Charity registration number 1082380 Company r•gistration nwiber 03710559 (England and Wale¥l qFGISTRAR HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 llllllll A11 'ACFTFGL7• 0711712023 COMPANIES HOUSE
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HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Mr David Srntth 'Ms Lauren Bushby Mr Heath Mr Richard Taylor Charity number 1082380 Comparsy nnr 03710559 Registered office The Bell Brewery 676 High Road Tottenham Ld¢ N170EA Independent exaniner Calon Fry & Co Ltd Essex House 74 The ShnJbbwi¢$ George Lane Srth w00dfcd London E18 1BD
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) CONTENTS Trustees, report Statemenl of trustees. responwbilities Independent examine¢s reF¥Xt Statement of financial activitses Balance sheet Notes to the financial statements 10-19
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 5 APRIL 2023 The Trustees present their anThJal report finala1 statements for the year ended 5April 2023. The accounts have been prepared in accordance wth the xcounts.ng pcAicies set out in nole 2 to ttre accounts and comply with the charitys governing document. the Ccnpanies Act and "Accounlin9 and Report1119 Charities. Statement of Recommended Practrce app[icae to charihes preparing their accounts in accordance with the Fingnrial Reporting Stan¢Jard apph"r3ble in the UK and RepuL4ic of Ireland IFRS 1021. {as amended for accountin9 periods commenc4ng frc¥n l January 20161 Objectives and acty¥tties Our vision is to create a community vthere people wilh leaming disablities ale io realise their full potential and are valued for who they a and the contributsons they make. We strive to ad)ieve Ihis vision by engaging in as wide a range of actiwb.es as p)ssible involving as Fnany clients as are abk to partiapate in them. In addition. we aim to Irain faciktstors arKI coathes WFK) can IElp fvIN our wsion. rfwwiate. ¢>Jtside our organisation. Haringey Mencap is a well-established voluntary sector c¥ganisats"on Ihat has been in eStenCe nce 1954. During this period, rt has suCcessfvI prowded a range of seryus lor disabled chiklien arNJ adults Sident in Haringey and the sUonding area. The Trvstees have paid due regard to gUidCe issued by the Chanty Commission in deuding what activiti'es the tharity ShOd undertake. Achie¥ements and perforniance 2022123 was On again a d1allenng year for Haringey Mencap which necessiated frequent changes to our risk ssessments due to ongoing regulatory requiremerrts due to the pandemi Despite these pressures the loyaty and dethcati(fft of staff, our sustainable busw)ess model by no means least. the enthusiasrn of our cbents th&r WlingeSS to to reAf ways of thing things. all contributed to a suceessful year. During the year we were able to maintain reguLar swrts. filness. pICasts. gardening and arts crafts activibes. We were supported by coaches from Tottenham Hotspur Foundation lo run walking football and mulb"_sports sessions. Clients eryoyed day tn.ps to HtyWO( Bo¥A w) FirKh wilh the Levenfithe Foundati and boa9 trips toAlexandra Palace. As in prevKius yeats we had speual ats aThJ uafts prc4ects for Ihe dients to ¢elebrate Vants"ne'$ Day. Chinese New Year, Intemational knien's Oay, Swng, Easter. Eid. Dr, Hamoween. The Platinum JLilee and Christmas. Financlal review Reserve Policy It is the policy of the chaiity that unresiriLled funds whth have not been desiwaied lor a specific use should be maintained at a level equivalent lo btheen th¥ee and six month's expendAure. i.e. btheen £55,OCK) and £110,000. The Twslees consider thal serveS at this 1 wll ensure that, in Ihe event ol a significant drop in funding. they will be 8ble to continije the charity'5 rrent acti¥ibes whe congderation is Ven to ways in which additional fvnds may be raised. At the year end Tree reserves.. i.e. those reserves exchJdin9 the designated reserve stood at £92.658 whicl) is con&dered reasth)atJlè.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Financial Review Total incoming resources for the year amounted to £220.034 12022.. £213.401} arbd the net defi¢it suffe the year amounted to £2,LKIS12022.' £6.96n. Tolal fvnds carried forward al 5 Apnl 2023 amounted to £234,65812022'. £236.6631, while cash at bank and in hand stood al £202.885 12022.. £16.329). Restncted fvjnds carried fOard amounted lo £nil {2022'. £n. Lasl year once again we demonstrated Ihe sustainatslty of our financial model. Clearly the more income we receive the rnore dients we can help and ihe more seTvices we can provide. What continues to be of prime importance is that we 'cut oui cloth, so that even with limited finances we can enrich the lives ol at least some ol those with leamirnJ disabihties in the lcd communty. As ever, ihanks to continued cost control from the Chiel Exec(rtNe and staff. our expendibJfe was kept wiihin budget, and we continued io beneft from funds seojred in preVuS years. Our ac£ountants (Caton Fry & Co.) have been of great as5151ance during the year to and we sh)uld like to recwd our appreoation oftheir expertise and help. The Trustees have assessed the major risks to tthich the tharty is expose(l. aThJ are sats"5fied that systems are in place to milbjale exposure to the major risks. Plans for future periods The future of all tocal seNces will probabty continue lo be uncertain for many years. We a aware of the continuing restructuring that Haringey Borwgh Council a making to a number of services f the conmuThty, and we 11 ntInue to offer to the Courol potential dients a higWuaty Serv prOlIng value for money. For another year we have been by Angle De SFong as Chief Executive. In addibon, the help gNen by our loyal team of staff has agaln been exceptional an¢J enabled us to conts'nue to enhance the quality of our savice. Each year we c£)nlinue to be helped by fulkiime staff. parl-time staff. and volunteers. and whoever they are, they share a ¢ommon ¢ommrtrnent to help the INes of Ihose with leamir¥J disats"rty. As last year, and every year, Haringey MenP is a genuine tearn effort. th8 produd of whith is Ihe health, happiness and wellbeing of dienis whith is there for all to see. Every year that statement IS true and on behalf the Trustees and our dients we c£tInUe to gr4e the staff gratefijl thanks. Structure, governance and management Goveminy docum•nt The organisalion Is a ¢haritable CA)rnparry limrted by guarantee. as defffted by the Ctynpanies Att 2006. which was incorwrated on 11th January 27 and registered as a charity in 28. The company was established under a Memorandum ofAssocialion which eSta*shed 11)e obj.ects and powers of th& tharitable company and is govemed by its Articles of AssotAation. In the ent of a winding up members are qUired to contritrKrte an amount nol exceedlng £1. Oirectors The Truslees. who are a150 the diredors fwthe purpose of ccryany law, and who served during the year were.. Mr Dawd Smith Ms Lauren Bushby Mr Mark Heath Mr Rithard Taylor
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED S APRIL 2023 Recrultment and appointinent of new Intstees Under the requirements of the conwanYs MeffKJrandum and Artides of asso(lat the trustee5 are elerted at the Annual General Meeting. Business and Management skills are well represented within the trustee Ity. The mix of twstee 5kiNs. if Ir)s1 due lo retirernen¢s. are mainlained by requirernent and regning trustees choogng lo matntain active contart with the Bnty providing ValUae Sk15 and expenence. Organi5ational Structure As wilh many charibes Haringey Mencap is govemed by its elected offi¢x5 and a 808rd of Tru51eesExecJJlive Cofflrnittee that includes Service Users. The Chief Exeojtyve has a 5maN team of Manager5 and A5515tanls who cary out the day to day operats.ons of the company. During 2022r23 Ihere were 3 meetsn9s ol the Tru*ee$ and the Annual General Meeting take ace on 17 October 21r23. REFERENCE AND ADMINISTRATIVE oAlLs Chiet Executive gie De Spong Hon Tr•a$ur•r Lucy Rea Executive Committé• Marie Lee Anne Rea Gary thaffl Gareth Jones Gerry VlImOtt MBE Lanre Babalola Joseph Brvce Lindsay OINer PU8UC 8ENEFIT STATEMENT The objeclives and actNibes. and achie¥ements and pertMance seth.ons ol tkn"s report deafy set out that the aciivities Ythith the tharity undertakes are the PLthIK tenefft. The Trustees confinn thal they have wmF4ied with Ihe duty in section 4 of the charibes Act 2011 to have due regard lo puJG benefrt guidance published by the C(xnrws5ion in detemuning the arAivrties undertaken by the Charity.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 5 APRIL 2023 This report has teen prepared in accordance the specjal pr103 of Part 15 of trt Comp8niesA¢i 2C(16 latsng to smal companies. The trustees. feport was approved by the Board ofTnJstees. Mr Rithard Tayl Chair of Trustees 17.October 2023
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2023 The Trustees, who are also the directors of Haringey Mencap rnited for the purpose of company law, are r8$pgn5ible for preparing Ihe Truslees. Repcrt and the finanrr& slateThnts in accordanTr wrth appltsble law and United Kingdom Accwntin9 Standards {Unrted KFngdLwn GenerallyAtcepied Accwntsng Practi1. Company Law requires the Trustees to prepare ffinanryal staiements for each ffinanaal year which grve a true at)d fair view ol thtr state of affair5 of the tharty and of the incoming resources and appli110 of resources, induding the income expenditure. of the chawltable cornpany ffthat year. In pparing these finanfial statements. Ihe Tnjstees are required to.. - select suitable accounting pcliues and then appty them coDsistenUy: - observe the melhods and principles in the Charilies SORP: - make judgements and estimates that a SOnable and kxudent: state whether applir2ble UK Accountsng Standards have been fed. 5Lknjecl lo Y materkql departures disclosed an¢J explained in the finanoal ststement5." a1 - epa the financjal statements the 90ing concem basis unless it is inappropriate to pre5Lm8 thal the charity wil continue in operabon. The Trust¢es are responsible for keeping adequate attounb.ng records that disdose with re8s0natAe accuracy at any time the financ4al p0sOn ofthe charty and enab Ihem to ensure that the financial slatements rA)mpty the Companies Act 2006. They are also reSpOnte for safeguarding the ass$ of the charity and heftce fof takiny rea50nJle steps lor the wevention and deted]on of fra4bJ aid (thw irregulit*s.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARINGEY MENCAP LIMED I report on the finanryal statements of the charity for the year ended 5Aprd 2023. which are Set Crt on pages 7 to 19. Respective respons•btlities of Tnrntees and examiner The charity's Trustees. who are 50 the direclors of Haringey Mencap Limiied for the purwses of company law, are respongble for the preparation of the financial stalements. The Trustees nSider Ihat an audit is not requ¢red for this year under Secti 144121 of the CharibesAd 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied mysetf that the charity is rnt sutyt to audit under company L¥* and ts elffjible for independent examination, it is my responsibility to. examine the financial slatements under secticn 145 of the 2011 Ac£ lil) to follow the wocedures laid thw4n in Ihe general Direttions given by the Charity Commissh)n under section 14S{Sllbl of the 2011 Act", and lii)I lo state whether partiojlar matters have trne lo my allention. Basis of independent examinerfs report y examination was carriefl out in accordance with the general Directs'ons gwen by the Chanty Commission. An examination includes a rewew of the accounting reccffds kepl by the thaity and a comparison of the financial slatements presented with those records. It also indudes consideration of any unusual items or disdosures in the rinancial statements. and seeking explanations fr(Yn you a5 trustees conc2mirg any suth rnatters. The produreS underlaken do r1 prode all the e¥KlerKe Ihat wrxjld be required in an audit and consequendy no opinion is given as to vthether the finanoal sts1•m•r pr•sent a 'true and fair view and the wort is limited to those matters set out in the next statement. Independent examinerfs statement In conneciiot) wilh my examination, no matter ha$ ry anenb"on.' (al which gNes me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in attordance wrth sedron 386 of the Companies Act 20l.. and (ill to prepare finanaal statements which acrd the KcountirrfJ records. comrAy wrth the arub"n9 requirements of 5eclion 396 of the Companies ACX 20[ and wth the Meth15 aThJ prinrAp5 of the Statem¢nt ol RQmmended Practice." Accounting and Reportin9 by Chawiiies." have not been or Ib) lo whith, in My oynion, attention sh¢wld be drawn in to able a prw undwstanding of t finanual 5tat¢merts to be reached. Jonathan Caton FCA FCCA Instilute of Chartered Accountants in England & Wales cal Fry & Co Ltd Chartered Accountsn15 Essex Hous? 74 The Shnjbberies George Lane South Woodford London E18 18D Dated.. 17 October 2023
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023 Current financial ye¥ Unrestricted Restsithd fund5 funds 2023 2023 Total Total 2023 2022 Donations and legacie5 Charitatle actiwbes Investments 2.657 214,854 2.657 216,554 823 3.420 209.592 389 1.70) Total income 218.334 220.034 213.401 Day servicÈ5 Spc¥15 and letsure seiS 211,944 8.395 1,7C¥J 213.$44 8.395 210,651 9.717 Totsi ¢horitoble expendiiure 220.339 1,7 222.039 220,368 Net expenditure for the yearl Net movement in funds 12.Cl)51 12,C051 {6,967) Fund balances at 6 April 2022 236.663 236,663 243.630 Fund balanees at 5 Aprll 2023 234,65B 234,658 236,663 The statement of finanaal adivbties inchjdes am gains arMI losses reccgnrsed in the year. AM irume and expen¢thture derive from continuing actMtse> The statement of finanual ac*vilies also rn[leS vnlh th8 reqUirernts for an ncrjne and expenditure account under the Crynpanies Ad 2rJJ6.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023 PrlorfinancSal year unrestrict Restricted funds funds 2022 2022 Total 2022 Notss Donations and legacie5 Charrtable aclivities tnvestments 3.420 194,336 389 3,420 209,592 389 15,256 Total income 198,145 15.256 213.401 Oay services Sports and leisure servi 200.465 4,$47 10.186 5.070 210.651 9.717 Total charitable expenditure 205,112 15.256 220.368 Net expenditure for the yearl Net movemeftt in lunds (6, {6,967) Fund balances 816Apwl 2021 243.630 243,630 Fund b813nees at S April X122 236,663 236,663
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 5APRIL 2023 2023 2022 Fixed assets Tangible assets Current assets Debtors Cash at bank and in hatKI 11 1,452 2,095 12 39.055 203.223 27.136 216,329 242,278 243,465 Creditots: •nounts falling duè 7Aithin one year 13 19.0721 18,89n Net current assets 233.2C 234,568 Totzl as$•ts less current liabilitie5 234.658 236,663 Income funds General unrestricted funds Oesignaied lunds.. Property purchase reserve ftJrx1 96,663 140,CI)O 140,CTh) 234.658 236.863 234.658 236,663 The company rs enlilled to the eXemptiC fr(xn the Jud requireW ctained in seclK)n 477 clthe CompaniesAct 2006. for the year ended 5 April 2023. The mernber5 have not required the ¢4Jnpany io obtain an audit of its nanCa statements for the yeaf in question in accordance with secon 476. The d1CtOrS acknovAedge their respon%kn"lrtJ"e5 for complw.ng with the requirements of the Cornparmes Act 20[6 wrth SpeCI to accounting iecLYds and the weparation of financ1 slatements. The3e fan81 statements have been prepared in a[dan¢C with the appli¢atle to o)mpanies subje¢X to the small companies regime. The accounts were aFqJroved by Trustees C 17 October 2023 Mr Richard Taylor Chair of Trustees Company R¢glstration No. 03710559
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET (CONTINUED) ASAT5APRIL 2023 Crilical accounting eslimates and judgements In the application of the cartys accounting pdicies. ihe Trustees are required to make judgements, esbrnate5 and assumptions about Ihe carrwng amounl of assets and liabilityes that are not adIlY apparenl from other sources. The estimates and assoctated assumptsons are based on histoncal experience and other factors that are con&dered to be Televant. AthJab regjlts may differ from these eskn'rnates. The esthmates arrfl undedying assumptKJns are eWed on an ongoing bass. Revisions to accounting estimates are recognised in the peritrj in which the estimate is revised where the $ln affects that period. or in the period of Ihe revision and firture periods where the re¥lOn affects bolh Current and future periods. Accounting polici8¥ Charity infornlation Haringey Mencap Limited is a private company limited by guaranlee incorporated in England Wales. The re9lStered office is The Bdl Brewery. 676 High Road. Tottenham, London. N17 OEA. 2.1 Accounting ¢on¥•ntion The accounts have been wepared in acccKdance with Ihe charrtys govemirs d9ment. the Companies Act 2LM)6 -Actsxnting and ReporDrMJ by Charibes.. S13temeni of Recommended PraclrE applicable to ChareS preparing accounts in aGrdance the Finanoal Reporting Standard appIlble bn the UK and Republic of Ireland IFRS 102)" {as amended f¢N acctyJnb"ng periods cornmenung from 1 J¥nu8ry 20161. The charity is a Public Benefft Enkn"ty as defined by FRS 102. The tharity has taken advantage of the provisions in the SORP fry tharib.es aFWwng FRS 102 Update 8ullets"n 1 not to prepare a Statement of Cash FIv5. The finaal statements we prepared Mi sdirb3. Twhth B Ihe furKab)nal curretxy of the thorfy. Monetary amounts in these financial ststemsrts are rtyjnded to the nearest £. The financial statements have been prepared wder the hisknbcal cost o)nvention. The principal acLountir pJliaes adopted are set txrt bekn¥. 2.2 Going eoneem The Trustees have revithved the cashllow for the 12 mrths after the accounts will be approved and consider that there are suffiaeni funds in tAace to meet the requtrements. Thus the Trustees continue to adopt the going concern basis of accotmb.ng in prepar the fThnual statements. 2.3 Charitable funds Unrestricted funds availat4¢ for use at the discretron of Trustees in furtheranrx of they tharitable objectives. Designated funds are those whth Ihe Trustees e deoded Shk1 be earmarted for a spe¢fft purpose. Restricfed knnds are subj'ed lo specific conditions by Llonors as to they rnay be used. The purFoses and Uses ofthe reslricted lunds are set out in the Th)tes to the financ411 statements. 10-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 Accounting policies Icontinuèdl 2.4 Incoming resources In¢ome is recogni5ed when the d)arity ts legaty entlld to it after any performance conditirm5 have been mei. the arnounts can be measured rdiab, and it is Probab that income will be red. Cash donations are recognised on recevl. Other dal#S are recognised c$Ce the tharity has be noiifred of the donation. unless perforrnance conditions require defetyal of the amount. Income tax recoverable in retation to donations received under Llft AA"d OF deeds of co¥ant is iecognised at the time ofthe donatson. Legaaes are recognised receipt or otherwise rf the thgrity has been nofied of an impending dk%triLwlion, the amount is known. and receipt is expected. If the amount Is not known. the legacy 15 treated as contingent asset. e a grant is awarded relaies to services vthith be provided partly rA fuly in $ubsequenl financial periods, the grant income is app(¥ffjoned on a prrata ba95. wfth inwme relab"roJ to Ihe subsequent financial year is being deferred and carrEd f0Thrd to be rec(yJnised as income in the subsequent financial year. sutiect to meeting Ihe grant term requirements. Govemment Grants are reccsnised when received or when there reason4e assurance that the grnnt conditions wll be met and the grants wll be rec¥ed. Expenditure is recogritsed On there is a legal or CAJnStnJdive obTh"gatr"¢m to transfer ecA)nomie benefft to a ihird party. it is probable that a transfer of ecOrniC beneffts wll be required in settlement, and the amount ol the obltgaty.on can be measured rdiabty. EXpeThJitU is dasgbfied by activity. The costs of eath aclmty are made w) of Ihe total of dirert rA)st5 and shared costs. including support costs in¥ofved in un(Jertakn"ng each activty. Oireu costs anributat4e to a single activty are allocated directly to that activty. Sharet1 c£Jsts vh)th contribute to MO than one aclivity and support COSts which are not attrilxrtabk to a single activty a apportioned btheen those actvibes on a basis consistent th the use of resrCeS. Central staff costs are alkjcated on the basis of ts.me spent. and depreualion charges ar8 alkK3t8d on ports.on ofthe assel's use. 2.5 Tangible fixed asstts Tangible fixed assets are initialty measure(l at C051 and subsewenuy measured at cost LY valuation. net of deprecialion and any irnpainnent 1055es. Dweciat¢on is recognised so as to off the cost or Valuation of assets less their restdual values over their U5efvl Ives on Ihe following base5'. FlureS and fittings CornpLrters Motor vehides 25% on reduong balance 33% on reduong balance 33% on Yon9 balance The gain or loss arising on the disposal of an asset is determined as th8 drfferenrx betsYe¢n th? 5a18 pfoceeds and the carrying value of the asset, and 1$ recognised in the statement of financial ath"thes. 2.6 Impalent of fjxed assets At ead) reporting end dale. the chanty wews the carrylig afflnts of ts tangible assets to detemTrine wheihef thwe is any indication thai those asse15 have suffered an impaTment loss. If any such indration exists. the recoverable amount of Ihe as5¢t is estimated in order to deterniyie the extent of the irnpairrnent loss lif any). 11
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Ac¢owkng policie {Continuedl 2.7 Cash and eash equivalents Cash and cash equivalents indude cash in hand. deFQSits held at call wilh banks. other 5hort4erm liquid investrnenls wilh onginal maturities of three months or bess. and bank overdraft5. Bank o¥erdrafts are shown within borrowings in cvffent liabilths. 2.8 Financial instruments The charty has elecied to appty Ihe provisiLS of Seclion 11 'Basic Finanaal Instruments. and Settn 12 'Other Finan81 Instrurnent$ 155ues' of FRS 102 to all of ils ffinancaal inslnjments. Finana31 strUmentS are recogni5ed in the chaiitys balance sheet when the charity becomes party to the contractual provisions of the instnJment. Finanua assets and liatslities we offset. the net amounts wesented in the financjal ststemen15. vthen there is a legaly enforceable right to sel off the recognised amounts and there is an intentbon to setlle on net basis or to realise the asset and sellje the liabilrty SirnLJhaneousty. Basic financial 355ets Basic financial assets. which indude debtors cash and bank balances. are initially measured 81 transaction induding transaction cos15 and are subsequenvy Garwied at amortised cost Using the effethve interest method unless the arrangement conslrtutes a financing transaction, where the transactity) is measured at the present value of the fijture receipts di5counied at a martet rate of interesL Finanual a55ets dasgfied as reCeivale wthin one year are not arn11$ed. 8asi¢ fin3n¢ial liabilitses Basic financial liabilities, indudirwJ ue(litors arKI bank loans a initially recognised at Iransaction price unless the arrangement constitutes a financFng tranS"On. where the debt instrumenl is rneasured at the present value of the fure payments discourted ai a mathet rate of interest. Financial liabilities classthed as payable within one year are not arnorti5ed. Debt instru0ts are subsequenty (arried al 8rrnN1d cost. Ing the effeclive inte¢ rate method. Trade cfedrtor5 are 019atiOnS to pay for 9(xrfls or seTrices that have been acquired in the ordiw cLwrse of operatiofts fr¢Th suppliers. Amouftts payable are da5srfied as ¢urrent "a"h"tieS rf payment is due within one year or less. If not, they are presented as non-wrrent liabilrties. Trade creditors are recognised ini1ially at transaction price and Subseq measured at nOrtiSed cost ugng the effective interesl method. Derecognltion of Ilnancial liabilities Financial liat4.1.e5 are dere#iSed vthen the chantys contr obliyath.ons expire or are discharged or ¢ancdled. 2.9 Employee benefits The cost of any unused holklay entillement is recognised in the wiod in the employee's services are Terniination beneffts are recognised immediaiety as an expense when the charity is demonstrabty committed to terniinate Ihe employment of an employee or to provide tem)ination beneffts. 2.10 Retirem•nt benefits Payments lo defined Ctribut)n retirement tefft schemes ¢hafged as expense as they tsll due. Contritrwjtions a allocated to unfestricted fijnds of the dmritable activity on which the majority of staff time is 12-
HARINGEY MENCAP LIMITED {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Donations and legacies Unre5tri¢ted funds T¢)tsl 2023 2022 Donations and gifts 2.657 3,420 13-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Chaiitable activiti•s 2023 2022 Performance rdate(I grants Other income 186.884 29.670 180.542 29,050 216.554 209.592 An3tyS by fvnd Unrestrictefl fund5 Restricted funds 214,854 1.7(Kl 216.554 For the year ended S Apfil 2022 UnstriCted funds RestriGted fvnds 194,336 15.256 209.592 Perfomiance related grants London Borough of Haringey RMS Southem Division Mencap Greater London Authority Bridge Othefs Nibwu 184.034 161,869 3,386 5,070 6,800 2,517 575 1,7 575 900 186,884 180,542 14-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Charitablè aetivlties Day Sports and leisure $èTh4cès 2023 Totsl 2023 Totsl 2022 2023 Staff costs Travelling & transport Client a¢Ji¥ity ¢tsSt$ Insurance Telephone Fixtures & fittings Motor vehides Computer equipment 102,279 12,2 2,180 102,279 12.29) 2.180 103.770 11,150 4,002 1,849 875 205 43 936 154 29 459 143 27 427 11 32 118.642 45 118,687 122,580 Share of support cost$ (s•• rh)t• 61 Share of govemance rA)sts (see noie 61 84.373 10,629 92,723 10,629 87,$67 10,221 213,644 8.395 222,039 220,368 Analysss by lund Unrestricted lunds Restrided fund$ 211,944 1.7 220,339 205.112 15,256 213.644 222,039 220,368 For year ended 5 April 2022 Unfestri¢Xed funds Resthded funds 200,465 10.186 4,647 5.070 205,112 15,256 210.651 9,717 220,368 15-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (corINUED) FOR THE YEAR ENDED 5 APRIL 2023 Supporteosts Support Governance osts 2023 2022 Basis of allocation Rent, rates & water Insurance "ght & heat Telephone Postage & stalJnery Managernent & admin Clinical waste & cleanin9 Repair & maintenan Sundry costs 25.5 1.762 3.979 281 317 58.B34 830 1.220 25.500 1,762 3.979 281 317 58.834 830 1,220 18.923 Use of re5011roes 1,457 Use of reswrces 3,502 Use of resources 125 Use of resource5 591 Use of resources 62.342 Use of resources 564 Use of resoufces Use of resources 63 Use of resources Legal and prOfeonal Independenl examine¢s fee$ AccoLmtancy fees 2.391 2,391 2,379 Governance Govemarce 2.136 6.102 2,136 6,102 5,808 Govemar 92.723 10,629 103.352 97,788 Analysed beeen Charitable a1veS 92.723 10.629 103.352 97.788 Allocation of support and govemance costs In accordance with SORP IFRS 102) supwjrt Costs and g0Veman costs have been allocaled to the Charitab activ"e5 to whith they lale. Support ¢05ts are allo¢aied to the thathat4e tilieS the f011ryn9 ratio.. Day setyic¢$ 93%, Sports & ltysu seMce$ 7% (2021". Day seThice5 93%, Sptyts 8 leisure seThices". 7%). Govemance costs intyjrred are allocated to charitat4e activities in accordance vJith the Charits'es SORP and have been fulty albcated lo Day SeNces. Trustees None of the Trustees lor any r$on$ cCneCted with them) rtt*ved any remuneration or beneffits fr(Th the charity during the year. Trusttès, expenses There were no tru5tees' expertses paid for the year ended 5 April 2023 rnr for Ihe year ended 5 April 2022. Employees The aYera9e monthly number empknyees during the ye81 was". 812022". 10) 2023 Nurnber 2022 Number VVorkiThJ acr055 all 5er¥ice5 10 16-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Employee5 Icontinuedl Employment eosts 2023 2022 Wages and salaries Soual secursty costs Other pension Costs 101.479 102.406 511 853 102,279 103,770 There were no emF4oyees whose nal remuner*iM was Ihan £60.0. Net movement in funds 2023 2022 Net movement in fijnds 1$ stated after charginglluediting) Depre0al)n of tangible fixed assels Operaling lease thar9es 934 6,611 32.111 10 Taxation The charity is exempt from tax C income and gains falling within section 505 ofthe Taxes Act 1988 or seclion 252 ofthe TaXatIOf Chargeable GainsAct 1992 to the extent thal these are applEd to its chan(ae obj'ects. 11 Tangible fixed assets Flxt¥rvJ and Corn lknr v•hkl•• Total Cost At 6 April 2022 21.6CK) 7.103 7.2 35,993 At 5 April 2023 21,fJXI 7.103 7.2 35,993 Depreciallon ¥nd impalmient At 6 Apnl 2022 Depreciation charged in the year 20.986 154 5.710 7.202 29 33.898 643 At S Awil 2023 21.140 6,170 7.231 34,541 Carryin9 amount At S April 2023 933 59 1.452 At S April 2022 614 1.393 2,09S 17-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 12 Debtors 2023 2022 Amaunts falling due within one year. Trade deblors Other debtors Prepayment5 and acc¥ued incorr 28.382 3,750 6,923 15,451 4,950 6,735 39.055 27.136 13 Creditors: •mounts falling due *ithin one year 2023 2022 Other taxatw and swal security Other creditors Accruals 654 60 8,837 .418 9.072 8,897 14 Designated lunds The trust¢es believe that it wil become necessary for the charity to wrchase ivs own wemises have set up a des¢gnated fiJnd. the property purthase feseNe fund. to hold SLrffjrient funds to acquire 8 suitsble property as il becomes available. The balance of the fvnd at the year end is £140.COJ hekj primarily as rash deposits in business sang5 actounts_ 15 Operating Itast ¢¢mmitrnents At the reporting end dale the charity had OLrtstarwling commitments for future minimum lease payments under nt-cawKelIable operating leases. which fal due as foknvs". 2023 2022 thin one year Beh¥een and fNe years 32.111 102.000 32.111 134,111 134.111 166,222 18-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 16 Related party traactiOnS Remuneration of key management personnel The remuneration of key management perSne4 ks as folows. 2023 2022 Total key management pwsonrI remuneralion 49,272 51,456 Transactions with related pae¥ During Ihe year amounts tolalling £410 12022.. nil) were paid to Mark De Spong, son ol Ihe charity's Chief Executive. Angle De Spon9, in respect of servr*s provided to the thanty induded wilhin sessional fees in the finanaal staternen¢5. 19-