NeuroActiveUK
Company Limited by Guarantee
Trustees Report and Financial Statements for Year to 31st March 2022
Charitiy Number: 1183238 Company Registration Number: 09500084
NeuroActiveUK
Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees Report | 2 |
| Independent Examiner’s Report | 3 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 8 |
NeuroActiveUK
Reference and Administrative details Year to 31st March 2022
| Trustees and Directors: | G Mitchell | Appointed | 19/03/2015 |
|---|---|---|---|
| D Mitchell | Appointed | 01/04/2018 | |
| A Purdy | Appointed | 01/04/2018 | |
| C Johnson | Appointed | 20/02/2019 | |
| B Wilkinson | Appointed | 20/02/2019 | |
| V Madden | Appointed | 01/04/2020 | |
| P Gustard | Appointed | 01/04/2020 | |
| A Draper | Appointed | 29/09/2021 | |
| Registration numbers: | Charity | 1183238 | |
| Company | 9500084 | ||
| Registered Office and | Ouston Community Centre | ||
| Operational Address: | Iris Crescent | ||
| Ouston | |||
| Chester Ie Street | |||
| DH2 1RJ | |||
| Independent Examiner: | G. D. O’Hehir & Co Ltd | ||
| Chartered Certified Accountants | |||
| Barnfield Road | |||
| Spennymoor | |||
| Durham | |||
| DL16 6EA | |||
| Bankers: | Barclays Bank PLC | ||
| 215 High Street | |||
| Gateshead | |||
| NE8 1BX |
Page 1
NeuroActiveUK
TRUSTEE REPORT
Our Trustees are –
Pamela Gustard Brett Wilkinson Clair Johnston Vanessa Madden A Draper
NeuroActive has had a very successful year post pandemic.
In the past year we have received funding from Karbon Homes to provide a free hot meal to the most vulnerable in our community.
Karbon Homes also featured NeuroActive within their magazine. It told our story and featured one of our easy recipes. This magazine is received by many tenants around the northeast. We were very proud to work with Karbon Homes and the article was well received. We have also received funding from Arnold Clarke and Albert Hunt. The grants we have received from these two organisations has enabled us to purchase a new motomed.
We have established partnerships with the following organisations:
– Sunderland University
We provide short term placements for 2[nd] year medical and phycology students. Medical students are able to interact with our clients in a community setting There are plans to continue with this practice and a new cohort of students is planned.
We will continue to work with other agencies and groups to support our clients in 2023
We would like to thank everyone for their continued support
Page 2
NeuroActiveUK
Independent Examiner's Report Year to 31st March 2022
Independent examiners report to the trustees of NeuroActive UK
I report of the financial statements of the charity for the year 1st April 2021 to 31st March 2022, which are set out on the pages 5 to 13.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that act. My work has beam undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees, as a body, for my work or for this report.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the Charities Act
-
Follow procedures laid down in the general directions given by the Charities Commission under section 145 (5) (b) of the Charities Act
-
State whether particular matters have come to my attention
Basis of independent examiners report
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts represented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning those matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts represent a "true and fair" view and the report is limited to those matters set out in the statement below.
Page 3
NeuroActiveUK
Independent Examiner's Report (continued) Year to 31st March 2022
Independent examiners report to the trustees of NeuroActive UK
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
the accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts did not accord with the such records; or
the accounts did not comply with the applicable requirements under section 396 of the Companies Act 2006 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
the accounts have not been prepared in accordance with the Charities SORP (FRS 102)
I 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 should be reached.
Signed
Dated
05/10/2022
G. D. O’Hehir & Co Ltd
Chartered Certified Accountants Barnfield Road Spennymoor Durham DL16 6EA
Page 4
NeuroActiveUk
Statement of Financial Activities (Incorporating income and expenditure account) Year to 31st March 2022
| Note 2 3 4 5 Income from: Donations Support Services Total Income Expenditure on: Fundraising Activities Support Services Total funds at 31st March 2022 Total funds brought forward Net Incoming Resources Total Expenditure |
Unrestricted Restricted Total funds funds funds £ £ £ 2022 2022 2022 5,221 5,221 47,390 - 47,390 |
|---|---|
| 52,611 - 52,611 | |
| - - - 71,929 - 71,929 |
|
| 71,929 - 71,929 | |
| - 19,318 - - 19,318 26,835 5,500 32,335 |
|
| 7,517 5,500 13,017 |
The notes on pages 8 to 13 form part of these financial statements
Page 5
NeuroActiveUk
Balance Sheet As at 31st March 2022
| Note 8 9 10 10 Total Funds Current Assets Cash at bank and in hand Debtors Creditors: amounts falling due within 1 year Net current assets Net Assets Charity Funds: Restricted Funds Unrestricted Funds |
£ £ £ £ - 12,209 13,736 26,660 13,736 38,869 719 6,534 13,017 32,335 13,017 32,335 6,040 6,040 6,977 26,295 13,017 32,335 31st March 2022 31stMarch 2021 |
£ £ £ £ - 12,209 13,736 26,660 13,736 38,869 719 6,534 13,017 32,335 13,017 32,335 6,040 6,040 6,977 26,295 13,017 32,335 31st March 2022 31stMarch 2021 |
|---|---|---|
| 13,736 719 |
||
| 32,335 | ||
| 6,040 26,295 |
||
| 32,335 |
Page 6
NeuroActiveUK
Balance Sheet (continued) As at 31st March 2022
The company was entitled to exemption from audit under s477 of the Companies House Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the Board of Directors and Trustees on 04/10/2022 and signed by on their behalf by:
Mrs D Mitchell Trustee and Company Director
Date: 05/10/2022
Page 7
NeuroActiveUK
Notes to the financial statements As at 31st March 2022
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been consistently applied.
a) Basis of preparation of financial statements
The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities (SORP 2015)" applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), effective 1 January 2015; and the Companies Act 2006 and the Charities Act 2011.
b) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and which have not been designed for any other purposes.
Designated funds are general funds which have been set aside by the trustees for a specific purpose.
Restricted funds are funds which are to be used in the accordance with specific restrictions imposed by donors or which have been raised for the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity has entitlement of the funds, certainty of receipt and the amount can be measured with sufficient reliability. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Gifts in kinds are included in the statement of financial activities at a reasonable estimate of their value at the time they are utilised by the charity, with the equivalent amount being recognised as charitable expenditure. No amounts are included in the financial statements for services donated by volunteers.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost of quantifiable and measurable. No income is recognised where there is now financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deed of covenant is recognised at the time of donation.
d) Resources expended
Expenditure is recognised on an accrual basis and has been included under expense categories that aggregate! all costs for allocation to activities. Where costs can not be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Page 8
NeuroActiveUK
1. Accounting policies (continued)
Support costs are those costs incurred directly in the support of expenditure on the objects of the charity. They include governance costs, which are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
All resources expended ai e inclusive of irrecoverable VAT.
b) Going concern basis
The financial statements have been prepared on a going concern basis. The trustees consider this to be appropriate as they project the level of donations and trading activities to be sufficient to exceed operating costs.
| 2. Donations Donations Grants Receivable Job Retention Scheme Interest |
Unrestricted Restricted Total funds funds funds 2022 2022 2022 £ £ £ 1,315 - 1,315 3,905 - 3,905 - - - 1 - 1 |
|---|---|
| 5,221 - 5,221 |
All income from donations related to unrestricted funds.
| 3. Other trading activities Meals on Wheels Service Gym Day Unit Support |
Unrestricted Restricted Total funds funds funds 2022 2022 2022 £ £ £ 4,035 - 4,035 - - - 43,355 - 43,355 |
|---|---|
| 47,390 - 47,390 |
All income from support related services related to unrestricted funds.
4. Expenditure on raising funds
| 4. Expenditure on raising funds Fundraising events |
Unrestricted Restricted Total funds funds funds 2022 2022 2022 £ £ £ - - - |
| - - - |
All expenditure for fundraising events related to unrestricted funds.
Page 9
NeuroActiveUK
Notes to the financial statements As at 31st March 2022
5. Analysis of resources expended by activities
| Provision of charitable activities | Support Total Direct Costs Costs funds 2022 2022 2022 £ £ £ 29,908 42,021 71,929 |
|---|---|
| 29,908 42,021 71,929 |
All expenditure on charitable activities related to unrestricted funds.
| 6. Support Costs Note Wages and salaries 7 Premises Costs Office running costs Accountancy Travel Staff Training 7. Staff costs Wages and Salaries Employers Pension Social Security costs |
Total funds Total funds 2022 2021 £ £ 22,908 24,370 13,684 9,597 3,626 3,005 1,177 1,494 626 633 - 1,600 42,021 40,699 Total funds Total funds 2022 2021 £ £ 22,908 24,370 - - - - 24,370 24,370 |
|---|---|
The average monthly number of employees during the period was:
| Support | 2022 2021 3 3 |
|---|---|
No employee received remuneration in excess of £10,000
Page 10
NeuroActiveUK
Notes to the financial statements As at 31st March 2022
| 8. Debtors Other debtors 9. Creditors Amounts falling due within 1 year Trade creditors Other taxation and social security Accruals Loans from directors |
31st March 31st March 2022 2021 £ £ - 12,210 - 12,210 31st March 31st March 2022 2021 £ £ 49 1,920 270 56 400 400 - 4,158 719 6,534 |
|---|---|
10. Statement of funds
| General funds Restricted funds M Hartburn Total funds |
1st April Incoming Resources 31st March 2021 Transfers Resources Expended 2022 £ £ £ £ £ 26,295 - 52,611 71,929 6,977 5,500 - - - 5,500 540 - - - 540 |
|---|---|
| 32,335 - 52,611 71,929 13,017 |
The M Hartburn fund has been set aside for future requests of support toward the costs of services for those unable to source external funding
11. Analysis of net assets between funds
| Current Assets Creditors due within 1 year |
Unrestricted Restricted Total funds funds funds 2022 2022 2022 £ £ £ 13,736 - 13,736 719 - 719 |
|---|---|
| 13,017 - 13,017 |
Page 11