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2023-03-31-accounts

Page
Trustees' Report 1 to 11
Independent
Examiner's		 Report 12 to 13
Statement
of Financial Activities		 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 27
Detailed Statement of Financial Activities 28 to 29

esources are deployed to support
our memb		 ers
in		 Skills and Activities
and
S4staff 32.42 FTE (49 2021 —2022 —29.6 FTE)
The split ofstaff by area is:
Executive team 4 = 4 FTE staff, (2 2 FTE2021 —2022)
Facilitation 22e =13.68 FTE (21 13.1 FTE 2021-2022)
Drivers 18 = 9.4 FTE (21 10.4 FTE 2021 - 2022)
Catering 3 = 2 FTE (2 1FTE —2021 —2022)
Support 7 = 3.34 FTE (6 3.7 FTE 2021 —2022)

for the Year Ended 31Ma rch 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes E E E E
Income and endowments from
Donations
and legacies		 2 21,480 361,666 383,146 726,058
Charitable
activities
General charitable activities 597,299 597,299 560,283
Other trading activities 3 5,698 5,698 21,489
Other income 1,122 1,122 200,967
Total 625,599 361,666 987,265 1,508,797
Expenditure
on
Raising funds 5 9,605 9,605 9,745
Charitable
activities
General charitable activities
Skills and activities 478,432 6,928 485,360 337,714
Catering 56,024 56,024 45,287
Community
transport		 273,411 35,407 308,818 333,268
Governance
costs		 21,828 21,828 14,295
Total 839,300 42,335 881,635 740,309
NET INCOME/(EXPENDITURE) (213,701) 319,331 105,630 768,488
Transfers between funds 18 609,014 (609,014)
Net movement
in funds		 395,313 (289,683) 105,630 768,488
Reconciliation
offunds
Total funds brought forward 1,091,641 327,619 1,419,260 650,772
Total funds carried forward 1,486,954 37,936 1,524,890 1,419,260
2023 2022
Unrestncted Restricted Total Total
funds funds funds funds
Notes E E E E
Fixed assets
Tangible assets 12 1,865,125 1,865,125 924,909
Current assets
Debtors 13 57,572 14,664 72,236 41,149
Cash at bank 3,032 23,272 26,304 642,249
60,604 37,936 98,540 683,398
Creditors
Amounts
falling due within		 one year 14 (135,441) (135,441) (189,047)
Net current (liabilities)/assets (74,837) 37,936 (36,901) 494,351
Total assets less current liabilities 1,790,288 37,936 1,828,224 1,419,260
Creditors
Amounts
falling due after		 more than one 15 (303,334) (303,334)
year
NET ASSETS 1,486,954 37,936 1,524,890 1,419,260
Funds 18
Unrestricted funds 1,486,954 1,091,641
Restricted
funds		 37,936 327,619
Total funds 1,524,890 1,419,260

2023 2022
Notes E E
Cash flows from operating activities
Cash generated
from operations
1		 22,239 768,084
Net cash provided
by operating
activities		 22,239 768,084
Cash flows from investing activities
Purchase oftangible
fixed		 assets (963,184) (866,505)
Sale oftangible
fixed assets		 247,564
Net cash used
in investing		 activities (963,184) (618,941)
Cash flows from financing activities
New loans
in year		 325,000
Net cash provided
by financing
activities		 325,000
Change
in cash and cash equivalents
in the reporting
period		 (615,945) 149,143
Cash and cash equivalents at the
beginning
ofthe reporting		 period 642,249 493,106
Cash and cash equivalents at the end
ofthe reporting
period		 26,304 642,249

2023 2022
E E
Net income for the reporting period (as per the Statement of
Financial Activities) 105,630 768,488
Adjustments
for:
Depreciation
charges		 21,522 24,282
Loss/(profit)
on disposal offixed assets		 1,445 (192,792)
(Increase)/decrease in debtors (31,085) 17,669
(Decrease)/increase in creditors (75,273) 150,437
Net cash provided by operations 22,239 768,084

At 1.4.22 Cash flow At 31.3.23
E f E
Net cash
Cash at bank 642,249 (615,945) 26,304
642,249 (615,945) 26,304
Debt
Debts falling due within 1year (21,667) (21,667)
Debts falling due after 1year (303,334) (303,334)
(325,001) (325,001)
Total 642,249 (940,946) (298,697)

2023 2022
E E
Donations 17,061 37,486
Grants 366085 688572
383 146 726 058
Grants received, included in the above are as follows:
2023 2022
E E
National
Lottery		 262,500
G Watling 50,000
Norfolk County Council —Dept of Transport Covid 19 71,248
Norfolk County Council - Infection Control fund 28,263
GYBC Recovery & Growth Fund 7,500
NCC Social infrastructure Fund 250,000
SCC LEP Fund 250,000
Anglian Water Positive Difference Fund 10,000
Sobell Foundation Fund 5,000
Limbourne
Trust		 8,000
Other grants 53585 58561
366085 688572

2023 2022
E 6
Fundra ising events 5,698 21,489
Income from charitable activities
2023 2022
Activity E E
Community transport General charitable activities 95,004 80,777
Skills and activities income General charitable activities 479,529 459,774
Catering General charitable activities 14,955 19,732
Tea bar General charitable activities 7,811
597,299 560,283
Raising funds
Raising donations and legacies
2023 2022
6 E
Fundraising expenditure 9,605 9,745
Charitable
activities costs
Support
Direct costs (see
Costs note 7) Totals
6 f E
Skills and activities 485,360 485,360
Catering 56,024 56,024
Community transport 308,818 308,818
Governance costs 11,828 10,000 21,828
862,030 10,000 872,030
Support costs
Governance
costs
E
Governance costs 10,000
Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2023 2022
6 E
Auditors'
remuneration		 10,070
Independent examination 6,825
Depreciation —owned assets 21,523 24,282
Hire of plant and machinery 3,752
(Deficit)/surplus
on disposal offixed assets		 1,445 (192,792)

Staff c osts
2023 2022
f E
Wages and salaries 582,377 480,793
Social security costs 24,542 22,388
Other pension costs 14,290 12,219
621,209 515,400
2023 2022
Management and support 49 40

Unrestricted Restricted Total
funds funds funds
E E E
Income and endowments from
Donations
and legacies		 27,872 698,186 726,058
Charitable
activities
General charitable activities 560,283 560,283
Other trading
activities		 21,489 21,489
Other income 200,967 200,967
Total 810,611 698,186 1,508,797
Expenditure
on
Raising funds 9,745 9,745
Charitable
activities
General charitable activities
Skills and activities 304,638 33,076 337,714
Catering 42,371 2,916 45,287
Community
transport		 207,969 125,299 333,268
Governance
costs		 13,424 871 14,295
Total 578,147 162,162 740,309
NET INCOME 232,464 536,024 768,488
Transfers between funds 270,596 (270,596)
Net movement
in funds		 503,060 265,428 768,488
Reconciliation
offunds
Total funds brought forward 588,581 62,191 650,772
Total funds carried forward 1,091,641 327,619 1,419,260

Tangible fixed assets
Fixtures
Freehold and Motor
property fittings vehicles Totals
E E E E
Cost
At 1April 2022 841,186 59,585 205,488 1,106,259
Additions 916,929 28,255 18,000 963,184
Disposals (11,974) (11,974)
At 31March 2023 1,758,115 75,866 223,488 2,057,469
Depreciation
At 1April 2022 36,939 144,411 181,350
Charge for year 9,646 11,877 21,523
Eliminated
on disposal		 (10,529) (10,529)
At 31March 2023 36,056 156,288 192,344
Net book value
At 31March 2023 1,758,115 39,810 67,200 1,865,125
At 31March 2022 841,186 22,646 61,077 924,909

Debtors: amounts falling due within one year
2023 2022
E E
Trade debtors 45,231 12,490
Other debtors 190 149
VAT 2,286 4,257
Prepayments 24,529 24,253
72,236 41,149
Creditors: amounts falling due within one year
2023 2022
E E
Bank loans and overdrafts (see note 16) 21,667
Trade creditors 70,672 73,365
Social security and other taxes 7,341 6,249
Other creditors 2,804 1,058
Accrued expenses 32,957 108,375
135,441 189,047

15. Creditors: amounts
falling		 due after more t han one ye ar
2023 2022
E E
Bank loans (see note 16) 303,334
During the year a loan was taken out which is secured on the property.
16. Loans
An analysis ofthe maturity ofloans is given below:
2023 2022
E E
Amounts falling due within one year on demand:
Loans 21,667
Amounts falling due between
two and five years:
Loans 86,667
Amounts falling due in more than five years:
Repayable by instalments:
Loans 216,667
17. Leasing agreements
2023 2022
f f
Within one year 2,476 2,018
Between one and five years 2,139
2,476 4,157

Movement
in funds
Net Transfers
movement between
At 1.4.22 in funds funds At 31.3.23
E E E E
Unrestricted
funds
General
fund		 1,091,641 (213,701) 609,014 1,486,954
Restricted funds
New Centre 81 317,687 312,500 (606,701) 23,486
Awards for all 501 (935) 434
Skills and activities 9,431 7,766 (2,747) 14,450
327,619 319,331 (609,014) 37,936
TOTAL FUNDS 1,419,260 105,630 1,524,890
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E E E
Unrestricted
funds
General fund 625,599 (839,300) (213,701)
Restricted funds
New Centre 81 312,500 312,500
Awards for all (935) (935)
Skills and activities 13,759 (5,993) 7,766
Community
transport		 35,407 (35,407)
361,666 (42,335) 319,331
TOTAL FUNDS 987,265 (881,635) 105,630
Comparatives
for movement		 in funds
Net Transfers
movement between
At 1.4.21 in funds funds At 31.3.22
E E E E
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 and activities 9,431 9,431
Infection control fund (3,252) 3,252
62,191 536,024 (270,596) 327,619
TOTALFUNDS 650772 768488 1419260

Incoming Resources Movement
resources expended in funds
f f E
Unrestricted funds
General
fund		 810,611 (578,147) 232,464
Restricted funds
New Centre 81 537,910 (6,733) 531,177
Awards for all (1,332) (1,332)
Skills and activities 15,750 (6,319) 9,431
Community transport 106,263 (106,263)
Infection control fund 28,263 (31,515) (3,252)
Coronavirus community support fund 10,000 (10,000)
698,186 (162,162) 536,024
TOTALFUNDS 1,508,797 (740,309) 768,488
Net Transfers
movement between
At 1.4.21 in funds funds At 31.3.23
E E f E
Unrestricted funds
General
fund		 466,284 18,763 1,001,907 1,486,954
New Centre 81 122,297 (122,297)
588,581 18,763 879,610 1,486,954
Restricted funds
New Centre 81 52,191 843,677 (872,382) 23,486
Awards for all 10,000 (2,267) (7,733)
Skills and activities 17,197 (2,747) 14,450
Infection control fund (3,252) 3,252
62,191 855,355 (879,610) 37,936
TOTALFUNDS 650,772 874,118 1,524,890

Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
General fund 1,436,210 (1,417,447) 18,763
Restricted funds
New Centre 81 850,410 (6,733) 843,677
Awards for all (2,267) (2,267)
Skills and activities 29,509 (12,312) 17,197
Community
transport		 141,670 (141,670)
Infection control fund 28,263 (31,515) (3,252)
Coronavirus
community		 support fund 10,000 (10,000)
1,059,852 (204,497) 855,355
TOTAL FUNDS 2,496,062 (1,621,944) 874,118

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Income and endowments
Donations and legacies
Donations 17,061 17,061 37,486
Grants 4,419 361,666 366,085 688,572
21,480 361,666 383,146 726,058
Other trading activities
Fundraising events 5,698 5,698 21,489
Charitable
activities
Community transport 95,004 95,004 80,777
Skills and activities income 479,529 479,529 459,774
Catering 14,955 14,955 19,732
Tea bar 7,811 7,811
597,299 597,299 560,283
Other income
Gain on sale oftangible fixed assets 192,792
VAT recovered 7,927
Bank interest 1,122 1,122 248
1,122 1,122 200,967
Total incoming resources 625,599 361,666 987,265 1,508,797
Expenditure
Raising donations
and legacies
Fundraising expenditure 9,605 9,605 9,745
Charitable
activities
Wages 577,622 4,755 582,377 480,793
Social security 24,542 24,542 22,388
Pensions 14,290 14,290 12,219
Hire of plant and machinery 3,752
Sundries 165,340 37,580 202,920 177,060
Non recoverable
VAT		 14,934 14,934
Depreciation oftangible fixed assets 21,522 21,522 24,282
Loss on sale of intangible fixed assets 1,445 1,445
819,695 42,335 862,030 720,494

Governance costs
Auditors'
remuneration		 10,070
Independent examination 6,825 6,825
Accountancy 3,175 3,175
10,000 10,000 10,070
Total resources expended 839,300 42,335 881,635 740,309
Net income (213,701) 319,331 105,630 768,488