2021-09-30-accounts - Options Wellbeing Trust

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CONTENTS
	Pages
Report ofthe Management Committee	1-4
Independent Auditor's Report	5-6
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Cash Flow Statement	10
Notes to the Financial Statements	11 —17

			Restricted	Restricted	Unrestricted	Total	Total
			Note	Funds	Funds	Funds	Funds
				18mths	18mths	18mths	12mths
				2021	2021	2021	2020
				K
INCOME
Donations	and grants		2		58,728	58,728
Charitable	activities		3	253,517	90,251	343,768	284,144
Investments			4	-	29	29	318
TOTAL				253,517	149,008	402,525	284,462
EXPENDITURE
Charitable	activities		5	(253,517)	(176,971)	(430,488)	(248,870)
TOTAL				(253,517)	(176,971)	(430,488)	(248,870)
NET (EXPENDITURE)/INCOME					(27,963)	(27,963)	35,592
OTHER RECOGNISED GAINS
Defined benefit pension scheme							45,571
Gain on revaluation		offixed asset			65,000	65,000
NET MOVEMENT		IN FUNDS FOR THE PERIOD			37,037	37,037	81,163
RECONCILIATION		OF FUNDS
Total funds	brought	forward			1,368,599	1,368,599	1,287,436
Total funds	carried	forward			1,405,636	1,405,636	1,368,599

BALANCE SHEET	BALANCE SHEET	BALANCE SHEET
AS AT 30SEPTEMBER2021
		September	March
		2021	2020
		E	E
FIXEDASSETS
Tangible fixed assets		739,974	648,172
Investment Properties		190,000	190,000
TOTAL FIXEDASSETS		929,974	838,172
CURRENT ASSETS
Debtors	10	253,212	239,796
Cash at bank and in hand		312,280	328,931
TOTAL CURRENT ASSETS		565,492	568,727
LIABILITIES
Creditors: Amounts falling due
within one year		(89,830)	(38,300)
NET CURRENT ASSETS		475,662	530,427
TOTAL ASSETSLESSCURRENT LIABILITIES		1,405,636	1,368,599
NETASSETS		1,405,636	1,368,599
THE FUNDS OF THE CHARITABLE COMPANY
Unrestricted Funds		1,405,636	1,368,599
Restricted Funds
TOTAL CHARITABLE COMPANY FUNDS	13	1,405,636	1,368,599

FOR	THE 1	8MONTH PERIOD ENDE	D 30 SEPTE	MBER2021
				18mths	12mths
			Note	2021	2020
				E	E
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided/(used) by	operating activities			17,295	(201,442)
CASH FLOWS FROM INVESTING		ACTIVITIES
Interest received				29	318
Acquiring new assets				(33,975)	(24,840)
NET CASH USED IN INVESTING		ACTIVITIES		(33,946)	(24,522)
CASH FLOWS FROM FINANCING		ACTIVITIES
New funds from borrowing				50,000
Repayment of borrowing				(50,000)
NET CASH USED IN FINANCING		ACTIVITIES
Change in cash and cash	equivalents in the period			(16,651)	(225,964)
Cash and cash equivalents	at the beginning ofthe period			328,931	554,895
Cash and cash equivalents	at the end ofthe period		2	312,280	328,931

RECONCILIATION OF NET INCOME TO	NET CASH FLOW
FROM OPERATING ACTIVITIES
		18mths	12mths
		2021	2020
			8
Net income for the period		37,037	81,163
(as per the Statement ofFinancial Activities)
Adjustments for: Interest Received Gain on Pension Scheme		(29)	(318) (45,571)
Revaluation		(65,000)
Depreciation charges		7,173	3,752
Increase in debtors		(13,416)	(227,803)
Increase/(Decrease)	in creditors	51,530	(12,665)
Net cash provided/(used) by operating	activities	17,295	(201,442)
ANALYSIS OF CASH AND CASH EQUIVALENTS
		18mths	12mths
		2021	2020
		8	8
Cash at bank and in hand		312,280	328,931
Total cash and cash equivalents		312,280	328,931

DONATIONS	AND GRANTS
				18mths	12mths
				2021	2020
				8	8
CJRS receipts				5,938
LA Covid 19grants				35,000
Nominal Bounce Back Loan Interest				1,025
Donations				16,765
Total				58,728
INCOME FROM CHARITABLE ACTIVITIES
		Restricted	Unrestricted	Total	Total
		Funds	Funds	Funds	Funds
		18mths	18mths	18mths	12mths
		2021	2021	2021	2020
					F
Information	and Counselling
Gamcare Trust		253,517	-	253,517	206,080
Private counselling			37,166	37,166	38,094
Property rental			53,085	53,085	36,412
Other income					3,558
Total		253,517	90,251	343,768	284,144

		Restricted	Unrestricted	Total	Total
		Funds	Funds	Funds	Funds
		18mths	18mths	18mths	12mths
		2021	2021	2021	2020
		F	8	E	F
Bank interest			29	29	318
In 2020 the income from investments		ofF318was unrestricted.
ANALYSIS OF EXPENDITURE ON		CHARITABLE ACTIVITIES
			Information	18mths	12mths
		Restricted	and	2021	2020
		Funds	Counselling	Total	Total
		E		E
Direct staff costs		190,230	139,492	329,722	157,912
Supportcosts		61,462	36,604	98,066	88,798
Governance	costs	1,825	875	2,700	2,160
Total		253,517	176,971	430,488	248,870

Forthe 18month period	Forthe 18month period	Forthe 18month period	ended	ended	30September 2021	30September 2021	30September 2021
ANALYSIS	OF SUPPORT AND				GOVERNANCE COSTS
The charitable company			identifies		the	costs of its support functions.			It then identifies		those costs that relate to the
governance	function.	Having		identified		its governance	costs,	the remaining		support	costs together	with the
governance	costs are	apportioned			between the key charitable			activities undertaken			(see note 5) in	the period.
Refer to the	table below		for the basis for apportionment				and the analysis ofsupport				and governance	costs.
										18mths	12Mths
										2021	2020
						General				Total	Total	Basis of
						Support	Governance			Funds	Funds	Apportionment
						8		8		8	E
Premises										41,817	34,736	Usage
Staff welfare										6,692	22,558	Usage
Travel and subsistence										1,832	887	Usage
Office costs										16,387	10,919	Usage
Advertising	and promotions									9,253	6,158	Usage
Website development										4,276	777	Usage
Legal and professional Independent examiners			fees fees					2,700		6,455 2,700	6,808 2,160	Usage Governance
Bank charges and interest Depreciation Bad Debt										2,750 7,173 934	920 3,752 615	Transactions Usage Specific
Subscriptions										497	668	Usage
Total						98,066		2,700	100,766		90,958

NET (EXPEN This is stated	DITURE)/INCOME FOR THE PERIOD after charging:
		18mths	12mths
		2021	2020
		E	8
Depreciation		7,173	3,752
Independent	auditors fees	2,040	1,500
Independent	auditors other fees	660	660

Staff cost
	18mths	12mths
	2021	2020
	E
Salaries, wages and consultancy Social Security costs Employee pension costs	258,891 11,556 41,534	132,683 6,304 10,160
Total	311,981	149,147

The aver	age number ofemployees during the peri	od was as follows:
		18	mths	12	mths
			2021		2020
Service	provision		13		15

		Investment
		Property f	Total f
Cost and	Net BookValue
At 1 April	2020 and September 2021	190,000	190,000
DEBTORS
		September	March
		2021 f	2020 f
Trade debtors		5,495	4,460
Prepayments		3,267	7,055
Deferred	Income	2,522	1,240
Amounts owed by related societies -Social Care in Action		241,928	227,041
Total		253,212	239,796

CREDITORS: Amou	nts falling	due within on	e year
						September	March
						2021 f	2020 f
Trade creditors						1,576	26,209
Accruals						59,348	8,733
PAYE						883	1,847
Pension contributions						27,962	1,511
Amounts owed to related societies:
-The Steven James	Practice					61
Total						89,830	38,300
FINANCIAL INSTRUMENTS
Financial instruments	measured	at amortised	cost comprise the following:		September		March
						2021 f	2020 f
Financial assets that are debt instruments						247,423	231,501
Financial liabilities that are debt		instruments				88,947	36,453
ANALYSIS OF CHARITABLE FUNDS
			At	Incoming		Outgoing	At
			01.04.20 f	Resources		Resources	30.09.21 f
Unrestricted Funds
General Fund			1,075,103	149,008		(177,363)	1,046,748
Revaluation Reserve			293,888	65,000		-	358,888
Pension Liability			(392)		-	392
Total Unrestricted	Funds		1,368,599	214,008		(176,971)	1,405,636
Restricted Funds
Gam Care				253,517		(253,517)
Total Funds			1,368,599	467,525		(430,488)	1,405,636