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|Chair:|E Potier|||||
|---|---|---|---|---|---|
|Trustees:|JC Davies|||||
||KSFrancis|||||
||D Graham|||||
||KMcDermott (appointed|||14/07/22)||
||M Marflect|||||
||M G Nkeshimana|(appointed|||15/07/21)|
||POpenshaw|||||
||K Prayle (appointed||15/07/21)|||
||Dr K Potier de la Morandiere|||||
||C H Ramsden|||||
||Dr KStansfield (appointed|||01/06/21)||
||CTennent|||||
||S EWilson-Gibbons||(resigned||24/09/21)|
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|Forthe y|ear|end|ed
51M|arch|2022||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2022|Unrestricted|Restricted|2021|
|||Notes|Funds|Funds|Total Funds|Funds|Funds|Total Funds|
|Income|||E|E|E|E|E|E|
|Donations||5|36,310|500|36,810|12,227||12,227|
|Charitable
activities|||||||||
|Charitable
objects||6|1,158,670|301,854|1,460,524|1,288,643|362,476|1,651,119|
|Investment
income||7|7,042||7,042|12,236||12,236|
|Other income||8|14,403|15,000|29,403|345||345|
|Total Income|||1,216,425|317,354|1,533,779|1,313,451|362,476|1,675,927|
|Expenditure|||||||||
|Cost ofraising funds|||||||||
|Fundraising
costs||9|14,860||14,860|216||216|
|Charitable
activities|||||||||
|Charitable
objects||10|1,255,320|331,810|1,587,130|1,232,998|288,398|1,521,396|
|Total expenditure|||1,270,180|331,810|1,601,990|1,233,214|288,398|1,521,612|
|Net income|||(53,755)|(14,456)|(68,211)|80,237|74,078|154,315|
|Transfers between|funds|16|(5,259)|5,259||(398)|398||
|Net movement
of funds|||||||||
|for the year|||(59,014)|(9,197)|(68,211)|79,839|74,476|154,315|
|Reconciliation
offunds|||||||||
|Total funds brought|||||||||
|forward|||2,443,392|104,837|2,548,229|2,363,553|30,361|2,393,914|
|Total funds carried|||||||||
|forward|||2,384,378|95,640|2,480,018|2,443,392|104,837|2,548,229|
##
##
|As at|31|March 2022||||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||17||832,756||744,252|
|Current assets||||||||
|Debtors|||18|151,632||188,912||
|Cash at bank|and in|hand||2,091,772||2,478,852||
|||||2,243,404||2,667,764||
|Creditors: Amounts||falling due within one year|19|(596,142)||(863,787)||
|Net current|assets||||1,647,262||1,803,977|
|Net assets|||||2,480,018||2,548,229|
|Funds||||||||
|Restricted
income funds|||20||95,640||104,837|
|Unrestricted|income|funds||||||
|General|||20|981,291||922,156||
|Designated|||20|1,403,087||1,521,236||
|Net current|assets||||2,384,378||2,443,392|
|Totalfunds|||||2,480,018||2,548,229|
##
##
|||||||Notes|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
|Cash flows from operating|activities:||||||||
|(Cash used in) / generated|from operations|||||26|(268,213)|197,644|
|Net cash provided
by operating
activities|||||||(268,213)|197,644|
|Cash flows from investing|activities:||||||||
|Interest from investments|||||||7,042|12,236|
|Purchase of property,
plant, and equipment|||||||(125,909)|(13,122)|
|Net cash used in investing|activities||||||(118,867)|(886)|
|Change
in cash and cash equivalents||in the|reporting|period|||(387,080)|196,758|
|Cash and cash equivalents|at the beginning||ofthe reporting||period||2,478,852|2,282,094|
|Cash and cash equivalents|at the end|ofthe reporting||period|||2,091,772|2,478,852|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total|Funds|Unrestricted|Restricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
|Donations|Funds|Funds||2022|Funds|Funds||2021|
||E|E||E|E|E||E|
|Donations|36,310|500||36,810|12,227|||12,227|
##
##
|6.|Income from charitable|Income from charitable|Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||activities||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
||Work in Schools||99,774|34,963|134,737|226,364|34,963|261,327|
||Youth Intervention||||||||
||Services||353,497|30,363|383,860|348,262|82,993|431,255|
||Universal
Youth|Services|446,176||446,176|513,880||513,880|
||Adult Inclusion|Initiatives|259,223|236,528|495,751|200,137|244,520|444,657|
||||1,158,670|301,854|1,460,524|1,288,643|362,476|1,651,119|
|7.|Investment
income||Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
||Interest received||7,042||7,042|12,236||12,236|
|8.|Other income||Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|Funds|Funds|2021|
||||E|E|E|E|E|E|
||Sundry income||7,210||7,210|345||345|
||Building refurbishment||7,193|15,000|22,193||||
||||14,403|15,000|29,403|345||345|
|9.|Cost of raising funds||||||||
|||||||Unrestricted||Unrestricted|
||||||||Funds|Funds|
||||||||2022|2021|
||||||||E|E|
||Wages and salaries||||||14,644||
||6eneral management||||||216|216|
||||||||14,860|216|
##
##
##
||||Youth|Universal|Adult|Other||
|---|---|---|---|---|---|---|---|
||Allocation|Work in|Intervention|Youth|Inclusion|Charitable|Total|
||Basis|Schools|Services|Services|Initiatives|Activities|2022|
|||E|E|E|E|E|E|
|Staff costs|Direct|103,356|251,600|266,891|360,825|40,082|1,022,754|
|Service delivery costs|Direct|2,804|20,426|55,052|35,920|40,364|154,566|
|Support costs|Note 12|22,119|97,966|156,467|133,258||409,810|
|Total||128,279|369,992|478,410|530,003|80,446|1,587,130|
##
||||Youth|Universal|Adult|Other||
|---|---|---|---|---|---|---|---|
||Allocation|Work in|Intervention|Youth|Inclusion|Charitable|Total|
||Basis|Schools|Services|Services|Initiatives|Activities|2021|
|||E|E|E|E|E|E|
|Staff costs|Direct|167,680|295,475|185,688|310,990|28,966|988,799|
|Service delivery costs|Direct|11,950|36,892|11,368|67,169|25,081|152,460|
|Support costs|Note 12|49,072|84,471|162,383|84,211||380,137|
|Total||228,702|416,838|359,439|462,370|54,047|1,521,396|
##
##
##
##
##
|||||General|Governance|2022|
|---|---|---|---|---|---|---|
|Support costs||||suppor't|costs|Totals|
|||||E|E|E|
|Wages and salaries||||217,244||217,244|
|Depreciation||||21,829||21,829|
|Facilities, property|and insurance||costs|68,130|528|68,658|
|General management||||23,409|10,380|33,789|
|ITand communications||||48,195||48,195|
|Office costs||||6,683||6,683|
|Other staff support|costs|||13,412||13,412|
|||||398,902|10,908|409,810|
|Analysis ofgovernance||and support costs - prior year|||||
|||||General|Governance|2021|
|Supportcos'ts||||support|costs|Totals|
|||||E|E|E|
|Wages and salaries||||231,242||231,242|
|Bad debts||||(22,456)||(22,456)|
|Depreciation||||18,866||18,866|
|Facilities, property|and insurance||costs|55,393|481|55,874|
|General management||||22,448|10,080|32,528|
|1Tand communications||||48,540||48,540|
|Office costs||||7,876||7,876|
|Other staff support|costs|||7,667||7,667|
|||||369,576|10,561|380,137|
|Net income/(expenditure)|||||2022|2021|
||||||E|E|
|Net income/(expenditure)||is stated after charging/(crediting):|||||
|Auditors'
remuneration|||||8,240|7,800|
|Depreciation
—owned assets|||||37,405|18,866|
|Other operating
leases|||||576|2,196|
##
##
##
|Staff costs|||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Wages and||salaries|||1,114,562|1,076,963|
|Social security costs|||||83,811|83,067|
|Other pension costs|||||56,269|60,011|
||||||1,254,642|1,220,041|
||||||2022|2021|
||||||No|No|
|The average||monthly|number ofemployees|during the year was as follows:|||
|Charitable|activities||||46|47|
|Support staff|||||7|5|
|Temporary||programme|staff||47|21|
||||||100|73|
|The number ofemployees|whose employee|benefits (excludmg|employer|2022|2021|
|---|---|---|---|---|---|
|pension costs) exceeded|E60,000was:|||No|No|
|E60,000 - E69,999||||||
##
##
##
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|17.|Tangible fixed assets|||Freehold||Office and||
||||Freehold|Property||Computer||
||||Property|Improvements||Equipment|Total|
||||E|||E|E|
||Cost|||||||
||At 1April 2021||927,098|13,122||203,126|1,143,346|
||Additions|||106,673||19,236|125,909|
||Disposals|||||(174,176)|(174,176)|
||At 31March 2022||927,098|119,795||48,186|1,095,079|
||Depreciation|||||||
||At 1April 2021||196,185|||202,909|399,094|
||Charge for year||18,542|15,217||3,646|37,405|
||Disposals|||||(174,176)|(174,176)|
||At 31March 2022||214,727|15,217||32,379|262,323|
||Net book value|||||||
||At 31March 2022||712,371|104,578||15,807|832,756|
||At 31March 2021||730,913|13,122||217|744,252|
|18.|Debtors: Amounts||falling due within one year|||2022|2021|
|||||||E|E|
||Trade debtors|||||48,743|148,343|
||Accrued income|||||62,538|30,877|
||Prepayments|||||40,351|9,692|
|||||||151,632|188,912|
|19.|Creditors: Amounts||falling due within one year|||2022|2021|
|||||||E|E|
||Trade creditors|||||48,444|415,177|
||Accruals|||||350,658|62,840|
||Deferred income|||||197,040|385,770|
|||||||596,142|863,787|
||Deferred income includes 6197,040(2021-6385,770) relating|||to funding|received|in advance on|contracts.|
||Balance brought|forward||||385,770|817,389|
||Utilised
in period|||||(385,770)|(809,489)|
||Added
in period|||||197,040|377,870|
|||||||197,040|385,770|
##
|20.|Movement
in funds -|Current year|Current year|Current year|||At|Net|Transfers|At|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||1April|movement|between|31March|
||||||||2021|in funds|funds|2022|
||||||||6|6|6|E|
||Unrestricted
funds||||||||||
||General fund||||||922,156|62,279|(3,144)|981,291|
||Designated
funds||||||||||
||Freehold
Property||||||730,910|(18,542)||712,368|
||Planned
Maintenance||||||193,790|6,929||200,719|
||Puccini's
Event||||||1,045|(1,045)|||
||Hardship
Fund||||||14,356|(14,356)|||
||Programmes
Investment
Fund||||||281,135|(89,020)|(192,115)||
||Coronavirus
Response|Fund|||||200,000||(200,000)||
||St Mary's Redevelopment||Fund||||100,000|||100,000|
||Beneficiary Emergency|Response||Fund|||||30,000|30,000|
||Strategy Fund||||||||250,000|250,000|
||Restructure
Costs||||||||80,000|80,000|
||Infrastructure
Projects Fund||||||||30,000|30,000|
||Total designated
funds||||||1,521,236|(116,034)|(2,115)|1,403,087|
||Total unrestricted
funds||||||2,443,392|(53,755)|(5,259)|2,384,378|
||Restricted funds||||||||||
||BUPA —Evolve||||||6|1,083||1,089|
||BUPA —Positive Pathways||||||33,898|(27,870)||6,028|
||Salford CVS —Positive|Pathways||||||21||21|
||Co-op Foundation
- Leap||||||34,963|3,635||38,598|
||Lottery 2||||||692|(692)|||
||Salford CVS - Rise||||||19,898|(17,851)||2,047|
||Youth Endowment
Fund-||YEF||||5,539|(5,539)|||
||BBCChildren
in Need|—Leadership||Academy|||1,712|(1,655)||57|
||Lottery
—Indigo||||||||||
||GMCA
—Domestic Abuse Emergency||||Grant||206|(206)|||
||Workers'
Educational|Association||—Training|||1,490|(2,816)|1,326||
||Princes Trust - Better Build||Back Youth Salford||||6,433|(10,366)|3,933||
||Princes Trust - Find My Future|||||||5,909||5,909|
||RHS Community
Gardening||Project|||||3,000||3,000|
||Nationwide
—Pathways|Home||||||37,093||37,093|
||The Booth Charities
-Leadership|||Academy||||5,979||5,979|
||Ministry ofJustice —Covid||||||||||
||Workers'
Educational|Association||-|Learning|City||(4,181)||(4,181)|
||Total restricted
funds||||||104,837|(14,456)|5,259|95,640|
||Total funds||||||2,548,229|(68,211)||2,480,018|
##
##
|Movement
in funds
[centinuedl|Movement
in funds
[centinuedl|-Current year|-Current year|-Current year|-Current year|Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|
|||||||Resources|Expended|in funds|
|||||||E|E|E|
|Net movement
in funds,|included||in|the above are as follows:|||||
|Unrestricted
funds|||||||||
|General
Fund||||||1,199,115|(1,136,836)|62,279|
|Freehold Property|||||||(18,542)|(18,542)|
|Planned
Maintenance||||||17,310|(10,381)|6,929|
|Puccini's
Event|||||||(1,045)|(1,045)|
|Hardship
Fund|||||||(14,356)|(14,356)|
|Programmes
Investment|Fund||||||(89,020)|(89,020)|
|Coronavirus
Response
Fund|||||||||
|St Mary's Redevelopment|Fund||||||||
|Beneficiary Emergency
Response|||Fund||||||
|Strategy Fund|||||||||
|Restructure
Costs|||||||||
|Infrastructure
Projects Fund|||||||||
|Total Unrestricted
Funds||||||1,216,425|(1,270,180)|(53,755)|
|Restricted funds|||||||||
|8UPA - Evolve||||||1,500|(417)|1,083|
|BUPA - Positive Pathways||||||750|(28,620)|(27,870)|
|Salford CVS —Positive Pathways||||||10,000|(9,979)|21|
|Co-op Foundation
- Leap||||||34,963|(31,328)|3,635|
|Lottery 2|||||||(692)|(692)|
|Salford CVS - Rise|||||||(17,851)|(17,851)|
|Youth Endowment
Fund|—YEF|||||7,266|(12,805)|(5 539)|
|BBCChildren
in Need
—Leadership|||Academy||||(1,655)|(1,655)|
|Lottery - Indigo||||||100,000|(100,000)||
|GMCA - Domestic Abuse|Emergency|||Grant|||(206)|(206)|
|Workers'
Educational
Association|||—Training|||9,008|(11,824)|(2,816)|
|Princes Trust - Better Build Back Youth Salford|||||||(10,366)|(10,366)|
|Princes Trust
—Find My Future||||||56,240|(50,331)|5,909|
|RHS Community
Gardening
Project||||||3,000||3,000|
|Nationwide
—Pathways
Home||||||39,868|(2,775)|37,093|
|The Booth Charities
—Leadership|||Academy|||23,097|(17,118)|5,979|
|Ministry ofJustice
—Covid||||||11,672|(11,672)||
|Workers'
Educational
Association|||—Learning||City|4,990|(9,171)|(4,181)|
|Clothworkers'
Foundation||||||15,000|(15,000)||
|Total restricted
funds||||||317,354|(331,810)|(14,456)|
|Total funds||||||1,533,779|(1,601,990)|(68,211)|
##
##
|20.|Movement
in funds|lcontinvea) - prior year|lcontinvea) - prior year|lcontinvea) - prior year|lcontinvea) - prior year|lcontinvea) - prior year|At|Net|Transfers|At|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||1April|movement|between|31March|
||||||||2020|in funds|funds|2021|
||||||||E|E|E|E|
||Unrestricted
funds||||||||||
||General fund||||||883,633|138,921|(100,398)|922,156|
||Designated
funds||||||||||
||Freehold
Property||||||749,452|(18,542)||730,910|
||Planned
Maintenance||||||193,790|||193,790|
||Puccini's Event||||||3,655|(2,610)||1,045|
||Hardship
Fund||||||14,356|||14,356|
||Programmes
Investment|||Fund|||318,667|(37,532)||281,135|
||Coronavirus
Response||Fund||||200,000|||200,000|
||St Mary's Redevelopment|||Fund|||||100,000|100,000|
||Total designated
funds||||||1,479,920|(58,684)|100,000|1,521,236|
||Total unrestricted
funds||||||2,363,553|80,237|(398)|2,443,392|
||Restricted funds||||||||||
||Emerge||||||8,091|(8,174)|83||
||BUPA —Evolve||||||22,270|(22,264)||6|
||BUPA - Positive Pathways|||||||33,898||33,898|
||Co-op Foundation
- Leap|||||||34,963||34,963|
||Lottery 1- Women's|Services||||||(114)|114||
||Lottery 1- The Shed|||||||(73)|73||
||Lottery 2|||||||692||692|
||Salford CVS —Rise|||||||19,898||19,898|
||Youth Endowment
Fund|||—YEF||||5,539||5,539|
||BBCChildren
in Need||—Leadership||Academy|||1,712||1,712|
||Ministry ofJustice -Women's Services Grant|||||||(127)|127||
||GMCA - Domestic Abuse|||Emergency||Grant||206||206|
||Salford CVS - Emergency|||Beneficiary||Support||(1)|1||
||Workers'
Educational||Association||—Training|||1,490||1,490|
||Princes Trust
—Better||Build Back Youth Salford|||||6,433||6,433|
||Total restricted funds||||||30,361|74,078|398|104,837|
||Totalfunds||||||2,393,914|154,315||2,548,229|
##
|20.|Movement
in funds|[continued] - prior year|[continued] - prior year|[continued] - prior year|[continued] - prior year|[continued] - prior year|Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||||Resources|Expended|in funds|
||||||||E|E|6|
||Net movement
in funds,|||included||in the above are as follows:||||
||Unrestricted
funds|||||||||
||General
Fund||||||1,313,451|(1,174,530)|138,921|
||Freehold
Property|||||||(18,542)|(18,542)|
||Puccini's
Event|||||||(2,610)|(2,610)|
||Programmes
Investment|||Fund||||(37,532)|(37,532)|
||Total Unrestricted
Funds||||||1,313,451|(1,233,214)|80,237|
||Restricted funds|||||||||
||Emerge||||||36,264|(44,438)|(8,174)|
||Evolve|||||||(22,264)|(22,264)|
||Positive Pathways||||||33,898||33,898|
||Leap
Lottery 1-Women's
Lottery 1-The Shed|Services|||||34,963
32,052
12,934|(32,166)
(13,007)|34,963
(114)
(73)|
||Lottery 2||||||44,907|(44,215)|692|
||Rise||||||19,898||19,898|
||Youth Endowment
Fund||||||26,502|(20,963)|5539|
||Leadership
Academy||||||17,600|(15,888)|1,712|
||Ministry ofJustice||||||34,910|(35,037)|(127)|
||Domestic Abuse Emergency||||Grant||39,229|(39,023)|206|
||Emergency
Beneficiary||Support||||1,000|(1,001)|(1)|
||Workers'
Educational||Association||||5,000|(3,510)|1,490|
||Build Back Youth Salford||||||23,319|(16,886)|6,433|
||Total restricted
funds||||||362,476|(288,398)|74,078|
||Total funds||||||1,675,927|1,521,612|154,315|
||Designated
funds|||||||||
##
##
##
##
##
##
##
##
##
|21.|Analysis ofnet assets between|Analysis ofnet assets between|funds - current|General|Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|
||year|||Fund|Funds|Funds|2022|
|||||E|E|E|E|
||Tangible fixed assets|||120,388|712,368||832,756|
||Cash at bank and|in hand||1,305,413|690,719|95,640|2,091,772|
||Other net current|(liabilities) /|assets|(444,510)|||(444,510)|
|||||981,291|1,403,087|95,640|2,480,018|
||Analysis ofnet assets between||funds - prior year|General|Designated|Restricted|Total|
|||||Fund|Funds|Funds|2021|
|||||E|E|E|E|
||Tangible fixed assets|||217|744,035||744,252|
||Cash at bank and|in hand||1,596,814|777,201|104,837|2,478,852|
||Other net current|(liabilities) /|assets|(674,875)|||(674,875)|
|||||922,156|1,521,236|104,837|2,548,229|
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|26.|Reconciliation|of|net income|net income|to|net cash flow from operating|activities||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||6|6|
||Net income for the|||reporting|period (as per the Statement of||Financial||||
||Activities)||||||||(68,211)|154,315|
||Adjustments|for:|||||||||
||Depreciation|charges|||||||37,405|18,866|
||Interest from|investments|||||||(7,042)|(12,236)|
||Decrease in debtors||||||||37,280|331,384|
||(Decrease) in|creditors|||||||(267,645)|(294,685)|
||Net cash provided|||by operating||activities|||(268,213)|197,644|
|27.|Analysis ofchanges|||in net funds||- current year||At||At|
|||||||||1April||31March|
|||||||||2021|Cash Flow|2022|
|||||||||6|6|6|
||Net cash||||||||||
||Cash at bank|and|in|hand||||2,478,852|(387,080)|2,091,772|
||Analysis ofchanges|||in net funds||- prior year||At||At|
|||||||||1April||31March|
|||||||||2020|Cash Flow|2021|
|||||||||6|6|6|
||Net cash||||||||||
||Cash at bank|and|in|hand||||2,282,094|196,758|2,478,852|