## **BLUE SKY TRUST**
**REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2022**
**Charity Number 1068701**
## **BLUE SKY TRUST**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
For the year ended 31 March 2022
|**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 2022**
The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2022.
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 have provided 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, developing 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) 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) 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.
(4) 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 stories, running peer support groups, improving our service, developing resources and taking part in our stigma taskforce. Through participation, volunteers develop confidence, knowledge and skills.
(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 2021-22
Blue Sky Trust supported and connected 165 people living with HIV, with 52 new referrals compared to 35 the previous year.
100+ people received individualised support for their needs, the most common of which were around isolation, mental health, substance misuse or disengaging from treatment and care. 389 volunteer-led one to one sessions took place, supporting 25 individuals.
372 people were reached through our HIV awareness sessions and events and 1058 children received HIV lessons in schools.
Courses and webinars for people living with HIV this year included:
- a psycho-education course run by specialist psychologists for people living with HIV and the impact of trauma
- Webinars on ‘who to tell about my diagnosis’, sexual health, sleep, mindfulness, stigma and rights and mental wellbeing.
- 1 course for those newly diagnosed with HIV
There were 238 opportunities for people living with HIV to come together for support, friendship and learning.
Our members say:
_“BST is my life, I wouldn't be here without you, thank you”_
_“Blue Sky don’t judge us, you can be really how you feel, if you want to cry you can cry and if you want to laugh, you can laugh”_
_“You came along and supported me and now I feel loved and safe"_
_“BST is the best place to come and laugh, rest and relax"_
_"The training session really opened my eyes to HIV and I feel more confident and knowledgeable"_
## Plans for 2022-23
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.
Blue Sky Trust will also carry out a survey of its members, to better understand the prevalence and impact of stigma and work alongside colleagues to raise awareness of stigma and plan interventions that will reduce sigma and the impact of stigma for our members.
Blue Sky Trust will be celebrating its 30[th] year and we will bring together our HIV community and those who work alongside and support Blue Sky Trust to celebrate!
## **3. Reference and administrative details of the charity, its trustees and advisors**
|Charity Name|Blue Sky Trust|
|---|---|
|Registered Charity Number|1068701|
|Operational address|Castlegate|
||Melbourne Street|
||Newcastle upon Tyne|
||NE1 2JQ|
|Trustees|Dr HM Mcllveen|
||H Weatherly|
||Dr DW Golding|
||M Proud (Chair)|
|Independent Examiner|Philippa Gardiner|
||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|
## **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, including income generation, 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 £219,266 (2021:£213,652). 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 2022, shows a deficit of £4,650 (2021: surplus £15,116).
The Balance Sheet at 31 March 2022 shows total funds carried forward of £110,657 (2021: £115,307) of which there are £43,502 restricted funds (2020: £27,577).
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. The charity are also exploring income generation options.
## **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 three and a half months costs. The Trustees believe this creates a firm 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 2022, this figure was £30,658.
## **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 Blue Sky Trust, 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 17/01/2023 and signed on their behalf by:
H.McIlveen
Dr HM Mcllveen
Chair
## **BLUE SKY TRUST**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 March 2022
I report on the financial statements of Blue Sky Trust for the year ended 31 March 2022, 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:
- h examine the accounts under section 145 of the Charities Act,
- h 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
- h 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:
- h the accounting records were not kept in accordance with section 130 of the Charities Act; or
- h the accounts did not accord with the accounting records; or
- h 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.
Philippa Gardiner FCA
P Gardiner
Connected Voice Business Services Limited Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 23.01.2023
## **BLUE SKY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 March 2022
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Income from:
Donations and legacies 6 9,307 850 10,157 9,306
Charitable activities
Grants and contracts 7 104,900 92,087 196,987 197,816
Other trading activities 8 4,579 7,543 12,122 6,530
Total income 118,786 100,480 219,266 213,652
Expenditure on:
Raising funds 9 12,545 - 12,545 8,427
Charitable activities
Operation of the charity 10 126,816 84,555 211,371 190,109
Total expenditure 139,361 84,555 223,916 198,536
Net income/(expenditure) ( 20,575 ) 15,925 ( 4,650 ) 15,116
Transfers between funds - - - -
Net income/(expenditure) and net
( 20,575 ) 15,925 ( 4,650 ) 15,116
movement of funds
Reconciliation of funds
Total funds brought forward 87,730 27,577 115,307 100,191
Total funds carried forward 67,155 43,502 110,657 115,307
Notes
**----- End of picture text -----**
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.
**BLUE SKY TRUST**
Charity Number 1068701
## **BALANCE SHEET**
As at 31 March 2022
**----- Start of picture text -----**
Total Total
2022 2021
£ £ £ £
Current assets
Debtors 17 3,361 1,420
Cash at bank and in hand 18 110,777 120,424
Total current assets 114,138 121,844
Creditors: amounts falling due within
one year 19 ( 3,481 ) ( 6,537 )
Net current assets 110,657 115,307
Total assets less current liabilities 110,657 115,307
Total net assets or liabilities 110,657 115,307
Funds of the charity
Unrestricted income funds 67,155 87,730
Restricted income funds 43,502 27,577
Total funds 110,657 115,307
The notes on pages 9 to 19 form an integral part of these accounts.
These financial statements were approved by the Board on: 17/01/2023
and are signed on its behalf by: Dr H M McIlveen H. McIlveen
Chair
Notes
**----- End of picture text -----**
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 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 £67,155 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.
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 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.
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 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
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## **Analysis of income**
|6
7|**Donations and legacies**
**Charitable activities**
Income from grants
Adult Well Being Durham - Peer Support
Groups & Events
Charity Aid Foundation - Stigma
Arnold Clark
Gateshead Social Services
Donations
Fundraising
Charity Aid Foundation - Core
Cumbria Community Foundation - Cumbria
Dobies Charitable Trust - Cumbria
Edward Gostling Foundation
Charity Aid Foundation - Peer Mentoring
Charity Aid Foundation - Peer Support Groups
& Events
Children in Need - Soundroom
Clockworkers - Peer Mentoring
Community Foundation - Adult 1 to 1
Community Foundation - Core
Emerton Christie Charity
Groundwork - Core
Hadfield Trust - Cumbria
Garfield Weston
Gilead Sciences Ltd - Mental Welllbeing
Greggs Foundation
Gilead Sciences Ltd - Adult 1 to 1
Charities Trust - Peer Support Groups &
Events
Irving Memorial Trust
Hadrian Trust
J.H Burn Charity Trust
Gift aid
Adult Well Being Durham - Adult 1 to 1
Barbour Foundation - Adult 1 to 1
Bryan Lancaster Friends - Cumbria
Charity Aid Foundation - Adult 1 to 1
Community Foundation - Peer Support Groups
& Events
Groundwork - Cumbria
CAPS - Adult 1 to 1
Community Foundation - Peer Mentoring
Community Foundation - T4Y
_Balance carried forward_|Unrestricted
Funds
£
2,685
5,708
914
9,307
1,310
-
5,000
1,000
-
-
-
20,000
-
-
-
-
-
-
5,000
2,029
-
-
-
-
-
-
-
15,000
4,500
-
9,000
-
-
-
-
-
-
-
62,839|Restricted
Funds
£
850
-
-
850
-
682
-
-
-
-
-
-
-
-
-
1,000
-
-
-
-
-
10,000
-
3,000
-
5,000
-
-
1,500
26,000
-
-
-
-
-
1,000
1,000
200
49,382|**Total**
**2022**
**£**
**3,535**
**5,708**
**914**
**10,157**
**1,310**
**682**
**5,000**
**1,000**
**-**
**-**
**-**
**20,000**
**-**
**-**
**-**
**1,000**
**-**
**-**
**5,000**
**2,029**
**-**
**10,000**
**-**
**3,000**
**-**
**5,000**
**-**
**15,000**
**6,000**
**26,000**
**9,000**
**-**
**-**
**-**
**-**
**1,000**
**1,000**
**200**
**112,221**|Total
2021
£
5,625
2,613
1,068
9,306
3,333
-
-
-
300
920
1,010
6,700
818
658
-
814
-
8,315
2,900
4,500
5,500
2,500
-
7,333
5,000
750
5,000
2,000
-
4,500
22,500
-
20,000
1,000
1,000
2,000
-
-
-
109,351|
|---|---|---|---|---|---|
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 7 **Charitable activities** _(Continued)_
|Income from grants
Morrisons Foundation - Stigma
The Hadrian Trust - Adult 1 to 1
Joicey Trist
Komatsu
MSD - Adult 1 to 1
MSD - Stigma
Viiv Healthcare
Newcastle City Council - Adult 1 to 1
North Tyneside Council - Adult 1 to 1
Proven Family Trust - Cumbria
Souter Charitable Trust
National Aids Trust
Morrisons Foundation - Mental
Wellbeing
Leathersellers
The Anchor Foundation
The Irving Memorial Trust - Peer Support
Groups & Events
The Rothley Trust
The William Leech Charity - Peer Support
Groups & Events
Morrisons Foundation - Peer
Support Groups & Events
Morrisons Foundation - Peer
Mentoring
Newcastle City Council - Core
Sunderland Council
Sylvia and Colin Shepherd Trust - Adult 1 to 1
The Blakemore Foundation
The Archer Trust - Peer Support Groups &
Events
Newcastle City Council - Peer Support Groups
& Events
North Tyneside Council - Peer Support Groups
& Events
_Balance brought forward_
Sir James Knott Trust
St Hildas Trust - T4Y
Schreier - Mental Wellfare|Unrestricted
Funds
£
62,839
3,400
-
2,000
660
-
-
-
-
-
-
21,095
-
-
5,246
-
-
5,000
-
-
-
-
-
-
-
-
4,000
-
660
-
-
104,900|Restricted
Funds
£
49,382
-
-
-
-
-
-
1,800
4,000
2,000
2,000
-
-
6,905
-
6,000
-
-
-
6,000
-
-
3,000
-
-
-
-
-
-
-
11,000
92,087|**Total**
**2022**
**£**
112,221
**3,400**
**-**
**2,000**
**660**
**-**
**-**
**1,800**
**4,000**
**2,000**
**2,000**
**21,095**
**-**
**6,905**
**5,246**
**6,000**
**-**
**5,000**
**-**
**6,000**
**-**
**-**
**3,000**
**-**
**-**
**-**
**4,000**
**-**
**660**
**-**
**11,000**
**196,987**|Total
2021
£
109,351
2,900
150
-
-
5,500
3,000
-
-
-
-
28,000
5,000
-
11,025
-
300
-
3,000
2,000
9,990
500
-
2,000
100
1,000
-
2,000
-
2,000
10,000
197,816|
|---|---|---|---|---|
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
|||Unrestricted|Restricted|**Total**|Total|
|---|---|---|---|---|---|
|||Funds|Funds|**2022**|2021|
|||£|£|**£**|£|
|8|**Other trading activities**|||||
||Sessional Work|-|7,543|**7,543**|865|
||Job Retention Scheme|100|-|**100**|1,573|
||Employer Allowance|4,139|-|**4,139**|4,000|
||Miscellaneous|340|-|**340**|92|
|||4,579|7,543|**12,122**|6,530|
||Income was £219,266 (2021: £213,652) of which|£118,786 was|unrestricted or|designated (2021:|£125,027)|
||and £100,480 was restricted (2021: £88,625).|||||
|**Analysis of expenditure on charitable activities**||Unrestricted
Funds
£|Restricted
Funds
£|**Total**
**2022**
**£**|Total
2021
£|
|9|**_Raising funds_**|||||
||Staging fundraising events|12,545|-|**12,545**|8,427|
|||12,545|-|**12,545**|8,427|
|10|**_Charitable activities_**|||||
||Direct costs|||||
||Project staff salaries|88472|69232|**157,704**|147,608|
||Project staff other costs|2241|1274|**3,515**|1,182|
||Project activities|1886|11041|**12,927**|8,589|
||Volunteer Costs|2320|470|**2,790**|2,117|
||Support costs|||||
||Rent & utilities|13,536|-|**13,536**|13,536|
||Telephone & internet|2,408|2,538|**4,946**|4,630|
||Office consumables|191|-|**191**|265|
||Office equipment costs|8,059|-|**8,059**|5,883|
||Insurance|1,548|-|**1,548**|1,286|
||Tithe & donations|1,060|-|**1,060**|348|
||Professional fees|4,135|-|**4,135**|4,029|
||Governance costs|||||
||Independent examiner's fees for reporting on|960|-|**960**|636|
||the accounts|||||
|||126,816|84,555|**211,371**|190,109|
Expenditure on charitable activities was £223,916 (2021: £198,536) of which £139,361 was unrestricted or designated (2021: £109,059) and £84,555 was restricted (2021: £89,477).
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 11 **Fees for examination of the accounts**
|There were no other fees paid to the examiner (2021: £nil)
Independent examiner's fees for reporting on the accounts|**2022**
**£**
**960**
**960**|2021
£
636
636|
|---|---|---|
## 12 **Analysis of staff costs and the cost of key management personnel**
|Employer NI
Salaries and wages
Pension costs (defined contribution pension plan)|**2022**
**£**
**145,872**
**11,831**
**4,347**
**162,050**|2021
£
145,735
6,347
4,280
156,362|
|---|---|---|
No employee received remuneration above £60,000 (2021: 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 £24,178 (2021: £23,926).
## 13 **Staff numbers**
The average monthly head count was 13 staff (2021: 12 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|**2022**
**Number**
**5.0**
**5.0**|2021
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 £4,347 (2021: £4,280). There was £372 outstanding as at 31 March 2022 (2021: £366).
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 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.
## 17 **Debtors and prepayments (receivable within 1 year)**
|Trade debtors
Preypayments|**2022**
**£**
**3,361**
**-**
**3,361**|2021
£
1,068
352
1,420|
|---|---|---|
|18
Cash at bank
Cash in hand
**Cash at bank and in hand**|**2022**
**£**
**110,417**
**360**
**110,777**|2021
£
120,424
-
120,424|
|---|---|---|
## 19 **Creditors and accruals (payable within 1 year)**
|Accruals
Credit card
Deferred income
Mental Wellfare - Schreier
Community Foundation
Trade creditors|**2022**
**£**
**2,008**
**513**
**960**
**-**
**-**
**3,481**|2021
£
2,525
375
636
-
3,000
6,537|
|---|---|---|
## 20 **Deferred income**
Deferred income comprises of advance payments from grants that relate to future periods
|Amount deferred in year
Amount released to income earned from
charitable activities
Balance brought forward
Balance carried forward|**2022**
**£**
**3,000**
**( 3,000 )**
**-**
**-**|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.
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 22 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds**
## **For the year ended 31 March 2022**
|**Unrestricted funds**
General unrestricted fund
Adult One to One unrestricted
fund
Redundancy provision
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
43,646
14,269
29,815
87,730|**Incoming**
**resources**
£
66,976
51,810
-
118,786|**Resources**
**expended**
£
( 84,283 )
( 55,078 )
-
( 139,361 )|**Transfers**
£
( 843 )
-
843
-|**Fund**
**balances**
**carried**
**forward**
**£**
**25,496**
**11,001**
**30,658**
**67,155**|
|---|---|---|---|---|---|
## **For the year ending 31 March 2021**
|**Unrestricted funds**
General unrestricted fund
Adult One to One unrestricted
fund
Redundancy provision
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
33,805
18,889
-
52,694|**Incoming**
**resources**
£
88,544
36,484
-
125,028|**Resources**
**expended**
£
( 77,516 )
( 31,543 )
-
( 109,059 )|**Transfers**
£
( 1,187 )
( 9,561 )
29,815
19,067|**Fund**
**balances**
**carried**
**forward**
**£**
**43,646**
**14,269**
**29,815**
**87,730**|
|---|---|---|---|---|---|
## **Purpose of unrestricted funds**
General unrestricted fund Designated - Adult One to One
The 'free reserves' after allowing for designated funds Provide personalised one to one support in homes and the community
## **Analysis of movement in restricted funds**
## **For the year ended 31 March 2022**
|**Restricted funds**
Cumbria
Mental Wellbeing
Peer Mentoring
Peer Support Groups & Events
Soundroom
Stigma
Thing For Yourself
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
7,550
368
4,069
1,318
5,294
2,885
6,093
27,577|**Incoming**
**resources**
£
3,000
30,800
13,000
27,287
-
2,000
24,393
100,480|**Resources**
**expended**
£
( 4,706 )
( 22,420 )
( 16,516 )
( 16,629 )
( 5,294 )
( 3,437 )
( 15,553 )
( 84,555 )|**Transfers**
£
-
-
-
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**5,844**
**8,748**
**553**
**11,976**
**-**
**1,448**
**14,933**
43,502|
|---|---|---|---|---|---|
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 22 **Analysis of charitable funds** _(Continued)_
## **For the year ending 31 March 2021**
|**Restricted funds**
Cumbria
Mental Wellbeing
Peer Mentoring
Peer Support Groups & Events
Soundroom
Stigma
Thing 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**
**368**
**4,069**
**1,318**
**5,294**
**2,885**
**6,093**
27,577|
|---|---|---|---|---|---|
## **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. Thing For Yourself Sex and relationship workshops for young people.
One to one support delivered by volunteers with lived experience of HIV. Peer support groups and events for people living with HIV to connect, learn and support one another.
## **For the year ending 31 March 2021**
|**Transfers between funds**
Between restricted to unrestricted
Between unrestricted funds
Between unrestricted to
redundancy provision|Provision for redundancy reserve to cover costs or closing
down
**Reason for transfer**
Management fees
Management fees|**Amount**
**£**
**19,067**
**9,561**
**29,815**|
|---|---|---|
## 23 **Capital commitments**
As at 31 March 2022, the charity had no capital commitments (2021 -£nil).
## **BLUE SKY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2022
## 24 **Analysis of net assets between funds**
|Other net current assets/(liabilities)
Other net current assets/(liabilities)
Cash at bank and in hand
Cash at bank and in hand|Unrestricted
Funds
£
67,275
( 120 )
67,155
Unrestricted
Funds
£
87,948
( 218 )
87,730|Restricted
Funds
£
43,502
-
43,502
Restricted
Funds
£
32,476
( 4,899 )
27,577|**Total**
**2022**
**£**
**110,777**
**( 120 )**
**110,657**
**Total**
**2021**
**£**
**120,424**
**( 5,117 )**
**115,307**|
|---|---|---|---|