2021-03-31-accounts - Norfolk and Norwich SEND Association

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CONTENTS		Page No
Reference and Administrative	Details ofthe Charity,
its Trustees and Advisers
Board ofTrustees' Report		4-16
Board ofTrustees' Responsibilities
in relation to the financial statements		17
Independent Auditor's Report		18-21
Statement of Financial Activities		22
Balance Sheet		23
Cash Flow Statement		24
Notes to the Financial Statements		25 —41

				NORFOLK AND NORWICH	NORFOLK AND NORWICH	NORFOLK AND NORWICH	SEND ASSOCIATION	SEND ASSOCIATION	SEND ASSOCIATION	SEND ASSOCIATION
					(A Company Limited		by Guarantee)
REFERENCE AND				ADMINISTRATIVE DETAILS		OF	THE CHARITY,			ITS TRIJSTEES AND ADVISERS
					FOR THE YEAR ENDED 31 MARCH 2021
Board ofTrustees					J Sorrell (Chair)
					D Brief (Treasurer)
					G Doy
					M Smith
					E Mitchell
					D Keyzor (appointed				17December 2020)
Company	registered			number	02854806
Charity registered			number		1027466
Registered		office			33Woodcock		Road
					Norwich
					Norfolk
					NR3 3TT
Company	Secretary				C Elkerton	(appointed			18June 2020)
Chief Executive Officer					LSmith
Independent		auditor			MA Partners		Audit	LLP
					Chartered	Accountants
					7The Close
					Norwich
					Norfolk
					NR14DJ
Bankers					Santander
					Natwest

						2021	2020
						0/	0/
Increase/(Decrease)	in	trading	income			(58.4)
Increase/(Decrease)	in	LA Funding		/ service	user	(04)	7.1
fee income
Increase in donations	/	grants	/ legacies			35.5	31.3
Increase/(Decrease)	in	total income				(3.2)	11.3
Increase/(Decrease)	in	total expenditure				(0.8)	2.0
Free reserves / total	expenditure					27.3	19.5
Free reserves
Net current assets						393,583	375,592
Net realisable investments						14,852	11,536
Less: Restricted funds (excl. assets)						(68,083)	(141,626)
						340,352	245,502

				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
				2021	2021	2021	2020
			Note	E	E	E	E
Income from:
Donations, grants	and legacies		2A	209,012	260,322	469,334	346,493
Charitable activities			3	747,060	8,254	755,314	732,416
Other trading activities			4	135,461		135,461	325,676
Investments			5	158		158	748
Total income				1,091,691	268,576	1,360,267	1,405,333
Expenditure on:
Raising funds			4	299,029		299,029	336,988
Charitable activities			6	693,873	253,438	947,311	919,662
Total expenditure				992,902	253,438	1,246,340	1,256,650
Net income				98,789	15,138	113,927	148,683
Transfers between		funds	16	103,094	(103,094)
Net gains/(losses)	on Investments		12	3,316		3,316	189
Net movement in	funds			205,199	(87,956)	117,243	148,872
RECONCILIATION	OF FUNDS:
Total funds brought		forward	16	733,028	167,919	900,947	752,075
Total funds carried		forward	16	938,227	79,963	1,018,190	900,947

				2021		2020
			Note	E
FIXEDASSETS:
Tangible assets			11		800,433		724,457
Investments			12		14,852		11,536
					815,285		735,993
CURRENT ASSETS
Stocks				130		151
Debtors			13	119,400		91,414
Cash at bank and	in hand			367,591		342,413
				487,121		433,978
CREDITORS: Amounts		falling due	14
within one year				(93,538)		(58,386)
NET CURRENT ASSETS					393,583		375,592
TOTAL ASSETS LESS CURRENT LIABILITIES					1,208,868		1,111,585
CREDITORS: Amounts		falling due
after more than one year			15		(190,678)		(210,638)
NET ASSETS					1,018,190		900,947
CHARITY FUNDS:
Restricted funds			16		79,963		167,919
Unrestricted funds			16		938,227		733,028
					1,018,190		900,947

					2021	2020
				Note	E	E
Cash flows from operating	activities
Net cash provided by operating activities				18	164,589	198,080
Cash flows from investing	activities
Purchase of property, plant	and equipment				(108,910)	(28,497)
Net cash used in investing	activities				(108,910)	(28,497)
Cash flows from financing	activities
Repayment of borrowings					(19,315)	(18,370)
Interest paid					(11,186)	(15,029)
Net cash provided used in	financing		activities		(30,501)	(33,399)
Change in cash and cash equivalents			in the year		25,178	136,184
Cash and cash equivalents	brought	forward			342,413	206,229
Cash and cash equivalents	carried forward			19	367,591	342,413

	Brought	Income	Expenditure	Transfers	Carried
	forward		and gains		Forward
	01.04.20				31.03.21
Children and Family Services	40,740	182,823	(181,696)		41,867
Adult Centre	103,506	534,844	(489,300)	2,075	151,124
Train and Trade	8,196	222,151	(188,881)		41,466
Retail	(5,868)	303,877	(299,029)		(1,020)
Association	754,373	116,572	(84,118)	(2,075)	784,752
Total funds	900,947	1,360,267	(1,243,024)		1,018,190
Prior Year
	Brought	Income	Expenditure	Transfers	Carried
	forward		and gains		Forward
	01.04.19				31.03.20
Children and Family Services	21,929	221,035	(202,860)	636	40,740
Adult Centre	65,823	531,898	(493,579)	(636)	103,506
Train and Trade	5,142	207,566	(204,512)		8,196
Retail	5,172	325,947	(336,987)		(5,868)
Association	654,009	118,887	(18,522)		754,373
Total funds	752,075	1,405,333	(1,256,461)		900,947

		Unrestricted	Restricted	Total Funds	Total Funds
		funds	funds
		2021	2021	2021	2020
		E	E	E	E
Donations
Children	and Family Services	2,500	1,823	4,323	4,850
Adult Resource Centre		19,146	120	19,266	1,500
Train and	Trade
Retail					262
Association		41,361	1,447	42,808	55,548
		63,007	3,390	66,397	62,160
Legacies
Children	and Family Services
Adult Resource Centre
Train and	Trade
Retail
Association
Grants
Children	and Family Services		135,414	135,414	155,342
Adult Centre			5,961	5,961	3,579
Train and	Trade		65,368	65,368	64,412
Retail		134,780		134,780
Association		11,225	50,180	61,405	61,000
		146,005	256,923	402,928	284,333
Total
Children	and Family Services	2,500	137,237	139,737	160,192
Adult Centre		19,146	6,081	25,227	5,079
Train and	Trade		65,368	65,368	64,412
Retail		134,780		134,780	262
Association		52,586	51,636	104,222	116,548
		209,012	260,322	469,334	346,493

					Unrestricted	Restricted	Total Funds	Total Funds
					funds	funds
					2021	2021	2021	2020
					E	E	E	E
Local Authority		Funding	(including	personal	budgets)
Children	and Family Services				33,590	7,570	41,160	54,659
Adult Resource		Centre			508,021		508,021	517,883
Train and	Trade				150,901		150,901	143,154
Retail
Association					7,679		7,679
					700,191	7,570	707,761	715,696
Other incoming		resources
Children	and Family Services				1,240	684	1,924	6,184
Adult Resource		Centre			1,597		1,597	8,936
Train and	Trade				5,881		5,881
Retail					33,633		33,633	10
Association					4,518		4,518	1,590
					46,869	684	47,553	16,720
Total
Children	and Family Services				34,830	8,254	43,086	60,843
Adult Resource		Centre			509,618		509,618	526,819
Train and	Trade				156,782		156,783	143,154
Retail					33,633		33,633	10
Association					12,197		12,197	1,590
					747,060	8,254	755,314	732,416

					Total Funds	Total Funds
					Unrestricted	Unrestricted
					2021	2020
					f	f
Charity trading income
Charity shops					135,461	325,676
Art shop
					135,461	325,676
Less: Fundraising		trading		expenses
Staff costs					(157,545)	(173,274)
Other staff costs					(263)	(881)
Travel costs					(219)	(832)
Premises costs					(67,724)	(88,406)
Office costs					(13,618)	(13,173)
Finance costs					(8,338)	(12,408)
Legal and professional			costs		(285)	(2,749)
Purchases					(733)	(0)
Depreciation					(10,669)	(10,669)
					(259,394)	(302,392)
Net outgoing	from	trading		activities before support costs	(123,933)
Less: Support	costs				(39,635)
Net outgoing	from trading			activities	(163,568)

				Unrestricted	Funds	Unrestricted	Funds
				funds		funds
				2021	2021	2020	2020
				f	f	f	f
Investment	income	—listed	investments	158	158	748	748

		Staff Costs	Depreci- ation	Support costs	Other costs	Total 2021	Total 2020
		f	f	f	f	f	f
Raising Funds
Unrestricted		157,545	10,669	39,635	91,180	299,029	336,988
Restricted
		157,545	10,669	39,635	91,180	299,029	336,988
Charitable	Activities
Unrestricted
Children and Family
Services		6,636		5,891		12,527	9,091
Adult Centre		360,873	104	46,648	63,618	471,243	475,419
Train and Trade		107,945		14,827	2,707	125,479	140,034
Association		37,928	17,852	22,483	6,360	84,624	17,821
		513,382	17,956	89,849	72,685	693,873	642,365
Restricted
Children and Family
Services		105,362	426	22,772	40,612	169,169	193,769
Adult Centre		11,796	3,884		2,379	18,059	18,160
Train and Trade		52,303		5,799	5,300	63,402	64,477
Association					2,808	2,808	891
		169,461	4,310	28,571	51,099	253,438	277,297
		682,843	22,266	118,420	123,784	947,311	919,662
Total 2021		840,388	32,934	158,055	214,964	1,246,340	1,256,650
Total 2020		855,731	29,508	140,925	230,486	1,256,650

		Staff	Recruitment,	Office				Professional		Total	Tata I
		Costs	Training etc	costs	insurance		Finance	fees	Premises	2021	2020
		E	E	E	E					E	E
Children	gt
Family	servs	20,061	901	2,509		491	1,379	1,895	1,427	28,663	26,340
Adult Centre		32,648	1,467	4,083		799	2,244	3,085	2,322	46,648	37,475
Train 8	trade	14,436	649	1,805		353	992	1,364	1,027	20,626	25,900
Retail		27,740	1,246	3,469		679	1,907	2,621	1,973	39,635	34,596
Association		15,735	707	1,968		385	1,082	1,487	1,119	22,483	16,614
Tota I 2021		110,620	4,970	13,834	2,707		7,604	10,452	7,868	158,055	140,925
Total 2020		96,034	1,919	9,424	1,967		9,377	10,749	11,445	140,925

This is sta	ted	after char	ging:
				2021	2020
				E	E
Depreciation		oftangible	fixed assets	32,934	29,508
Loan interest		payable		11,186	15,029
Operating	lease rentals			49,118	61,278
Auditor's	remuneration		—Audit services	5,760	4,772

STAFF COSTS
		2021	2020
		f	f
Wages and salaries		874,092	874,558
Social Security costs		53,572	53,993
Pension costs		19,344	19,214
Ex gratia payments			4,000
		951,008	951,765
The average number of persons employed	during the year was as follows:—
		2021	2020
		f	f
Full time equivalents
Direct charitable		30	25
Trading		7	15
Management and administration		6	4
		43	44
Number ofstaff employed		62	76

	2021	2020
	f	f
Salary	137,660	142,162
Nationallnsurance	13,553	14,062
Pension costs	2,864	3,241
	154,077	159,465

	Land and	Motor	Office
	buildings	vehicles	equipment	Total
	f	f	f	E
Cost
As at 1 April 2020	746,241	31,995	115,985	894,221
Additions	107,094		1,816	108,910
As at 31March 2021	853,335	31,995	117,801	1,003,131
Depreciation
As at 1April 2020	60,409	23,934	85,422	169,764
Charge for year	22,957	2,688	7,289	32,934
As at 31March 2021	83,366	26,622	92,711	202,698
Net book value
As at 31March 2021	769,969	5,373	25,091	800,433
As at 31March 2020	685,832	8,061	30,563	724,457

FIXED ASSE	T INVESTMENTS
					Listed
					securities
					f
Market Value
As at 1April	2020				11,536
Revaluations					3,316
As at 31March 2021					14,852
Investments	at market value	comprise:
				2021	2020
				f	f
Listed investments				14,852	11,536
All the fixed	asset investments	are held	in the UK.
DEBTORS
				2021	2020
				f	f
Trade debtors				73,143	10,271
Other debtors				1,974	4,036
Prepayments	and accrued income			44,283	77,107
				119,400	91,414

CREDITORS: A	mounts falling due within one year
		2021	2020
		E	E
Bankloan		19,315	18,670
Trade creditors		2,338	11,977
Other taxation	and social security	1,767	14,080
Other creditors		2,889	2,703
Accruals		11,999	10,937
Deferred income		55,231	19
		93,538	58,386

					2021	2020
					E	E
Bank loan					190,678	210,638
Creditors	include amounts	not wholly repayable	within	5years as follows:
					2021	2020
					E	E
Repayable	by instalments				122,973	144,288

		Brought	Income	Expenditure	Transfers	Carried
		forward		and gains		Forward
Unrestricted	funds
Children and Family
Services		14,527	37,331	(12,527)		39,331
Adult Centre		91,996	528,764	(471,242)		149,518
Train and Trade		7,180	156,783	(125,479)		38,484
Retail		(5,868)	303,877	(299,029)	1,020
Association		625,193	64,936	(81,309)	102,074	710,894
		733,028	1,091,691	(989,586)	103,094	938,227
Restricted funds
Children and Family
Services		25,576	145,491	(169,169)		1,898
Adult Centre		12,148	6,081	(18,059)		170
Train and Trade		1,018	65,368	(63,402)		2,984
Retail
Association		129,177	51,636	(2,808)	(103,094)	74,911
		167,919	268,576	(253,438)		79,963
Total funds 2021		900,947	1,360,267	(1,243,024)		1,018,190
STATEMENT OF	FUNDS —PRIOR YEAR
		Brought	Income	Expenditure	Transfers	Carried
		forward		and gains		Forward
Unrestricted	funds
Children/Family	Services		24,009	(9,091)	(391)	14,527
Adult Centre		40,842	526,819	(475,420)	(245)	91,996
Train and Trade		4,060	143,154	(140,034)		7,180
Retail		5,172	325,947	(336,987)		(5,868)
Association		602,499	40,327	(17,632)		625,193
		652,573	1,060,256	(979,164)	(636)	733,028
Restricted funds
Children/Family	Services	21,929	197,026	(193,769)	391	25,576
Adult Centre		24,981	5,079	(18,159)	245	12,148
Train and Trade		1,082	64,412	(64,478)		1,018
Association		51,510	78,560	(1,080)		129,177
		99,502	345,077	(277,297)	636	167,919
Total funds 2020		752,075	1,405,333	(1,256,461)		900,947

17.ANALYSIS OF NET ASSETS BETWE	EN FUNDS —CURRENT	YEAR
	Tangible fixed		Creditors-
	assets and	Net current	more than
	investments	assets	one year	Tota I
	2021	2021	2021	2021
	E	E	E	E
Unrestricted
Children and Family services		39,331		39,331
Adult Centre	3,232	146,286		149,518
Train and Trade		38,484		38,484
Retail	1,576	(1,576)
Association	798,597	102,975	(190,678)	710,894
	803,405	325,500	(190,678)	938,227
Restricted
Children and Family Services	2,054	(156)		1,898
Adult Centre	8,614	(8,444)		170
Train and Trade		2,984		2,984
Retail
Association	1,212	73,699		74,911
	11,880	68,083		79,963
Tota I 2021	815,285	393,583	(190,678)	1,018,190
ANALYSIS OF NET ASSETS BETWEEN	FUNDS —PRIOR YEAR
	Tangible fixed		Creditors-
	assets and	Net current	more than
	investments	assets	one year	Total
	2020	2020	2020	2020
	E	E	E	E
Unrestricted
Children and Family services		14,527		14,527
Adult Centre	3,546	88,450		91,996
Train and Trade		7,180		7,180
Retail	3,349	(9,217)		(5,868)
Association	702,805	133,026	(210,638)	625,193
	709,700	233,966	(210,638)	733,028
Restricted
Children and Family Services	2,417	23,159		25,576
Adult Centre	23,876	(11,728)		12,148
Train and Trade		1,018		1,018
Association		129,177		129,177
	26,293	141,626		167,919
Total 2020	735993	375 592	(210,638)	900947
	39

18.RECONCILIATION	18.RECONCILIATION	OF NET MOVEMENT	OF NET MOVEMENT	IN FUNDS	TO NET CASH FLOW FROM OPERATING	TO NET CASH FLOW FROM OPERATING	TO NET CASH FLOW FROM OPERATING	TO NET CASH FLOW FROM OPERATING	ACTIVITIES
							2021	2020
							E	E
Net income	for the	year (as per	statement	of finanoal	activities)		113,927	148,683
Adjustment	for:
Depreciation	charges						32,934	29,508
Interest paid							11,186	15,029
(Increase)/Decrease		in stocks					21		199
(Increase)/Decrease		in debtors					(27,986)	9,762
Increase/(Decrease)		in creditors					34,507	(5,101)
Net cash prowded		by operating	activities				164,589	198,080
19.ANALYSIS OF NET DEBT
			As at April			Other	As at	March
			2020	Cashflows		movements	2021
			E		E	E		E
Cash at bank and in hand			342,413		25,538		367,951
Bank loans due	within	one year	(18,670)		19,315	(19,960)	(19,315)
Bank loans due	after more than
one year			210638			19 960	190678
			113105		44,853		157,958

At 31March the charity	operating	leases:
	2021	2020
	E	E
Within 1year	18,850	46,350
Between 1 and 5 years	10,500	29,200
After more than 5 years	5,625	5,625
Tota I	34975	81175