**REGISTERED COMPANY NUMBER: 05551121 (England and Wales) REGISTERED CHARITY NUMBER: 1113403**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 FOR**
## **ANXIETY UK**
Shenward (Leeds) Limited Chartered Accountants & Business Advisors Josephs Well Suite 2C Hanover Walk Leeds West Yorkshire LS3 1AB
**ANXIETY UK**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Statement of Trustees Responsibilities|4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Statement of Cash Flows|8|
|Notes to the Statement of Cash Flows|9|
|Notes to the Financial Statements|10 to 17|
|Detailed Statement of Financial Activities|18 to 19|
**ANXIETY UK**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
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 December 2020. 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 2015).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The charity's (Objects) are specifically restricted to the following: (1) to promote the relief and rehabilitation of persons affected by anxiety disorders and related conditions (including the individuals themselves, their friends, their relatives and the general population) and to ensure and promote the wider health and wellbeing of mankind; (2) to advance the education of the general public so as to enable them to better understand anxiety disorders and related conditions for the better good of mankind.
The objectives are achieved by providing a range of services including:
1. National telephone helpline, email, instant messaging and text support services
2. Website and online members' forum
3. Information services including information booklets (e.g.) 'Understanding Anxiety' and the 'Caregivers Guide to Anxiety' and Anxiety UK's quarterly magazine: Anxious Times
4. Volunteering and engagement opportunities for those affected by anxiety, stress and anxiety-based depression 5. Social media support and awareness activities
6. Access to a range of talking therapies through the Anxiety UK Approved Therapist scheme where Cognitive Behavioural Therapy (CBT), counselling, Compassion Focused Therapy (CFT) and clinical hypnotherapy are available. A national clinical acupuncture service is also provided.
7. Calm Club, relaxation service based on the principles of clinical hypnotherapy
8. Peer-led online anxiety support groups and therapist-led, anxiety management courses based on the principles of CBT, CFT and Acceptance and Commitment Therapy (ACT).
9. Training, webinar, consultancy and awareness activities including campaigning on issues of relevance to Anxiety UK beneficiaries
10. Provision of CPD and training for Anxiety UK Approved Therapists
11. Access to discounted and free to access products including apps, devices and products such as weighted blankets and Mood Cards
12. Delivery of assessment, helpline, training, information and therapy services for beneficiaries of partner agencies
13. Supporting research into anxiety disorders through Anxiety UK's 'Katharine & Harold Fisher Anxiety Research Fund'
## **ACHIEVEMENT AND PERFORMANCE**
The main achievements during the year were:
1. Moving the entire Anxiety UK service offer and charity's functions online so as to ensure that no disruption to services has been experienced throughout and continuing through the COVID-19 pandemic.
2. Provided training for Anxiety UK Approved Therapists on Compassion Focused Therapy.
3. Launch of a new Compassion Focused Therapy (CFT)service
4. Launch of online, peer-led and therapist-led groups and courses
5. Launch of a new online, Therapy on Demand Service (TOD)
6. Launch of a new relaxation service - "Calm Club", based on the principles of clinical hypnotherapy
7. Launched a new partnership with the Institution of Structural Engineers (IStructE) Benevolent Fund
8. Awarded the 2020 funding allocation through the Katharine & Harold Fisher Anxiety Research Fund to a biostatistician to undertake quantitative research on Anxiety UK's therapy services
9. Developed and extended the Anxiety UK member benefit offer to include discounts on Mood Club Cards 10. Launched a new website: anxietyuk.org.uk
11. Revised a number of Anxiety UK's key titles including: Understanding Anxiety and, the Caregivers Guide to Anxiety and produced a booklet on 'coping with lockdown'.
12. Celebrated Anxiety UK's 50th year via the commissioning of three commemorative paintings now featured in an online exhibition.
13. Launched a data security review project to include review of all the charity's key IT providers and platforms. 14. Expanded the charity's national participation group
15. Expanded the hours of operation of the helpline and associated services during the first wave of the pandemic to include weekends and evenings.
Page 1
**ANXIETY UK**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
## **FINANCIAL REVIEW**
The Charity continued to increase its income and profitability in 2020 with a surplus of £185,199 achieved in spite of the challenges faced by the small staff team as a result of the pandemic, responding to high levels of need and working remotely.
Areas where financial performance was strong included:
1. Therapy services
2. Membership renewal subscriptions
3. Lifetime and therapist membership subscriptions
4. Individual donations and fundraising and fundraising initiatives
5. Online shop sales
Areas where expenditure was unplanned included:
1. Helpline - as a result of substantially increasing the hours of opening of the helpline during the first wave of the pandemic
2. IT support - as a result of further strengthening the charity's IT services
3. Professional fees
## **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 Articles of Association dated 1st September 2005. It is registered as a charity with the Charity Commission with effect from 23rd March 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
05551121 (England and Wales)
**Registered Charity number** 1113403
## **Registered office**
Nunes House 447 Chester Road Old Trafford Manchester M16 9HA
## **Trustees**
Mrs A Boden Therapist - resigned 4.12.20 R M Kadama It Entrepreneur Dr D J J Britto Consultant Psychiatrist Ms C Garford Accountant - appointed 7.11.20 Ms T Torrero-Quicios Administrator - appointed 25.7.20 - resigned 3.1.21
## **Company Secretary**
Ms N M Lidbetter
## **Independent examiner**
Shenward (Leeds) Limited Chartered Accountants & Business Advisors Josephs Well Suite 2C Hanover Walk Leeds West Yorkshire LS3 1AB
## **EVENTS SINCE THE END OF THE YEAR**
Information relating to events since the end of the year is given in the notes to the financial statements.
Page 2
**ANXIETY UK**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020**
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. R M Kadama - Trustee
Page 3
**ANXIETY UK**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The board of trustees administers the charity. The board normally meets in a face to face capacity on a quarterly basis with occasional additional meetings convened by teleconference, as required. The Chief Executive is appointed by the trustees to manage the day-to-day operations of the charity.
The charity trustees (who are also the directors of Anxiety UK for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for the safeguarding of assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Company law requires the charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:
1. Select suitable accounting principles and then apply them consistently;
2. Observe the methods and principles in the applicable Charities SORP;
3. Make judgements and estimates that are reasonable and prudent;
4. State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
5. Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business.
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANXIETY UK**
## **Independent examiner's report to the trustees of Anxiety UK ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
## **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 Institute of Chartered Accountants of Scotland 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
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
4. 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
Sherad Dewedi
Institute of Chartered Accountants of Scotland Shenward (Leeds) Limited Chartered Accountants & Business Advisors Josephs Well Suite 2C Hanover Walk Leeds West Yorkshire LS3 1AB
Date: .............................................
Page 5
**ANXIETY UK**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2019
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 93,390 63,612
Charitable activities 3
Charitable 600,322 799,670
Other income 15,408 24,691
Total 709,120 887,973
EXPENDITURE ON
Raising funds 4 5,104 7,697
Charitable activities 5
Therapy & workshops 108,650 166,220
Employment costs 217,562 198,209
Conferences, training & events 3,344 16,810
Design & print of newsletter & information 9,803 12,222
Telephone & text services 4,733 3,088
Website development & hosting 8,037 17,862
Staff expenses 602 802
Support costs 8,500 8,480
Other 157,586 112,017
Total 523,921 543,407
NET INCOME 185,199 344,566
RECONCILIATION OF FUNDS
Total funds brought forward 1,157,123 812,557
TOTAL FUNDS CARRIED FORWARD 1,342,322 1,157,123
**----- End of picture text -----**
The notes form part of these financial statements
Page 6
**ANXIETY UK**
## **STATEMENT OF FINANCIAL POSITION AT 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2019
Unrestricted Total
fund funds
Notes £ £
FIXED ASSETS
Tangible assets 12 328,174 334,051
CURRENT ASSETS
Stocks 13 2,732 2,732
Debtors 14 32,764 41,109
Cash at bank 1,122,662 969,165
1,158,158 1,013,006
CREDITORS
Amounts falling due within one year 15 (4,392) (48,040)
NET CURRENT ASSETS 1,153,766 964,966
TOTAL ASSETS LESS CURRENT LIABILITIES 1,481,940 1,299,017
ACCRUALS AND DEFERRED INCOME 16 (139,618) (141,894)
NET ASSETS 1,342,322 1,157,123
FUNDS 17
Unrestricted funds 1,342,322 1,157,123
TOTAL FUNDS 1,342,322 1,157,123
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 on ............................................. and were signed on its behalf by:
.............................................
R M Kadama -Trustee
The notes form part of these financial statements
Page 7
**ANXIETY UK**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2019
Notes £ £
Cash flows from operating activities:
Cash generated from operations 1 164,831 412,957
Net cash provided by (used in) operating
activities 164,831 412,957
Cash flows from investing activities:
Purchase of tangible fixed assets (11,334) (20,925)
Net cash provided by (used in) investing
activities (11,334) (20,925)
Change in cash and cash equivalents in the
reporting period 153,497 392,032
Cash and cash equivalents at the beginning of
the reporting period 969,165 577,133
Cash and cash equivalents at the end of the
reporting period 1,122,662 969,165
**----- End of picture text -----**
The notes form part of these financial statements
Page 8
**ANXIETY UK**
**NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020 2019
£ £
Net income for the reporting period (as per the statement of financial
activities) 185,199 344,566
Adjustments for:
Depreciation charges 17,210 14,736
Increase in stocks - (1,417)
Decrease in debtors 8,346 16,765
(Decrease)/increase in creditors (45,924) 38,307
Net cash provided by (used in) operating activities 164,831 412,957
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.20 Cash flow At 31.12.20
£ £ £
Net cash
Cash at bank 969,165 153,497 1,122,662
Total 969,165 153,497 1,122,662
**----- End of picture text -----**
Page 9
**ANXIETY UK**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **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 2015)', 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.
## **Critical accounting judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Details of these judgements can be found in the accounting policies.
## **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**
## **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% on reducing balance|
|---|---|
|Improvements to property|- 10% on cost|
|Fixtures and fittings|- 25% on cost|
|Computer equipment|- 33% on cost|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the income statement.
## Impairment of fixed assets
At each reporting end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
At each reporting end date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its cost and net realisable value is recognised as an impairment loss in the income statement. Reversals of impairment losses are also recognised in the income statement.
Page 10
**ANXIETY UK**
**NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1. ACCOUNTING POLICIES - continued**
## **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.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Going concern**
The trustees have considered the ongoing situation regarding COVID-19 as part of their going concern assessment. The view of the trustees is that, whilst they acknowledge the significant disruption that the pandemic has brought and will continue to bring over the coming months, they believe that the company is well placed to negotiate the unique set of conditions currently facing the UK economy. However, in assessing the unknown short, medium and long-term effects of this pandemic, they acknowledge there is a material uncertainty.
In reaching their conclusion, the trustees have considered the post year end trading performance and have also considered the availability of funding both internally and externally.
The company will continue to make use of the various financial support measures announced by the UK Government where applicable.
After consideration of all factors, the directors continue to adopt the going concern basis in preparing the financial statements.
## **2. DONATIONS AND LEGACIES**
## **3.**
|Donations
**INCOME FROM CHARITABLE ACTIVITIES**
**Activity**
Partnerships
Charitable
Sale of self help products
Charitable
Therapies
Charitable
Membership subscriptions
Charitable|2020
£
93,390
2020
£
257,946
16,613
104,064
221,699
600,322|2019
£
63,612
2019
£
458,879
25,922
71,209
243,660
799,670|
|---|---|---|
Page 11
**ANXIETY UK**
**NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **4. RAISING FUNDS**
## **Other trading activities**
|Opening stock
Purchases
Closing stock
Bad debts|2020
£
2,732
4,987
(2,732)
117
5,104|2019
£
1,315
9,114
(2,732)
-
7,697|
|---|---|---|
## **5. CHARITABLE ACTIVITIES COSTS**
|Therapy & workshops
Employment costs
Conferences, training & events
Design & print of newsletter & information
Telephone & text services
Website development & hosting
Staff expenses
Support costs||Direct costs
Totals
£
£
108,650
108,650
217,562
217,562
3,344
3,344
9,803
9,803
4,733
4,733
8,037
8,037
602
602
8,500
8,500|
|---|---|---|
|||361,231
361,231|
|**SUPPORT COSTS**
Other resources expended|Management
£
40,844|Information
Finance
technology
£
£
17,306
27,285|
|Human
resources
£
Other resources expended
7,558|Other
£
33,622|Governance
costs
Totals
£
£
6,690
133,305|
## **6. SUPPORT COSTS**
Support costs, included in the above, are as follows:
|2020
Other
resources
expended
Total
£
Rates and water
3,458
Insurance
6,863
Light and heat
1,711
Telephone
21,582
Postage and stationery
5,896
Advertising
699
Sundries
635
Bank charges
96
Depreciation of tangible fixed assets
17,210
Carried forward
58,150|2019
activities
£
4,335
5,243
2,630
7,210
18,682
-
1,149
-
14,736
53,985|
|---|---|
Page 12
**ANXIETY UK**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **6. SUPPORT COSTS - continued**
|2020
Other
resources
expended
Total
£
Brought forward
58,150
Computer costs
25,543
Staff costs
1,742
Pensions
3,823
Staff welfare and support
1,583
HR Support
2,152
Professional fees
25,043
Accountancy and legal fees
8,579
Auditors' remuneration
1,500
Auditors' remuneration for non audit work
5,190
133,305
**7.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
2020
£
Depreciation - owned assets
17,211
**8.**
**AUDITORS' REMUNERATION**
2020
£
Fees payable to the charity's auditors for the audit of the charity's financial
statements
1,500
Auditors' remuneration for non audit work
5,190|2019
activities
£
53,985
16,663
-
3,344
1,320
2,690
5,786
9,940
1,500
1,950
97,178
2019
£
14,734
2019
£
1,500
1,950|
|---|---|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Page 13
**ANXIETY UK**
**NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **10. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Management and administration
No employees received emoluments in excess of £60,000.
**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Charitable
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Therapy & workshops
Employment costs
Conferences, training & events
Design & print of newsletter & information
Telephone & text services
Website development & hosting
Staff expenses
Support costs
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|2020
2019
£
£
217,582
198,209
3,823
3,344
221,405
201,553
2020
2019
7
7
Unrestricted
fund
£
63,612
799,670
24,691
887,973
7,697
166,220
198,209
16,810
12,222
3,088
17,862
802
8,480
112,017
543,407
344,566
812,557
1,157,123|
|---|---|
Page 14
**ANXIETY UK**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **12. TANGIBLE FIXED ASSETS**
|Freehold
Improvements
Fixtures and
Computer
property
to property
fittings
equipment
£
£
£
£
**COST**
At 1 January 2020
297,681
32,912
21,716
27,253
Additions
-
-
-
11,334
At 31 December 2020
297,681
32,912
21,716
38,587
**DEPRECIATION**
At 1 January 2020
9,907
5,982
17,536
12,086
Charge for year
5,954
3,292
1,724
6,241
At 31 December 2020
15,861
9,274
19,260
18,327
**NET BOOK VALUE**
At 31 December 2020
281,820
23,638
2,456
20,260
At 31 December 2019
287,774
26,930
4,180
15,167
**13.**
**STOCKS**
2020
£
Stocks
2,732
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2020
£
Trade debtors
21,593
Credit card
218
Prepayments and accrued income
10,953
32,764
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2020
£
Trade creditors
3,727
Social security and other taxes
-
Other creditors
665
Credit card
-
4,392
**16.**
**ACCRUALS AND DEFERRED INCOME**
2020
£
Accruals and deferred income
139,618|Totals
£
379,562
11,334
390,896
45,511
17,211
62,722
328,174
334,051
2019
£
2,732
2019
£
13,623
-
27,486
41,109
2019
£
42,751
4,080
-
1,209
48,040
2019
£
141,894|
|---|---|
Page 15
**ANXIETY UK**
**NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **17. MOVEMENT IN FUNDS**
|Net movement
At 1.1.20
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
1,157,123
185,199
1,342,322
**TOTAL FUNDS**
1,157,123
185,199
1,342,322
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
709,120
(523,921)
185,199
**TOTAL FUNDS**
709,120
(523,921)
185,199
**Comparatives for movement in funds**
Net movement
At 1.1.19
in funds
At 31.12.19
£
£
£
**Unrestricted Funds**
General fund
812,557
344,566
1,157,123
**TOTAL FUNDS**
812,557
344,566
1,157,123
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
887,973
(543,407)
344,566
**TOTAL FUNDS**
887,973
(543,407)
344,566
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.1.19
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
812,557
529,765
1,342,322
**TOTAL FUNDS**
812,557
529,765
1,342,322|Net movement
At 1.1.20
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
1,157,123
185,199
1,342,322
**TOTAL FUNDS**
1,157,123
185,199
1,342,322
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
709,120
(523,921)
185,199
**TOTAL FUNDS**
709,120
(523,921)
185,199
**Comparatives for movement in funds**
Net movement
At 1.1.19
in funds
At 31.12.19
£
£
£
**Unrestricted Funds**
General fund
812,557
344,566
1,157,123
**TOTAL FUNDS**
812,557
344,566
1,157,123
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
887,973
(543,407)
344,566
**TOTAL FUNDS**
887,973
(543,407)
344,566
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.1.19
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
812,557
529,765
1,342,322
**TOTAL FUNDS**
812,557
529,765
1,342,322|Net movement
At 1.1.20
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
1,157,123
185,199
1,342,322
**TOTAL FUNDS**
1,157,123
185,199
1,342,322
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
709,120
(523,921)
185,199
**TOTAL FUNDS**
709,120
(523,921)
185,199
**Comparatives for movement in funds**
Net movement
At 1.1.19
in funds
At 31.12.19
£
£
£
**Unrestricted Funds**
General fund
812,557
344,566
1,157,123
**TOTAL FUNDS**
812,557
344,566
1,157,123
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
**Unrestricted funds**
General fund
887,973
(543,407)
344,566
**TOTAL FUNDS**
887,973
(543,407)
344,566
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.1.19
in funds
At 31.12.20
£
£
£
**Unrestricted funds**
General fund
812,557
529,765
1,342,322
**TOTAL FUNDS**
812,557
529,765
1,342,322|
|---|---|---|
||||
|||344,566|
||||
|||344,566|
||||
||At 31.12.20
£
1,342,322
1,342,322||
Page 16
**ANXIETY UK**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2020**
## **17. MOVEMENT IN FUNDS - continued**
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
£
1,597,093
1,597,093|Resources
Movement in
expended
funds
£
£
(1,067,328)
529,765
(1,067,328)
529,765|
|---|---|---|
## **18. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2020.
## **19. POST BALANCE SHEET EVENTS**
1. The director, Zaida Torrero Quicios, was appointed on 25 July 2020 and subsequently resigned on 03 January 2021.
2. On 30 January 2020, the World Health Organisation (WHO) announced COVID-19 as a global health emergency. On 11 March 2020, it announced that COVID-19 was a global pandemic which has had a significant impact on the worldwide economy. The trustees are aware of the effects that this may subsequently have on the company and have reviewed and adopted the relevant operational strategies to safeguard the business for the ensuing 12 months.
The first known cases of COVID-19 and the subsequent lockdown of the UK economy arose prior to the year end. Consequently, whilst preparing the financial statements the trustees have considered the impact of the COVID-19 pandemic on certain disclosures and on the measurement of certain account balances. The trustees, in line with relevant guidance, have considered the likelihood of any post year end impairment to asset values and have concluded that no such impairment has arisen. Accordingly, there has been no material diminution in asset values following the year end.
Page 17
**ANXIETY UK**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2019
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 93,390 63,612
Charitable activities
Partnerships 257,946 458,879
Sale of self help products 16,613 25,922
Therapies 104,064 71,209
Membership subscriptions 221,699 243,660
600,322 799,670
Other income
Bank interest 18 3,446
Other income 4,227 140
Training 4,800 17,236
Consultancy & meetings 1,000 900
DBS Reimbursement 330 120
Misc income 100 577
Postage income - 40
Travel reimbursement 333 1,562
Website advertising 4,600 670
15,408 24,691
Total incoming resources 709,120 887,973
EXPENDITURE
Other trading activities
Opening stock 2,732 1,315
Purchases 4,987 9,114
Bad debts 117 -
Closing stock (2,732) (2,732)
5,104 7,697
Charitable activities
Wages 217,582 198,209
Therapy & workshops 108,650 166,220
Conferences, training & events 3,344 16,810
Design & print of newsletter 9,803 12,222
Telephone 4,733 3,088
Website development & hosting 8,037 17,862
Staff expenses 582 802
Support costs 8,500 8,480
361,231 423,693
Other
Minor equipment 103 1,168
Repairs and maintenance 4,500 13,671
-
Exceptional items 19,678
24,281 14,839
**----- End of picture text -----**
## **Support costs**
This page does not form part of the statutory financial statements
Page 18
**ANXIETY UK**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2019
£ £
Management
Rates and water 3,458 4,335
Insurance 6,863 5,243
Light and heat 1,711 2,630
Telephone 21,582 7,210
Postage and stationery 5,896 18,682
Advertising 699 -
Sundries 635 1,149
40,844 39,249
Finance
Bank charges 96 -
Freehold property 5,954 5,954
Improvements to property 3,291 2,691
Fixtures and fittings 1,724 1,724
Computer equipment 6,241 4,367
17,306 14,736
Information technology
Computer costs 25,543 16,663
Staff costs 1,742 -
27,285 16,663
Human resources
Pensions 3,823 3,344
Staff welfare and support 1,583 1,320
HR Support 2,152 2,690
7,558 7,354
Other
Professional fees 25,043 5,786
Accountancy and legal fees 8,579 9,940
33,622 15,726
Governance costs
Auditors' remuneration 1,500 1,500
Auditors' remuneration for non audit work 5,190 1,950
6,690 3,450
Total resources expended 523,921 543,407
Net income 185,199 344,566
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 19