## **DISABILITY ACTION YORKSHIRE** ## **REPORT AND FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** A company limited by guarantee Company Registration No 3013324 Registered Charity No 1044373 ## **OFFICERS AND PROFESSIONAL ADVISERS** ## **TRUSTEES** _**Chair**_ Neil Revely _**Vice Chair**_ Andrew Newton ## _**Elected Members**_ Noel Moriarty Mike Patterson Alison Craggs Susan Papworth Guy Tweedy (from 6 August 2021) Andrew Glen (resigned 12 May 2021) ## **TREASURER** Alison Craggs ## **COMPANY SECRETARY** Jackie Snape ## **CHIEF EXECUTIVE** Jackie Snape ## **OPERATIONS MANAGERS** Felix Bonello Denise Baynton Karen Minteh (Finance) (Training) (Care & Support) 1 ## **OFFICERS AND PROFESSIONAL ADVISERS** ## **REGISTERED OFFICE AND PRINCIPAL OPERATING ADDRESS** Unit i4A Hornbeam Park Oval Harrogate North Yorkshire HG2 8RB Tel: 01423 855410 Fax: 01423 855411 E-mail: admin@da-y.org.uk Website: www.da-y.org.uk ## **AUDITORS** Azets Audit Services Limited Triune Court Monks Cross Drive York YO32 9GZ ## **BANKERS** CAF Bank Limited 25 Kings Hill Avenue Kings Hill, West Malling Kent, ME19 4JQ ## **INVESTMENT ADVISERS** Gore Browne Investment Management 2 Victoria Ave, Harrogate HG1 1EL ## **INSURANCE ADVISERS** Marsh Commercial Central House Beckwith Knowle Otley Road Harrogate HG3 1UF ## **SOLICITORS** Raworths LLP Solicitors Hempsons 89 Station Parade The Exchange Harrogate Station Parade HG1 1HF Harrogate HG1 1DY 2 ## **Report of the trustees for the year ending March 2021** The Trustees present their annual report and the audited financial statements for the year ended 31 March 2021 which are also prepared to meet the requirements of a directors report and accounts for Companies Act purposes. The Officers and Professional Advisers pages on pages 1-2 form part of the Report of the Trustees. The financial statements comply with the Charities Act 2011, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and the Republic of Ireland (FRS102) (effective 1 January 2019). ## **PURPOSE AND ACTIVITIES** The purpose of Disability Action Yorkshire is to provide a range of options and practical solutions to enable disabled people to achieve their ambitions, primarily through: - Information, advice and guidance - Personal assistance, including residential care - Training - Campaigning / Accessibility - Holiday accommodation The Trustees vision for the charity is that all disabled people are empowered to achieve their aspirations and have focused their future planning on three key areas: - Solution finding - Accessibility The Trustees have referred to the guidance contained in the Charity ublic benefit in reviewing current provision and in the planning of future services. ## **The focus of our work** In order to meet the above objectives and vision we provide a number of services and facilities. Our activities are described below and all focus on the provision of high quality services that enable disabled people to live the lifestyle of their choosing and are undertaken to further our charitable purpose for the public benefit. 3 ## **Report of the trustees for the year ending March 2021 (continued)** Strategies to meet those objectives included: - The provision of a residential service that provides personal care and training in independent living for disabled young people and adults (16-65) with physical disabilities this is currently under review as explained below - The provision of community services which support disabled people to live independently (restricted during this year, please see below) - The provision of training in employability skills and personal development for disabled people - The provision of holiday accommodation for families with a disabled member - Using our voice in ensuring that disabled people have equal access to services, homes, work and fulfilled lives - Compliance with all standards and regulations appropriate to our services, including the Care Quality Commission ## **Who uses and benefits from our work?** Although the objects of the organisation permit the delivery of services throughout England and Wales, the size of the organisation limits our geographical area of delivery to North Yorkshire and in particular the Harrogate area at the present time. We are committed to the provision of services that are driven by the needs and wishes of disabled people, therefore the users of our services encompass a broad spectrum of society, which primarily includes younger physically disabled people and physically disabled adults. We also provide services to younger people and adults with learning disabilities and sensory impairments. Access to our services is not limited by gender, sexual orientation, ethnicity or any other protected characteristic. We provide services for disabled people from the age of 16 - 64, with the majority of people that we work with being aged 16 30. |**How many people have benefited from our services during the year**|**How many people have benefited from our services during the year**|**How many people have benefited from our services during the year**| |---|---|---| ||**2019/20**|**2020/21**| |34 Claro Road|21|21| |Training|29|34| |Community services including buddying|15|0| |Holiday Lodge|143|42| |Inclusion events|50+|0| 4 ## **Report of the trustees for the year ending March 2021 (continued)** ## **What we do and how we do it** This has been an extraordinary year for the organisation with COVID-19 affecting our services throughout the period. The below shows how the pandemic has impacted on what we do as well as the steps we have taken to ensure that, wherever possible, we were able to continue to deliver our services and adapt to the challenges we have faced. ## **Residential Care 34 Claro Road** 34 Claro Road is our purpose-built residential facility for disabled younger people and adults (16-65). It provides accommodation for twenty-two people and is divided into two ten person units with the ethos of the facility being to train those living in the skills they require to live independently. During the year we have provided a service to 21 people who are all working on developing essential life skills, although in December 2020 that number dropped to 20 with one customer moving to a more appropriate provision. Due to the very low demand for residential care we have been unable to fill that vacancy. The year has not been an easy one at 34 Claro Road, with life becoming highly restrictive, due to government guidance, for the people that live there. A long period with very tight restrictions on visitors and going out certainly affected the mental wellbeing of the customers. We have developed robust infection control levels which have certainly contributed to the very low numbers of positive cases of COVID-19 we have seen in both the customer and staff groups. COVID-19 has also had an impact on our finances during the year, expenditure has increased due higher staffing levels to en paying full pay to staff who had a COVID related absence from work, paying for alternative staff transport to public transport and, at the beginning of the pandemic, high costs of PPE before this was supplied to us. The increase in expenditure has been slightly offset by a number of COVID related government grants. Our desire to change the model of service delivery from residential care to supported housing remains resolute, however the pandemic has impacted this adversely with many providers stopping new building work altogether for a period. We were pleased to find a suitable partner in September 2019, and whilst we have still had a number of unforeseen hurdles to overcome our plans are now moving forwards. 5 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Training** Our training department delivers training in the skills required for employment, as well as other life skills, to disabled young people and adults. Learners come to us through various pathways. Some come to us directly, some on an NYCC funded Personal Learning Pathway, some on supported internships and others funded by NYCC health and adult services. From April 2020 to September 2020 the physical training environment was fully closed due to COVID-19. This meant that we quickly had to look at new ways to deliver training as well as ensuring support and reducing isolation for learners. With staff working from home we moved very quickly to online learning which p unrestricted online support during working hours to enable participants to continue with their learning and maintain the relationships they had developed with each other. This was very successful with learners saying that while it would never take the place of being in the learning environment it was a very close second. This form of learning did not require as many staff as a physical environment and those who were not needed transferred to 34 Claro Road for the period, with two people going onto furlough due being considered clinically extremely vulnerable. The re-opening was staged with learners returning to a much more socially distanced environment, workin nd a very regular cleaning regime. Our experience with remote learning made us realise that this was a very successful mode of delivery, particularly for disabled people who are isolated, live rurally or do not wish to enter a physical environment particularly during a pandemic. We were pleased to receive a grant from the National Lottery Community Fund which enabled us to employ a member of staff to further develop our online learning offer. As we continued to provide a service we did not suffer loss of income in this department. ## **Holiday Accommodation** Our holiday lodge is situated in Louth, Lincolnshire, on the Kenwick Park Estate and was purpose built to provide accessible self-catering holiday accommodation for disabled people and their families. 6 ## **Report of the trustees for the year ending March 2021 (continued)** COVID-19 impacted on this provision with the lodge being closed for bookings, due to government restrictions, from April August 2020. Following reopening bookings were slow to come in with many disabled people remaining on the clinically extremely vulnerable list. It was not really until 2021 that we got back to anything like the previous level of bookings. In order that we can ensure robust cleaning between bookings we have had to introduce a policy of one clear break between bookings. This and the low number of bookings during the period have had a negative financial impact on our holiday accommodation. ## **Community Services** Our plans to develop a registered personal care service in the local community have had to be put on hold due to COVID-19. Under current guidance we are unable to use staff across two registered services meaning that as we planned to use staff from 34 Claro Road to deliver services in the community we could not move forwards with this. We have also had to put our buddying service on hold, again due to COVID-19. At the beginning of the pandemic this was not a permitted service and when more mixing was allowed we found that our volunteer buddies had either found alternative volunteering or did not feel comfortable continuing. We were able to provide a small service in the community during the lockdowns delivering donated jigsaws and books to people in lockdown, particularly the clinically extremely vulnerable who could not get out. ## **Information, Advice & Guidance** We found that during lockdown the number of people ringing for information, advice and guidance increased slightly although the callers generally just wanted advice on where to get support for shopping, prescriptions etc. ## **Campaigning / Accessibility** Our work in the local business community improving accessibility has been on hold during much of the period, with the staff member working on this project being on furlough leave for the majority of the year. ## **Future Plans** ## **Strategic Plan** - Our strategic plan covers the period to 2022 and focuses on: Solution finding. - Equality - Accessibility 7 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Changing our model of service from residential care to supported housing** Whilst the pandemic has continued to stall our plans to change our model of service delivery it has in no way weakened the resolve to do so. Having now found a suitable partner we are finally moving forwards with the hope that work will begin on the building in early 2022. Following a long and unsuccessful search for suitable land for the supported housing development we finally came to the conclusion that the best option was to use the land on which our residential home, 34 Claro Road stands. This has a substantial garden area and backs onto an abandoned playground, owned by the Borough Council who have indicated they would be willing to dispose of this land for housing purposes. The build will take place in two phases with the first phase providing the accommodation for the people living at 34 Claro Road. Once they have moved into their new accommodation the residential home will be demolished and the next phase, which will provide supported housing for other local disabled people, will be built. In order to obtain the grant needed from Homes England to develop the scheme the housing association need to own the land on which it will be built. We will therefore be selling 34 Claro Road in early 2022 to them and renting the residential home back for a nominal rent. Prior to the decision to sell the property, it was included within our accounts at £1,637,563, this being the value in use; however the sale value is £360,000. This will result in a loss on disposal of £1,277,563 which has been included within this years accounts as an impairment. ## **COVID-19 Response and Recovery** The impact of the pandemic has been felt by the organisation in a number of ways. Financially the ramifications have been felt mainly at 34 Claro Road with the requirement for higher staffing levels to enable cohorting, to cover staff who were isolating or clinically extremely vulnerable, and to facilitate effective infection control have resulted in increased costs including increased overtime and additional recruitment. The delay in the development of the supported housing has affected us as there is very limited demand for residential care for younger adults, therefore as people leave we are unable to fill vacancies. The effect on staff should not be underestimated, particularly at 34 Claro Road they have worked tirelessly and unfortunately, due to the national crisis in social care staffing, there appears to be no respite in this. 8 ## **Report of the trustees for the year ending March 2021 (continued)** We have updated our risk register continually during the pandemic and will continue to do all that we can to mitigate any negative consequences moving through this and in the aftermath. ## **STRUCTURE, GOVERNANCE & MANAGEMENT** ## **Constitution** The charity was incorporated as a company limited by guarantee, company number 03013324 on 24 January 1995 and registered with the charity commission on 22 February 1995, charity number 1044373. The Governing document of the charity is the Memorandum and Articles of Association. The charity removed the existing Articles of Association and replaced them with new Articles of Association by Special Resolution dated 16 November 2010. The objects of the charity were amended by Special Resolution on 28 March 2011 and 1 December 2016. ## **Appointment of Trustees** Members of the Board of Trustees are appointed by members of the charity at the Annual General Meeting. Retiring trustees may, if willing to act, offer themselves for re-election for up to a maximum of 3 consecutive 3 year terms. On expiration of such period one further year must elapse before any such member shall be eligible for re-election. At the 2020 Annual General Meeting Andrew Glen and Andrew Newton retired by rotation and, being eligible, offered themselves for re-election and were duly appointed. Andrew Glen later resigned on 12 May 2021, we thank him for his considerable service to the charity. The organisation seeks to ensure that the views of disabled people are appropriately reflected on the Trustee Board along with a broad skill mix. Trustees are appointed using a number of methods, including online advertising and networking, with trustees paying due regard to the makeup of the trustee board reflecting the needs of the community we serve. Trustees have reviewed the skills and experience of the current Board during the year and, although this demonstrated that all areas of good governance were covered by the existing Board, the findings will be used in any future recruitment campaign. The Trustees have spent much of the year working through the Charity Governance Code to assess their compliance and have developed an action plan to improve their practice and compliance, much of which has been actioned. 9 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Trustee induction and training** Disability Action Yorkshire is committed to providing training for trustees and staff alike to ensure that they are fully equipped to perform their duties and discharge their responsibilities with due care. Trustees are required to comply with both company law and charity law; they therefore attend an induction session with the Chair and Chief Executive and are issued with a comprehensive induction pack. The training and pack cover: - The obligations of Trustees, including the Charity Commission Welcome Pack for New Trustees. - The functions of the organisation and its services. - The financial position. - The c Plan. During the year Trustees have attended external training seminars and events as well as receiving regular online updates. ## **Directors** The Trustees are all directors of the company as detailed on page 1. Their responsibilities are set out on page 16. ## **Organisation** The Trustees have appointed a Chair, Vice Chair and Treasurer and may appoint other honorary officers from amongst their midst. The Trustees meet as often as may be required for the proper conduct of the affairs of the charity provided that this is not less than four times in each calendar year and usually on a bi-monthly basis. During the pandemic meetings have been held remotely, which is permitted within our Articles. The Trustees are quorate when at least three Trustees are present. Questions arising at any meeting are decided by a majority of votes. Trustees have one vote, except in the case of an equality of votes when the Chair has a second or casting vote. The Trustees take strategic decisions at Board meetings and delegate authority for operational matters to the Chief Executive. The Chief Executive is supported by three operations managers who form the Leadership Team. ## **Related parties** The directors consider the board of trustees, the chief executive and the leadership team as comprising the key management personnel of the charity in charge of directing and controlling the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration or other benefit was paid in the year. Details of trustee expenses are disclosed in note 11 of the accounts. 10 ## **Report of the trustees for the year ending March 2021 (continued)** In the current year no related party transactions were reported. Trustees disclose all relevant interests and register them with the Chief Executive withdrawing from any discussion or decision where a conflict of interest may arise. ## **FINANCIAL REVIEW** The charity has ended the year with a deficit of £1,330,739 (2020 - £31,800). Whilst the trustees are disappointed with this, it is recognised that the majority of the working deficit was due to the effects of COVID-19, in particular high staff costs at 34 Claro Road to enable effective infection control and losses on furniture warehouse income and holiday lodge bookings. We had high repair costs at 34 Claro Road during the year with the building now showing signs of wear and tear. The reported deficit also includes £1,277,563 which is the effect of writing down the value of 34 Claro Road. Excluding that write down the net result of the charity is a deficit of £53,176. Income from charitable activities totalled £1,232,905 compared to £1,312,201 in the previous year. 34 Claro Road generated an income of £946,523 and expenses of £1,059,159 with an inclusion of £111,763 of support costs. The Training department, which includes the furniture sales warehouse, had an income of £272,275 with expenses of £359,523. This includes £139,704 of support costs. Income in the holiday accommodation was £4,065 with costs of £24,129 with an inclusion of £13,970 of support costs. ## **Grants and Legacies** Details of grants, donations and legacies are shown in Note 3 to the accounts. We remain indebted to those who have so generously supported the work of the charity, and particularly during the pandemic. ## **Fixed Assets** Changes in fixed assets during the year are summarised in notes 12 to 14. 11 ## **Report of the trustees for the year ending March 2021 (continued)** **Reserves Policy** It is Disability Action following purposes: 1. To provide a degree of short term protection against unplanned events that threaten the provision of existing services. 2. To enable the organisation to manage fluctuations in income and expenditure. 3. To increase the scope or scale of activities, including developing or promoting the development of new or additional services to disabled people. The Trustees believe that it is prudent to operate with a level of reserves to provide a cushion against short-term threats or unforeseen financial demands. This may include such things as unexpected loss of contract income or unplanned major expenditure. The Trustees, taking into account the nature and size of the business, income and expenditure projections, external guidelines, such as the Charity Commission, and the potential use to which reserves may be put, annually review the appropriate level of reserves. Some areas of the organisation can operate with minimal reserves whilst others, particularly those areas providing residential accommodation, need the security of a far higher level. In the past the Trustees have striven to attain a reserve equivalent to three months general running expenditure. The Board of Trustees review the level of reserves on a bi-monthly basis and take corrective action where necessary. The total funds of the charity are £1,224,083 of which £29,167 are held for restricted purposes and £540,309 have been designated. The designated funds relate to the net book value of assets used for charitable purpose, less any outstanding payments, has been created to show clearly the level of funds dedicated to the holding of these assets. The charity is currently holding free reserves of £646,552 of which £369,740 is held in net current assets. d to equate to approximately £365,000 over the coming year. The trustees are satisfied that the level of reserves is appropriate to the future plans of the organisation. 12 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Investments** ## **Investment Powers** The Memorandum and Articles of Association permit wide, unrestricted powers of investment. The Trustees have power to delegate their investment powers to a financial expert subject to certain conditions set out in the Memorandum and Articles of Association, including delegating investment decisions without reference to the Trustees beforehand. ## **Investment Philosophy** The investment policy states that the primary aim is to achieve growth of the capital and/or income. This will require the application of a proportion of the fund in equity and/or equity related investments balanced by an element of lower risk, stable investments (such as fixed interest securities). It is accepted that there will be periods when the portfolio could fluctuate significantly in value and, in order to achieve our objective, the investment period needs to be of about five years duration. ## **Investment Policy** The Trustees have not requested that the Investment Management Company should vary its ethical investment policy. ## **Gross Income from Investments** The Trustees have no specific income requirement from the investment portfolio; income generated is re-invested into the portfolio. ## **Investment Performance** The value of investments held has increased to £276,812 during the course of the year from £219,563. ## **Fundraising** Income raised through fundraising and general donations in the year was £146,656. We are extremely grateful for the generous donations we have received from our supporters. Our approach is to raise funds ourselves and not to use third parties. The inistered by Harrogate Borough Council and the Two Ridings Foundation. We have received no complaints with regards the lottery. 13 ## **Report of the trustees for the year ending March 2021 (continued)** Our fundraising is limited mainly to grant applications and donations from individuals and corporate supporters. We have an Ethical Fundraising Policy and will only use techniques that we would be happy to be used on ourselves. In doing so we ensure that any fundraising activities carried out by Disability Action Yorkshire will comply with all relevant law i.e.: - Gift Aid Rules - Charities Act 1991 - Charities Act 2011 - General Data Protection Regulation We have received no complaints about fundraising during the year. ## **Pay policy for senior staff** The pay of the chief executive and leadership team are reviewed annually and normally only increased in line with inflation. As with all posts in the organisation, pay is reviewed as and when posts become vacant to ensure that the remuneration is fair and in line with similar roles in other organisations. Remuneration levels take into account: levels of accountability, specialist skills and experience required and responsibility for staff and customers. ## **PEOPLE** At the year-end Disability Action Yorkshire employed an average of 54 staff compared with an average of 52 staff last year. Staff employed hold a variety of skills, qualifications and experience which includes care and support staff, domestic staff, administrators, finance staff, training staff and warehouse staff. The leadership team are all qualified and experienced within their field and continuous personal development ensures that the number and types of qualifications held by all staff is increasing. 14 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Risk Management** The Trustees have a risk management strategy which comprises: - An annual review of the principal risks and uncertainties the charity may face. - The establishment of policies, systems and procedures to mitigate any risks identified in the annual review. - The implementation of procedures designed to minimise or manage any potential impact on the charity should those risks arise. The principal current risk is in regard to our development and diversification plans which could result in a loss of income should decisions be made based on poor information with no financial input and with no project planning. There is also a risk of loss of reputation. This is mitigated by the development of a project plan with key milestones and regular reporting, a full viability and options appraisal, including financial appraisal and a clear consultation process. The Trustees have revised the risk strategy to ensure that the potential risks related to COVID-19 are identified and mitigated wherever possible. The trustees are confident that the proposed changes to the organisation are in line with what our beneficiaries are telling us they want, and need, to enable them to achieve their aspirations and life goals. By not implementing changes to the organisation the trustees would be putting the organisation at greater risk of loss of customers in the longer term. ## **GOING CONCERN** The organisation has extensive cash and other liquid resources and has no requirement for external funding. The Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe that the going concern basis of accounting is appropriate in preparing the annual financial statements ## **AUDITORS** Azets Audit Services Limited were appointed auditor to the charitable company following their acquisition of the trade of Garbutt & Elliott Audit Limited on 1 December 2021. In accordance with s487(2) of the Companies Act 2006 they are deemed reappointed annually. 15 ## **Report of the trustees for the year ending March 2021 (continued)** ## **s responsibility statement** The Trustees (who are also the directors of Disability Action Yorkshire for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees of the charity to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements the trustees are required to: - Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP; Make judgements and estimates that are reasonable and prudent; - Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate financial records that are sufficient to show and explain the charitable transactions and 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. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 16 ## **Report of the trustees for the year ending March 2021 (continued)** ## **Disclosure of information to auditors:** Each of the persons who are Trustees at the time when the Trustees report is approved has confirmed that: - So far as that trustee is aware, there is no relevant audit information of which the comp rs are aware; and - That Trustees has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that auditors are aware of that information. In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was approved by the Trustees on .. and signed on their behalf by: **N Revely** Chair 17 **INDEPENDENT AUDI ORT TO THE MEMBERS OF DISABILITY ACTION YORKSHIRE** ## **Opinion** We have audited the financial statements of Disability Action Yorkshire (the ended 31 March 2021 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements. 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 (United 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 31 March 2021 and of its income and expenditure, 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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the d we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may bility to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. 18 ## **INDEPEN PORT TO THE MEMBERS OF DISABILITY ACTION YORKSHIRE (CONTINUED)** ## **Other information** The Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our n. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Opinions on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of our audit: - the information given in the Trustees' Report, which includes the Director purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the Director ded within the Trustees' 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 Director the Trustees' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or 19 ## **TO THE MEMBERS OF DISABILITY ACTION YORKSHIRE (CONTINUED)** - certain disclosures of Trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of xemptions in preparing the Trustees' report and - from the requirement to prepare a strategic report. ## **Responsibilities of Trustees** As explained more fully in the statement of Trustees' responsibilities, the Trustees, who are also the Directors of the charity for the purpose of company law, 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 misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing ility to continue as a going concern, disclosing, as applicable, matters 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 but to do so. ## **Auditor's responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Coun te at: http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 20 ## **INDEPENDENT AUDI S REPORT TO THE MEMBERS OF DISABILITY ACTION YORKSHIRE (CONTINUED)** ## **Extent to which the audit was considered capable of detecting irregularities, including fraud** We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, through discussion with the directors and other management, and from inspection of the charitable d legal correspondence. We discussed with the trustees and other management the policies and procedures regarding compliance with laws and regulations. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance during the audit. The charitable company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation (including related companies and charities legislation), pensions legislation, taxation legislation and further laws and regulations that could indirectly affect the financial statements, comprising environmental, health and safety and employment legislation, and, in the current climate, Covid 19 regulations. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if any. These procedures did not identify any potentially material actual or suspected non-compliance. To identify risks of material misstatement due to fraud we considered the opportunities and incentives and pressures that may exist within the charitable company to commit fraud. Our risk assessment procedures included: enquiry of trustees and other management to understand the high level policies and procedures in place to prevent and detect fraud, reading Board minutes and considering performance targets and incentive schemes in place for management. We communicated identified fraud risks throughout our team and remained alert to any indications of fraud during the audit. As a result of these procedures we identified the greatest potential for fraud in the following areas: - income recognition and in particular the risk that income is recognised in the wrong reporting period, or that restricted income is incorrectly recognised within unrestricted income; and - subjective accounting estimates Both fraud risks arise due to a potential desire to present weaker results due to an incentive to obtain further funding and public support via donations. As required by auditing standards we also identified and addressed the risk of management override of controls. 21 **INDEPENDENT AUDI TO THE MEMBERS OF DISABILITY ACTION YORKSHIRE (CONTINUED)** We performed the following procedures to address the risks of fraud identified: - identifying and testing high risk journal entries through vouching the entries to supporting documentation; - assessing significant accounting estimates for bias; and - testing the recognition of income and in particular that it was recognised in the correct period and any restrictions recognised. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of fraud, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. Our audit procedures are designed to detect material misstatement. We are not responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations. ## **Use of our report** This report is made solely to the charitable company'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 state to the charitable company's members those matters we are required to state to them in an auditors' 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 charitable company and the charitabl rs as a body, for our audit work, for this report, or for the opinions we have formed. **Laura Masheder (Senior Statutory Auditor) for and on behalf of Azets Audit Services Limited** **Chartered Accountants Statutory Auditor** Triune Court Monks Cross Drive York YO32 9GZ 22 DISABILITY ACTION YORKSHIRE STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNTI Year ended 31 March 2021 Unrestricted Restricted funds funds Total 2021 Total 2020 INCOME FROM: Donations and Legacies 66.460 80,196 146,656 28,108 Charitable Activities 1.232,905 1,232,905 1,312,201 Other Income- Royaltie5 13.058 13,058 22.867 Inveslmenl$ 4.359 4,359 5,521 TOTAL INCOME 1.316.782 80.196 1,396,978 1.368,697 EXPENDITURE ON: Raising Funds Charitable Activiti¢$ 10.392 10,392 17,612 1.392,919 91,609 1,484,528 1.371,685 TOTAL EXPENDITURE 1,403.311 91,609 1,494,920 1,389,297 Net IExp•ndlturelllncomo 86.529 {11.4131 197,9421 120,6001 Losses on revalulion of fixed assets 13 11,250.5071 Gainslllossesl on investments 14 44.766 127,0561 (1,277,563) 44,766 111,2001 NET MOVEMENT IN FUNDS 11,292.270 {38,4691 11,330,739) 131,8001 Balance Brought Forward at 1 April 2020 20 2,487,186 67,636 2,554.822 2.586,622 Balance Carried FopHard at 31 March 2021 20 1,194.916 29.167 1,224,083 2,554,822 The Slalement of Financial Activitie5 includes all gains and losses recognised in the year. All income and expenditure derive from conts"nuing aclivilies. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. A fully detailed Slalemenl of Financial Acitvilies for the year ended 31 March 2020 is shown on note 25 of these financial ststements. 23 DISABILITY ACTION YORKSHIRE BALANCE SHEET 31 March 2021 Company registration number: 03013324 Note 2021 2020 FIXED ASSETS Intangible Assets Tangible Assets Investments 12 13 14 8.055 558,428 276,812 843,295 16,305 1,876,175 219,563 2,112,043 CURRENT ASSETS Debtors Cash at Bank and in Hand 15 124,253 375,554 499,807 211,553 329,682 541,235 CREDITORS: Amounts falling due within one year 16 119,019 98,456 NET CURRENT ASSETS 380.788 442,779 TOTAL NET ASSETS 1,224,083 2,554.822 FUNDS Unreslricled Funds Designated Funds General Funds 17,20 18,20 19,20 540,309 654.607 29,167 1,839,811 647,375 67,636 Reslricled Funds TOTAL FUNDS 1.224,083 2,554,822 The financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating lo small companies. The notes on pages 26 to 44 fomi part of the financial slatements. These financial statements were approved by the trustees on . and signed on behalf of the trustees by- 1411212021 Alison Craggs 24 DISABILITY ACTION YORKSHIRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Net cash provided byl(used in) operations (Nota 241 60.184 (27,1421 Cash flow from investing activities: Investment income Purchase of tangible fixed assets Purchase of investments Proceeds from sale of investments 4,359 (6,188) (70,081) 57.598 5,521 112,3301 11.628 Net cash provlded by Investlng activities (14,312> 4,819 Change In cash and cash equlvalents In the year 45.872 122,3231 Cash and cash equlvalents at beglnnlng of the year 329,682 352,005 Cash and cash equivalents at end of the year 375.554 329,682 25 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consislently throughout the year. a) Charity Infomiation The charitable company is a private company limited by guarantee, which is incorporated and registered in England and Wales {Registered Number 03013324). The address of its registered Offi￿ is.. Unit i4A, Hornbeam Park Oval, Harrogate, HG2 8RB. Each member of the charitable company has undertaken to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or V￿thIn one year after he or she ceases to be member. bl Basis of preparation of Financial Statements The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). (effective from 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1. The financial statements have been prepared under the historical cost convention, modified lo include certain financial instruments at fair value. The principal accounting policies adopted are set OLrt below. c) Going Concern At the time of approving the financial statements. the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Whilst the global economy has been significantly impacted by the COVID-19 virus, the charity still has reserves sufficient to meet its immediate requirements. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 26 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES {continued) d) Income All income is recognised in the statement of financial activities vthen the charity has entitlement to the funds, there is reasonable assuran￿ of receipt and the amount can be measured with sufficient reliability. Where a claim for repayment of income tax has been, or will be, made such income is grossed up for the tax recoverable. The following accounting policies are applied to specific income. Donations and all other receipts from fundraising are reported gross and the related fundraising costs are reported in other expenditure. Grants, including grants for the purchase of fixed assets, are recognised in full in the SOFA in the period in which they are receivable. Investmenl income is accounted for when receivable and includes any related tax that is recoverable. Legacies are accounted for when conditions for the re￿ipl have been met. Material legacies re￿1vable at the year-end are included at their probate value. Legacies are regarded as monies received for investment to provide either fixed assets or additional income for the benefit of present or future generations of disabled people. e) Expenditure Expenditure, which includes attributable VAT which cannot be recovered. is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. f) Allocation of Costs The Charity's costs are allocaled on a direct cosl basis except for Ihe head office administration recharges which relate to staff and rental costs etc. These costs are allocated between the various activities on an annual usage basis. All costs are provided for on an accruals basis. gl Direct Charitable Expenditure Direct charitable expenditure includes all expenditure directly related to the objects of the Charity and comprises of expenditure relating to Hombeam Park, Training Enterprise, Holiday Lodge and 34 Claro Road. Support costs are those costs incurred directly in support of expenditure on the objects of the charity. 27 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES Icontinued) Other Expenditure other expenditure is analysed under the following two sutFheadings-. Fundraising costs represent expenditure in relation to staff members who are engaged diredly in fundraising, and the related Costs of the fundraising department. Governance costs represent expenditure incurred in the management of the Charity's assets, organisational administration and compliance with constitutional and statutory requiremenls. h) Fund Accounting Funds held by the Charity are divided into the followng categories.- Unrèstrictèd General Funds - these are funds that ¢an be used in a¢¢ordan¢e with the charitable objects at the discretion of the trustees. Designated Funds these are funds set aside by the trustees out of unrestricted general funds for specific fulure purposes or projects. Restricled Funds these are funds that can only be used for particular restri￿ed purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Monies received for specific purposes wrthin the general activities of the charity and which have been fully expended during the year are treated as unrestricted funds. Further explanation of the nalure and purpose of each fund is included in the noles to the financial statements. i) Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short- term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. j) Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of tts financial instruments. Financial instrumenls are recognised in the charrty's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assels and liabilities are offset, wllh the nel amounts presented in Ihe financial statements, when there is a legally enfor￿able right to set off the recognised amounls and there is an intention to settle on a net basis or to realise the asset and settle the liability 28 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES Icontinued) Basic financial assets Basic financial assets, which indude debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets Glassified as receivable within one year are not amortised. Impairment of financial assets Financial assets, other than those held at fair value through income and ex￿ndIture, are assessed for indicators of impairment at each reporting date. 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. If an asset is impaired, the impaimient loss is the difference between the carrying amount and the present value of Ihe estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in nel incomel{expenditure) for the year. If there is a decrease in the impaimient loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairmenl not previously been re¢ognised. The impairment reversal is recognised in net Derecognition of financial assets Financial assets are derecognised only vthen the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if 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. 29 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES Icontinued) Basie financial liabilities Basic financial liabilrties. including creditors and bank loans are initially recognised at transaction pri￿ unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable wthin one year are nol amortised. Debt instruments are subsequenUy carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. kl Tangible Fixed Assets Tangible fixed assets costing over £250 are capital as acquired, but those nol brought into use by the year end are not depreciated. Depreciation is charged, in order to spread the cost of the assets over their expected useful lrfe to the Charity, by writing them down to their estimated residual values in equal instalments over the following periods.. Freehold property - 34 Claro Road over 50 years Holiday Lodge over 50 years - Hornbeam Park over the period of the lease over 3 year5 over 5 years over 4 years Leasehold improvements Plant, machinery & equipment - Computers Other Vehicles Tangible fixed assets are shown net of any impaimient losses. Finance costs incurred in the construction of freehold property have also been capitalised. Freehold land is not depreciated. 30 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 1. ACCOUNTING POLICIES Icontinued) l) Intangible Fixed Assets Copyrights are amortised, in order to spread their cost over their expected useful life to the Charity, by writing them down to their estimated residual value in equal instalments over 20 years. Copyrights are valued at probate value when gifted to the Charity. ml Fixed Asset Inveslments Fixed asset investments are included in the financial statements at their market value at the balance sheet dale, and gross investment income is included on a re￿1vable basis. Realised and unrealised gains and losses on investments are disclosed separately in the financial statements. n) Employee benefits The cost of any unused holiday entrtlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charrty Is demonstrably committed to terminate the employment of an employee or to provide termination benefits. o) Pension Costs The Charity contributes to a defined contribution scheme for employees. Contributions paid during the year are charged in the Statement of Financial Activities. pl Taxation Disability Action Yorkshire is a registered charity and as such is a charity within the meaning of schedule 6 of Ihe Finan￿ Act 2010. Accordingly, rt is potentially enlitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising. ql Operating Leases Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against surplus on a straighl line basis over the lease term. 31 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 2. Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experien￿ and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reViev￿￿ on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the peri¢xl of the revision and future periods where Ihe revision affects both Current and future periods. The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below. Key Judgements Flxed ass8t Imp8lrment Claro Road was historically valued on the basis of deprecialed replacement cost, and if it was still recognised on this basis, it would have a cost of £2,126.376 and a nel book value of £1,672,091. As discussed on page 8 of these financial statements, the charity is currently in the process of selling this property, as part of an agreement that will see new accomodalion being buitt for the charity. Subsequently, these financial statements now value this property at £360,000. which is the expected proceeds from sale. 32 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 3. DONATIONS AND LEGACIES 2021 2020 Restricted Donations and Grants NYCC covid 19 funding George Moore Foundation Police and Crime Commissioner Morrisons Foundation National Lottery Community Fund other 46,943 3,800 3,760 3,800 21,893 9,100 50 9,150 80,196 Unrestricted Donations and Grants lan Elliott Charles Sykes Trust Fenton Trust Rotary Club West Riding Masonic Charity Linden Trust HBC Covid 19 Business grant CJRS furlough grant General Donations 4,040 2,500 4,000 1,140 4,000 1,500 1,000 10,000 9,704 5,476 35,720 6,909 14,549 Legacies 30,740 4,409 TOTAL DONATIONS AND LEGACIES 146.656 28,108 The Charity benefits greatly from the involvement and support of its volunteers, delails of which are given in our annual report. In accordance with FRS 102 and the Charities SORP FRS 102, the economic contnbution of general volunteers is not recognised in the financial statements. 33 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANc￿L STATEMENTS Yearended 31 March 2021 COME FROK4CHAnT*8LE ACTMnES F¢rth•yw•nd¢dJ*M•J¢h202* C￿$￿￿81F9•1 Salès tsl FuinI1￿r*(1￿￿GMr￿J kllday Lètbry DBS umor4a Mlseelw￿s .523 2e8.931 1.213.151 8.012 8,012 272275 10.042 1232.￿5 34 c￿T0 Tmknlng Fund CwiDmrF¢¢$ Sal*iof Fur￿1￿￿(1ndGMt Iday DBS Umbwla Trglnlnq 0.337 1.245.K• 910.&37 270 16.05) 1.3122DI v••tm•ntlncrAn• 2121 20 UK LlstthJlnwJJimeni# ShortT•￿ Oepo¥ 4.319 S.S21 e. ¢Q$T¥ OF R*J$INQ FUN 2021 2020 RoyHIIknI Gentr￿ Fundibi￿ Costi Amorty84ih￿ ¢f¢wwi IriawJbknos•ei8 2142 8.2&) io 34 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 7. ExPEN￿TuRE ON CFLARifABLE ACTMMES 34 Cl8ro Rwd Trnimlny HoUd•y Entmiw LLKlgo Fund¥ 2021 For thoyo•1 ende(131 Aloi¢h 2021 Le8$8 4S,765 36.843 1,639 3,300 7.914 7,2 7.849 57.573 IU,209 8$9.159 6.882 33,228 12.003 3.596 S.499 23.704 e37 Postsge and Stationery Adverti$ing TelecOmmun￿bons and IT Regi¥lr*ioD and Sub8CriPtw F8Ots Vehide Cost$ Repairs and Renewal M$intsnance staff CosL8 Other Staff Cost Mi3c8llaneouB Inc. Leg81 Fee$W￿ FL¥vJrw¥no Medi¢81 8nd EQUI￿￿1 D8S UmbrfAla ServKe Insurarta Service Usor Food and Trainirg Warehou5& Cos15 Tr8in88 Co819 Depre•ation 1.392 1.6SO 6.699 3.535 5.314 56.087 14.885 728.872 6.772 247 1.6SO 3,059 2.535 420 3.324 1eo.287 24.151 11.284 739 4.392 23.704 1.107 i.e69 1.669 41.947 1,205,121 38.256 947.398 219.819 10.159 27.747 Support Costs Inom $1 139.704 359.523 13.970 24.129 13.870 278.407 1.484.528 1.059.159 J4 Cl•ro R￿0 Tw•ithltyg Ent•￿￿￿* Hdldty Lody• Fund• 2020 For th•y••r •nd•d31 Al•Kh 2070 Lease Uliliti8$ on¢ COU￿11 Tox P051age and Stalw Advertising Tel8communubon¥ 4n4 IT RegislrDlion and Subgcnption Fe•& V•hi¢le C0818 Repairs And Renthvals Mginlenance staff Costs Other Staff Costs MiscellaDeous Inc. Legal Fee&8￿ Mtdi¢al sup￿*$ 8nd E4uiFwi DBS Umbrdla sor￿Ce In5urarKe Service UsorFood and Tr8ini arehouse Cost5 Trainee Costs D¢p￿(la￿On 43.814 3,814 29.310 25 3,600 S.238 8,345 6.458 47.377 14.600 798.098 30.112 21.222 3.685 3.970 3.180 43.781 11.423 626.777 2B.164 1.358 10.294 1.353 2.571 $43 3.177 171.319 971 18.247 7.a81 7.881 5540 24.212 2.667 4.423 24.212 5.$11 1.067 239469 4S.201 631 461 16.21 24.228 C(Bl$ Ino* 81 104.124 130.155 13.015 13.015 1 371 685 35 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 8. SUPPORT COSTS 2021 2020 Support costs: Staff Costs Other Staff Costs Rent Utilities and Council Tax Insuran Office and Marketing Costs Telecommunications and IT Professional Fees Repairs and Renewals Bank and Investment Fees Maintenan¢e Travel Costs Depreciation Governan￿ (Note 91 Miscellaneous Costs 155,476 1,095 23,332 11,795 2,006 20,883 16,031 9,827 10,424 3,608 3,953 148,650 2,963 21,178 12,736 2,020 8,807 12,686 13,014 6,163 2,706 6,147 135 12,592 8,455 2,057 260,309 4,425 14,591 1,961 279,407 9. GOVERNANCE COSTS 2021 2020 Auditors, Remuneration - Audit Payroll fees Accountancy Fees and Other Servi￿$ Insuran 5,400 3,830 4,200 1,161 4,450 840 1,997 1,168 14,591 8,455 36 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 10. EMPLOYEE INFORMATION 2021 2020 Average number of persons employed (head count) no. no. Head Offi Residential Care Training Enterprise 38 35 12 52 2021 2020 Staff costs durlng the year Salaries Social Security Costs Pension Costs Life Assurance Scheme Health Insurance 935,938 68,844 27,994 7,768 4,091 1,044,635 856,036 62,517 20,267 3,153 4,773 946,746 No employees earned over £60,000 in the year (2020 - no employees). Key management personnel remuneration Key management personnel are considered to be the Chief Executive, and the leadership team, which is made up of four operations managers {2020 - Chief Executive and five operations managers). 2021 2020 Aggregate Salaries Aggregate Social Security Costs Aggregate Pensions Aggregate Health Insurance 168,038 17,762 3.792 5,078 177,990 18,609 4,451 4,774 Total Remuneralion 194,670 205,824 11. TRUSTEE TRANSACTIONS No remuneration or expenses were paid to any of the Trustees during the year (2020 - £nil). There were no other related party transactions during the year. 37 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 12. INTANGIBLE FIXED ASSETS Copyrights Cost As at 1 April 2020 and 31 March 2021 180,150 Amortisation Balance as at 1 April 2020 Charge in the year Balance as at 31 March 2021 163,845 8.250 172,095 N•t Book Valu• As al 31 March 2021 .055 As al 31 March 2020 16.305 13. TANGIBLE FIXED ASSETS Land & Buildings Claro Road & Hollday Lod Plant, Machlnery & Equipm•nt Totsl Cost Balance at 1 April 2020 Additions 2,318,319 $56.SC 2,874,825 6,188 562.694 6,188 2,881.013 Balance at 31 March 2021 2,318.319 Depreclatlon Balance al 1 April 2020 Charge for the Year Impairment Balance at 31 March 2021 478.006 522.644 998.650 35,475 10,897 46,372 1,277.563 1,277.563 2,322,585 1,789,044 533,541 Net Book Value At 31 March 2021 529.275 29.153 558.428 Al 31 March 2020 1.842.313 33.862 1,876.175 Freehold land wrth a net trth>k val￿. 8fter any impaimenls. of £394.950 (2020- £434.950) has not been depre¢i8ted. Claro Road was historically valued on the basis of depreciated cost, and rf it was still recognised on this basis, it would have a cost of £2.126.376 and a net book value of £1,672,091. As discussed on page 8 of these financial slatements, the charity is currently in the process of selling this property, as part of an agreement that will see new accomodation being built for the charity. Subsequenlly, these finanual statements now value this property at £360,000, which is the expected sale proceeds with reference to a professional valu*'on performed in accordance with the requirements of Sectson 114 of the Charities Act 2011. 38 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 14. FIXED ASSET INVESTMENTS 2021 2020 Total Investments Market value al 1 April 2020 Additions bought at cost Disposals Cash difference on net portfolio dealings Change in market value Market Value at 31 March 2021 219,563 230,061 70.081 57,598 12,330 11,628 12,483 44,766 702 {11,200) 276,812 219,563 Historic Cost al 31 March 2021 223,346 210,376 Gainsl{Losses) on Investments 44,766 11,200 Analysis of Investments The investments held at 31 March 2021 fall into the following categories.. 2021 2020 Listed Investments UK - Fixed Interest UK- Managed Funds Tolal Market Value 38,715 180,848 219,563 276,812 276,812 15. DEBTORS 2021 2020 Trade Debtors Prepayments Accrued Income 32,733 26,155 65,365 124,253 131,266 37,293 42,994 211,553 39 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 16. CREDITORS: Amounts falllng due within one year 2021 2020 Trade Creditors Taxation and Social Security Other Creditors Accruals Oeferred In¢ome 14,677 16.729 54,063 32,013 1,537 119,019 38.961 15,384 7,692 30,058 6,361 98.456 Deferred Income.. Deferred Income at 1 April 2020 Income deferred in the year Amounts released from the previous year Deferred Income at 31 March 2021 6.361 16.3611 1.537 1.537 At the balance sheet date the charity was holding funds received in advance of providing services lo customers, which is fully released in the foll¢)wing financial year. 17. DESIGNATED FUNDS Balance at 1 Aprll 2020 Balance at Expendlture 31 March 2021 Income As at 31 March 2021 Fixed A$$et$ Training Enterprise Holiday Lodge 1,675,938 204 163.669 1,839,811 11,296,296) 379.642 204 160.463 540,309 13.2061 1.299,502 The Fixed Assets funds including holiday lodge equates to the net book value of the fixed assets held for use by the Charity less any amounts due for payment, as the Charity would not be able to cary out its charitable actsvilies wthoul them. Balante at 1 April 2019 Balance at Expenditure 31 March 2020 Income As at 31 March 2020 Fixed Assets Training Enterprise Holiday Lodge 1,715,633 204 167,193 139,6951 1,675,938 204 163,669 13,5241 1.883,030 43,219 1.839.811 40 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 18. UNRESTRICTED FREE FUNDS At the balance sheet dale there were free reserves of £646,552 12020 - £631,070) of which £369,740 12020 £411,507} were held as net current assets and the balance held in investments which can be readily encashed. The Board of Trustees will continue lo review the level of reserves held on an annual basis. 19. RESTRICTED FUNOS Balance at 1 Aprll 2020 Income Expendlture Balance at 31 March 2021 AS at 31 Mar¢h 2021 34 Claro Road Training Enterprise Holiday Lodge Generating Funds Inc. LSF Covid-19 funding 29.709 15,605 5,255 17,067 {29.7091 19.6661 12451 110.2091 168.8361 118.665 5,939 5,010 18,218 11.360 68,836 80.196 67.636 29.167 Included wlhin the 34 Claro Road. Training Enlerprise, Holiday Lodge and Generating Funds Inc. LSF reslricled funds are fixed assets with year end values of £nil, £5.939, £5,010 and £6,858 respectively. For these restricted funds, DAY received a contributions towards improvements and additions lo the fixed assets which are subsequently being depreciated. Included within the Generatsng Funds Inc LSF and Covid-19 ￿$tricted fvnds, are amounts received lo wnlribute lo specific activitses within the a¢ts'vilies of the charity, with year end balances of £11,360 and £nil respe¢bvely. Balancg al 1 April 2019 Income Expendituro Balance at 31 March 2020 As at 31 March 2020 34 Claro Road Training Enterprise Holiday Lodge Generating Funds Inc. LSF 36,065 25,492 5,255 22,313 89,125 16,3561 19,8871 29,709 15.605 5,255 17,(￿7 67.636 9,150 9,150 114.3961 30,639 41 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 20. ANALYSIS OF NET ASSETS Unrestricted General Designated Restricted Total As at 31 Mareh 2021 Flxed Assetg Tangible Assets Intangible Assets Investments $40,309 18,119 558.428 8,055 276,812 8.055 276,812 Current Assets 488,759 11,048 499,807 Current Llabllltles 1119,0191 654,607 1119,0191 1,224.083 540,309 29.167 Unrestrl¢t General De8lgnated Restrl¢t Total As at 31 March 2020 Flxed A88et8 Tangible Assets Intangible Assets Investments 1.837,408 38,767 1,876.175 16,305 219,563 16,305 219,563 Currnnt As80ts 509,963 2,403 28,869 541,235 Current Llabllltle8 198.456) 198.4561 647.375 1.839811 67.636 2,554.822 21. MEMBERS The Charitable Company is incorporated under the Companies Act 2006 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the Charitable Company being wound up whilst he or she is still a member or within one year of ceasing lo ￿ a member. 42 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 22. OTHER FINANCIAL COMMITMENTS At 31 March 2021 the Charity had commitrnents in respect of land and buildings as follows.. Non4antellable operatlng leases expirlng: 2021 2020 Minimum lease payments within 12 months Minimum lease payments within ￿ lo five years Minimum lease payments beyond five years 14,000 15,436 14.000 15.436 23. RELATED PARTY TRANSACTIONS There were no related party transactions in the year12020 - no transactsonsl. 24. RECONCILIATION OF NET INCOMEI{EXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2021 2020 Net incomtllexpendlture) for the r8portlng perlod Adjustments for,. Investment income Oeprecialion of tangible fixed assets Amortisalion on intangible fixed assets Impairment of tsngible fixed assets (Gainllloss on investments Oecreasellincreasel in debtors Increaselldecreasel in creditor$ 11,330,739) 131.8001 14,3591 46.372 8.250 1,277,563 144,7661 87,300 20,￿3 15.5211 57,794 9,000 11.200 197,3251 29,510 Net cash provided by/(used in) operating activrfies 60,184 27,142 Ngt dgbt Ouring the current and comparative years, the charity has not held any debt. 43 DISABILITY ACTION YORKSHIRE NOTES TO THE FINANCIAL STATEMENTS Year ended 31 March 2021 25. Comparative Statement of Financial Activities Unrestricted Restricted funds funds Total 2020 INCOME FROM: Donations and Legacies 18.958 9,150 28,108 Charitable Activities 1,312,201 1,312,201 Other income - Royalties 22.867 22,867 Investments 5.521 5,521 TOTAL INCOME 1,359,547 9,150 1,368,697 EXPENDITURE ON: Raising Funds 17,612 17,612 Charitable Activities 1,341,046 30,639 1,371,685 TOTAL EXPENDITURE 1,358.658 30,639 1,389,297 Net IncomellExpendllure) 889 (21,489) 120,600) {Losses) on Investments (11,200) 111,200) NET MOVEMENT IN FUNDS (10,311) (21.489) 131,800) Balance Brought Forward at 1 April 2019 2.497.497 89,125 2,586,622 Balance Carried Forward at 31 March 2020 2,487.186 67.636 2,554,822 44