| Directors | C E Wesley, Non | Executive Director and Chair | Executive Director and Chair | |||
|---|---|---|---|---|---|---|
| RV Bundock, Chief Executive | ||||||
| SKingsnorth, Non Executive Director |
||||||
| C LPendle, Non |
Executive Director | |||||
| DWebster, Non |
Executive Director and Vice Chair | |||||
| PWebster, Non |
Executive Director (resigned 12May 2022) | |||||
| CWood, Non Executive Director | ||||||
| M E Roberts, Executive Director of Finance | ||||||
| Company | registered | |||||
| number | 02054594 | |||||
| Charity registered | number | 518048 | ||||
| Registered | office | Suite 1,Ground | Floor, Marlborough | House | ||
| Westminster Place |
||||||
| York Business Park |
||||||
| York | ||||||
| North Yorkshire |
||||||
| YO26 6RW | ||||||
| Company | secretary | M E Roberts | ||||
| Chief Executive | R V Bundock | |||||
| Independent | auditor | BHP LLP | ||||
| Chartered Accountants |
||||||
| Rievaulx House | ||||||
| 1St Mary's Court | ||||||
| Blossom Street | ||||||
| York | ||||||
| YO24 1AH | ||||||
| Bankers | The Royal Bank ofScotland |
| Distribution | ofcontracts at 31March 2023 | ||
|---|---|---|---|
| Annual Contract Value | Number ofContracts | YoofTotal Value | |
| &E3 million | 1 | 25.3 | |
| E2.5-3.0 million | 1 | 18.5 | |
| f2.0-2.5 million | |||
| f1.5-2.0 million | 29.5 | ||
| E1.0-1.5 million | 9,5 | ||
| E0.5-1.0 million | 4.7 | ||
| &E0.5 million | 12.5 |
COMPASS. SERVICES TO IMPROVE HEALTH AND WELLBEING IA company limited by guarnnteel INDEPENDENT AUDITOR'S REPORT TO THE MEMBERSOF COMPASS-SERVICESTO IMPROVE HEALTH ANO WELLBEING {CONTINUED) Irre6ularities. including fraud. are instances of non-compliance with laws and r4ulatiorb5. We design pr(Kedure5 in line with our responsibilities. outlineLI above, to detect material misstatements in respect of irre8ularities, Incl116 frèud. The extent to which our procedures are capable of detettine irre8Jlarities, includin8frèud is detailed below.. the engagement partner ensured that the eneagement team collectively had the appropriate competente. capabilitie5 and ski11s to identify of recoenise non<ompliance with applicable laws ènd reBulations.' we identified the laws and regulations applicable to the chariiable company through disCU5svn5 Wlth managernent and dlrertors. and from our knowlee and experience of this charily,. we focused on specifK law5 and re8ulation5 which wecon5idered may have a direct maierial effect on the financial s statements or the operation5 of the charitable cornpany. includin£ ihe Cornpanies Act 2006. Chariiie5 Act 2011. Cac inspettions, safe8uardiffi8 health aAd safety and employmeni law.. we assessed the extent of compliartce with the laws and reeulations identified above through makin8 enquiries of management and directors: and identified laws and regulations were communKaied within the audit team regularly andihe team remained alert instances of non-compliance throught the audii. We a55es5ed the susceptibility of the charitable company'5 financial 5taternent5 to material misstatement. including obtasnin8 an understanding ol how fraud might occur. bv.. making enquines of mana8ement and dilor5 as to where thyconsidered there was susceptibilityto fraud, thwr knOedge of actual. suspetted and alleged fraud." and considerin8 the internal controls in place to mitieate risks of fraud and non-compliancewith laws and regulations. To address the risks of fraud through management (Y4erride tontrols. we= performed analytical proteduresto identify any unusual or unexpetted variantes,. iested IrnaL entries to identify unusualtransactiTris.' and invesieated the rationale behind significani or unusualtransactions. In sponse to ihe risk or Irregularr( and non-compliance with laws and regulaiion5 we designed procedures which included. but we not Ilmited to= agrewng financial starement di5c105ure5 10 underlyingsupFrfJrt¢ngdLxurnentation.' rÈading the rninute5 of rneetin6sof those char8ed with govemance: and enquiring of managernent as to actual anil potential litigation and claims. Because of the inherent limitations of an alit. there is a iisk that we will not detett all irre8ularities. including those leading to a material mi55tatement in the financial Statements or nofi<ompliance with regulation. Thi5 risk increases the more that compliance wAth a law or regulation 15 rerrK)ved from the event5 and transaction5 reflected in the financial statement5. 35 we will be less likely to be(ome aware of instances of non<ompliance. The risk is also greater regarding irregularities occurring due to Iraud rather than error. as fraud inw)Ives intentional concealment. forgery. collusion. omission or mi5repre5entstion. A further description of our nblIf(ieS for the audit of the financial statements is located on the Financlal Reporting Countil's website at.. https../lwww_frt.or8_uVOur-WoiklAudit-3nd-assurancÈ/Standards-anduidancelStandèrd5and- guidance-lor-auditors1Auditors-resns1IMlrt-f0r-alXlit/OcplIOn-of-adirS-resp0n$ibil1tieS-f0r-aUdit.8spx. This description fomis part of ourAvditorfs repwt. Page 17
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Note | E | E | E | E | ||
| Income from: | ||||||
| Donations and legacies |
5,704 | 5,704 | 3,381 | |||
| Charitable activities |
10,193,492 | 10,193,492 | 7,997,716 | |||
| Investments | 12,135 | 12,135 | 332 | |||
| Total income | 17,839 | 10,193,492 | 10,211,331 | 8,001,429 | ||
| Expenditure on: |
||||||
| Charitable activities |
36,482 | 10,292,736 | 10,329,218 | 7,177,648 | ||
| Total expenditure | 36,482 | 10,292,736 | 10,329,218 | 7,177,648 | ||
| Net (expenditure) )income | (18,643) | (99,244) | (117,887) | 823,781 | ||
| Transfers between | funds | 17 | (99,244) | 99,244 | ||
| Net movement in funds |
(117,887) | (117,887) | 823,781 | |||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 3,230,902 | 3,230,902 | 2,407,121 | ||
| Net movement in funds |
(117,887) | (117,887) | 823,781 | |||
| Total funds carried | forward | 3,113,015 | 3,113,015 | 3,230,902 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | f | f | ||||
| Cash flows from operating | activities | |||||
| Net cash (used in) / provided by operating |
activities | 19 | (568,532) | 1,597,003 | ||
| Cash flows from investing | activities | |||||
| Bank interest | 12,135 | 332 | ||||
| Purchase oftangible fixed | assets | 14 | (224,398) | (74,853) | ||
| Net cash used in investing | activities | (212,263) | (74,521) | |||
| Change in cash and cash equivalents |
in the year | (780,795) | 1,522,482 | |||
| Cash and cash equivalents | at the beginning | of the year | 3,878,831 | 2,356,349 | ||
| Cash and cash equivalents | at the end | ofthe year | 20 | 3,098,036 | 3,878,831 | |
| The notes on pages 22to | 36form part | ofthese financial statements |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| E | f | E | |
| Donations | 5,704 | 5,704 | 3,381 |
| Total 2022 | 3,381 | 3,381 |
| Restricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||
| 2023 | 2023 | 2022 | |||||||
| 6 | E | E | |||||||
| income from | charitable | activities - services | 10,193,492 | 10,193,492 | 7,997,716 | ||||
| Total 2022 | 7,997,716 | 7,997,716 | |||||||
| Investment | income | ||||||||
| Unrestricted | Total | Total | |||||||
| funds | funds | funds | |||||||
| 2023 | 2023 | 2022 | |||||||
| f | f | E | |||||||
| Bank interest | 12,135 | 12,135 | 332 | ||||||
| Total2022 | 332 | 332 | |||||||
| Analysis ofexpenditure | on charitable | activities | |||||||
| Summary | byfund type | ||||||||
| Unrestricted | Restricted | ||||||||
| funds | funds | Total | Total | ||||||
| 2023 f |
2023 f |
2023f | 2022 E |
||||||
| Governance | costs | 36,482 | 36,482 | 34,231 | |||||
| Expenditure | on charitable | activities - | services | 10,292,736 | 10,292,736 | 7,143,417 | |||
| 36,482 | 10,292,736 | 10,329,218 | 7,177,648 | ||||||
| Total 2022 | 144,831 | 7,032,817 | 7,177,648 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2023 | 2023 | 2022 | |||
| f | f | f | |||
| Audit | fees (Note 10) | 18,000 | 18,000 | 17,556 | |
| Staff | cost allocation | (Note 10) | 18,482 | 18,482 | 16,675 |
| 36,482 | 36,482 | 34,231 | |||
| Total | 2022 | 34,231 | 34,231 |
| Staff costs | Oepreciation | Other costs | Total | Total | ||
|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2023 | 2022 | ||
| Charitable activities |
7,994,220 | 63,531 | 2,234,625 | 10,292,376 | 7,143,417 | |
| Expenditure on governance |
18,842 | 18,000 | 36,842 | 34,231 | ||
| Total | 8,013,062 | 63,531 | 2,252,625 | 10,329,218 | 7,177,648 | |
| 2022 total | 5,517,394 | 42,030 | 1,618,224 | 7,177,648 | ||
| Net income/(expenditure) | ||||||
| This isstated after charging: | ||||||
| 2023 | 2022 | |||||
| Depreciation oftangible |
fixed assets: | |||||
| —owned by the charity |
63,531 | 42,030 | ||||
| (Profit)/Loss on disposal |
offixed assets | 39,389 | ||||
| Auditor's remuneration |
—audit | 18,000 | 17,556 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | E | |||
| Wages and salaries | 6,830,881 | 4,723,325 | ||
| Social security costs | 638,291 | 428,057 | ||
| Contribution | to defined contribution | pension schemes | 543,890 | 366,012 |
| 8,013,062 | 5,517,394 |
| 2023 | 2022 | ||
|---|---|---|---|
| No. | No. | ||
| Project staff | 227 | 164 | |
| Administrative | staff | 19 | 12 |
| 176 |
| 2023 | 2022 |
|---|---|
| No. | No. |
| Short-term | Computer | |||
|---|---|---|---|---|
| leasehold | equipment, | |||
| property | fixtures and | |||
| improvements | fittings | Total | ||
| E | f | f | ||
| Cost | ||||
| At 1April 2022 | 375,246 | 375,246 | ||
| Additions | 38,599 | 185,799 | 224,398 | |
| Disposals | (19,216) | (19,216) | ||
| At 31March 2023 | 38,599 | 541,829 | 580,428 | |
| Depreciation | ||||
| At 1April 2022 | 276,606 | 276,606 | ||
| Charge for the year | 2,252 | 61,279 | 63,531 | |
| On disposals | (19,216) | (19,216) | ||
| At 31March | 2023 | 2,252 | 318,669 | 320,921 |
| Net book value | ||||
| At 31March | 2023 | 36,347 | 223,160 | 259,507 |
| At 31March | 2022 | 98,640 | 98,640 | |
| Debtors | ||||
| 2023 | 2022 | |||
| f | E | |||
| Due within one year | ||||
| Trade debtors | 1,325,735 | 433,517 | ||
| Prepayments | and accrued income | 448,139 | 396,020 | |
| 1,773,874 | 829,537 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Trade creditors | 687,300 | 622,051 | ||||
| Other taxation and |
social security | 309,705 | 189,715 | |||
| Accruals and deferred | income | 1,021,397 | 764,340 | |||
| 2,018,402 | 1,576,106 | |||||
| 2023 | 2022 | |||||
| E | E | |||||
| Deferred | income at 1 | April | 550,157 | 35,761 | ||
| Resources | deferred | during the year | 618,593 | 534,596 | ||
| Amounts | released from previous | periods | (321,282) | (20,200) | ||
| Deferred | income at31March | 847,468 | 550,157 |
| Balance at1 | Transfers | Balance at31 | ||||
|---|---|---|---|---|---|---|
| April 2022f | Incomef | Expendituref | in/out E |
March 2023 f |
||
| Unrestricted funds | ||||||
| Designated funds | ||||||
| Fixed asset reserve | fund | 98,640 | 160r867 | 259,507 | ||
| Covid 19recovery | fund | 739,000 | (539,000) | 200,000 | ||
| 837,640 | (378,133) | 459,507 | ||||
| General funds | ||||||
| Generalfunds | 2,393,262 | 17,839 | (36,482) | 278,889 | 2,653,508 | |
| Total Unrestricted | funds | 3,230,902 | 17,839 | (36,482) | (99,244) | 3,113,015 |
| Restricted funds | ||||||
| Services | 10,193,492 | (10,292,736) | 99,244 | |||
| Total offunds | 3,230,902 | 10,211,331 | (10,329,218) | 3,113,015 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31March | ||||
| 1April 2021 | Income | Expenditure | in/out | 2022 | ||
| E | E | E | E | E | ||
| Unrestricted funds | ||||||
| Designated funds | ||||||
| Fixed asset reserve | fund | 105,206 | (6,566) | 98,640 | ||
| Covid 19recovery | fund | 600,000 | (110,600) | 249,600 | 739,000 | |
| 705,206 | (110,600) | 243,034 | 837,640 | |||
| General funds | ||||||
| General funds | 1,701,915 | 3,713 | (34,231) | 721,865 | 2,393,262 | |
| Total Unrestricted | funds | 2,407,121 | 3,713 | (144,831) | 964,899 | 3,230,902 |
| Restricted funds | ||||||
| Services | 7,997,716 | (7,032,817) | (964,899) | |||
| Total offunds | 2,407,121 | 8,001,429 | (7,177,648) | 3,230,902 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2023 | ||
| f | f | ||
| Tangible | fixed assets | 259,507 | 259,507 |
| Current | assets | 4,871,910 | 4,871,910 |
| Creditors | due within one year | (2,018,402) | (2,018,402) |
| Total | 3,113,015 | 3,113,015 | |
| Analysis | ofnet assets between funds - prior year | ||
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| f | f | ||
| Tangible | fixed assets | 98,640 | 98,640 |
| Current | assets | 4,708,368 | 4,708,368 |
| Creditors | due within one year | (1,576,106) | (1,576,106) |
| Tl | 3,230,902 | 3,230,902 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Net (expenditure)/income | for the year (as | per Statement of Financial Activities) | (117,887) | 823,781 | |
| Adjustments for: |
|||||
| Depreciation charges |
63,531 | 42,030 | |||
| Bank interest | (12,135) | (332) | |||
| Loss/(profit) on the sale offixed assets |
39,389 | ||||
| (Increase)/decrease | in debtors | (944,337) | 70,506 | ||
| Increase in creditors | 442,296 | 621,629 | |||
| Net cash provided by/(used in) operating | activities | (568,532) | 1,597,003 |