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2020-12-31-accounts

REGISTERED CHARITY NUMBER: 1180059

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31st December 2020

for Friends of Fairford & Lechlade Communities

Lees & Co Accountants 3 Whiteway Court The Whiteway Cirencester Gloucestershire GL7 7BA

Friends of Fairford & Lechlade Communities

Contents of the Financial Statements for the Year Ended 31st December 2020

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 12
Detailed Statement of Financial Activities 13 to 14

Friends of Fairford & Lechlade Communities

Report of the Trustees

for the Year Ended 31st December 2020

The trustees present their report with the financial statements of the charity for the year ended 31st December 2020. 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).

Linked Charity

The Trustees have established this Charity as a Charitable Incorporated Organisation to deliver all the services that were being provided by The League of Friends of Fairford Hospital Charity (Registration number 1006416). The full transition from The League of Friends of Fairford Hospital to the Friends of Fairford & Lechlade Communities has not been completed so two statutory sets of accounts will be produced, one for each Charity, together with an informal set of consolidated accounts. The consolidated accounts will show the full financial picture of expenditure and income.

The two Charities have the same trustees on the Management Committee and hold formal joint meetings. The Trustees continue to provide the charitable services and benefits to the community as if it was one organisation.

OBJECTIVES AND ACTIVITIES Objectives and aims

The Community Friends is a community based charity and is run by volunteers.

The objects of the Community Friends, as set out in its governing documents, is the advancement of health including mental health for all persons in the area of benefit. The relief of those in need because of age, ill health or disability within the area of benefit by the provision and/or funding of medical and healthcare services. The relief of those in need because of youth, age, ill health, disability, financial hardship or other disadvantage within the area of benefit including by means of the provision of palliative care, respite care, day centres, mobility assistance, counselling and end of life care.

It is focused on the local community serving and supporting the people who live in Fairford, Lechlade and the surrounding villages.

Public benefit

All the activities focus on providing health related and wellbeing support to the people within the local community. The activities during the year included:

The Trustees have regard to the Charity Commission's public benefit guidance in exercising its powers and duties.

All the activities focus on providing health related and wellbeing support to the people within the local community either by providing direct support to individuals and families in need or by supporting community organisations that are essential for the wellbeing and sustainability of the community.

Grantmaking

Grants are made for Family Funding Support aimed at funding health care support and short term respite care in areas of need for families and carers of all ages. This can typically range from funding additional hours at specialist respite centres for children and young adults to short term respite care for carers.

Grants are also made to local health organisations and towards medical equipment for use in the area which the Committee considers are compatible with the League's objectives for the residents in its region.

Page 1

Friends of Fairford & Lechlade Communities

for the Year Ended 31st December 2020

Report of the Trustees

OBJECTIVES AND ACTIVITIES

Covid-19

Covid-19 has had a significant impact on the Charity's activities and fund raising but despite this it has been able to maintain the majority of its services if it has been safe to do so. In addition, thanks to an extremely generous donation from the Lakes by Yoo Company we have been able to provide support to individuals, families and local organisations who have been impacted by the pandemic.

The donation received from The Lakes By Yoo Company and included in these accounts was £30,000. There was a further £101,584 donated by the residents of The Lakes By Yoo Development which is included in The League's Accounts. We designated these funds for supporting individuals, families and local organisations that had been impacted by the pandemic.

If this donation had not been received and ignoring the Covid Community Support grants that we awarded in 2020 from this donation, the Charity would have made a surplus of approximately £12,000 as opposed to the surplus of £42,384 which is shown in these Accounts.

Page 2

Friends of Fairford & Lechlade Communities

for the Year Ended 31st December 2020

Report of the Trustees

ACHIEVEMENT AND PERFORMANCE Charitable activities

The following services were provided in 2020:

Grants awarded within the community

Covid-19 Community Support Grants:

From the donation of £30,000 from The Lakes By You Company one Grant was awarded totalling £270. This was for Play Together in Fairford to cover the Fairford Community Centre room hire cost.

Family Funding Grants

2 Grants totalling £3,870 were awarded to individuals/families who were in need of support and assistance. The range of circumstances were:

People For You

People For You was established as a new charity in 2019 following its demerger from the GRCC and we guaranteed funding for the new charity for the first three years to provide its valuable services within our area of benefit. It is a charity whose primary aim is to combat loneliness and isolation. We provided funding of £3,662. Supporting 28 volunteers and 25 vulnerable people.

Farmor's School

A Grant of £5,000 was awarded to Farmors School to assist with their student counselling programme.

FINANCIAL REVIEW

Financial position

Total income for 2020 is £64,935 with expenditure of £22,551 giving the Community Friends a surplus of £42,384 for the year. This compares with a surplus last year of £17,316.

Total funds stand at £59,700 and £29,730 of this is designated as Covid-19 Community Support Funding.

Investment policy and objectives

Due to stock market uncertainty and the Committee's wish to maintain ready liquidity the general policy is not to hold investments for a long term objective but to place them in deposits and near cash instruments.

Page 3

Friends of Fairford & Lechlade Communities

for the Year Ended 31st December 2020

Report of the Trustees

FINANCIAL REVIEW

Reserves policy

The Trustees consider that the total funds of £59,700 as at 31 December 2020 are at an appropriate level, together with those from the linked charity to ensure the Community Friends has the ability to:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is governed by objects and rules approved by The Charity Commission on 24th September 2018 and constitutes a Charitable Incorporated Organisation.

Decision making

Management Committee

The business of the charity is conducted by the Management Committee. One third of the members retires at each Annual General Meeting and may offer themselves for re-election. All members are volunteers and are unpaid except when any member renders services to beneficiaries of the charity when they are remunerated on the same basis as other persons providing such services.

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.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1180059

Principal address

Lloyds Chambers High Street Lechlade Gloucestershire GL7 3AE

Trustees

Mr G Hewitt - Chairman Miss A Miles Mr M Harwood (resigned 28.1.20) Mrs M Pursch Dr G Wallis Mrs C Topple Mr J Dawson Mrs R Berridge Mrs J A Sanford Mrs J Price (resigned 28.1.20) Miss H Finlay Ms R Godden Ms S Welsh Mr R J Read (appointed 12.10.20) M Watkins (appointed 12.10.20)

Page 4

Friends of Fairford & Lechlade Communities

Report of the Trustees

for the Year Ended 31st December 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner Lees & Co Accountants 3 Whiteway Court The Whiteway Cirencester Gloucestershire GL7 7BA

Secretary / Administrator Christine Barker fairford.lof@hotmail.co.uk Tel: 07767 408409

Approved by order of the board of trustees on 23rd August 2021 and signed on its behalf by:

Mr G Hewitt - Chairman - Trustee

Page 5

Independent Examiner's Report to the Trustees of Friends of Fairford & Lechlade Communities

Independent examiner's report to the trustees of Friends of Fairford & Lechlade Communities

I report to the charity trustees on my examination of the accounts of Friends of Fairford & Lechlade Communities (the Trust) for the year ended 31st December 2020.

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

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:

  1. 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

  3. 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.

Philip Collins ACA Lees & Co Accountants 3 Whiteway Court The Whiteway Cirencester Gloucestershire GL7 7BA

28th October 2021

Page 6

Friends of Fairford & Lechlade Communities

Statement of Financial Activities

for the Year Ended 31st December 2020

Period
24.9.18
Year Ended to
31.12.20 31.12.19
Unrestricted Total
funds funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 62,557 24,720
Other trading activities 2 2,378 7,096
Total 64,935 31,816
EXPENDITURE ON
Raising funds 3 1,713 3,275
Charitable activities
Nursing 904 547
Funding 13,955 10,481
Family Funding 4,390 184
Patient Transport 1,022 13
Edna Dawes Lunch Club 567 -
Total 22,551 14,500
NET INCOME 42,384 17,316
RECONCILIATION OF FUNDS
Total funds brought forward 17,316 -
TOTAL FUNDS CARRIED FORWARD 59,700 17,316

The notes form part of these financial statements

Page 7

Friends of Fairford & Lechlade Communities

Balance Sheet

31st December 2020

31.12.20
Unrestricted
funds
Notes
£
CURRENT ASSETS
Debtors
6
14,286
Cash at bank and in hand
86,372
100,658
CREDITORS
Amounts falling due within one year
7
(40,958)
NET CURRENT ASSETS
59,700
TOTAL ASSETS LESS CURRENT
LIABILITIES
59,700
NET ASSETS
59,700
FUNDS
8
Unrestricted funds
59,700
TOTAL FUNDS
59,700
31.12.19
Total
funds
£
9,230
16,400
25,630
(8,314)
17,316
17,316
17,316
17,316
17,316

The financial statements were approved by the Board of Trustees and authorised for issue on 23rd August 2021 and were signed on its behalf by:

Mr G Hewitt - Chairman - Trustee

The notes form part of these financial statements

Page 8

Friends of Fairford & Lechlade Communities

Notes to the Financial Statements for the Year Ended 31st December 2020

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.

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.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.

2. OTHER TRADING ACTIVITIES

Period
24.9.18
Year Ended to
31.12.20 31.12.19
£ £
Fundraising events 777 6,417
Shop income 248 -
Social lotteries 592 348
Christmas Cards 761 331
2,378 7,096

continued...

Page 9

Friends of Fairford & Lechlade Communities

Notes to the Financial Statements - continued for the Year Ended 31st December 2020

3. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
Period
24.9.18
Year Ended to
31.12.20 31.12.19
£ £
Rent, Rates and Water 997 347
Advertising - 115
Charity Shop Running costs 120 -
Support costs 5 768
1,122 1,230

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2020 nor for the period ended 31st December 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2020 nor for the period ended 31st December 2019.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 24,720
Other trading activities 7,096
Total 31,816
EXPENDITURE ON
Raising funds 3,275
Charitable activities
Nursing 547
Funding 10,481
Family Funding 184
Patient Transport 13
Total 14,500
NET INCOME 17,316
TOTAL FUNDS CARRIED FORWARD 17,316

continued...

Page 10

Friends of Fairford & Lechlade Communities

Notes to the Financial Statements-continued Notes to the Financial Statements-continued
for the Year Ended 31st December 2020
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£ £
Trade debtors 7,120 5,875
Prepayments and accrued income 7,166 3,355
14,286 9,230
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£ £
Trade creditors 1,247 6,433
League of Friends of Fairford Hospital 38,591 1,278
Accrued expenses 1,120 603
40,958 8,314
8. MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
£ £ £
Unrestricted funds
General fund 17,316 12,654 29,970
Covid-19 Community Support Fund - 29,730 29,730
17,316 42,384 59,700
TOTAL FUNDS 17,316 42,384 59,700
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 34,935 (22,281) 12,654
Covid-19 Community Support Fund 30,000 (270) 29,730
64,935 (22,551) 42,384
TOTAL FUNDS 64,935 (22,551) 42,384

continued...

Page 11

Friends of Fairford & Lechlade Communities

Notes to the Financial Statements - continued for the Year Ended 31st December 2020

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
in funds 31.12.19
£ £
Unrestricted funds
General fund 17,316 17,316
TOTAL FUNDS 17,316 17,316
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 31,816 (14,500) 17,316
TOTAL FUNDS 31,816 (14,500) 17,316

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2020.

Page 12

Friends of Fairford & Lechlade Communities

Detailed Statement of Financial Activities for the Year Ended 31st December 2020

Detailed Statement of Financial Activities
for the Year Ended 31st December 2020
Period
24.9.18
Year Ended to
31.12.20 31.12.19
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 42,403 21,050
Gift aid - 2,938
Grants 20,154 -
Clinic Income - 125
Reimbursements - 607
62,557 24,720
Other trading activities
Fundraising events 777 6,417
Shop income 248 -
Social lotteries 592 348
Christmas Cards 761 331
2,378 7,096
Total incoming resources 64,935 31,816
EXPENDITURE
Raising donations and legacies
Rent, Rates and Water 997 347
Advertising - 115
Charity Shop Running costs 120 -
1,117 462
Other trading activities
Purchase of Christmas Cards - 285
Licensing 442 40
House to House costs - 580
Cost of Fundraising events - 1,032
442 1,937
Charitable activities
Sundries 338 -
Nursing expenses 347 -
Edna Dawes Lunch Club 500 -
Memory Club 246 492
Family Funding 3,870 140
Patient Transport Scheme costs 900 10
Carried forward 6,201 642

This page does not form part of the statutory financial statements

Page 13

Friends of Fairford & Lechlade Communities

Detailed Statement of Financial Activities

for the Year Ended 31st December 2020

Detailed Statement of Financial Activities
for the Year Ended 31st December 2020
Period
24.9.18
Year Ended to
31.12.20 31.12.19
£ £
Charitable activities
Brought forward 6,201 642
Community Wellbeing 3,400 417
People for You 3,662 4,289
Grants to institutions 5,270 5,000
18,533 10,348
Support costs
Management
Room hire 21 121
Advertising 450 -
Sundries - 1
Bookkeeping 791 733
1,262 855
Information technology
Computer and IT costs 314 -
Human resources
Training 403 418
Other 2
Independent Examiner's Fees 480 480
Total resources expended 22,551 14,500
Net income 42,384 17,316

This page does not form part of the statutory financial statements

Page 14