| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent auditor's |
report to | the members | 10 | |||
| Statement offinancial |
activities | (including | income and | |||
| expenditure account) |
15 | |||||
| Statement offinancial |
position | 16 | ||||
| Statement ofcash flows |
17 | |||||
| Notes to the financial | statements | 18 |
| Year end | ed 31 March 20 | ed 31 March 20 | ed 31 March 20 | 22 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Reference | and administrative | details | |||||||
| Registered | charity | name | ADHD Foundation | ||||||
| Charity registration | number | 1120898 | |||||||
| Company | registration | number | 05368328 | ||||||
| Principal oflice and | registered | 54 St.James | Street | ||||||
| office | Liverpool | ||||||||
| L1 OAB | |||||||||
| England | |||||||||
| The trustees | |||||||||
| Mrs J Platt | |||||||||
| Prof A Kirby | |||||||||
| Prof SYoung | |||||||||
| Dr R Gallagher | |||||||||
| Dr C Cornforth | |||||||||
| Mrs J Fitzpatrick | |||||||||
| Mrs M Fraughan | |||||||||
| Mr BJones | |||||||||
| Dr DWass | |||||||||
| Prof A Thapar | |||||||||
| Mr L Omar | |||||||||
| Mr D Johnson | MSP | ||||||||
| Mr F Connolly | (Appointed | 30 September 2021) | |||||||
| Prof SCortese | (Appointed | 23October | 2021) | ||||||
| DrJ Fellick | |||||||||
| Dr K Naidoo | (Resigned | 1 November | 2021) | ||||||
| Dr P Mason | (Resigned | 16November | 2021) | ||||||
| Auditor | JVSA LTD | ||||||||
| Chartered accountants |
&statutory | auditor | |||||||
| Suite 205-209 | |||||||||
| The Malthouse | Business Centre | ||||||||
| Southport Road |
|||||||||
| Ormskirk | |||||||||
| Lancashire | |||||||||
| L39 1QR |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | 6 | E | 6 | |||||
| Income and endowments | ||||||||
| Donations and legacies |
5 | 53,850 | 53,850 | 63,344 | ||||
| Charitable activities |
6 | 921,544 | 238,656 | 1,160,200 | 734,140 | |||
| Other trading activities |
7 | 89,333 | 89,333 | 19,120 | ||||
| Investment income |
8 | 2 | 2 | 5 | ||||
| Other income | 9 | 2942 | 2,942 | 87,509 | ||||
| Total income | 1,067,671 | 238,656 | 1,306,327 | 904,118 | ||||
| Expenditure | ||||||||
| Expenditure on raising funds: |
||||||||
| Costs of raising | donations | and | ||||||
| legacies | 10 | 1,595 | 1,595 | 940 | ||||
| Expenditure on charitable |
activities | 11,12 | 1,104,102 | 164,346 | 1,268,448 | 906,640 | ||
| Total expenditure | 1,105,697 | 164,346 | 1,270,043 | 907,580 | ||||
| Net income/(expenditure) | and | net | ||||||
| movement in funds |
(38,026) | 74,310 | 36,284 | (3,462) | ||||
| Reconciliation offunds |
||||||||
| Total funds brought | forward | (28,656) | 29,575 | 919 | 4,381 | |||
| Total funds carried | forward | (66,682) | 103,885 | 37,203 | 919 |
| Note | 2022 f |
2021 E |
||
|---|---|---|---|---|
| Fixed assets | ||||
| Intangible assets |
18 | 22,794 | 19,611 | |
| Tangible fixed assets | 19 | 52,305 | 67,017 | |
| 75,099 | 86,628 | |||
| Current assets | ||||
| Debtors | 20 | 227,457 | 124,833 | |
| Cash at bank and in | hand | 9,684 | 33,042 | |
| 237,141 | 157,875 | |||
| Creditors: amounts | falling due within one year | 21 | 251,704 | 205,231 |
| Net current assets | (14,563) | (47,356) | ||
| Total assets less current liabilities | 60,536 | 39,272 | ||
| Creditors: amounts | falling due after more than one year | 22 | 23,333 | 38,353 |
| Net assets | 37,203 | 919 | ||
| Funds ofthe charity | ||||
| Restricted funds |
103,885 | 29,575 | ||
| Unrestricted funds |
(66,682) | (28,656) | ||
| Total charity funds | 26 | 37,203 | 919 |
| Year ended 31 March 2 | 022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Cash flows from operating | activities | |||
| Net income/(expenditure) | 36,284 | (3,462) | ||
| Adjustments for: |
||||
| Depreciation oftangible fixed |
assets | 17,432 | 18,712 | |
| Amortisation of intangible assets |
9,777 | 6,537 | ||
| Other interest receivable and |
similar income | (2) | (5) | |
| Interest payable and similar charges |
2,384 | 2,848 | ||
| Accrued expenses/(income) | 7,797 | (2,484) | ||
| Changesin: | ||||
| Trade and other debtors | (111,569) | 95,879 | ||
| Trade and other creditors | 52,425 | 16,275 | ||
| Cash generated from operations |
14,528 | 134,300 | ||
| Interest paid |
(2,384) | (2,848) | ||
| Interest received | 2 | 5 | ||
| Net cash from operating activities |
12,146 | 131,457 | ||
| Cash ffows from Investing | activities | |||
| Purchase oftangible assets |
(2,720) | (80,552) | ||
| Proceeds from sale oftangible assets | 5,839 | |||
| Purchase of intangible assets |
(12,960) | (26,148) | ||
| Net cash used in investing activities |
(15,680) | (100,861) | ||
| Cash flows from financing | activities | |||
| Proceeds from borrowings | (19,824) | 8,419 | ||
| Net cash (used in)/from financing activities |
(19,824) | 8,419 | ||
| Net (decrease)/increase in cash and cash |
equivalents | (23,358) | 39,015 | |
| Cash and cash equivalents | at beginning | ofyear | 33,042 | (5,973) |
| Cash and cash equivalents | at end of year | 9,684 | 33,042 |
| Donatio | ns and legacies |
||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 f |
Funds | 2021 f |
||
| Donations | |||||
| Donations | 47,761 | 47,761 | 49,659 | 49,659 | |
| Gifts | |||||
| Gift aid | 2,527 | 2,527 | 777 | 777 | |
| Grants | |||||
| General | grants | 3,562 | 3,562 | 12,908 | 12,908 |
| 53,850 | 53,850 | 63,344 | 63,344 |
| Charitable activities |
||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||||
| Funds f |
Funds f |
2022 6 |
||||||
| Contract and sales income | 634,774 | 634,774 | ||||||
| Barnwood Trust - Umbrella |
Project | 20,000 | 20,000 | |||||
| RESTAR | 923 | 923 | ||||||
| Private Clinic income | 163,555 | 163,555 | ||||||
| Garfield Weston | 25,000 | 25,000 | ||||||
| Steve Morgan Foundation |
Emergency | Covid | ||||||
| National Lottery - Neurodiversity |
Academy | 66,605 | 66,605 | |||||
| National Lottery ICT development |
grant | |||||||
| Steve Morgan Foundation |
- | Fabric | district project | 49,203 | 49,203 | |||
| P H Holt Foundation | ||||||||
| CAF Covid grant | ||||||||
| Postcode Lottery | ||||||||
| NatWest Social & Community | Capital Coronavirus | |||||||
| Response Grant |
||||||||
| SESFGrant | ||||||||
| Community Fund - Unbrella |
Therapies | Grant | ||||||
| Waterloo Foundation | ||||||||
| Release of 2021 Deferred | Income | 76,925 | 76,925 | |||||
| Training Income |
123,215 | 123,215 | ||||||
| 921,544 | 238,656 | 1,160,200 |
| Unrestricted | Restricted | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds f |
Funds f |
2021 | |||||||
| Contract and sales income | 459,145 | 459,145 | |||||||
| Barnwood Trust - Umbrella |
Project | ||||||||
| RESTAR | |||||||||
| Private Clinic income | 30,716 | 30,716 | |||||||
| Garfield Weston | |||||||||
| Steve Morgan Foundation | Emergency | Covid | 20,187 | 20,187 | |||||
| National Lottery - Neurodiversity |
Academy | ||||||||
| National Lottery ICT development |
grant | 44,980 | 44,980 | ||||||
| Steve Morgan Foundation | - | Fabric | district project | 57,329 | 57,329 | ||||
| P H Holt Foundation | 3,000 | 3,000 | |||||||
| CAF Covid grant | 7,080 | 7,080 | |||||||
| Postcode Lottery | 8,500 | 8,500 | |||||||
| NatWest Social & Community | Capital Coronavirus | ||||||||
| Response Grant | 45,543 | 45,543 | |||||||
| SESFGrant | 33,387 | 33,387 | |||||||
| Community Fund - Unbrella |
Therapies | Grant | 3,050 | 3,050 | |||||
| Waterloo Foundation | 2,000 | 2,000 | |||||||
| Release of 2021 Deferred | Income | ||||||||
| Training Income |
19,223 | 19,223 | |||||||
| 509,084 | 225,056 | 734,140 | |||||||
| 7. | Other trading activities |
||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 f |
Funds f |
2021 | ||||||
| Fundraising events |
89,333 | 89,333 | 19,120 | 19,120 | |||||
| 8. | Investment income |
||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds f |
2022 f |
Funds f |
2021 f |
||||||
| Bank interest recervable |
2 | 2 | 5 | 5 | |||||
| 9. | Other income | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds f |
2022 f |
Funds f |
2021 f |
||||||
| Coronavirus Job Retention |
Scheme | 2,942 | 2,942 | 87,509 | 87,509 |
| Costs of rais | ing donation | s and lega |
cies | |||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| 8 | E | F | ||||
| Costs of raising donations | and | |||||
| legacies - Donations | 1,595 | 1,595 | 940 | 940 | ||
| Expenditure | on charitable | activities | by fund type | |||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| f | 6 | |||||
| Direct charitable costs | 669,594 | 88,250 | 757,845 | |||
| Support costs | 434,508 | 76,096 | 510,603 | |||
| 1,104,102 | 164,346 | 1,268,448 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| E | 8 | f | ||||
| Direct charitable costs | 321,653 | 195,481 | 517,134 | |||
| Support costs | 389,506 | 389,506 | ||||
| 711,159 | 195,481 | 906,640 |
| diture | on char | itable activit |
ies by activity type | |||
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Support | Total funds | Total fund | |||
| directly F |
costs 8 |
2022 f |
2021 8 |
|||
| Direct | charitable | costs | 757,845 | 510,603 | 1,268,448 | 906,640 |
| Analysed as |
follows | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | F | ||
| Staff costs | 622,484 | 386,041 | |
| Pension | 11,286 | 7,501 | |
| Redundancy | 5,649 | ||
| Activities | 98,347 | 32,758 | |
| Consultancy | fees | 23,044 | 81,903 |
| Volunteer expenses | 2,684 | 3,282 | |
| 757,845 | 517,134 |
| Analysis of |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| support costs | |||||||||
| activity 1 f |
Total 2022 f |
Total 2021 | |||||||
| Staff costs | 165,053 | 165,053 | 104,712 | ||||||
| Premises | 25,589 | 25,589 | 4,443 | ||||||
| Communications | and IT | 74,422 | 74,422 | 65,502 | |||||
| General office |
98,268 | 98,268 | 60,018 | ||||||
| Human resources |
6,508 | 6,508 | 3,120 | ||||||
| Finance costs | 5,793 | 5,793 | 4,914 | ||||||
| Governance | costs | 4,566 | 4,566 | 1,855 | |||||
| Pension costs | 2,993 | 2,993 | 1,708 | ||||||
| Advertising | 44,993 | 44,993 | 25,609 | ||||||
| Publications | and subscriptions | 2,876 | 2,876 | 2,972 | |||||
| Insurance | 4,321 | 4,321 | 3,698 | ||||||
| Travel expenses | 28,201 | 28,201 | 6,762 | ||||||
| Training expenses | 17,375 | 17,375 | 27,124 | ||||||
| Refreshments | 805 | 805 | 893 | ||||||
| Bad debts written | off | 1,631 | 1,631 | 45,087 | |||||
| Depreciation | 27,209 | 27,209 | 31,088 | ||||||
| 510,603 | 510,603 | 389,505 | |||||||
| 14. | Net income/(expenditure) | ||||||||
| Net income/(expenditure) | is stated after | charging/(crediting): | |||||||
| 2022 | 2021 | ||||||||
| Amortisation | of intangible | assets | 9,777 | 6,537 | |||||
| Depreciation | of tangible | fixed assets | 17,432 | 18,712 | |||||
| 15. | Independent | examination | fees | ||||||
| 2022 | 2021 | ||||||||
| 6 | |||||||||
| Fees payable | to the independent | examiner for: | |||||||
| Independent | examination | of the | financial | statements | 4,500 | 2,100 |
| Staff cos | ts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2022 | 2021 | ||||
| F. | |||||
| Wages and salaries | 787,537 | 490,743 | |||
| Employer | contributions | to pension | plans | 14,279 | 9,210 |
| 801,816 | 499,953 |
| Development | |
|---|---|
| costs | |
| Cost | |
| At 1 April 2021 | 26,148 |
| Additions | 12,960 |
| At 31 March 2022 | 39,108 |
| Amortisation | |
| At 1 April 2021 | 6,537 |
| Charge for the year | 9,777 |
| At 31 March 2022 | 16,314 |
| Carrying amount |
|
| At 31 March 2022 | 22,794 |
| At 31 March 2021 | 19,611 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Plant and | Fixtures snd | |||
| machinery f |
fittings E |
Equipment E |
Total | |
| Cost | ||||
| At 1 April 2021 | 44,398 | 1,765 | 54,317 | 100,480 |
| Additions | 2,720 | 2,720 | ||
| At 31 March 2022 | 44,398 | 1,765 | 57,037 | 103,200 |
| Depreciation | ||||
| At 1 April 2021 | 11,099 | 595 | 21,769 | 33,463 |
| Charge for the year | 8,325 | 292 | 8,815 | 17,432 |
| At 31 March 2022 | 19,424 | 887 | 30,584 | 50,895 |
| Carrying amount |
||||
| At 31 March 2022 | 24,974 | 878 | 26,453 | 52,305 |
| At 31 March 2021 | 33,299 | 1,170 | 32,548 | 67,017 |
| Debtors | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| r. | f | |||
| Trade debtors | 197,767 | 102,379 | ||
| Prepayments | and accrued income | 8,767 | 21,964 | |
| Other debtors | 20,923 | 490 | ||
| 227,457 | 124,833 | |||
| Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | |||
| Bank loans and overdrafts | 15,020 | 19,824 | ||
| Trade creditors | 40,615 | 85,378 | ||
| Accruals and deferred | income | 106,077 | 85,373 | |
| Social security | and other taxes | 66,015 | 11,849 | |
| Other creditors | 23,977 | 2,807 | ||
| 251,704 | 205,231 |
| Credi | tors: | amo | unts falling due after more than |
one year | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | f | ||||
| Bank | loans | and | overdrafts | 23,333 | 38,353 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 6 | 6 | ||||
| At 1 April 2021 | 76,925 | ||||
| Transferred | to Restricted | Funds | (76,925) | ||
| Amount deferred |
in year | 98,777 | 76,925 | ||
| At 31 March | 2022 | 98,777 | 76,925 |
| At | |||||||
|---|---|---|---|---|---|---|---|
| At | 1 | Apnl 2021 | Income f |
Expenditure f |
31 March 2022 6 |
||
| General | funds | (28,656) | 1,067,671 | (1,105,697) | (66,682) | ||
| At | |||||||
| At | 1 | April 2020 | Income | Expenditure f |
31 March 2021 f |
||
| General | funds | 4,381 | 679,062 | (712,099) | (28,656) |
| Transfer/ | At | ||||||
|---|---|---|---|---|---|---|---|
| At 1 April 2021 f |
Income f |
Expenditure | 31 March | 2022 f |
|||
| Fixed Asset Fund General Fund |
~2575 | 76,925 161731 |
(20,665) ~143481 |
56,060 47 825 |
|||
| Total | 29,575 | 238,656 | (164,346) | 103,885 | |||
| At | |||||||
| At 1 April 2020 F |
Income 6 |
Expenditure 6 |
31 March | 2021 f |
|||
| General | Fund | 225,056 | (195,461) | 29,575 | |||
| At 1 April | Transfer/ | At | 31 March | ||||
| 2021 | Income Expenditure |
2022 | |||||
| Barwood Trust RE-STAR Collaboration |
funding | 20,000 923 |
20,000 923 |
||||
| Garfield | Weston | 25,000 | (13,665) | 11,335 | |||
| National Lottery Neurodiversity Steve Morgan Foundation NatWest RBSSocial Grant |
(29,575) | 66,605 49,203 |
(57,970) (49,203) (22,642) |
8,635 6,933 |
|||
| (29,575) | 161,731 | (143,481) | 47,825 |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | ||||
| 6 | 6 | |||||
| Intangible assets Tangible fixed assets Current assets |
8,262 21,259 |
19,611 58,755 28,133 |
19,611 67,017 49,392 |
|||
| Creditors Creditors |
less than 1 greater than |
year 1 year |
(10,565) (47,612) |
(76,924) | (87,489) (47,612) |
|
| Net assets | (28,656) | 29,575 | 919 |
| Anal | ysis ofchanges in net debt |
|||
|---|---|---|---|---|
| At | ||||
| At 1 Apr 2021 | Cash flows | 31 Mar 2022 | ||
| 6 | 8 | |||
| Cash | at bank and in hand | 33,042 | (23,358) | 9,684 |
| Debt | due within one year | (19,824) | 4,804 | (15,020) |
| Debt | due after one year | (38,353) | 15,020 | (23,333) |
| (25,135) | (3,534) | (28,669) |
| Operating | lea | se commit | ments | ||||
|---|---|---|---|---|---|---|---|
| The total | future | minimum | lease payments | under non-cancellable | operating | leases are | as follows: |
| 2022 | 2021 | ||||||
| 8 | |||||||
| Not later than | 1 year | 882 | 6,175 | ||||
| Later than | 1 year and not | later than 5years | 882 | ||||
| 882 | 7,057 |