REGISTERED CHARITY NUMBER: 1075215
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
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Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
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Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
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Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To protect an preserve mental health in East Surrey by:
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Promoting and campaigning for the empowerment, involvement, social inclusion and well-being of people who suffer mental illness and increasing awareness of the underlying causes that impact on their mental health
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Supporting and furthering the gender and equality agenda in mental health and allied areas with a view to improved services for women who suffer mental health distress
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Putting the patient.service user at the heart of planning, informing and influencing service culture and development
FINANCIAL REVIEW
Principal funding sources
Surrey County Council (SCC)
Other sources of income
Acting out productions - including Unlocked and think ahead - social work
Reserves policy
We review our reserves to ensure that there are adequate funds to complete all commissioned contracts and projects
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The trustees work closely with the project director and mental health adviser to ensure the charity meets it powers and duties as determined by service level agreements with its commissioners
Recruitment and appointment of new trustees
The charity constitution provides for a minimum of three trustees and a maximum of eight allowed. Trustees responsibilities are clearly outlined in induction and one to one support by the chair. Trustees are provided with background information, accounts and a copy of the Charity Commission's relevant leaflets.
Related parties
Our trustees have no connection with any of our clients or suppliers
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1075215
Principal address
2 Tynesdale Road Brockham Betchworth Surrey RH3 7HX
Trustees
Ms P Smyth Chairwoman Ms A Mitchell Ms J Satchell
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Report of the Trustees for the Year Ended 31 March 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
Approved by order of the board of trustees on 14 April 2023 and signed on its behalf by:
Ms P Smyth - Trustee
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Independent Examiner's Report to the Trustees of Let's Link
Independent examiner's report to the trustees of Let's Link
I report to the charity trustees on my examination of the accounts of Let's Link (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do 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 no concerns and 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.
Mary E Ryan FCCA, DChA
Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX
17 April 2023
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Statement of Financial Activities for the Year Ended 31 March 2022
| 31.3.22 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Charitable activities Acting out 220,444 Total 220,444 EXPENDITURE ON Charitable activities Acting out 212,812 General charitable expenses 908 Total 213,720 NET INCOME 6,724 RECONCILIATION OF FUNDS Total funds brought forward 68,604 TOTAL FUNDS CARRIED FORWARD 75,328 |
31.3.21 Total funds £ 9,476 146,177 |
|---|---|
| 155,653 | |
| 118,282 800 |
|
| 119,082 | |
| 36,571 32,033 |
|
| 68,604 |
The notes form part of these financial statements
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Balance Sheet 31 March 2022
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 77,558 | 72,271 | |
| CREDITORS | |||
| Amounts falling due within one year | 4 | (2,230) | (3,667) |
| NET CURRENT ASSETS | 75,328 | 68,604 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 75,328 | 68,604 | |
| NET ASSETS | 75,328 | 68,604 | |
| FUNDS | 5 | ||
| Unrestricted funds | 75,328 | 68,604 | |
| TOTAL FUNDS | 75,328 | 68,604 |
The financial statements were approved by the Board of Trustees and authorised for issue on 14 April 2023 and were signed on its behalf by:
P Smyth - Trustee
The notes form part of these financial statements
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Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||
|---|---|---|
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 9,476 | |
| Charitable activities | ||
| Acting out | 146,177 | |
| Total | 155,653 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Acting out | 118,282 | |
| Page 6 | continued... |
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Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| General charitable expenses | 800 | |||
| Total | 119,082 | |||
| NET INCOME | 36,571 | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 32,033 | |||
| TOTAL FUNDS CARRIED FORWARD | 68,604 | |||
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.22 | 31.3.21 | |||
| £ | £ | |||
| Taxation and social security | 630 | 2,867 | ||
| Other creditors | 1,600 | 800 | ||
| 2,230 | 3,667 | |||
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 68,604 | 6,724 | 75,328 | |
| TOTAL FUNDS | 68,604 | 6,724 | 75,328 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 220,444 | (213,720) | 6,724 | |
| TOTAL FUNDS | 220,444 | (213,720) | 6,724 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 March 2022
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.20 £ Unrestricted funds General fund 32,033 TOTAL FUNDS 32,033 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 155,653 TOTAL FUNDS 155,653 |
Net movement At in funds 31.3.21 £ £ 36,571 68,604 36,571 68,604 Resources Movement expended in funds £ £ (119,082) 36,571 (119,082) 36,571 |
Net movement At in funds 31.3.21 £ £ 36,571 68,604 36,571 68,604 Resources Movement expended in funds £ £ (119,082) 36,571 (119,082) 36,571 |
|---|---|---|
| 36,571 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 32,033 | 43,295 | 75,328 |
| TOTAL FUNDS | 32,033 | 43,295 | 75,328 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 376,097 376,097 |
Resources Movement expended in funds £ £ (332,802) 43,295 (332,802) 43,295 |
Resources Movement expended in funds £ £ (332,802) 43,295 (332,802) 43,295 |
|---|---|---|---|
| 43,295 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 March 2022
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | - | 9,476 |
| Charitable activities | ||
| Client income | 148,444 | 108,677 |
| Commission | 72,000 | 37,500 |
| 220,444 | 146,177 | |
| Total incoming resources | 220,444 | 155,653 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 39,833 | 39,833 |
| Acting out Productions | 172,979 | 78,449 |
| 212,812 | 118,282 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 108 | - |
| Independent examiners fee | 800 | 800 |
| 908 | 800 | |
| Total resources expended | 213,720 | 119,082 |
| Net income | 6,724 | 36,571 |
This page does not form part of the statutory financial statements
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