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** **----- Start of picture text -----**
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
**----- End of picture text -----**
## **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. Switch to Edit mode, click "Edit" above this report window to change to Edit mode. ## **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: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and - 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: - (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