DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
Company registration number: 0936855 Charity number: 256751
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2021
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Chairman's statement | 2 - 3 |
| Trustees' report | 4 - 6 |
| Independent examiner's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 - 19 |
DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees
Mr E Swanton, Chair Dr B R Hammond PhD (resigned 16 December 2021) Ms A Thomson MBE (resigned 16 December 2021) Professor J C T Fairbank Mr E C Barnes Mr L Gooblar (resigned 3 August 2021) Mr B Chatterjee (appointed 25 March 2021)
Company registered number
0936855
Charity registered number
256751
Registered office
29 Bridge Street, Hitchin, Hertfordshire, SG5 2DF
Accountants
Menzies LLP, Centrum House, 36 Station Road, Egham, Surrey, TW20 9LF
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021
The chairman presents his statement for the year.
2021 continued to be a challenging year for BackCare but the Trustees put in place measures to secure the long-term future of the charity. These measures were implemented without compromising the efforts that we make to support those living with back pain regardless of cause, while continuing to help prevent avoidable back injury through education and information resources and, finally, maintaining our continued commitment to aid research projects aimed at identifying causes and solutions.
Along with many other organisations, we quickly adapted to the new norm with different approaches and indeed remote working led to cost saving measures for BackCare that will carry on long into the future. During 2021, we have acquired premises on a pro bono basis in two new locations and with the prospect of rising rent on our existing small Head Office space, the Trustees accepted the offer to move from Surrey and we now have satellite offices in Hitchin and Bradford. We hope to add a third satellite office in Scotland in 2022. With tried and tested, remote working we were able to reduce our staff base and reliance on independent consultants. On the advice of our Associate Director, we opted to take more advantage of volunteer resource, which has proved most successful.
As the UK slowly got back to ‘work’, our Branches were able to begin redelivering important therapy sessions. It was a time when employers were seeking support for their workers (many of whom had been faced with make-shift and haphazard working arrangements) and more people, unable to seek face-to-face medical appointments, were calling on our help. As a result, we took more enquiries and delivered the most successful BackCare Awareness Week ever in 2021 with over 500,000 people having direct access to our information resources providing information on avoiding back injury while ‘working from home’, ‘studying at home’ and ‘spending more time at home’.
During 2021 BackCare focused on
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•HOP7, to ensure inclusion of important information related to the handling of people in a pandemic, to be published in 2022
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Ensuring those needing our support by telephone/email were assisted
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Obtaining start-up funds to deliver regional Help Lines which will be operational from 2022/23
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Supporting our Branches
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Making BackCare Awareness Week 2021 our most successful Awareness Week, to date
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TalkBack, the only magazine specifically focused on spinal health
Whilst cost saving measures were introduced, the Trustees are aware of the continued need to raise valuable funds. With one in three people living with back pain at some point of their lives and back injury one of the largest causes of lost work days in the UK today, there is both much demand and much need for BackCare’s work.
During 2021 we raised funds from Trusts and Foundations and some £25,000 from the London Marathon, our largest event of the year. Like all charities, uncertainty meant that we were unable to host other events. However, we have made it our priority to make others aware of the difference a legacy can make to a charity such as ours and are committed to continuing raising awareness in the future. Whilst our income for YE21 was below expenditure, this overspend happened knowingly and was directly related to strong cashflow, the result of a legacy of £60k that was received in this financial year but was attributed to YE 2020 (being the year we were advised of the benefit).
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
We are a small but agile team. Our day-to-day operations continue to be led by a charity Director, with many years of experience working with charities of our size. We have a Trustee base of four, which is proportional to the size of our charity and I would like to thank Dr Bob Chatterjee for joining us as a Trustee this year who sits alongside myself, Professor Jeremy Fairbank and Eddie Barnes, as Trustees. I would also like to take this opportunity to thank our outgoing Trustees, Ann Thomson (MBE), Len Gooblar, and Dr Brian Hammond, who have all dedicated many years of committed service as Trustees to BackCare and, like all our Trustees, without their support over the years we wouldn’t have been able to sustain our service. On that note, Ann continues to support us as minute taker at our Trustee meetings and Brian has taken up the position of Vice President.
As Chair, I am pleased with the progress that we have made on our charitable purpose in the most difficult of landscapes and am committed to supporting the charity over the coming years to improve sustainable income streams and increase our impact on both those living with back pain, and in the prevention of avoidable back injury. We will continue to develop our membership base, produce TalkBack, build new Branches whilst supporting existing ones, develop regional helplines, aid research projects, host BackCare Awareness Week, update our Handling of People publication and continue to assist healthcare professionals and the public alike, in all things spine health related.
The Trustees will set our priorities, but we will continue to seek ideas from back pain sufferers, staff, and professionals alike, to continue our work, as ever, and be the ‘go to’ organisation for back pain solutions.
I look forward to presenting the report for 2022 in next year’s annual report.
................................................ Eamonn Swanton, Chairman Date: 29/9/2022
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
The Board of Trustees presents its report with the financial statements of the Charity for the year ended 31 December 2021.
GOVERNING INSTRUMENT:
The Charity is a company limited by guarantee. It was incorporated on 7th August 1968 and is governed by its Memorandum and Articles of Association.
PRINCIPAL ACTIVITY:
BackCare (registered as the National Back Pain Association) is a Registered Charity under the Charities Act 1993, established to carry out and promote research into the causes, cure and prevention of illness, complaints and disorders in, or associated with the back of the body and other allied conditions, and to publish and make available the results of such research; and the relief of persons who suffer such conditions; and the advancement of education of the public concerning such conditions.
VISION:
To reduce the impact of back pain on society.
AIMS:
- Making a difference to the lives of people with back pain:
To be an independent source of information about the causes, treatments and management of back pain
- Preventing back pain, where possible:
To promote best practice in the diagnosis, treatment and management of back pain
- Working with carers, employers, and families etc to reduce the detrimental effects of back pain:
To prevent incapacity from back pain
OBJECTIVES:
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To produce authoritative and accessible information (evidence-based wherever possible).
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To support people living with back pain through a helpline service.
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To fund research into preventing incapacity and promoting best practice.
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To work with health professionals, employers, trade unions, government departments and statutory bodies to improve access to information, advice and treatment.
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To campaign on behalf of people with back pain through the media and representation on government working parties, appropriate NGOs, etc.
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To support local branches with information, campaigning materials, web pages and insurance (but does not include the provision of Therapies).
ORGANISATIONAL AND DECISION-MAKING STRUCTURE :
BackCare is governed by the Board of Trustees. The Trustees meet at least four times a year to discharge their responsibilities.
CURRENT APPOINTED TRUSTEES:
Dr Brian Hammond PhD (resigned 16 December 2021) Eddie Barnes Professor Jeremy Fairbank Leonard Gooblar (resigned 3 August 2021) Ann Thomson MBE (resigned 16 December 2021) Eamonn Swanton Bob Chatterjee (appointed 25 March 2021)
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEE RECRUITMENT AND APPOINTMENT:
The number of Trustees and makeup of the board is discussed at Trustee board meetings. Trustees may be recruited by asking the membership for volunteers or recommendations, by recommendations from existing Trustees or from individuals who have interacted with the charity and who the Trustees feel would be a good candidate. When a Trustee is proposed and is agreed by the board as a suitable candidate, a due diligence background check is performed before approaching the prospective Trustee to invite them to become a member of the board. The duties and legal obligations of a Trustee are explained/discussed along with any particulars of the role the Trustee is being asked to take up. If the candidate is in agreement this is put back to the board for a final vote before the Trustee is appointed.
STATEMENT OF TRUSTEE'S RESPONSIBILITIES:
Company law requires the Board of Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the Board of Trustees is required to:
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select suitable accounting policies and then apply them consistently.
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make judgments and estimates that are reasonable and prudent.
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Board of Trustees is responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. It is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustees are also responsible for identifying the major risks to which the charity is exposed and to review the systems, which have been established to mitigate those risks.
The Executive Committee recruits, monitors the performance of, advises and directs the charity. It deals with matters that require Trustee decision-making and maintains an overview of constitutional, legal, financial and operational matters to ensure BackCare's compliance with the requirements of the Charity Commission, Companies House and relevant legislation.
There are two nominated Trustees for matters regarding Research and Education and, who advise on an as needs basis. Day-to-day management of the charity is delegated to the Associate Director who reports directly to the Chair on a weekly basis, and who is also responsible to the Board of Trustees.
RISK POLICY:
A process for establishing systems to mitigate those found to be unacceptable, is in place. The Board of Trustees undertakes an annual review of risks.
REVIEW OF PERFORMANCE:
In 2021, BackCare benefitted from the efforts made in the previous year to prepare for the landscape post Pandemic. The Associate Director, Denice Logan Rose has made great progress in ensuring that our BackCare Awareness Week 2021 has resulted in being the most successful to date. Whilst much progress was made on compiling HOP7, there were further delays as a direct and indirect result of Covid 19 - new materials had to be created and existing ones amended which all led to significant delays. However, the Trustees saw this as a worthwhile exercise as our Handling of People publication is held up to be the gold standard in the handling of people within most everyday and emergency healthcare settings, something we want to ensure continues.
FINANCIAL REVIEW:
Whilst we report that expenditure was surplus to income by £50,000 during 2021, we did in fact receive £60,000 of legacy proceeds, that was recorded against YE20, the point that we were first made aware of the proceeds. With increased cashflow this enabled BackCare to extend charitable purpose during 2021, by £50,000, without negatively impacting
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
cashflow.
On a like for like basis, we increased our income during YE21, as no sizeable legacies were recorded in this period, meaning that in real terms our income increased from £117k for YE20 to circa £150k YE21, post pandemic.
RESERVES POLICY:
We ended the year debt free. The Board is, nevertheless, focusing on building reserves to ensure the financial sustainability of the Charity.
Our policy has previously been to hold reserves equivalent to the annual salaries bill (not total operating funds). However, as funds in Branch Accounts are circa £50,000 at any one time, (and specifically for the use of Branch operations), it is prudent to add a further £50,000 to the normal reserves policy to account for this.
GOING CONCERN:
The Trustees are confident that, with the cost saving measures taken during 2021 and with the ongoing work of our Associate Director that the charity will be able to continue to accomplish great things in the years to come. We see Legacy income as an important part of this, and under the guidance of our Director much work is being done to ensure that we follow the lead of other charities in this area. We also continue with events such as the London Marathon, and receive grants from Trusts, Foundations and corporates to support our work. Therefore, it is the Trustees' opinion that the going concern basis of preparation of the accounts continues to be appropriate. Trustees are also responsible for identifying the major risks to which the charity is exposed and to review the systems, which have been established to mitigate those risks. There are two sub-committees, which report to the Board. The Executive Committee recruits, monitors the performance of, advises and directs the Associate Director: it deals with day-to-day matters that require Trustee decision-making; and maintains an overview of constitutional, legal, financial and operational matters to ensure BackCare's compliance with the requirements of the Charity Commission, Companies House and relevant legislation. The Research and Education Committees, assist where appropriate with all matters concerning research and education. Day-to-day management of the charity is delegated to the Associate Director, who reports directly to the Chair of Trustees and is further responsible to the Board of Trustees.
INDEPENDENT EXAMINER :
The independent examiner, Janice Matthews, of Menzies LLP who were first instructed in 2015, is being proposed for reappointment.
This report has been prepared in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................
Mr E Swanton Chairman Date: 29/9/2022
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
INDEPENDENT EXAMINERS' REPORT
Independent examiner's report to the Trustees of National Back Pain Association ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021.
Responsibilities and basis of report
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 30-Sep-2022 Janice Matthews FCA
Menzies LLP
Chartered Accountants Centrum House 36 Station Road Egham Surrey TW20 9LF
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021
| Note Income from: Donations and legacies 3 Charitable activities 4 Other activities 5 Other income Total income Expenditure on: Raising funds 6 Charitable activities Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2021 £ 41,047 41,599 47,679 10,333 140,658 17,807 173,546 191,353 (50,695) 191,606 (50,695) 140,911 |
Restricted funds 2021 £ 9,750 - - - 9,750 - - - 9,750 30,809 9,750 40,559 |
Total funds 2021 £ 50,797 41,599 47,679 10,333 150,408 17,807 173,546 191,353 (40,945) 222,415 (40,945) 181,470 |
Total funds 2020 £ 102,437 9,673 57,834 7,874 |
|---|---|---|---|---|
| 177,818 | ||||
| 17,105 135,716 |
||||
| 152,821 | ||||
| 24,997 | ||||
| 197,418 24,997 |
||||
| 222,415 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 19 form part of these financial statements.
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee) REGISTERED NUMBER: 0936855
BALANCE SHEET AS AT 31 DECEMBER 2021
| Note Fixed assets Investments 12 Current assets Stocks Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total net assets Charity funds Restricted funds Unrestricted funds Total funds |
7,000 21,976 164,903 193,879 (12,410) |
2021 £ 1 1 181,469 181,470 40,559 140,911 181,470 |
7,000 71,175 161,296 239,471 (17,057) |
2020 £ 1 |
|---|---|---|---|---|
| 1 222,414 |
||||
| 222,415 | ||||
| 30,809 191,606 |
||||
| 222,415 |
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Mr E Swanton, Chair
Date: 29/9/2022
The notes on pages 10 to 19 form part of these financial statements.
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. General information
National Back Pain Association is a private company limited by guarantee incorporated in England and Wales. The address of the registered office is disclosed on the company information page.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
National Back Pain Association 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.
2.2 Company status
The Charity is a private company limited by guarantee incorporated in England and Wales. The address of its registered office is disclosed on page 1.
The members of the company are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.
2.3 Going concern
The Trustees are confident that, with the cost saving measures taken during 2021 and with the ongoing work of our Associate Director that the charity will be able to continue to accomplish great things in the years to come. We see Legacy income as an important part of this, and under the guidance of our Director much work is being done to ensure that we follow the lead of other charities in this area. We also continue with events such as the London Marathon, and receive grants from Trusts, Foundations and corporates to support our work. Therefore, it is the Trustees' opinion that the going concern basis of preparation of the accounts continues to be appropriate.
2.4 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
2.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
2. Accounting policies (continued)
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Office equipment - 15 - 33% on cost
2.7 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
Investments in subsidiaries are valued at cost less provision for impairment.
2.8 Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.9 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
2.11 Financial instruments
The Charity 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
2. Accounting policies (continued)
2.12 Operating leases
Rentals paid under operating leases are charged to the Statement of financial activities on a straight line basis over the lease term.
2.13 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
2.14 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
2.15 Exemption from preparing consolidated financial statements
The company, and its subsidiary, Back Care Trading Limited, qualify as small as set out in section 383 of the Companies Act 2006 and are considered eligible for the exemption to prepare consolidated accounts.
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NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
3. Income from donations and legacies
| Donations and legacies Membership subscriptions Total 2020 4. Income from charitable activities Sale of publications and other items Total 2020 5. Income from other activities Income from fundraising events Fundraising events Branch income Total 2020 |
Unrestricted funds 2021 £ 13,352 27,695 41,047 102,437 |
Restricted funds 2021 £ 9,750 - 9,750 - Unrestricted funds 2021 £ 41,599 9,673 Unrestricted funds 2021 £ 31,016 16,663 47,679 57,834 |
Total funds 2021 £ 23,102 27,695 50,797 102,437 Total funds 2021 £ 41,599 9,673 Total funds 2021 £ 31,016 16,663 47,679 57,834 |
Total funds 2020 £ 84,745 17,692 |
|---|---|---|---|---|
| 102,437 | ||||
| Total funds 2020 £ 9,673 |
||||
| Total funds 2020 £ 33,402 24,432 |
||||
| 57,834 | ||||
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
6. Expenditure on raising funds
Costs of raising voluntary income
| Fundraising expenses Wages and salaries Total 2020 |
Unrestricted funds 2021 £ 15,307 2,500 17,807 17,105 |
Total funds 2021 £ 15,307 2,500 17,807 17,105 |
Total funds 2020 £ 13,858 3,247 |
|---|---|---|---|
| 17,105 | |||
7. Analysis of expenditure by activities
| Direct costs Total 2020 |
Activities undertaken directly 2021 £ 173,546 135,716 |
Total funds 2021 £ 173,546 135,716 |
Total funds 2020 £ 135,716 |
|---|---|---|---|
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
7. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Staff costs Talkback costs Publications, Campaigns and Service Provision Rent and rates Professional fees Office costs Bank charges Insurance Equipment costs Website costs Consultant costs Bad debts Branch expenses Trading expenses Total 2020 |
Activities 2021 £ 82,419 13,424 8,168 18,020 3,025 6,690 470 3,431 2,478 177 19,149 113 15,982 - 173,546 135,716 |
Total funds 2021 £ 82,419 13,424 8,168 18,020 3,025 6,690 470 3,431 2,478 177 19,149 113 15,982 - 173,546 135,716 |
Total funds 2020 £ 29,227 22,683 1,682 13,105 3,046 4,831 327 2,948 2,642 1,523 14,295 - 20,963 18,444 |
|---|---|---|---|
| 135,716 | |||
8. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £3,325 ( 2020 - £3,025 ).
9. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2021 £ 82,856 1,431 632 84,919 |
2020 £ 31,394 94 986 |
|---|---|---|
| 32,474 |
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
9. Staff costs (continued)
The average number of persons employed by the Charity during the year was as follows:
| Administrative staff No employee received remuneration amounting to more than £60,000 in either year. |
2021 No. 2 |
2020 No. 2 |
|---|---|---|
10. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) . During the year ended 31 December 2021, no Trustee expenses have been incurred (2020 - £NIL) .
11. Tangible fixed assets
| Cost or valuation At 1 January 2021 At 31 December 2021 Depreciation At 1 January 2021 At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 |
Office equipment £ 4,428 |
|---|---|
| 4,428 | |
| 4,428 | |
| 4,428 | |
| - | |
| - |
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
12. Fixed asset investments
| Cost or valuation At 1 January 2021 At 31 December 2021 |
Investments in subsidiary companies £ 1 |
|---|---|
| 1 |
Principal subsidiaries
The following was a subsidiary undertaking of the Charity:
| Name Company number Registered office or principal place of business Backcare Trading Limited 03745212 Monkey Puzzle House, 69- 71,Windmill Road, Sunbury-On- Thames, Middlesex, England, TW16 7DT The financial results of the subsidiary for the year were: Name Expenditure £ Profit/(Loss)/ Surplus/ (Deficit) for the year £ Backcare Trading Limited (84) (84) 13. Debtors 2021 £ Due within one year Trade debtors 20,080 Other debtors 338 Prepayments and accrued income 1,558 21,976 |
Holding 100% Net assets £ (291) 2020 £ 53 265 70,857 |
|---|---|
| 71,175 |
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
14. Creditors: Amounts falling due within one year
| Trade creditors Other taxation and social security Other creditors Accruals and deferred income |
2021 £ 1,154 6,848 815 3,593 12,410 |
2020 £ 8,706 - 643 7,708 |
|---|---|---|
| 17,057 |
15. Summary of funds
Summary of funds - current year
| General funds Restricted funds Summary of funds - prior year General funds Restricted funds |
Balance at 1 January 2020 £ 166,609 30,809 197,418 |
Balance at 1 January 2021 £ 191,606 30,809 222,415 Income £ 177,818 - 177,818 |
Income £ 140,658 9,750 150,408 Expenditure £ (147,821) (5,000) (152,821) |
Expenditure £ (191,353) - (191,353) Transfers in/out £ (5,000) 5,000 - |
Balance at 31 December 2021 £ 140,911 40,559 |
|---|---|---|---|---|---|
| 181,470 | |||||
| Balance at 31 December 2020 £ 191,606 30,809 |
|||||
| 222,415 |
The restricted fund relates to donations and funding received to support the BackCare helpline.
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DocuSign Envelope ID: 449DB01A-5251-4849-99D9-0DE97832051A
NATIONAL BACK PAIN ASSOCIATION (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
16. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted funds 2021 £ 1 153,320 (12,410) 140,911 |
Restricted funds 2021 £ - 40,559 - 40,559 |
Total funds 2021 £ 1 193,879 (12,410) 181,470 |
|---|---|---|---|
Analysis of net assets between funds - prior year
| Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted funds 2020 £ 1 208,662 (17,057) 191,606 |
Restricted funds 2020 £ - 30,809 - 30,809 |
Total funds 2020 £ 1 239,471 (17,057) 222,415 |
|---|---|---|---|
17. Pension commitments
The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £632 (2020 - £986). Contributions totalling £Nil (2020 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.
18. Related party transactions
At the year end, the charity was owed £Nil (2020: £Nil) by Back Care Trading Limited, a wholly owned subsidiary company. The balance is not interest bearing and is repayable on demand.
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