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2020-10-31-accounts

AXMINSTER HEALTH & WELLBEING CENTRE (A company limited by guarantee)

REGISTERED CHARITY No: 1064307 COMPANY No: 03265670

ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2020

AXMINSTER HEALTH & WELLBEING CENTRE

INDEX
Trustees' Report 1
Independent examiner's report 6
Statement of financial activities 7
Summary of incoming resources 8
Summary of outgoing resources 9
Balance sheet 10
Notes to the Accounts 11

AXMINSTER HEALTH & WELLBEING CENTRE

TRUSTEES' REPORT FOR THE YEAR ENDED 31 October 2020

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the methods and principles of the 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).

LEGAL AND ADMINISTRATIVE INFORMATION

Axminster Health & Wellbeing Centre is a company limited by guarantee and is a registered charity.

The Charity Commission registration number is 1064307 and the company registration number is 03265670.

Principal address and registered office:

Hanover House, Chard Street, Axminster. EX13 5DZ

Professional advisers:

Independent examiner:

Rosy Jeffery Ltd, The Loft, Unit 11, Hunthay Business Park, Axminster, Devon. EX13 5RJ

TRUSTEES AND GOVERNANCE

The trustees in office during the year were:

Gillian Perrow : Chairperson Simon Larkin : Trustee Melissa Taylor : Trustee/Treasurer Sarah Shepley : Trustee (appointed 10 February 2020)

All trustees are also directors of the Company.

1

AXMINSTER HEALTH & WELLBEING CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2020 (continued)

Structure, Governance and Management

The Trust is constituted as a company and the governing document is the company's Memorandum and Articles of Association.

Officers of Axminster Health and Wellbeing Centre are elected from the trustees at each Annual General Meeting. This year the officers were:

Chair person –Gillian Perrow Treasurer – Melissa Taylor

Objectives and Activities

Objects of the Trust

The objects of the Trust are:

To promote to everyone the relief of sickness and the preservation of both physical and emotional good health through education, natural healing and complementary therapies.

Strategy

To achieve these objectives, our current strategy is:

To promote the education and awareness of the public in the understanding, use and application of the aforesaid healing and therapies. In this way, the Centre fulfils its responsibility to offer insight and education to the public through its provision of talks and workshops and classes in a variety of subjects.

The Centre meets its requirements for service to the public, by supporting a wide range of complementary therapies and healing to those in the community who ask for something over and above that offered by the NHS, in an effort to restore their sense of well being. This service is open to all regardless of race, creed or financial position.

2

AXMINSTER HEALTH & WELLBEING CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2020 (continued)

Achievements and performance

Events and Talks

Tea and cake sale

Drop in information sessions delivered at Axminster Library Drop in information sessions about complementary Therapy and Holistic Movement delivered on-site. Links made with Project Food to deliver food project Link made with local business to deliver Christmas project Book shop set up

Food Bank :

The Food Bank has assisted very many more households than usual. There has been immense support from the community either by way of giving food and money or by way of taking supplies to housebound individuals. Schools, churches, individuals and social groups have been very generous.

Food Bank has in the region of 10 dedicated volunteers who ensure its smooth running.

Wellbeing Services for All Project:

Over 30 people have registered for the scheme in this period and have benefited from sessions either via video platform or in person (COVID safe)

Worked with Ways to Wellbeing.

Room Hire:

When possible, we have hired out our rooms for the delivery of complementary therapy and movement classes.

Therapists:

The following are practised at the Centre.

Acupuncture, Aromatherapy, Aroma Reflex, Indian Head Massage, Lymphatic Drainage Massage, Bowen Therapy, Energy Healing, Counselling, Solution focussed Hypnotherapy, Clinical Hypnotherapy, Nutritional Therapy, Allergy Testing, Cranial Osteopathy, Osteopathy, NLP, Homeopathy, Ear Wax Microsuction Removal, Spiritual Energy Healing Cranial and Physical.

Yoga, Pilates, Mindfulness, Qigong, Tripudio and Meditation:

We have switched to an online platform for the delivery of Mindfulness, Tripudio, Pilates and Yoga. Qigong has taken place in the garden.

Volunteers:

Regular volunteer support, gardening and re-modelling, painting and decorating, receptionist duties, minor works to the building, projects and social media.

Workshops

Due to COVID we have not been able to run any workshops on-site.

3

AXMINSTER HEALTH & WELLBEING CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2020 (continued)

Read Easy

Some coaches and readers have been able to meet using outdoor locations.

Building improvements

Garden has been tended by a team of volunteer gardeners. Building within Health & Safety regulations and insured. Fire Extinguisher inspection. New thermostat for the heating system.

Donations and grants received during the year

There have been donations from individuals, churches and local organisations.

Foodbank donations
Wellbeing Services for All client contributions
Major grants
January
Reaching Communities Therapy and Movement Project
April
EDDC Business grant
October
Keeping Well Food Project Funding
6,073.00
£
1,200.00
£
10,532.00
£
10,000.00
£
9,900.00
£
30,432.00
£

Charity CPD:

Continued to develop our vision, mission and delivery of projects in the context of a pandemic. Liaised with Complementary Therapy and Natural Healthcare Council, Devon County Council and charity organisations similar to our own.

People outcomes

Better informed about wellbeing options, better able to take responsibility for own health, more positive about opportunities, more choice, reduced isolation, better balance, better relationships, improved self esteem.

Community outcomes

Greater awareness of complementary health, improved social cohesion, more effective engagement with complementary therapy, more integrated complementary health and wellbeing provision.

4

AXMINSTER HEALTH & WELLBEING CENTRE

TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2020 (continued)

Financial Review

The result for the year is a net gain of £33,329.

Reserves and reserves policy

The total reserves of the company are now £126,449 compared to £93,120 at the start of the year. Of these reserves, £65,408 relates to the company's freehold property and £22,544 is the balance sheet date value of the quoted investments. Those investments are retained to produce an income to assist in meeting the regular expenditure and maintain a modest balance at the bank.

Signed on behalf of the Trustees

Gillian Perrow, Chair Date:

5

AXMINSTER HEALTH & WELLBEING CENTRE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

I report on the accounts of the company for the year ended 31 October 2020 which are set out on pages 7 to 11.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants in England and Wales.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2011 Act;

follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and

state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commision. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect, the requirements:

to keep accounting records in accordance with section 386 of the Companies Act 2006; and

to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the 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)

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed Adrian Harris FCCA Rosy Jeffery Ltd Chartered Certified Accountants

Date: 31 March 2021

6

AXMINSTER HEALTH & WELLBEING CENTRE

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 OCTOBER 2020

Incoming resources
(page 8)
Resources expended
(page 9)
Gains/(Losses) on Investments
Net incoming /(outgoing) resources
Funds brought forward 1 November 2019
Transfers between funds (note 6)
Funds carried forward 31 October 2020
2020
2019
Restricted Unrestricted
Total
Total
£
£
£
£
6,073
65,550
71,623
35,475
4,785
33,871
38,656
45,793
-
362
362
1,682
1,288
32,041
33,329
(8,636)
3,811
£
89,309
£
93,120
£
101,756
£
-
-
-
-
5,099
£
121,350
£
126,449
£
93,120
£

7

AXMINSTER HEALTH & WELLBEING CENTRE

SUMMARY OF INCOMING RESOURCES YEAR ENDED 31 OCTOBER 2020

Incoming resources
Donations and gifts
Fundraising events
Grants
Room Rental
- therapists
- others
Sundry income
Canned Sunshine
WBSA client contributions
Mindfulness
Investment income receipts
Bank interest
Dividends
Total incoming resources
2020
2019
Restricted Unrestricted
Total
Total
£
£
£
£
-
6,758
6,758
3,222
-
112
112
702
-
39,690
39,690
-
-
11,048
11,048
16,566
-
5,215
5,215
9,109
-
239
239
427
6,073
-
6,073
2,576
-
1,200
1,200
2,063
-
560
560
-
6,073
64,822
70,895
34,665
-
5
5
1
-
723
723
809
-
728
728
810
6,073
65,550
71,623
35,475

8

AXMINSTER HEALTH & WELLBEING CENTRE

SUMMARY OF OUTGOING RESOURCES YEAR ENDED 31 OCTOBER 2020

Charitable activities
Repairs and maintenance
Insurance
Light, heat and water
Rates
Centre events
Fam Wellbeing
Low cost wellbeing - WBSA
Hardship fund
Canned Sunshine (restricted)
Fundraising and Publicity
Advertising
Website
Management and administration
Office expenses
Telephone
Cleaning and sundry expenses
Accountancy & bookkeeping
Equipment depreciation
Staff training
Admin wages & associated costs
Travelling
Total outgoing resources
2020
2019
Restricted Unrestricted
Total
Total
£
£
£
£
2,041
2,041
3,180
549
549
1,010
1,991
1,991
1,840
391
391
748
-
-
211
-
-
-
2,325
2,325
6,965
-
-
-
4,785
4,785
1,313
4,785
7,297
12,082
15,267
-
440
440
60
115
115
480
-
555
555
540
2,194
2,194
440
520
520
434
1,081
1,081
3,199
1,735
1,735
2,450
36
36
48
-
-
-
20,385
20,385
23,415
68
68
-
-
26,019
26,019
29,986
4,785
33,871
38,656
45,793

9

AXMINSTER HEALTH & WELLBEING CENTRE

BALANCE SHEET AS AT 31 OCTOBER 2020

Notes
Fixed assets
Tangible assets
2
Investments
3
Current assets
Debtors and prepayments
4
Cash at bank and in hand
Creditors: amounts falling due
within one year
5
Net current assets
Total assets less current liabilities
Net assets
Funds
Unrestricted
6
Restricted
6
-
39,313
39,313
923
2020
£
65,515
22,544
38,390
126,449
126,449
121,350
5,099
126,449
88
4,550
4,638
752
2019
£
65,551
23,683
3,886
93,120
93,120
89,309
3,811
93,120

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsiblities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Signed on behalf of the Trustees

…………………………..

G M Perrow, Chair

Approved by the Trustees on

10

AXMINSTER HEALTH & WELLBEING CENTRE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2020

1. Accounting Policies

The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There have been no material departures from Financial Reporting Standard 102.

Tangible fixed assets are stated at cost less depreciation to date. Depreciation is calculated to write off the cost over their effective useful lives using the straight line basis and the following annual rates:

Equipment

25% reducing balance

No depreciation has been charged on the freehold property, which is well maintained and all costs of repairs and improvements are charged as direct charitable expenditure when incurred.

Income is the total amount received by the company in donations, charges for use of the facilities and income from fund raising events.

Expenditure is recognised when a liability is incurred. It is considered that all the expenditure is directly for charitable purposes with the exception of the office finance costs and promotional expenses.

2. Tangible Fixed Assets

Tangible Fixed Assets
Cost
At 1 November 2019
Additions
At 31 October 2020
Depreciation
At 1 November 2019
Charge for the year
At 31 October 2020
Net book value
At 31 October 2019
At 31 October 2020
Freehold
Equipment
Property
Total
£
£
£
7,711
65,408
73,119
-
-
-
7,711
65,408
73,119
7,568
-
7,568
36
-
36
7,604
-
7,604
143
65,408
65,551
107
65,408
65,515

11

AXMINSTER HEALTH & WELLBEING CENTRE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2020

3. Investments

Market value at 31 October 2020
COIF Fixed Interest Fund 8,834.63 units
COIF Investment Fund 398.01 units
COIF Investment fund 203.27 units
4. Debtors
Sundry debtors
Prepayments
5. Creditors: amounts falling due within one year
Trade creditors
Other creditors
2020
2019
£
£
12,454
12,363
6,679
6,546
3,411
4,774
22,544
£
23,683
£
2020
2019
£
£
-
-
-
88
-
£
88
£
2020
2019
£
£
-
-
923
752
923
£
752
£

6. Funds analysis

Restricted
Hardship Fund
Wishing Well Fund
Canned Sunshine Fund
Unrestricted
General fund
Total funds
Balance
Transfer
Incoming
Outgoing
Balance
1.11.19 between funds
Resources
Resources
31.10.20
£
£
£
£
£
-
-
-
-
-
1,480
-
-
0
1,480
2,331
-
6,073
(4,785)
3,619
3,811
-
6,073
(4,785)
5,099
89,309
-
65,912
(33,871)
121,350
89,309
-
65,912
(33,871)
121,350
93,120
-
71,985
(38,656)
126,449

12

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Signature 1

Signed by Gillian Perrow using authentication code eC5LYiYoXEVxcG8v at IP address 86.186.149.74, on 2021/04/15 18:00:08 Z.

Gillian Perrow's e-mail address is: gillianperrow@btinternet.com.