Puffin Care Services - Charities report - 20.2
Puffin Care Services - Charities report - 20.2
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements for the Year Ended 31 March 2020 |
| for |
| Puffin Care Services |
| Puffin Care Services |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2020 |
| Page |
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 | to | 5 |
| Notes to the Financial Statements | 6 | to | 11 |
| Puffin Care Services (Registered number: SC258566) |
| Report of the Trustees |
| for the Year Ended 31 March 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 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). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| Puffin Care Services strive to provide a safe and cost effective care service for the Pollok community. |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| Throughout the year childcare has been provided to the community of Pollok, funds raised have been invested in equipment and training of staff to provide a fund and caring environment for all that use this service. |
| 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. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Independent Examiner |
| ICW Accountancy Ltd |
| 15 St Leonard Street |
| Lanark |
| Lanarkshire |
| ML11 7AB |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| Puffin Care Services |
| Independent examiner's report to the trustees of Puffin Care Services ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 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 - matters of concern identified |
| I have completed my examination. |
| I have completed by examination of the records and have identified that there are inadequate controls in place concerning cash. £9,383.37 of cash has been written off as unexplained expenditure. |
| Additionally the expense receipts for items paid via the bank were no retained. |
| I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect: |
| 1. | accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | 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; and |
| 4. | 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. |
| Isabella B Christie |
| Association of Chartered Certified Accountants |
| ICW Accountancy Ltd |
| 15 St Leonard Street |
| Lanark |
| Lanarkshire |
| ML11 7AB |
| Date: ............................................. |
| Puffin Care Services |
| Statement of Financial Activities |
| for the Year Ended 31 March 2020 |
| 31.3.20 | 31.3.19 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies | ( |
) | ( |
) |
| Charitable activities |
| Total |
| EXPENDITURE ON |
| Raising funds | 2 |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | ( |
) | ( |
) | ( |
) |
| TOTAL FUNDS CARRIED FORWARD | ( |
) | ( |
) | (30,936 | ) |
| Puffin Care Services (Registered number: SC258566) |
| Balance Sheet |
| 31 March 2020 |
| 31.3.20 | 31.3.19 |
| Unrestricted | Restricted | Total | Total |
| fund | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 7 |
| CURRENT ASSETS |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 9 | ( |
) | ( |
) | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) | ( |
) | ( |
) |
| FUNDS | 11 |
| Unrestricted funds | (16,076 | ) | (30,936 | ) |
| TOTAL FUNDS | ( |
) | (30,936 | ) |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020. |
| The members have not required the company to obtain an audit of its financial statements for the year 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. |
| Puffin Care Services (Registered number: SC258566) |
| Balance Sheet - continued |
| 31 March 2020 |
| 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 |
| Puffin Care Services |
| Notes to the Financial Statements |
| for the Year Ended 31 March 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. |
| 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. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Fixtures and fittings | - |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
| Puffin Care Services |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 2. | RAISING FUNDS |
| Raising donations and legacies |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Support costs |
| 3. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Depreciation - owned assets |
| Other operating leases | 5,437 | 1,930 |
| Surplus on disposal of fixed assets | ( |
) |
| 4. | TRUSTEES' REMUNERATION AND BENEFITS |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Trustees' salaries |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 March 2020 nor for the year ended 31 March 2019. |
| 5. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 31.3.20 | 31.3.19 |
| Care staff |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Charitable activities |
| Puffin Care Services |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
| Unrestricted | Restricted | Total |
| fund | fund | funds |
| £ | £ | £ |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | (19,806 | ) | - | ( |
) |
| TOTAL FUNDS CARRIED FORWARD | (30,936 | ) | - | (30,936 | ) |
| 7. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2019 |
| Additions |
| At 31 March 2020 |
| DEPRECIATION |
| At 1 April 2019 |
| Charge for year |
| At 31 March 2020 |
| NET BOOK VALUE |
| At 31 March 2020 |
| At 31 March 2019 |
| Puffin Care Services |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Trade creditors |
| Social security and other taxes | ( |
) |
| Other creditors |
| Accrued expenses |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Other loans (see note 10) | 7,280 |
| 10. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Amounts falling between one and two years: |
| Other loans - 1-2 years |
| 11. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.4.19 | in funds | 31.3.20 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (30,936 | ) | 14,860 | (16,076 | ) |
| TOTAL FUNDS | ( |
) | 14,860 | (16,076 | ) |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 146,030 | (131,170 | ) | 14,860 |
| TOTAL FUNDS | ( |
) | 14,860 |
| Puffin Care Services |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 11. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.4.18 | in funds | 31.3.19 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (19,806 | ) | (11,130 | ) | (30,936 | ) |
| TOTAL FUNDS | (19,806 | ) | (11,130 | ) | (30,936 | ) |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 120,580 | (131,710 | ) | (11,130 | ) |
| Restricted funds |
| Post Man Nursery | 10,000 | (10,000 | ) | - |
| TOTAL FUNDS | 130,580 | (141,710 | ) | (11,130 | ) |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.4.18 | in funds | 31.3.20 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (19,806 | ) | 3,730 | (16,076 | ) |
| TOTAL FUNDS | (19,806 | ) | 3,730 | (16,076 | ) |
| 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 | 266,610 | (262,880 | ) | 3,730 |
| Restricted funds |
| Post Man Nursery | 10,000 | (10,000 | ) | - |
| TOTAL FUNDS | 276,610 | (272,880 | ) | 3,730 |
| Puffin Care Services |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 12. | RELATED PARTY DISCLOSURES |
| There were no related party transactions for the year ended 31 March 2020. |