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||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|7|
|Independent
Examiner's|Report|8|to|9|
|Statement ofFinancial|Activities||10||
|Statement ofFinancial|Position|11|to|12|
|Notes to the Financial Statements||13 to||21|
|TRUSTEES||M R Ratclile MBE||
|---|---|---|---|
|||Mrs P R Ratcliffe||
|||Mrs JS Hill||
|||P M Hazel||
|COIIPANY SECRETARY||P M Hazel||
|REGISTERED|OFFICE|Wolseley House||
|||Oriel Road||
|||Cheltenham||
|||Gloucestershire||
|||GL50 1TH||
|REGISTERED|COMPANY|03141906(England|and Wales)|
|NUMBER||||
|REGISTERED|CHARITY|1051622||
|NUMBER||||
|INDEPENDENT|EXAMINER|Andorran
Limited||
|||6 Manor Park Business Centre||
|||Mackenzie Way||
|||Cheltenham||
|||Gloucestershire||
|||GL51 9TX||
|SOLICITORS||Willans||
|||28 Imperial Square||
|||Cheltenham||
|||Gloucesters hire||
|||GL50 1RH||
|BANKERS||Lloyds Bank pic||
|||130High Street||
|||Cheltenham||
|||Gloucestershire||
|||GL50 1EW||
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|||||||31.5.22|31.5.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|E|F|F|F|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||212,812|5,676|218,488|26,549|
|Charitable
activities||||||||
|Charitable||||32,624||32,624|64,482|
|Other trading
activities||||36,531|368|36,899|24,970|
|Total||||281,967|6,044|288,011|116,001|
|EXPENDITURE ON||||||||
|Raising funds||||685||685|1,427|
|Charitable
activities||||||||
|Charitable||||243,339|9,802|253,141|167,245|
|Total||||244,024|9,802|253,826|168,672|
|NET INCOME/(EXPENDITURE)||||37,943|(3,758)|34,185|(52,671)|
|Transfers
between|funds||20|1,733|(1,733)|||
|Net movement
in funds||||39,676|(5,491)|34,185|(52,671)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||(31,297)|5,886|(25,411)|27,260|
|TOTAL FUNDS CARRIED FORWARD||||8,379|395|8,774|(25,411)|
##
||STA|TEMENT OF|FINANCIAL
P|OSITION|||
|---|---|---|---|---|---|---|
|||31|MAY 2022||||
||||||31.5.22|31.5.21|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|E|E|E||
|FIXEDASSETS|||||||
|Intangible assets||13|22,438||22,438|25,917|
|Tangible assets||14|217||217|508|
|Investments||15|1||1|1|
||||22,656||22,656|26,426|
|CURRENT ASSETS|||||||
|Debtors||16|7,001||7,001|5,766|
|Cash at bank and|in hand||36,701|395|37,096|5,732|
||||43,702|395|44,097|11,498|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(24,225)||(24,225)|(13,335)|
|NET CURRENT ASSETS|||19,477|395|19,872|(1,837)|
|TOTAL ASSETS|LESSCURRENT||||||
|LIABILITIES|||42,133|395|42,528|24,589|
|CREDITORS|||||||
|Amounts
falling due after more than one year 18|||(33,754)||(33,754)|(50,000)|
|NET ASSETS|||8,379|395|8,774|(25,411)|
|FUNDS||20|||||
|Unrestricted
funds|||||8,379|(31,297)|
|Restricted
funds|||||395|5,886|
|TOTAL FUNDS|||||8,774|(25,411)|
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|Further
explanation
of the natur
statements.|Further
explanation
of the natur
statements.|Further
explanation
of the natur
statements.|Further
explanation
of the natur
statements.|e
and purpose
of each fund
is|included
in the notes to|the
financi|
|---|---|---|---|---|---|---|
|DONATIONS
AND LEGACIES|||||||
||||||31.5.22|31.5.21|
||||||F||
|Donations - individual,||business||and other charitable|||
|organisations|||||218,488|26,549|
|OTHER TRADING ACTIVITIES|||||||
||||||31.5.22|31.5.21|
|Other income|||||3,103|2,480|
|Shop income
Room hire|||||633
500|1,438
5,315|
|Therapy income
Advertising
income|||||31,641
654|15,386|
|Outreach
income|||||368|351|
||||||36,899|24,970|
|INCOME FROM|CHARITABLE|||ACTIVITIES|||
||||||31.5.22|31.5.21|
||||Activity|||F|
|Grants|||Charitable|||30,000|
|Course fees|||Charitable||32,624|10,567|
|Government
grants|||Charitable|||23,915|
||||||32,624|64,482|
|Grants received,|included||in the|above, are as follows:|31.5.22|31.5.21|
|||||||E|
|National
Lottery|Community||Fund|||30,000|
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|Cost of raising fund|s|||||
|---|---|---|---|---|---|
|||||31.5.22|31.5.21|
|||||E|E|
|Purchases||||207|1,427|
|Guest speakers||||478||
|||||685|1,427|
|CHARITABLE ACTIVITIES COSTS||||||
||||Direct|Support||
||||Costs (see|costs (see||
||||note 7)|note 8)|Totals|
||||F||F|
|Charitable|||251,221|1,920|253,141|
|DIRECT COSTS OF|CHARITABLE ACTIVITIES|||||
|||||31.5.22|31.5.21|
||||||E|
|Staff costs||||57,166|89,565|
|Rates and water||||5,398|1,310|
|Insurance||||445|579|
|Light and heat||||10,170|11,269|
|Telephone||||473|173|
|Postage and stationery
Advertising||||401|22
35|
|Sundries||||2,611|3,054|
|Tutor costs||||14,949|6,464|
|Course programmes
Rent|and|newsletters||19,402
113,985|12,971
16,200|
|Maintenance||||3,589|3,996|
|Professional fees||||11,197|11,221|
|Travel and subsistence||||309||
|Bank charges
Office refreshments||||2,671
560|957|
|Outreach costs||||4,126|4,168|
|Depreciation||||3,769|4,111|
|||||251,221|166,095|
##
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|SUPPORT C|OSTS||||
|---|---|---|---|---|
|||||Governance|
|||||costs|
|||||E|
|Charitable||||1,920|
|Support costs, included||in the above, are as follows:|||
|Governance|costs||||
||||31.5.22|31.5.21|
|||||Total|
||||Charitable|activities|
|Accountancy|and legal|fees|1,920|1,150|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||31.5.22|31.5.21|
||||E|E|
|Depreciation|-owned assets||291|806|
|Development|costs amortisation||3,479|3,305|
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|The avera|ge
monthly
number of employees
duri|ng
the year was as follows:||
|---|---|---|---|
|||31.5.22|31.5.21|
|Charitable|activities|3|2|
||NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MAY 2022|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MAY 2022|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MAY 2022|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MAY 2022|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31 MAY 2022|||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||||||E|E||
||INCOME AND|ENDOWMENTS||FROM||||
||Donations
and|legacies|||26,549||26,549|
||Charitable
activities|||||||
||Charitable||||34,482|30,000|64,482|
||Other trading
activities||||24,619|351|24,970|
||Total||||85,650|30,351|116,001|
||EXPENDITURE|ON||||||
||Raising funds||||1,427||1,427|
||Charitable
activities|||||||
||Charitable||||133,077|34,168|167,245|
||Total||||134,504|34,168|168,672|
||NET INCOME/(EXPENDITURE)
Transfers
between funds||||(48,854)
14,206|(3,817)
(14,206)|(52,671)|
||Net movement|in funds|||(34,648)|(18,023)|(52,671)|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought||forward||3,351|23,909|27,260|
||TOTAL FUNDS|CARRIED FORWARD|||(31,297)|5,886|(25,411)|
|13.|INTANGIBLE FIXEDASSETS|||||||
||||||||Development|
||||||||costs|
||||||||F|
||COST|||||||
||At 1 June 2021 and 31 May 2022||||||34,790|
||AMORTISATION|||||||
||At 1 June 2021
Charge for year||||||8,873
3,479|
||At 31 May 2022||||||12,352|
||NET BOOK VALUE|||||||
||At 31 May 2022||||||22,438|
||At 31 May 2021||||||25,917|
##
##
|14.|TANGIBLE FIXEDASSETS|||
|---|---|---|---|
|||Fixtures||
|||and||
|||fittings||
|||F||
||COST|||
||At 1 June 2021 and 31 May 2022|12,665||
||DEPRECIATION|||
||At 1 June 2021|12,157||
||Charge for year|291||
||At 31 May 2022|12,448||
||NET BOOK VALUE|||
||At 31 May 2022|217||
||At 31 May 2021|508||
|15.|FIXEDASSET INVESTMENTS|||
|||Shares|in|
|||gIoup||
|||undertakings||
|||F||
||MARKET VALUE|||
||At 1 June 2021 and 31 May 2022|||
||NET BOOK VALUE|||
||At 31 May 2022|||
||At 31 May 2021|||
##
||31.5.22|31.5.21|
|---|---|---|
||E|E|
|Prepayments|7,001|5,766|
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|||||||||31.5.22|31.5.21|
|---|---|---|---|---|---|---|---|---|---|
||Bank loans and overdrafts||(see note 19)|||||11,250||
||Trade creditors|||||||7,969|6,920|
||Social security and other taxes|||||||414|721|
||Accruals and deferred|income||||||4,592|5,694|
|||||||||24,225|13,335|
|18.|CREDITORS: AMOUNTS||FALLING DUE AFTER IIORE||||THAN ONE|YEAR||
|||||||||31.5.22|31.5.21|
|||||||||E|E|
||Bank loans (see note|19)||||||33,754|50,000|
|19.|LOANS|||||||||
||An analysis ofthe maturity||of|loans is given|below:|||||
|||||||||31.5.22|31.5.21|
|||||||||E||
||Amounts
falling due within||one year on demand:|||||||
||Bank loans|||||||11,250||
||Amounts
falling between one|||and two years:||||||
||Bank loans|||||||11,250||
||Amounts
falling due between|||two and five years:||||||
||Bank loans|||||||22,504||
||Amounts
falling due in|more than five years:||||||||
||Repayable
by instalments:|||||||||
||Bank loans||||||||50,000|
|20.|MOVEMENT
IN FUNDS|||||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At|1.6.21|in funds|funds|31.5.22|
|||||||E||E||
||Unrestricted
funds|||||||||
||Educational
Centre||||(31,297)||37,943|1,733|8,379|
||Restricted funds|||||||||
||Outreach
Fund|||||5,886|(3,758)|(1,733)|395|
||TOTAL FUNDS||||(25,411)||34,185||8,774|
##
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##
|Net movement
in f|und|s,
inc|lud|ed
in t|he above|are as follow|s:|||
|---|---|---|---|---|---|---|---|---|---|
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||E|E||
|Unrestricted
funds||||||||||
|Educational
Centre|||||||281,967|(244,024)|37,943|
|Restricted funds||||||||||
|Outreach
Fund|||||||368|(4,126)|(3,758)|
|GloW Community|Fund||||||1,576|(1,576)||
|Thriving
Communities||Fund|||||4,100|(4,100)||
||||||||6,044|(9,802)|(3,758)|
|TOTAL FUNDS|||||||288,011|(253,826)|34,185|
|Comparatives
for|movement|||in funds||||||
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1.6.20|in funds|funds|31.5.21|
||||||||E||F|
|Unrestricted
funds||||||||||
|Educational
Centre||||||3,351|(48,854)|14,206|(31,297)|
|Restricted funds||||||||||
|Outreach
Fund||||||23,909|(3,817)|(14,206)|5,886|
|TOTAL FUNDS||||||27,260|(52,671)||(25,411)|
|Comparative
net movement|||in|funds,|included|in the above|are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||E|F|F|
|Unrestricted
funds||||||||||
|Educational
Centre|||||||85,650|(134,504)|(48,854)|
|Restricted funds||||||||||
|Outreach
Fund|||||||351|(4,168)|(3,817)|
|National
Lottery Community|||Fund||||30,000|(30,000)||
||||||||30,351|(34,168)|(3,817)|
|TOTAL FUNDS|||||||116,001|(168,672)|(52,671)|
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