2022-03-31-accounts - Reading Community Welfare Rights Unit

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		Pages
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Detailed Statement ofFinancial Activities		16

Statement ofFinancial Activiti for the year ended 31March	es 2022
		Unrestricted	Restricted
		funtls	funds	Total funds	Total funds
		2022	2022	2022	2021
	Notes	f	E	E
Income and endowments
from:
Donations and legacies		6,929		6,929	117
Charitable activities			128,819	128,819	129,927
Total		6,929	128,819	135,748	130,044
Expenditure on:
Other		96	139,205	139,301	119,864
Total		96	139,205	139,301	119,864
Net gains on investments
Net (expenditure)/income		6,833	(10,386)	(3,553)	10,180
Transfers between funds
Net (expenditure)/income before other gains/(losses)		6,833	(10,386)	(3,553)	10,180
Other gains and losses
Net movement in funds		6,833	(10,386)	(3,553)	10,180
Reconciliation offunds:
Total funds brought forward		117	28,372	28,489	18,309
Total funds carried forward		6,950	17,986	24,936	28,489

at 31March 202	2	2	2
Company No.	03626105			Notes	2022	2021
					6	6
Fixed assets
Tangible assets				9	2,259	3,208
					2,259	3,208
Current assets
Cash at bank and			in hand		50,684	51,053
					50,684	51,053
Creditors: Amount		falling due within one year		10	(28,007)	(25,772)
Net current assets					22,677	25,281
Total assets less	current liabilities				24,936	28,489
Net assets excluding			pension asset or liability		24,936	28,489
Total net assets					24,936	28,489
The funds ofthe	charity
Restricted funds
Restricted income			funds		17,986	28,372
					17,986	28,372
Unrestricted funds
General funds					6,950	117
					6,950	117
Reserves
Total funds					24,936	28,489

Unrestricted	Unrestricted	funds	funds	These are available for use at the discretion ofthe trustees in furtherance	These are available for use at the discretion ofthe trustees in furtherance	These are available for use at the discretion ofthe trustees in furtherance		of	the	the
				general objects ofthe charity.
Designated	funds			These are unrestricted funds earmarked by the trustees	for particular purposes.
Revaluation		funds		These are unrestricted funds which include a revaluation		reserve representing				the
				restatement of investment assets attheir market values.
Restricted	funds			These are available for use subject to restrictions imposed		by the donor	or	through
				terms of an appeal.
income
Recognition		of		Income is included in the Statement of Financial Activities		(SoFA) when the charity
income				becomes entitled to, and virtually certain to receive, the	income and the		amount of
				the income can be measured with sufficient reliability.
Income with		related		Where income has related expenditure the income and	related expenditure				is
expenditure				reported gross in the SoFA.
Donations	and			Voluntary income received by way of grants, donations and gifts is included				in		the
legacies				the SoFA when receivable and only when the Charity has		unconditional
				entitlement to the income.
Tax reclaims		on		Income from tax reclaims is included in the SoFAatthe same time asthe
donations	and		gifts	gift/donation to which it relates.
Donated services				These are only included in income (with an equivalent amount in expenditure)
and facilities				where the benefit to the Charity is reasonably quantifiable,		measurable	and
				material.
Volunteer	help			The value ofany volunteer help received is not included	in the accounts.
investment		income		This is included in the accounts when receivable.
Gains/(losses)			on	This includes any gain or loss resulting from revaluing investments to market					value
revaluation		of	fixed	at the end ofthe year.
assets
Gains/(losses)			on	This includes any gain or loss on the sale of investments.
investment		assets

3	Statement		ofFinancial		Activities - prior year
						Unrestricted	Restricted
						funds	funds	Total funds
						2021	2021	2021
Income and endowments				from:
	Donations		and legacies			117		117
	Charitable		activities			0	129,927	129,927
Total						117	129,927	130,044
Expenditure		on:
	Other					0	119,864	119,864
Total						0	119,864	119,864
Net	income					117	10,063	10,180
Net income before other gains/(losses)						117	10,063	10,180
Other gains and losses:
Net	movement		in funds			117	10,063	10,180
Funds brought			forward:				18,309	18,309
Total funds carried forward						117	28,372	28,489
4	Income from donations				and legacies
						Unrestricted	Total	Total
							2022	2021
						6,929	6,929	117
						6,929	6,929	117
5	Income from charitable				activities
						Restricted	Total	Total
							2022	2021
	Contract	Income				79,000	79,000	79,000
	Grant income					49,819	49,819	50,927
						128,819	128,819	129,927

N 6	otes to the Accounts Other expenditure
					Unrestricted		Restricted	Total	Total
								2022	2021
	Employee costs						111,000	111,000	99,766
	Motor and travel costs								60
	Premises costs						3,052	3,052	3,000
	Amortisation, depreciation,
	impairment, profit/loss	on					949	949	2,814
	disposal offixed assets
	General administrative	costs				96	19,462	19,558	9,617
	Legal and professional	costs					4,742	4,742	4,607
						96	139,205	139,301	119,864
7	Net (expenditure)/income		before transfers
							2022		2021
	This is stated after charging:						6		6
	Depreciation ofowned	fixed assets					949		2,814
8	Staff costs
							2022		2021
	Salaries and wages						102,499		96,436
	Social security costs						3,878		1,796
	Staff Training						2,400		10
	Pension costs						2,223		1,524
							111,000		99,766
	No employee received	emoluments		in excess	ofE60,000.
	The average monthly	number offull time equivalent				employees	during the year	was as follows:
							2022		2021
							Number		Number
	Manager/Caseworker
	Caseorker/ specialist advisor
	Volunteers
	Office Administration
	Assistant
	Accountant

9	Tangible fixed assets
			2022	2021
	Cost or revaluation		f	f
	At 1April 2021		8,420	8,420
	At 31March 2022		8,420	8,420
	Depreciation and
	impairment
	At 1April 2021		5,212	2,398
	Depreciation charge for the		949	2,814
	year
	At 31March 2022		6,161	5,212
	Net book values
	At 31March 2022		2,259	3,208
	At 31March 2021		3,288	2.752
10	Creditors:
	amounts falling due within one year
		2022		2021
		f		f
	Trade creditors	209		187
	Other creditors	665		297
	Accruals	246
	Deferred income	26,887		25,288
		28,007		25,772

1	Movement in funds
					Incoming
					resources		At 31
					(including	Resources	March
					other	expended	2022
			At	1April	gains/losses)
				2021
	Restricted funds:
	Restricted income funds:
	Reading Borough Council			28,372	79,000	(90,032)	17,340
	Reaching Communities				49,819	(49 173)	646
	Total			28,372	128,819	(139,205)	17,986
	Unrestricted funds:
	General funds			117	6,929	(96)	6,950
	Total funds			28,489	135,748	(139,301)	24,936
	Purposes and restrictions	in relation to the funds:
	Restricted funds:
	Reading Borough Council	Narrowing	the gap
	National Lottery	Reaching	Communities
12	Analysis ofnet assets between funds

12	National Lotter Analysis ofnet	y Reaching Com assets between funds	munities
			Unrestricted	Restricted	Total
			funds	funds
					f
	Fixed assets			2,259	2,259
	Net current assets		6,950	15,727	22,677
			6,950	17,986	24,936
13	Reconciliation	ofnet debt
					At 31
			At 1April		March
			2021	Cash flows	2022
			f.	f	f
	Cash and cash	equivalents	51,053	(369)	50,684
			51,053	(369)	50,684
	Net debt		51,053	(369)	50,684

	Annual co	mmitments under non-cancellable	operating leases are	as follows:
			2022	2022	2021	2021
			Land and		Land and
				Other		Other
			buildings		buildings
			f		f
	Operating	leases with expiry date:
	Pension commitments
				2022		2021
				f		f.
	The pension cost charge tothe company
	amounted	to:		2,223		1,524
15	Related party disclosures
	Controlling	partY

for the year ended 31M	arch 2022
		Unrestdcted	Restricted
		funds	funds	Total funds	Total funds
		2022	2022	2022	2021
		E	E	E	E
income and endowments	from:
Donations and legacies
		6,929		6,929	117
		6,929		6,942	117
Charitable activities
Contract Income			79,000	79,000	79,000
Grant Income			49,819	49,819	50,927
			128,819	128,819	129,927
Total income and endowments		6,929	128,819	135,748	130,044
Expenditure on:
Employee costs
Salaries/wages			102,499	102,499	96,436
Employer's NIC			3,878	3,878	1,796
Pension costs			2,223	2,223	1,524
Staff training			2,400	2,400	10
			111,000	111,000	99,766
Travel and subsistence					60
Premises costs
Rent			3,052	3,052	3,000
			3,052	3,052	3,000
General administrative	costs,
including depreciation	and
amortisation
Depreciation of			949	949	2,814
Bank charges			295	295	302
Equipment expensed					540
Equipment repairs and					1,200
maintenance
Generalinsurances			1,965	1,965	1,330
Software, ITsupport	and related		11,226	11,226	1,454
costs
Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband		96 96	221 2,458 526 2,771 20,411	221 2,458 622 2,771 20,507	77 923 956 2,835 12,431
teeal and professional	costs
Accountancy and bookkeeping			4,742	4,742	4,594

Reading Community Welfare Rights Unit Detailed Statement of Financial Activities	Reading Community Welfare Rights Unit Detailed Statement of Financial Activities
Other legal and professional					13
costs
			4,742	4,742	4,607
Total expenditure		96	139,205	139,301	119,864
Net gains on investments
Net (expenditure)/income		6,833	(10,386)	(3,553)	10,180
Net (expenditure)/income other gains/(losses)	before	6,833	(10,386)	(3,553)	10,180
Other Gains
Net movement in funds		6,833	(10,386)	(3,553)	10,180
Reconciliation offunds:
Tota I funds brought forward		117	28,372	28,489	18,309
Total funds carried forward		6,950	17,986	24,936	28,489