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|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|7|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||10|to|11|
|Cash Flow Statement||||12||
|Notes to the Cash Flow||Statement||13||
|Notes to the Financial|Statements||14|to|22|
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|Performance
Measure||Actual|
|---|---|---|
|Trees Planted||56|
|Biodiversity
Projects||12|
|Sq Metres ofland Improved|/ maintained|137,163|
|Volunteers||54|
|Waste Removed &om Public|Spaces (kg)|250|
|Community
Clean Ups||8|
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|National
lottery|19,372|
|---|---|
|Charitable
grants|64,274|
|Public sector|69,929|
|Private sector|743,230|
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||OR THE|YEARE|NDED 31STMA|RCH 202|||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|126,905|769,846|896,751|236,815|
|Other trading activities||||||11,279|
|Investment
income|||54||54|121|
|Total|||126,959|769,846|896,805|248,215|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Salaries and Wages|||41,907|50,869|92,776|94,638|
|Office Expenses|||61,459|80,392|141,851|121,163|
|Total|||103,366|131,261|234,627|215,801|
|NET INCOME|||23,593|638,585|662,178|32,414|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||193,081|294,183|487,264|454,850|
|TOTAL FUNDS CARRIED FORWARD|||216,674|932,768|1,149,442|487,264|
##
|||31ST|MARCH 2022||||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||6||
|FIXEDASSETS|||||||
|Tangible
assets||10|21,990||21,990|15,910|
|Heritage assets||11||305,044|305,044|219,794|
||||21,990|305,044|327,034|235,704|
|CURRENT ASSETS|||||||
|Stocks||12||||732|
|Debtors||13|119,776|14,137|133,913|135,503|
|Investments||14||600,000|600,000||
|Cash at bank and in hand|||262,616|13,587|276,203|294,391|
||||382,392|627,724|1,010,116|430,626|
|CREDITORS|||||||
|Amounts
falling due within|one year|15|(84,690)||(84,690)|(57,205)|
|NKT CURRENT ASSETS|||297,702|627,724|925,426|373,42 1|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||319,692|932,768|1,252,460|609,125|
|ACCRUALS AND DEFERRED INCOME||16|(103,018)||(103,018)|(121,861)|
|NKT ASSETS|||216,674|932,768|1,149,442|487,264|
|FUNDS||17|||||
|Unrestricted
funds|||||216,674|193,081|
|Restricted funds|||||932,768|294,183|
|TOTAL FUNDS|||||1,149,442|487,264|
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|||||CA|H FLOW|STATEMENT||
|---|---|---|---|---|---|---|---|
||||F RTHE YEAREND|||D31STMARCH 2022||
|||||||31.3.22|31.3,21|
|||||Notes||||
|Cash tlows from operating|activities|||||||
|Cash generated
from operations||||||677,310|4,805|
|Net cash provided
by operating||activities||||677,310|4,805|
|Cash tlows from investing|activities|||||||
|Purchase oftangible fixed assets||||||(11,075)||
|Purchase ofheritage assets||||||(85,250)||
|Sale oftangible fixed assets||||||773||
|Purchase ofother investments||||||(600,000)||
|Interest received||||||54|121|
|Net cash (used in)/provided|by|investing||activities||(695,498)|121|
|Change
in cash and cash equivalents||||in||||
|the reporting
period||||||(18,188)|4,926|
|Cash and cash equivalents|at|the||||||
|beginning
ofthe reporting|period|||||294,391|289,465|
|Cash and cash equivalents|at|the|end|of||||
|the reporting
period||||||276,203|294,391|
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|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
||||||6|
|Net income for the
Activities)||reporting|period (as per the Statement ofFinancial|662,178|32,414|
|Adjustments
for:
Depreciation
charges
Interest received||||4,222
(54)|3,321
(121)|
|Increase/(Decrease)
Decrease in stocks||in group creditor||35,850
732|8,696|
|Decrease/(increase)
(Decrease)/increase||in debtors
in creditors||1,590
(27,208)|(44,632)
5,127|
|Net cash provided|by operations|||677,310|4,805|
|ANALYSIS OF CHANGES IN NET FUNDS||||||
||||At 1.4.21|Cash flow|At 31.3.22|
|Net cash||||||
|Cash at bank and in||hand|294,391|(18,188)|276,203|
||||294,391|(18,188)|276,203|
|Liquid resources||||||
|Deposits included|in cash|||||
|Current asset investments||||600,000|600,000|
|||||600,000|600,000|
|Total|||294/91|581,812|876,203|
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|Plant and|machinery|20% on cost|
|---|---|---|
|Fixtures|and fittings|33%on cost|
|Motor vehicles||20%on cost|
|Computer|equipment|20%on cost|
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||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|
||||||8|8|
||Donations||||687,567||
||Grants||||83,646|93,821|
||Rent charge||||11,024|59,915|
||Land management||||114,514|83,079|
||||||896,751|236,815|
||Grants received,|included||in the above, are as follows:|||
||||||31.3.22|31.3.21|
|||||||6|
||Small grants|||||572|
||WCVA||||19,917|39,700|
||Heritage Lottery||||19,372|24,950|
||Groundwork
UK|||||3,498|
||Aviva|||||539|
||Community
Foundation|||Wales||19,592|
||Millenium
Stadium Trust|||||4,970|
||Swire Charitable|Trust|||24,373||
||Postcode Community||Trust||19,984||
||||||83,646|93,821|
|3.|OTHER TRADING||ACTIVITIES||||
||||||31.3.22|31.3.21|
||JRS claims|||||11,565|
||Training fees|||||(926)|
||Other receipts|||||640|
|||||||11,279|
|4.|INVESTMENT|INCOME|||||
||||||31.3.22|31.3.21|
||Deposit account|interest|||54|121|
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|CHARITABLE AC|TI|VITIES C|OSTS|||
|---|---|---|---|---|---|
||||||Direct|
||||||Costs|
||||||6|
|Salaries and Wages|||||92,776|
|Office Expenses|||||141,851|
||||||234,627|
|NKT INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)||is stated|aller charging/(crediting):|||
|||||31.322|31.3.21|
|Depreciation - owned|assets|||4,222|3,321|
|TRUSTEES' REMUNERATION|||AND|BENEFITS||
|There were no trustees'||remuneration|or other benefits for the year ended 31stMarch 2022 nor for||the year
ended|
|31stMarch 2021.||||||
|Trustees'
expenses||||31.3.22|31.3.21|
|||||6||
|Trustees' expenses|||||29|
|STAFFCOSTS||||||
|||||31.3.22|31.3.21|
|Wages and salaries||||80,626|89,386|
|Social security costs||||7,496|3,246|
|Other pension costs||||4,654|2,006|
|||||92,776|94,638|
|The average monthly|number ofemployees|||during the year was as follows:||
|||||31.3.22|31.3.21|
|Office and management||||6|6|
##
|||NOTES TO THE FINANCIAL STATEMENTS - continued|NOTES TO THE FINANCIAL STATEMENTS - continued|NOTES TO THE FINANCIAL STATEMENTS - continued|||
|---|---|---|---|---|---|---|
|||F RT||ENDED 31STMARCH 2022|||
||COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||||Unrestricted|Restricted|Total|
|||||funds|fundsI|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||142,604|94,211|236,815|
||Other trading activities|||11,279||11,279|
||Investment
income|||121||121|
||Total|||154,004|94,211|248,215|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||Salaries and Wages|||40,344|54,294|94,638|
||Office Expenses|||57,504|63,659|121,163|
||Total|||97,848|117,953|215,801|
||NET INCOME/(EXPENDITURE)|||56,156|(23,742)|32,414|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought forward|||136,925|317,925|454,850|
||TOTAL FUNDS CARRIED FORWARD|||193,081|294,183|487,264|
|10.|TANGIBLE FIXEDASSETS||||||
|||||Improvements||Fixtures|
|||||to|Plant and|and|
|||||property|machinery
I|fittings|
||COST||||||
||At 1stApril 2021|||11,232|58,833|11,232|
||Additions||||||
||Disposals|||(773)|||
||At 31stMarch 2022|||10,459|58,833|11,232|
||DEPRECIATION||||||
||At 1stApril 2021|||2,430|58,512|11,232|
||Charge for year|||1,230|321||
||At 31stMarch 2022|||3,660|58,833|11,232|
||NET BOOK VALUE||||||
||At 31stMarch 2022|||6,799|||
||At 31stMarch 2021|||8,802|321||
##
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||
OR THEYEAR ENDE|3 1STMARC|H 2022|||
|---|---|---|---|---|---|
|10.|TANGIBLE FIXEDASSETS - continued|||||
||||Motor|Computer||
||||vehicles|equipment|Totals|
||COST|||||
||At 1stApril 2021||11,512|16,579|109,388|
||Additions||11,075||11,075|
||Disposals||||(773)|
||At 31stMarch 2022||22,587|16,579|119,690|
||DEPRECIATION|||||
||At 1st April 2021||4,725|16,579|93,478|
||Charge for year||2,671||4,222|
||At 31stMarch 2022||7,396|16,579|97,700|
||NET BOOK VALUE|||||
||At 31stMarch 2022||15,191||21,990|
||At 31stMarch 2021||6,787||15,910|
|11.|HERITAGE ASSETS|||||
||||||Total|
||||||8|
||MARKET VALUE|||||
||At 1st April 2021||||219,794|
||Additions||||85,250|
||At 31stMarch 2022||||305,044|
||NET BOOK VALUE|||||
||At 31stMarch 2022||||305,044|
||At 31stMarch 2021||||219,794|
||The directors have valued the Heritage Assets having|sought advice.||||
|12.|STOCKS|||||
|||||31.3.22|31.3.21|
||Stocks||||732|
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||NOTES TO THE
INANCIAL STATEMENTS - continued
F R
EYEAR ENDED 31STMARCH 2022|NOTES TO THE
INANCIAL STATEMENTS - continued
F R
EYEAR ENDED 31STMARCH 2022|||
|---|---|---|---|---|
|13.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.3.22|31.3.21|
||Trade debtors||76,356|92,183|
||Amounts
owed by group undertakings||43,320|43,320|
||Accrual income||14,137||
||Prepayments||100||
||||133,913|135,503|
|14.|CURRENT ASSET|INVESTMENTS|||
||||31.3.22|31.3.21|
|||||f,|
||Other||600,000||
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31,3.22|31.3.21|
||Trade creditors||6,223|16,320|
||Amounts
owed to group undertakings||73,556|37,706|
||Social security and other taxes|||1,107|
||VAT||3,291||
||Accrued expenses||1,620|2,072|
||||84,690|57,205|
|]6.|ACCRUALS AND DEFERRED INCOME||||
||||31.3.22|31.3.21|
||||f.||
||Accruals and deferred|income|103,018|121,861|
|17.|MOVEMENT IN FUNDS||||
||||Net||
||||movement|At|
|||At 1.4.21|in funds|31.3.22|
||Unrestricted
funds||||
||Group Fund|193,081|23,593|216,674|
||Restricted funds||||
||Restricted
Fund|294,183|638,585|932,768|
||TOTAL FUNDS|487,264|662,178|I,l49,442|
##
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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|Group Fund|||126,959|(103,366)|23,593|
|Restricted funds||||||
|Restricted Fund|||769,846|(131,261)|638,585|
|TOTAL FUNDS|||896,805|(234,627)|662,178|
|Comparatives
for movement||in funds||||
|||||Net||
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||||||8|
|Unrestricted
funds||||||
|Group Fund|||136,925|56,156|193,081|
|Restricted
funds||||||
|Restricted
Fund|||317,925|(23,742)|294,183|
|TOTAL FUNDS|||454,850|32,414|487,264|
|Comparative
net movement|in|funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|Group Fund|||154,004|(97,848)|56,156|
|Restricted
funds||||||
|Restricted
Fund|||94,211|(117,953)|(23,742)|
|TOTAL FUNDS|||248,215|(215,801)|32,414|
##
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|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.20|in funds|31.3,22|
|Unrestricted
funds||||
|Group Fund|136,925|79,749|216,674|
|Restricted
funds||||
|Restricted Fund|317,925|614,843|932,768|
|TOTAL FUNDS|454,850|694,592|1,149,442|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||||8|
|Unrestricted
funds||||
|Group Fund|280,963|(201,214)|79,749|
|Restricted funds||||
|Restricted
Fund|864,057|(249,214)|614,843|
|TOTAL FUNDS|1,145,020|(450,428)|694.592|
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