**REGISTERED COMPANY NUMBER: 08413881 (England and Wales) REGISTERED CHARITY NUMBER: 1154278**
## **HEALTHWATCH DERBYSHIRE LTD**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
**HEALTHWATCH DERBYSHIRE LTD**
**CONTENTS OF THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**|7|to|8|
|**Notes to the Financial Statements**|9|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**HEALTHWATCH DERBYSHIRE LTD**
**REPORT OF THE TRUSTEES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
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 March 2023. 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**
The charity's objectives are the advancement of health and social care and the relief of those in need by reason of youth, age, ill-health, disability or financial hardship by:
- Providing information and advice to the general public about local health and social care services;
- Making the views and experiences of members of the general public known to health and social care providers;
- Enabling local people to have a voice in the development, delivery and equality of access to local health and care services and facilities;
- Providing training and development of skills for volunteers and the wider community in understanding, scrutinising, reviewing and monitoring local health and care services and facilities.
## **Public benefit**
The charity's Trustees have had due regard to the public benefit guidance published by the Charity Commission.
Healthwatch Derbyshire gives people in Derbyshire a powerful voice locally, regionally and nationally. Healthwatch works to help local people get the best out of their local health and social care services. Whether it is improving them for today or helping to shape them for tomorrow.
Healthwatch Derbyshire has been set up to represent the views and experiences of patients, service users and members of the public, through targeted engagement activities. With the aim of influencing and improving the design and delivery of Health and Social Care Services.
Page 1
**HEALTHWATCH DERBYSHIRE LTD**
**REPORT OF THE TRUSTEES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **ACHIEVEMENT AND PERFORMANCE**
- Creating reports for service providers and commissioners with recommendations for the improvement of services.
- Managing information sharing agreements with key stakeholders, which have been instrumental in improvements to service delivery and design.
- Representing the voice of patients and the public in key strategic meetings in the health and care system.
- The regular scrutiny of comments received by members of the public, overseen by the work of the Intelligence, Insight and Action Sub Group (IIA). To identify areas of concern and discuss what action needs to be taken by Healthwatch.
- Producing regular feedback to keep key stakeholders up to date with our work, and support triangulation of data.
- Implementing our Enter and View programme.
- Feeding back to patients and the public about the impact their comments have had on service design and delivery. This happens through regular e-bulletins, written updates and through content on our website.
- Organising and targeting our engagement activity around key priorities with a clear rationale, in order to gather quality intelligence.
- Encouraging the active participation and involvement of local people as volunteers at all levels within the organisation and within all appropriate programmes and activities.
- Building on our digital presence through our communication function.
-The development of a Mental Health Engagement Service for service receivers and their carers called Mental Health Together.
## **FINANCIAL REVIEW**
## **Principal funding sources**
Our principal funding source is a yearly contract from Derbyshire County Council , which has been confirmed for the next 12 months, to represent patient and public interests in health and social care locally, with all income classified as un-restricted funds for all our activities.
The charity also had a three year contract which started on the 1 April 2017 and has been renewed since to deliver an Engagement Service for Mental Health Service Receivers and their Carers called Mental Health Together. The charity has also been awarded a contract from August 2022 to run the Living Well Engagement Service.
Healthwatch Derbyshire had a total income of £408,785 for the year ended 31 March 2023, actively working in partnership with our commissioners to ensure value for money and effective use of our resources while developing strategic direction for the future.
## **Reserves policy**
It is the aim of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month's expenditure.
Page 2
**HEALTHWATCH DERBYSHIRE LTD**
**REPORT OF THE TRUSTEES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **FINANCIAL REVIEW**
## **Operating Efficiently**
Healthwatch Derbyshire has effective governance and accountability and risk systems in place to oversee the work and ensure it has a robust management and staff structure to deliver the service remit.
We will continue to seek efficiencies and cost savings in our coming year, with frequent monitoring of expected costs and effective financial management critical to securing evidence based value for money and critical outcomes of engagement activities for people to receive of their local health and social care services.
## **Restricted Funds**
During the year the charity received restricted funds of £101,919 to run the Mental Health Together service and Living Well Contract, both of which are an engagement service for Mental Health Service Receivers and their Carers.
## **Reserves Policy**
Trustees are aware that the Charity has unpredictable incoming resources during each year and as such needs to retain adequate reserves to deal with such fluctuations. In the opinion of the Trustees , three months of operational costs should ideally be maintained as unrestricted reserves in order to meet the Charity's objectives.
The unrestricted reserves held at 31 March 2023 £94,156 (2022 - £142,014) equate to at least three months of operational costs based on average expenditure for 2022/2023.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity was originally incorporated under the Companies Act 1985 on 21 February 2013 as a company limited by guarantee and is governed by its Memorandum and Articles of Association which were amended by special resolution on 9 July 2013. It was registered as a charity on 18 October 2013.
## **Recruitment and appointment of new trustees**
A director (who also serves as a trustee and management group member) must be aged 18 years or older. Directors are appointed at the Annual General Meetings or by other directors. For full details of the appointment and duties of directors please refer to the Articles of Association. After the first Annual General Meeting, at each subsequent annual general meeting, one third of the directors, or, if their number is not three or a multiple of three, the number nearest to one third, must retire from office. Retiring directors can stand for appointment as directors again if they wish to do so. It is accepted that potential directors could be identified by personal recommendation or by advertising the vacancy.
## **Organisational structure**
The Trustees delegate management responsibilities to the Chief Executive and also delegate certain functions to sub-committees. Each sub-committee has specific terms of reference and a chairman appointed by the Trustees. Trustees strengthen the sub-committees by co-opting experts in the relevant field when required.
This delegation is controlled by requiring regular reporting from the Chief Executive and the sub-committees to the Board of Trustees. Trustees acknowledge that such a system is designed to manage rather than eliminate the risk of failure to achieve Healthwatch Derbyshire's charitable purposes, and can only provide reasonable and not absolute assurance against material misstatement or loss.
Through the oversight of the Finance and Audit and Governance Sub-committees, Trustees review the effectiveness of the system of internal control and risk management.
Page 3
**HEALTHWATCH DERBYSHIRE LTD**
## **REPORT OF THE TRUSTEES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Wider network**
Healthwatch Derbyshire is part of a national network of Healthwatch organisations in England.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
08413881 (England and Wales)
## **Registered Charity number**
1154278
## **Registered office**
Unit 14 Riverside Business Centre Foundry Lane Milford Derbyshire DE56 0RN
## **Trustees**
Mrs H M Barker (resigned 17.10.22) Mrs D Gould Mr T M Broadley Mrs H Parry-Payne Mr A Garrett Dr F Marshall H Severns (appointed 12.9.22)
## **Independent Examiner**
G S Gilbert FCA CAMERON HUGHES LTD Chartered Accountants 16 Jubilee Parkway Jubilee Business Park Derby Derbyshire DE21 4BJ
Approved by order of the board of trustees on 12 June 2023 and signed on its behalf by:
Mrs D Gould - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEALTHWATCH DERBYSHIRE LTD**
## **Independent examiner's report to the trustees of Healthwatch Derbyshire Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
G S Gilbert FCA
CAMERON HUGHES LTD Chartered Accountants Derby
Date: .............................................
Page 5
## **HEALTHWATCH DERBYSHIRE LTD**
## **STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
306,865
Investment income
2
1,215
**Total**
308,080
**EXPENDITURE ON**
**Charitable activities**
Cost of provision of services
345,856
Other
10,083
**Total**
355,939
**NET INCOME/(EXPENDITURE)**
(47,859)
**RECONCILIATION OF FUNDS**
Total funds brought forward
142,014
**TOTAL FUNDS CARRIED FORWARD**
94,155|Restricted
funds
£
101,920
-
101,920
97,067
3,301
100,368
1,552
55,162
56,714|2023
Total
funds
£
408,785
1,215
410,000
442,923
13,384
456,307
(46,307)
197,176
150,869|2022
Total
funds
£
416,928
49|
|---|---|---|---|
||||416,977|
||||339,293
19,848|
||||359,141|
||||57,836
139,340|
||||197,176|
The notes form part of these financial statements
Page 6
## **HEALTHWATCH DERBYSHIRE LTD**
## **BALANCE SHEET** _**31 MARCH 2023**_
|Notes
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2023
£
7,490
16,728
131,969
148,697
(5,318)
143,379
150,869
150,869
94,156
56,713
150,869|2022
£
6,539
-
275,281
275,281
(84,644)
190,637
197,176
197,176
142,014
55,162
197,176|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 7
continued...
## **HEALTHWATCH DERBYSHIRE LTD**
## **BALANCE SHEET - continued** _**31 MARCH 2023**_
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 12 June 2023 and were signed on its behalf by:
Mrs D Gould - Trustee
The notes form part of these financial statements
Page 8
**HEALTHWATCH DERBYSHIRE LTD NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **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.
## **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.
## **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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 33% on cost
## **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.
## **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.
Page 9
continued...
**HEALTHWATCH DERBYSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||2023|2022|
||£|£|
|Deposit account interest|1,215|49|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||2023|2022|
||£|£|
|Depreciation - owned assets|5,300|4,950|
|Hire of plant and machinery|122|98|
|Deficit on disposal of fixed assets|416|-|
## **3. NET INCOME/(EXPENDITURE)**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
Travel costs amounting to £0 (2022 - £54) were reimbursed to 0 (2022 - 1) trustees during the year ended 31 March 2023.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||2023|2022|
|---|---|---|
|Charitable activities|15|13|
No employees received emoluments in excess of £60,000.
Page 10
continued...
**HEALTHWATCH DERBYSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022
Additions
Disposals
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
Eliminated on disposal
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
Accrued expenses|Fixtures
and
Computer
fittings
equipment
£
£
9,032
48,341
-
6,667
(3,043)
-
5,989
55,008
7,185
43,649
286
5,014
(2,627)
-
4,844
48,663
1,145
6,345
1,847
4,692
2023
£
16,728
2023
£
2,198
3,120
5,318|Totals
£
57,373
6,667
(3,043)
60,997
50,834
5,300
(2,627)
53,507
7,490
6,539
2022
£
-
2022
£
84,644
-
84,644|
|---|---|---|
Page 11
continued...
**HEALTHWATCH DERBYSHIRE LTD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **9. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
fund
£
Fixed assets
7,424
Current assets
92,050
Current liabilities
(5,318)
94,156
**10.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Mental Health Grant
Living Well
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Mental Health Grant
Living Well
**TOTAL FUNDS**|Restricted
funds
£
66
56,647
-
56,713
At 1.4.22
£
142,014
55,162
-
55,162
197,176
Incoming
resources
£
308,080
59,778
42,142
101,920
410,000|2023
2022
Total
Total
funds
funds
£
£
7,490
6,539
148,697
275,281
(5,318)
(84,644)
150,869
197,176
Net
movement
At
in funds
31.3.23
£
£
(47,858)
94,156
(11,189)
43,973
12,740
12,740
1,551
56,713
(46,307)
150,869
Resources
Movement
expended
in funds
£
£
(355,938)
(47,858)
(70,967)
(11,189)
(29,402)
12,740
(100,369)
1,551
(456,307)
(46,307)|
|---|---|---|
Page 12
continued...
**HEALTHWATCH DERBYSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.4.21
£
**Unrestricted funds**
General fund
100,961
**Restricted funds**
Mental Health Grant
38,379
Health Education England
-
38,379
**TOTAL FUNDS**
139,340
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
321,163
**Restricted funds**
Mental Health Grant
95,814
Health Education England
-
95,814
**TOTAL FUNDS**
416,977|Net
movement
At
in funds
31.3.22
£
£
41,053
142,014
17,257
55,636
(474)
(474)
16,783
55,162
57,836
197,176
Resources
Movement
expended
in funds
£
£
(280,110)
41,053
(78,557)
17,257
(474)
(474)
(79,031)
16,783
(359,141)
57,836|
|---|---|
Page 13
continued...
**HEALTHWATCH DERBYSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Mental Health Grant
Health Education England
Living Well
**TOTAL FUNDS**|At 1.4.21
£
100,961
38,379
-
-
38,379
139,340|Net
movement
in funds
£
(6,805)
6,068
(474)
12,740
18,334
11,529|At
31.3.23
£
94,156
44,447
(474)
12,740
56,713
150,869|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|629,243|(636,048)|(6,805)|
|**Restricted funds**||||
|Mental Health Grant|155,592|(149,524)|6,068|
|Health Education England|-|(474)|(474)|
|Living Well|42,142|(29,402)|12,740|
||197,734|(179,400)|18,334|
|**TOTAL FUNDS**|826,977|(815,448)|11,529|
Page 14
continued...
**HEALTHWATCH DERBYSHIRE LTD**
**NOTES TO THE FINANCIAL STATEMENTS - continued** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023.
Page 15
**HEALTHWATCH DERBYSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Pensions
Publicity costs
Travel expenses
Staff development costs
Volunteer costs and expenses
Room hire
**Support costs**
**Management**
Hire of office equipment
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Cleaning
Rent
IT support
Subscriptions
Board expenses
Volunteer training
Depreciation
**Finance**
Bank charges
Carried forward|2023
£
408,785
1,215
410,000
321,223
14,979
12,906
11,376
941
2,496
4,028
367,949
122
4,575
998
7,932
607
13,079
682
12,330
29,744
5,295
226
-
5,300
80,890
295
295|2022
£
416,928
49|
|---|---|---|
|||416,977
276,563
12,896
1,255
8,938
3,027
1,355
1,087|
|||305,121
98
2,200
506
5,049
604
2,388
294
11,699
12,238
6,094
-
1,245
4,950|
|||47,365
211
211|
This page does not form part of the statutory financial statements
Page 16
## **HEALTHWATCH DERBYSHIRE LTD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Finance**
Brought forward
Loss on sale of tangible fixed assets
**Governance costs**
Accountancy fees
Independent examiner's fees
HR professional fees
Trustees' travel expenses
Total resources expended
**Net (expenditure)/income**|2023
£
295
416
711
1,860
1,260
3,637
-
6,757
456,307
(46,307)|2022
£
211
-|
|---|---|---|
|||211
1,800
1,200
3,390
54|
|||6,444|
|||359,141|
|||57,836|
This page does not form part of the statutory financial statements
Page 17