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||Page|
|---|---|
|Reference and Administrative<br>Details ofthe Charity, its Trustees and Advisers||
|Trustees'<br>Report|2-5|
|Independent<br>Examiner's<br>Report||
|Statement of Financial Activities||
|Balance Sheet|8-9|
|Statement ofCash Flows|10|
|Notes to the Financial Statements|11-28|





|Trustees||Mark Nicolas|Harrod,|Harrod,|Chair|||
|---|---|---|---|---|---|---|---|
|||Elizabeth<br>Bernadette|||Mccusker (resigned||1 September 2021)|
|||Richard Adrian|Snell|||||
|||Andrea<br>Marharete||Stemmer||||
|||Bryonv Edith Stavn~s||||||
|||Alan Roger Tilley||(appointed||22 May 2021)||
|Company|registered|||||||
|number||03648122||||||
|Charity registered||||||||
|number||1072028||||||
|Registered|office|The Edge||||||
|||Bolton Street||||||
|||Brixham||||||
|||Devon||||||
|||TQ5 9DH||||||
|Company secretary||Christine<br>Guy||||||
|Chief executive officer||Mark Nicholas|Harrod||(Chair)|||
|Independent|examiners|Bishop Fleming|LLP|||||
|||Chartered<br>Accountants||||||
|||2nd Floor Stratus||House||||
|||Emperor Way||||||
|||Exeter Business Park||||||
|||Exeter||||||
|||EX1 3QS||||||
|Bankers||Barclays Bank pic||||||
|||39/40 Fleet Street||||||
|||Torguay||||||
|||TQ2 5DL||||||
|Solicitors||Brixlaw Ltd||||||
|||3 Bolton Street||||||
|||Brixham||||||
|||TQ5 9DA||||||





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|E||E||
|Jerome from„|||||||
|Donations<br>and legacies|||202,662|208,264|410,926|144,595|
|Charitable<br>activities|||84,430|110,796|195,226|62,564|
|Other trading<br>activities|||34,882||34,882|66,976|
|Investments||||||394|
|Other income|||8,493|25,723|34,216|5,517|
|Total income|||330,467|344,783|675,250|280,046|
|Expenditure<br>on:|||||||
|Charitable<br>activities||9|109,965|269,462|379,427|304,926|
|Expenditure<br>on raising funds||10|33,688||33,688|67,755|
|Total expenditure|||143,653|269,462|413,115|372,681|
|Net income/(expenditure)|||186,814|75,321|262,135|(92,635)|
|Transfers<br>between|funds|19|(23,975)|23,975|||
|Net movement<br>in funds before other|||||||
|recognised<br>gains|||162,839|99,296|262,135|(92,635)|
|Other recognised gains:|||||||
|Gains on revaluation|offixed assets||250,000||250,000||
|Net movement<br>in funds|||412,839|99,296|512,135|(92,635)|
|Reconciliation<br>offunds:|||||||
|Total funds<br>brought|forward||91,284|535,403|626,687|719,322|
|Net movement<br>in funds|||412,839|99,296|512,135|(92,635)|
|Total funds carried|forward||504,123|634,699|1,138,822|626,687|





## 

||||Note||2021f||2020<br>F|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets|||15||1,437,354||1,161,097|
||||||1,437,354||1,161,097|
|Current assets||||||||
|Debtors|||16|21,778||4,338||
|Cash at bank and in||hand||423,667||68,404||
|||||445,445||72,742||
|Creditors: amounts|falling due within one|||||||
|year|||17|(28,041)||(2,599)||
|Net current assets|||||417,404||70,143|
|Total assets less current liabilities|||||1,854,758||1,231,240|
|Creditors: amounts|falling due after more|||||||
|than one year|||18||(715,936)||(604,553)|
|Net assets excluding||pension asset|||1,138,822||626,687|
|Total net assets|||||1,138,822||626,687|
|Charity funds||||||||
|Restricted<br>funds|||19||634,699||535,403|
|Unrestricted<br>funds|||19||504,123||91,284|
|Total funds|||||1,138,822||626,687|





## 



## 

||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||E|
|Cash flows from operating||activities|||||
|Net cash generated/(used)||in operating|activities||254,621|(83,075)|
|Cash flows from investing||activities|||||
|Purchase oftangible<br>fixed assets|||||(28,717)|(145)|
|Net cash used in investing||activities|||(28,717)|(145)|
|Cash flows from financing||activities|||||
|Cash inflows<br>from new borrowing|||||150,000||
|Repayments<br>of borrowing|||||(20,641)||
|Net cash provided<br>by financing<br>activities|||||129,359||
|Change<br>in cash and cash|equivalents||in|the year|355,263|(83,220)|
|Cash and cash equivalents|at the beginning|||ofthe year|68,404|151,624|
|Cash and cash equivalents||at the end|of|the year|423,667|68,404|





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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||ence<br>4 V||A+A<br>SU2 I|c.vkv|
|Donations|18,604|430|19,034|53,952|
|Grants|184,058|207,834|391,892|90,643|
||202,662|208,264|410,926|144,595|
|TOTAL 2020|35,457|109,138|144,595||



## 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||||||E|
|Service|charges|16,643|96,930|113,573||
|Property|income|67,787|13,866|81,653|62,564|
|||84,430|110,796|195,226|62,564|
|TOTAL|2020|44,734|17,830|62,564||



## 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020f|
|Fundraising|events||||708|
|TOTAL 2020||528|180|708||





## 

## 

||I I<br>4-'-J.<br>'v"i ~i~w aiisis 4|—,i<br>Iotal|Tua'ai|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
|Shop income|29,517|29,517|50,195|
|Cafe takings|145|145|3,596|
|Room hire|5,220|5,220|12,477|
||34,882|34,882|66,268|
|TOTAL 2020|66,268|66,268||



||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021f|2021|2020|
|Bank interest|||394|
|TOTAL 2020|394|394||



## 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||||||F|
|Consultancy||||||4,115|
|Gift aid|||598||598|1,402|
|Other including|Covid support|funding|7,895|25,723|33,618||
||||8,493|25,723|34,216|5,517|
|TOTAL 2020|||3,229|2,288|5,517||





## 

## 

||||v|~ \vela|4vCT||Total|I V(al|
|---|---|---|---|---|---|---|---|---|
|||||funds||funds|funds|funds|
||||||2021|2021|2021|2020|
||||||F|E|||
|General||||96,202||19,014|115,216|151,671|
|Youth Music and Music Mayhem||||||12,250|12,250|14,899|
|Power to Change||||||1,048|1,048|3,222|
|Staying|Put|||||32,476|32,476|11,777|
|Tudor Trust||||||16,109|16,109|10,468|
|Access|Impact and Bounce Back|||||44,456|44,456||
|Cavern|Mews|||||6,666|6,666||
|Brixham|Youth Hub and Young Volunteers||||141|24,521|24,662|27|
|Empty Homes and Home from Hospital||||9,243||17,169|26,412|35,842|
|Picking|up the Pieces and People's|Health|||||||
|Trust||||4,379||3,276|7,655|13,772|
|Reach,|Carers and Edgeworks|||||||17,411|
|Jewson||||||92,477|92,477|45,837|
|||||109,965||269,462|379,427|304,926|
|TOTAL|2020|||196,805||108,121|304,926||



## 

||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
||E|E||
|Shop - resources expended|17,864|17,864|44,165|
|Shop - wages and salaries|15,318|15,318|23,052|
|Shop - Nl|243|243||
|Shop - pension costs|263|263|538|
||33,688|33,688|67,755|
|TOTAL 2020|67,755|67,755||





## 

|||||||||Activities|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||undertaken<br>~@I<br>VUWJt<br>Support<br>\ill@' W||||Total<br>jullos|Total<br>fUrlds|
|||||||||2021|2021||2021|2020|
|||||||||E|||E|E|
||General|||||||111,633|3,583||115,216|151,671|
||Youth Music|and Music Mayhem||||||12,250|||12,250|14,899|
||Power to Change|||||||1,048|||1,048|3,222|
||Staying<br>Put|||||||32,476|||32,476|11,777|
||Tudor Trust|||||||16,109|||16,109|10,468|
||Access Impact and Bounce Back|||||||44,456|||44,456||
||Cavern<br>Mews|||||||6,666|||6,666||
||Brixham Youth Hub and Young Volunteers|||||||24,662|||24,662|27|
||Empty Homes||and Home||from Hospital|||26,412|||26,412|35,842|
||Picking up the||Pieces and People's|||Health|||||||
||Trust|||||||7,655|||7,655|13,772|
||Reach, Carers||and Edgeworks|||||||||17,411|
||Jewson|||||||92,477|||92,477|45,837|
|||||||||375,844|3,583|379,427||304,926|
||TOTAL 2020|||||||304,926||304,926|||
|12.|Independent|examiner's|||remuneration||||||||
|||||||||||||2021f|
||Fees payable|to the charity's<br>independent|||||examiner|for the independent|examination||of||
||the charity's|annual||accounts||||||||3,540|
|13.|Staff costs||||||||||||
||||||||||||2021f|2020<br>E|
||Wages and salaries|||||||||193,520||170,699|
||Social security||costs|||||||14,050|||
||Contribution<br>to||defined|contribution||pension|schemes||||8,047|6,034|
|||||||||||215,617||176,733|





## 

||2021|2020|
|---|---|---|
||No.|No.|
|Employees|13||



## 

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||Land and|Motor|Fixtures and||
|---|---|---|---|---|
||buildings|vehicles|fittings|Total|
|||||E|
|COST OR VALUATION|||||
|At 1 April 2020|1,150,000|9,450|25,532|1,184,982|
|Additions|24,682||4,035|28,717|
|Revaluations|250,000|||250,000|
|At 31 March 2021|1,424,682|9,450|29,567|1,463,699|
|DEPRECIATION|||||
|At 1 April 2020||4,639|19,246|23,885|
|Charge for the year||1,203|1,257|2,460|
|At 31 March 2021||5,842|20,503|26,345|
|NET BOOK VALUE|||||
|At 31 March 2021|1,424,682|3,608|9,064|1,437,354|
|At 31 March 2020|1,150,000|4,811|6,286|1,161,097|





## 

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|||2021|2020|
|---|---|---|---|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||2,763|1,857|
|Other debtors||465|1,402|
|Prepayments|and accrued income|18„550|1,079|
|||21,778|4,338|



## 

|||||2021|2020|
|---|---|---|---|---|---|
|Loans||||17,976||
|Accruals|and|deferred|income|10,065|2,599|
|||||28,041|2,599|





## 

|||2021|2020|
|---|---|---|---|
|||'%1 C tlat<br>~U y4vv||
|Included<br>within the above are amounts|falling due as follows:|||
|||2021f|2020<br>E|
|BETWEEN ONE AND TWO YEARS||||
|Other loans||50,304||
|BETWEEN TWO AND FIVE YEARS||||
|Loans||665,632|604,553|
|OVER FIVEYEARS||||





## 

## 

|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||V t ItlCllcl I|
||April 2020f|Income<br>f|Expenditure<br>f|in/outf|(Losses)f|2021f|
|UNREST'D|||||||
|FUNDS|||||||
|General|(19,138)|208,399|(96,202)|(23,975)||69,084|
|Cafe|6,932|145|(58)|||7,019|
|Edge Works|46,090|||||46,090|
|Shop|27,494|29,517|(33,630)|||23,381|
|EHomes|25,257|4,777|(9,243)|||20,791|
|Carers|4,645|||||4,645|
|Young|||||||
|Volunteers||893|(141)|||756|
|Picking<br>up the|||||||
|Piece||86,736|(4,379)|||82,357|
|Property|||||||
|revaluation|||||250,000|250,000|
||91,284|330,467|(143,653)|(23,975)|250,000|504,123|
|RESTRICTED|||||||
|FUNDS|||||||
|Music Mayhem|23,044|500||||23,544|
|Power to|||||||
|Change|480,137|216|(1,048)|||479,305|
|Peoples Health|||||||
|Trust|4,931|12,999|(3,276)|||14,654|
|Reach Fund|4,428|||||4,428|
|Jewsons/Homes|||||||
|England|26,007|85,169|(92,477)|||18,699|
|Staying<br>Put|1,865|31,035|(32,476)|||424|
|Tudor Trust|9,716|19,016|(16,109)|||12,623|
|Youth Music|(14,725)|3,000|(12,250)|23,975|||
|Home from|||||||
|Hospital||34,710|(17,169)|||17,541|
|Bounce Back||40,819|(39,656)|||1,163|
|Cavern<br>Mews||50,000|(6,666)|||43,334|
|Access Impact||5,400|(4,800)|||600|
|Brixham Youth|||||||
|Hub||42,905|(24,521)|||18,384|
|CJRS||6,264|(6,264)||||





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||||||||Balance at|
|---|---|---|---|---|---|---|---|
||Bala&c~ at 4|||||g<br>CI~ ~I&I|91 ftlarcll|
||April 2020f|Income<br>f|Expenditure|f|in/outf|(Losses)f|2021|
|Coronavirus||||||||
|Business||||||||
|Interruption||12,750|(12,750)|||||
||535,403|344,783|(269,462)||23,975||634,699|
|TOTAL OF||||||||
|FUNDS|626,687|675,250|(413,115)|||250,000|1,138,822|





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||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Qolonr<br>r,|||-C<br>\ I Ml IVI&I|D|~ 4<br>.<br>I<br>IVlal I I I|
|||1 April 2019|Income|Expenditure|in/out||2020|
|||E|F|||F|F|
|UNRESTRICTED FUNDS||||||||
|General||83,839|65,902|(154,956)|(13,923)||(19,138)|
|Cafe||4,735|3,581|(1,415)|31||6,932|
|Edge Works||50,000||(3,910)|||46,090|
|Shop||39,748|50,985|(63,056)|(183)||27,494|
|E Homes||30,987|30,111|(35,841)|||25,257|
|Carers||||(5,355)|10,000||4,645|
|Young Volunteers|||31|(27)|||4|
|||209,309|150,610|(264,560)|(4,075)||91,284|
|RESTRICTED FUNDS||||||||
|Music Mayhem||22,792|426|(174)|||23,044|
|Power to Change||464,154|17,830|(3,222)|1,375||480,137|
|Peoples Health Trust||10,493|8,211|(13,773)|||4,931|
|Reach Fund||12,574||(8,146)|||4,428|
|Jewsons/Homes|England||71,843|(45,836)|||26,007|
|Staying Put|||10,942|(11,777)|2,700||1,865|
|Tudor Trust|||20,184|(10,468)|||9,716|
|Youth Music||||(14,725)|||(14,725)|
|||510,013|129,436|(108,121)|4,075||535,403|
|TOTAL OF FUNDS||719,322|129,436|(372,681)|||626,687|





## 

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|Analysis|ofnet as|sets betw|een|funds|- cur|rent|year|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted||Restricted|Total|
|||||||||||fu ~4&|juiIII's|
||||||||||2021|2021|2021|
||||||||||f.||F|
|Tangible|fixed assets||||||||973,200|464,154|1,437,354|
|Current|assets||||||||274,900|170,545|445,445|
|Creditors|due within|one year|||||||(28,041)||(28,041)|
|Creditors|due in more than one year||||||||(715,936)||(715,936)|
|TOTAL|||||||||504,123|634,699|1,138,822|
|Analysis|ofnet assets between|||funds|- prior year|||||||
|||||||||Unrestricted||Restricted|Total|
||||||||||funds|funds|funds|
||||||||||2020<br>E|2020f|2020<br>E|
|Tangible|fixed assets||||||||625,694|535,403|1,161,097|
|Current assets|||||||||72,742||72,742|
|Creditors|due within|one year|||||||(2,599)||(2,599)|
|Creditors|due in more than one year||||||||(604,553)||(604,553)|
|TOTAL|||||||||91,284|535,403|626,687|
|Reconciliation<br>ofnet movement||||in funds to||net|cash flow|from|operating|activities||
|||||||||||2021|2020|
|Net<br>income/expenditure<br>for|||the|year|(as|per|Statement|of|Financial|||
|Activities)||||||||||262,135|(92,635)|
|ADJUSTMENTS FOR:||||||||||||
|Depreciation<br>charges||||||||||2,460|3,176|
|Decrease/(increase)||in debtors||||||||(17,440)|23,277|
|Increase/(decrease)||in creditors||||||||7,466|(16,893)|
|NET CASH PROVIDED BY/(USED||||IN) OPERATING ACTIVITIES||||||254,621|(83,075)|



## 



|||||||2021f|2020<br>F|
|---|---|---|---|---|---|---|---|
|Cash|in|hand||||423,667|68,404|
|TOTAL||CASH|AND|CASH|EQUIVALENTS|423,667|68,404|



## 

|||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|
|||||2020|Cash flows|2021|
|||||f|||
|Cash|at bank and||in hand|68,404|355,263|423,667|
|Debt|due within|1|year||(17,976)|(17,976)|
|Debt|due after 1|year||(604,553)|(111,383)|(715,936)|
|||||(536,149)|225,904|(310,245)|



##