2021-03-31-accounts - The Haemophilia Society

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THE HAEMOPHILIA SOCIETY Annual report and financial statements: 2020/21 Registered charity no. 288260 Iscotland SC0397321 Company limited by guarantee reg. no. 01763614

Contents
Charity reference and administrative			details		.....		.2-3
Chair's statement.							.4-6
Trustee's annual report (including		directors'			report and strategic report)...		..7-23
Independent auditors' report							24-27
Statement offinancial activities	(including			income and expenditure		account)
Balance sheet							.29
Statement ofcash flows.							.30
Notes to the financial statements		.					31-45

Year ended 31March 20	21
				2021			2020
			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total	Toter
		Note
Income and endowments	from:
Donations and legacies		2	382,318	274,380	625	657,323	756,472
Charitable activities		3	72,941	3,750		76,691	117,210
Investments		4	40,643	934		41,577	39,620
Other			39,364			39,364	11,442
Total income and endowments			535,266	279,064	625	814,955	924,744
Expenditure on:
Raising funds		5	86,352	28,868		115,220	99,041
Charitable activities		6	534,474	121,824		656,298	850,830
Total expenditure			620,826	150,692		771,518	949,871
Net (losses) / gains on investments			111,609			111,609	(16,145)
Net income / (expenditure)		9	26,049	128,372	625	155,046	(41,272)
Transfers between funds
Net movement in funds			26,049	128,372	625	155,046	(41,272)
Reconciliation offunds:
Total funds brought forward			1,379,544	22,635	14,125	1,416,304	1,457,576
Total funds carried forward			1,405,593	151,007	14,750	1,571,350	1,416,304

Year ended	31Mar	ch 2021
				2021	2020
			Note	f	f
Fixed assets
Tangible assets			13	11,084	15,609
Investments			14	1,395,552	1,183,943
				1,406,636	1,199,552
Current assets
Debtors			15	181,251	84,605
Cash at bank and in		hand		56,016	201,892
				237,267	286,497
Creditors: amounts		falling due within one year	16	(72,553)	(69,745)
Net current	assets			164,714	216,752
Net assets				1,571,350	1,416,304
Charityfunds
Endowment	funds		17	14,750	14,125
Restricted funds			17	151,007	22,635
Unrestricted	general	funds	17	715,802	586,773
Local group	funds		17	57,766	53,387
Designated	funds		17	632,025	739,384
Total charity funds				1,571,350	1,416,304

Year ended 31March 20	21
			2021	2020
		Note	f	f
Net cash flow from operating activities		19	(84,448)	89,888
Cash flow from investing	activities
Payments to acquire tangible fixed assets			(3,005)	(13,382)
Net cash flow from sale and purchase offixed asset investments			(100,000)	(50,000)
Interest received			41,577	39,620
Net cash flow from investing activities
			(61,428)	(23,762)
Net increase / (decrease)	in cash and cash equivalents		(145,876)	66,126
Cash and cash equivalents	at 1April 2020		201,892	135,766
Cash and cash equivalents	at 31March 2021
			56,016	201,892
Cash and cash equivalents	consists of:
Cash at bank and in hand			56,016	201,892
Cash and cash equivalents	at 31March 2021
			56,016	201,892

		2021	2020
		6	6
Donations	from individuals	100,365	93,274
Legacies		220,294	351,226
Grants and	trust income	6,700	21,390
Corporate	income	318,330	274,086
Gift Aid		11,634	16,496
		657,323	756,472

			2021	2020
			f	f
Local group	activities		4,526	2,051
Community	fundraising	and events	72,165	115,159
			76,691	117,210

		2021	2020
		f	f
Interest	- fixed interest securities	41,577	39,619
Interest	- deposits		1
		41,577	39,620

	2021	2020
	f	f
Direct costs	32,337	31,366
Support costs	82,883	67,675
	115,220	99,041

	Activities	Activities	erantfundinrof	SUpport costs	Total
	undertaken	directly	activities
	6
Communications		50,744		73,417	124,161
Membership		12,688		18,037	30,725
Services		56,047		266,588	322,635
Advocacy and influencing		17,554		32,785	50,339
Corner stone project		20,079			20,079
Public inquiry		7,606		99,753	107,359
Tanner Fund grants			1,000		1,000
	164,718		1,000	490,580	656,298

Support cost	2021		Basis of	Raising	Charitable	Total
			allocation	funds	activities
Governance			'lt ofdirect costs	1,439	7,411	8,850
Travel, postage and		carriage	%ofdirect costs	1,345	1,750	3,095
Information	technology		%ofdirect costs	3,092	15,931	19,023
Salary costs			%ofstaff time	63,452	395,658	459,110
Depreciation			%ofdirect costs	1,224	6,306	7,530
Office costs (incl. rental)			%ofdirect costs	6,792	34,990	41,782
Recruitment,	training	and temp staff	%ofdirect costs	1,769	9,116	10,885
Other expenses			%ofdirect costs	3,770	19,418	23,188
Total				82,883	490,580	573,463

Support cost 2020				Basis of allocation	Raising funds	Charitable activities	Tots I
Governance				%ofdirect costs	1,186	11,063	12,249
Travel, postage and carriage				%ofdirect costs	1,976	9,807	11,783
Information technology				%ofdirect costs	1,906	17,785	19,691
Salary costs				%ofstaff time	51,765	418,318	470,083
Depreciation				%ofdirect costs	829	7,739	8,568
Office costs (incl. rental)				%ofdirect costs	4,789	44,687	49,476
Recruitment, training	and temp staff			%ofdirect costs	2,603	24,291	26,894
Other expenses				%ofdirect costs	2,621	24,455	27,076
Total					67,675	558,145	625,820
Governance costs
						2021	2020
						6	6
Trustee expenses						110	2,536
Auditors' remuneration		-current year				8,460	8,100
Auditors' remuneration		-prior year
Other expenses						280	1,613
						8,850	12,249
Net income/(expenditure)			forthe year
Net income /(expenditure)			is stated after	charging:
						2021	2020
							6
Government grants						14,090
Depreciation oftangible		fixed assets				7,530	8,568
Operating lease rentals						39,453	42,110
Auditors' remuneration						8,460	8,100

Auditors'	remuneration	remuneration
					2021	2020
					f	f
Fees payable to the		charitable	company's	auditor for the audit ofthe	8,460	8,100
charitable	company's	annual	accounts

								2021	2020	2021	2020
							Number		Number	f	f
Travel, subsistence	and accommodation								7	138	2,536
Included in trustees'		expenses was		f43 (2020:f1,387) paid			directly to third parties.
Staff costs and employee			benefits
The average monthly		number offull-time			equivalent	employees		during the year was		as follows:
										2021	2020
										Number	Number
The total staff costs		and	employee	benefits was as		follows:
										2021	2020
										f	f
Wages and salaries										400,174	409,019
Social security										34,703	34,971
Defined contribution		pension costs								24,233	26,092
Interim staff											13,956
Recruitment and training										5,326	5,935
										464,436	489,973

			2021	2020
660,000	-	670,000	1	1
670,001	-	680,000		1

Tangible fixed assets
	Computers
	end Office
	Equipment
	6
Cost:
At 1April 2020	90,289
Additions	3,005
At 31March 2021	93,294
Depreciation:
At 1April 2020	74,680
Charge for the year	7,530
At 31March 2021	82,210
Net book value:
At 31March 2021	11,084
At 31March 2020	15,609

	COIF	Other
	Investment	investments	Total
			6
Cost or valuation
At 1April 2020	1,182,994	949	1,183,943
Additions	100,000		100,000
Disposals
Revaluation	111,609		111,609
At 31March 2021	1,394,603	949	1,395,552

						2021	2020
						f	f
Equities						949	949
Securities						1,394,603	1,182,994
						1,395,552	1,183,943
The fair value	oflisted		investments	is determined	by reference to the fund price.
Debtors
						2021	2020
						f	f
Prepayments	and accrued income					151,044	26,719
Other debtors						30,207	57,886
						181,251	84,605
Creditors: amounts		falling due within one year
						2021	2020
						f	f
Trade creditors						21,722	11,733
Accruals and deferred			income			35,739	47,499
Other creditors						15,092	10,513
						72,553	69,745

Unrestricted	funds
			Balance	at				Gains	/		Balance at
			1st April		Income	Expenditure		(losses)		Transfers	31stMarch
			2020								2021
				f					f	f	f
Local groups			53,387		4,526		(147)				57,766
Generalfunds			586,773		530,740	(513,320)		111,609			715,802
Designated funds—			401,919			(107,359)					294,560
Public inquiry
Designated funds—			337,465								337,465
Liquidation fund
			1,379,544		535,266	(620,826)		111,609			1,405,593
Restricted funds
					Balance						Balance at
					at 1st	Income	Expenditure			Transfers	31st March
					April						2021
					2020
					f
Talking Red						15,000		(8,524)			6,476
Tanner Fund					2,514			(1,000)			1,514
Memorial Service					2,528			(1,585)			943
Newly Diagnosed						34,080		(17,699)			16,381
AGM						25,000		(25,000)
Ambassadors						22,000		(7,267)			14,733
APPG Project					4,239			(4,239)
Overseas Research					2,995			(2.995)
Booklets						45,500		(28,997)			16,503
Factsheets						1,500					1,500
9Survey						30,000		(14,489)			15,511
Youth Camps						30,000		(3,647)			26,353
Hour Record						53,958		(20,671)			33,287
Journal Subscription						1,092		(1,092)
Checklist						3,000		(2,413)			587
Website						12,000		(9,588)			2,412
Centre Engagement						5,000		(1,486)			3,514
Philip Morris	Art Award				6,251	487					6,738
Howard Abrahams		Memorial	Award		4,108	447					4,555
					22,635	279,064		(150,692)			151,007

Endowment	Endowment	Funds
				Balance				Balance at
				at 1st	Income	Expenditure	Transfers	31st March
				April				2021
				2020
				6
Philip Morris		Art Award		7,500				7,500
Howard	Abraha ms Memorial		Award	6,625	625			7,250
				14,125	625			14,750

Analysis ofnet assets between f	unds
	Unrestricted	Local group	Restncted	Endowment
	funds	funds	funds	funds	Tota I
					f
Fixed assets	1,391,886			14,750	1,406,636
Net current assets	(44,059)	57,766	151,007		164,714
Total	1,347,827	57,766	151,007	14,750	1,571,350

							2021	2020
							f	f
Net (expenditure) / income for year							155,046	(41,272)
Interest receivable							(41,577)	(39,620)
Depreciation oftangible fixed	assets						7,530	8,568
Losses / (gains) on investments							(111,609)	16,145
Decrease / (increase) in debtors							(96,646)	181,292
Decrease in creditors							2,808	(35,225)
Net cash flow from operating	activities						(84,448)	89,888
Pensions and other post-retirement		benefits
The charity operates a defined contribution			pension	plan for its employees.		The amount recognised		as an
expense in the period was f24,233(2020:f26,092).
Financial commitments
The total offuture minimum	lease payments		under non-cancellable		operating		leases for each ofthe	following
periods are:
				2021	2021		2020	2020
			Within 1		Within 1-5		Within 1	Within 1-5
				year	years		year	years
				f		f	f	f
Land and buildings				36,300	24,200		36,300	60,500
Other				5,151	12,020		4,100	6,874
				41,451	36,220		40,400	67,374