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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:
- Improved health and well-being (child and parent/carer)
- Improved parenting (confidence, positive behaviours)
- Improved family management (finances and home conditions)
- Improved School Readiness (parents engage with their children's early learning; and children are ready to separate, communicate, listen, socialise, learn, be active, and be independent)
## 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:
- Home Visiting Family Support
- Parent Infant Mental Health Service - home visits and groups - for women with mild to moderate mental health difficulties during the perinatal period, 0-2.
- Parenting Courses
- Video Interaction Guidance — video feedback intervention to enhance sensitivity in parents of children who are at risk of poor attachment outcomes due to a range of difficulties.
- * Breastfeeding Peer Support - through groups, home visits and telephone support - to help mums to breastfeed for as long as possible/they want to.
- Groups for children with complex needs - 2 for children with physical disabilities & 2 for children with social communication difficulties.
- Shortbreaks for disabled children
- Empower Us — Outreach support for children with complex needs and their families
- Sleep Support Service
- ¢ Plus Stay & Play groups
- Early Help Co-ordination and VCF Network facilitation
- We also have 2 charity shops
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:
- Supporting our People
- ¢ Sustaining our Impact ¢ Extending our Reach
- ¢ Diversifying our Income
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:
- 607 were supported to breastfeed
- 55% breastfed for more than 6 weeks
- 435 received Family Support.
- * 70% lived in the wards with highest levels of deprivation.
## Feedback from families at end of support:
- 88% of parents reported improvement in health and wellbeing
- * 84% reported an improvement in parenting skills
- 82% reported an improvement in family management (finances and/or home conditions)
- 78% reported improved engagement with their children’s early learning
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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:
- To provide continuity of service should there be an unanticipated shortfall of income
- To cover unanticipated increases in the costs of providing the service
- To cover the costs of providing cover for staff who take sick or maternity leave
- * To cover the costs of downsizing or closure should the trustees be unable to obtain necessary funding
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
- The purposes, aims and values of the charity and its beneficiaries’ needs.
- * How this impacts on overall pay policy for all employees * The types of skills, experiences and competencies that the charity needs from its senior staff, the specific scope of these roles and the link to pay.
- * The charity's current business plan and how the implementation of this plan may affect the number of senior staff the charity needs to employ or recruit and the nature of these roles.
- * The charity's ability to pay - this includes the cost to the charity of raising pay, and whether it is sustainable, and how appropriate the level of pay, and any pay increase, is in the context of the charity, as measured against the needs of its charitable purposes and beneficiaries.
- * Their assessment of the charity's performance and the senior staff's performance against expectations, in the both short and long term.
- Appropriate available information on pay policies and practices in other organisations that can inform the decision on whether a level of pay is fair and reasonable.
- * The charity's track record in attracting and retaining committed and motivated employees. * The likely impact on, and views of, beneficiaries, donors, funders, volunteers and potential volunteers, * The relationship between the policy and practice for the pay of senior staff and that of the charity's whole workforce.
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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Dated: 10 December 2021
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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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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:
- give a true and fair view of the state of the charitable company's affairs as at 31 March 2021 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## 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:
- the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or
- sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit.
## 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
- Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: + the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- we identified the laws and regulations applicable to the charity through discussions with trustees and other management, and from our knowledge and experience of charity sector;
- * we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity, including the Companies Act 2006, Charities Act 2011, data protection, anti-bribery, and employment legislation;
- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management team and inspecting legal correspondence; and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of noncompliance throughout the audit.
We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management team as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
- performed analytical procedures to identify any unusual or unexpected relationships;
- * tested journal entries to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
- investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- * enquiring of management as to actual and potential litigation and claims; and reviewing correspondence with relevant regulators.
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
-15-
## 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.
-16-
## 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
“17+
## KOALA NORTH WEST LTD
## STATEMENT OF CASH FLOWS
## FOR THE YEAR ENDED 31 MARCH 2021
**----- Start of picture text -----**
||||||||||
|---|---|---|---|---|---|---|---|---|
|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|
**----- End of picture text -----**
-18-
## KOALA NORTH WEST LTD
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
- 1 Accounting policies
- 1.1. Accounting convention
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.
- 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
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.
- 1.4 Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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
- 1 Accounting policies
## (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.
- 1.5 Expenditure
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).
- 1.8 Cash and cash equivalents
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.
- 1.9 Financial instruments
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|
22.
## 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
- 7 Other income
- 24 -
## 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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