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2021-03-31-accounts

Trustees Liz Allen
Jane Edmunds —resigned 9December 2020
Peter Elliott
Michael
Lilley
Malcolm
Marshall
Emilie Myers
Lee Peckham
Shaun Woolford
Edward Webb —appointed 9December 2020
Shaun Woodford
Chief Executive Officer Jo Dare
Company Secretary Jo Dare
Patrons Rob da Bank
Josie da Bank
Lord Michael Grade
Charity Number: 1087163
Company Number: 04149036
Principal address 8 114Pyle Street
Registered Office Newport
Isle ofWight
PO30 1XA
Contact details:
Tel: 01983529569
Email: info
io
outhtrust. co.uk
Website www. io
outhtrust. co.uk
Bankers Barclays
8 High Street
Ryde
PO33 4PE
Independent Examiner Moore (South) LLP
9StJohn's Place
Newport
Isle ofWight
PO30 1LH
Governing Instrument Memorandum and Articles ofAssociation dated 29 January 2001

Trustees'
and Directors'		 Trustees'
and Directors'		 Report 1-9
Independent
Examiners		 Report 10
Statement of Financial Activities (Including Income and Expenditure Account)
Balance Sheet 12
Cashf low Statement 13
Notes to the Financial Statements 14-23

2019 2020 2021
Census Covid Covid
30% 44% 42% 28% 12%
It's been hard togo tosleep orstay
asleep		 33% 37% 27%
26% 24% 39% 43% 36% 33%
r
I am often unhappy,
down or tearful		 22% 37% 38% 42% 40% 21%
17% 26% 31% 39% 62'/o 36%
I have felt totally lacking In energy
and enthusiasm		 37% 43% 19%
~
~		 16% 27% 26% 37% 60% 36%

Unrestricted Restricted Total Total
Funds Funds 2021 2020
Notes 6
INCOME:
Donations
and legacies		 70,678 455,628 526,306 345,740
Income from charitable activities 256,896 256,896 206,192
Investment
income		 1 612 1 612 1 549
TOTAL INCOME 329,186 455,628 784,814 553,481
EXPENDITURE
Costs of raising funds
Costs offundraising 25,000 25,000 30,659
Charitable
activities:
Counselling
services		 176533 394328 570861 498406
TOTAL EXPENDITURE 201,533 394,328 595,861 529,065
NET INCOME/(EXPENDITURE)
BEFORETRANSFERS 127,653 61,300 188,953 24,416
Gross transfers
between		 funds
NET SURPLUS/(DEFICIT) FOR THE YEAR 127,653 61,300 188,953 24,416
FUND RECONCILIATION
Fund balances as at 1 April 2020 447 372 43692 491 064 466648
Fund balances at 31 March 2021 575,025 104,992 680,017 491,064

Trustees Report a nd Unaudited
Ac		 counts for t he year ende d 31 INarch 2 021
BALANCE SHEET
At 31 INarch 2021
2021 2020
Notes E E
FIXEDASSETS
Tangible assets 286,411 286,678
CURRENT ASSETS
Debtors 39,333 48,371
Cash at bank 536862 339239
576,195 387,610
Creditors: amounts falling due
within one year 10 ~27516 {20700)
NET CURRENT ASSETS 548 679 366910
835,090 653,588
Creditors: amounts falling due after
More than one year 155073 162524
TOTAL NET ASSETS 680,017 491,064
INCOME FUNDS
Unrestricted
funds		 12 575,025 447,372
Restricted funds 13 104992 43692
680,017 491,064

Trustees Report and Una Trustees Report and Una u dited
A		 ccounts for the year ended 31 March 202 1
CASHFLOW STATEMENT
For the year ended 31 March 2021
2021 2020
E E
Cash flow from operating activities
Net cash flow from operations As below 216394 37967
Total cash flow from operating
activities		 216394 37967
Cash flow from investing activities
Interest received 1,612 1,549
Proceeds from sale 130,340
Payments
for fixed assets		 ~12932
Total cash flow on Investing activities 11,320 131889
Cash flow from financing activities
Repayment
of borrowing		 7451 (36551)
Total cash flow on financing activities 7451 {36551)
Net increase in cash and cash equivalents 197,623 133,305
Cash and cash equivalents at 1 April 2020 339239 205 934
Cash and cash equivalents at 31 March 2021 536,862 339,239
Cash and cash equivalents consist of:
Cash at bank and
in hand		 536862 339239
Cash and cash equivalent at 31 March 2021 536,862 339,239
Reconciliation
of income		 to net cashflow from operations:
2021 2020
E F
Net surplus
of income over		 expenditure for the year 188,953 24,416
Adjustments
for:
Interest received (1,612) (1,549)
Depreciation
charges		 13,199 8,369
(Increase)/decrease
in debtors		 9,038 640
Increase/(decrease)
in creditors		 6816 6091
Net cash from operations 216,394 37,967

Unrestricted Restricted Total
Funds Funds 2020
Notes E
INCOME:
Donations
and legacies		 87,536 258,204 345,740
Income from charitable activities 206,192 206,192
Investment
income		 1 549 1 549
TOTAL INCOME 295,277 258,204 553,481
EXPENDITURE
Costs ofraising funds
Costs offundraising 30,659 30,659
Charitable
activities:
Counselling
services		 243 944 254 462 498406
TOTAL EXPENDITURE 274,603 254,462 529,065
NET SURPLUS/(DEFICIT) FOR THE YEAR 20,674 3,742 24,416
FUND RECONCILIATION
Fund balances as at 1 April 2019 426 698 39950 466 648
Fund balances at 31 March 2020 447,372 43,692 491,064
3.
INCOME		 Unrestricted Restricted Total Total
Funds Funds 2021 2020
E E F
Donations
and le acies
Donations
including		 gift aid 2,694 2,694 11,148
Grants and donations —Charities and Foundations 67,750 455,628 523,378 294,954
Gala dinner donations 234 234 36,198
Fundraising
income /		 Festival ticket donations 3440
70,678 455,628 526,306 345,740
Income from Charitable Activities
Counselling
service level agreement
CCG &Anna Freud IAPT 256896 256 896 206 192
256,896 256,896 206,192
Investment
Income
Bank interest 1,612 1,612 1,549
TOTAL 329,186 455,628 784,814 553,481

4.
EXPENDITURE
Unrestricted Restricted Total Total
FFdF t: Funds
E		 Fundsf 2021
E		 2020
E
Gala Dinner expenses 10,659
Wage costs 25000 25 000 20000
25,000 25,000 30,659
Charitable
Activities
Counselling
services:
Wage costs 35,394 339,448 374,842 256,524
Sessional fees 39,968 39,968 150,665
Direct costs 35,265 33,658 68,923 21,485
Support costs 61 168 21 222 82 390 65347
171,795 394,328 566,123 494,201
Governance
costs:
Trustee expenses 25
Accounting
and		 Independent Examination 4 738 4738 4 360
176,533 394,328 570,861 498,406
TOTAL 201,533 394,328 595,861 529,065
Of the comparative total expenditure figure off529,065,8254,462 was restdcted fund expenditure.
2021 2020
Support costs E E
Payroll charges 442 339
Printing
postage		 and administration costs 2,185 3,744
Advertising
and		 marketing 727 1,203
Utilities 2,136 5,904
Cleaning 1,085 4,345
Insurance 3,685 3,244
Subscription s 1,438 2,650
Bank charges and interest 5,699 7,520
Telephone 1,234
Legal and professional fees 3,279
Bookkeeping 7,010 5,870
Consultants 4,920
Rent and leases 14,216 2,110
Maintenance 21,222 4,278
Sundry 685 4,830
Covid-19 costs 7,426 2,741
Depreciation 13200 8370
82,390 65,347

NO TES TO THE FINANCIAL STATE TES TO THE FINANCIAL STATE MENTS
5. ADMINISTRATIVE EXPENSES 2021f 2020
E
The surplus/(deficit)
is stated after		 charging:
Independent
examination		 2,000 2,000
Other accounting
services		 2,738 2,360
Depreciation
ofowned fixed assets		 13,200 8,370
6. STAFF COSTS AND RELATED PARTY TRANSACTIONS
2021 2020
E
Wages and salaries 362,136 250,922
Social Security costs 30,230 20,161
Pension costs 7476 5441
399,842 276,524
The average weekly number ofemployees during the period was as follows:
2021 2020
Project and office administration (Actual) 11
Project and office administration (FTE) 14 8

NO TES TO THE FINANCIAL STATEMENT S
8. TANGIBLE FIXEDASSETS
Land & Office
Buildings Equipment Total
6 F
Cost at 1 April 2020 294,222 47,816 342,038
Additions
in the year		 12932 12932
294,222 60,748 354,970
Depreciation
at 1 April 2020		 11,770 43,590 55,360
Charge for the period 5885 7314 13199
At 31 March 2021 17,655 50,904 68,559
Net Book Value at 31 March 2021 276,567 9,844 286,411
Net BookValue at 31 March 2020 282,452 4,226 286,678
9. DEBTORS
2021 2020
K
Grants receivable 35,833 42,179
Other debtors 2,692
Prepayments 3.500 3500
39,333 48,371
10. CREDITORS DUE WITHIN ONE YEAR
2021 2020
Amounts
falling due within one year:		 E
Bank loan (current portion) 6,568 5,828
Trade creditors 5,688
Accruals 3,120 2,500
Taxation - PAYE 17828 6684
27,516 20,700
11. CREDITORS DUE AFTER ONE YEAR
Amounts
falling due after more than one		 year:
Bank loan 155,073 162,524
The bank loan is secured on the freehold property.

12. UNRESTRICTED FUNDS
At Fund At
1 April Income Expenditure Gains) Transfer 31 March
2020 (losses} 2021
E E F
Unrestricted 439,047 329,936 (201,533) (252,500) 314,950
Designated
Building
fund and		 roof repairs 55,000 55,000
Service transition 130,000 130,000
Workforce development 47,500 47,500
Covid recovery 20,000 20,000
Computer
renewal		 8Database 7,575 7,575
Cowes Enterprise College 750 ~750
Total Designated 8325 750 252 500 260 075
Total Unrestricted fund 447,372 329,186 (201,533) 575,025
The Trust has designated the above funds towards IT projects.
COMPARATIVE At Fund At
1 April income Expenditure Gains/ Transfer 31 March
2019 (losses) 2020
E K
Unrestricted 416,392 252, 207 (229,552) 439,047
Designated
Computer
renewal		 &Database 7,575 7,575
Cowes Enterprise College 1,070 (320) 750
Drugs and Alcohol Service 1,731 (1,731)
Contract income Anna Freud
Sovereign
Housing		 1 000 42,000 (42,000)
~1000
Total Designated 10306 43 070 (4~5051 8325
Total Unrestricted fund 426,698 295,277 (274,603) 447,372

At Fund At
1 April 2020 Income Expenditure Transfer 31 Nlarch 2021
E E E E
Grants towards Core Staff Costs
Paul Hamlyn
Foundation		 50,000 (30,000) 20,000
Counselling
and
Advocacy Services
Blagrave Trust 7,500 30,000 (37,500)
Lloyds 25,000 (25,000)
MIND 47,200 (47,200)
HEE 35,833 (35,833)
National
Lottery Big		 Lottery Fund
Awards for All 27,450 109,800 (109,800) 27,450
Public health 78,365 (54,115) 24,250
Violence Reduction Unit 3,742 3,412 7,154
Police and Crime Commissioner 11,500 11,500
Church of Friends 32,518 (27,880) 4,638
Bernard Sunley Grant 10,000 10,000
Computers/IT
equipment		 for SLT 3,000 (3,000)
IT expenditure 2,000 (2,000)
Shop conversion
Newport
and Carisbrooke
Community
Council		 5000 17000 22000
Total Restricted funds 43,692 455,628 (394,328) 104,992

13.RESTRICTED FUNDS (continued)
At Fund At
Comparative
Information		 1 April 2019 Income Expended Transfer 31 March 2020
E E E F
Grants towards Core Staff Costs
Paul Hamlyn
Foundation		 30,000 (30,000)
Counselling
and
Advocacy Services
Blagrave Trust 7,500 30,000 (30,000) 7,500
Children
in Need project		 40,000 (40,000)
National
Lottery Big Lottery Fund—
Awards for All 28,700 113,550 (114,800) 27,450
Public health 10,000 (10,000)
Violence Reduction
Unit		 7,154 (3,412) 3,742
Fidelity (IT) 500 (500)
Police and Crime
Commissioner
(Hampshire)		 3,750 17,000 (20,750)
Shop conversion
Newport and Carisbrooke
Community
Council		 10000 (~5000 5000
Total Restricted funds 39,950 258,204 (254,462) 43,692

Unrestricted
&Designated Restricted
Funds
F		 Fundsf 2021
E		 2020
F
Tangible fixed assets 286,411 286,411 286,678
Current assets 471,203 104,992 576,195 387,610
Creditors (~182589 ~182589 (183224)
575,025 104,992 680,017 491,064
COMPARATIVE ANALYSIS OF NET ASSETSBYFUNDS
Unrestricted
& Designated Restricted
Funds Funds 2020 2019
E F E E
Tangible fixed assets 286,678 286,678 295,048
Current assets 343,918 43,692 387,610 385,285
Creditors ~183224 ~183224 ~213685)
447,372 43,692 491,064 466,648

The charitable
company has operating
lease comm		 itments
in respect of land and buildings as		 outline below:
2021 2020
E E
Within one year 14,000 14,000
Between Iwo and five years 14000
14,000 28,000