| Page | |
|---|---|
| ReferenceandadministrativedetailsoftheCompany,itsTrusteesandadvisers | 4 |
| Trustees'report | 2-7 |
| Independentexaminer'sreport | 8 |
| Statementoffinancialactivities | 9 |
| Balancesheet | 10 |
| Notestothefinancialstatements | 11-21 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| Note | £ | £ | £ | |
| Incomefrom: | ||||
| Donationsandlegacies | 3 | 2,744 | 2,744 | 2,901 |
| Charitableactivities | 4 | 333,229 | 333,229 | 271,262 |
| Investments | 5 | 249 | 249 | 7 |
| Totalincome | 336,222 | 336,222 | 274,170 | |
| Expenditureon: | ||||
| Charitableactivities | 6 | 247,351 | 247,351 | 253,773 |
| Totalexpenditure | 247,351 | 247,351 | 253,773 | |
| Netmovementinfunds | 88,871 | 88,871 | 20,397 | |
| Reconciliationoffunds: | ||||
| Totalfundsbroughtforward | 311,397 | 311,397 | 291,000 | |
| Netmovementinfunds | 88,871 | 88,871 | 20,397 | |
| Totalfundscarriedforward | 400,268 | 400,268 | 311,397 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixedassets | |||||
| Tangibleassets | 11 | 783,996 | 790,528 | ||
| 783,996 | 790,528 | ||||
| Currentassets | |||||
| Debtors | 12 | 49,259 | 23,918 | ||
| Cashatbankandinhand | 98,363 | 101,497 | |||
| 147,622 | 125,415 | ||||
| Creditors:amountsfallingduewithinone year |
13 | (56,733) | (68,004) | ||
| Netcurrentassets | 90,889 | 57,411 | |||
| Totalassetslesscurrentliabilities | 874,885 | 847,939 | |||
| Creditors:amountsfallingdueaftermore thanoneyear |
14 | (474,617) | (536,542) | ||
| Netassetsexcludingpensionasset | 400,268 | 311,397 | |||
| Totalnetassets | 400,268 | 311,397 | |||
| Charityfunds | |||||
| Unrestrictedfunds | 400,268 | 311,397 | |||
| Totalfunds | 400,268 | 311,397 |
| Freeholdproperty | - | Nodepreciation | |
|---|---|---|---|
| Plantandmachinery | - | 33% | straightline |
| Motorvehicles | - | 25% | straightline |
| Computerequipment | - | 33% | straightline |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Donations | 2,744 | 2,744 | 1,780 |
| Governmentgrants | - | - | 1,121 |
| 2,744 | 2,744 | 2,901 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Incomefromcharitableactivities-Provisionofsupportfor | |||
| disabledpeople | 271,703 | 271,703 | 216,414 |
| Incomefromcharitableactivities-Provisionofsupported | |||
| accomodation | 61,526 | 61,526 | 54,848 |
| 333,229 | 333,229 | 271,262 | |
| Investmentincome | |||
| Unrestricted | Total | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Investmentincome | 249 | 249 | 7 |
| Unrestricted | ||
|---|---|---|
| funds | Total | Total |
| 2023 | 2023 | 2022 |
| £ | £ | £ |
| 247,351 | 247,351 | 253,773 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | Total | |
| directly | costs | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Provisionofsupportfordisabledpeople | 24,045 | 223,306 | 247,351 | 253,773 |
| Total2022 | 23,813 | 229,960 | 253,773 |
| Provisionof | ||
|---|---|---|
| supportfor | ||
| disabled | Total | Total |
| people | funds | funds |
| 2023 | 2023 | 2022 |
| £ | £ | £ |
| 24,045 | 24,045 | 23,813 |
| Provisionof | |||
|---|---|---|---|
| supportfor | |||
| disabled | Total | Total | |
| people | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Staffcosts | 149,335 | 149,335 | 158,053 |
| Depreciation | 6,532 | 6,532 | 7,833 |
| Stafftraining | 3,101 | 3,101 | 1,899 |
| Rentandrates | 10,827 | 10,827 | 10,127 |
| Power,lightandheat | 4,928 | 4,928 | 4,802 |
| Propertyrepairsandmaintenance | 6,339 | 6,339 | 4,085 |
| Insurance | 6,903 | 6,903 | 5,956 |
| Computerrunningcosts | 1,254 | 1,254 | 1,233 |
| Motorrunningexpenses | 992 | 992 | 1,714 |
| Travelexpenses | 226 | 226 | 380 |
| Postage,courieranddeliverycharges | 456 | 456 | 590 |
| Legalandprofessionalfees | 453 | 453 | 401 |
| Accountancy | 11,653 | 11,653 | 9,244 |
| Baddebts | 125 | 125 | - |
| Bankcharges | 137 | 137 | 143 |
| Telecommunications | 2,197 | 2,197 | 2,242 |
| Entertaining | 969 | 969 | 299 |
| Sundryexpenses | 1,920 | 1,920 | 1,344 |
| Interestpaid | 14,959 | 14,959 | 19,618 |
| 223,306 | 223,306 | 229,960 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Wagesandsalaries | 140,717 | 149,432 |
| Socialsecuritycosts | 6,626 | 6,342 |
| Contributiontodefinedcontributionpensionschemes | 1,992 | 2,279 |
| 149,335 | 158,053 | |
| TheaveragenumberofpersonsemployedbytheCompanyduringthe | yearwasasfollows: | |
| 2023 | 2022 | |
| No. | No. | |
| Employees | 9 | 8 |
| Freehold | Plantand | Motor | Computer | ||
|---|---|---|---|---|---|
| property | machinery | vehicles | equipment | Total | |
| £ | £ | £ | |||
| Costorvaluation | |||||
| At1July2022 | 782,966 | 3,057 | 23,139 | 4,745 | 813,907 |
| At30June2023 | 782,966 | 3,057 | 23,139 | 4,745 | 813,907 |
| Depreciation | |||||
| At1July2022 | - | 1,256 | 18,194 | 3,929 | 23,379 |
| Chargefortheyear | - | 897 | 4,945 | 690 | 6,532 |
| At30June2023 | - | 2,153 | 23,139 | 4,619 | 29,911 |
| Netbookvalue | |||||
| At30June2023 | 782,966 | 904 | - | 126 | 783,996 |
| At30June2022 | 782,966 | 1,801 | 4,945 | 816 | 790,528 |
| Debtors | |||||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Duewithinoneyear | |||||
| Residentdebtors | 22,321 | 18,598 | |||
| Prepaymentsandaccruedincome | 26,938 | 5,320 | |||
| 49,259 | 23,918 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Bankoverdrafts | 1,036 | 1,657 |
| Bankloans | 42,910 | 41,949 |
| Otherloans | - | 2,400 |
| Tradecreditors | 808 | 1,218 |
| Obligationsunderfinanceleaseandhirepurchasecontracts | 3,117 | 3,400 |
| Othercreditors | 991 | 1,402 |
| Accrualsanddeferredincome | 7,871 | 15,978 |
| 56,733 | 68,004 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Bankloans | 474,617 | 517,405 |
| Otherloans | - | 16,020 |
| Netobligationsunderfinanceleaseandhirepurchasecontracts | - | 3,117 |
| 474,617 | 536,542 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat | 1 | 30June | |||
| July2022 | Income | Expenditure | 2023 | ||
| £ | £ | £ | £ | ||
| Generalfunds | 311,397 | 336,222 | (247,351) | 400,268 | |
| Summaryoffunds-prioryear | |||||
| Balanceat | |||||
| Balanceat | 30June | ||||
| 1July2021 | Income | Expenditure | 2022 | ||
| £ | £ | £ | £ | ||
| Generalfunds | 291,000 | 274,170 | (253,773) | 311,397 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Notlaterthan | 1year |
5,200 | 5,200 | |
| Laterthan | 1 | yearandnotlaterthan5years | 10,833 | 16,033 |
| 16,033 | 21,233 |
ON MY SIDE Registered number: 07660502 Charity number: 1186831
16 Colchester Vale Forest Row East Sussex RH18 5HJ
Kreston Reeves LLP Chartered Accountants Springfield House Springfield Road Horsham West Sussex RH12 2RG
Dear Sirs
This letter is furnished at your request in connection with your independent examination of the financial statements of the charity for the period ended 30 June 2023 for the purposes enabling you to issue your report to the trustees required by the Charities Act 2011 in respect of the charity’s accounting records and preparation of the financial statements.
We recognise that our representations concerning the matters referred to below are significant in enabling you to issue your independent examiner’s report.
We have fulfilled our responsibilities as trustees of the charity, as set out in your terms of engagement under the Charities Act 2011 and Companies Act 2006 for preparing financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice, which give a true and fair view of the financial position of the charity as of the period end and of the results of operations for the period then ended and for making accurate representations to you.
The financial statements have been prepared in accordance with the Companies Act 2006 and Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed, and in accordance with United Kingdom Generally Accepted Accounting Practice, including Accounting and Reporting by Charities: The 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 (FRS102) (“the SORP”), including all subsequent Update Bulletins issued that apply to the period under review .
Audit exemption
We confirm that the charity is entitled to the exemptions from an audit of the financial statements as set out in the Charities Act 2011 in that:-
-
The incoming resources of the charity did not exceed £1 million; or
-
The incoming resources of the charity did not exceed £250,000 and the charity’s gross assets did not exceed £3.26million; or
-
The incoming resources of the charity and its group did not exceed £1 million, after eliminating intra group transactions and consolidation adjustments; and
An audit of the financial statements is not required by the charity’s governing documents.
We confirm that the charitable company is entitled to the exemptions from an audit of the financial statements as set out in Section 477 of the Companies Act 2006.
Fraud
We acknowledge our responsibility for the design, implementation and maintenance of a system of internal control in order to prevent and detect fraud.
We have assessed the risk that the financial statements may be materially misstated as a result of fraud and it is our opinion that any such risk is minimal.
We are not aware of any irregularities involving management or employees who have a significant role with regards to the internal control system or that could have a material effect on the financial statements.
We are not aware of any fraud or suspected fraud of any kind communicated by current or former employees, analysts, regulators or any others.
We are not aware of matters related to fraudulent activity or other non-compliance with law or regulation arising since the beginning of the period which have been communicated to the Charity Commission.
Provision of information
We have made available to your representatives all significant financial records and related data. We have provided to you all other information requested and given unrestricted access to persons within the charity from whom you have deemed it necessary to obtain information. All other records and related information, including minutes of all management meetings, have been made available to you.
Accounting records
All financial transactions of the charity have been properly reflected in the accounting records in accordance with the requirements of the Charities Act 2011 and Companies Act 2006 and have been properly reflected in the financial statements.
Accounting estimates
We confirm that the methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework. We confirm that we have informed you of all such significant assumptions.
Minutes and Contracts
The minute books presented to you contain complete and authentic minutes of all meetings of the charity’s members and trustees held since the beginning of the period under review.
We have complied with all aspects of contractual agreements that would have a material effect on the financial statements in the event of non-compliance.
None of the trustees had at any time in the period an interest in any contract with the charity except as disclosed in the notes to the financial statements.
Law and Regulations
We confirm that we are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal and regulatory framework within which the charity conducts its business and which are central to the charity’s ability to conduct its business, except as explained to yourselves and disclosed in the financial statements.
We confirm that we have reviewed the guidance “How to report a serious incident in your charity” published by the Charity Commission. We also confirm that no Serious Incident Reports have been submitted to the Charity Commission, nor any events considered for submission, during the accounting period or in the period from the balance sheet date to the date of approval of the financial statements.
We are not aware of any instances during the period where the charity has operated outside its charitable objectives as laid down in its governing documents.
We can confirm that our procedures for handling data are compliant with the General Data Protection Regulation and that there have been no events which could result in any penalty being levied by the Information Commissioner’s Office which could have a material impact on the financial statements.
Tangible Fixed Assets
The net book amounts at which fixed assets are included in the balance sheet are arrived at:
-
After taking into account all capital expenditure on additions thereto, but no expenditure properly chargeable to revenue.
-
After eliminating the cost and accumulated depreciation relating to items sold or otherwise disposed of.
-
After providing for amortisation and impairment at rates sufficient to reduce the net book amounts to their residual value by the time they become no longer economically useful to the charity.
We confirm that all tangible fixed assets included in the financial statements exist at the balance sheet date.
We confirm there has been no impairment to the property and the property's cost in the accounts at £782,966 is reasonable.
Assets - General
We confirm that the charity has satisfactory title to all assets appearing in the balance sheet and that they are free from any lien or charge unless otherwise stated in the financial statements.
We have no intentions that may materially alter the carrying value or classification of assets and liabilities reflected in the financial statements.
Liabilities - General
All known liabilities of the charity at the balance sheet date have been included in the financial statements. Adequate provisions have been made in the financial statements for liabilities, which are known to exist but the amount of which, cannot be accurately determined.
Contingent Liabilities
We have disclosed to you all claims in connection with litigation or any other claims of material importance that have been, or are expected to be, received and any such claims have been appropriately accounted for and disclosed in the financial statements.
Taxation
The charity has not undertaken any activities during the year upon which a tax liability arises.
Statement of financial activities
All income of the charity for the period under review has been included in the financial statements.
Except as disclosed in the financial statements the results for the period were not materially affected by:
-
transactions of a sort not usually undertaken by the charity.
-
• circumstances of an exceptional or non-recurring nature. • charges or credits relating to prior periods.
All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions during the period in the application of such income.
Transactions with directors/trustees and other related parties
Trustees’ remuneration
We confirm that no remuneration was paid to trustees during the period under review.
Key management personnel compensation
We confirm that the key management personnel of the charity comprise solely the trustees of the company who have held office during the period. No other person has had any authority or responsibility for planning, directing or controlling the activities of the company.
Related party transactions
We confirm that we have fully disclosed to you the identity of all of the charity’s related parties.
You have been provided with details of all transactions between the charity and its related parties that have arisen during the accounting period and we confirm that the disclosure made in the financial statements of these transactions is complete and accurate.
We confirm the factual accuracy of the controlling party disclosure in the financial statements.
Capital Commitments
The financial statements make full disclosure of all outstanding amounts contracted for at the balance sheet date in respect of capital expenditure.
Post Balance Sheet Events
Since the balance sheet date no events or transactions have either occurred or are pending which would have a material effect upon the financial statements at that date, or for the period then ended, or which are of such significance in relation to the charity’s affairs as to require disclosure in the financial statements.
Review of going concern basis
We confirm that we have considered the charity’s future operations, working capital requirements and cashflows and we feel that the going concern basis is appropriate for the preparation of the financial statements for the period under review. Our considerations have covered a period of not less than 12 months from the date of the approval of the financial statements.
Our consideration has included a thorough assessment of the charity’s ability to continue trading as a going concern in light of the current economic climate. We have taken appropriate measures, as far as possible based on the information currently available to us, to safeguard the current and future operations of the charity.
There are no material uncertainties of which we are aware that cast doubt on the charity’s ability to continue as a going concern.
All projected cashflows, management accounts and other information and assumptions used in reaching this conclusion have been made available to you for the purposes of your assignment. We confirm that our plans for future actions required to enable the charity to continue as a going concern are feasible.
We are of the opinion that the disclosure on going concern in both the trustees’ report and the financial statements is an accurate reflection of the charity’s financial position.
Approval of Financial Statements
We confirm that the above representations are made on the basis of enquiries of management and staff with relevant knowledge and experience and, where appropriate, of inspection of supporting documentation sufficient to satisfy ourselves that we can properly make each of the above representations to you.
The financial statements and the contents of this letter were formally approved by the board at a meeting held on the date shown below.
Yours faithfully
Trustee
for and on behalf of the Board of Trustees
Date: ………………………