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2021-08-31-accounts

REGISTERED COMPANY NUMBER: 08278978 (England and Wales) REGISTERED CHARITY NUMBER: 1151727

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

FOR

JIGSAW +

Raffingers LLP, Statutory Auditor Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD

JIGSAW +

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2021

Page
Report of the Trustees 1 to 8
Report of the Independent Auditors 9 to 12
Statement of Financial Activities 13
Balance Sheet 14
Cash Flow Statement 15
Notes to the Cash Flow Statement 16
Notes to the Financial Statements 17 to 24

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Jigsaw + is dedicated and passionate in its commitment to support adults with autism spectrum disorders to make positive, personal choices that enhance their wellbeing, independence and social inclusion.

In order to achieve this, Jigsaw + promotes and supports the lifelong learning and wellbeing of those affected by autism.

Our values

We are person-centred - We value everyone, whether our adult learners or staff, as individuals. We respect their aspirations and commitments in life and support their priorities, needs and abilities as well as respecting their limits.

We are caring - We act with compassion, honesty and apply high ethical standards at all times. Listening with respect to others, valuing difference and enhancing our community is at the core of our work.

We act with integrity - We are professional, reliable and responsible. We deliver a quality service at all times. We work as a team - We listen to and respect one another and work together to achieve mutually beneficial outcomes

.

We focus on continuous learning for all - We promote learning, constructive feedback, coaching and mentoring for our learners as well as at all levels of the organisation.

Page 1

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

OBJECTIVES AND ACTIVITIES Public benefit

Jigsaw + was established for the public benefit of offering lifelong learning and promoting the welfare of adults with autism spectrum disorders and related communication disorders, thus improving the lives of those affected. Maximising the potential and independence of adults with autism spectrum disorders also benefits their families and the wider community. Our services and activities are designed on the basis of the latest evidence and evaluated rigorously.

The activities that the charitable company provides that are considered for the public benefit in summary are: - Lifelong learning provision for adults with autism spectrum disorders and related communication disorders based on the principles of applied behaviour analysis.

These activities are for the benefit of individuals with autism spectrum disorders and related communication disorders, either directly or indirectly by way of supporting parents, carers or professionals involved in the lifelong learning and welfare of those with autism. Jigsaw + provides these public benefits to adults from a wide cross section of the community it serves. We offer our services to those most in need regardless of their background. Moreover, we attended community events hosted by Surrey County Council and others to encourage uptake of our provision by adults from a wide range of backgrounds.

The opportunity to benefit is not restricted to any one local authority but is determined by the number of places available at Jigsaw +. Adult learners' journey times are generally expected to be no longer than 90 minutes. There is no restriction by gender, although more beneficiaries are male rather than female due to the prevalent characteristics of autism. The fees payable to Jigsaw + are significant and would be outside the funding capacity of all but a very few families. Fees are in the main fully paid by the care package agreed and funded by the client's local authority

The Trustees have had due regard to the public benefit guidance produced by the Charity Commission for England and Wales.

Our services

Jigsaw + supports those aged 16 and over with an autism spectrum disorder through the provision of lifelong learning opportunities and wellbeing support.

This year our provision grew from supporting 39 learners in September 2020 (Whole time equivalent (WTE) 42.05) to 46 learners in August 2021 (WTE 47.95) WTE is the average of the ratio of Learning support worker to Adult learner as this varies depending on required support.

We work together as a team to offer every adult learner:

Jigsaw + is open for 49 weeks a year and continued its services throughout the Covid-19 lockdowns. Given the vulnerability of our learners, we have offered both face-to-face support as well as home learning support, for those who were shielding or whose parents/carers chose for them to remain at home as a result of the pandemic.

Page 2

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

OBJECTIVES AND ACTIVITIES

Our strategy

In 2020/21 the core strategic priority of Jigsaw + has remained that of continuing to grow services in a sustainable way, although this has been a challenge in the latter part of the financial year and beyond due to the ability to attract staff, which is referred to further below . We have continued to maintain high standards of delivery and to be recognised for the high quality of staff training, including certified training.

Our strategy at all times during the covid pandemic, including during the various lockdowns has been , to ensure vulnerable adult learners would continue to receive the support they and their families depend on. Regrettably, challenges around recruitment allied with staff absences due to the need to self-isolate meant that we were not able to offer an unrestricted service throughout the financial year and a reduced timetable had to be implemented for a number of our adult learners from July 2021 to ensure the safety and wellbeing of all those on site. For those adult learners who were on a reduced timetable, this has typically meant that they missed two sessions a week (equating to one day for those who attend full time). However, all learners who were not able to be onsite for whatever reason received welfare calls, home learning packs, resources for activities, and advice and guidance. At all times, Jigsaw + operated in full accordance with the guidance provided for social care settings arising from the pandemic, such as regular testing of staff and dividing our cohort into bubbles..

A number of steps were taken before the end of the financial year to improve recruitment; however, it became clear at the start of the 2021/22 financial year that further action was required in order to achieve staffing levels that would permit the re-instatement of full-service delivery and allow Jigsaw + to confirm start dates for those adult learners with an offer of a place, including former pupils of Jigsaw School. Accordingly, the Trustees approved the payment of a market supplement with effect from October 2021. This strategy has proved effective in attracting staff and since January 2022, a full service to all existing adult learners has been provided and it has been possible to offer start dates for those waiting to take up a place at Jigsaw +.

There will be an adverse impact on the financial performance for Jigsaw + for the 2021/22 financial year resulting from the payment of the market supplement and loss of fees for those sessions adult learners on a reduced timetable were unable to attend. However, the Trustees consider that the steps taken will mitigate the impact going forward and allow the growth of services.

Equal opportunities policy

The Trustees recognise that equal opportunities should be an integral part of good practice within the workplace. Jigsaw + aims to establish equal opportunities in all areas of its activities including creating a working environment in which the contributions and needs of all people are fully valued.

Selected policies can be found on the Jigsaw + website.

Page 3

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Jigsaw + is dedicated and passionate in its commitment to support adults with an autism spectrum disorder and help them make positive choices that enhance their wellbeing, independence and social inclusion. Learning support workers work closely with clients to create a personal development plan that focuses on the identification and achievement of meaningful, individual goals. We have continued to provide specialist support to aid the development of social and communication skills and life skills and have provided opportunities for wellbeing activities including yoga, art, drama and music lessons. All clients are able to access social enterprises provided under the auspices of The Jigsaw Trust including ARTworks, GARDENWorks and Cafe on the Park providing them with rich opportunities to develop skills for employment and contribute to the local community.

Although much of our offsite learning opportunities remained suspended during the year due to the pandemic, onsite teaching and learning sessions continued, and baking and GARDENWorks sessions were delivered. This has enabled our learners to continue to learn and progress.

Jigsaw + is an OCN London accredited training provider. This enables Jigsaw + to offer our learners recognised qualifications in areas such as Personal Progress, Independent Living and Vocational Training providing learners with the tools they need to live as independently as possible.

Jigsaw +continues to offer professional development programmes to staff on permanent contract. For the period from September 2020 to August 2021, the number of staff gaining certification was: - Five staff completed the Care Certificate; the Care Certificate is an identified set of standards that health and social care workers adhere to in their daily working life and involves online assessments of 15 workbooks, completion of a training portfolio and observations of work in practice.

The Trustees would like to record their sincere thanks to all those associated with Jigsaw + staff, volunteers and adult learners whose efforts and dedication enable Jigsaw + to provide a friendly, happy and secure environment where individuals learn and achieve. In particular, we wish to recognise the dedication and resilience of all the staff who have continued to provide a high quality service in what has been a difficult and challenging year. It is the commitment of staff, volunteers and our adult learners themselves, together with the parents and carers, Trustees and supporters that ensures the continued success of Jigsaw + to move forward in furtherance of its strategic aims. We would also like to express out thanks to parents and carers for their support and understanding during the year.

Fundraising activities

Jigsaw + was supported in its fundraising activities by the Fundraising Team employed by The Jigsaw Trust. We are very grateful to the following who have provided support during the year:

The National Lottery for funding an additional portacabin to facilitate the creation of bubbles for our adult learners as part of our covid precautions

Surrey County Council who contributed towards the costs of additional covid prevention measures Blakemore Foundation Cranleigh & District Lions Edward Gostling

and all those individuals who have supported Jigsaw + through gifts in kind.

Page 4

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

FINANCIAL REVIEW

Reserves policy

The Trustees have agreed that the charitable company should maintain unrestricted funds, which are the free reserves of the charitable company at a level equivalent to cover approximately three months running costs of Jigsaw +. For the year ended 31 August 2021, three months running costs are estimated at £530,000 and the total free reserves as at 31 August 2021 were £207,955. Although reserves as at 31st August 2021 do not meet the desired level the Trustees are committed to the reserves policy. The Trustees will continue to consider ways in which additional unrestricted funds can be raised.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

Independent assurance

Raffingers have undertaken the statutory external audit of The Jigsaw Trust and its subsidiary Jigsaw Trading (2013) Limited. They also report on the adequacy and effectiveness of The Jigsaw Trust's system of internal financial control through, if considered necessary, the qualification of the annual financial accounts, the "management letter" and ad hoc assessments and reviews.

The financial results for the year to 31 August 2021 are shown in the attached financial statements.

Income from Charitable activities amounted to £2,020,528 representing an average WTE of 48 during the year. This is an increase in Charitable activity Income of £214,272 (11.9%) compared with 2019/20. In 2019/20 the average WTE stood at 45, an increase in the year therefore of 3.

Donations, legacy restricted funds and fundraising income attained in year were £149,266; an increase of £97,773 from 2019/20 when funds attained were £51,493 In the main, this relates to funds received towards the extraordinary costs associated with covid.

There was a net increase in funds of £37,079 (2019/20 - £158,422) with total funds carried forward of £802,841 (2019/20 - £765,762). Of the funds at year end, £594,886 was restricted and the remaining £207,955 unrestricted.

FUTURE PLANS

The Trustees and Management are committed to working closely to ensure that Jigsaw + can continue to offer high quality support to our learners and grow the service through the remainder of the Covid-19 pandemic and beyond. We look to continue to improve services and resources for the lifelong learning, integration, guidance, assessment and support of people affected by an autism spectrum disorder in these challenging circumstances.

We will also continue to promote a greater knowledge and understanding of autism spectrum disorders by the public and those concerned with the welfare of those affected by autism, , with the aim of creating and delivering an integrated model for lifelong learning.

Notwithstanding the on-going challenges to our day-to-day service delivery, we continue to aspire to expand our services to offer independent living options, which a growing number of our learners and their families require.

Page 5

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Charity constitution

Jigsaw + is constituted as a company limited by guarantee and was incorporated on 1 November 2012. The company is registered under the Companies Act, England and Wales (Company Registration Number 08278978) and with the Charity Commission (Charity Registration Number 1151727) and is governed by its memorandum and articles of association

The Jigsaw Trust is the sole member of Jigsaw + and provides services principally finance, facilities, HR and IT to Jigsaw +. Staff in these business areas are employed by The Jigsaw Trust and the costs associated with these areas are apportioned between the activities of The Jigsaw Trust and Jigsaw +.

Recruitment and appointment of new trustees

The Articles of Association stipulate that there must be a minimum of three trustees and a maximum of thirty trustees.

Organisational structure

Overall responsibility for the charity lies with the trustees, a number of whom additionally sit on the Board of Trustees for The Jigsaw Trust.

Induction and training of new trustees

Potential trustees are invited to informally attend trustee meetings prior to appointment and a comprehensive induction programme is available. Additionally individual trustees may undertake external training in a particular area of their role.

Related parties

No trustee had any beneficial interest in any contract with the charitable company during the year. Save as disclosed in Note 21 to the Financial Statements there were no related party transactions during the financial year.

Risk management

The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08278978 (England and Wales)

Registered Charity number

1151727

Registered office

19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD

Trustees

Mr S R Vincent Mr G Prothero Ms J A Kiely Trustee Miss L Reed Trustee Mr A Cavell Director (appointed 22.2.21) Mr B S C Revell Trustee (appointed 16.3.21) Mr D Chadwick Trustee (appointed 23.3.21) (resigned 19.6.21)

Page 6

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary

Ms C F Grant

Auditors

Mr Thurairatnam Sudarshan FCCA Raffingers LLP, Statutory Auditor Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD

CHARITABLE OBJECTS AND PUBLIC BENEFIT

Jigsaw + is established for the public benefit by way of offering lifelong learning opportunities and promoting the welfare of adults with autism spectrum disorder and related communication disorders, improving the lives of those affected by these lifelong disorders.

In deciding the activities of the charitable company, the Trustees have had due regard to the public benefit guidance produced by the Charity Commission for England and Wales.

The aims of the charitable company for the public benefit are detailed in the 'Objectives and Activities' section of this report and the main activities undertaken in order to carry out the charitable company's aims for the public benefit are outlined under 'Achievements and Performance' above.

The activities that the charitable company provides that are considered for the public benefit in summary are:

These activities are for the benefit of individuals with autism spectrum disorder and related communication disorders, either directly or indirectly by way of supporting parents, carers or professionals involved in the education and welfare of those with autism. The opportunity to benefit is not restricted to any one local authority but is determined by the number of places available at Jigsaw CABAS School and Jigsaw+ Centre for Lifelong Learning. There is no restriction by gender, although more beneficiaries are male rather than female due to the prevalence characteristics of autism.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Jigsaw + for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 7

JIGSAW + (REGISTERED NUMBER: 08278978)

REPORT OF THE TRUSTEES for the year ended 31 August 2021

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Raffingers LLP, Statutory Auditor, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 21 April 2022 and signed on its behalf by:

Mr G Prothero - Trustee

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF JIGSAW +

Opinion

We have audited the financial statements of Jigsaw + (the 'charitable company') for the year ended 31 August 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 22 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF JIGSAW +

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF JIGSAW +

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102) (effective 1 January 2019), Trustees Act, Bribary Act and data protection;

We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and

other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF JIGSAW +

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Thurairatnam Sudarshan FCCA (Senior Statutory Auditor) for and on behalf of Raffingers LLP, Statutory Auditor Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD

25 April 2022

Page 12

JIGSAW +

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Charitable activities
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
6
Charitable activities
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
-
2,020,528
-
-
2,020,528
2,005,357
15,171
192,784
207,955		 Restricted
fund
£
9,250
-
140,016
-
149,266
127,358
21,908
572,978
594,886		 2021
Total
funds
£
9,250
2,020,528
140,016
-
2,169,794
2,132,715
37,079
765,762
802,841		 2020
Total
funds
£
51,493
1,806,256
-
265
1,858,014
1,699,592
158,422
607,340
765,762

The notes form part of these financial statements

Page 13

JIGSAW + (REGISTERED NUMBER: 08278978)

BALANCE SHEET

31 August 2021

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
15
NET ASSETS
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
36,050
238,939
262,212
501,151
(267,946)
233,205
269,255
(61,300)
207,955		 Restricted
fund
£
538,237
-
93,413
93,413
(36,764)
56,649
594,886
-
594,886		 2021
Total
funds
£
574,287
238,939
355,625
594,564
(304,710)
289,854
864,141
(61,300)
802,841
207,955
594,886
802,841		 2020
Total
funds
£
663,496
189,489
298,282
487,771
(324,205)
163,566
827,062
(61,300)
765,762
192,784
572,978
765,762

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 April 2022 and were signed on its behalf by:

Mr G Prothero - Trustee

The notes form part of these financial statements

Page 14

JIGSAW +

CASH FLOW STATEMENT for the year ended 31 August 2021

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2021
£
68,037
(3,219)
64,818
-
-
-
(7,475)
(7,475)
57,343
298,282
355,625		 2020
£
56,567
(1,815)
54,752
(213,109)
265
(212,844)
(9,000)
(9,000)
(167,092)
465,374
298,282

The notes form part of these financial statements

Page 15

JIGSAW +

NOTES TO THE CASH FLOW STATEMENT for the year ended 31 August 2021

1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021
£
Net income for the reporting period (as per the Statement of
Financial Activities)
37,079
Adjustments for:
Depreciation charges
89,209
Interest received
-
Interest paid
3,219
Increase in debtors
(49,450)
Decrease in creditors
(12,020)
Net cash provided by operations
68,037
2.
ANALYSIS OF CHANGES IN NET FUNDS		 2020
£
158,422
96,381
(265)
1,815
(5,344)
(194,442)
56,567
Net cash
Cash at bank and in hand
Debt
Debts falling due within 1 year
Debts falling due after 1 year
Total		 At 1.9.20
Cash flow
At 31.8.21
£
£
£
298,282
57,343
355,625
298,282
57,343
355,625
(7,663)
7,475
(188)
(61,300)
-
(61,300)
(68,963)
7,475
(61,488)
229,319
64,818
294,137

The notes form part of these financial statements

Page 16

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The trustees, in their consideration of going concern, have reviewed the charity's future cash flow forecasts and revenue projections which they believe are based on market data and past experience of similar charities. The charity is subject to a number of risks and uncertainties, and a risk register has been prepared which sets out the risks and the controls that are in place to mitigate their effect. The trustees believe that the charity is adequately placed to manage its risks

After making enquiries, and taking into account the above, the trustees have formed a judgement, at the time of approving the financial statements, that there is a reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. For this reason, they have adopted the going concern basis in preparing the financial statements.

Income

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.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the company where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

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.

Charitable activities

Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

continued...

Page 17

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

1. ACCOUNTING POLICIES - continued

Governance costs

Governance costs comprise those costs associated with meeting the constitutional and strategic requirements of the charity and the audit fees and costs linked to the strategic management of the charity

Allocation and apportionment of costs

Overhead and support costs relating to charitable activities have been apportioned based on staff time.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - 5% on cost Fixtures, fitting and office equipment - 33% on cost Motor vehicles - 20% on cost

The cost of tangible fixed assets includes expenditure incurred in bringing the assets into working condition for their intended use. Items of equipment are capitalised where the unit purchase price exceeds £5,000.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 18

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

2.
DONATIONS AND LEGACIES
Grants
Grants received, included in the above, are as follows:
Grants received (restricted)
3.
OTHER TRADING ACTIVITIES
Infection Control Fund from Surrey
National Lottery Grant
Insurance claim against exceptional Covid-19 costs
Other
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Learning and support income
6.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Charitable activities
2,050,935		 2020
£
51,493
2020
£
51,493
2020
£
-
-
-
-
-
2020
£
265
2021 2020
£ £
2,020,528 1,806,256
Support
costs (see
note 7)
£
81,780		 Totals
£
2,132,715

continued...

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JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

7. SUPPORT COSTS

8.

SUPPORT COSTS
Governance
costs
£
Charitable activities 81,780
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
£ £
Auditors' remuneration 9,222 8,400
Depreciation - owned assets 89,209 96,381
Other operating leases 190,947 160,035

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2021
£
1,266,502
66,621
12,384
1,345,507		 2020
£
1,138,195
65,323
14,654
1,218,172

The average monthly number of employees during the year was as follows:

Management
Administrative staff
Support workers		 2021
2
4
42
48		 2020
2
3
41
46

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2021 2020
£80,001 - £90,000 1 1

continued...

Page 20

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
Charitable activities
Charitable activities
1,806,256
Investment income
265
Total
1,806,521
EXPENDITURE ON
Charitable activities
Charitable activities
1,645,088
NET INCOME/(EXPENDITURE)
161,433
RECONCILIATION OF FUNDS
Total funds brought forward
31,351
TOTAL FUNDS CARRIED FORWARD
192,784
12.
TANGIBLE FIXED ASSETS
Fixtures,
fitting
and
Short
office
leasehold
equipment
£
£
COST
At 1 September 2020 and 31 August 2021
688,052
303,682
DEPRECIATION
At 1 September 2020
82,502
298,037
Charge for year
67,313
5,645
At 31 August 2021
149,815
303,682
NET BOOK VALUE
At 31 August 2021
538,237
-
At 31 August 2020
605,550
5,645		 Restricted
fund
£
51,493
-
-
51,493
54,504
(3,011)
575,989
572,978
Motor
vehicles
£
82,255
29,954
16,251
46,205
36,050
52,301		 Total
funds
£
51,493
1,806,256
265
1,858,014
1,699,592
158,422
607,340
765,762
Totals
£
1,073,989
410,493
89,209
499,702
574,287
663,496

continued...

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JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 16)
Trade creditors
Amounts owed to group undertakings
Social security and other taxes
Other creditors
Accruals and deferred income
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 16)
16.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans		 2021
£
190,613
35,060
13,266
238,939
2021
£
188
15,451
-
16,440
189,142
83,489
304,710
2021
£
61,300
2021
£
188
61,300		 2020
£
141,985
31,557
15,947		 2020
£
141,985
31,557
15,947
189,489
2020
£
7,663
24,766
3,668
89,746
189,962
8,400
324,205
2020
£
61,300
2020
£
7,663
61,300

The loan is secured on the assets of the charity and the assets of The Jigsaw Trust, a related charity.

continued...

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JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

17. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Between one and five years
In more than five years
18.
MOVEMENT IN FUNDS
At 1.9.20
£
Unrestricted funds
General fund
192,784
Restricted funds
Restricted fund
572,978
TOTAL FUNDS
765,762
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
2,020,528
Restricted funds
Restricted fund
149,266
TOTAL FUNDS
2,169,794
Comparatives for movement in funds
At 1.9.19
£
Unrestricted funds
General fund
31,351
Restricted funds
Restricted fund
575,989
TOTAL FUNDS
607,340		 2021
£
477,500
2,196,500
2,674,000
Net
movement
in funds
£
15,171
21,908
37,079
Resources
expended
£
(2,005,357)
(127,358)
(2,132,715)
Net
movement
in funds
£
161,433
(3,011)
158,422		 2020
£
477,500
2,196,500
2,674,000
At
31.8.21
£
207,955
594,886
802,841
Movement
in funds
£
15,171
21,908
37,079
At
31.8.20
£
192,784
572,978
765,762

continued...

Page 23

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

18. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
1,806,521
51,493
1,858,014		 Resources
expended
£
(1,645,088)
(54,504)
(1,699,592)		 Movement
in funds
£
161,433
(3,011)
158,422

19. EMPLOYEE BENEFIT OBLIGATIONS

The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company, being invested with an insurance company. Contributions payable by the company to the fund amounted to £11,765 during the year (2020 - £13,848). There were no prepaid or accrued contributions at 31 August 2021 or 31 August 2020.

20. CONTINGENT LIABILITIES

There were no contingent liabilities at either the beginning or end of the financial year.

21. RELATED PARTY DISCLOSURES

At the balance sheet date, the charity owed £155,626 (2020 - £155,626 to The Jigsaw Trust, a sister charity.

22. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

23. COMPANY LIMITED BY GUARANTEE

The guarantee of the members is limited to £1 each. There were four members at 31 August 2021 (31 August 2020: three). The liability of the members extends to twelve months after the date of resignation.

Page 24