REGISTERED COMPANY NUMBER: 03208772 (England and Wales) REGISTERED CHARITY NUMBER: 1056441
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2021
for
Somerset and Wessex Eating Disorders Association
Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BA5 2PQ
Somerset and Wessex Eating Disorders Association
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |||
|---|---|---|---|
| Report of theTrustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | to | 7 |
| Statement ofFinancial Activities | 8 | ||
| Balance Sheet | 9 | to | 10 |
| Notes to the Financial Statements | 11 | to | 21] |
| DetailedStatementofFinancialActivities | 22 | to | 24 |
Somerset and Wessex Eating Disorders Association
Report of the Trustees for the Year Ended 31 March 2021
The Directors, who are also the Trustees, present their report, together with the financial statements of the Company, for the year ended 31 March 2021. The financial statements comply with current statutory requirements and the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005).
OBJECTIVES AND ACTIVITIES
Objectives and principal activities
The objects and principal activities of the Company are to provide services, facilities and training for the relief of those suffering from or affected by eating disorders.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Company's aims and objectives and in planning future activities.
ACHIEVEMENT AND PERFORMANCE
Review of activities and future developments
The quality of care for our clients has always been at the heart of SWEDA's activities, and this policy has remained as the keystone of our activities during the year under review. This year required some changes as the organisation responded to the pandemic. Unable to deliver face to face support, the SWEDA team quickly pivoted to providing our services online. We continued our invaluable counselling and support work on the phone and via video. We brought in new services for those waiting to be seen, and regular check-ins for clients who simply neededa little extra support during these unprecedented times. Demand for SWEDA services continues. There was 122% increase over the previous year recorded in the number of Support and Guidance sessions delivered. There has also been a substantial increase in the delivery of counselling with a 21% increase in the number of counselling hours offered along with a 13% increase in counselling clients we have supported.
The growth of fundraising income continues as our part-time fundraiser works to diversify our income streams. We were delighted that The National Lottery Community Fund has unusually agreed a further five years grant funding from April 2021. This clearly demonstrates the high regard SWEDA is held in. During the course of this financial year SWEDA has continued to operate from its premises in Shepton Mallet, from where we have operated since 2015. These premises are still satisfactory for our current and projected needs and we see no looming need for moving to alternative premises.
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Somerset and Wessex Eating Disorders Association
Report of the Trustees for the Year Ended 31 March 2021
ACHIEVEMENT AND PERFORMANCE
Financial review
The 2020-21 year has been successful for SWEDA and has seen a steady growth for the demand in services and in funding allowing reserve funds to further secure our sustainability, planned development and growth to meet increasing demand. Our reserves policy is stated below.
Throughout the 2020-21 financial year SWEDA's normal activity was impacted by repeated UK national lockdowns due to the global Covid-19 pandemic. SWEDA was able to respond rapidly to the need to provide on-going support to existing clients, and to take on new clients, working from home and implementing new policies and systems to ensure security of the new working practices. These new practices have become embedded and form part of ongoing service delivery, providing greater reach and flexibility.
The demand for SWEDA's services continues to increase significantly with Somerset having been successful (alongside 12 other authorities) in piloting a Mental Health Transformation Programme in Somerset, bringing together statutory services and the voluntary and community sector to provide joined up services for people affected by mental health issues in Somerset. As part of this SWEDA increased the number of its Support workers who are based in the community supporting clients in addition to, two further projects working alongside NHS Eating Disorders Service.
FINANCIAL REVIEW
Investment policy
SWEDA's trustees believe that the most appropriate policy for investing funds during these uncertain times is through a number of specialised bank accounts in the "Not for Profit" sector. Although interest rates continue to decline this decision is principally driven by the need at all times to have access to short-term funds in cash, and to ensure the security of cash reserves.
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Somerset and Wessex Eating Disorders Association
Report of the Trustees
for the Year Ended 31 March 2021
FINANCIAL REVIEW
Reserves policy
The Board of Trustees reviews reserves annually to ensure that there are sufficient funds to maintain the charity's financial stability and ongoing development. With the current uncertainty of charitable funding and the dynamic climate that SWEDA is operating within due to Covid-19, the Trustees' reserves policy is to aim to hold unrestricted reserves of 9-12 months’ unrestricted expenditure.
Of the unrestricted reserves, last year Trustees elected to designate £40k as a strategic development fund of which £10k was invested in digital fundraising, £7k in needs analysis, monitoring and evaluation for our Impact reporting and additional £3k in management & leadership training. Our strategic plan for sustainability and growth includes additional expenditure on fundraising, infrastructure and training with a further £50k designated from reserves in 2022/23 for this purpose.
This policy was informed by the following factors
!) There is continuing uncertainty about the extent and speed of the UK's economic recovery. SWEDA's success in negotiating grants from Charitable Trusts is contingent on a continued recovery in the Stock Market, whilst our Investment Income will remain depressed until UK Interest Rates increase to more realistic levels in relation to inflation. 2) SWEDA's income comprises a relatively small number of relatively large transactions (principally substantial grants from voluntary sources). Thus significant time would be needed to secure replacement funding, should any of these grants lapse.
3) It is impractical to establish specific reserve cover for Restricted Funds. Unrestricted reserves will therefore need to be high enough to permit continued funding of projects financed from Restricted Funds until such time as specific replacement funding for them has been secured.
4) SWEDA normally has a number of new projects at outline stage or under development or awaiting funding. In the event that free reserves approach 12 months cover it will be a straightforward matter to accelerate one or more of these "projects in waiting" and bring them on stream, funded from reserves, which are surplus to immediate requirements.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documents
The Company is limited by guarantee (Company number 03208772) and is therefore governed by a Memorandum and Articles of Association. The Company is also a registered charity, number 1056441.
Trustees appointment of trustees
Trustees are invited and approved (or otherwise) by existing Trustees, who then co-opt new member(s) during the year. This appointment is then approved (or otherwise) by the Members at the Annual General Meeting. No outside body can appoint Trustees. There is no time limit for continuous service by trustees, but one third of the Board resigns and is subject to re-election (if desired) at each Annual General Meeting.
Organisational structure
Day to day administration and agreed development work are in the hands of the managers. A team of unpaid volunteers is central to the provision of services in SWEDA and this will continue to be true. However, in the light of SWEDA's growth four Sub-Committees have been formed, each containing two trustees and one senior member of staff, tasked with making recommendations to the board regarding Finance and Income Generation, Remuneration, Clinical, Quality & Governance. Now bedded in, this has enabled SWEDA to reduce the frequency of full trustee meetings to six per annum as of January 2020.
Page 3
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Somerset and Wessex Eating Disorders Association
Report of the Trustees for the Year Ended 31 March 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Membership of the charity
A policy has been established, whereby Trustees and Senior Managers of SWEDA automatically become members of the charity upon appointment. Such membership lapses as soon as individuals cease to be Trustees or Senior Managers of the charity.
Risk review
The Trustees identify the major risks to which the Charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operational finances of the Charity. The Trustees then review any major risks, which have been identified, and establish systems to mitigate those risks. The Charity is satisfied that the systems are in place to minimise their exposure to the major risks, which have been so identified and reviewed.
1, FINANCIAL The Charity is open to the usual financial risks of any organisation, and the Charity has introduced controls to minimise these risks, such as two authorities being required for payments from the bank account.
2. OTHER
Working with vulnerable people is open to risks. All paid staff and volunteers undergo training and receive supervision prior to contact with clients. The majority of work with clients takes place on SWEDA premises, where confidential one to one counselling is considered most appropriate and systems are in place to ensure the safety of both the client and the worker.
All new workers have two references which are followed up before appointment, along with DBS checks. Any problems or concerns are discussed and resolved before appointment is taken up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03208772 (England and Wales)
Registered Charity number 1056441
Registered office St Lawrence Lodge 37 Chamberlain Street Wells Somerset BAS 2PQ
Page 4
Somerset and Wessex Eating Disorders Association
Report of the Trustees for the Year Ended 31 March 2021
Trustees Ms Sarah Hall Brian Roberts-Wray (resigned 24.11.20) Nicholas Hooper Mrs Marcia Cumper (resigned 15.7.20) Richard Cussell Ms Barbara Ann Clift Ms Penelope Anne Underwood (appointed 29.4.20) Sarah Brennan (appointed 15.7.20) Dr Emily Matheson (appointed 15.7.20)
Independent Examiner Probusiness Ltd St Lawrence Lodge 37 Chamberlain Street Wells Somerset BAS 2PQ
Approved by order of the board of trustees on 25 November 2021 and signed on its behalf by:
----- Start of picture text -----
Sarah Brennan - Trustee
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Independent Examiner's Report to the Trustees of Somerset and Wessex Eating Disorders Association
Independent examiner's report to the trustees of Somerset and Wessex Eating Disorders Association (‘the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
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.
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Independent Examiner's Report to the Trustees of Somerset and Wessex Eating Disorders Association
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member ofa listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England & Wales 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:
-
1, accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
2s the accounts do not accord with those records; or 3: 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
-
= 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,
Martin J Bowe Probusiness Ltd St Lawrence Lodge
37 Chamberlain Street Wells Somerset BAS 2PQ
Date: 25 November 2021
Page 7
Somerset and Wessex Eating Disorders Association
Statement of Financial Activities for the Year Ended 31 March 2021
|||||We
||31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|INCOME AND ENDOWMENTS FROM||||||
|Donationsand legacies||39,304|2,908|42,212|37,030|
|Charitable activities||||||
|Supervision and complimentary therapy||||||
|income||34,678|.|34,678|18,831|
|Grants receivable||208,401|180,158|388,559|163,416|
|Other trading activities|2|6,855|-|6,855|22,378|
|Investment income|3|190|-|190|259|
|Total||289,428|183,066|472,494|241,914|
|EXPENDITURE ON||||||
|Charitable activities||||||
|General Activity||115,908|171,975|287,883|171,984|
|NET INCOME||173,520|11,091|184,611|69,930|
|Transfers between funds|11|16,682|(16,682)|-|-|
|Netmovement in funds||190,202|(5,591)|184,611|69,930|
|RECONCILIATION OF FUNDS||||||
|Total funds brought forward||124,860|53,348|178,208|108,278|
|TOTALFUNDSCARRIEDFORWARD||315,062|47,757|362,819|178,208|
The notes form part of these financial statements
Page 8
Somerset and Wessex Eating Disorders Association
Balance Sheet 31 March 2021
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Notes | Unrestricted funds £ |
Restricted funds £ |
Total funds £ |
Total funds £ |
|
| FIXED ASSETS | |||||
| Tangible assets | 8 | 11,717 | - | LL27 | #212 |
| CURRENT ASSETS | |||||
| Debtors | 9 | 25,427 | - | 25,427 | 30,980 |
| Cash at bankandinhand | 327,544 | 47,757 | 375,301 | 183,218 | |
| 352,971 | 47,757 | 400,728 | 214,198 | ||
| CREDITORS | |||||
| Amounts falling due withinone year | 10 | (49,626) | - | (49,626) | (43,202) |
| NETCURRENTASSETS | 303,345 | 47,757 | 351,102 | 170,996 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 315,062 | 47,757 | 362,819 | 178,208 | |
| NETASSETS | 315,062 | 47,757 | 362,819 | 178,208 | |
| FUNDS | 11 | ||||
| Unrestricted funds | 315,062 | 124,860 | |||
| Restricted funds | 47,757 | $3,348 | |||
| TOTALFUNDS | 362,819 | 178,208 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(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
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Somerset and Wessex Eating Disorders Association
Balance Sheet - continued 31 March 2021
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 November 2021 and were signed on its behalf by:
Sarah Brennan - Trustee
Sarah Hall - Trustee
The notes form part of these financial statements
Page 10
Somerset and Wessex Eating Disorders
Association
Notes to the Financial Statements for the Year Ended 31 March 2021
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.
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.
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 Computer equipment - 33% on cost
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.
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.
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Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2 OTHER TRADING ACTIVITIES
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|||||||
|---|---|---|---|---|---|
|31,3°21|31.3.20|
|£|£|
|Fundraising|events|5,545|6,229|
|Activities|for|generating|funds|1,310|16,149|
|6,855|22,378|
|3:|INVESTMENT|INCOME|
|31.3.21|31.3.20|
|£|£|
|Investment|income|190|259|
|4.|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|31.3:21|31.3.20|
|£|£|
|Depreciation|- owned|assets|5,762|2,898|
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- TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
- STAFF COSTS
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|31.3.21|31.03.20|
|The|average|monthly number|of employees|during|the|year|was:-|6.38|3.96|
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The number of employees to whom retirement benefits were accruing under defined contribution schemes was 9 (2020: 5).
No employee earned £60,000 or more.
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Association
Somerset and Wessex Eating Disorders
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| TV, | COMPARATIVES FORTHESTATEMENTOFFINANCIAL ACTIVITIES | COMPARATIVES FORTHESTATEMENTOFFINANCIAL ACTIVITIES | COMPARATIVES FORTHESTATEMENTOFFINANCIAL ACTIVITIES | |
|---|---|---|---|---|
| Unrestricted | _Restricted | Total | ||
| funds | funds | funds | ||
| £ | £ | £ | ||
| INCOME ANDENDOWMENTS FROM | ||||
| Donations and legacies | 37,031 | (1) | 37,030 | |
| Charitable activities | ||||
| Supervision and complimentary therapy | ||||
| mcome | 18,831 | - | 18,831 | |
| Grants receivable | 33;333 | 130,083 | 163,416 | |
| Other trading activities | 22,378 | - | 22,378 | |
| Investment income | 259 | - | 259 | |
| Total | 111,832 | 130,082 | 241,914 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| General Activity | 50,207 | 121997 | 171,984 | |
| NET INCOME | 61,625 | 8,305 | 69,930 | |
| Transfers between funds | (40,000) | 40,000 | : | |
| Net movement in funds | 21,625 | 48,305 | 69,930 | |
| RECONCILIATION OFFUNDS | ||||
| Total funds brought forward | 103,238 | 5,040 | 108,278 | |
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 124,863 | 53,345 | 178,208 |
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Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 8. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2020 | 6,435 | 25,266 | 31,701 | |
| Additions | 2,253 | 8,014 | 10,267 | |
| At 31 March 2021 | 8,688 | 33,280 | 41,968 | |
| DEPRECIATION | ||||
| At 1 April 2020 | 1,876 | 22,613 | 24,489 | |
| Charge foryear | 1,022 | 4,740 | 5,762 | |
| At 31 March 2021 | 2,898 | 21353 | 30,251 | |
| NETBOOK VALUE | ||||
| At 31 March 2021 | 5,790 | 5,927 | 11,717 | |
| At 31 March 2020 | 4,559 | 2,653 | 7,212 | |
| 9, | DEBTORS: AMOUNTSFALLING DUE WITHINONE YEAR | |||
| 313,21 | 31.3.20 | |||
| £ | £ | |||
| Trade debtors | 25,374 | 30,931 | ||
| Otherdebtors | 53 | 49 | ||
| 25,427 | 30,980 |
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- CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Othercreditors | 4,312 | 1,828 | |||
| Accruals and deferred income | 45,314 | 41,374 | |||
| 49,626 | 43,202 | ||||
| 11. | MOVEMENT IN FUNDS | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.20 | infunds | funds | 513,21 | ||
| £ | £ | & | £ | ||
| Unrestricted funds | |||||
| General fund | 117,427 | 56,913 | 13,733 | 188,073 | |
| Somerset Community Foundation | 4,166 | 10,000 | - | 14,166 | |
| Lloyds Bank Foundation | 3,267 | 11,260 | - | 14,527 | |
| Bramble Trust | - | 5,000 | - | 5,000 | |
| NHS EDTeam (Contract) | - | 22,565 | - | 22,565 | |
| Capacity& attendance | - | 306 | - | 306 | |
| Covid 19 response | = | 20,000 | - | 20,000 | |
| Locallity setup costs | - | £0,000 | - | 10,000 | |
| Specialistworkstream | . | 37,476 | (3,733) | 33,743 | |
| NHS Recovery Support | - | - | 6,682 | 6,682 | |
| 124,860 | 173,520 | 16,682 | 315,062 | ||
| Restricted funds | |||||
| GeneralFund | - | (6,533) | 6,533 | - | |
| IT Fund | 5,000 | - | - | 5,000 | |
| NHS Recovery Support Group | 6,682 | - | (6,682) | - | |
| SCF Tampon Tax | 1,666 | 8,334 | (10,000) | . | |
| Children inNeed | - | 4,548 | (1,791) | 2,757 | |
| Strategic Development Fund | 40,000 | - | - | 40,000 | |
| Lottery Covid | - | 2,489 | (2,489) | - | |
| LloydsBankFoundation -Covid | - | 380 | (380) | : | |
| SCFCovid | - | 1,873 | (1,873) | - | |
| 53,348 | 11,091 | (16,682) | 47,757 | ||
| TOTALFUNDS | 178,208 | 184,611 | . | 362,819 |
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Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
11. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|5|
|Unrestricted|funds|
|General|fund|76,028|(19,115)|56,913|
|Somerset|Community|Foundation|10,000|-|10,000|
|Lloyds|Bank|Foundation|33,333|(22,073)|11,260|
|Bramble|Trust|5,000|-|5,000|
|NHS ED Team|(Contract)|34,000|(11,435)|22,565|
|Capacity &|attendance|10,000|(9,694)|306|
|Covid|19 response|20,000|-|20,000|
|Locallity|lead|co-ordinator|15,000|(15,000)|-|
|Locallity|set up|costs|10,000|-|10,000|
|Specialist workstream|76,067|(38,591)|37,476|
|289,428|(115,908)|173,520|
|Restricted|funds|
|General|Fund|~|(6,533)|(6,533)|
|Linnet|Trust|10,000|(10,000)|-|
|Lottery|46,289|(46,289)|:|
|Awards|for|All|8,184|(8,184)|-|
|SCF|Tampon Tax|8,334|-|8,334|
|Children|in Need|34,310|(29,762)|4,548|
|Lottery Covid|60,093|(57,604)|2,489|
|Lloyds|Bank Foundation|- Covid|12,606|(12,226)|380|
|SCF Covid|3,250|(1,377)|1,873|
|183,066|(171,975)|11,091|
|TOTAL FUNDS|472,494|(287,883)|184,611|
----- End of picture text -----
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Somerset and Wessex Eating Disorders Association
|
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| At 1.4.19 | movement in funds |
between funds |
At 31.3.20 |
|
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 78,183 | 54,855 | (15,611) | 117,427 |
| Somerset Community Foundation | 666 | 3,500 | - | 4,166 |
| GarfieldWeston | 4,166 | - | (4,166) | - |
| SomersetNHS Partnership Discovery | ||||
| Group | 20,223 | - | (20,223) | - |
| Lloyds Bank Foundation | - | 3,267 | . | 3,267 |
| 103,238 | 61,622 | (40,000) | 124,860 | |
| Restricted funds | ||||
| Linnet Trust | 40 | (40) | - | - |
| ITFund | 5,000 | - | . | 5,000 |
| NHS Recovery Support Group | - | 6,682 | . | 6,682 |
| SCF TamponTax | - | 1,666 | - | 1,666 |
| Strategic DevelopmentFund | - | . | 40,000 | 40,000 |
| 5,040 | 8,308 | 40,000 | 53,348 | |
| TOTALFUNDS | 108,278 | 69,930 | - | 178,208 |
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- MOVEMENT IN FUNDS- continued
Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
Comparative net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|74,998|(20,143)|54,855|
|Somerset Community Foundation|3,500|-|3,500|
|Lloyds Bank Foundation|33,334|(30,067)|3,267|
|111,832|(50,210)|61,622|
|Restricted|funds|
|Linnet|Trust|10,000|(10,040)|(40)|
|Lottery|91,497|(91,497)|-|
|Somerset|Community|250|(250)|-|
|Awards|for All|9,936|(9,936)|-|
|NHS|Recovery|Support|Group|7,100|(418)|6,682|
|SCF Admin|4,000|(4,000)|-|
|SCF|Tampon Tax|1,666|-|1,666|
|Finnis|500|(500)|:|
|Children|in Need|3,560|(3,560)|-|
|NHS|Alliance|1,573|(1,573)|-|
|130,082|(121,774)|8,308|
|TOTAL FUNDS|241,914|(171,984)|69.930|
----- End of picture text -----
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continued...
Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.19 | in funds | funds | 31,3.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 78,183 | 111,768 | (1,878) | 188,073 |
| SomersetCommunityFoundation | 666 | 13,500 | - | 14,166 |
| Garfield Weston | 4,166 | - | (4,166) | - |
| Somerset NHS Partnership Discovery | ||||
| Group | 20,223 | . | (20,223) | - |
| Lloyds BankFoundation | - | 14,527 | . | 14,527 |
| Bramble Trust | . | 5,000 | . | 5,000 |
| NHS ED Team (Contract) | - | 22,565 | - | 22,565 |
| Capacity& attendance | - | 306 | - | 306 |
| Covid 19 response | = | 20,000 | - | 20,000 |
| Locallity setup costs | - | 10,000 | - | 10,000 |
| Specialist workstream | - | 37,476 | (3,733) | 33,743 |
| NHS Recovery Support | - | . | 6,682 | 6,682 |
| 103,238 | 235,142 | (23,318) | 315,062 | |
| Restricted funds | ||||
| General Fund | - | (6,533) | 6,533 | - |
| Linnet Trust | 40 | (40) | - | - |
| ITFund | 5,000 | - | - | 5,000 |
| NHS Recovery SupportGroup | - | 6,682 | (6,682) | - |
| SCFTamponTax | . | 10,000 | (10,000) | - |
| Children inNeed | - | 4,548 | (1,791) | 23757 |
| Strategic Development Fund | - | - | 40,000 | 40,000 |
| LotteryCovid | - | 2,489 | (2,489) | . |
| Lloyds Bank Foundation -Covid | - | 380 | (380) | - |
| SCF Covid | - | 1,873 | (1,873) | - |
| 5,040 | 19,399 | 23,318 | 47,757 | |
| TOTALFUNDS | 108,278 | 254,541 | - | 362,819 |
Page 19
continued...
Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
11. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|:S|£|£|
|Unrestricted|funds|
|General|fund|151,026|(39,258)|111,768|
|Somerset Community Foundation|13,500|.|13,500|
|Lloyds|Bank|Foundation|66,667|(52,140)|14,527|
|Bramble|Trust|5,000|-|5,000|
|NHS|ED|Team|(Contract)|34,000|(11,435)|22,565|
|Capacity &|attendance|10,000|(9,694)|306|
|Covid|19|response|20,000|-|20,000|
|Locallity|lead|co-ordinator|15,000|(15,000)|-|
|Locallity|set up|costs|10,000|-|10,000|
|Specialist workstream|76,067|(38,591)|37,476|
|401,260|(166,118)|235,142|
|Restricted|funds|
|General|Fund|-|(6,533)|(6,533)|
|Linnet Trust|20,000|(20,040)|(40)|
|Lottery|137,786|(137,786)|-|
|Somerset|Community|250|(250)|-|
|Awards|for|All|18,120|(18,120)|-|
|NHS|Recovery|Support Group|7,100|(418)|6,682|
|SCF Admin|4,000|(4,000)|-|
|SCF|Tampon Tax|10,000|-|10,000|
|Finnis|500|(500)|:|
|Children|in Need|37,870|(33,322)|4,548|
|NHS|Alliance|1,573|(1,573)|-|
|Lottery Covid|60,093|(57,604)|2,489|
|Lloyds Bank|Foundation|- Covid|12,606|(12,226)|380|
|SCF|Covid|3,250|(lL ai2)|1,873|
|313,148|(293,749)|19,399|
|TOTAL FUNDS|714,408|(459,867)|254,541|
----- End of picture text -----
Page 20
continued...
Somerset and Wessex Eating Disorders Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
- SHARE CAPITAL
The company is limited by guarantee and has no share capital. The liability of the guarantors, who are the members, is limited to £10 per guarantor. At 31 March 2021 the company had 9 (2020: 7) members. The company is not controlled by any single party.
Page 21
Somerset and Wessex Eating Disorders Association
| Detailed Statement ofFinancial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2021 | ||
| 313-21 | 31.3.20 | |
| ro | £ | |
| INCOMEAND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 39,307 | 37,030 |
| Government grants | 2,905 | - |
| 42,212 | 37,030 | |
| Other trading activities | ||
| Fundraising events | 5,545 | 6,229 |
| Activities forgenerating funds | 1,310 | 16,149 |
| 6,855 | 22,378 | |
| Investment income | ||
| Investment income | 190 | 259 |
| Charitable activities | ||
| Conferences& workshops | 90 | 1,530 |
| Supervision and complimentarytherapy | ||
| income | 15,082 | 12,536 |
| Room hire receipts | 25 | 4,765 |
| Callhandling income | 19,481 | - |
| Linnet Trust | 10,000 | 10,000 |
| Bramble Trust | 5,000 | - |
| Lloyds TSB Foundation | 33,333 | 33,333 |
| Somerset Community | 5,000 | 250 |
| Lottery | 46,289 | 91,497 |
| Awards for All | 8,184 | 9,936 |
| NHS Recovery Support Group | : | 7,100 |
| SCF Admin | - | 4,000 |
| SCF Tampon Tax | 8,334 | 1,666 |
| Finnis | - | 500 |
| Children inNeed | 31,404 | 3,561 |
| NHS Alliance | - | 1,573 |
| NHSED Team (Contract) | 34,000 | - |
| Capacity& attendance | 10,000 | - |
| Locality leadcoordinator | 15,000 | - |
| Locality setup costs | 10,000 | - |
| Specialist workstream | 76,068 | - |
| Covid 19 response | 20,000 | - |
| LotteryCovid | 60,091 | - |
| Carriedforward | 407,381 | 182,247 |
This page does not form part of the statutory financial statements
Page 22
Somerset and Wessex Eating Disorders Association
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| 31.321 | 31,3;20 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Brought forward | 407,381 | 182,247 |
| LBF - Covid | 12,606 | - |
| SCF - Covid | 3,250 | - |
| 423,237 | 182,247 | |
| Total incoming resources | 472,494 | 241,914 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 201,434 | 109,925 |
| Social security | 11,475 | 4,728 |
| Pensions | 11,909 | 6,069 |
| Sundries | 371 | O33 |
| Insurance | 897 | 1,682 |
| Light, heat and water | 3,163 | 2,127 |
| Telephone & web costs | 2,846 | 2,410 |
| Postage, Stationery& Advertising | 3,003 | 4,310 |
| Rent& Maintenance | 17,867 | 14,133 |
| Travelling Expenses | 842 | 6,254 |
| Training | 2,595 | 4,335 |
| Supervision | 263 | 450 |
| Support Workers | 6,252 | 1,213 |
| ComputerCosts | 11,914 | 7,048 |
| Professional Fees | 519 | 102 |
| Subscriptions& Donations | 504 | 58 |
| Fundraising | 277 | 349 |
| Administration expenses | 830 | - |
| Depreciation | 5,761 | 2,899 |
| 282,722 | 168,625 | |
| Support costs | ||
| Finance | ||
| Bankcharges | 361 | 432 |
| Interestpaid - non trade | 3 | i |
| 364 | 433 | |
| Governance costs | ||
| Independent Examiner's Fee | 870 | 780 |
| Carriedforward | 870 | 780 |
This page does not form part of the statutory financial statements
Page 23
Somerset and Wessex Eating Disorders Association
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
Governance costs Brought forward Bookkeeping Total resources expended Net income
| 31.3.21 | 31.3.20 |
|---|---|
| £ | £ |
| 870 | 780 |
| 3,927 | 2,146 |
| 4,797 | 2,926 |
| 287,883 | 171,984 |
| 184,611 | 69,930 |
This page does not form part of the statutory financial statements
Page 24