REGISTERED COMPANY NUMBER: 07377831 (England and Wales) REGISTERED CHARITY NUMBER: 1141744
Fishing For Forces
Trustees' Report and
Unaudited Financial Statements for the Year Ended 30 September 2020
Haggards Crowther Professional Services LLP Chartered Accountants 2nd Floor, Heathmans House 19 Heathmans Road London SW6 4TJ
Fishing For Forces
Contents of the Financial Statements for the Year Ended 30 September 2020
| Page | |
|---|---|
| Trustees' Report | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 11 |
| Detailed Statement of Financial Activities | 12 |
Fishing For Forces
Trustees' Report for the Year Ended 30 September 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2020. The trustees have adopted the provisions of 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).
ACHIEVEMENT AND PERFORMANCE
Another modest but successful year with numerous requests for fishing coming in. We seem to have the correct formula and the simplicity has worked well over the past ten years and the agenda does not require change just minor tailoring at each event. Despite even more cuts in the Armed Forces we have again managed to hold 17 events with between 15 and 20 guests at each during 19/20 before the Pandemic struck in 2020. Events as ever are mainly organised by FFF (Fishing For Forces) with the assistance of angling clubs and syndicates nationwide taking wounded, serving and veteran servicemen and women to the waterside.
The events usually start with a light breakfast followed by H&S talk then a casting instruction demonstration then we begin fishing. Lunch is also provided by FFF along with mementoes such as T shirts and baseball caps for the guests with two engraved glass tankards for the winners of the heaviest fish and heaviest bag at the weigh in. The mementoes and tankards are all provided by FFF.
Our non-angler to angler conversion rate is still climbing and can be tracked as the agreement we have with the supplier 'Glasgow Angling'. They supply a complete FFF fishing kit (both coarse and fly) to serious enquirers for £125.00 (RRP £250.00) and this arrangement has been renewed again in 2020. We are privileged this year to have been involved in the formation of the Koshi Fly Fishing Club formed by ardent angling personnel from the Queens Own Ghurkha Logistic Regiment at Aldershot .
The Charity has raised over £250,000 since it was established in 2010 with several pledges to be fulfilled although funding and sponsorship from external grant-making bodies is proving harder as more charities and good causes appear annually but our next target remains £250,000 to ensure FFF is stable nationwide for the foreseeable future.
FINANCIAL REVIEW
The charity made a surplus of £126,355 (2019: deficit £11,502) in the year which is all unrestricted in its use.
FUTURE PLANS
Following the success of our first "Fishing School" at Tedworth House Personnel Recovery Centre, using the same template we will continue until all the Ten PRC units have fishing schools. The constant changes within HMAF and the MOD make it a slow and sometimes extremely arduous task but progress is being made and 2020/21 should see more PRC's on board.
Guests from HMAF are tutored in all the disciplines of Angling which has been recently accepted by the medical profession as one of the most therapeutic hobbies aiding recovery from all wounds both physical and mentally. A quote from an eminent physician that "a day by the waterside fishing in many cases is proving better than a week's medication". That says it all in my opinion and it has proven to be a great stress buster for those from the front line whilst on rest and recuperation, allowing recovering servicemen and women to be independent and confident enough to go fishing on their own, or with a mentor if support is required.
As per last year our fundraising programme is progressing but we require serious investment if we are to reach our target of Ten "Fishing School". With several invitations to give talks and organise fishing events and mentors throughout the UK, this will require extensive travelling and overnight stay's ensuring we keep FFF in the public eye.
Page 1
Fishing For Forces
Trustees' Report
for the Year Ended 30 September 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Fishing For Forces was incorporated as company limited by guarantee on the 16 September 2010.
The companies articles state that there shall be no fewer than three trustees at any one point. Trustees are elected at general meetings and they are selected by considering the contribution they can make and the benefits they can bring to the foundation. All directors of the company must be trustees.
Appropriate procedures are in place to maintain the high quality of trustees and to ensure that they undergo such training as is necessary.
The charity is administered by its board of directors which meets regularly.
The trustees have assessed the major risks to which the charity is exposed to and are satisfied that systems are in place to mitigate exposure to those risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07377831 (England and Wales)
Registered Charity number
1141744
Registered office
2nd Floor Heathmans House 19 Heathmans Road London SW6 4TJ
Trustees
Mr W G Howell Director Mr N C Mundy Director Mr J M Neville Director Mr C E Robinson Director (deceased 12.3.21)
Independent Examiner
Andrew Haggard FCA Haggards Crowther Professional Services LLP Chartered Accountants 2nd Floor, Heathmans House 19 Heathmans Road London SW6 4TJ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................. Mr W G Howell - Trustee
Page 2
Independent Examiner's Report to the Trustees of Fishing For Forces
Independent examiner's report to the trustees of Fishing For Forces ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2020.
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
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Andrew Haggard FCA Haggards Crowther Professional Services LLP Chartered Accountants 2nd Floor, Heathmans House 19 Heathmans Road London SW6 4TJ
Date: .............................................
Page 3
Fishing For Forces
Statement of Financial Activities for the Year Ended 30 September 2020
| 30.9.20 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 152,603 Charitable activities 3 Charitable activities 15,790 Total 168,393 EXPENDITURE ON Raising funds 4 1,404 Charitable activities 5 Charitable activities 24,418 Fishing days 9,187 Total 35,009 NET INCOME/(EXPENDITURE) 133,384 RECONCILIATION OF FUNDS Total funds brought forward 9,323 TOTAL FUNDS CARRIED FORWARD 142,707 |
30.9.19 Total funds £ 18,946 12,570 31,516 1,532 26,172 15,314 43,018 (11,502) 20,825 9,323 |
|---|---|
The notes form part of these financial statements
Page 4
Fishing For Forces
Balance Sheet 30 September 2020
| 30.9.20 Unrestricted fund Notes £ CURRENT ASSETS Stocks 9 200 Debtors 10 600 Cash at bank 147,348 148,148 CREDITORS Amounts falling due within one year 11 (5,441) NET CURRENT ASSETS 142,707 TOTAL ASSETS LESS CURRENT LIABILITIES 142,707 NET ASSETS 142,707 FUNDS 12 Unrestricted funds 142,707 TOTAL FUNDS 142,707 |
30.9.19 Total funds £ 200 600 17,836 18,636 (9,313) 9,323 9,323 9,323 9,323 9,323 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr W G Howell - Trustee
The notes form part of these financial statements
Page 5
Fishing For Forces
Notes to the Financial Statements for the Year Ended 30 September 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 30.9.20 | 30.9.19 | |
| £ | £ | |
| Donations | 152,603 | 18,946 |
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Fishing For Forces
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
3. INCOME FROM CHARITABLE ACTIVITIES
| Income from charitable activities 4. RAISING FUNDS Raising donations and legacies Costs of generating income 5. CHARITABLE ACTIVITIES COSTS Charitable activities Fishing days |
30.9.20 30.9.19 Charitable Total activities activities £ £ 15,790 12,570 30.9.20 30.9.19 £ £ 1,404 1,032 Direct Support Costs costs Totals £ £ £ 3,408 21,010 24,418 9,187 - 9,187 12,595 21,010 33,605 |
|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
The Trustee Mr W G Howell received £15,000 (2019: £15,000) in salary for the year.
Trustees' expenses
The Trustee Mr W G Howell was reimbursed for expenses totalling £3,981 (2019: £5,008) for the year including £1,033 (2019: £3,934) in mileage allowance.
7. STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows: Number of administrative staff No employees received emoluments in excess of £60,000. |
30.9.20 £ 15,000 15,000 30.9.20 1 |
30.9.19 £ 15,000 |
|---|---|---|
| 15,000 | ||
| 30.9.19 1 |
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Fishing For Forces
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
| 8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 18,946 | ||
| Charitable activities | |||
| Charitable activities | 12,570 | ||
| Total | 31,516 | ||
| EXPENDITURE ON | |||
| Raising funds | 1,532 | ||
| Charitable activities | |||
| Charitable activities | 26,172 | ||
| Fishing days | 15,314 | ||
| Total | 43,018 | ||
| NET INCOME/(EXPENDITURE) | (11,502) | ||
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 20,825 | ||
| TOTAL FUNDS CARRIED FORWARD | 9,323 | ||
| 9. | STOCKS | ||
| 30.9.20 | 30.9.19 | ||
| £ | £ | ||
| Stocks | 200 | 200 | |
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.9.20 | 30.9.19 | ||
| £ | £ | ||
| Prepayments and accrued income | 600 | 600 |
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Fishing For Forces
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 30.9.20 | 30.9.19 | |||
| £ | £ | |||
| Other creditors | 3,981 | 5,008 | ||
| Wages control account | - | 691 | ||
| Accruals and deferred income | 1,460 | 3,614 | ||
| 5,441 | 9,313 | |||
| 12. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1.10.19 | in funds | 30.9.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 9,323 | 133,384 | 142,707 | |
| TOTAL FUNDS | 9,323 | 133,384 | 142,707 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 168,393 | (35,009) | 133,384 | |
| TOTAL FUNDS | 168,393 | (35,009) | 133,384 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1.10.18 | in funds | 30.9.19 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 20,825 | (11,502) | 9,323 | |
| TOTAL FUNDS | 20,825 | (11,502) | 9,323 |
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Fishing For Forces
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 31,516 | (43,018) | (11,502) |
| TOTAL FUNDS | 31,516 | (43,018) | (11,502) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.10.18 £ 20,825 20,825 |
Net movement in funds £ 121,882 121,882 |
At 30.9.20 £ 142,707 |
|---|---|---|---|
| 142,707 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 199,909 (78,027) 121,882 199,909 (78,027) 121,882 |
|---|---|
13. RELATED PARTY DISCLOSURES
At balance sheet date the company owed Mr W G Howell £3,981 (2019: £5,008). The outstanding balance is not subject to interest and is repayable on demand.
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Fishing For Forces
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
14. COMPANY LIMITED BY GUARANTEE
Fishing For Forces is a company limited by guarantee of the members and has no share capital. The members liability on the winding up of the company is limited to £10 each. The company has three members.
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Fishing For Forces
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 30 September 2020 | ||
| 30.9.20 | 30.9.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 152,603 | 18,946 |
| Charitable activities | ||
| Income from charitable activities | 15,790 | 12,570 |
| Total incoming resources | 168,393 | 31,516 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Costs of generating income | 1,404 | 1,032 |
| Other trading activities | ||
| Opening stock | 200 | 700 |
| Closing stock | (200) | (200) |
| - | 500 | |
| Charitable activities | ||
| Storage and rental | 1,800 | 1,632 |
| Mileage | 1,033 | 3,934 |
| Direct Costs of Activities | 9,187 | 15,314 |
| Travel | 575 | 1,802 |
| 12,595 | 22,682 | |
| Support costs | ||
| Management | ||
| Telephone | 1,093 | 284 |
| Postage and stationery | 443 | 307 |
| Computer Costs | 2,003 | 818 |
| 3,539 | 1,409 | |
| Governance costs | ||
| Wages | 15,000 | 15,000 |
| Accountancy and legal fees | 2,471 | 2,395 |
| 17,471 | 17,395 | |
| Total resources expended | 35,009 | 43,018 |
| Net income/(expenditure) | 133,384 | (11,502) |
This page does not form part of the statutory financial statements
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