##
|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|
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##
||||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%|
##
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##
##
||||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|