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2022-09-30-accounts

SameYou

Unaudited Report and Accounts For the year ended 30 September 2022

Charity Registration No. 1170102 Company Registration No. 10134313 (England and Wales)

SameYou Contents

PAGE
Legal and Administrative Information 1
Report of the Trustees 2 - 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash flow statement 9
Notes forming part of the Financial Statements 10 - 15

SameYou Legal and Administrative Information

Charity Name SameYou
Charity Number 1170102
Company Number 10134313
Trustees Emilia Clarke
Henry Marsh
Richard Davidson
Oliver Lewis
Key Management Personnel Jennifer Clarke - CEO
Registered Office 10 Queen Street Place
London
EC4R 1BE
Independent Examiner Moore Kingston Smith LLP
6th Floor
9 Appold Street
London
EC2A 2AP
Bankers Barclays Bank Plc
Portman Square Group 2
9 Portman Square
London
W1A 3AL
Client Account : Worcester Branch, Unit 4, The Triangle,
Wildwood Drive, Worcester WR5 2Q
via; Clay Knox
166 Piccadilly, 3rd Floor Foxglove House,
W1J 9EF
Solicitors Bates Wells LLP
10 Queen Street Place
London
EC4R 1BE

1

SameYou Report of the Trustees For the year ended 30 September 2022

The Trustees are pleased to present their annual report with the financial statement of the Charity for the year ending 30 September 2022. These are also prepared to meet the requirements for a directors’ report and accounts for the Companies Act 2006 purposes.

The financial statements comply with the Charities Act 2011, the Charity’s Memorandum and Article of Association and Accounting and Reporting by Charities : Statement of Recommendation Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102).

The Trustees are delighted to provide a summary of the year.

Our Ambitious Goals and Objectives remain constant this year as we build back after the impact of Covid-19 and the implications for fundraising while we continue to minimize spend. They are :

Our guiding principles remain :

Achievements and Performance

In our 2021 report we outlined our plans for the future. The results in 2022 against these topics are:

Reaching our cause goals : As the world recovers from the Covid-19 pandemic, SameYou has enabled a breakthrough service to be commissioned by the NHS. We did this through increasing funding to the University of South Lancashire UCLAN and East Lancashire Hospitals Trust. ELHT working together to further develop the SameYou instigated group rehabilitation online service NROL which was first piloted with UCL at the start of the Covid-19 Pandemic. This was made possible by the award from the National Lottery Community Fund in 2021. We granted the first installment of the grant to enable the roll-out across another four NHS Trusts in Lancashire. The team demonstrated the successful results of this pioneering intervention to their local NHS commissioning body and the NHS has offered trial funding of this service to other regions in the UK. This is a significant achievement for SameYou from concept to commissioning in two and a half years.

In addition, with the RCN Foundation we were able to increase funding to Edinburgh University for another year’s postgraduate module in rehabilitation nursing. Due to the pressure nurses are currently under, this will extend to an 18 month period ending at the end of calendar year 2023.

SameYou also worked with the RCN Foundation to identify a research project designed to show the unmet need for long term holistic (brain, body and mind) rehabilitation services for young adult brain injury survivors. This thorough research report will be carried out with the intention of leading the way to a NIRC nationwide programme showing the widespread need.

2

SameYou Report of the Trustees (Continued) For the year ended 30 September 2022

Developing our high value network: We have worked on our high value giving network and have undertaken a programme to meet philanthropists and organisations with interest in neurology. Out of this networking we have found an organisation, and are working on a draft MOU agreeing to fund SameYou’s work with UCL and UCLH. This initially covers funding a feasibility study for a new mental health pathway post brain injury and stroke. Our community identified emotional and mental health services as one of the key missing elements crucial for recovery after brain trauma. As this relationship develops, the feasibility study will lead the way towards a collaboration designed to drive and fund a new rehabilitation centre with UCL/UCLH based in Queen Square London.

Developing a movement for neuro rehab change: We have just signed an agreement with a major US tech organisation to be one of their four charity partners at the launch of a new platform which will give us visibility and access to their audience of hundreds of millions of USbased users. We are currently planning our year long series of campaigns to build awareness, start a movement and build our supporter base.

Building our volunteer team: We appointed a volunteer manager from our volunteer network during this year. This has given strength to our programme which has flourished. The charity now have 19 active volunteers from the USA to Europe, Australia and New Zealand. The volunteers support our external communications and marketing work and provide support to our partners and supplement our small full-time team to reach and build our community of survivors.

The new grants we achieved this year totalled £169,000.

These grants have enabled our support to UCLAN and enabled us to develop our core signposting services to support survivors of brain injury and stroke. These are:

-survivor stories published on our site.

-further development of directory listing rehabilitation services in the UK. -recovery@Home videos to help survivors and carers improve mobility. -creation of our Buddies peer to peer support programme.

As well as funding this, we were able to hire a well-respected digital consultant to educate and work with us to improve our digital campaigning. This resulted in a major shift from our approach of quantity of communications to one with metrics at the heart of our campaigning and move us to becoming a results-driven charity. The outcomes will be realised in the long term but has given the charity confidence about growing from a recognised best of breed approach.

3

SameYou Report of the Trustees (Continued) For the year ended 30 September 2022

Plans for the Future

The Trustees have recognized that to enable growth the charity in the next year needs to focus on:

  1. Appointing a new professional CEO with a successful record in building a startup charity.

  2. Increasing our board of Trustees to increase our networking and skills base.

  3. Develop a high-net-worth individual programme of events.

  4. Continuing to deliver against our core goals.

Financial Review and Reserves

The Charity has received donations in the year totalling £408,320 which has enabled us to meet most of our administrative costs during another year of development, expansion and establishment.

It does not hold any free reserves and due to the decline in donations seen during the year will need to reassess the activity and objectives of the charity.

The Charity is a company limited by guarantee governed by its Memorandum and Articles of Association dated 19 April 2016. It is registered with the Charity Commission.

The Trustees have all be appointed in accordance with the Articles of Association.

The Trustees have overall responsibility for the management and control of the Charity. They meet on a quarterly basis to make the decisions and are in contact between meetings as and when required.

None of the trustees have received any remuneration or any other benefit from their work with the charity.

4

SameYou Report of the Trustees (Continued) For the year ended 30 September 2022

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 (United Kingdom Generally Accepted Accounting Practice.)

Company law requires trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company and of the incoming/outgoing resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions relating to small entities within Part 15 of the Companies Act 2006 and in accordance with Accounting & 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).

Small Companies Exemption

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Approved by the Board of Trustees and signed on their behalf by:

R. Davidson Trustee Date:

5

Independent Examiner's report to the Trustees of SameYou

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2022.

Responsibilities and basis of report

As the charity's trustees (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

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ACCA 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:

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.

6th Floor 9 Appold Street London EC2A 2AP

Date:

James Saunders FCCA DChA For and on behalf of Moore Kingston Smith LLP Chartered Accountants

6

SameYou

Statement of Financial Activities for the year ended 30 September 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and grants
3
Investment Income
4
Other Income
5
Total
EXPENDITURE ON:
Charitable activities
6
Total
Net Income		 Restricted
Funds
2022
71,811
-
-
71,811
65,819
65,819
5,992		 Unrestricted
Funds
2022
£
336,509
-
-
336,509
460,137
460,137
(123,628)		 Total
2022
£
408,320
-
-
408,320
525,956
525,956
(117,636)		 Total
Funds
For Year to
2021
£
522,697
4
405
523,106
530,211
530,211
(7,105)
Transfers between funds
14		 - - - -
Net movement in funds
Reconciliation of funds:
Total Funds bought forward
Total Funds carried forward		 5,992
34,627
40,619		 (123,628)
93,707
(29,921)		 (117,636)
128,334
10,698		 (7,105)
135,439
128,334

7

SameYou Balance Sheet As at 30 September 2022

2022 2021
Note £ £ £ £
Non-Current Assets
Intangible Fixed Assets 10 25,367 76,809
Tangible Fixed Assets 11 1,817 -
27,184 76,809
Current Assets
Debtors: amounts falling due within
one year 12 5,952 2,346
Cash at bank 132,503 73,276
138,455 75,622
Creditors: Amounts falling due
within one year 13 (154,941) (24,097)
Net current assets (16,486) 51,525
Net assets 10,698 128,334
Funds
Unrestricted funds 14 (29,921) (6,293)
Restricted Funds 14 40,619 34,627
Designated funds - 100,000
Total Funds/(Deficit) 14 10,698 128,334

For the financial year ended 30 September 2022 the company was entitled to exemption from audit under section 477 Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year ended 30 September 2022 with section 476 of the Companies Act.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of the Financial Reporting Standard 102.

Approved by the Trustees on

and signed on their behalf by:

................................................................ R. Davidson Trustee

Company Registration No. 10134313

8

SameYou Cash flow Statement As at 30 September 2022

Year ended Year ended
Notes 2022 2021
£ £
Net cash flow generated from operating activities (i) 59,227 66,874
Cash flows from investing activities:
Purchase of intangible fixed assets 10 - (28,853)
Interest received - 4
Net cash used in investing activities
- (28,849)
Net increase / (decrease) in cash and cash equivalents
59,227 38,025
Cash and cash equivalents at the start of the year 73,276 35,251
Cash and cash equivalents at the end of the year 132,503 73,276
Cash and cash equivalents consisted of:
Cash in hand and at the bank 132,503 73,276
(i) Reconciliation of net income/(expenditure) to net cash flow from operating activities
£ £
Net income for the year (117,636) (7,105)
Adjustments for :
Depreciation charges 425 54
Amortisation 51,442 52,284
Interest - (4)
(Increase)/decrease in debtors (3,606) 31,514
Increase/(decrease) in creditors 130,844 (9,869)
Purchase of fixed assets (2,242) -
Net cash provided by operating activities 59,227 66,874

9

SameYou Notes to the Financial Statements For the year ended 30 September 2022

1 Accounting Policies

Charity information

SameYou is a Charitable company limited by guarantee incorporated and registered in England and Wales. The registered office is 10 Queen Street Place, London, EC4R 1BE.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Charitable Company is a public benefit entity for the purposes of FRS 102 and a registered charity established as a company limited by

guarantee and therefore has also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP), the Companies Act 2006 and Charities Act 2011.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The principal accounting policies, which are applied consistently, are set out below.

Going Concern

Increased fundraising is expected in the coming financial year and the cash flow forecasts have been prepared to cover a period of at least one year from the date of approval of the financial statements showing that the charitable company can continue as a going concern.

Status

The company is a registered charity (number: 1170102).

Incoming Resources

Resources Expended

Governance costs relate to the direct running of the Charity allowing the Charity to operate and generate the information required for public accountability. These costs have all been allocated to charitable activities.

Fund Accounting

Designated funds comprise those unrestricted funds where the trustees, at their discretion, have created a fund for a specific purpose.

10

SameYou Notes to the Financial Statements For the year ended 30 September 2022

Taxation

1.7 The entity is a registered charity and has no trading income, and is therefore exempt from taxation.

1.8 Critical Accounting Estimates and Areas of Judgement

Preparation of the accounts requires the Trustees to make significant judgements and estimates. The items in the accounts where these judgements and estimates have been made are in estimating the useful economic life of tangible fixed assets.

1.9 Basic financial assets

Basic financial assets, which include receivables and cash and bank balances, are initially measured at the amount receivable and subsequently adjusted for any impairment or other change in consideration expected to be received on settlement.

1.10 Basic financial liabilities

Basic financial liabilities, including trade payables, are initially measured at the amount payable and subsequently adjusted for any change in consideration expected to be paid on settlement.

1.11 Short term benefits

Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.

1.12 Pensions

The entity operates a defined contribution plan for its employees. These contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet.

1.13 Tangible fixed assets

All fixed assets with a value over £1,000 are capitalised at cost, being their purchase cost together with any incidental expenses at acquisition, and depreciated to their estimated residual value over their estimated useful lives as follows:

Computer equipment 3 years straight line basis.

1.14 Intangible fixed assets

Amortisation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The amortisation rates in use are as follows:

Website development costs 3 years straight line basis.

2. Net expenditure for the year

This is stated after charging:

2022
£		 2021
£
Independent examiner's remuneration 6,671 4,740
3.
Voluntary Income - Donations and grants
Restricted
£		 Unrestricted
£		 2022
£		 2021
£
Donations and grants 71,811 336,509 408,320 522,697

For the year ended 2021 there were £42,627 restricted donations and grants.

10

SameYou

Notes to the Financial Statements For the year ended 30 September 2022

4.
Investment Income
Restricted
Bank interest
-
5.
Other Income
Restricted
Merchandise royalty
-
6.
Expenditure
Restricted
Expenditure directly allocated to activities
Donationsexpenditure
52,111
Support costs allocated to activities
Travel and meetings
-
Accountancy
-
-
Wages and salaries
12,654
Professional fees
-
Consultancy fees
-
Rent
-
IT software and consumables
1,054
Telecommunications
-
Other expenses
-
Depreciation
-
Amortisation
-
Professional Subscriptions
-
Utilities
-
Fundraising Charges
-
Branding, video and advertising
-
65,819
Independent examiner's
remuneration		 Unrestricted
-
Unrestricted
-
Unrestricted
104,888
295
4,573
5,220
166,299
2,042
69,558
-
4,006
4,891
8,719
425
51,442
3,113
144
20,818
13,704
460,137

In 2021, £8,000 restricted expenditure was incurred.

7. Employee Costs

Wages and salaries
Employer's NIC
Employer's pension
Average number of employees
The average monthly number of employees were:		 2022
£
162,301
14,487
2,165
178,953
2022
3		 2021
£
214,106
23,402
2,424
239,932
2021
3

1 (2021: 1) employee received remuneration of more than £60,000. This was between the bracket of £70,000 and £80,000.

10

SameYou Notes to the Financial Statements For the year ended 30 September 2022

8. Trustees and Key Management Personnel

The Charity considers key management personnel to comprise the Trustees and the CEO. The total employment benefits of key management personnel were £85,550 (2021: £106,898).

During the year Trustees received £nil (2021: £nil) for the reimbursement of expenses.

9. Taxation

The Company is not liable to Corporation Tax as the income is of an exempt nature.

10. Intangible fixed assets

Cost
At 1 October 2021
Additions
Disposal
At 30 September 2022
Amortisation
At 1 October 2021
Charge for the year
Eliminated on disposals
At 30 September 2022
Net book value
At 30 September 2022
At 30 September 2021
11.
Tangible fixed assets
Cost
At 1 October 2021
Additions
Disposal
At 30 September 2022
Depreciation
At 1 October 2021
Charge for the year
Eliminated on disposals
At 30 September 2022
Net book value
At 30 September 2022
At 1 October 2021
12.
Debtors
Due within one year
Trade debtors
Prepayments and Accrued Income
Other debtors		 Website Development Costs
£
159,461
-
-
159,461
82,652
51,442
-
134,094
25,367
76,809
Equipment
£
1,973
2,242
-
4,215
1,973
425
-
2,398
1,817
-
2022
2021
£
£
5,000
750
508
1,152
444
444
5,952
2,346		 Website Development Costs Website Development Costs Website Development Costs

£
159,461
-
-
159,461
82,652
51,442
-
134,094
25,367
76,809
Equipment
£
1,973
2,242
-
4,215
1,973
425
-
2,398
1,817
-
2021
£
750
1,152
444
2,346

10

SameYou Notes to the Financial Statements For the year ended 30 September 2022

13. Creditors: Amounts falling due within one year

Creditors: Amounts falling due within one year
Trade creditors
Taxation and social security
Accruals and deferred income		 2022
£
137,589
9,348
8,004
154,941		 2021
£
3,232
13,591
7,274
24,097

14. Movement in Funds

Restricted Funds
Total Funds
Designated Funds
Unrestricted Funds
Hollyhock Charitable
Foundation
Micheal Hagger- Centre
funding
The national lottery
fund		 At 1 October
2021
£
100,000
(6,293)
93,707
34,627
-
34,627
128,334		 Income
£
-
336,509
336,509
-
44,111
27,700
71,811
408,320		 Expenditure
£
-
(460,137)
(460,137)
(20,654)
(44,111)
(1,054)
(65,819)
(525,956)		 Transfers
£
(100,000)
100,000
-
-
-
-
-
-		 At 30 September
2022
£
-
(29,921)
(29,921)
13,973
-
26,646
40,619
10,698

Designated funds were transferred to unrestricted funds during the year due to the unrestricted deficit at the year end.

Unrestricted funds held a negative balance of £29,921 at the year end, due to a reduction in unrestricted income during the period.

15. Allocation of Net Assets between Funds

Designated funds
Restricted funds
Unrestricted funds		 Fixed
Assets
£
-
-
27,184
27,184		 Current
Assets
£
100,000
42,627
(4,172)
138,455		 Current
Liabilities
£
-
-
(154,941)
(154,941)		 Total
£
100,000
42,627
(131,929)
Total funds 10,698

10

SameYou Notes to the Financial Statements For the year ended 30 September 2022

10

SameYou Notes to the Financial Statements For the year ended 30 September 2022

16. Related Party Transactions

During the year, SameYou received donations worth £36,086 (2021: £326,441) from SameYou Foundation. A charity registered in the USA which shares trustees in common with SameYou.

Oliver Lewis, a trustee, donated £9,315 in the year (2021: £nil) There was no related party expenditure incurred in 2022 (2021: £nil).

17. Financial and capital commitments

As at 30 September 2022 the charity had capital commitments of £nil (2021: £nil).

10