REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
OLDHAM PERSONAL ADVOCACY LIMITED |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
OLDHAM PERSONAL ADVOCACY LIMITED |
OLDHAM PERSONAL ADVOCACY LIMITED |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Report of the Trustees | 1 | to | 6 |
Independent Examiner's Report | 7 |
Statement of Financial Activities | 8 |
Balance Sheet | 9 |
Notes to the Financial Statements | 10 | to | 15 |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
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 2024. 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 |
Our Vision |
Voice, choice and equality for people with learning disabilities and autistic people. |
Our Mission |
To work with people with learning disabilities and autistic people to make sure they have a voice in shaping services so that they can have the same life chances as everybody else. |
Our Values |
Inclusive - people with learning disabilities and autistic people are at the centre of everything we do |
Honest - we act with integrity and honesty at all times, we won't say we can do something if we can't |
Kind - we treat everybody with dignity, respect and kindness |
Challenging - if we think things aren't fair or right, we ask 'difficult questions' |
Cooperative - we work with other organisations to help them feel more confident meeting people with learning |
disabilities and autistic people |
Positive - we believe in a fairer future and that we are making a difference |
Strategic Objectives |
During the year, we have implemented several initiatives to ensure that we achieve our strategic objectives and move closer to fulfilling our mission. Our strategic plan focuses on three key objectives: increasing membership numbers, introducing new activities, and promoting co-production. |
1. Increase the number of members attending our existing services. |
2. Introduce a wider range of experiences and offer more exciting activities to enhance engagement and foster skills and independence. |
3. Promote greater co-production and representation of the service user group. |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
ACHIEVEMENT AND PERFORMANCE |
The following sections for achievements and performance and financial review form the strategic report of the charity. |
Advocacy |
Until 31 October 2023, OPAL delivered its contracted advocacy service, making a significant difference in the lives of Oldham residents. The dedicated OPAL advocates provided crucial support on a variety of issues and guided individuals to the appropriate agencies when needed. |
OPAL's Women's Group |
Throughout the year, OPAL's women's group has offered a secure and inclusive environment for women to connect, build relationships, seek advice, and receive support. The group has consistently operated at maximum capacity, empowering women to develop valuable skills. |
Learning Disability Engagement Events |
OPAL's learning disability engagement sessions, focusing on key health topics such as diabetes, had a profound impact on the health awareness of the community. These sessions significantly contributed to improving the health literacy of Oldham residents. Feedback was obtained from people with lived experience and carers and provided to the council, underscoring their crucial role in developing better services in Oldham. |
Household Support Fund |
OPAL received a grant to support Oldham Council to deliver its Household Support Fund offer to vulnerable Oldham residents. OPAL utilised an E-voucher system and supported individuals and households in Oldham who were at risk due to the impact of the cost-of-living crisis. E-vouchers helped residents needing emergency food, warm clothing, school uniforms, household furniture and white goods, household essential items and emergency energy and water bills. OPAL provided support to 83 households and 272 individuals with this fund. |
National Energy Action (NEA) Community Grant |
OPAL received a grant from the NEA to provide information and advice to help vulnerable people prepare for winter and keep warm. OPAL delivered a 'coffee morning' event targeted at adults with learning disabilities, many of whom were in receipt of benefits and struggled to heat their homes. OPAL also distributed relevant information to individuals who couldn't attend and posted information via OPAL's social media platforms to reach a wider audience. |
GM Walking and Wheeling Fund |
OPAL facilitated eight walks with their Heels and Wheels walking group, funded by the Greater Manchester Walking and Wheeling Fund. The sessions ran from February 2023 and covered different locations, including the local town centre heritage trail, local parks, and a canal walk. |
One Oldham Fund - Cost of Living |
OPAL received funding from One Oldham Fund's Cost of Living Crisis Support Grant to provide information and advice to Oldham residents. OPAL utilised its social media platforms to share cost-of-living support and advice in various formats. We delivered sessions on energy-saving tips and explained where to access financial advice. OPAL also offered individual support to enable people to access the help they needed, such as accessing CAB drop-in sessions for debt and redeeming Household Support Fund vouchers. |
Hate Crime |
OPAL continue to being a third-party hate crime reporting centre and supports inclusiveness through a range of activities funded through Oldham Council. OPAL received a grant from One Oldham Fund's Let's End Hate Crime programme. The project was entitled 'A shout-out to end hate crime'. It promoted the message of challenging and reporting hate crimes by working in partnership with Oldham Community Radio and Gaydio. OPAL's members visited Oldham Community Radio and were interviewed on air to talk about what a hate crime is, how easy it is to report and the importance of reporting. Gaydio radio station also interviewed OPAL members and discussed the importance of challenging all hate crimes. |
Learning Disability Friends Project |
OPAL continues to run The Learning Disability Friends project and deliver free acceptance sessions to groups of professionals, students, and other stakeholders in the Oldham area. The sessions include learning about the barriers faced by people with learning disabilities and autistic individuals, as well as the adjustments that people can make in their roles to help them thrive. |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
Objectives of the Learning Disability Friends Project: |
- To develop an understanding of the way that society disables people with learning disabilities and autism. |
- To dispel some of the myths around learning disability and autism. |
- To develop an understanding of how we can adjust our practice to support people with learning disabilities and autism to thrive. |
Your Day Your Way |
OPAL's staff team and day service members have successfully navigated through the challenges of Covid and are actively expanding the day service and its activities. Members have shared their positive feedback about OPAL services and have also expressed their interest in seeing more activities in the future. OPAL has partnered with Wheels For All, providing access to adaptive bikes and introducing new and enjoyable activities for its members to participate in. OPAL continues to offer free taster sessions for people with a learning disability or autistic people to see if they'd like to join our service and meet new people. |
The OPAL Crew |
The OPAL Crew has transitioned to full-day sessions, allowing members to have more opportunities to visit the wider community. Members have been able to enjoy educational and fun trips, enhance their digital skills, and improve their health and fitness through various courses. Additionally, they have maintained positive relationships with community groups by networking and building connections. |
Learning Disability Health Trainer Programme / OPAL Move |
OPAL received additional funding to continue running the Learning Disability Health Trainer Programme, which has been renamed OPAL Move in 2022-2023. The health trainer from OPAL continued to work with individuals, providing free weekly sessions to increase physical activity and mental well-being. The trainer also offered group sessions for those who wanted to increase socialisation and seek friendships. Feedback from the program has been extremely positive, with clients continuing to work towards their individualised goals even after the end of their program. OPAL hopes to continue running the program in 2024-2025. |
FINANCIAL REVIEW |
Financial position |
The total income for the year was £303,905 (2023:£263,812). The main source of income for the charity is now |
generated through Your Day Your Way but essential funds continued to be received to support advocacy and placements from |
- Oldham Metropolitan Borough Council |
- Universities |
Direct expenditure in the year was £336,844 (2023:£314,255) including £4,495 (2023:£7,222) of governance costs. |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
FINANCIAL REVIEW |
Reserves policy |
To achieve the reserves target, the Board has continued scrutinising expenditure and ensuring that all activities are properly funded. |
The Board has implemented the priorities identified in the extensive review of the reserves policy and documented in the Strategic Plan for 2019 to 2024. Activities supported this year include the women's group. |
Reserves are the result of the charity's unrestricted income fund, which are freely available to spend on any of the charity's purposes. The Board have reviewed all unrestricted income streams and assessed these in respect of the future continued funding; the net profile of the income stream and the impact of the loss of each income stream. |
The above systematic identification of risk and future income and the assessment of committed expenditure to each stream of income has enabled the board to assess for each income stream the reserves needed to manage risks identified, shortfalls in income and specific liabilities identified, including loss of key staff and redundancy. The above reserves which have been identified total £85,000 and will continue to be recognised in the financial statements as continuity and contingency reserves. Additional reserves will be referred to as general reserves. |
Reserves will be reviewed at Board meetings when the quarterly management reports are received. Performance against budget will be monitored. The reserves policy will be reviewed and revised annually to reflect any changes in the operating context of the charity. Activities funded through the general reserves will be monitored to ensure the work remains relevant to members and can demonstrate impact. |
FUTURE PLANS |
In 2023, OPAL had an amazing 40th-anniversary celebration, supporting people with a learning disability and autistic individuals in Oldham. It was heart-warming to see so many people come together to celebrate the wonderful work that OPAL does. Unfortunately, towards the end of the year, OPAL lost the advocacy contract for Learning Disability and Autism Independent Advocacy. Nevertheless, OPAL remains dedicated to supporting the most vulnerable in Oldham's society and will continue to seek funding to ensure that we can keep providing excellent advocacy support. |
Over the next 12 months, OPAL will focus on the following initiatives: |
- Seeking funding to ensure the continuation of advocacy support for vulnerable individuals |
- Expanding the range of opportunities for people with learning disabilities and autism to lead active, fulfilling lives within their community |
- Implementing effective and efficient management practices to transform our charity into a creative and adaptable organisation |
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. |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
(a) Structure |
Oldham Personal Advocacy Limited (OPAL) is a charitable company limited by guarantee and was founded in 1983. It is governed by memorandum and articles of association, which were last amended in 1998. |
The charitable objects are to promote the relief of people with learning disabilities to obtain their full rights and |
privileges as citizens, to provide such people with personal friendship and support and also promote the relief of |
unemployment for the public benefit in such ways as may be thought fit. |
(b) Board Members |
Additional Board skill gaps identified at annual review will be promoted on an ongoing basis with local partners and using social media. |
(c) Management |
The Board have adopted systems of internal control that are designed to provide reasonable, but not absolute, assurance |
against material misstatement or loss. These include: |
- A strategic plan and annual budget approved by the Board |
- Regular consideration of the financial performance and variance from budgets and non-financial performance indicators. |
(d) Executive staff to whom day to day management is delegated |
OPAL employs a Chief Executive, who is accountable to the Trustees and is responsible for the day to day management of the charity. |
(e) Risk management |
The directors have identified the risks which have the potential to effect reserves and have created a current risk register for the charity. The risk register will be subject to rigorous and focused review during 2023/24. Having identified these risks the Board have implemented systems to recognise, evaluate and mitigate the risks. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
REFERENCE AND ADMINISTRATIVE DETAILS |
Independent Examiner |
Jane Cooksey FCCA |
Jane Cooksey Limited |
15/16 Boarshurst Bus. Park, |
Boarshurst Lane, Greenfield |
Oldham |
Lancashire |
OL3 7ER |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
OLDHAM PERSONAL ADVOCACY LIMITED |
Independent examiner's report to the trustees of Oldham Personal Advocacy Limited ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. |
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 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. |
Jane Cooksey FCCA |
The Association of Chartered Certified Accountants |
Jane Cooksey Limited |
15/16 Boarshurst Bus. Park, |
Boarshurst Lane, Greenfield |
Oldham |
Lancashire |
OL3 7ER |
7 October 2024 |
OLDHAM PERSONAL ADVOCACY LIMITED |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
224,299 | 71,625 | 295,924 | 256,712 |
Investment income | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
249,577 | 87,267 | 336,844 | 314,255 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 9 | (14,069 | ) | 14,069 | - | - |
Net movement in funds | ( |
) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 225,613 |
OLDHAM PERSONAL ADVOCACY LIMITED (REGISTERED NUMBER: 03562525) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
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 | 218,668 |
Restricted funds | 6,945 |
TOTAL FUNDS | 225,613 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
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. |
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 subject to restrictions declared by the donor or through the terms of the appeal. |
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 |
2024 | 2023 |
£ | £ |
Deposit account interest |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
4. | STAFF COSTS |
2024 | 2023 |
£ | £ |
Wages and salaries |
Social security costs |
Other pension costs |
258,400 | 244,661 |
The average monthly number of employees during the year was as follows: |
2024 | 2023 |
Administration, Finance and IT | 2 | 2 |
Client services | 10 | 10 |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
206,776 | 49,936 | 256,712 |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
247,149 | 67,106 | 314,255 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | (9 | ) | 9 | - |
Net movement in funds | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 251,950 | 24,106 |
TOTAL FUNDS CARRIED FORWARD | 218,668 | 6,945 | 225,613 |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | INDEPENDENT EXAMINATION FEES |
2024 | 2023 |
£ | £ |
Fees payable to the independent examiner for: |
Independent examination of the financial statements | 1,122 | 1,800 |
Other financial services | 2,022 | 4,068 |
3,144 | 5,868 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Prepayments and accrued income |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Social security and other taxes |
Other creditors |
Accrued expenses |
9. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.4.23 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 133,668 | (44,967 | ) | 13,601 | 102,302 |
Continuity and Contingency Fund | 85,000 | - | - | 85,000 |
Student Placements | - | (1,315 | ) | 1,315 | - |
Your Day your Way | - | 40,756 | (40,756 | ) | - |
Womens Group | - | (9,848 | ) | 9,848 | - |
OPAL Crew | - | (1,923 | ) | 1,923 | - |
(17,297 | ) | ( |
) |
Restricted funds |
Advocacy Funding OMBC | - | (14,069 | ) | 14,069 | - |
Learning Disability Engagement | 6,945 | (6,945 | ) | - | - |
Other grants | - | 5,372 | - | 5,372 |
(15,642 | ) |
TOTAL FUNDS | (32,939 | ) | 192,674 |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
9. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 7,980 | (52,947 | ) | (44,967 | ) |
Student Placements | 9,800 | (11,115 | ) | (1,315 | ) |
Your Day your Way | 190,157 | (149,401 | ) | 40,756 |
Womens Group | - | (9,848 | ) | (9,848 | ) |
OPAL Crew | 24,343 | (26,266 | ) | (1,923 | ) |
( |
) | (17,297 | ) |
Restricted funds |
Advocacy Funding OMBC | 23,916 | (37,985 | ) | (14,069 | ) |
Hate Crime | 1,000 | (1,000 | ) | - |
OPAL Move | 24,459 | (24,459 | ) | - |
Learning Disability Engagement | - | (6,945 | ) | (6,945 | ) |
Other grants | 22,250 | (16,878 | ) | 5,372 |
( |
) | (15,642 | ) |
TOTAL FUNDS | ( |
) | (32,939 | ) |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 166,950 | (22,681 | ) | (10,601 | ) | 133,668 |
Continuity and Contingency Fund | 85,000 | - | - | 85,000 |
Student Placements | - | (9,742 | ) | 9,742 | - |
Womens Group | - | (850 | ) | 850 | - |
251,950 | (33,273 | ) | (9 | ) | 218,668 |
Restricted funds |
Hate Crime | - | (9 | ) | 9 | - |
OPAL Move | 13,106 | (13,106 | ) | - | - |
Learning Disability Engagement | 11,000 | (4,055 | ) | - | 6,945 |
24,106 | (17,170 | ) | 9 | 6,945 |
TOTAL FUNDS | 276,056 | (50,443 | ) | - | 225,613 |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
9. | 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 | 7,900 | (30,581 | ) | (22,681 | ) |
Student Placements | 9,980 | (19,722 | ) | (9,742 | ) |
Your Day your Way | 165,687 | (165,687 | ) | - |
Womens Group | 7,000 | (7,850 | ) | (850 | ) |
OPAL Crew | 23,309 | (23,309 | ) | - |
213,876 | (247,149 | ) | (33,273 | ) |
Restricted funds |
Advocacy Funding OMBC | 46,936 | (46,936 | ) | - |
Hate Crime | 1,000 | (1,009 | ) | (9 | ) |
Oldham Community Champions | 2,000 | (2,000 | ) | - |
OPAL Move | - | (13,106 | ) | (13,106 | ) |
Learning Disability Engagement | - | (4,055 | ) | (4,055 | ) |
49,936 | (67,106 | ) | (17,170 | ) |
TOTAL FUNDS | 263,812 | (314,255 | ) | (50,443 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 166,950 | (67,648 | ) | 3,000 | 102,302 |
Continuity and Contingency Fund | 85,000 | - | - | 85,000 |
Student Placements | - | (11,057 | ) | 11,057 | - |
Your Day your Way | - | 40,756 | (40,756 | ) | - |
Womens Group | - | (10,698 | ) | 10,698 | - |
OPAL Crew | - | (1,923 | ) | 1,923 | - |
251,950 | (50,570 | ) | (14,078 | ) | 187,302 |
Restricted funds |
Advocacy Funding OMBC | - | (14,069 | ) | 14,069 | - |
Hate Crime | - | (9 | ) | 9 | - |
OPAL Move | 13,106 | (13,106 | ) | - | - |
Learning Disability Engagement | 11,000 | (11,000 | ) | - | - |
Other grants | - | 5,372 | - | 5,372 |
24,106 | (32,812 | ) | 14,078 | 5,372 |
TOTAL FUNDS | 276,056 | (83,382 | ) | - | 192,674 |
OLDHAM PERSONAL ADVOCACY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
9. | MOVEMENT IN FUNDS - continued |
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 | 15,880 | (83,528 | ) | (67,648 | ) |
Student Placements | 19,780 | (30,837 | ) | (11,057 | ) |
Your Day your Way | 355,844 | (315,088 | ) | 40,756 |
Womens Group | 7,000 | (17,698 | ) | (10,698 | ) |
OPAL Crew | 47,652 | (49,575 | ) | (1,923 | ) |
446,156 | (496,726 | ) | (50,570 | ) |
Restricted funds |
Advocacy Funding OMBC | 70,852 | (84,921 | ) | (14,069 | ) |
Hate Crime | 2,000 | (2,009 | ) | (9 | ) |
Oldham Community Champions | 2,000 | (2,000 | ) | - |
OPAL Move | 24,459 | (37,565 | ) | (13,106 | ) |
Learning Disability Engagement | - | (11,000 | ) | (11,000 | ) |
Other grants | 22,250 | (16,878 | ) | 5,372 |
121,561 | (154,373 | ) | (32,812 | ) |
TOTAL FUNDS | 567,717 | (651,099 | ) | (83,382 | ) |
10. | RELATED PARTY DISCLOSURES |