OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Reference and administrative details
Trustees' report 2-6
Auditor's
report		 7-9
Consolidated
Statement
of Financial		 Activities 10
Consolidated
Balance Sheet
Charitable
Company
Balance		 Sheet 12
Consolidated
Statement
ofCash Flows		 13
Notes to the financial statements 14 —32

CHARITY REGISTRATION CHARITY REGISTRATION NUMBER NUMBER 1071058
COMPANY REGISTRATION NUIIIIBER 03484661
TRUSTEES S Bulk —Chair (resigned 02.06.2023)
J Wainwright —Vice-chair (appointed 09.08.2022)
R Croft
A Wright
T Nicholds
(resigned		 10.01.2023)
J Firth-Brown
(appointed		 09.08.2022)
K Ruane (appointed 09,08.2022)
V Lofthouse
(appointed 09.08.2022)
KTruscott (resigned 04.10.2022)
H Bradbury
(appointed 21.03.2023)
CHIEF EXECUTIVE OFFICER R Aylmer
PRINCIPAL I REGISTERED OFFICE Suite1 &4
Gymphlex
Buildings
Boston Road
Horncastle
LN9 6HU
INDEPENDENT AUDITORS Xeinadin
Audit Limited
12Conqueror
Court
Sittingboume
Kent
ME10 5BH
BANKERS Santander
UK pic
Bridle Road
Bootle
Merseyside
L304GB
SOLICITORS Browne Jacobson LLP
Mowbray
House
Castle Meadow Road
Nottingham
NG2 1BJ

2023 2022
Notes Unrestricted Restricted Total Total
f'000 f'000 f'000 f'000
INCOME
Donations
Charitable
activities		 1,577 143 1,720 2,008
Other trading
activities		 139 139 192
Other income 15
Investment
income
Total income 1,728 143 1,871 2,219
EXPENDITURE
Charitable
activities		 ( 1,622) ( 169) ( 1,791) ( 1,8g5)
Other trading
activities		 ( 121) ( 121) ( 177)
Total expenditure ( 1,743) ( 169) ( 1,912) ( 2,072)
Net income/expenditure ( 15) ( 26) ( 41) 147
Transfers
between		 funds
Net movement
in funds		 ( 15) ( 26) ( 41) 147
Reconciliation
offunds:
Total funds brought forward 20 132 36 168 21
Total funds carried forward 20 117 10 127 168

Notes Notes 2023 2022
6'000 6'000
FIXEDASSETS
Intangible
assets		 14
Tangible
fixed assets		 15 18 27
TOTAL FIXEDASSETS 18 27
CURRENT ASSETS
Debtors 17 69 43
Cash at bank and in hand 23 250 333
TOTAL CURRENT ASSETS 319 376
LIABILITIES
Creditors: amounts falling due within one year 18 ( 210) ( 235)
NET CURRENT ASSETS 109 141
Creditors: amounts falling due in over one year
TOTAL NET ASSETS 127 168
FUNDS OF THE CHARITY:
Unrestricted
funds		 20 116 131
Designated
funds		 20 1 1
Restricted
funds		 20 10 36
TOTAL FUNDS 127 168

Notes Notes 2023 2022
6'000 6'000
FIXEDASSETS
Tangible fixed assets 15 17 26
TOTAL FIXEDASSETS 17 26
CURRENT ASSETS
Debtors 17 69 40
Cash at bank and in hand 184 242
TOTAL CURRENT ASSETS 253 282
LIABILITIES
Creditors: amounts falling due within one year 18 ( 108) ( 101)
NET CURRENT ASSETS 145 181
Creditors: amounts falling due in over one year
TOTAL ASSETS 162 207
FUNDS OF THE CHARITY:
Unrestricted
funds		 20a 151 170
Designated
funds		 20a 1 1
Restricted funds 20a 10 36
TOTALFUNDS 162 207

Notes 2023 2022
6'000 6'000
Cash Flows from Operating Activities
Net cash provided
by/(used
in)
operating
activities		 22 ( 81) 136
Cash Flows from Investing Activities
Purchase of property, plant and equipment ( 2) ( 4)
Change
in cash and cash equivalents
reporting
period		 in the ( 83) 132
Cash and cash equivalents
the reporting
period		 at the beginning of 333 201
Cash and cash equivalents
reporting
period		 at the end of the 23 250 333

Donations
2023 2022
f'000 f'000
Donations
Ail donations received in 2023 and 2022 relate to unrestricted funds.
Income from charitable activities
2023 2022
f'000 f'000
Childcare fees 825 809
Training fees 9 6
Grants (see
Fundraising
Other fees		 below)
income		 826
6
54		 1,141
3
49
1,720 2,008
attributable

Grants		 to restricted
a		 nd f1, 577,000 (20 22:f1,88 4,000) was attribut able
to unrestricted		 funds.
2023 2022
f'000 f'000
Local authority
income		 41 51
Big Lottery and European Social Fund— 20 29
Building Better Opportunities Move Grant
Big Lottery and European Social Fund- 24
Building Better Opportunities Engagement into Learning Grant
CYPVSF 20 20
CAFCASS 13 13
Big Lottery and European Soaai Fund— 6
Building Better Opportunities Building Connections Grant
Mass Vaccination
Programme-		 Lincolnshire 332 861
ICFA 306 66
Youth Music 10 9
The National Lottery Community Fund —RC Midlands Region 20
Other grants and awards 58 62
826 1,141

2023 2022
6'000 6'000
Turnover 125 177
Payment to childcare settings ( 114) ( 166)
Wages, salaries and recruitment ( 5) ( 4)
Administrative expenses ( 5)
Accountancy fees ( 2) ( 2)
Net profit for the year
The Charity also operates a shop in Horncastle, selling donated goods:
2023 2022
6'000 6'000
Shop takings 14 15
14 15
All trading
income received		 in 2023 and 2022 relates to unrestricted funds.
Other income
2023 2022
6'000 E'000
Coronavirus Job Retention Scheme 1
Coronavirus/lockdown support grants 14
15

Analysis ofexpend iture
on charitable
activities —		 current year
Direct Support 2023
costs costs cos1s
Charitable activities: 5'000 5'000 5'000
Care and education of young people 1,449 342 1,791
1,449 342 1,791
Tb Analysis o fexpendi ture on charitable
activities —		 prior year
Direct Support 2022
costs costs costs
Charitable activities: 6'000 5'000 5000
Care and education of young people 1,668 227 1,895
1,668 227 1,895
6 Analysis ofsupport costs
2023 2022
5'000 6'000
Staff travel and subsistence 21 10
Staff training 3 6
Stationery and postage 2 2
Premises costs and equipment 23 30
ICTcosts 10 11
Insurance 13 14
Legal and professional 19 11
Wages and salaries 232 125
Recruitment and other staff costs 2 4
Pension costs 5 4
Governance costs 10 10
Bad debts 2
342 227
9 Analysis ofgovernance costs
2023 2022
6'000 6'000
Audit fees 10 10
Cost ofTrustees'
meetings
10 10

Analysis ofstaff costs and key management
 personnel
2023 2022
F.'000 E'000
Wages and salaries 1,237 1,434
Social security costs 64 68
Pension 14 15
1,315 1,517
The average
monthly
head count was as fol		 lows:
2023 2022
Number Number
Operational 111 136
Administration 8 6
119 142

12 Net incoming
resources		 Net incoming
resources
2023 2022
5'000 8'000
Net incoming
resources		 is stated after charging:
Depreciation
of charitable		 assets owned by group 11 13
Operating
lease charges		 41 52
Auditor's
remuneration:
-for audit services 10 10

14 Intangible
fixed assets -group
Goodwill
9.'000
Cost less impairment:
At 1 April 2022 and 31 March 2023 97
Amortisation:
At 1 April 2022 97
Charge for the year
At 31 March 2023 97
Net book value:
At 1 April 2022
At 31 March 2023

15a Tangible fixed assets - group
Computers Equipment Furniture Vehicles Total
f'000 f'000 f'000 f'000 f'000
Cost:
At 1 April 2022 94 43 17 154
Additions 2 2
Disposals ( 17) ( 17)
At 31 March 2023 96 43 139
Depreciation:
At 1 April 2022 74 36 17 127
Charge for the year 8 3 11
Eliminated
on disposal		 ( 17) ( 17)
At 31 March 2023 82 39 121
Net book value:
At 1 April 2022 20 27
At 31 March 2023 14 18
15b Tangible fixed assets - charity
Computers Equipment Furniture Vehicles Total
f'000 f'000 f'000 f'000 F'000
Cost:
At
1 April 2022		 87 43 17 147
Additions 2 2
Disposals ( 17) ( 17)
At 31 March 2023 89 43 132
Depreciation:
At 1 April 2022 68 36 17 121
Charge for the year 8 3 11
Eliminated
on disposal		 ( 17) ( 17)
At 31 March 2023 76 39 115
Net book value;
At 1 April 2022 19 26
At 31 March 2023 13 17

2023 2022
Profit and Loss Account F.'000 F'000
Turnover 125 177
Payment to childcare settings
Wages, salaries and recruitment
Administrative
expenses
Accountancy
fees		 (
(
(		 114)
5)
2)		 (
(
(
(		 166)
4)
5)
2)
Net profit for the year
Balance Sheet
Fixed assets 1 1
Current assets 69 94
Liabilities ( 105) ( 134)
Net liabilities ( 35) ( 39)

Creditor s: amounts
falling due within		 one year
Group Company
2023 2022 2023 2022
6'000 6'000 6'000 5'000
Trade creditors 134 167 32 35
Amounts owed to group undertakings
Taxation and social secunty 8 15 8 15
Other creditors 8 1 6 1
Accruals 24 19 26 19
Deferred income 36 33 36 31
210 235 108 101

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
2023 2022 2023 2022
6'000 F'000 6'000 6'000
No later than one year 35 41
Later than one year and not later than
five years 21 36
56 77 10 14

Balance at Balance at Balance at Balance at
1/4/2022 Income Expenditure Transfers 31/3/2023
F'000 6'000 6'000 6'000 F'000
Unrestricted
funds
Children's
Links		 170 1,603 ( 1,626) 147
Linking
Up Limited		 ( 30) 125 ( 121) ( 35)
Total unrestricted funds 131 1,728 ( 1,747) 112
Designated
funds
Damian
fund
Total designated funds
Total unrestricted funds 132 1,728 ( 1,747) 113

Restricted funds
Adrian Worsley fund
Big Lottery and European 20 ( 26)
Social Fund Building Better
Opportunities
Move Grant
Big Lottery and European 6 ( 10)
Social Fund
Building Better
Opportunities
Engagement		 Into
Learning
Grant
Big Lottery and European Social Fund ( 2)
Building Better Opportunities Building
Connections
Grant
CYPVSF 20 ( 20)
CAFCASS 13 ( 17)
CLORE Lincolnshire
Chapter		 ( 1)
GLLEP and ESFCommunity Grant 2 ( 3)
Virtual Outdoor Challenge ( 2)
Family Explorers ( 1)
Tackling
Inequalities		 2
Shine CAD Camper 10 ( 10)
MCN Grant Mum's
Fit		 5 ( 5)
Youth Music 11 ( 20)
The National
Lottery Community
Fund —RC Midlands region 20 ( 18)
AWA Play Scape 3 ( 3)
AEB First Aid 1 ( 1)
AEB Level 2 Early Years 5 ( 3)
MCM Women
Supporting		 Women 7 ( 7)
Holiday Activities
&Food		 (HAF)
Programme 20 ( 20)
Total restricted funds 36 143 ( 169) 10
Total funds 168 1,871 ( 1,912) 127

20b Funds analysis —prior year Funds analysis —prior year Funds analysis —prior year
Balance at Balance at
1/4/2021
6'000		 Income
6'000		 Expenditure
6'000		 Transfers
6'000		 31/3/2022
6'000
Unrestricted
funds
Children's
Links		 31 1,918 ( 1,779) 170
Linking
Up Limited		 ( 39) 177 ( 177) ( 39)
Total unrestricted
funds		 ( 8) 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
Social Fund Building Better		 29 ( 25)
Opportunities
Move Grant
Big Lottery and European
Social Fund Building Better		 24 ( 20)
Opportunities
Engagement		 Into
Learning
Grant
Big Lottery and European
Social Fund Building Better		 12 ( 12)
Opportunities
Steps Forward		 Grant
Big Lottery and European
Social Fund
Building Better Opportunities
Building		 6 ( 6)
Connections
Grant
CYPVSF
CAFCASS
CLORE Lincolnshire
Chapter		 20
13
1		 (
(		 20)
12)
GLLEP and ESFCommunity
Virtual Outdoor Challenge
Family Explorers
Tackling
Inequalities
2		 Grant 9 (
(
(		 8)
1)
3)
This Girl Can
Community
Fund Award		 ( 5)
Shine CAD Camper
MCN Grant Mum's Fit
Youth Music		 (
(		 3)
1)
Total restricted
funds		 28 124 ( 116) 36
Total funds 21 2,219 ( 2,072) 168

20c Analysis of assets/(liabilities) between funds between funds
Total Total
Unrestricted Restricted 2023 Unrestricted Restricted 2022
General fund: 8'000 6'000 6'000 8'000 8'000 f'000
Intangible fixed assets
Tangible
Current		 fixed assets
assets		 18
285		 34 18
319		 27
309		 67 27
376
Creditors falling due ( 184) ( 26) ( 210) ( 204) ( 31) ( 235)
within one year
Creditors falling due
in over one year
119 8 127 132 36 168

2023 2022
6'000 6'000
Net movement
in funds (as per the
statement
offinancial activities)		 ( 41) 147
Adjustments
for:
Amortisation
of intangible
fixed		 assets
Depreciation
oftangible
fixed assets
Loss on disposal of property,
plant and equipment
Increase
in debtors
(Decrease)/increase
in creditors		 (
(		 26)
25)		 (
(		 13
7)
17)
Net cashflow from operating activities ( 81) 136
Analysis ofcash and cash equivalents
2023 2022
8'000 f'000
Cash at bank and
in hand		 250 333
Total cash and cash equivalents 250 333
Net debt reconciliation
Net debt reconciliation
for the		 Group 2023
At start
ofyear		 Cashf lowe Other non-
cash changes		 At year
end
Cash at bank and
in hand		 333 ( 83) 250
Net debt reconciliation
for the		 Charity 2023
At start
ofyear		 Cashf lowe Other non-
cash changes		 At year
end
Cash at bank and
in hand		 242 ( 58) 184