|||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|
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|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|
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||||||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|
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||||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|
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|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|Activities|is government|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)|
##
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|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|
##
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|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|
##
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||||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|
##
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|||||||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|
##
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||||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|
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