REGISTERED COMPANY NUMBER: 02329515 (England and Wales) REGISTERED CHARITY NUMBER: 701532
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
MENCAP WOLVERHAMPTON
Crombies Accountants Limited Chartered Accountants 34 Waterloo Road Wolverhampton West Midlands WV1 4DG
MENCAP WOLVERHAMPTON
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
MENCAP WOLVERHAMPTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The overall object for which the charity was established is the relief of people with a learning disability in the City of Wolverhampton and its surrounding area.
The objectives and the Public Benefit are met through:
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The provision of help and advice for them, their families, dependants and carers
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Making known the needs of its members to a wide range of social and medical service providers
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Practical and financial support to the organisations providing services to the members
The company is affiliated to Royal Mencap and works closely with its local representatives and also with other organisations with similar aims
ACHIEVEMENT AND PERFORMANCE
The year under review was largely operating under Lockdown and Shielding restrictions. The committee continued to meet regularly but virtually by the internet.
The charity continued to operate the Gateway Club and to support other organisations with similar aims by the provision of accommodation, advocacy, and where possible financial support. When the Club was unable to meet Face-to Face the opportunity was taken (with the aid of a grant) to increase the computing and on-line facilities and skills of the members.
Grants are approved after a review of the work and needs of the Company and of the recipient group.
The charity represents the interest of members on a wide range of social and medical services committees and groups.
FINANCIAL REVIEW
Investment policy and objectives
The trustees consider the most appropriate policy for the investment of surplus funds is to hold them within Bank Funds. This provides flexibility of movement in a period of low interest rates.
Reserves policy
The company's reserves are all available to enable the company to carry out its charitable objectives. Accordingly, the trustees do not have a specific policy regarding the retention of reserves. The trustees' main priority is to ensure that there are sufficient reserves to enable the company to continue its current activities in the event of a significant drop in funding.
The accounts are in respect of the year ended 31 December 2020.
The income continues to be provided by a wide range of individuals and groups. Fund raising activities are geared to involving members.
Finance for charities continues to be difficult and the trustees are very grateful for the support that Mencap Wolverhampton has received during the year.
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MENCAP WOLVERHAMPTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
FUTURE PLANS
Thanks to a dedicated and enthusiastic team of volunteers, Wolverhampton Gateway Club has continued to support members during lock down.
Premises- During the year, Mencap Wolverhampton has been refurbishing the Charity's freehold premises and adding additional toilet facilities.
The Charity is continuing to develop new partnerships to benefit the social and employment skills of young persons with learning difficulties.
Other projects will be maintained and developed.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Mencap Wolverhampton is a charitable company, which was incorporated as a company on 19 December 1988. The company was registered as a charity on 8 May 1989
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's articles are known as directors of the charity.
Under the requirements of the Memorandum and Articles of Association, the directors of the charity are required to resign and be re-selected each year.
Due to the nature of the work of Mencap Wolverhampton, the focus is upon persons with a learning disability. The board of directors seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body
Induction and training of new trustees
Most trustees are already familiar with the practical work of the charity from first-hand experience of working with the board and with persons with a learning disability.
Additionally, new trustees meet with members of the board and discuss:
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The obligations of board members.
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The main documents which set out the operational framework for the charity, including the Memorandum and Articles.
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Resourcing and the current financial position as set out in the latest published accounts.
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Future plans and objectives.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02329515 (England and Wales)
Registered Charity number
701532
Registered office
Glyn Bank 13 Lloyd Road Wolverhampton WV6 0RL
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MENCAP WOLVERHAMPTON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
Trustees
Mrs P K Bhogal Volunteers Manager A M Chilvers Retired Mrs P A Davies Carer Mrs J Hepwood Retired Mrs J E Hunt Learning Support Assistant Mrs T J O'Hara Retired G J Peters Chartered Accountant Mrs S Roberts Housewife Mrs J Silvester Part Time Relief Warden Gents Hostel Mrs M C Solomon Retired Mrs J E Vanstone Retired Deputy Head Teacher
Company Secretary
G J Peters
Independent Examiner
Crombies Accountants Limited Chartered Accountants 34 Waterloo Road Wolverhampton West Midlands WV1 4DG
Bankers
Lloyds TSB Bank plc High Street Tettenhall Wolverhampton WV6 8QT
Approved by order of the board of trustees on 15 September 2021 and signed on its behalf by:
A M Chilvers - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MENCAP WOLVERHAMPTON
Independent examiner's report to the trustees of Mencap Wolverhampton ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements 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
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ian Cattell F.C.A Chartered Accountant Crombies Accountants Limited Chartered Accountants 34 Waterloo Road Wolverhampton West Midlands WV1 4DG
15 September 2021
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MENCAP WOLVERHAMPTON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 52,068 Charitable activities 5 Gateway fund - Other trading activities 3 - Investment income 4 48 Total 52,116 EXPENDITURE ON Raising funds 400 Charitable activities 6 General charitable activities 29,936 Gateway fund - Total 30,336 NET INCOME/(EXPENDITURE) 21,780 RECONCILIATION OF FUNDS Total funds brought forward 116,003 TOTAL FUNDS CARRIED FORWARD 137,783 |
Restricted fund £ 2,015 1,543 730 - 4,288 - - 2,712 2,712 1,576 16,466 18,042 |
2020 Total funds £ 54,083 1,543 730 48 56,404 400 29,936 2,712 33,048 23,356 132,469 155,825 |
2019 Total funds £ 20,066 4,826 5,126 73 30,091 1,575 17,618 15,979 35,172 (5,081) 137,550 132,469 |
|---|---|---|---|
The notes form part of these financial statements
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MENCAP WOLVERHAMPTON
BALANCE SHEET 31 DECEMBER 2020
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 10 599 Cash at bank 140,103 140,702 CREDITORS Amounts falling due within one year 11 (2,919) NET CURRENT ASSETS 137,783 TOTAL ASSETS LESS CURRENT LIABILITIES 137,783 NET ASSETS 137,783 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - 18,042 18,042 - 18,042 18,042 18,042 |
2020 Total funds £ 599 158,145 158,744 (2,919) 155,825 155,825 155,825 137,783 18,042 155,825 |
2019 Total funds £ 589 133,231 133,820 (1,351) 132,469 132,469 132,469 116,003 16,466 132,469 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15 September 2021 and were signed on its behalf by:
G J Peters - Trustee
The notes form part of these financial statements
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The presentation currency of the financial statements is the Pound Sterling (£)
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Going concern
These accounts have been prepared on a going concern basis as there are no material uncertainties about the charity's ability to continue
Jurisdiction of charity
This charity is registered with the Charity Commission in England and Wales
continued...
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 2. DONATIONS AND LEGACIES Subscriptions and donations Legacies Grants 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Income from Club Activities Gateway fund 6. CHARITABLE ACTIVITIES COSTS General charitable activities Gateway fund |
Direct Costs £ 28,736 2,712 31,448 |
2020 £ 5,193 48,000 890 54,083 2020 £ 730 2020 £ 48 2020 £ 1,543 Support costs £ 1,200 - 1,200 |
2019 £ 16,356 - 3,710 |
|---|---|---|---|
| 20,066 | |||
| 2019 £ 5,126 2019 £ 73 2019 £ 4,826 Totals £ 29,936 2,712 |
|||
| 32,648 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
continued...
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 8. STAFF COSTS Wages and salaries The average monthly number of employees during the year was as follows: Administration, support and fund-raising No employees received emoluments in excess of £60,000. 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 900 Charitable activities Gateway fund - Other trading activities 3,649 Investment income 73 Total 4,622 EXPENDITURE ON Raising funds 1,575 Charitable activities General charitable activities 17,618 Gateway fund - Total 19,193 NET INCOME/(EXPENDITURE) (14,571) RECONCILIATION OF FUNDS Total funds brought forward 130,574 TOTAL FUNDS CARRIED FORWARD 116,003 |
2020 £ 3,120 3,120 2020 1 Restricted fund £ 19,166 4,826 1,477 - 25,469 - - 15,979 15,979 9,490 6,976 16,466 |
2019 £ 3,852 3,852 2019 1 Total funds £ 20,066 4,826 5,126 73 30,091 1,575 17,618 15,979 35,172 (5,081) 137,550 132,469 |
|---|---|---|
continued...
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 12. MOVEMENT IN FUNDS At 1.1.20 £ Unrestricted funds General fund 116,003 Restricted funds Wolverhampton Gateway Club 16,466 TOTAL FUNDS 132,469 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 52,116 Restricted funds Wolverhampton Gateway Club 4,288 TOTAL FUNDS 56,404 Comparatives for movement in funds At 1.1.19 £ Unrestricted funds General fund 130,574 Restricted funds Wolverhampton Gateway Club 6,976 TOTAL FUNDS 137,550 |
2020 2019 £ £ 599 589 2020 2019 £ £ 2,919 1,351 Net movement At in funds 31.12.20 £ £ 21,780 137,783 1,576 18,042 23,356 155,825 Resources Movement expended in funds £ £ (30,336) 21,780 (2,712) 1,576 (33,048) 23,356 Net movement At in funds 31.12.19 £ £ (14,571) 116,003 9,490 16,466 (5,081) 132,469 |
|---|---|
continued...
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 4,622 | (19,193) | (14,571) |
| Restricted funds | |||
| Wolverhampton Gateway Club | 25,469 | (15,979) | 9,490 |
| TOTAL FUNDS | 30,091 | (35,172) | (5,081) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Wolverhampton Gateway Club TOTAL FUNDS |
At 1.1.19 £ 130,574 6,976 137,550 |
Net movement in funds £ 7,209 11,066 18,275 |
At 31.12.20 £ 137,783 18,042 |
|---|---|---|---|
| 155,825 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 56,738 | (49,529) | 7,209 |
| Restricted funds | |||
| Wolverhampton Gateway Club | 29,757 | (18,691) | 11,066 |
| TOTAL FUNDS | 86,495 | (68,220) | 18,275 |
continued...
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MENCAP WOLVERHAMPTON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
14. MEMBERS GUARANTEE
Mencap Wolverhampton is a company limited by guarantee. In the event of a winding up or dissolution of the company, members liability under the Memorandum of Association is limited to £1 each. At 31 December 2020 there were 27 members.
15. FIXED ASSETS
The company acquired it's freehold premises in 1988 at a cost of £46,835 which was fully financed by a local government grant. Accordingly, this asset is not capitalised
Equipment is treated as a revenue cost and is written off in the year of purchase
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MENCAP WOLVERHAMPTON
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| FOR THE YEAR ENDED 31 | DECEMBER 2020 | |
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Subscriptions and donations | 5,193 | 16,356 |
| Legacies | 48,000 | - |
| Grants | 890 | 3,710 |
| 54,083 | 20,066 | |
| Other trading activities | ||
| Fundraising events | 730 | 5,126 |
| Investment income | ||
| Deposit account interest | 48 | 73 |
| Charitable activities | ||
| Income from Club Activities | 1,543 | 4,826 |
| Total incoming resources | 56,404 | 30,091 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Newsletters | 400 | 100 |
| Other fundraising costs | - | 1,475 |
| 400 | 1,575 | |
| Charitable activities | ||
| Wages | 3,120 | 3,852 |
| Rates, water and insurance | 4,851 | 7,465 |
| Postage and stationery | 425 | 659 |
| Sundries | 316 | 531 |
| W'ton Gateway Club expenses | 2,653 | 13,739 |
| Charity donations | - | 240 |
| Training costs | 59 | 30 |
| Repairs and renewals | 20,024 | 1,661 |
| Grants to institutions | - | 4,020 |
| 31,448 | 32,197 | |
| Support costs | ||
| Management | ||
| Accountancy | 1,200 | 1,400 |
| Total resources expended | 33,048 | 35,172 |
| Net income/(expenditure) | 23,356 | (5,081) |
This page does not form part of the statutory financial statements
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