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||||Page|
|---|---|---|---|
|Reference and administrative|details|||
|Trustees'
report||||
|Auditor's
report||||
|Consolidated
Statement
of Financial||Activities|14|
|Consolidated
Balance Sheet|||15|
|Charitable
Company
Balance|Sheet||16|
|Consolidated
Statement
of Cash Flows|||17|
|Notes to the financial statements|||18 —34|
|CHARITY REGISTRATION|CHARITY REGISTRATION|CHARITY REGISTRATION|NUMBER|1071058||||
|---|---|---|---|---|---|---|---|
|COMPANY|REGISTRATION||NUMBER|03484661||||
|TRUSTEES||||KTruscott - Chair||||
|||||R Croft - Vice-chair||||
|||||A Wright||||
|||||T Nicholds||||
|||||S Buik (Appointed|||27/07/2021)|
|||||A Brook (Deceased|||26/03/2021)|
|CHIEF EXECUTIVE OFFICER||||K Parsons||||
|PRINCIPAL|/ REGISTERED||OFFICE|Suite
1 8 4||||
|||||Gymphlex
Buildings||||
|||||Boston Road||||
|||||Horncastle||||
|||||LN9 6HU||||
|INDEPENDENT||AUDITORS||Bostockwhite|Limited|||
|||||Cabourn
House||||
|||||Station Street||||
|||||Bingham||||
|||||Nottinghamshire||||
|||||NG13 8AQ||||
|BANKERS||||Santander
UK|pic|||
|||||Bridle Road||||
|||||Bootle||||
|||||Merseyside||||
|||||L304GB||||
|SOLICITORS||||Browne Jackson||LLP||
|||||Mowbray
House||||
|||||Castle Meadow||Road||
|||||Notting
ham||||
|||||NG2 1BJ||||
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|Risk||Amelioration|Amelioration|Amelioration||||Ex ected outcome|
|---|---|---|---|---|---|---|---|---|
|Impact of COVID-19 on the
Charities
ability to continue
service delivery.||Remodelling
of service
where appropriate.|||||delivery|Negotiated
with funders
to
ensure
levels of income are
sustained.|
|||Maximise|government||||initiatives||
|||to support||business.||||Additional
funding
realised
to|
|||||||||cover costs where services|
|||Seek new funding
and develop
new service opportunities.||||||unable
to function
to enable
reopening
at appropriate
time.|
|||||||||New funding
realised
alongside|
|||||||||new services,
both short and|
|||||||||long term, have evolved
with|
|||||||||success.|
|||||||||Increased
emphasis
of the use|
|||||||||of technology
in the delivery
of
services as well as|
|||||||||communication
across teams.|
|Impact of
workforce|COVID-19 on the|Ensuring
workforce
is a priority.||||well being||Well being bulletins
shared.|
|||||||||Whole team day, on line with|
|||||||||hampers
sent.|
|||||||||Regular
key messages
and
offers of support.|
|||||||||Use of technology
to ensure|
|||||||||regular
and appropriate
levels|
|||||||||of communication.|
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|||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||Notes|Unrestricted||Restricted|||Total||Total|
|||||E'000||E'000||E'000||E'000|
|INCOME|||||||||||
|Donations|||||||||||
|Charitable
activities||||889||218||1, 'I 07||1,223|
|Other trading
activities||||252||||252||499|
|Other income||||123||||123|||
|Total income||||1,266||218||1,484||1,729|
|EXPENDITURE|||||||||||
|Charitable
activities|||(|973)|(|225)|(|1,198)|(|1,284)|
|Other trading
activities|||(|248)|||(|248)|(|498)|
|Total expenditure|||(|1,221)|(|225)|(|1,446)|(|1,782)|
|Net income/(expenditure)||||45|(|7)||38|(|53)|
|Extraordinary
items||||||||||382|
|Transfers
between|funds||||||||||
|Net movement
in funds||||45|(|7)||38||329|
|Reconciliation
offunds:|||||||||||
|Total funds
brought|forward|20b|(|52)||35|(|17)|(|346)|
|Total funds carried|forward|20a|(|7)||28||21|(|17)|
##
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|||Notes||2021||2020|
|---|---|---|---|---|---|---|
|||||E'000||E'000|
|FIXEDASSETS|||||||
|Intangible
assets||14|||||
|Tangible
fixed assets||15a||36||45|
|TOTAL FIXEDASSETS||||||45|
|CURRENT ASSETS|||||||
|Debtors||17||36||31|
|Cash at bank and
in hand||23||201||99|
|TOTAL CURRENT ASSETS||||237||130|
|LIABILITIES|||||||
|Creditors: amounts
falling due|within one year|18|(|252)|(|192)|
|NET CURRENT LIABILITIES|||(|15)|(|62)|
|Creditors: amounts
falling due|in over one year||||||
|TOTAL NET ASSETS/(LIABILITIES)||||21||17)|
|FUNDS OF THE CHARITY:|||||||
|Unrestricted
funds
Designated
funds||20
20||8)
1||53)|
|Restricted
funds||20||28||35|
|TOTAL FUNDS||||21||17)|
##
##
||||Notes|Notes|2021||2020|
|---|---|---|---|---|---|---|---|
||||||F'000||E'000|
|FIXEDASSETS||||||||
|Tangible
fixed assets||||15b|35||45|
|TOTAL FIXEDASSETS|||||||45|
|CURRENT ASSETS||||||||
|Debtors||||17|31||93|
|Cash at bank and|in hand||||88||21|
|TOTAL CURRENT ASSETS|||||119||114|
|LIABILITIES||||||||
|Creditors: amounts|falling due|within one|year|18|94)|(|135)|
|NET CURRENT ASSETS/(LIABILITIES)|||||25|(|21)|
|Creditors: amounts|falling due|in over one|year|||||
|TOTAL ASSETS|||||60||24|
|FUNDS OF THE CHARITY:||||||||
|Unrestricted
funds||||20|31||12)|
|Designated
funds||||20|1||1|
|Restricted
funds||||20|28||35|
|TOTAL FUNDS|||||60||24|
##
##
|||||||Notes|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||F'000|F'000|
|Cash Flows from Operating||Activities|||||||
|Net cash provided
by/(used|||in)||||||
|operating
activities||||||22|113|60)|
|Cash Flows from Investing||Activities|||||||
|Purchase
of property,||plant|and equipment|||||23)|
|Change
in cash and cash|equivalents|||in|the||||
|reporting
period|||||||102|83)|
|Cash and cash equivalents|at the||beginning||of||||
|the reporting
period|||||||99|182|
|Cash and cash equivalents||at the end||of|the||||
|reporting
period|||||||201|99|
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|2|Donations|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E'000|E'000|
||Donations|||||||
||All donations|received|in|2021 and 2020 relate to unrestricted|funds.|||
|3|Income from|charitable||activities||||
|||||||2021|2020|
|||||||E'000|E'000|
||Childcare fees|||||710|891|
||Membership|fees||||1|4|
||Training fees|||||7|8|
||Grants (see below)|||||370|291|
||Other fees|||||19|29|
|||||||1,107|1,223|
##
|Grants|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||E'000|F'000|
|Local authority
income|||||||||43|4'I|
|Big Lottery|and European|Social|Fund-||||||25|24|
|Building|Better Opportunities||Move Grant||||||||
|Big Lottery|and European|Social|Fund-||||||15|24|
|Building|Better Opportunities||Engagement||into Learning|||Grant|||
|Big Lottery and European||Social|Fund-||||||97|113|
|Building|Better Opportunities||Steps Forward|||Grant|||||
|CYPVSF|||||||||20|20|
|CAFCASS|||||||||13|14|
|Big Lottery and European||Social|Fund-||||||22|35|
|Building|Better Opportunities||Building|Connections|||Grant||||
|Mass Vaccination
Programme—|||Lincolnshire||||||79||
|Other grants|and awards||||||||56|20|
||||||||||370|291|
##
##
||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||F'000||E'000|
|Turnover|||||||246||497|
|Payment
to childcare settings
Wages, salaries
and recruitment
Administrative
expenses
Accountancy
fees||||||(
(
(
(|234)
6)
6)
&)|(
(
(
(|473)
18)
5)
2)|
|Net loss for the year|||||(||2)|(|1)|
|The Charity|also operates a shop|in Horncastle,|selling donated|goods:||||||
||||||||2021||2020|
|||||||F.'000||F'000||
|Shop takings||||||||||
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||F'000|E'000|
|Coronavirus|Job Retention||Scheme||73||
|Coronavirus/lockdown||support||grants|50||
||||||123||
##
##
|Analysis|of expend|iture
on|charitable
activities ex|panded
by activity —cur|rent year||
|---|---|---|---|---|---|---|
|||||Direct|Support|2021|
|||||costs|costs|costs|
|Charitable|activities:|||P'000|F'000|E'000|
|Care and|education|of young|people|980|218|1,198|
|||||980|218|1,198|
##
|6b|Analysis|o|f expendi|ture|on charitable
activities ex|panded
by activity —p|rior year||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|Support|2020|
|||||||costs|costs|costs|
||Charitable||activities:|||f'000|E'000|E'000|
||Care and|education||ofyoung people||1,053|231|1,284|
|||||||1,053|231|1,284|
|7|Analysis|ofsupport||costs|||||
||||||||2021|2020|
||||||||F'000|E'000|
||Staff travel||and subsistence||||3|2|
||Staff training||||||2|4|
||Stationery|and postage|||||2|1|
||Premises|costs and||equipment|||29|17|
||ICTcosts||||||8|11|
||Insurance||||||11|10|
||Legal and|professional|||||15|23|
||Wages and||salaries||||127|129|
||Recruitment||and other staff costs||||3|3|
||Pension costs||||||4|4|
||Amortisation||of goodwill|||||11|
||Governance||costs||||10|11|
||Bad debts||||||4|5|
||||||||218|231|
|8|Analysis|of governance|||costs||||
||||||||2021|2020|
||||||||E'000|E'000|
||Audit fees||||||10|10|
||Cost ofTrustees'
meetings|||||||1|
||||||||10||
##
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##
|Analysis
ofstaff costs and key management
|personnel||
|---|---|---|
||2021|2020|
||f'000|f'000|
|Wages and salaries|846|884|
|Social security costs|44|45|
|Pension|13|14|
||903|943|
|The average
monthly
head count was as fol|lows:||
|---|---|---|
||2021|2020|
||Number|Number|
|Operational|69|80|
|Administration|5|5|
||74|85|
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|Net incoming
resources|||||
|---|---|---|---|---|
||||2021|2020|
||||F'000|E'000|
|Net incoming
resources|is stated after charging:||||
|Depreciation
of charitable|assets owned|by group|20|26|
|Amortisation
of intangible|fixed assets|||11|
|Operating
lease charges|||45|31|
|Auditor's
remuneration:|||||
|- for audit services|||10|10|
##
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##
|14|Intangible
fixed assets - group||
|---|---|---|
|||Goodwill|
|||E'000|
||Cost less impairment:||
||At 1 April 2020 and 31 March 2021|97|
||Amortisation:||
||At 1 April 2020|97|
||Charge for the year||
||At 31 March 2021||
||Net book value:||
||At 1 April 2020||
||At 31 March 2021||
##
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##
|15a|Tangible fixed assets - group||||||
|---|---|---|---|---|---|---|
|||Computers|Equipment|Furniture|Vehicles|Total|
|||E'000|F'000|E'000|E'000|E'000|
||Cost:||||||
||At 1 April 2020|154|28|41|17|240|
||Additions|7||4||11|
||Disposals||||||
||At 31 March 2021|161|28|45|17|251|
||Depreciation:||||||
||At 1 April 2020|129|28|27|11|195|
||Charge for the year|8||6|6|20|
||Eliminated
on disposal||||||
||At 31 March 2021|137|28|33|17|215|
||Net book value:||||||
||At 1 April 2020|25||14||45|
||At 31 March 2021|24||12||36|
|15b|Tangible fixed assets - charity||||||
|||Computers|Equipment|Furniture|Vehicles|Total|
|||E'000|f'000|E'000|F'000|F'000|
||Cost:||||||
||At 1 April 2020|148|28|41|17|234|
||Additions|6||4||10|
||Disposals||||||
||At 31 March 2021|154|28|45|17|244|
||Depreciation:||||||
||At 1 April 2020|123|28|27|11|189|
||Charge for the year|8||6|6|20|
||Eliminated
on disposal||||||
||At 31 March 2021||28||17|209|
||Net book value:||||||
||At 1 April 2020|25||14||45|
||At 31 March 2021|23||12||35|
##
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##
|||2021||2020|
|---|---|---|---|---|
|Profit and Loss Account||E'000||f'000|
|Turnover||246||497|
|Payment
to childcare settings
Wages, salaries
and recruitment
Administrative
expenses
Accountancy
fees|(
(
(
(|234)
6)
6)
2)|(
(
(
(|473)
18)
5)
2)|
|Net loss for the year|(|2)|(|1)|
|Balance Sheet|||||
|Fixed assets|||||
|Current assets||119||151|
|Liabilities|(|159)|(|188)|
|Net liabilities|(|39)|(|37)|
##
|Due within|Due within|one year|one year||Group||Company|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|||||E'000|E'000|E'000|E'000|
|Trade debtors||||9||6|6|
|Other debtors||||1||1|9|
|Prepayments|||and accrued income|26|20|24|20|
|||||36|31|31|35|
|Due after|one||year||Group||Company|
|||||2021|2020|2021|2020|
|||||E'000|2'000|F'000|E'000|
|Amounts|owed
by group undertakings||||||58|
##
##
##
|Creditor|s: amounts
fal|ling due within|one year||||
|---|---|---|---|---|---|---|
|||||Group||Company|
||||2021|2020|2021|2020|
||||E'000|F'000|E'000|E'000|
|Trade creditors|||189|142|33|25|
|Amounts|owed to group|undertakings||||68|
|Taxation|and social security||16|9|'l6|9|
|Other creditors||||5|||
|Accruals|||17|19|15|16|
|Deferred|income||30|17|30|17|
||||252|192|94|135|
##
##
|Total future
minimum
lease payments
und|er non-cancellable
operating
le|er non-cancellable
operating
le|ases are as fo|llows:||
|---|---|---|---|---|---|
||Land and Buildings|||Other||
||2021|2020|2021||2020|
||E'000|F'000|E'000||F'000|
|No later than one year|47|26||||
|Later than one year and not later than||||||
|five years||48||||
||120|74||||
##
##
##
||||Balance|at|||||Balance at|Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
||||1/4/2020||Income|Expenditure||Transfers|31/3/2021||
||||F'000||F'000||E'000|8'000||F'000|
|Unrestricted
funds|||||||||||
|Children's
Links|||(|12)|1,020|(|977)||||
|Linking
Up Limited|||(|41)|246|(|244)||(|39)|
|Total unrestricted
funds|||(|53)|1,266|(|1,221)||(|8)|
|Designated
funds|||||||||||
|Damian
fund|||||||||||
|Total designated
funds|||||||||||
|Total unrestricted
funds|||(|52)|1,266|(|1,221)|||7)|
|Restricted
funds|||||||||||
|Adrian
Worsley
fund|||||||||||
|Big Lottery and European||||4|25|(|22)||||
|Social Fund
Building
Better|||||||||||
|Opportunities
Move Grant|||||||||||
|Big Lottery and European|||||15|(|15)||||
|Social Fund
Building
Better|||||||||||
|Opportunities
Engagement||Into|||||||||
|Learning
Grant|||||||||||
|Big Lottery and European||||3|97|(|88)|||12|
|Social Fund
Building
Better|||||||||||
|Opportunities
Steps Forward||Grant|||||||||
|Big Lottery and European|Social||Fund|10|22|(|30)||||
|Building
Better Opportunities|||Building||||||||
|Connections
Grant|||||||||||
|CYPVSF|||||20|(|37)||||
|CAFCASS|||||13|(|10)||||
|CLORE Lincolnshire
Chapter||||||(|1)||||
|GLLEP and ESF Community||Grant|||5|(|5)||||
|Virtual Outdoor Challenge|||||10|(|7)||||
|NET —South Holland|||||9|(|9)||||
|Family Explorers|||||1|(|1)||||
|Tackling
Inequalities|2||||||||||
|Total restricted
funds||||35|218|(|225)|||28|
|Total funds|||(|17)|1,484|(|1,446)|||21|
##
##
||||||Balance at|Balance at|||||Balance at|Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||1/4/2019||Income|Expenditure||Transfers|31/3/2020||
|||||||E'000|E'000||E'000|E'000||F'000|
|Unrestricted
funds|||||||||||||
|Children's
Links|||||(|362)|1,000|(|650)||(|12)|
|Linking
Up Limited|||||(|29)|497|(|509)||(|41)|
|Total unrestricted
funds|||||(|391)|1,497|(|1,159)||(|53)|
|Designated
funds|||||||||||||
|Damian
fund|||||||||||||
|Total designated
funds|||||||||||||
|Total unrestricted
funds|||||(|390)|1,497|(|1,159)||(|52)|
|Restricted funds|||||||||||||
|Adrian
Worsley
fund||||||1|||||||
|Big Lottery and European||||||3|24|(|23)||||
|Social Fund
Building|Better||||||||||||
|Opportunities
Move Grant|||||||||||||
|Big Lottery and European||||||2|24|(|26)||||
|Social Fund
Building|Better||||||||||||
|Opportunities
Engagement|||Into||||||||||
|Learning
Grant|||||||||||||
|Big Lottery and European|||||||113|(|122)||||
|Social Fund
Building|Better||||||||||||
|Opportunities
Steps|Forward|||Grant|||||||||
|Big Lottery and European||Social|||Fund|15|35|(|40)|||10|
|Building
Better Opportunities|||||Building||||||||
|Connections
Grant|||||||||||||
|CYPVSF||||||11|20|(|14)|||17|
|CAFCASS|||||||14|(|14)||||
|Armed Forces Covenant||Fund||Trust||||(|2)||||
|Messy Explorers|||||||||||||
|Total restricted
funds||||||44|232|(|241)|||35|
|Total funds|||||(|346)|1,729|(|1,400)||(|17)|
##
##
|20c|Analysis|of assets/(liabilities)|between|funds|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Total||||||Total|
||||Unrestricted||Restricted|||2021|Unrestricted||Restricted|||2020|
||General|fund:|E'000|||E'000||F'000||f'000|E'000|||E'000|
||Intangible|fixed assets|||||||||||||
||Tangible|fixed assets||36||||36||39|6|||45|
||Current assets|||198||39||237||101|29|||130|
||Creditors|falling due|(|241)|(|11)|(|252)|(|192)||(||192)|
||within one year||||||||||||||
||Creditors|falling due|||||||||||||
||in over|one year|||||||||||||
||||(|7)||28||21|(|52)|35||(|17)|
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|22|Reconciliation
of net|expenditure|to net cash flow from operating|activities|activities|||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
||||||8'000||E'000|
||Net movement
in funds (as per the|||||||
||statement
offinancial|activities)|||38||329|
||Adjustments
for:|||||||
||Amortisation
of intangible
fixed assets||||||11|
||Depreciation
oftangible|fixed assets|||20||26|
||Loss on disposal
of property,
plant and equipment||||||5|
||(Increase)/Decrease
in|debtors||(|5)||16|
||Increase/(Decrease)
in|creditors|||60|(|447)|
||Net cashf low from operating
activities||||113|(|60)|
##
|23|Analysis
of cash|and ca|sh equivalents|||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E'000|F'000|
||Cash at bank and|in hand||||201|99|
||Total cash and cash equivalents|||||201|99|
|24|Net debt reconciliation|||||||
||Net debt reconciliation||for the Group 2021|||||
|||||At start
ofyear|Cashflows|Other non-
cash changes|At year
end|
||Cash at bank and|in hand||99|102||201|
||Net debt reconciliation||for the Charity 2021|||||
|||||At start|Cashflows|Other non-|At year|
|||||ofyear||cash changes|end|
||Cash at bank and|in hand||21|67||88|