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|||ADOPTION
MATTERS|ADOPTION
MATTERS|||||||
|---|---|---|---|---|---|---|---|---|---|
|||LEGAL AND ADMINISTRATIVE
INFORMATION||||||||
|||YEAR ENDED 31 MARCH 2021||||||||
|Charity Details||Adoption
Matters||||||||
|||Registered
Number|1617324|||||||
|||Charity
Registration|Number 512892|||||||
|Joint Presidents||Bishop of Blackburn,|The Right Reverend||||Julian Henderson|||
|||Bishop ofChester, The Right Reverend|||Mark Tanner|||||
|||Bishop of Durham,
The Right Reverend|||Paul Butler|||||
|Patron||Sir Mark Hedley||||||||
|Board ofTrustees||Mrs Carolyn Johnson|(Chair)|||||||
|||Professor David Cracknell OBE (Vice-Chair)||||||||
|||Mr David Champness||||||||
|||Miss Catherine
Gibbons||||||||
|||Professor Elizabeth|Harlow|||||||
|||Mr Keith Johnson
(retired June 2020)||||||||
|||Mr Joe McArdle||||||||
|||Ms Lynn Pates||||||||
|||Mr David Shield||||||||
|||Mr Annesley
Wright||||||||
|||Mr Jamie Bennett||||||||
|||Mr Barry Speker OBE DL (appointed
Sept|||||2020)|||
|Company|Secretary|Mr Annesley
Wright||||||||
|Chief Executive||Mr Norman
G Goodwin CBE||||||||
|Registered|Office and|14 Liverpool Road, Chester,
Cheshire,||CH2 1AE||||||
|Principal Address||Telephone;
01244390938||||||||
|||Facsimile:
01244390067||||||||
|||E-maik
info@adoptionmatters.||||org||||
|||Website:|.
tlo matters.||or|||||
|Auditors||UHY Hacker Young,|Chartered
Accountants
and Registered||||||Auditors,|
|||St John's Chambers,|Love Street, Chester,||||Cheshire,|CH1 1QN||
|Bankers||Lloyds Bank PLC|CAF Bank|Ltd||||||
|||8 Foregate Street|25 Kings
Hill|||Avenue||||
|||Chester|Kings
Hill|||||||
|||Cheshire|West Mailing|||||||
|||CH1 1XP|Kent|||||||
||||ME194JQ|||||||
|Solicitors||Mr Andrew
Perrigo|Mr Stephen||Claus|||Mr Barry Speker||
|||Morecrofts LLP|Brabners
LLP|||||11Westfield||
|||2 Crown Buildings|Horton
House|||||Gosforth||
|||Liverpool Road|Exchange|Flags||||Newcastle-Upon-Tyne||
|||Crosby|Liverpool|||||NE3 4YE||
|||Liverpool|L2 3YL|||||||
|||L23 5SR||||||||
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||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
|||Note|f|6|f|g|
|INCOME|||||||
|Donations
and legacies||2|82,000|0|82,000|60,636|
|Charitable
activities||3|4,831,493|0|4,831,493|4,263,847|
|Other trading
activities||4|9,784|1,279|11,063|38,271|
|Investments||5|12,852|0|12,852|12,351|
|TOTAL INCOME|||4,936,129|1,279|4,937,408|4,375,105|
|EXPENDITURE|||||||
|Raising funds||6|55,743|0|55,743|66,375|
|Charitable
activities||6|4,151,930|0|4,151,930|3,924,279|
|TOTAL EXPENDITURE||6|4,207,673|0|4,207,673|3,990,654|
|Net gains/(losses)|on investments|10|53,755|0|53,755|(21,196)|
|NET INCOME
/ (EXPENDITURE)|||782,211|1,279|783,490|363,255|
|Other recognised|gains/(losses):||||||
|Actuarial
(losses) on pension scheme||18|(3,089,000)|0|(3,089,000)|(209,000)|
|Net movement
in|funds||(2,306,789)|1,279|(2,305,510)|154,255|
|Reconciliation
of|funds:||||||
|Total funds
brought|forward||(190,407)||(190,407)|(344,662)|
|Total funds carried forward|||(2,497,196)|1,279|(2,495,917)|(190,407)|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|FIXEDASSETS|||||||||
|Tangible assets||||9||347,037||332,993|
|Investments||||10||844,515||582,281|
|||||||1,191,552||915,274|
|CURRENT ASSETS|||||||||
|Debtors|||||1,293,961||1,005,362||
|Cash at bank|||||948,427||1,384,984||
||||||2,242,388||2,390,346||
|CREDITORS: amounts||falling|due within||||||
|one year||||12|(889,857)||(1,545,027)||
|NET CURRENT|ASSETS|||||1,352,531||845,319|
|TOTAL NET ASSETS before|||pension deficit|||2,544,083||1,760,593|
|Pension scheme|liability|||18||(5,040,000)||(1,951,000)|
|NET ASSETS||||||(2,495,917)||(190,407)|
|Restricted funds||||14||1,279|||
|Unrestricted
funds:||||13|||||
|General
Fund|||||2,542,804||1,760,593||
|Unrestricted
funds excluding|||pension||||||
|liability|||||2,542,804||1,760,593||
|Less: pension|scheme|liability||18|(5,040,000)||(1,951,000)||
|||||||(2,497,196)||(190,407)|
|TOTAL CHARITY FUNDS||||||(2,495,917)||(190,407)|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||f|f|
|Cash flows from operating|activities|||||
|Net income/(expenditure)
for|the year|||783,490|363,255|
|Depreciation||||24,413|24,162|
|Losses/(gains)
on investments||||(53,755)|21,196|
|Investment
income||||(12,852)|(12,351)|
|(Increase) in debtors||||(288,599)|(80,645)|
|(Decrease)
in creditors||||(655,170)|474,250|
|Net cash generated
by/(used
in)||operating|activities|(202,473)|789,867|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed assets||||(38,457)|(5,160)|
|Purchase of investments||||(514,074)|(346,554)|
|Proceeds from disposal of investments||||320,646|240,847|
|Investment
income||||12,852|12,351|
|Net cash (used in) investing|activities|||(219,033)|(98,516)|
|Net change
in cash and cash equivalents||||(421,506)|691,351|
|Cash and cash equivalents
brought||forward||1,400,937|709,586|
|Cash and cash equivalents|carried forward|||979,431|1,400,937|
|Analysis
ofcash and cash|equivalents|||||
|Cash at bank||||948,427|1,384,984|
|Cash within
investment
portfolio||||31,004|15,953|
|||||979,431|1,400,937|
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|||||Total||
|---|---|---|---|---|---|
|||||Unrestricted||
|||||Funds|Total Funds|
|||||2021|2020|
|||||E|E|
|St Bridget's Trust||||4,000|6,000|
|Legacies||||32,837|37,000|
|General donations||||45,163|17,636|
|||||82,000|60,636|
|HARITABLE ACTIVITIES||||||
|||||Total||
|||||Unrestricted||
|||||Funds|Total Funds|
|||||2021|2020|
||||||f|
|Placement fees||||3,004,457|3,373,148|
|Therapist
income||||758,748|488,411|
|CfAS income||||314,765|221,976|
|Local authority|contracts|&other special work||21,382|13,676|
|Service agreements||||64,010|54,984|
|Inter country income||||21,543|38,066|
|DFE Covid-19 funding||||583,333|0|
|DfE Practice 8|Improvement||Fund|61,625|69,436|
|Sundry
mcome||||1,630|4,150|
|||||4,831,493|4,263,847|
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||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
|||||F|f|f|
|200 Club|||0|0|0|544|
|General|fundraising||9,784|1,279|11,063|37,727|
||||9,784|1,279|11,063|38,271|
|VESTM|E|NTS|||||
||||||Total||
||||||Unrestricted||
||||||Funds|Total Funds|
||||||2021|2020|
||||||E|f|
|Bank interest|||||6,811|7,954|
|Investment||Income|||6,041|4,397|
||||||12,852|12,351|
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|6.
TOTAL EXP|ENDITURE|||||||
|---|---|---|---|---|---|---|---|
||||Ol
C
Is
III
rk|0
V
is
c esl
O
C
u. D|sl
0I
sl
a ) e
Isr
u c
O0CD|Total
Unrestricted
2021|Total
2020|
|Costs directly allocated|to activities:|||||||
|Social workers and management||Direct|||2,426,107|2,426,107|2,291,086|
|Staff travel||Direct|||12,749|12,749|141,014|
|Sessional workers||Direct|||471,359|471,359|393,367|
|Pubhmty
&marketing||Direct|||110,278|110,278|109,423|
|Fundraising
events||Direct||32,330||32,330|47,088|
|Investment
management|fees|Direct||2,467||2,467|1,481|
|Other direct costs||Direct|||6,903|6,903|24,804|
|Support costs allocated|to activities|||||||
|Management
& admin staff||0/||15,133|741,537|756,670|625,567|
|Premises||0/||1,125|55,118|56,243|65,368|
|Office costs||||1,649|80,783|82,432|64,857|
|IT & communications||0/||1,768|86,611|88,379|75,263|
|Training
& publications||Actual|||9,957|9,957|28,188|
|Professional
fees &charges||Actual|||63,830|63,830|39,725|
|Governance|%|&staff time||1,271|62,285|63,556|59,261|
|Depreciation||Actual|||24,413|24,413|24,162|
|||||55,743|4,151,930|4,207,673|3,990,654|
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|||||2021|2020|
|---|---|---|---|---|---|
||||||f|
|Wages and|salaries|||2,538,532|2,304,238|
|Employer's|social security costs|||240,469|222,350|
|Employer's|defined|benefit pension scheme contributions||583,930|533,089|
|Overprovision
of DFW pension|||exit fee|(43,900)||
|||||3,319,031|3,059,677|
##
|Particulars|Particulars|ofemployees:|ofemployees:||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The average||number ofstaff employed||by the charity dunng|the financial|year|amounted|to:|||
||||||2021||||2020||
|||||Full|Part|Total|Full||Part|Total|
|||||Time|Time|No|Time||Time|No|
|Number|of|social workers||29|29|58|32||25|57|
|Number|of|administrative|staff|13|9|22|16||6|22|
|Number|of|management|staff|6||6|6|||6|
|||||48|38|86|54||31|85|
##
|This is sta|ted after charging:|||
|---|---|---|---|
|||2021|2020|
|||6|f|
|Employer's|pension costs|540,030|533,089|
|Depreciation||24,413|24,162|
|Auditors' fees: audit||6,781|5,301|
||Non-audit|||
|Operating|lease costs:|||
|Property,|plant and equipment|31,156|48,603|
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|ANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Fixtures,||
||Land &|Fittings 8|Total|
||Buildings|Equipment||
||E|6||
|COST||||
|At 1 April 2020|356,565|175,508|532,073|
|Additions||38,457|38,457|
|Disposals||||
|At 31 March 2021|356,565|213,965|570,530|
|DEPRECIATION||||
|At 1 April 2020|49,115|149,965|199,080|
|Charge for the year||24,413|24,413|
|Eliminated
on disposal||||
|At 31 March 2021|49,115|174,378|223,493|
|NET BOOK VALUE||||
|At 31 March 2021|307,450|39,587|347,037|
|At 31 March 2020|307,450|25,543|332,993|
##
|Deposits held with banks|Deposits held with banks||||
|---|---|---|---|---|
|Market value|at 1 Apnl 2020||400,009||
|Investments|maturing
during|the year|(200,009)||
|Investments|purchased
duding|the year|204,913||
|||||404,913|
|Investment|portfolio —listed securities||||
|Market value|at 1 April 2020||166,319||
|Acquisitions|at cost||309,161||
|Disposals at|carrying
value||(120,637)||
|Revaluation|gain||53,755||
|||||408,598|
|Cash held within
portfolio||||31,004|
|Market value|at 31 March 2021|||844,515|
|Historical cost at 31 March 2021||||769,928|
|All investments|are unrestricted.||||
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|EBTOR|S:Amou|nts
d|ue|within o|n|e year|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021||2020|
|Other debtors —service|||income|||||815,092||919,445|
|Prepayments||||||||63,412||41,954|
|Accrued|income|||||||415,457||43,963|
|||||||||1,293,961||1,005,362|
|REDIT|ORS: Amounts||falling due|||within one year|||||
|||||||||2021||2020|
|||||||||6||f|
|Other creditors||||||||7,529||285,975|
|Accruals||||||||196,280||154,492|
|Deferred|income|||||||686,048||911,060|
|DFW s75 pension||accrual||||||0||193,500|
|||||||||889,857||1,545,027|
|Movement
ofdeferred|||income||||||||
||||||||Released|Incoming||Total|
|||||||Balance at|from|Resources||Deferred|
|||||||1 April|Previous|Deferred|in|Income at 31|
|||||||2020|Years|Current Year||March 2021|
||||||||5|F||6|
|Inter-agency
fees||received||in advance||393,368|(393,368)|517,521||517,521|
|Therapy
advance|and CFAS income|||received|in|299,491|(237,194)|58,145||120,442|
|Partner|share of Y/E surplus|||||189,539|(189,539)|40,742||40,742|
|Service|income received||in|advance||5,918||||5,918|
|Service|level agreements|||||11,250|(11,250)|||0|
|DfE System Capacity Building (SCB)||||||10,714|(10,000)|||714|
|Other||||||780|(69)|||711|
|||||||911,060|(841,420)|616,408||686,048|
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|OPERATING LE|OPERATING LE|ASE COMMIT|MENTS|||
|---|---|---|---|---|---|
|The total minimum||lease payments|due under non-cancellable|operating
leases are as follows:||
|||||2021|2020|
|||||E|E|
|Due within|1 year|||36,126|16,387|
|Due within|1 to 5|years||45,918|17,142|
|Due after 5years||||||
|||||82,044|33,529|
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|The charge to the Statement|of Financial Activities|over the financial year|comprised:||
|---|---|---|---|---|
||||2021|2020|
|Operating
charge|||f(000)|f(000)|
|Current service cost|||834|1,019|
|Past service cost|||0|81|
|Net (gain)/loss|||834|1,100|
|Other finance income|||||
|Interest income on assets|||(306)|(306)|
|Interest cost on defined
benefit obligation|||354|354|
|Total service cost|||882|1,148|
|Reconciliation
ofdefined benefit obligation:|||||
|Opening
position as at 31|March 2020||15,049|14,312|
|Current service cost|||834|1,019|
|Interest cost on defined
benefit obligation|||354|354|
|Contributions
by members|||167|156|
|Actuanal
remeasurements|||4,758|(542)|
|Past service costs/(gains)|||0|81|
|Benefits paid|||(321)|(331)|
|Closing position as at 31 March 2021|||20,841|15,049|
|Reconciliation
offair value|of plan assets:||||
|Opening
position as at 31|March 2020||13,098|12,570|
|Interest income on assets|||306|306|
|Contributions
by members|||167|156|
|Contnbutions
by the employer|||584|503|
|Actuarial
remeasurements||||(45)|
|Return
on assets|||1,967|(61)|
|Benefits paid|||(321)|(331)|
|Closing position as at 31 March 2021|||15,801|13,098|
|Assets
b/f 1 April 2020|||13,098|12,570|
|Liabilities
b/f 1 April 2020|||(15,049)|(14,312)|
|Net liability
b/f 1 April 2020|||(1,951)|(1,742)|
|Pension scheme gain/(loss)|in year||(3,089)|(209)|
|Pension scheme
liability|||(5,040)|(1,951)|
|Assets at 31 March 2021|||15,801|13,098|
|Liabilities at 31 March 2021|||(20,841)|(15,049)|
|Net hability at 31 March 2021|||(5,040)|(1,951)|