||Page|
|---|---|
|Report ofthe Trustees|1 to 9|
|Independent<br>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|





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|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|Funds|
||Notes|8||5||
|INCOMING RESOURCES||||||
|Donations<br>and legacies||979|4,747|5,726|1,120|
|Charitable<br>activities||23,000|50,813|73,813|39,655|
|Other trading activities||570,848|8,072|578,920|524,976|
|Investment<br>income||769||769|24|
|Total incoming<br>resources||595,596|63,632|659,228|565,775|
|RESOURCES EXPENDED||||||
|Charitable<br>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<br>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|





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|||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<br>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<br>falling due after more than one year|14|35,896|41,137|
|NKT ASSETS||519,170|584,508|
|FUNDS|16|||
|Unrestricted<br>funds||467,572|515,708|
|Restricted funds||51,598|68,800|
|TOTAL FUNDS||519,170|584,508|





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|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from charitable|activities|||||
|Cash generated<br>from activities|||1|~15,437)|~151,084)|
|Net cash from charitable<br>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<br>activities||||769|2,524|
|Cash flows from financing|activities|||||
|New loans in year<br>Capital repayments<br>in year||||~5,112)|~3,751)|
|Net cash from financing<br>activities||||(5,112)|(3,751)|
|Increase/(decrease)<br>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<br>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<br>from charitable||activities|(15,437)|(151,084)|



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|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|





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|||31.3.23|31.3.22|
|---|---|---|---|
|Grant income||||
|Men's Shed||36,263||
|Big issue Invest||20,000||
|Rossendale<br>Borough|Council: Refugee Support|7,000||
|Rossendale<br>Borough|Council: Food Bank|5,000|1,800|
|LCC; Food Bank||3,000||
|The Shiva Trust: Refugee Support||1,200||
|Rossendale<br>Borough|Council: Refugee Grant|1,000||
|Rossendale<br>Borough|Council: Jubilee Grant|250||
|Rossendale<br>Borough|Council: Uniform Grant|100||
|Community<br>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|





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||||31.3.23|31.3.22|
|---|---|---|---|---|
|Community<br>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<br>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<br>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|





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|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|



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|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|





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|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|



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|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|





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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|Bank loans|||||35,896|41,137|
||||||35,896|41,137|
|Amounts<br>falling|due in more than five years;||||||
|Repayable<br>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<br>IN FUNDS|||||||
||||||Net||
||||||movement||
|||||At 1.4.22|in funds|At31.3.23|
|Unrestricted<br>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<br>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|




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||||Incoming|Resources||Movement|
|---|---|---|---|---|---|---|
||||resources|expended|Transfers|in funds|
|||||||5|
|Unrestricted<br>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<br>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<br>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<br>Centre income||||27,167|29,534|
|Nursery<br>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<br>income||||769|24|
|Total incoming|resources|||659,228|565,775|
|RESOURCES|EXPENDED|||||
|Charitable<br>activities||||||
|Staffcosts||||447,998|454,529|
|Premises costs||||54,644|44,740|
|Insurance||||5,097|4,504|
|Nursery<br>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<br>costs||||5,658|3,498|
|Training<br>costs||||2,519|1,745|
|Motor and travel||||429|2,466|
|Professional<br>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)|



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