2020-12-31-accounts

Charity Registration No, 1119324

SILVER STAR DIABETES

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

John Cumming Ross Limited Chartered Certified Accountants 1st Floor, Kirkland House

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11-15 Peterborough Road Harrow Middlesex HA1 2AX

SILVER STAR DIABETES LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Ms R E Carter MBE
	Dr D McConnell
Charity number	1119324
Principal address	201 Uppingham Road
	Leicester
	LE5 4BQ
Independent examiner	D P Unarket
	John Cumming Ross Limited
	Chartered Certified Accountants
	1st Floor, Kirkland House
	11-15 Peterborough Road
	Harrow	;
	HA1 2AX
Bankers	TSB
	The Roundway
	284a Humberstone Lane
	Leicester
	LE49JN

SILVER STAR DIABETES CONTENTS

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	Page
Trustees' report	1-3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notestothefinancialstatements	7-13

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SILVER STAR DIABETES TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 eee

The trustees present their report and financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's declaration of trust deed dated 26 March 2007 the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)"

Objectives and activities

The charity's objects are: 1. To educate and train the general public in the United Kingdom in all matters relating to diabetes and related diseases, including in particular its causes, symptoms and treatment, research into it, and the problems faced by the people who suffer from it. 2. To promote and protect the physical and mental health of persons suffering from diabetes, by providing screening facilities, equipment and services.

1. To promote research into diabetes and to publish the useful results of such research. 4. To apply the income and the capital of the charity for such other charitable purposes and such registered charities as the trustees in their absolute discretion think fit from time to time.

TheCharitytrustees meet regularly to review its affairs.The trustees have paid due regard to guidance issued by the Commission in deciding what activities the charity should undertake. We have referred to the Charity Commission's General Guidance on Public Benefit in the review of our work presented in this report. The charity believes it has demonstrated that it provides a public benefit through the services it provides and the target groups which it seeks to help.

Achievements and performance

In 2019 Silver Star Diabetes launched the first ever Diabetes Village Initiative in the UK in partnership with the NHS Leicester City Clinical Commission Group at the Merlyn Vaz Health & Social Care Centre, 1 Spinney Hill Road, Leicester. The Diabetes Village aims to provide complete diabetes care and support under one roof. The Village is open every Thursday between 10am-4pm. Unfortunately, due to the COVID-19 pandemic, as per government regulations, the Diabetes village had to be temporarily closed. To combat this, Silver Star Diabetes launched The Diabetes Chai Chat. These were meetings held via zoom between the general public and doctors and other health professionals. The purpose of the meetings were to have chats with other members of the Diabetes community to share information in an informal setting. The weekly chat allowed diabetes patients, their families and practitioners from Leicester, London, Morocco, India and Bangladesh to share information on an informal basis about current issues and concerns. The Diabetes Chai Chat has held over 60 sessions during the pandemic, and over 6,500 people have attended the sessions. Diabetics amongst the Leicester community are rapidly rising. Almost 30,000 people have been diagnosed ~ a 33% jump in just 5 years. The rate of diagnosis of 8.9% in Leicester is also higher compared to the national average of 6.4%.

Due to the COVID-19 pandemic, the Silver Star Mobile Diabetes Units (MDUs') were unable to make visits to local public. Instead, the charity carried out innovative campaigns through various social media events to raise awareness of Diabetes.

In a normal scenario, as Silver Star Diabetes is commissioned by Local Authorities such as the London Borough of Barnet, London Borough of Brent, London Borough of Enfield, the London Borough of Harrow as well as the Hinckley and Bosworth Borough Council, Nottingham City Council and Leicester City Council, the charity's MDUs' would have been at different venues for visits and tested thousands of people.

Once again, due to COVID-19, the road show for NHS Diabetes Prevention Week was cancelled. Similarly, the charity's MDUs' would normally be positioned across the country at mosques, temples, gurudwara's and churches during the major religious festivals. This was not possible due to government imposed restrictions however the charity did carry out social media events and zoom meeting events during this time.

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SILVER STAR DIABETES TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 meee

The charity continued working in partnership with the Leicester Diabetes Centre and donated a treadmill in 2016 to the centre to help progress research into Type 2 diabetes. This life saving equipment can be of direct benefit to the Leicester Diabetes Centre and also to thousands of local people who are now able to be assessed in a more effective way.

The charity received donations from individuals and corporate supporters as weil as raising funds from Diabetes Walk event. The charity also works in partnership with a number of Lions and Rotary Clubs around the country.

Financial review

The charity has maintained a progressive level of income. The trustees ensure that there are always sufficient funds in reserves to maintain their activities should there be any decline in donations.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The charity is to continue providing free diabetic testing and information about diabetes across the United Kingdom with visits from the MDUs'. As a result of the Coronavirus (COVID-19) and the government enforced lockdown, the MDU visits had to be put on hold. During this period, the charity started online zoom group sessions where they could give advice to patients who were unable to leave their homes. These sessions are to continue for the foreseeable future even with MDU visits resuming post lockdown. On top of this, the charity helps out at the Diabetics Village in Leicester.

• The restricted funds relate to a grant of £122,131 received in the year to 31 December 2014 and further to a letter of variation received during the year ended 31 December 2016 is to be used for the following purposes: ° To acquire and outfit a new mobile diabetes unit (MDU),

• to provide one year’s maintenance and running costs of the MDU,

• to provide one year’s worth of diabetes testing equipment for use in the MDU,

• to provide one year’s staffing cost for the MDU, consisting of a specialist diabetes nurse anda

• healthcare assistant,

• to cover the costs of publicity leaflets, posters, forms and factsheets,

• support a diabetes centre in Morocco.

The charity has restricted funds brought forward of £70,308 and carried forward of £70,308 as detailed in note 14,

Structure, governance and management Silver Star Diabetes was constituted by a trust deed dated 26 March 2007. The charity was registered on 21 May 2007.

The trustees who served during the year were:

Ms R E Carter MBE

Dr D McConnell

Trustees must be appointed by a resolution of the trustees. As per the trust deed there must be no less than two or more than five trustees at any one time.

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SILVER STAR DIABETES TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Statement of trustees' responsibilities

7

The trustees 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).

The law applicable to charities in England and Wales 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 charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

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• observe the methods and principles in the Charitles SORP;

• make judgements and estimates that are reasonable and prudent;

• )

~ State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• 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 sufficient accounting records that disclose with reasonable accuracy , at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charitles Act 2011, the Charity (Financial statements and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees’ report was approved by the Board of Trustees,

Ms R E Carter MBE Trustee Dated: ....18..10.2021...

DrD McConnell Trustee Dated:,..18,10.2021...

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SILVER STAR DIABETES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SILVER STAR DIABETES

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! report to the trustees on my examination of the financial statements of Silver Star Diabetes (‘the charity’) for the year ended 31 December 2020, which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My work has been undertaken so that | might state to the Charity's trustees those matters | am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions | have formed.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently | express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement ; | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• accounting records were not kept in respect of the charity as required by section 130 of the Act: or

• the financial statements do not accord with those records; or

• the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

| 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 financial statements to be reached. .

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Mr D P Unarket FCCA John Cumming Ross Limited Chartered Certified Accountants 1st Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX

Dated: 2 2A

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SILVER STAR DIABETES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

		Unrestricted	Restricted	Total	Total
		funds	funds	2020	2019
	Notes	£	£	£	£
Income from:
Donations		94,095	-	94,095	43,757
Investments	3	10,815	-	10,815	7,623
Total income		104,910	-	104,910	51,380
Expenditure on:
Raising funds	4	10,086	-	10,086	2,070
Charitable activities	5	65,592	-	65,592	75,164
Total resources expended		75,678	-	75,678	77,234
Net gains on investments	8	49,888	-	49,888	-
Net income/(expenditure) forthe year		79,120	-	79,120	(25,851)
Netmovement in funds		79,120	-	79,120	(25,851)
Fund balances at 1 January 2020		222,532	70,308	292,840	318,691
Fundbalancesat31December2020		301,652	70,308	371,960	292,840

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SILVER STAR DIABETES BALANCE SHEET

AS AT 37 DECEMBER 2020

		2020			2019
	Notes	£	£		E	gO
Fixed assets
Tangible assets	9		18			118,424
Investment property	10		265,000			96,707
			265,018			215,134
Current assets
Debtors	42	2,985			1,239
Cash at bank and in hand		105,880			80,473
		408,865			84,712
Creditors: amounts falling due within	43
one year		(1,923)			(4,003)
Net current assets			406,942			77,709
Total assets less current liabilities			371,960			292,840
Income funds ;		,
Resiricted funds			70,308			70,310
Unrestricted funds		.	301,652	:		222 530
			371,960			292,840

Authorised by the Trustees for issue on AR \o\2\

Ms R E Carter MBE Trustee Dated: ....18,.10.20271...

Dr D McConnell Trustee Dated:...18.10.2021...

SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

• 1 Accounting policies

• 1.1. Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” ("FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.

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) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The financial statements have been prepared to give a ‘true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair' view. This departure has involved following 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) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

• 1.2 Going concern

• At the time of approving the financial statements, the impact of the Coronavirus (COVID-19) globally has created uncertainty in the economy, businesses and charities all around the world. One of the main activities of the charity is to travel across the country via the Silver Star Mobile Diabetes Units (MDU's) to attend events and conduct diabetic tests to members of the public. Given various restrictions placed by the government to combat COVID-19, both in terms of travelling and social distancing, this will not have been possible to the same extent. That being said, the trustees have a reasonable expectation that the charity has adequate resources to continue operational existence, as well as receiving continued donations from well wishers and various government support schemes. Thus the trustees’ continue to adopt the going concern basis of accounting in preparing the financial statements.

• 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purpose and use of the restricted funds are set out in the notes to the financial statements.

• 1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

• 4 Accounting policies

(Continued)

Donated goods, services or facilities are included in incoming resources when the benefit to the charity is reasonably quantifiable and measurable. They are valued by the trustees at the amount the charity would have been willing to pay for the goods, services or facilities on the open market value. The charity does not recognise the volunteer time in accordance with Statement of Recommended Practice for charities applying FRS 102.

• 1.5 Resources expended

Expenditure on charitable activities includes the costs of activities undertaken to further the objects of the charity and their directly associated costs.

Support costs are those costs which have not been directly allocated to an activity of the charity but nevertheless support those activities.

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold Buildings 2% per annum on a straight line basis Fixtures, fittings & equipment 25% per annum on a Straight line basis Motor vehicles 25% per annum on a straight line basis

Freehold land is not depreciated.

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 recognised in net income/({expenditure) for the year.

1.7 Investment property

The property is held to earn rentals and/or for capital appreciation. lt is measured using the fair value model and stated at its fair value as the reporting end date. The surplus or deficit on revaluation is recognised in net income/(expenditure) for the year.

• 1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible 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).

• 1.9 Cash and cash equivalents Cash and cash equivalents include cash at bank.

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SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

• 1 Accounting policies

(Continued)

1.10 Taxation

The charity is recognised by HM Revenue & Customs and therefore benefits from certain exemptions from taxation on income and gains, to the extent that they are applied for charitable purposes.

No tax charges have arisen in the charity.

1.11 Employee benefits

• The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

• 1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources, The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant.

• 3 Investments

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||||| |---|---|---|---| |2020|2019| |£|£| |Rental|income|10,495|7,216| |Interest|receivable|320|408| |10,815|7,623|

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4 Expenditure on raising funds

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|||||||| |---|---|---|---|---|---|---| |2020|2019| |£|£| |Raffle|prizes|and|event|costs|10,086|2,070|

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SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

5 Charitable activities

		Charitable	Support	Governance	Total	Total
		expenditure	costs	costs	2020	2019
		£	£	E	£	£
Wages and salaries		40,280	11,000	-	51,280	51,280
Social security cost.	.	1,398	466	-	4,864	1,887
Staff pension		1,650	550	-	2,200	2,200
Depreciation and impairment		ae	-	-	-	1,336
MDU's costs and direct charitable
expenditure		2,332	-	-	2,332	9,545
Insurance		1,952	-	-	1,952	2,398
Light and heat		359	120	-	479	1,172
Telephone		4,091	364	-	1,455	1,568
Legal and professional fees		-	-	-	-	180
Accountancy services		-	-	3,500	3,500	3,500
Bank charges		-	-	-	-	40
Sundry expenses		-	530	-	530	55
		49,062	13,030	3,500	65,592	75,164
		49,062	13,030	3,500	65,592	75,161

In 2020 expenditure on MDU's costs and direct charitable activities was £2,332 (2019: £9,545) and bank charges was E£Nil (2019: £40) of which expenditure from restricted funds was ENil (2019: £2,200) and ENil (2019: £40) respectively.

During visits made by the MDUs' (Mobile Diabetes Unit's) to various events across the country, qualified nurses have provided their services to help conduct diabetic testing. These nurses have been reimbursed for the expenses they have incurred but not received any additional payment. The charity does not recognise volunteer time.

The charity received accountancy services worth £3,500 (2019: £3,500) at no charge. The value of these services is recognised within incoming resources as a donation, and an equivalent charge included with accountancy services.

6 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No expenses were reimbursed to trustees.

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SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

7 Employees

Number of employees

The average monthly number of employees during the year was:

	2020	2019
	Number	Number
Direct charitable work	2	2
Employment costs	2020	2019
	£	£
Wages and salaries	51,280	51,020
Social security costs	1,864	1,917
Other pension costs	2,200	2,200
	55,344	55,137

,

Staff whose primary duties relate to the direct charitable activities of the charity also spend time on management and administrative duties and raising funds for the charity.

There were no employees whose annual remuneration was £60,000 or more.

8 Net gains/{iosses) on investments

				2020	2019
				£	£
Revalution	of	investment	properties	49,888	-

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SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

9 Tangible fixed assets

9	Tangible fixed assets
		Freehold	Fixtures, Motor vehicles		Total
		Buildings	fittings &
			equipment
		£	£	£	E
	Cost
	At1January 2020	433,547	7,525	91,225	232,297
	Freehold property transfer	(133,547)	-	-	-
	At 31 December 2020	-	7,525	91,225	98,750
	Depreciation and impairment
	At 1 January 2020	15,142	7,508	91,224	113,874
	Transfer to investment property	(15,142)	-	-	(15,142)
	At 31 December 2020	-	7,508	91,224	98,732
	Carrying amount
	At 31 December 2020	-	17	{	18
	At31December 2019	118,406	17	1	118,424
10	Investment property
					2020
					£
	Fair value
	At 1 January 2020				96,707
	Reclass from freehold land and building				118,405
	Net gains or losses through fair value adjustments				49,888
	At31December2020				265,000

The charity has one property which was a mixed property. As of 2020, the property is now a wholly investment property and has been revalued at the balance sheet date.

11	Financial instruments	2020	2019
		£	£
	Carryingamountoffinancialliabilities	1,923	4,003

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SILVER STAR DIABETES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

12	Debtors
				2020	2019
	Amounts failing due within one	year:		£	£
	Other debtors			2,985	-
	Prepayments and accrued income			-	1,239
				2,985	1,239
13	Creditors: amounts falling due within one year
				2020	2019
				E	£
	Other creditors			1,923	4,003
14	Analysis of net assets between	funds
			Unrestricted	Restricted	Total
			funds	funds
		,
			E	£	£
	Fund balances at 31 December2020 are represented by:
	Tangible assets		18	-	18
	Investment property		265,000	-	265,000
	Current assets/(liabilities)		36,634	70,308	106,942
			301,652	70,308	371,960

The restricted funds relate to a grant of £122,131 received in the year ended 31 December 2074 and further to a letter of variation from the donor is to be used for the following purposes:

• To acquire and ouifit a new mobile diabetes unit (MDU),

• to provide one year's maintenance and running costs of the MDU,

• to provide one year's worth of diabetes testing equipment for use in the MDU,

• to provide one year's staffing cost for the MDU, consisting of a specialist diabetes nurse and a healthcare assistant,

• to cover the costs of publicity leaflets, posters, forms and factsheets,

• to support a diabetes centre in Morocco

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