| Page | |
|---|---|
| Report ofthe Trustees | 1 to 13 |
| Report ofthe Independent Auditors |
14 to 16 |
| Statement ofFinancial Activities | 17 |
| Consolidated Balance Sheet |
18 |
| Balance Sheet | 19 |
| Cash Flow Statement | 20 |
| Notes to the Cash Flow Statement | 21 |
| Notes to the Financial Statements | 22 to 31 |
| The financial | The financial | The financial | statements | statements | comply | comply | with | the Charities Act 2011,the Companies | the Charities Act 2011,the Companies | the Charities Act 2011,the Companies | the Charities Act 2011,the Companies | Act 2006, | the Memorandum | and Articles |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ofAssociation | and Accounting | and Reporting by Charities: |
Statement ofRecommended | Practice applicable | to charities | |||||||||
| preparing | their accounts | in accordance | with the Financial Reporting | Standard | applicable | in the UK and Republic of | ||||||||
| Ireland (FRS | 102)(effective | 1 January | 2015). | |||||||||||
| Reference | and administrative | details | ||||||||||||
| Registered | charity name | Independent Lives (Disability) |
||||||||||||
| Charity registration | number | 1153815 | ||||||||||||
| Company | registration | number | 08654797 | |||||||||||
| Registered | office | Southfield House |
||||||||||||
| 11 Liverpool Gardens |
||||||||||||||
| Worthing | ||||||||||||||
| West Sussex | ||||||||||||||
| BN11 1RY | ||||||||||||||
| Auditor | Sheen Stickland | |||||||||||||
| Chartered Accountants k |
Statutoiy | Auditors | ||||||||||||
| 7 East Pallant | ||||||||||||||
| Chichester | ||||||||||||||
| West Sussex | ||||||||||||||
| PO19 1TR | ||||||||||||||
| Bankers | Barclays Bank | |||||||||||||
| 1 Chapel Road | ||||||||||||||
| Worthing | ||||||||||||||
| West Sussex | ||||||||||||||
| BN11 1EX | ||||||||||||||
| The trustees/directors | ||||||||||||||
| The trustees | who served | the company | during the period (with trustee |
start dates shown | in brackets for each) were as | |||||||||
| follows: | ||||||||||||||
| Mr A Siganporia | (Treasurer) | (06/07/20) | ||||||||||||
| Mr D Hardman | (Vice Chair) | (19/06/17) | ||||||||||||
| Mr C Green (Chair) (19/06/17) | ||||||||||||||
| Mr S Wilson (19/06/17) | ||||||||||||||
| Ms C Poke (31/10/19-21/07/21) | ||||||||||||||
| Ms JTuck (07/11/19) | ||||||||||||||
| Chief Executive Officer | Mrs R Smicle |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| fund | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
||||||||
| Charitable Activities |
2,528,568 | 16,305 | 2,544,873 | 2,200,863 | ||||
| Trading subsidiary income |
589,172 | 589,172 | 566,789 | |||||
| Investment income |
104 | |||||||
| Other income | ||||||||
| Total | 3, 1 1.7,740 | 16,305 | 3,134,045 | 2,767,756 | ||||
| EXPENDITURE ON | ||||||||
| Raising Funds | ||||||||
| Trading subsidiary costs Charitable activities |
360,554 | 360,554 | 355,980 | |||||
| Direct Payments &Personal |
Health | Budget | ||||||
| Support | 972,501 | 972,501 | 843,971 | |||||
| Recruitment | 139 | 139 | 39,720 | |||||
| Care Service | 1,637,205 | 1,637,205 | 1,312,044 | |||||
| Personalisation, Equalities, |
Research | and | ||||||
| Development | 64,266 | 64,266 | 61,344 | |||||
| Skills for. Care | 250 | 250 | 20,403 | |||||
| Total | 3,034,666 | 250 | 3,034,916 | 2,633,462 | ||||
| NET INCOME/(EXPENDITURE) | 83,074 | 16,055 | 99,129 | 134,294 | ||||
| NET MOVEMENT IN FUNDS |
83,074 | 16,055 | 99,129 | 134,294 | ||||
| RECONCILIATION OF |
FUNDS | |||||||
| Total funds brought forward |
519,590 | 31,648 | 551,238 | 416,944 | ||||
| TOTAL FUNDS CARRIED FORWARD | 602,664 | 47,703 | 650,367 | 551,238 | ||||
| CONTINUING OPERATIONS |
||||||||
| All income and expenditure | has | ru isen fiom | continuing | activities. |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | f. | f | |||
| FIXEDASSETS | |||||
| Tangible assets |
6,063 | 6,063 | 15,171 | ||
| 6,063 | 6,063 | 15,171 | |||
| CURRENT ASSETS | |||||
| Debtors Cash atbank and in hand |
14 | 546,858 563 426 |
47,703 | 546,858 611,129 |
409,328 543 524 |
| 1,110,284 | 47,703 | 1,157,987 | 952,852 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (513,683) | (513,683) | (416,785) | |
| NET CURRENT ASSETS | 596,601 | 47,703 | 644,304 | 536,067 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 602,664 | 47,703 | 650,367 | 551,238 | |
| NET ASSETS | 602,664 | 47,703 | 650 367 | 551,236 | |
| FUNDS | 16 | ||||
| Unrestricted funds Restricted funds |
602,664 47,703 |
519,590 31,648 |
|||
| TOTAL FUNDS | 650,367 | 551,238 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | Funds | |||
| FIXEDASSETS | ||||||
| Tangible assets Investment |
12 13 |
5,476 5 |
5,476 5 |
14,215 5 |
||
| 5,481 | 5,481 | 14,220 | ||||
| CURRENT ASSETS | ||||||
| Debtors Cash atbank and in hand |
14 | 527,185 423 631 |
47,703 | 527,185 473 334 |
369,333 398,927 |
|
| 952,816 | 47,703 | 1,000,519 | 768,260 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 15 | (355633) | (355,633) | (231,242) | |
| NKT CURRENT ASSETS | 597,183 | 47,703 | 644,886 | 537,018 | ||
| TOTAL ASSETS LESSCURRENT | ||||||
| I.IABILITIKS | 602,664 | 47,703 | 650,367 | 551,238 | ||
| NET ASSETS | 602,664 | 47,703 | 650,367 | 551,238 | ||
| FUNDS | ||||||
| Unrestricted funds Restricted funds |
602,664 47,703 |
519,590 31,648 |
||||
| TOTAL FUNDS | 650,367 | 551,238 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating activities; Cash generated from operations Interest received Interest paid |
68,347 ~742) |
171,848 161 ~752) |
|||
| Net cash provided by (used in) operating |
67 605 | 171257 | |||
| activities | |||||
| Cash flows from investing activities: |
|||||
| Purchase of intangible fixed assets |
(8,167) | ||||
| Purchase of tangible fixed assets |
|||||
| Interest received | |||||
| Net cash provided by (used in) investing |
(8, 167) | ||||
| activities | |||||
| Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning |
of | 67,605 543 524 |
163,090 380434 |
||
| the reporting period |
|||||
| Cash and cash equivalents at the end |
of the | 511 129 | 543,524 | ||
| reporting period |
| RECONCILIATION ACTIVITIES |
O | FNET INCOME/(E | XPENDITURE) TO NET CASH |
FLOW FROM | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Net income/(expenditure) offinancial activities) |
for the reporting | period (as per the stateinent | 99,129 | 134,294 | |
| Adjustments for: |
9,108 | 10,424 | |||
| Depreciation charges |
|||||
| Loss on disposal | (161) | ||||
| Interest received | 742 | 752 | |||
| Interest paid | |||||
| (Increase) in stock Decrease/ (Increase) |
in | debtors | (122,631) 81999 |
(84,104) 110643 |
|
| Increase/ (Decrease) |
in | creditors | |||
| Net cash provided | by | (used in) operating | activities | 68,347 | 171,848 |
| of 5 ordin | ary share |
s of KI | . A summary ofthe trading |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Trading | subsidiary | gross | income | 626,120 (365,452i |
596,263 i3355,980 |
| Trading | subsidiary | costs | |||
| Deed of | covenant | payable | to the parent charity | 260,668 | 240,283 |
| . | OTHER TRADING ACTIVITIES —GR | OTHER TRADING ACTIVITIES —GR | OUP | AND CHARITY connue | ||
|---|---|---|---|---|---|---|
| The assets and liabilities ofthe subsidiary | were: | |||||
| 2021 | 2020 | |||||
| 180,634 | 222,657 | |||||
| Current | assets | ~181,2167 | ~223 608 | |||
| Current | liabilities | |||||
| 582 | 951 | |||||
| Total Net Assets | ||||||
| Aggregate share capital and reserves |
||||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES —GROUP AND CHARITY | |||||
| 2021 | 2020 | |||||
| West | Sussex County Council Direct Payment | Support Contract | 419,696 2 125 177 |
419,696 1 781 167 |
||
| Other | ||||||
| 2,544,873 | 2,200,863 | |||||
| 5. | INVESTMENT INCOME —GROUP | AND | CHARITY |
| 2021 | 2020 |
|---|---|
| 104 |
| CHARITABLE | ACTIViTI | ES COSTS—GROUP AND | |||
|---|---|---|---|---|---|
| Direct costs | Support costs | Totals | |||
| (See note 7) | |||||
| Direct Payments | &Personal | Health Budget Support | 772,493 139 |
200,008 | 972,501 139 |
| Recruitment Care Service Personalisation, |
Equalities, | Research and Development | 1,514,489 28, 166 250 |
122,716 36,150 |
1,637,205 64,266 250 |
| Skills for Care | |||||
| 2,315,538 | 358,874 | 2,674,362 |
| COMPARATIVES | COMPARATIVES | FOR 2020 | Direct costs | Support costs | Support costs | Totals | ||
|---|---|---|---|---|---|---|---|---|
| (See note 7) | ||||||||
| Direct Payments Recruitment Care Service Personalisation, |
& Perssnal Health Budget Support Equalities, Research and Development |
742,944 29,526 1,242,323 40,409 20 403 |
101,027 10,194 69,721 20,935 |
843,971 39,720 1,312,044 61,344 20,403 |
||||
| Skills for Care | ||||||||
| 2,075 605 | 201,877 | 2277,482 | ||||||
| 7. | SUPPORT COSTS—CROUP AND CHARITY | Governance | ||||||
| Human resources |
Other costs | costs | Totals | |||||
| Direct Payments Support |
& Personal Health Budget | 131,262 83,531 |
64,204 37,309 |
4,542 1,876 |
200,008 122,716 |
|||
| Care Service Personalisation, |
Equalities, Research and |
23 866 | 10 803 | I 481 | 36 150 | |||
| Development | 238,659 | 112,316 | 7,899 | 358,874 |
| Included in governance usts in respect ofthe audit ofhe trading subsidiary is |
Included in governance usts in respect ofthe audit ofhe trading subsidiary is |
Included in governance usts in respect ofthe audit ofhe trading subsidiary is |
included in tradin |
g subsidiary co |
sts. | |
|---|---|---|---|---|---|---|
| COMP ARATIVE1S FOll 2020 | Human resources |
Other costs | Governance costs |
Totals | ||
| Direct Payments Support Recruitment |
& Pers&nal | Health Budget | 73,415 7,342 51,391 |
23,759 2,382 16,544 |
3,853 470 1,786 |
101,027 10,194 69,721 |
| Care Service Personalisation, |
Equalitits, | Research and | 14683 | 4 842 | I 410 | 20 935 |
| Development | 146,831 | 47,527 | 7,519 | 201,877 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Auditors' | remuneration | 10,633 | 9,850 | |
| Depreciation | - owned assets | 9,108 | 10,424 |
| 2021 | 2020 | ||
|---|---|---|---|
| Wages | and salaries | 2,244,969 | 1,922,047 |
| Social | security costs | 120,673 | 146,957 |
| Other | pension costs | 52,055 | 66,102 |
| 2,417,697 | 2,135,106 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Direct payments | 31 | 32 | ||
| Recruitment solutions |
0 | 1 | ||
| Care Service | 59 | 62 | ||
| Skills for Care | and PA Training | support | 1 | 1 |
| Banking Admin | Service | 3 | 3 | |
| Independent Payroll Service |
7 | 8 | ||
| 100 | 107 |
| 11. | TANGIBLE FIXEDASSETS —GROUP | ||||
|---|---|---|---|---|---|
| Leasehold | Fixtures and | Computer | |||
| improvements | fittings | equipment | Totals | ||
| COST | |||||
| At 1"January and |
53,326 | 41,684 | 232,397 | 327,407 | |
| 31st December 2021 | |||||
| DEPRECIATION | |||||
| At 1st January 2021 | 53,326 | 38,899 | 220,011 | 301,812 | |
| Charge for year | 1,642 | 7,466 | 9,108 | ||
| At 31st December 2021 | 53,326 | 40,541 | 227,477 | 321,344 | |
| NET BOOK VALUE | |||||
| At 31st December 2021 | 1,143 | 4,920 | 6,063 | ||
| At 31st December 2020 | 2,785 | 12,836 | 15,171 | ||
| 12. | TANGIBLE FIXFDASSETS —CHARITY | ||||
| Leasehold | Fixtures and | Computer | |||
| improvements | fittings | equipment | Totals | ||
| COST | |||||
| At 1"January 2021 and | 53,326 | 32,935 | 232,397 | 318,658 | |
| 31stDecember 2021 | |||||
| DEPRECIATION | |||||
| At 1st Januaiy 2021 | 53,326 | 31,106 | 220,011 | 304,443 | |
| Charge for year | 1,273 | 7,466 | 8,739 | ||
| At 31st December 2021 | 53,326 | 32,379 | 227,477 | 313,182 | |
| NET BOOK VALUE | |||||
| At 31st December 2021 | 556 | 4,920 | 5,476 | ||
| At 31st December 2020 | 1,829 | 12,386 | 14,125 |
| GROUP | CHARITY | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | ||
| Trade debtors | 464,880 | 335,218 | 435,096 | 307,810 | |
| Amounts owed to group undertakings |
23,166 | ||||
| Other debtors | 15,400 | 11,246 | 15,400 | 11,246 | |
| Prepayments | and accrued income | 66,578 | 62,864 | 53,523 | 50,277 |
| 546,858 | 409,328 | 527,185 | 369,333 |
| GROUP | CHARITY | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | ||
| Trade creditors | 161,348 | 161,258 | 23,258 | 14,608 | |
| Amounts | owed to group undertakings | 38,065 | |||
| Social security | 48,158 | 44,586 | 48,158 | 44,586 | |
| VAT | 50,254 | 90,601 | 35,417 | 76,438 | |
| Other creditors | 190,328 | 72,714 | 190,243 | 12,619 | |
| Tax | |||||
| Accruals | and deferred income | 63,596 | 47,626 | 58,557 | 44,926 |
| 513,683 | 416,785 | 355,633 | 231,242 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.1.21 | in funds | funds | 31.12.21 | ||||
| Unrestricted funds |
|||||||
| General | fund | 519,590 | 83,074 | 602,664 | |||
| Restricted | funds | ||||||
| Skills for | Care - DPULO | 27,388 | 16,055 | 43 443 | |||
| Skills for | Care - Mindfulness | 3,719 | 3,719 | ||||
| Customer | social and wellbeing | events | 541 | 541 | |||
| 31,648 | 99,129 | 47,703 | |||||
| TOTAL | FUNDS | 551,238 | 99,129 | 650,367 |
| Incoming | Resources | Movement in |
|||
|---|---|---|---|---|---|
| resources | expended | funds | |||
| Unrestricted funds |
|||||
| General fund |
2,794,134 | (2,711,060) | 83,074 | ||
| Restricted | funds | ||||
| Skills for | Care —Disabled People's User Led Organisation | 16,305 | (250) | 16,055 | |
| Customer | social and wellbeing | events | |||
| TOTAL | FUNDS | 2,810,439 | ~2711,310) | 99,129 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.1.20 | in funds | funds | 31.12.20 | |||
| Unrestricted funds |
||||||
| General fund | 374,514 | 125,940 | 19,136 | 519,590 | ||
| Restricted funds |
||||||
| DP Support - Hampshire | County Council | 19,136 | (19,136) | |||
| Skills for Care —DPULO |
19,034 | 8,354 | 27,388 | |||
| Skills for Care - Mindfulness | 3,719 | 3,719 | ||||
| Customer social and wellbeing | events | 541 | 541 | |||
| 42,430 | 8,364 | ~19 136 | 31,648 | |||
| TOTAL FUNDS | 416944 | 134,294 | 551,238 |
| Incoming | Resources | Movement in |
|||||
|---|---|---|---|---|---|---|---|
| resources | expended | funds | |||||
| Unrestricted funds |
|||||||
| General fund |
2,412,493 | (2,286,553) | 125,940 | ||||
| Restricted | funds | ||||||
| Direct Payment Support |
—Hampshire | County Council | |||||
| Skills for | Care —Disabled People's User Led Organisation | 28,757 | (20,403) | 8,354 | |||
| Customer | social and wellbeing | events | |||||
| 28,757 | (20,403) | 8,354 | |||||
| TOTAL FUNDS | 2,441,250 | (2,306,956) | 134,294 |
| 2021 | 2020 | |
|---|---|---|
| Expiry date: | ||
| Within one year | 45,788 | 32,274 |
| Between one and five years | 31,538 | 30,599 |
| 77,326 | 62,873 |