ERB'S PALSY GROUP TRusfEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 (Registered Charity Number 1157720) Thomas & Young Limited Chartered Accountsnts Solihull
ERB'S PALSY GROUP CONTENTS Page Legal and administrattve infonnation Trustees, Rewrt IndeFendent Examiners, Rewt Statement of Financial Activities Balar Sheet Note5 trj the Accounts 9-15
Page I ERB'S PALSY GROUP Charity Inforniation Chair K Hillyer Trustees G Hilwer cfreasurer) K Hillyer J Dewdney C Hemming (Secretary) D Robinson A SIMft G R A Hillyer K Hawksby S F4ichard (appointed Nov 23) Charlty Number 1157720
Page 2 ERB'S PALSY GROUP Charity Inforniation (Continued) Charity OffKes Registered office 60 Anthorway Road Coventsy CV3 6JJ Bankers Bardays Bank UK PLC Independent Examiner Thomas & Young Limitej Cartdon House 26fr268 Stratford Road Shirley Solihull West Midlands B90 3AD
Page 3 ERB'S PALSY GROUP REPORT OF THE TRusfEES For the year eThled 31 July 2023 The Tjst present their report for the wrtK)ses of the Charities Act 2011 for the year ended 31 July 2023. TRusfEES The Trustees who setv&l during the year, and who have resigned cf tEen appointed, are named on page l. PRINCIPAL OFFICE The principal Offi is: 60 AnchoaY Road Coventry CV3 6JJ ADVISORS DURING THE YEAR Independent Examiner: Thomas & Youn9 Mited Bankers.. Bardays Bank UK PLC OBJEcfivES AND AcfiviTIES Objectives and aims The charity's aim and objective are to advan education of the publlc in the subject of Ert)'5 Palsyi particularly by the provision of infrKmation and guidance to those living with Erb's Palsy (and their families) to assist them to achieve their physi(31, intellectual, emotional and social wtential. The a(tivities include making grants to individuals, woviding human resources, advocacgi advice and infomiation. Public Benefit The public benefits of the charity are raising awareness of Erb's Palsry. The public benefits directty relate to the charivs key objectives. No detriment or ham arises from the charty providing the public iEnefts. In shaping the objectives for the year and planning the charity's attlvities, the charity trustees have referred to the guidan contained in the Charity commission's genernl guidan on public tnef when reviewng the company's aims and objectives and in plannlng future activities.
Page 4 ERB'S PALSY GROUP REPORT OF THE TRusfEES (continued) OBJECTIVES AND AcrivrrIE5 (CONTINUED) Charitable activities As the Charity lebrate5 30 years of supportin9 families, I am pleased to report that our current year has been even busier than last year, we have had over 40 new members join the Charty. The* new members have found us as a result of our Awareness Week and also increasingly bEing referred to us by physiotherapists treating the children. We attribute this increase In refealS to the very successful Study Day we held for theraysts at Coventry University Techno Centre thi5 year. The deasion made by the Board of Trust&s to only host a Family Fun Day every years has allowed the Charity to recoup some funds following the lockdown periryj. Subscriptions remained fairly steady throughout the year. however, general donations were just under £5,000 up on last yearfs figures. Total donations reduced by £11,500, but this was due to some OnOff prOjt-sC1fiC donations in the previous year. Whilst this rise in incoming general funds was welcome, the organisation, like many others, found the surplus in(L)me wa5 soon exnded with the rising costs of produang the newsletter and higher tharges in general for stationeryi telephone calls and intemet costs. At the suggestson of one of the Trustees we trialled a new method of delivering the newsletter to memtrErs, with members teing able to opt into an electronic version being sent at no cost to the Charity. We have not yet seen the financial benefit of this. however, we are sure this will reflected in next yearfs aco)unts. We recruited a new Trustee, Stscey Prschard who has tsken on the role of Awareness and Fundraising Co-ordinator. StaY has (reated a Tik Tik account for us to upload video content and has re-vitslised our Instsgram offering- this has given the Charity a much-needed boost in our Social Media presence. The Charity was offed the OPF()rtunity to work with Students from Queen Mary's University in London. The students were tssked with identifying how the Charity could engage new memtrErs and raise awareness of the condition and the Charity. Two groups of students wothed hard on the project and delivered a Social Media strategy which we have formally adopted and we are delighted to see eXlIent resuts with the combination of our new T5t and the suggestions from the students. We continue to partner with several NHS Trusts treating the condition and have sent publications to many more District Hospitals than previouslyi with more requests than ever before for our information to disseminate to families and Health Gire Professionals. My fellow Trustees and their partners have worked hard all year in supporting the Charity in achieving our goals of SuppKJrt and Education, and l extend my huge thanks to them all for their tireless efforts. Wrthout their support the Charity would not be as SucsfUl as it is.
ERBS PALSY GROUP::: RÉpoiYf OFTHETrUSTEÈS Ic4xrtinwd) Reserves kY The triJs have examinèl.the raw$rts for resav85..have e#a]d a . .Governing document The dprty i8 a thatitalk IrLDrpcffth 93tron. RecNitment and apNntm•rt of nthy trustees "" Thts report aForyedby the ofkn.cn.:jl . 2S and ned on tsr belPty.
Page 6 ERB'S PALSY GROUP Independent Examinerfs Report to the Trustees of ERB'S Palsy Group I rewrt to the charity trustees on my examination of the Unts of the Charitab o)mpany for the year ended 31 July 2023, whith are set out on pages 7 to 15. Responslbllities and basbs of report As the tharity's trustees you are restxinsible for the preparatM)n of the accounts in accordan with the requirements of the Charities Act 2011 Cthe ACY). I rep)rt in respect of my examination of the charivs accounts carrigj out under tion 145 of the Act and in carying out my examination I have foll¢)wed all the applicable Directions given by the Charity Commision under section 145(5)(b) of the Att. Independent examinerfs statement I have completed my examination. I confim that no material matters have come to my attention in ojnnection with the examination givirKJ me ouse to believe that in any material a(£ounting records We not kept in res of the tharity as required by sectic 130 of the ACT. or the at)Unts (ki not afford with those reo)rds; or the accounts do not Comp with applicable requirements conceming the form and cyjntent of aco)unts set out in the Charities {Accx)unts and Reports) Regulations 2008 other than any requirement that the aco)unts give a *rue and fair view, which is not a matter considered as part of an independent examination. I have no COnrn5 and have come across no other matters in connection wrf(h the examination to whi(h attention should drawn in this report in order to enable a protEr understanding of the accounts to te reached. Mark McLean FCA Thomas & Young Limit Chartered Accountants Carleton House 266 - 268 Stratford Road Shirley Solihull West Midlands B90 3AD Dated:
Page 7 ERB'S PALSY GROUP statement of Financial Activities for the year ended 31 July 2023 Unrestricted Restricted Total Funds Funds 2023 Tolal 2022 Income and endowments from: Donations and legacEs O)aritable acknvfcies Income from investsnents 35,309 500 73 1,100 6,600 36,409 7,100 48,033 1,838 Total income 35,882 7,7C 43,582 49,874 Expenditure on: O)aritabie attivities 39,749 2,430 42,179 54,805 Total resources experbded 39,749 2,430 42,179 54,805 Net incomingl{outgoing) resources before transfers (3,867) 5,270 1,403 (4,931) Gross transfers between funds Net movement in fvnds (3,867) 5,270 1,403 (4,931) Reconciliation of funds: Total funds brought fOard 32,309 882 33,191 38,122 Total funds carried fOard 28,442 6,152 34,594 33,191 The statement of financial activities indudes all gains arml losses recojnised in the year. All income and expendfcure derive from continuing activlties.
ERVS PALSY GROtsI:" . Cash & iwik ar#i in harKI ...: 32,486 CREDTfoRS: amourtsfalliMJdue ' withln >ar (126) :. Totsl awetsltss liablllts , . FUND 8ALANCES 6,Ir4 28,442 '.. 33,19L AFff)rov6d by the Ttst5 on . . and 5•3rd on R5 behalf by: K HIW (tnrtee)
Page 9 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMEtirs for the year ended 31 July 2023 Accounting Policies Charity inforniation ERB'S Palsy Group is a tharitable incOrwrat organisation, whose PTincipal address is shown on page 3. 1.1 Accounting convention These accounts have b*n prepared in accordan with FRS 102 "The Finanaal Reporting Standard applicable in the UK and Republic of Ireland" C'FRS 102'?,-Accounting and Reporting by a)arities" the Statement of Recommended Practi fi)r Chaiities applying FR5 102, the Charities Act 2011 and UK Generally Accepted Accounting Practi as it apled from l January 2015. This 15 a Public Benefit Entty as defined by FRS 102. The acccwnts have depart1 from the Charities (ALtounts and RekK)rt5) RegulatKJns 2(X)8 only to the extent rUired to provide a and fair wew. This dertUre has invow following the statement of Recommended practi for Charities apYIng FRS 102 Trther than the version of the Statement of Rerr)mmended Practi, which is referred to in the Regulations, but which has Sin tEen withdrawn. The accounts arE prepared in sterting, which is the fvnrtional cUency, The Monetary amunts in these finanaal statements a round&J to the nearest £1. The accounts have been prepared under the historical c(tst convention. The winapal accountir policies adopted are set out below: 1.2 Going concern At the time of aPpvIng the accounts, the tnjstees have a reasonable extkctation that they have adequate resources to continue in operational existen for the foreseeable future. Thus, they continue to adcpt the goirrfJ mrtem basis of acrounting in preparing the accounts. 1.3 Charltable funds Unrestrict&l funds are available for use at the dis(Tetion of the in furtheran of tsir (haritsble obj'ectwes unless the fijnds have IRen IlesKJned for other purkxises. Restricted funds are subject to specific conditions by donors as to how they may be U1. 1.4 Incomlng resources Income is recconised when the Charity is legal entttled to it after any perf0rrnan conditions have bn mel the amounts can be measured liabLY, and is probable that iome will t rereived. Cash donations are reroJnised on receipt. Other donab'ons are reoJJniHI On the Charity has en rK)tified of the donation unle55 Ferfomiantr conditnS requi deferTal of the amount.
Paje 10 ERB'S PALSY GROUP NOTES TO ThE FINANCIAL sfATEMEKrs for the year ended 31 Juty 2023 Accounting Poliaes (Continued) 1.4 Incoming resour (continued) Income tsx rVerable in relati¢)n to donations rrfeNeJ under Gift Aid or De&Js of Covalant is recoJnised at the time of the donati¢)n. Legacies are recognisaj on receipt or othemise if the alarity has LEen nOtffi of an imwiding distribution, the amount is known, and receipt is exFeCted. If the amount is Th)t known, the legxy is treated as a contingent asseL Tumover is measured at the fair value of the consyderati¢Jn received or re1vable and represents amounts receivable for gocxls and servi5 provided in the nomial course of business, net of discounts, VAT and other sales relatgj taxes. 1.5 Resources expended All expenditure is aCUnted for on an arUal basis and has been das5ified under headings that aggregate all cnsts related to the (3tegory. Expenditure is re0)gnisl where there is a legal or constructive obligation to make payments to third partie5, it is protoble that the settlement will be required and the amount of the ob1KJatiC (an be measured reliably. Irrecoveftble VAT is char@ as an e%pense against the tiVty for which eXndItUre arose. Support costs are those that assist the work ofthe charity l)ut do not dIrY repre*nt charitsble attivities and Incl Offi costs, governan costs and other administr3twe cc6ts. They are incuffed directy in support of extEnditure on the objects of the charty. Ail SUP[rt costs have been allocat against the general (haritable activity. The analysis of these costs is induded in note 7. 1.6 Cash and cash equivalents Cash and cash equivalents indude cash in hand, deFX)sits held at call with banks, cther short- term liquid Invtrents with original mattjrities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.7 Financlal instruments The tharity has derted to apply the provisions of son 11 'Basic Financial Instruments, and cbon 12'0ther Finanaal Instruments Issues, of FRS 102 to all of its finanaal instruments. nancial instruments are reccNJnised in the tharity's balan sheet when the d)arity 1ComeS paty to the ntrttUal provisions of the instrument.
Pa9e 11 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMENTS for the year ended 31 July 2023 Accounting Poliaes (Q>ntlnued) 1.7 Financial iThstruments (Continued) Finaal assets and liabilities are offse¢ with the net amounts presented in the finanaal statements, when there is a legally enforceable right to set off the reccNJnised amounts and there is an intention to settle on a net basis (Y to realise the asset and settle the liability simultsneously. Baslcfinanaalassets Basic financial assets, whith include debtors and cash arKI ix4nk balan5, are initially measured at transactton pri induding transaction costs and are subsequently carried at amortised cost using the effective interest methLxI unless the arrangement mnstitutes a finanar¥J transartKIn, where the transaction is measured at the present value of the future rereipts discounted at a market rate of interest. Finanaal assets dassified as receivable within one year are not amrtised. Basic finanaal liabilities, induding creditors and bank loans are initially recognised at transaction pri unless the arrangement constitutes a finanang transaction, where the debt instrument is measured at the present value of the future payments discounted at a mathet rate of interest. nancial liabilities dassified as able within one year are not amortised. Debt instsrnents are subsequently carried at amorti1 cost, using the effective interest rate method, Trade (reditors are obligations to pay for gc¥xls or serwces that have b&n aCqUid in the ordinary course of operations from suppliers. Amounts payable are classified as rrent lialmlities rf Yment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditor5 are recognised initially at tran&icth)n price and subsequently measured at amortised cost using the effettive interest methLKI. Derecognitson offinancialliathllties nanaal liabiltties are derecognised when the charitys contractual olgationS expire or are d1$thaed or Can11. Crltlcal acUnting estimatss and Judgements In the application of the Charivs accounting policies, they are required to make Judgements, ests'mates and assumptions aut the carying amount of assets and liabilities that are not readity aprent from other Sour5. The estimates and associated assumptions are based on histori121 exprien and other fattors that are considered to be relevant. Artual results may differ from these estimates. The estimates and underlying assumpts.ons a rewewed on an ongoing b3sis. RevisÉons to a(rounting estimates are recognised in the period in which the est¢mate is revised where the revision affects only that perkjl, or in the pericKI of the revison and future peri(Kls where the revision affects both current and future peris.
Page 12 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMENTS for the year ended 31 July 2023 Donations and legacies 2023 2022 tknations & Gifts 34,354 Gftnts Membership fee5 2,055 1,967 36,409 48,033 Income from donations and IL¥Jacies was £36,409 (2022 £48,033) of which £1,100 (2022 £13,789) was attributsble to restricted funds and £35,309 (2022 £34,244) was atttibutsble to unrestrict&1 funds. Charitable activities 2023 2022 conferen and merrhandise 500 1,088 study Day 690 750 Tim twe fund 1,500 Study Day 4,410 7,100 1,838 Income charitsble adivitie5 was £7,100 (2022 £1,838) of which £6,600 {2022 £750) was attributable to restricted fund5 and £500 (2022 £1,088) was attributabk to unresthctsl funds. Investment Income 2023 2022 Interest receivable 73 73
Page 13 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMENTS ftlr the year ended 31 Juty 2023 Analysis of expenditu on charitable activilies Total 2023 Total 2022 AGM & Funday Erb's Ble Newsletter Study Day Merchandise Expenses Equipment Advertising, Websf(e & Datsbase Anniversary Ball Outreach rim Wde Fund Narakas Conferen Young Achiever Herbie Act.Project Travel Grant 357 18,293 6,030 918 6,960 1,280 331 2,806 1,049 1,282 1,164 808 5,261 335 218 35,254 20,577 Share of support costs {5& note 7) sha of governan costs [ note 7) 19,784 17,122 Analysis by fund Unrestiirted funds Restricted funds 33,479 30,025
Page 14 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMEpirs for the year ended 31 July 2023 Support costs Support Governance costs 2023 2022 Online Donation Costs Stoftge Costs Insurance Prizes & Gifts Printing, Postage &Stationery Phone & Intemet Accotn & Subsisten Ttavel Subscriptions Team building Computer costs FundTrising Trustee Meetings Professional fees 233 1,812 601 1,192 233 1,812 601 1,192 9,446 1,460 1,563 2,035 852 1,649 592 364 8,605 1,037 2,250 1,247 119 1,563 2,035 990 452 452 167 240 917 1,512 19,551 306 1,512 1,818 306 1,512 21,602 19,784 Governan costs indudes payments to the independent examiners of £1,512 (2022 £1,512) for accountancy fees. Trustees Trust (or any persons connectLYl with them) didnt r1ve any remuneration or tEnefits. £1,106 was rmburSed for dIrdY inCued expenses to fwe tru¥(. Employees There were no empY during the year.
Page 15 ERB'S PALSY GROUP NOTES TO THE FINANCIAL sfATEMENTS ftir the year ended 31 July 2023 10 Financial instNments 2023 2022 Carrying amount of financial liabiliti Measured at amortisa cost 11 Debtors 2023 2022 Amounts falling due wlthin one year: Prepayments and arUed incon 9,187 3,293 12 Creditors amounts falling due within one year 2023 2022 Accwals and deferred income 126 2,588 13 Analysis of net assets between funds Restricted Unrestricted Totsl Fund balan at 31 July 2023 are represented by: Current assets/(liaiylities) 6,152 28,467 34,619 rim Dyde AGM & Anniversary Study Memorial Funday Ball Day TOTAL 0ing Income Expendf(ure aosiThJ 882 7,700 1,500 335 I,ioo 357 743 4,410 69) 690 The Tim Dyde Fund provides financial assistan to gifted or tslented individuals with Erb's Palsy. other restricted funds are to fund the cost of specific events. 14 Related party transactions There were no disclosable related party transactions during the year (2022 - none).