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2023-03-31-accounts

Charity number Charity number Charity number 1050779
Company number 03123142
Trustees Patricia Cargill Chair
Christine Thomas Vice Chair
Cheryle Berry
Usha Gadhia Treasurer
Katherine
Moore
Secretary Jayne Bell
Senior officers Jayne Bell Chief Executive Officer
Registered oNce Christopher
Cargill House
21-23Pelham Road
Nottingham
NG5 1AP
Independent examiner Rogers Spencer
Newstead
House
Pelham
Road
Notting
ham
NG5 1AP
Bankers Barclays Bank pic
Nottingham
High Street Branch
2 High Street
Nottingham
NG1 2EN
Solicitors Massers
15Victoria Street
Nottingham
NG1 2JZ

Page
Trustees'
report		 1-7
Independent
examiner's		 report
Statement offinancial activities 9-10
Balance sheet
Statement ofcash flows 12
Notes to the financial statements 13-24

Current financial
 year
Unrestricted Restricted Total Total
funds funds
Notes 2023 2023f 2023
6		 2022
6
Ittggmafttttn;
Donations 9,057 9,057 4,651
Charitable
activities		 3 465,889 10,310 476,199 610,050
Other trading
activities		 4 89,480 89,480 105,342
Investments 3,112 3,112 2,596
Other income 5 38,607 38,607 25,972
Total income 597,088 19,367 616,455 748,611
ExpeMILum~n.
Charitable
activities		 6 946,814 33,432 980,246 1,094,091
Other trading
activities		 152,100 152,100 156,692
Total expenditure 1,098,914 33,432 1,132,346 1,250,783
Net outgoing
resources before transfers		 (501,826) (14,065) (515,891) (502,172)
Gross transfers
between funds		 1,209 (1,209)
Net expenditure
for the year		 (500,617) (15,274) (515,891) (502,172)
Other recognised gains and losses
Actuarial
gain on defined benefit pension schemes		 6,229,000 6,229,000 1,392,000
Net movement
in funds		 5,728,383 (15,274) 5,713,109 889,828
Fund balances at 1 April 2022 (4,588,767) 21,298 (4,567,469) (5,457,298)
Fund balances at 31 March 2023 1,139,616 6,024 1,145,640 (4,567,470)

Prior financial year
Unrestricted Restricted Total
funds funds
2022 2022 2022
Notes 6 6 8
In
m
n		 n
w
Donations
and		 legacies 4,651 4,651
Charitable
activities		 567,300 42,750 610,050
Other trading
activities		 105,342 105,342
Investments 2,596 2,596
Other income 25,972 25,972
Total income 701,210 47,401 748,611
~dd It
Charitable
activities		 6 1,056,639 37,452 1,094,091
Material other expenditure 156,692 - 156,692
Total resources expended 1,213,331 37,452 1,250,783
Net outgoing resources before transfers (512,121) 9,949 (502,172)
Gross transfers between funds 9,189 (9,189)
Net expenditure
forthe yearl
Net outgoing resources (502,932) 760 (502,172)
Other recognised
gains and losses
Actuarial
gain		 on defined benefit pension schemes 1,392,000 1,392,000
Net movement in funds 889,068 760 889,828
Fund balances at 1 Apdil 2021 (5,477,836) 20,538 (5,457,298)
Fund balances at 31 March 2022 (4,588,768) 21,298 (4,567,470)

2023 2022
Notes 5
Fixed assets
Tangible assets 12 564,254 501,147
Current assets
Debtors 13 38,830 72,027
Cash at bank and in hand 823,455 1,215,358
862,085 1,287,385
Creditors: amounts falling due within
one year 14 (76,699) (113,002)
Net current assets 785,386 1,174,383
Total assets less current liabilities 1,349,640 1,675,530
Defined benefit pension liability 16 (204,000) (6,243,000)
Net assets/(liabilities) 1,145,640 (4,587,470)
Income funds
Restricted funds 15 6,024 21,298
Unrestricted
funds		 1,139,616 (4,588,768)
1,145,640 (4,567,470)

2023 2022
Notes 5
Cash flows from operating activities
Cash absorbed
by operations		 20 (314,688) (303,998)
Investing activities
Purchase oftangible fixed assets (80,327)
Investment income received 3,112 2,596
Net cash (used in)/generated
from
investing activities (77,215) 2,596
Nat cash used in financing activities
Net decrease
in cash and		 cash equivalents 20 (391,903) (301,402)
Cash and cash equivalents at beginning ofyear 1,215,358 1,516,760
Cash and cash equivalents at end of year 823,455 1,215,358

2023 2022
6 6
Contract income - local authority 424,049 460,389
Contract income - Other 52,150 149,661
476,199 610,050
Analysis by fund
Unrestricted funds 465,889 567,300
Restricted funds 10,310 42,750
476,199 610,050
4 Other trading activities
2023 2022
6 6
Training income 89,480 105,342
5 Other income
2023 2022
6
Electricity generation 3,675 2,586
Room hire 3,000
Counselling 856
Office rental 28,129 22,080
Other 3,803 450
38,607 25,972

2023 2022
8 8
Staffcosts 619,858 703,280
Premises costs 49,076 30,048
Administrative costs 284,401 337,169
953,335 1,070,497
Share of governance costs (see note 7) 26,911 23,594
980,246 1,094,091
Analysis by fund
Unrestricted funds 946,814 1,056,639
Restricted funds 33,432 37,452
980,246 1,094,091
Governance costs
2023 2022
6 6
Staff costs 21,497 18,429
Audit and accountancy fees 4,692 4,380
Board costs 722 785
26,911 23,594
2023 2022
8
Training costs 152,100 156692
152100 156692

Employees
Number of employees
The average monthly
number ofemployees		 during the year was:
2023 2022
Number Number
19 20
Employment costs 2023 2022
E E
Wages and salaries 592,479 646,099
Social security costs 45,124 50,231
Other pension costs 85,966 102,079
723,569 798,409
Remuneration
of key management		 personnel
The remuneration
of key		 management personnel isas follows:
Aggregate
compensation		 66,603 108,256
The number ofemployees whose annual remuneration was E60,000 or more
were:
2023 2022
Number Number
E60,001 to E70,000 1

Tangible fixed assets Tangible fixed assets Tangible fixed assets
Freehold Fixtures & Oflice Total
properly fittings equipment
8 8 6
Cost
At 1 April 2022 861,116 99,733 43,878 1,004,727
Additions 68,765 11,562 80,327
At 31 March 2023 929,881 99,733 55,440 1,085,054
Depreciation and impairment
At 1 April 2022 380,146 79,556 43,878 503,580
Depreciation charged in the year 11,990 1,376 3,854 17,220
At 31 March 2023 392,136 80,932 47,732 520,800
Carrying
amount
At 31 March 2023 537,745 18,801 7,708 564,254
At 31 March 2022 480,970 20,177 501,147

Debtors
2023 2022
Amounts
falling due within one year:		 6
Trade debtors 23,668 48,294
Other debtors 492 908
Prepayments and accrued income 14,470 22,825
38,630 72,027

Creditors: amounts
falling due within one year
2023 2022
6
Other taxation and social security 10,613 15,058
Deferred income 47,938 65,372
Trade creditors 3,740 14,792
Other creditors 9,135 11,094
Accruals 5,273 6,686
76,699 113,002
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Value ofscheme assets and liabilities:
2023 2022
6
Market value ofassets 7,460,000 7,404,000
Present value ofscheme liabilities (7,256,000) (13,647,000)
Deficit in scheme 204,000 (6,243,000)
Net pension
liability		 204,000 (6,243,000)
Interest recognised as an expense: 190,000 228,100
Actuarial
gains/(losses):		 6,229,000 1,392,000
Principal
actuarial assumptions:
Discount rates 480% 260%
Pension increases 290% 3,15%
Salary increases 390% 4 15'/

2023 2022
6 6
Within one year 1,670 4,827
Between two and five years 1,670
1,670 6,497
18 Analysis ofnet assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
6 8
Fund balances at 31
March 2023 are
represented
by:
Tangible assets 564,254 564,254 501,147 501,147
Current assets/(liabilities) 779,362 6,025 785,386 1,153,085 21,298 1,174,383
Provisions
and
pensions (204,000) (204,000) (6,243,000) (6,243,000)
1,139,616 6,025 1,145,640 (4,588,768) 21,298 (4,567,470)

20 Cash generated
from		 operations 2023 2022
g 8
Surplus
for the year		 (515,891) (502,172)
Adjustments
for:
Investment
income recognised
in statement		 offinancial activities (3,112) (2,596)
Depreciation
and impairment
oftangible		 fixed assets 24,654 111
Difference between
pension charge and		 cash contributions 6,229,000 1,392,000
Movements
in working		 capital:
Decrease/(increase)
in		 debtors 33,397 (5,005)
(Decrease)/increase
in		 creditors (1,182,769) 2,941,425
(Decrease) in deferred income (17,434) (49,131)
Cash generated
from		 operations 4,567,845 3,774,632
21 Analysis ofchanges in net funds
At 1 April 2022 Cash IlowaAt 31 INarch 2023
2 g 6
Cash at bank and in hand 1,215,358 (391,903) 823,455

2023 2022
S
Income
Grants receivable and other income 613,342 746,015
Interest receivable 3,112 2,596
616,454 748,611
Staff costs
Salaries &pensions 706,418 798,655
Training
&development		 5,423 4,253
Recruitment
costs		 18,810 7,271
Service activities 17,810 39,723
748,461 849,902
Premises costs
Rent, heat, light 8 other services 12,999 14,577
Repairs, renewals & property improvements 24,786 7,553
Insurance 6,781 6,403
Cleaning
&sundries		 4,507 1,515
49,074 30,048
Administrative
costs
Telephone 13,233 15,579
Equipment
hire		 885 1,102
Printing,
postage 8		 stationery 18,054 21,899
Volunteer expenses 140 117
Board costs 722 785
Bank interest
&charges		 2,830 3,507
Depreciation 17,219 12,383
Legal &professional 37,780 21,762
Subscdptions 2,814 3,079
Computer
maintenance		 38,049 48,645
Pension interest 190,000 228,100
Promtional
Materials		 391 392
Internal
management		 charges 500
Travel costs 12,194 13,484
334,811 370,833
Total expenditure 1,132,345 1,250,783
Net expenditure (515,891) (502,172)