| Wakefield and District Health Community Support Ltd |
and | |||||||
|---|---|---|---|---|---|---|---|---|
| Reference and Administrative | Details | |||||||
| for the Year Ended 31 July 2020 | ||||||||
| TRUSTEES | D Wnght OBEJP | (resigned | 11.3.20) | |||||
| M Sykes (resigned | 27.2.20) | |||||||
| M Whittaker | ||||||||
| S D Storr(resigned | 222L20) | |||||||
| KJ Murray (resigned | 24.9.19) | |||||||
| E Stnttt | ||||||||
| T Hawkes (appointed |
27.11.19) | |||||||
| S KRussell (appointed | 27.11.19) | |||||||
| V Silver (appointed | 6.8.19) | |||||||
| LWood (appointed | 27. | 11.19) | ||||||
| C Thompson (appointed |
6.8 | 19) | ||||||
| COMPANY SECRETARY | K Lindley | |||||||
| CHIEF EXECUTIVE OFFICER | K Lindley | |||||||
| REGISTERED OFFICE | 35 Peterson Road | |||||||
| Wakefield | ||||||||
| West Yorkshire | ||||||||
| WFI 4DU | ||||||||
| REGISTERED COMPANY NUMBER |
00489136(England | and | Wales) | |||||
| REGISTERED CHARITY NUMBER |
226121 | |||||||
| AUDITORS | Naylor Wintersgill | Limited | ||||||
| Chartered Accountants |
and Statutory | Auditor | ||||||
| Carlton House | ||||||||
| Grammer School Street |
||||||||
| Bradford | ||||||||
| BD14NS | ||||||||
| SOLICITORS | Wrigleys Solicitors |
LLP | ||||||
| 19Cookridge Street | ||||||||
| Leeds | ||||||||
| LS2 3AG | ||||||||
| BANKERS | Barclays Bank Pic | |||||||
| Trinity Walk Shoppmg | Centre | |||||||
| Teal Way | ||||||||
| Wakefield | ||||||||
| WFI IQS | ||||||||
| Handelsbanken | ||||||||
| Unit 10 | ||||||||
| Navigation Court |
||||||||
| Waketield | ||||||||
| WF1 9FQ |
| K | Murray | (resigned | 30 September 2019) |
|---|---|---|---|
| D | Storr | (resigned | 22 May 2020) |
| E | Strutt | ||
| M | Sykes | (resigned | 27 February 2020) |
| M | Whittaker | ||
| D | Wright | (resigned | 11 March 2020) |
| V | Silver | (appointed | 24 September 2019) |
| C | Thompson | (appointed | 24 Septeniber 2019) |
| T | Hawkes | (appointed | 24 September 2019) |
| L | Wood | (appointed | 24 September 2019) |
| S | Russell | (appointed | 24 September 2019) |
| for thc Yea | r Ended 3 | 1 July 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||||||
| Continuing | Discontinued | Unrestricted | Unrestricted | |||||
| funds | fund | fullrls | funds | |||||
| Notes | 6 | f. | f. | |||||
| liVCOiNIE | AND KNDOWiMENTS | FROM | ||||||
| Donations | and legacies | 600 | 600 | |||||
| Investnient | income | 563,635 | 563,635 | 588,564 | ||||
| Charitable | activities | 10,952 | 230,537 | 241,489 | 310,734 | |||
| Total | 575,187 | 230,537 | 805,724 | 899,298 | ||||
| KXPKiVDITURE OiV | ||||||||
| Raising funds | 6 | 43,919 | 43,919 | 48,732 | ||||
| Charitable | activites | 7 | 241,419 | 301,409 | 542,828 | 705,473 | ||
| Total | 285,338 | 301,409 | 586,747 | 754,205 | ||||
| Net gains/(losses) on |
investments | |||||||
| NUT liVCOiME/(EXP | ENDITURE) | (1,284,334) | (70,872) | (1,355,206) | (302,838) | |||
| RFCOIVCILIATION | OF FUNDS | |||||||
| Total funds | brought | fomvard | 13,186,989 | 13,186,989 | 13,489,827 | |||
| TOTAL FUNDS CARRIED FORWARD | 11,902,655 | (70,872) | 11,831,783 | 13,186,989 |
| Statement ofFinancial Positi 31 July 2020 |
on | |||||
|---|---|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||||
| Unrestricted | Restncted | Total | Unrestricted | |||
| funds | fimd | funds | funds | |||
| Notes | 8 | |||||
| FIXEDASSETS | ||||||
| Tangible assets | 13 | 855,962 | 855,962 | 864,796 | ||
| lnvestmenls | 14 | 9,572,786 | 9,572,786 | 11,146,969 | ||
| 10,428,748 | 10,428,748 | 12,011,765 | ||||
| CURRENT ASSLTS | ||||||
| Debtors | 15 | 23,433 | 23,433 | 38,732 | ||
| Cash at bank and in band | 1,437,027 | 1,437,027 | 1,203,527 | |||
| 1,460,460 | 1,460,460 | 1,242,259 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 16 | (57,425) | (57,425) | (67,035) | |
| NET CURRENT ASSETS | 1,403,035 | 1,403,035 | 1,175,224 | |||
| TOTAL ASSETSLESSCURRENT LIABILITIES |
11,831,783 | 11,831,783 | 13,186,989 | |||
| iVET ASSETS | 11,831,783 | 11,831,783 | 13,186,989 | |||
| FUiNDS | ||||||
| Unrestricted funds |
11,831,783 | 13,186,989 | ||||
| TOTAL FUNDS | 11,831,783 | 13,186,989 |
| Statement ofCash Flows for thc Year Ended 31 July 2020 |
||||
|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||
| Notes | f | |||
| Cash flows from operating activities |
||||
| Cash generated fiom operations |
20 | (329,413) | ||
| Net cash used in operatmg activities |
||||
| Cash flows frum investing activities |
||||
| Purchase oftangible fixed assets |
(721) | (10,762) | ||
| Purchase offixed asset investments | (100,000) | |||
| Sale oftangible fixed assets |
129,999 | |||
| Interest received | 1,716 | 1,673 | ||
| Dividends ieceived |
561,918 | 586,891 | ||
| Net cash provided by investing activities |
562,913 | 607,801 | ||
| Change in cash and cash equivalents the reporting period |
in | 233,500 | 190,484 | |
| Cash and cash equivalents at the beginning ofthe reporting period |
1,203,527 | 1,013,043 | ||
| Cash and cash equivalents at the end the reporting periad |
of | 1,437,027 | 1,203,527 |
| 317.20 | 31.7.19I | ||||||
|---|---|---|---|---|---|---|---|
| Donations | 600 | ||||||
| 4. | INVKSTiylgiNT | INCOME | |||||
| 31.7.20 | 31.7.19 | ||||||
| Dividend income |
561,919 | 586,891 | |||||
| Deposit account | interest | 1,716 | 1,673 | ||||
| 563,635 | 588,564 | ||||||
| 5. | INCOME I'ROiVI CHARITABLE ACTIVITIES | ||||||
| Activtty | 31 7.20 | 31.7.19I | |||||
| Nursery fee income |
Ftrst Steps Day | Nursery | 230,537 | 304,788 | |||
| Complementary Room |
Therapy | Complementary | Thetapy Centre | 1,338 | 5,946 | ||
| Comntunity Foundation |
Grants/ | Donations | 9,614 | ||||
| 241,489 | 310,734 | ||||||
| 6. | RAISING FUNDS | ||||||
| Investmcnt management |
costs | ||||||
| 31.7.20 | 31.7.19 | ||||||
| Investment management |
expenses | 43,919 | 48,732 |
| Nursery | Grant | Total | ||||
|---|---|---|---|---|---|---|
| niaking | ||||||
| 2020 | 2020 | 2020 | ||||
| 8 | 8 | |||||
| StaffCosts | 233,768 | 233,768 | ||||
| Food | 5,512 | 5,512 | ||||
| Coilsunlables | atld equlpnlellt | 4,741 | 4,74! | |||
| Rates | 1,436& | 1,436 | ||||
| Postage and | stationery | 2,674 | 2,674 | |||
| Advertising | 5,976 | 5,976 | ||||
| Repaiis and | renewals | 4,834 | 4,834 | |||
| Cleaning | 3,724 | 3,724 | ||||
| Legal and professional | 12,478 | 12,478 | ||||
| Bad Debt | 8,857 | 8,857 | ||||
| Settlement | 17,409 | 17,409 | ||||
| 301,409 | 301,409 | |||||
| Grant funding ofactivities | (see note 8) | 37,613 | 37,613 | |||
| Share ofsupport costs (see | note 9) | 35,495 | 161,703 | 197,198 | ||
| Share ofgoveniance | costs (see note 9) | 4,361 | 2,247 | 6,608 | ||
| 341,265 | 201,563 | 542,828 | ||||
| iNursery | Grant | Total | ||||
| makiug | ||||||
| 2019 | 2019 | 2019 | ||||
| f. | ||||||
| StaffCosts | 275,338 | 275,338 | ||||
| Food | 8,672 | 8,672 | ||||
| Consumables | and equipment | 8,455 | 8,445 | |||
| Rates | 1,728 | 1,728 | ||||
| Postage and | stationery | 3,801 | 3,801 | |||
| Advertising | 1,586 | 1,586 | ||||
| Repairs and | renewals | 31,345 | 31,345 | |||
| Cleaning | 4,258 | 4,258 | ||||
| Travel and entertaining | 465 | 465 | ||||
| Bad Debt | 3,941 | 3,941 | ||||
| Settlement | 6,000 | 6,000 | ||||
| 345,589 | 345,589 | |||||
| Grant funding ofactivities | (see note 8) | 148,367 | 148,367 | |||
| Share ofsupport costs (see note 9) | 37,415 | 166,353 | 203,768 | |||
| Share ofgovernance | costs (see note 9) | 5,130 | 2,619 | 7,749 | ||
| 388,134 | 317,339 | 705,473 |
| GRANTSPAYABLB | ||||
|---|---|---|---|---|
| Grant | Grant | |||
| making | making | |||
| 2020 | 2019 | |||
| Grants to institutions: | ||||
| Creative At t House | 10,000 | |||
| Incredible Edible |
2,544 | 6,990 | ||
| Littlrbcck Tntst | 2,719 | |||
| Kinsley ek Fttzwilliant |
Old Folks Treat | 1,500 | 2,000 | |
| St Oeorges Community | Centre | 1,500 | ||
| St Catherines Church |
1,500 | |||
| Havercroft &Rhyhill | 1,500 | |||
| Lighnvaves Comnnmity |
Tntst | 1,500 | ||
| Eastntoor Community | Church | 1,500 | ||
| Castleford Hen itage Mills |
1,000 | |||
| Kellingley Club |
1,000 | |||
| Osset War Memorial | 1,000 | |||
| Wakefield Street Kitchen | 622 | |||
| Wooley Edge Scout Camp | 600 | |||
| The Well Project | 500 | |||
| St Marys | 500 | |||
| Senior Citizens Support | 500 | |||
| Wrcnthorpe Hub |
500 | |||
| Chrysalm Youth |
500 | |||
| Pontefract Community |
500 | |||
| Young People | 500 | |||
| Pontefract Community |
Kitchen | 500 | ||
| Supportto Recovery |
12,057 | |||
| Older Peoples Actton in | the Locahty | 10,308 | ||
| Supporting the Elderly |
(STEP Leeds) | 3,080 | ||
| Ktdzaware | 17,437 | |||
| Thtnking 4ward for Mental Health |
3,690 | |||
| Theatre Royal Waketleld | 2,680 | |||
| Creative Recovery | 8,570 | |||
| Shabang Inclusive Learning |
10,070 | |||
| The RockingR Gaming | Cltanty | 5,214 | ||
| StAugustine's Centre |
4,050 | |||
| Open Country | 12,652 | |||
| Co-Active Arts | 2,800 | |||
| Disability Sport Yorkshire |
15,000 | |||
| Exodus | 12,600 | |||
| Ltvability | 9,399 | |||
| Other | 3,298 | 4,805 | ||
| 35,783 | 143,402 | |||
| Grants to tndivtduals | 1,830 | 4,965 | ||
| 37,til3 | 148,367 |
| SUPPORT COSTS | |||
|---|---|---|---|
| Support | Governance | 2020 | |
| costs | costs | ||
| 8 | 8 | 8 | |
| Staffcosts | 118,974 | 118,974 | |
| Depreciat&on | 9,556 | 9,556 | |
| Settlement | 15,000 | 15,000 | |
| Pretnise costs | 35,512 | 35,512 | |
| Travelhng expenses |
1,530 | 1,530 | |
| Office costs | 2,516 | 2,516 | |
| Training | 1,402 | 1,402 | |
| Legal and professional | 9,706 | 9,706 | |
| Subscriptions | 2,304 | 2,304 | |
| Adverttstng | |||
| Sundry expenses | 536 | 536& | |
| Bank charges | 562 | 562 | |
| Audit fees | 4,740 | 4,740 | |
| Trustees travel hng expenses |
566 | 566 | |
| Trustees trainutg | 1,302 | 1,302 | |
| 197,198 | 6,608 | 203,806 | |
| Analysed between |
|||
| Charitable activities |
197,198 | 6,608 | 203,806& |
| Support | Governance | 2019 | |
| costs | costs | ||
| 8 | |||
| Staffcosts | 93,034 | 93,034 | |
| Depreciation | 12,070 | 12,070 | |
| Premise costs | 65,766 | 65,766 | |
| Travelling expenses |
2,219 | 2,719 | |
| OtTice costs | 3,033 | 3,033 | |
| Training | 2,711 | 2,711 | |
| Legal and professional | 21,641 | 21,641 | |
| Subscripttons | 1,887 | 1,887 | |
| Advertising | 500 | 500 | |
| Sundry expenses | 339 | 339 | |
| Bank charges | 568 | 568 | |
| Audit fees | 5,940 | 5,940 | |
| Tmstees travelling expenses |
909 | 909 | |
| Trustees training | 900 | 900 | |
| 203,768 | 7,749 | 211,517 | |
| Analysed behveen |
|||
| Charitable activities |
203,768 | 7,749 | 211,517 |
| Trustees' expenses |
|||||
|---|---|---|---|---|---|
| 31.7.20 | 31.7.19 | ||||
| Trustees' expenses | 566 | 909 | |||
| STAFF COSTS | |||||
| 31.7.20 | 31.7.19I | ||||
| Wages and salanes | 324,093 | 339,963 | |||
| Social security costs | 8,236 | 11,266 | |||
| Other pension costs | 20,413 | 17,143 | |||
| 357,742 | 368,372 | ||||
| The average monthly | number ofemployees | during | thc year was as follows: | ||
| 31.7.20 | 31.7.19 | ||||
| Management dt Oftice |
18 | 22 |
| TANGIBLE FIXEDASSET | S | ||||
|---|---|---|---|---|---|
| Freehold | Improvements | Fixtures | |||
| land and | to | and | Computer | ||
| buildings 8 |
propertyf | fittings f. |
equipntent | Totals 8 |
|
| COST OR VALUATIOiN | |||||
| At I August 2019 |
850,000 | 4,692 | 31,612 | 10,317 | 896,621 |
| Addtt torte | 721 | 721 | |||
| Disposals | (890) | (890) | |||
| At 31 July 2020 | 850,000 | 4,692 | 31,443 | 10,317 | 896,452 |
| DEPRECIATION | |||||
| At I August 2019 |
2,346 | 19,876 | 9,603 | 31,825 | |
| Charge for year | 469 | 8,729 | 357 | 9,555 | |
| Eliminated on disposal |
(890) | (890) | |||
| At 31July 2020 | 2,815 | 27,715 | 9,960 | 40,490 | |
| NET BOOI& VALUE | |||||
| At 31July 2020 | 850,000 | 1,877 | 3,728 | 357 | 855,962 |
| At 31 July 2019 | 850,000 | 2,346 | 11,736 | 714 | 864,796 |
| FI | XEDASSET INVESTMENTS | |
|---|---|---|
| Listed | ||
| investments | ||
| 8 | ||
| iyIARKET VALUE | ||
| At | 1 August 2019 | 11,146,969 |
| Revaluattons | ||
| At | 31 July 2020 | 9,572,786 |
| NET BOOI& VALUE | ||
| At | 31July 2020 | 9,572,786 |
| At | 31 July 2019 | 11,146,969 |
| 15. | DEBTORS: | AMOUNTS FALLING DUK WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||
| I | ||||
| Trade debtots | 8,000 | |||
| Other debtors | 21,121 | 21,114 | ||
| Prepaymellts | and accrued income | 2,312 | 9,618 | |
| 23,433 | 38,732 | |||
| 16. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 317.20 | 31.7.19 | |||
| 6 | ||||
| Trade creditors | 1,489 | 7,481 | ||
| Social security and other taxes | 2,338 | 4,761 | ||
| Other creditors | 39,567 | 42,195 | ||
| Accruals and | deferred income | 14,03I | 12,598 | |
| 57,425 | 67,035 | |||
| 17. | I.EASIiNG AGREEMENTS |
| Minimum lease |
payments under non- |
cancellable | operating leases fall due |
as follows: | |
|---|---|---|---|---|---|
| 31.7.20 | 31.7.19 | ||||
| Within one year | 2,164 | 2,164 | |||
| Between one and five years | 4,358 | 6,492 | |||
| 6,492 | 8,656 | ||||
| RELATED PARTY DISCLOSURES | |||||
| Remuneration | ofkey management | personnel | |||
| The iemuneration | ofkey management | personnel | is as follows: | ||
| 2020 | 2019 | ||||
| g | |||||
| Aggregate compensation |
49,333 | 45,194 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 31.7.20 | 31.7 19 | |||
| Nct expenditure for the reporting Financial Activities) |
period (as per | the Statement of | (1,355,206) | (302,838) |
| Adjustments for: |
||||
| Depreciation charges |
9,555 | 9,805 | ||
| Losses on investments | 1,574,183 | 447,931 | ||
| Loss on disposal offixed assets | 2,265 | |||
| Interest received | (1,716) | (1,673) | ||
| Dividends received |
(561,919) | (586,891) | ||
| Decrease in debtors | 15,300 | 9,915 | ||
| (Decrease)/increase in creditors |
(9,610) | 4,168 | ||
| Nct cash used in operations | ~329,413) | (417,318) | ||
| ANALYSIS OF CHANGES IN NET FUNDS | ||||
| At 1.8.19 | Cash flow | At 31.7 20 | ||
| Net cash | ||||
| Cash at bank and in hand | 1,203,526 | 233,501 | 1,437,027 | |
| 1,203,526 | 233,501 | 1,437,027 | ||
| Total | 1,203,526 | 233,501 | 1,437,027 |