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2021-03-31-accounts

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HEALTHWATCH CENTRAL WEST LONDON (a company limited by guarantee & not having a share capital)

Financial Statements 31[st] March 2021

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Reference and Administrative details

Contents Pages
Reference and administrative details 1
Report of the Board of Trustees (incorporating the Directors’
Report) 2 - 10
Independent Examiner report 10
Statement of financial activities 11
Balance sheet 12
Statement of cash flows 13
14 -
Notes to the financial statements 21

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TRUSTEE, EXECUTIVE, ADVISORS AND BANKERS

Trustees:

Chair: Christine Vigars Vice Chair: Joanna Mark-Richards Treasurer: Layo Yusuf Others: Abdul Towolawi Keith Mallinson Helen Cooke Tania Kerno Patrick McVeigh Chris Doherty

CEO

Olivia Clymer

Independent Examiner

A&B Chartered Certified Accountants

1 Orchard Close Essex RM15 6HS

Principal Bankers

Metro Bank 160-166 Kensington High St Kensington London W8 7RG

Registered office

5.22 Grand Union Studios 332 Ladbroke Grove London W10 5AD

Solicitors

Russell-Cooke 2 Putney Hill London SW15 6AB

Company number: 08548208

A charitable company approved by the Charity Commissioners Registered number: 1154777

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Report of the Trustees for the year ended 31 March 2021

The Trustees present the report and the independent examined financial statements for the year to 31 March 2021.

STRUCTURE, GOVERNANCE & MANAGEMENT

Governing Document

Healthwatch Central West London (“The Charity”) is a registered charity and is incorporated as a company limited by guarantee and its governing document is its Memorandum and Articles of Association.

Recruitment and Appointment of the Board of Management

A Board of Trustees provides strategic direction, governance and oversight. The Board of Trustees are appointed following external recruitment. The Chair of the Charity, Christine Vigars has led the charity to independence and increasing profile across North West London and as part of the national Healthwatch network.

Trustees bring a wide range of experience to the Board, from the public, private and charitable sectors, including social work, healthcare management, public sector commissioning, human resources, finance, legal expertise, and fundraising.

The Charity has Local Committees who collate and represent the views and needs of each of the Boroughs in which the charity operates. There are up to 16 people on each Local Committee, at least six of whom are local residents, and at most, six of whom represent local community groups or organisations. There are places on the Board of Trustees for three people to represent each Borough, one of whom must be nominated from the Local Committee of each Borough.

The day to day running of the Charity is undertaken by a staff team.

Trustee Induction and Training

New Trustees are recruited based on an evaluation of the balance of diverse skills and experience needed to govern Healthwatch Central West London. Newly appointed Trustees receive induction packs containing information about Healthwatch Central West London, its structure and operations, board structures, Trustee duties and responsibilities, and our key policies. Training opportunities are shared as are conferences, webinars and seminars to provide context and ensure Trustees can remain current in the rapidly changing context of health and social care. Trustees are encouraged to participate in operational activities wherever feasible to obtain a better appreciation of the Charity’s operations. Training is provided to the Board as a need is identified.

Public Benefit

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

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Report of the Trustees for the year ended 31 March 2021

Statement of Trustees' Responsibilities

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

Company law requires the directors to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for; keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity; and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

OBJECTIVES AND ACTIVITIES

The Charity aims to promote public good and the improvement of health and social care services across the Royal Borough of Kensington and Chelsea and the City of Westminster, by promoting the voice and views of the local community in health and wellbeing matters. The Charity also seeks to advance the education of the public in health and social care.

Our aim is to reach out to everyone in our communities by:

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ACHIEVEMENTS AND PERFORMANCE

Throughout this difficult year, Healthwatch Central West London has played a key role in keeping local people up to date with reliable information, linking them to sources of help and support, and countering misinformation. In response to guidance from Healthwatch England the charity focused on gathering the experience of local people on the effects of the pandemic and using this to help commissioners to develop plans for recovery. Staff and Volunteers spoke to 2,223 people and ran over 100 focus groups, surveys, interviews or public meetings. As a result, we published 9 reports which were widely distributed and proved very influential at all levels of the NHS and Social Care.

In consultation with members and commissioners the trustees agree key annual priorities. In 2020/21 these focused on mental health, primary care, young people and outreach to smaller minority ethnic communities. Together with young people, parents and staff at CAMHS Child and Adolescent Mental Health Services we helped young voices to shape local services. A survey was shared with 200 young patients and showed the impact of the pandemic in increased anxiety, eating disorders depression and low mood; it also showed that respondents were unaware of existing services. These findings helped CAMHS to create a new website and address concerns about long wating times, overworked staff and the perception thar staff would only respond to urgent cases.

During the year Healthwatch Central West London helped people from minority ethnic backgrounds to have a say in how health and social care is delivered. In partnership with the BME health forum we launched a project of small grants to community groups to help them to engage with their members on health needs. As a result, we heard from 73 people from ethnic minority backgrounds on how primary care was meeting their needs. We heard that interpreting services were not as available as they should be especially when

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attending a hospital clinic and reported this to the hospital trust who committed to improvement. The trustees plan to continue and expand this work in the coming year.

As a consequence of the pandemic GP surgeries changed their ways of working with a switch to telephone consultations and the use of digital platforms. We heard from local people that this posed problems for those without access to the internet or on low incomes or living in shared accommodation. We gathered views about digital access through a paper survey and face to face focus groups and heard from 92 people who do not use the internet. We heard about confusion and loss of confidence in accessing healthcare and difficulty in accessing translation services and anxiety about being scammed on line. In the coming year we will continue to take up these issues with the Clinical Commissioning Group to ensure thar patients can access primary care in appropriate ways in line with NHS England requirements.

The health and social care sector in which we operate continues to face many challenges, not least around funding and the increasing demands for services. There has been the challenge of the Clinical Commissioning Groups (CCG) moving to one CCG and the statutory position of local Healthwatch created under legislation that no longer fits the NHS landscape. HWCWL has worked hard to ensure the patient voice is heard, represented and built into governance structures to assist the NHS in meeting its statutory duties. The move to a single CCG combined with the development of the Integrated Care System has been challenging for the patient voice. The work that HWCWL does enables the people of the Royal Borough of Kensington and Chelsea, and the City of Westminster to be informed and have their say about the rapidly changing environment.

We have continued to strengthen our working relationships with those who design, purchase and deliver health and care services, the voluntary and community sector and the wider public, through a range of programmes and events. As a result, we believe that Healthwatch Central West London is seen as a valued, respected, critical friend within the health and social care arena. For example, HWCWL was commissioned by the National Institute of Health Research (NIHR) NW London to support their engagement programmes around participation in clinical trials and research and provided an independent review for the Bi Borough Safeguarding Board.

A key component of delivering the service is our work with volunteers. Our volunteers come from a wide range of backgrounds and bring a diverse range of skills and knowledge. They add considerably to the breadth and depth of our work and we would like to take this opportunity to thank them for their contributions. To support our volunteers, we provide induction training and mentoring, combined with a wide range of volunteering opportunities.

2020/2021 was an exceptionally busy year for Healthwatch Central West London. We met the challenge to ensure local patient voices were heard throughout the pandemic. We responded to urgent issues in our own boroughs and initiated and delivered exciting new projects. We are confident that we can build on this experience to develop our work as we move onto recovery in the year ahead

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Report of the Trustees for the year ended 31 March 2021

FINANCIAL REVIEW

The results for the year ended 31 March 2021 are set out in the Statement of Financial Activities on page 11. The assets and liabilities of the charity as of 31 March 2021 are given in the Balance Sheet on page 12.

The financial statements should be read in conjunction with their related notes which appear on pages 11 to 21.

Principal Funding Sources

The main sources of funding for the Charity are the contracts with the Royal Borough of Kensington & Chelsea and the City of Westminster whom commission Healthwatch Central West London to provide services across the locality. In 2020-21 the total contract sum was £311,520 (2019-20: £452,455). In addition, the Charity provided further services to other funders in the health and social care sector and income from this source in 2020-21 was £186,870 (2019-20: £156,218).

Reserves

The Charity has reserves of £451,055 on 31 March 2021 (31 March 2020: £459,720) of which unrestricted reserves were £381,855 (31 March 2020: £388,827). Restricted reserves were £69,200 (31 March 2020: £70,893). These reserves are expected to be utilised in support of the contracts to which they relate. The level of reserves as of 31 March 2021 were high due to the additional income secured to deliver contracts in addition to local Healthwatch and in part due to planned projects being delayed due to Covid related restrictions on holding in-person meetings and events.

The Board keeps the level of reserves under regular review to ensure that it is adequate and appropriate to meet the requirements of the organisation. The Trustees have agreed a reserve policy, the focus of which is to ensure that the Charity could meet all its commitments in the event that the core contracts from the local authorities were cancelled and the Charity was to be wound up. The Trustees have estimated that this would be £150,000. The remaining reserves have been designated, as per the Reserves Policy, to support the development of Healthwatch activities across the commissioning Boroughs. This includes a focus on our offer to support the voice of young people up to 25 years and sustaining the Charity through the likely re-tendering of Healthwatch contracts for our local authority boroughs with the associated risks of re-tendering.

PLANNING FOR FUTURE YEARS

Healthwatch CWL continues to focus on our core priorities of signposting, capturing the views and experiences of service users and patients, and feeding back to our local communities, service providers and commissioners.

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During 2019-20 and 2020-21, we invested in operational systems, procedures and staff to support our development as an independent organisation and provide the framework for future programmes. The Board has agreed on a plan reflecting the priorities of our members, funders and various stakeholders. We also have monitoring procedures in place, so that the Board has increased oversight over our delivery activities.

We recognise the financial pressures that the commissioners of our services face and will work closely with them to address their requirements and maximise efficiency whilst continuing to provide the high-quality services that we have become recognised for. As the accounts are prepared, we are mindful of the challenges arising from the global pandemic and how this has impacted all delivery.

As an independent charity, we are prudent with our reserves, particularly given how vulnerable Healthwatch is to local authority funding.

Planning for the future, the Board has been considering diversifying our funding sources and the investment of the reserves. This is to support the capacity of the charity and growth that respon ~~ds~~ to gaps in provision. For example, the investment in a youth worker role to enable greater engagement with the 16-25 age range and in our communication capability.

We recognise our reliance on core local Healthwatch contracts. Retention and the securing of additional Healthwatch anchor contracts remains a key part of our strategy for 2021-21 onwards. HWCWL secured the tender for the provision of Healthwatch Services for the London Borough of Enfield to commence on the 1[st] June 2021.

The Charity was successful at securing additional income through the financial year which led to a surplus in these funding streams. These are being reinvested to bring additional capacity to the charity to support the reach and impact of our work.

We have been developing our business plan to identify new work streams that will generate additional income where possible. Whilst we would not expect these new sources of income to replace the statutory responsibility contained within the Healthwatch core contracts, these activities have the potential to complement the work of the main contracts whilst supporting the ongoing viability of the Charity.

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Report of the Trustees for the year ended 31 March 2021

PRINCIPAL RISKS AND UNCERTAINTIES

The Charity’s income is largely dependent upon the funding from the three boroughs which is subject to the national commissioning of Healthwatch (as underpinned by the Health and Social Care Act 2012) and thus the local commissioning award to Healthwatch Central West London.

The Charity, Healthwatch Central West London, bid for and secured additional local Healthwatch contracts through 2020 / 21. HWCWL deliver associated project work across North West London.

The Covid 19 Pandemic has put considerable economic strain on the Country, and this is likely to be reflected in funding challenges; however the early work of HWCWL in engagement on health inequalities in the multiple communities of Westminster and Kensington and Chelsea has put us in good stead to bid for and secure funds to support this area of work.

The Charity will continue to ensure maximum participation through the local membership, the network of Patient Participation Groups in GP practices, and joint working with local grassroots community organisations, balancing the expectations of funders.

The future of this valuable targeted work is dependent upon additional funding which is at risk for 2021/22 in part due to the changes in local NHS CCG provision and focus as Integrated Care Partnerships establish and the Integrated Care System stabilises at North West London level. .

Restrictions on Distribution

The Memorandum of Association prohibits the distribution of income and property of the Charity to the members. Upon dissolution or winding up of the Charity the assets shall be given or transferred to some similar institution or institutions having objects similar to the Charity as agreed by the Trustees.

Tax Status

Healthwatch Central West London is a registered charity and is therefore potentially exempt from taxation of its income and gains as it falls within the definition of a Charity as defined in Part 1, Schedule 6 of the Finance Act 2010. No tax charge has arisen in the year.

Small Company Provisions

This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006.

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Independent Examiners

A&B Chartered Certified Accountant.

Approved by the Board of Management on 4[th] October 2021

Signed by Christine Vigars Chair of Trustees

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Independent examiner’s report to the trustees of Healthwatch Central West London (HWCWL) Charitable Company

I report on the accounts of the company charity for the year ended 31 March 2021, which are set out on pages 11 to 21.

Respective responsibilities of trustees and examiner

The trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under s. 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.

Having satisfied myself that the company charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and explanations sought from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to prepare accounts which accord with the accounting records, comply with the accounting requirements of s. 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 4[th] October 2021

A. Altaye FCCA, MSc.

Relevant Professional Body: ACCA, Address 1 Orchard Close, Essex, RM15 6HS

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HEALTHWATCH CENTRAL WEST LONDON

______________

Statement of financial activities for the year ended 31 March 2021 (including an Income and Expenditure Account)

Note
Income and endowments from:
Charitable activities
2
Total
Expenditure on:
Charitable activities
3a
Total
Net income / (expenditure)
Net movement in funds
Reconciliation of funds
Balances brought forward
8,9
Balances carried forward
Unrestricted
Funds
£
311,520
311,520
318,492
318,492
(6,972)
(6,972)
388,827
381,855
Restricted
Funds
£
186,870
186,870
188,563
188,563
(1,693)
(1,693)

70,893
69,200
Total
2021
£
498,390
Total
2020
£
608,672
608,672
523,992
523,992
84,680
84,680
375,040
459,720
498,390
507,055
507,055
(8,665)
(8,665)
459,720
451,055

All amounts relate to continuing activities of Healthwatch Central West London. Healthwatch Central West London has no recognised gains or losses other than those dealt with above. The notes on pages 16 to 22 form part of these financial statements.

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HEALTHWATCH CENTRAL WEST LONDON

__________
Balance sheet as at 31 March 2021
Notes
Fixed Assets
Tangible Assets 4
Total Fixed Assets
Current assets
Debtors & Prepayment
6
Cash at bank
Creditors: amounts falling due within one
year
7
Deferred Grant
Net current assets
Total assets less total liabilities
Represented by:
Unrestricted funds:
Designated reserves
8
Restricted funds
9
Total funds
___
_____
2021
£
11,768
11,768
44,519
454,775
499,294
9,807
50,200
439,287
451,055
381,855
69,200
451,055
2020
£
13,773
13,773
105,767
432,072
537,839
7,392
84,500
445,947
459,720
388,827
70,893
459,720

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 4[th] October 2021 and signed on its behalf by:

Christine Vigars Chair of the Board of Trustees Company Number: 08548208

The notes on pages 11 to 21 form part of these financial statements.

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HEALTHWATCH CENTRAL WEST LONDON

______________

Statement of cash flows for the year ended 31 March 2021
Notes
Cash flows from operating activities:
Cash flows generated from operating activities
(a)
Cash inflow(outflow) from Investing activities
Change in cash and cash equivalents in the reporting
period
Cash and cash equivalents at 1 April 2020
Cash and cash equivalents at 31 March 2021
(a)
Reconciliation of net income /(expenditure) to net
Net income for the year
Office Equipment Depreciation
Office Equipment bought
Bad Debts written off
(Increase)/Decrease in debtors
Increase / (Decrease) in creditors
Deferred Grant
Cash generated (outflow) from operations:
2021
£
24,622
(1,919)
22,703
432,072
454,775
(8,665)
3,922

-

-

61,249
(31,884)
24,622
2021
£
24,622
2020
£
-
117,609
14,066
131,675
300,097
432,072
84,681
293
-
4,973
1,130
26,532
117,609
2020
£
-
117,609
(1,919) 14,066
22,703 131,675
432,072 300,097
454,775 432,072

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The notes on pages 14 to 21 form part of these financial statements.

Notes to the financial statements for the year ended 31 March 2021

1. Accounting policies

(a) Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these financial statements. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Healthwatch Central West London constitutes a public benefit entity as defined by FRS 102.

The Trustees consider that there are no material uncertainties about Healthwatch Central West London’s ability to continue as a going concern.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

(b) Income

Contract income is credited to the Statement of Financial Activities when invoiced unless it relates to a specified future year, in which case, it is deferred.

(c) Expenditure

Expenditure is recognised in the year in which it is incurred. Expenditure includes attributable VAT which cannot be recovered.

Expenditure is allocated to particular activities where costs relate directly to that activity.

Costs classified as “support” represent those costs associated with the governance and administration arrangements of the Charity which relate to the general running of the Charity. Such costs include office running costs, costs recharged for HR, finance, I.T. and facilities’ services provided by Hestia as well as external audit fees, legal costs, related Trustee costs and costs associated with compliance with statutory requirements.

(d) Unrestricted funds

Unrestricted funds are donations and other income received or generated for charitable purposes.

(e) Restricted funds

Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is charged to the funds.

(g) Leasing

Rentals payable under operating leases are taken to the Statement of Financial Activities on a straight-line basis over the lease term.

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Notes to the financial statements for the year ended 31 March 2021

2. Income from charitable activities

Unrestricted Restricted 2021 2020
Total Total
£ £ £ £
Healthwatch Contract** 311,000 - 311,000 451,000
Donation and BI 520 - 520 1,455
Dignity Champions - 15,000 15,000 15,000
West London Patient Participation Group - - - 56,000
Westminster Patient Participation Group - - - 30,000
NHS Long Term Plan - - - 18,500
A&E Project - - - 6,000
Training delivered - - - 900
H&F PPG - 35,000 35,000 5,000
Westminster CLCH Funding - 22,000 22,000 -
WL CCG Community Response Phase 1 - 20,000 20,000 -
NIHR Grant - 20,000 20,000 20,000
CNWL Voice Exchange - 16,800 16,800 -
WL CCG Covid Response - 15,000 15,000 -
Bi-borough safeguarding audit - 13,000 13,000 1,000
Advocacy Project - 12,000 12,000 -
Capturing Insight from Londoners - 10,000 10,000 -
PPG Training - 5,000 5,000 -
CNWL Equality and Diversity - 1,500 1,500 3,500
Receptionist Training - 400 400 -
Participation in training set - 400 400 -
Census funding - 380 380 -
Student Placement - 390 390 -
Other Income - - - 318
Total 311,520 186,870 498,390 608,673

** Healthwatch services were originally procured in the Royal Borough of Kensington and Chelsea, Hammersmith and Fulham and Westminster. After working with the Borough of Hammersmith and Fulham since the establishment of Healthwatch services in the borough, the contract for 2020-21 was awarded to a different organisation. The funding remained the same throughout the financial year but the decrease in income is due to the Healthwatch services in Hammersmith & Fulham no longer being part of that contract.

In 2020-21, £311,520 of income from charitable activities was attributed to unrestricted funds and £186,870 to restricted funds.

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3 (a) Analysis of expenditure on charitable activities

Programme of Activity Activities
Undertaken
directly
Support
Costs
2021
Total
2020
Total
£ £ £ £
Healthwatch Contract 250,755 67,740 318,495 362,458
Dignity Champions 14,186 2,707 16,893 16,994
West London Patient Participation
Group
- - - 59,735
Westminster Patient Participation Group - - - 43,924
NHS Long Term Plan - - - 16,861
A&E Project - - - 4696
Training delivered - - - 564
H&F PPG 27,370 7,623 34,993 3,366
Westminster CLCH Charitable Funds 17,293 4,707 22,000 -
WL CCG Community Response Phase 1 15,630 4,356 19,987 -
NIHR Grant 15,810 4,356 20,167 12,567
CNWL Voice Exchange 14,809 2,557 17,366 -
CL CCG Covid Response 11,781 3,225 15,007 -
Bi-borough safeguarding audit 10,203 2,832 13,035 -
Advocacy Project 9,727 2273 12,000 628
Thrive London Covid Experiences 7,606 2,178 9,784 -
PPG Training 3,252 1,089 4,341 -
CNWL Equality and Diversity 1,148 327 1,475 2,199
Receptionist Training 286 87 373 -
Equality Action Learning Set- HW
England
284 87 371 -
Imperial College Student Placement 366 24 390 -
Census (traveller community) 380 3 383 -
Total 400,888 106,171 507,058 523,992

Expenditure on charitable activities was £ 507,058 (2019-20: £523,992) of which £ 318,495 (2019-20:

£363,022) was unrestricted and £188,564 (2019-20: £160,970) was restricted.

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3(b) Analysis of Support Costs for the year ended 31 March 2021

The analysis of support costs is in line with Charity Commission guidance. The allocation of support costs is a proportionate distribution based on contract size. HWCWL are consistently focused on an efficient back office supporting front line delivery.

The analysis of support costs in the table below is £s.

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Notes to the financial statements for the year ended 31 March 2021

4.Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery over 4 years

5. Staff and Trustees

The Charity employs 9.75 (9.2-2020) Full Time Equivalent staff directly. Total staff costs of Healthwatch Central West London were £393,031 (including agency staff) and broken down as follows:

Staff Costs:
Wages and salaries
Social security costs
Pension costs
2021
£
325,950
32,497
12,065
370,512
2020
£
320,008
28,688
13,851
362,547

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Notes to the financial statements for the year ended 31 March 2021

Moreover, to wages and salaries, £22,510 of agency staff was paid during the year (2019-20: £2,092).

No employee received total emoluments in excess of £65,000 during the year.

No Trustee received any remuneration for services during the year. No Trustees claimed expenses during the year. No Trustee had any beneficial interest in any contract with either Healthwatch Central West London or Hestia Housing and Support.

Indemnity insurance was arranged on behalf of the Trustees of Healthwatch Central West London for the 12 months commencing 1 April 2020.

The key management personnel of the Charity is comprised of the Trustees and the Director. The total employee benefits of the key management personnel were £73,854 (2019-20: £71,344).

6. Debtors

Grants receivable
Debtors and Prepayment
editors: amounts falling due within one year
Creditors amounts falling due within one year
Deferred Grant Income
2021
£
42,390

2,129
44,519
2021
£
9,807
50,200
2020
£
97,667
8,100
105,767
2020
£
7,392
84,500
91,892
60,007

7. Creditors: amounts falling due within one year

Notes to the financial statements for the year ended 31 March 2021

8. Unrestricted funds

Designated Funds 01-Apr-20 Income Expenditure 31 March 2021
£ £ £ £
Kensington & Chelsea – Healthwatch 167,063 154,000 158,533 162,530
Healthwatch Initiatives 98,040 - - 98,040
Westminster-Healthwatch 120,162 157,000 159,962 117,200
Other income 3,565 520 - 4,085
388,830 311,520 318,495 381,855

20

DocuSign Envelope ID: 35A38F01-232D-46CA-AF4D-6167B5D49825

Notes to the financial statements for the year ended 31 March 2021

The funds under the core Healthwatch contracts are designated by the Board to meet the costs of future Healthwatch service development across the three Boroughs, to allow for additional transition costs to independence and to create a reserve to cover future trading risk and any costs of winding up if the current contract is cancelled or not renewed for the next cycle.

9. Restricted funds

9.
Restricted funds
1 April 2020 Income Expenditure 31 March
2021
£ £ £ £
Dignity Champions 1,893 15,000 16,893 -
Westminster Patient Participation Group 9,343 - - 9,343
West London Patient Participation Group 45,974 - - 45,974
NHS Long Term Plan* 1,639 - - 1,639
A&E Project 1,304 - - 1,304
H&F PPG 1,634 35,000 34,992 1,642
Westminster CLCH Charitable Funds - 22,000 22,000 -
WL CCG Community Response Phase 1 - 20,000 19,986 14
NIHR Grant 7,433 20,000 20,740 6,693
CNWL Voice Exchange - 16,800 16,800 -
CL CCG Covid Response - 15,000 15,000 -
Bi-borough safeguarding audit 371 13,000 13,034 337
Advocacy Project - 12,000 12,000 -
Thrive London Covid Experiences - 10,000 9,784 216
PPG Training - 5,000 4,341 659
CNWL Equality and Diversity 1,301 1,500 1,475 1,326
Receptionist Training - 400 373 27
Equality Action Learning Set- HW
England
- 400 374 26
Imperial College Student Placement - 390 390 -
Census (traveller community) - 380 380 -
70,892 188,870 188,562 69,200

Restricted reserves comprise those funds used for specified purposes as laid down by the donor.

21

DocuSign Envelope ID: 35A38F01-232D-46CA-AF4D-6167B5D49825

and sustain Patient Participation Groups. The West London PPG contract runs from December 2017 to March 2020. The expenditures reflect costs in this fiscal year.

Notes to the financial statements for the year ended 31 March 2021

10. Analysis of net assets between funds

Unrestricted funds
Restricted funds
Net Current
Assets
£
381,855
69,200
451,055
Total
Funds
£
381,855
69,200
451,055

11. Operating Lease Commitments

The amounts payable by Healthwatch Central West London in respect of operating leases are shown below:

Amounts due;
In less than one year
Between one and five years
In more than five years
Total
Operating Lease
2021
2020
£
£
28,367
30,191
-
-
-
-
28,367
30,191
Other
2021
2020
£
£
-
-
-
-
-
-
-
-
-
Other
2021
2020
£
£
-
-
-
-
-
-
-
-
-
-

12. Capital commitments and capital grants

There were no capital commitments outstanding at the year end, nor any capital grants receivable.

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