| YEAR ENDED 1APRIL 20 CONTENTS |
22 | ||
|---|---|---|---|
| Page | |||
| Chair's Report | |||
| Company Information |
|||
| Trustees' and Directors' |
Report | 3-6 | |
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Cash Flow Statement | 10 | ||
| Notes to the Financial | Statements | 11-18 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | |||
| Income from: Donations Charitable activities Other Trading activities Government Grants Investments |
6684 124852 71462 7938 22 |
397,598 | 6684 522450 71462 7938 22 |
4832 570776 36247 54846 151 |
|
| Total Income | 210958 | 397598 | 608556 | 666852 | |
| Expenditure on:- Charitable Activities Other |
152047 5898 |
397598 | 549645 5898 |
548011 6992 |
|
| Total Expenditure | 157945 | 397598 | 555543 | 555003 | |
| Net Income/(Expenditure) | 53013 | 53013 | 111849 | ||
| Reconciliation ofFunds: Fund Balances Brought Forward |
276411 | 276411 | 164562 | ||
| Fund Balances Carried Forward | 14 | 329424 | 329424 | 276411 |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS Tangible Assets Investment |
9 10 |
148004 I |
103184 1 |
||||
| CURRENT ASSETS Debtors Cash at Bank and In Hand |
31363 311570 |
10387 284989 |
|||||
| 342934 | 295376 | ||||||
| CREDITORS Amounts falling due in one year |
12 | 161515 | 122150 | ||||
| NET CURRENT ASSETS | 181419 | 173226 | |||||
| NKT ASSETS | 329424 | 276411 | |||||
| FUNDS Unrestricted |
13 | 329424 | 276411 | ||||
| TOTAL FUNDS | 329424 | 276411 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Net cash flow from operating | activities | 74845 | 115839 | |
| Cash flows from investing activities Interest received |
22 | 151 | ||
| Purchase ofPPE | (48286) | |||
| Net increase in cash and cash | equivalents | 26581 | 115990 | |
| Cash and cash equivalents at beginning |
ofthe year | 284989 | 168999 | |
| Cash and cash equivalents at the end of |
the year | 311570 | 284989 | |
| Reconciliation ofnet income |
and net cash flow | |||
| from operating activities |
||||
| Net income | 53013 | 111849 | ||
| Adjustments for: Interest receivable Depreciation Decrease/(increase) in debtors Decrease in creditors |
(22) 3464 (20975) 39365 |
(151) 3313 5378 (4550) |
||
| Net cash flow from operating | activities | 74845 | 115839 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | ||||
| 2.INCOME FROM DONATIONS General Donations |
6684 | 6684 | 4832 | |||
| 3.INCOME FROM CHARITABLE ACTIVITIES Rochdale MBC |
12636 | 12636 | 47970 54256 |
|||
| Big Lottery Lloyds TSB CCG/Gaddum Hopwood Hall College |
50000 30770 5568 |
50000 30770 5568 |
7775 18462 29922 30000 |
|||
| Youth Justice Service Tudor Trust BBCChildren in Need Henry Smith Grant |
2000 77964 30450 |
2000 77964 30450 |
16666 13076 55816 25000 |
|||
| Smallwood Trust Workers Educational Association Action Together |
5809 | 7960 26000 |
7960 31809 |
26902 29750 2000 |
||
| Uber Community Foundation Greater Manchester Combined |
Authority | 51835 | 51835 | 61329 20000 |
||
| Paul Hamlyn Foundation |
500 | |||||
| Cooperative Community Grant |
18000 | |||||
| Guinness Trust Community Foundation -Tampax Tax Funding |
8500 21575 |
|||||
| Forever Manchester | 1890 | |||||
| Pennine Care |
1966 | |||||
| Kashmir Youth Project Bauers Radio Station |
1785 | 1785 | 3465 5000 |
|||
| Unlimited Potential SIBFYouth Endowment Fund |
28789 | 28789 | 30056 36400 |
|||
| Early Break AB Charitable Trust Garfield Weston Foundation |
10000 | 13500 | 13500 10000 |
1500 1500 1500 |
||
| Apprenticeship Grant Oldham Council Answer Cancer Digital Inclusion Dudley CSC Caring Dads Support Employability Programme Home Start Pheonix Group Rochdale Community Safety Partnership Safelives StCuthberts Student Support Support Sessions EMR —European Metal Recycling NLDC NHS Haven LA Mentoring |
1000 19920 |
450 2499 40577 500 3600 420 15000 56668 3000 8100 150 8000 7500 |
450 249 40577 500 3600 420 15000 56668 3000 810 150 1000 19920 8000 7500 |
|||
| 124852 | 397598 | 522450 | 570776 |
| 4. INCOME FROM OTHER TRADING ACTIVITIES | 4. INCOME FROM OTHER TRADING ACTIVITIES | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Fundraising Events Rental Income Room Hire DBS&Report income |
60833 10075 554 |
36097 150 |
|||
| 71462 | 36247 | ||||
| 5.GOVERNMENT GRANTS |
2022 | 2021 | |||
| Coronavirus Job Retention Scheme RMBC Coronavirus Small Business Grant |
7938 | 39846 15000 |
|||
| 7938 | 54846 | ||||
| 2022 | 2021 | ||||
| Charitable | |||||
| Activities | Other | Total | |||
| 6.ANALYSIS OF EXPENDITURE | |||||
| Direct Costs:- StaffCosts Mentoring and Training Professional Fees &Consultancy Insurance Depreciation Activities, Trips and Residentials Covid Food and Activity Parcels M6 Theatre Company Onward Funding |
422653 10375 3804 2697 3464 23588 |
422653 10375 3804 2697 3464 23588 |
387573 5911 21328 1409 3313 2707 6645 12644 |
||
| Support Costs:- Accountancy Printing, Stationery and Post Marketing and Publicity Telephone and Internet Travel and Accommodation Repairs, Maintenance and Refurbishment ITEquipment and Support Costs Other Office Costs Bank Charges Mortgage Interest |
1616 1340 5034 281 7745 20645 46403 |
5589 309 |
5589 1616 1340 5034 281 7745 20645 46403 309 |
5490 2852 4933 2796 29364 33170 33366 333 1169 |
|
| 549645 | 5898 | 555543 | 555003 | ||
| Year Ended 1 April 2021 |
548011 | 6992 |
| 7.STAFF COSTS | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Staffcosts are as follows:- Salaries Social Security Costs Pension Costs |
306435 91860 24358 |
353155 24343 10075 |
||||
| 422653 | 387573 | |||||
| The average number ofemployees | during the year was | 19(2021-17) | ||||
| No employee earned more |
than f60,000 per annum. | |||||
| 8.NKT EXPENDITURE FOR THK YEAR | 2022 | 2021 | ||||
| This is stated after charging:- Independent Examination and Accountancy Depreciation ofTangible Fixed Assets |
4530 3464 |
4530 3313 |
||||
| Trustees Expenses | ||||||
| 9.TANGIBLE FIXED ASSETS | ||||||
| Land & | Fixtures & | Total | ||||
| ~Buildin | s | ~Fittin s |
||||
| Cost As at 2 April 2020 Additions |
165633 | 28049 48284 |
193682 48284 |
|||
| As at 1 Apri12021 | 165633 | 76333 | 241966 | |||
| Depreciation As at 2 April 2020 Charge for the Year |
62449 3312 |
28049 152 |
90498 3464 |
|||
| As at 1 April 2021 | 65761 | 28201 | 93962 | |||
| Net Book Value As at I April 2022 |
99872 | 48132 | 148004 | |||
| As at 1 April 2021 | 103184 | 103184 |
| 2022 | 2021 |
|---|---|
| 1 | 1 |
| 1.DEBTORS | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Trade Debtors | 30080 | 54 | |
| Prepayments | and Accrued Income | 1283 | 10333 |
| 31363 | 10387 |
| 12.CREDITORS (falling due within | one year) | 2022 | 2021 |
|---|---|---|---|
| Accruals k Deferred Income | 143820 | 100693 | |
| Social Security and Other Taxes Other Creditors |
17695 | 12875 8582 |
|
| 161515 | 122150 |
| Balance | Balance | Balance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ~lA | ril 2021 | Income | ~Ex enditure | ~lA | ril 2022 | |||||
| Unrestricted Funds: |
||||||||||
| General Fund | 276411 | 210958 | 157945 | 329424 | ||||||
| Restricted Funds: | ||||||||||
| RMBC (Rochdale Council) | 12636 | 12636 | ||||||||
| Tudor Trust | 2000 | 2000 | ||||||||
| BBCChildren In Need |
77964 | 77964 | ||||||||
| Henry Smith Grant |
30450 | 30450 | ||||||||
| Workers Educational | Association | 7960 | 7960 | |||||||
| Action Together | 26000 | 26000 | ||||||||
| Greater Manchester | Combined | Community | 51835 | 51835 | ||||||
| SIBF—Youth Endowment | Fund | 28789 | 28789 | |||||||
| AB Charitable Trust |
13500 | 13500 | ||||||||
| Oldham Council |
450 | 450 | ||||||||
| Answer Cancer | 2499 | 2499 | ||||||||
| Digital Inclusion | 40577 | 40577 | ||||||||
| Dudley CSC Caring | Dads | Support | 500 | 500 | ||||||
| Employability Programme |
3600 | 3600 | ||||||||
| Home Start | 420 | 420 | ||||||||
| Pheonix Group | 15000 | 15000 | ||||||||
| Rochdale Community | Safety | Partnership | 56668 | 56668 | ||||||
| Safelives | 3000 | 3000 | ||||||||
| STCuthberts Student |
Support | 8100 | 8100 | |||||||
| Support Sessions | 150 | 150 | ||||||||
| NHS Haven | 8000 | 8000 | ||||||||
| LA Mentoring | 7500 | 7500 | ||||||||
| 397598 | 397598 | |||||||||
| Total funds | 276411 | 329424 |
| .ANALYSIS OF NET | ASSETS BETWEEN FUNDS | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Fund balances at I April | 2022 held by the charity and its subsidiary | are represented | by:- | |
| Tangible Fixed Assets | 148004 | 148004 | ||
| Investment in Subsidiary Net Current Assets |
company | I 181419 |
1 181419 |
|
| 329424 | 329424 |