## **THE SELF HEAL ASSOCIATION** **Unaudited Accounts Year Ending 31st March 2022** Company limited by guarantee Company Number: 04335524 Charity No: 1094138 ## **THE SELF HEAL ASSOCIATION** ## **COMPANY INFORMATION** for the period Ending 31 March 2022 Registered Office PO Box 272 St Thomas Exeter EX2 9ZL Company Number: 04335524 Charity Number: 1094138 Directors: Karen Huckvale Chair Lisa Thorne Malcolm Learmonth Yvette Parker resigned 18 March 2022 John Slater Secretary: Joe Miller Accountants: Exeter Community Accounting Bankers: Caf Bank 25 Kings Hill Avenue West Malling Kent ME 19 4JQ Date of Incoporation 6th December 2001 1 ## **THE SELF HEAL ASSOCIATION** Company Number 04335524 Charity Number: 1094138 ## **INDEPENDENT EXAMINATION REPORT For the period ended 31st March 2022** ## **Basis of independent examiner's report** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts with accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or - (2) to which, in my opinion, attention whould be drawn in order to enable a proper understanding of the accounts to be reached. Exeter Community Accounting 21-Sep-22 ## ## ## ## ## ## ## **THE SELF HEAL ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDING 31 MARCH 2022** |**THE SELF HEAL ASSOCIATION**
**STATEMENT OF FINANCIAL ACTIVITIES**
**FOR YEAR ENDING 31 MARCH 2022**||||| |---|---|---|---|---| ||||**Total Funds**|**Total Funds**| ||**Notes**|||| ||||**2021/2022**|**2020/2021**| ||||**£**|**£**| |**INCOME & ENDOWMENTS FROM:**||||| |Investment||1|25,562|24,847| |**TOTAL INCOME**|||25,562|24,847| |**EXPENDITURE ON:**||||| |Charitable Activities||2|9,183|10,874| |Other Expenditure||3|6,006|7,636| |**TOTAL EXPENDITURE**|||15,189|18,510| |**NET EXPENDITURE BEFORE TRANSFERS**|||10,373|6,337| |Unrealised Gains/Losses on investments|||74,408|139,858| |**NET MOVEMENT IN FUNDS**|||84,781|146,195| |**TOTAL FUNDS BROUGHT FORWARD**|||834,753|688,558| |**TOTAL FUNDS CARRIED FORWARD**||9|919,534|834,753| All activities derive from continuing operations. The notes on the following pages form part of the financial statements. 4 ||Note||{|f|2V1t?0,22|f|f|?wt?pEJ|g| |---|---|---|---|---|---|---|---|---|---| |FIXEDASSETS|||||||||| |Tangible|||||||||| |CURRENTASSETS|||||||||| |COIFCharitieslnvestmentFund|||||254,4L4||272,474||| |COIFCharities Ethical Inv.Fund|||||245,3L2||230,519||| |CSIFGlobaltquityFund|||||294,942||?27,085||| |COIFCharities PrapertyFund|||||95,9L4||83,455||| |COIFCharities depositacc*unt|||||50|||5$|| |TridosBank|||||6L2|||6L2|| |CafCashaccount|||||31,930||25,182||| |Debtors||||||920,134|||838,979| |CREDITOR$|||||||||| |ArnountsFallingduewithinsne year||I|||{600}||{4,226,||| |NET CURRENTASSETS||||||919,534|||834,753| |FUlilD$|||||||||| |Unrestrictedincornefund|I|||||834,753|||594,895| |Revaluationreserves||||||w,78L|||139,858| |TOTALFUNDS||||||919,534|||834,753| **THE SELF HEAL ASSOCIATION NOTES TO THE ACCOUNTS** **FOR THE YEAR ENDING 31 MARCH 2022** ## **1 Accounting Policies** ## **Statement of Compliance** 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Exemption from Preparing Cash Flow Statement** The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements. ## **Going Concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. ## **Income** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. ## **Resources Expended** All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs. ## _**Charitable Activities**_ Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## _**Support Costs**_ Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. ## **Governance costs** These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses. ## **Tangible Fixed Assets** Depreciation is provided on tangible fixed assetst at the following annual rates in order to write off each asset over its estimated useful life at the following rates; Freehold Land not depreciated Freehold Buildings 2% pa straight line Plant & Machinery 20% pa straight line Fixtures & Fittings 20% pa straight line Website Development Costs 33.3% pa straight line ## **Trade debtors** Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Charity will not be able to collect all amounts due according to the original terms of the receivables. ## **Cash and Cash Equivalent** Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 6 **THE SELF HEAL ASSOCIATION** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 MARCH 2022** ## **Trade Creditors** Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. ## **Funds** Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. |**1**
**Income from Investments**
COIF Charities Investment Fund
COIF Charities Ethical Inv. Fund
COIF Global Equity Fund
COIF Charities Property Fund
COIF Charities deposit account
Bank Interest
**2**
**Expenditure on Charitable Activities**
Grants Paid
Bursaries paid
**3**
**Support Costs**
Storage Rent
Website costs
Admin Fees
Trustees Expenses
Bank charges and interest
Accountancy
**4**
**Trustees Remuneration & Benefits**
There were no related party transactions with trustees in the year
**5**
**Independent Examination Fees**
Independent examination of the financial statements
Other accountancy Services
During the year trustees received no expenses (2021 - £142)|**Total Funds**
**Total Funds**
**2021/2022**
**2020/2021**
**£**
**£**
**19,895**
**6,733**
**19,226**
**6,862**
**22,828**
**7,406**
**12,459**
**3,845**
**-**
**-**
**-**| |---|---| ||**74,408**
**24,847**| ||**9,183**
**10,874**
**-**
**-**| ||**9,183**
**10,874**| ||**3,059**
**2,894**
**-**
**255**
**2,250**
**3,626**
**-**
**142**
**96**
**69**
**600**
**650**| ||**6,006**
**7,635**| ||**100**
**100**
**500**
**500**| ||**600**
**600**| ## **6 Taxation** The charity is a registered charity and is therefore exempt from taxation. 7 **THE SELF HEAL ASSOCIATION** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDING 31 MARCH 2021** |**7**
**Creditors**
Amounts falling due within one year
Trade creditors|**2021/2022**
**2020/2021**
**£**
**£**
**600**
**4,226**| |---|---| ||**600**
**4,226**| ## **8 Fund Accounts** |**Unrestricted funds**
**Revaluation reserve**
**Total unrestricted funds**
**Total funds**|**Opening**
**Incoming**
**Resources**
**Closing**
**Balance**
**Resources**
**Expended**
**Balance**
**£**
**£**
**£**
**£**
**834,753**
**25,562**
**(15,189)**
**845,126**
**74,408**| |---|---| ||**834,753**
**25,562**
**(15,189)**
**919,534**| ||**834,753**
**25,562**
**(15,189)**
**919,534**| All assets and liabilities as shown on the balance sheet are unrestricted. ## **9 Controlling entity** The charity is controlled by the trustees who are all directors of the company. 8