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2022-03-31-accounts

Charity Registration No. 1053223

Company Registration No. 03141164 (England and Wales)

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD. (A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Sobell Rhodes LLP The Kinetic Centre Theobald Street Elstree Borehamwood Hertfordshire WD6 4PJ

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

P Waller CBE - Chair L Wood - Vice Chair (resigned as Vice Chair 21 Sept 2022) T J Moore - Vice Chair

P McDaid - Treasurer (resigned as Treasurer 1 Apr 2022) M M Young - Treasurer (appointed as Treasurer 1 Apr 2022)

J D R Baruch J Campbell (died 21 Aug 2021) B Dhaliwal Cllr M C Henson (resigned as Trustee 27 Apr 2022) Cllr J Lammiman Cllr S P Mathers (resigned as Trustee 29 Jun 2022) R Neil OBE Cllr S O'Brien (resigned as Trustee 29 Jun 2022) J G Sharp F Patel (elected as Trustee 8 Dec 2021) N Tavender Dr V N Tiwari R Bentley Senior Management Team E Malcolm, Chief Executive N Cunniffe, Joint Head of Client Services R Hemphill, Joint Head of Client Services S Smith, Head of Finance E Winter, Head of Operations M Evans, Joint Clinical Lead B Ford, Joint Clinical Lead Charity number 1053223 Company number 03141164 Principal office The Gables St Marys Road Hemel Hempstead Hertfordshire HP2 5HL Registered office The Gables St Marys Road Hemel Hempstead Hertfordshire HP2 5HL Solicitors Rradar Limited 6 Beacon Way Hull East Yorkshire HU3 4AE

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

LEGAL AND ADMINISTRATIVE INFORMATION

Bankers

Charities Aid Foundation Bank Limited 25 Kings Hill Avenue King Hill West Malling Kent ME19 4JQ Bank of Scotland 33 Old Broad Street London BX2 1LB

Auditors

Butt Miller

Chartered Accountants and Statutory Auditor 92 Park Street Camberley Surrey GU15 3NY

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

CONTENTS

Page
Trustees' report 1 - 6
Statement of Trustees' responsibilities 7
Independent auditor's report 8 - 11
Statement of financial activities 12
Statement of financial position 13
Statement of cash flows 14
Notes to the financial statements 15 - 27

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

Introduction

The Board of Trustees of Relate London North West, Hertfordshire, Mid Thames and Buckinghamshire Ltd ("the charity") presents its annual report and accounts for the year ended 31 March 2022. The Board is satisfied with the performance of the charity during the year and its financial position as at 31 March 2022. The Trustees consider that the charity is well placed to continue its activities during the coming year, and that its assets are adequate to fulfil its obligations.

Name, registered office and constitution of the charity

The charity constitutes a registered company, limited by guarantee, as defined by the Companies Act 2006. The full name of the charitable company is Relate London North West, Hertfordshire, Mid Thames and Buckinghamshire Ltd (The Charity is also known as Relate North Thames and Chilterns). The full name was changed from Relate London North West & Hertfordshire by special resolution on 9th December 2020. The charity was previously known by the names Relate Central Middlesex and Relate London North West

The legal registration details are:-

Date of incorporation: 22 December 1995 Company registration number: 3141164

The Registered Office is (as at 31.03.22): The Gables St. Marys Road Hemel Hempstead HP2 5HL Charity Registration Number 105322 The telephone number is: 0300 003 2324

Structure, Governance and Management

The members of the charity annually appoint Trustees who are also Directors of the company. The Trustees appoint one of their number as a Chair, at least one Vice Chair and a Treasurer. These office bearers form the Executive Committee. The full Board of Trustees meets quarterly and the Executive Committee meets in the intervening months. The Chief Executive is accountable to Trustees at these meetings. The Trustees delegate the day to day running of the charity to the Chief Executive and the management team. Trustees are all volunteers. They are recruited with a view to their relevant skills, knowledge and experience. Harrow and Hillingdon Councils annually nominate Councillors to be co-opted to the Board. None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

All new Trustees receive an induction which includes briefings on finance and safeguarding. Ongoing training for

trustees is overseen by the Trustee recruitment and Development Committee.

The full board of Trustees sets the pay and remuneration of the charity's CEO as its key manager and benchmarks their pay against similar roles in the charitable sector

The charitable company’s current policy concerning the payment of trade creditors is to settle the terms of payment with suppliers when agreeing the terms of each transaction;

ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and pay in accordance with the company's contractual and other legal obligations.

Trade creditors of the company at the year end were equivalent to 34 day's purchases, based on the average daily amount invoiced by suppliers during the year.

Objectives and activities of the charity

A summary of the objectives of the charity as set out in its governing document. In terms of its Memorandum and Articles, the charitable company exists to; -educate the public concerning the benefits of secure and committed relationships;

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

-seek to enhance the good health, both mental and physical, of adults and children;

-provide counselling, mediation, advice, education, guidance and relief to adults and/or children in relation to any aspect of contemporary life or work.

The charity operates in the London Boroughs of Barnet, Brent, Camden, Ealing, Harrow, Hillingdon, Islington and Westminster and across the counties of Hertfordshire, Buckinghamshire and the eastern parts of Berkshire.

The trustees have throughout the year paid regard to the Charity Commission’s guidance on public benefit in dealing with the aims and activities of the charity.

An explanation of the charity's main aims and objectives for the year

The charity's main objective for the year was to promote the objectives set out in its governing document and to provide such further related services that will enhance the range and effectiveness of those objectives.

An explanation of the charity's main strategies for achieving its stated objectives

The charity is a member of the Relate Federation and works within its framework and in accordance with the strategy set out in its own business plan.

Details of significant activities

The company's services are in three main areas:

  1. Counselling - couple counselling, family counselling, adult relationships counselling, psychosexual therapy and counselling for children and young people.

  2. Mediation - family mediation.

  3. Education - courses for individuals.

Relate London North West and Hertfordshire also supports volunteers who run the Uxbridge Child Contact Centre.

The company's grant making policies

The company does not make grants.

Social or programme-related investments

There is no programme related investment.

The contribution of volunteers

The charity has placement student counsellors who work in a voluntary capacity. All Trustees are volunteers. The Uxbridge Child Contact Centre is staffed by volunteers

Summary of main activities of the charity in relation to its objects

On 1st April 2021 the charity merged with its neighbouring Relate centre, Relate Mid Thames & Buckinghamshire (Relate MTB). The merger was effected by Relate MTB transferring its whole undertaking including all its total net assets to the charity. These assets are show as a donation in these accounts of £355,463 (see note 2). Five of Relate MTB’s Trustees had already joined the Board of the Charity.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Until 31st March 2021 the organisation had its principal office in Harrow with another administrative hub in Hemel Hempstead. Until 24th March 2020, it provided services from venues in Barnet, Brent, Camden, Ealing, Hillingdon, Islington, Westminster and across Hertfordshire. As a result of the Covid-19 pandemic the charity moved all its counselling and mediation work to webcam so that practitioners and clients were safe at home. The charity agreed to terminate the lease early on its office in Harrow with its landlord Harrow Council. The registered office of the Charity was transferred to its Hemel office address on 15th January 2021. During 2021/22 most of our counselling and mediation services have continued to be delivered via Zoom. In person session at the Uxbridge Child Contact Centre resumed. In the summer of 2022 some counselling resumed in our offices in Maidenhead.

The services provided focus on relationships at all stages of life and families. These services are;

Adult Relationship counselling

For couples or individuals who experience difficulties in their adult relationships. Clients are seen for initial assessment sessions of one hour. Following on from this they usually attend a series of fifty-minute counselling sessions, typically for 10 weeks.

Family counselling

This is a service for people who wish to attend as a family group. Clients are seen together or separately for sessions of varying lengths, as agreed with the counsellor, to work through issues that are affecting their family and other relationships.

Psychosexual therapy

For individuals or couples for whom the main identified problem is a sexual one. This programme aims to help the individual or couple relearn more satisfying sexual behaviour and to develop a mutual sense of confidence and enjoyment in love-making.

Family mediation

This is for people who are separating or divorcing. Each party attends an initial assessment meeting (MIAM) at which suitability for mediation and eligibility for Legal Aid are assessed. If both agreed to come to a joint session, they are able to talk through issues affecting their children, financial arrangements and property in order to find a mutually acceptable way forward. The charity also offers other conflict resolution services such as neighbourhood, intergenerational and workplace mediation.

Children and Young Peoples counselling

The charity is no longer contracted to provide counsellors in local schools as their budgets have been cut in recent years. Young people experiencing a range of difficulties including bereavement and depression may contact us directly for free individual counselling from our specialist counsellors. Usually family counselling is also appropriate.

Education and training services

Relate's Counselling Skills for Non counsellors course was previously offered free to eligible people with the assistance of a grant from Harrow Council. This grant was not available to the charity in 2020/21. The course was delivered once during 2021/22 via Zoom.

The charitable company acts in accordance with its business plan, which is reviewed by the Executive Committee and Board of Trustees on a regular basis.

Achievements and Performance of the Charity

A review of charitable activities and main achievements undertaken by the charity revealed the following performance highlights over the course of the year:

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Counselling

Supporting Children

Mediation

-Family mediation 360 (2020/21: 350) new referrals were received.

Mediation Information and Advice (Assessment) Meetings (MIAM) - a total of 427 (2020/21: 432) referrals were received. This includes 9 housing MIAMs.

Education and training services

Relate's Counselling Skills for Non counsellors course was previously offered free to eligible people with the assistance of a grant from Harrow Council. This grant was not available to the charity in 2020/21.

The one day Introduction to Counselling Skills course was delivered 4 times during 21/22 via zoom. This included two sessions for Victims First, one session for SILVA and one session which included a variety of organisations

Training

Training has provided opportunities for 52 (66 in 2020/21) people, through 24 (72 in 2020/21) training hours to develop counselling skills through our one day Introduction to Counselling Skills course An extensive CPD programme was run on Zoom and an in person conference for practitioners, staff and Trustee. The CPD programme provided subjects such as: ‘The Place of Forgiveness’ ‘Working with Anger & Rage’ ‘Sexual Pain’ ‘Working with bereavement’. Training also provided three Mental Health Awareness workshops.

Fundraising activities

Charges are made for the provision of counselling and psychosexual therapy services based on the clients' income and their ability to pay. Only two of the twenty seven local authorities in our territory (8 boroughs, 10 Herts councils, 6 in Buckinghamshire and 3 in Berkshire i.e. Dacorum and Hillingdon) provided grants, which partially assisted the charitable company to provide services to those clients who could not afford to pay either all or part of the charge.

Family mediation is funded by the Legal Services Commission in the case of clients who are eligible for public funding and by private clients according to incomes.

The charity’s counsellors explain to all clients that the basic cost of each session is £75. Applying a sliding scale, counselling clients who have a household income of more than £40,000 are invited to contribute more than the base cost. 20-25% of our clients donate more than £75 in order to support the charity. This allows us to provide financial support to about a quarter of the charities clients who cannot afford the full cost of a session.

Client contributions

All clients pay their contributions by credit/debit card or bank transfer.

The Executive Committee has conducted its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks, as far as it practicable. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed by the Trustees to ensure that they will meet the needs of the charity.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Relationships with other groups, Charities and individuals

The charity works closely with other members of the Relate Federation and with related government agencies, charities and local community groups.

Financial Review

The Trustees regularly review the risks facing the Charity. The principal strategic risks identified during the year are;

-Loss of the Relate brand (including reduction or Loss of the Relate website listing of Relate LNWHMTB venues which attracts self-referral clients)

-Loss of the use of Relate National services and systems (including reduction or loss of support from Relate national for telephone and case management systems)

-Financial underperformance due to not meeting income forecasts (including the loss of grant and contract income)

The charity has taken action to monitor, mitigate and actively managing these strategic risks. Trustees have also considered the reliability of income and the extent to which expenditure is committed.

Steps taken to establish the level of reserves:

Based on the recommendations of a Subcommittee chaired by the Treasurer which reviewed the combined reserves after the merger of Relate LNWH and Relate MTB on 1st April 2021, the Board of Trustees adopted the following approach.

The Board consider that reserves required to provide:

  1. Working capital to ensure operating liquidity

  2. Resilience against risks such as

2.1 loss of services and support of Relate National through insolvency

2.2 economic downturn in our communities resulting from events like Brexit and the Covid 19 pandemic and the cost of living crisis related to the war in Ukraine.

2.3 Impact Project funds for:

2.3.1 Greater impact in line with our charitable purposes

2.3.2 Improved experiences for our clients

The charity operates online accounts with two banks (CAFBank and Barclays). Our finance team will aim to ensure that the balance held with either bank does not exceed £85,000 in line with the limit of the Financial Services Compensation Scheme.

Trustees consider that an unrestricted reserve of 4 months of expenditure is required to be invested. The Charity’s Budgeted expenditure for 2022-2023 is approximately £1,242,000. 4 months of budgeted expenditure is £414,000.

Restricted funds from grants, contracts, consortiums and previous mergers require to be held separately.

Trustees agreed that the current reserves are allocated as follows:

Working Capital £170,000
Resilience against risk £414,000
Restricted funds for grants and contracts (as budgeted) £135,000

The investment policy and objectives, including the extent (if any) to which social, environmental or ethical considerations are taken into account

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Trustees have agreed that invested funds should aim for steady growth and sensible income based on a moderate to medium risk appetite.

For funds exceeding the required reserves, the Charity's management will present to Trustees costed proposals for projects that will provide:

In Q3 and Q4 of 2022/23 Trustees have agreed in principle to invest in improved Information Technology.

How and when the reserves policy will be reviewed: The reserves policy is reviewed annually and the risk register is reviewed quarterly.

Availability and adequacy of assets of each of the funds.

The financial statements are set out on pages 12 to 27. They 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. As stated in the introduction to this report, the Trustees consider the financial performance by the charity during the year to have been satisfactory.

The Statement of Financial Activities shows net inflow of resources for the year of a revenue nature of £563,538 (2020/2021 inflow: £258,843) and no realised resources of a capital nature, making a net overall addition in resources of £563,538 (2020/2021: £258,843).

The total reserves at the year end stand at £1,248,600 (2020/2021: £685,062) of which £112,845 are restricted. (2020/2021: £101,783).

A majority of the expenditure is spent on salaries, for practitioners (counsellors, mediators and trainers), management and administration staff.

Specific changes to fixed assets

The additions to fixed assets are computer and other office equipment costing £14,396 (2020/2021: - £1,197).

Share capital

The company is limited by guarantee and therefore has no share capital.

Plans for future periods

In future periods the charity intends to continue to provide existing service in an accessible and sustainable way. A forward plan for the period 2020-2023 was prepared and approved by the Trustees. A new plan will be prepared for 2023-2026. It is likely that most of our staff will continue to work from home and that the charities counselling and mediation services will be offered primarily by way of webcam (‘Zoom first’).

Business Plans and budgets are prepared annually. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The Trustees' report was approved by the Board and signed on its behalf by: P Waller

.......................................................................................

Chair

Dated: .........................

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2022

The trustees (who are also the directors of Relate London North West and Hertfordshire for the purpose of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, they are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the trustees of the charity on ..................................and signed on its behalf by:

.................................................................. P Waller, Chair

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

Opinion

We have audited the financial statements of Relate London North West, Hertfordshire, Mid Thames and Buckinghamshire Ltd. (the ‘charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Statement of Financial Position, Statement of Cash Flows and the notes to the Financial Statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

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 charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and 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 cast significant doubt on the charitable company’s ability 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit: - the information given in the Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

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 Report of the Independent Auditors thereon.

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 this gives rise to a material misstatement in the financial statements themselves. 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.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes 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 the charitable company's ability 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 a Report of the Independent Auditors 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.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

Our procedures to respond to risks identified included the following:

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

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 charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Susan Ambrose FCCA FCA (Senior Statutory Auditor) for and on behalf of Butt Miller Chartered Accountants Statutory Auditor

25/11/2022

.........................

92 Park Street Camberley Surrey GU15 3NY

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
Restricted
funds
funds
2022
2022
£
£
Income and endowments from:
Donations and legacies
2
389,140
-
Charitable activities
3
1,265,167
96,000
Investments
4
18,997
-
Other trading actvities
5,640
-
Other income
5
14,070
-
Total income
1,693,014
96,000
Expenditure on:
Charitable activities
6
1,165,114
84,938
Net gains/(losses) on
investments
12
24,576
-
Net movement in funds
552,476
11,062
Fund balances at 1 April
2021
583,279
101,783
Fund balances at 31
March 2022
1,135,755
112,845		 Total
Unrestricted
funds
2022
2021
£
£
389,140
27,046
1,361,167
1,036,713
18,997
2,361
5,640
-
14,070
115,106
1,789,014
1,181,226
1,250,052
921,721
24,576
-
563,538
259,505
685,062
323,774
1,248,600
583,279		 Restricted
funds
2021
£
-
83,000
-
-
-
83,000
83,662
-
(662)
102,445
101,783		 Total
2021
£
27,046
1,119,713
2,361
-
115,106
1,264,226
1,005,383
-
258,843
426,219
685,062

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2022

Notes
Fixed assets
Property, plant and equipment
13
Investments
14
Current assets
Trade and other receivables
15
Cash at bank and in hand
Current liabilities
16
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
18
Unrestricted funds		 2022
£
£
21,945
1,042,363
1,064,308
95,789
240,352
336,141
(151,849)
184,292
1,248,600
112,845
1,135,755
1,248,600		 2021
£
£
8,223
-
8,223
79,163
728,931
808,094
(131,255)
676,839
685,062
101,783
583,279
685,062		 2021
£
£
8,223
-
8,223
79,163
728,931
808,094
(131,255)
676,839
685,062
101,783
583,279
685,062
8,223
676,839
685,062
101,783
583,279
685,062

The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on .........................

.............................. P Waller, Chair

Company Registration No. 03141164

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2022

2022
Notes
£
£
Cash flows from operating activities
Cash generated from operations
22
160,929
Investing activities
Purchase of property, plant and equipment
(14,396)
Purchase of investments
(678,096)
Investment income received
18,997
Net cash (used in)/generated from
investing activities
(673,495)
Donation from MTB
23,987
Net cash generated from/(used in)
financing activities
23,987
Net (decrease)/increase in cash and cash
equivalents
(488,579)
Cash and cash equivalents at beginning of year
728,931
Cash and cash equivalents at end of year
240,352		 2021
£
(1,197)
-
2,361
-		 £
255,977
1,164
-
257,141
471,790
728,931

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

Charity information

The charity is a private limited company, limited by guarantee incorporated in England and Wales.

The address of its registered office is: The Gables St. Marys Road, Hemel Hempstead HP2 5HL

The principal place of business is: The Gables St. Marys Road, Hemel Hempstead HP2 5HL

1.1 Accounting convention

The financial statements of the charitable company, which is a public benefit entity under FRS 102 have been prepared in accordance with 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) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The presentation currency of the financial statements is the Pound Sterling (£).

1.2 Going concern

The trustees have undertaken an assessment of the viability of the charity for a period of 12 months from the date of approval of these financial statements and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Income and endowements funds

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. Amounts received in advance relating to the following year are deferred until the criteria for income recognition are met. For counselling and mediation services, income is recognised when the appointment occurs or when the conditions of any third-party agreements are met. For education courses, income is recognised when the training course takes place.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and the settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fullfiled in the reporting period.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant are yet to be met, the income is recognised as a liability and included on the Statement of Financial Position as deferred income to be released.

Investment income

Investment income is included in the accounts when receivable. Investment gains and losses includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value.

Rental income

Rental income is accounted for on a receivable basis, net of value added tax.

Volunteers and donation of service

Donated services and facilities are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

The value of any services provided by volunteers are not incorporated into these financial statements. Further details of any contributions can be found in the trustees report.

1.4 Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of the resources, with central staff costs allocated on the basis of the time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of the staff costs.

Charitable activities

Charitable expenditure comprises these costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity costs categories on a basis consistent with the use of resources, for example, allocating property costs by the floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

1.5 Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

1.6 Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements Over the period of lease Furniture and equipment 2-5 years over the life of the asset Cabling and CCTV 8 years over the life of the asset

1.7 Non-current investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8 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.

Trade Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least 12 months after the reporting date, they are presented as non-current liabilities.

1.9 Financial instruments

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

(Continued)

1.10 Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. see note 18 for further details of the restricted funds in the financial statement.

1.13 Pension

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.

1.14 Operating lease

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

2 Donations and legacies

Unrestricted Unrestricted
funds funds
2022 2021
£ £
Donations and gifts 21,677 11,546
Government grants 12,000 15,500
Donation from Relate Mid Thames and Buckinghamshire 355,463 -
389,140 27,046

The donation from Relate Mid Thames and Buckinghamshire represents the transfer of undertaking to the charity on 1st April 2021. See note 21 for more details.

During the period consultancy worth £20,000 was provided by Lane4 via the form of a workshop to the board and management with a further £20,000 committed in 2022/23, again to be delivered via a workshop.

Office space has been rented from Dacorum Borough Council for £250 peppercorn rent per annum until 2028 and from the Royal Borough of Windsor and Maidenhead for £1 peppercorn rent per annum until 2028. On the basis that the value of the use of these facilities cannot be reliably determined, no income and equivalent expense have been recognised in the Statement of Financial Activities.

3 Charitable activities

Charitable
Income
Charitable
Income
2022
2021
£
£
Income from charitable activities
1,361,167
1,119,713
Analysis by fund
Unrestricted funds
1,265,167
1,036,713
Restricted funds
96,000
83,000
1,361,167
1,119,713		 Charitable
Income
Charitable
Income
2022
2021
£
£
Income from charitable activities
1,361,167
1,119,713
Analysis by fund
Unrestricted funds
1,265,167
1,036,713
Restricted funds
96,000
83,000
1,361,167
1,119,713		 Charitable
Income
Charitable
Income
2022
2021
£
£
Income from charitable activities
1,361,167
1,119,713
Analysis by fund
Unrestricted funds
1,265,167
1,036,713
Restricted funds
96,000
83,000
1,361,167
1,119,713
2022
£
1,361,167
1,265,167
96,000
1,361,167		 2021
£
1,119,713
1,036,713
83,000
1,119,713

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

4
Investments
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Other investment income
18,967
-
Interest receivable
30
2,361
18,997
2,361
5
Other income
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Furlough government support
14,070
115,106
6
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2022
2021
£
£
Share of support costs
1,238,652
991,062
Share of governance costs
11,400
14,321
1,250,052
1,005,383
Analysis by fund
Unrestricted funds
1,165,114
921,721
Restricted funds
84,938
83,662
1,250,052
1,005,383		 4
Investments
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Other investment income
18,967
-
Interest receivable
30
2,361
18,997
2,361
5
Other income
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Furlough government support
14,070
115,106
6
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2022
2021
£
£
Share of support costs
1,238,652
991,062
Share of governance costs
11,400
14,321
1,250,052
1,005,383
Analysis by fund
Unrestricted funds
1,165,114
921,721
Restricted funds
84,938
83,662
1,250,052
1,005,383		 4
Investments
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Other investment income
18,967
-
Interest receivable
30
2,361
18,997
2,361
5
Other income
Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
Furlough government support
14,070
115,106
6
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2022
2021
£
£
Share of support costs
1,238,652
991,062
Share of governance costs
11,400
14,321
1,250,052
1,005,383
Analysis by fund
Unrestricted funds
1,165,114
921,721
Restricted funds
84,938
83,662
1,250,052
1,005,383
2022
£
1,238,652
11,400
1,250,052
1,165,114
84,938
1,250,052		 2021
£
991,062
14,321
1,005,383
921,721
83,662
1,005,383

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

7
Support costs
Staff costs
Depreciation
Supervision, counselling
and mediation expenses
Legal, consulting and
professional fees
Membership and
subscriptions
Advertising
Printing, postage and
stationery
Insurance
Rent and rates
Bank charges and
interest
Telephone
Other support costs
Audit fees
Analysed between
Charitable activities
8
Auditor's remuneration		 Support
costs
Governance
costs
£
£
994,832
-
8,644
-
104,774
-
72,486
-
637
-
296
-
3,204
-
5,395
-
3,986
-
19,110
-
4,359
-
20,931
-
-
11,400
1,238,652
11,400
1,238,652
11,400		 2022Support costs Governance
costs
£
£
£
994,832
800,007
-
8,644
5,080
-
104,774
73,857
-
72,486
31,065
-
637
918
-
296
865
-
3,204
701
-
5,395
3,709
-
3,986
31,807
-
19,110
16,507
-
4,359
7,270
-
20,931
19,276
-
11,400
-
14,321
1,250,052
991,062
14,321
1,250,052
991,062
14,321		 2021
£
800,007
5,080
73,857
31,065
918
865
701
3,709
31,807
16,507
7,270
19,276
14,321
1,005,383
1,005,383
The analysis of auditor's remuneration is as follows:
Fees payable to the charitable company's auditor and associates:
Audit of the charitable company's annual accounts
9
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Depreciation of fixed assets		 2022
£
6,750
2022
£
8,644		 2021
£
9,500
2021
£
5,080

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

10 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charitable company during the year.

In addition, no trustees were reimbursed for any expenses during the year

11 Employees

The average monthly number of employees during the year was:

2022
Number
79
Employment costs
2022
£
Wages and salaries
918,255
Social security costs
54,946
Other pension costs
21,631
994,832
The number of employees whose annual remuneration was £60,000 or more
were:
2022
Number
Band £60,000 - £69,999
1
12
Net gains/(losses) on investments
Unrestricted
funds
2022
£
Revaluation of investments
24,576		 2021
Number
57
2021
£
746,843
38,298
14,866
800,007
2021
Number
-
Total
2021
£
-

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

13 Property, plant and equipment

Leasehold
improvements
Furniture
and
equipment
£
£
Cost
At 1 April 2021
-
139,878
Additions
-
14,396
Business combinations
19,886
33,967
At 31 March 2022
19,886
188,241
Depreciation and impairment
At 1 April 2021
-
131,655
Depreciation charged in the year
-
8,644
Business combinations
19,886
25,997
At 31 March 2022
19,886
166,296
Carrying amount
At 31 March 2022
-
21,945
At 31 March 2021
-
8,223		 Total
£
139,878
14,396
53,853
208,127
131,655
8,644
45,883
186,182
21,945
8,223

14 Fixed asset investments

Other
investment
£
Cost or valuation
At 1 April 2021 -
Additions 678,096
Valuation changes 24,576
Business combinations 339,691
At 31 March 2022 1,042,363
Carrying amount
At 31 March 2022 1,042,363
At 31 March 2021 -

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

14 Fixed asset investments

(Continued)

The investments represent holdings managed by CCLA Investment Management in the following funds:

£
COIF Charities Investments Fund 38,834.26 units 756,239
COIF Charities Property Fund 186,836.70 units 242,365
Depsoit Account 43,759
Total 1,042,363

15 Trade and other receivables

Amounts falling due within one year:
Trade receivables
Prepayments and accrued income
Current liabilities
Other taxation and social security
Trade payables
Accruals and deferred income		 2022
£
39,498
56,291
95,789
2022
£
17,642
30,983
103,224
151,849		 2021
£
37,248
41,915
79,163
2021
£
16,272
49,865
65,118
131,255

16 Current liabilities

Deferred income comprises amounts received in advance of appointments or where conditions of agreements have not yet been wholly met. It is included within accruals and deferred income.

Deferred Income
2022 (£) 2021 (£)
Balance at beginning of the year 49,878 53,060
Amount released to income in the year (39,878) (53,060)
Amount deferred in the year 62,973 49,878
Balance at end of year 72,973 49,878

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

17 Operating lease commitments

At the reporting end date the charitable company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
In over five years
Funds
Balance at
1 April 2020
£
Unrestricted
funds
General
323,774
Restricted
funds
102,445
426,219
Restricted fund breakdown
Balance at
1 April 2020
£
Dacorum
102,445
AVDC
Bursary
Eric Young
donation
Total
102,445		 Movement in funds
Incoming
resources
Resources
expended
Balance at
1 April 2021
£
£
£
1,181,226
(921,721)
583,279
83,000
(83,662)
101,783
1,264,226
(1,005,383)
685,062
Movement in funds
Incoming
resources
Resources
expended
Balance at
1 April 2021
£
£
£
83,000
(83,662)
(83,662)
-
-
83,000
(83,662)
(83,662)		 2022
£
910
1,000
250
2,160
Movement in funds
Incoming
resources
Resources
expended
31
£
£
1,697,590
(1,145,114)
96,000
(84,938)
1,793,590
(1,230,052)
Movement in funds
Incoming
resources
Resources
expended
31
£
£
83,000
(84,285)
8,000
5,000
(653)
96,000
(84,938)		 2021
£
910
1,660
500
3,070
Balance at
March 2022
£
1,135,755
112,845
1,248,600
Balance at
March 2022
£
100,498
8,000
4,347
112,845

18 Funds

The Dacorum contract represents an agreement with Dacorum borough council to provide services to residents within it's area.

As part of the Dacorum contract the charity received amounts totalling £34,932 (2021: £34,930) on behalf of Mediation Hertfordshire which was paid to them in quarterly payments during the year.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

18 Funds (Continued)

The other items represent grants and donations received for specific purposes which has not yet been fully spent. (Counselling and court mediation)

19
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2022
2022
£
£
Fund balances at 31
March 2022 are
represented by:
Property, plant and
equipment
21,945
-
Investments
1,042,363
-
Current assets/(liabilities)
71,447
112,845
1,135,755
112,845		 Total
Unrestricted
funds
2022
2021
£
£
21,945
8,223
1,042,363
-
184,292
575,056
1,248,600
583,279		 Restricted
funds
2021
£
-
-
101,783
101,783		 Total
2021
£
8,223
-
676,839
685,062

20 Analysis of net funds

As at 1 April Cash flowAs at 31 March Cash flowAs at 31 March
2021 2022
£ £ £
Cash at bank and in hand 728,931 (488,579) 240,352
Net debt 728,931 (488,579) 240,352

21 Merger

There was a Merger which took place on 1st April 2021 in terms of a Merger Agreement between the Trustees for Relate Mid Thames and Buckinghamshire (Relate MTB) and Trustees of Relate LNWHMTB (the charity). The whole assets and undertakings of Relate MTB were transferred to the charity. All contracts of employment were transferred under the TUPE regulations, leases were novated, capital balances transferred and investments transferred to be the name of the charity. Five of the Trustees of Relate MTB joined the Board of the charity.

RELATE LONDON NORTH WEST, HERTFORDSHIRE, MID THAMES AND BUCKINGHAMSHIRE LTD.

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2022

22
Cash generated from operations
2022
£
Surplus for the year
563,538
Adjustments for:
Investment income recognised in statement of financial activities
(18,997)
Fair value gains and losses on investments
(24,576)
Donation from MTB
(355,463)
Depreciation and impairment of property, plant and equipment
8,644
Movements in working capital:
Decrease/(increase) in trade and other receivables
8,810
(Decrease)/increase in trade and other payables
(21,027)
Cash generated from operations
160,929		 2021
£
258,843
(2,361)
-
-
5,080
(21,685)
16,100
255,977