Corinium House, Barnwood Point Business Park, Corinium Avenue, Gloucester, GL4 3HX
Trustees Annual Report 1[st] May 2021 - 30 April 2022
Structure & Governance
Hollie Gazzard Trust is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, registered on 25 April 2014. The Hollie Gazzard Trust is also the only share holder of its Charitable Trading Company, Hollie Gazzard Consulting Ltd, Company Number 9673235 registered with Companies House, Cardiff on 7[th] July 2015.
The Trust is managed by the Board of Trustees, which meets on a regular basis throughout the year. A Board of Directors consisting of HGT Trustees and Non-Conflicted Non-Executive Directors whose responsibility is to oversee the running and Governance of the Trading Company. In accordance with the 2006 Companies Act, the Trading Company is governed by Articles of Association.
Trustees Alison Hook (Chair) Faye Kamara Sophie Perkins Jon Rooke Kim Whalen-Blake Rebekah Grant Paul Goring Chris Phelan Jane Nitka
Aims & Objectves of the Charity
The Hollie Gazzard Trust (HGT) was created following the murder of 20-year-old Hollie Gazzard in 2014 by an ex-partner. HGT helps reduce domestic violence through creating and delivering programmes on domestic abuse and promoting healthy relationships in schools and colleges.
HGT also campaigns to reduce anti-social behaviour and knife crime. The aim of the Trust is to positively change the lives of young people through partnerships in communities, as well as working alongside other charities and professional agencies.
HGT was set up by Hollie’s parents, Nick and Mandy, and her sister Chloe. They have been instrumental in developing concepts including Hollie Guard and the Hollie GaZZette The objectives of HGT are:
-
To educate teenagers on healthy relationships and how to identify and deal with, domestic abuse, coercive control and stalking
-
To work to promote peace and divert young people away from anti-social behaviour and knife crime.
-
To help prevent harm and keep people safe through the use of Hollie Guard.
Review of actvites and developments
Hollie Guard
Hollie Guard is our personal safeguarding app and turns your smartphone into a personal safety device. If ever you feel threatened, you can send out an alert by either shaking your phone or pressing the icon button. Once you activate an alert, your location along with video and audio evidence is automatically sent to your nominated emergency contacts. The app is widely used by victims of domestic abuse and/or stalking to help them feel safe and report incidents. Hollie Guard also has many features that make it suitable for general use, such as; travelling to and from school/work, walking alone at night, attending meetings alone, going out for a run and many more. It really is a safety device available to anyone – free of charge. Key features of the app include:
• Journey - This feature can help you travel safely. Whenever you use this feature, your emergency contacts are informed about where you are going so, they can check on you in case you are in trouble. Ideal for travelling from one location to another.
• Meeting - This function allows the person to identify when they are going to a potentially dangerous meeting or working alone. An alert will automatically be created if the timer expires, or they do not cancel the meeting.
• Man Down - Man Down will send an alert to the dedicated contacts to make them aware if a person has not moved in a while. The app will flag sudden non-movement and impact, for example if someone has been assaulted or fallen.
• Reports – The report feature allows users to record an incident quickly and easily with supporting photo evidence that is automatically categorised, time stamped, and geo tagged. This feature can be used to create a log of events which can be used as evidence if required. The number of people downloading and using Hollie Guard is growing rapidly and the Hollie Gazzard Trust is constantly developing the service in conjunction with PanicGuard to ensure its functionality is fit for purpose for users. We have worked with the Crown Prosecution service and the data that Hollie Guard holds is admissible evidence in court.
Hollie Guard Extra
As well as all the features of Hollie Guard, users can choose to upgrade their service to Hollie Guard Extra, a service through which an alert response centre will monitor any alerts triggered 24/7. The response monitor will be able to see the user’s location in real-time as soon as an alert is activated. They will then be able to access the audio and video evidence created at the location, allowing them to determine a suitable response to the alert, which could include calling the emergency services. During the year because of grant funding, we were able to support vulnerable victims of domestic abuse and stalking across 16 police forces, a number of charities and other supporting agents. In total we supported 1132 victims with Hollie Guard Extra.
Not ti ngham Trent University Evaluat i on
The students evaluated one of our Healthy Relationships workshops. They came up with various recommendations in order to ensure that the workshop was diverse in order to reach all. We ensured we took note of the recommendations and updated all workshops in accordance. Masters students project
Grant Funding
We obtained funding from Gloucestershire’s Police and Crime Commissioners office to complete 20 courses of the Sexual Harassment Active Bystander Training.
We received £1,000 from South West Community Benefit and £2,000 from Co-operative Community Funding to deliver Healthy relationships workshops in schools.
Finances
The trustees monitor the financial statements through the trustee’s board meetings. Accounting statements and bank statements are provided for monitoring. The reserves policy is reviewed at each meeting and will be adjusted accordingly to business needs.
Events
-
We have been able to hold events again this year due to settling of the pandemic. We have held: Purple Hollie Day 2021
- Purple Hollie Day went well, however as it was the first after the pandemic it was a slow start. We expect this to become a much bigger event and to grow each year now that we have been in to more schools, colleges and businesses as we will get them involved. We raised: £2011
-
Golf Day 2021
The Golf day went really well and sold out quickly. It was enjoyed by all and a few teams booked in for the 2022 golf day straight away! We raised: £5871.00
- Dinner 2021
The Dinner ran smoothly and we raised: £11,077.00
- Walk4Hollie 2022
We ran the Walk4Hollie from the Glevum this year with some new merchandise for sale and a tombola. The weather forecast was not the best which may have deterred some.
Training and Educat i on
In the United Kingdom, domestic abuse is thought to cost £14 billion in lost economic output due to decreased productivity, administration difficulties from unplanned time off, lost wages and sick pay. Working Without Fear is a tailored programme of workshops designed to show employers the vital role they play in respect to safeguarding their employees against domestic violence & abuse, coercive control and stalking. We help them to do this through training, education and raising awareness. The Working Without Fear programme is delivered by the Charitable Trading Company and supported by Gloucestershire’s Police and Crime Commissioner.
We have delivered workshops and training on raising awareness to educational facilities and businesses on; Hollie Guard, Stalking, Healthy Relationships, Coercive Control, Knife Crime. We have been able to get back in to schools and businesses to deliver due to the settling of the pandemic, therefore able to reach far more people.
We have delivered to 14 schools across the country and attended numerous wellbeing and freshers events.
We have been in to two large organisations to deliver the Working Without Fear Programme and delivered the Sexual Harassment Active Bystander training to four organisations. We have also been invited to speak as part of training sessions delivered by other organisations, police training days, as well as being asked to speak on various media outlets – including Netflix - to raise awareness and talk about Hollie Guard/Extra.
Details of Future Developments
The promotion of Hollie Guard and Hollie Guard Extra with Police forces will continue. We have also developed Hollie Guard Business that has been rolled out to the business community to help businesses comply with the various Health & Safety and new domestic abuse act. We will also be
rolling this out to the educational sector. We have had various companies take on Hollie Guard Business and had our first renewal this year.
The commencement of a new project, Hollie’s Project providing a hub for training and education, as well as a working hairdresser, based on a social enterprise module. The aim of the hub would be to bring together administration, training and hairdressing, providing a community resource with a focus of keeping people safe. The business planning has been completed and we were in the process of sourcing a suitable premise that meets the needs of the hub, however due to the current climate we have decided to put this on hold for now and revisit later on in the year. This will be a huge development for the Trust and ensure a place in the community with the potential of developing in other areas.
Declaraton
The trustees declare that they have approved the trustees’ report Signed on behalf of the charity’s trustees:
Signature: Name: Alison Hook Position: Chair Date: 18.10.22
REGISTERED CHARITY NUMBER: 1156804
Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 April 2022 for Hollie Gazzard Trust
Hollie Gazzard Trust
Contents of the Financial Statements for the Year Ended 30 April 2022
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Report of the Trustees | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 13 |
Hollie Gazzard Trust
Legal and Administrative Information for the Year Ended 30 April 2022
| Trustees | A Hook (Chair) |
|---|---|
| F Kamara | |
| S Perkins | |
| J Rooke | |
| K Whalen-Blake | |
| R Grant | |
| P Goring | |
| C Phelan | |
| J Nitka | |
| Charity number | 1156804 |
| Registered office | 12 Martindale Road |
| Churchdown | |
| Gloucester | |
| Gloucestershire | |
| GL3 2DW | |
| Independent examiner | iLex Accountancy Services Ltd |
| 41 Brunswick Road | |
| Gloucester | |
| GL1 1JS |
Page 1
Hollie Gazzard Trust
Report of the Trustees
for the Year Ended 3 April 2022
The trustees present their report and financial statements for the year ended 30- April 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the trust's constitution, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016)
Structure & Governance
Hollie Gazzard Trust is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, registered on 25 April 2014. The Hollie Gazzard Trust is also the only share holder of its Charitable Trading Company, Hollie Gazzard Consulting Ltd, Company Number 9673235 registered with Companies House, Cardiff on 7[th] July 2015
The trust revised its charitable objects by resolution on 25th April 2014.
The Trust is managed by the Board of Trustees, which meets on a regular basis throughout the year. A Board of Directors consisting of HGT Trustees and Non-Conflicted Non-Executive Directors whose responsibility is to oversee the running and Governance of the Trading Company. In accordance with the 2006 Companies Act, the Trading Company is governed by Articles of Association.
Trustees
Alison Hook (Chair) Faye Kamara Sophie Perkins Jon Rooke Kim Whalen-Blake Rebekah Grant Paul Goring Chris Phelan Jane Nitka
Aims & Objectives of the Charity
The Hollie Gazzard Trust (HGT) was created following the murder of 20-year-old Hollie Gazzard in 2014 by an ex-partner. HGT helps reduce domestic violence through creating and delivering programmes on domestic abuse and promoting healthy relationships in schools and colleges.
HGT also campaigns to reduce anti-social behaviour and knife crime. The aim of the Trust is to positively change the lives of young people through partnerships in communities, as well as working alongside other charities and professional agencies.
HGT was set up by Hollie’s parents, Nick and Mandy, and her sister Chloe. They have been instrumental in developing concepts including Hollie Guard and the Hollie GaZZette
The objectives of HGT are:
To educate teenagers on healthy relationships and how to identify and deal with, domestic abuse, coercive control and
To work to promote peace and divert young people away from anti-social behaviour and knife crime.
To help prevent harm and keep people safe through the use of Hollie Guard.
Page 2
Hollie Gazzard Trust
Report of the Trustees (Continued)
for the Year Ended 30 April 2022
Hollie Guard
Hollie Guard is our personal safeguarding app and turns your smartphone into a personal safety device. If ever you feel threatened, you can send out an alert by either shaking your phone or pressing the icon button. Once you activate an alert, your location along with video and audio evidence is automatically sent to your nominated emergency contacts. The app is widely used by victims of domestic abuse and/or stalking to help them feel safe and report incidents. Hollie Guard also has many features that make it suitable for general use, such as; travelling to and from school/work, walking alone at night, attending meetings alone, going out for a run and many more. It really is a safety device available to anyone – free of charge.
Key features of the app include:
• Journey - This feature can help you travel safely. Whenever you use this feature, your emergency contacts are informed about where you are going so, they can check on you in case you are in trouble. Ideal for travelling from one location to another.
• Meeting - This function allows the person to identify when they are going to a potentially dangerous meeting or working alone. An alert will automatically be created if the timer expires, or they do not cancel the meeting.
• Man Down - Man Down will send an alert to the dedicated contacts to make them aware if a person has not moved in a while. The app will flag sudden non-movement and impact, for example if someone has been assaulted or fallen.
• Reports – The report feature allows users to record an incident quickly and easily with supporting photo evidence that is automatically categorised, time stamped, and geo tagged. This feature can be used to create a log of events which can be used as evidence if required. The number of people downloading and using Hollie Guard is growing rapidly and the Hollie Gazzard Trust is constantly developing the service in conjunction with PanicGuard to ensure its functionality is fit for purpose for users. We have worked with the Crown Prosecution service and the data that Hollie Guard holds is admissible evidence in court.
Hollie Guard Extra
As well as all the features of Hollie Guard, users can choose to upgrade their service to Hollie Guard Extra, a service through which an alert response centre will monitor any alerts triggered 24/7. The response monitor will be able to see the user’s location in real-time as soon as an alert is activated. They will then be able to access the audio and video evidence created at the location, allowing them to determine a suitable response to the alert, which could include calling the emergency services. During the year because of grant funding, we were able to support vulnerable victims of domestic abuse and stalking across 16 police forces, a number of charities and other supporting agents. In total we supported 1132 victims with Hollie Guard Extra.
Nottingham Trent University Evaluation
The students evaluated one of our Healthy Relationships workshops. They came up with various recommendations in order to ensure that the workshop was diverse in order to reach all. We ensured we took note of the recommendations and updated all workshops in accordance.
Grant Funding
We obtained funding from Gloucestershire’s Police and Crime Commissioners office to complete 20 courses of the Sexual Harassment Active Bystander Training.
We received £1,000 from South West Community Benefit and £2,000 from Co-operative Community Funding to deliver Healthy relationships workshops in schools.
Finances
The trustees monitor the financial statements through the trustee’s board meetings. Accounting statements and bank statements are provided for monitoring. The reserves policy is reviewed at each meeting and will be adjusted accordingly to business needs.
Page 3
Hollie Gazzard Trust
Report of the Trustees (Continued)
for the Year Ended 30 April 2022
Events
We have been able to hold events again this year due to settling of the pandemic. We have held: Purple Hollie Day 2021
Purple Hollie Day went well, however as it was the first after the pandemic it was a slow start. We expect this to become a much bigger event and to grow each year now that we have been in to more schools, colleges and businesses as we will get them involved. We raised: £2,011
Golf Day 2021
The Golf day went really well and sold out quickly. It was enjoyed by all and a few teams booked in for the 2022 golf day straight away! We raised: £5,871.00
Dinner 2021
The Dinner ran smoothly and we raised: £11,077.00
Walk4Hollie 2022
We ran the Walk4Hollie from the Glevum this year with some new merchandise for sale and a tombola. The weather forecast was not the best which may have deterred some.
Training and Education
In the United Kingdom, domestic abuse is thought to cost £14 billion in lost economic output due to decreased productivity, administration difficulties from unplanned time off, lost wages and sick pay. Working Without Fear is a tailored programme of workshops designed to show employers the vital role they play in respect to safeguarding their employees against domestic violence & abuse, coercive control and stalking. We help them to do this through training, education and raising awareness. The Working Without Fear programme is delivered by the Charitable Trading Company and supported by Gloucestershire’s Police and Crime Commissioner.
We have delivered workshops and training on raising awareness to educational facilities and businesses on; Hollie Guard, Stalking, Healthy Relationships, Coercive Control, Knife Crime. We have been able to get back in to schools and businesses to deliver due to the settling of the pandemic, therefore able to reach far more people.
We have delivered to 14 schools across the country and attended numerous wellbeing and freshers events.
We have been in to two large organisations to deliver the Working Without Fear Programme and delivered the Sexual Harassment Active Bystander training to four organisations.
We have also been invited to speak as part of training sessions delivered by other organisations, police training days, as well as being asked to speak on various media outlets – including Netflix - to raise awareness and talk about Hollie Guard/Extra.
Details of Future Developments
The promotion of Hollie Guard and Hollie Guard Extra with Police forces will continue. We have also developed Hollie Guard Business that has been rolled out to the business community to help businesses comply with the various Health & Safety and new domestic abuse act. We will also be rolling this out to the educational sector. We have had various companies take on Hollie Guard Business and had our first renewal this year.
The commencement of a new project, Hollie’s Project providing a hub for training and education, as well as a working hairdresser, based on a social enterprise module. The aim of the hub would be to bring together administration, training and hairdressing, providing a community resource with a focus of keeping people safe. The business planning has been completed and we were in the process of sourcing a suitable premise that meets the needs of the hub, however due to the current climate we have decided to put this on hold for now and revisit later on in the year. This will be a huge development for the Trust and ensure a place in the community with the potential of developing in other areas.
The trustees declare that they have approved the trustees’ report Signed on behalf of the charity’s trustees:
Alison Hook (Chair) Dated: 26th January 2023
Page 4
Hollie Gazzard Trust
Independent Examiner's Report to the Trustees
for the Year Ended 30 April 2022
I report to the trustees on my examination of the financial statements of Hollie Gazzard Trust (the trust) for the year ended 30 April 2022.
Responsibilities and basis of report
As the trustees of the trust you are responsible for the presentation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the trust's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. To the fullest extent permitted by law, I do not accept or assume any responsibility to anyone other than the charity and the Trustees, as a body, for my work, or the options I have formed.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination, giving me cause to believe that in any material respect:
- 1) accounting records were not kept in respect of the trust as required by section 130 of the 2011 Act; or
2) the financial statements do not accord with those records: or
3) the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view, which is not a matter considered as part of an independent examination.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with the Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable to 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 now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for the reporting periods beginning on or after 1 January 2015.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report, in order to enable a proper understanding of the financial statements to be reached.
Holly Siddall AFA MIPA iLex Accountancy Services Ltd 41 Brunswick Road Gloucester GL1 1JS
26th January 2023
Page 5
Hollie Gazzard Trust
Statement of Financial Activities including Income and Expenditure account for the Year Ended 30 April 2022
| Notes Income from: Donations and legacies 4 Other trading activities 5 Investment income 6 Total Income Expenditure on: Expenditure on raising funds: Costs of other trading activities 7 Expenditure on charitable activities 7 Net Income/(expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds 2022 Restricted funds 2022 Total 2022 £ £ £ 64,089 81,451 145,540 43,649 - 43,649 3,305 - 3,305 111,044 81,451 192,495 8,625 - 8,625 87,536 92,419 179,955 96,161 92,419 188,580 14,883 -10,968 3,915 - 14,883 -10,968 3,915 112,765 802 113,567 127,648 -10,166 117,482 |
Unrestricted funds 2021 Restricted funds 2021 Total 2021 £ £ £ 35,536 172,029 207,565 4,741 - 4,741 46 - 46 40,323 172,029 212,352 13,434 - 13,434 13,127 163,814 176,941 26,561 163,814 190,375 13,762 8,215 21,977 7,413 -7,413 0 21,175 802 21,977 91,590 - 91,590 112,765 802 113,567 |
|---|---|---|
The statement of financial activities include all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Page 6
Hollie Gazzard Trust
| Balance Sheet for the Year Ended 30 April 2022 Notes Fixed assets Tangible assets 13 Investments 14 Current assets Stocks 15 Debtors 16 Cash at bank and in hand Creditors: amounts falling due within one year 17 Net current assets Total assets less current liabilities Income funds Restricted funds Unrestricted funds 18 |
2022 £ 657 1 658 2,200 192,414 161,068 355,682 (238,858) 116,824 117,482 (10,166) 127,648 117,482 |
2021 £ 248 1 249 1,000 0 115,820 116,820 (3,502) 113,318 113,567 802 112,765 113,567 |
|---|---|---|
The financial statements were approved by the Board of Trustees on 26th January 2023 and were signed on its behalf by:
A Hook (Chair) Trustee
Page 7
Hollie Gazzard Trust
Notes to the Financial Statements
for the Year Ended 30 April 2022
1. Accounting policies
Charity Information
Hollie Gazzard Trust is a charitable incorporated organisation registered with the Charity Commission in England & Wales.
The registered office is Corinium House, Barnwood Point Business Park, Gloucester GL4 3HX
- 1.1 Accounting convention
The financial statements have been prepared in accordance with the trust's governing document, the Charities Act 2011 and "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)" (as amended for accounting periods commencing from January 2016). The trust is a Public Benefit Entity as defined by FRS102.
The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Updated Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations, but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in the furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes of the financial statements.
1.4 Incoming resources Income is recognised when the trust is legally entitled to it after performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount.
1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated to the applicable expenditures headings.
1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets, less their residual values over their useful lives on the following bases:
Equipment 33% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Impairment of fixed assets
At each reporting date, the trust reviews the carrying amounts of its tangible assets to determine whether there is an indication that those assets
1.8 Cash and cash Equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of
Page 8
Hollie Gazzard Trust
Notes to the Financial Statements (continued) for the Year Ended 30 April 2022
1. Accounting policies (continued)
1.9 Financial Instruments
The trust has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all it's financial instruments.
Financial instruments are recognised in the trust's balance sheet, when the trust becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans. are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present values of the future payments, discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the trust's contractual obligations expire, or are discharged, or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charges as an expense, as they fall due.
2. Critical accounting estimates and judgements
In the application of the trust's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results many differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised; where the revision affects only that period, or in the period of the revision and future periods, where the revision affects both current and future periods.
3. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Page 9
Hollie Gazzard Trust
Notes to the Financial Statements (continued) for the Year Ended 30 April 2022
4. Donations and legacies
| Donations Donations Big Give Grants Gloucestershire County Council Home Office The National Lottery Community Fund Office of the Police & Crime Commissioner Panic Guard Other Grants Donations Donations Grants Julia and Hans Rausing Trust Home Office The National Lottery Community Fund Office of the Police & Crime Commissioner Panic Guard Other Grants 5. Other trading activities Golf Day Hollie Ball Purple Hollie Day Walk4Hollie Training Cheltenham Town Football Club related activities Other fundraising events and donations Of all the income received £nil related to restricted funds 6. Investment Income Dividend income Interest received 7. Total expenditure Fundraising expenses Hollie Guard Hollie Project Staff costs Consulting Accountancy and bookkeeping Marketing and website costs Website and IT costs Insurance Other support costs Premises expenses Independent examination Depreciation |
Unrestricted funds Restricted funds Total 2022 2022 2022 £ £ £ 29,501 - 29,501 4,089 - 4,089 20,000 - 20,000 - - - - - - 7,500 22,750 30,250 - 57,701 57,701 3,000 1,000 4,000 64,089 81,451 145,540 Unrestricted funds Restricted funds Total 2021 2021 2021 35,536 - 35,536 - 20,000 20,000 - 82,409 82,409 - 39,996 39,996 - 6,683 6,683 - 13,544 13,544 - 9,397 9,397 35,536 172,029 207,565 2022 Unrestricted funds Total Funds £ £ 7,794 7,794 17,729 17,729 2,012 2,012 1,972 1,972 14,128 14,128 - - 15 15 43,649 43,649 2022 Unrestricted funds Total Funds 3,298 3,298 7 7 - - Raising Funds Charitable activities Support and governance costs £ £ £ 8,625 - - - 62,320 - - 7,390 - - 22,346 35,937 - - 5,252 - - 2,109 - - 21,839 - - 8,470 - - 26 - - 4,455 - - 8,201 - - 1,295 - - 316 8,625 92,056 87,899 Page 10 |
2021 Unrestricted funds Total Funds £ £ - - - - - - - - - - 4,501 4,501 240 240 4,741 4,741 2021 Unrestricted funds Total Funds - - 46 46 - - 2022 Total Funds £ 8,625 62,320 7,390 58,283 5,252 2,109 21,839 8,470 26 4,455 8,201 1,295 316 188,580 |
|---|---|---|
Hollie Gazzard Trust
Notes to the Financial Statements (continued)
for the Year Ended 30 April 2022
7. Total expenditure (continued)
7.1 Total expenditure (Prior year comparative)
| 7.1 Total expenditure (Prior year comparative) Fundraising expenses Hollie Guard Hollie Project Recharge of staff costs Marketing and website costs Website and IT costs Insurance Other support costs Premises expenses Independent examination Depreciation 8. Net income/(expenditure) Net income/(expenditure) is stated after charging.(crediting): Depreciation of tangible fixed assets 9. Independent examination fees Fees payable to the independent examiner for: Independent examination of the financial statements 10. Staff costs Wages and salaries Other pension costs Number of employees The average monthly number of employees during the year was: |
Raising Funds Charitable activities Support and governance costs £ £ £ 13,434 - - - 124,905 - - 3,640 - - 19,957 - - - 9,238 - - 8,675 - - 925 - - 3,260 - - 4,923 - - 600 - - 818 13,434 148,502 28,439 2022 2021 £ £ 316 818 2022 2021 £ £ 1,295 600 2021 £ 56,427 187 56,614 2022 2021 Number Number 4 0 |
2021 Total Funds £ 13,434 124,905 3,640 19,957 9,238 8,675 925 3,260 4,923 600 818 190,375 |
|---|---|---|
11. Trustees renumeration and benefits
There were no trustee' remuneration or other benefits for the year ended 30th April 2022 nor for the year ended 30th April 2021.
12. Taxation
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
13. Tangible fixed assets
| Cost At 1 May 2021 Additions At 30 April 2022 Depreciation and impairment At 1 May 2021 Depreciation charged in the year At 30 April 2022 Carrying amount At 30 April 2022 At 30 April 2021 |
Equipment Total £ £ 2,588 2588 724 724 3312 3312 2340 2340 316 316 2656 2656 656 656 248 248 |
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Hollie Gazzard Trust
Notes to the Financial Statements (continued) for the Year Ended 30 April 2022
| 14. Investments Cost or valuation At 30 April 2022 Carrying amount At 30 April 2022 At 30 April 2021 Investment entities Subsidiaries and other investments Subsidiary undertakings Hollie Gazzard Consulting Ltd 15. Stocks Raw materials and consumables 16. Debtors Trade debtors Prepayments and accrued income 17. Creditors Amounts falling due within one year: Trade creditors Other creditors Accruals and deferred income |
Shares in group undertakings £ 1 1 1 Class of share 1 100 2022 2021 £ £ 2,200 1,000 2022 2021 £ £ 5,820 - 186,594 - 192,414 - 2022 2021 £ £ 9,157 1,487 226,249 600 3,451 1,415 238,857 3,502 Percentage of shares held |
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Hollie Gazzard Trust
Notes to the Financial Statements (continued) for the Year Ended 30 April 2022
18. Analysis of charitable funds
Unrestricted funds
----- Start of picture text -----
Balance at
Balance at Incoming Resources 30 April
1 May 2021 resources expended Transfers 2022
£ £ £ £ £
General funds 112,765 107,738 -96,161 - 124,343
Other income - 3,305 - - 3,305
112,765 111,044 -96,161 - 127,648
Balance at
Balance at Incoming Resources 30 April
1 May 2020 resources expended Transfers 2021
£ £ £ £ £
General funds 91,590 40,323 -26,561 7,413 112,765
Restricted funds
Balance at
Balance at Incoming Resources 30 April
1 May 2021 resources expended Transfers 2022
£ £ £ £ £
Hollie Guard 802 80,451 -85,029 - -3,776
Hollie's Project - 1,000 -7,390 - -6,390
802 81,451 -92,419 - -10,166
Balance at
Balance at Incoming Resources 30 April
1 May 2020 resources expended Transfers 2021
£ £ £ £ £
Hollie Guard - 172,029 -160,174 -11053 802
Hollie's Project - - -3,640 3,640 -
- 172,029 -163,814 -7,413 802
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Purpose of restricted fund
Hollie Guard Hollie Guard is our personal safeguarding app and turns your smartphone into a personal safety device. If ever you feel threatened, you can send out an alert by either shaking your phone or pressing the icon button. Once you activate an alert, your location along with video and audio evidence is automatically sent to your nominated emergency contacts.
The app is widely used by victims of domestic abuse and/or stalking to help them feel safe and report incidents. Hollie Guard also has many features that make it suitable for general use, such as; travelling to and from school/work, walking alone at night, attending meetings alone, going out for a run and many more. It really is a safety device available to anyone - free of charge.
Hollie's Project To provide a hub for training and education, as well as a working hairdresser, based on a social enterprise module. The aim of the hub would be to bring together administration, training and hairdressing, providing a community resource with a focus of keeping people safe.
19. Analysis of net assets between funds
| Tangible fixed assets Investments Current assets Creditors less than 1 year Tangible fixed assets Investments Current assets Creditors less than 1 year |
Unrestricted funds 2022 Restricted funds 2022 Total 2022 £ £ £ - 657 657 - 1 1 261,755 93,927 355,682 -214,817 -24,040 -238,857 46,938 70,545 117,483 Unrestricted funds 2021 Restricted funds 2021 Total 2021 £ £ £ - 248 248 - 1 1 2,216 114,604 116,820 -1,414 -2,088 -3,502 802 112,765 113,567 |
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20. Related party transactions
The Hollie Gazzard Trust is a sole shareholder of its Charitable Trading Company, Hollie Gazzard Consulting Ltd. A board of directors, including charity trustees oversees the running of the business. The charity receives a dividend of £3298.39 during the year (2021 - £0).
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Hollie Gazzard Trust
Independent Examiner's Report to the Trustees
for the Year Ended 30 April 2022
I report to the trustees on my examination of the financial statements of Hollie Gazzard Trust (the trust) for the year ended 30 April 2022.
Responsibilities and basis of report
As the trustees of the trust you are responsible for the presentation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the trust's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. To the fullest extent permitted by law, I do not accept or assume any responsibility to anyone other than the charity and the Trustees, as a body, for my work, or the options I have formed.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination, giving me cause to believe that in any material respect:
- 1) accounting records were not kept in respect of the trust as required by section 130 of the 2011 Act; or
2) the financial statements do not accord with those records: or
3) the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view, which is not a matter considered as part of an independent examination.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with the Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable to 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 now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for the reporting periods beginning on or after 1 January 2015.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report, in order to enable a proper understanding of the financial statements to be reached.
Holly Siddall AFA MIPA iLex Accountancy Services Ltd 41 Brunswick Road Gloucester GL1 1JS
26th January 2023
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