2022-03-31-accounts - Centre 81 Limited

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		Page
Report ofthe Trustees	I	to	10
Report ofthe Independent Auditors	11	to	13
Statement ofFinancial Activities		14
Balance Sheet
Cash Flow Statement		16
Notes to the Cash Flow Statement		17
Notes to the Financial Statements	18	to	27

Year:			17/18	18/19	19/20	20/21	21/22	22/23
Hourly Rate:			87.50	87.83	BL21	K8.72	Bl.91	89.50
NLW Cumulative		Impact:	50,000	f90,000	5120,000	6145,961	6186,335	5187,993
Pension/Auto	Pension Enrolment Annual			Costs to Centre	81:
15/16 612,528		16/17 %13,147	17/18 i]1,840	18/19 613,144	19/20 513,488	20/21 f11,675	21/22 XI(,355	22/23 X12,219

					31.3.22	31.3.21
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			27,872	698,186	726,058	420,822
Charitable activities
General charitable activities			560,283		560,283	505,940
Other trading activities		3	21,489		21,489	4,516
Other income			200,967		200,967	48,284
Total			810,611	698,186	1,508,797	979,562
EXPENDITURE ON
Raising funds		5	9,745		9,745	10,329
Charitable activities
General charitable activities
Skills and activities centre			304,638	33,076	337,714	301,360
Catering			42,371	2,916	45,287	34,360
Community transport			207,969	125,299	333,268	313,960
Governance costs			13,424	871	14,295	3,519
Total			578,147	162,162	740,309	663,528
NET INCOME			232,464	536,024	768,488	316,034
Transfers between funds		16	270,596	(270,596)
Net movement in funds			503,060	265,428	768,488	316,034
RECONCILIATION	OF FUNDS
Total funds brought	forward		588,581	62,191	650,772	334,738
TOTAL FUNDS CARRIED FORWARD			1,091,641	327,619	1,419,260	650,772

	Balance Sheet	Balance Sheet
	31	March 2022
				31.3.22	31.3.21
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	12	924,909		924,909	137,458
CURRENT ASSETS
Debtors	13	41,149		41,149	58,818
Cash at bank		314,629	327,619	642,248	493,106
		355,778	327,619	683,397	551,924
CREDITORS
Amounts falling due within one year	14	(189,046)		(189,046)	(38,610)
NET CURRENT ASSETS		166,732	327,619	494,351	513,314
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,091,641	327,619	1,419,260	650,772
NET ASSETS		1,091,641	327,619	1,419,260	650,772
FUNDS	16
Unrestricted funds				1,091,641	588,581
Restricted funds				327,619	62,191
TOTALFUNDS				1,419,260	650,772

			Cash Flow Statement
		for the	Year Ended 31March	2022
				31.3.22	31.3.21
		Notes
Cash llows from operating	activities
Cash generated from operations Interest paid				768,083	284,684 (59)
Net cash provided by operating activities				768,083	284,625
Cash flows from investing	activities
Purchase oftangible fixed assets Sale oftangible fixed assets				(866,505) 247,564	(19,647) 207,350
Net cash (used in)/provided	by investing	activities		(618,941)	187,703
Change in cash and cash equivalents		in
the reporting period Cash and cash equivalents	at the			149,142	472,328
beginning ofthe reporting	period			493,106	20,778
Cash and cash equivalents	at the end	of
the reporting period				642,248	493,106

			Notes to the Cash Flow Statement for the Year Ended 31March 2022	Notes to the Cash Flow Statement for the Year Ended 31March 2022
RECONCILIATION			OF NET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
					31.3.22	31.3.21
Net income	for the	reporting		period (asper the Statement ofFinancial
Activities)					768,488	316,034
Adjustments	for:
Depreciation	charges				24,282	24,187
Profit on disposal offixed assets					(192,792)	(48,261)
Interest paid						59
Decrease/(increase)		in debtors			17,669	(13,214)
Increase in creditors					150,436	5,879
Net cash provided		hy operations			768,083	284,684
ANALYSIS	OF CHANGES			IN NET FENDS
				At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank				493,106	149,142	642,248
				493,106	149,142	642,248
Total				493,106	149,142	642,248

2.	DONATIONS AND LEGACIE	S
							31.3.22	31.3.21
	Donations						37,486	55,593
	Grants						688,572	365,229
							726,058	420,822
	Included within Grants is government		funding of	f646,035 (2021:		f219,239)
	Grants received, included in the above, are as follows:
							31.3.22	31.3.21
	Norfolk Community Foundation	-Covid 19Local Resilience Fund						19,999
	Norfolk Community Foundation	-Norfolk Winter		Resilience Fund				5,000
	Norfolk County Council - Dept ofTransport Covid 19						71,248	69,960
	Norfolk County Council - Infection Control Fund						28,263	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
	GYBCRecovery &Growth Fund						7,500
	NCC Social Inhastucture Fund						250,000
	SCCLEP Fund						250,000
	Anglian Water Positive Difference Fund						10,000
	Sobell Foundation Fund						5,000
	Limbourne Trust						8,000
	Other grants						58,561	116,466
							688,572	365,229
3.	OTHER TRADING ACTIVITIES
							31.3.22	31.3.21
	Fundraising events						21,489	4,516

				31.3.22	31.3.21
		Activity			f
Community	transport	General charitable	activities	80,777	31,196
Skills and	activities income	General charitable	activities	459,774	465,779
Catering		General charitable	activities	19,732	8,965
				560,283	505,940

	Included within Income trom Charitable	Included within Income trom Charitable	Included within Income trom Charitable	funding of	6398,528 (2021:f444,	741)
5.	RAISING	FUNDS
	RAISING	DONATIONS	AND LEGACIES
					31.3.22	31.3.21
	Fundraising	expenditure			9,745	10,329
6.	CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 7)	Totals
				f.
	Skills and activities centre			337,714		337,714
	Catering			45,287		45,287
	Community	transport		333,268		333,268
	Governance	costs		4,225	10,070	14,295
				720,494	10,070	730,564
7.	SUPPORT	COSTS
						Governance
						costs
	Governance	costs				10,070
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated atter charging/(crediting):
					31.3.22	31.3.21
	Auditors' remuneration				10,070	3,460
	Depreciation	- owned assets			24,282	24,187
	Hire ofplant and machinery				3,752	3,048
	Surplus on disposal offixed assets				(192,792)	(48,261)

STAFF COSTS
			31.3.22	31.3.21
Wages and salaries			480,793	451,512
Social security costs			22,388	19,742
Other pension costs			12,219	11,675
			515,400	482,929
The average monthly	number ofemployees	during the year was as follows:
			31.3.22	31.3.21
Management and support staff			40	41

Manager. The total employment benefits (including employer pension contributions personnel were 880,217(2021:680,194).	Manager. The total employment benefits (including employer pension contributions personnel were 880,217(2021:680,194).	) for the key	management
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
			6
INCOME AND ENDOWMENTS FROM
Donations and legacies	106,667	314,155	420,822
Charitable activities
General charitable activities	505,940		505,940
Other trading activities	4,516		4,516
Other income	48,284		48,284
Total	665,407	314,155	979,562
EXPENDITURE ON
Raising funds	10,329		10,329
Charitable activities
General charitable activities
Skills and activities centre	202,102	99,258	301,360
Catering	28,343	6,017	34,360
Community transport	163,601	150,359	313,960
Governance costs	3,519		3,519
Total	407,894	255,634	663,528


11.	COMPARATIVES		FOR THE STATEMENT	OF FINANCIAL	ACTIVITIES -continued
					Unrestricted	Restricted	Total
					funds	funds	funds
	NET INCOME				257,513	58,521	316,034
	Transfers between	funds			2,329	(2,329)
	Net movement in funds				259,842	56,192	316,034
	RECONCILIATION		OF FUNDS
	Total funds brought		forward		328,738	6,000	334,738
	TOTAL FUNDS CARRIED FORWARD				588,580	62,192	650,772
12.	TANGIBLE FIXED		ASSETS
					Fixtures
				Freehold	and	Motor
				property f	fittings I	vehicles	Totals f
	COST
	At 1 April 2021			306,876	51,433	187,488	545,797
	Additions			840,353	8,152	18,000	866,505
	Disposals			(306,043)			(306,043)
	At 31 March 2022			841,186	59,585	205,488	1,106,259
	DEPRECIATION
	At 1 April 2021			246,008	29,866	132,465	408,339
	Charge for year			5,263	7,073	11,946	24,282
	Eliminated on disposal			(251,271)			(251,271)
	At 31March 2022				36,939	144,411	181,350
	NET BOOKVALUE
	At 31 March 2022			841,186	22,646	61,077	924,909
	At 31 March 2021			60,868	21,567	55,023	137,458

DEBTORS:	AMOUN	TS FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
Trade debtors			12,490	8,422
Other debtors			149	280
VAT			4,257	1,353
Prepayments	and accrued income		24,253	48,763
			41,149	58,818
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.22	31.3.21
Trade creditors			73,364	12,720
Social secwity and other taxes			6,249	4,514
Other creditors			1,058	430
Accruals and	deferred	income	108,375	20,946
			189,046	38,610

				31.3.22	31.3.21
Within one year				2,018	2,018
Between one and five years				2,139	3,675
				4,157	5,693
MOVEMENT IN	FUNDS
			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.22
Unrestricted funds
General fund		466,284	232,464	392,893	1,091,641
New Centre 81		122,297		(122,297)
		588,581	232,464	270,596	1,091,641
Restricted funds
New Centre 81		52,191	531,177	(265,681)	317,687
Awards for All		10,000	(1,332)	(8,167)	501
Skills (k Activities	Grants		9,431		9,431
Infection Control Fund			(3,252)	3,252
		62,191	536,024	(270,596)	327,619
TOTAL FUNDS		650,772	768,488		1,419,260

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	810,611	(578,147)	232,464
Restricted funds
New Centre 81 Awards for All Skills tk Activities Grants Community Transport Grants Infection Control Fund Coronavirus Community Support Fund	537,910 15,750 106,263 28,263 10,000	(6,733) (1,332) (6,319) (106,263) (31,515) (10,000)	531,177 (1,332) 9,431 (3,252)
	698,186	(162,162)	536,024
TOTALFUNDS	1,508,797	(740,309)	768,488

		Net	Transfers
		movement	between	At
	At 1.4.20	in funds	funds	31.3.21
Unrestricted funds
General fund New Centre 81	206,441 122,297	257,514	2,329	466,284 122,297
Restricted funds	328,738	257,514	2,329	588,581
New Centre 81 Awards for All RoofRepair Fund Infection Control Fund Coronavirus Support Fund Coronavirus Community Support Fund	6,000	46,191 10,000 5,000 2,206 129 (5,006)	(5,000) (2,206) (129) 5,006	52,191 10,000
	6,000	58,520	(2,329)	62,191
TOTALFUNDS	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 &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
A current year 12months				and prior year 12months	combined	position is as follows:
						Net	Transfers
						movement	between	At
					At 1.4.20	in funds	funds	31.3.22
Unrestricted	funds
General fund					206,441	489,978	395,222	1,091,641
New Centre	81				122,297		(122,297)
					328,738	489,978	272,925	1,091,641
Restricted funds
New Centre	81				6,000	577,368	(265,681)	317,687
Awards for	All					8,668	(8,167)	501
Skills &Activities		Grants				9,431		9,431
RoofRepair	Fund					5,000	(5,000)
Infection Control Fund						(1,046)	1,046
Coronavirus	Support Fund					129	(129)
Coronavirus	Community			Support Fund		(5,006)	5,006
					6,000	594,544	(272,925)	327,619
TOTAL FUNDS					334,738	1,084,522		1,419,260

	Incoming	Resources	Movement
	resources	expended	in funds
	8
Unrestricted funds
General fund	1,476,018	(986,040)	489,978
Restricted funds
New Centre 81 Awards for All Skills &Activities Grants Community Transport Grants RoofRepair Fund Infection Control Fund Coronavirus Support Fund Coronavirus Community Support Fund	584,101 10,000 20,750 190,423 5,000 62,067 30,000 110,000	(6.733) (1,332) (11,319) (190,423) (63,113) (29,871) (115,006)	577,368 8,668 9,431 5,000 (1,046) 129 (5,006)
	1,012,341	(417,797)	594,544
TOTAL FUNDS	2,488,359	(1,403,837)	1,084,522