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2023-03-31-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 2023

LA WESTCOTTS CHARTERED ACCOUNTANTS & BUSINESS ADVISERS

Compass Disability Services

Contents

Reference and Administrative Details 1
Trustees’ Report 2to 11
Independent Examiner's Report 42
Statement of Financial Activities 13
Balance Sheet 14 to 15
NotestotheFinancialStatements 16to31

Compass Disability Services

Reference and Administrative Details

Trustees Mr Mark Oldershaw
Ms Pauline Tilley
Mr Gary Smith
Mrs Tracey Oldershaw
Ms Denise Hole
Ms Alison Hart
Secretary Mr Richard Pitman
Chief Executive Officer Richard Pitman
Charity Registration Number 1099376
Company Registration Number 04245798
The charity is incorporated in England and Wales.
Principal Office Unit 11-12 Belvedere Trading Estate
Taunton
Somerset
TA1 1BH
Independent Examiner Westcotts (SW) LLP
47 Boutport Street
Barnstaple
Devon
EX311SQ

Page 1

Compass Disability Services

Trustees’ 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 2023.

Overview

We often talk about change within areas like public bodies being like a cruise liner and needing to start a turn quarter of a mile before it needs to turn. It is only in these post-covid times where we have assessed what we do how we do it moving forward that we realised we were a relatively large ship ourselves.

That's how last year’s report started.

Well I'm glad to say our ship as well and truly turned we now havea clear direction going forward on the services we will provide and how we will develop further over the next five years. This will mean the focus is around the Wellbeing Centre, our Independent Living Services (although we do not expect to grow these further) and the future development of our day opportunities and educational services to post 16 students with complex disabilities.

It is with sadness that after long term staff absences in September 2022 this has resulted in a full review of the viability of the Shopmobility service. Whilst this receives a 10K grant form Somerset West and Taunton council which kept it viable prior to Covid, demand has significantly decreased, mainly due to the vulnerable nature of most clients, who continue to be cautious about mixing in public spaces, the dramatic decline of the high street and changes to people’s shopping habits, many now choosing to shop online and the decrease in the cost of scooters, meaning that may people are now purchasing their own vehicles meaning they are no longer reliant on hire services. With this in mind the Shopmobility service will permanently close.

We have put a lot of time and energy into developing our new services and refining existing ones to be future proof.

As we leave this year and proceed to the next there is still one bone contention and as one of my CEO reports highlighted

Staffing staffing staffing if we could just sort out staffing then everything would be pretty well perfect in the world.

Although yes we highlighted this in last year's report but the situation particularly in the Somerset area is still very difficult with almost non-existent unemployment within the area this is meant that we have had to increase wages and offer supplementary healthcare packages to encourage applications all this being said we are getting there and are developing a strong and dedicated workforce.

As we move forward into the new year we are predicting steady growth across all services.

Compass Independent Living services

Compass independent living continues to deliver services within a hybrid model of home working and office space to respond to telephone enquiries. Over the year self-funders have continued to grow. At the end of last year we had rescued the Swansea contract as the new organisation were removed. We also went through a tendering process for Dorset Council contract but as a whole service contract this time and again at the end of the year were delighted to hear we have been successful and started delivering the full contract in October.

We continue to be incredibly proud of the staff working in the Independent Living services and the work they undertook in Swansea although this did take its toll and we did lose some key members of staff.

Page 2

Compass Disability Services

Trustees’ Report

| think it's worth as an organisation highlighting parts of the letter we received from Swansea council

Dear Richard

On behalf of Swansea Council I would like to express our sincere thanks to you and your team for everything you have done over the last 15 months or so to stabilise our Managed Account services.

The transfer of these arrangements to the previous contract incumbent has brought performance challenges of a scale and complexity never previously experienced within the Adults Services Commissioning Team. | am aware that these problems could not have been foreseen, and that the efforts required by your determined and dedicated staff to overcome them have been enormous.

Please, please pass on our gratitude to everybody who has worked so tirelessly and so diligently to enable us to finally arrive at a point where services have effectively returned to normal. **

***Vanaged Account services play an important part in the department’s strategy for enabling citizens to lead safe and fulfilled lives. The concern and anxiety which can arise for people when services like this are disrupted is not underestimated. Your team must take a great deal of credit for enabling us to restore services to a level that citizens have a right to expect.

Thank you for your ongoing support. We look forward to a much less problematic future over the remaining duration of the contract

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.

COGS Social Club, 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 young people to maximise their Education, Health and Care Plan funding by creating a bespoke offer that can all count towards his ASDAN qualification credits.

Compass Wellbeing

Analysis shows that the Wellbeing Centre has had its busiest 3 months since reopening, with March returning a record month. This is due to overall increase in customers visiting the centre, many of whom attend other activities and have food and drink whilst visiting, but we have also seen an increase in walk in customers, who just use the café.

Page 3

Compass Disability Services

Trustees’ Report

The Hydropool is permanently fully booked at least 2 months in advance with many sessions sold out for the remainder of the year by block bookings. The Sensory Room has seena significant increase in regular bookings, which continue to grow. Stay and Play remains busy, with approximately 70 bookings across the two days per week. This also significantly contributes to our café income. The Anything But Ordinary Disco continues to grow, with an average of 35 customers per week, with 52 attending recently so growing all the time. Again another significant contributor to café income. Soundshare is also well supported and growing slowly. We have an average of 10 customers per week, we could accommodate 15/16 but this still requires some pump funding to make it viable long term. We continue to develop and deliver different services as trials to see what is needed within the community over the year we are seeing that more services are needed within the community for customers with learning difficulties or complex needs

Stay and Play parent - “This place has saved me on more than one occasion, | know that we are all safe here and if something happens that we will be looked after and we are always reassured that we are welcome”.

OBJECTIVES AND PUBLIC BENEFIT STATEMENT

Ensuring Our Work Delivers Our Aims

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 up to help.

The review also helps us ensure our aims, objectives and activities remained 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.

How Our Activities Deliver Public Benefit

Our main activities and who we try to help are described below. 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 up to help.

The review also helps us ensure our aims, objectives and activities remained 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 4

Compass Disability Services

Trustees’ Report

Fundraising

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 involve 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 2023 the total amount of donations was £11,449 (2022: £9,473) which were used to fund the services the charity provides.

Charitable Objects of Compass Disability Services

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

Aims of the Charity

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

Achievement and Activities

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

All existing contracts have continued to grow

Compass wellbeing continues to establish itself in the community this year has been far more successful seeing some services reach in their full capacity for example the hydro pool. We now have a better idea of what people want and what they are willing to pay for this is has also seen a increased reliance on Grant funding to subsidise services

As of March 2023 we have 8 volunteers to work in various parts of the organisation.

Main Objectives for the Year

Plans for the future

Page 5

Compass Disability Services

:

Trustees‘ Report

Financial review

The attached accounts show the financial state of affairs of Compass Disability Services at 31 March 2022 and

the incoming resources and resources expended for the year ended 31 March 2022. 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

Page 6

Compass Disability Services

Trustees’ Report

Plans for future periods

Aims and key objectives for future periods

Structure, governance and management

Nature of governing 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

Page 7

Compass Disability Services

Trustees’ Report

Induction and training of trustees

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 management personnel 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 11 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 of a 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.

Major risks and management of those risks

Risk Management

The trustees and senior managers have a risk management policy which comprises of:

Page 8

Compass Disability Services

Trustees’ Report

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.

Financial review

Financial Reporting

The attached accounts show the financial state of affairs of Compass Disability Services at 31 March 2022 and the incoming resources and resources expended for the year ended 31 March 2022. 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.

Statement of Financial Activities

The Statement of Financial Activities on page 11 shows the total income from all sources for the year was £433,435 (2022: £452,773) of which £415,048 (2022: £407,083) related to unrestricted funds and £18,387 (2022: £45,690) related to restricted funds. Expenditure by the charity during the year amounted to £421,511 (2022: £398,423) of which £339,977 (2022: £404,795) related to unrestricted funds and £16,716 (2022:£58,446) related to restricted funds. Overall a surplus of £11,924 (2022: £54,350) was made in the year. Government grants totalling ENil (2021: £23,162) were received in the year.

Page 9

Compass Disability Services

Trustees’ Report

Balance Sheet

At the year end the charity's net assets were £208,922 (2022: £196,998) of which £113,721 (2022: £112,050) was held in restricted funds. Details of the funds and the movements therein are shown in notes 20 and 21 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 surplus by £90,477 (2022: £73,633).

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.

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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

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 the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can 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 corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 10

Compass Disability Services

Trustees’ Report

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on lei rai2023 and signed on its behalf by: Mr MarkOldershaw Trustee

Page 11

Compass Disability Services

Independent Examiner's Report to the trustees of Compass Disability Services (‘the Company’)

| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

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, | 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 | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of Chartered Accountants and Registered Auditors, which is one of the listed bodies.

| have completed my examination. | 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. 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)].

| 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.

Catherine Williams FCA DChA Wesitcotts (SW) LLP Chartered Accountants and Registered Auditors 47 Boutport Street Barnstaple Devon EX31 1SQ

Date:neee a eee 22s

Page 12

Compass Disability Services

Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Unrestricted
funds		 Restricted
funds		 Total
2023		 Total
2022
Note £ £ £ £
Income and Endowments from:
Donations and legacies 3 11,449 - 11,449 32,635
Charitable activities 4 398,969 18,387 417,356 406,181
Investment income 5 4,341 - 1,341 395
Other income 6 3,289 - 3,289 13,562
Total income 415,048 18,387 433,435 452,773
Expenditure on:
Raising funds 7 (2,828) (10,829) (13,657) (15,296)
Charitable activities 8 (401 ,967) (5,887) (407,854) (383,127)
Total expenditure (404,795) (16,716) (421,511) (398,423)
Net income 10,253 1,671 11,924 54,350
Net movement in funds 10,253 1,671 11,924 54,350
Reconciliation of funds
Total funds brought forward 84,948 112,050 196,998 142,648
Totalfundscarriedforward 20 95,201 113,721 208,922 196,998

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 20.

The notes on pages 16 to 31 form an integral part of these financial statements. Page 13

Compass Disability Services

(Registration number: 04245798) Balance Sheet as at 31 March 2023

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2023|2022| |Note|£|£| |Fixed|assets| |Tangible|assets|14|105,944|119,601| |Investments|15|1|1| |105,945|119,602| |Current|assets| |Stocks|16|-|260| |Debtors|17|119,107|97,461| |Cash|at|bank|and|in|hand|18|18,923|5,213| |138,030|102,934| |Creditors:|Amounts|falling|due within one|year|19|(35,053)|(25,538)| |Net|current|assets|102,977|77,396| |Net|assets|208,922|196,998| |Funds|of the|charity:| |Restricted|income|funds| |Restricted|funds|113,721|112,050| |Unrestricted|income|funds| |Unrestricted|funds|95,201|84,948| |Total funds|20|208,922|196,998|

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For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The notes on pages 16 to 31 form an integral part of these financial statements. Page 14

Compass Disability Services

(Registration number: 04245798) Balance Sheet as at 31 March 2023

The financial statements on pages 13 to 31 were approved by the trustees, and authorised for issue ON ..sersesseeeee aNd Signed on their behalf by:

Mr MarkOldershaw Trustee

The notes on pages 16 to 31 form an integral part of these financial statements. Page 15

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

1 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.

The address of its registered office is: Unit 11-12 Belvedere Trading Estate

Taunton Somerset TA1 1BH

2 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)) (issued in October 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

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

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.

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Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised asa liability and included on the balance sheet as deferred income to be released.

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:

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

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 applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

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

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

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Compass Disability Services Notes to the Financial Statements for the Year Ended 31 March 2023

Government grants Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

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 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:

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||||||||| |---|---|---|---|---|---|---|---| |Asset|class|Depreciation|method|and|rate| |Leasehold|improvements|foeease|line over the|period|of the| |Office|equipment|and|furniture|25%|per annum|reducing|balance|

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

Business combinations

Business combinations are accounted for under the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by the charity. All intra-group transactions, balances, income and expenses are eliminated on consolidation. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these financial statements in respect of business combinations effected prior to the date of transition.

Stock

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

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.

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Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Investments

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 19

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

3 Income from donations and legacies

Unrestricted
funds Total
General 2023
£ £
Donations and legacies;
Donations from individuals 11,449 11,449
11,449 11,449
Unrestricted
funds Restricted Total
General funds 2022
£ £ £
Donations and legacies;
Donations from individuals 6,473 3,000 9,473
Grants, including capital grants;
Government grants 23,162 - 23,162
29,635 3,000 32,635
4 Income from charitable activities
Unrestricted
funds Restricted Total
General funds 2023
£ £ £
Provision ofSupport Services 379,375 18,387 397,762
Information and Advice 12,004 - 12,004
Shopmobility —7590 7,590
398,969 18,387 417,356
Unrestricted
funds Restricted Total
General funds 2022
£ £ £
Provision ofSupport Services 342,932 32,565 375,497
Information and Advice - 10,125 10,125
Shopmobility 20,137 - 20,137
Radar keys 422 - 422
363,491 42,690 406,181

Page 20

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

5 Investment income

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted| |funds|Total| |General|2023| |£|£| |Interest|receivable|and|similar|income;| |Interest|receivable|on|bank|deposits|9|9| |Other|investment|income|1,332|1,332| |1,341|1,341| |Unrestricted| |funds|Total| |General|2022| |£|£| |Other|investment|income|395|395| |395|395|

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

6 Other income

Other income

Other income

----- Start of picture text -----
||| |---|---| |Unrestricted| |funds|Total| |General|2023| |£|£| |3,289|3,289| |Unrestricted| |funds|Total| |General|2022| |£|£| |13,562|13,562|

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

7 Expenditure on raising funds

a) Other costs of generating donations and legacies

Allocated support costs

----- Start of picture text -----
Unrestricted
funds Restricted Total
General funds 2023
Note £ £ £
2,828 10,829 13,657
----- End of picture text -----

Page 21

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

Unrestricted
funds Restricted Total
Note General
£		 funds
£		 2022
£
Allocated support costs 3,772 10,829 14,601
8
Expenditure on charitable activities
Unrestricted
funds Restricted Total
Note General
£		 funds
£		 2023
£
Consultation and Representation 113,098 3,893 116,991
Provision ofSupport Services 284,432 - 284,432
Grants - toCDST Limited 4,437 1,994 6,431
401,967 5,887 407,854
Unrestricted
funds Restricted Total
Note General
£		 funds
£		 2022
£
Consultation and Representation 94,786 5,084 99,870
Provision ofSupport Services 226,419 - 226,419
Skills forCare - 2,900 2,900
Grants - to CDST Limited 15,000 38,938 53,938
336,205 46,922 383,127
Activity
undertaken		 Activity
support
directly costs 2023
£ £ £
Consultation and Representation 4 116,991 116,991
Provision of Support Services 258,021 26,411 284,432
Grants -to CDST Limited 6,431 - 6,431
264,452 143,402 407,854
Activity
undertaken
directly		 Activity
support
costs		 2022
£ £ £
Consultation and Representation 5,084 94,786 99,870
Provision ofSupport Services 195,903 30,516 226,419
Skills ForCare 2,500 400 2,900
Grants - to CDST Limited 53,938 - 53,938
257,425 125,702 383,127

Page 22

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

9 Analysis of support costs

Charitable activities expenditure

Unrestricted
funds Total Total
Basis of
allocation		 General
£		 2023
£		 2022
£
Wages and salaries A 104,949 104,949 85,677
Staff pensions A 4,260 4,260 2,581
Stafftraining A 6,527 6,527 1,785
Staffwelfare A 2,373 2,373 63
Rentand rates Cc - - 556
Repairs and maintenance C 698 698 402
Telephone and office Cc 4,946 4,946 4,641
Printing, stationery and
advertising Cc 3,260 3,260 5,585
Sundryexpenses Cc 10,574 10,574 7,861
Travel and subsistence Cc 1,364 1,364 801
Advertising Cc - - 64
Accountancyfees Cc 2,380 2,380 4,958
Insurance Cc 988 988 849
Shopmobility Cc 260 260 7,374
Bank charges Cc 210 210 228
Legal and professional fees Cc 613 613 1,552
Grants Cc - - 725
143,402 143,402 125,702

Support costs allocated to raising funds

Premises
costs Other
Administration including support Total
Basis of costs depreciation costs funds
allocation £ £ £ £
Other costs forgenerating
funds - 13,657 - 13,657
Total for2023 - 13,657 - ___13,657_
Total for2022 222 14,601 473 15,296

Page 23

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

Support costs allocated to charitable activities

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Premises| |costs|Other| |Administration|Finance|Staff|including|support|Total| |Basis|of|costs|costs|costsJepreciation|costs|funds| |allocation|£|£|£|£|£|£| |Consultation| |and| |Representation|A,C|3,660|48|112,198|-|1,085|116,991| |Provision|of| |Support| |Services|A,C|5,523|162|5,911|709|14,106|26,411| |Total|for 2023|9,183|210|118,109|709|15,191|143,402| |Total for 2022|12,627|228|90,106|958|21,783|125,702|

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

Basis of allocation

Reference Method of allocation A Support costs are allocated to charitable projects and to governance activities based on the hours worked on the relevant activity. B Expenditure on raising funds represents the costs incurred by the charity in operating meeting room facilities with reference to floor areas as appropriate Expenditure on charitable activities comprises costs incurred by the charity in the Cc delivery of activities and services for its beneficiares. It includes both costs that can be allocated directly to such activities and costs of an indirect nature necessary to support them.

10 Net incoming/outgoing resources

Net incoming resources for the year include:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2023|2022| |£|£| |Other|non-audit|services|1,530|4,107| |Depreciation|of fixed|assets|13,657|14,601| |Independent|examination|fees|850|850|

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

11 Trustees remuneration and expenses

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

Expenses in the year totalling £150 (2022: £135) covering travel and administration costs were reimbursed to 2 (2022: 1) trustee.

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.

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Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

12 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
2023 2022
£ £
Staffcosts during theyear were:
Wages and salaries 343,453 272,276
Social security costs 19,524 13,209
Pension costs 7,242 6,260
370,219 291,745

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

2023 2022
No No
Carers - 1
Compass everyday 10 8
Other 4 4
14 13

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

During the year the charity made the following transactions with key management personnel:

Chief executive

The Chief executive received remuneration of £27,955 (2022: £25,749) and ENil (2022: £7,341) of expenses were reimbursed during the year.

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 25

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

14 Tangible fixed assets

14 Tangible fixed assets
Furniture
Land and and
buildings equipment Total
£ £ £
Cost
At 1 April 2022 318,959 138,168 457,127
At 31 March 2023 318,959 138,168 457,127
Depreciation
At 1 April 2022 - 126,854 126,854
Charge forthe year 221,501 2,828 224,329
At 31 March 2023 221,501 129,682 351,183
Net book value
At 31 March 2023 97,458 8,486 105,944
At 31 March 2022 318,959 11,314 330,273
15 Fixed asset investments
2023 2022
£ £
Shares in group undertakings and participating interests 1 1
Shares in group undertakings and participating interests
Subsidiary
undertakings Total
£ £
Cost
At 1 April 2022 _—————ee ee
At 31 March 2023 1 —*
Net book value
At 31 March 2023 1 1
At31March2022 1 1

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:

Page 26

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

Undertaking Country of
incorporation		 Holding Proportion ofvoting
Principal
rights and shares held _ activity		 Proportion ofvoting
Principal
rights and shares held _ activity
2023
2022
Subsidiary undertakings
CDSTLimited UK Ordinary 100%
100%		 Tradingarm

Subsidiaries

The loss for the financial period of CDST Limited was £1,562 (2022 - £39,821) and the aggregate amount of capital and reserves at the end of the period was £(39,542) (2022 - £(37,980)).

16 Stock
2023 2022
£ £
Stocks - 260
17 Debtors
2023 2022
£ £
Trade debtors 24,829 68,204
Duefrom group undertakings 91,437 18,963
Prepayments 725 1,632
Accrued income 2,116 4,899
119,107 93,698
18 Cash and cash equivalents
2023 2022
£ £
Cash on hand 167 154
Cash at bank 17,883 4,195
Short-term deposits 873 864
18,923 5,213

Page 27

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

19 Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 2,395 7,343
Other taxation and social security 11,292 3,564
Other creditors - 192
Accruals 5,580 4,200
Deferred income 15,786 10,239
35,053 25,538
2023 2022
£ £
Deferred income at 1 April 2022 (10,239) -
Resources deferred in the period (15,786) (10,239)
Amounts released from previous periods 10,239 -
Deferred income at year end (15,786) (10,239)
20 Funds
Balance at
Balance at 1 Incoming Resources 31 March
April 2022 resources expended 2023
£ £ £ £
Unrestricted funds
General
Unrestricted funds 84,948 415,048 (404,795) 95,201
Restricted funds
Wellbeing Centre 112,050 1,994 (12,823) 101,221
Compass Everyday - 3,893 (3,893) -
Norman Charitable Trust = 2,500 - 2,500
Medlock Charitable Trust - 5,000 - 5,000
Fairfield Charitable Trust - 5,000 - 5,000
112,050 18,387 (16,716) 113,721
Totalfunds 196,998 433,435 (421,511) 208,922

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Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Balance|at|Balance|at| |1|April|Incoming|Resources|31|March| |2021|resources|expended|Transfers|2022| |£|£|£|£|£| |Unrestricted|funds| |General| |Unrestricted|funds|6,258|407,083|(339,977)|11,584|84,948| |Restricted|funds| |DPO|National| |Emergencies|fund|4,668|=|(5,084)|416|-| |The|Will|Charitable|Trust|-| |Compass|Everyday|-|5,000|(5,000)|-|-| |Sainsburys|Hankridge| |Farm|-|2,406|(2,406)|-|-| |Wellbeing|Centre|119,722|12,759|(20,431)|-|112,050| |Skills|For|Care|-|10,125|(10,125)|-|7| |Bruce|Wake|Charitable| |Trust|.|2,000|(2,000)|=|=| |Taunton|Round|Table|12,000|-|-|(12,000)|-| |Foxglove|Trust|-|3,000|(3,000)|:|=| |Awards|For|All|-|10,000|(10,000)|-|3| |Warburtons|.|400|(400)|-|-| |136,390|45,690|(58,446)|(11,584)|112,050| |Total funds|142,648|452,773|(398,423)|=|= ~—_196,998|

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

Page 29

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

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 year in the form of grants fromSomerset West and Taunton Council and West Somerset Council.

The Skills For Care Fund relates to funding received for running training sessions for staff members.

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 Wellbeing Centre.

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

The Will Charitable Trust relate to funds received for Compass Everyday.

Sainsburys Hankridge Farm relates to funding recived for the Wellbeing Centre.

Foxglove Trust relates to funds received for Compass Everyday.

The Bruce Wake Charitable Trust relates to funds received for Compass Everyday.

The Warbutons fund relates to funding recived for the Wellbeing Centre.

21 Analysis of net assets between funds

Unrestricted
funds		 Restricted Totalfunds
at 31 March		 Totalfunds
at 31 March
General
£		 funds
£		 2023
£
Tangible fixed assets 8,486 97,458 105,944
Fixed asset investments 1 % 1
Current assets 121,767 16,263 138,030
Current liabilities (35,053) - (35,053)
Total net assets 95,201 113,721 208,922
Unrestricted
funds		 Restricted Totalfunds
at 31 March
General funds 2022
£ £ £
Tangible fixed assets 11,314 108,287 419,601
Fixed asset investments 1 - 1
Current assets 99,171 3,763 102,934
Current liabilities (25,538) - (25,538)
Totalnetassets 84,948 112,050 196,998

Page 30

Compass Disability Services

Notes to the Financial Statements for the Year Ended 31 March 2023

22 Related party transactions

During the year the charity made the following related party transactions:

CDST Limited

(Subsidiary of Compass Disability Services)

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 the approved rate. Further loans were also made in the year totalling £79,300 and repayments of £20,500 were made in the year. The balance at the year end was £91,457 (2022: £25,967).

During the year the Charity also provided grants totalling £6,361 (2022: £53,938) to CDST to 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.

Page 31