|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 9|
|Independent
Examiners Report||10|
|Statement ofFinancial|Activities||
|Balance Sheet||12|
|Cash Flow Statement||13to 14|
|Notes to the Financial|Statements|15 to 21|
|Detailed Statement of|Financial Activities|22|
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|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|Funds|
||Notes||I|8||
|INCOMING RESOURCES||||||
|Donations
and legacies||7,478||7,478|33,400|
|Charitable
activities||171,565|100,056|271,621|113,003|
|Other trading activities||366,122||366,122|474,806|
|Investment
income||77||77|365|
|Total incoming
resources||545,242|100,056|645,298|621,574|
|RESOURCES EXPENDED||||||
|Charitable
activities||497,056|156,497|653,553|652,417|
|Total resources expended||497,056|156,497|653,553|652,417|
|NKT (DEFICIT)/SURPLUS||48,186|(56,441)|(8,255)|(30,843)|
|Transfers||(10,935)|10,935|||
|NKT MOVEMENT IN FUNDS|16|37,251|(45,506)|(8,255)|(30,843)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||555,337|148,519|703,856|734,699|
|TOTAL FUNDS CARRIED FORWARD||592,588|103,013|695,601|703,856|
##
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|||31.3.21|31.3.20|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Tangible
assets||491,302|550,920|
|CURRENT ASSETS||||
|Stocks||1,453|1,577|
|Debtors|12|19,570|16,433|
|Cash at bank||344,124|187,818|
|||365,147|205,828|
|CREDITORS||||
|Amounts
falling due within one year|13|(114,599)|(52,892)|
|NET CURRENT ASSETS||250,548|152,936|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||741,850|703,856|
|CREDITORS||||
|Amounts
falling due after more than one year|14|46,249||
|NKT ASSETS||695,601|703,856|
|FUNDS|16|||
|Unrestricted
funds||592,588|555,337|
|Restricted funds||103,013|148,519|
|TOTAL FUNDS||695,601|703,856|
##
|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from charitable
activities||||||
|Cash generated
from activities||||~106229|32,777|
|Net cash from charitable
activities||||106,229|32,777|
|Cash flows from investing
activities||||||
|Purchase oftangible fixed assets|||||(55,705)|
|Interest received||||77|365|
|Net cash from investing
activities||||77|(55,340)|
|Cash flows from financing
activities||||||
|New loans in year||||50,000||
|Capital repayments
in year||||||
|Net cash &om financing
activities||||50,000||
|Increase/(decrease)
in cash and cash equivalents||||156,306|(22,563)|
|Cash and cash equivalents
at the beginning||ofthe year||187&818|210,381|
|Cash generated
from charitable|activities|||344,124|187,818|
##
|RECONCILIATIO|N
OF DEFI|CITTO CASH GENERATE|D FROM ACTIVITIES||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Deficit for the year|||(8&255)|(30,843)|
|Depreciation
charges|||59,618|61,838|
|Finance income|||(77)|(365)|
||||51,286|30,630|
|(Increase)/decrease
(Increase)/decrease|in stocks
in trade and other debtors||124
(3,137)|(1,577)
11,094|
|Increase/(decrease)|in trade and other creditors||57,956|(7,370)|
|Cash generated
from charitable||activities|106,229|32,777|
##
|Balan|ce Sheet amounts:|
||
|---|---|---|---|
|Year|ended 31"March 2021|||
|||31.3.21|1.4.20|
|Cash|and cash equivalents|344,124|187,818|
|Year|ended 31n March 2020|||
|||31.3.20|1.4.19|
||||f|
|Cash|and cash equivalents|187,818|210,381|
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||||31.3.21|31.3.20|
|---|---|---|---|---|
|Grant income|||||
|Big Issue Invest: Social Enterprise||Support Fund|40,451||
|Lancashire
environmental
Fund|||29,566||
|Community
Foundation;
Food Bank|||13,300||
|Power 2 change|||13,233|85,416|
|Rossendale
Borough Council: Food Bank|||2,980||
|Art Project|||526||
|Groundwork:
Tesco Community|Fund||500||
|REAL||||11,353|
|Awards for All||||9,146|
|Peel Trust||||5,000|
|Other|||126|2,088|
|COVID-I9 Specific grants:|||||
|Job Retention
Scheme Fund|||88,639||
|The National
Lottery Community||Fund|40,000||
|The Retail, Hospitality
and Leisure Grant Fund|||34,000||
|The Local Restrictions
Support|Grants||8,300||
||||271,621|113,003|
##
||||31.3.21|31.3.20|
|---|---|---|---|---|
|Community
Centre||income|11,003|31,914|
|Nursery|fees||303,085|319,913|
|Catering|income||21,648|86,606|
|Mitchell|building||29,530|30,083|
|Sundry|income||856|6,290|
||||366,122|474,806|
##
|DIRECT COSTS OF|CHARITABL|E ACTIVITIES||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|31.3.21|31.3.20|
|Staff costs||340,357|49,407|389,764|387,130|
|Premises costs||25,411|760|26,171|58,658|
|Insurance||4,699||4,699|6,109|
|Nursery
and resources|costs|463||463|1,455|
|Catering costs||18,690|6,395|25,085|48,007|
|Postage, stationery &|phone|6,780|116|6,896|5,422|
|Advertising||108||108|5,336|
|Sundries||9,013|810|9,823|15,044|
|Repairs and equipment|hire|21,875|59,444|81,319|10,943|
|Computer
costs||3,167|986|4,153|3,927|
|Tl'anung
costs||164||164|1,531|
|Motor and travel||248|2,919|3,167|1,920|
|Professional
fees||747|10|757|5,511|
|Bank charges||2,602||2,602|3,167|
|Depreciation||23,968|35,650|59,618|61,838|
|Bad debts||(1,776)||(1,776)|(4,101)|
|Support costs (note 7)||40,540||40,540|40,520|
|||497,056|156,497|653,553|652,417|
##
##
|||Support|Total|Total|
|---|---|---|---|---|
||Governance|costs|31.3.21|31.3.20|
|||||I|
|Staffcosts||34,695|34,695|35,479|
|Accountancy|5,845||5,845|5,041|
||5,845|34,695|40&540|40,520|
##
|Net resources|are stated|after charging/(crediting):|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Depreciation|||59,618|61,838|
|Independent|examiner's|fee|2,760|2,760|
##
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|Wages and salaries||||396,943|393,987|
|Social security costs||||16,556|18,301|
|Other pension costs||||10,960|10,321|
|||||424,459|422,609|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||31.3.21|31.3.20|
|Employees||||35|36|
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
||Children' s|Improvements||Motor||
||Centre|to property|Equipment|Vehicles|Totals|
|COST||||||
|At 1st April 2020|518,837|714,644|261&938|8,732|1&504,151|
|Additions||||||
|At 31stMarch 2021|518,837|714,644|261,938|8,732|1,504,151|
|DEPRECIATION||||||
|At 1stApril 2020|141,454|622,995|186,599|2,183|953,231|
|Charge for year|10,377|10,487|36,571|2,183|59,618|
|At 31stMarch 2021|151,831|633,482|223,170|4,366|1,012&849|
|NKT BOOK VALUE||||||
|At 31stMarch 2021|367,006|81,162|38,768|4,366|491,302|
|At 31stMarch 2020|377,383|91,649|75,339|6,549|550,920|
##
|DEBTORS:AMOUNTS FALLING DUK WIT|HIN ONK YEAR||
|---|---|---|
||31.3.21|31.3.20|
||8||
|Trade debtors|6,210|7,993|
|Prepayments|13,360|8,440|
||19,570|16,433|
##
##
|CREDITORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR||
|---|---|---|
||31.3.21|31.3.20|
|Bank loans|3,751||
|Trade creditors|48,158|37,325|
|Taxation and social security|5,863|4,350|
|Accruals and deferred income|54,421|8,978|
|Other creditors|2,406|2,239|
||114,599|52,892|
##
||||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|---|
|Bank loans|||||||46,249||
||||||||46,249||
|Amounts
falling|due in more than|||five years:|||||
|Repayable by instalments|||||||||
|Bank loans|||||||25,013||
|ANALYSIS OF|NET ASSETSBETWEEN||||FUNDS||||
||||||Unrestricted|Restricted|31.3.21|31.3.20|
||||||funds|funds|Total funds|Total funds|
|Fixed assets|||||426,861|64,441|491,302|550,920|
|Net current assets|||||165,727|38,572|204,299|152,936|
||||||592,588|103,013|695,601|703,856|
|MOVEMENT IN||FUNDS|||||||
||||||||Net||
||||||||movement||
|||||||At 1.4.20|in funds|At31.3.21|
|Unrestricted
funds|||||||||
|General fund||||||120,789|55,491|176,280|
|Mitchell Building||||||434,548|(18,240)|416,308|
|Total unrestricted||funds||||555,337|37,251|592,588|
|Restricted funds|||||||||
|Art Project|||||||526|526|
|Awards
for All||||||4,480|(1,493)|2,987|
|Big Issue Invest:|Social Enterprise|||Support Fund|||||
|Elderly and Dementia||||||20,000||20,000|
|Food bank|||||||500|500|
|Lancashire
Environmental|||Fund||||||
|Peel Trust||||||2,115|(1,467)|648|
|Power to change||||||93,862|(33,974)|59,888|
|REAL||||||27,620|(9,598)|18,022|
|Other||||||442||442|
|Total restricted|funds|||||148,519|(45,506)|103,013|
|TOTAL FUNDS||||||703,856|(8,255)|695,601|
##
||||||Incoming|Resources||Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|Transfers|in funds|
|Unrestricted
funds|||||||||
|General fund|||||545,242|478&816|(10,935)|55&491|
|Mitchell Building||||||18,240||(18,240)|
|Total unrestricted||funds|||545,242|497,056|(10,935)|37,251|
|Restricted funds|||||||||
|Art Project|||||526|||526|
|Awards for All||||||1,493||(1,493)|
|BigIssue Invest:|Social Enterprise|||Support|40,451|40,451|||
|Fund|||||||||
|Elderly and Dementia|||||||||
|Food Bank|||||16,280|15,780||500|
|Lancashire
Environmental|||Fund||29,566|40,501|10,935||
|Peel Trust||||||1,467||(1,467)|
|Power 2 change|||||13,233|47,207||(33,974)|
|REAL||||||9,598||(9,598)|
|Other|||||||||
|Total restricted|funds||||100,056|156,497|10,935|(45,506)|
|TOTAL FUNDS|||||645,298|653,553||(8,255)|
|OPERATING LEASE COMMITMENTS|||||||||
||||||||31.3.21|31.3.20|
|Expiry date:|||||||||
|Within one year|||||||4,776|5,237|
|Between one and|five years||||||1,856|6,632|
||||||||6,632|11,869|
##
##
##
|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|INCOMING RESOURCES||||||||
|Donations
and legacies||||||7,478|44,753|
|Incoming resources from|||charitable||activities|||
|Power 2 Change||||||13,233|85,416|
|Big Issue Invest: Social Enterprise||||Support Fund||40,451||
|Lancashire
Environmental|||Fund|||29,566||
|Community
Foundation:||Food Bank||||13,300||
|COVID-19 grants||||||170,939||
|Other grants||||||4,132|16,234|
|||||||271,621|101,650|
|Other trading
activities||||||||
|Community
Centre income||||||11,003|31,914|
|Nursery
fees||||||303,085|319,913|
|Catering||||||21,648|86,606|
|Mitchell building||||||29,530|30,083|
|Sundry income||||||856|6,290|
|||||||366,122|474,806|
|Investment
income||||||77|365|
|Total incoming resources||||||645,298|621,574|
|RESOURCES EXPENDED||||||||
|Charitable
activities||||||||
|Staffcosts||||||389,764|387,130|
|Premises costs||||||26,171|58,658|
|Insurance||||||4,699|6,109|
|Nursery
and resources|costs|||||463|1,455|
|Catering costs||||||25,085|48,007|
|Postage, stationery &phone||||||6,896|5,422|
|Advertising||||||108|5,336|
|Sundries||||||9,823|15,044|
|Repairs and equipment|hire|||||81,319|10,943|
|Computer
costs||||||4,153|3,927|
|Training
costs||||||164|1,531|
|Motor and travel||||||3,167|1,920|
|Professional
fees||||||757|5,511|
|Bank charges
Depreciation oftangible fixed assets||||||2,602
59,618|3,167
61,838|
|Bad debts||||||(1,776)|(4,101)|
|Governance
costs||||||5,845|5,041|
|Support costs||||||34,695|35,479|
|Total resources expended||||||653,553|652,417|
|Net||||||(8,255)|(30,843)|