coiktPANY REGISTRATION NUMBER: 01944414 CHARTfY REGISTRATION NUMBER: 518806 BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2022
BASIC - BraiD and SpiDal Injury Centre Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2022 Page Trustees, annual rewrt {incorprnting the directorfs rew)rt) Indendent examinerfs rew)rt to the trustee5 Ststement of financial activities (including income and expenditure account) li Statement of finan¢ial position 12 Notes to the financial statements 13
BASIC - Brain and Spinal Injury Centre Limited OAnp2ny Limited by Guairanttt Trustees. Annual Report (IneorporatiDg the Director's Report) Year ended 31 March 2022 Th¢ trustees. who are also the directors for the purposes of company law, present their report and the unaudited financial statemen15 of the charity for th¢ y¢ar ended 31 March 2022. Reference and admilli8trativt detsils Registered charity Dame BASIC - Brdin and Spinal Injury Centre Limited Charity registratioA Dumber 518806 Company regiglration Dumber 01944414 Prineipal oifjce and registered 554 Eccles New Ro&1 otrice Salford Manchester MS SAP The ¢rust¢es D M Yat¢s (Chair) C Langham M Coyne N Kitching C Eaton E ONeal W Ed8e (Retired 31 December 2021) (Retired 31 December 2021) (Retired 31 December 2021) (Appointed 31 December 2021) IndepeDdent examiner M L Burge5S Simpson Burgess Nash Limited Cliart¥red Accountants Empress Business Centre 380 Chester Road Manch¢st¢r M169EA Key management persollnel D K¢an¢ S Moss P Emms J Preston CEO Neuro-physiothernpist. Rehab manager Fundraising and communications manager Café manager
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarante¢ Trustees, Annual Report Un¢orporating the Direetor's Report) (tort1CO) Yr ended 31 March 2022 Struetur4 goverDanee and mxnagemellt Constitution The organisation is a charitable company limited by guarantee. number 01944414. incorporated on 04 September 1985 and registered as a charity. number 518806. on 06 May 1987. The company is govemed by its Memorandum and Article5 of Association together with any amendments which were adopted on its incorpordtion. In the event of ihe company being wound up members are required to contribute an amount not exceeding Kl. Method of Appointment or Ele¢lion of Trustees Trustees are appointed by th¢ members and on¢ third of th¢ trust5 retire annually by rolalion at th¢ AGM. New trustee5 undertake an induction process in order to brief them on their legal obligations under charity and ¢ompany law, the structu. activities and processes of the charity and to meet key employees. Trustees ar¢ voluntary and receive no remuneration or financial benefit. OrgaDisatioDal Structure and Declon M*kiDg BASIC is an independent registered charity with a Board of Trustees Tesponsible by guarantee with a Board of Trustees responsible for governance. An exiernal review of governance was undertaken during 2020 resulting in a strengthening of the organisation. appointment of a new chair and two new trnstees. The charity Currently employs ten staff. In addition, we have thre£ self-employed specialists who work to help us meet increased demand. The TrLbStee Board have reswn5ibility for governance. strategic developm¢nt and the organization's effeciiveness. A rolling strategic business plan agreed by the Board of Trustees sets out the future bu5ifbCSS int¢ntioiis. S¥iiiur management provide regular update5 to the board. A Volunteer Manager is responsible for recruiting, supervising and managing volunteers. Regular team meetings enable all staff to hav¢ input into developments and ensure effective cA)mmunication and smooth running of the organisation. Partnership working I. BASIC is affiliated to the Greater Manchester Clinical Neuroscience's at Salford Royal Hospitals NHS Foundation Trust and tak¢s r¢f¢rrals from ¢linical staff once patients aR discharged frotn hospital. 2. BASIC has a s¢rYi¢e level agrttment with Salford Clinical Commissioning Group. 3. BASIC is a member of the GM Integrated Stroke and Neuro Rehabilitation tklivery Nthorks.
BASIC - Brain and Spinal Injury Centre Limited Company Limited by GuaraDtee Trustees, Annual Report ODcorporating the Director's Report) (¢oodv4ed) Year ended 31 Mydrch 2022 Structure? governance and management(U#flthe4) Risk Management The trustees continu¢ to assess the major risks to which the charity is exposed, in particular those r¢lat¢d to the operations and finances of the Charity. The Covid-19 pandemic and its legacy continued to impact on the ¢harity's in¢ome g¢neralion. Regular review of organisational demand and resources continue to take ple in order to mitigate the charity's exposure to financial risk. Obje¢tive$ 8nd a¢tivi¢i¢s Objectives and activitie& Purposes aDd aims BASIC exists to serve people recovering frorn acquired brain and spinal injury and their families and those with long-term neurological conditions. The charity 5pecializes in C¢ntr¢-based services for people who have undergone treatment for trdumatic head injury. brain ha¢mohag¢. brain tumour, Stroke or similw neurological injury. The Servi also support5 people with lon8-temi neurological conditions to manage their symptoms. Our mission is to help maximiz¢ r¢cov¢ry and self-autonomy and reduce reliance upon pritnary and se¢ondary ¢are. We provide our services from discharge from hospital up to return to work or meaningful activity in the community. Rehabilitation is provided through an integrat¢d pa¢kag¢ of services individually tailored. embracing a social mi)del of disability. S¢rvice5 are designed around the whole person. their family. relationship4 roles and work to help people rebuild their lives. The charity employs qualified specialists including neuro physiotherapists. physioth¢rapist5 and psychotherdpists. BASIC employs ex-¢lient4 of which there are currently three on the staff team. Th¢y can provide a unique personal p¢rspe¢tive of acquired brain injury and their joum¢y of rxov¢ry in both planning services and supporting new clients. How our activitiey deliver public benefit The charity has taken a'patient lead. approach to d¢v¢loping services which has held many hundreds of people back to work and many rebuild th¢ir lives. BASIC has invested in state-of-the-art virtual reality technology lo speed up recovery from brain injury and reduc¢ its impaci. The charity has seen 9/0 of new Clients indicating that they have achieved at l¢ast one of their personal goa15 during the rSt twelve monihs of attendance (tsken from individual rvice evaluation questionnaires at assessmenL six and twelve months 2021122). BASIC m¢eis the NHS England recommendations for person-centred services (Commissionin8 Guidanc¢ for Rehabilitation. March 201 6). We focus on g(M)d outcomes that are set by our cli¢nts and driven by their goals- W¢ ¢¢ntre on client needs and not on th¢ir diagnosis We provide an aaive and enabling process We provide inter-disciplinary team workin8 We respond to changes in twple's needs We integrate specialist and generalist services We provide cognitive and vocational rehabilitation We embrace cutting edge innovation We provide hope for ihe fiiiure
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Aonual Report OncorporatiDg the Director's Report)(LYnltnuedJ Year eDded 31 March 2022 Objectives and activities 2021122- * yegr of recovery from Ihe Pandemic Nobody could have predicled the longevity or th¢ legacy of the pandemic. whi¢h continues to affect the lives of our clients and consequently our r¢sponse and our day to day operations. Whilst lockdown for many became a memory of the recent p this was not the ongoing reality for Confidence levels within vulnerable communities, which r¢main¢d low. S¢ryi¢¢s w¢re impacted due to an extended lock-down period in Greater Manchester and attendance and cOnfenCe were further reduced by the Omicron variant in ihe autumn of 2021. The BASIC team continLd IQ Te5pond with innovation. offering services that enabled our clients and recognised apprehensions of vulnerdble clients a¥M)ut Teturning to the 'n¢w nornial,. We have continued operating a dual offer of in person and remote therapy to enabl¢ our client's recovery and rehabilitation on their ierm4 ITI their time. With support from our local CVS, we were able to support clients with internet access, equipment and software and subscriptions to b¢ able to a¢cess our s¢rvi¢¢s and to meet their ¢5sential needs online. We recogni5ed this was going to be a year of the joumey of recovery from the pandemic for the charity and our clients. Services provided during 2021n2 Information. Education aod Adviet - Assessment of needs and baseline data taken - Education & infomiation Infonnation booklets. handouts. online infomiation - online SLlPPOrt and ¢du¢ation via Zoom Mental healtb service51 emotional support in person ODline - Clinical Psychology - Cognitive Behavioural Therdpy (CB7) - Eye Movement Desensitization and Reprwessin8 (EMDR) Relationship support Self-help support groups inforn)al support and mentoring Vocational Rehabili¢ation in person and online Pre-vocational rehabilitation savi¢¢s - Advice and sUPPOrt on turn to work Vocational assessment and counselling - Work placements and voluntary work Brain injury education for employerslcolleagues
BASIC - Brain and Spinal Injury Centre Limited Company Limit by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (ctIne4) Year ended 31 March 2022 Obje¢tiv¢s and activities{¢oMinu¢&J Cognitive rebabilitstloD - Cognitive training including memory management. coneentrdtion and attention. reasoning. judgement and planning. Course on stoicism Work with client and iheir familylcarer to devise cognitive re-trdining at home Implementation of cognitive strdtegies in the workplace - Memory management support group Body BASIC: Power Assisted Exertise Gym 17 wiwer-a5SiSted exercise machines and Vibrogym - Neuro-physiotherapist assesstneni and re-assessment - Support from physiotkrapi5t and physical therdpists Spe¢ialist rehabilitation lor stroke patients Sp¢¢ialist tr¢admill. harness and balan¢¢ machine - Hand cycling with virtual scenery Online exercise classes Aeeelerated InterAetive Rteovery (AIR) Provides virtual reality technology for physical and cwitive rehabilitation. BASIC uses the following technology w our Centr¢: l. Computer Assisted Rehabilitation Environment or CAREN 2. C-mill 3. Dynstsble Training courses & Therapeutic Attivitieg Managing memory problems - Memory support 0Up - Brain HaeInOh8ge support group - Stroke Support Group Volunteeringlwork experience Work experience in BASIC'S cafe and shop Volunteering in the therapy garden
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Truste, Annual Report Oncorporgting tbe Direetor's Report){C•{erf) Year ended 31 March 2022 Objectivw 2nd 4¢tivitlQS I71¢) Therapy Garden During 2021 we were able to continue to transform our therapy garden with the addition of a Canopy shelter to allow cover to encourage grea*r use of the garden. We have agreed future plans for 22123 to install some outdoor exercise and rehabilitation equipment for use of our beneficiaries. This is possible due to an ongoing generous grant from the Booths Charili¢s.
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report Oncorporating the Direttor's Report) Year ended 31 March 2022 Aehlevements ttd perfoTmD¢e Covertsance." change at tbe top New Chief Execurfve Th¢ sumtner of 2021 saw an extensive process to recrntt the succassor to BASICS first ever employee and retiring Chief Executive Wendy Edge. New Chief Executive David K¢an¢. bkviDg a wea]th of expthettee ID the public, privat¢ and voluntary sectors. was appointed by tbe board and arrived at BASIC in October 2021, allowing for a band-over period prior to Wendy's r¢tir¢m¢nt in D¢¢emb¢r 2021. Trystees BASICS forn]er ChaRr attd founder. Derek G&sk¢ll. sadly pass¢d away in January 2022 having recent]y r¢tir as a lrnstee and holding a role as honorary chair. Derek was ihe original foullder of the charity in 1986 to support the Neurosciences at Salford Royal NHS Trust. The Chan"ty wa5 ¢stsblisbed following Derek's wife Dorothy, Suffered a braiD haeMOhag¢ and widerwent life-saving brain surgery. In those days there was little offered it) ternis of rehabilitstion and ihe horror of tkn"s experience prompt¢d D¢r¢k to establish a cbarity. Sadly, Dorothy pa$5ed away only month5 after her husb3nd Derek in 2022. During 2021122 we also gave thanks to ourreiiring trLLStees Martiti CoyDe, Nicola .1¢hIng and Eamonn ONeal and wel¢omed Wendy Edge, our outgoing Chi¢fEx¢cutiv¢ to serv¢ aiong5ide continuing IN5tees Dianthe Yates, Clive and Chris Eak)D. Tte¢S are planning for recDJitnieot of further trustees to join them over the next year. Trinantial review Financial Review 2021122 It h&s been a ¢hallenging year finaDcially. due to the pandemic and its legacy. Despite the best efforts of the team. it was a period where our accotsnts show that our expellditure outweigbcd our income. Our operations aDd resources continu¢ be carefully managed and regularly M[110Ted. Reserve5 policy Th¢ TnLStees have establisbed a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held bythe charity, should b¢ 51X rnQDths of the resources ¢xp¢oded and the Trnslees consider th¢ uwonunitted res¢rv¢s ai 31 March 2022 of £134.504 to be adequate for this putpose. This will enable us to continue activili&% of the cljarity ill th¢ ¢vent of $irIcaDI drop in funding. A Strategy is in place and is regularly monitored and reviewed in ordet to steer the charity ibrough this fanciallY challenging lime.
BASIC - Brain and Spinal Injury Centre LimAted Company Limited by Guarantee Trustees, Annual Report ODcorporatiDg the Diredor's Report) fcoAtin¥tdJ Year ended 31 March 2022 Plans for future periods Future Strat Trust¢¢s and management have E*en 5ucces5ful in steering the charity through the pandemic and are now v¢ry aware of the lasting legacy. both in tern)s of demand on s¢rvi¢¢s and impact on finances- both as an organization and the ability of many beneficiaries to contribute towards the cost of services. Our focus for the future is on removing the barriers to accessing service4 both financially and physically. We endeavour to provide a Service to all that need our services, regardless of the ability to contribute towards costs. We also plan to introduc¢ an environmentally frtendly accessible travel service for our clients in the wming year to help overcome the b8rriers of the lack of affordable. a¢SSible. safe and conv¢ni¢nt transportation to visit the centre. Our ongoing challenge is that of sustainable fundin& and we ar¢ working collalM)rdtively to build meaningful partnerships with other local organisations in public. volLmtary and private s¢ctors to enable this. We Continue to build trust with our supporter b&se by beirtg transparent about how the charity runs and spends its in¢om¢. Small Company provi5iOIIS This report has been prepared in accordance with the provisions applicable to wmpani¢5 ¢ntitled to th¢ small Companies exemption. The trustees. annual rekw)rt was approved on ..... trustee and signed on behalf of the board of D Yates Chair
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Gu2ranttt Indep¢ndent Examiner's Report to the Trustees of BASIC - Brain aDd Spinal Injury Centre Limited Year ended 31 March 2022 I report to the ttuste¢5 on my examination of the financial statements of BASIC- Brnin and Spinal Injury Centre Limited (Ihe charity,) for the year ended 31 Mawh 2022. RespoDsibilities and basis of report As ihe trustees of the cownpany (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself that the COUnts of the company are not required to be audited under Part 16 of th¢ 2006 Act and are ¢ligible for independent examination, I report in respect of my examination of the charity's accounts as Carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In rrying out my examination I have followed the Directions given by the Charity Commission under section 145(5Xb) of the 2011 Act. Independent examiner's statemell¢- matter of ¢on¢ern Idetified Since the charity's gross income exceeded £250.(M)O your examiner must be a mernber of a body listed in section 145 of the 2011 Act. I confirni that I am qualified to und¢rtok¢ the examination be¢aus¢ l am a member of ihe Insiitute of Chartered Acuntants in England and Wales {ICAEW). which is one of th¢ list¢d bodies. The charity's gross incom¢ exc¢eds £250.0(KJ and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Auntants in England and Wales. I confirni that no other matters have com¢ to my attention in connection with my examination giving m¢ uus¢ believe that in any material re$t. a¢wunting rccords w¢rc not k¢pl in respect of the charity as required by section 386 of the 2006 Act" or the financial statements do not accord with those record5" or the financial ststernents do not comply with the accounting rquirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination" or the financial statements have not been prepareAJ in accordance with the methods and principles of the Stalement of Recommended Prdetice for accounting and reporting by charitie5 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)-
BASIC - Brain and Spinal Injury Centre Limited CompaDy Limited by Guarantee Independent Examiner's Report to the Trustees of BASIC - Brain And Spinal Injury Centre Limited (cowtsw41 Year eDded 31 March 2022 I wnfirm th ther¢ are no other matters to which your atttIOn should be drawn to enable a proper understanding of the accounts to be reached. M L Burgess IrEdependent Examiner Associate- Institute of Chartered Accountants in England and Wales Simpson Burgess Nash Limited Empress Business Cenire 380 Chesler Road Man¢h¢ster M169EA Dale ...Iq.. I I. rL 10-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Statement of Financial Activities (including income and expeDditure 2ceount) Year ended 31 March 2022 2022 Restricted funds Totsl funds Total funds 2021 Unrestricted fiinds Note Income and tndowments Donations and legacies Charitable activities Other trading activities Investment income 22.407 22.923 19.760 150.917 92.618 173a24 115541 19.760 344.058 138.259 4.052 166 Total income 65.10 243.535 308fi25 486.535 Expenditure Expenditure on raising funds: Costs of raising donations and legacies Costs of other trading activities Expenditure on chariiable activities Other expenditure Totsl expenditure 17.710 2.778 81.190 5,523 17,710 2.778 288205 s23 30.493 5.199 326.839 io 11,12 14 207.015 107,201 207.015 314216 362,531 Net (expenditureyincome (42.111) 36.520 {5591) 124,004 Transfers between funds 17.630 (17.630) Net movement iu funds (24,481) 18,890 {559A) 124.004 Reconciliation of funds Total funds brought forward Total fund5 carried fonvard 771.886 747.405 72237 91.127 844,123 720.119 838532 844,123 The statement of financial activities includes all gains and losses recognised in the year. All incom¢ and expenditure derive from continuing activities. The notes on pages 13 to 26 forni part of these financial statements. 11
BASIC - Brain and Spinal Injury Centre Limited Company Limited by GuaraDtee StatemeDt of FiDaDeial Position 31 March 2022 2022 2021 Note Fixed assets Tangible fixed assets 19 612901 644,322 Current *ets Stocks Debtors Cash at bank in hand 20 21 150 6.191 327.248 4525 294.139 299th51 333.589 Creditors: amounts falliDg due wi¢hin one year Net curren¢ assets 31.446 66.449 268205 881,106 267.140 911.462 Total &qsets less eurrent liabilities Creditors: amounts falling due after more tb3A one year 42574 67,339 Net assets 838532 844.123 Funds of the Charity Restricted funds Unrestricted fijnds 91,127 747,405 838532 72,237 771,886 Total eharity funds 25 844.123 For the year ending 31 March 2022 the charity was entitld to ¢x¢mption from audit under sectinn 477 uf lh¥ Companies Act 2006 relating to small companies. Dir¢¢tors' r¢sponsibiliti¢s: The rnember5 have not requir¢d th¢ wmpany to obtsin an audit of its financial statements for th¢ year in question in accordance with Sttiion 476. The directors acknowledge their responsibililies for complyin8 With the requirements of the Act with respect to a¢¢ounting rewrds and the preparation of financial statements. These financial statements have been prepared in accordance with the provision5 applicable to companies subject to the small compani¢s' rcgime. Th financial statemenis were approved by the board of trustees and authorised for issue on 1g/il/2 and are signed on behalf of the board by: D Yates Chair The notes on pages 13 to 26 fomi part of these financial statements. 12-
BASIC - Brain and Spinal Injury Centre Limited Compaoy Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2022 General informatiom The charity is a public ixnefit entity and a private company limit by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 554 Eccles New Road, Salford, Manchester, M5 SAP. St8temellt of complianee Th¢s¢ financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Pwtice applicable io charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Compani¢s A¢t 2006. Accounting policies Basis of preparntio The financial statements have been prepared on the historica] cost basi4 as modified by the revaluation of certain financial assets and liabilities and investment properties me&sured at fair value through incom¢ or ¢xp¢ndilure. Th¢ financial sW¢ments are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertaintie5 about th¢ charity'5 ability to continue. Judgements and key sources of estimation uneertaiDty In th¢ application ot the charity's accounting w)licie8 the membeTS are required io mak¢ judgements. estimat¢5 and assumptions about the canying atnounts of assets and liabilities that are not readily available from oiher sources. The estimates and associated assumptions are b&sed on histori¢al exp¢ri¢n¢¢ and other factors that are considered ts) be r¢l¢vant. Actual results may diff¢r from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period. or in the period of the revision and fure periods ifthe revision affecis both Cuent and future periods. During the year. there We no judgements in applying the accounting policies and key SOU¢$ of estimation uncertainty which materially affected the financial statements. 13-
BASIC - Brain and Spinal IDjury Centre Limited Company Limited by Guarantee Notes to the Financial Statements {¢wlA Year ended 31 March 2022 Aecounting policies Fund areountlDg Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charitsble objectives of the charity. Designated funds are unrestricted funds eamiarked by the ttee$ for particular PUryKJses. Restricted funds are to be used for specific PUTposes &s laid down by the donor. Expenditure which meets these criteria is charged to the fund. Incoming resources All incoming resources are included in the statement of finarKial activities when the charity is entitled to the income and the atnount can be quantified with re&sonable accuracy. The following specific policies are applied to particular categories of income= Voluntary in¢om¢ is r¢c¢iv¢d by way of grants. donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific perforniance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the clwity where this can be quantified. The value of services provided by volunteers has not been includ. Gifts donated for r¢sale arc included as incoming resources within activities for generating funds when they are sold. Grants. including 8rants for the purchase of fixed assets, are rywised in full in the statement of financial aciivities in the year in which they are Teceivabk. Income from th¢ charity shop. cafe and investments are included in the yw in which they are receivable. Legacies are included when the ¢hariry is advised by the personal representative of art estate that payment will be made or property transferred and the amount involved can be quantified. -14-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarnntee otu ¢0 the FiDan¢ial Ststements {¢oRtiAveé) Year ended 31 Mareh 2022 A¢¢oun¢ing polieies (c•1#tl Resources expended Expenditure is recognis¢d i)n an accrual basis as a liability is incurrd. Expenditure includes any VAT which cannot be fully recover¢d. and ts reported as part of the eXndItUre to which it relat¢s. Costs of generating funds wmprise the costs associated with atlTacting voluntary income and the costs of trading for fundraising purposes. Charitable eKp¢nditur¢ comprises thos¢ costs incurred by th¢ Charity in the delivery of its acliviti¢s and Services for its beneficiaries. It includes both costs that can be allo¢atd ditlY to such activities and those costs of an indirect nature necessary to support them. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminaiing inforniation in support of the charitable activities. Support costs are those costs incurred directly in supp)rt of expenditure on the objects ofthe charity and include project management. There are a number of costs, including staffing costs, where it is impractical to alkKate these costs precisely between administration and charitable expenditure and the trustees have allocated such osts on th¢ basis of reasonable estiMe$ as follows: StaIng and related expenses- On the b&sis of salary wst& and hours spent on different activities Premises wsts and related expenses- Based on an estimate of ernployee activity or space occupied Operating leases Lease payments are recognised as an expense over the lease terni on a Straight-line basis. The aggregat¢ benefit of lease incentives is recogni5ed as a reduction to exp¢ns¢ over the lease tenn. on a straight-line basis. Tangible 4ssets Tangible &ssets are initially recorded at cosc and subsequently stated at cost less any accumulated depreciation and impairn)ent 105s¢s. Any tsngible assets Caled at revalued amounts are recorded at the fair value at the date of revaluaiion less any subsequent accumulated depreciation and subsequent accumulated impairn]¢nt Ioss¢5. 15-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements (contiA¥edJ Year ended 31 Mareh 2022 Accountillg policies Tangible assets fcoRtimied) An increase in the carrying amount of an asset as a Ytsuli of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impainnent that has previously been recognised as expendilure within the sthtement of financial activities. A decrease in the carying atnount of an asset a5 a result of revaluation. is recognised in other recognised gain5 and losses. except to which it offsets any previous revaluation gain. in which case the loss is shown within other r¢¢ognis¢d gains and I0S on the sthiement of financial activities. Depre¢iatioD Depreciation is calculated so as to writ¢ off the 51 or valuation of an asseL less its residual value, over the useful e¢onomi¢ life of ihat asset as follows.. Freehold property Fixtures and fittings Motor vehicles Equipment 10/0 straight line 150/0 reducing balance 250/0 reducing balance 15Yo r¢ducing balan¢¢ Impairnitnt of red a&sets A review for indicators of impatrnlent is carried out at each rep)rting date, with the recoverable amount being estimat¢d where such indicators exist. Where the carrying value exceeds the recoverdble amount. the asset is tmpaired xcording]y. Prior impaimlents are also reviewed for possible reversal at each reportin8 date. For the purposes of impairnient te5tin& when it is not possible to estimate the recoverable amount of an individual set. an estimlltc is made of tlie Verable amount of the cash-generating unit to which the asset belongs. The cash-g¢n¢rating unit is the smallest identifiable group of assets that includes ihe asset and generates inflows that largely independent of the cash inflows from other assets or groups of assets. For impaimient testing of goodwill. the goodwill acquired in a busin¢ss combination is, from the acquisition date, allocated to each of the cash-generdting units that are expected to benefit from th¢ synergies of the ¢ombination, irreswive of whether other assets or liabilities of th¢ charity are assigned to those units. Stockg Stocks are measured at the lower of cost and estimated selling pri¢¢ less costs to compl¢le and sell. Cost includes all costs of purchase. costs of wnver5ion and other costs incurred in bringing the stock to its present location and condition. Financial instruments A financial asset or a financial liability i5 r¢cognised only when the charity becomes a party to the contractual provisions of the instrument. -16-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by GuaraDtee Notes to the Financial Statementsfc•Ar{Hrfl Year ended 31 Mareh 2022 Accounting policies fcoMiA¥¢ Finan¢i41 instruments Basic financial instnjments are inilially recognised at the amount receivable or payabl¢ including any related Iransa¢tion costs. Current &55ets and current liabilities are subsequently measured at th¢ or other consideration ¢xp¢cied to paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Defined conlribytion plans Contributions to defined ntrIbutIon plans are recognised as an expense in the period in which the related service is provided. Prepaid ¢ontributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a c&%h refund. When contributions are not ex&ed to be settled wholly within 12 months of the end of the rewirting date in which th¢ ¢mploy¢¢s render the related service, the liability is measured on a discounted present value b&sis. The unwinding of the discount is recognised as an expense in the period in which it arises. TgXatioD The charity is ex¢mpt from corp)ration tax on its charitable activitie Limi¢ed by guaranlee BASIC - Brain and Spinal Injury Centre Limited is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to ¢ontrAbute such amount as may required not exceeding £1 to the assets of the charitsble company in the event of its being wound up while he or she is a member. or within one year after he or she ceases to be a member. -17-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guaranttt Notes to the FiDan¢ial Statements {cQaeJ Year ended 31 March 2022 DoD#tiony and legaa& Unr¢stricted Funds R¢strict¢d Total Fund$ Funds 2022 DoDations Donations 19.644 19,644 Grants Grants received 2.763 150.917 153,680 22.407 150.917 173J24 Unrestricted Funds Restricted Total Funds Fund5 2021 Donations Donations 229.049 229,049 Grants Grants received 13,159 101,850 115.009 242.208 101,850 344,058 2022 Grants for restricted purposes Salford CCG National lottery Lloyds foundation Veterans foundation ABF Soldiers charity Children in Need Workers education Royal Navy and Royal Marines charity Award5 for All Booths Charities Edwards Hobson Smaller bursaries Total {56,772) {45250) {25,000) {21,71N)) {20,0(H)) {11541) {14,195) {12,0(M)) (8,875) (8,002) (5,0(MJ) (5,0(M)) (10200) (243,535) 18-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial StatemeDtS(e• Year ended 31 March 2022 Charitable activities Unrestricted Funds Restricted Totsl Funds Funds 2022 Perfomiance-related grants Body Basic membership fees Brain and Spinal Injury Centre activities CAREN income 1.205 10.960 4.435 6.323 92.618 93,823 10,960 4,435 6J23 22.923 92.618 115,541 Unrestricted Funds Restricted Total Fund5 Funds 2021 Perforniance-related grants Body Basic membership fees Brain and Spinal Injury Centre activities CAREN income 77.661 10,812 7.303 4.483 38,000 115.661 10.812 7,303 4,483 100.259 38.OOQ 138.259 Other trading tivitieS Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Fundraising events f.afe income Room hi Health food sales 12.852 4.545 1,300 1,063 19,760 12852 4J45 792 1.044 900 1.316 792 1.044 900 1,316 19,760 4,052 4,052 Investmellt illtotne Unrestricted Total F•tsds Unrestricted Total Funds Funds 2022 Funds 2021 Bank interest receivable 166 166 -19-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to tbe FiDancial Slatements f(•R Year ended 31 March 2022 Costs of rai51Dg dollations and legacies Unrestricied Tot41 FuDds Unrestricted Total Funds Funds 2022 Funds 202I Donations- wages and salaries Donations- pension costs Donations- rdtes & water Donations- light & heat Donations- repairs & maint¢nan¢c Donations - motor and travelling costs Donations- telephone Donations- deplatiOn Donations- other expens¢s 14,561 1.755 162 533 305 412 480 803 (iJoi) I461 1.755 162 23,265 1,129 175 609 426 396 1,193 ,602 1.698 23,265 1,129 175 609 426 396 ,193 1.602 1,698 412 (ijoi) 17.710 17,710 30.493 30,493 10. Costs of other ¢radiDg a¢tivities Unrestricted Totsl Funds Unr¢strAct¢d Total Funds Funds 2022 Funds 2021 Health foods - opening stock Health foods - pur¢hases Health foods - closing stock Evenis- wages and salaries Events- pension costs Evenls- rates & water Ev¢nts- lighi & heat Events- repairs & maintenance Events- insurance Events- other motor and travel costs Events- telephone Events- other olTice costs 150 248 (987) 693 92 162 533 305 39 824 480 239 150 150 132 (150) 1,108 59 l75 150 132 (150) 1,108 59 175 {987) 693 92 162 $33 305 39 426 42 791 1,193 664 426 42 791 1.193 239 2,778 2,778 5,199 5.199 -20-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the FiDaDci*I Statements Yr eDded 31 March 2022 I l. ExpeDdi¢ure on Charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2022 Body Basic gym activities Brain and Spinal Injuries Centre adivities Support costs 24,997 51,932 4.261 81,190 714 206,301 25,711 258,234 4260 207,015 288,205 Unrestricted Funds Restricted Total Funds Funds 2021 Body Basic gym activities Brain and Spinal Injuries Centre activities Supw)rt costs 39.846 120.122 4,610 714 161.547 40.560 281.669 4.610 164.578 162.261 326.839 12. Expendi¢ure OD charitable aetivities by aetivity type Activities undertaken dir¢dly Support costs Totsl funds 2022 Total fund 2021 Body Basi¢ gym aciivities Brain and Spinal Injuries Centre activilies Governance costs 25.711 25.711 40.560 258,234 258234 4260 288205 281,669 4,610 326.839 4.260 283.945 4260 13. Analysis of support eosts C¢ntr¢ tivities Totsl 2022 Total 2021 Govemance costs 3.557 3557 4.598 -21
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements (c•M#ft4e4 Year ended 31 March 2022 14. Other expendilure Unrestricted Total Funds Unrestricted Totsl Funds Funds 2022 Funds 2021 EA)ss on disposal of tangible fixed asse15 held for charity's own use 5.523 5523 IS. Net (expenditsreyineome Net {expenditure)lincome is stated after chargin(Crediting)- 2022 2021 Depreciation of tangible fixed assets Loss on disposal of tangible fixed ass¢ts 38.749 5J23 46.029 16. Independent exatDinatioD fe 2022 2021 Fees payable to the independent examiner for. Independeni examination of the financial statements 1500 1,500 17. Staff ¢osts The total staff costs and employee benefits for the Teporting period are analysed as follows.. 2022 2021 Wages and salaries Employer contributions to pension plans 204,800 3J07 211,209 2,970 214,179 208,107 The avernge head count of employees during the year was 12 (2021: 12). The averag¢ number of full-tim¢ ¢quival¢nt employees during the year is analysed &8 follows.. 2022 2021 No. Number of service providers and administrdtion 12 12 No employee received employeL ben¢fits of more than £60,000 dwing the year (2021: Nil). -22-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to tbe FioaDtial Statements(t*rtifiMdJ Year ended 31 Mareh 2022 18. Trustee remuDerAtion and expeDses Trustees The trustees did not receive any remuneration (2021 £nil) neither were they reimbursed ¢xpenses during the year (2021 £nil). Nicola Kitching. a trusiee. is a Chartered Clini1 Psychologist and Provided clinical p5ycho108y services to clienls during the year and was paid s/0 of the commercial rate at a c05t of £1.950 (2021:£1,598). This was approved by ihe other trustees. On her retirement during the year, assets were trdnsferred to forn)er CEO and current Trustee Wendy Edg¢. They consisted of a motor vehicle and conlputer equipTnent and no considerdtion was received in reSpt of these assets as approved by the other trusiees. The ik value of the assets valued at £5.523. During th¢ y¢ar £200 was paid for clinical services. 19. Tangibk fixed assets Land and Fixtures and buildings fittings Motor vehicles Equipment Total Cost At l April 2021 Additions Disposals A¢ 31 March 2022 510J02 96,801 18.375 683.701 12.850 I J09,079 12,850 (19,982) IJOl,947 (1.607) 95.194 (18,375) 510202 696.551 Depreei2tioll Ai l April 2021 Charge for the year Disposa15 93,923 5,102 76.110 2.928 (446) 78.602 14,014 480,700 30.719 664,757 38,749 {14,460) 689,046 (14.014) At 31 Mar¢h 2022 99,025 511,419 Carrying amoun¢ At 31 March 2022 411.177 16,592 185.132 612.901 At 31 March 2021 416.279 20.681 4.361 203.001 644.322 20. Sto¢ks 2022 2021 Goods for resale 150 21. Debtors 2022 2021 Other debtors 4525 6,191 -23-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements (cwwR4t41 Year ended 31 March 2022 22. Creditors: amo•nts rlIng due within ont year 2022 2021 Bank loans Social security and oiher t&xes Other creditors 23035 4,714 2097 31,446 22.152 5.742 38.555 66.449 23. Creditors: amounts falling due gf¢¢r more ihan one year 2022 2021 Bank loans 42J74 67.339 The bank loan is secured on the fr¢¢hold property 24. Pensions and other post retirement benefits Defined eontriblltioll platts The amount recognised in income expenditure an expens¢ in relation to defin¢d contribution plans was £3,307 (2021: £2,970).
BASIC - Brain and Spinal Injury Centre Limited CompaDy Limited by Guarantee Notes to Ihe Financial Statemeots (ewAvedJ Year ended 31 March 2022 25. Analysis of ¢harit2ble funds Unrestrieted funds At l April 2021 At31 Transfers March 2022 Inwmc Expenditure Unrestricted income funds Unrestricted designated Funds 735.378 65.090 (107,201) 17,630 710397 36.508 365(Yd 771.886 65.090 (107,201) 17.630 747,405 The designated fund represents the net book value of tangible red assets which were purchased using restricted funds but as all restrictions have been mel the assets are not restricted. Transfers relate to those purchased in the current year. Res¢ric¢ed funds At l April 2021 At31 Transfers March 2022 In¢om¢ Expenditure Restricted funds 72.237 243.535 (207.015) (17.630) 91,127 The purpose of restricted funds d¢riv¢d from donations received has been to fund the purchase of fixed a5set5 and to meet the cost of salaries and other centre costs. In each case the income has been applied to the expenditure in a¢wrdan¢e with thc r¢sirictions. -25-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements {cvAJwedJ Year eoded 31 March 2022 26. ADlysis of Det assets between funds Unrestricted Funds Restricted Totsl Funds Funds 2022 Tangible fixed ass$ Current assets Creditors less than l year Cr¢ditors greater than l year Net assets 612.901 208.524 (31.446) (42.574) 747.405 612,901 299,651 (31,446) (42574) 838,532 91.127 91.127 Unrestricted Restricted Total Funds Funds Funds 2021 Tangible fixed assels Current $¢t5 Creditor5 less than l year Creditors greater than l y¢ar 6U,322 261.352 (66.449) (67.339) 6M,322 333.589 (66,449) (67.339) 72.237 Net assets 771.886 72.237 844.123 27. Operating leAse commitments The total future minimum lease payments under non-w)¢ellable operating leases are as follows.. 2022 2021 Later than 5 years 4,080 7.092 28. Related parties See note 18 for related paty transactions. -26-