\ {\! | ## WEST LANCS PEER SUPPORT ## ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 JULY 2022 Charity registration number 1128722 Company registration number 06262114 (England and Wales) | | | | | | | t | | | | | | | | | ; : : : | | | | ] | ## WEST LANCS PEER SUPPORT ## LEGAL AND ADMINISTRATIVE INFORMATION ## Trustees MrA Nixon Ms K J Clarke Charity number 1128722 Company number 06262114 Registered office Allled Business Centre 1 Potter Place Skelmersdale Lancashire WN8 9PH ## Independent examiner Champlon TLL Limited 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN { | H [ 1 | f | j J i J ## WEST LANCS PEER SUPPORT ## CONTENTS ||Page|| |---|---|---| |Trustees’ report|1-2|:| |Independent examiner's report|3|| |Statement of financial activities|4|| |Balance sheet|5|| ||||| |Notes to the financial statements|6-11|| ||||| ||||| ||||| |||j| ||||| |||ij| | | ; | : | | | | | ## WEST LANCS PEER SUPPORT TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 JULY 2022 ## The trustees present their annual report and financlal statements for the year ended 31 July 2022. The financial statements have been prepared in accordance with the accounting policies set out In note 41 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and “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 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 educatlon of the public, particularly those affected directly or indirectly by the needs surrounding those with learning disabllities or long term disabling conditions, through the provision of information and advice regarding support and funding avallable, 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 Soclety 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 ralse awareness. 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 144 Individuals throughout the year, enabling them to five 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 thelr 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. 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. } | -1- | | | | | | : | | | | | | | | | | Hl ## WEST LANCS PEER SUPPORT TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 ## Achlevements and performance ## Public benefit In meeting the objects of the charitable company the Trustees have had considered the Charlty 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 loca! council's Direct Payment Scheme, as noted above. ## Financlal review 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 leve! of reserves currently assessed at covering six month's unrestricted costs (£35,000 at current jevels) for working capital. Actual reserves of £32,341 are currently below 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 whllst further funding is secured. The trustees are well aware of thelr cost constraints and are mindful of the need to manage costs within their budget. The charitable company's main funding was from payroll and administration fees recelved from Direct Payments. 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. TheStructure, charity isgovernance controlled byand itsmanagement governing document, a memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companles Act 2006. ; The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: MrA Nixon Mr L W Scaife (Resigned 22 November 2021) Ms K J Clarke 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. ## The trustees’ report was approved by the Board of Trustees. MrA ie) Trustee pate: .. L@.~ AA202-2........ | | | | | { : | : | f : | | | | | | | ## WEST LANCS PEER SUPPORT ## INDEPENDENT EXAMINER'S REPORT ## TO THE TRUSTEES OF WEST LANCS PEER SUPPORT | report to the trustees on my examination of the financial statements of West Lancs Peer Support (the charity) for the year ended 31 July 2022. ## Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charlty are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report In respect of my examination of the charity's financlal statements carried out under section 145 of the Charltles Act 2011 {the 2011 Act). in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)} (b) of the 2011 Act. ## Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to belleve that In any material respect: - 1 accounting records were not kept In respect of the charity as required by sectlon 386 of the 2006 Act; or - 2 _ the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of sectlon 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 financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practlce for accounting and reporting by charitles applicable to charities preparing their accounts in accordance with the Financia! Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). | 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 financial statements to be reached, ## Champlon TLL Limited P Buck FCA, DChA 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN Dated: 18 /n [rare -3- | | | ! | | | | { | | | ## WEST LANCS PEER SUPPORT ## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 31 JULY 2022 |||Unrestricted Unrestricted|Unrestricted Unrestricted|Total Unrestricted Unrestricted|Total Unrestricted Unrestricted|Total Unrestricted Unrestricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||general|designated||general|designated|| |||2022|2022|2022|2021|2021|2021| ||Notes|£|£|£|£|£|£| |Income from:|||||||| |Charitable activities|2|75,706|-|75,706|57,739|-|57,739| |Investments|3|-|-|-|1,197|-|1,197| |Total Income||75,706|-|75,706|58,936|-|58,936| |Expenditure on:
Charitable activities|4|76,345|-|76,345|71,529|-|71,529| |Net outgoing resources|||||||| |before transfers||(639)|-|(639)|(12,693)|-|(12,593)| |Gross transfers|||||||| |between funds||10,000|(10,000)|-|“|-|-| |NetIncome/(expenditure)
forthe year/|||||||| |Net movement In funds||9,361|(10,000)|(638)|(12,593)|-|(12,593)| |Fund balances at 1 August|||||||| |2021||22,980|10,000|32,980|35,573|40,000|45,573| |Fundbalancesat31 July|||||||| |2022||32,341|-|32,341|22,980|10,000|32,980| The statement of financial activities includes all gains and losses recognised In the year. All income and expenditure derive from continuing activities. The statement of financial activities also compiles with the requirements for an Income and expenditure account under the Companies Act 2006. ## OT | | | | | : | | | | | | | | | | j | | 1 | ## WEST LANCS PEER SUPPORT ## BALANCE SHEET ## AS AT 31 JULY 2022 |||2022||2021|| |---|---|---|---|---|---| ||Notes|£|£|£|£| |Fixed assets|||||| |Tangible assets|9||516||765| |Current assets|||||| |Debtors|10|8,778||24,181|| |Cash at bank and In hand||24,554||9,511|| |||33,332||33,692|| |Creditors: amounts falllng duewithin|||||| |oneyear|11|(1,507)||(1,477)|| |Net current assets|||31,825||32,215| |Total assets less current llabilities|||32,341||32,980| |Income funds|||||| |Unrestricted funds -designated|||-||10,000| |Unrestricted funds -general|||32,341
—_——
32,341||22,980
—
32,980| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2022. The directors acknowledge thelr responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of Its flnancial statements for the year in question In accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to fhe smail companies regime. The financlal statements were approved by the Trustees on V3. VA-2.2022. **----- Start of picture text -----**
Mr A Nixo Ms larke
Trustee Trustee
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## Company registration number 06262114 | | | ! : : . ! | | i | |i | } ## WEST LANCS PEER SUPPORT ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 - 1 Accounting pollcies ## Charity information West Lancs Peer Support Is a private company limited by guarantee Incorporated in England and Wales. The registered office is Allled Business Centre, 1 Potter Place, Skelmersdale, Lancashire, WN8 9PH. - 1.1 Accounting convention The financial statements have been prepared In accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable In the UK and Republic of Ireland” (“FRS 4102") and the Charitles SORP "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). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions In the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which Is the functional currency of the charity. Monetary amounts In these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at falr value). The principal accounting policles adopted are set out below. 1.2. Going concern At the time of approving the financlal statements, the trustees have a reasonable expectation that the trusteescharity has adequatecontinue to adoptresourcesthe goingto continueconcern basisin operationalof accountingexistencein preparingfor the theforeseeablefinancial statements.future. Thus the 1.3. Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of thelr charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out In the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capltal must be maintained by the charity. - 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured rellably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Ald or deeds of covenant Is recognised at the time of the donatlon. Legacies are recognised on receipt or otherwise if the charity has been notified of an Impending distribution,as a contingentthe **a** sset.mount is known, and receipt Is expected. If the amount fs not known, the legacy is treated | **----- Start of picture text -----**
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-6- | | | ! | | : . | i | | ! | | | i | | | : | | | | | | | i ## WEST LANCS PEER SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 ## 1 Accounting policies (Continued) - 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it Is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured rellably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs Involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources, Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. ## 1.6 Tanglble fixed assets Tangible fixed assets are Initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation ts recognised so as to write off the cost or valuation of assets less thelr residual values over their useful lives on the following bases: **----- Start of picture text -----**
Office furniture 25% on cost
Office equipment 25% on cost
Computers 33.33% on cost
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The gain or loss arising on the disposal of an asset ls determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Gash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts, Bank overdrafts are shown within borrowings in current liabilities. Basic financlal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price Including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future recelpts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial flabilities Basic financial llabllities, Including creditors and bank loans are Initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt Instrument is measured at the present value of the future payments discounted at a market rate of Interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabllities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. | | : | | | | | | | | | | | | | ## WEST LANCS PEER SUPPORT ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 ## 2 Charltable activitles ||Peer|Peer| |---|---|---| ||support|support| ||activities|activities| ||2022|2021| ||£|£| |Payroll &Administration fees|75,317|57,404| |OtherIncome|389|335| ||75,706|57,739| ## 3. Investments |||Total|Unrestricted| |---|---|---|---| ||||funds| ||||general| |||2022|2021| |||£|£| ||Interestreceivable|-|1,197| |4|Charitable activities||| |||Peer
support
activities|Peer
support
activities| |||2022|2021| |||£|£| ||Staffcosts|65,341|61,994| ||Depreciation and impairment|249|368| ||Insurance|393|384| ||Telephone and internet|1,594|1,185| ||Postage and stationery|421|717| ||Sundries|548|63| ||Payroll fees|173|173| ||Office rent|4,831|5,094| ||Volunteertravelandexpenses
Repairsandrenewals|553
820|132
-| |||74,923|70,107| ||Shareofgovernance costs (see note 6)|4,422|4,422| ||76,345
71,529
en
-8-||| : : ! | | | | | ## WEST LANCS PEER SUPPORT ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 ## 5 Peer support activities Peer support activities Peer support activities ## 6 Support costs |Support costs||||||| |---|---|---|---|---|---|---| ||Support|Governance|2022|Support|Governance|2021| ||costs|costs||costs|costs|| ||£|£|£|£|£|£| |Accountancy fees|-|1,422|1,422|-|1,422|4,422| ||-|4,422|1,422|-|1,422|4,422| |Analysed between||||||| |Charitableactlvitles|-|4,422|1,422|-|4,422|1,422| ## 7 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 8 Employees The average monthly number of employees during the year was: ||2022|2021| |---|---|---| ||Number
3|Number
3| |Employment costs|2022|2021| ||£|£| |Wages and salaries|59,718|57,223| |Social security costs|5,623|4,768| ||65,341|61,991| There were no employees whose annual remuneration was more than £60,000, | [ t | | -9- : | | ! | | | | | ## WEST LANCS PEER SUPPORT ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 **----- Start of picture text -----**
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |9|‘Tangible|fixed|assets| |Office|Offlce|Computers|Total| |furniture|equipment| |£|£|£|£| |Cost| |At|1|August|2021|1,179|2,946|6,813|10,938| |At|31|July|2022|1,179|2,946|6,813|40,938| |Depreciation|and|Impairment| |At|1|August|2021|1,151|2,927|6,095|10,173| |Depreciation|charged|in|the|year|7|5|237|249| |At|31|July 2022|1,158|2,932|6,332|10,422| |Carrying amount| |At|31|July 2022|21|14|481|516| |At|31|July|2021|28|19|718|765| |10|Debtors| |2022|2021| |Amounts|falling|due within|one|year:|£|£| |Other debtors|8,512|23,919| |Prepayments|and|accrued|income|266|262| |8,778|24,181||| |11|Creditors:|amounts|falling|due|within|one|year|———nd|_||| |2022|2021||| |£| |Accruals and deferred income|1,507|1,477||| **----- End of picture text -----**
| ## TT | } | | | | | - 10 - | | | | | ! | i 5; | | i | | ## WEST LANCS PEER SUPPORT ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 |12|Analysis ofnet assets|between funds||||||| |---|---|---|---|---|---|---|---|---| |||Unrestricted|Designated||Total|Unrestricted|Designated|Total| |||funds|funds|||funds|funds|| |||2022|2022||2022|2021|2021|2021| |||£|£||£|£|£|£| ||Fund balances at 31|||||||| ||July2022 are|||||||| ||represented by:|||||||| ||Tangible assets|516||-|516|765|-|765| ||Current assets/|||||||| ||(liabilities)|31,825|__|-|31,825|22,215
a|10,000
—___|32,215
—___| |||32,341||-|32,341|22,980|10,000|32,980| During the year the Charity received Direct Payments Income from grants which are redistributed to Direct Payment cllents 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 relatlon to these amounts. The amounts administered and excluded are as follows : Income received (excluding management fees): £2,493,296 and paid out £2,334,851, At the year end there is a bank balance of £909,314 (2021: £739,163) awaiting distribution. The associated bank balances and amounts awaiting distribution are not included within these accounts. ## 14 Related party transactions There were no disclosable related party transactlons during the year (2021 - none). | |