mohs workplace health 61StAnnual Report 2023-2024
Charity registration rtumr 230407 Company registration numbar 00731728 IEn9land and Wales) MOHS WORKPLACE HEALTH LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
MOHS WORKPLACE HEALTH LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Directors Mr DA Lynam Mrs H E Hooper Mr M J Round Dr M Cathcart Mr J A Boullon Mrs D A Jennings Charity number 230407 Company number 00731728 Prlncipal address 83 Bimiingham Road West Bromwich West Midlands B70 6PX R8glst•r•d offi¢e Petit House 83 Birmingham Road Wesl Bromwich West Midlands B70 6PX Auditor CK Audit No 4 Castle Court 2 Casllegale Way Dudley West Midlands DY14RH
MOHS WORKPLACE HEALTH LIMITED CONTENTS Page Trustees, port Statement of Ifuslees, respx)nsibilits'es Independent auditorfs report 8-10 statement of financial 8ctivibes Balancè Sheet 12 Statement of cash flows 13 Notes lo the ffinancial statements 14-23
MOHS WORKPLACE HEALTH LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The directors piesent Ihtrir report and accounts for the year ended 31 MaTth 2024. The 8¢counts have been prepared in accordance with the accounting policies s6t tsut in note 110 the accounts and comply with the Charity's Goveming document, the CompaniesAct 2006 and'Aceounling and Reporting by Charities.. Staternent of Recommended Practice applicable lo charities preparing theii accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021° {as amended for accounting periods commencing from 1 January 20161. Objectives and actlvltles The Charity's principal objectives are the promotion and advancèment of Occupational Health care for all peisorEs engaged and intending lo be engaged, in industry, education and commerce. The pollcies adopted to achieve these objectwe5 h8ve been.. 1. To advance the physical and moral welfare of the working population by the prèvention and cure of OccupaOna] diseases and injuries. 2. To provide services formedical treatment and forthe care of sick or injured workers at Ir place of employment or elsewhere. 3. Tts undertake medical and other teaching in occupational diseases and injuries and in the promotion of occupational health. 4. To cary out research and Snvestigalion into causes of occupational diseases and injuries and into the means of promoting occupation81 h8811h. 5. To assist S(h teaching and investigation as set out in 3 and 4 above by grant of money. payment of fees and othemise as th8 Service may think fit. Thère have been no changes in these pollclos during the year covered by this report. Public benetit activttSes MOHS. charitable purpose is the advancement of physical and emotional wellbeing of managed and ad hoc'pay as you go, companiès gnd their employees through the prevention and cure of occupational diseases and injuries. combinèd with the promotion of the general health and wellbein9 of employees in the workplace. Consequently. all occupational health a(*vilies that MOHS offers are beneficial for the working population and for those who have since lirtsd. We are regularly Investing in research, investigation and teaching 1è181ing to the causes ol occupational diseases and injuries 05 8 means of promoting OCCLtpalional and envirorbnentsl health. Due lo the expertise of our clinlcal staff, we have been able lo offer work experience and Shadowing plaMentS lor sludenf5 wishing to enter the medical profession. Also local Doclors wanting to follow a career in Occupational Heallh have received on site èxperience with our OH Nursing Advisors thanks lo the generosity of our clients allowing these site visits to tak8 place. MOHS offer a flee advice line to lo¢al eomp8nies. This could consist of either telephonelemail advice on their Occupational Health requirement5. orin some instances could be a sile visitfrom on¢ of ourexperienced Occupational Health Advisor's to fomiulate an Occupational Health program based on their risk assessments. This does not guarantee work for MOHS bul benefits the wider community. MOHS have sponsored a local team's sports shirts and have PTowded free first aid awareness training lo a local cricket club and also a local GITI Guide group lo ensure that they have a good understanding of how to deal with emergencies.
MOHS WORKPLACE HEALTH LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 People update Arrivals- MOHS Staff Denise Glovei and Ifey Ofodile- Oceupalional Health Advlsors. Both are new to Occupational Health and ar8 vgry valuable addthons lo the team. Cameron Williams- Ocojpalional Health TechnicFan. Cam brought transferable skills from his prewou¥ Tole of fitness advisor to the Fire Serv and has developed his practice lo becomè a technician. Nico Dhanda- Mark8ting Manager. Nico dèlivered a digital-first approach to marketing MOHS, products, modemising and streamlining tsur processes. Occupatlonal Health Doctors Dr Samen8 Chaudhry - Self-employed Doctor. S8mena also works for the NHS as an Acute Medical Registrar. bringing u3 a wealth of knowledge from this varied role. With a compliment of 6 Doctors, MOHS continues lo meet client'8 need5 in a timety manner by offering dates for appoinlrnents withSn a maximum waiting time of fvjo weeks. Departures Sadly MOHS said goodbye to our Screening Nurse Val B8swick. Val worked for MOHS for mOSt 20 years but decided to retire after 8 successful nursing career spanning eo years. Thank¥ 202>2024 continuod to be a challenging yeai, with both clients and MOHS still feeling the aftereffects of the pandemte and the new impact of global conflict. Commodities continued to increase along with the cost of stalfing resources. However, with the 5UPPOrt of MOHS, emplclyees and self-employed doctors. we have navigated these increases by adapting our service provision to remain relevant, compelllive and a respected provSder of Occupational Health and Health and Safety courses. We rectsgnise that Staff awe our most important commodity and as such would like to thank our employees and self- ernployed doctors for thelr ijnder5tanding, patience and loyalty through this financial year. Their unfailing commitment to MOHS is one of our unique organisation's strengths.
MOHS WORKPLACE HEALTH LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI ICONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 AchlevÈments and perfomiance Client Portfolio The natitsnal shortage of qualified Nurses continued to impact on the expected growth ot our client base. However, upskilling our Technicians ensures that our clients can continue lo receive high quality provision of thèir OH ne8ds. Throughout the year MOHS welcomed many new clients from Ihe public, privatè and con$lru¢tion sectors. MOHS continued to provide options for Ihe service delivery requirements of our clients with the possibilities of face- to-face appointments and rernote consultations. The preference for face-to-face consultations rose steadity throughout 2023 to a plateau of 75Yo at Ihe beginning of 2024. This wa3 we1cCed by our OH PhyslanS as this is their favoured method of delivery. Mentsl Health innovatlons A steady growth in bookings for one-to-one sessions was observed with clients regnisIng the importance of protecting their employees, mental health and well-being. Remote group sessions have also proved popularwheieby employees can receive training from their workplaee or home selting. Health and Safety Training Department.. First Aid Tiaining booking5 have grown above pre-pandemic levèls. ergonomlG assessments increased and there was an increase In ¢llents bookings for IOSH Managing Safely ctsurses which prtsvid8 their staff wth a better understanding of Hèalth and Safely within the Workpla setting. Qu•lity Assurance Once again MOHS successfully retained the IS09001'.2015 certification held with BSI and the SEaoHS accreditation, both of which arè tmportanl and coveted professional standards In our industy. The Training Department also successfully retained thè CMA{Centre Managed Assessment) stalus fordelivering First Aid at Vvork courses through Highfield. Occupational Health Physician Provi¥ion We are incredibly grslgful lo all our self-employed sessional Doctors forlheir loyalty, ver5alility and eagerness to work with MOHS in an everchanging and fast paced environment. With their varied work experience outside of MOHS thay provlde us with expert dinical decisions that result in cost èffective management of our Clients, employees. Occupational Health Advlsor l Teehni¢ian provision On-site clinics remained the focus of the rnanaged service provision being dèlivar8d by our OH Nursing Advisors and Technicians. This gave ¢lients the ability lo discuss issues. gain advice and discuss the most effective use of their visit in real tim8 and with the relevant person. Consistency helps build up trust and a good working relationship wlth Ihelr dedi¢aled praclilioner. However remote telephone consultstions are also an option which some cli8nls employees prefer especialty when off slck. MOHS continue to offer an ad hoc service where a contract is not required. Wherevei p055ible ad ho¢ screening visits are provided by the sarHe practitioner, again creating the familiarty, consistgncy and conlinuily required to make the visrt as streamlined and unoblrusNe as possible. Dug to the ongoing HS2 work and construction works within the Midlands Safety Critical Medicals hava grown and continue lo be a large part ofthe Sereenin9 Department income.
MOHS WORKPLACE HEALTH LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Training Dèpartment Both primary and requalificati First Aid Courses have been popular thls year wlh additional courses added lo the prospectus lo accommodate dernand. MOHS ietain an approved extemal party who provides courses on behalf of us both al our site and 01 client's siles which proved lo be very popular wth cjienls and their employees. Ergonomic assessrnents have rtsen due to the increasing amount of employees either working from home where advice is needed on safe and effectivè work8talion environments or returning to an olfice environrnent. Mental H•alth Services Face to face sessions saw a rise in referrals with dienl$ understanding that a minimum of 6 to 8 sesslon$ a required for the therapy lo be effective. The reasons for the referrals continue tts be varied from PTSD, fear of returning lo an office environment. depression and anxièty lo name a few. Setvicè3 include Counsellingtfalking Therapies. EMDR. and Bereavement and Loss Counselling. Mental Heahh Awareness Training was added lo the portfolio offered by our Psy¢htslherapist. This tfaining glves groups of employees and managers a better understanding of the issues that colleagues could expertenee in the workplace, how lo recognise these signs and guidance on signposting for assistance. Third Party Referrals MOHS continued to be the preferred Occupational Health provider for several Health & Safety Consultancies, Insurance Brokers. HR and Legal Service providers who recommended our services to those of their clients Mnth Occupational Health needs. MOHS continually review the sourcès of new business enquiries Wth Ihe second largést pathway continuing to be iecommendation. This is a direct result of the positive experience our Clients receivè from all MOHS. staff. Brand Management MOHS projected a strong corporate image acros8 digital and offline plattoTms. We highlighted ovr industry experience and heritage by featuring our 80 annwersary on SOCAal media. Using consistent brand colours and logos across 811 our marketi'ng materials increased brand recall. Regular releasing blogs and social rnedi8 Posts estsblished us ¥s thought leaders and improved our brand awareness. Onlinè Activitie MOHS made a big push towards digitisation in the last year. We releas&d more than 30 blogs and rewrote most of the pages on ourwebsite lo improve our search engine optimisation ISEO}. Pay perclick IPPCI advertising on Google also increased awareness of ourwebsite. An aggressive approach to social media saw u$ p051 belween 20-30 times month which helped our engagornenl and reach. We changed e.mail marketing provider and built a 5Ulte of advertisements for each of tsur s8rvices. Currently we r6¢eive our largest amount of new business enquires through digital channels. Financial review Trading remained difficult 8nd groith was impair8d by the struggles of rècruiting qualified Nurslng Staff due to the continuing national shortage of Nurses. However, with the service dèfivery changing to a more Technician led delwery with the Nurses overseeing and signlny off their work MOHS continues to provide a professional and cost effective service delivery. OHS continued lo closely rnonitor expenditu to ènsure that it remained tlnancialty viable. right fiscal conlrol delivered a total income for the year of £1,720.358 ft)r 202&2024 compared with t1,615,6 for 2022-2023.
MOHS WORKPLACE HEALTH LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Resèrves Policy The d1ClOrS, aim is lo maintain fe reserves Ilhose funds not lied up in fixed assets) that the Charity may require to sustain ils operations over a period in the event of a severe curtailment of income. These reserves continue to ensure that MOHS remains in a financially strong position. Plans for future period$ Growth Areas MOHS wll continue lo offer all fomiats of Consultation such as face lo face, telephone, and lele-¢enferencing lo ensure that the Client and their employees have the best fil for their needs. Remote consultations a also useful for Clients who have employees located around the UK as all employees will receive comparable consultslions. They also benefit clients by providing them with one invoicing point and continuity in the referral pro¢ess and reporting quality. Digital toolkits will be available later in the year, advising clients on specific occupational health risks and the management of these risks, such as mental wellbeing and workplace safety. MOHS also believes that the need for menlal health seNices will continue to increase a$ clients have a better understsnding of the issues faced by their employees, along wth employees feeling more confident lo discuss their problems as the stigma of mental health continues lo lift. MOHS, resident Psycholherapisl will continue to provide bespoke courses both face lo face and remotely, such as advice and assistsnce wth upskilling and equipping HR professionals and Line Managers with the coping mechanisms lo deal safely and effectively with employees who are suffering from anxiety. stress or depression. Newcliants MOHS will continue to tsrget local employers within the West Midlands particularly those in and around the Black Country and those within the construction industry. However, due to remote working pro¢esses, existing Clients who operate nationally and new Customers beyond the Wesl Midlands will also be able to receive a qua5ity service. Digital Activity 202312024 saw us finally start the mtsve lo paperless setvices. There were several interrelated projects that required completion simultaneously for us lo move forward. The move to a Combined assesgment document with integrated certification reduced paper requirements for managed services by more than 900h, with electronic information stored in the cloud for instant retrieval. This move will also help with the burden of paper record storage at our office Sile. A similar project to move screening 5eTvices into the cloud required the building of a custom database IMOHS Oracle) lo manage recalls. The database development phase has been completed and is now ready for final testing having past preliminary live data validation. Paperfess workflows were finalized for screening services which we expect lo move paperless in Q2 of 2024r25 financial year. The new database can support all department's recall needs and also contains a basic CRM system enabling us to better understand how marketing brings in new business and also help wth the onboarding of potential customers. Along with our existing cloud-based questionnaires MOHS are now able lo offer a completely digital setvice which may, on occasion also involve delivery of face-to-face seNices, at a distance. via video link. MOHS are developing video-based internal teaching packages lo support and upskill our practitioners. enabling seK- dirIed learning and revision of assessment activities al the pra¢lilioner's own pace. This blended leaming initiative which still involves high quality leaching and supervised practice enables practitioners to leam in a style that best suits them. This will be ready for launch during Q2 of 2024125 financial year. Flnally, a new Unified Praclilioner Aydil Process was developed, to support the move to digrtal seryices. Thls tool has enabled MOHS auditing to move frorr a quanlitstive to qualitative audit model, which help us to improve the quality and consistency of seryice delivery.
MOHS WORKPLACE HEALTH LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structurep governance and managgment The charity is a company limited by guarantee. Liability of its members is not to exceed 5 pence per member. The directors who served during the year and up to the dale of signature of the financial statements were.. Mr DA Lynam Mrs H E Hooper Mr M J Round Dr M Cathcart Mr J A Boulton Mrs D A Jennings The directors delegate the day to day running of the Charity to a management team which is headed up by the Chief Executive. Helen Hooper. The members elect their representatives as directors. New board members receive an induction lo MOHS Worfcplace Health Limited and the company provides appropriate training in governance and work of the organisalion. The Charity is run from premises in Wesl Bromwich, which Includes consulting rooms, a psychology suite, training rooms and houses the Cellt of administration. Some of the services are delivered here by our Occupational Health Physicians. Advisors and Technicians. The majority of occupational health provision continues lo be undertaken al Cllenl's premises although some are performed remotely. First Aid at Work Training and Health and Safely provision are provided atOL¢r West Bromwich premises and al Clients, pmiSes, on request. The directors have assessed the major risks to which the Charity is exposed and have introduced systems to mitigate foSeeable consequences of the major risks. Auditor In accordance with the company's articles, a solution proposing that CK Audit be reappointed as auditor of the Company will be put al a General Meeting, Disclosure of informatlon to auditor Each of the directors has confirmed that there 15 no information of which they are aware which is relevant to the audll. bul of whieh the charitable company's auditor is unaware. They have further confirmed that they have taken all appropriate steps to Identfy such relevant infomiation and to establish that the auditor is aware of such information. This concludes the directors, report for thi5 financial year.. 2023-2024. On beh Iro, directors Mr D A Lynam Chaim)an 17 October 2024
MOHS WORKPLACE HEALTH LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The directors. who also act as trustees for the charitable actIlle$ of MOHS Workplace Health Limited, are responsible for preparing the Directors. Report and the 8¢counts in accordance with applitsbl$ 18w and United Kingdom A¢unting Standards (United Kingdorn GenerallyAccepled Accounting Practice). Company Law requires the direciors lo prepare accounts for each finanaal year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the chaiilable company for that year. In preparing these accounts, the directors are requlred to.. - seleet suitable aUntIng policies and then apply them consislenlly.. - observe the methods and principles in the Charities SORP,. - make judgements and estimates that are reasonable and prudont.. -state whethÉr applicable UKAccounting Standards have been followed, subject to any material departures di5dosed and explained in the accounts.. and prepare the accounts on the golng concern basis unless il is inappropriate to pSuMe that the charty will continue in operation. The directors are responsible for keeping adequate accounting records that disclose with reasonable araCY at any lime the financial p05itson of the charity to enable them to ensure that the accounts comply wth tho Companies Act 2006. They are ols0 iesponsible for safeguarding the assets of the charity and hence fortaking reasonable steps for Ihe prevention and detection of fraud and other irregularities.
MOHS WORKPLACE HEALTH LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MOHS WORKPLACE HEALTH LIMITED Opinlon We have audited the financial statements of MOHS Workplace Health Limited {Ihe 'charity'l for the year *ndgd 31 March 2024 which comprise the statement of ffinancial actiwties, the balance sheet, the statement of cash flows and notes to the financial statements, induding Signifi1 accounting policles. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Finanrial Reporting Standard 102 The FinaFJcial Reporting Standard appli¢8bl& in the UK and Republic ol Ireland Iunited KiThJdom GenerallyAcceptedAceounting Practice). In our opinion, the flnancial slalements.. give a true and fair vi8w of the stale of the charitable wmpany's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditur8, for the year then ended-, have been propedy prepared in accordance with United Kingdom GenerallyAccèpt9dAccounling Practice- and have been prepared in accordance with the requirements of the Companies Act 2006. Ba$is for opinion We conducted our audit in accordance with Internatlon81 Standards on Auditing lu {ISAs {UKI} and applicable law. Our responsibilities under those standards are further described in the AuditoRs SPOnSIbl1111es for the audit of the n3n¢ial slalements sèction of our repo We are independent of the charty in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK. incjuding the FRC'S Ethical Stsndard. and we have fulfilled our other elhical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffiuenl and appropriate to provide a basis for our opinion. Conclusions relatin9 to going conc•rn In auditing the financial statements. we have ¢onduded thatthetrustees, use of the going concem basis of accounting in the prepaiation of the financial statements is appropriate. Based on Ihe work we have performed, we have not Ident511ed any material uncertainties relating lo events or ¢ondilion3 that. individually or collectively, May cast signifi&gnl doubl on the charty's ability lo continue as a going oncern for a period of at least fvielve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities olthe directors with respect to going con¢trm are described in the relevant sections of this report. Othèr Infomi¥tion The other inftsrrnalion comprises the infortnation included in the annual report other than the financial slalements and our audlloi's report Ihereon. The dir6etor$ are responsible for the Other infomiation contained within the 3nnual rewrt. Our opinion on the financial statements does not cover the other inforrnation and. except to the extent otherwise explicitly slated in our report. we do not express any form of as5UTance conclusion thereon. Our responsibility is to read the other information and. in doing so, consider whether the other information is m31erialty inconsistent with thÈ rinancial statements or our knowledge obtainèd in the course of the audit, or otheiSe appears to be mateiialty misstated. If wè identify such material inconsi51en¢ies or apparent materr81 mi551atements, vwe arè required lo determine wh8ther this gives rise to a material rnisslalement in the financial slalements themselve5. If. based on the work we have perfomied, we conclude that there is a material misstatement of Ihis other infomatlon. we are required to report that fact. We have nothing to report in this regard. Opinions on other mattors prescribed by the Companl•s A¢t 2006 In our opinion. based on the work undertaken in the course of our audit.. the information given in the trustees, reportforthe financial yearforwhi¢h the financial statements are prepared, which includes the directors, ieport prepared for the purposes of company law, is consistent with the financial slalemenls., and the director5. report included within the Iruslees. report has beén prepared in accordancè with applicable legal requirements.
MOHS WORKPLACE HEALTH LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MOHS WORKPLACE HEALTH LIMITED Matters on lch arn rgqulred to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misstatements in the directors, report included within the Iruslees, Teport. We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us.. or the financial statements are not in agreement wth the accounting records 8nd retum$- or certain disclosures of trustees, remuneration specified by law are not made., or we have not received all the infomalion and explanations we require for our audit.. or the directors were not entitled to prepare the financial slalements in accordance with the small companies regime and tske advantage of the small companie$, exemptions in preparing the trustees, report and from the requirement lo prepare a strategic report. Responsibilities of directors As explained more fully in the statement of trustees, Sponsibl1111e5. the directors 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 directors determine is necessary to enable the PparatIOn of financial 5talemenls that are free from material misstatement, whether due lo fraud or error. In preparing the financial slalements, the directors are responsible for assessing the charity'5 ability lo continue as a going ¢on¢ern, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless the directors either intend lo liquidate the charitable company or to cease operalitsns. or have no realistic altemative but to do so. Auditor'5 responsibilities for the audlt of th& financial statements Our objectives are lo obtain reasonable assurance about whether the fin8n¢ial ststemenls as a whole are free from material misslatemenl, whether due lo fraud or error, and lo issue an audilo¢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 IUKI will always delecl a material misslalement when il exists. Mi$$lal&ments 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 slalements. The extent to which our procedures are capable of detecting I[glalIeS, including fraud. is detailed below. Extent to vthich tho audit was cortsidered capable of detecting irregularities. Includlng fraud We identified and assessed the risks of material misslalement of the financial statements, in respect of irregularities whether due to fraud or error. or non complian¢e with laws and regulations and then designed and perfomied audlt procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstatement in respe¢l of irregularities. including fraud and non- ¢omplian¢e with laws and regulations. our procedures included the lollo¥Mng'. We obtsined an understanding Df the legal and regulatory frameworks that are applicable to the Charity by discussion and enquiry with the directors and management team and our general knowledge and experience of the ¢harity. We focused on specrfic laws and regulations which we considered may have a direct material effect on the financial ststemenls or the operations of the company, including the Companies Act 2006, tsxation legislation. data protection. employment, and health and Safety legislation.. We assessed the extent of compliance wth the laws and regulations identified above through making enquiries of management, reviewing Corresponden wlh relevant regulators.
MOHS WORKPLACE HEALTH LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MOHS WORKPLACE HEALTH LIMITED Audit response to risks Identified We assessed the susceptibility of the Charity's financial Stslemenls to material misstslement, Includlng how fraud might occur. Audit procedures performed included Jt were not limited lo.. Discussions with directors and management as lo Whe they ¢onsidered there was susceptibility to fraud. their knowledge of actual. suspected and alleged fraud., Confirming our understanding of controls by performlng a walk through test or observation and enquiry.. Performing analytical procedures to identify any unusual or unexpected relationships., Challenging assumptions and judgements made by management in arriving at an estimate for the value of freehold property.. Identifying and testing joumal entries., Reviewing unusual or unexpecled transactions., and Agreeing the financial statement disclosures to underlying Supporting documentation. Owing to the inherent limitslions of an audit, there is an unavoidable risk that we may not have detected some material misslalements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing Standards. The MO removed that laws and regulations are from financial transactions, the less likely il is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-¢omplianee with laws and regulation5 to enquiry ot the directors and other management and the inspection of regulatory and legal coiresponden¢e, if any. Material misstatements that arise due to fraud can be harder lo detect than those that arise from error as they may involve deliberate Concealment or colluslon. A further description of our responsibilib'es is available on the Financtal Reporting Council's website al.. https.'Il www.frc.org.uklaudilorsresponsibililies. This description fomis part of our audi5 Port. Use of our report This report is made solety to the ¢ompany's members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been Ljndertaken $0 that we might slate lo the company's members those mallers we are required lo stale to them in an auditor's port and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the company and the company's members as a body. for our audit work. for this report, or for the opinions we have formed. Blake Morris (Senior Statutory Auditor) for and on behalf of CK Audit 17 October 2024 Chartered Accountsnts statutory Auditor No 4 Castle Court 2 Casllegate Way Dudley West Midlands DY14RH 10-
MOHS WORKPLACE HEALTH LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unmstrictsd Endowment fund$ funds 2024 2024 Total Unrestrlcted Endowmènt funds funds 2023 2023 Totsl 2024 2023 Notss Income from: Charitable activities Investments 1,717,060 3,298 1,717,060 3,298 1,615,152 544 1,615,752 544 Total income 1.720,358 1.720.358 1,615,696 1,615,696 Charblable activities 1.671,538 1.671.538 1.709.277 1,709,277 Net incomo1I9xpendlturel and movement in fund$ 48.820 48.820 193,5811 {93,581) Reconclllatlon of funds: Fund balances al 1 April 2023 1,429,916 40,172 1,470,088 1,523,497 40,172 1,563,669 Fund balances at 31 March 2024 1,478,736 40,172 1,518,908 1,429,916 40,172 1,470,088 The statement of financial activities includes all gains and losses COgnised in the year. All income and expenditure derive from continuing aclivilies. The note5 on pages 14 to 23 form part of these financial ststemenls. 11
MOHS WORKPLACE HEALTH LIMITED BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets 10 980,762 1,017,828 Currentassets Debtors Cash at bank and in hand 11 253,065 419,953 252,501 331.175 673.018 583,676 Crndltors: amounts falling due wtthln ono y&ar 12 134,872 131,416 Net current assets 538.148 452,260 Total assets less current liabilities 1,518,908 1,470.088 The funds of the charlty Endowment funds Unrestricted funds 13 40,172 1,478,736 40,172 1,429,916 1,518,908 1,470,088 The notes on pages 14 10 23 form part ofthese financial statements. The fin co lalemenls were approved by the directors on 17 October 2024 MrDALyna Trusteo Company registration number 00731728 (England and Wales) 12-
MOHS WORKPLACE HEALTH LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from operating actlv5tles Cash generated fromllabsorbed by) operations 18 94.536 115,5421 Investin9 activities Purchase of tsngible fixed assets Investment income received 19,0561 3,296 (54.9181 Net ea5h used in investlng actlvltiè$ {5,758) {54.3741 Net cash used In finan¢ing activities Net Increaselldecreasel In eash and cash equivalents 88.778 {69.9161 Cash and cash equfvalonts al beginning of year 331,175 401,091 Cash and ¢a¥h equivalents at ènd of year 419,953 331.175 The notes on pages 14 to 23 form part ofthese financial statements. -13-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng poli¢ios Charlty infomiation MOHS Workplace Health Limited is a private company limited by guarantee incorporated in England and Wales. The register$d office is Petit House, 83 Birrningham Rood, West Bromwch, West Midlands. B70 6PX. 1.1 Acctsuntlng conventlon The financial statements have been prepared in accoidanc8 with the charity's governing document, the Companies Act 201A and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities pieparing their accounts in ¥ecordance with the Financial Reporting Standard applicable n the UK and Republ1¢ of Ireland IFRS 1021. las amended for accountin9 Periods commencing from 1 January 20161. The charity is a Public Benefit Entty 88 defined by FRS 102. The finan¢lal $18lements are prepared in Sterling, which is the fvnctional currency of the charity. Monetary amounts in these financial statements 8re rounded to the n$are81 £. The financial statements have been prepared undttr the historical cost eonvenlion, modified to indude the revaluation ol freehold properties al fair valua. The principal accounting pollcitrs adopted are set out below. 1.2 Going ¢one•rn At the time of approving the ffnancial statements, the directors have a reasonable expectation that the charity has adequate resource5 to continue in operational existence for the foreseeable future. Thus the direelors continue to adopt thtr going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the directors in furtherance of thè general objectives of the charty. Unrestricted funds include a revaluation reserve representing the restatement of freehold property at market value. Endowment funds are subject lo specific conditions by donors that the capital must b8 maintained by the charily. 1.4 Income Income is recognised when the charity Is legally entitled to il after any performance conditlons have been met. the amounts can be measur8d reli8bly, and il is probable that income will be received. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obllgalion lo transfer economic benefit to a third pariy, it is probable that a transfer of economic benefits will be required in seltlement, and the amount of the obligation can be measured reliably. Expenditure is classified by a¢livity. The costs of ea¢h activity are made up of the total of direct costs and sharèd costs, induding support C051s involved in undertaking each acb'vity. Direct costs attributable to a single activity are allocated dire¢lly lo that activity. Shared costs which contribute to rnore than one activity and support cos15 which are not attributable to a single aetivrty 8re apportioned between Ih03e activities on a basis consistent with the use of resources. Central staff c0515 are allocated on thè basis of lime spenl. and deprèciation charges are allocated on the portion of the assefs use. Expenditure is recognised on an accrual basis as a liability is incurred. The company opèrates a partialty exempt vat scheme. Irrecoverable val is written off in the year 85 an administratNa 8xpense. 14-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polle1¢$ Icontinuedl 1.6 Tangiblè fixed assets Tangible fixed asset$ ale initially measured at cost and subsèquently measured al cost or valuation, net of depreaation and any impairrnent losses. Depreciation is rècognised so as to write off the cost or valuation of 8$sels less their residual values over their useful lives on the following bases.. Land and buildin9S Plant and machinery Fixtures, fittings & equipment Motor vehicles 2¢/0 Straight line 25% straight line 25Y¢ straight line 25Yo reducing balance The gain or loss arising on the disposal of an asset Is determined as the difference between the sale proceeds and the carying value of the asset. and is reGogni5ed in the statement of finanaal activities. Propettie5 whose fair value can be measured reliably 8r8 held under the revaluation model and are Caiiied al revalued amount, u$ any additions after the last obtained professional valuation, less any subsequent accumulated depreciation. The fair value is Igviewed on an annual basis by the Trustees. Revaluation gains and losses 8re re¢ognised in other recognised gains and losses and awumvlated in equity, except to the extent that a iev8lualion gain reverses a revaluation loss prevlously recognised in net incomel (expenditure) or a revaluation loss exceeds the accumulated revalualion gains recognised in equity- such gains and loss are recogni$ed in the SOFAfor the year. 1.7 Impairment of fixed assets At each reporting end date, the charity reVw$ the carrying amounts of its tangible a55ets lo detemiine whether there is any indication that those 8ssets have suffered an impairment loss. If any such indication exists. the recoverable amount of the asset is estimated in order to ddemin8 the $xlenl of the impaimienl loss (If any). 1.8 Cash and cash equivalents Cash and cash equivalents incde cash in hand, deposits held at call with banks. other short-term liquid investments with original m8luTilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The tharity has elected to apply the provisions of seCtn 11 'Basic Finanaal Instruments, atKI Section 12'01her Fln8n¢ial Instruments Issues. of FRS 102 to all of ils financjal instruments. Financial instruments are recognised in the charivs balance sheet whèn the charity becomes party to the contractual provislons of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the rectsgnised amounts and there is an intention lo settle on a nel basis or lo realise the asset and settle the liatility simultaneously. Basle financial assets Basic financial sssals, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently ¢arried at amortised cost using the effective Interest method unle5S the arrangement constitutes a finan¢xng transaction, where the transaction rs m&asured 81 the present value of ihe futUl8 re¢ejpls discounted at a market rate of inlere$L Flnan¢ial assets dassified as receivable within one year are not arnortised. 15-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcleg Icontlnuedl Baslc flnanei31 liabilltles Basic finanaal liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement con5tilules a financing transaction, where the debt instrument 1$ measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year aro not amortised. Trade ¢reditor8 are obligations to pay for goods or services that have been acquired in the ordinary course of operation5 from suppliers. Amounts payable are classrfied as Current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilitlE5. Trade creditors are recognised initially al transaction price and subsequently measured at amorts'sed cost using the effective interest method. Derecognition gf financial liabilltle5 Finanaal liabslities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the pertod in which the employee's setwice$ are received. Termination benefits are recogni5ed imrnediately as an expense when the charity is demonstrably ¢ommitted to teminate the employment of an employee or to provide termination benefits. 1.11 Retirement benefits The Charity operates a defined contributions pension scherne. Contributions ara charged in the accounts as they become payable In accordance with the rules of the scheme. 1.12 Debtors Trade and other debtors are recognised al the settlement amount due aftèr any Irade discount offered. Prepayments are valued al the amount prepaid after taking accounts of any trade discounts due. 1.13 Credltors and provisions Creditors and provisions are recognised wher& the charity has a present oblig8lion resulting from a past event thal will probably result in the transfer of fijnds lo a third party and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after alltswing for any trade discounts due. Critical accounting estimates and judgèmènts In the application of the charivs accounting policies, the directors are required lo make judgements, e$limates and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other sourGe5. The eslimates and as50¢181ed assumptions are based on historical experience and olher factors that are considered to be re18vanl. Actual results may differ from these estimates. The estimales and underfying assumptions aro reviewed on an ongorng basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the Vision and future peiiods where the revion affects both curr8nl and future periods. Key sourcès of estimation uncertalnty 16-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critlcal aecounting estimates and Judgèments (Continued) Valuation of land and bulldings Land and buildings are valued based on the last professional valuation carrlèd out in August 2017 adjusted for additions and depreciation since that dale. The directors do not consider the current market value to be materially different to the net book Value of £931,015 (2023- £947.3001. Income from ¢haritsble activities Unrèstrictsd funds 2024 Unrestrlcted fund¥ 2023 Charltsble activities Income from occupational health services 1,717.LKO 1,615,152 Income from investments Unrestricted Unrestricted funds funds 2024 2023 Intèrtrst receivable 3,298 17-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on charltablè activlfles Charltablè a¢tlvities 2024 Charitsble activities 2023 Direct costs Stsff costs Depreciation and impaim8nl Direct costs Consultants Stsff training Cars 399,437 1.337 97.569 378.439 1.111 16.572 392,103 8,135 127,837 398,842 179 17,062 894,465 944.158 Share of support and govarnanee costs {see note 61 Support Governance 681.555 95,518 670,186 94,933 1.671,538 1,709,277 Analysis by fund Unrestricted fund5 1,671,538 1,709.277 Support ¢o¥ts allocated to aetlvltle$ 2024 2023 Staff costs Depreaalion Premises Phone and postage Marketing Laundry Other staff costs Unrecovered VAT Bad debts Sundries Bank charges Governance costs 394.779 44.785 146,972 23,754 7.162 14,605 12,455 25,906 2.437 7,066 1.834 95.518 362,826 63,370 115,960 23.415 18.312 16,195 31,486 29.875 3,482 4,178 1,087 94.933 777,073 765,119 Analysed betw•èn: Charitable activities 777,073 765.119 18-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Directors The Articles ofAssociation were amended in the year lo 31 March 2011 to enable employees lo be appointed to the Board. The remuneration of these dlrectors relate lo their roles as employees. they are nol remunerated for the role as directors. Employees The avarag$ monthty number ofemployees during the year was.. 2024 Number 2023 Number Doctors Management Adminislralion Health Screèn Technicians Healih & Safety Trainers Occupational Health Advlsors Marketing 10 Total 23 24 Employm•nt eo¥ts 2024 2023 Wages and salarie3 Social security costs Other pension costs 814,944 35.819 21,824 731,644 66,045 32,005 872.587 829,694 The numbeT of employees whose annual remuner81ion was more than £60,000 is a8 follows= 2024 NuMr 2023 Number £60,IK)1 10 £70.000 Of the employees whose omolumenls exceed £60,000. 1 has retirement benerrts accruing under defined bemfrt pension schemes. Rgmuneratlon of key managamènt personnel During tha year the charity entered into the following transactions with related parties.. 2024 2023 Aggregate compensation 149.952 144.871 19-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees Icontlnuedl Included in the above is the Chief Executive and thg Chief Occupat¢onal Health Advisor. Taxation The charity is exempl from tsxalion on its activities because 811 its incorne is applied for charitable purposes. 10 Tanglblè fixed assets Land and bulldln9S Plant and machlnery FlxiiirÈs. flttln95 & eqvlpment Motor vehl¢l95 Total Cost or valuation At 1 April 2023 Additions Disposals 1,037,522 136.088 546,919 5.556 3.502 1123,5701 1389.508) 104,693 1.827,222 9,058 {493,078} At 31 March 2024 1,037.522 20,074 180,913 104,693 1,343.202 Depreciation and Impalrm8nt Al 1 April 2023 Depreciation charged in the year Reversal of past impairment Eliminated in respect of disposals 90,222 16,285 136,336 2,155 485,129 28,500 97,709 3.985 14.8031 809,396 50,925 14,8031 (493,0781 1123,570) {369.S081 At 31 March 2024 106,507 14.921 144,121 96,891 362,440 Carrying amount Al 31 March 2024 931.015 5,153 36,792 7,802 980,762 At 31 March 2023 947.300 1,752 81,791 6,985 1,017,828 Land buildings are valued baséd On Ihe18sl professional valuation cathed out in Augus12017 adjusted for additions and depreciation since that dale. The directors do not ¢onsider the current market value to be m81erially different to the nel book value. At 31 March 2024, had the revalued assats bgen caTiied al historic cost less accumulal8d depreciation and accumulated impaiment losses. their carryin9 amount would have been approxirnatety £918,684 12023 £934,969). -20-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Debtors 2024 2023 Amounts falling due within one year: Tradè debtors Prepayments and accwed income 249,672 3,393 247,793 4,708 253,065 252,501 12 Creditors: amounts fallin9 due within one year 2024 2023 Other taxation and social security Trade creditors Olhei cieditors Accruals and deferred income 55,845 43,352 51 35.624 52,525 64,107 14,784 134.872 131,416 13 Endowment funds Endowment fvnds répresent as5els which must be held permanently by the charlty. Income arising on the endowment funds can be used in accordance with the objects of the charity and 15 included as unrestricted income. Any capital gains or losses arisFng on the assets forni part of the fund. At 1 Aprll At 31 Mareh 2023 2024 Pormanent endowments 40.172 40,172 Previous year: At 1 April At 31 March 2022 2023 Permanent ¢ndowments 40,172 40.172 21
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Unrèstricted funds The unrestricted lunds of the charity compTi8e the unexpended balances of donations and grants whrch are not subject to specific conditions by donors and grantors as to how they may be used. These include designated fun¢ts which have been ¥el aside out of unrestricted funds by the trust8ès for Specif purposes. At 1 April 2023 Incoming resources Resources At 31 Mah expendèd 2024 Revalvalion reserve General funds 12,331 1.417,585 12,331 1.466.405 1.720.358 {1,671,538) 1,429,916 1,720,358 11.671,538) 1,478.736 Previous year: At l April 2022 In¢oming resources Rasourees At 31 March Èxpended 2023 General funds 1,523,497 1.615.696 11,709.277) 1.429,916 15 Analysis of net assets between funds Unrestrlet•d Endowment funds funds 2024 2024 Total 2024 Fund balances at 31 March 2024 are represènt by.. Tangible assets Current assetsllliabilitl851 940,590 538,146 40.172 980,782 538,146 1,478.7 40,172 1,518.9)8 Unrostricted Endowmènt funds funds 2023 2023 Total 2023 Fund balanees at 31 March 2023 are represented by: Tangible assets Current asselsllliabilities) 977.658 452,260 40.172 1,017,828 452.260 1.429,916 40,172 1.470.088 22-
MOHS WORKPLACE HEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Operating lease commitments Lessee Al the reporting end date the charity had outstanding commttments for ILrturè mlnlmum ltrase payments under non-cancellable operating lease5, which fall due as follows-. 2024 2023 Wthin one year Between and five years 2,779 4,400 2,779 7,179 7,179 9,958 17 Rolat*d party transaGtlons Tran$a¢tions with related partles During the year one of the directors invoiced MOHS Workplace Health Lirnited for consultant setvices to Ihè value of £Nil 12023 - £36.2981. At the year-end a balance of £Nil {2023 - £1,994) was owed to ona of th& dSreclors. 18 Cash generated from operations 2024 2023 Surpluslldefiatl for thè ygar 48,820 193,5811 Adjustment5 for.. Investment income recognised in statement of finand81 a¢tivitie$ DeprerAation and Imp8lmenl oftsngible ffixed assets {3,298) 46,122 15441 71,505 Movements in working capital.. Ilncreaselldècreasg in debtors Increaselldecreasel in creditors {564) 3,456 41.947 134,8691 Ca$h gtrnerated froml{absorbed by) opÈr4tioDs 94,536 115,5421 19 Analysls of Changes in net funds The charity had no matèrlal debt during the year. -23-
mvhs workplace health info@mohs.co.uk 1 01216014041 1 www.mohs.co.uk MOHS Workplace Health Ltd 1 83 Birmingham Road I West Bromwich B70 6PX briwy h£oiÉh Èo lik Charity number- 230407
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