DocuSign Envelope ID: 3B01E1BA-0BE9-496F-BCBD-F9D5D41B486E
Charity number: 1184469
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
MEDIATION SURREY CIO
DocuSign Envelope ID: 3B01E1BA-0BE9-496F-BCBD-F9D5D41B486E
MEDIATION SURREY CIO
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 6 |
| Independent examiner's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 19 |
DocuSign Envelope ID: 3B01E1BA-0BE9-496F-BCBD-F9D5D41B486E
MEDIATION SURREY CIO
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021
Trustees A E Coleman M Huggett C Iley, Chair E Steeples E Walker C S Day S Tizard Charity registered number 1184469 Registered office Woking United Reformed Church White Rose Lane Woking Surrey GU22 7HA Accountants Menzies LLP Centrum House 36 Station Road Egham Surrey TW20 9LF Independent Examiners Janice Matthews Menzies LLP Centrum House 36 Station Road Egham Surrey TW20 9LF
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MEDIATION SURREY CIO
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021
The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2020 to 31 March 2021. The annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The summary of the purposes of the CIO as set out in its governing document are as follows:
a) To promote and provide for the public benefit, predominantly but not exclusively in the county of Surrey, the provision of mediation, coaching, conciliation, dispute resolution, reconciliation and resilience services as between persons, organisations, authorities, family members or groups involved or likely to be involved in dispute or interpersonal conflict, including but not limited to any situation where that dispute or conflict results from or may lead to acts of violence, nuisance, vandalism, racial abuse, sexual abuse, unlawful activity of breakdown of public order.
b) To advance to the public benefit the education of the public in the purposes, techniques and processes of such mediation, coaching, conciliation, dispute resolution, reconciliation and resilience and, in particular, the understanding of the nature and causes of any such disputes or conflicts and of all means of managing them for purposes of peaceful resolution in the interests of good citizenship and interpersonal relationships.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Main activities undertaken to further the Charity's purposes for the public benefit
Our Community Mediation and Community Conferencing services provide a process for dealing with community harm and anti-social behaviour in a way that allows everyone to be heard and to reach resolution that is realistic and acceptable to all.
Mediation seeks to resolve issues between neighbours and improve communication so that the problem does not escalate or reoccur.
Our Support Coaching service for victims of anti-social behaviour builds confidence, skills and strategies for victims to deal with the situations and fears they face. It helps them cope and focus on other areas of their life.
Our Intergenerational service has a proven track record of working within families who are experiencing difficulties, to build better communication between them.
Our Family Mediation service offers low-cost mediation to couples splitting up, to resolve issues around their children and property.
All our services support individuals, families and communities to build relationships, communicate more effectively and address issues before they reach crisis point.
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MEDIATION SURREY CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
Objectives and activities (continued)
c. Contribution made by volunteers
Our services are built on a primarily volunteer workforce. We currently have around 55 trained volunteers who are able to give the necessary time and skills to resolve low level conflicts before they escalate. This avoids additional unnecessary calls on police (and other public services’) time and frees the frontline to deal with other priorities.
Our Board of Trustees are volunteers and also give significant time to the direction, running and development of the organisation.
Achievements and performance
a. Main achievements of the Charity
In 2020-21, our services dealt with the following numbers of referrals:
Community mediation cases 257 Support coaching cases 391 Intergenerational cases 45
Our services work with neighbours/communities and families to help bring them together/challenge anti -social behaviour and develop better relationships within the family and community.
Such disputes often have a significant impact on the wider community so that resolving them also contributes to more peaceful and harmonious communities.
During the Covid 19 pandemic our volunteers have gone from strength to strength in working with clients via Zoom, delivering coaching sessions, holding initial separate meetings with parties for community and intergenerational mediation, and then subsequent joint mediation meetings.
As lockdown eased, we also prepared guidance on providing Covid-safe face-to-face meetings so that as restrictions eased and were reimposed, we were able to use both virtual and face-to-face options as appropriate to keep the services open to the public.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
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MEDIATION SURREY CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
b. Reserves policy
Mediation Surrey’s target level of reserves is informed by:
-
Its forecasts for levels of income for the current and future years, considering the reliability of each source of income and the prospects for developing new income sources.
-
Its forecasts for expenditure for the current and future years based on planned activity.
-
Its analysis of any future needs, opportunities, commitments or risks, where future income alone is likely to fall short of the amount of the anticipated costs.
-
Its assessment, on the best evidence reasonably available, of the likelihood of a shortfall arising which means that reserves are necessary, and the potential consequences for the charity of not being able to make up the shortfall.
-
It's strategy for an orderly closure in the event of an unplanned shutdown and insolvency
At a board meeting in March 2021 it was decided, in view of the uncertainty of funding due to Covid, to increase the target amount based on this information and using the rationale outlined above, to nine months’ worth of expenses.
The following funds were designated from unrestricted reserves:
| Funding shortfall/Redundancy/winding up costs: £82,332 (9 months expenditure) | Funding shortfall/Redundancy/winding up costs: £82,332 (9 months expenditure) |
|---|---|
| New Projects | £25,000 |
| Total designated unrestricted reserves | £107,332 |
| Restricted reserves: | |
| Covid emergency fund |
£2,451 |
| Woodhatch |
£14,394 |
| Intergenerational fund |
£2,658 |
| Training fund |
£7,408 |
| University Project |
£598 |
| Total restricted reserves |
£27,509 |
| Total designated and restricted reserves | £134,841 |
c. Review of the charity's financial position
The Charity faced significant challenges in keeping its services running during the Covid 19 pandemic. These were overcome through careful planning by the Trustees and staff team which successfully took the Charity’s main activities online.
The Charity’s usual income was maintained despite pressures on public sector partners, and was supplemented by an additional grant from the OPCC to reflect the costs of additional pressures on services because of the pandemic. Some financial savings were also made because of the reduction in travel and venue hire expenses for face-to-face meetings. The Charity finished the year in a strong financial position.
The income and expenditure figures for 2019-20 included in the accounts have been restated, following the discovery of a non-material error in the presentation of income and expenditure for last year. The Trustees are satisfied that this error has now been resolved and corrected and that the financial records now present an accurate position of the Charity’s position. The Trustees do not intend to revise the accounts for 2019-20.
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MEDIATION SURREY CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
d. Principal risks and uncertainties
The Board of the charity tasked a sub-group to carry out a review of the main risks faced by the charity in January 2021. The key risks identified were:
-
Lack of data on effectiveness of services to share with referrers/funders and to further promote services;
-
Risk of breach of obligations under DPA and GDPR;
-
Over-dependence on small company which builds and maintains our case management system.
-
The sub-group made recommendations to the Board to address these key risks which are being taken forward.
e. Principal funding
The charity receives a significant proportion of its annual funding via a grant from the Office of the Police and Crime Commissioner in Surrey.
Funding is also received via grants from local borough councils in Surrey, housing associations such as Raven Housing Trust.
Structure, governance and management
a. Constitution
Mediation Surrey CIO is registered as a charitable incorporated organisation and was set up by a Trust deed.
b. Methods of appointment or election of Trustees
The constitution of the charity provides that vacancies may be filled by a simple majority decision of the members of the charity at an AGM or by a simple majority of the trustees of the charity.
All prospective trustees are interviewed by at least 2 trustees prior to being proposed for election.
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MEDIATION SURREY CIO
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................ C Iley Chair Date: 7 December 2021
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MEDIATION SURREY CIO
INDEPENDENT EXAMINERS' REPORT
Independent examiner's report to the Trustees of Mediation Surrey CIO ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2021.
Responsibilities and basis of report
As the Trustees of the Charity (and 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 Charity 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 the Charity's accounts 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
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:
-
accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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
-
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.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been 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.
Signed: Dated: 11-Jan-2022 Janice Matthews FCA
Menzies LLP
Centrum House 36 Station Road Egham Surrey TW20 9LF
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MEDIATION SURREY CIO
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021
| Note Income from: Donations and legacies 3 Charitable activities 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2021 £ 12,966 - 12,966 61,994 61,994 (49,028) 76,537 (49,028) 27,509 |
Unrestricted funds 2021 £ 126,740 22,627 149,367 92,557 92,557 56,810 132,407 56,810 189,217 |
Total funds 2021 £ 139,706 22,627 162,333 154,551 154,551 7,782 208,944 7,782 216,726 |
As restated Total funds 2020 £ 280,535 2,957 |
|---|---|---|---|---|
| 283,492 | ||||
| 74,548 | ||||
| 74,548 | ||||
| 208,944 | ||||
| - 208,944 |
||||
| 208,944 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 19 form part of these financial statements.
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MEDIATION SURREY CIO REGISTERED NUMBER:
BALANCE SHEET AS AT 31 MARCH 2021
| Note Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total net assets Charity funds Restricted funds 12 Unrestricted funds 12 Total funds |
228,532 228,532 (11,806) |
2021 £ 216,726 216,726 27,509 189,217 216,726 |
208,944 208,944 - |
2020 £ 208,944 |
|---|---|---|---|---|
| 208,944 | ||||
| 76,537 132,407 |
||||
| 208,944 |
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................ C Iley Chair
Date: 7 December 2021
The notes on pages 10 to 19 form part of these financial statements.
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MEDIATION SURREY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. General information
Mediation Surrey CIO is a Charitable incorporated organisation that has been registered since 17th July 2019. It offers community mediation, family mediation, intergenerational mediation and anti social behaviour support coaching services in the county of Surrey. See page 1 for all reference and administrative details of the charity.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Mediation Surrey CIO 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.
2.2 Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
2.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.
Grants are included in the statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
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MEDIATION SURREY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
2. Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.
2.6 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.7 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by 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.
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MEDIATION SURREY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
3. Income from donations and legacies
| Donations Total 2020 |
Restricted funds 2021 £ 12,966 118,797 |
Unrestricted funds 2021 £ 126,740 161,738 |
Total funds 2021 £ 139,706 280,535 |
Total funds 2020 £ 280,535 |
|---|---|---|---|---|
4. Income from charitable activities
| Income from charitable activities Total 2020 as restated |
Unrestricted funds 2021 £ 22,627 2,957 |
Total funds 2021 £ 22,627 2,957 |
As restated Total funds 2020 £ 2,957 |
|---|---|---|---|
5. Analysis of expenditure on charitable activities
Summary by fund type
| Direct costs Total 2020 as restated |
Restricted funds 2021 £ 61,994 42,260 |
Unrestricted funds 2021 £ 92,557 32,288 |
Total funds 2021 £ 154,551 74,548 |
As restated Total funds 2020 £ 74,548 |
|---|---|---|---|---|
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MEDIATION SURREY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
6. Analysis of expenditure by activities
| Direct costs Total 2020 as restated Analysis of support costs |
Activities undertaken directly 2021 £ 41,721 8,457 |
Support costs 2021 £ 112,830 66,091 |
Total funds 2021 £ 154,551 74,548 |
As restated Total funds 2020 £ 74,548 |
|---|---|---|---|---|
| Staff costs Advertising IT costs Subscriptions Telephone Printing, postage and stationery Room hire Website costs Insurance Other professional services Audit & Accountancy Travel and accommodation Bank charges Miscellaneous expenses Total 2020 as restated |
Activities 2021 £ 88,118 1,080 6,476 578 2,387 333 438 545 1,205 1,700 6,540 692 138 2,600 112,830 66,091 |
Total funds 2021 £ 88,118 1,080 6,476 578 2,387 333 438 545 1,205 1,700 6,540 692 138 2,600 112,830 66,091 |
As restated Total funds 2020 £ 40,797 143 9,240 - 892 402 1,343 - 125 9,836 - 1,642 40 1,631 |
|---|---|---|---|
| 66,091 | |||
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
7. Independent examiner's remuneration
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Charity's independent examiner for the independent | ||
| examination of the Charity's annual accounts | 1,500 | 1,152 |
8. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2021 £ 82,311 4,567 1,240 88,118 |
2020 £ 37,539 2,043 1,215 |
|---|---|---|
| 40,797 |
The average number of persons employed by the Charity during the year was as follows:
| 2021 | 2020 |
|---|---|
| No. | No. |
| 7 | 7 |
No employee received remuneration amounting to more than £60,000 in either year.
During the year, 1 individual made up key management personnel and received remuneration of £26,668 (2020 - £ 14,682).
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .
During the year ended 31 March 2021, no Trustee expenses have been incurred (2020 - £NIL) .
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
10. Creditors: Amounts falling due within one year
| Other taxation and social security Accruals and deferred income Resources deferred during the year |
2021 £ 753 11,053 11,806 2021 £ 4,750 |
2020 £ - - |
|---|---|---|
| - | ||
| 2020 £ - |
Deferred Income relates to grant income from the OPCC for the 2021-2022 financial year.
11. Prior year adjustments
The income and expenditure figures for 2019-20 included in the accounts have been restated, following the discovery of an error in the presentation of income and expenditure for last year. The Trustees are satisfied that this error has now been resolved and corrected and that the financial records now present an accurate position of the Charity’s position. The Trustees do not intend to revise the accounts for 2019-20.
The net effect of the error was immaterial, although it did result in the income and expenditure in prior years accounts being overstated by £58,987.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
12. Statement of funds
Statement of funds - current year
| Unrestricted funds Designated funds Redundancies/ wind up cost New projects General funds General Funds Total Unrestricted funds Restricted funds Support coaching IG Woodhatch Training University Project Covid Emergency Fund Total of funds |
Balance at 1 April 2020 £ 50,000 25,000 75,000 57,407 132,407 33,231 14,536 14,394 13,728 648 - 76,537 208,944 |
Income £ - - - 149,367 149,367 - - - - - 12,966 12,966 162,333 |
Expenditure £ - - - (92,557) (92,557) (33,231) (11,878) - (6,320) (50) (10,515) (61,994) (154,551) |
Transfers in/out £ 32,332 - 32,332 (32,332) - - - - - - - - - |
Balance at 31 March 2021 £ 82,332 25,000 |
|---|---|---|---|---|---|
| 107,332 | |||||
| 81,885 | |||||
| 189,217 | |||||
| - 2,658 14,394 7,408 598 2,451 |
|||||
| 27,509 | |||||
| 216,726 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
12. Statement of funds (continued)
Each Designated fund relates to the following:
Redundancies/ wind up cost : Funds designated specifically for redundancies.
New projects: Funds designated specifically for new projects the Charity wishes to undertake.
Each Restricted fund relates to the following:
Support Coaching: funding specifically for the delivery of Support Coaching.
IG: Funding specifically for the delivery of intergenerational mediation.
Woodhatch: funding given for the refurbishment of a room at the Woodhatch Centre – originally to East Surrey Community Mediation and passed to Mediation Surrey on the merger. Half from a grant given by Reigate and Banstead BC and the rest from East Surrey CM reserves.
Training: Funding specifically given to cover mediator training.
University Project: funding specifically given to provide mediation to Guildford University students.
Covid Fund: Funding to support Mediation Surrey to adapt services during the pandemic; to deliver additional training to staff and volunteers; to support staff and volunteers through supervision and to help meet the significant increase in demand for coaching due to the pandemic.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
12. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds Designated funds Redundancies/ wind up cost New projects General funds General Funds Total Unrestricted funds Restricted funds Support coaching IG Woodhatch CMS Training University project Total of funds |
Income £ 50,000 25,000 75,000 89,695 - 61,066 21,594 15,000 5,833 14,304 1,000 118,797 118,797 |
Expenditure £ - - - (32,288) (32,288) (27,834) (7,059) (606) (5,833) (576) (352) (42,260) (74,548) |
Balance at 31 March 2020 £ 50,000 25,000 |
|---|---|---|---|
| 75,000 | |||
| 57,407 | |||
| 132,407 | |||
| 33,232 14,535 14,394 - 13,728 648 |
|||
| 76,537 | |||
| 208,944 |
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MEDIATION SURREY CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
13. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Current assets Creditors due within one year Total |
Restricted funds 2021 £ 27,509 - 27,509 |
Unrestricted funds 2021 £ 201,023 (11,806) 189,217 |
Total funds 2021 £ 228,532 (11,806) |
|---|---|---|---|
| 216,726 |
Analysis of net assets between funds - prior year
| Current assets Total |
Restricted funds 2020 £ 76,537 76,537 |
Unrestricted funds 2020 £ 132,407 132,407 |
Total funds 2020 £ 208,944 |
|---|---|---|---|
| 208,944 |
14. Related party transactions
The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2021.
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