REGISTERED CHARITY NUMBER: 1181440
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st March 2021
for
LanSEN Together
Hodgsons Chartered Accountants Unit 2 Dunheved Court Pennygillam Way LAUNCESTON Cornwall PL15 7ED
LanSEN Together
Contents of the Financial Statements for the Year Ended 31st March 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
LanSEN Together
Report of the Trustees for the Year Ended 31st March 2021
The trustees present their report with the financial statements of the charity for the year ended 31st March 2021. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
1) To relieve the needs of children with special educational needs and their families/carers in Cornwall and Devon by providing advice, guidance and support and by providing or assisting in the provision of facilities for recreation in the interest of social welfare.
2) To promote social inclusion among children with special educational needs and their families/carers in Cornwall and Devon who are socially excluded from society or parts of society as a result of their special educational needs by:
i) Providing education and information to support and enable parents/carers to maximize educational opportunities for their child/children.
ii) Raising public awareness of the issues affecting children with special educational needs and their family/carers, both generally and in relation to their social exclusion.
iii) Providing advocacy, support and advice.
Activities for the Public Benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the CIO's aims and objectives in planning future activities.
The main activities LanSEN have undertaken in relation to the objectives set out in the governing document are:
-
Social media support group - we have set up a very successful support group on social media which helps us connect to the community and our services users. This is constantly monitored.
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We launched our website and social media pages.
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Youth group and home learning groups at different locations in the local area.
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Securing a permanent location that will ensure we are able to offer consistent and regular groups and support services to the local community.
-
We started working closely with some of the local schools to provide an in school support network for students and staff and to raise awareness through fundraising activities / group assemblies. This is still in the early stages due to complications of Covid-19.
-
Holding phone calls and video calls to families who are looking for support and information during the Covid-19 pandemic.
ACHIEVEMENT AND PERFORMANCE
Achievements for the Period
The main achievement in the period was securing a permanent office and location at the Orchard Centre where regular groups and classes can be offered for local service users. This proved to be difficult due to the lack of affordable commercial units in our area, combined with the challenges of Covid-19. The Orchard Centre offers a central location to the town centre and provides the charity with a central address and somewhere our directors and trustees can meet and work from and hold one to one support meetings with service users and their families. The building also has an area that is suitable for us to hold our youth groups and classes, once it is safe for these to resume.
Due to the Covid restrictions it was necessary for many of the planned clubs and fundraising events to be put on hold or cancelled. It is hoped these will be able to resume in the coming period.
FINANCIAL REVIEW
Going concern
The trustees consider that there are no material uncertainties about the CIO's ability to continue as a going concern.
Major risks
The major risks to which the charity is exposed as identified by the trustees continue to be reviewed and systems have been established to mitigate those risks.
Page 1
LanSEN Together
Report of the Trustees
for the Year Ended 31st March 2021
FINANCIAL REVIEW
Reserves policy
The charity's policy is to hold a minimum of £1,500 of unrestricted funds in the account. This should be sufficient to ensure the smooth running of the charity for a minimum of 3 months in the event of a drop in funds due to unexpected circumstances until funding/fundraising can be sourced and implemented.
As at 31st March 2021, the charity's unrestricted reserves were in a deficit at (£1,213) compared with a deficit of (£1,560) as at 31st March 2020. This is partly due to the lack of fundraising possible due to the Covid-19 uncertainty and restrictions and difficulties encountered early in the charity following issues with a rental premises which have resulted in costly legal fees.
Financial position
The charity made a surplus for the year of £11,512 compared with a surplus in the previous period of £7,514. This increase has resulted following the receipt of grants totalling £16,140.
The charity's principal source of funds at the moment is from grants, the majority of which has been received from the National Lottery. Income from fundraising has improved this year following the ability to hold fundraising activities now that the Covid restrictions are easing.
The money that has been spent has helped the charity host our youth groups and support groups. It has also allowed a permanent location to be secured where it is hoped a more regular service can be provided once restrictions ease further. The grants have enabled the charity to purchase equipment, such as laptops, and shortly after the year end, iPads, which will allow the charity to operate more effectively.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, 'CIO - Foundation registered 7th January 2019' and constitutes a charitable incorporated organisation (CIO).
Recruitment and appointment of new trustees
Trustees are appointed following careful consideration and discussion with all acting trustees. The trustees consult with Maria Lawson (founder of the charity) and Evie Hendrix (volunteer), who manage the day to day operations.
Wider network
LanSEN Together is a small charity and the trustees, along side Maria (founder), set up 'Friends of LanSEN Together'. This is a group of parents and service users who help plan activities, classes and fundraising. Those involved also include individuals with a talent or qualification that would like to work alongside us to provide a beneficial outcome for the charity and its service users.
Everyone who volunteers for the charity either as a trustee or 'friend of the charity' must read and agree to LanSEN Together's policies and procedures. We also ensure those working closely to our service users have appropriate checks and qualifications and experience to do so. We believe this minimises any major risks to the charity and our services users.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1181440
Principal address
Orchard Centre Market Street Blind Hole Launceston Cornwall PL15 8AU
Trustees
Emma Mitchell Chris Theobald Katie Burrow Lisa Pitts (appointed 19.02.21)
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LanSEN Together
Report of the Trustees for the Year Ended 31st March 2021
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Hodgsons Chartered Accountants Unit 2 Dunheved Court Pennygillam Way LAUNCESTON Cornwall PL15 7ED
28/01/2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................................... Ms L Pitts - Trustee
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Independent Examiner's Report to the Trustees of LanSEN Together
Independent examiner's report to the trustees of LanSEN Together
I report to the charity trustees on my examination of the accounts of LanSEN Together (the Trust) for the year ended 31st March 2021.
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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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.
Mrs S A Gay FCCA/ACA Hodgsons Chartered Accountants Unit 2 Dunheved Court Pennygillam Way LAUNCESTON Cornwall PL15 7ED
Date: .............................................
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LanSEN Together
Statement of Financial Activities for the Year Ended 31st March 2021
| Period | |||||
|---|---|---|---|---|---|
| 7.1.19 | |||||
| Year Ended | to | ||||
| 31.3.21 | 31.3.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 1,003 | 16,140 | 17,143 | 10,406 |
| Other trading activities | 3 | 2,404 | - | 2,404 | 5 |
| Other income | 4 | - | - | - | 25 |
| Total | 3,407 | 16,140 | 19,547 | 10,436 | |
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Charitable Activities | 3,060 | 4,905 | 7,965 | 2,922 | |
| NET INCOME | 347 | 11,235 | 11,582 | 7,514 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | (1,560) | 9,074 | 7,514 | - | |
| TOTAL FUNDS CARRIED FORWARD | (1,213) | 20,309 | 19,096 | 7,514 |
The notes form part of these financial statements
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LanSEN Together
Balance Sheet 31st March 2021
| 2021 Unrestricted Restricted Total fund fund funds Notes £ £ £ FIXED ASSETS Tangible assets 7 - 598 598 CURRENT ASSETS Cash at bank - 19,711 19,711 CREDITORS Amounts falling due within one year (1,213) - (1,213) NET CURRENT ASSETS/(LIABILITIES) (1,213) 19,711 18,498 TOTAL ASSETS LESS CURRENT LIABILITIES (1,213) 20,309 19,096 NET ASSETS (1,213) 20,309 19,096 FUNDS 8 Unrestricted funds (1,213) Restricted funds 20,309 TOTAL FUNDS 19,096 The financial statements were approved by the Board of Trustees and authorised for issue on ...................................... were signed on its behalf by: 28/01/2022 |
2020 Total funds £ - 9,074 (1,560) 7,514 7,514 7,514 (1,560) 9,074 7,514 ....... and |
|---|---|
............................................. L Pitts - Trustee
The notes form part of these financial statements
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LanSEN Together
Notes to the Financial Statements for the Year Ended 31st March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the CIO, 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 on a receipts and payments basis.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance
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.
DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Period | ||
| 7.1.19 | ||
| Year Ended | to | |
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Donations | 1,003 | 406 |
| Grants | 16,140 | 10,000 |
| 17,143 | 10,406 |
Grants received, included in the above, are as follows:
| Period | ||
|---|---|---|
| 7.1.19 | ||
| Year Ended | to | |
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| National Lottery | 12,200 | 10,000 |
| Other grants | 940 | - |
| Cornwall Council | 3,000 | - |
| 16,140 | 10,000 |
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LanSEN Together
Notes to the Financial Statements - continued for the Year Ended 31st March 2021
3. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | |||||
|---|---|---|---|---|---|
| Period | |||||
| 7.1.19 | |||||
| Year Ended | to | ||||
| 31.3.21 | 31.3.20 | ||||
| £ | £ | ||||
| Fundraising | 2,404 | 5 | |||
| OTHER INCOME | |||||
| Period | |||||
| 7.1.19 | |||||
| Year Ended | to | ||||
| 31.3.21 | 31.3.20 | ||||
| £ | £ | ||||
| Compensation | - | 25 | |||
| TRUSTEES' REMUNERATION AND BENEFITS | |||||
| The trustees all give their time and expertise freely without any form of remuneration or | other | benefit in cash or | kind. | ||
| Trustees' expenses | |||||
| There were no trustees' expenses paid for the year ended 31st March 2021 | nor for the period ended 31st | March 2020. | |||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 406 | 10,000 | 10,406 | ||
| Other trading activities | 5 | - | 5 | ||
| Other income | 25 | - | 25 | ||
| Total | 436 | 10,000 | 10,436 | ||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Charitable Activities | 1,996 | 926 | 2,922 | ||
| NET INCOME/(EXPENDITURE) | (1,560) | 9,074 | 7,514 | ||
| TOTAL FUNDS CARRIED FORWARD | (1,560) | 9,074 | 7,514 |
4. OTHER INCOME
5. TRUSTEES' REMUNERATION AND BENEFITS
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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LanSEN Together
Notes to the Financial Statements - continued
for the Year Ended 31st March 2021
7. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Computer | |||
| equipment | |||
| £ | |||
| COST | |||
| Additions | 700 | ||
| DEPRECIATION | |||
| Charge for year | 102 | ||
| NET BOOK VALUE | |||
| At 31st March 2021 | 598 | ||
| At 31st March 2020 | - | ||
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | (1,560) | 347 | (1,213) |
| Restricted funds | |||
| Restricted Fund | 9,074 | 11,235 | 20,309 |
| TOTAL FUNDS | 7,514 | 11,582 | 19,096 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,407 | (3,060) | 347 |
| Restricted funds | |||
| Restricted Fund | 16,140 | (4,905) | 11,235 |
| TOTAL FUNDS | 19,547 | (7,965) | 11,582 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| in funds | 31.3.20 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | (1,560) | (1,560) | |
| Restricted funds | |||
| Restricted Fund | 9,074 | 9,074 | |
| TOTAL FUNDS | 7,514 | 7,514 |
8. MOVEMENT IN FUNDS
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LanSEN Together
Notes to the Financial Statements - continued for the Year Ended 31st March 2021
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 436 | (1,996) | (1,560) |
| Restricted funds | |||
| Restricted Fund | 10,000 | (926) | 9,074 |
| TOTAL FUNDS | 10,436 | (2,922) | 7,514 |
RESTRICTED FUNDS
National Lottery
In the previous period £10,000 was received from the National Lottery towards resources for the Youth group and for a sensory room and equipment. Of these funds, £879 was spent in the year on resources to enable these groups to run leaving £8,195 available at the year end. It is anticipated that these funds will be used on creating a sensory room once a suitable premises is located.
A further £10,000 was received from the National Lottery in February 2021 towards the running of groups and equipment. £800 of this was spent on Wellness training, leaving an available balance of £9,200.
Laptops
A grant for £600 was received in the year towards the purchase of laptops. Two laptops were purchased in the year and these funds are being released from the restricted fund through depreciation.
Launceston Town Council
Launceston Town Council issued a £340 grant in the year as a contribution towards the charity's advertising costs. £124 was spent during the year on the charity's website maintenance.
Local Connect Fund
A grant for £2,200 was received during the year towards the purchase of iPads. This is utilised in the next accounting period.
Cornwall Council
As part of the Covid support available to charities LanSEN Together received £3,000 towards rent and utilities in the year. This was fully set against rent payments in the year.
| As at 01.04.2020 |
Incoming Resources |
Resources Expended |
Transfers Between Funds |
As at 31.03.2021 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| General Fund | (1,560) | 3,407 | (3,060) | - | (1,213) |
| Restricted Funds | |||||
| Lotto Grant 2020 | 9,074 | - | (879) | - | 8,195 |
| Lotto Grant 2021 | - | 10,000 | (800) | - | 9,200 |
| Laptops | - | 600 | (102) | - | 498 |
| Launceston Town Council | - | 340 | (124) | - | 216 |
| Local Connect Fund | - | 2,200 | - | - | 2,200 |
| Cornwall Council | - | 3,000 | (3,000) | - | - |
| 9,074 | 16,140 | (4,905) | - | 20,309 | |
| Total Funds | 7,514 | 19,547 | (7,965) | - | 19,096 |
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continued...
LanSEN Together
Notes to the Financial Statements - continued for the Year Ended 31st March 2021
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2021.
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LanSEN Together
Detailed Statement of Financial Activities for the Year Ended 31st March 2021
| Period | Period | |||||
|---|---|---|---|---|---|---|
| 7.1.19 | ||||||
| Year Ended | to | |||||
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| £ | £ | £ | £ | |||
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies | ||||||
| Donations | 1,003 | - | 1,003 | 406 | ||
| Grants | - | 16,140 | 16,140 | 10,000 | ||
| 1,003 | 16,140 | 17,143 | 10,406 | |||
| Other trading activities | ||||||
| Fundraising | 2,404 | - | 2,404 | 5 | ||
| Other income | ||||||
| Compensation | - | - | - | 25 | ||
| Total incoming resources | 3,407 | 16,140 | 19,547 | 10,436 | ||
| EXPENDITURE | ||||||
| Charitable activities | ||||||
| Telephone | - | 101 | 101 | - | ||
| Sundries | 39 | - | 39 | - | ||
| Advertising | - | 124 | 124 | 102 | ||
| Insurance | - | - | - | 760 | ||
| Repairs | 281 | 148 | 429 | 43 | ||
| Postage & stationery | 140 | - | 140 | 51 | ||
| Training | - | 800 | 800 | - | ||
| Resources | - | 15 | 15 | 166 | ||
| Rent | - | 3,615 | 3,615 | - | ||
| Depreciation | - | 102 | 102 | - | ||
| 460 | 4,905 | 5,365 | 1,122 | |||
| Support costs | ||||||
| Governance costs | ||||||
| Accountancy | 480 | - | 480 | 1,800 | ||
| Professional fees | 2,120 | - | 2,120 | - | ||
| 2,600 | - | 2,600 | 1,800 | |||
| Total resources expended | 3,060 | 4,905 | 7,965 | 2,922 | ||
| Net income | 347 | 11,235 | 11,582 | 7,514 |
This page does not form part of the statutory financial statements
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