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2021-03-31-accounts

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Charity Registration No, 1139517

Company Registration No. 07314767 (England and Wales)

KOALA NORTH WEST LTD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

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KOALA NORTH WEST LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Trustees Mr J Jones Mr R W Kearney Dr F E White Mr R P Wilcox Mr PA Folwell Mrs N Barnett {Appointed 23 November 2020) Mrs L J Collins (Resigned 1 October 2021 Mrs L Hough MBE (Resigned 12 September 2021) Secretary Mrs M Walsh Charity number 1139517 Company number 07314767 Registered office Koala Hub Woodchurch Lane Birkenhead Wirral Merseyside CH42 9PH Auditor Helen Furlong FCCA McLintocks (NW) Limited 46 Hamilton Square Birkenhead Wirral Merseyside CH41 5AR

KOALA NORTH WEST LTD

CONTENTS

Page
Trustees’ report 1-9
Statement oftrustees’ responsibilities 10
Independent auditor's report 11-14
Statement offinancial activities 15-16
Balance sheet 17
Statement ofcash flows 18
Notestothefinancialstatements 19-34

KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

Koala NW offers support, friendship and practical help to parents across Wirral, Ellesmere Port and Neston.

We provide a range of services for families with children aged 0-11 years, to support them to meet one or more of the following 4 outcomes:

Our Mission:

We exist to provide children and their families with tailored practical and emotional support that improves wellbeing, reduces isolation and supports both children and caregivers to thrive. Our aims are to (a) support ambition, (b) deliver tailored support, (c) nurture positive wellbeing and (d) reduce social isolation.

We Value:

Ambition - We want our families to thrive; we believe in offering opportunities that help children and families realise their own ambitions and succeed

Tailoring Support - All families are different. Every family receives support designed to be most beneficial to them.

Nurturing Positive Well-being - We are committed to improving the emotional, mental and physical well-being of children and their care-givers

Reducing Isolation - In an increasingly digital age, we want to be sure that our families still feel part of a strong welcoming community who support one another and ensure they are all happy, resilient and thriving.

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KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

We have developed our services over the past 21 years to meet the needs of our community:

The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives, in planning future activities, and setting the policies for the year.

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KOALA NORTH WEST LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance

Charitable activities

Staff, trustees, and our dedicated volunteers work together to ensure that we provide a quality service to families in Wirral and Cheshire West, providing help and support for families to improve wellbeing, reduce isolation and support both children and caregivers to thrive.

In April 2020, after two decades as ‘Home-Start Wirral’, we made the decision to leave the Home-Start UK network to relaunch as Koala North West, with the aim of broadening our services with the introduction of our new Sleep Support Service, and extending our reach by expanding into Ellesmere Port.

Our first year as Koala NW has been heavily shaped by the pandemic. COVID-19 put extra pressure on families - and also on our volunteers, who are at the heart of many of our programmes. The lockdown restrictions have required us to think creatively to make sure we could continue to build relationships, support families and train volunteers when we couldn't meet in person.

Despite the additional challenges, it's been a great year of growth and learning. We've adapted quickly, added eight new staff members to our team, and delivered against every area of our strategy:

It has been a tough and an incredibly busy time, but the insights and experience we've gained will shape and strengthen Koala NW for the next 20 years.

Between April 2020 and March 2021 we supported 1,042 families. Of those supported:

Feedback from families at end of support:

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KOALA NORTH WEST LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Volunteers

Volunteers are at the very heart of our service delivery with 90 volunteering with us over the past 12 months, this is lower than normal due to the pandemic and the restrictions put in place leading to some volunteers choosing to stop volunteering, it also had an impact on volunteer recruitment. Despite the impact of COVID-19, we exceeded our target and retained 85% of our volunteers, renewed our Investing in Volunteers accreditation (NCVO) and achieved Community Action Wirral's Wirral Volunteering Award.

Family Support Volunteers offering tailor-made, emotional and practical support to families in their own homes or in our groups.

Group Volunteers supporting our Group Staff in our groups for children with complex needs, baby groups, and stay and play.

Breastfeeding Peer Support Volunteers providing breastfeeding support, offering information and support around breastfeeding once the baby arrived.

None of which would be possible without our Charity Shop Volunteers who raise much needed funds for our organisation.

Due to the restrictions put in place because of COVID-19 we quickly adapted our volunteer training to be delivered via Zoom. This enabled us to deliver training to our existing volunteers on how to adapt their face to face support for families to virtual support via phone calls, texts and video calls. It also enabled us to still deliver our ongoing training which included Safeguarding Refreshers, Self Harm, Debt Management, Mental Health Awareness, Domestic Abuse Awareness, and Autism Awareness. All volunteers also receive regular support and supervision from their co-ordinator or line manager.

Our thanks go to all our volunteers, Birkenhead School, CEL Solicitors, DWF Law, Fleur Ashley Tea Room and Cake Studio, Glenavon Football Club, Merseyside Police, National Day Nurseries Association and Share a Bear for their valuable support.

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KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Financial review The trustees recognise these are difficult economic times and are not at all complacent about the challenges ahead. We recognise the importance of having a more diverse range of funding streams, and we are pleased to say that for 2020/21 we secured funding from:

Grants/Trusts Awards for All Catalyst Funding Cheshire Community Foundation Cheshire Minds Children in Need Department of Health Department of Health & Social Care Garfield Weston John Lewis John Moores Johnson Foundation Henry Smith LCR Cares Lottery Reaching Communities Neston Town Council Legal & General P H Holt Steve Morgan Foundation True Colours Wirral Community NHS Foundation Trust Wirral Council

Donors Arrowe Park Ladies Golf Brian Holden Caldy Open Gardens DWF Foundation Emma Smith GOL Walking Club Heswall Parish Church Janet Johnson Mereworth Whatsapp Group Mr K McGowan Mr & Mrs Finlow Mr & Mrs P Sutton Mr & Mrs R Kearney Ms S Wade NW Rotary Club Perm Beau P Connell P W Smith Provincial Grand Lodge of Cheshire Rachael Summers Rose Tree Day Nursery North Wirral Rotary Club Smylie Ltd Tesco Bidston Moss The Kearney Life Group

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KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Total income received for unrestricted funds including designated was £501,552 (2020: £362,475) as detailed in the financial statements. This represents an increase of 38.4% compared with the previous year. During the year, Koala NW took advantage of government grants that were available for aiding the charity during the pandemic.

Total income received for Restricted Funds was £750,873 (2020: £269,659) which consisted entirely of donations & grants. This year Koala NW had formed partnerships with other local charities to apply for grants for combined projects. With Koala NW being the lead, Koala NW were solely responsible to the Funder for the use of the grant and delivery of the Project, receiving the total funding directly and distributing it to the charities in partnership, as per the agreement.

Cost of running the charity was £965,614 (2020: £611,823).

Overall, there was a surplus for the year of £286,811, £49,337 of this was restricted funding to added to the brought forward (note 19), leaving £237,474 added to unrestricted reserves brought forward of £184,960, leaves unrestricted reserves to be carried forward of £422,434.

The Charity reserves are detailed in notes 19-21 in the financial statements.

The Charity aims to provide an on-going support service to families it supports. Unrestricted reserves are needed:

Budgeted core expenditure for the Charity for 2021-22 is £827,828. Whilst the unrestricted reserves currently stand at £422,434, £114,008 is represented by the freehold property, £18,356 by fixtures and fittings, £7,110 by computers, £110,830 has been designated leaving £172,130.

Current funds are in line with the reserves policy which has been approved by trustees. The trustees consider that a minimum of three months running costs are needed in reserves to ensure continuity of service should there be a shortfall of funding or a delay in obtaining funding for any particular year; this would be in the region of £200,000.

The trustees and management recognise the need to build up reserves to provide greater security for the Charity and its stakeholders and continue to seek ways in which additional funds can be raised and are keeping the reserves policy and its implementation under regular review. Trustees appreciate the efforts of staff to reduce costs and continue to make economies wherever possible without reducing the quality of our service.

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KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Risk management

The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance to manage those risks. These risks have been documented by the trustees and are reviewed on an annual basis or more frequently should circumstances change.

The trustees recognise that the major risk to providing services is the uncertainty of long term funding from statutory bodies. However, we work hard to deliver high quality services and to maintain our good reputation with the families we support and with colleagues in the statutory and voluntary sectors. The Charity has also proved our willingness to adapt in response to changes in expectations of those commissioning services, whilst remaining true to our core values.

The Charity maintains a comprehensive range of policies and procedures for minimising financial and other risks and the trustees monitor these on a regular basis. Trustees are aware of the potential costs of redundancy if sufficient funding to maintain the current levels of activity is not obtained and are continuing to work to increase the level of the Charity’s reserves.

Other risks both physical and relating to professional indemnity are regularly reviewed and minimised by our policies and the training given to staff and volunteers. We are covered by our insurance policy. All staff and volunteers working with families have current DBS Enhanced Disclosures.

Future plans

We secured our first government grant in January 2021, the Department of Health & Social Care Starting Young VCF Fund, and launched Wirral’s 1001 Days Programme on 1st April 2021. This is in partnership with local charity The Foundation Years Trust, Children Centres, Health Visiting Service and Midwifery, to help build strong foundations for a child's health and wellbeing during pregnancy and the first two years of life.

The past 12 months have been our most challenging so more than anything else we look forward to returning to our face to face support with families as COVID-19 restrictions are lifted.

Structure, governance and management

Koala North West is a company limited by guarantee, as defined by the Companies Act 2006, and a registered charity and is governed by its Memorandum and Articles of Association dated 14 July 2010.

Recruitment and appointment of new trustees

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs J L Clarke Mrs L J Collins Mrs L Hough MBE Mr J Jones Mr R W Kearney Dr F E White Mr R P Wilcox Mr PA Folwell Mrs N Barnett

(Resigned 1 April 2020) (Resigned 1 October 2021) (Resigned 12 September 2021)

(Appointed 23 November 2020)

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KOALA NORTH WEST LTD TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

We recognise that an effective Board of Trustees is imperative to ensure that the charity is to successfully achieve its objectives. The Board must seek trustees who represent the interests of the community in Wirral and have available the knowledge and skills required to run the charity. Individual trustees must have sufficient knowledge of the role of a charity trustee and of our organisational objectives and activities to enable them to fulfil their role.

We aim to maintain a Board of Trustees delivering high standards of practice, through a carefully planned recruitment and selection procedure, in line with the Equality, Fairness and Diversity Policy. The recruitment and selection procedure has been developed to include safeguards for the welfare of children.

We aim to represent the community we serve, and therefore we aim to ensure trustees are recruited from as diverse backgrounds as possible. A diverse group of volunteers can broaden the range of opinions and ideas. They bring knowledge of the cultures and circumstances of the population groups they come from, so that our organisation will have a better understanding of those groups, and be better able to relate to them. Furthermore, they enrich the organisation with their perspectives and the variety of their experiences and backgrounds. A diverse group of volunteers also makes possible heightened cultural sensitivity within the organisation, and allows for the kinds of interchanges that make it possible for people with very different backgrounds to understand, respect, and cherish one another's differences as well as their similarities.

We shall have at least five and not more than twelve individuals on the Board of Trustees. In addition advisers may also be appointed to the Board for the benefit of specialist expertise such as Safeguarding, but shall have no voting rights.

The term of office shall be three years before trustees must retire at an AGM. Retiring trustees may offer themselves for re-election at an AGM. When a need is identified to co-opt a trustee onto the Board during the year, that Trustee must retire and be offered for election by the members at the next AGM.

There is a Board of Trustees induction pack in place which sets out the procedure to be followed when inducting new trustees.

Organisational structure

Membership of the Charity is open to any individual or organisation interested in promoting the objects of who consents in writing to become a member and is approved by the Management Committee. The trustees delegate the responsibility of approving new members to the Chair and CEO with any issues being brought to the board.

The trustees, when complete, consist of at least five and not more than twelve individuals. The trustees may at any time co-opt a person duly qualified to be appointed as trustee to fill a vacancy in their number or as an additional trustee, but a co-opted trustee holds office only until the next AGM. One third (or the number nearest one third) of trustees must retire at each AGM, those longest in office retiring first and the choice between any of equal service being made by drawing lots. A trustee retiring at AGM is eligible for re-election but if not re-elected must retire upon conclusion of the meeting. The trustees will elect their own officers.

The Charity is managed by the Management Committee which consists of the trustees and meets at least four times a year. The trustees set the policies to be followed and review the performance of the staff; they also set the terms and remuneration of staff. The Chief Executive Officer (CEO) is responsible for the operational and day-to-day running of the organisation with the staff support.

The Management Committee is supported by an Internal Audit and Risk Committee that meets as required in a risk basis; this comprises a maximum of three trustees and the CEO. Other specialist sub-committees of Trustees and senior staff are set up and meet as required.

The Charity will obtain advice from the Charity Commission periodically on matters of current importance.

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KOALA NORTH WEST LTD

TRUSTEES’ REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Key management remuneration

When determining the salaries for Key Personnel, trustees are mindful of their responsibility to act in the best interests of the charity and the charitable objectives.

Our overall goal for Key Personnel is to offer fair pay to attract and keep appropriately qualified staff to lead, manage and deliver the charity's aims. These arrangements currently cover the Chief Executive Officer and the Operations Manager posts.

In determining the remuneration package for each post the trustees take the following matters into consideration

Key Personnel cannot be paid more than the top of their agreed pay range without full Board approval.

Auditor

Helen Furlong FCCA

McLintocks (NW) Limited were appointed as auditor to the company and a resolution proposing that they be re-appointed will be put at a General Meeting.

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The trustees’ report was approved by the Board of Trustees.
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KOALA NORTH WEST LTD

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2021

The trustees, who are also the directors of Koala North West Ltd for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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KOALA NORTH WEST LTD INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF KOALA NORTH WEST LTD

Opinion

We have audited the financial statements of Koala North West Ltd (the ‘charity’) for the year ended 31 March 2021 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of lreland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. if, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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KOALA NORTH WEST LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KOALA NORTH WEST LTD

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion, Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a materia! misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

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KOALA NORTH WEST LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KOALA NORTH WEST LTD

Extent to which the audit was considered capable of detecting irregularities, including fraud

We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.fre.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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KOALA NORTH WEST LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KOALA NORTH WEST LTD

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Helen Furlong FCCA (Senior Statutory Auditor) for and on behalf of Helen Furlong FCCA McLintocks (NW) Limited

Chartered Accountants Statutory Auditor

LOW,2h 46 Hamilton Square Birkenhead Wirral Merseyside CH41 5AR

Helen Furlong FCCA McLintocks (NW) Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006.

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KOALA NORTH WEST LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Current financial year

Current financial year
Unrestricted Unrestricted Restricted Total Total
funds funds funds
general designated
2021 2021 2021 2021 2020
Notes £ £ £ £ £
Income and endowments from:
Donations and legacies 3 137,067 99,539 750,873 987,479 311,721
Charitable activities 4 206,828 - - 206,828 211,442
Othertrading activities 5 39,553 - - 39,553 108,951
Investmenis 6 6 - - 6 20
Other income 7 - 18,559 - 18,559 -
Total income 383,454 118,098 750,873 1,252,425 632,134
Expenditure on:
Raising funds 8 100,164 - - 100,164 118,414
Charitable activities 9 149,985 37,041 678,415 865,441 493,089
Other 14 9 - - 9 320
Total resources expended 250,158 37,041 678,415 965,614 611,823
Net incoming resources before
transfers 133,296 81,057 72,458 286,811 20,311
Gross transfers between funds 3,122 19,999 (23,121) - -
Net income forthe year/
Net movement in funds 136,418 101,056 49,337 286,811 20,311
Fund balances at 1 April 2020 61,178 123,782 89,828 274,788 254,477
Fundbalancesat31March2021 197,596 224,838 139,165 561,599 274,788

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

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The surplus includes restricted funds from Note 19

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KOALA NORTH WEST LTD

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Prior financial year

Prior financialfinancial year
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2020 2020 2020 2020
Notes £ £ £ £
Income and endowments from:
Donations and legacies 3 40,062 2,000 269,659 311,721
Charitable activities 4 211,442 - - 211,442
Othertrading activities 5 108,951 - - 108,951
Investments 6 20 - - 20
Total income 360,475 2,000 269,659 632,134
Expenditure
on:
Raising funds		 8 118,414 - - 118,414
Charitable activities 9 228,470 2,000 262,619 493,089
Other 14 320 - - 320
Total resources expended 347,204 2,000 262,619 611,823
Net incoming resources before transfers 13,271 - 7,040 20,311
Gross transfers between funds (6,584) 5,774 810 -
Net income forthe year/
Net movement in funds 6,687 5,774 7,850 20,311
Fund balances at 1 April 2019 54,491 118,008 81,978 254,477
Fundbalancesat31March2020 61,178 123,782 89,828 274,788

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

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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KOALA NORTH WEST LTD

BALANCE SHEET AS AT 31 MARCH 2021

2021 2020
Notes £ £ £ £
Fixed assets
Tangible assets 45 139,474 138,280
Current assets
Debtors 16 15,671 16,173
Cash at bank and in hand 418,734 163,225
434,405 179,398
Creditors: amounts falling due within
oneyear 17 (12,280) (42,890)
Net current assets 422,125 136,508
Total assets less current liabilities 561,599 274,788
Income funds
Restricted funds 19 139,165 89,828
Unrestricted funds - designated 20 224,838 123,782
Unrestricted funds - general 197,596 61,178
561,599 274,788

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021, although an audit has been carried out under section 144 of the Charities Act 2011.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

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

The financial statements were approved by the Trustees on tele) al,

Mr R W Kearney Trustee

Company Registration No. 07314767

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KOALA NORTH WEST LTD

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2021

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|||||||||| |---|---|---|---|---|---|---|---|---| |2021|2020| |Notes|£|£|£|£| |Cash|flows|from|operating|activities| |Cash|generated|from|operations|23|263,090|20,861| |Investing|activities| |Purchase|of tangible|fixed|assets|(7,587)|(6,331)| |Investment|income|received|6|20| |Net|cash|used|in|investing|activities|(7,581)|(6,311)| |Net|cash|used|in|financing|activities|-|-| |Net|increase|in|cash|and|cash|equivalents|255,509|14,550| |Cash|and|cash|equivalents|at|beginning|of year|163,225|148,675| |Cash|and|cash|equivalents|at end|of year|418,734|163,225|

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KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. We have also taken into account the impact of Covid-19 on the charity.

Designated funds are funds set aside by the trustees out of unrestricted general funds for specific future purpose or projects.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. When restricted funds are used to purchase capital equipment, the value of those assets will then be transferred from restricted to designated funds unless there are restrictions imposed by the donor.

Where necessary further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Donations and all other receipts from fundraising are reported gross and the related fundraising costs are reported in expenditure.

Gifts donated for resale are included as income when they are sold. Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be reliably measured. In accordance with the Charity SORP (FRS102), the value of volunteers’ time is not measured.

219s

KOALA NORTH WEST LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

(Continued)

Legacies are recognised on a case by case basis following the granting of probate when the administrator/ executor has communicated in writing both the amount and the settlement date. In the event the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measured with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally on notification of the interest paid or payable by the bank.

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold Jand and buildings 2% on cost Fixtures and fittings 10% on cost Computers 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The charity has cash at bank, debtors and creditors that are financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2,908

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

The charitable company operates a stakeholder pension scheme and in addition makes contributions to certain employees' personal pension plans. All contributions payable are charged to the Statement of Financial Activities in the period to which they relate.

2 ~~‘ Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ fram these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

o0F4 =

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

3 Donations and legacies

Unrestricted Unrestricted Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2021 2021 2021 2021
£ £ £ £
Donations and gifts 16,932 18,696 5,944 41,572
Grants 120,135 80,843 744,929 945,907
137,067 99,539 750,873 987,479
Unrestricted Unrestricted Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2021 2021 2021 2021
Grants receivable for core activities £ £ £ £
Awards forAll - - 8,380 8,380
Big Lottery Reaching Communities Partnership
Grant - - 287,950 287,950
Children in Need - - 42,791 42,791
Cheshire Community Foundation - 3,000 - 3,000
Dept of Health Education - 20,735 62,205 82,940
Dept of Health & Social, Care, Starting Well - - 152,000 152,000
Ellesmere Port & Neston - - 34,749 34,749
Family Fund 16,300 - ~ 16,300
Garfield Weston - 20,000 - 20,000
Government grants 103,835 ~ - 103,835
Jonn Moores - - 1,520 1,520
Johnson Foundation - 3,000 - 3,000
Tesco - - 10,500 10,500
The Henry Smith Charity - - 52,300 52,300
The Steve Morgan Foundation - 34,108 52,068 86,176
True Colours ~ - 3,800 3,800
Wirral Council Grants - - 36,666 36,666
120,135 80,843 744,929 945,907

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

3 Donations and legacies

(Continued)

Donations and Legacies - Comparatives
UnrestrictedUnrestricted Unrestricted Restricted Total
funds funds funds
general designated
2020 2020 2020 2020
general designated
Donations and gifts 17,222 2,000 10,000 29,222
Legacies receivable - - - -
Grants 22,840 - 259,659 282,499
40,062 2,000 269,659 311,721
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2020 2020 2020 2020
general designated
Grants receivable for core activities £ £ £ £
Children in Need - - 48,510 48,510
The Henry Smith Charity - - 52,600 52,600
HSUK Red Cross ~ - 2,000 2,000
Big Lottery Reaching Communities Partnership
Grant - - 80,836 80,836
Department of Health - - 20,328 20,328
Tesco - - 12,500 12,500
BailyThomas - - 10,000 10,000
Wirral Council Together Fund - - 1,150 1,150
Ellesmere Port & Neston - - 15,000 15,000
Big Lottery Reaching Communities - - 16,735 16,735
Reach Fund 15,000 - - 15,000
The Steve Morgan Foundation 7,840 - - 7,840
22,840 - 259,659 282,499

-23-

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

4 Charitable activities

Family Services Family Services Family Services Family Services
2021 2020
£ £
Wirral Council Contract 100,000 100,000
Wirral Community Health and Care NHS
Foundation Trust 77,600 77,600
Group Subscriptions 1,047 5,661
Crossroads Together 28,181 28,181
206,828 211,442

5 Other trading activities

Unrestricted Unrestricted
funds funds
general general
2021 2020
£ £
Fundraising events 2,761 5,042
Shop income 36,792 103,909
Othertrading activities 39,553 108,951
Investments
Unrestricted Total
funds
general
2021 2020
£ £
Interest receivable 6 20
Other income
Unrestricted Total
funds
designated
2021 2020
£ £
Otherincome 18,559 -

6 Investments

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

8 Raising funds
Unrestricted Total
funds
general
2021 2020
£ £
Trading costs
Operating charity shops 38,224 34,820
Staff costs 52,795 70,804
Support costs 9,145 12,790
Trading costs 100,164 118,414
100,164 118,414

-25-

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

9 Charitable activities

Family Family
Services Services
2021 2020
£ £
Staff costs 396,173 312,930
Depreciation and impairment 6,384 4,915
Payroll costs 2,163 766
Travel expenses 7,817 14,944
Volunteer and committee costs 9,085 7,771
Advertising and promotion 2,513 757
Stafftraining 5,396 5,010
DBS checks 539 824
Telephone and internet 18,202 7,044
Printing and stationery 9,197 6,699
Building maintenance 35,405 16,232
Office costs and consumables 9,176 19,552
insurance 6,487 2,206
Subscriptions and publication 8,824 4,021
Miscellaneous 2,285 2,387
519,646 406,058
Grantfunding of activities (see note 10) 252,988 -
Share ofsupport costs (see note 11) 63,729 70,631
Share ofgovernance costs (see note 11) 29,078 16,400
865,441 493,089
Analysis by fund
Unrestricted funds - general 149,985 228,470
Unrestricted funds - designated 37,041 2,000
Restricted funds 678,415 262,619
865,441 493,089

-26-

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

10 Grants payable

Family 2020
Services
2021
£ £
Grants to institutions (5 grants):
Home-Start Knowsley 56,663 -
Home-Start St Helens 56,663 -
Home-Start Southport 56,662 -
Home-Start Central Cheshire 5,000 -
The Foundation Years Trust 78,000 -
252,988 -
Support costs
Support Governance 2021 Support Governance 2020
costs costs costs costs
£ £ £ £ £ £
Staffcosts 70,491 - 70,491 65,149 - 65,149
HSUKfees - - - 7,787 - 7,787
Rebranding costs 1,383 - 1,383 10,485 - 10,485
Auditfees - 4,500 4,500 - - -
Accountancy - - - - 1,500 1,500
Legal and professional - 25,578 25,578 - 44,900 14,900
71,874 30,078 101,952 83,421 16,400 99,821
Analysed between
Trading 8,145 1,000 9,145 12,790 - 12,790
Charitable activities 63,729 29,078 92,807 70,631 16,400 87,031
71,874 30,078 101,952 83,421 16,400 99,821

11 Support costs

12 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

No trustee has claimed for travel expenses (2020: £Nil )

“OTs

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

13 Employees

The average monthly number of employees during the year was:

2021 2020
Number Number
FamilySupport 15 10
Breastfeeding Support 2 2
Group Support 5 5
Charityshop 6 10
ManagementandAdmin Support 6 6
Total 34 33
Employmentcosts 2021 2020
£ £
Wages and salaries 467,779 402,219
Social security costs 30,985 27,154
Other pension costs 20,695 19,510
519,459 448,883

The management personnel of the charity comprise the trustees, the Chief Executive Officer and the Operations Manager. The total employee benefits (included in the staff costs above) of the key management personnel of the charity were £75,619 (2020 £71,443).

There were no employees whose annual remuneration was £60,000 or more. 14 Other

Unrestricted Unrestricted
funds funds
general general
2021 2020
Net loss on disposal of tangible fixed assets 9 320
9 320

«29%

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

15 Tangible fixed assets
Freehold land Fixturesand Computers Total
and buildings fittings
£ £ £ £
Cost
At 1 April 2020 129,008 34,513 28,106 191,627
Additions - 1,288 6,299 7,587
Disposals - (4,387) (14,010) (18,397)
At 31 March 2021 129,008 31,414 20,395 180,817
Depreciation and impairment
At 1 April 2020 13,000 14,536 25,811 53,347
Depreciation charged in the year 2,000 2,907 1,477 6,384
Eliminated in respect ofdisposals . (4,385) (14,003) (18,388)
At 31 March 2021 15,000 13,058 13,285 41,343
Carrying amount
At 371 March 2021 114,008 18,356 7,110 139,474
At 31 March 2020 116,008 19,977 2,295 138,280
16 Debtors
2021 2020
Amounts falling due within one year: £ £
Trade debtors 11,165 11,473
Other debtors 1,064 4,543
Prepayments and accrued income 3,442 3,157
15,671 16,173
17 Creditors: amounts falling due within one year
2021 2020
Notes £ £
Deferred income 18 - 26,150
Trade creditors 1,527 7,795
Other creditors 6,853 3,150
Accruals and deferred income 3,900 5,795
12,280 42,890

-29-

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

18 Deferred income

2021 2020
£ £
Arising from Henry Smith - 26,150

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

19 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds
Children in Need 27,763 42,791 (33,796) (3,039) 33,719
Ellesmere Port & Neston 15,181 34,749 (11,082) (689) 38,159
Big Lottery Reaching
Communities Partnership
Grant 19,895 287,950 (274,483) (3,924) 29,438
Department ofHealth Education 3,504 62,205 (65,709) - -
Tesco Centenary Grant 12,500 10,500 (20,500) (2,500) -
Wirral Council Grants 985 36,666 (13,717) (958) 22,976
Maintenance Budget 10,000 - - (10,000) -
The Henry Smith Charity - 52,300 52,300 - -
True Colours - 3,800 (2,943) - 857
Department ofH&SC, Starting Well - 152,000 (149,989) (2,011) -
Awards forAll - 8,380 - - 8,380
Catalyst Fund - 4,294 - - 4,294
John Moores - 1,520 (1,520) - -
The Steve Morgan Foundation 52,068 (52,068) - =
Restricted Donations - 1,650 (308) - (1,342)
89,828 750,873 (678,415) (23,121) 139,165

The restricted funds are explained as follows:

Awards for all - Grants received to deliver ‘Sleep Better’ parenting courses.

Catalyst Fund - Funding received to help reach digitally excluded families,

Children in Need - funding for Little Bees Groups, social communications groups.

Ellesmere Port & Neston - Funding to support families in Ellesmere Port and Neston.

Restricted Donations - Restricted donations received for a summer trip and garden activities

True Colours - Funding received to purchase mobile phones and portable sensory equipment packs for volunteers to use with disabled children and their families.

Wirral Council Grants - Funding to deliver Family Coaching and Kind Words and Play.

-31-

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

19 Restricted funds

(Continued)

Comparatives
Movement in funds
Balance at Incoming Resources Transfers Balance at30
1 April 2019 resources expended March 2020
£ £ £ £ £
Lloyds Bank Foundation 13,752 - (13,752) - -
Children in Need 19,868 48,511 (40,616) - 27,763
Ellesmere Port& Neston 3,712 15,000 (3,531) - 15,181
Masonic Charitable
Foundation 5,730 - (5,730) ~ -
Impact Management 2,700 - (2,700) - -
HSUK Red Cross 2,388 2,000 (4,388) . -
Big Lottery Reaching
Communities Partnership
Grant 11,925 97,570 (91,040) 1,440 19,896
Abbeyfield Society 10,000 - (10,000) - -
Tampon Tax 9,903 - (9,903) - -
Eleanor Rathbone 2,000 - (2,000) - -
Department of Health - 20,328 (16,193) (631) 3,504
Tesco Centenary Grant - 12,500 - - 12,500
BailyThomas - 10,000 (10,000) - -
Wirral Council Together
Fund - 1,150 (165) - 985
Maintenance Budget - 10,000 - - 10,000
Henry Smith - 52,600 (52,600) - -
81,978 269,659 (262,618) 809 89,828

The restricted funds are explained as follows:

Children in Need - funding for Little Bees Group, a social communications group.

Children in Need - funding towards positive and creative play experiences

Department of Health - Funding to offer additional support to families through VIG and Incredible Years. diagnosis.

Ellesmere Port & Neston - Funding to support families in Ellesmere Port and Neston

group.

Maintenance Budget - Donation towards a new central heating system.

Tesco Centenary Grant - Funding received to recruit, train and support local volunteers to provide home visiting support

The Big Lottery Reaching Communities Partnership Grant- funding from Reaching Communities towards the Perinatal Mental Health project.

The Big Lottery Reaching Communities - funding towards Out & About project.

Wirral Council Together Fund- Funding to provide resources to run 2 Forest Schools.

GD

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

20 Unrestricted funds - designated

These are unrestricted funds which are material to the charity's activities made up as follows:

Movement in funds Movement in funds Movement in funds
Balance at
1 April 2020		 Incoming
resources		 Resources
expended		 Transfers Balance at
31 March 2021
£ = £ £ £
Premises 116,008 - (2,000) - 114,008
Contingency budget 7,774 103,098 (10,560) - 100,312
Maintenance - 15,000 (24,481) 19,999 10,518
123,782 118,098 (37,041) 19,999 224,838
Movement in funds
Balance at 1 Incoming Resources Transfers Balance at31
April 2019 resources expended March 2020
£ £ £ £ £
Premises 118,008 - (2,000) - 116,008
Contingency budget - 2,000 - 5,774 7,774
118,008 2,000 2,000 5,774 123,782
21. ~+~Analysis of net assets between funds
Unrestricted Designated Restricted Total
2021 2021 2021 2021
£ £ 3 £
Fund balances at 31 March 2021 are
represented by:
Tangible assets 25,466 114,008 - 139,474
Current assets/(liabilities) 172,130 110,830 139,165 422,125
197,596 224,838 139,165 561,599
Unrestricted Designated Restricted Total
2020 2020 2020 2020
£ 3 £ £
Fund balances at 31 March 2020 are
represented by:
Tangible assets 22,272 116,008 - 138,280
Current assets/(liabilities) 38,906 7,774 89,828 136,508
61,178 123,782 89,828 274,788

22 ~+Related party transactions

There were no disclosable related party transactions during the year {2020 - none).

2835

KOALA NORTH WEST LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

23 Cash generatedfrom operations 2021 2020
£ £
Surplus forthe year 286,811 20,311
Adjustments for:
Investment income recognised in statement offinancial activities (6) (20)
Losson disposal oftangible fixed assets 9 320
Depreciation and impairment of tangible fixed assets 6,384 4,916
Movements in working capital:
Decrease/(increase) in debtors 502 (7,865)
(Decrease)/increase in creditors (4,460) 3,349
(Decrease) in deferred income (26,150) (150)
Cash generated from operations 263,090 20,861
24 Analysis ofchanges in netfunds
Thecharityhadnodebtduringtheyear.

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