| Tmstees | M Oliver (resigned 23 June 2021) |
|---|---|
| P Brown | |
| S Fraser (resigned 29 September 2021) | |
| A Hodson | |
| M Drake | |
| R Portham, Chair | |
| K Roberts (appointed 28 October 2020, resigned 29 September 2021) | |
| Company registered | |
| number | 03584750 |
| Charity registered | |
| number | 1071829 |
| Registered office | St Margarets |
| Millfleet | |
| King's Lynn | |
| Norfolk | |
| PESO 5EG | |
| Independent auditors | Whiffngs LLP |
| Senior Statutory Auditor | |
| Greenwood House | |
| Greenwood Court | |
| Skyliner Way | |
| Bury St Edmunds | |
| Suffolk | |
| IP32 7GY | |
| Bankers | Barclays |
| 92 High Street | |
| King's Lynn | |
| Norfolk | |
| PESO1BL | |
| Solicitors | Fraser Dawbarns |
| 21 Tuesday Market Place | |
| King's Lynn | |
| Norfolk: | |
| PESO 1JW |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 Note £ |
2021£ | 2021£ | 2020 £ |
||
| Income from: | |||||
| Donations, legacies & grants: Donations & legacies Grants |
3 | 3,370 | 500 60,708 |
3,870 60,708 |
1,493 |
| Similar incoming resources | 64 | 64 | 1.854 | ||
| Charitable activities | 4 | 1,057,309 | 1,057,309 | 1,032,098 | |
| Other trading activities | 5 | 1,926 | 1,926 | 5,436 | |
| Investments | 6 | 2,249 | 2,249 | 3,601 | |
| Total income | 1,064,918 | 61,208 | 1,126,126 | 1,044,482 | |
| Expenditure on: Raising funds Charitable activities |
7 | 763 975,660 |
40,635 | 763 1,016,295 |
1,583 984,945 |
| Total expenditure | 976,423 | 40,635 | 1,017,058 | 986,528 | |
| 88,495 | 20,573 | 109,068 | 57,954 | ||
| Net movement in funds | ===: | ||||
| Reconciliation of funds: | |||||
| Total funds brought forward | 733,411 | 24,698 | 758,109 | 700,155 | |
| Net movement in funds | 88,495 | 20,573 | 109,068 | 57,954 | |
| 821,906 | 45,271 | 867,177 | 758,109 | ||
| Total funds carried forward |
| Note | 2021£ | 2020 £ |
|||
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible assets | 13 | 454,130 | 457,014 | ||
| 454,130 | 457,014 | ||||
| Current assets | |||||
| Debtors | 14 | 99,167 | 103,389 | ||
| Cash at bank and in hand | 355,081 | 420,624 | |||
| 454,248 | 524,013 | ||||
| Creditors: amounts falling due within one | |||||
| year | 15 | (41,201) | (42,892) | ||
| Net current assets | 413,047 | 481,121 | |||
| Total assets less current liabilities | 867,177 | 938.135 | |||
| Creditors: amounts falling due after more | |||||
| than one year | 16 | (180,026) | |||
| Total net assets | 867,177 | 758,109 |
| Note | 2021£ | 2020 £ |
|
|---|---|---|---|
| Charity funds | |||
| Restricted funds | 20 | 45,271 | 24,698 |
| Unrestricted funds | 20 | 821,906 | 733,411 |
| Total funds | 867,177 | 758,109 |
| 2021£ | 2020 £ |
|
|---|---|---|
| Cash flows from operating activities | ||
| Net cash used in operating activities - note 23 | 131,369 | 171,954 |
| Cash flows from investing activities | ||
| Purchase of tangible fixed assets | (4,278) | (5,842) |
| Net cash used in investing activities | (4,278) | (5,842) |
| Cash flows from financing activities | ||
| Repayments of borrowing | (192,634) | (11,501) |
| Net cash used in financing activities | (192,634) | (11.501) |
| Change in cash and cash equivalents in the year | (65,543) | 154,611 |
| Cash and cash equivalents at the beginning of the year | 420,624 | 266,0^3 |
| Cash and cash equivalents at the end of the year - note 24 | 355,081 | 420,624 |
| The notes on pages 17 to 35 form part of these financial statements |
| Leasehold Property | - period of lease and 7% straight fine |
|---|---|
| Fixtures and fittings | - 25% p.a. reducing balance |
| Office equipment | - 25% p.a. reducing balance |
| Unrestricted Restricted | Total | Total | |
|---|---|---|---|
| funds funds | funds | funds | |
| 2021 2021 £ £ |
2021£ | 2020 £ |
|
| Donations | 3,370 500 |
3,870 | 1,493 |
| Infection Control Fund grants | 60,708 | 60,708 | |
| Similar incoming resources | 64 | 64 | 1,854 |
| 3,434 61,208 |
64,642 | 3,347 | |
| Total 2020 | 3,347 | 3,347 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Sale of goods/services as part of direct charitable activities | 1,057,309 | 1,057,309 | 1,032,098 |
| 1,057,309 | 1,057,309 | 1,032,098 | |
| Total 2020 | 1,032,098 | 1,032,098 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Room Hire Income | 600 | ||
| Curriculum Enrichment | 1,926 | 1,926 | 3,232 |
| 1,926 | 1,926 | 3,832 | |
| Total 2020 | 3,832 | 3,832 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Vending Machine tncome | 1,604 | ||
| Tote/ 2020 | 1,604 | 1,604 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021£ | 2021£ | 2020 £ |
||
| Bank | Interest Receivable | 2,249 | 2,249 | 3.601 |
| Tote/ | 2020 | 3.601 | 3,601 |
| Unrestricted Restricted | Unrestricted Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2021 2021 £ £ |
2021£ | 2020 £ |
||
| Micro Enterprise Project | 61,991 | 61,991 | 69,234 | |
| Forward Day Centre | 913,669 | 40,635 | 954,304 | 915,711 |
| 975,660 | 40,635 | 1,016,295 | 984,945 | |
| Total 2020 | 980,404 | 4,541 | 984,945 | |
| Analysis of expenditure by activities | ||||
| Activities | ||||
| undertaken | Support | Total | Total | |
| directly | costs | funds | funds | |
| 2021£ | 2021£ | 2021£ | 2020 £ |
|
| Micro Enterprise Project | 61,991 | 61,991 | 69,234 | |
| Forward Day Centre | 745,847 | 208,457 | 954,304 | 915,711 |
| 807,838 | 208,457 | 1,016,295 | 984,945 | |
| Tote/ 2020 | 804,966 | 179,979 | 984,945 |
| Micro | ||||
|---|---|---|---|---|
| Enterprise | Forward | Total | Total | |
| Project Day Centre | funds | funds | ||
| 2021 2021 £ £ |
2021£ | 2020 £ |
||
| Staff costs | 38,821 | 613,823 | 652,644 | 673,577 |
| Depreciation | 3,483 | 3,483 | 4,382 | |
| Rent & rates | 16,976 | 565 | 17,541 | 17,847 |
| Motor & travel costs | 2,938 | 2,938 | 12,863 | |
| Legal & professional fees | 794 | 794 | 647 | |
| Curriculum costs | 6,198 | 6,198 | nt59 | |
| Client care & transport | (1.053) | (1,053) | (1,201) | |
| Bad debts | 10,442 | 10,442 | 4,000 | |
| Light & heat | 2,571 | 7,780 | 10,351 | 9,819 |
| Repairs & maintenance | 2,392 | 40,369 | 42,761 | 31,952 |
| Other establishment costs | 1,231 | 12,142 | 13,373 | 14,023 |
| Training costs | 375 | 375 | 5,061 | |
| Mortgage interest & charges | 13,731 | 13,731 | 10.894 | |
| Covid-19 related costs | 34,260 | 34,260 | 7,943 | |
| 61,991 | 745,847 | 807,838 | 804,966 | |
| Total 2020 | 69,234 | 735,732 | 804,966 |
| Forward | Total | Total | |
|---|---|---|---|
| Day Centre | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Staff costs | 181,415 | 181,415 | 151,377 |
| Depreciation | 3,680 | 3,680 | 3,266 |
| Rent & rates | 141 | 141 | 377 |
| Office expenses | 356 | 356 | 228 |
| Telephone | 8,072 | 8,072 | 8,271 |
| Operating leases | 1,087 | ||
| Light & heat | 1,927 | 1,927 | 1,900 |
| Repairs & maintenance | 1,724 | 1,724 | 2,752 |
| Other establishment costs | 2,842 | 2,842 | 2,624 |
| Governance costs | 8,300 | 8,300 | 8,097 |
| 208,457 | 208,457 | ^79,979 | |
| Total 2020 | 179,979 | 179,979 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021£ | 2021£ | 2020 £ |
|
| Audit Fees | 5,280 | 5,280 | 5,593 |
| Accountancy Fees | 2,830 | 2,830 | 2,360 |
| Legal Fees | 190 | 190 | 144 |
| 8,300 | 8,300 | 8,097 |
| 2021£ | 2020 £ |
|
|---|---|---|
| Wages and salaries | 748,056 | 738,521 |
| Social security costs | 49,661 | 50,964 |
| Contribution to defined contribution pension schemes | 36,343 | 35,469 |
| 834,060 | 824,954 |
| The average number of persons employed by the company | during the year was as follows: | |
|---|---|---|
| 2021 | 2020 | |
| No. | No. | |
| Forward and Futures project staff | 41 | 42 |
| Administration and support staff | 6 | 6 |
| 47 | 48 |
| Short-term | |||||
|---|---|---|---|---|---|
| Freehold | leasehold Fixtures and Office | ||||
| property property fittings equipment | Total | ||||
| £ £ £ | £ | £ | |||
| Cost or valuation | |||||
| At 1 August 2020 | 423,692 | 104,404 | 97,381 | 26,644 | 652,121 |
| Additions | 1,697 | 2,581 | 4,278 | ||
| At 31 July 2021 | 423,692 | 104,404 | 99,078 | 29,225 | 656,399 |
| Depreciation | |||||
| At 1 August 2020 | 94,117 | 77,128 | 23,862 | 195,107 | |
| Charge for the year | 722 | 5,281 | 1,158 | 7,161 | |
| At 31 July 2021 | 94,839 | 82,409 | 25,020 | 202,268 | |
| Net book value | |||||
| At 31 July 2021 | 423,692 | 9,565 | 16,669 | 4,205 | 454,131 |
| At31 July2020 | 423,692 | 10,287 | 20,253 | 2,782 | 457,0^4 |
| ebtors: Amounts falling due within one year | |||||
| 2021£ | 2020 £ |
||||
| Trade debtors | 24,187 | 56,365 | |||
| Other debtors | 3,581 | ||||
| Prepayments and accrued income | 55,300 | 43,443 | |||
| Grants receivable | 19,680 | ||||
| 99,167 | 103,389 |
| reditors: Amounts falling due within one year | ||
|---|---|---|
| 2021£ | 2020 £ |
|
| Bank loans - mortgage | 12,608 | |
| Trade creditors | 4,077 | 2,204 |
| Other taxation and sodat security | 11,468 | 11,306 |
| Other creditors | 13,627 | 1,216 |
| Accruals and deferred income | 12,029 | 15,558 |
| 41,201 | 42,892 |
| 2021 | 2020 |
|---|---|
| £ | £ |
| 180.026 |
| tatement of funds | tatement of funds | |||
|---|---|---|---|---|
| Statement of funds - current year | ||||
| Balance at 1 | Transfers Balance at | |||
| August 2020£ | Income Expenditure in/out 31 July 2021 £ £ £ £ |
|||
| Unrestricted funds | ||||
| Designated funds | ||||
| Emergency Operating Reserve | 140,000 | 140,000 | ||
| Fixed Asset Reserve | 263,963 | 190,168 | 454,131 | |
| Building Repair Fund | 23,622 | (213) | 23,409 | |
| Brickwork Fund | 29,400 | (7,038) | 22,362 | |
| 456,985 | (7,251) 190,168 | 639,902 | ||
| General funds | ||||
| General Funds - all funds | 276,426 1,064,918 (969,172) (190,168) | 182,004 | ||
| Total Unrestricted funds | 733,411 1,064,918 (976,423) | 821,906 | ||
| Restricted funds | ||||
| Soundbeam Grant | 1,904 | (411) | 1,493 | |
| Loft Insulation Grant | 612 | (103) | 509 | |
| Helping People into Voluntary | ||||
| Work | 4,600 | 4,600 | ||
| Funky Gift Shop Grant | 8,425 | (578) | 7,847 | |
| Magic Carpet Interactive Flooring Grant |
5,896 | (1,474) | 4,422 | |
| Mitfleet Access Gate Grant | 705 | (232) | 473 | |
| Milfleet New Toilet Grant | 2,556 | (1,090) | 1,466 | |
| IT Equipment Fund | 500 | (86) | 414 | |
| Infection Control Fund | 60,708 | (36,661) | 24,047 | |
| 24,698 | 61,208 | (40,635) | 45,271 | |
| Total of funds | 758,109 1,126,126 (1,017,058) | 867,177 |
| Balance at | |||||
|---|---|---|---|---|---|
| 1 August | Transfers Balance at | ||||
| 2019 | Income | Expenditure | in/out 31 July 2020 | ||
| £ | £ £ | £ £ | |||
| Unrestricted funds | |||||
| Designated funds | |||||
| Emergency Operating Reserve | 140,000 | 140,000 | |||
| Fixed Asset Reserve | 255,027 | 8,936 | 263,963 | ||
| Building Repair Fund | 23,622 | 23,622 | |||
| Brickwork Fund | 30,000 | (600) | 29,400 | ||
| 448,649 | (600) | 8,936 | 456,985 | ||
| General funds | |||||
| General Funds - all funds | 222,267 | 1,044,482 | (981,387) | (8,936) | 276,426 |
| Total Unrestricted funds | 670,916 | (981,987) | 733,411 | ||
| Restricted funds | |||||
| Soundbeam Grant | 2,379 | (475) | 1,904 | ||
| Loft Insulation Grant | 749 | (137) | 612 | ||
| Helping People into Voluntary | |||||
| Work | 4,600 | 4,600 | |||
| Funky Gift Shop Grant | 9,178 | (753) | 8,425 | ||
| Magic Carpet Interactive | |||||
| Flooring Grant | 7,861 | (1,965) | 5,896 | ||
| Milfleet Access Gate Grant | 1,042 | (337) | 705 | ||
| Milfleet New Toilet Grant | 3,430 | (874) | 2,556 | ||
| 29,239 | (4,541) | 24,698 | |||
| Total of funds | 700,155 | (986,528) | 758.109 |
| Balance at 1 | Transfers Balance at | ||
|---|---|---|---|
| August 2020£ | Income Expenditure £ £ |
in/out 31 July 2021 £ £ |
|
| Designated funds | 456,985 | (7,251) | 190,168 639,902 |
| General funds | 276,426 | 1,064,918 (969,172) | (190,168) 182,004 |
| Restricted funds | 24,698 | 61,208 (40,635) | 45,271 |
| 758,109 | 1,126,126 (1,017,058) | 867,177 |
| Balance at | |||
|---|---|---|---|
| 1 August 2019£ |
Income Expenditure £ £ |
Transfers Balance at in/out 31 July 2020 £ £ |
|
| Designated funds | 448,649 | (600) | 8,936 456,985 |
| General funds | 222,267 | 1,044,482 (981,387) |
(8,936) 276,426 |
| Restricted funds | 29,239 | (4,541) | 24,698 |
| 700,^55 | 1,044,482 (986,528) | 758,109 |
| Unrestricted Restricted | Total | |
|---|---|---|
| funds funds | funds | |
| 2021 2021 £ £ |
2021£ | |
| Tangible fixed assets | 437,575 16,555 |
454,130 |
| Current assets | 425,530 28,716 |
454,246 |
| Creditors due within one year | (41,199) | (41,199) |
| Total | 821,906 45,271 |
867,177 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| £ | £ | £ | |
| Tangible fixed assets | 437,492 | ^9,522 | 457,014 |
| Current assets | 518.839 | 5,176 | 524,015 |
| Creditors due within one year | (42,892) | (42,892) | |
| Creditors due in more than one year | (180,027) | (180,027) | |
| Total | 733,412 | 24,698 | 758,110 |
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Net income for the year (as per Statement of Financial Activities) | 109,068 | 57,954 |
| Adjustments for: | ||
| Depreciation charges | 7,161 | 7,648 |
| Decrease in stocks | 732 | |
| Decrease/ (increase) in debtors | 4,222 | 100,394 |
| Increase/ (decrease) in creditors | 10,918 | 5,226 |
| Net cash provided by operating activities | 131,369 | 171,954 |
| 2021£ | 2020 £ |
|
|---|---|---|
| Cash in hand | 355,081 | 420,624 |
| Total cash and cash equivalents | 355,081 | 420,624 |