Registered number: 06848897 Charity number: 1137278 SIBLINGSTOGETHER LIMITED IA Company Limited by Guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 *ABILBSXB• 0412022 COMPANIES HOUSE
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SIBLINGSTOGEfHER UMITED (A Company Limited by Guarantee) CONTENTS Page Rfrf?ren and Adminlstralivg 1)etails of the Charity, ts Truste and Advisers Trustees. Report Independent Examinerfs Report Statement of Financial Activitles 2-10 11 12 Balance Sheet 13-14 Notes to the Flnanclal Statements 15-27
S18UNGSTOGEfHER LIMITED IA C¢)mpany Limited by Guarante•) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARifi. ffs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2021 Trustees Jarn Allen, Chaifftian (resig 30 June 2021) Jane Jones. Chair {4Jpoint&J 28 June 20211 &an Colley. Tnjstee IreswJned 1 October 20201 Daniel North. Trustee (resigned 31 August 20211 Gloria Barker. Tfuslee (resigned 28 May 20211 ison Benjamin. Trustee Iresoned 30 June 20211 Luke Blair, Trustee Clare Marshall-Hardy, Trustee (appoint&J 1 September 20211 Company registered number 06848897 Charfty Mglster number 1137278 Register•d office 351 Sryjthwth Park Ro London SE16 2JW Aceountants and Martin Bailey FCA Independent Examin•r Gc*)dman Jones LLP Chartered Accountants 29130 Frtzroy Square London W1T 6LQ Bankers CAF Bank Limited 25 Kings Hill Avenue West Malling Kent E194JQ CooperatNe 8ank PO Box 101 1 Balloon Street maheSter M60 4EP Page 1
S18UNGSTOGETHER LIMITED (A Company Limmed by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MAY 2021 The Trustees present their Annual Report together with the fInarla1 ststements of the Charty for the year 1 June 2020 to 31 May 2021. The Annual Report seThes the purFoses of both a Trustees, Report and a Direetors, Report under company law. The Trustees confimi that the Annual Report and financial slalemenls of the charitable ccynpany compty wth the curtenl statutC requirements, the requirements of the charitable compangs g¢)veming d¢xumenl and the provis)ns of the Stalwnent of Re¢Lmended Practice ISORPI applicable to char.e$ preparing their accounts in accordance wth the Financial Reporting Standard applKable in the UK and Republ of Ireland IFRS102) leffeetNe 1 January 2019). Since the Chartty qualifies as small under secth)n 382 of the Ccmpaniès Act 2(. the Strategic Report required of medium and large ccffipanies under the COmpanS Act 20C6 (Strategic Rewt and Dir&tors' Report) Regul'ons 2013 has been cffirtbj. The Charty also operates under the name Siblings Together •J Objectives and a¢tNities . Pollcles and objectlves The ChaTiVs objeelives are to relVe the n*ds of children and care leavers who have been affect8J by sgparatiw from their siblings as a resuli of beirMJ in the care system. kirship care. ¢y adcyb"on. This is done through the provision of educatw. recreatw)n, and ioinl actrvrts for sibling groups lo lake part in together. including supporting children and care leavers through mentoring and undertaking actNilies to promote sibling contad for kY)ked-after chiklren and care teavers. This also includes carrying out, collating and disseminating research into the effects of the care syslern. kiisfwp Care and adoption on sibling groups. In setting objedives and planning for actNities. the Trustees have given due consideratK)n to general guidance published by the Charity Conmission relaling to Publ benef( inCding the gUN1ar 'Public benefit." funniThJ a charity IP82)'. Page 2
SIBLINGSTOGETHER LIMITED IA Company Lirnltod by Guarantee} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2021 Objfj¢tives and actlvities (contlnued) b. Review of the year Over 80,0tr) children are currenly re5hJing in Iccal aUtrrtY Care aerctss England and Wales, an increase of most 2% since our last report. 11 is estimated that more than 6 of chiklren continue to be placed separate from their brothers and sisters. vthh the arcIty of Suitabk placements for Sibling groups cited as the main reason for this, despite signtficanl edee supports keeping sibling$ tether in order to reduce the trauma associated wrth entering the care system. The mentsl and emotional heatih and wellbeing of siblings is a cnJeI1Y protective factor rf all contact and relatNJnships can run smcN)tNy and their lives ean man4e the Ongoing stress filed lives they are livin9. For almost 1ve years, Siblings Together has ryked tirelessly lo find best ways lo reunile separated siblings in care through a range of innovative programs facilitatiny sibling )ntsct, including residential camps, month actmty days and creative workshops and retreats. We also work closety children's services lo ensure they are fully informed to take great care before they Separate siblirvJs. We are considered the UK'S leading voice on issues around sibling separation for looked-after chiklren, wlh the charity being placeil at the forefront in promoting the'righls of Itxed after chilJren' to have regular arKI rneanin9ful contxt wth their siblings. We slrNe lo prLYmote best practice for the Ca and welkbwng of knked-after children and care leavers during their time in care and beyond, engaging de Yh potty makersl rdevanl stakehokJer5 to advance policies and practices which support chikdren's Thts to maintain sibling relationships and preserve their sense of belonging and famity identity. During 2021>21 have been having Sne discussions wth Ofsled and other organisalions to look al partnering with them in ddNering training lo their inspeclorale around the needs and righ1$ of Ic¢)ked-after siblMgs. athough this is yet to lake a¢e due lo restridions so far. During 2020r21 we put together a var*ty of seThicth to delNer the great siblings work invaed wrth ¢Jur volunteers and increasiryty small tearn. trying lo respond the best we can and offer high qualty sibling lime together and re-building relationships. The tinL restrictkjns duriThJ Covtd 19 have placed the charty in an incrgdibty challenging positKJn trying to constsnty keep abreast with the work we really want to do and what we would like to achieve with limrted means also. Al limes our leam have been saddened to know children are gradualty losing their nneCt)nS. We try to adapt lo all srtuations but were sometimes unable lo act as we would wish which was the situation for al in charty ganSationS xross the sector. Despite the massive challenges of this Covid 19 Pandem we managed lo construct arKI maintsin some highly posibve connections which continued in a variety of fomis Jfjung people's foster homes. and ccffimunicalion remains as posrtive an experience as aws. As a small ch¥ty Irted resources. we ha¥e fxed the hwdest times ever. We have struggled lo a great exient in keeping evtyhing alloat. yel we have managed to do just this by re-thinking our work plans in order lo face new challenges wning OUI Way. Our volunteers continued lo be there for us keen9 thiThJs going. We are aw hopeful that things may one day retum to rn)rmal in these unknU1 tirnes. but until such tirne V+e have had to be very resourceful and imaginative in helpir@ keep things mowng and offering contsnuty the best we possibly covkl. We planned and sent out art packages to experienced students who remained isolated in their flats and halls of residences. We conlTrnued to be there to run a number of online groups and scoal media events via tter and faceb¢)ok. Our Tswtter aecounl grew from 3,000 to 8.000 people follthwiNJ so in fact we were reaching a great many people in so many different areas. Even rf we were unable lo run a camp, lor example, we would be reminding carers and social workers the impofLince of Continued conlact. even online. May chikjren were gettirg many online ¥pprynlments but made lime for their siblings. Page 3
SIBLINGSTOGETHER UMITED (A Company Limited by Guarnntee TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2021 ObiKtiv•s and a¢tiviti8s {continuedl Pa9e 4
SIBLINGSTOGETHER UMITED IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2021 Objectives and activilies l¢ontsnu•dl c. Hlghllghts from 2020121 Monthly Activity Days During 2020-21, our Monthty Actwty Days Programme attempted to ci)nlinue. Oates for starting these were ever changing.. we simpty wanted to tske the step foThward again to represent sibling families. to have dI¢t quality famity contsct with their brothers and sister at OUT activity days. but this was very mh CArt of the question. most of the lime this was simpty not possible. Through a variety of chikl<entred. fun actNitss. enabled the children to devekjp and strengthen their sibling relationships and sense of famity idenlty. Online they wanted lo play games and Ihese developed into regular Challenges. The children and young people have been integral to planning the monthty 8ctsvty days. or new skillsfinterests they wished lo learn wth their siblings. There has been sadfy very occasNJns whore we Could bring children together due to severe restricts'ons. We Continued online cont for as long a$ we possibly could, tsyo staff were furloughed as a support rneasu offed by the government. One member of our leam became unwell. wrth children al home she also found it huge dfftult to continue under these condrtions. Evenlualty we lost this member of staff yel live in hope that one day she will retum to join the team. lrnpxt of Covid 19 During the last part of 2020. the MADS programme forced to cease providing in-person suppcrt when the govemment imposed the first natsonal kxkdo+vn in March 2020_ Realising the potential for siblings to become quickly estranged without regular contact, V4 rects3nised the increased uncertainty, anxiety, and stress the children were now experiencing a5 a result of the lockd(wm, including the potential of the crisis to trigger previous Iraumalie memories for some chikjren. We felt rt imperative to ensure famity links were maintained as much as wssible. Having previous risk-assessed the additthal challenges in taking contact support online. we updated our safeguarding policy for online safety vthen working wth Children. we prod addrtional training lo staff and volunteers through the NSPCC'S Keeping Chibjren Safe online programme. With the crealion of a new Behaviour Code for the childfen coming together online. in April offerirrfj contact support sessions for individual famity group5. through the online plattomi Zcom. Our Volunteers age rnnging from 21- 84 years of age Siblings Together volunteers play a tal role in supporting the staff wtho delNer our contscl support programmes. We were once actNely supporte¢J by approx. 170 volunteers, at Actiwty Days, Residential Camps. Care Leaver Retreatsworkshops or making quills and preparing online resources. Volunteers corne forward from a vasty diverse range of backgrounds. bringrng 3 wde range of skilL% and talents in supporting the chiklren. They bring enthusiasm, passion ard fvn to evtyhing Ihey do. boosting the children'5 Confidence to learn new skills. wllingness lo eLy)erate, devebp stronger sibling bonds elc. They serve as highly positsve role models for the children and y¢)ung people and we cannot speak highly enough of the contribution they make lo the charity. Such is their dedication and commitment, they have all been able lo rise well to the challenge of ncMI supporting us in an online capxty, after undertaking the requisrte add-rtional training. Sorne have even volunteered to provKle addrtional suppJrL writing letters lo the chiklren, which the charity has been able to safety facilitste using a 'LettertK*X' process vthh Siblings Together acting as inlemediary in forwarding on letters behveen vdunteers and chihjren. Our funding durtng 2020r21 has sh¢y4¥n a signrfunt One skilled member of our staff took a long perit%J of sick leave pricf lo leaving the charrty for a new post elsewhere. Whh, gNen our situation. put a great deal of pressure on the existing tearn. Another member of the team had been on long term furlough, we were struggling to keep things going frn distant locations and yet we were positive that things rnay one day return lo Page S
SIBLINGSTOGETHER LIMITED IA Company Llmited by Guarantee) TRUSTEES. REPORT (CONnNUEDI FOR THE YEAR ENDED 31 MAY 2021 Objectives and actlvltles {conlinued) some normalrty for the charity. It alty had been yel another terrible year in a number of aspects. for our ¢harty and for our abilty to achieve a vision of %that we had set out lo do. Vve C¢)ntinLd to keep hcyful, dedicate our energy and focus upon the fijndraising side of our work %thich was getting dislinctty more diffulL Many fiJnder5 had dosed dthvn their serwces, we were in uncharted waters, but our small team continLd to plan and keep going. Kn¢Ning also that we would soon be ftrced to leave our offKe base in the near future, pressure was mounbry for us lo secure a new ba$8. We had begun looking for a new office space in the midst of a palldem. Pri Vre sky high as we are bced Centralty. Thankfully those who had given funds had agieed could use for core fvndiry for us to keep operatsng in the hcpe of seeing a way through, maintsining the ¢harity stabilrty and staff as besl we lId. The CEO, Operations and finanee continued to work through thts (J QuilterslQullts The upside to the Pand1C has certainty been the case that we have amazingly continued to receive a never ending now of quiks arrimng at our charty daity. This has proven to be a posilTve avenue for us lo keep in constant direct contact with earer and chiktren as well as young care teavers by reaching out to them with these incredible handmade grfts. The number of quits doubled during this year and I belwe over 200 were posted out. People also fundraised for the postsge costs lo help us achieve this. Many young isolated yourYJer Ca leavers conred with us and 4ain the quilts acted as a allY positive bridge in Communicatll and showng that we. as a charty, care for the weWare and wanted to try assist WheVer we possibty coukl. People were requesting quits for their siblwigs t¢)0", it gave them an posilive excuse to rneel and lo gift something which held a 9reat p)sitNe meaning for thefn as a famity. We hdd talks with BBC prcducers were k)king at doing a pramme about siblings. we spent many hours on the phone sharing our w(¥k our ideas and the reasons we began this joumey. We do not pul forward young people for such pro9Tammes direcdy as we are often requested. we choose lo protect overall, in fact we are extremety proteclNe of young people in these srtuations whh 1$ our stance. The quifters have shown themsefves to be ineredibty resilient and hugety determined. Despite the pandem they have continued on. offering MI¢)rt to many dozens of the young people we came in Contact with. Over the year the quilts were at the very heart of al we were doing ar athieving. P4e6
SIBLINGSTOGETHER UMITED IA Company Llmited by Guarantee TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021 Objectives and activitles {contlnued) Jl Financial review a. Goln9 concem After making appropriate enquiries. the Trustees have a reasonable expectati¢M that the Charity has adequate resources to ¢¢)nlinue in ¢Weratal existence for the foreseeable fuluie. For this reason. they conts'nue lo adopt the goirKJ CCeM basis in preparing the financral slatements. Further details regardirg the adoption of the going concem basls can be foun¢J in the AcJntlng Pdicies. Our goal continues to be improviig lundiThJ levels year on year so that we can continue lo extend our wch to those whom coukl benefit from our programs. Post COVNI 19. fundraising remans extremety chalknging. We continue to consider new sources of fundraising. as well as maintaining relationships wrth our exISj funder5. b. ReseNe$ policy The Tru¥tees have agreed a reserves of aiming to maintsin reserves eqLtal to appToximamteEy 4 months of running costs, vthich would equate to roughty £60k. Unrestricled reserves at the balance sheet dale were £17k 12020." deficit of £54k). Rebuikjing free reserves is a priority for the Trustees. The Charty is grateful to those funders that provKled LTrnrestn"cted funding in the year. and lo those that all¢)wed restn.cted funds to te used for other purposes when Covid 19 irnted Ihe specffic proiects funds were wmed al. Restricled funds at the balanee sheet date *ere £48.518 {2020: 176.2421. Page 7
SIBLINGSTOGETHER UMITED IA Company Limited by Guarantee) TRUSTEES. REPORT {CONTINUED FOR THE YEAR ENDED 31 MAY 2021 Slructure governanco and managomonl a. Constitution Siblingstogelher Limited rs registe as a charitable c4)mpany limiled by gU¥tee and was set up by a Memorandum ol A$slatiOn. b. Molhods of appointment or election of Trusteos The management of the Charty is the re5pon$ilM"lty of the Trustees who are elected and C{0P1ed under the terms of the Memorandum of Association. . Ofganisational structure and decision-kIng policies The organisational Structu is headed by the Board of Trustees which delem)ines strategy and polKy. Implemenlalion of such Fdicies and cperatIon plans is delegated lo the Ch1 Executrve Officer and her staff. Stsff execute policy deClOn$ in close consuttatr¢)n th the Trustees. Staff are delegated authority for the day lo day management of Siblings TDJelhers' prqlS, campaigning and fundraising aclivilies. The Charity works in close cOperatIon wrth other reputable organisations and charittes wth similar objectives. d. Remunerati¢)n pollcy The 8oard of Trustees aim lo pay staff a fair salary that is competitive within the charty sector and proportionate lo the eompiexity of exh rc4e. The Tnjstees are respffisible in line with our charrtable objectives bas on the following principle-. Pay our staff an appropnate salary to attract and relain people with the krship. eXpernCe krv)wledge and skilEs required to W the transfomi*ion are undergrJ. An annual revrew of salaries wiN be uTrJertaken by the Chief Executive, which wrll take into eonsh4eration the rale d inflation over the year and the avadabilty of funds to Siblings Together. e. Rlsk management The Trustees have assessed the Mai risks to whh the Charty is exposed, in paiticuk¥, those lated lo the operations and finances of the Charty and are satisfied that systems arKJ prc¢edures are in place to mitigate our exposure to the major risks. Page 8
SIBUNGSTOGETHER LIMITED {A Company Limited by Guarante•} TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2021 Plans for futur• periods As a milestone year in the Chanws development. 2020 Tepresenled a golden opportunity to use r(,$ 10th anniversary as a means of raising awareness about the Chartys missKJn and vision. Whilst the Covid 19 pandemic has delayed the launch of these events, k4)k forward lo being able lo inliate plans as we progress through the coming year and hold 'belated' annNersary even The Chartys goals continue to be to increase the effectiveness With which we utili5e eommuntcations lechnobsy to better support online delNery ol our servvs. One of the Charitys goals for 2020121 was to recrurf( new tee$ with the rethnl skills lo support the existing Board in realising rts stregic aims. This has been &hieve(l. t the recruitment of new trustees whose professional skilL% and experience wll be instrumental to SUPPLWting the Cha$ grovrth over the coming year. However. we are eonstanlly on the look c¥Jt for irKlividuals to join our Board and provide us the benefit of their v4uable, skills. expefience. and desire. Over the coming year our team hope to find the fvnds to recruit the wthers f the MADS etc, alOngse our desire lo be able to take the Buddying forward as we have hJ this on our horizon for some time now. We hope lo be in further discussions wth one tr trhtj eharrfies who so far seem an bjeal match for us regarding bringing siblings tojelher for holhlay camps. Th6 Ch has aws ¢dUcted an Equestrian day wlith nIeS and horses. but we will be looking at how we ould create a holiday that woukl be r8latNwship enhancin9 using these safe and welkbehaved ponies. Prety much all our chiklren have taken to this equine experience ¥Ath huge enthusiasm and wth amazin9 memories build into these fanlastK experiww. Statement of TNstees' responsibilities The Trustees (who are also the dIlOr$ of the Charity for the purposes of company lawl are responsible for pparIng the Trustees. Report and the financial stslemenls in accordance wilh applicable law and United Kingdom A¢wunt9 Standards {Unrted Kingdom Generalty Accepted A¢un9 Prxlicel. Company law requires the Trust to prep¥e financial statements for each financral year. Under eompany law, the Trustees must not approve the financial statements unless they are satisfied that they gNe a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resou8. including ils income and expenditure, for that pericd. In preparing these financial statements, the Trustees are requira lo.. select suitable ¥counb"ng pdKies and then appty them wisi5tenty. observe the methods and prinuples of the Charities SORP (FRS 1021.. make judgements and accounting estimes thal are reasonable and pwdent". slate whether apPIable UK Accounting Standards IFRS 1021 have been fOll¢ed, subject to any matertal departures di10$ed and explained in the financial stslemenls., prepare the financial st*ements on the going concem basis unless r( is inappropriate lo presume that the Charity wl continue in business. The Trustees are spOnsIble f¢X keeping adequate actnI1j records that are SLth¢ient to show and explain the Charitys transactions and discbse with reasonable accuracy at any time Ihe financial position of the Charrty and enable them lo ensure that the financial statements Comp with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charty and hence for taking reasonable steps for the prevention and detsc11 of fraud and other irregLdaritses. Page 9
SI8UNGSTOGETHER LIMITED A Company Limitod by Guaranteè) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENOED 31 MAY 2021 Approved by order ot the mwnbers of the board of Trustees and sNJned on their behaff by.. LhLS Jane Jones Chair Date". 07•4-22 Page 10
SIBLINGSTOGETHER UMITED (A Company Limited by Guarnnteel INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MAY 2021 Independent Examiners Report to the Trustees of Sibllngstogether Llmilgd (Ihg Charlty.) I report to the chanty Trustees my exnIrl0n of jUnts of the Charity for the year ended 31 May 2021. Responsibilities and Basis of Roport As the Trustees of the Chanty {and ils direclors for the purposes d c(ynpany lawl you are responstsle for the preparation of the aeecwjnts in aecordanee the requi¥ements of the Ccrtnpanies Act 2006 {Ihe 20[6 Act'i. Having satisfied my3eW that the ¥count$ of the Chanty are Mt required to be audiled under Part 16 01 the 2¢X6 Act and are elgible for independent examination, I report in respect of my examination of the Chartys accounts cairied out under secbon 145 of the Charibe$ Act 2011 {Ihe 2011 ACYI. In carrying out my examinion I have folk)wed the Directions given by the Charity ComMissn under Sli0n 14515}Ib) of the 2011 Act. Independent Examinerfs Statement I have completed my examination. I confirm that no matters haNe eome to my attention in ¢onnectM wth the examination giving me cause lo belteve.. accounting records were not kept in respect of the Charty as required by kn"9n 386 of the 2006 Act: or the accounts do not acc(¥d with those records., LY the accounts do not comply th the &counting requirements of section 3 of the 20C6 Act other than any requirement that the accounts gbve a *rue arKI fairf vie4V which is not a matter considered as part of an independent examinal#)n.' or the accounts have not been prepared in accwtsnce th the methods and principies of Ihe Stslemenl of RernMended Prxtiee for accounting and reporting by char((w lappluble to charities preparing their accLyJnls in accordance with the Financial RepThts'n9 Slandard applKable in the UK and RepublK of Ireland (FRS 102}1. I have no ¢oncems and have come across no other matters in connection with the examinalton lo which attention should be drawn in this report in order lo enable a proper understanding of the &counls to be reached. This report is made solety lo the Charitls Twslees, as a bty. in CordanCe wrth Part 4 of the Charth'es (Accounts and Reports) RegulatnS 2008. My wk has been undertaken so that I might state to the Charitys Trustees those matter5 1 am required 10 5Lite to them in an Independenl Examinerfs Report and for no other purpose. To the fUlst extent peThnitted by law. I do not accept or assume respon5ibilty to anyone other than the Chanty the Chartys Trustees as a body. for my work or for this report Srgned.. E44&y Martin Bailey Martin Balley FCA Goodman Jones LLP 29130 Fffj2roy Square London W1T 6LQ Datèj.. 07-04-22 FCA Page11
SIBLINGSTOGETHER LIMITED IA Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTivmES IINCORPORATING INCOME AND EXPENDITURE ACCOUPffj FOR THE YEAR ENDED 31 MAY 2021 Unrestricted Restrkted funds funds 2021 2021 Total funds 2021 Total funds 2020 Note Income frorn: Donations and kgac Charitsble actiwlies Other trading xtimties Investments 17,968 154,272 23,225 2,286 7200 Total income Expenditure on: Raising funds Charrtable aclivrt 47.786 17.968 65.754 180.673 11.768 32.962 11.768 110,414 17.865 166.896 77.452 Total expendllure 44.730 77,452 122,182 1T8, 761 Net incomellexpendlturel Transfets betrn funds 3,056 68.240 159.4841 168.2401 IS6.4281 1,912 14 71.296 1127.7241 156.4281 1.972 Net movement in funds Reconciliation of funds: Totsl funds brought forward Net movement in funds (54.1251 71.296 176,242 1127.724) 122.117 156.428) 120,205 1.912 Total lunds carried for4vanl 17,171 48.518 65.689 122,117 The Stslemenl of Finaneial Actiwi*s irlUdeS all gains and losses recognised in the year. The no18$ on pages 15 10 27 f part ofthese finarKiJ stslements. Page 12
SI8UNGSTOGETHER UMITED (A Company Limited by Guarantee) REGISTERED NUMBER: 06848897 BALANCE SHEET AS AT 31 MAY 2021 2021 2020 Note Fixed assets Tangible assets 4.808 2.416 2416 Cuffent a¥sets Debtors Cash * bank and in harKI 12 15.031 61.303 25,967 109,453 76A34 135.420 Creditors: aM¢Thts falling due wilhin one year 13 115.453) (15. 719) Net Currant assets 60.881 119. 701 Total assets less current Ilabilities 122.117 Net assets exeluding pension assel 65.689 122.117 Totsl net assets 6S.689 122,117 Charity fund$ Reslrthd fuThJs Unrestricted funds 14 48.518 17.171 176,242 (54. 125) 14 Total funds 65.689 122,117 The Charty was entitled to exemption from audrt under section 477 d the Companies Act 2006. The members have not wuired the c(xnpany to oblain an audit for Ihe year in question in accordance wth section 476 of Compan$ Acl 20C6. The Trustees acknvl8dge their resp)nsibilitss for comth'ng with the requirements of th8 Act with respect to aOuntIng C(Xds and preparion of financwl st*ements. The financial statements have been wepared in e0rdarKe wrth the provi%¢Mts ¥pltsble to entrtie5 subject to th8 small companies fegime. Page 13
SIBLINGSTOGETHER UMITED IA Company Llmited by Guarantee) REGISTERED NUM8ER: 06848897 BALANCE SHEET ICONTINUEO) AS AT 31 MAY 2021 The finala1 statements tre approved and authcrfised for issue by the Trustees and sKJr*d on their behalf by.. Jane Jones Chair Date.. 074N-22 The notes on pages 15 to 27 fomi part of these finafte statements. Pag8 14
SIBLINGSTOGETHER UMITED IA Company Llmlted by Guarnntge) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hlAY 2021 General information Siblin9sTogether Limited is a charitsble company wistered in England and Wales. The registered office is 351 Southwark Park Road, London. SE16 2JW. The xlivities of the Charity are set out in the Trustees, Re A¢Unting policies 2.1 Basis of preparation of financial statem The financial statents have been Prepared fft accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charrties". Ststement of Recommended Practice applicable to charities preparing their aecounls in accordance wrth the Financial Repgrting Standard applicable in the UK and Republr of Iieland {FRS 1021 {effedNe 1 January 20151, the Financial Reporting Standard applicable in the UK and Republ of Ireland {FRS 102) and the C(xTr7panies Ad 21106. Siblingslogether Limited meets the definitKin of a publt benefrt entity under FRS 102. Assets and Irabilth'es are inrtialty recognised al histortil cost or transactKJn value unless otherwise staled in the relevant accountin9 polw. The Charitys functi¢)nal CUr(Y is sterlng. All figures in these financial statements have ljeen rounded to the nearwt £1. 2.2 Company status The company is a company rnrted by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being Wnd up, the IAlty in respect of the guarantee is limfted to £10 per member of the cc*npany. 2.3 Going concern The Charty is relvant upon publK donations and events have been impacted by the Covid-19 pandemic. The Charty made use of the Governmenfs Coronavirus Job Retention Scheme during both this and the pwous rew)rting periLyJ. The Trustees continue to pfK)rilise fundraising and in particular for unrestricted funds. After making appropriale enquiries arKI after con5¥Jering the future plans of the Charity, the Trustees have a reasonab eXtalKIn that the Charity has adequate resources to conb.nue in cperab.onal existence for the foreseeable future. Accordingly, the Trustees continue to adopt the going concern basis in preparing the financial statements. 2.4 Fund accounting General funds are unrestricted funds which are availabk for ¥Jse al the discretion of the Trustees in furtherance of the general objectives of the Charity and whh have not been designated for othei purposes. Restrtcled funds are funds vthKh are to be used in accordance with specrfic restriclions imposed by donors or whh have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restrted fund is sel out in the notes to the financd stalements. Pag8 15
BUNGSTOGETHER LIMITED (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Accounting policies {conllnuedl 2.5 Income All income is rewnised once the Chanty has entseM to the inceme. it is probable that the income will be reeeived the anount of inccme rtteivabte can be m&tsur&J reliabty. Other income is reccgnised in the peric4J in whith il is recewable and to the extent the goods have been provide(l or on completk)n of the seThti. 2.6 Interest recei¥abl• Interest on funds held on deposrt i8 included when receTvable and the amount can be measured reliabty by the Chaty, this is norniajty upon notifi&ition of the interest paKI or payable by the bank. 2.7 Expenditur8 Expenditure is recc•Jnised once there is a legal or constr¢e obligation to transfer economic benefrt to a third party. rt is prcknable that a transfer of economic benefits will be required in settlement and the amount of the oblatIon can be measured re1bfy. Support costs are those costs incurr&J diredly in support of experKltture on the objects of the Charity and in relation lo ¢)verall mageMent of the Charity.. Expenditure ¢Jn raisirrfj funds are cosls incurred in attrathng voluntary income. and those incurred in trading xb¥e5 that raise funds. Charrtable actmtes and Governare costs are costs incurred on the Charty's educational operations. including supporb.ng c051s and Msts relating lo the governance of the company apportioned to charitable actMts"es. All expenditure is inclusive of irreceTable VAT. 2A Tangible fixed assets and depreciation Tangible fLxed assels are inrtialty recLyJni5ed al cost After recogntiion. under the cost rnc•Jel, tsngible fixed assets are measured * c05t less accumulated depreciat and any aecumulat8d impaiment losses. Al costs incurred to briThJ a tangible fixed asset into rts intended working ondrtion 5houbJ be induded in the measurwnent of cost. DepreciatiXL is Charged so as to alkxate the cost of langible fixed assets less their residual value ovef their estimated useful INes. - D8pwI*k is prowded on the follw.ng basis: Computer equipment 20% 19 Debtors Trade and other debtors are rwnbsed at the ¥dUement OUnt after any trade discount offered. PrepayTnents are valued at the am¢wnt prepatd net of any trwje discounts due. Page 16
S18LINGSTOGEfHER UMITED IA Company Llmlted by Guarantge) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Accounting policies Icontlnued) 110Cash at bank and in hand Cash at bank in hand includes cash and short4em7 hwhly Iquid investments a short maturity of three rncmths or less from the date of &qutsiticffl or opening of the deposit or similar account. 2.11 Liabilities and provislons Liabilrties are recojnised when there is an ob1vatn at the Balance Sheet date as a resuft of a past event. il is probable that a transfer of eCOnorn benefrt will be required in settlemenL and the ount of the settlement Can be esbmated relLgbty. abilities are recc#Jnised at the amount that the Charity antKipales it wil pay lo settle the debt or the n¢)unt it has received as advarKed payments for the goods or services il must provhde. prs1OnS are measured at the best estimate of the amounts required lo settle the obligation. Where the effect of the time value of money is material. the provi$w is based on the present value of those arnounts, discounted al the pre-lax discount rate th reflects the risks specifK lo the liability. The unw4rKling of the discnI is recognised li the Statement of Fina187 Active$ as a finan cost. 2.12 Financial instruments The Charty onty has ffftancil assets and fmancial liabilikn.es of a kind that qualify as bas financial instruments. Bas financol instruments are initialty reccvJnised at transa¢tKJn value arKI subsequentty m&%ured at IhLwr sdUement value wrth the excepth)n of bank loans which are subsequenlty measured at amortised cost usin9 the effectNe interest method. 2.13 Pensk*ns The Chanty operates a defined contribution penshjn 5theme and the pension char9e represents the amounts payable by the Chanty to the fund in respect of the year. Critical accounting estimates and areas of judgement Estimates and judgements are ctinUal evaluated and are based on hIstoral experience and olher tsct¢XS. including expectations of future events that are believed to be sonable under th& circumstances. Critical accounting estimates and assumptions" The Charity makes eslimales and aSsuMptn5 conceming the future. The resulting accounting estimates and assumptions wll. by definition. sddom equal the felaled actual resutts. There are no estimates and assumptions that are considered to have a signrfuil risk of causin9 a malefial adjustment to the earwng amounts of assets and liabilrties wthin the next finanryal year. Pw3e 17
SIBLINGSTOGETHER LIMITED IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Inwme from donations and legacies Unrestricted Restrlcted funds funds 2021 2021 Total funds 2021 Total funds 2020 Donations 40.586 17, 58,564 154.272 Tolal 2020 40.390 113.882 154.272 Income from charitable activities Restrlcted funds 2021 Total funds 2021 Tot81 funds 2020 Contribution from local authoribes 23.225 Total 2020 23.225 23,225 Page 18
SIBLINGSTOGETHER UMITED (A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Investment income Unrestrlcted funds 2021 Totsl funds 2021 To181 lunds 2020 Investment inccme 890 Tolal 2020 890 Analysis of expendlture on chaiilable activities Summary by fund type Unrestricted Restricted funds funds 2021 2021 Total funds 2021 Total lunds 2020 Charitable activities 77.452 110,414 166.896 Tolal 2020 It3,588 166,896 Page 19
SIBLINGSTOGETHER UMITED IA Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Analysis of expendlture by actlvitles undertaken dirKdy 2021 Support costs 2021 Total funds 2021 Total funds 2020 Charitsble activities 105.773 4.641 110.414 166,896 Tot812020 163. 182 3.714 166.896 Page 20
SIBLINGSTOGEfHER LIMITED IA Company Limlted by Guarnnteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Analysis of expenditure by activities (continued) Anatysis of dirnct costs Total funds 2021 Total lunds 2020 Staff costs Food Travel arKI subsistence livilies Venue hire Malefials Rent Insurance Printing. postaje and slationery Training Bank charges Staff entertainment 92.171 1.475 118,402 5.204 3,984 13,532 7.986 1. 197 6,2T4 l. T73 859 540 144 1.441 155 125 74 2.418 47 2,127 275 Suntlry ProfessK*nal fees 105.773 763. 182 Analysis of support costs Total funds 2021 Total funds 2020 Depreciation Accountancy Independent examinerfs fees 2,541 832 1.268 2. 16Q 4,641 3.714 Page 21
S18LINGSTOGETHER LIMITED IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 Staff costs 2021 2020 Wages and salaries Social security ConlribLrtb)n lo defmed Contributi pension schemes 86,238 4,071 1.862 109.565 6.510 2.32T 92.171 118.402 The average number of persons employed by the Charity durirKJ the year was as follows.. 2021 No. 2020 No. No employee recerved remuneratrJn amountiry to more than £60,OQ) in either year. 10. Trustees. remuneration and expenses During the year. no Trustee5 received any rernuneratk or other benefrts (2020- £NIL). During the year ended 31 May 2021. no Trustee expenses have been incufred (2020- £NIL). Page 22
SIBLINGSTOGEfHER LIMtrED (A Company Llmlled by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 11. Tangible fixed as¥ets Computer equipment Cost or valuation At 1 June 2020 Additions 7,770 4.933 At 31 M8y2021 12.703 Deprecialion At 1 June 2020 Charge for the year 5,354 2,641 At 31 May 2021 7.895 Net book value At 31 May2021 4.808 Al 31 May 2020 2,416 12. Debtovs 2021 2020 Due within one year Traje debtors Other debtors Prepayments and accrued inc(rfne 2,553 6.309 94 12.478 t9.564 15.031 25,967 Page 23
SI8LINGSTOGETHER UMITED IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 13. Cr¢dltors: Amounts falling due wilhin one year 2021 2020 Trade creditors Other taxaln and SOCkAI security Other creditors Accruals and deferred irthme 787 1,245 311 13.110 3.505 413 11.801 15.4S3 15, 719 Page 24
SIBLINGSTOGETHER UMITED {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 14. Statement of funds Statement of funds- currenl year Balance at 1 June 2020 Transfèrs Balance at inlout 31 May 2021 Income Expenditure Unrestricted fvnds General Funds 1¥1251 47.786 144.7301 68.240 17.171 R•stricted funds Camps MAOS Queslors Buddying creati Connections General 62,747 83,091 3.384 SA91 11.778 9.751 500 (63,2471 (64,5751 18,516 3.384 5.491 2,639 18,488 (4.1461 (8,7311 14.9931 17.468 176.242 17,968 (Tl,4521 168.2401 48.518 Total funds 122,117 65.754 {122,1821 65.689 Siblings Together seeks funding for both reslrthd actsvitEs centred on our key xli¥iles such as residential camps and monthty actmty days. and for core funding allowing for the development of new projects and the running of the Charity. If restricted funding doesn't fuliy cover the costs of speeffic project acts"Mities a transfer is made from core funding to ensure that they are fully funded. Transfers from restricted funds lo unrestricted fttnds represent Mon receNeil frcwn funders originalty for specrfK purposes but that were unreStred by tr* fvrlders during the Cowd 19 pandemic lo enable the Charty lo use these funds to cover re costs. The transfer beh¥een the Camps restricled fijnd and unrestricted funds represents a reclassification of staff costs ofiginalty alkxaled lo unrestn.cted funds bul that related lo the Camps projecL Page 25
SIBLINGSTOGETHER LIMITED (A Company Llmlted by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021 14. Statement of funds (continued) Statement of funds- prior year Balance al l June 2079 Tr8nsfe Balance at irrfout 31 May 2020 I(¥e Expenditure Unrestrithd funds General Funds 6.349 42,979 (125.453) 22.L (54, 125) Restricted lunds Camps 4DS Questors Buddn9 Creative Conne¢lions General 44,683 54,596 3.384 &214 &938 41 45.299 {22.235) (22,395) 62.747 83,091 3,384 &491 11.778 9. TSI (23) (a655J 31.495 9. 710 (17.(XXI) 113,856 737.694 (53.308) (22.000) 176,242 Totsl funds 120.205 137.694 (IT& 761) 122, 117 Page 26
SIBLINGSTOGETHER UMITED {A Company Limited by GuaTanteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAAY 2021 15. Anatysis of net assets between funds An•tysis of net assets between fundy- current year Unre*ri¢led funds 2021 Restricted funds 2021 Total funds 2021 Tangible red assets Current assets Creditors due within ce ye 4,808 27,816 115,453) 4,808 76,334 115.4531 48,518 Total 17.171 48,518 65.689 Analysis of nel assets between funds- prfor year Unrnstncled funds 2020 Restsicfed funds 2020 Total lunds 2020 Tangible frAed assets Current assets Credrtors due thIrt ¢)ne year 2.416 (40.822) (15. 719) 2,416 135.420 (15. 719) 176.242 Total {54, 125) 176.242 122,117 16. Related party transactions other than as disclosed elsewhere in the financial stslements. there were no transactions with related parties requiring dI)SUre in wther Ihe rrent or previous year. Page 27