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2021-03-31-accounts

Charity Registration No. 1058295

Company Registration No. 02266883 (England and Wales)

THE NEXT CHAPTER (EAST OF ENGLAND) ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

THE NEXT CHAPTER (EAST OF ENGLAND)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Ms K Williams Ms S Taylor (Appointed 16 April 2020) Ms S Stephens (Appointed 1 September 2020) Ms HFM Smart (Appointed 16 April 2020) Ms KD Caldwell (Appointed 16 April 2020) Ms E Regan (Appointed 28 April 2021) Ms C Cussell (Appointed 12 August 2021) Charity number 1058295 Company number 02266883 Registered office PO Box 40 Colchester Essex CO1 2XJ Auditor Whittles Whittle & Partners LLP The Old Exchange 64 West Stockwell Street Colchester Essex CO1 1HE Bankers NatWest 25 High Street Colchester Essex CO1 1DG

THE NEXT CHAPTER (EAST OF ENGLAND)

CONTENTS

Page
Trustees' report 1 - 8
Statement of Trustees' responsibilities 9
Independent auditor's report 10 - 13
Statement of financial activities 14
Balance sheet 15
Statement of cash flows 16
Notes to the financial statements 17 - 33

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and financial statements for the year ended 31 March 2021. The report meets the requirements for a directors’ report for Companies Act purposes.

The financial statements have been prepared in accordance with the accounting policies set out in note 2 to the financial statements and comply with the charitable company's Memorandum and Articles of Association , the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The charity’s objects are:

Our values

Integrity: We are open, honest and fair in everything we do and everyone we work with. People trust us to do the right things for the right reasons.

Respect: We value the diversity and uniqueness of all individuals and families. We listen and believe our service-users and strive to always walk with them on their journey with us.

Courage : We understand and value the courage it takes to work with us and for us. We strive to act at all times with courage; challenging injustices and enabling the voices of our survivors to be heard.

Pride in doing a good job : Delivering the very best in all we do and holding ourselves accountable for the outcomes.

Innovation : We strive to find new ways to break the cycle of domestic abuse by supporting research, developing best practice and influencing decision-making at the highest possible level.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake for the purposes of public benefit.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Our services

Next Chapter provides emergency accommodation for women and children fleeing domestic abuse. In addition, our specialist recovery refuge supports women who are fleeing domestic abuse and have the additional complexity of requiring drug or alcohol recovery support. The nature of this complexity means that these women are excluded from all other domestic abuse refuges. This type of work requires expert specialist support, so we work in partnership with Open Road (registered charity no. 1019915), Essex Specialist Treatment and Recovery Service (STaRS) and other organisations to provide specialist services.

Outreach domestic abuse services are also provided in the community to women, men and children by our experienced teams of practitioners, and includes safety planning, advice, guidance, regular support, signposting and group programmes.

Next Chapter covers the areas of Colchester, Tendring, Braintree, Chelmsford, Maldon and Uttlesford, with drop-in services available in many partner community locations. We have also secured our own community outreach base in Colchester which is separate from our refuge locations. We work with Compass who provide our helpline and referral service, alongside Changing Pathways who provide the domestic abuse services to the West and South of Essex.

Our reshaped Children and Young People’s service supports families, children and young people in the community as well as working with our families in refuge to help them overcome the domestic abuse they have experienced. We use play therapy and counselling for children who have experienced domestic abuse in their home environment.

Next Chapter is committed to ensuring that our service is fully inclusive in meeting the needs of all service users.

We recognise that families come from a wide range of backgrounds with individual needs, beliefs and values. Some families experience social exclusion, severe hardship; discrimination and prejudice because of their ethnicity, disability and/or ability, the languages they speak, their religious or personal beliefs, their sexual orientation or marital status. Some women are discriminated against because of their pregnancy and maternity status, or additional complex needs. We understand that all these factors can affect the well-being of families and may adversely impact on their lives.

Volunteers are essential to our service and we sincerely thank all of the women who continue to assist us in many ways.

We have started to use social media to engage with supporters of the organisation and the general public.

Facebook @thenextchaptereast Twitter @surviving_DA Instagram next_chapter123

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance

We are extremely proud of our staff and their dedication and passion for their work. In 2020/21 they have been outstanding in their ability to respond to the significantly increased demand as a result of Covid-19 whilst maintaining a high level of service to our clients despite the lockdown and social distancing challenges brought about by the global pandemic.

Adult services

During 2020/21 we received 2,346 (1,962 in previous year) referrals to our services and we are very proud to report that 99% of clients that contacted us were responded to within 48 hours, with the majority of those being contacted within 24 hours.

38 women and 60 children were accommodated and supported in our family refuge, and 42 women were supported in our recovery refuge.

The risk level of referrals as they entered our service was 895 high, 1093 medium and 358 standard. Therefore, not only have we seen an increase in referrals, but the proportion who are classed as high risk has increased from 27% to 38%.

We received 463 self-referrals with the majority of our professional referrals coming from the Police, social care and other health related services. 904 referrals came to us via Compass who operate the County-wide triage service for all referrals for domestic abuse support.

80% of our clients said that their physical and or mental health had improved considerably as a result of their support from Next Chapter.

Children and Young People’s Services

Our Children and Young People’s Services have been remodelled during the last year. This has clearly been a challenging time to expand our services, however, we have worked with over 500 clients in the last year, including 182 children who we have directly supported. On average all directly supported children received an average of 6 sessions.

Services are delivered in different ways depending on the situation. This includes: 1:2:1 sessions, group work (TRIBE and Hand in Hand recovery programmes), healthy relationship workshops and tailored group and 1:2:1 sessions with children living in the family refuge as well as early intervention Healthy Relationships workshops in junior and secondary school settings.

We have delivered “Hand in Hand” our 10 week programme for mothers, It helps clients understand how domestic violence affects them as parents and how it affects their children. It empowers, supports and develops further understanding of their role as a mother in addressing the needs of their children and young people.

Partnerships

We have worked hard to develop new partnerships and enhance existing ones across all the geographical areas we work in. This has resulted in Next Chapter being well known and respected as domestic abuse experts amongst professionals in the community and increasing referrals reflect this.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Financial review

As with all organisations, the COVID19 pandemic had an impact on the financial position of the organisation. However, the impact on costs from demands on our services and additional costs in delivering services have been met by increased income from specific grant funding and the incredible generosity of our supporters and the public. We have all been truly touched and grateful for all the funding we have received from the public during the last year and this has helped us to support many clients in our refuges and our community clients.

The commissioned work from Essex County Council and the Police, Fire and Crime Commissioner provides us with a greater degree of longer-term security in relation to our funding for our adult services. Some of our other key services remain with the challenge of being funded by short-term, project-specific grant funding – these principally being the top-up funding to enable our Recovery Refuge and for our Children and Young People’s Service, as well as our hugely successful Housing Domestic Abuse Project. In the last year we were successful in securing funding for these services from the Government (MHCLG), Children in Need and Essex Community Foundation.

We would like to thank all our funders who have worked with us to enable us to utilise funding in the most efficient way, which in some cases has enabled us to carry forward the income into the next financial year and provide our vital services for a longer period of time.

The Trustee Board has recognised that the organisation has grown considerably over the past 2 years and alongside this we have an increased security around our funding for this and future years. As a result, the Trustees continue to review the appropriate level of reserves, alongside the use of designated funds to support priority areas of activity and provide future security and contingency for these areas.

In total, our unrestricted reserves have increased by £299,000 to £1,109,760. Of this increase £288,000 relates to designated reserves. This change is commensurate with the increased size and turnover of the charity and reflects the Board’s approach to planning for the longer term by ensuring we plan ahead for future costs. The Board agreed to increase our designated funds from £335,000 to £617,000. This increase includes a further £100k to support our aim to address a need for new or amended premises to meet our changing requirements. We hope to be able to use these funds in 2021/22.

Other contributions to reserves reflect funding set aside in this year to meet costs which have either been delayed in the current year or to help support our 2021/22 and future years budget. We are pleased that the current level of general unrestricted funds of £492,000 reserves exceeds the level determined by the board of a minimum of £250,000. The Board are actively considering significant investment in new assets, mostly to be funded from our designated funds, however, we recognise that we need to hold funds to manage this investment in our services. We are holding £250,000 in restricted funds at the end of March 2021. This reflects funding received in 2020/21 which, due in the most part to the impacts of the pandemic, we have not been able to fully spend in 2020/21. This is all committed to activities in 2021/22.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Risk management

The trustees confirm that major risks have been reviewed and systems and procedures have been established to manage those risks. A revised Risk Register has been drafted and this is considered by the Board on a regular basis. This analyses risks in the following areas:-

The Board currently considers that the main risks facing the Charity are:-

Ongoing Impact of COVID-19. Whilst financially the Charity has been well placed to respond to financial pressures arising from the pandemic, the COVID-19 virus has affected operational issues. Steps have been taken to minimise risks and we have continued to review procedures and processes and follow Government guidance.

Trustee Board. There have been changes to the Trustee Board with several new trustees joining since April 2020, including a new Chair and Treasurer. An exercise to review the skills of the Board and to identify any ‘gaps’ has been undertaken and the Board has taken action to recruit new trustees.

Sustainable Income . The new EIDAS contract has brought a degree of certainty to funding many of our services. However, the Board is aware of the need to take steps to ensure that other services such as our Recovery Refuge and Children and Young People teams can continue to operate. The decisions made to allocate funds to designated reserves to support these areas help to mitigate this risk and we continue to seek secure funding to deliver our services.

Organisational capacity Following a restructure of the Senior Leadership Team to provide greater capacity and resilience, the board recognises that the continuing growth of the organisation requires further investment in strategic and leadership capacity.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Plans for future periods

As detailed in our achievements and performance section, we are delighted to have successful completed the second year of the Essex Integrated Domestic Abuse Services contract and have worked hard with the commissioners to respond to the challenges brought by Covid-19 both for us an organisation but also in relation to the impact on the people we support, which has led to a significant increase in the number of referrals over the year.

The contract has a remaining minimum term of 3 years, with the option to extend for a further 2 individual years, providing the potential of 5 years future funding. With the contract covering the support element of 12 of our 21 refuge units, the community Domestic Abuse Practitioner (DAP) led services for standard and medium risk and the Independent Domestic Violence Advisor (IDVA) led services for high-risk victims, this provides some medium-term security for the organisation to continue providing vital domestic abuse services to adults across our geographic area.

The further funding achieved from the MHCLG, in partnership with Colchester Borough Council, Tendring District Council, Braintree District Council, Maldon District Council and Chelmsford Council has enabled us to continue with our specialist recovery refuge accommodation with associated specialist support, in partnership with Open Road. We know from our own experience of the changing nature of abuse and the circumstances that are presented to us as well as national research around need and provision, that there is a growing need and demand for these services of which there is a lack of provision nationally. Funding has been extended for the whole of 2021/22 and this also helps to fund:-

During 2020/21 we secured additional funding from Children in Need and Essex Community Foundation to support the expansion of this support to include specialist young person’s violence advisors and further funding has now been secured from Children in Need in 2021 which will continue to help funding some of these resources for 3 years.

The Police and Crime Commissioner for Essex has also confirmed funding for additional resources (IDVA, and Duty and Childrens IDVA) for 2021/22 of c£182k. In addition, we will receive a further c£137k in 2022/23 for this work.

In summary, we have been successful in securing additional funding to continue to deliver services in 2021/22 and beyond. We also continue to actively work with our partners and funders to identify opportunities to secure funding for our essential services and to fill any identified gaps in service where we can evidence the need using feedback from our clients and our practitioners.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Structure, governance and management

The charity is incorporated in England and Wales and is governed by a Board of Trustees who constitute the membership in terms of the Companies Act.

The charitable company is limited by guarantee, incorporated on 13 June 1988, with the registered number 02266883.

The company was established under a Memorandum of Association which defined the objects and powers. The company is governed by its Articles of Association.

The charitable company registered with the Charity Commission on 26 September 1996 with the registered number 1058295.

The address of the registered office, which is also the principal office is PO Box 40, Colchester, Essex, CO1 2XJ.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr RKSPD Doyle (Resigned 18 June 2020) Ms K Williams Ms FC Rigo (Resigned 18 November 2020) Ms J Ronayne (Resigned 16 June 2021) Ms S Taylor (Appointed 16 April 2020) Ms S Stephens (Appointed 1 September 2020) Ms HFM Smart (Appointed 16 April 2020) Ms KD Caldwell (Appointed 16 April 2020) Ms E Regan (Appointed 28 April 2021) Ms C Cussell (Appointed 12 August 2021)

Trustees are recruited to provide the skills needed by the Board. We advertise vacancies on our website, via REACH volunteering, Community 360 and LinkedIn.

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.

Management

The trustees delegate the day-to-day management of the charity to the Chief Executive Officer, Ms Beverley Jones and the Senior Leadership Team.

Policies and procedures for induction and training of trustees

Trustees are provided with an induction into the organisation in relation to our services, their responsibilities as Trustees and the expectations of the role and the organisation undertakes a check with the Disclosure & Barring Service (DBS) in accordance with the organisations policies and procedures. They are provided with key policies relating to safeguarding, data protection, code of conduct & financial regulations. New trustees are expected to undertake mandatory online safeguarding training and any other training or learning needs that are identified as relating to their position on the board. New trustees are also provided with key documentation around their role and responsibility as a trustee and key organisational documentation such as financial reports, our risk register and business continuity plan as well as current business plans.

THE NEXT CHAPTER (EAST OF ENGLAND)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Arrangements for setting pay and remuneration of key management personnel and any criteria used

The salary for the role of CEO is set by the Trustee Board, with the Senior Leadership Team level of remuneration recommended to the Trustee Board by the CEO. The setting of pay and remuneration for these key management personnel take into account:

Auditor

Whittles were appointed as auditor to the company and resolution was passed at the Annual General Meeting on 21 October 2021 to re-appoint them for 2021/22.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees' report was approved by the Board of Trustees.

Ms KD Caldwell

Chair of Trustees Dated: 21 October 2021

THE NEXT CHAPTER (EAST OF ENGLAND)

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2021

The Trustees, who are also the directors of The Next Chapter (East of England) for the purpose of company law, are responsible for preparing the Trustees' Annual 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 Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company 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, the Trustees 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 charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

THE NEXT CHAPTER (EAST OF ENGLAND)

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF THE NEXT CHAPTER (EAST OF ENGLAND)

Opinion

We have audited the financial statements of The Next Chapter (East of England) (the ‘charitable company’) for the year ended 31 March 2021 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

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 the provisions available for small entities, in the circumstances set out in note 20 to the financial statements, 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.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. 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. 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 course of 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.

THE NEXT CHAPTER (EAST OF ENGLAND)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF THE NEXT CHAPTER (EAST OF ENGLAND)

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

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 d irectors ' r eport included within the Trustees' r eport.

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

Responsibilities of Trustees

As explained more fully in the s tatement of Trustees' r esponsibilities, the Trustees, who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing 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 an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

THE NEXT CHAPTER (EAST OF ENGLAND)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF THE NEXT CHAPTER (EAST OF ENGLAND)

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Audit response to risks identified

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that 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, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

THE NEXT CHAPTER (EAST OF ENGLAND)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF THE NEXT CHAPTER (EAST OF ENGLAND)

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.

Rachel Skells BA FCA (Senior Statutory Auditor) for and on behalf of Whittles

21 October 2021

Chartered Accountants Statutory Auditor

Whittle & Partners LLP The Old Exchange 64 West Stockwell Street Colchester Essex CO1 1HE

THE NEXT CHAPTER (EAST OF ENGLAND)

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income and endowments from:
Donations and legacies
4
73,467
-
Charitable activities
6
1,311,905
1,076,592
Total other income
5
2,050
-
Investments
7
355
-
Income from
Coronavirus Job
Retention Scheme
8
14,858
-
Total income
1,402,635
1,076,592
Expenditure on:
Charitable activities
9
1,103,960
826,316
Net income for the year/
Net movement in funds
298,675
250,276
Fund balances at 1
April 2020
811,085
-
Fund balances at 31
March 2021
1,109,760
250,276		 TotalUnrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
73,467
20,018
-
2,388,497
1,354,530
387,861
2,050
2,253
-
355
1,167
-
14,858
-
-
2,479,227
1,377,968
387,861
1,930,276
964,963
387,861
548,951
413,005
-
811,085
398,080
-
1,360,036
811,085
-		 Total
2020
£
20,018
1,742,391
2,253
1,167
-
1,765,829
1,352,824
413,005
398,080
811,085

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.

THE NEXT CHAPTER (EAST OF ENGLAND)

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
18
Unrestricted funds-general
Designated funds
19
General unrestricted funds		 2021
£
149,781
1,269,536
1,419,317
(72,552)
617,306
492,454		 £
13,271
1,346,765
1,360,036
250,276
1,109,760
1,360,036		 2020
£
25,146
863,338
888,484
(92,229)
335,000
476,085		 £
14,830
796,255
811,085
-
811,085
811,085

The financial statements were approved by the Trustees on 21 October 2021

Ms KD Caldwell

Trustee

Company Registration No. 02266883

THE NEXT CHAPTER (EAST OF ENGLAND)

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2021

Notes
Cash flows from operating activities
Cash generated from operations
25
Investing activities
Purchase of tangible fixed assets
Interest received
Net cash (used in)/generated from
investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2021
£
(4,707)
355		 £
410,550
(4,352)
-
406,198
863,338
1,269,536		 2020
£
-
1,167		 £
445,664
1,167
-
446,831
416,507
863,338

THE NEXT CHAPTER (EAST OF ENGLAND)

STATEMENT OF CASH FLOWS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

1 Change in accounting policy

The Charities Statement of Recommended Practice (FRS 102) (effective 1 January 2019) requires income recognition in relation to grants using the performance method. This has resulted in a change of accounting policy in the year which has led to all the income relating to the grants received in the year by the charity being included as income and consequently there is no deferred income creditor at the year end.

2 Accounting policies

Charity information

The Next Chapter (East of England) is a private company limited by guarantee incorporated in England and Wales. The registered office is PO Box 40, Colchester, Essex, CO1 2XJ.

2.1 Accounting convention

The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charitable company is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling , which is the functional currency of the charitable company. Monetary a mounts in these financial statements are rounded to the nearest £.

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

2.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

The coronavirus pandemic has significantly disrupted individuals’ personal lives and businesses’ economic prospects in the UK and across the globe. The UK entered lockdown in March 2020 and some restrictions and social distancing provisions remain in place.

In overall financial terms, the charity has not been negatively affected by COVID-19 and has continued to provide services as before.

2.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

2 Accounting policies

(Continued)

2.4 Incoming resources

Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met . Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable . A grant received before the recognition criteria are satisfied is recognised as a liability.

2.5 Resources expended and allocation of support costs

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Expenditure is classified under the following activity headings:-

-Costs of raising funds comprises costs of seeking donations, legacies and grants and their associated support costs.

-Expenditure on charitable activities includes the costs directly associated with carrying out activities to provide crisis accommodation for women and their children, who have been made homeless as a result of abuse at the hands of their partner. It aims to promote the purposes of the Charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance and administration personnel, payroll and governance costs which support the Charity's programmes and activities.

Cost have been apportioned in relation to staff costs absorbed in each area.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

2 Accounting policies

(Continued)

2.6 Tangible fixed assets

Tangible fixed assets 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:

Fixtures and fittings 25% striaght line Motor vehicles 33% straight line Toys and play equipment 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

2.7 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

2.8 Financial instruments

Basic financial assets

Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost.

Financial assets comprise cash at bank and in hand, together with trade and other debtors. A specific provision is made for debts for which recoverability is in doubt.

Cash at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital.

Financial liabilities held at amortised cost comprise all creditors except social security and other taxes, deferred income and provisions.

2.9 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.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2.10 Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

3 Critical accounting estimates and judgements

In the application of the charitable company’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The judgements that the trustees have made that have the most significant effect on the amounts recognised in the financial statements are determining whether there are indicators of impairment of the Charity's tangible assets. The factors taken into consideration when making the judgements include the economic benefits the assets will provide to the charity.

The Trustees have not made any material estimates in relation to these financial statements.

4 Donations and legacies

Unrestricted Unrestricted
funds funds
general general
2021 2020
£ £
Donations and legacies 73,467 19,922
Other - 96
73,467 20,018
Donations and legacies
Donations 68,039 19,922
Legacies 5,428 -
73,467 19,922

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

5 Total other income
Unrestricted Unrestricted
funds funds
general general
2021 2020
£ £
Fundraising events 2,050 2,253

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

6
Income from charitable activities
Refuge:-
Accommodation charges
MHCLG
Lloyds TSB
Active Colchester
ECC - Infection Control Grant
MHCLG - Together we can
MHCLG - COVID19 - Emergency Support
Fund (EVIE lifeline)
MHCLG - COVID19 - Emergency Support
Fund
ECF - COVID Response
Neighbourly Fund
PFCC - COVID Funds
Community Grant Fund
Community:-
EIDAS
PFCC - COVID Funds
TDC Floating Support
ECC - Infection Control Grant
MHCLG
MHCLG - Together we can
DCLG
Essex Community Fund (Tampon Tax)
SETDAB
Community Grant Fund
ECC - Emergency Welfare Support
Stansted Airprot Community Trust Fund
Uttlesford
NHS Training
Children & Young People:-
BBC Children in Need (2018-1492/SE)
BBC Children in Need (2020-3151/SE)
BBC Children in Need (2020-4218/SE)
PFCC - COVID Funds
MHCLG - Together we can
ECC - Infection Control Grant
ECF - Co-op
Free Early Education Entitlement
Garfield Weston Foundation
CBC Voluntary Welfare Grant
MHCLG
Misc. Childrens funding
Community Grant Fund
ECF YPVA		 General
funds
Restricted
funds
£
£
321,041
-
-
119,561
-
25,000
-
4,390
-
8,407
-
255,221
-
234,316
-
5,146
-
5,000
-
400
-
5,268
-
-
990,864
-
-
100,596
-
-
-
1,639
-
-
-
56,286
-
-
-
9,000
-
-
-
-
-
10,000
-
12,500
-
6,600
-
43,804
-
2,750
-
39,000
-
3,011
-
108,493
-
454
-
4,750
-
-
-
-
-
-
-
-
-
-
-
-
-
15,000
1,311,905
1,076,592		 2021
£
321,041
119,561
25,000
4,390
8,407
255,221
234,316
5,146
5,000
400
5,268
-
990,864
100,596
-
1,639
-
56,286
-
9,000
-
-
10,000
12,500
6,600
43,804
2,750
39,000
3,011
108,493
454
4,750
-
-
-
-
-
-
15,000
2,388,497		 General
funds
Restricted
funds
£
£
355,231
-
-
89,481
-
28,090
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,796
983,608
-
-
-
-
23,118
-
-
-
99,586
-
-
-
568
-
1,000
-
18,000
-
5,126
-
-
-
-
-
-
-
39,999
-
-
-
-
-
-
-
-
-
-
-
-
15,691
-
-
6,667
-
33,148
-
28,615
10,269
-
1,398
-
-
1,354,530
387,861		 2020
£
355,231
89,481
28,090
-
-
-
-
-
-
-
-
2,796
983,608
-
23,118
-
99,586
-
568
1,000
18,000
5,126
-
-
-
39,999
-
-
-
-
-
-
15,691
6,667
33,148
28,615
10,269
1,398
-
1,742,391

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

7 Investments
Unrestricted Unrestricted
funds funds
general general
2021 2020
£ £
Interest receivable 355 1,167
8 Income from Coronavirus Job Retention Scheme
Unrestricted Total
funds
general
2021 2020
£ £
Other income 14,858 -

Income represents amounts received from the coronavirus job retention scheme.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

9 Charitable activities

Staff costs
Recruitment and promotion
Professional fees
Travel and motor expenses
Premises expenditure
Other direct project costs
Share of support costs (see note 10)
Share of governance costs (see note 10)
Analysis by fund
Unrestricted funds - general
Restricted funds		 Refuge Community Children &
Young
People
2021
2021
2021
£
£
£
330,265
662,600
183,418
-
221
1,890
18,771
-
-
832
895
693
156,219
5,708
170
243,781
21,954
5,970
749,868
691,378
192,141
81,292
162,874
45,131
2,133
4,274
1,185
833,293
858,526
238,457
305,002
711,530
87,428
528,291
146,996
151,029
833,293
858,526
238,457		 Total
2021
£
1,176,283
2,111
18,771
2,420
162,097
271,705
1,633,387
289,297
7,592
1,930,276
1,103,960
826,316
1,930,276		 Refuge Community Children &
Young
People
2020
2020
2020
£
£
£
238,205
427,584
117,768
-
5,387
5
78
495
35
1,692
17,701
670
158,807
100
-
22,393
6,360
8,341
421,175
457,627
126,819
102,786
184,503
50,817
2,766
4,964
1,367
526,727
647,094
179,003
406,360
499,696
58,907
120,367
147,398
120,096
526,727
647,094
179,003		 Total
2020
£
783,557
5,392
608
20,063
158,907
37,094
1,005,621
338,106
9,097
1,352,824
964,963
387,861
1,352,824

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

10
Support costs
Support
costs
Governance
costs
£
£
Staff costs
212,799
12
Depreciation
(556)
-
Premises expenditure
6,184
-
IT costs
52,154
-
Bad and doubtful debts
-
-
Legal & Professional
8,036
-
Other
10,680
-
Audit fees
-
7,080
Legal and professional
-
-
Travel and motor
expenses
-
-
General meeting costs
-
500
289,297
7,592
Analysed between
Charitable activities
289,297
7,592		 2021Support costs Governance
costs
£
£
£
212,811
251,354
189
(556)
2,443
-
6,184
4,697
-
52,154
77,805
-
-
1,807
-
8,036
-
-
10,680
-
-
7,080
-
5,700
-
-
445
-
-
2,690
500
-
73
296,889
338,106
9,097
296,889
338,106
9,097		 2020
£
251,543
2,443
4,697
77,805
1,807
-
-
5,700
445
2,690
73
347,203
347,203

The Charity initially identifies the costs of its support and governance functions. The governance and support costs are then apportioned between the charitable activities undertaken in line with the staff costs allocated to each activity.

Governance costs includes payments to the auditors of £ 6,600 (2020- £ 4,800 ) for audit fees.

11 Trustees

During the year one trustee (2020: five) was reimbursed for expenses totalling £12 (2020: £441). Costs incurred where for professional checks.

None of the Trustees received any remuneration during the year.

Trustee indemnity insurance totalling £445 (2020: £445) was paid on behalf of the Trustees during the year.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

12 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2021
Number
56
2021
£
1,262,131
98,097
28,866
1,389,094		 2020
Number
44
2020
£
946,056
67,504
21,540
1,035,100

There were no employees (2020: nil) whose annual remuneration was £60,000 or more.

13 Tangible fixed assets

Fixtures and
fittings
£
Cost
At 1 April 2020
156,648
Additions
4,708
At 31 March 2021
161,356
Depreciation and impairment
At 1 April 2020
141,818
Depreciation charged in the year
6,267
At 31 March 2021
148,085
Carrying amount
At 31 March 2021
13,271
At 31 March 2020
14,830		 Motor
vehicles
Toys and
play
equipment
£
£
5,000
33,194
-
-
5,000
33,194
5,000
33,194
-
-
5,000
33,194
-
-
-
-		 Total
£
194,842
4,708
199,550
180,012
6,267
186,279
13,271
14,830

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

14
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
15
Creditors: amounts falling due within one year
Notes
Deferred income
16
Trade creditors
Other creditors
Accruals and deferred income
16
Deferred income
Arising from Deferred income		 2021
£
137,325
12,456
149,781
2021
£
-
8,130
10,275
54,147
72,552
2021
£
-		 2020
£
15,895
9,251
25,146
2020
£
61,499
2,688
2,871
25,171
92,229
2020
£
61,499

17 Retirement benefit schemes

Defined contribution schemes

The charitable company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £28,866 (2020 - £21,540).

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

18 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds
Incoming Resources Balance at Incoming Resources Balance at
resources expended 1 April 2020 resources expended
31		 March 2021
£ £ £ £ £ £
ECF (Tampon Tax) 1,000 (1,000)
-		 9,000 (9,000) -
Lloyds TSB 28,090 (28,090)
-		 25,000 (25,000) -
DCLG 568 (568)
-		 - - -
MHCLG (together we
can) - - - 420,000 (370,132) 49,868
MHCLG - COVID
Funding - EVIE Lifeline - - - 234,316 (234,316) -
MHCLG - COVID
Funding - Next Chapter
Lifeline - - - 5,146 (5,146) -
ECC - Infection control - - - 10,500 (10,500) -
ECC - COVID Welfare
Fund - - - 10,000 (4,242) 5,758
Active Essex - - - 4,390 (40) 4,350
Neighbourly Fund - - - 400 (400) -
BBC Children In Need
(2020-4218/SE) - - - 39,000 (4,544) 34,456
BBC Children In Need
(2020-3151/SE) - - - 2,750 - 2,750
BBC Children In Need
(2018-1492/SE) 39,999 (39,999)
-		 43,804 (39,999) 3,805
ECF (COVID Response) - - - 5,000 (753) 4,247
CBC Voluntary Welfare
Grant 2017-2018 33,148 (33,148)
-		 - - -
ECF (CO-OP) - - - 4,750 (1,976) 2,774
Garfield Weston
Foundation 6,667 (6,667)
-		 - - -
TDC Floating Support 23,118 (23,118)
-		 - - -
MHCLG 217,682 (217,682)
-		 119,561 (13,193) 106,368
Police, Fire and Crime
Commissioner - - - 108,875 (107,075) 1,800
Community Grant Fund 9,320 (9,320)
-		 - - -
SETDAB 18,000 (18,000)
-		 - - -
Children's Fund 10,269 (10,269)
-		 - - -
ECF - YPVA - - - 15,000 - 15,000
Stansted Airport
Community Trust Fund -
Uttlesford - - - 12,500 - 12,500
NHS Training - - - 6,600 - 6,600
387,861 (387,861)
-		 1,076,592 (826,316) 250,276

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

18 Restricted funds

(Continued)

ECF (Tampon Tax) : To run support programmes for women affected by domestic abuse in North Essex.

Lloyds TSB : salary and on costs of a refuge support worker and contribution to volunteers' expenses.

MHCLG (Together we can) : support victims of domestic abuse.

MHCLG (COVID 19 Emergency Fund) : Two grants were provided, one as part of the EViE Lifeline project which including funding for tow other domestic abuse charities. The other (Next Chapter lifeline) was just for Next Chapter. All grants provided supported victims of domestic abuse throughout the pandemic.

ECC infection control : funding to support infection control measures in our refuges.

ECC Covid Welfare Fund : funding to support the welfare of our clients.

Active Essex : Funding Next Chapter Running Club.

Neighbourly Fund : micro grant towards providing food for residents in refuge.

BBC Children in Need (2020-4218/SE) : Funding towards Young Persons Violence Advisors (YPVA).

BBC Children in Need (2020-3151/SE) : Funding towards a new family room in the refuge.

BBC Children In Need (2018-1492/SE) : support for children and young people affected by domestic violence, including pre-school children, after school activities and one to one support to improve their mental health, self-esteem and to feel safer.

ECF (Covid Response) : funding to help support women who have experienced domestic abuse and addiction.

ECF (Co-Op) : To fund resources for young people who have experienced domestic abuse.

MHCLG: funding to support victims of domestic abuse.

Police, Fire and Crime Commissioner : to fund the delivery of services for Domestic Abuse and Sexual Violence Services.

ECF (Young Persons Violence Advisor - YPVA) : Funding for a YPVA post.

Stansted Airport Community Trust Fund – Uttlesford : funding in the Uttlesford district for additional community DAP resource.

NHS Training : funding for delivery of training within GP surgeries.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

18 Restricted funds

(Continued)

Restricted funds only used in 2019/20:-

DCLG: funding to strengthen accommodation based specialist domestic abuse service provision

Colchester Borough Council Voluntary Welfare Grant: Provision of adult community outreach, children's support services and refuge evening support staff

Garfield Weston Foundation: Contributions towards the delivery costs of the children's and young people's services

Tendring District Council (TDC) Floating Support : provision of floating support worker, part Refuge and part Community staff

Community Grant Fund: To increase domestic abuse support in the community, raise awareness and improve therapeutic play and early education opportunities for pre-school children linked to the refuge.

SETDAB : Funding towards delivering IDVA training for staff working within Southend, Essex and Thurrock

Childrens Funds: Various miscellaneous funds towards childrens service activities.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

19 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement
in funds
Balance at
Incoming		 Balance at Resources Transfers
Balance at
1 April 2019
resources		 1 April 2020 expended 31 March 2021
£
£
£		 £ £
£
Budget support fund -
-
-		 - 155,000
155,000
Building maintenance
fund -
25,000
25,000		 (9,830) -
15,170
Womens Resource
Centres (formerly Fixed
asset replacement fund) 20,000
150,000
170,000		 - 100,000
270,000
Depreciation fund -
-
-		 - 4,708
4,708
IT reorganisation fund 5,000
25,000
30,000		 - -
30,000
Rebranding fund 10,000
-
10,000		 - -
10,000
Childrens and Young
People -
50,000
50,000		 - -
50,000
Recovery Refuge -
50,000
50,000		 - 7,000
57,000
Saskia's Legacy -
-
-		 - 5,428
5,428
Client counselling -
-
-		 - 20,000
20,000
35,000
300,000
335,000		 (9,830) 292,136
617,306

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

19 Designated funds

(Continued)

The Building maintenance fund is for the Old House CCTV, FOB system, and for new gates.

The Women's Resource Centres (formerly fixed asset replacement fund and premises maintenance) of £150,000 is held to provide funds to invest in assets to meet our future changing requirements.

The IT reorganisation fund of £30,000 is set aside for IT costs.

The Children's and Young Peoples fund of £50,000 is set aside to meet any costs in the short to medium term of delivering our new children's services.

The Recovery Refuge fund of £57,000 has been proposed to invest in the service.

Budget Support Fund is set aside to meet budget pressures arising from increasing costs or loss or uncertainty of income.

Saskia's Legacy is set aside to ensure that funds left to Next Chapter are used for a specific purpose in line with the legacy.

Clients Counselling is set aside to fund client counselling costs.

Depreciation Fund is provided to pay for future years depreciation charges.

It is estimated that designated funds will be expended by 2023.

20 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted
funds
Designated
funds
Restricted
funds
£
£
£
Fund balances at 31 March 2021 are
represented by:
Tangible assets
13,271
-
-
Current assets/(liabilities)
479,183
617,306
250,276
492,454
617,306
250,276		 Total
£
13,271
1,346,765
1,360,036

21 Auditors ethical standards

The relevant circumstances requiring disclosure in accordance with the requirements of APB Ethical Standard - Provisions Available for Small Entities are that, in common with many charities of our size and nature we use our auditor to assist with the preparation of the accounts.

THE NEXT CHAPTER (EAST OF ENGLAND)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

22 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		 2021
£
128,512
512,332
222,430
863,274		 2020
£
113,711
454,843
224,253
792,807

23 Related party transactions

Other than the transactions with Trustees disclosed in note 11, there were no disclosable related party transactions in the year.

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2021
£
Aggregate compensation
134,801
24
Analysis of changes in net funds
The charitable company had no debt during the year.
25
Cash generated from operations
2021
£
Surplus for the year
548,951
Adjustments for:
Investment income recognised in statement of financial activities
(355)
Depreciation and impairment of tangible fixed assets
6,266
Movements in working capital:
(Increase)/decrease in debtors
(124,635)
Increase in creditors
41,822
(Decrease)/increase in deferred income
(61,499)
Cash generated from operations
410,550		 2020
£
109,282
2020
£
413,005
(1,167)
2,443
10,189
15,692
5,502
445,664