Reglstered number. 03329289 (England and Wal•sl Charfty number4: 1061359 {EnglaDd and Wales) & SC041140 (Scotlandl WINSTON'S WISH (A company limited by guarantea) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 *AIFECZ30' 1811012021 C(IMPANIES HOIJSE 214 YINSTON'S WISH IA company Iwnited ty guar4Dtee) P￿e Refer•nce administr•tlvè detail5 of th• Charlty. Its Trus1••s and advlsers Chaliman's statement Truslws. reporf ltydependent auditorfs rgport on tht financlal ¥tat¢m•nts Stat¢menl of flnancial a¢lfvlli•s 10-12 13 Balance s￿$t 14 Statsmenl of ¢a$h Ilows 15 Motes to the financial statwTrents 16-34 WINSTON'S WtSH (A company Ilmlted by guarantee REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARifY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 Patrons Julie Stokes 08E Msc (Fourthrl Baroness Rennie Fritthée R8rNk4plt Church￿1 Barbara W￿1 Palrcffl) The Duthess Of Richmond and G Honorary pr￿Id•￿t Ntgal Purrfeur. Chaim Samantha Carruthers, ChairTr een Cosh Christian Cullinane are Galke {resffJngd 18 N￿nber 2￿20} Paul Gatheffxle caro[w￿ Kean Jane McC¥thy Bart)ara Nnolum Marf( Smilh Company reglstered number 0332W289 {England Wa18s) Charsty r•gi¥tered numbers 10613591England and W*s) and SC041140 (Scotsnd) Reglstered Oir￿e 17 Royal Crescent Che51enham GIOU￿tershIre GL50 3DA Chi•1 Executlye Ollk•r FeTgus Crv Independent auditor Hazlewaojs Staverton Cojrt Slaverton Chollenham GL51 OUT BankeTS Barclays Bank Fk Gloucester Dc Gloucester GL120H Page 1 Y•lNSTOWS MfiSH (Aeompany llmited by guarnnleo) CHAIRMAM'S STATEMENT FOR ThE YEAR ENDED 31 MARCH 2021 This has been an extrncwdinary ￿ar for Wmton's as ii IAS been across the UK. For our beneficiaries. for our staff, our volunteefs and for our donors and fvnders the pressures arwj challenges have been, I hope, unprecedented. The ¢haNenge of the has t￿n trwofold ￿ us. Fir5ty. managing a ￿nIficant Income drop thal we forecast right at the SL￿ of the year. ahmgside our Strong and dear intention to re0￿entate our sgrvices. Thts was essential to mak¢ sure we ¢wJd c4)ntinue to SUPF¢rt our existing bengficiarles during a period in whith kthdown and restrictions would make arLess to swvices very diffKult forfamlies. Alongs#Ye this we sd ow pa5sron lor growth and to extend ow reach in the lun knOw￿dge that a very s￿nIficant number of chIld￿n and yo￿9 wouhj ￿ affect￿ by grEf arKI bere8vement as a result of someone Close to Ihem dwng durin9 the pandèrn* This ¥ras a ccthplex series of clwU8ng8s for us. and we have madè 80me Jurageous and diffrutt d¢￿S￿nS along the YRY. The results you see here are an irKIKakn that deci51ons have been the ryht one& Demand for our supwt shifted to the online enbtyronment and we were able lo meet the needs for suppNt. for knovAedge and for training qui¢*iy. We broughl thrO￿h 8 seivtce TedesÉgn thal was already in trairl whkh not otty protected the seNi¢e users we were SUPF4Yting In the early part of the year. il also has meant that we have been atrle lo extend our service feath across the UK giving us a strong basis from which lo build in the years ahead. It ¥ras, in son* w8y4 a year ef t*¢ Ihe first pat of tho year about undersl*ing the context we found WT5elves in and respJndirKJ Quic￿ kn tha( Ihe ser￿j hall￿ the yew embedding our nvjdèl and stmclure and our blended W￿fvng Amidst the challenge5 there have b¢en SO￿ wi Signif￿aftt achleveff*nts and Ihese include: The development and delivery of a new rrndel of support for the orgarnlsat*)n. Reaching more wofessionals thr(xvJh (￿recI train￿9 than ever before ¥rith our free online trainlng offw and transltlon to rerTr)t8 dglvery for our'dassr¢Jom' based delwery. released earty in Ihe Pandem 8uppDrting V)e chli dren that came lo us tr help quKMy as ow nw4V modd allows us lo react wh¢n families want and need the help. Increasing our age range up to 25 year5 to elw)￿￿3$5 rtwjre young adLts into the seNce. We enter the ye* aljead energised * confident that are tvw sei up to ensure that we can reath mar more of th8 chIld￿n and ywng people vtho us in the period 8hewJ and as the tNe scal¢ of giief and bereavemenl durirrfj the becrynes dearer. As in Ihe prevityjs yeart$ re￿. as a Board. we a￿ confident that whllst material ￿n￿rtaInty exists about future incoffle. the immèYi81e future of the or9￿1$allOn is seojre In the fores8￿ble fvture and Seciion 4 of the Tfustee$' Report'securing a Sustainable FubJre- pr￿ delails on rt h8$ arrived at this wndusion. Perhaps more than ever this yw l rnusL a9w"n give my heort1911 Ihanks to our amazing staff. volunteers, donors, supporters oThJ of course rny frlkyw Trustees for evwything tho1 do fw us f¢x bereaved children. Nigel Purveur C airofT Date. sodo w 202 Page 2 WINSTO￿ IMSH IA company limited by guarante•l TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Trustses of Winston's Wish have pleasure in wosethg their rerNyt finarKid statements for the year ended 31st March 2W21. The financial statements ¢>)mply with the Charities Ad 2011. the CompanEs Act 2Cth, the Memorandum and AJith of Associalitm. and AccxJuntin9 and Reportwvd by Charifi* Statement of Recommended PractKe applicat4e to charib"e9 preparing their fmanda stalen￿ts In arurdance *ryih the Fwianoal Reporbng Standard applicable in the UK and Rewblic of Ire￿d (Chaftttes SORP (FRS 10211 Al the outset, il Is tnje lo say that al of the supwri ￿ defwed as an wisatron this year must be sel wilhln the context of the COVID-19 pandemic ￿ whth a very significant number of pecpie died. and a public discourse of death and bereavement whih has slTongty impacted on thildTen and young people. All of our support work has been delivered through renKSte (* duitsl means Ihis year as we closed our Offi￿ to protect our staff and p18y our part in reduang the spread cl COV1[￿19. Our ¥lTrtegy Our strategy {wblrsheJJ in Aprfl 2016} is outeow*5 ftsus5ed and I&￿$ us towards our uliimale goal: maknny sure that thildren and Y￿ng peO￿e who experten(* tereavement can go on to INe full and flourishing INes. Our activity is grouped under f￿r Strateg￿ atrns.. Reach the chlldren who need us Work others $0 Ihat chiklren better sup￿￿1ed Shape the big picture SeLxw8 a 5uslainable future 1. Ru¢h th• children Vtho ne¢d us As the pandewmc spr￿￿ during the initial ILthcwn, our team reacted qulcldy to provide rrK)re online guidance r surv)rting bereaved Child￿Tr and young Feople rArt off ffcrtn their usual sUp￿t ne￿￿ths. Through SL￿SsIve waves of the pandemK, Ihe team continued lo make sure the inbnnation we were providing was aituned lo the needs of children. farThlies and professh￿41¥ wogressNdy increased the range of free reswrces and training availab￿ through the website. We 8150 brwght fopw8rd a change programme 81ready underway to transfomi our b￿eaVem?nt support servtee delivery methodofogy and increase the am￿nI of online and renKJte suFfKJrt we could offer to children, young people and families across the o)unlry. Because of our extsting direth.on of travel. we We￿ able to Iransibon In March 2020 to a campleldy rer￿le servKe rt￿de1. arKI ihis was folbwed by a reshaping of our oTg8nisation and our bereavement support seNces in line wilh nts¥ Vis￿￿. This WOTk was ￿)Mpleted by the end of the Summer, and from September 2020 we had nlroduced a new service. the Family Bereavement Support Serv IFBSS) lo comF4wnent a refreshed Chibjren and Pwle's {CYP). Key for us has been lo decrease our re¥*J)se bmes. as weaale that fanllliès cOn￿t us when are ready to receive support and wailing ftsts are Lmhelpful al best. Wrthin our rth¥ model, for the faThylies who need more ongoing supwrt thw our hetF4ine practitioners are ab￿ lo offer and are therefore referred into our longer lèmi SUppC￿t seNices (FBSS and CYP). ￿ have set a M￿muM waibng time of 5 days. This is a sbJnlficanl change and onty Fossible with our new ddwery rnc&l. We ha¥e ￿en able to meet this tsrgel cnnslslendy throughout the year and will use ft as a measure of resou￿ required in the corrrfng rnonihs, as we see referrab Ir￿¥ease post p￿d￿nk lif Our websltg was an essential resource for many. many famihes and professionals seeknng infom￿1￿￿ after a death Ihis year. thrau, tr￿re ¥*Ere more than 438.(￿0 visitors to our websites an knue8se of 55% on the same figure for 201&20. Our young people's website. hdp2nN8kesense.or9 Saw an uplfft in visitors of 36% this year as more young searched for help Page 3 vinNSTON% WISH {A company limlted by guarant•o) TRUSTEES. REPORT (cop¥fiNUED) FOR THE YEAR ENDED 31 MARCH 2021 Our Freephone H•lpllne contviued to cw3te as a sNJnrficant stand-akM* national seNke and 8 pathway to access our famity and rndmdual SUFVOrt. Thi5 year our expert wactittonets ts)ntinued lo respond sensilNely lo the needs of each caller, sornelimes providing SUPPOrt over a serles of cans. taking referrals Snlo our new Family Bereavement Supwrt Semee arKI our Chihjren and yo￿9 People's service, and Éendmu oul ￿ SP￿la￿$t publications and resources. Like many other services atxjss our sethr, saw a drop in cals during the first three rnonths of the pandemic as f8milles navigated the diffiGulty of lod(thwn home-s¢hc)ntact wrfh pYofes$KJna Because of Ihe ￿gnIfICant dwges we have made to our seNKx offer to In￿ease a￿￿s5 and to mtnlmtse the impact ol the parthmiq il is difficull to corw year-￿-year figures direct sw)p)rt. Some families that would Pfeviously had a direcl lo face senKe, have been SUpF￿rt￿ by the FBSS team whilst others have gonè lo the CYP team - il has been important to refer Ihe famitylthildlyoung person Io Ihe seTvice that b95t meets their individual needs. We are delighted to be able lo offer nwxe choKe kn our beneficiaries. Paae 4 IMNSTOl+fs WISH IA ¢4xnpany limited by guaranlee TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 2. Work othefs f•0 that children are I￿r supported Wc(k has continued this year as of a number of key nati(wl partrwships W￿uding the Support After SuicKte Partnership, the chik1h￿d Bereavement Network and the Children alld Young People's Mentsl Health Coafilion. Our practs'liorbers continued their work with other local groups and services. induding provlding adviek and support in the 4)nlkne enVIr￿menL Much of ttms work has been curtailed ty the pandom& bjt have ¢￿trbbuled to LN)line resources and articles asked (￿1*￿ere we have seen an opporiimty. 3. Shape th• big pSc¢ur• With relationshi￿ sex educat￿ health èJUCatw￿ becomrrtg a Statut￿ part of the nats'onal rAJrriGyJhJm thls year. we worked with the PSHE Association to me gwatitvJ acbvil*s to suFyort its th3rilable activities, IAfjnston's Wish is heavity rdi8nt on vobjntsry donabJns. The m8ioiity of ON8 in(y)me must be n￿Y generated each year and the Trustees duly consKlerthe unc&tsinfies around fimdbvJ when selting the Charity's reseNes poI￿y. Given the nalure ol Winston's Wish styvus and our ongcing commilm¢nt lo delNer more services lo more families across the UK. the Truslees have e51abli5hed a reserves p)Iy that o)vets fvndamenlal priorities.. Page 7 WINSTON% WISH {A company Ilmited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Thal reserves shoutd be sufficient to Unde￿In the commrtmenl to the conbnued gr(Awth aTrJ development of our seNicos and suificienl to covw any s￿nifiCant U ¥lKlden IluclUalw￿ in In￿ 50 as to help avoid w undue disruption to seryice levels or ottw key fvnctTrons. To that end the target 15 to hold unresthrAed rvsep￿S at a levd that equates to at least 6 months of un￿Stricted fvnd expendtture. The maxirThJm unrestricled reseNes al any time shoukj not ex￿ed nine months unrestricted fund expendiiure. The level of vnreslncted reserves 8t 31 March 2021 13 equhalenl to 6.3 months unrestrt(led expenditure whtch Tru51ees bttleve is approp￿. The Trustees are pleased to rew1 Ihal the Chwity has a rclxBt t￿ar￿e sheet which be used lo oontinue lo PTovide seNcw to I￿leS the U Investment Pollcy The Trustees bekneve Ihal avaHalk restr￿ts StrK)￿d provth a reag)nable level of irK(*ne to help support Its activibes and that its capltal values thuld be prole¢ted trom erosion in vakne and keep pace with inflation. Brewin Dolphin marwes Ihe Chartys investments on a fuli discretionary basos a balanc8d 8ppr08ch behveen income generation. capitat grth￿h and rTsk. The Frt)rt(olio is VRI dNer5ified wth a degree of ri$k The Trustees consKler thks 15 app￿p￿te for a Charity Ihe size ol ￿nston'S Wk%h. Rlsk ManageM￿t The Trustees assess the major risks lo whith the Charity is ex￿sed. In part￿lar Ihose related to Ihe operations and finances of the Charity, and 8re sab'sf*d that systems are In pl￿ to manage exp)sure to the maior risks. Tho Charity takes adion as appropfiate to reduce Ihe overal level of risk Re8ponslbllllles of the Trustees The Trustees a￿ respc￿S1￿￿e for preparing Ihe Truslees Annual RoPKYt and the ffinancial statements In accordance wrth aFWi¢able law and regulation& Cryny law reqUI￿S the T￿Ste&S to tyep￿ finan(ial Slaten￿lS for eath fw]and81 Jwr. Under Ihat law the Twslee5 have elected lo prepare the fiftan(ial sL*ern8nts in accordanca United lQngd¢)m Generaiy Accepied At￿Unting Pracike (United l&rydom A&￿Unting Slandards and aPP￿CatIe 13wl. The financial statements are required by law to give a true and fatr tsryaw of the State of affars of the Charity and of the surplus or defial ofthe Charty for that In preparlbVJ these fin￿lia1 statwents. the Trustees are tequyed to.. select suitable ￿coun1¥79 ￿l[￿e5 and Ihen appty them 0)nS￿entr￿. make judgements and estimates that are ￿K￿able and pruden(. prepare the fin2nL?al staternents on the gcing rxnorn bass unless it is inappropr*te to pre$Un￿ that the Chartywdl continue in opernth(￿. Tha Trustees are responsib￿ for keepwig prcper act4wntwYJ rtcLYds vthlth di*tose wlth reasonable arLuracy al any tirrt Ihe finanua F*)Sitw of the C￿lty and ¥thich e￿a￿e them to ensure thal the financial statements compty with Companies Act 2¢Kfi. The Tru8lee9 are also resp)nslble for safeguarding the assets of Ihe Charity and hen(x for tsklng reas¢ywble sts￿ fwthe we¥enkn and deith offr8￿1 arKI other I￿egular1tie$. Page 8 V•lNSTOIIS WISH (A company limited by guarants?) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 In so faras the Trust￿ are 1. there is rKs Televanl audit inforn)akn ofwhich the Charivs auditors are unaware: and 2. IhÈ Tnjslees have laken 311 steps that they ought to have laken to make themselves aware of any relevant audit infornwlion and to establish that the audrtors are aware of that inf0m￿li0￿. Auditots Ha￿8¥*r￿)IS has be￿ wppjinied as auditOTS for ￿ endiThJ 31 2022 and Ilw hwe confimed their wllingness to continue kn offi¢x. Apwowj by order of ts mernbots of the lwd of Trustees on 6 IcS11 signed ffi their t*h&tyty. and el Purveur, Chair of Tvust••s Chair of Trustee5} Page 9 WINSTON'S WISH (A company fimlt•d by warantee) INDEPENDEiif AUDrrcAg'S REPORT TO THE UEMBERS QF MNSTON'S WISH Oplnlon We have audjted the financial 5tslen￿nts of Winskn)'s WTrsh ￿ the year ended 31 March 2021 which comprise the Slatement of fmancAai A¢tiVTb"e5. the B8kn￿ SheeL th8 Cash Statement and notes lo the flnancial statements, induding a surffl￿ry of ggnlfiwt ￿lunkn"n9 pdicies. The fiftanC￿ reKM)rting fr8rneworf( fftal has beert applied rn treir weparalron is 3ppll¢able l* * United ￿.￿gdoM Accountsng Standards. incjuding Fknancial Repo￿n9 Standard 11x2 the Financial ReFrfXting St8ThJard ap¥￿CaNe in the UK and Republic of Ireland (United Kw¥dom Gen&alty Ao¥ed Im￿n11ng Prw*l. In our opinion the financrd stalen￿ts.. glve a and fay of the state ol the Chwtsble Comp8nVs affairs as at 31 March 2021 and of its incon￿n9 resour¢e8 aFbJ sp￿￿tI)n of r￿urceS. ￿¥￿ Its In())Th￿ ext*ndilure, for the year then ended., have been property pr8pared in wxJydan¢¢ with un￿￿j ￿Tr3dOrn Genwaty Accepted Accounting ++• Pradice: and have been prepar￿ in accordan￿ wilh the re]wernents c< the cC*mp￿1es Act 2(K￿. the Charitie8 and Trustee Inveslmenl (SLxJllandl Act 2005 and regulatM 8 ofthe Ch*ilies Acts)vnts {Stx*land) Regulat6ons . (as amended). Bash lor opinlon Wa conducted our aLKfll in acc4)r￿ with IntematrCrf￿l Standards on Auditing (UKI IISAS (UK)) and applicable law. (￿r responsit4fiiies under Ihose slandards are further descn.bed in the Audttor's responsiblities for the audit of the financial stslemnts sethn of our rewt Wa a￿ ty￿ePendent of the CharilatAe Company in accordanGe with the ethica requireff*nts that are r*vant to cw wjdt of Ihe financ4al ststements in the UK, indudlng the FRC'8 Ethical St8n(l¥d. TAÈ fulfflled our other ett¥c81 resK#m$￿1l1I￿s in aCrL)rf8n￿ with these requirements. We believe that the audit 8¥th￿e have cthined is sufficient apFwcpriate to provlae a basis for our OF4n Concluslons rel•tI￿g lo golThg ¢on¢em We have notrthg to rewt ￿ respeL* of the matt￿3 in TBlation to W￿"Ch the ISAS (UK) reqLwre us to the t￿￿tee$. use of the going conc*m basis of xcowrtirg in tha preparation of the finandal statements not appropriate". or the Trustees have not dIsdo8￿ Hi the finandal staleft￿ts any Djentifioj moteri81 Uncertainl￿ that may ¢8St significant doubt al)out the compatys ablty to o)ntinue to adopt the going concern basis of accounting for a perKJd of al least Iwetrrfe months fr￿n the date ¥then Ihe financial slatements are aulhorised forlssue. Other Inforn)atlon The othar inf0rnm0￿ comwkn lthe Informa￿ in Ihe amual rewt, other than the financial statew￿nts and our 8uditorfs report Ihereon. The Trustees a￿ re8p)nsaAe for the other inform8tK)n. Our opinion on the fffja￿ statements does rw)t cover the 4)thw infonnattr)n aNJ, exept to the eKtenl othe¢vAse explicitly slated rn our report. we do not express any fonn of as￿ra￿e condu5ion thereon. In t)JnnedSon OLK audil of tho finarwl stateffl￿. to read the other infc¥mation and. In doing 80. consder whelher the other 4)fornwtion Is maleriaty inconsistent wllh Ihe filla￿a31 statements or our Page 10 WINSTopfs WISH (A rompany lkntted by guarnnteel INDEPENDENT AUDITOR'S REPORT TO THE ME&IBERS OF IW4STON% WISH ICOKTINUED) knowledge ¢)btaIn￿ in the avdil LY olF*Mise ap￿arS lo ￿ mater*lty n¥tsstsl￿. If ¥K idenllfy such matwial Inconsistencies or apparent rnater￿1 mi5Statements, VR arg requwed io determine whether there Is a malertal misslalernent in the fmancsaS ststemenis or a male(ial mi5Stalerrenl of the clher 1nfcwm8l￿. If. based on th8 rk we have perform￿￿. ￿ conclude that there 1$ a material misstatement of this other Information. we are iuwed lo rep)rt that fact We have nolhlng to rewl in Ihis regard. Oplnlon on othv matt•rs ple8c￿bed by thè Companies Act 2Q06 In our opinlory based on the wi*k undertaken in U* cowse ofthe authtr. the infotmation given in the Tnjstees. report whth ￿cludeS Ihe slrat4ic rèwt. foT the financial year for which Ihe financial ststemenls are prepared s (xx8istenl wth the finanfial slatements. and the Trv51ees' le￿t. ¥rtbith incbJde5 the strategic repjrt. has been prepared in accorfance with applicaNe legd require(r￿1& altern on which ￿ are requlred to Tel￿ by oxce&rflon In the light of the knowledge and undefStandiThJ of the ¢orryry and en4ironment oirtained In ts c(wrse of audlt. have ntst bJenlif*l mateiial n¥sstsleff*nts in Ihe Twstees. repo We have nolh#)g to report in respec& of the follcfiwng malt*5 in relakn to whth the Companies Act 2006 and the Charities Accowts Iscolland) Re9￿atfv￿S 20C6 {a5 amÈThJed) requires us to report to you if, in ouropinbn.. adequats ac£ounting re￿$ ha%&e rhjt been kept, or relums adequat8 for our audit have not hen reeeived from brdnches not wted by us.. or the financ￿1 sl*ments are not in 4reer[￿nI with the accountln9 records and retufns: or certain disdosures of Trustees. remunerat*Jn speufied by l&¥ are not m8de,' or we have not rKeiv$d all Ihe Info￿nati(￿ and exF4anati(￿$ we require for our aud¢ or RespoD811Jllltles of tr￿￿te3 The Tnjstees are responsible fDr the otheT Inf0m￿tiOn. As e>￿'ned more fufy in the Trustses. Responsrfolllties statement the Twsle8s {wtto we aTrsQ the Dirtejrn ol th& chantatrAe company foF the purposes of company law) are resF4)nsible for Ihe preparatbon ol the finanaal statements and for satisfied that they gwe a true and lalr ew, for s￿h inlemal cA)ntrol as the Tmslees delerrrine is n2￿Sary to enable the prepartion of financial statements that ￿ free frcm material ff#s¥tatemenL ¥Mher (*Je to fraud or ern￿. In preparing the finarKaaE st*ements, the Trustees are reSp¢￿￿ts[e for assessing the Chaftta￿e Comp8nls abllity lo continue as a g￿n9 cc4Kem, disdoslng, as apFknt4e. matters relaled to going (¥Jncem and using the goiftg con¢em basis of ￿Ounting vnless d)e Trustees erther intend to hquidate the ￿mpaThy or lo cease operdtion4 or have no realistsc all&nabve but lo (k) so. Page 11 NSTONE WISH (A comp•ny Ilmlw by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF WINSTON'S WISH (CONTINUED) Audlt¢rf$ re$ponslbllltle$ forthe •udit of the fihancial slatem•nts Our objectives are io obtain reasonable assurance abwl whether the fina￿1 51atemenis as a whote are fre8 fr￿ material mi$slatement. ￿ether due to frdu¢J or error. and lo issue an auditors report that indudes our oÈvnw. Reasonable assuran￿ is a hwjh leval of assLtrance. bul Is not g guarantee that an audrt conducted in accordance with ISAS (UK) V*ill a￿ayS delecl a material msstslement it exists. MSsstatements can arise from fr8ud or error and are ￿￿dered material if, indN*Juaty or in ihe aggiegate. they could reasonably be expecled to In￿enCe the e¢ot)onK of users taken on the l)asi5 of these finan¢ial statemnts. Irregularities. Induding fraud, are InStsn￿ of n0nwc0￿8ne£ with laws 2nd regulations. We design procedures in line with wr resP¢￿S1b1Iltie4 oullined alx)ve. lo detect materia mls5tale￿ntS in resm of irregularili&s, includin9 frO￿J. The extent lo wlxch our wccedures are capat4e of dele¢liThJ irregLHartbes, I￿u￿"ng IraL*J is We obtained an uThJerstsnding of the legal and reg￿atory (rnMe￿ aHAKable lo the charity finandal statements or that had a fundamenia effgra on the operatk)ns of the charity. We deterrnined that the most signifKènl laws ar￿ ￿g￿atIOnS induded UK GW. UK C￿TrpaNeS A¢t 2006, ano taxalbn laws; Wo asses*J the gJSCeFlibilty of the c¥JmpanVs finamal statements to matenal misstatèment. including h1￿ frwjd mtghl occur. Audrt procedures perforn￿d by the engagement ieam induded challenging assumptions and judgments made by management yi its signikant •xounting estimates idenlfying and testingiouma entries, in pafticjjlar ary soumal entriès pjsteil ￿th unusual characleri8t A further description of our resr*MSitMIit(es ts the audit of the fmancial ststemenls t5 Icuted ¢)n the Financial Reporting Counul's webslle at Y￿￿.1ra .uklauth"IoTsres onsits"lil*s. This description forms part of our Auditovs rekKrft. Use of our report This report is made solety to Ihe charitable caxr(JwVs rnen*Hs. as a l>)(ly, in acA)r¢fanc* wth Chapter 3 of Part 16 of the C%￿1panIeS Act 2¢J(kS, to the than&ble cofflpatys Tnjslees. as a body, in accordance wl Regulation 10 of the Charity knounts ISc¥)Uandl Regulatb)ns 20￿. Our a[[d￿ work has been undertaken so thal wg might slate to the Charitab￿ C￿npan￿8 members and Trustees those m*lers we are required to stale to them in an auditorfs reF￿ and for no other WFPCbse. To the fullest exlenl Femwtted by I￿, we do not accept or asgjme responsibility lo anyone oU)er than the thantabbe company. the c*art8tle companws members as a body and Ihe thaiitatjle con4)0￿S Trustees as a Ixvty, for our othlit worK for thi8 repoit or for the opinions we have formed. S¢ott Lawrenco FCA IS•nior st•tutory auditor) for and on behalf of Haziewoods LLP Chartered Ac(x)unlanls and Stabjlory Auditc staverton Court Slaverton Cheltenham Gloucester5hirp GL51 OUT Dalè: 11 o￿ober 2021 Page 12 WIMSTON'S WISH IA ¢I)mp￿Y limited by guarantee) STATEhlENT OF FINANCIAL A￿v￿Es (INCORPORATING INCOME AND EXPENDrruRE ACCOUNTI FOR THE YEAR ENDED 31 PIARCH 2021 Unrestrkw Restricted funds funds 2021 2021 Total fuMI$ 2021 Tolal funds 2020 Note IncoThe from: Oonab"on$ and legades CharitskAe activit￿S 1.296.101 142.411 387388 1,684.OB9 142A11 11359 2.239,444 180.403 13.047 Total inc<>rne Exp¢nditur¢ on: Raising funds Charitable actfv* 1850.471 387308 1.837,759 2.432.894 521.123 810.175 521,123 1394,012 586,001 1,668,293 483￿7 Total expendltu 1 J31,298 483W7 1.815.135 2.254,294 Not incom&lexpenditure) before n•t galnsl{losses) on Investments Nel gainsl{105ses) ￿ InveslnRnts 119.173 91218 {96.549) Z2,624 91,218 IT8,600 (35.201) 14 Nd mov¢m¢nt In funds Reconclliation of fvnds: Totsl funds brought kjrward Nel ￿errent in fuThJs 210J91 (96.S491 113042 143.399 18 964,969 210.391 355WO .549) 1,520,009 113.842 1. 176,610 143.399 Total fund¥ carried forwavd 18 1.175.360 258A91 IN33￿51 1,320.009 The notes on pa3e$ 16 to 34 fcm part of Ihese finam>aS *len*nl& Page 13 VIINSTON'S WISH (A Company Ilmlted by guar•Dts¢ REGISTERED NUMBER: 03329289 (England and Wales) BALANCE SH AS AT 31 TrIARCH 2021 2021 2020 Flx¢d a•8ats Tangible assets Investments 13 14 40.213 674.28S 51.146 477.352 614,49 528,498 Current assets Stocks D8blors Cash at bank and in hand 34,717 36,299 93.051 759.852 15 813.323 938,429 889,202 Creditors.. amounts falling duewithin year 16 (119.076) (97.691) Net cufftnt *1¥•t8 819A53 791.511 Total Del •¥sets 1A33.8S1 1.320,009 Chaiity fund$ Reslrtcled fiJThJs Unreslricled fvnds 18 18 258A91 1,175,360 355.040 964.969 T¢)tal funds 1N33051 1,320.009 The financial statements ￿ve been wepared in accordar•x th th8 F￿0￿310n5 appl￿b￿ to entitbes subjeci to the sm811 companies regime. The financial slatemnts apprrp*d and athho￿ for issue ty tho Tnjslees on 6 October 2021 and sig on their behall by". Nigel PuTheur Chalr The ncrtes on poges 16 10 34 part ofthese financial *lemenl& Page 14 WINSTOPIS WSH IA Gompany limiLed by guarnntsgl STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 l•lARCH 2021 2021 2020 Cash flows from operatlng activitte8 Net cash ¥￿vided by operating activ&ies 20 66.369 s￿,262 Cosh flobvs from inve8tlng actlvitie6 Dividends and interesl from invesln%nts Purchase of tsngIb￿ fixed assets Proceeds from sate of inveshnents Pur¢ha8e of investments Movement (m cath hehj for relnvestrwrt 11,259 18.4421 61,438 (68,544) 18.6091 13.047 191,448 {194.093J (4.089) Not ca8h (used inVprovld•d by Investing aclivibes (2.8981 6,313 Change In cash and cash equivalents In the year Cash and osh equivalents al ts begi)ning ollhe year 53.471 212,575 759,852 547.277 Cash and ea$h •qulval•Dts al th• •nd of the year 21 813,323 759.852 The notes on pages 16 to 34 fomi pgrt ofthese ffnancial st*l8nwts Page 15 WINSTON% MSH (A Company ￿miled by gu•Antse NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 G•neral Inf0m￿lOn Winsion's is a o)mpany limited IV guarantee (num￿. 03329289 England and wa￿5) and a registered charity in England and Wales and Scodand {numbers." 10S1359 and SC0411401. Its registered offix Bddress is 17 Roya Crescen[ Cheknhwn, GL50 3DA. Accounting policies 11 8a616 of preparation offlnancl•l st•tements The financi81 statsments have been prepar&J in ac£>ydano ¥￿th the Charths SORP {FRS 1021- Acwunting and Repming ty Charit*: Statement of ReconwrEnded Pracllce appllcable to Char￿￿$ preparing their aco)unts in aecordanr* 1p￿th the Financial Reportwig Stsndard applicable in the UK and Rep¢Jbl¢c of Irelarml (FRS 1021 (effe(*Ne 1 January 20191, Finanthal Reporting Standard apF4icth in the UK Republi¢ of Iwland (FRS 1021, the &Jmpanies Ad 2006 and the Charities AcI2011. Winston's meels thè deffiniih)n of a pU￿1C l)enefit under FRS 102. Assets al￿ liabilities are initiany re￿nised at h¢stortcal cost or tra1￿CtiOn value unless olhen4ry3e stated in the relevant accountino pdiq. 22 Golng concern The Trusttrs assess whether Ihe 4tse of goiThJ o¥Kem 1$ approwiate. l.e. wheltw thore are any material ￿n￿rtaintieS rdaled to a¥Bnts or canditions thal may ￿$t a signthnt doubt on the ability of the Charity to ￿ntinue as a going concem. The Trustees make this assessment in respect of a p6ri(>J of one year from the dale of approval of the financial stalen￿nts. On review, which includes a reyiew of the impact ol Co￿d-19 on fvt¢Jre inoxne Stream and events. the pipdlne of income, Inco￿ secured to dats. the fixed axl variable costs Ihe h&$, abng vAth Ihe acthons Ihe charity coukl take to redu¢* exparKrrture. the Trustees have tsJnt4th that they are to adtspt the goSng cA)nr*m baws in preparing tho ann￿ financial StaIeff￿ts. 13 Income All inCm￿ Is rerxgni5ed (￿ce the Chath has entiuernent to the income, ft i8 prc+)able Ih8l the income *fjll be recoved and the anyjunl of inoxne rgceNabte ¢an be measured rellably. The rwnibon of incom8 from legw is depentht eslabfthing entit￿Ment. the probability of receipt and Ihe abNty to eslirnate with sufficienl accuraty the amount r￿l¥able. EV￿$r¢e of enbllemwl to a legw exlsls th the Chafity has SLrffhient evidencE that a gift has been left to them Ilhrough kn￿ge of the eiistence of a v8fid will and the death ol the benefack*} and the executor is satlsfied that the rrtOFxty in queStm￿ will not be required lo satisfy claims in Ihe esiate. ReJ*ipl of a k8gaGy musl be reLxJgnised when rt i8 probat4e Ihal ￿ will bè receÉved and the fair value of Ihe ￿oUnt recetvablg. which genwaly be the exkxcled ￿$b amoLml lo be diStri￿ted lo the Charfty. C￿ be relkabty measured. Grants are included in Ihe Stalement of fffjanciat actiwties a recEIva￿e basis. The balance of incorrE reeeived lor spec4fic pUr￿Se$ bjl not expgnded durir@ the pericxj 15 shown in the relevant nds ￿ the Balance sheet Where irxxme is ffewed in adwance of entitlement of re￿IPt. its re0)gnIt¥￿ is deferred aThJ irLduded In crerfrtors as del￿ed incorre. Where entitiement ¢KCU r￿1p¢ dcrfthed Vofessi￿1 Services 8￿j fxilii63 are rec>)gnW ￿ Ihe basls of the value of Page 16 WNSTON'S WISH IA company Ilmtted by guarant&•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accountkng pofKle5 Icontlnued) 13 In¢on)• (continugdl Ihe gift lo Ihe Charity is the amount woutd have been lo pay lo obtsln 5ervEce8 or fau￿be$ ol eq¥JNaient e(>Jnc4nic benefll on the open market.. a coffespondlng amount is then rewgnised in expendilure Mi ofrn(*t InrxJThE from treinlng act1w￿5 1$ rwntsed T*then the tralnin9 t*es F4ace. 14 Expenditure All expenditure is accounted ￿der the acuuals a)￿ept Costs ￿ albcaied beiween charitable tosts and Ihe of raising fijnds. Offiee njnnlng costs h8ve tr*en approitioned acros5 these hthjings and ¥h*re apprcyTiate knto restrI￿ed expendtture, according to tr*st es(imale of usage. The irrttoverabse amount of VAT is included within the item of expense to which il relalé& 06preciation is all(￿le￿ to expenditure heathng$ on the basis of the use of the assets concemed. 2S Gov•mmentgrnnts Grants from govemmenl t￿eS are r￿ed for projects11￿sIS and are recognised acC￿dance Yth thdr indNiJual terms arKS ¢{￿ditIOns. In¢xrfne is reeognised when the Charity has enlidement to the fund5 which fis when any wf0m￿n¢t conditms aliached are mel, ¢t is probablè that the in¢cTh will be re(*ved and the arnount be reliaw measured. Granl income will bè deferred if received in advance of meeting perfomTrn￿ Conditx￿S or rf the funder sr*afically stsles Ihal Ihe incy)m may be sP￿t in a future a(totmbng F¢ritsJ. 2.6 Interest rn¢eivab Inleresl on funds held on deFK)8ti is ind￿￿ed kn r￿1val￿ and the amount 07 be measured reliaw by the Charity: I￿S 15 nomialty UF￿ nobfk7tiw ol intwest paid or payat4e by I Inslbtuknon with whom the fLmds are depostted. 2.7 Taxation The Charty Is exempt from (axal*)n on its i[K¥)￿ apF4ed exciu$Nety to L*witable purpose& 2.8 Tangibts f￿ad ass•ts and d•prKiation All expendthjre on acquisilth. enhancemenl, mluclion and Installatsc￿ and fixed assets received by way of donation we as fixed asset* assets ore staled ￿ ihe Balanco sh￿ al cost less dep￿CIali0n. or in respect of dc￿Sted assets, at esumated value at the dale ol donat*)n P¥Je 17 WINSToifs YIISH IA Gompany limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ￿RCH 2021 Accountlng polici•s (￿ntInu•d) 2A Tanglble I1x￿ assets and depreciatlon {conti1M￿dI Deprec￿110￿ is tharged so as lo alk)cale the cost of tanglile fixed assets less thar residual value overthew esiimaled useful liveg. using Ihe strdigh14wR rrtth(MJ. Depreckgticffl B w0￿ded on the f(11￿1ryn9 ba￿. Leasehold improvem Flxlures and fitttngs Conyrterequipment 15% 25% 2A Invostmants Investments ￿sted m a tecognssed stock exL*ange are stated at rTh&rr%rkel value In the Balanc SheeL All movements in Wdhje anslng frorn thanges and revalu8tK*￿ are Ir*cluded rn the Statement of FinancJal Activilies. 110 StOGk6 Slod( 15 valued at the l¢)wer ot c￿1 and net rea￿Sable vahje. Cost is represented by purchase price. Nel realisa￿e walue is eslin¥gted sdling pnce less fvrther costs ex[￿ted to ba incurred lo nwetion and disp¢wl. 2.11 Debtors Trade. oiher debt￿ ￿ &)7ued we recognised at the seltlament ￿OUnt after any tradg discwit offered. Prepayrrth aTe valued at the anxwnt prepaid net of any trade dIs￿unts due. 112 Cash at bank and kn hand Cash at bank and In hand Inthles cash and short-temi INJu*l in¥estsm8nts wlth a short maturity of Ihree nwiths or less from the date ofacwisitth or q￿Ing ¢f the depc*rt or similar accA)unt 2.13 Llabllltles and provlslon9 Credllors and provi&ons rtc*gni5ed wh* the Chaty a present obligat*)n resutting from • pa81 e¥enl that will probatrAy rfjsu￿ in the transferof funds lo a third paty and Ihe amount due to set￿e the O￿lgall(￿ Gan be measured ￿ estimated rel￿bty. Creditors and provisions are normally rec¢gnised ai their SetUen￿ amount after tTrde disctsjnts due. 114 Financlal Instrumenls The CPk8r¢ty only has fina￿la1 assets and flnaTh?d liab￿rt￿ of a kiid Ihat quafify as basic finaThial instrurnents. Basic finanaal instruments ae Inwy reLwnised at trarwtion value and subsequenty measured at thefjr seltlemenl value. 2.15 o￿lIting leas¢s The c05t of ènd income from operallng ￿aSeS is charged and ct&frted to the Stalemenl of FIn￿rIal Activities on a strapjhl line basis over the lease te Page 18 VIINSTOWS WISH IA company 16mltod by guarants• NOTES TO THE FINANGIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢countlng ￿1¢10$ Icontlnued) 2.16 PenfA¢)n8 Conlnbuli¢Jns payat4e on behalf of empbayees to the defined contributton pens*)n scheme are charged to the Statement of Financial Acts"vit*s as they beo)me payable In atxordance wlh the wles of the ￿heMe. 2.17 Redundancy Redundancy (x)sts arise from Ihe F￿(￿[C revie4A of staffing levels ald are charged lo the Statement of Finanual A¢livities in the year in wt)￿J) Ihe Ch81ty is demonstrably commi118d to the employee leaving ￿ Charity. 2.18 Fund a¢counting General fvnds are unrestrirAed funds whKh are avadable for use al the distxetion of the Trustees In fvrtherance ol the owal ci¥ectives of the Charity and *thich have not been deggnated for oth PUTposes. De￿9￿a￿d funds comwlse un￿$trI￿￿ funds that have been set aslde by Truste88 for particular purF4)ses. The aim arvj use of eath clesign*d fvnd 1$ 8et in the rntes lo the finantyal staiernents. Restiicted funds are lur￿ which are to Ix used in acc£rfdatKX wilh speofic restrictions hllFK)sed by donoTS or whth have l)een raise(I by the Charity for particular The aim ar￿ use of e& rest[Kt￿l fund is set out in the notes to the rmaTr￿al ststerTren Crltkal a¢Gounting estirnat•s and •reas of Judgement Preparation of the flnanclal stal8ff*fbts requires management to mak8 judgements and esllmales. The Trustees cons*Jer that there are no matetiJ judgements in apFlwng accounting or key sources of e5tlmalon uncertainty. Page 19 WINSTON'S MSH (A company limited by guarantee NOTES TO THE FINANCIAL STATEklENTS FOR THE YEAR ENDED 31 MARCH 2021 Income from donatiom WMI legacies 2021 2020 Donatlons Indiv[d￿$ and Individ￿¥1 Fwhlrni8erg Companies Challfable Founda￿￿$ Grants and from Slaiutory Authtythes 728.162 210.fj53 468,277 176.1x13 1.073, 705 341.370 573.519 223,834 1,583.095 2.212.428 Legacies Govemmenl grants.. C(xonavirus Job Retention Sd*me io.ooo 90,994 27.016 1,664.089 2,239.444 Ofthe Inwma Irrxn donalions and l¥des £387288 (2020.. £895,L712J was restJKted. Incom• from ch•rllabl¢ a¢tivitie• 2021 2020 ProviS￿n ofClir¥cal serv￿ and T￿nIng Sales of Publicathns and Resowr 32,700 1119,711 42.823 137.580 142,411 180.403 All fKxJme fr(xn L*witable acfvilies is unrestsided. Inv•$tm•nt Income VnY•slr•cted nds 2021 Total funds 2021 Tolal fvnds 2020 IncM)m from Invesl￿Ats Bank Inleyest 10.770 10,770 489 11,803 1.244 11.259 11.259 13,047 Page 20 WINSTOKS bMSH {A ¢￿1P￿nY (Imit￿ by gvAf*n¢¢el NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ￿RCH 2021 Expendlture on raising funds Costs of rals5ng volunlary Income Unrthrfcte funds 2021 Total fvnds 2021 TL* fiJnd$ 2020 Costs of ra1£w￿3 vdunlary cosls Costs of raising voluntsry *x￿-Wa9eS arKi sal¥ries Costs of rai￿n9 volunw incC￿. depre￿ation IoGaled centr*ty Nicur￿d fundraiwng and go¥ern8nce costs 129,503 288,386 3,875 129,503 288.386 3,875 183.327 329.683 4,293 99.359 99,359 68,698 521.123 521,123 586.001 with￿ the aLxwe "Costs of raising vc4w*ary Irwrn - other ￿Sts- are direct costs of fundraising of £68,054 and an 4localed pr¢)wJrtw)n Of0ffi￿ ovetheals and admin costs of£61.449. The figure for "All￿ted ￿ntraIty Incurred fvndraigng and govern￿￿ costs. cover it￿5 such as additiona support staff wages thre a pucfjntage has apF4ied to fundralsing &tivitiès. These are not direct costs of fvhdra1￿ng bul, in line Ihe Clwities SORP. are altocated central costs. Anlfysls ol expenditure on charttablo activftles Summary by fund type Unre¥tricted Restricted fvnd5 2021 Total funds 2021 Tolal funds 2020 2021 RegIOr￿ Admties National PnJgr8mnws 935,912 732.381 810,175 483.837 1.294,012 810.175 483.837 1294,012 1,668,293 Total 2020 752.743 915,550 1.668,293 Page 21 NSTON'S WISH Jel irnplmnted in 2020. ￿21 alt acthitses are now deemed to have national reach and henc* are shown as nation81 prL¥ramm8s. For lxvnparison year on year. the totals should be c<¥)sldered. Art8￿1$ ofdlrect colts Roglonal N•tlonal Actlvities Progrnmmes 2021 2021 Total funds 2021 Total funds 2020 Staff o)sls Oepreciatfv Other ( e68,637 12.982 329.603 668,637 12,982 329.603 1,012, 146 13. 181 417,387 1,011,222 1011,222 1.472. 714 TO￿ 2020 826. 192 646.522 1.472,714 Page 22 NSTONE WISH {A Company limlted by guarantse) NOTES TO THE FINANCIAL STATEAfjENTS FOR THE YEAR ENDED 31 MARCH 2021 Anatysls of charitab￿ a¢llvlll•$ exwndlturn Iconlirnwl) knalysis of support co¥ts Reglonal Natlonal Activitie8 Programmes 2021 2021 Total funds 2021 Total funds 2020 Slgff costs Depreaatson Olher eosts Audilorfs remuneralit 251,369 251J69 1I64 22,556 7,IJ01 152.859 32,890 7,￿1 282.7 282.790 195,579 Total 2020 109.720 85.859 195,579 Included wittmn surwt costs we: Govemance Costs 2021 2020 Au¢ltorf$ reM￿￿rati Trustees. ctsts Other Staff cosls Alk)caled supth costs and dewecia 9.461 1￿70 13 25,42S 388 7. 122 5,IC 26 30,8qO 6.936 37.157 49.994 Audllols remtsnèrnth)n 2021 2020 Fees payable to the ChWs a￿lI10r forthe audrt of the anwal 7,800 Page 23 NSTOlfS WISH (A cntlnued Statement of funds . current year {eonfinu•dJ Balanc• at 31 March 2021 Balance al 1 Aprfl 2020 Trnnsfora Inlout Gainsl (Lo$$e8 )comt Expendlturn JESCP Jo￿1 Emergency Charitable Partemership St James Plac* Fovndalion {exi5itirrfJl John Lyons Charity Brighton and Hovfj Pan Sussex The Emest Kleinwort Charitsble Trust Gloucestetshire CCG <£15k?￿l < £15k2020 66.674 160,000) (22251 62,110 (N,7101 23.400 30,000 (28h871 1.513 qs,000 (7AOO) 20.000 l¥J,000) 75000 109A41 s￿00 (7S,000) 183,969) (TS,9221 25,472 35.326 106,247 355,040 387288 (483,8371 258.491 Total of funds IJ2Q009 1.837,759 {1.815,1351 91318 rf,433,8SI Pa9e29 WINSTON'S WISH IA Company Ilmlied by guarantso) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 1& Statement of funds (ContIn￿ed? Statsm•nt of lunds- prlor year Balance at 31 March 2020 8818nGe 81 l AwI2019 Galn (Lo￿8S) Income Exp8ndRure Unrestrfcted funds General 801.022 1.537,892 (1.338.744) (3S201) 964,969 Reslrided funds BBC CFuldren in Ne Masonic Charitable Foundation Wigan Family Wdfare Inc( cheCkn￿le Limited Kyslantcharitable Trust JESCP st James pla￿ Foundalion