CHARITY COMMISSION ANNUAL REPORT OCTOBER 2020-SEPTEMBER 2021
2021 was our 10[th] Anniversary (tin) year. Our Celebration was postponed due to Covid. It was marked with our 10:10 Pledge when 10 local businesses (which increased to 13) donated £100 to the charity and our beneficiaries decorated tin cans for people to fill with 10p coins.
It was our most challenging year, not only because of Covid restrictions resulting in closing the Café for a few months and moving activities online but also because of record numbers of beneficiaries (82), an increase of 80%.
In January, our Support Worker, Bev, changed her role to Deputy Project Manager. We have benefitted from her experience in training our beneficiaries and staff, building our team of befrienders, providing a programme of activities for our beneficiaries and supporting our Project Manager.
This year we have also benefitted from having a Marketing Assistant, Tracie who has raised awareness of the Project. Events included Chatty Tables, Café Church, Books Brews and Reviews, Elderly lunch club and Citizen’s Advice weekly drop-in.
Our Café Supervisor, Anne-Marit maintained contact with our Café volunteers during lockdown, hosting Friday Friends zoom sessions with our 2 European volunteers doing quizzes and chats.
In May the Café reopened and Risk Assessments were done to ensure the public, volunteers and staff’s safety. We held a stakeholders meeting to showcase the work of our 2 year Intergenerational project, Chatterbox. 20 participants enjoyed the presentation and buffet lunch, adding to evaluations.
We held our Vision Day in June which focussed on bringing hope, developing a godly vision, daring to dream and defending, defining and declaring the dream – leading to further business planning later in the year.
Our lead Support Worker, Megan increased her hours and was joined by a new Support Worker, Tracey. Work was done to exit some of our long-term beneficiaries to make room for new ones, some becoming volunteers in the Café and reducing our maximum number to 50. Services provided included Take-Away Christmas meal, gifts from Lions Club and Wardrobe Foundation, 2 art therapy sessions, one online and one face to face, 2 Happiness courses, Pattern Changing course, Keys to Freedom course, Wellbeing Month training
from BCHA, continued 1:1 support and referral to professional counselling using joint funding with Relate.
We are very grateful to all our many partners and donors. Our Project Manager, Liz, has worked hard networking to develop further links and giving talks via zoom and in person, encouraging more volunteering, managing safeguarding, room hire and training whilst overseeing staff and activities during a very busy year.
We thank the Lord for His provision and blessing this year and continue to look to Him for clear direction as we seek to grow and develop the Charity in 2022.
Company re8isbation numbrr 07789396 Charity regtstraiion oumber.. 1145718 Water Lily Project (A company linjited by share CAPÉtal) Annual Report and Financial Stsiements for thc Year Ended 30 S¢ptember 2021 Oak A¢counting Ltd Indepcndent examiner 27 B&scoli Road Wallisdown BouTncmoLtth Dor5Ct BHII 8RJ
Water Lily Project Contents Rcference and Athninistrative Detsils S(atemcnt of Trlee8, R¢5ponsibilitses Indepet¢t Examinees Report Statcment of Finan¢ia] Activtlics Balance Sheet Notes to th¢ Finan¢ial Statements 6t0 12
Water Lily Pn)jeet Reference and Admillistrtive Details Trustees Mrcolin David Be]]nett Janette Crawford. Tjraswer Susan Daly. Chair Susan Hill Hannah Farrow Robin C(KTrper 131 Bamck Road Christchurch Prlllfipal Offlce BH23 2A W The ¢harity is incorporated it) England. 07789396 Comp4ny Reglstratlon Nurnber Clarlty Reglitrtl•n Number 1145718 Indryendent Examlner Oak A¢cow)ting Ltd Indepcndenl examiner 27 Bascolt Road Wallisdown Bournemouth BHI 18RJ Pggc I
Water Llly Projeet Statement of Trustees, Re5pon8ibilitie$ The trustees (who Are a150 the directors of Water Lily Pwject for the purpost5 of cotnpany lawl are r¢srthisible for prcparing thc finJtt¢ial sta*ments in accordan¢¢ with the United Kingdom Accounting Stttndards (United Kingdom Gcncr4lly Acccpied Aceounting Practice) and applicable law attd regulaiioDs. Compatty law requirc8 the tnL%tecs to prepare flnancial $tat¢ments for cach financial yw. Under company law the trustees must not approve thc financial 5tatem¢nts unless they ajy 5atisfJcd that they givc a true and fair view of the slate of affatrs of the charitable company and of its incoming Te50urce5 and application of rc501]rcc5. itlcluding its in¢tsmc and expenditLwe, for Ihjt peri1. In preparing these firwicial statements. the tru8tces are rquircd to.. sele¢i suitable accounting policies and apply them consistently. Obse the methods and principles in thc Charities SORP. make judgements and e5tirnates that& rcaBoaabl¢ and pwdent" st&te whcther ¥pplicable UK Accounting Standards have been followe4 subject to Any material departures disclosed and explained in the finwJ¢ial ststements- atjd preparc the fillaneial 5tatemertts on the going eonccrn basis unles5 Ét is inappropriatc to presume that the charitablc company will continue in b$IneI. Th¢ (TU5tces are responsible for kccpin8 adcquate accounting records that are lfi¢l¢nt to show and explain the charithblc companls transaetiot)s and dtstlose with rc&8onablc accuracy at any time the finanGial position of the charitable tompatty and ettabic them to ensujr that the financiaj siatCTnents cotnply with thc CompaniLs Act 2006. They are also sponsible for srtfeguarding the assets of the chaTitsble Company and hence for thking rcasonable steps for the pr¢ventioft and deicction of ar other iTrcgulaTities. Approvcd by the tnJstee8 of the charity on 8 November 2021 and signol tsn its Fthalf by: Susan Daly Trustee Page 2
Water Lily Project Independent Examinerls Report to the trystee$ of Water Lily Projett J rqM>rt to the rhaTily truslees OTL my ex2mi#ation of the accounts of the elwity for the year ¢nd 30 September 2021 which Jue sei out on pages 4 to 12. Re5pe¢tlwe respo4bIlItIeS of trnstees and examlner As the charity's trustccs of Water Lily Projert18nd a]so its dir¢¢tors for the purposes of company law) you arc respon5iblc for thc prepardtiotl of the accounts in ty¢¢ordart¢¢ with the requiremcnL8 of thc Companics Act 2006 {'the 2006 Act.). H&ving satisfied myself the 4Lc¢ounts of Water Lily Projcci are noi rcquircd to bc auditcd under Part 16 of the 2006 Act and arc eliwble for indq)endent cxamination, I rcport in SpeCt of my examination of your charity's accounts as carricd out undcr 5¢Ction 145 of the Charities Ad 2011 I'the 2011 Act,). In CaltIg out my Cxamination I have followed th¢ Direction$ given by ihe Charity commi10n under section 145(5)(bl of the 2011 A¢L Jndependtnl ex4tser.S $tttment J have complekd my examiTration. I confirni that no TnatteTS have Come to my attention in conne£tion with the examination giving mc causc to believe.. accounting rOrdS wer¢ not kept in respect of Water Lily Project a5 Tequircd by section 386 of the 2006 2. Ihe accounts do not accord with those records,. or 3. the OUnt do not tornply with the accounting rcquircments of section 396 of th¢ 2006 Ad other tha any TCqUtTcmcnt that the Gonts give a'true and fair vi¢w' which is not a malter COTL5idercd part of a ind¢p¢ndcnt examiNtioft' or 4. the accounts have not b¢¢n prepared in accordance with mcthods aTLd principles ofthe Statement of R¢GomTncndcd PTrrtir¢ for n¢¢owJtinb attd re]x)rting by chariticB lappli<ablc to charitics preparing thcir ac¢ourtts itt attordance with the Financial Reporting Standard applicable in thc UK and Republic of IrcIat IFRS 10211. I have no ronfj¢rn5 and httve fQTn¢ rosS no other matters in contteclion with the examinalion to which attention should be drawn kn this Ter in ordcrto ctlablc a propcr undcTStanding of th¢ arcounts to br aChed. Suc Winilc Ind¢pertdent ex8miner Associatiott of Accouniin8 TtchniciarL 27 Bascoti Road Wallisdown BourncTnouth Dorset BHII 8RJ 8 November 2021 PY4gc 3
Water Lily Project Statement of Financial Aetivities for the Year Ended 30 September 2021 (Including Incom¢ and Expenditure Account And Statement of Total Recognised Gains gnd Losses) T•tal 21)21 Tot1 21120 Unre8trlcted Restrkted Note Intoiiie 8Dd FlldosvmeDts frorn: Donations thrtd legactes Charitable activiti¢8 Investment in¢ome 23,843 51.163 75.006 108,681 13,054 Totsl Income 35.458 51,163 86,621 121.742 EJpendlture on: Rai8ing funds Charilable 8¢tivities {424} 34,832} (4241 {108,410 {976) 72.708 (73.578) Total Exp¢nditUTe Net incomel(¢xpcnditUTe) Tr2n4fer5 bctwcen fullds 35,256 73.578 {108,834 73.684 202 {3.059) 122.415) 3,059 (22.213) 48,058 Nct movem¢nt in funds (2.857) (19.356) {22,213) 48.058 Retonclliation of fund Totsl funds brought foThvaTd Total fimds carried foNard 25,106 31.044 56.150 8,092 22,249 11.688 33.937 56,150 All of th¢ charity'5 activities derive from ronÈrnuin8 OIKrntions during the above two period8. Th¢ notes pa8cs 6 to 12 forni ] integral part of thesc finatkcial ststement& Page 4
Water Lily Proje {Registration number: 07789396) Balnce Sheet as at 30 September 2021 2021 20211 Note Current 4sJets C&8h at bank and in hand 34584 56.775 Credltorn. Amoullts fglllng due wlthln one yer u8ets 10 647 625 33.937 56,150 Funds of the thxrlty: Restrleted llleorne funds Rcstrici¢d funds 11.688 31,IM3 Unrestrieted Income funds Uttrcstrickd fund5 22,249 25,107 Tot*1 funds 33,937 56,150 For thc financial year ¢tLding 30 September 2021 the Charity was entitled to ¢¥emption from audtt undcr section 477 of the CoTnpanics Act 2006 relgting to small comp&nie5. Dtors, 8rd)nsibIlIties.' The members have not Jtquircd th¢ Charity lo obtatn an audit of its accounts for the year in question irt accordinee with s¢Gtion 476: and Thc dire¢iors acknowlcdge their Tesponsibillttes for complying with the requirements of thr Act with respect o¢wunting CordS and thc preparation of a¢¢ounts. These accounts have been prepared in ac¢ordance with the provisions applic4blc to companies $ubjcct to the Small companies r¢gime. The finan¢ial ststements on pages 4 to 12 were approved by th¢ trustees, and authorised for isyuc on 8 November 2021 and signed on th¢irbch&]f by.. Susan Da]y Tn]stee The notes on pages 6 to 12 form an integral part of these fiTwKial statcmertts. Pa8e 5
Wydter Lily Project Notes to the Financial Statements for the Yegr Ended 30 September 2021 I Cbarlty statui The thsrity is limited by share capital. illCOTporated in Ettglartd. The address of its registcred office - 131 Barrdck Road ChTiStrhurch Dorsei BH23 2AW Thcse fLnanci&l statcmcnts WCTC aUthorid for issue by th¢ tnjstees on 8 Novembcr 2021. 2 Ae¢tsUmt1g poll¢les Summary thf slgthifLt*rtt #teoundng policks key 8ceounting estimate Thc principal accouDlirtg policies applied in thc preptsrdtion of these fJnatLe2al slatcment5 are scl out bclow. Thcse policies have bccn consistcntly applicd to all thc y&grs pr¢5Cntcd. unl¢ss othcrNw5e ststcd. St#ternevt of ¢otnpli#n¢¢ Th¢ finanGidl s14tcmcnts' h8ve beeth prepared in accordance with Accounting at Reporting by Chariiics: Statcmcnt of R0MMended Practicc applicoble to chaTit1¢5 pr¢paTing their accounts in uccordancc with the Finunrial Rcporting Standard applicabl¢ in th¢ UK and R¢publi¢ of Ir¢lond (FRS 102) l¢ff¢ciivc l January 20151- (ChaTitie5 SORP IFRS 102)), the Fin#rt¢ial R¢porting Stsndar(l applicable in the UK and R¢public of Ir¢lsnd IFRS 102). They also Comply with th¢ Cornpanie% Act 2006 and Charities A¢[ 2011. Basis of preparAtIo Watcr Lily Project mccts thc dcfinition of a public bcncf)t entity under FRS 102. As5cts and liabilitics are ittiiially recognised ai historical cost or transaciion wa14Je unle&% oiherwise sthted in the relevant UCL()unting poli¢y rtot&%. Golmg tontey Th¢ tnL%iee% ¢tsnsider that the a no rnatCTia] urt¢¢rtainties about the chaTity'8 ability to continue as a going concern norany signifJ&qnt grw of une•tsinty that affec( th¢ carrying valu¢ of &%sets held by thc elwity. Exemptlon from preparlng a egsh tlow statememt The charity oplcd to carly adopt Bullctin I published on 2 Febnjary 2016 artd h&v¢ therefore not included a cash flow slaiemeni itt these ftnonttttl S¢at¢rnen lttcoJNe #md elldownts InGom¢ is Cogniscd whcn thc charity ha5 cntltlcmcnt to thc nds, any pcrform&zJce condiiions atthched to the itemlsl of inu)me hawe been me¢ it is prob]e that thc In¢omc will bc rcccivcd und the amount can be m¢&8urcd rcliably. Pag¢ 6
Water Lily Project Notes to the Fin#ncfil Statements for the Year Ended 30 September 2021 andlegrteles Donations are rccogni5cd whett thc ehariiy has becn ttotift¢d in writing of Ix¥ih the amount and scttlcmcnt datc. In t event that a donation i.s subjwt lo conditions thai wuire a l¢vcl of perforn)ancc by the ehaTiiy rore the charity i8 cntitlcd to thc fuods, thc irtcome is d¢ferred and not rccogniscd until cÈther those cortdition5 are fully mct, i)r thc fvifjlmcnl ofth05c conditions ]% wholly within the control of th¢ charity and it is probable that thcse condiiions will bc fulfilled in thc Teporting period. Groffj.v rÉc¢ivoble In¢ome from govcrnment and other grants, whethcr 'upital' grants or'rcvenue, granL. is Jrcogni5cd when th¢ charity ha5 cntstlcmcnt Olu the fiJn(ts. any perfomthocc condiiions attachcd lo the grants havc bccn mct, it is probdbly thal the in¢ome will b¢ received aod ihe amount be measured reliably Bnd t& nol dcferred. Intcre¥t on fun&% held on d¢posit is included when reccivablc and Ihc amounl catt be mea5urcd reliably by the chatity- this is normally upon notifiGation of the inieresi paid i)r payabl¢ by thc bdnk. Fdxpendtture F.xpLndiiuTe is recogllis&l on¢¢ the 15 a legal OT conslrnctive obltgation to makc a paymcnt to & thtrtt party. il 15 probable that 5c(Ilcment wtll bc r¢quircd the amount of the obligatron can bc measur¢d reliably. FXMd1Iure is classifi¢d under thc following &ctlVjly hcadings.. Clwrilable adiville.T As a Small cKwity, most of 115 acitvities are directly linkol to chBritsble actsviiics thercfore most of the chaTity's expcndiiurc arc charitablc costs. TAx?tlon Thc charity t$ con5idercd to the tests sei out in Paragrnph l &hcdulc 6 of thc Ftnattcc Aei 2010 and th¢Teftsre it mects thc definition i)f a charitsble company for UK cojporation purposcs. AccordingFly, the chaTity is potcnlially exempt from taxation in reSpt of incomc or capital Wdtns recctvcd within calcgorics covercd by Chapier 3 Part I l of thc Corporation Tax Act 2010 or Sccliott 256 of thc Taxation of Ch8fLTcabl¢ Ga[S Act 1992, to thc extent thai such incon]e or8ain8 applicd exclusivcly to ¢han"tablc purJx>5es. Cash and eA8h e4ulvakDts Cash and c&sh equivalcnts cojnprise tash on hand and call dep051L%. and other short-teml highly liquid invcstmcnts that arc rcadily convertible 10 a krtown amount of cash Bnd are subject to an in5ignrfJcwnt risk of chan¥c in value. Fund $try¢e UryrcstriC income fi]nds arc g¢n¢ral furtds that a available for a( thc trsteeS,$ disc*tion in furtherance of the objccitvcs of the charity. Desi&ated funds arc unr&Etricl¢d fthjds sct lsidc for s]Kcific purposes at the distretion of th¢ twslees. Rcsthcted in¢om¢ furtds #re th05¢ donated for w in a particular area or for 5pecifi¢ purpose5. the us¢ of which Is trstrtctL%I to that area or putpose. Pagc 7
Wydter Lily Projeet Notes to the Financial Statements for the Year Ended 30 September 2021 3 Income from donitlon8 and legacles Unr¢strl¢t*d fllntts Design8ted Gener81 Restrl¢ted funds Tot#1 fundi Donations and lega¢i¢s" Donation5 from indÉviduals G]ltS., iDcluding capiial Brants: Grants from other clwities 21,439 21.439 2.404 51,163 53.567 Total for 2021 23.843 51.163 75.006 Total fthr 2020 5.000 35.010 68,671 108,681 4 Iveome from eharitabk actlvltiu Unr¢$trltted fund5 Cenerll Total fund Wolking vulnerable women TotAI for 202t Total for 21120 13.054 13,054 5 InvestmeDt kneomt UrtrIcted runds General Total funds lThtcrcst receivable and sirnilar iTKom Inter¢%1 r¢triYablc on bank deposiL8 Total for 2021 Tot81 for 20211 6 TrknytÉeJ remuneratlon tXPP115ey No trustccs, nor any p¢rsons connected with thery huve rcccivcd any r¢mun¢ration frorn the charity dwing the year. No trnstecs h4Ve Teceived any reimbursed expethw OT any other benefits from thc charity durittg the y¢ar. Pagc 8
Watsr Lily Projett otes to the Financial St4tements for the Year Ended 30 September 2021 7 StalT¢osts Thc aggrcgate paywll ¢05ts werc as follow5.' 2021 202fl Stsff costs durfNg the year were: Wages attd salaries 48,674 35,038 The ryxbnthly averdge numbcr of pcrsorLS (Incluth"ng senior Managet team) employed by the charity during thc year cxpressed as full tim¢ equivalents was &$ follows.. 2021 202 ]¥0 Total cmploye¢5 No employec r¢ccivcd emoluments of MO than £00,000 durtng thc year. 8 Taxatlo The cherity is a re8lStered rhartty aml is thercfore exempt from taxation. 9 C45h omd equlvlents 2021 2020 Cash on hand Cash at bartk 100 34,484 290 56,485 34,584 50,775 lil Crethtors: mounts f4lllng due vAthlD one year 2021 2020 Ac¢Tuals 647 625 Pagc 9
W4ter Lily Project Notes to the Flnanci41 Statements for the Year Ended 30 September 21121 B418nee 2¢ I (ktober 2020 B814nee #t 30 September 2021 Incomlng ruourees Resoureej expended Tr*I5fer• Unrestrlcted funtts Generol GenetHI fijnd 7,362 35,458 (34,2371 DesiKnAled Fuiurc drcommodation Dcsignated Rerve Fund The Fore RAFr {1,334) 7.249 1,780 15,000 965 11.780) 15.( 1,019 54 17.745 {1.019 Total unrestricted funds Restrieted funds Rcachittg Communities Si James Place Awar(L% for All- Support Workers Talbol Village Trnsl Mary Magd&lerL DCFNF.T CAF Albert Hunt Te5co Bags of Help Tarnpon Tax 1.726 15,000 25,107 35.458 (35,256} (3.060 22,249 4.279 157 8,488 (14.163) (215) 1,396 58 6,282 5.085 1.388 91 (6,282) (5,659) 12,2891 (2611 {286) {653) (88) {5,430) (74) 13,090) 574 2,150 1.249 170 286 558 95 81 5.430 75 3,094 Bournemouth Airport fvnd DoThcl Community Foundations Comic Relicf Dorsei CF Neighbourhood Futtd Censu.% Postclmlc Lottery Trust SmallwiK¥d Christchurch Towm Council Total re8trlcted funds 4.986 (5.706) {3.264) 720 3,890 626 4,995 3,605 19,81X) 7.235 1.000 14,995) (2,884) (9,9911 {7,241) 11.007 (721) 9,809 31.043 51,163 (73.578) 3,060 11,688 TotAI funds 56,150 86.621 1108.834 33.937 Page 10
Water Lily Projeft Notu to the Financlal Statements for the Year Ended 30 September 21121 BA14nce at 30 September 2020 Oetober 21119 1coMIng resources Rewur¢e8 expended Transfers Unrestrlcted funds GÉneMI Gcncral furul {558) 48.071 (30.8471 19,304) 7,362 DesiRllttled ruluTC accommodation De5ignalcd Rc5crvc Fund The Forr RAFr 1,780 6.100 1,780 15,000 965 8,900 4.035 7.880 5.000 4,035 8.900 17.745 Total uurejtrleted funds 7,322 34.882 404 25,107 Re5trlcted RhEng Communiti&% St Jamcs PlThcc Awards for All . Support WorkeJ3 Talboi Village Trwt M4lly Magdal¢n 770 18.600 I,>0 115,0911 1843) 4,279 157 10.000 I5,0) 2.250 2,400 2,000 I,IK)o 500 (3.718) (9,9151 (8621 {2.309) 12,4(Ml {905) (419} {1,070} (4251 1841) 6,282 5,085 1.388 91 CAF Albcrt Hunt TesGo Bags of Help Tam]xbn Tax GTcgg5 Bourncmouth Airport fiujd t)orsct Commwiity Foundalion5 404 95 6,500 500 3,935 5.430 75 3,094 4,986 4.986 Total restricted fllnds 770 68.671 38.802 404 31.043 Tot81 ftsods 8,092 121.742 73,684) 56.150 Pa8ell
Water Lily Project Notes to the Flnrdneixl Ststements for the Year Ended 30 September 2021 12 Analys1B of net Assets b¢tweett fund$ Total funds 2t 30 September 2021 Unrestrfeted funds Ceneral Designated Restrlcted fuDds 7,896 (647 15.0 11,688 34,584 {647 Current liabiltties Total n¢t scts 7249 15.000 11,688 33.937 Total fund5 at 311 Soptember 2020 Unrestrltted fud8 General Desigffjated Restricted funds CwTent assets CU¢1 liabilitics 7,987 625 17,745 31,043 56.775 625 Tothl nct asset8 7.362 17,745 31,043 56,150 Pa8¢ 12
Company re8isbation numbrr 07789396 Charity regtstraiion oumber.. 1145718 Water Lily Project (A company linjited by share CAPÉtal) Annual Report and Financial Stsiements for thc Year Ended 30 S¢ptember 2021 Oak A¢counting Ltd Indepcndent examiner 27 B&scoli Road Wallisdown BouTncmoLtth Dor5Ct BHII 8RJ
Water Lily Project Contents Rcference and Athninistrative Detsils S(atemcnt of Trlee8, R¢5ponsibilitses Indepet¢t Examinees Report Statcment of Finan¢ia] Activtlics Balance Sheet Notes to th¢ Finan¢ial Statements 6t0 12
Water Lily Pn)jeet Reference and Admillistrtive Details Trustees Mrcolin David Be]]nett Janette Crawford. Tjraswer Susan Daly. Chair Susan Hill Hannah Farrow Robin C(KTrper 131 Bamck Road Christchurch Prlllfipal Offlce BH23 2A W The ¢harity is incorporated it) England. 07789396 Comp4ny Reglstratlon Nurnber Clarlty Reglitrtl•n Number 1145718 Indryendent Examlner Oak A¢cow)ting Ltd Indepcndenl examiner 27 Bascolt Road Wallisdown Bournemouth BHI 18RJ Pggc I
Water Llly Projeet Statement of Trustees, Re5pon8ibilitie$ The trustees (who Are a150 the directors of Water Lily Pwject for the purpost5 of cotnpany lawl are r¢srthisible for prcparing thc finJtt¢ial sta*ments in accordan¢¢ with the United Kingdom Accounting Stttndards (United Kingdom Gcncr4lly Acccpied Aceounting Practice) and applicable law attd regulaiioDs. Compatty law requirc8 the tnL%tecs to prepare flnancial $tat¢ments for cach financial yw. Under company law the trustees must not approve thc financial 5tatem¢nts unless they ajy 5atisfJcd that they givc a true and fair view of the slate of affatrs of the charitable company and of its incoming Te50urce5 and application of rc501]rcc5. itlcluding its in¢tsmc and expenditLwe, for Ihjt peri1. In preparing these firwicial statements. the tru8tces are rquircd to.. sele¢i suitable accounting policies and apply them consistently. Obse the methods and principles in thc Charities SORP. make judgements and e5tirnates that& rcaBoaabl¢ and pwdent" st&te whcther ¥pplicable UK Accounting Standards have been followe4 subject to Any material departures disclosed and explained in the finwJ¢ial ststements- atjd preparc the fillaneial 5tatemertts on the going eonccrn basis unles5 Ét is inappropriatc to presume that the charitablc company will continue in b$IneI. Th¢ (TU5tces are responsible for kccpin8 adcquate accounting records that are lfi¢l¢nt to show and explain the charithblc companls transaetiot)s and dtstlose with rc&8onablc accuracy at any time the finanGial position of the charitable tompatty and ettabic them to ensujr that the financiaj siatCTnents cotnply with thc CompaniLs Act 2006. They are also sponsible for srtfeguarding the assets of the chaTitsble Company and hence for thking rcasonable steps for the pr¢ventioft and deicction of ar other iTrcgulaTities. Approvcd by the tnJstee8 of the charity on 8 November 2021 and signol tsn its Fthalf by: Susan Daly Trustee Page 2
Water Lily Project Independent Examinerls Report to the trystee$ of Water Lily Projett J rqM>rt to the rhaTily truslees OTL my ex2mi#ation of the accounts of the elwity for the year ¢nd 30 September 2021 which Jue sei out on pages 4 to 12. Re5pe¢tlwe respo4bIlItIeS of trnstees and examlner As the charity's trustccs of Water Lily Projert18nd a]so its dir¢¢tors for the purposes of company law) you arc respon5iblc for thc prepardtiotl of the accounts in ty¢¢ordart¢¢ with the requiremcnL8 of thc Companics Act 2006 {'the 2006 Act.). H&ving satisfied myself the 4Lc¢ounts of Water Lily Projcci are noi rcquircd to bc auditcd under Part 16 of the 2006 Act and arc eliwble for indq)endent cxamination, I rcport in SpeCt of my examination of your charity's accounts as carricd out undcr 5¢Ction 145 of the Charities Ad 2011 I'the 2011 Act,). In CaltIg out my Cxamination I have followed th¢ Direction$ given by ihe Charity commi10n under section 145(5)(bl of the 2011 A¢L Jndependtnl ex4tser.S $tttment J have complekd my examiTration. I confirni that no TnatteTS have Come to my attention in conne£tion with the examination giving mc causc to believe.. accounting rOrdS wer¢ not kept in respect of Water Lily Project a5 Tequircd by section 386 of the 2006 2. Ihe accounts do not accord with those records,. or 3. the OUnt do not tornply with the accounting rcquircments of section 396 of th¢ 2006 Ad other tha any TCqUtTcmcnt that the Gonts give a'true and fair vi¢w' which is not a malter COTL5idercd part of a ind¢p¢ndcnt examiNtioft' or 4. the accounts have not b¢¢n prepared in accordance with mcthods aTLd principles ofthe Statement of R¢GomTncndcd PTrrtir¢ for n¢¢owJtinb attd re]x)rting by chariticB lappli<ablc to charitics preparing thcir ac¢ourtts itt attordance with the Financial Reporting Standard applicable in thc UK and Republic of IrcIat IFRS 10211. I have no ronfj¢rn5 and httve fQTn¢ rosS no other matters in contteclion with the examinalion to which attention should be drawn kn this Ter in ordcrto ctlablc a propcr undcTStanding of th¢ arcounts to br aChed. Suc Winilc Ind¢pertdent ex8miner Associatiott of Accouniin8 TtchniciarL 27 Bascoti Road Wallisdown BourncTnouth Dorset BHII 8RJ 8 November 2021 PY4gc 3
Water Lily Project Statement of Financial Aetivities for the Year Ended 30 September 2021 (Including Incom¢ and Expenditure Account And Statement of Total Recognised Gains gnd Losses) T•tal 21)21 Tot1 21120 Unre8trlcted Restrkted Note Intoiiie 8Dd FlldosvmeDts frorn: Donations thrtd legactes Charitable activiti¢8 Investment in¢ome 23,843 51.163 75.006 108,681 13,054 Totsl Income 35.458 51,163 86,621 121.742 EJpendlture on: Rai8ing funds Charilable 8¢tivities {424} 34,832} (4241 {108,410 {976) 72.708 (73.578) Total Exp¢nditUTe Net incomel(¢xpcnditUTe) Tr2n4fer5 bctwcen fullds 35,256 73.578 {108,834 73.684 202 {3.059) 122.415) 3,059 (22.213) 48,058 Nct movem¢nt in funds (2.857) (19.356) {22,213) 48.058 Retonclliation of fund Totsl funds brought foThvaTd Total fimds carried foNard 25,106 31.044 56.150 8,092 22,249 11.688 33.937 56,150 All of th¢ charity'5 activities derive from ronÈrnuin8 OIKrntions during the above two period8. Th¢ notes pa8cs 6 to 12 forni ] integral part of thesc finatkcial ststement& Page 4
Water Lily Proje {Registration number: 07789396) Balnce Sheet as at 30 September 2021 2021 20211 Note Current 4sJets C&8h at bank and in hand 34584 56.775 Credltorn. Amoullts fglllng due wlthln one yer u8ets 10 647 625 33.937 56,150 Funds of the thxrlty: Restrleted llleorne funds Rcstrici¢d funds 11.688 31,IM3 Unrestrieted Income funds Uttrcstrickd fund5 22,249 25,107 Tot*1 funds 33,937 56,150 For thc financial year ¢tLding 30 September 2021 the Charity was entitled to ¢¥emption from audtt undcr section 477 of the CoTnpanics Act 2006 relgting to small comp&nie5. Dtors, 8rd)nsibIlIties.' The members have not Jtquircd th¢ Charity lo obtatn an audit of its accounts for the year in question irt accordinee with s¢Gtion 476: and Thc dire¢iors acknowlcdge their Tesponsibillttes for complying with the requirements of thr Act with respect o¢wunting CordS and thc preparation of a¢¢ounts. These accounts have been prepared in ac¢ordance with the provisions applic4blc to companies $ubjcct to the Small companies r¢gime. The finan¢ial ststements on pages 4 to 12 were approved by th¢ trustees, and authorised for isyuc on 8 November 2021 and signed on th¢irbch&]f by.. Susan Da]y Tn]stee The notes on pages 6 to 12 form an integral part of these fiTwKial statcmertts. Pa8e 5
Wydter Lily Project Notes to the Financial Statements for the Yegr Ended 30 September 2021 I Cbarlty statui The thsrity is limited by share capital. illCOTporated in Ettglartd. The address of its registcred office - 131 Barrdck Road ChTiStrhurch Dorsei BH23 2AW Thcse fLnanci&l statcmcnts WCTC aUthorid for issue by th¢ tnjstees on 8 Novembcr 2021. 2 Ae¢tsUmt1g poll¢les Summary thf slgthifLt*rtt #teoundng policks key 8ceounting estimate Thc principal accouDlirtg policies applied in thc preptsrdtion of these fJnatLe2al slatcment5 are scl out bclow. Thcse policies have bccn consistcntly applicd to all thc y&grs pr¢5Cntcd. unl¢ss othcrNw5e ststcd. St#ternevt of ¢otnpli#n¢¢ Th¢ finanGidl s14tcmcnts' h8ve beeth prepared in accordance with Accounting at Reporting by Chariiics: Statcmcnt of R0MMended Practicc applicoble to chaTit1¢5 pr¢paTing their accounts in uccordancc with the Finunrial Rcporting Standard applicabl¢ in th¢ UK and R¢publi¢ of Ir¢lond (FRS 102) l¢ff¢ciivc l January 20151- (ChaTitie5 SORP IFRS 102)), the Fin#rt¢ial R¢porting Stsndar(l applicable in the UK and R¢public of Ir¢lsnd IFRS 102). They also Comply with th¢ Cornpanie% Act 2006 and Charities A¢[ 2011. Basis of preparAtIo Watcr Lily Project mccts thc dcfinition of a public bcncf)t entity under FRS 102. As5cts and liabilitics are ittiiially recognised ai historical cost or transaciion wa14Je unle&% oiherwise sthted in the relevant UCL()unting poli¢y rtot&%. Golmg tontey Th¢ tnL%iee% ¢tsnsider that the a no rnatCTia] urt¢¢rtainties about the chaTity'8 ability to continue as a going concern norany signifJ&qnt grw of une•tsinty that affec( th¢ carrying valu¢ of &%sets held by thc elwity. Exemptlon from preparlng a egsh tlow statememt The charity oplcd to carly adopt Bullctin I published on 2 Febnjary 2016 artd h&v¢ therefore not included a cash flow slaiemeni itt these ftnonttttl S¢at¢rnen lttcoJNe #md elldownts InGom¢ is Cogniscd whcn thc charity ha5 cntltlcmcnt to thc nds, any pcrform&zJce condiiions atthched to the itemlsl of inu)me hawe been me¢ it is prob]e that thc In¢omc will bc rcccivcd und the amount can be m¢&8urcd rcliably. Pag¢ 6
Water Lily Project Notes to the Fin#ncfil Statements for the Year Ended 30 September 2021 andlegrteles Donations are rccogni5cd whett thc ehariiy has becn ttotift¢d in writing of Ix¥ih the amount and scttlcmcnt datc. In t event that a donation i.s subjwt lo conditions thai wuire a l¢vcl of perforn)ancc by the ehaTiiy rore the charity i8 cntitlcd to thc fuods, thc irtcome is d¢ferred and not rccogniscd until cÈther those cortdition5 are fully mct, i)r thc fvifjlmcnl ofth05c conditions ]% wholly within the control of th¢ charity and it is probable that thcse condiiions will bc fulfilled in thc Teporting period. Groffj.v rÉc¢ivoble In¢ome from govcrnment and other grants, whethcr 'upital' grants or'rcvenue, granL. is Jrcogni5cd when th¢ charity ha5 cntstlcmcnt Olu the fiJn(ts. any perfomthocc condiiions attachcd lo the grants havc bccn mct, it is probdbly thal the in¢ome will b¢ received aod ihe amount be measured reliably Bnd t& nol dcferred. Intcre¥t on fun&% held on d¢posit is included when reccivablc and Ihc amounl catt be mea5urcd reliably by the chatity- this is normally upon notifiGation of the inieresi paid i)r payabl¢ by thc bdnk. Fdxpendtture F.xpLndiiuTe is recogllis&l on¢¢ the 15 a legal OT conslrnctive obltgation to makc a paymcnt to & thtrtt party. il 15 probable that 5c(Ilcment wtll bc r¢quircd the amount of the obligatron can bc measur¢d reliably. FXMd1Iure is classifi¢d under thc following &ctlVjly hcadings.. Clwrilable adiville.T As a Small cKwity, most of 115 acitvities are directly linkol to chBritsble actsviiics thercfore most of the chaTity's expcndiiurc arc charitablc costs. TAx?tlon Thc charity t$ con5idercd to the tests sei out in Paragrnph l &hcdulc 6 of thc Ftnattcc Aei 2010 and th¢Teftsre it mects thc definition i)f a charitsble company for UK cojporation purposcs. AccordingFly, the chaTity is potcnlially exempt from taxation in reSpt of incomc or capital Wdtns recctvcd within calcgorics covercd by Chapier 3 Part I l of thc Corporation Tax Act 2010 or Sccliott 256 of thc Taxation of Ch8fLTcabl¢ Ga[S Act 1992, to thc extent thai such incon]e or8ain8 applicd exclusivcly to ¢han"tablc purJx>5es. Cash and eA8h e4ulvakDts Cash and c&sh equivalcnts cojnprise tash on hand and call dep051L%. and other short-teml highly liquid invcstmcnts that arc rcadily convertible 10 a krtown amount of cash Bnd are subject to an in5ignrfJcwnt risk of chan¥c in value. Fund $try¢e UryrcstriC income fi]nds arc g¢n¢ral furtds that a available for a( thc trsteeS,$ disc*tion in furtherance of the objccitvcs of the charity. Desi&ated funds arc unr&Etricl¢d fthjds sct lsidc for s]Kcific purposes at the distretion of th¢ twslees. Rcsthcted in¢om¢ furtds #re th05¢ donated for w in a particular area or for 5pecifi¢ purpose5. the us¢ of which Is trstrtctL%I to that area or putpose. Pagc 7
Wydter Lily Projeet Notes to the Financial Statements for the Year Ended 30 September 2021 3 Income from donitlon8 and legacles Unr¢strl¢t*d fllntts Design8ted Gener81 Restrl¢ted funds Tot#1 fundi Donations and lega¢i¢s" Donation5 from indÉviduals G]ltS., iDcluding capiial Brants: Grants from other clwities 21,439 21.439 2.404 51,163 53.567 Total for 2021 23.843 51.163 75.006 Total fthr 2020 5.000 35.010 68,671 108,681 4 Iveome from eharitabk actlvltiu Unr¢$trltted fund5 Cenerll Total fund Wolking vulnerable women TotAI for 202t Total for 21120 13.054 13,054 5 InvestmeDt kneomt UrtrIcted runds General Total funds lThtcrcst receivable and sirnilar iTKom Inter¢%1 r¢triYablc on bank deposiL8 Total for 2021 Tot81 for 20211 6 TrknytÉeJ remuneratlon tXPP115ey No trustccs, nor any p¢rsons connected with thery huve rcccivcd any r¢mun¢ration frorn the charity dwing the year. No trnstecs h4Ve Teceived any reimbursed expethw OT any other benefits from thc charity durittg the y¢ar. Pagc 8
Watsr Lily Projett otes to the Financial St4tements for the Year Ended 30 September 2021 7 StalT¢osts Thc aggrcgate paywll ¢05ts werc as follow5.' 2021 202fl Stsff costs durfNg the year were: Wages attd salaries 48,674 35,038 The ryxbnthly averdge numbcr of pcrsorLS (Incluth"ng senior Managet team) employed by the charity during thc year cxpressed as full tim¢ equivalents was &$ follows.. 2021 202 ]¥0 Total cmploye¢5 No employec r¢ccivcd emoluments of MO than £00,000 durtng thc year. 8 Taxatlo The cherity is a re8lStered rhartty aml is thercfore exempt from taxation. 9 C45h omd equlvlents 2021 2020 Cash on hand Cash at bartk 100 34,484 290 56,485 34,584 50,775 lil Crethtors: mounts f4lllng due vAthlD one year 2021 2020 Ac¢Tuals 647 625 Pagc 9
W4ter Lily Project Notes to the Flnanci41 Statements for the Year Ended 30 September 21121 B418nee 2¢ I (ktober 2020 B814nee #t 30 September 2021 Incomlng ruourees Resoureej expended Tr*I5fer• Unrestrlcted funtts Generol GenetHI fijnd 7,362 35,458 (34,2371 DesiKnAled Fuiurc drcommodation Dcsignated Rerve Fund The Fore RAFr {1,334) 7.249 1,780 15,000 965 11.780) 15.( 1,019 54 17.745 {1.019 Total unrestricted funds Restrieted funds Rcachittg Communities Si James Place Awar(L% for All- Support Workers Talbol Village Trnsl Mary Magd&lerL DCFNF.T CAF Albert Hunt Te5co Bags of Help Tarnpon Tax 1.726 15,000 25,107 35.458 (35,256} (3.060 22,249 4.279 157 8,488 (14.163) (215) 1,396 58 6,282 5.085 1.388 91 (6,282) (5,659) 12,2891 (2611 {286) {653) (88) {5,430) (74) 13,090) 574 2,150 1.249 170 286 558 95 81 5.430 75 3,094 Bournemouth Airport fvnd DoThcl Community Foundations Comic Relicf Dorsei CF Neighbourhood Futtd Censu.% Postclmlc Lottery Trust SmallwiK¥d Christchurch Towm Council Total re8trlcted funds 4.986 (5.706) {3.264) 720 3,890 626 4,995 3,605 19,81X) 7.235 1.000 14,995) (2,884) (9,9911 {7,241) 11.007 (721) 9,809 31.043 51,163 (73.578) 3,060 11,688 TotAI funds 56,150 86.621 1108.834 33.937 Page 10
Water Lily Projeft Notu to the Financlal Statements for the Year Ended 30 September 21121 BA14nce at 30 September 2020 Oetober 21119 1coMIng resources Rewur¢e8 expended Transfers Unrestrlcted funds GÉneMI Gcncral furul {558) 48.071 (30.8471 19,304) 7,362 DesiRllttled ruluTC accommodation De5ignalcd Rc5crvc Fund The Forr RAFr 1,780 6.100 1,780 15,000 965 8,900 4.035 7.880 5.000 4,035 8.900 17.745 Total uurejtrleted funds 7,322 34.882 404 25,107 Re5trlcted RhEng Communiti&% St Jamcs PlThcc Awards for All . Support WorkeJ3 Talboi Village Trwt M4lly Magdal¢n 770 18.600 I,>0 115,0911 1843) 4,279 157 10.000 I5,0) 2.250 2,400 2,000 I,IK)o 500 (3.718) (9,9151 (8621 {2.309) 12,4(Ml {905) (419} {1,070} (4251 1841) 6,282 5,085 1.388 91 CAF Albcrt Hunt TesGo Bags of Help Tam]xbn Tax GTcgg5 Bourncmouth Airport fiujd t)orsct Commwiity Foundalion5 404 95 6,500 500 3,935 5.430 75 3,094 4,986 4.986 Total restricted fllnds 770 68.671 38.802 404 31.043 Tot81 ftsods 8,092 121.742 73,684) 56.150 Pa8ell
Water Lily Project Notes to the Flnrdneixl Ststements for the Year Ended 30 September 2021 12 Analys1B of net Assets b¢tweett fund$ Total funds 2t 30 September 2021 Unrestrfeted funds Ceneral Designated Restrlcted fuDds 7,896 (647 15.0 11,688 34,584 {647 Current liabiltties Total n¢t scts 7249 15.000 11,688 33.937 Total fund5 at 311 Soptember 2020 Unrestrltted fud8 General Desigffjated Restricted funds CwTent assets CU¢1 liabilitics 7,987 625 17,745 31,043 56.775 625 Tothl nct asset8 7.362 17,745 31,043 56,150 Pa8¢ 12