Charity registration number: 1162172
SEE AROUND BRITAIN
REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
DN Accounting Solutions
Maesteg Drefach Felindre Llandysul Carmarthenshire SA44 5UY
SEE AROUND BRITAIN
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees Report | 2 – 4 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to Financial Statements | 8 - 11 |
SEE AROUND BRITAIN REFERENCE AND ADMINISTRATIVE DETAILS
| Charity name | See Around Britain |
|---|---|
| Charity registration number | 1162172 |
| Registered office | Foel Fawr |
| Blaenycoed Road | |
| Carmarthen | |
| SA33 6EH | |
| Trustees | Marg McNiel |
| Vin West | |
| Trevor Palmer | |
| Bankers | The Cooperative Bank plc |
| PO BOX 250 | |
| Skelmersdale | |
| WN8 6WT | |
| Solicitors | Ellis-Fermor & Negus |
| 5 Market Place | |
| Ripley | |
| DE5 3BS | |
| Accountants | DN Accounting Solutions |
| Maesteg | |
| Drefach Felindre | |
| Llandysul | |
| SA44 5UY |
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SEE AROUND BRITAIN REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021
The trustees have pleasure in presenting their report and the audited financial statements of the charity for the year ended 30 June 2021.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
See Around Britain is constituted as a registered charity and charitable incorporated organisation, registered on 12 June 2015. The charity’s registration number is 1162172.
Recruitment of Trustees
Under the Deed of Trust, a trustee is appointed by the Founder based on his knowledge of their character, experience and skills that they can bring to the particular approach of this charity, particularly amongst socially excluded groups such as disabled people and older people.
The current trustees, who are in their 60s, have worked in this field for several decades with other charities and not-for-profit groups, and had prior knowledge of this charity’s work and had strongly lobbied for it before being appointed.
Organisation
The trust is governed by a board of trustees, which is responsible for setting the strategic direction of the charity and for establishing policy. The board of trustees meets regularly and delegates the day to day operation of the charity to the Founder.
Risk assessment
The major risks to which the charity is exposed have been reviewed and systems have been established to mitigate those risks.
OBJECTIVES AND ACTIVITIES
The objects of the charity, as contained in the Declaration of Trust, are:
Promoting social inclusion for the public benefit by preventing people from becoming socially excluded by reason of age, disability, financial status, ethnic or cultural background; relieving the needs of those people who are socially excluded and assisting them to integrate into society in particular by:
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Providing a photographic reference library of accessibility of places of historical, cultural, social welfare and scenic interest across the British Isles
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Providing advice and assistance to enable people to visit places of historical, cultural, social welfare and scenic interest and so obtain a better understanding of and sense of inclusion within the history and culture of the British Isles
Public benefit
We have referred to the guidance contained in the Charity Commissions’ general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
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SEE AROUND BRITAIN REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021
ACHIEVEMENTS AND PERFORMANCE
In June 2015 See Around Britain was registered as a Charitable Incorporated Organisation to provide limited liability when its website went public. On 1 August 2016, after extensive preparatory work, the See Around Britain website and web apps went live and public. As of the end of June 2021, to which these accounts cover, over 25,000 venues had been described and uploaded to the website, and new features are being progressively added to it for the benefit of its end users. Social media is being used to promote the website.
Meanwhile See Around Britain's sister charity, the unincorporated Underdog Trust is continuing its community education remit and aim so that funding, resources and sponsorship can be attracted to provide a permanent base for both charities, where extensive archive collections can be displayed to attract sustainable long-term revenue as an important community, educational, social and tourist attraction.
FINANCIAL REVIEW FOR THE YEAR
For the year ended 30 June 2021 the charity made an unrestricted defecit of £19,418. Through its sister charity, the Underdog Trust, 2015 was spent consolidating the setting up the new headquarters in Wales and recruiting the services of computer systems designers, web designers and researchers to assist in the digital cataloguing and descriptions of the many survey photographs, working towards further developing the new website to create web apps for use on mobile phone platforms. This work has carried on through the years and continues in 2021.
PLANS FOR FUTURE PERIODS
On 12 June 2015 See Around Britain was set up as a Charitable Incorporated Organisation (charity number 1162172).
The new organisation will benefit exactly the same beneficiaries as the Underdog Trust, namely those who struggle to access educational, recreational and leisure facilities for one reason or another typically by reason of disability and with the same aim, notably improving their social welfare/social inclusion.
Now the same service can be provided by a suitable website which can be accessed more easily by far more people rather than via a physical community education centre when its permanent base is obtained. However a permanent base will also assist both charities to have much easier access to the very extensive archives, many of which are currently in storage, that complement its work.
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SEE AROUND BRITAIN REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021
RESPONSIBILITIES OF THE BOARD OF TRUSTEES
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the Board of Trustees on 14 October 2021 and signed on behalf of the Board
.......................................
Mr Marg McNeil - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEE AROUND BRITAIN
Independent examiner's report to the trustees of See Around Britain ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Deborah Needham ACA DN Accounting Solutions, Maesteg Drefach Felindre Llandysul SA44 5UY
31 August 2021
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SEE AROUND BRITAIN STATEMENT OF FINANCIAL ACTIVITIES (Incorporating the INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2021
| Note Unrestricted funds £ Incoming resources Incoming resources from generated funds Investment income 7,781 Other incoming resources 2 - Total incoming resources 7,781 Resources expended Charitable activities 3 26,444 Governance costs 4 755 Total resources expended 27,199 Net movement in funds 7 (19,418) Reconciliation of Funds Total funds brought forward 7 84,833 Total funds carried forward 7/8 65,415 |
Restricted funds £ - - - - - - - 425,000 425,000 |
Total funds 2021 £ 7,781 - 7,781 26,444 755 27,199 (19,418) 509,833 490,415 |
Total funds 2020 £ 938 514,399 |
|---|---|---|---|
| 515,337 | |||
| 8,510 395 |
|||
| 8,905 | |||
| 506,432 3,401 |
|||
| 509,833 |
There are no recognised gains and losses for the current or prior financial year other than as stated in the Statement of Financial Activities and, accordingly, no separate total of recognised gains and losses is presented.
The notes on pages 7 to 10 form part of the financial statements
6
SEE AROUND BRITAIN BALANCE SHEET AS AT 30 JUNE 2021
| Note Fixed assets: Tangible assets Current assets: Debtors Cash at bank and in hand Liabilities: Creditors: Amounts falling due within one year 6 Net current assets Net assets The funds of the charity: 7/8 |
2021 £ £ £ Unrestricted funds Restricted funds Total funds - - - - - 66,296 425,000 491,296 66.296 425,000 491.296 (881) - (881) (881) - (881) 65,415 425,000 490,415 65,415 425,000 490,415 65,415 425,000 490,415 65,415 425,000 490,415 |
2020 £ - 510,714 |
|
|---|---|---|---|
| 510,714 (881) |
|||
| (881) 509,833 |
|||
| 509,833 | |||
| 509,833 | |||
| 509,833 |
These financial statements were approved by the Board of Directors/Trustees on 14 October 2021
....................................... Trustee Mr Marg McNeil
The notes on pages 7 to 10 form part of the financial statements
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SEE AROUND BRITAIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice “Accounting and Reporting by Charities” issued in March 2005 (SORP 2005) and the Companies Act 2006, and in accordance with the financial Reporting Standard for Smaller Entities (effective April 2008).
Cash flow
The charity has taken advantage of the exemption from preparing a cash flow statement under the terms of FRS 1 Cash Flow Statements.
Incoming resources
All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Investment income is accounted for when it is received.
Grants receivable
Revenue grants received are included in the statement of financial activities in the same period as the expenditure to which they relate.
Capital grants are credited to restricted funds on a received basis and released to the income and expenditure account over the remaining lives of the assets to which they relate.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These costs include the costs of governance arrangements. These include such items as independent examination, legal advice for trustees and costs associated with constitutional and statutory requirements.
Netting Off of income and expenditure
Income and expenditure are stated gross.
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SEE AROUND BRITAIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
1. ACCOUNTING POLICIES (continued)
Fund accounting
Unrestricted funds are funds which are available for use at the discretion of the charity’s members in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Operating leases
Payments made in respect of operating leases are charged to the accounts in the year in which they are paid.
Liabilities
The financial statements are prepared on an accruals basis thus recognising all liabilities when the Charity has committed itself to an expense or contractual obligations.
2. OTHER INCOMING RESOURCES
| Unrestricted funds Restricted funds £ £ Donations Received - - Transfer of funds from Underdog - - - - |
Total 2021 Total 2020 £ £ - 252 - 514,147 |
|---|---|
| - 514,399 |
3. CHARITABLE ACTIVITIES
| Unrestricted funds Restricted funds £ £ Direct costs: Research and resources 13,586 - Travel and subsistence 1,495 - Telephone 667 - Insurance - - Subscriptions 262 - IT 2,093 - Utilities 2,178 - Web Design 1,500 - Rent 4,500 - Support costs: Repairs and maintenance 163 - Sundries - - Printing, postage, stationery - - 26,444 - |
Total 2021 Total 2020 £ £ 13,586 225 1,495 3,142 667 673 - 276 262 398 2,093 751 2,178 851 1,500 2,025 4,500 - 163 149 - - - 20 |
|---|---|
| 26,444 8,510 |
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SEE AROUND BRITAIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
4. GOVERNANCE COSTS
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | Funds | 2021 | 2020 | ||||
| £ | £ | £ | £ | ||||
| Audit fees | - | - | - | - | |||
| Accountancy fees | 395 | - | 395 | 395 | |||
| Legal and professional fees | 360 | - | 360 | - | |||
| 755 | - | 755 | 395 |
5. STAFF COSTS
No trustee received any remuneration during the current or prior year.
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accruals Trustee loan TOTAL FUNDS General fund |
At 1 July 2020 £ 509,833 509,833 |
Incoming resources £ 7,781 7,781 |
Total 2021 £ 370 511 |
Total 2020 £ 370 511 |
|---|---|---|---|---|
| 881 | 881 | |||
| Resources expended £ (27,199) (27,199) |
At 30 June 2021 £ 490,415 490,415 |
7. TOTAL FUNDS
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SEE AROUND BRITAIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
8. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted fund Restricted fund Total 2021 £ £ £ Tangible fixed assets - - - Current assets 66,296 425,000 491,296 Current liabilities (881) - (881) 65,415 425,000 490,415 |
Total 2020 £ - 510,714 (881) |
|---|---|
| 509,833 |
9. RELATED PARTY TRANSACTIONS
As at the year end trustee Mr Marg McNeil was owed £511 (2020 £511) by the charity in relation to a loan provided by him to the charity.
10. RESTRICTED FUNDS
An amount of £425,000 has been ringfenced for the purchase of a suitable permanent base for the charity which will enable it to have the ample space to access and develop all the educational archives, much of which at present are in storage at our rented base and therefore not accessible.
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