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2021-03-31-accounts

REGISTERED COMPANY NUMBER: 05389416 (England and Wales) REGISTERED CHARITY NUMBER: 1109021

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2021

for

Walsalll Rehabilitation and Healthy Living Trust

Haines Watts Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF

Walsalll Rehabilitation and Healthy Living Trust

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

Page
Report of the Trustees 1 to 4
Statement of Trustees' Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 16

Walsalll Rehabilitation and Healthy Living Trust (Registered number: 05389416)

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 1 January 2019).

Trustees' Responsibilities

The responsibilities of the Trustees are detailed on page 5.

Trustees will attend Charity Law updates to ensure that the Charity is compliant and have included a routine item on the agenda for Risk Management. A Risk Management policy and action plan has been drawn up.

The Charity Trustees therefore give on-going consideration to the major risks to which the charity is exposed and satisfy themselves that strategies, systems and procedures have been established in order to manage those risks.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Charity are to relieve sickness and protect the health of persons suffering or at risk from diseases, complaints or hereditary conditions of the cardiovascular system, circulatory system and respiratory system or other long term conditions.

Significant activities

Development, Activities and Achievements

The Trust continues to be part funded by the Walsall Clinical Commissioning Group based on new cardiac and pulmonary patient referrals.

Due to the COVID-19 pandemic Heart Care has had to adjust its programmes to adhere to the restrictive measures enforced by the Government. These adjustments included changing all initial interviews to phone contacts, providing a home exercise or web based programme co-ordinated by the Exercise Physiologist and introducing a new support nurse programme for those who were unable to exercise but wanted advice and support over 8 weeks where goals were set and agreed. We therefore have managed to continue to provide tailor-made rehabilitation programmes for all appropriate patients referred, with 100% of patients having a personalised care plan and where appropriate home exercise programme supported by professionally trained and experienced personnel. Staff ascertain and agree with the patient the best pathway, including relevant advice, structured programme (when we were open), tai chi (either face to face when possible or via zoom) and/or home /web based programmes.

A full COVID risk assessment was undertaken on a regular basis to keep both staff and patients safe. Some of the changes made such as wearing of masks when not exercising, trying to social distance, provision of hand sanitisers and contactless pay will continue for the foreseeable future.

Page 1

Walsalll Rehabilitation and Healthy Living Trust (Registered number: 05389416)

Report of the Trustees for the Year Ended 31 March 2021

ACHIEVEMENT AND PERFORMANCE Charitable activities Cardiac Rehabilitation

The Trust has achieved the National Certification Programme for Cardiac Rehabilitation status for the third year in a row.

Due to the pandemic referrals did drop, due to the fact, that the elective surgeries were cancelled and therefore the majority of patients referred had emergency surgery or patients had suffered an event. Patients were therefore more poorly and so the new nurse programme was ideal and although from April we have started to see patients face to face the new programmes have remained in place.

Total cardiac referrals for this year were 607 a reduction, which was anticipated, but with 93% being given appointments which was the same as last year.

The majority of referrals were received from either New Cross Hospital (84%).

69% of patients were male and 31% female, the same as last year.

Statistics:

" 68% received clinical input

" 58% who received clinical input started an exercise programme, this includes the home or web programmes. Although this is lower than previous years due to the pandemic many of the patients opted for the nurse support programme

" 90% of those who received clinical input completed a programme (education, Unit exercise programme, home based/web programme or nurse support programme) - due to the circumstances some of these patients were reassessed over the telephone. This is higher than last year and accounts for those patients opting for the nurse support programme

The total number of patients who completed a relevant programme during the year is 398. We have continued to provide some short exercise sessions via Facebook and our own website to try and keep patients active.

Many patients improved their fitness and risk factor outcomes such as quit smoking, reduced anxiety and depression, and reduced blood pressure.

Many patients improved their eating habits, increasing fruit and vegetables and reducing salt, fast and alcohol.

All patients completing are reassessed and are given a long term maintenance plan and a letter sent to their GP communicating their outcomes.

Due to the pandemic many of these improvements were self-reported.

Goal setting continues within all programmes.

Of those patients who defaulted, 49% could not be contacted. Patients who default at any stage of the rehabilitation programme will be contacted by phone or letter to ascertain the reasons and where possible accommodated at a later stage and a letter is sent to their GP advising them of the current situation.

Result of Actions agreed to increase the service to all patients

Actions from last year remain in place however the main action for this year was the inclusion of the nurse support programme

We have continually marketed our service through the pandemic to the Local GPs ensuring them that we were still able to provide a safe service to their patients if required.

Pulmonary Rehabilitation

141 patients have been referred, much lower than last year but this was greatly influenced by patients not being able to attend their GP Practice during the pandemic. The majority of these have been referred from the GPs (44%) and Practice Nurses (39%)

Page 2

Walsalll Rehabilitation and Healthy Living Trust (Registered number: 05389416)

Report of the Trustees for the Year Ended 31 March 2021

There are still a higher proportion of patients being referred within the older age range, however, we are continuing to receive referrals for patients in the age range 40-59 which is encouraging and will continue to promote this to GPs and Practice Nurses now that we are back open.

The tai chi sessions eventually were able to continue through zoom during the pandemic.

We are now promoting our service to GPs for all patients who may be suffering from Long COVID.

Unfortunately, our singing classes had only just recommenced in January 2020, following one of our volunteers undertaking the training, however, due to lockdown these had to stop and unfortunately have not been recommenced at the present time.

Clinical improvements include: improved fitness, weight loss, anxiety and depression scores, SATs, COPD Assessment Test scores, blood pressure and perception of their condition.

The staff have continued to educate patients on a one to one basis.

After care sessions had to remain cancelled as they fell under a gym environment but we have been able to recommence from April 2021.

The Trustees continue to be committed to raising additional funds with their Community Fund-raiser and although the community activities had to cease she has been successful in securing a number of grants, particularly to support the additional funding required for PPE.

FINANCIAL REVIEW

Principal funding sources

The cardiac and pulmonary rehabilitation contracts continue with the Walsall Clinical Commissioning Group and targets reviewed on a quarterly basis. It has now been agreed that the contract will be on a rolling basis.

Investment policy and objectives

Any investments or land belonging to the Trust, other than monies required for ordinary expenditure of the Trust, shall be vested with such concense as may be necessary in the official Custodian for Charities. The Trust Deed authorises the Trustees to make and hold investments using the general funds of the Charity.

Reserves policy

The board have agreed a reserves policy covering 12 months running costs of the Trust, enabling support programmes, at all stages of completion, to be seen through to their conclusion.

We are continuing to promote our service to GPs for all patients who may have long term conditions and would benefit from our service and have agreed to provide the first 12 sessions at a low cost to try and encourage more people to use the facilities.

FUTURE PLANS

Heart Care continues to work closely with the Walsall Commissioners.

The website continues to gain followers and by including more information through Facebook we feel that we are reaching more patients and the general public informing them of them work that we are doing and giving them support in regard to education and exercise. This has been particularly true during the pandemic where we have been able to regularly inform all our patients the ever-changing position. In addition, the website helps with our fund-raising activities and also in regard to bid writing where potential Trusts can easily view our services.

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.

Charity constitution

The Trust is incorporated as a Limited Company by Guarantee from March 2005.

Organisational structure

The activities of the Trust are governed by the Trustees, all of whom are Directors, and are administered by a committee consisting of the Trustees and a senior member of staff.

Page 3

Walsalll Rehabilitation and Healthy Living Trust (Registered number: 05389416)

Report of the Trustees for the Year Ended 31 March 2021

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05389416 (England and Wales)

Registered Charity number 1109021

Registered office

12 Portland Street Walsall West Midlands WS2 8AB

Trustees

C E Blakemore Company Director (retired) (resigned 1.11.20) P Griffin Director NHS (retired) Dr A K Haire General Medical Practitioner M Walsh Director NHS (retired) E B Watts Retired P B Burns Trustee (appointed 1.11.20)

Company Secretary Ms S M Ursell

Independent Examiner

Haines Watts Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 15 December 2021 and signed on its behalf by:

P B Burns - Trustee

Page 4

Walsalll Rehabilitation and Healthy Living Trust

Statement of Trustees' Responsibilities for the Year Ended 31 March 2021

The trustees (who are also the directors of Walsalll Rehabilitation and Healthy Living Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 5

Independent Examiner's Report to the Trustees of Walsalll Rehabilitation and Healthy Living Trust

Independent examiner's report to the trustees of Walsalll Rehabilitation and Healthy Living Trust ('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 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of Chartered Certified Accountants which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. 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

  3. 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.

Darren Barlow FCCA Association of Chartered Certified Accountants Haines Watts Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF

15 December 2021

Page 6

Walsalll Rehabilitation and Healthy Living Trust

Statement of Financial Activities for the Year Ended 31 March 2021

2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
106,968
Charitable activities
5
Rehabilitation Programmes
281,286
Aftercare Porgrammes
13,983
Other trading activities
3
9,531
Investment income
4
1,392
Other income
24,146
Total
437,306
EXPENDITURE ON
Raising funds
6
20,290
Charitable activities
7
Rehabilitation Programmes
255,893
Other
140,734
Other
4,725
Total
421,642
NET INCOME
15,664
RECONCILIATION OF FUNDS
Total funds brought forward
640,831
TOTAL FUNDS CARRIED FORWARD
656,495
2020
Total
funds
£
127,283
281,279
81,781
20,296
5,662
-
516,301
19,682
292,760
152,664
3,902
469,008
47,293
593,538
640,831

The notes form part of these financial statements

Page 7

Walsalll Rehabilitation and Healthy Living Trust (Registered number: 05389416)

Balance Sheet 31 March 2021

Notes
FIXED ASSETS
Tangible assets
13
CURRENT ASSETS
Debtors
14
Prepayments and accrued income
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
TOTAL FUNDS
2021
Unrestricted
fund
£
354,390
2,695
6,811
311,083
320,589
(18,484)
302,105
656,495
656,495
656,495
656,495
2020
Total
funds
£
368,118
-
7,068
297,011
304,079
(31,366)
272,713
640,831
640,831
640,831
640,831

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

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 15 December 2021 and were signed on its behalf by:

P B Burns - Trustee

The notes form part of these financial statements

Page 8

Walsalll Rehabilitation and Healthy Living Trust

Cash Flow Statement for the Year Ended 31 March 2021

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period
2021
£
24,128
24,128
(10,208)
152
(10,056)
14,072
297,011
311,083
2020
£
87,743
87,743
(19,586)
473
(19,113)
68,630
228,381
297,011

The notes form part of these financial statements

Page 9

Walsalll Rehabilitation and Healthy Living Trust

Notes to the Cash Flow Statement for the Year Ended 31 March 2021

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 15,664 47,293
Adjustments for:
Depreciation charges 23,936 18,345
Interest received (152) (473)
(Increase)/decrease in debtors (2,438) 15,897
(Decrease)/increase in creditors (12,882) 6,681
Net cash provided by operations 24,128 87,743
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.20 Cash flow At 31.3.21
£ £ £
Net cash
Cash at bank and in hand 297,011 14,072 311,083
297,011 14,072 311,083
Total 297,011 14,072 311,083

The notes form part of these financial statements

Page 10

Walsalll Rehabilitation and Healthy Living Trust

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

1. 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.

The charitable company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charitable company's needs. We have considered a period of twelve months from the date of approval of the financial statements.

Additionally not all events or conditions can be predicted with the event of COVID-19 pandemic, which has brought with it additional unprecedented levels of uncertainty and the inability to assess fully, therefore, the impact of that on not only the charity and its ability to meet its primary objectives but also on the support afforded by donors and overall fundraising capabilities.

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.

Tangible fixed assets

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

Freehold property 2% or 10% on cost
Plant and machinery 25% on reducing balance
Fixtures and fittings 15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 11

continued...

Walsalll Rehabilitation and Healthy Living Trust

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

2. DONATIONS AND LEGACIES
2021 2020
£ £
Donations 106,968 127,283
3. OTHER TRADING ACTIVITIES
2021 2020
£ £
Fundraising events 9,531 20,296
4. INVESTMENT INCOME
2021 2020
£ £
Rents received 1,240 5,189
Deposit account interest 152 473
1,392 5,662
5. INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity £ £
Walsall Clinical
Commissioning Rehabilitation Programmes 281,286 281,279
Aftercare Aftercare Porgrammes 13,983 81,781
295,269 363,060
6. RAISING FUNDS
Raising donations and legacies
2021 2020
£ £
Staff costs 19,992 18,339
Sundries - 1,343
19,992 19,682
Other trading activities
2021 2020
£ £
Bad debts 298 -
Aggregate amounts 20,290 19,682

Page 12

continued...

Walsalll Rehabilitation and Healthy Living Trust

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

7. CHARITABLE ACTIVITIES COSTS

Rehabilitation Programmes
Other
SUPPORT COSTS
Other
Direct
Costs
£
255,893
23,704
279,597
Support
costs (see
note 8)
Totals
£
£
-
255,893
117,030
140,734
117,030
396,627
Management
£
117,030

8. SUPPORT COSTS

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021 2020
£ £
Depreciation - owned assets 23,936 18,345
Hire of plant and machinery 4,224 4,906
Independent examiner's fee 3,130 2,606

10. 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.

11. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Medical staff
Admin staff
Fundraising staff
2021
£
326,041
326,041
2021
12
3
1
16
2020
£
347,149
347,149
2020
12
3
1
16

No employees received emoluments in excess of £60,000.

Page 13

continued...

Walsalll Rehabilitation and Healthy Living Trust Notes to the Financial Statements - continued for the Year Ended 31 March 2021

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Rehabilitation Programmes
Aftercare Porgrammes
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Rehabilitation Programmes
Other
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
13.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020
Additions
At 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
Freehold
property
£
524,554
-
524,554
188,565
13,565
202,130
322,424
335,989
Plant and
machinery
£
125,945
9,096
135,041
94,830
10,052
104,882
30,159
31,115
Unrestricted
fund
£
127,283
281,279
81,781
20,296
5,662
516,301
19,682
292,760
152,664
3,902
469,008
47,293
593,538
640,831
Fixtures
and
fittings
Totals
£
£
7,546
658,045
1,112
10,208
8,658
668,253
6,532
289,927
319
23,936
6,851
313,863
1,807
354,390
1,014
368,118

Page 14

continued...

Walsalll Rehabilitation and Healthy Living Trust

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

13. TANGIBLE FIXED ASSETS - continued

14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses
16.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
At 1.4.20
£
640,831
640,831
Incoming
resources
£
437,306
437,306
At 1.4.19
£
593,538
593,538
2021
2020
£
£
2,695
-
2021
2020
£
£
6,358
13,186
6,455
-
5,671
18,180
18,484
31,366
Net
movement
At
in funds
31.3.21
£
£
15,664
656,495
15,664
656,495
Resources
Movement
expended
in funds
£
£
(421,642)
15,664
(421,642)
15,664
Net
movement
At
in funds
31.3.20
£
£
47,293
640,831
47,293
640,831
2020
£
-
2020
£
13,186
-
18,180
2020
£
-
31,366

Page 15

continued...

Walsalll Rehabilitation and Healthy Living Trust

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

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 516,301 (469,008) 47,293
TOTAL FUNDS 516,301 (469,008) 47,293

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

Unrestricted funds
General fund
TOTAL FUNDS
At 1.4.19
£
593,538
593,538
Net
movement
in funds
£
62,957
62,957
At
31.3.21
£
656,495
656,495

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

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
953,607
953,607
Resources
Movement
expended
in funds
£
£
(890,650)
62,957
(890,650)
62,957
Resources
Movement
expended
in funds
£
£
(890,650)
62,957
(890,650)
62,957
62,957

17. RELATED PARTY DISCLOSURES

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

Page 16