2021-03-31-accounts

Charity registration number: 1184021

Staffordshire Sexual Health Charity

Annual Report and Financial Statements

for the Year Ended 31 March 2021

Staffordshire Sexual Health Charity

Contents

Reference and Administrative Details	1
Trustees' Report	2 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8 to 11

Staffordshire Sexual Health Charity

Reference and Administrative Details

Trustees Ian Mason Darren Kempson Caleb Butler Principal Office The Dudson Centre Hope Street Stoke on Trent Staffs ST1 5DD Charity Registration Number 1184021 Independent Examiner Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST1 5DD

Page 1

Staffordshire Sexual Health Charity

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2021.

Trustees

Ian Mason

Darren Kempson (appointed 8 February 2021) Caleb Butler (appointed 8 February 2021)

Carol Ashley (resigned 7 August 2020) Phillip Dreghorn (resigned 8 February 2021)

Mr Derek Parry (resigned 8 February 2021)

Mr Paul Smith (resigned 16 June 2020)

Objectives and activities

Objects and aims

Staffordshire Sexual Health Charity provides services to motivate, empower and support individuals to develop positive sexual health, well-being, social inclusion and independence.

Vision

Build an honest and open culture across Stoke-on-Trent and Staffordshire where everyone can make informed and responsible choices about their sexual activity.

Aims

Provide a high quality service that is accessible to all

Recognise that sexual ill health can affect anyone

Recognise that sexual ill health can affect all parts of society

To educate communities by breaking down barriers and challenging stigma in the promotion of sexual health

Public benefit

Mission

We will support the well-being of those living in Stoke-on-Trent and Staffordshire who are affected by, or are at risk of sexual ill-health. This will be achieved by raising awareness and providing education, assistance, information, advice and advocacy to support the development of positive sexual health.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

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Staffordshire Sexual Health Charity

Trustees' Report

Achievements and performance

The last 12 months have been challenging due to the pandemic. This has delayed our formal launch of Staffordshire Sexual Health Charity. Due to the pandemic there was a delay in opening a new bank account for SSHC. The sale of 9 Birch Terrace took longer than anticipated which meant a delay in funds reaching our bank account. During this year there has also been a number of changes within the Trustee Board which delayed us accessing the bank account. We are currently in the process of closing Staffordshire Buddies and transferring all of the charities work and resources across to the Staffordshire Sexual Health Charity. We will finally close Staffordshire Buddies accounts at the end of June 2021 and will start the new financial year as the Staffordshire Sexual Health Charity. At this point, all staff and other resources from Staffordshire Buddies will transfer to the Staffordshire Sexual Health Charity

Financial review

The charity received £95,465 from the charity Staffs Buddies and £625 in the form of a grant from Western Power.

The only expenditure was £360 governance costs.

Policy on reserves

Staffordshire Sexual Health Charity will endeavour to achieve and maintain a level of unrestricted reserves in current assets that in total is equivalent to 6 months of the average day to day operating costs. This is deemed to be a safe minimum level to allow for unpredicted changes in the Charity’s income and the late payment of funding for services. These reserves will comprise the following:

1. Staff Redundancy

The Charity will maintain a designated fund for staff redundancy at a level in excess of the statutory redundancy entitlements of all staff currently employed.

1. Staffing

The Charity will maintain a designated fund for staffing issues such as temporary cover for long term sickness absence, maternity and/or paternity leave etc. This fund will also provide some protection against the risk that a staff member is made redundant after funding for their post ceases and the Charity is left liable for salaries during the statutory notice period.

The Charity will endeavour to increase the reserves for staffing issues to a level that exceeds the total liability for payment of salaries during statutory notice periods for all staff currently employed. 3. Maintenance

The Charity will maintain a designated fund for maintenance of premises. Wherever possible the funding for services shall include charges for maintenance of premises that will be diverted to this fund. This fund will be used to cover the cost of decorating, repairing and otherwise maintaining Charity premises. 4. General

The balance of the current assets in unrestricted funds designated by the trustees will be held in “general” reserves to manage cash flow and as a contingency for unplanned expenditure.

It is noted that the Charity has a significant sum in reserve as current assets as the proceeds of the sale of Birch Terrace were transferred from Staffs Buddies .This is more than adequate to meet the reserves policy.

The Finance committee will annual agree the amount of reserves as part of the budget setting process.

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Staffordshire Sexual Health Chsrity Truste￿, Report Strntmre* govtrnaDet aDd manazement braffordshire Sexual Health Lharity 15 a CIO re8isiered since 21 2019. The consiiiuiion was adopied on this dale ￿ld amended on 07 Feb 2010. Due io the pandemic the Offici￿ launth has been delayed and is set ￿ happem io June 2021. Neiv trusie&s are recru]ted and appoinied by the exisiit)¥ tyusiees from time to time to provide TelevaJ)t experL¢n¥¢ and te¢hnJcal support to the chariry. Appivpriate inducuon Bnd trainin¥ is provided if considered n￿esSary. The annu￿ report Wds approved by the tr￿￿etS of th¢ tharity on fL•¢ and si￿1¢d on its b¢ha]f by.. lan M&8on Pag¢ 4

Staffordshire Sexual Health Charity

Independent Examiner's Report to the trustees of Staffordshire Sexual Health Charity

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2021 which are set out on pages 6 to 11.

Respective responsibilities of trustees and examiner

As the charity’s trustees of Staffordshire Sexual Health Charity 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 Staffordshire Sexual Health Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

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

1. accounting records were not kept in respect of Staffordshire Sexual Health Charity 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 accounting 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.

...................................... Daryl Denson ACMA

VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST1 5DD

22/06/2021 Date:.............................

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Staffordshire Sexual Health Charity

Statement of Financial Activities for the Year Ended 31 March 2021

Note Income and Endowments from: Donations and legacies Other income Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds carried forward 10	Unrestricted funds £ 625 95,465 96,090 (360) (360) 95,730 95,730 95,730	Total 2021 £ 625 95,465
		96,090
		(360)
		(360)
		95,730
		95,730
		95,730

All of the charity's activities derive from continuing operations during the above period.

The notes on pages 8 to 11 form an integral part of these financial statements. Page 6

StAffordshire Sexual Health Charity (Regislration number: 1184021) Balance Sheet as at 31 %larch 2021 21)21 Note Currth¢ assets C.&sh ai bank wid in hand 96.090 Creditor4: Amounts fAlling due Ylithitt yeY (360 Net sset 95,730 Funds of the ¢hrity: Unrestritied I￿¢0￿ fund$ Unrestncted funds 95.730 Toial fund 10 95,730 The tinancial Statements on po¥es 6 to I I wrr¢ 4pproved by the tr￿Stets. and authofised for issue on and signed on their behalf by.. lan M&son Trlls￿¢ The note5 on page5 8 to I I fomi an Lntegral pan of th¢s¢ flnancial s￿ements. Page 7

Staffordshire Sexual Health Charity

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Staffordshire Sexual Health Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

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Staffordshire Sexual Health Charity

Notes to the Financial Statements for the Year Ended 31 March 2021

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

2 Income from donations and legacies

Grants, including capital grants; Grants from companies Total for 2021	Unrestricted funds General £ 625 625	Total funds £ 625
		625

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Staffordshire Sexual Health Charity

Notes to the Financial Statements for the Year Ended 31 March 2021

3 Other income

Income from asset transfer Total for 2021	Unrestricted funds General £ 95,465 95,465	Total funds £ 95,465
		95,465

Assets which comprise cash balances to the value of £95,465 were transferred into Staffordshire Sexual Health Charity from Staffs Buddies (Charity number 1047375 ).

4 Expenditure on charitable activities

		Unrestricted
		funds	Total
		General	funds
	Note	£	£
Governance costs		360		360

5 Analysis of governance and support costs

Governance costs

Independent examiner fees Examination of the financial statements Total for 2021	Unrestricted funds General £ 360 360	Total funds £ 360
		360

6 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

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Staffordshire Sexual Health Charity

Notes to the Financial Statements for the Year Ended 31 March 2021

7 Taxation

The charity is a registered charity and is therefore exempt from taxation.

8 Cash and cash equivalents

8 Cash and cash equivalents
Cash at bank 9 Creditors: amounts falling due within one year Accruals 10 Funds Unrestricted funds General	Incoming resources £ 96,090	Resources expended £ (360)	2021 £ 96,090
			2021 £ 360
			Balance at 31 March 2021 £ 95,730

11 Analysis of net assets between funds

Current assets Current liabilities Total net assets	Unrestricted funds General £ 96,090 (360) 95,730	Total funds at 31 March 2021 £ 96,090 (360)
		95,730

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