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2022-03-31-accounts

Registered number: 06923705 Charity number: 1133138

HETTY'S (a company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

HETTY'S (a company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the company, its trustees and advisers 1
Trustees' report 2 - 9
Independent examiner's report 10
Statement of financial activities 11
Balance sheet 12
Notes to the financial statements 13 - 27

HETTY'S (a company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022

Trustees V Gardiner
T Dauban
D W Marriott
C Jackson
Company registered
number
06923705
Charity registered
number
1133138
Registered office
Marlborough House
23 Woodhouse Road
Mansfield
Nottinghamshire
NG18 2AF
Chief executive officer
D Knowles
Accountant
Jonathan Wilson
Chartered Accountant
Cromwell House
68 West Gate
Mansfield
Nottinghamshire
NG18 1RR
Bankers
Co-operative Bank PLC
PO Box 250
Delf House
Southway
Skelmersdale
WNT 6WT
Mansfield Building Society
Regent House
Regent Street
Mansfield
Nottinghamshire
NG18 1SS

Page 1

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their annual report together with the financial statements of the company for the year from 1 April 2021 to 31 March 2022. The annual report serves the purposes of both a trustees' report and a directors' report under company law. The trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) as amended by Update Bulletin 2 (effective January 2019).

Since the company qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

The principal objects of the charity are:

In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Main activities undertaken to further the company's purposes for the public benefit

The trustees have complied with the duty (set out in Section 4 of the Charities Act 2006) to have due regard to public benefit guidance published by the Charities Commission. The trustees have considered the public benefit delivered by Hetty’s and have made the following response: “Our aim is to benefit disadvantaged families and communities by providing free support around substance misuse. Our primary focus is on North Nottinghamshire although we are happy to share our expertise across the UK and mentor similar organisations according to need.”

Achievements and performance

a. Review of activities

Hetty's board confirms that on a fund by fund basis the charity's assets are available and adequate to fulfil the obligations of the charity. The board regards all activities as fulfilling the main objective of the charity, however, certain funds are restricted to particular areas of activity within the charity’s main objectives and these are classified as restricted funds.

Principal funding sources:

Over 63% of the charity's core funding in 2021-2022 was comprised of a grant from the substance treatment

Page 2

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

provider in Nottinghamshire ‘Change, Grow, Live’ (CGL), as well as a restricted grant from The Lottery Community Fund.

Other funding was generated through the following:

About the service

Hetty’s is a dedicated family service, providing emotional and practical support to family members affected by a loved one’s substance or alcohol misuse. With deep community roots and over 26 years’ experience, Hetty’s has established a reputation of non-judgmental and effective support provision, which is clearly evidenced in service feedback and partnership support.

Family members enter the service during times of despair and chaos, and, using a variety of interventions, Hetty’s aim is to reduce isolation and empower families, individuals, and communities to maximise and improve their social capital and life chances. However, management recognises that the impact on families can be complex, and often more than one member of the family may require support at any one time, and so, where possible, the service has been tailored to ensure that it supports whole families with their individual issues by working in close partnership with other support services.

Hetty’s provides a range of services that are aimed at providing diversity of engagement, and progression opportunities, for clients. These include:

 #FORGOTTEN5MILLION

Page 3

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

National picture:

Hetty’s have looked at the national context for our work. In December 2021 Adfam launched its #FORGOTTENFIVEMILLION research, evidencing the numbers of people negatively affected by someone else’s drinking, drug taking or gambling. Research showed that 5.5 million people in the UK are currently affected by the above equating to 1 in 10 of us or 11% of the population. The research also showed a prolonged negative effect of substance use. One third of people surveyed had been negatively affected for over 10 years, another third for between 4 and 10 years and a quarter for 1-3 years. Hetty’s statistics echo the Adfam research as our records show that many families access Hetty’s services and support for between 4 and 10 years.

Service Evaluation:

Hetty’s successfully engaged and worked with 474 individual clients in the reporting period 1 April 2021 – 31 March 2022. 71 of the 474 unique clients identified as Kinship Carers. These unique clients accessed 4,802 support sessions from a range of interventions on offer, with 6101 attendances within the sessions. Due to the duration of time clients access the service Hetty's delivered interventions to approximately 200 actively engaged clients every month.

The graph below shows work areas broken down by districts and attendees.

Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total		 Work area
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark&Sherwood
Out of area
Rushcliffe
Total
1 to 1 sessions
233
186
132
251
311
157
25
183
1478
Bereavement 4 2 1 1 8
Clinical Supervision
3
2
7
10
1
1
3
27
Peer Support Groups 55 149 84 112 172 138 7 59 776
External Presentation
1
1
2
4
Educational Courses 31 28 25 25 84 51 9 3 256
Helpline contacts(inwards)
62
40
61
59
84
34
14
42
396
Mediation 1 1
Safeguarding
38
13
12
18
26
25
7
139
Telephone/email ongoingsupport 371 267 355 547 850 327 49 223 2989
Therapy
2
2
19
4
27
Total 800 685 680 1023 1548 741 104 520 6101

Hetty’s continues to streamline services to meet the ever demanding need and demand from families who are negatively affected by someone else’s substance misuse. In the last 12 months Hetty’s have devised an Out of Area model for families who are not fortunate enough to have family support in their own area. This is a paid service model delivered via a digital support pathway.

Over the last year the team have seen an increase in the number of safeguarding issues, including more complex cases, vulnerable adults and Child Criminal Exploitation. The team work closely with partners to ensure the safety of families and children is paramount. This is supported by clinical supervision and ongoing training.

Page 4

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

The graph below shows the number of unique family members who have accessed during the year, and their loved ones primary substance of choice.

Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total		 Primary drug of choice
Ashfield
Bassetlaw
Broxtowe
Gedling
Mansfield
Newark & Sherwood
Out of area
Rushcliffe
Total
Alcohol
36
28
14
31
58
28
2
16
213
Amphetamines 2 2 2 6
Cannabis
18
12
12
5
22
7
2
8
86
Cocaine 7 7 4 6 13 10 8 55
Crack cocaine
3
6
3
4
1
17
Heroin 2 11 6 3 11 5 2 1 41
Methadone
3
1
3
4
2
4
1
2
20
Methamphetamine 1 1 1 3
NPS
1
1
Other 1 2 2 5
Other opiates
1
1
Prescribed medication 1 1
Substance Free
7
3
10
Unknown 5 4 5 1 15
Total
77
71
43
50
125
58
9
41
474

Evaluation

Evaluating the service in general, and in particular from the 1-1 provision, is key to ensuring that techniques and support delivery remain effective. This evaluation process consists of client feedback questionnaires, client and staff focus group sessions, and using the proven client score based RickterTM tool.

Results from the general client questionnaires, asked of clients on exit from the service, have been really positive for the past year, with 100% of respondents rating the service they had received as ‘Excellent’ or ‘Very good’.

A snapshot of data from Rickter a self-rated tool which measures the journey travelled by Hetty’s clients, from entering Hetty’s service pathway to review and exit .

Outcome
% of positive change		 Outcome
% of positive change
How knowledgeable do youfeelabout yourcurrentissues?
85
How isolated do youfeelat this timeinyour life? 78
How safe do you and other family members feel at this time?
64
How muchare youinfluenced by others to do the things that youreally donotwant to do? 67
How happy are youwithyour relationships?
82
Howstressed do youfeelat this timeinyour life? 74
Howdo youfeelyou are copingwiththe present situation?
84
Howconfident are you about talking to others about yoursituation? 74
How muchchoice/controldo youfeelyouhaveindealingwithyourpresentissues?
79
How happy are you at this time in your life? 83

Page 5

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Achievements and performance (continued)

General feedback form clients and exit questionnaires:

Clients gave glowing feedback for the support provided, 86% of General Exit Questionnaire respondents rating the service as ‘excellent’, 10% as ‘good’.

Clients noted the importance of being able to talk about their situation with Support Workers who understood without any negative judgement. Having a safe place to offload, and more importantly, be believed, reassured them that their thoughts and feelings were valid. Clients stressed the importance of having someone to turn to, several individuals stating that they had no one else.

Clients appreciated the information shared about substance misuse and the variety of psychosocial interventions. Many pointed to specific topics that they had found particularly relevant and impactful. They valued the impartial advice offered by the staff team, plus the step by step approach, which clients found clear and transparent, in which they felt in the lead.

Clients were grateful for the reassurance and validation provided by staff members, that they were doing the right thing in relation to their substance using loved one. They appreciated the impartial advice which staff members provided, including the emphasis on self-care, alongside being signposted to broader support services. Clients noted that the service achieved the right balance between providing a space to talk with practical ideas for how to improve their situation.

Examples of significant realisations which make the support so impactful for clients

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

Page 6

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

b. Reserves policy

The board has examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible assets held by the charity should be around 12 months of current expenditure. Due to changes in funding by the Local Authorities in October 2014, families where the substance user is not obtaining treatment from a service provider are no longer funded and so a strategic plan was implemented to cover this deficit. Hetty’s were successful with their application for the ‘Reaching Communities’ funding from The Community Fund, covering these “Forgotten Families”, and this title has stayed with the project and has provided a 5 year stepped reduction grant, 2019/20 saw the commencement of year 5 of this grant.

Financial position:

The charity needs reserves to enable it to meet both its ongoing commitments in respect of its general charitable activities and to meet its future operating requirements. The level of total reserves is judged appropriate for the present situation and needs of the charity. The trustees will review this position and policy on an annual basis.

Structure, governance and management

a. Constitution

Hetty's is registered as a charitable company limited by guarantee, number 1133138 and was set up by a Memorandum of Association.

The assets of the charity were transferred from the former unincorporated charity "Hetty's," charity number 1087540, on 1 June 2010.

The company is registered as a charitable company limited by guarantee and was set up by a memorandum of association on 3 June 2009.

b. Methods of appointment or election of trustees

The management of the company is the responsibility of the trustees who are elected and co-opted under the terms of the Memorandum of Association. Trustees are elected on the recommendation of fellow trustees and the minimum number is one and there is no maximum number. All trustees shall retire at each annual general meeting and offer themselves for re-election.

At the AGM all trustees resigned from post and were individually nominated and seconded for a new term. No new nominations were received.

The positions were agreed as follows:

Nina Dauban Chair of the Board Val Gardiner Vice Chair David Marriott Treasure Carol Jackson Trustee

Page 7

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Structure, governance and management (continued)

c. Organisational structure and decision-making policies

The charity is governed by its memorandum and articles adopted on 3 June 2009. Overall management of the charity is the responsibility of the trustees who are elected and co-opted at annual general meeting under the terms of the memorandum and articles. Day to day project activity is managed and carried out by volunteers and paid staff.

d. Policies adopted for the induction and training of trustees

The induction and training of trustees is viewed as an ongoing process and relevant training opportunities are brought to the attention of the board as required. Newly recruited trustees are offered an induction, training designed around their existing knowledge of Hetty's organisation and their role. All trustees receive the following :

e. Pay policy for key management personnel

The trustees make recommendations for the salary scales for all staff and for specific salaries on those scales for senior staff. The trustees consider the recommendations for any individuals in their absence.

f. Financial risk management

The trustees have reviewed the risks to which the charity is exposed and have ensured that appropriate controls/procedures have been established to provide reasonable assurance against fraud and error. The major risks to the charity which have been identified by the trustees are detailed in a risk analysis and management strategy as part of our current business plan which is reviewed at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. The business plan and fundraising strategy have been developed to support diversification of funding thereby improving the long term financial stability of the organisation. Robust procedures are in place to manage the day to day health and safety of all families/service users, staff and visitors. The continuing implementation of staff and volunteer accredited training and adherence to the ISO9001 management standard ensures a consistent quality of service delivery.

Plans for future periods

Page 8

HETTY'S (a company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Plans for future periods (continued)

and growth of the service/ coproduction.

Approved by order of the members of the board of trustees on 3 November 2022 and signed on their behalf by:

T Dauban (Trustee)

Page 9

HETTY'S (a company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022

Independent examiner's report to the trustees of Hetty's ('the company')

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the company (and 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 the company's accounts 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

Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The ICAEW, which is one of the listed bodies.

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.

This report is made solely to the company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's trustees as a body, for my work or for this report.

Signed: Jonathan Wilson FCA CTA

Dated: 7 November 2022

Jonathan Wilson ICAEW

Page 10

HETTY'S (a company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Note
Income from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2022
£
32,686
47,957
10,250
90,893
2,650
95,330
97,980
(7,087)
338,248
(7,087)
331,161		 Restricted
funds
2022
£
284,929
-
-
284,929
-
221,793
221,793
63,136
-
63,136
63,136		 Total
funds
2022
£
317,615
47,957
10,250
375,822
2,650
317,123
319,773
56,049
338,248
56,049
394,297		 Total
funds
2021
£
324,913
25,764
9,565
360,242
1,948
319,784
321,732
38,510
299,738
38,510
338,248

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 13 to 27 form part of these financial statements.

Page 11

HETTY'S (a company limited by guarantee) REGISTERED NUMBER: 06923705

BALANCE SHEET AS AT 31 MARCH 2022

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 71,095
340,355
411,450
(84,986)		 2022
£
67,833
326,464
394,297
63,136
331,161
394,297		 63,117
289,145
352,262
(84,276)		 2021
£
70,262
267,986
338,248
-
338,248
338,248

The company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the trustees on 03 November 2022 and signed on their behalf by:

D W Marriott

(Trustee)

The notes on pages 13 to 27 form part of these financial statements.

Page 12

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Hetty's meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Going concern

At the date of signing there is a degree of uncertainty about the economic impact of COVID-19. The trustees continue to monitor the position closely however they believe that the company can continue at its current level of activity subject to continued support from funders and the bank and they therefore continue to adopt the going concern basis.

1.3 Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

1.4 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 reliably. 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 allocated on the portion of the asset’s use.

Page 13

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies (continued)

1.4 Expenditure (continued)

Expenditure on raising funds includes all expenditure incurred by the company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

1.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the statement of financial activities as the related expenditure is incurred.

1.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

1.7 Tangible fixed assets and depreciation

Tangible fixed assets costing £2,500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Freehold property - straight line over 25 or 50 years
Fixtures and fittings - 1/3 straight line basis

1.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 14

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies (continued)

1.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.

1.11 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.12 Operating leases

Rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the lease term.

1.13 Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

1.14 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 15

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Accounting policies (continued)

1.15 Concessionary loans

The company has taken advantage of Section 34 of FRS 102 to recognise loans to and from public benefit entities as concessionary loans. As such the company initially recognised and measured the loans at the amounts payable and receivable in the balance sheet. In subsequent years, the carrying values will be adjusted to reflect repayments and any accrued interest, where applicable an adjusted if necessary for any impairment.

2. General information

Hetty's is a company limited by guarantee, registered in England and Wales, registration number 06923705 and a charitable company registered with The Charity Commission, registration number 1133138.

3. Income from donations and legacies

Unrestricted
funds
2022
£
Donations
Donations
19,281
Gift Aid
6,238
Grants
7,167
Government grants
-
32,686
Total 2021
67,884		 Restricted
funds
2022
£
21,602
-
263,327
-
284,929
257,029		 Total
funds
2022
£
40,883
6,238
270,494
-
317,615
324,913		 Total
funds
2021
£
15,597
15,626
261,664
32,026
324,913

Included in restricted funds are grants from "The Big Lottery Fund:"

Forgotten Families - £96,077 (2021 - £30,916) COVID-19 Response - £nil (2021- £63,655)

Page 16

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

4. Income from other trading activities

Income from fundraising events

Unrestricted
funds
2022
£
Fundraising
12,335
Sales of donated goods
35,622
47,957
Total 2021
25,764		 Total
funds
2022
£
12,335
35,622
47,957
25,764		 Total
funds
2021
£
5,599
20,165
25,764

5. Investment income

Unrestricted
funds
2022
£
Rental income
8,782
Management charge
-
Bank interest receivable
1,468
10,250
Total 2021
9,565		 Total
funds
2022
£
8,782
-
1,468
10,250
9,565		 Total
funds
2021
£
5,717
1,734
2,114
9,565

Page 17

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6. Expenditure on raising funds

Costs of raising voluntary income

Unrestricted
funds
2022
£
Fundraising expenses
2,650
Total 2021
1,948		 Total
funds
2022
£
2,650
1,948		 Total
funds
2021
£
1,948

Page 18

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

7. Analysis of charitable activities

General fund
Total 2021
Analysis of direct costs		 Activities
undertaken
directly
2022
£
317,123
319,784		 Total
funds
2022
£
317,123
319,784		 Total
funds
2021
£
319,784
Staff costs
Depreciation
Other staff costs
Rent
Utilities and cleaning
Repairs, renewals and computer costs
Insurance
Professional fees
Telephone, postage and stationery
Volunteer expenses
Training
Sundry expenses
Independent examination		 Total
funds
2022
£
262,206
2,429
2,538
9,970
10,385
7,997
1,857
5,166
8,022
388
1,710
3,105
1,350
317,123		 Total
funds
2021
£
228,410
2,429
4,043
9,075
10,008
33,096
2,133
4,335
10,474
1,290
3,306
9,085
2,100
319,784

Page 19

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

8. Staff costs

2022
£
Wages and salaries
235,623
Social security costs
18,255
Contribution to defined contribution pension schemes
8,328
262,206
The average number of persons employed by the company during the year was as follows:
2022
No.
Charitable activities
12		 2021
£
205,719
15,674
7,017
228,410
2021
No.
11

No employee received remuneration amounting to more than £60,000 in either year.

Remuneration and benefits received by key management personnel amounted to £82,797 (2021 - £81,972).

9. Trustees' remuneration and expenses

During the year, no trustees received any remuneration or other benefits (2021 - £NIL).

During the year ended 31 March 2022, no trustee expenses have been incurred (2021 - £NIL).

Page 20

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

10. Tangible fixed assets

Cost or valuation
At 1 April 2021
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
11.
Debtors
Trade debtors
Amounts owed by participating interests
Prepayments and accrued income		 Freehold
property
£
86,444
86,444
16,182
2,429
18,611
67,833
70,262		 Fixtures and
fittings
£
9,205
9,205
9,205
-
9,205
-
-
2022
£
31,968
36,443
2,684
71,095		 Total
£
95,649
95,649
25,387
2,429
27,816
67,833
70,262
2021
£
30,146
31,218
1,753
63,117

The concessionary loan, which is interest free, has been made to The Humane Touch Community Interest Company, a company that is controlled by Hetty's.

Page 21

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

12. Creditors: amounts falling due within one year

Trade creditors
Amounts owed to other participating interests
Other taxation and social security
Other creditors
Accruals and deferred income		 2022
£
585
25,552
-
1,970
56,879
84,986		 2021
£
5,608
19,955
988
2,888
54,837
84,276

The concessionary loan, which is interest free, has been made by The Humane Touch Community Interest Company, a company that is controlled by Hetty's.

Deferred income at 1 April 2021
Resources deferred during the year
Amounts released from previous periods		 2022
£
30,921
53,561
(30,921)
53,561		 2021
£
-
49,541
(18,620
30,921

The deferred income balance relates to grants that are subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or are subject to unmet conditions wholly outside the control of the recipient charity. The grants are accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

Page 22

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

13. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Development of Stable Block
Fund
Warsop Shop Premises Fund
Storage unit Warsop shop
Fund
Fire/security Fund
Consultancy Fund
Building Purchase Fund
General funds
General Fund
Total Unrestricted funds
Restricted funds
Revenue fund
Building Purchase Fund
Warsop Shop Premises Fund
Total of funds		 Balance at 1
April 2021
£
40,000
10,000
20,000
10,000
10,000
-
90,000
248,248
338,248
-
-
-
-
338,248		 Income
£
-
-
-
-
-
-
-
90,893
90,893
220,872
59,057
5,000
284,929
375,822		 Expenditure
£
-
-
(391)
(532)
(4,103)
-
(5,026)
(92,954)
(97,980)
(220,872)
-
(921)
(221,793)
(319,773)		 Transfers
in/out
£
(40,000)
(10,000)
(19,609)
(9,468)
(2,897)
100,000
18,026
(18,026)
-
-
-
-
-
-		 Balance at
31 March
2022
£
-
-
-
-
3,000
100,000
103,000
228,161
331,161
-
59,057
4,079
63,136
394,297

Page 23

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Development of Stable Block
Fund
Warsop Shop Premises Fund
Shop Van Fund
Outside Area Plot Fund
Storage unit Warsop shop
Fund
Fire/security Fund
Consultancy Fund
General funds
General Fund
Total Unrestricted funds
Restricted funds
Revenue fund
Total of funds		 Balance at
1 April 2020
£
40,000
10,000
10,000
15,000
-
-
-
75,000
224,738
299,738
-
299,738		 Income
£
-
-
-
-
-
-
-
-
103,213
103,213
257,029
360,242		 Expenditure
£
-
-
-
-
-
-
-
-
(64,703)
(64,703)
(257,029)
(321,732)		 Transfers
in/out
£
-
-
(10,000)
(15,000)
20,000
10,000
10,000
15,000
(15,000)
-
-
-		 Balance at
31 March
2021
£
40,000
10,000
-
-
20,000
10,000
10,000
90,000
248,248
338,248
-
338,248

Page 24

HETTY'S

(a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

14. Purpose of funds

Unrestricted funds:

General fund

These are funds which are available for use at the discretion of the directors in furtherance of the general objects of the charity. Included in the general fund is an amount of £67,833 (2021 - £70,262) represented by fixed assets purchased out of general funding.

Designated funds

The remaining funds have been designated for particular projects or uses which have been identified by the trustees through the strategic planning process as important for the implementation of the strategic aims, objectives and recognised growth of the charity but for which future funding is uncertain.

Restricted funds:

These represent the balance of restricted grants for projects which have not been completed at the balance sheet date.

Page 25

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2022
£
Tangible fixed assets
67,833
Current assets
348,314
Creditors due within one year
(84,986)
331,161		 Restricted
funds
2022
£
-
63,136
-
63,136		 Total
funds
2022
£
67,833
411,450
(84,986)
394,297

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year		 Unrestricted
funds
2021
£
70,262
352,262
(84,276)
338,248		 Total
funds
2021
£
70,262
352,262
(84,276)
338,248

16. Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £8,328 (2021 - £7,017). Contributions totalling £1,970 (2021 - £2,888) were payable to the fund at the balance sheet date and are included in creditors.

Page 26

HETTY'S (a company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

17. Operating lease commitments

At 31 March 2022 the company had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Not later than 1 year
Later than 1 year and not later than 5 years		 2022
£
9,000
-
9,000		 2021
£
-
9,000
9,000

18. Related party transactions

Rent of £nil (2021 - £9,000) was paid to S Needham, a director of Hetty's until 18 November 2020.

There are no further related party transactions to disclose.

19. Members' liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.

Page 27