| Name ofFunder | Project funded | |||||
|---|---|---|---|---|---|---|
| The National Lottery Community |
Fund | Housing and Community |
Support | |||
| The Mercers Charitable | Foundation | General Manager / CEO |
||||
| Garfield Weston Foundation | Housing and Community |
Support | ||||
| Lloyds Bank Foundation | Unrestricted | |||||
| Nationwide Community |
Grant | Housing Support |
||||
| SirAlee Black' Charity | Housing Support |
|||||
| Lincolnshire Community |
Fund | Gap Funding Staff Salaries |
1 month | |||
| East Coast Community | Fund | Van Driver | ||||
| NELC - through SSNEL |
Short Term Core Costs | |||||
| The National Lottery Awards for |
All | CARE Development work |
||||
| MSE Charity | Financial advice and support | |||||
| The Albert Hunt Trust |
Van rental | |||||
| B&QFoundation | Flat building &reconstruction |
work | ||||
| Beatrice Laing Trust | Immingham access point |
|||||
| Grocer's Company | Van &Van Driver | |||||
| Evan Cornish Grassroots | Fund | Utility & Food Vouchers | ||||
| NELC - HSG Funding | Immingham Client Utilities |
|||||
| Help the Homeless | Flat building &reconstruction |
work | ||||
| Lincolnshire Co-op |
Utility & Food Vouchers | |||||
| Movement for Good Benefact Group |
General Costs | |||||
| Asda Foundation | Food Vouchers |
| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 13 | |
| Independent Examlneds |
Report | 14 | ||
| Statement of Financial | Activities | 15 | ||
| Balance Sheet | 16 | |||
| Cash Flow Statement | 17 | |||
| Notes to the Cash Flow | Statement | 18 | ||
| Notes to the Financial Statements | 19 | io | 29 | |
| Detailed Statement of Financial Activities | 30 | to | 31 |
| 31.3,23 | 31.3.22 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | 6 | f | f | 6 | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
52,777 | 328,339 | 381,116 | 255,521 | |||
| Charitable activities |
|||||||
| Core | 43,263 | 43,263 | 39,983 | ||||
| Other trading activities |
132,886 | 132,886 | 115,107 | ||||
| Investment income |
987 | 987 | 19 | ||||
| Other income | 20 690 | ~20690 | ~6778 | ||||
| Total | 250 603 | 328,339 | 578,942 | 417408 | |||
| EXPENDITURE ON | |||||||
| Shop expenditure | 98,994 | 45,500 | 144,494 | 114,931 | |||
| Charitable activities |
|||||||
| Core | 97 372 | 276739 | 374 111 | 2~73 675 | |||
| Total | 196,366 | 3~22 239 | ~518605 | ~388606 | |||
| NET INCOME | 54,237 | 6,100 | 60,337 | 28,802 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 172,480 | 127,664 | 300,144 | 271,342 | ||
| TOTAL FUNDS CARRIED FORWARD | 226 717 | 133764 | ~360 481 | 300,144 |
| 31.3.23 | 31.3.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | fund f |
fundsf | funds f |
fundsf | ||
| FIXEDASSETS | ||||||
| Tangible assets | 14 | 214,016 | 214,015 | 222,110 | ||
| CURRENT ASSETS | ||||||
| Stocks | 15 | 16,569 | 16,569 | 16,203 | ||
| Debtors | 16 | 9,922 | 9,922 | 7,987 | ||
| Cash at bank and | in hand | 189,527 | 133,764 | 323,291 | 261,294 | |
| 216,018 | 133,764 | 349,782 | 285,484 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
17 | (34,940) | (34,940) | (28,001) | ||
| NET CURRENT ASSETS | 181,078 | 133,764 | 314,842 | 257,483 | ||
| TOTAL ASSETS | LESSCURRENT LIABILmES | 395,093 | 133,764 | 528,857 | 479,593 | |
| CREDITORS | ||||||
| Amounts falling due affer more than one year |
18 | (168,376) | (168,376) | (179,449) | ||
| NET ASSETS | 226,717 | 133,764 | 360,481 | 300,144 | ||
| FUNDS | ||||||
| Unresbfcted funds |
226,717 | 172,480 | ||||
| Restricted funds |
133,764 | 127,664 | ||||
| TOTAL FUNDS | 360,481 | 300,144 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Notes | f | 6 | |||
| Cash flows from | operating | activities | |||
| Cash generated from operations |
1 | ~74 273 | 36,638 | ||
| Net cash provided | by operating activities |
74,273 | 36,638 | ||
| Cash flows from | investing | activities | |||
| Purchase oftangible fixed assets |
(422) | (2,614) | |||
| Interest received | 987 | 19 | |||
| Net cash provided | by/(used | in) Investing | activities | 565 | ~2,595) |
| Cash flows from | financing | activities | |||
| Loan repayments | In year | 12,841 | 14,091 | ||
| Net cash used in |
financing | activities | ~12841) | ~14091) | |
| Change in cash |
and cash | equivalents | |||
| In the reporting | period | 61,997 | 19,952 | ||
| Cash and cash equivalents | at the | ||||
| beginning ofthe |
reporting | period | 2~61 294 | 241 342 | |
| Cash and cash equivalents | at the end | ||||
| ofthe reporting | period | 3~23 291 | 261,294 |
| RECONCILIATION | OF | NET INCOME TO | NET INCOME TO | NET INCOME TO | NET CASH | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||||||||
| 6 | 6 | ||||||||||
| Net Income for the | reporting | period (as | per the Statement of | ||||||||
| Financial Activities) | 60,337 | 28,802 | |||||||||
| Adjustments for. |
|||||||||||
| Depreciation charges |
8,469 | 8,715 | |||||||||
| Loss on disposal of | fixed assets | ||||||||||
| Interest received | (987) | (19) | |||||||||
| (Increase)/decrease | In stocks | (366) | 1,050 | ||||||||
| Increase In debtors |
(1,935) | (2,440) | |||||||||
| Increase In creditors |
~8707 | 530 | |||||||||
| Net cash provided | by | operations | 74,273 | 36,638 | |||||||
| 2. | ANALYSIS OF CHANGES | IN NET FUNDS | |||||||||
| At | 1.4.22 | Cash flow | At | 31.3.23 | |||||||
| 6 | f | 6 | |||||||||
| Net cash | |||||||||||
| Cash at bank and in |
hand | 2~61 294 | ~61 997 | 323291 | |||||||
| 261,294 | ~61 997 | 3~23 291 | |||||||||
| Debt | |||||||||||
| Debts falling'due within |
1 year | (14,200) | 1,768 | (12,432) | |||||||
| Debts falling due after 1 year | (~179 449 | ~11073 | (1~68 376 | ||||||||
| (~193649 | 12841 | (1~80808 | |||||||||
| Total | ~67 645 | 74,838 | 1~42 483 |
| 2. | DONATIONS AND LEGACIES |
31.3.23 | 31.3.22 | |
|---|---|---|---|---|
| F | f. | |||
| Gifts and donations | 53,077 | 39,157 | ||
| Grants | ~328039 | 216364 | ||
| 3~81 116 | 2~55 521 | |||
| Grants received, included in the above, |
are as follows: | |||
| National Lottery Community Fund Lloyds Bank Foundation Evan Cornish Grassroots Fund |
139,000 27,250 4,000 |
155,798 | ||
| Lincolnshire Community Foundation Garfield &Weston Foundation |
16,000 25,000 |
|||
| The Mercers Charitable Foundation |
27,273 | |||
| The Big Local North Cleethorpes Sector Support North East Lincolnshire The Albert Hunt Trust |
(North Bank Forum) | 1,000 | 914 10,000 7,000 |
|
| Charities Trust | 1,000 | |||
| The Grocers Company NELC Housing Support The Beatrice Laing Family Trust The MSE Charity East Coast Community Fund (Grantscape) Nationwide Community Grant National Lottery Awards for All The Sir Alee Black Charity Other grants |
5,000 4,000 5,000 6,750 7,500 50,000 8,300 22,989 5,250 |
14,129 1 250 |
||
| 328039 | 216,364 | |||
| 3. | OTHER TRADING ACTIVITIES | 31.3.23 | 31.3.22 | |
| f | ||||
| Shop Income | ~132 886 | ~115 107 | ||
| 4. | INVESTMENT INCOME | 31.3.23 | 31.3.22 | |
| f | f | |||
| Deposit account interest | 987 | 19 | ||
| 5. | INCOME FROM CHARITABLE ACTIVITIES Property rent receivable Management charge Activity Core Core |
31.3.23 32,050 ~11 213 |
31.3.22 f 28,199 ~11 784 |
|
| 4~3263 | 39983 |
| SHOP EXPENDITURE | |||||
|---|---|---|---|---|---|
| Other trading activities |
31.3.23 | 31.3.22 | |||
| f | |||||
| Staff costs Offic costs Motor, travel and carriage Volunteer expenses and training Premises costs Insurance Communication Equipment hire Bank charges and interest Sundries Waste disposal Professional fees Training Depreciation |
92,508 1,419 8,316 1,724 20,489 1,573 1,140 1,482 1,903 2,672 3,776 909 198 6,385 |
68,982 878 7,316 1,483 15,531 1,516 1,348 1,368 1,279 1,784 4,388 2,632 115 6,311 |
|||
| 144494 | 1~14 931 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||
| Support | |||||
| Direct | costs (see | ||||
| Costs 6 |
note 8) f |
Totalsf | |||
| Core | 354,445 | 19,666 | 374,111 | ||
| 8. | SUPPORT COSTS | ||||
| Governance | |||||
| costs | |||||
| Core | 19,666 | ||||
| 9. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 31.3.23 | 31.3.22 | ||||
| 6 | F | ||||
| Independent examiners fee and payroll costs Depreciation - owned assets Deficit on disposal of fixed assets |
3,960 8,469 48 |
3,240 8,715 |
| STAFFCOSTS | |||||
|---|---|---|---|---|---|
| 31.3.23 6 |
31.3.22 f |
||||
| Wages and salaries Social security costs Other pension costs |
302,984 11,090 ~6607 |
241,302 10,218 ~5713 |
|||
| 3~20 681 | 257,233 | ||||
| The average monthly |
number | ofemployees | during the year was as follows: | 31.3.23 | 31.3.22 |
| Shop General Management Family Housing &Support |
5 3 9 |
4 4 8 |
|||
| 17 | 16 |
| Additionally fees included in wages, were paid in relation ENII). |
Additionally fees included in wages, were paid in relation ENII). |
to the CEO role a | t CARE off37 | ,182 (2022 |
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAI | ACTIVITIES Unrestricted |
Restricted | Total | |
| fund | funds | funds | ||
| 6 | F | |||
| INCOME AND ENDOWMENTS Donations and legacies |
FROM | 19,316 | 236,205 | 255,521 |
| Charitable activities Core |
39,983 | 39,983 | ||
| Other trading activities Investment income Other income |
115,107 19 ~4517 |
~2261 | 115,107 19 6,778 |
|
| Total | ~178942 | ~238 466 | 4~17 408 |
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| 6 | 6 | E | |||
| EXPENDITURE ON Shop expenditure |
103,528 | 11,403 | 114,931 | ||
| Charitable activities Core |
61,544 | 212,131 | 273,675 | ||
| Total | ~165072 | ~223 534 | 388,606 | ||
| NET INCOME Transfers between |
funds | 13,870 ~ff 133) |
14,932 ~11 133 |
28,802 | |
| Net movement In |
funds | 2,737 | 26,065 | 28,802 | |
| RECONCILIATION Total funds brought |
OF FUNDS forward |
169,743 | 101,599 | 271,342 | |
| TOTAL FUNDS CARRIED FORWARD | 172,480 | ~127 664 | ~300 144 |
| TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|
| improvements | |||||
| Freehold | to | Plant and | |||
| property f |
property E |
machinery 6 |
Totals f |
||
| COST At 1 April 2022 Additions Disposals |
286,942 | 47,084 | 46,053 422 ~11,692) |
380,079 422 ~11692) |
|
| At31 March 2023 | 286,942 | ~47 084 | ~34 783 | ~368809 | |
| DEPRECIATION At 1 April 2022 Charge for year Eliminated on disposal |
98,426 5,735 |
17,916 938 |
41,627 1,796 ~11,644) |
157,969 8,469 ~11,644) |
|
| At 31 March 2023 | 104,161 | ~18 854 | 31,779 | 154,794 | |
| NET BOOK VALUE At 31 March 2023 |
~182 781 | ~28 230 | ~3004 | 214,015 | |
| At 31 March 2022 | 188,516 | ~29 168 | ~4426 | ~222 110 | |
| 24 |
| 15. | STOCKS | 31.3.23 | 31.3.22 | ||
|---|---|---|---|---|---|
| f | 5 | ||||
| Donated stock | 16,569 | ~16 203 | |||
| 16. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.23 f |
31.3.22 f |
||
| Olher debtors VAT |
7,107 2,815 |
6,261 1,726 |
|||
| ~9922 | 7~987 | ||||
| 17. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | 31.3.23 | 31.3.22 | |
| F | |||||
| Bank loans (see note 19) Social security and other taxes Other creditors |
12,432 2,998 19,510 |
14,200 3,280 10521 |
|||
| 34,940 | 2~8001 | ||||
| 18. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | 31.3.23 f |
31.3.22 f |
|
| Bank loans (see note 19) | ~168 376 | ~179 449 | |||
| 19. | LOANS | ||||
| An analysis ofthe maturity | of | loans is given below: | |||
| 31.3.23 | 31.3.22 | ||||
| 5 | 5 | ||||
| Amounts falling due within Bank loans |
one year on demand: | ~12 432 | ~14 200 | ||
| Amounts falling between Bank loans - 1-2 years |
one | and two years: | ~13133 | ~14 300 | |
| Amounts falling due between Bank loans -2-5 years |
two and five years: | 44,015 | ~43 000 | ||
| Amounts falling due in more |
than five years: | ||||
| Repayable by instalments: Bank loans |
111,228 | 122,149 |
| Minimum leas |
e payments under non-canc |
ellable operating leases fall |
due as follows: | |
|---|---|---|---|---|
| 31.3.23 f |
31.3.22 f |
|||
| Within ons year Between ons and five years |
4,800 | 13,310 4,800 |
||
| 4,800 | 18,110 | |||
| SECURED DEBTS | ||||
| The following | secured debts ars included | within creditors: | ||
| 31.3.23 | 31.3.22 | |||
| f | ||||
| Bankloans | 180,808 | ~193 649 |
| MOVEMENT IN FUNDS |
|||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.4.22 | in funds | 31.3.23 | |||
| f | 6 | 6 | |||
| Unrestricted funds General fund |
172,480 | 54,237 | 226,717 | ||
| Restrictetl funds Restricted Funds National Lottery Community Building fund |
Fund | 78,621 49,043 |
(8,176) 8,874 ~5402 |
70,445 57,917 5402 |
|
| 127,664 | 6,100 | 133,764 | |||
| TOTAL FUNDS | ~300 144 | ~60 337 | ~360 481 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted funds General fund |
250,603 | (196,366) | 54,237 | ||
| Restricted funds Restricted Funds National Lottery Community Building fund |
Fund | 183,937 139,000 ~5402 |
(192,113) (130,126) |
(8,176) 8,874 ~5402 |
|
| ~328 339 | ~322 239 | ~6100 | |||
| TOTAL FUNDS | 578,942 | ~518605) | ~60 337 |
| Comparatlves for movemen |
t in funds |
||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.21 f |
in funds f |
funds 6 |
31.3.22 6 |
||
| Unrestricted funds General fund |
169,743 | 13,870 | (11,133) | 172,480 | |
| Restricted funds | |||||
| Restricted Funds National Lottery Community |
Fund | 54,856 ~46 743 |
23,765 ~8833) |
~11133 | 78,621 ~49 043 |
| ~101599 | 14,932 | 11 133 | ~127 664 | ||
| TOTAL FUNDS | ~271 342 | 28,802 | 300 144 |
| Comparative net movement |
In funds, included In th |
e above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources f |
expended 6 |
in funds 6 |
||
| Unrestricted funds General fund |
178,942 | (165,072) | 13,870 | |
| Restricted funds Restricted Funds National Lottery Community |
Fund | 81,753 156713 |
(57,988) ~165546 |
23,765 ~8833) |
| ~238466 | ~223 534 | ~14 932 | ||
| TOTAL FUNDS | 417408 | ~388606) | 28,802 |
| A current | year 12 months an |
d prior year 1 | 2 months combined p |
osition is as follo | ws; | |
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.23 | |||
| f | f | F | 6 | |||
| Unrestricted funds |
||||||
| General | fund | 169,743 | 68,107 | (11,133) | 226,717 | |
| Restricted funds Restricted Funds National Lottery Community Building fund |
Fund | 54,856 46,743 |
15,589 41 ~5402 |
11,133 | 70,445 57,917 ~5402 |
|
| 101,599 | ~21 032 | ~11 133 | ~133764 | |||
| TOTAL | FUNDS | 271,342 | 89,139 | 360,481 |