Company registration number: 05334328 Charity registration number: 1144376
North Somerset Mencap (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 June 2023
Phoenix Global Advisory Group Limited 4 Yeo Bank Business Park Kenn Road Clevedon North Somerset BS21 6UW
North Somerset Mencap
Contents
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Reference and Administrative Details 1
Trustees' Report 2
Independent examiner's report 3
Statement of financial activities 4
Balance Sheet 5
Notes to the financial statements 6 to 10
The following pages do not form part of the statutory financial statements:
Statement of financial activities per fund 11 to 12
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North Somerset Mencap Reference and Administrative Details
| Charity name | North Somerset Mencap | |
|---|---|---|
| Charity registration number | 1144376 | |
| Company registration number | 05334328 | |
| Principal office | Nut Tree House | |
| Badgworth | ||
| Axbridge | ||
| Somerset | ||
| BS26 2QJ | ||
| Registered office | Nut Tree House | |
| Badgworth | ||
| Axbridge | ||
| Somerset | ||
| BS26 2QJ | ||
| Trustees | Mr Glenn Twiselton, Treasurer | |
| Mrs Jane Bourn | (resigned 1 July 2023) | |
| Mrs Anita Fay Brown | ||
| Mr Nick Fuller, Chairperson | ||
| Mr Russell Hill | ||
| Mrs Margery Twiselton | ||
| Secretary | Mr Glenn Twiselton, Secretary | |
| Bankers | Lloyds Bank | |
| PO Box 1000 | ||
| Andover | ||
| BX1 1LT | ||
| Accountant | Phoenix Global Advisory Group | Limited |
| 4 Yeo Bank Business Park | ||
| Kenn Road | ||
| Clevedon | ||
| North Somerset | ||
| BS21 6UW |
Page 1
North Somerset Mencap
Trustees' Report
The Trustees Report should go here.
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Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on 21 March 2024 and signed on its behalf by:
......................................... ......................................... Mr Glenn Twiselton Mr Nick Fuller Trustee Trustee
Page 2
Independent Examiner's Report to the Trustees of
North Somerset Mencap
I report on the accounts of the company for the year ended 30 June 2023, which are set out on pages 4 to 10.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Nicholas Williams Phoenix Global Advisory Group Limited
4 Yeo Bank Business Park Kenn Road Clevedon North Somerset BS21 6UW
21 March 2024
Page 3
North Somerset Mencap
Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 30 June 2023
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Investment income 3 Incoming resources from charitable activities 4 Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income 5 Charitable activities 5 Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 26,349 - - 26,349 19,503 151 19,654 6,695 360,777 367,472 |
Restricted Funds £ - - - - - - - - 2,004 2,004 |
Total Funds 2023 £ 26,349 - - 26,349 19,503 151 19,654 6,695 362,781 369,476 |
Total Funds 2022 £ 1,488 48 33,225 |
|---|---|---|---|---|
| 34,761 | ||||
| - 19,260 |
||||
| 19,260 | ||||
| 15,501 344,780 |
||||
| 360,281 |
The notes on pages 6 to 10 form an integral part of these financial statements.
Page 4
North Somerset Mencap (Registration number: 05334328)
Balance Sheet as at 30 June 2023
| Note Fixed assets Tangible assets 8 Current assets Investments 9 Cash at bank and in hand Creditors: Amounts falling due within one year 10 Net current assets Net assets The funds of the charity: Restricted funds Unrestricted funds Revaluation reserve Unrestricted income funds Total unrestricted funds Total charity funds |
2023 £ £ 300,000 27,000 43,436 70,436 (960) 69,476 369,476 2,004 238,000 129,472 367,472 369,476 |
2022 £ £ 300,000 27,000 36,590 63,590 (3,309) 60,281 360,281 2,005 238,000 120,276 358,276 360,281 |
2022 £ £ 300,000 27,000 36,590 63,590 (3,309) 60,281 360,281 2,005 238,000 120,276 358,276 360,281 |
|---|---|---|---|
| 360,281 | |||
| 2,005 358,276 |
|||
| 360,281 |
For the financial year ended 30 June 2023, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and with the Financial Reporting Standard for Smaller Entities (effective April 2008 January 2015).
Approved by the Board on 21 March 2024 and signed on its behalf by:
......................................... ......................................... Mr Glenn Twiselton Mr Nick Fuller Trustee Trustee
The notes on pages 6 to 10 form an integral part of these financial statements.
Page 5
Notes to the Financial Statements for the Year Ended 30 June 2023
North Somerset Mencap
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Further details of each fund are disclosed in note 13.
Incoming resources
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs associated with attracting voluntary income.
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.
Fixed assets
Individual fixed assets costing £0 or more are initially recorded at cost.
Depreciation
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:
Freehold interest in land and buildings 0% straight line basis (including heritage
Page 6
North Somerset Mencap
Notes to the Financial Statements for the Year Ended 30 June 2023
......... continued
2 Voluntary income
| Unrestricted Funds £ Donations and legacies Appeals and donations 500 Subscriptions 945 Interest on cash deposits 525 Letting of non-investment property in furtherance of the charity's objects 24,379 26,349 3 Investment income Unrestricted Funds £ Interest on cash deposits - 4 Incoming resources from charitable activities Unrestricted Funds £ Charitable activity 1 Letting of non-investment property in furtherance of the charity's objects - |
Restricted Funds £ - - - - - Restricted Funds £ - Restricted Funds £ - |
Total Funds 2023 £ 500 945 525 24,379 26,349 Total Funds 2023 £ - Total Funds 2023 £ - |
Total Funds 2022 £ 557 931 - - |
|---|---|---|---|
| 1,488 | |||
| Total Funds 2022 £ 48 |
|||
| Total Funds 2022 £ 33,225 |
Page 7
North Somerset Mencap
Notes to the Financial Statements for the Year Ended 30 June 2023
......... continued
5 Total resources expended
| Total resources expended | |||
|---|---|---|---|
| Direct costs Cost of goods sold Establishment costs Repairs and maintenance Printing, posting and stationery Auditors' remuneration Legal and professional costs Bank charges |
Donations and legacies £ 3,189 6,526 8,440 12 960 279 97 19,503 |
Charitable activity 1 £ - - - - 160 - (9) 151 |
Total £ 3,189 6,526 8,440 12 1,120 279 88 |
| 19,654 |
6 Trustees' remuneration and expenses
No trustees received any remuneration during the year.
7 Taxation
The company is a registered charity and is, therefore, exempt from taxation.
Page 8
North Somerset Mencap
Notes to the Financial Statements for the Year Ended 30 June 2023
......... continued
8 Tangible fixed assets
Freehold interest in land and buildings (including heritage assets) £
Cost or Valuation
| As at 1 July 2022 and 30 June 2023 Net book value As at 30 June 2023 As at 30 June 2022 |
300,000 300,000 300,000 |
|---|---|
9 Current asset investments
| Cash deposits All current asset investments were held in the UK. |
2023 £ 27,000 |
2022 £ 27,000 |
|---|---|---|
10 Creditors: Amounts falling due within one year
| Trade creditors Accruals and deferred income |
2023 £ - 960 960 |
2022 £ 3,309 - |
|---|---|---|
| 3,309 |
11 Members' liability
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the charity in the event of liquidation.
Page 9
North Somerset Mencap
Notes to the Financial Statements for the Year Ended 30 June 2023
......... continued
12 Related parties
Controlling entity
The charity is controlled by the trustees who are all directors of the company.
13 Analysis of funds
| General Funds Unrestricted income fund Restricted Funds Restricted Funds Net assets by fund Tangible assets Current assets Creditors: Amounts falling due within one year Net assets |
At 1 July 2022 Incoming resources Resources expended £ £ £ 360,777 26,349 (19,654) 2,004 - - 362,781 26,349 (19,654) Unrestricted Funds Restricted Funds Total Funds 2023 £ £ £ 300,000 - 300,000 68,431 2,005 70,436 (960) - (960) 367,471 2,005 369,476 |
At 1 July 2022 Incoming resources Resources expended £ £ £ 360,777 26,349 (19,654) 2,004 - - 362,781 26,349 (19,654) Unrestricted Funds Restricted Funds Total Funds 2023 £ £ £ 300,000 - 300,000 68,431 2,005 70,436 (960) - (960) 367,471 2,005 369,476 |
At 30 June 2023 £ 367,472 2,004 |
|---|---|---|---|
| 369,476 | |||
| Total Funds 2022 £ 300,000 63,590 (3,309) 360,281 |
|||
14 Net assets by fund
Page 10
North Somerset Mencap
Statement of financial activities by fund Year Ended 30 June 2023
| Incoming resources Incoming resources from generated funds Voluntary income Investment income Incoming resources from charitable activities Total incoming resources Resources expended Costs of generating funds Costs of generating voluntary income Charitable activities Total resources expended Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted income fund 2023 £ 26,349 - - 26,349 19,503 151 19,654 6,695 360,777 367,472 |
Unrestricted income fund 2022 £ 1,488 48 33,225 |
|---|---|---|
| 34,761 | ||
| - 19,260 |
||
| 19,260 | ||
| 15,501 342,775 |
||
| 358,276 |
This page does not form part of the statutory financial statements.
Page 11
North Somerset Mencap
Statement of financial activities by fund Year Ended 30 June 2023
| ......... continued Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Restricted Funds 2023 £ - 2,004 2,004 |
Restricted Funds 2022 £ - 2,005 |
|---|---|---|
| 2,005 |
This page does not form part of the statutory financial statements.
Page 12