#
#
##
|||||||'|||
|---|---|---|---|---|---|---|---|---|
|Trustees|and Directors||||M J Russell||(Chairperson)||
||||||J F Dyson||||
||||||J Laws||(Vice Chairperson)||
||||||A Connors||||
||||||R Powell||||
||||||W Conian||||
||||||*Trustee only||"SRTTrading|Limited|
|Director (SRTTrading|||only)||K Siddiqui
Charlick||||
|Secretary|(Charity)||||K Siddiqui
Charlick||||
|Chief Executive|||||K Siddiqui
Charlick||||
|Charity number|||||1004264||||
|Company|number|(Charity)|||2600844||||
|Subsidiary|undertaking||||SRTTrading
Limited||||
|Company|number|(Trading Company)|||0771543||||
|Principal|address|and|registered|office|Civic Centre||||
||||||161-163High Street||||
||||||Berkhamsted||||
||||||Hertfordshire
HP4||3HD||
|Auditor|||||Gowers
Limited||||
||||||The Old School|House|||
||||||Bridge Road||||
||||||Hunton
Bridge||||
||||||Kings Langley||||
||||||Hertfordshire
WD4||8SZ||
|Bankers|||||HSBC Bank pic||||
||||||181 High Street||||
||||||Berkhamsted||||
||||||Hertfordshire
HP4||3HQ||
||||||CAF Bank||||
||||||25 Kings
Hill Avenue||||
||||||West Mailing||||
||||||Kent ME194JQ||||
|Solicitors|||||Harrowell
&Atkins||||
||||||Boxwell House||||
||||||275 High Street||||
||||||Berkhamsted||||
||||||Hertfordshire
HP4||1BW||
##
##
##
|||Page||
|---|---|---|---|
|Trustees'
report||1-|6|
|Statement
oftrustees'|responsibilities|||
|independent
auditor's|report|8-|10|
|Statement
offinancial|activities|11-|12|
|Balance sheet||13||
|Statement
ofcash flows||14||
|Notes to the financial|statements|15 -|30|
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|COVID-19|COVID-19||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Following
the identification
internationally
of the Coronavirus||(COVID-19j in early 2020 and the measures||||||taken to respond|||to it,|it is|
|clear that the economy has been and continues
to be impacted,
Although||||this may
in turn impact the|||ongoing||results ofthe|charity,||it is|
|nonetheless
considered
that the Going Concern basis of the||preparation||of the financial
statements|||remains||appropriate.|The charity|||
|has|weathered
the pandemic
with creative and pragmatic
leadership
which|||will ensure our work can continue|||||in the future.||||
|Plans for the future|||||||||||||
|1|Training
and employment
opportunities
including:||||||||||||
||To increase our range ofservices and trainee
numbers||||||||||||
||To develop a further site, creating
more opportunities
for|our trainees|||||||||||
||To create more animal care projects for their therapeutic|benefit and||work opportunities|||||||||
||To ensure we maintain
our approved
providers
status
with HCC, which is due for re-tender||||||||||||
|2|Marketing
and publicity
including:||||||||||||
||Ensure the 'story' of SRT is captured
and widely told||||||||||||
||Apply for awards
to ensure we are recognised
for our work||||||||||||
||Better and more directed
marketing
oftrainee services||||||||||||
||Marketing
plan and action for each social enterprise
stream||||||||||||
|3|Environmental
sustainability
including:||||||||||||
||To create an Environmental
sustainability
strategy
that works towards|||a carbon|neutral|operating|position||||||
||To install renewable
energy sources across all our sites||||||||||||
||To implement
a central purchasing
policy centred
around|fair-trade,|zero waste||and local produce||||||||
|4|Financial sustainability
including:||||||||||||
||To develop a financia! strategy
to enable our work||||||||||||
||To ensure each site has an operating
budget
with associated targets||||||||||||
|5|Social Enterprise
including:||||||||||||
||Increase social enterprise
activity and revenue to provide|the charity||with independent||income to|further||our work||||
||To purchase
agricultural
land to further our perennial
business
and||horticultural||therapy|services|||||||
||Each social enterprise
strand
should
have a project plan|with a budget and targets|||||||||||
|6|Human Resources:||||||||||||
||To maintain
our gold standard
IIP||||||||||||
||Contract review for all staff to ensure everyone
is working|towards|the long term success ofSRT||||||||||
|7|Health
&Safety||||||||||||
||To ensure we maintain
our high standards
in Health
&Safety||||||||||||
||To ensure data protection
legislation
is adhered
to and we protect||our stakeholders||||||||||
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|Current Year||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|Total Funds|Total Funds|
|||||E|E|f|E|
|~lncomin
from:||||||||
|Donations||||54,676||54,676|195,025|
|income from charitable|activities:|||||||
|Day training
and employment||||896,343|192,688|1,089,031|982,920|
|income from other trading||activities:||||||
|Fundraising
activities|||||||10|
|Trading
activities||||64,944||64,944|45,672|
|Investment
income||||4,518||4,518|4,628|
|Total income||||1,020,481|192,688|1,213,169|1,228,255|
|~Ex endiiore on:||||||||
|Costs ofraising funds:||||||||
|Fundraising
activities||||3,601|164|3,765|2,249|
|Expenditure
on charitable||activities:||||||
|Day training
and employment|||10|915,027|197,987|1,113,014|1,010,576|
|Total expenditure||||918,628|198,151|1,116,779|1,012,825|
|Net incoming/(outgoing)||resources before||||||
|transfers||||101,853|(5,463)|96,390|215,430|
|Gross transfers
between||funds||502|(502)|||
|Net income/(expenditure)||for the year/||||||
|Net movement
in funds||||102,355|(5,965)|96,390|215,430|
|Funds balances at 01 April 2021||||1,185,468|184,550|1,370,018|1,154,588|
|Funds balances at 31 March 2022||||1,287,823|178,585|1,466,408|1,370,018|
##
##
|FOR THE YEAR EN|DE|D 31MARCH 202|1||||
|---|---|---|---|---|---|---|
|Prior Year||||Unrestricted|Restricted|2021|
||||Notes|Funds|Funds|Total Funds|
|||||E|E|E|
|~lncomin
from:|||||||
|Donations||||195,025||195,025|
|Income from charitable
activities:|||||||
|Day training
and employment||||897,402|85,518|982,920|
|Income from other trading|activities:||||||
|Fundraising
activities||||10||10|
|Trading
activities||||45,672||45,672|
|Investment
income||||4,628||4,628|
|Total income||||1,142,737|85,518|1,228,255|
|Ex enditure on:|||||||
|Costs ofraising funds:|||||||
|Fundraising
activities||||1,269|980|2,249|
|Expenditure
on charitable|activities:||||||
|Day training
and employment|||10|835,520|175,056|1,010,576|
|Total expenditure||||836,789|176,036|1,012,825|
|Net incomingl(outgoing)|resources before||||||
|transfers||||305,948|(90,518)|215,430|
|Gross transfers
between|funds|||2,085|(2,085)||
|Net income/(expenditure)||for the year/|||||
|Net movement
in funds||||308,033|(92,603)|215,430|
|Funds balances at 01 April||2020||877,435|277,153|1,154,588|
|Funds balances at 31 March 2021||||1,185,468|184,550|1,370,018|
##
##
|||||||Group|Charity|Group|Charity|
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|2022|2022|2021|2021|
|Fixed assets||||||||||
|Tangible assets|||||15|446,737|394,124|480,374|434,664|
|Fixed Asset Investments|||||16||1||1|
|||||||446,737|394,125|480,374|434,665|
|Current assets||||||||||
|Stock|||||18|33,199||44,325||
|Debtors|||||19|122,845|211,783|87,056|177,819|
|Cash at bank and|in|hand||||918,514|799,257|823,255|723,562|
|||||||1,074,558|1,011,040|954,636|901,381|
|Creditors: amounts||falling|due within|one year||(54,887)|(32,358)|(64,992)|(28,798)|
|Net current assets||||||1,019,671|978,682|889,644|872,583|
|Total assets less|current||liabilities|||1,466,408|1,372,807|1,370,018|1,307,248|
|Income funds||||||||||
|Restricted
funds|||||21|178,585|154,170|184,550|157,920|
|Unrestricted
funds||||||||||
|Designated
funds|||||22|1,100,799|1,100,799|914,928|914,928|
|Other unrestricted|funds|||||187,024|117,838|270,540|234,400|
|||||||1,466,408|1,372,807|1,370,018|1,307,248|
##
##
||||||Notes|2022|2021|
|---|---|---|---|---|---|---|---|
|Cash flows from operating
activities||||||||
|Cash generated
from operations|||||28|105,727|268,173|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets||||15|(14,990)|(60,195)|
|Proceeds|on disposal of tangible|fixed assets|||||6,046|
|Interest received||||||4,518|4,730|
|Net cash|generated
from/(used|in) investing||activities||(10,472)|(49,419)|
|Net cash|used in financing
activities|||||||
|Net increase
in cash and cash||equivalents||||95,255|218,754|
|Cash and|cash equivalents
at beginning||ofyear|||823,259|604,501|
|Cash and|cash equivalents
at end of||year|||918,514|823,255|
##
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##
|OR|THE YEAR|ENDED 3|1MARCH 2022|||||
|---|---|---|---|---|---|---|---|
|3|Donations|||Unrestricted|Restricted|||
|||||Funds|Funds|2022|2021|
||||||f.|f||
||Donations
and gifts|||36,977||36,977|63,995|
||Covid-19 grant income|||17,699||17,699|131,030|
|||||54,676||54,676|195,025|
||For the year|ended 31 March 2021||195,025||195,025||
||Covid-1 9 grant income|||||||
||Dacorum
Borough Council||||||25,000|
||Hertfordshire|County
Council||||16,115|105,238|
||Central
Bedfordshire
Council|||||1,584|792|
|||||||17,699|131,030|
|4|Day training|and employment||Unrestricted|Restricted|||
|||||Funds|Funds|2022|2021|
|||||||K|E|
||Training fees|and sponsorship||877,178||877,178|785,457|
||Client food income|||4,029||4,029|2,244|
||Performance|related
grants||15,136|192,688|207,824|195,219|
|||||896,343|192,688|1,089,031|982,920|
||For the year|ended 31 March 2021||897,402|85,518|982,920||
||Performance|related grants||||||
||Big Lottery Fund/European||Social Fund|||104,111|94,901|
||Good Things|Foundation||||17,700||
||Dacorum
Economic Recovery Fund|||||28,300||
||Fresh Leaf Charitable
Foundation|||||9,303||
||HSBC||||||25,000|
||Hertfordshire|County
Council||||1,000|24,800|
||Hertfordshire|Community|Foundation|||29,471|12,000|
||NHS||||||9,620|
||The Edward|Gostling
Foundation.|||||5,000|
||Aviva||||||4,172|
||Calor Gas||||||4,277|
||Dacorum
Borough Council||||||3,000|
||Age UK Decorum|||||10,000||
||Other|||||7,939|12,449|
|||||||207,824|195,219|
##
##
|10|Day training
and employment|Day training
and employment|Day training
and employment||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Funds|Funds|2022|2021|
|||||||||||f|f|E|
||Staff costs||||||||723,533|123,644|847,177|786,488|
||Depreciation
and impairment||||||||33,194|7,346|40,540|29,634|
||Other staff costs||||||||10,096|525|10,621|1,380|
||Direct project costs||||||||46,310|1,091|47,401|66,598|
||Premises costs||||||||12,435||12,435|12,241|
||Insurance
costs||||||||6,494||6,494|7,094|
||Site and maintenance
costs||||||||23,929|56,340|80,269|50,523|
||Office costs||||||||7,796|151|7,947|6,152|
||Computer
costs||||||||1,924|4,871|6,795|4,489|
||Transport
and travel||||||||35,240|3,955|39,195|20,468|
||General expenses||||||||4,473|64|4,537|2,669|
||Legal and professional||costs||||||9,861||9,861|10,538|
||Bank charges and other||finance||costs||||396||396|339|
||Bad and doubtful
debts||||||||(5,670)||(5,670)|6,738|
||Governance
costs||||||||5,016||5,016|5,225|
||||||||||915,027|197,987|1,113,014|1,010,576|
||For the year ended 31|March 2021|||||||835,520|175,056|1,010,576||
||Governance
costs comprise:||||||||Unrestricted|Restricted|||
||||||||||Funds|Funds|2022|2021|
|||||||||||f|f|E|
||Auditors fees||||||||2,700||2,700|5,173|
||Accountancy fees||||||||2,220||2,220||
||Trustee meeting
expenses||||||||96||96|52|
||||||||||5,016||5,016|5,225|
||For the year ended 31|March 2021|||||||5,225||5,225||
||Net movement
in funds||||||||||2022|2021|
|||||||||||||E|
||Net movement
in funds||is stated||after|charging/(crediting)|||||||
||Depreciation
of owned|tangible||fixed assets|||||||48,627|37,907|
|12|Auditor's
remuneration||||||||||||
||The analysis ofauditor's||remuneration|||is|as|follows:|||2022|2021|
||Fees payable to the charitable||||company's|||auditors|and associates:|||E|
||Audit ofthe charitable|company's|||annual||accounts||||2,700|5,173|
##
##
##
|OR|THE YEAR ENDED 31M|ARCH 2022|||||
|---|---|---|---|---|---|---|
|15|Tangible assets|Leasehold
Property|Plant and
Machinery|Fixtures,
Fittings and
Computers|Motor Vehicles|Total|
||Group and Charity|||f|||
||Cost||||||
||At 01 April 2021|698,449|158,254|110,161|174,373|1,141,237|
||Additions||||14,990|14,990|
||At 31 March 2022|698,449|158,254|110,161|189363|1 156227|
||Depreciation||||||
||At 01 April 2021|284,695|153,307|104,754|118,107|660,863|
||Charge for the year|27,582|2,576|2,585|15,884|48,627|
||At 31 March 2022|312,277|155,883|107,339|133,991|709,490|
||Net book value||||||
||At 31 March 2022|386,172|2,371|2,822|55,372|446,737|
||At 31 March 2021|413,754|4,947|5,407|56,266|480,374|
|||||Fixtures,|||
||Charity|Leasehold
Property|Plant and
Machinery|Fittings and
Computers|Motor Vehicles
f|Total|
||Cost||||||
||At 01 April 2021|647,727|65,784|74,834|125,545|913,890|
||Additions||||||
||At 31 March 2022|647,727|65,784|74,834|125,545|913,890|
||Depreciation||||||
||At 01 April 2021|265,844|61,570|71,267|80,545|479,226|
||Charge for the year|25,046|2,408|1,836|11,250|40,540|
||At 31 March 2022|290,890|63,978|73,103|91,795|519,766|
||Net book value||||||
||At 31 March 2022|356,837|1,806|1,731|33,750|394,124|
||At 31 March 2021|381,883|4,214|3,567|45,000|434,664|
##
|5|Fundraising|activities||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|2022|2021|
||Fundraising|events|||||||10|
||For the year|ended 31 March||2021||10||10||
|6|Trading
activities|||||Unrestricted|Restricted|||
|||||||Funds|Funds|2022|2021|
||Surplus/(deficit)
from trading|||activities (see note 27)||64,944||64,944|45,672|
||For the year|ended 31 March||2021||45,672||45,672||
|7|Investment|income||||Unrestricted|Restricted|||
|||||||Funds|Funds|2022|2021|
||||||||K||E|
||interest receivable|||||4,518||4,518|4,628|
||For the year|ended 31 March||2021||4,628||4,628||
|8|Expenditure||||Staff|Premises|Other|2022|2021|
||||||Costs (R)|Costs (6)|Costs (K)||E|
||Expenditure|an raising funds:||||||||
||Fundraising|activities|||||3,765|3,765|2,249|
||Expenditure|an charitable|activities,|||||||
||Day training
and employment||||847,177|12,435|253,402|1,113,014|1,010,576|
||Total expenditure||||847,177|12,435|257,167|1,116,779|1,012,825|
|9|Fundraising|activities||||Unrestricted|Restricted|||
|||||||Funds|Funds|2022|2021|
||||||||E|||
||Fundraisin|activities||||||||
||Other fundraising
costs|||||3,601|164|3,765|2,249|
||For the year|ended 31 March||2021||1,269|980|2,249||
##
##
##
|Employees|Employees||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Number ofemployees|||||||||||
|The average
monthly|number|||of employees||during|the|year was:|2022|2021|
||||||||||Number|Number|
|Direct charitable
and|support|||staff|||||45|40|
|Office and management||staff|||||||5|5|
||||||||||50|45|
|Employment
Costs|||||||||2022|2021|
||||||||||f||
|Wages and salaries|||||||||765,236|712,865|
|Social security costs|||||||||60,641|54,101|
|Other pension costs|||||||||21,300|19,522|
||||||||||847,17?|786,488|
|The number ofemployees|||whose annual||remuneration|||was 660,000 or more were:|||
||||||||||2022|2021|
|E?5,001 - f80,000|||||||||||
##
##
##
|Financial|instruments|instruments|||Group||Charity||
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
||||||E|E|||
|Carrying|amount|offinancial|assets||||||
|Debt instruments||measured
at|amortised|cost|111,830|77,091|90,565|57,316|
|Carrying|amount|offinancial|liabilities||||||
|Measured|at amortised
cost||||35,598|48,760|17,477|14,778|
|Financial|assets|measured
at amortised||cost compnse|trade and other debtors||||
##
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|18|Stock|||||Group||Charity||
|||||||2022|2021|2022|2021|
||||||||||f|
||Finished|goods for|||resale|33,199|44,325|||
|||||||33,199|44,325|||
|19|Debtors|||||Group||Charity||
|||||||2022|2021|2022|2021|
|||||||||f|E|
||Trade debtors|||||89,814|56,293|68,549|36,518|
||Amounts|owed||by group undertakings||||115,198|114,861|
||Other debtors|||||22,016|20,798|22,016|20,798|
||Prepayments||and accrued income|||11,015|9,965|6,020|5,642|
|||||||122,845|87,056|211,783|177,819|
|20|Creditors: amounts||||falling due within one year|Group||Charity||
|||||||2022|2021|2022|2021|
||||||||f.|||
||Trade creditors|||||15,612|31,813|6,425|5,568|
||Other taxation|||and social security||19,289|16,232|14,881|14,020|
||Other creditors|||||4,530|3,845|3,048|2,360|
||Accruals|||||15,456|13,102|8,004|6,850|
|||||||54,887|64,992|32,358|28,798|
##
##
|21|Restricted Funds||At 01 April||||At 31 March|
|---|---|---|---|---|---|---|---|
||Group and charity||2021
f|Income
f|Expenditure|Transfers
f|2022
f|
||SEIF - Northchurch||39,682||(3,958)||35,724|
||Hemel Food Garden Cafe Fund||39,555||(2,511)||37,044|
||A Community
Hub for People,|||||||
||Animals
and the Environment|at||||||
||Northchurch||10,009|1,843|(8,248)||3,604|
||Building Better Opportunities|||88,975|(90,688)|1,713||
||Serge Hill Orchard Project||37,190||(37,190)|||
||Activities Centre Kitchen|||||||
||Tesco projects||2,280||(1,791)||489|
||Hemel Food Garden - Bakery||10,617||(7,305)||3312|
||Dacorum
Economic Recovery|||||||
||Fund|||28,300|||28,300|
||Good Things Foundation
Grant|||17,700|(5,156)||12,544|
||Community
Garden Project|||10,000|(10,000)|||
||Afghanistan
Women
Grant|||9,200|(525)||8,675|
||Community
Opportunity
and Day|||||||
||Activity|||10,272|||10,272|
||Fresh Leaf Charitable
Foundation|||||||
||Grant|||9,303|(9,211)||92|
||ADS Grant|||5,000|(1,500)||3,500|
||Northchurch
Environmental|||4,999|||4,999|
||Other funds||18,587|7,096|(20,068)||5,615|
||Capital Grant Reserve||26,630|||(2,215)|24,415|
||||184,550|192,688|(198,151)|(502)|178,585|
||||At 01 April||||At 31 March|
||Group and charity||2020|Income|Expenditure
f|Transfers|2021
f|
||SEIF - Northchurch||43,638||(3,956)||39,682|
||Hemel Food Garden Cafe Fund||42,067||(2,512)||39,555|
||A Community
Hub for People,|||||||
||Animals
and the Environment|at||16,850|(6,841)||10,009|
||Building Better Opportunities||2,628|94,901|(98,016)|487||
||Serge
Hill Orchard
Project||40,390||(3,200)||37,190|
||Tesco projects||1,186|7,800|(6,706)||2,280|
||Hemel Food Garden
- Bakery|||33,172|(22,555)||10,617|
||Other funds||3,619|27,696|(12,728)||18,587|
||Capital Grant Reserve||29,202|||(2,572)|26,630|
||||162,730|180,419|(156,514)|(2,085)|184,550|
##
##
|Restricted Funds|Restricted Funds|(cont'd)||At 01 April||||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||2021|Income|Expenditure|Transfers|2022|
|Charity||||E|||f|E|
|SEIF - Northchurch||||39,682||(3,958)||35,724|
|Hemel Food|Garden
Cafe Fund|||39,555||(2,511)||37,044|
|A Community|Hub for People,||||||||
|Animals
and|the Environment||at||||||
|Northchurch||||10,009|1,843|(8,248)||3,604|
|Building Better Opportunities|||||88,975|(90,688)|1,713||
|Serge Hill Orchard||Project||37,190||(37,190)|||
|Tesco projects||||2,280||(1,791)||489|
|Hemel Food|Garden-
Bakery|||10,617||(7,305)||3312|
|Decorum
Economic||Recovery|||||||
|Fund|||||28,300|||28,300|
|Good Things|Foundation
Grant||||17,700|(5,156)||12,544|
|Community|Garden|Project|||10,000|(10,000)|||
|Afghanistan|Women|Grant|||9,200|(525)||8,675|
|Community|Opportunity
and Day||||||||
|Activity|||||10,272|||10,272|
|Fresh Leaf Charitable
Foundation|||||||||
|Grant|||||9,303|(9,211)||92|
|ADS Grant|||||5,000|(1,500)||3,500|
|Northchurch|Environmental||||4,999|||4,999|
|Other funds||||18,587|7,096|(20,068)||5,615|
|||||157,920|192,688|(198,151)|1,713|154,170|
|||||At 01 April||||At 31 March|
|||||2020|Income|Expenditure|Transfers|2021|
|Charity|||||||||
|SEIF - Northchurch||||43,638||(3,956)||39,682|
|Hemel Food|Garden|Cafe Fund||42,067||(2,512)||39,555|
|A Community|Hub for People,||||||||
|Animals
and|the Environment||at||||||
|Northchurch|||||16,850|(6,841)||10,009|
|Building Better Opportunities||||2,628|94,901|(98,016)|487||
|Serge Hill Orchard Project||||40,390||(3,200)||37,190|
|Tesco projects||||1,186|7,800|(6,706)||2,280|
|Hemel Food|Garden|- Bakery|||33,172|(22,555)||10,617|
|Other funds||||3,619|27,696|(12,728)||18,587|
|||||133,528|180,419|(156,514)|487|157,920|
##
##
##
##
|22|Designated|Designated|Funds|At 01 April||||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||2021|Income|Expenditure|Transfers|2022|
||Group|and|charity|f|||f||
||Running|Costs Reserve||400,000|||200,000|600,000|
||Community||Hub at Northchurch|264,928||(14,129)||250,799|
||Development||Fund|250,000||||250,000|
|||||914,928||(14,129)|200,000|1,100,799|
|||||At 01 April||||At 31 March|
|||||2020|Income|Expenditure|Transfers|2021|
||Group|and|charity|f|f||||
||Running|Costs Reserve||400,000||||400,000|
||Community||Hub at Northchurch|279,057||(14,129)||264,928|
||Development||Fund||||250,000|250,000|
|||||679,057||(14,129)|250,000|914,928|
##
##
|23|Analysis|ofnet assets between|funds||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2022|
||Group and charity|||||f||
||Fund balances at 31 March 2022||are represented|by:||||
||Tangible|assets|||345,950|100,787|446,737|
||Current|assets/(liabilities)|||1,010,255|9,416|1,019,671|
||||||1,356,205|110,203|1,466,408|
||||||Unrestricted|Restricted||
||||||Funds|Funds|2021|
||Group and charity|||||||
||Fund balances at 31 March 2021||are represented|by:||||
||Tangible|assets|||364,397|115,977|480,374|
||Current|assets/(liabilities)|||858,261|31,383|889,644|
||||||1,222,658|147,360|1,370,018|
||||||Unrestricted|Restricted||
||||||Funds|Funds|2022|
||Charity|||||||
||Fund balances at 31 March 2022||are represented|by:||||
||Tangible|assets|||314,079|80,045|394,124|
||Fixed Asset Investments||||1||1|
||Current|assets/(liabilities)|||972,939|5,743|978,682|
||||||1,287,019|85,788|1,372,807|
||||||Unrestricted|Restricted||
||||||Funds|Funds|2021|
||Charity||||||f|
||Fund balances at 31 March 2021||are represented|by:||||
||Tangible|assets|||341,745|92,919|434,664|
||Fixed Asset Investments||||1||1|
||Current|assets/(liabilities)|||844,772|27,811|872,583|
||||||1,186,518|120,730|1,307,248|
##
##
|25|Related party transactions|||||
|---|---|---|---|---|---|
||Remuneration
of key management|personnel||||
||The remuneration
of key management|personnel|is as follows:|2022|2021|
|||||Z||
||Aggregate
compensation|||292,574|276,630|
##
##
|cancellable
operatin|cancellable
operatin|g
le|ases,|which|fall due|as follow|s:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Group and charity||||||||Land|and buildings|||Other||
|||||||||2022||2021||2022|2021|
|||||||||||E|||E|
|Expiry date:||||||||||||||
|In over tive years||||||||1,800||1,800||1,800|1,800|
|||||||||1,800||1,800||1,800|1,800|
|Subsidiaries||||||||||||||
|The wholly
owned||subsidiary,||SRT|Trading|Limited,|is incorporated||in the United|Kingdom|(company|number|07771543) and|
|pays all of its|taxable surpluses|||to the parent||charitable||company as a donation.||||||
|The summary|financial||performance||ofthe subsidiary|||alone is:||||2022|2021|
||||||||||||||E|
|Turnover|||||||||||317,213||230,138|
|Cost ofsales|||||||||||113,852||74,305|
|Gross profit|||||||||||203,361||155,833|
|Administrative|expenses||||||||||148,178||113,064|
|Other operating
income||||||||||||9,761|2,852|
|Interest receivable||and|similar|income|||||||||51|
|Profit on ordinary||activities||before taxation|||||||64,944||45,672|
|Tax on profit||||||||||||||
|Profit on ordinary||activities||after taxation|||||||64,944||45,672|
|Distributions|to parent charity|||under|gift aid||||||34,113||79,265|
##
##
##
||The assets and liabilities
ofthe|subsidiary|subsidiary|subsidiary|were:|were:||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||Tangible fixed assets|||||||52,612|45,711|
||Current assets|||||||178,718|168,113|
||Current
liabilities|||||||(137,729)|(151,054)|
||Total net assets|||||||93,601|62,770|
||Reserves brought
forward|||||||62,770|96,363|
||Profit on ordinary
activities after|taxation||||||64,944|45,672|
||Distributions
to parent charity under|||gift aid||||(34,113)|(79,265)|
||Reserves carried forward|||||||93,601|62,770|
|28|Cash generated
from operations|||||||2022|2021|
||Group and charity||||||||F|
||Surplus/(Deficit)
for the year|||||||96,390|215,425|
||Adjustments
for:|||||||||
||Investment
income recognised|in|statement|||offinancial|activities|(4,518)|(4,730)|
||(Gain)/loss
on disposal oftangible||fixed||assets||||(6,046)|
||Depreciation
and irnpairrnent
oftangible||||fixed assets|||48,627|37,907|
||Movements
in working
capital:|||||||||
||Decrease/(increase)
in stock|||||||11,126|(16,584)|
||Decrease/(increase)
in debtors|||||||(35,789)|55,529|
||(Decrease)/increase
in creditors|||||||(10,109)|(13,328)|
||Cash (absorbed
by)/generated||from operations|||||105,727|268,173|
|||||||||2022|2021|
||Charity|||||||||
||Surplus/(Deficit)
for the year|||||||65,559|249,018|
||Adjustments
for:|||||||||
||Investment
income recognised|in|statement|||offinancial|activities|(4,518)|(4,679)|
||Depreciation
and impairment
oftangible||||fixed assets|||40,540|29,635|
||Movements
in working
capital:|||||||||
||Decrease/(increase)
in debtors|||||||(33,964)|10,463|
||(Decrease)/increase
in creditors|||||||3,560|(20,658)|
||Cash (absorbed
by)/generated||from operations|||||71,177|263,779|