#
##
||||||||Table o|f Contents|
|---|---|---|---|---|---|---|---|---|
|Trustees'|Annual
Report.||||||||
|Structure,|Governance
&Management. .||||||||
|Obiectlves, ActMtles &Public Benefit..|||||||||
|Fundrsising
.|||||||||
|Achievements
&Performance. .||||||||.6|
||Chairman's
Report..|||||||......6|
||Chief Executive's
Report .|||||||.6|
|Future Strategy ..||||||||12|
|Financial|Review ...|||||||..12|
||Financial
Position and Performance.|||||||..12|
||Reserves Policy.|||||||..13|
||Risk Management.|||||||..14|
||Investment
Policy..|||||||..14|
|Statement ofTrustees'
Responsibilities
..||||||||..14|
|Independent
Auditor's
Report to the Members||||of|Bromlsy Mencap. ..|||..16|
|Flnsndal|Statements
forthe Year Ended|31st March||||2023...||..21|
||Statement
of Financial
Activities|||(Incorporating|||an Income and Expenditure|Account) for the|
||Year Ended 31 March 2023.|||||||..21|
||Balance Sheet ss at 31stMarch 2023..|||||||..22|
||Statement
ofCash Flows for the|||Year Ended 31st March 2023 .....................||||......................23|
|Analysis|ofchange
In net debt.|||||||24|
|Notes to|the Accounts ..|||||||..25|
||1.Accounting
Polides.|||||||..25|
||Statement
of Financial
Activities|||(Incorporating|||an Income and Expenditure|Account) for the|
||Year Ended 31 March 2022.|||||||..27|
||2. Income from Charitable
Activities||||.|||...27|
||3.Donations
and Legacies ..|||||||..28|
||4. Income from Other Trading|Activities||||..||30|
||5.Investment
Income. .|||||||30|
||6.Expenditure
-Total..|||||||..30|
||7.Expenditure
-Other Direct|Costs..||||||31|
||8.Expenditure
-Support Costs|||||||...32|
||9.Allocation ofSupport Costs|||||||..33|
||10.Expenditure
-Staff Costs.|||||||33|
||11.Net income
/ (expenditure)||for the year .|||||.....34|
||12.Donated Services and Facilities||||.||||
||13.Indemnity
Insurance. ..|||||||34|
||14.Grants to Families.|||||||35|
||15.Trustees'
Remuneration
and|||Benefits.||||..35|
||16.Tangible Fixed Assets .|||||||35|
||17.Fixed Asset Investments.|.||||||35|
||18.Debtors .|||||||36|
||19.Investments.
.|||||||36|
||20.Creditors ..|||||||37|
||21.Operating
Lease Commitments||||..|||37|
||22.Analysis
of Net Assets between||||Funds .|||38|
||23. Movements
In Funds .|||||||39|
||24. Legal status ofthe charity.||.|||||..40|
||25. Related party transactions.|||||||..40|
##
##
|E|Lynch MBE|Chief Executive||
|---|---|---|---|
|S|Barnes|Deputy Chief Executive||
|C|Stone|Head ofServices (Children
&Adults)||
|N|Chetty|Employment
Services Manager|- Left 31/12/2022|
|M|Catchpole|Empoyment
Services Manager|—Started 30/05/2023|
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|Expenditure|Accou|nt) for|the Ye|ar Ended 3|1 March 2|023||
|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|Restricted|Total|Total|
|||||Funds
6|Funds
6|2023
f|2022
6|
|Income from:||||||||
|Charitable
Activities||||955,898|943,795|1,899,693|1,539,464|
|Donations
&legacies||||55,263|5,335|60,598|109,512|
|Other trading
activities||||19,222|-|19,222|11,400|
|Investment
income||||30,115||30,115|12,534|
|Total Income||||1 060498|949,130|2009628|1 672910|
|Expenditure
on||||||||
|Charitable
activities||||1,019,024|950,724|1,969,748|1,625,466|
|Raising funds||||29,736|4,293|34,029|21,227|
|Other||||638||638|765|
|Total Expenditure|||6-15|1 049398|955,017|2,004,415|1647458|
|Net Income
/ (expenditure)
before
net gains
/ (losses) on Investments||||11,100|(5,887)|5,213|25,452|
|Net gains/(losses)|on investments||19|(25,301)||(25,301)|18,788|
|Net Income/(expenditure)||||(14,201)|(5,887)|(20,088)|44,240|
|Transfers
between|funds|||(16,288)|16,288|||
|Net movement
In|funds|||(30,489)|10,401|(20,088)|44,240|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|at||||||
|1 April 2022||||1,376,766|576,486|1,953,252|1,909,012|
|Total funds carried forward
31 March 2023||at||1,346,277|586,887|1,933,164|1,953,252|
##
|||Note|31
f|March 2023
f|31
f|March 2022|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible|assets|16|23,061||1,098,483||
|Investments||17|2||2||
|||||23,063||1,098,485|
|Current assets|||||||
|Debtors||18|291,835||362,014||
|Cash at bank, on short term
deposits and in hand|||1,325,406||855,883||
|Investments||19|453 996||471,790||
||||2,971,137||1,689,687||
|Liabilities|||||||
|Creditors
year|falling due within one|20|(161,036)||(834,920)||
|Net current|assets|||1,910,101||854,767|
|Total assets|less current liabilities|||1,933,164||1,953,252|
|Net assets||||1 953 164||1 953252|
|The Funds ofthe Charity:||23|||||
|Restricted|funds|||586,887||576,486|
|Unrestricted
funds||||1,346,277||1,376,766|
|Total Funds||||1.933 164||1 953252|
##
||||Total|Prior Year|Note|
|---|---|---|---|---|---|
||||Funda|Funds||
||||8|B||
|Cash flows from operating
actMtles:||||||
|Net cash provided by operating
acVvities|||16,193|(78,263)|(Table (A)
below)|
|Cash flows from Investing
activities:||||||
|Dividends,
interest and rents from investments|||30,114|12,534||
|Purchase ofproperty,
plant and equipment|||(18,330)|(76,016)||
|Disposal ofinvestments|||1,080,655|||
|Purchase ofinvestments|||(7,407)|(5,230)||
|Net cash used in investing
act/v/ties:|||1,085,032|(68,712)||
|Cash flows from financing
activities:||||||
|Repayment
of borrowing|||(631,702)|(25,786)||
|Net cash provided by (used in) finencing|acdv/Ves||(631,702)|(25,786)||
|Increase/(decrease)
in cash and cash equivalents||in year|469,523|(172,761)||
|Cash and cash equivalents
at the beginning|ofthe year||855,883|1 028644|Table (B)
below|
|Cash and cash equivalents
at the end ofthe year|||1,325,406|855683|Table (B)
below|
|A: Reconciliation
of net movement|in funds to net||Current|Prior Year||
|cash flow from operating
activities|||Year|||
||||B|||
|Net movement
in funds
for the year (as per the
Statement ofFinanc/ai
Acdv/Ves)|||(20,088)|44,240||
|Adjustments
for:||||||
|Depreciation
charges|||13,097|12,930||
|Unrealised
(gain)/loss
on investments|||25,301|(18,788)||
|Dividends
& Interest from investment|||(30,114)|(12,534)||
|(Increase)/decrease
in stocks||||||
|(Increase)/decrease
In debtors|||70,179|(133,863)||
|Increase/(decrease)
in creditors|||(42,182)|29,752||
|Net cash provided byl(used in) operating||actN/V es|16,193|(78,263)||
|B:Analysis ofcash and cash equivalents|||Current|Prior Year||
||||Year|||
|Cash in hand|||166,222|81,820||
|Notice deposits &fixed term investments|||1,159,184|774,063||
|Total cash and cash equivalents|||1,325,406|855,883||
##
||At start of|Cashflows|Other non-cash|At end of|
|---|---|---|---|---|
||year||changes|year|
|Cash|81,820|84,402||166,222|
|Cash equivalents|774,063|385,121||1,159,184|
|Sub-total|855,883|469,523||1,325,406|
|Loans falling due within one year|(631,703)|631,703|||
|TOTAL|224,180|1,101,226||1,325,406|
##
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##
|Expenditure
Acc|ou|nt) for the|Year Ended 3|1 March 2|022|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||Funds|Funds|2022|
||||F|E|F|
|Income from:||||||
|Charitable
Activities|||655,608|883,856|1,539,464|
|Donations
&legacies|||97,046|12,466|109,512|
|Other trading
activities|||11,400||11,400|
|Investment
income|||12,534||12,534|
|Total Income|||776 588|896322|1,672,910|
|Expenditure||||||
|Expenditure
on charitable|activities||674,800|950,666|1,625,466|
|Expenditure
on raising funds|||10,501|10,726|21,227|
|Other expenditure|||765|-|765|
|Total Expenditure|||686,066|961,392|1 647458|
|Net Income
/ (expenditure)
before
net gains
/ (losses) on Investments|||90,522|(65,070)|25,452|
|Net gains/(losses)
on investments|||18,788||18,788|
|Net Income/(expenditure)|||109,310|(65,070)|44,240|
|Transfers
between funds|||(28,549)|28,549||
|Net movement
in funds|||80,761|(36,521)|44,240|
|Reconciliation
offunds||||||
|Total funds brought
forward||at||||
|1 April 2021|||1,296,005|613,007|1,909,012|
|Total funds carried forward
31 March 2022||at|1,376,766|576,486|1,953,252|
##
##
||||||Bromley Mencap||||
|---|---|---|---|---|---|---|---|---|
|Restricted funds|||||||||
|Employment
Services|||||||||
|Bromley Third Sector Enterprise|||||108,852||105,270||
|London Borough|of|Bromlsy|||49,985||72,720||
|||||||158,837|||
|Children,
Adult 8 Family Services|||||||||
|London Borough|of|Bromley|||230,723||154,266||
|Bromley Third Sector Enterprise|||||366,137||294,816||
|London Borough|of|Bromlsy|||||41,414||
|Community
Links|||||||4,950||
|National
Lottery Community|||Fund||41,892||82,570||
|Good Things Foundation|||||||1,000||
|Arnold
Clark|||||||1,000||
|Screwlix Foundation|||||||5,000||
|Community
Waves|||||14,247||3,253||
|Four Acre Trust|||||||18,245||
|Royal Mencap|||||4,320||3,038||
|Masonic Charity Trust|||||||8,947||
|Neighbourly|||||1,000||||
|The Clothworkers|Foundation||||9,900||||
|The Leathersellers||Company|||15,000||15,000||
|BBCChildren
in Need|||||35,500||29,995||
|Groundwork
UK|||||8,597||16,248||
|Other Income from||Charitable||Activities|950||493||
|||||||728,266||680,235|
|The Lodge|||||||||
|City Bridge Trust|||||56,692||24,150||
|Groundwork
UK|||||||1,481||
|||||||56,692||25,631|
|||||||943,795||883,856|
|Unrestr~~pi~n|||||||||
|Direct Payments|&|Self Funders|||595,233||361,188||
|City Bridge Trust|||||||50,000||
|Royal Mencap|||||67,200||58,000||
|London
&South|East Colleges||||71,904||48,633||
|London Borough|of Bromley||||17,000||||
|Department
for Work and Pensions|||||195,991||119,845||
|Leisure Activity Income|||||3,144||1,168||
|Small contracts|||||5,426||15,325||
|Miscellaneous
Income|||||||1,449||
|||||||955,898||655,608|
|||||||1,899,693||1,539,464|
|3.Donations|and Legacies||||||||
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2023|2022|
||||||f|E|F|f|
|||||||||28|
||||Bromley Mencap||||
|---|---|---|---|---|---|---|
|Legacies:|||||||
|HC Allen Trust||||||56,479|
|M Ramnath|||2,000||2,000||
|Sundry||||||7,150|
|Donations|&Core Costs Funding:||||||
|Trinity United Reformed||Church|15,000||15,000||
|First Sentier|Investment||3,500||3,500||
|HMRC Job|Retention Scheme Grants|||||6,595|
|Identity E2E|||8,500||8,500|5,000|
|Co-Operative
Society||||3,267|3,267||
|Community|Fundraising|Donations|12,565||12,565|17,297|
|Other Donations|||13,698|2,068|15,766|16,991|
||||55,263|5,335|60,598|109,512|
##
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2023|2022|
||||||6|6|F|F|
|Community
Fundraising|||activities||8,927||8,927|5,940|
|Sales from Lodge|Kiosk/Bike Sales||||7,995||7,995|3,160|
|Donated Services|&|Facilities|||2,300||2,300|2,300|
||||||19,222||19,222|11,400|
|5. Investment||Income|||||||
|||||Unrestricted
Restricted|||Total|Total|
||||||Funds|Funds|2023|2022|
||||||f|f|6||
|Interest on Investment|||Porffolio||11,688||11,688|9,738|
|Bank Interest Receivable —UK|||||18,427||18,427|2,796|
||||||30,115||30,115|12,534|
|6.Expenditure||-|Total||||||
|||||Direct|Other|Support|Total|Total|
|||||Staff Costs|Direct|Costs|2023|2022|
||||||Costs||||
||||||f||||
|Charitable
Activities|||||||||
|Employment
Services||||380,618|23,083|118,105|521,806|437,632|
|Children, Adult 8|Family Services|||773,607|224,808|120,699|1,119,114|971,349|
|Bromiey Scope||||9,283|2,408|2,277|13,968|14,111|
|The Lodge||||158,734|36,198|27,596|222,528|156,309|
|No 10|||||89,944||89,944|42,913|
|Other Charitable|Activities|||1,564|824||2,388|3,152|
|||||1,323,806|377,265|268,677|1,969,748|1,625,466|
|Cost of Fundraising||||37,908|(16,028)|12,149|34,029|21,227|
|Other Expenditure||||200,389|81,075|(280,826)|638|765|
|||||1,562,103|442,312||2,004,415||
|2022||||1,303,708|343,750|||1,647,458|
##
||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
||||||6|F|6|6|
|Cost ofCharitable|Activities||||||||
|Activity costs: Leaders,|||Hall Hire, Resources||33,759||68,599||
|Childminder
Costs|||||16,750||16,754||
|Computer
Costs|||||29,549||36,221||
|Telephone,
Postage,||Printing||&Stationery|9,613||11,184||
|Staff Training|||||4,800||8,306||
|Subcontracted
Workshops|||||||6,828||
|Non Capital
Furniture||&|Equipment||3,255||5,409||
|Travel Costs|||||5,216||4,308||
|Depreciation|||||11,709||11,549||
|Recruitment
&Other||Staff Costs|||14,702||4,885||
|Professional
Fees &||Subscrlptlons|||1,191||119||
|Other Costs|||||50,953||53,981||
|Gifts and Services
in||Kind|||||||
|Mortgage
Interest|||||770||21,386||
|Training
Centre Works|||||69,250||||
|improvements
to the||Lodge|||4,013||||
|Loss on disposal of|property||||88,477||||
|Fundraising
Charge|||||33,258||29,821||
|||||||377,265||279,350|
|Cost of Fundralsing|||||||||
|Fundraising
8 Publicity|||||17,230||18,489||
|Fundraising
Charge|||||(33,258)||(29,821)||
|||||||(16,028)||(11,332)|
|||||||361,237||268,018|
##
##
|||2023||2022||
|---|---|---|---|---|---|
|||6||F||
|Management|Costs|||||
|Staff Costs||124,764||119,822||
|HR Services||7,200||6,478||
|Other Costs||3,687||4,729||
||||135,651||131,029|
|Accounting|Costs|||||
|Staff Costs||70,576||60,235||
|Payroll Costs||2,241||2,039||
|Other Costs||6,770||4,995||
||||79,587||67,269|
|Office Costs||||||
|Rent &Rates||26,640||27,156||
|Other Premises Costs||14,066||8,807||
|Insurance||5,020||4,240||
|Other Costs||13,255||11,533||
||||58,981||51,736|
|Governance|Costs|||||
|Audit Fees||5,239||5,326||
|Other Costs||1,368||2,345||
||||6,607||7,671|
||||280,826||257,705|
##
|||Manage|Accounting|Governance|Governance|Total|Total|
|---|---|---|---|---|---|---|---|
|||ment|Costs||Costs|2023|2022|
|||Costs||||||
|||6||f|f||f|
|Employment|Services|60,727|24,506|29,914|2,958|118,105|99,055|
|Children,
Adult and Family
Services||53,275|39,108|25,721|2,595|120,699|126,597|
|Bromley Scope||1,171|473|576|57|2,277|2,809|
|The Lodge||17,952|7,245|1,525|874|27,596|17,098|
|Fundraising||2,526|8,255|1,245|123|12,149|9,716|
|Other
(No 10)|||||||2,430|
|||135,651|79,587|58,981|6,607|280,826||
|2022||131,029|67,269|51,736|7,671||257,705|
|Basis ofAllocation||||||||
|Management|costs|||A combination|oftime and headcount|||
|Accounting|costs|||A combination|oftime and headcount|||
|Ofgce costs||||Headcount||||
|Governance|costs|||A combination|oftime and headcount|||
##
||2023|2022|
|---|---|---|
||8|F|
|Wages &salaries|1,423,362|1,190,069|
|Social security costs|100,655|81,387|
|Pension costs|38,085|32,252|
||1,562,102|1,303,708|
|||2023|2022|
|---|---|---|---|
|Employment|Services|15.50|10.75|
|Children,
Adult & Family Services||26.50|24.50|
|Bromley Scope||.5|.5|
|The Lodge||5.0|2.75|
|Management|&Fundraising|5.0|5.0|
|||52.5|43.5|
##
##
##
##
##
|16.Tangible
Fixed Assets|||||
|---|---|---|---|---|
||Land &|Offic|Fixtures &Fittings|Total|
||Buildings
F|Equipment|f|f|
|Cost|||||
|At 1 April 2022|1,080,655|81,335|12,975|1,174,965|
|Additions||15,612|2,718|18,330|
|Dlsposals|(1,080,655)|||(1,080,65
5)|
|At 31 March 2023|||15,693|112,640|
|Depreciation|||||
|At 1 April 2022||64,312|12,170|76,482|
|Charge for year||12,254|843|13,097|
|At 31 March 2023||76,566|13,013|89,579|
|Book value at 31 March 2023||20,381|2,680|23,061|
|Book value at 31 March 2022|1,080,655|17,023|805|1,098,483|
##
##
|18.Debtors|Bromley Mencap||
|---|---|---|
||2023|2022|
|||f|
|Due within one year|||
|Prepayments|19,142|15,618|
|Trade Debtors|233,192|275,458|
|Other debtors|34,121|67,282|
|Accrued income|5,380|3,656|
||291,835|362,014|
##
|||||2023|2022|
|---|---|---|---|---|---|
||||||f|
|Investments|at market|value brought|forward|471,790|447,772|
|Income including
deposit interest||||11,688|9,738|
|Management|Fees|||(4,281)|(4,508)|
|Unrealised|gain/(loss)|on Investment||(25,301)|18,788|
|||||453,896|471,790|
##
||||2023|2022|
|---|---|---|---|---|
||||B|6|
|Due within|one|year|||
|Other Taxatlon||&Social Security costs|26,689|22,657|
|Other creditors||&accruals|100,048|114,860|
|Mortgage|Repayments|||631,703|
|Deferred|income||34,299|65,700|
||||161,036|834,920|
||||161,036|834,920|
||||2023|2022|
|---|---|---|---|---|
|Balance|at beginning
ofyear||65,700|39,001|
|Amounts|released|to income|(65,700)|(39,001)|
|Amounts|deferred|in the year|34,299|65,700|
|Balance|at the end|ofthe year|34,299|65,700|
##
||Land &|Total|Total|
|---|---|---|---|
||Buildings|2023|2022|
|Payable||||
|Within one year|22,500|22,500|15,000|
||22,500|22,500|15,000|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|2023|
|||f.|F||
|Tangible|fixed assets|12,043|11,018|23,061|
|Investment
Assets||2||2|
|Current|assets|1,420,297|650,840|2,071,137|
|Current|liabilities|(86,065)|(74,971)|(161,036)|
|||1,346,277|586,887|1,933,164|
|Prior Year||Unresbtcted|Restricted|Total|
|||Funds|Funds|2022|
|||F|F|f|
|Tangible|fixed assets|1,087,987|10,496|1,098,483|
|Investment
Assets||2||2|
|Current|assets|1,028,101|661,586|1,689,687|
|Current|liabilities|(739,324)|(95,596)|(834,920)|
|||1,376,766|576,486|1,953,252|
##
|23.Move|m|ents
in|Funds|||||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance|||||||
||||1 April
2022|Income|Expenditure||Net
Transfers|Gals on
Investment|Balance
31 March 2023|
|Restricted|Funds||6|6|E||6||P.|
|Employment||Services|78,336|152,555|(177,892)||15,583||68,582|
|Children,
Adult||&||||||||
|Family Services|||311,266|736,366|(702,948)||705||345,389|
|Scope Funds|||186,445||(13,968)||||172,477|
|The Lodge||||60,209|(60,209)|||||
|Other|||439||||||439|
||||576486|949 130|955017||16288||586887|
|Unrestricted|Funds|||||||||
|Designated|Funds|||||||||
|Employment|Services||16,248||||26,490||42,738|
|Children,
Adult||8||||||||
|Family Services|||21,703||||(6,046)||15,657|
|Cotmandene||||||||||
|The Lodge|||||||8,387||8,387|
|Property|||500000||||||500,000|
||||537,951||||28,831||566,782|
|General
Funds|||838815|1 060498|1,049398||45 119|25,301|779,495|
||||1,376,766|1 060 498|( 04|)|16288|25301|1 346 277|
|Total Funds|||1,953,252|2,009,628|2004415|||25301|1,933,164|
##
|||||Bro|mley Mencap||||
|---|---|---|---|---|---|---|---|---|
||||Balance||||||
|Prior Year|||1 April|||Net|Gain on|Balance|
|Restricted|Funds||2021|Income
6|Expenditure|Transfers
6|Investment
6|31 March 2022
f|
|Employment||Services|38,489|211,004|(171,157)|||78,336|
|Children,
Adult||&|||||||
|Family Services|||373,523|659,687|(750,493)|28,549||311,266|
|Scope Funds|||200,556||(14,111)|||186,445|
|The Lodge||||25,631|(25,631)||||
|Other|||439|||||439|
||||613007|896322|961392|28 549||576,486|
|Unrestricted|Funds||||||||
|Designated|Funds||||||||
|Employment
Services
Children,
Adult 8|||18,830|||(2,582)||16,248|
|Family Services|||60,242|||(38,539)||21,703|
|Cotmandene|||23,902|||(23,902)|||
|The Lodge|||18,787|||(18,787)|||
|Property|||500,000|||||500,000|
||||621,761|||(83,810)||537,951|
|Pension Reserve|||||||||
|General
Funds|||674,244|776 588|686066|55261|18788|838,815|
||||1,296,005|776,588|(686066)|28 549|18,788|1 376766|
|Total Funds|||1,909,012|1,672,910|1,647,458||18,788|1,953252|
##
##
##