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.
Page 2
## **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.
2. 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.
Page 3
Staffordshire Sexual Health Chsrity
Truste, Report
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## **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:.............................
Page 5
## **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 ye*Y
(360
Net *sset
95,730
Funds of the ¢h*rity:
Unrestritied I¢0* fund$
Unrestncted funds
95.730
Toial fund
10
95,730
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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.
Page 8
## **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|
Page 9
## **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.
Page 10
## **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|
Page 11