##
|||Page||
|---|---|---|---|
|Chair ofTrustees Report||||
|Report ofthe Trustees||to||
|Report of the Independent
Auditors|9|to|12|
|Statement
of Financial
Activities||l3||
|Balance Sheet||i4||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||||
|Notes to the Financial
Statements|l7|to|26|
|Detailed Statement
ofFinancial Activities|27|to|~9|
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|FOR THE YEAR ENDED|31 MA|RCH 202|2|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restri(;ted|Total|Total|
|||||Iunds|fund|funds|funds|
||||Notes||||f,|
|INCOME AND EVDOVi'MENTS
Donations
and legacies||FRONI||36,059|30,919||153,611|
|Charitable
activities
Activities to further
charity's|objectives|||1,259.534||1,259,534|1,123,351|
|Other trading
activities
Investment
income||||34,388
2,323||34,388
2,323|33 452
2,560|
|Total||||1,332,304|30,919|1,363,223|1,312,974|
|EXPENDITURE ON
Raising funds|||||||2,275|
|Charitable
activities||||||||
|Direct charitable
expenditure
Management
and administration||||1,152,197
121,191|5'2,319
3,688|I,204,516
124,879|1,054,065
121,064|
|Total||||1,278,381|56,007|1,334,388|1,177.404|
|NFT INCOItrlEI( EXPEND|ITU RE)||||125,088)|28,835|135,570|
|RECONCILIATION
OF|FUNDS|||||||
|Total funds brought
fonvard||||562,014|48 951|610,965|475,395|
|TOTAL FL'NDS CARRIFD FORA'ARD||||615,937||639,800|610,965|
##
|BALANCE SHFET
3I MARCH 2022|||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets||13|29,816||29,816|22,416|
|CURRENT ASSETS|||||||
|Debtors||14|70„199||70,199|83,546|
|Cash at bank and in hand|||608,967|23,863|632,830|597,298|
||||679,166|23,863|703,029|680,844|
|CREDITORS|||||||
|Amounts
falling due within|one year|15|(93,045)||(93,045)|(92,295)|
|NET CURRENT ASSETS|||586,121|23,863|609,984|588,549|
|TOTAL ASSFTS LESSCURRENT|||||||
|LIABILITIES|||615,937|23,863|639,800|610,965|
|NET ASSETS|||616,9'7|23,&63|639,800|610,965|
|FUNDS||17|||||
|Unrestricted
funds|||||615,937|562,014|
|Restricted
funds|||||23,863|48,951|
|TOTAL FUNDS|||||6'9,600|610,965|
|CASH FLOW STATEME
FOR THF. YEAR EVDFD|NT
31 MARC|H 2|022|||
|---|---|---|---|---|---|
|||||30o2|2021|
||||Notes|||
|Cash flows from operating
activities
Cash generated
from operations||||51,351|166,662|
|Net cash provided
by operating
activities||||51,351|166,662|
|Cash flows from investing
activities
Purchase oftangible
fixed assets
)merest received||||(18,142)
2,323|f(6,28()
2,560|
|Net crush used in investing|activities|||(15,819)|(13,721)|
|Change in cash and cash
the reporting
period|equivalents|in||35.532|152,941|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||||444,357|
|Cash and cash equivalents
the reporting
period|at the end|of||632,830|597,298|
##
##
|TO THF. CASH FI.OW SrATEWIFNT
HE YEAR FNDFD 31 I%LARCH 2022|TO THF. CASH FI.OW SrATEWIFNT
HE YEAR FNDFD 31 I%LARCH 2022|TO THF. CASH FI.OW SrATEWIFNT
HE YEAR FNDFD 31 I%LARCH 2022|||
|---|---|---|---|---|
|RFCONCII.IATION OF NE1 INCOME TO NFT CASH FI.OW FROM|||OPERATING||
|ACTI Y ITIES|||||
||||022|2021|
|Net income for the
Activities)|reporting|period (as per the Statement ofFinancial|28,835|)35,S70|
|Adjustments
for:
Depreciation
charges
Loss on disposal
ol' t)wed assets
Interest received|||10,-')75
267
(2,323)|8,S I S
(2,560)|
|Decrease in debtors|||13,347|5,833|
|Increase in creditors|||750|19,304|
|Net cash provided|by operations||51,351|166,662|
|ANALYSIS OF CHANGES||IN NET FUNDS|||
|||At 13.21|Cash t)ovv|At 31.3.22|
|||||f.|
|Net cash|||||
|Cash at bank and in|hand|597 298|35,532|632,830|
|||597,298|35,532|632,830|
|Total||597 295|35,532|632.539|
##
##
##
##
##
|DONATIONS
ANDLEGAC|I|ES|||
|---|---|---|---|---|
||||20n'i|2021|
|||||f.|
|Donations
- miscellaneous|||18,127|17,752|
|Anonymous
donations
BANES Heatthwatch|||3,896|lo,noo|
|Cam Valley Rotary
Thc Sperring Charity
Commimity
Fund 'Ncighbourly
Bath Half Marathon
Sponsorship|||Soo
5,180
2,855|4,980
400
3,885|
|Bath Half Marathon
Fund|||1,723||
|BBCChildren
in Need||||4,86S|
|Bookbarn||||114|
|The Medlock Charitable
Trust|||5,000|2,000|
|Western
Power||||750|
|Radstock I.abour Party
The Rotary Club ofBath
The Roper Family Charitable
HCRG Care Services Ltd|Tiust||700|250
300
20,000|
|Mcncap —Let's Cret Digital
l.und
The Football Fund|||7,275
l,onn||
|Westport
B&NES Community
Wellness
The Connaught
Lodge
John Cul lum||Fund|2,368
2,000|3,531
600|
|PSJ Miners Welfare|||20()||
|Wessex Water Community
Fund||||914|
|Gasex Ltd||||2,000|
|Radstock Town Council|||956||
|W'estfield
Parish Council|||1,000|1,000|
|BONES Council||||750|
|Midsomer
Norton
Sr. Radstock|Roiary Club||2,000||
|BANES Big Local
The Society ofMerchant
Venturers
Chri stmas Raffle|||500|4,975
914|
|Quartet Community
Foundation||Express Programme||3,905|
|National
Lottery||||6,802|
|Richard
Dunn||||250|
|Sponsored
events
Quartet Resiliencc Programme|||8,800|1,941
8,101|
|St John's Foundation||||23,351|
|The Rotary
C.'lub ofSon&cr Valley||||750|
|Ciroundwork
UK||||500|
|CAF Resilience Fund||||25,531|
|Bath and West C'ommunity
Energy Fund Grant
Midsomer
Norton Town Council|||1,500|1,000
1,500|
||||i6,F7F|153,611|
##
##
|.|||||||||?077|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f||
||Membership
income||||||||1,560|624|
||Consultancy
tees||||||||32,828|32,828|
||||||||||34,388|33,452|
|4|INVESTMENT|INCOME|||||||||
||||||||||3027|2071|
||Bank interesl||||||||-' 323|2,560|
||INCOMV. FROM CHARITABLV. ACTIVITIES||||||||||
||||||||||2072|7021|
||||||Activity||||||
||Domiciliary
support||||Activities|to finther|charity's|objccuves|6n6,633|597,773|
||Housing
benefit & rent
Work skills||||Activities
Activities|to further
to further|charity's
charity's|objectives
objectives|138,039
158,482|129,125
112,010|
||Grants||||Activities|to turther|charity's|objectives|119,422|157,992|
||Fitness club||||Activities|to further|charity's|objective~|2,974|305|
||Music workshop||||Activities|to further|charity's|objectives|320||
||Arts and crafts||||Activities|to further|charity's|objectives|35,173|22,087|
||Bast.. house stays||||Activities|to 1'urther|charity's|objectives|65,383|43,578|
||Drama and yoga|course|||Activltl e!1|to further|charity's|objectives|40,148|25,131|
||Young people in ome
Orchard Hall activities||||Acti vii les
Acti vltlcs|to further
to further|charity's
charity's|objectives
objectives|468
16,082|6,686|
||Course. s||||Activities|to furihcr|charity's|objectives|29,376|16,696|
||Cafe takings||||Actlvltlcs|to further|charity's|objectives|47,034|11,948|
||||||||||3I39 333|1,123,351|
||Grants received,|included||in the|above, are as follows:||||||
||||||||||2()27|7021|
||||||||||f.||
||B&NES Funding||||||||25,355|25,354|
||B&NES Supporting||People||||||47,087|47,087|
||B&NFS Supplier|Relief||||||||55,868|
||B&NES Infection Control||||||||46,980|27,317|
||B&NFS Lateral Flow Testing|||||||||787|
||B&NL'S Pl'E|||||||||1,579|
||||||||||313,3 "|157,992|
##
|6.|RAISING FUNDS|RAISING FUNDS||||||
|---|---|---|---|---|---|---|---|
||Other trading
activities|||||a022|2021|
||Fundraising|events||||4,993|2 275|
|7.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||(.Osts|note 8)|Totals|
||Direct charitable
expenditure||||428,080|776,436|1,204,516|
||Management|and administration||||124,879|124,879|
||||||428,080|901,315|1,329,395|
|8.|SUPPORT|COSTS||||||
|||||||Govefnal1ce||
|||||Mana geinent|Finance|costs|Totals|
||Direct charitable
expenditure|||776,436|||776,436|
||Management|and administration|||114,887||124,879|
|||||776636|I l4,Rf!7|9,992|901,315|
|||||||2022|2021|
||Management|||||114,887|(11,318|
||Accountancy|& legal tbes||||5,072|4,946|
||Auditors
relnuneration|||||4,920|4,800|
|||||||124,879|121,064|
|9.|NET INCOME/(EXPENDITURE)|||||||
||Net incomei(expenditure)||is stated alter charging'(crediting):|||||
|||||||202'|2021|
||Auditors'
remuneration|||||4,920|4,800|
||Depreciation|—owned assets||||10,475|8,515|
||Deficit on disposal offixed assets|||||267||
##
##
##
|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||o0a7|2021|
|Wages and salaries
Social security costs
Other pension
costs||||946,633
55,158
25,685|837,169
56,125
23,182|
|||||i,027,476|916,476|
|The average
monthly|number ofemployees|during|the year was as lollows:|||
|||||2022|2021|
|Support
statT||||36|3
1|
|Projects staff||||16|15|
|Administration!'support|stat'f|||13|12|
|Staff costs were as||||||
|---|---|---|---|---|---|
|1olio v;s:||||||
||Support|Projects|Administration|2022|2021|
|Wages and salaries
Social security costs|695,762
41.596|208,079
)L588|42 792
1,974|946,633
55,158|83'7,169
56 125|
|Pension costs|22,090|3,595||25,685|23,182|
||759448|"~3262|44,766|1,027,476|916,476|
##
##
|FOR|THF, YEAR ENDED 31MARCH 2022|THF, YEAR ENDED 31MARCH 2022|THF, YEAR ENDED 31MARCH 2022||||
|---|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATFMENT OF FINANCIAI,|||.ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||funds|fund|I'unds|
||INCOMF. AND FNDOWMENTS||FROM||||
||Donations
and legacies|||63,287|90,324|153,611|
||Charitable
activities||||||
||Activities
to further
charity's oljectives|||965,359|157,992|1,123,351|
||Other trading activities
Inveshnent
income|||33,452
2,560||33,452
2,560|
||Total|||1,064,658|248,316|1,312,974|
||EXPENDITURE ON||||||
||Raising funds|||2,275||2,275|
||Charitable
activities||||||
||Oirect charitable
expenditure||||||
|||||823,237|230,828|1,054,065|
||Management
and administration|||1 19,776|1,288|121,064|
||Total|||945,288|232,116|1,177,404|
||NF.T INCOMF.|||119,370|16,200|135,570|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||4-42,644|32,751|475,395|
||TOTAI.. FL'NDS CARRIED FORWARD|||56-",014|48,951|610,965|
##
##
|TANGIBLF., FIXFDASSETS|||||
|---|---|---|---|---|
||Improvements
to|Ei)uipment
for|Office||
||property|houses|ettufpn1ent|Totals|
||f.||||
|COST|||||
|At
I Ap il 2021
Additions|11,942
7,614|12,848
2,981|44,392
1,547|69,182
18,142|
|D isp osal s|(1,840)|(390)|(644)|(2,874)|
|At 31 March 2022|12,716|15,439|56,295|84,450|
|DEPRECIATION|||||
|At I April 2021
Charge for year
Eliminated
on disposal|6,130
2,208
(1.840)|11,341
1,005
(390)|29,295
7,262
(377)|46,766
10,475
(2,607)|
|At 31 March 2022|6,498|11,956|36,180|54,634|
|NET BOOK Y,4LI.IE
At 31March 2022||3,483|20,115|29,816|
|At 31 March 2021|5,812|1,507|15,097|22,416|
|DEBTORS:.4MOUNTS FALLING DI.'E %'ITHIN ONF, YEAR|||||
||||307 t|2021|
|Trade debtors|||43,684|67,580|
|Prcpayments
and accrued income|||26,515|15,966|
||||70,199||
|CREDITORSi,4MOUNTS FALLINC DL'E WITHIN ONE||YEAR|||
||||2022|2021|
||||f|f.|
|Trade creditors|||10,352|6,886|
|Social security
and other taxes
Other creditors|||15,2)8
9 38"|10,686
16,169|
|Accrued expenses|||58,093|58,554|
||||93,045|92,295|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f||
||'8Yithin one year||||82,966|80,520|
||)3ctween one and ttvc years||||38,584|9,329|
||||||121,550||
|17.|MOVEMENT IN FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 1,4.21|in funds|31.3.22|
||||||f.|.E|
||Unrestricted
funds||||||
||General Funds|||522,014|53,923|575,937|
||Designated
Funds|||40,000||40,000|
|||||562,014|53,923|615,937|
||Restricted funds||||||
||Restricted Funds|||48,951|(25.088)||
||TOTAL FUNDS|||610,965|28,835|639,800|
||Net movement
in funds,|included|in the above are as 1'ollov:s:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||Unrestricted
funds||||||
||General
Funds|||1,332,304|(1,278,381)|(3923|
||Restricted funds||||||
||Restricted
Funds|||30,919|(56,007)|(25,088)|
||TOTAL FUNDS|||1.363 2
3|21,334.388i|28,838|
##
##
##
|Comparative|s
for moveme|nt
in fun|ds||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.4.20|in tunds|31.3.21|
|Llnrestricted|funds||||||
|General
Funds||||442,644|79,370|522,014|
|Designated|Funds||||40,000|40,000|
|||||442,644|119,370|562,014|
|Restricted funds|||||||
|Restricted Funds||||32,751|16,200|48,951|
|TOTAI,FLrNDS||||475,395|155,576|616,965|
|Comparative|net mnvement|in funds,|included|in the above arc as I'ollows;|||
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|||
|Unrestricted
funds|||||
|General
Funds||1,024,658|(945,288)|79,370|
|Designated|Funds|40.000||40,000|
|||1,064,658|(945,288)|119,370|
|Restricted|funds||||
|Restricted|Funds|248,316|(232.116)|16,200|
|TOTAL FUNDS||1,312,974|(1,177,404)|135,570|
##
##
##
##
|SOUTH WEST ACTION FOR I,FARNINC
AND
LIVINC OIJR %'AY I.IMITED|SOUTH WEST ACTION FOR I,FARNINC
AND
LIVINC OIJR %'AY I.IMITED|||
|---|---|---|---|
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES||||
|FOR THE VFAR FNDFD 31 MARCH 2022||2022|2021|
||||f|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies
Donations - miscellaneous
Anonymous
donations
BANES Healthwatch
Cam Valley Rotary
The Sperring Charity
Community
Fund Neighbourly
Bath Half Marathon
Sponsorship
Bath
1lait Marathon
Fund
BBCChildren
in Need
Bookbarn
The Medlock Charitabl
Trust
Western
Power||18,127
3,896
500
5,180
2,855
1,723
3,000|17,752
Io,ono
4,980
4no
3,885
4,865
114
2,000
750|
|Radstock Labour Patty
The Rotary Club of Bath
The Roper Family Charitabl»
Trust
HCRG Care Services Ltd||700|250
3no
20,000|
|Mcncap
- Let's Get Digital Fund
The Football
Fun d||7,275
l,nno||
|Westport
B(I NES Community
Wellness
Fund
The Connaught
Lodge||2,368|3,531
600|
|.Iohn Cul)um||2,ono||
|PSJ Miners Welfare
Wessex Water Community
Fund
Gasex Ltd||200|914
2,000|
|Radstock Town Council||956||
|Westfield
Parish Council||1,000|1,000|
|BONNES Council|||750|
|Midsomer
Norton k Radstock Rota|ry Club|2,000||
|BANES Big Local
The Society ofMerchant
Venturers
Chidstmas
Raffle||5no
1,398|4,975
914|
|press
Quartet Community
Foundation
Ex
Programme
National
Lottery
Richard Dunn|||3,905
6,802
250|
|Sponsored
events
Quartet Resilience Programme
St John's Foundation|||1,941
8, 101
23,351|
|The Rotary Club ofSomer Valley
Crroundv
ork UK|||750
500|
|CAF Resilience
Fund|||25,531|
|Bath and West Community
Energy
Midsomer
Norton
Town Council|Fund Grant|1,500|1,000
1,5OO|
|||66,978|153,611|
##
|DETAILED STAT
FOR THF. YEAR|FMENT OF FINANCIAL
ACTIYITIE
FNDFD 31 MARCH 2022|S||
|---|---|---|---|
|||2022|2021|
|Donations
and legacies||||
|Other trading
activities
Mlembership
income
Consultancy
I'ees||1,560
32,828|624
32,828|
|||34,388|33,452|
|Investment
income||||
|Bank interest||2,323|2,560|
|Charitable
activities||||
|Domiciliary
support
Ilousing
benefit &
Work skills|rent|606,633
138,039
158,482|597,773
129,125
li20iO|
|Grants||119,422|157,992|
|Fitness club||2,974|305|
|Music workshop
Arts and crafts||3
'&0
35,173|20
22,087|
|Base house stays||65,383|-l3,578|
|Drama and yoga course||40,148|25,131|
|Young people income
Orchard
I-lail activities||468
16,082|6,686|
|Courses||29,376|16,696|
|Cafe takings||47,034|11,948|
|||1,259,534|l, l23,35 1|
|fotal incoming
resources||1,363,223|1,312,974|
|EXPFNDITURE||||
|Other trading
activities||||
|Fundraising
events||4,993|2,275|
|Charitable
activities||||
|Wages||208,079|139,560|
|Social securirv||11,588|8,294|
|Pensions||3,595|2,649|
|Rent||129,966|110,142|
|Cleaning
Repairs||8,692
19,521|15,562
17,599|
|IVfembcrs evaluation||1,703|900|
|Learning
materials|&Cate cost|27,470|18,750|
|Travel
arid subsistence||17,466|9,900|
|||428,080|323,356|
|Support costs||||
|lYlanagement||||
|Wages||6&95,7t&2|655,092|
|Carried fnrv ard||695,762|655,092|
##
|FOR TFlF.Y|E|AR END|FD 31 MARCH 2022|||
|---|---|---|---|---|---|
|||||7077|7071|
|Management||||||
|Brought
forward||||695,762|655,092|
|Social security||||41,596|44,616|
|Pensions||||22,090|70,533|
|Training k recruitinent||||16,988|10,468|
|||||776,436|730,709|
|Finance||||||
|Wages||||42,792|4'2,517|
|Social security||||1,974|3,215|
|Rates and water||||5,002|8,7 1
I|
|insurance||||9,718|8,976|
|Light and heat||||6,572|10,533|
|Telephone
and||postage||8,146|6,942|
|Printing
and|stationery|||9,958|8,200|
|Sundries||||14,050|7,081|
|Bank charges||||1,764|959|
|Subscription»||and licence»||4 169|5,669|
|Depreciation|oftangible||fixed assets|10,475|8,515|
|Los» on sale|oftangible||fixed assets|267||
|||||114,887|111,318|
|Governance|costs|||||
|Auditors'
remuneration||||4,920|4,800|
|Accountancy|k legal fees|||5,072|4,946|
||||||9,746|
|Total resources||expended||1,334,388|1,177,404|
|Net income||||28,837|131370|