| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | ||
| Trustees' report | 2-6 | ||
| Trustees' responsibilities statement |
|||
| Independent auditors' |
report | on the financial statements | &-11 |
| Statement offinancial | activities | 12 | |
| Balance sheet | 13-14 | ||
| Statement ofcash flows | 15 | ||
| Notes to the financial | statements | 16-34 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2022 | 2022 E |
2022 | 2021f | |
| Income from: | |||||
| Donations and legacies |
69,482 | 31,372 | 100,854 | 434,368 | |
| Charitabfe activities |
335,120 | 335,120 | 421,794 | ||
| Other trading activities |
56,532 | 56,532 | 44,964 | ||
| Other income | 184 | 184 | 1,595 | ||
| Total income | 461,318 | 31,372 | 492,690 | 902,719 | |
| Expenditure on: |
|||||
| Raising funds | 32,853 | 2,250 | 35,103 | 67,032 | |
| Charitable activities |
482,182 | 67,744 | 549,926 | 672,805 | |
| Total expenditure | 515,035 | 69,994 | 585,029 | 739,837 | |
| Net movement In funds |
(53,717) | (38,622) | (92,339) | 162,882 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward | 1,319,087 | 90,730 | 1,409,817 | 1,246,935 | |
| Net movement in funds |
(53,717) | (38,622) | (92,339) | 162,882 | |
| Total funds carried forward | 1,265,370 | 52,108 | 1,317,478 | 1,409,817 |
| Note | 2022f | 2021f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets | 1,714,269 | 1,730,556 | |||||
| 1,714,269 | 1,730,556 | ||||||
| Current assets | |||||||
| Debtors | 14 | 49,129 | 21,710 | ||||
| Cash at bank end in hand | 21 | 537,707 | 689,402 | ||||
| 586,836 | 711,112 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 15 | (100,049) | (115,206) | ||||
| Net current assets | 486,787 | 595,906 | |||||
| Total assets less current liabilities | 2,201,056 | 2,326,462 | |||||
| Creditors: amounts | falling due after more | ||||||
| than one year | 16 | (883,578) | (916,645) | ||||
| Net Assets | 1,317,478 | 1,409,817 | |||||
| Total net assets | 1,317,478 | 1,409,817 | |||||
| Charityfunds | |||||||
| Restricted funds | 17 | 52,108 | 90,730 | ||||
| Unresbicted funds |
|||||||
| Designated funds |
17 | 379,142 | 379,142 | ||||
| General funds | 17 | 886,228 | 939,945 | ||||
| Total unrestricted | funds | 17 | 1,265,370 | 1,319,087 | |||
| Total funds | 1,317,478 | 1,409,817 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | ||||
|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | |||||
| 2022 | 2021 | ||||
| F | |||||
| Cash flows from operating | activities | ||||
| Cash generated in operating |
activities | (120,222) | 240,053 | ||
| Cash flows from investing | activities | ||||
| Purchase of tangible fixed assets |
(4,000) | ||||
| Interest received | 184 | 1,595 | |||
| Net cash provided by/(used |
in) investing | activities | 184 | (2,405) | |
| Cash flows from financing | activities | ||||
| Repayments ofborrowing |
(31,657) | (159,604) | |||
| Net cash used In financing | activities | (31,657) | (159,604) | ||
| Change In cash and cash equivalents |
in the year | (151,695) | 76,044 | ||
| Cash and cash equivalents at the beginning |
ofthe year | 689,402 | 611,358 | ||
| Cash and cash equivalents | at the end | ofthe year | 537,707 | 689,402 | |
| The notes on pages 16to 34 | form part ofthese financial statements |
| Unrestricted | Restricted | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | ||||||
| Donations | and gifts | 55,156 | 31,372 | 86,528 | ||||
| Government | grants | 14,326 | 14,326 | |||||
| 69,482 | 31,372 | 100,854 | ||||||
| Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | ||||||
| 2021 | 2021 | 2021f | ||||||
| Donations | and gifts | 33,255 | 27T,T01 | 310,956 | ||||
| Government | grants | 123,410 | 123,410 | |||||
| 156,665 | 277,701 | 434,366 | ||||||
| 5. | Income from | charitable | activities | |||||
| Unrestricted | Total | |||||||
| funds | funds | |||||||
| 2022 | 2022 | |||||||
| E | ||||||||
| Training and | school income | 334,332 | 334,332 | |||||
| SNAP Enterprises | and outwork | 788 | 788 | |||||
| Total 2022 | 335,120 | 335,120 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021f | |||
| Training | and school income | 420,874 | 420,874 | |
| SNAP Enterprises | and outwork | 920 | 920 | |
| Total 2021 | 421,794 | 421,794 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| E | ||||
| Fundraising | events | 17,392 | 17,392 | |
| Facility hire | 39,140 | 39,140 | ||
| 56,532 | 56,532 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| Fundraising | events | 12,950 | 12,950 | |
| Facility hire | 32,014 | 32,014 | ||
| 44,964 | 44,964 | |||
| 7. | Other incoming resources | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2022 E |
2022 f |
|||
| Bank Interest | recieved | 184 | 184 | |
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021f | |||
| Bank Interest | recieved | 1,595 | 1,595 |
| Charitable | actlvfties |
|---|---|
| Charitable | activities |
| Unrestricted | Restricted | Total |
|---|---|---|
| funds | funds | funds |
| 2022f | 2022 E |
2022 |
| 482,182 | 67,744 | 549,926 |
| Unrestncted | Restr/cted | Total |
| funds | funds | funds |
| 2021 f |
2021 | 2021 |
| 457,737 | 215,068 | 672,805 |
| Actnnties | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2022f | 2022 E |
2022 | ||
| Charitable | activities | 539,558 | 10,368 | 549,926 |
| Activities | ||||
| undertaken | Support | Total | ||
| direcVy | costs | funds | ||
| 2021 | 2021 | 2021 | ||
| E | ||||
| Charitable | activities | 664,027 | 8,778 | 672,805 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2021 | |||
| Staff costs | 392,632 | 412,967 | ||
| Depreciation | 16,288 | 17,376 | ||
| Photocopier lease | 3,853 | 5,264 | ||
| Water | 1,065 | 482 | ||
| Light and heat | 12,758 | 13,173 | ||
| Repairs and maintenance | 31,369 | 90,713 | ||
| Insurance | 11,575 | 9,823 | ||
| Refuse and skip | hire | 3,090 | 2,668 | |
| Motor vehicle expenses | 1,056 | 1,732 | ||
| Other travel costs | /4 | |||
| Sundry expenseslsubscription | 3,881 | 4,076 | ||
| Legal and professional | expenses | 3,353 | 3,936 | |
| Telephone | 978 | |||
| Other office costs | 243 | 1,362 | ||
| Interest on bank | loans | 36,808 | 43,040 | |
| Other charitable | expenditure | 21,513 | 56,437 | |
| 539,558 | 664,027 |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| F | |||
| Legal and professional | expenses | 2,868 | 3,018 |
| Audit fees | 5,760 | 5,760 | |
| Accounting | 1,740 | ||
| 10,368 | 8,778 |
| Staffcosts | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and | salaries | 382,769 | 426,347 | |
| Social security costs | 25,615 | 27,887 | ||
| Contribution | to defined contribution | pension schemes | 13,429 | 14,973 |
| 421,813 | 469,207 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| No. | No. | ||||
| Charitable | activities | 14 | 16 | ||
| Costs ofgenerating | funds | 1 | 2 | ||
| Management | and administration | 7 | 5 | ||
| 22 | 23 |
| Long-term | ||||||
|---|---|---|---|---|---|---|
| Freehold | leasehold | Motor | Fixtures and | |||
| property | property | vehicles | . | fittings | Total | |
| f. | F | E | ||||
| Cost | ||||||
| At 1 April 2021 | 2,118,554 | 225,000 | 12,450 | 109,010 | 2,465,014 | |
| At 31 March 2022 | 2,118,554 | 225,000 | 12,450 | 109,010 | 2,465,014 | |
| Depreciation | ||||||
| At 1 April 2021 | 614,997 | 10,451 | 109,010 | 734,458 | ||
| Charge for the year | 14,288 | 1,999 | 16,287 | |||
| At 31 March 2022 | 629,285 | 12,450 | 109,010 | 750,745 | ||
| Net book value | ||||||
| At 31 March 2022 | 1,489,269 | 225,000 | 1,714,269 | |||
| At31March 2021 | 1,503,557 | 225,000 | 1,999 | 1,730,556 |
| 2022 | 2021 | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 13,518 | 10,980 | |
| Prepayrnents | and accrued income | 35,611 | 10,730 |
| 49,129 | 21,710 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | |||
| Bank loans | 33,069 | 31,659 | |
| Trade creditors | 10,112 | 8,121 | |
| Other taxatlon and social security | 7,642 | 6,984 | |
| Other creditors | 41,611 | 52,428 | |
| Accruals and deferred | income | 7,615 | 16,014 |
| 100,049 | 115,206 |
| 2022 | 2021 |
|---|---|
| 883,578 | 916,645 |
| Statement offund | s - curre | nt year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31March | |||||
| April 2021 f |
Income f. |
Expenditure E |
2022 E |
|||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Designated Funds |
- all funds | 379,142 | 379,142 | |||
| General funds | ||||||
| General Funds - all funds | 939,945 | 461,318 | (515,035) | 886,228 | ||
| Total Unrestricted | funds | 1,319,087 | 461,318 | (515,035) | 1,265,370 | |
| Restricted funds | ||||||
| MK Community Foundation |
26,286 | (9,805) | 16,481 | |||
| Eranda Rothschild | 15,000 | 15,000 | ||||
| MK Council | 1,515 | 9,877 | (11,392) | |||
| Garfield Weston | 15,000 | (15,000) | ||||
| National Lottery Community |
Fund | 4,450 | (4,450) | |||
| Rotary | 2,013 | (2,013) | ||||
| Rix-Thomas Rothenberg |
7,000 | (7,000) | ||||
| Wallace Bell | 2,000 | (2,000) | ||||
| Wolfson Foundation | 8,996 | (8,996) | ||||
| JW Memorial Donation |
8,470 | (5,214) | 3,256 | |||
| Draper Charitable | Fund | 10,000 | 10,000 | |||
| LSQ | 9,970 | (8,394) | 1,576 | |||
| TVP Community Fund |
975 | (180) | 795 | |||
| The Bally Thomas | Charitable | Fund | 5,000 | 5,000 | ||
| 90,730 | 31,372 | (69,994) | 52,108 |
| Balance at | |||||
|---|---|---|---|---|---|
| Balance at 1 | $1 March | ||||
| April 2021f | Income f |
Expenditure f |
2022f | ||
| Designated | fund s | 379,142 | 379,142 | ||
| General funds | 939,945 | 461,318 | (515,035) | 886,228 | |
| Restricted | funds | 90,730 | 31,372 | (69,994) | 52,108 |
| 1,409,817 | 492,690 | (585,029) | 1,317,478 |
| Analysis | ofn | et assets between funds - current | year | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2022f | 2022f | 2022 | |||
| Tangible | fixed | assets | 1,714,269 | 1,714,269 | |
| Current | assets | 534,728 | 52,108 | 586,836 | |
| Creditors | due | within one year | (100,049) | (100,049) | |
| Creditors | due | in more than one year | (883,578) | (883,578) | |
| Total | 1,265,370 | 52,108 | 1,317,478 |
| Reconciliation of |
net | movem | ent | in fun | ds | t | o net | cash flow | from operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021f | ||||||||||
| Net Income/expenditure |
for | the | year | (as | per | Statement | of Financial | ||||
| Activities) | (92,339) | 162,882 | |||||||||
| Adjustments for: |
|||||||||||
| Depreciation charges |
16,287 | 17,376 | |||||||||
| Dividends, interest |
and | rents from | investments | (184) | (1,595) | ||||||
| (Increase)/decrease | in | debtors | (27,419) | 15,381 | |||||||
| Increase/(decrease) | in | creditors | (16,567) | 46,009 | |||||||
| Net cash provided | by/(used | in) operating | activities | (120,222) | 240,053 |
| Analy | sis ofcash and cash equivalents | ||
|---|---|---|---|
| 2022f | 2021f | ||
| Cash | in hand | 537,707 | 689,402 |
| Total | cash and cash equivalents | 537,707 | 689,402 |
| At 1 April | At 31 March | |||
|---|---|---|---|---|
| 2021 | Cash flows | 2022 | ||
| f | E | |||
| Cash | at bank and in hand | 689,402 | (151,695) | 537,707 |
| Debt | due within 1 year |
(31,659) | (1,410) | (33,069) |
| Debt | due after 1 year | (916,645) | 33,067 | (883,578) |
| (258,902) | (120,038) | (378,940) |