| Page | ||
|---|---|---|
| Chairman's Report |
||
| Report ofthe 1rustees | 4 to 16 | |
| Independent Examiner's |
Report | 17 |
| Statement ofFinancialActivities | 18 | |
| Balance Sheet | 19to 20 | |
| Cash flow statement | 21 | |
| Notes to the Financial Statements | 22to 26 | |
| Detailed Statement of Financial Activities | 27to 28 |
| For the year ended 31Ma | rch 2 | 022 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| f | 6 | |||||||
| Reconciliation ofnet movement | in | funds | to net cash flow from operating activities |
|||||
| Net movements in funds |
4,948 | 61,787 | ||||||
| Add back net depreciation | charge | 32,055 | 35,961 | |||||
| Loss on sale ofAssets | -2,857 | |||||||
| Deduct Investment income shown |
in investing | activities | -5,905 | -1,318 | ||||
| Decrease (increase) in debtors | -106,576 | 13,030 | ||||||
| Increase (decrease) in creditors | -99,145 | 108,284 | ||||||
| Cash used in operating activities | 23,667 | 214,887 | ||||||
| Cash flows from investing | activities | |||||||
| Investment income |
5,905 | 1,318 | ||||||
| Purchase oftangible fixed | assets | -20,995 | ||||||
| Disposals oftangible fixed | assets | 3,500 | ||||||
| Cash provided by (used in) investing |
activities | 5,905 | -16,177 | |||||
| increase (decrease) in cash | and cash | equivalents | ||||||
| in the year | 29,572 | 198,710 | ||||||
| Cash and cash equivalents | at the | beginning | of | |||||
| the year | 436,567 | 237,857 | ||||||
| Total cash and cash equivalents | at | the end | of | |||||
| the year | 466,139 | 436,567 | ||||||
| Cash | ||||||||
| 01-Apr-21 | flows | 31-Mar-22 | ||||||
| Analysis ofchanges in Net | Debt | |||||||
| Cash and cash equivalents | 436,567 | 29,572 | 466,139 | |||||
| Borrowings | ||||||||
| Debt due within one year | -26,579 | -24,624 | -51,203 | |||||
| Total | 409,988 | 4,948 | 414,936 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | funds | funds | ||||
| Notes | f | E | E | E | |||
| INCOMING | RESOURCES | ||||||
| Incoming resources from | |||||||
| generated funds |
|||||||
| Voluntary income |
1,152 | 3,935 | 5,087 | 8,407 | |||
| Investment | income | 2 | 5,095 | 5,095 | 1,318 | ||
| Incoming resources from charitable | |||||||
| activities | |||||||
| Art | 26,625 | 97,029 | 123,654 | 135,238 | |||
| Care | 125,319 | 125,319 | 74,326 | ||||
| Transport | 667 | 177,648 | 178,315 | 156,016 | |||
| Volunteering | 44,715 | 44,715 | 19,598 | ||||
| Shopmobility | 2,289 | 7,000 | 9,289 | 7,553 | |||
| Core Qube | 15,421 | 36,849 | 52,270 | 57,889 | |||
| Big Local | 173,195 | 173,195 | 111,480 | ||||
| Qube Learning | 3,022 | 3,022 | |||||
| Total incoming resources | 54,271 | 665,690 | 719,961 | 571,825 | |||
| RESOURCES | EXPENDED | ||||||
| Charitable activities | |||||||
| Art | 34,685 | 97,029 | 131,714 | 128,793 | |||
| Care | 125,319 | 125,319 | 74,326 | ||||
| Transport | 352 | 150,982 | 151,334 | 108,679 | |||
| Volunteering | 46,320 | 46,320 | 31,934 | ||||
| Shopmobility | 847 | 847 | 7,000 | ||||
| Core Qube | 134 | 82,550 | 82,684 | 44,371 | |||
| Big Local | 173,195 | 173,195 | 111,480 | ||||
| Qube Learning | 3,600 | 3,600 | |||||
| Governance | costs | 3,455 | |||||
| Totalresources | expended | 38,771 | 676,242 | 715,013 | 510,038 | ||
| NET INCOMING/(OUTGOING) | 15,500 | (10,551) | 4,948 | 61,787 | |||
| RESOURCES | |||||||
| RECONOLIATION | OF FUNDS | ||||||
| Total funds brought | 109,987 | 300,001 | 409,988 | 348,201 | |||
| forward | |||||||
| TOTAL FUNDS CARRIED FORWARD | 125,487 | 289,449 | 414,936 | 409,988 |
| At31March | 2022 | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | funds | Funds | ||
| Notes | E | E | 6 | f | |
| FIXED | |||||
| ASSE75 | |||||
| Tangible | 6 | 506 | 128,299 | 128,805 | 160,858 |
| assets | |||||
| CURRENT | |||||
| ASSETS | |||||
| Stocks | 300 | 300 | 300 | ||
| Debtors | 7 | 115,613 | 115,613 | 9,039 | |
| Cash at Bank | 124,681 | 341,458 | 466,139 | 436,567 | |
| 124,981 | 457,071 | 582,052 | 445,906 | ||
| CREDITORS | |||||
| Amounts | 8 | (295,921) | (295,921) | (196,776) | |
| falling due | |||||
| within one | |||||
| year | |||||
| NET | 124,981 | 161,150 | 286,131 | 249,130 | |
| CURRENT | |||||
| ASSETS | |||||
| TOTAL | 125,487 | 289,449 | 414,936 | 409,988 | |
| ASSEIS LESS | |||||
| CURRENT | |||||
| LIABILITIES | |||||
| NET ASSETS | 125,487 | 289,449 | 414,936 | 409,988 | |
| FUNDS | 9 | ||||
| Unrestricted | 125,487 | 109,987 | |||
| funds | |||||
| Restricted | 289,449 | 300,001 | |||
| funds | |||||
| TOTAL | 414,936 | 409,988 | |||
| FUNDS |
| 2.INVESTMENT INCOME | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| f | 6 | |
| Rents received | 3,839 | 264 |
| Deposit account interest | 1,256 | 1,054 |
| 5,095 | 1,318 |
| 3.NET INCOMING/(OUTGOING) RESOURCES |
||
|---|---|---|
| Net resources are stated after charging/(crediting): | ||
| 31.3.22 | 31.3.21 | |
| f | E | |
| Depreciation —owned assets | 32,055 | 35,961 |
| Governance-Assurance services |
1,635 | 2,055 |
| Governance —Independent examination |
1,750 | 1,400 |
| 35440 | 39416 |
| 5.STAFFCOSTS | 5.STAFFCOSTS | 5.STAFFCOSTS | ||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| E | f | |||||
| Wages and | salaries (Incl. Employers | N.l) | 284,179 | 225,876 | ||
| Social Security costs | 15,377 | 16,589 | ||||
| Other pension costs | 3,016 | 4,553 | ||||
| 302,572 | 247,018 | |||||
| The average | monthly | number offull | time employees | during the year was | as follows | |
| 31.3.22 | 31.3.21 | |||||
| Qube Art | 2 | 2 | ||||
| Qube Care | 3 | 3 | ||||
| Qube Volunteering | 3 | 3 | ||||
| ube Trans Q |
p | ort | 4 | 4 | ||
| Qube Administration | ||||||
| Big Local | ||||||
| ITLearning | ||||||
| 15 | 15 |
| Land and Buildings | Plant and machinery | Totals | |
|---|---|---|---|
| etc | |||
| E | E | ||
| COST | |||
| At 1April 2021 | 508,424 | 311,111 | 819,535 |
| Additions | |||
| Disposals | |||
| At 31March 2022 | 508,424 | 311,111 | 819,534 |
| DEPRECIATION | |||
| At 1Apdl 2021 | 394,437 | 264,238 | 658,675 |
| Charge for year | 20,337 | 11,718 | 32,055 |
| On disposals | |||
| At31March 2022 | 414,774 | 275,956 | 690,730 |
| NET BOOK VALUE | |||
| At31March 2022 | 93,650 | 35,155 | 128,805 |
| At 31March 2021 | 113,987 | 46,871 | 160,858 |
| 7.DEBTORS:AM | OUNTS FALLING DUE |
WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| E | E | |||
| Trade Debtors | 113,217 | (2,844) | ||
| Other Debtors | 2,396 | 11,883 | ||
| 115,613 | 9,039 | |||
| 8.CREDITORS: | ||||
| AMOUNTS | ||||
| FALLING DUE | ||||
| WITHIN ONE | ||||
| YEAR | ||||
| 31.3.22 | 31.3.21 | |||
| E | E | |||
| Trade creditors | 21,595 | 3,312 | ||
| Taxation and | ||||
| social security | ||||
| Accruals and | 274,326 | 193,464 | ||
| deferred income | ||||
| 295,921 | 196,776 | |||
| 9.MOVEMENT | ||||
| IN FUNDS | ||||
| At 1A.21 | Net movement | in funds | At 31.3.22 | |
| E | f | E | ||
| Unrestricted | ||||
| funds | ||||
| Undesignated | 109,987 | 15,500 | 125,487 | |
| funds | ||||
| 109,987 | 15,500 | 125,487 | ||
| Restricted funds | ||||
| Restricted | 300,001 | (10,552) | 289,449 | |
| TOTAL FUNDS | 409,988 | 4,948 | 414,936 |
| 9.MOVEMEN | T IN FUNDS - contin | ued | |||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | in | ||
| Resources | expended | funds | |||
| E | E | E | |||
| Unrestricted | funds | ||||
| Undesignated | fund | 54,271 | (38,771) | 15,500 | |
| Restricted funds | |||||
| Restricted | 665,690 | (676,242) | (10,552) | ||
| TOTALFUNDS | 719,961 | (715,013) | 4,948 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| f | E | |||||
| Total deferred income at start ofyear | 179,429 | 63,325 | ||||
| Amounts | received | in year | 490,882 | 597,241 | ||
| Amounts | credited | to statement | offinancial | activities | (435,519) | (481,137) |
| Total deferred income at end ofyear | 234,792 | 179,429 |
| for the Ye | ar Ended 31March 2022 | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| f | f | ||
| INCOMING | RESOURCES | ||
| Voluntary | income | ||
| Donations | 5,087 | 8,407 | |
| Investment | income | ||
| Rents received | 3,839 | 264 | |
| Deposit account interest | 1,256 | 1,054 | |
| 5,095 | 1,318 | ||
| Incoming resources from charitable | |||
| activities | |||
| Sale ofexhibits | 43,061 | 9,014 | |
| Fares | 51,440 | 33,963 | |
| Other Income | 25,364 | 28,718 | |
| Grants | 589,914 | 490,405 | |
| 709,779 | 562,100 | ||
| Total incoming resources | 719,961 | 571,825 |
| Charitable activities |
|||
|---|---|---|---|
| Wages | 299,556 | 242,465 | |
| Pensions | 3,016 | 4,553 | |
| Advertising and promotion |
3,945 | 6,040 | |
| Exhibitions and events |
15,198 | 5,302 | |
| Project costs | 80,381 | 45,463 | |
| Subscriptions | 4,818 | 2,491 | |
| Volunteer expenses | 3,828 | 2,084 | |
| Staff expenses | 2,445 | 787 | |
| Refreshments | 392 | 338 | |
| Vehicle running costs |
40,697 | 26,042 | |
| Big Grant Scheme | 48,713 | 17,288 | |
| Wednesday shopping |
service | 417 | 3,929 |
| Professional fees | 57,268 | 26,725 | |
| Consultancy | 18,972 | 5,358 | |
| Rent, rates and water | 3,461 | 4,136 | |
| Insurance | 2,500 | 2,965 | |
| Light and heat | 4,276 | 4,191 | |
| Telephone | 5,629 | 9,038 | |
| Printing postage and stationery | 5,335 | 5,117 | |
| Repairs and renewals | 16,793 | 20,943 | |
| Bank charges | 1,000 | 499 | |
| Sundry expenses | 2,879 | 1,197 | |
| Computer and website |
9,099 | 9,063 | |
| Other expenditure | 16,177 | 27,465 | |
| Partner payments | 32,644 | ||
| Depreciation oflong leasehold | 20,337 | 20,337 | |
| Depreciation offixtures and fittings | 120 | 160 | |
| Depreciation ofmotor | vehicles | 11,598 | 15,464 |
| Bad debt | 134 | ||
| (Profit)/Loss on disposal | (2,857) | ||
| 711,628 | 506,583 | ||
| Governance costs | |||
| Accountancy | 3,385 | 3,455 | |
| Total resources expended | 715,013 | 510,038 | |
| Net income/(expenditure) | 4,950 | 61,787 |