## ## ## ||||||||Page| |---|---|---|---|---|---|---|---| |Trustees'
annual
report (incorporating||||the|director's|report)|| |Independent|examiner's
report||to the|trustees|||| |Statement
of|financial|activities|(including||income and expenditure||| |account)|||||||| |Statement
of|financial|position|||||10| |Statement
of|cash flows||||||| |Notes to the financial||statements|||||12| |The following|pages|do not form part ofthe financial statements|||||| |Detailed statement
of||financial|activities||||25| |Notes to the detailed||statement|offinancial||activities||27| ## ## ## |The trustees,|The trustees,|who||are|also the|also the|directors
for the|purposes|of company|law,|present|present|their|report|report|and|the| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |unaudited|financial||statements|||of|the charity for the year ended||31 March 2022.||||||||| |Reference|and administrative|||||details|||||||||||| |Registered|charity|||name|||StWerburghs|Community|Association||||||||| |Charity registration||||number|||1074495||||||||||| |Company|registration||||number||3713212||||||||||| |Principal office and||||registered|||StWerburghs|Community|Centre||||||||| |office|||||||Horley Road||||||||||| ||||||||StWerburghs||||||||||| ||||||||Bristol||||||||||| ||||||||BS29TJ||||||||||| |The trustees|||||||||||||||||| ||||||||ASAhmadi||||||||||| ||||||||D A Clough||||||||||| ||||||||F M Jeddere-Fisher||||||||||| ||||||||R Hackett||||||||||| ||||||||L M Porter||||||||||| ||||||||V N Spence||||||||||| ||||||||T M Youngman|||(Resigned||27January|||2022)||| ||||||||Dr G A Bottrill||||||||||| ||||||||B0Agora||||||||||| ||||||||M BLloyd - Jones|||(Resigned||2 November|||2021)||| ||||||||RL Dixon|||(Appointed||27|January||2022)||| ||||||||C Kendall
Muniesa|||(Appointed||27|January||2022)||| |Company|secretary||||||MR Ong||||||||||| |Independent||examiner|||||Paul Cridland|FCA|||||||||| ||||||||61 Macrae Road||||||||||| ||||||||Ham Green||||||||||| ||||||||Bristol||||||||||| ||||||||BS20ODD||||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022||2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| ||||funds|funds|Total funds|Total funds| |||Note||||6| |Income and endowments||||||| |Donations
and grants|||48,071|71,437|119,508|521,031| |Charitable
activities|||169,229|2,415|171,644|43,861| |Investment
income|||26||26|128| |Total income|||217,326|73,852|291,178|565,020| |Expenditure||||||| |Expenditure
on charitable|activities|8,9|245,636|123,968|369,604|508,486| |Total expenditure|||245,636|123,968|369,604|508,486| |Net (expenditure)/income|and net|movement||||| |in funds|||(28,310)|(50,116)|(78,426)|56,534| |Reconciliation
offunds||||||| |Total funds brought
forward|||282,579|848,808|1,131,387|1,074,853| |Total funds carried forward|||254,269|798,692|1,052,961|1,131,387| ## ## ## ## |31 March 2022||||||| |---|---|---|---|---|---|---| |||||Note|2022
f|2021
f| |Fixed assets||||||| |Tangible fixed assets||||14|766,408|805,298| |Current assets||||||| |Stocks||||15|473|473| |Debtors||||16|11,874|7,025| |Cash at bank and|in|hand|||288,463|343,752| ||||||300,810|351,250| |Creditors: amounts||falling|due within one year|17|14,257|25,161| |Net current assets|||||286,553|326,089| |Total assets less|current||liabilities||1,052,961|1,131,387| |Net assets|||||1,052,961|1,131,387| |Funds ofthe charity||||||| |Restricted funds|||||791,118|848,808| |Unrestricted
funds|||||261,843|282,579| |Total charity funds||||19|1,052,961|1,131,387| ## ## ## ## |Year ended 31 March|2022|||| |---|---|---|---|---| ||||2022|2021| |||||6| |Cash flows from operating|activities|||| |Net (expenditure)/income|||(78,426)|56,534| |Adjustments
for:||||| |Depreciation
oftangible fixed assets|||38,890|39,267| |Dividends,
interest and rents|from investments||(26)|(128)| |Interest payable
and similar charges
Accrued expenses|||2,374
697|554
176| |Other operating
cash flow adjustment||||(1)| |Changes/n:||||| |Trade and other debtors|||(4,849)|12,166| |Trade and other creditors|||(11,601)|13,690| |Cash generated
from operations|||(52,941)|122,258| |Interest
paid|||(2,374)|(554)| |Net cash (used in)/from
operating
activities|||(55,315)|121,704| |Cash flows from investing|activities|||| |Dividends,
interest and rents|from investments||26|128| |Purchase
oftangible assets||||(905)| |Net cash from/(used
in) investing
activities|||26|(777)| |Net (decrease)/increase
in|cash and cash|equivalents|(55,289)|120,927| |Cash and cash equivalents|at beginning|ofyear|343,752|222,825| |Cash and cash equivalents|at end ofyear||288,463|343,752| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---|---|---| |||||||Funds|Funds|2022| |||||||E|f|| |Donations||||||||| |Donations
- management||fees||||590|7,428|8,018| |Donations
&fundraising||||||1,282|2,169|3,451| |Food bank online donations||||||||| |Grants||||||||| |BCC Bristol Impact Fund||||||15,113||15,113| |BCC Business Rates Covid-19|||Support|||||| |Quartet
Community
Foundation|||- Funding||the Future||29,379|29,379| |Miscellaneous
grants receivable||||||12,000|25,677|37,677| |Power to Change: Community|||Business||Fund - Capital|||| |Power to Change: Community|||Business||Fund - Digital||6,784|6,784| |Enovert Community
Trust||||||||| |Ibstock Enovert Trust||||||||| |The National
I ottery Covid response||||grant||||| |BCC Covid support
grant||||||||| |HMRC job retention
scheme||||||1,766||1,766| |PTC emergency
trading|support|||||||| |PTC business
development||support||||||| |CAF resilience
fund||||||||| |BCC self isolation grant||||||16,000||16,000| |Subscriptions||||||||| |Members
subscriptions||||||1,320||1,320| |||||||48,071|71,437|119,508| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2021| |||||||E|F|8| |Donations||||||||| |Donations
-management|fees|||||250|1,400|1,650| |Donations
&fundraising||||||240|9,155|9,395| |Food bank online donations|||||||3,008|3,008| ## ## ## ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |||||Funds|Funds|2021| |||||8|F|f| |Grants||||||| |BCC Bristol Impact Fund||||30,671||30,671| |BCC Business Rates Covid-19||Support||41,071||41,071| |Quartet Community
Foundation||- Funding|the|Future||| |Miscellaneous
grants receivable|||||38,470|38,470| |Power to Change: Community||Business|Fund|- Capital|141,429|141,429| |Power to Change: Community||Business|Fund|- Digital|19,108|19,108| |Enovert Community
Trust|||||50,000|50,000| |Ibstock Enovert Trust|||||15,000|15,000| |The National
Lottery Covid response
grant|||||36,152|36,152| |BCC Covid support
grant||||22,000||22,000| |HMRC job retention
scheme||||30,116||30,116| |PTC emergency
trading
support|||||30,000|30,000| |PTC business
development|support||||8,000|8,000| |CAF resilience
fund|||||44,563|44,563| |BCC self isolation grant||||||| |Subscriptions||||||| |Members
subscriptions||||398||398| |||||124,746|396,285|521,031| |The miscellaneous
grants of|837,677 (2021 838,470)comprise:|||||| |||||||2022| |||||||8| |John James Foundation||||||1,360| |Voscur TIF Phase 2||||||9,817| |Burges Salmon for Food Bank||||||4,000| |The National
Lottery Community||Fund - digital||inclusion||10,000| |BCCBusiness Restart Grant||||||12,000| |Anchor Society||||||500| |The Management
Fees off7,428 (2021 88018)comprise:||||||| |||||||2022| |||||||8| |Wesport TIF Phase 3||||||4,728| |Health
Equalities
Partnership|-|Care Forum||||1,000| |Other Miscellaneous
smaller|donations|||||1,700| ## ## ## ## ## |6.|Charitable
acti|vities||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds| |||||Funds
f.|Funds
f|2022
f| ||Rental income|and room hire||155,083||155,083| ||Catering
income|||4,644||4,644| ||Bar income|||2,214||2,214| ||Office services|||1,858||1,858| ||Tai Chi class fees||||1,219|1,219| ||Raking and baking class income||||134|134| ||Electricity feed|in tariff||1,478||1,478| ||Sundry income|||3,952|1,062|5,014| |||||169,229|2,415|171,644| |||||Unrestricted|Restricted|Total Funds| |||||Funds
f.|Funds
f.|2021
f| ||Rental income|and room hire||40,461||40,461| ||Catering
income|||855||855| ||Bar income|||||| ||Office services|||345||345| ||Tai Chi class fees||||340|340| ||Raking and baking class income|||||| ||Electricity feed|in tariff||1,789||1,789| ||Sundry income|||71||71| |||||43,521|340|43,861| |7.|Investment
income|||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds
f|2022|Funds
f|2021
f| ||Income from cash investments||26|26|128|128| ## ## ## ## |8.|Expenditure|on charitabl|e|acti|vities
by fund|type|||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2022| ||||||||f||| ||Operation
of|the community||association|||243,813|123,968|367,780| ||Support costs||||||1,823||1,824| ||||||||245,636|123,968|369,604| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2021| ||||||||f||f| ||Operation
of|the community||association|||122,330|384,385|506,715| ||Support costs||||||1,771||1,771| ||||||||124,101|384,385|508,486| |9.|Expenditure|on charitable||activities by activity type|||||| |||||||Activities|||| |||||||undertaken||Total funds|Total fund| |||||||directly
f.|Support costs
f.|2022
f|2021
f| ||Operation
of|the community||association||367,780||367,780|506,715| ||Governance|costs|||||1,824|1,824|1,771| |||||||367,780|1,824|369,604|508,486| |10.|Net (expenditure)/income||||||||| ||Net (expenditure)/income||is|stated after charging/(crediting):|||||| |||||||||2022|2021| ||||||||||f.| ||Depreciation|of tangible fixed assets||||||38,890|39,267| |11.|Independent|examination||fees|||||| |||||||||2022
f.|2021
f| ||Fees payable|to the independent|||examiner for:||||| ||Independent|examination|ofthe||financial statements|||1,770|1,770| ## ## ## ## ## |Staffcos|ts||||| |---|---|---|---|---|---| |The total|staff costs and|employee|benefits for the reporting|period are analysed as follows:|| |||||2022|2021| ||||||6| |Wages and salaries||||180,799|160,064| |Social security costs||||5,964|6,209| |Employer|contributions|to pension|plans|8,778|8,490| |||||195,541|174,763| ## ## |No remuneration
Tangible fixed|or expenses were
assets|paid to.trustee|s.|||| |---|---|---|---|---|---|---| |||Long|||Computer|| |||leasehold|Outside|Office|and cafe|| |||property|equipment|equipment|equipment|Total| |||6|8|8|8|| |Cost||||||| |At 1 April 2021 and||||||| |31 March 2022||1,083,650|10,403|33,474|31,056|1,158,583| |Depreciation||||||| |At 1 April 2021||287,785|6,714|30,336|28,450|353,285| |Charge for the|year|36,122|922|977|869|38,890| |At 31 March 2022||323,907|7,636|31,313|29,319|392,175| |Carrying
amount||||||| |At 31 March 2022||759,743|2,767|2,161|1,737|766,408| |At 31 March 2021||795,865|3,689|3,138|2,606|805,298| |Stocks||||||| ||||||2022|2021
f| |Raw materials|and consumables||||473|473| ## ## ## ## ## ## ## |Debtors|||| |---|---|---|---| |||2022|2021| |Trade debtors||9,751|4,902| |Prepayments|and accrued income|2,058|2,058| |Other debtors||65|65| |||11,874|7,025| |17.|Creditors: amounts|falling due within one year||| |---|---|---|---|---| ||||2022
f|2021| ||Trade creditors||11,732|19,309| ||Accruals and deferred|income|2,225|1,528| ||Social security and other taxes||97|3,847| ||Other creditors||203|477| ||||14,257|25,161| ## ## ## ## ## ## ## |Unrestricted
funds|||||||| |---|---|---|---|---|---|---|---| ||||||||At| |||||||31 March 202|| |||At 1 April 2021
F|Income|Expenditure
F|Transfers
f||2
f| |Unrestricted
-general|fund|210,288|217,326|(245,636)|7,574||189,552| |General
building
fund||19,125|||||19,125| |Major building
repairs||34,457|||||34,457| |Maternity
leave fund||18,709|||||18,709| |||282,579|217,326|(245,636)|7,574||261,843| ||||||||At| |||At 1 April 2020
F|Income
f.|Expenditure
F|Transfers|31|March 2021
f| |Unrestricted
-general|fund|151,492|168,395|(124,101)|14,502||210,288| |General
building
fund||19,125|||||19,125| |Major building
repairs||34,457|||||34,457| |Maternity
leave fund||14,391|||4,318||18,709| |||219,465|168,395|(124,101)|18,820||282,579| |Restricted funds|||||||| ||||||||At| |||||||31 March 202|| |||At 1 April 2021
f|income
f|Expenditure
F.|Transfers
f||2
F| |Restricted
capital fund||786,197||(35,737)|||750,460| |Refurbishment
of|||||||| |reception
and room 7||1,086|||(1,086)||| |Werbuzz Werbuzz||1,392|||(1,392)||| |Raking and baking||29,403|634|(14,542)|(3,024)||12,471| |Picnic in the park||1,500|1,993|(2,820)|(673)||| |Festive friends||1,381|2,815|(2,868)|(155)||1,173| |Tai chi project||616|1,219|(1,000)|(164)||671| |Old scholars||100|||||100| |Stay and play||158|105|(100)|||163| |Community
business|fund|13,711||(13,711)|||| |Match Capital|||||||| |Community
business|fund||||||| |Digital||4,539|6,784|(11,323)|||| ## ## ## ## |Analysis ofch|aritabl|e
fu|nds
(continued)|||||| |---|---|---|---|---|---|---|---|---| |Match Digital|||2,582||(2,582)|||| |Food bank|||4,154|4,691|(7,783)|(270)||792| |Lobby lighting||||||||| |Winter grant||||||||| |BDSfund||||||||| |PTC covid emergency||||||||| |trading
fund||||||||| |CAF reilience fund||||||||| |Befriending||||||||| |The national
lottery covid||||||||| |response||||||||| |Community
Fund|||250||(190)|||60| |Art club||||687|(14)|(210)||463| |BDSfund|||1,739||(1,739)|||| |Sport England||||14,545|(13,465)|(600)||480| |Funding
the Future||||29,379|(11,341)|||18,038| |Health
Equality||||||||| |Partnership||||1,000|(1,000)|||| |NL Community|Fund for|||||||| |Digital inclusion||||10,000|(3,753)|||6,247| ||||848,808|73,852|(123,968)|(7,574)||791,118| |||||||||At| ||||At 1 April 2020
f|Income
f|Expendituref|Transfers
f.|31|March 2021
f| |Restricted
capital fund|||821,933||(35,736)|||786,197| |Refurbishment|of|||||||| |reception
and room 7|||1,086|||||1,086| |Werbuzz Werbuzz|||1,392|||||1,392| |Raking and baking|||16,467|16,500|(3,564)|||29,403| |Picnic in the park||||1,500||||1,500| |Festive friends|||475|3,719|(2,309)|(504)||1,381| |Tai chi project|||476|440|316|(616)||616| |Old scholars|||100|||||100| |Stay and play|||88|70|616|(616)||158| |Community
business||fund|789|141,429|(128,507)|||13,711| |Match Capital|||5,000|65,000|(70,000)|||| |Community
business||fund||||||| |Digital||||19,108|(14,569)|||4,539| |Match Digital|||7,582||(5,000)|||2,582| |Food bank||||17,794|(8,040)|(5,600)||4,154| |Lobby lighting||||4,000|(4,000)|||| |Winter grant||||8,000|(8,000)|||| ## ## ## ## ## |Yea|r ended 31 March|2|022|||||||| |---|---|---|---|---|---|---|---|---|---|---| |19.|Analysis ofcharitable||funds|(conti nuedj||||||| ||BDSfund|||||8,000|(6,261)|||1,739| ||PTC covid emergency|||||||||| ||trading
fund|||||30,000|(30,000)|||| ||CAF resilience fund|||||44,563|(40,279)|(4,284)||| ||Befriending|||||100|1,700|(1,800)||| ||The national
lottery covid|||||||||| ||response|||||36,152|(30,752)|(5,400)||| ||Community
Fund|||||250||||250| ||Art club|||||||||| ||BDSfund|||||||||| ||Sport England|||||||||| ||Funding
the Future|||||||||| ||Health
Equality|||||||||| ||Partnership|||||||||| ||NL Community
Fund for|||||||||| ||Digital Inclusion|||||||||| ||||||855,388|396,625|(384,385)|(18,820)|848,808|| |20.|Analysis ofnet assets||between||funds|||||| ||||||||Unrestricted|Restricted|Total Funds|| ||||||||Funds
f|Funds||2022
f| ||Tangible
fixed assets|||||||766,408|766,408|| ||Current assets||||||261,483|25,070|286,553|| ||Net assets||||||261,483|791,478|1,052,961|| ||||||||Unrestricted|Restricted|Total Funds|| ||||||||Funds
f|Funds
f||2021
f| ||Tangible fixed assets|||||||805,298|805,298|| ||Current assets||||||282,579|43,510|326,089|| ||Net assets||||||282,579|848,808|1,131,387|| |21.|Analysis ofchanges|in|net debt|||||||| ||||||||||At|| ||||||||At 1 Apr 2021
f|Cash flows
f|31 Mar|2022
f| ||Cash at bank and in hand||||||343,752|(55,289)|288,463|| ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |||||||6| |Income and endowments||||||| |Donations
and grants||||||| |Donations
- management||fees|||8,018|1,650| |Donations
8 fundraising|||||3,451|9,395| |Food bank online donations||||||3,008| |BCC Bristol Impact Fund|||||15,113|30,671| |BCCBusiness Rates Covid-19|||Support|||41,071| |Quartet
Community
Foundation|||- Funding|the Future|29,379|| |Miscellaneous
grants receivable|||||37,677|38,470| |Power to Change: Community|||Business|Fund - Capital||141,429| |Power to Change: Community|||Business|Fund - Digital|6,784|19,108| |Enovert Community
Trust||||||50,000| |Ibstock Enovert Trust||||||15,000| |The National
Lottery Covid||response grant||||36,152| |BCC Covid support
grant||||||22,000| |HMRC job retention
scheme|||||1,766|30,116| |PTC emergency
trading|support|||||30,000| |PTC business
development||support||||8,000| |CAF resilience fund||||||44,563| |BCCself isolation grant|||||16,000|| |Members
subscriptions|||||1,320|398| ||||||119,508|521,031| |Charitable
activities||||||| |Rental income and room|hire||||155,083|40,461| |Catering
income|||||4,644|855| |Bar income|||||2,214|| |Office services|||||1,858|345| |Tai Chi class fees|||||1,219|340| |Raking and baking class|income||||134|| |Electricity feed in tariff|||||1,478|1,789| |Sundry income|||||5,014|71| ||||||171,644|43,861| |Investment
income||||||| |Income from cash investments|||||26|128| |Total income|||||291,178|565,020| ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||F|| |Expenditure|||||| |Expenditure
on charitable||activities|||| |Purchases||||4,248|1,794| |Wages and salaries||||180,799|160,064| |Employer's
NIC||||5,964|6,209| |Pension costs||||8,778|8,490| |Rates and water||||4,417|3,432| |Light and heat||||9,308|8,963| |Repairs and maintenance||||30,573|54,381| |Insurance||||2,610|536| |Other motor/travel
costs||||1,262|20| |Legal and professional|fees|||11,299|18,192| |Telephone||||2,384|1,276| |Other office costs|||||1| |Depreciation||||38,890|39,268| |Other interest payable|and|similar charges||2,374|554| |Volunteer expenses||||92|| |Cleaning||||13,783|11,332| |Security||||9,131|4,306| |Refreshments||||1,331|1,569| |Print, post and stationery||||3,407|2,419| |Advertising
&promotion||||1,704|2,447| |IT maintenance
and software development||||2,768|3,875| |Training||||3,933|7,923| |Equipment
hire||||132|287| |Sundry expenses||||3,676|2,407| |Licences and subscriptions||||1,662|1,040| |Materials for classes||||999|456| |Conferences||||1,194|| |Casual staff||||16,834|22,250| |Subsistence - for support||with household|bills||6,260| |Event expenses||||1,774|1,142| |Community
Business Fund||- Capital expenses||2,079|133,082| |Food bank consumables||||2,199|4,511| |||||369,604|508,486| |Total expenditure||||369,604|508,486| |Net (expenditure)/income||||(78,426)|56,534| ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||||E|E| |Expenditure
on charitable|||activities||||| |Operation
ofthe community||||association|||| |Activities undertaken||directly|||||| |Bar and catering||||||4,248|1,794| |Staff costs||||||180,799|160,064| |Employer's
NIC||||||5,964|6,209| |Pension costs||||||8,778|8,490| |Rates &water||||||4,417|3,432| |Light 8 heat||||||9,308|8,963| |Repairs &maintenance||||||30,573|54,381| |Insurance||||||2,610|536| |Travelling||||||1,262|20| |Legal and surveying|fees|||||9,475|16,422| |Telephone||||||2,384|1,276| |Depreciation||||||38,890|39,268| |Bank charges||||||2,374|554| |Volunteer expenses||||||92|| |Cleaning||||||13,783|11,332| |Security||||||9,131|4,306| |Refreshments||||||1,331|1,569| |Print, post and stationery||||||3,407|2,419| |Advertising
& promotion||||||1,704|2,447| |IT maintenance
and|software development|||||2,768|3,875| |Training||||||3,933|7,923| |Equipment
hire||||||132|287| |Sundry expenses||||||3,676|2,407| |Licences and subscriptions||||||1,662|1,040| |Materials for classes||||||999|456| |Conferences||||||1,194|| |Casual staff||||||16,834|22,250| |Subsistence
-for support|||with|household|bills||6,260| |Event expenses||||||1,774|1,142| |Community
Business||Fund|- Capital expenses|||2,079|133,082| |Food bank consumables||||||2,199|4,511| |||||||367,780|506,715| |Governance costs|||||||| |Governance
costs —independent||||examiners|fee|1,824|1,770| |Governance
costs - other office costs|||||||1| |||||||1,824|1,771| |Expenditure
on charitable|||activities|||369,604|508,486|