SWAN Annual Report for 2022-2023 THE SWAN PROJECT Annual report and accounts 1st April 2022 to 31st March 2023 llllllMINII ACJF8021 2911212023 COMPANIES HOUSE A16
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Th¢ SWAN Projed. i Fairfawn Road, Montydier. Bristol B56 SJR Company Registration Ntsmber 6236873 Rwmered Charity NL¥I)ber 1122634
SWAN Annual RepNt for 2022-2023 SWAN Annual Report for 2022-2023 Administratlve Detsils of the Company and its Directots Charity Name: Comparty number Charity number= Principal Office: the SWAN Project 06236873 1122634 l Fairlawn Road Montpelier Bristol BS6 5JR DirectorslTru5tees: James Chatterjee Owen Sunders Hannah Parker Ma55imo D'Alle55andro Chairman Treasurer Director (Resigned Oct 2022} Board member (appointed 31 March 20231 Projert Lead: Veronica Aaronson SeThice Manager: Maria Zylinski Bankers: Santander 21. Prescot Street London El 8TN.
SWAN Annual Report for 2022-2023 Oirectors, Re ortfor the Year Endln 31st March 2023 Definlngthe SWAf4 Project The SWAN Projert is a charity that specialises in offering long-term, Iow-COSt therapy to vulnerable adu5 wr(h needs in the folbwin8 areas.. Long-term dependency on akohol Cross addictions Dual diagnos To a lesser exrent, we also work with adults who may not have an addict issue. but are without access to support elsewhere. We don't turn people away rf we think we can help. The projert works with apsychologlcolmodelof oddirtion thotseeks to increose self-compossion ond selfv care. reduclng the need to rely on oddlrtlve behavioU ¢0 sely-sOOthe. We do thls through offerlng l.'I Publi¢ 8enefft The purpose of the activitS of the SWAN Project is the advancement of heahh, partiarlY emotlonal an psychological, of our service Users and those whose lives they touch. Overview of Acti¥ilies Throughout the period, the proje¢t has continued to work towards and meet its ¢haritable aims and objertives as laid out in our governing document. We have continued to offer I'.1, I0-term, low-cost therapy for vulnerable adults with alcohol issues and complex needs. This has been done to a high standard. enabling clients to hold a good deal of autonomy and choice in the duration and intensity of their irtdNiduèl therapv. The charity has offered hi8hty sought after and SUPF)Ortive placements for trainee therapi5t5, and for those qualified therapists who wh to gain more experien. Both trainees and qualified therapists are volunteers. We continue to be commined to our vision for long-term therapy a5 we Cognise that the traurna that underpins so many addictions take a long time to address and that healing benefits from having a long- term dependable and therapeutic rel*ionship.
SWAN Annual Report for 2022-2023 Board of Trustee Hannah Parker resigned from the board of trustees in Ortober 2022. Massimo D'Alessandro joined the board in March 2023. The board are currentty working towards increasing the nLtmber of direttors and trustees. Structure of ofganisati ofTrwt•e> PrOt Lead SoThtce Man4•r l(at peIl50t$ Ixl. PlUJaCemEnr I I I SeThoT Prartitioners IAssesyDent Teaml OIN plament Crytsellors" There have been two other svdnificant staff changes in the financial year. Matthew Thacker left the SWAN project as project lead in May 2022, and was replaced by Veronica Aaronson. Victoria Donald left the prolert in July 2022. with Maria Zylinski taking over a numberof her dutbes in her role as Service Manager. The total reserves at 31 March 2023 were £14.11912022.' £2.9731 and are anatysed between restricted and unrestricted funds. Unrestricted funds increased to £13,50512022 £1,459) as the result of a net surplus during the year. Restricted fvnds decreased to £61912022.. £1,514) with a grant of £8.320 received during the year and spent on bookkeeping and related costs. Prindpal risks and uncertainlies The trustees have assessed the rnajor risks to which the charity is exposed, and a satisfied that systems are in place to mitigate exw5ure to major risks. A significant risk facing the organisation is key person depentlency on its Board and in its senior management. The Board are workin8 towards reducing this risk by appointln8 further trustee5 and are in the protess of considering the overall structure of the projett going forward.
The Swan Proprt SWAN Annual Rewxtfor 2022-2023 Notes to the accounts the year ended 31sL March 2023 nancial Rewew Financial su5tainabillty SORP.. This report hasbeen Prepared in accordan withthestatemeni of Recommended Prathice= Accounting and Reporting by Charitie5120051. Statement of Trvstees, Reswnsibilitie5 The trustees. who are a150 diTecior5 of Theswan Projert for the purposes of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United KinEdom Accountingstandards (United Kin8dom Generalty Accepted Accountin8 Practice). Company law requires the trustee5 to prepare finanoal statements for eachfinancial yeaT,which giveatrue andfalrview of the #ate of affairs of the charitable company andof the incomin8 resour$ and application of resources. tncludingthè income andexpenditure. of the charitable companyfor theyear. In preparing thesefinancial statements, the trustees are required to". select surtable accounting policte5 and thenapply themcon5iStentty' observè thè methods and principle5 in the Charities SORP- rnake judgements andesiimaies that arereasonable and prudent.. state Wther applicable UK Actountirw Standards have beenfollowed, subject tts any material departures disclosed and explained in the financial statements.. prepare thefinancial Statements on the goinEconcem basis unless it isinapproyiate to PfesumÈ that thecharitable compony willcontinue in operation-. The trustees are responsible for keepingadequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure thatthe financial statementscomplywith thecompanies Act 2W6.Theyarea150 responsible for 5afeguardingthe assets of the charitable company andhencefor tokingrea50nable steps for the prevention and detection of fraud and other irre8ularities. In sofar asthe trustees are aware= there isno le¥afit information of whichthe charitable company's independent examiner is unaware. and the trustees have taken all steps thatthey ought to have takento make themselves aware of any relevant information andto Èstablish that the independent examiner i5aware of that Information. Signed by orderof andwiththeapproval of the directors= .. ljameschatteriee, Chairpers(> Date..
Indopendgnt Ene6 Report to the Truste of The Swan Proigct I report on the accounts (rf the Pary fcKthe year erMl&1 3151 Mh 2023 whh are set out on pajes 7 to 12. R•¥ponsiblllll•s basss of r•port As the chtY trustees of the (X)mpY aso its directors forthe purposes of comw law} y¢)u ¥e responsible the prep¥ation of the lUnts in x¢Ordan with the réquTemènls of the ConVS Act 2006 Ilhe 2006 Ac¢}. HIng s1$f myself that the OUnts of the cwy ae not required lo thiled under PJt 16 of the 2006 A£t and we eligible for iThJependenl exawinion. l ptsrt in respect of my exThab"on of your AMjnts as rIed out under sectb) n 145 of lh8 Ch¥itS Act 2011 ('the 2011 ACYI. In c¥rying ¢xJt nry exaninalK•n I have followj the DirectK)ns given by the ch'ty ComThissKJn urNJer seclion 1451Sllbl of the 2011 kt. Ind0dEnt slatement I have wleted nTy exarinakn. I confrmth no maters he Come to ry atteniw)n in conneclM)n with the exarYYnabon giving cwse to bel¥8 tha in any npt8rial respgrt.. counting record5 were not kept in resperA ofthe cOY 35 requi by seclir 386 of thè 2006 1.. or 2. the OuntS do nol xcord with those records: the )Unts do nol conwy wth Ihe xcountty requirements of section 396 of the 2006 Act oiherthan y requireThnt tha theKcounts give a'true fair view. whth is r1 a rrdter considered a5 Part ol an independent examinaion: or 4. the ountS have not been prepared in with the nlhods aNI prinapl& oflhe St#emgnt of Recommended prtiCe for wjunb.ng r8POrting by charr(5 l¥pl¢lg to charities prepJing ther xcounts in rdce wilh Ihe Fin¢1 Reporting Slandwd applKable in the LA( and Republ of Iand {FRS 1021}. I have no concerns he conE &ross no other matters in connection with 8xanMnation to attent shoutd be dran in this report order to enable a prop understanding of the coUnts to be rea¢hed. Nam• Address 31 s4ERIW AEIWS, 4 SENc LON)boN El If Date la.11 13 Qua1rfiG hCHk C&H
The Swan Projert Statement of Financlal Acti¥ilies lincluthng Income and Ex1te Accountj lor the year ended 31st. March 2023 Unrestrirted Restricted Total Funds Funds Funds Total Funds Notes 2023 2023 2023 2022 Income from Donations Incomelrom clmvrituble ortivities Counselling Room hire and miscellanecK Grant funding 4.036 4.036 2.158 76.536 259 76.536 259 8,320 64.692 1.435 8,500 8.320 Total 80.830 8.320 89.150 76.785 Expenditure on: Charitable acknvities Fundraising 68,679 105 9,220 77,898 105 78.188 47 T¢Aal 141 68.784 9.220 78.C(J3 78.235 Net income l [expenditurel 12.046 19(K)I 11.146 11,4501 Retontiliation of funds Total funds brought forward 1.459 1.514 4,423 Total funds carried forward 13.505 614 14,119 2.973
The Swan Projert 06236873 Balan sheet as at 31st. March 2023 Note5 2023 2022 Flxed assets Tangible assèts Current assets Debtors and prepayments Cash at bank and on hand 9.078 12.988 22.C66 1,703 7.293 8.996 Totsl current assets Current Ilabllltles Creditors-. amounts falling due within 12 months 17.9461 16.0231 Net Current assets 14.119 2,973 Net assets 14.119 2.973 Unrestricted funds General funds 13,505 1,459 Ilestrided funds 614 1.514 Total ¢harftylunds 14,119 2.973 The company was entitled to the exemption from audit under sertton 477121 of the Companies Art 2( The members have not requested the company to obtsin an audrfl in accordance with section 476 of the Companies Act 2. The directors acknowledge their responsibility for complying with the requirements of the act with respect to accounting records and for the preparation of the accounts. These accounts have been prepared in accordance with the provisions applicable to companies 5ubjert to the small company regime. 22/iz/202S These financial statements were approved by the Council of Management on... On behalf of the Council of Management dated.. 2412 /20 23
The Swan Prolert Notes to the account5 lor the year ended 31st. Maf¢h 2023 11) Principal Attounting Pollcies The principal accountin8 pjlicies 3dopted in the prepaf3tion of the ffinancial statement5 are Set out below and have remained unchanged Irom the prewus yeai. lal Basis of preparation The charity constitutes a publit benefit entity as defined by FRS 102. The financial statements have been prepared in accordarKe with Acmunting and RertifiE bychaiities.. Stement of Recomrnended Prade applicable to charities pparithelraCconts in aCCorance with the Financial Rewrting Standard appIable in the UK and Republtc ol Ireland IFRS 1021 s updated by Update Bulletin 2. the ChatitiesAtt 2011. and the Companies Art 2006. The financial staternents have been prepared underthe historical costtonventKsn. Ibl Fund a¢¢ountln8 lil Unrestricted funds are available for use at the of the trunees in fvrtherdfKe of the Benefal objective5 of the charity. liilDesignated funds a unrestricted funds eaM)de0 by the Management Committee for rticular purposes. liiil Restritted funds are subjetted to restrictions on iheir expendtture imposed by the dOr or through the terms of an appeal. Icl Income Income is included in the statement of finarKial aCtNIt when thEchartty is entitled to the income and the amount can be quantified wilh ieawable accuracy. The folltswl specific policies are applied to particularcategoriesof income. lil Income CeIVed by wayof grants. donations and wfts and is incltsded in full in the Statement of Financial *£tivfties when receiwdble. Grants. where entitlernen¢ is not conditional on the delivery of a specrfic perfomiance bythe charity. a recogntsed when the charity becomes unconditionalty entitled toihegrant. lill Donated servKes and facilities are included at the value to the charity where this can be quantified. liiilThe value of Services provided by volunteers has t been in these atcounts. livl Investment irorne 15 ifiduded when receivab. IvlirKomefrorn chariialle iotlin8 arti are accwnted forwhen earned. Ivillncome from vènts. where rekted to performance and specrfK deliverables. are accounted for as the charity earns the right io conseratIOn by its performance. Idl Expenditure Expenditure is reco8ni5ed on an accrual basis as a lobility is incurred. Expenlliture irKludes anyVAT which cannot be fully reCoVed lilcosts of generating funds comprise the costs O55LKiated with attracting vduntsry income and the costs of trading forfundrai5ire Pre$. lill Charitable expenditure compri5esthose costs incurred by the charity in the delivery of its artivitie5 and services for its beneficiaries. It irKludes both costs that can be allocated dirertly to such actNities antl those costs of an indirect nature ressary to supwrt them liiilAII cost5 ère alated between the expenditure cate8orie5 of the SOFA on a ba515 designed to reflett the use of the resource. Costs relatift8to a partKuiar att¢¥ity are Ilocated directly, other5 are aprx)rtioned on an aprwriate basis.
The Swan Projert Notès to the ac(ounts for the year ended 3tsL March 2023 11) Printipal Attountin8 Policie5 le) Ftxed assets Tanw'ble fixed assets are written off overthe expected useful life of the a55et. at 25% per annum on the reducing balance method . Items c05ting over £5CI) are capitalised. 12) CredFtors 2023 2022 sundry (dItorS and 8c¢ruals 7.946 6,023 131 Debtors Sundry debtors and prepayments 14) Expendlture 9.078 1.703 Charttable Attivities Fundraising Total Total 2023 2023 2023 2022 Staff fees & expenses Trustee iraining and expenses Accountancy & bookkeeping Rooms Business rates Therapy consumables Telephone & Internet access Consultancy and support Bad Debt Insurance OfPice consumables Staff trainin8 Fundraising Independent examination 52.209 52.209 48,658 3,297 12,671 3,297 12,671 4.5(X) 13.966 695 695 1.259 Ichj 3.014 603 251 1.243 47 2.086 156 313 430 105 156 313 430 105 1,366 428 1.1 661 Miscellaneous Cleanin& repair5 and maintenance Oue5 and Subscriptions 667 1.115 216 667 1,115 216 77,898 105 78.LX)3 78.238 151 Employee inlormation All staff are freelance. io
The Swan Project Notes to the a¢£ounts fwthe year ended 31st. Mawth 2023 16) Restritted funds 2023 2022 Opening balance Grants received Restricted expenditure Closing balance 1.514 8,320 19.2201 614 2.500 19861 1.514 17) Analysis of nèt asstts between ful$ General Funds Re5trirted Funds Totsl Tangible fixed a55ets Current assets Current liabilities 21.451 17.9461 614 22.066 17.9461 Net assets at 31st March 2023 13.$05 614 14,119 li
The S¥An ProJe¢t Notés to the aounts for the year ende(131sL Maryh 2023 181 Analysls of prior year funds Statefflert of Flnandal Artlvltles Ilncludln8 Income and EXPenthre A(countl lor the year ended 31sL March 2022 Unrestrirted Restricted Totsl Funds Funds Fund5 Totsl Fund5 2022 2022 2022 2021 Income from Donations Income from charitable activities Counselling M4scellaneou5 Grant funding 2.158 2.158 5.553 64.692 1.435 6.OLKI 64,692 1,435 8.5Crf) 62,140 1,2(K) 2.5 Total 74.285 2.5C 76.785 73.293 E¥penditure on: Charitable artivitie5 Fundraising 77,203 47 986 78,188 47 80,105 91 Total 77.249 986 78.235 80.196 Net income / lexpenditurel 12.9641 1.514 11.4501 16.9031 Reconciliation of funds Total funds brought forward 4.423 4,423 11.326 Total funds carried forward 1.459 1.514 2.973 4.423 12