**REGISTERED COMPANY NUMBER: 06262114 (England and Wales) REGISTERED CHARITY NUMBER: 1128722**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST JULY 2021**
## **FOR**
## **WEST LANCS PEER SUPPORT**
Champion TLL Ltd Chartered Accountants
7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
**WEST LANCS PEER SUPPORT**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|13|
|**Detailed Statement of Financial Activities**||14||
**WEST LANCS PEER SUPPORT**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST JULY 2021**
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 31st July 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**
## **Objectives and aims**
The Charitable Company's objectives are stated as follows, as per a resolution dated 17th November 2008:
The relief of persons of all ages in the area of West Lancashire with learning disabilities or long term disabling conditions, and of their families and carers through the provision of independent supported living with a view to improving the quality of life and independence of those persons.
To advance the education of the public, particularly those affected directly or indirectly by the needs surrounding those with learning disabilities or long term disabling conditions, through the provision of information and advice regarding support and funding available, particularly relating to the government independent living fund and availability of PA/Care provision, with a view to improving the quality of life and independence of those persons.
The Charity are promoting the government led Big Society by designing a new model of Peer Support that will involve community led support. The Charity also have a presence on Facebook and engage in other social media to raise awareness.
## **Significant activities**
The organisation has continued to support the user communities and empowered and enabled them to get their voices heard.
Through their support and administration of the direct payments and individual budgets scheme locally, the Charity has helped improve the lives of over 138 individuals throughout the year, enabling them to live more independently and the trustees have been delighted to see the positive effect this has had on these people's lives. This includes the management of peoples benefits and managing cash balances due to individuals.
The Charity is very successful in promoting nationally, self directed support to enable people to self manage their care package.
The work of the Charity has been presented to other Counties, as well as abroad, with others keen to learn from our model, its delivery and cost benefits.
With local governments withdrawing their free payroll service, we are looking to generate more business in that direction.
Having updated our Fund Management Service to a web based service we have the opportunity to extend the payroll and fund management services to other areas of the Country.
The Charity have expanded their work on NHS Personal Health Budgets by providing a management service for people in Sefton, Liverpool and Lancashire with complex health needs. This helps patients get out of hospital as early as possible and have their treatment at home.
The Charity has become corporate appointees by DWP to support people with dementia who wish to live in their own home.
## **Public benefit**
The Trustees have considered the Charity Commission guidance regarding public benefit and are satisfied that the activities of the Charity, as described in the appended pages, satisfy the requirements.
## **Volunteers**
The value of volunteers who contribute to the work of the Charity can never be underestimated. We rely heavily on volunteers for many aspects of our administrative work.
Page 1
**WEST LANCS PEER SUPPORT**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST JULY 2021**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
In meeting the objects of the charitable company the Trustees have had considered the Charity Commission guidance on public benefit and are satisfied that the activities undertaken during the year have provided significant benefit to the general public, particularly those who are involved with the local council's Direct Payment Scheme, as noted above.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The charitable company's main funding was from payroll and administration fees received from Direct Payments.
## **Investment policy and objectives**
The Trustees recognise the need to review on a regular basis the Charity's investments in accordance with its constitution and the need to build and maintain its reserves. When there are surplus funds, these are deposited in a high interest bank account to maximise the interest earned. This is regularly reviewed to ensure competitive rates are being applied.
## **Reserves policy**
The Trustees seek to maintain a level of reserves that will enable them to meet any liabilities incurred should the organisation need to cease - namely redundancy costs.
In addition to the above provision, in the day to day running of the organisation, it is necessary to maintain a level of reserves currently assessed at covering six month's unrestricted costs (£35,000 at current levels) for working capital. Actual reserves of £35,573 are currently above this level, and Trustees will continue to review this on an ongoing basis.
The Charity continues to be run very efficiently with the minimum of overheads whilst further funding is secured. The trustees are well aware of their cost constraints and are mindful of the need to manage costs within their budget.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
New Trustees are appointed following discussion and agreement among the existing Trustees, taking account of their skills and experience matched with the needs of the Board at any given time.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
06262114 (England and Wales)
## **Registered Charity number**
1128722
## **Registered office**
Allied Business Centre 1 Potter Place Skelmersdale WN8 9PH
## **Trustees**
LW Scaife (resigned 23.12.2021) J Cook A Nixon Ms K Clarke
## **Company Secretary**
A Nixon
Page 2
**WEST LANCS PEER SUPPORT**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST JULY 2021**
**REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Mr P Buck FCA, DChA Champion TLL Ltd Chartered Accountants 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
## **Bankers**
Natwest 15 The Concourse Skelmersdale Lancashire WN8 6LD
## **Advisers**
TLL Accountants Ltd 7 - 9 Station Road Hesketh Bank Lancashire PR4 6SN
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Ms K Clarke - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WEST LANCS PEER SUPPORT**
## **Independent examiner's report to the trustees of West Lancs Peer Support ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st July 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:
1. 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
3. 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
4. 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.
Mr P Buck FCA, DChA Champion TLL Ltd Chartered Accountants 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
Date: .............................................
Page 4
**WEST LANCS PEER SUPPORT**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2021**
|Unrestricted
Restricted
funds
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Peer support activities
57,739
-
Investment income
2
1,198
-
**Total**
58,937
-
**EXPENDITURE ON**
**Charitable activities**
3
Peer support activities
71,530
-
**NET INCOME/(EXPENDITURE)**
(12,593)
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
45,573
-
**TOTAL FUNDS CARRIED FORWARD**
32,980
-|2021
Total
funds
£
57,739
1,198
58,937
71,530
(12,593)
45,573
32,980|2020
Total
funds
£
68,336
2,370
70,706
74,775
(4,069)
49,642
45,573|
|---|---|---|
The notes form part of these financial statements
Page 5
## **WEST LANCS PEER SUPPORT**
## **BALANCE SHEET**
## **31ST JULY 2021**
|Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
13
Unrestricted funds:
General fund
Designated fund
**TOTAL FUNDS**|2021
£
765
24,181
9,511
33,692
(1,477)
32,215
32,980
32,980
22,980
10,000
32,980
32,980|2020
£
1,133
22,844
23,031
45,875
(1,435)
44,440
45,573
45,573
35,573
10,000
45,573
45,573|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 6
continued...
**WEST LANCS PEER SUPPORT**
## **BALANCE SHEET - continued**
## **31ST JULY 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 ............................................. and were signed on its behalf by:
............................................. A Nixon - Trustee
............................................. K Clarke - Trustee
The notes form part of these financial statements
Page 7
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office furniture - 25% on cost Office equipment - 25% on cost Computer equipment - 33.33% on cost
## **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.
## **Support costs**
Since all of activities/costs relate to the charity's single charitable activity heading, all support costs have been allocated here and as such a separate analysis/description or allocation basis is not required.
continued...
Page 8
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST JULY 2021**
|**2.**|**INVESTMENT INCOME**||||
|---|---|---|---|---|
||||2021|2020|
||||£|£|
||Deposit account interest||1,198|2,370|
|**3.**|**CHARITABLE ACTIVITIES COSTS**||||
||||Support||
|||Direct|costs (see||
|||Costs|note 4)|Totals|
|||£|£|£|
||Peer support activities|69,740|1,790|71,530|
|**4.**|**SUPPORT COSTS**||||
|||||Governance|
|||||costs|
|||||£|
||Peer support activities|||1,790|
||Support costs, included in the above, are as follows:||||
||||2021|2020|
||||Peer||
||||support|Total|
||||activities|activities|
||||£|£|
||Accountancy fees||1,422|1,350|
||Depreciation of tangible fixed assets||368|550|
||||1,790|1,900|
|**5.**|**NET INCOME/(EXPENDITURE)**||||
||Net income/(expenditure) is stated after charging/(crediting):||||
||||2021|2020|
||||£|£|
||Depreciation - owned assets||368|550|
|**6.**|**TRUSTEES' REMUNERATION AND BENEFITS**||||
||Trustees remuneration amounted to £36,552 (2020: £40,773), relating to two trustees.||||
continued...
Page 9
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST JULY 2021**
## **6. TRUSTEES' REMUNERATION AND BENEFITS - continued**
## **Trustees' expenses**
Trustees expenses reimbursed amounted to £46 (2020: £450), relating to two trustees..
## **7. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **8.**
|Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Peer support activities
68,336
Investment income
2,370
**Total**
70,706
**EXPENDITURE ON**
**Charitable activities**
Peer support activities
74,775
**NET INCOME/(EXPENDITURE)**
(4,069)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
49,642
**TOTAL FUNDS CARRIED FORWARD**
45,573|2021
3
Restricted
fund
£
-
-
-
-
-
-
-|2020
3
Total
funds
£
68,336
2,370
70,706
74,775
(4,069)
49,642
45,573|
|---|---|---|
||||
continued...
Page 10
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST JULY 2021**
|**9.**
**TANGIBLE FIXED ASSETS**
Office
Office
Computer
furniture
equipment
equipment
£
£
£
**COST**
At 1st August 2020 and 31st July 2021
2,946
1,179
6,813
**DEPRECIATION**
At 1st August 2020
2,921
1,142
5,742
Charge for year
6
9
353
At 31st July 2021
2,927
1,151
6,095
**NET BOOK VALUE**
At 31st July 2021
19
28
718
At 31st July 2020
25
37
1,071
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2021
£
PA Administration fees
23,919
Prepayments
262
24,181
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2021
£
Accrued expenses
1,477
**12.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
2021
Unrestricted
Restricted
Total
funds
fund
funds
£
£
£
Fixed assets
765
-
765
Current assets
33,692
-
33,692
Current liabilities
(1,477)
-
(1,477)
32,980
-
32,980|Totals
£
10,938
9,805
368
10,173
765
1,133
2020
£
22,590
254
22,844
2020
£
1,435
2020
Total
funds
£
1,133
45,875
(1,435)
45,573|
|---|---|
continued...
Page 11
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST JULY 2021**
## **13. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**|||
|---|---|---|
||Net||
||movement|At|
|At 1.8.20|in funds|31.7.21|
|£|£|£|
|**Unrestricted funds**|||
|General fund
35,573|(12,593)|22,980|
|Designated fund
10,000|-|10,000|
|45,573|(12,593)|32,980|
|**TOTAL FUNDS**
45,573|(12,593)|32,980|
|Net movement in funds, included in the above are as follows:|||
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|**Unrestricted funds**|||
|General fund
58,937|(71,530)|(12,593)|
|**TOTAL FUNDS**
58,937|(71,530)|(12,593)|
|**Comparatives for movement in funds**|||
||Net||
||movement|At|
|At 1.8.19|in funds|31.7.20|
|£|£|£|
|**Unrestricted funds**|||
|General fund
39,642|(4,069)|35,573|
|Designated fund
10,000|-|10,000|
|49,642|(4,069)|45,573|
|**TOTAL FUNDS**
49,642|(4,069)|45,573|
|Comparative net movement in funds, included in the above are as follows:|||
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|**Unrestricted funds**|||
|General fund
70,706|(74,775)|(4,069)|
|**TOTAL FUNDS**
70,706|(74,775)|(4,069)|
continued...
Page 12
**WEST LANCS PEER SUPPORT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST JULY 2021**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.8.19|in funds|31.7.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|39,642|(16,662)|22,980|
|Designated fund|10,000|-|10,000|
||49,642|(16,662)|32,980|
|**TOTAL FUNDS**|49,642|(16,662)|32,980|
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|129,643|(146,305)|(16,662)|
|**TOTAL FUNDS**|129,643|(146,305)|(16,662)|
The balance on the designated fund of £10,000 represent £5,000 being future costs for developing new accounts systems to meet digital requirements and improve efficiency, and £5,000 towards the refund of client balances to funders expected in the coming year.
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st July 2021.
## **15. GRANTS EXCLUDED FROM ACCOUNTS**
During the year the Charity received Direct Payments income from grants which are redistributed to Direct Payment clients in full. A small amount is also received to cover management charges and payroll fees.
The attributable amounts are not included within income or expenditure of the charity since the charity only acts as an agent in relation to these amounts.
The amounts administered and excluded are as follows :
Income received (excluding management fees): £2,315,462 and paid out £2,401,304.
At the year end there is a bank balance of £739,163 (2020: £787,552) awaiting distribution.
The associated bank balances and amounts awaiting distribution are not included within these accounts.
Page 13
**WEST LANCS PEER SUPPORT**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JULY 2021**
|**FOR THE YEAR ENDED**|**31ST JULY 2021**||
|---|---|---|
||2021|2020|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Investment income**|||
|Deposit account interest|1,198|2,370|
|**Charitable activities**|||
|Sundry income|335|308|
|Payroll & Administration fees|57,404|68,028|
||57,739|68,336|
|**Total incoming resources**|58,937|70,706|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Wages|57,223|58,046|
|Social security|4,768|5,087|
|Insurance|385|373|
|Telephone and internet|1,185|1,457|
|Postage and stationery|717|1,165|
|Sundries|63|407|
|Payroll services|173|180|
|Repairs and renewals|-|548|
|Office rent|5,094|4,197|
|Volunteer travel and expenses|132|667|
|Training and conference expenses|-|748|
||69,740|72,875|
|**Support costs**|||
|**Governance costs**|||
|Accountancy fees|1,422|1,350|
|Fixtures and fittings|368|550|
||1,790|1,900|
|Total resources expended|71,530|74,775|
|**Net expenditure**|(12,593)|(4,069)|
This page does not form part of the statutory financial statements
Page 14