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2021-07-31-accounts

Page
Report ofthe Trustees 1to16
Report ofthe Independent
Auditors		 17to 19
Statement of Financial
Activities		 20
Balance Sheet 21to 22
Cash Flow Statement 23
Notes to the Cash Flow Statement 24
Notes to the Financial Statements 25 to47

Significant activities Significant activities
Significant
activities		 undertaken by NICE during the year ended 31 July 2021 to help children and adults who have a
primary
neurological		 movement disorder include the following.
o The Milestone Club For children aged between 0 and 3years ofage working alongside
parents/gua rdia ns.
o The Red Boots Nursery For children aged between 3and 3years of age.
o The Red Boots School For children aged between 5and 11years ofage following a primary
school curriculum.
o Intensive
movement		 For children aged between 7 and 14years ofage receiving 2 or 3week
training block placements.
o Mainstream
school		 For children with developmental co-ordination
disorders,
sessions
o Adult Conductive Regular sessions for adults living with the effects of Parkinson' s, strokes,
rehabilitation multiple
sclerosis, cerebral		 palsy and other neurological movement disorders.
and treatment

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE FOUNDATION FOR CONDUCTIVE EDUCATION IREGE5TERED NUMBER.. 20837541 A further descrfption of our responslbllltles for thè audlt of the finèncial statemènts is located orb the Financial Reportlng Council's webslte www.frc.or8.uk/Our-WorVAuditlAudlt-and-assurancelStandards-anck gu1dancelstandards-and-8uidan￿f0r-auditor5lAud1t0rS-reSP0nSib1l1t￿eS-tOr-aydi￿De$crIpt1on-ol-3ud1tOr$- responslbllltles-for-audit.aspx. Th15 descrlptlon forms part of our Report of the Independent Auditors. Use ofour r•port Thls report is made solely to the chariiable ctsmpany's rnembers, as a body. In accordance wlth Chapter 3 of Part 16 of the Companles Act 2006. Our audit work has been undertaken $0 that we ml8ht stste to the charitable company'5 members those matters we are requlred to state to them In an audltors, Teport and for no other purpose. To the fullest extent perm5tted by law, we do not accept or assume respon51bllty to anyone gther than the charltable company and the charitable cofflpany's members as a body, for our audlt work, for thls report, or for thè opinions we haveformed. PetK Smlth ACA ISenlDr Statutory Audiiorl for and on behalf of J W Hlnks LLP Chartered Accountants and Statutory Audltors 19 Hlghfleld Road Ed8baston Blmiin8ham BIS 38H Dat.. 21 October 2021 Page 19

2021 2020
Unrestricted Restricted Total funds Total funds
fund funds
Note E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 182,535 243,211 425,746 501,441
Charitable
activities
Children's
services		 261,352 261,352 217,035
Adult services 81,510 24,112 105,622 117,454
Training services 164,377 164,377 176,412
Other trading activities 27,548 17,548 64,578
Investment
income		 1
Total 707,322 267,323 974,645 1,076,921
EXPENDITURE ON
Raising funds 57,702 57,702 80,289
Charitable
activities
Children's
services		 320,204 162,954 483,158 491,166
Adult services 69,193 156jI65 225,658 262,452
Training services 201,612 201,612 194,666
Total 648,711 319,419 968,130 1,028,573
Net movement
in funds		 58,611 (52,096) 6,515 48,348
RECONCILIATION
OF FUNDS
Total funds brought forward 904,834 52,096 956,930 908,582
TOTAL FUNDS CARRIED FORWARD 963,445 963,445 956,930

2021 2020
Total funds Total funds
Note
FIXEDASSETS
Tangible assets 15 1,413,091 1,410,699
Investments 16 1
1,413e091 1,410,700
CURRENT ASSETS
Debtors 17 78,981 75,666
Cash at bank and in hand 350 256
79,331 75,922
CREDITORS
Amounts
falling due within one year		 18 (288,068) (253,265)
NET CURRENT ASSETS/(LIABILITIES) (208,737) (177,343)
TOTAL ASSETS LESSCURRENT LIABILITIES 1,204,353 1,233,357
CREDITORS
Amounts
falling due after more than one year		 19 (240,909) (276,427)
NET ASSETS 963,445 956,930
FUNDS 23
Unrestricted
funds		 963,445 904,834
Restricted funds 52,096
TOTAL FUNDS 963,445 956,930

2021 2020
Notes 6 E
Cash flows from operating activities:
Cash generated
from operations		 (30,725) 16,056
Net cash provided
by (used in) operating		 activities (30,725) 16,056
Cash flows from investing activities:
Purchase oftangible
fixed		 assets (5,520) (8,832)
Disposal oftangible
fixed assets		 6,500
Interest received
Net cash provided
by (used in) investing		 activities 980 (8,831)
Cash flows from financing act ivitlesr
New loans in year
Bank loan repayments
in year		 (25,672) (27,151)
Capital repayments
in year		 (1,224) (1,224)
Net cash provided
by (used in) financing		 activities (26,896) (28,375)
Change in cash and cash equivalents in the
reporting
period		 (56,641) (21,150)
Cash and cash equivalents at the beginning ofthe
reporting
period		 2 (25,898) (4,748)
Cash and cash equivalents at the end of the
reporting
period		 (82,539) (25,898)

RECONCILIATION
O		 F NET IN COME TO N ET CASH FLOW FR OM OPERATING ACTIVI TIES
2021 2020
E E
Net Income for the reporting period (as per the statement offinancial
activities) 6,515 48,348
Adjustments
for:
Depreciation
charges		 3,128 3,150
Profit on dispose
I of		 tangible fixed assets (6,500)
Interest received (1)
(Increase)/decrease in debtors (3,315) (45,538)
Increase/(decrease)in creditors (30,553) 10,097
Net cash provided by (used in) operating activities (30,725) 16,056
ANALYSIS OF CHANGES
IN NET FUNDS
At 1.8.20 Cash flow At 31.7.21
E f E
Net cash
Cash in hand 106 94 200
Notice deposits (less than 3 months) 150 (-) 150
Overdrafts
included		 in bank loans and overdrafts
falling due within one year (26,154) (56p735) (82,889)
Total (25,898) (56,641) (82,539)

Freehold
land and property		 Not depreciated
Motor vehicles 20N
Computer
equipment		 25%
Fixtures and fittings 20%

DONATIONS
AND LEGACIES
2021 2020
Unrestricted Restricted Total Tota I
funds funds funds Funds
6 6 6 E
Gifts and donations 181,535 243,211 424,746 500,441
Legacies 1,000 1,000 1,000
182,535 243,211 425,746 501,441
2021 2020
E E
The Alison
Hillman
Charitable		 Trust 5,000 5,000
The Barbara Naylor Charitable Trust 15,000 12,000
The Blakemore
Foundation		 7,500 5,000
The Cadent Foundation 4,548
The Casey Trust 5,000
The D M F Ellis Charitable
Trust		 5,000 4,886
The D'Oyly Carte Charitable Trust 3,000
The Edward and Dorothy Cadbury Trust 5,000
The Edward Gostling Foundation 4,309 4,700
The Eveson Charitable
Trust		 51,115
The Foyle Foundation 20,000 20,000
The G J W Turner Trust 3,000 3,000
The Garfield Weston Foundation 10,000
The George Perkins Charitable Trust 5,000 5,000
The Hobson Charity 3,649
The Keith Coombs Trust 20,000 5,300
The Loppylugs
and Barbara		 Morrison Charitable Trust 4,800 4,800
The Peter Sowerby Foundation 9,721
The Roger and Douglas Turner Charitable Trust 7,000 7,000
The Saintbury
Trust		 6,000 13,000
The Screwfix Foundation 5,000
The Souter Charitable
Trust		 3,000
The Thousandth
Man —Richard		 Burns Charitable Trust 5,000
The Wallace Curzon Charitable Trust 10,000
The 29'" May 1961Charity 10,000
Baron Davenport's
Chartiy		 3,250 4,500
BBCChildren
in Need		 8,186
I Blundell 5,000
M Blundell 3,000
CAF Resilience
Fund		 75,125
Cheshire
Community
Foundation		 4,781
Global's Make Some Noise 24,592 49,000
Oakley Charitble Trust 4,000
Office Agents Society 5,924
Balance carried forward 255,812 248,874

2021 2020
E E
Balance brought forward 255,812 248,874
Orlaith
Cycle Challenge		 55,000
StJames's Place Foundation 40,266 40,266
M Simmons 10,000
T&J Bryan 8,700
Unum European Holding Company Limited 4,704
Veolia 4,380
Balance —anonymous items and donations less than E3,000 in value 114,288 142,897
424,746 500,441
3. OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES
2021 2020
Unrestricted Restricted Total Tota
I
funds funds funds Funds
E E f E
Fundraising events 17,548 17,548 64,578
4. INVESTMENT INCOME
2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Deposit account interest 1
5. INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Children' s Adult Training Total Total
services services services activities Activities
E E E F. E
Children's fees 248,490 248'490 191,738
Grants 11,567 35,678 11,566 58,811 71,720
Other income 1,295 1,293 1,293 3,881 13,253
Rehabilitation fees 68,651 68,651 67,494
Training &consultancy fees 151,518 151,518 166,696
261,352 105,622 164377 531,351
2020 217,035 117,454 176,412 510,901

Unrestricted Restricted
funds funds 2021 2020
6 E 6 E
Big Lottery Fund-
Rehabilitation fund 24,112 24,112 16,074
HMRC
(Coronavirus Job Retention Scheme)-
General fund 34'699 34,699 55,646
$,699 24,112 58,811 71,720
6. RAISING FUNDS
Raising donations and legacies
2021 2020
Unrestricted Restricted Total Tots
I
funds funds funds Funds
E E 6 E
Staff costs 43,350 43,350 58,972
Insurance 1,118 1,118 1,159
Electricity, gas and water 1,667 1,667 1,645
Telephone 414 414 462
Postage and stationery 130 130 218
Sundry expenses 6,558 6,558 5955
(Profit)/loss on disposal offixed assets (390) (390)
Depreciation 187 187 188
Fun dra ising event expenses 4,668 4,668 11,690
57,702 57,702 80,289

Direct costs Support costs Governance Totals
(Seenote 8) (Seenote 9) costs
f f (Seenote 9)
f		 f
Children's services 320,647 158,883 3,628 483,158
Adult services 149,377 74,578 1,703 225,658
Training services 128,647 71,336 1,629 201,612
598,671 304,797 6,960 910,428

2021 2020
Children' s Adult Training Total Tota
I
services
E		 services
E		 Services
f		 Activitiesf Activities
f
Staff costs 308,897 144,507 120,778 574,182 599,680
Travel expenses 115 115 2,832
Accommodation and catering 2,682 12 2,694 2,928
Staff training 900 7,857 8,757 18,452
Recruitment 3,840
Advertising 7,250 3,625 10,875 13,500
Sundry expenses 803 1,245 2,048 633
320,647 149,377 128,647 598,671 641,865

Support co s ts
2021 2020
Total Tota I
activities activities
E E
Wages 130,984 126,895
Social security 12,363 12,335
Pensions 9,739 9,340
Postage and stationery 2,036 3,440
Insurance 17,512 18,165
Electricity, gas and water 26,110 25,761
Telephone 6,483 7,237
Professional fees 7,641 8,328
Sundry expenses 4,246 3,197
Maintenance expenses 17,810 16,519
Equipment rental charges 23,214 22,995
Motor and travel expenses 741 1,654
Staff training 937 524
Recruitment charges 2312
ITsupport and
maintenance 22,535 17,437
Bank interest and charges 5,055 2,736
Bank loan interest 13,018 14,618
Payroll and other charges 4,858 4,944
Hire purchase
interest
charges 372 372
(Profit)/loss on disposal of (6,110)
fixed assets
Depreciation oftangible 2,941 2,962
fixed assets
304,797 299,459
Governance costs
2020 2019
Total Total
activities Activities
E E
Auditors'
remuneration		 6,960 6,960
6,960 6,960

2021 2020
E f
Auditors'
remuneration		 6,960 6,960
Depreciation -owned assets 1,325 1,325
Depreciation —assets on hire purchase contracts and finance leases 1,825 1,825

2021 2020
E E
Wages and salaries 645,197 672,616
Social security costs 54,005 57,915
Other pension costs 71/116 76,691
770,618 807,222
2021 2020
Average monthly
number ofemployees		 during the year 30 31

2020
Unrestricted Restricted Total
fund Funds Funds
E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 180,377 321,064 501,441
Charitable
activities
Children's
services		 214,705 214,705
Adult services 90,461 16,074 106,535
Training services 189,661 189,661
Other trading activities 64,578 64,578
Investment
income		 1 1
Total 739,783 337,138 1,076,921
EXPENDITURE ON
Raising funds 80,289 80,289
Charitable
activities
Children's
services		 208,438 269,553 477,991
Adult services 204,609 54,549 259,158
Training services 211,135 211,135
Total 704,471 324,102 1,028,573
NET INCOME 35,312 13,036 48,348
Transfers between funds (4,292) 4,292
Net movement
in		 funds 31,020 17,328 4S,348
RECONCILIATION OF FUNDS
Total funds brought forward 873s814 34s768 908,582
TOTAL FUNDS CARRIED FORWARD 904,834 52,096 956,930

Motor
vehicles,
Freehold computers
land and and fixtures
property and fittings Totals
E E E
COST
At 1August 2020 1,400,000 101,474 1,501,474
Additions 5,520 5,520
Disposa ls (26800) (26,400)
At 31July 2021 1,400,000 80,594 1,480,594
DEPRECIATION
At 1August 2020 90,775 90,775
C harge for yea r 3,128 3,128
Eliminated
on disposal		 (26,400) (26,400)
At 31July 2021 67,503 67,503
NET BOOK VALUE
At 31July 2021 1,400,000 13,091 2/13,091
At 31July 2020 1,400,000 10,699 1,410,699

2021 2020
6 6
Other debtors 74,629 67,582
Prepayments 4,352 7,814
78,981 75,666
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
6 f
Bank loa ns and overdrafts (see note 20) 127,814 62,458
Hire purchase (see note 21) 925 1,224
Trade creditors 937 4,979
Amounts
owed to group		 undertakings 1
Social security and other taxes 11,781 14,426
Other creditors 6,713 9,787
Deferred income 100,774 127,713
Accrued expenses 39,124 32,677
288,068 253,265

2021 2020
6 f
Beginning ofyear 127,713 130,034
Received during year 97,750 143,788
Released during year (124,689) (146,109)
End ofyear
19. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
E 6
Bank loans (see note 20) 240,909 275,502
Hire purchase (see note 21) 925
240,909 276,427
20. LOANS
An analysis ofthe maturity of loans is given below:
2021 2020
E E
Amounts
falling due within one year or on demand:
Bank overdraft 82,889 26,154
Bank loans 44,925 36,304
127,814 62,458
Amounts
falling between		 one and two years;
Bank loans
—1-2years		 46,308 42,992
Amounts
falling due between
two and five years:
Bank loans -2-5 years 142,532 144,572
Amounts
falling due in more than five years:
Repayable
by instalments:
Bank loans
—more than 5years by instalments		 52,069 87,938

Hire purchase contracts
2021 2020
6 6
Net obligations repayable:
Within one year 925 1,224
Between one and five years 925
925 2,149
Operating
leases
2021 2020
E f
Within one year 19,368 18,480
Between two and five years 67,788 1,902
In more than five years
1. 6 0,

2021 2020
E f
Bank overdraft 82,889 26,154
Bank loans 285,834 311,806
Hire purchase contracts 925 2,149
369,648 340,109

Net Transfer
movement
in		 between
At 1.7.20 funds funds At 31.7.21
6 6 6 E
Unrestricted
funds
General fund 904,834 58,611 963,545
Restricted funds
Children's
Services fund		 3p156 (3,156)
Rehabilitation
fund		 48,940 (48,940)
Fixtures, Fittings and Equipment fund
52p096 (52,096)
TOTAL FUNDS 956,930 6,515 963~5
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
in
resources expended funds
E 6 6
Unrestricted
funds
Generalfund 707,322 (648,711) 58,611
Restricted funds
Children's
Services fund		 144,798 (147,954) (3,156)
Rehabilitation
fund		 107,525 (156,465) (48,940)
Fixtures,
Fittings		 and Equipment fund 15,000 (15,000)
267,323 (319,419) (52,096)
TOTAL FUNDS 974,645 (968,130) 6,515

Net Transfer
movement
in		 between
At 1.8.19 funds funds At 31.7.20
6 6 6
Unrestricted funds
General fund 873,814 35,312 (4,292) 904,834
Restricted funds
Children's
Services fund		 20,370 (17,214) 3,156
Rehabilitation fund 5,900 43,040 48,940
Fixtures, Fittings and Equipment fund 8,498 (12,790) 4,292
34,768 13,036 52,096
908,582 48,348 956,930
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
Resources Expended in funds
E E E
Unrestricted funds
General fund 739,783 (704,471) 35,312
Restricted funds
Children's
Services fund		 227,549 (244,763) (17,214)
Rehabilitation fund 97,589 (54,549) 43,040
Fixtures, Fittings and Equipment fund 12,000 (24,790) (12,790)
337,138 (324,102) 13,036
,N68 48,348

Net Transfer
movement
in		 between
At 1.7.19 funds funds At 31.7.21
E 6 E
Unrestricted funds
General fund 873,814 93,923 (4,292) 963,445
Restricted funds
Children's
Services fund		 20,370 (20,370)
Rehabilitation fund 5,900 (5,900)
Fixtures, Fittings and Equipment fund gd498 (12,790) 4d292
34,768 (39,060) 4,292
908,582 54,863 963,445
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
Resources Expended In funds
E E E
Unrestricted funds
General fund 1,447,105 (1,353,182) 93d923
Restricted funds
Children's
Services fund		 372,347 (392,717) (20,370)
Rehabilitation fund 205,114 (211,014) (5,900)
Fixtures, Fittings and Equipment fund 27,000 (39,790) (12,790)
604,461 (643,521) (39,060)
2,051,566 (1,996,703) 54,863

analysis ofnet assets between funds
Unrestricted Restricted
Fund Funds Total
E E E
Tangible fixed assets 1,413,091 1,413,091
Net current assets/(liabilities) (208,737) (20B,737)
Creditors:
amounts falling due in more than one year (240,909) (240,909)
Total net assets 963,445 963,445