MY LIFE MY CHOICE TRUSTEES, ANNUAL REPORT AND UNAUOITED FINANCIAL STATEMENTS FOR THE PERIOO ENDED 31 MARCH 2022 Charity Number.. 1187726 (England and Wales)
MY UFE MY CHOICE TRUSTEES, ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 CONTENTS PAGE General Information Trustees, Annual Report Responslbllltles of the Trustee5 Independent Examinerfs report to the members Statement of Financial Activities Balance Sheet ststement of Cash Flow5 Notes to the Financial Statements 9-16 Charity number- 1187726
MY LIFE MY CHOICE GENERAL INFORMATION Registered Charity name My Life My Choice Charity number 1187726 Principal & registered oflice address Unit 3 Watlingron House Watlington Road Cowley Oxford OX4 6NF Trustees President Michael Edwards Paul 5carrott Joan Mansfield Nigel Taylor Katie Harrison Louise Weeks Abul Kasem Benjamin Mccav Kath Filleul Jack Blackwell Adrian Chappell Minty Hoyer Miller Anup Upadhyaya Accountants SPX Oxford Ltd Peace House 19 Paradise Street Oxford OXI ILD Independent examiner Sheila Parry FCCA Bankers Unlty Trust Charity number: 1187726
MY LIFE MY CHOICE TRUSTEES. ANNUAL REPORT FOR THE PERIOD ENDED JI MARCH 2022 Constltutlon The charity is registered as a Charitable Incorporated Organi5ation ICIOI with the Charity Commission Ino. 11877261 and is constituted by deed dated 3rd February 2020. Previously. the charlty was reglstere(I with the Charity Commission Ino. 10732471 as "Oxfordshire My Life Mv Choice AsSOClationl. Trustees Trustees are shown on p2 of this document. Oblert5 Our vision is a world where people with learning disabilities are treated without prejudice and are able to have choice and control over their own lives. Our mlsslon is three-fold.. To make Sure that there is independent support for people with learning disabilities in Oxfordshire to have their say and to claim their rights To make Sure that the Mews of people with learning disabilities are taken seriously by both professionals in the seNces they use an(1 the wider public To"Power Up" their lives so they can make a positive contribution to society. Revlew of the period During 2021122, like most of the nation. indeed much of the world. My Life My Choice IMLMCI be8an learning to'live with Covid" Digital inclusion and digital activities were an important part of our work, and will remain so, but the was a significant desire amongst our membership to return to"face-to-face" life once more. Our 2D21122 Annual Report (available on request and via our website) gives detail about how we adapted and developed our work in order to meet our members, ever-changin8 needs. Some of our highlights for the year included.. The rdaunch of Stingray nightclub, Gig Buddy, and Tr3vd Buddy getting people out and about agaln The launch of our"We Can't Walv campaign to prioritlse people wlth a learning disability on NHS waiting lists The growth of our Computer Buddy prolect Our Chair of Trustees, Ben Mccay, being interviewed on BBC Radio 4's Vou and Your5" in relation to the continu1 abuse of inpatients with a learning disability in secure hospitals. Thank you to everybody who has supported us during the year. Reserves Policy The trustees have established a reserves policy whereby the Unrestrict funds land already accrued contingency reserve brought forward) not committed Dr invested in tangible fixed asset5 held by the charity should be between 6 and 12 months. Based on the last three year5 expenditure and the projected expenditure in 2022123, the minimum target for 6 months 15 £204,881 with a maximum target not exceeding £409.762. Charity number.. 1187726
MY LIFE MY CHOICE RESPONSIBILITIES OF THE TRUSTEES FOR THE PERIOD ENDED 31 WIRCH 2022 The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regulations. Charity Law requires the trustee5 to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generallv Accepted Accounting Prartice (United Kingdom Accounting Standards and applicable lèwl. In preparing these financial statements. the trustees are required to.. select 5111table accounting policie5 and apply them consistently,. observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent; state whether applicable UK AccountinÉ Standards have been followed, subject to any material departure5 dlsclosed and explained in the financial statements.. prepare the financial statements on the going con¢ern ba515 unle55 It is inappropriate to presume that the charitsble company will continue in operation. The trustees are responsible for keeping adequate accounting record5 that are sufficient to show and explain the charitls transactions and disclose with reasonable ac¢uracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Chèrities Act 2011. They are responsible for safe8varding the assets of the charity and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. INDEPENDENT EXAMINATION The nominated independent examiner will be eon5idered by trustees for re-appolntment for the ensuing year. Signed on behalf of the tnjstees Benjamin Mccay Co-chair of the Trustee5 02 Charity number.. 1187726
MY LIFE MY CHOICE INDEPENDENT EXAMINER'S REPORTTO THE MEMBERS FOR THE PERIOD ENDED 31 MARCH 2022 I report on the accounts of the Charity for the period ended 31 March 2022. which are Set out in pages 6- 16 Respectlve responslbllltie5 of trustees and emamlner As the charit5 trustees you are responsible for the preparation of the accounts.. you consider that the audit requirements of $144121 of the Charities Act 2011 Ithe 2011 Act) does not apply and that an Independent Examination is needed. The charitvs gross income exeded £250.OC(l and l am qualified to undertake the examination by being a qualified mèmber of the Association of Certified Chartered Accountants. It is mv responsibility to state. on the basis of procedures specified in the General Directions given by the Charitv Commissioners under s145 of the 2011 Act, whether particular matters have come to my attention. Bas15 of Independent examlnerfs report An examination was carried out in accordance with the General Dirertions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideratic)n of any unusual items or disclosures in the accounts and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit and, consequently. I do not express an audit opinion on the accounts. Independent examlnerfs statement In the course of my examination, no matter has come to my attention: 11 whlch glves me reasonable cause to believe that, in any material respect, the requlrements-. to keep accounting records in accordance with s130 of the 2011 Act.. and to prepare account5 which accord with the accounting records and to comply with the accounting requirements of the 2011 Acr. have not been met,. or 121 to which. in my opinion, attention should be drawn in order to enable a propèr understsnding of the accounts to be reached. Shdla Parry FCCA 9 December 2022 Date...........................................-.. Charity number.. 1187726
MY LIFE MY CHOICE STATEMENT OF FINANCIAI AcnviTIES FOR ThE PERIOD ENDED 31 MARCH 2022 Unrestrlcted Funds Restrlrted Furyls Total 2022 Unre5tr5rt Fund5 Rèstricted Funds Total 2021 Income from.. Donations and legacies Charitable activities Other trading artivities Investmerts 293 293 172,403 81317 254,720 202,467 317.742 520.209 39.663 355.545 395.208 2.091 204.851 1091 522.593 1,798 213,864 1,798 651,726 Totsl Income 317,742 437,862 EXntre . Ralsing funds charitse activities Total expendlturè 83 88.236 88.319 83 395.870 395.953 325 23,528 23,853 325 322,171 322,496 307,633 307,633 298.643 298,643 Net gains 1-105ses In In¥estment5 et In¢omè l- expendlture Trafer5 between fvnds Net mo¥ement In fvnd5 8,700 &7(X) 12,972 12,972 116.531 io,iio 126,641 190.011 139,219 329,230 - 41,909 41.9)9 83,322 52,019 135.341 202.983 139,219 342,202 Reconciliation of funds.. Totsl funds brought forwards 202,983 139,219 342,202 Total funds rrIed forward 286,305 191,238 477.544 202,983 139,219 342,202 The Statement of Financial Activities includes all gains and losses in the period and therefore a statement of total recognised Éain5 and10sses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 9 to 16 form part of these financial statements. Charity number.. 1187726
MY LIFE MY CHOICE BALAN SHEET AS AT 31 MARCH 2022 2022 2021 Notes FIXED ASSETS Tangible A55et5 Investments io li 4.366 95,(K)3 9.837 86.303 CURRENT ASSETS Debtors Cash at bank 12 41,488 344,702 36,096 221.730 386.189 257.826 CREDITORS= Amounts fallin8 due within one year 13 - 8,015 - 11.764 NET CURRENT AsseTS 378.175 246.062 CREDffORS.. Amounts falling due after more than one year NET LIABILITES 477,544 342,202 FUNDS INCOME FUND5 Unresrritted Income funds Restricted reserves 14 286.305 191,239 202.983 139.219 TOTAL INCOME FUNOS 477,544 342.202 For the period ended 31 March 2022, the charity was entitled to exemption from audit under section 145 of the Charities Act 2011. Trustees responsibilitlE5'. The rnembers have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 145,. and The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These fi ancial statements were approved by the members of the committee and authorised for issue afid are signed on their behalf by: Benjamin Mccav Chair of th Trustees Charity number= 1187726
MY LIFE MY CHOICE STATEMENT OF CASH FLOWS AS AT 31 MARCH 2022 2022 2021 Notes Cash used in operatlng aL*ivitie5 18 122.471 2,731 Cash flows from inve5tin8 activities Dividends and interest from snvestments Purchase of investments Purchase of fixed as5et5 i(yJi - 40,Q)O -799 1,591 Cash provided by Iu5ed inl investl artivities 5C¥) 39,001 Increase (de(Se) in cash and cash equivalents In the year 122.971 221,730 Cash and $h equlvalents at the bewnning of the year 221.730 Total cash and cash equivalents at the end of the year 19 344.702 221,730 Charity number- 1187726
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENT5 FOR THE PERIOD ENDED 31 MARCH 2022 I. ORGANISATION STATUS My Life My Choice is a Charitable Incorporated Organisation ICIOI. The assets and liabilities of the previous unincorporated organisation were transferred to the new CIO oin 7 May 2020 when the old charity was wound up. 2. ACCOUNTING POLICIES Basls of accounti The charity constitutes a public benefit entity as define(I by FRSIO2. These financial statements have been prepared under the historical cost convention and in accordance with applicable united Kingdom accounting standards and the requirements of the Statements of Recommended Practice 2015 ISORP 20151. 'Accounting and Reporting by Charities,, issued by the Charities Commission and the Companies Act 2006, with FR5102, update bulletin l. Fund ac¢ountl Unrestricted funds are avallable for use at the dlscretion of the trustees in furtherance of the general objectives of the charity. Restrirted funds are funds which are to be used in accordance with specific restrlctions imposed by the donor or trust deed. Income All incorne 15 included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is ceiVed by way of grants, donations and gifts and 15 included in full in the Statement of Finanoal Activities whw receivable. Grants, where entitlement is not conditional on the dèlivery of a specific performance by the d)arity, are recognised when the charity becomes unconditionally entitled to the grant. Investment income and Interest recesvable Income from inve5tment5 ènd dep051t interest is included in the statement of financial actimties when it becomes receivable. Investment income is induded Br05s of recoverable taxation. Expenditure Expenditure is a(Unted for on an accruals basis and has been classified under headings that aggregate all costs related to the c3te8ory. Expenditure represents amounts invoiced. including value added tax. FSxed a55ets Fixed assets (èxcluding investments) are stated at cDst less accumulated depreciation. All assets costing £150 or more are capitalised and valued at historical cost. Charity number.. 1187726
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Dewedation Depreciation is calculated so as to write off the cost of an asset, les5 its estimated residual value, over the Useful economic life of that asset as follows: Office furniture- 20% straight line Computer equlpment- 33% straight Ilne In¥e5tments Investments a valued at market value at the balance Sheet date with net gains and losses ari5inB on revaluation and disposals during the year included in the statement of financial 4ctivlties. Taxatlo The Charity is exempt from curporation tax on Its charltsble actimties. 3. INCOME FROM DONATIONS AND LEGACIES Unrestricted Fd¥ Restrfded Fund5 Total 2022 Total 2021 Donation from previous unincorkK)rated charity Other donations received 254,448 293 293 272 293 293 254.720 Charity number.. 1187726 io
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 l¢ontlnuedl 4. INCOME FROM CHARITABLE A1VITIEs Unrestricted Fund5 Restrirted Funds Totsl 2022 Total 2021 Oxfordshire County Council South Oxfordshire Oistritt Council The Big Lotterv Oxford City Council Oxfordshire Community Foundation Thames Valley Police Imagine Foundation Paul Hamlyn Foundation National Lottery Community Fund Lloyd5 Bank Foundation West Oxfordshire District Council Oisabillty Actlon Charities Aid Foundation Other Trusts and Foundations RMS Southern Fees received Ticket sales Other income 131.500 4.336 13L500 4,336 71,750 2.168 41.515 13.934 4,950 2,000 8.000 49.750 20.313 33,000 3.356 10,293 14.053 88,462 85,608 io(K) 21230 io 22,230 20.028 20.02B 25.OOD 3,356 3.431 105,717 69,100 9,500 35,752 1,140 LS10 25.oc 3.356 3.431 105,717 19,O¢J) 9,5 50.IC 35.752 L140 L510 31,663 202,467 317.742 520,209 395.207 5. INCOME FROM INVESTMENTS Unrestricted Funds Restricted Funds Total 2022 Total 2021 Bank interest Dividends receivable 1091 2.091 1.798 1091 2,091 1,798 Charity number.. 1187726 li
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Itontlnuedl EXPENDITURE ON RAISING FUNDS Unre5trirted Fund5 Re5trlrted Fund5 Tal 2022 Total 2021 Gifts and Donations 83 83 325 83 83 325 7. EXPENDITURE ON CHARITABLE AcnvinES Unrestrfcted FU19 Restrfrted Funds T•xal 2022 Unrestrktèd Funds Restrlcled Funds Total 2021 stsffing c05t5 Freelance worker5 Training- staff and beneficiaries Recruitment Insurance Books and materials Rent and room hire Wellness packs iPads Travel and subsistence Printing and stationery Telephone and postage IT costs Bank char8e5 Equipment Depreciation Refreshments Consultancy fees Membership Repairs and maintenance 1.152 477 261.997 7.973 263,149 8.4SO 2,502 201,982 10.929 204.484 10,929 244 752 55 757 812 4,747 1,611 162 118 407 525 1.611 253 253 22 17.179 526 13,752 30,932 526 8.120 21.086 24,779 2.712 29,206 24.779 2,712 663 1,990 1,903 10.437 10.543 4.148 1,198 iio 329 2,319 4,571 11,500 10,772 10,498 1,213 iio 1668 1,062 229 663 9.037 9.004 521 9,037 10,379 2,459 LClJ8 1.375 1.938 1,008 6,350 15 7,062 1,063 6.765 694 7,062 2,181 15,660 694 2,80S 1805 1.118 &895 15.309 15.309 $43 543 L129 1,129 95 95 8,S31 1,170 925 8.631 1.170 925 Professional fee5 D85 charge Other costs 1,882 136 L882 503 367 2.971 1,298 1,220 1,597 4.191 2.895 955 1,753 1708 L080 Governance cost5 1,080 88,236 307,634 395,870 23,528 298,643 322,171 Charity number.. 1187726 12
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOO ENDED 31 MARCH 2022 Icontinuedl GOVERNANCE COSTS Unrestrirted Funds Restricted Fund5 Total 2022 Total 2021 Independent Examiner's fee Accountancy fees Trustee Expenses 222 222 222 858 858 858 1,598 1.598 L598 1080 2.678 1.080 ANALYSIS OF STAFF COSTS 2022 2021 Wages social security costs Pension costs 233,115 16,981 13.053 180,214 13.649 10,621 204,484 263.149 None of the employees of the charity earned £60,CM)O or more during the period ended 31 March 2022 The average number of employees during the period was 13 12021= 111. All employees are involved in the prowsion of the charity'5 objectives. 10. TA14fj1BLE FIXEO ASSETS Comput•rs Equiprnent Totsl COST At l April 2021 Additions Di5POsals At 31 March 2022 12,030 1.349 15,218 242 27.248 1,591 13.379 15,4 28.839 DEPRECIATION At l April 2021 Charge for year Disp05als At 31 March 2022 - 9,250 - 3,970 .161 - 3,092 17.411 - 7.062 13.220 11.253 - 24,473 NET BOOKVALUE At 31 March 2022 159 4.207 4,366 At 31 March 2021 2.780 7.057 9,837 Charity number.. 1187726
MY LIFE MY CHOICE NOTES TO ThE FINANCIAL STATEMENTS FOR THE PERIOD ENOEO 31 MARCH 2022 Icontinuedl 11. INVESTMENTS 2022 2021 At start of year Trarsfer from unincorporated charity Additions Unrealised gain At end of year 86,303 33.331 40,0(t) 12,972 86.303 8.700 95.003 12. DEBTORS 2022 Z021 Trade debtors Prepayments Other debtors 33,843 1,276 369 28.889 759 4L488 36,096 13. CREDITORS 2022 2021 Trade creditors Accruals other creditors 739 844 9S6 1160 &760 6.320 8,015 11,764 14. iINRE5TRICTED INCOME FUNDS Galns /- losses on Investment Balance at I Aprll 2021 Transfer Balance at 31 Marth 2022 Income EMpendltur¢ Coritingency reserve5 24.664 24.664 General reserve 178,319 202,983 204.851 204,851 - 88.319 - 88,319 8,700 8,700 . 41.909 261.641 286.305 Charity number: 1187726 14
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Icontlnuedl 15. RESTRICTED INCOME FUNDS Galns /- 1055es on Investment Balancè at I Aprll 2021 Income Expenditure Transfer Balance at 31 March 2022 Groups Restrirted Funds- Other Travel Buddy ChaTNpion5 Inspections Power Up Gig 8uddie5 CoYid-19 Compuier Buddies 20,234 75,831 - 7,014 89.052 115,484 122,494 7.010 25,021 15,323 10.000 20,028 44.169 - 44,021 -75 - 47.376 11,762 - 54,775 35.276 3,207 3.037 19.655 8,725 15.620 54,296 19.500 54.296 32,730 - 20,116 11614 Total fund5 139,219 317.742 - 307.633 41,909 191,238 Purpose of funds: Group5.' Members meet. learn new skills. speak up and make new friends General funds: Core costs and organisational development Travèl Buddy. Mernbers learning to travel independentlv ChampSons- Member5 speaking up and campaignin8 in order to improve the quality of life for people with learning disabilities Inspections: Members checking health and social care services Gig Buddy: Members getting out and having fun Power Up: Members train their peers, produce films and act as consultants to raise awareness of learning disability Issues. Covld-19: Helpline, accessible mailouts. Wellness Packs. on-line activities. campaigning, Phone Buddv service, and Digital Inclusion Computer Buddy.. Supporting rnembers to be digitally included with free devices and training 16. ANALYSIS OF NET ASSETS BEfNEEN FUNDS TanKlble flxed assets Net a55et51- Total Restricted lund5 Unrestricted Funds 149,329 323.848 149.329 328.214 4.366 4.366 473,177 477.543 Charity number.. 1187726
MY LIFE MY CHOICE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDEO 31 MARCH 2022 (continued) 17. Reconc511atlon ol net movement In funds to net cash flow from operatlng actlvltles 2022 2021 Nel incomelexpenditure for the year las per the Statement of Financial Activities) Add back depreciatlon charge Investment income Transfer of assets and liabilities from unincorporated charity Decrease lincreasel in debtors Increase Idecreasel in creditors Net cash used in operating activities 126,641 329.230 7,062 - 2,091 1805 1.798 45,174 S,392 3.749 122,471 - 36,096 11,764 260.731 18. TRUSTEE REMUNERATION, KEY MANAGEMENT PERSONNEL AND REiATED PARTY TRANSACTIONS No membÈr of the board of trustees received any remLtneration for the role as trustee during the year. Some trustees received payment for professional 5erwces supplied to the charSty'. £3,18412021'. £2,156). No trustees were reimbursed for travel expenses during the year. The Key Management Personnel comprisè the Trustees, Charity co.ordinator and Deputy Charity Co- ordinator. The total employee benefits of the key management personnel were £96.82112021: £88,832). Other than the payment to trustees for services disclosed above, there were no other rdated party transactions. Charity number.. 1187726 16