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##
||||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|||
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|||||||||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|
##
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||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|
##
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|||||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|
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|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|
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|||||||||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|
##
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##
|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|
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|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|
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|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|
##
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|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||
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|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|
##
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##
|||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)|
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|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|
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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||
||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|
##
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|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|
##
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|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|
##
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|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|
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|||||||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|