##
|||Page||
|---|---|---|---|
|Reference and Admlnislralive
DetaRs||||
|Report ofthe Trustees|2|to|12|
|Report ofthe Independent
AudItors|13|to|15|
|Statement of Financial Activities||16||
|Balance Sheet||17||
|Cash Flow Statement||18||
|Notes to the Cash Flow Statement||19||
|Notes foIhe Rnancial Statements|20|to|30|
|Detailed Statement
of Financial Aclivilies|31|to|32|
##
|TRUSTEES|||SCarey (appointed|SCarey (appointed|1.10.21)|1.10.21)||
|---|---|---|---|---|---|---|---|
||||R H Devine|||||
||||N Dew)i|||||
||||L C Gallagher-|Co-Chair||||
||||E Naylor
—Co-Chair|||||
||||R OLoughlin
(appointed|||29.4.21)||
||||M B Roddy (resigned||29.7.21)|||
||||R 8Smith (resigned 29.7.21)|||||
||||J Vezey|||||
|COMPANY|SECRETARY||W J Hill|||||
|REGISTERED|OFFICE||Suffolk Enterprise|Centre||||
||||Felaw Maltings|||||
||||44 Felaw Street|||||
||||Ipswich|||||
||||Suffolk|||||
||||IP2 BSJ|||||
|REGISTERED|COMPANY|NUMBER|08244118(England and|||Wales)||
|REGISTERED|CHARITY NUMBER||1149488|||||
|AUDITORS|||Fortus Audit
LLP|||||
||||Chartered
Accountants|||B,Statutory|Auditor|
||||31 High View Close|||||
||||Hamilton
Office|Park||||
||||Leicester|||||
||||Leicestershire|||||
||||LE4 9LJ|||||
|BANKERS|||Lloyds Bank|||||
||||79 High Street|||||
||||Chesham|||||
||||Buckinghamshire|||||
||||HP5 1DE|||||
|SOLICITORS|||Gordon Dadds|||||
||||80Brook Street|||||
||||Mayfair|||||
||||London|||||
||||WI K 5DD|||||
|INVESTMENT|ADVISERS||Brewin Dolphin|||||
||||12Smithfield Street|||||
||||London|||||
||||ECIA 9BD|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|||E|E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations and legacies||4|1,581,083||1,581,083|1,895,134|
|Charitable
activlfies|||||||
|Building Mental
Health||||217,781|217,781|183,461|
|Other trading
activities||5|478.248||478,248|82,616|
|Investment
income||6|5,832||5,832|3,010|
|Total|||2,065,163|217,781|2,282,944|2,164,221|
|EXPENDITURE ON|||||||
|Raising funds||8|796,022||796,022|352,395|
|Charitable
acfivfiies|||||||
|Building Mental
Health
Welfare 8Benevolence
Education
8, Training
Health LSafety Innovation
Governance
costs|||551,901
230,084
59,421
32,952|233,191|233,191
551,901
230,084
59,421
32,952|138,633
397,381
100,804
87,000
25,750|
|Total|||1,670,380|233,191|1,903,571|1,101,963|
|Net gains on investments|||70.081||70,081|45,969|
|NET INCOME/(EXPENDITURE)|||464,864|(15,410)|449,454|1,108,227|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||2,153,026|71,110|2,224,136|1,115,909|
|TOTAL FUNDS CARRIED FORWARD|||2,617,890|55,700|2,673,590|2,224,136|
##
##
##
||||2021|2020|
|---|---|---|---|---|
|||Notes|||
|FIXED ASSETS|||||
|Tangible assets
Investments||14
15|3.709
892.352|2,093
824,062|
||||896.061|826,155|
|CURRENT ASSETS|||||
|Debtors
Cash in hand||16|356,055
1.865,064|389,955
1.398,640|
||||2,221,119|1,788,595|
|CREDITORS|||||
|Amounts
falling due within one year||17|(443,590)|(390,614)|
|NET CURRENT ASSETS|||1,777,529|1.397,981|
|TOTAL ASSETS LESSCURRENT UABIUTIES|||2,673,590|2.224,136|
|NET ASSETS|||2,673.590|2.224,136|
|FUNDS||20|||
|Unrestricted
funds:|||||
|General fund
Sixmonth contingency|fund||2,367,890
250,000|1,903,026
250.000|
||||2,617,890|2.153,026|
|Restricted funds|||55,700|71,110|
|TOTAL FUNDS|||2,673,590|2,224,136|
##
||||2021|2020|
|---|---|---|---|---|
|||Notes|5|5|
|Cash flows from operating
activiTies|||||
|Cash generated
from operations||I|462,353|1,308,330|
|Net cash provided
by operating
activities|||462,353|1,308,330|
|Cash flows from investing
acNvlties|||||
|Purchase oftangible
fixed assets
Purchase offixed asset investments
Sale offixed asset investments|||(3,552)
(491,035)
75,752|(2, 178)
(115,068)
36,895|
|Cash transfened to investment
portfolio
Interest received|||417,074
3|(422,263)
20|
|Dividends
received|||5,829|2,990|
|Net cash provided
by/(used
in) investing||activities|4,071|~499,604)|
|Change
in cash and cash equivalents|in||||
|Ihe reporting
period|||466,424|808,726|
|Cash and cash equivalents
at Ihe|||||
|beginning
ofthe reporting
period|||1,398.640|589,914|
|Cash and cash equivalents
atthe end|of||||
|the reporgng
period|||1,865,064|1,398,640|
##
|RECONCILIATION
OF|RECONCILIATION
OF|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E||
|Net income for the|reporRng||period (as per the Statement of|||
|Financial AcRvtlles)||||449,454|1,108,227|
|Adjustments
for.||||||
|Depreciation
charges||||1,936|737|
|Gain on investments
interest received
Dividends received
Decrease
in stocks||||(70,081)
(3)
(5,829)|(45,969)
(20)
(2,990)
1,959|
|Decrease/(increase)
Increase
in creditors||in debtors||33,900
52,976|(83,062)
329,448|
|Net cash provided|by operations|||462,353|1,308,330|
|2.|ANALYSIS OF CHANGES|IN NET FUNDS||||
|---|---|---|---|---|---|
||||At 1.1.21|Cash flow|At 31,12.21|
||Net cash|||||
||Cash at bank and in hand||1,398,640|466,424|1,865,064|
||||1,398,640|466,424|1,865,064|
||Total||1,398,640|466,424|1,865,064|
##
##
##
##
##
##
##
##
##
##
##
##
|DONATIO|NS
AND LE|GACIES|||
|---|---|---|---|---|
||||2021|2020|
|||||E|
|Donations|||1,559,400|1,851.711|
|Gift aid|||21,683|43,423|
||||1,581,083|1,895,134|
|Donations|and legacies||||
|Regional|Lighthouse|Club Donations|182,912|456,085|
|Company|Donations||1,309,094|1,325,914|
|Individual|Donations||63,917|83,075|
|General|Donations||25,160|30,060|
||||1.581,883|1.895,134|
##
|OTHER TRA|DING AChVIIIES|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||K||
|Fundraising|events|||478,248|82,616|
|Other trading activities||||||
|||Unrestricted||||
|||funds|income|Direct event||
|||||costs|Net income|
||||2021|2021|2021|
|Christmas|Lunch|409,565||(223,775)|185,790|
|Golf|||10,392||10,392|
|Marathon|||10,682||10,682|
|Rugby|||18,100|(40.500)|(22,400)|
|Challenges|and other||19,966|(68,152)|(48,186)|
|Christmas|Raffle||9,543||9,543|
|Other trading activities||478.248||~332427)|145.821|
|||Unrestricted||||
|||funds income||Direct event||
|||||costs|Net income|
||||2020|2020|2020|
|Christmas|Lunch|||(4,000)|(4,000)|
|Golf|||8,726|(7,132)|1,594|
|Marathon|||18,753||18,753|
|Rugby|||41,894|(56,940)|(15,046)|
|Challenges
Christmas|and other
Cracker||13,243|(10,079)
~25.500)|3,164
~25,500|
|Other trading activities|||82,616|~)03,65)|~2).035)|
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Activity|||E||
|Services|provided|under||||||
|contract|||Building|Mental|Health|217,781|183,461|
##
|Raising donations|and legacies|||
|---|---|---|---|
|||2021|2020|
|||E||
|Staff costs||530,565|319,794|
|Marketing||70,204|81,532|
|Other fundraising|costs|44,445|26,944|
|Direct event costs|)note 5)|332,427|103.651|
|Regional support||11,592|4,619|
|Office costs||61,508|66,956|
|Foreign exchange|loss|9,200|415|
|VAT correction|||(98,180)|
|Depreciation||1.936|737|
|Less: expenditure|allocated to Welfare and Benevolence|)265,855)|)154,073)|
|||796.022|352,395|
##
##
##
##
|||||Health|B,|Total|Total|
|---|---|---|---|---|---|---|---|
|||Welfare B|Education|Safety||||
|||Benevolence|BTraining|Innovation||||
|||2021
f|2021
F.|2021
f||2021
f|2020
f|
|One off Grants||244,538||||244,538|129,752|
|Monthly
Grants||73||||73|9,424|
|Welfare and||||||||
|Benevolence|Office|265.855||||265,855|154,073|
|Construction|Industry|||||||
|Helpline||41,435||||41,435|104,132|
|Education and Training||||||||
||||463,275|||463,275|239,437|
|Health and Safety||||||||
|Innovation||||59,421||59,421|87000|
|||551,901|463,275|59,421||1,074,597|723,818|
|Analysis
by fund||||||||
|Unrestricted|funds|551,901|230,084|59.421||841,406|585,185|
|Restricted funds|||233,191|||233,191|138633|
|||551.901|463275|59421||1,074 597|723818|
|Forthe year|ended 31|||||||
|December 2020||||||||
|Unrestricted|funds|397,381|100,804|87,000|||585,185|
|Restricted funds|||138,633||||138,633|
|||397,381|239.437|87,000|||723,818|
##
##
|10.|SUPPORT COSTS|||Governanc
costs
E|
|---|---|---|---|---|
||Governance
costs|||32,952|
||Support costs, included|in the above, are as follows:|||
||Governance
costs||||
||||2021|2020|
||||Governance|Total|
||||costs|activities|
||Auditors'
remuneration||8,000|7,200|
||Legal and professional|fees|11,640|4.300|
||Trustee Meetings||5,691||
||Management
Fees||7,621|2.568|
||Accountancy
costs|||11,682|
||||32,952|25,750|
|11.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated affer charging/(crediting):|||
||||2021|2020|
||Auditors'
remuneration||8,000|7,200|
||Depreciation
-owned assets||1,936|737|
##
##
##
|STAFF COSTS|||
|---|---|---|
||2021|2020|
|Wages and salaries|473,925|287,638|
|Social security costs|43,028|25,317|
|Other pension costs|13,612|6,839|
||530,565|319,794|
##
|The ave|rage
monthly
number ofemployees
during t|he year was as follows:||
|---|---|---|---|
|||2021|2020|
|National|Office|7|4|
|Welfare|and Benevolence|7|4|
|||14||
||The number
of employees
whose employee
benef
860,000was:|its
(excluding
employer
pension
c|osts) exceede|
|---|---|---|---|
|||2021|2020|
||560,001 - E70,000|1|I|
|14.|TANGIBLE FIXED ASSHS|||
||||Computer|
||||equipment|
||||E|
||COST|||
||At I January
2021||6,363|
||Additions||3,552|
||At 31 December 2021||9,915|
||DEPRECIATION|||
||At
1 January
2021||4,270|
||Charge foryear||1,936|
||At 31 December 2021||6,206|
||NET BOOK VALUE|||
||At 31 December 2021||3,709|
||At 31 December 2020||2,093|
|15.|FIXED ASSET INVESTMENTS|||
||||Listed|
||||investments|
||||E|
||MARKET VALUE|||
||At I January
2021||824,062|
||Additions||491,035|
||Disposals||(75,752)|
||Revaluations||70,081|
||Cash deposits invested
Other SoFA changes||(415,283)
~1,791)|
||At 31 December 2021||892,352|
||NET BOOK VALUE|||
||At 31 December 2021||892,352|
||At 31 December 2020||824,062|
##
##
##
##
|FIXED ASSET|INVESTMENTS - continued|||
|---|---|---|---|
|||2021|2020|
|Investments|at fair value comprise:|E|S|
|UK equities||164,925|87,192|
|Other equities||445.339|195,628|
|Property||23,889|7,111|
|Commodities||37,273||
|Bonds||99,958|55,050|
|Other investments||103,094|44,133|
|Cash||I7,874|434,948|
|||892.352|824,062|
||Cost or valuati|on a|t 3|1 December 2021 is represented
by:|||
|---|---|---|---|---|---|---|
|||||||Listed|
|||||||investments|
|||||||E|
||Cost|||||892,352|
|16.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2021|2020|
|||||||E|
||Trade debtors||||294,829|232,442|
||Other debtors||||18,980||
||Prepayments|and accrued income|||42,246|157,513|
||||||356,055|389,955|
|17.|CREDITORS'.AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2021|2020|
||Trade creditors||||62,014|87,604|
||Social security|and|other taxes||12,591|8,688|
||VAT||||12,284|20,955|
||Other creditors|||||7,369|
||Accruals||||100,079|67,868|
||Deferred income||||256,622|198,130|
||||||443,590|390,614|
##
|Minimum
lease payments
under non-cancellable
ope|rating
leases fall dve as follows:||
|---|---|---|
||2021|2020|
||E||
|Within one year|21,280|36,576|
|Between one and five years|54,391|60,777|
||75,671|97,353|
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|fund|funds|funds|
|||||E||
|Fixed assets||3,709||3,709|2,093|
|Investments||892,352||892,352|824,062|
|Current|assets|2,165,419|55,700|2,221,119|1,788,595|
|Current|liabilities|~443,590)||~443.590|~390,614)|
|||2,617.890|55,700|2,673.590|2,224,136|
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
||||8|S|E|
|Unrestricted|funds|||||
|General
fund|||1.903,026|464,864|2,367,890|
|Six month contingency||fund|250,000||250,000|
||||2,153,026|464,864|2,617,890|
|Restricted funds||||||
|Building mental health|||71,110|(15,410)|55,700|
|TOTAL FUNDS|||2,224,136|449,454|2,673,590|
|Net movement
in funds, included|in the above are as follo|ws:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
|||E|E||
|Unrestricted
funds|||||
|General fund|2,065,163|(1.670,380)|70,081|464,864|
|Restricted funds|||||
|Building mental health|217,781|(233,191)||(15,410)|
|TOTAL FUNDS|2.252.944|~1303571|70,081|449,454|
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.1.20|in funds|31.12.20|
||||||R|
|Unrestricted|funds|||||
|General
fund|||839.627|1,063,399|1,903,026|
|Sixmonth contingency||fund|250,000||250,000|
||||1,089,627|1,063,399|2,153,026|
|Restricted funds||||||
|Building mental health|||26,282|44,828|71,110|
|TOTAL FUNDS|||1,115,909|1,108,227|2,224, 136|
|Comparative
net movement
in fu|nds, included
in the abo|ve are as follows|:||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
|||E|E||
|Unrestricted
funds|||||
|General fund|1.980,760|(963,330)|45,969|1,063,399|
|Restricted funds|||||
|Building mental health|183,461|(138,633)||44,828|
|TOTAL FUNDS|2,164,221|~1,101,963)|45,969|1,108,227|
##
##
##
##
|The remune|ration
of key management
personnel
is|as follows:||
|---|---|---|---|
|||2021|2020|
|||E|3|
|Aggregate|compensation|125,519|115,932|
##
|||||2021|2020|
|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS||||||
|Donations and legacies||||||
|Donations||||1,559,400|1,851,711|
|Giff aid||||21,683|43,423|
|||||1,581,083|1.895,134|
|Other trading
activities||||||
|Fundraising
events||||478,248|82,616|
|Investment
income||||||
|Income from listed investments||||5,829|2,990|
|Interest receivable||||3|20|
|||||5,832|3,010|
|Charitable
acllviffes||||||
|Services provided|under contract|||217,781|183,461|
|Total incoming
resources||||2,282,944|2,164,221|
|EXPENDITURE||||||
|Raising donalions|and legacies|||||
|Wages||||473,925|287,638|
|Social security||||43,028|25,317|
|Pensions||||13,612|6,839|
|Marketing||||70,204|81,532|
|Other fundraising|costs|||44,445|26,944|
|Direct event costs|(note 5)|||332,427|103,651|
|Regional support||||11,592|4,619|
|Office costs||||61,508|66,956|
|Foreign exchange|loss|||9,200|415|
|VAT correction|||||(98,180)|
|Depreciation
oftangible||fixed assets||1,936|737|
|Less: expenditure|allocated||to Welfare and|||
|Benevolence||||~265,855)|~154,073)|
|||||796,022|352,395|
|Charttable
aclivilies||||||
|One off grants||||244,538|129,752|
|Monthly
grants||||73|9,424|
|Welfare and benevolence|||office|265,855|154,073|
|Construction
industry
helpline||||41,435|104,132|
|Education and training||||463,275|239,437|
|Health and safety|innovation|||59,421|87,000|
|||||1,074,597|723,818|
##
||||2021|2020|
|---|---|---|---|---|
||||S|K|
|Support costs|||||
|Governance
costs|||||
|Auditors'
remuneration|||8,000|7,200|
|Legal and professional||fees|1 1,640|4,300|
|Trustee Meetings|||5,691||
|Management
Fees|||7,621|2,568|
|Accountancy
costs||||11,682|
||||32,952|25,750|
|Tota( resources expended|||1,903,571|1,101,963|
|Net income before gains||and losses|379,373|1,062,258|
|Realised recognised|gains and losses||||
|Realised gains/(losses)|on fixed asset||||
|investments|||70,081|45,969|
|Net income|||449,454|1,108227|