# 

## 



## 

|||Page|
|---|---|---|
|Reference and administrative|details ofthe charity, its Trustees and advisers||
|Trustees'<br>report||2-5|
|Independent<br>examiner's<br>report|||
|Statement offinancial activities|||
|Balance sheet||8-9|
|Statement ofcash flows||10|
|Notes to the financial statements||11-27|





|Trustees|||Mark<br>Nicolas<br>2022)|Harrod,|Harrod,||(Chair|until<br>10 September|2022) (resigned|10 September|
|---|---|---|---|---|---|---|---|---|---|---|
||||Liz Mccusker (resigned||||1 September 2021)||||
||||Richard Adrian|Snell,||(Chair from 10September 2022)|||||
||||Andrea<br>Marharete||Stemmer||||||
||||Bryony Edith Stevens||||||||
||||Alan Roger Tilley||(appointed|||22 May 2021)|||
||||Lynn Patricia Murphy|||(appointed<br>10September 2022)|||||
|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||||||||
||||EX13QS||||||||
|Bankers|||Barclays Bank|pic|||||||
||||39/40 Fleet Street||||||||
||||Torquay||||||||
||||TQ2 5DL||||||||
|Solicitors|||Brixlaw Ltd||||||||
||||3 Bolton Street||||||||
||||Brixham||||||||
||||TQ5 9DA||||||||





## 

## 

## 

## 

## 

## 

## 

## 



## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 




## 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2022<br>F|2022f|2022<br>F|2021|
|Income from:|||||||
|Donations,<br>legacies|and grants||23,138|22,951|46,089|410,926|
|Charitable<br>activities|||87,235|149,407|236,642|195,226|
|Other trading<br>activities|||69,987||69,987|34,882|
|Other income|||8,269||8,269|34,216|
|Total income|||188,629|172,358|360,987|675,250|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||205,068|207,329|412,397|379,427|
|Expenditure<br>on raising funds|||33,186||33,186|33,688|
|Total expenditure|||238,254|207,329|445,583|413,115|
|Net (expenditure)/income|||(49,625)|(34,971)|(84,596)|262,135|
|Transfers<br>between|funds|18|(13,728)|13,728|||
|Net movement<br>in funds before other|||||||
|recognised<br>gains|||(63,353)|(21,243)|(84,596)|262,135|
|Other recognised|gains:||||||
|Gains on revaluation|of fixed assets||272,972||272,972|250,000|
|Net movement<br>in funds|||209,619|(21,243)|188,376|512,135|
|Reconciliation<br>offunds:|||||||
|Total funds brought|forward||504,123|634699|1 138822|626,687|
|Net movement<br>in funds|||209,619|(21,243)|188,376|512,135|
|Total funds carried|forward||713,742|613,456|1,327,198|1,138,822|





||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||14||1,936,870||1,437,354|
||||||1,936,870||1,437,354|
|Current assets||||||||
|Debtors|||15|25,219||21,778||
|Cash at bank and|in hand|||89,706||423,667||
|||||114,925||445,445||
|Creditors: amounts|falling due within one|||||||
|year|||16|(48,748)||(28,041)||
|Net current assets|||||66,177||417,404|
|Total assets less|current liabilities||||2,003,047||1,854,758|
|Creditors: amounts|falling due after more|||||||
|than one year|||17||(675,849)||(715,936)|
|Net assets excluding||pension asset|||1,327,198||1,138,822|
|Total net assets|||||1,327,198||1,138,822|
|Charity funds||||||||
|Restricted<br>funds|||18||613,456||634,699|
|Unrestricted<br>funds|||18||713,742||504,123|
|Total funds|||||1,327,198||1,138,822|





## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||E||
|Cash flows from operating|activities|||||
|Net cash generated/(used)|in operating|activities||(87,540)|254,621|
|Cash flows from investing|activities|||||
|Purchase oftangible<br>fixed assets||||(230,027)|(28,717)|
|Net cash used<br>in investing|activities|||(230,027)|(28,717)|
|Cash flows from financing|activities|||||
|Cash inflows from new borrowing|||||150,000|
|Repayments<br>of borrowing||||(16,394)|(20,641)|
|Net cash (used in)/provided|by financing||activities|(16,394)|129,359|
|Change<br>in cash and cash|equivalents|in|the year|(333,961)|355,263|
|Cash and cash equivalents|at the beginning||ofthe year|423,667|68,404|
|Cash and cash equivalents|at the end|of|the year|89,706|423,667|
|The notes on pages 11to 27 form part ofthese financial statements||||||





## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022f|2022|2021<br>F|
|Donations|15,363|1,980|17,343|19,034|
|Grants|7,775|20,971|28,746|391,892|
||23,138|22,951|46,089|410,926|
|TOTAL 2021|202,662|208,264|410,926||



## 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2022|2022|2022f|2021<br>F|
|Service|charges|26,268|132,042|158,310|113,573|
|Property|income|60,967|17,365|78,332|81,653|
|||87,235|149,407|236,642|195,226|
|TOTAL|2021|84,430|110,796|195,226||



## 

|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022|2022|2021|
||F|E|
|330|330||





## 

## 

||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022<br>f.|2022f|2021|
|Shop income|66,857|66,857|29,517|
|Cafe takings|125|125|145|
|Room hire|2,675|2,675|5,220|
||69,657|69,657|34,882|
|TOTAL 2021|34,882|34,882||



## 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022<br>f|2022|2022<br>F|2021|
|Giff aid|||806||806|598|
|Other including|Covid support|funding|7,463||7,463|33,618|
||||8,269||8,269|34,216|
|TOTAL 2021|||8,493|25,723|34,216||





## 

## 

## 

## 

||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|Total|Total|
||||||2022|2022|2022|2021|
||||||||F|E|
|General|||||173,770||173,770|115,216|
|Youth|Music and Music Mayhem|||||25,344|25,344|12,250|
|Power|to Change|||||1,039|1,039|1,048|
|Staying||Put||||30,512|30,512|32,4?6|
|Tudor Trust||||||15,865|15,865|16,109|
|Access||Impact and Bounce Back||||12|12|44,456|
|Cavern||Mews||||7,342|7,342|6,666|
|Brixham||Youth Hub and Young Volunteers|||1,716|40,419|42,135|24,662|
|Empty|Homes and Home from Hospital||||29,323|13,040|42,363|26,412|
|Picking||up the Pieces and People's||Health|||||
|Trust||||||4,292|4,292|7,655|
|Reach,||Carers, Edgeworks|8 MHE||259|29,067|29,326||
|Jewson||||||40,397|40,397|92,477|
||||||205,068|207,329|412,397|379,427|
|TOTAL||2021|||109,965|269,462|379,427||
|Cost ofother trading<br>activities|||||||||
|||||||Unrestricted|Total|Total|
|||||||funds|funds|funds|
|||||||2022f|2022<br>F|2021|
|Shop 8||cafe - resources expended||||8,572|8,572|17,864|
|Shop -|wages and salaries|||||24,279|24,279|15,318|
|Shop-|Nl|||||62|62|243|
|Shop -|pension costs|||||273|273|263|
|||||||33,186|33,186|33,688|
|TOTAL|2021|||||33,688|33,688||





## 

||||||||||Activities||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||undertaken||Support|Total|Total|
||||||||||directly|costs|funds|funds|
||||||||||2022|2022f|2022|2021|
||General||||||||171,435|2,335|173„770|115,216|
||Youth Music||and Music Mayhem||||||25,344||25,344|12,250|
||Power to Change||||||||1,039||1,039|1,048|
||Staying|Put|||||||30,512||30,512|32,476|
||Tudor Trust||||||||15,865||15,865|16,109|
||Access|impact||and Bounce||Back|||12||12|44,456|
||Cavern|Mews|||||||7,342||7,342|6,666|
||Brixham|Youth Hub and Young Volunteers|||||||42,135||42,135|24,662|
||Empty Homes|||and Home|from Hospital||||42,363||42,363|26,412|
||Picking|up the||Pieces and People's|||Health||||||
||Trust||||||||4,292||4,292|7,655|
||Reach,|Carers||and Edgeworks|||||29,326||29,326||
||Jewson||||||||40,397||40,397|92,477|
||||||||||410,062|2,335|412,397|379,427|
||TOTAL|2021|||||||375,844|3,583|379,427||
|11.|Independent||examiner's||remuneration||||||||
||||||||||||2022|2021|
||Fees payable||to the charity's|||independent||examiner|for the independent||||
||examination|||ofthe charity's||annual|accounts||||3,900|3,540|
|12.|Staff costs||||||||||||
||||||||||||2022|2021|
|||||||||||||F|
||Wages|and salaries|||||||||198,274|193,520|
||Social security|||costs|||||||13,438|14,050|
||Contribution||to defined<br>contribution||||pension|schemes|||2,631|8,047|
||||||||||||214,343|215,617|





## 

||2022|2021|
|---|---|---|
||No.|No.|
|Employees|12|13|



## 

## 

||Land and|Motor|Fixtures and||
|---|---|---|---|---|
||buildings<br>f|vehicles<br>f|fittings|Total|
|COST OR VALUATION|||||
|At 1 April 2021|1,424,682|9,450|29,567|1,463,699|
|Additions|222,346||7,681|230,027|
|Revaluations|272,972|||272,972|
|At 31 March 2022|1,920,000|9,450|37,248|1,966,698|
|DEPRECIATION|||||
|At 1 April 2021||5,842|20,503|26,345|
|Charge for the year||902|2,581|3,483|
|At 31 March 2022||6,744|23,084|29,828|
|NET BOOK VALUE|||||
|At 31 March 2022|1,920,000|2,706|14,164|1,936,870|
|At 31 March 2021|1,424,682|3,608|9,064|1,437,354|





## 

## 

|||2022|2021|
|---|---|---|---|
||||E|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||8,566|2,763|
|Other debtors||717|465|
|Prepayments|and accrued income|15,936|18,550|
|||25,219|21,778|



## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|Loans||||41,669|17,976|
|Accruals|and|deferred|income|7,079|10,065|
|||||48,748|28,041|



## 

## 

|||2022|2021|
|---|---|---|---|
|Loans||675,849|715,936|
|Included<br>within the above are amounts|falling due as follows:|||
|||2022|2021|
|BETWEEN ONE AND TWO YEARS||||
|Other loans||608,874|50,304|
|BETWEEN TWO AND FIVE YEARS||||
|Loans||66,975|665,632|





## 

## 

|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||Transfers|Gains/|31 March|
||April 2021|Income|Expenditure|in/out|(Losses)|2022|
||||F||||
|UNRESTRICTE|||||||
|D FUNDS|||||||
|General<br>Fund|69,084|120,001|(173,770)|(22,260)||(6,945)|
|Cafe|7,019|155|(270)|||6,904|
|Edge Works|46,090||(259)|||45,831|
|Shop|23,381|67,045|(32,916)|||57,510|
|E Homes|20,791||(29,323)|8,532|||
|Carers|4,645|||||4,645|
|Young|||||||
|Volunteers|756|1,428|(1,716)|||468|
|Picking<br>up the|||||||
|Pieces|82,357|||||82,357|
|Revaluation|||||||
|reserve|250,000||||272,972|522,972|
||504,123|188,629|(238,254)|(13,728)|272,972|713,742|
|RESTRICTED|||||||
|FUNDS|||||||
|Music Mayhem|23,544||(23,544)||||
|Power to|||||||
|Change|479,305||(1,039)|||478,266|
|People's<br>Health|||||||
|Trust|14,654||(4,292)|||10,362|
|Reach Fund|4,428||(9,523)|5,095|||
|Jewsons/Homes|||||||
|England|18,699|14,865|(40,397)|6,833|||
|Staying<br>Put|424|44,299|(30,512)|||14,211|
|Tudor Trust|12,623|18,500|(15,865)|||15,258|
|Youth Music|||(1,800)|1,800|||
|Homefrom|||||||
|Hospital|17,541|23,000|(13,040)|||27,501|
|Bounce Back|1,163||(12)|||1,151|
|Cavern<br>Mews|43,334||(7,342)|||35,992|
|Access Impact|600|||||600|
|Brixham Youth|||||||
|Hub|18,384|39,723|(40,419)|||17,688|
|Recycling||4,971||||4,971|
|MHE||27,000|(19,544)|||7,456|
|||Page 21|||||





## 

|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||Transfers|Gains/|31 March|
||April 2021<br>F|Income<br>F|Expenditure|in/outf|(Losses)<br>F|2022<br>E|
||634,699|172,358|(207,329)|13,728||613,456|
|TOTAL OF|||||||
|FUNDS|1,138,822|360,987|(445,583)||272,972|1,327,198|





## 

## 

|||||||Balance|at|
|---|---|---|---|---|---|---|---|
||Balance at|||Transfers|Gains/|31 March||
||1 April 2020|Income|Expenditure|in/out|(Losses)|2021||
|||E|E||||E|
|UNRESTRICTED||||||||
|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||
|E Homes|25,257|4,777|(9,243)|||20,791||
|Carers|4,645|||||4,645||
|Young Volunteers|4|893|(141)|||756||
|Picking 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||||
|Homefrom||||||||
|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)|||||





## 

## 

## 

|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at|||Transfers|Gains/|31 March|
||1 April 2020|Income|Expenditure|in/out|(Losses)|2021|
||E|E||F||E|
|Coronavirus|||||||
|Business|||||||
|Interuption||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|





## 

## 

## 

## 



## 

## 

## 

## 

## 

|Analysis|of n|et assets between funds -current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
|Tangible|fixed|assets|1,476,199|460,671|1,936,870|
|Current|assets||(37,860)|152,785|114,925|
|Creditors|due|within one year|(48,748)||(48,748)|
|Creditors|due|in more than one year|(675,849)||(675,849)|
|TOTAL|||713,742|613,456|1,327,198|



## 

|Analysis|ofn|et assets between funds - prior y|ear|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||E||E|
|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|



## 



## 

## 

||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||Net<br>income/expenditure<br>for|the|year|(as|per|Statement|of|Financial|||
||Activities)||||||||(84,596)|262,135|
||ADJUSTMENTS FOR:||||||||||
||Depreciation<br>charges||||||||3,483|2,460|
||Increase<br>in debtors||||||||(3,441)|(17,440)|
||Increase/(decrease)<br>in creditors||||||||(2,986)|7,466|
||NET CASH PROVIDED BY/(USED||IN) OPERATING ACTIVITIES||||||(87,540)|254,621|
|21.|Analysis ofcash and cash equivalents||||||||||
||||||||||2022|2021|
||Cash<br>in hand||||||||89,706|423,667|
||TOTAL CASH AND CASH EQUIVALENTS||||||||89,706|423,667|
|22.|Analysis ofchanges<br>in net debt||||||||||



||||At 1 April||At 31 March|
|---|---|---|---|---|---|
||||2021|Cash flows|2022|
|Cash|at bank and|in hand|423,667|(333,961)|89,706|
|Debt|due within<br>1|year|(17,976)|(23,693)|(41,669)|
|Debt|due after 1 year||(715,936)|40,087|(675,849)|
||||(310,245)|(317,567)|(627,812)|



##