Wigan Link Report of the Trustees For the year énded 30 March 2024 The trustees are pleased lo present their report together wlth the financi81 s181emenls of the charity lor the year ended 30 March 2024, The legal and admlnlslralive Infomialion set out on page 1 forms part of this report. The financlal 51alements comply wlth the Charitles Act 2011. the Companies Act 2006, the Memorandum and ArtlclÈs of Association, and Accounling and Reporting by Charitles.. Slalemenl of Recommended Practi applicable to charities preparing Iheir awounls in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeclive 1 October 20191. Objectivos of the charlty Wigan Link was formed in 1989 by a Company of people who have sons or daughters who happen to have a learning disability. We could see the need to offer our sonsldaughlers and other individuals who live with their families in Wigan the chance to when the time is right - move out of their parental home and into a home of their own, with rights and choices about who, if anyon8, livès with them and where they wlsh to Ilve. Wigan Llnk wlll, with Ihe person and the people around this individual, plan and negolla18 wllh Wigan Council lo offer a 8eNice that is tsilored around the indivldual. In settlng our objectives and plannlng our activities, our Irltstees have glven careful consideration to the Charity Commission's general guldance on public benefit. Organlsation and management Wigan Link is a company limited by guarantee and a reglslered charity governed by Its memorandum and articles of association. Wigan Link has an elected management group which works In partnership with our Local Authorlty and Health Authortly. We are a Registered Charity and a company limited by guarantee. Wigan Link wholeheat1edly believes in equal opportunities and fully supports the prlnclple of °ordinary opportunities" in whalev8r form this may be represenled. This further supports that Wigan Link has complied with Charities Act Public Benefit Guidance. Invèstment powers Under the memorandum and artlcles of assoclatlon, the charfty has the power to make any investment, for the benefit of the charfty, which the trustees see fll. Revlew of the actlvltles and future devolopments Wigan Link currently supports 27 individuals in thelr own homes. Each person's support is funded by direcl payment from local aulhorilies. Wigan Link will continue with this support and funding as long as It is required by the individuals concerned. Fundlng sources Fundlng is received from local authorities and is dependent upon each individual's specific requirements. Flnanclal revlew Thi8 year income generated by the charity decreased from £2,913,283 to £2,893,737 and the expendlture ncurred Increased f¥om £2.941,397 10 £2,962,610. This resulted in a fund deficit of £68,873 compared to £28,114 in the prlor year. The charity has had a net deficit In the CUTrent year and therefore has seen a decrease In funds carvied forward. During the course of the year, staff costs exceeded budget due to declsions taken to support staff which contributed towards the deficit in the year.
Wlgan Link Legal and Admlnlstrative Information For the year ended 30 March 2024 Constitution Wigan Link is a company limited by guarantee and a regislared charity governed by its memorandLtm and arlicles of association. The registered charity number is 1042791 and (he company number Is 02894707. The charitable company was incorporated on 4 February 1994 under ils memorandum and articles of association, and the chaiity was registered with the charity commlssion on 14 December 1994. Directors and trustees The directors of the charllable company {"Ihe charity") are ils Iruslees for the purpose of charity law and throughout this report are collectively referred lo as thts Iruslees. The management committee, directors and Iruslees seNing during Ihè year and slnce the year end were 8s follows:_ Nomlnated Chalrperson Mr R Short Management Commltteo Mrs E Fox Mr P Short Miss A Welch Mr K Barton Mr N Robinson Mrs P Short Mr R Short Mr P McDon8ld Mr B BroGklehurst Mrs J Dunlop Mrs A Baker Mrs C Harrison Mr R Alherton Mr J Dunlop Secretary TTU3tees and Dire¢tors Mr N Robinson Mr R Short {Chairpersonl Mr N Robinson Mr P McDonald Mrs E Fox Reglstered Offlce POBoxG15 Unlty House Westwood Park Drive Wigan WN3 4HE Auditors McDade Roberts 316 Blackpool Road Fulwo(Id Preston Lancashire PR2 3AE Accountants RSM UK Tax and Accountlng Limited Bluebell Hou88 Brian Johnson Way Preston Lancashlre PR2 SPE Bankers National Weslmlnsler Bank plc Wigan Branch 4 Standlshgale Wlgan WN1 1U
Wigan Llnk Report of the Trustees (contlnued) For the year ended 30 March 2024 Sadly, during the prior year in June 2023. one of the gentlemen we supported passed away, he had been supported by Wigan Link for g years. His team all look redundanGy. This was a par(Icularly large service of 233 hours per week, therefore the financial Implications of losing this service were reflected in tha accounts. We also lost another service of just 11 hours per week due lo the lady moving Into supported accommodation. During the financial year of 2023-2024, Wig8n Link continued lo provlde high level quality ServIS to individuals supported. Positive relationships wilh local Health and SocS8l Services continued. on again Ihanks lo a superb team, we have continued lo provide both conlinully and quality at all times, responding lo changing needs of individuals involved with Wigan Link and confident that Ihls will continue. Organisalions and service providers continua lo be faced wilh difficult decislons in lèms of seNice development however. Wigan Link has and will respond within a person-cèntred framework that meets needs in the most diverse and unique ways. Management Commlttee The management committee during the year were.. Mr R Short Miss A Welch Mr N Robinson Mr K Barton Mr R Alherton Mrs E Fox Mrs P Short Mr P Short Mrs C Harrison Mr P McDonald Mr J Dunlop Mrs A Baker Mrs J Dunlop Mr B Brocklehursl Trustees and Dlrectors The trustees and directors who served during the year and lo the dale of this report were: Mr R Short Mr N Robinson Mr P McDonald Mrs E Fox Trustees are appoinled by tha Trustees of the Charily. Induction and traln5ng of Trustees follows guidelines and directives from Charilitss Commission and Companies House. Pay 8nd remuTreration of charllies key personnel Is worked out when setting the budget for the year and is therefore dependent on funds provided by the local aulhorily. The elected Trustees work with the Registered Manager, the Nominated Individual representative for the Trustees and the Management group in making decisions on behalf of Ihe company. All operational aspects 8re undert8ken by the Operations Manager or Registered Manager. Any decision making on behalf of the company is made jolnlly with the Trustees. Reserves policy and Rlsk Management In September 2021, the Trustees caffled out a review of the exisllng slrateglc plan and risk strategy put in pla in 2014. 11 was ¢18ar that WSgan Link's main income rémalns solely as reslricled ftjnding, vla Dlrecl Payments paid Ihrough a third-party accounts holder Disabilily Direct. This has worked well since inception and, as we have worked hard to have an excellent working relationship with the Local Authorities, the current management risk strategy will rernaln unchanged. As always, Wigan Link provide seryices based on need and would aller accordingly. As it is not for profil, Ihere is no identified risk as all services are self-financing and one does nol impact on another. ReseNes are retained In order lo ensure the charity can continue in operational existence for the foreseeable fL*ture and meet mor81, slalitlory and other commitments arising from the wilhdrawal or reduction of funding. The trustees. policy is to retain reseNes lo cover al least one month's payroll.
Wigan Link Report of the Trustees (continued) For the year ended 30 March 2024 Reserves are also retalned to finance future plans in line with the charitable company's aims. The Iruslees are satisfied that lh8 assets of Wigan Link are available and adequate lo fulfil the obligations of the charitable company. Details of the specific funds are given in th6 notes lo the financial slalements. The level of reserves is considered and reviewed at regular IntealS. As slated In the m8mor8ndum and artlcles of association, any non discharged reserves can be pul lo the same charitable use of any other likeminded charitable organisalion. statement of Trustees, Responslbllltles In Relation to Flnanclal Statements The Iruslees (who 8re also directors of Wigan Link for the purposes of company law} are responsible for preparing the Truslees, Raport lincorporaling the strategic report and directors, report) and the ftnancial slalemenls in accordance wllh appllcable law and Unlled Kingdom Accounting Standards, Includlng Fln2ncial Reporting SlandaTd 102.. The Financlal Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practi). Company law requires the Irustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charitable company and of the income and expenditure, of the ch2111able company for that period. In preparing these financial slalements, the Irusle6s are required select suilable accounting policies and then apply them consislenlly,. obseNe Iha methods and principlès in the Charities SORP., make judgments and accounting esllmates that are reasonable and prudent. slate whether applicable UK Accounting Standards have been followed, subject lo any malerfal dèpartures disclos6d and explained In th8 financial slalamenls, and prepare the financial statements on the golng canrn basls unless11 Is Inapproprlale lo presume that the charitable company will continue in business. The trustees are responsible for maintaining proper accounllng records whlch dlsclose with reasonable accuracy al any lime the financial position of the ¢harilable company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of tho charitable company 8nd hence for taking reasonable steps for tha prevention and detection of fraud and other Irregularities. The Iruslees 8ra responsibl8 for the mainlenance and integrity of the corporate and financ181 Informallon included on the charllable company's website. Leglslallon in the Unilad Kingdom goveming the preparation and disseminatiOFI of financial statements may differ from legislallon In olherlurisdlclions.
Wigan Link (A company limited by guarantee) Report and Financial Statements for the year ended 30 March 2024 Company Number: 02894707 Charity Number: 1042791
Wigan Link Contents Contents Page No. Legal and administrative information Report of the trustees Independent Auditors, Report to the Mernbers Statement of financial activities Statement of financial position 10 Statemenl of cash flows Notes to the financial statements 12-18
Wigan Link Legal and Administrative Information For the year ended 30 March 2024 Constitution Wigan Link is a company limited by gLtarantee and a registered charity governed by its memorandum and articles of association. The registered charity number is 1042791 and the company number is 02894707. The charitable company was incorporated on 4 February 1994 under its memorandum and articles of association, and the charily was registered with the charity commission on 14 December 1994. Directors and trustees The directors of the charitable company {'the charity.) are its trustees for the purpose of charity law and throughout this report are colleclively referred to as the Irustees. The management committee, directors and truslees serving during the year and since the year end were as follows... Nominated Chairperson Mr R Short Management Committee Mrs E Fox Mr P Short Miss A Welch Mr K Barton Mr N Robinson Mrs P Short Mr R Short Mr P McDonald Mr B Brocklehurst Mrs J Dunlop rs A Baker Mrs C Harrison Mr R Atherton Mr J Dunlop Secretary Mr N Robinson Trustees and Directors Mr R Short (Chairperson} Mr N Robinson Mr P McDonald Mrs E Fox Registered Office PO BoxG15 Unity House Westwood Park Drive Wigan WN3 4HE Auditors McDade Roberts 316 Blackpool Road Fulwood Preston Lancashire PR2 3AE Accountants RSM UK Tax and Accounting Limited Bluebell House Brian Johnson Way Preston Lancashire PR2 SPE Bankers National Westminster Bank plc Wigan Branch 4 Standishgate Wigan WN11U
Wigan Link Report of the Trustees For the year ended 30 March 2024 The trustees are pleased to present their report together with the finanoial slatements of Ihe charity for the year ended 30 March 2024. The legal and administralive information set out on page 1 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordan wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 October 20191. Objectlves of the charlty Wigan Link was formed in 1989 by a company of people who have sons or daughters who happen lo have a learning disability. We could see the need lo offer our sonsldaughters and other individuals who live with their families in Wigan Ihe Chan to when the time is right - move out of their parental home and into a home of their own, with rights and choices about who, if anyone, lives wilh them and where they wish to live. Wigan Link will, with the person and the people around this individual, plan and negotiate with Wigan Council lo offer a service that is tailored around the individual. In setting our objectives and planning our activities, our trustees have given careful consideration to the Charily Commission's general guidan on public benefit. Organisation and management Wigan Link is a company limited by guarantee and a registered charity governed by its memorandum and articles of association. Wigan Link has an elected management group which works in partnership with our Local Authority and Health Authority. We are a Registered Charity and a company limited by guarantee. Wigan Link wholeheartedly believes in equal opportunities and fully supports the principle of "ordinary opportunities" in whatever form this may be represented. This further supports that Wigan Link has complied with Charities Act Public Benefit Guidance. Investment powers Under the memorandum and articles of association. the charity has the power lo make any investment, for the benefit of the charity, which the trustees see fit. Review of the activities and future developments Wigan Link currently supports 27 individuals in their own homes. Each person's support is funded by direct payment from local authorities. Wigan Link will continue with this support and funding as long as it is required by the individuals concerned. Funding SOUTces Funding is received from local authorities and is dependent upon each individual's specific requirements. Financial review This year income generated by the charily decreased from £2,913,283 to £2,893,737 and the expenditure incurred increased from £2.941,397 to £2,962,610. This resulted in a fund deficit of £68,873 compared lo £28,114 in the prior year. The charity has had a net deficit in the current year and therefore has seen a decrease in funds carried forward. During the course of the year, staff costs exceeded budget due lo decisions taken lo support stsff which contributed towards the deficit in the year.
Wigan Link Report of the Trustees (continued) For the year ended 30 March 2024 Sadly, during the prior year in June 2023, one of the gentlemen we supported passed away, he had been supported by Wigan Link for 9 years. His team all took redundancy. This was a particularly large service of 233 hours per week, therefore the financial implications of losing this service were reflecled in the accounts. We also lost another service of just 11 hours per week due to the lady moving into supported accommodation. During the financial year of 2023-2024, Wigan Link continued to provide high level quality services to individuals supported. Positive relationships with local Health and Social Services continued. Once again thanks lo a superb team, we have continued to provide both continuity and quality at all times, responding lo changing needs of individuals involved with Wigan Link and confident that this will continue. Organisations and service providers continue to be faced with difficult decisions in lemis of service development however, Wigan Link has and will respond within a person-cenlred framework that meets needs in the most diverse and unique ways. Management Committee The management committee during the year were.. Mr R Short Miss A Welch Mr N Robinson Mr K Barton Mr R Alherton Mrs E Fox Mrs P Short Mr P Short Mrs C Harrison Mr P McDonald Mr J Dunlop Mrs A Baker Mrs J Dunlop Mr B Brocklehurst Trustees and Directors The trustees and direclors who served during the year and to the date of this report were: Mr R Short Mr N Robinson Mr P McDonald Mrs E Fox Trustees are appointed by the Trustees of the Charity. Induction and training of Trustees follows guidelines and directives from Charities Commission and Companies House. Pay and remuneration of charities key personnel is worked out when setting the budget for the year and is therefore dependent on funds provided by the local authority. The elected Trustees work with the Registered Manager, the Nominated Individual representstive for the Trustees and the Management group in making decisions on behalf of the company. All operational aspects are undertaken by the Operations Manager or Registered Manager. Any decision making on behalf of the company is made joinlly with Ihe Trustees. Reserves policy and Risk Management In September 2021, the Trustees carried out a review of the existing stralegic plan and risk strategy pul in place in 2014. It was clear that Wigan Link's main income rèmains solely as reslricled funding, via Direct Payments paid through a third-party accounts holder Disability Direct. This has worked well since InptIOn and, as we have worked hard to have an excellent working relationship with the Local Authorities, the current management risk strategy will remain unchanged. As always, Wigan Link provide services based on need and would alter accordingly. As it is not for profil, there is no identified risk as all services are self-financing and one does not impact on another. Reserves are retained in order to ensure the charity can continue in operational existence for the foreseeable future and meet moral, statutory and olher commitments arising from the withdrawal or reduction of funding. The trustees, policy is to retain reseNes lo cover at least one month's payroll.
Wigan Link Report of the Trustees (continued) For the year ended 30 March 2024 Resetves are also retained to finance future plans in line with the charitable company's aims. The trustees are satisfied that the assets of Wigan Link are available and adequale lo fulfil the obligations of the charitable company. Details of the specific funds are given in the notes to the financial stalemenls. The level of reserves is considered and reviewed at regular intervals. As stated in the memorandum and articles of association, any non discharged reseNes can be PLtt lo the same charitable use of any other likeminded charitable organisalion. Statement of Trustees, Responsibilltles In Relation to Financial Ststements The trustees (who are also directors of Wigan Link for the purposes of company law) are responsible for preparing the Trustees, Report lincorporaling the strategic report and directors, report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financial Reporting Stsndard applicable in Ihe UK and Republic of Ireland (Uniled Kingdom Generally Accepted Accounting Practice}. Company law requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expendilure, of the charitable company for that period. In preparing these financial stalements, the trustees are required to.. select suitable accounting policies and Ihen apply them consistently., observe the methods and principles in the Charities SORP,. make judgments and accounting eslimales that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the charitable company will continue in business. The trustees are responsible for maintsining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and he for taking reasonable steps for the prevention and deleclion of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information induded on the charitable company's website. Legislatior) in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Wigan Link Report of the Trustees (continued) For the year ended 30 March 2024 Public Benefit statement The Iruslees of Wigar) Link confirm that they have complied with their duly to have due regard to the guidance on public benefit published by the charity commission in exercising their powers or dulles. Auditors Insofar as the trustees are aware: there is no relevant audit information of which the charitable company's auditor is unaware,. and the trustees have taken all steps Ihey ought to have taken lo make themselves aware of any relevant information and to establish that the auditor is aware of that information. Registered office= PO Box G15 Unity House Westwood Park Drive Wigan WN3 4HE On behalf of the trustees.. Mr R Short (Chairperson) Approved by the Iruslees on
Wigan Link Independent Auditors, Report to the Members For the year ended 30 March 2024 Opinion We have audited the financial statements of Wigan Link (the 'charitable company'l for the year ended 30 March 2024 which comprise the Slatemenl of Financial Activities. the Statement of Financial Position Statement of Cash Flows and notes lo the linancial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102= The Financial Reporting Standard applicable in the UK and Republic of Ireland {Uniled Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 30 March 2024 and of its incoming reSoUrS and application of resources, including its income and expendilure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK} {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordan with the ethical requirements that are relevant to our audit of the financial slalements in the UK, including the FRC'S Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe Ihal the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to report to you, where.. the trustees, use of the going concem basis of accounting in the preparation of the financial statements is not appropriate., or the trustees have not disclosed in the financial statements any identified material uncertainties that May cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are aulhorised for issue. Other information The Iruslees are responsible for the other information. The other information comprises the information included in the annual report, other than Ihe financial statements and our Report of the Independent Auditors Ihereon. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion Ihereon. In connection with our audit of the financial stalemenls, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial stalements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misststements, we are required to delermine whether there is a material misstatement in Ihe financial statements or a material misstalemenl of the other information. If, based on the work we have performed, we conclude that there is a material misslatemenl of this other information, we are required to report that lacl. We have nothing to report in Ihis regard.
Wigan Link Independent Auditors, Report to the Members (continued) For the year ended 30 March 2024 Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course ofthe audit= the information given in the trustees, report (incorporating the strategic report and the directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements- and the truslees, report (incorporating the strategic report and the directors, report) has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing lo report in respect of the following matters in relation to which Ihe Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept or retums adequate for our audit have not been received from branches not visited by us., the financial statements are not in agreement with the accounting records and retums., certain disclosures of trustees, remuneration specified by law are not made., or we have not obtained all the information and explanations necessary for the purposes of our audit. Responsibilities of trustees As explained more fully in the Statement of Truslees Responsibilities, the trustees {who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misslatement, whelher due to fraud or error. In preparing the financial slatemenls, the trustees are responsible for assessing the charitable companls ability to continue as a going concern, disclosing, as applicable, mallers related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative bul to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assLtrance about whether Ihe financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS {UKI will always detect a material misstatement when it exists. Misstatements Can arise from fraud or error arid are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users tsken on the basis of these financial statements. We design our procedures so as to obtain sufficienl appropriale audit eviden that the financial statements are not materially misstated due to non-compliance with laws and regulations or due lo fraud or error. Based on our understanding of the charitable company and sector and discussions with the Trustees and Directors we identified FRS102, Charities SORP {FRS1021, Companies AGt 2006 and Charities Act 2011 as having a direct effect on the amounts and disclosures in the financial statements. Other laws and regulations where non-compliance may have a material effect on the charitable companys operations is compliance with the safeguarding. Health and safety is another significant factor in light of the nature of seNices provided.
Wigan Link Independent Auditors, Report to the Members (continued> For the year ended 30 March 2024 As part of the engagement leam discussion about how and where the charitable company's financial statements may be materially misstated due lo fraud, including managemenl override of systems but did not conclude there lo be any areas with an increased risk of fraud. Our audit procedures included= enquiry of the Trustees and Directors about the charitable company's policies, prOdureS and related controls regarding compliance with laws and regulations and if there are any known instances of non- compliance., examining supporting documents for all malerial balances, transactions and disclosures. review and inspection of relevant correspondence and costs with the companvs legal represenlalives and discussion in respect of CQC status and inspections., analytical procedures to identify any unusual or unexpected transactions or relationships., lesting the appropriateness of journal entries recorded in Ihe general ledger and other adjustments made in the preparation of the financial statements., review of accounting estimates for manipulation Owing to Ihe inherent limitations of an audit, there is an unavoidable risk that some material misstatements of the financial stalements may not be detected, even though the audit is properly planned and performed in accordance with the ISAS (UK). The potential impact of inherent limitations could be sgnifICant in the case of misstatement resulting from fraud because fraud may involve sophisticated and carefully organised schemes designed lo conceal il, including deliberate failure to record transactions, collusion or intentional misrepresentations being made to us. We are not responsible for preventing non<ompliance and cannol be expected to delect non-compliance with all laws and regulations. This responsibility lies with the Trustees and management. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklaudilorsresponsibilities. This descripb'on forms part of our Report of the Independent Auditors. Use of our report This report is made solely lo the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the Charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's members as a body, for our audit work, for Ihis report, or for the opinions we have formed. Martin Gary BA (HONSI, FCA (Senior Stalulory Audilorl McDade Roberts Accountants Limited Chartered Accountants and Statutory Auditor Eligible to act as an audilor in terms of Section 1212 of the Companies Act 2006 316 Blackpool Road Fulwood Preston Lancashire PR2 3AE Date..
Wigan Link Statement of Financial Activities incorporating Income and Expenditure Account For the year ended 30 March 2024 Total Restricted Funds 2024 Total Restricted Funds 2023 Notes Incoming from: Charitable activities Direct services and other projects Income from generated funds Investments Other 2,888,360 2,911,924 4,456 921 7, 143 216 Total 2,893,737 2,913,283 Expenditure: Charitable Aclivities 12,942,741) (2, 928,578) Other (19,8691 (12,819) Total 12,962,610) (2,941,397) Net expendlture (68,873) (28,114) Net movement in funds (68,873) (28.114) Total funds brought fonmard 266,557 294,671 Total funds carried forward 12 197,684 266,557 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 12 to 18 fomi part of these financial statements
Wigan Link Statement of Financial Position Company Number 2894707 As at 30 March 2024 Notes 2024 2023 Fixed assets Tangible assets 3,843 4,520 Current assets Debtors Cash at bank and in hand 22,895 263,565 286,460 92,619 17,166 323,961 341,127 79,090 Creditors.. amounts falling due within one year 10 Net current assets 193,841 262,037 Net assets 197,684 266,557 Restricted funds 12 197,684 266,55T The financial statements on pages 9 to 18 were approved by the trustees and authorised for issue on and are signed on their behalf by.. fL4• Mr R Short Chairperson The notes on pages 12 to 18 form part of these financial statements 10
Wigan Link Statement of Cash Flows Company Number 2894707 As at 30 March 2024 Notes 2024 2023 Cash flows from operating activities Cash generated from operations Interest received 15 (64,852) 4,456 214,816 1, 143 Net cash {used inlmrom operatlng actlvSties 160,3961 215,959 Investing activities Purchase of tangible fixed assets (7,803) Net cash froml{used in) investing activities (1,803) Net {decreasellincrease in cash and cash equlvalents (60,396) 274, 156 Cash and cash equlvalents at beginning of year 323,961 109,805 Cash and cash equivalents at end of year 263,565 323,961 Relating to: Cash at bank 263,565 323,961 263,565 323,961 The notes on pages 12 10 18 form part of these financial stalements
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Accounting pollcles Wigan Link is a charitable company incorporated in England & Wales. The address of its principal place of business is given on page 1 and the nature of its operations are set out in the Report of the Trustees. The financial statements have been prepared in accordan with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Charities SORP {FRS 102}), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Wigan Link meets the definition of a public benefil entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notels). The financial statements are presented in sterling which is also the presentational currency of the charity. Monetary amounts in these financial statements are rounded to the nearest whole £, expt where indicated. Going Concern The accounts have been prepared on a going concern basis as the Iruslees are confident that the charity can continue in operational existence for Ihe foreseeable future. The charity has sufficient available reserves and as a result the trustees have concluded that the accounts conlinue to be prepared on a going concern basis. Donations and grants Income from donations and grants, including capital grants, is included in income when these are receivable, except as follows.. When donors specify that donations and grants given lo the charity must be used in future accounting periods, the income is deferred until those periods. When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in income until the pre-conditions for use have been met. When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount lo pre-conditions regarding entitlement, Ihis income is included in income of restricted funds when receivable. Interest receivable Interesl is recognised when re1vable by the charity. 12
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Expenditure Expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. All expenditure is directly attributable to specific activities and has been included in those cost categories. Governance costs are associaled with the governance arrangements of the charity. They include compliance with stalulory and constilulional requirements. Ernployee benefits The best estimate of Ihe expenditure required to settle an obligation for termination benefils is recognised immediately as an expense when the charitable company is demonstrably committed lo lerminale the employment of an employee or lo provide termination benefits. Financial instruments The charity has chosen to adopt Sections 11 of FRS 102 in full in respect of financial instruments. Financial assets and financial liabilities are recognised when ihe charity becomes a party to the contractual provisions of the instrument. Financial liabilities are classified according to the Substan of the financial instrument's contractual obligations, rather than the financial instrument's legal form. All financial assets and liabilities are inilially measured at transaction pri (including transaction costs). Financial assets and financial liabilities are offset only when there is a current legally enforceable right lo set off the recognised amounts and the intention to either settle on a net basis, or to realise the asset and settle the liability simultaneously. A financial asset is derecognised only when the contraclual rights to cash flow expire or are settled, or substantially all the risks and the rewards of ownership are transferred to anolher paty, or rf some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. A financial liability lor part thereon is derecognised when the obligalion specified in the contract is discharged, Canlled or expires. Tangible fixed assets Tangible fixed assels are staled at cost less accumulated depreciation. Cost is defined as any costs which are attributable lo bringing the asset into working condition for its intended use. Tangible fixed assels are depreciated as follows.. Fixtures and fittings 150/0 reducing balance and 20-33.3 % straight line. Impairment of financial assets Financial assets, other than those held al fair value through profit and loss, are assessed for indicators of impairment at each reporting end dale. 13
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in the Statement of Financial Activities. Governance Costs G0Veman costs include the costs altribulable to the charitable company's compliance with constitutional and statutory requirements, including audit and accountsncy expenses. Fund accountlng Funds held by the charity are all.. Reslricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of the reslricled funds is included in the notes to the financial statements. Operating leases Rentals paid under operating leases are charged in the Ststement of Financial Activities as incLfrred. Pensions The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The ar)nual conlribulions payable are charged to the Statement of Financial Activities. Governmenl grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met, and the grants will be received. Legal status of the charity The charity is a company limited by guarantee and has no share capital. The liability of each member in the evenl of winding-up is limited to £1. 14
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Charitable acllvities expenditure 2024 2023 Salaries and wages- direct seNices Rent and rates Telephone and fax Postage, stationery and advertising Insurance DBS checks Derngate food allowance Bank interest and charges Recruitment and Iraining Employment18w consulting Miscellaneous expenses Repairs and renewals Care standards committee Depreciation 2,862,345 23,515 930 2.356 26,661 1,506 2,850, 764 22,197 300 4, 794 23,523 576 1,200 450 3,095 7, 158 10,310 7,403 1,868 940 421 5,520 7,158 7,457 2,381 1,814 677 2,942,741 2,928,578 Governance costs 2024 2023 Auditors, remuneration Accountancy and book-keeping charges 4,750 15,119 4,536 8,283 19,869 12,819 Staff costs and trustees, remuneration 2024 2023 Salaries and wages Social security costs Pension contribulions Staff restrucluring costs 2,519,902 236,161 41,423 64,859 2,569, 156 240, 697 40,917 2,862,345 2,850, 764 The trustees and directors did not receive any remuneration or reimbursed expenses during this year or the previous year. The charity did not undertake any related party transactions during the year. Included in staff restructuring costs are redundanoy costs of £46,859. 15
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Staff numbers The average number of employees (including casual and part-time slaffl during the year was made up as follows.. 2024 2023 Administration Operational 93 95 100 102 Movement in total funds for the year 2024 2023 This is stated after charging= Depreciation - owned assets Auditors, remuneration.. External audit 677 940 4,750 4,536 Tangible fixed assets Home Flxtures And fittlngs Office Flxtures and flttings Total Cost AI 30 March 2023 10,878 16,134 27,012 Additions Disposals At 30 March 2024 10,878 16,134 27,012 Depreciation At 30 March 2023 10,878 11,614 22.492 Provided for the year 677 677 AI 30 March 2024 10,878 12,291 23,169 Net book value At 30 March 2024 3,843 3,843 At 30 March 2023 4,520 4,520 16
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 Debtors 2024 2023 Trade debtors Olher debtors Prepayments 20,205 1,600 1,090 14,629 1,600 937 22,895 17,166 10 Creditors- amounts falling due within one year 2024 2023 Trade creditors Accruals other creditors Other taxation and social security 3,866 24,006 9,384 55,363 3,213 16,788 59,089 92,619 79,090 11 Commltments under operating leases AI 30 March 2024, the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2024 2023 Operating leases which expire: Within 1 year Between 2 and 5 years 970 3,155 728 4, 125 4,125 4, 853 12 Restricted funds At 1 April 2023 Expenditu re At 30 March 2024 Income 266,557 2,893,737 (2,962,610) 197,684 All the lunds of the charity are reslricted. The key funds identified above are made up out of the 27 projects currently supported by Wigan Link. Each project has its own stand-alone funding, which contributes to the total figure listed in income. 17
Wigan Link Notes to the Financial Statements For the year ended 30 March 2024 13 Control The company was under the control of its trustees who controlled the charitable company by virtue of limitalion by guarantee throughout the whole of the year and the previous year. 14 Pensions At the year end, the company had oulslanding pension contributions of £9,384 (2023-. £Nil}. The company has made Ihe following payments to defined contribution pension schemes, the assets of which are held in independently administered funds. The pension cosl charge represents the total contributions payable to the funds. 2024 2023 Contributions payable by Ihe company for the year 41,423 40,971 15 Reconciliation of nel expenditure to net cash flow from operating activities 2024 2023 Net expenditure for the reporting period {as per the Statement of Financial Aclivities) (68,873) (28, 114) Adjuslments for: Interest receivable Deprecialion of tangible fixed assels 14,456) 677 (1, 143) 940 Operating cash flows before movements in working capital (72,652) (28.317) (Increase}Idecrease in trade and other debtors Increasel(decrease) in Irade and other creditors (5,729) 13,529 257,913 (14, 780) 164,852) 214,816 16 Analysis of changed in net funds At 1 Aprll 2023 Cash flows At 30 March 2024 Cash 323,961 160,396) 263,565 18
McDade Roberts McDade Roberts Accountants Limited Chartered Aco)untantsand Business Advise 20 December 2024 Our Ref: W22141MG The Trustees Wlgan Llnk Office Bay Unlty House Wigan Lancashlre WN3 4HE DearAII, Wlgan Llnk We have now completed the audlt for the above charityforthe year ended 30 March 2024, In accordance wlth our normal practlce we are writing to draw your attentlon to various matters whlch arose durlng the course of these audlts for the period. Flnanclal Ststements The financial statements for the year have agaln been prepared in accordance wlth the provislons of FR5 102. The results ofwlgan Llnk for the year show a deflclt and as such a reductlon In reserves. Thls has been partly attrlbuted to redundancy costs arislng on the end of two seNices PvIoUSlY provlded. We dlscussed future prospects in order to review the golng concern posltlon and were pleased to learn that authoritles have offered Informal support In advance of conversations due In early 2025. All audit adjustments identlfied have been pa55ed through to be made in the final accounts. Allied to thls It would be good to ensure that these are accurately captured In Sage 50 that there are no legacy issues carrylng forward to the current year and beyond. Operations During our time at your business prerni5es we have reviewed the accountlng systems used and all collected deta115 of all key members of staff employed. As part of the audit work we revlew the company's systems and controls and the separate appendix details ourfindings and recommendations. Under Institute ruleswecan now summariseourfindlngs asfollows: a) Expectedmodificotlon5 to the auditor5 report. There are no expected modifications tothe audltors. report b) Unadjusted m15Starements. Whele applicable a Ilst ofthe unadjusted mi55tatementsfound during the audlt 15 attached to the letter of representation. There are none this year. d Materlol weoknesse5 in the accounting and interndlcontro15yStems. Regi51ered tocèryonaLxif(workinth UK& Ireland and regulatedforarangoof inve5trnent businessactbviNesbytheln5titute ofchartered Accountantsin Eland&Wa1es. Reg15tered In England&e9 Registered Numikr. 34931 TO1772717110 RÈglsteredI 316WadqxxAW T01772786858 Fuh4wd,Pre5t0LanOShlr¢Pft23AE 316 BkkFXY)l Road FU1wc Pre5torn Lancashire, PR2 3AE rc HouseChaFI Hill,LongrithJ¢ Preston, LancaShI PR3 3JY E office@mcdaderobertsxThuk www. Mcdader0bertk AlisttsfdlrettO isavailae on thewebsite
As you are aware from our letter of Engagement, our audlt procedures were dlrected towards testlng the accountlng systems in operation upon which we have based our assessment of the accounts. Our findlngs are set out in Appendix l. d) Quallrative dsperts of the entit$ accountingprartlces andfinanclol reporting We have no commentsto make concerning the qualitativeaspect5 ofthe entit5 accounting practices and financial reporting except those stated in our report. ej Other matter5 required byAuditing Stondards ro becommunicated. There afe no other matters required byAuditing Standard5 that we are qUired by Auditing Standards to communlcate to you. fj Otherrelevant matters relating to theoudit. There are no other matters which we wish to draw to your attentlon. We would Ilke to take this opportunlty of expressing our thanks to your staff for thelr assistance durlng the course of our audit. Please note that this report has been prepared for the sole use of the company. It must not be disclosed toanythird parties, quoted or referred to, without our prior written consenL No responsibility15 assumed by us to any other person. Ifwe can be of any further assistance. please feel free to contact U5. Your5 Sincerely Martln Garry BA (Hons), FCA Director McDade Roberts Accountants Ltd