| Trustees |
Mr R Greener |
|
Mr T R Tolliday |
|
Mr M Boscher |
|
Mr R Levene |
| Secretary |
Mr R Levene |
| Charity number |
299524 |
| Company number |
02215165 |
| Principal address |
30 Campus Five |
|
Letchworth Garden City |
|
Hertfordshire |
|
SG6 2JF |
| Registered office |
30 Campus Five |
|
Letchworth Garden City |
|
Hertfordshire |
|
SG6 2JF |
| Independent examiner |
John Wilson FCAATII |
|
Howard Wlson Chartered Accountants |
|
36 Crown Rise |
|
Watford |
|
Hertfordshire |
|
WD25 ONE |
| Bankers |
Barclays Bank pic |
|
Leicester |
|
LE87 2BB |
|
CAF Bank |
|
25 Kings Hill Avenue |
|
West Mailing |
|
Kent |
|
ME19 4JQ |
| Solicitors |
Bates, Wells & Braithwaite |
|
2-6 Cannon Street |
|
London |
|
EC4M 6YH |
|
Park Woodfine Heald Mellows |
|
1 Lurke Street |
|
Bedford |
|
MK40 3TN |
| Current financial year |
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
|
|
|
|
2020 |
2020 |
2020 |
2019 |
|
5
te: |
|
|
|
|
| Income from: |
|
|
|
|
|
| Voluntary income including donations and legacies |
3 |
17,408 |
|
17,408 |
29,584 |
| Provision of Physiotherapy and Oxygen Therapy |
4 |
64,820 |
- |
64,820 |
164,592 |
| Community fundraising, events and sponsorship |
5 |
8,271 |
- |
8,271 |
18,132 |
| Investments |
6 |
19,056 |
|
19,056 |
23,389 |
| Total income109,555 |
|
|
|
109,555 |
235,697 |
| Expenditure on: |
|
|
|
|
|
| Community fundraising, events and sponsorship |
79,897 |
|
|
9,897 |
13,490 |
| Provision of Physiotherapy and Oxygen Therapy8 |
|
127,429 |
|
127,429 |
249,959 |
| Total expenditure137,326 |
|
|
|
137,326 |
263,449 |
| Net expenditure for the year/ |
|
|
|
|
|
| Net movement in funds(27,771) |
|
|
|
(27,771) |
(27,752) |
| Fund balances at 1 January 2020506,808 |
|
|
20,624 |
527,432 |
555,184 |
| Fund balances at 31 December 2020479,037 |
|
|
20,624 |
499,661 |
527,432 |
| Prior financial year |
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
|
|
2019 |
2019 |
2019 |
|
Notes |
|
|
|
| Income from: |
|
|
|
|
| Voluntary income including donations and legacies |
3 |
17,584 |
12,000 |
29,584 |
| Provision of Physiotherapy and Oxygen Therapy |
4 |
164,592 |
|
164,592 |
| Community fundraising, events and sponsorship |
5 |
18,132 |
|
18,132 |
| Investments |
6 |
23,389 |
|
23,389 |
| Total income |
|
223,697 |
12,000 |
235,697 |
| Expenditure on: |
|
|
|
|
| Community fundraising, events and sponsorship |
7 |
13,490 |
- |
13,490 |
| Provision of Physiotherapy and Oxygen Therapy |
8 |
237,959 |
12,000 |
249,959 |
| Total expenditure |
|
251,449 |
12,000 |
263,449 |
| Net outgoing resources before transfers |
|
(27,752) |
|
(27,752) |
| Gross transfers between funds |
|
1,546 |
(1,546) |
|
| Net expenditure for the year/ |
|
|
|
|
| Net movement in funds |
|
(26,206) |
(1,546) |
(27,752) |
| Fund balances at 1 January 2019 |
|
533,014 |
22,170 |
555,184 |
| Fund balances at 31 December 2019 |
|
506,808 |
20,624 |
527,432 |
|
|
2020 |
|
2019 |
|
|
Notes |
|
|
|
|
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
543,046 |
|
557,789 |
| Current assets |
|
|
|
|
|
| Debtors |
12 |
3,983 |
|
11,785 |
|
| Cash at bank and in hand |
|
45,892 |
|
34,492 |
|
|
|
49,875 |
|
46,277 |
|
| Creditors: amounts falling due within |
|
|
|
|
|
| one year |
14 |
(44,093) |
|
(51,634) |
|
| Net current assets/(liabilities) |
|
|
5,782 |
|
(5,357 |
| Total assets less current liabilities |
|
|
548,828 |
|
552,432 |
| Creditors: amounts falling due after |
|
|
|
|
|
| more than one year |
15 |
|
(49,167) |
|
(25,000) |
| Net assets |
|
|
499,661 |
|
527,432 |
| Income funds |
|
|
|
|
|
| Restricted funds |
17 |
|
20,624 |
|
20,624 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
18 |
683 |
|
683 |
|
| General unrestricted funds |
|
478,354 |
|
506,125 |
|
|
|
|
479,037 |
|
506,808 |
|
|
|
499,661 |
|
527,432 |
|
Unrestricted |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
|
general |
general |
|
|
|
2020 |
2019 |
2019 |
2019 |
| Donations and gifts |
9,794 |
17,584 |
|
17,584 |
| Grants receivable for core activities |
7,614 |
|
12,000 |
12,000 |
|
17,408 |
17,584 |
12,000 |
29,584 |
| Grants receivable for core activities |
|
|
|
|
| Coronavirus Job Retention Scheme Grant |
7,614 |
|
|
|
| Childwick Trust |
|
|
12,00012,000 |
|
|
7,614 |
|
12,00012,000 |
|
| Provision of Physiotherapy and Oxygen Therapy |
|
|
|
|
|
|
Income |
|
Income |
|
|
from |
|
from |
|
|
therapies |
|
therapies |
|
|
2020 |
|
2019 |
| Income from therapies |
|
64,820 |
|
164,592 |
|
|
64,820 |
|
164,592 |
| 5 |
Community fundraising, events and sponsorship |
|
|
|
UnrestrictedUnrestricted |
|
|
fundsfunds |
|
|
generalgeneral |
|
|
20202019 |
|
Fundraising events |
18,132
8,271 |
| 6 |
Investments |
|
|
|
UnrestrictedUnrestricted |
|
|
fundsfunds |
|
|
generalgeneral |
|
|
20202019 |
|
Rental income |
23,389
19,056 |
|
Community fundraising, events and sponsorship |
|
|
|
Unrestricted
Unrestricted |
|
|
funds
funds |
|
|
general
general |
|
|
2019
2020 |
|
Community fundraising. events and sponsorship |
|
|
Seeking donations, grants and legacies |
3,474
2,806 |
|
Staging fundraising events |
10,016
7,091 |
|
Community fundraising, events and sponsorship |
13,490
9,897 |
|
2020 |
2019 |
| Staff costs |
57,760 |
158,096 |
| Depreciation and impairment |
14,743 |
14,743 |
| General running costs |
1,950 |
3,214 |
| Premises costs |
11,455 |
11,436 |
| Insurance costs |
4,662 |
5,095 |
| Repairs and maintenance costs |
4,036 |
7,355 |
| Office costs |
1,900 |
3,969 |
| Equipment costs |
1,523 |
3,916 |
| Transport costs |
50 |
768 |
| Training |
- |
1,863 |
| General expenses |
700 |
25 |
| Legal and professional costs |
10,050 |
16,193 |
| Governance costs (see note below) |
2,800 |
2,400 |
| Bank charges and other finance costs |
4,183 |
4,337 |
| Oxygen |
11,617 |
16,549 |
|
127,429 |
249,959 |
| Analysis by fund |
|
|
| Unrestricted funds - general |
127,429 |
|
|
127,429 |
|
| For the year ended 31 December 2019 |
|
|
| Unrestricted funds - general |
|
237,959 |
| Restricted funds |
|
12,000 |
|
|
249,959 |
| Governance costs comprise independent examiners fees of 2,800 (2019: 2,400). |
|
|
| The average monthly number of employees during the year was: |
|
|
|
2020 |
2019 |
|
Number |
Number |
| Management and administration |
2 |
3 |
| Fundraising and publicity |
- |
1 |
| Physiotherapists, Rehab Specialist and Assistants |
4 |
4 |
| Oxygen Therapy |
3 |
3 |
|
9 |
11 |
| Employment costs |
2020 |
2019 |
| Wages and salaries |
55,953 |
148,443 |
| Social security costs |
1,056 |
7,083 |
| Other pension costs |
751 |
2,570 |
|
57,760 |
158,096 |
| Tangible fixed assets |
|
|
|
|
Land and |
Plant and |
Total |
|
buildings |
machinery |
|
| Cost |
|
|
|
| At 1 January 2020 |
737,166 |
190,151 |
927,317 |
| At 31 December 2020 |
737,166 |
190,151 |
927,317 |
| Depreciation and impairment |
|
|
|
| At 1 January 2020 |
179,377 |
190,151 |
369,528 |
| Depreciation charged in the year |
14,743 |
|
14,743 |
| At 31 December 2020 |
194,120 |
190,151 |
384,271 |
| Carrying amount |
|
|
|
| At 31 December 2020 |
543,046 |
- |
543,046 |
| At 31 December 2019 |
557,789 |
- |
557,789 |
| 11Tangible fixed assets(Continued) |
11Tangible fixed assets(Continued) |
11Tangible fixed assets(Continued) |
| All fixed assets are used directly in furtherance of the charity's objects. |
|
|
| 12Debtors |
|
|
|
2020 |
2019 |
| Amounts falling due within one year: |
|
|
| Trade debtors |
3,047 |
8,938 |
| Prepayments and accrued income |
936 |
2,847 |
|
3,983 |
11,785 |
| 13 Loans and overdrafts |
|
|
|
2020 |
2019 |
| Bank loans |
50,000 |
- |
| Payable within one year |
833 |
- |
| Payable after one year |
49,167 |
|
| 14 |
Creditors: amounts falling due within one year |
|
|
|
|
|
|
2020 |
2019 |
|
|
Notes |
|
|
|
Bank loans |
13 |
833 |
_ |
|
Other taxation and social security |
|
441 |
483 |
|
Trade creditors |
|
1,444 |
4,093 |
|
Other creditors |
|
34,400 |
37,400 |
|
Accruals and deferred income |
|
6,975 |
9,658 |
|
|
|
44,093 |
51,634 |
|
Included in other creditors are loans from the following: |
|
|
|
|
The Trustees considered the options for borrowing the funds from banks and |
The Trustees considered the options for borrowing the funds from banks and |
lending institutions |
but these |
|
were found to be the most cost effective option for the charitable company. |
|
|
|
| 15 |
Creditors: amounts falling due after more than one year |
|
|
|
|
|
|
2020 |
2019 |
|
|
Notes |
|
|
|
Bank loans |
13 |
49,167 |
|
|
Other creditors |
|
- |
25,000 |
|
|
|
49,167 |
25,000 |
|
Bank loans |
|
|
|
|
Debt due in one year or less |
|
833 |
|
|
In more than one year but not more than two years |
|
10,000 |
|
|
In more than two years but not more than three years |
|
30,000 |
- |
|
In more that five years |
|
9,167 |
- |
|
|
|
50,000 |
- |
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Movement |
|
|
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|
|
|
in funds |
|
|
in funds |
|
|
alance at |
Incoming |
Balance at |
|
Incoming |
Balance at |
|
jary 2019 |
resourcesi |
January 2020 |
|
resources |
31 December |
|
|
|
|
|
|
2020 |
|
ttl |
ttl |
|
|
|
|
| Oxygen Compressor Fund |
683 |
- |
|
683 |
- |
683 |
|
683 |
- |
|
683 |
- |
683 |
| OxygenCompressor Fund is toprovide funds to |
|
replace the compressor onthe oxygen |
|
|
|
tank when |
| required. |
|
|
|
|
|
|
| 19 |
Analysis of net assets |
between funds |
|
|
|
|
|
|
|
Unrestricted |
RestrictedTotal |
|
Unrestricted |
RestrictedTotal |
|
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2020 |
2020 |
2020 |
2019 |
2019 |
2019 |
|
|
tti |
ttl |
ui |
tti |
tti |
tti |
|
Fund balances at 31 |
|
|
|
|
|
|
|
December 2020 are |
|
|
|
|
|
|
|
represented by: |
|
|
|
|
|
|
|
Tangible assets |
543,046 |
- |
543,046 |
557,789 |
- |
557,789 |
|
Current assets/ |
|
|
|
|
|
|
|
(liabilities) |
(15,525) |
20,624 |
5,782 |
(26,664) |
20,624 |
(5,357) |
|
Long term liabilities |
(49,167) |
- |
(49,167) |
(25,000) |
- |
(25,000) |
|
|
478,354 |
20,624 |
499,661 |
506,125 |
20,624 |
527,432 |