## **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|
|**R**egistered office :||
||60 Sparrows Herne|
||Bushey|
||Hertfordshire|
||WD23 1FY|
|Independent Examiner|Elizabeth Collins|
||Percent ABV Ltd|
||10 Fidler Place|
||Bushey|
||Herts|
||WD23 4UF|
_1_
## **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**|
_2_
## **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.
_3_
## **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.
_4_
## **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.
_5_
## **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
_6_
## **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**
_7_
## **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.
_8_
## **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**|
9
## **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**
10
|**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**|
11
## **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
12
## **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|
13
## **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**
|**Grants and donations**
Grants
Donations
Crowdfunder
**Other Income**
Harrow Lottery
Events/Fundraising
**Total incoming resources**
**4. Resources expended**
Accountancy
Computer Expenses
Depreciation
Food & Drink
Gardening
Insurance
Marketing/Fund raising
Materials & Activity costs
Mentoring
Office/Admin Expenses
Phone expenses
Professional Services
Recruitment
Rent/Lease
Repairs/small items equip
Salaries and wages
Sessional Fees
Training
Travel and Subsistence
Vehicle Running costs
Volunteer costs
**Total resources expended**
**Net movement in funds**|**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**|**General Restricted**
**fund**
**Funds**
39,084
79.655
10,563 300
9,796
-
-
366
-
0
-
**50,014**
**79,955**|**2021**
**Total**
**118,740**
**10,863**
**-**
**366**
**127,569**
**2020**
**Total**
**£**
**200**
**307**
**5.060**
**5,539**
**2,805**
**4.217**
**1,697**
**25,096**
**1,650**
**892**
**3,634**
**3,014**
**323**
**2,540**
**2,504**
**26,601**
**29,811**
**574**
**1,474**
**3,049**
**1,084**
**122,071**
**7,898**||**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**|
||||||||
14
## **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.
15
## **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**|
16