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|---|---|---|---|
|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|
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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|3,085|215,974|219,059|170,275|
|Other trading
activities|||192,111||192,111|164,257|
|Investment
income|||2,706||2,706|81|
|Other income|||423||423|75,980|
|Total|||198,325|215,974|414,299,|410,593|
|EXPENDITURE ON|||||||
|Raising funds|||475||475|631|
|Charitable
activities|||||||
|Direct charitable
expenditure|||361,189|196,020|557,209|413,523|
|Other|||227||227|241|
|Total|||361,891|196,020|557 911|414,395|
|NET INCOME/(EXPENDITURE)
Transfers
between
funds||18|(163,566)
1,256|19,954
~1,256)|(143,612)|(3,802)|
|Net movement
in funds|||(162,310)|18,698|(143,612)|(3,802)|
|RECONCILIATION|OFFUNDS||||||
|Total funds brought
forward|||355,106|205,753|560,859|564,661|
|TOTAL FUNDS CARRIED FORWARD|||192,796|224,451|417,247|560,859|
##
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||31M|ARCH 2023||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|full(is|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|14|21,535|188,530|210,065|168,628|
|CURRENT ASSETS||||||
|Stocks|15|4,250||4,250|4,500|
|Debtors|16|19,706||19,706|20,573|
|Cash at bank and in hand||161,583|47,542|209,125|379,428|
|||185,539|47,542|233,081|404,501|
|CREDITORS||||||
|Amounts
falling due within one year|17|(14,278)|(11,621)|(25,899)|(12,270)|
|NET CURRENT ASSETS||171,261|35,921|207,182|392,231|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||192,796|224,451|417,247|560,859|
|NET ASSETS||192,796|224,451|417,247|560,859|
|FUNDS|18|||||
|Unrestricted
funds||||192,796|355,106|
|Restricted
funds||||224,451|205,753|
|TOTAL FUNDS||||417,247|560,859|
##
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||FOR THE YEAR ENDED||31MARCH|2023||
|---|---|---|---|---|---|
|31.3.22|||||31.3.23|
||||Notes|||
||Cash flows from operating||activities|||
|23,852|Cash generated
from operations||||~78,128)|
|23,852|Net cash (used in)/provided||by operating|activities|~78, )28)|
||Cash flows from investing||activities|||
|(36,871)|Purchase oftangible fixed|assets|||(99,765)|
||Sale oftangible fixed assets||||7 590|
|~36,871)|Net cash used in investing|activities|||~92,175)|
|(13,019)|Change in cash and cash|equivalents|||(170,303)|
||in the reporting
period|||||
|392,447|Cash and cash equivalents||at the||379,428|
||beginning
ofthe reporting||period|||
|379,428|Cash and cash equivalents||at the end||209,125|
||ofthe reporting
period|||||
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|RECONCILIATION
OFN
ACTIVITIES|ET E|XPENDITURE TO NET CASH F|LOW FROM O|PERATING|
|---|---|---|---|---|
||||31.3.23|31.3.22|
|Net expenditure
for the reporting||period (as per the Statement|||
|ofFinancial Activities)|||(143,612)|(3,802)|
|Adjustments
for:|||||
|Depreciation
charges|||26,293|32,846|
|Loss on disposal offixed assets|||24,445|430|
|Decrease in stocks|||250||
|Decrease/(increase)
in debtors
Increase/(decrease)
in creditors|||867
13,629|(5,462)
~160)|
|Net cash (used in)/provided|by operations||~78,128)|23,852|
##
||At 1.4.22|Cash flow|At 31.3.23|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|379,428|~170,303)|209,125|
||379,428|L)70,303)|209,125|
|Total|379,428|~170,303)|209,125|
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|DONATIONS
AND LEGACIE|S|||||||
|---|---|---|---|---|---|---|---|
|||||31.3.23||31.3.22||
|Donations
and gifts|||||3,085||3,563|
|Grants receivable||||215,974||166,712||
|||||219,059||170,275||
|||||||2023|2022|
||||Restricted|Unrestricted||Total|Total|
||||Funds|Funds||Funds|Funds|
|Suffolk Community
Foundation|||14,000|||14,000|2,000|
|Babergh &Mid Suffolk District|Council - CIL Funding||60,907|||60,907||
|Mindful
Mondays
(Neighbourly|Fund)||||||400|
|David &Jill Simpson Fund|||||||2,364|
|SCC Activities unlimited|||8,600|||8,600|6,000|
|WSCCG Fund|||26,524|||26,524|13,262|
|Stowmarket
Town Council|||400|||400|400|
|Offshoot Films|||||||4,646|
|Postcode Places Trust|||||||19,786|
|Henry Smith Charity|||30,000|||30,000|60,000|
|Colchester Catalyst|||||||10,000|
|Suffolk County Council - Engaged||Communities|30,816|||30,816|27,573|
|Power to Change|||10,000|||10,000|17,880|
|Children
in Need|||19,456|||19,456||
|West Suffolk Council - Community||Chest (Leiston)|5,267|||5,267||
|Suffolk County Council|||6,454|||6,454||
|Donations
and gifts||||3,085||3,085|3,563|
|Other|||3,550|||3,550|2,401|
||||215,974|3,005|219,059||170,275|
##
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|||31.3.23|31.3.22|
|---|---|---|---|
|Fundraising|events|4,409|84|
|Merchandise|and other income|4,434|4,098|
|Membership|income|75,189|53,080|
|Spot purchasing
subscriptions||103,079|102,995|
|Employer NI allowance||5,000|4,000|
|||192,111|164,257|
##
||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|Interest|on|UK|cash|deposits|2,706|81|
##
|OTHER INCOME|||
|---|---|---|
||31.3.23|31.3.22|
|DBSchecks|423|470|
|Furlough
claims (CJRS)||2,069|
|Other related grants (COVID)||73,441|
||423|75,950|
|6.|RAISING FUNDS|||
|---|---|---|---|
||Other trading activities|||
|||31.3.23|31.3.22|
||Purchases|475|631|
##
##
##
|7.|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs (see||
|||Costs|note 8)|Totals|
||Direct charitable
expenditure|485,407|71,802|557,209|
|8.|SUPPORT COSTS||||
||||Governance||
|||Finance|costs|Totals|
||Direct charitable
expenditure|186|71,616|71,802|
|9.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)
is stated after charging/(crediting):||||
||||31.3.23|31.3.22|
||Depreciation
- owned assets||26,292|32,846|
||Deficit on disposal offixed assets||24,445|430|
##
##
||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|Wages and|salaries||||315,471|237,049|
|Social security costs|||||24,661|17,508|
|Other pension costs|||||8,319|6,434|
||||||348,461|260,991|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||31.3.23|31.3.22|
|Volunteer|co-ordinators||||3|4|
|Office and|administrative||staff||5|4|
|Farm workers|||||6|6|
||||||14|14|
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##
|COMPARATIVES F|OR THE STATEMENT OF|FINANCIAL ACTI|VITIES||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fund|fund|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies||5,964|164,311|170,275|
|Other trading activities||164,257||164,257|
|Investment
income||81||81|
|Other income||2,539|73 441|75,980|
|Total||172,841|237,752|410,593|
|EXPENDITURE ON|||||
|Raising funds||631||631|
|Charitable
activities|||||
|Direct charitable
expenditure||204,097|209,426|413,523|
|Other||241||241|
|Total||204,969|209,426|414,395|
|NET INCOME/(EXPENDITURE)
Transfers
between
funds||(32,128)
8,371|28,326
~8,371)|(3,802)|
|Net movement
in funds||(23,757)|19,955|(3,802)|
|RECONCILIATION|OFFUNDS||||
|Total funds brought
forward||378,862|185,799|564,661|
|TOTAL FUNDS CARRIED|||||
|FORWARD||355,105|205,754|560,859|
##
##
|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
||Independent|examiners|fees|||3,505|2,520|
|14.|TANGIBLE FIXED||ASSETS|||||
||||||Fixtures|||
||||Leasehold|Plant and|and|Office||
||||improvements|vehicles|fittings|equipment|Totals|
||COST|||||||
||At 1 April|2022|201,947|25,285|29,674|47,722|304,628|
||Additions
Disposals||63,549
~27,653)|31,034|351
~12,909)|4,831
~3,383)|99,765
~43,945)|
||At 31 March 2023||237,843|56,319|17,116|49,170|360,448|
||DEPRECIATION|||||||
||At 1 April|2022|77,343|8,446|13,818|36,393|136,000|
||Charge for
Eliminated|year
on disposal|16,239
~6,476)|5,533|1,548
~3,228)|2,972
~2,205)|26,292
~11,909)|
||At 31 March 2023||87,106|13,979|12,138|37,160|150,383|
||NET BOOK VALUE|||||||
||At 31March 2023||150,737|42,340|4 978|12,010|210065|
||At 31 March 2022||124,604|16839|15,856|11,329|168,628|
|15.|STOCKS|||||||
|||||||31.3.23|31.3.22|
||Stocks|||||4,250|4,500|
##
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|16.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.3.23|31.3.22|
||Trade debtors|8,830|7,395|
||VAT||3,818|
||Accrued income||7,520|
||Prepayments|10,876|1,840|
|||19,706|20,573|
|17.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31.3.23|31,3.22|
||Trade creditors|883|398|
||VAT|176||
||Other creditors|11,621||
||Accrued expenses|13,219|11,872|
|||25,899|12,270|
|MOVEMENT IN FUNDS|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1.4.22|in funds|funds|31.3.23|
|Unrestricted
funds|||||
|Unrestricted
funds|355,106|(163,566)|1,256|192,796|
|Restricted
funds|||||
|Restricted funds|205,753|19,954|(1,256)|224,451|
|TOTAL FUNDS|560,859|~)43,612)|-|417,247|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|Unrestricted|funds|198,325|(361,891)|(163,566)|
|Restricted|funds||||
|Restricted|funds|215,974|(196,020)|19,954|
|TOTAL FUNDS||414,299|~557,911)|~143,612)|
##
##
##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted
funds||||||
|Unrestricted|funds|378,862|(32,127)|8,371|355,106|
|Restricted|funds|||||
|Restricted|funds|185,799|28,325|(8,371)|205,753|
|TOTAL FUNDS||564,661|~3,802)|-|560,859|
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|Unrestricted
funds||||172,841|(204,968)|(32,127)|
|Restricted
funds|||||||
|Restricted funds||||237,752|(209,427)|28,325|
|TOTAL FUNDS||||410593|~4)4395)|~3,802)|
|A current year 12months|and prior|year 12months|combined|position|is as follows:||
|||||Net|Transfers||
|||||movement|between|At|
|||At 1.4.21||in funds|funds|31.3.23|
|Unrestricted
funds|||||||
|Unrestricted
funds||378,862||(195,693)|9,627|192,796|
|Restricted
funds|||||||
|Restricted funds||185,799||48,279|(9,627)|224,451|
|TOTAL FUNDS|||||||
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|Unrestricted|funds|371,166|(566,859)|(195,693)|
|Restricted|funds||||
|Restricted|funds|453,726|(405,447)|48,279|
|TOTAL FUNDS||824,892|~972,306)|~147,414)|
##
##
|FOR THE YEAR ENDED|31MARCH 2023||
|---|---|---|
||31.3.23|31.3.22|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations
and gifts|3,085|3,563|
|Grants receivable|215,974|166,712|
||219,059|170,275|
|Other trading
activities|||
|Fundraising
events|4,409|84|
|Merchandise
and other income|4,434|4,098|
|Membership
income|75,189|53,080|
|Spot purchasing
subscriptions|103,079|102,995|
|Employer NI allowance|5,000|4,000|
||192,111|164,257|
|Investment
income|||
|Interest on UK cash deposits|2,706|81|
|Other income|||
|DBSchecks|423|470|
|Furlough
claims (CJRS)||2,069|
|Other related grants (COVID)||73,441|
||423|75,980|
|Total incoming
resources|414,299|410,593|
|EXPENDITURE|||
|Other trading
activities|||
|Fundraising
costs|475|631|
|Charitable
activities|||
|Wages|315,471|237,049|
|Employer NI|24,661|17,508|
|Employer
pension contributions|8,319|6,434|
|Rent and rates|32,871|26,571|
|Insurance|4,015|2,767|
|Light and heat|4,870|4,744|
|Telephone|3,432|3,965|
|Carried forward|393,639|299,038|
##
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||FOR THE YEAR ENDED 3|1MARCH 2023||
|---|---|---|---|
|||31.3.23|31.3.22|
|Charitable
activities||||
|Brought forward||393,639|299,038|
|Office stationery,
postage|and software|5,796|8,484|
|Advertising
and marketing||3,000|8,032|
|Staff/volunteer
travelling|and expenses|9,704|7,996|
|Internal staff training||1,810|93|
|Repairs and renewals||34,777|2,473|
|Beneficiary costs||23,290|25,086|
|Computer
expenses||4,992|5,049|
|Assington
farm animal costs||4,874|4,183|
|Mini bus running
costs||3,525|2,608|
|||485,407|363,042|
|Other||||
|Trustees'
expenses||227|241|
|Support costs||||
|Finance||||
|Bank charges||186|190|
|Governance
costs||||
|Sundry expenses||13,072|7,885|
|Accountancy
fees||3,505|2,520|
|Professional
fees||530|3,113|
|Subscriptions||3,771|3,497|
|Depreciation
- leasehold|improvements|16,239|20,194|
|Depreciation
-fixtures and fittings||10,054|12,652|
|Loss on disposal ofassets||24,445|430|
|||71,616|50,291|
|Total resources expended||557,911|414,395|
|Net expenditure||~143,612)|~3,802)|