2021-03-31-accounts - The Odell Trust

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EODELL TRL/sr Est 1984 ANNUAL REPORT 2020-2021

Registered Company Number 10371450 Registered Charity Number: 1170810 Chairman’s Report

This has been a difficult year for everyone but I think that the Odell Centre has managed to continue to provide a service, albeit not a normal service, to all our members. Most of the employees have been on furlough at some point in the year but the centre has been kept going by office staff working from home or an empty centre. Grateful thanks to all our employees for the way they have devised new activities whilst working in difficult circumstances when we were able to re-open.

It is with sadness that I have to report the death of two of our founder members during the year. Ken Peers, who was our Chairman for many years who became our Honorary President when he stood down and Joyce Coley, who was Vice Chairman, Chairman and then Patron of the Trust. They were the driving force behind the setting up of the original trust and securing the use of our current premises and everyone is very grateful for the work they did on behalf of the members.

We have been joined on the Board by two new trustees; Keith Slater and Alan Wardle. They have both managed over time, to acquaint themselves with what is happening within the trust despite not having been in the centre after appointment, or having the chance to meet their fellow trustees because of all the restrictions.

During the year all the meetings of the trustees have been held on Zoom. Many of these were updates on precautions being taken and confirmation of measures being put in place for our eventual re-opening in September. Thanks to my colleague Sue Nicholl for fac ilitating these meetings.

Some of our members chose not to return when the centre reopened, but most came back to enjoy the limited activities we were able to provide. Our financial position remains steady and, as far as our future plans are concerned, we are still in negotiations to rent additional space and possibly buy the whole building so that we can increase the numbers of people we can welcome into our centre.

Finally, grateful thanks to everyone who has continued to support us throughout the year. Grants and donations are recognised elsewhere in the report, but I would like to make particular reference to Worcestershire County Council, who have helped us cover the costs associated with re-opening the centre.

Ann Masters

Manager’s Report

At the start of this reporting period (April 2020), the UK was just a week and a half into the first lockdown of Covid-19. The Odell Centre has been greatly affected by the impact of Covid-19, not least by the fact that our centre was closed for some 5 ½ months. Our day service literally came to a standstill overnight and sadly, there have been very few positives to take from Covid-19 descending upon us.

The greatest impact from Covid-19 has been on our members who attend the Odell Centre. The Odell Centre belongs to them. It is a place to come along and meet their friends and to participate in stimulating activities. So, for the centre to close for an extended period, due to the impact of Covid-19, has been dreadful for our members. It has had a major impact on the mental well-being of many of them, to an extent that some never returned upon our reopening at the beginning of September.

When we first closed at short notice, most staff were furloughed, with office staff working from home and myself as the solitary staff member on site. All members received a weekly phone call from staff and a plan was put into place with regards to posting out weekly activity packs, commensurate with the size of the individual member’s day service package. As the weeks and months passed by, Zoom calls were introduced to keep in touch with members and as the initial Covid-19 rules were slightly relaxed, activity pack deliveries were made in person by staff, to give a more personal approach to maintaining contact with members.

Retirements during this period included Mary Vessey and Lorna Smith-Shaw in December 2020, both of whom served the Odell for over 25 years. Mary was employed in various roles during her time working for the Trust - Deputy Manager, Activity Coordinator and Kitchen Assistant. Lorna worked in the office as the members’ admin assistant. Anneliese Dudley also retired as an activity coordinator in September 2020, but will continue to work for the Odell as bank staff as and when required. Many of the staff completed online training during the year to maintain their skills and competences.

The few positives to come out of Covid-19 relate to the excellent work of the staff during this period to help to keep the centre as safe and as clean an environment as possible and to adhere strictly to Government advice. So far, we have spent in the region of £40,000 on safety measures, introduced as a direct result of Covid-19. This heavy financial outlay has been fully justified however, because once we reopened on 7[th] September, we have not been greatly impacted by Covid-19 outbreaks here, even though our day service takes place predominantly in an enclosed traditional day centre environment.

Craig Darby

Covid-19 Safety & Hygiene Precautions

During the 5 ½ month period that we were closed leading up to September 7[th] , we implemented numerous measures with no expense spared, to make the Odell Centre as safe as possible in the circumstances. These measures have included ripping up all carpets in the building and replacing with anti-slip vinyl flooring, replacing all windows to improve air circulation and having bespoke Perspex partition screens made to aid social distancing. We have also invested in a floor scrubbing machine, fogging unit and an automatic temperature reading machine. Large quantities of PPE and hand sanitizer were bought and an enhanced cleaning schedule was introduced.

Perspex screens on tables

Cupboard full of PPE supplies

In order for us to reopen our day service to our members, other behind the scenes measures had to be completed, which included a review of our Covid-19 health and safety measures and the introduction of Covid-19 related risk assessments regarding our premises and vehicles, individual members and individual activities. Those staff still on furlough returned to work at the beginning of September, ahead of our members returning to the centre a week later.

To help our members understanding of social distancing, we bought coloured circular rubber mats and spaced them out on the floor throughout the centre as a visual aid.

Activities

Once the initial shock of the speed of closure of the centre was over, staff not on furlough began to organise activities for members that they could undertake at home. All members received a weekly phone call from staff and a plan was put into place with regards to posting out weekly activity packs, commensurate with the size of individual member’s day service package. Weekly activity packs were posted out or delivered by hand to our members, mainly arts and craft based activities but also quizzes. In addition, we sent out gardening type activities, including growing plants from seed and also cooking activity packs. We introduced Zoom sessions, so that members at home could join in, including bingo, quizzes, cooking sessions and dance for wellbeing.

As the weeks and months passed by, Zoom calls were introduced to keep in touch with members and as the initial Covid-19 rules were slightly relaxed, activity pack deliveries were made in person by staff to give a more personal approach to maintaining contact with members.

Working from home

As Lockdown 1 progressed, some staff were taken off furlough to carry out much needed functions, such as work at the Odell’s allotments, including the introduction of raised beds and flat slabbing areas at our Franche allotment site.

In order for us to reopen our day service to our members, other behind the scenes measures had to be completed. Those staff still on furlough, returned to work at the beginning of September to prepare the centre, ahead of our members returning a week later.

When the Odell Centre reopened on September 7[th] , there were a number of activities, which, due to Government legal restrictions in place, we simply have not been able to reintroduce. These include all sport and fitness type activities and also music / singing activities and beauty / pampering sessions. For an extended period, we have had to open with a very limited and restrictive timetable of activities for our members.

However, the staff have been very creative at organising activities that could be undertaken, despite of the restrictions in place. These were mainly art or craft based.

We were able to run more activities at our Franche allotment site as part of the Work Train programme. During this period, early potatoes, onions and shallots were planted, along with Swiss chard. Raised beds were painted, as was the fencing we erected around the perimeter of our allotment plot.

Christmas

Unfortunately, due to the impact of Covid-19, the Christmas period, which in normal times is a magical and joyous time at the Odell Centre, was alas, very limited this year, due to the severe Government restrictions in place. Arts and crafts had a Christmas theme and the centre was able to erect and decorate the usual Christmas tree and Father Christmas put in an appearance, although not in human form this year (see photographs)

We arranged a couple of visits to Bodenham Arboretum to follow the nativity trail to see the animals.

Other

During this period we invested heavily in an electronic signing-in system called InVentry for anyone entering or exiting the building. InVentry has replaced our antiquated signing in / signing out book and has transformed how we now record information. It not only helps with signing in / out, but also helps office staff collate relevant reports and is also used for fire procedures.

Donations

Grateful thanks to all those who supported the Odell Trust through this difficult year.

PayPal (anonymous)	202.31
Monday Night Club	450.00
Sera Bove	20.00
David Morris - collection	500.00
Tesco Groundworks	500.00
Big Local DY10	2,000.00
Waitrose	333.00
Geraldine and Michelle Edwards	100.00
PayPal - Mr and Mrs Whittall	243.65
Co-op	250.00
Philip Harris' family	100.00
Wyre Forest Lottery	83.00
Mr & Mrs Buttery	25.00
Mr George Johnson	50.00
Amazon Smile	25.00
PayPal (anonymous)	45.13
Mrs Greening - J Coley's Neighbour	20.00
Tesco Groundworks	1,000.00

Grants

Active Herefordshire & Worcestershire Grant for Zumba, Music/Dance/Tai Chi, Boxercise and Golf Session

5,000.00

WCC Infection Control Fund National Lottery Awards For All – Sports/Exercise Sessions HMRC – Job Retention Scheme

68,625.00 9,985.00 60191.00

Finance Report

INCOME		EXPENDITURE
	Year to		Year to
	31/3/2021		31/3/202
			1
	£		£
WCC Personal	392,451	Staf Costs	344,945
Budget
Donations	6,067	Activities	47,476
Grants	150,909	Support Costs	96,578
Other Income	32.110	Governance/Investments	3,685
TOTAL	581,537	TOTAL	495,379

ANNUAL SURPLUS £86,158

Once again, the trustees are pleased to report that the Trust has maintained a strong financial position over the year ending 31[st] March 2021. Despite the fact that the trust has significantly increased expenditure from last year, the overall financial position has improved, thanks to a significant increase in the level of income. There has been a large drop in donations, but this shortfall has been more than addressed by a very large allocation of grants to the trust. These have often been to cover required Covid-19 expenditures.

The strong financial position has enabled trustees to increase further the funds put aside into the Reserves. In addition to the 9 months’ worth of running costs, a further amount of £50,000 has been set aside for building maintenance and vehicle replacement.

With such a strong financial position for the Trust, the Trustees are confident about the growth of the charity, and in turn, the consequent benefits this will bring to the members.

A full set of accounts can be viewed on request.

Alan Wardle Treasurer

Governance Structure

The Trust became a Company Limited by Guarantee on 12[th] September 2016 and is governed by Articles of Association which established the objects and powers of the charitable company.

Charity Name

The Odell Trust

Charity Number 1170810 Company Number 10371450

Registered Address

The Odell Centre, Plimsoll Street, Kidderminster DY11 6TZ

Trustees

Mrs Ann Masters – Chairman

Mrs Sue Moreve – Vice Chairman

Mr Trevor Burgess Mrs Sue Cowen Mrs Jenny Perry Mr Alex Roberts Mrs Sue Nicholl

Mr Keith Slater – 30.04.20 Mr Alan Wardle – 25.06.20

Independent Examiners

Cutter & Co Ltd

Lyttleton Court 3 Birmingham Street Halesowen

Bankers

CAF Bank Ltd

NOTES ON GOVERNANCE STRUCTURE

The object for which this charity is established is to provide a Recreational Day Centre to support individuals who live in Worcestershire or the surrounding area for recreation or other leisure time occupation. This provision sets out to improve the conditions of life for those who have need of such facilities through disability, age, youth, infirmity, financial hardship or social circumstances.

Members

The subscribers to the Memorandum of Association and other persons elected by the Board of Directors shall, with their agreement, be admitted to membership of the Company.

Organisational Structure

The Board meets as often as required and, during this financial year, met more frequently and remotely over Zoom. In between these meetings, the Policy & Procedures Review group continued to meet via Zoom, but other groups such as Health & Safety, could not meet due to government restrictions.

The trustees have overall responsibility for ensuring the charity has systems of internal control in place and the PQASSO Quality System is in place. These measures are designed to give reasonable but not absolute assurance against material misstatement or loss. A budget is approved by the trustees annually and regular financial reports and forecasts are prepared for the Board. A Risk Register is being produced to ensure that the trustees understand the risks faced by the charity and plan for the management of those risks.

Recruitment and Appointment of Directors

The directors of the company are also charity trustees for the purpose of charity law and under the requirements of the Memorandum and Articles of Association. Directors retire by rotation and elect a Chairman, Vice Chairman and Treasurer at each AGM. New directors are identified and appointed by the remaining Board members.

Trustee Induction and Training

The Vice Chairman of the trustees is responsible for the induction of any new trustee, which involves awareness of the role and responsibilities of trustees, the governing documents, administrative procedures, as well as the history and philosophical approach of the charity. Additionally, Safeguarding Vulnerable Adults training for members of the Board was conducted over the internet in June.

Related parties

There are no related parties this year.

REGISTEI RED COMPANY NUMBEI R: 10371450 (England Walttl REGISTERLD CHARITYNUMBVR.. 1170810 RLPOIIT OF THF, TRIJSTEE8 AND IINAUDITED FtNANCIAL STATEMEI NTS FOR THE YEAR J£f4DED 31 MARCH 2021 FOR THE ODELL TRUST CUTTER & CO LTD CHARTLRF.D ACCOUNI'ANTS 3 Lyttlettsn Court Birrningham Street Hale50W¢n West Midlaiids B63 31tN

TIIE 01)ELL TRUST CONTENTS OF'K'FIE FINANCIAL STA'fci MCI Nrs FOR THE YLLAR ENDED 31 MARCH 2021 Page Report of the Tte I to3 depcndent Examinees Report ststcment of Financial Activities Bal4nGe Sheet 6t07 Notes to ihe Fin&ncial St8tements 8t013 Detailed Stytejnent olFinas)Ci81 Activitie5 14to15

THE ODELL TRU,ST RLI PORT OF TRUSTEES R THE YEAR EINDTr.D 31 MARCH 2021 The twstees who are a150 directors of the charity for the puiposcs of the C<>mpanies Act 2006) pre$ent their r¢porl with the fwncipl stal¢ment5 of the charity foi the yLar ended 31 MA1] 2021. The trnste¢s have adopted Ibe pilivisions of tht Statement of Recommended Practice ISORP)'Accounting attd Rqjortig by Charities, issiied in Martih 2005. RF.fiERENC'E AND ADMINISTRATIVF DETAILS R¢gi5tered L'oiiipAiiy iiumber 10371450 {EnglaDd and Wales) Registei'ed Charity numbei. 1170810 Registered office The Odell C¢ntr¢ Plitysoll 8trect Kiddern]inster Worcestershire DYII 6TZ Trustees T Burge5S Mrs A Ma5t¢rs Mrs S A Moreve Mrs S Nicholl A Roberts M*s J D Pcrry Mrs S Cow¢ A P Wardle KM SILt. - appoillt¢d 30.4.20 - appointed .6.20 Independent examinei. Katherine Jones Insititute of Chwlered AccowitaThts ill Englotsd & Wal¢s currER & CO LTD CHARTERED ACCOUNTANTS 3 Lyrtleton Court Birjninghain Street Hale50wen West Midlonds B63 3HN STRucfuRE, GOVERNANCE AND MANAGEMENT Coverning document The charity is a cbaiitabl¢ company IEmit¢d by guaratLtee, InCOlForated on 12th September 2016 and regisl¢Led as a ¢h8rity on 19tb December 2016. The coinpany was establisli¢d, and is governed. under its Memorandum and knliGles of Association which est2blish¢s thc objects and PDwer8 of the oh8fltable company. In the event of ihc company being wound up, tnembers are requited to Lontribute amount not exceeding £10. Reci'uitment And appointment of new ti'ustees Where t]iere is a requiiement for new Lrust¢¢s, tILesc would be identified and appointed by the retnaining trustees. Pagc I

THE ODFLL TRUST REPORT ofi TIIE TRUSTEES r4OR TH£ YEAR ENDED 31 MARCH 2021 STRUCTIJIIE, GOVLI RNANCE AND MANAGEMENT Ili5k management Thc tiustces Ev¢ a duty to identify 8nd review the risks to which the charity 15 eX}Sed and to ensure appropri&te controls are in place to provide reasonable assurance ag8inst fraud and error. The Trustees cunrntly have a working gtollp drawing up a risk register to ffli(igate known risks. OBJfi.(:TIVgS AND AcrtVITlfS ObJectiVeS 8nd aims The obj¢otive for which this charity ES estsbli.shed is to provide a Recreational Day Celltre to suppoil individuals who live in Wor¢estershire oi. tlie 5uryounding arca in re¢r¢ation or other leisure liine occupallon. l-his piy)vigion scls out to llnpiove the condittons of life for those who have lleed of such facilities Ihroiigb dÉsability, age, youth, illfirmity, finollcial hardship or social cir¢umstsnces. The objectives. aims and activities are reviewed each year. The rEViCW looks at what h8s been achieved and th¢ outcorne in the pr¢vious Lwelve months. The review looks at the success of each key activity and benefits thtty have brought thoge people the cliarity was 5cI up to help. The review also helps to ensuie tlia( the objectives, and activities remain focused on the charity's stated pu45¢. The tnist¢es have refetted to the guidancc contained in the Charity Commission'5 general guAd8nce 0 public benefit when ievicwillg th¢ objeclivcs and 3iTns, and in plaD]iing aGtivities. The Odell Trust colltinues to meet its aims and obje¢tives by providing fa¢ilities such as equipm¢nl, buildings and access to various Con)mnity vcnues at which it provide5 social, recreatiolwl atsd leisuiE resources foi. people with disabilities and other disadvantages. To do $0 it employs a team of staff and m811?ges voSiinteeFS. Significant actliities To achieve ils objetitives the charity providcs social ond recreational activities at a day Centre called the Odell Centre alld outside in the wider ¢ommunity. Volunteers The charity is grateful for the unstinting efforts of its volunteers, who are involved in service provision and fid rai55ng. Page 2

THE ODEI LL I'RUS'I. REI PORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ACHIEI VEMENT AND PERIIORMANCE Chhritable activitie5 The charity has liad a difficult year followitig all the rcsti'ictions caused by the Covid-19 Pandemic. The cliarity's core client group remain8 th05¢ memberb witli Iearnillg disabilities Although we Also have mernber8 Wlth mental health Its¢$. These are some of itE¢ ]nost vulnerable ]neinbei's of our soGiety sv w¢ have put in placc a i?nge of measllres including new flooring, Psp¢X screens, social dislancitig markers as well as a range of PPE measures whi¢h ¢nabl¢d us to ieopeii fi]Ily and safely when we wcrc allowed to do 50, aIthou8h we were siill limited io pioviding a SD]aller range of a¢tiviiies throughout th¢ year. tn order lo Goniinue to achieve the aims of the ch'Ity through this ditricult period w¢ have provided. l. Ai home activities for m¢mber5 sent weekIy by pogl. These activities included arts and ¢rgfts projects, quizzcs and whcn appropriatti 8rows118 plants from seeds aiid cookii)g 8rtLVities. 2. A¢tsvities over the internet inGluding Zoom 5wion8 forbingo, quizzes, cooking sessions and dance. 3. Allolmenl sites which provided activities that collld be conducted outdooiE safely, including pl#t)tiDg vegetables to bc used in the Odell KJ"tcheIi, and painting raised beds and f¢ttLe5. 4. Indoor activities once abl¢ to r¢op¢n safely. mait)ly including aTts and CTaft5 aGtivities. 5. A few outdoor vi5118 when covid restrictions allowed, ill¢ludiT]g a visit to a local arbor¢tum for a Christmas nativity trail. Most of the other usual external community activities have been badly llffe¢ted gnd minimizcd duc to government rcstrictions. FINANCIAL REI VIEW Financial POSLti02] Once agaill, the trustees have ken pl¢a5d to see that overaIl income withit) the ¢harity bas continued to grow during the yeÈr. Thc oveTall healthy position of the reserv¢s, aiid in particular the relatively high ainount of untestricted fi)nd5, has enabled the tsijstccs to incre8se the value of thc reserves policy) as outlined below. This has enabled the ttu51ees to feel more pix>tected agAinst Any pot¢ntlAI ua¢xpe¢ted costs. It 18 21so good to ieport that the charity has coped well wtth the signifiGallt 185u¢s related to the covid-19 pandemi¢, and is now lookin8 fonvard, and moving on to the next pha5¢ of developinent. liescrve5 Policy The Trustees have agreed a Reserves Policy based on nine months runniTLg costs plus an allowance for redundanq pay and oth¢r c105ure liabilities. For 2021 this figure bas be¢n s¢t at £418,155. Reserves have also been d¢signated for buildillg & vehiclc purebaselrtnovalitsn totalling £50,000, and £20,000 set aside for thc Odell Member'5 benevolent fund. Approved by order of the board of tnjstees 25 November 2021 and signed OD its behalf by.. Mts A Masters Chair of Trustees Page 3

INDEI PENDENT EXAMINEk'S RFPORT TO THE TRUSTEfi S OF THE ODELL TRUST I report on the aCcoUtS of the ¢ompaThy for the year ended 31 March 2021, which are set out on pttges five to thirteen. Responsibilitie5 And basls of repoi't As the ch21ity's trustees (and also the dtrector5 for the purposes of company lawl you are i'¢spoJsib16 for the prepargtion of the accounts in accordance with ihe requi¥em¢nls of the Companies Act 2006. Ilaving satisfled myself that the chariiy is not subject to audit under coinpany law is eligible foi. independant cxamination, I have extimined your charity's accouDts as irqllired und¢r section 145 of the Cliaritits Act 2011 Cthe Act). In canying out Y examination I have followed the DiTections given by the Chai'ity Cormnis5ion under section 145{5)Ib) of thc 2011 Act. My role is to state whetber any material Inatters have conie to rny attention giving m¢ cause to believe.. that accounting records wue not k¢pl as requii¢d by 5e¢tiott 386 of the Compallies Act 2006. 01. that the ac¢ouiitg do not accoid with thixse iecords. or that the accnunts do not comply with the accounting requirements of sectIon 396 of thc Compattics Act 2006 and with the tnethods and principles of th¢ Chariti¢s statllent of RecoJnm¢nded Practice appliGable to charities prepallng their accounts in accordance wAth Ihe Financial Reporting Standard applicable in Ilie UK ond Republic of treland,. or tbat thcr¢ is ft]rther infoTm2tion needed for a proper und¢rst8ndsng of the accounts. Independent exAmiRer'$ stAtement Since your charity's gr055 income exceeded £250,000 your examiner must be a member of a listed body. I can confinn tliat l am qualified to undertake the Examination becaus¢ l am a registered member of IDsititute of Chartered Ac¢ourtlants in England & Wales which 15 one of th¢ listed bodies. I bave completed iny exatnination and hav¢ no con¢¢rns in respect of tlie ittatlers (l) to (4) listed above And, in ¢ODnectioll with following the Directions of the ch'llY Commis5iou I have follnd tto matters that require drawsng to youi attention. Katlicrine Jones Insititute of Chart¢r¢d Accountants in Englattd & Wale8 CUTTER & CO LTD CHARTF.RED ACCOUNTANTS 3 Lyltl¢ton Court Birminghanj Street Hale50wen Wcst mal2ndS B63 3HN 25 Novemlxr 2021 P8g¢ 4

'riiLf ODifLL TRUST STATEhIEP4T OF filNANCIAL ACTtVlTJEI S riOR TIIE YEAR NDEI D 31 MARCH 2021 2021 2020 Total fvnd5 Unrtstricted fldS Re8tricted Total nds Not INCOMf & ENDOWMENTS FROM [ncot from donations and legacies oth tradEng aclivities Illveslmellt sjicoinc Incomijig resources from chgritable Activities Income froin ch8ritable activities oiher in¢ome- Gr8nts 6,067 57 32,053 6,067 57 32,0S3 58,834 566 (10,836) 392,451 148,787 392,451 150909 420,486 2,122 Total incoming resources 579,415 2,122 581,537 471.547 RESOURCES EXPENDED Charitable activitles Charitable expenditt]re Other resources expcndcd 390,298 102959 2,122 392,420 102.959 344.870 Total resouree5 expend¢d 493,257 2,122 495,379 421.764 NET INCOMING RESOURCES 86,158 86,158 49.783 RECONCILIATION OF FUNDS Total funds byought forwArd 444,655 444.655 394,872 TOTAL IfuNDS CARRIED FORWARD 530 813 530,813 444,655 ThE not¢5 forni part of these finattcial slatcmcnts Page 5

THE ODELL I'RUST BALANCE,SHEfiT AT31 MARCH 2021 2021 Reslricted Totsl fullds fund5 2020 Total fvttds Unrestricted rtds Not FIXEI D ASSETS Tangible assets 36,746 12,025 48,771 53,686 CURREN'f ASSEI I'S Debtors Invcstment5 Casli at baith and in hand 17,161 353,478 140,694 17,161 353,478 140694 17,709 323,756 75,946 511,333 511J33 417,411 C.REDITOIIS Amounts falling du¥ within one year 10 (17,266) (12,025) (29,291) (26.442) NET CURRENf ASSETSI(LIABILITIES) 482 042 390,969 TOTAL ASSETS LESS CURRENT LIABILITIES 530,813 530,813 444,655 NET ASSETS 530 $13 530,813 FUNDS Untcstricted ftsnd5 Re5tritted funds 530,813 444.655 TOTAL FUNDS 530813 The notes foiJn part of these flnancial stotements Page 6 continued...

THE ODLI.L Tllus'r BALANCE SHEI EIT- CONTINUEI D AT 31 MARCH 2D21 The charitable company is entitled to ex¢ll]ption from audit under Section 477 of the Companies Act 2006 for the year end¢d 31 March 2021. The members have not required the eomp8ny to obiait) an audit of its financial 5tatemertls for thc ye)F ond¢d 31 March 2021 in aecordance with Section 476 of the Coinp3nie5 AGt 2006. Tbe trustees a¢knowlcdge thcir responsibilities for en5vriiig th4t the charitable company keeps qCColIt1g record5 thit comply with Sections 386 and 387 of tbe Co]npanie5 Aci 2006 and preparing FinaE]Gi81 stalements whicli give a true and fair vjew of the statc of affaiiB of the charilabl¢ company as al the cnd of each fan¢la[ ytar and of its 5urpIu5 or deficit for eacb financial year in accordance with the Tequir¢mcllls of Sections 394 and 395 and which oth¢iwise comply with the rcouirejnents of the Companies Act 2006 rclatin8 to financial statcments, 80 far as applscable to the charii#ble company. (b) These financial Statements havB been preprd in #ccordaoce with the special provi5ioDs of Part IS of the Companics Act 2006 relating to charitable small MPanieS and with tb¢ fan¢11 Reportin8 Standard for Smaller Intities {effeGtive Janllaiy 2015). The finallcial statemcnts were approved by the Board of TNstees on 25 Novernber 20218nd were signed on its behalf by.. Mr5 A Mastus- Chair of Trustees The note8 foTm part of these finallGial statements Page 7

THE ODELL TRUST NOTCI S TO THE f4INAF4C.IAL STATEMENTS IIOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTll¥G POLIC'IES Basis of preparing the financial stAtements 'rhe fmanciAI statcmen15 of the charity, whicli is a public benefit entity under l."IIS 102, have becn prepared in acGordan¢¢ with the Charili¢5 Sory (l*RS 102} 'Aecountillg and Reporting by Cliarities.. Statement of Reconunended PraLtice applicable to cliaritie5 preparing their accouDts in accordancc with the Fllianctal Reporting Standard applitablL in the UIC and Rcpublic of Irel8nd (FRS 1021 (¢f(ective I Sanuary 20151, and ibc Charitics Act 2011. I'he finaiiGifyl $tatcment5 have been prepared under the liistoIic81 tost cov¢tiO1), Aceounting eonventio The finan¢ial statements have been prepared under the htstorical cost conv¢ntion, attd in accordance with the FADancial Reporting Slandai'd for Stnaller Et)tities (effe¢iive April 2008), the Companic5 Act 2006 and the requittments of the Statement of RecomTnended Practice, A¢¢ounting and Reporling by Charities. Incoming I'esoiirces All inoome is recognised in the Stateent of Fin8ntial Activities once the tharity has entLtleTnent to thc funds, it is pix>babl¢ that ihe income will be received and the amount csn be Jne85ured rcliably. The following 5pecifiG poli£ie$ are applied to particular caiegorie6 of income.. For donations to be reeognised the charity will have been nottfied of the amounts and the settlcment date in writing. If tli¢r¢ are Conditions a1tr4¢hed lo the donation and tlii5 reqtsires a level of perfomiattce before entitlement can b¢ obtained then income is deferred until tlios¢ condition5 are fijlly met or the fuifi]m¢nt of tbose onditions is wiihin the ¢oiitrol of the Gharity and it is probable that thcy will be fi]Ifilled. tncome from governrncnt Y¢nd other grants are r¢cognised at fair v#lue wben the charity has entitlcment aft¢r performaD¢e conditions have beeJJ met, it 15 probable that the incoine will be iEceived aTLd the &mouttt can b measured reliably. If entitlernellt is T)Ot met thell these amounts are defcrred. Where iDcoming resources have related cxpenditur4 the incojning resour¢¢s gnd related ¢XP¢llditure are reported gross in the Stattment of Financial A¢tivitcs. Inv&stEn¢nt incomc is eaTDed through holding assets foi. iThYe5trnent purposes such as bank dq)081t accounts. Interest income is recognisEd using the ¢ffective intcrcst Jneihod and is rccognised as th¢ ¢harAtls right to receive paetst is established. In¢omitsg resource5 fiM charitable #ctivities Are accout)ted for when eamed. No amount 1$ included in tbe fitt&Thcial statem¢nts for volunteer titn¢ in lint witb the SORP (FRS 102)- Further detail is given in the Tru5te¢s' Ajjnual Report. Resources expended Liabilities are recogtiised as expendih)r¢ As soon as theK 15 a leg21 or construotive obliBrttion committing the chai'ity to th&t expcnditurc, it is probabl¢ that a knT)sfer of econorni¢ benefits will be required in sett]einent and the amouni of the obligation can be measured lIablY. Lxp¢iiditure is accouotcd for oli an acGro&ls ba518 and has been classified und. he8dillg5 that aggiEgate all cost Tclxtcd lo the category. Where costs cannot be dircctly attributed to parti¢ulai' headings iliey have been allocllted to activÈtie5 on a basis consistent with the se of resoui'ces. Irre¢ovcrablt VAT is charged a5 an expense against th¢ activity for which the expendith]re arosc. Tallgible fixed assets Depreoialion is provided at ihc following annu&l r8te5 in order to write off eacli assct over its estiinat¢d useful life. FixtUif5 and fittings Motor vehicles 1S°/0 on rcducing balance 20/0 on r¢ducing balance Pag¢ 8

THCI ODCI Ll.'fRUST NOI'LS TO THE FINANCIAL STATEI MENTS- CONTINUEI D FOR THE YEAR EINDED 31 MARCH 202] ACCOUNTllYG POJ.ICIES- continue TayAtion The charity is ¢xempt from coipoiztion tax on ils charitable activitics. I1 aecounting Unlrstricied fvnds tan be used in aceordanc¢ wilh the charitabl¢ objectives at th¢ di%retion of the tswst¢¢s. Restricted fijnds ¢an only be used for particular restricted piirposes within the obje¢t5 of the charity- Re5triction8 arise when Splfied by the donoT oi. whert are raised for particular restricted purpose5. Further explaoation of the nature and prpOSe of eaoh fvnd is irt¢luded in the notes to the financial statements. Hire purehhse and leasing c4)mmiÉtnents Ren(als paid under operating lea5¢s are thaiged to the Statement of Financial Activities on a straight line basis over the period of the lease. PensTOll eosts and other post-retirement beRefits The charitable ¢ompat)y Operates a defined contribution pension schetne. Colltributiolls pgygble to th¢ chsrituble company's pension schem¢ ar¢ charged to the Statenjent of Financtal Aetivities in the period to whAch th¥y rel&te. Financial reporting standard 102- reduced disc105ure exemptiona The charKty has t&ket) advantage of ihe following discloslli'e exejnption in preparing these finan¢ial stat¢m¢ttt& &$ permitted by FRS 102 The Financial ROrtillE Stsndard applicable in the UK and Republic of ITeland': - the r¢quiremmts of Section 7 Statement of Cash Flow5. INCOME FROM OTHER TRADINC AC'TIVII'TES 2021 2020 O(kll gener&ted illcome 57 566 INVESTMENT INCOME 2021 2020 Dep051t account interest Cuff asset inv income 493 31,560 536 72 32,053 10,836 NET INCOMINCI(OUTGOING) SOtIRCES Net resources are stated after Cliargin{QredltlDg)'. 2021 2020 Depreciation- owned essets Hirc of plarLt and Inachinay Other peosion costs 9,300 2,695 10,342 Pag¢ 9

THE ODELL TRUST NO'fEI S TO'fHE FINANCIAJ. STATEI MEwfs_ COTrlTINUED r4OR I"HC YEAR ENDEI D 31 MARCH 2021 TRUSTEES, REMUNERATION AND BKNEFITS There wei'e no trustets, remuneration or other benefits for Ihe year ended 31 Marth 2021 nor for the year cnded 31 March 2020. Ti'ustees, expenses There were no trLJslees' expense5 PAid for the year endd 31 March 2021 ttor foi the yeai. eoded 31 Mah 2020. STAFF COSTS 2021 2020 Wages and $aldries Social security cost5 oth pension costs 320,062 19,183 270,739 19,398 4.704 li 344,945 294,841 The average monthly numbcr of employ¢cs during the year was #s follows= 2021 16 2020 13 Day Centt"e Administration 19 17 No employees received emoluments in ex¢css of £60,000. TANGIBLE FIXEI D ASSEI'S FixbJr¢s and rittiJig5 Motor vthiclc5 Totals COST At l April 2020 Addition5 61,302 4.385 23,374 84,676 4,385 At3l Maith 2021 89,061 DFPRF.CIAI"ION At l April 2020 Charg¢ foi ye)r 19,413 6,941 11,577 2.359 30,990 At 31 Nlarch 2021 26.354 40.290 NET BOOK VALUL At 31 Marcli 2021 39,333 9,438 48,771 At 31 March 2020 41,889 53,686 Page 10

THE ODELL TRUST NOTfi I'O THE fENANCIAL STATEI MENTS- CONTINUED FOR THE YEARENDKD 31 MARC.H2021 DEBfoRS: AMOUNTS fiALLJiYG DUK WITIllN ONE YEAR 2021 1020 TIade debtors PiepayiT)ents 9,801 7,360 10,766 6.943 CURIIENT ASSEI T INVFSTMEN'rs 2021 2020 Investment aocouDts 353 478 323 756 io. CRF,DITORS: AMOUNTS FALLING DUE wfnuN ONE YEAR 2021 2020 Tradc credÈtors Social SLcurity aDd otlier tax¢s Other GTeditors AcGNaS and d¢f¢tred income Accrued exp$¢$ 8,618 5,722 4,831 731 19,133 1,236 13,691 29,291 26,442 MOVEI MENT IN FUNDS Net movement Transfers in fi]nds between funds At 1.4.20 At31.3.21 Unrt5trieÉed funds Gencral fimd Designated fund 38,236 406419 86.158 (81,7361 81,736 42.658 488.155 444,655 86,158 530,813 TOTAL FUNDS 444 655 86,158 530,813 Page 11

THJ£ ODELL TRUST NOTES TO TIIE FINANCIAI., STATEMII NTS- cof4TINUED FOR THE YF,AR ENDED 31 MARCH 2021 Ji. MOVEMENT IN fiUNDS- conlxnlled Net movement in funds, included in th¢ abovc are as follows: Incoming re50urce5 Resources expetsdcd Movement in funds Unresti-icted funds Gejjeral fund 579,415 (493,257) 86,158 Restricted funds Ev¥son Charitable Trust Loll¢ry IT Grant 867 (867) 2,122 {2,122) TOTAL FUNDS 581 $37 495 379) Comp#i'2tives for movemeiit sn funds Net movetnent Tr8ttsfers in funds between fund5 At 1.4.19 At31.3.20 Uurestricted fiund5 G¢neLpI furtd Dcsi8nated t)d 137,471 257,401 49,783 (149,0181 149018 38,236 406419 394,872 49,783 444,655 TOTAL FUNDS 394 872 Comparativ¢ net Lnovement itj nds. included in the 8lx)ve are as follows.. Incomin8 re8ources Resources xp¢nded Movemcll¢ in fiu)d5 Ilnresti'icted fund$ GeiierJl fund 469,050 (4192671 49,783 Resti'icted fuDds Evesoll ChaTilable Tnjst Lottery IT Giant 5,020 1,477 (1.020) 1.477 2,497 (2,497) TOTAL FUNDS 471547 4217641 Page 12

THE ODfi LL TRUST NOTES TO THE filNANCIAL VAI'EMEI NTS. C.ONTJNUED FOR'fHE YEAR LI NDEI D 31 MARCH 2021 MOVEMENT IN FUNDS - Continued A GuIrcJJt year 12 months and prior yezr 12 months combined positiott is as follows: Net movement Trnnsfeis in funds between fullds At 1.4.19 At 31.3.21 Uni'estricted funds Genei'al fund Designated fi]rtd 137,471 135,941 (230,754) 230,754 42,658 488 155 11 TOTAL FIINDS 394.872 530 813 A cunent ytsr12 motsths Ènd prior yc&r 12 month5 ¢ombined iiet Enovenicnt in fund% included in the abov¢ UL as follows.. IncomiDg resources Resources expended Movement in fund5 U*restricted funds General fund 1,048,465 (912,524) 135,941 Restt'icted fund$ Eve50n Cbarilabl¢ Tnjst Lottery IT CTrant 1,887 11,887) TOTAL FUNDS 1053 084 917,143) I'rAll5fers behveeR funds Dcsignated funds arc sct at nine months nintting cosls plus an allow&nce for redundancy pay #nd other G105ur¢ liabilitse5 among otlier diings. The¢ have been illGreased to £488.155 from £406,419 in the previi)us year. 12. DEFERRED INCOME Deferred intome is the balattce of th¢ Eveson ¢h8rit8ble tNst grant, and Lottery thnd2ng for IT quipment, which are both beiug reltastd as incotne at the 58]ne Kate as the aEsels they were intended for- 15 /0 reduLin8 balance. Pag¢ 13

THE ()I)EL LL TRUST DETAILED STATEMENT OF FINANCIAL AC.TIVITILI S FOR THC YEAR EINDLID 31 MARCII 2021 2021 2020 INCOMING REI SOURCEI S Income from Ilonations and leg*¢ie5 Donatiotts 6.067 58,834 Income IroRn othei. tridirtg 8ctivities Odell generated income 57 566 Inveslment intome Deposit account intthest CuiT as8et Inv income 493 31.560 536 11,372 32,053 110,8361 Ineomiiig i'esource5 from charitable activities AtteiidaDCC income Grants 392,451 150,909 420.486 543,360 422.983 Totfil incomlng resollTce5 581,537 471,547 RESOURCES EI XPENDED Charitable aetivitie5 Wages Social security Pensions Food aDd cojisuinables Trip5. Qutings, activities Minibu5 nJ]Jning costs 320,062 19,183 5,700 9.682 31.738 270,739 19,398 4,704 18,232 25.726 392.421 344,870 Support cost$ Management Rent, rat&% and water Insurortce Light and heat Telephc)ne AdVlis]ng General and olte expeThs¢s RcpaiiE and ieDtwals HR, DBS and Truitment costs FixtUTes Snd fitt5ng5 Motor vehicle5 12,781 2,928 3,874 4,166 386 16,970 19,555 2,271 4,145 3.692 1,677 10,516 14,552 7,556 7.392 4,900 6,941 96,578 74.305 This page does Dot forjn parl oftlie slatutoiy finarttial stat¢m¢nls Pagc 14

THE ODELI, TRUST DL'fAILEÉD STAT MLfNT or r4 INANCIAL ACTIVITIEI S FOR THE YEAR fiiyI)F.D 31 MARCH 2021 2021 2020 FinMne¢ Investments SCTvice Gharges Baiik GharB¢ 2,331 ?0 339 60 2,401 399 Other A¢coiintan¢y and l¢gal fees 1,284 Total resolli'ces expended 495,379 421,761 Net income 86,158 Tliis page docs ntst forni part of the 51anilory fiNnci81 stateTnent5 Pa8c 15