Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
Company Registration No 06883717 (England and Wales)
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE)
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 APRIL 2024
Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 APRIL 2024
| Contents | Pages |
|---|---|
| Report of the Trustees and Directors | 1 - 4 |
| Independent examiners report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Cash flow statement | 8 |
| Notes to the financial statements | 9 – 11 |
| Detailed income and expenditure account | 12 |
Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 28 APRIL 2024
The trustees and directors present their annual report and accounts for the year ended 28 April 2024.
Reference & Administrative Details
The Charity: Compassion in Action Charity number: 1135920 Company registration number: 06883717 Address: 9 & 17 Oaklands Road Lowton Warrington WA3 2LA
DIRECTORS
S Walker The Lady J Smith Mr C Gilligan Miss C Gilligan (appointed 15/07/2024) M Ewen (appointed 15/07/2024) C Ewen (appointed 15/07/2024)
CHIEF EXECUTIVE
Mrs P Gilligan
INDEPENDENT EXAMINERS
Cowgills Limited Ltd ICAEW Chartered Accountants Bedford House 60 Chorley New Road Bolton BL1 4DA
PRINCIPAL BANKERS
NatWest Bank plc 32 Market Street Leigh WN7 1DX
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COMPASSION IN ACTION
(COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 28 APRIL 2024
The Trustees, who are also the Directors of the charitable company, have pleasure in presenting their report together with the independently examined financial statements for the year ended 28 April 2024 in accordance with the Companies Act 2006 and the Statement of Recommended Practice (FRS102).
Our Aims and Objectives
Objectives and activities
The principal activity of the Charity is the relief or prevention of poverty, to prevent social exclusion and support individuals experiencing social crises.
Achievements & performance
Compassion in Action year on year continues to support all our tenants, adults with learning difficulties, elderly and disabled.
A decade after receiving The Queen’s Award for Voluntary Service, Compassion in Action was declared ‘Charity Business of the Year’ at the 2024 Greater Manchester Chamber of Commerce Excellence Awards – evidence of our continued commitment to operational excellence in the provision of ‘whole-person care’.
Our services are delivered across four key pillars: Practical (furniture, food and clothing); Physical (apprenticeships); Social (supported living for tenants who are elderly, disabled or who have learning difficulties); and Mental (residential, daily and sessional non-clinical mental health provision – pioneered by our Chief Executive/Founder).
Mayor of Greater Manchester Andy Burnham, who is a valued Patron of our Charity, has stated: ‘Compassion in Action are a key contributor in helping address the poverty and inequality that we can see today and are helping the people of Leigh and its surrounding areas live better lives’.
Furthermore, the Charity has extended its influence both nationally and internationally through its partnership with St. James’s House, which has featured our work in prestigious publications marking The Queen’s Platinum Jubilee; the Coronation of King Charles III; and the 75th anniversary of the Commonwealth.
Other influential conversations continue between our Chief Executive/Founder and representatives of Greater Manchester Mental Health NHS FT, Wigan Council and Local and Central Government regarding the Charity’s role in shaping Third Sector solutions to meet the social and circumstantial needs of the people in 2025 and beyond.
At a grass roots level, the Charity continues to deliver Leigh’s longest-running Christmas Toy Appeal – now in its 17th year – as well as entering its tenth year of providing a weekly brunch to local veterans.
Our provision of furniture, food and clothing supports the most vulnerable in our community daily. The heat & retreat provision across two sites has been a haven for many people.
The charity’s vision from 2006 being ‘whole person care’ and practical, physical, social and mental has now been achieved for the benefit of the community with the introduction of our residential, daily and sessional nonclinical mental health project which was pioneered by the chief executive/founder.
The belief and support of the charity by commissioners, partners, patrons and the community is appreciated and valued.
This is our seventeenth year of the provision of three presents per child and full Christmas lunches for our most vulnerable families at Christmas.
In all matters, the Chief Executive/Founder retains the unwavering commitment and confidence of the Charity’s President, Board of Directors, Patrons, Commissioners, staff and volunteers – as well as thew wider community, year on year.
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COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 28 APRIL 2024
Financial review
Review of the transactions and financial position
The principal source of income in the year was grants and donations. The charity has received grants from a wide range of sources and is grateful for each one. At the balance sheet date, the charity had a fund of restricted reserves of £nil and unrestricted reserves of £403,690.
Reserves policy
The reserves are continuously assessed by the Trustees who work towards maintaining an appropriate level of unrestricted reserves to cover management and administration and support costs. With increased pressure on costs and resources, Trustees are mindful of changes and fluctuation in levels of reserves required going forwards considering increasing inflation.
Plans for the future
Our projects continue to give a very high level of social return.
Our plans for the future are to enhance our current services and to maintain the high level of delivery of the services we provide.
Structure, Governance and Management
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 21 April 2009. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Each member of the company has guaranteed to contribute to the company’s assets, if required, an amount not exceeding £10.
Recruitment and appointment of directors
The Directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the company. Under the requirements of the Memorandum and Articles of Association the directors are required to retire by rotation. Appointment of directors is by the charity in general meeting or by the directors.
Responsibilities of directors
Company law requires the Trustees and Directors to prepare financial statements for each financial year which give a true and fair view of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees and Directors should follow best practice and:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue on that basis.
The Trustees and Directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees and Directors 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.
Independent examiners
Cowgills Limited were appointed as the charitable company’s independent examiners during the year.
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COMPASSION IN ACTION
(COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS FOR THE YEAR ENDED 28 APRIL 2024
This report has been prepared in accordance with the Statement of Recommended Practice (FRS102): Accounting and Reporting by Charities.
Approval
22/1/2025 | 1:44 PM GMT
This report was approved by the Trustees and Directors on ………………………….. and signed on their behalf.
[ StarSigned3569A815E4B34C1 by: Walker Sharon Walker Trustee
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF COMPASSION IN ACTION FOR THE YEAR ENDED 28 APRIL 2024
I report to the charity trustees on my examination of the accounts of the company for the year ended 28 April 2024, which are set out on pages 6 to 11.
Responsibilities and basis of report
As the charity’s trustees of the company (and also its directors for the purposes of the company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s report
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 ICAEW, which is one 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:
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1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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2) the accounts do not accord with those accounting records; or
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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
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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.
[iSigned by:
I Orgill FCCA Bedford House 60 Chorley New Road Bolton BL1 4DA
27/1/2025 | 2:41 PM GMT DATE:
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COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 APRIL 2024
| Notes Income and endowments: Income and endowments from generated funds Voluntary income 2 Furlough claims Grant income Total income and endowments Expenditure on: Charitable activities Other costs Total expenditure Net movement in funds Reconciliation of funds 8 Total funds brought forward Total funds carried forward |
Restricted Unrestricted TOTAL TOTAL Funds Funds Funds Funds 2024 2024 2024 2023 £ £ £ £ - 24,768 24,768 63,997 - - - - - 783,710 783,710 827,000 |
|---|---|
| - 808,478 808,478 890,997 - 774,794 774,794 809,076 - - - - |
|
| - 774,794 774,794 809,076 - 33,684 33,684 81,921 - 370,006 370,006 288,085 |
|
| - 403,690 403,690 370,006 |
There are no recognised gains or losses in the period other than those included in the Statement of Financial Activities.
The Statement of Financial Activities has been prepared on the basis that all operations are continuing.
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COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED 28 APRIL 2024
| Notes | 2024 | 2023 | 2023 | ||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| TANGIBLE FIXED ASSETS | 5 | 132,952 | 149,968 | ||
| CURRENT ASSETS | |||||
| Cash at bank | 272,313 | 228,620 | |||
| Debtors | 6 | 25,000 | - | ||
| CREDITORS | |||||
| Amounts falling due within one year | 7 | (26,575) | (8,582) | ||
| 270,738 | 220,038 | ||||
| NET ASSETS | 403,690 | 370,006 | |||
| THE FUNDS OF THE CHARITY | |||||
| Unrestricted Funds | 8 | 403,690 | 321,116 | ||
| Restricted Funds | - | 48,890 | |||
| TOTAL CHARITY FUNDS | 403,690 | 370,006 |
For the financial year ended 28 April 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
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The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of financial statements.
The Financial Statements on pages 5 to 10 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective January 2015) – (Charities SORP (FRS102)).
22/1/2025 | 1:44 PM GMT
Approved by the board of directors on …………………………… and signed on their behalf by:
- [ StarSigned3569A815E4B34C1 by: Walker Sharon Walker Trustee
Company Registration No 06883717
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COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 28 APRIL 2024
| Note Cash flows from operating activities Net cash used in operating activities 10 Cash flows from investing activities Purchase of tangible fixed assets Cash flows from financing activities Increase (decrease in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Total cash and cash equivalents at the end of the year |
2024 £ 54,255 (10,562) - 43,693 228,620 272,313 |
2023 £ 111,476 (26,379) - |
|---|---|---|
| 85,097 | ||
| 143,523 | ||
| 228,620 |
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Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 APRIL 2024
1. STATEMENT OF ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with the items which are considered material to the Charity's affairs.
Basis of preparation of the financial statements
The accounts have been prepared under the Historical Cost Convention, as modified by the revaluation of freehold property and the inclusion of fixed asset investments at market value, and 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 January 2015) – (Charities SORP (FRS102)) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
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 charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. 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.
Income and endowments
Grants received and invoiced income is accounted for on the accruals basis.
Voluntary income and donations are accounted for as received by the charity.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
Resources expended
Resources expended are included in the accounts on an accruals basis, inclusive of any VAT.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and events for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs allocated with meeting the constitutional and statutory requirements of the charity including the independent examiner’s fee.
All costs are allocated between the expenditure categories of the SOFA on the basis designed to reflect the use of the resource.
Value Added Tax
Value Added Tax is not recoverable by the company and as such is included in the relevant costs in the Statement of Financial Activities.
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Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 APRIL 2024
Tangible Fixed Assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Plant and equipment 15% reducing balance Fixtures and fittings 15% reducing balance Computer equipment 33% on cost
| 2 VOLUNTARY INCOME Restricted Funds Unrestricted Funds 2024 2024 £ £ Donated facilities - - Donations - 24,768 - 24,768 3 NET INCOMING RESOURCES FOR THE YEAR Independent Examination Fees 4 INFORMATION ON EMPLOYEES The average monthly number of employees, calculated on a full time equivalent basis, analysis by function was: Administration Charitable activities 5 TANGIBLE FIXED ASSETS Fixtures & fittings 2024 Cost £ Brought forward Adjustment Additions 341,217 - 10,562 Disposals - Carried forward 351,779 Depreciation Brought forward 191,808 Charge for the year 27,493 Carried forward 219,301 Net book value At 28 April 2024 132,477 At 28 April 2023 149,409 |
Restricted Funds Unrestricted Funds 2024 2024 £ £ - - - 24,768 |
Restricted Funds Unrestricted Funds 2024 2024 £ £ - - - 24,768 |
Total Total 2024 2023 £ £ - - 24,765 63,997 |
|---|---|---|---|
| - 24,768 |
24,768 **63,997 ** |
||
| 2024 2023 £ £ 4,200 3,120 |
|||
| 2024 2023 4 4 14 15 |
|||
| 18 19 |
|||
| Plant & equipment 2024 Total 2024 £ £ 3,560 - - 344,777 - 10,562 - - |
|||
| 351,779 | 3,560 355,339 |
||
| 191,808 27,493 |
3,001 194,809 84 27,577 |
||
| 219,301 | 3,085 222,386 |
||
| 132,477 | 475 132,952 |
||
| 149,409 | 559 149,968 |
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COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 APRIL 2024
| 6 DEBTORS: Amounts falling due within one year 2024 2023 £ £ Other debtors - - Prepayments 20,000 - 20,000 - 7 CREDITORS: Amounts falling due within one year 2024 2023 £ £ Accruals and deferred income 23,120 3,120 Taxation and social security 3,310 102 Other creditors 145 5,360 26,575 8,582 8 RECONCILIATION OF FUNDS As at 28 April 2023 Income Expenditure As at 28 April 2024 Unrestricted funds 321,116 808,478 (725,904) 403,690 Restricted funds 48,890 - (48,890) - 370,006 808,478 (774,794) 403,690 9 DIRECTORS REMUNERATION No directors remuneration was paid during the year. 10 CASH USED IN OPERATING ACTIVITES 2024 2023 £ £ Net movement in funds 33,684 81,921 Add back (Increase) / Decrease in debtors (25,000) 65 Increase / (Decrease) in creditors 17,994 1,939 Depreciation 27,577 27,551 54,255 111,476 |
2024 2023 £ £ - - 20,000 - |
|
|---|---|---|
| 20,000 - |
||
| 2024 2023 £ £ 23,120 3,120 3,310 102 145 5,360 |
||
| 26,575 8,582 |
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Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
MANAGEMENT INFORMATION
FOR THE PERIOD ENDED 28 APRIL 2024
Docusign Envelope ID: 8D8C0A2B-A629-46E4-A21D-F505E155B981
COMPASSION IN ACTION (COMPANY LIMITED BY GUARANTEE) DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 28 APRIL 2024
| Income and endowments from: Grants Donations Total income and endowments Expenditure on: Community projects Wages Employers national insurance Pension Insurances Rent Light, heat and utilities Telephone Printing, postage and stationery Computer costs Entertaining Repairs and refurbishments Donations Motor expenses Travelling expenses Food and catering Volunteer expenses Legal & professional Advertising & marketing Staff training Accountancy Uniforms Bank charges Sundry Depreciation Total expenditure Net profit for the year |
Total 2024 Total 2023 £ £ 783,710 827,000 24,768 63,997 |
|---|---|
| 808,478 890,997 |
|
| 97,238 139,890 376,276 359,385 27,925 3,995 20,225 3,994 4,113 7,525 35,723 34,319 33,688 29,271 3,741 6,140 9,565 11,356 13,067 6,666 254 3,485 42,422 44,346 4,026 2,660 9,870 3,495 3,750 5,460 15,310 24,333 7,716 9,834 3,736 38,701 2,139 18,814 28,621 5,952 5,872 5,264 3,319 3,065 969 1,051 4,055 6,119 27,577 27,551 |
|
| 774,794 809,076 |
|
| 33,684 81,921 |
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