OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Company registration number: 04245798 Charity registration number: 1099376

Compass Disability Services

|

|

(A company limited by guarantee} Annual Report and Financial Statements for the Year Ended 31 March 2021.

,

Compass Disability Services

Contents

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Reference|and|Administrative|Details|1| |Trustee|Report|2|to|10| |Statement of|Trustees'|Responsibilities|11| |Independent|Examiner's|Report|:|12| |Statement|of Financial|Activities|13| |Balance|Sheet|14| |Statement|of|Cash Flows|15| |Notes to the|Financial|Statements|16|to|34|

----- End of picture text -----

.

Compass Disability Services

.

Reference and Administrative Details

.

Chief Executive Officer Richard Pitman Trustees Valerie Palmer (Resigned 14 September 2021) Mark Oldershaw, Treasurer Pauline Tilley Tracey Oldershaw, Vice Chair Frank Hulbert (Resigned 1 January 2021) Alison Hart Denise Hole Michael Hope Jane Havenhand Gary Smith Secretary Richard Pitman Principal Office Unit 11-12 Belvedere Trading Estate Taunton Somerset TAI IBH Company Registration Number 04245798 Charity Registration Number 1099376 "Bankers Unity Trust Bank ple Nine Brindley Place Birmingham B1 2HB Independent Examiner Mr R Cadwallader FCA . Milsted Langdon LLP . - Chartered Accountants &-Registered Auditors Winchester House Deane Gate Avenue Taunton TAI 2UH

.

Page 1

Compass Disability Services

Trustee Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.

Overview

As we know, it's been a difficult year and a year of change. As we move forward with this new way of working, we have managed to reopen all areas of the organisation. The staff have worked tirelessly to bring in the new procedures and a Covid secure approach to working. Whilst many areas have continued to run in the same way - albeit with a different approach to PPE; other services have changed and will stay this way going forward, for. example: the independent living staff (who have worked from home since the start of Covid) very much like this approach and we have found that productivity is up. However, one concern in this area is staff isolation so we have worked to create WhatsApp groups so that staff can offload and engage with each other outside of the formal employment structure and we have also introduced Covid-secure meetings that bring staff together on a regular basis. The Wellbeing Centre has reopened and although the hydro pool hire has gone from strength to strength, take up of cafe sales is continuing to grow, albeit slowly. We have taken a new approach to how we deliver sessions in the activity rooms and this has been done through having themed days to reduce the amount of setup and set down having to be done - which in turn increases the number of staff needed. Overall, the organisation is in a good position and we feel positive about moving forward, albeit some of the changes will be slow due to staffing levels but we believe that we will get there!

The current situation

.

We believe that the organisation is in a good position and has a clear direction going forward. Over the next couple of years - with the launch of new services and our new approach to delivering services we feel very optimistic. There are issues regarding the recruitment of staff affecting us, and nationally the whole of social care. However, we believe that the pride we take in our organisation, and how our existing staff feel, that this is a ‘positive place to work’ and this will attract the staff we require and the right people with the right attitude. This. will be needed to the continue the growth of our. Compass Everyday Service which we are currently expanding with our Cogs service which is a day opportunity service that is user led for those with dementia and memory problems. We have also gained accreditation for ASDAN which is an educational qualification - which enables our customers to gain qualifications in the areas of independence and self management.

A New Way of Working

.

Compass Independent Living services . . During lockdown, all independent living staff moved to a home working environment - this was supported by the answerphone remaining on permanently, one member of staff coming into the office in the morning to do the post, answer phone and allocate work and another member of staff coming in in the afternoon to do the outgoing post. Staff have been able to continue to produce work on time and within contract specification turnaround times.

.

Compass Everyday

Compass Everyday continues to provide meaningful day opportunities to adults with learning disabilities and/or Autism (or similar conditions), We have recently been successful in achieving ASDAN Centre Registration which enables us to offer bespoke qualifications specifically designed for those with learning disabilities.

Page 2

.

Compass Disability Services

Trustee Report

We have also recently launched COGS Social Club, this enables individuals living with Dementia and other memory conditions to spend the day with us, and allow family/carers some 'me-time', secure in the knowledge that their loved ones are following a programme of respite activities that are both innovative and creative in a safe and social environment. Working with a 1960-70’s ambiance to the club but all ages are welcome. Mondays to Fridays, COGS run morning sessions from 9:30am until 12pm and our afternoon sessions run from 12:30pm until 3pm with the opportunity to stay all day.

This is alongside our new Outreach support which now boasts Compass Everyday Open College - supporting a young gentleman to maximise his Education, Health and Care Plan funding by creating a bespoke offer that includes: boxing sessions at the Blake Centre, equine therapy near Langport, woodwork and other practical ‘lessons’ that can all count towards his ASDAN qualification credits. We are working towards gaining CQC registration in the coming months to allow us to deliver personal care in the community, but this is a huge piece ofwork which is very time consuming.

SMWS

Referral staff have worked from home with the single point of contact number diverted to their personal mobile phones. Wellbeing Navigators have contacted and supported customers via phone and technology. Workshops have been delivered via technological software. Many customers would still prefer face to face contact, but lockdown has shown that more people can use technology when there is no other option.

Compass Wellbeing

We are now delivering Exclusive Use Hydropool and Sensory Room sessions, both of which remain popular and a sound addition to our programme. Stay and Play on Monday and Fridays continues to be well attended and drives considerable revenue through the café. Funding from The National Lottery, Warburtons and Moto mean that we can cover the cost of the room hire for the first year and have been able to add a good range of new toys to both the Stay and Play room and the Sensory Room to keep the sessions interesting for the children attending. We have also been able to purchase new bistro tables and chairs making it easier for adults to purchase drinks and food during the sessions. The Anything But Ordinary Disco returned to a new daytime slot in December, and whilst it is not as well attended as the evening disco used to be prior to lockdown, it is manageable for the team, is growing steadily and returns a good café spend from those attending. Funding from Sainsburys will help to cover the room hire cost for the first 6 months. Tuesdays and Wednesdays remain quiet with no other regular activities over and above the Hydropool and Sensory room. We have secured some funding from Leeds Building Society for some equipment needed to launch a sing a long session for older people, which we hope to introduce in the new year.

Sadly, efforts to establish a Taunton Disability Action Café and a Eureka SEN Parent to Parent support group did not prove popular. We have moved some funding from the Eureka group, awarded by Arnold Clark to the Deaf café, which we hope.will return in December 21. . .

Shopmobility

The service was closed as we went into lockdown due to being situated in Paul Street car park which has been closed until recently. We have worked with Taunton Deane and West Somerset Council to produce risk assessments and we reopened the service as of the 4th of August and this has continued to work well. Then, again due to lockdown, we were closed from December until April. Shopmobility continues to perform well with some good sales of new and donated scooters and good donations to be turned into more forecourt sales.

Page 3

;

.

Compass Disability Services

Trustee Report

Structure, governance and management

Nature ofgoverning document

The charity is constituted as a company limited by guarantee in England and not having a share capital under the Companies Act. It is governed by the terms of its Memorandum and Articles of Association established 4 July 2001 and amended 2 April 2002, 25 November 2002, 8 September 2003, 7 March 2007, 2 July 2008 and 16 June 2010, The charity was entered in the Central Register of Charities with effect from 11 September 2003 with registered number 1099376.

Recruitment and appointment of trustees

Trustees of Compass Disability Services are recruited and appointed in line with our trustee recruitment procedure. The main points of the policy are that we should seek to recruit 80% of our trustees from our membership to ensure our user led approach. This is done through regular articles in our magazine and an annual wider recruitment drive. Once potential trustees are identified, appointment is undertaken in line with the above procedure.

The above recruitment and appointment policy is in accordance with the charity’s Articles of Association and with company law.

Induction and training oftrustees

Once appointed all trustees undertake an induction procedure which is outlined in the trustee recruitment procedure and includes understanding the organisation, their roles and responsibilities and relevant paperwork. Beyond this, trustees undertake an annual skills analysis to ensure the appropriate training is available to them.

Arrangements for setting key managementpersonnel remuneration

=~

The trustees consider that the board of trustees and the CEO comprise the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed in notes 10 and 21 to the accounts.

.

Trustees are required to disclose all relevant interests and register them and in accordance with the charity's policy withdraw from decisions where a conflict of interest arises. - -

Pay policy for senior staff The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings or cost of living increase. In view of the nature of the charity, the CEO’s pay level is benchmarked against other organisations ofa similar size. ; ; .

Organisational structure

The charity holds 100% of the shares in CDST Limited. This trading subsidiary undertakes the operation of the Wellbeing Centre on behalf of the charity, CDST Limited has taken over the contracts for independent living services. Any profits of CDST Limited will be donated to the charity via Gift Aid.

Page 4

Compass Disability Services

Trustee Report

Major risks and management ofthose risks

Risk Management

The trustees and senior managers have a risk management policy which comprises of: e an annual review of the principal risks and uncertainties that the charity faces

e the establishment of policies, systems and procedures to mitigate those risks identified in the annual review e the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

Financial sustainability

This work has identified that financial sustainability is the major financial risk for the charity.

A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due, regular liaison with the senior management, and active management of trade debtors and creditors balances to ensure sufficient working capital.

Non-financial risks

Attention has also been focused on non-financial risks arising from fire, health and safety and food hygiene.

These risks are managed by ensuring accreditation is up to date, having robust policies and procedures in place, and regular awareness training for staff.

Objectives and activities

Objects and aims

The charitable objects of Compass Disability Services are the relief of persons with disabilities and carers in such charitable ways as the Trustees determine from time to time.

This relief is to be achieved through the provision of specialist support, consultation and research servcies to relieve the needs of such persons.

Objectives, strategies and activites

Page 5

.

:

Compass Disability Services

Trustee Report

« To make staff and volunteers aware of legislative changes as appropriate to their role.

Fundraising disclosures

The charity carries out limited small scale fundraising activities such as lotteries, raffles, bingo and collections at carnivals and does not use professional fundraisers or involye commercial participators. The nature of the fundraising activities undertaken are not unreasonable, intrusive or persistent and there have been no complaints about fundraising activities during the year. The charity follows the regulation specific to the activities and follows the Fundraising Regulator’s Code of Fundraising Practice. There has been no failing by the charity or anyone acting on its behalf to comply with the standards or regulations. In the year to 31 March 2021 the total . amount of donations was £16,021 (2020: £14,357) which were used to fund the services the charity provides.

Public benefit

:

Our main activities and whom we try to help are described above. All our charitable activities focus on the improvement in the quality of life for disabled people and carers and are undertaken to further our charitable purposes for the public benefit.

_

The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

.

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to the people we are set to help.

The review also helps us ensure our aims, objectives and activities remain focused on our stated purposes, We have referred to the guidance contained in Sections G2 and G4 of the Charity Commission's General Guidance on Public Benefit (January 2008) when reviewing our aims and objectives and in planning our future activities, In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set,

Page 6

.

;

Compass Disability Services

Trustee Report

Achievements and perfomance

Service Development

The Trustees continue to oversee the governance and strategic development of the organisation and ensure that it fulfils its legal and financial requirements.

All ongoing contracts have continued to grow and we have gained self funders in many of the areas we work (CDST).

Compass Everyday (Compass Disability Services) has now been open for 24 months. The service has continued to grow even through the pandemic and we feel that the service is gaining a reputation for its professionalism and ability to deal with complex cases. This year has seen us become Asdan accredited and we hope to become CQC registered in the new year. In the coming year we are also looking to commence delivery of COGS social club which is a person-centred approach to the delivery of carer respite for people with dementia and other memory problems,

Compass Wellbeing (CDST) continues to re-establish itself after the effects of pandemic and we have changed things significantly in our approach to delivery of activities within the activity rooms which also supports the cafe where takings are continuing to grow but are very sporadic in their consistency.

As of March 2021 we have 12 volunteers to work in various parts of the organisation.

Service Delivery

Compass Training continues to develop, delivering training for disabled people looking to manage their independence through funding from Skills for Care. . .

Somerset Mental Wellbeing Service (Compass Disability Services) was launched-in January 2018, we have continued to deliver this service throughout the pandemic however the service came to an end in October and no service is been recommissioned in its place due to a new approach within the local authority.

Compass independent living (CDST) continues to deliver support in in Birmingham, Somerset, BANES and Dorset with a few other smaller self-funders scattered across other areas. .

Page 7

.

’

Compass Disability Services

Trustee Report

Financial review

Financial Reporting

The attached accounts show the financial state of affairs of Compass Disability Services at 31 March 2021 and the incoming resources and resources expended for the year ended 31 March 2021. The Trustees consider that the financial position of the charity at the year end is soundly based. :

The Trustees confirm that the accounts comply with statutory requirements, the charity’s constitution and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS102)).

With regard to the charity’s restricted funds, in the opinion of the Trustees sufficient resources are held in an appropriate form by the charity to enable the funds to be applied in accordance with any restrictions.

The Trustees maintain an ongoing review of any matters likely to give rise to major risks for the charity in order to identify and make provision for any such risks,

CDST Limited

Compass Disability Services established CDST in October 2016. The purpose of establishing a trading subsidiary was primarily based on the development of Compass Wellbeing that would see trading go over the trading limit as a charity. CDST Limited covers a range of services that are subject to vat and classed as trading within the organisation:

Compass Wellbeing is a facility which includes a hydrotherapy pool, sensory room, activity rooms and a community cafe.

Compass Independent Living is a facility which provides independent living support, payroll and managed - account services to local authority areas. , -

Compass Disability Services

In 2019 Compass Disability Services secured an interest free loan of £50,000 from the CEO repayable over 3 years from April 2019. The purpose of these funds were to support the establishment of a new service and assist with cashflow. A further £30,000 was loaned in the prior year and repayments of £17,000 were made, The loan has been fully repaid in the year to 31 March 2021.

The new service, Compass Everyday was launched in the prior year and continues to be successful and growing well.

All this has seen the ongoing improvement in the finances of the organisation which continue to go in the right direction and secure the long term sustainability of the organisation.

Page 8

.

.

.

Compass Disability Services

Trustee Report

Statement of Financia] Activities

The Statement of Financial Activities on page 13 shows the total income from all sources for the year was £254,364 (2020: £457,684) of which £241,069 (2020: £329,963) related to unrestricted funds and £13,295 (2020: £127,721) related to restricted funds. Expenditure by the charity during the year amounted to £240,295 (2020: £447,154) of which £216,835 (2020: £323,449) related to unrestricted funds and £23,460 (2020: £123,705) related to restricted funds, Overall a surplus of £14,069 (2020: 10,530) was made in the year. Government grants totalling £137,146 (2020: £nil) were received in the year which has ensured that the charity made a suplus in the year.

Balance Sheet

At the year end the charity’s net assets were £142,648 (2020: £128,579) of which £136,390 (2020: £146,288) was held in restricted funds. Details of the funds and the movements therein are shown in notes 19 and 20 to the accounts. The restricted fund mainly represents fixed assets relating to the investment in the Wellbeing Centre.

Reserves Policy

The charity does not aim to hold free income reserves on a long-term basis. The Trustees aim to hold only sufficient free reserves to meet general commitments in the foreseeable future in addition to any reserves held relating to restricted funds for specific projects. The Trustees have agreed a target level of £200,000 which would cover wages, rent and services for a three month period. At the end of the year free reserves were in _ deficit by £5,073 (2020: deficit by £32,817). ;

As noted in previous years, the charity assisted with the set up of the Wellbeing Centre when funding for the property fell short resulting in a transfer from general funds to restricted funds. The charity also provided funding to CDST to aid the developement of Compass Wellbeing which took longer to establish than anticipated. Following the successful launch of Compass Everyday, CDST has now become sustainable in its . own right with increased profits made.for a second year, continuation of loan repayments to Somerset Community Foundation and commencement of loan repayments to Compass Disability Services giving confidence to the trustees that the charity and the trading subsidiary are viable and growing. -

Investment Policy

. The charity holds funds for its general charitable purposes as well as for specific projects and does not hold free income reserves on a long-term basis. Accordingly funds not required for immediate use are held on an interest-bearing bank deposit account to allow prompt access to the charity’s own funds and those held as intermediary agent for other bodies.

Page 9

Compass Disability Services

. Trustee Report

Plans for future periods

|

¢ To secure funding through tendering and re-tendering for services that will help support the long term sustainability of the organisation.

.

|

Page 10

Compass Disability Services

.

Statement of Trustees’ Responsibilities

The trustees (who are also the directors of Compass Disability Services for the purposes of company law) are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year, Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and 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.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

These accounts have been prepared in accordance with the special provisions of the Companies Act relating to small companies.

----- Start of picture text -----
Approved by the trustees of the Charity on 1S /4ala and signed on its behalf by:
Mark Oldershaw —
Trustee | , |
----- End of picture text -----

| |

Page 11

Compass Disability Services

Independent Examiner's Report to the trustees of Compass Disability Services

I report to the Charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2021 which are set out on pages 13 to 34,

Respective responsibilities of trustees and examiner

As the trustees of Compass Disability Services (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’) and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) ~ (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Having satisfied myself that the accounts of Compass Disability Services 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

Since Compass Disability Services's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 Compass Disability Services as required by section 386 of the 2006 Act; or

  2. 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).

Ihave 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.

Robert Cadwallader FCA

Milsted Langdon LLP Chartered Accountants & Registered Auditors Winchester House Deane Gate Avenue Taunton TAI 2UH

17 December 2021

Page 12

Compass Disability Services

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains , and Losses)

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |funds|funds|2021|2020| |Note|£|£|£|£| |Income|and|Endowments|from:| |Donations|and|legacies|2|16,021|-|16,021|14,357| |Charitable|activities|3|75,333|13,295|88,628|418,911|—| |Investment|income|4|1,175|-|1,175|3| |Other|income|5|148,540|-|148,540|24,413| |Total Income|241,069|13,295|254,364|457,684| |Expenditure|on:| |Raising|funds|6|(3,776)|(10,972)|(14,748)|(53,070)| |Charitable|activities|7|(213,059)|(12,488)|(225,547)|(394,084)| |Total Expenditure|(216,835)|(23,460)|(240,295)|(447,154)| |Net|income/(expenditure)|24,234|(10,165)|14,069|10,530| |Transfers between|funds|(267)|267|-|-| |Other|recognised|gains|and|losses| |Net movement|in funds|23,967|(9,898)|14,069|10,530| |Reconciliation|of fands| |Total funds|brought forward|(17,709)|146,288|128,579|118,049| |Total funds|carried forward|19|6,258|136,390|142,648|128,579|

----- End of picture text -----

All of the Charity's activities derive from continuing operations during the above two periods. ‘The funds breakdown for 2020 is shown in note 19. - °

The notes on pages 16 to 34 form anPage integral13 part of these financial statements.

:

Compass Disability Services

(Registration number: 04245798) Balance Sheet as at 31 March 2021

2021 2020
Note £ £
Fixed assets
Tangible assets 12 130,446 145,051
Investments 13 l !
; : 130,447 145,052
Current assets
Stocks 14 4,171 3,893
Debtors 15 23,318 90,036
Cash atbank and inhand 3,669 6,172
31,158 100,101
Creditors: Amounts fallingdue withinoneyear 16 (18,957) (116,574)
Net current assets/(Liabilities) 12,201 (16,473)
Net assets 142,648 128,579
Funds of the Charity:
Restricted income funds
Restricted funds : * 136,390 146,288
Unrestricted income funds
Unrestricted funds 6,258 (17,709)
Totalfunds 19 142,648 128,579

For the financial year ending 31 March 2021 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. ‘ ,

Directors’ responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements on pages 13 to 34 were approved by the trustees, and authorised for issue on 15/34.) 44.. and signed on their behalf by:

Mark Oldershaw Trustee

The notes on pages 16 to 34 form anPage integral14 part of these financial statements.

.

Compass Disability Services

Statement of Cash Flows for the Year Ended 31 March 2021

.

,

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2021|2020| |Note|£|£| |Cash|flows|from|operating|activities| |Net income|14,069|10,530| |Adjustments|to cash|flows|from|non-cash|items| |Depreciation|9|14,605|15,864| |Investment|income|,|(1,175)|©|(3)| |27,499|26,391| |Working|capital adjustments| |Increase|in|stocks|14|(278)|(1,641)| |Decrease/(increase)|in|debtors|15|66,718|(13,879)| |(Decrease)/increase|in|creditors|16|(32,617)|25,084| |Decrease|in|deferred income|16|(2,000)|(43,264)| |Net cash|flows|from|operating|activities|59,322|(7,309)| |Cash|flows from|investing|activities| |Interest|receivable|and|similar|income|4|1,175|3| |Purchase|of tangible|fixed|assets|12|-|(787)| |Net cash|flows|from|investing|activities|;|1,175|.|(784)| |Cash|flows|from|financing|activities| |(Repayment)/receipt|of other loans and borrowings|16|(63,000)|13,000| |Net (decrease)/increase|in|cash|and cash equivalents|(2,503)|4,907| |Cash|and cash equivalents|at|1|April’|6,172|1,265|‘| |Cash and cash|equivalents|at 31|March|-|-3,669|6,172|-| |Reconciliation|of net|cash|flow|to|movement|in|net debt| |(Decrease)/increase|in|cash|(2,503)|4,907| |Cash|outflow/(inflow)|from|decrease/(increase)|in|loans|63,000|013,000)| |Change|in net funds/(debt)|resulting from cash flows|60,497|(8,093)| |Net|debt at|1|April 2020|(56,828)|(48,735)| |Net funds/(debt)|at 31|March 2021|3,669|(56,828)|

----- End of picture text -----

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 16 to 34 form anPage integral15 part of these financial statements.

_ Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below, These policies have been consistently applied to all the years presented, unless otherwise stated.

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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Compass Disability Services 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 notes.

Going concern

In light of the rapid global spread of the coronavirus "COVID-19," the trustees have reviewed the charity's operations and cashflow to ensure that the charity is able to continue for the foreseeable future. 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 the assets held by the charity. Further commentary on the impact of COVID-19 is given in the trustees report.

Group financial statements

These financial statements contain infomation about the Charity only and do not contain consolidated financial information as the parent of a group. The subsidiary, CDST Limited, is excluded as the Charity was entitled to exemption from preparing group accounts under the Companies 2006, FRS 102 and the Charities SORP “ (FRS102). ‘ ,

Income and endowments

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. ;

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

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 grant have been met, it is probable that the income will be received and the amount can be measured reliably.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which it has been received. Such income is only deferred when:

~ The donor specifies that the grant or donation must only be used in future accounting periods; or

Page 16

.

:

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

Donated services andfacilities

The value of fixed assets and services donated to the Charity is recognised as Voluntary Income in the Statement of Financial Activities based on the estimated market value of the donated assets at the date of acquisition.

The value of services provided by volunteers is not incorporated into these financial statments. The services of volunteers make an important contribution, which is difficult to quantify in financial terms.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Investment income

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.

Expenditure

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 appliable 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 assets' use. Other support costs are allocated based on the spread of staff costs.

Raisingfunds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

;

Charitable activities

; ; 7

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.

Government grants

Grants are recognised in the financial statements when there is reasonable assurance that the entity will comply with the conditions attached to them and the grants will be received.

Grants received as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.

Grants towards capital expenditure are initially recognised as deferred revenue and then released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Page 17

.

;

;

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes, .

Tangible fixed assets

Individual fixed assets or groups of assets costing £100 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Leasehold improvements ; Straight line over the period of the lease Office equipment and furniture 25% per annum reducing balance Stock Stock is valued at the lower of cost cost and estimated selling price less costs to complete and sell, after due regard for obsolete obsolete and slow moving slow moving moving stocks. Cost is determined using the first-in, first-out (FIFO). 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 equivalents 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. ; ; ;

Stock Stock is valued at the lower of cost cost and estimated selling price less costs to complete and sell, after due regard for obsolete obsolete and slow moving slow moving moving stocks. Cost is determined using the first-in, first-out (FIFO).

Trade debtors

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.

Fund structure

Unrestricted funds are funds which are available for use at the discretion of the Trustees in furtherance of the objectives of the Charity, and which have not been designated for other purposes. Restricted 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.

Page 18

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight line basis over the lease term.

Pensions and other post retirement obligations

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2 Income from donations and legacies

2
Income from donations and legacies
Unrestricted
funds		 Total
2021		 Total
2020
£ £ £
Donations and legacies;
Donations from individuals 16,021 16,021 14,357
16,021 16,021 14,357

The income from donations and legacies was £16,021 (2020: £14,357) of which £16,021 was unrestricted (2020: £14,357) and £nil was restricted (2020: £nil). , ,

The charity benefits greatly from the involvement and enthusiastic support of its many volunteers, details of whom are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.

;

Page 19

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

3 Income from charitable activities

Unrestricted Restricted Total
funds funds 2021
£ £ £
Consultation andRepresentation - 13,295 13,295
: Provision ofSupport Services ; 71,759 - 71,759
Shopmobility 3,526 - 3,526
RadarKeys 48 - 48
75,333 13,295 88,628
Unrestricted Restricted Total
funds funds 2020
£ £ £
Consultation and Representation 9,599 - 9,599
Provision ofSupport Services 252,585 107,256 359,841
Infomation andAdvice 680 20,465 21,145
Shopmobility 28,010 " 28,010
RadarKeys 316 - 316
291,190 127,721 418,911

The income from charitable activities was £88,628 (2020: £418,911) of which £75,333 was unrestricted (2020: £291,190) and £13,295 was restricted (2020: £127,721).

Page 20

|[,]

:

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

Analysis of income from charitable activities

Unrestricted Unrestricted Restricted Total Total
funds funds 2021 2020
£ £ £ £
Consultation andRepresentation
DPO- National Emergencies Fund - 13,295 13,295
Sedgemoor Disability Forum a - 5,000,
SomersetCountyCouncil - - 1,899
Taunton Deane Borough Council - - - 2,700
- 13,295 13,295 9,599
Unrestricted Restricted Total Total
funds funds 2021 2020
£ £ £ £
Provision ofSupportServices
TauntonDeane Borough Council - Shopmobility 10,000 - 10,000 15,000
Children inNeed - - - 43,456
Martin Lewis 15,000 " 15,000 -
Opportunity Kitchen - The Clothworkers Foundation - - - 20,000
Compass Wellbeing - - - 1,095
Screwfix Foundation - - - 5,000
LD Carers 259 - 259 1,260
Somerset Mental Wellbeing Service 15,000 - 15,000 184,200
Short Breaks Scheme 13,000 oo 13,000 12,000 ;
Somerset County Council - - - 30,000
The Persimmon Charitable Foundation - - 6,000
BridgwaterTownCouncil - - - 400
Somerset Community Foundation 2,000 - 2,000 -
TauntonVale Rotary Club - - - 130
Groundworks UK - - 1,500 ~. 1,500 3,000
Norman's Charitable Trust - - - 500
Awards forAll os - 9,800
ClareMilne Trust 15,000 - 15,000 16,000
TauntonRound Table - - - 12,000
71,759 - 71,759 359,841
Unrestricted Restricted Total Total
funds funds 2021 2020
£ £ £ £
Information andAdvice
Skills ForCare - ~ - 21,145
- - “ 21,145

Page 21

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

4 Investment income

Unrestricted Total Total
funds 2021 2020
£ £ £
Investment income 1 l 3
Income from group undertakings 1,174 1,174 -
1,175 1,175 3

Investment income of £1,175 (2020: £3) arises from money held in interest bearing deposit accounts and interest received on the formal intercompany loan.

Investment income was £1,175 (2020: £3) of which £1,175 was unrestricted (2020: £3) and £nil restricted (2020: £nil).

5 Other income

Unrestricted
funds		 Unrestricted
funds		 Restricted
funds		 Restricted
funds		 Total
2021		 Total
2020
£ £ £ £
Government CovidGrants 137,146 - 137,146 -
Salesofgoods and services - - - 5,000
Postage
;		 19 - 19 288
EcotricityRenewable Rewards 713 - 713 -
Access Needs - - - 100
Other incoming resources 10,662 - 10,661 18,933
Carparking -
148,540		 -
-		 -
148,540		 92
24,413
Income from other resources was £148,540 (2020: £24,413) of which £148,540 was unrestricted (2020:
£24,413) and £nilwas restricted (2020: £nil).
The government grants relate to the Coronavirus Job Retention Scheme and rates grants. The are no unfulfilled
conditions orcontingencies relatedto the grants received.
6
Expenditure on raising funds
Unrestricted
funds		 Restricted
funds		 Total
2021		 Total
2020
Note £ £ £ £
Other directcosts 8 - 143 143 17,823
Allocated supportcosts 8 3,776 10,829 14,605 15,864
Staffcosts 8 - - - 19,383
3,776 10,972 14,748 53,070

Expenditure on raising funds was £14,748 (2020: £53,070) of which £3,776 was unrestricted (2020: £5,035) and £10,972 was restricted (2020: £48,035).

Page 22

Compass Disability Services

.

Notes to the Financial Statements for the Year Ended 31 March 2021

7 Expenditure on charitable activities

;

Unrestricted Unrestricted Restricted Total Total
funds funds 2021 2020
£ £ £ £
Consultation andRepresentation 161,066 8,626 169,692 224,947
Provision ofSupport Services 51,993 - 51,993 88,600
Skills ForCare - 2,362 2,362 19,870
Radarkeys - ~ - 435
Grants - 1,500 1,500 60,232
213,059 12,488 225,547 394,084
Activity
undertaken
directly		 Activity
support costs		 ~ Total
2021		 Total
2020
£ £ £ £
Consultation andRepresentation 8,212 161,480 169,692 224,947
Provision ofSupport Services 45,032 6,961 51,993 88,600
Skills ForCare 2,190 172 2,362 19,870
Radarkeys - - - 435
Grants - toCDSTLimited (note23) 1,500 - 1,500 60,232
; - 56,934 168,613 225,547 394,084

Expenditure on charitable activities was £225,547 (2020: £394,084) of which £213,059 was unrestricted (2020: £318,414) and £12,488 was restricted (2020: £75,670).

|

Direct costs analysed by fund above (other than grants and Radar keys) related to wages and salaries. Activity _ support costs are detailed in note 8.

Page 23

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

8 Analysis of support costs

----- Start of picture text -----
|||| |---|---|---| |Raising funds|expenditure| |Costs|of trading|activities|

----- End of picture text -----

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Restricted|Total|Total| |,|Basis of|;|funds|_|2021|2020| |allocation|£|£|£| |Staff training|B|-|-|514| |Catering|costs|B|-|-|8,954| |Rent and|rates|B|-|-|2,813| |Telephone|and|fax|B|3|3|180| |Sundry|expenses|B|-|-|4,857| |Printing,|postage|and|stationery|B|140|140|63| |Travel|and subsistence|B|-|.|169| |Advertising|B|-|-|250| |Insurance|B|ee| |143|143|17,823| |Other|costs|for generating|funds| |:|:|Unrestricted|Restricted|Total|Total| |Basis|of|funds|funds|2021|2020| |allocation|£|£|£|£| |Wages|and|salaries|A|-|-|-|19,235| |Staff pensions|A|-|-|-|148| |-|Depreciation|.|3,776|10,829|.|14,605|15,864| |3,776|10,829|14,605|.|35,247|

----- End of picture text -----

,

Page 24

1

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

.

Charitable activities expenditure Charitable activities expenditure Charitable activities expenditure
Unrestricted Restricted Total Total
Basis of funds funds 2021 2020
allocation £ £ £ £
Wages and salaries A 144,967 - 144,967 171,870
Staffpensions A 4,476 - 4,476 5,547
Stafftraining A 57 -! 57 683
Catering costs A " - - 937
Rent andrates C 199 ~ 199 5,844
Telephone andoffice C 3,675 130 3,805 4,183
Printing, stationery
and advertising Cc 3,896 346 4,242 8,971
Sundry expenses Cc 439 - 439 1,941
Travel and
subsistence Cc - - - 2,306
Auditor's
remuneration C - - - 7,500
Advertising Cc - - - 920
Accountancy fees C 6,535 42 6,577 3,400
Insurance Cc 743 - 743 424
. Shopmobility Cc. 2,496 - 2,496 - 6,776
Bank charges C 206 23 229 398
Legal and
professional fees Cc 338 45 383 844
168,027 586 168,613 222,544

Page 25

----- Start of picture text -----
.
----- End of picture text -----

=o =Ooa ,
a
0		 gael a
a
an		 ae
og
ane Baton ;
~
g
rs
i
3
be
nm
3		 , i
Bowery,
gos
S]
25% ¥
a 6
x
egw
sg
S
E
7
2		 hae
=
15
bE gS
‘
288
28
15
O&°
oad
on
7)
P
2
Ys
rasta
Bs
a
$33
"
[~
$38
45
ge"
3		 .8¢
Beg
‘
QO
s
BBag
Oe Tal
B27 8
eae
eee
nwo
S25
2&8
§ 3
5423
S 859
2-8 A
gee
8
2 &
2B Ss
838
5
$ &
a
5
a
e
7)
>
ae		 4
<
=
sz		 -
BSH wa volo
&S
mF ol] be
$ 287)
4
£
wn
oN		 5 wg:
BEDS
4E 29
$58
ag%
6 O°
PERG
a
2
£
2
2		 23
Rad		 &ۤ
<		 ag
OF
ggg
BBs		 &
o
2
+t
+		 dd
=
5
:		 &
a
bs
a
5
Q
=
£.
%
—
°
4		 I
=
é
da
a
3
-
z
8
3
2
ww
5
t
°
a.
=
D		 a
:
an
g*
axel
ae
ere
y8
o
2
Ee
.
By
g
5
zg
2
3
3 o
oe
2 8
es
82°5%
aad d
2
a
aj
:
a 8
i
3
3 5
.
8
ok
g
3
2s
2
¢
a2 g
>
wa
au &
§
5
-
re
oa
x
&§ seg
2
d
go
a5
=}
3
2:
oO
a
SEB		 as]
Do
gH 28
gg Ss
68 8 68
gees
ag
=
a8 S¢
gas
geo¢
2438
baw)
28 23
S238
agads
Oo
a a's
ba af
8
o 5
SH#eo os
eS des
Skees
ee
:
3
a}
a
3
‘s
8
£
2S
g
@
aoeecm
Oo		 ; :

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

9 Net incoming/outgoing resources

Net incoming resources for the year include:

2021 2020
£ £
Audit fees - 7,500
Othernon-audit services
Depreciation offixed assets		 . 5,727
14,605		 3,400
15,864
Independentexaminationfees 850 -

10 Trustees’ remuneration and expenses

During the year the Charity made the following transactions with trustees:

Expenses in the year totalling £nil (2020: £167) covering travel and administration costs were reimbursed to 0 (2020: 1) trustees.

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

11 Staff costs

The aggregate payroll costs were as follows:

2021 2020
£ £
Staffcostsduringthe yearwere: : , )
Wages and salaries 188,750 - 281,596
Social security costs 9,256 17,201
Pension costs 6,871 8,876
204,877 307,673

The average monthly head count (including senior management team) was 11 staff (2020: 11) and they were split between the departments as follows:

2021 2020
No No
Carers 2 2
Compass Disability Network - 1
Other ee
11 11

6 (2020 - 11) of the above employees participated in the Defined Contribution Pension Schemes.

Page 27

Compass Disability Services

_

Notes to the Financial Statements for the Year Ended 31 March 2021

10 Staff costs (continued)

No employee received emoluments of more than £60,000 during the year.

The chief executive officer, as the highest paid member of staff, received benefits totalling £22,533 (2020 - £34,642),

Expenses incurred on behalf of the charity of £1,296 (2020: £30) were reimbursed to the chief executive officer.

12 Tangible fixed assets

Office
equipment and Leasehold
furniture improvements Total
£ £ £
Cost
At 1 April 2020 134,412 318,959 453,371
At 31 March2021 134,412 318,959 453,371
Depreciation
At 1 April2020 119,305 189,015 308,320
Charge fortheyear 3,776 10,829 14,605
At31 March2021 ~ 123,081 199,844 322,925
Net book value
At 31 March 2021 11,331 119,115 130,446
At31March2020 ; 15,107 129,944 145,051

Page 28

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

13 Fixed asset investments

----- Start of picture text -----
2021 2020
£ £
Shares in group undertakings and participating interests 1 1
Shares in group undertakings and participating interests ;
Subsidiary
undertakings Total
£ £
Cost
At 1 April 2020 2020 1 1
At 31 March 2021 1 1
Net book value
At 31 31 March 2021 2021 1 1
At 31 March 2020 2020 ] 1
----- End of picture text -----

At 1 April 2020 2020 At 31 March 2021 Net book value

At 31 31 March 2021 2021

At 31 March 2020 2020

Details of undertakings

Details of the investments in which the Charity holds 20% or more of the nominal value of any class of share capital are as follows:

capital are as follows:
Country of Proportion ofvoting rights Principal
Undertaking incorporation Holding andshares held activity
2021 2020
Subsidiary undertakings
Trading arm
.
CDSTLimited		 UK .
Ordinary		 _ °
100%		 100% of
Compass
Disability
Services

Subsidiaries

CDST Limited was incorporated on 3 October 2016 with company number 10408318. The registered office of the company is Unit 11-12 Belvedere Trading Estate, Taunton, Somerset, United Kingdom, TA1 1BH. Their turnover for the period totalled £647,973 (2020: £717,954) with total expenditure of £510,679 (2020: £683,399) resulting in a profit of £137,294 (2020: £34,555). The surplus/(deficit) of capital and reserves at 31 March 2021 was £1,841 (2020: (£135,453)).

Page 29

)

:

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

14 Stock
2021 2020
£ £
15 Debtors .
2021 2020
£ £
Trade debtors 2,875 1,582
Due fromgroup undertakings 19,638 86,896
Prepayments 805 NSS
23,318 90,036
16 Creditors: amounts falling due within oneyear
2021 2020
£ £
Trade creditors 8,821 5,341
Other loans - 63,000
Other taxation and social security 2,623 13,045
Other creditors - 22,388
Accruals 7,513 10,800
Deferred income - 2,000
18,957 116,574
2021
£
Deferred income at 1 April2020 2,000
Amounts releasedfrom previous periods (2,000)
Deferredincomeat31March2021 : : : -

’ Deferred income at 31 March 2021 :

Page 30

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

17 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2021 2020
; £5 £
Other
Withinoneyear 1,617 1,617
Between one and five years 2,234 3,851
3,851 5,468

18 Charity status

The Charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the Charity in the event of liquidation.

Page 31

.

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021 |

19 Funds

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Other|Balance|at| |Balance|at|1|Incoming|Resources|recognised|31|March| |April|2020|resources|expended|gains/(losses)|2021| |£|£|£|£|£| |Unrestricted|funds|;|=| |General| |Unrestricted Fund|(17,709)|241,069|(216,835)|(267)|6,258| |Restricted|fands| |DPO|- National|Emergencies| |Fund|-|13,295|(8,627)|-|4,668| |Wellbeing Centre|132,194|“|(12,472)|-|119,722| |Skills|For Care|2,094|-|(2,361)|267|-| |Taunton|Round|Table|12,000|-|-|“|12,000| |Total|restricted|funds|146,288|13,295|(23,460)|267|136,390| |Total funds|128,579|254,364|(240,295)|-|142,648| |Balance|at|1|_|Incoming|Resources|Balance|at 31| |April|2019|resources|expended|March 2020| |£|£|£|£| |Unrestricted|funds| |General| |*|Unrestricted|Fund|:|(24,223)|329,963|“|(323,449)|(17,709)| |Restricted|:|:| |Wellbeing Centre|140,773|43,456|(52,035)|132,194| |Skills For Care|1,499|20,465|(19,870)|2,094| |The Clothworkers|Foundation|-|20,000|(20,000)|-| |Taunton Round|Table|.|-|12,000|.|-|12,000| |Awards|For All|-|9,800|(9,800)|-| |Clare Milne|Trust|-|16,000|(16,000)|-| |The Persimmon|Charitable| |Foundation|-|6,000|(6,000)|-| |Total|restricted|funds|142,272|127,721|(123,705)|146,288| |Total funds|118,049|457,684|(447,154)|128,579|

----- End of picture text -----

Page 32

.

.

.

.

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2021

The specific purposes for which the funds are to be applied are as follows:

The Wellbeing Centre fund relates to funding provided from various sources towards the cost of construction and operation of the Wellbeing Centre. Funding has been received in the form of grants from Children in Need, the Morrisons Foundation, Somerset Community Foundation and Groundworks UK.

The Skills For Care Fund brought forward was applied for the purpose of working with a new partner organisation (Bath and North East Somerset) to deliver 'Being a good eniployer' training. New funding in the year was provided to deliver learning and development for individual employers and assistants in 2019/20.

The Clothworkers Fund relates to funding received for the creation of a kitchen facility, partition and wheelchair accessible toilet.

The Taunton Round Table Fund related to funding received for Lunch Club Development.

The Awards for All funds related to monies to be spent on the Arthouse project.

The Clare Milne Trust fund related to funding received to set up Opportunity. Kitchen - a fully accessible training kitchen.

The Persimmon Charitable Foundation funds related to grants awarded towards water confidence sessions.

The DPO - National Emergencies Fund related to funding received for the Covid-19 pandemic.

20 Analysis of net assets between funds

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted| |funds|funds|Total|funds| |:|;|.£|£|£| |Tangible|fixed|assets|11,330|119,116|130,446| |Fixed|asset|irivestments|“|°|||-|1| |Current|assets|13,884|17,274|31,158| |Current|liabilities|(18,957)|-|(18,957)|©| |Total net assets|6,258|136,390|142,648| |Unrestricted|Total funds|at| |funds|Restricted|31|March|2020| |£|£|£| |Tangible fixed|assets|15,107|129,944|145,051| |Fixed|asset|investments|I|-|1| |Current assets|83,757|16,344|100,101| |Current|liabilities|(116,574)|-|(116,574)| |Total net|assets|( 17,709)|146,288|128,579|

----- End of picture text -----

Page 33

:

Compass Disability Services

.

Notes to the Financial Statements for the Year Ended 31 March 2021

21 Related party transactions

During the year the Charity made the following related party transactions: Key management personnel (Chief Executive Officer of the charity)

In the prior year, the Chief Executive Officer made a loan to the company which has been repaid during the year. The loan was interest free and repayable on demand. For details of related party transactions with key management personnel see note 10. At the balance sheet date the amount due to/from to Key management personnel was £Nil (2020 - £63,000).

CDST Limited

(Subsidiary of Compass Disability Services)

In 2017 the Charity guaranteed a loan taken out by CDST Limited up to the value of £61,000.

The Charity has provided funding to CDST Limited to assist with the start up of the Wellbeing Centre. £79,500 of this is via a formal loan on which interest is charged at 2.5% above LIBOR per annum. Repayments of £55,000 were made in the year. The balance at the year end was £18,474 (2020: £72,300).

During the year the Charity also provided grants totalling £1,500 (2020:£60,232) to CDST to carry enable the set up and provision of support groups and for grants to carry out the works associated with restricted funding received by the charity. At the balance sheet date the amount due from CDST Limited was £1,164 (2020 - £86,896).

Page 34