ANNUAL
REPORT
2020 . 2021
URBAN
fA
"r.,-ry￿ Helping everyone to make a difference
CENTRE Ser¥kes

## **Introduction** 

Urban Challenge Ltd is a Registered Charity and Company Limited by Guarantee, working across West Lincolnshire. We deliver services through our local area offices known as Voluntary Centre Services. These offices are located directly within the local authority districts of Lincoln City, North Kesteven and West Lindsey. 

## **Our Aims** 

1. To increase capacity, capability and resilience of community and voluntary organisations 

2. To increase collaboration, sharing of skills, knowledge and resources 

3. To develop and enhance volunteering 

4. To support people to engage in community activities and access local services 

## **Our Values** 

**Our vision** is of a strong and pro-active community and voluntary sector improving the lives of people in Lincolnshire 

**Our mission** is to enable the development of stable, thriving communities with the capacity to plan and manage lasting improvements to their quality of life 

**Empowerment -** We see the potential of individuals and communities, and support their development 

**Quality -** We are committed to delivering high quality services and being recognised for the skills of our team 

**Integrity -** We demonstrate honesty, respect for others and trustworthiness in all we do 

**Inclusivity** - We believe everyone has a valuable contribution to make, and we encourage participation 




## **Chair's Report** 

This year has been like no other and has presented a unique set of challenges for our organisation and the wider sector, as we continue to navigate the restrictions and impact of the Covid-19 pandemic. 

**Volunteering** has been at the forefront of the Covid-19 recovery and our Volunteer Centres have been fundamental in supporting people to get involved in helping their local communities. We are proud to have been involved in recruiting over 1,000 volunteers in a variety of roles from the initial emergency response to the current vaccination programme and ongoing testing provision across Lincolnshire. The crisis continues to demonstrate the importance of volunteering and the community spirit that exists within our communities. 

With the pandemic severely impacting local groups, charities and organisations in different ways, we have adapted our support and secured additional funding and resources to enable us to help local groups and organisations navigate the ongoing challenges and support the recovery of the community and voluntary sector as lockdown measures continue to fluctuate. 

**Our Social Prescribing service** has been an integral part of supporting vulnerable individuals throughout the pandemic, offering advice, support and helping to co-ordinate help with shopping, prescriptions and essential supplies. The Social Prescribing Link Workers supported almost 2,000 people during 2020-21 and continue to be a key component of Primary Care Networks (PCNs), Integrated Placed Based Teams (IPBT) and the Neighbourhood Working programme in Lincolnshire. 

**The Greater Lincolnshire MOVE** project moved into its fifth year, continuing to support people furthest from the labour market to progress towards learning, training and employment. The project has achieved some excellent results and outcomes for participants, and is recognised as a model of good practice in delivering ESF funded provision through a network of local community and voluntary providers. 

## **Statement of Financial Activities and Balance Sheet for the year ending 31st March 2021** 


The **YES Project (Youth and Employer Support)** continued in Gainsborough, supporting young people to overcome some very complex barriers and move towards employment, training, apprenticeships and volunteering. 

The end of the year saw us embark upon a journey to support the NHS with delivery of the **Covid-19 vaccination programme** . This has involved recruiting a team of around 20 FTE staff members to carryout non-clinical roles at the mass vaccination sites. 

The pandemic continues to affect our communities, and it’s therefore more important than ever that we are able to continue to support our clients and everyone’s safety and wellbeing continues to be our main priority. 

Working in partnership will continue to be crucial in supporting the community and voluntary sector to recover from the impact of the Covid19 pandemic and we are committed to working in partnership with statutory and voluntary partners through Involving Lincs and Voluntary Engagement Team (VET). 

The Board wishes to place on record the remarkable support given by employees and volunteers during these unprecedented times; their dedication and commitment is an example of the remarkable team that exists to further the aims of our organisation. 

## N I Jackson 



## **Our achievements during 2020 - 2021** 

## **Volunteering** 

- **792** volunteers supported 

- **Over 300** volunteer host organisations supported 

- **350+** volunteer opportunities promoted 

- **148** volunteers accessing online training 

- **£836,352** – overall value of volunteering in West Lincolnshire 

## **Community and Voluntary Sector Development** 


- **Over 400** organisations supported with capacity building, governance, coaching and funding advice. 

- **11** voluntary sector forums facilitated with **162** forum attendees 

- **12** Funding Ready workshops delivered with **34** groups supported to become funding ready 

- Over £500,000 funding levered in to West Lincolnshire 

## **Greater Lincolnshire MOVE Project** 

- **114** people supported through the project 

- **26** people supported into employment 


- **58** people reported increased overall confidence as a result of engaging in the project 

- **37** people have improved ability to self-manage health and wellbeing, as a result of engaging in the 

- project 

- **49** people increased their participation social activities as a result of engaging in the project 

## **Youth & Employer Support (YES) Project** 

- **75** young people supported throughout the programme 

- **74** young people supported into employment, education, learning, volunteering or lifestyle support 

## **Social Prescribing** 


- **1918** people supported through the service 

- **81%** spend more time in their community 

- **52%** have more people that they can talk to 

- **37%** are visiting more groups and activities 

- **Over 400** groups and organisations within the Social Prescribing referral network 


- Supported local groups and providers to access over **£100k** of funding 

- The service generates **£8.07** of social value for every **£1** invested 


Voluntary Centre Services City Hall, Beaumont Fee Lincoln LN1 1DF 01522 551683    info@voluntarycentreservices.org.uk www.voluntarycentreservices.org.uk 








URBAN CHALLENGE LIMITED
Company Lyurnber: 03438413
Chi)rity Nujnber: 1072949
Financial Accounts for the
yeAr ended 3J" March 2021
Saul Flllrholm I.imiied
Chartered Accountants
12 Tentereroft Street
Lincoln
LN5 7DB
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
FinAllcial Accounts for the vear ended 31" March 2021
CONTENTS
Company Infomlation
Chaimian's Report
Report of the Trustees
9-11.
Independent Auditors, Report
12.
Statem¢nt of Financial Activities
13.
Summary Income and Expenditure Account
14.
Balance Sheet
15-24.
Notes to the Accounts
25-27.
Other Management Infom)ation
SAUL
FAIAYOLM

URBAN CHALLENGE LIMITED
Fillancial Accounts for the
ear ended 31" Mareh 2021
COMPANY IN'FORMATIOPI
DIRECTORS AND TRUSTEES:
Mr N l Ja¢kson (Chaimian)
Mr l E Exlance
Rev L Whitfield
Ms R Kii'k
Mr G White
MrB Uduji
Mr P Drury
SECRETARY:
Mr B Rolleti
REGISTERED OFFICE:
City Hall
Beaumont Fee
Lincoln
LNI IDJ
AUDITORS:
Saul Fairholm Limited
Chartered Accountants
12 TenterLroft Street
Lineoln
LN5 7DB
SOLICITORS:
Chattertons
St Swithin's Court
l Flavian Road
Neiilcham Road
Lincoln
LN2 4GR
BANKERS:
Co-operative Bank PIC
PO Box 101
l Balloon Sireet
Manchester
M60 4EP
COMPANY NUMBER:
03438413
REGISTERED CHARITY NUMBER:
1072949
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
Chairman's Re
ort for the
ear ended 31" March 2021
This year has been like no other and has presentcd a unique sel of challenges for oiir organisation and
the wider sector, as we continue to navigate thc rcslrictions and impa¢t ot'the Covid-19 pandemic.
Voliinteeritig has been at the forefront of the Covid_19 rccovery and our Volunt¢er Centres h&vc been
fundamenlal in supporting people to gct involv¢d in helping their local commiinities. We are proud to
h&ve been involved in recruiting ovcr 1,000 volunteers in a variety of roles from the initial emergency
response to the current vaccination programme and ongoing testing provision across Lincolnshire. The
crisis continues to demonstrate the importance of voluntecring and the Community spirit that exists
within our communities.
With the pandeniic scvcrely impacting local groups, charities and oiganisations in ditTer¢nl ways, we
have adapted our support and sccured additional fimding and resources lo enable us to help local
group5 and organisations navigate the onguing challenges and support the recovcry of the community
and voluntary sector as lockdown measures eontinue to fluctllate.
Our Social Prescribing service has been an integral part of supporting vulnerable individuals
througyhout the pandemic, offcring advice, support and helping to co-ordinate help with shopping,
prcseriptions and essential supplies. Th¢ Social Pre8LribinTr Link Workers supported almost 2,000
people during 2020_21 and continue lo be a key component of Primary Care Networks (PCNS),
Inte.oratcd Placed Based Teams (IPBT} and Ihc Neighbourhood Working programme in Lincolnshire.
The Greater Lincolnshire MOVE projcct moved into its fifth year, continuing to support people
furthest from the labour market to progress towards learning, training and employm¢nt. The project
has achieved some ex¢ellent resiilts and oiitcomes for parti¢ipants. and is recognised as a model of
good practice in delivering ESF funded provision throu￿ a network of local community and voluntary
providers.
The YES Project (youth and employer support) Continued in Gainqborough, supportiiig young people
to overcome some very complex rollriers and move towards employTnent. training, apprenliLeships
and volunteering.
The end of the year saw us embark upon a journey to support the NHS with delivery of the Covid-19
vaccination programme. This has involved rceruiting a team of around 20 FfE staff members to
carryout non-clinical roles at the mass vaccination sites.
The pandemic continues to affeet our commullities, and it's therefore more important than ever rhat we
are able to continue to support our clients and everyone's safety and wellbeing Continues to be our
main priority.
Working itt partnership will ¢onlinue to be ctucial in supporting the community and voluntary sector
to reLover from the impact of the Covid-19 pandemi¢ and we are ¢ommitted to workiiig in partnership
with statutory and voluntary partners t￿ou￿ Involving Lincs and Voluntary Ei)gagcment Team
(VET).
The Board wishes to place on record the remarkable support given by employees and volunteers
during thesc unprecedeiired times; their dedication and commitment is an example of the remarkable
ieam that exibts to furthei the aims of our organisalion.
N l Jackson-
aimian
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the
ear cnded 31" March 2021
The Trustees, who are also the Dire¢tors for the piirpose of ¢ompany law, present their annual rcport
on the affairs of the Company, together with thc Accounts and Auditor's Report for the abovc year.
OJIJECTIVES AND ACTIVITIES
The aims of the Cornpatiy are..
i)
To develop the capacity and skills of thc socially and economically deprived
comrnunitics in Lincolnshire. tnaking them better able to identify and meet theii own
necds and so participate more fully in society.
2)
To engage in social regeneration activities to improve the quality of life for people
living in Lincolftshire through..
Capacity building
equipping people with the skills and knowledge to
take an active role in regeneration issues and enhance their own pcrsonal
development
Community economic developtnent
helping individuals and groups
support their communtty through developing sustainable enierprises
3)
To promofr and facilitale participation in volunteering and social action.
4)
To promote any charitable purposes foi the benefit of the ¢ommunity including the
relief of poverty, advancement of education and such other purposes as the trustees
shall think tit.
Our mission is lo enable the development of stable, thriving communities with the capacity to plan
and manage lasting improvements to their quality of life
Our vision is of a strong and pro-active community and voluntary sector improving the lives of people
in Lincolnshire
The Company obtained charitable status on 14th December 1998 and is a Company Liinited by
Gudiantee, governed by its Memorandum and Articlcs ot. AssvLiation. On 20, June 2005 the
governing document w&s atnended lo expand the charitable Area of Benefit to Lincolnshire (it was
previously focussed on the City of Lincoln).
Publie Benefit Statement
The Company aims are translated into two corc themes-
l. Development of the Community and Voluntary Se£¢or:
Influence: W¢ support local voluntary orgdnisations and community groups to intluence
policies, plans and practice8 that have an irnpact on their organisations and beT)eficiaries.
Development: We support the identification of needs in the local community and facilitate
innovation and iinprovemenls in se￿ICe provision to meet those needs.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the ve¥r ended 31, March 2021
0￿ECTIVEs AND ACTIVITIES {CONT'D)
Support.. We equip voliintary organisations and community groups wirh the tools and
inforniation they nccd to help them make a differencc in the communities they work in. We
provide training and support on a wide range of toptcs lo empower the voluniary and
community sector to becomc more resiliellt.
Collabora¢ion.' We facilitate eff¢¢livc communication and collaboration amongst local
voluntary organtsations and community groups and bctween different se¢tors.
2. Development of Volunteering
Voice of Volunteering: We deliver positiv¢ messages about the b¢nefils and diverse nature of
volunteering and support local organisations to market their opportunities to the widest
possible audicnce.
Volunteer Brokerage: We provide a Matrix accredited interview and matching service,
supporting volunteers. host organisations and communities to get the most out of volunteering
opportunities.
Strategie Development of Volunteering: We prioritise the steps necded to address issues
which have the greatest impa¢t and relevance on volunteering locally.
Good Practice Development: We provide quality volunteer management learning provision
to volunte¢r involving organisations.
Developing Volunteering Opportunities: W¢ work in close partnership with local volunteer
involving organisalions, to understand the potential for, and lo dcvelop volunteering within the
community.
Activity & a¢hievements:
During 2020-21 wc supported over 400 Lommunity and voluntary gioups in West Lincolnshire
through capacity building advic¢ and support, helping local gtOUPS to securc over £500,(K)O of
funding.
We supported 792 volunteers lo access volunlcering opportunities wiihin Lincolnshire.
We calculate the value of volunteering in West Lincolnshire through our Volunleer Centres to be
£836,352.
We supported aroiind l.O(X) groups and organisaiions through the dissemination of inforniation on
¢vents, resourLes and opportunities to develop the community and voluntary se¢lor.
We dclivered 12 Funding Ready workshops and supported 34 groups to become funding ready.
SAUL
FAIRHOLM

URBAN CHALLEIIGE LIMITED
ort of the Trustees for the
ear ended 31 March 2021
OBJECTIVES AND ACTIVITIES {COFa'D)
We continiied delivery OF the Greater Lincolnshire MOVE (Moving on. volunteering and
¢mployabilityl Project which supportcd 185 people overall with 52 securing cmploymcnl. The ESF
and Bi(r Lottery funded project brillgs together a wide range of IoLal cominunity and voluntary sector
Partners to support people furthest from the labour markct to progress into Itaining, volunteering,
learning and employment.
Through the YES Project our Youth Engagement Lead supported 74 young people that hadn't been in
employment, education 01 training ihrough a holistic one to one support package to overcome their
challenges and progress into voluntecring and praciical programmes developing skills as well as more
fornial training, apprenticeships. and employment.
Our Social Prescribing Service, supportcd over 1.500 people with social, emotional or practical needs
to access a TarLge of local, non-clinical services and support, when a medical intervention of just
treating clinical origins is not getting to the root of an individual's problem.
Covid_19 Vaccination Programme - As Voluntecr Cenlres we have taken the lead in supporting GP
Practices and Primary Carc Networks {PCNsl with recruiting voliinteers for th¢ various hubs and
vaccinalionb Sltes that are developing to deliver the Covid-19 vaccinations. We have also helped
recruiting in a team of around 20 FTE staff tnembers lo caryout non-clini¢al roles at the mass
vaccination sites.
FINANCIAL REVIEW
The nel movement in funds of the Company for the y¢ar was a surplus of £93,21.1 {2020.. Surplus
£79,376}, of which a surplus of £46,837 (2020.. SuTplus of £29.893) relalcd to unrestricted reserves
and a surplus of £46,374 12020.. Surylus of £49.483) related to restrietcd reserves. The unrestricted
surplus arises in part due to £31,23512020.. £14,735) contribution to iiidirect overheads from restricted
funding sources in line with the related funding Agreements which has been allocated to unrestricted
res¢rves as a transfer beiween funds.
RESERVES POI.ICY
The Trustees regularly review the reserves of the Charity. This review encompasses the nature of the
income and expenditure streams and the need to maintain adequate working capital for all Core costs
and liabilities. The Trustees have established a policy whereby the unrestricted funds hel£1 by the
Charity should ineliide between thr¢c and six tnonths core costs, which Lurrcntly equatcs to £ lUO,000
to £150,000. During the last two years the Charity has planlled to increase iinrestricted reserves by in
excess of £20,000 per annum in ihe Cu￿ent year and in the next year to restore unrestricted reserves to
their target buffer amouiit.
INVESTMEiYf POLICY
There are no restrictions on the Company's power to invest. The investn]ent strategy is sel by the
Trustees, regularly reviewed and lakes account of recent demands for funds. The Trustees consider
incom¢ rcquirements and riqk pr()files in fomulating this strateg'y.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Tru$¢ees for the
ear ended 31" March 2021
STRUCI'URE GOVERNANCE AND MANAGEMENT
The organisalion's services are delivcred in threc local authority districts, and have becn organised and
termed to rctlect local circumstances. Seivices arc thcrcforc delivered locally as Voluntary Centre
Services. The VCS brand stands for Voluntary C¢ntre Services and is the iimbrella brand under which
the Volunteer Centre licencc and logos appear.
The affairs of the organisation are tnanaged by the Board of Directors. Appointments to the Board are
detem)ined by the coinpany membeiship at thc Annual General Meeting. The Board deliver in line
with Trustee and management Committee National Occupational Stsndards..
Sateguard and promote the valucs and mission oltlie organisation
Dctermine the strategy and structure of the organisation
Ensure Ihc organisation opeialcs in an effective, responsible and accountable manner
Ensure the eff¢ctive lunclioning of the organisation's board
The DircClorslTn￿teeS meet at least quarterly to administer thc Company, making decisions jointly.
The day to day management of the Charity is dclegated to Ben Rollett. the Chief Executive and
Secretary. The manag¢mellt of the area otTices is undertaken by the Area Co-ordinators. The staff
team is supported by a te&Tn of around 25 volunteers.
The Charity is committed to delivering services which are.. responsive to local circumstances;
developed in response to consulialion with beneficiaries and stakeholders- well planned and managed,.
can be effeLtively monitored and evaluated. Quality standard frameworks. assessmenis and awardg are
tool8 that we usc to track and demonstrate tlii5 commitment.
There are currently 3 quality assurance standards that we opcrate to..
Voluntcer Cenlre Qi￿litY Awards {VCQA}
NA VCA Quality A wards
Malrix Quality Award
TRUSTEES RESPONSIBILITIES
The Trustees ar¢ responsible for preparing the Annual Report &iid the financial statements in
accordance with applicable law and regulations.
Law applicable lo Charitable Companies in England and Wales requircs the Trustees to prepare
accounts for each financial year. Under that law the Trustees have elected to prcpare the finanLial
statements in accordance with United Kingdom Generally Accepied Accounting Practice (United
Kingdom Standards and appli¢able law)- The fii)ancial statements arc required by law to give a tNe
and fair view of the slate of affair8 of the Charitable Company dnd of the fin￿]CIal aclivities of the
Charitable Company for that period. In preparing those ae¢ounts the Trustees are required to..
select suitable accountiiig policies and then apply them ¢onsistently'
make judgements and cstimates that are reasonable and prudent,.
follow applicable accounting standardq and statetnenls of recommended practice, subject to
any material departurcs discloscd and explaincd in ihe accounts.
pr¢par¢ the accounts on Ihc going ¢onecm basis unless it is inappropriate lo presume that
the Charitable Company will continue in business.
SAUL
FAIRHOLM

URBAN CHALLEPIGE LIMITED
ort of the Trustees for the
ear ended 31" March 2021 (Cont'd)
TRUSTEES RESPONSIBILITIES (CONT'D)
The Tnist¢es are r¢sponsible for kecping adequate accoiinting records which dis¢losc with reasonable
accuracy at any time th¢ financial position of th¢ Charitable Company and to enable Ihcm to ensure
that the accounts comply with the Trust De¢d, Charities Regul&tions and the Companies Act 2006.
They are also responsible for safeguarding the assets ol the Charitsble Company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregulaLlties.
In so far as the trustees are aware..
there Ts no relcvant aiidit inforniation of which the Charitable Company's auditors are
unaware. and
the ttustees have lakcn all steps tbat they ought to have taken to make theniselves aware of
any relevant audit information and to establigh that the auditors are aware ot that infonnation.
RISK REVIEW
The Trustees regularly review the major risks to which the Charity 15 exposed and systems have been
established to mitigate those risks. Projects are generally for a 1-3 year period and during this time the
key focus is on securing sustainable fllnding for the duration of the project. A corc staff t¢am are
rettsined with a(klilional support staff appointed to deliver specific proj￿15 in line and foi the duration
of funding for those projects. Extcrnal risks lo funding have led to the development of an action plan
to allow for the th'veEsification of tundino and activities. Internal iisks are minimised by the
implementation of pro¢edures for authorisation of all transactions and to ensure consistent quality of
delivery for all operational aspects of the charitable company. These procedures are periodically
reviewed to ensure that they still meet the needs of the Charity.
EVENTS AFTER THE RF.PORTING PERIOD
2020 has seen maiiy challenges tor the Charity, as like many other charities and businesses, we havc
had to adapt our ways of working to eniure the welfare and safety of all statT, voluntec15 and users of
our services. We are fortunate to have been able to continue to deliver our services whilst maintaining
social distsncing. The trustees are confident that the charity will continue to operate tliroughout the
pandemil and aftenvards, with the rolc played by th¢ voluntary and community sector in the past few
months being so important artd clear.
GRANT MAKING POLICY
Wh¢rc funding and Lontracts allow for grant making, th¢ Company invites application8 for small
grants from third sector groups and organisalions which support the Company s aims.
The grani application and appmv21 processes are deterniined by the funding agency and cnacted in
line with policies approved by the Trustees.
REFERENCE AND ADMINISTRATIVE DETAILS
The Charity registration number is 1072949 and the Company registration number is 03438413.
The registered office of thc Company is City Hall, Bcaumont Fe¢, Lincoln, LNI IDJ.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the
ear ended 31 March 2021 (Collt'd)
DIRECTORS AND TRUSTEES
The Directors of the Company, who arc also its Trustees for the purpose of Charity Law, at the end of
the year and to the date ot approval of this report were..
Mr N l Jackson
Mr l E E.Itance
Rev L Whitfield
Ms R Kirk
Mr G White
MrB Uduji
Mr P Drury
O'I'HER RELEVANT ORGANISATIONS
The Charity's solicitors are Chattertons. St Swithins Court, l Flavian Road, Nettleham Road, Lincoln.
LN2 4GR.
The Charity's bankers are Co-operative Bank plc, PO Box 101, l Balloon Street, Manchester, M60
4EP.
This report has been prepared tn accordance with the special provisions of Part 15 of the Coinpanies
Act 2006 rclating to small companies.
BY ORDER OF THL BOARD
Authorised for issue on 2nd December 2021
B Rollelt - Secre
SAUL
FAIRHOLM

INDEPENDENT AUDITORS, REPORT TO I'HE MLMBERS OF
URBAN CHALLENGE LIMITED
OPINION
We have audited the financial statements of Urban Challenge Limited (the "Charitable Company,) for
thc year end¢d 31, March 2021 which comprise the Statement of Financial Activities. the Balance
Sheet and notes to the financial statemcnts, inclllding a summary of signifiLant accounting policies.
The financial repotting framework that has been applied in their prepuiation is applicable law and
United Kingdoin Accoiinting Standards, including Financial Reporting Standard 102.. The Financial
Reporting Standard applicable in the UK (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements.--
give a true and fair view of the stxte of the Charity's affairs as at 31, March 2021 and of its
incoming rcsources and application of rcsources for the year thcn ended-
havc been properly prepared in a¢¢ordance with United Kingdom Generally Accepted
Accounting Pra¢tlL¢,'
have becn prepared in accordance wilh the requirements of the Companies Act 2006.
BASIS FOR OPINION
Wc conducted our audit in accordance with International Standards on Allditing (UK} (ISAS (UK))
and applicable 12w. Our responsibilities under those standards are further described in the Auditoi's
responsibilities for the audit of the financial statements sevlion of our report. We are independent of
th¢ Charitable Company in aLcordance with the ethical r¢quircments that are relevant to our audii of
the financial statements in the UL including the FRC'S Ethical Standard, and we have fultilled our
other ethical i'esponsibilities in accordance with thesc requirements. We believe that the audit evidence
we have obillined is sufficient and appropriate to piovide a basis for our opinion.
CO.NCLUSIONS RELATING TO GOING CONCERN
auditing the financial statements, we have concluded that the ttu.stees' use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed: we have not identified any material un¢¢rtainti¢s rclating to
events or conditions that, individually or collectiv¢ly> may Labt significant doubt on the Charitable
Company's abllity to continuc as a going concern for a period of al Icast 12 months from whcn the
financial statements are authorised for issue.
Our rc5ponsibilities and the iesponsibililies of the trustees with respect to going concern are described
in the relevant sections of thi5 report.
OI'HER INFORMATION
The t￿sle¢S are responsible for the other infortnation. The other information comprises th¢
information included in the annual report other than the financial statements and our auditor's report
Ihereon. Our opinion on the financial statements does not cover thc other infomiation and, except to
the extent othenvise explicitly stated in our report, we do not express any fonn of assuwi¢¢
con¢lusion th¢reon.
In connection with our audil of the financial statements, our responsibility is to rcad the othcr
information and, in doing so. consider whether the other infomiatioii is materially inconsislcnt with the
finan¢ial statements or our knowledge obtained in the audit or otherwisc appears to be materially
misstated. If we identify such matcrial inconsistcncies or apparent tnaterial misstaiements, WL dre
r¢quircd to detcrniinc whether thcrc is a mdtcrial misstateinent in the financial statemcnts or a material
misstatetnent of the other inforn]ation. Jf, based on the work we have performed, we conclude that
there is a material misstatement of this other infomiation, w¢ are required to report that fact.
We have nothing to report in this regard.
SAUL
FAIRHOLM

Lo.
INDEPEIWENT AUDI'foRS' REI PORT TO THE TrIEMBERS OF
URBAN CHALLENGE LIMITED (CONT'D)
OPINIO.NS ON OTHER MATTERS PRESCRIBED BY THE COMPA￿lEs ACT 2006
In our opinion, based on the work undertaken in the ¢oursc ot the audit.'_
the inforn]ation given in the trustees, report {incorporating the strategic report and the
directors, report) for the financial year for which the fL￿anCial statsments are prepared is
¢onsistent with the financial slalcments., and
the trustees, report (incorporating thc strategic report and the directors. report) have been
prepared in a¢cordanc¢ with appIl￿ble legal requircments.
mA￿ERs OIY WHICH WE ARE REQUIRED TO REPORT BY EXCEPTIOIN
In the light of the knowledge and understanding of the Charity and its environtnent obtained in the
course of the audit, we have not identified material misstatement8 in the Trnstees, Annual Report
includin8 the Stratcgic Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion-_
adequate accounting records have not b¢cn kept or returns adequaie for our audit have not
been received from bran¢h¢s not visited by us..
the financial statementq are not in agreement with the accounting records and rcturns.
certain disclosures of trustees, remuneration specified by law are not made; or
we have not obtained all Ihe infom]ation and explanations n￿eSsary for the purposes of our
audit.
the trustees were not entitled to prepare the fmancial statemcnts in accordance with the small
¢ompanies rcgime and take £ldvantagc of the small companies, exemptions in preparing the
trust¢es' report and fiom the requirement to prepare a strate￿¢ report.
RESPONSIBILITIES OF I'HE TRUSTEES
As explained more fully in the trustees, responsibilities statement set out on pag¢s six and seven, the
trustees are responsible for the preparation of the tinancial statements and for being satisfied that they
give a true and fair view, and for such internal control as they determine is iieeessary to enable the
preparation of financial statements that are free froJn material misstatement, whether due lo fraud or
error.
In preparing the financial statements, th¢ trustees are responsible for assessiiig the Charity's ability to
continue as a going coiic¢m, disclosing, as applicable, matters related lo going concetii and usin¥ the
goingy concern basis of accounting unless the trustees either intcnd to liquidate the Charity or to cease
operations, or have no realistic alternativc but to do so.
OUR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATF.MENTS
Our objectives are to obidin reasonable assurance about whether the finai)cial statemen15 as a whole
are free from material misstatemeni, whether due to fraud or crror, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guaranlee that an
audit conducted in accordan¢¢ with ISAS (UK} will always dete¥t a material misstatement whcn it
exists. Misstatements Can arise from fraud or etror and are considered maierial if, individually or in the
aggregate, th¢y could reasonably be expected lo influence the ecoiiomic decisions of users taken on
the basis of these financial statements.
SAUL
FAIRHOLM

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
URBAN CHALLENGE LIMITED (CONT'D)
OUR RESPONSIBILITIES FOR THE AUDIT OF TEIE FINANCIAL STATEMENTS (Cont'd)
Irregularities, including fraud, are instances of non-compliance with laws and regiilations. We dcsign
proccdures in line with our responsibilitics, outlined abovc, to detect material misstatements in resp¢ct
of irregularities, including fraud is detailed below:
We have identified areas of laws and regulations that could reasonably be expected to have a material
effect on the fuLan¢ial statements from our general commercial experience, knowledge of the sector. a
review of regulatory and legal Co￿eSpOndence and through discussions with Trustees and other
management obtained as part of the work required by auditing standards. We have also discussed with
the Trustces and other managemLnt the policies and pto¢¢dures relating to compliance with laws and
reoiilations. We commiinicated laws and regulations throughout the team and remined alert to any
indications ol'non-compliance throughoul th¢ audit.
The potential impact of dilf¢ret]t laws and regulations varies considerably. The Charitable Compally is
subject to laws and regulations that directly impact the fillancial staletnents and we have assessed the
extent of compliance witli such laws as part of our financial slalements audit.
We are not responsible for preventing non-compliance and ¢annol be expected to detect non-
compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial stat¢nicnts is loial¢d on the
Financial Reporting Council's website at". www.frc.org.uklauditorsresponsibilities. This description
forn)s part of our audstor's report.
USE OF OUR REPORT
This report is mad¢ 501ely to the Charity's members, as a body, in a¢¢ordaThce with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we m]￿t state lo the
Charity's members those matt¢rs we are required to siaie to them in an auditor's report and for no
otheT purpose. To the ￿lIest exicnl perniitted by law, we do not accept or assume responsibility to
anyone other than the Charity's members as a body> for our audit work, for this report, or for the
opinions we have fomied.
Roger White {Senior Statutory Auditor)
For and on behalf of Saul Fairholm Limited, Statutory Auditor
12 Tentercroft Street
Lincoln
LN5 7DB
2nd Dec¢mber 2021
SAUL
FAIRHOLM

12.
URBAN CHALLENGE LIMITED
Statement f Finallclal Activities for the
ear ended 31" March 2021
Unrestricted Restricted
Funds
Funds
Total
2021
Total
2020
Notes
IliCOME AND ENDOWMENTS
FROM:
Charitable activities
Investment Income
16,206
1,507,359
1,523,565
1.416,295
TOTAL
16,207
1,507,359
1,523.566
1,416,300
EXPENDITURE ON:
Raising Funds
Charitable Acllvities
4.000
(3,395)
4,000
1.426,355
4,000
1,332924
1,429.750
TOTAL
605
1,429,750
1,430,355
1.336,924
NET INCO.IQE
15,602
77,609
93,211
79,376
TRANSTrERS
14
31,235
(31,235)
rtsET MOVEMENT IN FUl+4DS
46,837
46,374
93.211
79,376
RECONCILIATION OF FUNDS
Total Funds Brought Forward
123.322
82,391
205,713
126,337
Total Funds Carried Forward
170,159
128,765
298,924
205,713
SAUL
FAIRHOLM

13.
URBAN CHALLENGE LIMITED
Summar
Income and Ex
enditure Account for the
ear ended 31" March 2021
2021
2020
Gross Incomc of Continuin8 Operations
1.523,566
1,416,300
Total Expenditure of Continuing Operations
1,430,355
E,336,924
Net Income/(Expendinwe) for the Year
93,211
79.376
There wer¢ no gains or losses in eithcr the current or preceding year other than those disclosed in the
Summary Income and Expenditurc Account, and the results derive tsoni continuing activilics.
SAIIL
FAIRHOLM

14.
URBAN CHALLENGE LIMITED
Balance Sheet as at 31SI March 2021
Notes
2021
2020
FIXED ASSETS
Tangible Assets
io
13,290
17,233
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
48.463
241,171
7,479
185,001
289,634
192,480
CREDITORS
Amounts talling due within one year
12
4,000
4,000
NET CURRENT ASSETS
285,634
188,480
TOTAL NET ASSETS
298,924
205.713
THE FUNDS OF THE CHARITY
Unrestricted Funds
Reslricted Funds
13
13
170,159
128,765
123,322
82,391
TOTAL CHARITY FUNDS
298,924
205,713
The trustees have prepared the accounts in accordance with th¢ Companies A¢t 2006 Section 398 and
the Charities Act 2011 Section 138. These accounts are prepared in accordance with the special
provtsions of Part 15 of the Companies Act relaling to small companies and constitute the armual
arcounls requircd by thc Companies Act 2006 and are lor circulatioii lo members of the company.
The financial statements were approved by the Board of Trust¢¢s on 2, December 2021 and were
signed on its behalf by=
N l Jackson- D.
or
l F. Exlance - Director
Company Number". 03438413
SAUL
FAIRHOLM

15.
URBAN CHALLENGE LIMITED
'otes to the Accounts for the
ear ended 31" March 2021
ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been Prepared in accordance with Charities SORP
(FRSI 02) - Second Edition October 2019 Accounting and R¢porttng by Charities..
Statement of Rccommendcd Practice applicable to charities preparing their accounts in
accordattec with the Financial Reporting Stsndard applicable in the UK (FRS 102)
(effective I, January 2019}, the Companies Act 2006 and the Charities Act 2011. The
principal accoiinting poli¢ies adopted in the preparation of thc financial statcments are
as follows..
Prep9ration ofthe accounts on a going concern basis
The accounts have bcen prepared on a going concern basis. The Tn]stees consider that
there are no material uncertainties about Urban Challenge Limitcd's abilily to
continue as a going concern.
Income Recognition
Income Grants receivable and payable are accnted to the Income and Expenditure
Account for the period lo which they ielate.
Donjtions and Grants
Income from donations and grants, including capital grants, are included in incoming
resources ivhen these are receivable, except as follows..
When donors specify ihat donations and grants given to the Charity must be
used in future accounting periods, the income is deferred until those periods.
When donors impose conditions which have to be fulfilled before the Charity
becomes entitled to use such income, the income is dcferred and not included
in incoming resources until the pre-conditions for usc have becn met.
When donors specify ihal donations and grants, including capital gi'ants, ar¢ lor
particulai restricted purposes, which do not amount to pre-conditions regaiding
entitlement, Ihis income is included in incoming resources of restri¢led funds wheii
receivable.
Resources Expended
Liabilities Are recognised as expei)diture as soon as ihere is legal or constructive
obligation committing the Charity to that expenditure, it is probable that a traiisfer of
e¢onoinic benefit will be required in scttlement and the amount of obli&yation can be
measured reliably. Expenditure is a¢counted for on an accruals basis, inclusive of any
VAT, and has been classified under headings that aggregate all Cost related to the
Lategory. Where eoqtq cannot be directly attributed lo particular headings thcy have
been allocated to activities on a basis consistent with the use of resources.
Thcse are split between the ¢081 of generating funds, charitable activities and
gov¢rnance CObt5, according lo their naturc.
SAUL
FAIRHOLM

16.
URBAN CHALLENGE LILNIITED
Notes to the Accounts for the
ear endcd 31"March 2021 (Cont'd)
ACCOUNTING POLlCtES (CONT'D)
Resources Expended (Cont'd)
Expenditurc on charitablc activitics is incu￿ed on directly undertaking the activities
which further the Cbaritie's objectives, as well as any support costs.
Interest Receivable
Interest is included when receivable by the Charity.
Fund Accounting
Funds held by the Charity are either..
Unrestrictcd gcncral funds- these ale funds which Can be uscd in accordallce
with the charitable objects at the discrction of the Trustees.
Restricted Funds
these are ￿ndS that can only be used for particular
restricted purposes within the objects of the Charity. R¢stiictions arise when
specified by the donor or wh¢tL funds are raised for particular restricted
purposes.
Further explallation of the nature and PUTpose of each fund is included in the notes to
th¢ financial statements.
Tangible Fixed Assets
Tangible fixed assets are stated at cost Icss depreciation. Depreciation is ¢alculated to
Tile off cost less any residual value on a Straight linc basis over their estimated
useful lives as follows=
Annual Rate
Office Equipment
Tangible fixed assets which cost less than £1 00 are not considered material and are
written off in full in the period in which the expense is incu￿ed.
Debtors
Trade and other debtors are recogniged at the settlement amount due after trade
discount offer¢d. Prepayments arc valued at the amount prepaid after taking account
of any trade discowils due.
Cash #t bank and in hand
Cash at bank and in hand incliides cash and short term investments with a maturity
date ol l year fonn the dale of acquisition or opening of the deposit or similar ￿COUnt.
Credltors and provisions
Creditors aiid provisions are recognised wh¢r¢ the charity has a present obligation
resulting froTn a past event that will probably result in the transfer of funds to a third
party and the amount duc to settle Ilie obligation Lan be measured or egtimated
rcliably. Crediiois and provisions are nomially recogni5ed at iheii settlement amount
aftcr allowing for any trade discounts duc.
SAUL
FAIIIHOLM

17.
URBAN CHALLENGE LIMITED
Lyotes to the Accounts for the
ear ended 31" March 2021 (Cont'd}
ACCOUN'fiNG POLICIES (CONT'D)
Pension Costs
Thc Charity parti¢ipates in a defined contribution scheme. Pcnsion costs rcpresenl the
amount payable by the Company in respcct of the year.
CRITICAL ACCOUNTIIYG ESTIMATES AND AREAS OF JUDGEMENT
Estimates and judgements are continually evaluated and are based on historical experience and
other factors. inelllding expectations of fiiture events that arc believed to be reasonable under
the circumstanees.
The Charity makes estimates and assumptions concerning the future. The resulting estimates
and assumptions will, by definition, seldom equals the related ac￿al results. The esltn]ales and
assumptions that have a significant risk ot. causitLg a material adjustment to the carrying
amounts of assets and liabilities within the next Iinancial year are discussed below.
Key sources of estimation uncertainty..
Tangible fixed a&gets, other than investment properties ale depreci&ted over their uscful lives
taking into 2ccount residwal values, where appropriatc. The £lCtual lives of the assets and
residual values are assumed annually and may vary depcnding on a number of faLtors. In rc-
assessing asset lives, taclors such as technological innovation, product life cycles and
maintenance programmes arc taken into account. Residual valu¢ assessments consider issues
such as future n￿rket conditions, the Icrnaining life of the asset and projected disposal values.
IVIEMBERS GUAIL4NTEE
The Cumpany is a registered chariiy limited by guarantee with the liability of each of the
Members being limited to £10.
SAiIL
FAIRHOLM

18.
URBAN CHALLENGE LI.MITED
Note5 to the Accounts for the
ear ended 31st March 2021 (Cont'd)
II¥JCOML E FROM CHAIUTABLE ACTIVITIES
The income is attributablc to thc Charity's principal activily, namely, that of co-ordinating
with local communitics in Lincolnshire to support projects dealing with thc problems of urban
development.
2021
2020
In¢oin¢ comprises..
Restricted
The Nalional Lottery CoTnrnunity Fund and ESF Building
Better Opporhmities Grant- Steps Fonvard
Tbe National Lottery Community Fi￿d
Lincolnshire County Couiicil
Acis Youth Employer SllPPOrt
West Lindsey District Coulleil
NHS Lincolnshire West CCG
City of Lincoln Council
The National Lottery Communily Fund- Covid 19
The National Lottery Commullity Fund and ESF Building
Better Opportunities Grant
HMRC JRS Grant
West Lindsey District Council- Safer Streets
Departmcnt of Wuik & Pensions
Liticolnshire County Council - Green Space Grant
Lincolnshire County Council
Covid 19 Vaccine
Progratnme
NHS %ouih West Lincolnshire CCG
5,788
15,021
244,000
34.483
25.000
212,334
8,627
14,696
244,000
28,281
33,000
212.537
23,800
29,000
709,462
5,073
5,925
13.600
5,000
41,508
746,534
161,165
73,213
1,507,359
Unrestricted
Lincs Community Fund- Covid 19
Anglian Water
Other Ii)comc
1,384,688
10,000
7,350
24,257
6,206
1,523,565
1,416.295
INVESTMENT INCOME
2021
2020
In¢ome comprises..
Bar& Interesr Receivable
SAUL
FAIRIIOLM

19.
URBAN CHALLENGE LIMITED
Notes to the Accounts for the
ear ended 31" March 2021 (Cont'd)
ANAL YSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
2021
2020
Staff Costs
LCVS LSDO Contraet
Other Direct Costs
The National lottery Community Fund and ESF Building
Better Opportunities Grant
644,942
141,181
30.210
469,592
141,957
18,160
530.991
600,653
1,347,324
79,031
4,000
1,230,362
102,562
4.000
Siipport Costs {analysed bclow}
Governance Costs- Auditors Remuneratioll
1,430,355
1,336,924
The Charity receiv¢s grants to deliver voluntary services in the West Area of Lincolnshire.
The Charity administers a proportion of its grants onto other partners in the venture. as well as
utilising their share lo dcliver seryices in Lincoln. This includes providing non material grants
to other institutions in order to achieve its aims.
Total expendits￿e was £1,430,355 (2020.. £1.336.924) of which £1.429,750 (2020 .
£1,320,470) was restricted and £605 {2020 '. £16,454) was unrestricted.
SUPPORT COSTS
2021
2020
Rent and Rates
OtTice Accessories and Equipincnt
Piintiiig, Stsiioneiy and Postage
Room Hirc and Rcfrcshmcnts
Other Accountancy Services
Consultancy Fecs and other Professional Costs
Travelling Expenses
Other Support Costs
19,480
15,816
6,658
4,586
966
20,667
22,993
11,330
7.784
1,190
2,255
16,099
20,244
5,465
26,060
79,031
102,526
Support costs ale allocated in their entirety to the Charity's principal activity.
SAIIL
FAIRHOLM

20.
URBAN CHALLENGE LIMI'I'ED
Notes to the Accounts for the
egr ended 31" March 2021 (Cont'd)
NET INCOME FOR THE YEAR
2021
2020
This is stated after charging..
Dcprcciation
Staff Costs (Note 81
Auditors Reinuneration - Audit Fee
- Oiher A8surance Services
9,510
644,942
4.000
966
7,173
469,592
4,000
1.190
ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION AND EXPENSES
2021
2020
Wages and Salaries
Social Security Costs
Pension
Training
587,050
34,496
22,187
1.209
422.082
28,878
17,721
911
644,942
469,592
The average weekly number of employees
durAn¥ thc year was as follows..
Tr4umber
Number
Office and Management
31
23
No employees have emoluments in exce98 of £60,000 per annum.
No Trustees received reimbursement for expenses incurrcd during the year ended 31. March
2021 or 31. March 2020.
The total cmploym¢nt benefits of the key management personnel of the ehartty were £43,344
(2020. £42,914).
io.
TAXATION
There was no liability to corporntion tax for the CLtrrent or previous year.
SAUL
FAIRHOLM

21.
URBAN CHALLENGE LIMITED
Notes to the Aecounts for the ear ended 31" March 2021 (Cont'd)
TANGIBLE FIXED ASSETS
O￿llee
ui
Total
COST:
At I" April 2020
Additions
Disposals
34,681
5,567
34,681
5,567
At 31"Mareh 2021
40,248
40248
DEPRECIATION:
At I"April 2020
Charge for the Year
On Dispo8als
17,448
9,510
17,448
9,510
At 31"March2021
26,958
26,958
NET BOOK VALUE:
At 31'March 2021
13,290
13,290
At 1st Aprtl 2020
17,233
17,233
12.
DEBTORS
2021
2020
Amounts due within one y¢ar'.
Trade debtors
Prepayments
47,433
1,030
6,542
937
48,463
7,479
13.
CREDITORS
2021
2020
Amounts falling due within one year=
Accrued Expenges
4,000
SAUL
FAIRHOLAI

22.
URBAN CHALLENGE LIMITED
Notes to the Accounts for the
ear ended 31" March 2021 (Cont'd)
14.
ANALYSIS OF CHARITABLE FUNDS
A$ at 31" March 2021
At Incomlng Outgoing
31.3.2020 Resources
Resource5
At
31J.2021
Transfers
Restricted Funds
The National Lottery Comm¥nity
Fund and ESF Building Better
Opportunities Grant - Steps
Fonvard
NHS Lincolnshire West CCG
City of Lincoln Council
Nel￿bOurhood Boards
Lincolnshiie County Council
West Lindsey District Council
The National Lottery Community
Fund and ESF Building Better
Opportunities ITrant
The National Lottery Community
Fund- Lincoln
Neighbourhoods Together
Netwoi'k
The National Lottery Community
Fund - Covid-19
West Lindscy District Council
Safer Streets
Lincolnshire County Council
Covid-19 Vaccine Prograrnme
Department for Work & Pensions
- The Network
ACIS
Youth and Employer
Support Fund
Lincolnshire County
Couiilil - GTeen Space Grani
HMRC- JRS Furlough Graiit
NHS South Wesl Lin¢olnshire
CCG
5,788
212,334
5,213
212,334
(575)
5,058
668
244,000
25,000
4.390
244,000
25.000
4,120
709,462
663,873
(30,164)
19,545
15,021
13,519
(1,502}
29,000
29,150
150
5,925
5.546
379
41,508
24,181
17,327
13,600
13.600
34,483
34,483
5,000
5,073
161,165
1,500
5,929
150,754
3,500
856
73,213
83,624
Unr¢stricted Funds
Non-Designatcd Funds
82,391
1,507,359
1,429,750
(31,235)
128,765
123,322
16,207
605
31,235
Total Funds
170,159
205,713 1,523,566
1,430,355
298,924
SAUL
FAIRHOLM

23.
URBAN CHALLENGE LIMIT
Notes to the A¢counts for the
ear ended 31st March 2021 (Cont'd)
14.
ANALYSIS OF CHARITABLE FUNDS
CON'f'D
As at 31°, March 2020
At Incomillg
31.3.2019 Rc50urces
Outgoing
Resources
At
31.3.2020
Transfers
Restricted Funds
The National Lottery
Community Fund and
ESF Building Berter
Opportunities Grant-
SI¢pb Forward
NHS Lincolnshire West
CCG
City of Lincoln Council
Neighbourhood Boards
Lincolnshire
Coiinty Couneil
West Lindsey District
Council
The National Lottery
Community Fund and
ESF Building Better
Opportunities Grant
The National Lottery
Comtllunity Fund
ACIS - Youth and
Employcr Siipport
City of Lincoln Council
Controlling Migration
Fund
NHS South West
Lincolnshi￿ CCG
8,627
7,446
(1,181)
212.537
212,537
3,842
7,000
5,784
5,058
244,000
251.213
7.213
33,000
33.000
29,066
746.534
750,713
(20,767)
4120
14,696
14,696
28,281
28,281
16.800
16,800
73,213
32,908
1,384,688
1,320,470
(14,735)
82,391
Unrestricted Funds
Non-Designated Funds
93,429
31,6l2
16,454
14,735
123.322
Tot21 Funds
126,337 1,416,300
1,336,924
205,713
Restrleted Fund$
Resthctcd Funds are rcceived from a number of sources to fund projects fortning the core activities of th¢
Company.
The N'ational Lottery Community Fund and ESF Building Better Opportunities Grant, Big Lottery
Fund and ESF Building Better Opportunities Grant Steps Forward & The National Lottery
Community Fund- Lincoln Neighbourhoods Together Network
The transfer from these reslrictcd funds to unrcstricted funds in the years end¢d 31, March 202 land 31$1
Mareh 2020 rclate to a 150/0 ￿ld IOth/o COI)tribulion within the grant agreetnent towards unrestricted
indirect costs.
SAUL
FAIRHOLM

24.
URBAN CHALLENGE LIMITED
Iyotes to the Accounts for the
ear ended 311t March 2021 (Cont'd)
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Restricted
Funds
Funds
Fiind BalanLes at 31" March 2020 are represented by:
Fixed Assets
Current Assets
cll￿ent Liabilities
17,234
110,088
(4,000)
82,391
Total Net Assets
123,322
82,391
Unrestricted Restrieted
Funds
Funds
Fund Balances at 31" March 2021 are represented by..
Fixed Assets
Currcnt Assets
Current Liabilities
13,290
160,869
(4,000)
128,765
Total N¢t Assets
170,159
128,765
16.
PEN'SION COSTS
The Charity operates a defined contribiition pellsion scheme. Pei)sions costs during the year
lolalled £22,187 {2U20.. £17,721). Th¢r¢ were no amounts unpaid as at 31 # March 2021 or
31 March 2020.
SAUL
FAIRHOLM

25.
URBAN CHALLENGE LIMI ITED
Detailed Income and Ex
enditure Account for the
ear ended 31" March 2021
2021
2020
Other Public Funding
City of Lincoln Council - Neighbourhood Boards
City of Ltncoln c.ouncil - Controlling Migration Fund
Lincolnshire County Council
The National Lottery Community Fund
Thc National Lottery Community Fund aL]d ESF Building Better
Opportunities Grant
West Linds¢y District Council
Other
NHS Lincolnshire West CCG
Anglian Water
Acis- Youth and Employer Support
Tbe National Lottery Community Fund and ESF Building Better
Opportunities Grant- Steps Forward
Princes Trust- Talent Match
NHS South West Lincolnshire CCG
Lincolnshire County Council - Covid 19 Vaccine Programme
- The National Lottery Community Fund- Covid 19
Department of Work & Pensions - The Network
Lincolnshire County Council - Green Space Grant
- HMRC- JRS Furlough Grant
West Lindsey District Council - Safer Streets
Lincs Community Fund- Covid 19
7,000
16,800
244,00
14,696
746,534
244,000
15,021
709,462
25,000
6,206
212,334
33,000
24,257
212,537
7,350
28,281
34,483
5,788
8,627
161.165
41,508
29,000
13,600
5,000
5,073
5,925
i 0,000
73,213
1,523,565
1,416,295
INVESTMENT INCOME
Iiiterest Rcceived
TOTAL INCOME
1.523,566
1.416,300
SAUL
FAIRHOLM

26.
URBAN CHALLENGE LIMITED
Detailed Income and Ex
enditure Account for the
ear ended 31" M3rch 2021 (Cont'd)
2021
2020
TOTAL INCOME BROUGHT FORWARD
1,523,566
1,416,300
ELWIPLOYMENT COSTS
Employm¢nl Costs - Direct Employees
644,942
469,592
DIRECT COSTS
Participant Expenses and Allowances
Other
Lincolnshirc Community and Voluntary
Services LSDO Contract
The Naliunal Lottery Community Fund and
ESF BuildiLig Better Opportunities Grant
The National Lottery Commiinity Fund -
Lincoln Neighbourhood Together Nctwork
Neighbouihood Awards
The Network - DWP
Green Spaces
4,132
4790
4,068
3,958
141,181
141,957
530,991
600,653
5520
668
13600
1500
10,134
702,382
760,770
176,242
83.031
185.938
106,562
OVERHEADS (Pagt 26)
SURPLUS FOR THE YEAR
93.211
79,376
SAUL
FAIRHOLM

27.
URBAN CHALLENC.E LIMITED
Schedule ol Overheads for the
ear ended 31°, March 2021
2021
2020
OVLRHEADS
Rent and Rates, Light and Heat
19,480
20,667
Office Accessories, Equipment and Repairs
15,816
22.993
Printing, Stationery and Postage
6.658
11,330
Room Hire and Refrcshments
4,586
7,784
Insurances
1,740
1,765
Audit Fee and Other Services
4,966
5.190
Consultancy Fees and other Professional Costs
2,255
Telephone
9,015
7,937
Bank Charges
431
377
Travelling Expenses, etc
5.465
16,099
Sundry Expenses
5,364
2,895
Advertising
97
Depreciation
9,510
7,173
83.031
106,562
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
Company Lyurnber: 03438413
Chi)rity Nujnber: 1072949
Financial Accounts for the
yeAr ended 3J" March 2021
Saul Flllrholm I.imiied
Chartered Accountants
12 Tentereroft Street
Lincoln
LN5 7DB
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
FinAllcial Accounts for the vear ended 31" March 2021
CONTENTS
Company Infomlation
Chaimian's Report
Report of the Trustees
9-11.
Independent Auditors, Report
12.
Statem¢nt of Financial Activities
13.
Summary Income and Expenditure Account
14.
Balance Sheet
15-24.
Notes to the Accounts
25-27.
Other Management Infom)ation
SAUL
FAIAYOLM

URBAN CHALLENGE LIMITED
Fillancial Accounts for the
ear ended 31" Mareh 2021
COMPANY IN'FORMATIOPI
DIRECTORS AND TRUSTEES:
Mr N l Ja¢kson (Chaimian)
Mr l E Exlance
Rev L Whitfield
Ms R Kii'k
Mr G White
MrB Uduji
Mr P Drury
SECRETARY:
Mr B Rolleti
REGISTERED OFFICE:
City Hall
Beaumont Fee
Lincoln
LNI IDJ
AUDITORS:
Saul Fairholm Limited
Chartered Accountants
12 TenterLroft Street
Lineoln
LN5 7DB
SOLICITORS:
Chattertons
St Swithin's Court
l Flavian Road
Neiilcham Road
Lincoln
LN2 4GR
BANKERS:
Co-operative Bank PIC
PO Box 101
l Balloon Sireet
Manchester
M60 4EP
COMPANY NUMBER:
03438413
REGISTERED CHARITY NUMBER:
1072949
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
Chairman's Re
ort for the
ear ended 31" March 2021
This year has been like no other and has presentcd a unique sel of challenges for oiir organisation and
the wider sector, as we continue to navigate thc rcslrictions and impa¢t ot'the Covid-19 pandemic.
Voliinteeritig has been at the forefront of the Covid_19 rccovery and our Volunt¢er Centres h&vc been
fundamenlal in supporting people to gct involv¢d in helping their local commiinities. We are proud to
h&ve been involved in recruiting ovcr 1,000 volunteers in a variety of roles from the initial emergency
response to the current vaccination programme and ongoing testing provision across Lincolnshire. The
crisis continues to demonstrate the importance of voluntecring and the Community spirit that exists
within our communities.
With the pandeniic scvcrely impacting local groups, charities and oiganisations in ditTer¢nl ways, we
have adapted our support and sccured additional fimding and resources lo enable us to help local
group5 and organisations navigate the onguing challenges and support the recovcry of the community
and voluntary sector as lockdown measures eontinue to fluctllate.
Our Social Prescribing service has been an integral part of supporting vulnerable individuals
througyhout the pandemic, offcring advice, support and helping to co-ordinate help with shopping,
prcseriptions and essential supplies. Th¢ Social Pre8LribinTr Link Workers supported almost 2,000
people during 2020_21 and continue lo be a key component of Primary Care Networks (PCNS),
Inte.oratcd Placed Based Teams (IPBT} and Ihc Neighbourhood Working programme in Lincolnshire.
The Greater Lincolnshire MOVE projcct moved into its fifth year, continuing to support people
furthest from the labour market to progress towards learning, training and employm¢nt. The project
has achieved some ex¢ellent resiilts and oiitcomes for parti¢ipants. and is recognised as a model of
good practice in delivering ESF funded provision throu￿ a network of local community and voluntary
providers.
The YES Project (youth and employer support) Continued in Gainqborough, supportiiig young people
to overcome some very complex rollriers and move towards employTnent. training, apprenliLeships
and volunteering.
The end of the year saw us embark upon a journey to support the NHS with delivery of the Covid-19
vaccination programme. This has involved rceruiting a team of around 20 FfE staff members to
carryout non-clinical roles at the mass vaccination sites.
The pandemic continues to affeet our commullities, and it's therefore more important than ever rhat we
are able to continue to support our clients and everyone's safety and wellbeing Continues to be our
main priority.
Working itt partnership will ¢onlinue to be ctucial in supporting the community and voluntary sector
to reLover from the impact of the Covid-19 pandemi¢ and we are ¢ommitted to workiiig in partnership
with statutory and voluntary partners t￿ou￿ Involving Lincs and Voluntary Ei)gagcment Team
(VET).
The Board wishes to place on record the remarkable support given by employees and volunteers
during thesc unprecedeiired times; their dedication and commitment is an example of the remarkable
ieam that exibts to furthei the aims of our organisalion.
N l Jackson-
aimian
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the
ear cnded 31" March 2021
The Trustees, who are also the Dire¢tors for the piirpose of ¢ompany law, present their annual rcport
on the affairs of the Company, together with thc Accounts and Auditor's Report for the abovc year.
OJIJECTIVES AND ACTIVITIES
The aims of the Cornpatiy are..
i)
To develop the capacity and skills of thc socially and economically deprived
comrnunitics in Lincolnshire. tnaking them better able to identify and meet theii own
necds and so participate more fully in society.
2)
To engage in social regeneration activities to improve the quality of life for people
living in Lincolftshire through..
Capacity building
equipping people with the skills and knowledge to
take an active role in regeneration issues and enhance their own pcrsonal
development
Community economic developtnent
helping individuals and groups
support their communtty through developing sustainable enierprises
3)
To promofr and facilitale participation in volunteering and social action.
4)
To promote any charitable purposes foi the benefit of the ¢ommunity including the
relief of poverty, advancement of education and such other purposes as the trustees
shall think tit.
Our mission is lo enable the development of stable, thriving communities with the capacity to plan
and manage lasting improvements to their quality of life
Our vision is of a strong and pro-active community and voluntary sector improving the lives of people
in Lincolnshire
The Company obtained charitable status on 14th December 1998 and is a Company Liinited by
Gudiantee, governed by its Memorandum and Articlcs ot. AssvLiation. On 20, June 2005 the
governing document w&s atnended lo expand the charitable Area of Benefit to Lincolnshire (it was
previously focussed on the City of Lincoln).
Publie Benefit Statement
The Company aims are translated into two corc themes-
l. Development of the Community and Voluntary Se£¢or:
Influence: W¢ support local voluntary orgdnisations and community groups to intluence
policies, plans and practice8 that have an irnpact on their organisations and beT)eficiaries.
Development: We support the identification of needs in the local community and facilitate
innovation and iinprovemenls in se￿ICe provision to meet those needs.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the ve¥r ended 31, March 2021
0￿ECTIVEs AND ACTIVITIES {CONT'D)
Support.. We equip voliintary organisations and community groups wirh the tools and
inforniation they nccd to help them make a differencc in the communities they work in. We
provide training and support on a wide range of toptcs lo empower the voluniary and
community sector to becomc more resiliellt.
Collabora¢ion.' We facilitate eff¢¢livc communication and collaboration amongst local
voluntary organtsations and community groups and bctween different se¢tors.
2. Development of Volunteering
Voice of Volunteering: We deliver positiv¢ messages about the b¢nefils and diverse nature of
volunteering and support local organisations to market their opportunities to the widest
possible audicnce.
Volunteer Brokerage: We provide a Matrix accredited interview and matching service,
supporting volunteers. host organisations and communities to get the most out of volunteering
opportunities.
Strategie Development of Volunteering: We prioritise the steps necded to address issues
which have the greatest impa¢t and relevance on volunteering locally.
Good Practice Development: We provide quality volunteer management learning provision
to volunte¢r involving organisations.
Developing Volunteering Opportunities: W¢ work in close partnership with local volunteer
involving organisalions, to understand the potential for, and lo dcvelop volunteering within the
community.
Activity & a¢hievements:
During 2020-21 wc supported over 400 Lommunity and voluntary gioups in West Lincolnshire
through capacity building advic¢ and support, helping local gtOUPS to securc over £500,(K)O of
funding.
We supported 792 volunteers lo access volunlcering opportunities wiihin Lincolnshire.
We calculate the value of volunteering in West Lincolnshire through our Volunleer Centres to be
£836,352.
We supported aroiind l.O(X) groups and organisaiions through the dissemination of inforniation on
¢vents, resourLes and opportunities to develop the community and voluntary se¢lor.
We dclivered 12 Funding Ready workshops and supported 34 groups to become funding ready.
SAUL
FAIRHOLM

URBAN CHALLEIIGE LIMITED
ort of the Trustees for the
ear ended 31 March 2021
OBJECTIVES AND ACTIVITIES {COFa'D)
We continiied delivery OF the Greater Lincolnshire MOVE (Moving on. volunteering and
¢mployabilityl Project which supportcd 185 people overall with 52 securing cmploymcnl. The ESF
and Bi(r Lottery funded project brillgs together a wide range of IoLal cominunity and voluntary sector
Partners to support people furthest from the labour markct to progress into Itaining, volunteering,
learning and employment.
Through the YES Project our Youth Engagement Lead supported 74 young people that hadn't been in
employment, education 01 training ihrough a holistic one to one support package to overcome their
challenges and progress into voluntecring and praciical programmes developing skills as well as more
fornial training, apprenticeships. and employment.
Our Social Prescribing Service, supportcd over 1.500 people with social, emotional or practical needs
to access a TarLge of local, non-clinical services and support, when a medical intervention of just
treating clinical origins is not getting to the root of an individual's problem.
Covid_19 Vaccination Programme - As Voluntecr Cenlres we have taken the lead in supporting GP
Practices and Primary Carc Networks {PCNsl with recruiting voliinteers for th¢ various hubs and
vaccinalionb Sltes that are developing to deliver the Covid-19 vaccinations. We have also helped
recruiting in a team of around 20 FTE staff tnembers lo caryout non-clini¢al roles at the mass
vaccination sites.
FINANCIAL REVIEW
The nel movement in funds of the Company for the y¢ar was a surplus of £93,21.1 {2020.. Surplus
£79,376}, of which a surplus of £46,837 (2020.. SuTplus of £29.893) relalcd to unrestricted reserves
and a surplus of £46,374 12020.. Surylus of £49.483) related to restrietcd reserves. The unrestricted
surplus arises in part due to £31,23512020.. £14,735) contribution to iiidirect overheads from restricted
funding sources in line with the related funding Agreements which has been allocated to unrestricted
res¢rves as a transfer beiween funds.
RESERVES POI.ICY
The Trustees regularly review the reserves of the Charity. This review encompasses the nature of the
income and expenditure streams and the need to maintain adequate working capital for all Core costs
and liabilities. The Trustees have established a policy whereby the unrestricted funds hel£1 by the
Charity should ineliide between thr¢c and six tnonths core costs, which Lurrcntly equatcs to £ lUO,000
to £150,000. During the last two years the Charity has planlled to increase iinrestricted reserves by in
excess of £20,000 per annum in ihe Cu￿ent year and in the next year to restore unrestricted reserves to
their target buffer amouiit.
INVESTMEiYf POLICY
There are no restrictions on the Company's power to invest. The investn]ent strategy is sel by the
Trustees, regularly reviewed and lakes account of recent demands for funds. The Trustees consider
incom¢ rcquirements and riqk pr()files in fomulating this strateg'y.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Tru$¢ees for the
ear ended 31" March 2021
STRUCI'URE GOVERNANCE AND MANAGEMENT
The organisalion's services are delivcred in threc local authority districts, and have becn organised and
termed to rctlect local circumstances. Seivices arc thcrcforc delivered locally as Voluntary Centre
Services. The VCS brand stands for Voluntary C¢ntre Services and is the iimbrella brand under which
the Volunteer Centre licencc and logos appear.
The affairs of the organisation are tnanaged by the Board of Directors. Appointments to the Board are
detem)ined by the coinpany membeiship at thc Annual General Meeting. The Board deliver in line
with Trustee and management Committee National Occupational Stsndards..
Sateguard and promote the valucs and mission oltlie organisation
Dctermine the strategy and structure of the organisation
Ensure Ihc organisation opeialcs in an effective, responsible and accountable manner
Ensure the eff¢ctive lunclioning of the organisation's board
The DircClorslTn￿teeS meet at least quarterly to administer thc Company, making decisions jointly.
The day to day management of the Charity is dclegated to Ben Rollett. the Chief Executive and
Secretary. The manag¢mellt of the area otTices is undertaken by the Area Co-ordinators. The staff
team is supported by a te&Tn of around 25 volunteers.
The Charity is committed to delivering services which are.. responsive to local circumstances;
developed in response to consulialion with beneficiaries and stakeholders- well planned and managed,.
can be effeLtively monitored and evaluated. Quality standard frameworks. assessmenis and awardg are
tool8 that we usc to track and demonstrate tlii5 commitment.
There are currently 3 quality assurance standards that we opcrate to..
Voluntcer Cenlre Qi￿litY Awards {VCQA}
NA VCA Quality A wards
Malrix Quality Award
TRUSTEES RESPONSIBILITIES
The Trustees ar¢ responsible for preparing the Annual Report &iid the financial statements in
accordance with applicable law and regulations.
Law applicable lo Charitable Companies in England and Wales requircs the Trustees to prepare
accounts for each financial year. Under that law the Trustees have elected to prcpare the finanLial
statements in accordance with United Kingdom Generally Accepied Accounting Practice (United
Kingdom Standards and appli¢able law)- The fii)ancial statements arc required by law to give a tNe
and fair view of the slate of affair8 of the Charitable Company dnd of the fin￿]CIal aclivities of the
Charitable Company for that period. In preparing those ae¢ounts the Trustees are required to..
select suitable accountiiig policies and then apply them ¢onsistently'
make judgements and cstimates that are reasonable and prudent,.
follow applicable accounting standardq and statetnenls of recommended practice, subject to
any material departurcs discloscd and explaincd in ihe accounts.
pr¢par¢ the accounts on Ihc going ¢onecm basis unless it is inappropriate lo presume that
the Charitable Company will continue in business.
SAUL
FAIRHOLM

URBAN CHALLEPIGE LIMITED
ort of the Trustees for the
ear ended 31" March 2021 (Cont'd)
TRUSTEES RESPONSIBILITIES (CONT'D)
The Tnist¢es are r¢sponsible for kecping adequate accoiinting records which dis¢losc with reasonable
accuracy at any time th¢ financial position of th¢ Charitable Company and to enable Ihcm to ensure
that the accounts comply with the Trust De¢d, Charities Regul&tions and the Companies Act 2006.
They are also responsible for safeguarding the assets ol the Charitsble Company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregulaLlties.
In so far as the trustees are aware..
there Ts no relcvant aiidit inforniation of which the Charitable Company's auditors are
unaware. and
the ttustees have lakcn all steps tbat they ought to have taken to make theniselves aware of
any relevant audit information and to establigh that the auditors are aware ot that infonnation.
RISK REVIEW
The Trustees regularly review the major risks to which the Charity 15 exposed and systems have been
established to mitigate those risks. Projects are generally for a 1-3 year period and during this time the
key focus is on securing sustainable fllnding for the duration of the project. A corc staff t¢am are
rettsined with a(klilional support staff appointed to deliver specific proj￿15 in line and foi the duration
of funding for those projects. Extcrnal risks lo funding have led to the development of an action plan
to allow for the th'veEsification of tundino and activities. Internal iisks are minimised by the
implementation of pro¢edures for authorisation of all transactions and to ensure consistent quality of
delivery for all operational aspects of the charitable company. These procedures are periodically
reviewed to ensure that they still meet the needs of the Charity.
EVENTS AFTER THE RF.PORTING PERIOD
2020 has seen maiiy challenges tor the Charity, as like many other charities and businesses, we havc
had to adapt our ways of working to eniure the welfare and safety of all statT, voluntec15 and users of
our services. We are fortunate to have been able to continue to deliver our services whilst maintaining
social distsncing. The trustees are confident that the charity will continue to operate tliroughout the
pandemil and aftenvards, with the rolc played by th¢ voluntary and community sector in the past few
months being so important artd clear.
GRANT MAKING POLICY
Wh¢rc funding and Lontracts allow for grant making, th¢ Company invites application8 for small
grants from third sector groups and organisalions which support the Company s aims.
The grani application and appmv21 processes are deterniined by the funding agency and cnacted in
line with policies approved by the Trustees.
REFERENCE AND ADMINISTRATIVE DETAILS
The Charity registration number is 1072949 and the Company registration number is 03438413.
The registered office of thc Company is City Hall, Bcaumont Fe¢, Lincoln, LNI IDJ.
SAUL
FAIRHOLM

URBAN CHALLENGE LIMITED
ort of the Trustees for the
ear ended 31 March 2021 (Collt'd)
DIRECTORS AND TRUSTEES
The Directors of the Company, who arc also its Trustees for the purpose of Charity Law, at the end of
the year and to the date ot approval of this report were..
Mr N l Jackson
Mr l E E.Itance
Rev L Whitfield
Ms R Kirk
Mr G White
MrB Uduji
Mr P Drury
O'I'HER RELEVANT ORGANISATIONS
The Charity's solicitors are Chattertons. St Swithins Court, l Flavian Road, Nettleham Road, Lincoln.
LN2 4GR.
The Charity's bankers are Co-operative Bank plc, PO Box 101, l Balloon Street, Manchester, M60
4EP.
This report has been prepared tn accordance with the special provisions of Part 15 of the Coinpanies
Act 2006 rclating to small companies.
BY ORDER OF THL BOARD
Authorised for issue on 2nd December 2021
B Rollelt - Secre
SAUL
FAIRHOLM

INDEPENDENT AUDITORS, REPORT TO I'HE MLMBERS OF
URBAN CHALLENGE LIMITED
OPINION
We have audited the financial statements of Urban Challenge Limited (the "Charitable Company,) for
thc year end¢d 31, March 2021 which comprise the Statement of Financial Activities. the Balance
Sheet and notes to the financial statemcnts, inclllding a summary of signifiLant accounting policies.
The financial repotting framework that has been applied in their prepuiation is applicable law and
United Kingdoin Accoiinting Standards, including Financial Reporting Standard 102.. The Financial
Reporting Standard applicable in the UK (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements.--
give a true and fair view of the stxte of the Charity's affairs as at 31, March 2021 and of its
incoming rcsources and application of rcsources for the year thcn ended-
havc been properly prepared in a¢¢ordance with United Kingdom Generally Accepted
Accounting Pra¢tlL¢,'
have becn prepared in accordance wilh the requirements of the Companies Act 2006.
BASIS FOR OPINION
Wc conducted our audit in accordance with International Standards on Allditing (UK} (ISAS (UK))
and applicable 12w. Our responsibilities under those standards are further described in the Auditoi's
responsibilities for the audit of the financial statements sevlion of our report. We are independent of
th¢ Charitable Company in aLcordance with the ethical r¢quircments that are relevant to our audii of
the financial statements in the UL including the FRC'S Ethical Standard, and we have fultilled our
other ethical i'esponsibilities in accordance with thesc requirements. We believe that the audit evidence
we have obillined is sufficient and appropriate to piovide a basis for our opinion.
CO.NCLUSIONS RELATING TO GOING CONCERN
auditing the financial statements, we have concluded that the ttu.stees' use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed: we have not identified any material un¢¢rtainti¢s rclating to
events or conditions that, individually or collectiv¢ly> may Labt significant doubt on the Charitable
Company's abllity to continuc as a going concern for a period of al Icast 12 months from whcn the
financial statements are authorised for issue.
Our rc5ponsibilities and the iesponsibililies of the trustees with respect to going concern are described
in the relevant sections of thi5 report.
OI'HER INFORMATION
The t￿sle¢S are responsible for the other infortnation. The other information comprises th¢
information included in the annual report other than the financial statements and our auditor's report
Ihereon. Our opinion on the financial statements does not cover thc other infomiation and, except to
the extent othenvise explicitly stated in our report, we do not express any fonn of assuwi¢¢
con¢lusion th¢reon.
In connection with our audil of the financial statements, our responsibility is to rcad the othcr
information and, in doing so. consider whether the other infomiatioii is materially inconsislcnt with the
finan¢ial statements or our knowledge obtained in the audit or otherwisc appears to be materially
misstated. If we identify such matcrial inconsistcncies or apparent tnaterial misstaiements, WL dre
r¢quircd to detcrniinc whether thcrc is a mdtcrial misstateinent in the financial statemcnts or a material
misstatetnent of the other inforn]ation. Jf, based on the work we have performed, we conclude that
there is a material misstatement of this other infomiation, w¢ are required to report that fact.
We have nothing to report in this regard.
SAUL
FAIRHOLM

Lo.
INDEPEIWENT AUDI'foRS' REI PORT TO THE TrIEMBERS OF
URBAN CHALLENGE LIMITED (CONT'D)
OPINIO.NS ON OTHER MATTERS PRESCRIBED BY THE COMPA￿lEs ACT 2006
In our opinion, based on the work undertaken in the ¢oursc ot the audit.'_
the inforn]ation given in the trustees, report {incorporating the strategic report and the
directors, report) for the financial year for which the fL￿anCial statsments are prepared is
¢onsistent with the financial slalcments., and
the trustees, report (incorporating thc strategic report and the directors. report) have been
prepared in a¢cordanc¢ with appIl￿ble legal requircments.
mA￿ERs OIY WHICH WE ARE REQUIRED TO REPORT BY EXCEPTIOIN
In the light of the knowledge and understanding of the Charity and its environtnent obtained in the
course of the audit, we have not identified material misstatement8 in the Trnstees, Annual Report
includin8 the Stratcgic Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion-_
adequate accounting records have not b¢cn kept or returns adequaie for our audit have not
been received from bran¢h¢s not visited by us..
the financial statementq are not in agreement with the accounting records and rcturns.
certain disclosures of trustees, remuneration specified by law are not made; or
we have not obtained all Ihe infom]ation and explanations n￿eSsary for the purposes of our
audit.
the trustees were not entitled to prepare the fmancial statemcnts in accordance with the small
¢ompanies rcgime and take £ldvantagc of the small companies, exemptions in preparing the
trust¢es' report and fiom the requirement to prepare a strate￿¢ report.
RESPONSIBILITIES OF I'HE TRUSTEES
As explained more fully in the trustees, responsibilities statement set out on pag¢s six and seven, the
trustees are responsible for the preparation of the tinancial statements and for being satisfied that they
give a true and fair view, and for such internal control as they determine is iieeessary to enable the
preparation of financial statements that are free froJn material misstatement, whether due lo fraud or
error.
In preparing the financial statements, th¢ trustees are responsible for assessiiig the Charity's ability to
continue as a going coiic¢m, disclosing, as applicable, matters related lo going concetii and usin¥ the
goingy concern basis of accounting unless the trustees either intcnd to liquidate the Charity or to cease
operations, or have no realistic alternativc but to do so.
OUR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATF.MENTS
Our objectives are to obidin reasonable assurance about whether the finai)cial statemen15 as a whole
are free from material misstatemeni, whether due to fraud or crror, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guaranlee that an
audit conducted in accordan¢¢ with ISAS (UK} will always dete¥t a material misstatement whcn it
exists. Misstatements Can arise from fraud or etror and are considered maierial if, individually or in the
aggregate, th¢y could reasonably be expected lo influence the ecoiiomic decisions of users taken on
the basis of these financial statements.
SAUL
FAIRHOLM

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
URBAN CHALLENGE LIMITED (CONT'D)
OUR RESPONSIBILITIES FOR THE AUDIT OF TEIE FINANCIAL STATEMENTS (Cont'd)
Irregularities, including fraud, are instances of non-compliance with laws and regiilations. We dcsign
proccdures in line with our responsibilitics, outlined abovc, to detect material misstatements in resp¢ct
of irregularities, including fraud is detailed below:
We have identified areas of laws and regulations that could reasonably be expected to have a material
effect on the fuLan¢ial statements from our general commercial experience, knowledge of the sector. a
review of regulatory and legal Co￿eSpOndence and through discussions with Trustees and other
management obtained as part of the work required by auditing standards. We have also discussed with
the Trustces and other managemLnt the policies and pto¢¢dures relating to compliance with laws and
reoiilations. We commiinicated laws and regulations throughout the team and remined alert to any
indications ol'non-compliance throughoul th¢ audit.
The potential impact of dilf¢ret]t laws and regulations varies considerably. The Charitable Compally is
subject to laws and regulations that directly impact the fillancial staletnents and we have assessed the
extent of compliance witli such laws as part of our financial slalements audit.
We are not responsible for preventing non-compliance and ¢annol be expected to detect non-
compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial stat¢nicnts is loial¢d on the
Financial Reporting Council's website at". www.frc.org.uklauditorsresponsibilities. This description
forn)s part of our audstor's report.
USE OF OUR REPORT
This report is mad¢ 501ely to the Charity's members, as a body, in a¢¢ordaThce with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we m]￿t state lo the
Charity's members those matt¢rs we are required to siaie to them in an auditor's report and for no
otheT purpose. To the ￿lIest exicnl perniitted by law, we do not accept or assume responsibility to
anyone other than the Charity's members as a body> for our audit work, for this report, or for the
opinions we have fomied.
Roger White {Senior Statutory Auditor)
For and on behalf of Saul Fairholm Limited, Statutory Auditor
12 Tentercroft Street
Lincoln
LN5 7DB
2nd Dec¢mber 2021
SAUL
FAIRHOLM

12.
URBAN CHALLENGE LIMITED
Statement f Finallclal Activities for the
ear ended 31" March 2021
Unrestricted Restricted
Funds
Funds
Total
2021
Total
2020
Notes
IliCOME AND ENDOWMENTS
FROM:
Charitable activities
Investment Income
16,206
1,507,359
1,523,565
1.416,295
TOTAL
16,207
1,507,359
1,523.566
1,416,300
EXPENDITURE ON:
Raising Funds
Charitable Acllvities
4.000
(3,395)
4,000
1.426,355
4,000
1,332924
1,429.750
TOTAL
605
1,429,750
1,430,355
1.336,924
NET INCO.IQE
15,602
77,609
93,211
79,376
TRANSTrERS
14
31,235
(31,235)
rtsET MOVEMENT IN FUl+4DS
46,837
46,374
93.211
79,376
RECONCILIATION OF FUNDS
Total Funds Brought Forward
123.322
82,391
205,713
126,337
Total Funds Carried Forward
170,159
128,765
298,924
205,713
SAUL
FAIRHOLM

13.
URBAN CHALLENGE LIMITED
Summar
Income and Ex
enditure Account for the
ear ended 31" March 2021
2021
2020
Gross Incomc of Continuin8 Operations
1.523,566
1,416,300
Total Expenditure of Continuing Operations
1,430,355
E,336,924
Net Income/(Expendinwe) for the Year
93,211
79.376
There wer¢ no gains or losses in eithcr the current or preceding year other than those disclosed in the
Summary Income and Expenditurc Account, and the results derive tsoni continuing activilics.
SAIIL
FAIRHOLM

14.
URBAN CHALLENGE LIMITED
Balance Sheet as at 31SI March 2021
Notes
2021
2020
FIXED ASSETS
Tangible Assets
io
13,290
17,233
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
48.463
241,171
7,479
185,001
289,634
192,480
CREDITORS
Amounts talling due within one year
12
4,000
4,000
NET CURRENT ASSETS
285,634
188,480
TOTAL NET ASSETS
298,924
205.713
THE FUNDS OF THE CHARITY
Unrestricted Funds
Reslricted Funds
13
13
170,159
128,765
123,322
82,391
TOTAL CHARITY FUNDS
298,924
205,713
The trustees have prepared the accounts in accordance with th¢ Companies A¢t 2006 Section 398 and
the Charities Act 2011 Section 138. These accounts are prepared in accordance with the special
provtsions of Part 15 of the Companies Act relaling to small companies and constitute the armual
arcounls requircd by thc Companies Act 2006 and are lor circulatioii lo members of the company.
The financial statements were approved by the Board of Trust¢¢s on 2, December 2021 and were
signed on its behalf by=
N l Jackson- D.
or
l F. Exlance - Director
Company Number". 03438413
SAUL
FAIRHOLM

15.
URBAN CHALLENGE LIMITED
'otes to the Accounts for the
ear ended 31" March 2021
ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been Prepared in accordance with Charities SORP
(FRSI 02) - Second Edition October 2019 Accounting and R¢porttng by Charities..
Statement of Rccommendcd Practice applicable to charities preparing their accounts in
accordattec with the Financial Reporting Stsndard applicable in the UK (FRS 102)
(effective I, January 2019}, the Companies Act 2006 and the Charities Act 2011. The
principal accoiinting poli¢ies adopted in the preparation of thc financial statcments are
as follows..
Prep9ration ofthe accounts on a going concern basis
The accounts have bcen prepared on a going concern basis. The Tn]stees consider that
there are no material uncertainties about Urban Challenge Limitcd's abilily to
continue as a going concern.
Income Recognition
Income Grants receivable and payable are accnted to the Income and Expenditure
Account for the period lo which they ielate.
Donjtions and Grants
Income from donations and grants, including capital grants, are included in incoming
resources ivhen these are receivable, except as follows..
When donors specify ihat donations and grants given to the Charity must be
used in future accounting periods, the income is deferred until those periods.
When donors impose conditions which have to be fulfilled before the Charity
becomes entitled to use such income, the income is dcferred and not included
in incoming resources until the pre-conditions for usc have becn met.
When donors specify ihal donations and grants, including capital gi'ants, ar¢ lor
particulai restricted purposes, which do not amount to pre-conditions regaiding
entitlement, Ihis income is included in incoming resources of restri¢led funds wheii
receivable.
Resources Expended
Liabilities Are recognised as expei)diture as soon as ihere is legal or constructive
obligation committing the Charity to that expenditure, it is probable that a traiisfer of
e¢onoinic benefit will be required in scttlement and the amount of obli&yation can be
measured reliably. Expenditure is a¢counted for on an accruals basis, inclusive of any
VAT, and has been classified under headings that aggregate all Cost related to the
Lategory. Where eoqtq cannot be directly attributed lo particular headings thcy have
been allocated to activities on a basis consistent with the use of resources.
Thcse are split between the ¢081 of generating funds, charitable activities and
gov¢rnance CObt5, according lo their naturc.
SAUL
FAIRHOLM

16.
URBAN CHALLENGE LILNIITED
Notes to the Accounts for the
ear endcd 31"March 2021 (Cont'd)
ACCOUNTING POLlCtES (CONT'D)
Resources Expended (Cont'd)
Expenditurc on charitablc activitics is incu￿ed on directly undertaking the activities
which further the Cbaritie's objectives, as well as any support costs.
Interest Receivable
Interest is included when receivable by the Charity.
Fund Accounting
Funds held by the Charity are either..
Unrestrictcd gcncral funds- these ale funds which Can be uscd in accordallce
with the charitable objects at the discrction of the Trustees.
Restricted Funds
these are ￿ndS that can only be used for particular
restricted purposes within the objects of the Charity. R¢stiictions arise when
specified by the donor or wh¢tL funds are raised for particular restricted
purposes.
Further explallation of the nature and PUTpose of each fund is included in the notes to
th¢ financial statements.
Tangible Fixed Assets
Tangible fixed assets are stated at cost Icss depreciation. Depreciation is ¢alculated to
Tile off cost less any residual value on a Straight linc basis over their estimated
useful lives as follows=
Annual Rate
Office Equipment
Tangible fixed assets which cost less than £1 00 are not considered material and are
written off in full in the period in which the expense is incu￿ed.
Debtors
Trade and other debtors are recogniged at the settlement amount due after trade
discount offer¢d. Prepayments arc valued at the amount prepaid after taking account
of any trade discowils due.
Cash #t bank and in hand
Cash at bank and in hand incliides cash and short term investments with a maturity
date ol l year fonn the dale of acquisition or opening of the deposit or similar ￿COUnt.
Credltors and provisions
Creditors aiid provisions are recognised wh¢r¢ the charity has a present obligation
resulting froTn a past event that will probably result in the transfer of funds to a third
party and the amount duc to settle Ilie obligation Lan be measured or egtimated
rcliably. Crediiois and provisions are nomially recogni5ed at iheii settlement amount
aftcr allowing for any trade discounts duc.
SAUL
FAIIIHOLM

17.
URBAN CHALLENGE LIMITED
Lyotes to the Accounts for the
ear ended 31" March 2021 (Cont'd}
ACCOUN'fiNG POLICIES (CONT'D)
Pension Costs
Thc Charity parti¢ipates in a defined contribution scheme. Pcnsion costs rcpresenl the
amount payable by the Company in respcct of the year.
CRITICAL ACCOUNTIIYG ESTIMATES AND AREAS OF JUDGEMENT
Estimates and judgements are continually evaluated and are based on historical experience and
other factors. inelllding expectations of fiiture events that arc believed to be reasonable under
the circumstanees.
The Charity makes estimates and assumptions concerning the future. The resulting estimates
and assumptions will, by definition, seldom equals the related ac￿al results. The esltn]ales and
assumptions that have a significant risk ot. causitLg a material adjustment to the carrying
amounts of assets and liabilities within the next Iinancial year are discussed below.
Key sources of estimation uncertainty..
Tangible fixed a&gets, other than investment properties ale depreci&ted over their uscful lives
taking into 2ccount residwal values, where appropriatc. The £lCtual lives of the assets and
residual values are assumed annually and may vary depcnding on a number of faLtors. In rc-
assessing asset lives, taclors such as technological innovation, product life cycles and
maintenance programmes arc taken into account. Residual valu¢ assessments consider issues
such as future n￿rket conditions, the Icrnaining life of the asset and projected disposal values.
IVIEMBERS GUAIL4NTEE
The Cumpany is a registered chariiy limited by guarantee with the liability of each of the
Members being limited to £10.
SAiIL
FAIRHOLM

18.
URBAN CHALLENGE LI.MITED
Note5 to the Accounts for the
ear ended 31st March 2021 (Cont'd)
II¥JCOML E FROM CHAIUTABLE ACTIVITIES
The income is attributablc to thc Charity's principal activily, namely, that of co-ordinating
with local communitics in Lincolnshire to support projects dealing with thc problems of urban
development.
2021
2020
In¢oin¢ comprises..
Restricted
The Nalional Lottery CoTnrnunity Fund and ESF Building
Better Opporhmities Grant- Steps Fonvard
Tbe National Lottery Community Fi￿d
Lincolnshire County Couiicil
Acis Youth Employer SllPPOrt
West Lindsey District Coulleil
NHS Lincolnshire West CCG
City of Lincoln Council
The National Lottery Communily Fund- Covid 19
The National Lottery Commullity Fund and ESF Building
Better Opportunities Grant
HMRC JRS Grant
West Lindsey District Council- Safer Streets
Departmcnt of Wuik & Pensions
Liticolnshire County Council - Green Space Grant
Lincolnshire County Council
Covid 19 Vaccine
Progratnme
NHS %ouih West Lincolnshire CCG
5,788
15,021
244,000
34.483
25.000
212,334
8,627
14,696
244,000
28,281
33,000
212.537
23,800
29,000
709,462
5,073
5,925
13.600
5,000
41,508
746,534
161,165
73,213
1,507,359
Unrestricted
Lincs Community Fund- Covid 19
Anglian Water
Other Ii)comc
1,384,688
10,000
7,350
24,257
6,206
1,523,565
1,416.295
INVESTMENT INCOME
2021
2020
In¢ome comprises..
Bar& Interesr Receivable
SAUL
FAIRIIOLM

19.
URBAN CHALLENGE LIMITED
Notes to the Accounts for the
ear ended 31" March 2021 (Cont'd)
ANAL YSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
2021
2020
Staff Costs
LCVS LSDO Contraet
Other Direct Costs
The National lottery Community Fund and ESF Building
Better Opportunities Grant
644,942
141,181
30.210
469,592
141,957
18,160
530.991
600,653
1,347,324
79,031
4,000
1,230,362
102,562
4.000
Siipport Costs {analysed bclow}
Governance Costs- Auditors Remuneratioll
1,430,355
1,336,924
The Charity receiv¢s grants to deliver voluntary services in the West Area of Lincolnshire.
The Charity administers a proportion of its grants onto other partners in the venture. as well as
utilising their share lo dcliver seryices in Lincoln. This includes providing non material grants
to other institutions in order to achieve its aims.
Total expendits￿e was £1,430,355 (2020.. £1.336.924) of which £1.429,750 (2020 .
£1,320,470) was restricted and £605 {2020 '. £16,454) was unrestricted.
SUPPORT COSTS
2021
2020
Rent and Rates
OtTice Accessories and Equipincnt
Piintiiig, Stsiioneiy and Postage
Room Hirc and Rcfrcshmcnts
Other Accountancy Services
Consultancy Fecs and other Professional Costs
Travelling Expenses
Other Support Costs
19,480
15,816
6,658
4,586
966
20,667
22,993
11,330
7.784
1,190
2,255
16,099
20,244
5,465
26,060
79,031
102,526
Support costs ale allocated in their entirety to the Charity's principal activity.
SAIIL
FAIRHOLM

20.
URBAN CHALLENGE LIMI'I'ED
Notes to the Accounts for the
egr ended 31" March 2021 (Cont'd)
NET INCOME FOR THE YEAR
2021
2020
This is stated after charging..
Dcprcciation
Staff Costs (Note 81
Auditors Reinuneration - Audit Fee
- Oiher A8surance Services
9,510
644,942
4.000
966
7,173
469,592
4,000
1.190
ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION AND EXPENSES
2021
2020
Wages and Salaries
Social Security Costs
Pension
Training
587,050
34,496
22,187
1.209
422.082
28,878
17,721
911
644,942
469,592
The average weekly number of employees
durAn¥ thc year was as follows..
Tr4umber
Number
Office and Management
31
23
No employees have emoluments in exce98 of £60,000 per annum.
No Trustees received reimbursement for expenses incurrcd during the year ended 31. March
2021 or 31. March 2020.
The total cmploym¢nt benefits of the key management personnel of the ehartty were £43,344
(2020. £42,914).
io.
TAXATION
There was no liability to corporntion tax for the CLtrrent or previous year.
SAUL
FAIRHOLM

21.
URBAN CHALLENGE LIMITED
Notes to the Aecounts for the ear ended 31" March 2021 (Cont'd)
TANGIBLE FIXED ASSETS
O￿llee
ui
Total
COST:
At I" April 2020
Additions
Disposals
34,681
5,567
34,681
5,567
At 31"Mareh 2021
40,248
40248
DEPRECIATION:
At I"April 2020
Charge for the Year
On Dispo8als
17,448
9,510
17,448
9,510
At 31"March2021
26,958
26,958
NET BOOK VALUE:
At 31'March 2021
13,290
13,290
At 1st Aprtl 2020
17,233
17,233
12.
DEBTORS
2021
2020
Amounts due within one y¢ar'.
Trade debtors
Prepayments
47,433
1,030
6,542
937
48,463
7,479
13.
CREDITORS
2021
2020
Amounts falling due within one year=
Accrued Expenges
4,000
SAUL
FAIRHOLAI

22.
URBAN CHALLENGE LIMITED
Notes to the Accounts for the
ear ended 31" March 2021 (Cont'd)
14.
ANALYSIS OF CHARITABLE FUNDS
A$ at 31" March 2021
At Incomlng Outgoing
31.3.2020 Resources
Resource5
At
31J.2021
Transfers
Restricted Funds
The National Lottery Comm¥nity
Fund and ESF Building Better
Opportunities Grant - Steps
Fonvard
NHS Lincolnshire West CCG
City of Lincoln Council
Nel￿bOurhood Boards
Lincolnshiie County Council
West Lindsey District Council
The National Lottery Community
Fund and ESF Building Better
Opportunities ITrant
The National Lottery Community
Fund- Lincoln
Neighbourhoods Together
Netwoi'k
The National Lottery Community
Fund - Covid-19
West Lindscy District Council
Safer Streets
Lincolnshire County Council
Covid-19 Vaccine Prograrnme
Department for Work & Pensions
- The Network
ACIS
Youth and Employer
Support Fund
Lincolnshire County
Couiilil - GTeen Space Grani
HMRC- JRS Furlough Graiit
NHS South Wesl Lin¢olnshire
CCG
5,788
212,334
5,213
212,334
(575)
5,058
668
244,000
25,000
4.390
244,000
25.000
4,120
709,462
663,873
(30,164)
19,545
15,021
13,519
(1,502}
29,000
29,150
150
5,925
5.546
379
41,508
24,181
17,327
13,600
13.600
34,483
34,483
5,000
5,073
161,165
1,500
5,929
150,754
3,500
856
73,213
83,624
Unr¢stricted Funds
Non-Designatcd Funds
82,391
1,507,359
1,429,750
(31,235)
128,765
123,322
16,207
605
31,235
Total Funds
170,159
205,713 1,523,566
1,430,355
298,924
SAUL
FAIRHOLM

23.
URBAN CHALLENGE LIMIT
Notes to the A¢counts for the
ear ended 31st March 2021 (Cont'd)
14.
ANALYSIS OF CHARITABLE FUNDS
CON'f'D
As at 31°, March 2020
At Incomillg
31.3.2019 Rc50urces
Outgoing
Resources
At
31.3.2020
Transfers
Restricted Funds
The National Lottery
Community Fund and
ESF Building Berter
Opportunities Grant-
SI¢pb Forward
NHS Lincolnshire West
CCG
City of Lincoln Council
Neighbourhood Boards
Lincolnshire
Coiinty Couneil
West Lindsey District
Council
The National Lottery
Community Fund and
ESF Building Better
Opportunities Grant
The National Lottery
Comtllunity Fund
ACIS - Youth and
Employcr Siipport
City of Lincoln Council
Controlling Migration
Fund
NHS South West
Lincolnshi￿ CCG
8,627
7,446
(1,181)
212.537
212,537
3,842
7,000
5,784
5,058
244,000
251.213
7.213
33,000
33.000
29,066
746.534
750,713
(20,767)
4120
14,696
14,696
28,281
28,281
16.800
16,800
73,213
32,908
1,384,688
1,320,470
(14,735)
82,391
Unrestricted Funds
Non-Designated Funds
93,429
31,6l2
16,454
14,735
123.322
Tot21 Funds
126,337 1,416,300
1,336,924
205,713
Restrleted Fund$
Resthctcd Funds are rcceived from a number of sources to fund projects fortning the core activities of th¢
Company.
The N'ational Lottery Community Fund and ESF Building Better Opportunities Grant, Big Lottery
Fund and ESF Building Better Opportunities Grant Steps Forward & The National Lottery
Community Fund- Lincoln Neighbourhoods Together Network
The transfer from these reslrictcd funds to unrcstricted funds in the years end¢d 31, March 202 land 31$1
Mareh 2020 rclate to a 150/0 ￿ld IOth/o COI)tribulion within the grant agreetnent towards unrestricted
indirect costs.
SAUL
FAIRHOLM

24.
URBAN CHALLENGE LIMITED
Iyotes to the Accounts for the
ear ended 311t March 2021 (Cont'd)
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Restricted
Funds
Funds
Fiind BalanLes at 31" March 2020 are represented by:
Fixed Assets
Current Assets
cll￿ent Liabilities
17,234
110,088
(4,000)
82,391
Total Net Assets
123,322
82,391
Unrestricted Restrieted
Funds
Funds
Fund Balances at 31" March 2021 are represented by..
Fixed Assets
Currcnt Assets
Current Liabilities
13,290
160,869
(4,000)
128,765
Total N¢t Assets
170,159
128,765
16.
PEN'SION COSTS
The Charity operates a defined contribiition pellsion scheme. Pei)sions costs during the year
lolalled £22,187 {2U20.. £17,721). Th¢r¢ were no amounts unpaid as at 31 # March 2021 or
31 March 2020.
SAUL
FAIRHOLM

25.
URBAN CHALLENGE LIMI ITED
Detailed Income and Ex
enditure Account for the
ear ended 31" March 2021
2021
2020
Other Public Funding
City of Lincoln Council - Neighbourhood Boards
City of Ltncoln c.ouncil - Controlling Migration Fund
Lincolnshire County Council
The National Lottery Community Fund
Thc National Lottery Community Fund aL]d ESF Building Better
Opportunities Grant
West Linds¢y District Council
Other
NHS Lincolnshire West CCG
Anglian Water
Acis- Youth and Employer Support
Tbe National Lottery Community Fund and ESF Building Better
Opportunities Grant- Steps Forward
Princes Trust- Talent Match
NHS South West Lincolnshire CCG
Lincolnshire County Council - Covid 19 Vaccine Programme
- The National Lottery Community Fund- Covid 19
Department of Work & Pensions - The Network
Lincolnshire County Council - Green Space Grant
- HMRC- JRS Furlough Grant
West Lindsey District Council - Safer Streets
Lincs Community Fund- Covid 19
7,000
16,800
244,00
14,696
746,534
244,000
15,021
709,462
25,000
6,206
212,334
33,000
24,257
212,537
7,350
28,281
34,483
5,788
8,627
161.165
41,508
29,000
13,600
5,000
5,073
5,925
i 0,000
73,213
1,523,565
1,416,295
INVESTMENT INCOME
Iiiterest Rcceived
TOTAL INCOME
1.523,566
1.416,300
SAUL
FAIRHOLM

26.
URBAN CHALLENGE LIMITED
Detailed Income and Ex
enditure Account for the
ear ended 31" M3rch 2021 (Cont'd)
2021
2020
TOTAL INCOME BROUGHT FORWARD
1,523,566
1,416,300
ELWIPLOYMENT COSTS
Employm¢nl Costs - Direct Employees
644,942
469,592
DIRECT COSTS
Participant Expenses and Allowances
Other
Lincolnshirc Community and Voluntary
Services LSDO Contract
The Naliunal Lottery Community Fund and
ESF BuildiLig Better Opportunities Grant
The National Lottery Commiinity Fund -
Lincoln Neighbourhood Together Nctwork
Neighbouihood Awards
The Network - DWP
Green Spaces
4,132
4790
4,068
3,958
141,181
141,957
530,991
600,653
5520
668
13600
1500
10,134
702,382
760,770
176,242
83.031
185.938
106,562
OVERHEADS (Pagt 26)
SURPLUS FOR THE YEAR
93.211
79,376
SAUL
FAIRHOLM

27.
URBAN CHALLENC.E LIMITED
Schedule ol Overheads for the
ear ended 31°, March 2021
2021
2020
OVLRHEADS
Rent and Rates, Light and Heat
19,480
20,667
Office Accessories, Equipment and Repairs
15,816
22.993
Printing, Stationery and Postage
6.658
11,330
Room Hire and Refrcshments
4,586
7,784
Insurances
1,740
1,765
Audit Fee and Other Services
4,966
5.190
Consultancy Fees and other Professional Costs
2,255
Telephone
9,015
7,937
Bank Charges
431
377
Travelling Expenses, etc
5.465
16,099
Sundry Expenses
5,364
2,895
Advertising
97
Depreciation
9,510
7,173
83.031
106,562
SAUL
FAIRHOLM