## **REACH CHARITY LIMITED**
## **(A COMPANY LIMITED BY GUARANTEE)**
## **ANNUAL REPORT AND ACCOUNTS – 2021 22**
**Covering the period 1 March 2021 to 28 February 2022**
1 Reach Charity Limited, Annual Report & Accounts 2021-22
## **Contents**
|**Contents**||
|---|---|
|**Annual Report**|**3**|
|Purpose and Impact|3|
|Highlights of 2021-22|3|
|Resources|6|
|Values and Principles|8|
|Governance and Decision-Making|9|
|Trustees’ Responsibilities|10|
|Administrative Details|12|
|**Accounts**|**13**|
|Independent Examiner’s Report|13|
|Statement of Financial Activities|15|
|Balance Sheet|16|
|Notes on the Financial Statements|17|
2 Reach Charity Limited, Annual Report & Accounts 2021-22
## **ANNUAL REPORT 2021-22**
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, are pleased to present their annual report, together with the financial statements for the charity for the year ending 28 February 2022.
## **Purpose and impact**
Reach was set up to provide **support for children with upper limb differences** , to help them feel comfortable in their own skin and to live their lives without limits. The wording of our charitable purposes in our Articles of Association is: ‘the relief of children with upper limb deficiencies’.
The main activities we carry out in support of these charitable purposes are:
- Organising **events** that bring children with upper limb differences together with others, both at a local branch level and at our annual Reach Activity Week for secondary-school aged children and Family Weekend.
- Bursary **grants** to help children with upper limb differences and young adults with adaptations that enable them to participate in their chosen occupations.
- Providing **support** to parents of children with upper limb differences, through networks of others who have had similar experiences and can share their learning and understanding.
- Providing **public information** to health professionals on how best to support children with upper limb differences and their parents.
In shaping our objectives and activities, the Trustees have considered the Charity Commissi on’s guidance on public benefit, including the guidance ‘Public Benefit: running a charity’ (PB2).
## **Highlights of 2021-22**
The board is extremely grateful to the hard work and creativity of our volunteers and staff for everything they have done to ensure Reach made a positive difference to many families this year. We currently have more than 600 children and young people with upper limb differences within our community.
**Organising events that bring children with upper limb differences together**
## _Branch activities_
Branch meet-ups, organised by our network of volunteer Branch Coordinators across 19 branches, are a fundamental part of how Reach supports children and young people with upper limb differences, and their families. For children who may never see another person with an upper limb difference in their day-to-day lives,
3
Reach Charity Limited, Annual Report & Accounts 2021-22
the opportunity to connect with others with similar differences and realise that they are not alone is invaluable. And, for their parents, the opportunity to learn from the experience of other parents is important in supporting their children grow up confident in their ability to live their lives without limits.
The impact of covid restrictions were keenly felt within the Reach community during both the last reporting year and the first part of 2021-22. In-person branch events were able to start again in August 2021 and our wonderful Branch Coordinators managed to squeeze in 17 meetups between then and March 2022. These ranged from Safari Park visits to picnics, and from train rides to many, many Christmas parties. It was wonderful to see the Reach community reuniting again
## _Reach Activity Week 25[th] July to 1[st] August 2021_
The Reach Activity Week (RAW) is one of the charity’s flagship events, bringing together children and young people with upper limb differences with a group of adult mentors, also with upper limb differences. The weeklong adventure represents the highlight of the Reach year for many people and it was a particularly hard blow that Covid prevented it taking place in 2020.
It was touch and go whether RAW2021 would be able to go ahead or not, but happily restrictions in England were lifted the week before the scheduled dates. 31 children and young people aged between 10 and 17 had a fantastic week of fun and learning at the Carlton Lodge Activity Centre in Yorkshire, accompanied by a volunteer team of 8 leaders, mentors and trainee mentors.
_Annual Family Day 23[rd] October 2021_
Reach ’s Annual Family Weekend is the other flagship event of the charity’s calendar. Building on 2020’s successful virtual Annual Family Day, this year we delivered an Annual Family Day as a hybrid event, with a host of guests in a studio and also beamed across the internet on a bespoke platform to connect with Reach members across the UK and Ireland.
The day was guest-presented by Alastair Greener and Reach Ambassadors Melissa Johns and Ella Dickinson and featured a star-studded selection of celebrity speakers, discussing all things limb-different. These included:
- interviews with Amy Truesdale, Ellen Keane, Toni Shaw and Reach Ambassador Claire Cashmore, fresh from their glittering Paralympic successes
- Reach Ambassador, Briony Williams, working with some young Reach members to demonstrate a wonderful recipe for cupcakes;
- interviews with stage and screen stars Beth Hinton-Lever, Melissa Johns and Milton Lopes about their performing careers;
- story readings by authors Claire Cashmore, James Catchpole, Matthew Jenkins and Mina Minozzi, all of whom have successfully written children’s books starring limb -different characters and highlighting the importance of representation in the arts.
We had presentations from some of the partner organisations that Reach works with on a regular basis, including Over The Wall, Bold Kids, Koalaa Prosthetics and Open Bionics. We also had presentations from a number of Reach members, including a really moving section entitled ‘A letter to my younger self’, and some wonderful performances from the Reach oRchestRa.
2021 was the last year of the Sue Stokes awards, set up in 2012 to commemorate the charity’s former National Coordinator and to celebrate children and young people who had had particularly impressive achievements in the
4 Reach Charity Limited, Annual Report & Accounts 2021-22
previous year. It is always difficult to choose from the nominations, and this year was no different. All of the nominees had shown particular courage or achievement and the trustees’ choice was not an easy one. This year, the award went to two individuals: Jake Carswell and Luca Reese.
Jake was chosen in part because of his success in two academic disciplines renowned for needing dexterity – art and music, achieving a school prize for art and a place in the National Open Youth Orchestra – but also for his commitment to giving back to his community and using his talents to help others. Last year, Jake volunteered a beautiful pen and ink drawing of a robin for Reach to use as a Christmas card, enabling us to raise money for the charity as a result of his generosity and talent. More recently, Jake has been involved with one of the local special schools in his area, creating a fantasy game book, which is due to be published.
Luca was chosen because of his proactive efforts to raise awareness of limb difference at his school and his cricket – – club. The trustees were impressed by someone of such a young age just 6 years old having the foresight to recognise the value of public education about limb difference and the strength of character to stand up in front of his peers to help others understand and to pre-empt their questions. This showed maturity beyond his years and was a wonderful celebration of difference and inclusion.
## _Reach oRchestRa_
In addition to its successful performances of King of the Road King of the Road and Danny Boy for the Annual Family Day, the Reach oRchestRa started 2021-22 by winning the _Excellence in SEND_ award at the Music and Drama Education Awards 2021 ahead of a number of other impressive shortlisted entries. The judges commented on the oRchestRa’s ‘deeply moving work and astonishing achievements’, which they described as ‘a fabulous example of collaboration between children and adults with similar disabilities, with long-term impact and real wow factor’ and ‘a deep commitment to inclusion’.
Whether there is a future for a virtual orchestra in a post-lockdown world remains to be seen, but we are pleased that its success in connecting Reach musicians and show-casing their talents has been recognised with a national award. We hope too that the performances have inspired other children with upper limb differences to take up a musical instrument and realise, in the words of the players in their enthusiastic acceptance speech (which can be seen here), that there really are no limits when it comes to making music.
## **Bursaries**
The Reach Bursary Scheme was set up to help remove or reduce barriers associated upper limb differences. Award decisions are taken by an independent panel with professional knowledge and lived experience of limb difference.
In 2021-22, the panel awarded 7 bursary applications, totalling £8,247. Most applications received were for adaptations for driving, but the panel also made awards for an adaptation for a bike, support for para dressage pathway and a modified laptop.
We also conducted, with representatives of the Bursary Panel, a review of the Bursary Scheme. This was as part of a wider ongoing programme to review all Reach charitable activities to ensure they continue to align fully with the charity’s Objects and the Charity Commission’s guidance on Public Benefit s. The review confirmed the value of the Bursary Scheme as a vital part of how we support children and young people with upper limb differences, and refocused the application form to enable applicants to provide clearer information to demonstrate how the thing they were seeking support for would remove or reduce a barrier associated with their upper limb difference.
5 Reach Charity Limited, Annual Report & Accounts 2021-22
## **Providing support to parents of children with upper limb differences**
Our staff team and volunteer parents continued to offer telephone and email support to existing members and prospective new members as well as dealing with queries from the general public and from health professionals. Being able to connect new parents with access to experience and support from other members of the limb difference community is a very important part of our work.
## **Social media**
Reach continues to be active on social media.
The closed Facebook group is very well used for communication between families, asking for advice or support, as well as celebrating the ‘wins’. The closed Branch Facebook groups and the Branch WhatsApp groups tend to be used for information locally.
Our open Facebook page has over 4,500 followers and visits to the page of over 9,000. Our Instagram account has over 3,600 followers and had over 11,500 page visits throughout the year. More than 2,200 followers on Twitter and a further 130 followers on LinkedIn. All these platforms allow us to increase public awareness of upper limb differences, and the support available, and to reach potential new members, health care professionals and potential funders.
## **Resources**
Reach’s work is funded substantially through charitable fundraising and donations, which accounts for just over 46% of the charity’s income when Gift Aid is taken into account. The majority of this has come from fundraising activities by our members. This is supplemented by income from membership fees equalling 22% of overall income. The charity does not receive any government or public funding.
## _**Fundraising in 2021-22**_
We ran three large-scale fundraising campaigns during 2021-22. In April, our campaign to mark Limb Loss and Limb Difference Awareness Month raised £7,985. Our bespoke R5ach Charity Challenge in August raised £19,306. Our Christmas 2021 campaign raised £3,465.
We have been extremely grateful for the awards and corporate donations we have received. Below are just a few of our generous supporters.
- National Lottery (Northwest) – £5,615
- Elizabeth and Prince Zaiger Charitable Trust – a £4,000
- Paralympian Hollie Arnold, winnings from appearing on _Celebrity Catchphrase –_ £3,000
- Joseph Strong Frazer Trust – £1,500
- Warwickshire Masons – £1,500
- Co-op – £1,000
- Enterprise Rent-a-car – £1,000
- Taylor Wimpey – £625
- Richard Kirkham Trust – £500
- Tesco – £500
6
Reach Charity Limited, Annual Report & Accounts 2021-22
- Reach Ambassador Briony Williams, winnings from appearing on _Pointless Celebrities –_ £250
- Lloyds Bank – £136
- BT – £120
In addition to these, our generous members and supporters have raised a tremendous £8,606 through individual fundraisers, Amazon Smile, EasyFundraising, legacy bequests and asking for donations in lieu of gifts at birthdays, weddings and Christenings throughout the year. We continue to be in awe of the dedication and generosity of our individual fundraisers and donors, on whose efforts our charity’s operations depend , especially in this exceptional year.
Virgin London Marathon is one of Reach’s traditional biggest fundraising events . Reach had five runners in 2021, including two of our original 2020 line up whose running plans were faced with over two years of delay because of Covid. One runner had to withdraw due to injury, but our runners collectively raised a wonderful £5,497. We are very grateful to them for their efforts.
Every single one of these fundraising efforts and donations makes a huge difference to Reach’s ability to continue to provide support for children with upper limb differences and help them live their lives without limits. Thank you to all of our fundraisers and donors for their continued support of Reach.
## _**Financial summary**_
Having been unable to deliver much of our usual programme of charitable activities in 2020-21 due to Covid restrictions, we had finished the previous reporting year with an accumulation of funds in our bank account, in excess of our agreed reserve levels. To address this accumulation, the charity made a planned loss this year of £9,065. While we remain committed to active fundraising, we intend a further planned loss in 2022-23 as Covid restrictions lift and it becomes possible once again to offer a full programme of charitable activities. After two years of restrictions, it is appropriate and consistent with our charitable purposes that we invest in events and activities that bring value to our beneficiaries.
## _**Reserves policy**_
As a charity, Reach’s first duty is to its beneficiaries - current and future. All the charity’s money must be spent to support the charitable purposes set out in our Articles of Association, namely “to promote the relief of children with upper limb deficiencies”.
The board of trustees has a duty to act in the interests of the charity’s current and future beneficiaries, including ensuring that the charity is capable of meeting all its contractual obligations and liabilities. This means, at the most extreme, ensuring there are sufficient funds held in order to cover the cost of winding up the charity, should this prove necessary at some future date.
– It also means taking steps to protect the charity against future reductions in income the equivalent of a ‘rainy day’ fund, that would enable the charity to continue to operate in support of its beneficiaries in the event of its income ceasing or being significantly reduced. A small charity like Reach is very vulnerable to changes in the fundraising environment, as the covid- 19 restrictions have demonstrated. It is important to protect the charity’s services to its beneficiaries to enable them to continue, as far as possible, despite reductions in income.
The board has considered the particular circumstances of Reach and assessed that it would be appropriate to retain enough money in our unrestricted funds to cover the cost of half a year’s operating costs plus the anticipated cost of winding up the charity in the - hopefully very unlikely - event that this should prove necessary.
7 Reach Charity Limited, Annual Report & Accounts 2021-22
This means maintaining unrestricted reserves of at least £135,000. The authorisation of the full board of trustees is required to approve any expenditure that would erode reserves below that target level.
This policy will be reviewed by the Board on an annual basis.
The balance sheet unrestricted reserves are shown as £200,941. This figure is currently above our target of £135,000, reflecting the wonderful fundraising efforts and donation received during the year and the continued disruption of community events due to Covid restrictions; we anticipate reserve levels returning to the target level in future years as the world opens up again and we can, once more, invest in events to bring together children with upper limb differences.
## _**Restricted funds**_
The charity holds £13,200 as restricted funds.
This sum (out of an original donation of £15,000) was donated to Reach to fund specific research. The funder expressed the wish that this fund be maintained for research into the causes of congenital limb differences. The fund is insufficient to commission a research project and despite efforts over a long period, we have been unable to identify any ongoing research project that meets the fund’s aims. We continue to look for a suitable project that meets the requirements of the funder.
## **Values and Principles**
Central to the way we operate are our values and ethical principles, which are at the heart of everything we do within Reach.
## _**Values**_
- **Reach is …** positive. Even in the darkest moments, we want Reach to be a ray of hope in our members’ lives. We see the potential in all Reach children and celebrate their ability, never focusing on disability.
- **Reach is … supportive** . We recognise that different families want different levels of support, and we tailor our approach to suit them. We’re there to provide resources, support and practical advice - whatever our families tell us they need.
- **Reach is … inspiring .** Our members are amazing and we shout about their achievements whenever we can. We share success stories and hero those ‘wow’ moments, big and small, to show families just how much our incredible children are capable of.
- **Reach is … community** . Connecting families is a vital part of Reach’s work and the bo nds this creates are priceless. Whether it’s at our family weekend, branch meetings or on a Facebook forum, we help members to build relationships that last a lifetime.
## _**Ethical principles**_
- **Beneficiaries come first** - we carry out our work for the public benefit.
- **Integrity** - everyone who works or volunteers for Reach should uphold the highest level of integrity and personal conduct at all times.
8
Reach Charity Limited, Annual Report & Accounts 2021-22
- **Right to be safe** - everyone who volunteers with, works for or comes into contact with Reach should be treated with dignity and respect, and feel that they are in a safe and supportive environment.
- **Openness** - we don’t cover things up and we comply with all relevant legal and regulatory requirements for transparency.
More detai l on the way we apply our ethical principles is published on the charity’s website here.
## **Governance and Decision-making**
Reach is a company limited by guarantee and is registered as a charity with both the Charity Commission for England and Wales and the Office of the Scottish Charities Regulator. We are governed by our Memorandum and Articles of Association, which are available on our website here.
Responsibility for the overall administration of the charity lies with the trustees. Together they make up the Trustee Board. Trustees are elected by members of the charity at the annual general meeting but may additionally be co-opted in-year to fill particular skills gaps on the board. Any co-opted trustee is subject to election by the members at the next annual general meeting. A third of all other serving trustees retire at each annual general meeting, but can stand for re-election if the rest of the Trustee Board supports their nomination.
The Trustee Board elects, from its members, three officers: a chair, a vice-chair and a treasurer. The board met on a quarterly basis for the majority of 2021-22, with sub committees meeting more regularly to look at specific priority areas (Fundraising, Governance, Management, Finance, Ireland and Health professionals) and discuss issues in more detail in order to advise the board.
The board aims to make decisions by consensus but, in the rare event that this is not possible, decides matters on – a majority vote. All trustees are bound by the principle of collective responsibility that is to say that they have agreed to accept a decision of the board, even if this was not their personal view.
The board delegates the majority of the day-to-day operational management of the charity to the National Coordinator. The board delegates decisions on the award of bursaries to the independent Bursary Panel.
The board has a risk register for o verseeing and managing risks to the charity’s operation. This is reviewed by the Board at least quarterly, and more frequently as events require.
For most of 2021- 22, the charity’s strategic priorities were the ones agreed by the Board i n December 2019:
- **R** aise the profile of Reach, so that every new parent has access to support when they need it.
- **E** volve our use of digital technology to improve our communication with stakeholders.
- **A** ctivities and fundraising.
- **C** orporate governance - strengthen it in line with regulatory frameworks.
- **H** arness our members’ voices.
9 Reach Charity Limited, Annual Report & Accounts 2021-22
Looking ahead, in January 2022 the board updated its strategic priorities for the period 2022-27, to bring greater clarity and focus to how Reach furthers its charitable purposes:
- **Raise the profile of limb difference** , to help improve confidence of those living with an upper limb difference to be able to live their lives without limits.
- Run a series of **high-quality activities and programmes** , to bring together and/or support children and young people with upper limb differences to help improve their confidence in being able to live their lives without limits.
- **Improve communication with, and support for, our stakeholders** , so that every new parent and child with an upper limb difference has access to support when they need it.
- **Develop our fundraising strategy** and **increase the stability of income** for Reach, so that we are resourced to carry out a range of positive support for our beneficiaries.
- **Strengthen our corporate governance** , so that we protect the charity by complying with the law and furthering our charitable purposes.
## **Trustees’ Responsibilities**
The trustees (who are also the directors of Reach Charity Limited for the purpose of company law) are responsible for preparing the Trustees’ r eport and financial statements in accordance with applicable law and regulations.
Company and charity law requires the trustees to prepare financial statements each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
10
Reach Charity Limited, Annual Report & Accounts 2021-22
## _**Accounting standards**_
The financial statements attached to this report comply with the requirements of Charities Act 2011, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Articles of Association, 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 2015) _._
In preparing this report, the Trustees have taken advantage of the small companies’ exemption provided by section 415A of the Companies Act 2006.
## _**Going concern assessment and Covid-19**_
Last year we reported a concern that our fundraising would be hard hit. In fact, through a concerted effort and with the help of our supporters, our fundraising did not suffer as much as we had feared and we were able to report an increase in fund-raising in 2020-21. However, common to the experience of many other small charities, our fundraising and donations were significantly down this year (2021-22). While we have sufficient reserves built up, due to not being able to spend money on charitable activities in previous years, this is clearly something that we will need to keep under review in the months and years ahead.
We continue to reduce our costs where we can, consistent with maintaining quality support for children and young people with upper limb differences in line with the charity’s purposes .
The trustees are satisfied that we have taken all reasonable steps to protect the charity’s resources and to find ways of continuing to further our charitable purposes given the constraints and uncertainties created by the Covid-19 pandemic.
Having considered the financial position at the point of signing off this annual report and accounts and noting that our unrestricted reserves currently stand significantly in excess of the target within our reserves policy, we consider that Reach remains a going concern.
11
Reach Charity Limited, Annual Report & Accounts 2021-22
Administrative details
Cornpany Dame:
Reach Charity Limlted
Charlty re8lstratlon numbers:
1134544 IEn8land & Wales)
SC049805 (Scotlandl
Company re8btr•tlon number:
07054164
ReBlster*d offlce and prlndpal offi.
Pearl Assurance House, Tavistock Enterprise House. 8rook StreeL
Tavistock, Devon PL19 OBN
Trnstees and Dir•¢tors:
The directors of the charitable company are Its trustees for the purposes
of charlty law. The trustees and officers in post at the point at which
this report was adopted were:
Clare Salters Ichalrl
Sam Young Ivlce-chalrl
Julie Detheridge IcoThtreasurerl
Flavla Serrano IcTrtreasurerl
Ruth Lester
Lorralne (YFarrell Mackey
Nathan Wlllls lappolnted 16104120221
Other trustees who 5eThed dur5n8 the reportlng perlod were..
Alice Gair Ire518ned 09112120211
Jo Dixon Ireslgned 21104120221
Lee Gwilliam Iresi8ned 04105120221
Key M•n•8thnent Personnel:
Deborah Bond, Natlonal Coordlnatorlcompany Secretary luntil 20107120221
Andrea Lee, Interim Natlonal Coordinator lfrom 2510712022}
Ind•pmd•nt Enmlfi•r:
Andrew Wlng
Accountsnts:
W6ngs. Chartered Accountants. Unlt l. Pearl, Assurance House, £ItW
Lane, Tavistock. Devon. PL19 OBG
B4nk•rs:
CAF Bank, 25 KinBS Hill Avenue. Kings Hill, West Mallin& Kent, ME19 4JQ
coPeratIve BanK P.0. 8ox 101. l Balloon Street. Manchester M60 4EP
In preparing this report, the Trustees have tsken advantage of the small companies, exemption provlded by section
415A of the Companies Art 21KJ6.
Thls report vr49 approved by the trustees on 11 September 2022 and signed on their behalf bv:
Clare 5alters- Chair
Julle Detheridge- Cfrtreasurer
12
R*4ch(knrfty Umknd, Annual AepDrt&AcctyJnts2021.12
## **ACCOUNTS 2021-22**
## **Independent Examiner’s Report on the Accounts for the year ended 28 February 2022**
I report to the charity trustees on my examination of the accounts of the company for the year ended 28 February 2022, which are set out on pages 15 to 25.
This report is made solely to the Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act and Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. My work has been undertaken so that I might state to the 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.
## **Responsibilities and basis of report**
The charity’s trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee In vestment (Scotland) Act 2005 (‘the 2005 Act’), The Charities Accounts (Scotland) Regulations 2006 (as amended) (‘the 2006 Accounts Regulations’) and 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 ou t 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 charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulations 11(2) of the 2006 accounts regulations. I can confirm that I am qualified to undertake the examination because I am a registered member of 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:
- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations; or
- the accounts do not accord with those records and with the accounting requirements of Regulation 8 of the 2006 Accounting Regulations; or
- 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
13
Reach Charity Limited, Annual Report & Accounts 2021-22
the accounts have not been prepared In aCcordae wrth the mettK>ds and princtples of the Ststement of
Recommended Prartice for accounting rekwtirg by tharltles prepèring their accourts in a¢¢ordance
with the Financial Reporti Standwd applicable in the UK and Republic of Ireland IFRS 1021.
I have no ¢oncems and haNt come across no other matters In connectlon the examination to which attentton
Should be dra¥m In thls report in 0er to enable a proper under#anding of the accounts to be reached.
Wln8 FCA
Wings. Chartered Accountants
Unit l. Pearl Assurance House.
Elbow Lar
Tavisto¢K
PL19 OBG
Date..
20 Wknber 2oL- Z .
14
## **STATEMENT OF FINANCIAL ACTIVITES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 28 FEBRUARY 2022**
|**Note**
**Income:**
Donations and legacies
2
Income from charitable activities
3
Income from other trading activities
4
Investment Income
5
**Total Income**
**Expenditure:**
Raising funds
6
Charitable activities
7
Support activities
8
**Total Expenditure**
**Net income/(expenditure) and**
**net movement in funds for the**
**year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**£**
117,735.
12,179.
40,679.
9.
170,602.
20,051.
109,680.
49,936.
179,667.
(9,065)
210,006
200,941|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
13,200
13,200|**Total**
**2022**
**£**
117,735.
12,179.
40,679.
9.
170,602.
20,051
109,680
49,936
179,667
(9,065)
223,206
214,141|**Total**
**2021**
**£**
225,423
340
26,940
28|
|---|---|---|---|---|
|||||252,731.|
|||||22,984
79,048
65,983|
|||||168,015|
|||||84,716
138,490|
|||||223,206|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 17 to 25 form part of these financial statements
15
Reach Charity Limited, Annual Report & Accounts 2021-22
BALANCE SHEET
AS AT 28 FEBRUARY 2022
2022
2021
Intrngibie assels
Tangible assets
li
12
16
98
16.898
16,572
1,876
8.356
1,463
19,355
Debtors
Cash at bank aF¥J in hand
13
210,984
231,912
Creditors amfwnts falling due within
one year
14
Net Assets
17
214 141
The funds of the tharity
Unrestritsj IrMe funds
16
16
200.941
210,(#)6
214 141
The Trustees congder that the company E5 entilbj to exemption from the reqUireMts to have an audlt under the
prov(sions of sthn 477 of the Companie5 Att 20(XS fthe Ac) arKI MaThLs have not wUlr the company to
obtsin an alIt of its accounts for the year in question in accordan wlth section 476 of the Act.
The Tn15t 0(kntredge th¥r reswrsllity for complying wtth the r8]ulrements of the P£t with re5pert to
co)unting rerords arKE for preparing finanoal ststements whith give a ITh a1 fair vie•V of the 51ate of affair5 of
the c()mpany as at 28 Febnry 2022 and of its net exFEnd&J fLY the year In accordan wtth the
requirunents of sections 394 a1 395 of the P£t and whlch otherwise comply with the requirememts of the Act
relating to finanaal statements, so far as ap1(able to the company.
The finarKral 5tstwnents have preFor&J in accordan with the pmwslons appiicaile tD small (Dmpanies wlthin
Part 15 ofthe Act
The finarKial Ststnents were approv&1 by the Trustees on 11 Swmber 2022 arxl signed on their behalf, ty:
aare Saikets- Owlr
Treasw
The rntes on p&]es 17 to 25 form pat of finanaal statements
16
Reach Charty Umfted.Annua1 RepOrtAnts 2021-ZI
## **NOTES OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022**
## **1. Accounting policies**
## **1.1 Basis of preparation of Financial Statements**
The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
Advantage has been taken of disclosure exemptions as set out in FRS102.1.12 from the requirement to produce a cashflow statement.
Reach Charity Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **1.2 Company Status**
The company, which was incorporated in the United Kingdom, is a company limited by guarantee and has no share capital. The directors of the company are the Trustees named on page 12. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
## **1.3 Fund Accounting**
General funds are unrestricted 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 of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds are to be used in accordance with specific restrictions imposed by donors. The cost 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.
## **1.4 Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met or when it is probable that the income will be received, and the amount can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
For pledges, entitlement is the earlier of the pledge being probable and measurable or the pledge being received.
17
Reach Charity Limited, Annual Report & Accounts 2021-22
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income from trading activities is the amount derived from ordinary activities and is stated after trade discounts.
## **1.5 Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **1.6 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Cost of raising funds comprise of costs associated with fundraising events which the charity organises in order to raise funds for furtherance of its objects.
- Expenditure on charitable activities comprise of costs associated with educational activities undertaken to further the purpose of the charity.
- Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include head office costs, finance, personnel, payroll and governance costs which supports the charity’s activities. T hese costs have been disclosed in note 8 to the financial statements.
## **1.7 Apportionment of costs**
The apportionment of costs between “Raising funds”, “Charitable activities” and “Support activities” has been done on the basis of the specific activities within each cost heading.
The following cost headings include activities covering more than one type of cost and have therefore been apportioned as follows:
- All employment related costs have been apportioned on the basis of the proportion of time spent by staff on those activities. For 2022 and 2021, the following proportions have been used: 40% charitable activities, 35% support activities and 25% raising funds
- Within Reach costs have been apportioned as follows: 90% charitable activities, 10% raising funds.
## **1.8 Intangible Fixed Assets and Amortisation**
All assets costing more than £500 are capitalised. Intangible fixed assets are stated at cost less amortisation. Amortisation is provided at a rate calculated to write off the cost of the assets, over the expected useful life on the following basis:
Database -
5 years straight line
## **1.9 Tangible Fixed Assets and Depreciation**
All assets more than £500 are capitalised.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over the expected useful lives on the following basis:
Recorders - 5% reducing balance Equipment - 10% reducing balance
18
Reach Charity Limited, Annual Report & Accounts 2021-22
## **1.9 Operating Leases**
Rentals under operating leases are charged to the statement of financial activities on a straight line basis over the lease term.
## **1.10 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.
## **1.11 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any discounts due.
## **1.12 Cash at Bank and in Hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less than the date of acquisition or opening of the deposit or similar account.
## **1.13 Creditors and Provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **1.14 Foreign Currency**
Profit and loss transactions in foreign currencies are translated into sterling at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the closing rates at the balance sheet date and the exchange differences are included in the profit and loss account.
## **1.15 Financial Instruments**
The charity 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.
19
Reach Charity Limited, Annual Report & Accounts 2021-22
## **2. Income from Donations and Legacies**
|Gifts and Donations (includes Grants and legacies)
Gift aid tax claimed/claimable
Membership Subs
**3. Income from Charitable Activities**
Shared experience & Recorder sales
Family weekend
RAW Income|**Unrestricted**
**2022**
**£**
72,752
6,173
38,810
117,735
**Unrestricted**
**2022**
**£**
281
(260)
12,158
12,179|**Unrestricted**
**2021**
**£**
187,811
3,348
34,264|
|---|---|---|
|||225,423|
|||**Unrestricted**
**2021**
**£**
540
-
(200)|
|||340|
## **4. Income earned from other trading activities**
|Fundraising events
Marathon/Running events
Challenge event
Deposits absorbed
Branches Income
Christmas cards
Advertising income
Miscellaneous income
**nvestment income**
Bank interest|**Unrestricted**
**2022**
**£**
11,420
26,564
-
-
190
247
-
2,258
40,679
**Unrestricted**
**2022**
**£**
9|**Unrestricted**
**2021**
**£**
1,446
20,599
-
1,259
1,344
414
-
1,878|
|---|---|---|
|||26,940|
|||**Unrestricted**
**2021**
**£**
28|
## **5. Investment income**
20
Reach Charity Limited, Annual Report & Accounts 2021-22
## **6. Analysis of expenditure on raising funds**
|**Analysis of expenditure on raising funds**|||
|---|---|---|
|Promotional Item costs
Fundraising costs
PR adverts
Marathon/Running costs
Salaries & Wages
PAYE/NI
Employer pension contributions
Within Reach|**Unrestricted**
**2022**
**£**
1,701
-
1,657
50
14,860
256
321
1,206
20,051|**Unrestricted**
**2021**
**£**
3,089
92
1,862
2,100
13,803
500
491
1,047|
|||22,984|
## **7. Analysis of expenditure on direct charitable activities**
|Family weekend
RAW expenditure
Camping weekend
Bursary grants paid
Salaries & Wages
PAYE/NI
Employers pension contributions
Branches expenses
Branch meetings
Volunteer expenses & training
Insurance costs
Within Reach
Exhibition costs
Prosthesis project|**Unrestricted**
**2022**
**£**
22,330.
20,058.
-.
8,247.
23,776.
410.
514.
123.
15,740.
965.
6,659.
10,858.
-.
-.
109,680.|**Unrestricted**
**2021**
**£**
4,716.
220.
-.
2,056.
22,085.
801.
785.
-.
8,230.
334.
5,400.
9,421.
-.
25,000.|
|---|---|---|
|||79,048.|
21
Reach Charity Limited, Annual Report & Accounts 2021-22
## **8. Analysis of expenditure on support activities**
|Salaries & Wages
PAYE/NI
Employers pension contributions
Other employee benefits
Staff travel expenses
Recruitment costs
Trustees’ travel expenses
Staff expenses & training
Trustee expenses other
Rent
Insurance costs
Telephone/fax/email
Postage
Stationery
Website & Computing
Subscriptions
Sundry office expenses
Depreciation
Amortisation
Accountancy & independent examination
Bank charges
Foreign currency (gains)/losses
Professional & consultancy fees
Bank interest payable
Trustees meeting expenses
**Net Expenditure**
his is stated after charging:
Depreciation of tangible fixed assets–owned by the charity
Independent examiners remuneration–current examiner
Independent examiners fees for non-compliance services–
current advisor
Independent examiners fees for non-compliance services–
previous advisor|**Unrestricted**
**2022**
**£**
20,803.
359.
451.
286.
-.
-.
-.
1,084.
-.
5,880.
1,502.
790.
5,996.
397.
3,725.
167.
1,044.
1,036.
-.
3,255.
2,235.
686.
240.
-.
-.
49,936.
**2022**
**£**
1,036
250
2,898
-|**Unrestricted**
**2021**
**£**
19,325.
700.
687.
266.
-.
-.
-.
200.
-.
5,325.
1,331.
900.
3,660.
197.
19,946.
237.
1,071.
1,024.
1,800.
2,740.
2,199.
(155)
4,528.
2.
-.|
|---|---|---|
|||65,983.|
|||**2021**
**£**
1,024
250
780
2,104|
## **9. Net Expenditure**
This is stated after charging:
No payments were made to directors, or any persons connected with them during the year (2021: £Nil). No material transaction took place between the organisation and a trustee, or any person connected with them.
During the year no trustees were reimbursed for travelling and other expenses (2021: £Nil).
22
Reach Charity Limited, Annual Report & Accounts 2021-22
## **10. Staff Costs**
Staff costs were as follows:
|**2022**
**£**
Wages and salaries
59,439
National Insurance costs
1,025
Pension contributions
1,286
61,750
No employees received emoluments in excess of £60,000.
The average monthly number of employees during the year was as follows:
**2022**
**No.**
Operations
3
3
**Intangible fixed assets**
**Database**
**£**
**Cost**
As at 1 March 2021 and 28 February 2022
13,740
**Amortisation**
As at 1 March 2021
13,740
Charge for the year
-
As at 28 February 2022
13,740
**Net Book Value**
At 28 February 2022
-
At 28 February 2021
-|**2021**
**£**
55,213
2,001
1,963|
|---|---|
||59,177|
||**2021**
**No.**
2|
||2|
||**Total**
**£**
13,740|
||13,740
-|
||13,740|
||-|
||-|
**11. Intangible fixed assets**
23
Reach Charity Limited, Annual Report & Accounts 2021-22
## **12. Fixed Assets**
|**Cost**
As at 1 March 2021
Additions
Disposals
As at 28 February 2022
**Depreciation**
At 1 March 2020
Charge for the year
Eliminated on disposals
As at 28 February 2021
**Net Book Value**
At 28 February 2022
At 28 February 2021
**13. Debtors**
Trade debtors
Prepayments and accrued income
Other debtors|**Recorders**
**£**
23,137.
-.
-.
23,137.
8,625.
726.
-.
9,351.
13,786
14,512||**Equip**
**ment**
**£**
4,255
710
-
4,965
1,869
310
-
2,179
2,786
2,386
**2022**
**£**
2,791
5,194
371
8,356||**Total**
**£**
27,392.
710.
-.|
|---|---|---|---|---|---|
||||||28,102.|
||||||10,494.
1,036.
-.|
||||||11,530.|
||||||16,572.|
||||||16,898.|
||||||**2021**
**£**
240
19,114
-|
||||||19,354|
|**14. Creditors amounts falling due within one year**|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Trade creditors|2,779.|577.|
|Accruals|2,230.|638.|
|Deferred income (note 15)|7,659.|21,441.|
|Other creditors|747.|2,948.|
||13,415.|25,604.|
|**15. Deferred Income**|||
|Deferred income comprises amounts received for fundraising events that|had not taken place|at the year end.|
||**2022**|**2021**|
||**£**|**£**|
|Balance as at 1 March 2021 (1 March 2020)|21,441.|6,278.|
|Amount released to income earned from charitable activities|(20,541)|(-)|
|Amount deferred in the year|6,759.|15,163.|
|Balance as at 28 February 2022 (28 February 2021)|7,659.|21,441|
24
Reach Charity Limited, Annual Report & Accounts 2021-22
## **16. Analysis of charitable funds**
|**Unrestricted Funds**
General funds
Total unrestricted funds
**Restricted Funds**
Research fund
Total restricted funds
**Total funds**|**Fund**
**balances**
**brought**
**forward**
**£**
210,006
210,006
13,200
13,200
223,206|**Income**
**£**
170,602
170,602
-
-
170,602|**Expenditure**
**£**
(179,667)
(179,667)
-
-
(179,667)|**Transfers**
**£**
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
200,941|
|---|---|---|---|---|---|
||||||200,941|
||||||13,200|
||||||13,200|
||||||214,141|
## **Research Fund**
The **research fund** represents funds donated by a member for use at the discretion of the trustees in furtherance of research aspect of upper limb deficiency understanding.
## **17. Analysis of net assets between funds**
||**Restricted**|**Unrestricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||**Funds 2022**|**Funds 2022**|**2022**|**2021**|
||**£**|**£**|**£**|**£**|
|Intangible fixed assets|-|-|-|-|
|Tangible fixed assets|-|16,572|16,572|16,898|
|Current assets|13,200|197,784|210,984|231,912|
|Creditors due within one|||||
|year|-|(13,415)|(13,415)|(25,604)|
||13,200|200,941|214,141|223,206|
|**Operating Lease Commitments**|||||
|t 28 February 2022 the charity had total commitments under non-cancellable operating||||leases as follows:|
||||**2022**|**2021**|
||||**£**|**£**|
|**Expiry Date:**|||||
|Within 1 year|||1,216|1,216|
|Between 2 and 5 years|||4,257|4,865|
|After more than 5 years|||-|608|
## **18. Operating Lease Commitments**
At 28 February 2022 the charity had total commitments under non-cancellable operating leases as follows:
## **19. Related Parties**
There were no related party transactions in the year (2021: £Nil).
## **20. Controlling Party**
The charitable company is controlled by the board of Trustees.
25
Reach Charity Limited, Annual Report & Accounts 2021-22