Charity number: 1101208
STORYBOOK DADS
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
STORYBOOK DADS
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 5 |
| Trustees' responsibilities statement | 6 |
| Independent examiner's report | 7 - 8 |
| Statement of financial activities | 9 |
| Balance sheet | 10 |
| Notes to the financial statements | 11 - 25 |
STORYBOOK DADS
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021
| Trustees | A Hearl |
|---|---|
| T Bailey | |
| H Frank | |
| B Smith (resigned 21 January 2022) | |
| S Henley | |
| G Haycock (appointed 21 January 2022) | |
| Charity registered number 1101208 Principal office HMP Channings Wood Denbury Newton Abbot Devon TQ12 6DW Senior Management Team S Berry, Chief Executive K Wroath, Projects Manager T Berry, Accounts and Admin Manager Independent Examiner Griffin Chartered Accountants 165 High Street Honiton EX14 1LQ |
Page 1
STORYBOOK DADS
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their annual report together with the financial statements of the Charity for the year 1 January 2021 to 31 December 2021.
Objectives and activities
a. Policies and objectives
The objects of the charity are to improve education, wellbeing and family ties for prisoners and their children through the provision of opportunities for prisoners to record bedtime stories and other gifts for their children.
The Trustees are satisfied that the charity’s objectives meet the public benefit purpose of education. The Trustees confirm that they have taken into account the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
a. Review of activities
The 2021 financial year was another challenging year for the charity due to Covid-19. The prison service worked incredibly hard and very effectively on preventing large outbreaks of Covid-19 within the prisons, but the necessary restrictions resulted in difficulties in running Storybook Dads projects. In many establishments, prisoners were locked up for much longer periods compared to pre-Covid conditions.
Although many prisons started recording again throughout 2021, new Covid-19 variants often set things back. Gradually more prisons were able to implement the necessary precautions and the number of participating prisons gradually crept up, although the rules regarding movement and access to prisoners were not uniform throughout the prison estate. By the end of the year, sixty prisons had resumed recordings, which is about 63% of our regular amount. We cannot predict how the Covid pandemic will affect our work in 2022, but we will remain resilient, dynamic, resourceful and responsive to changing needs.
Our staff implemented the necessary precautions for social distancing at each of the Devon prisons, so we were able to run recording services and offer projects at Channings Wood, Dartmoor and Exeter. Our editing workshop at Channings Wood began operating again in July 2021, with a reduced team of 6 prisoner-editors rather than 12.
We continued to offer part-time employment to three ex-prisoners as home-editors.
We expanded our DVD project by using some of the funds raised by the girls from Wimbledon High, to buy video equipment for prisons so that children could see their parents reading them a story.
We bought video equipment for the following women's prisons: HMP Askham Grange, HMP Bronzefield, HMP Down View, HMP Drake Hall, HMP East Sutton Park, HMP New Hall and HMP Styal, so that they could start offering DVD Mums.
We also bought equipment for two men’s prisons: HMP Chelmsford and HMP Hollesley Bay.
HMP Stafford, who had previously run the audio project, bought their own video equipment, so they could offer DVD Dads.
Page 2
STORYBOOK DADS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
Achievements and performance (continued)
We also welcomed new members: HMP Highpoint and HMP Bedford - both offering DVDs, and HMP Bullingdon and Wathwood Hospital (a medium secure unit) - both offering audio.
Throughout the lockdowns, we were able to run Families on Film and Swaps; new projects we introduced in 2020 as they didn’t require face to face interaction with prisoners. Later in the year, we introduced a photo frames workshop in three Devon prisons. These projects were a lifeline for many prisoners and their families whilst contact was so limited.
Families on Film: We invited families to send us a short film of the children. The results were heart-warming: children playing, singing, first steps, birthdays and so much more. After a little production on the films, we delivered the discs to the prisoners under their cell door. For many prisoners, this was the only opportunity to see their children.
Swaps: We gave prisoners activity packs to complete in their cells and sent out identical activity packs to their children. Once they had both completed them, we ‘swapped’ them over. This was a creative and fun way for them to find out about each other’s likes, dislikes, hobbies and activities. It also gave prisoners something meaningful to do during the long hours they were locked up.
Photo Frames: This simple, creative project proved very popular with prisoners as they were able to make a lovely gift for their children. We provided a simple frame and a variety of stickers and acrylic pens for them to decorate it. We took a photo of the Dad or they could choose a photo they already had of themselves or their family. The finished frames were sent to the family.
Despite Covid-19 lockdowns, we produced 2,603 CD/DVDs, 148 Families on Film videos, 460 Swaps packs, 64 Challenge Charts and 148 photo frames giving a total of 3,423 gifts (2020: 1,713).
Storybook Dads App
Senior staff continued to work with a developer to produce a Storybook Dads App. This will eventually replace discs which are becoming obsolete.
Families will be able to download the App from the Apple or Google Play store, register and receive stories that have been recorded by their loved ones in prison. The stories can be streamed on a mobile phone or tablet, cast to a TV or played via Bluetooth in the car.
Family members can also use the App to record, upload and send their Families on Film files to us (provided their loved one is in a prison that has approved the project). These messages will still need to be put onto discs, as this is the only way for prisoners to view them.
We expect the App to be launched in our Devon prisons by June 2022 and slowly rolled out across our member prisons.
Funding
Over £6,859 was donated from various fundraising events undertaken by some very creative and dedicated supporters. We were chosen to receive the proceeds of three books: Pen and Corrections, (a haiku project with serving prisoners), A Different Story and After the Adults Change.
Thankfully, Covid-19 didn’t significantly impact our funding in 2021. In addition to grants from our main funder (Big Lottery) we received £86,500 of grants and donations from other trusts. Along with prison membership fees and public donations, we have sufficient funding for 2022 and part of 2023.
Page 3
STORYBOOK DADS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
Achievements and performance (continued)
A fond farewell
Brian Smith retired as a Trustee at the end of 2021. He first joined us as a volunteer, became a Trustee in 2009 and since then he has served on the board as Treasurer and Chair. In addition to his Trustee role, he has delivered countless presentations in the community, raising awareness and much needed funds for our work. His dedication and wisdom have been invaluable to us over the years and he will be missed from the board. Our sincere thanks to Brian.
Financial review
a. Going concern
The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. Storybook Dads has never received a significant part of its income from public donations, so the financial crisis caused by Covid-19 has not had a negative effect on our finances thankfully. We will commence fundraising for 2023 and beyond, in 2022.
Our bank balance at 31st December 2021 was £186,863 Expected income for 2022 is £98,670 Expenditure forecast 2022 is £215,314
b. Reserves policy
The Trustees aim to maintain free reserves at a level which equates to approximately 6 months of unrestricted expenditure. At 31 December 2021 the charity had free reserves of £222,853 which achieves the reserves policy. Excess reserves will be invested in line with the Trustees Report.
c. Financial review
The charity achieved a net surplus for the year of £34,226.
The balance held on unrestricted funds at 31 December 2021 was £222,853.
The balance held in restricted funds at the year-end was £18,120.
Page 4
STORYBOOK DADS
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
Structure, governance and management
a. Constitution
Storybook Dads is a registered charity, number 1101208. The charity’s governing instrument is its Constitution adopted on 26 August 1993, as amended on 4 November 2003, 26 August 2008 and 19 January 2009.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Approved by order of the members of the board of Trustees on 30 May 2022 and signed on their behalf by:
A Hearl Trustee
Page 5
STORYBOOK DADS
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees 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).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity 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:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 30 May 2022 and signed on its behalf by:
A Hearl Trustee
Page 6
STORYBOOK DADS
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
Independent examiner's report to the Trustees of Storybook Dads ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the Charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 7
STORYBOOK DADS
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 30 May 2022 Misty Nickells FCA
Griffin Chartered Accountants 165 High Street Honiton EX14 1LQ
Page 8
STORYBOOK DADS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Note Income from: Donations and legacies 3 Charitable activities 4 Investments 5 Total income Expenditure on: Raising funds 6 Charitable activities 7 Total expenditure Net income before net (losses)/gains on investments Net (losses)/gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2021 £ - 110,030 - 110,030 - 106,851 106,851 3,179 - 3,179 14,941 3,179 18,120 |
Unrestricted funds 2021 £ 68,311 38,343 2,714 109,368 10,529 61,126 71,655 37,713 (6,666) 31,047 191,806 31,047 222,853 |
Total funds 2021 £ 68,311 148,373 2,714 219,398 10,529 167,977 178,506 40,892 (6,666) 34,226 206,747 34,226 240,973 |
Total funds 2020 £ 31,225 171,469 3,162 |
|---|---|---|---|---|
| 205,856 | ||||
| 3,740 178,891 |
||||
| 182,631 | ||||
| 23,225 3,297 |
||||
| 26,522 | ||||
| 180,225 26,522 |
||||
| 206,747 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 11 to 25 form part of these financial statements.
Page 9
STORYBOOK DADS
BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021
| Note Fixed assets Tangible assets 11 Investments 12 Current assets Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 15 Unrestricted funds 15 Total funds |
3,775 186,863 190,638 (48,060) |
2021 £ 3,798 94,597 98,395 142,578 240,973 240,973 240,973 18,120 222,853 240,973 |
2,964 128,616 131,580 (30,187) |
2020 £ 4,091 101,263 |
|---|---|---|---|---|
| 105,354 101,393 |
||||
| 206,747 | ||||
| 206,747 | ||||
| 206,747 | ||||
| 14,941 191,806 |
||||
| 206,747 |
The financial statements were approved and authorised for issue by the Trustees on 30 May 2022 and signed on their behalf by:
A Hearl
Trustee
The notes on pages 11 to 25 form part of these financial statements.
Page 10
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. General information
Storybook Dads is an unincorporated charity registered in England and Wales, registration number 1101208. The registered office is HMP Channings Wood, Denbury, Newton Abbot, Devon TQ12 6DW.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Storybook Dads 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.
2.2 Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
2.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Page 11
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
2. Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Office equipment - 25% straight line Computer equipment - 25% straight line
2.6 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
2.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 12
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
2. Accounting policies (continued)
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.10 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.11 Pensions
The Charity operates a defined benefits pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 13
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
3. Income from donations and legacies
| Donations from individuals Donations from community groups Gift aid reclaimed Donations from individuals Donations from community groups Gift aid reclaimed |
Unrestricted funds 2021 £ 40,759 22,693 4,859 68,311 Unrestricted funds 2020 £ 22,817 4,312 4,096 31,225 |
Total funds 2021 £ 40,759 22,693 4,859 |
|---|---|---|
| 68,311 | ||
| Total funds 2020 £ 22,817 4,312 4,096 |
||
| 31,225 |
4. Income from charitable activities
| Grants Membership fees Book sales Other sales Speaker fees |
Restricted funds 2021 £ 110,030 - - - - 110,030 |
Unrestricted funds 2021 £ 22,300 15,950 19 24 50 38,343 |
Total funds 2021 £ 132,330 15,950 19 24 50 |
|---|---|---|---|
| 148,373 |
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STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
4. Income from charitable activities (continued)
| Grants Membership fees Book sales Other sales |
Restricted funds 2020 £ 108,990 - - - 108,990 |
Unrestricted funds 2020 £ 44,100 18,202 39 138 62,479 |
Total funds 2020 £ 153,090 18,202 39 138 |
|---|---|---|---|
| 171,469 |
5. Investment income
| Dividend income Dividend income |
Unrestricted funds 2021 £ 2,714 Unrestricted funds 2020 £ 3,162 |
Total funds 2021 £ 2,714 |
|---|---|---|
| Total funds 2020 £ 3,162 |
Page 15
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
6. Expenditure on raising funds
Fundraising trading expenses
| Fundraising expenses Marketing and promotion costs Fundraising staff costs |
Unrestricted funds 2021 £ 392 907 9,230 10,529 |
Total funds 2021 £ 392 907 9,230 |
|---|---|---|
| 10,529 |
Fundraising trading expenses (continued)
| Fundraising expenses Marketing and promotion costs Fundraising staff costs |
Unrestricted funds 2020 £ 165 264 3,311 3,740 |
Total funds 2020 £ 165 264 3,311 |
|---|---|---|
| 3,740 |
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STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
7. Analysis of expenditure by activities
| Storybook production Storybook production Analysis of direct costs Staff costs Depreciation Project delivery Staff costs Depreciation Project delivery |
Activities undertaken directly 2021 £ 158,387 Activities undertaken directly 2020 £ 174,480 |
Support costs 2021 £ 9,590 Support costs 2020 £ 4,411 2021 £ 123,380 2,321 32,686 158,387 2020 £ 143,850 2,770 27,860 174,480 |
Total funds 2021 £ 167,977 |
|---|---|---|---|
| Total funds 2020 £ 178,891 |
|||
| Total funds 2021 £ 123,380 2,321 32,686 |
|||
| 158,387 | |||
| Total funds 2020 £ 143,850 2,770 27,860 |
|||
| 174,480 |
Page 17
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
7. Analysis of expenditure by activities (continued)
Analysis of support costs
| Accountancy & bookkeeping Bank charges Payroll expenses Postage and delivery Insurance Travel Telephone and internet Membership & subscriptions Office expenses Other costs Governance costs |
2021 £ 391 126 504 807 681 97 737 464 1,480 2,323 1,980 9,590 |
Total funds 2021 £ 391 126 504 807 681 97 737 464 1,480 2,323 1,980 |
|---|---|---|
| 9,590 |
| Accountancy & bookkeeping Bank charges Payroll expenses Postage and delivery Insurance Membership & subscription Volunteer expenses Refreshments Governance costs |
2020 £ 390 122 470 103 711 330 270 15 2,000 4,411 |
Total funds 2020 £ 390 122 470 103 711 330 270 15 2,000 |
|---|---|---|
| 4,411 |
Page 18
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
8. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £1,980 ( 2020 - £2,000 ).
9. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2021 £ 125,248 3,775 3,587 132,610 |
2020 £ 131,604 8,533 7,024 |
|---|---|---|
| 147,161 |
The average number of persons employed by the Charity during the year was as follows:
| 2021 | 2020 | |
|---|---|---|
| No. | No. | |
| Average number of employees | 9 | 10 |
No employee received remuneration amounting to more than £60,000 in either year.
The total employee benefits of the key managment personnel of the charity were £72,270 (2020: £47,715)
10. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .
During the year ended 31 December 2021, no Trustee expenses have been incurred (2020 - £270) .
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STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
11. Tangible fixed assets
| Cost or valuation At 1 January 2021 Additions At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 |
Office equipment £ 2,936 2,028 4,964 1,908 892 2,800 2,164 1,028 |
Computer equipment £ 60,791 - 60,791 57,728 1,429 59,157 1,634 3,063 |
Total £ 63,727 2,028 |
|---|---|---|---|
| 65,755 | |||
| 59,636 2,321 |
|||
| 61,957 | |||
| 3,798 | |||
| 4,091 |
12. Fixed asset investments
| Cost or valuation At 1 January 2021 Revaluations At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 |
Listed investments £ 101,263 (6,666) |
|---|---|
| 94,597 | |
| 94,597 | |
| 101,263 |
Page 20
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
13. Debtors
| Due within one year Trade debtors Prepayments and accrued income |
2021 £ 200 3,575 3,775 |
2020 £ 750 2,214 |
|---|---|---|
| 2,964 |
14. Creditors: Amounts falling due within one year
| Other taxation and social security Other creditors Accruals and deferred income |
2021 £ 2,799 781 44,480 48,060 |
2020 £ 1,717 - 28,470 |
|---|---|---|
| 30,187 |
At the balance sheet date the Charity was holding funds received in advance of £30,000 from Garfield Weston, £7,500 from Raise Your Hands and £5,000 from the Tuxien Foundation.
Page 21
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
15. Statement of funds
Statement of funds - current year
| Unrestricted funds General funds Restricted funds Big Lottery Funding The Brothers Trust Allen Lane Foundation Woodhaven Trust Total of funds |
Balance at 1 January 2021 £ 191,806 6,941 8,000 - - 14,941 206,747 |
Income £ 109,368 104,830 - 5,000 200 110,030 219,398 |
Expenditure £ (71,655) (93,651) (8,000) (5,000) (200) (106,851) (178,506) |
Gains/ (Losses) £ (6,666) - - - - - (6,666) |
Balance at 31 December 2021 £ 222,853 |
|---|---|---|---|---|---|
| 18,120 - - - |
|||||
| 18,120 | |||||
| 240,973 |
Restricted Funds
Big Lottery Funding
£104,830 was received during the year towards salary costs of £82,204, general costs of £11,221 and prisoner bonuses of £126. A fund balance of £6,941 was brought forward from 2020 and at the end of the year a balance of £18,120 was unspent, this will be carried forward to 2021 to be used against future expenditure.
The Brothers Trust
A fund balance of £8,000 was brought forward from 2020 which was all spent on project delivery costs relating to home editors/resettlement.
Allen Lane Foundation
£5,000 was received in year and was all spent on project delivery costs.
Woodhaven Trust
£200 was received in year to cover the cost of membership for one prison.
Page 22
STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
15. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General funds Restricted funds Big Lottery Funding The Brothers Trust Total of funds |
Balance at 1 January 2020 £ 178,463 Balance at 1 January 2020 £ 1,762 - 1,762 180,225 |
Income £ 96,866 Income £ 78,990 30,000 108,990 205,856 |
Expenditure £ (86,820) Expenditure £ (73,811) (22,000) (95,811) (182,631) |
Gains/ (Losses) £ 3,297 Gains/ (Losses) £ - - - 3,297 |
Balance at 31 December 2020 £ 191,806 |
|---|---|---|---|---|---|
| Balance at 31 December 2020 £ 6,941 8,000 |
|||||
| 14,941 | |||||
| 206,747 |
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STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
16. Summary of funds
Summary of funds - current year
| General funds Restricted funds |
Balance at 1 January 2021 £ 191,806 14,941 206,747 Balance at 1 January 2020 £ 178,463 1,762 180,225 |
Income £ 109,368 110,030 219,398 Income £ 96,866 108,990 205,856 |
Expenditure £ (71,655) (106,851) (178,506) Expenditure £ (86,820) (95,811) (182,631) |
Gains/ (Losses) £ (6,666) - (6,666) Gains/ (Losses) £ 3,297 - 3,297 |
Balance at 31 December 2021 £ 222,853 18,120 |
|---|---|---|---|---|---|
| 240,973 | |||||
| Balance at 31 December 2020 £ 191,806 14,941 |
|||||
| Summary of funds - prior year | |||||
| General funds Restricted funds |
|||||
| 206,747 |
17. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total |
Restricted funds 2021 £ - - 18,120 - 18,120 |
Unrestricted funds 2021 £ 3,798 94,597 172,518 (48,060) 222,853 |
Total funds 2021 £ 3,798 94,597 190,638 (48,060) |
|---|---|---|---|
| 240,973 |
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STORYBOOK DADS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
17. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total |
Restricted funds 2020 £ - - 14,941 - 14,941 |
Unrestricted funds 2020 £ 4,091 101,263 116,639 (30,187) 191,806 |
Total funds 2020 £ 4,091 101,263 131,580 (30,187) 206,747 |
|---|---|---|---|
18. Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the Company in an independent administered fund. The pension cost charge represents contributions payable by the Company to the fund and mounted to £3,587 (2020: £7,024). Contributions totalling £781 (£Nil) were payable to the fund at the balance sheet date and are included in creditors.
19. Related party transactions
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity as at 31 December 2021.
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