Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E Company r8gistration number.. 03254216 Charity number.. 1059045 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) MENZIES
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) CONTENTS Page ferge and admlnljlrnti ddalls oftho Ch¥lty. and ad¥hw8 Tru¥t•O8' report Indepond•nt •xamln•Vs report Slatem•nt of flnon¢lo1 acdvltl Balan¢e sho•1 Not•s to th• flnanGlal 8tatsmsFts 8-19
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 MARCH 2022 Tru8ts08 Mr Phllp Cuyi8 lawAitrrted )tr2021} Mi88 JoyAJkn lapwxrTtad 30 November 20211 Conyarty Toglst¢r•d ner 03254216 Charltyf•gl8tw•d number 105W R•gl8t•rgd offic0 Chard L8r Miword &Jrrey GU85EZ IndgF*ndent Examlnar M8ro188 LLP C8nln)m Hous6 36 R(x4d Egham Surrey TW20 9LF Bankors Uoyds Bank Hc 49 Hlgh Street GodMIrJ Sumy GU17 1AT Boodè M8tseyskJg L30 4GB CCLA Inv•glnwtt VAnageThnt LtrTthJ 80 CheapsKIg London EC2V 6DZ Page 1
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) TRUSTEES, REPORT FOR THE PERIOD ENDED 31 MARCH 2022 Thè Twsts¢s (w) are dso the dlreclors und8r CoMpry Law) prewit Rewt th8 Flnan¢l81 Statem8nts for the period ended 31 Mord12tr22. OWECTIVES AND AcnvmES Tho oblecfjve ol IthKord Vmlagas Day Centre Io PTomoto Ihg t•th rA thg W In any manner Is, or hereafter may bè by law, to be c4wli tlthkn thg rojnty ofSurreK. Thg Tr(tee8 have coMpld ith the in SeciTh 4 of thè cawill 20C to ho due regard to th& Charfty Commis$kn's giidarK8 on putAlc n&fil The mlsslon 8tatet7nl Is to lirnB for ple and offw and frfondBhry) b) a sUmulaUw and enjoyabl& sgtung. vthllè KD¥lthng rdleffrff cams. Tho Cgntrg op8rate6 but 1$ rec4)gnised by wav0 Councjl as a cnre day-centre in thè borough. It pe8 3ceS the elderfy vhthln Wford Its alght rr(Th11ng of Bfook. ChIthJltsId, Elslead, Hamblgdon. H05¢ombg. ThUrny, WIUey and WMI)16y. 88 as regkjts of Godalming. The Centro oporat8s under the nam of Thè ckth0. Is usu8lyq>8n 5 d8ys a week as 8 dropln cenlre byth a full ranp Ofa¢Ifvt. 8ntertAlnmont aTrJ Iw(. STruURE, GOVERNANCE A14D MANAGEM Mllford and VIIBges Doy Cntro Is a cornw llnrft£ ty guwarth. governed by Its M•morMlum & ArUc498 0fkn0ctl0n. Up 30th November 2021 the Board of DIrectO corwis Ihe Twstee8 of thè ethArlty who undertook the martag8m8nl fijnctton YAth MMIttee$ un¢Jer lh9 (almi8Tr8hlp of a Trusleè eM[m) io Implemenl the ppts'ia98 approved by the Board. Board meetlngs were. up to 3(Ilh Novwnber 2021, hdd bthlY and wer8 aitond&J by thè d8y-wtre manager to whom tha dey lo day mwg8m8nt was debyted #knit wlthin defmed 16mi$ of INfere. On 20th Novérnb8r 2021 Ihe of Th8 CkK&hyJse was by Age UK Surr6y and trn that datè bwme an Intégral buesS wlthin the oper81ion8t Il latter ch8rity. FlIkD9 the acqulsmbn. the prfnclpal ch8110r8 has been to ye4nvorat The Cloc&house wlM)se been materiaHy COtraIned ty the Com'd pandemlo In paral1 Vth that Drk a reflMl pr(¥erA wa8 Put In *llh the (4)je(aNe ol translati)g Th& CloCkhsè Into a mum purpose eommunlty e8ntrg not thy ¢atortrKJ Iho gldwty of tho Co)Ywn1fy but #Iso attrdcJng othor 58gments not 198$t th& y(MJtw Gèrthtion. In addth. wowk 1 hand to cr8ate ofkts space to alk)w The Cknd(houBe to bbcome the headquarters of Ag• UK Surrey. Ihe tter exlllNJ rental Fwnls&s In GuldfLYd vthere a lease was aboirt to t8miln2t8. The day to day m8n899lyI of The l]ch)uso r8mts w6th tha local MagemOnt to8m albelt Ih81811gr now reportlng to the 1)p8ralions Manager ofAg• UK Surny who retx)ris to the ch ExecutNe for thfr pèrfomiance ofthe i81n88$. ACHIEVEMEprfs & PERFORMANCE Maln wlovamÈnl8 In the to 301h N(ydemlw 2021.. W8 ts)nUnued to PTonth our arouThJ the [j$S vK¥eased. tAted putAk. alrned at Intxea8ing both Men)lIp. ottendoes a1 fijThdl, lo keep up V•l%lst tN9 woa retwn1r to Th)rmai opardlk)n8 Post covld. Wa benefiited from w¥r81 generous wants and dikTh duriTrJ the F0d. Tr (*fttro wthjld Th)t bg abLg to fvn¢tlon vAthcwt thls essenfral support. Thè chekh$8 ¢ontknued to to rela110hip& Jwrt)y of all group6 and other wganksafk•n8, having due rgjard ftjr the restrictions in opereilon. Page 2
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) TRUSTEES, REPORT {CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2022 FINANCIAL REVIEW Du8 to th8 acquis[br of the ck¢kI by UK Sunby it h#$ be a shrKt rj for thg Charlty Yrith rrf) acttvity post 30th November 21Y21. Total wicomé (or th8 y8arwas £35,S94 {2021: £125.8981. Totsl byrMlitur@ the yearwB8 £766,812 12021.. £174,652), lUdIJ the donatkni of the activmfigs of Tho Clc¢khouse to Ag& UK Surrny 01 £699W1. The dofi¢il for th8 yoor Ss £731.27812021: £48.7541 and totsl unrestrictsd fvnds (¥[r fi)r%vard arg £Nrf12021: £731.2781. INVESThIEPll AND RESERVES POUCY In the yefjr, and up the 0r$t10rts ofthè ChW9 tr8Mferred to ho8 UK SLwf6y, IM knv88tmenl8 aThJ polty was.. Tho pollcy is to MnI8) th8 fr88 r8s8r¥es of Ih at a levd whith to b81w three ¥ix nths. unrestri¢ted 8xp8ndllwè. Th1$ wldg8 wf1k¥t fuFMIB to tsJnUrw8 oJryant a9$ kn tho went of a BigTrknl drop In ino)mè and we b81eve IB adequate to C¥)V8r mc4t con¥rwca88. The bvel of re8erv88 15 nwMltcd and revlgwl by Il Tnth on 8 Wwterty basls. DèSIgnat Funts arg set ad0 by the Trus 8TrJ we to mHlntsln Ihe irnprovenl aThJ rblurblshm8nl fund at the s&me18vel as &Y8vIous y88rn. on D8nated aThl ResbX8d Fuwjs sl¥Ayn in NDte 13 to th8 8crthnts. Trusteos hav8 fvll Inv&slnwl po15 a1 have in the pt Inves1 thg fvnds to 98tabli8h The Cltx4dKJU89 With purpos&buSlt bulldlw, an 6xtfjnd car PaTK fftorgs a1 mlnibu8es. Tho Trugt88s ré8dv•d thattho ¥h resev¥es slKoJhJ b& rgJty and hon¢e they are hdd dOkX)8tt eamlng competitlve rates of Interest cx)mmensurat6 wlth 8tturity. The nMy)rity of tdances are 1 by the COIF Chartt# Deposll AccounL PLANS FOR FimiRE PERIODS 8¢tiville$ of The CkhOW wer& aD]utr•J by UK gAmy on 30th November 2021. Th& Ch¥ity has not OP8rated slnca thls data A111 L% the tntenlknFT ofthe Tte8S to keep the CIKgrfty donn8nl gdng foN8rd. TRUSTEES The Truste88 in th8 y8arw•r8 98 frAIow: Mr Clfve Websier Ifes1gn 30th NoY&nber 20211 Dr Rachgl BTry Irgsignod November 20211 Mr Dermol CoaeY IresEW 30th Nov•mb8r 2021) IArs Dawn Owldsen ITrsyd 30th Noventhr 2021) l¥ William Irestqn8d 30th Novernb8r 221) s dI Fltch lapFKxnt8d 291h October 2020. res1 301h N(Ntmbgr 21) PArs Tr189 Murphy (reslgned 30th November 2021) Mi Stefan Reyrddg IwvJned 30th Novemb 20211 Ar Robln YOU ITe6Jned &)th Ntr48mtxr 2021) Mr PMI) Curri8 (appointed 30th November20211 MIS8 Joy (aFvolnM 3(Xh No¥ember 2021) Page 3
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2022 SMALL c(PANy PROSK)Ns Thk report has bgen propared in ac¢¢xdarTh wllh aprAicable lo companles enl[ll1 io thè smdl u)nwanios xption. Approv8(I by o th9 mamber3 ofthè tmwd 0fTn $bJ cfft U*lr behdf by. Mr PhllSp Curr1• Tntstoe Date= Page 4
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) MENZIES INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF MILFORD AND VILLAGES DAY CENTRE 1ndopÈtknt exarnlng r•port to the Tn¥lo•8 of Milford VWe8 Day C•ntr• fth• Chvw) I report to the charty TNst689 on my exanlnalkn ofthe Of Charity for the period On1 31 March 2022. R98ponslbllrtl•s and basls of rei A8 Tru81995 ofth8 Clkgrity {and lis drectorB the purpo$g8 of comp8ny18wI you are restx>n$ltrAe for tho prepar8tk)n of the accounts In orT(lae wllh fv reqUIrem ofts com[no$ Ad 2006 2006 ALI. HIng 8atisffiJ myself that the aco)unls oflhe are not requ1 tr• audlied r Part 18 ofthe 20C6 Act and ar 8lvJlble for Indap8rKl8nt examlnatkx). I r8pNi kn rospwA of my gx8mintion of th6 Charfvs aw)unts out under sectitsn 145 ofthe Charftk$ Att 2011 nhe 2011 ACVI In c4rt my oxamination I fc4lowed th& Dlrè¢lons gfv$n by the Charlty Ccrfnml581cn undarswjton 1451SXb}d lh8 2011 P IndupBndpnt examln8fs •tat•ment I have cometlI my examInaV. I confirm that no mattws h8v8 ¢x¥ne to my In COn¢tion the 8xamlnatl( me caw to lve.. acwLW)Un9 r)xS[O not k8pl In re5p&X of thg Charmy a5 by sth 386 ofthe 21XJ6 A(a,' or the acL¥Junts do not 8ccth wmh tho59 reCC' c th8 8(mJnts thj u)mply wilh th6 reW1Trnts of sbOn 396 of the 2CI)6 Act 0r than any faqulrèment 91 th6 8¢(xxmts gfive a and f8(f vkny whkn not è mattor ¢x)nswJ8 88 port of an Independent 6XInall0. or the 8cKounts have rn)t Leen prepa In acujrdm Ihè melhods and prlndples of the Sialemgnl of R¢¢ommended Pwlle8 aLY)xJntirvJ and rewrtlng by charities 4JpllCab to Charl8$ proparing Ihoiv accounts In accordknce the FinanrAal Repww StsIKlaid app&%bJ8 i) UK aThJ RépuL4k of IAnd IFRS 1021. Wé draw attèntK)n kn note 22 tr) the finarKH stBtsrnenis 8ypJaln8 that tho Ttee$ ha donated all trade assets of thg Charty to Ag8 UK SuTrey as of 30th Novembtrr 2021 and therth (kj not (81der it appropriats to adopt the golng concem W8 of ecwunting k) the Ilnanclal statents. pt[dInglY lh9 finArKial 8t8toments hMv8 been prepared on a ba8 other than golry nCeM as (kncrfted in note 22. I cM17mi that therp no r¥wltgrs to whlLL atten0Q thould b& ¢kn to a prDp8r underondlrrfJ of th& accounts to be reach. Thls rep(t made lo the Chartiys Trustees. as a Ixxty, tn a¢cUdan with Part 4 of the Charfuas (Accounts and Report81 RegulalonB 2CK)8. Ptty Yffjrk has bgen undertaken 80 that I mp)ht slat8 10 the Charitys TfU8te8s th080 matters l requlred to state to them In an Indop8ndent examinats rewt and for no othknr purpo99. To the fullest extent pÈmiitled by law. I do not accept or assume respo11 to anYe other than th& Cjwty and tho CharW8 Tru6t*•y as a body, for my WOTk or lorlNs report. DrKuShJn•d by. Signed: Dated.. 22-Feb-2023 634F2ADE9214471 Janlca Malthew8 FCA noS LLP Centrum Houaa 36 Stsuon Road Egharn Surr6y TW20 9LF Page 5
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD ENDED 31 MARCH 2022 Total lund lundB 1 Octobw 2021 1 O¢tobor 2021 1 OctoboT 2021 to 31 Alar¢h lo 31 March to 31 March 2022 funds 2021 In¢¢ffla from: Donadons and legaoes Charitable acbvStSag Other tradry actwidas Invp¥trnents 11210 12.21D 63,227 39.474 23,173 24 1976 1976 Total Inco $34 125,898 Expandlture on.. Ralslng funds Charitable actlvttles 347 347 766.465 7T1 173,881 554.105 Total 0XndItur• 211707 5M,105 766.812 774,852 (1n.1n) (W.105) 1731.Z18) 148.754) RillatIon offwth: Total funds bjgt Icffward Nèt movement in 1TI.173 (177.173} 554.1115 (654.1051 731.278 f131.2781 780.032 {48,754) Total fund8 carrfBd Iprward 731,278 The Ststern ofllnan(ya lThSud8$ 81 and losw rortsJrd8&J in th8 wl(xl. Th& te& on paLw 8 to 19 foffm wt ofttJes6 flrAnd81 &$teM PBg& 8
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) REGISTERED NUMBER: 03254216 BALANCE SHEET AS AT 31 MARCH 2022 31 March 2022 30 Sept 2021 Flx•d 4850ts T8ngltle a&8el8 14 545.371 545,3TI Currant aomts stocks 1.479 4,510 212,OT2 218,061 (32, 154) 15 Cash at bank and #) h•nd Credltors". 8nts laHfrw dug wlthkn on8 yOBr 16 Ngt curr•nt as8•ts 185,907 Totsl 48¥9ts less cuTh•nt Ilabllldg 731,278 Total not a88ots 731,278 Chwltyfunds Rl'¢led fvnd8 Unrestdctod fund$ 17 17 554,105 177,173 Total funds 731,278 The Charlty WB$ onllled to ex fftwn autht unthr Secu 477 of lh8 cnpanIe9 Act 2(. The mambejs hwe Th)1 requtrod the (xxrpany to oblakn an tslhè lod In In a1xdrThth section 476 of Ccmpanles Act 2(. Tho Trustees ac*nOW thglr for wllh requInts 01 thè Ad wlih respect to aoUntIng The financial ststomwts have tn preprnl i) aw)[d vth thB wo¥lsbns wlicabie to gntiuos suF4BCt tr) thè 8mEII companies reglme. finaal statemgnt8 wert aFwoved ènd IS by Tnths and slgnod on thoirbehalf by. Phlllp Currfè Trusteg Date: LL. ot. 2oL%. Thè nots5 on p8geg 8 to 19 fonn ofthe88 finandd slalThnl& Page 7
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 G•noral Infomtlon Milford aFKI VINag8s Day c 18 a Frftvaie dmrtlabkn c<Mrw)arry Ilmlbd ty guaranteg In{xoI810 In England 8nd Wales. Th8 address of the regtstÈd offic& Is on th8 company lftfr¥matlon pago. Th8 members of Ihg ¢ompany are tha TnJstèg8 narned on 1. In Ihe event ol thg ¢arrty Und up, the Habuty respacl of the guarant Ilmited to £10 pèr nwrtw of thè d). Th8 8rMJ pr&tentatlon ¢wrency ol Ihg charfty 18 GBP. A¢¢ountlnq polkles 1.1 Ba815 of pr•path offlnandal statonwnts The flnanel81 slatemenls have prepared In th Ch8rfIès SORP IFRS 1021- Acixjuntlng a1 Reporung by Char[1.. Statenwrt of Re¢Thimonded Pra¢tKe apIcaLl to charfdes ptsparfThJ thdr 8ccounts In rdanI with the Fin4ncia Reporlro Slandard appkable In thè UK and Repu ol Ir&l8nd {FRS 1021 leffthe 1 January 20191, the FinwK181 Repjtrig st[1 pp1Kab In tho UK and Ropubllc of Ireland IFRS 1(r218ThY the 2tt6. Mlford Vllagas Day tr thg InN1c of a pubk enoty undèr FFIS 102. Assets and liablltles are initlaty rec4)gnlsed 81 l¥thiral )St cr transadon value wl885 OtheNAs& st8ted In the rdgyant occounting pcllcy. The 8Q¢OUThtino peTicJ of Vlag98 Day Centre ha9 chaiv¥d tr) 31 March In wdor to bo i8terrt UK Surrey enlib8¥. 22 Golw conegm On 30th Nov8mbw 2021. 11 tharity was l#ken by Agè UK Suwrey Llrthd awMI all of the tradg a6$8ts trans. Tr Trustees have tea81 athitkB at th8 year end and tho th8rity ¥11 remalr¢ domiant wjl forward. The accounts arg on a bagb othor golng (ornam. 2J Incom• I Ino)rn8 ts reIsed oru th• Charity has 6ntiUeTnent to Ihe kno)m8. it 18 proba8 that thg Incom8 wil be r9cei¥ed and tha arrK)unt of inc¢xne can be measurfjd reliably. The reo)gth of from ltyad&g i¥ depent on 88tablthing entlllèment. the probabilty of recblpt and the abiltty tQ o91imate 8uffident aC[ra the amount re1vatI8. EVIden( ol enUtIem lo a gaCY oxis18 WIn the Charlty has surfvenl evklerKe that a Gift has been IBft lo them Ohrough kn05thge of the exlsten of a valld w511 and the death of th8 b8rfaCtOrI and the execuior b sausfkd that the property In queslknn 11 Th)t be required to sallsfy dalms in tho o#at6. Rec8iPt ofa l&Jacy mu8t be ie¢xwLs8d vAn It b probabje that It wlll b8 re¢elved and Ihe fair value of the receN&A8. wtll generdty be th9 expectèd cash nnI to b6 d1stri1ted to thè Ch#rlty. wi rdlatfy m$8N¥ed. Legac188 receed In prKm y¢W8 havè bn d8sknatod th8 Twetees us8 In conngcuon wlth thè projecl to lryjrove IlIding acc•ss, subsw refurbk%fvnwt arKI the ]rla113t of solar p&n818. Grants ore induded in the Ststemert of finaMI81 thtbes on a re1vable basls. Thé ba5arth of Income recelvod for 3pechlc purpose5 IMJI expaThY&J durfng the pwltyl Is shovm In tho r8fevant fwKI8 on the Balance shL Where reved in advanL of wtiyemont of recelpt. its r8cogntt1 Is deferted an includgd in c¥edttors as dèfeftj In(a)me. Whar8 entluent OLJf8 bgfore inc4)m6 Is reIVed, the income Is accsueo. 2.4 Expendlturè Expendtturè is tharged when Irywrred. an L¥V t15. The malcwlty of gxpendHur• 18 directly atknbutablé lo the ¢waUon of Ttr CkKkIsO aThJ1g showm a5 a c*)sl Infvrthgrm of Ihè of tho charity. Page 8
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 ounllng polkl•• {¢(ntlnuod) 2A ExdItur9 Icontlnu•d) EXpeThJIre on rai&ThJ bJnd8 InckKIBS al eyndlbjre inoJThod by ts Charity to ralse fvM18 for ks charft8bl8 pwposes aml indudes costs ofal T[alrj ALlivibes events and nonwIlabl¢ tr8d¥w. Exp8ncllture on tharilae acMie8 Fs illuJTred draclly undertakkny the whl¢h rther Ihè Charfv otyedlvos. 88 well as any aat supw>rt. Gts payatrAè 8r& In the th& ithr made exc4t kn Ihos8 ¢xses whwg th& offer condftional, suth an[S bethg raco9nW as exFeThJitiJre tho cMditK¥)s altachlng are fvlIed. Grants offered sUblt to fA)ndiUons have Lwn tnet at the end are )t9 a8 a ¢C)rnItsnent, bul rk)t a¢¢nd as eXtuB. AJI 8yMllbJr& of ire0)Ve VAT. 15 Int•r¢st r•¢glvabl• Intsrgst on lujmls hgjd dgpxli is iThJLKbJ Vknan I1Ve arKI th9 amount can ba mgasured rdiabty by the Chartty,. th58 Th)rmaMy l)n ol th& Interest P8kl ex pay8bl8 by thè Insotutkn wth whom the funds are deposlled. 2.6 Twglbl a8s0ts and d8w•d•lk•n Tangible fixed assgts arè knllt81y rocCj at ¢t After rewnrtson. undor the cost model, tangibltr fLK8d assats 8re mg08ured at cost Igss actyJmLlalgd detK8dakn ar¥J any a(xMMnulatsd Impalrm&nt108888. costs Iurre{l lo bring a twy't48 ass8t irtto tts Intd Kr¥j 1ndItion shousd in¢k¢ded I) tho measurement of cosL 1$ ch8ryEd Bo 88 to alk¢ate thg L))St OF tsngklg flKed a880ts 1088 Ihelr r&BIthI valtsè ovw ibolr estimated useftjl Ihes. Tho 0sUmaled u88ftd lJ'iM6 7Je as Freehdd proFwty L8asehc4d prop 4otDiYehides Fixttjres aThJ flttlngs - 2% on (x)st - over Ihe tem) of th8 lèa88 - 25% r&luang b&r - 20% Ilung b8lar 17 P•n810 The Chartty (¢aleS a defflnwj (¥MtsItKrtk)n schemè atyj Ihe nSiOn Chaje reprè8ents the amounts payabl8 by thè Clrity to the fd in rgsw ofthe ria. 18 Fund ac¢ountlng General funds are ury8st orè fortn8 al Iha (l8(¥et1 oflh8 Trle•S In fvrlher&nce of Ihg general Cl)itive6 of Ihe Chwlty •xl whlL* have not teen dosKJrwted for otw punx)$98. Re3lricled fvnds are funds Twlith trj be used In al£8n[¥ wJ8cific restrwlons imposed by dontsts or whth have been r&ls8d by the (Jwity for parUuA8r rwrpos8s. The cosi8 crf ra5siThJ •TrY aJmJnLYteriw such fvnd8 8re oh8rged against Ihe spgjfic fvnd. The aim th LL8e of 88th Trstrict fvnd Is set t in th8 not&8 to th& stat¢mgnts. Inve8tment Irjojm. gahL4 at¥1 kJ8809 are thatod to thg apw(ffrflats fvThS. P£ge 9
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Income from donotk>n¥ and legac Total funds fund8 funds 1 October 1 Oetobgr l O¢tober 2021 tv 31 2021 to 31 202110 31 PlarGh 2022 March 21122 March 2022 rotBI fijnds 2021 Donalon8 Legacl88 Granls 3.376 1376 19,336 6.P50 36,941 Q834 834 11210 12,210 83,227 Total 2021 14.672 63,227 Unrestrktod Total funds funds 1 October 1 OctOr 2021 to 31 2021 to 31 reh 2022 March 2022 Tolal fund$ 2021 Food and snod( bar 6ales Actlviues arKI da88es PlSates. balane8 Halrdr8S8ing & clhws8rYI rent OuknJ8 Transport Bulldlng hire Grants frorn external bcrfllgs 13.110 2A47 13.110 2A47 1,297 1.332 1,063 3,748 285 396 6.685 24.668 776 TT6 1.898 20,345 20,345 39.474 Tol812Q21 39.474 39,474 Pag8 ID
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 kncom? frorn other Iradlng a¢tlvlU h)com• from fundrahlng •v¢nt• Total fun0$ funds 1 October l orfor 2021 to 31 2021 to 31 March 2022 Mar¢h 2022 To¢al fvnd8 2021 FundrBlglng I£è 2,976 2,976 23.175 Total 2021 23,173 23,173 Inyostmont In Unrnstkletsd lund* nd8 1 Octobor 1 O¢tobèr 2021 to 31 2021 to 31 IAar¢h 2022 Mar¢h 2022 Total runds 2021 Investrnent Incon 24 Tofal 2021 24 24 Expendllure on ralslng funds C08ts of rn181ng ¥olunt•y incoim Unre8trl¢tsd Total fund5 funds 1 Octobor 1 Othbor 202110 31 2021 to 31 lA9h 2022 March 2022 Total fvnds 2021 FUndraing 8XPBtw 347 347 771 Tot 2021 771 771 Pag611
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Exyndlturè on rn18lng funds Ana15 ofgr4nts Grants to Institutlons 1 Octtsbèr 2021 to 31 Marth 2022 fuNIs October 2021 to 31 March 2022 Total funGIs 2021 Oonalknn of activttres fr) UK S 699,1 699,901 Anatyslg of0xpondlre on xtlvltlg* 8umm8ry by fund type lund8 1 othr l October 1 Octobpr 2021 to 31 2021 to 31 202f to 31 IAprch 2022 Mar¢h 2022 Mah 2022 Tolal 2021 CWtable acbs1$Y 212,360 554,105 766A65 173,881 To1812021 131902 40.979 173.881 10. AnatyBls of expondltuyp byactlvlllg8 Granl undortaken fun(Ing of dlrgcty •ctMlks fund¥ 1 October 1 October 1 Octobér 1 Ottober 2021 to 31 2021 to 31 2W21 to31 2021 to 31 Alar¢h 2022 Mareh 2022 IAarch 2022 hlar¢h 2022 Supwt Total fvnds 2021 Charitabl& a¢tleS s99,1 28,270 766A85 173,881 Tol&l 2021 148,8 25.OTT 1Y3.881 Paga 12
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 10. of •xp•ndltur• ty•¢llvIOoB IwrtSnuod) Analts of dlrnct costs fund8 1 October 2021 to 31 IAarch 2022 Total funds 2021 staff ethts Depre¢1kn Trnnstmyt 16.071 3,802 333 2.005 4.2S2 053 3,562 234 78.284 20,491 3.305 7.883 13,302 3,728 3,494 342 Premises Insurar Office exp8 Adv8th5ng Stsff tr8inlng BankcW8$ ¢Jthèr tsnirB 8xpenses Repairs. ren6wal¥ aTrJ mabrtenanc 168 308 9.313 8,324 582 38294 148.804 Anal>B18 ofsupport CO8ts Totsl funds 1 October 2021 to 31 March 2022 Total nd& 2021 Profes8ional 188s 28370 25,077 11. Independent 0X1n0 r¢munwatloD 1 October 2021 to 31 March 2022 2021 F86S Payabb to the Charivs oxwniner tstho Irmlepandwrt examinatk>n oflhè Charitys an ants 3.100 2,950 Pag? 13
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 11 Stafl ¢osts 1 Octobor X121 to 31 March 2022 2021 Ww 8818rf86 sCfaI securlty 15.806 76.861 261 t.162 265 18.071 78.284 Th8 aver6 number of porgon8 ompbffll ty Ihe Chailty durkng th$ poibxj m a8 kllow%: l O¢tober 21121 to 31 March 2022 202Y No. EmFloyS No 6mpW rwrnmeration aTr)unlu to more Il*n £60.OIKJ in eilher year. The Clockhse wjlh v8kJ•J assIStar ofnwny UTr1 vdunteer8 who ar8 ¥Maud8d atw. 13. Tnth#s' rnrnunerntlon and expor Dwkng thg WKbJ, Th) Trustee6 TNed rwrth8ralton other bene171s (2021. £NIL). thjrfng th6 wrkyJ endo1131 March 2W no Tntho &y¥5 bwr&J (2021 . £NIL). Page 14
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 14. TgIbl$ ts•d I* Moior Flxturos and vahl¢l•s fittlng8 )porty propgrty Total At 1 ¢Xtobor 2021 Addtttor 840.176 44,372 1.022.T18 5,443 181,787) {1.1128,2211 Dlsposa8 1846.176) 155.886) 144J721 M 31 Mard12022 At 1 October YJ21 Charge for the perfc¥J On dIspos9 341m2 1478 1343001 34.887 372 135,25D) 32,958 475 67.740 476 16B.216) 477,407 3.801 1481.2081 133,433) At 31 klarth 2 Net book valu• At 31 Marth 2022 At 30 September2021 504,354 20.999 11.414 545.371 15. Dobtorn 31 March 3tr S8Ptemb 2022 2021 wlthln ono y•ar Trad8 d9bl<YB Prepaym8rt8 w)d 34 4,476 4.510 Page IS
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 Crndltors: Amounts falllw du• Tlthln on6 31 March 3Q Soptgmbor 2022 2021 Trode credttor8 Accruals and d8f&Thed 1me 7,701 24,453 32.154 31 March 30 Seplgmber 2022 2021 Deferred bKome 811 Cktobsr2021 Resources defeThed durir¥ the period Am¢wnts released from pmvious 1,337 710 1,337 lo) 11.33n 1,337 Defeffed Income relats8 to recehwj In adv for r¢xm hlrg 8t Th8 CkhryjS8. 17. Statement of funds 8tAtsm•nt of fund¥. cunvnt p8thd 8plance at 1 Octobèr 20 ealance 8t 31 M?rch 2022 corn• Expondttur• unr1¢ fund Gen6ral Funds 17T.173 35.S34 12147071 R89trfct•d iknd8 Land arhj buMdNJg Flxiur98 & FIIOngs Moior vèhldes 8eoJffty Dooys Ent•rt4lnm0ntK¢th8IoTlOUIreh C8rer ButtwAy K4Jic Tthe Olher re81ri¢fed turKIs 524355 1525,3551 353 If 1.4151 146ni 140391 {1745} {4081} 11501 11.415 5.673 4039 3,745 4081 150 S54,105 1541051 Total of fvnd8 n1270 1760.8121 Paga 16
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 IvlARCH 2022 17. stat•Mt of lund¥ IconiiNMd) On 30 November 2021 th8 tradg assets V*pre dwted to Age UK Ummwl In fvl and th8 Mlword vl118g C9ntrg tharttybecwn& tkffmant Th# vRre fUl¥j5 95 4131 2022. StBternert of fund8- wlor rI(l Balance Bs18nGe at TTansf6rs 30 Stembr inlo(rt 2Q21 2020 Unr•Jtrlct8d funds De&lgnat•d lundl Improvemenl and Rgfurtyshftw Fund 94.859 (94,859) G0ngrn1 funds G6n8rd Funds 102.539 111,226 (134673) 97,081 qT7,173 Totsl Unr•8trl¢ted fvnds 197.398 111,226 1131673) 2,222 177,173 Land arKY bulldings Fe5 & filbngs Mfknrvehldes SrIty Doors EqulpmentlRepdrs EtertaInMenUCc ordinèlor/Outr88ch Carèr Buttgffly mag T8b Other restri¢i8d fund¥ 2.455 316 14.137 5,673 2,222 {17.100) (669) (2,722) 525.355 (353) 11.415 5,673 (a222J 7.831 iO.L 10.441 (14.233) {&255) 4,039 3.745 4.081 15Q 081 582.634 q4,672 (40,979) (2.222) 554,105 Totsl of funds 780.032 725.898 {174.2) 731,278 Page 17
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 1& Summ*y offunds mm¥y offund8. ¢urv•rt p•rlod BalaTKA at 1 Octobgr 2021 Incom• Expendliure G8natsl funds Reslrlded fijnds 177,173 554,105 35,534 1212.7071 1554.1051 731378 35,534 (766,8121 8rnry olfundB- prlor p8rk•d 8algnC8 at Transla 30 Septemlpgr 2021 2020 098kn81ed funds General funds Resthctad fuNIs (94,&59) 97,081 (2,222) 102.539 582.634 111,226 14672 (133,673) f40,979) 177,173 554, 105 780,032 125,898 1174,&52) 731,278 atygls ol n8t ats betw••n luTrd8 Total funds 31 March 2022 Total Pag& 18
Docusign EnvÈlope ID." 1BgEgFFF-26D94DCA-BC67-120D9492127E MILFORD AND VILLAGES DAY CENTRE (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 19. An8lysl tsf nfrt as80ts bstween fund8 Iconllili Analysls ol n•t 4sBots 1thoBn fund¥. Ixrlod Unrnstted Totol funds funds 30S8pt•mb 30 Septembei 30 Sèptsmb 2021 2021 2Q21 T8nglble as$8ts CuThgnt assets Credltors one ye 545.3TI 8,734 545,371 278.061 (32,154J 209,327 (32.154) Totsl 177.173 S54.105 731,278 The Charlty has nDt entered any rglatgd paty trans&aion duNig are there any olStandIng b8lBnc8s owing ttt¥een relat1 parbes and thè Chw al 31 20. Pe19