BLUE SKY TRUST
REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021
Charity Number 1068701
BLUE SKY TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees annual report | 1 to 5 |
| Independent examiners report | 6 |
| Statement of Financial Activities (including | 7 |
| income and expenditure account) | |
| Balance sheet | 8 |
| Notes to the financial statements | 9 to 19 |
BLUE SKY TRUST
TRUSTEES ANNUAL REPORT For year ended 31 March 2021
The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2021.
The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, 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).
1. Objectives and Activities
The charity seeks to support and connect people living with HIV to improve health and wellbeing. It also raises awareness of HIV to reduce HIV stigma and discrimination and empowers young people to make safe and healthy relationship choices through its Think For Yourself project. They serve the geographical areas of Tyne & Wear, Northumberland, Durham and Cumbria.
The charity’s activities are aimed at benefiting the public as follows:
-
(1) One-to-One Support Services: Since 1992, staff and volunteers provide personalised support to people living with HIV in their own homes and in the community. Support is aimed at helping people come to terms with an HIV diagnosis, boosting confidence and self-management skills and improving health and wellbeing. Peer mentors form a crucial part of this service, providing timely interventions that strengthen resilience and give hope for the future.
-
(2) Adult Peer Support: Interaction with others who are coping with similar life challenges can represent a huge step toward reintegration for those affected by HIV. Blue Sky Trust host a thriving HIV community that connects people through a variety of support groups, workshops, special interest groups and trips in a safe and confidential environment to develop friendships, learn new skills and become confident and equipped for life with HIV.
-
(3) Children & Families: The Soundroom project enables children and young people, whether affected or infected, to discuss and learn about HIV and gain support from their peers as well as receiving one-to-one support from our team. The project builds resilience and confidence in young people..
-
(4) Personal Development: Blue Sky Trust provide workshops, newsletters and webinars on topics such as mental wellbeing, knowing your rights and HIV updates to educate and support the personal development of people living with HIV.
-
(5) Volunteering: Blue Sky Trust provide a range of opportunities, predominantly for people living with HIV, to participate in and develop the projects at Blue Sky Trust. This includes peer mentoring, delivering training, sharing their experiences, running peer support groups, improving our service, developing resources and taking part in our stigma taskforce. Through participation, volunteers develop confidence, knowledge and skills.
1
BLUE SKY TRUST
TRUSTEES ANNUAL REPORT For year ended 31 March 2021
-
(6) Mental Wellbeing Project: the charity seeks to minimise the negative impact of HIV (and Covid-19) on the mental health of people living with HIV through timely interventions that educate, support and connect people.
-
(7) Empowering Members Project: through initiatives such as a Stigma Taskforce, Blue Sky Trust mobilise people living with HIV, as well as members of the public, to challenge HIV myths, stigma and discrimination through campaigns, events and training. They also ensure people living with HIV are 'heard' through encouraging contributions to research and consultations as well as sharing their stories through social media and other outlets.
-
(8) Relationship and Sex Education: Think For Yourself deliver bespoke educational sessions that empower young people with the information, skills, confidence and resilience to make safe and healthy choices about sex and relationships. The education addresses risk-taking behaviour with a focus on the safe use of media and technology. These are delivered in schools and youth organisations.
2. Achievements and Performance
Achievements in 2020-21
Despite the impact of the Covid-19 pandemic, Blue Sky Trust continued to provide a comprehensive service supporting and connecting 160 people living with HIV. One-to-one support increased, particularly over the telephone, as the team supported people isolated at home.
Volunteers were given mobile phones to continue their important role as peer mentors and the volunteer input significantly increased to 1,900 hours in 2020-21
Webinars were trialled for the first time and proved popular, particularly for those who are afraid to meet in peer support groups and those who live further away from our centres and peer support groups and courses moved onto zoom.
Funding was secured for hardship payments, helping 11 individuals. Activity packs were sent out to 85 recipients to relieve boredom and 8 emergency parcels were distributed. Covid-safe meets ups continued when allowed.
Plans for 2021-22
Blue Sky Trust support the HIV Commission's goal to end HIV transmissions by 2030. Therefore, they will continue to support and connect people living with HIV with the aim of encouraging adherence to HIV medication and improved wellbeing and self-management. They will also work with colleagues to support people who are not-adhering to medication or not engaging with healthcare. They will also contribute to fast track city work to reduce new infections.
As Covid risks change, Blue Sky Trust will adapt to ensure the safe delivery of services, with a particular focus on the most vulnerable. They will use learning from Covid to improve services such as continuing to provide some services online and some face to face.
2
BLUE SKY TRUST
TRUSTEES ANNUAL REPORT For year ended 31 March 2021
Blue Sky Trust will develop the Stigma Taskforce initiatives to challenge stigma and discrimination by offering more HIV awareness training in the community. They will also improve access to HIV services for people living with HIV.
Blue Sky Trust will continue to develop the geographical reach of Think For Yourself, offering workshops in Cumbria.
3. Reference and administrative details of the charity, its trustees and advisors
Charity Name Blue Sky Trust
Registered Charity 1068701 Number Operational address Castlegate Melbourne Street Newcastle upon Tyne NE1 2JQ Trustees Dr HM Mcllveen Chair H Weatherly Dr DW Golding M Proud Independent Jim Dodds Examiner Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Bankers Unity Trust Bank Plc Nine Brindley Place Birmingham B1 2HB
3
BLUE SKY TRUST
TRUSTEES ANNUAL REPORT For year ended 31 March 2021
4. Structure, Governance and Management
Governing documents
Blue Sky Trust is a registered charity, number 1068701, registered 17 March 1998 and governed by a Declaration of Trust dated 12 March 1998.
Appointment of Trustees
Trustees are appointed by a resolution of the Trustees.
Organisation
The Trustees meet with management every six to eight weeks to review policy, monitor performance and consider future plans. All new ventures and strategic decisions are reviewed to ensure public benefit requirements are met and are approved by the Trustees before being implemented. Regular advice and guidance is given to management by Dr McIlveen, but generally day-to-day decisions are made by management with regard to current projects and activities.
Risk management
Major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitigate these risks. The charity continues to seek funding from a wider variety of sources to minimise risks associated with major funding being withdrawn or significantly reduced. Risks associated with COVID-19 are under constant review including their impact on finances, services and workforce.
6. Financial Review
Blue Sky Trust is primarily funded by grants and contracts. The total income for the year was £213,651 (2020: £201,104). This income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice.
The Statement of Financial Activities for the year ended 31 March 2021, shows a surplus across all funds of £15,116 (2020: £2,486).
The Balance Sheet at 31 March 2021 shows total funds carried forward of £115,307 (2020: £100,191) of which there are £27,577 restricted funds (2020: £47,496).
New sources of funding are continually being sought, mainly from charitable trusts, and existing relationships with local authorities and primary care trusts are being maintained, to enable Blue Sky Trust to further the support and education it provides.
Reserves policy
The trustees have reviewed the charity’s reserves policy and have agreed to retain sufficient funds to cover salaries and administration costs for four months, whilst trying to achieve a surplus to provide improvements to the existing services and allow new and extended activities when required. At the balance sheet date, reserves, adjusted for restricted funds, equated to approximately four months’ costs. The Trustees believe this creates a firm
4
BLUE SKY TRUST
TRUSTEES ANNUAL REPORT For year ended 31 March 2021
foundation to ensure stability during the current economic downturn and hopes to maintain these reserves and build upon them in the next financial year.
In 2018-19, the Trustees made specific calculations for a Legal Liability Reserve, to cover redundancy and closing down costs. At the financial year end, 31 March 2021, this figure was £29,815.
7. Public Benefit Statement
The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. The trustees have also reviewed the charitable purposes of Tyneside Outdoors, and the external environment, to make sure the Charity is still relevant and needed. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.
8. Statement of Trustee Responsibilities
The charity trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The charity trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the trustees are required to:
-
Select suitable accounting policies and apply them consistently;
-
Observe the methods and principles in the Charities SORP;
-
Make judgements and estimates that are reasonable and prudent;
-
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on ……………………. and signed on their behalf by:
Dr HM Mcllveen
5
BLUE SKY TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
For the year ended 31 March 2021
I report on the financial statements of Blue Sky Trust for the year ended 31 March 2021, which are set out on pages 7 to 19.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the 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 material matters have come to my attention which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jim Dodds Connected Voice Business Services Limited Higham House Higham Place Newcastle upon Tyne NE1 8AF Date:
6
BLUE SKY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 March 2021
| 6 7 Other trading activities 8 Expenditure on: 9 10 Total funds carried forward Reconciliation of funds Total funds brought forward Notes Total income Donations and legacies Income from: Charitable activities Grants and contracts Raising funds Operation of the charity Total expenditure Net income/(expenditure) Transfers between funds Net income/(expenditure) and net movement of funds Charitable activities |
Unrestricted Funds £ 9,207 111,628 4,192 125,026 8,251 100,808 109,058 15,968 19,067 35,035 52,694 87,729 |
Restricted Funds £ 99 86,188 2,338 88,625 176 89,301 89,477 ( 852 ) ( 19,067 ) ( 19,919 ) 47,496 27,577 |
Total 2021 £ 9,306 197,816 6,530 213,651 8,427 190,108 198,535 15,116 - 15,116 100,191 115,307 |
Total 2020 £ |
|---|---|---|---|---|
| 11,185 175,689 14,230 |
||||
| 201,104 | ||||
| 6,339 192,279 |
||||
| 198,619 | ||||
| 2,486 - |
||||
| 2,486 97,705 |
||||
| 100,191 |
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 9 to 19 form an integral part of these accounts.
7
Charity Number 1068701
BLUE SKY TRUST
BALANCE SHEET
As at 31 March 2021
| Current assets Debtors 17 Cash at bank and in hand 18 Total current assets Creditors:amounts falling due within one year 19 Net current assets Total net assets or liabilities Funds of the charity Unrestricted income funds Restricted income funds Total funds Notes |
£ 1,420 120,424 121,843 ( 6,537 ) |
Total 2021 £ 115,307 115,307 87,729 27,577 115,307 |
£ 2,455 106,489 108,944 ( 8,753 ) |
Total 2020 £ |
|---|---|---|---|---|
| 100,191 | ||||
| 100,191 | ||||
| 52,694 47,496 |
||||
| 100,191 |
The notes on pages 9 to 19 form an integral part of these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by: Dr H M McIlveen Chair
8
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
1 Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
2 Basis of accounting
2.1 Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Blue Sky Trust meets the definition of a public benefit entity under FRS 102.
2.2 Preparation of the accounts on a going concern basis
The charity reported total unrestricted funds at the year end of £87,729 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.
In particular, in response to the COVID-19 pandemic, the Trustees have revised their forecasts to take into account the impact on the business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.
3 Income
3.1 Recognition of income
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
3.2 Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
3.3 Grants and donations
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
9
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
3.4 Donated goods and services
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.
3.5 Volunteer help
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
3.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
3.7 Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in donations and legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
3.8 Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
3.9 Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
4 Expenditure and liabilities
4.1 Liability recognition
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
4.2 Charitable activities
Expenditure on charitable activities includes the costs of delivering one to one support and other activities undertaken to further the purposes of the charity and their associated support costs.
10
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
4.3 Governance and support costs
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
4.4 Irrecoverable VAT
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
4.5 Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
4.6 Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
5 Assets
5.1 Tangible fixed assets for use by the charity
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
The charity currently has no tangible fixed assets
11
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
Analysis of income
| 6 7 |
Donations and legacies Charitable activities Income from grants Gift aid Adult Well Being Durham Barbour Foundation The Bryan Lancaster Trust Charity Aid Foundation - Adult 1 to 1 Catholics for AIDS prevention & Support Sellafield Ltd Sunderland Council Sylvia and Colin Shepherd Trust The Blakemore Foundation The Archer Trust Balance carried forward Sir John Priestman Charity St Hildas Trust Castle Wardens Lodge Cumbria Community Foundation Dobies Charitable Trust Proven Family Trust Cumbria County Council Edward Gostling Foundation Eleanor Peel Trust Souter Charitable Trust Children in Need Clockworkers Community Foundation Emerton Christie Charity Groundwork Hadfield Trust Gatehill Trust Gilead Sciences Ltd Greggs Foundation Donations Fundraising BBC Children in Need Joseph Brough Charitable Trust Newcastle City Council North Tyneside Council Gateshead Social Services Joicey Trist Komatsu MSD |
Unrestricted Funds £ 5,527 2,613 1,068 9,207 3,333 - - - 920 - 7,710 - - 10,000 - - - - - 2,000 - 2,500 - 20,000 1,000 - 2,900 - 150 5,500 33,000 11,025 - - - - - 9,990 500 - 100 110,628 |
Restricted Funds £ 99 - - 99 - - - 300 - - 2,290 8,315 2,900 9,833 5,000 - 750 5,000 - - - 2,000 22,500 - 1,000 2,000 - - 3,000 - - 300 - - 3,000 2,000 - - 2,000 - 72,188 |
Total 2021 £ 5,626 2,613 1,068 9,306 3,333 - - 300 920 - 10,000 8,315 2,900 19,833 5,000 - 750 5,000 - 2,000 - 4,500 22,500 20,000 2,000 2,000 2,900 - 150 8,500 33,000 11,025 300 - - 3,000 2,000 9,990 500 2,000 100 182,816 |
Total 2020 £ |
|---|---|---|---|---|---|
| 6,180 3,153 1,852 |
|||||
| 11,185 | |||||
| 465 2,000 9,320 400 - 100 - - - 13,989 3,000 1,500 500 3,800 3,000 - 4,000 - 22,500 15,000 - - - 3,665 - - 28,000 10,500 300 900 1,000 3,000 2,000 10,000 500 - - |
|||||
| 139,439 |
12
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
7 Charitable activities (Continued)
| 8 | Income from grants Other trading activities Job Retention Scheme The William Leech Charity Woodward Trust Whitehaven Town Council Balance brought forward The Irving Memorial Trust The Lyndhurst Trust The Rothley Trust Sessional Work Employer Allowance Miscellaneous The Hadrian Trust Viiv Healthcare |
Unrestricted Funds £ 110,628 1,000 - - - - - - - 111,628 Unrestricted Funds £ - 100 4,000 92 4,192 |
Restricted Funds £ 72,188 - 2,000 - - 2,000 10,000 - - 86,188 Restricted Funds £ 865 1,473 - - 2,338 |
Total 2021 £ 182,816 1,000 2,000 - - 2,000 10,000 - - 197,816 Total 2021 £ 865 1,573 4,000 92 6,530 |
Total 2020 £ |
|---|---|---|---|---|---|
| 139,439 1,000 1,000 500 1,000 11,000 20,000 1,000 750 |
|||||
| 175,689 | |||||
| Total 2020 £ |
|||||
| 10,885 - 3,000 346 |
|||||
| 14,230 |
Income was £213,651 (2020: £201,105) of which £125,026 was unrestricted or designated (2020: £81,895) and £88,625 was restricted (2020: £119,210).
13
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
Analysis of expenditure on charitable activities
| 9 10 |
Raising funds Charitable activities Direct costs Support costs Governance costs Insurance Project staff salaries Project staff other costs Project activities Volunteer Costs Rent & utilities Telephone & internet Office consumables Office equipment costs Independent examiner's fees for reporting on the accounts Professional fees Tithe & donations Fundraising consultancy, fundraising costs and marketing costs |
Unrestricted Funds £ 8,251 8,251 69,262 1,021 3,452 735 13,536 2,171 256 4,704 1,286 348 3,402 636 100,808 |
Restricted Funds £ 176 176 78,346 160 5,137 1,381 - 2,459 10 1,179 - - 627 - 89,301 |
Total 2021 £ 8,427 8,427 147,608 1,182 8,589 2,117 13,536 4,630 266 5,883 1,286 348 4,029 636 190,108 |
Total 2020 £ |
|---|---|---|---|---|---|
| 6,339 | |||||
| 6,339 | |||||
| 134,368 5,807 12,949 7,892 12,056 3,548 233 8,931 1,290 789 3,782 635 |
|||||
| 192,279 |
Expenditure on charitable activities was £198,535 (2020: £198,619) of which £109,058 was unrestricted or designated (2020: £103,080) and £89,477 was restricted (2020: £95,539).
11 Fees for examination of the accounts
| Independent examiner's fees for reporting on the accounts | 2021 £ 636 636 |
2020 £ |
|---|---|---|
| 635 | ||
| 635 |
There were no other fees paid to the examiner (2020: £nil)
14
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
12 Analysis of staff costs and the cost of key management personnel
| Employer NI Salaries and wages Pension costs (defined contribution pension plan) |
2021 £ 145,735 6,347 4,280 156,363 |
2020 £ |
|---|---|---|
| 122,439 5,332 3,596 |
||
| 131,368 |
No employee received remuneration above £60,000 (2020: nil).
The key management personnel of the charity, comprise the trustees and the charity director. The total employee benefits of the key management personnel of the charity were £23,926 (2020: £20,102).
13 Staff numbers
The average monthly head count was 12 staff (2020: 10 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
| Charitable activities The parts of the charity in which the employee's work |
2021 Number 5.0 5.0 |
2020 Number |
|---|---|---|
| 5.0 | ||
| 5.0 |
14 Transactions with trustees
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
Trustees' expenses
No trustee expenses have been incurred in the year.
Transaction(s) with related parties
There have been no related party transactions in the reporting period.
15 Defined contribution pension scheme
The charity operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the charity in an independently administered fund.
The employer's pension costs represent contributions payable by the charity to the fund and amount to £4,280 (2020: £3,696). There was £372 outstanding as at 31 March 2021 (2020: £321).
16 Corporation Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
15
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
17 Debtors and prepayments (receivable within 1 year)
| Preypayments Trade debtors |
2021 £ 1,068 352 1,420 |
2020 £ |
|---|---|---|
| 1,069 1,385 |
||
| 2,455 |
18 Cash at bank and in hand
| Cash at bank Cash in hand |
2021 £ 120,424 - 120,424 |
2020 £ |
|---|---|---|
| 106,256 233 |
||
| 106,489 |
19 Creditors and accruals (payable within 1 year)
| Trade creditors Community Foundation Deferred income Accruals Credit card Mental Wellfare |
2021 £ 2,525 375 636 - 3,000 6,537 |
2020 £ |
|---|---|---|
| 2,021 866 866 5,000 - |
||
| 8,753 |
20 Deferred income
Deferred income comprises of advance payments from grants that relate to future periods
| Balance brought forward Balance carried forward Amount deferred in year Amount released to income earned from charitable activities |
2021 £ |
|---|---|
| 5,000 ( 5,000 ) 3,000 |
|
| 3,000 |
21 Events after the end of the reporting period
No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
16
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
22 Analysis of charitable funds
Analysis of movements in unrestricted funds
For the year ended 31 March 2021
| For the year ended 31 March 2021 | ||||
|---|---|---|---|---|
| Fund balances brought forward Unrestricted funds £ General unrestricted fund 33,805 Adult One to One unrestricted fund 18,889 Redundancy provision - Totals 52,694 Fund balances brought forward Unrestricted funds £ General unrestricted fund 43,841 Adult One to One unrestricted fund 13,948 Totals 57,789 For the year ending 31 March 2020 |
Incoming resources £ 88,542 36,484 - 125,026 Incoming resources £ 42,411 36,484 78,895 |
Resources expended £ ( 77,516 ) ( 31,543 ) - (109,058) Resources expended £ ( 68,537 ) ( 31,543 ) (100,080) |
Transfers £ ( 1,187 ) ( 9,561 ) 29,815 19,067 Transfers £ 16,090 - 16,090 |
Fund balances carried forward £ |
| 43,645 14,269 29,815 |
||||
| 87,729 | ||||
| Fund balances carried forward £ |
||||
| 33,805 18,889 |
||||
| 52,694 |
Purpose of unrestricted funds
General unrestricted fund The 'free reserves' after allowing for designated funds Designated - Adult One to One Provide personalised one to one support in homes and the community
Analysis of movement in restricted funds
For the year ended 31 March 2021
| Restricted funds Cumbria Mental Wellbeing Peer Mentoring Peer Support Groups & Events Soundroom Stigma Think For Yourself Totals |
Fund balances brought forward £ 5,535 3,363 2,336 13,667 5,766 4,585 12,244 47,496 |
Incoming resources £ 9,449 24,500 16,218 21,991 8,315 3,814 4,338 88,625 |
Resources expended £ ( 4,567 ) ( 22,975 ) ( 11,219 ) ( 29,117 ) ( 8,049 ) ( 4,709 ) ( 8,840 ) (89,477) |
Transfers £ ( 2,867 ) ( 4,520 ) ( 3,266 ) ( 5,223 ) ( 738 ) ( 805 ) ( 1,648 ) (19,067) |
Fund balances carried forward £ |
|---|---|---|---|---|---|
| 7,550 367 4,069 1,317 5,294 2,886 6,093 |
|||||
| 27,577 |
17
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
22 Analysis of charitable funds (Continued)
For the year ending 31 March 2020
| Restricted funds Cumbria Connect Mixed Connect Women Mental Wellbeing Peer Mentoring Peer Support Groups & Events Soundroom Stigma Think For Yourself Totals |
Fund balances brought forward £ 1,535 1,784 9,802 - 10,183 - 4,663 - 11,948 39,916 |
Incoming resources £ 10,600 - - 23,500 16,835 25,770 9,320 9,665 23,520 119,210 |
Resources expended £ ( 5,587 ) - - ( 16,780 ) ( 16,682 ) ( 20,050 ) ( 8,217 ) ( 8,542 ) ( 19,681 ) (95,539) |
Transfers £ ( 1,012 ) ( 1,784 ) ( 9,802 ) ( 3,357 ) ( 8,000 ) 7,946 - 3,462 ( 3,543 ) (16,090) |
Fund balances carried forward £ |
|---|---|---|---|---|---|
| 5,535 - - 3,363 2,336 13,667 5,766 4,585 12,244 |
|||||
| 47,496 |
Purpose of restricted funds
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Cumbria One to one support, peer mentoring and peer support groups for people living with HIV in Cumbria. Connect Mixed Support group for men and women living with HIV. Connect Women Support group for women living with HIV. Events Educational workshops, trips, creative sessions, retreats. Mental Wellbeing Workshops, courses and interventions that improve the mental wellbeing of people living with HIV. Peer Mentoring One to one support delivered by volunteers with lived experience of HIV. Peer Support Groups & Events Peer support groups and events for people living with HIV to connect, learn and support one another. Soundroom One to one and group support for children affected by HIV. Think For Yourself Sex and relationship workshops for young people.
For the year ended 31 March 2021
| Transfers between funds Between restricted to unrestricted Between unrestricted funds Between unrestricted and redundancy |
Reason for transfer Management fees Management fees Provision for redundancy reserve to cover costs or closing down |
Amount £ |
|---|---|---|
| 19,067 9,561 29,815 |
18
BLUE SKY TRUST
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
22 Analysis of charitable funds (Continued)
For the year ending 31 March 2020
| Transfers between funds Between restricted funds and Peer Support Groups & Events Between Peer Mentoring and Stigma Between restricted to unrestricted |
Management fees Restructuring of project Restructuring of project and project name change Reason for transfer |
Amount £ |
|---|---|---|
| 11,586 5,000 16,090 |
23 Capital commitments
As at 31 March 2021, the charity had no capital commitments (2020 -£nil).
24 Analysis of net assets between funds
| Cash at bank and in hand Cash at bank and in hand Other net current assets/(liabilities) Other net current assets/(liabilities) |
Unrestricted Funds £ 87,948 ( 219 ) 87,729 Unrestricted Funds £ 54,094 ( 1,400 ) 52,694 |
Restricted Funds £ 32,475 ( 4,898 ) 27,577 Restricted Funds £ 52,395 ( 4,898 ) 47,496 |
Total 2021 £ |
|---|---|---|---|
| 120,424 ( 5,117 ) |
|||
| 115,307 | |||
| Total 2020 £ |
|||
| 106,489 ( 6,298 ) |
|||
| 100,191 |
19