||Page||
|---|---|---|
|Report ofthe Trustees|3 to|25|
|Report ofthe Independent
Auditors|26 to|28|
|Statement of Financial Activities|29||
|Balance Sheet|30||
|Cash Flow Statement|31||
|Notes to the Cash Flow Statement|32||
|Notes to the Financial Statements|33 to|45|
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|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|E|E|f|E|
|INCOME AND|ENDOWMENTS|FROM||||||
|Donations
and|legacies||2|973,283|136,171|1,109,454|1,448,803|
|Other trading|activities||3|88,759||88,759|113,649|
|Investment
income|||4|3,377||3,377|10,777|
|Other income||||429||429||
|Total||||1,065,848|136,171|1,202,019|1,573,229|
|EXPENDITURE|ON|||||||
|Raising funds||||112,762|3,017|115,779|135,080|
|Charitable
activities||||||||
|General||||1,215,970|154,250|1,370,220|1,019,977|
|Total||||1,328,732|157,267|1,485,999|1,155,057|
|Net gains on investments||||37,516||37,516|36,932|
|NET INCOME/(EXPENDITURE)||||(225,368)|(21,096)|(246,464)|455,104|
|Transfers between
funds|||16|(54,763)|54,763|||
|Net movement|in funds|||(280,131)|33,667|(246,464)|455,104|
|RECONCILIATION
OF FUNDS||||||||
|Totalfunds
brought
forward||||1,574,781||1,574,781|1,119,677|
|TOTAL FUNDS|CARRIED FORWARD|||1,294,650|33,667|1,328,317|1,574,781|
|Balance Sheet
31March 2022|||||||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Unrestricted|Restricted|Tota I|Tata
I|
||||fund|funds|funds|funds|
|||Notes|f|E|E|E|
|FIXED ASSETS|||||||
|Tangible assets||10|6,902||6,902|7,611|
|Investment
property||11|340,000||340,000|763,207|
||||346,902||346,902|770,818|
|CURRENT ASSETS|||||||
|Stocks||12|38,247||38,247|48,088|
|Debtors||13|128,866||128,866|119,752|
|Cash at bank|||882,034|33,667|915,701|677,420|
||||1,049,147|33,667|1,082,814|845,260|
|CREDITORS|||||||
|Amounts
falling due within|one year|14|(101,399)||(101,399)|(41,297)|
|NET CURRENT ASSETS|||947,748|33,667|981,415|803,963|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||1,294,650|33,667|1,328,317|1,574,781|
|NET ASSETS|||1,294,650|33,667|1,328,317|1,574,781|
|FUNDS||16|||||
|Unrestricted
funds|||||1,294,650|1,574,781|
|Restricted funds|||||33,667||
|TOTAL FUNDS|||||1,328,317|1,574,781|
|Cash Flow Statement||||||
|---|---|---|---|---|---|
|for the Year Ended 31March 2022||||||
|||||31.3.22|31.3.21|
|||Notes||E|f|
|Cash flows from operating|activities|||||
|Cash generated
from operations|||1|(222,968)|372,376|
|Net cash (used in)/provided|by operating||activities|(222,968)|372,376|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed assets||||(3,280)|(681)|
|Purchase of investment
property||||(302,484)|(427,306)|
|Sale of investment
property||||763,636||
|Rent received||||3,250|10,680|
|Interest received||||127|97|
|Net cash provided
by/(used|in) investing||activities|461,249|(417,210)|
|Change
in cash and cash equivalents||in||||
|the reporting
period||||238,281|(44,834)|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||677,420|722,254|
|Cash and cash equivalents|at the end|||||
|ofthe reporting
period||||915,701|677,420|
##
##
|RECONCILIATION
OF NET (
ACTIVITIES|EXPENDITURE)/IN|COME
TO NET CASH FL|OW FROM OPERAT|ING|
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||E|E|
|Net (expenditure)/income|for the reporting|period (as per the|||
|Statement
of Financial Activities)|||(246,464)|455,104|
|Adjustments
for:|||||
|Depreciation
charges|||3,989|5,227|
|Gain on investments|||(37,516)|(36,932)|
|Profit on disposal offixed assets|||(429)||
|Interest received|||(127)|(97)|
|Rent received|||(3,250)|(10,680)|
|Decrease
in stocks|||9,841|9,523|
|Increase
in debtors|||(9,114)|(52,628)|
|Increase
in creditors|||60,102|2,859|
|Net cash (used in)/provided|by operations||(222,968)|372,376|
##
|||At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|---|---|
|||E|f|E|
|Net|cash||||
|Cash|at bank|677,420|238,281|915,701|
|||677,420|238,281|915,701|
|Tota|I|677,420|238,281|915,701|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.3.22|31.3.21|
||f|E|
|Donations|857,507|694,737|
|Legacies|212,394|675,697|
|Grants|8,000|55,891|
|Subscriptions|31,553|22,478|
||1,109,454|1,448,803|
##
|OTHER TRADING ACTIVITIES|||
|---|---|---|
||31.3.22|31.3.21|
||E|E|
|Fundra ising events||1,652|
|Shop income|81,700|99,929|
|Advertising|60|1,082|
|Raffle|6,999|10,986|
||88,759|113,649|
##
##
|31.3.22|31.3.21|
|---|---|
|f|E|
|3,250|10,680|
|127|97|
|3,377|10,777|
##
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||||E|E|
|Auditors'
remuneration||||5,500|4,750|
|Depreciation||||3,990|5,228|
|TOTAL EXPENDITURE||||||
||||Raising|Charitable|2022|
||||Funds|Activities|Total|
||||f|E|f|
|Staff costs||||654,918|654,918|
|Campaigns||||310,839|310,839|
|Festivals and|events|||6,501|6,501|
|Merchandise|costs||58,675||58,675|
|Other direct|costs|||137,925|137,925|
|Support and|governance|costs (see note 6)|57,104|260,038|317,142|
|Total expenditure|||115,779|1,370,220|1,485,999|
|Governance|costs totalled|E5,500 (2021:f4,750)||||
|Prior year comparative|||Raising|Charitable|2021|
||||Funds|Activities|Total|
||||f|E|E|
|Staff costs||||632,346|632,346|
|Campaigns||||168,362|168,362|
|Festivals and|events|||(4,799)|(4,799)|
|Merchandise|costs||73,306||73,306|
|Other direct|costs|||30,302|30,302|
|Support and|governance|costs (see note 6)|61,774|193,766|255,540|
|Total expenditure|||135,080|1,019,977|1,155,057|
##
|DIRECT COS|TS OF CHARITABLE ACTIVITIES|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||f|E|
|Staff costs||654,918|632,346|
|Premises costs||73,077|53,321|
|Other admin||30,205|13,196|
|ITsoftware||9,715|13,933|
|vveb costs||10,209|14,072|
|Depreciation||3,990|5,228|
|Postage||27,732|29,805|
|Motor &Travel||23,104|5,998|
|Equipment|hire|4,597|2,243|
|Audit
gr Accountancy||15,933|15,942|
|Professional|fees|15,817|17,093|
|Festiva Is th events||6,501|(4,799)|
|Campaigns||310,838|168,362|
|Other direct|costs|137,925|30,302|
|Freelancers||45,659|22,935|
|||1,370,220|1,019,977|
##
##
##
||||Method of|Raising|Charitable|2022|
|---|---|---|---|---|---|---|
||||allocation|funds|activities|Total|
|||||E|f|f|
|Premises costs|||Direct||73,077|73,077|
|Other admin|||Direct||30,205|30,205|
|ITsoftware|and consumables||Direct||9,715|9,715|
|Web costs|||Direct||10,209|10,209|
|Depreciation|||Direct||3,990|3,990|
|Postage|||Direct|57,104|27,732|84,836|
|Motor and travel|||Direct||23,104|23,104|
|Equipment|hire||Direct||4,597|4,597|
|Audit and accountancy||fees|Direct||15,933|15,933|
|Professional|fees||Direct||15,817|15,817|
|Freelancers|||Direct||45,659|45,659|
|||||57,104|260,038|317,142|
|Prior year comparative|||Method of|Raising|Charitable|2021|
||||allocation|funds|activities|Tota I|
|Premises costs|||Direct||53,321|53,321|
|Other admin|||Direct||13,197|13,197|
|ITsoftware|and consumables||Direct||13,933|13,933|
|Web costs|||Direct||14,072|14,072|
|Depreciation|||Direct||5,227|5,227|
|Postage|||Direct|61,774|29,805|91,579|
|Motor and travel|||Direct||5,998|5,998|
|Equipment|hire||Direct||2,243|2,243|
|Audit and accountancy||fees|Direct||15,942|15,942|
|Professional|fees||Direct||17,093|17,093|
|Freelancers|||Direct||22,935|22,935|
|||||61,774|193,766|255,540|
##
##
##
##
|STAFF|COSTS|||
|---|---|---|---|
|||31.3,22|31.3.21|
|||E|E|
|Wages|and salaries|581,688|560,894|
|Social|security costs|49,263|46,502|
|Other|pension costs|23,967|24,950|
|||654,918|632,346|
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|Average|head|count||22|23|
|No employees||received emoluments|in excess ofE60,000.|||
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
|||E|E|E|
|INCOME AND|ENDOWMENTS|FROM|||
|Donations
and|legacies|1,390,558|58,245|1,448,803|
|Other trading|activities|113,649||113,649|
|Investment
income||10,777||10,777|
|Total||1,514,984|58,245|1,573,229|
|EXPENDITURE|ON||||
|Raising funds||104,668|30,412|135,080|
##
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Tata I|
|||fund|funds|funds|
|||E|E|E|
|Charitable|activities||||
|General||964,155|55,822|1,019,977|
|Total||1,068,823|86,234|1,155,057|
|Net gains|on investments|36,932||36,932|
|NET INCOME/(EXPENDITURE)||483,093|(27,989)|455,104|
|Transfers|between
funds|(19,581)|19,581||
|Net movement
in funds||463,512|(8,408)|455,104|
|RECONCILIATION
OF FUNDS|||||
|Total funds|brought
forward|1,111,269|8,408|1,141,654|
|TOTAL FUNDS CARRIED FORWARD||1,574,781||1,574,781|
##
|10.|TANGIBLE FIXEDASSETS|||
|---|---|---|---|
||||Computer|
||||equipment|
||||f|
||COST|||
||At 1April 2021||54,399|
||Additions||3,280|
||Disposals||(2,031)|
||At 31March 2022||55,648|
||DEPRECIATION|||
||At 1April 2021||46,788|
||Charge for year||3,989|
||Eliminated
on disposal||(2,031)|
||At 31March 2022||48,746|
||NET BOOK VALUE|||
||At 31March 2022||6,902|
||At 31March 2021||7,611|
|11.|INVESTMENT PROPERTY|||
||FAIR VALUE|||
||At 1April 2021||763,207|
||Additions||302,484|
||Disposals||(763,207)|
||Revaluation||37,516|
||At 31March 2022||340,000|
||NET BOOK VALUE|||
||At 31March 2022||340,000|
||At 31March 2021||763,207|
||Fair value at 31March 2022 is represented|by:||
||||E|
||Valuation
in 2022||340,000|
##
|12.|STOCKS|||||||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
|||||||E|f|
||Stocks|||||38,247|48,088|
|13.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||31.3.22|31.3.21|
|||||||6|f|
||Trade debtors|||||12,083|4,358|
||Other debtors|||||857|8,010|
||VAT|||||8,836|17,117|
||Prepayments||and accrued income|||107,090|90,267|
|||||||128,866|119,752|
|14.|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||
|||||||31.3.22|31.3.21|
|||||||f|E|
||Trade creditors|||||66,151|21,734|
||Taxation|and|social security|||13,585|11,941|
||Other creditors|||||21,663|7,622|
|||||||101,399|41,297|
|15.|LEASING|AGREEMENTS||||||
||31.3.22|31.3.21|
|---|---|---|
||f|f|
|Within one year|26,400|26,400|
|Between one and five years|105,600|105,600|
|In more than five years||26,400|
||132,000|158,400|
##
|for th|e Year Ended 31|e Year Ended 31|March 20|March 20|22|||||
|---|---|---|---|---|---|---|---|---|---|
|16.|MOVEMENT
IN||FUNDS|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1.4.21|in funds|funds|31.3.22|
|||||||E|f|f|f|
||Unrestricted
funds|||||||||
||General fund|||||1,574,781|(225,368)|(54,763)|1,294,650|
||Restricted|funds||||||||
||Takeaway|the Meat||- TV|and|||||
||Production||||||(12,814)|12,814||
||Takeaway|the Meat||—TV|and|||||
||Broadcast|Crowdfund|||||(41,949)|41,949||
||Ukraine||||||33,667||33,667|
||||||||(21,096)|54,763|33,667|
||TOTALFUNDS|||||1,574,781|(246,464)||1,328,317|
||Net movement||in funds,||included|in the above are as follows:||||
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
|||||||E|E|E|E|
||Unrestricted
funds|||||||||
||General fund|||||1,065,848|(1,328,732)|37,516|(225,368)|
||Restricted|funds||||||||
||Furlough|Grant||||6,740|(6,740)|||
||Take away|the Meat||—TV|and|||||
||Production|||||24,232|(37,046)||(12,814)|
||Takeaway|the Meat||- TV|and|||||
||Broadcast|Crowdfund||||39,362|(81,311)||(41,949)|
||Ukraine|||||65,837|(32,170)||33,667|
|||||||136,171|(157,267)||(21,096)|
||TOTAL FUNDS|||||1,202,019|(1,485,999)|37,516|(246,464)|
##
##
|||||Prior|Net|Transfers||
|---|---|---|---|---|---|---|---|
|||||year|movement|between|At|
|||At 1.4.20
E|adjustment
f||in funds
E|funds
f|31.3.21
f|
|Unrestricted
funds||||||||
|General fund||1,133,246||(21,977)|483,093|(19,581)|1,574,781|
|Restricted|funds|||||||
|Hogwood|Campaign|8,408|||(16,883)|8,475||
|Billboards|Appeal||||(11,106)|11,106||
|||8,408|||(27,989)|19,581||
|TOTALFUNDS||1,141,654||(21,977)|455,104||1,574,781|
|Comparative
net movement||in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
||||||f|E|E|
|Unrestricted
funds||||||||
|General fund|||1,514,984||(1,068,823)|36,932|483,093|
|Restricted|funds|||||||
|Hogwood|Campaign|||280|(17,163)||(16,883)|
|Billboards|Appeal|||2,074|(13,180)||(11,106)|
|Furlough|Grant|||55,891|(55,891)|||
|||||58,245|(86,234)||(27,989)|
|TOTAL FUNDS|||1,573,229||(1,155,057)|36,932|455,104|
##
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