2021-03-31-accounts

DISABILITY INFORMATION ADVICE LINE (DIAL) ANNUAL GENERAL MEETING

28th OCTOBER 2021 CHAIRS REPORT

I have pleasure in presenting my second Chair’s report.

The past 12 months has once again presented some challenges to our daily lives; but as COVID restrictions have been eased thankfully we have returned to some sense of normality

As a consequence of this, pleasingly this year’s Annual General Meeting can once again be held ‘in person’ and regular trustee meetings are now taking place.

DIAL have continued to adapt day to day working practices and have relative recently recommenced face to face client appointments. All staf and volunteers have continued to show willingness and flexibility to ensure a key community service is available.

On behalf of the trustees I would like express my thanks and appreciation to all at DIAL for their ongoing hard work and commitment.

E.V.M 6.10.21

Page 2

Dial South Worcestershire

Financial Accounts

For The Year Ended 31 March 2021

DIAL SOUTH WORCESTERSHIRE BALANCE SHEET

AS AT 31 MARCH 2021

DIAL SOUTH WORCESTERSHIRE BALANCE SHEET AS AT 31 MARCH 2021	DIAL SOUTH WORCESTERSHIRE BALANCE SHEET AS AT 31 MARCH 2021
CURRENT ASSETS Note General Restricted TOTAL Fund Funds Cash at Bank and in hand 63,767 63,767 Total Current Assets 63,767 - 63,767 CURRENT LIABILITIES Accruals & Short Term Creditors 12 2,491 - 2,491 - NET ASSETS 61,276 - 61,276 GENERAL RESERVES As at 1 April 2020 36,860 - 36,860 Change in reserves 24,416 - 24,416 As at 31 March 2021 61,276 - 61,276		2020 36,960
		36,960 100 - 36,860
	36,860 - 36,860 24,416 - 24,416 61,276 - 61,276	37,900 1,040 - 36,860

For the year ending 31/03/2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime

SIGNED Name Sarah Baldwin ACMA CGMA Position Head of Finance Date 25/06/2021

Statement of Financial Activities

For the year ended 31 March 2021

(incorporating the income and expenditure account)

INCOMING RESOURCES

Worcs CC SS Grant Fund Raising COVID-19 Donations Bank Interest Gift Aid

RESOURCES EXPENDED

Charitable Expenditure Governance Costs

TOTAL RESOURCES EXPENDED

Transfer between funds

Net Movement in Funds

Fund Balance brought forward Fund Balance carried forward

Note General Restricted TOTAL Fund Fund 2a 18,936 18,936 2b 22,204 22,204 2c 31,940 4 1,871 1,871 4 16 16 - - 74,967 - 43,027 3a 50,551 50,551 24,416 - 7,524 - 5 - - - 5 24,416 - 24,416 36,860 - 36,860 61,276 - 61,276	Note General Restricted TOTAL Fund Fund 2a 18,936 18,936 2b 22,204 22,204 2c 31,940 4 1,871 1,871 4 16 16 - - 74,967 - 43,027 3a 50,551 50,551 24,416 - 7,524 - 5 - - - 5 24,416 - 24,416 36,860 - 36,860 61,276 - 61,276	2020 19,500 1,890 8,767 40 589
	74,967 - 43,027	30,786
		45,545
	24,416 - 7,524 -	14,759 -
		14,759
		14,759
	36,860 - 36,860 61,276 - 61,276	37,900 36,860

Notes to the financial statements for the year ended 31 March 2021

1 Accounting policies

a) Basis of preparation of accounts

The financial statements have been prepared under the historical cost convention and comply with the Companies Act 1985. The Financial Statements have been prepared in accordance with the Statement oF Recommended Practice (SORP)"Accounting and Reporting by Charities March 2005",the Financial Reporting Standard for Smaller Entities (FRSSE) and applicable accounting standards.

b) Fund accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the charitable objectives of DIAL.

Restricted funds are subject to specific restrictions imposed by donors or by the purpose of the appeal. The purpose and use of restricted funds is set out in the notes to the financial statements

c) Incoming resources

All income is accounted for as soon as DIAL has entitlement to the income, there is certainty of receipt and the amount is quantifiable.

Donated facilities are as described in note 9.

d) Pension policy

DIAL operates a pensions policy in compliance with Stakeholder pension requirements and contributes at a rate of 5% of salary

e) Resources expended

All expenditure is accounted for on an accruals basis and has been listed under headings which aggregate all the costs related to that activity. Where costs cannot be directly attributed, they have been allocated to activities on a basis consistent with the use of resources.

Direct costs, including directly attributable salaries are allocated on an actual cost basis to the area of activity. Overheads are allocated between expense headings on the basis of time spent Governance costs are no longer required to be displayed separately in the financial accounts and organisational administration and compliance with constitutional and statutory requirements.

f) Fixed assets Policy

Assets valued at under £1,000 are written off in the year of purchase. Assets over £1,000 are depreciated at 25% of cost per annum for tangible fixed assets and 33% of cost per annum for computers so as to write them off over their expected useful lives.

g) Changes to previous accounts

None

h) Interest Received

In accordance with ACEVO recommendation, interest received on combined bank accounts has been allocated proportionately to restricted accounts only when there has been a specific request in the the contract with the funding organizations. No such requests have been received

2 Income

a) Grants

Dial South Worcestershire has a contract from Worcestershire County Council (WCC) as part of the Worcestershire Advice Network partnership with Citizens Advice / WHABAC and Age UK's to provide information services on contract to the council

b) Fundraising

Dial has been successful in winning funds

from various trusts and charities which are outlined below. Without the support of these sponsors Dial would not be able to carry out the full range of its services and we are extremely grateful for their support.

c) Covid-19 funding

Dial has been able to secure funding from various sources to enable our organisation to provide its valuable service throughout the pandemic period.

Staff were furloughed for part of the 2020/21 period. See heading HMRC.

WCF COVID-19 WCC MS Society HMRC Eveson Disability action Sundry Donations John Martin's Charity Roger & Douglas Turner Grant Gift Aid Bank Interest	General Fund 24,236 18,936 9,100 7,704 7,500 4,158 1,871 1,446 - - 16 74,967	Restricted 2021 Fund Total 0 24,236 0 18,936 0 9,100 0 7,704 0 7,500 0 4,158 0 1,871 0 1,446 0 - 0 - 0 16 - 74,967	2020 - 20,700 2,100 - 7,565 - 5,584 1,446 2,000 803 53
			40,252

3 Resources expended

The activities of the charity are determined by the direct request of clients. It is estimated that about 15% of time of the core project is spent on management and administration.

a) Analysis of total resources expended

General Restricted TOTAL Fund Funds Charitable Activities 50,551 - 50,551 Governance - 50,551 - 50,551 b) Transfers between funds Restricted Funds General Lloyds Transfers between funds Fund - - - -

c) Analysis of costs

		Total
Salaries		37,273
Travel		691
Telephone & Postage		1,769
Stationery		162
Professional Fees		1,896
Copier Hire		615
Computer		403
Printing		410
Domestic		92
Training		219
Core		7,021
TOTAL	£	50,551

From April 2020 to March 2021 there were four part time employees who worked the equivalent of 1.4 FT employees ( based on a 37 hour week.)

4 Analysis of Incoming resources

The principle incoming resources are granted and fundraising as shown in Note 2 together with donations (£1871) and bank interest (£16).

5 Movement of Funds Income WCF COVID-19 WCC MS Society HMRC Eveson Disability action Sundry Donations John Martin's Charity Roger & Douglas Turner Grant Gift Aid Bank Interest Total Expenditure Transfers Net Balance B/fwd Balance	General 24,236 18,936 9,100 7,704 7,500 4,158 1,871 1,446 - - 16 74,967 50,551 - 24,416 36,860 61,276	2021 Restricted Total - 24,236 - 18,936 - 9,100 - 7,704 - 7,500 - 4,158 - 1,871 - 1,446 - - - - - 16 - 74,967 50,551 - - - 24,416 - 36,860 - 61,276	2020 - 20,700 2,100 - 7,565 - 5,584 1,446 2,000 803 53
			40,252
			41,292 -
			1,040 -
			37,900
			36,860

6

No remuneration was paid to trustees during the year.

7

No travel expenses were paid to trustees during the year.

8

No indemnity insurance was paid to protect the charity from loss arising from the neglect or defaults of its employees and volunteers.

9

The Trustees and staff gratefully acknowledge the support by the Crown Estate through the provision of premises and services free of cost, and the continued support of volunteers who enable the work of DIAL. 10

Reserves and future liabilities

The trustees have a policy of maintaining the reserves above a level that would meet the predicted redundancy costs of the staff; there are no contract costs for premises or services.

11 Debtors and prepayments None 12

Creditors and Accruals

There are 7 cheques, totalling £2,941 that have not been cashed but relate to 2020/21 Cheque numbers 2655, 2657-2662

13

Balances in restricted funds

There are no restricted funds

14

Fixed Assets

Purchases of less than £1,000 are written off in the year of acquisition. DIAL has no single asset of value greater than £2,000

Value at 31 March of office computers £Nil

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15
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Organisation Risks

Future funding of the organisation beyond March 2022 depends on the renewal or replacement of existing Services Level Agreement for the core project, and securing sources of funding for the Welfare Benefit Advice.

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16
Reserves Policy
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The Trustees have a policy of maintaing sufficient reserves to ensure the continued operation of the charity for three months.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIAL SOUTH WORCESTERSHIRE I I'eport on the accounts of the charity for the year ended 31. March 2021, which are set out on the following pages. Respective Responsibilities of Trustees and Examiner The charity's trustees are responsible for the prepa ration of tlie accouiits. The cha rity's trustees consider that an audit is not required for tliis year uiider Part 16 of the Compaiiies Act aiid that an independent exainiiiation is needed. The cliEJrity's gross incoine does not exceed £250,000 and l am qualified to undertake the examination by being an independent examiner. 11 is my responsibility to.. 'exainine the arcounls (under section 145 of Ihe Charities Act 20111.. 'to follow the procedures laid down in the General Directioiis given by the CharSty Commissioners (under section 145 (5)(b) of the Act); and to slate whother particular matters have come to my attention Basis of Independent Examiner's Report My examination wa5 carried out in accordaiice wlth the General Directions siven by the Cliarity Commissioners. An examination includes a review of the accounting records kept by the cliarily and a comparison of the account5 presented with those records.11 also includes corlsideralion ol aiiy unusual items or disclosure% in Ilie accounts, and the Seeking of explantions froin you (?s Iruslees concerning any sucl) n)atlers. The procedures undertaken do not provide all Ilie evideiice that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts. Independent Examiner's Statément In connection with my exainiiialion, no matter has come to my attention.. *whlch gives me reasonable cause to believe that, in any material respect, the requirements (alto keep accounting records in accordance with s386 of the Comp8nies Act 2006., and (b)to prepare accounts which accord with the accounti ng records and to comply with the accounting requirements of the Compan ies Act 2006 and Statement of Recommended Practice- Accounting and Reporting by Charities (revised 2005) have not been Inet., or

'to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be reached. 2J/o3/ 11 Josephine Leslie ACA