||||Page| |---|---|---|---| |Report ofthe|Trustees||1 to 8| |Report ofthe|Independent|Auditors|9to 12| |Consolidated|Statement|of Financial Activities|13| |Consolidated|Balance Sheet||14| |Consolidated|Cash Flow|Statement|15to 16| |Notes to the|Financial Statements||17to 36| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||funds|funds|2022|2021| ||Notes||E|E|F| |INCOME FROM|||||| |Donations
and legacies|4|1,124||1,124|3,347| |Other trading
activities|5 &7|1,048,914|9,774|1,058,688|921,592| |Investment
income|6|1,656||1,656|1,762| |Advice and support services||209,968|197,711|407,679|332,403| |Health and inequalities||85,060|60,130|145,190|189,433| |Rural services|||33,840|33,840|33,840| |Transport services||6,772||6,772|37,707| |Other incoming
resources|9|17,516|100|17,616|1,943| |Total||1,371,010|301,555|1,672,565|1,522,027| |EXPENDITURE ON|||||| |Raising funds|||||| |Other trading activities|7|1,074,516||1,074,516|895,265| |Charitable
activities|||||| |Advice and support services|10|191,866|216,162|408,028|351,018| |Health and inequalities||141,444|44,398|185,842|178,447| |Rural services||509|34,300|34,809|123,668| |Transport services||10,501|7,615|18,116|31,909| |Other|||||| |Total||1,418,836|302,475|1,721,311|1,580,308| |Net income/(expenditure)|18|(47,826)|(920)|(48,746)|(58,281)| |Transfers
between
funds|19|3,924|(3,924)||| |Net movement
in funds||(43,902)|(4,844)|(48,746)|(58,281)| |Total funds brought
forward||417,970|305,646|723,616|781,897| |Total funds carried forward|26|374,068|300,802|674,870|723,616| ## |||||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---|---|---| |||||||2022|2021|2022|2021| ||||||Notes|6|6|6|6| |Fixed assets|||||||||| |Intangible assets|||||20||3,500||| |Tangible assets|||||21|59,046|53,564|25,296|29,082| |Investments|||||22|10,000|10,000|10,112|10,112| |||||||69,046|67,064|35,408|39,194| |Current assets|||||||||| |Stocks||||||30,744|143,583||| |Debtors|||||23|89,015|80,837|251,773|560,746| |Cash at bank|and|in|hand|||619,827|542,176|500,783|462,786| |||||||739,586|766,596|752,556|1,023,532| |Liabilities|||||||||| |Creditors|||||24|(133,762)|(110,044)|(60,928)|(63,342)| |Net current assets||||||605,824|656,552|691,628|960,190| |Total assets|less|current liabilties||||674,870|723,616|727,036|999,384| |Net assets||||||674,870|723,616|727,036|999,384| |Accumulated|Funds||||||||| |Restricted funds|||||26|300,802|305,646|270,802|275,646| |Unrestricted|funds||||26|374,068|417,970|456,234|723,738| |Unrestricted|designated|||funds|26||||| |Total accumulated|||funds|||674,870|723,616|727,036|999,384| ## ||||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---|---| ||||||2022|2021|2022|2021| |||||Notes|F|E|E|K| |Cash flows from operating|activities|||||||| |Cash generated
from operations|||||115,379|29,868|(8,515)|(10,408)| |Net cash provided
by/ (used in) operating|||activities||115,379|29,868|(8,515)|(10,408)| |Cash flows from investing|activities|||||||| |Purchase oftangible
fixed assets|||||(28,813)|(891)|(3,144)|(100)| |Interest received|||||1,656|1,762|1,656|1,762| |Repayment
ofsubsidiary
loan|||||||48,000|20,000| |Net cash provided
by/ (used in) investing|||activities||(27,157)|871|46,512|21,662| |Cash flows from financing|activities|||||||| |Loan repayments
in year|||||(10,571)|(961)||| |Net cash provided
byl (used in) financing|||activities||(10,571)|(961)||| |Change
in cash and cash|equivalents|in||||||| |the reporting
period|||||77,651|29,778|37,997|11,254| |Cash and cash equivalents|at the beginning|||of||||| |the reporting
period|||||542,176|512,398|462,786|451,532| |Cash and cash equivalents|at the end|of||||||| |the reporting
period|||||619,827|542,176|500,783|462,786| ## |||Group|Group|Charity|Charity| |---|---|---|---|---|---| |||2022
F|2021|2022f|2021
F| |Net movement
in funds||(48,746)|(58,281)|(272,348)|(33,232)| |Adjustments
for:|||||| |Depreciation
charges||26,831|34,308|6,930|11,946| |Interest received||(1,656)|(1,762)|(1,656)|(1,762)| |(Increase)/decrease|in stocks|112,839|(23,630)||| |(Increase)/decrease|in debtors|(8,178)|120,987|260,973|28,323| |(Decrease)/Increase|in creditors|34,289|(41,754)|(2,414)|(15,683)| |Net cash provided|by (used in)||||| |operating
activities||115,379|29,868|(8,515)|(10,408)| ## ||||At 1.4.2021|Cash flow|At 31.3.2022| |---|---|---|---|---|---| |Net cash|||||| |Cash at bank and|in hand||542,176|77,651|619,827| ||||542,176|77,651|619,827| |Debt|||||| |Debts falling due|within|1 year|(8,940)||(8,940)| |Debts falling due|after 1 year||(30,647)|8,961|(21,686)| ||||(39,587)|8,961|(30,626)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| ||||||F| |Total incoming
resources||||716,553|682,017| |Total expenditure|on charitable||activities|(988,901)|(715,249)| |||||(272,348)|(33,232)| |Net gains/(losses)||on defined|benefit schemes||| |Net incoming
resources||||(272,348)|(33,232)| |Total funds brought||forward||999,384|1,032,616| |||||727,036|999,384| |Represented
by:|||||| |Resticted funds||||270,802|275,646| |Unrestricted
funds||||456,234|723,738| |||||727,036|999,384| ## |4.|DONATI|ONS
AND LEGACIES||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||2022|2022|2022|2021| ||||Z|F|E|F| ||Donations||1,124||1,124|3,347| ||||1,124||1,124|3,347| |5.|OTHER|TRADING ACTIVITIES||||| ||||Unrestricted|Restricted|Total|Total| ||||2022|2022|2022|2021| ||||E|F|E|f| ||Rents receivable||52,300||52,300|57,211| ||Training|and Consultancy|1,211|9,774|10,985|60| ||Back Office Support Services||5,284||5,284|4,946| ||DBS Income||11,561||11,561|2,696| ||||70,356|9,774|80,130|64,913| |8.|INVESTMENT INCOME||Unrestricted|Restricted|Total|Total| ||||2022|2022|2022|2021| ||||E|E|F|E| ||Interest|on cash deposits|1,656||1,656|1,762| ||||1,656||1,656|1,762| ## |Riverside Ventures (Isle ofWight) Limited (Registered|Riverside Ventures (Isle ofWight) Limited (Registered|Riverside Ventures (Isle ofWight) Limited (Registered|Riverside Ventures (Isle ofWight) Limited (Registered|Company|Company|number:|number:|03513635)|| |---|---|---|---|---|---|---|---|---|---| |Riverside Ventures
(Isle of Wight) Limited, which is incorporated|||||in|England|and Wales, pays||its profits| |to the charity
by Gift Aid. The following||is an extract of the financial||||statements||of Riverside|Ventures| |(Isle ofWight)
Limited|for the period ended 31 March 2022.||||||||| |||||||||2022|2021| |||||||||K|E| |Turnover||||||||131,318|102,918| |Cost ofsales and administrative||expenses||||||(90,900)|(126,098)| |Other operating|income||||||||| |Interest receivable
and similar income|||||||||| |Loss before and|after tax|||||||40,418|(23,180)| |Profits distributed|to the charity|||||||(10,432)|| |Retained
in subsidiary||||||||29,986|(23,180)| |The assets and|liabilities ofthe subsidiary||were:||||||| |Fixed assets||||||||7,518|| |Current assets||||||||61,637|27,157| |Total liabilities||||||||(52,860)|(40,848)| |Net assets||||||||16,295|(13,691)| ## ## ||||||2022|2020| |---|---|---|---|---|---|---| ||||||E|K| |Turnover|||||129,801|110,075| |Cost ofsales and administrative|||expenses||(332,206)|(174,897)| |Other operating|income||||358,803|3| |Interest receivable||and similar income||||| |Profit/(Loss)
before and after tax|||||156,398|(64,819)| |The assets and|liabilities ofthe subsidiary|||were:||| |Fixed assets||||||| |Current assets|||||2,096|125,195| |Total liabilities|||||(57,336)|(336,832)| |Net assets|||||(55,240)|(211,637)| ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||2022
f|2022
f|2022f|2021
F| |Optio income|||6,772||6,772|6,980| |Active|Living||69,446|40|69,486|37,583| |Grants|||225,582|291,641|517,223|548,820| ||||301,800|291,681|593,481|593,383| |OTHER INCOMING RESOURCES||||||| ||||Unrestricted|Restricted|Total|Total| ||||2022
f|2022
f|2022f|2021| |Other|income||17,516|100|17,616|1,943| |ANALYSIS OF CHARITABLE||EXPENDITURE||||| |||||Support||| |||Grants|Other Direct|Costs|Total|Total| |||Payable|Costs
F|(Note 12)
f|2022f|2021| |Advice|and support services|8,669|28,311|371,048|408,028|351,018| |Health|and inequalities|12,825|5,024|167,993|185,842|178,447| |Rural services||||34,809|34,809|123,668| |Transport services|||599|17,517|18,116|31,909| |||21,494|33,934|591,367|646,795|685,042| ## ## ||Grants to|Grants to|Total|Total| |---|---|---|---|---| ||Institutions|Individuals|2022|2021| ||f|f|f|f| |Advice and support services|5,154|3,515|8,669|26,114| |Health
and inequalities|12,825||12,825|36,465| |Rural services||||| |Transport services||||| ||17,979|3,515|21,494|62,579| ## ||||2022|2021| |---|---|---|---|---| ||||6|F| |Analysis of grants to institutions||||| |Advice and support services||||| |Action 4 Support||||262| |Age Concern||||1,917| |Age UK||||8,416| |Aspire Ryde||||13,171| |Brighstone
Community|Hub|||496| |Chale Parish Council||||160| |Cowes hub||||4,579| |East Cowes Town Council||||3,470| |Pan Together||||800| |Reynolds
and Read Westbridge||Pleasure|154|| |Richmond
Fellowship||||(17,500)| |Sandown
Town Council||||8,093| |Ukraine Outreach|||5,000|| |Ventnor Town Council||||2,333| |West Wight||||17,550| |Wroxall Parish Council||||437| |West Wight Sports||||2,756| ||||5,154|46,940| |Health and inequalities||||| |Age UK||||1,000| |Aspire Ryde|||6,325|| |Barefoot Architect||||8,751| |Reynolds
and Read Westbridge||Pleasure||255| |Riverside
Club||||4,441| |West Wight|||6,500|| ||||12,825|14,447| ||||||E|e
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G! 0||| ## ## ## ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||2022|2022|2022|2021| ||||||E|F| |Trustees|expenses|||||| |Auditors|remuneration||8,190||8,190|8,316| |Auditors|remuneration|- non audit work|450||450|450| ||||8,640||8,640|8,766| |ANALYSIS OF STAFF||COSTS||||| ||||||Total|Total| ||||Subsidiaries|Charity|2022|2021| |||||F|E|| |Salaries|and wages||348,327|386,698|735,025|728,809| |Social security costs|||26,172|24,053|50,225|39,503| |Pension|costs||6,566|8,524|15,090|11,906| ||||381,065|419,275|800,340|780,218| ## ## |||2022|2021| |---|---|---|---| |||Number|Number| |Charity||25|21| |Trading|companies|24|33| |||49|| ## ## ## ||Unrestricted|Restricted|Total| |---|---|---|---| ||funds|funds|2021| |||E|F| |INCOME FROM|||| |Donations
and legacies|1,550|1,797|3,347| |Other trading
activities|921,592||921,592| |Investment
income|1,762||1,762| |Charitable
activities|||| |Advice and support services|244,935|87,468|332,403| |Health and inequalities|80,818|108,615|189,433| |Rural services||33,840|33,840| |Transport services|15,980|21,727|37,707| |Other incoming
resources|1,846|97|1,943| |Total|1,268,483|253,544|1,522,027| |EXPENDITURE ON|||| |Raising funds|||| |Other trading
activities|895,265||895,265| |Charitable
activities|||| |Advice and support services|249,598|101,420|351,018| |Health and inequalities|88,137|90,310|178,447| |Rural services|630|123,038|123,668| |Transport services|7,092|24,817|31,909| |Total|1,240,723|339,585|1,580,308| |Net income/(expenditure)|27,760|(86,041)|(58,281)| |Transfers between
funds|37,642|(37,642)|| |Net movement
in funds|65,402|(123,683)|(58,281)| |Total funds brought
forward|352,568|429,329|781,897| |Total funds carried forward|417,970|305,646|723,616| ## |MOVEMENT
IN NET F|U|NDS FOR THE YEAR||| |---|---|---|---|---| ||||2022|2021| |||||F| |Movement
in net funds|is|stated after charging/(crediting):||| |Auditor's
remuneration:||||| |Statutory
audit|||8,190|8,316| |Non audit services|||450|2,510| |Depreciation
- owned assets|||23,331|29,557| |Goodwill
amortisation|||3,500|4,751| |Operating
leases —land|and buildings||22,826|19,460| |Staff pension
contributions||—defined contribution|15,090|11,906| ## ## ## ## |INTANGIBLE FIXEDASSETS —GROUP ONLY||| |---|---|---| ||Goodwill|Total| ||8|8| |COST||| |At 1 April 2021|47,510|47,510| |Additions||| |Disposals||| |At 31 March 2022|47,510|47,510| |DEPRECIATION||| |At 1 April 2021|44,010|44,010| |Charge for year|3,500|3,500| |Eliminated
on disposals||| |At 31 March 2022|47,510|47,510| |NET BOOK VALUE||| |At 31 March 2022||| |At 31 March 2021|3,500|3,500| ## |TANGIBLE FIXEDASSETS - GROUP||||| |---|---|---|---|---| ||Land|Plant||| ||and|and|Motor|| ||buildings|machinery
etc|Vehicles|Total| ||6|E|F|F| |COST||||| |At 1 April 2021|157,069|488,968|28,070|674,107| |Additions||22,320|6,493|28,813| |Disposals|||(7,095)|(7,095)| |At 31 March 2022|157,069|511,288|27,468|695,825| |DEPRECIATION||||| |At 1 April 2021|122,151|472,517|25,875|620,543| |Charge for year|6,122|12,850|4,359|23,331| |Eliminated
on disposals|||(7,095)|(7,095)| |At 31 March 2022|128,273|485,367|23,139|636,779| |NET BOOK VALUE||||| |At 31 March 2022|28,796|25,921|4,329|59,046| |At 31 March 2021|34,918|16,451|2,195|53,564| |TANGIBLE FIXEDASSETS - CHARITY||||| ||Land|Plant||| ||alltl|and|Motor|| ||buildings|machinery
etc|Vehicles|Total| ||6|8|E|E| |COST||||| |At 1 April 2021|127,069|326,688|18,070|471,827| |Additions||3,144||3,144| |Disposals|||(7,095)|(7,095)| |At 31 March 2022|127,069|329,832|10,975|467,876| |DEPRECIATION||||| |At 1 April 2021|101,233|325,637|15,875|442,745| |Charge for year|3,754|981|2,195|6,930| |Eliminated
on disposals|||(7,095)|(7,095)| |At 31 March 2022|104,987|326,618|10,975|442,580| |NET BOOK VALUE||||| |At 31 March 2022|22,082|3,214||25,296| |At 31 March 2021|25,836|1,051|2,195|29,082| ## ## ## ## ## |Deferred|income|comprises|general grants received|for future financial|periods.| |---|---|---|---|---|---| |||||Group|G| |||||2022|| |||||E|| |Balance|at 1 Apdil||||| |Amount|released|to incoming|resources||| |Amount|deferred|in year|||| |Balance|at 31 March||||| ||||||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---|---|---|---| ||||||||2022|2021|2022|2021| ||||||||E|E|F|E| |Balance|at 1 Apdil|||||||||| |Amount|released||to incoming||resources|||||| |Amount|deferred||in year|||||||| |Balance|at 31 March|||||||||| |OPERATING||LEASE COMMITMENTS||||||||| |The following||operating||lease|payments|are committed|to be paid within one year:|||| ||||||||||Group|Group| ||||||||||2022|2021| ||||||||||E|| |Expiring:||||||||||| |Within one year||||||||||| |Between|one|and|five years||||||33,250|44,150| ||||||||||33,250|44,150| ## ## ## ## |||Balance at|Incoming|Resources||Balance at| |---|---|---|---|---|---|---| |||01.04.2021|resources|expended|Transfers|31.03.2022| |||E|F|E|E|E| |General|fund|417,970|1,371,010|(1,418,836)|3,924|374,068| |||417,970|1,371,010|(1,418,836)|3,924|374,068| ## ## ## ## ## ||||Balance at|Incoming|Resources||Balance at| |---|---|---|---|---|---|---|---| ||||01.04.2020f|resources
E|expended
f|Transfers
E|31.03.2021| |General
fund|||352,568|1,268,483|(1,240,723)|37,642|417,970| |Property Maintenance|||||||| ||||352,568|1,268,483|(1,240,723)|37,642|417,970| |Analysis ofrestricted
fund movements|||||||| ||||Balance at|Incoming|Resources||Balance at| ||||01.04.2020|resources|expended|Transfers|31.03.2021| ||||F|F|||| |Helping
hands grants|||3,577|2,000|(1,317)||4,260| |Bembridge
Library|||89,855|137|(85,898)|(4,094)|| |Community
Grants Programme|||188,287||17,500|(25,787)|180,000| |Healthwatch|||10,459|22,039|(21,009)|(5,000)|6,489| |Short breaks - Active Living|||3,430|6,291|(6,291)|(3,430)|| |Community
Transport|||20,036||(10,000)||10,036| |Syrian Resettlement
Project|||36,456||||36,456| |East Cowes Youth Offer|||7,000|13,250|(6,385)||13,865| |Community
Lead Housing|||6,823|22,289|(19,343)||9,769| |Community
Led Housing|Grant||(568)|7,448|(10,136)||(3,256)| |Donations
Refugee related||||1,800|(356)||1,444| |Additional
Syrian Support|||61,599|25,275|(46,015)||40,859| |Brighstone
Parish Council||Printing|Project|(687)|18|669|| |IOW Association
for Spina||Bifida|2,375|10,625|(10,011)||2,989| |Schooling Syria Children||||7,000|(7,875)||(875)| |CEV Residents
Grant||||40,000|(40,000)||| |CEV Residents
Optio Grant||||15,000|(8,090)||6,910| |Job Retention
Scheme||||47,237|(47,237)||| |ACRE Defra Rural||||33,840|(37,140)||(3,300)| ||||429,329|253,544|(339,585)|(37,642)|305,646| ||||429,329|253,544|(339,585)|(37,642)|305,646| ## ## ## ## ## ## ## ##