**the newman holiday trust** _changes lives_
## **annual report and accounts**
for the period ended 31 March 2022
0
||**Contents**||
|---|---|---|
|**REFERENCE ANDADMIN**||**2**|
|**TRUSTEESREPORT**||**3**|
|**OURHOLIDAYPROJECTS IN2021-2022**||**5**|
|**TARGETCATCHMENTAREAS**||**5**|
|**MEETINGS**||**6**|
|**DETAILS OFTRUSTEES**||**6**|
|**INDEPENDENTEXAMINER'S REPORT**||**7**|
|**STATEMENT OFINCOME ANDEXPENDITURE**||**8**|
|**THEBALANCESHEET**||**9**|
|**NOTES TO THEACCOUNTS**||**10**|
1
|**Trustees**|Dr Anand Chitnis|
|---|---|
||Mr Edmund Couldrey|
||Mr Mohan Gharial|
||Mrs Nina Graham|
||Mr Thom Harvey|
||Dr Katherine Martin|
||Mr Robert Nestor|
||Mrs Judith Wardlaw|
||Mr Nicholas White|
||Mr Thomas Williams (Resigned January 2022)|
|**Chairman**|Dr Anand Chitnis|
|**Treasurer**|Mr Thom Harvey|
|**Administrative address**|Lowbrook Barn|
||Lancaster Road|
||Lancaster|
||Lancashire|
||LA2 6AL|
|**Charity registration**|326429|
|**number**||
|**Principal Bankers**|Barclays Bank|
||Colmore Row|
||Birmingham|
||B3 2BY|
2
## **Trustees Report**
The Trustees present their report and accounts of The Newman Holiday Trust for the year ending 31[st] March 2022.
## **Objectives and Activities**
The Charity aims to provide fun filled residential holidays to Children with physical impairments, learning difficulties or other special needs.
The Charity targets Children whose families or local Social Services cannot typically provide them with a holiday. This means that Holidays are often provided for Children with very high care requirements or for Children from extremely deprived backgrounds.
Holidays are designed to involve activities intended to enhance the future development of the Children and to create further opportunities for personal growth. Holidays encourage participation in events to which the Children may not previously have been exposed. These experiences help to build confidence and optimism, as well as giving them exciting and positive experiences. The time away from home and their primary carers help them to develop and play a fuller role in society and prepare them to live as independently as possible in the future.
The families, guardians and carers of the Children receive valuable and rare respite in the knowledge that their child is being well cared for and that they can contact the Holiday Organisers at any time.
The Charity aims to provide cost-free Holidays and, accordingly, the Charity meets the full cost of all Holidays and no financial contributions are required from participants, their families, guardians or carers.
You can find more about our Charity at www.newmantrust.org and we encourage to read our latest annual magazine to stay up to date with all activities.
## **Public Benefit**
The Trustees have given careful consideration to the Charities Commission’s general guidance on public benefit.
## **Volunteers**
The Trustees express their heartfelt thanks for the extraordinary contribution of Newman Holiday Trust volunteers. The Charity has no paid staff and is entirely reliant on volunteers who deliver all aspects of the charity’s operations.
## **Looking back on 2021**
Our activities in the summer of 2021 remained in the shadow of the Covid-19 public health emergency. The nature of our holidays, which bring together up to 22 children from different households together with volunteers from across the country are inherently high risk for the transition for a virus like Covid-19.
Despite this, we are pleased the charity was able to run three scaled down, shorter holidays in 2021 supporting a total of 29 children. In addition to providing increasingly necessary respite for the children and families supported, this provide an opportunity to trial the necessary safeguards and mitigations needed to run safe and enjoyable holidays in challenging circumstances.
## **Looking ahead to 2022**
Looking ahead to the summer of 2022, we anticipate running a full program of seven holidays supporting c.150 children and young people. After two years of much lower activity, we will be investing particular attention to the recruitment of volunteers and ensuring that our holidays benefit those most in need.
## Financial Review
At 31 March 2022 the Charity held funds of £287,000. This amounts to approximately of 23 months funding. These funds have accrued from the continued generosity of our donors and hard work of our volunteers who have continued fundraising activity during the pandemic. Our target level of funds is £215,000, representing 18 months. This level of funds allows us to plan and commit to holidays beyond a 12-month horizon and to invest in our partner venues facilities to ensure they are fully accessible, to expand our reach.
3
Despite the higher level of funds held at the end of this period, the charity remains cautious about the outlook for 2022-23, it is anticipated that total expenditure will exceed funds raised in the next two financial years. This is due to a lower level of fundraising activity following the pandemic and sharp increases in some of our venue costs. We anticipate it may be necessary to relocate some of our holidays to lower cost venues. This process can take in excess of 12 months.
The Trustees are satisfied the Charity has in place appropriate financial and budgetary controls that ensure it remains a going concern.
No Trustees received remuneration in the year (2021: none) and there are no paid staff members (2021: none).
## Declaration
The Statement of Income & Expenditure set out on page 8 of this report for the financial year ended on the above date, and the Balance Sheet at that date set out on page 9 are as approved by the trustees of the charity.
Thom Harvey
## 6 January 2023
_Authorised to sign on behalf of the Board of Trustees_
4
## **Holiday Projects Summer 2021**
The tables below provide a tabular summary of all the holidays and comparisons with our holiday projects in the previous year.
Three small scale holidays ran in 2021 due to the Covid-19 pandemic. No holidays operated in Summer 2020.
|**Holiday**|**Summer 202**|**Summer 202**|**1**
**Summer 2019**|**1**
**Summer 2019**|**1**
**Summer 2019**|**% Yr/Yr**|**% Yr/Yr**|
|---|---|---|---|---|---|---|---|
||**No. of**
**Children**|**Hol**
**Cost**|**Cost**
**per**
**Child**
**No. of**
**Children**|**Hol Cost**|**Cost**
**per**
**Child**|**No. of**
**Children**|**Cost**
**Increase**|
|**Scotland**|0|£0|-
22|£21,076|£1,033|-100%|-|
|**London**|9|£10,938|
£1,215
22|£14,504|£735|-59%|65%|
|**South East**|0|£0|-
22|£16,656|£833|-100%|-|
|**South Central**|10|£2,047|£205
22|£10,197|£539|-55%|-62%|
|**West Midlands**|0|£0|-
22|£11,808|£612|-100%|-|
|**North West**|10|£8,405|£840
22|£16,462|£824|-55%|2%|
|**North East**|0|£0|-
22|£17,635|£877|-100%|-|
|||||||||
|**Joint Holiday**
**Expense**|-|£10,218|
-|£11,622||||
|||||||||
|**Total**|**29**|**£31,608**|
**-**
**154**|**£119,960**|**£779**|**-81%**|**-**|
* Costs per Child have been calculated for this report to include a proportion of the joint holiday expenses. The joint expenses covers areas that are costs related directly to holidays only such as holiday insurance and exclude all costs for the daily running of the charity.
## **Target Catchment Areas**
The holiday locations reflect closely the catchment areas for most of the children that are taken on holiday. These tend to be around dense urban environments such as Manchester, Birmingham and Middlesbrough as can be seen on the diagram below. One venue is positioned to take children from throughout Scotland with families and social services responsible for bringing children to the venue.
**----- Start of picture text -----**
Scotland
Tees and Tyneside
Manchester
Birmingham
Greater London
Oxfordshire
Berkshire & Hampshire
**----- End of picture text -----**
5
## **Meetings**
## _**Trustees**_
The Trustees met formally on two occasions to conduct normal management and administration activities. These included the following areas:
1. Considering the impact of the Covid-19 public health crisis
2. Annual review of Trust Strategy
3. Setting the fundraising target and strategy, and managing its delivery
4. Tracking and monitoring of Trust finances
5. Planning, agreeing and managing the delivery of the holiday projects
## **Details of Trustees**
|**Details of Trustees**|**Details of Trustees**||
|---|---|---|
|The trustees at the end of the year stood as follows:|||
|Rt. Rev. Philip Pargeter|:|Patron|
|Dr Anand Chitnis|:|Trustee, Chairman|
|Mr Edmund Couldrey|:|Trustee|
|Mr Mohan Gharial|:|Trustee|
|Mrs Nina Graham|:|Trustee|
|Mr Thom Harvey|:|Trustee, Treasurer|
|Dr Katherine Martin|:|Trustee|
|Mr Robert Nestor|:|Trustee|
|Mrs Judith Wardlaw|:|Trustee|
|Mr Nicholas White|:|Trustee|
|Mr Thomas Williams|:|Trustee|
## **Notice of Financial Interest**
Mr Thomas Williams is a director of OMM Ltd. who manufacture clothing and sports goods. The Trust purchases Newman Holiday Trust branded t-shirts for holidays and fundraising. Mr Williams and OMM Ltd. made no charge for this work and only cost prices were charged evidenced through copies of supplier invoices.
The Trustees have no other personal financial interests in the Trust’s activities.
6
## **Independent examiner’s report to the trustees of the Newman Holiday Trust**
I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 7 to 10.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Mr P Dennison
Relevant professional qualification or body: Partner, CWR Accountants ACA FCCA
Address: CWR Accountants Lancaster Business Park, 20 Mannin Way, Lancaster LA1 3SW Date: 30/01/2022
7
## **Newman Holiday Trust**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**2022**
**Total**
**Unrestricted**
**Notes**
**£**
**INCOME FROM**
Donations
Voluntary income
Donations
46,880
Fundraising
49,248
Investments
Investment income
535
Interest
-
**Total Income**
**96,663**
**Expenditures on**
Raising funds
Costs of generating voluntary income
2,360
Charitable activities
Direct Holiday Expenditure
**4**
22,790
Holiday Overheads
**5**
10,541
Other
Support Costs
**6**
6,970
**TOTAL EXPENDITURE**
**42,661**
**NET OPERATING INCOME**
54,002
Unrealised (losses)/gains on investment assets
-
**Net income/(expenditure) and net movements in funds**
**54,002**
Fund balances brought forward
**233,169**
**FUND BALANCES CARRIED FORWARD**
**AT 31 MARCH 2022**
**287,171**|**2021**
**Total**
**Unrestricted**
**£**
30,377
67,362
530
33
**98,302**
241
5,664
3,366
4,009
**13,280**
85,022
-
**85,022**
**148,147**
**233,169**|
|---|---|
8
## **Newman Holiday Trust**
## **BALANCE SHEET AT 31 MARCH 2022**
|**2022**
**Total**
**Unrestricted**
**Notes**
**£**
**Current assets**
Investments
15,746
Cash at bank
**8**
271,958
Prepayments
9,548
**Total Current Assets**
297,252
**Current Liabilities**
Creditors
(10,081)
Accruals and deferred income
-
**Net assets**
**9**
**287,171**
**Funds**
Unrestricted
287,171
Restricted
-
**9**
**287,171**|**2021**
**Total**
**Unrestricted**
**£**
15,746
219,239
500
235,485
(1,920)
(396)
**233,169**
233,169
-
**233,169**|
|---|---|
9
## **Newman Holiday Trust**
## **NOTES TO THE ACCOUNTS AT 31 MARCH 2022**
## **1. Basis of Accounting**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
The Trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern.
The Trust holds 1000 M&G Charifund Investment Units. Given the value of these assets to the Trust, the Trustees deem it appropriate to reflect these investments on the balance sheet.They are recorded at their market value at the balance sheet date, which is standard accounting treatment for an asset of this type. Movements in market value are reflected separately within 'other gains and losses' in the statement of income and expenditure.
|**2. Donations**
Regular Donations
School and Church Groups
Charitable Trusts & Corporate Supporters
All of the above donations are from non recurring sources
**3. Fundraising**
Affiliiate Schemes
Volunteer Lead Fundraising
**4. Direct Holiday Expenditure**
Food and Accommodation
Transport
Off-site Entertainments
On-site Entertainments
Sanitary, Medical and Sundries
Holiday Specific Administration|**2022**
**£**
1,323
3,037
42,520
**46,880**
**2022**
**£**
279
48,969
**49,248**
**2022**
**£**
18,762
98
-
2,369
1,561
-
**22,790**|**2021**
**£**
-
-
30,377
**30,377**
**2021**
**£**
-
67,362
**67,362**
**2021**
**£**
2,376
330
205
462
-
2,291
**5,664**|
|---|---|---|
10
|**5. Holiday Overheads**||**2022**||**2021**|
|---|---|---|---|---|
|||**£**||**£**|
|General Holiday Administration||792||645|
|CSCI/ OFSTED registration fees||875||874|
|Holiday insurance||1,956||1,847|
|T-Shirts||6,668||-|
|Holiday/Volunteer Assessment Costs||250||-|
|Volunteer Training||-||-|
|||**10,541**||**3,366**|
|**6. Support Costs**
Newsletters and Leaflets||**2022**
**£**
6,970||**2021**
**£**
4,009|
|||**6,970**||**4,009**|
|**7. Cash at Bank - Accounts Summary**
At 31 March the Charity held the following centrally managed accounts:
Barclays Current Account
Lodge
Grinkle Park
National Savings (Closed)
Barclays Savings
Co-Op Main||**2022**
**£**
129,335
329
13,579
0
4,546
124,169||**2021**
**£**
109,116
329
13,578
4,546
-
91,670|
|||**271,958**||**219,239**|
|Unrestricted fund
Restricted fund
**8. Statement of movement on funds**|**At 31/3/21**
**Income **
233,169
96,663
-
-|**Expenditure**
(42,661)|**Gains & losses **
-
-|**At 31/3/22**
287,171
-|
||**233,169**
**96,663**|**(42,661)**|**-**|**287,171**|
11