2021-09-30-accounts - Sight Concern Bedfordshire

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Trustees (who actas Directors	Trustees (who actas Directors	Trustees (who actas Directors	Trustees (who actas Directors		Adrian Spurrell	Chair
for the purposes			ofthe Companies	Act)	Joanna Jameson
					David Mitchell
					Diana Gibson-Birch
					Calli O' Brien
Secretary					Carol O' Brien
Chief Executive Officer					Carol O' Brien
Charity number					1117209
Company	number				05966120
Registered					St Bedes
8 principal		office			116Bromham	Road
					Bedford
					MK40 2QN
Independent		Examiner			Louise Tunley	FCA CTA	DChA
					19Goldington	Road
					Bedford
					MK40 3JY
Bankers					CAF Bank Limited
					25 Kings Hill Avenue
					West Mailing
					Kent
					ME194JQ
					Scottish Widows Bank Pic
					67 Morrison Street
					Edinburgh
					EH3 8YJ
					The Charity Bank Limited
					Fosse House
					182High Street
					Tonbridge
					TN9 1BE
					Nationwide Building Society
					Kings Park Road
					Moulton Park
					Northampton
					NN3 6NW
Solicitors					HCB Solicitors	(formerly	Park Woodfine	Heald Mellows)
					1 Lurke Street
					Bedford
					MK40 3TN

			2021	2021	2021	2020
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
Income from:		Notes	8	2	2	2
Donations and legacies Charitable activities Other trading activities Investments Other		4 5 6 7 8	15,928 20,378 1,025 4,906	268,364	15,928 288,742 1,025 4,906	19,686 295,664 3,496 6,772
Total income			42,237	268,364	310,601	325,618
Expenditure on:
Raising funds Charitable activities		9 9	190 43,763	238,238	190 282,001	194 376,871
Total expenditure			43,953	238,238	282,191	377,065
(Loss)/gain on revaluation of investment	assets	16	13,291		13,291	(8,421)
Net income/(expenditure)			11,575	30,126	41,701	(59,868)
Net movement in funds			11,575	30,126	41,701	(59,868)
Reconciliation of funds:
Total funds brought forward			518,073	30,855	548,928	608,796
Total funds carried forward		19,20	529,648	60,981	590,629	548,928

As at 30Sept	embe	r 2021
			Notes		2021		2020
Fixed assets
Tangible Assets Investments			15 16	3,543 104,010		6,410 90,672
Total fixed assets					107,553		97,082
Current assets
Stocks				6,548		6,224
Debtors			17	24,761		54,649
Bank and cash balances				492,943		446,712
Total current assets				526,252		507,585
Liabilities:
Creditors: amounts	falling	due	18	(43,176)		(55,739)
within one year
Net current assets					483,076		451,846
Total assets less current		liabilities			590,629		548i928
Net assets					590,629		548,928
The funds ofthe charity: Unrestricted income funds			19		529,646		518,073
Restricted income funds			20		60,981		30,855
Total charity funds					590,629		548,928

					Note	2021	2020
Cash flows from operating		activities:
Net cash	used in operating	activities			26	41,372	(26,113)
Cash flows from investing		activities:
Interest, Payments Payments	dividend and rental income to acquire tangible fixed assets to acquire fixed asset investments					4,906 (47)	3,496 (2,757)
Net cash	used in investing	activities				4,859	739
Change	in cash and cash	equivalents	in	the year		46,231	(25,374)
Cash and	cash equivalents	at the beginning		ofthe year		446,712	472,086
Cash and cash equivalents		at the end	of	the year		492,943	446,712

Comparative Statement	Comparative Statement	of Financial A	ctivities
The Statement of Financial		Activities for	the year	ended 30' September 2020 is presented		for
illustrative purposes.				Unrestricted	Restricted	Total
				Funds	Funds	Funds
				2020	2020	2020
				2	8	2
Income:
Donations and legacies Charitable activities				19,686 13,935	281,729	19,686 295,664
Investments				3,496		3,496
Other				6,772		6,772
Total income				43,889	281,729	325,618
Expenditure: Raising Funds Charitable Activities				194 121,102	255,769	194 376,871
Total expenditure				121,296	255,769	377,065
(Loss)/gain on revaluation		of investment	assets	(8,421)		(8,421)
Net incomel(expenditure)				(85,828)	25,960	(59,868)
Reconciliation of funds:
Total Funds brought	forward			603,901	4,895	608,796
Total Funds carried	forward			518,073	30,855	548,928

Income from ch	aritable activities (continu	ed)
		Unrestricted	Restricted	Total	Tots I
		2021	2021	2021	2020
		2	2	2	2
Sub total brought	forward	14,202	268,364	282,566	288,929
Other services:
Resource centre	sales	107		107	671
Low vision clinic	sales and service income	6,069		6,069	5,935
Training services provided					3
Events for Service Users					126
		20,378	268,364	288,742	295,664

Other trading activities	Other trading activities
		Unrestricted	Restricted	Total	Total
		2021	2021	2021	2020
		2	2	2
Advertising	income	900		900
RhlIB Goodwill trade credit		125		125
		1,025		1,025
Investment	income
		Unrestricted	Restricted	Total	Total
		2021 2	2021 2	2021 2	2020 f
Interest on	bank accounts	1,400		1,400	312
Share Dividends		3,506		3,506	3,184
All income	in 2020 was unrestricted.	4,906		4,906	3,496
Other income
		Unrestricted	Restricted	Total	Total
		2021	2021	2021	2020
		2	2	2	2
Insurance	Claim				5,907
Central Beds Resilience Payment					478
Contribution	to Kitchen Refurbishment				387
All income	in 2020 was unrestricted.				6,772

Expenditure	Expenditure
2021				Staff costs	Other costs	Depreciat- lon/(loss) on	Support costs	2021 Total
						disposal
					2	2	2	2
Charitable		Activities
Direct services				80,907	46,131	905	43,255	171,198
Management		and	Admin.	32,817	16,254	698	43,194	92,963
Governance		(Note 10)		13,100			4,740	17,840
Total for charitable			activities	126,824	62,385	1,603	91,189	282,001
Fundraising					190			190
				126,824	62,575	1,603	91,189	282,191
2020				Staff costs	Other costs	Depreciat- ion/loss on	Support costs	2020 Total
						disposal
				2	2	2	2	2
Charitable	Activities
Direct services				106,185	53,005	1,752	79,629	240,571
Management		and Admin.		47,098	18,513	385	55,292	121,288
Governance		(Note	10)	13,100	112		1,800	15,012
Total for charitable			activities	166,383	71,630	2,137	136,721	376,871
Fundraising					194			194
				166,383	71,824	2,137	136,721	377,065

Support costs is	analysed as follows:
		2021	2020	Basis	ofapportionment
		2	2
Rent, insurance	and service charges	31,229	50,639		Invoiced costs
Computer costs		310	9,851		Invoiced costs
Telephone		4,943	4,554		Invoiced costs
Printing, postage	and stationery	2,079	4,418		Invoiced costs
Repairs and renewals		17,447	20,740		Invoiced costs
Other costs		2,284	1,785		Invoiced costs
Other staff costs		5,077	5,510		Invoiced costs
Legal and professional fees		4,740	4,020		Invoiced costs
Consultancy costs		23,080	35,204		Invoiced costs
		91,189	136,721

Governance	costs
					2021	2020
					2	2
Trustee costs						112
External advisors					4,740	1,800
Staff costs					13,100	13,100
					17,840	15,012
Staff costs
					2021	2020
					2	2
Salaries					118,944	153,337
Social Security costs					2,542	3,865
Pension Costs					5,338	9,181
					126,824	166,383
No employee	earned	more than 260,000(2020:none).
The average	number	ofemployees		during the year was as follows:	2021	2020
Chief Executive Officer					1	1
Resource Centre staff			Full time
			Part time		9	12
					10	13

The net movement
	2021	2020
	2	2
Independent Examiner's fees Auditor's fees Loss on disposal Depreciation Rent on licence	4,740 1,264 1,603 23,801	1,800 2,137 34,375

Fixed assets
		Restricted
	Computer	fund
	Equipment	equipment	Total
Cost	2	2	2
At 1 October 2020 Disposals	21,564 (14,956)	13,000	34,564 (14,956)
At 30September 2021	6,608	13,000	19,608
Depreciation
At 1 October 2020 Charge for the year Disposals	18,624 735 (13,692)	9,530 868	28,154 1,603 (13,692)
At 30September 2021	5,667	10,398	16,065
Net book values
30September 2021	941	2,602	3,543
30September 2020	2,940	3,470	6,410

All ass Fixed	aritable pu	rposes.
				Unrealised
	1	Dct 2020 2	Additions 2	gain/(loss) 2	30 Sep 2021 2
United Utilities Group Pic (772) Santander (UK) Pic (507) Sarasin GlobalStar —Cautious Murray Income Trust (7,500)	Fd (2,500)	6,607 690 28,625 54,750	47	869 697 625 11,100	7,476 1,434 29,250 65,850
		90,672	47	13,291	104,010

Debtors
	2021f	2020 2
Trade debtors	13,531	34,487
Other debtors		750
Prepayments Accrued income	9,863 1,367	14,232 5,180
	24,761	54,649

Creditors: amounts	falling due within one year
		2021	2020
		2	2
Trade creditors		3,378	5,066
Taxation and social security Other creditors		925 996	1,012 4,416
Accruals and deferred	income	37,877	45,245
		43,176	55,739

included in other creditors	included in other creditors	is an amount	of pension	of2996	(2020:24,416)
outstanding at the year	end.
Deferred income
				2021	2020
				2	2
At 1 October 2020				37,854	1,437
Received during the year Released to incoming resources				202,083 (209,816)	252,756 (216,339)
At30September 2021				30,121	37,854
Income is deferred where		it relates to the following	financial year.

			Movement	in year
		Balance at	Incoming	Resources	Transfers	Balance at
		1 Oct 2020	resources	expended		30Sept 2021
		2	2	2		2
General fund		418,073	42,237		(56,498)	403,812
Designated	fund	100,000		(30,662)	56,498	125,836
		518,073	42,237	(30,662)		529,648

Net	assets held by funds		Cash
		Fixed	at bank a	Other
	2021	Assets	Investments	Assets	Creditors	Total
		2	2	2	6	2
General fund		941	538,574	33,309	(43,176)	529,648
Restricted funds		2,602	58,379			60,981
		3,543	596,953	33,309	(43,176)	590,629
			Cash
		Fixed	at bank &	Other
	2020	Assets	Investments	Assets	Creditors	Total
		2	2	2	2	9
General fund		2,940	509,999	60,873	(55,739)	518,073
Restricted funds		3,470	27,385			30,855
		6,410	537,384	60,873	(55,739)	548,928

Reconciliation of net incom	e/(expenditure) to net c	ash flow from operating	activities
		2021	2020
		2	2
Net (expenditure) for the year Adjustments for:		41,701	(59,868)
Depreciation charges		1,603	2,137
Loss/(gains) on disposal		1,264
Losses/(gains) on investments Dividends, interest and rents from investments Decrease/(increase) in stocks Decrease/(increase) in debtors Increase/(decrease in creditors		(13,291) (4,906) (2,324) 29,888 (12,563)	8,421 (3,496) 514 8,304 17,875
Net cash provided by operating	activities	41,372	(26,113)