2022-03-31-accounts - Children's Links

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		Page
Reference and administrative	details
Trustees' report		2-9
Auditor's report		10-12
Consolidated Statement of Financial Activities		13
Consolidated Balance Sheet		14
Charitable Company Balance	Sheet
Consolidated Statement ofCash Flows
Notes to the financial statements		17—34

				Target	at	31 March 2022	Actual at 31 March 2022
Number people	of and	children, families	young supported			3,870	5,390

Key risks identified during the perio	d were:-
Risk		Amelioration			Ex	ected Outcome
Impact ofCovid and lockdowns	Marketing and other new business			and	Diversification	and re-engagement			in
on income for nurseries, charity	grants to support recovery from Covid.				services are	replacing	lost income.
sho and fundraisin
Implementation of new service	Experienced	team supporting			Service now	established		and running
that included TUPE took longer	implementation and working		with		effectively
than ex ected	funders and	artners
Restructure due to CEO retiring.	Succession	planning			Successful transition		and	new team	in
					lace

								2022		2021
		Notes	Unrestricted		Restricted			Total		Total
				6'000		6'000		6'000		6'000
INCOME
Donations
Charitable activities				1,884		124		2,008		1,107
Other trading activities				192				192		252
Other income				15				15		123
Total income				2,095		124		2,219		1,484
EXPENDITURE
Charitable activities		6	(	1,779)	(	116)	(	1,895)	(	1,198)
Other trading activities		4	(	177)			(	177)	(	248)
Total expenditure			(	1,956)	(	116)	(	2,072)	(	1,446)
Net income				139		8		147
Transfers between	funds
Net movement in funds				139				147		38
Reconciliation offunds:
Total funds brought	forward	19b	(	7)		28		21	(	17)
Total funds carried	forward	tga		132		36		168		21

	Notes	Notes		2022		2021
				6'000		f.'000
FIXEDASSETS
Intangible assets		13
Tangible fixed assets		14a		27		36
TOTAL FIXEDASSETS				27		36
CURRENT ASSETS
Debtors		16		43		36
Cash at bank and in hand		22		333		201
TOTAL CURRENT ASSETS				376		237
LIABILITIES
Creditors: amounts falling due within one year		17	(	235)	(	252)
NET CURRENT ASSETS/(LIABILITIES)				141	(	15)
Creditors: amounts falling due in over one	year
TOTAL NET ASSETS				168		21
FUNDS OF THE CHARITY:
Unrestricted funds		19		131	(	8)
Designated funds		19		1		I
Restricted funds		19		36		28
TOTAL FUNDS				168		21

	Notes	Notes		2022		2021
				E000		E000
FIXEDASSETS
Tangible fixed assets		14b				35
TOTAL FIXEDASSETS				26		35
CURRENT ASSETS
Debtors		16		40		31
Cash at bank and in hand				242		88
TOTAL CURRENT ASSETS				282		119
LIABILITIES
Creditors: amounts falling due within	one year	17	(	101)	(	94)
NET CURRENT ASSETS				181		25
Creditors: amounts falling due in over one year
TOTAL ASSETS				207		60
FUNDS OF THE CHARITY:
Unrestricted funds		19		170		31
Designated funds		19		1		1
Restricted funds		19		36		28
TOTAL FUNDS				207		60

						Notes		2022		2021
								R'000		6'000
Cash Flows from Operating		Activities
Net cash provided by/(used			in)
operating activities						21		136		113
Cash Flows from Investing		Activities
Purchase ofproperty,		plant	end equipment				(	4)	(	11)
Change in cash and cash	equivalents			in	the
reporting period								132		102
Cash and cash equivalents	at the		beginning		of
the reporting period								201
Cash and cash equivalents		at the end		of	the
reporting period						22		333		201

2	Donations
							2022	2021
							E'000	2'000
	Donations
	All donations		received	in	2022 and 2021 relate to unrestricted	funds.
3	Income from		charitable		activities
							2022	2021
							F'000	B'000
	Childcare fees						809	710
	Membership		fees				3	1
	Training fees						6	7
	Grants (see	below)					1,141	370
	Fundraising	income					3	2
	Other fees						46	17
							2,006	1,107

Grants
								2022	2021
								6'000	E'000
Local authority	income							51	43
Big Lottery and	European	Social	Fund-					29	25
Building Better Opportunities			Move Grant
Big Lottery and	European	Social	Fund-					24	15
Building Better Opportunities			Engagement	into Learning			Grant
Big Lottery and	European	Social	Fund-
Building Better Opportunities			Steps Forward		Grant
CYPVSF								20	20
CAFCASS								13	13
Big Lottery and	European	Social	Fund-					6	22
Building Better Opportunities			Building Connections			Grant
Mass Vaccination Programme-			Lincolnshire					861	79
ICFA								66
Youth Music								9
Other grants and awards								62
								1,141	370

expenditu	re	attributable to the Company are as	follows:
					2022		2021
				k'000		5'000
Turnover					177		246
Payment	to childcare settings			(	166)	(	234)
Wages,	salaries and recruitment			(	4)	(	6)
Administrative Accountancy		expenses fees		( (	5) 2)	( (	6) 2)
Net loss	for the year					(	2)
The Charity		also operates a shop in Horncastle,	selling donated goods:
					2022		2021
				5'000		5'000
Shop takings					15
					15

Other inco	me
			2022	2021
			5'000	5'000
Coronavirus	Job Retention Scheme		1	73
Coronavirus/lockdown		support grants	14	50
			15	123

Analysis	ofexpend	iture on charitable activities —	current year
			Direct	Support	2022
			costs	costs	costs
Charitable	activities:		6'000	6'000	8'000
Care and	education	ofyoung people	1,668	227	1,895
			1,668	227	1,895

6b	Analysis o		fexp	endi	ture on	charitable activities —	prior year
							Direct	Support	2021
							costs	costs	costs
	Charitable		activities:				6'000	8'000	6'000
	Care and education				ofyoung	people	980	218	1,198
							980	218	1,198
7	Analysis ofsupport				costs
								2022	2021
								OOOO	000
	Staff travel		and subsistence					10	3
	Staff training							6	2
	Stationery	and postage						2	2
	Premises costs			and	equipment			30	29
	ICTcosts							11	8
	Insurance							14	11
	Legal and professional							11	15
	Wages and		salaries					125	127
	Recruitment		and	other staff costs				4	3
	Pension costs							4	4
	Governance		costs					10	10
	Bad debts								4
								227	218
8	Analysis ofgovernance costs
								2022	2021
								6'000	6'000
	Audit fees							10	10
	Cost ofTrustees'			meetings
								10	10

Analysis ofstaff costs and key management	personnel
	2022	2021
	5'000	5'000
Wages and salaries	1,434	&46
Social security costs	68	44
Pension	15	13
	1,517	903

The average monthly head count was as fol	lows:
	2022	2021
	Number	Number
Operational	136
Administration	6
	142	74

Net incoming resources
		2022	2021
		0'000	t."000
Net incoming resources is stated after charging:
Depreciation ofcharitable assets owned	by group	13	20
Operating lease charges		52	45
Auditor's remuneration:
-for audit services			10

14a	Tangible fixed assets - group
		Computers		Equipment		Furniture		Vehicles		Total
			f.'000		6'000		f'000	6'000		6'000
	Cost:
	At 1 April 2021		161		28		45	17		251
	Additions		4							4
	Disposals	(	71)	(	28)	(	2)		(	101)
	At 31 March 2022						43	17
	Depreciation:
	At 1 April 2021		137		28		33	17		215
	Charge for the year		8				5			13
	Eliminated on disposal	(	71)	(	28)	(	2)		(	101)
	At 31 March 2022		74				36	17		127
	Net book value:
	At 1 April 2021		24				12
	At 31 March 2022		20							27
14b	Tangible fixed assets - charity
		Computers		Equipment		Furniture		Vehicles		Total
			6'000		6'000		6'000	6'000		6'000
	Cost:
	At 1 April 2021		154		28		45	17		244
	Additions		4							4
	Disposals	(	71)	(	28)	(	2)		(	101)
	At 31 March 2022		87				43	17		147
	Depreciation:
	At 1 April 2021		131		28		33	17		209
	Charge for the year		8				5			13
	Eliminated on disposal	(	71)	(	28)	(	2)		(	101)
	At 31 March 2022							17		121
	Net book value:
	At 1 April 2021		23				12			35
	At 31 March 2022		19							26

A summary of	the results ofthe subsidiary	is shown belo	w:
					2022		2021
Profit and Loss Account				E'000		E'000
Turnover					177		246
Payment to childcare settings				(	166)	(	234)
Wages, salaries and recruitment				(	4)	(	6)
Administrative expenses Accountancy fees				( (	5) 2)	( (	6) 2)
Net loss for the	year					(	2)
Balance Sheet
Fixed assets					1		1
Current assets					94		119
Liabilities				(	134)	(	159)
Net liabilities				(	39)	(	39)
Debtors
Due within one year			Group			Company
		2022	2021		2022		2021
		F'000	E'000		E'000	E'000
Trade debtors		17	g		16		6
Other debtors		2	1				1
Prepayments and accrued income		24	26				24
		43	36		40		31
Due after one	year		Group			Company
		2022	2021		2022		2021
		E'000	E'000		E'000	E'000
Amounts owed	by group undertakings

Creditor	s: amounts falling due within	one year
			Group		Company
		2022	2021	2022	2021
		6'000	8'000	8'000	6'000
Trade creditors		167	189	35
Amounts	owed to group undertakings
Taxation	and social security	15	16	15
Other creditors		1		1
Accruals		19	17	19	15
Deferred	income	33	30	31	30
		235	252	101

Total future minimum lease payments und	er non-cancellable operating lea	er non-cancellable operating lea	ses are as fo	llows:
	Land and Buildings			Other
	2022 6'000	2021 f'000	2022 6'000		2021 6000
No later than one year	41
Later than one year and not later than
five years	36	73	10
	77	120	14

		Balance at	Balance at					Balance at	Balance at
			1/4/2021	Income	Expenditure		Transfers	31/3/2022
			6'000	6'000		6'000	6'000		6'000
Unrestricted funds
Children's Links			31	1,918	(	1,779)			170
Linking Up Limited		(	39)	177	(	177)		(	39)
Total unrestricted	funda	(	6)	2,095	(	1,956)			131
Designated funds
Damian fund
Total designated	funds
Total unrestricted	funds	(	7)	2,095	(	1,956)			132

Restricted funds
Adrian Worsley fund
Big Lottery and European				29	(	25)
Social Fund Building Better
Opportunities Move Grant
Big Lottery and European				24	(	20)
Social Fund Building Better
Opportunities Engagement	Into
Learning Grant
Big Lottery and European					(	12)
Social Fund Building Better
Opportunities Steps Forward		Grant
Big Lottery and European Social Fund				6	(	6)
Building Better Opportunities		Building
Connections Grant
CYPVSF CAFCASS				20 13	( (	20) 12)
CLORE Lincolnshire Chapter				1
GLLEP and ESFCommunity		Grant		9	(	8)
Virtual Outdoor Challenge Family Explorers				4	( (	1) 3)
Tackling Inequalities 2
This Girl Can				5	(	5)
Community Fund Award
Shine CAD Camper				3	(	3)
MCN Grant Mum's Fit Youth Music				1 9	(	1)
Total restricted funds			28	124	(	116)	36
Total funds			21	2,219	(	2,072)	168

Funds analysis - prior y	ear
			Balance at						Balance at
			1/4/2020		Income	Expenditure		Transfers	31/3/2021
				6'000	6'000		6'000	6'000		6'000
Unrestricted funds
Children's Links			(	12)	1,020	(	977)			31
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				1
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 CAFCASS				17	20 13	( (	37) 10)
CLORE Lincolnshire Chapter					1	(	1)
GLLEP and ESFCommunity Virtual Outdoor Challenge NET —South Holland		Grant			5 10 9	( ( (	5) 7) 9)
Family Explorers					1	(	1)
Tackling Inequalities 2
Total restricted funds				35	218	(	225)			28
Total funds			(	17)	1,484	(	1,446)			21

								2022		2021
								6'000		6'000
	Net movement in funds	(as	per the
	statement offinancial activities)							147		38
	Adjustments for:
	Amortisation ofintangible	fixed		assets
	Depreciation oftangible fixed		assets					13		20
	Loss on disposal ofproperty,		plant and equipment
	Increase in debtors (Decrease)/increase in creditors						( (	7) 17)	(	5) 60
	Net cashflow from operating			activities				136		113
22	Analysis ofcash and cash equivalents
								2022		2021
								F'000		6'000
	Cash at bank and in hand							333		201
	Total cash and cash equivalents							333		201
23	Net debt reconciliation
	Net debt reconciliation	for the Group 2022
					At start	Cashflowe		Other non-		At year
					ofyear			cash changes		end
	Cash at bank and in hand				201	132				333
	Net debt reconciliation	for the Charity 2022
					At start ofyear	Cashflows		Other non- cash changes		At year end
	Cash at bank and in hand				88	154				242