| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report | 2 to 9 | |
| Independent Examiner's |
Report | 10 |
| Statement ofFinancial | Activities | 11 to 12 |
| Balance Sheet | 13 | |
| Statement ofCash Flows | 14 | |
| Notes to the Financial | Statements | 15to 25 |
| Reference and Administrative | Reference and Administrative | Reference and Administrative | Details | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Trustees | Dr Lynne Caley, Chair | ||||||||
| Anna Lee, Vice Chair | |||||||||
| Shu Yuan, Treasurer | |||||||||
| Derek Risk | |||||||||
| Kevin Gutteridge | |||||||||
| Christopher Ash |
|||||||||
| Ratilal Joshi | |||||||||
| Livia Thomas | |||||||||
| Secretary | Keith Jones | ||||||||
| Senior Management | Team | Keith Jones, Chief Executive | |||||||
| James Roberts, Operations | Manager | ||||||||
| Helen Jones, until Oct 2022, Volunteer &Development | Manager | ||||||||
| Charity Registration | Number | 1068198 | |||||||
| Company | Registration | Number | 03507549 | ||||||
| Registered | Office | First Floor, Central Library | |||||||
| Broadway | |||||||||
| Peterborough | |||||||||
| Cambridgeshire | |||||||||
| PE1 1RX | |||||||||
| Independent | Examiner | John O'Brien, employee | of | ||||||
| Community Accounting |
Plus | ||||||||
| Units 1 &2North West |
|||||||||
| 41 Talbot Street | |||||||||
| Nottingham | |||||||||
| NG1 5GL | |||||||||
| Solicitors: | Buckles Solicitors LLP | ||||||||
| 101Bourges Boulevard | |||||||||
| Peterborough | |||||||||
| PE1 1NG | |||||||||
| Bankers | CAF Bank Ltd | ||||||||
| 25 Kings Hill Avenue | |||||||||
| Kings Hill | |||||||||
| West Mailing | |||||||||
| Kent | |||||||||
| ME194JQ | |||||||||
| Unity Trust Bank pic | |||||||||
| Nine Brindleyplace | |||||||||
| Birmingham | |||||||||
| Bl 2HB |
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022 | ||
| Note | |||||
| Income and Endowments | from: | ||||
| Donations and legacies |
176,130 | 176,130 | 158,323 | ||
| Charitable activities |
500 | 323,722 | 324,222 | 141,808 | |
| Investment income |
1,531 | 1,531 | 99 | ||
| Other income | 60,660 | ||||
| Total income | 178,161 | 323,722 | 501,883 | 360,890 | |
| Expenditure on: Charitable activities |
7 | ~(185,(98 | (166,483) | (351,681) | (503,178) |
| Total expenditure | ~((85,)98 | (166,483) | ~(351,68( | ~503,(78) | |
| Net (expenditure)/income | (7,037) | 157,239 | 150,202 | (142,288) | |
| Transfers between funds |
(24,719) | 24,719 | |||
| Net movement in funds |
(31,756) | 181,958 | 150,202 | (142,288) | |
| Reconciliation offunds | |||||
| Total funds brought forward |
327,372 | 17,369 | 344,741 | 487,029 | |
| Total funds carried forward | 14 | 295,616 | 199,327 | 494,943 | 344,741 |
| These are the figures for the previous accounting | These are the figures for the previous accounting | These are the figures for the previous accounting | period | and are included | for comparative | purposes |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | 2022 | ||||
| Note | ||||||
| Income and Endowments | from: | |||||
| Donations and legacies |
158,323 | 158,323 | ||||
| Charitable activities |
141,808 | 141,808 | ||||
| Investment income |
99 | 99 | ||||
| Other income | 60,660 | 60,660 | ||||
| Total income | 219,082 | 141,808 | 360,890 | |||
| Expenditure on: Charitable activities |
7 | ~163,068 | ~340,110 | 503,178 | ||
| Total expenditure | ~(163,068 | ~(340,((0 | 503,178 | |||
| Net income/(expenditure) | 56,014 | (198,302) | (142,288) | |||
| Transfers between | funds | (36,511) | 36,511 | |||
| Net movement in funds |
19,503 | (161,791) | (142,288) | |||
| Reconciliation offunds | ||||||
| Total funds brought | forward | 307,869 | 179,160 | 487,029 | ||
| Total funds carried | forward | 14 | 344,741 |
| Balance Sheet as at | 31March 2023 | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Note | |||||
| Fixed assets | |||||
| Tangible assets | 1,001 | 2,323 | |||
| Current assets | |||||
| Debtors | 12 | 11,975 | 3,041 | ||
| Cash at bank | and in hand | 497,913 | 350,710 | ||
| 509,888 | 353,751 | ||||
| Creditors: Amounts | falling due within one year | 13 | (15,946 | 11,333) | |
| Net current | assets | 493,942 | 342,418 | ||
| Net assets | 494,943 | 344,741 | |||
| Funds ofthe | charity: | ||||
| Restricted income funds | |||||
| Restricted funds | 14 | 199,327 | 17,369 | ||
| Unrestricted | income | funds | |||
| Unrestricted | funds | 295,616 | 327,372 | ||
| Total funds | 14 | 494,943 | 344,741 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Cash flows from operating activities |
|||||
| Net cash income/(expenditure) | 150,202 | (142,288) | |||
| Adjustments to cash flows from non-cash items |
|||||
| Depreciation | 2,323 | 2,322 | |||
| Investment income |
1,531 | 99 | |||
| 150,994 | (140,065) | ||||
| Working capital adjustments | |||||
| (Increase)/decrease in debtors |
12 | (8,934) | 13,737 | ||
| Increase/(decrease) in creditors |
13 | 4,613 | 32,933 | ||
| Net cash flows from operating | activities | 146,673 | (159,261 | ||
| Cash flows from investing activities |
|||||
| Interest receivable and similar |
income | 5 | 1,531 | 99 | |
| Purchase oftangible fixed assets |
11 | (1,001) | |||
| Net cash flows from investing | activities | 530 | 99 | ||
| Net increase/(decrease) in cash |
and cash equivalents | 147,203 | (159,162) | ||
| Cash and cash equivalents at 1 |
April | 350,710 | 509,872 | ||
| Cash and cash equivalents at 31March |
497,913 | 350,710 | |||
| Reconciliation ofnet cash flow to movement |
in net funds | ||||
| Increase/(decrease) in cash |
147,203 | (159,162) | |||
| Net funds at 1 April 2022 | 350,710 | 509,872 | |||
| Net funds at 31March 2023 | 497,913 | 350,710 |
| 2 Income fro |
m donati | ons | and legacies | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total | Total | ||||
| General | 2023 | 2022 | ||||
| Donations and |
legacies; | |||||
| Donations from individuals |
577 | 577 | 196 | |||
| Grants, including capital grants; |
||||||
| Government | grants | 175,527 | 175,527 | 152,500 | ||
| Grants from | other charities | 26 | 26 | 5,627 | ||
| 176,130 | 176,130 | 158,323 | ||||
| 3 Grants 8r, |
donations | |||||
| Unrestricted | Restricted | |||||
| funds | funds | Total | ||||
| Peterborough | City Council | 175,527 | 184,454 | 359,981 | ||
| Citizens Advice | 26 | 15,000 | 15,026 | |||
| Cambridgeshire | Community | Foundation | 3,645 | 3,645 | ||
| Kingsgate Community |
Church | 71,487 | 71,487 | |||
| The Headley Trust | 15,000 | 15,000 | ||||
| Change Grow | Live | 24,822 | 24,822 | |||
| Sundry grants |
&donations | 577 | 577 | |||
| National Lottery |
9,314 | 9,314 | ||||
| 176,130 | 323,722 | 499,852 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | Total | ||
| General | funds | 2023 | 2022 | ||
| Grants | &donations | 323,722 | 323,722 | 141,808 | |
| Sundry | income | 500 | 500 | ||
| 500 | 323,722 | 324,222 | 141,808 |
| Total | Total |
|---|---|
| 2023 | 2022 |
| 60,660 |
| 7 Expenditure on charitable activ |
ities | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| General funds | Restricted funds | 2023 | 2022 | |
| Governance costs |
13,403 | 13,403 | 16,824 | |
| Office costs | 20,953 | 358 | 21,311 | 39,271 |
| Other costs | 3,630 | 4,655 | 8,285 | 9,737 |
| Premises costs | 10,582 | 10,582 | 35,436 | |
| Staffcosts | 2,832 | 3,601 | 6,433 | 1,572 |
| Wages, NI &pension | 215,112 | 76,555 | 291,667 | 400,338 |
| Internal recharges: Staff costs | (1,341) | 1,341 | ||
| Internal recharges: Governance | (5,915) | 5,915 | ||
| Internal recharges: Office | (7,190) | 7,190 | ||
| Internal recharges: Other | 1 | (1) | ||
| Internal recharges: Premises Internal recharges: Salaries |
(5,426) ~61,443 |
5,426 61,443 |
||
| 185,198 | 166,483 | 351,681 | 503,178 |
| 2023 | 2022 | ||
|---|---|---|---|
| Depreciation offixed assets | 2 323 | 2 322 | |
| 9 Staffcosts |
|||
| The aggregate | payroll costs were as follows: | ||
| 2023 | 2022 | ||
| Staff costs during the year were: | |||
| Wages and salaries | 266,771 | 368,132 | |
| Social security | costs | 18,744 | 25,295 |
| Pension costs | 6,152 | 6,911 | |
| 291,667 | 400,338 |
| 2023 | ||
|---|---|---|
| No | ||
| 14 | 14 |
| 11 Tangible fixed assets | ||
|---|---|---|
| Computer | ||
| equipment | Total | |
| Cost | ||
| At 1 April 2022 | 8,718 | 8,718 |
| Additions | 1,001 | 1,001 |
| At 31March 2023 | 9,719 | 9,719 |
| Depreciation | ||
| At 1 April 2022 | 6,395 | 6,395 |
| Charge for the year | 2,323 | 2,323 |
| At 31March 2023 | 8,718 | 8,718 |
| Net book value | ||
| At 31March 2023 | 1,001 | 1,001 |
| At 31March 2022 | 2,323 | 2 323 |
| 12 Debtors | ||
| 2023 | 2022 | |
| Prepayments | 6,275 | 2,387 |
| Other debtors | 5,700 | 654 |
| 11,975 | 3,041 |
| 13 Creditors: amounts falling due within one year |
||
|---|---|---|
| 2023 | 2022 | |
| Trade creditors | 1,824 | 1,071 |
| Other taxation and social security | 5,290 | 5,842 |
| Other creditors | 4,829 | 1,178 |
| Accruals | 4,003 | 3,242 |
| 15,946 | 11,333 |
| 14 Funds | ||||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Incoming | Resources | 31March | |||
| April 2022 | resources | expended | Transfers | 2023 | ||
| Unrestricted funds |
||||||
| General | ||||||
| General fund | 262,172 | 178,161 | (185,198) | (24,719) | 230,416 | |
| Designated | ||||||
| Potential redundancy | 30,200 | 30,200 | ||||
| Premises fund |
35,000 | 35,000 | ||||
| 65,200 | 65,200 | |||||
| Total unrestricted | funds | 327,372 | 178,161 | (185,198) | (24,719) | 295,616 |
| Restricted funds | ||||||
| Access to Advice | (Aspire) | 24,822 | (19,078) | 5,744 | ||
| Cavell Centre | 12,522 | (8,000) | 4,522 | |||
| The Headley Trust Project |
15,000 | (21,874) | (6,874) | |||
| Advice Line (NLCF) | 222 | (8,862) | 8,640 | |||
| Surviving Winter |
Appeal | 701 | 3,644 | (6,660) | 2,315 | |
| Cost ofLiving Assessor | 24,314 | (299) | 24,015 | |||
| Foodbank | 2,636 | 71,487 | (87,887) | 13,764 | ||
| Fuel Poverty | 1,288 | 1,288 | ||||
| Income Maximisation Small Projects (NCA) |
181,455 3,000 |
(10,823) ~3,000 |
170,632 | |||
| Total restricted funds | 17,369 | 323,722 | 166,483 | 24,719 | 199,327 | |
| Total funds | 344,741 | 501,883 | (351,681 | 494,943 |
| Notes to the Fi | nancial Stateme | nts for the |
Year Ended 3 | 1March 202 | 3 |
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | Incoming | Resources | 31March | ||
| April 2021 | resources | expended | Transfers | 2022 | |
| Unrestricted funds |
|||||
| General | |||||
| General fund | 277,669 | 184,082 | (163,068) | (36,511) | 262,172 |
| Designated | |||||
| Potential redundancy | 30,200 | 30,200 | |||
| Premises fund |
35,000 | 35,000 | |||
| 30,200 | 35,000 | 65,200 | |||
| Total unrestricted funds |
307,869 | 219,082 | (163,068) | (36,511) | 327,372 |
| Restricted | |||||
| Stay Well this Winter | 919 | (919) | |||
| Cavell Centre | 8,191 | 4,331 | 12,522 | ||
| Advice Line (NLCF) | 9,856 | (9,634) | 222 | ||
| Cummings Global Giving |
1,502 | (1,526) | 24 | ||
| Surviving Winter Appeal |
7,643 | 1,538 | (838) | (7,642) | 701 |
| BigEnergy Savings Week | 4,331 | (4,331) | |||
| Prevention ofHomelessness | |||||
| project | 2,959 | 1,000 | (7,529) | 3,570 | |
| Foodbank | 14,168 | 19,620 | (47,359) | 16,207 | 2,636 |
| Help to Claim | 723 | 48,370 | (57,842) | 8,749 | |
| Debt Advice project | 1,175 | 60,424 | (67,080) | 5,481 | |
| PCAS &General Advice | 46,567 | (46,567) | |||
| Remote working equipment |
6,239 | (6,239) | |||
| COVID Social Welfare Fuel Poverty |
84,743 | 1,000 | (87,223) ~14,612 |
2,480 14,800 |
1,288 |
| Total restricted funds |
179,160 | 141,808 | 340,110 | 36,511 | 17,369 |
| Total funds | 487,029 | 360,890 | 503,178 | 344,741 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| 2023 | |||||
| General | Designated | Restricted | Total funds | ||
| Tangible | fixed assets | 1,001 | 1,001 | ||
| Current | assets | 244,661 | 65,200 | 200,027 | 509,888 |
| Current | liabilities | (15,246) | 700 | (15,946) | |
| Total net assets | 230,416 | 65,200 | 199,327 | 494,943 | |
| Unrestricted | |||||
| (As restated) | |||||
| 2022 | |||||
| General | Designated | Restricted | Total funds | ||
| Tangible | fixed assets | 2,323 | 2,323 | ||
| Current | assets | 271,182 | 65,200 | 17,369 | 353,751 |
| Current | liabilities | 11,333 | 11,333 | ||
| Total net assets | 262,172 | 65,200 | 17,369 | 344,741 |