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|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)|||
|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|||
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|||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|
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|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|
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|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||||||
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|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).|
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|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)|||||||
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|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|
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|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)|||
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|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|||
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|||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|