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AYBREAK
FamltyGroup Conferences
Daybreak Family
Group Conferences
Annual Report 2021-22
##
|Report ofthe Trustees|1-16|
|---|---|
|Auditors'
Report|17-19|
|Statement
of Financial Activities|20|
|Balance Sheet|21|
|Cash Flow Statement|22|
|Notes forming
part ofthe Financial Statements|23-34|
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|||||f|f|e|
|Income and endowments|from:||||||
|Charitable
activities|||975,787|272,896|1,248,683|1,256,057|
|Investment
Income|||3,602||3,602|990|
|Total|||979,389|272,896|1,252,285|1,257,047|
|Resources Expended|||||||
|Raising Funds|||8,494||8,494|9,605|
|Charitable
Activities|||773,768|169,839|943,607|973,295|
|Other|||6,987||6,987|8,260|
|Total|||789,249|169,839|959,088|991,160|
|Net (Resources Expended)/Incoming|||||||
|Resources|||190,140|103,057|293,197|265,887|
|Transfer between
Funds|||||||
|Net (Resources Expended)/Incoming|||||||
|Resources after transfer|between|Funds|190,140|103,057|293,197|265,887|
|Net Movement
in Funds:|||||||
|Fund balances brought forward at||1"April 2021|210,281|371,612|581,893|316,006|
|Fund balances carried forward at 31"March|||||||
|2022||18|400,421|474,669|875,090|581,893|
|BALANCE SHEET AS AT 31' MARCH 2022|BALANCE SHEET AS AT 31' MARCH 2022|BALANCE SHEET AS AT 31' MARCH 2022||||||
|---|---|---|---|---|---|---|---|
||||Notes||2022||2021|
|Fixed Assets||||||||
|Tangible Assets|||10||3,224||13,466|
|Current Assets||||||||
|Debtors||||133,131||183,437||
|Cash at Bank and in|Hand|||1,003,560||954,728||
|||||1,136,691||1,138,165||
|Creditors: amounts|falling due within one|||||||
|year|||12|(220,788)||(513,702)||
|Net Current Assets|||||915,903||624,463|
|Total Assets less Current||Liabilities|||919,127||637,929|
|Creditors; amounts|falling due after more|||||||
|than one year|||14||(3,387)||(5,325)|
|Provisions for liabilities||and charges|15||(40,650)||(50,711)|
|Net Assets|||||875,090||581,893|
|Funds:||||||||
|Unrestricted
Funds||||||||
|Designated|funds|||||||
|Generalunrestricted
funds||||400,421|400,421|210,281|210,281|
|Restricted
Funds|||||474,669||371,612|
|Total Funds|||18||875,090||581,893|
|CASH FLOW FOR THE YEAR ENDED 31|CASH FLOW FOR THE YEAR ENDED 31|MARCH 2022|MARCH 2022|MARCH 2022|||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||f|s|
|Cash flows from operating
activities:|||||||||
|Net cash provided
by operating
activities|||||||45,230|589,725|
|Cash flows from investing
activities|||||||||
|Interest received|||||||3,602|990|
|Purchase of Equipment||||||||(9,669)|
|Net cash provided
by investing
activities|||||||3,602|(8,679)|
|Cash flows from financing
activities|||||||||
|Net Cash provided
by financing activities|||||||||
|Change
in cash and cash equivalents|in the||reporting|period|||48,832|581,046|
|Cash and cash equivalents
atthe beginning|||ofthe reporting|||period|954,728|373,682|
|Change
in cash and cash equivalents|due to exchange||||rate movements||||
|Cash and cash equivalents
at the end|of|the|reporting||period||1,003,560|954,728|
|Reconciliation
ofnet income/(expenditure)|||to net cash||flow|from operating|||
|activities|||||||||
|Net income/(expenditure)
for the reporting||period (as per the|||||||
|statement
offinancial activities)|||||||293,197|265,887|
|Adjusted for:|||||||||
|Depreciation
charges|||||||10,243|10,243|
|Dividends,
interest
and rents from investments|||||||(3,602)|(990)|
|(Increase)/decrease
in debtors|||||||50,305|(6,911)|
|Increase/(decrease)
in creditors|||||||(304,913)|321,496|
|Net cash provided
by operating
activities|||||||45,230|589,725|
|Analysis ofcash and cash equivalents|||||||||
|Cash in hand|||||||1,003,560|954,728|
|Notice deposits (less than 3months)|||||||||
||||||||1.,003,560|954,728|
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|3.|GRANTS AND CONTRACTS||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||f||
||Income arising from the provision of|Family Group|Conferences|and|||
||related activities||||1,248,683|1,256,057|
||Represented
by;||||||
||Restricted
Income||||272,896|396,369|
||Unrestricted
Income||||975,787|859,688|
|4.|INVESTMENT INCOME||||||
||||||2022|2021|
||Interest received||||3,602|990|
||Investment
income was unresticted|in both current|and prior|years|||
|5.|GOVERNMENT
GRANTS||||||
||||||2022|2021.|
||||||f|f|
||Deferred Income b/fwd||||296,709|111,395|
||Income received from Government|Grants|||0|581,683|
||Amount
released to income||||-272,896|-396,369|
||Deferred Income c/fwd||||23,813|296,709|
##
##
|||2022|2021|
|---|---|---|---|
|Costs directly allocated to|activities|||
|Staff costs and expenses||329,325|316,277|
|Cost offamily meetings||368,620|394,571|
|Evaluation
and research||||
|Office costs||4,522|4,522|
|Audit fees||6,930|8,260|
|Trustee ®ulatory||57||
|Support costs to which the projects make a contribution||||
|General staff costs 8 expenses||169,872|192,099|
|Office costs||57,890|54,744|
|I egalg
professional||7,164|7,873|
|gank charges||1,819|656|
|Insurance||2,646|1,915|
|Depreciation||10,243|10,243|
|Tota I Resources expended||959,088|991,160|
|Represented
by:||||
|Restricted
Expenditure||169,839|206,605|
|Unrestricted
Expenditure||789,249|784,555|
|||959,088|991,160|
|NET INCOMING
RESOURCES FOR THE YEAR||||
|||2022|2021|
|Total Resources expended|include:|||
|Auditors'
Fees:||||
|Audit||6,930|8,260|
|Other Services||1,674|1,656|
|Depreciation||10,243|10,423|
##
##
|STAFF COSTS|||
|---|---|---|
||2022|2021|
||f||
|Wages and Salaries|418,590|433,613|
|Socia I Security costs|41,185|42,739|
|Pension costs|29,816|29,684|
||489,591|506,036|
||||2022|2021|
|---|---|---|---|---|
|Full|Time|Staff|9|9|
|Part|Time|staff|7|5|
|Full|Time|equivalents|14|12|
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|TANGIBLE FIXED ASSE|TS||||||
|---|---|---|---|---|---|---|
|||||Project and|Software|Total|
|||||ONce
Equipment|Development||
|Cost||||f|c|f|
|At 1st April 2021||||9,669|21,060|30,729|
|Additions|||||||
|Disposa Is|||||||
|At 31st March 2022||||9,669|21,060|30,729|
|~Di ti|||||||
|At 1st April 2021||||3,222|14,040|17,262|
|Charge for year||||3,223|7,020|10,243|
|Disposals|||||||
|At 31st March 2022||||6,445|21,060|27,505|
|Net BookValue|||||||
|At 31st March 2021||||6,447|7,020|13,467|
|At 31st March 2022||||3,224|0|3,224|
|Included
in the above|are assets|held under hire purchase contracts with net book value ofa3,224|||||
|(2021-a6 447) and depreciation||charged|in the year|ofa3 223(2021-a3 222).|||
|Software Development|is a Management||Information|System that has been developed
and went|||
|live in April 2019.This|is being depreciated||over 3years in accordance with the||Tangible
Fixed||
|Assets accounting
policy.|||||||
|DEBTORS|||||||
||||||2022|2021|
||||||f|f|
|Grants &Contracts Receivable|||||102,412|177,042|
|Prepayments
and accrued income|||||30,719|6,395|
||||||133,131|183,437|
##
|CREDITORS' AM|OUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2022|2021|
||||f|e|
|Taxation and Social Security costs|||10,409|16,677|
|Net Obligations|under|hire purchase contracts|1,935|1,935|
|Other creditors|||36,682|42,174|
|Accruals and deferred||income|171,762|452,916|
||||220,789|513,702|
##
##
|Balance|asat 1April 2021|asat 1April 2021||430,804|
|---|---|---|---|---|
|Amounts|released|to incoming|resources|(430,804)|
|Amount|deferred|in year||125,514|
|Balance|asat 31|March 2022||125,514|
##
|Net o|bli|gations
under hire purchase contracts|||
|---|---|---|---|---|
||||2022|2021|
||||f|f|
|Repayable||within one year|1,935|1,935|
|Repayable||within one and five years|3,387|5,325|
||||5,322|7,260|
|Included|in|liabilities falling due within one year|(1,935)|(1,935)|
||||3,387|5,325|
|PROVISIONS FOR|PROVISIONS FOR|LIABILITIES|AND CHARGES||
|---|---|---|---|---|
|Balance|as at 1April 2021|||50,711|
|Amounts|released|to incoming|resources|(50,711)|
|Amount|deferred|in year||40,650|
|Balance|as at 31|March 2022||40,650|
##
##
|At 31March 2022, the charitable
company was committed
non-cancellable
operating
leases.|to making the following
payments
und|er|
|---|---|---|
||2022|2021|
|Operating
leases which expire:|||
|Less than 1year|1,307|1,307|
|Between 2 and 5years|||
|Over 5years|||
||1,307|1,307|
##
|FINANCIAL
INSTRUMENTS||||
|---|---|---|---|
|Carrying amount offinancialassets;||||
|Debt instruments
measured at amortised|cost|1,105,972|1,131,770|
|Carrying
amount
offinancial
liabilities;||||
|Measured
at amortised
cost||40,480|47,912|
##
|||||At 1st
April||||At 31st March|
|---|---|---|---|---|---|---|---|---|
||||||Income|Expenditure|Transfers|2022|
|||||f|f|f|f|f|
|Restricted|Funds:||||||||
|Department|for|Education|||||||
|Grant|||18.1|371,612|272,896|(169,839)|0|474,669|
|Total Restricted||Funds||371,612|272,896|(169,839)|0|474,669|
|Unrestricted|Funds|||210,281|979,389|(789,249)|0|400,421|
|Designated|Funds|||0|0|0|0|0|
|TotalFunds||||581,893|1,252,285|(959,088)|0|875,090|
||||Notes|At 1st
April||||At 31st March|
|||||2020|Income|Expenditure|Transfers|2021|
||||||f|f|f|e|
|Restricted|Funds:||||||||
|Department|for|Education|||||||
|Grant|||18.1|181,848|396,369|(206,605)|0|371,612|
|Total Restricted||Funds||181,848|396,369|(206,605)|0|371,612|
|Unrestricted|Funds|||134,158|860,678|(784,555)|0|210,281|
|Designated|Funds|||0|0|0|0|0|
|TotalFunds||||316,006|1,257,047|(991,160)|0|581,893|
##
##
||Unrestricted|Funds|Restricted|Tota I|
|---|---|---|---|---|
||||Funds||
|Fund balances at 31st March 2022 are|||||
|represented
by:|||||
|Tangible
Fixed Assets||3,224|0|3,224|
|Net Current Assets|441,234||474,669|915,903|
|Creditors due after more than one year||(3,387)|0|(3,387)|
|Provisions for liabilities and charges|(40,650)||0|(40,650)|
|Total Net Assets|400,421||474,669|875,090|
||Unrestricted|Funds|Restricted|Tota I|
||||Funds||
|Fund balances at 31st March 2021are|||||
|represented
by:|||||
|Tangible
Fixed Assets||13,466|0|13,466|
|Net Current Assets||252,851|371,612|624,463|
|Creditors due after more than one year||(5,325)|0|(5,325)|
|Provisions for liabilities and charges||(50,711)|0|(50,711)|
|Total Net Assets||210,281|371,612|581,893|