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2022-03-31-accounts

Page
Report ofthe Trustees I to 9
Independent
Examiners		 Report 10
Statement ofFinancial Activities
Balance Sheet 12
Cash Flow Statement 13to 14
Notes to the Financial Statements 15to 21
Detailed Statement ofFinancial Activities 22

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds Funds
Notes
INCOMING RESOURCES
Donations
and legacies		 1,120 1,120 7,478
Charitable
activities		 21,072 18,583 39,655 271,621
Other trading activities 524,976 524,976 366,122
Investment
income		 24 24 77
Total incoming resources 547,192 18,583 565,775 645,298
RESOURCES EXPENDED
Charitable
activities		 6 624,072 52,796 676,868 653,553
Total resources expended 624,072 52,796 676,868 653,553
NKT DEFICIT (76,880) (34,213) (111,093) (8,255)
Transfers
NKT MOVEMENT IN FUNDS 16 (76,880) (34,213) (111,093) (8,255)
RECONCILIATION
OF FUNDS
Total funds brought forward 592,588 103,013 695,601 703,856
TOTAL FUNDS CARRIED FORWARD 515,708 68,800 584,508 695,601

31.3.22 31.3.21
Notes
FIXEDASSETS
Tangible assets 435,059 491,302
CURRENT ASSETS
Stocks 1,621 1,453
Debtors 12 23,536 19,570
Cash at bank 191,813 344,124
216,970 365,147
CREDITORS
Amounts
falling due within one year		 13 (26,384) (114,599)
NET CURRENT ASSETS 190,586 250,548
TOTAL ASSETSLESSCURRENT
LIABILITIES 625,645 741,850
CREDITORS
Amounts
falling due after more than one year		 14 41,137 46,249
NET ASSETS 584,508 695,601
FUNDS 16
Unrestricted
funds		 515,708 592,588
Restricted funds 68,800 103,013
TOTAL FUNDS 584,508 695,601

31.3.22 31.3.21
Notes I
Cash flows from charitable activities
Cash generated
from activities		 ~(151,084 106,229
Net cash from charitable
activities		 (151,084) 106,229
Cash flows from investing activities
Purchase oftangible fixed assets
Proceeds on disposal 2,500
Interest received 24 77
Net cash froin investing
activities		 2,524 77
Cash flows from financing activities
New loans in year 50,000
Capital repayments
in year		 (3,751)
Net cash froin financing
activities		 (3,751) 50,000
Increase/(decrease)
in cash		 and cash equivalents (152,311) 156,306
Cash and cash equivalents at beginning ofyear 344,124 187,818
Cash and cash equivalents at end ofyear 191,813 344,124

RECONCILIATIO N
OFDEFI		 CIT TO CASH GENERATE D FROM ACTIVITIES
31.3.22 31.3.21
Deficit for the year (111,093) (8,255)
Depreciation
charges		 29,849 59,618
Profit and loss on disposal 47
Finance income (24) (77)
(81,221) 51,286
(Increase)/decrease in stocks (168) 124
(Increase)/decrease in trade and other debtors (3,966) (3,137)
Increase/(decrease) in trade and other creditors (65,729) 57,956
Cash generated
from charitable		 activities (151,084) 106,229

Balan ce Sheet amounts;
Year ended 31"March 2022
31.3.22 1.4.21
6
Cash and cash equivalents 191,813 344,124
Year ended 31"March 2021
31.3.21 1.4.20
Cash and cash equivalents 344,124 187,818

INCOMING RESO URCES F R OM CHARITABLE ACTIVITI ES
31.3.22 31.3.21
Grant income
Community
Research		 Project 10,798
Kangaroo Family Nurturing 5,250
Rossendale
Borough		 Council: Food Bank 1,800 2,980
Family Nurturing 735
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
Art Project 526
Groundworki
Tesco Community		 Fund 500
Other 126
CO VIO- 79Specific grants:
The Local Restrictions Support Grants 16,259 8,300
Job Retention Scheme Fund 4,813 88,639
The National
Lottery		 Community Fund 40,000
The Retail, Hospitality and Leisure Grant Fund 34,000
39,655 271,621

31.3.22 31.3.21
Community
Centre		 income 29,534 11,003
Nursery fees 376,415 303,085
Catering income 79,134 21,648
Mitchell building 29,530 29,530
Sundry income 10,363 856
524,976 366,122

DIRECT COSTS OF CHARITABLE ACTIVITIES
31.3.22 31.3.21
Staffcosts 454,529 389,764
Premises costs 44,740 26,171
Insurance 4,504 4,699
Nursery
and resources		 costs 865 463
Catering costs 42,109 25,085
Postage, stationery &phone 7,454 6,896
Advertising 849 108
Sundries 11,845 9,823
Repairs and equipment hire 26,632 81,319
Computer
costs		 3,498 4,153
Training
costs		 1,745 164
Motor and travel 2,466 3,167
Professional
fees		 2,843 757
Bank charges 3,186 2,602
Loan interest 906
Depreciation 29,849 59,618
Loss on sale oftangible fixed assets 47
Bad debts 1,940 (1,776)
Support costs (note 7) 36,861 40,540
676,868 653,553

Support Total Total
Governance costs 31.3.22 31.3.21
Staffcosts 30,671 30,671 34,695
Accountancy 6,190 6,190 5,845
6,190 30,671 36,861 40,540

Net resources are stated after charging/(crediting):
31.3.22 31.3.21
Depreciation 29,849 59,618
Independent examiner's fee 2,760 2,760

31.3.22 31.3.21
Wages and salaries 453,548 396,943
Social security costs 20&514 16,556
Other pension costs 11,138 10,960
485,200 424,459
The average monthly number ofemployees during the year was as follows:
31.3.22 31.3.21
Employees 36 35

Children's Improvements Motor
Centre to property Equipment Vehicles Totals
8
COST
At 1st April 2021 518,837 714,644 261,938 8,732 1,504,151
Additions
Disposals (23,847) (8,732) (32,579)
At 31stMarch 2022 518,837 714,644 238,091 1,471,572
DKPRKCIATION
At 1stApril 2021 151,831 633&482 223,170 4,366 1,012,849
Charge for year 10,377 9&952 7,701 1,819 29,849
Disposals (6,185) (6,185)
At 31stMarch 2022 162,208 643&434 230,871 1,036,513
NKT BOOK VALUE
At 31stMarch 2022 356,629 71,210 7,220 435,059
At 31stMarch 2021 367,006 81,162 38,768 4,366 491,302

DEBTORS:AMOUNTS FALLING DUE WIT HIN ONE YEAR
31.3.22 31.3.21
Trade debtors 20,177 6,210
Prepayments 3,359 13,360
23,536 19,570

CREDITORS: AMOUNTS FALLING DUE WITHIN ONK YEAR
31.3.22 31.3.21
Bank loans 5,112 3,751
Trade creditors 6,029 48,158
Taxation and social security 5,654 5,863
Accruals and deferred income 7,533 54,421
Other creditors 2,056 2,406
26,384 114,599
31.3.22 31.3.21
Bank loans 41,137 46,249
41,137 46,249
Amounts
falling		 due in more than five years:
Repayable
by instalments
Bank loans 19,364 25,013
ANALYSIS OFNET ASSETSBETWEEN FUNDS
Unrestricted Restricted 31.3.22 31.3.21
funds funds Total funds Total funds
5
Fixed assets 403,974 31,085 435,059 491,302
Net current assets 152,871 37,715 190,586 250,548
Long term liabilities (41,137) (41,137) (46,249)
515,708 68,800 584,508 695,601
MOVEMKNT
IN FUNDS
Net
movement
At 1.4.21 in funds At31.3.22
Unrestricted
funds
General
fund		 176,280 (59,175) 117,105
Mitchell Building 416,308 (17,705) 398,603
Total unrestricted funds 592,588 (76,880) 515,708
Restricted
funds
Art Project 526 (526)
Awards for All 2,987 (1,493) 1,494
Elderly and Dementia 20,000 (4,000) 16,000
Community
Research Project		 6,446 6,446
Family Nurturing 735 735
Food bank 500 704 1,204
Kangaroo Family Nurturing 5,250 5,250
Peel Trust 648 (648)
Power to change 59,888 (30,297) 29,591
REAL 18,022 (9,942) 8,080
Other 442 (442)
Total restricted funds 103,013 (34,213) 68,800
TOTAL FUNDS 695,601 (111&093) 584,508

Incoming Resources Movement
resources expended Transfers in funds
Unrestricted
funds
General fund 547,192 606,367 (59,175)
Mitchell Building 17,705 (17,705)
Total unrestricted funds 547,192 624,072 (76,880)
Restricted funds
Art Project 526 (526)
Awards
for All		 1,493 (1,493)
Elderly and Dementia 4,000 (4,000)
Community
Research Project		 10,798 4,352 6,446
Family Nurturing 735 735
Food bank 1,800 1,096 704
Kangaroo Family Nurturing 5,250 5,250
Peel Trust 648 (648)
Power to change 30,297 (30,297)
REAL
Other		 9,942
442		 (9,942)
(442)
Total restricted funds 18,583 52,796 (34,213)
TOTAL FUNDS 565,775 676,868 (111,093)
OPERATING LEASE COMMITMENTS
31.3.22 31.3.21
Expiry date:
Within one year 2,275 4,776
Between one and five years 1,137 1,856
3,412 6,632

31.3.22 31.3.21
INCOMING RESOURCES
Donations
and		 legacies 1,120 7,478
Incoming
resources from charitable		 activities
Project related grants 18,583 100,682
COVID-19 grants 21,072 170,939
39,655 271,621
Other trading activities
Community
Centre income		 29,534 11,003
Nursery fees 376,415 303,085
Catering 79,134 21,648
Mitchell building 29,530 29,530
Sundry income 10,363 856
524,976 366,122
Investment
income		 24 77
Total incoming resources 565,775 645,298
RESOURCES EXPENDED
Charitable
activities
Staff costs 454,529 389,764
Premises costs 44,740 26,171
Insurance 4,504 4,699
Nursery
and resources		 costs 865 463
Catering costs 42,109 25,085
Postage, stationery &phone 7,454 6,896
Advertising 849 108
Sundries 11,845 9,823
Repairs and equipment hire 26,632 81,319
Computer
costs		 3,498 4,153
Training
costs		 1,745 164
Motor and travel 2,466 3,167
Professional
fees		 2,843 757
Bank charges 3,186 2,602
Loan interest 906
Depreciation 29,849 59,618
Loss on sale oftangible fixed assets 47
Bad debts 1,940 (1,776)
Support costs 36,861 40,540
Total resources expended 676,868 653,553
Net (111,093) (8,255)