REGISTERED COMPANY NUMBER: 03054740 (England and Wales) REGISTERED CHARITY NUMBER: 1046402
Report of the Trustees and
Financial Statements
for the Year Ended 31 August 2020
for
Tameside Link
Warr & Co Limited Chartered Accountants 76 Manchester Road Denton Manchester M34 3PS
Tameside Link
Contents of the Financial Statements for the Year Ended 31 August 2020
| Page | |
|---|---|
| Report of the trustees | 1 to 4 |
| Independent examiner's report | 5 to 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 to 9 |
| Notes to the financial statements | 10 to 15 |
Tameside Link (Registered number: 03054740)
Report of the Trustees for the Year Ended 31 August 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2020. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
Objectives and activities
Objectives and aims
The Company's aim is to provide a high quality person-centred supported living service that is individualised, flexible and tailored to meet the needs of people with learning disability and their carers within the Tameside area, where the aim is to maximise opportunities for social inclusion, allow individuals to express their life chosen level of independence.
We aim to foster an atmosphere of care and support which both enables and encourages those we support to live as full, interesting and independent lifestyle as possible with the scope and duration of our service provision being kept to a minimum, in line with the agreed plan of care.
The objectives are:
- To build services around individuals
· To consult and involve these individuals at all times
· To act as an enabling organisation in partnership with families, friends,advocates,statutory and non-statutory bodies.
· To promote the dignity of individuals and be supportive in enabling individuals to exercise choice and rights
· To challenge discrimination and uphold the rights and civil liberties of each person supported
· To provide a safe environment whereby peoples development may flourish
· Ensure that activities (education, housekeeping, leisure and work) are shared with others in the local community and that the resources and support of the community are enlisted
· Employ staff that respect and value the people they support and who have skills to support individuals sensitively
· Support staff by providing regular training and ensuring rigorous and comprehensive policies and procedures are in place
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
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Tameside Link (Registered number: 03054740)
Report of the Trustees for the Year Ended 31 August 2020
Achievement and performance
Charitable activities to deliver public benefit
The principle activity in which Tameside Link is involved in is the supply of support workers to individuals in their own homes. The services provided are for adults with learning difficulties who live in the Tameside area where the prime focus is the provision of support to enable them to continue living as independently a life as possible. The support provided by Tameside Link is undertaken to further our charitable purposes for the public benefit.
Personal care includes assistance with:
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Washing or bathing
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Oral care
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Dressing and undressing
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Personal hygiene
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Medication
Practical tasks include:
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Assisting with shopping
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Budgeting and financial matters
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Help with menu planning and preparation
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Help with domestic tasks and laundry
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Help to participate in leisure and social activities both in the local area and wider area if so desired
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Help in maintaining existing work or day centre placements
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Support individuals to maintain their religious and cultural beliefs
Internal and external factors
At our monthly meetings, the trustees receive reports on all our clients. We continue to train our staff to various NVQ levels with the aim to improve the quality of the service we provide.
Financial review
Investment policy and objectives
The trustees investment powers are governed by the Memorandum and Articles of Association. The policy is to maintain income whilst preserving the value of investments.
Reserves policy
The trustees have formulated a policy to ensure that the unrestricted funds are at a level which equates to approximately three months unrestricted expenditure. This will provide sufficient funds to cover ongoing costs and respond to emergencies which arise from time to time. During the current year, the reserves are below the required levels and the Trustees are monitoring the position on an ongoing basis.
Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Future plans
Future developments are restricted due to financial constraints and the trustees have agreed to focus on the day to day activities until they are in a less restricted financial position. This will then enable them to review and address future developments.
Page 2
Tameside Link (Registered number: 03054740)
Report of the Trustees for the Year Ended 31 August 2020
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The company was incorporated in 1995 and is constituted by its Memorandum and Articles of Association.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purpose of the charity law and are also known as Executive Committee Members. The Executive Committee Members are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting.
Organisational structure
The company is governed by its Trustees who meet on a monthly basis. It is the responsibility of the Trustees to formulate the strategy and policies for the company, including entering into arrangements with Tameside Metropolitan Borough Council and housing associations to provide supported accommodation for the clients concerned.
Induction and training of new trustees
The trustees are already familiar with work and needs of the charity. However the charity encourages additional training via a local voluntary support organisation, T3SC.
Wider network
Tameside Link works in partnership with various external organisations including Tameside Metropolitan Borough Council, St. Vincent's Housing Association, Irwell Valley Housing Association, Symphony Housing Association and Advance Housing Association.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Reference and administrative details
Registered Company number
03054740 (England and Wales)
Registered Charity number
1046402
Registered office
76 Manchester Road Denton Manchester M34 3PS
Trustees
C M Etchells Director A Megyery Lecturer Mrs M B Lux Director (appointed 1.7.20)
Page 3
Tameside Link (Registered number: 03054740)
Report of the Trustees for the Year Ended 31 August 2020
Reference and administrative details Independent Examiner Warr & Co Limited Chartered Accountants 76 Manchester Road Denton Manchester M34 3PS
Chief Executive Officer C Etchells
Approved by order of the board of trustees on 25 August 2021 and signed on its behalf by:
C M Etchells - Trustee
Page 4
Independent Examiner's Report to the Trustees of Tameside Link
Independent examiner's report to the trustees of Tameside Link ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Page 5
Independent Examiner's Report to the Trustees of Tameside Link
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of The Association of Chartered Certified Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
N J Joyce The Association of Chartered Certified Accountants Warr & Co Limited Chartered Accountants 76 Manchester Road Denton Manchester M34 3PS
25 August 2021
Page 6
Tameside Link
Statement of Financial Activities
for the Year Ended 31 August 2020
| 31.8.20 Unrestricted fund Notes £ Income and endowments from Charitable activities 3 Provision of support 776,380 Investment income 2 15 Total 776,395 Expenditure on Charitable activities 4 Provision of support 699,518 Other 6,588 Total 706,106 NET INCOME/(EXPENDITURE) 70,289 Reconciliation of funds Total funds brought forward 66,708 Total funds carried forward 136,997 |
31.8.19 Total funds £ 610,961 17 610,978 629,755 7,200 636,955 (25,977) 92,685 66,708 |
|---|---|
The notes form part of these financial statements
Page 7
Tameside Link (Registered number: 03054740)
Balance Sheet
31 August 2020
| 31.8.20 Unrestricted fund Notes £ Fixed assets Tangible assets 9 20,228 Current assets Debtors 10 174,348 Cash at bank and in hand 45,490 219,838 Creditors Amounts falling due within one year 11 (103,069) Net current assets 116,769 Total assets less current liabilities 136,997 NET ASSETS/(LIABILITIES) 136,997 Funds 12 Unrestricted funds 136,997 Total funds 136,997 |
31.8.19 Total funds £ 26,356 73,080 51,226 124,306 (83,954) 40,352 66,708 66,708 66,708 66,708 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Tameside Link (Registered number: 03054740)
Balance Sheet - continued
31 August 2020
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 25 August 2021 and were signed on its behalf by:
C M Etchells - Trustee
A Megyery - Trustee
The notes form part of these financial statements
Page 9
Tameside Link
Notes to the Financial Statements
for the Year Ended 31 August 2020
1. Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance costs
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practise.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance Motor vehicles - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
continued...
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Tameside Link
Notes to the Financial Statements - continued for the Year Ended 31 August 2020
1. Accounting policies - continued
Fund accounting
Restricted funds 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 each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. Investment income
| Deposit account interest 3. Income from charitable activities Activity Individual service contracts Provision of support Direct payment Provision of support |
31.8.20 £ 15 31.8.20 £ 289,943 486,437 776,380 |
31.8.19 £ 17 31.8.19 £ 278,234 332,727 |
|---|---|---|
| 610,961 |
4. Charitable activities costs
| Support | |||
|---|---|---|---|
| Direct | costs (see | ||
| Costs | note 5) | Totals | |
| £ | £ | £ | |
| Provision of support | 699,310 | 208 | 699,518 |
continued...
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Tameside Link
Notes to the Financial Statements - continued
for the Year Ended 31 August 2020
| 5. | Support costs | |||
|---|---|---|---|---|
| Governance | ||||
| Finance | costs | Totals | ||
| £ | £ | £ | ||
| Other resources expended | - | 6,588 | 6,588 | |
| Provision of support | 208 | - | 208 | |
| 208 | 6,588 | 6,796 | ||
| 6. | Net income/(expenditure) | |||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| 31.8.20 | 31.8.19 | |||
| £ | £ | |||
| Audit-related assurance services | 1,440 | 1,680 | ||
| Depreciation - owned assets | 6,128 | 8,072 | ||
| 7. | Trustees' remuneration and benefits | |||
| 31.8.20 | 31.8.19 | |||
| £ | £ | |||
| Trustees' salaries | 65,429 | 64,429 | ||
| Trustees' social security | 7,816 | 7,700 | ||
| 73,245 | 72,129 | |||
| One of the trustees received remuneration from employment with the charity. |
Trustees' expenses
Telephone expenses of £660 (2019: £660) were payable to one of the trustees.
continued...
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Tameside Link
Notes to the Financial Statements - continued
for the Year Ended 31 August 2020
8. Staff costs
| Staff costs | ||||
|---|---|---|---|---|
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Management Support staff |
31.8.20 £ 595,201 44,649 9,949 649,799 31.8.20 1 28 29 |
31.8.19 £ 536,860 39,761 6,911 |
||
| 583,532 | ||||
| 31.8.19 1 25 26 |
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
| £60,001 - £70,000 Tangible fixed assets Cost At 1 September 2019 and 31 August 2020 Depreciation At 1 September 2019 Charge for year At 31 August 2020 Net book value At 31 August 2020 At 31 August 2019 |
Fixtures and fittings £ 10,863 6,253 692 6,945 3,918 4,610 |
31.8.20 1 Motor vehicles £ 28,995 7,249 5,436 12,685 16,310 21,746 |
31.8.19 1 Totals £ 39,858 |
|---|---|---|---|
| 13,502 6,128 |
|||
| 19,630 | |||
| 20,228 | |||
| 26,356 |
9. Tangible fixed assets
continued...
Page 13
Tameside Link
Notes to the Financial Statements - continued
for the Year Ended 31 August 2020
| 10. Debtors: amounts falling due within one year Other debtors Prepayments and accrued income 11. Creditors: amounts falling due within one year Social security and other taxes Other creditors Accrued expenses 12. Movement in funds Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.9.19 £ 66,708 66,708 Incoming resources £ 776,395 776,395 |
31.8.20 31.8.19 £ £ 540 360 173,808 72,720 174,348 73,080 31.8.20 31.8.19 £ £ 35,057 29,232 23,953 15,281 44,059 39,441 103,069 83,954 Net movement At in funds 31.8.20 £ £ 70,289 136,997 70,289 136,997 Resources Movement expended in funds £ £ (706,106) 70,289 (706,106) 70,289 |
|---|---|---|
continued...
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Tameside Link
Notes to the Financial Statements - continued for the Year Ended 31 August 2020
12. Movement in funds - continued
Comparatives for movement in funds
| At 1.9.18 £ Unrestricted funds General fund 92,685 TOTAL FUNDS 92,685 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 610,978 TOTAL FUNDS 610,978 |
Net movement At in funds 31.8.19 £ £ (25,977) 66,708 (25,977) 66,708 Resources Movement expended in funds £ £ (636,955) (25,977) (636,955) (25,977) |
|---|---|
13. Related party disclosures
With the exception of trustees remuneration and expenses no other related party transactions were reported for the year ended 31 August 2020.
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