OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

paae
Report ofthe Trustees 1 to 6
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash flow Statement 10
Notes tothe Cash Flow Statement
Notes tothe Rnanclal Statements 12 to 22
Detailed Statement ofFinancial Activities 23 to 24

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Note» E E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
31,601 31,701 30,124
Charitable
activities
Benefit for the community by advancemeni of
education, the protection ofhealth and relief of
poverty, sickness and distress. 283,645 757,491 696,110
Other trading activities 8,691
Investment
Income
1,131 1131 447
Other income 1,519 1,519 479
Totai 317,896 473,946 791,842 73S,851
EXPENDITURE ON
Raising funds 8,643 10,598 19,241 24,132
Charitable
activities
Benefit for the community by advancement of
education, the protection ofhealth and relof of
poverty, sickness and distress. 292,390 400,536 692,926 697,219
Total 301,033 411,134 712,167 721,351
NET INCOME 16,863 62,812 79,675 14,500
Transfers between funds 20 4,279 (4,279)
Net movement
in funds
21,142 58,533 79,675 14,500
RECONCIUATION
OF FUNDS
Total funds brought ferwanl 188,039 51,774 239,813 225,313
TOTAL FUND5 CARRIED FORWARD 209,181 110,307 319.488 239,813

2D21 2020
Notes 6 E
FIXEDASSETS
Tangible assets 14 15,495 19,552
Investments 15 1
15,495 19,553
CURRENT ASSETS
Debtors 16 65,711 83,293
Cash at bank and in hand 270,313 188,564
336,024 271,857
CREDITORS
Amounts
falling due within one year
17 (32,031) (51,597)
NET CURRENT ASSETS 303,993 220,260
TOTAL ASSETSLESSCURRENT UABILITIES 319,488 239,813
NETASSETS 319,488 239,813
FUNDS 20
unrestncted
funds
209,182 18S,039
Restricted funds 110,306 51,774
TOTALFUNDS 319,488 239,813
2021 2020
Notes E E
Cash flows from operating actlWtles
Cash generated
from operahons
84,554 25,643
Finance costs paid (68) (58)
Net cash provided
by operating
activities
25,585
Cash flows from Investing activities
Purchase oftangible
lwed
assets (4,519) (5,198)
Net cash used in investing artivities (4,519) (5,198)
Cash flows from financing activities
New loans in year 1,782
Net cash provided
by financing
activities
1,782
Change in cash and cash equivalents In the
reporting period 81,749 20,387
Cash and cash equivalents atthe beginning of
the reporting
period
188,564 168,177
Cash and cash equivalents atthe end ofthe
reporting period 270,313 188,564

RECONCILIAT ION
O
FNE T INC OME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
E f
Net income forthe reporting purled (as per the Statement ofFinancial Activities) 79,675 14.500
Adjustments for:
Depredation charges 8,576 8,809
Lass on disposal of fixed assets 1 2,151
Finance mats 68 58
Decrease/(increase) in debtors 17,582 (18,986)
(Decrease)/increase in creditors (21,348) 19,111
Net cash provided by aperations 84,554 25,643
ANALYSIS OF CHANGES IN NEf FUNDS
At 1.4.20 Cash flaw At31.3,21
E 6 5
Net cash
Cash at bank and In hand 188,564 81,749 270,313
188,564 81,749 270,313
Debt
Debts fa ging due within 1year (1,782) (1,782)
(1,782) (1,782)
188,564 79,967 268,531

7021 2020
Unrestricted Restricted Total Total
funds funds funds funds
E E f
Donations 24,960 100 25,060 24,112
Subscrlptlons 1,641 1,641 1,012
Donated services and faclgtles 5,000 5,000 5,000
31,601 31,701 30,124
OTHER TRADING ACTIVITIES
2021. 2020
Unrestdcted Restricted Total Total
fundsf fundsf funds
f
funds
f
Fundraising
events
976
Contracts
and fees
7,715
8,691
INVESTMENT INCOME
2021 2020
Unrestdcted Restricted Total Total
funds funds funds funds
f E E E
Investmentinterest 1,131 1,131 447
'INCOME FROM CHARITABLE ACfRROES
2021 2020
Activity f f
Benefit far the community by advancement of
education, the protection of health and regef of
Grants poverty, sickness and distress. 7577I91 696,11D
Grants received, Included Inthe abave, are as follows:
2021 2020
f f
Isle ofWight Council 288,569 165,750
Help and Care in partnership with Ile alt hwatch IOW 12,145 12,144
BigLottery Fund 65,764 126,294
Citizens Advice Hampshire 25,370 13,968
Age UK IsleafWight 37,135
Chizens Advice 125,668 100,321
Isle Help CIC 87,161
HM Revenue
and Customs
85,837 88,000
Universal
Support
68,883 65,337
Integrated
Care Partnership
70,000
Carried forward 742,236 696,110
Isle ofWight Council
Help and Care in partnership with Ile alt hwatch IOW
BigLottery Fund
Citizens Advice Hampshire
Age UK IsleafWight
Chizens Advice
Isle Help CIC
HM Revenue
and Customs
Universal
Support
Integrated
Care Partnership
Carried forward

2021f 2020
F.
Brought forward 742,236 696,110
Isorropia 1,350
National
Lottery Community
Fund 5,972
Vincl Foundation 2,500
Sovereign
Housing
Assodation 3,500
Other grants 1,933
757,491 696,110
RAISING FUNDS
Raising donations and (egacles
2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
f f f f
Subcontractors 501
Fun dra ising events costs 556
V/ages 8,643 10,598 19,241 23,075
8,643 10,598 19,241 24,132
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
Direct )see note costs )see
Costs 8)
E
note 9)
f
Totals
f
Benefit for the community by advancement
ofeducation, the protection ofhealth and
relief ofpoverty, sickness and distress. 562,728 117,168 13,030 692,926
GRANTS PAYABLE
2021 2020
f.
Benelit for the community by advancement ofeducation, the protection of health
and relief of poverty, sickness and distress. 117,168 98,696
The total grants paid to institutions during the year wes as follows:
2D21 2020
f
Age UK Isle ofWight 4S,156 43,644
Law Centre 3,000 12,000
The Footprint Trust 4,750 5,000
People Matter (IW) 38,500 30,000
Isle ofWight Food Bank 6,000 6,000
97/06 96,644

SUPPDRT COSTS
Governance
Other costs Totals
f E 6
Benefit forthe community by advancement of
education, the protection ofhealth and regef of
poverty, sickness and distress. 10,371 2,659 13,030
NET INCOEIIE/(EXPENDflURE)
Net Income/(expenditure) Is stated after charging/(crediting).
2021 2020
f 6
Independent
examiners fee's - examination
301 301
Depreciation
-owned assets
8,576 8,809
Deficit on disposal offixed assets 1 2,151
Independent
examiners fee's - accountancy
11,765 11,178

Unrestricted Bestnctad Total
ferris funds funds
6 6 6
INCOME AND ENDOWMENTS FROM)
Donations and legades 30,058 66 30,124
Charitable activldes
Benefit for the community by advancement of
education, the protection ofhealth and relief of
poverty, sickness and distress. 262,857 433,253 696,110
Other trading activities 8,691 8,691
investment Income 447 447
Other income 479 479

Unrestricted Restricted Total
funds funds funds
E E 6
Total 302,532 433,319 735,851
EXPENDITURE ON
Raising funds 23,663 469 24,132
Cherhable
activiues
Benefit Forthe community by advancement of
education, the protection ofhealth and regef of
poverty, sickness and distress. 275,951 421,268 697,219
Total 299,614 421,737 721,351
NET INCOME 2,918 11,582 14,500
Transfers between funds (2,356) 2,356
Net movement
in
funds 562 13,938 14,500
RECONCIUATION OF FUNDS
Total funds brought fwward 187,480 37,833 225,313
TOTAL FUNDS CARRIED FORWARD 188,042 51,771 239,813
14, TANGIBLE FIXEDASSETS
Fktures
and
fittings
6
COST
At 1Andri 2020 51,186
Additions 4,519
At31March 2021 55,705
DEPRECIATION
At 1Aprg 2020 31,634
Charge foryear 8,576
At31March 2021 40,210
NET BOOK VALUE
At31March 2021 15,495
At31March 2020 19,552
15. FIXEDASSETINVESTMENT S
Llngsted
investments
E
COST
At 1April 2020
Dlsposals
NET BOOKVALVE
At31March 2021
At 31March 2020
16. DEBTORS:AMOUNTS FAILING DUE WITHIN ONE YEAR
2021 2020
f f
Trade debtors 61,049 80,708
Other debtors 25
Prepayments
and accrued
income 4,662 2,560
65,711 83,293
17. CREDITORS: AMOUNTS FALVNG DUE WITHIN ONE YEAR
2021 2020
t
Other loans (see note 18( 1,782
Trade creditors 4,867 7,879
Social security and other taxes 7519 7,658
Accrued expenses 17,863 36,060
32,031 51,597
18, LOANS
An analysis ofthe maturity of loans isgiven below:
2021 2020
E 6
Amounts
falling due within
one year on demand:
Otherloans 1,782
ANALYSIS OF NE T ASSETSBEl'W EEN FUNDS
2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
6 E E E
Fixed assets 15,495 15,495 19,552
Investments 1
Current assets 225,718 110,306 336,024 271,857
Current liabilities (32,031) (32,031) (51,597)
209,182 110,306 319,488 239,813
MDVEMENTIN FUNDS
Net Transfers
movement between At
At 1.4.20 In funds funds 31.3.21
E E E 6
Unrestricted
funds
General Advice 62,137 17,483 7,133 86,753
Macmigan
Outreach
6,350 1123 (539) 6,934
Contingency
Reserve
100,000 100,000
Fixed asset fund 19,552 (4,D57) 15,495
Mental Health (1,742) 1,742
188,039 16,864 4,279 2D9,1&2
Restricted funds
Healthwatch
IOW
213 223
Money Advice Services 4,940 4,940
Dirertory efServkes 3,093 (3,093)
HMRC Tax Advice Line 34,060 (2,921) (1,1&el 29,953
BigLottery Fund - Help Through Crisis 8,702 51,125 59,827
Help to Claim 5,919 5,060 10,979
Home and Well 4,394 4 394
51,774 62,811 (4,279) 110,3D6
TOTAL FUNDS 239,813 79,675 319,488

Incoming Resources Movement
resoiumes expended in funds
f f f
Unrestrlcmd funds
General Advice 305,980 (288,497) 17,483
Macmillan Outreach 1D,566 (9,443) 1,123
Mental Health 1,350 (3,092) (1,742)
317,896 (302,032) 16,864
Restricted funds
Healthwatch IOW 12,146 (11,933) 213.
Money Advice Services 106,368 (101,428) 4,94D
HMRC Tax Advice Line 85,837 (88,758) (2,921)
8(g Lottery Fund - Help Through Cdise 188,797 l137,672) 51,125
Help to Claim 68,884 (63,824) 5,060
Home and Well 11,914 (7,52D) 4,394
473,946 l(411135) 62,811
TOTAL FUNDS 791,842 (712,167) 79,675

Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.20
f f f f
Unmstdcted
funds
General Advice 62,166 2,210 (2,239) 62,137
Macmillan
Outreach
(2,190) 8,540 6,350
Local Assistance Scheme 2,895 (2,895)
Contingency
Reserve
10D,000 100,0DD
Fixed asset fund 25,314 (5,762 ) 19,552
187,480 2,915 (2,356) 188,039
Restricted funds
Healthwatch
IOW
(113) 113
Money Advice services (2,429) 2,429
Directory ofServices 652 2,441 3093
HMRC Tax Advice Line 33,821 239 34,060
Dig Lottery Fund - Help Through Crisis 404 8,298 8,702
flelp to Claim 2,956 3,149 (186) 5,919
37,833 11,585 2,356 51.,774
TOTAL FUNDS 225,313 14,500 239,813

Comparative
net movement
in funds, included in the above are as follows,
Incoming Resources Movement
I'csoiii'ces
6
expended
f
in funds
Umestricted
funds
General Advice 226,067 (223,857) 2,210
Macmillan Outreach 13,965 (16,155) (2,190)
Local Assistance Scheme 62,500 (59.605) 2,895
302,532 (299,617) 2,915
Restricted funds
Healthwatch
tOW
12,144 (12,257) (113)
Money Advice Services 104,343 (106,772) (2,429)
Directory ofSenrices 37,202 (34,761) 2,441
HMRC Tax Advice Line 88,001 (87,762) 239
BigLottery Fund - Help Through Crisis 126,294 (117,996) 9,298
Help to Claim 65,335 (62,186) 3,149
433,319 (421,734) 11,585
TOTALFUNDS 735,851 (721,351) 14,500
Funds
Macmillan
Outreach

2021 2D20
Unmstricted Restricted Total Total
funds funds funds funds
f f f f
INCOME AND ENDOWMENTS
Donations and legades
Donations 24,960 100 75,060 24,112
Subscrlptions 1,641 1,641 1,012
Donated services and facilities 5,000 5,000 5,000
31,601 100 31,701 30,124
Other trading actMties
Fundraising
events
976
Contracts and fees 7,715
8,691
Investment
income
Investmentlnterest 1131 1,131
Charitable
activities
Grants 283,645 473,846 757,491 696,110
Other Interne
Other Income 1,519 1,519 479
Total Incoming resources 317,896 473,946 791,842 735,851
EXPENDITURE
Raising donations and legacies
Subcontractors 501
Fun draising events casts 556
Wages 8,643 10,598 19,241 23,075
8,643 10598 19,241 24,132
Charitable activities
Wages 176,175 277,366 453,541 446,589
Rent, rates and insurance 9,845 12,066 21,911 26,027
Housing solicitor 20,620 20,620 21,71D
Light and heat 860 1,026 1,886 498
Telephone 7,355 2,072 9,427 7,981
Postage and stationery 1,896 1.837 3733 10,21D
Advertising 595 329 924 3239
Sundries 1,560 1,086 2,646 3,886
Carded forward 218,906 295,782 514,688 52D,140
2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
6 E 6 E
Charitable actMties
Brought forward 218,906 295,782 514,688 520,140
Training
and recruitment
669 SBB 1,255 7,440
Travel, attendance
and outreach
2,220 6,120 8,340 12,944
Reference materials and subscriptions 4,476 5,930 10,406 n,tq7
ITequipment
end support
7,168 7,608 14,776 9,069
Cleaning, repairs and maintenance 2,071 2,547 4,618 3,474
Depreciation 8,576 8,576 8,809
Loss on sale ofIntangible Exed assets 1 1
Loss on sale oftangible fixed assets 2,151
Bank charges and other Interest 3D 38 68 58
Grants to Institutions 42,156 55,250 97,4D6 96,644
Grantstolndividuels 19,762 19,762 2,052
286,273 393,623 679,896 671,978
Support costs
Other
Professional fees 655 309 964 13,641
Bookkeeping,
payroll and management
accounts 4,263 5,144 9,407 9,000
4,918 5,453 10,371 22,641
Governance
costs
Independent
exammers
fee's . examination 136 165 301 301
Accountancy fees 1,062 1,296 2,358 2,299
1,198 2,659 2,600
Totalresources
expended
301,032 411,135 712.167 721,351
Net Income 16,864 62,811 79,675 1,4,500