Reglstered number.. 06196052 Charlty numbor: 1120322 OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ,4 WR Partners Protecting your future.
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company Ilmlled by guarantfjel CONTENTS Page Reference and admlnlslrallve d&lall$ of the Charllabl• Companyj Ils Trustees and advlsers Tru8tees' report Ind&pend9nt examlner's report Statement of flnanclal actlvltSos 10 Balance sheet Notes to the flnanclal statements 13-26
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND AOVISERS FOR THE YEAR ENDED 31 MARCH 2022 Trustees Mr L Waters, Chalrman Ms C Davies, CBE Ms J Evans {resigned 17 August 2022) Mr D Jame$ Mr J Rutherford Ms G Slophens Company reglstered number 06196052 Charlty reglsterod number 1120322 Reglstered offlco London House Town Walls Shrewsbury Shropshire SY1 1TX Accoulltants WR Partners Chartered Accounlanls Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Page 1
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE {A company Slmlled by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Trustees present their annual report logelher wilh the financial slalemenls of the Charitable Company for tho year 1 April 2021 10 31 March 2022. The Annual report serves the purposes of both a Trustees, report aiid a directors. report under company law. The Trustees confirm Ihal the Annual report and financial slalemenls of the charitable company comply with the current slalulory requirements, the qUIrementS ol the charitable company's governlng document and the provlsions ol tho Slalement of Recommended Practice ISORPI applicable to ¢harilies prepaiing their accounts in accordance with the Financial Reporting Slandar(J applicabl8 In Ihe UK and Republic ol Ireland IFRS1021 leffeclive 1 January 20191. Slnce th& Charitable Company qualifies as small under section 3B2 01 the Companies Act 2006, the Strategic report required ol medium and larg& companies undei Ihe Companies Act 2006 Islraleoic Report and Oireclors. Report) Regulations 2013 has been omilled. Oblectlv&s and actlvStles a. Pollcles and objectlves The eharily has clear charitablè objecllves as defined In the Memorandum of Association lo: Promote èxcellence in all aspects ol health and social care provision. lo ènable people lo livè well until they die. Promote improvements in care for people nearing the end of their lives. Undertake research and IrainSng in support of the above. Omega is funded by grants. donations, conliacls and community fundialsing a¢livily. In selling objectives and planning for a¢livili8s, the Trustees have given due considèration lo general guidance published by the Charity Commission relating lo public benefit. including the guidance 'Public benelil.. running a charity IPB2}'. b. Acllvltles undertaken to achleve obJectlve$ We share Snformalion, encourage self-help and peer support and dgllvgr a range of iarggled programmes and aclivilies. c. Maln actlvltl&s undertaken to further the Charllable Company'5 purposes for thè publlc benèflt By working collaboratively lo raise standards an(J encouraging conlinuous impmvem&nl, il is Ihe aim of tho charity that evoryone nearing tho end of their lives will benefit from the highest standards of care. regardless ol geography OT ability to pay. Omega Currently only works in the United Klngdom. In addition lo dèllverlftg one-lo-one charitable support lo vulnerable ¢lienls, Omega is the home of the Challerbox A¢lion Against Loneliness Programme, A Leller from Louise, The Omega Bereavement Programme, The Omega Motor Ntrurone Disease Family Support Programmg. and Ihe Omega Ndiwork ol Meeting Point Support Groups. Page 2
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limltod by guaranto8} TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Achlovemgnts and performance Maln achlevements of the ¢harltable Company Implementlng tha Omega mlsslon Omega aims lo raise standards sn end of lilg cara by helping people lo face the challenges of later life. Most Omega Clients have complex needs and have been overlooked by others. Typically they ale either in crisis. coming lo terms with Ioss or struggling lo cope alone with difficult caring situations. Some are in poor health and many are frail-elderly andlor have poor mobility. The majority of the Glienls we seNe are.. bereaved, former caregivers, caregivers looking afler someone with life limiting illness or who are themselves near the end of life bul especially frail-elderly co-dependent family carers over the age of 75 olhers facing challenging end of life issuès Working with an in¢r&asing number of referrers wè identify Cllenls and en¢ourage them lo come foNard lo get the help they need. We assist them lo help Ihemyelves and always aim lo extend independence. Wo also inspire others lo do more lo work collaboratively lo support older vulnerable citizens and offer greater choice of provision. We keep in louch with socially Isolated people., we promote self-help and peer-support., we signpost and share essential information and coping skills and provide purposeful, Iherapeullc paid work and volunteering opportunilies. The flexible services we offer are needed more than over. Since the upheaval caused by th8 COVID-19 pandemic many Omega clients have found11 difficult to re-engage with face-lo-face a¢livily whar8 il slill exists. Often due lo frailty and deleritsraling health. fragile personal networks have In some instances broken down and people have gol out of the habil of social engagement. Our scalable, sustainable, grassroots approach enhances personal well-being and makes a worthwhile conliibulion towards building community resilionc&. As dgmand for our programmes continues lo grow, we are implem8nling a plan lo slrenglhen the charity and secure steady, sustainable growth. The valuable contrlbutlon of Omgga colleagues pald and unpald Ovtsr 485 people made a voluntary conlribullon lo our important work this year - anolhor Omega record. We are as ever indebted lo each of our unpaid ¢olleagues lor their enthusiasm, kindness and personal commitment. We continue lo iely heavily upon highly molivaled. capable volunlgers with a wide range of skills who work alongside a small team of paid colleagues. We again sènd Ouf Condolences lo every Omega family that has suffered a bgreavemenl during th8 last twelve months. Collaboratlon and t&amwork The Informalion and support needs of Omega clients are wide.ranging and often urgent. We continue. therefore, lo valufj Ihe relationships we develop with supporters and delivery partners. Parlnership working and collaboralion remains cenlial lo our success. Page 3
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limlled by guarantee) TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Achl6vements and performance Icontlnued) Programme activitles We continue lo work with the famllies of patients suffering from motor neurone disèase in North Shropshire and Powys. We remaln graloful for the continuing support we receive from bereaved families and their friends and former colleagugs. Over the years they hav& enabled us lo provide a sustainable servlco offering lablel dovices loaded with Speech synlhesising sollware and associated ICT equipment. We have further expanded the rnulli-award-winning Challerbox Action Againsl Loneliness enhand telephone bèfriending programm& and our A Leller from Louise safeguarded pen pal service. Bolh programmes have devéloped a new satellite project which responds lo the needs of a specific sub-group of elienls. Postcards from the Past builds on A Letter Irom Louise. Working closely with caregivers the project helps exceptionally vulnerable ¢lienis who are unable lo live independently. We arrange for volunteers lo exchange old-fashioned postcards with our clier)Is with an emphasls on using cards depicting 6vocalive location8, subject maller and limes lo triggèr cherished memories and conversations. More recently th$ Challerbox team launch&d Videobox which is designed lo reach tech savvy Glienls who find il diflicull to have a ¢onversalSon over the phone because of the lack of facial cues. The Challerbox programme is avallable lo clionls natlofially. We have a very slfong pr6s0neg In the Wesl Mldlands where, for example, Sandwell Metropolitan 8orough Counell funds a largeled setvice. In the last 12 months Challerbox has conlinued lo grow steadily and has expanded in Shropshire. Wolverhampton and BSrmSngham and Sn mosl parts ol Wales. This yèar over 410/ts of Challerbox reforrals w8r6 made from wilhln the NHS and a furthèr 150/0 of cllonls reachÈd us from hosplces and other gnd of life ¢hariligs. We saw Ihe number ¢lients accessing our Chatterbox progr2mme increase from approximately 165 in April 2021 lo over 369 in March 2022. We also saw growth in the number of volunteer befrienders which Tose from 139 10 162. The situation was similar in fespecl of the A Leller from Louls& piojecl. In April 2020 we matched 104 clients and in March 2022 this figure had rison lo 188. We started the year wilh 179 volunteer pen pals and by March 2022 had recruited 209. This growth musl be seèn in the context of reslri¢ling our triage procèss in respe¢l ol Challerbox, necessary bècause of rapid5y increasing demand. We now deal with older, mole vulnerablo clients who have multiple challenges. Outreach and Inforfftalion sharing We remaln delermlned lo flnd new ways lo address urggnl, hSdden need by targelSng cllenls on the verge ol crlsis. Outreach has always been an essential parl of our work. Oulreaeh aclivily. developing and lesling novel delivery models and adopting innovativè ways lo share skills, information and knowledue continue 10 be important aspects of our work. In addition 10 providing a useful service 10 clienls A Leller from Louise is still proving lo be an effective outreach dtsvice. Many people lind Omega aller dlscovering A Letter f¥om Louise. Increasingly Ihe Peter Bon(J Stamp App8al (please see below) Is having a positivè èffect in terms of raising awareness of our work. This year we have hèlped cllenls in over 133 local aulhorily areas. Page 4
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmiled by guarante&l TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Achlevements and performance l¢ontSnued) Grant Maklng Trusts and Foundations We are immonsgly grateful for the financial support we have iec8lved throughout the year and thank each of our financial stakeholders. This year we iecelved help from the following organisalions.. The Expat Foundallon, The Masonic Charitable Foundation, Th& Prince of Wales's Charitable Fund, The February FoundalS0n. Sandwell MBC. The Henry Smith Charity, Sl James's Place Charilablg Foundation. Thè DMF EllSs Charilatyle Fund. Independent Age, The Charles Hayward Foundation, Th8 Souter Charitable Trust, The Eveson Trust. The Weslcroft Trust, The James Beallie Charitable Trust, The Lady Forresler Trust. The Hillon-Jones Charilabltr Trust, Nalional Lollery. The Florence Cohen Charitable Trust, The W E Dunn Trust, Th8 George Henry Collins Charity, The Dulverton Trust. The Expat Foundallon, The Pignalelli Foundation, The Roger and Douglas Turner Charilable Trust. and the Grocer's Charity. Corporate support We are also grateful to our commercial sponsors and indlvSdual donors and the many organisalions who have supported our work Ihroughoul Ihe year, including Marsh Commercial, Jonathan Lloyd-Jones, Arnold ClaTk, NFU Mutual, Quadienl, EDSB Group. Virgin Media. giffgaff, Mansfield Building Society, Mellon Mowbray Bullding Sociely, Leeds Building Soclely, Tlpton and Coseley Building Society, Wesl Bromwich Building Soclely, Asda, Midcounlies Co-operative. Zen. A Lellon Percival, Blakemore Foundalion, Ecclesiastical and the Rotary Club of Shrewsbury. The financial help and help in kind we receive from our corporate supporters adds significant value to our work. Heartfelt thanks We thank all our colleagues, former colleagues. frien(Ss and for Ihelr Ingenuity, kSndness and flexibility Ihroughoul the year. Flnanclal revlew a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation Ihal the Charitable Company has adequate resources lo continue In operational existence for the foreseeable future. For this reason, they continue lo adopt th& going concern basis in preparing the financial slalemenls. Further details regarding the adoption of Ihe going concern basis can be found in the accounting policies. Page 5
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limlted by guaranl¢el TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 b. Flnanclal revlew We adopt a prudenl approach lo income generation in order lo secure suslaSnable sel¢e delivery. We are not reliant on any single source ol income and are continuing lo bulld felalionships with an incrèasing number ol carefully chosen grant making trusts and corporate supporters. The amount raised from grants, £245,651. was up this year by £23,Q83 {10Vol yel expendllure Increased by £56,038 {24Q/o}. After reflecting deferred income of £35,000 we s6¢ured a surplus of £17,3641£28,504 in 20211 We are conlinulng our efforts lo Improve our fundraisin9 yield lo meet increasing demand and control rising costs. W& are, for exampl8, increasing community income and aits confident thal we can achieve signili¢anl growlh by developing exisllng fundraising activity and eslabllshing new ways lo raise money. Our abilily lo eonducl lacB-lo-face activity is improving only slowly yel community incomts increased this year and amounted 10 £64,752 lup by over 500A from £42,937 in 2021}. c. Reserves pollcy As of 31st March 2022 we held fieo rèserves of £36,235 {2021'. £27,037) and unreslficled reserves of £53,000 12021.. £35.3941. This figurè repTesenls approximately 2 months, budgeted runnlng eosls, well below the 4-monlh largel sel by Trustees. We are sllll In the process of addresslng Ihls. We usually defer income al the end of Ihe year and report our regeNes immediately beforè schedul8d grant payments and other incomo reaches us. As reported above this year we deferred income of £35,000 down Irom £60,50CI in 2020.21. d. Rlsk managemenl Trustees adopt a conslslenl and prudent approach lo de¢ision-making. A risk Management process Is in place, which is reviewed and updated regularly. Potential risks are assessed, classified, recorded and dealt with appropriately. Insurance is in place lo cover residual operating risks. The Trustees have considered the major rlsks lo which the charity is exposed, and are sallslied that systems are in place lo manage and miligale expostjre lo them. Structure, governance and management a. Constltullon Omega, The National Associalion for End of Life Care is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. b. Mgthods of appolntment or glgcllon of Trusteos The man8ggmenl of (he ChaTilable Company is the responsibilily of the Trustees who are elected and co-opted undef the terms of the Memorandum of Asso¢ialion. Page 6
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlled by guarantaol TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Plan$ for futur& perlods Lonelines5 in later remains a major Issue for Omega cllents. Caring, near end ol life situations and bereavement ¢an result in social isolation. Demand for our setvices is continuing lo rise. We will continue lo further strengthen our management capacity and oxpand our delivery and development teams. This year we helped well over 635 clients. Having already oxcegded our largel to WOTk intensively with al least 500 vulnerable clients who have found il dillicull lo access urgent support by March 2023 we afi now working towards an annual Stretch target of 750. Slatem8nt of Trusteg$' rasponslbllltles The Trustees (who are also the dlrectors ol the Charitable Company for the purposes of company lawl are responsible for preparing the Trusle6s' report and the financial slalemenls in a¢¢ordance with applicable law and United Kingdom Accounting Standards Iunilod Kingdom Gonerally Accepled Accounting Praclicel. Company law requires the Trustees lo prepare financial slalemenls for each flnanclal year. Under company law, th8 Trustees musl not approve Ihe financial slalemenls unless they are satisfied that thèy givè a true and fair vlew ol th& stale of affairs ol the Charitable Company and of ils incoming resources and application of resources, Including ils Income and expondiluro, for that period. In preparing these financial slalemenls, the Trustees are required lo.. select suitable accounling policies and Ihen apply them consislenlly.. observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounling estimales that aro roasonabl& and prudenl.. Slate wh8lh8r appll¢able UK Accounting Standards IFRS 1021 have been followed. subject to any material departures disclosed and explained in the financlal slalemenls., prepare the financial statements on the going ¢oncern basis unlg5811 Is Inapproprlato to prasumo that Iho Charitable Company will continue in business. Th8 Truslees are responslble for keeplng adequ8le accounllng records that are sufficlent lo show and explaln the Charilablo Compony's transactions and disclose with reasonabl8 accuracy al any lime the financial position of Ihe Charitable Company and enable them to ensure that the financial slalements wmply with the Companles Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approv d by ordor of Ihe members of the board ol Trustees and signed on their beha5f by.. I,L WI Mr L Waters (Chair of Trusteès) Dale.. Page 7
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022 Ind&pendent Examln&r's Report to the Trustees of Omèga, The Natlon&l Assoclatlon for End of Llfe Coro I'thg Charllable Company.) I report lo the charity Trustees on my examinalion of Ihg accounts of the Charilable Company for the year ended 31 March 2022. R85ponslbllltl88 and Basls of Report As thè Trustees of thè Charitable Company land ils diieclors 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 {'Ihe 2006 Acl'l. Having satisfied myself that Ihe accounts ol the Charitable Company are not required lo be audited under Part 16 of the 2006 Act and are eligibl& for indgpgndfjnl examination, I report in respect of my examlnalion of tho Charilable Company's accounts carried out under section 145 01 the Charities Ael 2011 I'lhe 2011 Act'l. In carrying out my oxaminalion I have followed the Diieclions given by the Charity Cornmission under section 14515llbl Of the 2011 Act. page 8
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) INDEPENDENT EK4MINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Independent Examinerfs Statemont I have ¢ompleled my examination. l confirm that no malleis have come lo my allenlion in connection wilh the exominalion giving me cause lo beli6ve'. acwunllng records were not kepl in respect of the Charitable Company as requlred by 8ècllon 386 of the 2008 Act., or the accounts do not accord with those records- or the acwunts do not comply with the accounting requirements of sèction 396 of the 2006 Act other than any requirement that the accounts giv8 a'lrue and fair, view which Is not a maller considofed as part of an independent examinaliDn' or the accounts have not betsn prepared in accordance with the melhods and principles of the Slalemenl of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing Ihelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10212. I havo no concerns and have ¢oMe across no olh8r mallers in ¢onneclion wllh the examinalion lo which allenlion should be drawn in this report In order lo enabl& a proper understanding of the accounts lo be reached. ThSs report is mado solely lo the Charitable Company's Trustees, as a body, in accordance with Part 4 of the hafilies (Accounts and Reports) Regulations 2008. My work has been undertaken so Ihal I might stale to the Charitable Company's Trustees those mallers l am requlred to slate lo them in an Independent examinerfs r6POrt and lor no other purpose. To the lullesl exlenl permilled by law, I do not accept or assume responslbllSly lo anyone other than the Charitable Company and the Charitable Company's Tiusloes as a body. lor my work or for this report. Signg(J'. Dated.. 3111012022 T Lunt BA FCCA MIRPM WR Partners Chartered Accounlanls Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Page 9
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmltèd by guarant991 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2022 Restrlcted Unrestrlcled funds funds 2022 2022 Total funds 2022 Tol81 funds 2021 Note Income from: Donations and legacies Othèr trading acliviligs Investments 225.746 75,89Y 8,756 301.643 8.756 257,947 7.536 22 Total Income 225.746 84,657 310,403 265.505 Expendlture on.. Raising funds Charilable aclivilies 2,359 64,692 2,359 290,645 2,037 234,964 225,953 Total exp6ndltur8 225,953 67,051 293,004 237,001 Nel movement In funds 12071 17,606 17,399 28,504 Recon¢lllatlon of funds: Total funds brought fotward Nel rhovem8nl In funds 207 12071 35,394 17,606 35,601 17.399 7,097 28,504 Total fund5 Carrled fOard 53,000 53.000 35.601 The Slalemenl ol Financial Activities Includes all gains and losses recognised in thè year. The notes on pages 13 10 26 form part of Ihese financial slalèmenls. Page 10
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarante81 BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Note Flxed assets Tangible ass8ls 12 16,765 8,357 16,765 8,357 Currgnt ass&ts Oeblors Cash al bank and in hand 13 10.752 69.051 4, 171 89,478 79,803 93,649 Credllors.. amounts falllng due wilhln one ytsar 14 143,5681 (66,405) Net current assets 36,235 27,244 Total assets less current Ilabllitltss 53.000 35,601 Total net assets 53.000 35,601 Page 11
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA Company Ilmlted by guarantee) BALANCE SHEET ICONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Note Charlty funds Reslricled funds Unreslrlcted funds 15 15 207 53,000 35.394 Total fund$ 53.000 35,601 Thè Charitable Company was enlllled lo exemption from audit under section 477 of the Companlès Act 2006. The members have not required the company lo obtain an audit for the year In question In accordance with section 476 of Companies Act 2006. The Trustees acknowledge their iesponsSbllllies for complylng with the requirements of the Act with Tèspecl lo accoun14ng recor(Js and preparation of financial stalem&nls. The Ilhancial slalemenls have been prepared in accordance with the provisions appllcable lo enlllles subject 10 the small companies regime. The financial slalemtsnls wfyro approved and aulhorised for issue by Iho Trustees and signed on their bèhalf by.. MrLWa ers {Chalr of Trusleeg Dale.. 26 &12 The notes on pages 13 10 26 form part ol Ihese financial slalemenls. Page 12
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Ggngral Informatlon Omega, The National Association for End of Life Care Ss a charitable company, limited by guarantee and incorporaleij in England and Wal88. The members of the charity are Ihe Irusle8s named on pagg 1 of these accounts. In the event of the ¢harilable company beSng wound up, the liability in respect of the guarantee is limited lo £10 per fflemb8r ol th8 charSlabl& company. Accounllng policlès 2.1 Basls of preparatlon of flnan¢lal statomgnts The linancSal slal&monls have been prepared in accordance with the Charities SORP IFRS 102) - Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applScable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard 8ppllcable In Ihg UK and Republic of Ireland IFRS 1021 leffecllve 1 January 20191, tho Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} and the Companies Act 2006. Omega. Th8 National Association for End ol Life Care meets the definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless olh6rwlse slated In the relovanl accounting policy. 2.2 Golng GonGern After maklng enquires, the Trustees havo a reasonable expe¢lalion that the Charity has adequate resources lo continu& in operational existence for the foreseeable ftjlure. The Charity therefore continues to adopt the going concern basis in preparing ils financial slalements. The Trustees have also assessed the potential impact on the future operallons of the Chailly wSlh regard to the CDvid-19 outbreak, The Charity is considered lo be well pos51Ionod given the Current environment with no impact on the golng concern basis of the linanclal slalem&nts. Page 13
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarante&l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng poll¢los (conllnuedl 2.3 Income All income Is recognised once the Charitable Company has enlillemenl lo the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognillon of income froTM legaciès is dependent on establishing enlillemenl, the probability of receipt and the ability lo estimate with sullicienl accuracy the amount feceivable. Evideiice of enlillernent to a legacy exists when the Charitable Company has SLtllicienl evidence that a gift has been lell lo them Ilhrouoh knowledge of Iho exlslenc& of a valid will and the death of the bei)efaclorl and the executor is satisfied that Ihe property in qijeslion wi11 not be required lo sallsfy claims in the eslate. Receipt ol a legacy musl be recognised when il is probable thai it will be received and the fair value ol the amount recelvable, which will g6n6rally bs the axpecled ca811 amour)I lo be dislribuled lo Ihe Charitable Company, Can be reliably rneasured. Granls are included in thè Slalemenl of financial activities on a receivable basis. The balance of intt>me recelved for sp8cific purposes bul not èxpènded during the period is shown in the relevanl funds on the Balance sheet. Wh&r8 income is receSved in advance of enlillefflenl ol receipt, 118 recognition is deferred and Sn¢luded in creditors as deferied Income. Where enllllemenl occurs beforè income is receivèd, the in¢ome is accrued. Where the donated good is a fixed asset, il is measured al falr valu6, unless il is impractlcal to measure this reliably. in which case the cost of the item lo the donor should be use(J. The gain is recognised as income from donations and a corresponding amount is ihcluded in the appropriate Ilxed asset class and depreciated over Ihe useful economic life in accordance wilh the Charitable Company's accounting pollcies. On receipt, donated professlonal sfytvi¢es and facS1ilies are re¢ognised on Ihe basls of 11)e value of the gift lo the Charitable Company which is the amount il would have been willlng lo pay lo obtain services or facilities of equivalent economic benefit on the open market,. a corresponding amount is then recognls8d in expenditure in the period of receipt. Income lax recoverable in relation to inv&slmenl income is recognised al tho lime the investment income is receivable. 2.4 Expgndlture Expondil(Jre is recognised once there is a legal or conslruclive obligation lo Iransler economic benefit Its a Iliird party. il Is probable that a transfer of economic benefits will be required in s8tll8menl and the amount of the obligation can be ffleasured reliab5y. Expènditure is classified by aclivily. The costs of each activity are madè up of the lolal ol direct costs and shared costs. including support costs involved ih undertaking each aclivily. Direct costs allribulable lo a single activity are allocated directly lo that aclivily. Shared costs which conlribule lo Inore than one aclivily and support wsls wliich are not attributable lo a single activity are gpportioned belwegn those aclivilles on a basis consislenl with the use of resources. Central staff eosls are allocaled on tho basis of lime spent. and deprtscialitsn charges allocated oli the portion of the asset's use. ExpÈndilure on raislng funds Includes all expgndllure Incurred by the Charitabl& Compahy lo raise funds for ils tharilable purposes and in¢ludes costs of all fundraising activities evènts and non- ch8rilable IradSng. Pau8 14
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guaranlgel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accounllng pollcles Icontlnuedl 2.4 Expendilure {contlnuedl Expenditure on charilable activities is Incurred on dlrectly undertaking the activities whlch further Ihe Charitable Company's objectives. as well as any associated support costs. 2.5 Tartglble flxgd assets and depréclatlon Tangible fixed assets cosllng £NIL or more are capilalised and recognlsed when lulure economlc benefits are probable and the cost or valug of the asset can be measured reliably. Tangible fixed assets are initially recognised al cost. After recognition. under the cost model, tangible fixed a55els are measured al cost less accumulated depreciation and any accumulated impairment 108ses. All costs incurred lo bring a tangible fixed asset into ils intended working condition should be included in Ihg measurement ol cost. Depreciation Is charged so as lo allocate the cost of tangible fixed assets less their resldual value over their eslimaled useful lives, on a reducin9 balanc& basls. Depreciation Is provSded on the lollowing basis.. Fixtures and fillings Computer equipment 25% 25Yo 2.6 Debtors Trade and other debtors are recognised al the sellleinBnl amount after any trade discount offered. Propaymants are valued at the amount piepald nel of any Irade discounts due. 2.7 Cash at bank and In hand Cash at bank and in hand Includes cash and short-lerm highly Ilquld inveslmenls with a short malurily of three months or less from the dale ol acquisition or openlng ol the deposit or slmllar account. 2.8 Llabllllles and provlslons Liabilities are recognlsed when there is an obligation al Ihe Balance sheet dale as a result of a past event, il is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the setlltsment can be eslimaled reliably. Liabilities are recognised al Ihg amount that the Charitable Company anlicipales il wll pay lo sellle the debt or the amount il has received as advanced payments for the goods or services il musl provide. 2.9 Flnanclal Instrumgnts The Charilable Company only has financial assets and linancSal liabilities of a kind that quallfy as basi¢ financial inslrumenls. Basic financial instruments are inilially recognised al Ifansacllon value and subsequently moasured al their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. Page 15
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA oompany Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng policles Iconllnuedl 2.10 P9n$lons The Charitable Company operates a defined contribution pension scheme and Ilie pension chargo represents the amounts payable by the Charitable Company lo Ilie fund in respe¢l of the yèar. 2.11 Fund accour)tlno General funds are unreslricled funds which are avall8ble for use al the discretion of the Truslees in furlherance of the general objectives of the Cliaritabl8 Company and which have not been dèsignated for other purposes. Reslricled funds arè funds whlcli are lo be used in accordance with specific reslriclions imposed by donoTS or whith have be&n ralsed by the Charitable Company for particular purposes. The cosls of raislng and administering such funds are cl7arged agaSnsl the specific fund. The aim and use of each reslricled fund is sel out In the notes lo the financial slatemenis. Income from donatlons and lggacles Reslricled Unreslrlcted funds funds 2022 2022 Total fuiids 2022 Tolal funds 2021 DonaliOn8 Grants Similar incoming rèsources 96 225,650 40,275 20,001 15,621 40,371 245,651 15,621 34,698 222.568 681 22Jf,746 75,897 301,643 257.947 Total 2021 120,195 t37, 752 257.947 Page 16
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA compally Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income from othor tradlng actlvltlgs Incom& from fundralslng èvents Unrestrlcted funds 2022 Total funds 2022 Tolal funds 2021 Other fundraising events 8.756 8,756 7.536 Total 2021 7,536 7,536 Investment Income Unrestricted funds 2022 Total funds 2022 rolal funds 2021 Inveslmenl income 22 Total 2021 22 22 Expgndlture on ralslng fund$ Costs of ralslng voluntary Incoma Unrestrlcted funds 2022 Total funds 2022 Total funds 2021 Costs of raising voluntary income 2.359 2,359 2.037 Total 2021 2,037 2,037 Page 17
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Analysls of exp8iidltur8 on charltable acllvltles Summary by fund type Restrlcted Unre5trlcled funds funds 2022 2022 Total fund5 2022 Total funds 2021 Direct costs 225,953 64,692 290.645 234.964 Tolal 2021 120.070 114,894 234,964 Ahalysls of expendlture by a¢tlvlllBs Activities undertakeii dirèctly 2022 Total funds 2022 Total fiinds 2021 Dired ¢osls 29CI.645 290,645 234,964 Total 2021 234,964 234,964 Page 18
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmllgd by guaranteg) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Analysls of expendlturo by actlvltles Icontlnuedl Analysls of dlrect costs Total funds 2022 Tolal funds 2021 Actlvltles 2022 Staff costs Depreclallon Printing Travel Projects Telephone Computer costs Subscriptions and publications Bank charges Sundry Rent Rates antJ water Insurance 232,600 5.588 8.598 1.636 1,068 4,584 6,881 1,880 130 2,224 11,676 1.614 2,945 3.29rJ 2.126 2.521 563 232,600 5,588 8,598 1.636 1.068 4,584 6,881 1,880 130 2,224 11,676 1,614 2,945 3,290 2,126 2,521 563 195,312 2.786 5,737 509 1,718 3,521 2,253 511 69 1,213 11,109 1,222 2.520 2. 16T 2, 137 1,969 496 Light and heal Ropalrs and renewals Accountancy fees Staff expenses Trustee expenses Consullancy fees Events 385 {70) 719 719 290.645 290,645 234,964 Total 2021 234,964 234,964 Independent examln8r's romunoratlon 2022 2021 Fees payable lo the Charitable Company's independent examlner for the independent examlnalion of Ihe Charitable Company's annu81 accounts 1.614 t.362 Pagg 19
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmiled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 10. Staff costs 2022 2021 Wages and salaries Social security costs Contribution lo defined conlrlbulion penslon schemes 215,527 8,790 8.283 184. 197 5,542 5.573 232.600 195.312 The average number of persons employed by the Charitable Company duiing Ihe year was as follows.. 2022 2021 No. Employees 18 25 No employee rec&lved remuneration amounting lo more than £60,000 In ellher year. 11. Truste&$' rèmuneratlon and expgn$es Du¥ing Ihe year, no Twslees reiVed any remuneration or Other benglils (2021- £NIL). During the year ended 31 March 2022. no Truslee expenses have been incurred f2021- £NIL). Page 20
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company limited by guaranto0} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12. Tanglble flxed assets Flxtures and fltlings Computer equipmènt Total C05t or valuation Al 1 April 2021 Addillons 13.957 9.408 37,922 4,588 51,879 13,996 Al 31 March 2022 23,365 42,510 65,875 Depreclallon Al 1 April 2021 Charge lor the year 13,401 2,491 30,121 3,097 43,522 5,588 Al 31 March 2022 15,892 33,218 49,110 Not book value Al 31 March 2022 7,473 9,292 16,765 Al 31 Mah 2021 556 r,801 8,357 Fixtures and fillings additions durSng 2022 included donated assets valued al £1,500. 13. D&btors 2022 2021 Due within one year Prepayments and accruod income 10.752 4,171 10,752 4,171 Page 21
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE (A company Ilmlted by guaraiitegj NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAACH 2022 14. Crodltors: An)ounls falllng due wllhln one year 2022 2021 Tradè creditors Other laxalic>n ahd social securlly Other credilors Accruals and deferred income 2.304 3.634 1.016 36,614 3.471 1.072 61,862 43.568 66,405 2022 2021 Deferred it)come at 1 April 2021 Resources deferred during the year Amounts rel&ased from previous periods 60.500 35,000 {60.5001 32.000 28.500 35,000 60,500 Page 22
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlled by guarant9&1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Statement of funds Statgment of funds - current year Balance at 31 March 2022 Balance at 1 April 2021 Transfers Inlout Incomg Expendlturo Unr&strlcted funds Goneral Funds - all fund5 35.394 84,657 167,0511 53,000 Restrlctèd funds MND Family Support The Challerbox Action Against Loneliness Programme A Leller Frorn Louise Cole funding I Core costs Motor Neurone Disease Programme hAeeling Point Support Groups Capital costs I IT infraslru¢lure 207 1207) 60,501 15,000 134,150 {60,501} {15.000} {134,150} 95 13021 {15.0001 11,0001 207 15,000 1,000 207 225,746 1225,9531 Total of funds 35,601 310,403 1293,0041 53,000 Page 23
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 15. Statemgnt of funds {conllnuedl Gransl and donations received have been comblned Inlo the fund for which the income has been intended. Grant providers of £5,000 or over have been id&nlilied within the fund lo which their grant is apllicable lo. Reslrlcted funds Comprlse of.. The Chatterbox Actlon Agalhst Lonallhess Programmè- Free telephone befriendlng lor older pgople who eiijoy a chal. Ilncluding grants from Prince of Waltss, Sandwell Council House and Evesonl A Letter from Loulse - For those who Ilko lo receivo a frièndly leller lo share Stories about their lives, families and Inleresls. Ilnclu¢Ying a grant Irom Masonic Chariiable Foundation) Core fundlngl core costs . Ceftlralised core fund exisling lo support olher funds or programmes. Reapportioned on a laboui hour basis. Ilncluding grants from ExPal Foundation, Henry Smilh, Nalional Lollery Community Fund. DMF Ellis Charitable Trust and Florènce Cohen Charitable Trusll Motor Neuront) Dlsease Programmg cenlr2lis&d ¢ore fund exislihg lo support other funds or programmes. Reapportioned on a labour hour basis. M98tlng polnl Support Groups . Groups for caregivers, former caregivers and the bereaved in the Wesl Midlands area. Groups provide peer-lo-peer support and friendship. a¢¢ess lo speakers, signposling lo other services. a chanGe lo socialise and a respite from the carin9 role. Ilncluding a grant from Independent Age) Capltal costs I IT Infrastructura - Capital fund. Page 24
OMEGA. THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 15, Statement of funds Icontlnuedl Statèment of funds - prlor year Balanc6 at 31 March 2021 Balance al l April 2020 Income Expenditure Unrestrlcted funds Ganeral Funds- 811 funds 7.015 145,310 (116,931) 35,394 Restricted fund5 MND Family Support National Loll6ry Community Fund PWCF Fund Edward GDslling Foyle Foundation Sandwell Other reslricled funds < £10,000 82 125 31,570 30,000 10,000 10,000 10.000 28,500 207 (31,570J (30,OOOJ (10,OOOJ (10.OOOJ (io.oooJ (28,500J 82 120, 195 (120.070) 207 Total of funds 7,097 265.505 (237,001) 35,601 16. Analysis of net assets between funds Analysls of net assets bgtwaan funds- current year Unrestricted funds 2022 Total funds 2022 Tangible fixed assels Current assets Creditors due wllhin one year 16,765 79,803 {43,5681 16.765 79,803 143,5681 Total 53,000 53.000 Page 25
OMEGA, THE NATIONAL ASSOCIATION FOR END OF LIFE CARE IA company Ilmlled by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 16. Analysis of net assets b&lw•on funds Icontlnued) Analysls of net assets between funds - prlor year R6slricted Unr6s1ricled funds funds 2021 2021 Total funds 2021 Tangible fixed assets Current assets Creditors due within one year 8,357 93,442 {66.405) 8,357 93,649 (66,405) 207 Total 207 35,394 35,601 17. Penslon commltments The group op&rales a defined coniribulion pension scheme. The assets of Ihe scheme arè held separately from those of the oroup in an independently administered fund. The pensior) cost charge represeiits contributions payable by the Qroup 10 the fund and amounted lo £8.283 {2021 £5,5731 during Ihe yeai. There was no amouhi oulslandlng al the Bal81)c8 Sh&61 dale. 18. Related party Iransacllons During the year dose family membèrs of two Irusl6ès J Ruthèrford and D Jamgs held parl-lime. paid roles al OMEGA. Their comblned remuneration lolalled £17,837 in gross pay and pension conlribulions. There were no relaled party Iransactlons declared during the previous year. Page 26