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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 08914724 (England and Wales) REGISTERED CHARITY NUMBER: 1167828

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

CHANGES BRISTOL LTD

Kingscott Dix (Cheltenham) Limited Chartered Accountants Malvern View Business Park Stella Way Bishops Cleeve Cheltenham Gloucestershire GL52 7DQ

CHANGES BRISTOL LTD

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9 to 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and Aims

The provision of mental health support for the area of Bristol and the surrounding area including residents of South Gloucestershire, North Somerset and BANES. Changes Bristol Ltd provides its support through the provision of peer support groups following a structure originally developed by Changes Stoke and other types of peer support and mental health education.

Mission Statement

Changes will be recognised as an accessible and effective mental health service. Changes aims to promote the recovery and mental wellbeing of those in mental distress in Bristol and the surrounding area.

Significant Activities

Strategic targets achieved in 2021/22 included:

members including a Women's group, Men's group, LGBTQ+ group and the Women of Colour project. Hiring of a new specific LGBTQIA+ project worker.

-Continuation of the South Bristol project, with 5 safe support groups to meet the needs of the community as requested by citizens of South Bristol and commissioned by the Clinical Commissioning Group (now ICB) and in partnership with the South Bristol Partnership.

Public Benefit

The Trustees have complied with their duty under Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Page 1

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2022

OBJECTIVES AND ACTIVITIES

Volunteers

Key to the ethos of Changes Bristol is the use of volunteers in the delivery of the service.

Without volunteers the service could not run. 99 volunteers were involved in the delivery of the services of the charity in this period. We strongly encourage service users to become volunteers in order to help their own recovery and assist in the development of the service. In 2021-22 Changes trained 90 new volunteers on the facilitator training induction programme.

Some feedback from our volunteers:

'It was very rewarding and eye opening. I feel very lucky to have had the chance. Hearing positive feedback from others is amazing. Being able to share and receive feedback from others gives such a supportive environment, I don't remember feeling like that before'

'Empowering, motivating, feeling a sense of belonging.'

'Hugely beneficial in my self-esteem, confidence, and happiness. I'm very thankful and grateful for the opportunity given to me.'

Page 2

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

ACHIEVEMENT AND PERFORMANCE

Charitable Activities

As things began to return to normal after the lockdowns during the pandemic, we re-opened many of our in-person peer support groups, choosing to also keep running our online groups alongside.

Since the pandemic, we have continued to run our befriending phone service to support those who are digitally excluded and for those most vulnerable in the community, in combination with weekly 'Walk and Talks'

We continue to offer training packages and developed a further training workshop for 'Listening and Supporting Others'. We tailor our workshops so they can now be provided either online or in-person.

Peer Support Group Service

From April 2021-March 2022, the peer support group service was required to navigate the frequently changing Covid-19 rules and regulations. The service had to adapt to communicate our own boundaries in terms of safety, whilst ensuring that we weren't promoting fear or panic and our members felt emotionally safe. At the beginning of the pandemic, we were required to move all of our peer support groups online. Once the restrictions eased, we were planning on moving all of our groups back to in-person venues. However, our online groups remained vastly popular and suggestions to close them met strong adversity from our members. Ultimately, we chose to continue the majority of our online meetings, whilst re-opening our in-person groups in a phased approach. By the end of April 2022, we were running 8 in person meetings around the city and 9 online meetings, having substantially increased our pre-pandemic offer.

In 2021, the service partnered with Bristol Textile Quarter to provide 4 online 'Meet, Make and Mend' clothes repairing workshops, using freely provided sewing kits to encourage people to get creative and prevent social isolation.

Furthermore, towards the end of 2021, Changes Bristol partnered with UWE Cares to provide 12 weeks of support groups specifically for UWE students who were estranged from their families, or who were caring for relatives.

Throughout the year, our peer support groups continued to promote positive mental wellbeing, prevent isolation and improve sense of community. The groups (especially online) maintained consistent and strong attendance figures.

In early 2022, the CCG (now ICB) extended funding for the South Bristol project, including 5 in-person peer support groups as well as our online LGBTQIA+ peer support group.

Results from a survey completed by members in January 2022:

-69% of group members felt less socially isolated

-66% of group members said groups increased their confidence

-94% of group members said the groups benefited their mental health

Feedback from our some of our peer support group members:

'I'm not alone. They make me feel valued. I have improved so much. I can remember getting a phone call from Changes and I just burst out crying but when the call ended I know I was doing the right thing by joining as I felt a lot calmer. I'm not the greatest with words but having my group every week means the world to me. They are playing a major part in my recovery along with therapy and meds and mindfulness and meditation. I would be lost if I didn't have them. I am blessed to have them in my life. Keep doing a great job Changes'

'It has kept me in a good head space when feeling lonely and felt supported when struggling'

'I find the sharing element very therapeutic. It allows me to 'vent' in a safe and controlled environment where I will be listened to and not judged. Sharing also allows me to reflect on my coping strategies and identify what works and what doesn't. It is also very humbling to listen to stories from other people - it is a powerful way to put your own problems into perspective.'

Befriending Service

Over the course of the year we continued to grow and develop the Telephone Befriending Service and managed ever growing demand for this service. Volunteers provided 1735 hours of telephone support during the year to people experiencing anxiety and depression.

Page 3

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

Once restrictions were lifted in May we began to arrange walk and talks offering 2 weekly walks around parks and green spaces in Bristol, these have been enormously popular and we managed to obtain funding through the Sports England Tackling Inequalities Fund to add walks over the winter and spring in South Gloucestershire.

In October 2021 we were fortunate to have been successful in obtaining four year funding to continue our Befriending Service for mental wellbeing through the Bristol City Council Impact Fund. The service more than doubled the number of people it supports and we had over 50 befrienders giving their time to listen to people experiencing mental health difficulties.

The focus of the Befriending Service is to offer support to people who are isolated from other forms of support providing a safe non judgemental space to process experiences, build confidence and form strategies as well as the opportunity to connect with others

Partnerships in Delivering Services for Members

In late 2021 we joined in a partnership with Southern Brooks, to work on a scoping project to address need and allocate funding for services in South Gloucestershire.

We continue to be a member of the VCSE Mental Health Alliance.

Other Services

We have expanded our communications offer, now sending out weekly links and bulletins, a weekly Walk and Talk bulletin which by the end of March had 207 subscribers and a monthly members newsletters with 2000 subscribers, with training opportunities, announcements and member opportunities, and a Befriending Volunteer Newsletter as well as a monthly volunteer raffle with a variety of prizes to reward the generosity of the time our volunteers give in support of others.

Over the course of the year, we tailored our training sessions to online formats and developed further training packages to offer externally. As well as our Mental Health Awareness and Peer Support Training packages, our new training packages include: 'Mental Health for Managers' and 'Listening and Supporting Others'. We also began to offer bespoke training for external agencies.

A highlight of the year was delivering bespoke peer support group training to Bristol Sex Worker Collective, who planned to open up their own peer support group.

Fundraising

Once again Covid 19 meant that marathons and in person events were postponed however we were able to hold a mixture of online and in person events and held a successful Clothes Swap event, quiz nights and raffles with the help of our fundraising volunteers. One of our talented volunteers created a beautiful patchwork quilt that raised £400 through an online raffle and Changes Bristol was the chosen Tree of the Year at the St Mary Redcliffe Church TreeFest which raised over £1500 for the charity.

Changes Bristol is grateful to all of the support from citizens and local businesses who held events to raise money for the charity.

Service Monitoring

The Trustees provide oversight on the quality of services delivered by Changes Bristol and have put in place regular reviews of service use. Changes use a number of methods to ensure the services are delivered effectively and measure outcomes, outputs and indicators of wellbeing.

Service user feedback and service user forums are used to ensure those that use the service are able to influence its development.

The CEO and Service managers are responsible for monitoring the service. Senior Managers ensure these processes are effective and that monthly reports are prepared. All services keep quantitative records of service use and the number of beneficiaries and systematically collect feedback

We are a peer led charity, meaning that most of our staff, volunteer and trustees have lived experience ensuring our ethos remains the same and the developments within the charity always come from the ground up.

Page 4

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

FINANCIAL REVIEW

Reserves policy

We have an aspiration to hold the equivalent of 6 months expenditure in free reserves. At 31.3.22 the overall reserves were £217,693, £178,615 in unrestricted funds and £39,078 in restricted funds. The trustees have examined the major risks to which the charity is exposed and systems have been established to mitigate those risks. These procedures will be periodically reviewed to ensure that they still meet the needs of the charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

COVID 19 impact

The impact of Covid 19 was felt across the year with the demand for befriending remaining high with waiting lists in operation and the Walk and Talks proved essential in providing a safe non judgemental environment for people to come together and enjoy the outdoors with others. These have been of particular benefit for people experiencing social anxiety, especially after the long periods of lockdowns.

Since the pandemic, the charity has found that engagement with online groups is still strong and there is still a need for this service. We plan to continue providing both online and in-person support services in order to cater to all needs.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08914724 (England and Wales)

Registered Charity number

1167828

Registered office

Barton Hill Settlement 43 Ducie Road Lawrence Hill Bristol BS5 0AX

Trustees

Mr D K Z Kent (resigned 23.3.22) Mr O C Lewis (resigned 23.3.22) Dr P M Charles Ms B C Jones (resigned 11.10.22) Ms S R C Kent Ms J Brydon Ms M Smith (resigned 23.3.22) Ms H Cook Ms B Duckworth (resigned 13.7.22) Dr E Frost Ms H Smart (resigned 23.3.22) Mr E Walsh (resigned 23.3.22) Mr T Hartnell (appointed 13.7.22) Mr P Raimes (appointed 12.10.22)

Company Secretary

Ms J Brydon

Page 5

CHANGES BRISTOL LTD

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Kingscott Dix (Cheltenham) Limited Chartered Accountants Malvern View Business Park Stella Way Bishops Cleeve Cheltenham Gloucestershire GL52 7DQ

Approved by order of the board of trustees on 11 January 2023 and signed on its behalf by:

Dr P M Charles - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHANGES BRISTOL LTD

Independent examiner's report to the trustees of Changes Bristol Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. 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

  3. 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.

Gwyneth Milner ACA Kingscott Dix (Cheltenham) Limited Chartered Accountants Malvern View Business Park Stella Way Bishops Cleeve Cheltenham Gloucestershire GL52 7DQ

19 January 2023

Page 7

CHANGES BRISTOL LTD

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants
4,000
Other trading activities
2
51,608
Total
55,608
EXPENDITURE ON
Charitable activities
Operation of Charity
9,933
Other
1,341
Total
11,274
NET INCOME/(EXPENDITURE)
44,334
RECONCILIATION OF FUNDS
Total funds brought forward
134,281
TOTAL FUNDS CARRIED FORWARD
178,615
Restricted
funds
£
163,729
-
163,729
216,302
-
216,302
(52,573)
91,651
39,078
2022
Total
funds
£
167,729
51,608
219,337
226,235
1,341
227,576
(8,239)
225,932
217,693
2021
Total
funds
£
189,601
51,190
240,791
143,890
1,341
145,231
95,560
130,372
225,932

The notes form part of these financial statements

Page 8

CHANGES BRISTOL LTD

STATEMENT OF FINANCIAL POSITION 31 March 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
946
CURRENT ASSETS
Debtors
8
9,841
Cash at bank
168,691
178,532
CREDITORS
Amounts falling due within one year
9
(863)
NET CURRENT ASSETS
177,669
TOTAL ASSETS LESS CURRENT
LIABILITIES
178,615
NET ASSETS
178,615
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
-
46,528
46,528
(7,450)
39,078
39,078
39,078
2022
Total
funds
£
946
9,841
215,219
225,060
(8,313)
216,747
217,693
217,693
178,615
39,078
217,693
2021
Total
funds
£
2,287
1,161
223,347
224,508
(863)
223,645
225,932
225,932
134,281
91,651
225,932

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

CHANGES BRISTOL LTD

STATEMENT OF FINANCIAL POSITION - continued

31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 11 January 2023 and were signed on its behalf by:

Dr E Frost - Trustee

Dr P M Charles - Trustee

The notes form part of these financial statements

Page 10

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 11

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2022

2. OTHER TRADING ACTIVITIES

Fundraising donations
Workshops and training
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
2022
£
49,298
2,310
51,608
2022
£
1,341
2021
£
50,340
850
51,190
2021
£
1,341

3. NET INCOME/(EXPENDITURE)

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

Staff
No employees received emoluments in excess of £60,000.
6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants
-
Other trading activities
51,190
Total
51,190
EXPENDITURE ON
Charitable activities
Operation of Charity
5,447
Other
1,341
Total
6,788
2022
8
Restricted
funds
£
189,601
-
189,601
138,443
-
138,443
2021
4
Total
funds
£
189,601
51,190
240,791
143,890
1,341
145,231

continued...

Page 12

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
NET INCOME 44,402 51,158 95,560
RECONCILIATION OF FUNDS
Total funds brought forward 89,879 40,493 130,372
TOTAL FUNDS CARRIED FORWARD 134,281 91,651 225,932
7. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 April 2021 and 31 March 2022 6,419
DEPRECIATION
At 1 April 2021 4,132
Charge for year 1,341
At 31 March 2022 5,473
NET BOOK VALUE
At 31 March 2022 946
At 31 March 2021 2,287
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other debtors 8,680 -
Prepayments 1,161 1,161
9,841 1,161

continued...

Page 13

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
Accrued expenses
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
BCC Pandemic Grant
CCG BNSSG
Henry Smith Charity Community Match
Grant
BCC Medium Impact Fund
TOTAL FUNDS
At 1.4.21
£
72,500
61,781
134,281
34,048
1,941
20,815
7,000
12,841
15,006
-
91,651
225,932
Net
movement
in funds
£
44,334
-
44,334
(27,429)
(1,941)
1,183
(7,000)
(10,046)
(15,006)
7,666
(52,573)
(8,239)
2022
£
7,450
863
8,313
Transfers
between
funds
£
61,781
(61,781)
-
-
-
-
-
-
-
-
-
-
2021
£
-
863
863
At
31.3.22
£
178,615
-
2021
£
-
863
863
178,615
6,619
-
21,998
-
2,795
-
7,666
39,078
217,693

10. MOVEMENT IN FUNDS

continued...

Page 14

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

10. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
BCC Pandemic Grant
CCG BNSSG
Henry Smith Charity Community Match
Grant
BCC Medium Impact Fund
BCC Pandemic Impact Fund
Wesport Walk and Talk
Sovereign Housing
TOTAL FUNDS
Incoming
resources
£
55,608
14,750
-
32,143
7,335
51,477
15,000
16,132
17,600
4,292
5,000
163,729
219,337
Resources
Movement
expended
in funds
£
£
(11,274)
44,334
(42,179)
(27,429)
(1,941)
(1,941)
(30,960)
1,183
(14,335)
(7,000)
(61,523)
(10,046)
(30,006)
(15,006)
(8,466)
7,666
(17,600)
-
(4,292)
-
(5,000)
-
(216,302)
(52,573)
(227,576)
(8,239)
Resources
Movement
expended
in funds
£
£
(11,274)
44,334
(42,179)
(27,429)
(1,941)
(1,941)
(30,960)
1,183
(14,335)
(7,000)
(61,523)
(10,046)
(30,006)
(15,006)
(8,466)
7,666
(17,600)
-
(4,292)
-
(5,000)
-
(216,302)
(52,573)
(227,576)
(8,239)
(52,573)
(8,239)

Comparatives for movement in funds

Unrestricted funds
General fund
Designated fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
BCC Pandemic Grant
Quartet Express Grant
CCG BNSSG
Henry Smith Charity Community Match
Grant
TOTAL FUNDS
At 1.4.20
£
51,674
38,205
89,879
21,675
2,024
14,584
-
2,210
-
-
40,493
130,372
Net
movement
in funds
£
44,402
-
44,402
12,373
(83)
6,231
7,000
(2,210)
12,841
15,006
51,158
95,560
Transfers
between
funds
£
(23,576)
23,576
-
-
-
-
-
-
-
-
-
-
At
31.3.21
£
72,500
61,781
134,281
34,048
1,941
20,815
7,000
-
12,841
15,006
91,651
225,932

Page 15

continued...

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

10. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
Quartet Mall Fund
BCC Pandemic Grant
Quartet Express Grant
CCG BNSSG
Henry Smith Charity Community Match
Grant
Quartet Covid fund
TOTAL FUNDS
Incoming
resources
£
51,190
14,750
28,672
31,326
6,944
16,780
-
41,279
45,000
4,850
189,601
240,791
Resources
Movement
expended
in funds
£
£
(6,788)
44,402
(2,377)
12,373
(28,755)
(83)
(25,095)
6,231
(6,944)
-
(9,780)
7,000
(2,210)
(2,210)
(28,438)
12,841
(29,994)
15,006
(4,850)
-
(138,443)
51,158
(145,231)
95,560
Resources
Movement
expended
in funds
£
£
(6,788)
44,402
(2,377)
12,373
(28,755)
(83)
(25,095)
6,231
(6,944)
-
(9,780)
7,000
(2,210)
(2,210)
(28,438)
12,841
(29,994)
15,006
(4,850)
-
(138,443)
51,158
(145,231)
95,560
51,158
95,560

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
Quartet Express Grant
CCG BNSSG
BCC Medium Impact Fund
TOTAL FUNDS
At 1.4.20
£
51,674
38,205
89,879
21,675
2,024
14,584
2,210
-
-
40,493
130,372
Net
movement
in funds
£
88,736
-
88,736
(15,056)
(2,024)
7,414
(2,210)
2,795
7,666
(1,415)
87,321
Transfers
between
funds
£
38,205
(38,205)
-
-
-
-
-
-
-
-
-
At
31.3.22
£
178,615
-
178,615
6,619
-
21,998
-
2,795
7,666
39,078
217,693

Page 16

continued...

CHANGES BRISTOL LTD

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
The Henry Smith Charity
MIND
Sunrise Foundation
Quartet Mall Fund
BCC Pandemic Grant
Quartet Express Grant
CCG BNSSG
Henry Smith Charity Community Match
Grant
BCC Medium Impact Fund
BCC Pandemic Impact Fund
Wesport Walk and Talk
Sovereign Housing
TOTAL FUNDS
Incoming
resources
£
106,798
29,500
28,672
63,469
6,944
24,115
-
92,756
60,000
16,132
17,600
4,292
5,000
348,480
460,128
Resources
Movement
expended
in funds
£
£
(18,062)
88,736
(44,556)
(15,056)
(30,696)
(2,024)
(56,055)
7,414
(6,944)
-
(24,115)
-
(2,210)
(2,210)
(89,961)
2,795
(60,000)
-
(8,466)
7,666
(17,600)
-
(4,292)
-
(5,000)
-
(349,895)
(1,415)
(372,807)
87,321

Designated fund

A transfer of funds from the Designated Unrestricted Fund to the General Unrestricted Fund was made in the sum of £61,781. These funds were designated last year in expectation of additional costs as a result of the COVID 19 pandemic e.g. additional project costs.

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

Page 17

CHANGES BRISTOL LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2022

INCOME AND ENDOWMENTS
Other trading activities
Fundraising donations
Workshops and training
Charitable activities
MIND
The Henry Smith Charity
Merchant Venturers
Sunrise Foundation
Quartet Fund
Quartet Express Grant
Bristol City Council
CCG BNSSG
Henry Smith Charity Community Match
Challenge
BCC Medium Impact Fund
BCC Pandemic impact
Wesport Walk and Talk
Sovereign Housing
Total incoming resources
EXPENDITURE
Charitable activities
Wages and staff costs
Pensions
Support meetings
Volunteer costs
Fundraising expenses
Other
Depreciation of tangible fixed assets
Support costs
Finance
Bank charges
Accountancy & professional
2022
£
49,298
2,310
51,608
-
14,750
4,000
32,143
-
-
7,335
51,477
15,000
16,132
17,600
4,292
5,000
167,729
219,337
185,992
-
19,224
1,952
995
208,163
1,341
181
-
181
2021
£
50,340
850
51,190
28,672
14,750
-
31,326
6,944
4,850
16,780
41,279
45,000
-
-
-
-
189,601
240,791
107,227
1,765
14,992
1,588
2,581
128,153
1,341
72
120
192

This page does not form part of the statutory financial statements

Page 18

CHANGES BRISTOL LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

for the Year Ended 31 March 2022

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 March 2022
Finance
Other
Rent
Insurance
Telephone
Office and IT
Sundries
Total resources expended
Net (expenditure)/income
2022
£
8,031
1,048
546
7,900
366
17,891
227,576
(8,239)
2021
£
4,349
928
1,648
8,114
506
15,545
145,231
95,560

This page does not form part of the statutory financial statements

Page 19