2022-03-31-accounts - Hart Gables

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CHARITY REGISTRATION NUMBER: 1179075

Hart Gables CIO Unaudited Financial Statements

31 March 2022

S J ACCOUNTING SERVICES (NE) LTD

Hart Gables CIO

Financial Statements

Year ended 31 March 2022

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	5
Statement of financial activities	6
Statement of financial position	7
Notes to the financial statements	8

Hart Gables CIO

Trustees' Annual Report

Year ended 31 March 2022

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2022.

Reference and administrative details

Registered charity name	Hart Gables CIO
Charity registration number	1179075
Principal office	The Innovation Hub
	Newtown Community Resource Centre
	Durham Road
	Stockton on Tees
	TS19 0DE
The trustees
	D Langley
	T Herrington
	D Gibson
	L Kennedy
	P Neal
Independent examiner	SJ Accounting Services (NE) Ltd
	3 Galava Walk
	Ingleby Barwick
	Stockton on Tees
	TS17 5JD

Structure, governance and management

Hart Gables is a Charitable Incorporated Organisation (CIO), incorporated on 5th July 2018. The CIO is governed by a Board of Trustees.

Hart Gables CIO

Trustees' Annual Report (continued)

Year ended 31 March 2022

Objectives and activities

The objects of the CIO are to promote equality and diversity, advance education and eliminate discrimination in relation to gay, lesbian, bisexual and transgender people in particular but not exclusively those residing in and around the North East for the benefit of the public by raising awareness in issues affecting the said persons with the object of developing an environment in favour of LGBT equality by providing information, advice and support.

Services offered by Hart Gables include:

One to one support tailored to individual need
Specialised support group sessions T-Time that focuses on Transgender needs and issues, a youth group called Born 2 Be, as well as groups for all such as Cloud 9 and MidWeekMix
Advocacy - enabling those who access the support of Hart Gables to have their voice heard and rights protected
Domestic Abuse and Violence service supporting victims
Third party reporting service for victims of hate crime
Training and awareness raising workshops - both for users of our service and partner organisations
Family support
Outreach work
Volunteer opportunities
Sexual Health and condom distribution

Hart Gables CIO

Trustees' Annual Report (continued)

Year ended 31 March 2022

Achievements and performance

In the last 12 months Hart Gables have delivered 584 one to one support sessions (270 different individuals)

193 support groups have been delivered (267 different individuals attended these sessions) totalling 1831 people accessing group support.

In total, 537 different people have been directly supported by Hart Gables within this reporting period.

28 of those are people seeking asylum.

' I got support from with my mental health and transition journey. It's made me the person I am. My mental health is much better, and I've completed my transition journey. Thank you for all the support - I couldn't have done it without you .' J, 55

42 training sessions around LGBTQ+ inclusion have been delivered in the past 12 months, training a total of 1000 people in the local area.

The LGBT Alliance Awards went ahead for the second year.

8 awards were presented, some winners included Cleveland Police, Tees Esk and Wear Valley NHS Foundation Trust, Roseberry Park Hospital, Hartlepool United Supporters Trust and Nunthorpe Academy.

24 finalists and 1142 viewers on social media platforms.

With successful funding grants the organisation has now expanded into the East Durham area, offering support to LGBTQ+ communities in harder to reach places.

The service will now operate in East Durham, with a base in Wingate.

The organisation has been nominated for 'Small Charity of the Year' at the 2022 North East Charity Awards.

Financial review

The results for the period are reflected in the Statement of Financial Activities in the accounts. The accounts for the year show a surplus of £17,298. The reserves stand at £118,523, £85,825 being unrestricted funds with free reserves of £75,801.

Reserves Policy

The trustees aim is to expend all funds on their charitable objects; however, they recognise the need to maintain a certain level of reserves as a cushion against possible future difficulties. Free reserves at the level of 6 months running costs would allow the charity to continue it's operations while alternative funding sources were sought.

Hart Gables CIO

Trustees' Annual Report (continued)

Year ended 31 March 2022

The trustees' annual report was approved on 4[th] October 2022 and signed on behalf of the board of trustees by:

T Herrington Trustee

Hart Gables CIO

Independent Examiner's Report to the Trustees of Hart Gables CIO

Year ended 31 March 2022

I report to the trustees on my examination of the financial statements of Hart Gables CIO ('the charity') for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements 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.

SJ Accounting Services (NE) Ltd Independent Examiner

3 Galava Walk Ingleby Barwick Stockton on Tees TS17 5JD

Hart Gables CIO

Statement of Financial Activities

Year ended 31 March 2022

			2022		2021
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	4	8,012	152,384	160,396	158,222
Charitable activities	5	5,575	–	5,575	4,072
		----------------------------	--------------------------------	--------------------------------	--------------------------------
Total income		13,587	152,384	165,971	162,294
		============================	================================	================================	================================
Expenditure
Expenditure on charitable activities	6,7	17,956	130,717	148,673	134,680
		----------------------------	--------------------------------	--------------------------------	--------------------------------
Total expenditure		17,956	130,717	148,673	134,680
		============================	================================	================================	================================
		----------------------------	--------------------------------	--------------------------------	--------------------------------
Net income		(4,369)	21,667	17,298	27,614
		============================	================================	================================	================================
Transfers between funds		17,969	(17,969)	–	–
		----------------------------	--------------------------------	--------------------------------	--------------------------------
Net movement in funds		13,600	3,698	17,298	27,614
Reconciliation of funds
Total funds brought forward		73,966	27,260	101,226	73,612
		----------------------------	--------------------------------	--------------------------------	--------------------------------
Total funds carried forward		87,566	30,958	118,524	101,226
		============================	================================	================================	================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 16 form part of these financial statements.

Hart Gables CIO

Statement of Financial Position

31 March 2022

		2022	2021
	Note	£	£
Fixed assets
Tangible fixed assets	12	1,741	706
Current assets
Cash at bank and in hand		119,354	100,253
Creditors: amounts falling due within one year	13	2,572	(267)
		--------------------------------	--------------------------------
Net current assets		116,782	100,520
		--------------------------------	--------------------------------
Total assets less current liabilities		118,523	101,226
		--------------------------------	--------------------------------
Net assets		118,523	101,226
		================================	================================
Funds of the charity
Restricted funds		30,957	27,260
Unrestricted funds		87,566	73,966
		--------------------------------	--------------------------------
Total charity funds	15	118,523	101,226
		================================	================================

These financial statements were approved by the board of trustees and authorised for issue on 4[th] October 2022, and are signed on behalf of the board by:

T Herrington Trustee

The notes on pages 8 to 16 form part of these financial statements.

Hart Gables CIO

Notes to the Financial Statements

Year ended 31 March 2022

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is The Innovation Hub, Newtown Community Resource Centre, Durham Road, Stockton on Tees, TS19 0DE.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 20% straight line Equipment - 20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

3. Accounting policies (continued)

Financial instruments (continued)

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Donations and legacies

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Donations
Donations	1,320	–	1,320

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

4. Donations and legacies (continued)

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			£	£	£
	Grants
	Tudor Trust		–	33,334	33,334
	National Lottery		–	56,116	56,116
	Children In Need		–	6,969	6,969
	Awards For All		–	9,660	9,660
	Durham University		–	3,000	3,000
	HBC Youth Funding		–	1,000	1,000
	Cumbria NHS		–	10,405	10,405
	Henry Smith		–	31,900	31,900
	LGBT Advance Income		6,692	–	6,692
	MBC Arts & Crafts Grant		–	–	–
	Hospital of God		–	–	–
	Middlesbrough Borough Council		–	–	–
	CDCF Covid Care Packs		–	–	–
			-----------------------	--------------------------------	--------------------------------
			8,012	152,384	160,396
			=======================	================================	================================
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			£	£	£
	Donations
	Donations		60	–	60
	Grants
	Tudor Trust		–	34,000	34,000
	National Lottery		–	72,459	72,459
	Children In Need		–	7,964	7,964
	Awards For All		–	–	–
	Durham University		–	739	739
	HBC Youth Funding		–	–	–
	Cumbria NHS		–	–	–
	Henry Smith		–	31,900	31,900
	LGBT Advance Income		4,161	–	4,161
	MBC Arts & Crafts Grant		–	1,326	1,326
	Hospital of God		–	2,000	2,000
	Middlesbrough Borough Council		–	1,000	1,000
	CDCF Covid Care Packs		–	2,613	2,613
			-----------------------	--------------------------------	--------------------------------
			4,221	154,001	158,222
			=======================	================================	================================
5.	Charitable activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Other income from charitable activities	5,575	5,575	4,072	4,072
		=======================	=======================	=======================	=======================

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

6. Expenditure on charitable activities by fund type

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Activity type 1	17,790	125,521	143,311
Support costs	166	5,196	5,362
	----------------------------	--------------------------------	--------------------------------
	17,956	130,717	148,673
	============================	================================	================================
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	£	£	£
Activity type 1	7,348	124,175	131,526
Support costs	177	2,980	3,154
	-----------------------	--------------------------------	--------------------------------
	7,525	127,155	134,680
	=======================	================================	================================

7. Expenditure on charitable activities by activity type

	Activities
	undertaken	Support	Total funds	Total fund
	directly	costs	2022	2021
	£	£	£	£
Activity type 1	143,311	–	143,311	131,526
Governance costs	–	5,362	5,362	3,154
	--------------------------------	-----------------------	--------------------------------	--------------------------------
	143,311	5,362	148,673	134,680
	================================	=======================	================================	================================
Net income
Net income is stated after charging/(crediting):
			2022	2021
			£	£
Depreciation of tangible fixed assets			282	177
			==============	==============
Independent examination fees
			2022	2021
			£	£
Fees payable to the independent examiner for:
Independent examination of the financial	statements		575	575
			==============	==============

8. Net income

9. Independent examination fees

10. Staff costs

The average head count of employees during the year was 5 (2021: 5).

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

11. Trustee remuneration and expenses

no remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or

12. Tangible fixed assets

	Fixtures and
	fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2021	–	883	883
Additions	140	1,177	1,317
	--------------	-----------------------	-----------------------
At 31 March 2022	140	2,060	2,200
	==============	=======================	=======================
Depreciation
At 1 April 2021	–	177	177
Charge for the year	14	268	282
	--------------	-----------------------	-----------------------
At 31 March 2022	14	445	459
	==============	=======================	=======================
Carrying amount
At 31 March 2022	126	1,615	1,741
	==============	=======================	=======================
At 31 March 2021	–	706	706
	==============	=======================	=======================
Creditors: amounts falling due within one year
		2022	2021
		£	£
Trade creditors		1,997	(842)
Accruals and deferred income		575	575
		-----------------------	--------------
		2,572	(267)
		=======================	==============

13. Creditors: amounts falling due within one year

14. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,254 (2021: £2,188).

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

15. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
					At
	At				31 March 20
	1 April 2021	Income	Expenditure	Transfers	22
	£	£	£	£	£
General funds	62,595	13,587	(17,956)	17,575	75,801
Redundancy Reserve	11,371	–	–	394	11,765
	----------------------------	----------------------------	----------------------------	----------------------------	----------------------------
	73,966	13,587	(17,956)	17,969	87,566
	============================	============================	============================	============================	============================
					At
	At				31 March 20
	1 April 2020	Income	Expenditure	Transfers	21
	£	£	£	£	£
General funds	50,980	8,293	(7,525)	10,847	62,595
Redundancy Reserve	–	–	–	11,371	11,371
	----------------------------	-----------------------	-----------------------	----------------------------	----------------------------
	50,980	8,293	(7,525)	22,218	73,966
	============================	=======================	=======================	============================	============================
Restricted funds
					At
	At				31 March 20
	1 April 2021	Income	Expenditure	Transfers	22
	£	£	£	£	£
Tudor Trust	18,037	33,334	(31,819)	(2,888)	16,664
National Lottery	5,977	56,116	(51,120)	(10,973)	–
Children In Need	(138)	6,968	(7,865)	(1,225)	(2,260)
CDCF Covid Care
Packs	–	–	–	–	–
Awards For All	–	9,660	(5,311)	(936)	3,413
Mary Thompson	–	–	–	–	–
MBC Arts & Crafts	1,326	–	(287)	(1,039)	–
Hospital Of God	758	–	–	(758)	–

Restricted funds

Hart Gables CIO

Notes to the Financial Statements (continued)

Year ended 31 March 2022

15. Analysis of charitable funds (continued)

Middlesbrough Borough
Council	1,000	–	(1,000)	–	–
HBC Youth Activity
Funding	–	1,000	(705)	–	295
Henry Smith	300	31,901	(32,050)	(151)	–
Durham University	–	3,000	(560)	–	2,440
Cumbria NHS	–	10,405	–	–	10,405
	----------------------------	--------------------------------	--------------------------------	----------------------------	----------------------------
	27,260	152,384	(130,717)	(17,970)	30,957
	============================	================================	================================	============================	============================
					At
	At				31 March 20
	1 April 2020	Income	Expenditure	Transfers	21
	£	£	£	£	£
Tudor Trust	16,820	34,001	(27,352)	(5,432)	18,037
National Lottery	5,976	72,458	(57,420)	(15,037)	5,977
Children In Need	–	7,964	(6,877)	(1,225)	(138)
CDCF Covid Care
Packs	–	2,613	(2,613)	–	–
Awards For All	(1)	–	–	1	–
Mary Thompson	(642)	739	(97)	–	–
MBC Arts & Crafts	–	1,326	–	–	1,326
Hospital Of God	–	2,000	(1,242)	–	758
Middlesbrough Borough
Council	–	1,000	–	–	1,000
HBC Youth Activity
Funding	179	–	(179)	–	–
Henry Smith	300	31,900	(31,375)	(525)	300
Durham University	–	–	–	–	–
Cumbria NHS	–	–	–	–	–
	----------------------------	--------------------------------	--------------------------------	----------------------------	----------------------------
	22,632	154,001	(127,155)	(22,218)	27,260
	============================	================================	================================	============================	============================
Analysis of net assets	between funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			£	£	£
Tangible fixed assets			1,741	–	1,741
Current assets			85,825	30,957	116,782
			----------------------------	----------------------------	--------------------------------
Net assets			87,566	30,957	118,523
			============================	============================	================================
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			£	£	£
Tangible fixed assets			706	–	706
Current assets			73,260	27,260	100,520
			----------------------------	----------------------------	--------------------------------
Net assets			73,966	27,260	101,226
			============================	============================	================================