2023-03-31-accounts

	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	15to 21
Detailed Statement ofFinancial Activities	22

				31.3.23	31.3.22
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	Funds
	Notes	8		5
INCOMING RESOURCES
Donations and legacies		979	4,747	5,726	1,120
Charitable activities		23,000	50,813	73,813	39,655
Other trading activities		570,848	8,072	578,920	524,976
Investment income		769		769	24
Total incoming resources		595,596	63,632	659,228	565,775
RESOURCES EXPENDED
Charitable activities		649,962	74,604	724,566	676,868
Total resources expended		649,962	74,604	724,566	676,868
NKT DEFICIT		(54,366)	(10,972)	(65,338)	(111,093)
Transfers		6,230	(6,230)
NKT MOVEMENT IN FUNDS	16	(48,136)	(17,202)	(65,338)	(111,093)
RECONCILIATION OF FUNDS
Total funds brought forward		515,708	68,800	584,508	695,601
TOTAL FUNDS CARRIED FORWARD		467,572	51,598	519,170	695,601

		31.3.23	31.3.22
	Notes
FIXEDASSETS
Tangible assets		407,514	435,059
CURRENT ASSETS
Stocks		4,284	1,621
Debtors	12	15,680	23,536
Cash at bank		172,033	191,813
		191,997	216,970
CREDITORS
Amounts falling due within one year	13	(44,445)	(26,384)
NET CURRENT ASSETS		147,552	190,586
TOTAL ASSETSLESSCURRENT
LIABILITIES		555,066	625,645
CREDITORS
Amounts falling due after more than one year	14	35,896	41,137
NKT ASSETS		519,170	584,508
FUNDS	16
Unrestricted funds		467,572	515,708
Restricted funds		51,598	68,800
TOTAL FUNDS		519,170	584,508

				31.3.23	31.3.22
			Notes
Cash flows from charitable	activities
Cash generated from activities			1	~15,437)	~151,084)
Net cash from charitable activities				(15,437)	(151,084)
Cash flows from investing	activities
Purchase oftangible fixed assets
Proceeds on disposal					2,500
Interest received				769	24
Net cash from investing activities				769	2,524
Cash flows from financing	activities
New loans in year Capital repayments in year				~5,112)	~3,751)
Net cash from financing activities				(5,112)	(3,751)
Increase/(decrease) in cash	and cash equivalents			(19,780)	(152,311)
Cash and cash equivalents	at beginning	ofyear		191,813	344,124
Cash and cash equivalents	at end ofyear			172,033	191,813

			31.3.23	31.3.22
Deficit for the year			(65,338)	(111,093)
Depreciation charges			27,545	29,849
Profit and loss on disposal				47
Finance income			(769)	(24)
			(38,562)	(81,221)
(Increase)/decrease	in stocks		(2,663)	(168)
(Increase)/decrease	in trade and other debtors		7,856	(3,966)
Increase/(decrease)	in trade and other creditors		17,932	(65,729)
Cash generated from charitable		activities	(15,437)	(151,084)

Balan	ce Sheet amounts:
Year	ended 31"March 2023
		31.3.23	1.4.22
Cash	and cash equivalents	172,033	191,813
Year	ended 31n March 2022
		31.3.22	1.4.21
Cash	and cash equivalents	191,813	344,124

		31.3.23	31.3.22
Grant income
Men's Shed		36,263
Big issue Invest		20,000
Rossendale Borough	Council: Refugee Support	7,000
Rossendale Borough	Council: Food Bank	5,000	1,800
LCC; Food Bank		3,000
The Shiva Trust: Refugee Support		1,200
Rossendale Borough	Council: Refugee Grant	1,000
Rossendale Borough	Council: Jubilee Grant	250
Rossendale Borough	Council: Uniform Grant	100
Community Research	Project		10,798
Kangaroo Family Nurturing			5,250
Family Nurturing			735
COVID-I9Specific grants:
The Local Restrictions	Support Grants		16,259
Job Retention Scheme	Fund		4,813
		73,813	39,655

			31.3.23	31.3.22
Community Centre		income	27&167	29,534
Nursery	fees		365&497	376,415
Catering	income		144,704	79,134
Mitchell	building		29,530	29,530
Sundry	income		12,022	10,363
			578,920	524,976

DIRECT COSTS OF	CHARITABLE ACTIVITIES
		31.3.23	31.3.22
Staffcosts		447,998	454,529
Premises costs		54,644	44,740
Insurance		5,097	4,504
Nursery and resources	costs	1,503	865
Catering costs		85,397	42,109
Postage, stationery &phone		6,285	7,454
Advert&sing		546	849
Sundries		9,486	11,845
Repairs and equipment	hire	32,177	26,632
Computer costs		5,658	3,498
Training costs		2,519	1,745
Motor and travel		429	2,466
Professional fees		2,724	2,843
Bank charges		3,243	3,186
Loan interest		1,098	906
Depreciation		27,545	29,849
Loss on sale oftangible	fixed assets		47
Bad debts		654	1,940
Support costs (note 7)		37,563	36,861
		724,566	676,868

		Support	Total	Total
	Governance	costs	31.3.23	31.3.22
				f
Staffcosts		32,371	32,371	30,671
Accountancy	5,192		5,192	6,190
	5,192	32,371	37,563	36,861

Net resource	s are stated	after charging/(crediting):
			31.3.23	31.3.22
Depreciation			27,545	29,849
Independent	examiner's	fee	2,940	2,760

STAFFCOSTS
				31.3.23	31.3.22
Wages and salaries				443,364	453,548
Social security costs				21,706	20,514
Other pension costs				15,299	11,138
				480,369	485,200
The average monthly	number ofemployees	during	the year was as follows:
				31.3.23	31.3.22
Employees				35	36

TANGIBLE FIXEDASSETS
	Children' s	Improvements
	Centre	to property	Equipment	Totals
COST
At 1stApril 2022	518,837	714,644	238,091	1,471,572
Additions
Disposals
At 31stMarch 2023	518,837	714,644	238,091	1,471,572
DEPRECIATION
At 1stApril 2022	162,208	643,434	230,871	1,036,513
Charge for year	10&377	9,948	7,220	27,545
Disposals
At 31stMarch 2023	172,585	653,382	238,091	1,064,058
NET BOOK VALUE
At 31stMarch 2023	346,252	61,262		407,514
At 31stMarch 2022	356,629	71,210	7,220	435,059

DEBTORS:AMOUNTS FALLING DUE WIT	HIN ONE YEAR
	31.3.23	31.3.22
Trade debtors	12,600	20,177
Prepayments	3,080	3,359
	15,680	23,536

CREDITORS: AMOUNTS FALLING DUE WITHIN	ONK YEAR
	31.3.23	31.3.22
Bank loans	5,241	5,112
Trade creditors	20,598	6,029
Taxation and social security	8,366	5,654
Accruals and deferred income	7,512	7,533
Other creditors	2,728	2,056
	44,445	26,384

					31.3.23	31.3.22
Bank loans					35,896	41,137
					35,896	41,137
Amounts falling	due in more than five years;
Repayable by instalments
Bank loans					13,572	19,364
ANALYSIS OF NET ASSETSBETWEEN			FUNDS
			Unrestricted	Restricted	31.3.23	31.3.22
			funds	funds	Total funds	Total funds
						f
Fixed assets			381,114	26,400	407,514	435,059
Net current assets			122,354	25,198	147,552	190,586
Long term liabilities			(35,896)		(35,896)	(41,137)
			467,572	51,598	519,170	584,508
MOVKMKNT IN FUNDS
					Net
					movement
				At 1.4.22	in funds	At31.3.23
Unrestricted funds
General fund				117,105	(30,435)	86,670
Mitchell Building				398,603	(17,701)	380,902
Total unrestricted		funds		515,708	(48,136)	467,572
Restricted funds
Awards for All				1,494	(1,494)
Elderly and Dementia				16,000	(12,726)	3,274
Community Research Project				6,446	(4&598)	1,848
Family Nurturing				735	(735)
Food bank				1,204	1,050	2,254
Kangaroo Family	Nurturing			5,250	(5,250)
Men's Shed					14,667	14,667
Power to change				29,591	(3,191)	26,400
REAL				8,080	(7,428)	652
Refugee Support					2,503	2,503
Other
Total restricted	funds			68,800	(17,202)	51,598
TOTALFUNDS				584,508	(65,338)	519,170

			Incoming	Resources		Movement
			resources	expended	Transfers	in funds
						5
Unrestricted funds
General fund			595,596	632,261	6,230	(30,435)
Mitchell Building				17,701		(17,701)
Total unrestricted		funds	595,596	649,962	6,230	(48,136)
Restricted funds
Awards for All				1,494		(1,494)
Elderly and Dementia				12,726		(12,726)
Community Research Project				4,598		(4,598)
Family Nurturing					(735)	(735)
Food bank			5,000	3,950		1,050
Kangaroo Family	Nurturing			5,250		(5,250)
Men's Shed			36,263	21,596		14,667
Power to change				3,191		(3,191)
REAL			1,896	3,829	(5,495)	(7,428)
Refugee Support			9,200	6,697		2,503
Other			11,273	11,273
Total restricted	funds		63,632	74,604	(6,230)	(17,202)
TOTALFUNDS			659,228	724,566		(65,338)
OPERATING LEASE COMMITMENTS
					31.3.23	31.3.22
Expiry date:
Within one year					1,217	2,275
Between one and	five years				311	1,137
					1,528	3,412

				31.3.23	31.3.22
INCOMING RESOURCES
Donations and	legacies			5,726	1,120
Incoming resources		from charitable	activities
Project related	grants			73,813	18,583
COVID-19 grants					21,072
				73,813	39,655
Other trading	activities
Community Centre income				27,167	29,534
Nursery fees				365,497	376,415
Catering				144,704	79,134
Mitchell building				29,530	29,530
Sundry income				12,022	10,363
				578,920	524,976
Investment income				769	24
Total incoming	resources			659,228	565,775
RESOURCES	EXPENDED
Charitable activities
Staffcosts				447,998	454,529
Premises costs				54,644	44,740
Insurance				5,097	4,504
Nursery and resources		costs		1,503	865
Catering costs				85,397	42,109
Postage, stationery &phone				6,285	7,454
Advertising				546	849
Sundries				9,486	11,845
Repairs and equipment		hire		32,177	26,632
Computer costs				5,658	3,498
Training costs				2,519	1,745
Motor and travel				429	2,466
Professional fees				2,724	2,843
Bank charges				3,243	3,186
Loan interest				1,098	906
Depreciation				27&545	29,849
Loss on sale oftangible		fixed assets			47
Bad debts				654	1,940
Support costs				37,563	36,861
Total resources	expended			724,566	676,868
Net				(65,338)	(111,093)