Charity registration number: 1170331
## Imara CIO
Annual Report and Financial Statements for the Year Ended 30 April 2021
## **Imara CIO**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Statement of Trustees' Responsibilities|6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Cash Flow Statement|10|
|Notes to the Financial Statements|11 to 21|
## **Imara CIO**
## **Reference and Administrative Details**
**Trustees** Bea Giaquinto, Co-Chair Maryam Khorassani, Co-Chair Jennifer Everitt, Treasurer Charlotte Caulton-Scott Biswanath Parida Mark Ball Hannah Yates **Senior Management Team** Cath Wakeman, Chief Executive Officer **Charity Registration Number** 1170331 **Principal Office** 202 Mansfield Road Nottingham NG1 3HX **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Imara CIO**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 April 2021.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Bea Giaquinto, Co-Chair Maryam Khorassani, Co-Chair (appointed 13 January 2021) Jennifer Everitt, Treasurer (appointed 4 January 2021) Charlotte Caulton-Scott Biswanath Parida Mark Ball (appointed 13 January 2021) Hannah Yates (appointed 7 June 2021) Helena Czapska (resigned 11 November 2021) Chennour Wright (resigned 12 February 2021) Lauren-Jayne Bowyer (resigned 3 September 2020) Tim Dwyer (resigned 9 December 2020) Christine Milburn (resigned 9 December 2020) Barry Davidson (resigned 15 May 2020)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is operated under the rules of its CIO Foundation constitution, registered on 23rd November 2016.
## _**Recruitment and appointment of trustees**_
At recruitment applicants are required to complete a Skills Audit, in order to provide an overview of relevant skills and any gaps on the Board.
When a gap is identified on the board, or a trustee informs us of their intention to step down then we seek to recruit.
Advertisements placed on Reach volunteering; Do It.Org and Nottingham Community Voluntary Service, linked to Imara website and social media e.g. LinkedIn. We also make use of Getting on Board for resources and guidance.
Applicants complete a Skills Audit, CV and a letter stating their reason for applying.
Applicants are short-listed and invited to attend a Board meeting to meet the CEO and Trustees to explain their interest in the role.
Successful applicants complete necessary checks i.e. DBS, references, sign up to the Imara code of conduct and the Charity Commission Trustee Eligibility Declaration and are then appointed to the Board.
Page 2
## **Imara CIO**
## **Trustees' Report**
## **Objectives and activities**
## _**Objects and aims**_
To advance the education of the public and relevant professions with regard to child abuse (including the emotional and psychological consequences resulting from any form of abuse or neglect in childhood) and to provide relief and support to survivors of abuse in particular to children, teenagers and their families. To promote and protect the physical and mental health of young people, who exhibit sexually harmful behaviour.
## _**Objectives, strategies and activities**_
Imara forms part of the referral pathway for children and young people who have disclosed child sexual abuse and have accessed East Midlands Children and Young People's Sexual Assault Service. A referral to Imara from EMCYPSAS leads to:
Therapeutic assessment of children and young people who are victims and survivors of child sexual abuse and of their safe family members. Timely access to pre-trial therapy based on CPS guidelines.
Therapeutic interventions, including psycho-education; teaching early intervention strategies; trauma processing and creative arts therapy sessions; Support to improve disrupted sleep and reduce anxiety symptoms. Provision of evidence based therapeutic programme: Letting the Future In.
Support from Children and Young People's Independent Sexual Violence Advisors (CHISVA) to provide legal and advocacy support throughout the Criminal Justice Process. Provision of support with housing, education, employment, finances and benefits, health, to support family members to recover and to engage with other voluntary and statutory organisations. Ongoing contact through the police investigation and the judicial process, including support through any trial.
Education and training to the safeguarding network around the child and young person; promoting health and wellbeing of children, young people and families, to empower them through their recovery. Referral on to appropriate support agencies if required, including any safeguarding concerns. Additional ongoing support provided through our:
Mentoring scheme, matching young people aged 13-24 with volunteer mentors;
Our participation group for young people with lived experience to meet weekly and to help Imara to develop and design services for children and young people, e.g. social media takeover; recruitment and selection; inclusive language on website and leaflets;
Provision of 12 week recovery groups for young people aged over 18 years.
Page 3
## **Imara CIO**
## **Trustees' Report**
## _**Public benefit**_
Promoting recovery, supporting families to move forward and to rebuild relationships with their family members, local community and support networks.
Educating and empowering children, young people and families to rebuild family life and to support their engagement with education and employment.
Increase awareness and understanding of the dynamics of child sexual abuse and its impact on victims and survivors to the wider public, to enable them to better support children and young people, responding appropriately to disclosures and enabling safeguarding.
Involvement with local communities, universities and colleges to provide placements for trainee creative arts therapists; volunteering within the mentoring scheme; training and education for wider community.
Imara CIO works in partnership with all agencies involved in safeguarding children, young people and vulnerable adults to ensure everyone has comprehensive, relevant and up to date information to reduce the risks faced by children and young people.
Support with education, housing, employment, health and financial concerns for some of the most disadvantaged families in Nottingham and Nottinghamshire, at a point of crisis in their lives. Partnership working with Police to support them to focus on their investigation and to enable children and young people to engage with the Criminal Justice Process and provide the best evidence if the case goes to trial. Partnership working with regional sexual violence services including the Crown Prosecution Service and other local third sector forums.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
Imara continued to provide a specialist service to children and young people following a disclosure or discovery of child sexual abuse. Over the year we have received 102 referrals into our therapy service through the sub-contract to the tender for the East Midlands Children and Young Persons Sexual Assault Service. They are entitled to then receive 10 therapy sessions and wider support to safe family members. A percentage of these accepted further therapeutic support, some for the NSPCC evidence based model, Letting the Future In, that Imara has been accredited to provide as one of the national early adopters.
229 children and young people have been referred into the CHISVA service over the year and our three CHISVA's continue to develop their skills and experience, completing additional specialist training. Imara is independently accredited by Lime Culture as meeting the Quality Standards for Independent Sexual Violence Adviser Services.
Over this period we have worked directly with 616 individuals, 469 of these individuals were children & young people.
More than 375 different families engaged with support from Imara.
The board of trustees has recruited new trustees, including a new Chair and Treasurer and other trustees have moved on; our staff team has grown; we have worked with volunteers, interns and pro-bono volunteers, to offer value added services to our clients.
Our services have expanded to allow us to remain responsive to the restrictions imposed due to Covid-19 and we continue to work in a hybrid way, using our Imara premises and other venues in the County, as well as working from home when required.
Our sleep and anxiety practitioner continues to deliver a separate project supporting children, young people and family members to help them to deal with these particularly challenging issues arising from their traumatic experiences.
We work closely with professionals and have supported children and families with safeguarding concerns, including a significant number re self harm and suicidal ideation; through the Criminal Justice Process and with a host of issues relating to housing, employment, compensation, education, benefits and debt.
Page 4
## **Imara CIO**
## **Trustees' Report**
We are most proud of the achievements of children and young people who, in spite of everything they are dealing with, walk through the doors of Imara, engage with us, share their thoughts and feelings through words, pictures, behaviours, play, dance and music, remain engaged with the police investigation, including for some children being required to attend court and give evidence at a criminal trial.
We are an energetic, vibrant team of committed, creative and experienced practitioners who innovate in order to stay relevant, purposeful and sustainable in difficult times. This has been evidenced in our response to Covid-19. The team show resourcefulness and resilience in continuing to adapt to changing Covid-19 restrictions, including developing skills and experience to better meet the needs of children and young people who are often experiencing higher levels of distress as a result of the losses they have faced because of the pandemic. Clients and individuals with lived experience get involved in various transformative ways: employees; trustees; volunteers; recruitment and selection process; research participants; fundraising; planning and delivering training.
The mentoring scheme has now recruited twice and we have over 30 mentors working with young people. As restrictions lifted, they have been able to meet young people face to face.
The team are challenged to remain relevant and focused on our client group. We have excellent, established links with our partners in the statutory and voluntary sector and are well respected as specialists in our field. Training: Employees and practitioners have accessed a wide range of training, both in-service training, external training and CPD training e.g. creative arts supervision diploma; Scale Up leadership programme; dyadic art therapy course; online safeguarding.
## **Financial review**
Total income: £717,296 (2020: £423,627) Total expenditure: £620,101 (2020: £392,485) Net operating income: £97,195 (2020: £31,142)
Imara CIO reported a surplus of £97,195 (2020: £31,142) for the reporting period with closing reserves of £281,833 (2020: £184,638).
## _**Policy on reserves**_
We aim to hold reserves to cover three months operating costs. Reviewing of the policy is part of the Trustees' governance strategy on an annual basis.
## _**Major risks and management of those risks**_
## _Funding_
Short term funding grants of one year that require us to constantly re-apply and to seek new sources of funding.
We have continued to apply for various grant funding and this has enabled us to provide additional services for our clients. We continue to be enourmously grateful to our major donor for his invaluable contribution to our unrestricted funding to support salary costs; additional training for staff and to purchase art materials and other resources for our clients.
We have developed our fundraising strategy for the year and in spite of the pandemic we have continued to bring in regular small donations and fundraising with the help of our amazing supporters.
We continue to be active on social media and have grown our followers and supporter base. Imara has active Facebook, Instagram, Twitter and LinkedIn pages. This supports our fundraising and is used to promote self care and campaigning events. Our website has been reviewed and has undergone a revamp, we are mindful of improving accessibility of the service to all children and young people, particularly those who are hard to reach.
Page 5
## **Imara CIO**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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 proper 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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 of the charity on .................... and signed on its behalf by:
......................................... Bea Giaquinto Trustee
Page 6
## **Imara CIO**
## **Independent Examiner's Report to the trustees of Imara CIO**
## **Independent examiner’s report to the trustees of Imara CIO**
I report to the trustees on my examination of the accounts of Imara CIO (the Charity) for the year ended 30 April 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 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 Act.
## **Independent examiner’s statement**
Since the Charity'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 and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O’Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Date:.............................
Page 7
## **Imara CIO**
## **Statement of Financial Activities for the Year Ended 30 April 2021**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net income
Gross transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**£**
37,651
8,690
1,558
47,899
(22,963)
(22,963)
24,936
(1,556)
23,380
71,402
94,782|**Restricted**
**£**
-
669,397
-
669,397
(597,138)
(597,138)
72,259
1,556
73,815
113,236
187,051|**Total**
**2021**
**£**
37,651
678,087
1,558
717,296
(620,101)
(620,101)
97,195
-
97,195
184,638
281,833|**Total**
**2020**
**£**
40,113
376,814
6,700|
|---|---|---|---|---|
|||||423,627|
|||||(392,485)|
|||||(392,485)|
|||||31,142
-|
|||||31,142
153,496|
|||||184,638|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 19.
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19|**Unrestricted**
**£**
40,113
14,494
6,700
61,307
(27,710)
(27,710)
33,597
(5,856)
27,741
43,661
71,402|**Restricted**
**£**
-
362,320
-
362,320
(364,775)
(364,775)
(2,455)
5,856
3,401
109,835
113,236|**Total**
**2020**
**£**
40,113
376,814
6,700|
|---|---|---|---|
||||423,627|
||||(392,485)|
||||(392,485)|
||||31,142
-|
||||31,142
153,496|
||||184,638|
The notes on pages 11 to 21 form an integral part of these financial statements. Page 8
## **Imara CIO**
## **(Registration number: 1170331) Balance Sheet as at 30 April 2021**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
14
**Creditors: Amounts falling due within one year**
15
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
19
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19|**2021**
**£**
2,250
42,984
247,028
290,012
(10,429)
279,583
281,833
187,051
94,782
281,833|**2020**
**£**
3,000
62,462
127,192|
|---|---|---|
|||189,654
(8,016)|
|||181,638|
|||184,638|
|||113,236
71,402|
|||184,638|
The financial statements on pages 8 to 21 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
.........................................
Jennifer Everitt Trustee
The notes on pages 11 to 21 form an integral part of these financial statements. Page 9
## **Imara CIO**
## **Cash Flow Statement for the Year Ended 30 April 2021**
|**Note**
**Cash flows from operating activities**
Net cash income
**Adjustments to cash flows from non-cash items**
Depreciation
**Working capital adjustments**
Decrease in debtors
13
Increase in creditors
15
Net cash flows from operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
12
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 May
Cash and cash equivalents at 30 April
**Reconciliation of net cash flow to movement in net funds**
Increase in cash
Net funds at 1 May 2020
Net funds at 30 April 2021|**2021**
**£**
97,195
750
97,945
19,478
2,413
119,836
-
119,836
127,192
247,028
119,836
127,192
247,028|**2020**
**£**
31,142
750|
|---|---|---|
|||31,892
17,855
1,684|
|||51,431
(3,750)|
|||47,681
79,511|
|||127,192|
|||47,681
79,511|
|||127,192|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 11 to 21 form an integral part of these financial statements. Page 10
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Imara CIO meets the definition of a 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 notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
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.
Page 11
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Vehicles 20% straight line
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents 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.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Page 12
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from companies, trusts and similar
proceeds
Donations from individuals
Grants, including capital grants;
Government grants|**Unrestricted**
**funds**
**General**
**£**
31,631
-
6,020
37,651|**Total**
**2021**
**£**
31,631
-
6,020
37,651|**Total**
**2020**
**£**
15,113
25,000
-|
|---|---|---|---|
||||40,113|
## **3 Income from charitable activities**
|Sales & fees
Grants|**Unrestricted**
**funds**
**General**
**£**
8,690
-
8,690|**Restricted**
**funds**
**£**
-
669,397
669,397|**Total**
**2021**
**£**
8,690
669,397
678,087|**Total**
**2020**
**£**
14,494
362,320|
|---|---|---|---|---|
|||||376,814|
Page 13
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **4 Grants and donations**
|HMRC JRS
BBC Children in Need
National Lottery Community Fund
Bromley Trust
Masonic Charitable Trust
Local Giving
Help for Children
Nottinghamshire Police and Crime Commissioner
Nottingham University Hospital
School for Social Entrepreneurs
People's Health Trust
Sundry donations
CAST
Nottingham Trent University
Small Steps Big Changes
the7stars Foundation
**5**
**Income from other trading activities**
Fundraising & events|**Unrestricted**
**funds**
**£**
6,020
-
-
15,000
5,000
10,149
-
-
-
-
-
482
-
1,000
-
-
37,651
**Unrestricted**
**General**
**£**
1,558
1,558|**Restricted**
**funds**
**£**
-
71,716
127,875
-
-
-
29,561
222,289
194,099
7,000
1,575
-
8,286
-
5,996
1,000
669,397
**Total**
**2021**
**£**
1,558
1,558|**Total funds**
**£**
6,020
71,716
127,875
15,000
5,000
10,149
29,561
222,289
194,099
7,000
1,575
482
8,286
1,000
5,996
1,000|
|---|---|---|---|
||||707,048|
||||**Total**
**2020**
**£**
6,700|
||||6,700|
Page 14
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **6 Expenditure on charitable activities**
|Communication
Consultancy & advice
External training
Freelance
Fundraising expenses
Hospitality
Insurance
Legal & professional
Recruitment & DBS
Rent, room hire & utilities
Repair & maintenance
Supplies & stationery
Wages, NI & pension
Travel & subsistence
Commission expenses
External supervisor
IT & equipment
Payroll fees
Publications & subscriptions
Staff training
Volunteer expenses
Depreciation
Client activities & resources
Bank & PayPal charges
Postage
Building, furniture & fixtures|**Unrestricted**
**funds**
**General**
**£**
1,262
-
456
840
178
-
361
2,027
19
3,061
1,035
1,171
5,422
15
12
1,828
854
-
3,158
250
-
750
-
3
7
254
22,963|**Restricted**
**funds**
**£**
6,177
1,770
26,126
8,581
-
(224)
2,034
21,901
427
33,355
3,609
4,990
462,959
1,556
8
6,588
5,372
510
1,992
1,355
36
-
6,016
829
296
875
597,138|**Total**
**2021**
**£**
7,439
1,770
26,582
9,421
178
(224)
2,395
23,928
446
36,416
4,644
6,161
468,381
1,571
20
8,416
6,226
510
5,150
1,605
36
750
6,016
832
303
1,129
620,101|**Total**
**2020**
**£**
4,866
3,780
469
15,853
1,863
1,431
1,322
3,989
123
34,782
5,204
6,836
289,235
7,787
60
6,477
1,619
1,067
2,048
2,822
102
750
-
-
-
-|
|---|---|---|---|---|
|||||392,485|
## **7 Net incoming/outgoing resources**
Net incoming resources for the year include:
Depreciation of fixed assets
|**2021**||**2020**||
|---|---|---|---|
|**£**||**£**||
||750||750|
Page 15
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **8 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2021**
**£**
431,967
25,181
11,233
468,381|**2020**
**£**
260,865
20,712
7,658|
|---|---|---|
|||289,235|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Average number of employees|**2021**
**No**
21|**2020**
**No**
15|
|---|---|---|
21 (2020 - 11) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £11,233 (2020 - £7,658).
No employee received emoluments of more than £60,000 during the year
The total employee benefits of the key management personnel of the charity were £49,904 (2020 - £47,912).
## **9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Independent examiner's fees**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Independent examination
Other financial services|**2021**
**£**
825
1,557
2,382|**2020**
**£**
825
1,887|
|---|---|---|
|||2,712|
## **11 Related party transactions**
There were no related party transactions in the year.
Page 16
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **12 Tangible fixed assets**
|**12 Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost**
At 1 May 2020
At 30 April 2021
**Depreciation**
At 1 May 2020
Charge for the year
At 30 April 2021
**Net book value**
At 30 April 2021
At 30 April 2020
**13 Debtors**
Prepayments
Other debtors
**14 Cash and cash equivalents**
Cash on hand
Cash at bank
**15 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Other creditors||**Vehicles**
**£**
3,750||**Total**
**£**
3,750
3,750
750
750
1,500
2,250
3,000
**2020**
**£**
9,979
52,483|
|||3,750|||
|||750
750|||
|||1,500|||
|||2,250|||
|||3,000|||
|||**2021**
**£**
17,758
25,226
42,984
**2021**
**£**
-
247,028
247,028
**2021**
**£**
7,603
-
2,826
10,429|||
|||||62,462|
|||||**2020**
**£**
50
127,142|
|||||127,192|
|||||**2020**
**£**
385
5,267
2,364|
|||||8,016|
Page 17
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **16 Obligations under leases and hire purchase contracts**
## **Operating lease commitments**
Total future minimum lease payments under non-cancellable operating leases are as follows:
|**Land and buildings**
Within one year
Between one and five years|**2021**
**£**
27,500
36,667
64,167|**2020**
**£**
27,500
64,167|
|---|---|---|
|||91,667|
## **17 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **18 Analysis of net assets between funds**
## **Unrestricted**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
2,250
95,517
(2,985)
94,782
**Unrestricted**
**General**
**£**
3,000
71,511
(3,109)
71,402|**Restricted**
**£**
-
194,495
(7,444)
187,051
**Restricted**
**£**
-
118,143
(4,907)
113,236|**2021**
**Total funds**
**£**
2,250
290,012
(10,429)|
|---|---|---|---|
||||281,833|
||||**2020**
**Total funds**
**£**
3,000
189,654
(8,016)|
||||184,638|
Page 18
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **19 Funds**
|**Unrestricted funds**
**_General_**
General
**Restricted funds**
Open Mic' Project (People's
Health)
Imara Early Intervention
(National Lottery)
CHISVA (Notts Police)
Letting the Future In (HFC)
SARC NHS
Step Up (Boots)
Gardening project (Browne
Jacobson)
MOJ Covid grant
Scale Up (SSE)
Wheatcroft
Mentoring project (Youth
Fund)
Letting the Future In (CIN)
Sleep and Anxiety
Practitioner (CIN)
Catalyst
Covid (HFC)
Covid response (National
Lottery)
SSBC
the7stars Foundation
**Total restricted funds**
**Total funds**|**Balance at 1**
**May 2020**
**£**
71,402
4,701
63,783
-
10,503
5,490
1,907
1,481
(45)
(329)
3,674
12,659
446
8,966
-
-
-
-
-
113,236
184,638|**Incoming**
**resources**
**£**
47,899
1,575
99,318
185,749
13,125
194,099
-
-
36,540
7,000
-
-
68,684
3,032
8,286
16,436
28,557
5,996
1,000
669,397
717,296|**Resources**
**expended**
**£**
(22,963)
(376)
(56,944)
(186,015)
(17,705)
(167,634)
(1,518)
-
(35,948)
(1,539)
(3,674)
(11,403)
(44,355)
(9,777)
(9,576)
(16,436)
(28,557)
(4,973)
(708)
(597,138)
(620,101)|**Transfers**
**£**
(1,556)
-
-
266
-
-
-
-
-
-
-
-
-
-
1,290
-
-
-
-
1,556
-|**Balance at**
**30 April**
**2021**
**£**
94,782
5,900
106,157
-
5,923
31,955
389
1,481
547
5,132
-
1,256
24,775
2,221
-
-
-
1,023
292|
|---|---|---|---|---|---|
||||||187,051|
||||||281,833|
The transfers from the General fund to the Catalyst and CHISVA funds is to cover the deficit on these activities.
Page 19
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
The specific purposes for which the funds are to be applied are as follows:
• The ‘Open Mic' project is funded by the People's Health Trust and offers a group space for young people to meet to play musical instruments, sing and write songs alongside musicians and therapists. They will also produce and record their material as a group.
• The National Lottery funds Imara's Early intervention service, offering therapeutic assessment and intervention and ongoing support for children, young people and vulnerable adults.
• The CHISVA funding provides emotional, practical and advocacy support for children, young people and families through the Criminal Justice Process. Referrals to the service are for victims/survivors under the age of 18 who have disclosed sexual abuse or assault in the Nottingham City and County Area.
• Help For Children funding is for the development of an evidence based therapeutic model 'Letting the Future In' in partnership with NSPCC.
• The NHS SARC funding provides ten therapy sessions for each child referred to our service. These therapy sessions provide early intervention strategies to reduce acute stress symptoms, psycho-education to help children and young people to make sense of what has happened and therapy interventions to promote emotional and physical wellbeing.
• Gardening project (Browne Jacobson) - to support families and children to grow together through small family group workshops.
• Step up (Boots) - funding for a volunteer co-ordinator to support the promotion of volunteering at Imara and to recruit and build our volunteer base.
• Letting the Future In (CIN) - funding for therapeutic team to provide an evidence based model of therapy for children and young people.
• Sleep and Anxiety Practitioner (CIN) - funding to deliver support to children with sleep and anxiety difficulties.
• Wheatcroft - support and advocacy to families affected by child sexual abuse.
• Mentoring project (Youth Fund) - start-up and delivery of Mentoring project.
• MOJ Covid - additional funding for the service in response to Covid-19, providing resources for premises to reduce Covid risks and providing funding for salaries-CHISVA and Therapy.
• Scale Up (SSE) - matched funding re trading income over a 12 month period whilst CEO attending Scale up Programme, designed to build sustainability in organisation.
• Catalyst - training and equipment to build our digital capacity.
• Covid (HFC) - 6 month funding in addition to earlier grant in response to Covid-19, supporting therapeutic provision with LTFI.
• SSBC - provision of music groups for small children and parents, delivered by Rainbow Stripes.
• the7stars Foundation - grants for disadvantaged individuals and a Covid grant for additional resources for children at Imara.
Page 20
## **Imara CIO**
## **Notes to the Financial Statements for the Year Ended 30 April 2021**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Unrestricted funds**
**_General_**
General
**Restricted**
Open Mic' Project (People's
Health)
Imara Early Intervention
(National Lottery)
CHISVA (Notts Police)
Letting the Future In (HFC)
SARC NHS
Step Up (Boots)
Gardening project (Browne
Jacobson)
Refurbishment (Pebble
Trust)
Kelly Foundation
MOJ Covid grant
Scale Up (SSE)
Wheatcroft
Workplace travel
Mentoring project (Youth
Fund)
Letting the Future In (CIN)
Sleep and Anxiety
Practitioner (CIN)
**Total restricted funds**
**Total funds**|**Balance at 1**
**May 2019**
**£**
43,661
5,777
56,700
16,137
6,118
-
9,724
1,989
500
-
-
-
-
-
-
-
-
96,945
140,606|**Incoming**
**resources**
**£**
61,307
11,029
96,709
108,525
36,000
35,400
-
-
-
5,000
-
-
5,374
8,354
12,659
33,470
9,800
362,320
423,627|**Resources**
**expended**
**£**
(27,710)
(12,105)
(89,626)
(133,200)
(31,615)
(29,910)
(7,817)
(508)
(500)
(5,000)
(45)
(329)
(1,700)
(5,672)
-
(33,024)
(834)
(351,885)
(379,595)|**Transfers**
**£**
(5,856)
-
-
8,538
-
-
-
-
-
-
-
-
-
(2,682)
-
-
-
5,856
-|**Balance at**
**30 April**
**2020**
**£**
71,402
4,701
63,783
-
10,503
5,490
1,907
1,481
-
-
(45)
(329)
3,674
-
12,659
446
8,966|
|---|---|---|---|---|---|
||||||113,236|
||||||184,638|
Page 21