## DISABLED LIVING
(A Company Limited By Guarantee)
Trustees Report and Consolidated Accounts For the year ended 31 March 2021
Company Number 00383902
Registered Charity Number 224742
## Disabled Living
||Contents||
|---|---|---|
|||Page|
|Legalandadministrative information||1 -2|
|Report of the trustees||3 -10|
|Report of the auditors||11 -14|
|Consolidated statement of financial activities||15|
|Consolidatedbalancesheet||16 –17|
|Charitybalancesheet||18 -19|
|Consolidated statement ofcashflows||20|
|Notes forming part of the financial statements||21 -31|
Disabled Living Legal and administrative information NAME OF THE CHARITY: Disabled Living CHIEF EXECUTIVE: Mrs D Evans TRUSTEES :- PRESIDENT: Mr K Yeung OBE, DL CHAIRMAN: Mr C D J Styger FCMA (Resigned 14/10/2020) Mrs P Brown (Appointed 14/10/2020) HONORARY TREASURER: Mrs P Brown (Resigned 14/10/2020) Mr C D J Styger FCMA (Appointed 14/10/2020) OTHER ELECTED MEMBERS: Mr P J Downs MBE Mr A Norton Mr G Owen Mrs J Gee Mr J Campbell Mrs S Jones Mr T Malgwi Mr Josh Wintersgill (Appointed 14/10/2020) REPRESENTATIVE MEMBERS: AUDITORS: Beever Struthers St George’s House 215 – 219 Chester Road Manchester M15 4JE SOLICITORS: Kennedy’s 3rd Floor Churchgate House 56 Oxford Street Manchester M1 6EU Browne Jacobson 14[th ] Floor No.1, Spinningfields 1 Hardman Square Manchester M3 3EB REGISTERED OFFICE: Burrows House 10 Priestley Road Wardley Industrial Estate Worsley Manchester M28 2LY
1
Disabled Living Legal and administrative information
BANKERS: The Co-operative Bank Plc
1 Balloon Street Manchester Lancashire M60 4EP
Royal Bank of Scotland Manchester, Mosley Street 38 Mosley Street Manchester M60 2BE
2
DISABLED LIVING For the year ended 31 March 2021
The trustees are pleased to present their annual directors’ report together with the consolidated financial statements of the charity and its subsidiary for the year ending 31[st ] March 2021 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the companies Act 2006, the Memorandum and Articles of Association, 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 & Republic of Ireland (FRS102) (effective 1 January 2015).
## STRUCTURE, GOVERNANCE AND MANAGEMENT
## LEGAL STATUS
Disabled Living is a registered charity, number 224742, which has a Memorandum and Articles of Association as its governing document. It is incorporated under the Companies Act as a company limited by guarantee, number 00383902. For the purposes of the Companies Act the elected members of the Council, being the trustees of the Charity, also act as the directors of the company.
## ELECTED MEMBERS AND METHOD OF APPOINTMENT
The members shall be the persons appointed as trustees from time to time who shall have consented in writing to become members and whose names have been entered in the register.
The serving trustees have the power to appoint any person who is able and willing to do so to be a trustee. A trustee must be a natural person aged 16 years or older. The number of trustees shall be not less than three, but shall not be subject to any maximum.
New trustees undertake an induction process in order to brief them of their obligations under charity and company law, the structure, activities and processes of the charity and to meet key employees.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The Chief executive officer has responsibility for running the organisation on behalf of the trustees and leads the executive team. The executive team provide day to day management of the charity and recommend strategy to the Trustees who meet on a quarterly basis.
## RISK MANAGEMENT - GENERAL FUND
The Trustees manage surplus cash reserves to ensure the declared Reserves Policy is achieved. Surplus cash remaining after meeting that objective will be moved to an interest bearing deposit account. Given the Charity’s historic financial position, the Trustees do not feel it prudent to invest in long term securities of a general or specific nature.
OBJECTIVES AND ACTIVITIES
## MISSION AND VISION
Central to our on-going success is commitment to our mission, vision and values and we would like to take this opportunity to reiterate them again.
3
DISABLED LIVING For the year ended 31 March 2021
Our mission is to be the leading voluntary organisation in the North West providing advice and information abou assistive technology (equipment and products) to help disabled people make more informed choice whic enables easier, safer and more independent living.
Our vision is to work for a society where disabled people, their families and carers can achieve optimum independence and self determination.
## VALUES
Through its values and activities, Disabled Living provides public benefit in the following areas:
Equality - treating all people equally, irrespective of race, religion, sex or age.
Innovation - taking an innovative approach to providing a wide variety of high quality services to meet people's needs.
Respect - treating all people, both the users of Disabled Living's services and the staff who deliver them, in respectful and friendly manner.
Accountability - accountable to users of the services, staff and Trustees. Disabled Living will report on aspects o operations and use of resources in an open and honest way.
Commitment - committed to the fair, equal and just treatment of all its staff and volunteers.
Education and Training - providing staff with the right 'tools' to do their jobs and encouraging and enabling thei personal and professional development.
In sharing our objectives for the year, the trustees have considered the Charity Commission’s guidance on publi benefit, including the guidance on public benefit and fee charging. The charity relies on the voluntary service of the trustees, and exists to support older people and those with disabilities or long term health conditions to make informed decisions in relation to equipment and services to support them to remain independent or regai their independence – ultimately improving quality of lie, not only for the individual, but also their families. This i achieved through all the services Disabled Living provides.
## ACHIEVEMENTS AND PERFORMANCE
Nobody could ever have predicted the challenges the world faced as the Pandemic struck. For Disabled Livin this equated to losing over 80% of our income overnight. The priority was to ensure the Equipz and Bladder Bowel UK helplines continued to operate as we started to work remotely. Disabled Living were in the process o implementing a five-year IT strategy, which included the upgrade of equipment and software. Last year the investment commenced with the purchase of new IT equipment, and we transferred to a cloud-based system With further investment this year in telephony, we were delighted some aspects of Disabled Living’s service could be delivered seamlessly, while our staff worked from home.
We took advantage of government initiatives, the furlough scheme, deferral of VAT payments, a CBILS loan an local authority grant. In addition, an application to the Reaching Communities Covid Resilience Fund result in a grant of £96K to support the salaries of staff delivering helpline services. With a successful application to Th Growth Company, Disabled Living received a grant to purchase video conferencing technology to enable the team to offer virtual training options. Disabled Living also submitted a claim to our insurance company for lo of income – a final decision on the outcome of this claim has not been concluded, although loss adjuster consider there is no claim.
4
DISABLED LIVING For the year ended 31 March 2021
We operated between April and July with eleven staff working remotely, while our remaining nine colleagues were furloughed. A request from Manchester City Council to deliver essential training for health and social care staff prompted the opening of Redbank House towards the end of July. In addition, the NHS Diabetic Eye Screening Service who have rooms within Redbank House were keen to re-start appointments for their patients.
With social distancing measures in place, sanitising stations, additional cleaning regimes and large stocks of PPE, over the months, staff gradually returned from furlough, working between Redbank House and home.
The Disabled Living Centre at Burrows House is our head office and where the majority of the team were based pre-covid, working alongside colleagues from Equipment Services at Salford City Council and Salford NHS Foundation Trust. To ensure there was minimal risk to their services which included the delivery of essential equipment. It was agreed with Salford Managers, the Disabled Living team would not return to Burrows House until the Covid risks were at an acceptable level. As these risks have fluctuated over the months, the team have still not returned to working at the Disabled Living Centre as we write this report in September 2021. However, we have a minimum number of staff who will work from the Centre when delivering training or undertaking equipment assessments.
The Pandemic has highlighted the flexibility of Disabled Living’s team - how they can adjust to challenges, adapt to new models of service delivery, innovate to deliver new services and to think ‘out of the box’ when it comes to income generation projects. We have an extended team in our Trustees, each of which contribute significantly, through their own expertise to support the Chief Executive and the management team to deliver first class services to our clients.
## Equipz
Providing advice and information about equipment is at the heart of Disabled Living’s charitable objectives.
As the number of Covid cases increased, it soon became apparent it was difficult for people to access many statutory sector services, especially in health and social care, resulting in a significant increase in calls to the Disabled Living helplines. There also became in influx of calls from relatives looking for practical solutions on how they could support relatives to remain independent and safe, while they were unable to visit during ‘lock down’.
The team suggested taking to social media and started a three-month campaign posting daily practical suggestions including, subscribing to a frozen meal delivery service, having a box of continence pads delivered by mail order instead of buying a packet from the supermarket, using a shampoo cap if hair washing was difficult and accessing the Newlife toy library.
At the height of the first lock down, Disabled Living occupational therapy services were called upon to support an emergency situation. A care home required urgent assessments for all residents to enable them to be moved to a new facility as staff levels reduced to unacceptable levels.
Throughout the year, there have been times when we have restricted non urgent in- person assessments, however we continued to offer virtual assessments. Our work with Salford Local Authority to support their team to assess blue badge applications continues, as they receive increasing numbers of people applying now the criteria has changed to include people with a wider range of disabilities and additional needs. As the year ended, the team are expecting a busy time ahead as waiting list for occupational therapy and equipment assessments continue to increase.
## Bladder & Bowel UK
Bladder & Bowel UK (BBUK) is the only charitable service supporting adults and children with bladder and bowel problems and the professionals who work with them.
Services for BBUK were in demand from the outset of the year.
5
DISABLED LIVING For the year ended 31 March 2021
Report of the Trustees
The team were already working on several projects, providing clinical consultancy services for the development of new products. One partnership was with LUCID, a company who specialise in intelligent connected medical device design. This partnership saw the development of an interactive App for children who have Enuresis and an App for people with Dementia to delay incontinence. As with many projects, what you start off to achieve often opens avenues for diversification and these two projects are no exception. Further funding is currently being sought to develop the prototypes to financially viable commercial products.
Providing training throughout the UK to develop the skills of Specialist Nurses has been at the forefront of BBUK’s service provision. Although the team could not deliver the two scheduled Continence Symposiums which in precovid times were attended by professionals from throughout the UK, Covid, did not stop the progression of training sessions on alternative platforms. Many virtual training sessions were delivered to support colleagues continuing professional development.
Lockdown for many people has been tough, especially for those with disabled children. However, an initiative between BBUK and the Down Syndrome Association did have a positive impact for many children and their families. The ‘boot camp’ toilet training programme was established, comprising four one-hour zoom sessions providing clinical and peer support for twelve parents. Evaluation from the initial session resulted in a high success rate, with the participants’ children becoming fully toilet trained – a skill which many of the parents were told was unachievable. These boot camps continue.
The teams’ expertise continued to be called upon internationally, with a presentation at a medical conference in Rio de Janeiro.
A joint project between the charity ERIC and BBUK, ‘Help at School – a partnership approach to providing guidance and practical support’ was awarded The Nursing Times Award in the Continence Promotion and Care Category.
Last year the team launched Talk about……., a free digital newsletter for people with bladder and bowel problems. The first edition was emailed to 250 people on our database who had signed up to receive the quarterly publication. Each edition gathered momentum in terms of subscribers. As this year draws to a close, we emailed issue four of Talk about…. to 4,500 people. We think we can call this a definite success!
Training
Disabled Living is recognised nationally for their accredited training programme.
As we went into lockdown, face to face training stopped immediately and the team took full advantage of the time available to review and update the portfolio of existing training courses.
Manchester City Council (MCC) were keen to commence training for their health and social care staff as soon as restrictions were lifted. Redbank House was opened to accommodate this contract. As the teams were working to strict social distancing guidelines course numbers were capped at six, with multiple cohorts being delivered in tandem.
Manchester City Council requested the development of a course to support Occupational Therapists to access for major adaptations, relating to Disabled Facilities Grants. The pilot course delivered virtually focused on the integration of assessments to the MCC policies and procedures, with an emphasis on understanding the functional impact medical conditions can have on people’s lives. It is anticipated this course can be delivered virtually and bespoke to individual local authority guidelines.
6
DISABLED LIVING For the year ended 31 March 2021
## Report of the Trustees
Over the last two years, Disabled Living has been supporting relative carers by providing moving and handling workshops to reduce the risk of harm to themselves through inappropriate techniques when moving and handling their loved ones. Most of this client group were classed as vulnerable and therefore were self-isolating, many still continuing to shield. Throughout the year, the team have delivered several virtual training sessions to carers, and it is our intention to increase the number of courses we have available to they are accessible for people throughout the UK. A grant from the Growth Company enabled Disabled Living to purchase video conferencing technology which has significantly improved the quality of what the team can deliver.
There will be an increase in demand for training as local authorities consider how to ‘do things differently’, to provide the most cost-effective services.
## Kidz to Adultz Exhibitions
The Kidz to Adultz Exhibitions are collectively the largest FREE UK events totally dedicated to children and young adults up to 25 years with disabilities and additional needs, their parents, carers and the professionals who support them.
The Kidz to Adultz exhibitions generate fifty percent of Disabled Living’s income. As a team, and with Trustees we often discussed the financial risk if one exhibition could not take place. As the events are based in different venues around the UK, we considered the ‘risk’ would be around the venue not being available due to unforeseen circumstances. There had never been a conversation about the inability to deliver all five events in one year. However, this year has been that year!
As we went into lock down, it soon became apparent Kidz to Adultz South, Kidz to Adultz Wales and West and Kidz to Adultz Scotland which were scheduled for May, July and September, would not take place.
The team immediately considered the options available, to ensure parents and professionals had the opportunity to engage with companies and service providers. Kidz to Adultz Exhibitions Live was developed, not as an income generation idea, but to ensure our brand remained in the spotlight and we could support our commercial colleagues, many of whom would also be going through challenging times. Companies had the option to showcase videos of their equipment and products via this service. The importance of social media and having an online presence has certainly been highlighted during the Pandemic.
As the Pandemic showed no sign of remission the decision was made to cancel Kidz to Adultz North in November 2020 and Kidz to Adultz Middle in March 2021. Following the success of Kidz to Adultz Exhibitions Live, the team considered it essential to ensure the services they provide remain in the public arena, despite not having a physical exhibition. It became very clear from our visitors and exhibitors alike that online events were vital during the unprecedented times.
Venue to Virtual – Kidz to Adultz Exhibitions was the new concept. The first virtual event was delivered in November over five days, streaming videos from YouTube showcasing products and services, combined with an interactive chat facility. The event attracted 2805 participants from 32 countries, 40 exhibitors and 15,330 page views. It was an overwhelming success which, was developed further to deliver an event in March. The virtual events generated much needed income.
The Kidz to Adultz magazine continued to be distributed throughout the year as an e: magazine.
As a result of Covid, the owners of EventCity our venue for the Kidz to Adultz North event for many years, took the decision not to relocate and develop a new site in Manchester. Once again, we had to find a new venue which would become the home to the Kidz to Adultz North Exhibition – that venue will be ACC Liverpool, and we hope to deliver the first event since the onset of Covid in November 2021.
7
DISABLED LIVING For the year ended 31 March 2021
Report of the Trustees
## Redbank
Redbank House is a well-established training and meeting venue. The proximity to Manchester City Centre provides excellent accommodation for companies and organisations to bringing people together from all over the UK.
We opened Redbank House in July, following the lifting of government restrictions to provide a venue for essential training for health and social care staff. The NHS Diabetic Eye Screening Service and The Shaw Centre returned in August and operated with reduced numbers to adhere to social distancing guidelines.
At this time, the majority of our regular sensory room clients were shielding as they were classed as vulnerable adults. However, we opened the rooms in August for the use of children with reduced and alternate sessions to ensure social distancing. We fully expected our adult clients to return by the end of the year. However, the reality is, as we write this report the vast majority of carers consider the risk is still too great.
A contract from Manchester City Council saw the sensory rooms in full use over the 2021 Easter holidays and this arrangement will continue throughout the 2021/22 school holidays.
Despite reduced numbers coming through the doors of Redbank House, it has remained a hive of activity, as this has been the office environment for the Disabled Living team. With multiple office spaces compared to an open place office at Burrows House it has made social distancing easier. This approach combined with home working has reduced the risk to the business.
## The Year Ahead
There is no doubt the Pandemic has brought many challenges; however, it has also highlighted opportunities. We have an innovative team with a flexible approach, who are open to change.
‘Zoom and Team’s’ became the new buzz words for 2020. Disabled Living will fully embrace the opportunities this brings to the business to make it more productive and cost effective.
The priorities for the year ahead have not changed since last year, as there wasn’t the opportunity to develop many of the projects or services in the Covid year. The only element which may change, is how the service are delivered.
## Our Priorities for 2021/22
• Identify and develop additional income generation opportunities that are not ‘physically’ linked to existing services to ensure reduce risk to the charity overall
- To develop further, any new business development ideas that have been tested and evaluated
- To develop digital and remote options to complement our existing services.
- To be totally open to any partnerships, that offer diversity without straying from the charity’s core services
• To continue to develop the RROTA project, by securing funding, which had it been at the stage of commercialisation during the Pandemic would have offered a platform within health and social care services to continue to offer assessments in people in their home environment.
- To consider the wider opportunities for the RROTA platform which have been identified during development.
- To consider options to enhance the work/life balance for all our team and options wo work remotely.
## RESERVES POLICY
The aims of Disabled Livings reserves policy is to ensure the ongoing future activities of the charity are reasonably protected. The board have agreed that a minimum level of reserves should be three months expenditure. Free reserves are calculated currently at £319,608, which takes into account the unrestricted reserves less fixed assets. Current reserves are higher than three month’s expenditure, which is calculated at £204,0877, but this is currently considered reasonable given the on-going Coronavirus pandemic and this will support the charity as we develop plans to continue to adapt our services moving forward.
8
DISABLED LIVING For the year ended 31 March 2021
Report of the Trustees
FINANCIAL REVIEW
RESULTS FOR THE YEAR
Against of background of a pandemic, with many organisations struggling to survive, and the difficult conditions businesses face due to the Brexit fall out, the last report we prepare for Disabled Living was always going to be a little bit different!
Firstly, let us report on the last 12 months finances. The business interruption loan was finally approved and received. Disabled Living took advantage of the furlough scheme, VAT deferral and received a local authority grant. Along with careful cost control, maximising income wherever possible and diligent cash management throughout the year meant all staff were retained. This in itself is testament to the skills of the management team.
Services to our clients was obviously affected. The Kidz to Adultz exhibitions, always major events and substantial income generators for Disabled Living were cancelled and the Sensurround rooms at Redbank House were closed. Income for room hire at Redbank suffered, although some hires were achieved to NHS Diabetic Eye Screening Service. Manchester City Council also booked several training courses. However probably the most significant achievement was the continuation of the Bladder & Bowel UK helpline, achieved through the sterling efforts and flexibility of the team.
Turnover, including grants and furlough scheme (£214k), was £586.2k, compared to an amended budget of £369k. Salaries were £28k below budget and overheads in line with expectations. The net deficit was £230.2k, £260.8k below the budgeted deficit.
Income can be analysed as follows:
Kidz Events 8%
Training 16%
Bladder & Bowel UK 13%
Redbank House 10%
Legacies 7%
Fundraising/ Donations/ Grants 33%
Management 13%
While a deficit result is never good news, the cash reserves built up over the years and the receipt of the business loan has ensured Disabled Living can look forward to a stable future post Covid 19.
9
DISABLED LIVING For the year ended 31 March 2021
Report of the Trustees
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of Disabled Living for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and its subsidiary and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
In so far as the trustees are aware:
- '
- - there is no relevant audit information of which the charitable company s auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevan audit information and to establish that the auditors are aware of that information.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
## APPROVAL
This report was approved by the board of directors and trustees on 13th October 2021 and signed on its behalf.
Mrs D Evans Chief Executive
10
Disabled Living Independent Auditor's Report to the Members and Trustees of Disabled Living
## Opinion
We have audited the group and the parent charity group financial statements of Disabled Living (the ‘charity’) for the year ended 31 March 2021 which comprise the consolidated statement of financial activities, the consolidated and charity statement of financial position, the consolidated and charity statement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
## In our opinion, the financial statements:
•give a true and fair view of the state of the group’s and of the charitable company’s affairs as at 31 March 2021 and of the group’s incoming resources and application of resources profit] for the year then ended;
•have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and
•have been prepared in accordance with the requirements of the Companies Act 2006.
## Basis for opinion
We conducted our audit in accordance with International Standards on auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relation to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees (who are also the directors of the group and parent charitable company for the purposes of company law) are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
11
Disabled Living
Independent Auditor's Report to the Members and Trustees of Disabled Living
We have nothing to report in this regard.
Opinion on other matter prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit:
•the information given in the trustees’ report, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
•the trustees’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:
•adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or
•the parent charitable company financial statements are not in agreement with the accounting records and returns; or
•certain disclosures of trustees’ remuneration specified by law are not made; or
•we have not received all the information and explanations we require for our audit.
•the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the trustees’ report.
Responsibilities of trustees
As explained more fully in the Trustees’ Responsibilities Statement set out on page 10, the trustees (who are also the directors of the group and parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
12
Disabled Living
Independent Auditor's Report to the Members and Trustees of Disabled Living
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:
The extent to which the audit was considered capable of detecting irregularities including fraud
We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identifying and addressing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, our procedures included the following:
•We obtained an understanding of laws, regulations and guidance that affect the Charitable Company, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. Key laws, regulations and guidance that we identified included the Companies Act 2006, tax legislation, health and safety legislation, and employment legislation.
•We enquired of the Trustees and reviewed correspondence and Trustee meeting minutes for evidence of noncompliance with relevant laws and regulations. We also reviewed controls the Trustees have in place, where necessary, to ensure compliance.
•We gained an understanding of the controls that the Trustees have in place to prevent and detect fraud. We enquired of the Trustees about any incidences of fraud that had taken place during the accounting period. •The risk of fraud and non-compliance with laws and regulations was discussed within the audit team and tests were planned and performed to address these risks.
•We reviewed financial statements disclosures and supporting documentation to assess compliance with relevant laws and regulations discussed above.
•We enquired of the Trustees about actual and potential litigation and claims.
•We performed analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.
•In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
13
Disabled Living
Independent Auditor's Report to the Members and Trustees of Disabled Living
Use of our report
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body for our audit work, for this report, or for the opinions we have formed.
Sue Hutchinson FCCA Senior Statutory Auditor
For and on behalf of BEEVER AND STRUTHERS Statutory Auditor St George’s House 215/219 Chester Road Manchester M15 4JE
Date: 8 December 2021
14
## Disabled Living
Consolidated Statement of Financial Activities (Incorporating a Consolidated Income and Expenditure Account) For the year ended 31 March 2021
|Incomeandendowments
Notes
Incomeandendowments
generated funds:
Donationsandlegacies:
Donationsandgifts
from
4
Legacies
Annual appeal
Grants
Other trading activities:
5
Commercial trading operations
Rental income
Investment incomeandinterest
6
Charitable activities:
Servicestopeoplewith
7
disabilities
Totalincome andendowments
Expenditure
Costofgenerating funds:
Raising funds
8
Charitable activities
8
Governance costs
8
Total expenditure
Net income/(expenditure)
movement infunds
and
net
Other recognised gains/(losses)
Movement onrevaluation of
investments
Net movementin funds before transfer
Net movement in funds
Reconciliation of funds
Fundbalances brought forward
Fundbalances carried forward18|Unrestricted
Funds
Restricted
Funds
Total
2021
Total
2020
£
£
£
£
12,669
-
12,669
7,570
39,322
-
39,322
121,422
10,689
-
10,689
8,786
27,108
161,572
188,680
-
165,778 - 165,778806,971
21,365 - 21,36522,568
- - -1,156
115,211 32,447 147,658298,903
392,142
194,019
586,161
1,267,376
25,281
-
25,281
25,439
607,423
194,019
801,442
1,134,173
(10,376)
-
(10,376)
90,540
622,328
194,019
816,347
1,250,152
(230,186)
-
(230,186)
17,224
- - -
-
- - - -
(230,186) - (230,186)17,224
1,759,925 - 1,759,9251,742,701
1,529,739 - 1,529,7391,759,925|
|---|---|
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included in the above. The notes on pages 21 to 31 form part of these accounts.
15
## Disabled Living
## Consolidated Balance Sheet
## as at 31 March 2021
2021 2020 Notes £ £ FIXED ASSETS Investments 11 - - Tangible assets 12 1,210,131 1,272,057 1,210,131 1,272,057 CURRENT ASSETS Debtors 13 129,992 242,562 Short term investments 155 154 Cash at bank and in hand 557,682 500,167 687,829 742,883 CREDITORS: Amounts falling due within one year 14 (184,888) (255,015) NET CURRENT ASSETS/(LIABILITIES) 502,941 487,868 TOTAL ASSETS LESS CURRENT LIABILITIES 1,713,072 1,759,925 CREDITORS: Amounts falling due after one year 15 (183,333) - NET ASSETS 1,529,739 1,759,925 Income funds Restricted funds 17 - - Unrestricted funds: Revaluation reserve 554,773 567,675 Other charitable funds 18 974,966 1,192,250 1,529,739 1,759,925
The notes on pages 21 to 31 form part of these accounts.
16
These financial statements have been audited under the requirements of Section 144 of the Charities Act 2011.
The financial statements have been prepared in accordance with the Companies Act 2006 and with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102)
The financial statements were approved by the Board of Trustees on 13th October 2021 and were signed on its behalf by:
…………………….
K Yeung OBE, DL, President
…………………….
C D J Styger FCMA, Honorary Treasurer
…………………….
P Brown, Chairman
17
## Disabled Living
## Charity Balance Sheet as at 31 March 2021
|Notes
FIXEDASSETS
Investments11
Tangible assets 12
CURRENT ASSETS
Debtors13
Short term investments
Cash at bank and in hand
CREDITORS: Amounts Falling due within one year 14
NET CURRENT ASSETS/(LIABILITIES)
TOTAL ASSETS LESSCURRENT LIABILITIES
NETASSETS
Income funds
Restricted funds
17
Unrestricted funds:
Revaluation reserve
Other charitable funds
18|2021
£
100
1,210,131
1,210,231
51,897
155
433,907
485,959
(59,513)
426,446
1,636,677
1,636,677
-
554,773
1,081,904
1,636,677|2020
£
100
1,272,057
1,272,157
260,404
154
88,010
348,568
(70,367)
278,201
1,550,358|
|---|---|---|
|||1,550,358|
|||-
567,675
982,683
1,550,358|
The notes on pages 21 to 31 form part of these accounts.
18
These financial statements have been audited under the requirements of Section 144 of the Charities Act 2011.
The financial statements have been prepared in accordance with the Companies Act 2006 and with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS 102)
The financial statements were approved by the Board of Trustees on 13th October 2021 and were signed on its behalf by:
…………………………………………. K Yeung OBE, DL, President
………………………………………….
C D J Styger FCMA, Honorary Treasurer
………………………………………… P Brown, Chairman
19
## Disabled Living
## Statement of Cash Flows and Consolidated Statement of Cash Flows
## For the year ending 31 March 2021
|Notes
Cash usedinoperating activities
23
Cashflowsfrom investing activities
Interest Income
Purchaseoftangible fixed assets
Cashprovidedby(used in)investing activities
Cashflowsfrom financing activities
Repayment ofborrowing
Cash usedinfinancing activities
Increase (decrease) in cashandcash
equivalents intheyear
Cashandcash equivalentsat thebeginning of
theyear.
Totalcash and cashequivalents at theendof
the year|Group Group Charity Charity
2021 2020 20212020
£ £ £ £|
|---|---|
||63,033 165,818 351,415111,283|
||- 1,156 - -
(5,672) (47,351) (5,672) (47,351)
(5,672) (46,195) (5,672) (47,351)
- - - -
- - - -|
||57,361 119,623 345,743 63,932
500,321 380,698 88,16424,232
557,682 500,321 433,90788,164|
The notes on pages 21 to 31 form part of these accounts.
20
## Disabled Living
## Notes to the accounts
## for the year ended 31 March 2021
## 1 ACCOUNTING POLICIES
- 1.1 Basis of preparation of accounts
The financial statements have been prepared in accordance with 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 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Disabled Living meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) and with the exception of investments which are included at market value.
- 1.2 Going concern
The accounts have been drawn up on a going concern basis. In common with many fund-raising charities, the adoption of the going concern basis is dependent on the company receiving adequate fundraising from voluntary income such as donations and legacies. While the Trustees recognise the uncertainties inherent in predicting the timing and level of future funding from voluntary income that is not yet assured, they believe that adequate funding will be secured from donations and legacies. Credit facilities remain in place and we continue to receive the full support of the bank. The Trustees believe it is appropriate to prepare the accounts of the company on a going concern basis. The accounts do not include any adjustments that would result if the going concern basis was not appropriate.
- 1.3 Basis of consolidation
The consolidated accounts incorporate the results of Disabled Living ('the charity') and its subsidiary undertaking on a line by line basis. The consolidated entity is referred to as 'the Group'. No separate company Statement of Financial Activities (SOFA) has been prepared for the Charity as permitted by section 408 of the Companies Act 2006 and paragraph 397 of the SORP.
- 1.4 Income and endowments
Donations and gifts
## Legacies
Legacies are recognised in the period in which the charity becomes legally entitled to the income, notification has been received and the amount can be quantified with reasonable accuracy. It is categorised as unrestricted or restricted funds dependent upon whether expenditure restrictions by donors are placed on such receipts. Donated investments are introduced at the market value at the date of receipt.
Direct giving, fundraising and appeals
Cash donations are recognised as they are received.
## Grants
Grants are recognised when there is evidence of entitlement, the receipt is probable and the amount can be measured reliably.
## Other trading activities
Rental Income
Rental income is recognised when receivable.
Investment income
Investment income is recognised on a cash received basis with any taxation recoverable thereon recognised on a receivable basis.
21
## Disabled Living
## Notes to the accounts
for the year ended 31 March 2021
Room hire
Room hire income is recognised in the period when the hire occurs.
## Charitable activities
Events and training
Income relating to the events and training services is recognised in the period to which the event or training service occurs, this policy results in accrued and deferred income.
These policies result in deferred and accrued income which is stated net of value added tax.
- 1.5 Pension Costs
- The company operates a defined contributions scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
- 1.6 Tangible fixed assets - depreciation and grants Depreciation is provided on all tangible fixed assets for Charity use, other than freehold land, at rates
- calculated to write off the cost or valuation of each asset evenly over its expected useful life as follows:
Freehold buildings - 50 years
Fixtures, fittings and equipment - 5, 10 and 25 years
- 1.7 Investments Endowment investments are shown at market value at the balance sheet date. Investments in subsidiaries are stated at cost.
The SOFA includes unrealised gains and losses from the revaluation of investments.
- 1.8 Creditors and Provisions
- Creditor’s and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
## 1.9 Taxation
- The charity is exempt from corporation tax on its charitable activities under Section 505 of the Income and Corporation Taxes Act 1988 to the extent that they are applied to the organisation's charitable objects. The trading subsidiary does not generally pay UK corporation tax because their policy is to pay taxable profits as Gift Aid to the Charity.
## 1.10 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
22
## Disabled Living
## Notes to the Accounts
for the year ended 31 March 2021
- 1.11 Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Charitable activities
## Raising funds
These include salaries and directly attributable overheads, plus a proportion of central support costs.
## Charitable activities
These include salaries and direct costs associated with generating income for the group, also items such as depreciation and property repairs.
Governance costs
These are the central running costs of the Charity, including strategic oversight and public accountability.
- 1.12 Financial instruments
The group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## 2 FINANCIAL PERFORMANCE OF THE CHARITY
The consolidated statement of financial activities includes the results of the charity's wholly owned subsidiary, Disabled Living (Training and Exhibitions) Limited.
The summary financial performance of the charity alone is:
|Incomeandendowments
Gift aid from subsidiary company
Expenditureoncharitable activities
Governance costs
Net income/(expenditure)
Total funds brought forward
Total fundscarried forward
Represented by:
Restricted funds
Unrestricted funds|2021
Total
£
420,383
230,210
650,593
(554,000)
(10,274)
86,319
1,550,358
1,636,677
-
1,636,677
1,636,677|2020
Total
£
459,264
-
459,264
(582,039)
(69,252)
(192,027)
1,742,385
1,550,358|
|---|---|---|
|||-
1,550,358
1,550,358|
23
## Disabled Living
## Notes to the Accounts
for the year ended 31 March 2021
## 3 INCOMING RESOURCES FROM ACTIVITIES GENERATING FUNDS
The wholly owned trading subsidiary Disabled Living (Trainings and Exhibitions) Limited is incorporated in the United Kingdom (company number: 07079318) and pays the majority of its profits to the charity by gift aid.
The charity owns the entire share capital of 100 ordinary shares of £1 each. A summary of the trading results is shown below. The subsidiary provides training courses and holds exhibitions.
The summary financial performance of the subsidiary alone is:
|Turnover
Costofsalesandadministration costs
Interest receivable
Corporation taxcharge
Netprofit
Amountgift aidedto thecharity
Retained insubsidiary
The assetsandliabilitiesof thesubsidiarywere:
Current assets
Currentandlong term liabilities
Totalnetassets
Aggregate share capitalandreserves|2021
Total
£
165,778
(273,361)
-
21,288
(86,295)
(230,210)
(316,505)
215,713
(322,880)
(107,167)
(107,167)|2020
Total
£
806,971
(577,573)
1,142
(21,288)
209,252
-|
|---|---|---|
|||209,252|
|||1,041,404
(831,736)
209,668|
|||209,668|
The charity’s wholly owned subsidiary, Disabled Living (Training and Exhibitions) Limited commenced trading on 1 April 2010
24
## Disabled Living
## Notes to the Accounts
for the year ended 31 March 2021
## 4 DONATIONS AND LEGACIES
|DONATIONSANDLEGACIES||
|---|---|
|Giftsanddonations
Legacies
Annual appeal
Grants|Unrestricted
Funds
Restricted
Funds
Total
2021
Total
2020
£
£
£
£
12,669
-
12,669
7,570
39,322
-
39,322
121,422
10,689
-
10,689
8,786
27,108
161.572
188.680
-|
||89,788
161.572
251,360
137,778|
## 5 OTHER TRADING ACTIVITIES
|Commercial trading
operation
Rental Income
INVESTMENT INCOME
Deposit interest
Investment income from
Quoted investments
HARITABLE ACTIVITIES
Disabled Living Centre|Unrestricted
Funds
£
165,778
21,365|
Restricted
Funds
Total
2021
Total
2020
£
£
£
-
165,778
806,971
- 21,365 22,568
- 187,143829,539|
Restricted
Funds
Total
2021
Total
2020
£
£
£
-
165,778
806,971
- 21,365 22,568
- 187,143829,539|
|---|---|---|---|
||187,143|- 187,143||
||Unrestricted
Funds
£
-
-
|
Endowment
Funds
Total
2021
£
£
-
-
-
-
|Total
2020
£
1,156
-
1,156|
||-|- -||
||Unrestricted
Funds
£
115,211|
Restricted
Funds
Total
2021
£
£
32,447 147,658|Total
2020
£
298,903
298,903|
||115,211|32,447
147,658||
## 6 INVESTMENT INCOME
## 7 CHARITABLE ACTIVITIES
25
## Disabled Living
## Notes to the Accounts
for the year ended 31 March 2021
|8
EXPENSETYPE
Allocation
Raising
Funds
£
Salaries&associated cost
Utilities&other building
Percentage
&Direct
Percentage
17,537
5,485
costs
Phone &Fax
Percentage
341
Post&Stationery
Percentage
605
Sundry
Direct
Travel
Direct
Volunteer&appeal costs
Direct
1,313
Income generating
activities
Audit Fees
Direct
Direct
Bankchargesandinterest
Direct
Legal&Professional
Direct
Advertising
Direct
Repairs
Direct
Depreciation
Direct
Corporation tax
Direct
25,281
The allocation for overheadsandutilities isas follows:
Raising funds
Charitable activities
Governance
9%
88%
3%|Raising
Funds
£
17,537
5,485
341
605
1,313
|Charitable
Activities
Governance
Costs
2021
2020
£
£
£
£
558,275
53,624
8,769
1,828
584,581
60,937
653,556
43,971
3,335
114
3,790
3,309
5,912
201
6,718
7,696
2,811
2,811
898
3,140
3,140
12,913
1,313
884
63,235
13,900
63,235
13,900
374,741
10,000
1,762
1,762
2,597
18,590
18,590
31,525
-
-
94
9,380
9,380
16,274
67,478
67,478
70,406
- (21,288) (21,288) 21,288|
|---|---|---|
||||
||25,281|801,442(10,376)816,3471,250,152|
||||
Service department Salaries and PAYE are made up of their own direct costs, as well as the following allocation of management and administration salaries:
||Management and|
|---|---|
||administration salaries|
|Raising funds|3.00%|
|Charitable activities|95.50%|
|Governance|1.50%|
- 9 SURPLUS FOR THE YEAR The surplus/(deficit) of income over expenditure is stated after charging:
|Depreciationoftangible fixed assets
-owned bycharity
Audit fees
Nonaudit services|2021
£
67,597
12,900
3,500
2020
£
70,406
10,000
2,500|
|---|---|
26
## Disabled Living
## Notes to the Accounts
## for the year ended 31 March 2021
## 10 STAFF COSTS
No remuneration was paid to trustees in the year, nor were any expenses reimbursed to them. The costs of the remaining staff were:
|Wagesandsalaries
Social security costs
Other pension costs|2021
2020
£
£
518,188
582,611
50,622
54,332
15,771 16,613
584,581653,556|
|---|---|
The average weekly number of staff employed, calculated as full time equivalents during the year were as follows:-
|Fundraising
Administration
Disabled Living centre|2021
No.
2020
No.
- -
12 13
6 9
18 22|
|---|---|
No employee received remuneration of more than £60,000 (2020: Nil)
The number of employees to whom retirement benefits were accruing was sixteen (2020: 17) The key management personnel of the group comprise those of the charity, being the trustees, the chief executive officer and managers. The total employee benefits of the key management personnel of the group were £220,179 (2020: £237,619).
Statutory redundancy payments were made in the year totalling £745 (2020: £Nil)
11 FIXED ASSET INVESTMENTS
|IXEDASSET INVESTMENTS|||||
|---|---|---|---|---|
||Group|Group|Charity|Charity|
||2021|2020|2021|2020|
||£|£|£|£|
|Shares in Group undertakings|||||
|Market valueat31March2019|-|-|100|100|
||-|-|100|100|
## Subsidiary
The charitable company’s investment at the balance sheet date in the share capital of limited companies included the following:
Disabled Living (Training and Exhibitions) Limited 100% Holding
||2021|2020|
|---|---|---|
||£|£|
|Aggregate capitalandreserves|-107,167|209,668|
|Profit/(Loss) fortheyear before tax|-|-|
> Disabled Living (Training and Exhibitions) Limited has 100 shares with a nominal value of £1 each.
27
## Disabled Living
## Notes to the Accounts
for the year ended 31 March 2021
|12TANGIBLE FIXEDASSETS
GroupandCharity
COST
At1April2020
Additions
At 31March2021
DEPRECIATION
At1April2020
Charge for year
At 31March2021
NET BOOKVALUE
At 31March 2021
At 31March2020|Freehold
landand
buildings
Fixtures,
fittings,and
equipment
Total
£ ££
880,000 928,8071,808,807
- 5,672 5,672
880,000934,4791,814,479|
|---|---|
||91,200 445,550536,750
15,200 52,397 67,597
106,400
497,947
604,347|
||773,600
436,531
1,210,131|
||788,800
483,257
1,272,057|
On transition to FRS 102, the Trustees elected to adopt the fair value of the freehold land and buildings as deemed cost. The freehold land and buildings have been accounted for on a historic cost basis since this date.
28
## DISABLED LIVING
## Notes to the Accounts
for the year ended 31 March 2021
|13
Debtors
Trade debtors
Prepaymentsandaccrued income
Amount duefrom subsidiary undertaking
Other taxesandsocial security costs
14Creditors –amounts falling
Due withinoneyear
Trade creditors
Other creditors, accrualsanddeferred
income
Loans
Other taxesandsocial security costs
15Creditors –amounts falling
Dueafteroneyear
Loans|Group
2021
Group
2020
Charity
2021
Charity
2020
£
£
£
£
61,455
144,329
20,199
53,533
68,537
98,233
16,982
26,231
-
-
-
-
14,716
-
180,640
-|
|---|---|
||129,992
242,562
51,897
260,404|
||Group
2021
Group
2020
Charity
2021
Charity
2020
£
£
£
£
19,976
36,535
8,304
22,268
88,832
16,667
167,217
-
24,959
-
46,489
-
59,413
51,263
26,250
1,610|
||184,888
255,015
59,513
70,367|
||Group
2021
Group
2020
Charity
2021
Charity
2020
£
£
£
£
183,333
-
-
-|
||183,333
-
-
-|
The above loan was taken out in October 2020 in relation to the Coronavirus Business Interruption Scheme and is repayable in monthly instalments starting in November 2021. For the first 12 months from the date on which the loan is drawn the annual interest rate is in effect 0%. After this period the loan is subject to interest rates at 2.81% over the base rate.
## 16 DEFERRED INCOME
Deferred income comprises advanced sales for training events which are held post year end or office rent invoiced in advance.
|Balance asat1April2020
Amountreleasedtoincome earned from charitable activities
Amountdeferred in year
Balance asat31March2021|Group
£
Charity
£
126,825
126,825
(126,825)
(126,825)
61,286 767|
|---|---|
||61,286767|
29
## DISABLED LIVING
## Notes to the Accounts
for the year ended 31 March 2021
- 17 RESTRICTED FUNDS
|RESTRICTED FUNDS||
|---|---|
|At1April2020
Incoming resources
Resources expended
At31March2021|Business
National
Innovate
Total
Total
Growth
Hub
Lottery
Project
Ferring
2021
2020
£
£
£
£
£
£
-
-
-
-
-
4,400
2,965
95,696
61,691
33,667
194,019
-
(2,965)
(95,696)
(61,691)
(33,667)
(194,019)
(4,400)|
||-
-
-
-
-
-|
BusinessGrowthHub – grant funding to purchase video conference technology
NationalLottery – grant funding to support salaries of helpline staff
Innovate – BBUK product development
Ferring – National Paediatric Project
- 18 UNRESTRICTED FUNDS – OTHER CHARITABL FUNDS
|UNRESTRICTED FUNDS –OTHER CHARITABLE
FUNDS||
|---|---|
||General|
||funds2021 2020|
||£ £ £|
|At1April|1,192,250 1,192,2501,157,725|
|Netincoming resources fortheyear|(230,186) (230,186)21,624|
|Transfer from revaluation reserves|12,902 12,90212,901|
|At31March|974,966 974,966 1,192,250|
|19
ANALYSIS OF NETASSETS
Tangible fixed assets
Investments
Current assets
Currentandlong term liabilities
Net assets at 31March|Restricted
funds
Endowment Unrestricted Total funds
fundsfunds
2020
£
£ £ £
£
- - 1,210,131 1,210,1311,272,057
- - - - -
- - 687,829 687,829742,883
- - (368,221) (368,221) (255,015)|
|---|---|
||- - 1,529,7391,529,739 1,759,925|
20 COMPANY LIMITED BY GUARANTEE
The charity is incorporated by a company limited by guarantee and members’ liability is limited to £1 each which has not been called up at 31 March 2021.
30
## DISABLED LIVING
## Notes to the Accounts
for the year ended 31 March 2021
- 21 RELATED PARTY TRANSACTIONS
Fees amounting to £12,475 (2020: £19,250) were paid to Dean Styger, the Chairman, during the year for professional financial services provided.
## 22 OPERATING LEASES
At 31 March 2021, the charity had total commitments under non-cancellable operating leases over the remaining life of those leases of £0 (2020: £Nil).
## 23 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
|Netmovements in funds
Add backdepreciation charge
Add/deductinterest income shown in investing activities
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Netcash usedinoperating activities|Group
2021
Group
2020
Charity
2021
Charity
2020
£
£
£
£
(230,186)
17,224
86,319
(192,027)
67,597
70,406
67,597
70,406
-
(1,156)
-
-
112,416
(77,244)
208,353
210,500
113,206 156,588 (10,854) 22,404
63,033
165,818
351,415
111,283|
|---|---|
31
## **Certificate of Completion**
Document Title: DL March 2021 Stat Accounts 08.10.2021.pdf Reference ID: BMJE6T
Digital Signature ID: 610A2A3634027C560ED23314CF8E73423262FAD3 Document Pages: 34 (Including certificate)
|**Security Events**|**Status**|**Timestamp (UTC)**|**I.P. Address**|
|---|---|---|---|
|Auditor Account Authentication|Complete|2021-10-12 16:29|82.71.231.237|
|Hashed/Encrypted Document|Complete|2021-10-12 14:55|82.71.231.237|
|Signer Account Authentication|Complete|2021-10-12 22:00|82.42.7.235|
|Hashed/Encrypted Signature|Complete|2021-10-12 22:11|82.42.7.235|
|Signer Account Authentication|Complete|2021-10-13 08:05|2a00:23c6:2d85:d|
|Hashed/Encrypted Signature|Complete|2021-10-13 08:08|2a00:23c6:2d85:d|
|Signer Account Authentication|Complete|2021-10-13 08:26|81.149.120.237|
|Hashed/Encrypted Signature|Complete|2021-10-13 08:36|81.149.120.237|
|**User Audit Trail**|**User**|**Timestamp (UTC)**|**I.P. Address**|
|Request Created|nici.boardman@beeverstruthers.co.uk|2021-10-12 14:55|82.71.231.237|
|Document Signed|paula-jane16@hotmail.com|2021-10-12 22:11|82.42.7.235|
|Document Signed|gerryyeung@hotmail.co.uk|2021-10-13 08:08|2a00:23c6:2d85:d|
|Document Signed|debra.evans@disabledliving.co.uk|2021-10-13 08:36|81.149.120.237|