## **ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE FIRST FINANCIAL PERIOD ENDED 6TH APRIL 2021**
## **FOREVER AGILITY CHARITABLE INCORPORATED ORGANISATION CHARITY REGISTRATION No: 1190989**
Independent Examiners Ltd Unit 2 the Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
## **FOREVER AGILITY CIO**
## **CONTENTS**
Legal and Administrative Information
Page 3 Legal and Administrative Information Page 4 Pages 5 to 7 Trustees Report Page 8 Statement of Receipts and Payments Page 9 Statement of Assets and Liabilities Pages 10 to 11 Notes to the Accounts
Independent Examiners Report to the Trustees
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## **FOREVER AGILITY CIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY NUMBER**
1190989
**START OF FINANCIAL PERIOD** 24th August 2020 **END OF FINANCIAL PERIOD** 6th April 2021 **TRUSTEES AT 6TH APRIL 2021** Mr. R. Hennessy (appointed 24th August 2020) Mr. N. Ellis (appointed 24th August 2020) Ms. A. Wilkinson (appointed 24th August 2020) Ms. C. Harvey (appointed 24th August 2020)
The existing trustees appoint any new trustees following the provisions laid out in the organisation's governing instrument.
## **LEGAL STATUS**
## **GOVERNING INSTRUMENT**
Charitable Incorporated Organisation Registered with the Charity Commission of England and Wales Foundation Registered 24th August 2020
## **OBJECTS**
The prevention of poverty and relief of financial hardship among those involved (or previously involved) with dog agility in the UK (or their dependents or immediate relatives) who are in need by, but not limited to, the provision of grants of money for providing or paying for goods, services or facilities which they could not otherwise afford.
## **CORRESPONDENCE ADDRESS**
## **PRIMARY BANKERS**
26 Garners Field Great Bourton BANBURY OX17 1FH Lloyds Bank Plc Oldham Branch 1 Legg Street Chelmsford Essex CM1 1JS
## **INDEPENDENT EXAMINER**
J Irvine-Smith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane West Sussex PO18 8NF
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## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees of Forever Agility CIO on the accounts for the period ended 6th April 2021 set out on pages 8 to 11.
The CIO's trustees are responsible for the preparation of the accounts. The CIO's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Irvine-Smith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date: 15th February 2022
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## **FOREVER AGILITY CIO**
## **TRUSTEES REPORT FOR THE PERIOD ENDED 6TH APRIL 2021**
The Trustees present their report and accounts for the period ended 6th April 2021.
The accounts have been prepared in accordance with the charity’s foundation document and the Charities Act 2011 (“the Charities Act”) following the option under C25 section 133, which allows accounts to be prepared on a receipts and payments basis by certain charities.
## **Summary of the Purposes of the Charity as set out in the Governing Document**
The objects of the Charity as a Charitable Incorporated Organisation (“CIO”) are, for the public benefit: The prevention of poverty and relief of financial hardship among those involved (or previously involved) with dog agility in the UK (or their dependents or immediate relatives) who are in need by, but not limited to, the provision of grants of money for providing or paying for goods, services or facilities which they could not otherwise afford.
## **Summary of the main activities in relation to those purposes for the public benefit**
The key way that Forever Agility meets its objectives is through the provision of grants to those who apply for help and meet our criteria.
The trustees refer to a Grant-Making Policy when considering applications.
## **Public Benefit Statement**
The trustees have made use of the guidance available from the Charities Commission. This report is intended to demonstrate that activities of the CIO provide identifiable benefit to the public or a section of the public, including people on low incomes, and that any private benefit occurring is incidental.
## **Achievements and Performance for the period 24th August 2020 to 6th April 2021**
With this being the first year we have been a registered charity, the aim was to continue to grow our presence and make people aware of the help we could offer.
A lot of this was done on social media; we set up a website and a Facebook page which has around 2,500 followers.
The support we received was amazing and our fundraising/donations by far surpassed our expectations.
We also approved a number of grants from applications that met our criteria and helped fulfill our objectives. This aspect was something we identified as an area to work on, to make more people aware of the help we could potentially offer.
## **Financial review**
The receipts and payments position as regards Forever Agility for the period ended 6th April 2021 is summarised as follows:
Total receipts on unrestricted funds was £39,130. This includes a transfer of funds totalling £32,351 from the unregistered entity (please see note 11 for more details). No restricted income was received.
The net result as at 6th April 2021 was an excess of total receipts over payments for the year of £36,614.
The accounts are prepared in accordance with the Forever Agility Constitution and the Charities Act 2011 following the option under C25 section 133, which allows accounts to be prepared on a receipts and payments basis by certain small Charities.
## **Financial Reserves Policy**
The charity currently has very few monthly outgoings, so it is not a current necessity to have an extensive reserves policy. Our primary source of outgoings is the grant making, but fundraising efforts were substantially more effective than expected. This means our income has significantly outweighed expenditure.The trustees have considered the level of reserves that they wish to retain, appropriate to Forever Agility's needs. This is based on the size and the level of financial commitments held. The trustees will endeavour not to set aside funds unnecessarily.
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## **FOREVER AGILITY CIO**
## **TRUSTEES REPORT (continued) FOR THE PERIOD ENDED 6TH APRIL 2021**
## **Financial Information**
The Charity Commission allows a small charity to opt to prepare their annual accounts on a ‘Receipts and Payments’ basis rather than an accruals basis which is required by medium and large charities. Forever Agility CIO is within the limits set by the Commission and as the trustees consider that the present financial controls that are presently in place are adequate to fulfil their responsibilities, the trustees have prepared the Financial Statements on the said Cash Basis.
Further details showing the financial position are provided in the Annual Statement of Accounts.
The charity remains dependent on the generous support of its donors as it seeks to further develop its activities.
## **Policy on Grants**
A grant making policy was agreed by the trustees in April 2021 and must be reviewed at least annually. For the avoidance of doubt, the trustees may review this policy at any time. The CIO apply the funds at their discretion and in accordance with the charitable objectives of the CIO.
## **Volunteers**
We would like to thank all the volunteers that give their time and energy to Forever Agility CIO.
## **Structure Governance and Management**
Forever Agility is a CIO which was registered at the Charity Commission on 24th August 2020.
The CIO constitution governs the running of Forever Agility. The CIO trustees who served during the Operating Period were:
Mr. R. Hennessy (appointed 24th August 2020) Mr. N. Ellis (appointed 24th August 2020) Ms. A. Wilkinson (appointed 24th August 2020) Ms. C. Harvey (appointed 24th August 2020)
The CIO constitution describes the procedure for trustee selection. There must be at least three CIO trustees. Every new trustee must be appointed by a resolution passed at a properly convened meeting of the CIO trustees.
All decisions are made at meetings of the four charity trustees. At least three trustees must be present and agree to any decisions made.
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## **FOREVER AGILITY CIO**
## **TRUSTEES REPORT (continued) FOR THE PERIOD ENDED 6TH APRIL 2021**
## **Trustee Responsibilities**
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Declarations**
The trustees declare that they have approved the Trustees Report above.
Signed on behalf of the CIO Trustees
Signature Full Name Ryan Hennessy Position Trustee Date 13.02.22 Signature Full Name Neil Ellis Position Trustee Date 15/02/2022
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## **FOREVER AGILITY CIO**
## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE PERIOD ENDED 6TH APRIL 2021**
|**Notes**
**RECEIPTS**
Voluntary Receipts
**2a**
**TOTAL RECEIPTS**
**PAYMENTS**
Charitable Activities
**3a**
Governance Costs
**3b**
**TOTAL PAYMENTS**
**NET RECEIPTS/(PAYMENTS)**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|General
Designated
Restricted
TOTAL
Funds
Funds
Funds
2020/21
£
£
£
£
39,130
-
-
39,130
**39,130**
**-**
**-**
**39,130**
1,534
-
-
1,534
982
-
-
982
**2,516**
**-**
**-**
**2,516**
**36,614**
**-**
**-**
**36,614**
-
-
-
-
**36,614**
**-**
**-**
**36,614**
Unrestricted|
|---|---|
All of the CIO's operations are classed as continuing.
The notes on pages 10 to 11 form part of these accounts.
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## **FOREVER AGILITY CIO**
## **STATEMENT OF ASSETS AND LIABILITIES AS AT 6TH APRIL 2021**
|**Notes**
**ASSETS**
**Cash Funds:**
Cash at Bank and in Hand
**6**
**Other current assets:**
Prepayments
Gift Aid Tax recoverable
**Fixed assets retained for CIO use:**
General Equipment(historical cost)
**LIABILITIES**
Accountancy and Independent Examination Fees|General
Designated
Restricted
**Total**
Funds
Funds
Funds
**06-Apr-21**
£
£
£
**£**
36,614
-
-
36,614
**36,614**
**-**
**-**
**36,614**
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
-
-
-
**-**
**-**
**-**
**-**
570
-
-
570
**570**
**-**
**-**
**570**
Unrestricted|
|---|---|
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and a Statement of Assets and Liabilities which are set out on pages 8 and 9.
13/02/22 Approved by the Trustees on ……………………………………………………………………………………………………………………………………………………………… Ryan Hennessy Signed on their behalf by Trustee ………………………………………………………………………………………………………………………………………………………… Print Name: Ryan Hennessy
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## **FOREVER AGILITY CIO**
## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 6TH APRIL 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation**
The accounts have been prepared under the Receipts and Payments basis of accounting as prescribed by the Charity Commission and they meet the appropriate legal requirements.
The Trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on the assets of the CIO.
## **2. RECEIPTS**
|Notes
**a) Voluntary Receipts**
Gifts & Donations
Transfer of funds from unregistered
11
entity
**3. PAYMENTS**
**a) Charitable Activities**
Grants to Institutions
Grants To Individuals
**Cost of Direct Charitable Activities**
Bank charges
Printing, Postage and Stationery
**Cost of Indirect Charitable Activities**
**TOTAL CHARITABLE ACTIVITIES**
**b) Governance Costs**
Independent Examiners Fees
Legal & Professional Fees|General
Designated
Restricted
TOTAL
Funds
Funds
Funds
2020/21
£
£
£
£
6,779
-
-
6,779
32,351
-
32,351
**39,130**
**-**
**-**
**39,130**
General
Designated
Restricted
TOTAL
Funds
Funds
Funds
2020/21
£
£
£
£
-
-
-
-
1,500
-
-
1,500
1,500
-
-
1,500
25
25
9
9
34
-
-
34
**1,534**
**-**
**-**
**1,534**
-
-
-
-
982
-
-
982
**982**
**-**
**-**
**982**
Unrestricted
Unrestricted|
|---|---|
10
## **FOREVER AGILITY CIO**
## **NOTES TO THE ACCOUNTS (continued) FOR THE PERIOD ENDED 6TH APRIL 2021**
## **4. RESTRICTED FUNDS**
## **THIS YEAR**
The CIO did not receive or expend any restricted funds during this financial period.
## **LAST YEAR**
The CIO came into existence on 24th August 2020 so there are no previous year comparatives.
## **5. DESIGNATED FUNDS**
## **THIS YEAR**
The CIO did not receive or expend any designated funds during this financial period.
## **LAST YEAR**
The CIO came into existence on 24th August 2020 so there are no previous year comparatives.
## **6. CASH AT BANK AND IN HAND**
|Lloyds Bank Treasurers Account
Lloyds Bank Current Account
Petty Cash|General
Designated
Restricted
**Total**
Fund
Fund
Fund
**06-Apr-21**
£
£
£
**£**
1,062
-
-
1,062
35,552
-
-
35,552
-
-
-
-
**36,614**
**-**
**-**
**36,614**
Unrestricted|
|---|---|
## **7. STAFF COSTS AND NUMBERS**
The CIO employed no staff during this financial period.
## **8. TRUSTEES AND OTHER RELATED PARTIES**
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the CIO and a trustee or any person connected with them.
## **9. RESERVES POLICY**
The reserves policies are detailed in the annual report.
## **10. PUBLIC BENEFIT**
The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.
## **11. TRANSFER OF FUNDS**
Prior to its registration as a CIO at the Charity Commission on 24th August 2020, Forever Agility operated as a voluntary organisation helping those in need within the dog agility community.
On successful charitable registration, the funds of £32,351 held in the existing bank account were agreed to be transferred to the CIO, and a new bank account was opened for the CIO. Therefore both bank accounts were running in tandem for a short time. The final balance of funds were transferred to the new CIO bank account on 12th April 2021.
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