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2022-08-31-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 2022

FOR

JIGSAW +

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

JIGSAW +

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2022

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
Detailed Statement of Financial Activities 25 to 26

JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

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 2022. 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.

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 carers 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 attend 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.

Page 1

JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

OBJECTIVES AND ACTIVITIES

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 46 learners in September 2021 (Whole time equivalent (WTE) 47.95) to 50 learners in August 2022 (WTE 51.35) 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 pandemic. 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 due to the pandemic.

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JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

OBJECTIVES AND ACTIVITIES

Our strategy

In 2021/22 the core strategic priority of Jigsaw + has remained that of continuing to grow services in a sustainable way, although this has remained a challenge due to the ability to attract staff, a situation common across much of the UK care sector. 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 throughout the financial year has been to ensure that our 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 under Covid guidelines meant that we were not able to offer an unrestricted service throughout the initial part of 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 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.

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 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 was an adverse impact on the financial performance for Jigsaw + as reflected in these financial results 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.

Regrettably, the impact of the market supplement, which has now been incorporated within the salary scales, proved insufficient to sustain recruitment levels from the latter part of the financial year and beyond as others within the care sector pursued similar increased remuneration packages. This allied with the ongoing levels of staff attrition meant that there was a significant risk that Jigsaw + would not be in a position to offer an unrestricted service from March 2023. Consequently, a salary uplift for all staff was approved by the Trustees effective from February 2023, the additional cost of which for the 2022-23 financial year can be met from reserves. This strategy has seen a significant increase in the number and quality of applicants and recruitment and retention rates are being closely monitored by the business and subject to enhanced reporting to Trustees.

Fee uplifts were negotiated during the 2021-22 financial year with those adult learners funded by Surrey County Council and a further fee increase is being sought for the 2022-23 financial year. Negotiations are being held with other local authorities who fund care packages for adult learners at Jigsaw + for similar increases.

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.

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JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

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.

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, this includes both Health and Social Care and Behaviour Analysis programmes. For the period from September 2021 to August 2022, the number of Staff gaining certification was:

All staff continue to complete mandatory training in health and social care via the CareSkills Academy, an online training platform. Staff are also required to complete mandatory training in safeguarding adults at risk, PROACT-SCIPr-UK, First Aid and behaviour analysis.

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 their 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 (Chigwell Consultancy), employed by The Jigsaw Trust. We are very grateful to the following who have provided support during the year:

Surrey County Council who contributed towards the costs of additional covid prevention measures. The Mulberry Trust and all those individuals who have supported Jigsaw + through gifts in kind.

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JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

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 2022, three months running costs are estimated at £545,000 and the total free reserves as at 31 August 2022 were £145,748. Although reserves as at 31st August 2022 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 LLP have undertaken the statutory external audit of Jigsaw +. They also report on the adequacy and effectiveness of Jigsaw + 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 2022 are shown in the attached financial statements.

Income from Charitable activities amounted to £2,082,571 representing an average WTE of 51 during the year. This is an increase in Charitable activity Income of £62,043 (3%) compared with 2020-21. In 2020-21 the average WTE stood at 48, an increase in the year therefore of 3.

Donations, legacy restricted funds and fundraising income attained in year were £33,304; a reduction of £115,962 from 2020-21 when funds attained were £149,266 In the main, this relates to fewer funds received towards the extraordinary costs associated with Covid.

There was a net reduction in funds of £62,207, (2020-21 Increase in funds of £37,079) with total funds carried forward of £740,634 (2020-21 £802,841). Of the funds at year end, £594,886 was restricted and the remaining £145,748 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 sustainably grow the service. 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.

We continue to aspire to expand our services to offer independent living options, which a growing number of our learners and their families require. It is however, recognised that the impact of the Covid pandemic on those looking to enter the care sector leading to a challenging recruitment market together with restrictions on local authority funding has impacted on our aspirations to develop an integrated life-long learning model and whilst this remains a medium-term aim, the immediate focus continues to be on ensuring the efficient operation and growth of our adult learner day service.

Page 5

JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

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 (resigned 12.5.22) Mr G Prothero Mrs J A Kiely Trustee (Chair) Miss L Reed Trustee Mr A Cavell Director Mr B S C Revell Trustee

Company Secretary

Ms C F Grant

Page 6

JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

REFERENCE AND ADMINISTRATIVE DETAILS Auditors

Raffingers LLP, Statutory Auditor 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).

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.

Page 7

JIGSAW +

REPORT OF THE TRUSTEES for the year ended 31 August 2022

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

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 2 May 2023 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 2022 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).

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 21 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:

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.

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.

Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF JIGSAW +

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

22 May 2023

Page 12

JIGSAW +

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
Charitable activities
Other trading activities
3
Total
EXPENDITURE ON
Charitable activities
5
Charitable activities
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
-
2,082,571
2
2,082,573
2,144,780
(62,207)
207,955
145,748		 Restricted
fund
£
2,456
-
30,846
33,302
33,302
-
594,886
594,886		 2022
Total
funds
£
2,456
2,082,571
30,848
2,115,875
2,178,082
(62,207)
802,841
740,634		 2021
Total
funds
£
9,250
2,020,528
140,018
2,169,796
2,132,717
37,079
765,762
802,841

The notes form part of these financial statements

Page 13

JIGSAW +

BALANCE SHEET

31 August 2022

Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
14
NET ASSETS
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
24,667
251,303
206,987
458,290
(290,995)
167,295
191,962
(46,214)
145,748		 Restricted
fund
£
502,427
-
92,459
92,459
-
92,459
594,886
-
594,886		 2022
Total
funds
£
527,094
251,303
299,446
550,749
(290,995)
259,754
786,848
(46,214)
740,634
145,748
594,886
740,634		 2021
Total
funds
£
574,287
238,939
355,625
594,564
(312,922)
281,642
855,929
(53,088)
802,841
207,955
594,886
802,841

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 2 May 2023 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 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by 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		 2022
£
(38,469)
(3,947)
(42,416)
(6,888)
(6,888)
(6,875)
(6,875)
(56,179)
355,625
299,446		 2021
£
68,037
(3,219)
64,818
-
-
(7,475)
(7,475)
57,343
298,282
355,625

The notes form part of these financial statements

Page 15

JIGSAW +

NOTES TO THE CASH FLOW STATEMENT

for the year ended 31 August 2022

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

OPERATING ACTIVITIES
2022 2021
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (62,207) 37,079
Adjustments for:
Depreciation charges 54,082 89,209
Interest paid 3,947 3,219
Increase in debtors (12,364) (49,450)
Decrease in creditors (21,927) (12,020)
Net cash (used in)/provided by operations (38,469) 68,037
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.21 Cash flow At 31.8.22
£ £ £
Net cash
Cash at bank and in hand 355,625 (56,179) 299,446
355,625 (56,179) 299,446
Debt
Debts falling due within 1 year (8,400) - (8,400)
Debts falling due after 1 year (53,088) 6,874 (46,214)
(61,488) 6,874 (54,614)
Total 294,137 (49,305) 244,832

2. ANALYSIS OF CHANGES IN NET FUNDS

The notes form part of these financial statements

Page 16

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2022

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 2022

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 2022

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.
INCOME FROM CHARITABLE ACTIVITIES
Learning and support income
5.
CHARITABLE ACTIVITIES COSTS
Charitable activities
6.
SUPPORT COSTS
Charitable activities		 2022
£
2,456
2022
£
2,456
2022
£
400
-
-
30,448
30,848		 2021
£
9,250
2021
£
9,250
2021
£
58,000
47,336
10,000
24,682
140,018
2021 2020
£ £
2,020,528 1,806,256
Direct
Costs
£
2,102,374		 Support
costs (see
note 6)
£
75,708		 Totals
£
2,178,082
Governance
costs
£
75,708

continued...

Page 19

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2022 2021
£ £
Auditors' remuneration 9,418 9,222
Depreciation - owned assets 54,081 89,209
Other operating leases 181,816 190,947

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.

9. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 2022
£
1,519,179
90,121
18,033
1,627,333		 2021
£
1,266,502
66,621
12,384
1,345,507

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

Management
Administrative staff
Support workers		 2022
2
4
43
49		 2021
2
4
42
48

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

£80,001 - £90,000
£90,001 - £100,000		 2022
-
1
1		 2021
1
-
1

continued...

Page 20

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Other trading activities
Total
EXPENDITURE ON
Charitable activities
Charitable activities
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11.
TANGIBLE FIXED ASSETS
COST
At 1 September 2021
Additions
At 31 August 2022
DEPRECIATION
At 1 September 2021
Charge for year
At 31 August 2022
NET BOOK VALUE
At 31 August 2022
At 31 August 2021		 Short
leasehold
£
688,052
1,990
690,042
149,815
36,790
186,605
503,437
538,237		 Unrestricted
fund
£
-
2,020,528
2
2,020,530
2,005,359
15,171
192,784
207,955
Fixtures,
fitting
and
office
equipment
£
303,682
4,898
308,580
303,682
4,898
308,580
-
-		 Restricted
fund
£
9,250
-
140,016
149,266
127,358
21,908
572,978
594,886
Motor
vehicles
£
82,255
-
82,255
46,205
12,393
58,598
23,657
36,050		 Total
funds
£
9,250
2,020,528
140,018
2,169,796
2,132,717
37,079
765,762
802,841
Totals
£
1,073,989
6,888
1,080,877
499,702
54,081
553,783
527,094
574,287

continued...

Page 21

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022
£
Trade debtors
203,754
Other debtors
24,294
Prepayments
23,255
251,303
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Bank loans and overdrafts (see note 15)
8,400
Trade creditors
27,624
Social security and other taxes
23,177
Other creditors
191,018
Accruals and deferred income
40,776
290,995
14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022
£
Bank loans (see note 15)
46,214
15.
LOANS
An analysis of the maturity of loans is given below:
2022
£
Amounts falling due within one year on demand:
Bank loans
8,400
Amounts falling between one and two years:
Bank loans
46,214		 2021
£
190,613
35,060
13,266		 2021
£
190,613
35,060
13,266
238,939
2021
£
8,400
15,451
16,440
189,142
83,489
312,922
2021
£
53,088
2021
£
8,400
53,088

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

16. LEASING AGREEMENTS

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

Between one and five years
In more than five years		 2022
£
477,500
2,101,000
2,578,500		 2021
£
477,500
2,196,500
2,674,000

continued...

Page 22

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

17. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 At 1.9.21
£
207,955
594,886
802,841
Incoming
resources
£
2,082,573
33,302
2,115,875
At 1.9.20
£
192,784
572,978
765,762		 Net
movement
in funds
£
(62,207)
-
(62,207)
Resources
expended
£
(2,144,780)
(33,302)
(2,178,082)
Net
movement
in funds
£
15,171
21,908
37,079		 At
31.8.22
£
145,748
594,886
740,634
Movement
in funds
£
(62,207)
-
(62,207)
At
31.8.21
£
207,955
594,886
802,841

continued...

Page 23

JIGSAW +

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2022

17. 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
£
2,020,530
149,266
2,169,796		 Resources
expended
£
(2,005,359)
(127,358)
(2,132,717)		 Movement
in funds
£
15,171
21,908
37,079

18. 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 £17,131 during the year (2021 - £11,765). There were no prepaid or accrued contributions at 31 August 2022 or 31 August 2021.

19. CONTINGENT LIABILITIES

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

20. RELATED PARTY DISCLOSURES

At the balance sheet date, the charity owed £155,606 (2021 - £155,626) to The Jigsaw Trust, a sister charity.

21. 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.

22. COMPANY LIMITED BY GUARANTEE

The guarantee of the members is limited to £1 each. There were five members at 31 August 2022 (31 August 2021: four). The liability of the members extends to twelve months after the date of resignation.

Page 24

JIGSAW +

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2022

INCOME AND ENDOWMENTS
Donations and legacies
Grants
Other trading activities
Infection Control Fund from Surrey
National Lottery Grant
Insurance claim against exceptional Covid-19
costs
Other
Charitable activities
Learning and support income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other operating leases
Telephone, postage and stationery
Sundries
Recruitment costs
Materials and activities
Consultant fees and expenses
Training costs
Transport costs
Computer running costs
Short leasehold
Fixtures and fittings
Motor vehicles
Bank loan interest
Support costs
Governance costs
Wages
Social security
Pensions
Auditors' remuneration
Accountancy and payroll costs
Carried forward		 2022
£
2,456
400
-
-
30,448
30,848
2,082,571
2,115,875
1,462,781
85,252
17,131
181,816
16,257
20,987
49,779
109,869
53,100
9,807
35,690
1,876
36,791
4,898
12,393
3,947
2,102,374
56,398
4,869
902
9,418
4,121
75,708		 2021
£
9,250
58,000
47,336
10,000
24,682
140,018
2,020,528
2,169,796
1,221,082
63,285
11,765
190,947
17,312
26,687
18,496
331,472
30,473
7,639
37,350
2,001
67,313
5,645
16,251
3,219
2,050,937
45,420
3,336
619
9,222
3,183
61,780

This page does not form part of the statutory financial statements

Page 25

JIGSAW +

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 August 2022

for the year ended 31 August 2022
Governance costs
Brought forward
Legal and professional fees
Total resources expended
Net (expenditure)/income		 2022
£
75,708
-
75,708
2,178,082
(62,207)		 2021
£
61,780
20,000
81,780
2,132,717
37,079

This page does not form part of the statutory financial statements

Page 26