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2022-03-31-accounts

PhotoVoice

ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31[st] MARCH 2022

COMPANY NO: 3938488

CHARITY NO: England and Wales 1096598, Scotland SC041918

CONTENTS

REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31STMARCH 2022 3
Objectives and Activities 4
Achievements and Performance 5
Financial Review 7
Structure, Governance and Management 8
Reference and Administrative Information 10
Statement of Responsibilities of the Trustees 11
Independent Examiners’ Report to The Trustees of PhotoVoice 12
STATEMENT OF FINANCIAL ACTIVITIES 13

2

REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2022

3

Objectives and Activities

Organisational Information

PhotoVoice is an award-winning international charity which works to bring about positive social change through participatory photography projects. We build skills in underrepresented and at-risk communities to use photography as a tool for communication, self-expression and advocacy.

PhotoVoice’s pioneering projects have amplified the voices of refugees, children in care, people living with HIV/AIDS, young people who have been the subject of sexual exploitation, former prisoners and those with differing requirements for inclusion.

PhotoVoice always works in partnership with local community organisations and other international or UK based organisations.

Charitable Objects

The Charity’s objects are to advance education and community development in the UK and internationally, using participatory photography methods and training in photography, communication and advocacy skills. This enables the participating individuals and communities to express themselves, raise public awareness of the issues and experiences they encounter, and help them to improve their quality of life. The Charity runs training courses and advises other charities, groups and institutions carrying out development projects in the use of photography to advance their own programmes and activities.

Vision

PhotoVoice’s vision is for a world in which no one is denied the opportunity to speak out and be heard.

Mission

PhotoVoice’s mission is to build skills within underrepresented and marginalised communities. To achieve this, we utilise innovative participatory photography and digital storytelling methods. These skills enable individuals to represent themselves and create tools for advocacy and communication. Through this, and through developing partnerships, we deliver positive social change.

Public Benefit Statement

The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit, ‘charities and public benefit’.

PhotoVoice’s charitable purpose is enshrined in its objects - the education and training of disadvantaged people throughout the world in the field of photography. The Trustees ensure that this is carried out for the public benefit by delivering programmes and services that are of value to the participants of the projects. The participants are members of the public known to and/or identified by Partner organisations (including NGO’s, Local Authorities, Aid Agencies) with whom and for whom PhotoVoice develops the projects. The partners have the specialised working knowledge of the target groups (for example, refugees, vulnerable youth, people with disabilities) and these partnerships ensure that PhotoVoice’s activities reach the right recipients and thus fulfil the charity’s core objectives.

4

Achievements and Performance

Key Aims

Performance against plan

PhotoVoice focused on three key goals in 2021-22:

Key activities during the year

  1. The impact of Covid-19 remained challenging for PhotoVoice in 2021-22 – as it was for many organisations. The limits on our ability to deliver projects and programmes because of restrictions, combined with reduction in available support from government, had a substantial impact on PhotoVoice’s operations and cashflow.

  2. However, we were able to successfully deliver a number of online activities, including expanding our PhotoVoice Connect programme, which offers participatory engagement in a bespoke online environment.

  3. We completed our Care Leavers in Focus resource, a comprehensive toolkit to support local authorities and children in care. This resource has been distributed to nearly 80 local authorities across England and Wales, and is being actively used by them to improve services for young people with care experience.

  4. We commenced work on two new programmes, one working in partnership with the HSE in Ireland, and the second working across the UK in partnership with Glasgow Caledonian University.

  5. We devised and began to implement a new strategic direction for the organisation,

Future plans

PhotoVoice will focus on three key goals in 2022-23:

5

Projects During the Year

UK Projects in 2021-22

6

Financial Review

Funders

PhotoVoice extends its thanks to all our funders as well as partner organisations, project volunteers and support staff, donors and PhotoVoice members, including:

Financial Review

In 2021-22, PhotoVoice’s income decreased from £219, 821 in 2020-21 to £132,942 in 2021-22– a decrease of 49%. Its outgoings increased from £186,587 in 2020-21 to £217,860 in 2021-22 – an increase of 15%. This is the first significant operational loss which PhotoVoice has reported in a number of years, resulting largely from the limited opportunities and restrictions imposed by the pandemic.

This results in a carried forward balance of £17,579, of which £14,692 is unrestricted, and £2,887 is restricted.

The Trustees have recognised the difficult financial and operational climate which PhotoVoice operated in during 2021-22, with income and opportunities to deliver programmes remaining hindered by the impact of Covid 19. They agreed that during the year, PhotoVoice would draw on its available reserves, as well as relocating to new premises which will enable greater flexibility for its activities.

This investment in a new space coincided with the delivery of a new strategy, which emphasises deeper external engagement for its educational programmes, alongside PhotoVoice’s core activities of project delivery.

While this has meant that PhotoVoice’s reserves are below the three months policy, the Trustees believe that these approaches will hopefully enable PhotoVoice to diversify its income stream and seek new opportunities.

However, the Trustees remain concerned that the post-Covid climate will continue to prove challenging, with early signs of an economic downturn also likely to impact PhotoVoice.

7

Structure, Governance and Management

PhotoVoice Staff

Chief Executive Projects Manager Projects Officer Education and Projects Manager Former Staff

Senior Projects Manager

Tom Elkins Natasha Mulder (from July 2020) Lauren Parr Kallina Brailsford

Kate Watson (left February 2002)

PhotoVoice Trustees

Russell Watkins (Chair) Sarah Washington Natalie Waugh Rosie Cornick Anna Morser Grace O’Donovan

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on March 2[nd] 2000 with Companies House and registered as a charity in England and Wales on March 19[th] 2003, and in Scotland on November 24, 2010. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Recruitment and Appointment of Trustees

A skills audit of the Trustee board, reviewed on an annual basis has highlighted key areas of expertise that PhotoVoice wishes to have represented on its board in order to maximise its impact as a charity. These areas of expertise include the following:

New Trustees are recruited through the existing Trustees, supporters of PhotoVoice, professional resources and targeted advertising.

One third of the Trustees, in rotation, put themselves up for reappointment each year at the AGM. Directors 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 March 31[st] 2022 was 6 (2020 - 6).

8

Trustee Induction and Training

When a Trustee first joins the PhotoVoice board an induction programme is designed according to their specific needs. Induction will include child protection training and individual sessions with staff, as required, to familiarise themselves with the charity and the context in which it operates. These are organised jointly by the Chair of the Trustees and the Chief Executive. If deemed appropriate, new Trustees are encouraged to take external training.

Risk Statement

The board has examined the major strategic, business and operational risks that the organisation faces and confirms that systems have been established to enable risks to be assessed as they arise.

Reserves Policy

The Trustees wish to maintain the reserve of unrestricted funds to a level sufficient to fund three months’ normal expenditure on staff salaries and basic services.

Organisational Structure

The Trustee Board holds scheduled quarterly meetings and emergency ones as required, to make major decisions affecting strategy and longer-term direction of PhotoVoice, and to set tasks and responsibilities for further activities and goals. The Chief Executive attends the meetings to provide reports and recommendations for the trustees and is joined by his staff as required.

Sub-committees of the board are created from time to time to deal with particular issues. These committees may contain members of staff as well as other external experts.

Operational decisions are made on a day-to-day basis by the Chief Executive, and other key staff in line with the strategy and direction set by the Trustees.

9

Reference and Administrative Information

Status

PhotoVoice is a charitable company limited by guarantee, incorporated on March 2[nd] 2000 and registered as a charity on March 19[th] 2003.

Governing document

The Company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

Company number

3938488

Charity numbers

Company Secretary

Reed Smith Corporate Services Ltd.

Registered and Principal Office

PhotoVoice. 26 Phipp Street, London, EC2A 4NR

Bankers

Accountant

Ma'Leon Accountancy Services Limited, 85 Great Portland Street, London, United Kingdom, W1W 7LT

Independent Examiner

Aamer Shehzad, Accountability Europe Limited, Omnibus Workspace, 39-41 North Road, London. N7 9DP

10

Statement of Responsibilities of the Trustees

The Trustees, who are also directors of PhotoVoice for the purposes of company law, are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (UKGAAP). 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 the year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which 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, the Charities Act 2011, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Trustees 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.

Audit Exemption

The Directors have decided to take advantage of the audit exemption provisions of the Companies Act 2006. However, under the provisions of section 145 of the Charities Act 2011, Aamer Shehzad, Accountability Europe Limited, Omnibus Workspace, 39-41 North Road, London. N7 9DP. His report is shown on page 12.

Signed on behalf of Board of Trustees

Russell Watkins - Chair Date: 19[th] December 2022

Anna Morser - Treasurer Date: 19[th] December 2022

11

Independent Examiner's Report to The Trustees of PhotoVoice For the Year Ended 31 March 2022

I report to the trustees on my examination of the accounts of PhotoVoice for the year ended 31 March 2022.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

20[th] December 2022

…………………………

……………………………

Aamer Shehzad FCCA FCA

Date

Accountability Europe Ltd

Omnibus Workspace 39-41 North Road London N7 9DP

12

STATEMENT OF FINANCIAL ACTIVITIES

13

PHOTOVOICE

Statement of financial activities (incorporating an income and expenditure account) For the year ended 31 March 2022

Notes
2a
2b
3		 Notes
2a
2b
3		 Incoming Resources
Income and Endowments From
Donations and legacies
Other
Charitable activities
Investments		 Incoming Resources
Income and Endowments From
Donations and legacies
Other
Charitable activities
Investments		 Unrestricted
Funds
Restricted
Funds
2022
total		 2021
total
£
£
£		 £
18,850
-
18,850		 81,109
4,667
-
4,667		 8,256
16,750
92,672
109,422		 130,448
3
-
3		 8
Total IncomingResources 40,270
92,672
132,942		 219,821
4 Resources Expended
Raising funds
Charitable activities
(4,517)
-
(4,517)		 (4,216)
(110,892)
(102,452)
(213,343)		 (182,371)
Total ResourcesExpended (115,408)
(102,452)
(217,860)		 (186,587)
5
14		 Net income/(expenditure) for the year
Transfers between funds
Reconciliation of funds:
Total funds brought forward as previously
stated
Prior year adjustment
(75,138)
(9,780)
(84,918)		 33,233
23,713
(23,713)
-		 -
-
-
-		 67,539
-
-
-		 (1,725)
Balances brought forward 1 April 2022
Total funds carriedforward		 66,117
36,380
102,498		 69,265
14,692
2,887
17,579		 102,498

14

Balance Sheet
For the yearended 31 March 2022
Notes 2022
2021
£ £
£
Fixed Assets
8 Tangible fixed assets -
-
9 Investment 1
1
Current assets
10 Debtors 30,780
2,724
Cash at bank and in hand 13,229
110,985
44,009
113,709
Creditors: amounts due within
11 one year (26,431) (11,212)
Net current assets 17,578
102,497
Net assets 17,579
102,498
2,887
36,380
14,692
66,117
12 Funds
Restricted funds
Income funds
Unrestricted funds
General funds
Total funds 17,579
102,498

DIRECTORS' RESPONSIBILITIES IN THE PREPARATION OF THE FINANCIAL STATEMENTS FOR THE YEAR MARCH 2022

The trustees (who are also the directors of the company for the purposes of company law) confirm that for the year ended 31 March 2022.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the end of the financial year and of its incoming resources and application with the

requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Comparative figures for the previous year by fund type are shown in Note 13.

The Notes on pages 16 to 23 form an integral part of these accounts.

These accounts, which have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, were approved by the trustees on 19th December 2022 and signed on their behalf by:

Russell Watkins, Chair of Trustees

Company registration number: 3938488

15

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

1. Accounting Policies

The charitable company is exempted from preparing a cash flow statement due to exemption available to charities with income of less than £500,000.

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS102 and the Charities SORP FRS 102 the restatement of comparative items was required.

The trustees have prepared and considered trading forecasts and cash flow requirements for a period of 12 months from the date of approval of these financial statements and have concluded that it is appropriate to prepare these financial statements on the going concern basis.

Governance costs include the corporate management, strategic planning, restructuring and one-off consultancy to develop the organisation, as well as independent examination and legal costs.

d) Income

All income is included in the Statement of Financial Activities when the charitable company is legally entitled to the income, it is probable that the income will be received and the amounts can be measured reliably.

Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when receivable. Donated services and facilities are recognized as an incoming resource at the estimated value to the charity of the service or facility received.

On receipt, donated professional services and facilities (Gifts in kind) are recognised based on 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 item is then recognised in expenditure in the period of receipt. Volunteer time is not included in the financial statements.

Investment income is recognised on a receivable basis.

Income from commercial trading activities is recognised as earned (as the related goods and services are provided).

Grants received in advance are deferred at the year end to when the grant entitlement becomes unconditional

e) Expenditure and irrecoverable VAT

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. 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 by an estimate of the amount attributable to each activity, based on the number of staff members as per note 6.

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:

Computer equipment and software 3yrs (straight line)

Items of equipment are capitalised where the purchase price exceeds £2,000. 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.

Rentals payable under operating leases, where substantially all the risks and rewards of ownership remain with the lessor, are charged to the statement of financial activities in the year in which they fall due

16

f) Funds structure

The charitable company has a number of restricted funds to account for situations where a donor requires that a donation must be spent on a particular purpose or where funds have been raised for a specific purpose. Expenditure which meets these criteria is charged to the fund together with a fair allocation of management and support costs.

g) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charities activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. These costs are broken down into more detail in Note 4.

Where expenditure on a project or programme area exceeds the restricted funds available for that project or area, then the 'overspend' is met by transfers from unrestricted funds during the year. Should sufficient appropriate restricted funds subsequently become available these transfers will be reclaimed.

All other funds are unrestricted funds, which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have earmarked a fund for a specific purpose.

The costs of generating funds relate to the costs incurred by the charitable company in raising funds for the charitable work.

h) 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.

i) Cash at bank and in hand

Cash at bank and 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.

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

Wages and salaries

Social Security costs Pension contributions Redundancy Costs

The average number of employees (including casual and part time staff) during the year was as follows: 5 (3.2 FTE)

There are no employees whose emoluments as defined for taxation purposes amounted to over £60,000

During the year there were no payments made to the trustees for remuneration or expenses.

All staff are enrolled in a pension scheme with Nest.

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the accounting date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the statement of financial activities.

17

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

PHOTOVOICE
Notes to the financial statements
For the yearended 31 March 2022		 PHOTOVOICE
Notes to the financial statements
For the yearended 31 March 2022
Incoming resources from generated funds
Notes
2a. Unrestricted
Funds
Restricted
Funds
2022
total
2021
total
1,250
-
1,250
-
Voluntary Income
Esmee Fairbairn Foundation
Jocarno Fund 8,722
-
8,722
8,576
LB Tower Hamlets 2,667
-
2,667
21,485
The King Baudouin Foundation -
-
-
8,808
Government JRS Grant 1,800
-
1,800
4,580
Other grant and donations 3,035
-
3,911
4,589
-
-
-
-
Gifts in Kind
Reed Smith Venue Hire (Gifts in Kind) 500
-
500
500
Total 17,974
-
17,974
48,538
2b. Activities for generating funds income
Unrestricted
Funds
Restricted
Funds
2022
total
2021
total
£
£
£
£
Corporate Donation -
-
-
850
Supporter Scheme 876
-
876
3,222
Fundraising events (Includes Gift Aid) -
-
-
4,184
Other 4,667
-
4,667
-
Total 5,543
-
5,543
8,256

18

PHOTOVOICE PHOTOVOICE PHOTOVOICE
Notes to the financial statements
For the yearended 31 March 2022
Notes
Incoming resources from charitable activities
3
Projects
Unrestricted
Funds
Restricted
Funds
2022
total
2021
total
ACU
-
-
-
3,750
Commission - Overseas
3,500
6,975
10,475
-
Commission - UK
-
16,738
16,738
-
Esmee Fairbairn Foundation
-
-
-
46,726
Government JRS Grant
-
16,012
16,012
40,735
Training (Consultancy)
-
-
-
5,374
Training (Bespoke)
7,750
-
7,750
-
Training (Standard)
-
52,947
52,947
33,346
Other
5,500
-
5,500
517
TOTAL 16,750
92,672
109,422
130,448

19

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

PHOTOVOICE
Notes to the financial statements
For theyear ended 31 March 2022
Notes
4 Resources Expended
Costs of
generating
funds
Projects -
Restricted
Projects –
Unrestricted
Communications
Support
costs
Governance
costs
2022
total
2021
total
£
£
£
£
£
£
£
£
Staff costs (4,517)
(126,463)
-
(4,517)
(4,517)
(4,517)
(144,529)
(134,918)
Rent, insurance and services -
-
-
-
(27,913)
-
(27,913)
(30,481)
Communications and IT -
-
-
(1,151)
(9,332)
-
(10,483)
(13,235)
Office Costs -
-
-
-
(8,936)
-
(8,936)
(860)
Sundry administration costs -
-
-
-
(3,071)
-
(3,071)
(864)
Independent examiners fees -
-
-
-
(390)
-
(390)
(660)
Other professional fees -
-
-
-
(2,041)
(35)
(2,076)
(988)
Banking and financial costs -
-
-
-
(524)
-
(524)
(1,085)
Other project costs -
(18,208)
-
-
-
-
(18,208)
(2,915)
Travel and room hire -
(1,231)
-
-
0
(500)
(1,731)
(583)
Volunteer costs -
-
-
-
-
-
-
-
(4,517)
(145,902)
-
(5,667)
(56,723)
(5,052)
(217,860)
(186,587)
Add: Allocation of support
costs		 -
43,450
-
(100,173)
56,723
-
-
-
Total Resources Expended (4,517)
(102,452)
-
(105,840)
-
(5,052)
(217,860)
(186,587)

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

PHOTOVOICE
Notes to the financial statements
For the yearended 31 March 2022
Notes
5
a.
Net surplus/(deficit) for the year
This is stated after charging/crediting:
2022
2021
£
£
Independent examiner's fees
390
490
Operating lease rentals:
property (see note 15)
26,204
27,302
b. Director's received neither remuneration nor reimbursed expenses during the year.
Valuation of donated resources
2022
2021
Governance
500
1,000

The value of Gifts in Kind is based on the price that the Charity estimates it would have to pay for services from Reed Smith Corporate Services Ltd on the open market.


services from Reed Smith Corporate Services Ltd on the open market.
services from Reed Smith Corporate Services Ltd on the open market.
2022
2021
6 Staff costs and numbers
Staff costs were as follows:		 total
total
£
£
Salaries and wages (125,086)
(117,603)
Pension contributions (10,607)
(9,408)
Social security costs (8,212)
(7,646)
Safeguarding and ID 0
0
Staff Training and Recruitment (5)
(210)
Staff Welfare (619)
(50)
Redundancy costs 0
0
(144,529)
(134,918)

No employee earned more than £60,000 during the 2021/22 Financial Year (2020/21 - 0). The number of employees participating in the pension scheme during the year was 5 (3.2 FTE) - (2020/21 - 5).

The average weekly number of staff (expressed as full-time equivalents) during the year was as follows:

The average weekly number of staff (expressed as full-time equivalents) during the year was as The average weekly number of staff (expressed as full-time equivalents) during the year was as The average weekly number of staff (expressed as full-time equivalents) during the year was as The average weekly number of staff (expressed as full-time equivalents) during the year was as
follows:
2022
2021
2022
2021
No.
No.
%
%
Costs of generating funds 0.1
0.1
3%
3%
Charitable activities and projects 2.8
2.8
88%
88%
Communications 0.1
0.1
3%
3%
Support costs 0.1
0.1
3%
3%
Governance 0.1
0.1
3%
3%
3.2
3.2
100%
100%

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

Notes

7 Taxation

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


for charitable purposes.
8 Tangible fixed assets 2022 2021
Office and other Office and other
equipment equipment
£ £
Cost
At the start of the year 6,858 6,858
At the end of the year 6,858 6,858
Depreciation
At the start of the year (6,858) (6,858)
At the end of the year (6,858) (6,858)
Net book value
At the end of theyear 0 0
All tangible fixed assets are used for direct charitable purposes.
9 Investment
The charitable company acquired no investment income during the year.
10 Debtors
2022 total 2021 total
£ £
Operating debtors 22,183 2,724
Other debtors 7,798 -
Prepayments 799 -
Grants receivable - -
30,780 2,724
11 Creditors: amounts due within one year
2022 total 2021 total
£ £
Operating creditors 9,811 5,960
Accrual and provisions 500 660
Other creditors 16,120 4,591
26,431 11,211

22

PHOTOVOICE Notes to the financial statements For the year ended 31 March 2022

PHOTOVOICE
Notes to the financial statements
For the yearended 31 March 2022
Notes
12
Analysis of net assets between fund
Unrestricted
Restricted
Total funds
£
£
£
Tangible fixed assets -
-
-
Net current assets 14,692
2,887
17,579
Net assets at the end of theyear 14,692
2,887
17,579
13
Movement in funds		 2021-22
At the
start of
the year
Incoming
resources		 Outgoing
resources
Transfers
At the end of
the year
£
£		 £
£
£
Unrestricted funds:
General funds 66,117
40,270		 (115,408)
23,713
14,692
Total unrestricted funds 66,117
40,270		 (115,408)
23,713
14,692
Restricted funds
Restricted income funds: At the end of
the year
Projects 36,380
92,672		 (102,452)
(23,713)
2,887
Total restricted funds 36,380
92,672		 (102,452)
(23,713)
2,887
Total funds 102,497
132,942		 (217,860)
-
17,579
14
Prior year
Unrestricted funds:
General funds
Total unrestricted funds
Restricted funds
Restricted income funds:
Projects
Total restricted funds
Total funds
2020-21
At the
start of
the year
Incoming
resources
£
£
2,775
89,373		 Outgoing
resources
Transfers
At the end of
the year
£
£
£
(26,030)
-
66,117
2,775
89,373		 (26,030)
-
66,117
66,490
130,448		 At the end of
the year
(160,557)
-
36,380
66,490
130,448		 (160,557)
-
36,380
69,265
219,821		 (186,587)
-
102,498

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Purposes of funds

General funds: these are the free reserves of the charity which can be used for any purpose within its charitable objects.

Restricted income funds: These funds represent monies which have been given for particular purposes and projects as described below:

Care Leavers in Focus

Common Health Assets

A multi year project funded by the Esmee Fairburn Foundation, working with young people in the care system across England and Wales. The project developed a comprehensive new toolkit called ‘In Focus’, which provides information for young people, and advocate for greater service user involvement in designing local services. This has now been distributed to nearly 80 local authorities across England and Wales. Delivered in partnership with NYAS, Catch 22, The Care Leavers Association, Drive Forward Foundation, and the National Care Leavers

A programme of engagement with community centres across England and Scotland, to understand their impact on community health and wellbeing. Delivered in partnership with GCU.

Standard Training

PhotoVoice’s acclaimed training course in designing and delivering participatory photography projects is scheduled throughout the year, both online and in-person. Attendance is open to all.

Storytelling with Photographs

A programme of engagement which commenced in March 20253 2, and which looks at the experiences of longterm residents of mental health services in Dublin. This will form part of a programme of service improvement in mental health provision. Delivered in partnership with HSE.

Operating Lease 15 commitments

Rent and service charge payments totalled £26,204 (2021 - £27,667) for the year under its Lease Agreement for the new offices at 26 Phipp Street, Ground Floor and Basement. The new lease commenced in November 2021. This also includes the rent free period.

16 Related parties

The company is limited by guarantee and has no share capital; thus no single party controls the company.

24