Company Registration No. 06458814 (England and Wales) Charity Registration No. 1138101
OPERATION NOAH
DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2020
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OPERATION NOAH
COMPANY INFORMATION
Operation Noah is a Charitable Company Limited by Guarantee and a Charity Registered in England & Wales. Its primary Governing Documents are a Memorandum and Articles of Association.
| Directors | Mr John Beardmore |
|---|---|
| Mrs Nicola Bull | |
| Revd Dr Darrell Hannah | |
| Mrs Jean Leston (until July) | |
| Mr David Miller | |
| Ms Holly Petersen | |
| Sr Louisa Poole (until July) | |
| Revd Dr Martin Poulsom | |
| Mr Nicholas Jones (until July) | |
| Revd Richard Dimery (from July) | |
| Mr Kevin Shang (from July) | |
| Mrs Claire Ives (from July) | |
| Mr Cameron Conant (from July) | |
| Ms Rachie Elizabeth Ross (from November) | |
| Secretary | Mr David Miller |
| Company number | 06458814 |
| Charity number | 1138101 |
| Registered office | The Neighbourhood Office |
| 40 Bermondsey Street | |
| London | |
| SE1 3UD | |
| Independent Examiner | Mr Malcolm W Rogers |
| CEng, FBCS, FIC, ACIE | |
| Bankers | The Co-operative Bank |
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OPERATION NOAH
A Company limited by guarantee
DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2020
The Directors, who are also the trustees of the Charity, present their report and financial statements for the year ended 31 December 2020.
Objects of the Company
The object of the Charity is to promote the conservation, protection and improvement of the physical and natural environment particularly with regards to climate change and global warming, in accordance with Christian principles.
Public benefit
In planning activities for the year, the board of Directors confirm that they have given due regard to the Charity Commission’s legislative and regularity requirements to comply with Section 17 of the Charities Act 2011. This report outlines how our achievements during the year have benefited the public.
Summary of Financial Position for the Year and at 31st December 2020
The Charity’s income in 2020 was £82,610 (£92,373 in 2019), and the expenditure was £108,696 (£60,065 in 2019), giving a 2020 deficit of £26,086 (£32,308 surplus in 2019). This has been the result of investing more resources into projects in 2020 for which grant funding had been obtained in the preceding year. Key figures are shown in the table:
Summary of SOFA for 2020 (2019)
| Unrestricted Funds |
Total Restricted Funds |
Total 2020 |
Total 2019 |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| INCOME | ||||
| Donations | 15,612 | 276 | 15,888 | 17,796 |
| Gift Aid | 1,343 | 1,343 | 1,672 | |
| Grants | 62,745 | 62,745 | 70,000 | |
| Primary-purpose Trading | 2,352 | 2,352 | 2,609 | |
| Interest | 261 | 261 | 211 | |
| Other income | 21 | 21 | 86 | |
| Total Receipts | 19,589 | 63,021 | 82,610 | 92,373 |
| EXPENDITURE | ||||
| Charitable Activities | 6,470 | 82,505 | 88,975 | 41,760 |
| Cost of Raising Funds | 294 | 1,807 | 2,102 | 2,971 |
| Governance Costs | 4,248 | 4,248 | 691 | |
| Other Support Costs | 6,987 | 6,385 | 13,371 | 14,644 |
| Separate material expense item – Charitable Company restoration | ||||
| Total Expenditure | 17,999 | 90,697 | 108,696 | 60,065 |
| Surplus/(Deficit) | 1,590 | (27,676) | (26,086) | 32,308 |
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Assets and Liabilities
The Charity’s net assets decreased by £26,086 during financial year 2020, thus:
| Current Assets | 2020 | 2019 |
|---|---|---|
| Cash at Bank and in hand | 59,418 | 82,103 |
| Debtors | 1,343 | 1,671 |
| Creditors | (4,437) | (1,365) |
| Total assets less current liabilities | 56,324 | 82,410 |
The Restricted and Unrestricted funds decreased by a total of £26,086. All fund balances were positive as at 31 December 2020.
| December 2020. | |||||
|---|---|---|---|---|---|
| Closing Balance 31-12-19 |
Receipts | Payments | Surplus/ (Deficit) |
Closing Balance 31-12-20 |
|
| Total Restricted Funds | 60,168 | 63,021 | 90,696 | (27.676) | 32,492 |
| Unrestricted Funds | 22,241 | 19,589 | 17,999 | 1,590 | 23,832 |
| Grand Total | 82,410 | 82,610 | 108,696 | (26,086) | 56,324 |
Covid-19
The Charity has continued to operate under the restrictions caused by the pandemic during 2020. Staff have been retained and have been working at home since March. The campaigns engaged in by the Charity have been able to operate online very successfully.
Board meetings have been held using Zoom and the Annual Meeting, though held later than usual, was also held using this technology and was better attended than had been the case in recent years, the need not to travel having enabled a greater number to participate.
Unrestricted income was slightly lower than in 2019, but this may not necessarily be attributable to the pandemic. Some of the Charity’s costs have been lower – there has been a period of several months’ rent freeze, which continues into the early months of 2021 and no travel expenses have been incurred for the majority of the year.
Governance
The Directors engaged the services of Russell-Cooke solicitors to produce a revised Governing Document for the Charity, which replaced the previous (2010) separate Memorandum and Articles of Association. The new document was adopted at the Directors’ meeting in November and was lodged with the Charity Commission and Companies House in December. At the same time a Conflicts of Interest Policy was drawn up. This was also adopted at the Directors’ meeting in November.
Reserves Policy
The Directors adopted a revised Reserves Policy during 2019. This policy stipulates that the charity will aim to maintain a minimum balance of unrestricted funds approximately equivalent to six months of an average year’s unrestricted payments.
Chair’s report – 2021
Despite the ongoing Covid-19 pandemic and the resulting restrictions, our work at Operation Noah was able to continue much as normal throughout 2020, with all staff members working from home. Despite the postponement of the COP26 to this year, 2020 remained crucial for progress on addressing the climate crisis. In looking back over last year, there are a number of things to highlight about Operation Noah’s work during 2020.
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Summary of activities:
-
In January 20 faith organisations announced their divestment from fossil fuels as part of the Epiphany Declaration for Fossil Free Churches.
-
In February the Church of England made a decision to go net zero by 2030. The Jesuits in Britain announced that they would be fully divested from fossil fuels by the end of 2020.Summary of activities:
-
In March the Sisters of St Joseph of Peace announced that they had completed the divestment from fossil fuels of their UK investment portfolio. The Sisters made the decision to divest in 2018 and were 100% fossil free by 2019.
-
In April we published four case studies showing how faith organisations are investing in the clean energy future. They demonstrate how two cathedrals and a number of churches are making using of renewables on their buildings and investing in local community energy. In addition, Sir John Houghton, a Patron of Operation Noah, passed away, aged 88.
-
In May 42 faith institutions from 14 countries, including 21 from the UK, announced their divestment from fossil fuels. We worked with the World Council of Churches, the Global Catholic Climate Movement, Green Anglicans and GreenFaith on this announcement.
-
In June we ran a webinar to launch our new report, Church investments in major oil companies: Paris compliant or Paris defiant ? The report shows the gap between the business plans of major oil companies and the Paris Agreement targets and calls on Churches in the UK to urgently divest from fossil fuels to tackle the climate emergency. It received coverage in national media including the i newspaper and the Telegraph .
-
In July 60 people joined us for our first-ever online annual Operation Noah Supporters’ Day. We heard from David Pickering, Bokani Tshidzu and James Anthony. The Methodist Conference supported a motion on fossil fuel divestment, referring a decision to Methodist Council in October.
-
In August ON joined more than 70 prominent civil society leaders – including the former Archbishop of Canterbury, Dr Rowan Williams – and signed a letter opposing the Pensions Minister Guy Opperman’s continued investment in fossil fuel companies.
-
In September Climate Sunday was launched. Climate Sunday was originally proposed by Operation Noah and is now supported by 20 organisations and run by CTBI. It asks churches to hold a climate-themed service in the lead-up to COP26 in 2021, make a commitment to take action to reduce their own greenhouse gases, and ask politicians and world leaders to tackle the climate emergency.
-
During September and October , Operation Noah was involved in organising two webinars designed to help Catholic institutions both divest from fossil fuels and make investments with positive environmental and social impacts. Speakers included Lord Deben and Fr Augusto Zampini. They were each attended by more than 250 people. The Methodist Council voted for a resolution on fossil fuel divestment.
-
In November 47 faith institutions from 21 countries, including the UK, announced their divestment from fossil fuels. In the UK, Catholic religious orders, United Reformed Church Synods and local Anglican and Methodist Churches joined the announcement.
-
In December the Scottish Episcopal Church made a decision to go net zero by 2030, following a similar decision by the Church of Scotland in October. The decision is especially significant as Glasgow prepares to host the UN climate talks, COP26, in November 2021.
-
We continued to have representation at the online meetings of the Faith for the Climate Network, as well as at the Environmental Issues Network of Churches Together of Britain and Ireland. Both are useful forums where we can meet and discuss with people from a range of organisations whose focus is on mobilising all the faith communities on climate change.
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Acknowledgements:
We are grateful to the Franciscan Sisters of Mary (US), the Sisters of the Holy Cross, the Society of the Sacred Heart, and the Jesuit Fund for Social Justice for the grant funding we received from them during 2020. We also continue to be very fortunate in having regular donor supporters who give to the unrestricted funds that are needed to cover the ongoing running costs of Operation Noah.
-
Staff : A founder member of the Operation Noah board, Ruth Jarman has worked efficiently during 2020 as Operation Noah’s Administrator to ensure that our administration runs smoothly and that requests for resources are responded to promptly and dealing with all incoming enquiries. In February 2020 Caroline Harmon was appointed as Operation Noah’s Communications Officer and she has done great work on social media and with the website and the newsletter. We were very pleased that Bokani Tshidzu was able to take over the role of Bright Now Campaign Officer and she and James Buchanan have worked very hard on the campaign throughout the year and under the difficult circumstances necessitated by the pandemic.
-
Trustees : Board members continued to work extremely hard throughout 2020: Jean Leston stepped down from the board this year but enabled new board member Cameron Conant to take over as the representative of Operation Noah on the steering committee for the Climate Sunday project. Louisa Poole , Nick Jones and John Beardmore also all stepped down from the board during the last year. Dr Martin Poulsom continued to be responsible for oversight of the Bright Now campaign. Holly Petersen is taking time out from the board as a result of work pressures. Treasurer, David Miller , worked tirelessly throughout the year and reports to each board meeting as well as producing an annual budget and our submission to the UK Charity Commission. He also steered the process of putting in place a new governing document for the Charity, which has been lodged with both the Charity Commission and Companies House. In July Dr Darrell Hannah , who acted as Vice-Chair throughout 2020, took over as Chair of Trustees, with Nicky Bull remaining on the board as Acting Vice-Chair, after five and a half years as Chair.
-
We were delighted to appoint a number of new board members during 2020: Revd Richard Dimery , Kevin Shang , Claire Ives , Cameron Conant and Rachie Ross . And in January of 2021 Stephanie Lake , Hannah Malcolm and Shilpita Mathews were also added to the board. We now have a strong team of all ages and with a good spread of expertise and experience.
Impact Benefit Statement
During the year, Operation Noah has continued to reach out to Christians on the issue of climate change and to make progress in its campaign on fossil fuel divestment. It:
-
promoted its resources, including Church Investments in major oil companies: Paris compliant or Paris defiant? ; Divest your Church (a guide for local churches) ; and Tenants of the King ;
-
promoted its work and publications at a number of events, including the Faith for the Climate Network meetings, as well as through developing and updating our website, regular newsletters and social media posts;
-
sought to widen its impact by continuing to collaborate with other organisations and by membership of the Environmental Issues Network and the Faith for the Climate Network; and
-
worked with key stakeholders and attended meetings with church investors to scrutinise engagement with fossil fuel companies.
Financial Controls
The Charity’s financial controls were reviewed in the autumn and a few minor items requiring attention were noted at the November board meeting.
Recruitment and induction of trustees
Trustees are selected on the basis of their expertise, skills and knowledge and upon the benefits that these can bring to the Charity. New trustees are briefed on the activities of the Charity by other trustees and by the staff;
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their attention is drawn in particular to their legal obligations under Charity Law and the Charity Commission guidance on public benefit.
To support the implementation of the new Articles of Association, the Directors have created a new, more formal process for the recruitment of trustees.
Risk management
The development of a risk register continues to be a work in progress.
However, as noted elsewhere in this report, during 2020 the Charity has taken significant steps to reduce risks connected with weak governance by adopting new Articles of Association and a Conflicts of Interest Policy, and formalising the process for trustee appointment. A skills audit of existing trustees has also been conducted.
Management of financial risks has continued to be undertaken by regular reporting of income, expenditure and fund balances. A budget for unrestricted income has been agreed for 2021, and future reporting of income and expenditure will show variances against budget where these may arise.
The Charity has taken advantage of the small companies’ exemption in preparing the report above.
This Annual Report, and the associated Annual Accounts, were both approved at the meeting of the Trustees held on 12[th] May 2021; the Directors / Trustees in office at that date were:
Mrs Nicola Bull Revd Dr Darrell Hannah Mr David Miller Revd Dr Martin Poulsom Ms Holly Petersen Revd Richard Dimery Mr Kevin Shang Mrs Claire Ives Mr Cameron Conant Ms Rachie Ross Ms Stephanie Lake Ms Hannah Malcolm Ms Shilpita Matthews
This report was signed on behalf of the Directors / Trustees by:
[Signed on original]
Revd Dr Darrell Hannah 12[th] May 2021
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OPERATION NOAH
Charitable Company Registration number 06458814 Registered Charity in England & Wales number 1138101
ACCOUNTS FOR FINANCIAL YEAR 1st JANUARY 2020 to 31st DECEMBER 2020
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Independent examiner's report on the accounts
Report to the trustees / members of Operation Noah
on the accounts for the year ended 31st December, 2020, set out on pages 3 to 11
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act; * follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and * state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: * the accounting records have not been kept in accordance with section 386 of the Companies Act 2006; or * the accounts did not accord with the accounting records; or * where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies * any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. Signed: [signed on original] Date: 26 May 2021 Name: Malcolm W. Rogers Relevant professional qualification(s) or body (if any): FBCS, FIC, Ceng, ACIE Address: 24a Friars Walk Tring Hertfordshire HP23 4AY
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Charity No 1138101
Company No 06458814 Annual accounts for the period 01.01.20 To Period end date 31.12.20
Charity Name Operation Noah
Period start date
Section A Statement of financial activities
| Guidan ce Note S01 S02 S03 S04 S05 S06 S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 S12 S13 Tax payable S14 S15 Net gains/(losses) on investments S16 S17 Extraordinary items S18 S19 S20 Other gains/(losses) S21 S22 Reconciliation of funds: S23 S24 Total funds carried forward Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Net movement in funds Total funds brought forward Charitable activities Separate material expense item Other Total Net income/(expenditure) before tax for the reporting Net income/(expenditure) after tax before investment Other trading activities Investments Separate material item of income Other Total Raising funds Recommended categories by activity Income (Note 3) Income and endowments from: Donations and legacies Charitable activities |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 16,977 63,021 2,352 0 261 0 |
Total funds Prior year funds £ £ F04 F05 |
|---|---|---|
| 79,997 89,553 2,352 2,609 261 211 |
||
| 19,589 63,021 |
82,610 92,373 |
|
| 294 1,807 6,470 82,505 0 11,235 6,385 |
||
| 2,102 2,971 88,975 41,760 0 0 17,619 15,335 |
||
| 17,999 90,697 |
108,696 60,065 |
|
| 1,590 -27,676 |
-26,086 32,308 |
|
| 1,590 -27,676 |
-26,086 32,308 |
|
| 1,590 -27,676 |
-26,086 32,308 |
|
| 0 0 |
||
| 0 0 |
||
| 1,590 -27,676 |
-26,086 32,308 |
|
| 22,241 60,168 |
82,410 50,102 |
|
| 23,832 32,492 |
56,324 82,410 |
Section B Balance sheet
| Guidan ce Note Fixed assets B01 B02 B03 B04 Total fixed assets B05 Current assets B06 B07 B08 B09 Total current assets B10 B11 Total current liabilities Net current assets/(liabilities) B12 B13 B14 Provisions for liabilities B15 Total net assets or liabilities B16 Funds of the Charity B17 Restricted income funds (Note 27) B18 Unrestricted funds B19 Revaluation reserve B20 Fair value reserve B21 Total funds B22 Total assets less current liabilities Creditors: amounts falling due after one year Endowment funds (Note 27) Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Creditors: amounts falling due within one year Intangible assets (Note 15) Tangible assets (Note 14) Heritage assets (Note 16) Investments (Note 17) |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Total this year Total last year £ £ F04 F05 |
|---|---|---|---|
| 1,343 0 23,255 36,163 |
1,343 1,671 59,418 82,103 |
||
| 24,598 36,163 |
60,761 83,774 |
||
| 4,437 1,365 |
|||
| 767 3,671 |
|||
| 767 3,671 |
4,437 1,365 |
||
| 23,832 32,492 |
56,324 82,410 |
||
| 23,832 32,492 |
56,324 82,410 |
||
| 23,832 32,492 0 |
56,324 82,410 |
||
| 0 23,832 |
0 0 |
||
| 0 60,168 23,832 22,241 |
|||
| 23,832 0 |
0 | 23,832 82,410 |
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The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the
| Signed by one or two trustees/directors o Signature of director authenticating accou |
n behalf of all the trustees/directors nts being sent to Companies House Date of approval dd/mm/yyyy 24th May 2021 24th May 2021 Print Name Revd Dr Darrell Hannah David Miller [signed on original] [signed on original] [signed on original] Signature Date dd/mm/yyyy 24th May 2021 |
|---|---|
Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. • and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
- -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
| If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate: |
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate: |
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate: |
|---|---|---|
| Yes No Yes No Yes No 1.5 Material prior year errors No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). -Tick as appropriate No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). -Tick as appropriate -Tick as appropriate 1.4 Changes to accounting estimates Disclosure of any uncertainties that make the going concern assumption doubtful; See Note 26 Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. 1.3 Change of accounting policy* The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. An explanation as to those factors that support the conclusion that the charity is a going concern; |
||
| |
* -Tick as appropriate | |
| reporting period (3.46 FRS102 SORP). | ||
| |
* -Tick as appropriate | |
| identified in the reporting period (3.47 FRS102 SORP). | ||
| |
* -Tick as appropriate |
Section C Notes to the accounts (cont)
Note 2 Accounting policies
Accounting Policies have not changed since last year, and are shown in detail in the Accounts for 2018
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Section C Notes to the accounts (cont)
Note 3 Analysis of Income
----- Start of picture text -----
ANALYSIS FOR CURRENT FINANCIAL YEAR
Un-restricted Restricted Endowment
Analysis of funds income funds funds Total funds
income £
Donations and legacies: Donations and gifts received directly 10,334 276 10,610
Gift Aid 1,343 1,343
Net Donations recived via CAF/Stewardship 5,278 5,278
Legacies
General grants provided by government/other 62,745 62,745
Membership subscriptions and sponsorships
Donated goods, facilities and services
Other 21 21
Total 16,977 63,021 79,997
Charitable activities: Primary Purpose Trading 2,352 2,352
Total 2,352 2,352
Income from investments: Interest income 261 261
Total 261 0 261
TOTAL INCOME CURRENT YEAR 19,589 63,021 82,610
Note 3 Income
ANALYSIS FOR PREVIOUS FINANCIAL YEAR
Un-restricted Restricted Endowment
Analysis of funds income funds funds Total funds
income £
Donations and legacies: Donations and gifts received directly 10,582 500 11,082
Gift Aid 1,672 0 1,672
Net Donations recived via CAF/Stewardship 6,714 6,714
Legacies 0
General grants provided by government/other 70,000 70,000
Other 86 86
Total 19,053 70,500 89,553
Charitable activities: Primary Purpose Trading 2,609 2,609
Total 2,609 2,609
Income from investments: Interest income 211 0 211
Total 211 211
TOTAL INCOME CURRENT YEAR 21,873 70,500 0 92,373
Other information:
Bright Now (Society of the Sacred Heart) Grant 20,000
Bright Now (Society of the Holy Child Jesus) Grant 15,000
Bright Now (Passionists) Grant 20,000
All income in the prior year was unrestricted except for: Bright Now (Columbans) Grant 2,000
(please provide description and amounts) Bright Now (Edith M Ellis) Grant 1,000
Bright Now (Gibbs Trust) Grant 2,000
Bright Now (Religious of the Assumption) Grant 500
Turning up the Heat (Joseph Rowntree Charitable Trust) Grant 5,000
Where any endowment fund is converted into income in the
Not applicable
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior Not applicable
year amounts)
Where sums originally denominated in foreign currency
have been included in income, explain the basis on which
Not applicable
those sums have been translated into sterling (or the
currency in which the accounts are drawn up).
A proportion of the donations received by Operation Noah is received from fundraising platforms such as CAF and Stewardship, which manage
all Gift Aid claims on these gifts and pass on the donations received, plus Gift Aid received, less an Admin Fee. Donors using these platforms to
manage their giving to multiple charities can choose to retain the gift aid claimed in their account, for distribution as they choose. They can also
opt to pay the Admin Fees. Operation Noah's accounts record the amount actually recieved by Operation Noah, as the breakdown (gift, gift aid,
and admin fee) is not always evident, for the reasons shown above.
----- End of picture text -----
Section C Notes to the accounts (cont)
Note 4 Analysis of receipts of government grants
Not applicable
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Section C Notes to the accounts (cont)
Note 5 Donated goods, facilities and services
Not applicable
| Section C | Notes to the accounts (cont) | Notes to the accounts (cont) | Notes to the accounts (cont) |
|---|---|---|---|
| Un-restricted funds Restricted income funds Endowment funds Total funds £ £ 215 74 289 0 1,711 1,711 80 22 102 294 1,807 2,102 1,750 53,870 55,620 0 1,476 1,476 4,082 1,404 5,485 24,103 24,103 25 25 638 1,627 2,265 6,470 82,505 0 88,975 0 0 0 0 4,248 4,248 6,987 6,385 13,371 11,235 6,385 0 17,619 17,999 90,697 108,696 Un-restricted funds Restricted income funds Endowment funds Total funds £ 332 0 332 2,446 2,446 144 49 193 476 2,495 2,971 0 28,134 28,134 0 698 698 5,827 4,573 10,400 254 526 780 1,008 741 1,749 7,089 34,671 0 41,760 0 0 0 0 0 0 0 0 0 0 0 691 0 691 5,021 9,623 0 14,644 5,712 9,623 0 15,335 13,277 46,789 0 60,065 TOTAL EXPENDITURE PREVIOUS FINANCIAL YEAR Other Costs Governance costs Other Support costs Total other expenditure Total expenditure charitable activities Separate material item of expense Total Material items Expenditure on charitable activities Salaries & Employment costs Pension Contractor- Communications Events and Campaigns Production of Resources Other expenditure Total expenditure on raising funds Expenditure on raising funds: Incurred seeking donations Incurred seeking grants Advertising, marketing, direct mail and publicity Total other expenditure TOTAL EXPENDITURE CURRENT FINANCIAL YEAR Note 6 Expenditure - Previous Year ANALYSIS FOR PREVIOUS FINANCIAL YEAR Analysis of expenditure Other Costs Governance costs Other Support costs Total expenditure charitable activities Separate material item of expense Total Material items Expenditure on charitable activities Salaries & Employment costs Pension Contractor- Communications Events and Campaigns Production of Resources Total expenditure on raising funds Start up costs incurred in generating new Expenditure on raising funds: Incurred seeking donations Incurred seeking legacies Incurred seeking grants Advertising, marketing, direct mail and publicity Contractor- Campaigns Note 6 Analysis of Expenditure ANALYSIS FOR CURRENT FINANCIAL YEAR Analysis of expenditure |
|||
| Section C Notes to the accounts | (cont) | ||
| Extraordinary item 1 Total extraordinary items Description Note 7 Extraordinary items Please explain the nature of each extraordinary item occurring in the period. |
N/A | This year Last year £ £ 0 0 0 0 |
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Section C Notes to the accounts (cont)
Note 8 Funds received as agent
Not applicable
Section C Notes to the accounts (cont)
Note 9 Support Costs
| Please complete this note if the charity | Please complete this note if the charity | has analysed its | has analysed its | expenses using activity categories and has support costs. | expenses using activity categories and has support costs. | expenses using activity categories and has support costs. |
|---|---|---|---|---|---|---|
| Support cost (examples) | Current year | Previous year | ||||
| Governance costs | ||||||
| Companies House fees | 13 | 26 | ||||
| AGM costs | 0 | 48 | ||||
| Venue hire | 156 | 287 | ||||
| Admin costs (trustee support) | 1,565 | 330 | ||||
| Legal costs | 2,514 | |||||
| Total Governance costs | 4,248 | 691 | ||||
| Other Support Costs | ||||||
| Contractor - Admin | 2,640 | 995 | ||||
| Contractor- Finance | 825 | 788 | ||||
| Rent | 4,939 | 7,680 | ||||
| Insurance | 379 | 378 | ||||
| Marketing costs | 2,007 | 1,025 | ||||
| Training costs | 165 | 0 | ||||
| Office and admin costs | 2,021 | 1,386 | ||||
| Travel and subsistence | 343 | 2,308 | ||||
| Other expenditure | 52 | 85 | ||||
| Other Support costs | 13,371 | 14,644 | ||||
| Total Support costs | 17,619 | 15,335 |
Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.
Operation Noah has opted not to allocate its Governance and Other Support Costs across its primary expense streams, as the total is not material, and the effort would be disproportionate to the benefits of greater understanding that might be achieved. Governance and Other Support Costs are broken down within this note
Section C Notes to the accounts (cont)
Note 10 Details of certain types of expenditure
| Total Specific Costs Independent examiner’s fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the Note 10.1 Fees for examination of the accounts Please provide details of the amount paid for any statutory external scrutiny of accounts and |
This year Last year £ £ 0 0 0 0 |
|---|---|
Section C Notes to the accounts (cont)
Note 11 Paid employees
Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)
11.1 Staff Costs
| 11.1 Staff Costs | |
|---|---|
| Pension costs (defined contribution pension plan) Other employee benefits Total staff costs Salaries and wages Social security costs |
This year Last year £ £ 55,645 28,025 1,686 300 1,476 698 |
| 58,807 29,023 |
NB Social security costs shown above include Employers NI, but exclude Employees NI
| Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party |
NONE |
|---|---|
| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 |
TRUE |
| Please provide the total amount paid to key management personnel | |
| (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28. |
35,292 |
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----- Start of picture text -----
This year Last year
11.2 Average head count in the year Number Number
The parts of the charity in which the employees work Fund-
0.1 0.1
raising
Charitable
1.6 0.9
Activities
Govern-
ance
Other
Total 1.7 1.0
Section C Notes to the accounts (cont)
Note 12 Defined contribution pension scheme or defined benefit scheme
12.1 Please complete this note if a defined contribution pension scheme is operated.
Amount of contributions recognised in the SOFA as
1,476
an expense
Please explain the basis for allocating the liability and
expense of defined contribution pension scheme All Restricted Fund expenditure, because
between activities and between restricted and post is funded by grants
unrestricted funds.
Section C Notes to the accounts (cont)
Note 13 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate
form a material part of the charitable activities undertaken.
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 15 Intangible assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 16 Heritage assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 17 Investment assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 18 Stocks
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
This year Last year
£ £
Trade debtors
Prepayments and accrued income 1,343 1,671
Other debtors
Total 1,343 1,671
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The current year debtors figure relates to the gift aid claimed on 2020 donations
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Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
----- Start of picture text -----
Amounts falling due Amounts falling due after
This year Last year This year Last year
£ £ £ £
Trade creditors 4,437 1,365
Total 4,437 1,365
The current year creditors figure includes PAYE/NI relating to December payroll,
expenses payments and invoices from contractors for work done in December.
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20.2 Deferred income
NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 21 Provisions for liabilities and charges NOT APPLICABLE Section C Notes to the accounts (cont) Note 22 Other disclosures for debtors, creditors and other basic financial instruments
Section C Notes to the accounts (cont) Note 23 Contingent liabilities and contingent assets
Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
| Other Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Total |
This year Last year £ £ 54,198 63,937 5,220 18,166 0 |
|---|---|
| 59,418 82,103 |
Section C Notes to the accounts (cont)
Note 25 Fair value of assets and liabilities 25.1 Please provide details of the charity's exposure to credit risk (the risk The charity's income comprises donations and grants plus a small amount of of incurring a loss due to a debtor not paying what is owed) , liquidity risk revenue from sales of booklets all paid before despatch, so there are no (the risk of not being able to meet short term financial demands) and debtors as such. market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the The charity's assets are held in the form of cash, so there is no liquidity issue charity is exposed at the end of the reporting period and explain how the nor any exposure to investment value fluctuations. charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, NOT APPLICABLE FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.
Section C Notes to the accounts (cont) Note 26 Events after the end of the reporting period
Please complete this note where events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period. Please provide details of None the nature of the event
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Section C Notes to the accounts (cont)
Note 27 Charity funds - CURRENT YEAR
27.1 Details of material funds held and movements during the CURRENT reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds
----- Start of picture text -----
Fund Fund
Purpose balances balances
Type PE, EE R
or UR * and brought Gains and carried
Restrictions forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Core Funds UR 22,241 19,589 -17,999 23,832
Bright Now R 500 276 776
Bright Now (S. McKechnie) R 556 -498 58
Bright Now (Passionists) R 9,441 -9,441 0
Bright Now (Edith M Ellis) R 1,000 -1,000 0
Bright Now (Columbans) R 2,000 -2,000 0
Bright Now
R 0 5,000 -5,000 0
(Society of the Sacred Heart)
Bright Now
R 0 20,000 0 20,000
(Sisters of the Holy Cross)
Bright Now
R 15,000 -15,000 0
(Society of the Holy Child Jesus CIO)
Bright Now (Franciscan Sisters of
29,985 -29,543 442
Mary)
Bright Now (Jesuit Fund for Social
7,760 -1,559 6,201
Justice)
Bright Now (CALPE Trust) R 4,000 -4,000 0
Bright Now (Gibbs Trust) 2,000 -2,000 0
Turning up the Heat R 11,998 -6,982 5,016
Turning up the Heat R 13,673 -13,673 0
(Joseph Rowntree Charitable Trust)
0 0
Other funds (balancing figure) N/a N/a 0 0 0 0
Total Funds as per balance sheet 82,410 82,610 -108,696 0 0 56,324
Yes No
Fund balances carried forward include assets and liabilities denominated in a foreign currency
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Section C Notes to the accounts (cont)
Note 27 Charity funds - PREVIOUS YEAR
27.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
- Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds
| and UR - unrestricted funds | ||
|---|---|---|
| Core Funds UR Bright Now R Bright Now (Sainsbury) R Bright Now (S. McKechnie) R Bright Now (Waterloo Foundation) R Bright Now (Passionists) R Bright Now (Edith M Ellis) R Bright Now (Columbans) R Bright Now (Society of the Sacred Heart) R Bright Now (Sisters of the Holy Cross) R Bright Now (Society of the Holy Child Jesus CIO) R Bright Now (CALPE Trust) R Bright Now (Gibbs Trust) Turning up the Heat R Turning up the Heat (Joseph Rowntree Charitable Trust) R Other funds (balancing figure) N/a N/a Total Funds as per balance sheet Fund names Type PE, EE R or UR Purpose and Restrictions Fund balances carried forward include assets and liabilities denominated i* |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ 13,645 21,873 -13,277 0 22,241 27 500 -27 500 4,636 -4,636 0 876 -320 556 188 -188 0 6,000 20,000 -16,559 9,441 1,000 0 1,000 2,000 0 2,000 5,000 -5,000 0 20,000 -20,000 0 15,000 0 15,000 4,000 0 4,000 2,000 0 2,000 12,057 -59 0 0 11,998 8,673 5,000 0 0 13,673 |
|
| 50,102 92,373 -60,065 0 0 82,410 |
||
| n a foreign currency | Yes No |
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Section C Notes to the accounts (cont)
Note 27 Charity funds (cont)
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 28 Transactions with trustees and related parties - CURRENT YEAR
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
28.1 Trustee remuneration and benefits - CURRENT YEAR
None of the trustees have been paid any remuneration or received any other benefits from an employment with their TRUE charity or a related entity (True or False)
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity Travel Subsistence Accommodation Other (please specify): Mobile phone costs No trustee expenses have been incurred in CURRENT YEAR(True o Type of expenses reimbursed |
TOTAL 87 1 £ 86.50 r False) FALSE Current year |
|---|---|
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.
There have been no related party transactions in the reporting period (True or False) TRUE
Note 28 Transactions with trustees and related parties - PREVIOUS YEAR
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
28.1 Trustee remuneration and benefits - PREVIOUS YEAR
None of the trustees have been paid any remuneration or received any other benefits from an employment with their TRUE charity or a related entity (True or False)
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity Travel Subsistence Accommodation Other (please specify):Mobile phone costs No trustee expenses have been incurred in PREVIOUS YEAR(True o Type of expenses reimbursed |
455 3 355 80 20 TOTAL r False) FALSE Previous year £ |
|---|---|
Section C Notes to the accounts (cont)
Note 29 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.
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