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2021-09-30-accounts

BOUNCE FORWARD

Charitable Incorporated Organisation Registration No: 1170591

FINANCIAL STATEMENTS

~ for the year ended ~ 30 September 2021

FISHER PHILLIPS LLP

Chartered Accountants Summit House 170 Finchley Road London NW3 6BP

BOUNCE FORWARD

FOR THE YEAR ENDED 30 SEPTEMBER 2021

LEGAL AND ADMINISTRATIVE INFORMATION

The trustees: Sharon Waterman
David Triesman
Martin Bellamy (Chair)
Principal place of business: 23 Heath Drive
Ware
Herts
SG12 0RE
Independent Examiner: Fisher Phillips LLP
Summit House
170 Finchley Road
London
NW3 6BP
Bankers: NatWest Bank Plc
59 High Street
Ware
Herts
SG12 9AB

BOUNCE FORWARD

FOR THE YEAR ENDED 30 SEPTEMBER 2021

CONTENTS

Pages
Trustees' Report 1-4
Independent Examiner's Report 5
Statement of financial activities 6
Balance sheet 7
Statement of cash flows 8
Notes to the accounts 9-14

BOUNCE FORWARD Charitable Incorporated Organisation Registration No: 1170591 TRUSTEES REPORT

FOR THE YEAR ENDED 30 SEPTEMBER 2021

The trustees present their report together with the financial statements of the charitable incorporated organisation for the period 1 October 2020 to 30 September 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the financial statements of the charitable incorporated organisation.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charitable incorporated organisation's governing document, the Charities Act 2011 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.

Trustees

The following trustees held office during the period

Sharon Waterman

David Triesman Martin Bellamy (Chair)

Principal place of business:

23 Heath Drive Ware Herts SG12 0RE

Appointment of trustees is governed by the constitution of the charitable incorporated organisation. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.

Powers

The constitution of the charitable incorporated organisation authorises the trustees to do anything which is calculated to further its objects or is conducive or incidental to doing so.

Structure, objects, governance and management

Bounce Forward is registered as a charitable incorporated organisation (Registered number 1170591) on 6 December 2016 and is governed in accordance with its constitution and the requirements of the Charities Commission and best practice guidelines.

The objects of the charitable incorporated organisation are to promote lawful charitable activities as stated in its constitution.

The management, operation and governance of the charitable incorporated organisation are the responsibility of the Trustees as appointed under the terms of its constitution. All trustees give of their time freely and are unremunerated, and cover their own expenses. There are currently three trustees.

All trustees have been made aware of their responsibilities and operate under the best practice code as recommended by the Charities commission.

The trustees have ensured that they have complied with section 17 of the Charities act 2011 with due regard to public benefit and are happy that they are continuing to provide Charitable services to the community.

(1)

BOUNCE FORWARD Charitable Incorporated Organisation Registration No: 1170591 TRUSTEES REPORT (continued)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Objectives and activities

The objects of the charitable incorporated organisation is to advance the education of the public in the subject of skills to reach ones full potential

Bounce Forward are specialists in delivering practical training for adults and providing high quality teaching materials to develop the psychological fitness of young people. Psychological fitness combines mental resilience and emotional intelligence, the critical skills of the future. We believe young people (and the adults around them) are resourceful and capable of fixing their own problems, and being agents for the change needed that are in the best interests of humanity. Psychological fitness is not part of the core curriculum in school, and parents need support to build their children's capacity to thrive in the world, and that is why our work is so vital.

Bounce Forward has been an independent charity since December 2016, originally under the name How to Thrive. Although we are a charity, historically we have not looked to donations or corporate sponsorship for income. During the Covid-19 pandemic, we reviewed and updated our approach, and began actively exploring this towards the end of this financial year.

Our Vision

A nation where young people are psychologically fit and equipped so they thrive in life.

Our Mission

To provide relevant and practical training, skills and resources that build mental resilience and emotional intelligence in young people and the adults around them.

Our Principles

• Be genuine – We are grounded in the real world and practical in our approach. If we are not the right solution to your problem we will tell you.

The Value in what we do

• We teach skills and strategies that work in the real world. •The adults matter: their role is vital in helping children and young people to be psychologically healthy. •The personal development of young people is as important in society as academics.

Our approach is based on this simple premise – “if we want children and young people to be psychologically fit, we (adults) must be mentally resilience and emotionally intelligent ourselves.” We provide flexible, practical programmes that transform behaviour and learning in schools, in wider education settings and with parents. Our work is centred around skills and competencies that matter for individuals, for wider society, and for humanity. The output (behaviour) we aim to see is broken down into 5 key areas: . Flexible and realistic thinking

. Self-awareness and compassion

Our training courses prepare participants through discussion and with feedback from the qualified training team. Research has identified that the quality of the teacher training is paramount for achieving successful outcomes for children and young people. Investing time to learn how adults can be more psychologically fit is vital to achieving positive outcomes for young people (and them personally). Bounce Forward training and lessons mean students (and staff):

. How to deal better with education and life pressures so they bounce forward in and beyond school.

. The mental resilience skills to think flexibly and realistically to adapt and respond to challenges and make the most of opportunities.

. The emotionally intelligent capacity for empathy, compassion and hope.

. How to be proactive agents for change about the things they care about, and that matter most for humanity.

(2)

BOUNCE FORWARD Charitable Incorporated Organisation Registration No: 1170591 TRUSTEES REPORT (continued)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

From 2012 - 2018 Bounce Forward researched a resilience-based PSHE curriculum with 11,000 students in 34 schools over 5 years, the project is called Healthy Minds. Funded by the Education Endowment Foundation and run in partnership with the London School of Economics, the largest ever study of its kind shows the impact of good quality teaching and learning on important outcomes. Healthy Minds is considered the only evidenced based suite of its kind. The Department for Education and HM Treasury include Healthy Minds in guidance when considering the economic arguments for building wellbeing. It was also showcased at the All Party Parliamentary Group for Children’s Wellbeing in December 2021.The curriculum is now available to all schools. The results of the Healthy Minds trial, released in November 2018, show striking average improvements compared with a control group. For example, a typical pupil whose global health is initially ranked as average rises to the 60th percentile – by 10 whole points out of 100. The Healthy Minds curriculum can increase pupils’ satisfaction with their lives as much as when an adult finds a life partner. The academic outcomes are delayed, due to Covid-19 and will be released in 2022 by the National Institute of Economic and Social Research.

This year we reached 3,796 teachers and parents. We have trained 1,240 staff in 169 schools to implement Bounce Forward lessons. 61% of the 169 schools we have reached are new to our community. We have worked with 2,556 parents. Impact and evaluation is an important aspect to our work and we are delighted to report that 99% of participants agree or strongly agree with the following 4 statements:

. I found the training useful

There are many charities offering therapeutic interventions to children who have symptoms of mental illness: their focus is on cure. Bounce Forward is unique: we focus on prevention for all children regardless of their mental health status. We deliver a primary preventative method, teaching the skills of psychological fitness, through our schools. Our work simultaneously prevents mental illness and promotes thriving. We have solid evidence that our method has a positive impact on mental health. But there is another powerful reason for our work: because psychological fitness is the most needed skill and strength of our world already and will increasingly become so in the future.

Whilst our work on the ground is the training of teachers and parents to build children’s resilience, our larger collective wider ambition goes far beyond that. We want to change the face of our education system, by adding a third crucial ingredient to the existing focus on academic success and physical health. We want psychological fitness to be a compulsory subject of our school curriculum.

This year we will continue with ambitious plans and will grow the organisation. Our three key work streams are to: Build a movement of schools; penetrate health budgets, and develop our charity income. Our 3 year growth plan will see our operations increase, build our capacity and sustain our future.

(3)

BOUNCE FORWARD Charitable Incorporated Organisation Registration No: 1170591 TRUSTEES REPORT (continued)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Financial Review

During the year, the charitable incorporated organisation received Unrestricted income totalling £173,425 (2020: £139,555) and Restricted income totalling £28,665 (2020: £Nil).

The charitable incorporated organisation incurred Unrestricted charitable expenses of £195,048 (2020: £157,259) and Restricted charitable expenses of £11,311 (2020: £Nil) during the year.

As at the year end, the charitable incorporated organisation had net assets of £34,002 (2020: £38,271).

Risk Management

The trustees have a risk management procedure and systems which are reviewed on a quarterly basis by the board. The Trustees are satisfied that all risks are managed appropriately.

Plans for the future

The charitable incorporated organisation (CIO) plans to continue achieving its objects in accordance with its constitution.

Reserves policy

It is the policy of the trustees to maintain sufficient unrestricted reserves to allow the charitable incorporated organisation to meet its objects and cover all expenditure. The trustees have established a policy whereby a sufficient reserve is maintained to cover 3 months of fixed costs.

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees’ Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial period which give a true and fair view of the charitable incorporated organisation's financial activities during the period and of its financial position at the end of the period. In preparing those financial statements, the trustees are required to:

(a) select suitable accounting policies and apply them consistently;

(b) observe the methods and principles of the Charities SORP (FRS 102);

(c) make judgments and estimates that are reasonable and prudent;

(d) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; (e) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charitable incorporated organisation will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable incorporated organisation 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 CIO's constitution. They are also responsible for safeguarding the assets of the charitable incorporated organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

On behalf of the board of trustees on 28 March 2022.

Martin Bellamy (Chair) Trustee

Sharon Waterman Trustee

(4)

BOUNCE FORWARD Charitable Incorporated Organisation Registration No: 1170591

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Bounce Forward

FOR THE YEAR ENDED 30 SEPTEMBER 2021

The trustees present their report together with the financial statements of the charitable incorporated organisation for the year ended 30 September 2021. The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the trust deed and applicable law.

Respective responsibilities of trustees and examiner

The charitable incorporated organisation's trustees are responsible for the preparation of the accounts. The charitable incorporated organisation's trustees consider that an audit is not required this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charitable incorporated organisation is not subject to audit and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable incorporated organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements:

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

C Harvey FCCA, CTA

Date: 28 March 2022

Fisher Phillips LLP Chartered Accountants Summit House 170 Finchley Road London NW3 6BP

(5)

BOUNCE FORWARD Statement of financial activities

(incorporating an income and expenditure account) FOR THE YEAR ENDED 30 SEPTEMBER 2021

Note
Income from:
Donations and legacies
3
Charitable activities:
4
Training and education
Grants received
Other income
Investment income
5
Total income
Expenditure on:
Raising funds
6
Charitable activities:
6
Training and education
Advice and advocacy
Other
Total expenditure
Transfer between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure) for the year		 Unrestricted
£
3,702
165,368
-
4,354
-
173,425
-
136,938
58,110
-
195,048
-
(21,623)
38,271
16,648
(21,623)		 Restricted
£
-
-
28,665
-
-
28,665
-
11,311
-
-
11,311
17,354
-
17,354
17,354		 2021
Total
£
3,702
165,368
28,665
4,354
-		 2020
Total
£
382
130,748
-
8,425
-
202,090 139,555
-
148,249
58,110
-		 -
98,404
58,855
-
206,359 157,259
-
(4,269)
38,271
(4,269)		 -
(17,704)
(17,704)
55,975
34,002 38,271

All of the above results are derived from continuing activities.

There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

(6)

BOUNCE FORWARD Balance sheet

As at 30 September 2021

Note
Fixed assets:
10
Current assets:
Debtors
11
16
Liabilities:
12
14
Total unrestricted funds
Charitable Incorporated Organisation registration no. 1170591
Martin Bellamy (Chair)
Trustee
Net current assets / (liabilities)
Total net assets / (liabilities)
Funds
Restricted funds
Cash at bank and in hand
Creditors: amounts falling due within one year
Total funds
Approved by the trustees on 28 March 2022
and signed on their behalf by:
Unrestricted funds:
Designated funds
Revaluation reserve
General funds
Tangible assets		 2021
£
13,935
49,184		 2021
£
720
33,282
34,002
17,354
16,648
34,002		 2020
£
1,404
60,659
62,063
(23,792)
-
-
38,271		 2020
£
-
38,271
38,271
-
38,271
38,271
63,119
(29,837)
-
-
16,648
Sharon Waterman
Trustee

The attached notes form part of the financial statements.

(7)

BOUNCE FORWARD

Statement of cash flows FOR THE YEAR ENDED 30 SEPTEMBER 2021

Note
2021
£
15
Cash flows from investing activities:
Interest/ rent/ dividends from investments
-
Sale/ (purchase) of fixed assets
-
Sale/ (purchase) of investments
-
Cash provided by / (used in) investing activities
Cash flows from financing activities:
Repayments of borrowing
-
Cash inflows from new borrowing
-
Receipt of endowment
-
Cash provided by / (used in) financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
16
The attached notes form part of the financial statements.
Net cash provided by / (used in) operating activities
Change in cash and cash equivalents due to exchange
rate movements		 Note
2021
£
15
Cash flows from investing activities:
Interest/ rent/ dividends from investments
-
Sale/ (purchase) of fixed assets
-
Sale/ (purchase) of investments
-
Cash provided by / (used in) investing activities
Cash flows from financing activities:
Repayments of borrowing
-
Cash inflows from new borrowing
-
Receipt of endowment
-
Cash provided by / (used in) financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
16
The attached notes form part of the financial statements.
Net cash provided by / (used in) operating activities
Change in cash and cash equivalents due to exchange
rate movements		 2021
£
(11,475)
-
-
(11,475)
60,659
-
49,184		 2020
£
-
-
-		 2020
£
(32,771)
-
-
-
-
-		 -
-
-
(32,771)
93,430
-
60,659

(8)

BOUNCE FORWARD Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

1 Accounting policies

a) Basis of preparation

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) - (Charities SORP FRS 102).

The charitable incorporated organisation 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 or note.

b) General information

The charity is a charitable incorporated organisation (CIO), incorporated in England and Wales (charitable incorporated organisation registration number 1170591). The charitable incorporated organisation was incorporated on 06 December 2016. The charitable incorporated organisation communication address is: 23 Heath Drive, Ware, Herts, SG12 0RE.

c) Going concern

The trustees consider that there are no material uncertainties about the charitable incorporated organisation's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

d) Income

Income is recognised when the charitable incorporated organisation has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charitable incorporated organisation has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

For legacies, entitlement is taken as the earlier of the date on which either: the charitable incorporated organisation is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charitable incorporated organisation that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charitable incorporated organisation has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charitable incorporated organisation, or the charitable incorporated organisation is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

e) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charitable incorporated organisation has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charitable incorporated organisation of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charitable incorporated organisation which is the amount the charitable incorporated organisation would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

(9)

BOUNCE FORWARD Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

1 Accounting policies (continued)

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charitable incorporated organisation; this is normally upon notification of the interest paid or payable by the bank.

g) Fund accounting

h) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Debtors

k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

l) Creditors and provisions

m) Financial instruments

The charitable incorporated organisation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

(10)

BOUNCE FORWARD

Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

2 Detailed comparatives for the statement of financial activities

Income from:
Donations and legacies
Charitable activities:
Training and education
Grants received
Other income
Investment income
Total income
Expenditure on:
Raising funds
Charitable activities:
Training and education
Advice and advocacy
Other
Total expenditure
Total funds brought forward
Total funds carried forward
Income from donations and legacies
Gifts
Donations received
Legacies
Income from charitable activities
Training and education
Grants received:
Big Issue Invest
Bedfordshire & Luton Community Foundation
Other income
Total income from charitable activities
Income from investments
Bank interest
Rent
Investment income
Net income / expenditure and net movement in
funds		 £
-
3,702
-
3,702
Unrestricted
£
165,368
-
-
4,354
169,722
Unrestricted
£
-
-
-
-
Unrestricted		 Unrestricted
£
382
130,748
-
8,425
-
139,555
-
98,404
58,855
-
157,259
55,975
38,271
£
-
-
-
-
£
-
24,500
4,165
-
28,665
£
-
-
-
-
Restricted
Restricted
(17,704)
Restricted		 Restricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
2021
Total
£
-
3,702
-
3,702
2021
Total
£
165,368
24,500
4,165
4,354
198,387
2021
Total
£
-
-
-
-
-		 2020
Total
£
382
-
130,748
-
8,425
-
139,555
-
-
98,404
58,855
-
157,259
55,975
(17,704)
38,271
2020
Total
£
-
382
-
382
2020
Total
£
130,748
-
-
8,425
139,173
2020
Total
£
-
-
-
-

3 Income from donations and legacies

(11)

Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

BOUNCE FORWARD

6 Analysis of expenditure

Basis of
allocation
Developing / course materials
Impact assessment and research
Printing, postage and stationery
Office expenses
Refreshments
Project administration - Restricted
Computer running costs
Telephone
Salary / cover costs
Training and delivery costs
Advertising / Publicity costs
Travel and subsistence
Legal and professional fees
Sundry expenses
Venue hire costs
Consultancy fees
Bookkeeping fees
Depreciation
Bank Charges
Independent examiner's fees
Support costs
50%
Governance costs
50%
Total expenditure 2021
Total expenditure 2020		 £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Cost of
raising
funds		 Charitable activities Charitable activities Support
costs
£
-
-
232
810
249
-
4,835
96
96,483
-
6,488
1,187
606
133
-
250
3,000
139
152
-		 £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,560
Governance
costs		 2021
£
14,799
4,776
232
810
249
11,311
4,835
96
96,483
59,253
6,488
1,187
606
133
-
250
3,000
139
152
1,560		 2020
£
-
5,000
4,772
257
2,794
-
3,752
127
89,118
34,549
5,080
4,491
853
133
3,128
-
1,283
-
361
1,560
Training/
education
£
14,799
4,776
-
-
-
11,311
-
-
-
59,253
-
-
-
-
-
-
-
-
-
-		 Advice /
advocacy
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 90,139
57,330
780		 -
57,330
780		 114,660
(114,660)
-		 1,560
(1,560)		 206,359
-
-		 157,259
-
-
- 148,249 58,110 - - 206,359 157,259
- 98,404 58,855 - - 157,259

Of the total expenditure, £195,048 (2020: £157,259) was unrestricted and £11,311 (2020: £Nil) was restricted

(12)

BOUNCE FORWARD Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

7
Net income / (expenditure) for the year
This is stated after charging / (crediting):
Auditor's remuneration:
Independent examiner's fees
8
Analysis of staff costs, trustees remuneration and expenses
Staff costs were as follows:
Salaries and wages
Social security costs
Pension costs		 2021
£
1,560
2021
£
82,697
9,792
3,994
96,483		 2020
£
1,560
2020
£
78,141
7,819
3,158
89,118

The trustees of the charitable incorporated organisation (CIO) were not paid or received any other benefits from employment with the CIO in the period neither were they reimbursed expenses during the period. No trustee of the charitable incorporated organisation received payment for professional or other services supplied to the CIO.

Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Charitable activities

2021
No.
3
3		 2020
No.
2
2

9 Taxation

The charitable incorporated organisation is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10
Tangible fixed assets
Cost
At the start of the year
Additions in year
Disposals in year
At the end of the year
Depreciation
At the start of the year
Charge for the year
Eliminated on disposal
At the end of the year
Net book value
At the end of the year
At the start of the year		 £
-
-
-
Freehold
property		 £
-
-
-
Fixtures and
fittings		 £
-
859
-
Equipment		 £
-
-
-
-
-
-
-
-
-
-
Motor
vehicles		 £
-
859
-
- - 859 859
-
-
-		 -
-
-		 -
139
-		 -
139
-
- - 139 139
- - 720 720
- - - -

All of the above assets are used for charitable purposes.

11 Debtors

Trade debtors
Prepayments
12
Creditors: amounts falling due within one year
Accruals
Income received in advance
Trade creditors
13
Analysis of net assets between funds
Net current assets
Net assets at the end of the year		 General
unrestricted
£
16,648		 Designated
£
-		 Restricted
£
17,354		 2021
£
12,430
1,505
13,935
2021
£
2,505
21,944
5,388
29,837
2021 Total
funds
£
34,002
34,002		 2020
£
1,015
389
1,404
2020
£
2,060
17,301
4,431
23,792
2020 Total
funds
£
38,271
16,648 - 17,354 38,271

(13)

BOUNCE FORWARD Notes to the financial statements FOR THE YEAR ENDED 30 SEPTEMBER 2021

Movements in funds
Restricted funds:
Big Issue Invest
Bedfordshire & Luton Community Foundation
Total restricted funds
Unrestricted funds:
Designated funds:
Total designated funds
General funds
Total unrestricted funds
Total funds		 £
-
-
At the start of
the period		 £
24,500
4,165
Incoming
resources &
gains		 £
(8,316)
(2,995)
Outgoing
resources &
losses		 Transfers
£
-
-
-
-
-
-
-		 £
16,184
1,170
At the end
of the
period
- 28,665 (11,311) 17,354
- - - -
38,271 173,425 (195,048) 16,648
38,271 173,425 (195,048) 16,648
38,271 202,090 (206,359) 34,002

Purposes of restricted funds

Funding received from Big Issue Invest and Bedfordshire & Luton Community Foundation are to be used solely for the objects of the charitable incorporated organisation in the following way:

Big Issue Invest:

To reach and train teachers from 57 early years settings in the CIO's Think Equal Programme which also includes professional training for staff.

Bedfordshire & Luton Community Foundation:

To deliver Resilient Futures for 100 young people in schools in central Bedfordshire and to evaluate the impact.

15 Reconciliation of net income / (expenditure) to net cash flow from operating activities

Net income / (expenditure) for the reporting period
(as per the statement of financial activities)
(Increase)/ decrease in fixed assets
(Increase)/ decrease in debtors
Increase/ (decrease) in creditors
Net cash provided by / (used in) operating activities
Analysis of cash and cash equivalents
Cash at bank and in hand
Deposits (less than three months)
Overdraft facility (repayable on demand)
Total cash and cash equivalents		 £
60,659
-
-
At 01 October
2020		 Cash flows
£
(11,475)
-
-		 £
-
-
-
Other
changes		 2021
£
(4,269)
(720)
(12,531)
6,045
(11,475)
£
49,184
-
-
49,184
At 30
September
2021		 2020
£
(17,704)
-
1,042
(16,109)
(32,771)
£
60,659
-
-
At 30
September
2020
60,659 (11,475) - 60,659

16 Analysis of cash and cash equivalents

17 Legal status of the charity

The charity is a charitable incorporated organisation incorporated on 06 December 2016. In the event of the charitable incorporated organisation being wound up, the members of the charitable incorporated organisation have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

18 Related party transactions

There are no related party transactions to disclose for 2021.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

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