Charity Registration No. 276899 Company R•glstratlon No. 01396139 (England and Wal8sl FAMILIES NEED FATHERS LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FAMILIES NEED FATHERS LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Current trustees Paul O'callaghan (Chair) Phil Matkham (Tieasuierl Emlyn Jones (Vice Chairl John Baker Alison Bushell Greg Oowning lan Findlay Lèè Grice Jerry Kadin Wayne Martin Ol*Serguei Schkoda Chadty numbor 276899 Company number 01396139 ReglBt8red offlc• Unit Pb.501 The Pill Box Covenlry Roa London E2 6GG Indepondent examlner Katherine Dee FCA 9 Bonhill Street London EC2A 4DJ
FAMILIES NEED FATHERS LIMITED CONTENTS Pag• Chairfs statement Trustees, report Independent examingrf$ report Slalemenl of financial actimlies 10- 11 Balance sheet 12 Notes lo the financial slalemenls 13-25
FAMILIES NEED FATHERS LIMITED Introduction from the Chair FOR THE YEAR ENDED 31 MARCH 2021 Introduction from the Chair The year 2020-21 brought unfofeseen challenges to FNF and separated parents. The covirk19 lockdown made faCe-t[aCe discussions between parents more drfticutt. For parents relying on court support for their child arrangements. delays that were already unacceptable before the pandemic became substantially longer impacting on the mental welfare ol parents and children alike. Cafcass reported in October 2021 that it now t8kes. on average. 53 week5 for private lamity procee(lings lo reach conclusion. For a those children below the age of 13, this would feel like an eternity and contribules lo the damaging. yel avoidable, destruction of children's relationships with onè and often both ol their parents and certainly hall ol their family. During the summer 012021 we were getting report5 of substanlive hearing5 being delayed until 2022. which provides little hope of a parent rebuilding a quality relationship with their children post separation. Family Co(Jrts have been overwhelmed as a result of Ihe challenges of nol having as many face-lo-face hearings and Cafcass h8wng difficulties making arrangements to meet wilh parents and children. compounded by staff self-isolation, etc. The Government launched a non-means-tesled £500 rnedialion voucher scheme in a bid lo alleviate the pressure on the courts. We supt)ort the inilialive and hope rt is successful. However, we are concerned that with rnosl legal-based mediators thi5 will nol go very far and in any case what is needed 15 education prior to mediation or court proceedings. The courts too need to look at rapid early intervention approaches once proceedings begin lo deal wrth any allegalions and restore child arrangements within weeks rather than rnonths and years a5 happens now. Any system thal does not tackle this deficrt 15 not fit-for-purp05e and contributes to parental conflict and hami to children. Our proposed approach is covered in the Strale9y lor Separated Families that we published in April 2020. In June 2021 we re-launched the FNF website wilh new graphics and navigation. We identified gaps in the information available to our service users and every month additional artides are being added. Next year we plan lo cover all significant gaps of guidance lo the growing number of liliganls in person with more accessibility lo courses, including the Surviving Separalion course ihal was tested Ihis year. We will also look al how we further develop our volunteering. The lockdown brought with il predictions in the media of large increa5e5 in dorne5tic abuse. Thankfully. actual police data suggests such fears proved to be over-stated. though every instance of abuse is one too many. In response lo this and in support ol the Domestic Abuse Bill 2021 we devèloped a new FNF Statement on Dome5ti¢ Abuse calling for all wctims (women. men 8nd ¢hildrenl to be better protected. quicker and with an equality of support for each and an ending of shocking situation where the complaining party in family proceedings is supported wrth legal aid, the so called 'inequality of arnis,. leaving thousands of people, mostly f8lhers, having lo lend for themselves under the most dthcull circumstsnces. en this leads lo mi5cairiages of justice both victims and children are harmed. Last year FNF were invited lo contribute to the Psumption of Parental Involvement Review called by the Justice Minister, Alex Chalk MP and lo contribute and an intervener to the Court of Appeal hearing looking into the way family courts deal with serious allegations of domestic abuse. Much work remains to be done on these issues. As we enter 2022, FNF will continue to develop our support for parents and wider farnily members. Our membership continues to grow and our services are in greater demand than ever, we conlinue lo support mothers, grandparents and same-sex couples, but mostly continue to support the 94% of lathers who are forced lo seek the court5 aSS15tance wrth forming. bvil(ling and strengthening their felalion5hip5 with their children. We maintain our external focus on promoting improvemenls in family justice for parents. but above all for children when it is safe and appropriate. Our focus will also bè on developing our incomè, without which we cannot achieve all our ambition5. Finally, I would like to Ihank our dedicaled team of volunteers, our Members, our donors and our siaff for their ongoing commitmènt and support wrthout whom we would not be able to continue with our valuable work. Paul O'Callaghan- Chalr De¢xmber 2021
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 The Trustees present their report and financial statemenls for the year ended 31 March 2021. The financial statements have been prepared in accordan with Ihe accounting poliaes set out in note 1 to the finanual statements and comply wth the d)arity's1govèming documèntl, the Companies Act 2006 and "Accounting and Reporting by Charities.. Slaternent of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irèland IFRS 1021 {effècts've 1 January 20191" Farnilies Need Fathers is a charitable company limited by guarantee and not having share capital. The Trustees are legally responsible for the govemanee and man8gement of FNF. The Board ¢on51sls of a maximum of 12 trustees. Governlng Document The Charity is govemed by its Memorandum and Articles and Ihese were the objects during the year under review.. Obl8ctlvès and actlvltles For the relief of parents and their d)ildren #nd other dose famity members suffering from the consequences of separation by providing advice. assislance and other support and in so doing, helping parents stsy in touch with their children after divorce or separalion., To further the emolional development ol children whose parents havè divorcèd or separated by encouraging shared parenting arrangements.. To conduct study and research into problems Concemed with children who are deprived of the presence ol a parent in their familie5. and inlo the problerns concemed with establishing good relations beeen parents liwng apart from their children. and to publish the useful results of all such study and rasearch in order to èncourage appropriate changes in professional and public opinion., To relieve poor parents by helping lo obl8in and promoling the prowsion ol leg81 advice. assistance and other legal servicES which such persons would be unable to obtain by reason of their lack of means. FNF promote the sharing of legal adwce. We provide support and the benefit of members, extensive experience. How8ver, we 3r9 not able to offer legal 'adwce' oursèlves as we do not employ lawyers. The 2020 AGM agreed lo the following FNF Charter. that we will develop inlo an updated FNF Purposes Statement for approval., We work for the welbbeing of children in separated fafflilies lo ensure they have meaningful relats'on5hips with both par8nts, wider family and friends. We do this by.. providing and encouraging the provision of guidance. support. education and assistance,. ¢ampaigning to raise awareness and address the issues and challengès fa¢ing separated families", promoting and undertaking research into Ihe issues and challenges facAng separated families., emphasising that children need love and care from both parents and their wider families. Stru¢tur• of Goveman¢• and Manag•m•nl The National Counul con51s15 01 up lo 12 Iruslees. 11 rneels approximalety half a dozen limes a year lo discuss Charity business. Decisions are made at these meelings. Trustees are elected at the Annual General Meeting but can be c(Opted by the National Counal when vacanues occur. Appointments last for three years. Offi¢ers are ele¢ted at the fiisl Iruslee meeting after the AGM. Decisions are made by a majority vote, induding trustees who attend wa electronic means. The Chair or Vice Chair ading as Chaii can use a casting vote in the Gase of tied voting.
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Working parties and Committees The National Counul appoints trustees and staff lo work on indiwdual committees and working groups appropriate to specific tasks. e.g. finance. govemance. publications. fvndraising. Finance. Risk and Governance Commillee The Finance, Risk and Governance Committee meets at least four times a year, ahead of lull meebngs ol the National Counul. 11$ main responsibility 1$ lo advise Iru$lee$ on their duty lo ensure all assets of Families Need Fathers are safeguarded and that funds are spent effectively and efficiently in the course of its activities and in line with the charity's objects. It also reviews the governance ol the charity, make iecommendalions lo manaye risks. improve skills on Ihe board and reviews poli$. Membership. staff and volunteers As at the year4n¢J our nUMr of fully paid-up members slood at around 1.SCQ. The number ol lull lime staff by the year end was 2. Families Need Fathèrs was founded by volunteers and volunteering remains Critical to our seM¢e delivery, especially in organising local meeting5 and our national Helpline. Our volunteer5 m8ke a unique contribution with their peer support and knowledge ol the family justice system. We estimate that this year our volunteers continued to contribute over 10,¢)00 hour$ lo our work. W& thank our volunteers for their amazing work and continued dedication. Truste The following Tnjstees served office during Ihe year to 31 March 2021.. Paul O'callaghan (Chairl {Appoinled 5 December 2020 as a Injslee and 16 September 2020 as Company Secretary) Phil Markham (Treasurer) Emlyn Jones lappoinled S December 20201 (Wice Chair} Greg Downing Jerry Karlin 18n Findlay Wayne Martin Lee Grice Alison Bushell Alex Lessing (resigned 5 December 2020) John Baker lappoinled 5 Dernbel 2020) Since the year end we had the following trustees movemenl5'. Mairèad McKèèver {resignèd 14 April 20211 Andrew Crumpton Iresigned 16.09.2021) Oleg-serguei Schkoda (appointed 01.07.20211 Paul O'callaghan took ovèr from Greg Downing as d)aiman in 21st movemr 2021.
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Risk Management The charity has 8 risk management s118legy established to protecl Ihe charity as far as possible from any risks incJuding financial and reputational. We have ¢onlinueil lo protect FNF'S dats and IT slructuies. ensure that the charity is pioperly ¢oveied by appropriate insurance, and lo make sure that we cimply with all aspects of revised charity and company legislation. A Risk Register is reviewed at least annualty by management and trustees. Risks are priorilised and plan5 10 manage these based the impact Ihese might have on Ihe charity and the likelihood of their occurrence. No system ol internal control Is ever able to give absolute assuiance against material misstalemenl or loss. However. the lollowing systems are In place to m"gate major ri5ks'. A two-year business plan and five-year oulline. approved by trustees. Quarterty review ol finanual largets, variance from budgets and non-finanaal perfomiance indicators by staff and Iruslees. In4epth rewew of financial performance by the Finance. Risk and GovemartcE SmMittee. Idenlificalion. and management of risks. reviewed. priorilised and approved by Iruslees. The Trustees have reviewed the major risks Ihal th& ¢harity is exposed to and systems an¢J procgdurgs are either in place lo manage these n5k5 or being developed. A Risk Register is rewewed at least annualty by managemenl and trustees. Risks are priorilised and plans lo manage these based the impacl these might have on the charity and the likelihood of their occurrence. No 8y8lem ol internal control is ever able lo give absolute assuranc 89ainsl malefial misslalemenl or loss. However, the following systems are in place to miligate major risks.. A tsvo-year business plan and five-ye8r oulline. approveil by Iruslees. Quarterty review of finanual targets, variance from budgets and non-finanaal perfomianch indicators by staff and Iruslees. In4epth rewew of financial performance by the Finance. Risk and Governance sUCOmmItte6. Identification. and management of risks, reviewed. priorilised and approved by truslees. The Trustee5 have reviewed the rnajor risks that the ch8nty is exposed lo and systems and procedures a either in place to manage these risks or being developed.
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 How we Deliver Public Benefrt As detailed in the objectives and prin<>pal actimties report our seM¢es a available lo all and as su¢h the charity is believed to have complied with the duty in section 4 of the CharTties Act 2006 to have due regard to public benefit guidan published by the Commission. The Ioss of legal aid funding for piivate family cases starting in April 2013 ha5 driven growth of litigants in person ILiPsl. Latest figures suggest that numbers of applications to family courts are increasing and Government plans lo encourage mediation have nol beèn elle(ai¥e. The 'professional' M¢Kenzie friend industry remains a significant part of the famity justice landscape. Families Need Fathers continue lo uniler pSSUre lo provKle MO and belter support lo the growing number of LIP5 requiring both practical and emolional support. At the FNF Conference in March 2017, the President of the Family Oivision, Sir James Munby described private family law as essentially a 'lawyer free zone,. We have been increasingly representing the voice of LIPS in relevant government and judiaal bodies and we maintain go¢xl relationships with key public figuces, including Sil Andrew McFadane, Baroness Sledman Scott and Jacky fiotto. who all presented al our Conlerence in 2020. Over the next few years, we will develop in the following ways to better meet the needs of non-resident parents.. An indusive organisation We remaln supporters of everyone 8ffected by f8mify separ81ion. We will increase our reach localty, regionally and nationally bolh onling and through addressing g90graphi¢ gaps between local meetings. A Su$tsln•bl• Oryanl$atlon We will seek ways of developing our membership income. We will idenlfy 8nd pursue key lunding partners for larger projeds. We will continue to develop our technology and systems to improve access to our seNces and develop better communication wrth our service users. We will retain, develop and support our talented and dedicated volunteers and staff. A leading oryanisation We will increasingty measure the impact of our seNces. We will work in partnership wth other organisations to reach people and increase our impact. We will share our knowledge nalionalty and inlernationalty. We will use our experience and expertise lo help other organisations deliver high quality services for people with faang the difficulkn'es of family separation. We will prornole intemalional best practice in all relevant areas that influence outcome5 for children in separaled families.
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Activities Undertaken During the Year In response lo COVID-19 we urgently prepare(l and published guidan¢e foi parents lo assist with diffi¢ullies as some parents chose to use the pandemic as a pretexl for denying their children contact time with a non- resident parent, despite the Govemment advice being dear on the maiter. We also increased our focus to strengthen our Helpline wrth additional tsaining and re(xuilmenl. By De¢embei 2021 the Helpline was supported by 18 volunteers and branches received support in running online meetings. We adapted well in the arcumstances, but the pandemic laid bare the fragilily of our serwces nefvlork. More critically the unprecedented demand on family ¢ourts which has proven to be an unsustsinable model for the iesolulion of children's arrangements post separation (private lawl. which Cafca55 now state Involves 97,496 children and 143,129 in total lincluding Ihose in public law proceedings). The strains on litigants in the family justice system are being felt by FNF as morè separatèd parents sèèk support from us and othèr agencies. In response lo this. during the year we developed new ojnlent lor our web511e that was re-launched after the year-end and continues to be developed since then, giving parents more and improved online support. A Surviving Separation ¢ourse was also developed during the yèar and been delivered twice since the year end. We also prepared a paper outlining a Strategy for Separated Familie5 that was shared with Gafcass. the Department of Work and Pension. senior members of Ihe judicAary and other slakeholders as well as being presented to th8 Intèrnational Counul lor Sharèd Parenting IICSPI conferènce in Vancouver on the Intersection ol Shared Parenting and Family Violence. Further work lo develop and promote such a slr81egy will continue in 2022. Tho pandemic resulted in an increaw in the number of Govemmènt, Padiam&ntary, caf$$ and olh&r consultslions on 8 range of issues related lo separated lamilies. FNF were gralefvl for the tspportunity lo provide the perspective ol our service users during the year. These consultations included.. Involvement in the Ministry ol Justice review of the pSuMption of Parental Involvemenl longoingl. Ministry of Justice consultalion wilh FNF service users on repeat applications lo family courts. Ministry of Justice consultation on court fees. Working with the Calcass Leaming and Improvements Board. Assisting Cafca5S Wlth setting up a Family Forum. Contributions to consultations on online court hèarings. Working with the Department ol Work and Pensions Reduong Pafenlal Conflid Programme. Increased frequency ol meetings wilh Ihe Child Maintenance Service in light of pandemic related operational difficutties for parents. Conlribuling as an intervener in the Court of Appeal case 'Re H-N and Others {ChildnI IDomesli¢ Abuse.. Finding of fact hearings), The Justice Comrnittee inquiry into the Future ol Legal Aid. Submission lo the Women and Equalities Committee inquiry into )rOnarUS and the impact on people with protected characteristics. Response to the Home Office call for evidence on their ViolencE Against Women and Girts Strategy. Response to The President of the Family Division's call for emdence relating to Transparency in Family Courts. Towards thè end of the finanual year. Trustees rewewed strategic Priorities and began to recruit a Dirèctor of Operations to help the Charity lo improve its govemance and strengthen growth polenlial. R•vl•w of Flnanclal Posltlon Financial Actwity During the year, FNF received income of £116,689 (20120 £87,713). FNF'S expenditure was £99,379 12019-20 £96.9651. This resufted in a surplus of £17.31012019-20 defictt of £9.2521_ Membership in¢ome was £47.818 12019-20 £47.007). Total reseeS carried forward are £255.420 of which £216,945 are unrestricted I20120 £201,351 were unrestricted).
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 In the year to 31 March 2021, a Covltkimpacted year, the charity's core income trom donalions and subscriptions contracted. However the (sIS allowed us to daim an £10k nStricted grant from the London Borough of Towèr Hamlets in vitus support. In DÈ¢èmber wè re¢eivèd a one-off rèbate from HSBC of £15k, which included interest due to historic overcharging. plus a £5k ontht donation. Savings have been made In oveihead$. primarily on Iiavel costs and we benefited from a biief rent reduction frorn our landlord. The main risk affecting charities like us IS to subscription5 and donations, as rt becomes increasingly difficult to hold fundraising activibes or branch meetings. Wrth reserves still high, we are still very well posiliontrd lo survive this pandemi¢. Following the year end the charity invesled in a Director of Operations to help with service delivery and the charity will run at a deficit as we strenglhen support infrastructurè for members and gèar up for futu fundraising. Inv•8thi•nt Poll¢y The charity s funds continued lo be held in diversffjed accounts to reduce any potential impact from the structural risks in Ihe banking soctor. Minimum balan$ wer& mainlained in curT&nt accounts whenever this W85 practical. R•$eNes Poll¢y and Fundlng Sour¢•s The National CouncAI policy is to keep al least six month5 running costs plus Tedundancy and exit costs for the charity in reserves and this has been met. This policy was re¢entty changed. after obsetving the effe¢ts of COVID. lo increase the charity's cover. These mainly unreslricled funds are available lo invest in ftjrthering the charities aims and objectives. such as branch support and member help facAlities. for example. Unrestricted reseThes stood al £216.945 lor use on general charitable activities and £38.475 are reslricled, mainly for use in the branches. However. unless 5ubslanlial fvrther income is secured the charity anticipates deficit budgets for the next fv40 years as this money is invesled in resourcè$ with tha objective of growing both our reach and potential recurring income. Statement of tru8t•es' r•8ponslbllltl•s The Tru51ee5. who are also the directors of Families Need Fathers Limited for the purpose of company law. are responsible lor preparing the Trustees, Report and the financial statemen(s in accordance with applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally Accepted Accounting Practieel. Company Law requires Ihe Trustees lo prepare financial statements for each financial year which give a true and lair view of the state of affairs of the charity and of the incoming resources and applicatson of resources, induding the inrne and expenditure. of the charitable (x)mpany lor thal year. In prèparing thès8 finanual statements, the Trusl88s are required to.. select suitable accounting polieS and then apply them consistently., - observe the methods and prinuples in the Charrties SORP- make judgements and estsmates that are reasonable and prudent,. and prepare the finanrjal statements on the going cOrM basis unless it 15 inappropriate lo presume that the charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that disdose wrth reasonable accuracy at any tirne the financial position ol Ihe charity and enable Ihem to ensure that the finanaal statements comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of thè charity and hence for taking ieasonable step5 for the prevention and detection of fraud and other itregularf(ie5.
FAMILIES NEED FATHERS LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The trustees, report was approved by Ihe Board of Trustees. Paul O'calla Trustee han (Chalrl
FAMILIES NEED FATHERS LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FAMILIES NEED FATHERS LIMITED I report to the Trustees on my examination of the financial statements of Families Need Fathers Limited (the Charilyl for the year ended 31 March 2021. Responsibilities and basis of report As the Trustees of the charity land also ils directors for the purposes of company lawl you are responsible for the preparation ol the finanual statemenls in accordance wilh the requirements of the Companies Act 2006 Ilhe 2006 Adl. Having satisfied myself that the finanaal slatements ol the charity are not required to be audited under Part 16 of the 2006 Act 8nd 8re eligible for independent examination. I report in respect ol my ex8minalion of the charity's financial Statements carried out under section 145 of the Charities Act 2011 Ithe 2011 Act). In carrying out my examination I have followed all Ihe applicable Directions given by the Charity Commission under section 14515llbl ol the 2011 A¢t. Independent examinerfs statement I have completed my examination. I confirm that no matters have rffle to my attention in connection with the examination gimng me Cause to believe Ihal in any material respect". accounting records were not kept in SpeCt of the ¢harity as required by section 386 of the 2006 A¢l,' or the financial statements do nol accord with Ihose cecords". or the financial statèments do nol comply with the accounting requirgment$ of section 396 of the 2006 Act other than any requirement Ihal the accounts give a true and faif view which is not a matter considered as part of an independent examination.. or the financial slalemenls have not been prepared in 3¢cordance wilh the melhods and principles of the Slaternent of Recommended PracticE for accovnling and reporting by charities applicable to charities prgparing their accounts in accordan¢e with th& Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. I have no concerns and have come across no other matters in wnneclion with the examination lo which allenlion should be drawn in Ihi$ report in order lo enable a propel understanding of the financial Statements to be reached. Katherine Dee FCA 9 Bonhill Street London EC2A4DJ D81ed.. 2111212021
FAMILIES NEED FATHERS LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Current financial year Unr¢stri¢tsd R•$tri¢tsd funds funds 2021 2021 Totsl Totsl 2021 2020 Nots$ wm Donations and legaues Charitable activities Other trading activities Inveslrnenls Other Income 97,152 97,152 3,601 657 82,079 4,982 188 464 3,601 657 134 15.145 15.145 Total Ineomg 113,088 3,801 116,689 87,713 Raising funds 1.726 1.726 1,684 Media Awareness and Policy Public support & assistance 44.166 51,602 44.166 53,487 49,044 46,237 1,88S Total charltabl• •xp•ndlturn 95,768 1,885 97,653 95,281 Total rosources expended 97,494 1,885 99,379 96,965 N•t Ineom•ll•xp•ndlturnl lor th• y•arl Net movèmènt in fund• 15.594 1.716 17,310 19,2521 Fund balances al 1 April 2020 201,351 36,759 238,110 247,362 Fund balancos at 31 March 2021 216,945 38,475 255,420 238,110 The stslernenl of financial activrties includes all gains and losses recognised in the yeaf. All InMe and èxpenditure d9rive from continuing actiwlies. The slalement oi financial activities also complies with Ihe requiremenls for an incorne and expenditure account under the Companies Act 2006. 10-
FAMILIES NEED FATHERS LIMITED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Prior financial year Unr•$tri¢tsd Restri¢t¢d funds funds 2020 2020 Totsl 2020 Notss wm Donations and legaues Charitable activities Other trading activities Inveslrnenls 82,079 771 188 82,079 4,982 188 464 4,211 Totsl Income 83,502 4,211 87,713 Raising funds 1,684 1,684 Media Awareness and Polity Public support & assistance 4B.252 41.300 792 4.937 49,044 46.237 Totsl ¢harltsbh exp•ndltur¢ 89,552 5,729 95,281 Totsl r•8ourC •xp•nd•d 91,236 5,729 96,965 Net in¢om¢llexp*nditurel lor the ye¥rl N•t movèmènt In lund8 {7,7341 11,5181 19,2521 Fund balan¢es al 1 April 2019 209.085 38,277 247,362 Fund bolan¢•$ ot 31 Mor¢h 2020 201,351 36,759 238,110 The siaternent of financial activities includes all gains and losses recognised in the year. All income and expenditure ijerive from continuing actiwlies. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
FAMILIES NEED FATHERS LIMITED BALANCE SHEET AS AT31 MARCH 2021 2021 2020 Motes Flx•d a$s¢ts Investments Currant ass•ts Debtors Cash at bank and in hand 14 24 24 15 20,862 261.274 17,305 236.203 282.136 253.508 Crodltorn.. amounts falllng du• wlthln one year 16 126.7401 115.4221 Nel current assets 255.396 238,086 Totsl a880ts 1088 currnnt liabiliiies 255.420 238,110 Incom• fund8 Restricted funds Unreslri¢ted funds 21 38,475 216,945 36,759 201,351 255.420 238,110 The company is entrtled to the exemption from the audrt requirem8nt cnntained in section 477 of the Companies Act 2006, for the year ended 31 March 2021. The Trustees acknowledge their responsibilrties for ensuring that ihe charity keeps arLounting records which comply with s8Ction 386 of thè Aci and lor preparing financial statements which give a truè and fair view of the slate ol affairs of the cornpany as 81 the end of the financial year and ol rts incoming resources 8nd 8pplicalion of resources, including its income and expenditure. for the finanaal year in accordance with the requirements ol sections 394 and 395 and whiith otheise MplY wrth the requirements of the Companies Act 20( relating lo financial slalemenls, so far as applicable lo Ihe company. The members have not required the company lo obtain an audit of rts financial statements for the year in question in a¢TanCe with section 476. These financial statements have been prepared in accordance with the prowsions applicabk to companies subject to the Small companies regime. The financial statements were approved by the Trustees on 211 12 Paul O'call Trustee han Ichairl Company Registration No. 01396139 12-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting polici•s Charity information Farnilies Need Father5 Ljmiled 1$ a private company limtted by gu3iantee in¢orporated in Engl8nd and Wales. The registered office is Unit Pb.501. The Pill Box, Coventry Road, London, E2 6GG. 1.1 A¢¢ounting convention The accounts have been Pfepared in accordance wilh ihe charitys memorandum and artides of asso¢i81ion. the Companies Act 2006 and "Accounting and Reporting by Chanlies." Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021. las amended for accounting periods commencing from l January 2019). The charity is a publ Benefit Entity as ¢Jefined by FRS 102. The charity has taken advantage of the prowsions in the SORP for charities applying FRS 102 not to prepare a Slalemenl of Cash Flows. The charity had subsidiaries during the year which remain dom)ant. Accordingly no consolidated a¢¢ounls have been prepared. The finanrjal slalemenls afe prepared in sterling. whic* is the functional currenry of the charty. Monetary amounts in these financial statements are rounded to the nearest £. The finan81 statements have been prepared under the hi$lorical rx)st Convention. The prin¢ipal accounting poliues adople(l are sel oul below. 1.2 Golng conc•rn Al the lime of approving the financial ststemenls. the Trustees have a reasonable expectation that the charity has adequale resources lo conlinue in operalional existence for the foreseeable future. Thus the Trustees continue lo adopt the goin9 concem basis of accounting in preparing the financial slalemenls. 1.3 Charftable fund¥ Unrestnded funds are available for use al Ihe disuelion of the Truslees in furtherance of their charitable objectives. Restricted funds are subject lo specific conditions by donors as lo how they m8y be used. The purposes and uses ol the restricied funds are set OLrt in the noles to Ihe financial stalements. 1.4 Incoming resources Income is recognised when the thanty is legalty entrtleil lo rt after any perfomian¢e con¢Jrtions have been met. the amounts can be measured reliabty. and il is probable Ihat income will be received. Cash donations a r9COgnised on receipt. Other donations are re¢ognised on¢e the charity has been notified of the donation. unless performance nditionS require deferral of the amount. Income tax recoverable in relation lo donations received under Grfi Aid or deeds of covenant is recognised at Ihe time of thè donation. Membership subscriptions are in substance donations and are recognised when reived. 13-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies Icontinuedl 1.5 Resources expended Expenditure is recognised once the is a legal or constructive obligaiion lo make a payment to a third party. it is probable that settlement will be required and the amount of the obligation can be measured reliably. Costs of raising fvnds comprise the costs of collecting donations, induding applicable bank charges, operating fundraising and sponsorship events and assouated support costs. Irrecoverable VAT is charged as a c05t against Ihe activity for which the expenditure was incuThed. Costs have been apportioned belween the dtNerent activilies of the charity where they are separately idenlrfiable. Where costs span fflore than one charitable actiwty an estimate is used lo apportion the cost incurred. Those costs incurred in supporting the charitable activities are posted lo support C051s. Support cos15 a150 includes governance costs which are purely those necessary for the charity lo meet the administrative rgquir&menls of the Charrty Commission and other goveming documents. Support costs have been apportioned over charitable aciiwties 50'.50 12020 50'.501 between media awareness & policy." membership and support aclivilies. in line with the esb'maled usage based on staff lime. 1.6 Tanglble fixed g•••ts Tangible fixed assets are inilialty measur8d at cost and subsequ8ntty measured at cost or valuation, n81 of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or v8lualiM of assets less their residual values over their useful lives on the following bases.. Fixtures and fittings over 3 years The gain or loss arising on the disposal of an asset is determined as the difference befvleen the sale proceeds and the carrying value ol the assel, and is iecognised in net incomellexpenditurel for the year. 1.7 Fixed asset investments Fixed asset investments are initially measured at transaction price exeluding transaction Costs, and are subsequently measured al fair value 81 each reporting dale. Changes in fair value are recogni5ed in nel ino)mellexpendilurel for Ihe year. Transaction costs are expensed as incurred. A subsidiary is an entity controlled by Ihe charity. Conlrol is the power to govern the finanaal and operating policies of the enlily so as to obtain benefits from rts a¢tivrt$. 1.8 Cash and cash equivalents C85h and cash equivalents indude cash in h8nd. deposrts held 81 c811 wilh banks. other short-lerm liquid investments with original maturities ol three mnths or less. and bank overdrafts. Bank overdrafts are shown within bofrowings in current liabilrties. 14-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies Icontinuedl 1.9 Financial instruments The charity has elected to apply the prowsions ol Sedion 11 'Basic Finanual Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 lo all of its finanryal instruments. Financial instruments are recognised in the chantys balancè sheet whèn Ihe tharty bècomès party to the conlr8clual prowsions of the instrument. Financial assets and liabilities are offsèt, with the net amounts prèsented in the financial statèments, wh&n there Is a legally enforceable right to set off the re¢ognised amount$ and the is an inlenb'on Its settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial ass•ts 8asi¢ financial assets. which indude debtors and Cash 8nd b8nk b8lan¢es. are initially mèasured al transaction price induding transaction costs and are subsequently carried at amortised cost using the effg¢tive inlgrg$1. Finan¢ial asstls dassified a$ r1Vable within ong year are not amortisgd. 8asl¢ Ilnan¢lal li•billll•s Basic financial liabilities. induding creditors are inrtialty recognised at transaction price. Financial liabilities classified as payable within one year a not amortised. Debt in5trument5 are subsequentty carried at afflortised rSt. using the effective interest rate method. Trade creditors are obligations lo pay fty goods or seN¢es Ihal have been acquired in the ordinary course of operations frorn suppliers. Amounls payable are dassified as current liabilities il payment is due within one year orlgss. If not. they arè Pf8senl8d as non4urrent liabilities. Tiade creditors are recognised initially al transaction price and subsequently measured al amortiseil cost using the effective interest method. D•recognttlon of Iln•ncl41 Ilabllltle$ Financial liabilities are derecognised when the tharity's contractual obligations expire or are discharged or cancelled. 1.10 Employ•e b•nefits The cost of any unused holiday entillement is reo)gnised in Ihe period in which the employee's services are received. Teminalion benefits are reujgnised imme(lialety 8$ 8n expense when the charrty is demonstrably committed to terniinate the employment of an employee or to prowde terniination benefits. 1.11 R•tlr•m•nt bènèfits Payments to defined CntribUtIon retiremenl benefil schemes are charged as an expense as they fall due. 15-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Donations and lègaci•s Unrestricted Unrestricted fund$ ftjnds 2021 2020 Donations and gifts Legacies receivable Grant income Mernbership fees 38,334 1,000 10,000 47.818 35,072 47,007 97.152 82,079 During the year the Charity received £10.000 from the London Borough of Tower Harnlet5 for Coronavirus support. There were no outslanding commrtmenls at the year end in respect of these funds. Charft*bl¢ a¢tlvltl•• 2021 2020 Course and workshop lees Branch income 771 4,211 3,601 3,601 4,982 Other tradSng actlvilles 2021 2020 Trading actiwty income.. sale of FNF branded rtems 657 188 Investments Unrestri¢ted Unre$lri¢ted funds funds 2021 2020 Interest receivable 16-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Othèr income Unrestricted fund$ Total 2021 2020 Refund of historic bank charges 15,145 Raising funds 2021 2020 Transaction charges in receiving donations, grants and legaaes 1,726 1,684 Both current and prior year expenditure was from unreslri¢t&d fvnds. No allocalion ol gengral support Costs is made lo fundraising ad1vil$ due lo the low level ol staff tsme Incued in this area. 17-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Charitabl8 activities Media Public Awareness support & and Pollcy asslstsnc• 2021 2021 Totsl Media Public 2021 Awareness support & and Policy asslstsnc• 2020 2020 Total 2020 Staff costs Communications Slafflvolunteer training Helpline costs Branch & affiliate meeling expenditure Policy rèsearch costs 28.227 594 30.532 1.015 1.187 56.759 1.609 1.187 25,864 1.096 17,446 1,487 1,316 219 43,310 2.585 1,316 219 1.885 1,885 250 4,937 4,937 1,250 250 1,250 29,071 34.619 63.690 28,212 25,405 53,617 Share of support costs (see note 101 Share of govemance costs (see note 101 13.528 16.910 30.438 17,174 17,174 34,348 1,567 1.958 3.525 3,658 3,658 7,318 44.166 53.487 97.653 49,044 46,237 95,281 Analy818 by fund Unrestricted funds Restricted funds 44,168 51.602 95,768 1,885 48,252 792 41,300 4,937 89,552 5,729 44.166 S3.487 97.653 49.0 46,237 95.281 D•8cr1pon of charltabl• a¢tlvltle$ ia Awareness and Polic Campaigning and influencing policy. Public support & assistance via publicalions, websile, helpline and meetsngs induding branch activities. 18-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 10 Support costs Support Governance costs costs 2021 2020 Staff costs Depreciation Bank charges Computer expenses Insurance Office rent, rates and utilities Printing. postage and stationery Temporary staff costs Travel and subsistence Sundry expense$ Telephone & fax 6.528 6.528 2,757 578 174 5,411 3,128 14,908 839 3.225 752 1,984 594 95 3,602 3,146 13,223 11791 1.386 95 3,602 3,146 13,223 11791 1.386 727 1,901 727 1,901 Accounting AGM & meeting expenses Legal lees Trustee travel 2.400 2,400 2,550 1,820 548 1,12S 1,125 30,438 3,525 33,963 41,664 Analysed befv4een Charitable activities 30.438 3.S2S 33,963 41,664 The charity pay5 for trustees insurance a5 part of the general office and commerual insuranee. No estimate ofthe separate cost has been induded in these accounls. Governance Costs indudes payments lo the indèpèndent examiners of £2,40012020- £2,400) for accounts preparation and examination lees. All 8fflounts indude VAT. 11 Trust••8 No Iruslees were reirnburseil travel. $ub5151ence an(J accommodation expenses during the year1202Ck 1- £4461. 19-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 12 Employeès Number of employees The average monthly number ol employees during the year was.. 2021 Number 2020 Number Total full or part tsme employees Employment costs 2021 2020 Wages and salaries Social security costs Pension rStS 60.1B2 2.104 3.001 42.299 1,519 2,249 65.287 46,067 There were no employees whose annual remuneralion was £60. or more. Social security cost is slated after the deduction of the Employment Allowance. 13 Tanglbl• fix•d a88•ts Flxtsrn• and Ilttlng• Cost At 1 April 2020 15,483 Al 31 March 2021 15,483 D•pr•clatlon and Impalrni•nt At 1 April 2020 15,483 Al 31 March 2021 15,483 C¥rrying amount At 31 March 2021 Al 31 March 2020 -20-
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 14 Fixèd ass8t investhients Other investments Cost or valuation Al 1 April 2020 & 31 March 2021 24 CarrySng amount At 31 March 2021 24 Al 31 March 2020 24 2021 2020 Other inve51menls comprise.. Notes Investments in subsidiaries 24 24 Both the subsidiaries are dormant and have never traded. Accordingly, no consolidated accounts are prepared. 15 D•btor• 2021 2020 Amounts lalling due within one year: Grft Aid due Other debtors Prepayrnents and accnjed income 11,222 6,839 2,801 8,293 6,245 2,767 20.862 17,305 16 Crndltors: amounts falllng due wlthln one year 2021 2020 Other taxation and sooal security Trade credrtors Other creditors Accruals and deferred income 2,408 3,095 9,760 11,477 1,289 3,125 11,008 26.740 15.422 21
FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 17 Dafinèd contribution schgm•s The charity operates a defined contribution pension scheme for all qualtfying employees. The asset5 of the scherne are held separatety from those of the chanty in an independently administered fund. The charge lo profrt or loss in respect of defined (¥Jnlribulion s(*emes was £3.00112020- £2.2491. £7,415 is accrued in respect of historic contractual contritrwjtions payable on behalf of employees12020- £6,940). 18 Operating leaBe commitment8 The office premises are occupied under an ocojpation agreement with a cuffenl pa55ing rent of £1.234 per month. The lince is short-term and is subject to six months. notice. Accnrdingly, the non-cancellable commitment at the balance sheet dale equalled £7,40412020- £7,050). 19 R•lated party tran¥action• There were no disdosable related party transactions during Ihe year 12020- none) fvrther than those described In note 11. and no Iruslees received remuner81ion from the ch8nty. During th¢ 2019 yèar FNF Both Parènts Matter Ltd and Both Parenls Matter Ltd were formed with a Share capital of £12 each. The sh8res were held on behalf of the charrty by 8 Iruslee. J Karfin, until they could be re.registered in the name of the charily. At the year-end J Karfin was owed t24 for the lolal Share capital of the companies. This liability was settled on the 7th May 2021. Key management personnel . One member of staff provided key management Services lo the charity during the year with a total cost, induding Employers National Insurance and pension contributions of £41,7891202fk £37,002). 20 Analy81s of n•t assets b•tw••n funds General Restricted Fund funds 2021 2021 Totsl General Reslricled Fund funds 2020 2020 Total 2021 2020 Fund balances al 31 March 2021 are represented by.. Investmen15 Current 8sselsl 24 24 24 24 216,921 38.475 255.396 201,327 36,759 238,086 216.945 38,475 255.420 201,351 36,759 238,110
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FAMILIES NEED FATHERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 22 Limitsd by Guarnnte• The chartsble company's legal Structu 1$ Ihal of a company limileil by guaianlee. In the event of the company winding up each member is liable lo contribute to any defiry"t to a maximum of £10 per member. -25-