2022-07-31-accounts - Project Challenge

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		Page
Report ofthe Trustees		1 to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		8 to	9
Cash Flow Statement		10
Notes tothe Cash Flow	Statement
Notes to the Financial Statements		12 to	19
Detailed Statement of Financial Activities		20 to	21

	Balance Sheet
	31stJuly 2022
		31/7/22	31/7/21
	Notes	E	f
FIXEDASSETS
Tangible assets		12,622	7,066
CURRENT ASSETS
Debtors	12	49,179	41,836
Cash at bank and in hand		248,157	164,850
		297,336	206,686
CREDITORS
Amounts falling due within one year	13	(13,681)	(11,167)
NET CURRENT ASSETS		283,655	195,519
TOTAL ASSETS LESSCURRENT LIABILITIES		296,277	202,585
NET ASSETS		296,277	202,585
FUNDS	16
Unrestricted funds:
General fund		257,163	177,585
Designated Fund - Redundancy		39,114	25,000
		296,277	202,585
TOTAL FUNDS		296,277	202,585

				31/7/22	31/7/21
			Notes	f	f
Cash flows from operating	activities
Cash generated from operations				95,670	90,506
Net cash provided by operating activities				95,670	90,506
Cash flows from investing	activities
Purchase oftangible fixed	assets			(12,424)	(6,791)
Interest received				61
Net cash used in investing	activities			(12,363)	(6,791)
Change in cash and cash equivalents		in the
reporting period				83,307	83,715
Cash and cash equivalents	at the beginning
ofthe reporting period				164,850	81,135
Cash and cash equivalents	atthe end	of
the reporting period				248,157	164,850

RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
			31/7/22	31/7/21
			E	E
Net income for the reporting		period (as per the Statement of Financial
Activities)			93,692	114,450
Adjustments for:
Depreciation charges			6,868	2,916
Interest received			(61)
Increase in debtors			(7,343)	(19,840)
Increase/(decrease)	in creditors		2,514	(7,020)
Net cash provided	by operations		95,670	90,506
ANALYSIS OF CHANGES IN NET FUNDS
		At 1/8/21	Cash flow	At 31/7/22
		f	f	f
Net cash
Cash at bank and in hand		164,850	83,307	248,157
		164,850	83,307	248,157
Total		164,850	83,307	248,157

	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES
						31/7/22	31/7/21
						f	E
	Donations						213
	Grants					110,170	50,478
						110,170	50,691
	Grants received, included			in the above, are	as follows:
						31/7/22	31/7/21
						E	E
	Calderdale	Metropolitan		Borough Council			11,000
	Community		Foundation	for Calderdale		88,913	1,500
	Co-Operative					1,123	943
	Kickstart					20,134
	West Yorkshire Police —Violence Reduction				Unit		37,035
						110,170	50,478
3.	INVESTMENT INCOME
						31/7/22	31/7/21
						E	f
	Deposit account interest					61

4.	INCOME FROM	INCOME FROM	CHARITABLE	CHARITABLE	ACTIVITIES
							31/7/22	31/7/21
					Activity		E	E
	Service income				Charitable		393,235	300,946
	HMRC Furlough		Claims		Charitable		5,926	44,296
							399,161	345,242
S.	CHARITABLE	ACTIVITIES		COSTS
							Support
						Direct	costs (see
						Costs	note 6)	Totals
						E	E	E
	Charitable					413,547	2,153	415,700
6.	SUPPORT COSTS
								Governance
								costs
								E
	Charitable							2,153
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is	stated after charging/(crediting):
							31/7/22	31/7/21
							E	E
	Depreciation	-owned assets					6,868	2,915
	TRUSTEES' REMUNERATION				AND BENEFITS

STAFF COSTS
												31/7/22		31/7/21
												f		E
Wages and salaries												226,885		195,694
Other pension costs												29,831		15,310
												256,716		211,004
The average monthly	number		ofemployees			during the year was as			follows:
												31/7/22		31/7/21
Direct charitable												12		9
No employees received		emoluments			in excess off60,000.
The senior management		is Lorna 8utterick,				and	in the prior year		also	Pete Dawber,		they have	their	pay set
the board of trustees		and	this	is	reviewed		annually.	The aggregate total			remuneration		and	redundancy
payments, including	pension		contributions,			for these senior		management		was f50,332(2021:f46,978).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
									Unrestricted			Restricted		Total
										funds		funds		funds
										E		E		E
INCOME AND ENDOWMENTS			FROM
Donations and legacies										50,691				50,691
Charitable activities
Charitable									345,242					345,242
Total									395,933					395,933
EXPENDITURE ON
Charitable activities
Charitable									281,483					281,483
NET INCOME										114,450				114,450
RECONCILIATION OF FUNDS
Total funds brought	forward									88,135				88,135
TOTAL FUNDS CARRIED		FORWARD							202,585					202,585

TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
		Fixtures
		and	Motor		Computer
		fittings	vehicles		equipment	Totals
		E	E		f	E
COST
At 1stAugust 2021		2,856	27,605		45,856	76,317
Additions					12,424	12,424
At 31stJuly 2022		2,856	27,605		58,280	88,741
DEPRECIATION
At 1stAugust 2021		1,124	25,833		42,294	69,251
Charge for year		571		443	5,854	6,868
At 31stJuly 2022		1,695	26,276		48,148	76,119
NET BOOK VALUE
At 31stJuly 2022		1,161	1,329		10,132	12,622
At 31stJuly 2021		1,732	1,772		3,562	7,066
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31/7/22	31/7/21
					f	E
Prepayments and accrued income					49,179	41,836
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31/7/22	31/7/21
					E	E
Social security and other		taxes			6,188	5,274
Other creditors					5,353	3,672
Accruals and deferred	income				2,140	2,221
					13,681	11,167

			31/7/22	31/7/21
			E	E
INCOME AND	ENDOWMENTS
Donations and	legacies
Donations				213
Grants			110,170	50,478
			110,170	50,691
Investment income
Deposit account interest			61
Charitable activities
Service income			393,235	300,946
HMRC Furlough Claims			5,926	44,296
			399,161	345,242
Total incoming	resources		509,392	395,933
EXPENDITURE
Charitable activities
Wages			226,885	195,694
Pensions			29,831	15,310
Insurance			5,805	5,451
Light, heat and	rates		404	1,050
Telephone			225	339
Rent			21,550	20,833
Sundries			307	600
Repairs and maintenance			76	357
Computer repairs and maintenance			18,481	2,677
Stationery 5postage			1,049	1,986
Training			1,109	716
Photocopying	costs		2,586	1,922
Expeditions, projects 5course			97,346	27,937
Payroll preparation costs			835	1,952
Motor and travel expenses			162	35
Bank charges			28	28
Depreciation -	Fixture 5fittings		571	571
Depreciation -	Motor vehicles		443	591
Depreciation -	Computer	equipment	5,854	1,754
			413,547	279,803