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|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|
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|||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||||||
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||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|
##
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||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|
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||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|||
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|Leasehold Property|- period of lease and 7% straight fine|
|---|---|
|Fixtures and fittings|- 25% p.a. reducing balance|
|Office equipment|- 25% p.a. reducing balance|
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||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||
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||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||
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||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||
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||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||
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||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|
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||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|
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|||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|
##
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|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|
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|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|
##
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||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|
##
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##
||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|
##
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||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|
##
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||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|
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