| Page | Page | ||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Report ofthe Independent Auditors |
8 | to | 11 |
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13 | ||
| Cash Flow Statement | 14 | ||
| Notes to the Cash Flow Statement | 15 | ||
| Notes to the Financial Statements | 16 | to | 27 |
| Detailed Statement of Financial Activities |
28 | to | 29 |
| 31.3.22 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Notes | funds 6 |
funds F |
funds f |
fundsf | ||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
2 | 13,316 | 65,157 | 78,473 | 74,781 | |||
| Charitable activities |
||||||||
| School contracts | 1,520,383 | 1,520,383 | 1,251,581 | |||||
| Health contract | 1,120,074 | 1,120,074 | 1,034,586 | |||||
| Assessment centre |
157,750 | 157,750 | 155,725 | |||||
| 0ptech | 1,755 | 1,755 | ||||||
| Other | 82,054 | 8,465 | 90,519 | 10,483 | ||||
| Other trading activities |
17,963 | 17,963 | 10,037 | |||||
| Investment income |
258 | 258 | 1,289 | |||||
| Other income | 4,000 | |||||||
| Total | 2,913,553 | 73,622 | ~2,987 175 | 2,542,482 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | 27,194 | 27 194 | 51 905 | |||||
| Charitable activities |
||||||||
| School contracts | 1,104,496 | 37,868 | 1,142,364 | 1,070,152 | ||||
| Health contract | 904,735 | 13,092 | 917,827 | 818,638 | ||||
| Assessment centre |
81,375 | 81,375 | 80,675 | |||||
| Optech | 23,557 | 23,557 | 30,772 | |||||
| Other | 66,3'I 8 | 12,615 | 78,933 | 133,895 | ||||
| Other | 17,955 | 17,955 | ~22 806 | |||||
| Total | 2,225,630 | 63,575 | 2,289,205 | 2,208,843 | ||||
| NET INCOME | 687,923 | 10,047 | 697,970 | 333,639 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 6,233,327 | 1,052,720 | ?,286,047 | 6,952,408 | |||
| TOTAL FUNDS CARRIED FORWARD | ~6921,250 | 1,062,767 | 7,984,017 | 7,286,047 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f | 6 | 6 | 8 | |
| FIXEDASSETS | |||||
| Tangible assets | 13 | 4,046,942 | 1,021,584 | 5,068,526 | 5,181,647 |
| CURRENT ASSETS | |||||
| Stocks Debtors |
14 15 |
4,106 113,625 |
4,106 113,625 |
4,708 40,236 |
|
| Cash at bank | 2,850,282 | 41,183 | 2,891,465 | 2,117,901 | |
| 2,968,013 | 41,183 | 3,009,196 | 2,162,845 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(93,705) | (93,705) | (58.445) | ||
| NET CURRENT ASSETS | 2.87 8 |
41,183 | 2,915,491 | 2,104,400 | |
| TOTAL ASSETS LESSCURRENT | LIABILITIES | 6,921,250 | 1,062,767 | 7,984,017 | 7,286,047 |
| NET ASSETS | 6,921,250 | 1,06, | 7984 D1 | 7,286, D47 | |
| FUNDS | 18 | ||||
| Unrestricted funds |
6,921,250 | 6,233,327 | |||
| Restricted funds | 1 D62, | 1 082,720 | |||
| TOTAL FUNDS | 984,D1 | 7.286,047 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Notes | 6 | ||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
850,877 | 526,653 | |||
| Net cash provided by operating activities |
850,877 | 526,653 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets |
(75,854) | (256,423) | |||
| Sale oftangible fixed assets | 2,989 | ||||
| interest received | 258 | 1,289 | |||
| Net cash used in investing activities |
~75,596) | ~252,145) | |||
| Change in cash and cash |
equivalents | in | |||
| the reporting period |
775,281 | 274,508 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | 2 | 2,115,299 | 1,840,791 | |
| Cash and cash equivalents | atthe end | of | |||
| the reporting period |
2,890,580 | 2,115,299 |
| RECONCILIATION |
OF NET INCOME TO NET C | ASH FLOW FROM OPERATI | NG ACTIVITIES | ||
|---|---|---|---|---|---|
| 31.3.22 f |
31.3.21 f |
||||
| Net income for the Activities) |
reporting period (as per the Statement ofFinancial |
697,970 | 333,639 | ||
| Adjustments for: |
|||||
| Depreciation charges |
188,659 | 178,125 | |||
| Loss on disposal offixed assets | 316 | ||||
| Interest received | (258) | (1,289) | |||
| Decrease in stocks | 602 | 657 | |||
| (Increase)/decrease Increase/(decrease) |
in debtors in creditors |
(73,389) 36,977 |
27,216 ~11,695 |
||
| Net cash provided | by operations | 850,877 | 526,653 | ||
| 2. | ANALYSIS OF CASH AND CASH EQUIVALENTS | 31.3.22 | 31.3.21 | ||
| Notice deposits (less than 3months) Overdrafts included in bank loans and overdrafts |
falling due within one year | 2,891,465 ~885) |
2,117,901 ~2,602) |
||
| Total cash and cash | equivalents | ~2,890580 | 2,115,299 |
| ANALYSIS OF CHANGES IN NET FUN |
DS | ||
|---|---|---|---|
| At 1.4.21 | Cash flow | At 31.3.22 | |
| E | |||
| Net cash | |||
| Cash at bank Bank overdraft |
2,117,901 ~2,602) |
773,564 1,717 |
2,891,465 ~885) |
| 2,115,299 | 775,281 | 2,890,580 | |
| Total | 2,115,299 | 775,281 | 2,890,580 |
| 2. | DONATIONS | AND LEGACIES | AND LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| 6 | |||||||
| Membership | 98 | 458 | |||||
| Donations and Legacies |
grants | 78,368 7 |
23,137 51,186 |
||||
| 78,473 | 74,781 | ||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 31.3.22 | 31.3.21 | ||||||
| E | |||||||
| Fundraising events |
7,111 | 2,399 | |||||
| Rents received | 7,197 | 7,058 | |||||
| Courses | 3,655 | 580 | |||||
| 17,963 | 10,037 | ||||||
| 4. | INVESTMENT | INCOME | |||||
| 31.3.22 | 31.3.21 | ||||||
| E | E | ||||||
| Bank interest | 258 | 1,289 | |||||
| INCOME FROM CHARITABLE | ACTIVITIES | ||||||
| 31.3.22 | 31.3.21 | ||||||
| Vranch House | School | Activity School contracts |
E 1,520,383 |
E 1,251,581 |
|||
| Vranch House | Centre | Health contract | 1,120,074 | 1,034,586 | |||
| Assessment Centre |
Assessment | centre | 157,750 | 155,725 | |||
| 0ptech | 0ptech | 1,755 | |||||
| Vranch House | School | Other | 67,342 | ||||
| Other Chaditable activities |
Other | 23,177 | 10.483 | ||||
| 2,890,481 | 2,452,375 | ||||||
| RAISING FUNDS | |||||||
| Raising donations | and legacies | 31.3.22 | 31.3,21 | ||||
| E | E | ||||||
| Staffcosts | 21,265 | 47,662 | |||||
| Society administration Office costs |
1,743 1,809 |
1,905 1,275 |
|||||
| Fundraising | 2377 | 1,063 | |||||
| 27,194 | 51,905 |
| CHARITAB | LE ACTIVITIES COSTS | |
|---|---|---|
| Direct | ||
| Costs | ||
| 6 | ||
| School contracts | 1,142,364 | |
| Health contract | 917,827 | |
| Assessment | centre | 81,375 |
| Optech Other |
23,557 78,933 |
|
| 2,244,056 |
| Net incom | e/(expenditur | e) is stated |
after charging/(crediting): | ||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| f | |||||
| Depreciation -owned |
assets | 188,659 | 178,126 | ||
| Deficit on | disposal of | fixed assets | 316 | ||
| Auditor's | remuneration | - external | audit | 6,250 | 6,200 |
| Auditor's | remuneration | —other services | 2,534 | 2,282 |
| Analysis ofstaff | costs; | |||||
|---|---|---|---|---|---|---|
| 31.03.22 | 31.03.21 | |||||
| Wages Social Security Pension |
1,643,023 121,429 113,976 |
1,625,642 126,365 100,813 |
||||
| 1,878,428 | 1,852,820 | |||||
| The average monthly |
number | of employees | during the year was as follows: | |||
| 31.3.22 | 31.3.21 | |||||
| Chief Executive | 1 | 1 | ||||
| Vranch House School | 53 | 45 | ||||
| Health Contract | 33 | 31 | ||||
| Other Charitable | activities | 10 | 9 | |||
| 97 | 86 |
| The number ofemployees | whose employee | benefits (excluding | employer | pension costs) exceeded | E60,000was: |
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| E60,001 —E70,000 | 1 | ||||
| E70,001 - E80,000 | 1 | ||||
| E80,001 - E90,000 | 1 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 6 | E | E. | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
64,448 | 10,333 | 74,781 | ||
| Charitable activities |
|||||
| School contracts | 1,251,581 | 1,251,581 | |||
| Health contract | 1,034,586 | 1,034,586 | |||
| Assessment centre |
155,725 | 155,725 | |||
| Olher | 10,483 | 10,483 | |||
| Other trading activities |
10,037 | 10,037 | |||
| Investment income |
1,289 | 1,289 | |||
| Other income | 4,000 | 4,000 | |||
| Total | 2,532,149 | 10,333 | 2,542,482 | ||
| EXPENDITURE ON | |||||
| Raising funds | 51,905 | 51,905 | |||
| Charitable activities |
|||||
| School contracts | 1,034,106 | 36,046 | 1,070,152 | ||
| Health contract | 805,846 | 12,792 | 818,638 | ||
| Assessment centre |
80,675 | 80,675 | |||
| Optech Other |
30,772 133,895 |
30,772 133,895 |
|||
| Other | 22,806 | 22,806 | |||
| Total | 2,160,005 | 48,838 | 2,208,843 | ||
| NET INCOME/(EXPENDITURE) | 372,144 | (38,505) | 333,639 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 5,861,183 | 1,091,225 | 6,952,408 | ||
| TOTAL FUNDS CARRIED FORWARD | 6,233,327 | 1,052,720 | 7,286,047 |
| 15. | DEBTORS:AMOUNTS FALLING DUE WITHIN |
ONE YEAR | ||||||
| 31.3.22 | 31.3.21 | |||||||
| Trade debtors | 1,706 | 24,555 | ||||||
| Other debtors | 13,457 | |||||||
| Prepayments | 23,887 | 15,681 | ||||||
| Accrued income | 74,575 | |||||||
| 113,625 | 40,236 | |||||||
| 16. | CREDITORS: AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||||
| 31.3.22 f |
31.3.21 f |
|||||||
| Bank loans and overdrafts | (see note 17) | 885 | 2,602 | |||||
| Trade creditors | 43,505 | 18,340 | ||||||
| Social security and other | taxes | 29,117 | 26,099 | |||||
| Other creditors | 11,408 | 2,854 | ||||||
| Accrued expenses | 8,790 | 8,550 | ||||||
| 93,705 | 58,445 | |||||||
| 17. | LOANS | |||||||
| An analysis ofthe matudity | of loans is given below: | |||||||
| 31.3.22 f |
31.3.21 f |
|||||||
| Amounts falling due within Bank overdrafts |
one year on demand: | 885 | 2,602 | |||||
| 18. | MOVEMENT IN FUNDS |
|||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 12L21 f. |
in funds f |
funds f |
31.3.22 f |
|||||
| Unrestricted funds |
||||||||
| General fund Revaluation reserve |
4,114,132 ~2,119195 |
687,923 | 4,802,055 2,119,195 |
|||||
| 6,233,327 | 687.923 | 6,921,250 | ||||||
| Restricted funds | ||||||||
| Fixed Asset Fund | 1,044,311 | (50,815) | 28,088 | 1,021,584 | ||||
| Training Fund |
145 | (145) | ||||||
| Accessible Living Suite Fund |
1,039 | 1,D39 | ||||||
| Outdoor Area Fund | 1,122 | 146 | 1,268 | |||||
| Minibus Fund Masonic Fund |
6,103 | 27,084 33,777 |
~28,088) | 33,187 5,689 |
||||
| 1,052.720 | 1D,047 | 1,062,?67 | ||||||
| TOTALFUNDS | 7,286,047 | 697,970 | 7,984,017 |
| MOVEMENT | IN FUNDS - continu | IN FUNDS - continu | ed | ||||
|---|---|---|---|---|---|---|---|
| Net movement | in funds, included | in the above are as | follows: | ||||
| Incoming | Resources | Movement | |||||
| resources f |
expended 8 |
in funds E |
|||||
| Unrestricted | funds | ||||||
| General fund |
2,913,553 | (2,225,630) | 687,923 | ||||
| Restricted funds | |||||||
| Fixed Asset Fund | (50,815) | (50,815) | |||||
| Training Fund |
4,150 | (4,295) | (145) | ||||
| Outdoor Area | Fund | 146 | 146 | ||||
| Minibus Fund |
27,084 | 27,084 | |||||
| Masonic Fund DCC Fund |
33,777 8,465 |
~8465) | 33,777 | ||||
| ~73 622 | ~63,575 | ~10047 | |||||
| TOTAL FUNDS | 2,987,175 | j2,289,205) | ~69?970 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.20 | in funds | funds | 31.3.21 | ||||
| f | 8 | ||||||
| Unrestricted | funds | ||||||
| General fund |
3,741,988 | 372,144 | 4,114,132 | ||||
| Revaluation reserve |
~2119,I95 | 2,119,195 | |||||
| 5,861,183 | 372,144 | 6,233,327 | |||||
| Restricted funds | |||||||
| Fixed Asset Fund | 1,091,080 | (47,568) | 799 | 1,044,311 | |||
| Training Fund |
145 | 145 | |||||
| Accessible Living Suite Fund |
1,838 | (799) | 1,039 | ||||
| Outdoor Area | Fund | 1,122 | 1,122 | ||||
| Minibus Fund |
6,103 | 6,103 | |||||
| 1,091,225 | 38,505 | 1,052,720 | |||||
| TOTAL FUNDS | 6,952,408 | 333,639 | 7,286,047 |
| Comparat | ive |
net movemen | t in funds, included in th |
e | above are | as follows: | as follows: | ||
|---|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| E | E | F | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 2,532,149 | (2,160,005) | 372,144 | |||||
| Restricted funds | |||||||||
| Fixed Asset Fund | (47,568) | (47,568) | |||||||
| Accessible Living Suite Fund |
2,108 | (270) | 1,838 | ||||||
| Musical | Fund | 1,000 | (1,000) | ||||||
| Outdoor | Area | Fund | 1,122 | 1,122 | |||||
| Minibus | Fund | 6,103 | 6,103 | ||||||
| 10,333 | ~48,838 | 38,505 | |||||||
| TOTAL | FUNDS | 2,542,482 | ~2,208,843) | 333,639 | |||||
| A current | year | 12months | and prior year 12months | combined | position | is as follows: | |||
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1.4.20 | in funds | funds | 31.3.22 | ||||||
| E | E | E | E | ||||||
| Unrestdcted | funds | ||||||||
| General fund Revaluation reserve |
3,741,988 2,119,195 |
1,060,067 | 4,802,055 2,119,195 |
||||||
| 5,861,183 | 1,060,067 | 6,921,250 | |||||||
| Restricted funds | |||||||||
| Fixed Asset Fund | 1,091,080 | (98,383) | 28,887 | 1,021,584 | |||||
| Training Fund Accessible Living Suite Fund Outdoor Area Fund |
145 | (145) 1,838 1,268 |
(799) | 1,039 1,268 |
|||||
| Minibus Masonic |
Fund Fund |
33,187 33,777 |
~28,088) | 33,187 5,689 |
|||||
| ~1091,225 | 28,458 | 1,062,767 | |||||||
| TOTAL | FUNDS | 6,952,408 | 1,031,609 | 7,984,017 |
| A current year as follows: |
12 mont | hs and prior year 12 mon |
ths combined net movement in |
funds, included i |
n the above ar |
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended 6 |
in funds f |
|||
| Unrestricted | funds | ||||
| General fund | 5,445,702 | (4,385,635) | 1,060,067 | ||
| Restricted funds | |||||
| Fixed Asset Fund | (98,383) | (98,383) | |||
| Training Fund |
4,150 | (4,295) | (145) | ||
| Accessible Living Suite |
Fund | 2,108 | (270) | 1,838 | |
| Musical Fund | 1,000 | (1,000) | |||
| Outdoor Area | Fund | 1,268 | 1,268 | ||
| Minibus Fund |
33,187 | 33,187 | |||
| Masonic Fund DCC Fund |
33,777 8,465 |
~8,465) | 33,777 | ||
| 83,955 | 112,413 | 28,458 | |||
| TOTAL FUNDS | 5,529,657 | 4,498,048 | 1,031,609 | ||
| Purposes of Restricted | Funds |
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| E | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies Membership |
98 | 458 | |
| Donations and grants Legacies |
78,368 7 |
23,137 51,186 |
|
| 78,473 | 74,781 | ||
| Other trading activities Fundraising events Rents received |
7111 7,197 |
2,399 7,058 |
|
| Courses | 3,655 | 580 | |
| 17,953 | 10,037 | ||
| Investment income |
|||
| Bank interest | 256 | 1,289 | |
| Charitable activities |
|||
| Vranch House School | 1,587,725 | 1,251,581 | |
| Vranch House Centre | 1,120,074 | 1,034,586 | |
| Assessment Centre |
157,750 | 155,725 | |
| Optech Other Charitable activities |
1,755 23,177 |
10,483 | |
| 2,890,481 | 2,452,375 | ||
| Other income | |||
| Other income | 4,000 | ||
| Total incoming resources |
2,987,1T5 | 2,542,482 | |
| EXPENDITURE | |||
| Raising donations Wages Society administration |
and legacies | 21,265 1,743 |
47,662 1,905 |
| Office costs Fundraising |
1,809 ~2377 |
1,275 1,063 |
|
| 27,194 | 51,905 | ||
| Charitable activities |
|||
| Wages Cleaning Health |
1,849,891 35,190 22,923 |
1,795,649 37,882 8,153 |
|
| Meals | 11,176 | 8,444 | |
| Office costs | 17,282 | 14,822 | |
| Optech | 578 | 7 | |
| Professional charges |
7,431 | 1,427 | |
| School costs | 28,168 | 12,061 | |
| Carried forward | 1,972,639 | 1,878,445 |
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| E | F | ||
| Charitable activities |
|||
| Brought forward | 1,972,639 | 1,878,445 | |
| Society admin | 16,074 | 16,424 | |
| Travel costs | 7,474 | 5,987 | |
| Establishment costs |
54,680 | 53,138 | |
| Grounds | 4,214 | 2,013 | |
| Plant and machineiy Loss on sale oftangible |
fixed assets | 188,659 315 |
178,125 |
| 2,244,056 | 2,134,132 | ||
| Other | |||
| Wages Professional charges Society admin Office costs |
7,272 10,540 13 130 |
9,509 13,157 13 127 |
|
| 17,955 | 22,806 | ||
| Total resources expended | 2,289,205 | 2,208,843 | |
| Net income | 697,970 | 333,639 |