THE
O RIPPLE
POND
YOUR
FORCES
FAMILY
NETWORK
TRUSTEES,
ANNUAL
REPORT
1 April 2020 31 March 2021
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**Reference and Administration Details**
|Charity Name|**_The Ripple Pond_**|||
|---|---|---|---|
|Registered Charity Number|1161224|||
|Other Registration|_The Ripple Pond_is also a charity registered||in Scotland (SC046402)|
|Registered Office|99 Western Road, Lewes,|BN7 1RS||
|HMRC Matters|_The Ripple Pond_is registered with HMRC (predominantly for its National|||
||Insurance contributions and PAYE) but also for Gift Aid.|||
|Trustees|Name|Office|Dates acted if not for the|
||||whole year|
||Jennifer Hornby|Chair||
||Jessica Cheesman|||
||Emma Couper|||
||Simon Broomfield|||
||Jackie Watts|||
||Jessica Arnold||From 25-11-2020|
||Stephen Peckham|Treasurer|19-08-2020 to 04-02-2021|
|Bank|Santander Bank|||
||Bootle|||
||Merseyside|||
||L30 4GB|||
|Independent Examiner|Caroline Clarke ACA|||
||99 Western Road|||
||Lewes|||
||BN7 1RS|||
|Name of Chief Executive|Rodger Cartwright|||
1
**Structure, Governance and Management**
Date of CIO Registration 9 April 2015
Governing Document Constitution adopted 7 March 2016
Form of Charity Constitution Charitable Incorporated Organisation (CIO)
Trustee Selection Methods New Trustees are selected and appointed by existing Trustees in accordance with the procedures outlined in the Constitution.
Trustee Induction
New Trustees are briefed on their legal obligations as Trustees, the Charity’s constitution, the financial situation, and the current strategic plan. All new Trustees meet with the charity’s staff. This year due to the impact of the Covid-19 Pandemic this has been achieved through video conferencing.
Trustee Numbers A minimum of three, with no maximum.
Meetings of Trustees
The Constitution provides for the Board of Trustees to meet at the request of any individual Trustee or at other times they so decide. In the period covered by this report, the Board of Trustees convened on five occasions, for board meetings.
Operational Management
Day-to-day management of the charity is conducted by the Chief Executive (known for historical reasons within the charity as its ‘Director’). The Chief Executive reports regularly to the Board of Trustees and acts as the Secretary to their meetings.
Finance Sub-Committee
- A Finance Sub Committee chaired by the Treasurer (or the Chair in the Treasurer’s absence) and is attended by the Chair and the Chief Executive.
Risk Management
The charity has a documented risk management policy, and the Board of Trustees has delegated day-to-day management of risks to the Chief
2
Executive. The policy is reviewed annually to ensure it remains relevant to the charity’s operations and compliant with any statutory requirements.
A review of key risks facing the charity is conducted at each formal meeting of the Board of Trustees, and more regularly as required. Risks evaluated to be _Extreme_ or _High_ must be referred to the Board of Trustees at the earliest practicable opportunity. Details of key risks facing the charity are described later in this report.
The Workforce
In response to the Covid-19 Pandemic, in April 2020 the staff moved from office to home working. This was initially a temporary arrangement but was made permanent at the end of 2020.
Resourcing was also reviewed, leading to a reduction of the charity’s staff from six, to five part-time posts. The post lost was that of Head Office Manager.
The Chief Executive, until 30 April 2020 was Nigel Bedford, a consultant engaged by the charity from Blackmore Hutt Ltd.
Rodger Cartwright was appointed as his replacement, as an employee on 15 June 2020.
The staff are supported by volunteers these include Group Administrators (GAs), and 1-to-1 Support Volunteers, (Contact Buddies, and Mentors.) The GAs support staff in organising and running group meetings and the 1-to-1 Support Volunteers provide more intensive support for our beneficiaries (more usually known within the charity as ‘Members’) who are facing significant challenges.
The contribution of these volunteers to the overall success of _The Ripple Pond_ is significant.
Additional Governance Issues Due to the nature of the issues facing many of our Members, there is a risk that providing support can take its toll on our staff and volunteers. The charity provides a supervision framework process that supports wellbeing and develops the knowledge, skills, and resilience of our workforce.
3
The CIO’s Objects
From the charity’s constitution:
The objects of the charity are to relieve the need, suffering and distress of the families, partners, relatives and other dependants of members and former members of the British Armed Forces (“Beneficiaries”) in particular by:
- enabling Beneficiaries to meet each other to provide reassurance and comfort to one another;
- providing an opportunity for Beneficiaries to share coping strategies; and
- encouraging self-motivation amongst Beneficiaries for recovery from secondary trauma
Beneficiaries must be at least eighteen years of age.
In overseeing the operations of the charity, the Trustees continue to have regard to the Charity Commission’s guidance on public benefit. All too often society overlooks the loved ones of wounded, injured and sick members (and former members) of HM Forces, so they often remain unheard, unsupported and unseen.
_The Ripple Pond_ provides these loved ones with a safe space where they are heard and understood. The charity enables them to offload their feelings, share and exchange ideas that have helped them, and gather information about how to live with their ‘new’ normality.
Examples of the public benefit delivered are outlined in the section on the main achievements below.
The charity remains unique in providing these services across the UK.
Rebranding
On 5 of November 2020 Prompted by feedback received from our Members, _The Ripple Pond_ launched a new and modern brand to reflect how the charity is evolving. The charity has a new logo, font, and colour scheme. The new logo represents the identity of the charity, featuring the ‘ripple’ being cradled and supported – highlighting the peer support Members offer to each other.
This coincided with a new website with greater functionality, allowing it to become an information hub and resource for the charity.
4
Main Activities Undertaken
_The Ripple Pond’s_ service users are known as a beneficiary, although on a day-to-day basis they are referred to as “Members”. The use of this title is in response to feedback received from our beneficiaries.
For the purposes of this report, however, the term member is only used to refer to the ‘Members’ as defined in the Constitution (which refers to the charity’s Trustees).
There is no financial cost to access the charity’s services which are coproduced with our beneficiaries.
The key strength of _The Ripple Pond_ is that it is a charity that listens to those it supports, ensuring that it understands their needs in a changing environment and works with them to produce appropriate services. This ensured that the charity is appropriately responsive and agile to meet the impact of the Covid-19 Pandemic.
_The Ripple Pond’s_ beneficiaries consistently report feelings of isolation, poor mental health, and a lack of resilience. The Covid-19 Pandemic deeply impacted beneficiaries and lockdown, fear of infection and financial concerns all amplified those areas of concern.
82% of beneficiaries reported feeling lonely or isolated. 83% said that Covid-19 had made their isolation worse and 77% felt disconnected from their local community, with many describing how traditional support networks had been stripped away.
The impact of the virus also had a knock-on effect on NHS waiting times around a range of health services, causing significant fear and anxiety amongst some beneficiaries. The charity’s 1-to-1 support provided by volunteers has been particularly effective in forming a “Bridge of Support” for beneficiaries waiting for clinical support, such as NHS mental health services.
_The Ripple Pond’s_ services had been centred around a model of beneficiaries physically meeting in small groups to provide each other with support. Overnight Lockdown precluded this means of service delivery.
In response, _The Ripple Pond_ embraced technology and found the use of video conferencing significantly increased the charity’s reach, capacity, and impact.
5
Above all, it has increased the ability to connect beneficiaries with one another and to tackle loneliness and isolation.
_The Ripple Pond_ has also made greater use of social media platforms to build safe online communities, which again proved extremely effective at helping to tackle the increased isolation being experienced by beneficiaries throughout the pandemic.
The charity is now actively supporting beneficiaries not only in the UK but globally through both group work and specialist 1-to-1 support for those who are more vulnerable and facing greater personal challenges.
_The Ripple Pond_ has also been receiving referrals of family members directly from the London HIS (Veterans High-Intensity Service) Project which is managed by Camden and Islington NHS Foundation Trust.
Services delivered by _The Ripple Pond_ :
- 1-to-1 Support – Mentors and Contact Buddies. Mentors provide a bespoke intensive 1-to-1 contact that focuses on encouraging personal problem-solving. Contact Buddies are a more light-touch resource aimed at keeping more vulnerable or isolated beneficiaries connected.
- Online Information Events - subject matter experts sharing practical advice in the form of talks, or more informal “fireside chats”. Subjects covered have included – living with lockdown, living with PTSD, the support provided by other charities and “behind the smiles” life as a mother and carer.
- Online guided meditation/relaxation.
- Online peer-to-peer group support meetings.
- Outdoor activities and meetings (when permitted).
- Indoor peer-to-peer group support meetings (when permitted).
- Social Media – WhatsApp groups and a Facebook Chat Forum providing a 24/7 community of support.
- Website – a new website that now has the functionality to act as a source of information, including videos of information events.
6
- Other social media - national Twitter, Facebook, LinkedIn and Instagram. Benchmarked against industry targets, the charity’s social media engagement is consistently excellent.
- Signposting Member’s to other organisations that can provide assistance.
Grant Making
Contribution by Volunteers
The Constitution of the charity does not provide for grant-making activities and grants can therefore not be made.
Volunteers are essential to the delivery of _The Ripple Pond’s_ services.
Every beneficiary is, in essence, a volunteer because by joining _The Ripple Pond_ , they undertake to provide support to others as and when they can.
As previously stated, the charity also has specifically trained volunteer Group Administrators, Contact Buddies and Mentors.
These volunteers are drawn from our beneficiaries or have lived or professional experience that helps them to understand and empathise with service users.
The journey from beneficiary to volunteer also creates a development pathway that supports them to develop their confidence, skills and knowledge.
Our volunteers all receive specialist training in a range of areas including listening skills, safeguarding, and GDPR.
7
**Achievements and Performance**
Main Achievements
_The Ripple Pond_ continues to achieve positive outcomes for beneficiaries by helping them to tackle isolation and to become more resilient and empowered. This will be a different experience for each beneficiary but will often involve being able to;
- believe in themselves and having the self-confidence to believe in their abilities to manage stress;
- come to realization that they are not alone;
- seek support, ask for help and to create a supportive network;
- find purpose and look to the future;
- be flexible, adapt to change and problem solve; and
- manage their own health and not neglect their own physical and psychological needs whilst caring for a loved one.
In practice when a beneficiary’s circumstances have improved as a result of their membership of _The Ripple Pond_ , success will often mean that they will move on from the charity. It may also mean that they stay with _The Ripple Pond_ and share their experiences with other beneficiaries, either as a peer-support participant, or volunteer.
We also recognise that individual journeys are not always linear, for example, a beneficiary may leave _The Ripple Pond_ , then return at a later date if their personal circumstances change.
The charity has increased its collaborative work with individuals and organisations. This has included subject matter experts helping beneficiaries increase their understanding of available services, mental illness, guided online meditation sessions, and establishing referral pathways directly from NHS providers including the London NHS HIS (Veterans’ High-Intensity Service managed by Camden and Islington NHS Foundation Trust).
This has been supported by our internal communications which consistently updates Members about existing and new services provided both by the charity and other providers.
8
The charity’s staff moved from the office, to work from home and also made full use of video conferencing. This ensured that there was no disruption, or reduction in service during this time.
Throughout the reporting period, beneficiary numbers rose by 14% and at the end of the reporting year stood at 743, spread across both the UK and abroad.
98% of beneficiaries report that _The Ripple Pond_ is meeting their needs and 48% report that their needs are being met “a great deal or a lot”.
In the January/February 2021 Members’ Survey beneficiaries reported:
- Feeling less isolated – 51%
- Feeling more empowered – 43%
- Feeling more listened to – 63%
- Feeling more supported – 42%
- Improved mental health/wellbeing – 15%
- Improved physical health – 52%.
The year has seen _The Ripple Pond_ step up to the challenge of the Covid-19 Pandemic. Without increasing resources, full use was made of technology to ensure services were expanded and diversified to meet the increased need of beneficiaries.
We remain an agile, resilient and forward-looking charity.
Principal Risks
The charity has a ‘live’ risk register developed in line with the Charity Commission document CC26 ( _Charities and risk management_ ) and ISO 31000:2018 ( _Risk Management Guidelines)._
Two principal risks have been identified and appropriate strategies put in place to mitigate the risk to the charity:
9
• Loss of major funding line. _The Ripple Pond_ is currently reliant on a small number of benefactors/funders to provide most of the funds required to maintain operations. The risk is the loss of one or more of these grants and thus jeopardising the charity’s ability to deliver its services for the public benefit. So far, the charity has not experienced any impact on its fundraising as a result of the Covid-19 pandemic, although it recognises that this risk exists and will need to be managed. As a result, management and Trustees are looking to diversify the charity’s income streams.
- Emotional health. Staff and volunteers regularly interact with the charity’s beneficiaries, who may be distressed, and at times even traumatised. There is a risk that such exposure may impact their health and wellbeing which may subsequently adversely impact operational delivery. The charity has produced a Wellbeing & Supervision Framework that provides a structured process that supports, assures, and develops the knowledge, skills, and resilience of _The Ripple Pond’s_ workforce.
10
**Financial Review**
Financial Position
Policy on Reserves
The Trustees confirm that the financial position as set out in the accounts provided below (and which have been reviewed by an Independent Examiner) are accurate.
The Trustees have determined that the development and maintenance of financial reserves are not yet appropriate, especially given that a significant proportion of the charity’s funding is ‘restricted’. This policy is subject to annual review.
However, the charity has sufficient unrestricted funds at its disposal to support continued operations for around six months and the Trustees consider this to be a satisfactory buffer against any short-term shortfalls in securing further funding.
CIO as a Going Concern
Investment Policy
The Trustees have concluded, based on forecasts, that the charity has adequate resources to continue to meet its objectives and deliver its activities for the public benefit for the foreseeable future. Accordingly, in preparing the annual report and financial statements, the Trustees consider that the charity remains a going concern.
The charity has not, to date, had funds sufficiently in excess of those needed to meet normal running costs to consider making material financial investments. If the situation in future provides such opportunities, the Trustees would first consider its investment policy and any objectives it would set.
11
Sources of Funding
The principal source of funding has been through grants from trusts and foundations, with donations from individuals forming the majority of the balance of income received.
_The Ripple Pond_ wishes to acknowledge the financial contribution of our funders during the reporting period, without which it is difficult to envisage how the charity could operate effectively.
The charity would like to draw particular attention to the following donations, trusts and foundations:
|donations, trusts and foundations:||
|---|---|
|ABF The Soldier’s Charity|£20,000|
|Armed Forces Covenant Fund Trust|£28,000|
|LIBOR **|£28,387|
|RAF Benevolent Fund**
|£2,500|
|Royal Navy and Royal Marine Charity**|£7,500|
|Veterans Foundation**|£29,008|
|Lloyds Patriotic Fund**|£10,000|
|Sun Readers|£3,500|
|Camden & Islington NHS Foundation Trust|£10,000|
(Note that those annotated ** above have also provided support in previous years)
Looking Ahead
In the year to come, _The Ripple Pond_ will renew its strategy to ensure it continues to meet the needs of those it is our mission to support. It will do this by ensuring that it is:
- Being inclusive and accessible;
- Optimising the available resources including the greater use of volunteers;
- Ensuring that the charity’s strategy is informed by service users and other stakeholders;
- Ensuring that the charity remains agile and resilient in the face of both social and financial challenges;
- Embracing the opportunities presented by technology and new ways of working and;
- Ensuring that there are demonstrable positive outcomes for beneficiaries.
12
**Declarations**
The Trustees of _The Ripple Pond_ declare that they have approved the Trustees’ Report above.
Signed on behalf of _The Ripple Pond_ ’s Trustees:
Signature Full name Jennifer Hornby Position Chair of the Board of Trustees Date 22 November 2021
13
**Independent Examiners Report to the Trustees of The Ripple Pond**
## **The Ripple Pond**
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act'), the Charities and Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 ('the 2011 Act'). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination.
I report in respect of my examination of the Charity’s accounts as carried out under section 44 (1)(c) of the 2005 Act and section 145 of the 2011 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiners statement**
Since the Charity has prepared its accounts on an accruals basis and is also registered in Scotland, your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I confirm that I am qualified to undertake the examination by virtue of my membership of ICAEW , which is one of the listed bodies.
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 Charity as required by section 44(1)(a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Caroline Clarke ACA 99 Western Road Lewes East Sussex BN7 1RS
14
**THE RIPPLE POND**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
Restricted Unrestricted Total Total
2021 2021 2021 2020
£ £ £ £
Incoming Resources
Grants 96,394 52,501 148,895 113,976
Donations - 5,747 5,747 5,180
Other income - 85 85 -
96,394 58,333 154,727 119,156
Resources Expended
Travel and Expenses 39 86 125 6,439
Office 3,726 16,389 20,1145 16,530
Personnel 84,564 16,019 100,583 99,211
- -
Adjustments
88,329 32,494 120,823 122,180
Net incoming resources and net movement in
funds 8,065 25,839 33,904 (3,024)
Reconciliation of Funds
Total Funds brought forward 4,184 42,533 46,717 49,741
Total Funds carried forward 12,249 68,372 80,621 46,717
**----- End of picture text -----**
15
**THE RIPPLE POND**
## **STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2020**
**----- Start of picture text -----**
Restricted Unrestricted Total
2020 2020 2020
£ £ £
Incoming Resources
Grants 68,308 45,668 113,976
Donations - 5,180 5,180
68,308 50,848 119,156
Resources Expended
Travel and Expenses 1,065 5,374 6,439
Office 5,439 11,091 16,530
Personnel 61,923 37,288 99,211
68,427 53,753 122,180
Net incoming resources and net movement in funds (119) (2,905) (3,024)
Reconciliation of Funds
Total Funds brought forward 4,303 45,438 49,741
Total Funds carried forward 4,184 42,533 46,717
**----- End of picture text -----**
16
**THE RIPPLE POND**
## **BALANCE SHEET 31 MARCH 2021**
|**THE RIPPLE POND**
**BALANCE SHEET**
**31 MARCH 2021**|||||
|---|---|---|---|---|
||Restricted|Unrestricte|Total|
Total|
||2021|d 2021|2021|2020|
||£|£|£|£|
|**Fixed Assets**|||||
|Tangible fixed assets|-|347|347|-|
|**Current Assets**|||||
|Prepayments|-|980|980|460|
|Debtors|-|240|240|240|
|Cash at bank and in hand|12,249|69,979|82,228|57,540|
|Investments|||||
|Total current assets|12,249|71,199|83,448|58,240|
|**Current Liabilities**|||||
|Other creditors|-|-|-|(1,523)|
|Accrued income|-|(3,174)|(3,174)|(10,000)|
|Total current liabilities|-|(3,174)|(3,174)|(11,523)|
|**Total Assets less Current Liabilities**|12,249|68,372|80,621|46,717|
|**Funds**|||||
|Unrestricted funds|-|68,372|68,372|42,533|
|Restricted funds:|12,249|-|12,249|4,184|
||12,249|68,372|80,621|46,717|
The notes on pages 17 to 20 form part of these financial statements These financial statements of The Ripple Pond (Charity Registration No. 1161224) were approved by the Trustees and authorized for issue on 22/11/2021.
Signed on their behalf by:
## **Jennifer Hornby – Chair of the Board of Trustees**
17
## **THE RIPPLE POND**
## **BALANCE SHEET COMPARATIVE INFORMATION FOR 31 MARCH 2020**
**----- Start of picture text -----**
Restricted Unrestricted Total
2020 2020 2020
£ £ £
Fixed Assets - - -
Tangible fixed assets
Current Assets
Prepayments - 460 460
Debtors - 240 240
Cash at bank and in hand 4,184 53,356 57,540
Investments
Total current assets 4,184 54,056 58,240
Current Liabilities
Other creditors - (1,523) (1,523)
Accrued income - (10,000) (10,000)
Total current liabilities - (11,523) (11,523)
Total Assets less Current Liabilities 4,184 42,533 46,717
Funds
Unrestricted funds:
- 42,533 42,533
Restricted funds: 4,184 - 4,184
4,184 42,533 46,717
**----- End of picture text -----**
18
## **THE RIPPLE POND**
## **NOTES TO FINANCIAL STATEMENTS**
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
## **Going concern**
The Charity’s activities, together with the factors likely to affect its future performance and position are set out in the Trustees’ Report on pages 2 to 12. The report describes the structure, governance and management of the Charity; its risk management policies and procedures; its objectives and activities; the achievements, performance and financial position of the Charity; and its plans for the future.
After making enquiries, the Trustees have a reasonable expectation based on forecasts that the Charity has adequate resources to continue its objectives and activities for the public benefit for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.
## **Funds structure**
Unrestricted funds can be used at the discretion of the Trustees to further the Charity’s general objects.
Restricted funds can be used for particular restricted purposes within the objectives of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted circumstances.
## **Incoming resources**
All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.
## **Outgoing resources**
Liabilities are recognised and resources are recognised as expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category.
## **Irrecoverable VAT**
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **Allocation of overhead and governance costs**
Governance costs comprise those related to the public accountability of the charity and its compliance with regulation and good practice. These are set out in Note 3.
## **Cash flow statement**
The Charity is exempt under Financial Reporting Standard No 1 (revised 1996) and has not prepared a cash flow statement.
19
**2 TAXATIONS**
No provision is necessary for either Income Tax or Corporation Tax, the Charity being exempt (as a Registered Charity) provided its income is disbursed on its charitable activities.
The Charity is not registered for VAT. Therefore, there is some irrecoverable VAT incurred.
## **3. DONATIONS AND GRANTS RECEIVED**
|**NATIONS AND GRANTS RECEIVED**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|**Unrestricted:**|||
|Donations|5,747|5,180|
|Grants|52,501|45,668|
|**Restricted:**|||
|Grants|96,394|68,308|
||154,642|119,156|
|**ALYSIS OF CHARITABLE GRANTS**|||
||**2021**|**2020**|
||**£**|**£**|
|**Unrestricted:**|||
|Lloyds Patriotic Fund|10,000|-|
|RAF Benevolent Fund|2,501|-|
|The Veterans Foundation|20,000|21,000|
|ABF|20,000|-|
|Annington Management Limited|-|5,000|
|The Grocers Charity Award|-|5,000|
|The RN&RMC and Greenwich Hospital|-|4,668|
|Walking with the Wounded|-|10,000|
|**Restricted:**|||
|Royal Navy and Royal Marine Charity|7,500|-|
|Camden & Islington NHS Foundation Trust|10,000|-|
|Lloyd’s Patriotic Fund|10,000|-|
|The Sun Readers|3,500|-|
|LIBOR|28,387|33,326|
|Armed Forces Covenant Fund Trust|28,000|24,598|
|The Veterans Foundation|9,007|9,008|
|RAF Benevolent Fund|-|1,376|
||148,895|113,976|
## **4. ANALYSIS OF CHARITABLE GRANTS**
20
**5. SUPPORT COSTS**
|**COSTS**||||
|---|---|---|---|
|||**2021**|**2020**|
|||**£**|**£**|
|Independent Examiner’s||624|420|
|fee||||
|Legal fees||426|924|
|Office costs||19,064|15,186|
|Staff costs:|Salaries and wages|78,592|63,096|
||Social security costs|17,008|6,504|
||Pension costs|3,734|2,630|
||Training costs|1,250|268|
||Safeguarding costs|-|2,085|
||Consultancy fees|-|24,628|
|||120,698|115,741|
The average headcount in the year to 31 March 2020 was five (2020: five)
The amount of pension contributions recognised in the year was £3,733 (2020: £2,630). All pension contributions were made to the Nest Pension Scheme.
## **6. TRUSTEES REMUNERATION:**
None of the trustees received any remuneration for their services (2019: £nil). Expenses of £86 were paid to trustees (2019: £86).
## **7. CREDITORS:**
|**CREDITORS:**||
|---|---|
|**Amounts falling due within one year**
Grant – The Lloyds Patriotic Fund
Other Creditors|**2021**
**£**
**2020**
**£**
-
3,174
10,000
1,523|
||3,174
11,523|
The above amounts include Grants received in advance of the period to which they apply.
## **8. CASH AT BANK AND IN HAND**
|**BANK AND IN HAND**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Santander Bank|82,228|57,540|
||57,540|57,540|
21
## **9. ANALYSIS OF FUNDS**
||**Unrestricted**|**Restricted**||
|---|---|---|---|
||**Funds**|**Funds**|**Total**|
||**£**|**£**|**£**|
|Balance at 1 April 2019|45,438|4,303|49,741|
|Incoming resources for the year|50,848|68,308|119,156|
|Outgoing resources for the year|(53,753)|(68,427)|(122,180)|
|Balance at 31 March 2020|42,533|4,184|46,717|
|Balance at 1 April 2020|42,533|4,184|46,717|
|Incoming resources for the year|58,333|96,394|154,727|
|Outgoing resources for the year|(32,494)|(88,329)|(120,823)|
|Balance at 31 March 2021|68,372|12,249|80,621|
22