Charity Re¥Ystration No. 1189177 HIPP!!BONES CIO TRUSTEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 22
HIPP!!BONES CIO CONTENTS Page Charity Reference and Administrative Information Trustees, Annual Report Independent Audito Report Statement of financial activities Balance sheet Statement of cash flows Notes to the Financial Statements 8-14
HIPP!!BONESCIO LEGAL AND ADMINISTRATIVE INFORMATION Tvustees Mrs S Huni Mrs S Burge5S Mrs J AJathoon Yourh 5uppffl w0er In tharze Mrs J Pike Chalrman Mrs S Hunt Tare1 Ms S Nevmian Commlttee members Mrc Walters Chavlty Number 1189177 PrIncI1 address Mint CottagÈ The StrÈÈt Mottambe Shaftesbury Dorset SP7 9LU Bankers NatWe5t Bank
HIPPIIBONES CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 22 The trustees present their port and account5 for the year ended 31 July 22 The accounts have been prepared in accordance with the accounting policies set out in note I to the 8ccount5 and comply with the trusts constitution. the Charities Act 2011 and "Accountirhg and Reporting by Charities- Statement of Recommended Pradrce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to UK and Republic of Ireland IFRS 1021 (effective l January 20151" Structure, governance and management The charity was established by 8 constitution on 23 April 2020 The trustees who served during the period were: Mfss Hunt Mfs S Burgess Mrs J Arathoon The Trustees are also volunteers so are very familiar with the work of the charity. Apart from the first charity trustees, every Jppointed trustee must be appointed by a resolution passed at a properly convened meeting of the charity tnJ5tee5. None of the trustees has any beneficial interest in the charity. The charity is adrrhinistered by the board of trustees. The day to day running of the charity is overseen by Mrs I Pike who attends board rneet1n to report to the trustees. The trustees have assessed major risks to which the chartty is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Objectives and artivities The tharity's objects are for the public benefrt to act as a resource for young people with disabilities up to the age of 25 living in Dorset an(1 the surrounding area5 by providing advice and assistance and organising prograrnmes of physical, educational and other attivrf(ies as a means of advancing in life and helping young people by developing their skills. capacities and capabilities to enable them to participate in society as independent. malure and responsible individuals. The charity provides a targeled youth tlub for youn8 people with learning difficulties. disabilities, Autism andlor additional need5. The club encourages young people to explore new activities and gain life skills through a variety of arts & crafts, cookery and sporting pursuits. The trustees have paid due regard to guidance issued by the Charity Commission In deciding what activities the charity should undertake.
HIPP!!BONES CIO TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 22 Achievements and pertormance During the tharity's second year we have seen the number of members increase two-fold with an average of twenty plus member5 attending each session. We have been able to expand our provision, encouraging young people to explore new activities, such as. Taiko drumming. Alongside gaining lrfe skills through a wider Yariety of arts and crafts. tookery. sporting pursuits, air hockey, pool and sensory activities. We have been very fortunate to work with Sherborne Town Youth Football Club, who visit every fourth session to provide targeted football training. for our members, which has been hugely popular and beneficial to Ith organisations. We have been able to 5ubsidise four offsite trips, to enable our members to participate in fully inclusive bowlin& paddleboardin& and kayaking alongside our annual pantomime visit. We have provided development opportunrtie5 for our Youth Support worker to progress and gain a Level 3 Diploma in Youth Work, wtth a view to succession planning. In addition we are supporting three of our members to make the transition to Young Leaders. In March 2022 we achieved a Charity Excellence Quality Mark. and we have identified areas for further development in 2022 - 2023. Financial Review The charity received grants whtch totalled £5,480 The thartty is reliant on member's subscription5, fundraising income and donatiofts which totalled £6.976. The total expenditure for the period totalled £13.976 The trustees consider that the reserves should be at least one month5 wages. At the end of the year the unrestricted reseNes totalled £21.158 On behalf of the board of trustees Mi55 S Burgess Trustee Date
HIPPIIBONES CIO INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 JULY 22 We report on the accounts of the thartty for the period ended 31 July 2022. which are set out on pages 5 to 14. Respective Responsibilities of Trustees and Auditors The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to.. lil examine the accounts under section 145 of the 2011 Act: lill to follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the 2011 Art.. and liiil to state whether particular matters have come to my attention. Basis of Independent examinerfs report Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the attounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you a5 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examinèr's statement Your attenlion is drawn to the fact that the charity has prepared accounts in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005 which is referred to in the extant regulations but has not been withdrawn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting pèriods be8lrtning on or after l January 2015. In connection with our examination. no other matter except that referred to in the previous paragraph has come to our attention.. lal which gives us reasonable Cause to believe that in any material respect the requirements.. lil to keep accounting records in accordance with section 130 of the 2011 Act. and lill to prepare atcounts which accord with the accounting records. and comply with the accounting requirements of the 2011 Att- have not been met or Ibl to which, in our opinion. attention should be drawn in order to enable a proper understanding of the account5 to be reached. Geoff tt FCCA Spartae, Tarrant Gunville, Dorset Date
HlPP!!BONES CIO STATEMENT OF FINANCIAL AcfiviTIES {INCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 JULY 22 Year ended 31 Jul 22 Year ended 31 Jul 21 Unrestricted Restrirted Note5 Income Donations and grants Charitable activities 11.089 886 480 11,569 886 36,253 200 Total Income 11.976 12,456 36,453 Ex enditure on- Charitable activities ty7 13.616 360 13,976 14,336 Total expenditure 13.616 360 13.976 14.336 Net income I lexpenditurel 11,641) 120 11,5211 22,799 Transfer between funds Net movement in funds 11.641) 120 11.5211 22.799 Reconciliation of funds: Total fund5 brought forward Total funds carried fonvard 22.799 21.158 22,799 21.278 120 22,799 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
HIPP!!BONES CIO BALANCE SHE ASAT31 JULY22 2022 2021 Notes Flxed Assets Equipment Less.. Depreciation 5,218 1814 5.218 947 3.404 4,271 Current Assets Debtors 617 699 Cash at bank and in hand 17,786 18,217 18.404 18,916 Creditors: Amounts falling due wlthin one year io 15291 13881 Net Current assets 17.875 18.528 Total assets less current liabilities 21,278 22,799 Net assets 21.278 22,799 Income Funds Unrestricted funds 21,158 15,634 Restricted funds li 120 7.165 21,278 22.799 The financial statements were approved by the Board on Miss S Burgess Trustèe
HIPP!!BONES CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 22 Accounting policies Charity information Hippl Ibones is an Charity Incorporated Organisation established by consiitution in April 2020. Assets and reserves were transferred from Hippl Ibones C4YSN Limited which has now been dissolved 1.1 Basis of Preparation These attount5 have been prepared in accordance with FRS 102 Yhe Financial Reporting St3ndard pplicable in the UK and Republic of Ireland" I"FRS 102.1, -Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting Practice as it applies from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102. The accounts have departed from the Charitie5 IAccounts and Reportsl Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Prartice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The accounts are prepared in sterlin& which is the functional currency of the charity. Monetary amounts in these firbancial statements are rounded to the nearest £1. The accounts have been prepared on the historical c05t convention. The principal accounting policies adopted are set out below. 1.2 Goin8 ¢on¢ern At the time of approving the ac¢our7ts, 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 accourTrts. 1.3 Cashflow The charity has taken advantage of the exemption in FRSI from the qUirement to produte a cash flow statement because it is a small charity 1.4 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charltable objectives unless the funds have been designated for other purposes. Restricted funds are subjett to spectfic condttions by donors as to how they may be used. The purposes and uses of the restricted fun(Is ore set out in the notes to the accounts.
HIPP!!BONES CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 22 Accounting pollcies Icontinuedl 1.5 Incoming Resource5 Income is recognised when the charity is legalty entitled to it after any performance conditions have been met, the amoLtnts 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 perform3nce conditions require deferral of the amount. Income tax recoverable in relation to donation5 received under Grft Aid or deeds of covenant is recognised at the time of the donation. All incoming resources are recognised once the chartty has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming sourceS can be measured with sufficient reliability. Income from donations and grants. including tapital grants, 15 included in incoming resources when these are receivable, except a5 follows= when donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferd until those periods; and when donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income,. the income is deferred and not included in incoming resource5 until the pre-conditions for use have been met. Turnover is measured at the fair value of the consideration receNed or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts.
HIPP!!BONES CIO NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 22 Accounting policies Icontinuedl 1.6 Resources expended Liabilities are recognised as resources expended as soon as there is a legal or constfuttive obligation committing the charity to the expenditure. All expenditure is accounted for on the accruals basis and includes irrecoverable VAT. Expenditure is allocated to categories either on a direct or a usage basis. Expenditure that is directly attributable to raising fund5 is included in the costs of generating funds. Expenditure attributable to meeting the aims and objectwes. including the support costs, is included in charitable activities. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at tall with banks. other short-term liquid investments with original matuflties of three month5 or less, and bank overdrafts. Bank overdrafts are shown within borrowin85 in current liabilities. 1.8 Tangible Fixed Assets and depreciation Fixed assets are initbally recorded al cost less any subsequent accumulated depreciation. Depreciation is provided on tangrble fixed assets $0 as to write off the c05t or valuation, less any estimated residual value, over their expected useful economic lrfe as follows- Equipment.. 15% reducing balance Computers= 25% straight line
HIPP!!BONES CIO NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 31 JULY 22 Donations and legacies Unrestricted fvnds Restricted funds Total 2022 Total 2021 Funds: Donation5 Grants Dorset Community Fund ICOVIDI Gillingham Town Council ICOVIDI UK Youth Fund ICOVIDI Dorset Council ICOVIDI HMRC Job Retention scheme Gillingham Town Council Garfield Weston 6,089 6.089 12.573 2.000 2,033 12,500 5,182 1,311 11.089 11,569 36,253 For the year ended 31 July 21 20,409 15.844 36,253 Charitable activities 2022 2021 Fundraising activities 886 886 854 854 io
HIPP!!BONES CIO NOTES TO THE ACCOUNTS {CONTINUED} FOR THE YEAR ENDED 31 JULY 22 4 Expenditure Depre- ciation Other Grant funding Total 2022 Total 2021 stsff costs costs Raising funds 731 Charitable activities Support costs 5,185 867 7.924 13,976 13,654 5 Support costs Staff costs Rent and storage Mobile Phone Postage. Photocopying and stationery IT costs Insurance Resources PR and marketing Equipment maintenance Repairs and renewals Staff recruitment and other costs Sundry expenses Professional and training Safety equipment Depreciation 5.185 1,260 69 118 15 498 4,383 853 78 13 221 68 347 3.622 160 20 20 1,620 160 1,918 76 3,228 140 769 243 947 867 13,976 6 Trustees None of the trustees lor any persons connerted with them) received any remuneration during the year and none of them were reimbursed travellin8 expenses12021= £nill 7 Employees Numberofemployees The average number of ernployees during the period was.. 2022 Number 2021 Number Youth support worker in charge Youth support worker Employment costs 2022 2021 Wages and salaries 5.185 3.622 3,622 There were no employees whose annual remuneration was £60,0 or more12021- nonel. li
HIPP!!BONES CIO NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 22 Fimed assets Equlpment 2022 Cost blf l August 21 Additions At 31 July 2022 5,218 5,218 Depreciation blf l August 21 Charge At 31 July 2022 947 867 1,814 Net Book Value At 31 July 2022 At 31 July 2021 4,271 Debtors 2022 2021 Stock 59 Prepayments and accrued income 558 699 617 699 10 Creditors: amounts falling due within one period 2022 2022 Taxes and social security costs Other creditor5 & accrua 95 100 434 288 529 388 12
HIPP!!BONES CIO NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31 JULY 22 11 Restricted Funds Balance at I Income Expenditu Transfers Balan¢e at 31 July 2022 August 2021 Grant5 Gillingham Town Council UK youth fund 658 6,507 480 11,0181 16.5071 120 7.165 480 17.5251 120 12 Analysis of net assets between funds Unrestricted funds Restrirted funds Total Fund balances at 31 July 22 are repsented by- Current assets Creditors.. amotjnts falling due within one year Creditors.. amounts falling dLEe after one year 18,284 15291 120 18,404 15291 17,755 120 17,875 At 31 July 22 the amount of the Free Reserves at the ch3rtty's di5POsal wa5 £21,158 12021.. £156341. 13 Cash generated from operations 2022 2021 Surplus/ Ideficitl for the period 11,5211 22,799 Adjustments for.. Depreciation in year 867 947 Movements in working capital Decrease/llncreasel in debtors Increa5elDecreasel in creditors 82 141 14311 23.746 14 Related party transactions During the year the trustees made donations to the chartty totalling £3312021 £851. 13