2022-03-31-accounts - Scotts Project Trust

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Legal and administrative	Legal and administrative	information	1-2
Report ofthe	trustees		3-20
Independent	auditors'	report	21 —24
Statement of	financial	activities	25
Balance sheet
Statement of	cash flows		27
Notes to the financial statements			28-38

Life President	Life President				Jill Scott
Trustees					Tom Hoppe, Chairman
					Nick Ward
					Derek McMenamin
					Susan Bourne
					Peter Bibb
					Auxilia Muganiwah
					Mick Pavey
					Martin Miles
					Richard Tapsfield
					Andrew Blevins
					Raj Bhamber (resigned 19June 2021j
Company	registered			number	03143819
Charity registered			number		1051947
Registered	office				Scotts Office
					Delarue Close
					Tonbridge
					TN119NN
Company	secretary				Nick Ward
Website/email		address			www. scotts ro'ect.or .uk	/info	scotts ro'ecttrustor	uk
independent		auditors			Lindeyer Francis Ferguson	Limited
					North House
					198High Street
					Tonbridge
					TN9 1BE
Bankers					Handelsbanken
					First Floor, 50-52 London Road
					Bligh's Meadow
					Sevenoaks
					TN13 1AS
Solicitors					Thomson Snell 8 Passmore	LLP
					Heathervale House, 2-4 Vale Avenue
					Tunbridge Wells
					TN1 1DJ

arn Garden re	furbishment: provision	al estimated cost
			Item Costf
Holly tree reduction and shaping			350
Skip			300
Ground levelling and preparation			1,500
Session space	building and electrical	installation	15,000
Covered work	area and washout		3,000
Bespoke accessible "lean to" greenhouse			3,000
Drainage and	drain lowering		1,500
Old shed removal and pergola build			7,500
Improvement	offlower borders/fully	stock	3,000
Contingency			4,850
Total			840,000

Amount and category ofReserves	Amount and category ofReserves
				2022	2021
				f	E
The Trust held the following reserves at 31March 2022				4,653,894	4,518,208
Of which, represented by tangible		fixed assets held
for the purposes of	the Trust's charitable objects			(2,567,895)	(2,653,183)
Restricted reserves	held for specific purposes			(124,816)	(74,310)
Reserves designated	for strategic	projects *		(1,050,000)	(800,000)
Unrestricted free reserves				911,183	990,715
Ofwhich, Reserves fall in income and/or	held to protect the Trust increased expenditure		due to unexpected **	871,263	819,842
Other free reserves	***			39,920	170,873

				Restricted	unrestricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Notes	6	6	6	6
Income from:
Donations,	grants and legacies			93,930	40,226	134,156	170,917
Charitable	activities				1,739,210	1,739,210	1,701,499
Other trading activities
Delarue	Hall hire				1,645	1,645
Investments					3,200	3,200	3,021
Total				93,930	1,784,281	1,878,211	1,875,437
Expenditure	on:
Raising funds			4		12,019	12,019	8,125
Charitable	activities		4,5,6	25,147	1,705,359	1,730,506	1,631,688
Total				25,147	1,717,378	1,'742,525	1,639,813
Net income				68,783	66,903	135,686	235,624
Transfers between		funds	12	( 18,277)	18,277
Net movement in funds				50,506	85,180	135,686	235,624
Reconciliation offunds:
Total funds	brought	forward		74,310	4,443,898	4,518,208	4,282,584
Total funds	carried	forward	12	124,816	4,529,078	4,653,894	4,518,208

						2022f	2021f
					Notes
Cash	flows from operating	activities:
Net cash provided by operating activities					A	346,742	401,372
Cash	flows from investing	activities:
Purchase oftangible assets						( 32,679)	( 45,173)
Net cash used in investing		activities				( 32,679)	( 45,173)
Change in cash and cash equivalents			for the	year		314,063	356,199
Cash	and cash equivalents	at the beginning		ofthe year		1,854,264	1,498,065
Cash	and cash equivalents	atthe end ofthe year				2,168,327	1,854,264
Cash	and cash equivalents	comprise:
Short term deposits						2,010,927	1,152,464
Cash	at bank and in hand					157,400	701,800
						2,168,327	1,854,264
NOTE TO THE STATEMENT		OF CASH FLOWS
A	Reconciliation ofnet income to		net cash flow from operating
	activities
	Net income for the year					135,686	235,624
	As per statement offinancial activities
	Adjustments for:
	Depreciation charges					117,967	120,298
	Decrease in debtors					90,095	49,990
	Increase / (decrease)	in creditors				2,994	(4,540)
	Net cash provided by	operating	activities			346,742	401,372

income fr	om	donations, grants and legacies
			2022f	2021f
Donations	and grants		100,705	56,208
Legacies			7,929
Government		grants	25,522	114,709
			134,156	170,917

Income fro	m	chari	table activitie	s
						2022f	2022f
Residential	home fees					1,114,435	1,071,490
Allocated to		Day Services				( 27,791)	( 32,092)
						1,086,644	1,039,398
Supported	living fees and rental			income		298,948	292,494
Day Services		fees				353,618	369,607
						1,739,210	1,701,499
Expenditure
Expenditure		on raising funds				2022f	2021 f
For donations		and	events			693	237
Delarue Hall		costs					450
Wages and	salaries (Note 7)					10,740	6,865
National insurance			(Note 7)			314	293
Pension cost		(Note 7)				272	280
						12,019	8,125
Expenditure		for restricted funds		in the current period was fNil	(2021:fNil).
Expenditure		on chori table activities
				Direct	Support
				costs	costs	Total	Total
				2022f	2022f	2022f	2022 f
Residential	home			888,338	108,148	996,486	948,049
Supported	living			232,247	96,021	328,268	308,540
Day Services				307,270	98,482	405,752	375,099
				1,427,855	302,651	1,730,506	1,631,688
				Note 5	Note 6

Net income
						2022	2022
						f	f
This is stated after charging/(crediting):
Depreciation oftangible	fixed assets					117,967	120,298
Auditors' remuneration						6,080	6,080
Auditors' remuneration	-non-audit					1,180	1,180
Pension costs						23,844	19,900
During the year, no trustees		received any benefits		in kind (2021:fNil).
During the year, no trustees		were reimbursed	for	office expenses	(2021:6Nil).
Tangible fixed assets
				Freehold	Motor	Furniture	Total
				property	vehicfes	/Ittings and
						equipment
					f	f	f
Cost ar valuation
At 1April 2021			3,192,015		72,395	734,402	3,998,812
Additions					7,000	25,679	32,679
At 31March 2022			3,192,015		79,395	760,081	4,031,491
Depreciation
At 1April 2021				744,460	52,712	548,457	1,345,629
Charge for the year				51,724	9,964	56,279	117,967
At 31March 2022				796,184	62,676	604,736	1,463,596
Net book value
At 31March 2022			2,395,831		16,719	155,345	2,567,895
At 31March 2021			2,447,555		19,683	185,945	2,653,183

Debtors
			2022	2021
			0	6
Fees receivable			24,219	99,309
Prepayments and accrued income			46,701	61,706
			70,920	161,015
Creditors: amounts	falling due within one year
			2022 E	2021f
Accounts payable			33,502	29,114
Other taxation and	social security		28,810	44,849
Accruals and deferred		income	82,026	45,760
Other creditors			8,910	30,531
			153,248	150,254

The mov	ement on deferred income is as follows:
		2022	2021f
Balance	at 1April 2021	590	37,600
Released	to income	( 590)	( 37,600)
Received	in the year and deferred	45,143	590
Balance	at 31March 2022	45,143	590

Prior year		At1April	Incoming		Resources	Transfers	At31March
		2020 f	resources f		expendedf	In/out f	2021 f
Unrestricted funds:
Fixed asset	designated	2,728,308			( 120,298)	45,173	2,653,183
projects and general funds
Designated	project funds	600,000				200,000	800,000
General funds		861,924	1,770,339	( 1,437,973)		( 203,575)	990,715
		4,190,232	1,770,339	(	1,558,271)	41,598	4,443,898
Restricted	funds	92,352	105,098		( 81,542)	( 41,598)	74,310
		4,282,584	1,875,437	( 1,639,813)			4,518,208

Analysis	ofne	t asset	s be	tween funds
					Restricted	Vnrestrlcted	total funds	Total funds
					funds	funds
					2022	2022	2022	2021
					g	6	g
Tangible	fixed	assets				2,567,895	2,567,895	2,653,183
Current	assets				124,816	2,114,431	2,239,247	2,015,279
Creditors	due	within	one	year		( 153,248)	( 153,248)	( 150,254)
					124,816	4,529,078	4,653,894	4,518,208