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2023-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 14
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	16to 19
Statement ofFinancial	Activities	20 to 21
Balance Sheet		22
Statement ofCash Flows		23
Notes to the Financial	Statements	24 to 34

		Re	ference and Admini	ference and Admini
Trustees			SCLedbetter
			TFazal
			H LAllen-Robson
			A Abbas
			S Shah
			M T Sidat
Secretary			JG Hodgkinson
Chief Executive Officer			JG Hodgkinson
Charity Registration		Number	1008190
Company	Registration	Number	02668971
Registered	Office		Boulevard	Centre
			Cathedral	Quarter
			Blackburn
			BB11EZ
Auditor			KM
			1stFloor, Block C
			The Wharf
			Manchester	Road
			Bumley
			Lancashire
			BB111JG
Bankers			Barclays Bank pic
			72/78 StJames Street
			Burnley
			Lancashire
			BB111NH

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		Balance Sheet as at 31	March 2023
				2023	2022
			Note
Fixed assets
Tangible assets			15	1,000,000	1,935,387
Current assets
Debtors			16	541,955	775,948
Cash at bank	and in hand			596,375	22,424
				1,138,330	798,372
Creditors: Amounts		falling due within one year	17	(221,513)	(193,915)
Net current	assets			916,817	604,457
Total assets	less current liabilities			1,916,817	2,539,844
Creditors: Amounts		falling due after more than one year	18	(480,180)	(498,982)
Net assets				1,436,637	2,040,862
Funds ofthe	charity:
Restricted income funds
Restricted funds				442,876	1,455,165
Unrestricted	income	funds
Unrestricted	funds			993,761	585,697
Total funds			19	1,436,637	2,040,862

			2023	2022
		Note
Cash flows from operating activities
Net cash (expenditure)/income			(604,225)	94,434
Adjustments to cash flows from non-cash	items
Depreciation			(533,221)	49,997
Investment income			(40)	(257)
Revaluation ofland and buildings			1,468,608
			331,122	144,174
Working capital adjustments
Decrease/(increase) in debtors		16	233,993	(400,281)
Increase in creditors		17	27,598	130,487
Net cash flows from operating activities			592,713	(125,620)
Cash flows from investing activities
Interest receivable and similar income			40	257
Cash flows from financing activities
Repayment ofloans and borrowings		17	(18,802)	(22,330)
Net increase/(decrease) in cash and cash equivalents			573,951	(147,693)
Cash and cash equivalents at I April			22,424	170,117
Cash and cash equivalents at 31March			596,375	22,424

4 Income	from		charitabl	e ac	tivities
					Unrestricted
					funds	Restricted		Total	Total
					General	funds		2023	2022
									f.
Charitable	activities				642,007	1,276,636		1,918,643	1,394,750
5 Investment		income
						Unrestricted
						funds		Total	Total
						General		2023	2022
Interest receivable			on bank	deposits			40	40	257
6 Other income
						Unrestricted
						funds		Total	Total
						General		2023	2022
Fees and supplies							8,202	8,202	10,649
Rental income							93,980	93,980	79,683
							102,182	102,182	90,332
7 Expenditure			on charitable		activities
					Unrestricted	funds	Restricted	Total	Total
					Designated	General	funds	2023	2022
				Note
Depreciation,
amortisation	and		other
similar costs							43,220	43,220
Grant funding of
activities							62,641	62,641	88,341
Staff costs						322,495	694,599	1,017,094	885,904
Governance	costs				24,941	5,818		30,759	10,136
					24,941	328,313	800,460	1,153,714	984,381

8	Other	expenditure
			Restricted	Total
			funds	2023
Impairment		offreehold building	1,002,571	1,002,571
			1,002,571	1,002,571

				Unrestricted	funds	Total	Total
				Designated	General	2023	2022
Audit fees
Audit ofthe financial			statements		5,818	5,818	3,000
Other governance		costs		24,941		24,941
Allocated	support	costs					7,136
				24,941	5,818	30,759	10,136

2023	2022
5,818	3,000

The aggregate payr	oll costs were as follows:
		2023	2022
Staff costs during	the year were:
Wages and salaries		884,240	777,865
Social security costs		78,779	61,140
Pension costs		54,075	45,774
		1,017,094	884,779

2023		2022
No		No
	54		42

13 Auditors'	remuneration
Audit ofthe	financial statements

2023	2022
5,818	3,000

15 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 April 2022	2,468,608	195,741	2,664,349
Revaluations	(1,468,608)		(1,468,608)
At 31 March 2023	1,000,000	195,741	1,195,741
Depreciation
At 1 April 2022	533,846	195,116	728,962
Charge for the year	(533,846)	625	(533,221)
At 31 March 2023		195,741	195,741
Net book value
At 31March 2023	1,000,000		1,000,000
At 31March 2022	1,934,762	625	1,935,387
16 Debtors
		2023	2022
			K
Trade debtors		72,970	90,733
Prepayments		10,926	5,840
Accrued income		458,059	679,375
		541,955	775,948

17 Creditors:	amounts falling due within one year
		2023	2022
Bank loans		24,000	24,000
Trade creditors		61,682	46,983
Other taxation	and social security	7,656	24,537
Other creditors			241
Accruals		128,175	98,154
		221,513	193,915

Creditors	due within	due within	one	year includes	the	following	liabilities,	on which security has been given by	on which security has been given by	on which security has been given by	the charity:	the charity:
									2023		2022
Bank loan	- Barclays		Bank						24,000		24,000
The bank	loan is	secured		on the properties		owned by	the charity.
18 Creditors: amounts				falling due after		one year
									2023		2022
Bank loans									480,180		498,982
Creditors	amounts	falling		due after more		than one year includes		the following	liabilities,	on which	security	has
been given by the		charity:
									2023		2022
											f.
Bank loan	- Barclays		Bank						480,180		498,982

19 Funds
		Balance at				Other	Balance at
		1 April	Incoming	Resources		recognised	31March
		2022	resources	expended	Transfers	gains/(losses)	2023
				K
Unrestricted funds
General
General Funds		277,738	744,370	(520,010)	92,879		594,977
Designated
Fixed assets		131,103		(31,714)	(99,389)
Strategic Investment
Fund		66,856			34,580		101,436
Business continuity		100,000			30,170		130,170
Buildings fund		10,000			40,000		50,000
Revaluation reserve						117,178	117,178
		307,959		(31,714)	5,361	117,178	398,784
Total unrestricted	funds	585,697	744,370	(551,724)	98,240	117,178	993,761
Restricted funds
Fixed assets		1,281,302		(1,045,791)	143,131		378,642
BigLocal Trust		2,363	(2,363)
ESF —Action for	Jobs		603,666	(396,258)	(207,408)
ESF —Upskilling		105,126	685,995	(685,995)	(40,892)		64,234
Brian Mercer Charitable
Trust		66,374	(10,662)	(62,641)	6,929
		1,455,165	1,276,636	(2,190,685)	(98,240)		442,876
Total funds		2,040,862	2,021,006	(2,742,409)		117,178	1,436,637

								Balance at
				Balance at 1	Incoming	Resources		31March
				April 2021	resources	expended	Transfers	2022
Unrestricted funds
General
General Funds				392,453	544,825	(468,437)	(191,103)	277,738
Designated
Fixed assets							131,103	131,103
Match funding	projects			66,856				66,856
Business continuity				40,000			60,000	100,000
Boulevard centre				10,000				10,000
				116,856			191,103	307,959
Total unrestricted		funds		509,309	544,825	(468,437)		585,697
Restricted funds
Buildings				1,348,866		(67,564)		1,281,302
BigLocal Trust				2,363				2,363
ESF —Action for		Jobs			263,588	(263,588)
ESF —Upskilling					670,775	(565,649)		105,126
Brian Mercer Charitable
Trust				72,805		(6,431)		66,374
Eric Wright Charitable			Trust	13,085		(13,085)
Small grants					9,993	(9,993)
				1,437,119	944,356	(926,310)		1,455,165
Total funds				1,946,428	1,489,181	(1,394,747)		2,040,862

20 Analysis of	net assets betwe	en funds
					Total funds at
		Unrestricted	funds	Restricted	31March
		General	Designated	funds	2023
			K
Tangible fixed	assets		400,000	600,000	1,000,000
Current assets		636,961	281,606	219,763	1,138,330
Current liabilities		(41,983)	(24,000)	(155,530)	(221,513)
Creditors over	1 year		(258,822)	(221,358)	(480,180)
Total net assets		594,978	398,784	442,875	1,436,637
					Total funds at
		Unrestricted	funds	Restricted	31March
		General	Designated	funds	2022
Tangible fixed	assets		654,085	1,281,302	1,935,387
Current assets		350,732	176,856	270,784	798„372
Current liabilities		(169,915)	(24,000)		(193,915)
Creditors over	1 year		(498,982)		(498,982)
Total net assets		180,817	307,959	1,552,086	2,040,862