| Tnlstees: | David Rawdiffe (Chair) | David Rawdiffe (Chair) | David Rawdiffe (Chair) | |
|---|---|---|---|---|
| Jerome Tucker (Treasurer) | ||||
| Kay Bugg | ||||
| Matt Western | ||||
| Adrienne Keen (resigned Iy"April 2021) |
||||
| Jojo Norris | ||||
| Bernard Davies |
||||
| Robert Zara | ||||
| Helen Adkins | ||||
| Will Roberts (appointed 28"May 2021) | ||||
| Amanda May (appointed 23"January 2022) Krishan Bhardwaj (appointed 8"June 2022) |
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| Company Number. | 3521640 | |||
| Charity Number. | 1077333 | |||
| Company Secmtary: | Mary Briggs | |||
| Registered Office & | SYDNI Centre | |||
| Charity Address: | Cottage Square | |||
| Sydenham | ||||
| Leamington Spa |
||||
| Warwickshire | ||||
| CV311PT | ||||
| HSBCBank pic | ||||
| Virgin Money | ||||
| The Co-operative | Bank | |||
| Close Brothers Savings | ||||
| Independent | Examiner: | Steven Mugglestone | BA(Hons) FCA | |
| Michael Harwood | &Co | |||
| Greville House | ||||
| 10Jury Street | ||||
| Warwick | ||||
| CV344EW |
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
|---|---|---|---|---|---|---|---|
| Note | Unrestricted | Restricted | Total | Unrestricted | |||
| f. | f | f | f | (as restated) f |
las restated) f |
||
| Income from: | |||||||
| Donations and grants | 3 | 8,459 | 49,430 | 57,889 | 18,744 | 59,132 | 77,876 |
| Charitable activities |
4 | 100,911 | 100,911 | 32,726 | 32,726 | ||
| Investments | 827 | 1,451 | 1,451 | ||||
| Total Income | 110,197 | 49,430 | 159,627 | 52,921 | 59,132 | 112,053 | |
| Expenditure on: |
|||||||
| Raisingfunds | |||||||
| Charitable activities |
53,541 | 155,753 | 52,565 | 134,366 | |||
| Other costs | 7,376 | 6,226 | 13,602 | 5,714 | 5,397 | 11,111 | |
| Total Expenditure | 59,767 | 169,355 | 87,515 | 57,962 | 145,477 | ||
| Net income /(expenditure) | 609 | (10,337) | (9,728) | (34,594) | 1,170 | (&,424) | |
| Transfers between funds | |||||||
| Net mtwement infunds |
(10,337) | (9,728) | (34,594) | 1,170 | (33,424) | ||
| Total funds brought forward | 148,680 | 1,056,588 | 1,205,268 | 183,274 | 1,055,418 | 1,238,692 | |
| Total funds canied forward | 14 | 149,289 | 1,046,251 | 1,195,540 | 14I4680 | 1,056,588 | 1,205,268 |
| ture incurred forward on |
in 2018and 2019respectively. The change has resultedin the 1"April 2021increasing by E38,330: |
Restricted Fund |
|---|---|---|
| E | ||
| Capitalisation | ofOutdoor Play Area expenditure | 43,445 |
| Capitalisation | ofKitchen Refit expenditure | 9,795 |
| Disposal ofold kitchen equipment Accumulated depreciation on Outdoor Play Area to31"March 2021 Accumulated depredation on Kitchen Refitto31"March 2021 |
(37,076) (12,948) (1,962) |
|
| Depreciation | eliminated on disposal ofold kitchen equipment |
37,076 |
| 38,330 | ||
| Total Charity | Funds as previously stated at31"March 2021 | 1,166,938 |
| Prior Period | Adjustment | 38,%0 |
| Total Charity | Funds asrestated at 31*'March 2021 | 1,205,268 |
| Donations a | nd Grant Income | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2022 | 2021 | 2021 | 2021 | |||||
| Unrestricted | Total | Unrestncted | Restricted | Total | |||||
| E | E | E | f | E | |||||
| individuals | 1,239 | 3,429 | 4,120 | 4,927 | |||||
| Warwick District Coundl | 41,500 | 47,500 | 47,500 | ||||||
| Warwick County Coundl | 2,000 | 7,025 | 7,025 | ||||||
| The Rowland | Trust | 3,500 | 3,500 | ||||||
| Asda Foundation | 300 | ||||||||
| The National | Lottery Community | Fund | 10,000 | ||||||
| St.Mary's PCC | 2,900 | 2,900 | |||||||
| Coronavirus | Job Retention Scheme | 1,724 | 1,724 | ||||||
| Sevem Trent | 5,000 | ||||||||
| Leamington | Town Coundl | 1,000 | |||||||
| William Cadbury Trust |
1,000 | ||||||||
| 8,459 | 49,429 | 57,888 | 18,744 | 59,132 | |||||
| Charitable Activities Income | |||||||||
| 2022 | 2022 | 2021 | 2021 | 2021 | |||||
| Unrestricted | Total | Unrestricted | Restrictad | Total | |||||
| E | E | E | E | E | |||||
| Catering | 28,895 | 28,895 | 8,388 | ||||||
| Room hire | 58,511 | 58,511 | 11,657 | ||||||
| Day Suite lease | 12,500 | 12,500 | 12,500 | ||||||
| Hire income | 204 | 204 | 72 | ||||||
| Miscellaneous | 801 | 801 | 109 | ||||||
| 100,911 | 100,911 | 32,726 | |||||||
| 1j7 |
| Staff Costs | 2021 | |
|---|---|---|
| E | ||
| Staff costs du ding the year amounted to: | ||
| Salaries and wages | 88,782 | 79,188 |
| Sodal security costs | ||
| Pension costs | 3,142 | 2,800 |
| 92,637 | 82,191 |
| No | employee | received emoluments | over E60,01XL |
|---|---|---|---|
| The | average | number ofstaff during | the year was 7(2021—6). |
| Tangible Fix | ed Assets | |||||
|---|---|---|---|---|---|---|
| Long | Fixtums & | Fixtures & | ||||
| Leasehold | Fittings | Fittings | ||||
| Buildings | Equipment | (29%SL) | (il%SL) | Total | ||
| E | E | E | ||||
| Cost | ||||||
| At1April 2021(as restated) | 4,967 | 71,816 | 1,090,656 | |||
| Additions | 3,048 | 3,382 | 6,430 | |||
| Disposals | ||||||
| At31March | 2022 | 8,015 | 29,548 | 75,198 | 1,097,085 | |
| Accumulated | Depmciation | |||||
| At 1April 2021 (asrestated) | 27,905 | 53,079 | ||||
| Charge for period | 7,250 | 10,610 | ||||
| Disposals | ||||||
| At31March | 2022 | 4,447 | 24,087 | 35,155 | 63,689 | |
| Net BookValues | ||||||
| At31March | 2022 | 3,568 | 1,033,396 | |||
| At31March | 2021 | 7,941 | 1,037,577 | |||
| (asrestated) |
| Trade debtors | 6,183 | 14,040 |
|---|---|---|
| Prepayments | 1,091 | 1,276 |
| Taxation and social security | 1,355 | |
| 7,274 | 16,671 | |
| Cruditorsr amounts falling due within one year |
||
| Trade creditors | 13,991 | 3,229 |
| Taxation and sodal security | 1,873 | |
| Other creditors | 10,031 | 9,418 |
| Accruals | 3,760 | 3,547 |
| 16,194 |
| Movements on Funds |
||||||||
|---|---|---|---|---|---|---|---|---|
| Balance At | ||||||||
| 01.0iL21 | Income In | Expenditure | Transfers | Balance At | ||||
| ias restated) | Period | In Period | In Period | 31.0&22 | ||||
| E | E | E | E | E | ||||
| Unrestricted funds: |
||||||||
| General Funds | 44,451 | 110,197 | (109,588) | 45,060 | ||||
| Designated funds: | ||||||||
| Operational Contingency |
Fund | 80,000 | 80,000 | |||||
| Repairs &Renewals | Fund | 4,217 | 4,217 | |||||
| JRDrew Legacy | 20,012 | 20,012 | ||||||
| 148,680 | 110,197 | (109,588) | 149,289 | |||||
| Restricted funds: | ||||||||
| Building &Equipment | Fund | 984,325 | 984,325 | |||||
| Sydenham Together Fund |
9,578 | 27,000 | (36,578) | |||||
| Outdoor Play Area | 30,497 | (4,345) | 2@152 | |||||
| Kitchen Refit | 7,833 | (979) | 6,854 | |||||
| COVID Response Fund | 5,479 | 670 | (1„114) | 5,035 | ||||
| CEVSupportFund | 2,000 | (2,000) | ||||||
| Community Cafe Card |
Operation | 2,750 | (2,750) | |||||
| Rowland Trust Grant | 3,427 | (875) | 2,552 | |||||
| The SYDNI Community | Cookbook | 3,593 | (2,675) | 918 | ||||
| Leamington Mural |
2,000 | (2,000) | ||||||
| WDC Additional Restrictions |
Grant | 12,500 | (3,796) | |||||
| Mote Singh Memorial | Garden | 1,381 | ||||||
| SYDNI Projects: Festival of~t |
1,614 | 1,614 | ||||||
| History Project | 768 | 768 | ||||||
| Pizza Oven Build | 1,1?3 | 1,123 | ||||||
| Community Garden |
Project | 52 | 52 | |||||
| Easter Holiday Activities | 1,728 | (1,280) | 448 | |||||
| Geared Up Project | 1,500 | 1,500 | ||||||
| Cydes Skills Track | 642 | 642 | ||||||
| Youth Work | 759 | 764 | ||||||
| International Women's |
Day | 324 | (270) | 54 | ||||
| SYDNI Outdoors | 1,380 | (27) | 1,353 | |||||
| May Festival | 1,117 | (2) | 1,396 | |||||
| Smart Start | 1,076 | (1,076) | ||||||
| SWEAT | 511 | 511 | ||||||
| Kitchen Redesign | 105 | 105 | ||||||
| 1,056,588 | 49,430 | (59,767) | 1,046,251 | |||||
| TOTAL FUNDS | 1.205,268 | (169,355) |
| 1S. | Funds | |||||
|---|---|---|---|---|---|---|
| (i) | Designated | funds | ||||
| Operational | Funds setaside toactasasafety net and utilised only when the charity | is | ||||
| Contingency | Fund | struggling finanaally. |
||||
| Repairs &Renewals | Funds set aside forthe refurbishment ofthe cafe kitchen. This is likely |
to be | ||||
| Fund | utilised in the next financial year. |
|||||
| JRDrew Legacy | This represents an unrestricted bequest fium Richard and Joy Drew. TheTrustees |
|||||
| are intending to invest it on resources that will aid SYDNI's finandal | ||||||
| sustainability. | ||||||
| (ii) | Restncted funds | |||||
| Building and | This represents the value of the leasehold land and buildings occupied by |
the | ||||
| Equipment | Fund | charity. | ||||
| Sydenham Together | This representsa Community Developmentprojectthatcommencedin |
April 2015 | ||||
| Fund | and which has been jointly funded byOrbit Heart ofEngland Housing Assodatbn |
|||||
| and the VCS Service within Warwick District Council. The Fund istargeted | atpeoph | |||||
| living in Sydenham and aims to reduce sodal and finandal disadvantage. |
The | |||||
| service elements are;targeted outreach bythe Community Development Worker, |
||||||
| Sodal Prescnption and delivery ofactivities within the SYDNI Centre. |
||||||
| Outdoor Play | Area | This represents the value ofthe new outdoor play area built in 2018 and funded | ||||
| by grants and donations. | ||||||
| Kitchen Refit | This representsthe value ofthe kitchenrefit work completedin 2019and funded |
|||||
| by grants and donations. | ||||||
| COVID Response Fund | This represents afood project developed in response tothe financial |
impact of | ||||
| COVID 19pandemic on heal people's lives. Funded by DEFRAthrough | WCC | also | ||||
| supported by donations from the general public and PechaKucha Leamington |
Spa, | |||||
| the Community Cafe Gift Card Scheme aims to alleviate food poverty through gifting offruit and veg bags and community cafe meals tothose most in need. |
the The |
|||||
| project functions collaboratively between Warwick District community |
hubs. | |||||
| CEVSupportFund | This represents targeted outreach and remote support for people |
who | are | |||
| identified as Clinically Extremely Vulnerable to COVID 19.Funded by WDC. | ||||||
| Community | Cafe Card | This represents funding received from WDC to fund the ongoing operational |
||||
| Operation | organisation and management ofthe Community Gift Card Scheme. |
|||||
| Rowland Trust Grant | Grant received to help cover the costofnew CCTV cameras. | |||||
| The SYDNI Community | Several grants were received to cover the cost of printing and distributing |
the | ||||
| Cookbook | Cookbook. | |||||
| 23 |
| Tangible | |||||
|---|---|---|---|---|---|
| Fixed | Current | ||||
| At31March | 2022: | Assetsf | Assets f |
Uabilities f |
Total f. |
| Restricted funds Unrestricted funds |
1.021,237 12,159 |
31,227 160,572 |
(6,213) (23,442) |
1,046,251 149,289 |
|
| 1,033,396 | 191,799 | (29,655) | 1,195,540 | ||
| At31March | 2021(asrestated): | ||||
| Restrktedfunds Unrestricted funds |
1,026,083 11,494 |
32,505 151,380 |
(2,000) (14,194) |
||
| 1,037,577 | (16,194) | 1,205,268 |