REGISTERED CHARITY NUMBER: 1176614
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for IPSUM
Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
IPSUM
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 7 |
| Independent Examiner's Report | 8 | ||
| Statement of Financial Activities | 9 | ||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | 11 | to | 18 |
IPSUM
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
On 1 April 2018 Swindon & Wiltshire Alcohol & Drug Services (SWADS) rebranded as IPSUM and transferred its trade and assets to this new charitable incorporated organisation (CIO) run by the same trustees and staff as SWADS.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our objectives are: To assist in the treatment, care, and rehabilitation of persons suffering from mental, emotional or psychological illness, including but not limited to issues relating to drug and alcohol abuse, by: (i) the provision of counselling and support concerned with the alleviation of symptoms and the cure of illness ancillary to those provided by the statutory authorities, and (ii) the provision of facilities for immersive creative therapies.
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
OBJECTIVES AND ACTIVITIES Significant activities
IPSUM Programmes
We are very fortunate that our trained facilitators and therapists are supported by volunteers with a diverse range of skills and talents.
A rewarding part of our programme is to empower our service users and support them towards becoming peer mentor volunteers if they want to. This has been a successful intervention, building self-esteem and employment skills and for many of our clients who have since moved on to secure paid work.
New View Art Room
Daily workshops provide the opportunity for clients to try new ideas, experiment with different art mediums and try activities such as watercolour painting, acrylics, drawing, textiles, crafts, printmaking and more.
The Therapeutic Creative Arts are a powerful tool that can help to relieve anxiety ,stress and tension. It can increase motivation and self-worth giving new outlets as a distraction technique and safe coping mechanisms.
Basement 13 Music Studio
Our music studio offers a chance for clients to experience the power of music through many different mediums. We are in the fortunate position to offer specialist music therapy groups with a world-renowned psychotherapist.
The opportunity to learn to play an instrument including guitar, bass guitar, keyboard and drums. With the support of our music facilitator there is the option to record your own music, songs or poetry in our professional studio.
IPSUM is also in the position to offer the exciting prospect of creating and engineering your own digital music with a tutor, using a computer programme which supports your learning. No musical theory is needed to access learning. there is also the exciting prospect of taking a course in DJing.
We hold a weekly session to create a monthly radio show that is aired on a local radio station with special features, interviews and the chance to play some of the music produced in the studio.
The Art and Soul Show from the Sounds of IPSUM is on Swindon 105.5 FM. This is a fantastic opportunity for clients to showcase their work and be involved in production and engineering.
Therapeutic Creative Writing Courses
The creative writing courses offer an opportunity to explore the written word in a facilitated group. There is a mix of poetry, short stories and songs created by the clients embracing this very effective modality.
The safe space created by the tutor gives a platform for exploring the creative mind and can prove to be a very effective tool to learn and use as a healthy way to express thoughts and feelings.
Talking Therapies
What makes us unique is that clients are not limited to the 6 or 12 sessions of treatment that they can experience under NHS treatment services.
Our Counsellors come from a varied background of theoretical training which enables us to try to meet the needs of each individual.
Our Counselling & Psychotherapy Services are accessible to both 1:1 or couples. All Counsellors abide by the 'British Association for Counsellors and Psychotherapists' ethical guidelines and the charity is registered with them as our governing body.
Mindfulness, Meditation and Relaxation
IPSUM facilitates mindfulness and meditation courses run over a six-week period which teaches the art of healthy relaxation.
Exploring the theory behind the very healthy and powerful coping mechanism of relaxation underpins the learning and increases the client's self-awareness.
At the end of this course the client will have a life-long coping tool they can use in any situation.
Professional Training
IPSUM holds Continuing Professional Development days for Counsellors. We also offer training packages and team building days to organisations.
We offer a range of CPD training including
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
OBJECTIVES AND ACTIVITIES
'Managing Risky Situations'. 'Conflict in the Workplace' 'Stress, Anxiety and Mood management' 'How to manage difficult conversations'
Teambuilding
We use our Creative Studios as a platform to create that bespoke Teambuilding Day unlike any you have experienced before.
No need to worry about bad weather spoiling your employees' experience. A warm and inviting studio provides the space to challenge the group dynamics and bring your team together writing and recording their song in a day. And if music isn't the draw for your team then we can tailor a Teambuilding Day with a few surprises in the Art Studios where the team creates a masterpiece.
The Ground Café
A weekly drop in Café session is on offer for all our clients. This creates a safe space for clients to meet with others and widen their social circles through meeting with a diverse group of people. This is also a good place to hear about upcoming events and courses at IPSUM.
Public benefit
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. The trustees consider that they have acted in the public benefit.
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
ACHIEVEMENT AND PERFORMANCE Charitable activities
The charity enables people to express and explore their thoughts and emotions through the Arts.
Ipsum uses Arts therapies, music, and visual arts to help people explore their wellbeing and help develop coping skills.
The service offers short-term intervention groups that are art-based for people struggling with their mental health. Activities include arts and music.
Ipsum supports people with counselling and psychotherapy regulated by the professional body British Association of Counselling and Psychotherapy (BACP) and we work to their code of ethics. We offer these talking therapies to all who are psychologically able to engage in them for a donation based on affordability.
IPSUM supports people to develop peer support groups and integrate into mainstream activities/ wider community life and promotes locally the benefits of art-based activities to mainstream population.
The Music Team delivers over 50 one to one sessions in one week alone, 42% of which are under 18 years old. That's over 200 therapeutic music sessions in a month We welcome all ages and abilities!
Ipsum Youth for ages 10 upwards provides 1-1 music sessions and group art sessions
Every other Saturday we work with groups of 8 young people in both the art room and music dept.
Ipsum counselling Psychotherapy
An increase of 20 to 47 Counsellors volunteering for Ipsum, that currently deliver 108 hours of one-to-one counselling sessions across 7 days of the week.
Ipsum Art
Our Art Team delivers 10 group sessions at Ipsum and within the community ensuring we are accessible to all. Over a period of a week, 90 people attend our groups.
We offer guided sessions, such as fine art portraits or watercolours, facilitating sessions that have a focus on the social aspect as well as therapeutic creativity, providing a safe space to explore.
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Over 1000 people have been supported in the last year. Referrals are still rising on a monthly basis.
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83% of our community come from high-risk groups
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26.8% of new presentations were in the non-White British' demographic.
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We now offer a 7 day a week service (Sundays 10.00am -4.00pm counselling only) Although we are hopeful that in
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the next year, we will be in a position to offer the creative services as well.
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For those who have physical disabilities we have been able to renew our partnership with the Olive tree Café and
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introduced sessions at the Hub in Swindon town centre
This year has seen our services increase in demand by 110%.
Performance against Data
IPSUM continue to exceed its identified targets and is performing well against the business plan with grants and contracts.
From our audits, WEMWBs, feedback, community peer forums and care plans, we can monitor, and measure service outcomes and the impact achieved.
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89% report a reduction in Stress, anxiety, low mood and depression
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62% of couples working in counselling, report recognising triggers related to Relationship & Attachment disorders has
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helped their relationship to go forward in a positive way
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72% report a level of success in addressing behavioural issues by working with immediacy and positive strategies
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39% increase in educational attendance for younger people reducing absenteeism.
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We have supported 69% to maintain or access employment for those struggling to cope with work and mental health
-
conditions.
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89% of people using talking therapies, report a greater understanding of the underlying triggers, enabling their lives to
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move forward.
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62% using therapeutic arts to decrease dependency on addictive behaviours are now able to manage and recognise
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unsafe choices.
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91% report Increase in confidence and self-esteem through the power of creativity.
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69% report using safe coping strategies for minimising Self-harming.
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We decrease suicidal risk by addressing the ideation through therapeutic interventions.
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We are supporting people with eating disorders to understand and control their reactive responses and offer
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alternative healthy coping skills.
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
Volunteers
Currently 51 volunteers aligned to the charity, without whom the project would not be able to run. All new staff and volunteers are expected to attend Mental Health Awareness Training and Safeguarding training as a minimum.
Counselling Provision
The rate for counselling is up 62% with a minimum of 38 referrals a week for counselling alone.
A key area identified by the Trustees, was to increase the talking therapies provision. It was actioned to hold interviews for new counsellors.
20 applicants applied for the workshop day; we were in a position to offer a further 17 placements.
Ipsum Youth
New Patron for Ipsum Youth
Local rapper S1mba has joined our initiative, visiting regularly to assist as a mentor with the NEETS, YOT and SEND young people in Swindon.
The charity now takes on work experience students from The Platform Project to enhance young people's confidence and self-esteem.
In September 2021 Ipsum started working in partnership with the Youth Offending Team, looking to engage more young people through the digital music programme teaching production and engineering. This is proving a popular and healthy intervention, increasing self-esteem, and teaching transferable skills.
Financial Sustainability Statement
Income generation is IPSUM's major focus to sustain its work/service offerings. IPSUM must be able to generate sufficient income to cover costs by generating enough funds to cover staff & non-staff overheads and key activities.
Our income is generated from numerous sources, including trusts in the form of grants, public fundraising, commissioning for contracts. We have various approaches to generating income from as many different sources, these are supported by marketing activities i.e. Facebook, fundraisers, promotional radio interviews etc. aimed at connecting to supporters, donors, and funders.
IPSUM establishes a comprehensive business plan for each application that outlines the key future objectives and activities and overall strategy of the Charity, and identifies the actions needed to achieve and fulfil them, as well as the resources (particularly people) and facilities required.
IPSUM continually demonstrates tightly managed cost control processes,
Cash-flow is well-thought through and regularly monitored, the financial plan is assessed and reviewed at bi-monthly Trustee meetings.
FINANCIAL REVIEW
Financial position
At 31 March 2022, total funds held were £493,946.
Reserves policy
The charity expects to hold sufficient reserves to cover all expenses incurred to fulfil the exit strategy; this will normally not be less than three months or more than six months operational costs. The charity may hold in reserve any monies which are restricted for the "life" of specific projects running outside the financial year. Additionally, the charity may "ring fence" non-restricted funds as reserves for specific project costs.
At 31 March 2022 the charity had total funds of £493,946. Of these funds, £134,513 are held as restricted and £224,110 have been designated for the following purposes:
£122,031 - Functional Fixed Assets £102,079 - 6 month exit costs
The reserves held in excess of the required amount are £135,323 (being total funds less restricted and designated funds). The £135,000 is being held in reserve for matched funding projects through 2023/24, the monies will be released in line with the received funding streams.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Executive Committee Members are elected via the AGM. Anyone wishing to join the organisation as a trustee is required to put their name forward to the next available AGM and be elected onto the Committee. Each year one third of the Trustees are required to put their names forward for re-election at the AGM. This is done on a rotating basis.
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
IPSUM is managed by the Executive Committee on which the Trustees serve and is responsible for the legal and financial management of the organisation. The Executive Committee meets 8 times a year and makes strategic decisions regarding the long-term development of the organisation. The Executive Committee is comprised of members from a wide and varied background. Key members of the volunteer group, service users and staff team are also invited to attend meetings as appropriate.
The charity makes decisions at the bi-monthly Executive Committee meetings. All Executive Committee meetings have an Agenda and items to be discussed are included and sent out in advance of the meetings, as are the minutes of the meeting and financial papers. All decisions are reached through discussion and consensus with the view of the representatives being considered. If no consensus is reached a vote would be taken, and in the case of a split decision the Chairperson would have the casting vote.
The trustees delegate day-to-day management to the Director, Julie Mattinson.
Induction and training of new trustees
New trustees go through an induction process to explain their responsibilities, the work of IPSUM, and to introduce them to key personnel within the organisation.
Key management remuneration
The board of trustees review the pay of the chief Executive on an annual basis.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
IPSUM's Board of Trustees regularly review and assess the risks faced by our charity in all areas of its work and plan for the management of those risks. Risk is an everyday part of our charitable activity and managing it effectively is essential for the trustees to achieve their key objectives and safeguard their charity's funds and assets.
IPSUM's approach for Operational risk is covered off across four stages which involve the preparing of a risk assessment, this could be for a project, organisation or set of operating processes.
These are:
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risk identification: identifying the main risks - risk assessment: assessing the likelihood of each risk occurring and the consequences for the charity/organisation
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risk mitigation: identifying the most appropriate actions to reduce or eliminate the risk
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contingency assessment: identifying the contingencies that need to be put in place following the risk assessment.
Risk management is an ongoing process and has been fully integrated into our project management and review processes.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1176614
Principal address
Bradford House 13 Milton Road Swindon Wiltshire SN1 5JE
Trustees
A Gould Dr J Gould M Woolls C Mattinson
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IPSUM
Report of the Trustees for the Year Ended 31 March 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner J Gare FCA DChA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Approved by order of the board of trustees on 20 October 2022 and signed on its behalf by:
Dr J Gould - Trustee
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Independent Examiner's Report to the Trustees of IPSUM
Independent examiner's report to the trustees of IPSUM
I report to the charity trustees on my examination of the accounts of IPSUM (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCA DChA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable 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.
J Gare FCA DChA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
25 October 2022
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IPSUM
Statement of Financial Activities for the Year Ended 31 March 2022
| Unrestricted Designated fund Fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 67,703 - Charitable activities Advice, Information & Therapy 130,967 - Other trading activities 3 80 - Total 198,750 - EXPENDITURE ON Raising funds 5 2,371 - Charitable activities 6 Advice, Information & Therapy 148,062 3,597 Total 150,433 3,597 NET INCOME/(EXPENDITURE) 48,317 (3,597) Transfers between funds 16 (1,351) 1,351 Net movement in funds 46,966 (2,246) RECONCILIATION OF FUNDS Total funds brought forward 88,357 226,356 TOTAL FUNDS CARRIED FORWARD 135,323 224,110 |
Restricted funds £ 190,749 - - 190,749 - 59,733 59,733 131,016 - 131,016 3,497 134,513 |
2022 Total funds £ 258,452 130,967 80 389,499 2,371 211,392 213,763 175,736 - 175,736 318,210 493,946 |
2021 Total funds £ 141,700 123,121 483 |
|---|---|---|---|
| 265,304 | |||
| 406 185,762 |
|||
| 186,168 | |||
| 79,136 - |
|||
| 79,136 239,074 |
|||
| 318,210 |
The notes form part of these financial statements
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IPSUM
Balance Sheet 31 March 2022
| Unrestricted Designated fund Fund Notes £ £ FIXED ASSETS Tangible assets 13 - 122,031 CURRENT ASSETS Debtors 14 21,833 - Cash at bank and in hand 129,116 102,079 150,949 102,079 CREDITORS Amounts falling due within one year 15 (15,626) - NET CURRENT ASSETS 135,323 102,079 TOTAL ASSETS LESS CURRENT LIABILITIES 135,323 224,110 NET ASSETS 135,323 224,110 FUNDS 16 Unrestricted funds: General fund Designated fund for functional fixed assets Designated fund for exit costs Restricted funds: Supporting loneliness and isolation Youth project TOTAL FUNDS |
Restricted funds £ - 123,166 11,347 134,513 - 134,513 134,513 134,513 |
2022 Total funds £ 122,031 144,999 242,542 387,541 (15,626) 371,915 493,946 493,946 135,323 122,031 102,079 359,433 - 134,513 134,513 493,946 |
2021 Total funds £ 124,276 30,573 191,423 |
|---|---|---|---|
| 221,996 (28,062) |
|||
| 193,934 | |||
| 318,210 | |||
| 318,210 | |||
| 88,357 124,277 102,079 |
|||
| 314,713 | |||
| 3,497 - |
|||
| 3,497 | |||
| 318,210 |
The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2022 and were signed on its behalf by:
J Gould - Trustee
M Woolls - Trustee
The notes form part of these financial statements
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IPSUM
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared on a going concern basis and are presented in Sterling which is the functional currency of the Charity, and rounded to the nearest pound.
There are no significant areas of judgements or key sources of estimation uncertainty.
Going concern
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
General information and Legal status of the Charity
The charity is a charitable incorporated organisation. The address of the registered office is given in the . trustees report.The nature of the charity's operations and principal activities are given in the trustees report.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity 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.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 1% straight line Computer and music equipment - 25% on straight line basis
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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IPSUM
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES - continued
Financial risk management
The charity has minimal exposure to customer credit risk, liquidity risk and market risk. Please refer to the risk section of the trustees annual report for information on how risks are managed. The charity does not have any non basic financial instruments.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Financial instruments
The charity 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.
2. DONATIONS AND LEGACIES
| Donations Gift aid 3. OTHER TRADING ACTIVITIES Fundraising events Room hire 4. INCOME FROM CHARITABLE ACTIVITIES Activity Client fees Advice, Information & Therapy Grants Advice, Information & Therapy Contracts for services Advice, Information & Therapy Grants received, included in the above, are as follows: Coronavirus Job Retention Scheme |
2022 £ 246,733 11,719 258,452 2022 £ - 80 80 2022 £ 47,967 - 83,000 130,967 2022 £ - |
2021 £ 128,902 12,798 |
|---|---|---|
| 141,700 | ||
| 2021 £ 483 - 483 2021 £ 34,155 13,966 75,000 |
||
| 123,121 | ||
| 2021 £ 13,966 |
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IPSUM
Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
5. RAISING FUNDS
Raising donations and legacies
| Bid writing fee Fundraising costs 6. CHARITABLE ACTIVITIES COSTS Advice, Information & Therapy 7. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Supervision & Counselling 8. SUPPORT COSTS Management £ Advice, Information & Therapy 30,518 Support costs, included in the above, are as follows: Insurance Telephone and internet Postage, stationery and computer expenses Travel and subsistence Sundries Utilities & running costs Depreciation of tangible and heritage assets Bank charges Accountancy and independent examination Subscriptions |
2022 £ 1,680 691 2,371 Direct Support Costs (see costs (see note 7) note 8) £ £ 177,366 34,026 2022 £ 167,399 9,967 177,366 Governance Finance costs £ £ 243 3,265 2022 Advice, Information & Therapy £ 4,188 2,152 5,664 2,159 1,112 11,646 3,597 243 1,357 1,908 34,026 |
2021 £ - 406 406 Totals £ 211,392 |
2021 £ - 406 406 Totals £ 211,392 |
|---|---|---|---|
| 2021 £ 151,199 6,300 |
|||
| 157,499 | |||
| Totals £ 34,026 2021 Total activities £ 5,825 2,459 4,423 1,188 75 8,409 3,259 179 1,191 1,255 28,263 |
Totals £ 34,026 |
||
| 28,263 |
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IPSUM
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
10. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2022 £ 157,791 6,840 2,768 167,399 |
2021 £ 141,593 6,866 2,740 |
|---|---|---|
| 151,199 |
The average monthly number of employees during the year was as follows:
| Therapists Administration |
2022 8 2 10 |
2021 6 2 |
|---|---|---|
| 8 |
No employees received emoluments in excess of £60,000.
The total employee benefits for key management personnel of the charity were £50,323 (2021: £50,331) (inclusive of employers national insurance). Key management personnel for the charity comprises the chief executive officer.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Designated fund Fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 28,274 - Charitable activities Advice, Information & Therapy 123,121 - Other trading activities 483 - Total 151,878 - EXPENDITURE ON Raising funds 406 - Charitable activities Advice, Information & Therapy 75,000 3,259 Total 75,406 3,259 NET INCOME/(EXPENDITURE) 76,472 (3,259) Transfers between funds (16,395) 18,821 Net movement in funds 60,077 15,562 |
Restricted funds £ 113,426 - - 113,426 - 107,503 107,503 5,923 (2,426) 3,497 |
Total funds £ 141,700 123,121 483 |
|---|---|---|
| 265,304 | ||
| 406 185,762 |
||
| 186,168 | ||
| 79,136 - |
||
| 79,136 |
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IPSUM
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|
| Unrestricted Designated fund Fund £ £ RECONCILIATION OF FUNDS Total funds brought forward 28,280 210,794 TOTAL FUNDS CARRIED FORWARD 88,357 226,356 GOVERNMENT GRANT AND CONTRACT INCOME |
Restricted funds £ - 3,497 |
Total funds £ 239,074 |
|
| 318,210 | |||
| 2022 2021 |
|||
| £ £ |
|||
| Swindon Borough Council | 77,475 85,000 |
||
| National Lottery | 184,749 70,000 |
||
| HMRC | - 13,966 |
||
| NHS | 8,000 - |
12. GOVERNMENT GRANT AND CONTRACT INCOME
There were no unfulfilled conditions or other contingencies attached to these grants. The charity has not directly benefited from any other forms of government assistance.
13. TANGIBLE FIXED ASSETS
| COST At 1 April 2021 Additions At 31 March 2022 DEPRECIATION At 1 April 2021 Charge for year At 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income |
Freehold property £ 123,894 - 123,894 3,592 1,239 4,831 119,063 120,302 |
Computer and music equipment £ 8,168 1,352 9,520 4,194 2,358 6,552 2,968 3,974 2022 £ 90 144,909 144,999 |
Totals £ 132,062 1,352 |
|---|---|---|---|
| 133,414 | |||
| 7,786 3,597 |
|||
| 11,383 | |||
| 122,031 | |||
| 124,276 | |||
| 2021 £ 17,720 12,853 |
|||
| 30,573 |
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IPSUM
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| Trade creditors Social security and other taxes Accruals and deferred income |
2022 £ 7,534 2,570 5,522 15,626 |
2021 £ 6,693 2,869 18,500 |
| 28,062 |
Deferred income of £4,300 (2021: £17,500) relates to income received in advance for post year end fund raising events (2021: post year end service delivery).
16. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated fund for functional fixed assets Designated fund for exit costs Restricted funds Supporting loneliness and isolation Youth project TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund Designated fund for functional fixed assets Restricted funds Supporting loneliness and isolation Youth project Well being for Haydon Wick residents Art materials TOTAL FUNDS |
At 1.4.21 £ 88,357 124,277 102,079 314,713 3,497 - 3,497 318,210 as follows: |
Net movement in funds £ 48,317 (3,597) - 44,720 (3,497) 134,513 131,016 175,736 Incoming resources £ 198,750 - 198,750 - 186,249 1,500 3,000 190,749 389,499 |
Transfers between At funds 31.3.22 £ £ (1,351) 135,323 1,351 122,031 - 102,079 - 359,433 - - - 134,513 - 134,513 - 493,946 Resources Movement expended in funds £ £ (150,433) 48,317 (3,597) (3,597) (154,030) 44,720 (3,497) (3,497) (51,736) 134,513 (1,500) - (3,000) - (59,733) 131,016 (213,763) 175,736 |
At 31.3.22 £ 135,323 122,031 102,079 |
|---|---|---|---|---|
| 359,433 - 134,513 |
||||
| 134,513 | ||||
| 493,946 | ||||
| 44,720 (3,497) 134,513 - - |
||||
| 131,016 | ||||
| 175,736 |
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2022
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Designated fund for functional fixed assets Designated fund for exit costs Restricted funds Renovations Supporting loneliness and isolation TOTAL FUNDS |
At 1.4.20 £ 28,280 125,728 85,066 239,074 - - - 239,074 |
Net movement in funds £ 76,472 (3,259) - 73,213 2,426 3,497 5,923 79,136 |
Transfers between funds £ (16,395) 1,808 17,013 2,426 (2,426) - (2,426) - |
At 31.3.21 £ 88,357 124,277 102,079 314,713 - 3,497 3,497 318,210 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated fund for functional fixed assets Restricted funds Renovations Supporting loneliness and isolation Covid response and recovery TOTAL FUNDS |
Incoming resources £ 151,878 - 151,878 2,426 10,000 101,000 113,426 265,304 |
Resources Movement expended in funds £ £ (75,406) 76,472 (3,259) (3,259) (78,665) 73,213 - 2,426 (6,503) 3,497 (101,000) - (107,503) 5,923 (186,168) 79,136 |
|---|---|---|
Loneliness and isolation - grant from National Lottery Awards for All to support those facing loneliness and isolation during the COVID pandemic
COVID response and recovery - grants to support the charity to continue to provide its arts and wellbeing services during the COVID pandemic.
Youth project - grants to support young people, many of whom come from high risk groups, such as those experiencing suicidal ideation, present with a range of complex needs, schizophrenia, drug and alcohol addictions, loneliness and isolation, and self-harm amongst others.
Designated Fund for Functional Assets - to ensure that adequate reserves are set aside to allow for the depreciation of the Charity's fixed assets.
Designated Fund for exit costs - to cover the exit costs if the charity had to close in 6 months.
Transfers between funds
The following transfers took place during the year:
| Transfer to | Transfer from | Amount £ | Reason |
|---|---|---|---|
| Designated fund for functional fixed assets | General fund | 1,351 | Fixed assets purchased |
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Notes to the Financial Statements - continued for the Year Ended 31 March 2022
17. RELATED PARTY DISCLOSURES
The wife of the trustee, C Mattinson, is the Chief Executive Officer of the Charity. C Mattinson was not involved in the appointment of the CEO and the Charity has put processes in place to avoid any conflicts of interest.
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