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2021-03-30-accounts

Helping & Supporting the Community

Befriending, Enhancing Connecting Quality of the Life Home Community Alone

Isolated & Vulnerable

BDC

Contents

Introduction Page 4
Aims & Objectives Page 5
Directors Message Page 6
Our Team Page 7
Roll of Honour Page 8
Organisational Structure Page 9
Satisfaction Questionnaire March 2021 Page 10
Income Page 11
Expenditure Page 12
Running Costs Page 13
Treasurers Report Page 14
Acknowledgements Page 15
Financial Statements Pages 16 – 38
Contact Information Page 39

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Brixham Does Care Annual Report 2020 / 2021

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Introduction
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Formally the Brixham Does Care Community Association

Constituted by Deed of Trust

This Annual Report covers the period 1[st] April 2020 to 31[st] March 2021. This report will illustrate the severe financial constraints that have impacted on our organisation within the past twelve months. It also emphasises the difficulty we have had to maintain our support and help to the same levels that are expected of us.

In these challenging times it has been our inventive approach to our work that has allowed us to move forward into an exciting and sustainable future.

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Provide data
and
information
Show our
achievements
Take stock of
in 2020/2021
current
and our action
position
plan for
2021/2022
Set out our This
Give an
purpose, aims
and report organisational
overview
objectives will
Detail our
Give a
objectives and
financial
principle
overview
targets
Illustrate how
we are valued
in the
community
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Aims and Objectives

Brixham Does Care, a registered befriending charity since 1978, whose ethos is to combat

loneliness, isolation, and despair in our community and beyond.

Our Aims:

Our Objectives:

Our Partners:

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Director’s Message

If this time last year someone had described what 2020/2021 was going to be like, we would never have believed them. People lost their lives and the number of people attending funerals was limited and people who were in hospital were unable to have a visit. The elderly who were living in care homes were unable to see family and people who were in their homes were isolated from everything, I could go on. Amongst the truly awful time we must try to think of the positives, the amazing NHS, scientists and all those who worked on the front line who kept everything ticking along under terrible circumstances.

I have to say, Brixham Does Care has always reacted to the needs of their community, but this was truly a challenging time, however, we adapted very quickly and we were able to support people in a way we have never done before. Due to Covid restrictions we had to move from The Town Hall and base ourselves up at The Friends Centre, thank goodness we had somewhere to go. Staff started to adapt to a different situation, some were working from home making befriending calls, others were working in The Friends Centre, collecting prescriptions, delivering food parcels, delivering our newsletter, making masks and turning their hand to almost everything. In this period we supported a total of 12,362 requests for support – 409 food and shopping, 1,269 prescription pick up and deliveries, 598 other deliveries, 10,031 support calls made and 55 people supported with financial issues.

We have always known that our community was unique and the voluntary sector would all start working together to fulfil the wants and needs of the community, the pandemic certainly brought the best out of us. Brixham Stronger Together was formed and we soon became partners with The Community Development Trust, with the very successful Community Help Line.

The word Zoom suddenly had a new meaning, love it or hate it, it became a useful tool of communication. We did have some funny moments; unmuted microphones, pets making appearances and people realising their face had many expressions! Pyjama bottoms became the new zoom uniform.

Over the last couple of months we have gradually started to get back to some kind of normality. We have tried to open as much as possible in a safe way. Groups are being held in the function room, the charity shop is open a few days a week, staff are back in the office and we have also opened up Day Care at The Friends Centre. I think we are slowly but surely getting back on track in a safe environment where we can start socialising and help those who need our support at this time.

I would like to take this opportunity to thank all the staff for working in new ways and supporting each other. Also for all your resourcefulness and willingness to help others under difficult circumstances. Also thank you to the volunteers for your calls to see how we were, gifts, cards, homemade cakes and scones; they were very much appreciated. Thank you everyone for the fantastic support you have given to Brixham Does Care over a difficult year and we wish you all much happier times ahead.

Emma Barton - Director

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Our Team
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As a charity, we have a group of Directors who oversee our financial situation.

We have an Executive Committee who meet every 3 months to determine policy, strategy and administer the financial affairs of the organisation. They may deal with other issues that need to be addressed or brought to their attention. A Finance Sub-Committee also meet quarterly, prior to the Executive committee.

The staff are led by a Director and consist of a Manager and a team of 9 Community workers, mostly part time, who provide a first point of contact for visitors to the office and telephone callers. Plus 7 Day Centre Staff and a Team Leader. The staff also coordinate all groups, activities and fundraising events and support the efforts of all our volunteers. Our staff include a visiting team who make home visits within the TQ5 area.

Due to Covid, we were closed but normally we have about 60 dedicated volunteers supporting all of the activities provided by Brixham Does Care.

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Managing
Director
Directors
Manager
Finance Sub-
Commitee
Executive
Commitee
Community Workers, Day Centre Staff
& Wellbeing
Volunteers
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Roll of Honour

Brixham Does Care Community Association

Registered Charity Number 1155412

Roll of Honour

1978 Brixham Does Care founded by Joyce Woolley-Lane

Chairman

Mr Bill Gale 1978 – 1991
Mrs Mary Mills 1991 – 2002
Mr Jack Cairns 2002 – 2004
Mr Martyn Paddon 2004 – Present
Vice Chairman
Mr Jack Cairns 1984 – 2002
Mr Martyn Paddon 2002 – 2004
Mrs Margaret Brokenshire 2004 – Present
Treasurers
Mr John Davies 1978 – 1984
Mr Maurice Saunders 1984 – 1988
Mr Jack Scott (Joint) 1988 – 2002
Mr Dennis Harrison (Joint) 1988 – 2000
Mr Andy Collins 2001 – 2005
Mrs Margaret Phillips 2005 – Present
Officers of Distinction
Mrs Joyce Woolley – Lane - Hon. Organising Secretary 1978 – 1983
Mr Rolf Meyer M.B.E - Hon. Secretary 1983 – 1997
Mr Bill Gale – Vice President 1991 – 2002
Mr Ian Graham – Director 1997 – 2013
Mr Victor Ellery – Director 2013 – 2013
Mrs Emma Barton – Director 2014 – Present

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Organisational Structure

Chairman Vice Chairman Hon. Treasurer Martyn Margaret Margaret Paddon Brokenshire Phillips Committee Representing Other Members Organisations Luisa Nicholson – Solicitor Andy Cory Ruth Allen – Christians Together Ann Elliott Judy Bates – Soroptomists Gordon Furneaux Jackie Stockman – Brixham Town Council Janet Wall Susan White Managing Directors Director Martyn Paddon Becky Willoughby Emma Barton

Bank & Investments Charities Aid Foundation, Kings Hill, West Malling, Kent Hon. Auditor acting as Independent Examiner Mr Ian Webb ACMA MBIM IAW Accountancy Service 1 New Road, Brixham

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Satisfaction Questionnaire 2020 / 2021

Here are some extracts from the 2020 – 2021 Surveys.

91 surveys were returned out of 200

83.5% of people who had received telephone support from BDC, said it had a positive effect in terms of loneliness, wellbeing, mental health. 91.2% were either satisfied or very satisfied with this telephone support. 19.8% of people were supported to complete a financial form and all of those were successful in their claims.

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Income 2020 / 2021

Income

1 BDC Contract Fees 58,968.00
£
2 TFC Contract Fees 155,071.00
£
3 Room rental at The Friends Centre 1,450.00
£
4 Wellbeing payment & FAIRproject fees & Other Income 40,349.00
£
5 CommunityHelplinepayments 9,894.00
£
6 Brixham Town Council 14,000.00
£
7 Memberships 510.00
£
8 Covid Grants includingCAF Resilience Fund and Furlough 72,453.00
£
9 Donations 23,303.00
£
10 Legacies 500.00
£
11 ShopIncome 4,097.00
£
12 Interest 82.00
£
380,677.00
£

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Expenditure 2020 / 2021

Expenditure

1 Salaries/Tax/National Insurance/Pension/Staff Training /Uniform Salaries/Tax/National Insurance/Pension/Staff Training /Uniform 259,703.00
£
2 Premises - Rent/Garage Rent/Insurance/Repairs/Maintenance/Covid PPE 27,973.00
£
3 Office Expenses/telephones/internet/charitable donations 9,076.00
£
4 Mini Bus and Coach Expenses includingleases and insurance 21,582.00
£
5 General Expenses - includingbank charges & subscriptions 636.00
£
6 Depreciation on Fixtures & Equipment 3,647.00
£
7 Cateringand sundries 1,382.00
£
8 Transfer to Reserves 56,600.00
£
380,599.00
£
Surplus 78.00
£

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Running Costs
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Brixham Does Care running costs from: 01/04/20 to 31/03/21:

Income: £380,677

Expenditure: £380,599

Brixham Does Care Operational Times:

Day Hours Daily Total
Monday 9:00 – 4.30pm 7hrs 30mins
Tuesday 9:00 – 4.30pm 7hrs 30mins
Wednesday 9:00 – 4.30pm 7hrs 30mins
Thursday 9:00 – 4.30pm 7hrs 30mins
Friday 9:00 – 4.00pm 7hrs
Total Hours 37 hours

Taking into account our operational times and expenditure, we can estimate how much it costs to operate BDC including The Friends Centre. Please refer to the approximate amounts below. (There are also other costs which may not be included within the operational calculations but form part of the expenditure).

Total number of operational hours per year 37 x 50 weeks = 1850

Cost to keep Brixham Does Care operational:

37 hrs per week x 50 weeks

Divide total expenditure of £380,599 by 1850 Therefore to keep BDC operational for:

= 1850 hours open per year.

= £205.73 per hour.

The hours above reflect the times that we are fully operational where all phones are manned and lunch times covered. We are open to the public from 9:45 until 4pm Monday to Friday and The Friends Centre is open 9am to 5pm Monday to Friday.

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Treasurer’s Report

Treasurer’s Report for the year ended 31[st] March 2021

This has been a difficult year for everyone, but financially BDC has managed to get through this year with healthy finances; unfortunately not every charity has fared so well.

I am pleased to say that for the third year running we have transferred money to our reserves from our Operational Accounts. In 2018—2019 we transferred £22,950 in to our reserves, and in 2019 – 2020 we transferred £20,000 in to our reserves. In 2020 – 2021 we transferred £56,500 in to our reserves - this will really help us in the coming years.

We were successful with many of our grant applications, some from local Government and some from central Government, furlough payments from HMRC and a large grant of £30,000 from CAF Resilience Fund – please see the breakdown on page 11.

The income from the BDC shop was drastically reduced as it was closed from March to August and again from November but it did still bring in £4,097 and the shop continues to be a valuable source of revenue due to the hard work of our valued volunteers. We are always pleased to accept all donations.

We applied to Brixham Town Council and were successful, so we received £14,000 from the people of Brixham through their precept payment on their Council Tax. This grant has now stopped as the council chose to support Brixham residents in a different way due to the impacts of Covid.

Donations have increased dramatically this year; it was £14,210 in 2019/2020 and this has gone up to £23,303 in 2020/2021. However we would like to ask everyone to think of us when making a will or by Gift-Aiding your donations. (For every £1 you donate BDC can claim 25 pence providing you are a tax payer). For information about Gift Aid please see one of the staff in the office who will be happy to help.

I’m sure next year will bring new challenges to BDC, as we hopefully open back up to normal service.

Margaret Phillips – Treasurer

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Acknowledgments

We received contract fees from Torbay & South Devon NHS Foundation Trust. We also received money via Brixham Town Council, raised through the precept on Brixham Resident’s Council Tax. We received a number of legacies and numerous donations from individuals. We never name individuals, but we sincerely thank all donors, sponsors and our own fund raisers.

In addition, we record our sincere thanks, and are most grateful to the following businesses and organisations for their help, and support over the last 12 months. Plus we received grants from local and central Government which we needed. Many people donated food, which we took to Brixham Food Bank, and made face masks which we sold onto the public.

AgeUK Torbay

Bargains Galore

Brixham Town Council

CAF Resilience Fund

Co-op

David’s Fish & Chips

Grosvenor Book-keeping

HMRC

IAW Accountancy Services

Luisa Nicholson Solicitors

Morrison’s

Simply Fish

Soroptimist International (Brixham)

T & I Stockman

Torbay Community Development Trust

Torbay and South Devon NHS Foundation Trust

Torbay Council

TMVR

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Financial Accounts 2020 – 2021

Company registration number: 08755057

Brixham Does Care

Company limited by guarantee

Unaudited financial statements

31 March 2021

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Brixham Does Care Company limited by guarantee

Contents
Page
Directors and other information 1
Directors report 2
Accountants report 3
Statement of comprehensive income 4
Statement of financial position 5 - 6
Statement of changes in equity 7
Notes to the financial statements 8 - 12

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Brixham Does Care
Company limited by guarantee
Directors and other information
Directors Mrs Emma Barton
Mr Martyn Paddon
Secretary Mrs Emma Barton
Company number 08755057
Registered office The Town Hall
New Road
Brixham
Devon
TQ5 8TA
Business address The Town Hall
New Road
Brixham
Devon
TQ5 8TA
Accountants IAW Accountancy Services
Grosvenor House
1 New Road
Brixham
Devon
TQ5 8LZ

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Brixham Does Care Company limited by guarantee

Directors and other information

Bankers

CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent, ME19 4TA

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Brixham Does Care Company limited by guarantee

Directors report Year ended 31 March 2021

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2021.

Directors

The directors who served the company during the year were as follows:

Mrs Emma Barton

Mr Martyn Paddon

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 30 November 2021 and signed on behalf of the board by:

Mrs Emma Barton

Director

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Brixham Does Care Company limited by guarantee

Report to the board of directors on the preparation of the unaudited statutory financial statements of Brixham Does Care Year ended 31 March 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brixham Does Care for the year ended 31 March 2021 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants , we are subject to its ethical and other professional requirements which are detailed at www.cimaglobal.com.

This report is made solely to the board of directors of Brixham Does Care, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Brixham Does Care and state those matters that we have agreed to state to the board of directors of Brixham Does Care as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brixham Does Care and its board of directors as a body for our work or for this report.

It is your duty to ensure that Brixham Does Care has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brixham Does Care. You consider that Brixham Does Care is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brixham Does Care. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

IAW Accountancy Services

CIMA

Grosvenor House

1 New Road

Brixham

Devon

TQ5 8LZ

30 November 2021

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Brixham Does Care Company limited by guarantee

Statement of comprehensive income Year ended 31 March 2021

2021 2020
Note £ £
Turnover 317,284 320,870
Cost of sales - -
Administrative expenses (380,597) (348,509)
Other operating income 63,309 27,438
______ ______
Operating loss (4) (201)
Other interest receivable and similar income 82 261
Profit before taxation 6 78 60
Tax on profit - -
______ ______
Profit for the financial year and total comprehensive income 78 60
______ ______

All the activities of the company are from continuing operations.

The notes on pages 8 to 12 form part of these financial statements.

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Brixham Does Care

Company limited by guarantee

Statement of financial position 31 March 2021

Note
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Cash at bank and in hand
Creditors: amounts falling due
within one year
9
Net current assets
Total assets less current liabilities
Net assets
Capital and reserves
User defined reserve 1
Profit and loss account
Members funds		 2021
£
£
19,069
_
19,069
18,729
236,467
_
255,196
(1,744)
_
253,452
_
272,521
_
272,521
_
272,268
253
_
272,521
_		 2020
£
£
5,956
_
5,956
2,731
210,790
_
213,521
(3,634)
_
209,887
_
215,843
_
215,843
_
215,668
175
_
215,843
_		 2020
£
£
5,956
_
5,956
2,731
210,790
_
213,521
(3,634)
_
209,887
_
215,843
_
215,843
_
215,668
175
_
215,843
_
_
215,843
_
215,843
_
215,668
175
_
215,843
_

The notes on pages 8 to 12 form part of these financial statements.

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Brixham Does Care

Company limited by guarantee

Statement of financial position 31 March 2021

For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

The notes on pages 8 to 12 form part of these financial statements.

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Brixham Does Care Company limited by guarantee

Statement of financial position (continued) 31 March 2021

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board of directors and authorised for issue on 30 November 2021, and are signed on behalf of the board by:

Mrs Emma Barton

Director

Company registration number: 08755057

The notes on pages 8 to 12 form part of these financial statements.

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Brixham Does Care Company limited by guarantee

Statement of changes in equity Year ended 31 March 2021

User defined reserve 1Profit and loss User defined reserve 1Profit and loss account
Total
£ £ £
At 1 April 2019 (as previously reported) 195,668 115 195,783
Prior period adjustments 20,000 - 20,000
_ _ _
At 1 April 2019 (restated) 215,668 115 215,783
Profit for the year 60 60
_ _ _
Total comprehensive income for the year - 60 60
At 31 March 2020 (as previously reported) 215,668 175 215,843
Prior period adjustments 56,600 - 56,600
_ _ _
At 31 March 2020 (restated) and 1 April 2020 272,268 175 272,443
Profit for the year 78 78
_ _ _
Total comprehensive income for the year - 78 78
_ _ _
At 31 March 2021 272,268 253 272,521
_ _ _

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Brixham Does Care Company limited by guarantee

Notes to the financial statements Year ended 31 March 2021

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is The Town Hall, New Road, Brixham, Devon, TQ5 8TA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that

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Brixham Does Care Company limited by guarantee

Notes to the financial statements Year ended 31 March 2021

it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fittings fixtures and equipment - 15% straight line
Motor vehicles - 25% straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Government grants are recognised using the accrual model and the performance model.

Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Limited by guarantee

The company is limited by guarantee and does not have a share capital. The Liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the company in the event of it being wound up while he or she is a member or within one year after he or she ceases to be a member.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2020: 15).

6. Profit before taxation

Profit before taxation is stated after charging/(crediting):

Depreciation of tangible assets 2021
£
3,647
_		 2020
£
1,133
_

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

7. Tangible assets
Fixtures, fittings and
equipment Total
£ £
Cost
At 1 April 2020 52,563 52,563
Additions 16,760 16,760
______ ______
At 31 March 2021 69,323 69,323
______ ______
Depreciation
At 1 April 2020 46,607 46,607
Charge for the year 3,647 3,647
______ ______
At 31 March 2021 50,254 50,254
______ ______
Carrying amount
At 31 March 2021 19,069 19,069
______ ______
At 31 March 2020 5,956 5,956
______ ______
8. Debtors
2021 2020
£ £
Trade debtors - 704
Other debtors 18,729 2,027
_ _
18,729 2,731
_ _

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Brixham Does Care Company limited by guarantee

Notes to the financial statements (continued) Year ended 31 March 2021

9. Creditors: amounts falling due within one year

Other creditors 2021
£
1,744
_		 2020
£
3,634
_

10. Prior period errors

This relates to the transfer of surplus funds to the sinking fund for future investment within the local community.

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Brixham Does Care Company limited by guarantee

The following pages do not form part of the statutory accounts.

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Turnover

Income - BDC
Income - friends centre
Income - CAF resilience fund
Other income
Gross profit
Gross profit percentage		 116,891
156,393
30,000
14,000
_
317,284
_
317,284
100.0%		 124,534
179,267
-
17,069
_
320,870
_
320,870
100.0%

Overheads

Administrative expenses
Wages and salaries (inc ER's) (221,955) (207,874)
Staff pension costs - defined contribution (15,682) (17,216)
Staff training - (900)
Wellbeing expenses (22,066) (21,897)
Rent payable (18,840) (24,587)
Rates (1,397)
(1,363)
Insurance (1,679)
(1,549)
Cleaning, PPE & covid-19 safety costs (4,624)
(992)
Uniforms and workwear - (257)
Repairs and maintenance (1,433)
(3,680)
Printing, postage and stationery (3,001)
(3,007)
Telephone (4,251)
(4,278)
Leasing of motor vehicles (inc coaches) (16,928) (18,425)
Motor expenses (4,636)
(5,587)
Travelling and entertainment (18)
(1,257)
Legal and professional - (120)
Bank charges (69)
(60)
Canteen, catering and other office expenses (1,084) (15,027)
General expenses (296)
(626)

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Transfer to general reserve/sinking fund
Charitable donations - type 2
Subscriptions
Depreciation of tangible assets
Gain/loss on disposal of tangible assets
Other operating income
Government grants recognised directly in income
Operating loss
Operating loss percentage
Other interest receivable and similar income
Profit before taxation		 (56,600) (20,000)
(1,824)
(970)
(567)
(1,203)
(3,647)
(1,133)
-
3,499
_
_
(380,597) (348,509)
63,309
27,438
_
_
63,309
27,438
(4)
(201)
0.0%
0.1%
82
261
_
_
78
60
_
_

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Contact Information

“Without you….we wouldn’t be here”

Thank you for taking the time to read through our Annual Report for 2020 / 2021.

Please let us know if you have any observations about the report or any of our services. We look forward to hearing from you with your thoughts and any comments you may have.

Thank you for supporting Brixham Does Care

We need to continue the group activities and services that are set up and ask for your support in the work we undertake. You can help by:

Our Logo

A person – People matter most A smile – We look for happiness A simple drawing – Everybody can be useful

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