A N N U A L R E P O R T A N D A C C O U N T S F O R T H E Y E A R E N D I N G 3 0 T H J U N E 2 0 2 1
The Trustees present their report and financial statements for the year ended 30 June 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Articles of Association, the Companies Act 2006 and "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)".
## CONTENTS
|Welcome|
1|
|---|---|
|Our Vision, Mission and Values|
3|
|What We Do and Achievements this Year|6|
|Our Plans for the Future|17|
|Thank You|18|
|Structure and Governance|19|
|Financial Review|21|
|Legal and Administrative Information|22|
|Financial Statements|23|
## WELCOME
The Maggie Oliver Foundation (TMOF) has been on an amazing journey over the past twelve months. We are incredibly grateful to all of the volunteers, donors and supporters who have been part of it.
It has been a hugely important year for us in terms of developing our work alongside survivors. We have also been busy growing our team, taking on two paid members of staff (with a third scheduled to start in September 2021) supported by twentyfive volunteers. We have created a bespoke database allowing us to manage casework efficiently and building an irrefutable evidence database to inform our campaigning work. We continue to develop our policies, systems, processes and procedures to ensure we are building a resilient organization that is well equipped to serve our community.
1
In January 2021, the Trustees approved our Strategic Plan for the period of 2021 to 2024. The first part of this report details the vision, mission and values which it lays out. Six months into the period, we are pleased to be making significant progress towards the short-term outcomes included in the plan.
As we write this report, the Government’s rape review has just been published, highlighting shockingly low conviction rates for rape and violent sexual offences. There are almost daily headlines about child sexual abuse scandals and violence against women and girls. We are facing increasing demand for our services. There is a lot of work to do but hearing about the difference our support is making to survivors of childhood sexual abuse keeps us striving.
FOUNDER AND CHAIR THE MAGGIE OLIVER FOUNDATION
2
## OUR VISION
Our vision at TMOF is to create a society where survivors and those at risk of childhood sexual abuse and exploitation (CSAE) are empowered to live fulfilled and successful lives, and where every survivor is treated with dignity, respect and as an equal and valued member of society.
## OUR MISSON
TMOF helps survivors of childhood sexual abuse and exploitation (CSAE) transform the pain of their abuse into power, by advocating for survivors’ rights at local and national levels and by supporting survivors to identify their strengths, adopt positive coping strategies, increase self-confidence, access services that meet their needs, and create positive life chances for them and their children. We empower survivors of CSAE to create a positive ripple effect through society. They are supported on their recovery journey (improved wellbeing, life choices and prospects) and build the strength and resilience to support others on their path to recovery. Sharing of their experiences of how the criminal justice system and statutory services have failed them leads to improved practices when dealing with victims of CSAE and as a result more victims feel safe and confident in seeking justice.
## OUR VALUES
- Listening to survivors of abuse with empathy, kindness, compassion, honesty, integrity, trust and human decency. Providing of support that is consistent and personal – focussed on the needs of the individual.
- Collaborating with individuals and organisations working towards a similar vision.
- Working in a way which is inclusive of all faiths and backgrounds.
3
## WHY WE EXIST
_At least 1 in 5 children in the UK experience CSAE_
The Independent Inquiry of Child Sex Abuse (IICSA) reports that among survivors of CSAE:
**----- Start of picture text -----**
37% had general 58% had separation
anxiety disorders anxiety
73% had post traumatic 49% reported self-
stress disorder (PTSD) harming
**----- End of picture text -----**
IICSA also reported that CSAE survivors are 2.05 times more likely to develop major depression than comparison groups and that the risk of CSAE survivors attempting suicide was six times that of the general population.
Experiencing CSAE has been associated with a wide range of adverse physical health outcomes. One study (Allnock, Hynes and Archibald (2015)) found that one in four CSAE survivors reported a long-term illness or disability versus one in five in the general population and CSAE survivors had twenty times more doctors’ appointments than those who had not experienced CSAE.
4
In 2020, an online survey conducted by TMOF concluded that less than 1% of the 1,500 respondents felt there were enough phonelines for survivors of CSAE. Only a third of those who had contacted other support groups had found the process easy. 99.7% said a dedicated service was important. A feasibility study carried out with CSAE survivor groups confirmed the lack of provision.
We believe that mutual support and visible thriving of fellow survivors can be a catalyst for change. Approximately 60% of our current volunteer and staff team have identified themselves as survivors, or family members of survivors, of CSAE. A key factor in survivors learning to thrive is them witnessing the positive impact of healing of those around them.
Over 90% of the survivors we have supported have referred themselves to TMOF, which highlights the lack of other support available.
5
## WHAT WE DO
Everyone’s experience of sexual abuse is different. Without support survivors are regularly isolated and alone, with no knowledge of where to turn to for the help and advice they need to begin rebuilding their shattered lives. We support adult survivors of childhood sexual abuse throughout the UK to transform their own personal pain into power through the provision of support, guidance and a listening ear, signposting to appropriate local services and advocating for those wishing to seek justice through the criminal justice process.
In spring 2020, with the arrival of the Covid-19 pandemic and the associated public health measures, we had to take the tough decision to close our pilot drop-in centre and resources were diverted into establishing remote support services. Whilst closure of our first physical centre was difficult at the time, this shift to remote activities has allowed us to reflect on how we can build and support our community of survivors in the most effective way, and now with a national reach.
There are several ways that we work alongside survivors:
Our 'Pain into Power' Phoneline
Legal Advocacy Group Therapy Informing and Influencing
Details of each are outlined in the following pages, along with key achievements in each area over the previous twelve months.
6
## 'PAIN INTO POWER' PHONELINE
Launched in January 2021, this outbound phoneline provides a safe place for survivors to be heard. Our fully trained and supervised volunteers provide ongoing support, a listening ear and signposting to relevant external services. Our unique approach ensures that each survivor works with the same volunteer throughout their engagement with TMOF. This ensures that individuals do not have to repeat traumatic events and enables the formation of a trusting relationship.
Such safe attachments have been shown to be a vital part of recovery from trauma, especially that experienced in childhood. There are no exclusion criteria, so volunteers often work alongside those who have been unable to access support elsewhere, a common theme among survivors of CSAE. The most important thing volunteers do is listen, believe, respect. This underpins survivors’ journeys towards recovery (CSA Centre), they feel connected and less isolated.
The feedback we have received on this our approach reinforces the need for survivors to develop a trusting 1:1 relationship:
… it is about trust and not having to go over things repeatedly. This unique personal support is not out there for survivors. It makes a massive difference
Since I have been receiving the calls, I feel I have a purpose; I feel lifted. It sounds silly but I am alive again
7
Between January and June 2021, this service has supported 112 survivors, providing 950 hours of emotional support.
Over 90% of survivors reported an improved sense of mental wellbeing after accessing emotional support through the phoneline.
We are grateful for the support of psychotherapist Dr Georgina Clifford, of The London Trauma Specialists, an expert in trauma with significant experience working with victims and survivors of sexual abuse and violence. This year Dr Clifford held two training sessions for our volunteers outlining the causes, signs and symptoms of trauma, PTSD and Complex PTSD. These sessions were recorded and form part of our mandatory volunteer training programme alongside sessions in applying this knowledge through trauma-informed practices with our in-house trauma informed educator and a full induction into our policies and procedures.
Over 90% of the survivors we have supported have referred themselves to TMOF, which highlights the lack of other support available.
More recently, as the profile of our work has grown, we have seen an increase in referrals from organisations across statutory services and other charities (over 15% of referrals in the last six months), which we believe is a vote of confidence in our approach. These include social services, the NHS, domestic violence and abuse charities and homelessness charities.
Where appropriate, survivors are signposted to a range of external services. We continue to develop an asset map of support including physical and mental health, legal, housing, finance, training, careers, holistic well-being services, specialist counsellors and therapists. Part of our strategic plan is to investigate how we can develop more partnership working, including cross-referral pathways with relevant services.
8
## LEGAL ADVOCACY
The criminal justice process can be adversarial, opaque and daunting for victims and survivors. Especially those of traumatic interpersonal crimes, such as sexual abuse. Being let down by a system that they believed was there to protect them, can be upsetting, frustrating and leave victims and survivors not knowing what steps to take next. We help them by liaising with statutory services (including the police), ensuring their rights are protected under The Victim’s Code and signposting to legal advice and possible compensation.
In December 2019, TMOF entered into a bespoke Memorandum of Understanding with Operation Hydrant, (the national policing unit dealing with CSAE), allowing us to refer cases where there have been
failings in investigations by local police forces or where serious safeguarding concerns exist. In recent months, we have seen an increase in the number of cases coming to TMOF which warrant a referral to Operation Hydrant, as well as an increase in complexity of these cases.
During the second half of 2020, we built our bespoke client relationship management (CRM) database. Every interaction with a survivor is recorded within this database. As well as facilitating case management, this allows us to build an evidence base of the, often difficult, realities that victims / survivors face in seeking justice.
In the past twelve months, we have supported over 600 survivors seeking help or advice in navigating the criminal justice process, or who want to tell their story publicly to raise awareness of issues surrounding childhood sexual abuse and exploitation and its investigation and prosecution.
Since entering into the Memorandum of Understanding with Operation Hydrant in December 2020, we have made 16 referrals to Operation Hydrant. Several of these have led to improved speed in handling cases or have directly led to arrests of perpetrators.
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## **AGE AT TIME OF ABUSE OF SURVIVORS SUPPORTED THIS YEAR**
**----- Start of picture text -----**
60
40
20
0
3 4 5 6 7 8 9 10 11 12 13 14 15 16 1718+
**----- End of picture text -----**
We do not currently routinely record quantitative data on the mental wellbeing of survivors accessing only our legal advocacy service (although some of these survivors might also be accessing emotional support and be captured in the phoneline data). While we advocate for victims, outcomes of legal processes are beyond our control, yet can have a huge impact on a survivor’s mental health.
As such, we do not think mental wellbeing of survivors we are supporting in this way would be a meaningful metric of our own impact.
Having said that, we have plenty of qualitative feedback from survivors we have helped in this way which indicates an improvement in their mental wellbeing as a result.
We continue to advocate for and support three of the survivors of the Rochdale “grooming gangs” in their high profile litigation against Greater Manchester Police and The Crown Prosecution Service in the Royal Courts of Justice, which, if successful, will have far reaching consequences for all future victims of CSAE.
10
Without the Maggie Oliver Foundation and knowing that she can discuss information with her allocated case worker, we would have nowhere else to go with the massive injustices that our daughter has experienced whilst giving evidence to the police. We are hoping that the Maggie Oliver Foundation can continue to support our daughter.
## **PARENT OF A SURVIVOR**
I’m just emailing to say there have been changes last week with the police, and I can only thank you and the Foundation for your involvement **SURVIVOR**
I followed your advice and made already three complaints to the police, two different forces.It does feel good to speak out about how they mishandled everything. **SURVIVOR**
Without the involvement of TMOF and their numerous daily phone calls and emails, our granddaughter’s plight would have been buried and forgotten for ever. I dread to think of how many victims and families have indeed gone by the wayside because they never knew of the wonderful ‘Maggie Oliver Foundation’.
Our heartfelt gratitude will be eternal. TMOF performs such a crucial role for and in assisting the plight of the assumed many thousands of victims and families who have at the very least gone through, or going through, our nightmare situation, or indeed worse
**GRANDPARENT OF A SURVIVOR**
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## **LOCATIONS OF SURVIVORS WE HAVE SUPPORTED BY POLICE FORCE**
**----- Start of picture text -----**
Force names per the map.
Numbered circles are:
1.South Yorkshire
2.West Midlands
3.Police Scotland
4.Essex
5.Merseyside
5
**----- End of picture text -----**
The size of each circle represents the number of people we have supported in each police force area. As a general rule, we receive more requests for support in the most populated areas.
The large caseload in the North West could be down to a number of factors, including Maggie's profile in the region, a larger number of child abuse cases or worse performance by police forces in investigating and prosecuting these crimes.
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## GROUP THERAPY
In May 2021, a group of ten survivors started our pilot 12-week group therapy course run in conjunction with Dr Georgina Clifford, a psychotherapist trauma expert from the London Trauma Specialists. The course focuses on understanding and developing coping strategies for symptoms of PTSD and Complex PTSD. A different topic is considered each week, along with different skills. In keeping with theories of learning, the main focus is on developing self-efficacy in using the skills, as well as providing group members with information and explanations about trauma-related problems and symptoms. One of our volunteers attends and is on hand for emotional support during the sessions or support calls between the sessions.
The course completed after the end of the financial year, in August. Dr Clifford performed a clinical assessment of each participant at the beginning and end of the course, using various diagnostic and therapeutic tools. Each of the participants who provided feedback said either that their symptoms had reduced in frequency and intensity or that they had learnt strategies that helped them better manage the distress they experienced when the memories of their past traumatic experienced intruded in the present. Based on the excellent feedback, we are currently seeking funding to offer this course to survivors on a regular basis.
**----- Start of picture text -----**
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It has set me off on a journey I never thought I would be able to do. If I didn’t have that group, I wouldn’t have been here now. I was very suicidal. I got to the stage where I didn’t want to be here. The group saved my life
## **SURVIVOR**
It was really life changing, and was great to have the group, and build our own support network with each other. I feel that I am normal. The therapy has changed my entire life. I have experienced panic attacks for a long time now, on a weekly basis. Now I’ve not had one since the beginning of the therapy, which is a huge difference. I have also known for years I was in a toxic relationship. By the end of the 12 weeks, I had found the confidence to end the relationship, and I have never looked back. I have also found the strength, to move out of the area I live in, to start a new life for me and my child. I don’t need support calls anymore, as I now have the strategies to manage, but I know you are always there.
## **SURVIVOR**
I was stuck in a rut and couldn’t get away from my abusers. I have taken myself out of the equation now. I have become strong enough now from the support of The Maggie Oliver Foundation and the Group therapy sessions to put myself in a safer environment. The group therapy has helped me to make a lot of decisions
## **SURVIVOR**
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## INFORMING AND INFLUENCING
Alongside advocating for survivors seeking legal restitution for the crimes committed against them, our advocacy work includes provision of evidence to a number of independent reviews, inquiries and commissions on CSAE; promoting awareness and raising the profile of the importance of, and need for, the work of TMOF through a wide news and social media presence (over thirty thousand followers on Twitter and over fifteen thousand on Facebook); being commissioned by social services to develop material to be included in educational packs to be distributed to schools county wide; and working with police forces to develop victim-led and trauma-informed best practices.
As documented in our previous annual report, in January 2020 GMCA’s (Greater Manchester Combined Authority) and the Mayor of Greater Manchester’s independent review into Operation Augusta (a 2004 investigation into child sexual
exploitation by “grooming gangs” in south Manchester) was published, detailing significant failings by senior officers. Our Founder and Chair, Maggie Oliver, was a key contributor to the review. A subsequent review is underway of Operation Span, the investigation into the Rochdale “grooming gangs” scandal. Maggie continues to be a key contributor to this review also. She is also a core participant in the Independent Inquiry in Child Sexual Abuse (IICSA).
Other links with external agencies include:
- providing training and materials to education settings working with one university in providing guidance in course content and delivering some lectures for their policing course working with social services in one council.
Over time, we envisage learning lessons from these pilots and creating a blueprint to roll out with statutory services nationally.
15
Maggie was a Commissioner on the national Child Sexual Abuse and Exploitation Commission, chaired by the Rt Hon Sajid Javid MP in conjunction with the Centre for Social Justice (CSJ). In March 2021, the CSJ published its report “Unsafe Children: Driving up our country’s response to child sexual abuse and
exploitation” with input from Commissioners and the CSJ’s Survivors Working Group. The report makes almost one hundred policy recommendations about the response to CSAE across areas including education, online regulation, legislation, the criminal justice system, child social care and policing, a number of which have already been enacted.
We continue to raise awareness of CSAE nationally and often asked for expert opinions by the media on this topic. As well as frequent national media appearances by Maggie, recently we have arranged for survivors supported by the charity to tell their stories to BBC Radio 4’s Woman’s Hour, BBC Newsnight, ITV News and Sky News.
## @MaggieOliverUK
We do not see our advocacy and force for change work as an “add-on” to the emotional support we provide to the survivor community but as a vital part of their healing journey. Advocacy for individuals allows them to take control of their search for justice. Seeing a system which treats survivors humanely, functions more effectively and prevents future abuse, which has been informed by them and their experiences is hugely empowering.
You have given me the voice to speak out and I want to make a difference because of the suffering I went through. Thank you again
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## OUR PLANS FOR THE FUTURE
As awareness of our work grows, we are seeing a sharp increase in the number and complexity of cases where victims/survivors are seeking support after being failed by the criminal justice process. We anticipate having to further grow our team to continue to provide a level of service that survivors deserve. We are planning our first survivor focus group and will continue to listen to survivors about what they need and want from TMOF.
We are ambitious to do more and intend to seek funding to open another pilot physical “Maggie Oliver Centre” where we can offer support to survivors in person, as well as host complementary services to help survivors build strength, resilience and their lives. We plan to grow relationships with trusted organisations with whom we can develop mutual referral pathways, ensuring our survivors get the support they need across all areas of their lives.
We now have a dedicated fundraising resource in our Business Manager, who joined us in May 2021. She will focus on diversifying our income streams building relationships with trusts and foundations, individual donors and public bodies such a Police and Crime Commissioners.
After the close of the financial year, we have secured our first multi-year funding grants from trusts and foundations towards the core costs of our current structure, and we continue to receive generous financial support from members of the public.
We will continue to amplify the voices of victims and survivors of CSAE nationally and to fight for a criminal justice process that is fit for purpose in getting justice for victims and survivors and deterring abusers.
17
## THANK YOU
It has been a transformative year for the charity and we really are so grateful to everyone who has played a part in that.
Thank you does not seem enough to our wonderful volunteers, without whom there would be no Maggie Oliver Foundation. Many of them were around when TMOF was just an idea and a vision, but they believed in a kinder, fairer and more just world. We are so grateful for their faith in us and our shared vision, and that they are on this journey with us. They give up their time selflessly for free to turn that vision into a reality.
Thank you to all those who have supported us financially. We were delighted in this financial year that The National Lottery Community Fund, The Street Foundation, Don Hanson Charitable Foundation and Arnold Clark Community Fund who saw the value in what we are doing. Their generous funding allowed us to achieve so much of what is documented in this report, and has put TMOF on a fantastic footing for future growth.
Thank you to the businesses who have donated from their own pockets or
provided their professional services probono or at a reduced charge. Special thanks go to Dr Georgina Clifford, A M Services Group and DLA Piper.
Thank you to the journalists and media outlets who have supported us in telling the stories of the survivors we support. Allowing us to expose injustice where we find it, raises public awareness of CSAE and failures within the criminal justice system. Only in doing this can we force change.
Thank you to the public. To all those who believed Maggie when she first exposed the now infamous Rochdale "grooming" scandal when the system had tried to silence her, and have followed her story since. And to all those who have joined us along the way. To those who have donated so generously to support our work.
And finally, thank you to the brave survivors who courageously share their stories with us, and who want to turn their Pain into Power by creating a more just system.
From the bottom of our hearts, thank you.
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## STRUCTURE AND GOVERNANCE
## Governance
The organisation was registered as a charity on 11 September 2019. The charity is governed under its Articles of Association. In the event of winding-up, members of the charity have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. The Trustees are members of the charity but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity.
## Organisational Structure and Decision Making
The Board of Trustees has collective responsibility for everything that the charity does, including the legal responsibility to ensure it is controlled and properly managed. The Board delegates responsibility for operational management to the Operations Manager and Business Manager who each have responsibility for different parts of the charity's operations, as detailed in the Scheme of Delegation.
These staff members, together with the Service Coordinator, develop plans, policies and processes following the Board’s advice and approval. The Board of Trustees is responsible for the strategic direction of the charity and meets quarterly to review progress and to ensure the charity is on track to meet its objectives.
During the year, two of our Trustees Rebekah Crevald and Ailsa Conce, resigned from the Board. We would like to thank them both for their key contributions in the early stages of our evolution.
We have been joined by Simon Rodgers who brings a wealth of experience in helping organisations to put equality, diversity and inclusion of the heart of their operations. We look forward to his input as TMOF grows.
The Trustees are in the process of reviewing the skills of the current Trustees, and intend to run a targeted trustee recruitment process to fill any skills gaps identified.
19
## Remuneration
Trustees give their time voluntarily and receive no benefits from the charity. In March, the Board resolved to explore the option of paying a consultancy fee to our founder and Chair, Maggie Oliver, in recognition of the unique services she provides as a result of her experience and profile. Any payment would be exclusively for these services and not for any duties expected of a trustee. No payment has been made in this financial year. The Board of Trustees reviews and agrees the annual remuneration of the staff team.
## Volunteers
## Principle Risks and Uncertainties
The Trustees are satisfied that governance systems are in place, or arrangements are in hand, to manage the charity's risk exposure. In particular, appropriate insurance cover and policies are in place, and the finances of the charity are kept under constant close review.
## Related Parties
As mentioned in the operational overview, we are building partnerships with a wide range of organisations, such as police forces, other charities, the NHS and local authorities. We have no related parties or related party transactions.
The Trustees are grateful for the enormous contribution made by volunteers across a variety of roles (including providing emotional support to survivors through our Pain into Power Phoneline, fundraising, event planning and production of marketing materials and newsletters). The charity is truly powered by its incredible volunteers and they are one of TMOF's most critical and valuable assets. There were 40 active volunteers during this financial year.
20
## FINANCIAL REVIEW
TMOF relies on grants and donations to fund all of our work. During the financial year ending 30th June 2021, the charity's income from grants and donations was £ 94,052, which represents a significant uplift from the amount of £ 60,138 donated in the previous financial year. Over half of the amount raised this financial year came from donations from individual members of the public. All of the funding raised in this financial year was unrestricted.
Total expenditure for the year was £ 49,535. Staff and consultancy costs were our largest expense. A significant proportion of our activities are still completed by volunteers, however, as the charity grows, we are recruiting a small staff team to help to manage volunteers, finances and legal cases where expertise and experience is required. We hope this will help us to grow in a professional and sustainable way.
## Reserves
The Trustees continually monitor the charity's financial position and reviews its required level of reserves. This review takes into account the types of income and the risks and uncertainties associated with each; the level of fixed costs including salaries; variable costs associated with
providing our services; the needs of survivors wo we support; the funds required to achieve our goals; and any one-off expenditure planned in the foreseeable future.
The Trustees have agreed that the minimum level of free unrestricted reserves should be sufficient to cover our costs for between three and six months (budgeted to be between £ 31,250 and £ 62,500). As at 30th June 2021, unrestricted reserves stood at £ 82,161. The trustees are comfortable with hold reserves above our minimum target given the early stage of the charity's development. The surplus amount will allow us to explore opportunities that arise which allow us to reach more survivors, but which were not yet envisaged in our budget.
## Going Concern
The Trustees have reviewed the funding climate, growing demand for our services and level of reserves currently held, along with budgeted income and expenditure and concluded that the charity's funds will be sufficient to sustain its activities for a period of at least twelve months. Accordingly, the accounts have been prepared on a going concern basis.
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## LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs M Oliver, Chair S Conce (Appointed 1st July 2020, resigned 30th June 2021) R Crevald (Resigned 28th July 2020) K Ellis M Ormiston J Pennington S Rodgers (Appointed 20th September 2020) D Sahota
1185267 Charity Number
Company Number
12057773
7 St Petersgate Registered Office Stockport SK1 1EB
Bennett Verby Limited Independent Examiner 7 St Petersgate Stockport SK1 1EB
22
**Charity Registration No. 1185267**
**Company Registration No. 12057773 (England and Wales)**
## **THE MAGGIE OLIVER FOUNDATION**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2021**
## **THE MAGGIE OLIVER FOUNDATION**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mrs M Oliver D Sahota J Pennington M Ormiston K Ellis **Charity number** 1185267 **Company number** 12057773
## **THE MAGGIE OLIVER FOUNDATION**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report||
|Independent examiner's report|1|
|Statement of financial activities|2|
|Balance sheet|3|
|Notes to the financial statements|4 - 8|
## **THE MAGGIE OLIVER FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE MAGGIE OLIVER FOUNDATION**
I report to the Trustees on my examination of the financial statements of The Maggie Oliver Foundation (the charity) for the year ended 30 June 2021.
## **Responsibilities and basis of report**
As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements 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 financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable 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 that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements 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 financial statements 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 financial statements to be reached.
Dated: 15 November 2021
- 1 -
## **THE MAGGIE OLIVER FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 JUNE 2021**_
|||**Unrestricted**|Unrestricted|
|---|---|---|---|
|||**funds**|funds|
|||**2021**|2020|
||**Notes**|
**£**|**£**|
|**Income from:**||||
|Donations and legacies|**3**|94,052|60,138|
|**Expenditure on:**||||
|Raising funds|**4**|1,502|9,547|
|Charitable activities|**5**|48,033|12,947|
|**Total resources expended**||49,535|22,494|
|**Net income for the year/**||||
|**Net movement in funds**||44,517|37,644|
|Fund balances at 1 July 2020||37,644|-|
|**Fund balances at 30 June 2021**||82,161|37,644|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 2 -
## **THE MAGGIE OLIVER FOUNDATION**
## **BALANCE SHEET**
## _**AS AT 30 JUNE 2021**_
|**Notes**
**Fixed assets**
Tangible assets
**8**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**9**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2021**
**£**
82,541
(2,136)|**£**
1,756
80,405
82,161
82,161
82,161|**2020**
**£**
41,093
(3,653)|**£**
204
37,440
37,644
37,644
37,644|
|---|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2021.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 15 November 2021
Mrs M Oliver
**Trustee**
## **Company Registration No. 12057773**
- 3 -
## **THE MAGGIE OLIVER FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 JUNE 2021**_
## **1 Accounting policies**
## **Charity information**
The Maggie Oliver Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is .
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and "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 charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
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## **THE MAGGIE OLIVER FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2021**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers
15% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
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## **THE MAGGIE OLIVER FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.9 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Donations and gifts|55,159|49,797|
|Grants Received|33,668|-|
|Donated goods and services|5,225|10,341|
||94,052|60,138|
## **4 Raising funds**
|||**Unrestricted**|Unrestricted|
|---|---|---|---|
|||**funds**|funds|
|||**2021**|2020|
|||**£**|£|
|Fundraising|and publicity|||
|Advertising||1,502|9,547|
|||1,502|9,547|
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## **THE MAGGIE OLIVER FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2021**_
## **5 Charitable activities**
||**Managemen**|**Managemen**|
|---|---|---|
||**t and**|
**t and**|
||**administrati**|**administrati**|
||**on**|
**on**|
||**2021**|
**2020**|
||**£**|
**£**|
|Staff costs|11,299|
502|
|Depreciation and impairment|125|
14|
|Volunteer costs|420|
4,066|
|Audit and accountancy|1,680|
1,262|
|IT costs|6,994|
233|
|Subscriptions|584|
261|
|Consumables|951|
538|
|Telephone|1,461|
15|
|Consulting and freelance|20,728|
2,449|
|Repairs and maintenance|-|
117|
|Raising funds consultancy|1,350|
-|
|Insurance|211|
588|
|Travel Expenses|401|
867|
|Sundry Expenses|1,829|
2,035|
||48,033|
12,947|
||48,033|
12,947|
## **6 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **7 Employees**
The average monthly number of employees during the year was:
||**2021**|**2020**|
|---|---|---|
||**Number**|**Number**|
||2|-|
|**Employment costs**|**2021**|**2020**|
||**£**|**£**|
|Wages and salaries|7,111|-|
|Other pension costs|182|-|
||7,293|-|
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## **THE MAGGIE OLIVER FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 JUNE 2021**_
|**7**
**Employees**
**8**
**Tangible fixed assets**
**Cost**
At 1 July 2020
Additions
At 30 June 2021
**Depreciation and impairment**
At 1 July 2020
Depreciation charged in the year
At 30 June 2021
**Carrying amount**
At 30 June 2021
At 30 June 2020
**9**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Accruals and deferred income|**(Continued)**
**Computers**
**£**
218
1,677
1,895
14
125
139
1,756
204
**2021**
**2020**
**£**
**£**
539
-
-
2,453
1,597
1,200
2,136
3,653|
|---|---|
## **10 Related party transactions**
There were no disclosable related party transactions during the year (2020 - none).
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