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||||Page|
|---|---|---|---|
|Reference and administrative||information||
|Report ofthe Trustees|||2-7|
|Independent<br>examiner's|report||8-9|
|Consolidated<br>statement|offinancial activities||tg|
|Charity statement<br>offinancial||activities||
|Balance sheets|||12—13|
|Statement ofcash Ilows|||14|
|Notes to the financial statements|||15-27|





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|Trustees|Trustees||||GJ Silverwood||
|---|---|---|---|---|---|---|
||||||BM Horsman||
||||||DSPatterson||
||||||SG Tarff||
||||||SCAbrahams||
|Secretary|||||J Comer||
|Key Management||||Personnel|JCorner||
||||||K Hibberd||
||||||R Hunt||
|Company||Number|||03339143||
|Charity|Number||||1062058||
|Registered|||Onice||The Venue||
||||||650Manchester|Road|
||||||Stocksbridge||
||||||Sheffield||
||||||636 1DY||
|Bankers|||||Unity Trust Bank|pic|
||||||Nine Brindleyplace||
||||||Birmingham||
||||||BR12HB||
|Independent|||Examiner||H Jones ACA||
||||||Hart Shaw LLP||
||||||Europe<br>Link||
||||||Sheffield Business Park||
||||||Sheffield||
||||||691XU||





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|||||Note|2022|2021|
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
|INCOME AND|ENDOWMENTS||FROM:||funds<br>5|funds<br>f|
|Charitable<br>activities|||||407,412|415,701|
|Other trading<br>activities|||||262,675|253,644|
|Investments|||||||
|Total|||||670,087|669,345|
|EXPENDITURE|ON:||||||
|Raising funds|||||190,017|136,939|
|Charitable<br>activities|||||465,969|397,463|
|Other|||||2,786|11,300|
|Total|||||658,772|545,702|
|Net income for|the year before||transfers||11,315|123,643|
|Transfers between funds|||||||
||||||11,315|123,643|
|Other recognised losses:|||||||
|Losses on revaluation||offixed assets|||||
|Net movement|in funds||||11,315|123,643|
|Balance brought forward at 1 April 2021|||||1,005,144|881,501|
|Balance canied|forward at 31 March 2022||||1,016,459|1,005,144|





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|||Note|2022|2021|
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
|INCOME AND ENDOWMENTS|FROM:||||
|Charitable<br>activities||3|521,242|532,175|
|Investments|||||
|Total|||521,242|532,175|
|EXPENDITURE ON:|||||
|Charitable<br>activities||6|496,789|430,925|
|Other|||2,786|11.300|
|Total|||499,575|442,225|
|Net income for the year before transfers|||21,667|89,950|
|Transfers between funds|||||
||||21,667|89,950|
|Other recognised losses:|||||
|Losses on revaluation<br>offixed assets|||||
|Net movement<br>in funds|||21,667|89,950|
|Balance brought forward at 1 April 2021|||1,309,560|1,219,610|
|Balance camed forward at 31|March 2022||1,331,227|1,309,560|





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|||||Group|Group|Charity||
|---|---|---|---|---|---|---|---|
||||Note|2022|2021|2022|2021|
||||||6|6|6|
|Fixed assets||||||||
|Tangible assets|||10|789,569|840,155|789,569|840,155|
|Investments|||11||250,000|1|250,001|
|||||789,569|1,090,155|789,570|1,090,156|
|Current assets||||||||
|Stocks|||14|3,244|677|||
|Debtors|||15|56,468|50,039|518,475|468,718|
|Cash at bank and|in|hand||286,431|246,710|90,627|99,201|
|||||346,143|297,426|609,102|567,919|
|Creditors: amounts||falling due within||||||
|one year|||16|119,253|212,815|67,445|178,893|
|Net current assets||||226,890|84,611|541,657|389,026|
|Total assets less|current liabilities|||1,016,459|1,174,766|1,331,227|1,479,182|
|Creditors: amounts||falling due after||||||
|more than one year|||17||169,622||169,622|
|Net assets||||1,016,459|1,005,144|1,331,227|1,309,560|
|Funds||||||||
|Restricted funds|||19|||||
|Designated<br>funds||||||||
|Capital fund||||789,569|899,316|789,569|899,316|
|Revaluation|reserve|||||||
|||||789,569|899,316|789,569|899,316|
|General reserves||||226,890|105,828|541,658|410,244|
|Unrestricted<br>funds|||20|1,016,459|1,005,144|1,331,227|1,309,560|
|||||1,016,459|1,005,144|1,331,227|1,309,560|





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||||Note|2022<br>8||2021<br>f|f|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|activities|||||||
|Cash generated<br>from operations|||22||51,191||180,929|
|Investing<br>activities||||||||
|Purchase oftangible fixed assets||||(2,055)||(4,558)||
|Proceeds from disposal ofInvestment||property||250,000||||
|Interest received||||||||
|Net cash used in investing|activities||||247,945||(4,558)|
|Financing activities||||||||
|Interest paid||||(949)||(5,944)||
|Repayment<br>ofloans||||(258,466)||(3,856)||
|Net cash used in financing|activities||||(259,415)||(9,800)|
|Net increase in cash and cash||||||||
|equivalents|||||39,721||166,571|
|Cash and cash equivalents|at beginning|ofyear|||246,710||80,139|
|Cash and cash equivalents|at end ofyear||||286,431||246,710|





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|Group|(2022)|(2022)|||Depreciation|||
|---|---|---|---|---|---|---|---|
|||||Staffcosts|costs|Other costs|Total|
|||||6|6|8|6|
|Education||and training||||||
|Nursery|and other charitable||activities|324,512|52,640|88,817|465,969|
|||||324,512|52,640|88,817|465,969|
|Charity|(2022l||||Depreciation|||
|||||Staffcosts<br>6|costs<br>f|Other costs|Total|
|Education||and training||||||
|Nursery|and other charitable||activities|355,332|52,640|88,817|496,789|
|||||355,332|52,640|88,817|496,789|
|Group|(2021)||||Depreciation|||
|||||Staffcosts|costs|Other costs|Total|
||||||6|||
|Education||and training||||1,490|1,490|
|Nursery|and other charitable||activities|287,151|41,641|67,181|395,973|
|||||287,151|41,641|68,671|397,463|
|Charity|(2021)||||Depreciation|||
|||||Staffcosts|costs|Other costs|Total|
|||||6||6|6|
|Education||and training||||1,490|1,490|
|Nursep|and other charitable||activities|320,615|41,641|67,179|429,435|
|||||320,615|41,641|68,669|430,925|





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|Net income/(|expenditure)<br>for the year|expenditure)<br>for the year|||||
|---|---|---|---|---|---|---|
|This is stated|after charging:||Group||Charity||
||||2022|2021|2022|2021|
||||8||8|8|
|Depreciation|||52,640|41,641|52,640|41,641|
|Interest payable on bank||loans|616|2,105|616|2,105|
|Interest payable<br>on loans||from other organisations|7,659|11,165|7,659|11,165|
|Independent|examiner's|remuneration|2,438|11,300|2,438|11,300|
|And aRer crediting:|||||6|f|
|Bank interest|received||||||



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|Staffcosts and numbers|Staffcosts and numbers|2022|2021|
|---|---|---|---|
|Salaries and wages||366,248|313,619|
|Social security costs||17,239|16,787|
|Detned contribution|pension schemes|5,703|2,121|
|Other staff costs||||
|||389,190|332,527|



|The avera|ge|number ofemployees<br>on the payroll was as|follows:||
|---|---|---|---|---|
||||2022|2021|
||||No|No|
|Management||and financial|2|2|
|Trading activities|||2|4|
|Charitable|activities||11|12|
||||15|18|



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|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold<br>land|Leasehold|Office||
|Group and Charity|and buildings|land and|equipment|Total|
|||buildings|||
|||6|||
|Cost|||||
|At 1 April 2021|1,152,033|3,392,918|335,515|4,880,466|
|Additions|||2,055|2,055|
|At 31 March 2022|1,152,033|3,392,918|337,570|4,882,521|
|~DI<br>II|||||
|At 1 April 2021|496,316|3,212,266|331,729|4,040,311|
|Charge for the year|24,374|22,731|5,536|52,641|
|At 31 March 2022|520,690|3,234,997|337,265|4,092,952|
|Net book value|||||
|At 31March 2022|631,343|157,921|305|789,569|
|At 31 March 2021|655,717|180,652|3,786|840,155|





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|Investments|||||
|---|---|---|---|---|
|Group|Investment|Subsidiary||Total|
||property|undertaking|||
||6||E||
|Valuation|||||
|At 1 April 2021|250,000|||250,000|
|Disposal|(250,000)|||(250,000)|
|At 31 March 2022|||||
|Charity|Investment|Subsidiary||Total|
||properly|undertaking|||
||6||E||
|Valuation|||||
|At 1 Apdil 2021|250,000|||250,001|
|Disposal|(250,000)|||(250,000)|
|At 31 March 2022|||||



|||2022|2021|
|---|---|---|---|
|||E|E|
|Cost|||411,758|
|Accumulated|depreciation||195,331|
||||216,427|



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|Itoperates the|STEP Business Centre<br>in Deepcer end T|he Venue<br>in Stocksbridge.<br>Its trading<br>resul|ts are:|
|---|---|---|---|
|||2022|2021|
|||E|6|
|Turnover||262,675|253,644|
|Cost ofsales||(13,543)|(2,005)|
|Gross profit||249,132|251,639|
|Administrative|expenses|(259,484)|(217,947)|
|Net profit/(loss)|for the year|(10,352)|33,692|
|Net liabilities||(314,766)|(304,417)|





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|13.|Financial|instrum|ents|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Group||Charity||
|||||||||2022f|2021<br>8|2022|2021<br>6|
||Carrying|amount|of|financial|||assets|||||
||Debt instruments||measured|||at amortised cost||20,762|8,654|505,276|445,493|
||Equity instruments||measured||||atcost less|||||
||impairment|||||||||||
||Carrying|amount|of|financial|||liabilities|||||
||Measured|at amortised|||cost|||68,262|322,776|35,684|295,719|
|14.|Stocks|||||||||||
|||||||||Group||Charity||
|||||||||2022<br>6|2021f|2022|2021<br>5|
||Finished goods|||||||3,244|677|||
|15.|Debtors|||||||||||
|||||||||Group||Charity||
|||||||||2022f|2021<br>6|2022|2021<br>6|
||Trade debtors|||||||20,762|8,654|11,836|1,510|
||Amounts|owed by subsidiary|||||company|||493,440|443,983|
||Prepayments|||||||35,706|41,385|13,199|23,225|
|||||||||56,468|50,039|518,475|468,718|
|16.|Creditors:|amounts||falling||due within one year||||||
|||||||||Group||Charity||
|||||||||2022|2021|2022|2021|
|||||||||6|6||6|
||Trade creditors|||||||46,335|51,165|35,323|41,250|
||Tax and social security|||||||8,054|19,035|3,298|14,079|
||Accruals and deferred||||income|||42,937|41,958|28,463|38,718|
||Loans||||||||81,518||81,518|
||Other creditors|||||||21,927|19,139|361|3,328|
|||||||||119,253|212,815|67,445|178,893|



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||||||||||Group||Charity|Charity||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|2022||2021|
||||||||||F|E||E|E|
|Loans||||||||||169,622|||169,622|
|Aggregate||amounts||repayable||by instalments||||||||
|falling due||aRer more than five||||years included||||||||
|above||||||||||||||
|The Group||and|Charity||have|secured|loans|totalling|Fnil (2021 - E190,840).||The loans|are secured<br>by||
|charges on||the Group's and the Charity's|||||freehold and||investment|properties.||||
|Analysis|ofGroup|||net assets||between|funds|||||||
|2022||||||||Fixed|assets|Net current|Long-term||Total|
|||||||||||assets|liabilities|||
|||||||||||E||E||
|Designated||funds||||||789,569|||||789,569|
|General reserves||||||||||226,890|||226,890|
|Total||||||||789,569||226,890|||1,016,459|
|2021||||||||Fixed|assets|Net current|Long-term||Total|
|||||||||||assets|liabilities|||
||||||||||E|E||||
|Designated||funds||||||1,090,155||(68,111)|(122,728)||899,316|
|General reserves||||||||||152,722|(46,894)||105,828|
|Total||||||||1,090,155||84,611|(169,622)||1,005,144|



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|20.|Unrestricted|funds|||||||
|---|---|---|---|---|---|---|---|---|
||Group||Balance|Movement|in resoumes|Revaluation|Transfers|Balance|
||||1 April<br>2021f|Incoming|Outgoing|ofproperty|between<br>funds<br>5|31 March<br>2022f|
||General reserves||105,829|670,087|(658,772)||109,746|226,890|
||Designated|funds|||||||
||Capital fund||899,315||||(109,746)|789,569|
||Revaluation|reserve|||||||
||||1,005,144|670,087|(658,772)|||1,016,459|
||Charity||Balance|Movement|in resources|Revaluation|Transfers|Balance|
||||1 April<br>2021|Incoming|Outgoing|ofproperty|between<br>funds|31 March<br>2022|
||||5||||||
||General reserves||410,245|521,242|(499,575)||109,746|541,658|
||Designated|funds|||||||
||Capital fund||899,315||||(109,746)|789,569|
||Revaluation|reserve|||||||
||||1,309,560|521,242|(499,575)|||1,331,227|



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||||2022|2021|
|---|---|---|---|---|
||||6||
|Net income for the|year||11,315|123,643|
|Adjustments<br>for:|||||
|Interest payable|||8,275|13,270|
|Depreciation<br>oftangible||fixed assets|52,641|41,641|
|Movements<br>in working||capital:|||
|(Increase)/decrease|in|stocks|(2,567)|1,605|
|(Increase)/decrease|in|debtors|(19,271)|28,108|
|Increase/(decrease)|in|creditors|798|(27,338)|
|Cash generated<br>from||operations|51,191|180,929|