2021-03-31-accounts - Dressability

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REGISTERED COMPANY NUMBER: 04777289 (England and Wales) REGISTERED CHARITY NUMBER: 1102083

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2021

for Dressability

Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA

Dressability

Contents of the Financial Statements for the Year Ended 31 March 2021

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||||||||| |---|---|---|---|---|---|---|---| |Page| |Report|of the|Trustees|1|to|3| |Independent|Examiner's|Report|4| |Statement|of Financial|Activities|5| |Balance|Sheet|6| |Notes|to|the|Financial|Statements|7|to|13| |Detailed|Statement|of Financial|Activities|14|to|15|

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Dressability

Report of the Trustees for the Year Ended 31 March 2021

The Trustees who are also directors of the Charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 | January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principle activity of the charitable company continues to be the delivery of a specialist clothing adaptation service for people with physical or learning disabilities and/or mobility impairments, on the basis of promoting independence and wellbeing.

Through recognising that reliance on others in terms of managing clothing can restrict access to choice and opportunity, Dressability aims to enable our clients to see beyond their disabilities, through providing access to clothing discretely adapted to minimise physical difference and accommodate functional or sensory needs.

Public benefit

The Trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the Charity should undertake. The Trustees consider that they have acted in the public benefit and have discharged their responsibilities accordingly.

Volunteers

During the last year our volunteers have been unable to come to our offices although the majority of them have continued to support us by working from home.

Over the summer we were approached by our local Rotary group who advised that the Breast Cancer Unit had a real need for fabric drain bags for women post-surgery. Our volunteers designed and made two batches of fifty bags in fabrics and designs that any lady would be proud to wear.

This year as before our volunteers have engaged with de-branding of garments given to us when local companies cease trading or change their logos. By removing the identifying branding new clothing can be offered to organisations supporting our homeless people.

In collaboration with our local women's refuge our volunteers cut and sewed around one hundred Christmas sacks Which were donated free of charge to local families in need.

Dressability Report of the Trustees for the Year Ended 31 March 2021

ACHIEVEMENT AND PERFORMANCE

Charitable activities In the last financial year, 259 garments were adapted on behalf of 92 clients who were able to access our socially-distanced outside drop off and collection service. We were also able to continue with our postal service which is offered to clients who live further away - whilst advice by telephone or email has still been available to assist people with disabilities and/or dressmakers to pinpoint effective adaptations, discuss methods and source appropriate haberdashery items.

Determined that our plans to extend our reach should not be derailed by the Covid crisis we have had to find new ways of reaching our clients. Aware that the three dimensional character of clothing adaptations can be difficult to capture in a photograph, our dressmakers have been hard at work producing the "Dressability Collection" - a bespoke selection of samples in smart, navy kit bags which can be used by organisations offering support to people with disabilities and/or long term health conditions, to explain and showcase the benefits produced by our specialist work. Each kit contains several examples of easy-fastening ideas and gives people opportunity to try out potential solutions and decide what might work best for their particular circumstances. During the last financial year we have been able to alter and adapt 57 sample garments and have delivered 7 kit bags to local healthcare organisations.

During the first period of lockdown our dressmakers used their talent with needle and thread to help to address the shortage of Personal Protection Equipment. We resisted the opportunity to furlough our staff and focused on producing over 4,500 items of PPE which was be distributed to relevant organisations (hospital, hospice, G.P surgeries, health centres, Women's Refuge, Night Shelter, care homes and many more),

We continue to support our core clients who pay a small, heavily subsidised fee (usually between £5.00 and £15.00), our pricing structure remains deliberately flexible to allow the complexity of the work involved/situation of our service users to be reflected in the cost of an adaptation,

We proactively maintain excellent links with other charities and support groups to ensure key communities are aware of our work and during the last year we have connected with three different charities to provide new projects in our local community.

Fundraising activities

Whilst our client fees and the receipt of donations from people and companies with a connection to our service form a key proportion of our income (approximately 10% in the last financial year), we continue to rely primarily on the support of grant making organisations and receive no statutory funding.

As one of only two charities in the UK offering a clothing adaptation service, and based on demand/feedback from service-users indicating the real difference made by our work, our new 5 year business plan sets out our strategy to extend our reach, We intend to achieve this through offering delivery of our service on a clinical basis, allowing people Opportunity to access clothing advice and/or a garment drop-off/collection facility whilst using other day care services/support groups. We are delighted to have received confirmation of multi-year National Lottery funding to facilitate this service.

FINANCIAL REVIEW

Principal funding sources

The charity receives funds by way of grantmaking trusts and donations. During the year under review major grant funders of more than £5,000 accounted for around 53% of our income.

Reserves policy

The Trustees continually monitor the level of unrestricted funds held in reserve and intend to maintain reserves at a level which is equivalent to one year's running costs in order to provide financial stability and opportunity to develop Dressability's principal activity in accordance with our Business Plan.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Company is governed by its Memorandum and Articles of Association.

~ Dressability Report of the Trustees for the Year Ended 31 March 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Representing the business sector, local community and service-users, the Trustees bring a broad range of skills and outlook to the Charity. New Trustees are recruited on the basis of experience, competence and specialist skills.

Induction and training of new trustees

Training is offered to new trustees from Voluntary Action Swindon, a local charity. Trustees are also made aware of other training opportunities through trustee network and other courses.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

04777289 (England and Wales)

Registered Charity number 1102083

Registered office Bradbury House Westmead Drive Swindon Wiltshire SN5 7ER

Trustees B Fitzgerald T Swinyard N Burns-Howell (Chair) H Bouyamourn (resigned 31.12.20) P McAuliffe (resigned 18.4.20) J Sinclair A Wraight (Vice chair) (appointed 30.6.20) N Probert-Thompson (appointed 17.10.20) S Gray (appointed 17.10.20)

Company Secretary

Independent Examiner Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA

yy ofthe board oftrustees on24 May 2021 and signed on its behalf by:

N Burns-Howell - Trustee

Independent Examiner's Report to the Trustees of Dressability

Independent examiner's report to the trustees of Dressability (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.

Responsibilities and basis of report

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

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

Independent examiner's statement

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

Ii, accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or z 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
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher Vaughan Chris Vaughan

Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA

24 May 2021

Dressability

Statement of Financial Activities for the Year Ended 31 March 2021

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||||||||| |---|---|---|---|---|---|---|---| |31.3.21|31.3.20| |Unrestricted|Restricted|Total|Total| |fund|funds|funds|funds| |Notes|£|£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|92,174|-|92,174|73,302| |Charitable|activities| |Clothing|adaptation|4,288|-|4,288|10,084| |Investment|income|2|812|-|812|527| |Total|97,274|-|97,274|83,913| |EXPENDITURE|ON| |Raising|funds|25,252|.|25,252|22,084| |Charitable|activities| |People|with|disabilities|21,202|267|21,469|23,096| |Children|10,603|-|10,603|11,747| |Older people|20,936|-|20,936|23,144| |Total|77,993|267|78,260|80,071| |NET|INCOME/(EXPENDITURE)|19,281|(267)|19,014|3,842| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|93,321|267|93,588|89,746| |TOTAL FUNDS CARRIED FORWARD|112,602|-|112,602|93,588|

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The notes form part of these financial statements

Dressability

Balance Sheet 31 March 2021

				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	8	3,414	-	3,414	1,898
CURRENT ASSETS
Cash at bank and in hand		110,604	-	110,604	92,906
CREDITORS
Amounts falling due within one year	9	(1,416)	.	(1,416)	(1,216)
NETCURRENTASSETS		109,188	-	109,188	91,690
TOTAL ASSETS LESSCURRENT
LIABILITIES		112,602	-	112,602	93,588
NETASSETS		112,602	-	112,602	93,588
FUNDS	10
Unrestricted funds				112,602	93,321
Restricted funds				:	267
TOTALFUNDS				112,602	93,588

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 24 May 2021 and were signed on its behalf by: GA

N Burns-Howell - Trustee

The notes form part of these financial statements

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

Ls ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Activity Basis of Allocation Management Staff Time Finance Staff Time Other Staff Time

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost Fixtures and fittings - 20% on cost Computer equipment - 25% on cost

Taxation The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Dressability

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

INVESTMENT INCOME

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|||||||||| |---|---|---|---|---|---|---|---|---| |31:3,21|31.3.20| |£|£| |Bank|interest|812|$27| |Ay|SUPPORT COSTS| |Management|Finance|Totals| |£|£|£| |People|with|disabilities|5,177|889|6,066| |Children|2,589|312|2,901| |Older people|5,177|355|5,532| |12,943|1,556|14,499| |Support|costs,|included|in|the|above,|are|as|follows:| |31.3.21|31.3.20| |People| |with|Older|Total|Total| |disabilities|Children|people|activities|activities| |3|£|£|£|£| |Insurance|128|64|128|320|2,295| |Communications|401|201|401|1,003|868| |Postage|and|stationery|314|157|314|785|496| |Office|utilities|and|rent|4,108|2,054|4,108|10,270|9,021| |Professional|fees|226|113|226|565|995| |Training|-|-|-|-|786| |Bank|charges|55|28|55|138|125| |Depreciation|of tangible| |fixed|assets|834|284|300|1,418|1,236| |6,066|2,901|5,532|14,499|15,822| |NET|INCOME/(EXPENDITURE)| |Net|income/(expenditure)|is|stated|after|charging/(crediting):| |31.3.21|31.3.20| |£|£| |Depreciation|- owned|assets|1,418|1,236|

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NET INCOME/(EXPENDITURE)
TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

continued...

Dressability

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

STAFF COSTS

The average monthly number of employees during the year was as follows:

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|||||||| |---|---|---|---|---|---|---| |Dressmakers|31.3.21|31.3.20| |Fundraising|23|23| |Management|and|administration|I|l| |a:|—*| |No|employees|received|emoluments|in|excess|of £60,000.| |cf,|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |fund|funds|funds| |£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations and|legacies|71,822|1,480|73,302| |Charitable|activities| |Clothing|adaptation|10,084|.|10,084| |Investment|income|527|:|527| |Total|82,433|1,480|83,913| |EXPENDITURE|ON| |Raising|funds|22,084|-|22,084| |Charitable|activities| |People|with|disabilities|22,978|118|23,096| |Children|10,977|770|11,747| |Older people|22,116|1,028|23,144| |Total|78,155|1,916|80,071| |NET INCOME/(EXPENDITURE)|4,278|(436)|3,842| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|89,043|703|89,746| |TOTAL FUNDS CARRIED FORWARD|93,321|267|93,588|

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continued...

Dressability

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

8. TANGIBLE FIXED ASSETS

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||||||||| |---|---|---|---|---|---|---|---| |Fixtures| |Plant|and|and|Computer| |machinery|fittings|equipment|Totals| |£|£|£|£| |COST| |At|||April|2020|7,383|3,564|3,005|13,952| |Additions|-|-|2,934|2,934| |At|31|March|2021|7,383|3,564|5,939|16,886| |DEPRECIATION| |At|||April|2020|7,383|2,064|2,607|12,054| |Charge|for year|"|:|375|1,043|1,418| |At|31|March 2021|7,383|2,439|3,650|13,472| |NET|BOOK|VALUE| |At|31|March 2021|-|1,125|2,289|3,414| |At 31|March|2020|-|1,500|398|1,898| |9,|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |31.3.21|31.3.20| |£|£| |Trade|creditors|1,259|1,216| |Social|security|and|other|taxes|157|-| |1.416|1,216| |10.|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1.4.20|in|funds|31.3.21| |£|£|£| |Unrestricted|funds| |General|fund|93,321|19,281|112,602| |Restricted|funds| |Laptops|267|(267)|-| |TOTAL FUNDS|93,588|19,014|1|12,602|

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continued...

Dressability

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

10. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|97,274|(77,993)|19,281| |Restricted|funds| |Laptops|-|(267)|(267)| |TOTAL FUNDS|97,274|(78,260)|19,014| |Comparatives|for movement|in|funds| |Net| |movement|At| |At|1.4.19|in|funds|31.3.20| |£|£|£| |Unrestricted|funds| |General|fund|89,043|4,278|93,321| |Restricted|funds| |Laptops|703|(436)|267| |TOTAL FUNDS|89.746|3,842|93,588| |Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|82,433|(78,155)|4,278| |Restricted|funds| |Laptops|-|(436)|(436)| |Location|630|(630)|.| |Wish|Project|850|(850)|-| |1,480|(1,916)|(436)| |TOTAL FUNDS|83.913|(80,071)|3,842|

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continued...

Dressability

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

MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

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|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Net| |movement|At| |At|1.4.19|in|funds|31.3.21| |£|£|£| |Unrestricted|funds| |General|fund|89,043|23,559|112,602| |Restricted|funds| |Laptops|703|(703)|-| |TOTAL FUNDS|89,746|22,856|112,602| |A|current year year|12|months|and|prior year year|12|months|combined|net|movement|in|funds,|included|in|the|above| |as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|179,707|(156,148)|23,559| |Restricted|funds| |Laptops|-|(703)|(703)| |Location|630|(630)|-| |Wish|Project|850|(850)|-| |1,480|(2,183)|(703)| |TOTAL FUNDS|181,187|(158,331)|22,856|

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A current year year 12 months and prior year year 12 months combined net movement in funds, included in the above are as follows:

RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2021.

TOTAL FUNDS

Sewing Machines

This fund represents resources provided to fund the purchase of sewing machines.

Laptops

This fund represents funds provided for the charity to acquire laptop computers.

Location

This fund relates to resources donated to cover work carried out in specific geographical locations.

Service

This fund relates to resources donated to provide specific services to the charity's clients.

Four Acre Fund

Resources provided to assist in funding salaries for the coming year.

Wish Project

continued...

Dressability

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

12. TOTAL FUNDS - continued

Fund providing services for children with life limiting conditions.

13. ALLOCATION OF COSTS

Activity Basis of Allocation Management Staff Time Finance Staff Time Other Staff Time

14. CAPITALISATION OF TANGIBLE FIXED ASSETS

Fixed assets costing more than £250 are capitalised at cost.

Dressability

Detailed Statement of Financial Activities for the Year Ended 31 March 2021

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||||||| |---|---|---|---|---|---| |31.3.21|31.3.20| |£|p| |Management| |Finance| |Bank|charges|138|125| |Depreciation|of tangible|fixed|assets|1,418|1,236| |1,556|1,361| |Total|resources expended|78,260|80,071| |Net income|19.0 14|3,842|

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This page does not form part of the statutory financial statements