Combat Surfers
Trading as Surf Action
A charitable company limited by guarantee
Charity No. 1140191
Company No. 07421247
Trustees' Report and Unaudited Accounts
31 October 2020
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
Combat Surfers CONTENTS
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 7 | |
| Independent Examiner's Report | 8 | |
| Statement of Financial Activities | 9 | |
| Balance Sheet | 10 | |
| Notes to the Accounts | 11 to | 19 |
Page 1
Combat Surfers TRUSTEES ANNUAL REPORT
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07421247
Charity No. 1140191
Registered Office
Room 6 Carnon Building Wilson Way Redruth Cornwall TR15 3RS
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Alan Rowe (Appointed 5 March 2021) Alec Savery (Resigned 5 March 2021) Deborah Harrison Douglas Bell
Key Management Personnel
Mark Wesson, Manager
Mel Sanders, DSTO/Coaching and Mentoring, Armed forces families and veterans support officer
Alan Reynolds, Administrator
Accountants
Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall TR15 1LS
Bankers
Barclays Bank 8/9 Jew Street Penzance Cornwall TR18 2TW
Page 2
Combat Surfers TRUSTEES ANNUAL REPORT
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 October 2020.
OBJECTIVES AND ACTIVITIES
The charities objectives are:
- To promote and protect the physical and mental health, wellbeing and welfare of:
i) Those individuals who have been injured or suffered illness whilst serving in the armed forces of the crown, reserve forces and the civilian emergency services, and
ii) Their dependants and carers,
iii) Those civilians which the trustees may from time to time deem to warrant support
By any lawful charitable purposes in particular, but not exclusively, the following:
a) The provision of treatment and support, including introducing them to surfing and other high intensity water sports,
b) Involving them in peer group activities, and
c) Providing them with such facilities, equipment or services (such as the provision of a rehabilitation and recovery centre) as the trustees may from time to time decide.
- To assist serving and former members of the armed forces of the crown to resettle and rehabilitate into civilian life, in particular but not exclusively by the provision of support services, advice, guidance, employment support, tuition and healthcare where appropriate.
The trustees consider the charity's objectives to be consistent with the Charity Commission's guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
During the financial year from November 2019-October 2020, Surf Action were delighted to have worked with many outside organisations. During these times and the onset of the global pandemic with Covid-19 the charity had to remain fluid in not only its organisational activity but also its delivery time scale, to make sure that the beneficiaries of the charity would not lose focus and support.
The charity saw its services and referral increase during this time and it was essential the charity operated a Covid safe delivery process. This service was greatly enhanced by the Armed Forces Covenant Trust awarding the charity a £30K grant to operate with an understanding that the charities finances would suffer as a result of lockdowns and the inability to fundraise. Through Surf Action’s mentor and volunteer stream the charity was able to deliver immediate, effective support and this enhanced the beneficiary’s wellbeing.
The Charity was also fortunate to work in the great outdoors giving people the benefit of receiving support outside with all protocols in place. While our other projects were put on hold due to government guidelines, individual services continued via Zoom or socially distanced human contact outside in the fresh air. This is something the charity is very proud of and it shows fully the extent of the delivery process and a fluid approach to find solutions. Once the government guidelines were lifted the Charity was able to resume other projects.
Page 3
Combat Surfers TRUSTEES ANNUAL REPORT
These were the Community Integration project working with the armed forces community and especially families going through lockdown during Covid. The Positive Pathway project was launched and with funding from the Armed Forces Covenant trust we were able to facilitate beneficiaries needs.
Surf Actions psychological, coach and mentor staff played a huge role in achieving the charities outcomes during this time as the delivery programmes were severely cut and compressed due to the Covid Pandemic.
Surf Action was in the ideal location to deliver the health messages from government and working outside clearly indicated its performance and the level of adaptability and resilience. A huge thank you goes to our volunteers and all involved in delivering our services during 2020.
Together with Covid Pandemic and government restrictions Surf Action were delighted to be able to have delivered eighteen weeks of clinics and support to sixty-five-armed forces community families. The Charity also delivered eighteen weeks of Positive Pathway, Blue Health clinics to Veterans and their immediate support mechanisms. The Blue Health continued into the second lockdown as the government ruling on support changed along with group activity.
FINANCIAL REVIEW
The incoming resources for the year were £78,980 (2019 £26,536) whilst the outgoing resources were £70,967 (2019 £51,695) giving a surplus for the year of £8,013 (2019 deficit of £25,159). Unrestricted free reserves at the end of the year were £143,553 (2019 £131,085).
Reserves Policy:
The trustees review the charity's reserves policy annually, taking into consideration the charity's current requirements and future plans.
The calculation of the required level of reserves is an integral part of the charity's planning, budget and forecast cycle. It takes into account the charity's planned activity level and the risks associated with each stream of income, which is mainly from grant funding bodies, and expenditure being different from that budgeted.
The charity plans to spend the majority of its revenue income each year on the veterans in its care. However, sums also need to be set aside from this each year for planned replacement of capital items such as surf equipment, minibus etc. as well as maintaining the charity's free reserves to cover current cashflow requirements, periods where grant income is insufficient to cover costs and the potential to cover any closure costs should this ever be required.
Page 4
Combat Surfers TRUSTEES ANNUAL REPORT
The trustees have set the current free reserves policy at £72,000 which, with growth in its services, equates to the charities core costs. The trustees are fully aware of the fluid nature of the charity's business and working with the operations lead will adjust accordingly, but never compromising the service the charity delivers.
The charity's free reserves currently exceed the set reserves policy level. However the trustees are conscious of their responsibilities to ensure sufficient reserves are kept as good financial practice and to maintain a secure financial future for the charity. The charity and its trustees are continually looking to secure funding for the charity.
Good financial planning and monitoring by finance staff and trustees ensures that any future financial needs are identified early.
The charity is reliant on grant funding income to support the charitable activities.
Going Concern:
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Risk Management:
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
PLANS FOR FUTURE PERIODS
Future Developments:
We have been keen in attracting the awareness and funding interests from all the Military Charities. Key links are developing with a huge number of fundraisers and these are now also coming to fruition in larger projects being planned for 2021. Having a larger team has made our lives a great deal easier and confident that the hard work is paying off.
Our goal is to continue delivering as many beach clinics as possible, developing the access to more veterans and family members. Continue and strengthen the delivery and support of well-being services to meet the growth in demand from across the country.
Surf Action is in the process of working with University of East Anglia, Ruskin University and the University of Boston (USA) to quantify and streamline the exact delivery processes and to identify real need of serving personnel and veterans.
We aim to develop more connections with educational departments who have military children within their education remit, so developing policies of knitting families together after deployment and awareness within schools educating children of serving military families and offering intervention.
Page 5
Combat Surfers TRUSTEES ANNUAL REPORT
We are positive that Surf Action will go from strength to strength and be further recognised for the wider approach that we take in our provision that aims to continue to directly empower the veterans whilst continuing to educate and promote understanding and awareness amongst the public. We also aim to develop the knowledge of issues surrounding the veteran community to organisations, agencies and employers. Overall we aim to continue supporting veterans to integrate back into local life by successfully moving individuals closer to coping with the symptoms of PTSD, whilst complimenting the recreational activities delivered by Surf Action.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution:
The charity is registered as a a charitable company limited by guarantee and was set up by a Memorandum and Articles of Association on 27 October 2010. The latest amendment to the Memorandum and Articles of Association was on 30th January 2017.
The principal object of the charity is to promote and protect the physical and mental health and welfare of those who have been wounded whilst serving in the armed forces and civilian emergency services, and those civilians which the trustees may from time to time deem to warrant support, and to help people deal with the ongoing problems of Post Traumatic Stress Disorder (PTSD) by introducing them to surfing and other peer group activities.
Method of appointment or election of trustees:
Potential trustees are selected from individuals who are interested in furthering the work of the charity, they are given a copy of the Charity Commission's booklet CC3 "The Essential Trustee" upon election and all relevant information explained. During the recruitment process external relationships are considered and anyone found to have a conflict of interest is not considered further. New trustees are issued with guidance on what is expected of them. All trustees are expected to act as a team for the good of the charity.
Organisational Structure and Decision Making:
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Articles of Association. The trustees agree the broad strategy of the charity and the day to day running of the charity is coordinated by the management team.
TRUSTEES RESPONSIBILITIES
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6
Combat Surfers TRUSTEES ANNUAL REPORT The above report has been prepared in accordance with ihe provisions applicable to companies subject to the small eompanies regimc as set out in Part 15 of the Companies Act 2006 and in accordance with the Charitics SORP (FRS 102). Signed on behalf of the board Douglas Bell Trustee 26 May 2021 Page 7
Combat Surfers INDEPENDENT EXAMINERS REPORT
Independent Examiner's Report to the trustees of Combat Surfers
I report to the charity trustees on my examination of the accounts of Combat Surfers for the year ended 31 October 2020 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Debbie Risborough Association of Chartered Certified Accountants Cornwall Community Accountancy Service The Elms, 61 Green Lane Redruth Cornwall
TR15 1LS 26 May 2021
Page 8
Combat Surfers STATEMENT OF FINANCIAL ACTIVITIES
| for the year ended 31 October 2020 Unrestricted funds Restricted funds 2020 2020 Notes £ £ Income and endowments from: Donations and legacies 4 15,730 - Charitable activities 5 - 63,250 Total 15,730 63,250 Expenditure on: Raising funds 6 77 - Charitable activities 7 20,519 50,371 Total 20,596 50,371 Net gains on investments - - Net income/(expenditure) 8 (4,866) 12,879 Transfers between funds 16,218 (16,218) Net income/(expenditure) before other gains/(losses) 11,352 (3,339) Other gains and losses: Net movement in funds 11,352 (3,339) Reconciliation of funds: Total funds brought forward 135,549 44,356 Total funds carried forward 146,901 41,017 |
for the year ended 31 October 2020 Unrestricted funds Restricted funds 2020 2020 Notes £ £ Income and endowments from: Donations and legacies 4 15,730 - Charitable activities 5 - 63,250 Total 15,730 63,250 Expenditure on: Raising funds 6 77 - Charitable activities 7 20,519 50,371 Total 20,596 50,371 Net gains on investments - - Net income/(expenditure) 8 (4,866) 12,879 Transfers between funds 16,218 (16,218) Net income/(expenditure) before other gains/(losses) 11,352 (3,339) Other gains and losses: Net movement in funds 11,352 (3,339) Reconciliation of funds: Total funds brought forward 135,549 44,356 Total funds carried forward 146,901 41,017 |
for the year ended 31 October 2020 Unrestricted funds Restricted funds 2020 2020 Notes £ £ Income and endowments from: Donations and legacies 4 15,730 - Charitable activities 5 - 63,250 Total 15,730 63,250 Expenditure on: Raising funds 6 77 - Charitable activities 7 20,519 50,371 Total 20,596 50,371 Net gains on investments - - Net income/(expenditure) 8 (4,866) 12,879 Transfers between funds 16,218 (16,218) Net income/(expenditure) before other gains/(losses) 11,352 (3,339) Other gains and losses: Net movement in funds 11,352 (3,339) Reconciliation of funds: Total funds brought forward 135,549 44,356 Total funds carried forward 146,901 41,017 |
Total funds 2020 £ 15,730 63,250 |
Total funds 2019 £ 6,536 20,000 |
|---|---|---|---|---|
| 15,730 77 20,519 |
63,250 - 50,371 |
78,980 77 70,890 |
26,536 - 51,695 |
|
| 20,596 - |
50,371 - |
70,967 - |
51,695 - |
|
| (4,866) 16,218 |
12,879 (16,218) |
8,013 - |
(25,159) - |
|
| 11,352 | (3,339) | 8,013 | (25,159) | |
| 11,352 135,549 |
(3,339) 44,356 |
8,013 179,905 |
(25,159) 205,064 |
|
| 146,901 | 41,017 | 187,918 | 179,905 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Page 9
Combat Surfers BALANCE SHEET at 31 October 2020 Company No. 07421247 Notes 2020 2019 Fixed assets Tangible assets 10 3,906 3,906 4,464 4.464 Current assets Cash at bank and in hand 184.608 176.694 184,608 (596) 184,012 187,918 187,918 176,694 (1,253) 175,441 179.905 Creditors: Amount falling due within one year Net current assets Total assets less current liabilities Net Assets excluding pension asset or liability 179,905 Total net assets 187,918 179,905 The funds of the charity RtrICted funds 12 Restricted income funds 41,017 41,Ol7 44,356 44,356 Unrestrieted funds 12 General funds 142,995 3,906 131,085 4,464 Designated fvnds 146,901 135.549 Totsl funds 187.918 179,905 These accounts have been prepared in accordance with the special provi5i0ns of Part 15 of the Companies Act 2006 relating t(Tr small companies. For the year ended J l October 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small cotnpanies. The members have not required the company to obtain an audit in accordance with section 476 of th¢ Companies Act 2006. The directors acknowledge their responsibilitie5 for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 26 May 2021 And signed on its behalt by= Douglas Bell Trustee 26 May 2021 Page 10
Combat Surfers NOTES TO THE ACCOUNTS
for the year ended 31 October 2020
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
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 charity constitutes a public benefit entity as defined by FRS102.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted These are available for use at the discretion of the trustees in furtherance of the funds general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation These are unrestricted funds which include a revaluation reserve representing funds the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Page 11
Combat Surfers NOTES TO THE ACCOUNTS
| Combat Surfers NOTES TO THE ACCOUNTS |
|
|---|---|
| Income | |
| Recognition of | Income is included in the Statement of Financial Activities (SoFA) when the |
| income | charity becomes entitled to, and virtually certain to receive, the income and the |
| amount of the income can be measured with sufficient reliability. | |
| Income with | Where income has related expenditure the income and related expenditure is |
| related | reported gross in the SoFA. |
| expenditure | |
| Donations and | Voluntary income received by way of grants, donations and gifts is included in |
| legacies | the the SoFA when receivable and only when the Charity has unconditional |
| entitlement to the income. | |
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the same time as the |
| donations and | gift/donation to which it relates. |
| gifts | |
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
| and facilities | where the benefit to the Charity is reasonably quantifiable, measurable and |
| material. | |
| Volunteer help | The value of any volunteer help received is not included in the accounts. |
| Investment | This is included in the accounts when receivable. |
| income | |
| Gains/(losses) on | This includes any gain or loss resulting from revaluing investments to market |
| revaluation of | value at the end of the year. |
| fixed assets | |
| Gains/(losses) on | This includes any gain or loss on the sale of investments. |
| investment assets | |
| Expenditure | |
| Recognition of | Expenditure is recognised on an accruals basis. Expenditure includes any VAT |
| expenditure | which cannot be fully recovered, and is reported as part of the expenditure to |
| which it relates. | |
| Expenditure on | These comprise the costs associated with attracting voluntary income, |
| raising funds | fundraising trading costs and investment management costs. |
| Expenditure on | These comprise the costs incurred by the Charity in the delivery of its activities |
| charitable | and services in the furtherance of its objects, including the making of grants |
| activities | and governance costs. |
| Grants payable | All grant expenditure is accounted for on an actual paid basis plus an accrual |
| for grants that have been approved by the trustees at the end of the year but not | |
| yet paid. | |
| Governance | These include those costs associated with meeting the constitutional and |
| costs | statutory requirements of the Charity, including any audit/independent |
| examination fees, costs linked to the strategic management of the Charity, | |
| together with a share of other administration costs. | |
| Other | These are support costs not allocated to a particular activity. |
| expenditure |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 12
Combat Surfers NOTES TO THE ACCOUNTS
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
General Equipment 25% Reducing Balance Fixtures and Fittings including Office 25% Reducing Balance Equipment
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Page 13
Combat Surfers NOTES TO THE ACCOUNTS
Statement of cash flows
The charity is exempt from preparing a statement of cash flows on the grounds that it is a small charity
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Charitable activities Total Expenditure on: Charitable activities Total Net income Transfers between funds Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations Legacies Donations in kind |
Unrestricted funds 2019 £ 6,536 - 6,536 47,068 47,068 (40,532) 3,788 (36,744) (36,744) 172,293 135,549 Unrestricted £ 4,930 - 10,800 15,730 |
Restricted funds 2019 £ - 20,000 20,000 4,627 4,627 15,373 (3,788) 11,585 11,585 32,771 44,356 Total 2020 £ 4,930 - 10,800 15,730 |
Total funds 2019 £ 6,536 20,000 |
|---|---|---|---|
| 26,536 51,695 |
|||
| 51,695 | |||
| (25,159) | |||
| (25,159) | |||
| (25,159) 205,064 |
|||
| 179,905 | |||
| Total 2019 £ 603 1,253 4,680 |
|||
| 6,536 |
Page 14
Combat Surfers NOTES TO THE ACCOUNTS
5 Income from charitable activities
| 5 Income from charitable activities |
|||
|---|---|---|---|
| Grant Income: Armed Forces Covenant Trust - Community Integration Armed Forces Covenant Trust - Covid19 Armed Forces Covenant Trust - Blue Health 6 Expenditure on raising funds Fundraising costs |
Restricted £ - 30,000 33,250 63,250 Unrestricted £ 77 77 |
Total 2020 £ - 30,000 33,250 63,250 Total 2020 £ 77 77 |
Total 2019 £ 20,000 - - |
| 20,000 | |||
| Total 2019 £ - |
|||
| - |
Page 15
Combat Surfers NOTES TO THE ACCOUNTS
Expenditure on charitable 7 activities
| Direct expenditure on charitable activities Surf Clinics Volunteer Expenses Veteran Support Costs Therapy Costs Other direct costs Support Costs Travel and subsistence Rent & rates Light, heat and power Insurance Repairs & renewals Telephone and fax IT expenses Printing, postage and stationary Subscriptions sundry expenses Cleaning Consultancy fees Legal and professional fees Bank charges Depreciation Governance costs Accountancy fees Independent examination of the charity's accounts 8 Net income/(expenditure) before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricte d £ - - - - - 628 823 - 1,302 - 620 221 168 501 - 32 13,671 13 267 1,116 493 664 20,519 |
Restricted £ 5,955 1,908 568 22,165 1,062 2,025 2,250 - - - 679 - 30 - - - 13,729 - - - - - 50,371 2020 £ 1,116 |
Total 2020 £ 5,955 1,908 568 22,165 1,062 2,653 3,073 - 1,302 - 1,299 221 198 501 - 32 27,400 13 267 1,116 493 664 70,890 |
Total 2019 £ 9,626 825 1,240 3,685 - 3,293 3,107 6 1,243 20 671 72 127 472 22 6 24,100 13 290 1,537 495 845 |
|---|---|---|---|---|
| 51,695 | ||||
| 2019 £ 1,537 |
Page 16
Combat Surfers NOTES TO THE ACCOUNTS
9 Staff costs
The charity does not employ individuals on a PAYE basis. Instead sub-contractors are used on an as needed basis. No individual received emoluments in excess of £60,000.
The remuneration of the key management personnel is shown in consultancy fees in note 7.
10 Tangible fixed assets
| Cost or revaluation At 1 November 2019 Additions At 31 October 2020 Depreciation and impairment At 1 November 2019 Depreciation charge for the year At 31 October 2020 Net book values At 31 October 2020 At 31 October 2019 11 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income |
General Equipment £ 18,168 - 18,168 14,964 801 15,765 2,403 3,204 2020 £ - 596 596 |
Fixtures and Fittings including Office Equipment £ 7,898 558 8,456 6,638 315 6,953 1,503 1,260 |
Total £ 26,066 558 |
|---|---|---|---|
| 26,624 | |||
| 21,602 1,116 |
|||
| 22,718 | |||
| 3,906 | |||
| 4,464 | |||
| 2019 £ 716 537 |
|||
| 1,253 |
Page 17
Combat Surfers NOTES TO THE ACCOUNTS
12 Movement in funds
| 12 Movement in funds | |||||
|---|---|---|---|---|---|
| At 1 Novembe r 2019 21,278 3,078 20,000 - - 44,356 131,085 4,464 4,464 179,905 |
Incoming resources (including other gains/losses ) £ - - - 30,000 33,250 63,250 15,730 - - 78,980 |
Resources expended £ |
Gross transfers £ (16,194) (24) - - - (16,218) 15,660 558 558 - |
At 31 October 2020 £ - 225 - 23,849 16,943 |
|
| Restricted funds: Restricted income funds: Royal British Legion (RBL) CRCC Health Grant Armed Forces Covenant Grant for Community Integration Armed Forces Covenant Covid19 grant Armed Forces Covenant Positive Pathways Grant for Blue Health Total Unrestricted funds: General funds Designated funds: Capital funding Total Revaluation Reserves: Total funds |
|||||
| (5,084) | |||||
| (2,829) | |||||
| (20,000) | |||||
| (6,151) | |||||
| (16,307) | |||||
| (50,371) (19,480) (1,116) (1,116) (70,967) |
|||||
| 41,017 | |||||
| 142,995 3,906 |
|||||
| 3,906 | |||||
| 187,918 |
Purposes and restrictions in relation to the funds:
Transfers shown above in restricted funds relate to project costs that were allocated to unrestricted funds in prior years.
| Restricted funds: Royal British Legion (RBL) CRCC Health Grant |
Armed forces families interventions, making sense of the emotional cycle of deployment for children A Together for Families grant towards delivering services to the |
|---|---|
| hardest to reach families. The grant aims to enable the charity to build | |
| on current delivery and practice. | |
| Armed Forces Covenant | The MOD covenant grant was awarded for project work relating to the |
| Grant for Community | delivery of courses, coaching and mentoring of military personnel and |
| Integration | their families |
Page 18
Combat Surfers NOTES TO THE ACCOUNTS
Armed Forces Covenant The MOD covenant grant was awarded for project work relating to the Covid19 grant delivery of courses, coaching and mentoring of military personnel and their families
Armed Forces Covenant A grant to support veterans in improving health Positive Pathways Grant for Blue Health
Designated funds: Capital funding Funds transferred for capital spend which will be matched to depreciation
Analysis of net assets between 13 funds
| Unrestricted funds £ Fixed assets 3,906 Net current assets 184,012 187,918 Commitments Operating lease commitments Annual commitments under non-cancellable operating leases are as follows: 2020 2020 2019 Land and buildings Other Land and buildings £ £ £ Operating leases with expiry date: Within one year 3,000 - 3,000 In the second to fifth years inclusive - - 3,000 3,000 - 6,000 |
Total £ 3,906 184,012 |
|---|---|
| 187,918 | |
| 2019 Other £ - - |
|
| - |
14 Commitments
15 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 19