## **Note: Focus on the reporting period of April 2021 to March 2022!!!**
## **Chairs Introduction:**
It seems not too long ago that we held our last AGM when we presented our financial performance for the year April 2020 to March 2021.
Today we meet to present the financial performance for the period from April 2021 to March 2022.
I would like to confirm that a further AGM will be held in Autumn this year to present our financial performance for the financial year April 2022 to March 2023.
I’m pleased that we find ourselves with a level of expertise in the organisation to enable quicker financial reporting and its mine and the boards belief that by streamlining our AGMs to occur closer to the end of the financial year that we can produce improved insights into the organisation’s performance.
Following the last AGM in Spring 2022 we have seen no change to the BOT. Within our operational teams we have seen just one paid member of staff leave during this period whilst we have seen similarly excellent levels of volunteer retention. During this time, we developed the diversity of our teams with MRC Team members from 6 different countries involved in our day to day operations.
Retention and attraction to the MRC team was helped by the work our teams did in Spring 2021 around an organisational vision and mission statement. Part of this exercise also saw us create 5 organisational values which our teams and leaders demonstrate in their day-to-day roles. These values of Empowerment, Professionalism, Welcoming, Growing and Compassion are important to our teams and our teams living these values has had a large part to play in our ongoing success.
I will now hand over to Paul who will talk over some of our organisational achievements and highlights of the financial year.
## **The shadow of Covid:**
Our previous financial year April 2020 to March 2021 was a story of survival in the shadow of the unfolding global pandemic. It is no secret that at the outbreak of the pandemic the picture looked extremely bleak for the organisation. The high levels of support we received from local and central government enabled us to retain the majority of our teams albeit if many remained on furlough for in some cases nearly 12 months.
The year April 2021 to March 2022 was very much one of recovery and much as society began to normalise so the MRC returned to the “new normal” during this time. Our last member of staff returned from furlough at the start of this period and whilst Covid was always part of our day-to-day activities and thought processes it was reassuring for the team to get back to what they do best.
## **Professional approach:**
At the start of the financial year, we introduced a new reporting structure into the organisation in order to support the delivery of what was looking to be a challenging year. The new team leader level allowed management and board to focus on our organisational strategy whilst ensuring high standards of day-to-day delivery.
Introducing this new layer into our structure supported a number of positive outcomes including:
-Improved departmental communications
-Less reliance on management for decisions
-Team Ownership
-Succession plans and improved holiday cover
Significant developments were made to upgrade our space leading to a more attractive environment for returning visitors this included:
-Full refurbishment of the Hall space into a modern, clean and neutral space
-A standardised colour palette throughout the communal areas of the building making our space more modern and inviting
-Work to the outside of the building opening up light to meeting rooms
-Conversion of 2 small meeting rooms into 1 more useful and useable space.
## **MRC Team Approach**
The VCSE sector relies heavily on volunteer efforts and MRC are no different. During the course of this year, we truly harnessed the potential of our volunteers and bucked a national trend of reducing volunteer numbers. Factors which support this positive outcome are:
-Uniformed volunteers
-Departmental mentoring and development of volunteers
-Quarterly MRC Team events
-Job rotation and ownership
-Clarity of standards and expectations of our volunteers
## **Retail Success**
Following on from the previous year’s interruption to retail through statutory closures due to Covid it was extremely reassuring to see retail return better than ever from Spring 2021. The cohesion of our teams during the year produced retail environments which looked better than ever resulting in us exceeding our retail sales targets.
Aligned to our core value of empowerment we delivered excellent value to our customers and through the Plenty 2 Cook Social Supermarket which opened to the public in late Spring 2021 created a whole new revenue stream. The diversification this brought to our revenue streams supports the ongoing stability of the MRC and re energised footfall to the building following the decimation of visitor numbers during the previous Covid influenced year.
## **Innovation**
Our Wellbeing offering was put front and centre during the year with a variety of events. A successful bid to Leicestershire County Council’s SHIRE grant led to the creation of our Wellbeing Project. Now in its third year the project offers free to user holistic wellbeing workshops offering yoga, meditation, group work and arts. The success of this project also helped drive awareness of the healthy options at the Plenty 2 Cook Social Supermarket where we designed healthy cooking courses and cooking skills workshops.
Our organisations Wellbeing journey would continue to this day with a successful bid being written late in the financial year to host Leicester, Leicestershire and Rutland CCG’s pilot Crisis Café Scheme. This sees our 3 trained peer support workers/Wellbeing practitioners host drop in, signposting and practical sessions to support our community’s mental health in a non clinical setting.
## **Summary**
The year April 2021 to March 2022 had a make-or-break potential for the MRC coming as it did off the back of the peak pandemic previous financial year. Our teams were able to take ownership of their departments giving me as leader an opportunity to work more strategically. The success of P2C and the start of the Wellbeing Project are notable highlights, and I am particularly proud that our financial forecasts proved accurate with this momentum setting us up well for the current financial year which I look forward to reporting on in Autumn this year.
I will now hand over to Sue for the Chairs closing statement
From where we are today it feels like the pandemic is quite some way behind us and we have certainly developed as an organisation since those dark days of Spring 2020. The diversity of our offering and the positive reputation MRC has gained since the pandemic is absolutely to the credit of all our MRC Team and on behalf of the board, I think you all for your efforts.
As Paul mentioned in his statement there was a high level of uncertainty at the start of the April 2021 financial year, and it was a relief to see customers return not least in part to the efforts of our teams in making the building clean and attractive once more. Financially the BOT consider the small loss I am about to report to be a positive result given the challenges and effective rebuild of our offering that faced us in April 2021.
Whilst internally we excelled during this year, we are extremely thankful to organisational donors and stakeholders who supported and collaborated with us during the year. On behalf of the organisation, I would like to thank the following
Morrisons Coalville
Leicester and Rutland Communities Foundation
LCC
Amazon
Sport England
NWLDC
B+M
Ashby Lions
Coalville Belvoir Rotary Club
Belvoirdale School
Fare Share
Aldi
Oakland International
Halifax Building Society
In closing I will confirm the results for the financial year 1[st] April 2021 to 31[st] March 2022. This is our last full year of accounts:
Total Income: £482209 (Up £7.5k on previous year)
Total Expenditure: £489628
Net: -£7419
Thank you for all your continued support and I will now welcome any final question for either Paul or the BOT.
```
REGISTERED COMPANY NUMBER: 03230594 (England and Wales)
REGISTERED CHARITY NUMBER: 1058583
```
## **`Report of the Trustees and`**
```
Unaudited Financial Statements for the Year Ended 31 March 2022
```
```
for
```
```
MRC Community Action
```
```
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
```
```
MRC Community Action
```
## **`Contents of the Financial Statements for the Year Ended 31 March 2022`**
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 2`|
|**`Independent Examiner's Report`**|`3 to 4`|
|**`Statement of Financial Activities`**|`5`|
|**`Balance Sheet`**|`6 to 7`|
|**`Notes to the Financial Statements`**|`8 to 14`|
|**`Detailed Statement of Financial Activities`**|`15 to 16`|
```
MRC Community Action
```
```
Report of the Trustees
for the Year Ended 31 March 2022
```
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct 2006,
presenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March 2022.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesa limited
company, limited by guarantee, as defined by the Companies Act 2006.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
03230594 (England and Wales)
```
## **`Registered Charity number`**
```
1058583
```
## **`Registered office`**
```
85 Belvoir Road
Coalville
Leics
LE67 3PH
```
## **`Trustees`**
```
J G Reid
S Hughes
Mrs H J Panter
L Picken (resigned 21.6.2021)
L Ricaby
R Barlow
C I Large
R Tugnet (appointed 24.9.2021)
```
## **`Company Secretary`**
## **`Independent Examiner`**
```
Elverstone Large Ltd
ACCA
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
```
```
Page 1
```
## **`MRC Community Action`**
## **`Report of the Trustees for the Year Ended 31 March 2022`**
```
Approvedbyorderoftheboardoftrusteeson.............................................andsignedon its
behalf by:
```
```
...................................................
```
```
S Hughes - Trustee
```
```
Page 2
```
## **`Independent Examiner's Report to the Trustees of MRC Community Action`**
```
Independentexaminer'sreporttothetrusteesofMRCCommunityAction ('the
Company')
```
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyforthe year
ended 31 March 2022.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompany law)
youareresponsibleforthepreparationoftheaccountsinaccordancewiththerequirementsof the
Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeaudited under
Part16ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectof my
examinationofyourcharity'saccountsascarriedoutundersection145oftheCharitiesAct 2011
('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenby the
Charity Commission under section 145(5) (b) of the 2011 Act.
```
```
Page 3
```
## **`Independent Examiner's Report to the Trustees of MRC Community Action`**
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberof a
listedbody.IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIam a
registered member of ACCA which is one of the listed bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattention in
connection with the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexamination to
whichattentionshouldbedrawninthisreportinordertoenableaproperunderstandingof the
accounts to be reached.
```
```
Elverstone Large Ltd
ACCA
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
Date: .............................................
```
```
Page 4
```
## **`MRC Community Action`**
## **`Statement of Financial Activities for the Year Ended 31 March 2022`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Other trading activities`
`2`
`Investment income`
`3`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
`Other`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`fund`
`£`
`373,806`
`105,130`
`3,273`
`482,209`
`463,967`
`25,661`
`489,628`
`(7,419)`
`337,990`
`330,571`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2022`
`Total`
`funds`
`£`
`373,806`
`105,130`
`3,273`
`482,209`
`463,967`
`25,661`
`489,628`
`(7,419)`
`337,990`
`330,571`|`2021`
`Total`
`funds`
`£`
`431,112`
`43,784`
`55`|
|---|---|---|---|---|
|||||`474,951`|
|||||`376,912`
`24,766`|
|||||`401,678`|
|||||`73,273`
`264,717`|
|||||`337,990`|
```
The notes form part of these financial statements
```
```
Page 5
```
## **`MRC Community Action`**
## **`Balance Sheet 31 March 2022`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`CURRENT ASSETS`**
`Stocks`
`10`
`Debtors`
`11`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
`117,164`
`-`
`107,242`
`171,542`
`278,784`
`(65,377)`
`213,407`
`330,571`
`330,571`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2022`
`Total`
`funds`
`£`
`117,164`
`-`
`107,242`
`171,542`
`278,784`
`(65,377)`
`213,407`
`330,571`
`330,571`
`330,571`
`330,571`|`2021`
`Total`
`funds`
`£`
`129,758`
`616`
`49,647`
`173,314`
`223,577`
`(15,345)`
`208,232`
`337,990`
`337,990`
`337,990`
`337,990`|
|---|---|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477ofthe Companies
Act 2006 for the year ended 31 March 2022.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfor the
year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 6
```
## **`MRC Community Action`**
```
Balance Sheet - continued
31 March 2022
```
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to
charitable companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
S Hughes - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
MRC Community Action
```
```
Notes to the Financial Statements
for the Year Ended 31 March 2022
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentity under
FRS102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102) 'Accounting
andReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicable in
theUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublic of
Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenprepared under
the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has
entitlementtothefunds,itisprobablethattheincomewillbereceivedandtheamount can
be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalor constructive
obligationcommittingthecharitytothatexpenditure,itisprobablethatatransfer of
economicbenefitswillberequiredinsettlementandtheamountoftheobligationcan be
measuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeen classified
underheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesona basis
consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachasset over
its estimated useful life.
```
```
Freehold Land and Buildings - 50 years straight line
Motor Vehicles - 7 years straight line
Fixtures & Fittings - 10 years straight line
Computer equipment - 4 years straight line
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdue allowance
for obsolete and slow moving items.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthe discretion
of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraised for
particular restricted purposes.
```
```
continued...
```
```
Page 8
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`1. ACCOUNTING POLICIES - continued`**
## **`Fund accounting`**
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the
financial statements.
```
## **`2. OTHER TRADING ACTIVITIES`**
|`Shop income`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
`Other income`
**`4.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Support costs`
**`5.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`2022`
`£`
`105,130`
`2022`
`£`
`33`
`3,240`
`3,273`
`2022`
`£`
`351,048`
`2022`
`£`
`16,827`|`2021`
`£`
`43,784`|`2021`
`£`
`43,784`|
|---|---|---|---|
|||`2021`
`£`
`55`
`-`
`55`
`2021`
`£`
`330,399`|`2021`
`£`
`55`
`-`|
||||`55`|
|||`2021`
`£`
`15,769`||
```
continued...
```
```
Page 9
```
```
MRC Community Action
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March 2022
nor for the year ended 31 March 2021.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2022norforthe year
ended 31 March 2021.
```
## **`7. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||`2022`|`2021`|
|---|---|---|
|`Employees`|`28`|`24`|
```
No employees received emoluments in excess of £60,000.
```
## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Other trading activities`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`Other`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**|`Unrestricted`
`fund`
`£`
`431,112`
`43,784`
`55`
`474,951`
`376,912`
`24,766`
`401,678`
`73,273`
`264,717`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`431,112`
`43,784`
`55`|
|---|---|---|---|
||||`474,951`|
||||`376,912`
`24,766`|
||||`401,678`|
||||`73,273`
`264,717`|
```
continued...
```
```
Page 10
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
|**`8.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|
|---|---|---|---|---|---|
||||`Unrestricted`|`Restricted`|`Total`|
||||`fund`|`funds`|`funds`|
||||`£`|`£`|`£`|
||**`TOTAL FUNDS CARRIED`**|||||
||**`FORWARD`**||`337,990`|`-`|`337,990`|
|**`9.`**|**`TANGIBLE FIXED ASSETS`**|||||
|||||`Computer`||
|||`Freehold`|`Motor`|`& Fixtures`||
|||`property`|`vehicles`|`equipment`|`Totals`|
|||`£`|`£`|`£`|`£`|
||**`COST`**|||||
||`At 1 April 2021`|`220,366`|`280,332`|`110,726`|`611,424`|
||`Additions`|`-`|`-`|`4,233`|`4,233`|
||`At 31 March 2022`|`220,366`|`280,332`|`114,959`|`615,657`|
||**`DEPRECIATION`**|||||
||`At 1 April 2021`|`120,581`|`257,518`|`103,567`|`481,666`|
||`Charge for year`|`4,048`|`8,997`|`3,782`|`16,827`|
||`At 31 March 2022`|`124,629`|`266,515`|`107,349`|`498,493`|
||**`NET BOOK VALUE`**|||||
||`At 31 March 2022`|`95,737`|`13,817`|`7,610`|`117,164`|
||`At 31 March 2021`|`99,785`|`22,814`|`7,159`|`129,758`|
|**`10.`**|**`STOCKS`**|||||
|||||`2022`|`2021`|
|||||`£`|`£`|
||`Stocks`|||`-`|`616`|
```
continued...
```
```
Page 11
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Trade debtors`
`Marlene Reid Enterprises`
`Rent Deposit - Attic new lease`
`VAT`
`Prepayments`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Pension Fund Contributions`
`Other creditors`
`Deferred income`
`Accrued expenses`
**`13.`**
**`MOVEMENT IN FUNDS`**
`At 1.4.21`
`£`
**`Unrestricted funds`**
`General fund`
`337,990`
**`TOTAL FUNDS`**
`337,990`
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`482,209`
**`TOTAL FUNDS`**
`482,209`|`2022`
`£`
`48,941`
`30,432`
`3,300`
`1,425`
`23,144`
`107,242`
`2022`
`£`
`28,213`
`2,547`
`-`
`1,372`
`33,245`
`-`
`65,377`
`Net`
`movement`
`in funds`
`£`
`(7,419)`
`(7,419)`
`Resources`
`expended`
`£`
`(489,628)`
`(489,628)`||
|---|---|---|
||||
```
continued...
```
```
Page 12
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
`264,717`
`264,717`|`Net`
`movement`
`in funds`
`£`
`73,273`
`73,273`|`At`
`31.3.21`
`£`
`337,990`|
|---|---|---|---|
||||`337,990`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`474,951`
`474,951`|`Resources`
`expended`
`£`
`(401,678)`
`(401,678)`|`Movement`
`in funds`
`£`
`73,273`
`73,273`|
|---|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
`264,717`
`264,717`|`Net`
`movement`
`in funds`
`£`
`65,854`
`65,854`|`At`
`31.3.22`
`£`
`330,571`|
|---|---|---|---|
||||`330,571`|
```
continued...
```
```
Page 13
```
```
MRC Community Action
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementin funds,
included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`957,160`
`957,160`|`Resources`
`expended`
`£`
`(891,306)`
`(891,306)`|`Movement`
`in funds`
`£`
`65,854`
`65,854`|
|---|---|---|---|
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 March 2022.
```
## **`15. RESTRICTED FUNDS`**
```
The following Restricted items are included in Unrestricted Funds:
```
```
Restricted Income
```
```
Donations - Children & Families/MRC The Centre/ Donations - £12,090.84
Donations -Transport Donation - £235.01
Charitable Income - Transport - SCS Driver £20,982.15
- Transport - ACS Driver £18,648.05
- Transport - DAR £4,256.50
Transport Grants - £63,620.00
Shop Income - Donated Goods - £61,906.91
```
```
TOTAL RESTRICTED INCOME - £181,739.46
```
```
Restricted Expenditure
```
```
Charitable Expenditure - Transport SCS Driver Expenses - £19,508.63
- Transport ACS Driver Expenses - £5,511.79
```
```
- Transport Volunteer Expenses - £90.65
```
```
TOTAL RESTRICTED EXPENDITURE - £ 25,111.07
```
```
Page 14
```
## **`MRC Community Action`**
## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2022`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
`Charitable income`
`Grants`
`Donated services and facilities`
**`Other trading activities`**
`Shop income`
**`Investment income`**
`Deposit account interest`
`Other income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Charitable expenditure`
**`Other`**
`Sundry expenses`
`Rates, water & service charge`
`Rent payable`
`Legal & professional`
`Subscriptions`
**`Support costs`**
**`Management`**
`Salaries & wages`
`Redundancy & severance payment`
`Carried forward`|`2022`
`£`
`12,338`
`-`
`135,195`
`155,250`
`71,023`
`373,806`
`105,130`
`33`
`3,240`
`3,273`
`482,209`
`112,919`
`7,827`
`1,306`
`11,000`
`5,314`
`214`
`25,661`
`242,683`
`7,484`
`250,167`|`2021`
`£`
`8,077`
`1,660`
`38,833`
`347,893`
`34,649`|
|---|---|---|
|||`431,112`
`43,784`
`55`
`-`|
|||`55`|
|||`474,951`
`46,513`
`5,799`
`2,420`
`11,917`
`4,403`
`227`|
|||`24,766`
`240,771`
`20,180`
`260,951`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```
## **`MRC Community Action`**
## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2022`**
|**`Management`**
`Brought forward`
`Accountancy`
`Insurance`
`Light and heat`
`Telephone & Fax`
`Postage and stationery`
`IT equipment & repairs`
`Repairs & maintenance`
`Cleaning`
**`Finance`**
`VAT Partial Exemption 2021`
`Bank charges`
**`Human resources`**
`Freehold property`
`Fixtures and fittings`
`Motor vehicles`
`Total resources expended`
**`Net (expenditure)/income`**|`2022`
`£`
`250,167`
`5,432`
`6,353`
`17,495`
`5,340`
`2,922`
`6,027`
`36,373`
`721`
`330,830`
`-`
`3,391`
`3,391`
`4,048`
`3,782`
`8,997`
`16,827`
`489,628`
`(7,419)`|`2021`
`£`
`260,951`
`3,438`
`2,896`
`11,935`
`4,390`
`2,293`
`6,746`
`15,885`
`224`|
|---|---|---|
|||`308,758`
`3,711`
`2,161`|
|||`5,872`
`4,048`
`2,724`
`8,997`|
|||`15,769`|
|||`401,678`|
|||`73,273`|
```
This page does not form part of the statutory financial statements
```
```
Page 16
```
```
REGISTERED COMPANY NUMBER: 03230594 (England and Wales)
REGISTERED CHARITY NUMBER: 1058583
```
## **`Report of the Trustees and`**
```
Unaudited Financial Statements for the Year Ended 31 March 2022
```
```
for
```
```
MRC Community Action
```
```
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
```
```
MRC Community Action
```
## **`Contents of the Financial Statements for the Year Ended 31 March 2022`**
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 2`|
|**`Independent Examiner's Report`**|`3 to 4`|
|**`Statement of Financial Activities`**|`5`|
|**`Balance Sheet`**|`6 to 7`|
|**`Notes to the Financial Statements`**|`8 to 14`|
|**`Detailed Statement of Financial Activities`**|`15 to 16`|
```
MRC Community Action
```
```
Report of the Trustees
for the Year Ended 31 March 2022
```
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct 2006,
presenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March 2022.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesa limited
company, limited by guarantee, as defined by the Companies Act 2006.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
03230594 (England and Wales)
```
## **`Registered Charity number`**
```
1058583
```
## **`Registered office`**
```
85 Belvoir Road
Coalville
Leics
LE67 3PH
```
## **`Trustees`**
```
J G Reid
S Hughes
Mrs H J Panter
L Picken (resigned 21.6.2021)
L Ricaby
R Barlow
C I Large
R Tugnet (appointed 24.9.2021)
```
## **`Company Secretary`**
## **`Independent Examiner`**
```
Elverstone Large Ltd
ACCA
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
```
```
Page 1
```
## **`MRC Community Action`**
## **`Report of the Trustees for the Year Ended 31 March 2022`**
```
Approvedbyorderoftheboardoftrusteeson.............................................andsignedon its
behalf by:
```
```
...................................................
```
```
S Hughes - Trustee
```
```
Page 2
```
## **`Independent Examiner's Report to the Trustees of MRC Community Action`**
```
Independentexaminer'sreporttothetrusteesofMRCCommunityAction ('the
Company')
```
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyforthe year
ended 31 March 2022.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompany law)
youareresponsibleforthepreparationoftheaccountsinaccordancewiththerequirementsof the
Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeaudited under
Part16ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectof my
examinationofyourcharity'saccountsascarriedoutundersection145oftheCharitiesAct 2011
('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenby the
Charity Commission under section 145(5) (b) of the 2011 Act.
```
```
Page 3
```
## **`Independent Examiner's Report to the Trustees of MRC Community Action`**
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberof a
listedbody.IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIam a
registered member of ACCA which is one of the listed bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattention in
connection with the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexamination to
whichattentionshouldbedrawninthisreportinordertoenableaproperunderstandingof the
accounts to be reached.
```
```
Elverstone Large Ltd
ACCA
Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE
Date: .............................................
```
```
Page 4
```
## **`MRC Community Action`**
## **`Statement of Financial Activities for the Year Ended 31 March 2022`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Other trading activities`
`2`
`Investment income`
`3`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
`Other`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`fund`
`£`
`373,806`
`105,130`
`3,273`
`482,209`
`463,967`
`25,661`
`489,628`
`(7,419)`
`337,990`
`330,571`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2022`
`Total`
`funds`
`£`
`373,806`
`105,130`
`3,273`
`482,209`
`463,967`
`25,661`
`489,628`
`(7,419)`
`337,990`
`330,571`|`2021`
`Total`
`funds`
`£`
`431,112`
`43,784`
`55`|
|---|---|---|---|---|
|||||`474,951`|
|||||`376,912`
`24,766`|
|||||`401,678`|
|||||`73,273`
`264,717`|
|||||`337,990`|
```
The notes form part of these financial statements
```
```
Page 5
```
## **`MRC Community Action`**
## **`Balance Sheet 31 March 2022`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`CURRENT ASSETS`**
`Stocks`
`10`
`Debtors`
`11`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
`117,164`
`-`
`107,242`
`171,542`
`278,784`
`(65,377)`
`213,407`
`330,571`
`330,571`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2022`
`Total`
`funds`
`£`
`117,164`
`-`
`107,242`
`171,542`
`278,784`
`(65,377)`
`213,407`
`330,571`
`330,571`
`330,571`
`330,571`|`2021`
`Total`
`funds`
`£`
`129,758`
`616`
`49,647`
`173,314`
`223,577`
`(15,345)`
`208,232`
`337,990`
`337,990`
`337,990`
`337,990`|
|---|---|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477ofthe Companies
Act 2006 for the year ended 31 March 2022.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfor the
year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 6
```
## **`MRC Community Action`**
```
Balance Sheet - continued
31 March 2022
```
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to
charitable companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
S Hughes - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
MRC Community Action
```
```
Notes to the Financial Statements
for the Year Ended 31 March 2022
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentity under
FRS102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102) 'Accounting
andReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicable in
theUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublic of
Ireland'andtheCompaniesAct2006.Thefinancialstatementshavebeenprepared under
the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has
entitlementtothefunds,itisprobablethattheincomewillbereceivedandtheamount can
be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalor constructive
obligationcommittingthecharitytothatexpenditure,itisprobablethatatransfer of
economicbenefitswillberequiredinsettlementandtheamountoftheobligationcan be
measuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeen classified
underheadingsthataggregateallcostrelatedtothecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesona basis
consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachasset over
its estimated useful life.
```
```
Freehold Land and Buildings - 50 years straight line
Motor Vehicles - 7 years straight line
Fixtures & Fittings - 10 years straight line
Computer equipment - 4 years straight line
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdue allowance
for obsolete and slow moving items.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthe discretion
of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraised for
particular restricted purposes.
```
```
continued...
```
```
Page 8
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`1. ACCOUNTING POLICIES - continued`**
## **`Fund accounting`**
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the
financial statements.
```
## **`2. OTHER TRADING ACTIVITIES`**
|`Shop income`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
`Other income`
**`4.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Support costs`
**`5.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`2022`
`£`
`105,130`
`2022`
`£`
`33`
`3,240`
`3,273`
`2022`
`£`
`351,048`
`2022`
`£`
`16,827`|`2021`
`£`
`43,784`|`2021`
`£`
`43,784`|
|---|---|---|---|
|||`2021`
`£`
`55`
`-`
`55`
`2021`
`£`
`330,399`|`2021`
`£`
`55`
`-`|
||||`55`|
|||`2021`
`£`
`15,769`||
```
continued...
```
```
Page 9
```
```
MRC Community Action
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March 2022
nor for the year ended 31 March 2021.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2022norforthe year
ended 31 March 2021.
```
## **`7. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||`2022`|`2021`|
|---|---|---|
|`Employees`|`28`|`24`|
```
No employees received emoluments in excess of £60,000.
```
## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Other trading activities`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`Other`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**|`Unrestricted`
`fund`
`£`
`431,112`
`43,784`
`55`
`474,951`
`376,912`
`24,766`
`401,678`
`73,273`
`264,717`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`431,112`
`43,784`
`55`|
|---|---|---|---|
||||`474,951`|
||||`376,912`
`24,766`|
||||`401,678`|
||||`73,273`
`264,717`|
```
continued...
```
```
Page 10
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
|**`8.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**|
|---|---|---|---|---|---|
||||`Unrestricted`|`Restricted`|`Total`|
||||`fund`|`funds`|`funds`|
||||`£`|`£`|`£`|
||**`TOTAL FUNDS CARRIED`**|||||
||**`FORWARD`**||`337,990`|`-`|`337,990`|
|**`9.`**|**`TANGIBLE FIXED ASSETS`**|||||
|||||`Computer`||
|||`Freehold`|`Motor`|`& Fixtures`||
|||`property`|`vehicles`|`equipment`|`Totals`|
|||`£`|`£`|`£`|`£`|
||**`COST`**|||||
||`At 1 April 2021`|`220,366`|`280,332`|`110,726`|`611,424`|
||`Additions`|`-`|`-`|`4,233`|`4,233`|
||`At 31 March 2022`|`220,366`|`280,332`|`114,959`|`615,657`|
||**`DEPRECIATION`**|||||
||`At 1 April 2021`|`120,581`|`257,518`|`103,567`|`481,666`|
||`Charge for year`|`4,048`|`8,997`|`3,782`|`16,827`|
||`At 31 March 2022`|`124,629`|`266,515`|`107,349`|`498,493`|
||**`NET BOOK VALUE`**|||||
||`At 31 March 2022`|`95,737`|`13,817`|`7,610`|`117,164`|
||`At 31 March 2021`|`99,785`|`22,814`|`7,159`|`129,758`|
|**`10.`**|**`STOCKS`**|||||
|||||`2022`|`2021`|
|||||`£`|`£`|
||`Stocks`|||`-`|`616`|
```
continued...
```
```
Page 11
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Trade debtors`
`Marlene Reid Enterprises`
`Rent Deposit - Attic new lease`
`VAT`
`Prepayments`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Pension Fund Contributions`
`Other creditors`
`Deferred income`
`Accrued expenses`
**`13.`**
**`MOVEMENT IN FUNDS`**
`At 1.4.21`
`£`
**`Unrestricted funds`**
`General fund`
`337,990`
**`TOTAL FUNDS`**
`337,990`
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`482,209`
**`TOTAL FUNDS`**
`482,209`|`2022`
`£`
`48,941`
`30,432`
`3,300`
`1,425`
`23,144`
`107,242`
`2022`
`£`
`28,213`
`2,547`
`-`
`1,372`
`33,245`
`-`
`65,377`
`Net`
`movement`
`in funds`
`£`
`(7,419)`
`(7,419)`
`Resources`
`expended`
`£`
`(489,628)`
`(489,628)`||
|---|---|---|
||||
```
continued...
```
```
Page 12
```
## **`MRC Community Action`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
`264,717`
`264,717`|`Net`
`movement`
`in funds`
`£`
`73,273`
`73,273`|`At`
`31.3.21`
`£`
`337,990`|
|---|---|---|---|
||||`337,990`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`474,951`
`474,951`|`Resources`
`expended`
`£`
`(401,678)`
`(401,678)`|`Movement`
`in funds`
`£`
`73,273`
`73,273`|
|---|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
`264,717`
`264,717`|`Net`
`movement`
`in funds`
`£`
`65,854`
`65,854`|`At`
`31.3.22`
`£`
`330,571`|
|---|---|---|---|
||||`330,571`|
```
continued...
```
```
Page 13
```
```
MRC Community Action
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 March 2022`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementin funds,
included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`957,160`
`957,160`|`Resources`
`expended`
`£`
`(891,306)`
`(891,306)`|`Movement`
`in funds`
`£`
`65,854`
`65,854`|
|---|---|---|---|
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 March 2022.
```
## **`15. RESTRICTED FUNDS`**
```
The following Restricted items are included in Unrestricted Funds:
```
```
Restricted Income
```
```
Donations - Children & Families/MRC The Centre/ Donations - £12,090.84
Donations -Transport Donation - £235.01
Charitable Income - Transport - SCS Driver £20,982.15
- Transport - ACS Driver £18,648.05
- Transport - DAR £4,256.50
Transport Grants - £63,620.00
Shop Income - Donated Goods - £61,906.91
```
```
TOTAL RESTRICTED INCOME - £181,739.46
```
```
Restricted Expenditure
```
```
Charitable Expenditure - Transport SCS Driver Expenses - £19,508.63
- Transport ACS Driver Expenses - £5,511.79
```
```
- Transport Volunteer Expenses - £90.65
```
```
TOTAL RESTRICTED EXPENDITURE - £ 25,111.07
```
```
Page 14
```
## **`MRC Community Action`**
## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2022`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
`Charitable income`
`Grants`
`Donated services and facilities`
**`Other trading activities`**
`Shop income`
**`Investment income`**
`Deposit account interest`
`Other income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Charitable expenditure`
**`Other`**
`Sundry expenses`
`Rates, water & service charge`
`Rent payable`
`Legal & professional`
`Subscriptions`
**`Support costs`**
**`Management`**
`Salaries & wages`
`Redundancy & severance payment`
`Carried forward`|`2022`
`£`
`12,338`
`-`
`135,195`
`155,250`
`71,023`
`373,806`
`105,130`
`33`
`3,240`
`3,273`
`482,209`
`112,919`
`7,827`
`1,306`
`11,000`
`5,314`
`214`
`25,661`
`242,683`
`7,484`
`250,167`|`2021`
`£`
`8,077`
`1,660`
`38,833`
`347,893`
`34,649`|
|---|---|---|
|||`431,112`
`43,784`
`55`
`-`|
|||`55`|
|||`474,951`
`46,513`
`5,799`
`2,420`
`11,917`
`4,403`
`227`|
|||`24,766`
`240,771`
`20,180`
`260,951`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```
## **`MRC Community Action`**
## **`Detailed Statement of Financial Activities for the Year Ended 31 March 2022`**
|**`Management`**
`Brought forward`
`Accountancy`
`Insurance`
`Light and heat`
`Telephone & Fax`
`Postage and stationery`
`IT equipment & repairs`
`Repairs & maintenance`
`Cleaning`
**`Finance`**
`VAT Partial Exemption 2021`
`Bank charges`
**`Human resources`**
`Freehold property`
`Fixtures and fittings`
`Motor vehicles`
`Total resources expended`
**`Net (expenditure)/income`**|`2022`
`£`
`250,167`
`5,432`
`6,353`
`17,495`
`5,340`
`2,922`
`6,027`
`36,373`
`721`
`330,830`
`-`
`3,391`
`3,391`
`4,048`
`3,782`
`8,997`
`16,827`
`489,628`
`(7,419)`|`2021`
`£`
`260,951`
`3,438`
`2,896`
`11,935`
`4,390`
`2,293`
`6,746`
`15,885`
`224`|
|---|---|---|
|||`308,758`
`3,711`
`2,161`|
|||`5,872`
`4,048`
`2,724`
`8,997`|
|||`15,769`|
|||`401,678`|
|||`73,273`|
```
This page does not form part of the statutory financial statements
```
```
Page 16
```