**Charity number: 1154756** 

## **PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

**TRUSTEES' REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 30 SEPTEMBER 2021** 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **CONTENTS** 

||Page|
|---|---|
|**Reference and administrative details of the charity, its Trustees and advisers**|1|
|**Chairman's statement**|2 - 3|
|**Trustees' report**|4 - 7|
|**Independent auditors' report on the financial statements**|8 - 11|
|**Statement of financial activities**|12|
|**Balance sheet**|13|
|**Statement of cash flows**|14|
|**Notes to the financial statements**|15 - 34|





**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|**Trustees**|Christopher Harris, Chairman|
|---|---|
||John Knight, Treasurer|
||Joseph  Finlay, Secretary|
||Kate Nixon, Committee member (appointed 13 April 2021)|
||Sean Sadler, Committee member (appointed 13 April 2021)|
||Elizabeth Harris, Committee member|
||Wanda Arden, Committee member|
||Hester Wain, Committee member|



|**Charity registered**||
|---|---|
|**number**|1154756|
|**Principal office**|Guildford Road|
||Aldershot|
||Hampshire|
||GU12 4BP|
|**Independent auditors**|Mantax Lynton|
||Chartered  Accountants|
||Suite 207 Equitable House|
||7 General Gordon Square|
||London|
||SE18 6FH|
|**Bankers**|Lloyds Bank PLC|
||115 Victoria Road|
||Aldershot|
||Hampshire|
||GU11 1JQ|
||Nationwide Building Society|
||Northampton|



Page 1 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

The chairman presents his statement for the year. 

This Report is for the period 1st October 2020 – 30th September 2021, Parkside’s financial Year, which once again has been dominated by COVID-19.  As reported last year, the pandemic has resulted in significant changes to Parkside and the Support Services’ we deliver to our service users. 

During the Financial Year, with continued help from the Government furlough scheme, grants, donations, and additional cost saving measures, there was a cash surplus of £30,829 (2020: £53,187). It remains our intention to try and achieve a small surplus or deficit on an annual basis.  Thus, whilst our finances are currently sound, we anticipate significant financial pressures developing, so we will be closely monitoring the situation. 

However, although we continued to face various challenges during the 2nd year of the pandemic, it was not all doom and gloom.  As with the previous year, we managed to maintain close contact with our supporters.  This resulted in many donations for which we were most grateful.  Without doubt, this support has been critical during such a difficult year. Further details can be found later in the report 

We also benefited from several grants such as for our Children’s Club which secures its future through to March 2023. We were awarded 2 most welcome grants from the Co-op and Hampshire County Council (HCC) for assisting with the set up and on-going costs for our new Friendship Group. A grant from Farnborough Airport finally meant we could purchase some lovely items for the garden at Parkside which were enjoyed in the summer. We continued to receive financial support from HCC and Rushmoor Borough Council (RBC) to assist with our COVID-19 additional costs which was very helpful. Once again, further details can be found later in the report. 

It was reported last year that we were reviewing the future of the Farnborough Activity Base (FAB) Café. Unfortunately, on financial grounds, it was decided to close it, which was confirmed at the Annual General Meeting last April. We served notice on our lease with Hampshire County Council last October and have now completely vacated this space. However, we remain active with our PIP Youth groups in the Activity Room, which has grown from 3 to 5 days per week.  Our lease for this room takes us to September 2025. 

We have been able to secure another 10-year lease from RBC for the Parkside building and they continue to be extremely supportive of all our work.  With the closure and restrictions in place, we have spent much of the year catching up on maintenance issues which not only bring financial challenges but has also seen costs rise for services. We were however delighted that a close neighbour, who owns Da Vinchi Developments, kindly painted the front exterior of the building free of charge a generous and much appreciated gesture. 

Unfortunately, the pandemic prevented us from organising any large events, but we will be celebrating the Queens Jubilee in May 2022 as our first Parkside event for 2 years! 

During the reporting period, Support Services continued to meet the needs of all our service users who accessed the full range of services available. These continued to be delivered from Parkside, FAB, our garden at Gillian Avenue and out in the community as well as in service user’s homes.  Working in a pandemic world continues to be a challenge.  However, we have managed to continue to meet our service users’ needs whilst keeping them safe and meeting all government guidelines. 

We are very proud that our staff, both permanent and volunteers, and service users have remained positive throughout this situation. It has been especially pleasing to welcome back some long-standing volunteers and their contribution has been essential.  Everyone has been fully accommodating in maintaining the strict testing regime brought in by the Department of Health and Social Care which we must adhere to, and we have thankfully not had many cases that have affected our day-to-day operations. 

Page 2 



PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITY)
CHAIRMAN'S STATEMENT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
We did make difficult decision not to run our FAB and Take a Break Club$ anymore bul recognisgd that a
different type of social club was requir8d to meet this groups need. The pandemic has had a social offect on
many of our service users who have very little social actwities in their lives. Our new Saturday morning
Friendship group, launched last Juty, has been very well received. We hope that this unfvnéed group will settle
into a long-standing service from Parkside,. the initial take up has b8en very promising
COM
Christopher Harris
Trustee
Chairman
Date. ) I
Page 3

**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

The Trustees present their annual report together with the audited financial statements of the Parkside (Aldershot and District Learning Disability) for the 1 October 2020 to 30 September 2021. 

## **Structure, governance and management** 

## **a. Constitution** 

Parkside (Aldershot and District Learning Disability) is a registered charity, number 1154756, and is constituted under a Trust deed. 

The principal objective of the charity is to provide support to both children and adults with a learning disability and to support all opportunities for them to develop their individual skills and take part in activities within the local community. Individual needs can vary from requiring support to socialise with friends, to participating in leisure activities, meeting new people, developing life skills and providing respite for other family members. By reaching out into the community, Parkside aims to develop and strengthen its links with its residents and organisations, creating opportunities for everyone to be involved and included. 

## **b. Methods of appointment or election of Trustees** 

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Governing Document. 

## **c. Pay policy for key management personnel** 

The pay for  all staff is reviewed annually by the Trustees and Senior Managers. 

## **d. Financial risk management** 

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

## **Objectives and activities** 

## **a. Policies and objectives** 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission Guidance and Public Benefit documents especially CC3 ‘The essential trustee: what you need to know, what you need to do’ and PB2 'Running a charity'. 

## **b. Strategies for achieving objectives** 

The Trustees adopt a flexible approach to achieving the objectives. Services are reviewed constantly to assess if the best service is being provided. 

Page 4 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **Objectives and activities (continued)** 

## **c. Activities undertaken to achieve objectives** 

All activities undertaken are ultimately aimed at achieving objectives and meeting the needs of our service users. For example, our commitment to delivering a quality service; by all Trustees being involved in attending the various groups and activities that Parkside organise. Trustees undertake audits both observational and procedural. 

## **Achievements and performance** 

## **a. Review of activities** 

Prior to COVID-19, activities were reviewed at bi-monthly Senior Management meetings and alternate bi-monthly Trustee Board meetings. Minutes for these meetings are held on file. During the year, the pandemic limited the number of meetings that took place. 

Parkside has Quality Assurance measures in place and undertakes quarterly audits against fixed criteria. All outcomes are considered and discussed at Trustee meetings.  Once again, the pandemic limited the number of audits undertaken. 

## **b. Investment policy and performance** 

Parkside has a shares portfolio managed by Brewin Dolphin Investment Management. This is reviewed annually and discussed at Trustee meetings. 

Page 5 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **Financial review** 

## **a. Going concern** 

The Trustees have a reasonable expectation that the charity 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. 

## **b. Reserves policy** 

The charity has a policy of keeping liquid reserves to cover the operating cost for next 6 months.  The cash in bank over the period averaged 6 months reserve.  In addition, the investment portfolio covers another 4 months reserve. 

## **c. Material investments policy** 

The Trustees have agreed to retain the property at 37 Gillian Avenue as it provides a steady monthly income but also a substantial reserve should we be required to sell it. 

## **d. Principal risks and uncertainties** 

The Trustees have assessed the major risks to which the charity is exposed, especially those related to the operations and finances of the charity and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. These are listed in the Business Plan. 

## **e. Principal funding** 

Funding is generated by the sale of services to individuals and local authorities which accounts for most of the charity’s income. Grants and donations accounts for the rest, the timing and frequency of which are both variable and unpredictable. 

Page 6 



PARKSIDE IALDERSHOT AND DISTRICT LEARNING DISABILITY)
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
Statement of Trustoes. rgspon$ibilities
The Trustees are responsible for preparfng the Trustees. report and the financial statements in accordance wlth
applicabl8 law and Unrted Kingdom Ac¢oLtnting Standards (United Kingdom Generally Acc8pted Accounting
Practi¢el.
The law applicable to thartbes in England & Wales requlres the Trustees to prepare financial statements for
each financial which give a true and fair wew of the slate of affairs of the charity and of ils incoming resource8
and application of resources. including its income and expendituTr. for that period. In preparing these financial
statements, the Trustees are required to..
select suitsble accounting policies and then apply them consistently,
observe the m8thods and principles of the Charities SORP IFRS 102)-
make judgments and accounting estimaies that are reasonable and prudent.,
slate whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material
departures disclosed and explained in Ihe finanoal statements-
prepare tho financial statefflenls on the going concem basis unless il is inappropriate to pr88ume that tho
charity will conb'nue in business.
Th8 Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain
th8 charity's tr8nsa¢lions and disclose wth reasonable accuracy at any time the financial position of the charity
and enable Ihpm to ensure that the financ?al statements comply with the Chariti8s Act 2011, the Charity
(Accounts and Reports) Fiegulat'ons 2008 and the promsions of the Trust deed. They arg also responsible for
safeguarding the assets of the charity and ben￿ for taking reasonable steps for the pr8v8ntion and detection of
fraud and olhar I￿agUlarIties.
Dlsclosure of infomiatlon to auditors
Ea¢h of the persons who are Trustees at the time when this Trustees. report is approved has o)nfirmod that.
so far as that Trustee is aware, there is no relevanl audit information of thich the charitys auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any relevant audit infomiation and to establish that the charivs auditors are aware of that infomiation.
Auditors
Auditors are appointed at the AGM on an annual basis on a recommendation from the Trustees.
Approved by order of the members of the board of Trustees and signed on their behalf by..
CDM tkw£
Chrlstopher Harris
Chaiman
John Knight
Treasurer
Date..
Page 7

**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **Opinion** 

We have audited the financial statements of Parkside (Aldershot and District Learning Disability) (the 'charity') for the year ended 30 September 2021 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, 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, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. 

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. 

In our opinion the financial statements: 

- give a true and fair view of the state of the charity's affairs as at 30 September 2021 and of its incoming resources and application of resources for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act 2011. 

## **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 charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, 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 charity'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. 

Page 8 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) (CONTINUED)** 

## **Other information** 

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. 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. 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 course of 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. 

## **Matters on which we are required to report by exception** 

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: 

- the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- we have not received all the information and explanations we require for our audit. 

## **Responsibilities of trustees** 

As explained more fully in the Trustees' responsibilities statement, the Trustees are responsible for the preparation of the financial statements which 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 charity'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 charity or to cease operations, or have no realistic alternative but to do so. 

Page 9 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY) (CONTINUED)** 

## **Auditors' responsibilities for the audit of the financial statements** 

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 

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 an Auditors' report 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. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

- We obtained detailed understanding of the industry sector, control environment, legal and regulatory frameworks that are applicable to the Charity. 

- Based on our understanding, inquiry with the management and representation from those charged with governance we understood how the Charity is complying with laws and regulations. We corroborated our understanding with supporting evidence. 

- We assessed the internal controls established by the Charity in order to mitigate risk of fraud or noncompliance with laws and regulations including the risk of management override of control and considering revenue recognition as a fraud risk. We designed our audit procedure and performed testing in all risk areas with special focus on journal entries and unusual transactions. We performed substantive testing, analytical procedure and cut off in order to gain comfort on completeness of revenue. 

- Engagement team meeting discussed various risk areas including how and where fraud might occur in the financial statements including compliance with Charities Law and Regulation. The engagement partner assessed the competence of engagement team members to ensure the team possess skills to identify fraud risk and recognise non-compliance with applicable laws and regulations. 

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 Auditors' report. 

Page 10 



PARKSIDE {ALDER8HOT AND DISTrICT LEARNING DISABILrrYi
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF PARKSIDE {ALDERSHOT AND DISTRICT
LEARNING DISABIUTYI (CONTINUED
U#• of our report
Thi8 report 18 mad6 solèly lo the charitys trustees, as a in accordanc8 with Part 4 of the Chariti8$
(Accounts and Reports} R89ukt￿ns 2008. Our audtt work has been undertaken so th81 we rnighl slate to the
charity's IrLFStee$ those matters we 8re required lo slate to them in an Audilor8' report and for no other purpose.
To the fu118sI 8Xtgnt pgnnitied by law, we do not xcept or assume responsibility lo anyone other than tha chaiity
and ts trustees, 88 a body. for our audtt work, forthis report, or for the opinhJn$ we have fomied.
M•ntsx Lynton
Chartered A¢￿untants
Suite 207 Equitable House
7 General Gordon Square
London
SE18 6FH
'1 IoiL
Mantax Lynton we eligibb to ad as audrtors in temis of sect*)n 1212 of thg Companies Act 2006.
Page11

**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|**Note**<br>**Income from:**<br>Donations and legacies<br>3<br>Charitable activities<br>6<br>Fundraising income<br>7<br>Investments<br>8<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>9<br>Charitable activities<br>10<br>**Total expenditure**<br>**Total transfers**<br>**Net movement in funds before other**<br>**recognised gains**<br>**Other recognised gains:**<br>Gains on revaluation of Investment<br>Properties<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>Total funds brought forward<br>Net movement in funds<br>**Total funds carried forward**|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>**34,223**<br>**285,158**<br>**1,462**<br>**45,509**<br>**366,352**<br>**6,415**<br>**322,535**<br>**328,950**<br>**-**<br>**37,402**<br>**40,000**<br>**77,402**<br>**645,033**<br>**77,402**<br>**722,435**|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>**122,979**<br>**-**<br>**-**<br>**-**<br>**122,979**<br>**9**<br>**118,624**<br>**118,633**<br>**-**<br>**4,346**<br>**-**<br>**4,346**<br>**158,971**<br>**4,346**<br>**163,317**|**Total**<br>**funds**<br>**2021**<br>**£**<br>**157,202**<br>**285,158**<br>**1,462**<br>**45,509**<br>**489,331**<br>**6,424**<br>**441,159**<br>**447,583**<br>**-**<br>**41,748**<br>**40,000**<br>**81,748**<br>**804,004**<br>**81,748**<br>**885,752**|_Total_<br>_funds_<br>_2020_<br>_£_<br>_192,700_<br>_352,157_<br>_5,946_<br>_8,007_|
|---|---|---|---|---|
|||||_558,810_|
|||||_9,255_<br>_527,479_|
|||||_536,734_|
||||||
|||||_-_<br>_22,076_<br>_10,000_|
|||||_32,076_|
|||||_771,928_<br>_32,076_|
|||||_804,004_|



The Statement of financial activities includes all gains and losses recognised in the year. 

The notes on pages 15 to 34 form part of these financial statements. 

Page 12 



PARKSIDE {ALDERSHOT AND DISTRICT LEARNING D18ABILITY)
BALANCE SHE
AS AT 30 SEPTEMBER 2021
2021
2020
Not8
Flxed assets
Tangible assets
Investments
Investment prop8ty
16
17
18
57,412
199,552
385.000
70,050
166,114
345.(￿9
641,964
581,164
Curront assets
Debtors
Cash at bank and in hand
19
40.310
249.336
35,210
234.290
289.646
269.500
C￿dItorS. amounts falling due within one
year
20
145.858
(46,660)
Net current assets
243,788
222,840
Total assets less Current liabilitie$
885.752
804,004
Net assgts exeludlng penslon asset
885.7S2
804,004
Total net assets
885,752
804,004
Charlty funds
Restricted funds
Unrestricted fund5
21
163.317
722,435
158,977
645,033
21
Toial funds
885,752
804,004
The financial statements were approved and authorised for issue by the Trustees arKI signed on their behalf by..
Christopher Harris
Chalrman
John Knight
Treasurer
Dale-.
5qer92
The notes on pages 15 to 34 fomi part of these financial statements.
Page 13

**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|**Cash flows from operating activities**<br>Net cash used in operating activities<br>**Cash flows from investing activities**<br>Dividends, interests and rents from investments<br>Proceeds from the sale of tangible fixed assets<br>Purchase of tangible fixed assets<br>Proceeds from sale of investments<br>Purchase of investments<br>Cash balance movement in investment portfolio<br>**Net cash (used in)/provided by investing activities**<br>**Cash flows from financing activities**<br>**Net cash provided by financing activities**<br>**Change in cash and cash equivalents in the year**<br>Cash and cash equivalents at the beginning of the year<br>**Cash and cash equivalents at the end of the year**|**2021**<br>**£**<br>**21,650**<br>**3,277**<br>**-**<br>**(8,438)**<br>**-**<br>**(5,049)**<br>**3,606**<br>**(6,604)**<br>**-**<br>**15,046**<br>**234,290**<br>**249,336**|_2020_<br>_£_<br>_61,832_<br>_4,220_<br>_7,036_<br>_(2,884)_<br>_41,127_<br>_(53,552)_<br>_10,180_<br>**6,127**<br>**-**<br>**67,959**<br>_166,331_<br>_234,290_|
|---|---|---|



The notes on pages 15 to 34 form part of these financial statements 

Page 14 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **1. General information** 

Parkside (Aldershot and District Learning Disability) is a charity registered with Charity Commission. The charity's registered number and registered office is shown on page 1 of the financial statements. 

The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest pound. 

## **2. Accounting policies** 

## **2.1 Basis of preparation of financial statements** 

The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. 

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. 

Parkside (Aldershot and District Learning Disability) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 

Page 15 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **2. Accounting policies (continued)** 

## **2.2 Income** 

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. 

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured. 

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. 

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. 

Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the charity's accounting policies. 

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount it 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. 

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. 

## **2.3 Expenditure** 

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. 

Page 16 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **2. Accounting policies (continued)** 

## **2.3 Expenditure (continued)** 

Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. 

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. 

All expenditure is inclusive of irrecoverable VAT. 

## **2.4 Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 

## **2.5 Tangible fixed assets and depreciation** 

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. 

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. 

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . 

Depreciation is provided on the following bases: 

|Short-term leasehold property|- 10% Straight Line|
|---|---|
|Motor vehicles|- 25% Reducing Balance|
|Fixtures and fittings|- 20% Straight Line|
|Computer equipment|- 20% Straight Line|
|Other fixed assets|- 10% Straight  Line|



## **2.6 Investments** 

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities. 

## **2.7 Debtors** 

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

Page 17 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **2. Accounting policies (continued)** 

## **2.8 Cash at bank and in hand** 

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **2.9 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 charity 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 in the Statement of financial activities as a finance cost. 

## **2.10 Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 

## **2.11 Pensions** 

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. 

## **2.12 Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 

Investment income, gains and losses are allocated to the appropriate fund. 

Page 18 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **3. Income from donations and Grants** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Donations<br>34,223<br>Grants<br>-<br>**Total 2021**<br>34,223<br>_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>Donations<br>_30,141_<br>Grants<br>_-_<br>_Total 2020_<br>_30,141_|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>4,262<br>118,717<br>122,979<br>_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_44,158_<br>_118,401_<br>_162,559_|**Total**<br>**funds**<br>**2021**<br>**£**<br>**38,485**<br>**118,717**|
|---|---|---|
|||**157,202**|
|||_Total_<br>_funds_<br>_2020_<br>_£_<br>_74,299_<br>_118,401_|
|||_192,700_|



## **4. Donations** 

||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**funds**|**funds**|**funds**|
||**2021**|**2021**|**2021**|
||**£**|**£**|**£**|
|Rushmoor Borough Council|11,583|-|**11,583**|
|Anonymous|11,600|-|**11,600**|
|Estate of Betty Haines|375|-|**375**|
|Mr & Mrs Brown- JET|-|100|**100**|
|Co -op (Portacabin)|-|1,000|**1,000**|
|Farnborough Not Forgetten Club|1,250|-|**1,250**|
|Val Read|100|-|**100**|
|Doreen & Paul Webber|120|-|**120**|
|Mr Beadle|1,000|-|**1,000**|
|Bridges Estate Agents|350|-|**350**|
|Pinewood Quilters|247|-|**247**|
|Anonymous|1,500|-|**1,500**|
|HMRC Gift Aid|584|-|**584**|
|Jim Goodman- shortbreaks fund|-|500|**500**|
|Jim Goodman|500|-|**500**|



Page 19 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|The Misselbrook Trust<br>Linde Cry O Plants<br>Hart Lotery<br>Rushmoor Lottery<br>Adam Woodcock - JET<br>Co-op - FAB Cafe<br>Virgin Money Giving (D Langdon)<br>Virgin Money Giving<br>Mark Marriot - Gateway<br>AR & HE Tyas<br>Paypal Giving<br>Co-op Neighbourly<br>Aldershot & District Allotment Assoc<br>Total donations for 2020<br>**5.**<br>**Grants**|1,000<br>220<br>210<br>545<br>-<br>-<br>1,200<br>728<br>-<br>240<br>236<br>635<br>-<br>34,223<br>_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>_30,141_|-<br>-<br>-<br>-<br>100<br>1,362<br>-<br>-<br>200<br>-<br>-<br>-<br>1,000<br>4,262<br>_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_44,158_|**1,000**<br>**220**<br>**210**<br>**545**<br>**100**<br>**1,362**<br>**1,200**<br>**728**<br>**200**<br>**240**<br>**236**<br>**635**<br>**1,000**|
|---|---|---|---|
||||**38,485**<br>_Total_<br>_funds_<br>_2020_<br>_£_<br>_74,299_|



|Co-op Neighbourly Grant- Saturday Friendship<br>Saturday friendship Group<br>HCC Covid Support Grant<br>CJRS Grant<br>Rushmoor Borough Council Grant - Parkside Garden<br>Short Breaks Grant- Saturday Scene<br>Short Breaks Grant- Our Zone<br>Short Breaks Grant- Saturday Zone|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>500<br>2,200<br>22,521<br>64,788<br>2,200<br>8,122<br>8,573<br>9,813<br>118,717|**Total**<br>**funds**<br>**2021**<br>**£**<br>**500**<br>**2,200**<br>**22,521**<br>**64,788**<br>**2,200**<br>**8,122**<br>**8,573**<br>**9,813**|
|---|---|---|
|||**118,717**|



Page 20 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|National Lottery Grant<br>Short Breaks Grant - Our Zone<br>Saturday Scene Grant<br>RVS training Grant<br>HCC Maintenance Grant<br>CJRS Grant<br>Rushmoor Borough Council Grant<br>ST James Place Charitable Trust<br>_Total 2020_|_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_3,381_<br>_7,749_<br>_7,341_<br>_250_<br>_3,088_<br>_82,101_<br>_10,000_<br>_4,491_<br>_118,401_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_3,381_<br>_7,749_<br>_7,341_<br>_250_<br>_3,088_<br>_82,101_<br>_10,000_<br>_4,491_|
|---|---|---|
|||_118,401_|



## **6. Income from charitable activities** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Service provided to Adults<br>276,318<br>Service provided to children<br>6,958<br>Misc income<br>1,314<br>FAB cafe work experience project<br>568<br>**Total 2021**<br>285,158<br>_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>Service provided to Adults<br>_318,463_<br>Service provided to children<br>_7,392_<br>Misc income<br>_3,023_<br>FAB cafe work experience project<br>_23,279_<br>_Total 2020_<br>_352,157_|**Total**<br>**funds**<br>**2021**<br>**£**<br>**276,318**<br>**6,958**<br>**1,314**<br>**568**|
|---|---|
||**285,158**|
||_Total_<br>_funds_<br>_2020_<br>_£_<br>_318,463_<br>_7,392_<br>_3,023_<br>_23,279_|
||_352,157_|



Page 21 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **7. Fundraising income** 

## **Income from fundraising events** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Garden group<br>1,462<br>_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>Garden group<br>_4,086_<br>Christmas events<br>_1,198_<br>Other fundraising events<br>_662_<br>_5,946_|**Total**<br>**funds**<br>**2021**<br>**£**<br>**1,462**|
|---|---|
||_Total_<br>_funds_<br>_2020_<br>_£_<br>_4,086_<br>_1,198_<br>_662_|
||_5,946_|



## **8. Investment income** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Rental income<br>10,237<br>Revaluation Gain/(Loss) on investment<br>31,995<br>Interest income<br>67<br>Dividend income<br>3,210<br>45,509|**Total**<br>**funds**<br>**2021**<br>**£**<br>**10,237**<br>**31,995**<br>**67**<br>**3,210**|
|---|---|
||**45,509**|



Page 22 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **8. Investment income (continued)** 

|Rental income<br>Gain/(Loss) on disposal of investment<br>Revaluation Gain/(Loss) on investment<br>Interest income<br>Dividend|_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>_8,632_<br>_(815)_<br>_(4,030)_<br>_446_<br>_3,774_<br>_8,007_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_8,632_<br>_(815)_<br>_(4,030)_<br>_446_<br>_3,774_|
|---|---|---|
|||_8,007_|



## **9. Expenditure on raising funds** 

## **Costs of raising voluntary income** 

||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**funds**|**funds**|**funds**|
||**2021**|**2021**|**2021**|
||**£**|**£**|**£**|
|Fundraising costs|6,415|9|**6,424**|



Page 23 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **9. Expenditure on raising funds (continued)** 

## **Costs of raising voluntary income (continued)** 

|Fundraising costs<br>Support cost - note 11<br>Governance cost - note 12|_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>_5,717_<br>_2,885_<br>_195_<br>_8,797_|_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_458_<br>_-_<br>_-_<br>_458_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_6,175_<br>_2,885_<br>_195_|
|---|---|---|---|
||||_9,255_|



## **10. Analysis of expenditure on charitable activities** 

## **Summary by fund type** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Service provided to Adults<br>126,348<br>Service provided to children<br>1,293<br>FAB cafe work experience project<br>11,039<br>Support costs -note 11<br>173,619<br>Governance costs -note 12<br>10,236<br>322,535|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>90,212<br>21,865<br>-<br>6,547<br>-<br>118,624|**Total**<br>**funds**<br>**2021**<br>**£**<br>**216,560**<br>**23,158**<br>**11,039**<br>**180,166**<br>**10,236**|
|---|---|---|
|||**441,159**|



Page 24 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **10. Analysis of expenditure on charitable activities (continued)** 

## **Summary by fund type (continued)** 

|Service provided to Adults<br>Service provided to children<br>FAB cafe work experience project<br>Support cost - note 11<br>Governance cost - note 12|_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>_160,901_<br>_1,040_<br>_16,877_<br>_168,433_<br>_11,806_<br>_359,057_|_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_84,648_<br>_25,043_<br>_53,134_<br>_5,597_<br>_-_<br>_168,422_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_245,549_<br>_26,083_<br>_70,011_<br>_174,030_<br>_11,806_|
|---|---|---|---|
||||_527,479_|



## **11. Support costs** 

|Printing postage and stationeries<br>Insurance<br>Repair and maintenance<br>Bank charges<br>Cleaning<br>Sundry expenses<br>Telephone<br>Utilities<br>Bad debts<br>Rent<br>IT expenses<br>Admin and management salaries<br>Depreciation<br>**Total 2021**|**Charitable**<br>**activities**<br>**2021**<br>**£**<br>3,876<br>2,155<br>7,374<br>276<br>11,269<br>4,082<br>2,961<br>4,097<br>1,771<br>13,083<br>1,276<br>106,056<br>20,970<br>179,246|**Fundraising**<br>**2021**<br>**£**<br>20<br>11<br>38<br>1<br>58<br>21<br>15<br>21<br>9<br>67<br>7<br>544<br>108<br>920|**Total**<br>**funds**<br>**2021**<br>**£**<br>**3,896**<br>**2,166**<br>**7,412**<br>**277**<br>**11,327**<br>**4,103**<br>**2,976**<br>**4,118**<br>**1,780**<br>**13,150**<br>**1,283**<br>**106,600**<br>**21,078**|
|---|---|---|---|
||||**180,166**|



Support cost is allocated based on income from respective activities 

Page 25 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

|Printing postage and stationeries<br>Insurance<br>Repair and maintenance<br>Bank charges<br>Cleaning<br>Sundry expenses<br>Telephone<br>Utilities<br>Rent<br>IT expenses<br>Admin and management salaries<br>Depreciation|_Charitable_<br>_activities_<br>_2020_<br>_£_<br>_4,779_<br>_1,792_<br>_3,371_<br>_699_<br>_11,179_<br>_4,331_<br>_2,140_<br>_5,078_<br>_12,936_<br>_1,969_<br>_99,125_<br>_26,631_<br>_174,030_|_Fundraising_<br>_2020_<br>_£_<br>_78_<br>_30_<br>_55_<br>_12_<br>_184_<br>_72_<br>_35_<br>_84_<br>_213_<br>_33_<br>_1,639_<br>_450_<br>_2,885_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_4,857_<br>_1,822_<br>_3,426_<br>_711_<br>_11,363_<br>_4,403_<br>_2,175_<br>_5,162_<br>_13,149_<br>_2,002_<br>_100,764_<br>_27,081_|
|---|---|---|---|
||||_176,915_|



## **12. Governance costs** 

|Accountancy fees<br>Auditors' remuneration<br>Licence and permits<br>Investment management fee<br>**Total 2021**|**Charitable**<br>**activities**<br>**2021**<br>**£**<br>5,162<br>1,791<br>1,472<br>1,758<br>10,183|**Fundraising**<br>**2021**<br>**£**<br>27<br>9<br>8<br>9<br>53|**Total**<br>**funds**<br>**2021**<br>**£**<br>**5,189**<br>**1,800**<br>**1,480**<br>**1,767**|
|---|---|---|---|
||||**10,236**|



Governance cost is allocated based on income from respective activities 

|Accountancy fees<br>Auditors' remuneration<br>Licence and permits<br>Investment management fee|_Charitable_<br>_activities_<br>_2020_<br>_£_<br>_8,188_<br>_1,771_<br>_342_<br>_1,505_<br>_11,806_|_Fundraising_<br>_2020_<br>_£_<br>_136_<br>_29_<br>_6_<br>_24_<br>_195_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_8,324_<br>_1,800_<br>_348_<br>_1,529_|
|---|---|---|---|
||||_12,001_|



Page 26 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **13. Auditors' remuneration** 

||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Fees payable to the charity's auditor for the audit of the charity's annual|||
|accounts|**1,800**|_1,800_|
|Fees payable to the charity's auditor in respect of:|||
|All assurance services not included above|**3,000**|_3,000_|



## **14. Staff costs** 

|Wages and salaries<br>Social security costs<br>Contribution to defined contribution pension schemes|**2021**<br>**£**<br>**333,013**<br>**13,467**<br>**6,189**<br>**352,669**|_2020_<br>_£_<br>_394,374_<br>_20,925_<br>_7,320_|
|---|---|---|
||||
|||_422,619_|



The average number of persons employed by the charity during the year was as follows: 

|Administration  staff<br>Management staff<br>Support  workers|**2021**<br>**No.**<br>**2**<br>**4**<br>**12**<br>**18**|_2020_<br>_No._<br>_2_<br>_5_<br>_15_|
|---|---|---|
||||
|||_22_|



No employee received remuneration amounting to more than £60,000 in either year. 

## **15. Trustees' remuneration and expenses** 

During the year, no Trustees received any remuneration or other benefits _(2020 - £NIL)_ . 

During the year ended 30 September 2021, no Trustee expenses have been incurred _(2020 - £NIL)_ . 

Page 27 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **16. Tangible fixed assets** 

|**Cost or valuation**<br>At 1 October 2020<br>Additions<br>At 30 September 2021<br>**Depreciation**<br>At 1 October 2020<br>Charge for the year<br>At 30 September 2021<br>**Net book value**<br>At 30 September 2021<br>_At 30 September 2020_|**Short-term**<br>**leasehold**<br>**property**<br>**£**<br>**200,602**<br>**-**<br>**200,602**<br>**170,111**<br>**7,670**<br>**177,781**<br>**22,821**<br>_30,491_|**Motor**<br>**vehicles**<br>**£**<br>**78,930**<br>**-**<br>**78,930**<br>**52,739**<br>**6,547**<br>**59,286**<br>**19,644**<br>_26,191_|**Fixtures,**<br>**fittings &**<br>**Equipments**<br>**£**<br>**101,409**<br>**8,438**<br>**109,847**<br>**89,466**<br>**6,153**<br>**95,619**<br>**14,228**<br>_11,943_|**Other fixed**<br>**assets**<br>**£**<br>**25,017**<br>**-**<br>**25,017**<br>**23,592**<br>**706**<br>**24,298**<br>**719**<br>_1,425_|**Total**<br>**£**<br>**405,958**<br>**8,438**|
|---|---|---|---|---|---|
||||||**414,396**|
||||||**335,908**<br>**21,076**|
||||||**356,984**|
||||||**57,412**|
||||||_70,050_|



Page 28 



## **PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **17. Fixed asset investments** 

|**Cost or valuation**<br>At 1 October 2020<br>Additions<br>Revaluations<br>Movement in cash reserve<br>At 30 September 2021<br>**Net book value**<br>At 30 September 2021<br>_At 30 September 2020_|**Listed**<br>**investments**<br>**£**<br>**166,114**<br>**5,049**<br>**31,995**<br>**(3,606)**<br>**199,552**<br>**199,552**<br>_166,114_|
|---|---|



Page 29 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **18. Investment property** 

|**Valuation**<br>At 1 October 2020<br>Surplus on revaluation<br>At 30 September 2021|**Freehold**<br>**investment**<br>**property**<br>**£**<br>**345,000**<br>**40,000**|
|---|---|
||**385,000**|



Valuation of investment property is done by Trustees who based their valuation based on desktop valuation on 15 November 2021 by S Caudwell, associate RICS from Romans Group (UK) Ltd. 

## **19. Debtors** 

|**Due within one year**<br>Trade debtors<br>Other debtors<br>Prepayments and accrued income|**2021**<br>**£**<br>**36,661**<br>**149**<br>**3,500**<br>**40,310**|_2020_<br>_£_<br>_31,095_<br>_1,248_<br>_2,867_|
|---|---|---|
||||
|||_35,210_|



## **20. Creditors: Amounts falling due within one year** 

|Trade creditors<br>Other taxation and social security<br>Other creditors<br>Accruals and deferred income|**2021**<br>**£**<br>**2,783**<br>**5,464**<br>**25,557**<br>**12,054**<br>**45,858**|_2020_<br>_£_<br>_2,459_<br>_7,900_<br>_31,501_<br>_4,800_|
|---|---|---|
||||
|||_46,660_|



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**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **21. Statement of funds** 

## **Statement of funds - current year** 

||||||**Balance at**|
|---|---|---|---|---|---|
||**Balance at 1**||||**30**|
||**October**|||**Gains/**|**September**|
||**2020**|**Income**|**Expenditure**|**(Losses)**|**2021**|
||**£**|**£**|**£**|**£**|**£**|
|**Unrestricted funds**||||||
|General Funds - all funds|**645,033**|**366,352**|**(328,950)**|**40,000**|**722,435**|
|**Restricted funds**||||||
|Restricted Fund 1|**158,971**|**122,979**|**(118,633)**|**-**|**163,317**|
|**Total of funds**|**804,004**|**489,331**|**(447,583)**|**40,000**|**885,752**|
|**Statement of funds - prior**|**year**|||||
||||||_Balance at_|
||_Balance at_||||_30_|
||_1 October_|||_Gains/_|_September_|
||_2019_|_Income_|_Expenditure_|_(Losses)_|_2020_|
||_£_|_£_|_£_|_£_|_£_|
|**Unrestricted funds**||||||
|General Funds - all funds|_606,636_|_396,251_|_(367,854)_|_10,000_|_645,033_|
|**Restricted funds**||||||
|Restricted Funds - all funds|_165,292_|_162,559_|_(168,880)_|_-_|_158,971_|
|**Total of funds**|_771,928_|_558,810_|_(536,734)_|_10,000_|_804,004_|



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**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **22. Summary of funds** 

## **Summary of funds - current year** 

|General funds<br>Restricted funds|**Balance at 1**<br>**October**<br>**2020**<br>**£**<br>**645,033**<br>**158,971**<br>**804,004**<br>_Balance at_<br>_1 October_<br>_2019_<br>_£_<br>_606,636_<br>_165,292_<br>_771,928_|**Income**<br>**£**<br>**366,352**<br>**122,979**<br>**489,331**<br>_Income_<br>_£_<br>_396,251_<br>_162,559_<br>_558,810_|**Expenditure**<br>**£**<br>**(328,950)**<br>**(118,633)**<br>**(447,583)**<br>_Expenditure_<br>_£_<br>_(367,854)_<br>_(168,880)_<br>_(536,734)_|**Gains/**<br>**(Losses)**<br>**£**<br>**40,000**<br>**-**<br>**40,000**<br>_Gains/_<br>_(Losses)_<br>_£_<br>_10,000_<br>_-_<br>_10,000_|**Balance at**<br>**30**<br>**September**<br>**2021**<br>**£**<br>**722,435**<br>**163,317**|
|---|---|---|---|---|---|
||||||**885,752**|
||||||_Balance at_<br>_30_<br>_September_<br>_2020_<br>_£_<br>_645,033_<br>_158,971_|
|**Summary of funds - prior year**||||||
|General funds<br>Restricted funds||||||
||||||_804,004_|



## **23. Analysis of net assets between funds Analysis of net assets between funds - current year** 

|**Unrestricted**<br>**funds**<br>**2021**<br>**£**<br>Tangible fixed assets<br>37,768<br>Fixed asset investments<br>199,552<br>Investment property<br>385,000<br>Current assets<br>145,973<br>Creditors due within one year<br>(45,858)<br>**Total**<br>722,435|**Restricted**<br>**funds**<br>**2021**<br>**£**<br>19,644<br>-<br>-<br>143,673<br>-<br>163,317|**Total**<br>**funds**<br>**2021**<br>**£**<br>**57,412**<br>**199,552**<br>**385,000**<br>**289,646**<br>**(45,858)**|
|---|---|---|
|||**885,752**|



Page 32 



**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **23. Analysis of net assets between funds (continued)** 

## **Analysis of net assets between funds - prior year** 

|Tangible fixed assets<br>Fixed asset investments<br>Investment property<br>Current assets<br>Creditors due within one year<br>**Total**|_Unrestricted_<br>_funds_<br>_2020_<br>_£_<br>_43,859_<br>_166,114_<br>_345,000_<br>_136,720_<br>_(46,660)_<br>_645,033_|_Restricted_<br>_funds_<br>_2020_<br>_£_<br>_26,191_<br>_-_<br>_-_<br>_132,780_<br>_-_<br>_158,971_|_Total_<br>_funds_<br>_2020_<br>_£_<br>_70,050_<br>_166,114_<br>_345,000_<br>_269,500_<br>_(46,660)_<br>_804,004_|
|---|---|---|---|



## **24. Reconciliation of net movement in funds to net cash flow from operating activities** 

## **25.** 

|Net income for the year (as per Statement of Financial Activities)<br>**Adjustments for:**<br>Depreciation charges<br>Revaluation (Gains) /Losses on investments<br>Dividends, interests and rents from investments<br>Profit / Loss on the sale of fixed assets<br>Decrease / (increase)  in debtors<br>Increase / (decrease) in creditors<br>Profit / (Loss) on disposal of investments<br>**Net cash provided by operating activities**<br>**Analysis of cash and cash equivalents**<br>Cash in hand<br>**Total cash and cash equivalents**|**2021**<br>**£**<br>**41,748**<br>**21,076**<br>**(31,995)**<br>**(3,277)**<br>**-**<br>**(5,100)**<br>**(802)**<br>**-**<br>**21,650**<br>**2021**<br>**£**<br>**249,336**<br>**249,336**|_2020_<br>_£_<br>_22,076_<br>_27,081_<br>_4,030_<br>_(4,220)_<br>_(5,362)_<br>_18,396_<br>_(984)_<br>_815_<br>_61,832_<br>_2020_<br>_£_<br>_234,290_<br>_234,290_|
|---|---|---|



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**PARKSIDE (ALDERSHOT AND DISTRICT LEARNING DISABILITY)** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** 

## **26. Analysis of changes in net debt** 

|Cash at bank and in hand|**At 1**<br>**October**<br>**2020**<br>**£**<br>**234,290**<br>**234,290**|**Cash flows**<br>**£**<br>**15,046**<br>**15,046**|**At 30**<br>**September**<br>**2021**<br>**£**<br>**249,336**|
|---|---|---|---|
||||**249,336**|



## **27. Pension commitments** 

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £6,189 (2020 - £7,320). Contributions totaling £1,286 (2020: £1,619) were outstanding at year end. 

## **28. Operating lease commitments** 

At 30 September 2021 the charity had commitments to make future minimum lease payments under noncancellable operating leases as follows: 

|Not later than 1 year<br>Later than 1 year and not later than 5 years|**2021**<br>**£**<br>**13,500**<br>**27,000**<br>**40,500**|_2020_<br>_£_<br>_13,500_<br>_40,500_|
|---|---|---|
||||
|||_54,000_|



Page 34