Stroke Research and Community Support
Charity No. 1149026
Company No. 08112792
Trustees' Report and Unaudited Accounts
31 March 2021
Stroke Research and Community Support Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 3 | |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities | 5 | |
| Summary Income and Expenditure Account | 6 | |
| Balance Sheet | 7 | |
| Notes to the Accounts | 8 to | 14 |
| Detailed Statement of Financial Activities | 15 to | 16 |
Page 1
Stroke Research and Community Support Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 08112792
Charity No. 1149026
Registered Office
116-118 The Moor Sheffield S1 4PD
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
G.S. AP Gruffudd A. Godhard T. Godhard R.S. Green S. Wagner
Company Secretary
F.M. Mac-Kenzie
Accountants
A&MPG Limited 6 Meadowhead Sheffield S8 7UD
OBJECTIVES AND ACTIVITIES
The object of the charity are to raise funds for the aims below by selling donated items through our shops.
The main activities undertaken in relation to those purposes are to organise events that will promote public awareness of stroke and its causes and effects. The charity aims to promote, improve, develop and maintain public education regarding stroke and their causes, effects and methods of treatment to support research into strokes to the above ends. To promote the advancement of health in relation to the field of strokes and to improve the quality of live in stroke survivors in the local community and those who may be at risk of having a stroke.
Our main activities and who we try to help are described above. All our charitable activities focus on promotion of public awareness of stroke and its causes and effects and to raise funds for research into stroke. All our activities are undertaken to further our charitable purposes for the public benefit.
Page 2
Stroke Research and Community Support Trustees Annual Report
ACHIEVEMENTS AND PERFORMANCE
The charity's shops have made a trading loss for the year due mainly to Covid lockdowns and long periods of closure. Fortunately the charity has been in receipt of Government grants which has left the charity in a position of strength to overcome the challenges faced and to enable the support of the Sheffield Hospitals Charity via a donation of £4000.
FINANCIAL REVIEW
The charity made a trading loss for the year of £45,031 but the help of government grants of £99,666, which included Job Retention Scheme grants to cover the furloughed staff wages and Council grants, meant that the charities reserves stood at £54,635 at the year end.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
F.M. Mac-Kenzie Company Secretary 22 December 2021
Page 3
Stroke Research and Community Support Independent Examiners Report
Independent Examiner's Report to the trustees of Stroke Research and Community Support
I report to the charity trustees on my examination of the accounts of Stroke Research and Community Support for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the trustees of the charity (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 charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements under 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
-
the accounts have not been prepared in accordance with the Charities SORP (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.
Mark Spittlehouse MAAT A&MPG Limited 6 Meadowhead Sheffield
S8 7UD 22 December 2021
Page 4
Stroke Research and Community Support Statement of Financial Activities
for the year ended 31 March 2021
| Notes Income and endowments from: Donations and legacies 4 Other trading activities 5 Investments 6 Other 7 Total Expenditure on: Charitable activities 8 Other 9 Total Net gains on investments Net income/(expenditure) 10 Transfers between funds Net income/(expenditure) before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2021 £ 5,285 46,552 1 99,666 |
Total funds 2021 £ 5,285 46,552 1 99,666 |
Total funds 2020 £ 12,071 86,739 9 - |
|---|---|---|---|
| 151,504 4,000 93,982 |
151,504 4,000 93,982 |
98,819 - 104,929 |
|
| 97,982 - |
97,982 - |
104,929 - |
|
| 53,522 - |
53,522 - |
(6,110) - |
|
| 53,522 | 53,522 | (6,110) | |
| 53,522 1,113 |
53,522 1,113 |
(6,110) 7,223 |
|
| 54,635 | 54,635 | 1,113 |
Page 5
Stroke Research and Community Support Summary Income and Expenditure Account
for the year ended 31 March 2021
| Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net income/(expenditure) before tax for the year Net income /(expenditure )for the year |
2021 £ 151,503 1 151,504 97,485 497 97,982 53,522 53,522 |
2020 £ 98,810 9 |
|---|---|---|
| 98,819 | ||
| 104,266 663 |
||
| 104,929 | ||
| (6,110) | ||
| (6,110) |
Page 6
Stroke Research and Community Support Balance Sheet
at 31 March 2021
| Company No. 08112792 Notes 2021 £ Fixed assets Tangible assets 12 1,491 1,491 Current assets Stocks 13 10,000 Debtors 14 3,705 Cash at bank and in hand 90,346 104,051 Creditors:Amount falling due within one year 15 (25,907) Net current assets/(liabilities) 78,144 Total assets less current liabilities 79,635 Creditors:Amounts falling due after more than one year 16 (25,000) Net assets excluding pension asset or liability 54,635 Total net assets 54,635 The funds of the charity Restricted funds 17 Unrestricted funds 17 General funds 54,635 54,635 Reserves 17 Total funds 54,635 |
2020 £ 1,988 |
|---|---|
| 1,988 8,600 256 8,220 |
|
| 17,076 (17,951) |
|
| (875) 1,113 - |
|
| 1,113 | |
| 1,113 | |
| 1,113 | |
| 1,113 | |
| 1,113 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 22 December 2021
And signed on its behalf by:
T. Godhard Trustee
22 December 2021
Page 7
Stroke Research and Community Support Notes to the Accounts
for the year ended 31 March 2021
- 1 Accounting policies
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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
-
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
-
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
Stroke Research and Community Support Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other 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.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity 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.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 9
Stroke Research and Community Support Notes to the Accounts
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities - prior year
| 3 Statement of Financial Activities - prior year |
|||
|---|---|---|---|
| Income and endowments from: Donations and legacies Other trading activities Investments Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations 5 Income from other trading activities Sales of donated goods Stolen cash recovered |
Unrestricted £ 5,285 5,285 Unrestricted £ 45,327 1,225 46,552 |
Unrestricted funds 2020 £ 3,471 95,339 9 98,819 104,929 104,929 (6,110) (6,110) (6,110) 7,223 1,113 Total 2021 £ 5,285 5,285 Total 2021 £ 45,327 1,225 46,552 |
Total funds 2020 £ 3,471 95,339 9 |
| 98,819 104,929 |
|||
| 104,929 | |||
| (6,110) | |||
| (6,110) | |||
| (6,110) 7,223 |
|||
| 1,113 | |||
| Total 2020 £ 12,071 |
|||
| 12,071 | |||
| Total 2020 £ 86,739 - |
|||
| 86,739 |
Page 10
Stroke Research and Community Support Notes to the Accounts
6 Income from investments
| Bank interest received 7 Other income Government grants 8 Expenditure on charitable activities Expenditure on charitable activities Donations paid 9 Other expenditure Advertising Exceptional expense Collection costs of donated goods Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 10 Net income/(expenditure) before transfers This is stated after charging: Depreciation of owned fixed assets |
Unrestricted £ 1 1 Unrestricted £ 99,666 99,666 |
Total 2021 £ 1 1 Total 2021 £ 99,666 99,666 |
Total 2020 £ 9 |
|---|---|---|---|
| 9 | |||
| Total 2020 £ - |
|||
| - | |||
| Unrestricted £ 4,000 4,000 Unrestricted £ - - 4,283 32,064 1,441 47,952 497 6,083 1,662 93,982 2021 £ 497 |
Total 2021 £ 4,000 4,000 Total 2021 £ - - 4,283 32,064 1,441 47,952 497 6,083 1,662 93,982 |
Total 2020 £ - |
|
| - | |||
| Total 2020 £ 444 11,997 2,128 41,365 3,085 38,647 663 4,670 1,930 |
|||
| 104,929 | |||
| 2020 £ 663 |
Page 11
Stroke Research and Community Support Notes to the Accounts
| 11 Staff costs Salaries and wages Pension costs No employee received emoluments in excess of £60,000. 12 Tangible fixed assets Cost or revaluation At 1 April 2020 At 31 March 2021 Depreciation and impairment At 1 April 2020 Depreciation charge for the year At 31 March 2021 Net book values At 31 March 2021 At 31 March 2020 13 Stocks Finished goods Carrying value analysed by activities Stock of donated goods 14 Debtors Prepayments and accrued income 15 Creditors: amounts falling due within one year Trade creditors Other taxes and social security Other creditors Accruals and deferred income |
31,115 454 31,569 2021 £ 10,000 10,000 2021 £ 10,000 10,000 2021 £ 3,705 3,705 2021 £ 346 (1,239) - 26,800 25,907 |
£ 4,106 4,106 2,118 497 2,615 1,491 1,988 |
37,329 517 |
|---|---|---|---|
| 37,846 | |||
| £ 4,106 |
|||
| 4,106 | |||
| 2,118 497 |
|||
| 2,615 | |||
| 1,491 | |||
| 1,988 | |||
| 2020 £ 8,600 |
|||
| 8,600 | |||
| 2020 £ 8,600 |
|||
| 8,600 | |||
| 2020 £ 256 |
|||
| 256 | |||
| 2020 £ 2,806 1,302 78 13,765 |
|||
| 17,951 |
Page 12
Stroke Research and Community Support Notes to the Accounts
16 Creditors:
| 16 Creditors: | 16 Creditors: | |||
|---|---|---|---|---|
| amounts falling due after more than one year Bank loans and overdrafts |
2021 £ 25,000 25,000 |
2020 £ - |
||
| - | ||||
| 17 Movement in funds Restricted funds: Unrestricted funds: General funds Revaluation Reserves: Total funds 18 Analysis of net assets between funds Fixed assets Net current assets Creditors due in more than one year and provisions 19 Reconciliation of net debt Cash and cash equivalents Bank loans Net debt |
At 1 April 2020 1,113 1,113 |
Incoming resources (including other gains/losses ) £ 151,504 151,504 At 1 April 2020 £ |
Resources expended £ (97,982) (97,982) Unrestricted funds £ 1,491 78,144 (25,000) 54,635 Cash flows £ |
At 31 March 2021 £ 54,635 |
| 54,635 | ||||
| Total £ 1,491 78,144 (25,000) |
||||
| 54,635 | ||||
| At 31 March 2021 £ |
||||
| 8,220 | 82,126 | 90,346 | ||
| 8,220 - - 8,220 |
82,126 (25,000) (25,000) 57,126 |
90,346 (25,000) |
||
| (25,000) | ||||
| 65,346 |
Page 13
Stroke Research and Community Support Notes to the Accounts
20 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
| 2021 | 2021 | 2020 | 2020 | |
|---|---|---|---|---|
| Land and buildings |
Other | Land and buildings |
Other | |
| £ | £ | £ | £ | |
| Operating leases with expiry date: | ||||
| Pension commitments | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| The pension cost charge to the company | ||||
| amounted to: | 454 | 517 |
21 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 14
Stroke Research and Community Support Detailed Statement of Financial Activities
for the year ended 31 March 2021
| Income and endowments from: Donations and legacies Donations Other trading activities Sales of donated goods Stolen cash recovered Investments Bank interest received Other Government grants Total income and endowments Expenditure on: Charitable activities Donations paid Total of expenditure on charitable activities Other expenditure Advertising Exceptional expense Collection costs of donated goods Employee costs Salaries/wages Pension costs Staff entertainment Temporary staff Motor and travel costs Travel and subsistence Business mileage costs reimbursed Premises costs Rent Rates |
Unrestricted funds 2021 £ 5,285 5,285 45,327 1,225 46,552 1 1 99,666 99,666 151,504 4,000 4,000 4,000 - - 4,283 4,283 31,115 454 - 495 32,064 847 594 1,441 36,097 254 |
Total funds 2021 £ 5,285 5,285 45,327 1,225 46,552 1 1 99,666 99,666 151,504 4,000 4,000 4,000 - - 4,283 4,283 31,115 454 - 495 32,064 847 594 1,441 36,097 254 |
Total funds 2020 £ 12,071 |
|---|---|---|---|
| 12,071 | |||
| 86,739 - |
|||
| 86,739 | |||
| 9 | |||
| 9 | |||
| - | |||
| - | |||
| 98,819 - |
|||
| - | |||
| - 444 11,997 2,128 |
|||
| 14,569 | |||
| 37,329 517 39 3,480 |
|||
| 41,365 | |||
| 3,010 75 |
|||
| 3,085 | |||
| 26,011 4,840 |
Page 15
Stroke Research and Community Support Detailed Statement of Financial Activities
| Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Bank charges Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
5,060 316 3,200 3,025 47,952 497 1,344 96 374 57 2,528 1,684 6,580 1,662 1,662 93,982 97,982 - 53,522 53,522 - 53,522 1,113 54,635 |
5,060 316 3,200 3,025 47,952 497 1,344 96 374 57 2,528 1,684 6,580 1,662 1,662 93,982 97,982 - 53,522 53,522 - 53,522 1,113 54,635 |
6,260 302 503 731 |
|---|---|---|---|
| 38,647 | |||
| 663 2,199 191 58 - 409 1,813 |
|||
| 5,333 | |||
| 1,930 | |||
| 1,930 | |||
| 104,929 | |||
| 104,929 - |
|||
| (6,110) | |||
| (6,110) - |
|||
| (6,110) | |||
| 7,223 | |||
| 1,113 |
Page 16