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2024-03-31-accounts

BRISTOL AFTER STROKE

REPORT & FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

Charity Number: 1182124 Company Number: 11814993

BRISTOL AFTER STROKE

FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

Contents

Reference and Administra�ve Informa�on 1
Report of the Trustees/ Directors 2-9
Independent Examiner’s Report 10
Statement of Financial Ac�vi�es 11
Balance Sheet 12
Cash Flow statement 13
Notes to the Financial Statements 14-23

BRISTOL AFTER STROKE REFERENCE & ADMINISTRATIVE INFORMATION

YEAR ENDED 31 MARCH 2024

Registered charity number: 1182124 Registered company number: 11814993

Opera�ng name: Bristol A�er Stroke Principal address: The Gatehouse Centre Hareclive Road Bristol BS13 9JN Trustees/ Directors: M Hill – Chair D Exell – Treasurer P Sco� S Sibley re�red 21[st] November 2023 S Hill S Buddha re�red 23st October 2024 J Gra�on P Knowles C Smethurst J Tyrrell re�red 15[th] November 2023

Independent examiner: Joshua Kingston BSc., ACA Burton Sweet Limited The Clock Tower Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

1

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Bristol A�er Stroke is a Charitable company set up on 8[th] February 2019 with Ar�cles of Associa�on. It was the result of incorpora�ng the Charity Bristol Area Stroke Founda�on. These chari�es have been officially merged on the Charity Commission register of mergers.

Bristol Area Stroke Founda�on was set up by a deed of trust dated 14 July 1983 and was an unincorporated charity. In January 2018 the Charity changed its opera�ng name from Bristol Area Stroke Founda�on to Bristol A�er Stroke.

BAS strategy

BAS has an agreed strategy formulated from consulta�on with our stroke community and volunteers and we are working to a set of strategic priori�es which is being regularly reported on to Trustees.

Recruitment and appointment of new trustees

The appointment of new Trustees is by the exis�ng Trustees. Bristol A�er Stroke has a recruitment process for new Trustees. Prospec�ve new trustees are given a role descrip�on of a trustee and the specific role for example Chair or Treasurer. The candidate is then invited to fill in an applica�on form and invited to an interview to assess suitability against the criteria for the role. Once appointed they then go through an induc�on into the organisa�on and the responsibili�es of the role.

Risk management

The Trustees have a duty to iden�fy 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. Bristol A�er Stroke undertakes a risk management process whereby a risk register is drawn up and is reviewed by the Trustees.

The risk register is split into sec�ons such as Governance risks, Opera�onal risks, Financial and Regulatory risks and compliance. The principal risk we are mi�ga�ng against is loss of or over reliance on key funding streams – BAS has an organisa�onal strategy that has an objec�ve to diversify funding streams and increase reliability of funding. Rela�onship building with commissioners is ongoing and we have decided to invest in a marke�ng role to support with

2

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW

The results for the year to 31 March 2024 are shown on pages 11 and 12 below; the statement of financial ac�vi�es (‘SOFA’) on page 11, supported by the notes, show total income of £475,274 against expenditure of £484,374, a small deficit which is comfortably covered by an increase in the market value of the charity’s investments of over £13,000 since 31 March 2023.

Our finances have proved steady over the year despite a difficult environment. We have matched expenditure with income raised as planned. This has been helped by well performing investments and good fundraising efforts by the charity. The fundraising environment remains challenging with some reduc�ons in funding expected in 2024-5. We have however a strong strategy and a fundraising plan to build on events we have begun this year.

The investment portfolio was valued at £354,227 of which £13,548 was cash waiting to be invested. The total funds of £385,922 comprise unrestricted £171,768, restricted £14,154 and endowments £200,000. It can be seen in note 14 on page 19 that the balance in the main bank account totals £112,755 but that £80,953 of that amount was funds received from our main funders in the last days of March but was due at 1[st] April and is shown in note 15 as deferred income.

Reserves Policy

The Charity’s policy is to aim to maintain the level of unrestricted free reserves at an amount above one-third of projected annual unrestricted expenditure which this year was £447,535. At the year end free reserves were £169,783 (unrestricted funds of £171,768 less fixed assets of £1,985) which well exceeds the minimum level required. This policy ensures that the charity has sufficient funds to continue operating in the event of a short-term income shortfall.

We will continue to adhere to our policy with regard to reserve levels, whilst observing the need to maintain our restricted endowment. While we are aware of the Charity Commission’s guidance around Reserves, as we are still growing we have no concerns around excess reserves. Our focus is on building adequate reserves to maintain our 1/3 of budget commitment.

OBJECTIVES AND ACTIVITIES

Bristol A�er Stroke’s mission is “suppor�ng people to adjust to life a�er stroke”. We do this by:

3

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2024

Our Vision is that:

Our values are:

In planning the charity’s objec�ves for the year, the trustees have considered the Charity Commission’s guidance on public benefit.

Achievement and performance:

“all of the support has been excellent particularly having a key worker, the ACT course and counselling service. Also on line talks. I am looking forward to attending a group this year.”

4

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

Bristol A�er Stroke’s mission is to help people adapt to life a�er stroke. A stroke occurs suddenly and without warning and turns people’s lives upside down. A�er ini�al support from acute services in hospital people o�en describe returning home as feeling abandoned and looking at a very different life to the one they imagined. Bristol A�er Stroke over its 40 years have designed services in response to our mission.

Our services include;

These services form a pathway for people that support the emo�onal, social, prac�cal and ongoing rehabilita�ve needs of people affected by stroke. These in combina�on aim to support improved quality of life and improved health and wellbeing. During this year we have con�nued to innovate and grow in response to need.

5

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

Impact

Our services con�nue to have direct impact on people’s lives. Evalua�ons show our Stroke Key Worker Service is providing important impac�ul work.

Our peer support groups show;

We added to our peer support this year with the pilo�ng of a peer mentor service. We did this in partnership with The Peer Partnership (Brigstowe). We recruited 8 peer mentors all people that have had a stroke, trained them in the Peer Partnership’s model of mentoring and supported 8 people in the year. We hope to con�nue this important and impac�ul work.

Our walking groups con�nue to prove popular and we have added a walking netball group which complements our walking football offer.

One member of walking football said “ it’s made me realise that some things I thought were beyond me both physically and mentally are s�ll possible ”.

Our counselling service supports the psychological and emo�onal impact of stroke and our evalua�ons showed that 78% of respondents rated that they had “changed for the be�er” “felt be�er about themselves “and were “more able to meet the challenges of their life ( scores of 4 or 5 out of a ra�ng of 5)”. Our Core evalua�on scores show movement on average from

6

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

moderate to mild distress due to our interven�on with an average of 6 sessions. One person said;

“[the counsellor] was very relaxed but also professional. I was able to talk about what I wanted to. Having no connec�on with [the counsellor] outside of counselling made this easy.”

Our Physiotherapy groups run in partnership with UWE Physiotherapy department also con�nue to show great impact. We found consistent outcomes showing improved knowledge, skills and physical wellbeing.

Lived Experience involvement

Bristol A�er Stroke is a community of support where stroke affected people are valued and have an essen�al role in its development. BAS has an ac�ve Service User Advisory Group that meets three �mes a year and feeds back on our service development. The Chair of the group a�ends the Trustee board mee�ngs as a lived experience representa�ve. We regularly inform and engage stoke affected people of how they can take part in consulta�ons and research. We are part of the Stroke HIT (Bristol Health Partners) and are involved in collabora�ve effort to include people with lived experience developments locally.

Partnerships and Funding

Bristol A�er Stroke has also been successful developing partnerships and raising funds. We are extremely grateful to all our donors large and small who enable us to reach the people we do and support our mission. We con�nue to have a good partnership with integrated Care Board (previously CCG), Sirona Health and Care and South Gloucestershire Council whose funding enables us to con�nue to innovate and provide essen�al services to people in Bristol and South Gloucestershire.

We have had a great year with individual fundraising this year and are so grateful to everyone who did a challenge for us or made a dona�on. We were incredibly proud of our first Charity walk at Eastville Park which raised nearly £9,000, our treasurer who at the age of 82 took on a cycle challenge from Lands End to John O’Groats raising approximately £10,000. Bristol and Cli�on Golf club also held a very successful golf day for us raising nearly £12,000. Other highlights include a bowls club charity day, plant sales, quiz nights, half marathons, walking challenges, bike rides and collec�ons.

We are also pleased to be con�nuing rela�onships with many trusts, clubs, socie�es and companies in the area who support us. Funders included Garfield Weston, The James Tudor Founda�on, Grateful Society, The Burden Trust, Southern Brookes, the Merchant Venturers, Quartet Community Founda�on, Wesport, Wessex Water, The Anchor Society and others.

These fundraising efforts not only raise funding, but they also raise awareness and as a result of these efforts and others we have been on local radio regularly throughout the year. Without all these funders, our many regular givers and those that choose to leave us legacies, the Charity could not offer much needed support to so many people.

7

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

Statement from our Chair of Trustees– Michael Hill

During the year ending March 2024, we have been busy focusing on our colleagues and our Service Users and ways to sustain our organisa�on.

Over recent years, we have expanded our services to support many more clients than at any �me in our history. This year we have helped some 1,400 people with a range of ac�vity – one to one support, Physiotherapy, Counselling, Group ac�vi�es, Walking football and Netball, Aphasia support and ini�al and six-month assessments. In our 41st year, we have never been busier!

In addi�on, we have established new ini�a�ves to widen our reach and access new funds. Our first “Walk with us” Charity Walk took place in September 2023 and nearly 90 people took part. It was an upli�ing and emo�onal day as a number of those that par�cipated were strokeaffected and walking a mile was a huge achievement – their own personal marathon. Many of those par�cipa�ng raised funds by sponsorship and the new venture was a success, with plans in place to repeat the event in 2024.

However, the concerns around high infla�on and the cost challenge has been ever-present and we remain conscious about maintaining �ght control of our finances and con�nuing to look for funding opportuni�es in a very difficult climate. I am extremely proud of the fact that we have once again managed to balance our finances while delivering our most ambi�ous program of services and keeping a happy and stable workforce.

And that’s my final thought. I am delighted to work with the staff and volunteers of Bristol A�er Stroke and remain extremely humbled by the work they do. A phenomenal team led by an inspira�onal CEO, they go the extra mile to help people in o�en very difficult circumstances, both emo�onally and physically. It’s o�en very challenging and I want to record my apprecia�on of each and every one of them, whether on the front-line helping clients, in the background enabling those people to do what they do best, or volunteering to support the opera�on. These people are gold. Thank you.

Please help us if you can. Donate, volunteer, support or even become a trustee. This small charity dreams big. Help us do even more in the future to make life easier for Stroke Sufferers across Bristol and South Gloucestershire. Thank you.

8

BRISTOL AFTER STROKE REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2024

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accoun�ng Standards including Financial Repor�ng Standard 102: The Financial Repor�ng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accoun�ng Prac�ce).

The law applicable to chari�es in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accoun�ng records that disclose with reasonable accuracy at any �me the financial posi�on of the charity and enable them to ensure that the financial statements comply with the Chari�es Act 2011, the Charity (Accounts and Reports) Regula�ons 2008 and the provisions of the trust deed/cons�tu�on. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.

Approved by order of the board of trustees on………………………… and signed on its behalf by:

M Hill - Trustee …………………………………………

9

BRISTOL AFTER STROKE INDEPENDENT EXAMINER’S REPORT YEAR ENDED 31 MARCH 2024

Independent examiner’s report to the trustees of Bristol After Stroke (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Joshua N Kingston BSc., ACA Burton Sweet Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Date…………………………………

10

BRISTOL AFTER STROKE

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31 MARCH 2024

Note
Income from:
Donations and grants
2
Charitable activities
3
Investments
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Charitable expenditure
Net gains/(losses) on investments
12
Net income/(expenditure)
Transfers between funds
16
Net movement in funds
Total funds at start of period
16
Total funds at end of period
16		 Unrestricted
Funds
£
74,818
372,238
11,749		 Restricted
Funds
£
16,469
-
-		 Endowment
Funds
£
-
-
-		 Total Funds
2024
£
91,287
372,238
11,749		 Total Funds
2023
£
127,960
318,754
11,472
458,805 16,469 - 475,274 458,186
33,694
413,841		 -
36,839		 -
-		 33,694
450,680		 26,219
396,588
447,535 36,839 - 484,374 422,807
13,924 - - 13,924 (24,230)
25,194
(38)		 (20,370)
38		 -
-		 4,824
-		 11,149
-
25,156
146,612		 (20,332)
34,486		 -
200,000		 4,824
381,098		 11,149
369,949
171,768 14,154 200,000 385,922 381,098

The Charity has no recognised gains or losses other than the results for the period as set out above.

All activities of the charity are classed as continuing.

The notes on pages 14 to 23 form part of these financial statements See note 10 for fund-accounting comparative figures

11

BRISTOL AFTER STROKE

BALANCE SHEET

AS AT 31 MARCH 2024

AS AT 31 MARCH 2024 Company Number 11814993 Company Number 11814993
Note
Fixed assets
Tangible assets
11
Investments
12
Current assets
Debtors
13
Cash at bank and in hand
14
Liabilities
Creditors : amounts falling due within one year
15
Net current assets
Net assets
FUNDS
Unrestricted funds
17
Restricted funds
17
Endowment funds
17
Total funds		 2024
£
1,985
340,679
342,664
11,786
126,403
138,189
(94,931)
43,258
385,922
171,768
14,154
200,000
385,922		 2023
£
2,050
305,475
307,525
7,792
74,303
82,095
(8,522)
73,573
381,098
146,612
34,486
200,000
381,098

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act applicable to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

These financial statements were approved by the Trustees on …..........................and are signed on their behalf by:

D Exell Trustee/Treasurer

The notes on pages 14 to 23 form part of these financial statements

12

BRISTOL AFTER STROKE

CASH FLOW STATEMENT

YEAR ENDED 31 MARCH 2024

Note
Net cash inflow from operating activities
18
Non-operational cash flows:
Investing activities
Investment income
Payments for tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Net cash from investing activities
Net cash inflow/(outflow) for the year
19
Cashflow Restrictions		 2024
£
62,186
11,749
(555)
63,320
(84,600)
(10,086)
52,100		 2023
£
18,988
11,472
(1,487)
71,787
(49,383)
32,389
51,377

Charity law prohibits the use of net cash inflows on any endowed or other restricted fund to offset net cash outflows on any fund outside its own objects, except on special authority. In practice, this restriction has not had any effect on cash flows for

The notes on pages 14 to 23 form part of these financial statements

13

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

BRISTOL AFTER STROKE

1 Accounting policies

Accounting convention

The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006.

The charity is a public benefit entity.

The trustees consider that there are no material uncertainties related to events or conditions that cast significant doubt on the Charity's ability to continue as a going concern.

Income

Income is accounted for as receivable once there is a reasonable certainty of the probable economic benefit from the resource and the amount can be reliably measured. Income from donations is included when these are receivable, except as follows:

I. When donors specify that donations given to the Charity must be used in future accounting periods, the income is deferred until those periods;

II. When donors impose conditions which have to be fulfilled before the Charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.

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.

Income from investments is included when receivable.

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 obligation can be measured reliably. Amounts are recorded including any irrecoverable VAT.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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

Fixed assets were held at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each assets over its estimated useful life.

Fixtures and fittings - 15% on reducing balance basis Computer equipment - 33.33% on reducing balance basis

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.

Cash and cash equivalents

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

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 discounts due.

14

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1 Accounting policies (continued)

Fixed asset investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The Statement of Financial Activities includes the net gains and losses arising on revaluation and disposals throughout the year. All gains and losses are taken to the Statement of Financial Activities as they arise.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objects 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.

The permanent endowment fund represents those assets which must be held permanently by the Charity, principally investments.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2 Income from: Donations and grants

Income from: Donations and grants
Donations
Grants received
Prior period comparatives
Donations
Refunded tax
Grants received
Income from: Charitable activities
Sirona Care and Health
South Gloucestershire Council
Subscriptions from Support Groups
Events
Prior period comparatives
Bristol Clinical Commissioning Group
Sirona Care and Health
South Gloucestershire Council
Subscriptions from Support Groups		 Unrestricted
Funds
£
70,428
4,390		 Restricted
Funds
£
2,159
14,310		 Endowment
Funds
£
-
-		 Total Funds
2024
£
72,587
18,700
74,818 16,469 - 91,287
Unrestricted
Funds
£
74,590
2,500
10,500		 Restricted
Funds
£
-
-
40,370		 Endowment
Funds
£
-
-
-		 Total Funds
2023
£
74,590
2,500
50,870
87,590 40,370 - 127,960
Unrestricted
Funds
£
250,183
96,828
9,607
15,620		 Restricted
Funds
£
-
-
-
-		 Endowment
Funds
£
-
-
-
-		 Total Funds
2024
£
250,183
96,828
9,607
15,620
372,238 - - 372,238
Unrestricted
Funds
£
21,463
196,848
94,137
6,306		 Restricted
Funds
£
-
-
-
-		 Endowment
Funds
£
-
-
-
-		 Total Funds
2023
£
21,463
196,848
94,137
6,306
318,754 - - 318,754

3 Income from: Charitable activities

15

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

4 Income from: Investments

Income from: Investments
Interest received Unrestricted
Funds
£
11,749		 Restricted
Funds
£
-		 Endowment
Funds
£
-		 Total Funds
2024
£
11,749		 Total Funds
2023
£
11,472
11,749 - - 11,749 11,472

All income from investments in the prior period was unrestricted.

5 Expenditure on: Raising funds

Wages and salaries
Promotion
Investment management fees
Prior period comparatives
Wages and salaries
Promotion
Investment management fees		 Unrestricted
Funds
£
28,252
2,588
2,854		 Restricted
Funds
£
-
-
-		 Endowment
Funds
£
-
-
-		 Total Funds
2024
£
28,252
2,588
2,854
33,694 - - 33,694
Unrestricted
Funds
£
20,512
2,847
2,860		 Restricted
Funds
£
-
-
-		 Endowment
Funds
£
-
-
-		 Total Funds
2023
£
20,512
2,847
2,860
26,219 - - 26,219

6 Expenditure on: Charitable activities

Support and social groups
Counselling
General information, advice and support
Prior period comparatives
Support and social groups
Counselling
General information, advice and support		 Direct
Costs
£
69,178
38,678
228,002		 Support
Costs
(Note 7)
£
24,113
13,779
76,930		 Total Funds
2024
£
93,291
52,457
304,932
335,858 114,822 450,680
Direct
Costs
£
56,040
31,592
206,743		 Support
Costs
(Note 7)
£
19,420
11,243
71,550		 Total Funds
2024
£
75,460
42,835
278,293
294,375 102,213 396,588

16

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

7 Support costs

Support costs are allocated between activities on the basis of usage for all costs except salaries, expenses and allowances which are apportioned on the basis of staff time.

Support costs, included in note 6, are as follows
and
Charitable
publicity
Activities
£
£
Salaries, expenses and allowances
31,738
Other staff and volunteer costs
-
14,565
Office expenses
-
45,551
Refreshments
-
1,783
Room hire
-
5,309
Therapy & Transport
-
664
Depreciation
-
563
Governance costs (note 8)
-
2,880
-
103,053		 Total Funds
2024
£
35,984
19,407
46,011
1,857
5,993
1,542
620
3,408		 Total Funds
2023
£
31,738
14,565
44,711
1,783
5,309
664
563
2,880
114,822 102,213

8 Net income/(expenditure)

This is stated after charging:

This is stated after charging:
2024 2023
£ £
Independent examiner's remuneration
- for independent examination - current year 2,214 2,400
- prior year 1,194 480
Depreciation 563 563
Trustee expenses (2 trustees reimbursed for training expenses) 193 193

Aggregate donations from Trustees, key management personnel, and other related parties were £1,435 (2023: £785).

No Trustee received any remuneration during either the current or prior year.

9 Staff costs and numbers

The aggregate payroll costs were:

The aggregate payroll costs were:
Wages & salaries
Social security costs
Pension contributions		 2024
£
325,736
22,110
12,528		 2023
£
287,960
19,625
10,012
360,374 317,597

No employee received emoluments of more than £60,000.

The average number of employees during the period was 19, (2023: 18) calculated on the basis of average headcount.

The total employment benefits received by key management personnel were £69,643 (2023: £64,388).

17

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

10 Statement of Financial Activities comparative figures

For the year ended 31 March 2023
Income from:
Donations and grants
Charitable activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net gains on investments
Net (expenditure)/income
Transfers between funds
Net movement in funds
Total funds at start of year
Total funds at end of year		 Unrestricted
Funds
£
87,590
318,754
11,472		 Restricted
Funds
£
40,370
-
-		 Endowment
Funds
£
-
-
-		 Total Funds
2023
£
127,960
318,754
11,472
417,816 40,370 - 458,186
26,219
359,097		 -
37,491		 -
-		 26,219
396,588
385,316 37,491 - 422,807
(24,230) - - (24,230)
8,270
(127)		 2,879
127		 -
-		 11,149
-
8,143
138,469		 3,006
31,480		 -
200,000		 11,149
369,949
146,612 34,486 200,000 381,098

11 Tangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the period
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Fixtures and
fittings
£
7,310
-		 Computer
equipment
£
19,907
555		 Total
£
27,217
555
7,310 20,462 27,772
6,853
64		 18,314
556		 25,167
620
6,917 18,870 25,787
393 1,592 1,985
457 1,593 2,050

18

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

12 Investments

At market value
Smith & Williamson Investment Portfolio
Fixed interest
UK Specialist Credit
Alternative Investments
Multi-Asset
Global
UK Equities
Overseas Equities
Movements
Market value at 1 April
Additions
Disposals
Net (loss)/gain for the year
Market value at 31 March
Historical cost of investments as at 31 March
13 Debtors
Due in less than one year:
Accrued income
Tax reclaimable under gift aid
14 Cash at bank
Main bank account
Short term deposit
Investment account
15 Creditors: amounts falling due within one year
Accruals
Deferred income
Taxation and social security
Other creditors		 2024
£
45,471
20,976
47,385
25,841
32,734
50,508
117,764		 2023
£
21,728
18,469
59,888
31,995
25,641
54,321
93,433
340,679 305,475
2024
£
305,475
84,600
(63,320)
13,924		 2023
£
352,109
49,383
(71,787)
(24,230)
340,679 305,475
276,159 254,928
2024
£
1,786
10,000		 2023
£
4,292
3,500
11,786 7,792
2024
£
112,755
100
13,548		 2023
£
37,917
100
36,286
126,403 74,303
2024
£
7,192
80,953
4,619
2,167		 2023
£
4,659
-
3,863
-
94,931 8,522

19

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

16 Movement in funds

For the period ended 31 March 2024

At 1 Apr 2023
£
Endowment funds
Capital Funds
200,000
Restricted funds
James Tudor Bristol Next Steps
110
Co-Op Downend
5,815
Burden Trust - Next Steps
303
St Monica's Trust
347
Grateful society
3,355
One You
56
Garfield Weston
15,000
Merchant Venturers
2,000
James Tudor
7,500
Wessex Water
-
Lyra Festival
-
ASDA
-
Co-Op
-
Anchor Trust
-
Southern Brooks/Walking
-
Richard Davies CT - Bristol
-
34,486
Unrestricted funds
General funds
146,612
Total funds
381,098		 At 1 Apr 2023
£
200,000		 Income &
Gains
£
-		 Expenditure &
Losses
£
-		 Transfers
£
-		 At 31 Mar
2024
£
200,000
-
-
4,500
-
-
-
-
-
-
2,000
485
400
1,274
5,000
810
2,000		 -
-
(4,653)
-
(3,393)
-
(15,000)
(2,000)
(7,500)
(500)
(280)
-
(1,274)
(1,250)
-
(989)		 -
-
-
-
38
-
-
-
-
-
-
-
-
-
-
-		 110
5,815
150
347
-
56
-
-
-
1,500
205
400
-
3,750
810
1,011
34,486 16,469 (36,839) 38 14,154
146,612 458,805 (433,611) (38) 171,768
381,098 475,274 (470,450) - 385,922

20

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

16 Movement in funds (continued)

For the year ended 31 March 2023

At 1 Apr 2022
£
Endowment funds
Capital Funds
200,000
Restricted funds
S Glos Area grant-Group Work
1,500
Gloucester Community
711
James Tudor Bristol Next Steps
110
Co-Op Downend
5,815
Burden Trust - Next Steps
4,320
Magic Little Grants
10
Wellbeing Day
62
St Monica's Trust
347
Quartet Weslyan Foundation
4,430
Grateful Society
1,480
Sport England
9,095
Three Societies
3,600
One You
-
Garfield Weston
-
Merchant Venturers
-
James Tudor
-
31,480
Unrestricted funds
General funds
138,469
Total funds
369,949		 At 1 Apr 2022
£
200,000		 Income &
Gains
£
-		 Expenditure &
Losses
£
-		 Transfers
£
-		 At 31 Mar
2023
£
200,000
-
-
-
-
-
-
-
-
-
7,500
-
-
870
20,000
2,000
10,000		 (1,500)
(901)
-
-
(4,017)
-
-
-
(4,439)
(5,625)
(9,095)
(3,600)
(814)
(5,000)
-
(2,500)		 -
190
-
-
-
(10)
(62)
-
9
-
-
-
-
-
-		 -
-
110
5,815
303
-
-
347
-
3,355
-
-
56
15,000
2,000
7,500
31,480 40,370 (37,491) 127 34,486
138,469 417,816 (409,546) (127) 146,612
369,949 458,186 (447,037) - 381,098

Endowment funds

Capital Fund

The restricted Capital Fund of £200,000 was started in 1984 when the Trustees of Dawn James Charitable Foundation agreed to match pound for pound monies raised and set aside by the Bristol Area Stroke Foundation up to a maximum of £100,000. This was achieved in 1992.

Legal advice concluded that this £200,000 should be treated as restricted capital which the charity is not allowed to spend. The capital produces income which the charity is allowed to expend on an unrestricted basis. As can be seen from the Statement of Financial Activities Bristol After Stroke received £11,749 (2023: £11,472) in investment income during the period from investments.

Restricted funds

Gloucestershire Community Foundation funds were to support a volunteer led Gardening Group.

James Tudor Bristol Next Steps fund - these were funds for our physiotherapy course and In reach.

Co-Op Downend – Funds to support work in South Glos and our stroke café.

21

NOTES TO THE FINANCIAL STATEMENTS

BRISTOL AFTER STROKE

YEAR ENDED 31 MARCH 2024

16 Movement in funds (continued)

Next Steps Bristol - Funds received to run the Next Steps project, a group exercise programme that is physiotherapy led, supporting the delivery of this programme for Bristol residents.

Magic Little Grants - This was to support a poetry project for our aphasia group.

Wellbeing day funds were received to cover expenses of the Charity's wellbeing day.

St Monica's Trust - funds were received to support the costs involved in preparing and circulating the charity's monthly newsletter for service users who couldn’t attend groups during COVID-related restrictions.

Three Societies Counselling (Grateful Society/ Anchor/ Dolphin)- This was funding received to support the continuation of telephone counselling and the delivery of an online version of the Action After Stroke Course.

The Grateful Society - This was funding to support our Stroke café in Bristol.

Quartet Weslyan Foundation - This funding was to support extra telephone counselling to support us reaching more people in a period of high demand.

South Glos Area Grant - Group Work . This was to support group work in South Gloucestershire.

Sport England - This funding supported BAS to develop videos that would support Next Steps participants to follow extra exercise support at home.

Three Societies (John James / Anchor/ Dolphin) - This was funding to support telephone groups set up due to COVID. The telephone groups were a joint project between BAS and other members of the Bristol support hub.

One You - Funding received to contribute towards the charity's Wellbeing Day.

Garfield Weston - Funding received towards the charity's core costs

Merchant Venturers- Funds received towards volunteering costs.

James Tudor Foundation - Funding received towards counselling costs in Bristol.

Wessex Water - Funds received to support groups in Bristol

Lyra Festival - Funding to support our workshops for and participation in the Lyra Festival

ASDA - Funding for certain activities for the Bristol Stroke Café

Co-Op - Funding towards our counselling service

Anchor Trust - Funding received to support groups in Bristol

Southern Brooks - Funding received to support our Walking Netball Group

Richard Davis Charitable Trust - Funding to support our Bristol Stroke café

Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.

17 Analysis of net assets between funds

At 31 March 2024
Tangible fixed assets
Investments
Net current assets		 Unrestricted
Funds
£
1,985
140,679
29,104		 Restricted
Funds
£
-
-
14,154		 Endowment
Funds
£
-
200,000
-		 Total
Funds
£
1,985
340,679
43,258
171,768 14,154 200,000 385,922

22

BRISTOL AFTER STROKE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

17 Analysis of net assets between funds (continued)

At 31 March 2023
Tangible fixed assets
Investments
Net current assets		 Unrestricted
Funds
£
2,050
105,475
39,087		 Restricted
Funds
£
-
-
34,486		 Endowment
Funds
£
-
200,000
-		 Total
Funds
£
2,050
305,475
73,573
146,612 34,486 200,000 381,098

18 Reconciliation of net movement in funds to net cash inflow from operating activities

Reconciliation of net movement in funds to net cash inflow from operating activities
Statement of Financial Activities: Net movement in funds
Depreciation
(Gains)/losses on investments
Dividends from investments
Increase/(decrease) in creditors: current liabilities
(Increase) / decrease in debtors
Net cash inflow from operating activities		 2024
£
4,824
620
(13,924)
(11,749)
86,409
(3,994)		 2023
£
11,149
563
24,230
(11,472)
(1,154)
(4,328)
62,186 18,988

19 Analysis of changes in cash during the year

Cash at bank and in hand
Cash at bank and in hand		 2024
£
126,403		 2023
£
74,303		 Change
£
52,100
2023
£
74,303		 2022
£
22,926		 Change
£
51,377

23