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2021-03-31-accounts

Samaritans of Yeovil, Sherborne & District

Annual Report and Financial Statements

For the Year Ended 31 March 2021

Charity Registered in England and Wales Number: 1168371

Samaritans of Yeovil, Sherborne & District Contents For the Year Ended 31 March 2021

Page
Contents 1
Reference and Administrative Details 2
Trustees’ Annual Report 3 - 8
Independent Examiners Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 - 22

Prepared By Albert Goodman LLP

1

Samaritans of Yeovil, Sherborne & District Reference and Administrative Details For the Year Ended 31 March 2021

Trustees and Directors J Brown
G Curtis
F Dimdore
S Hicks
S Jones
M Litchfield
Registered Office Morley House
26 West Hendford
Yeovil
Somerset
BA20 1XE
Charity number 1168371
Independent Examiner Michelle Ferris BSc (Hons) FCA DChA
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX
Bankers Lloyds Bank plc
25 Gresham Street
London
EC2V 7HN
Investment managers M&G Investments
10 Fenchurch Avenue
London
EC3M 5AG
CCLA Investments
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Solicitors Battens Solicitors Limited
Mansion House
Princes Street
Yeovil
BA20 1EP

Prepared By Albert Goodman LLP

2

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

ANNUAL TRUSTEES REPORT

The trustees present their report and examined financial statements of the charity for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s governing document and 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).

Samaritans of Yeovil, Sherborne & District is a charitable incorporated organisation (CIO) registered in England & Wales, registered charity number 1168371. Samaritans of Yeovil, Sherborne & District is an affiliated branch of Samaritans Central Charity. A branch agreement between the Central Charity and the charity sets out the rules governing the affiliation, and an operating agreement provides the rules and guidelines governing the provision of Samaritans services.

Structure, Governance and Management

The governing document is the CIO Association Constitution and the charity was as a charitable incorporated organisation on 21 July 2016.

Current trustees

• J Brown Elected 30 September 2020 • G Curtis Vice Director Elected 30 September 2020 • F Dimdore Re-elected 30 September 2020 • S Hicks Branch Director From 1 January 2020 • S Jones Secretary Appointed 31[st] July 2021 • M Litchfield Treasurer Elected 30 September 2020

Other trustees who served during the period

• S Donald Secretary Retired 30 September 2020 • J Goddard Treasurer Retired 30 September 2020 • N Lindsay Secretary Appointed 10 February 2021, resigned 6 April 2021 • J Reed Retired 30 September 2020 • S Robertson Secretary Elected 30 September 2020, resigned as Secretary February 2021 • S Robertson Co-opted 10 February 2021 (fundraising), resigned 25 October 2021 • J Symonds Retired 30 September 2020

The trustee board is responsible for managing the affairs of the charity.

Prepared By Albert Goodman LLP

3

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

The chair of the trustee board is the Branch Director who is selected by the charity’s members for a period of three years through a consultation process. In addition to the Branch Director, the trustee board comprises a secretary and treasurer (who may be the same person) and up to eight additional trustees who are all elected annually at the Annual General Meeting (AGM). All members of the charity, including the trustees, may nominate individuals for election as elected trustees. The charity’s full listening and support volunteers, and the trustees, are eligible to be the charity’s members. The trustees may also coopt up to two additional trustees during the year to fill a skills gap.

All elected and co-opted trustees retire at the next AGM but are eligible for re-election provided they have not served for more than six consecutive years. All trustees undergo the standard mandatory training provided by Samaritans Central Charity.

The Branch Director also heads the branch leadership team (BLT) which comprises the trustees and Deputy Directors appointed by the Branch Director. The leadership team works together to manage the day-to-day running of the charity.

Trustees may be appointed from outside the volunteer body but all Deputy Directors must be listening or support volunteers who have completed the mandatory training.

Decisions made at trustee or BLT meetings are disseminated to the volunteer body by email and at branch meetings. Minutes are available in the Filestore on 3 Rings.

All persons working at our charity are volunteers, we have no paid staff.

Objectives and activities

The charitable objectives are:

As part of the wider Samaritans organisation, we adhere to the long term strategy which was launched in 2015 and describes our vision for the years to 2021, our priority areas and the ways in which we will work better to achieve even greater impact.

To achieve our vision of fewer people dying by suicide, Samaritans as an organisation has identified four priority areas:

To deliver this, we need to make a ‘step change’ across three key areas: volunteering, learning and development and the use of digital technology.

Prepared By Albert Goodman LLP

4

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

It is important to note that all roles with a Samaritans branch are covered by volunteers, including the administration and management of the branch. This is different to the majority of charities who will have paid staff in these roles and volunteers to cover only support roles and in trustee roles.

In this branch we have a management team of 8 covering the roles of Director, Personnel, Service Delivery, Finance, Training, Premises and Administration. We have estimated that this team in total spends around 130 hours per week focussing on work for the branch which if we take a conservative hourly rate of £15 per hour accrues to £1,950 per week and £101,400 per annum. Samaritans as a whole would not be able to exist without this level of volunteer-led management.

Achievements and performance

As mentioned in the aims and objectives, to achieve the ‘step change’ transformation and successfully deliver our strategy Samaritans has launched a programme of work called 'There for Everyone'. The programme is evidence-based, developed through consultation with and input from a Volunteer Reference Panel with around 500 members.

In our branch we are working towards these goals by:

All these activities have, clearly been affected by Covid-19 and remained more aims than achievements.

Public benefit

The trustees report that the charitable activities, described in the Achievements and performance paragraphs, are for the public benefit. The trustees also confirm that they have complied with section 17(5) of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Fundraising

Our fundraising activity is based around local events as each Samaritans branch covers a specific area. Examples of these events are stalls at Christmas and summer fairs and various country shows providing refreshments. We have accepted donations from volunteers and friends who have carried out sponsored swims, treks and such. A majority of these events have been lost in this accounting year due to Covid-19. We do not work with professional fundraisers and thus far we have not applied for grants.

Prepared By Albert Goodman LLP

5

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

Following best practice

Samaritans as an organisation is registered with the Fundraising Regulator and we are members of the Institute of Fundraising, the Direct Marketing Association, the Gambling Commission and the Lotteries Council.

Our donor promise sets out our aim to be open, fair and honest in the way we engage with supporters. As a branch we have had no complaints regarding any of our fundraising activities.

Financial Report (to be seen in conjunction with Annual Accounts)

The branch reserves policy is for reserves to cover 18 months of running costs. Each year, the branch makes a contribution to the national organisation based on a system set by Samaritans Central Office as follows:

Contribution to be based on a sliding scale of reserves held in excess of 18 months of total annual unrestricted revenue expenditure.

‘Reserves’ are defined as:

Reserves include investments at market value (not cost). Reserves exclude Restricted Funds and Endowment Funds.

The sliding scale of contribution is as follows, with percentages to be applied to each particular segment of reserves:

Reserves in range: Percentage applied to each
segment
18 months–2 years 5%
2-3 years 10%
3-4 years 20%
4-5 years 30%
In excess of 5 years 40%

Reserves - The charity policy is to hold reserves to cover 18-24 months of running costs; for the current financial year this is difficult to assess, as a new property (the centre at Morley House) has been bought and refurbished and there are still costs to be incurred.

In the 2021/22 financial year, the goal will be to evaluate and set normal running costs for the new building and the extended number of volunteers now recruited.

It is intended to donate a substantial amount to the Samaritans Central Charity for a project to be proposed by them and agreed by the trustees and volunteers of Samaritans of Yeovil Sherborne & District.

Prepared By Albert Goodman LLP

6

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

The Statement of Financial Activities shows a net deficit movement in funds of £202,812 for the year (2020: £675,366) and reserves stand at £1,071,390, of which £2,901 is restricted. The free reserves of the charity (net current assets less restricted funds) are £497,208.

In the year ended 31[st] March 2019, the branch received notification of a substantial legacy from Mr John Grant which was estimated to be to the value of £2,500,000 including a parcel of land on the outskirts of Yeovil. These funds have been received gradually over time, with the final accounting being received in July 2020.

The Future

The new property at Morley House would have allowed us to extend our services and increase our volunteer body but these aims have been severely affected by the Covid-19 pandemic.

Covid-19 Pandemic

The effect of the Pandemic from 1[st] April 2020 has been noted in all areas of operation. The branch was particularly affected in the first three months of lockdown as volunteers with particular health conditions, or with family in that group, and those over 70, were unable to leave home and cover their normal shift requirement.

The rota of shifts was reduced and throughout the 13 branches in our region, rotas were collaborated on to ensure that Samaritan listeners were available to callers in what is known to be the most crucial times of each day and also that phones were covered for 24 hours.

The branch has made NBC payments to Central charity of £188,240 in the year. Unless a suitable project is put forward by Central charity for us to fund, the remaining cash will sit on our balance sheet and will pay NBC accordingly.

A new training programme has been developed by Samaritans Central Office which will come into effect as the pandemic restrictions reduce.

Prepared By Albert Goodman LLP

7

Samaritans of Yeovil, Sherborne & District Trustees’ Report For the Year Ended 31 March 2021

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (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 income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which 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/constitution. 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.

Approved by the Trustees on 9 November 2021 and signed on their behalf by:

M Litchfield Trustee

Prepared By Albert Goodman LLP

8

Samaritans of Yeovil, Sherborne & District Independent Examiners Report to the Trustees For the Year Ended 31 March 2021

I report to the trustees on my examination of the accounts for Samaritans of Yeovil, Sherborne & District (“the charity”) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable 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 material 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 130 of the 2011 Act; or

  2. the accounts do not comply with these records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of the 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.

Michelle Ferris BSc (Hons) FCA DChA

Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX

Date: 12 November 2021

Prepared By Albert Goodman LLP

9

Samaritans of Yeovil, Sherborne & District Statement of Financial Activities For the Year Ended 31 March 2021

Unres-
tricted
Notes
£
Income and endowments
Donations
2
28,134
Charitable activities
3
1,254
Other trading activities
4
5,050
Investment income
5
3,357
Other income
6
-
Total income
37,795
Expenditure
Expenditure on charitable
activities
7
242,494
Total expenditure
242,494
Net (expenditure) / income
(204,699)
before other recognised
(losses) / gains
Realised and unrealised
10
(losses) / gains on
investment assets
-
Net movement in funds
(204,699)
Reconciliation of funds
Fund balances at 1 April
2020
1,273,188
1,068,489
Fund balances at 31
March 21		 Res-
tricted
£
-
1,887
-
-
-
1,887
-
-
1,887
-
1,887
1,014
2,901		 Total 2021
£
28,134
3,141
5,050
3,357
-
39,682
242,494
242,494
(202,812)
-
(202,812)
1,274,202
1,071,390		 Unres-
tricted
£
24,016
1,837
5,100
2,358
25,000
58,311
733,762
733,762
(675,451)
-
(675,451)
1,948,639
1,273,188		 Res-
tricted
£
-
1,214
-
-
-		 Total 2020
£
24,016
3,051
5,100
2,358
25,000
1,214 59,525
1,129 734,891
1,129 734,891
85
-		 (675,366)
-
85
929		 (675,366)
1,949,568
1,014 1,274,202

The results for the year derive from continuing activities and there are no gains or losses other than those shown above.

Prepared By Albert Goodman LLP

10

Samaritans of Yeovil, Sherborne & District Balance sheet As at 31 March 2021

----- Start of picture text -----
Total 2021 Total 2020
Notes £ £
Fixed assets
Tangible fixed assets 9 477,667 479,343
Investments 10 93,614 93,614
571,281 572,957
Current assets
Investments 11 500,000 -
Debtors 12 2,851 671,425
Cash at bank and in hand 194,911 733,319
697,762 1,404,744
Creditors
Amounts falling due within one year 13 (197,653) (703,499)
Net current assets 500,109 701,245
Net assets 1,071,390 1,274,202
The funds of the charity
Restricted funds 14 2,901 1,014
Unrestricted funds 14 1,068,489 1,273,188
1,071,390 1,274,202
----- End of picture text -----

Approved by the Board for issue on 9 November 2021 and signed on its behalf by:

M Litchfield

Trustee

S Hicks

Trustee

Prepared By Albert Goodman LLP

11

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

1 Accounting policies

1.1 General information and basis of accounting

Samaritans of Yeovil, Sherborne & District is a charity, registered in England and Wales. The nature of the charity’s operations and its principal activities are set out in the Trustees report on pages 3-8.

The financial statements have been prepared in accordance with 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)- (Charities SORP (FRS 102)).

The charity meets the definition of public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2

Income

Income from donations is recognised upon receipt.

Income from legacies is accounted for when probate has been granted, there are sufficient assets in the estate, any conditions attached are either in the control of the charity or have been met, and the amount can be reasonably quantified.

Income from investments is accounted for when receivable.

1.3 Expenditure

Expenditure is accounted for on the accruals basis. Liabilities are recognised in the accounting period to which they relate.

Support costs are those functions which assist the work of the charity but do not directly undertake charitable activities. These costs have been allocated to expenditure on charitable activities.

1.4 Governance costs

Governance costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees.

1.6 Investments

Fixed asset investments are recognised initially at fair value which is normally the transaction price (but excludes any transaction costs). Subsequently, investments are held at market value, with all realised and unrealised gains and losses passing through the SOFA.

Current asset investments is land held which has been sold less than one year from the balance sheet date. It has been valued at the year end at market value (sales proceeds).

1.7 Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (or purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and opening market value (or purchase date if later). Realised and unrealised gains are not separated in the Statement of Financial Activities.

Prepared By Albert Goodman LLP

12

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

1.8 Fixed assets

Fixed assets are valued at cost less depreciation.

Depreciation is calculated to write off the cost or valuation of fixed assets over their estimated useful lives at the following rate:-

Equipment – 50% / 33% straight line

No depreciation is provided on the freehold property and improvements as the Trustees consider that the carrying value is equivalent to current market value. The property is regularly maintained. During the prior year, extensive refurbishment works have been carried to the property, which have been expensed in the accounts to maintain the property valuation in the accounts at a market valuation.

1.9 Debtors

Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.

1.10 Cash at bank and in hand

Cash at bank and in hand comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

1.11 Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

1.12 Taxation

The company is a registered charity and is therefore not liable to corporation tax to the extent that income and gains are applied to charitable purposes.

1.13 Fund accounting

General funds are unrestricted funds receivable or generated for the objects of the company without further specified purpose and are available as general funds.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criterion is charged to the fund, together with a fair allocation of management and support costs.

1.14 Financial instruments

The charity only holds basic financial instruments as defined in FRS 102. The financial assets and liabilities of the charity and their measurements are as follows:

Financial assets- trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost and details are in note 17. Investments are basic financial instruments measured at fair value though the income and expenditure account. Prepayments are not financial instruments.

Cash at bank- is classified as a basic financial instrument and is measured at face value.

Financial liabilities- trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost as detailed in note 17.

Prepared By Albert Goodman LLP

13

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

2 Donations

----- Start of picture text -----
Unres- Res- Unres- Res-
tricted tricted Total 2021 tricted tricted Total 2020
£ £ £ £ £ £
Gift aid donations 10 - 10 1,309 - 1,309
- -
Other donations and gifts 14,890 14,890 18,056 18,056
- -
Legacies received 13,234 13,234 4,651 4,651
- -
28,134 28,134 24,016 24,016
----- End of picture text -----

3 Charitable activities

----- Start of picture text -----
Unres- Res- Unres- Res-
tricted tricted Total 2021 tricted tricted Total 2020
£ £ £ £ £ £
- -
Fund raising 1,254 1,254 1,837 1,837
Prison reimbursement - 1,887 1,887 - 1,214 1,214
- - - - - -
Services provided
1,254 1,887 3,141 1,837 1,214 3,051
----- End of picture text -----

4 Other trading activities

Rent income Unres-
tricted
£
5,050
5,050		 Res-
tricted
£
-
-		 Total 2021
£
5,050
5,050		 Unres-
tricted
£
5,100
5,100		 Res-
tricted
£
-
-		 Total 2020
£
5,100
5,100

Prepared By Albert Goodman LLP

14

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

5 Investment income

----- Start of picture text -----
Unres- Res- Unres- Res-
tricted tricted Total 2021 tricted tricted Total 2020
£ £ £ £ £ £
Bank interest 188 - 188 361 - 361
Dividends 3,169 - 3,169 1,997 - 1,997
- -
3,357 3,357 2,358 2,358
6 Other income
Unres- Res- Unres- Res-
tricted tricted Total 2021 tricted tricted Total 2020
£ £ £ £ £ £
- - -
Profit on disposal of fixed asset 25,000 25,000
- - - -
25,000 25,000
----- End of picture text -----

Prepared By Albert Goodman LLP

15

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

7 Expenditure on charitable activities

Direct costs
Provision of services
Light, heat and power
Rates
Insurance
Travel and expenses
Repairs and maintenance
Training and recruitment
Travel
Telephone and broadband
Cleaning
Sundry
Support costs
Advertising and publicity
Printing, postage and stationery
Depreciation
Contribution to Samaritans
South West costs
Governance costs
Independent Examination
Accountancy
Legal fees
Professional fees		 Unres-
tricted
£
-
6,240
137
853
11,494
15,312
2,308
308
245
3,039
48
39,984
4,029
4,400
1,676
188,240
198,345
1,000
1,160
35
1,970
4,165
242,494		 Res-
tricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total 2021
£
-
6,240
137
853
11,494
15,312
2,308
308
245
3,039
48
39,984
4,029
4,400
1,676
188,240
198,345
1,000
1,160
35
1,970
4,165
242,494		 Unres-
tricted
£
77
6,218
1,186
1,415
15,077
316,578
10,701
-
2,664
1,975
1,905
357,796
11,869
1,670
9,499
328,991
352,029
1,000
2,500
10,110
10,327
23,937
733,762		 Res-
tricted
£
-
-
-
-
1,129
-
-
-
-
-
1,129
-
-
-
-
-
-
-
-
-
-
1,129		 Total 2020
£
77
6,218
1,186
1,415
16,206
316,578
10,701
-
2,664
1,975
1,905
358,925
11,869
1,670
9,499
328,991
352,029
1,000
2,500
10,110
10,327
23,937
734,891

Prepared By Albert Goodman LLP

16

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

8 Wages and salaries

The charity has no employees, and hence none that receive remuneration of over £60,000 (2020: none).

The trustees did not receive any remuneration or benefits from the charity during the year (2020: none).

Four trustees were reimbursed for travel expenses totalling £653 during the year (2020: Five - £2,429).

9 Tangible Assets

----- Start of picture text -----
Freehold
Property Equipment Total
£ £ £
Cost
At 1 April 2020 477,614 19,230 496,844
Additions - - -
- - -
Disposals
At 31 March 2021 477,614 19,230 496,844
Depreciation
-
At 1 April 2020 17,501 17,501
-
Charge for the year 1,676 1,676
At 31 March 2021 - 19,177 19,177
Net book value
At 31 March 2021 477,614 53 477,667
At 31 March 2020 477,614 1,729 479,343
----- End of picture text -----

Prepared By Albert Goodman LLP

17

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

----- Start of picture text -----
10 Fixed asset investments
2021 2020
Movements in fixed assets investments: £ £
Market value as at 1 April 2020 93,614 93,614
- -
Disposals at carrying value
- -
Realised losses on disposals
- -
Unrealised (losses) / gain on revaluation
Market value as at 31 March 2021 93,614 93,614
The investments are held as follows:
Listed investments 93,614 93,614
- -
Cash and cash equivalents
Market value as at 31 March 2021 93,614 93,614
11 Current investments
Total Total
2021 2020
£ £
Land held for resale 500,000 -
----- End of picture text -----

Prepared By Albert Goodman LLP

18

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

12 Debtors

----- Start of picture text -----
Total Total
2021 2020
£ £
Trade debtors 1,000 2,000
Prepayments and accrued income 1,851 669,025
Other debtors - 400
2,851 671,425
13 Creditors: amounts falling due within one year
----- End of picture text -----

----- Start of picture text -----
Total Total
2021 2020
£ £
Trade creditors 7,253 4,062
Accruals 2,160 2,160
Other creditors 188,240 697,277
197,653 703,499
----- End of picture text -----

Prepared By Albert Goodman LLP

19

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

14 Statement of funds

----- Start of picture text -----
Opening Income Expenditure Transfers Closing
Balance Balance
01/04/20 31/03/21
£ £ £ £ £
Restricted funds
- -
Prison listening scheme 1,014 1,887 2,901
Unrestricted funds 1,273,188 37,795 (242,494) - 1,068,489
Total funds 1,274,202 39,682 (242,494) - 1,071,390
Statement of funds – 2020
Opening Income Expenditure Transfers Closing
Balance Balance
01/04/19 31/03/20
£ £ £ £ £
Restricted funds
Prison listening scheme 929 1,214 (1,129) - 1,014
Unrestricted Funds 1,948,639 58,311 (733,762) - 1,273,188
Total funds 1,949,568 59,525 (734,891) - 1,274,202
----- End of picture text -----

The Prison listening scheme is a programme where Samaritans train carefully selected prisoners to be Listeners, acting as confidential support to other prisoners as Samaritans do in the wider world but face to face in prison. It is funded by NOMS (National Offender Management Service, a government department, and all expenditure is refunded by them via the Prison Branch Grants office at Samaritans Central Office.

Prepared By Albert Goodman LLP

20

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

15 Analysis of net assets between funds

Tangible assets
Investments
Net current assets		 Unres-
tricted
£
477,667
93,614
497,208
1,068,489		 Res-
tricted
£
-
-
2,901
2,901		 Total 2021
£
477,667
93,614
500,109
1,071,390		 Unres-
tricted
£
479,343
93,614
700,231
1,273,188		 Res-
tricted
£
-
-
1,014
1,014		 Total 2020
£
479,343
93,614
701,245
1,274,202

16 Related party transactions

There were no related party transactions during the year (2020: none).

Prepared By Albert Goodman LLP

21

Samaritans of Yeovil, Sherborne & District Notes to the Financial Statements For the Year Ended 31 March 2021

17 Financial instruments

Categorisation of financial instruments
Financial liabilities measured at amortised cost
Item of income, expenditure, gain or losses
2021
Financial liabilities measured at amortised cost
2020
Financial liabilities measured at amortised cost
Financial assets that are debt instruments measured at
amortised cost
Financial assets measured at fair value through income
and expenditure account
Financial assets measured at fair value through income
and expenditure account
Financial assets measured at fair value through income
and expenditure account
Financial assets that are debt instruments measured at
amortised cost
Financial assets that are debt instruments measured at
amortised cost		 2021
£
593,614
195,911
789,525
197,653
Income
Expense
£
£
3,169
-
-
-
-
-		 2020
£
93,614
1,403,802
1,497,416
703,499
Net gains Net losses
£
£
-
-
-
-
-
Income
Expense
£
£
1,997
-
-
-
-
-		 Net gains
Net losses
£
£
-
-
-
-
-

18 Post balance sheet event

The land held within current asset investments was disposed of post year end. The completion of the land sale was on 16[th] April 2021, with the purchase price being £500,000.

Prepared By Albert Goodman LLP

22