Charity no: 1121153 Company no: 05801211
impact REPORT 2021
Proton Foundation Registered in England & Wales Registered office: 242 Leicester Road, Markfield, England, LE67 9RG Company number: 05801211 Charity Commission number: 1121153
table of CONTENTS
4
5
Charity Reference and Administrative Details Statement on behalf of the Chair
6
Risk Management Statement
7 8 -14
CEO's Introduction Trustees Annual Report
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual financial statements of the charity
[TRUSTEES] BANKERS
Randy Sohnchen
David Warren appointed 12.01.2021 resigned 15.04.2021 Jay Williams appointed 09.07.2019 Lisa Rankin appointed 15.12.2020 Terry Lambert appointed 15.12.2020 Marcus Wichmann appointed 28.10.2021
Nat West Bank 1 Market Place Nuneaton Warwickshire CV11 4YY
rEFERENCE & ADMINISTRATIVE DETAILS
Registered Company number 05801211 (England and Wales)
Registered Charity Number 1121153
Registered office 242 Leicester Road Markfield Leicestershire LE67 9RG
INDEPENDENT EXAMINERS
Altus Business Consulting Chartered Accountants 88-89 High Street
Wordsley Stourbridge West Midlands DY8 5SB
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2021 STATEMENT ON BEHALF OF THE CHAIR
In spite of the challenges that Covid continued to pose this year, The Proton Foundation, through the Flourish Project, under the highly competent leadership of our CEO Hannah Williams, forged ahead.
Our very gifted, committed, passionate staff responded to Hannah's direction and delivered our most impactful year yet, positively affecting many young lives. As these young people embrace a different way of thinking and gain a more positive self image, they are preparing for a brighter future than they had previously thought possible.
We are grateful for the support of individuals and organizations that partner with us to help socially disadvantaged, marginalized young people become equipped to achieve their full potential.
We believe in our young people. We will continue to invest everything we have into helping them be all that they can be. Our collective future is contingent upon their success.
We anticipate years of increased impact as we continue to expand our networks and deepen our relationships.
Randy Sohnchen (Jun 9, 2022 13:50 GMT+2)
Randy Sohnchen Chair of Trustees, Proton Foundation
RISK MANAGEMENT STATEMENT
Jay Williams (Trustee with Responsibility for Health & Safety and Risk Management)
Proton Foundation has undoubtedly had risks over the last year and these have been managed effectively by our CEO (Hannah Williams) and Board of Trustees. There are many specific areas that we are actively managing to ensure that Proton Foundation is on a solid foundation as we seek to grow and expand what we do and see our reach growing throughout the region, nationally and internationally. This growth and reach comes with risks that need to be mitigated and managed and this is how we are going about this:
Risk identification process
The health and safety of our employees, volunteer, and service users remain our top priority and this will always be the case. We have created a risk assessment for our home workers which identifies the risks that come with working from home. The team are actively led by Hannah Williams who is an excellent leader who takes the welfare of our team very seriously.
We have established policies and procedures that are aimed at ensuring that our staff team have the support they need. We have also sought to ensure that the financial risks to the organisation are managed by establishing clear financial approval processes and spending limits together with accountability structures. This ensures our funds are used for the right things, the Trustee team are very active in financial management. We have also established guidelines for the selection of our partner organisations to ensure the reputational integrity of the organisation.
The team have also looked at our recruitment and selection process for paid staff and volunteer Trustees. The processes should ensure that we have low staff churn and that our team are better suited to their roles and responsibilities.
We will continually look to review our corporate governance to ensure that Proton Foundation can focus on its vision and do this knowing we have the very best approach to the way we run the charity.
CEO'S
INTRODUCTION
Statement from Hannah Williams CEO
Proton Foundation, like a number of charities, was greatly impacted in 2020 by COVID-19. However, in 2021, the staff team worked extremely hard to come up with new ways in order to bring sustainability, whilst continuing to extend the charity's area of reach and impact.
During the first six months, even though restrictions were still in place, the staff were able to adapt to deliver online training support and were still able to impact the lives of individuals, families, and other communities.
As an organisation, we aim to motivate and attain high levels of excellence and commitment in order to serve and see community transformation in the UK.
As of the end of December 2021, our dedicated staff team consisted of three staff members and one volunteer.
Despite the challenges presented at the start of 2021, we have still been able to engage and fulfil our key objectives listed below:
Developing the capacity and skills of members of socially disadvantaged communities, to help them participate more fully in society.
Promoting the development of young people in achieving their full potential.
To relieve financial hardship.
These objectives are fulfilled primarily by our main programme 'The Flourish Project'.
Developing the capacity and skills of members of socially disadvantaged communities, to help them participate more fully in society. 2021
The Flourish Project is catalytic in helping children and young people, who are socially disadvantaged, to engage more fully in society. The project helps individuals interact with their peers, engage in educational well-being, both in academia and attendance, as well as helping individuals to form positive relationships with their families and the wider community. The project works alongside numerous children and young people from all ethnicity and social backgrounds.
Many of the children and young people who engage with the project are specifically selected by the SENCo worker or family liaison officer of a particular school community. Many of the individuals selected to participate in the project are children and young people who have been subject to several adverse childhood experiences.
For example, substance misuse, family breakdown, bereavement, ill mental health, economic deprivation, looked after children, safeguarding concerns.
The main geographical areas for 2021 are:
England: Atherstone Leicester City Blaby Castle Donnington Loughborough Hinckley Bedworth Leeds
Wales: Newport Blackwood Pontyclun Ystrad Mynach
Scotland: Aberdeen
Developing the capacity and skills of members of socially disadvantaged communities, to help them participate more fully in society A Hub is a ‘organisation’ that has taken responsibility for delivering the Flourish Project in its local area. For example a hub could be a school/church/charity/sports club.[flourish hubs]
We resource 'Flourish hubs' to be equipped to meet the needs of their local communities. We do this through training youth workers, children’s workers, teachers, charity staff and volunteers, who are accredited to deliver the Flourish project in their own area.
In 2021 we had the opportunity to train 116 adults, this training was a mix of awareness, practical application and theoretical concepts.
Fifteen new Flourish Hubs were established, resourced, and equipped to deploy the project in their local areas, meeting a real need for mental wellbeing in children and young people.
----- Start of picture text -----
116
ADULTS
15
NEW HUBS
----- End of picture text -----
Promoting the development of young people in achieving their full potential.
2021
The Flourish project was established in 2017. This project is about inspiring community transformation in the UK.
Our VISION
‘to be a resource that enables individuals, families and organisations to impact the lives of young people to help them thrive and reach their full potential’.
We do this through two different projects, one of these is our 8-week Flourish mentoring programme and the second is our Flourish 8-week online platform. Both programmes focus on how young people view themselves, helping to give them tools and techniques to equip themselves to change mind-sets, ingrained beliefs, and challenge behaviours, which in turn helps their mental wellbeing.
The whole Flourish project addresses areas such as beliefs, self-worth, dignity, respect, social media, aspirations and goal setting.
After the 8-week programme, we believe we will see a generational change, where each person is given the opportunity to Flourish into who they have been made to be, and reach their full potential, whilst building resilience and improving their wellbeing.
The Flourish Project has worked alongside 1531 young people since 2017.
In 2021 the Flourish project has impacted 813 children and young people.
The overall average impact that the project has seen to date is:
An improvement of 21.22% in Mental Wellbeing. An increase of 15.67% in Self-Esteem. An increase of 22.83% in Happiness.
The overall project figures have decreased since 2020.
We believe that this is down to the impact that the pandemic has had on individuals emotional and mental wellbeing and their continuum resilience
1531
21.22% MENTAL WELLBEING 15.67% SELF ESTEEM 22.83% HAPPINESS 813 IN 2021
2021
To relieve financial hardship.
Flourish Online is a new resource that has been developed. Flourish Online enables children and young people to participate in an 8- week programme that gives them the tools and techniques to improve their own selfesteem and mental well-being. It includes healthy habit formation, positive selftalk, aspirations and goals for the future, and developing a ‘growth’ mindset. A mixture of video clips and activities, which have been specially designed to increase self-esteem and mental well-being, are worked through by the pupil. These activities take approximately 30-40minutes. This resource is suitable to supplement a school’s PSHE programme and is aimed specifically at Year 5 & 6 and KS3 pupils.
32 schools offered a free pilot
Flourish Online has been created to help the charity be more financially sustainable for 2022/23.
However, this resource can be used by schools that are experiencing financial hardship. In 2021 we worked with 32 schools in Leicestershire and Leicester City, giving each school the opportunity to use Flourish Online as a complimentary resource to allow up-to 20 vulnerable students per school to work through the 8-week project.
Below is just one example of some of the feedback we received from a teaching assistant who had been overseeing a group of students as they worked through the online project.
' As some personal feedback, my daughter is one of the few who has completed several of the modules and it has been a really brilliant tool for her in terms of her self-esteem and worries. I wanted to thank you for allowing her the opportunity to use it.'
IMPACT FOR 2021
929 lives have been impacted in a positive way.
Direct feedback from some of our hub partners:
'We finished with our rooted group. The deputy head asked to see us just before the final session and we were blown away by the feedback we got from her. She said the boys have all just loved it, the teachers have noticed a difference in them, and parents had been in touch with the school to say they were grateful their boys were on the course and thank the school for it. So, she asked us if we would please keep going with another group and of course we said yes! ' - St Devenicks Church Aberdeen.
'We’ve had conversations around Suicide with the young people and they have opened up so much and we have been able to deal with some of these thoughts through parents and teachers'. - Bethel Church - Pontyclun.
'It has without doubt been an outstanding success and I've seen a huge improvement in confidence and self-esteem in certain children. Two children struggled to talk at all during the first two sessions & one cried after both. By the third session both were confident enough to be first to offer opinions, I was astounded! Both have gone from strength to strength in the weeks since. Every child in both groups approaches me eagerly every week to make sure it will be going ahead. Once again, thankyou for giving us the opportunity to share this experience with our children. I cannot praise the project highly enough. I feel quite emotional at the thought of completing their certificates'. Blackwood School - South Wales.
'I have realised that I need to change not only with my family but with the children I teach, this has been the best training I have ever been on and has helped me identify areas in me that need new truths.' Teacher trained to become a Flourish Facilitator.
‘It has made it so you’ve not been afraid to say the truth, you’re not afraid to keep it in, its a group where you feel more comfortable' 11-year-old boy.
'It’s made me feel more confident to speak to my mum about the problems I’ve been having at home' 10-year-old girl
PUBLIC BENEFIT
CONTINUE TO BE A BENEFIT TO THE PUBLIC
The trustees have given consideration to the charity commissions guidance on public benefit when making the plans for the future and are confident that the charity continues to fulfil the remit of public benefit to the communities it serves.
MEDIA & COMMUNICATIONS
WWW.PROTONFOUNDATION.COM
The foundation uses a number of social media outlets; Instagram, FaceBook and Twitter for communicating. New articles are regularly placed on Proton’s website.
conclusion
COMMUNITY TRANSFORMATION
Proton continues to impact and transform communities through motivating others by training, equipping, enabling, inspiring, and being advocates for change.
This is done through educational partnerships, church networks, youth organisation partnerships and partnering with like minded organisations.
Proton aspires to bring influence and community regeneration in the United Kingdom, Europe and beyond.
TRUSTEES' RESPONSIBILITIES
STATEMENT
The Trustees, who are also directors of the charity are responsible for preparing the Trustees' Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for the year.
In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP 2019 (FRS 102);
-
make judgements and estimates that are reasonable and prudent:
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies 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.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2019 (FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the Trustees/Directors on 13th January 2022.
and signed on its behalf by:
Randy Sohnchen (Jun 9, 2022 13:50 GMT+2)
Randy Sohnchen Chair of Trustees, Proton Foundation
WE THANK YOU FOR YOUR CONTINUED SUPPORT TO PROTON FOUNDATION
PROTON 2021 IMPACT REPORT
Final Audit Report
2022-06-09
Created: 2022-06-09 By: Proton Foundation (info@protonfoundation.com) Status: Signed Transaction ID: CBJCHBCAABAAJw_7H5uSS13qSJwE_RqrnVlPR-DTDY_v
"PROTON 2021 IMPACT REPORT" History
Document created by Proton Foundation (info@protonfoundation.com)
2022-06-09 - 11:31:45 GMT- IP address: 92.40.200.124
Document emailed to Randy Sohnchen (randy.sohnchen@protonfoundation.com) for signature 2022-06-09 - 11:36:03 GMT
Email viewed by Randy Sohnchen (randy.sohnchen@protonfoundation.com) 2022-06-09 - 11:48:07 GMT- IP address: 66.249.93.87
Document e-signed by Randy Sohnchen (randy.sohnchen@protonfoundation.com) Signature Date: 2022-06-09 - 11:50:21 GMT - Time Source: server- IP address: 213.245.159.161
Agreement completed.
2022-06-09 - 11:50:21 GMT
REGISTERED COMPANY NUMBER: 05801211 (England and Wales) REGISTERED CHARITY NUMBER: 1121153
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2021
for
Proton Foundation
Altus Business Consulting Chartered Accountants 88-89 High Street Wordsley Stourbridge West Midlands DY8 5SB
Proton Foundation
Contents of the Financial Statements for the Year Ended 31 December 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
Proton Foundation
for the Year Ended 31 December 2021
Report of the Trustees
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
a) To develop the capacity and skills of the members of socially disadvantaged communities in such a way that they are better able to identify and help meet their needs and to participate more fully in society by such means and in such parts of the United Kingdom or the world as the trustees may from time to time think fit;
b) To relieve financial hardship by such means and in such parts of the United Kingdom or the world as the trustees may from time to time think fit;
c) To promote the development of young people in achieving their full physical, intellectual, social and spiritual potential as individuals, responsible citizens and members of their local, national and international communities by such means and in such parts of the United Kingdom or the world as the trustees may from time to time think fit.
FINANCIAL REVIEW
Financial position
The trustees are satisfied that the financial position of the charity remains strong and at the balance sheet date sufficient reserves are available to maintain and grow the charities activities.
Reserves policy
The charity has available £60,762 of unrestricted reserves at at 31st December 2021 (2020 £61,711). The trustees are satisfied that this meets their reserves policy.
After the date of the balance sheet but before the date of this report at a meeting on 28th February 2022 the trustees agreed to reverse an earlier decision made by previous trustees. The trustees agreed that the previous designation of £29,040 funds to the Global Transformation fund be reversed and those funds returned to general unrestricted funds.
The trustees had given careful consideration and concluded that the original decision did not take into account all of the factors that should have been considered. The trustees agreed that the reversal of the decision was in the best interests of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, memorandum and articles of association adopted on 29th April 2006 and subsequently amended, and constitutes a limited company, ltd by guarantee as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The recruitment and appointment of trustees is set out and defined within the Articles of Association
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05801211 (England and Wales)
Registered Charity number
1121153
Page 1
Proton Foundation
Report of the Trustees
for the Year Ended 31 December 2021
Registered office
242 Leicester Road Markfield Leicester Leicestershire LE67 9RG
Trustees
M J Williams R Sohnchen L Rankin T Lambert D Warren (appointed 12.1.21) (resigned 15.4.21) M Wichmann (appointed 28.10.21)
Independent Examiner
Altus Business Consulting Chartered Accountants 88-89 High Street Wordsley Stourbridge West Midlands DY8 5SB
Approved by order of the board of trustees on 6 April 2022 and signed on its behalf by:
Randy Sohnchen (May 12, 2022 07:47 MDT)
R Sohnchen - Trustee
Page 2
Independent Examiner's Report to the Trustees of Proton Foundation
Independent examiner's report to the trustees of Proton Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors 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 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard Ashmore Institute of Chartered Accountants in England and Wales Altus Business Consulting Chartered Accountants 88-89 High Street Wordsley Stourbridge West Midlands DY8 5SB
6 April 2022
Page 3
Proton Foundation
Statement of Financial Activities
for the Year Ended 31 December 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 38,322 Charitable activities Flourish - Investment income 2 19 Other income - Total 38,341 EXPENDITURE ON Charitable activities Flourish 2,625 Global Transformation 611 Support Costs 23,783 Gifts - House insulation project - Lazareni - Afterschool project - Dignity - Global Transformation - TV Programmes - Global Transformation - Curriculum Development - Gifts - HUB 4,403 South Wales 8,103 E-Learning - Total 39,525 NET INCOME/(EXPENDITURE) (1,184) Transfers between funds 8 235 Net movement in funds (949) RECONCILIATION OF FUNDS Total funds brought forward 61,711 TOTAL FUNDS CARRIED FORWARD 60,762 |
Restricted funds £ 27,880 - - - 27,880 18,373 250 1,232 - - - - - - - - 833 5,000 5,651 31,339 (3,459) (235) (3,694) 22,260 18,566 |
31.12.21 31.12.20 Total Total funds funds £ £ 66,202 35,416 - 6,386 19 - - 9,930 66,221 51,732 20,998 50,412 861 8,391 25,015 - - 2,136 - 1,367 - 2,802 - 3,111 - 1,725 - 1,134 - 680 - 1,931 5,236 - 13,103 - 5,651 - 70,864 73,689 (4,643) (21,957) - - (4,643) (21,957) 83,971 105,928 79,328 83,971 |
|---|---|---|
The notes form part of these financial statements
Page 4
Proton Foundation
Balance Sheet
31 December 2021
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 6 | 2,091 | - | 2,091 | 2,511 |
| Cash in hand | 61,283 | 18,566 | 79,849 | 83,469 | |
| 63,374 | 18,566 | 81,940 | 85,980 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 7 | (2,612) | - | (2,612) | (2,009) |
| NET CURRENT ASSETS | 60,762 | 18,566 | 79,328 | 83,971 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 60,762 | 18,566 | 79,328 | 83,971 | |
| NET ASSETS | 60,762 | 18,566 | 79,328 | 83,971 | |
| FUNDS | 8 | ||||
| Unrestricted funds | 60,762 | 61,711 | |||
| Restricted funds | 18,566 | 22,260 | |||
| TOTAL FUNDS | 79,328 | 83,971 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Proton Foundation
Balance Sheet - continued
31 December 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 6 April 2022 and were signed on its behalf by:
Randy Sohnchen (May 12, 2022 07:47 MDT)
R Sohnchen - Trustee
The notes form part of these financial statements
Page 6
Proton Foundation
Notes to the Financial Statements for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| 31.12.21 | 31.12.20 | |
|---|---|---|
| £ | £ | |
| Deposit account interest | 19 | - |
continued...
Page 7
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.21 | 31.12.20 | |
|---|---|---|
| Staff | 3 | 2 |
No employees received emoluments in excess of £60,000.
5.
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,395 Charitable activities Flourish - Other income 1 Total 5,396 EXPENDITURE ON Charitable activities Flourish 19,222 Global Transformation 8,391 Gifts 2,136 House insulation project - Lazareni - Afterschool project - Dignity - Global Transformation - TV Programmes - Global Transformation - Curriculum Development - Gifts - Total 29,749 NET INCOME/(EXPENDITURE) (24,353) |
Restricted funds £ 30,021 6,386 9,929 46,336 31,190 - - 1,367 2,802 3,111 1,725 1,134 680 1,931 43,940 2,396 |
Total funds £ 35,416 6,386 9,930 51,732 50,412 8,391 2,136 1,367 2,802 3,111 1,725 1,134 680 1,931 73,689 (21,957) |
|---|---|---|
continued...
Page 8
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - | continued | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| £ | £ | £ | ||
| Transfers between funds | (12,971) | 12,971 | - | |
| Net movement in funds | (37,324) | 15,367 | (21,957) | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 99,035 | 6,893 | 105,928 | |
| TOTAL FUNDS CARRIED FORWARD | 61,711 | 22,260 | 83,971 | |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.21 | 31.12.20 | |||
| £ | £ | |||
| Other debtors | 141 | 1,633 | ||
| Prepayments | 1,950 | 878 | ||
| 2,091 | 2,511 | |||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.21 | 31.12.20 | |||
| £ | £ | |||
| Trade creditors | 871 | 209 | ||
| Social security and other taxes | 621 | - | ||
| Other creditors | - | 550 | ||
| Accruals and deferred income | 1,120 | 1,250 | ||
| 2,612 | 2,009 |
continued...
Page 9
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
8. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 30,502 | (6,968) | (680) | 22,854 |
| Tithe Gifts | 2 | 2,021 | - | 2,023 |
| Global Transformation | 29,624 | (584) | - | 29,040 |
| Flourish | 1,583 | 6,845 | (1,583) | 6,845 |
| HUB | - | 1,487 | (1,487) | - |
| South Wales | - | (3,985) | 3,985 | - |
| 61,711 | (1,184) | 235 | 60,762 | |
| Restricted funds | ||||
| Restricted Funds | - | 2,768 | - | 2,768 |
| Flourish | 13,386 | (1,743) | (5,886) | 5,757 |
| Global Transformation | 8,874 | - | - | 8,874 |
| HUB | - | 1,167 | - | 1,167 |
| E-Learning | - | (5,651) | 5,651 | - |
| 22,260 | (3,459) | (235) | 18,566 | |
| TOTAL FUNDS | 83,971 | (4,643) | - | 79,328 |
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 16,815 | (23,783) | (6,968) |
| Tithe Gifts | 2,021 | - | 2,021 |
| Global Transformation | 27 | (611) | (584) |
| Flourish | 9,470 | (2,625) | 6,845 |
| HUB | 5,890 | (4,403) | 1,487 |
| South Wales | 4,118 | (8,103) | (3,985) |
| 38,341 | (39,525) | (1,184) | |
| Restricted funds | |||
| Restricted Funds | 4,000 | (1,232) | 2,768 |
| Flourish | 16,630 | (18,373) | (1,743) |
| Global Transformation | 250 | (250) | - |
| HUB | 2,000 | (833) | 1,167 |
| South Wales | 5,000 | (5,000) | - |
| E-Learning | - | (5,651) | (5,651) |
| 27,880 | (31,339) | (3,459) | |
| TOTAL FUNDS | 66,221 | (70,864) | (4,643) |
continued...
Page 10
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Tithe Gifts Flourish Restricted funds Romania Flourish Poiana Global Transformation TOTAL FUNDS |
At 1.1.20 £ 97,189 1,846 - 99,035 4,888 690 1,315 - 6,893 105,928 |
Net movement in funds £ (14,092) (1,844) (8,417) (24,353) (4,888) (275) (1,315) 8,874 2,396 (21,957) |
Transfers between funds £ (52,595) - 39,624 (12,971) - 12,971 - - 12,971 - |
At 31.12.20 £ 30,502 2 31,207 |
|---|---|---|---|---|
| 61,711 - 13,386 - 8,874 |
||||
| 22,260 | ||||
| 83,971 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 5,104 | (19,196) | (14,092) |
| Tithe Gifts | 292 | (2,136) | (1,844) |
| Flourish | - | (8,417) | (8,417) |
| 5,396 | (29,749) | (24,353) | |
| Restricted funds | |||
| Restricted Funds | 1,931 | (1,931) | - |
| Romania | 2,802 | (7,690) | (4,888) |
| Flourish | 30,915 | (31,190) | (275) |
| Poiana | - | (1,315) | (1,315) |
| Global Transformation | 10,688 | (1,814) | 8,874 |
| 46,336 | (43,940) | 2,396 | |
| TOTAL FUNDS | 51,732 | (73,689) | (21,957) |
continued...
Page 11
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.20 | in funds | funds | 31.12.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 97,189 | (21,060) | (53,275) | 22,854 |
| Tithe Gifts | 1,846 | 177 | - | 2,023 |
| Global Transformation | - | (584) | - | (584) |
| Flourish | - | (1,572) | 38,041 | 36,469 |
| HUB | - | 1,487 | (1,487) | - |
| South Wales | - | (3,985) | 3,985 | - |
| 99,035 | (25,537) | (12,736) | 60,762 | |
| Restricted funds | ||||
| Restricted Funds | - | 2,768 | - | 2,768 |
| Romania | 4,888 | (4,888) | - | - |
| Flourish | 690 | (2,018) | 7,085 | 5,757 |
| Poiana | 1,315 | (1,315) | - | - |
| Global Transformation | - | 8,874 | - | 8,874 |
| HUB | - | 1,167 | - | 1,167 |
| E-Learning | - | (5,651) | 5,651 | - |
| 6,893 | (1,063) | 12,736 | 18,566 | |
| TOTAL FUNDS | 105,928 | (26,600) | - | 79,328 |
continued...
Page 12
Proton Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 21,919 | (42,979) | (21,060) |
| Tithe Gifts | 2,313 | (2,136) | 177 |
| Global Transformation | 27 | (611) | (584) |
| Flourish | 9,470 | (11,042) | (1,572) |
| HUB | 5,890 | (4,403) | 1,487 |
| South Wales | 4,118 | (8,103) | (3,985) |
| 43,737 | (69,274) | (25,537) | |
| Restricted funds | |||
| Restricted Funds | 5,931 | (3,163) | 2,768 |
| Romania | 2,802 | (7,690) | (4,888) |
| Flourish | 47,545 | (49,563) | (2,018) |
| Poiana | - | (1,315) | (1,315) |
| Global Transformation | 10,938 | (2,064) | 8,874 |
| HUB | 2,000 | (833) | 1,167 |
| South Wales | 5,000 | (5,000) | - |
| E-Learning | - | (5,651) | (5,651) |
| 74,216 | (75,279) | (1,063) | |
| TOTAL FUNDS | 117,953 | (144,553) | (26,600) |
9. RELATED PARTY DISCLOSURES
There have been a number of related party transactions within the year, which are set out below:
Hannah Williams - wife of trustee J Williams was paid a salary of £22,620 as CEO of the Flourish Project plus pension contributions of £682. She was also paid £601 in expenses incurred on behalf the charity in the normal course of her duties
We Develop People Ltd - a director of which is trustee J Williams were paid £800 for services provided to the charity
Page 13
Proton Foundation
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Detailed Statement of Financial Activities for the Year Ended 31 December 2021 |
||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | 11,417 | 7,185 |
| Donations | 41,522 | 21,945 |
| Gift aid | 1,053 | - |
| Legacies | - | 6,286 |
| Grants | 12,210 | - |
| 66,202 | 35,416 | |
| Investment income | ||
| Deposit account interest | 19 | - |
| Charitable activities | ||
| Grants | - | 6,386 |
| Other income | ||
| Government Grants | - | 9,930 |
| Total incoming resources | 66,221 | 51,732 |
| EXPENDITURE | ||
| Charitable activities | ||
| HIP costs | - | 1,367 |
| Chalmers support costs | - | 1,315 |
| Lazareni costs | - | 2,802 |
| Afterschool project costs | - | 3,111 |
| Dignity project costs | - | 410 |
| Flourish project costs | 20,998 | 39,607 |
| Global Transformation costs | 861 | 5,554 |
| HUB project costs | 5,236 | - |
| South Wales project costs | 13,103 | - |
| E-Learning Set-up cost | 5,651 | - |
| Grants to individuals | - | 1,931 |
| 45,849 | 56,097 | |
| Support costs | ||
| Other | ||
| Wages | 10,343 | 997 |
| Pension | 304 | 30 |
| Carried forward | 10,647 | 1,027 |
This page does not form part of the statutory financial statements
Page 14
Proton Foundation
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Detailed Statement of Financial Activities for the Year Ended 31 December 2021 |
||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Other | ||
| Brought forward | 10,647 | 1,027 |
| Legal & professional fees | 357 | 621 |
| Bookkeeping & payroll | 3,360 | 3,210 |
| Accountancy | 780 | 940 |
| Insurance | 894 | 296 |
| Administrator | 5,053 | 4,056 |
| Postage & stationery | 107 | 80 |
| Bank charges | 113 | 54 |
| Tithe gifts | - | 2,136 |
| IT & office equipment | 756 | 3,451 |
| Publicity & promotions | 457 | 119 |
| Subscriptions | 487 | 151 |
| Hospitality | 1,608 | 787 |
| Sundry expenses | 396 | 664 |
| 25,015 | 17,592 | |
| Total resources expended | 70,864 | 73,689 |
| Net expenditure | (4,643) | (21,957) |
This page does not form part of the statutory financial statements
Page 15
PROTO001-Charities report - 21.2-CHA-MASTE R-20220406
Final Audit Report
2022-05-12
Created: 2022-05-12 By: Proton Foundation (info@protonfoundation.com) Status: Signed Transaction ID: CBJCHBCAABAADio6N0Q8xQtQGpP-LlfP91gcuqf6Ewey
"PROTO001-Charities report - 21.2-CHA-MASTER-20220406" H istory
Document created by Proton Foundation (info@protonfoundation.com)
2022-05-12 - 13:32:32 GMT- IP address: 92.40.169.19
Document emailed to Randy Sohnchen (randy.sohnchen@protonfoundation.com) for signature 2022-05-12 - 13:34:16 GMT
Email viewed by Randy Sohnchen (randy.sohnchen@protonfoundation.com)
2022-05-12 - 13:46:18 GMT- IP address: 74.125.209.10
Document e-signed by Randy Sohnchen (randy.sohnchen@protonfoundation.com)
Signature Date: 2022-05-12 - 13:47:46 GMT - Time Source: server- IP address: 70.65.241.147
Agreement completed.
2022-05-12 - 13:47:46 GMT