Tameside Link - Charities report - 18.1
Tameside Link - Charities report - 18.1
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED |
| 31 AUGUST 2017 |
| FOR |
| TAMESIDE LINK |
| TAMESIDE LINK |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| Page |
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 11 |
| TAMESIDE LINK |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 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 August 2017. 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 2015). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The Company's aim is to provide a high quality person-centred supported living service that is individualised, flexible |
| and tailored to meet the needs of people with learning disability and their carers within the Tameside area, where the aim |
| is to maximise opportunities for social inclusion, allow individuals to express their life chosen level of independence. |
| We aim to foster an atmosphere of care and support which both enables and encourages those we support to live as full, |
| interesting and independent lifestyle as possible with the scope and duration of our service provision being kept to a |
| minimum, in line with the agreed plan of care. |
| The objectives are: |
| · To build services around individuals |
| · To consult and involve these individuals at all times |
| · To act as an enabling organisation in partnership with families, friends,advocates,statutory and non-statutory bodies. |
| · To promote the dignity of individuals and be supportive in enabling individuals to exercise choice and rights |
| · To challenge discrimination and uphold the rights and civil liberties of each person supported |
| · To provide a safe environment whereby peoples development may flourish |
| · Ensure that activities (education, housekeeping, leisure and work) are shared with others in the local community and |
| that he resources and support of the community are enlisted |
| · Employ staff that respect and value the people they support and who have skills to support individuals sensitively |
| · Support staff by providing regular training and ensuring rigorous and comprehensive policies and procedures are in |
| place |
| We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when |
| reviewing our aims and objectives and in planning our future activities. |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities to deliver public benefit |
| The principle activity in which Tameside Link is involved in is the supply of support workers to individuals in their own |
| homes. The services provided are for adults with learning difficulties who live in the Tameside area where the prime |
| focus is the provision of support to enable them to continue living as independently a life as possible. The support |
| provided by Tameside Link is undertaken to further our charitable purposes for the public benefit. |
| Personal car includes assistance with: |
| · Washing or bathing |
| · Oral care |
| · Dressing and undressing |
| · Personal hygiene |
| · Medication |
| Practical tasks include: |
| · Assisting with shopping |
| · Budgeting and financial matters |
| · Help with menu planning and preparation |
| · Help with domestic tasks and laundry |
| · Help to participate in leisure and social activities both in the local area and wider area if so desired |
| · Help in maintaining existing work or day centre placements |
| · Support individuals to maintain their religious and cultural beliefs |
| Internal and external factors |
| At our monthly meetings, the trustees receive reports on all our clients. We continue to train our staff to various NVQ |
| levels with the aim to improve the quality of the service we provide. |
| TAMESIDE LINK |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| FINANCIAL REVIEW |
| Investment policy and objectives |
| The trustees investment powers are governed by the Memorandum and Articles of Association. The policy is to maintain |
| income whilst preserving the value of investments. |
| Reserves policy |
| The trustees have formulated a policy to ensure that the unrestricted funds are at a level which equates to approximately |
| three months unrestricted expenditure. this will provide sufficient funds to cover ongoing costs and respond to |
| emergency items which arise from time to time. During the current year reserves have fallen below the required levels, |
| this is a result of restrictions on Incoming resources and the trustees are monitoring the position on a on going basis. |
| FUTURE PLANS |
| Future developments are restricted due to financial constraints and the trustees have agreed to focus on the day to day |
| activities until they are in a less restricted financial position. This will then enable them to review and address future |
| developments. |
| 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. |
| The company was incorporated in 1995 and is constituted by its Memorandum and Articles of Association. |
| Recruitment and appointment of new trustees |
| The directors of the company are also charity trustees for the purpose of the charity law and are also known as Executive |
| Committee Members. The Executive Committee Members are elected to serve for a period of one year after which they |
| must be re-elected at the next Annual General Meeting. |
| . |
| Organisational structure |
| The company is governed by its Trustees who meet on a monthly basis. It is the responsibility of the Trustees to |
| formulate the strategy and policies for the company, including entering into arrangements with Tameside Metropolitan |
| Borough Council and housing associations to provide supported accommodation for the clients concerned. |
| Induction and training of new trustees |
| The trustees are already familiar with work and needs of the charity. However the charity encourages additional training |
| via a local voluntary support organisation, T3SC. |
| Wider network |
| Tameside Link works in partnership with various external organisations including Tameside Metropolitan Borough |
| Council, St. Vincent's Housing Association, Irwell Valley Housing Association, Symphony Housing Association and |
| Advance Housing Association. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| TAMESIDE LINK |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Trustees |
| Director |
| Registered Manager | - resigned 1.1.17 |
| Lecturer | - appointed 1.1.17 |
| Independent examiner |
| Ushers Limited |
| Chartered Accountants |
| Denton |
| Manchester |
| M34 3PS |
| Chief Executive Officer |
| C Etchells |
| Approved by order of the board of trustees on |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
| TAMESIDE LINK |
| Independent examiner's report to the trustees of Tameside Link ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2017. |
| 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 |
| Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of The Association of Chartered Certified Accountants which is one of the listed bodies |
| 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: |
| 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; or |
| 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 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 |
| N J Joyce |
| The Association of Chartered Certified Accountants |
| Ushers Limited |
| Chartered Accountants |
| 76 Manchester Road |
| Denton |
| Manchester |
| M34 3PS |
| 25 June 2018 |
| TAMESIDE LINK |
| STATEMENT OF FINANCIAL ACTIVITIES |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 31.8.17 | 31.8.16 |
| Unrestricted fund |
Total funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Charitable activities |
| Investment income | 2 |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 54,107 |
| CONTINUING OPERATIONS |
| All income and expenditure has arisen from continuing activities. |
| TAMESIDE LINK |
| BALANCE SHEET |
| AT 31 AUGUST 2017 |
| 31.8.17 | 31.8.16 |
| Unrestricted fund |
Total funds |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 9 |
| Unrestricted funds | 80,221 | 54,107 |
| TOTAL FUNDS | 54,107 |
| TAMESIDE LINK |
| BALANCE SHEET - CONTINUED |
| AT 31 AUGUST 2017 |
| The charitable company is entitled to exemption from audit under |
| Section 477 of the Companies Act 2006 for the year ended 31 August 2017. |
| The members have not required the company to obtain an audit of its financial statements for the year ended |
| 31 August 2017 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 |
| special provisions of Part 15 of the Companies Act 2006 relating to |
| charitable small companies. |
| The financial statements were approved by the Board of Trustees on |
| TAMESIDE LINK |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 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 2015)', |
| 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. |
| Financial reporting standard 102 - reduced disclosure exemptions |
| The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as |
| permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': |
| - | the requirements of Section 7 Statement of Cash Flows. |
| 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. |
| 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. |
| 2. | INVESTMENT INCOME |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Deposit account interest |
| TAMESIDE LINK |
| NOTES TO THE FINANCIAL STATEMENTS - CONTINUED |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 3. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Audit-related assurance services | 720 | 660 |
| Depreciation - owned assets |
| 4. | TRUSTEES' REMUNERATION AND BENEFITS |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Trustees' salaries |
| Trustees' social security |
| Trustees' pensions paid |
| Trustees' expenses |
| Expenses in respect of travel amounting to £Nil (2016: £588) were reimbursed to two of the Trustees during the |
| year. |
| 5. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 31.8.17 | 31.8.16 |
| Management | 2 | 2 |
| Support staff | 18 | 21 |
| No employees received emoluments in excess of £60,000. |
| TAMESIDE LINK |
| NOTES TO THE FINANCIAL STATEMENTS - CONTINUED |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 6. | TANGIBLE FIXED ASSETS |
| Fixtures and fittings |
| £ |
| COST |
| At 1 September 2016 |
| Additions |
| At 31 August 2017 |
| DEPRECIATION |
| At 1 September 2016 |
| Charge for year |
| At 31 August 2017 |
| NET BOOK VALUE |
| At 31 August 2017 |
| At 31 August 2016 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Other debtors |
| Prepayments and accrued income |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.17 | 31.8.16 |
| £ | £ |
| Social security and other taxes |
| Other creditors |
| Accrued expenses |
| 9. | MOVEMENT IN FUNDS |
At 1.9.16 |
Net movement in funds |
At 31.8.17 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 54,107 | 26,114 | 80,221 |
| TOTAL FUNDS | 26,114 | 80,221 |
| TAMESIDE LINK |
| NOTES TO THE FINANCIAL STATEMENTS - CONTINUED |
| FOR THE YEAR ENDED 31 AUGUST 2017 |
| 9. | MOVEMENT IN FUNDS - continued |
| Net movement in funds, included in the above are as follows: |
| Incoming resources |
Resources expended |
Movement in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 470,633 | (444,519 | ) | 26,114 |
| TOTAL FUNDS | ( |
) | 26,114 |
| Comparatives for movement in funds |
At 1.9.15 |
Net movement in funds |
At 31.8.16 |
| £ | £ | £ |
| Unrestricted Funds |
| General fund | 88,073 | (33,966 | ) | 54,107 |
| TOTAL FUNDS | 88,073 | (33,966 | ) | 54,107 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming resources |
Resources expended |
Movement in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 397,981 | (431,947 | ) | (33,966 | ) |
| TOTAL FUNDS | 397,981 | (431,947 | ) | (33,966 | ) |
| 10. | RELATED PARTY DISCLOSURES |
| There were no related party transactions for the year ended 31 August 2017. |