Registered number.- 06196052 Charity number: 1120322 OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 illiiiiiiiiu •A4)F3TJM* 1511212021 COMPANIES HOUSE A18
155
WR Partners Protecting your future.
OMEG& THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company limi¢td by guarantee) CONTENTS Page Reference and administrative details of thè charity, its Trustees and advisers Tru$t••s' rèport Independent examinerfs report 9-10 Statèmènt of financial actlvities Balance sheet 12 Notes to the financial statements 13-25
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company Ilmlted by guarantèè REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRLISTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 Trustees Mr L Walefs, Chaimlan Ms C Davies. CBE Ms J Evans Mr D James Mr J Rutherford Ms G Stephens Company registèrèd number 06196052 Charity r•gl$teréd number 1120322 Registered office London House Town Walls Shrewsbury Shrop5hi SY1 1TX Accountants WR Pathers Chartered ACcnI3nts Belmonl House Shiewsbury Business Pa Shrewsbury Shropshire SY2 6LG Page 1
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Trustees present their Annual Report logether with the financial statements of the tharity for the year 1 April 2020 10 31 March 2021. The Anntsal Report See$ the purposes of both a Trustees. Report and a Directors. Report unéer company law. The Trustees confimi that the Annual Report and financial statements of the ¢harilable company comply with the current staiutory requirements. the reqU1ments ol the ¢haritable Compan5 governing document aThJ the provisions of the Statement of Recommended Praclice ISORPI applicable to charities preparing their accounts in accordance with Ihe second edilion Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffeGtive October 20191. Since the charity qualifies as small under section 382 of the Companies Act 2CK6, the Strategic Report required of medium and large cornpanies under the Companies Acl 2006 (Strategic Report and Directors. Report) Regulations 2013 h8s been ¢ynitled. Objectives and activities Pollcles and objectives Tha charity has clear charitable objectives as defined in the Memorant1um of Association to.. . Promote excellence in all aspects of heahh and soual care provision. to enable people to live well until they die. Promote improvements in care for people nearing the end of their lives. Undertake research an¢J training in support of the above. The Trustees have paid due regard to guidance issued by the Charity Commission in dec4ding what activities the charity should undertake. Omega is fvnded by grants. donations. o)nlracts and Community fundraising actiwty. b. Actlvltles for aehlevlng oblectives We share information. encourage sell-help and peer Supp alld deliver a range of tsrgeled pro9rammes and activ6ties. . Main activities urtdèrtaken to further the charsty's purposes for the public benefit By working collaboratively lo rdise stsrKlards and encA)uraging continuous imwovement. it is the aim of the charity that everyone nearing the end of their lives wll benefil from the highesi Standards of care. regardless of geography or ability to pay. Omega currently only wot1(s in Ihe United Kingdom. In addition lo deh'vering one-to-one charitable support to vulnerable clients, Omega is the home of the Chatterbox Action Against Loneliness Programme. A Letter from Louise. The Omega Bereavement Programme. The Omega Motor Neurone Disease Famity Support Programme. and the Omega Netfflrk of Meeting Point SupportGroups Page 2
OMEGA THE NAnONAL ASSOCIATION FOR END OF LIFE CARE (A company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Achievements and perforniance Implemènting tha Omèga mission Omega helps people lo the challenges of later lrfe. Most Omega clients have e¥)mplex needs and have been overlooked by others. Typically they are either in crisis. coming to tem)s wth loss or struggling lo cope alone with extremely difficult caring situations. Some are in poor heawh and many are frail-eldedy andlor have poor mobility. The majority of the clients we serve are.. Bereaved. former caregivers Caregivers looking after someone wth lrfe limiting illness or who are themselves near the end of life bul especially frail-elderty Co-dependent family Car5 over the age of 75 Anyone else facing challenging end of life issues We identsfy clients and encourage them to come forward to get the help they need. We help thern lo help themselves and we inspire others to do more to support the dients we serve through collaboration and offering clients greater choice of pro1s1On. We keep in touch wih soci811y is018ted people., we promote self-help and peer-support., we share essential information and COkN"ng skills and provKle purposeful. therapeutic paid work and volunteering opportunities. Our scalable, sustainable. gra5sroot5 approach enhances personal wdl*eing and makes a worthvthile Conlribulion lowards buildin9 community resilien¢e_ We are implementing a plan to secure suslainable growth and strengihen the cl)arity. COVID-19 response Ornega trustees were quick to recognise the serious implications of the COVID-19 pandemic and as a result we implewenled a planned delivery response in advance of the nats'onal lockdown and we were able to safely further extend our delivery and development capacity. We were forced to dose the Omega office to callers and suspend all face-to-fa¢e activity, but we immediately increased the level of support we delivered remotely. We had to postpone delivery of our successful bereavement programme and bereavement outreach activity. We did however maintsin telephone ¢ontsct with clienis and offered them access to other Omega servIs. 11 was also necessary to temporarily close all our Meeting Point Support Groups. We launched virtual groups in Shropshire and South Warwickshire and We able to maintain o)ntsd through tephOne support and by corresponéence. We were. nevertheless, able to safdy expand our key teams, appoint a Director of Progr8mmes and an experienced Office Manager. We increased the paid hours allocated to volunteer recruitment 8nd changed the recruitment process and the way we delivered induction trarning. Pagg 3
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company limited by guarantee) TRUSTEES. REPORT {CONTINUEOI FOR THE YEAR ENDED 31 MARCH 2021 Achievements and perfom)anc• {continuedl Th• valuable contribution of Omega colleagues paid and unpaid Over 335 people made a voluntsry C0ntrbub lo our ImpnI work this - another Omega record. more than doubling the number of unpaid c(Aleagues in our team. This is a highly significant development not least in terms of increasing the diversily of the team. We are indebted to each of our unpaid ¢olleagues for their enlhusiasm. kin¢Jness and personal commitment. We continue lo rely heavily upon hvJhty motivaled, capable volunteers with a wide range of skills who work aloThJside a small staff team. Unfortunately. we lost colleagues ijuring the pandemic and colleagues lost close family rnembers. We again send our condolences io every Omega family that has suffered a bereavement during the last twelve months. Collaboration and teamwork Due lo the exceptional difficuifies we faced together we are. more than ever, immensely grateful for Ihe help and guidan we received from bènefiuaries, supporters. delivery pathers and cA)IagueS. Colleagues, including those who have to face the challenges of dealing vAth pC)r hèalih, bereavement and ¢aring responsibilities, coped admirably wth the ad¢Jitional pressures of dealing rapid chaTh3e and organisattonal growth. The infomation and support needs of Omega dients are wde-ranging and often urgenl. We continue. therefore. to value the relationships we have ijeveloped wth 5UPW)rters and delivery partners. Programme activities Whilst activity is clustered around Shropshire and the We51 Midlands, we helped clients in over 79 local authority a3$ this year who have found it difficull lo access the urgenl SLlPW)rt they need. We are continuing to extend our reach. We work with the famAies of patients suffering from motor neurone disease in North ShropshI and Powys. We remain grateful for the conlinuing support we receive from bereaved families and their friends and former colleagues. Over the year5 they have enab1 us to provide a sustsinable service offering tsblet devices loaded with speech synthesising Softwa and ass(Kiatetl ICT equipment We have furthef expanded the multi-award-wnning Chattethx Action Againsl Loneliness enhanced telephone befriending programme and our A Letter from Louise safeguarded pen pal service. Chatterbox continues to flourish in Sandwell wlh the benefft of a grant from Sandwell Metropolitan Borough Council. Chatterbox is also firmly estsblished and growing steadity in Shropshire. Wa15all and Wolverhampton and we saw fresh growth in Dudley and Birmingham. We saw the number of dients accessing our Chatterbox programme increase from approximate5y 65 in April 2020 lo over 165 in March 2021. The number of volunteer befrienders rose from 41 to 139. The situation was similar in respect of Ihe A Letter from Louise projecl. In April 2020 we matched 29 dients and in March 2021 this figure had risen to 104. We started the year wth 50 volunteer pen pals by March 2021 had recruited 179. Page 4
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company limited by guarantee TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Achievernents and performance (continued) Outreach and Infombation sharing We are determined lo find new ways to address urgent. hidden need by targeting clients on Ihe verge of crisis. Outreach has. therefore avaYS been an essential part of our work. Despite being unable lo conduct face-lo face oulrtrach adivity this year we have noticed during the COVID-19 pandemic that businesses and local mmunities have made a Concerted effort to share inforniats.on about volunteering opporlunities and services aimed at tsckling loneliness and sorAal isolation. This has been helpful. We have been able lo make many useful new connections. Outreach activity. developing and testing innovative delivery m(xJels and adopting innovalivè to share skills, information and knowledge remain important aspects of our work. In addition to woviding a useful seNice to clients. A Letter from Louise is prowng to be an effective outreach device. Many pÈoplÈ find Omega after discovering A Letter frorn Louise. Grant Making Trusts and Foundations We are immensely grateful for the financial support we have received Ihroughout the year and thank each ol our financial stakeholders. This year we received help from the followng 5tstutory org8nisations.- Kineton P8rish Counal, Sandwell Metropditan Borough Counal.. shw$bury Town coun1. ShropshirÈ County Council and Warwckshire County Council. We are graleful lo the following grant making tnjsts". Prince of Wales's Charitable Fund. Eveson Charitable Trust, Edwaril Gostling Foundation" Souter Charitable Trust, ExPat Foundatson, Severn Trent, Foyle Foundation. Woodroffe Benton Foundation, MIND. Independent Age. Dumbreck Charity, William Cadbury. W E Dunn. The Hobson Charity, The Field Family Charitable TnJst. Nabonal Lottery Community Fund, The Henry Sfflilh Charity, The February Foundab"on. The George Henry Collins Charity, Truemark Trusl, The Lady Forresler Tru51, The Arther TrusL Donald Fwester Tnjst. The Masonic Charitable Foundation and Harry Payne. Corporate support We are also grateful to our commerci81 sponsors and individual donors and the many organisations who have supported our Work throughout the year. including Wartrose & Partners, Tesco, Asda, Rotsry Club ol Shrewsbury, Rotary Club of Osweslry. Draeger Safety. Blakemore Foundation. Shropshirè Masonic Charitable Foundation, Staffordshire Masonic Charitsble Foundation. Westem Power Distribution Community Matters Fund, Severn Trent Community Fund, CAF Resilience FuThJ. Assura Community Fund. Quadient. EOS8 Group. Nisa. Co-op Midcounbes. Sovereign Housing. A Lelton Per¢tval. Wessex Water. Lanyon Bowdler Solicitors. Countryside Properties and Barratt Developments. The financial help and helFHn kind we receive from our corpordte supporters adds signifirant value to our work. Fomer Omega Patron Janet Wood Sadly, we lost one of our remarkable patr$. Janet Wcod died in January 2021 folk)wing a long illness. She served Omega for over 12 years and was a terrific Omega ambassador who played a big part in many of our eady achievements. She was a good friend and a valuable cdkague. Janel's wamith and kindness was infectious. She reached out to peop who others had left behi.. she listened carefully and was a calming influence. In short. Janet was a rsOn who made gtxjd things happen. We wsll rèmember her wth fondness and admiration. Page 5
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company limited by guarantÈèl TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Aehlèvèmènts and pèrfomianet {¢ontinu¢d) Temporary disruption Notswthstsnding Ihe Covltkrelated challenges we faced in earfy March 2021. we had to deal with an additional cornplication; we suffered extensive water damage at our main Offi in Shrewsbury and temporarily lost acSS to 800/0 of our ground flcx)r office space. Repairs are expected to (ake 6-9 months to complete. Fortunately, we were able to quickly secure altemative a¢¢ommfMlation and made a concerted effort to maintain Servi delivery by supporting colleagues worting remotely. Heartlelt thanks We Ihank all our colleagues, forrner wlleague5. friends and SUPF¥Nters this year more than ever for their ingenuity, kindness and flexibilty- Publlc 8enefit We Confim that in setting obieciives 8nLI planning for activits'es, the TnJstees have given due consideration to gener81 guidance pUished by the Charity ComMi10n relating lo public benefil. including the guidance 'Publi benefit.. wnning a charity IP821'. Financial review a. Going concern After making approwiate erwuiries. the Trustees have a reasonab expeCtatn that the tharity has adequate reSoUrS to continue in operalional existen for the foreseeable future. For this reason, they continue lo adopt the going o)ncern basis in preparing the financ¢al statements. Further details regardsng the adoplion of the going concefn basis can be fourhd in the accounts.ng polbcies. b. Financial review We adopt a prudent apF)roa¢h to income generatiffi in cde lo secure long-term delNery funded by a broad funding basé. We are not reliant on any single source of inme. We have made 8n effort lo increase ccKnmunily income. Despite our inabilily to conduct face-to-face actiwty Ihis ar WÈ wèrè able to sKJnific2ntly increase the amount of community income raised. For example, the Omega Lottery continues to attract loyal subscribers and we benefit enormously from supporters who help us regularty. We have also weased our corporate income and have developed some key partnerships which add values to our work. Overall community income this financial year amounted to £42.937 lup from £19.937 in 20201. We are graleful to the late Henry Heath MBE for his generous legaGy. His legacy will make a significant impact. We expect that future legacies will help to strengthen the charity and welcome enquiries from supporters and potential donors and their legal preSentiVe$_ Grant fundraising income increased this year by £104,697 189%) following a rise of 104% the previous year. Expenditure increased by £103.419177%1. After reflecting defee income of £60.500 we secured a surF4us of £28,504 {£4.277 in 2020). Page 6
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A ¢ompany limited by guaranteè) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 c. Reserves policy As of 31st March 2021 we held free serveS of £27.037 {2020: £5.430) and unreslricted reserves of £35,394 12020.. £7.0141. This figu represents approximately 6 weeks budgeted running costs. well bek)w the 4-month target set by Trustees. We are still in the prsS of addressing this. We usualty defer income at the end of the year and reFA)rt our reserves immediately before scheduled grant payTnents and olher income reaches us. As reported above, this year we deferred income of £60.500 up frorn £30.000 in 201&20. We expect to be able to report further progress wilhkn the next 12 monlhs. d. Rl$k management Trustees adopt a consistent and prudent approach to decision-making. A risk managerllent process is in place, whith is reviewed and updated regularly. Potentr"al Fisk5 a assessed. classified, recorded gnd dealt with appropriately. Insurance is in Iace to wver residual operatsng risks. The Truslees have Gonsi<Sered the major risks to which Ihe charity is exposed. and are satisfied that SyEtems a in place to manage and miligale exposure to them. ¢. Plans for the luture Loneliness remains a major issue for Omega dients. Caring near end of lrfe and beavement can result in social isolation. Both have been exacerbaled by the COVID-19 pandemic. As we see demand for our services ¢onlinuing lo rise and more referrals reaching us from the NHS and Olher end of life charities we plan to further slrenglhertr our management capacily and expand our delivery and devdopment teams. This will lead to a stronger and rn0 sustsinable tharity. We are on track to woth intensively at least 500 vulnerable clients who have found it diffKult to a(tess urgent support and we expect to make lurther progress towards achiemng our resetves rKJlicy of 4 months running costs. Structure. governance and management a. Constitution Omega, The National Assoc4ation for End of Lrfe ca is l$leTed as a charrtable company limited by guarantee and was set up by a Memorandum of Assouation. b. Methods of appointment or electi¢Jn of Trustees The management of the charity is Ihe resp)nsibility of the Trustees who are elected and co-opted under the temis of the Memorandum of Assocjation. Page 7
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limited by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 statement of Trustees. responsibilities The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the TnJstees' report and the financial slatemenis in accordance with applic8ble law and United Kingdom Accounting Standards (United Kingdom Generally ApIed Accounb"ng practil- Company law requires ihe TnJstees to prepare finanaal statements for each financial year. Under company law, the Trustees musl not approve the financial staternenls unless they are satisfied that they give a true and fair view of the state of affairs of Ihe charity and of its incoming resources and application of resources. including ils income 8nd expenditure, for thal period. In pparing these finanual statements. the Tnjstees are required to". select suitable 8co)unting poli(aes then aF¥)ly them consistenlly- observe the methods and principles of the charib.es SORP IFRS 1021.. make judgments and accounting estimates that are reasonable and prudent.. slate whether aF)plicable UK Accounting Standards IFRS 1021 have been followed. subject to any material departures disclosed and explained in the financial ststements., prepare the finan(ial statemenis on the wr4J ¢>)ncern bags unkss it is inappropriate to presume that the charity wll continue in business. The Trustees a responsible for keeping adequate accounting records that are sufficient to show and exp18in the charitys transactions and disdose reasonable accAJracy at any time the financial position of the charity and enable them lo ensure that the financial statemenls comply wth the Companies Act 2006. They are also responsible for safeguarding the assets of the ¢harity and hence for tsking reasonable steps for the prevention and deleth.on of fraud and other irregularibes. Approved by order of the members of the board of Trustees and signed on their beha by.. MrL ters Chairnian Dale.. 7 2011 Page 8
OMEG& THE NATIONAL ASWCIATION FOR END OF UFE CARE (A company Ilm5ted by guarantee) INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 MARCH 2021 Independent Ex•rnin•Vs R•port to the Trnstees of Omega. The Natlonal Assoclation for End of Llf• Car• Ilhe charity.) I report to the charty Twstees on my examination of the acc#)unts of the charity for the year ended 31 March 2021. Responslbllltles and Basis of Report As the Trustees of the tharity (and its directors for the pufF4)ses of company law) you are responSie for the preparation ofthe actsnts in accordance wrth the Tequiremerts of the Companies Act 201% Ilhe 2006 Act). Having satisfied my5ell that the accounts of the tharity are rKA required to be audited under Part 16 of the 2006 Act and are eligible for irKlependent examination, I report in respect of my examination of the charitys accounts carried out under section 145 of Ihe Charities Act 2011 (Yhe 2011 Aev). In carying my examination I have followed the Directions given by the Charity Cwmissim under sectK)n 145(51{b) of the 2011 Acl. Independerbt Examlnerfs Ststement Since the chartys gross income exeeeded £250.CKQ ur examiner must be a member of a body listed in section 145 of Ihe 2011 Act. I confimi th l am qualrfied lo ur+dertake the examination because l am a member of Association of Chartered Certified Accountants. which is one of the lisled bodie I have completed my examination. I confirn that rw) mattws have come to my attention in connection the examination gbving me cause to believe: accounting records were not kept in respect of the cknanty as requi by section 386 of the 2006 Acl., or counts do not accord with those records.. or the accounts do not comply vthh the accounting requirements of section 396 of the 2006 Act other th any requirement that the accounts give a 'lrue and fair vthy is not a matter conSered as part of an independent examination.. or the accounts have not been prepared in aCCordare MTrlh Ihe methods and princi8$ of the Slalemenl of Recommended Practice for accounting and reportiThJ by charities lapplicable to charities preparing their accounts in accordance with the Firkincial ReFoJtsng Standard applicable in the UK and Republic of Iland IFRS 10211 I have no conceins and have come aemss no olher mattets in conr*ction vthh the examination to which attention should be drawn in this report in crter to enab a proper understanding of the aceounls to be reache(l. Page 9
OMEG4 THE NAT1014AL ASSOCIATIOM FOR END OF LIFE CARE (A company 15mited by guarnnlee 1140EPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 This rewt 15 made solety to the drtyS Tnlee$, as a boty. in accordance with Part 4 of the Charities {A¢counts and Reports) Regulab"ons 2rJ)8. My vffjrk has been undertaken so thal I m¥ht state to the charivs Trustees those matters l am requi to stale to them in an Independenl examinerfs report and for no other purpose. To the fullesl exient Fermitted by law, I do not accepl or assume responsibility lo anyone other than Ihe tharity ant1 the chantys Trustees as a L)dy. for my work or for this report. &gned'. Dated." 10112r2021 rim Lunt FCCA MIRPM WR Partne Chartered ACCOUntts Belmont House Shiewsbury Busirss Park ShTewsbury Shropshre SY2 6LG Page 10
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2021 Unrèstrictéd funds 2021 Restricted funds 2021 Total funds 21J21 Total funds 2020 Note Income from: Donations and legaues Other trading activities Investments 137.752 7.536 120.195 257,947 7.536 22 126. 143 11.665 52 Total income 145.310 120.195 265.505 137,860 Expenditure on- Raising funds Charitable activities 2.037 114.894 2.037 234.964 2.440 131, 142 120.070 Total expenditure 116,931 120.070 237.001 133,582 . Net rnovemerrt in funds 28,379 125 28.504 4.278 Reconciliation of funds: Total funds brought forward Net movement in funds 7,015 28,379 82 125 7.097 28.504 2.819 4,278 Total funds carried fonvard 35,394 207 35,601 7.097 The Statement of Financial Aclivities indudes all gains and kjsses recojnised in the year. The notes on pages 13 to 25 ftym part of these financial slatements. Page11
OMEG& THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limited by guarantee) REGISTERED NUMBER: 06196052 BALANCE SHEET AS AT 31 MARCH 2021 2021 2020 Note Flxed assets Tangible assets 12 8.357 1,584 8.357 1.584 Current assèt$ Debtors 13 4.171 89,478 3.214 37.986 Cash at bank and in hand 93.649 41.200 Creditors". amounts falling due wthin one year 14 {66.4051 (35,687J Net curyent assets 27.244 5.513 Total net as$8ts 35,601 7,097 Charity funds Reslricted funds Unrestricted funds 16 207 35.394 82 7,015 16 Total funds 3S.601 7.097 The charity was entitled to exemption from audit uTrJer section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in queslion in accordance wth section 476 of Cornpanies Act 2006. The Trustees acknowledge their responsibilities for complyiry Iwth the requirements of the Act with respect to a¢counling records and pieparation of finanrial statements. The financial statements have been prepared in aCc#ee the provisions 8ppli¢alJe lo entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. MrL Chaiman Date.. The notes on pages 13 to 25 fom part of these financral slatemenls. Page 12
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A Company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Gènèral infomiation Omega. The National Associalk)n for End of Life Care is a Charitab company, limiled by guarantee and incworated in England and Wales. The members of the charity are the trustees named on page 1 of these accounts. In the event of the charitsble company being wound up, the liability in respect of the guarantee is limited to £10 per member of the charilable company. Accountlng pollcles 2.1 Basis of preparation of financial statemènts The financial stslemenls have been prepared in accordan with the Charities SORP IFRS 1021- Accounling and Reporting by Charities- Statement of Recommended Practice applicable to charities prepanng their accounts in accordance wth the second edition Financial Reporting Standard applicable in th8 UK and Republic of Ireland {FRS 1021 (effective October 2019). the Financial Rewrting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act Omega. The National Association for End of Lrfe Care meets the definition of 8 public benefit entity under FRS 102. Assets and liabilities are initialty rec&yJnised al historical cost or transaction value unless otherwise staled in the relevant aca)unts"ng p(Ai¢y. 2.2 Going Concern After making enquires, the Trustees have a reasonable expectation Ihat the Charity has adequate resources to wntinue in operational existence for (he foreseeable fubjre. The Charity therefore continues to adopt the going ¢on¢em basis in preparing its finanaal statements. The Truslees have also assessed the polenlial irnpact on the future operations of the Charity with regard to the Covid-19 outbreak. The Charity is cL)nsIded to be well positioned given the current envircmmenl wth no impact on the going concem basis of the financial slalements. Page 13
OklEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting polici8s Icontinuedl 2.3 In¢omè All income is recognised once the charity has entiuement to the irbcome. il is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of IncMe from gae$ is dependent on estsblishing entiuement, the probability of receipt and the ability lo estimate vthh sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exisls when the charity has suffiaent evidence that a gfft has been left to them (through knowledge of the existence of a valid will and Ihe death of Ihe benefactor} and the executor is satisfied that the property in question wll not be required to satisfy claims in the estate. Receipt of a legacy must be rewgnised when it is probable that il wll be received and the fair value of the amount receivable. which will genernlly be the expected cash amount to be distributed lo the charity, can be reliably measured. Grants are induded in the Statement of financial activities on a recEivable ba5is_ The balance of income ceiVed for speufic purposes but not exnded during the period is shown in the relevant funds on the BaL3nce sheel. Where income is r1Ved in advance of entitlement of re¢eipt. rts recognilion is deferred and induded in creditors as deferred income. Where entitlement occurs before income is received. Ihe inTr)me is 8ccrued. Income tax recoverable in relation to investment incorne is reownised at the time the investment ine£Jme is receivable. 2.4 Exp•nditur• Expenditure is recognised once there is a legal or CnStructive obligation to transfer economic benefit lo a third party, rt is probable that a transfer of enOMIC benefits wll be required in settlement and the amount of the obligation Gan be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, induding support costs involved in undertaking each activity. Direcl costs attributable to a single activity are allocated directly lo that activity. Shared cosls which contribute lo more than one ath'vily and support costs which are not attributable to a single activity are apportioned between those activities on a basis Consistent with the use of resources. Central staff ¢osls are alk)cated on the basis of time spent. and deptiatIOn charges allocaied on the portion of the asset's use. Expenditure on raising funds includes all expenditure in(JJrred by the charity io raise funds for its charitable purp)ses and indudes St$ of all fundraing acb"vib"es events and non4haritsble trading. Expenditure on charilable activities is incuThed on direcuy undertaking Ihe activities which further the ¢hariVs objectives, as well as any associated support ¢osts. 2.5 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition, undeT the cost model. tangible fixed assets are measured at cost less accumulated depre¢iation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into ts intended working condition should be included in Ihe measurement of cost. Page 14
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company limited by 9uaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ounting policies {ntinUed) 2.5 Tangible fixèd assèts and depreciation {continu8d) Depreaation is tharged so as to allocate the cost of tangible fixed assets less their residual value over Iheir estimated useful lives. on a dUang balance basis. DepreuaDon is provided the folk)wirrfJ bases: Fixtures and fith.ngs Computer equipment 25% reducing balance 25% reducing balance 2.6 Debtors Trade and other debtors are reccfvgnised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepakl net ofany trade discounts due. 2.7 Ca$h at bank and in hand Cash at bank and in hand includes cash and strK)rt-term highly liquid investments with a short maturity of three months or less from the date of a(4uisition or opening of Ihe deposit or similar account. 2.8 Liabilities and provisions Liabilities are recxyJnised wthen there is an obligati1 al the 88Lqnc* sheet date as a result of 8 pa event, it is probable that a transfer of econornic benefil will be required in settlement. and the amounl of thè settlement can be estimaled reliably. Liabilities are recognised at the amount that the tharity antirypates it wll pay to settle the debt or the amounl it has received as advanced payTnents for the goods or services it must provide. Provisions are measured at the best estirnate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the prowsion is based on the present value of those amounls. disccHJnted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Ststement of fin8rtcial actNities a5 a finance cost. 2.9 Finan¢ial instruments The charity onty has finantial assets and financial lialitIeS of a kind that qualify as b8sic financi81 instruments. Basi¢ financial instruments are initially recognised at transadion value and subsequently measured al their settlement value the exception of bank loans which a subsequently measured al amortised Cost using the effective interest method. 2.10 Pensions The eharity operates 8 defined contrit)ution pension scheme a1 the pension charge represents the amounts payablé by the charity to the fund in respect of the year. P8ge 15
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Aceotsnting polieits lcontFnul 2.11 Fund accounting General funds a unStriCted funds which are available for use at the discretion of the Trustees in furthèrance of the general objectives of the ¢harity and which have not been designated for other purposes. Restricted funds are furKJs which are to be used in accorllance wth specifi¢ restri¢tions imposed by donors or which have been raised by the charity for partJ"cular pUose$. The costs of raising and administering su¢h fijnds are Charged again51 the spe¢ffi¢ fund. The aim and use of each restricted ftjnd is set out in the notes to the finanaal slaterTbents. Income from donations and legacies Unrestricted Restricted funds funds 2021 2021 Total funds 2021 Total funds 2020 Donations Grants Similar incoming rescNJrces 34.573 102.498 125 120.070 34,698 222.568 681 7,067 117.871 1.205 137.752 120.195 257,947 126. 143 Total 2020 125.940 203 126, 143 Income from other trading activities In¢ome from fundraising events Unrestri¢ted funds 2021 Total fund$ 2021 Tot81 fvnds 2020 Other fundraising events 7.536 7,536 11,665 Tofal 2020 11.665 11.665 Pag8 16
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Investment income Unrestricted funds 2021 Total funds 2021 rotal funds 2020 Investment income 22 22 52 Total 2020 52 52 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2021 Total funds 2021 rotal funds 2020 Costs of raising vcAuntary income 2,037 2.037 2.440 Total 2020 2,440 2,440 Page 17
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA Gompany limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Analysis of expenditure on charitable activitiès Summary by fund type Unrestricted Restri*d funds funds 2021 2021 Total funds 2021 Total funds 2020 Direcl )$1$ 114.894 120.070 234,964 131. 143 Total 2020 131.022 121 131, 743 Summary by expenditure ty Total funds 2021 Total funds 2020 Staff costs Depreciation Other costs 2021 2021 2021 Direct costs 195.312 2.786 36,866 234,964 131,143 Total 2020 97.822 529 32.792 131. 143 Analysls of expèndlture by actlvitles Actlvitles undertaken directly 2021 Total funds 2021 Total funds 2020 Dire¢t costs 234.964 234,964 131, 143 Total 2020 131. 143 131, 743 Page 18
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Analysis of expenditure by activities (continued) Analysis of dire¢t costs Total funds 2021 Total funds 2020 Activities 2021 Staff costs Deprecaation Printing Travel ProjecAs Telephone Computer costs Subscriptions and publications Bank charges Sundry Rent Rates and water Insuranee Light and heal Repairs and renewals Accountancy fees Stsff expenses Legal fees Trustee expenses Consultancy fees Events 195,312 2.786 5.737 195.312 2.786 5,737 509 1.118 3,S21 2.253 97,822 529 1.892 3,118 1,552 2,096 1.306 211 60 1.806 8.601 1. 104 2.283 2,127 326 1.118 3.521 2.253 511 69 1.213 11.109 1,222 2,520 2.167 2.137 1.969 496 69 1.213 11.109 1,222 2.520 2.167 2.137 1,969 496 1.308 184 1. 795 54 2,042 1,467 385 385 {70) 1701 234,964 234.964 137. 143 rotal 2020 131, 143 131,143 Independent •xamlnerfs r•muMration 2021 2020 Fees payable to the tharttys independent eXaMer for the independent examination of the d)ariWs annual accounts 1,362 1,308 Page 19
OMEGA THE NATIONAL ASSOCIATION FOR ENO OF LIFE CARE IA company limited by guarantè•> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 10. Staff ¢o$ts 2021 2020 Wages and salaries Social security costs Contribution to defined conlribution pension schemes 184,197 5.542 5.573 91,569 2,088 4.166 195.312 97,823 The average number of persons employed by the ¢harity during the year was as follows: 2021 No. 2020 No. 25 15 No employee received muneratIon amounts.ng to more than £60.(KK) in either year. 11. Trustees. remuneration and expenses During the yEar. no Truslees received any remuneration or other beneffts (2020- £NIL). ring the year erKled 31 March 2021. no Trustee expenses have been incurred (2020- £NIL). Pag8 20
OMEG& THE NATIONAL ASSOCIATION FOR ENO OF LIFE CARE IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 12. Tangible fixed assets Fixtures and Comput¢r fitting$ equipment Total Cost or valuation Al 1 April 2020 Ad¢Jilions 13.577 28.743 9.179 42,320 9,559 At 31 March 2021 13.957 37.922 51,879 Depreciation At 1 April 2020 Charge for the year 13.215 186 27.521 2,600 40,736 2,786 At 31 March 2021 13.401 30,121 43,522 Net book value At 31 hAarch 2021 7,801 8,357 At 31 March 2020 362 1,222 1.584 13. Debtors 2021 2020 Due within one year Prepayments and accrued income 4.171 3,214 4.171 3,214 Page 21
OMEGA. THE NATIONAL ASSOCIATIOM FOR END OF LIFE CARE IA company limited by guarante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 14. Creditors: Amounts falling due wlthin onè yèar 2021 2020 Trade creditors 779 1.725 475 Othef taxation and social security Other creéitors Acuuals and deferre(l income 3.471 1,072 61,862 33.308 66,405 35,687 2021 2020 Deferred income at 1 April 2020 Resources defeffed durirKJ the year 32,000 2B,500 30.000 60,500 32.000 15. Flnanclal Instruments 2021 2020 Finan¢ial a$sets Financial assets meaSUd at fair value through income and expenditure 89.478 37,986 Financial as5els measured al fair value through inc4Jme arKI expenditure cofflprise bank and cash balances. Page 22
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company lirnited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16. Statement of fvnds Statement of funds- current year Balance at 1 April 2020 Balance at 31 Expenditure March 2021 Income Unre$trict•d funds General Funds - all fvnds 7.015 145.310 (116,931) 35.394 Restricted funds MND Family Support National Lottery Community Fund PWCF Fund 125 31.570 30.000 10,000 10.000 10.000 28,500 207 131,5701 130,0001 110.0001 110.0001 110,0001 128,5001 Edward Gostling Foyle Foundation Sandwell Other restricted funds < £10.0() 82 120.195 {120.0701 207 Total of funds 7.097 265,505 {237.001) 3S,601 Page 23
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 16. Statement of funds l¢ontinued) Statement of funds - prior year Balance at 31 March 2020 8alan¢e at t Apnl 2019 Income Expenditura Unrestricled funds General Funds 2.819 137.658 (133,462) 7.015 Restrl¢ttd funds MND Family Support 203 (127) 82 Total of funds 2,819 737.861 (133,583) 7,097 17. Analysls of nel assets between funds Analysis of nel assets between funds- current year Unrestricted Restricted funds funds 2021 2021 Total funds 2021 Tangible fixed assets Current assels Creditors due wthin one 5Ear 8.357 93.442 (66,405) 8,357 93,649 166,405) 207 Total 35.394 207 35.601 Page 24
OMEGA THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA ¢ompany limited by guarant•e) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 17. Analysis of net assets between funds Icontinuedl Analysis of net assets between funds - prior year Unrestricted fvnds 2020 Reslricl8d funds 2020 Total funds 2020 Tangible fixed assets Cuffent assets Creditors due within one year 1.584 41.118 (35.687) 1,584 41,200 {35.687) 82 Totsl 7,015 82 7,097 18. Pension commitmènts The charity operates a defined contribution pension scheme for all qualI.n9 employees. The assets of the scheme are held sepa¥ately from those of the charity in an independently administered fund. 19. Related party transactions The charity has not entered into any related party transaction during the year, nor a the any outstanding balances owng behveen related parties and the charity at 31 March 2021. Page 25