# **REPORT OF THE TRUSTEES** **Unaudited Financial Statements** for the Year ended 31 March 2021 **thesleepcharity.org.uk** ## **To empower the nation to sleep better** |**Chair’s Welcome**|**4**| |---|---| |**Message from our Founder and CEO**|**6**| |**Report of the Trustees**|**8**| |**Statement of Financial Activities**|**33**| |**Balance Sheet**|**34**| |**Notes to the Financial Statements**|**35**| |**Detailed Statement of Financial Activities**|**41**| 2 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 3 ## **CHAIR’S WELCOME** ## **It is estimated that 40% of the population suffer with sleep issues impacting on their mental health.*** **The Sleep Charity’s mission is to empower the nation to sleep better. Our dedicated team provide vital evidence-based sleep information and support to those in need across the country. Our work is diverse to enable us to reach those most in need and involves training professionals so that they are equipped with the knowledge and techniques to improve sleep on a wider scale. Unfortunately, the impact of sleep issues are often not recognised and support is often a postcode lottery. To address this health inequality the charity campaign to raise awareness about the value of a good night’s sleep and to ensure those with sleep issues get the support that they need and deserve.** Covid-19 has presented us all with significant challenges. During the last year there has been a huge increase in sleep issues because of increased anxiety levels, disruption of routines, reduced opportunity to exercise and more screen usage. Our work is needed now more than ever before. Our staff team is small, consisting of just 5 employees of which only 3 are full-time. The task they have faced in offering support to those with sleep issues over the last year has been enormous. Due to financial limitations the decision had to be made to furlough two members of the team for a short period of time. Despite this, we continued to keep our doors open and provide our regular services to those in need. The pandemic has brought significant financial challenges for the charity. In previous years approximately 80% of our income was self-generated through the delivery of face-to-face training. We are proud to be trusted to train NHS staff across the country. Unfortunately, this income stream which provides core funding was no longer available and it became necessary to adapt quickly to the challenges that Covid-19 was presenting us with. Despite the difficulties faced, the last 12 months have been a period of incredible transformation and growth to meet the needs of our beneficiaries. We have developed an e-learning platform, new IT systems and successfully merged with The Sleep Council, a not-for-profit information sharing board. We have appointed an expert advisory board to ensure our materials are of the highest quality. The team were honoured to receive the Queen’s Award for Voluntary Services, the highest accolade a charity can receive. As we continue to work against the backdrop of Covid-19, sleep issues continue to rise and become more complex. We have developed a new strategic plan which will navigate us through these difficult times and we have strengthened our Board of Trustees with the addition of a trustee with specialism around safeguarding. I would like to thank our staff, volunteers, our supporters and partners for their tremendous efforts. We are determined to continue to develop our offering to ensure improved sleep at a national level with wide reaching effects on mental, physical and emotional wellbeing. **Tariq Shah** Chair of Trustees 4 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 5 ## **MESSAGE FROM OUR FOUNDER AND CEO** **Being a leader with lived experience, I know first-hand, the devastating impact that sleep issues can have, particularly when there is no support available. I am passionate about developing the reach of the charity to support those in need. We have made great advances during the last 12 months to strengthen our offering at a national level despite the challenges that Covid-19 has presented us with; loss of income and increased demand for support.** The launch of our Teen Sleep Hub has provided a platform to offer young people support, empowering them to learn about sleep through the use of our e-learning book. Our volunteer Sleep Practitioners provide an online live chat facility. This project has reached 24,305 young people since its launch in October 2020. Our sleep services have continued to flourish, we have provided support to 2,193 families during the year. In addition to our services in Doncaster and Bassetlaw we have established services this year in Lincolnshire and North Yorkshire, more than doubling the number of sleep clinics we provide. Enquiries from Clinical Commissioning Groups are rising, and we are confident that we will add more services to our offering within the next 12 months. **24,305 2.2hrs** The Sleep Charity mounted an incredible response to the pandemic, keeping our services open throughout. Virtual sleep clinics have been highly successful, and technology has been used to support members of our community feeling isolated. It was key that those who needed our support during these uncertain times should be able to access it. Evaluation by the team at Sheffield Children’s Hospital clearly evidences the success of this approach with sleep duration increasing for youngsters by on average 2.2 hours per night during lockdown. These changes have provided solid a foundation on which to build, extending our reach significantly. There have been many highlights during this year, acquiring The Sleep Council in July was amongst these. Working together we are stronger, and this has significantly strengthened our offering allowing us to raise our profile to influence policy, change attitudes about sleep and secure sleep support for those in need across the nation. Receiving the Queen’s Award was an honour and well-deserved recognition for our volunteers who support our work in many different ways. Looking to the future we have developed an ambitious but realistic strategic plan to support organisational growth. Our finances were already stretched and the increased demand for support has increased our challenges. We have identified new sources of income with corporate partnerships playing an increasingly important role in our work. I would like to thank all those who have provided funding to support our mission during the last year, your support is greatly appreciated. We know that our work makes a significant difference to mental health and wellbeing and is needed more than ever before. We are committed to build on the success of this year and explore new, efficient ways to offer support to help as many people suffering sleep issues as possible. **----- Start of picture text -----**
Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 7
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**Vicki Dawson** CEO of The Sleep Charity 6 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 **THE SLEEP CHARITY** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2021** **The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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 2019).** The trustees delegate day-to-day responsibility to the Founder and Chief Executive Officer. The trustees wish to record their thanks to all the staff and volunteers at the charity who are essential to the provision of the high quality support that families and professionals receive. ## **OBJECTIVES AND ACTIVITIES** ## **OBJECTIVES AND AIMS** The objects of The Sleep Charity are: 1. The advancement of health in the UK and elsewhere through the provision of service which encourage and promote the importance of sleep for mental, emotional and physical wellbeing 2. Such other charitable purposes as the trustees shall from time to time think fit ## **SIGNIFICANT ACTIVITIES** The Sleep Charity’s principal means of achieving its objectives is by providing information and support through the delivery of training, online and face to face support from Sleep Practitioners. They also deliver training to practitioners to deliver sleep support to families in their local communities. The Sleep Charity provide evidence-based information to support those with sleep issues nationally and campaign to raise awareness about the importance of sleep to support good health and wellbeing. ## **PUBLIC BENEFIT** The trustees have considered this purpose, the aims and objectives of the charity and its current and planned activities against the Charity Commission’s general guidance on public benefit. The trustees are satisfied the charity’s purpose, aims, objectives and activities are fully consistent with charity purposes as defined in the Charities Act 2011. The charity takes a holistic approach engaging with all in order to offer its services without discrimination. 8 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 9** ## **THE SLEEP CHARITY** **£40.2 billion is the estimated cost to the economy in loss of productivity in the UK workforce due to sleep deprivation 4 in 5 poor sleepers suffer with low mood** **----- Start of picture text -----**
Fewer than 6 hours
sleep a night increases
risk of heart disease
and stroke
**----- End of picture text -----**
**1 in 6 accidents resulting in death and injury on motorways and A roads were fatigue related** **----- Start of picture text -----**
21% GP consultations in the UK
have tiredness and fatigue as the
primary cause
**----- End of picture text -----**
**66% of teenagers stated that sleeping badly impacted on their mental health (MHF sleep report 2020)** **----- Start of picture text -----**
86% of children with
disabilities experience
sleep issues
**----- End of picture text -----**
**10 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 11** **THE SLEEP CHARITY** **----- Start of picture text -----**
ACHIEVEMENTS AND PERFORMANCE
OUR WORK WITH FAMILIES
**----- End of picture text -----**
**----- Start of picture text -----**
Your support
has been life
changing
**----- End of picture text -----**
**----- Start of picture text -----**
2,193 changing
The Sleep Charity has
directly supported
2,193 families over the
last year with evidence-
based sleep support and
information
You saved our family,
we were unable
to function without
sleep. Thank you
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**Nobody liked me, no one wanted to play with me because I was a butterfly locked in a box with broken wings. But now someone has opened the box and my wings are mended** **12 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 13** ## **THE SLEEP CHARITY** **ACHIEVEMENTS AND PERFORMANCE OUR WORK WITH YOUNG PEOPLE** **----- Start of picture text -----**
52,000
We have reached over 52,000 young
people over the last 12 months
thanks to the introduction of our
Teen Sleep Hub
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**14 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 15** **THE SLEEP CHARITY** **ACHIEVEMENTS AND PERFORMANCE OUR WORK WITH PROFESSIONALS 127 The Sleep Charity has delivered training to 127 professionals through our Sleep Practitioner course this year** **Thanks for such an excellent course. It is the best training course I have been on for a long time. The sessions were so well planned and you have really made the transition to online well. I really was very impressed with all of it. The materials, especially the notebook etc. Really excellent.** - Laura Beesley, Together We Grow **16 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 17 **THE SLEEP CHARITY** ## **ACHIEVEMENTS AND PERFORMANCE COVID 19 AND SLEEP** ## **Sleep issues have increased over the last year with Covid-19 having a significant impact.** Several factors have contributed including increased anxiety levels, reduced opportunities for exercise, disruptions to routine and more screen time. Many of those that we have supported have experienced cancelled appointments and assessments from statutory services. We were already supporting families at crisis point, in many cases we are now the only support they are receiving. **More evidence-based sleep support information through the launch of our new website resulting in 57,658 visitors to the site from December to March, this is an increase of 4,489%.** The Sleep Charity chose to continue to operate despite the challenges faced which included a reduction in staff as a result of financial constraints. We are proud that we have been able to provide: **Webinars for 32 organisations to support their staff to improve their sleep and wellbeing** **Virtual drop-in sessions for 1,084 families, allowing them to access sleep information and support at their convenience** **E-learning training for 399 parent/ carers to empower them with sleep information to support them to make changes to improve their family’s sleep thanks to the launch of our new platform** **Sleep journals for the hardest to reach young people in South Yorkshire by training 54 practitioners who engage with them within the community** **Establish an Instagram presence (with 585 followers) to allow us to engage with young people more effectively** **Sleep clinics virtually to 710 families, reducing their feelings of isolation and loneliness and supporting improved sleep patterns** 18 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 19 ## **COVID 19 AND SLEEP** **76% of parent/carers have seen the support they received stopped because of the pandemic** - Disabled Children’s Partnership Left in Lockdown Survey 2020 **----- Start of picture text -----**
2,167
2,167 children, young
people and their families
directly supported
3,550
3,550 support calls
provided to families
3,550
550
Over 550 professionals
received information and
guidance from our team
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**20 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 21** **THE SLEEP CHARITY** ## **ACHIEVEMENTS AND PERFORMANCE SLEEP WELL LINCOLNSHIRE PROJECT** **KINDLY FUNDED BY THE NATIONAL LOTTERY COMMUNITY FUND** **4,218 beneficiaries in the first year** **100% of families would recommend our services** **Average increase of 2.2 hours sleep per night** **100% of parents saw an improvement in their mental health as a result of improved sleep** **All measures of child wellbeing improved, with the greatest improvement being in reported daytime behaviour and happiness** **Evaluation provided by the sleep team at Sheffield Children’s Hospital** 22 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 23 **THE SLEEP CHARITY** ## **ACHIEVEMENTS AND PERFORMANCE** ## **TEEN SLEEP HUB** ## **KINDLY FUNDED BY THE CORONAVIRUS MENTAL HEALTH RESPONSE FUND** **----- Start of picture text -----**
1,310
1,310 sign ups to our
teen sleep newsletter
15,650+
15,650+ visits to our
Teen Sleep Hub
3,550
24,305
**----- End of picture text -----**
24 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 **Annual Report 2020-2021 | The Sleep Charity • thesleepcharity.org.uk • 25** **THE SLEEP CHARITY** ## **ACHIEVEMENTS AND PERFORMANCE** ## **ESTABLISHING AN ADVISORY BOARD** ## **To ensure our work is of the highest quality and evidence base we have developed an advisory board named ‘The Sleep Council’.** Made up of a 20-strong team, the Advisory Board helps to shape the future of sleep support nationally and plays a vital role around providing advice, challenge and scrutiny on key issues and programmes. The professionals’ expertise spans across sleep, sport science, nutrition, menopause, mental health, sleep research, primary care, public health, sensory processing, CBTi and medical sleep disorders. ## **PARTNERSHIP WORKING** ## **We cannot achieve all that we do by working alone.** Partnership working whether that be with families, young people, individuals or organisations is at the heart of our work. We have been delighted to work with a number of leading organisations during the year to strengthen our cause. ## These include: **National Bed Federation** **Mattress Online** **Royal Society for Public Health** **Aardman Productions** Back to School with Shaun campaign **Kidscape** Anti-Bullying Week **Snuz** Sleep Support Month ## **FUNDING FOR OUR WORK** ## **We are hugely grateful to every single supporter, without you we would not be able to offer the vital support that the Sleep Charity provides.** ## **OTHER FUNDING** ## **NATIONAL LOTTERY COMMUNITY FUND** With our team all based at home, we were grateful for funding from The Clothworkers Foundation to support with the provision of equipment to work remotely. Our volunteers continue to play an important role in our work and we were grateful to receive funding from the Archer Trust and Doncaster Rotary Club, St George, to support them. In Lincolnshire we were awarded a three year grant from the National Lottery Community Fund to set up sleep support services for families. This service has been inundated with requests for help and we reached our annual target within the first six months. The lottery also kindly funded an extension grant that helped us to move our training to an e-learning platform. This support was of vital importance in allowing us to transform our service delivery and maintain income that we rely so heavily on for our core costs. Sharing our message more widely is a key part of our strategic plan. A grant from Sheffield Social Enterprise Exchange has allowed us to develop our website and access support around marketing. ## **NATIONAL LOTTERY COVID-19 FUND** We have continued to provide sleep services to Clinical Commissioning Groups in Doncaster, Bassetlaw, Bury and more recently North Yorkshire. The funding allows us to provide services to families in these geographical areas. The National Lottery have also provided Covid-19 funding for vital work to support the most hard to reach young people in South Yorkshire. This has allowed us to pilot training for professionals and to develop journals to support the young people in making change. We able to build on this learning and develop the materials further with a view to expanding the scheme nationally. We also secured funding from The Coronavirus Mental Health Response Fund to develop our Teen Sleep Hub, a much needed resource to support young people during the pandemic. The Fore provided important funding to support the strategic development of the charity. We had planned to grow the charity to meet the increased demand that we were facing, this is now even more important given the impact that Covid-19 has had on the nation’s sleep. The Masonic Charitable Foundation continued to support our work by providing funding towards our administrative support allowing us to respond to those in need in a timely manner, for which we are extremely grateful. We have received several kind donations from both individuals and from corporate organisations. Thanks to Christine Jackson, Issy Fale Choir, Boots, Dr Sophie Bostock, Manchester United Foundation and the team at Mattress Online. Our special thanks go to the family and friends of Sam Peacock who donated in memory of his life. As part of our acquisition of The Sleep Council, the National Bed Federation have kindly agreed to donate to our organisation for a three year period. 26 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 27 **THE SLEEP CHARITY** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **REGISTERED CHARITY NUMBER** ## **FINANCIAL REVIEW** 1150585 ## **PRINCIPAL ADDRESS** ## **RESERVES POLICY** ## **Our level of reserves is monitored monthly by our CEO and trustees with an aim to secure sufficient to cover a 6-month period.** Our levels of unrestricted funds currently stand at £259,095. Building reserves is a significant challenge in the current economic climate. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **GOVERNING DOCUMENT** The charity (which was established in March 2012) was set up as a CIO on 24 January 2013. It is governed by its constitution which sets out the objectives and powers of the CIO. ## **RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES** Kale Lodge Woodfield Park Tickhill Road, Balby DONCASTER DN4 8FD ## **WAYS TO SUPPORT THE CHARITY** **Your support makes our work possible, improving the nation’s sleep and supporting improved mental health and wellbeing. There are a number of ways you can get involved:** - Make a donation • Partner with us - • Fundraise for us • Join in our awareness events • Volunteer • Help us to campaign The charity is managed by a Board of Trustees who are sought by advertisement and personal contact. New trustees are appointed by a resolution passed at a properly convened meeting. In selecting individuals for appointment as charity trustees, the board must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. New Trustees undergo an induction process to brief them on their legal obligations, the strategic plan and the financial performance of the CIO. During this process they will also meet key employees, other trustees and volunteers. ## **ORGANISATIONAL STRUCTURE** The Board of Trustees administers the charity and meet at least quarterly. The Chief Executive and Founder, Mrs Vicki Dawson and Deputy Chief Executive Lisa Artis, has been appointed by the trustees to manage the day-to-day operations of the organisation. 28 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 29 **THE SLEEP CHARITY** ## **THE SLEEP ADVISORY BOARD** ## **Dr Heather Elphick (Chair)** Consultant in Paediatric Respiratory and Sleep Medicine ## **REPORT OF THE TRUSTEES** ## **TRUSTEES** ## **Dr Ruth Kingshott** Sleep Physiologist at Sheffield Children’s Hospital ## **Dr Mike Farquhar** Sleep Medicine Consultant at Evelina London Children’s Hospital ## **Dr Sarah Gilchrist** Specialist in Sleep and Athletic performance ## **Dr Roxane Gervais** Chartered Psysiologist ## **Dr Neil Bindemann** Director at Innervate, Executive Director of P-CNS and community Therapists Network **TARIQ N SHAH CHAIR** **MARK DICKINSON PROFESSOR TREASURER HEATHER ELPHICK** **DR RUTH SLATE** ## **Dr Alanna Hare** Consultant in Sleep and Respiratory failure at Royal Brampton and Harefield NHS Foundation Trust ## **Nathalie Winn** Nutritionist at Waitrose and Partners ## **Rachel Wallbank** Specialist Occupational Therapist **Simon Blake OBE** CEO of Mental Health First Aid England ## **Dr Elizabeth Pal** **DR MICHAEL BOYLE** **SARAH L STABLES LAURA GARNETT ROBERT KENIWELL APPOINTED 16.6.20 APPOINTED 15.9.20** Child Health Lead at Better Start Bradford ## **SLEEP AMBASSADOR** **SHAUN THE SHEEP** ## **PATRONS** **BARONESS GOUDIE** **ZOE SALMON** **VICKY THORNLEY** ## **Jessica Alexander** Executive Director at the National Bed Federation ## **Dr Rob Meadows** Reader at University of Surrey ## **Jenny Featherstone** Physiotherapist, Specialising in Paediatric Neuro-disability ## **Dr Theodora Kalentzi** Specialist in Women’s Health and Menopause Care ## **Dr Karen McDonnell** Occupational Health and Safety Policy Advisor at RoSPA ## **Shaun Fenton OBE** Headmaster at Reigate Grammar School ## **Dr Simon Durrant** Director of the Sleep Research Centre at the University of Lincoln ## **Dr Sophie Bostock** Specialist in Sleep and CBTi ## **Dr Jonathan Sunkersing** GP ## **INDEPENDENT EXAMINER** ## **Mrs Jane Mellor** Institute of Chartered Accountants in England and Wales Glover & Co Chartered Accountants 13/15 Netherhall Road DONCASTER DN1 2PH Approved by order of the board of trustees on 04 January 2022 and signed on its behalf by: M Dickinson - Trustee 30 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 31 ## **THE SLEEP CHARITY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
2021 2021
Unrestricted Restricted 2021 2020
fund fund Total funds Total funds
NOTES (£) (£) (£) (£)
INCOMING RESOURCES
Incoming resources from
generated funds
Voluntary Income 10,415 0 10,415 6,308
Incoming resources from
charitable activities
Workshops and training 210,814 250,138 460,952 229,741
TOTAL INCOMING RESOURCES 221,229 250,138 471,367 236,049
RESOURCES EXPENDED
Charitable activities
Workshops and training 122,365 260,729 383,094 248,622
NET INCOMING RESOURCES 98,864 -10,591 88,273 -12,573
RECONCILIATION OF FUNDS
Total funds brought forward 80,875 7,733 88,608 101,181
TOTAL FUNDS CARRIED FORWARD 179,739 -2,858 176,881 88,608
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**The notes form part of these financial statements** **32 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021** Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 33 **THE SLEEP CHARITY** **THE SLEEP CHARITY** ## **BALANCE SHEET** ## **31 MARCH 2021** **----- Start of picture text -----**
2021 2021
Unrestricted Restricted 2021 2020
fund fund Total funds Total funds
NOTES (£) (£) (£) (£)
FIXED ASSETS
Tangible assets 5 6,711 4,115 10,826 10,611
CURRENT ASSETS
Debtors 6 18,361 0 18,361 68,046
Cash at bank 251,040 56,069 307,109 105,894
269,401 56,069 325,470 173,940
CREDITORS
Amounts falling due within one year 7 -96,373 -63,042 -159,415 -95,943
NET CURRENT ASSETS 173,028 -6,973 166,055 77,997
TOTAL ASSETS LESS
CURRENT LIABILITIES 179,739 -2,858 176,881 88,608
FUNDS
Unrestricted funds 179,739 80,875
Restricted funds -2,858 7,733
TOTAL FUNDS 176,881 88,608
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 04 January 2022 and were signed on its behalf by M Dickinson - Trustee ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **INCOME** ## **1. ACCOUNTING POLICIES** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. ## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **EXPENDITURE** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Financial reporting standard 102 - reduced disclosure exemptions ## **TANGIBLE FIXED ASSETS** The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’: Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on cost - the requirements of Section 7 Statement of Cash Flows; Computer equipment - 25% on cost ## **TAXATION** - the requirement of Section 3 Financial Statement Presentation paragraph 3.17(d); The charity is exempt from tax on its charitable activities. - the requirements of Section 11 Financial Instruments paragraphs 11.41(b), 11.41(c), 11.41(e), 11.41(f), 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); ## **FUND ACCOUNTING** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. - the requirements of Section 12 Other Financial Instruments paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A; Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. - the requirement of Section 33 Related Party Disclosures paragraph 33.7. 34 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 35 **THE SLEEP CHARITY** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **2. TRUSTEES’ REMUNERATION AND BENEFITS** There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **TRUSTEES’ EXPENSES** There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **3. STAFF COSTS** The average monthly number of employees during the year was 5 (2020 - 6). One employee received a salary during the year which exceeded £60,000 but was less than £70,000. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** **----- Start of picture text -----**
Unrestricted Restricted Total
fund fund funds
NOTES (£) (£) (£)
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income 6,308 0 6,308
Incoming resources from charitable activities
Workshops and training 206,455 23,286 229,741
Total Incoming resources 212,763 23,286 236,049
RESOURCES EXPENDED
Charitable activities
Workshops and training 223,050 25,572 248,622
NET INCOMING RESOURCES -10,287 -2,286 -12,573
RECONCILIATION OF FUNDS
Total funds brought forward 91,162 10,019 101,181
TOTAL FUNDS CARRIED FORWARD 80,875 7,733 88,608
**----- End of picture text -----**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
5. TANGIBLE FIXED ASSETS
Fixtures and Computer
fittings equipment Totals
(£) (£) (£)
COST 11,788 6,125 17,913
Additions 0 4,925 4,925
11,788 11,050 22,838
DEPRECIATION 4,677 2,625 7,302
Charge for year 2,947 1,763 4,710
At 31 March 2021 7,624 4,388 12,012
NET BOOK VALUE
At 31 March 2021 4,164 6,662 10,826
At 31 March 2020 7,111 3,500 10,611
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## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade debtors|**2021**
**(£)**
**2020**
**(£)**
63,322
13,405| |---|---| |Prepayments|4,724
4,956| ||**68,046**
**18,361**| ## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |---|---| |Trade creditors|**2021**
**(£)**
**2020**
**(£)**
0
218| |Other creditors|95,943
159,197| ||**95,943**
**159,415**| 36 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 37 ## **8. LEASING AGREEMENTS** Minimum lease payments under non-cancellable operating leases fall due as follows: |Within one year|**2021**
**(£)**
**2020**
**(£)**
7,000
7,000| |---|---| |Between one and fve years|28,000
28,000| |In more than fve years|21,583
14,583| ||**56,583**
**49,583**| ## **9. MOVEMENT IN FUNDS** **----- Start of picture text -----**
Net movement
At 1.4.20 in funds At 31.3.21
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 80,875 98,864 179,739
RESTRICTED FUNDS
Restricted 7,733 -10,591 -2,858
TOTAL FUNDS 88,608 88,273 176,881
**----- End of picture text -----**
Comparative net movement in funds, included in the above are as follows: **----- Start of picture text -----**
Incoming Resources Movement
resources expended in funds
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 212,763 -223,050 -10,287
RESTRICTED FUNDS
Restricted 23,286 -25,572 -2,286
TOTAL FUNDS 236,049 -248,622 -12,573
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.4.19 in funds At 31.3.21
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 91,162 88,577 179,739
RESTRICTED FUNDS
Restricted 10,019 -12,877 -2,858
TOTAL FUNDS 101,181 75,700 176,881
**----- End of picture text -----**
A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds, included in the above are as follows: **----- Start of picture text -----**
Incoming Resources Movement
resources expended in funds
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 221,229 -122,365 98,864
RESTRICTED FUNDS
Restricted 250,138 -260,729 -10,591
TOTAL FUNDS 471,367 -383,094 88,273
**----- End of picture text -----**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: **----- Start of picture text -----**
Incoming Resources Movement
resources expended in funds
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 433,992 -345,415 88,577
RESTRICTED FUNDS
Restricted 273,424 -286,301 -12,877
TOTAL FUNDS 707,416 -631,716 75,700
**----- End of picture text -----**
Comparatives for movement in funds **----- Start of picture text -----**
Net movement
At 1.4.19 in funds At 31.3.20
(£) (£) (£)
UNRESTRICTED FUNDS
General fund 91,162 -10,287 80,875
RESTRICTED FUNDS
Restricted 10,019 -2,286 7,733
TOTAL FUNDS 101,181 -12,573 88,608
**----- End of picture text -----**
## **10. OTHER FINANCIAL COMMITMENTS** The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third parties nor any outstanding debts secured on assets of the CIO. ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. 38 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 39 **----- Start of picture text -----**
40 • thesleepcharity.org.uk • The Sleep Charity | Annual Report 2020-2021
**----- End of picture text -----**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **31 MARCH 2021** **----- Start of picture text -----**
YEAR END YEAR END
31.3.21 31.3.20
INCOMING RESOURCES (£) (£)
Voluntary Income
Donations 10,415 6,308
Income Resources from Charitable activities
Training and Sleep Services 196,195 206,455
CJRS Income 4,619 0
Grants 260,138 23,286
460,952 229,741
Total Income Resources 471,367 236,049
EXPENDITURE
Charitable activities
Wages 173,557 144,039
Social Security 13,346 0
Pension 5,018 0
Rent and rates 9,702 9,697
Insurance 1,718 1,721
Telephone 4,170 3,547
Printing, post and stationery 13,592 9,719
Marketing and exhibitions 14,665 6,459
Sundries 4,484 2,921
Practitioners fees 30,676 22,495
Practitioners expenses 451 14,397
Training, travel & accomodation 2,767 7,243
Repairs and renewals 1,428 117
Catering 0 12,412
Venue hire 0 2,794
Fixtures and fittings 2,947 2,858
Computer equipment 1,762 1,052
Loss on sale of tangible fixed assets 0 385
280,283 241,856
Support costs
Independent examination 900 780
Legal fees 0 1,718
Consultancy fees 78,265 1,308
Website fees 14,189 2,640
Software fees 4,808 320
Administration Services 4,649 0
102,811 6,766
Total resources expended 383,094 248,622
Net income 88,273 -12,573
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Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 41 Kale Lodge Woodfield Park Tickhill Road Balby Doncaster DN4 8FD **info@thesleepcharity.org.uk thesleepcharity.org.uk** +44 (0) 1302 751 416 The content of this course is protected under copyright laws. Reproduction and/or distribution of any information contained within these materials is strictly prohibited without prior written permission. **Copyright © 2022 The Sleep Charity. All rights reserved.** 42 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021 Annual Report 2020-2021 | The Sleep Charity • **thesleepcharity.org.uk** • 43 **REGISTERED CHARITY NUMBER: 1150585** **thesleepcharity.org.uk** 44 **• thesleepcharity.org.uk •** The Sleep Charity | Annual Report 2020-2021