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2021-03-31-accounts

Company registration number: 4517544 Charity registration number: 1140240

Equation Nottinghamshire

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2021

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Equation Nottinghamshire

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 14
Independent Examiner's Report 15
Statement of Financial Activities 16 to 17
Balance Sheet 18
Statement of Cash Flows 19
Notes to the Financial Statements 20 to 31

Equation Nottinghamshire

Reference and Administrative Details

Trustees

Senior Management Team

Anne Marie Partington Jacqueline Davison David Igoche Vivienne McCrossen Tim Sorrell Michael West Alexandra Joseph Stephanie James Hollie Venn Emily Bairstow Raina Mason Kelly Bennaton Anna Clark, CEO Anthea Tainton, Head of Service: Children & Young People

Carrie McNabb, Head of Service: Finance and Business Development, from 14/09/2020

Laura Grant, Head of Service: Fundraising, until 09/09/2020

Principal Office

Castle Cavendish Works Dorking Road NOTTINGHAM NG7 5PN

Company Registration Number 4517544

Charity Registration Number 1140240 Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

Equation Nottinghamshire

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.

Trustees

Anne Marie Partington

Jacqueline Davison

David Igoche

Vivienne McCrossen

Anthony Rosevear (resigned 14 October 2020)

Tim Sorrell

Michael West

Alexandra Joseph (appointed 2 November 2020) Stephanie James (appointed 2 November 2020) Hollie Venn (appointed 2 November 2020) Emily Bairstow (appointed 2 November 2020) Raina Mason (appointed 2 November 2020) Kelly Bennaton (appointed 2 November 2020)

Structure, governance and management

Nature of governing document

The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 22 August 2002 and most recently amended 27 June 2013. It has no share capital and the liability of each member in the event of winding-up is limited to £10.

Recruitment and appointment of trustees

Equation currently has a committee made up of 12 members who meet on a six weekly rotation and are responsible for the strategic direction and policy of the charity. At present the charity has all its members from a variety of professional backgrounds relevant to the work of the charity.

The charity recruit from across the community with a particular view to involving people with specific management skills and committed to combating domestic violence. All committee members are required to undertake mandatory training in identifying and understanding the impacts of domestic violence.

Page 2

Equation Nottinghamshire

Trustees' Report

Induction and training of trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles, are known as members of the Management Committee. Under the requirements of the Articles of Association, the members of the Management Committee are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting.

Trustees are required to undertake the Understanding and Responding to Domestic Violence and Abuse and Challenging Domestic Violence Course to familiarise themselves with the work of the charity and the context within which it operates. Equation’s induction programme introduces trustees to the organisation, staff and projects and includes the obligations of the Directors. Resources are drawn from Charity Commission’s guide “the Essential Trustee” and also NCVO’s advice and support for Trustees.

Organisational structure

The management of the organisation was delivered by the two workstream managers who were responsible for ensuring that the charity delivers the services specified, the key performance targets are met and the day to day operation of the offices. This was adjusted from January 2015 so that the organisational management of the charity is now managed by a Chief Executive Officer. Individual supervision is carried out by the appropriate workstream manager who also ensures that the team continues to develop their skills and working practice.

Objectives and activities

Objects and aims

Equation aims to challenge, prevent and reduce domestic and sexual violence by increasing public awareness, promoting and implementing early interventions, and strengthening inter-agency work.

Our charity’s purposes, as set out in the objects contained in the company’s articles of association are:

• To promote for the public benefit the provision of services directed toward the prevention of domestic violence and the relief and support of persons who have been or are affected by domestic and sexual violence in Nottinghamshire in particular but not exclusively by the provision of training, workshops, seminars and information;

• To advance the education of voluntary and statutory agencies, professionals and the public at large in all aspects of domestic and sexual violence, its causes and prevention.

Page 3

Equation Nottinghamshire

Trustees' Report

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity. In particular, the trustees consider how planned activities will contribute to the aims and objectives the organisation has planned.

Our main objectives for the year continued to be:

The strategies we used to meet these objectives included:

Public benefit

All our charitable activities focus on challenging, preventing and reducing domestic and sexual violence by increasing public awareness, promoting and implementing early interventions, and strengthening inter-agency work. These activities are undertaken to further our charitable purposes for the public benefit and are described throughout the remainder of the report.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Chair's Annual Report 2020 - 2021

‘Our goal is for everyone to have equal, healthy relationships, in a society free from domestic abuse, sexual violence and gender inequality’

This year, as with the end of last year, has been dominated by the management of the global pandemic and that has had an impact on all of us at Equation, personally, professionally and as a team. We have remained focused on achieving the vision, values and strategic objectives of our Strategy 2019 – 2022, but have adapted to remote delivery methods to ensure we can still support people experiencing domestic and sexual violence. We have learnt different ways of working and delivering our services and we have continued to consolidate and build on our strong foundations to grow as an organisation. We have responded throughout the year to the increased levels of vulnerability for people experiencing domestic and sexual violence whilst in lockdown, including providing support and services for teachers and schools through online platforms; developing our training resource so that it has remained relevant, up to date and accessible for all professionals working in Nottingham and Nottinghamshire; and built on our partnership working to ensure key safety and support messages are coordinated, available and reaching those who need them. In our last Annual Report, we said we would be proactive in rising to the challenges; consider the implications of the Black Lives Matters movement and broader issues of equality, diversity and inclusion; and look for opportunities for business growth and we have taken each of these forward within our planning and service delivery. We will continue to work in these areas over the next year and particularly within the review of our strategy and priorities.

Page 4

Equation Nottinghamshire

Trustees' Report

The Equation Team

We could not achieve what we do without the dedication, commitment and skills of our team of staff, volunteers and freelancers and I would like to thank each and every one of them for everything they do, particularly this year. The team has remained positive, committed and responsive, supporting each other, those we work with and other organisations in the sector. We said goodbye to some members of the staff team, including Laura Grant, Carleen Bentley and Sophie Maskell and wish them every success in the future and we welcome Grace Smith, Ieva Medne, Yvette Khouri Bent, Olwen Davies, Kath Crowther, Helen Bryan, Roseanna Escobar Byrne and Holly Mills to the team.

I am extremely grateful for the time that all volunteers give to support the work of Equation, at all levels of the organisation. We focused on strengthening our team of volunteer trustees this year, increasing our numbers and bringing diversity and new skills into the Management Committee to support our future development. Alex Joseph, Emily Bairstowe, Hollie Venn, Kelly Bannaton, Raina Mason and Steph James joined us, with Ant Rosevear and Viv McCrossen leaving towards the end of the year but continuing to support Equation in a variety of ways. I am grateful to both of them for everything they did for Equation during their time as trustees.

We have up to 200 volunteers support Equation in all sorts of ways, including providing admin support, helping us to deliver campaigns and training and supporting our work with children and young people. It is our volunteers who make it possible for us to do the volume of work that we do and reach into new groups within our community and we are grateful for all the support they provide.

Our Achievements & Plans

To increase work to prevent domestic abuse and sexual violence by raising awareness and educating people about equal and healthy relationships.

To ensure more survivors of domestic abuse and sexual violence get the most effective support to create space for action.

Page 5

Equation Nottinghamshire

Trustees' Report

To ensure Equation have adequate resources and operate with a financially sustainable model.

To build organisational capacity for future growth.

To increase the profile and influence of Equation.

We are starting the new year with the most amazing news that we have received the Queens Award for Voluntary Service, including special designation for providing impactful support to our communities during the Covid-19 pandemic in 2020. This is a huge honour for us and for the volunteers who support our work. We will continue to develop, grow and remain at the heart of domestic and sexual violence services within Nottinghamshire and beyond.

Anne Partington, Chair of Trustees

Page 6

Equation Nottinghamshire

Trustees' Report

Workstream Reports

Domestic Abuse Service for Men

Delivery and Impact:

Total Number of Cases referred into service between 2020-2021 – 700 in total.

City 278
North County 163
South County 240
No reporting area 19

Within the number of the referrals the team supported 677 males who were referred, or self-referred into the service, this ranges from contact to let them know about our service, one off or short-term interventions and then the longer-term support.

From those referrals 188 of those had a short-term intervention and 109 had long term service support.

Although there is a reduction in numbers from last year, we attribute this to both the reduction in standard referrals from the police and the impact of lockdown/COVID-19 restrictions.

During this year we saw the onset and continued impact of COVID-19 and lockdown restrictions. We saw an impact on referrals and this was in line with the national Men’s Advice Line who initially saw a decrease. We then saw an increase/spike after every lockdown easing which was anticipated and predicted by the team; with men taking longer to call and disclose.

The types of referrals and calls we received on the Helpline also changed in line with Lockdown. There was increased need for urgent accommodation/refuge; more cases that had no recourse to public funds and much more complexity of need requiring multi agency liaison and working.

The Men’s Service transitioned seamlessly into remote working with no impact to the support offered to survivors or professionals. The introduction of a new phone system supported this and has ensured that remote working is sustainable. To offer alternative options for referrals we developed a helpline email address, zoom video calls and website referral forms to ensure silent solutions were open to survivors – this was developed alongside social media promotion and professional networks. In addition, we developed safe contact strategies and contributed to a Safe Contact briefing that was developed for professionals.

During the last 12 months we employed a part time Helpline Worker to enable some capacity in the team. This is a developmental role with a view to ensuring the Helpline is set up as a stand-alone service and look at future development of other referral options such as webchat.

Other Developments:

Page 7

Equation Nottinghamshire

Trustees' Report

Future Plans:

Perpetrator Program: Your Choice Project

A pilot program began in 2020, commissioned jointly with The Jenkins Centre, NWAL and JUNO Women’s Aid, aims to help people who have been abusive towards their partners or ex-partners to change their behaviour and develop respectful, non-abusive relationships. Commissioned by the Home Office via the Police and Crime Commissioners the program also offers support to partners and/or ex partners alongside the perpetrator program.

The pilot is due to finish at the end of March 2022 and will be formally externally evaluated. The aim being that we will apply for further funding to enable this program to continue longer term in conjunction with continued consultation and support from The Jenkins Centre.

Children and Young People’s Service

During 2020-21 Equation have continued to engage children, young people, parents, and teachers with preventative projects focussed on raising awareness of healthy relationships and domestic abuse.

The COVID-19 pandemic unfortunately meant that Equation could not deliver in schools most of the year, but the work did not end there. Equation used time and funding to review, reinvent, create, and develop across projects, training, and resources.

Delivery and Impact:

Equation was able to reach a small number of children, young people and professionals plus distributed more resources than previous years:

Key Developments:

Page 8

Equation Nottinghamshire

Trustees' Report

Future Plans:

Campaigns and Resources

Delivery:

Over the last year, Equation developed and adapted its campaigns and communications activities with the specific objective of overcoming the implications COVID-19 has on survivors and their ability to access support services. Existing campaigns were adapted to focus on more digital methods of delivery and reach more diverse groups in our communities online. Help a Friend ran twice during the year increasing from the usual delivery model which is once a year. The White Ribbon campaign too moved fully online in place of the annual give away events that usually reach around 2,500 men that were unable to take place. Comparatively the online campaign reached over 18,000.

A move to focus on more online delivery helped to bridge the gap left by not being able to reach people as readily with events and print media around the city and county, but print media was not completely overlooked. A more limited focus on this medium centred on key areas such as supermarkets, convenience stores, take-aways and parks and recreational settings where footfall was highest during lockdown.

Similarly, to print media, because of the pandemic, the distribution of our physical resources decreased. However, Equation worked with local healthcare providers and other partners to ensure local resources, best practice and signposting information was provided to local Pharmacies and other venues participating in the national Safe Spaces scheme.

Equation has continued to lead Nottingham City and County domestic abuse communications across the voluntary and statutory sector during the COVID-19 crisis. At the beginning of the year, we ensured vital information about how services were adapting was well communicated and kept up to date as things changed on a regular basis during the first lockdown. We also led on coordinating key communications around national initiatives such as safe spaces and Ask for Ani as well the new Domestic Abuse Act.

Impact:

Number of campaigns delivered:

This year, we have focused on 5 key campaigns:

Other Activities:

Page 9

Equation Nottinghamshire

Trustees' Report

Number of people reached with Help a Friend:

Total Reach: 590,777

Number of resources distributed, including discreet safety resources and in multiple languages across the City and County:

Total: 72,249

Developments:

Future Plans:

Workforce Development

Equation have continued to train professionals and volunteers on domestic abuse in a wide variety of subject areas, but the COVID-19 pandemic meant that from April 2020 – June 2020 the team redeveloped existing training modules into remotely deliverable sessions, developed our skills in remote delivery and identified methods and platforms for delivery.

It was clear early in the pandemic that training would be essential to ensure that Nottingham and Nottinghamshire workforce would be well placed to continue to offer support to survivors where possible. A suite of training was developed with reference to this including:

Page 10

Equation Nottinghamshire

Trustees' Report

Delivery:

During this year there was an overall increase in the number of sessions delivered and the number of professionals and volunteers that received training:

Key Developments:

National Partnerships:

During this period, we also developed new National Partnerships to enhance the knowledge base of local practitioners, this included:

Page 11

Equation Nottinghamshire

Trustees' Report

Good Practice Development:

Future Plans:

Fundraising Report

During 2020-21 our fundraising plans were affected due to the pandemic, with mass participation challenges and fundraising events being cancelled. As plans changed, we tried to adapt through online events and digital fundraising and with the support of the High Sheriff, Dame Elizabeth Fradd, as her chosen charity, we were able to increase our income based on the previous year.

The team managed some changes in staff turnover with Laura Grant, Head of Fundraising, resigning her position. And, Finance Officer Carrie McNabb, taking on the new role of Head of Finance and Business Development. We have not yet appointed for the role of a Community Fundraiser and will progress this as restrictions ease during the next year.

Trust Fundraising:

This year saw a decrease in income from Trusts and Foundations, primarily due to many Trusts’ focussing on responding to COVID-19 and funding existing grant holders. Despite this, we were able to secure funding toward our own response and funding towards our core aims.

Over the next year we hope to engage with existing and new funders towards several new projects we hope to deliver.

Community Fundraising:

As mentioned, we were pleased to see an increase in donations through our partnership with the High Sheriff. Whilst we saw a decrease in donations from our community and through challenges and events, the High Sheriff supported our efforts through various appeals and online events during the year.

Whilst we were unable to work with our volunteers in the same way we were pleased to be fully supported by our team of volunteers and we thank them for their invaluable support.

Page 12

Equation Nottinghamshire

Trustees' Report

Targets for 2021-22

We have considered the impacts COVID-19 had on our fundraising plans during the last year and have re-evaluated our fundraising strategy for this year. We hope to grow our digital fundraising and find new ways to engage with our community. Working closely with the Marketing and Communications team we hope to raise more awareness of our work in our community and hope this will present new and exciting opportunities.

Treasurer's Report

Finances’ for period to 31st March 2021

The accounts presented cover the 12-month period from 1st April 2020 to 31st March 2021.

Equation’s total income for 2021 equated to £673k, a Decrease of £25k. (-3.6%) on the previous year of £698k

Statutory Grant income in year equated to £460k, an Increase of £43k. (10.4%) on the previous year of £417k

The main funders made up off Nottingham Crime and Drugs Partnership, Big Lottery, and Nottinghamshire County Council.

Additional grants received totalled £135k, a Decrease of £2k. (-1.6%) on the previous year of £138k

Donations received from various sources and Equation is once again very grateful for the continued support of our funders.

Income from Donations generated equalled £42k, an Increase of £21k. (105%) on the previous year of £21k

Further income of £35k has been received for fundraising events, activities, and training, a Decrease of £88k. (-71%) on the previous year of £123k.

Expenditure for 2021 equalled £614k for the 12-month period, a Decrease of £17k. (-2.7%) on the previous year of £630k

The average number of employees increased by 3 from 23 to 26 during the year with associated payroll costs increased by £29k. (7%)

The cost of paid staff working for Equation totalled £444k in year and self-employed freelance workers totalled £20k, the total accounting for 76% of the total costs.

At the end of the period, the charity had total reserves of £373k split between £235k of free reserves and £137k of restricted funds which will be spent on the activities required by the funders in the next period.

It is still the intention of the Management committee of Equation to have the equivalent of 3 to 6 months average core running costs of free reserves as this would be required in the event of winding up. Equation finances continued to be reviewed and closely monitored by the finance subcommittee and the trustee board every quarter.

Total reserves in year stand at £373k

In the past 12 months, Equation has seen an increase in free reserves (for the third year in a row) with free reserves now standing at £235k from previous year of £181k, a total increase of £55k.

Total restricted funds now stand at £137k an increase in year of £5k up of 4% on year end 2020.

Total Cash at Bank and in Hand stands at £357k an increase in year of £150k from 2020.

Page 13

Equation Nottingham5bire Trustees, Report £quation and the TriLslees sinieJEly dmnk evtry4)rte whts h&% providtd fi[￿LIa1 supwti lo Ihc charity during Ihc rjnancial yw. We ￿'OUld alw lik¢ to the staff foT their prof¢55LonJlisffl, passion and dedication lo E4uation Goz]tinued effort5 to fitrh¢r improv¢ Fquation'5 financial posiiion. John O'Brien of Communiiy Ac¥uunting Plu5 was re-appoint¢d as the accountants io Equation during th¢ year. We would ihgrefore extend our to them for iheir ¢xaminaiton of Equation s books and for pte$enting the accounis for this anrtudl Icport. We would like to Ihank Community AccounrinB Plus for providittg p8vroll supwrt and advice durtno ihe yeaT. We would also lik¢ to Ih3nk Anna Clark and ajl th¢ 51aff al Equation lor iheir continual hard work, which has dir¢cily Contribu1￿ to the continued Strength of the financial posilinn this ye8r. Stattmtnt of Trmstees. RtsponsibAIFties The ITUStees Iwho are also the direciots of Equ￿10￿ Nollinghamshire tor ihe purpjses ot. companj la￿) are responsible for preparng ¢he irustee8' r¢pt>rt and the financial siatLmenis itt accfjrdanc i%'&ih the L'rrited Kingdom Accountin8 St￿idards (United Kingdom Generally AcL4tcd Ac£ounlinB Practiccl and applicablc la and regulations. Company requires the trusteey to pr¢pw¢ liaancial stat¢m¢nts lor each fuwici&l Y¢ar. URder company law the iruste¢s noi approve die financjal s(aiemenii unl￿S they are satisfied thai they give a true laxr vie L)f the stai¢ ol- affairs of the ¢h8ritabl¢ company and of its incoming resources and 8pplicaiion of resouTLes, 1￿ClUdIng its income and expendilijre, for that period. In preparing th¢5¢ financial stat¢Tnents. the trustee5 are qUITcd to.. sel¢ct suitabl¢ awounring p)licies and apply ihem consistenuy.. ob5eTV¢ the Tn¢thod5 and principles in the Chariti¢s SORP., ak¢ judgements and estimates that are reasonabl¢ and prudenr., stat¢ whdher &pplicable L.K Acvounting Standards have be¢n followcd, suhjccl 10 an>" fflÈlcTi&l dcparLure5 disclosed explaitted the financiat statements. and prepare iht tiiiancial statememts the going concem basis unless it 18 iL)approwiate to presume that the chtriiable company will e¢)nitnue in business. The tttisiees art resyx)nsible for keepiTrg adequat¢ &c¢ountiTJg r¢cord5 that aFt suffi¢ient to show and ¢xplain the hariiable iompany's tran$JLtions and disclo%e with ieason&ble accuracy at any li￿¢ th¢ fingncial p0511ion of th¢ hariiable tompwy and enable them ti) eDsiire thai the financial statements comply wilh the Companics Act 2Crf)6_ Th¢}, are 8150 responsible for safeguarding the assets of Ihe charitable cotnwy and hence lor taking reason&ble steps for the prevention attd deiection of frdud and other irregulariries. Small tompintes prnvi$ion $t#tttN¢nt This report has been pr¢par¢d in ￿CordanCe with th¢ small comp￿leS rewme under the Compgmies Act 20Q6. The annual re[￿rt was &pproved by Ihe irusiees otthe charity on c.l.6121 and signed on its b¢half by.. Anne Marie P Trustee ton Pag¢ 14

Equation Nottinghamshire

Independent Examiner's Report to the trustees of Equation Nottinghamshire

Independent examiner’s report to the trustees of Equation Nottinghamshire ('the Company')

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity's trustees of the company (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 Company 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

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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.

......................................

John O'Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

16/08/2021 Date:.............................

Page 15

Equation Nottinghamshire

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
funds
£
85,715
35,161
219
136
121,231
(66,951)
(66,951)
54,280
54,280
180,467
234,747		 Restricted
funds
£
-
552,218
-
-
552,218
(546,686)
(546,686)
5,532
5,532
132,271
137,803		 Total
2021
£
85,715
587,379
219
136
673,449
(613,637)
(613,637)
59,812
59,812
312,738
372,550		 Total
2020
£
54,124
638,240
5,964
2
698,330
(630,550)
(630,550)
67,780
67,780
244,958
312,738

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 18.

Page 16

Equation Nottinghamshire

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

These are the figures for the previous accounting period and are included for comparative purposes

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
funds
£
54,124
117,217
5,964
2
177,307
(132,784)
(132,784)
44,523
44,523
135,944
180,467		 Restricted
funds
£
-
521,023
-
-
521,023
(497,766)
(497,766)
23,257
23,257
109,014
132,271		 Total
2020
£
54,124
638,240
5,964
2
698,330
(630,550)
(630,550)
67,780
67,780
244,958
312,738

Page 17

Equation Nottinghamshire

(Registration number: 4517544) Balance Sheet as at 31 March 2021

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
14
Creditors: Amounts falling due within one year
15
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
18
Unrestricted income funds
Unrestricted funds
Total funds
18		 2021
£
616
58,126
360,100
418,226
(46,292)
371,934
372,550
137,803
234,747
372,550		 2020
£
1,213
113,239
211,030
324,269
(12,744)
311,525
312,738
132,271
180,467
312,738

For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The financial statements on pages 16 to 31 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: 8 Aug 2021

Jacqui Davison

......................................... Jacqueline Davison Trustee

Page 18

Equation Nottinghamshire

Statement of Cash Flows for the Year Ended 31 March 2021

Note
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items
Depreciation
Investment income
5
Working capital adjustments
Decrease/(increase) in debtors
13
Increase/(decrease) in creditors
15
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
5
Purchase of tangible fixed assets
12
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
Reconciliation of net cash flow to movement in net funds
Increase in cash
Net funds at 1 April 2020
Net funds at 31 March 2021		 2021
£
59,812
597
(136)
60,273
55,113
33,548
148,934
136
-
136
149,070
211,030
360,100
149,070
211,030
360,100		 2020
£
67,780
1,086
(2)
68,864
(10,237)
(34,160)
24,467
2
(1,811)
(1,809)
22,658
188,372
211,030
22,658
188,372
211,030

All of the cash flows are derived from continuing operations during the above two periods.

Page 19

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Equation Nottinghamshire meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Page 20

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Furniture & equipment 20% straight line
Computer equipment 33% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Page 21

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts and similar proceeds
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities		 Unrestricted
funds
General
£
23,546
34,640
5,795
21,734
85,715		 Total
2021
£
23,546
34,640
5,795
21,734
85,715		 Total
2020
£
-
20,537
20,226
13,361
54,124

Page 22

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

3 Income from charitable activities

Grants & donations
Training activities & projects
Licenses
Resource orders
Sundry		 Unrestricted
funds
General
£
-
30,514
178
4,237
232
35,161		 Restricted
funds
£
552,218
-
-
-
-
552,218		 Total
2021
£
552,218
30,514
178
4,237
232
587,379		 Total
2020
£
521,023
109,440
4,359
3,406
12
638,240

4 Income from other trading activities

Local fundraising and street collection income
5
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits		 Unrestricted
funds
General
£
219
219
Unrestricted
funds
General
£
136		 Total
2021
£
219
219
Total
2021
£
136		 Total
2020
£
5,964
5,964
Total
2020
£
2

Page 23

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

6 Expenditure on charitable activities

Accountancy
Depreciation
Events & training
Fundraising costs
Freelance workers
Insurance
Marketing & social media
Office administration
Payroll & professional fees
Repairs, maintenance & equipment
Rent & utilities
Resources
Salaries, NIC & pensions
Staff expenses
Staff training
Social media
Sundry expenses
Trustee & volunteer expenses
Allocation of overheads		 Unrestricted
General funds
£
Restricted funds
£
1,860
-
198
399
740
674
534
-
70
21,044
1,409
6,909
728
14,732
2,760
20,978
11,905
26,319
1,912
14,133
4,324
8,651
-
22,129
89,710
354,182
2,280
4,770
-
-
-
-
-
-
287
-
(51,766)
51,766
66,951
546,686		 Total
2021
£
1,860
597
1,414
534
21,114
8,318
15,460
23,738
38,224
16,045
12,975
22,129
443,892
7,050
-
-
-
287
-
613,637		 Total
2020
£
1,960
1,086
5,970
2,876
90,075
7,157
7,472
7,681
18,046
8,395
14,046
30,804
415,127
10,665
6,485
2,506
72
127
-
630,550

7 Net incoming/outgoing resources

Net incoming resources for the year include:

Depreciation of fixed assets

2021 2020
£ £
597 1,086

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 24

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

9 Fees payable to independent examiner

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Accounting Plus are analysed as follows:
Independent examination
Other financial services		 2021
£
1,550
1,358
2,908		 2020
£
1,550
1,494
3,044

10 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2021
£
405,662
24,055
14,175
443,892		 2020
£
377,244
22,737
15,146
415,127

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Average number of employees

2021 2020
No No
24 22

21 (2020 - 18) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £14,175 (2020 - £15,146).

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £87,257 (2020 - £69,356).

Page 25

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Tangible fixed assets

Cost
At 1 April 2020
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
13 Debtors
Trade debtors
Prepayments
Other debtors
14 Cash and cash equivalents
Cash on hand
Cash at bank		 Furniture and
equipment
£
22,648
22,648
22,648
-
22,648
-
-		 Furniture and
equipment
£
22,648
22,648
22,648
-
22,648
-
-		 Computer
equipment
£
1,811		 Total
£
24,459
24,459
23,246
597
23,843
616
1,213
2020
£
104,676
8,563
-
22,648 1,811
22,648
-		 598
597
22,648 1,195
- 616
- 1,213
2021
£
45,285
7,841
5,000
58,126
2021
£
102
359,998
360,100
113,239
2020
£
676
210,354
211,030

Page 26

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

15 Creditors: amounts falling due within one year

15 Creditors: amounts falling due within one year
Trade creditors
Other taxation and social security
Other creditors
Accruals		 2021
£
11,603
12,897
423
21,369
46,292		 2020
£
8,184
-
277
4,283
12,744

16 Obligations under leases and hire purchase contracts

Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Land and buildings
Within one year
Between one and five years
Other
Within one year
Between one and five years		 2021
£
16,200
8,100
24,300
1,280
-
1,280		 2020
£
11,250
11,250
22,500
1,280
1,280
2,560

17 Charity status

The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

Page 27

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

18 Funds

Unrestricted funds
General
General fund
Designated
Children & Young People -
project reserves
Campaigns & Communications
- project reserves
Training - project reserves
Survivors & Perpetrators -
project reserves
Redundancy, Sickness,
Maternity & Paternity
Total Unrestricted funds
Restricted funds
Children & Young People
Campaigns & Communications
Resources
Training
Survivors & Perpetrators
Building Capabilities
Total restricted funds
Total funds		 Balance at 1
April 2020
£
31,530
73,029
2,146
20,843
29,256
23,663
148,937
180,467
82,341
8,768
10,742
17,627
6,840
5,953
132,271
312,738		 Incoming
resources
£
92,350
6,124
231
16,806
5,720
-
28,881
121,231
264,558
87,763
-
78,483
121,414
-
552,218
673,449		 Resources
expended
£
(59,152)
-
-
(4,017)
(3,782)
-
(7,799)
(66,951)
(233,487)
(101,021)
-
(86,954)
(119,271)
(5,953)
(546,686)
(613,637)		 Transfers
£
-
-
-
-
-
-
-
-
-
10,742
(10,742)
-
-
-
-
-		 Balance at
31 March
2021
£
64,728
79,153
2,377
33,632
31,194
23,663
170,019
234,747
113,412
6,252
-
9,156
8,983
-
137,803
372,550

Page 28

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

Unrestricted funds
General
General fund
Designated
Children & Young People -
project reserves
Campaigns & Communications
- project reserves
Training - project reserves
Survivors & Perpetrators -
project reserves
Redundancy, Sickness,
Maternity & Paternity
Total unrestricted funds
Restricted funds
Children & Young People
Campaigns & Communications
Resources
Training
Survivors & Perpetrators
Business Development
Building Capabilities
Total restricted funds
Total funds		 Balance at 1
April 2019
£
33,043
48,466
1,415
9,049
20,308
23,663
102,901
135,944
51,725
15,262
6,701
23,759
3,982
7,585
-
109,014
244,958		 Incoming
resources
£
72,545
61,244
731
29,087
13,700
-
104,762
177,307
286,582
31,378
24,263
70,272
108,528
-
-
521,023
698,330		 Resources
expended
£
(74,058)
(36,681)
-
(17,293)
(4,752)
-
(58,726)
(132,784)
(243,085)
(37,872)
(20,222)
(76,404)
(105,670)
(7,585)
(6,928)
(497,766)
(630,550)		 Transfers
£
-
-
-
-
-
-
-
-
(12,881)
-
-
-
-
-
12,881
-
-		 Balance at
31 March
2020
£
31,530
73,029
2,146
20,843
29,256
23,663
148,937
180,467
82,341
8,768
10,742
17,627
6,840
-
5,953
132,271
312,738

Page 29

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

The specific purposes for which the funds are to be applied are as follows:

Children & Young People - Restricted Fund – This restricted fund is allocated to the 20-21 school year that extends beyond our financial year and as a result, some funding is restricted to deliver programming to schoolchildren before breaking for summer.

Campaigns & Communications - Restricted Fund – This restricted fund represents a variety of wrap-up activities for commissioned Campaigns and provides resources for a variety of client groups.

Resources - Restricted Fund – This restricted fund was merged with the Campaigns & Communications Fund.. Training - Restricted Fund – This restricted fund is allocated to provide training and workforce development seminars for both Nottingham and Nottinghamshire professionals and to conclude specialised projects for STRIDE and Postcode Lottery.

Survivors & Perpetrators - Restricted Fund (formerly Men's Services) – This restricted fund will be used to provide counselling and support to male survivors of domestic abuse within Nottingham and Nottinghamshire. Business Development - Restricted Fund – This restricted fund was allocated to complete the work to fund a website enhancement to better facilitate access to Equation’s resources and services.

The unrestricted reserves for each project have been put into designated funds to reflect where the funds have come from and to further that particular project’s activities.

It is the intention that for each project, this fund will include an amount equivalent to approximately 3 months’ running costs in the event of winding up the company and to fund investment into new program development within the projects.

Children & Young People - Designated fund for monies identified as the unrestricted element of the total funds for Children & Young People.

Campaigns & Communications - Designated fund for monies identified as the unrestricted element of the total funds for Campaigns & Communications.

Training - Designated fund for monies identified as the unrestricted element of the total funds for Training. Survivors & Perpetrators - Designated fund for monies identified as the unrestricted element of the total funds for these services.

Redundancy, sickness, maternity & paternity - Funds for employment costs as stated.

During the period the Resources Fund was merged with the Campaigns & Communications Fund.

19 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted funds
General
£
Designated
£
616
-
110,404
170,019
(46,292)
-
64,728
170,019		 Restricted
funds
£
-
137,803
-
137,803		 2021
Total funds
£
616
418,226
(46,292)
372,550

Page 30

Equation Nottinghamshire

Notes to the Financial Statements for the Year Ended 31 March 2021

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted funds
General
£
Designated
£
1,213
-
43,061
148,937
(12,744)
-
31,530
148,937		 Restricted
funds
£
-
132,271
-
132,271		 2020
Total funds
£
1,213
324,269
(12,744)
312,738

20 Related party transactions

There were no related party transactions in the year.

Page 31