## **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