Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the trustees/ members of On accounts for the year Charity no ended (if any) Set out on pages (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”) .
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ v iew which is not a matter considered as part of an independent examination.
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.
- Please delete the words in the brackets if they do not apply.
Signed: Date: 31.10.2021 Name: Andrew Haggard Relevant professional Chartered Accountant qualification(s) or body
Oct 2018
1
IER
(if any): Institute of Chartered Accountants in England and Wales
Address:
Heathmans House 19 Heathmans Road London, SW6 4TJ
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER
DOWN’S SOUTH LONDON
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Directors / Trustees
Gün Akyuz Andrew Aylwin Natalia Piaggio Owen King Angela Gough Aelene Thorne Ruth Crawford
Company Number 6381649
Charity Number 1123045
Registered Office
59 Lyndhurst Grove London SE15 5AW
Bankers
The Cooperative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT
STRICTLY PRIVATE AND CONFIDENTIAL
PAGE 2 OF 8
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Table of Contents
Directors' Report for the Period Ended 31 December 2020 ...................................................... 4 Statement of Directors’ Responsibilities in Respect of the Financial Statements ..................... 5 Income Statement ...................................................................................................................... 6 Statement of Total Recognised Gains and Losses .................................................................... 6 Balance Sheet ............................................................................................................................ 7 Notes to the Financial Statements ............................................................................................. 8
STRICTLY PRIVATE AND CONFIDENTIAL
PAGE 3 OF 8
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Directors' Report for the Period Ended 31 December 2020
The Directors present their report and the financial statements of Down’s South London (the “Company”) for the year ended 31 December 2020 (“the period”).
Activities
The principal activity of the Charity is to provide specialist therapy services (speech and language, physiotherapy, occupational therapy) to children with Down’s Syndrome, living in South London. The group is open to all children with Down’s Syndrome and their parents or carers who live locally. There are no formal membership criteria nor fees.
This is supplemented by filling other significant gaps in provision that exist locally and nationally, including:
-
a local network for information-sharing and parental support;
-
assisting parents to develop strategies that promote their children’s language development, using alternative and augmentative communication aids such as Makaton; and
-
social and recreational opportunities for children and their families.
Review of business and future developments
Funds are raised for the activities of the Company by its Directors, other parents of beneficiaries and independent third parties who are inspired by the services the Company provides. It is a key objective of the Company to increase the amount of funds raised year on year, specifically with a view to expanding the range and nature of services provided to members.
Donations in 2020 were £114,043, up by £12,513 on the previous year (2019: £101,530). As well as managing to continue most of its well-established fundraisers, the Charity ran a hugely successful fundraising campaign with the “DSL Walk 300” that saw a number of the young children who receive therapy walk 300 miles in four weeks. The enormous success of the campaign, with high engagement by many families, increased awareness of the charity including from media coverage, as well as financial, saw the Company buck the sector’s trend of decreasing donations due to the Covid pandemic. Expenses were down in most categories compared to the previous year as a result of decreased spending during the pandemic and, as a result, overall costs were down £16,343. With donations up and expenses down, the Company has healthy reserve levels and remains financially strong.
Directors
The names of the persons who served as Directors of the Company throughout 2020 and to the date of this report are as follows:
Gün Akyuz Andrew Aylwin Andrea Ingrassia (resigned November 2020) Melanie Rosenvinge (resigned November 2020) Natalia Piaggio Owen King (resigned September 2021) Angela Gough Aelene Thorne (appointed November 2020) Ruth Crawford (appointed November 2020)
By order of the Board
Mr A Aylwin Director 29 September 2021
STRICTLY PRIVATE AND CONFIDENTIAL
PAGE 4 OF 8
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Statement of Directors’ Responsibilities in Respect of the Financial Statements
The Directors are responsible for preparing the annual report and financial statements in accordance with the applicable United Kingdom law and accounting standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Directors to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that year. In preparing those financial statements, the Directors are required to:
-
a) Select suitable accounting policies and then apply them consistently;
-
b) Make judgements and estimates that are reasonable and prudent;
-
c) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
PAGE 5 OF 8
STRICTLY PRIVATE AND CONFIDENTIAL
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Income Statement For the Year Ended 31 December 2020
| Notes Income Donations 1 Expenses 1 Specialist therapy provision Therapy resources and other materials Hire of therapy rooms Family Socials Fundraising costs Miscellaneous costs Operating (deficit)/profit Interest income Profit/(Deficit) for the year |
2020 £ 114,043 (64,913) (172) (1,920) (1,156) (5,170) - (73,331) 40,712 - 40,712 |
2019 £ |
|---|---|---|
| 101,530 (70,788) (981 (6,144) (484) (11,279) - |
||
| (89,675) 11,855 - |
||
| 11,855 |
Statement of Total Recognised Gains and Losses For the Year Ended 31 December 2020
There are no recognised gains and losses, other than the gain of £40,712 (2019: gain of £11,855) attributable to the members of the Company in the year ended 31 December 2020.
The results of the Company are wholly attributed to continuing operations.
The notes on page 8 form an integral part of the financial statements.
PAGE 6 OF 8
STRICTLY PRIVATE AND CONFIDENTIAL
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Balance Sheet
As at 31 December 2020
| Balance Sheet As at 31 December 2020 |
|||
|---|---|---|---|
| At 31 December | At 31 December | ||
| 2020 | 2019 | ||
| Notes | £ | £ | |
| Current assets | |||
| Cash | 122,143 | 81,431 | |
| Debtors | 1 | - | - |
| 122,143 | 81,431 | ||
| Current liabilities | |||
| Accruals | 1 | - | - |
| - | - | ||
| Net assets | 122,143 | 81,431 | |
| Represented by: | |||
| Retained surplus at the beginning of the period | 81,431 | 75,815 | |
| Retained (deficit)/surplus for the period | 40,712 | 11,855 | |
| Total funds | 122,143 | 81,431 |
The company is exempt from the requirements relating to preparing audited accounts in accordance with section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements on pages 6 to 8 were approved by the board of Directors on 29[th] September 2021 and were signed on its behalf by:
f= ) | Gün Akyuz Andrew Aylwin Chair Vice Chair
The notes on page 8 form an integral part of the financial statements.
STRICTLY PRIVATE AND CONFIDENTIAL
PAGE 7 OF 8
REPORT AND FINANCIAL STATEMENTS – DOWN’S SOUTH LONDON
Notes to the Financial Statements For the Year Ended 31 December 2020
1. Accounting Policies
a. Basis of preparation
The financial statements are prepared on the going concern basis, under the historical cost convention, and in accordance with the Companies Act 2006 and Accounting Standards applicable in the United Kingdom (United Kingdom Generally Accepted Accounting Practice).
The financial statements are presented in Sterling, the primary and functional currency of operations for the Company.
b. Income
Income is recorded on an accruals basis.
c. Expenses
Expenses are recorded on an accruals basis.
d. Debtors
Debtors represent monies owing from charity fundraising events that occurred during the year, for which monies have been pledged or raised but for which the cash has not yet been received.
e. Share Capital
The Company is limited by guarantee and does not issue shares.
f. Funds
Unrestricted funds are available for use at the discretion of the Directors in furthering the general objectives of the Company. During the period and at 31 December 2020, there were no restricted funds (for use in accordance with specific restrictions imposed by the donors).
STRICTLY PRIVATE AND CONFIDENTIAL
PAGE 8 OF 8