| Page | ||
|---|---|---|
| Report ofthe Trustees | 1-5 | |
| Reference and Administrative Details |
||
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Cash Flow Statement | ||
| Notes to the Financial Statements | 11-18 |
| Referenc | e and ad | e and ad | ministrative details |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Forthe | earended | 31Au ust2022 | |||||||
| Company | number | 2844191 | |||||||
| Charity | number | 1025787 | |||||||
| Registered | office | and operational | 2a Princes Road | ||||||
| address | Clevedon | ||||||||
| North Somerset | |||||||||
| BS217SZ | |||||||||
| Trustees | Trustees, who are |
also | directors | under company | law, | ||||
| who served during | the | year | and | up to the date of this | |||||
| report were as follows: | |||||||||
| Elizabeth Manning |
-Chair | ||||||||
| Peter O'Duffy -Treasurer | |||||||||
| Diane Scarborough | |||||||||
| Jenie Eastman - appointed | 19/07/21 | ||||||||
| Chris Roberts - appointed | 13/09/21 | ||||||||
| Anthony Keyworth |
- appointed | 16/11/21 | |||||||
| Simon Vincent | ) co-opted to the board | on 23January 2023, subject | |||||||
| Danielle Vincent |
) to | formal confirmation | at AGM on 28 March 2023; |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||||
| Note | E | E | |||||
| Income from: | |||||||
| Donations, grants and legacies |
148,110 | 70,215 | 218,325 | 255,210 | |||
| Charitable activities |
436,310 | 436,310 | 332,349 | ||||
| Other trading | activities | 11,004 | 11,004 | 1,853 | |||
| Investments | 199 | 199 | 136 | ||||
| Total income | 148,110 | 517,728 | 665,839 | 589,548 | |||
| Expenditure on: |
|||||||
| Raising funds | 854 | 854 | 942 | ||||
| Charitable activities |
161,009 | 459,780 | 620,789 | 584,146 | |||
| Total expenditure | 161,009 | 460,635 | 621,644 | 585,088 | |||
| Net income / (expenditure) |
(12,899) | 57,093 | 44,195 | 4,460 | |||
| Transfers between funds |
|||||||
| Other recognised | gains/(losses): | ||||||
| Gains/(losses) on |
revaluation | of fixed assets | 5,259 | 5,259 | |||
| Net movement in |
funds | (7,640) | 57,093 | 49,454 | 4,460 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 213,918 | 165,870 | 379,787 | 375,328 | ||
| Total funds carried forward | 206,278 | 222,963 | 429,241 | 379,788 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | F | E | |||||
| Fixed assets | |||||||
| Tangible assets | 10 | 204,878 | 204,741 | ||||
| Current assets | |||||||
| Debtors | 14,455 | 6,854 | |||||
| Cash at bank and in | hand | 315,454 | 268,894 | ||||
| 329,909 | 275,748 | ||||||
| Liabilities | |||||||
| Creditors: amounts | falling due within | 1 year | 12 | 105,547 | 100,702 | ||
| Net current assets | 224,363 | 175,047 | |||||
| Net assets | 15 | 429,241 | 379,788 | ||||
| The funds ofthe charity: Restricted funds Fixed asset reserves fund Unrestricted funds |
16 | 1,400 204,878 222,962 |
9,177 204,741 165,870 |
||||
| Total charity funds | 15 | 429, 4 | 79,7 |
| 2022f | 2021 | |||
|---|---|---|---|---|
| Reconciliation ofnet income/ ex enditure |
to net cash flow from o eratin | activities | ||
| Net income/(expenditure) for the reporting |
period | 44,195 | 4,460 | |
| (as per the statement offinancial activities) |
||||
| Adjustments for: |
||||
| Depreciation charges |
5,122 | 18,593 | ||
| (Increase)/decrease in debtors |
(7,603) | (2,336) | ||
| Increase/(decrease in creditors) |
4,844 | (4,791) | ||
| Cash used in operating activities |
46,559 | 15,927 | ||
| Tax Paid | ||||
| Cash flows from investing activities: |
||||
| Proceeds from the sale offixed assets | ||||
| Increase/(decrease) in cash and cash equivalents |
46,559 | 15,927 | ||
| Cash and cash equivalents at beginning |
of | year | 268,894 | 252,966 |
| Cash and cash equivalents at end ofyear |
4 |
| ear ended 31 Au ust2 | 022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Prior year comparatives | ||||||||||
| 2021 | ||||||||||
| Restricted f |
Unrestricted | Totalf | ||||||||
| Income from: | ||||||||||
| Donations, Grants and Legacies |
171,997 | 83,213 | 255,210 | |||||||
| Charitable activities |
332,349 | 332,349 | ||||||||
| Other trading activities |
1,853 | 1,853 | ||||||||
| Interest | 136 | 136 | ||||||||
| Total income | 171,997 | 417,551 | 589,548 | |||||||
| Expenditure on: |
||||||||||
| 942 | 942 | |||||||||
| 190,128 | 394,018 | 584,146 | ||||||||
| Total expenditure | 190,128 | 394,960 | 585,088 | |||||||
| Net income I(expenditure) | 22,591 | 4,460 | ||||||||
| Donations, Grants and |
Legacies | |||||||||
| 2022 | 2021 | |||||||||
| Restricted f |
Unrestricted f |
Totalf | Totalf | |||||||
| Donations | 42,559 | 42,559 | 31,853 | |||||||
| Grants: | ||||||||||
| Quartet Community Foundation |
25,000 | 25,000 | 13,000 | |||||||
| BBCChildren in Need |
12,810 | 12,810 | 5,047 | |||||||
| Garfield Weston Foundation | 10,000 | 10,000 | 20,000 | |||||||
| Sobell Foundation | 10,000 | 10,000 | 10,000 | |||||||
| Global's Make Some Noise | 23,000 | 23,000 | 47,404 | |||||||
| Henry Smith Charity | 51,251 | 51,251 | 41,667 | |||||||
| The Dame Violet Wills Will Trust | 2,083 | 2,083 | ||||||||
| Barbara Ward Children's | Foundation | 3,750 | 3,750 | |||||||
| Baily Thomas Charitable | Fund | 2,666 | 2,666 | 667 | ||||||
| The Forrester Family Trust |
2,917 | 2,917 | ||||||||
| The James Tudor Foundation | 3,988 | 3,988 | ||||||||
| Portishead Nautical Trust |
1,005 | 1,005 | 1,500 | |||||||
| Elizabeth & Prince Zaiger |
Charitable | Trust | 1,000 | 1,000 | 3,000 | |||||
| Saint James's Place Foundation | 2,500 | 2,500 | 2,500 | |||||||
| The SirJules Thorn Charitable | Trust | 1,500 | 1,500 | |||||||
| The Medlock Charitable Trust |
2,000 | 2,000 | ||||||||
| The Elmgrant Trust |
500 | 500 | ||||||||
| Monmouthshire Building |
Society | Charitable | Foundation | 350 | 350 | |||||
| B&QFoundation | 5,000 | 5,000 | ||||||||
| The Casey Trust | 1,000 | 1,000 | ||||||||
| The RS Brownless Charitable | Trust | 200 | 200 | |||||||
| North Somerset Community | Health | Mental | Health | 8,640 | 8,640 | 5,667 | ||||
| The Keeble Charitable Trust |
2,500 | 2,500 | ||||||||
| The Leonard Laity Stoate |
Charitable | Trust | 500 | 500 | ||||||
| Leeds Building Society (May | 22) | 400 | 400 | |||||||
| Tesco | 1,000 | |||||||||
| The National Lottery Community |
Fund | 3,802 | ||||||||
| Co-op Local Community | Fund | 5,580 | ||||||||
| Morrisons Foundation |
5,000 | |||||||||
| Percy Bilton Charity | 500 | |||||||||
| Avon &Somerset Police | Community | Trust | 1,000 | |||||||
| CAF Resilience Fund |
23,330 | |||||||||
| Edward Gostling Foundation |
5,000 | |||||||||
| North Somerset Council | Discretionary | C19 | Funding | 10,000 | ||||||
| Neighbourly Micro Grant |
400 | |||||||||
| Covid 19Job Retention Scheme |
1,207 | 1,207 | 17,293 | |||||||
| Total donations, grants and |
legacies | 148,110 | 70,215 | 218,325 | 255,210 |
| 4. | Income from char | it | ab | le | activiti | es | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||||||
| Restricted | Unrestricted | Total | Total | |||||||||||
| F | F | f. | ||||||||||||
| Improving opportunities |
for children | with additional | needs | |||||||||||
| Income from statutory | bodies for play and education | 354,022 | 354,022 | 285,087 | ||||||||||
| Subscriptions, session |
fees and | membership | fees | 11,405 | 11,405 | 4,285 | ||||||||
| Training Provided |
to Clients | 21,629 | 21,629 | 8,942 | ||||||||||
| inclusion income |
49,254 | 49,254 | 34,035 | |||||||||||
| 436,310 | 436,310 | 332,349 | ||||||||||||
| 5. | Income from charitable | activities | ||||||||||||
| Fundraising events |
and | activities | 11,004 | 11,004 | 1,854 | |||||||||
| Total income from | other | trading | activities | 11,004 | 11,004 | 1,854 | ||||||||
| 6. | Total expenditure | |||||||||||||
| Developt. | ||||||||||||||
| & | Support & | |||||||||||||
| Raising | education | governance | ||||||||||||
| funds | services | costs | 2022 Total | 2021 Total | ||||||||||
| F | F | |||||||||||||
| Direct fundraising | costs | 854 | 942 | |||||||||||
| Charitable activities |
||||||||||||||
| Staff costs (note 8) | 539,127 | 539,127 | 479,309 | |||||||||||
| Direct costs ofdevelopment | ||||||||||||||
| and education | 26,256 | 26,256 | 31,150 | |||||||||||
| Property costs | 27,544 | 27,544 | 37,689 | |||||||||||
| Office costs | 18,108 | 18,108 | 15,497 | |||||||||||
| Corporation tax |
||||||||||||||
| Legal and professional | costs | 2,383 | 2,383 | 35 | ||||||||||
| Independent Examiners' |
remuneration | 2,250 | 2,250 | 1,872 | ||||||||||
| Depreciation | 5,122 | 5,122 | 18,593 | |||||||||||
| Allocation of support | costs | 616,156 4.633 |
4,633 ~4,633 |
620,789 | 584,146 | |||||||||
| Total expenditure | 854 | 620,789 | 621,644 | 585,088 | ||||||||||
| Funded From |
Funded | From | ||||||||||||
| Restricted | Unrestricted | 2022 | 2021 | |||||||||||
| Pool | Pool | Total | Total | |||||||||||
| F | F | |||||||||||||
| Direct fundraising | costs | 854 | 854 | 942 | ||||||||||
| Staff costs (note 8) | 129,423 | 409,704 | 539,127 | 479,309 | ||||||||||
| Direct costs ofdevelopment | ||||||||||||||
| and education | 26,464 | (208) | 26,256 | 31,150 | ||||||||||
| Property costs | 27,544 | 27,544 | 37,689 | |||||||||||
| Office costs | 18,108 | 18,108 | 15,497 | |||||||||||
| Corporation tax |
||||||||||||||
| Legal and professional | costs | 2,383 | 2,383 | 35 | ||||||||||
| Independent Examiners' |
remuneration: | 2,250 | 2,250 | 1,872 | ||||||||||
| Depreciation | 5,122 | 5,122 | 18,593 | |||||||||||
| 161,009 | 460,635 | 621,644 | 585,088 |
| This is stated | after chargi | ng: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Depreciation | 5,122 | 18,593 | ||
| Independent | Examiners' | remuneration: | ||
| ~ | Independent | examination | 2,250 | 1,872 |
| Staff costs | and numbers | |||
| Staff costs were as follows: | ||||
| 2022 | 2021 | |||
| f. | F | |||
| Salaries and | wages | 495,839 | 442,717 | |
| Social security costs | 23,501 | 18,254 | ||
| Auto-enrolment pension costs |
7,756 | 6,479 | ||
| Recruitment | costs | 94 | 187 | |
| DBSchecks | 1 227 | 1,069 | ||
| Staff expenses and travel | 7,148 | 7,393 | ||
| Staff training | 3,562 | 3,211 | ||
| 539,127 | 479,309 |
| benefits | oft | he key management personnel ofthe charity were |
F153,192 (2021 - F147,255). | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| No. | No. | |||
| Average | head count | 40 | 39 | |
| Taxation | ||||
| 2022 | 2021 | |||
| E | ||||
| Corporation | tax |
| 10. | Tangible fixe | d asse | ts | ||||
|---|---|---|---|---|---|---|---|
| Leasehold | Fixtures & | ||||||
| buildings | fittings | Total | |||||
| Cost or valuation | |||||||
| At 1 September 2021 | 335,000 | 44,620 | 379,620 | ||||
| Additions | |||||||
| Disposals | |||||||
| Revaluation | 125,000 | 125,000 | |||||
| At 31 August | 2022 | 210,000 | 44,620 | 254,620 | |||
| Depreciation | |||||||
| At 1 September 2021 | 130,259 | 44,620 | 174,879 | ||||
| Revaluation | (130,259) | (130,259) | |||||
| Depreciation | Charge | for the year | 5,122 | 5,122 | |||
| Disposals | |||||||
| At 31 August | 2022 | 5,122 | 44,620 | 49,742 | |||
| Net book value | |||||||
| At 31August | 2022 | 204,878 | 204,878 | ||||
| At 31 August | 2021 | 204,741 | 204,741 | ||||
| 11. | Debtors | ||||||
| 2022 | 2021 | ||||||
| Trade debtors | 4,281 | 1,590 | |||||
| Prepayments | 10,174 | 5,264 | |||||
| 14,455 | 6,854 | ||||||
| 12. | Creditors: amounts | due within | 1year | ||||
| 2022 | 2021 | ||||||
| F | |||||||
| Trade creditors | 4,128 | 344 | |||||
| Other taxation | and social security | 8,186 | 7,665 | ||||
| Accruals 8 deferred | income | 93,233 | 92,693 | ||||
| 105,547 | 100,702 |
| Deferred inco | me | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| F | ||||||||
| Opening unexpended balance as at 1 September 2021 |
69,031 | 73,427 | ||||||
| Grant amounts received in advance ofrelease Amounts released to expend on charitable activities |
326,784 ~331,564 |
241,003 ~245,399 |
||||||
| Balance as at | 31 August | 2022 | 64,251 | 69,031 | ||||
| Operating leases |
||||||||
| 2022 | 2021 | |||||||
| f. | ||||||||
| The total future | minimum | lease payments | under non-cancellable | operating | leases are as follows: | |||
| Not later than one year | 3,252 | 2,641 | ||||||
| Later than one | year and | not later than five | years | 10,824 | 11,993 | |||
| Later than five | years | 10,957 | 14,121 | |||||
| 25,033 | 28,755 | |||||||
| Analysis ofnet assets | between funds | |||||||
| Restricted | Unrestricted | Totalfunds | ||||||
| funds E |
funds f |
2021 | ||||||
| Tangible fixed | assets | 204,878 | 204,878 | 204,741 | ||||
| Cash at bank and in hand |
1,400 | 314,054 | 315,454 | 268,894 | ||||
| Other net current assets/(liabilities) | 91,091 | 91,091 | -93,848 | |||||
| Net assets at | 31August | 2022 | 206,278 | 222,963 | 429,241 | 379,787 |