2022-03-31-accounts - Grandparents Plus

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Contents		Pacae
Officers and professional advisers
Report of the trustees
independent auditor's	report	21
Statement of financial	activities	25
Balance sheet		26
Statement of cash flows		27
Notes to the financial	statements	28

Risk identified			Action taken to mitigate the risk
Inflation and its impact on our beneficiaries,			Ongoing review of beneficiary needs and our
our people and our	operations		services, focus on income generation	and
			financial planning, annual cost of living	salary
			review
Over reliance on project		funding	Fundraising and business development
			strategies to diversify income, digital innovation
			and the roll out of new di ital offerin s.
Reduction in funding	from major donors		Fundraising and business development
			strategies to diversify income
Data loss			Data Protection Policy and IT systems	and
			processes reviewed regularly; new CRM
			system implemented with training for staff
The need to continuously		adapt and evolve	Ongoing review of beneficiaries needs	drawing
the way the charity	offers advice and support		on services insight, user feedback, and
for kinship carers.			external agency input
External factors including		societal and	Regularly review agreed deliverables,	monitor
environmental changes		that could impact	effective completion of commissioned	and
delivery of services			other services, assess external factors	and
			ensure business as usual measures are
			incorporated

				Unrestricted	Restricted
			Notes	funds	funds	Total 2022	Total 2021
				f	f	f	f
INCOME						See note 17for detail
Donations, grants and legacies:
General				332.113		332113	593,239
Advice Service and other	restricted	funded
services					489,441	489,441	373,402
Kinship Care Support Services					461,828	461,828	326,274
Service Development
Charitable activities
Kinship Care Support Services					817,442	817,442	1,062,740
Investment income				706		706	1,428
TOTAL INCOME				332,819	1,768,711	2,101,531	2,357,084
EXPENDITURE
Raising funds				87,107		87,107	76,729
Charitable activities				419,327	1,395,397	1,814,724	1,732,872
TOTAL EXPENDITURE				506,433	1,395,397	1,901,830	1,809,601
Net Income/(expenditure)	for the year		8	(173,614)	373,314	199,699	547,483
Transfer between funds			15
Net Income/(expenditure)	for the year			(173,614)	373,314	199,699	547,483
Fund balances at 1April 2021				554,791	723,507	1,278,297	730,814
Fund balances as at 31March 2022			15	381,177	1,096,821	1,477,997	1,278,297

					2022	2021
					f	f
Net cash generated/(used)		in operating activities			108,644	856,883
Cash flows from investing		activities
Purchase offixed assets					(22,415)	(29,842)
Change in cash	and cash equivalents		in the year		86,229	827,041
Cash and cash	equivalents	brought forward			1,498,654	671,613
Cash and cash	equivalents	carried forward			1,584,883	1,498,654
Reconciliation	ofnet movement of		funds to net cash used in operating	activities
Net movement	in funds				199I699	547,483
Depreciation					17,460	15,785
(Increase)/decrease in debtors					(174,759)	156,985
Increase/(decrease) in creditors					66,244	136,630
Net cash used	in operating	activities			108,644	856,883


2.Donations, grants and legacies							Restricted-
				Unrestricted		Restricted-	Kinship Care	2022	2021
					funds	Otherfunds	support	Total Funds	Total Funds
							service
							f
Grants and donations	(see below)				319,203	489,441	461,828	1,270,472	1,215,916
Publications					1,276			1,276	82
Individual fundraising					7,573			7,573	61,901
Membership fees									5,692
Sundry income					4,061			4,061	9,324
					332,113	489,441	461,828	1,283,382	1,292,915
Analysis ofvoluntary grants, trust				fundraising	and donations
Players ofthe People's	Postcode		Lottery
through Postcode Support		Trust(1)			300,000			300,000	300,000
The Mercers' Company, The Charity ofSir Richard	Supported Whittington			by		19,833		19,833	10,000
Sport England Families	Fund					2,975	113,030	116,005	69,444
The Dulverton Trust									30,000
The Headley Trust						25,000		25,000	25,000
Cripplegate Foundation						1,000	19,000	20,000	20,215
TNLCF —Kinship Compass						149,733		149,733	198,356
The Esmee Fairbairn Foundation Supported by City Bridge Trust, the						60,750		60,750	90,000
funding arm ofThe City	of London
Corporation's Charity, Bridge House						41,000		41,000	40,000
Estates (1035628)
Newcastle Fund									27,392
Department for Education		- VCSE	Covid-
19							262,823	262,823	147,753
The National Lottery Community			Fund-
People and Places 3						10,731	46,975	57,706	41,220
The Harebell Centenary	Fund				10,000			10,000	10,000
Ballinger Charitable Trust							20,000	20,000	20,000
Triangle Trust						48,000		48,000
Kickstart Scheme						13,129		13,129
BBCChildren in Need						10,085		10,085
Comic Relief						83,500		83,500
Four Acre Trust						6,250		6,250
Other trust grants					13,320	3,500		16,820	7,500
Other grants, donations					4,117	13,955		9,838	179,036
					319,203	489,441	461,828	1,270,472	1,215,916

					Unrestricted	Restricted	Total funds	Total Funds
					funds	funds	2022	2021
						f	f	f
Support service
Services						817,442	817,442	1,062,740
						817,442	817,442	1,062,740
4.Costs ofraising	funds
					Unrestricted	Restricted	Total Funds	Total Funds
					funds	funds	2022	2021
Staff costs					85,354		85,354	65,363
Other costs					1,753		1,753	11,366
					87,107		87,107	76,729
5. Resources expended
					Activities
					undertaken
				Staff costs	directly	Support costs	Tota I 2022	2021
					f	f
Advice Service				154,677		37,633	192,310	221,550
Kinship Care Support		Services		930,019		273,068	1,203,087	1,064,193
Core				248,394		170,933	419,327	447,129
Total charitable	expenditure			1,333,090		481,634	1,814,724	1,732,872
Costs ofgenerating		charitable	income	85,354		1,753	87,107	76,729
Total resources expended				1,418,444		483,387	1,901,830	1,809,601

. Support costs
						Other charitable
					Total	Activities	Core
					2022	2022	2022	2021
						f		f
Other staff costs					15,016		15,016	1,104
Premises costs					50,368		50,368	42,442
Postage					1,520		1,520	507
Telecommunications					2,866		2,866	3,049
Office equipment	maintenance				25,539		25,539	1,155
General administration			costs		9,004		9,004	144
Professional costs					58,512		58,512	32,453
Marketing					3,401		3,401	1,853
Other costs					4,707		4,707	41,363
					170r933		170,933	124,070
Staff numbers	and costs						2022	2021
Wages and salaries							1,269,301	1,179,325
Social security costs							116,404	106,559
Pension costs							30,442	29,995
							1,416,147	1,315,879
Staff costs split:
Charitable activities		(note 5)					1,084,696	927,457
Core (note 5)							248,394	323,059
Costs ofgenerating		funds (note 4)					85,354	65,363
							1,418,444	1,315I879
The average number		of	employees	during the year was:			2022	2021
Direct activities							50	47
							50	47

13. Debtors
							2022		2021
							E		f
Due within one year:
Grant debtors							41,123		81,347
Accrued income							216,991		211
Other debtors and prepayments							4,205		6,002
							2621319		87,560
14. Creditors: Amounts	falling due within one year						2022		2021
							f		f
Trade creditors							41,714		11,523
Social Security and Other taxes							46,980		38,788
Accruals							7,833		10,598
Deferred grant income							306,960		276,335
							403,487		337,244
Deferred grant income represents		income relating to the next year			received	in the current year. Income of
E306,960 which related to 2022/23 has been deferred			and deferred		income	off276,335from last year has		been
released as it related to the current		year.
15. Movement in funds
							Transfer
		At 1April		Incoming		Resources	between	At	31March
		2021		resources		expended	reserves		2022
		f		f		f	E		f
Unrestricted funds		554,791		332r819		(506r433)			381,177
Restricted funds
Kinship care support services		487,805		1,279,270		(1,203,087)			563,988
Advice Service and other	restricted	funded
services		235,702		489,441		(192,310)			532,833
Total restricted funds		723,507		1,768,711		(1,395,397)			1,096,821
Total funds		1,278,297		2,101,530		(1,901,830)			1,477,997

15. Movement in funds - Prior y	ear
					Transfer
		At 1April	Incoming	Resources	between	At 31March
		2020	resources	expended	reserves	2021
			f	f		f
Unrestricted funds		483,980	594r668	(523,857)		554,791
Restricted funds
Kinship care support services		162,441	1,389,014	(1,064,193)	543	487,805
Relative Experience		(13,625)			13,625
Advice Service and other restricted	funded
services		83,850	373,402	(221,550)		235,702
Policy and Research
Service Development		14,168			(14,168)
Total restricted funds		246,834	1I762,416	(11285,743)		723,507
Total funds		730,814	2,357,084	(1,809,600)		1(278,297

16. Anal	y	sis ofn	et assets between funds
				Unrestricted	Restricted
				funds	funds	TotalFunds
2022
Tangible	Fixed Assets			34,282		34,282
Cash				1,154,927	429,835	1,584,762
Other net		current	liabilities	(92,322)	(48,846)	(141,168)
				1,096,887	380,989	1I477,876
				Unrestricted	Restricted
				funds	funds	Total Funds
2021				f
Tangible	Fixed Assets			29,327		29,327
Cash				580,158	918,496	1,498r654
Other net		current	assets	(54,695)	(194,989)	(249r684)
				554r790	723,507	1,278,297

					2021
			Unrestricted	Restricted	Total
Income
Donations, grants and	legacies:
General			593,239		593,239
Advice Service and other restricted		funded services		373,402	373,402
Kinship Care Support	Services			326,274	326,274
Charitable activities
Kinship Care Support	Services			1,062,740	1r062,740
Investment income			1,428		1,428
TOTAL INCOME			594,668	1,762,416	2,357,085
EXPENDITURE
Raising funds			76r729		76,729
Charitable activities			447I129	1,285,743	1,732,872
TOTAL EXPENDITURE			523,857	1,285,743	1,809r600
Net Income/(expenditure) for the year			70,811	476,673	547I483
Transfers between funds
			70,811	476,673	547,483
Fund balances at 1April	2020		483,980	246,834	730,814
Fund balances as at 31March 2021			554,791	723r507	1,278,297