eikon
helping young people in Surrey
The Eikon Chapity
Annual Report and
Financial Statements
2021122
|~|About The Eikon Charity|||
|---|---|---|---|
|~|Being a young person today|||
|~|Chair and CEO's reflections||10|
|~|Our year at aglance||13|
|~|Activities and performance||15|
|~|Fundr aising highlights||39|
|~|Plans for the future||42|
|~|Governance,
structure
and|management|44|
|~|Key risks and uncertainties|disclosures||
|~|Trustees' report and accounts for the year ended 31March 2022||51|
|~|Independent
auditor's report to the member sofThe Eikon Char ity||54|
|~|Statement offinancial activities for the year ended 31Mar ch 2022||58|
|~|Balance sheet as at 31March 2022||59|
|~|Statement ofcash flows for|the year ended 31March 2022|60|
|~|Notes to the financial statements
for the year ended 31March 2022||61|
|~|Special thanks||70|
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|Risk Title|Risk description||Key controls/actions
to reduce/|
|---|---|---|---|
||||mitigate this risk|
|Deliver For|Death/sei
ious injury and/oi||~ Clear and documented
policies and|
|Young People—|critical incident
involving|a|procedures that are well known, used, and|
|Service Critical|young per son who Eikon is||continuously
improved|
|Incident|supporting/has
suppor ted/|||
||ls waiting to support;
ser ious complaint
against||~ Refer ral types, complexity,
and seventy
that are accepted|
||a member ofthe Eikon
deyvery team.||~ Clai ity ofwaiting
list, safeguai ding, risk
management,
and escalation processes and|
||||procedures|
||||~ Compi ehensive safeguai ding ti aining and|
||||development,
and cynical super vision|
|Deliver for|Failure ofcontr act||~ Ensure close participation
in and support|
|Young People|governance,
management||for the Surrey Wellbeing
Partnership
(SWP)|
|—Contract
and System|and/oi
service deliver y.||~ Independent
evaluation ofSWP services to|
|Management|||demonsti ate incr easing impact|
||||~ Clear and accountable
service deyver y|
||||plans with SMART pi actitioner objectives|
||||for delivery|
||||~ Subsequent
year planning
taking into|
||||account current
and past year experiences|
|Support People|Pohcy and procedural||~ Update the char ity's business
continuity|
|—Organisational|awareness:
lack of||procedure to ensur ecover for extended|
|and Operational
Governance|awareness/under
standing
ofpolicies and procedural||absence ofkey personnel
(e.g. CEO)|
||management
due to staff||~ Introduce performance
oversight
via a|
||turnover;
pressures of||performance
management
framework|
||other work leading to
policies and procedures||~ Robust training
and development
programmes
to ensure leadership/|
||not being followed putting
the organisation,
young||management
capabiyty|
||people, employees,
and/or||~ Ensure comprehensive,
relevant
induction,|
||volunteers
at risk.||awai eness and
iefiesh ti aining for all|
||||employees
and volunteer
s, par ticularly|
||||when policy changes occur|
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||RMMMMMIII|RMMMMMIII|RMMMMMIII|RMMMMMIII|RMMMMMIII|RMMMMMIII|RMMMMMIII|
|---|---|---|---|---|---|---|---|
|||E|E|||||
|Income and endowments||||||||
|Donations and legacies|3|329,151||329,151|201,880|531,031|1,150,385|
|Charitable
activities|4|1,302,485||1,302,485||1,302,485|1,343,012|
|Investment
income|11|5,085||5,085||5,085|2,395|
|Total income||||||||
|Expenditure||||||||
|Raising funds|5|178,901||178,901||178,901|121,928|
|Charitable
activities|6|1,464,403|17,538|1,481,941|156,810|1,638,751|1,879,963|
|Total expenditure||||||||
|Net income/||(6,583)|(17,538)|(24,121)|45,070|20,949|493,901|
|(expenditure)
before||||||||
|investments
gain/(loss)||||||||
|Net loss on investments|11|(1,657)||(1,657)||(1,657)|(753)|
|Net income/||(8,240)|(17,538)|(25,778)|45,070|19,292|493,148|
|(expenditure)
after||||||||
|investments
gain/(loss)||||||||
|Transfers between funds||||||||
|Net movement
in funds||||||||
|Reconciliation offunds||||||||
|Total funds brought||369,900|442,615|812,515|105,707|918,222|425,074|
|forward
1 April 2021||||||||
|Total funds carried||||||||
|forward 31March 2022||||||||
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|Fixed assets|||||
|---|---|---|---|---|
|Tangible assets||10|35,077|52,615|
|Investments||11|53,997|55,654|
|Total fixed assets|||||
|Current assets|||||
|Debtors||12|96,123|65,163|
|Cash at bank and in|hand||1,005,615|1,037,512|
|Total current assets|||||
|Liabilities|||||
|Creditors: amounts|falling due within one year|13|(253,298)|(292,722)|
|Net current assets|||||
|Total net assets|||||
|Funds ofthe charity|||||
|General funds||15|361,660|369,900|
|Designated
funds||15|425,077|442,615|
|Total unrestricted|funds||||
|Restricted funds||15|150,777|105,707|
|Totalfunds|||||
##
||||||MR%~|MR%~|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net income for the year|||||||
|Adjustments
for|||||||
|Depreciation|||||17,538|17,539|
|Losses on revaluation|ofinvestments||||1,657|753|
|(Increase)/decrease
in|debtors||||(30,960)|86,069|
|(Decrease) in creditors|||||(39,424)|(79,294)|
|Net cash (used in)/provided||by|operating activities||||
|Changes
in cash and cash|equivalents|||in the year|(31,897)|518,215|
|Net cash and cash equivalents||at|the start ofthe year||1,037,512|519,297|
|Net cash and cash equivalents|||at the end ofthe year||||
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||6||6|6|
|---|---|---|---|---|
|Donations|237,912|57,261|295,173|300,194|
|Grants|64,217|144,619|208,836|822,762|
|Fun draising events|27,022||27,022|27,429|
||329,151|201,880|531,031|1,150,385|
|4.Income from|charitable|activities|||
|---|---|---|---|---|
||RIEREERRRER~||||
||6|6|6|6|
|Mental health services income|1,181,443||1,181,443|1,243,289|
|Schools income|121,042||121,042|99,723|
||1,302,485||1,302,485|1,343,012|
##
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||||6|6|6|6|
|---|---|---|---|---|---|---|
|Staff|costs||129,564||129,564|98,195|
|Other|direct|costs|49,337||49,337|23,733|
||||178,901||178,901|121,928|
##
||||ERR~~K!%%88|ERR~~K!%%88|ERR~~K!%%88|ERR~~K!%%88|ERR~~K!%%88|
|---|---|---|---|---|---|---|---|
||||6|6|6|6|E|
|Staff costs|||262,833|699,888|401,855|1,364,576|909,336|
|Activities undertaken||directly|18,512|46,040||64,552|853,259|
|Premises costs allocated|||3,284|17,736|9,352|30,372|48,798|
|Support costs allocated|||19,669|51,451|86,616|157,736|53,715|
|Governance|(see table|below)|||21,515|21,515|14,855|
||||304,298|815,115|519,338|1,638,751|1,879,963|
|Audit||||||8,109|5,203|
|Staff costs||||||13,406|9,652|
|Trustees' expenses||||||||
|||||||21,515|14,855|
##
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|Staff costs were as follows:|||
|---|---|---|
|Wages and salaries|1,352,860|914,386|
|Social security costs|116,317|75,869|
|Pension costs|38,369|26,928|
|Total staff costs|1,507,546|1,017,183|
##
|||||Average no.|FTE no.|Average no.|FTE no.|
|---|---|---|---|---|---|---|---|
|Fundraising||||5.8|3.2|3.8|2.0|
|Charitable|activities|||40.0|32.9|33.3|22.3|
|Governance|||||0.1||0.1|
|Other||||14.5|9.9|12.3|7.3|
|Average number||ofemployees|employed|60.3|46.1|49.4|31.7|
|during the|year:|||||||
|No.|No.|
|---|---|
|2|1|
##
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|Costs ofthe scheme to the|charity for the|year|34,939|24,386|
|---|---|---|---|---|
|Amount ofany contributions|outstanding|atthe year end|3,430|2,542|
||||38,369|26,928|
##
|Cost||||
|---|---|---|---|
|At 1 April 2021|175,384|2,818|178,202|
|At 31 March 2022|175,384|2,818|178,202|
|Depreciation||||
|At 1 April 2021|122,769|2,818|125,587|
|Charge for year|17,538||17,538|
|At 31 March 2022|140,307|2,818|143,125|
|Net book value||||
|At 31 March 2021|52,615||52,615|
|At 31 March 2022|35,077||35,077|
##
|Cost|||
|---|---|---|
|At 1 April 2021|55,654|56,407|
|(Loss) on revaluation|(1,657)|(753)|
|At 31 March 2022|53,997|55,654|
|Investment
income|E|E|
|Bank deposit income|3,664|1,067|
|Dividend
income|1,421|1,328|
||5,085|2,395|
##
|Due within one year:|||
|---|---|---|
|Trade debtors|77,425|43,559|
|Other debtors|750|11,253|
|Prepayments|12,945|8,235|
|Accrued income|5,003|2,116|
||96,123|65,163|
##
|Amounts
falling due within one year:|5|6|
|---|---|---|
|Trade creditors|35,986|53,197|
|Other creditors|8,137|5,931|
|Accruals|34,244|89,721|
|Deferred income (see note 14)|144,657|84,073|
|Social security and other taxes|30,274|59,800|
||253,298|292,722|
##
|||5|5|
|---|---|---|---|
|Balance|at 1 April 2021|84,073|191,601|
|Income|deferred|1,074,989|717,860|
|Income|released to SOFA|(1,014,405)|(825,388)|
|Balance|at 31 March 2022|144,657|84,073|
##
|Unrestricted
funds||||||||
|---|---|---|---|---|---|---|---|
|General funds||369,900|1,636,721||(1,657)|(1,643,304)|361,660|
|Designated
funds||||||||
|Portakabin
depreciation||52,615||||(17,538)|35,077|
|Investment
fund||390,000|||||390,000|
|Total designated|funds|442,615||||(17,538)|425,077|
|Total unrestricted|funds|812,515|1,636,721||(1,657)|(1,660,842)|786,737|
|Restricted funds||||||||
|Youth work —communities||50,385|56,117|(10,000)||(45,131)|51,371|
|Youth work —schools||19,732|107,763|10,000||(60,485)|77,010|
|Development||25,000|22,000|||(25,000)|22,000|
|Support costs||10,590|16,000|||(26,194)|396|
|Total restricted
funds||105,707|201,880|||(156,810)|150,777|
|Totalfunds||918,222|1,838,601||(1,657)|(1,817,652)|937,514|
##
|||E|E|E|E|
|---|---|---|---|---|---|
|Fixed assets||53,997|35,077||89,074|
|Current|assets|560,961|390,000|150,777|1,101,738|
|Current|liabilities|(253,298)|||(253,298)|
|Long-term
liabilities||||||
|||361,660|425,077|150,777|937,514|
##
|||IIIMMIIII!IIII|IIIMMIIII!IIII|IIIMMIIII!IIII|IIIMMIIII!IIII|IIIMMIIII!IIII|IIIMMIIII!IIII|
|---|---|---|---|---|---|---|---|
|Income and endowments||||||||
|Donations
and legacies||443,003|390,000|833,003|317,382|1,150,385|545,865|
|Charitable
activities||1,343,012||1,343,012||1,343,012|1,265,910|
|Investment
income||2,395||2,395||2,395|2,678|
|Total income||1,788,410|390,000|2,178,410|317,382|2,495,792|1,814,453|
|Expenditure||||||||
|Raising funds||121,928||121,928||121,928|123,903|
|Charitable
activities||1,526,311|17,539|1,543,850|336,113|1,879,963|1,771,438|
|Total expenditure||1,648,239|17,539|1,665,778|336,113|2,001,891|1,895,341|
|Net income/(expenditure)||140,171|372,461|512,632|(18,731)|493,901|(80,888)|
|before investments||||||||
|gain/(loss)||||||||
|Net (loss)/gain
on||(753)||(753)||(753)|787|
|investments||||||||
|Net income/(expenditure)||139,418|372,461|511,879|(18,731)|493,148|(80,101)|
|after investments|gain/|||||||
|(loss)||||||||
|Transfers between funds||||||||
|Net movement
in funds||139,418|372,461|511,879|(18,731)|493,148|(80,101)|
|Reconciliation
offunds||||||||
|Total funds brought||230,482|70,154|300,636|124,438|425,074|505,175|
|forward
1 April 2020||||||||
|Total funds carried||369,900|442,615|812,515|105,707|918,222|425,074|
|forward 31 March|2021|||||||
SPECIAL
THANKS
YOU'RQ N
4r