| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 6 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 9 | to | 10 |
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 12 | ||
| Notes to the Financial Statements | 13 | to | 21 |
| Detailed Statement ofFinancial Activities | 22 | to | 23 |
| FOR THK | YEAR E | NDED 31MA | RCH 2022 | |||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 5,964 | 164,311 | 170,275 | 208,659 | |
| Other trading activities | 164,257 | 164,257 | 185,942 | |||
| Investment income |
81 | 81 | 234 | |||
| Other income | 2,539 | 73,441 | 75,980 | 148,944 | ||
| Total | 172,841 | 237,752 | 410,593 | 543,779 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 631 | 631 | 394 | |||
| Charitable activities |
||||||
| Direct charitable expenditure |
7 | 204,097 | 209,426 | 413,523 | 380,785 | |
| Other | 10 | 241 | 241 | |||
| Total | 204,969 | 209,426 | 414,395 | 381,179 | ||
| NET INCOME/(EXPENDITURE) | (32,128) | 28,326 | (3,802) | 162,600 | ||
| Transfers between funds |
18 | 8,372 | ~8,372) | |||
| Net movement in funds |
(23,756) | 19,954 | (3,802) | 162,600 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 378,862 | 185,799 | 564,661 | 402,061 | ||
| TOTAL FUNDS CARRIED FORWARD | 355,106 | 205,753 | 560,859 | 564,661 |
| 31M | ARCH 2022 | ||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 14 | 32,319 | 136,309 | 168,628 | 165,033 |
| CURRENT ASSETS | |||||
| Stocks | 15 | 4,500 | 4,500 | 4,500 | |
| Debtors | 16 | 20,574 | 20,574 | 15,109 | |
| Cash at bank and in hand | 309,983 | 69,444 | 379,427 | 392,449 | |
| 335,057 | 69,444 | 404,501 | 412,058 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
17 | (12,270) | (12,270) | (12,430) | |
| NET CURRENT ASSETS | 322787 | 69,444 | 392231 | 399628 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 355,106 | 205,753 | 560,859 | 564,661 | |
| NKT ASSETS | 355,106 | 205 753 | 560,859 | 564 661 | |
| FUNDS | 18 | ||||
| Unrestricted funds |
355,106 | 378,862 | |||
| Restricted funds | 205 753 | 185799 | |||
| TOTAL FUNDS | 560859 | 564661 |
| FOR THE YEAR ENDED | 31MARCH 2022 | |||
|---|---|---|---|---|
| 31.3.21 | 31.3.22 | |||
| Notes | ||||
| Cash flows from operating | activities | |||
| 178,787 | Cash generated &om operations |
23,849 | ||
| 178,787 | Net cash provided by operating activities |
23,849 | ||
| Cash flows from investing | activities | |||
| (66,329) | Purchase oftangible fixed | assets | (36,871) | |
| 1 | Sale oftangible fixed assets | |||
| ~66,328) | Net cash used in investing | activities | ~3687)) | |
| 112,459 | Change in cash and cash | equivalents | ||
| in the reporting period |
(13,022) | |||
| 279,990 | Cash and cash equivalents | at the | ||
| beginning ofthe reporting |
period | 392449 | ||
| 392,449 | Cash and cash equivalents | at the end | ||
| ofthe reporting period |
379427 |
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| Net (expenditure)/income | for the reporting | period (as per the | ||
| Statement ofFinancial Adjustments for: |
Activities) | (3,802) | 162,600 | |
| Depreciation charges |
32,846 | 25,955 | ||
| Loss on disposal offixed | assets | 430 | ||
| (Increase)/decrease in debtors Decrease in creditors |
(5,465) ~160 |
1,557 ~11,323 |
||
| Net cash provided by operations |
23,849 | 178,787 |
| At 1.4.21 | Cash flow | At 31.3.22 | |
|---|---|---|---|
| E | |||
| Net cash | |||
| Cash at bank and in hand | 392449 | ~13022 | 379427 |
| 392449 | ~13022 | 379427 | |
| Total | 392449 | ~13 022 | 379427 |
| DONATIO | NS AND LEGACIES |
||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Donations | and gifts | 3,563 | 5,831 |
| Grants receivable | 166,712 | 202 828 | |
| 170,275 | 208,659 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||||||
| Funds | Funds | Funds | Funds | ||||||
| Suffolk Comm. Foundation | Martineau | Fund | 2,000 | 2,000 | |||||
| Mindful Mondays Neighbourly |
Fund | 400 | 400 | ||||||
| David &Jill Simpson | Fund | 2,364 | 2,364 | ||||||
| SGActivities unlimited | 6,000 | 6,000 | 8,000 | ||||||
| Babergh EcMid Suffolk Assington | capital Fund | 39,600 | |||||||
| WSCCG Fund | 13,262 | 13,262 | |||||||
| Stowmarket Town Council |
400 | 400 | |||||||
| Offshoot Films | 4,646 | 4,646 | |||||||
| Postcode Places Trust | 19,786 | 19,786 | |||||||
| Henry Smith Charity | 60,000 | 60,000 | 60,000 | ||||||
| Colchester Catalyst | 10,000 | 10,000 | |||||||
| Suffolk County Council Engaged | Communities | 27,573 | 27,573 | ||||||
| Power to Change Assington | 17,880 | 17,880 | 77,435 | ||||||
| StEdmunds Trust |
9,360 | ||||||||
| Children in Need |
3,113 | ||||||||
| Haverhill Community |
Grant | 4,420 | |||||||
| Donations and gifts |
3,563 | 3,563 | 5,831 | ||||||
| Other | 2,401 | 2 401 | 900 | ||||||
| 164,311 | 5 964 | 170,275 | 208 659 |
| 31.3,22 | 31.3.21 | ||
|---|---|---|---|
| E | |||
| Fundraising | events | 84 | 3,277 |
| Merchandise | and other income | 4,098 | 801 |
| Membership | income | 53,080 | 60,683 |
| Spot purchasing subscriptions |
102,995 | 117,181 | |
| Employer NI allowance | 4,000 | 4,000 | |
| 164,257 | 185,942 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Interest | on | UK | cash | deposits | 81 | 234 |
| OTHER | INCOME | ||
|---|---|---|---|
| 2022 | 2021 | ||
| DBSchecks | 470 | 271 | |
| Furlough | claims (CJRS) | 2,069 | 55,510 |
| Business | rates grant (COVID) | 10,000 | |
| Other related grants (COVID) | 73,441 | 83,163 | |
| 75,980 | 148,944 |
| 6. | RAISING FUNDS | |||||
|---|---|---|---|---|---|---|
| Other trading activities |
||||||
| 31.3.22 | 31.3.21 | |||||
| Purchases | 631 | 394 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 8) | Totals | ||||
| Direct charitable expenditure |
363,042 | 50,481 | 413,523 | |||
| 8. | SUPPORT COSTS | |||||
| Governance | ||||||
| Finance | costs | Totals | ||||
| Direct charitable expenditure |
190 | 60291 | 50481 | |||
| 9. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated | after charging/(crediting): | ||||
| 31.3.22 | 31.3.21 | |||||
| E | ||||||
| Depreciation - owned assets | 32,846 | 25,956 | ||||
| Deficit on disposal offixed assets | 430 | |||||
| 10. | TRUSTEES' REMUNERATION | AND BENEFITS | ||||
| During the year 6241 (2021:anil) was paid to Mrs A ECherry | for travel | expenses. | ||||
| 11. | STAFF COSTS | |||||
| 31.3.22 | 31.3.21 | |||||
| Wages and salaries | 237,049 | 246,690 | ||||
| Social security costs | 17,508 | 16,735 | ||||
| Other pension costs | 6434 | 6,671 | ||||
| 260,991 | 270,096 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Volunteer | co-ordinators | 4 | 6 | |||
| Office and | administrative | staff | 4 | 4 | ||
| Farm workers | 6 | 4 | ||||
| 14 | 14 | |||||
| No employees | received | emoluments | in excess of$60,000. |
| No employees received emoluments in excess of$60,000. |
No employees received emoluments in excess of$60,000. |
No employees received emoluments in excess of$60,000. |
No employees received emoluments in excess of$60,000. |
|
|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
5,831 | 202,828 | 208,659 | |
| Other trading activities | 185,942 | 185,942 | ||
| Investment income |
234 | 234 | ||
| Other income | 146444 | 2 600 | 148 944 | |
| Total | 338,451 | 205,328 | 543,779 | |
| EXPENDITURE ON | ||||
| Raising funds | 394 | 394 | ||
| Charitable activities |
||||
| Direct charitable expenditure |
213,190 | 167,595 | 380,785 | |
| Total | 213,584 | 167,595 | 381,179 | |
| NET INCOME | 124,867 | 37,733 | 162,600 | |
| Transfers between funds | 11,508 | 11,508 | ||
| Net movement in funds |
136,375 | 26,225 | 162,600 | |
| RECONCILIATION | OFFUNDS | |||
| Total funds brought forward | 242,487 | 159,574 | 402,061 |
| NOTES TO THK FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2022 |
NOTES TO THK FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2022 |
NOTES TO THK FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2022 |
NOTES TO THK FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2022 |
|
|---|---|---|---|---|
| 12. | COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued | |||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| f, | ||||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 378 862 | 185,799 | 564,661 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Independent | examiners | fees | 2 520 | 2,400 |
| TANGIBLE FIXEDAS | SETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Leasehold | Plant and | and | Office | ||
| improvements | vehicles | fittings | equipment | Totals | |
| COST | |||||
| At 1 April 2021 | 182,944 | 25,285 | 16,133 | 48,114 | 272,476 |
| Additions Disposals |
19,003 | 13,541 | 4,327 ~4,719 |
36,871 ~4719 |
|
| At 31March 2022 | 201 947 | 25 285 | 29 674 | 47 722 | 304628 |
| DEPRECIATION | |||||
| At 1 April 2021 | 57,149 | 4,236 | 9,389 | 36,669 | 107,443 |
| Charge for year | 20,194 | 4,210 | 4,429 | 4,013 | 32,846 |
| Eliminated on disposal |
~4289 | ~4289) | |||
| At 31March 2022 | 77,343 | 8,446 | 13,818 | 36,393 | 136,000 |
| NET BOOK VALUE | |||||
| At 31 March 2022 | 124,604 | 16,839 | 15,856 | 11,329 | 168,628 |
| At 31March 2021 | 125795 | 21,049 | 6744 | 11445 | 165,033 |
| 15. | STOCKS | ||
|---|---|---|---|
| 31.3.22 | 31,3.21 | ||
| Stocks | 4,500 | 4,500 | |
| 16. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.22 | 31.3.21 | ||
| Trade debtors | 7,396 | 835 | |
| VAT | 3,818 | 3,058 | |
| Accrued income | 7,520 | 9,338 | |
| Prepayments | 1 840 | 1 878 | |
| 20 574 | 15 109 | ||
| 17. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.22 | 31.3.21 | ||
| Trade creditors | 398 | 2,161 | |
| Social security and other taxes | 4,343 | ||
| Other creditors | 1,295 | ||
| Accrued expenses | 11,872 | 4 631 | |
| 12 270 | 12,430 | ||
| 18. | MOVEMENT IN FUNDS |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.4.21 | in funds | funds | 31.3.22 | |
| Unrestricted funds |
||||
| Unrestricted funds |
378,862 | (32,128) | 8,372 | 355,106 |
| Restricted funds | ||||
| Restricted funds |
185,799 | 28,326 | (8,372) | 205,753 |
| TOTAL FUNDS | 564 661 | ~3,802) | - | 560,859 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| f. | |||
| Unrestricted funds |
|||
| Unrestricted funds |
172,841 | (204,968) | (32,127) |
| Restricted funds | |||
| Restricted funds | 237,752 | (209,427) | 28,325 |
| TOTAL FUNDS | 410593 | ~414,395 | ~3802) |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.20 | ln funds | funds | 31.3.21 | |
| Unrestricted funds |
||||
| Unrestricted funds |
242,487 | 124,867 | 11,508 | 378,862 |
| Restricted funds |
||||
| Restricted funds | 159,574 | 37,733 | (11,508) | 185,799 |
| TOTAL FUNDS | 402061 | 162600 | 564 661 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| Unrestricted funds |
338,451 | (213,584) | 124,867 |
| Restricted funds | |||
| Restricted funds |
205,328 | (167,595) | 37,733 |
| TOTAL FUNDS | 543,779 | ~381,179) | 162,600 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.20 | in funds | funds | 31.3.22 | |
| Unrestricted funds |
||||
| Unrestricted funds |
242,487 | 92,739 | 19,880 | 355,106 |
| Restricted funds | ||||
| Restricted funds | 159,574 | 66,059 | (19,880) | 205,753 |
| TOTAL FUNDS | 402 061 | 158,798 | 560859 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| Unrestricted funds |
511,292 | (418,552) | 92,740 |
| Restricted funds | |||
| Restricted funds | 443,080 | (377,022) | 66,058 |
| TOTAL FUNDS | 954 372 | ~795 574) | 158798 |
FOR THK YEAR ENDED |
31MARCH 2022 |
|
|---|---|---|
| 31.3.22 | 31.3.21 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations and gifts |
3,563 | 5,831 |
| Grants receivable | 166,712 | 202,828 |
| 170,275 | 208,659 | |
| Other trading activities |
||
| Fundraising events |
84 | 3,277 |
| Merchandise and other income |
4,098 | 801 |
| Membership income |
53,080 | 60,683 |
| Spot purchasing subscriptions |
102,995 | 117,181 |
| Employer NI allowance | 4 000 | 4000 |
| 164,257 | 185,942 | |
| Investment income |
||
| Interest on UK cash deposits | 81 | 234 |
| Other income | ||
| DBSchecks | 470 | 271 |
| Furlough claims (CJRS) |
2,069 | 55,510 |
| Business rates grant (COVID) | 10,000 | |
| Other related grants (COVID) | 73,441 | 83,163 |
| 75,980 | 148,944 | |
| Total incoming resources | 410,593 | 543,779 |
| EXPENDITURE | ||
| Other trading activities |
||
| Fundraising costs |
631 | 394 |
| Charitable activities |
||
| Wages | 237,049 | 246,690 |
| Employer NI | 17,508 | 16,735 |
| Employer pension contributions | 6,434 | 6,671 |
| Rent and rates | 26,571 | 16,209 |
| Insurance | 2,767 | 2,301 |
| Light and heat | 4,744 | 4,706 |
| Carried forward | 295,073 | 293,312 |
| FORTHE YEAR ENDED 3 | 1MARCH 2022 | |||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| Charitable activities |
||||
| Brought forward | 295,073 | 293,312 | ||
| Telephone | 3,965 | 4,788 | ||
| Office stationery, postage |
and software | 8,484 | 11,757 | |
| Advertising and marketing |
8,032 | 939 | ||
| Staff/volunteer travelling |
and expenses | 7,996 | 3,535 | |
| Internal std'f training | 93 | 571 | ||
| Repairs and renewals | 2,473 | 2,744 | ||
| Beneficiary costs | 25,086 | 11,818 | ||
| Computer expenses |
5,049 | 5,202 | ||
| Assington farm animal costs |
4,183 | 4,143 | ||
| Mini bus running costs |
2 608 | 1 240 | ||
| 363,042 | 340,049 | |||
| Other | ||||
| Trustees' expenses | 241 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 190 | 139 | ||
| Governance costs |
||||
| Sundry expenses | 7,885 | 8,656 | ||
| Accountancy fees |
2,520 | 2,400 | ||
| Professional fees |
3,113 | 2,327 | ||
| Subscriptions | 3,497 | 1,259 | ||
| Depreciation -leasehold |
improvements | 20,194 | 15,444 | |
| Depreciation -fixtures and fittings |
12,652 | 10,511 | ||
| Loss on disposal ofassets | 430 | |||
| 50291 | 40 597 | |||
| Total resources expended | 414,395 | 381,179 | ||
| Net (expenditure)/income | ~3802) | 162,600 |