2021-03-31-accounts - Centre 81 Limited

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			Page
Report ofthe Trustees		1	to	10
Independent Examiner's	Report
Statement ofFinancial Activities			12
Balance Sheet			13
Cash Flow Statement			14
Notes to the Cash Flow	Statement
Notes to the Financial Statements		16	to	25

Year:				16/17	17/18	18/19	19/20	20/21	21/22
Hourly Rate:				f7.20	87.50	K7.83	88.21	K8.72	88.91
NLW Cumulative		Impact:		630,000	$60,000	690,000	$120,000	6145,961	6186,335
Pension/Auto	Pension Enrolment			Annual	Costs to Centre	81:
14/15		15/16		16/17	17/18	18/19	19/20	20/21	21/22
f4,533		612,528	613,147		611,840	13,144	13,488	11,675	11,355

	for the Yea	r Ended 31March	2021
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		106,667	314,155	420,822	101,304
Charitable activities
General charitable activities		505,940		505,940	632,782
Other trading activities		4,516		4,516	22,341
Other income		48,284		48,284	1,824
Total		665,407	314,155	979,562	758,251
EXPENDITURE ON
Raising funds	5	10,329		10,329	11,691
Charitable activities
General charitable activities
Skills and activities centre		202,102	99,258	301,360	320,775
Catering		28,343	6,017	34,360	50,651
Community transport		163,601	150,359	313,960	384,145
Governance costs		3,519		3,519	1,064
Total		407,894	255,634	663,528	768,326
NKT INCOME/(EXPENDITURE)		257,513	58,521	316,034	(10,075)
Transfers between funds	16	2,329	(2,329)
Net movement in funds		259,842	56,192	316,034	(10,075)
RECONCILIATION OF	FUNDS
Total funds brought forward		328,738	6,000	334,738	344,813
TOTAL FUNDS CARRIED FORWARD		588,580	62,192	650,772	334,738
CONTINUING OPERATIONS
All income and expenditure	has arisen from continuing	activities.

	31M	arch 2021
				31,3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes		f.	6	6
FIXEDASSETS
Tangible assets	12	137,458		137,458	301,087
CURRENT ASSETS
Debtors	13	58,818		58,818	45,604
Cash at bank		430,915	62,191	493,106	20,778
		489,733	62,191	551,924	66,382
CREDITORS
Amounts falling due within one year	14	(38,610)		(38,610)	(32,731)
NET CURRENT ASSETS		451,123	62,191	513,314	33,651
TOTAL ASSETSLESSCURRENT
LIABILITIES		588,581	62,191	650,772	334,738
NET ASSETS		588,581	62,191	650,772	334,738
FUNDS	16
Unrestricted funds				588,581	328,738
Restricted funds				62,191	6,000
TOTAI, FUNDS				650,772	334,738

		for the Year Ended	31March 2021
			31.3.21	31.3.20
		Notes
Cash flows from operating	activities
Cash generated from operations			284,684	31,917
Interest paid			(59)	(12)
Net cash provided by operating activities			284,625	31,905
Cash flows from investing	activities
Purchase oftangible fixed assets			(19,647)	(47,739)
Saleoftangible fixed assets			207,350	870
Net cash provided by/(used	in) investing	activities	187,703	(46,869)
Change in cash and cash equivalents		in
the reporting period			472,328	(14,964)
Cash and cash equivalents	at the
beginning ofthe reporting	period		20,778	35,742
Cash and cash equivalents	at the end	of
the reporting period			493,106	20,778

						31.3.21	31.3.20
Net income/(expenditure)			for the reporting	period (as per the
Statement ofFinancial Activities)						316,034	(10,075)
Adjustments	for:
Depreciation	charges					24,187	21,049
Profit on disposal offixed assets						(48,261)	(870)
Interest paid						59	12
(Increase)/decrease		in debtors				(13,214)	6,517
Increase in creditors						5,879	15,284
Net cash provided		by operations				284,684	31,917
ANALYSIS	OFCHANGES IN NET FUNDS
					At 1.4.20	Cash flow	At 31.3.21
							I
Net cash
Cash at bank					20,778	472,328	493,106
					20,778	472,328	493,106
Total					20,778	472,328	493,106

									31.3.21	31.3.20
									8
	Donations								55,593
	Grants								365,229	101,304
									420,822	101,304
	Included within Grants is government				funding of8219,239(2020:			826,438)
	Grants received, included in the			above,	are	as follows:
									31.3.21	31.3.20
	Norfolk Community		Foundation	-Covid 19Local Resilience Fund					19,999
	Norfolk Cominunity		Foundation	-Norfolk Winter Resilience Fund					5,000
	Norfolk County Council - Dept ofTransport					Covid 19			69,960
	Norfolk County Council - infection Control					Fund			33,804
	The Edward	Gostling	Foundation						10,000
	The National	Lottery	Community	Fund - Coronavirus			Community	Support	100,000
	Fund
	The National	Lottery	Community	Fund	- Awards for All				10,000
	Other grants								116,466	101,304
									365,229	101,304
3.	OTHER TRADING		ACTIVITIES
									31.3.21	31.3.20
	Fundraising	events							4,516	22,341

		Notes tothe Financial	Notes tothe Financial	Statements - continued
		forthe Year En		IM r h2021
INCOME	FROM CHARITABLE ACTIVITIES
					31.3.21	31.3.20
		Activity
Community	transport	General charitable	activities		31,196	135,270
Skills and	activities income	General charitable	activities		465,779	470,659
Catering		General charitable	activities		8,965	26,853
					505,940	632,782

	Raising donations	Raising donations	and legacies	and legacies
						31.3.21	31.3.20
	Fundraising	events				10,329	11,691
6.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 7)	Totals
	Skills and activities		centre		301,360		301,360
	Catering				34,360		34,360
	Community	transport			313,960		313,960
	Governance	costs				3,519	3,519
					649,680	3,519	653,199
7.	SUPPORT	COSTS
						Governance
					Finance	costs	Totals
							f
	Governance	costs			59	3,460	3,519
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated atter charging((crediting):
						31.3.21	31.3.20
	Auditors' remuneration					3,460	3,660
	Depreciation	- owned assets				24,187	21,049
	Hire ofplant	and machinery				3,048	3,444
	Surplus on disposal		offixed assets			(48,261)	(870)

Manager and Business Development Manager. The total employment benefits contributions) for the key management personnel were $80,194(2020:$83,829).	Manager and Business Development Manager. The total employment benefits contributions) for the key management personnel were $80,194(2020:$83,829).	(including empl	oyer pensio
COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	2,140	99,164	101,304
Charitable activities
General charitable activities	632,782		632,782
Other trading activities	22,341		22,341
Other income	1,824		1,824
Total	659,087	99,164	758,251
EXPENDITURE ON
Raising funds	11,691		11,691
Charitable activities
General charitable activities
Skills and activities centre	261,545	59,230	320,775
Catering	50,651		50,651
Cominunity transport	384,145		384,145
Governance costs	1,064		1,064


11.	COMPARATIVES FORTHK STATEMENT		OFFINANCIAL	ACTIVITIES - continued
				Unrestricted	Restricted	Total
				funds	funds	funds
						8
	Total			709,096	59,230	76$,326
	NET INCOME/(EXPENDITURE)			(50,009)	39,934	(10,075)
	Transfers between funds			47,620	(47,620)
	Net movement in funds			(2,389)	(7,686)	(10,075)
	RECONCILIATION	OF FUNDS
	Total fuads brought	forward		331,127	13,686	344,813
	TOTAL FUNDS CARRIED FORWARD			328,738	6,000	334,738
12.	TANGIBLE FIXED	ASSETS
				Fixtures
			Freehold	and	Motor
			property	fittings	vehicles	Totals
	COST
	At 1 April 2020		473,601	39,136	233,338	746,075
	Additions		7,350	12,297		19,647
	Disposals		(174,075)		(45,850)	(219,925)
	At 31March 2021		306,876	51,433	187,488	545,797
	DEPRECIATION
	At 1 April 2020		252,536	25,329	167,123	444,988
	Charge foryear		8,458	4,537	11,192	24,187
	Eliminated on disposal		(14,986)		(45,850)	(60,836)
	At 31March 2021		246,008	29,866	132,465	408,339
	NET BOOKVALUE
	At 31March 2021		60,868	21,567	55,023	137,458
	At 31March 2020		221,065	13,807	66,215	301,087

DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
Trade debtors		8,422	36,482
Other debtors		280
VAT		1,353	587
Prepayments	and accrued income	48,763	8,535
		58,818	45,604
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
Trade creditors		12,720	2,363
Social security and other taxes		4,514	6,871
Other creditors		430	1,281
Accruals and	deferred income	20,946	22,216
		38,610	32,731

					31.3.21	31.3.20
Within one year					2,018	2,731
Between one and five years					3,675	5,693
					5,693	8,424
MOVKMEiVT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.21
			f		6
Unrestricted	funds
General fund			206,441	257,514	2,329	466,284
New Centre	81		122,297			122,297
			328,73&	257,514	2,329	588,581
Restricted funds
New Centre	81		6,000	46,191		52,191
Awards for All				10,000		10,000
RoofRepair	Fund			5,000	(5,000)
InFection Control Fund				2,206	(2,206)
Coronavirus	Support Fund			129	(129)
Coronavirus	Community	Support Fund		(5,006)	5,006
			6,000	58,520	(2,329)	62,191
TOTALIIUNDS			334,738	316,034		650,772

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	funds
General fund				665,407	(407,893)	257,514
Restricted funds
New Centre	81			46,191		46,191
Awards for All				10,000		10,000
Skills tk Activities Grants				5,000	(5,000)
Community	Transport	Grants		84,160	(84,160)
RoofRepair	Fund			5,000		5,000
Infection Control Fund				33,804	(31,598)	2,206
Coronavirus	Support Fund			30,000	(29,871)	129
Coronavirus	Community		Support Fund	100,000	(105,006)	(5,006)
				314,155	(255,635)	58,520
TOTAL FUNDS				979,562	(663,528)	316,034

				Net	Transfers
				movement	between	At
			At 1.4.19	in funds	funds	31.3.20
				8
Unrestricted	funds
General fund			208,830	(50,009)	47,620	206,441
New Centre	81		122,297			122,297
			331,127	(50,009)	47,620	328,738
Restricted funds
New Centre	81			6,000		6,000
Skills &Activities Grants				11,934	(11,934)
Community	Transport	Grants	13,686	22,000	(35,686)
			13,686	39,934	(47,620)	6,000
TOTAL FUNDS			344,813	(10,075)		334,738

							incoming	Resources	Movement
							resources	expended	in funds
Unrestricted	funds
General fund							659,087	(709,096)	(50,009)
Restricted funds
New Centre	81						6,000		6,000
Skills &Activities		Grants					34,762	(22,828)	11,934
Community	Transport		Grants				58,402	(36,402)	22,000
							99,164	(59,230)	39,934
TOTAL FUNDS							758,251	(768,326)	(10,075)
A current year 12months				and prior year 12months combined		position	is as follows:
							Net	Transfers
							movement	between	At
					At 1.4.19		in funds	funds	31.3.21
L'nrestricted	funds
General fund					208,830		207,505	49,949	466,284
New Centre	81				122,297				122,297
					331,127		207,505	49,949	588,581
Restricted funds
New Centre	81						52,191		52,191
Awards for All							10,000		10,000
Skills &Activities Grants							11,934	(11,934)
Community	Transport		Grants		13,686		22,000	(35,686)
RoofRepair	Fund						5,000	(5,000)
Infection Control Fund							2,206	(2,206)
Coronavirus	Support Fund						129	(129)
Coronavirus	Community			Support Fund			(5,006)	5,006
					13,686		98,454	(49,949)	62,191
TOTAL FUNDS					344,813		305,959		650,772

				Incoming	Resources	Movement
				resources	expended	in funds
						g
Unrestricted	funds
General fund				1,324,494	(1,116,989)	207,505
Restricted funds
New Centre	81			52,191		52,191
Awards for All				10,000		10,000
Skills &Activities Grants				39,762	(27,828)	11,934
Cornrnunity	Transport	Grants		142,562	(120,562)	22,000
RoofRepair	Fund			5,000		5,000
Infection Control Fund				33,804	(31,598)	2,206
Coronavirus	Support Fund			30,000	(29,871)	129
Coronavirus	Cotnmunity		Support Fund	100,000	(105,006)	(5,006)
				413,319	(314,865)	98,454
TOTAL FUNDS				1,737,813	(1,431,854)	305,959