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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|
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|||||Target|at|31 March 2022|Actual at 31 March 2022|
|---|---|---|---|---|---|---|---|
|Number
people|of
and|children,
families|young
supported|||3,870|5,390|
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|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|||||
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|||||||||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|
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||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|
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||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|
##
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|||||||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|
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|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|
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|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|
##
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|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|
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|11|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|
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|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|
##
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##
|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|||||||
##
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|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||
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|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|||
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|||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|
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|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|
##
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##
|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|
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|||||||||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|