OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Registered charity no: 1143147 Registered company no: 07532242 (England and Wales )

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

Trustees’ Report

and

Accounts

for the financial year 1[st] April 2021 to 31[st] March 2022

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Contents

Page
Trustees' report 1 to 5
Independent examiner’s report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 to 16

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

SIGNAL FAMILY SUPPORT LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The Trustees, who are also directors of the charity for the purposes of the Companies Acct 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. 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 for the UK and Republic of Ireland (FRS 102).

OBJECTIVES AND ACTIVITIES

Aims and Objectives

The principal aims of the association continue to be:

  1. The provision of opportunities for families and interested individuals to give mutual support, informal advice, information and guidance in order to advance the wellbeing of families with children and young people (up to the age of 25 on joining) who are on the autism spectrum and live in the London borough of Lewisham.

  2. The provision or the commissioning of facilities, services and activities for the benefit of the family members.

Significant activities

During the year to 31[st] March 2022, SIGNAL Family Support Ltd carried on its usual primary purpose of providing mutual support for its members via various activities but in new and different ways because of the continuing covid-19 pandemic.

Our regular monthly evening meetings for members, with speakers covering autism-related topics, switched to Zoom from April 2020. These proved enormously successful and have a number of advantages over in-person meetings. Parents have found it easier to attend as they don’t have to travel or organise childcare; we can be more flexible in timings as we don’t have to book a venue, and it is cheaper for the same reason. It is easier for speakers and has enabled us to book speakers from further afield, including the USA, which we wouldn’t normally be able to do. We can also record the sessions so that those who can’t attend are able to view the presentation at their convenience. Numbers attending are at least double what they would be at in-person meetings and we are intending to keep holding some meetings this way for the foreseeable future.

In addition, as covid restrictions are lifted, we are returning to some in-person meetings, but these will be of the type where members meet to talk with each other rather than listen to a speaker.

Monthly coffee mornings for parents proved more of a challenge. However, from May 2021 we started holding outdoor meet-ups and in November 2021 we held our first indoor coffee morning. Sadly these went into abeyance again until October 2022, but we will be reinstating a monthly schedule of coffee mornings, including one every other month at a local children’s centre in order to provide a neutral space for parents to meet.

1

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Our weekly trampolining and swimming classes were both suspended from March 2020 and our trampolining venue was subsequently closed down. However, trampolining classes were restarted in June 2021 at a new venue within the borough and these continue to be well-attended, with a waiting list in place. In January 2022 we were finally able to restart our weekly swimming classes. These are very popular and there is a long waiting list. We are investigating ways of increasing our capacity to allow more children to take part.

Our usual annual Family Summer Party didn’t take place in 2020 or 2021 due to covid restrictions and uncertainty, but we were able to hold it in July 2022 at our usual venue in Ladywell with the regular attractions such as a bouncy castle, the Engine Shed, raffle, arts & crafts and food.

Our Teen Group was able to keep running throughout the year on a weekly basis via Zoom, providing a facilitated social get-together for SIGNAL members aged between 13 and 19. From June 2021 the group returned to its physical venue at a local café on Monday evenings and includes organised activities, such as board games and pizza-making, as well as informal chat, games and so on. Once a month we hold the session via Zoom for those who prefer to interact that way, and as often as possible we try to have the zoom link open at our in-person sessions for those who can’t attend.

From September 2020 we have been offering a weekly yoga class via Zoom on Tuesday evenings. This has proved very popular and continues to be well-attended by parents and children each week.

Following on from our very successful mental health project in 2021, we have secured funding to extend the project in collaboration with The Deborah Ubee Trust to provide mental health support for some of our adult members and also some of our young people.

Having been unable to run any of our family day trips and outings since April 2020 due to the pandemic, we were able to restart the programme in October 2021. Sadly our Xmas 2021 panto outing was cancelled by the theatre due to covid in the cast, but since then we have run successful trips to the Planetarium in Greenwich, Diggerland in Kent, the London Eye and Southend.

Our private Facebook group continues to be a welcoming, supportive and active space for our members. It provides a lifeline for many.

SIGNAL has maintained a strong local presence and continues to work closely with the Local Authority and other agencies to support families affected by autism in Lewisham which, as a borough, has the highest ASD diagnosis rate of young people in England.

Volunteers

We would like to thank our volunteers who have generously donated their time and talents to the charity through what have been extremely trying times.

In 2022, two of our long-standing trustees resigned to move on to other things. Five new trustees signed up, giving us a total of eleven.

2

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

FINANCIAL REVIEW

SIGNAL Family Support was in a healthy financial position as at 31[st] March 2022 in terms of covering existing costs and continues to be; total expenditure £60,125 (2021: £44,922). Our income of £69,677 (2021: £67,376) relies on a number of funding organisations whom we mention below. Our fundraiser works hard to maintain these relationships and to seek new funding sources for both our ongoing and our new projects.

A smaller source of income (approx. £3k pa) comes from membership fees. Pre-pandemic, the membership year ran from 1st April each year but it was decided in March 2020 not to ask for any membership fees for the year commencing 1[st] April 2020 as it didn’t feel reasonable to ask families for money at a time when not only were our activities severely curtailed, but many of them were suffering reduced income due to the pandemic. We also waived the fee for the year commencing 1[st] April 2021 for the same reasons. In 2022 the trustees decided to reinstate the membership fee. We started charging new members a fee on joining from March 2022, and the renewal process was restarted in October 2022 (a shift of 6 months from the previous timetable, for administrative purposes).

Principal funding sources

A big thank you to BBC Children in Need, National Lottery Community Fund, London Community fund, the City of London and Children First Lewisham for their continued support of our activities, plus all members and supporters who donated throughout the year, including St Hilda’s parish church in Crofton Park and The Embers folk band who have raised over £3k for SIGNAL since September 2020.

Reserves policy

The charity aims to maintain unrestricted reserves equivalent to 3 months’ operating costs. For a normal year this is considered to be approximately £21,000. This has been maintained throughout the reporting period and the period up to the signing of the accounts. It is not anticipated that this policy will need to be changed in the foreseeable future.

FUTURE PLANS

Although the covid-19 pandemic is not over, we are now able to run most of our regular activities again. Over the coming months we are planning to get our expanded mental health project up and running, as well as increasing our capacity for our swimming classes. Coffee mornings, evening meetings and trips will once again be regular events.

3

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and is a company limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity no: 1143147

Registered company number: 07532242 (England and Wales)

Registered office: Hatcham Oak Children’s Centre, 29 Wallbutton Road, London SE4 2NX

Trustees

S Gregory Chair H Jin Treasurer appointed 7[th] August 2022 N Ballard S Edwards J Higgins G Nwaordu I Sinclair J Alaszewski appointed 9[th] September 2022 A McKinnon appointed 11[th] August 2022 Y Welch appointed 11[th] August 2022 T Jakubowiczova appointed 19[th] August 2022 K Mantle resigned 25[th] November 2022 K Cody resigned 24[th] June 2022

Independent examiner

Kathleen Moss ACMA, CGMA

Kathleen Moss Limited 48 Lawn Terrace London SE3 9LP

4

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees (who are also directors of SIGNAL Family Support Ltd for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the Board of Trustees on 12 December 2022 and signed on its behalf by

Chair of Trustees: S Gregory S Gregory Treasurer: H Jin H Jin

5

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

Independent Examiner's Report

To the Trustees of SIGNAL Family Support Limited

I report on my examination of the financial statements of the charitable company SIGNAL Family Support Ltd for the year ended 31st March 2022, which comprise the Statement of Finacial Activities, the Balance Sheet and related notes.

Responsibilities and basis of report

As the charity 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 company’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 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.

Kathleen Moss ACMA, CGMA

Kathleen Moss Limited

48 Lawn Terrace London SE3 9LP

Dated: 12 December 2022

6

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

Statement of Financial Activities

(including Income and Expenditure Account) For the year ended 31st March 2022

Unrestricted Unrestricted Restricted Restricted Total funds Total funds Unrestricted Unrestricted Restricted Restricted Total funds Total funds
funds funds 2022 funds funds 2021
Income Notes £ £ £ £ £ £
Donations and legacies 3 10,140 - 10,140 6,064 - 6,064
Charitable activities 4 6,199 53,338 59,537 524 60,788 61,312
Total income 16,339 53,338 69,677 6,588 60,788 67,376
Expenditure: 5
Raising funds 6,092 - 6,092 1,170 5,338 6,508
Charitable activities 6,922 47,111 54,033 - 43,752 43,752
Total expenditure 13,014 47,111 60,125 1,170 43,752 44,922
Net income/(expenditure) 3,325 6,227 9,552 5,418 17,036 22,454
Net income/(expenditure) and net movement in
funds for the year 3,325 6,227 9,552 5,418 17,036 22,454
Reconciliation of funds
Total funds brought forward 28,504 62,466 90,970 23,086 45,430 68,516
Total funds carried forward £ 31,829 £ 68,693
 £ 100,522
 £ 28,504
 £ 62,466 £ 90,970

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

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

The notes on pages 8 to 16 form part of these accounts.

7

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Balance Sheet As at 31st March 2021

Note
Fixed assets
Tangible Assets
8
Current assets
Debtors
Cash at bank and in hand
Liabilities:
Creditors: Amount falling due within one year
9
Net current assets / (liabilities)
Net assets
The funds of the charity:
10
Restricted income funds
11
Unrestricted income funds
11
General reserve
Total charity funds		 2022
£
-
-
105,319
105,319
4,797)
(
100,522
100,522
68,693
31,829
100,522		 2021
£
80
-
93,455
93,455
2,565)
(
90,890
90,970
62,466
28,504
90,970

The charity is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31st March 2022. No member of the charitable company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.

The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with sections 386 and 387 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the charitible company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The notes on pages 8 to 16 form part of these accounts.

12 December 2022

The accounts were approved by the Board on ……………………….

....................................................... S Gregory ..................................S Gregory Trustee Name

Charity Registration No. 1143147 Company Registration No. 07532242

8

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31st March 2022

1 Statutory information

SIGNAL Family Support Ltd is a charitable company, limited by guarantee, registered in England and Wales number 07532242, charity number 1143147. The charitable company’s registered office address is Hatcham Oak Children's Centre, Wallbutton Road, London, SE4 2NX. The registered office is the principle place of business. The functional currency is sterling.

2

Accounting policies

2.1 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) (Charities SORP FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2.2 Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

2.3 Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The charitable company can comfortably operate based on confirmed funding along with sufficient reserves.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Covid-19 had a massive impact on the activities of the charitable company. The trustees took advantage of the Government fulough scheme and then the flxible furlough scheme, allowing activities to be taken online where possible andresumed when safe.

2.4 Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Where donations and grants are restricted to future accounting periods, they are deferred and recognised in those future accounting periods. Grants for immediate financial support and assistance, or to reimburse costs previously incurred, are recognised immediately.

Income from charitable activities comprises swimming, trampolining, dramatherapy and trips which are included when receivable.

2.5 Interest receivable

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

2.6 Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

9

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

2.7 Expenditure and basis of apportioning costs

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis with the irrecoverable element of VAT included with the item to which it relates and has been classified under headings that aggregate all costs related to the category. Expenditure is classified under the following activity headings:

Raising funds: Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Charitable activites: Expenditure on charitable activities includes the costs of delivering services and other activities undertaken to further the purposes of the charity and their associated support costs.

2.8 Tangible fixed assets and depreciation

The charitable company operates a policy of capitalising fixed asset items over £500. Tangible

fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. The principal annual rates used for this purpose are:

Computer Equipment

25% on cost

2.7 Leasing and hire purchase commitments

Rental charges are charged on a straight line basis over the term of the lease.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

The trustees seek to use short term deposits to maximise the return on monies held at the bank and to manage cash flow.

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 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.

2.10 Creditors and provisions

Creditors and provisions are recognised where the charitable company 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.

2.11 Fundraising

Funds are raised through individual donations, grants from Trusts, Foundations and Government grants and contracts. Some fundraising events have also been carried out. SIGNAL Family Support Ltd employs a 3rd party fundraiser to assist with raising grant funding.

2.12 Pensions

The charitable company operates an Auto Enrolment defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they are incurred.

10

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

3
Donations and legacies
Donations & fundraising events
Membership subscriptions
Donations and legacies - prior year
comparative
Donations & fundraising events
Membership subscriptions
4
Income from charitable activities
The National Lottery Fund
BBC Children in Need
Job Retention Support
Children First Lewisham
City of London
Project fees
Trips
Trampolining/Swimming
Income from charitable activities - prior year
comparative
London Community Fund - COVID response
The National Lottery Fund -COVID response
BBC Children in Need - COVID response
Job Retention Support
City of London
Project fees
Trips
Trampolining		 Unrestricted
Restricted
Total
2022
£
8,840
-
8,840
1,300
-
1,300
10,140
-
10,140
Unrestricted
Restricted
Total
2021
£
4,889
-
4,889
1,175
-
1,175
6,064
-
6,064
Unrestricted
Restricted
Total
2022
£
-
6,960
6,960
-
20,263
20,263
-
4,965
4,965
-
21,150
21,150
-
-
-
134
-
134
1,225
-
1,225
4,840
-
4,840
6,199
53,338
59,537
Unrestricted
Restricted
Total
2021
£
-
7,025
7,025
-
14,050
14,050
-
22,869
22,869
-
7,244
7,244
-
9,600
9,600
460
-
460
-
-
-
64
-
64
524
60,788
61,312

11

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

5 Analysis of expenditure

Cost of raising Charitable Governance
funds activities costs 2022 Total
£ £ £ £
Fundraising 5,924 - - 5,924
Staff costs - 21,424 - 21,424
Swimming - 4,189 - 4,189
Trips (refund for cancelation) - 5,940 - 5,940
Trampolining - 8,486 - 8,486
Office & administration - 2,003 - 2,003
Teens group - 6,733 - 6,733
Parents' meetings/family activities - 1,297 - 1,297
Yoga 1,960 - 1,960
Newsletter - 431 - 431
Depreciation - 80 - 80
Insurance - - 521 521
Legal - - - -
Training - - - -
Independent Examination 2022 - - 780 780
Payroll service - 357 357
Governance costs
Total 5,924 52,543 1,658 60,125
Governance costs 168 1,490 (1,658) -
Total expenditure 2022 6,092 54,033 - 60,125
Unrestricted Restricted Total
Of the total expenditure: 2022 13,014 47,111 60,125
2021 1,170 43,752 44,922
Analysis of expenditure - prior year comparative
Cost of raising Charitable Governance
funds activities costs 2021 Total
£ £ £ £
Fundraising 6,281 - - 6,281
Staff costs - 18,589 - 18,589
Mental Health project 11,500 11,500
Swimming - 1,071 - 1,071
Trips (refund for cancelation) - - 802
 - (802)
Trampolining - 39 - 39
Office & administration - 729 - 729
Teens group - 2,720 - 2,720
Parents' meetings/family activities - 909 - 909
Yoga 1,360 1,360
Newsletter - 150 - 150
Depreciation - 79 - 79
Insurance - - 510 510
Legal - - 13 13
Training - 733 - 733
Independent Examination 2021 - - 780 780
Payroll service 261 261
Total 6,281 37,077 1,564 44,922
Governance costs 227 1,337 (1,564) -
Total expenditure 2021 6,508 38,414 - 44,922

12

8 Tangible fixed assets

SIGNAL FAMILY SUPPORT

(Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

6 Net income for the year

The net income for the year is stated after charging:
Independent Examination
7
Staff costs
Staff costs during the year were:
Salaries and wages
Social Security costs
Employer’s contribution to defined contribution pension schemes
Number of employees
The average monthly number of employees during the year were:
Administration
Depreciation of tangible fixed assets owned by the
charitable company		 2022
2021
£
£
80
79
780
780
2022
2021
£
£
20,800
18,066
-
-
624
523
21,424
18,589
2022
2021
1
1

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

The key management personnel of the charitable company were the Trustees. Total employee benefits paid to key management personnel were nil (2020: nil).

Cost:
At 31 March 2022
Depreciation:
At 1 April 2021
Charge for year
On disposals
At 31 March 2022
Net book value:
At 31 March 2022
At 31 March 2021		 Equipment
£
2,376
2,296
80
-
2,376
-
79

13

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

9 Creditors
Amounts falling due within one year:
2022 2021
£ £
Social Security and other taxes 249 251
Pension 121 121
Accruals & other creditors 4,427 2,193
4,797 2,565
10 Analysis of net assets between funds
Unrestricted Restricted Total
Funds Funds Funds
£ £ £
Fund Balances at 31 March 2022 are represented by:
Tangible Fixed Assets 0 0 0
Current Assets 36,626 68,693 105,319
Creditors: Amounts falling due within one ye (4,797) - (4,797)
Total net assets 31,829 68,693 100,522
Analysis of net assets between funds -prior year comparative
Unrestricted Restricted Total
Funds Funds Funds
£ £ £
Fund Balances at 31 March 2021 are represented by:
Tangible Fixed Assets 11 69 80
Current Assets 31,058 62,397 93,455
Creditors: Amounts falling due within one ye (2,565) - (2,565)
Total net assets 28,504 62,466 90,970

14

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

11 Funds

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

Restricted Funds
COVID-Teen Group
Swimming
Yoga
Trips
Trampolining
Financial/information/Gov
ernance
Administrator
Job Retention Support
Total Restricted Funds
Unrestricted funds:
General funds
Total funds		 At
Incoming
Outgoing
Transfer
between
funds
At
01-Apr
31-Mar
2021
2022
£
£
£
£
3,392
6,960
6,733)
(
-
3,619
9,260
-
4,189)
(
-
5,071
8,540
-
1,960)
(
( 5,340)
1,240
13,728
10,132
5,941)
(
-
17,919
7,034
9,000
8,485)
(
5,340
12,889
516
12,150
4,349)
(
-
8,317
19,996
10,131
10,489)
(
-
19,638
-
4,965
4,965)
(
-
62,466
53,338
(47,111)
-
68,693
28,504
16,339
(13,014)
-
31,829
90,970
69,677
(60,125)
-
100,522

Restricted Funds - description

The activities that SIGNAL Family Support members can access are supported by restricted funding where possible. Funding is sought from various Trusts and Funds. Most recently BBC Children in Need, London Community Fund, Children First Lewisham, Merchant Taylors and National Lottery have granted funds to support activities.

SIGNAL secured several COVID emergency response funds and took advantage of the CJRS funds available for the member of staff furloughed due to COVID related lockdowns and being unable to carry out normal duties.

Funds - prior year comparative

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

Restricted Funds
COVID-Teen Group
Mental Health Project
Swimming
Horse Riding
Yoga
Trips
Trampolining
Financial/information
Administrator
Job Retention Support
Total Restricted Funds
Unrestricted funds:
General funds
Total funds		 At
Incoming
Outgoing
Transfer
between
funds
At
01-Apr
31-Mar
2020
2021
£
£
£
£
-
5,638
( 2,246)
3,392
-
9,600
( 11,500)
1,900
-
10,133
-
( 873)
9,260
9,900
-
-
( 9,900)
-
-
-
( 1,360)
9,900
8,540
12,925
-
803
13,728
7,073
-
( 39)
7,034
2,493
1,980
( 3,957)
516
2,906
36,326
( 17,336)
( 1,900)
19,996
-
7,244
( 7,244)
-
45,430
60,788
(43,752)
0
62,466
23,086
6,588
(1,170)
0
28,504
68,516
67,376
(44,922)
-
90,970

15

SIGNAL FAMILY SUPPORT (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

12 Taxation

The charitable company is registered as a charity and all of its income falls within the exemptions under Part 11 of the Corporation Tax Act 2010.

13 Related parties

There are no related party transactions to disclose for 2022 (2021: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

14 Trustees

None of the trustees (or any person connected with them) received any remunerations from the charity during the year. No reimbursements were made to trustees in 2022 (2021 none) for travelling and other expenses and no payments were made direct to third parties.

15 Pension and other post-retirement benefit commitments

Pension and other post-retirement benefit commitments
Defined contribution 2022 2021
£ £
Contributions payable by the company for the year 624 523

At 31 March 2022 £121 was outstanding, paid in April 2022.

16 Contingent assets or liabilities

There are no contingent assets or liabilities at March 2022 (2021:Nil).

17 Professional indemnity insurance

The charitable company has insurance to protect it from loss arising from the neglect or defaults of its Trustee, employees and agents and to indemnify the Trustees or other officers against the consequences of any neglect or default on their part. The insurance premium paid by the charitable company during the year totalled £521 (2021: £510).

18 Liability of members

SIGNAL Family Support Ltd is a company limited by guarantee and has no share capital. In the event of the company being wound up, the liability of the members is limited to £1 each.

19 Ultimate controlling party

The charitable company was under the control of the trustees during the period under review. There is no single ultimate controlling party.

16