OpenCharities

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

2023-03-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

WANDSWORTH MEDIATION SERVICE

(A Company Limited by Guarantee) CHARITY REGISTRATION No: 1102464 COMPANY REGISTRATION No: 04778659

Independent Examiners Ltd

2 Broadbridge Business Centre Delling Lane Bosham West Sussex

PO18 8NF

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

CONTENTS

Page 3 Legal and Administrative Information
Pages 4 to 10 Directors' Annual Report
Page 11 Independent Examiners Report to the Directors
Page 12 Statement of Financial Activities
Pages 13 Balance Sheet
Page 14 to 20 Notes to the Financial Statements

2

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

LEGAL AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER

1102464

REGISTERED COMPANY NUMBER 04778659 DATE OF INCORPORATION 28th May 2003 START OF FINANCIAL YEAR 1st April 2022 END OF FINANCIAL YEAR 31st March 2023

DIRECTORS AT 31ST MARCH 2023 Mr Stephen Ruttle Ms Hilary Suzanne Campbell Brodsky Ms Clare Jane de Beer Ms Katie Finch Mr Philip Alistair Guthrie Ms Sharon Crooks Mr Stephen Peter Kelly - Resigned on 1st of April 2023 Ms Sarah Spreckley

The existing trustees appoint any new trustees following the provisions laid out in the organisation's governing instrument.

LEGAL STATUS

Company Limited By Guarantee

GOVERNING INSTRUMENT

Memorandum and Articles Of Association Incorporated 28th May 2003 as Amended by Special Resolution 23rd February 2004.

OBJECTS

(I) To promote for the public benefit, predominantly but not exclusively in the local area or community of the London Borough of Wandsworth, the provision of services directed towards mediation, conciliation or reconciliation as between persons, organisations, authorities or groups involved or likely to become involved in dispute or interpersonal conflict both generally and, in particular, in any situation where that dispute or conflict results from, or may lead to, acts of violence, nuisance, vandalism, racial abuse, unlawful activity or breakdown of public order. (II) To advance for the public benefit the education of the public, particularly in the said local area or community of the London Borough of Wandsworth, in the purposes and methods of such mediation, conciliation, or reconciliation and in particular the understanding of the nature and causes of any such disputes or conflicts and of all means of managing them for the purposes of peaceful resolution in the interests of good citizenship.

REGISTERED OFFICE

St Mark's Durie Hall, Battersea Rise, London SW11 1EJ

PRIMARY BANKERS

Metro Bank, 1 Southampton Row, London WC1B 5HA

INDEPENDENT EXAMINER

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

3

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023

Wandsworth Mediation Service (“WMS”) aims to help anyone in conflict to find support, skills or resources

This was a period of:

  1. broadening our provision and developing our training programme to our local community,

  2. appreciating our volunteer panel, and

  3. championing equality, diversity, and inclusion across our services

At the end of this year, we reflected on what makes the charity unique:

At WMS we do everything we can to help local people:

In recognition of the breadth and the calibre of our work, we were shortlisted for the “Mediation Provider of the Year” award at the 2022 National Mediation Awards and the Wandsworth Business Awards 2023 “Community Hero” Award.

WMS provision to our local community

We quantified how many people we have impacted by our mediation and training services over the past 3 years:

years: years: years: years:
People Impacted
2020
2021
2022
People impacted directly
405
370
321
People impacted directly and indirectly
972
794
1368
Mediators 55 53 60

4

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

Mediations and casework: The charity had 223 mediation cases and conflict coaching cases over the period, impacting well over 400 people. Some of these cases were mediated, some people had coaching sessions and others were signposted on to other agencies and organisations for support.

Our workplace caseload increased dramatically, along with neighbour case referrals. We also had more school relationship cases, involving different conflicts between teachers, parents and pupils. Some of our workplace cases involved multiple parties and team meetings to rebuild connections and relationships. Many of our cases are very challenging and complex, as resentments and mental health issues are deeply embedded, making it harder for people to have a constructive conversation. However, when they did, real changes were seen in those relationships, improving things for the future, and increasing compassion and understanding.

Referrals and enquiries came from individuals, and local networks and organisations, including the Police, Richmond & Wandsworth Council, Citizens Advice Wandsworth, NHS social prescribers, solicitors’ firms, Refernet and housing associations.

Post Office mediations: having been engaged by the Post Office to mediate disputes with sub-postmasters arising out of the historic shortfall and stamps schemes, we were instructed to mediate our first cases.

Developing our skills training programme to our community, schools and organisations

Continuing to increase and diversify our pool of trainers to meet the growing demand for our unique training projects, our range of workshops and training cover life skills in:

5

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

Training in primary schools: In April and October 2022, we ran peer mediation training projects for two Battersea primary schools, training all members of staff including teachers, and 28 pupils from years 4 and 5 over the two schools. Peer mediation empowers pupil mediators to resolve playground conflict between other pupils without intervention from staff. The positive impact of the skills learnt ripples out into the wider school environment and at home. With funding from the Battersea Power Station Foundation, WMS was supported by Peaceworks using licenced material they had developed in primary schools in West Sussex and Hampshire. We will be broadening this programme to other schools across the Borough in 2023.

Helping those in heightened conflict or violent situations: in the summer of 2022, working with Carney’s Gym Battersea, we developed the ‘Connecting and Communicating in Conflict’ programme funded by the Battersea Power Station Foundation. We designed the programme to support those working with people who are facing challenging situations or conflict and who may be at risk of youth violence or exploitation. It focussed on how to connect and communicate with people who may be demonstrating challenging behaviour or engaging in conflict. It also supports those whose role also involves engaging with professionals in other services such as the Police, Local Authority, Social Services or key workers.

We also ran the training for Wandsworth’s Knife Crime Unit and 15 people attended the training over the two programmes.

100% of those who completed feedback forms for Carney’s Gym said:

“Thank you for the opportunity to join the program, it has been very insightful . I have enjoyed getting present with my team and gaining a greater understanding into their values, feelings and thoughts. It has given me the incentive and space to

reflect more on where some of their behaviours may have come from. ”

“I have really enjoyed the course and … it is giving me confidence in my role, that I can deal with conflict between staff and/or young people, and I feel confident addressing difficult situations. ”

Workplace training for managers: Richmond & Wandsworth Council commissioned WMS to develop a pilot training programme for managers to improve communication and understanding between colleagues to reduce workplace conflict which was run in May and June 2022. This was in parallel with WMS being on the Council’s panel for workplace mediation between Council employees.

A key vision for WMS is to increase awareness about the benefits of mediation and improved communication on all relationships. In a workplace setting, it is crucial as there is often an ongoing relationship between colleagues, who may disagree, or be in conflict, but need to find a way to work well with each other.

6

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

“ More empathy with relationships with staff and be able to stay neutral when dealing with conflict. If conflict to try and let them come to the resolution.”

Roehampton Empowering Women six workshops: in response to a need in the community, we adapted our community workshops for women only, which ran from 31 January for 6 weeks. This was funded by the Wandsworth Grant Fund round 20.

100% of respondents found the workshops relevant to them and said they now feel more confident dealing with potential conflict situations in a more positive way.

92% of respondents felt that the workshops improved their mental health and wellbeing. 96% of respondents felt connected to other participants.

The feedback quotes we received were also heartening and showcased how effective the sessions were in making a positive difference in the lives of the attendees:

“I recommend this to everyone.”

In order to build on connections made and to continue to offer support, we ran monthly drop-in clinics at the same time as the Women’s coffee mornings in the summer of 2023. Women came to talk to WMS about conflict or family issues they were facing and gained support and information about WMS and other local services.

Celebrating WMS’s mediators

As we come closer to our 20[th] Anniversary at WMS, we acknowledge gratefully that everything we have achieved in the past 18 years is thanks to the commitment, dedication and support of our 60 volunteers.

We quantified the time that our volunteers spent in 2022 in casework, training, sharing expertise and supporting the work of the charity: mediators spent over 1200 hours and our trustee board devoted over 450 hours.

Our volunteer mediators work with people in dispute in a variety of ways. They deliver mediations, conflict coaching and facilitation sessions. They give each party the equal opportunity to express their views and assist them to consider ways in which they can improve matters in the future.

Some feedback from our mediators about volunteering with WMS:

“I volunteer as a community mediator for WMS, and have done for several years, because I find it hugely empowering . […] It’s a wonderful feeling that there’s a little less needless stress and conflict out there as a result of WMS .”

7

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

Everyone associated with WMS is dedicated to what they do and a pleasure to work with. The issues we deal with can be challenging but support is always at hand.

My highlight of the last few years has been delivering peer mediation training in primary schools within the Borough. It is hard work, but rewarding and transformational, for me as well as the children we train! ”

Funding

We are unique amongst community mediation providers in securing funding from commercial and workplace mediations, with mediators on those panels waiving their fees in favour of WMS. We actively seek industry experts to join our panel, as it helps us secure high-profile commercial cases which fund our community work. Amongst our volunteers are some of the most experienced commercial mediators in the UK, including recipients of King’s Counsel and various award-winners .

As we do in all areas, we adapt and seek grant funding where we can, and recent grants include:

Championing equality, diversity, and inclusion across our services

By way of a current example of how the work of WMS impacts a range of people, these people signed up to our community workshops:

One of our neighbour mediators says,

“As a member of an ethnic minority community, I particularly value the fact that WMS’ commitment in this area permeates their practice in relation to mediators, the volunteers and their clients. WMS takes extremely seriously its commitment to ensuring all communities benefit from its services and I have found this to be one of the most impressive features of the charity.

8

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

At a personal level, I have experienced for myself the compelling and lasting benefits of WMS’ constant efforts to ensure that diverse communities are represented in the team of volunteers. ”

The impact of the work of WMS is best left to our clients:

Feedback on a co-parenting case:

“It has helped me to explain my situation in a calm way. WMS staff have human hearts and understand what people are going through. This charity needs all the help they can get as they literally save lives.”

Feedback on a Commercial case:

“ Absolutely terrific. [The mediator] was able to use his sharp experience and clear ability to negotiate a path through what seemed an impossible case to mediate. All parties settled satisfactorily and we were able to avoid the protraction of going to court. I was absolutely thrilled with the determination of the mediation team to negotiate a mutually beneficent outcome.

He changed my life through his insight into the mediation process, with his clear ability to find pathways in solving disputes, he negotiated a freeing deal that has simply changed my life .”

Feedback on a School Relations mediation case:

"We appreciate the support provided by Wandsworth Mediation Service last academic year. It helped us mend a relationship with one of the parents, it enabled both parties to take full responsibility of their actions. The entire process was fair and transparent, felt like a safe space and it helped both parties to extend care and compassion to each other.”

Feedback on a Workplace case (summary of a phone conversation):

We had a constructive and productive conversation. I am pleased to have participated in mediation. I think mediation should be a standard part of the process after a complaint has been made .

Feedback on an Inter-generational case:

“I feel the service has enabled me to say my feelings out loud instead of keeping everything bottled up inside. The service has helped me look at other options so I can seek a good outcome for all affected.”

Feedback on a Conflict Coaching case:

“It was good for me to be able to express myself freely with the coaches, who were totally unbiased, about my problems. They listened with empathy and I received some coping mechanisms from them.”

9

WANDSWORTH MEDIATION SERVICE

(A Company Limited by Guarantee)

Report from the directors for the year ended 31 March 2023 (continued)

Later in 2023, WMS received the King’s Award for Voluntary Service , which is the highest award given to volunteer groups in the UK, equivalent to an MBE. This prestigious accolade is the first of its kind since King Charles III ascended to the throne. It stands as a testament to the exceptional work and dedication of our volunteers, and their impact within the community.

Statement of Directors' Responsibilities:

The trustees (who are also the directors of Wandworth Mediation Service 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".

Company law requires the trustees to preapre 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 recources, including its income and expenditure, of the charitable company for that period. In preparing these financial statments, the trustees are required to:

a.) select suitable accounting policies and apply them consitantly;

b.) observe the methods and principles in the Charities SORP;

c.) make judgements and estimates that are reasonable and prudent;

d.) state whether applicable accounting standard comprising FRS 102 and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and e.) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

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 section 476 of 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.

Small companies provision statement:

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

I approve the attached statement of financial activities and balance sheet for the year ended 31st March 2023 and confirm that I have made available all information necessary for its preparation.

November 14th 2023

Approved by the Directors on the ....................................................................................

Signed on their behalf by Director .................................................................................... Benedict Havey

Print Name: BENEDICT HAVEY

10

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees and members of Wandsworth Mediation Service on the accounts for the year ended 31st March 2023 set out on pages 12 to 13.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (who are also the directors of the company 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 for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

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.

Zita Derbak MAAT, AATQB Independent Examiners Ltd 2 Broadbridge Business Centre Signature: Delling Lane Bosham West Sussex Date: 15th November 2023 PO18 8NF

11

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

Statement of Financial Activites FOR YEAR ENDED 31ST OF MARCH 2023

Notes
INCOME
Donations & legacies
3a, 5
Investment Income
3b, 5
Charitable Activities
3c
Other Incoming Resources
3d
TOTAL INCOME
EXPENDITURE
Cost of Charitable Activities
4a, 5
Governance Costs
4b
TOTAL EXPENDITURE
NET INCOME/(EXPENDTURE)
Total Funds Brought Forward
Transfers Between Funds
TOTAL FUNDS CARRIED FORWARD		 Unrestricted Restricted
Total
Total
Funds
Funds
2023
2022
£
£
£
£
2,001
14,782
16,783
798
6
37
43
10
47,294
-
47,294
24,548
425
-
425
273
49,726
14,819
64,545
25,629
43,148
27,214
70,362
48,992
750
-
750
750
43,898
27,214
71,112
49,742
5,828
(12,395)
(6,567)
(24,113)
10,072
19,217
29,289
53,402
(380)
380
-
-
15,520
7,202
22,722
29,289

Movements on all reserves and all recognised gains and losses are shown above.

The notes on pages 14 to 20 form part of these financial statements.

12

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee) COMPANY REGISTRATION No: 04778659 BALANCE SHEET FOR YEAR ENDED 31ST OF MARCH 2023

Notes
Fixed Assets
Tangible Assets
2
Current Assets
Debtors & Prepayments
7
Cash at Bank and in Hand
6
Total Current Assets
8
NET CURRENT ASSETS
TOTAL ASSETSless current liabilities
9
NET ASSETS
Funds of the Charity:
General Funds
Restricted Funds
5
TOTAL FUNDS
Creditors:amounts falling due within one
year
Creditors: amounts falling due in more than
one year		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
-
628
-
628
603
18,561
7,202
25,763
29,436
19,189
7,202
26,391
30,039
3,669
-
3,669
750
15,520
7,202
22,722
29,289
15,520
7,202
22,722
29,289
-
-
-
-
15,520
7,202
22,722
29,289
15,520
-
15,520
10,072
-
7,202
7,202
19,217
15,520
7,202
22,722
29,289

For the year ending 31st March 2023 the Company was entitled to exemption from audit under section 477(2) of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:

  1. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006; and

  2. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts.

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

The financial stetments on pages 12 and 13 were approved by the directors for issue.

Approved by the Directors on the ........................................................ Benedict Havey

Signed on their behalf by Director ........................................................November 14th 2023

Print Name: BENEDICT HAVEY

13

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland ("FRS" 102) (effective 1 January 2015) - Charities SORP (FRS 102) and incorporating update bulletin 1, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006.

There has been no change to the accounting policies (Valuation rules and methods of accounting) since last year.

Wandsworth Mediation Service ("The Charity") meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Wandsworth Mediation Service's ability to continue as a going concern.

Cash Flow Statement

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities ("SOFA") when:

▪the charity becomes entitled to the resources; ▪the trustees are virtually certain they will receive the resources; and

▪the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

14

WANDSWORTH MEDIATION SERVICE

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES (Continued)

Incoming Resources (Continued)

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.

Investment Income

This is included in the accounts when receivable.

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Operating Leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Assets

Fixed Assets

Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.

2. TANGIBLE FIXED ASSETS

The Charity held no tangible fixed assets during this or the previous financial year.

The annual commitments under non-cancelling operating leases and capital commitments are as follows:

31st March 2023: None

31st March 2022: None

15

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

3. INCOME
Note
a) Donations & Legacies
Donations
Gift Aid Tax Recovered
Grants
5
b) Investment Income
Bank Interest
5
c) Charitable Activities
Commercial Income
Workplace mediation
Training Courses
Community Fee
d) Other Incoming Resources
Other Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2022/23
2021/22
£
£
£
£
1,626
1,626
798
375
-
375
-
-
14,782
14,782
-
2,001
14,782
16,783
798
6
37
43
10
6
37
43
10
20,344
-
20,344
24,548
14,600
-
14,600
-
11,800
-
11,800
-
550
-
550
-
47,294
-
47,294
24,548
425
-
425
273
425
-
425
273

16

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

4. EXPENDITURE
Note
a) Cost of Charitable Activities
Contractors' Fees
5
Equipment Costs
Gifts & Donations
Insurance Costs
Mediation Fees
Membership Fees
Printing, Postage & Stationery
5
Professional Fees
5
Donation for Office use
Sundry Expenses
5
Telephone Costs
Trainers' Fees
5
Training Costs
5
Travel & Subsistence
b) Governance Costs
Independent Examiner's Fee
8		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2022/23
2021/22
£
£
£
£
18,384
12,273
30,657
27,547
3,257
-
3,257
339
-
-
-
200
1,234
-
1,234
1,196
3,404
-
3,404
1,500
1,118
-
1,118
1,813
189
77
266
440
12,813
12,100
24,913
5,462
500
-
500
-
1,314
65
1,379
1,062
737
-
737
939
106
29
135
-
59
2,640
2,699
8,488
33
30
63
6
43,148
27,214
70,362
48,992
750
-
750
750
750
-
750
750

17

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

5. RESTRICTED FUNDS

CURRENT FINANCIAL YEAR
Battersea Power Station Foundation Grant
National Lottery A4A
Wandsworth Grant Fund (20)
Wandsworth Grant Fund (Round 16)
TOTAL		 Total
Total
1-Apr-22
Income
Expenditure
Transfers
31-Mar-23
£
£
£
£
£
16,957
37
11,567
-
5,427
-
9,240
8,323
-
917
-
5,542
4,684
-
858
2,260
-
2,640
380
-
19,217
14,819
27,214
380
7,202

PREVIOUS FINANCIAL YEAR

Battersea Power Station Foundation Grant
CAF Grant
Battersea Big Lottery
Wimbledon Foundation Grant
Wandsworth Grant Fund (DBASE)
Wandsworth Grant Fund (Round 16)
TOTAL		 Total
Total
1-Apr-21
Income
Expenditure
Transfers
31-Mar-22
£
£
£
£
£
21,818
7
4,868
-
16,957
310
-
312
2
-
800
-
800
-
-
-
-
-
-
-
4,059
-
4,059
-
-
9,040
-
6,780
-
2,260
36,027
7
16,819
2
19,217

Details of the restricted funds are given in the Directors' Annual Report. The restricted funds are wholly represented by the Charity's cash reserves.

6. CASH AT BANK AND IN HAND

Current account
Savings account		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
16,142
-
16,142
10,221
2,419
7,202
9,621
19,215
18,561
7,202
25,763
29,436

18

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

7. DEBTORS AND PREPAYMENTS
Prepayments		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
628
-
628
603
628
-
628
603

8. CREDITORS, ACCRUALS AND DEFERRED INCOME: AMOUNTS FALLING DUE WITHIN ONE YEAR

Independent Examiner's Fee
Other Accruals		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
750
-
750
750
2,919
-
2,919
-
3,669
-
3,669
750

9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The Charity held no long term liabilities during this or the previous financial period.

10. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES

The Company is Limited by Guarantee (04778659) and is a Charity registered with the Charity Commission (1102464) and does not have a Share capital and has no income subject to Corporation Tax.

Profit / Deficit for the financial year
Other Recognised Gains
Balance Brought Forward
Closing Funds at 31st March 2023		 2022/23
£
(6,567)
-
(6,567)
29,289
22,722		 2021/22
£
(24,113)
-
(24,113)
53,402
29,289

19

WANDSWORTH MEDIATION SERVICE (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

11. STAFF COSTS AND NUMBERS

The Company employed no staff during this or the previous financial year.

The Company engaged 5 (2021/22: 4) self employed contractors in this financial year to perform the Charitable Activities of the Company.

12. DIRECTORS AND OTHER RELATED PARTIES

During the financial period, Mrs S. Crooks received £3,200 (2021/22: £650) on behalf of Peacewell Ltd in contractors payments for training provided in furthering the Charity's objects. Mrs S. Cook is also a director of Peacewell Ltd.

Other than reimbursements for small items of expenditure on behalf of the charity, no other payments were made to Directors or any persons connected with them during this financial period. No other material transaction took place between the charity and a Director or any person connected with them.

13. RISK ASSESSMENT

The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

14. RESERVES POLICY

The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.

15. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Report of the Directors. The directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

20