2021-09-30-accounts - My Yard

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Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

Trusteess	Sri Sudevi (Chair)
	Louise Jane Carmichael
	Sarah Haberghan
	Catherine Marie Edgar
	Paula Merrony (Appointed 27thOct 21)
Registered Charity Number	115800
Registered office :
	60 Sparrows Herne
	Bushey
	Hertfordshire
	WD23 1FY
Independent Examiner	Elizabeth Collins
	Percent ABV Ltd
	10 Fidler Place
	Bushey
	Herts
	WD23 4UF

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

	Contents
		Page
Trustees Report		3
CEO Report		4
Independent Examiners Report		7
Statement of Financial Activities		8
Balance Sheet		9
Cash Flow Statement		11
Notes to the Financial Statements		12

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

Trustees’ report for the year ended 30[th] September 2021

The trustees of Angel Hands Foundation, who are trustees for the charity for Charities Act purposes and directors of the company for Companies Act purposes, present their report and the financial statements for the year ended 30 September 2019. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) issued in January 2016.

Structure and Governance

Angel Hands Foundation was registered and incorporates as a charity in October 2014. The working name of the charity is ‘My Yard’.

The charity is governed by a board of trustees, with day to day operations being undertaken by the Project Director.

The board of trustees meets regularly, to oversee the management of the charity and provide guidance.

Objectives and activities

My Yard (Working name of Angel Hands foundation) provides support to residents of Bushey and Harrow who are isolated and not receiving adequate support for a variety of reasons.

Surplus food distribution is the main tool used as most beneficiaries are in food poverty as well as isolated. In this way we break down barriers and start to engage with those most in need personally and socially. This includes people of all ages and social groups.

My Yard partners with voluntary and statutory bodies with the intention of reducing food poverty and thus increasing mental and physical wellbeing.

Financial review

Income for the year from donations and investments was £129,970 (2020: £60,295). Expenditure was £122,071 (2019: £50,939). This was spent on charitable activities, cost of raising funds, and administration costs of the Charity. Further details can be found in the statement of financial activities on page 6.

Reserves

The policy on reserves is to hold an amount to reflect variances around cash flow, income security and meet on-going liabilities given that funding may come at any time of the year. The Trustees have resolved that the Charity should work towards holding unrestricted reserves equivalent to six months running costs for its long-term sustainability and to ensure they can continue to serve their clients and other beneficiaries.

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

CEO Report

Youth Work

This year we successfully delivered HAF programs during the Easter and Summer holidays for over 100 young people. We also employed a lead youth worker and contracted two part time youth workers, significantly increasing our youth Work resource from the previous year.

Our focus was on reconnection for young people after Covid, rebuilding face to face relationships and helping young people feel confident and secure in this.

Sports, creativity, healthy eating and work experience have been key areas of focus.

Environment

We have focused on three areas around environment and sustainability:
The My Yard allotment which now covers two plots and is preparing to have a large poly tunnel and potting shed placed on the site to allow us to produce more and have more people participating in activities on site.
The Pinner gardening club – a community led initiative with raised beds and weekly sessions.
The Douglas Bader Community garden – a garden area within the estate for the community again with weekly sessions from My Yard and community led projects.

In addition we have had several Badger hide visits, Kew Garden visits and eco workshops during the holidays. These have contributed to our education and community building.

Food Support

This year we continued our COVID support and tried to stabilise our growth in this area. We deliver approximately two tonnes of food per week. During the year we began to rent a warehouse with a walkin cool room at the Blue Check café in Bushey which has helped with the efficiency of the food programme.

The food team have completed training in Manual Handling and Food hygiene. We have established stronger reporting practices from the community we share food with, and clear communication with them around our delivery.

The Gold Group was also established, providing social activities and support to older people. Those in need in Harrow’s Social Sheltered housing are are the beneficiaries of this service and have given fus eedback that this is a service very much valued.

Community building

We have expanded our services to other geographical areas in Harrow with a similar model and delivery to that at Grange Farm. Christmas, Summer and Easter events were held for each group and well received with stronger relationships being build between all stake holders.

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

Impact of COVID

COVID continued to affect our service delivery due to additional measures needed to protect staff and service users. Staff sickness also lowered our resources available. However COVID did not adversely affect our funding and the Charity does not have ongoing concerns relating to COVID restrictions or reductions in funding.

Future Plans

The next year, 2021-22 is focusing on
establishing secure funding streams,
-building our staff team from sessional to an established core team.
Refining our delivery to be efficient and practical now the pandemic has eased. After a year of rapid growth we are working hard to stabilise and review all our delivery areas.

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

This report has been prepared in accordance with the Statement of Recommended Practice (SORP) – Accounting and Reporting by Charities

Approved by the Board of Trustees on 20[th] June 2022 and signed on its behalf by

Sri Sudevi Paula Merrony Trustee Trustee Date 20/6/22 Date 20/6/22

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

Report of the Independent Examiner to the Trustees of Angel Hands Foundation

For the year ended 30 September 2021

We report on the financial statements for the year ended 30 September 2021, set out on pages 6 to 9 which have been prepared on the basis of the accounting policies on pages 10 to 16.

Respective responsibilities of the Trustees and Independent Examiner

The Trustees are responsible for the preparation of the financial statements. It is our responsibility to form an independent opinion, based on our work, on those statements and to report our opinion to you.

Basis of Independent Examiner's Report

An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by these accounts.

Independent Examiners Statement

In connection with our examination, no matter has come to our attention which gives us a reasonable cause to believe that in any material aspects the requirements to keep the accounting records in accordance with the SORP FRS102 and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the SORP have not been met or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Elizabeth Collins 20[th] June 2022

Angel Hands Foundation T/A My Yard

Statement of Financial Activities (Incorporating the income and expenditure account) for the year ended 30[th] September 2021

Notes Incoming resources 3 Donations and fundraising Charitable Activities Total incoming resources Net resources available for Charitable Activities Charitable Expenditure 4 Raising funds Charitable Expenditure Admin & other Expenditure Governance costs Depreciation Resources expended Net incoming/(outgoing resources) Prior year adjustment Net movement in funds Total funds at 1 October 2020 Total funds at 30th Sept 2021	Notes Incoming resources 3 Donations and fundraising Charitable Activities Total incoming resources Net resources available for Charitable Activities Charitable Expenditure 4 Raising funds Charitable Expenditure Admin & other Expenditure Governance costs Depreciation Resources expended Net incoming/(outgoing resources) Prior year adjustment Net movement in funds Total funds at 1 October 2020 Total funds at 30th Sept 2021	2021 2021 2021 2020 General Restricted Total Total Fund Funds £ £ £ £ 11,230 11,230 9,037 38,784 79,955 118,739 51,258 50,015 79.955 129.970 60,295 50,015 79,955 129.970 60,295 456 456 1,024 36,639 70,226 106,905 42,312 8,276 1,097 9,373 5,765 277 277 200 3,830 1,230 5,060 1,638 49,478 72,593 122,071 50,939 537 7,362 7,899 9.536 6,643 (6,643) 7,180 719 7,899 9,536 (5,957) 21,001 15,046

		1,224 21,721 22,945

All amounts relate to continuing activities and there has been no change in the nature of the Charity’s activities in the year.

All recognised gains and losses are included in the statement of financial activities.

The notes on page 11 to 15 form part of these financial statements.

Balance sheet

as at 30th September 2021

Notes Fixed Assets Tangible Assets 6 Depreciation Charge Current Assets Debtors - prepayments and accrued income Cash at bank and in hand Amounts falling due within one year Creditors: 1g,6 Accruals Restricted capital grant Trade Creditors Net Current liabilities Amounts falling due greater than one year Creditors: Restricted capital grant Vehicle Lease Total Assets Less Current Liabilities Accumulated Funds General Fund Restricted Funds 9	2021 £ 47.159 (8,080) 39.080 12,661 12,661 375 2,115 496	2020 £ 16,435 (3,020) 13,415 15,318
		15,318 375 2,588 371
	2,986 9,675 8,710 17,100 22,945 1,244 21,721 22,945	935 11,984 10,352 15,046
		(5,957) 21,001 15,046

Trustees’ statements required by Sections 475 (2) and (3)

For the year ended 30[th] September 2021

In approving these financial statements as trustees of the company we hereby confirm:

For the year ended 30[th] September 2021 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The financial statements have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.

The members have not required the Charity to obtain an audit of its financial statements for the period in question in accordance with section 476 of the Companies Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Signed on behalf of the Board of Trustees by and authorised for issue on 20[th] June 2022

Sri Sudevi Paula Merrony Trustee Trustee

Registered Number 1158800

Statement of Cash Flows	2021	2020
	£	£
Surplus (deficit) from operating activities	7,899	9,355
Depreciation	5.060	1,638
Interest Receivable	0	0
Decrease (Increase) in receivables	0	0
Increase (Decrease ) in payables	(1.989)	12,751
Net Cash Generated from operating activities	10,970	23,744
Investing Activities
Vehicle Lease	17,100	0
Director Loan repaid	0	1,600
Purchase of Fixed Assets	(30,725)	(12,878)
Net Cash inflow and increase in cash	(2,655)	(284)
Cash and cash equivalents at beginning of year	15,318	2,874
Cash and cash equivalents at end of year	12,661	15,318

Angel Hands Foundation T/A My Yard

Notes forming part of the financial statements for the year ended 30 September 2021

1. Accounting policies

Basis of accounting

These financial statements have been prepared under the historical cost convention, and in accordance with applicable United Kingdom accounting standards and in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2015)

The functional currency of Angel Hands Foundation is considered to be pounds sterling because that is the currency of the primary economic environment in which the Charity operates.

Angel Hands Foundation constitutes a public benefit entity as defined by FRS102.

Going concern

These accounts are prepared on the going concern basis. The Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Income

Donations including donations, gifts and legacies are recognised where there is entitlement, the amount can be measured with sufficient reliability, and receipt is probable.

All income is accounted for on an accruals basis.

Expenditure

Expenditure is accounted for on an accruals basis.

Fund accounting

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

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The Trustees currently have no designated funds.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes.

Costs of raising funds

The costs of raising funds consist of fundraising costs relating to payments to a contracted fundraiser and costs of putting on fundraising events.

Fixed Assets

Tangible assets are depreciated as follows:

Motor Vehicles: Straight line over 10 years

Fixtures and Fitting: Straight line over 20 years

Audio -visual Equipment: Straight line over 4 years

Office Equipment: Straight Line over 4 years

Angel Hands Foundation T/A My Yard

Notes forming part of the financial statements (continued) for the year ended 30 September 2021

1. Accounting policies (continued)

Statement of cash flows

Following the implementation of FRS102, a statement of cash flows has been incorporated within the financial statements of Angel Hands Foundation for the year ended 30 September 2021 on page 9.

Financial instruments

Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument.

Financial assets are derecognised when and only when (a) the contractual right to the cash flows from the financial asset expire or are settled, (b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or (c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions and are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Critical accounting judgements and key sources of estimation uncertainty

There are no critical accounting judgments or key sources of estimation uncertainty at the reporting date.

2. Staff costs

The Trustees did not receive any emoluments or reimbursed expenses from the Charity.

No employees in the current and prior periods had emoluments in excess of £60,000.

	2021	2020
	£	£
Wages and Salaries	26,601	2,702
The average number of employees employed by the charity
during the year (FTE) was:	2021	2020
	No.	No
	0.85	0.25

Angel Hands Foundation T/A My Yard

Notes forming part of the financial statements (continued) for the year ended 30 September 2021

Note 3 Detailed Statement of Financial Activities

General Restricted fund Funds 39,084 79.655 10,563 300 9,796 - - 366 - 0 - 50,014 79,955	General Restricted fund Funds 39,084 79.655 10,563 300 9,796 - - 366 - 0 - 50,014 79,955	2020 Total 49.158 420 9.796 531 390
		60,295
General Restricted fund Funds £ - 200 307 - 3,830 1,230 2,096 3.443 2.805 3,417 800 456 1,241 5,527 19,570 1,650 - 864 28 3,634 - 1,891 1,123 54 269 2.000 540 891 1,613 195 26,406 15,682 14,129 574 - 160 1,314 3,049 195 889 49,478 72,593		2019 Total £ 375 457 1.638 2,030 255 624 1,024 2,727 13 144 2.638 1,727 0 1,260 628 2,792 28,499 0 3.103 645 450
		50,939
536	7,362	9,356

Angel Hands Foundation T/A My Yard

Notes forming part of the financial statements (continued) for the year ended 30 September 2021

Note 5 Accountants Fees Independent Examiners Fees Note 6 Tangible fixed assets Fixed assets Cost @ 1/10/20 Additions Cost @ 30/9/21 Depreciation c/f 1/10/20 Depreciation 2020-21 Depreciation b/f 30/9/20 Net Book Value @ 30/9/21	2021 2020 200 375 200 375 Fixtures Vehicles Audio Office Equip Total 2,786 10,375 1,120 2,154 16,435 4,307 24,522 1,896 30,725 7,093 34,897 1,120 4.050 47,160 - (1,950) (271) (398) (401) (3,020) (412) (3,490) (280) - (878) (5,060) (2,362) (3,761) (678) (1,279) (8,080)
	4,731 31,136 442 2,771 39.080

Note 7 Creditors: amounts falling due within one year Trade Creditors Accountancy yr end HMRC/Pension Restricted capital grant Accruals	2021 £ (831) 200 1,527 2,115 0 2,986	2020 £ 0 375 2,558 371
		3,334

Note 8 Other debtors

There are no trade debtors.

Angel Hands Foundation T/A My Yard

Notes forming part of the financial statements (continued) for the year ended 30 September 2021

Note 9: Analysis of movement on Restricted Funds

Charitable activities Food Share Jack Petchley Holiday Clubs London Sport Girls unite/Sported Streetgames WRAP Bushey allotment COVID response/Lottery John Lyons Fund Groundworks Met Police Youth Work Harrow HYC Fund	2021 2021 2021 2021 2020 2020 2020 Income Expenditure transfers At Income Expenditure At 30/9/21 30/9/20 £ £ £ £ £ £ £ 0 0 3,573 0 6,768 6,768 3,573 2,306 3,811 1,505 2,306 31,219 31,547 (328) 2,660 2,660 0 1,538 1,538 0 1,000 0 6,000 5,000 1,000 0 2,520 2,520 0 1,327 3,913 (286) 0 2,571 271 2,300 1,822 0 2,100 2100 1,822 0 10,098 (98) 0 10,000 10,000 22,000 14,592 7,408 451 1,567 (1c346) 0 7,658 4,371 3,287 17,000 6,275 10,725 300 300 0
	79,955 71,755 20,500 37,968 20,540 12,300

Charitable activities
Food Share
Jack Petchley
Holiday Clubs
London Sport
Girls unite/Sported
Streetgames
WRAP
Bushey allotment
COVID
response/Lottery
John Lyons Fund
Groundworks
Met Police
Youth Work Harrow
HYC Fund

2021
2021
2021
2021
2020
2020
2020
Income
Expenditure
transfers At
Income
Expenditure At
30/9/21
30/9/20
£
£
£
£
£
£
£
0
0
3,573
0
6,768
6,768
3,573
2,306
3,811
1,505
2,306
31,219
31,547
(328)
2,660
2,660
0
1,538
1,538
0
1,000
0
6,000
5,000
1,000
0
2,520
2,520
0
1,327
3,913
(286)
0
2,571
271
2,300
1,822
0
2,100
2100
1,822
0
10,098
(98)
0
10,000
10,000
22,000
14,592
7,408
451
1,567
(1c346)
0
7,658
4,371
3,287
17,000
6,275
10,725
300
300
0

79,955
71,755
20,500
37,968
20,540
12,300