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||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1to8|
|Independent|Examiner's|Report||
|Statement
of|Financial|Activities|10|
|Balance Sheet|||11to 12|
|Notes to the Financial Statements|||13to 21|
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|Risk|||||Management|||||
|---|---|---|---|---|---|---|---|---|---|
|Resources: Increased||competition||for statutory|Robust financial
framework,||cost|reduction
strategies,||
|and grant|income, changes||in market conditions||contingency
plans to protect||core|services, reserves||
|and client|behaviour|and continued||economic|policy.|||||
|pressure|on income.|||||||||
||||||It is accepted that the long|term sustainability|||of|
||||||remaining
an independent|charity||is something|that|
||||||requires
careful monitoring.|||||
|More clients using the service|||||Staffing levels are monitored||regularly
by the||Chief|
||||||Executive and reported to the Executive Committee|||||
||||||where necessary.|||||
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|Staffing: Talented
staff are|Staffing: Talented
staff are|not attracted,|not attracted,|developed|Recruitment
policies and procedures.|Recruitment
policies and procedures.|||||
|---|---|---|---|---|---|---|---|---|---|---|
|and retained
in an increasingly
competitive||||labour|||||||
|market.
We also need tro||be aware that some staff|||Formal reviews,|appraisals
and development||plans.|||
|could retire at similar times.|||||Salary Reviews.|Staff training
and progression||to|be||
||||||encouraged.||||||
|Reputation
and Operation:|||Events that could impact||Comprehensive|training
and awareness|programme||||
|reputation
and operations.|||This could include
a||for all staff.||||||
|serious fraud or significant||health
and safety|||||||||
|incident.|||||Regular reviews|and reports to the Executive||Committee.|||
|Safeguarding
ofstaff, clients|||and volunteers||Risk assessments|and policies are in place.|||||
|Governance
and Processes;|||No adequate|or|Governance
Policy and Trustee
Manual||in place.||||
|appropriate
gover nance and|||processes
in place.||Five year strategy
in place.||||||
|Data Protection
Breach|||||Stringent
data protection
and cyber security|||policies||in|
||||||place, along with|privacy statements.|||||
|Cyber Security|||||Programme
oftraining
for staff.||||||
|External
Environment:
Inability to respond|||||Focusing on the|needs of people with
a|visual||||
|effectively to a significant|change
in the external||||impairment
and|increased
involvement|of clients||in||
|environment.|||||the development|ofthe organisation
and services.|||||
||||||Partnership
working.||||||
||||||Monitor sector and act on any significant||change.||||
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|STATEMENT OF FINANCIAL ACTIVITIES
||||||
|---|---|---|---|---|---|
|FOR THE YEAR ENDED 31MARCH 2022||||2022|2021|
|||Unrestricted|Restricted|Tota
I|Tota
I|
||Note|Funds|Funds|Funds|Funds|
|||f|E|E||
|INCOMING
RESOURCES||||||
|Incoming resources from||||||
|generated
funds||||||
|Voluntary
income|2|39,640|149,865|189,505|150,627|
|Activities for generating
funds|3|595|0|595|1,628|
|Investment
income|4|4,022|0|4,022|6,033|
|Incoming
resources from||||||
|charitable
activities||||||
|Activities
in furtherance
ofthe||||||
|charity's objects|5|26,538|100|26,638|23,112|
|Total Incoming
Resources||70,795|149,965|220,760|181,400|
|RESOURCES EXPENDED||||||
|Costs ofgenerating
funds||||||
|Fundraising
trading: cost of||||||
|goods sold and other costs|6|11,175|878|12,053|13,505|
|Charitable
activities||||||
|Activities
in furtherance
ofthe||||||
|charity's objects|7|151,879|159,348|311,227|294,448|
|Goverance
costs|11|6,290|0|6,290|6,899|
|Total Resources Expended||169,344|160,226|329,570|314,852|
|NET INCOMING/(OUTGOING)||||||
|RESOURCES||-98,549|-10,261|-108,810|-133,452|
|Other recognised
gains/losses||||||
|Realised gains/losses
on sale of||||||
|fixed asset investments||33,126|0|33,126|14,383|
|Net movement
in funds||-65,423|-10,261|-75,684|-119,069|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||423,574|118,611|542,185|471,639|
|Transfer Restricted
Fixed Assets||6,099|-6,099|||
|TOTAL FUNDS CARRIED FORWARD||364,250|102,251|466,501|352,570|
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|BALANCE SHEET
|||||
|---|---|---|---|---|
|AT 31MARCH 2022|||2022|2021|
||||Total|Total|
|||Note|Funds|Funds|
|FIXED ASSET|||||
|Tangible Restricted Assets||17|17,048|12,917|
|Land 8 Buildings||17|150,000|150,000|
|Investments||18|242,266|326,322|
||||409,314|489,239|
|CURRENT ASSETS|||||
|Stocks|||10,765|10,138|
|Debtors
IL Payments|in Advance|19|8,323|6,329|
|Cash at Bank|||68,882|50,537|
||||87,970|67,004|
|CREDITORS|||||
|Amounts
falling due|||||
|within
one year||20|30,783|14,058|
||||30,783|14,058|
|NET CURRENT ASSETS|||57,187|52,946|
|TOTAL ASSETS LESS|||||
|CURRENT LIABILITIES|||466,501|542,185|
|NET ASSETS|||466,501|542,185|
|FUNDS||21|||
|Unrestricted
funds|||364,250|423,574|
|Restricted
funds|||102,251|118,611|
|TOTALFUNDS|||466,501|542,185|
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|NOTES TO THE FINANCIAL STATE
FOR THE YEAR ENDED 31MARCH|MENTS - CONTINUED
2022|||||
|---|---|---|---|---|---|
|2. VOLUNTARY
INCOME||Unrestricted|Restricted|2022|2021|
|||f|f|E|f|
|Donations
and Gifts||31,771|55,910|87,681|64,816|
|Legacies||7,869||7,869|2,461|
|Lottery Fund - Triage|||9,996|9,996|0|
|Benefit Officer Project|||83,959|83,959|83,350|
|||39,640|149,865|189,505|150,627|
|3. ACTIVITIES FOR GENERATING|FUNDS|Unrestricted|Restricted|2022|2021|
|||E|f|f|E|
|Ge n era
I fun dra ising||505|0|505|1,628|
|Lettings||90|0|90|0|
|||595|0|595|1,628|
|4. INVESTMENT INCOME||Unrestricted|Restricted|2022|2021|
|||f|f|E|f|
|Income from listed investments||3,631|0|3,631|6,032|
|Interest Receivable||391|0|391|1|
|||4,022|0|4,022|6,033|
|5. INCOMING
RESOURCES FROM|CHARITABLE ACTIVITIES|||||
|||Unrestricted|Restricted|2022|2021|
|||E||f|f|
|Service charge||2,740||2,740|2,742|
|Membership
subscriptions||11,535||11,535|13,877|
|Grants Receivable||0|100|100|205|
|Sale of aids &equip||12,263||12,263|6,288|
|||26,538|100|26,638|23,112|
|6. FUNDRAISING
TRADING: COST OF GOODS SOLD AND OTHER COSTS||||2022|2021|
|||||f|f|
|Staff costs||||10,665|13,505|
|Other costs||||510|0|
|Depreciation||||878|0|
|||||12,053|13,505|
|7. CHARITABLE ACTIVITIES COSTS|||Grant funding|Support||
|||Direct costs|ofactivities|costs|Totals|
|||(see Note 8)|(see note 9)|(see note 10)||
|Activities
in furtherance||E|f|f|f|
|ofthe charity's objects||238,291|229|72,707|311,227|
||||||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||6|f|E|E|
|Staff salaries|||||||62,709|119,610|182,319|193,159|
|Talking
News & Links Voice|||||||0|982|982|0|
|Domiciliary|visiting|service|||||1,539|0|1,539|725|
|Volunteer
exps
&||Groups|||||338|100|438|0|
|Befriending|service||||||10,029|0|10,029|2,824|
|Benefit Officer exps|||||||0|25,156|25,156|26,406|
|Purchase of|aids &|equipment|||||7,639|2,304|9,943|7,232|
|IT Project &|support costs||||||0|5,652|5,652|1,454|
|Trailer exps|||||||0|1,621|1,621|504|
|Depreciation|||||||0|612|612|4,936|
||||||||82,254|156,037|238,291|237,240|
|9, GRANTS|PAYABLE||||||Unrestricted|Restricted|2022|2021|
|Activities
in|furtherance|||ofthe|||f||f|f|
|charity's objects|||||||129|100|229|205|
|Grants payabie
relate to||||individuals|in line with the charity's||objectives.||||
||||||||||2022|2021|
|10. SUPPORT COSTS|||||||||f|E|
|Activities
in furtherance|||ofthe charity's|||objects|||72,707|57,003|
|Support costs included|||in|the above|are|as follows:|||||
||||||||Unrestricted|Restricted|2022|2021|
||||||||f|f|E|6|
|Wages|||||||55,328|0|55,328|50,235|
|Head Office costs|||||||13,745|2,733|16,478|5,651|
|Trave
I|||||||75|0|75|65|
|Subscriptions|||||||348|0|348|414|
|Depreciation|||||||0|478|478|638|
||||||||69,496|3,211|72,707|57,003|
|11. GOVERNANCE||COSTS|||||||2022|2021|
||||||||||6|f|
|Staff costs|||||||||1,000|1,000|
|Professional|fees||||||||5,165|5,877|
|Meetings
and conferences|||||||||125|22|
||||||||||6,290|6,899|
|12. NET INCOMING/(OUTGOING)RESOURCES|||||||||||
||||||||||2022|2021|
|Net resources|are stated||after charging/(crediting);||||||f|E|
|Depreciation|- owned assets||||||||1,968|5,573|
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|The average
monthly
number ofemployees|The average
monthly
number ofemployees|during the year was as follows:|
|---|---|---|
|Sight impairment|Officers||
|Benefit Officers|||
|Fundraising|||
|Administration|&Support services||
|Management|||
|Volunteer
co-ordinators|||
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||Trailer|Equipment|Laptops|Totals|
|---|---|---|---|---|
|COST||f|f|f|
|At 1April 2021|15,437|10,794|3,269|29,500|
|Additions|0|1,394|4,705|6,099|
|At 31March 2022|15,437|12,188|7,974|35,599|
|DEPRECIATION|||||
|At 1April 2021|3087|10,417|3,079|16,583|
|Charge for year|617|377|974|1,968|
|At 31March 2022|3,704|10,794|4,053|18,551|
|NET BOOK VALUE|||||
|At 31March 2022|11,733|1,394|3,921|17,048|
|At 31March 2021|12,350|377|190|12,917|
##
||||||||
|---|---|---|---|---|---|---|
|Land|&. Build|ings at cost||||150,000|
|Comparable||historical cost for the land and buildings|included|at valuation:|||
|Land|&Buildings valuation||||2022|2021|
||||||f|f|
|Cost|||||193,830|193,830|
|Accumulated||Depreciation|||0|0|
|At 31|March|2022|||193,830|193,830|
##
|18. FIXED ASSET INVESTMENTS|Fixed Asset|
|---|---|
||Investments|
|COST|E|
|At 1April 2021|326,322|
|Additions|70,561|
|Disposals|-189,126|
|Profit/Loss
on Sale of Investments|33,125|
|Dividends
re-invested|1,384|
|At 31March 2022|242,266|
|Market Values|f|
|At 31March 2022|273,920|
|At 31March 2021|378,334|
|19. DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|2022|2021|
|---|---|---|---|---|
||||f|f|
|Other debtors|||8,323|6,329|
||||8,323|6,329|
|20. CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|2022|2021|
||||f|f|
|Deferred
Income|||10,207|6,052|
|Taxation and social security|||5,533|2,554|
|Other creditors|||15,043|5,452|
||||30,783|14,058|
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|Net movement
in fund|s,
included
in the abov|e are as follows:|||||||
|---|---|---|---|---|---|---|---|---|
|||Balance|Incoming|Resources|Gains and|Balance|||
|||31/03/2021|resources|expended|Losses|31/03/2022|||
|Unrestricted
funds|||f|f|E|E|||
|General fund||423,574|70,795|-169,344|33,126|358,151|||
|Restricted
funds|||||||||
|Designated
funds - Benefit Advice Project||88,431|83,959|-110,772||61,618|||
|Lottery Fund - Triage SIO||0|9,996|-9,996||||0|
|Befriending
Donations||0|23,997|-23,997||||0|
|Trailer Expenses
Fund||8,634|0|-1,621||7,013|||
|Grants||0|100|-100||||0|
|Mablethorpe
Club Funds||196|0|0||||196|
|Westcliff Club Funds||114|0|0||||114|
|Tesco Club Funds||105|340|0||||445|
|Moorland
Lincoln
Funds||293|0|-100||||193|
|Horncastle
Club Funds||50|0|0||||50|
|IT Equipment/Support|Fund|20,788|31,573|-13,640||38,721|||
|||118,611|149,965|-160,226||108,350|||
|TOTALFUNDS||542,185|220,760|-329,570|33,126|466,501|||
|||Balance|Incoming|Resources|Gains and|Balance|||
|||31/03/2020|resources|expended|Losses|31/03/2021|||
|Unrestricted
funds|||E|f|E|f|||
|General fund||516,094|57,103|-179,443|29,820|423,574|||
|Restricted funds|||||||||
|Designated
funds
- 8enefit Advice Project||116,214|83,350|-111,133||88,431|||
|Befriending
Donations||0|18,500|-18,500||||0|
|Lines Community
Fund||0|2,500|-2,500||||0|
|Trailer Expenses
Fund||10,000|14,575|-15,941||8,634|||
|Grants||0|205|-205||||0|
|Mabiethorpe
Club Funds||196|0|0||||196|
|Westciiff Club Funds||114|0|0||||114|
|Tesco Club Funds||105|0|0||||105|
|Moorland
Lincoln
Funds||293|0|0|||293||
|Horncastle
Club Funds||50|0|0||||50|
|IT Equipment/Support|Fund|18,188|5,167|-2,567||20,788|||
|TOTAL FUNDS||661,254|181,400|-330,289|29,820|542,||185|
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