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2023-03-31-accounts

Company number: 4151312 Charity number: 1089987

Groundswell Network Support UK (Operating as Groundswell)

Report and financial statements For the year ended 31 March 2023

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Contents

Reference and administrative information ........................................................................................3 Trustees’ annual report ......................................................................................................................5 Chairs welcome ...............................................................................................................................5 Vision, mission and core beliefs ......................................................................................................5 Activities and achievements............................................................................................................6 Financial review ................................................................................................................................14 Income ...........................................................................................................................................14 Reserves ........................................................................................................................................14 Going concern ...............................................................................................................................15 Thanks to our supporters, commissioners, and partners .............................................................15 Principal risks and uncertainties ...................................................................................................15 Fundraising policy ..........................................................................................................................16 Structure, governance and management .....................................................................................16 Governance ................................................................................................................................16 Related parties and relationships with other organisations .....................................................17 Remuneration policy .................................................................................................................17 Management .............................................................................................................................17 Achievements and performance in the delivery of public benefit ...........................................17 Statement of responsibilities of trustees ..................................................................................17 Auditor ...........................................................................................................................................18 Independent Auditor’s Report to the members of Groundswell Network Support UK ...............19 Opinion ..........................................................................................................................................19 Basis for opinion ............................................................................................................................19 Conclusions relating to going concern ..........................................................................................19 Other information .........................................................................................................................20 Opinions on other matters prescribed by the Companies Act 2006 ............................................20 Matters on which we are required to report by exception ..........................................................20 Responsibilities of trustees ...........................................................................................................21 Auditor’s responsibilities for the audit of the financial statements .............................................21 Capability of the audit in detecting irregularities .........................................................................21 Use of our report ...........................................................................................................................22 Notes to the financial statements at 31 March 2023 ...................................................................26

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Reference and administrative information

Company number 4151312
Charity number 1089987
Registered office and
operational address		 Canterbury Court, Unit CC3.44, 1-3 Brixton Road, London
SW9 6DE
Country of registration England & Wales
Country of incorporation United Kingdom
Trustees Trustees, who are also directors under company law, who
served during the year and up to the date of this report were
as follows:
-
Rob Frier
-
Elizabeth Kirby
-
Louisa McDonald
-
Tony McKenzie_(resigned September 2023)
-
Gina Rowlands(resigned February 2023 to become_
Interim CEO, reappointed to Board June 2023 and
became Chair August 2023)
-
Dr Alistair Story
-
Jenny Travassos_(became Treasurer May 2023)
-
Steve Wyler OBE, Treasurer(resigned as Treasurer_
and became Interim Chair May – August 2023)
-
Jenny Yates, Chair_(resigned as Chair May 2023,
_remains on Board)

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Key management
personnel		 -
Kate Bowgett, Services Director
-
Rachel Brennan, Participation & Progression Director
(joined Groundswell 2019, appointed as Director
March 2023)
-
Michael Chandler, CEO_(appointed June 2023)
-
Lucy Holmes, Creating Change Director
-
Katie Langford, Director of People & Progression
(resigned May 2022)
-
Steven Platts, CEO(resigned February 2023)
-
Gina Rowlands, Interim CEO(appointed February_
2023, resigned June 2023)
-
Becky Tansley, Fundraising & Communications
Director
Bankers Unity Trust Bank
4 Oozells Square
Birmingham B1 2HB
CAF Bank Ltd.
25 Kings Hill Avenue
West Malling
Kent ME19 4JQ
Solicitors Bates Wells & Braithwaite
Cheapside House
138 Cheapside
London EC2V 6BB
Independent Auditor Sayer Vincent LLP
Chartered Accountants and Statutory Auditor
Invicta House
108-114 Golden Lane
LONDON
EC1Y 0TL
Accountants ExcluServ Limited
133 Deepcut Bridge Road
Camberley,
Surrey,
GU16 6SD

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Trustees’ annual report

Chairs welcome

Groundswell is a forward-thinking dynamic organisation, brave in its outlook and ambition and never afraid to advocate for our community in challenging socio-economics times. We have a talented and committed workforce, with progression and participation at the centre. This year Groundswell has received recognition from the highest level, with our ListenUp! project being featured on prime-time TV through BBC’s Red Nose Day, involving a podcast with Prince William and two community reporters attracting new supporters and audiences.

Since the financial year March 2023 ended, we have seen the appointment of a new CEO, Michael Chandler, who brings a wealth of experience to Groundswell with new ideas and a refreshing approach. In addition, Groundswell has a strong Governance framework and motivated Trustees from a range of backgrounds. Rob Frier is Chair of the People Committee and Jenny Travassos recently became Treasurer, chairing our Finance Committee.

I am honoured to have been appointed Chair in August 2023 and look forward to supporting Michael, the Trustees, wider staff and volunteer team to develop a new organisation strategy which has equality, diversity, inclusion and belonging as its core. This strategy will be launched in May 2024, demonstrating our vision for the future.

Groundswell will continue to campaign, for however long it takes for people experiencing homelessness and to give them a voice. They deserved to be heard, listened to and ultimately be able to regain their rightful place, participating in society.

Gina Rowlands, Chair of Trustees.

Vision, mission and core beliefs

Our vision is of an equal and inclusive society, where the solutions to homelessness come from the people with experience of homelessness.

Our mission - Groundswell exists to enable people who have experience of homelessness to create solutions and move themselves out of homelessness – to the benefit of our whole society.

Our core beliefs

  1. The whole community benefits when we effectively tackle homelessness and social exclusion.

  2. We believe in people. People are society’s most valuable resource, and everyone has the capacity to make a contribution.

  3. There is no “them” and “us” – only us. Groundswell brings everyone together to create genuine solutions to homelessness.

  4. Participation works. Supporting people to participate creates more effective services and policy – and crucially enables people to move out of homelessness.

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We aim to address these issues through the delivery of our ‘Participation Works’ three-year strategy. The strategy has three connected strands: progression, good health and creating change.

In all areas we are strongly committed to partnership working wherever this more effectively provides impact.

Activities and achievements

Here we outline the three key strategic areas in the Groundswell Strategy for 2020-23: Progression, Good Health and Creating Change. The key activities in each strand are summarised and the impact they had on people’s lives.

1. Creating Change

Our Creating Change team harness the insights and experiences of people with experience of homelessness through peer research and provide the platforms and campaigns to elevate these to influence change in policy and practice. This work has a specific focus on national programmes and partnerships to develop inclusive health systems, founded on the participation of people with lived experience.

1.1. Listen Up!

This year our Comic Relief funded Listen Up! project worked with 22 volunteer community reporters, training them to use written, visual and audio means to share their stories and the experiences of others on the Listen Up! Hub. The Listen Up! team have been out conducting research and combining findings with the community reporting to develop recommendations and suggestions for decision makers.

Key highlights from the year:

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Image credit: Comic Relief – Daniel Loveday

“These stories are so powerful, so inspirational, we should be hearing more of them, we should be seeing more of them, we should be encouraged that there are wonderful people out there and organisations like Groundswell, doing incredible work to help and elevate and put people back on the path that they need. Because many of the people can help themselves like you [Miles and Nawshin] said, but they just need a couple of pointers…just to help them on their way.” - Prince William.

1.2. #HealthNow

Thanks to support from the National Lottery Community Fund, our 4-year #HealthNow project is continuing to work towards an inclusive health system that works for everyone, and ultimately helps people move out of homelessness. Delivered in partnership with national charities Crisis and Shelter, the project involves working across three areas (Birmingham, Newcastle, and Greater Manchester) and forming local alliances to campaign for change.

In 2022-23 our #HealthNow alliances have:

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In November 2022 we hosted our first Peer Conference in Birmingham. Building on the strength of our national Peer Network (see below under Progression & Participation), the conference brought together 75 staff and volunteers from across our #HealthNow regions for a day to celebrate the ‘ power of the peer. ’ Representatives from each area shared presentations on their work and impact locally.

One #HealthNow volunteer shared: “I’ve learned a lot about different experiences today, how people are helping other people, and how that’s impacting them and their lives, and how people have been involved in volunteering, and in the end they’ve got a job, so we can be so proud of that!”

Another said: “#HealthNow means a lot to me. It’s changed my world in a way, more confidence, I get to know different kinds of people from different backgrounds. It included me, like I wasn’t left out, so it means a lot to me. It means the world to me.”

A visual representation of the Peer Conference, by More than Minutes.

In September 2022 our updated #HealthNow literature review highlighted how the world and the experiences of health and homelessness have changed dramatically since the original review in 2020. The main findings to come out of the report were:

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The #HealthNow teams across Newcastle, Birmingham and Greater Manchester published ‘Knowing Where to Turn ’, a research report into access to mental health support while experiencing homelessness. Using data from 80 interviews across the three cities, the research explored the barriers to accessing mental health support and what changes people want to see. The key recommendations to come out of the research included:

1.3. Benefits for Health

Benefits for Health is a Trust for London funded project exploring the connections between welfare benefits, health, and homelessness. In the summer of 2022, the Creating Change team drew the project to a close with a tour of a new play, ‘To Whom It May Concern’, which was developed using the findings of the Benefits for Health research report.

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Working alongside Cardboard Citizens, we hosted 10 performances across London, performed by a cast with their own experience of homelessness. The play told the story of Diane, a single mum trying to cope with the pressures of claiming benefits, managing her health, and dealing with homelessness. After each performance we hosted a workshop for audiences to discuss their thoughts and commit to actions generated through the messages of the play.

The play being performed at Union Chapel

“I learned that each chance at interaction with someone can be an intervention. There were so many opportunities for Diane's story to have ended differently and for the support she needed to have been offered.” – play attendee.

2. Progression & Participation

Groundswell’s team of staff and volunteers include a diverse range of skills and experiences – we believe that everyone should have a chance to contribute and be part of creating solutions to homelessness. In March 2023 after a small restructure, this new team united under a Participation & Progression Director. Together they are exploring new ways for people with experience of homelessness to participate in a range of opportunities and activities, influencing change and gaining new skills as part of their journey out of homelessness.

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2.1. Participation

The Participation team lead on running Groundswell’s national Peer Network – a space for people to connect and collaborate, take control of their own health and wellbeing, and advocate for change in healthcare systems. The Peer Network currently has around 80 members from right across England.

Some of the work the Peer Network have inputted on this year include:

2.2. Progression

This year our team of three Progression Coaches have supported people with experience of homelessness, health issues, addiction, and trauma, to thrive in their roles at Groundswell and continue to succeed out of homelessness.

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Case study: Joanne and Joshua (names have been changed)

Recently the Progression team introduced a new volunteer Peer Mentor role to take on some of the work of the team. Joanne is a well-established Homeless Health Peer Advocate volunteer and is no stranger to providing in-depth support that requires tenacity and assertiveness. Over the years she has also received extensive, complex Progression support herself.

Joshua is a Groundswell staff member who was receiving ongoing support from the Progression team around his physical and mental health, accommodation and disability. He was also trying to get his housing provider to refurbish his accommodation. Joanne had previous experience supporting people with similar concerns, and the Progression team felt she would be perfect to help with this issue in her role as a Peer Mentor. Joanne negotiated with the housing provider and contractor, taking the stress and anxiety of the process away from Joshua and allowing him to focus on his day-to-day work.

Joanne also provided advocacy for Joshua at physical health appointments. Joshua has a disability that makes some everyday tasks difficult and meets regularly with a consultant to access ongoing treatment to improve his quality of life. Again, Joanne had some personal experience of these difficulties, and so provided regular support at appointments, offering advice, guidance, and empathy. As a Peer Mentor Joanne excelled at giving Joshua the space he needed to succeed in his job by supporting him with anxieties and obstacles in his personal life.

Reflections from Joshua:

“I am so grateful for all the help I have received. The help has made it easier for me to be able to not worry as Joanne took away all the stress and made it easier for myself. Without the help I would have given up and run the other way.”

Reflections from Joanne:

“When I started supporting Joshua, my transition was seamless and at no point did I feel that now I am supporting a paid member of staff and it would be different (to supporting a volunteer). My experience and skills I have acquired as a Homeless Health Peer Advocate, plus the support I received from the Progression team, played a great role in preparing me for the task and in making this transition smooth and fruitful.

When I initially started volunteering with HHPA as a newbie I shadowed Joshua and learnt from his tenacity, resilience, and compassion. Now I have grown so much so that I have been supporting him as his Peer Mentor - we have come ‘full circle'. What a journey!”

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3. Good Health

3.1. Homeless Health Peer Advocacy (HHPA)

We continued to deliver HHPA across the country, helping individuals who are homeless to access healthcare. The service is delivered by volunteer Peer Advocates alongside Caseworkers and Care Navigators, all with experience of homelessness.

In Birmingham, Manchester and Newcastle our partner organisations Crisis and Shelter set up, deliver, and monitor their own HHPA service locally; supported by Groundswell. Our Learning and Development Manger Sharon trained 42 people across these locations to become volunteer Peer Advocates, who are using their lived experience to advocate on behalf of people who are homeless, so they can access the healthcare they need.

3.2. HHPA London

In London our HHPA services team delivered peer advocacy across 12 central London boroughs: Brent, Camden, Ealing, Hackney, Hammersmith & Fulham, Islington, Kensington & Chelsea, Lambeth, Lewisham, Southwark, Tower Hamlets and Westminster.

HHPA London 2022/2023 HHPA London 2022/2023
1-1 health appointments 4,148
Individual clients supported
through 1-1 appointments		 435
Number of organisations
referring people to HHPA		 111

In addition to this activity, Groundswell provide specialist Case Workers or Care Navigators to be based in partner organisations Find and Treat, Great Chapel Street Surgery, North Lewisham PCN and the Lambeth START Team.

3.3. Health promotion

Following the interest in and success of this work on a national scale during the pandemic, we have continued to embed health promotion work across the HHPA service – during the year the team delivered 289 health promotion sessions across services in London. This work is supported by the production of national health promotion resources, thanks to funding from the Mercers’ Company.

During the year we were delighted to launch an online ‘resources hub’ on our website, an area hosting leaflets, podcasts, workbooks, films and posters. People can search for resources based on resource type, topic and audience.

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In addition, we successfully ran a programme reviewing all existing health resources for people experiencing homelessness; some of these were over seven years old. We engaged 13 health and social care professionals who volunteered their time to review and update content and set up a peer review group to ensure the resources provided accurate, accessible and relevant information. We were proud to launch these 15 updated guides in early 2023 with topics including diabetes, GP services, self-advocacy, sleep and many more.

In addition to these updated resources, working with health professionals and people experiencing homelessness we coproduced a further five resources during the year:

Groundswell’s resources were downloaded from the website nearly 5,000 times and promoted in sector wide newsletters and digital communication channels.

Financial review

Income

Groundswell's income was £2,338,540 during the year and a 12% increase on the previous year (2022: £2,059,700).

Expenditure, at £2,421,645, was nearly 10% up on the previous year (2022: £2,183,162). This resulted in a deficit of £83,105 for the year (2022: £123,462 deficit).

Reserves

The Trustees, after a careful assessment of the Charity's risks, including those related to covid-19 and cost of living increases, have determined that the reserves policy should be to hold a contingency for unexpected expenditure and to allow time in the event of a sudden cessation of key funding to source alternatives. In the light of this, Groundswell’s reserve target has been adjusted to unrestricted funds in a range equivalent to four to six months of salaries (including salary on costs) plus premises costs, i.e., £601,924 to £902,886.

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At 31 March 2023, the total funds carried forward were £751,262 (2022: £834,367) of which £497,003 were unrestricted funds and £254,259 were restricted funds. The figure of £497,003 is below our current target unrestricted reserves range and the 2023/24 budget is working to improve on this figure. The board are satisfied with this plan and feel confident we will be in a stronger position by March 2024. This year our unrestricted reserves decreased. The surplus on our restricted funds is forecast to be spent by March 2024.

Going concern

Despite being below our unrestricted target reserves range, the trustees consider Groundswell to have sufficient free reserves and cashflow to enable the organisation to continue operating for the foreseeable future, looking at least twelve months from when this report is approved. This is based on regular Senior Leadership and Finance Committee meetings reviewing our reserves and cash position supported by close financial management and budget setting. There are no material uncertainties relating to going concern.

Thanks to our supporters, commissioners, and partners

29[th] May 1961 Charitable Trust, Advent of Change, Alma Jean Henry Charitable Trust, Amnesty International , Big Issue, Bupa Foundation, Cape Project, City of London, City of Westminster, Comic Relief, Crisis, Department of Health and Social Care (DHSC), Digital Lift, East London Foundation Trust, Erasmus+, Fidelity UK Foundation, Find & Treat, Greater London Authority, Grosvenor Chapel, Halcrow Foundation, Harrow Council, Healthwatch England, Homeless Link, Hyde Park Place Estate Charity, Impact on Urban Health, Ipsos Mori UK Ltd, Kings College London, London Borough of Islington, London Borough of Lambeth, London Borough of Southwark, London Councils, Marsh Christian Trust, Manchester Foundation Trust, Marie Curie, Mercers Trust, Mind, National Lottery Community Fund, National Voices, NHS North Central London ICB, NHS England, , NHS North Central London ICB, NHS North East and Yorkshire, NHS North West London ICB, NHS South East London ICB, NHS South West London ICB, Oak Foundation, One Health Lewisham, On Our Radar, Pathway, Shelter, Sir James Roll Charitable Trust, Souter Charitable Trust, St Mungo's, Strand Parishes Trust, Swire Charitable Trust, Thames Reach, The Albert Hunt Trust, The Henry Smith Charity, The Young Foundation, Tower Hamlets Council, Transformation Partners in Health and Care, Trust for London, University College Hospitals NHS Foundation Trust, University of Newcastle, Vitol Foundation, Wakefield District Council and the Worshipful Company of Basketmakers.

Principal risks and uncertainties

Groundswell operates a robust risk management and control framework, including the preparation of a detailed annual risk register. Key ongoing and emerging risks are reviewed quarterly by both the Finance Committee and the Senior Leadership Team. Additionally, the Charity operates a thorough system of incident reporting, which is managed by the Senior Leadership Team and overseen by the People Committee.

The Groundswell Trustees fully acknowledge the risk that is inherent in the Charity's work. We take these risks consciously and conscientiously, applying our thorough risk framework to our work - as we believe that empowering people experiencing homelessness to be at the heart of

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delivering solutions to homelessness is the most effective way to address the growing societal concern of homelessness.

The principal risks identified by the Board and Senior Leadership Team are: Failure to meet fundraising targets, Future of health services / NHS reform, Increased demand for HHPA not matched by increased funding, Cyber security / Data protection / Fraud, Loss of participatory ethos, Failure to recruit and retain volunteers and staff with experience of homelessness and Safeguarding concerns.

Fundraising policy

To raise £2,338,540, Groundswell spent £132,187, which includes the salary of two full time fundraisers (Director and Manager), 50% of the Chief Executive’s time and other associated costs. As a percentage of overall spend, the figure of £132,187 represents 5.5% which is well below the lower end of the 10-15% target range we have set ourselves. We aim to keep our fundraising spend within a range because we recognise that some years we need to invest more than others to produce results in the future.

Groundswell does all fundraising in-house, never using third party commercial fundraisers. We are registered with the Fundraising Regulator and comply with the code of fundraising practice. During the period we did not have any non-compliance issues nor receive any fundraising complaints.

Structure, governance and management

Governance

The management of the Company is the responsibility of the Board Members who are appointed under the terms of the Articles of Association which state that:

“Any person who is willing to act as a Trustee, and who would not be disqualified from acting under the provisions of Article 27, may be appointed to be a Trustee by a decision of the Trustees.”

The Board Members perform the role of Directors in company law and of Trustees in charity law. The minimum number of Trustees is four, with a maximum of 12. Those who served during the period are listed on page one.

All Trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 8 to the accounts.

Board Meetings are held quarterly to ensure that the charity is operating effectively and within its aims. Additionally, the Board operates two standing sub-committees: a Finance Committee, which maintains a consistent framework for financial and risk control in Groundswell, and a People Committee, which supports Groundswell to be a healthy, safe and enabling organisation for its staff and Volunteers.

Groundswell commits to having two or more Board members with lived experience of homelessness, during this period four our trustees met this criteria. The charity has formed a nominations working group to oversee the recruitment of new trustees as necessary. There have been some recent changes to the roles of our Board members, we are incredibly grateful for their

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continued support and guidance and are delighted to have Gina Rowlands in the position of Chair of Trustees and Jenny Travassos as Treasurer.

Related parties and relationships with other organisations

In order to deliver its services and research & campaign work Groundswell cooperates with statutory bodies and voluntary sector organisations across the UK. The charity is in partnerships with Crisis and Shelter through the #HealthNow programme funded by the National Lottery Community Fund. The partnerships are defined by formal Collaboration Agreements. During the period one trustee declared related party interests, which are explained in note 8 and 9.

Remuneration policy

Groundswell's Finance & People Committees oversee remuneration, with responsibility for external benchmarking, salary recommendations, recruitment processes and cost of living increases. Groundswell aims to ensure that all staff are appropriately remunerated for their work. We achieve a fair balance which takes into account: the aim of attracting suitably qualified and dedicated staff, the external environment, the organisation's financial position and considerations of our beneficiaries.

Management

Groundswell operates a Senior Leadership Team (SLT) to oversee the successful delivery of activities. The members of that team who served during the year are listed on page 1. The total amount of salary costs associated with this group in 2022-23 was £297,266 (previous year: £281,217), of which £29,148 were Employer National Insurance Contributions and £12,257 pension contributions.

Achievements and performance in the delivery of public benefit

The Groundswell Trustees have taken account of Section 17 (5) of the Charities Act and the Charities (Accounts and Reports) Regulations 2008, which require us to have regard to the guidance on public benefit issued by the Charity Commission when exercising their duties. We state that the activities delivered by Groundswell during 2022-23, described in this report, directly further Groundswell's charitable objects and that these activities have been undertaken for the public benefit.

Statement of responsibilities of trustees

The Trustees (who are also directors of Groundswell Network Support UK for the purposes of company law) are responsible for preparing the report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

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The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The Trustees have no beneficial interest in the charity.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2023 was 8 (2022:10). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Auditor

Sayer Vincent LLP was re-appointed as the charitable company's auditor during the year and has expressed its willingness to continue in that capacity. The trustees’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The trustees’ annual report has been approved by the trustees on date and signed on their behalf by:

Jenny Travassos, Treasurer

Gina Rowlands, Chair

Date: 7 November 2023

Date: 7 November 2023

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Independent Auditor’s Report to the members of Groundswell Network Support UK

Opinion

We have audited the financial statements of Groundswell Network Support Limited (the ‘charitable company’) for the year ended 31 March 2023 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Groundswell Network Support Limited's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act

2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

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Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

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Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Joanna Pittman (Senior statutory auditor)

Date: 13 November 2023

for and on behalf of Sayer Vincent LLP, Statutory Auditor

Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

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Groundswell Network Support UK Statement of Financial Activities (incorporating income and expenditure) for the year ended 31 March 2023

Notes
Income from:
Donations and legacies
2
Charitable activities:
3
Creating Change
Good Health
Progression
Other trading activities
Investments
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
5
Creating Change
Good Health
Progression
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement of funds
16
Reconciliation of funds
Total funds brought forward
Total funds carried
forward		 Unrestricted
Restricted
Total
Funds
Unrestricted
Restricted
Total
Funds
2023
2023
2023
2022
2022
2022
£
£
£
£
113,656
-
113,656
132,228
-
132,228
58,093
746,461
804,554
366,429
443,446
809,875
889,995
125,000
1,014,995
678,042
149,027
827,069
185,795
218,238
404,033
170,000
119,690
289,690
120
-
120
838
-
838
1,182
-
1,182
-
-
-
1,248,841
1,089,699
2,338,540
1,347,537
712,163
2,059,700
132,187
-
132,187
134,273
-
134,273
202,266
724,846
927,112
336,152
526,527
862,679
878,151
116,755
994,906
692,994
216,562
909,556
195,455
171,985
367,440
129,268
147,386
276,654
1,408,059
1,013,586
2,421,645
1,292,687
890,475
2,183,162
(159,218)
76,113
(83,105)
54,850
(178,312)
(123,462)
13,672
(13,672)
-
-
-
-
(145,546)
62,441
(83,105)
54,850
(178,312)
(123,462)
642,549
191,818
834,367
587,699
370,130
957,829
497,003
254,259
751,262
642,549
191,818
834,367

All recognised gains and losses are included in the above Statement of Financial Activities. All income and expenditure derives from continuing activities.

23

Groundswell Network Support UK Balance Sheet as at 31 March 2023

Notes
Fixed Assets
Tangible assets
12
Current Assets
Debtors
13
Cash at Bank and in Hand
Creditors
Amounts falling due with one year
14
Net Current Assets
Total Assets Less Current Liabilities
Funds
Restricted
16
Unrestricted
16
Total Funds		 2023
2022
£
£
2,835
7,864
201,139
216,450
715,674
765,486
916,813
981,936
(168,386)
(155,433)
748,427
826,503
751,262
834,367
254,259
191,818
497,003
642,549
751,262
834,367

Approved by the trustees on 7 November 2023 and signed on their behalf by:

Gina Rowlands Chair

Jenny Travassos Treasurer

Company number: 4151312

The notes on pages 25-40 form part of these financial statement

24

Groundswell Network Support UK Statement of Cash Flow as at 31 March 2023

Cash Flows From Operating Activities:
Net cash provided by (used in) operating activities
Cash Flows From Operating Activities:
Dividends, interest and rents from investments
Purchase of fixed assets
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at 31 March 2023
Analysis of Cash and Cash Equivalents
Cash in hand and at bank
Total cash and cash equivalents
Reconciliation of net income/(expenditure) to net cash flow from operating activities
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)
Depreciation charges
Loss on disposal of fixed assets
Decrease/(Increase) in debtors
Increase/(decrease) in creditors
Net cash flow from operating activities		 2023
2022
£
£
(45,635)
(373,121)
-
-
(4,177)
(1,041)
(4,177)
(1,041)
(49,812)
(374,162)
765,486
1,139,648
715,674
765,486
2022
2021
£
£
715,674
765,486
715,674
765,486
2023
2022
£
£
(83,105)
(123,462)
8,126
6,966
1,080
571
15,311
(49,938)
12,953
(207,258)
(45,635)
(373,121)

25

Notes to the financial statements at 31 March 2023

1) Accounting Policies

a) Statutory information

Groundswell Network Support UK is a charitable company limited by guarantee and is incorporated in England and Wales.

The registered office address is Canterbury Court, 1-3 Brixton Road, London, SW9 6DE.

b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. Groundswell ended the financial year in a strong position, whilst this may be below our current unrestricted reserves target, there are good levels of secured income and a strong fundraising pipeline for the financial year 2023-24. Groundswell are actively working to improve our reserves position as explained in the trustees report on page 14.

26

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

27

g) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

28

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable to each activity

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

k) Operating leases

Rental charges are charged on a straight-line basis over the term of the lease.

l) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

o) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated

29

reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

p) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

q) Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2) Donations and legacies

Gift aid
Personal donations
Donations from foundations, trusts and other corporate bodies		 2023 Total
2022 Total
£
£
2,121
8,361
16,942
50,656
94,593
73,211
113,656
132,228

All income from donations and legacies for the current and prior year was attributable to unrestricted income.

30

3) Income from charitable activities

Creating Change
Amnesty International Limited
Bevan Healthcare CIC
Birkbeck University
Charity Projects
City Of London
City of Westminster
Comic Relief
Greater London Authority
Crisis Birmingham
Crisis Newcastle
Fulfilling Lives - LSL
Healthwatch England
Homeless Link
ICM Manchester
I Modszertani Szoc.Kp.Es Intezm.
Impact on Urban Health
Ipsos Mori UK Ltd
King's College London
London Councils
Manchester Foundation Trust
(HInM)
Manchester University NHS
Foundation Trust
Royal College of Obstetricians and
Gynaecologists
National Lottery Community Fund
National Voices
NEL CSU
NHS North East London CCG
NHS South West London CCG
NHS Wakefield CCG
On our RADAR Ltd.
Sheffield Hallam University
Shelter Greater Manchester
The University of Manchester
The Young Foundation
Trust for London
University of Newcastle
Wellcome Trust (The)
Charitable income for Creating
Change		 Unrestricted
Restricted
Total
2023
Unrestricted
Restricted
Total
2022
£
£
£
£
£
£
570
-
570
600
-
600
-
-
-
34,422
-
34,422
-
-
-
333
-
333
-
96,322
96,322
-
-
-
32,000
-
32,000
1,000
-
1,000
-
-
-
2,778
-
2,778
-
102,617
102,617
107,718
-
107,718
-
-
-
7,520
-
7,520
-
-
-
2,545
-
2,545
-
-
-
2,240
-
2,240
-
-
-
57,985
-
57,985
-
-
-
1,308
-
1,308
-
-
-
32,550
-
32,550
-
-
-
600
-
600
-
8,764
8,764
-
-
-
-
3,321
3,321
3,321
-
3,321
2,976
-
2,976
-
-
-
7,505
-
7,505
-
-
-
3,356
-
3,356
-
-
-
-
-
-
6,176
-
6,176
2,492
-
2,492
-
-
-
450
-
450
-
476,622
476,622
-
413,612
413,612
-
-
-
10,000
-
10,000
-
-
-
24,999
-
24,999
-
-
-
22,084
-
22,084
-
-
-
9,947
-
9,947
-
-
-
18,900
-
18,900
-
1,194
1,194
-
-
-
-
-
-
236
-
236
-
-
-
2,562
-
2,562
-
-
-
16,155
-
16,155
-
8,000
8,000
-
-
-
-
49,621
49,621
-
20,000
20,000
9,194
-
9,194
-
-
-
-
-
-
-
9,834
9,834
58,093
746,461
804,554
366,429
443,446
809,875

31

Good Health
Bupa Foundation
Camden Giving
City of Westminster
Claremont Communications
Crisis UK
Direct Relief
East London Foundation Trust (RKW)
East London NHS FT
Greater London Authority
London Borough of Lambeth
London Borough of Islington, The
London Borough of Southwark
Mercers Trustee
NEL CSU
NHS Central London CCG
NHS England
NHS Greenwich CCG
NHS North Central London CCG
NHS North Central London ICB QMJ
Payables N155
NHS North West London CCG
NHS North West London ICB
NHS South East London CCG
NHS South East London ICB
One Health Lewisham NLPCN
South East London Integrated Care
Board (Lewisham)
St Mungos
St Mungos Regional Head- Hounslow
and Hammersmith and Fulham
Thames Reach Homeless Charity
University College Hospitals NHS
Foundation Trust
Charitable income for Good Health		 -
50,000
50,000
-
-
-
-
-
-
-
30,512
30,512
78,628
-
78,628
112,547
-
112,547
-
-
-
300
-
300
-
-
-
7,876
-
7,876
-
-
-
-
21,515
21,515
-
-
-
69,975
-
69,975
69,975
-
69,975
-
-
-
-
50,000
50,000
-
50,000
50,000
106,491
-
106,491
70,000
-
70,000
70,000
-
70,000
69,774
-
69,774
52,963
-
52,963
-
-
-
-
25,000
25,000
-
-
-
-
-
-
-
5,000
5,000
-
-
-
116,000
-
116,000
34,969
-
34,969
38,946
-
38,946
-
-
-
19,000
-
19,000
-
-
-
40,000
-
40,000
60,000
-
60,000
-
-
-
-
-
-
42,421
-
42,421
222,717
-
222,717
-
-
-
-
-
-
43,703
-
43,703
35,096
-
35,096
-
-
-
17,622
-
17,622
-
-
-
1,585
-
1,585
-
-
-
-
-
-
47,500
-
47,500
40,000
-
40,000
-
-
-
44,913
-
44,913
-
-
-
55,036
-
55,036
-
42,000
42,000
889,995
125,000
1,014,995
678,042
149,027
827,069
Progression
Alma Jean Henry Charitable Trust 1,000 - 1,000 - - -
Big Issue 375 - 375 - - -
Cape Project 1,050 - 1,050 - - -
City Of London - - - - 31,500 31,500

32

City of Westminster
Crisis Newcastle
Crisis Skylight Birmingham
Department of Health and Social Care
Sir James Roll Charitable Trust
Drapers' Charitable Fund
Fidelity UK Foundation
Halcrow Foundation Ltd
Harrow Council
Health London Partnership
Healthwatch England
Homeless Link
Marie Curie
Mind
National Voices
NHS England
NHS North West London CCG
NHS South West London ICB
NHSE North East and Yorkshire
Norwich City Council
Oak Foundation
Pathway
Souter Charitable Trust
Streets of London
Swire Charitable Trust
The Henry Smith Charity
Tower Hamlets Council
Wakefield District Council
Charitable income for Progression
Total income from charitable
activities		 24,292
-
24,292
-
-
-
1,700
-
1,700
-
-
-
2,698
-
2,698
-
-
-
1,750
-
1,750
-
-
-
1,250
-
1,250
-
-
-
-
-
-
5,000
-
5,000
-
95,024
95,024
-
-
-
-
19,628
19,628
-
26,134
26,134
1,326
-
1,326
-
-
-
24,999
-
24,999
-
-
-
200
-
200
-
-
-
37,022
-
37,022
-
-
-
5,589
-
5,589
-
-
-
470
-
470
-
-
-
2,150
-
2,150
-
-
-
550
-
550
150,000
-
150,000
9,723
-
9,723
-
-
-
2,610
-
2,610
-
-
-
12,679
-
12,679
-
-
-
20,821
-
20,821
-
-
-
-
63,586
63,586
-
62,056
62,056
1,466
-
1,466
-
-
-
5,000
-
5,000
-
-
-
-
-
-
15,000
-
15,000
20,000
-
20,000
-
-
-
-
40,000
40,000
-
-
-
4,200
-
4,200
-
-
-
2,875
-
2,875
-
-
-
185,795
218,238
404,033
170,000
119,690
289,690
1,133,883
1,089,699
2,223,582
1,214,471
712,163
1,926,634

33

4) Investment income

Investments

2023 Total 2022 Total
£ £
1,182 -
1,182 -

All income from investments in the current year was unrestricted. There was no investment income in the prior year.

5) Analysis of expenditure on charitable activities

Current year
Staff costs (Note 7)
Project costs
Grants
Accommodation expenses
Office expenses
IT and systems expenses
External professional
expenses
Depreciation & loss on
disposal
Finance charges
Insurance
Audit and professional fees
Trustee expenses and other
governance costs
Support costs
Governance costs
Total expenditure 2023
Total expenditure 2022		 Raising
funds
Creating
Change
Good
Health
Progress
Gov
costs
Support
costs
2023 Total
2022 Total
£
£
£
£
£
£
£
£
97,353
392,777
682,864
245,481
-
128,753
1,547,228
1,411,744
15,879
160,123
171,087
77,074
-
(98,555)
325,608
298,209
-
280,915
-
-
-
-
280,915
256,147
-
9,958
3,713
754
-
85,145
99,570
74,014
849
2,610
9,978
598
-
46,739
60,774
31,370
934
10,285
3,306
234
-
26,460
41,219
49,135
-
-
-
-
-
1,410
1,410
2,595
-
715
3,509
-
-
4,982
9,206
7,536
-
-
-
-
420
1,288
1,708
2,466
-
448
-
-
-
1,751
2,199
1,750
-
-
-
-
9,005
39,350
48,355
47,150
-
-
-
-
3,453
-
3,453
1,046
115,015
857,831
874,457
324,141
12,878
237,323
2,421,645
2,183,162
16,288
65,715
114,249
41,071
(237,323)
-
884
3,566
6,200
2,228
(12,878)
-
132,187
927,112
994,906
367,440
-
-
134,273
862,679
909,556
276,654
-
-

*Basis of support costs allocation is on staff time.

34

Prior year
Staff costs (Note 6)
Project costs
Grants
Accommodation expenses
Office expenses
IT and systems expenses
External professional expenses
Depreciation and loss on disposal
Finance charges
Trustee expenses (incl. insurance)
Audit and professional fees
Trustee expenses and other
governance costs
Support costs
Governance costs
Total expenditure 2022		 Raising
funds
Creating
Change
Good
Health
Progress
Gov
costs
Support
costs
2022
Total
£
£
£
£
£
£
£
94,875
350,498
594,503
198,594
-
173,274
1,411,744
16,467
164,560
159,114
32,980
-
(71,912)
298,209
-
256,147
-
-
-
-
256,147
-
3,151
1,452
870
-
68,541
74,014
-
2,303
11,211
857
-
16,999
31,370
965
4,196
3,850
373
-
39,751
49,135
-
659
309
-
-
1,627
2,595
-
-
1,448
-
-
6,088
7,536
-
-
24
-
370
2,072
2,466
-
-
-
-
-
1,750
1,750
-
13
-
-
8,700
38,437
47,150
-
-
-
-
1,046
-
1,046
112,307
781,527
771,911
230,674
10,116
276,627
2,183,162
21,191
78,289
132,789
44,358
(276,627)
-
775
2,863
4,856
1,622 (10,116)
-
134,273
862,679
909,556
276,654
-
-

6) Analysis of grants

Analysis of grants
Organisations 2023 Total
2022 Total
£
£
280,915
256,147

As part of Groundswell’s National Lottery Community grant for the #HealthNow campaign we are in partnership with Crisis and Shelter, as per the grant agreement we pay them to deliver their commitments locally in Greater Manchester (Shelter), Birmingham and Newcastle (Crisis).

As part of our Comic Relief grant for our ListenUp! Project, On Our Radar are an official partner and receive some of the grant to support our reporters on the project.

35

7) Net income for the year

This is stated after charging (crediting): £ £
Depreciation 8,126 6,966
Loss on disposal of fixed assets 1,080 571
Operating lease rentals:
Property 99,570 74,014
Equipment 2,462 3,400
Auditor's remuneration (excl VAT):
Audit 8,700 7,600

8) Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:
Staff costs were as follows:
Salaries and wages
Social security costs
Employer's contribution to defined contribution pension schemes
Staff welfare
Recruitment costs
Other (including training)		 2023
2022
£
£
1,301,747
1,190,453
134,092
117,520
62,717
55,069
25,107
19,034
1,457
1,887
22,108
27,780
1,547,228
1,411,743

Staff numbers:

The average number of employees (headcount based on number of staff employed) during the year was 43.5 (2022: 39.67). FTE of employees during the year was 40.12 (2022: 37.29)

Staff are split across the activities of the charitable company as follows (headcount basis):

Creating Change
Good Health
Progression
Support Costs
Fundraising		 2023
2022
No.
No.
10.38
5.25
19.93
19.24
7.95
9.33
2.95
4.18
2.29
1.67
43.50
39.67

36

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

£60,000 - £69,999
£70,000 - £79,100		 2023 2022
1 -
- 1

The total employee benefits (including employer's pension contributions and employer's national insurance) of the key management personnel were £297,266 (2022: £281,217).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2022: £nil).

One charity trustee received payment for professional or other services supplied to the charity. The services provided were by Gina Rowlands as acting CEO whilst recruitment took place for the position and amounted to £9,200 which has been included in the KMP disclosure above. Gina resigned from her role as trustee in Feb 2023 before taking on the role of Interim CEO. (2022: £nil). Gina has been re-appointed as a trustee in June 2023.

5 trustees received payment or reimbursement of travel, accommodation and subsistence costs for attendance at meetings in the current year totalling £2,223 (2022: £nil).

9) Related Party Transactions

There was only one related party transaction in the year (2022 - None). As stated in note 8, Gina Rowlands received payment for professional services rendered to the charity amounting to £9,200.

Aggregated donations from related parties were £390 (2022: £450).

10) Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

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11) Tangible Fixed Assets

1) Tangible Fixed Assets
Cost or valuation
At 1 April 2022
Additions in the year
Disposals in the year
At 31 March 2023
Accumulated Depreciation
At 1 April 2022
Depreciation for the year
Eliminated on disposal
At 31 March 2023
Net book value
At 31 March 2022
At 31 March 2023		 Fixtures and
fittings
Computer
equipment
Total
£
£
£
1,140
40,131
41,271
-
4,177
4,177
-
(1,616)
(1,616)
1,140
42,692
43,832
1,140
32,267
33,407
-
8,126
8,126
-
(536)
(536)
1,140
39,857
40,997
-
7,864
7,864
-
2,835
2,835

All the above assets are used for charitable purposes.

12) Debtors and prepayments

Trade debtors
Other debtors
Prepayments
Accrued income		 As at 31
March 2023
As at 31
March 2022
£
£
168,557
183,682
13,830
14,521
18,752
8,580
-
9,667
201,139
216,450

All of the charity's financial instruments, both assets and liabilities, are measured at amortised cost. The carrying values of these are shown above and also in note 13 below.

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13) Creditors: Falling due within one year

Trade creditors
Taxation and social security
Other creditors
Accruals
Deferred income (note14)
14) Deferred income
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year
15) Analysis of net assets between funds
Current Year
Fund balances at31 March 2023are represented by:
Tangible fixed assets
Net Current Assets
Prior Year
Fund balances at31 March 2022are represented by:
Tangible fixed assets
Net Current Assets		 As at 31
March
2023
As at 31
March
2022
£
£
25,318
21,779
38,837
37,683
7,414
9,329
22,652
30,853
74,165
55,789
168,386
155,433
As at 31
March
2023
As at 31
March
2022
£
£
55,789
204,524
(55,789)
(204,524)
74,165
55,789
74,165
55,789
Unrestricted
funds
Restricted
funds
Funds
Total
£
£
£
2,835
-
2,835
494,168
254,259
748,427
497,003
254,259
751,262
Unrestricted
funds
Restricted
funds
Funds
Total
£
£
£
7,864
-
7,864
634,685
191,818
826,503
642,549
191,818
834,367

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16) Movement in funds

Current Year
Restricted funds
Creating Change
Good Health
Progression
Total restricted Funds
Unrestricted funds
General funds
Total unrestricted funds
Total Funds		 At 1 April
2022
Income &
Gains
Expenditure
& losses
Transfers
At 31
March
2023
£
£
£
£
£
99,340
746,461
(724,846)
24,975
145,930
51,640
125,000
(116,755)
(38,647)
21,238
40,838
218,238
(171,985)
-
87,091
191,818
1,089,699
(1,013,586)
(13,672)
254,259
642,549
1,248,841
(1,408,059)
13,672
497,003
642,549
1,248,841
(1,408,059)
13,672
497,003
834,367
2,338,540
(2,421,645)
-
751,262

Purposes of restricted funds:

Creating Change - This strand of the strategy represents all the work we will be doing to challenge and change policy and practice. This cuts across the whole organisation, e.g. the #HealthNow goals of reducing health inequalities, sharing knowledge through Insight & Action research and demonstrating the effectiveness of our support model to make participation and progression of people with experience of homelessness the norm.

Good Health - This strand represents all our people focused health work; innovative services that enable people to access the health care they need and the work we do to promote a healthy and sustainable working environment both within Groundswell and as tools to share with others.

Progression - This strand represents all our work on developing and supporting a workforce with experience of homelessness to participate in designing and delivering solutions to homelessness whilst progressing in their own lives.

Transfer between funds – the transfer of funds in the current year is in relation to the correction of opening balances carried forward from the prior year that had been incorrectly recognised as restricted funding.

40

Prior Year
Restricted funds
Creating Change
Good Health
Progression
Total restricted Funds
Unrestricted funds
General funds
Total unrestricted funds
Total Funds		 At 1 April
2021
Income &
Gains
Expenditure
& losses
Transfers
At 31
March
2022
£
£
£
£
£
182,421
443,446
(526,527)
-
99,340
119,175
149,027
(216,562)
-
51,640
68,534
119,690
(147,386)
-
40,838
370,130
712,163
(890,475)
-
191,818
587,699
1,347,537
(1,292,687)
-
642,549
587,699
1,347,537
(1,292,687)
-
642,549
957,829
2,059,700
(2,183,162)
-
834,367

17) Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:

Less than one year
Two to five years		 Property
As at 31
March 2023
As at 31
March
2022
£
£
63,444
68,353
77,439
17,294
140,883
85,647

18) Legal Status

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

41