Nugent Care 2019 - Charities report - 20.2

REGISTERED COMPANY NUMBER: 12227571 (England and Wales)

REGISTERED CHARITY NUMBER: 1187072

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 SEPTEMBER 2019 TO 31 MARCH 2020

FOR

NUGENT CARE 2019

Page

Operating and Financial Review

1

Report of the Trustees

2

to

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

The company was dormant during the period under review.

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 period 25 September 2019 to 31 March 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).

The charity commenced activities on 1 April 2020.

INCORPORATION

The charitable company was incorporated on 25 September 2019 .

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are to provide for the:

Relief and care of children through the provision of an adoption service;

Provision of residential establishments and/or supportive community services for families, parents and children;

Advancement of education and religion (in accordance with the Roman Catholic Foundation of the charity) through its specialist schools, residential establishments and community based provision;

Support and improvement of the quality of life of people with physical and/or learning disabilities through the provision of residential establishments and supportive community services, including day provision and listening and advocacy services;

Provision of residential establishments and supportive community services for older people; and

Support of such other charitable purposes for the furtherance of education or the relief of poverty or suffering of those in need as the Trustees from time to time think fit.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Trustees are recruited via an Equal Opportunities recruitment process to ensure a balance of skills and experience to oversee strategic and operational objectives. All new Trustees undergo an induction process and on-going training and yearly appraisal is conducted.

Organisational structure

Nugent Care 2019 is the sole Corporate Trustee of Nugent Care (Registered Charity number 1187072-1).

Nugent Care was originally established as an unincorporated charitable trust registered in 1963 with Charity Number 222930. The Trustees of Nugent Care instructed solicitors in respect of a process of incorporation designed primarily to allay concerns that the trustees of the unincorporated charitable trust had in relation to personal liability should any problems arise within the Charity.

As a result of this, the new charitable company limited by guarantee known as Nugent Care 2019 was incorporated with Companies House and subsequently registered with the Charity Commission with Charity Number 1187072. Nugent Care 2019 was appointed as the sole corporate trustee of the original unincorporated charitable trust by way of a Charity Commission Scheme.

The Scheme was made by the Charity Commission on 27 March 2020 taking effect on 1 April 2020.

The incorporation process as a whole has simply inserted a corporate structure that now sits between the individual trustees (who are now directors / trustees of Nugent Care 2019 and the original unincorporated charitable trust.

This provides for better protection to the individual trustees from any personal liability but also the additional benefit of having structured matters in a way whereby all of the activities previously conducted through the unincorporated charitable trust will continue to be conducted through the unincorporated charitable trust and so there has been no requirement to transfer the assets and undertaking of the unincorporated charitable trust to Nugent Care 2019 nor has there been any requirement to have a TUPE transfer of staff.

The various properties held by Nugent Care have been vested by the Charity Commission Scheme in Nugent Care 2019 and steps are being taken to update the Land Registry records but otherwise there has been no need for the ownership records of any assets to be transferred.

The Charity Commission on the 30 June 2020, confirmed by letter, the linking of Nugent Care 2019 and Nugent Care, the charity. The purpose of a linking direction is to enable charities who qualify to link one to the other for accounting and registration purposes. Nugent Care charity (the unincorporated charitable trust) has been linked to Nugent Care 2019 in a manner whereby Nugent Care 2019 is now the "reporting charity" for both charities.

This process does not in any way constitute a merger nor does it constitute the winding up or dissolution of the original unincorporated charitable trust. The original unincorporated charitable trust continues to exist in the same manner as it did prior to the linking direction being made and does still constitute a separate charity.

The linking of the charities (effected under Section 12 of the Charities Act 2006) is an administrative process and not one that serves to extinguish the existence of the linked charity.

The regulated activities carried out by Nugent Care through the unincorporated charitable trust are continuing in exactly the same way as was the case before the incorporation process and linking direction were completed.

Related parties

Nugent Multi Academy Trust (operating as Nugent Academy Trust) was incorporated on 26 September 2019. The company is an academy trust and as such is a separate legal entity from Nugent Care 2019. However, Nugent Care 2019, Normandie Wragg the CEO of Nugent Care and Alan Dean, current Trustee and Director of Nugent Care 2019 are the members of the Academy Trust and are registered as persons with significant control over the entity at Companies House.

Nugent Care is linked with the Roman Catholic Archdiocese of Liverpool and the incumbent Archbishop is the President of Nugent Care. This link is a contributing influence on the ethos, culture and objectives of the charity.

Nugent Social Enterprises CIC (NSE) was formed by Nugent Care. The company is a community interest company and as such is a separate entity from Nugent Care but its activities are controlled by the NSE Board of Directors. NSE was incorporated on 23 December 2013 and began trading in May 2014. It ceased trading as The Courtyard in May 2017 and the company is currently dormant.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

12227571 (England and Wales)

Registered Charity number

1187072

Registered office

Nugent

99 Edge Lane

Edge Hill

Liverpool

L7 2PE

Trustees

Mrs K Batt (appointed 25.9.19)

J Berry (appointed 25.9.19)

M Boardman (appointed 25.9.19)

A Dean (appointed 25.9.19)

JP Dennis (appointed 25.9.19)

Reverend M Fitzsimons (appointed 25.9.19)

Mrs S Johnson (appointed 25.9.19)

Reverend P Rooney (appointed 04.06.20)

Mrs N Sampson (appointed 25.9.19)

W Stead (appointed 25.9.19)

Mrs S Worden (appointed 25.9.19)

EVENTS SINCE THE END OF THE PERIOD

Information relating to events since the end of the period is given in the notes to the financial statements.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 16 March 2021 and signed on its behalf by:

J Dennis - Trustee

Total

funds

Notes

£

NET INCOME

-

TOTAL FUNDS CARRIED FORWARD

-

Total

funds

Notes

£

NET CURRENT ASSETS

-

TOTAL ASSETS LESS CURRENT LIABILITIES

-

NET ASSETS

-

FUNDS

3

TOTAL FUNDS

-

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(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 16 March 2021 and were signed on its behalf by:

S Worden - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company was dormant during the period under review.

2.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 March 2020.

3.	MOVEMENT IN FUNDS

No movement.

4.	POST BALANCE SHEET EVENTS

Nugent Care 2019 and linking of charities

As detailed in the Trustees' report, the decision was made during the year to appoint a sole corporate trustee of the unincorporated charitable trust Nugent Care to offer increased protection to individual trustees whilst limiting the impact on the charity.

As a result of this, Nugent Care 2019 was incorporated with Companies House and subsequently registered with the Charity Commission with Charity Number 1187072. Nugent Care 2019 was appointed as the sole corporate trustee of the original unincorporated charitable trust. This was done by way of a Charity Commission Scheme made on 27 March 2020 taking effect on 1 April 2020.

The various properties held by Nugent Care have been vested by the Charity Commission Scheme in Nugent Care 2019 and steps are being taken to update the Land Registry.

On 30 June 2020 The Charity Commission confirmed the linking of Nugent Care 2019 and Nugent Care, the charity. The regulated activities carried out by Nugent Care through the unincorporated charitable trust are continuing in exactly the same way as was the case before the incorporation process and linking direction were completed.