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2022-03-31-accounts

Page
Trustees' annual
report
(incorporating the directors' report)
Independent
examiner's
report to the trustees
Statement offinancial
activities
(including income and expenditure account)
Balance sheet
Notes to the financial statements

2022 2021
Unrestricted Restricted
Note funds
f
funds
8
Total funds
6
Total funds
f
Income and endowments
Donations
and legacies
5 93,061 143,551 236,612 292,355
Charitable
activities
6 26,040 26,040 11,535
Other trading
activities
7 46,793 46,793 73,774
Investment
income
8 18 18 67
Total income 165,912 143,551 309,463 377,731
Expenditure
Raising funds
Costs ofother trading
Charitable
activities
activities 9
10
(117,587)
(37,190)
(140,114) (117,587)
(177,304)
(110,763)
(182,181)
Total expenditure (154,777) (140,114) (294,891) (292,944)
Net expenditure
before transfer offunds
11,135 3,437 14,572 84,787
Transfers between
funds
Net movement
in funds
11,135 3,437 14,572 84,787
Reconciliation
offunds
Total funds brought
forward
278,799 3,043 281,842 197,055
Total funds carried forward 289,934 6,480 296,414 281,842

Note 2022 f 2021
8
Fixed assets
Tangible fixed assets 15 158,789 167,701
Current assets
Debtors 16 16,007 21,648
Cash at bank and in hand 218,442 239,986
234,449 261,634
Creditors: Amounts falling due within
one year 17 (96,824) (147,493)
Net current assets 137,625 114,141
Total assets less current liabilities 296,414 281,842
Funds of the charity
Restricted
funds
6,480 3,043
Unrestricted
funds
289,934 278,799
Total charity funds 18 296,414 281,842

Donations and legacie s
Unrestricted Restricted Total Funds
Funds Funds 2622
6 6
Donations
Other (Donations) 8,238 8,238
Grants
Norfolk County Council 12,736 37,773 50,509
North
Norfolk District Council
40,000 40,000
National
Lottery Awards
for All 7,500 7,500
Lottery Making Connections 39,528 39,528
Childwick
Trust
8,000 8,000
Victory Housing 3,000 3,000
Postcode Lottery 15,000 15,000
RC Snelling 1,000 1,000
Barchester Healthcare 750 750
Gartield Weston Trust 5,000 5,000
D BSimpson 2,500 2,500
Independent
Age
15,000 15,000
Frances Winham 5,000 5,000
Strangward
Trust
3,000 3,000
Grey Court Trust 5,000 5,000
Geoffery Watling Trust 2,500 2,500
Tesco 1,000 1,000
Covid-19 Job Retention Scheme 2,637 2,637
Other grants 21,450 21,450
93,061 143,551 236,612

Donations and legacie s fcontinued)
Unrestricted Restricted Total Funds
Funds
f
Funds
f
2021
Donations
Other(Donations) 3,966 3,966
Grants
Norfolk County Council 19,104 37,773 56,877
North
Nonolk District Council
10,000 13,002 23,002
National
Lottery Awards
for All 39,530 39,530
Mercers 28,776 28,776
Victory Housing 2,000 2,000
Big Lottery Coronavirus Support 10,000 10,000
Nofrolk Community
Foundation
5,000 5,000
Anglian
Water
5,000 5,000
Edward Ghostling
Foundation
10,000 5,000 15,000
Independent
Age
15,000 15,000
Sheringham
Shoal Fund
25,000 25,000
Bernard Sunley Foundation 5,000 5,000
Covid-19 Job Retention
Other grants individually
Scheme
below f5,000
16,143
33,214
8,847 16,143
42,061
127,427 164,928 292,355
6. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
f
2022 Funds
f
2021
f
Subscritions and fares 26,040 26,040 11,535 11,535
7. Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
f
2022
f
Funds
f
2021
f
Contracts 46,793 46,793 73,774 73,774
8. Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
6
2022
f
Funds
f
2021
f
Interest Receivable 18 18 67 67

9. Costs ofot h er trading acti vities
Unrestricted Total Funds Unrestricted Total Funds
Funds
f
2022
f
Funds
9
2021
Contracts 63,497 63,497 59,812 59,812
Management and administration 54,090 54,090 50,951 50,951
117,587 117,587 110,763 110,763
10. Expenditure on charitable activities
Unrestricted Restricted Total Funds
Funds
f
Funds
f
2022
6
Provision of Transport 18,893 75,662 94,555
Management and administration 16,094 64,452 80,546
Governance costs 2,203 2,203
37,190 140,114 177,304
Unrestricted Restricted Total Funds
Funds
f
Funds
f
2021
f
Provision
of
Transport 18,365 79,230 97,595
Management and administration 15,644 67,492 83,136
Governance costs 1,450 1,450
35,459 146,722 182,181
11. Analysis of governance costs
Total Funds Total Funds
2022 2021
Independent exam 2,203 1,450
12. Net expenditure
Net expenditure is stated after charging/(crediting):
2022 2021
8
Depreciation oftangible fixed assets 28,059 47,169

2022 2021
Wages and salaries 162,923 160,500
Social security costs 6,895 9,621
Employer contributions to pension plans 2,712 2,600
172,530 172,721
The average head count during the period was 11(2021:11).

Tangible fixed assets
Motor
vehicles Equipment Total
6 6 6
Cost
At 1 April 2021 359,064 7,242 366,306
Additions 30,102 30,102
Disposals (75,325) (75,325)
At 31 March 2022 313,841 7,242 321,083
Depreciation
At 1 April 2021 192,803 5,802 198,605
Charge forthe year 26,619 1,440 28,059
Elim on disposals (64,370) (64,370)
At 31 March 2022 155,052 7,242 162,294
Carrying
amount
At 31 March 2022 158,789 158,789
At 31 March 2021 166,261 1,440 167,701

Debtors
2022 2021
6
Trade debtors 3,095 3,868
Prepayments and accrued income 12,912 12,349
Other debtors 5,431
16,007 21,648

Creditor s: Amounts falling due within one year
2022
f
2021
Trade creditors 14,506 8,049
Accruals and deferred income 72,948 128,222
Social security and other taxes 4,075 2,628
Other creditors 5,295 8,594
96,824 147,493
2022 2021
Deferred during the year 70,011 78,605
Deferred income carried forward 70,011 78,605

At 31Mar
At 1 Apr 2021f Income Expenditure
8
Transfers
2
2022
8
General funds 111,098 165,912 (126,718) 150,292
Capital reserves 167,701 (28,059) 139,642
278,799 165,912 (154,777) 289,934
Restricted funds
At 31 Mar
At 1 Apr 2021
6
Income Expenditure
8
Transfers
8
2022f
North
Norfolk District Council
3,043 40,000 (43,043)
R C Sneging 1,000 (1,000)
National
Lottery Awards for All
Barchester Healthcare
7,500
750
(7,500)
(750)
Childwick
Trust
8,000 (8,000)
Lottery Making Connections 39,528 (39,528)
D BSimpson 2,500 (2,500)
Geoffery Watling Trust 2,500 (2,500)
Norfolk County
Tesco
Council 37,773
1,000
(31,293)
(1,000)
6,480
Victory Housing 3,000 (3,000)
3,043 143,551 (140,114) 6,480
Total funds 281,842 309,463 (294,891) 296,414

2021 2021
Unrestricted funds
At 31Mar
At 1 Apr 2020
6
Income
F
Expenditure
f
Transfers
6
2021
General funds 48,561 212,803 (99,053) (51,213) 111,098
Capital reserves 121,650 (47,169) 93,220 167,701
170,211 212,803 (146,222) 42,007 278,799
Restricted funds
At 31Mar
At 1 Apr 2020 Income Expenditure Transfers 2921
6 6
North
Norfolk
District Council 21,750 13,002 (31,709) 3,043
Edward Gostling Foundation 376 (376)
National Lottery Awards for All 2,718 39,530 (42,248)
Albert Hunt Trust 2,000 (2,000)
Electric car fund 43,847 (1,840) (42,007)
Norfolk County Council 37,773 (37,773)
Mercers 28,776 (28,776)
Victory Housing 2,000 (2,000)
26,844 164,928 (146,722) (42,007) 3,043
Total funds 197,055 377,731 (292,944) 281,842

Analysis ofnet a ssets between funds
Unrestricted Restricted Total Funds
Funds
6
Funds
f
2022
6
Tangible fixed assets 158,789 158,789
Current assets 200,969 33,480 234,449
Creditors less than 1 year (69,824) (27,000) (96,824)
Net assets 289,934 6,480 296,414
Unrestricted Restricted Total Funds
Funds Funds 2021
6
Tangible fixed assets 167,701 167,701
Cunent assets 229,751 31,883 261,634
Creditors less than 1 year (118,653) (28,840) (147,493)
Net assets 278,799 3,043 281,842

The carrying
amount
The carrying
amount
for each category offinancial for each category offinancial for each category offinancial instrument instrument isas follows:
2022 2021
6
Financial assets that are debt instruments measured at amortised cost
Trade debtors (note 16) 3,095 3,868
Accrued income (note 16) 1,075 1,075
4,170 4,943
Financial liabilities measured at amortised cost
Trade creditors (note 17) 14,506 8,049
Accruals (note 17) 2,937 2,937
Other creditors (note 17) 5,295 8,594
22,738 19,580