REGISTERED COMPANY NUMBER: 039101221England and Wale81 REGISTERED CHARIPI NUMBER: 1080046
Fina 1Au ust 2022 ReFQrt of the Trustees 1 to 6 Independent Examiners Report Statement of Finan¢b81 Actmt Balance Sheet 9 to 10 Notes to the Financial Statements 11 to 16
InterA Re for th rt of the Tms 2022 The tNstees who a also direclots of the chanty the purposes of the Companie$ Act 20C6, present their report wrth financial ststerrEnts of the charty for the year ended 31 August 2022 The trustees have adopted the prowsions of Accounbng and Repong by Chanties." Statement of Recommended Pract applicable to charFtss prepanng tsr actounts In accordance wth the Financial Reportsng Slandard aF)plicable In the UK and Reputlic of Ireiarvj IFRS 1021 (effective 1 January 2019} OBJECTIVES AND ACTMTIES ObJgCtlvg8 and alms Chantsble objecbves.. The pnncipal Oblt of t Charity is lo benefit the publ by prwding a live Interactive reading service carrd out by prOfes$hy1 actors f¢Y stroke pab.ents in how"tals. stroke clubs. and in their homes via a virtual delivery Mission.. To delNer a reading Servi in ho51318, stroke dubs and online ar to thililale creabve wkShopS Thes8 a all prwded by profes$KKl actors wth the aim of engaging stroke suNvors to achieve an improved qualty of life and partiupatim in thwr daily 119$. Objeelwes for the year v al To reslart our hosprtal and stroke dubs as 800n a8 P088ible bl To Contrnue to suslan an online reading sefvice for stroke survivors cl To rebuild our hospttsl actor teams post Covid and natthal thkthjvns Tr•lnSng and Developmont Training continues to te cruual to our work, not ¢ty to maintain standards but a180 to keep our readers up to date on test pracb'ce developments. We ¢urr•nlly have 148 reJe all of whom are professonal actors readers serve a three month probatn, dunng whh their surtabilty Is assessed. Before being taken on Fermanenlly they are shadowed by the training team at 1 tsAce, and repJts on their progress a sent lo our office. They are exFected lo familBr bwth our reading manual (which contains a wide vanety of short stories, poetry and non-ficknonl and our Long File (a seleclh?n of more drfUlt malenal for patsents longer conCentratn spans). The adMIntratiOn of our work at stroke dubs o)nts'nues to be overseen by Stroke Club c{OrdInat0r. Publlc benefft The activities of ts Chanty are Wdilable lo pabents strokè vrdrds in hO51S and at the stroke clubs that we serve. We are also doing virtual re&Jings both one to one and lo stroke clubs using digital technology The fundanxn121 aim Is to impn)ve the qualty of lrfe of $trd(e patients. Page 1
Re for rt ofthe Trus ACHIEVEMENT AND PERFORMANCE Charltable aclivtties By the end of the finanual year we read to 529 people in the 12 hosytsls that have resumed In-person sessions posl£OVID We expenenced numerous hatts to our hosprtal work due to Cowd outbreaks,ich were dBrupb"ve to tth hosytsls and oursehfts. By end of the financial year read to 58 Feopk al the 12 stroke dubs that had resumed inyrson group seonS Over the financial year we delwered 698 InterAcl at Hoff* sessThs. Once again, the gcKKI old fashioned telephone was our most p¥ular sem. InterAct at Home is an eal op1UnIty for stroke sU1vOrS to continue their rehabilitatjon thrOh Iwe readings delwered by professional actors, In the Comfort of ts'r homes We held by Inwtatvjn, an event al the Orange Tree Theatre in July to celebrate our 8th biennial sh1 story ¢0mrelrtn. Dame Margaret Drabble selected the top 3 storie5, With the wnner being 'The Ruf. by Jul Bourke lan Talbol OBE cnmpered the event and Ahlam Wlnne, a stroke sFfjoalist nurse at West MKldlesex came and talked about the impact of InlerAct on hospital wards. It vras ccYnmenled by the judging panel that although the number was lower than usual. the quality of Ste$ received this year vras especially goc4J The competition works as a waluable fundraiser but also prOdeS fresh reading malenal for us lo use In our work We were once agarn se18Cted by th8 ChBNwck Book Festwal as a chosen charity for this yearfs event. This vrds our last year as a chn charity and InterAct are very gratefvl lo the festival for consislenlly supwty'ng us over eleven years. £271K) vras rad this year via thè festival. We continued lo devel¢¥) our PC4Jc4sts RIGHT SIDE OF THE BRAIN where we intervi1 Feople from the Arts, Culture and Heatth sectors episcrfjes going out ft)rtni9hUy By the end of the financ¢al year, we haj delivered a total of 59 fortnighuy pCaSts Sin its Inpt)fi in May 2020. The Chanty welcomed Jess Warshaw as our new office Administrator. Jess has a background in thèatre, arts adminislralion, and 181 nla She is c#Jrrently studying Bnlish Sign Languaje and 1$ committed to leamirwJ atrvJUt &cessibility and incl Pe2
In rA Stroke Su h Year Ended 31 Au USI2 ACHIEVEMENT AND PERFORMANCE Funding The main gources of funding are by way of grants and donations from trusts, foundatsons, companies and private indNhYuals The Chanvs Chief Executive, Fundraiser and the Ambassadors a primanly reswnsitAe for raising fvnds, and do $0, wherever possible on a mul year basis InlerAct Is mst gralefvl to all its SUPFQrters for the financial assistan provided during the year, without whth the seNtt Would t unable to OFerate Particular thanks are gNen to.. Albert Hunt Amold Clark Community FuThY Borrows Charitable Tnjst Bntish Humane Asswatson Broyst Foundatson CB & HH Taylor 1984 Trust Childwck Trust City Bridge Tnjsl Coward Endowment Oalziel Charitsb Trust Edgar E LaWey Foundabon Equity Charitable Tru$l Emest Kleinwort Chantabl& Trust Evelyn May Trust Frazer Trust Friarsgate Trust Garfield west Foundation Gisela Graham Foundatson Gran&Ja Foundation Hadnan Trust Hollick Family Charilabb Trust James T Howat Chantable Trusl Jeremy Sykes Joicey Trust Katse Bradford Arts Trust Kelton Trust Lawson Trust The Leathersellers. Foundab Lennox Hannay Chantable Trust Mary Homfray Charrtable Trust Masonic Chanlable Foundation Munro Charilabk Trust Stanley Grundy FouTrJab"on Steel Charitable Twst Sylvia Waddilove Foundats"on TBF & KL Thompson Twst The Sir Cliff Richard Charite Trust Christmas Card sales (Jill Meager) Nlck Ede- Style for Stroke Chiswck Book FestNal Page 3
FINANCIAL REVIEW R88grves polity The results for the year a set ottt in the Sts1efft of Financial Acbwb"es and the Balance Sheet. The lotsl income at £150,574 was £1.666 lower than the pnor year 12021. £152,240) Total expenditure was £143,616, £13.804 higher than the pwous year {2021 £129.8121 In light of the current economic uncertainty the Trustees wll contsnue lo keep income and expenditure under carefvl revwi The Trustees have examined ts Chantys requirements fcrf reserves In the IKJht of risks faced by It. They aim to maintain free reserves in unrestricled funds al a level whh equates lo appr0matelY six months of unrestncted expenditure. The actual level of unrestncted reserves at 31 August 2022 was £153.464 12021 £147,1 C61 agairtst UnInCted exFenditure for the year of £79,25312021. £56,103) FLrfuRE PLANS Plans for the coming year include. . al To restart currenuy closed hosptal ar¥J stroke dub readiThJs at the earf1 opwrtunty bl To expand the serwce Into Northem IreW. cl To re4stablish hos1 readings to three SasOn8 per *¢8k in th8 maionty of hospital. dl To extend our virtual reading seryice as an Intsgral part of t)ur seNce delwy Un9 digital technology as well as the telephone. STRUCTURE. GOVERNANCE AND MANAGEMEKr GovernSng document The Chanty Is a company limrted by guarantee InrP)rated on 20 January 2000 govèméd by its Memor8fKium and Articles ofA88cthkn and anwthd tht on 19 November 2011. The goveming t¢)dy compnses the Tnjgtees are also directors of the Company In accordance with ts Arbcles of ASS(tiOn of the Company one third of tre Trustees reb're from office each year and if their numter Is not three or a mulkn'ple of three the nearest to one third retire. Rth'nng Tnjgtees are eligible foT rtrelectw RocruStment and tralnlng of Iru•t808 The Chanty's elected Trustees are appointed at a meeting of tre Board of Trustees on the basis of nominations rewved from one or Trustees vthose recommerKlalion$ for eligibility are based on relevant attnbutes Induding Fersonal competence. speoalist skills and availability New TNstees are prowded with copw of trE Chanty CommissM)n Guidelines on Trustee ResponsibilÉti'es. the Chafity's govemiThJ drnenL the tht Annual Report and Accounts and other important Information. All Trustees have a sufficbent underslamling of the Chanty's trtIeS and resources to enable them to fulfil their resFon&t41It propwty. Page 4
forth Y STRUCTURE, GOVERNANCE ANO MANAGEMENT Management, offlcer8 and eommlttoe The Trustees as directors of the Company and Trustees of th8 Chanty are legally respM$ible for the overall managenEnl of the Charity. Day to day manajemenl and general wlicy detemination Is delegated to the Chief Exe¢utsNe. The Trustees meet at least four times a year and a wpported by Ambassajors The Ambassadors, pnncipal roles are to fvndraise and kyomte Ihe activitjes of the Charity. Both thè Trustees and the Ambassa¢Jxs a m&Je up of persons having diverse but relevant skills lo meet the needs of the Chanty Meebngs of the Trustee5 a attended by the Cttf Executive. Rlsk management The Trustees regulady review all areas of risk, irKluding financial, to the Charity is exwsed. ere appropnale, systems have been established lo mItate those risks REFERENCE AND ADMINISTRATIVE DETAILS Roglst8red Company nurnber 03910122 IEnglar+d and Wath) Reglstered Charlty nuMr 1080046 R•glstered offlce 8 Holyrood Street London SE12EL Tru8tee• N M Dunn FRSL Iresigned 10 10 211 J N Fergus FRCS IresKdwJ 12.1.23) E J Hubbard EPKidd C J Ravenscroft C E Smith L J Sowden FCA W J Sykes Vice Chaimian (resigned 8.10.221 I C Talbol OBE Chaimian C M¢Kevitt {resvJned 10.10.211 A Mcconnick A Rudd lappoinled 10 10 211 J R McDonnell lappointed 10 10.211 A A Finch lappointed 10 10.211 M F Walker {apw¥nted 10 10 21) Company Socrètsry N Mahindru Page S
In f the Trustee REFERENCE AND ADMINISTRATIVE DEfAILS Bankers Cafcash Ltd PO Box 289 W8sI Malling Kent ME19 4TA This report has been prepared in ardance wrth the special provisions of Part 15 of the Compani88 Act 2¢)J6 relating to small companies. Approved by ¢yder of the trM)ard of trustees .... behalf by: and signed on its I C Talbot OBE - Trustee Page 6
Inde endent Examiners R rt to the Trustees of InterAct Stroke Su ort Independent examinerfs report to the trustees of InterAct Stroke Support (Ihe Company.) I report to the charity trustees on my examinats.on of the accounts of the Company for the year ended 31 August 2022. Responsibilities and basis of report As the charity's Irustees of the Company land also tts directors for the purposes of company lawl you are responsible for the preparation of the accounts in aCrdanCe the requirements of the Companies Act 2006 {Ihe 2006 ACVI. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examinatson. I report in respect of rny examination of your charitls accounts as camed out under secknon 145 of the Charities Act 2011 I'the 2011 Act,). In carying out my examinaknon I have followed the Directions givan by the Chanty Commission under se¢tbon 145{5) (bl of the 2011 Act. Independenl examiners statement I have completed my 8xamination. I confirm that no matt8rs have come to my attentK)n in nnectn with the examination giving me cause to beIve.. accounting records were not kept in respeca of the Company as required by section 386 of the 2006 Act, or the accounts do not accord with those rec<)rds' or the accounts do not wmply with the accountsng requirements of section 396 of th8 2006 Act other than any requirement that the accounts give a true and fair wew which Is not a matter consK1ed as part of an independent examination., or the accounts have not been prepared in accordan with the methods and principles of the Statement of Rècommended Prathce for accounting and repjrting by charities (applicable lo charities preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021). I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. S H Pennington Date.. Page 7
troke Su ement of Financi l Acttvthes for the Ye r Ended 31 Au ust 2022 318.22 Totsl funds 31821 Total funds Unrestricted Restncted fijnds fund Notes INCOME AND END0WMEPs FROM Donations and *ac 83.558 64,963 148,521 151,136 Other trading activitses Investment Incoff 1.935 118 1.935 118 1.086 18 Totsl 85.811 64.963 150,574 152,240 EXPENDITURE ON Raising fvnds 22.351 9,821 32.172 29.171 ChariLgble •cllvttl Reading Governance costs 56,902 52,534 2,008 109,438 98,623 2,018 Tolal 79,253 64,363 143,616 129,812 NET INCOME 8,358 6,958 22.428 RECONCILIATION OF FUNDS Totsl fund8 brought lomyd 147.1 79.071 228.177 203,749 TOTAL FUNDS CARRIED FORWARD 153.464 79,671 233.135 226.177 notes IC rt ofthese finan1 Ststents P¥8
In 31.822 Total funds 31.8.21 Total funds unrestn.cta Reststed fvnds fvnd Notes CURRENT ASSETS Cash al bank 154.290 81.771 236,C61 228.747 CREDITORS Amounts falling due Nmthin ce year 11 (826) {2,1CI)) (2,9261 12.5701 NET CURRENT As$s 153.464 79,671 233,135 226,177 TOTAL ASSETS LESS CURRENT LIABILITIES 153.464 79.671 233.135 226,177 NET ASSETS 153,464 79.871 233.135 226,177 FUNDS Unrestricted funds Restncted funds 12 153,464 79,671 147,106 79.071 TOTAL FUNDS 233.135 228.177 The charrtable company Is entsed lo exemptm from audrt urthr sec1K 4T7 of the Companies Act 20C6 for the year ended 31 August 2022 The mèmtérs have not required compww to obtain an audrt of rts finawal statements for the year end&J 31 August 2022 In aCCarts yth Secbon 478 of the Companies Act 21)J8. The trustees acknovAedge t'r resFnbilrfYèS for la} ensuring that the charitsb company keeps axountsng records that mplY Seth'on8 388 and 387 of the Crynpanw Act 20C6 and Ib} prepanng financial statements whrh give a true and far VI of tho state of affairs of the chantable company as at the end of e&h financial year and of its surplus or deficit for each financial year In accordance wlh the requlrerrnts of Se¢bc$ 394 and 395 and which otherwise comply wth the requirements of thè Companies Act 20C6 relating to finaral statements. 80 far as applicabk to Ihe charilable o)mpany. The notes form part of these financial ststements Page 9 continued...
InterAct Stroke Su These financial statements have been prepared in accordance kn the provish)ns applicable to charitable companies subject to th8 small companies regime. The financi I sta ements Yre approved by Boar(l of Trustees ant Xuthorised for issue on .. and were signed on its behalf by.. I C Tall1 OBE - Trustee The notes fonn part of these finan statements Page 10
InterAcl Stroke Su to the Financial Stal the Year Ended 31 Au ACCOUNTING POLICIES 8a81s of preparfng the flnanclal sLitsments The financial statements of the chantable company. vthich is a publ benefit enty under FRS 102. have been prepared In CordanCe the Chanbes SORP IFRS 1021 'Accountsng and ReForting by Chanlies. Statement of Recommended Prathce applicable to charrties preparing their >unts in ardan yth the Financkql Reporting Standard applicable In the UK and RepU1C of Ireland IFRS 1021 leffective 1 January 20191,, Financial Reporting Standard 102 The Financial Reporb"ng Standard applicable in the UK and Republic of Ireland. and the CompanEs Act 201%. Tr financial statements have been ppared under the histoncal cx)st convenkn. The chanty has taken advantage of provisions in the SORP for chants"8s applying FRS 102 update Bulletin 1 not to prepare a Statement of Cash FI•8 Income All Incoming resources a Included In the statement of financial activities when Ite Charity is entrtled to the Income and the amunt can be qUanfied with reasonable accuracy The follon9 sFecrfic pOlK are applied lo particular categones of income: - Voluntary income Is r8cefftd by way of grants. donabons and gifts and Is Induded In full in the Statement of Financial Actmlies when 1vable. Grants, ere entitlement Is not condibonal on the delNery of gFeufic performan by Chanty, are recognised when the Charity b¢¢omes unrtnallY ents1j to the grant - Investment Inco is Ind vknen reCeble. - Incoming resources from grants. wthe related to performarte and speo.fic deliverables, are &Unted for as the Charity eams the nghl to Siderat by rts Ferfomiance Expondllurn Expenditure is reccnd on an accrual b3s1s as a lbilty is incurred. Expenditure Includes any VAT cannot be fully reco•, and is rertyjtsd as part of the expenditure lo Nthi¢ it relates. . Costs of generats'ng funds comwtse the asswated attracts'ng voluntary income. - Charitable expenditure compnses those incurred by the Chanty in the delNery of ils aclivrties and services its beneffiaaries. It indudes th costs that can allocated dillY to SLK a¢liwt and th cc6ts of an indirect nature n$S¥Y to 8UPP)rt them. . Govemanca costs Include Ihoge LY>sts a89xiated wth rreb"ng the o)n$litutJonal and stslulory requirements of the Charity and indude the aruntancY fees and oxts linked to the slr8tegic rnan8geffnt of the Charity All costs are allocated the expenditure categorS of the SOFA on a basis designed to fie¢t the use of the resource. Costs relab.ng to a patty'cular a¢tNity are allocated directly, 01tr$ a apFothned on an appropnate basis. Taxatlon The chanty 1$ exempt from (Tab"on tax on rts ¢hanlable activities. Page11 continued..
In Notes to the Finanaal forth Y AccouKllNG POLICIES - continu•d Fund accountlng Restricted funds are funds whth are to be in erdancE speufic restrthons imposed by donors or whh have been raised by the chanty for particular purposes. The cost of raising and administen.ng such fund$ are charged against the specific fund. The aim and use of each fund Is sel out In the notes lo the financ1 ststemenl$. Unrestricted funds are ayailabk f(Y use at the discretb)n of the trustees in furtherance of the general objecb.ves of Ihe chanty. and have not been desunated for other purwses. Designated funds are unrestr funds 8annark8d by the Trustees for partthlar purposes. Penslon c08t8 and other post-r•rern¢nt bengftt8 The charitsble company operates a defined conlnt¥Jb"c pension scheme Contributions payable to the Charitab company's PeThon scherre are charg&1 to the Statement of Financial Activibes in the Fenc#J to whKh they rel*e. DONATIONS AND LEGACIES 31.8.22 318.21 Donknons Gift aid 147,632 150,174 148,521 151,136 OTHER TRADING ACTMTIES 31.8.22 318.21 Fundraising events CommiSsned vrnk cam&J wi 55 1,880 50 1,036 1,935 1,086 INVESTMENT INCOME 31.822 31.8.21 DeF%7Sit account interest 118 18 Page 12 o)ntsnued...
Notes to the Financial Statemen for the Year En SI 2022 RAISING FUNDS Ral81Trg donations and legaclos 31.8.22 31.8.21 Staff costs All¢xalion of fees 9,022 20,368 8,505 20,241 29,39) 28,746 Other tradlng actlvltles 31.8.22 31.8.21 Entertainiro. publth and events 2,782 425 Aggregate amounts 32,172 29,171 CHARITABLE ACTMTIES COSTS DireLt Costs Isee note 7} Support sts Tt)tals Reading Govemance costs 109.438 109,436 2,008 2,CQ8 109,436 2,CK)8 111,444 DIRECT COSTS OF CHARrrABLE ACTMTIES 31.8.22 31.8.21 Staff costs Insurance Postage and stslionery Hospital actor5. fees Hospital actors. Iravd Admin and secretarial costs Stroke club actors. fees Training Short stones CRB clearance costs Office expenses Communty projects Travel & accOmmtsYatn CLO fees 39,879 1,115 2.3S9 16,830 2,424 1,613 24,833 15,833 4.813 12.531 2.749 250 750 12.208 20.630 8LMJ 5,1Crf) 6C4) Carried foTh•Rrd 109.436 98,349 Page 13 continued...
In Notes to the Financial SL9temts- cuibnued for the Year Ended 31 Au ust 2022 DIRECT COSTS OF CHARITABLE ACTMTIES - continued 31.8.22 31.8.21 Brought forwdrd Trustees, expenses 109,436 98,349 274 109,436 98,623 TRUSTEES. REMUNERATION AND BENEFrrs There V+we trustees, remuneratKm or other beneffts for the year ended 31 August 2022 rK)r ts the year ended 31 August 2021. Tru8teM' expense• Travel costs arrK)untiiwJ to £NIL 12022 £2741 V•we reimbursed to Trustees dunng the year. STAFF COSTS 31.8.22 31.8.21 Wages and salanes Social security costs Other pensK)n costs 47.035 1,416 1.075 47,269 60 1.055 49.526 48.384 The average monthly number of employee8 during th8 year was as follow3.' 31.8.22 31.8.21 AdministratNe No employees re(XNed errK>1uffts in excess of £60.0. 10. TANGIBLE FIXED ASSETS Assets tsxling ttsgn £1.OCM) not c¥italis•J. Page 14 o)nts'nued...
InlerAct Stroke Su Financkal Statements- h Year Ended 31 Au ust 2022 nu 11. CREDITORS: AMOUNTS FALLING DUE wrtHIN ONE YEAR 31.8.21 Accruals and deferred Income 2,926 2,570 12. MOVEMENT IN FUNDS Nel movement in funds At 1.9.21 31.8.22 Unrestr1 lund8 General Unrestrth Funds 147.11 153,464 Rutrf¢t•d ndS Restrthd Funds 79.071 79,671 TOTAL FUNDS 226.177 6.958 233,135 Net moveThnt in funds, included in ts above are as folkm.. IrmIng Resources Movement resour$ exFended In hjnds Unre8trlcted funds General Unréstncted Funds 85.611 179.253) 6,358 Restrlcled lunds Restricted Funds 164.3631 TOTAL FUNDS 150,574 {143.816} 6,958 Page 15 continued...
- MOVEMENT IN FUNDS- ntInUed Comparattves for movemènt In fund$ Net movemenl in funds At 31.821 At 19.20 Unro8tri¢tod fund• General Unrestnded Funds Designated fund$ 127.145 285 19,676 146,821 285 127.430 19,678 147,1C R08trfctBd fvnds Reslrthd Funds 76.319 2,752 79.071 TOTAL FUNDS 203,749 22.428 226.177 Comparative net movwrnnt In fvThas. Included in the atove are as follow8.' IrKomiro Regwrces Movement resourcw eXpendj in funds Unmtrl¢ted funds General Unreslncted Funds 75.779 156,1031 19,876 Re•trlcted fund• Restricted Funds 78,461 {73.7091 2,752 TOTAL FUNDS 152,240 {129,812) 22,428 The restr relates to Ir for in ho5tal8. stroke clubs and Pembndge Hospice.
- RELATED PAR DISCLOSURES There were no reLqted paty tran8acti)ns for ts year ended 31 August 2022. Page 16