2022-07-31-accounts - Parchment Trust

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to6
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	8to11
Statement ofFinancial	Activities	12to 13
Balance Sheet		14
Statement ofCash Flows		15
Notes to the Financial	Statements	16to 31

			Parchment Trust	Parchment Trust	Parchment Trust
			Reference and Administrative			Details
Trustees			J A Hassell
			D M Walker
			KTWalker
			A D Phillips
			SParsons
Secretary			J A Hassell
Principal	Office		Ore Place Farm
			The Ridge
			Hastings
			East Sussex
			TN34 2RA
Registered	Office		Ore Place Farm
			The Ridge
			Hastings
			East Sussex
			TN34 2RA
			The charity is incorporated		in England		and Wales.
Company	Registration	Number	3920430
Cbarity Registration		Number	1081148
Solicitors			Lawson Lewis Blakers
			ll Hyde Gardens
			Eastbourne
			BN21 4PP
Bankers			National Westminster	Bank	pic
			Havel ock Road
			Hastings
			East Sussex
			TN34 1BE
Auditor			Manningtons
			Statutory Aud&tor
			39High Street
			Battle
			East Sussex
			TN33 OEE

		and Los	ses)
			Unrestricted	Restricted	Total
		Note	fundsf	funds	2022
Income and Endowments	from:
Donations and legacies			10,016	25,306	35,322
Charitable activities			2,417,880		2,417,880
Other trading activities			4,200		4,200
Investment income			804		804
Total income			2,432,900	25,306	2,458,206
Expenditure on:
Raising funds Charitable activities			(674) (2,339,822)	~34,670	(674) (2,374,492)
Total expenditure			(2,340,496	34,670)	(2,375,166)
Net income/(expenditure) Transfers between funds			92,404 ~(1,386	(9,364) 1,386	83,040
Net movement in funds			91,018	(7,978)	83,040
Reconciliation offunds
Total funds brought forward			1,189,643	505,340	1,694,983
Total funds carried forward		20	1,280,661	497/62	1,778,023

					Total
		Note	Unrestricted	Restricted	2021f
Income and Endowments	from:
Donations and legacies			248,558	5,000	253,558
Charitable activities			1,887,222		1,887,222
Investment income			368		368
Total income			2,136,148	5,000	2,141,148
Expenditure on:
Charitable activities Total expenditure Net income/(expenditure)			(2,116,787) ~(2,1(6,787 (9,361	(11,601) ~11,601 ~(6,60(	2,128,388) (2,(28/88 12,760
Net movement in funds			19,361	(6,601)	12,760
Reconciliation offunds
Total funds brought forward			1,170,282	511,941	1,682,223
Total funds carried forward		20	1,189,643	505,340	1,694,983

	(Registration number: Balance Sheet as at31	3920430) July 2022
			2022	2021
		Note
Fixed assets
Tangible assets		13	1,246,994	1,197,639
Current assets
Debtors		14	234,544	228,609
Cash at bank and in hand			529,241	530,071
			763,785	758,680
Creditors: Amounts	falling due within one year	15	(99,991)	113,550)
Net current assets			663,794	645,130
Total assets less current liabilities			1,910,788	1,842,769
Creditors: Amounts	falling due aAer more than one year	16	(132,765)	(147,786)
Net assets			1,778,023	1,694,983
Funds ofthe charity:
Restricted income funds
Restricted funds		20	497,362	505,340
Unrestricted income	funds
Unrestricted funds			1,280,661	1,189,643
Total funds		20	1,778,023	1,694,983

Statement ofCash	Flows for the	Year	Ended	31July 2022
			Note	2022	2021f
Cash flows from operating activities
Net cash income				83,040	12,760
Adjustments to cash flows from non-cash	items
Depreciation				98,583	76,290
Investment income				(804)	(368)
Profit/ (Loss) on disposal offixed assets held	for the charity's	own
Ilse				(3,027)	2,632
				177,792	91,314
Working capital adjustments
(Increase)/decrease in debtors			14	(5,935)	56,001
(Decrease)/increase in creditors			15	18,661)	45,138
Net cash flows from operating activities				153,196	192,453
Cash flows from investing activities
Interest receivable and similar income			6	804	368
Purchase oftangible fixed assets			13	(157,112)	(126,026)
Sale oftangible fixed assets				12,202	8,937
Net cash flows from investing activities				144,106)	116,721
Cash flows from financing activities
Repayment ofloans and borrowings			15	(7,770)	(7,284)
Repayment ofcapital element offinance leases and HP contracts			17	2,150	46,845
Net cash flows &om financing activities				9,920)	39,561
Net (decrease)/increase in cash and cash equivalents				(830)	115,293
Cash and cash equivalents at I August				530,071	414,778
Cash and cash equivalents at 31July				529,241	530,071

				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2022	2021
Donations and legacies;
Donations	from	companies,	trusts
and similar	proceeds						5,000
Donations	from	individuals		9,759	3,956	13,715	6,439
Grants, including		capital grants;
Government	grants			257		257	200,980
Grants from other agencies					21,350	21/50	41,139
				10,016	25,306	35,322	253,558

		Unrestricted
		funds	Total	Total
		General	2022	2021
Occupational	and day care services	2,188,464	2,188,464	1,854,650
Sale ofgoods		229,416	229,416	32,572
		2,417,880	2,417,880	1,887,222

			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2022	2021
		Note
Occupational	and day
care services			481.840	6,879	488,719	447,129
Depreciation,
amortisation	and
other similar	costs		88,290	13,320	101,610	73,657
Staffcosts			1,761,136	14,471	1,775,607	1,599,532
Governance	costs		8,556		8,556	8,070
			2,339,822	34,670	2,374,492	2,128,388

Governance cost	s
			Unrestricted
			funds	Total	Total
			General	2022	2021
Audit fees
Audit ofthe financial		statements	5,300	5,300	4,800
Other fees paid	to auditors		2,591	2,591	2,373
Other governance	costs		665	665	897
			8,556	8,556	8,070

9 Net incoming/outgoing resources Net incoming resources for the year include:
		2022	2021
		f,
Audit fees		5,300	4,800
(Profit}/Loss on disposal of fixed assets held for the charity's	own use	3,027	(2,632)
Depreciation offixed assets		83,198	76,289

		2022	2021
Staffcosts during	the year were:
Wages and salaries		1,632,707	1,483,998
Social security costs		116,274	92,556
Pension costs		26,626	22,978
		1,775,607	1,599,532

the year expre	ssed as full time equivalents was as follows:
		2022		2021
		No		No
Occupational	and daycare services		101		96
Administration	and support		2		2
			103		98

13 Tangible fixed assets
	Land and	Furniture and
	buildings f	equipment f	Motor vebicles	Total
Cost
At 1 August 2021	1,146,382	194,351	401 491	1 742224
Additions	28,920	29,852	98,340	157,112
Disposals		5,772)
At 31 July 2022	1,175,302	218,431	481,043	1,874,776
Depreciation
At 1 August 2021	196,729	124,888	222,967	544,584
Charge for the year	20,420	19,072	59,091	98,583
Eliminated on disposals		4,513)
At 31 July 2022	217,149	139,447	271,186	627,782
Net book value
At 31 July 2022	958,153	78,984	209,867	1,246,994
At 31 July 2021	949,653	69,463	178,524	1,197,640
14 Debtors
			2022	2021f
Trade debtors			139,412	115,157
Prepayments			24,771	20,722
Accrued income			67,797	91,776
Other debtors			2,564	954
			234,544	228,609

15 Creditors:	amounts falling due within one year
		2022	2021
Bank loans		8,201	7,713
Trade creditors		12,348	17,139
Hire purchase	and finance leases	16,597	11,984
Other taxation	and social security	29,478	16,009
Other creditors		24,323	54,196
Accruals		9,044	6,509
		99,991	113,550

16 Creditors:		amounts falling due after	one yea	r
					2022f	2021
Bank loans					104,667	112,925
Hire purchase	and finance leases				28,098	34,861
					132,765	147,786
Included in the		creditors are the following	amounts	due after more than five years:
					2022	2021
After more than		five years by instalments			65,739	75,441

Total future minimum lease payments under non-cancell	able operating leases are as follows:
	2022	2021
Land and buildings
Within one year	22,917	22,917
Between one and five years	11,457	34,374
	34,374	57,291

20 Funds
	Balance at 1	Incoming	Resources		Balance at
	August 2021	resources	expended	Transfers	31July 2022
		K	K
Unrestricted
Generel
General fund	1,189,643	2,432,900	(2,340,496)	(1,386)	1,280,661
Restricted
Acquisition fund	153,675		(2,340)		151,335
New trailer	16				16
SEIFProject	333,860		(7,859)		326,001
Foreshore Trust grant	290		(32)		258
BIFFAgrant - Timber sheds	8,403		(840)		7,563
Theaklen drive kitchen	500				500
Shaded area (FG)	96		(110)	455	441
Outside work	3,000				3,000
Woodworking equipment	500				500
The Friary - Till	5,000		(1,460)	840	4,380
The Percy Bilton Charity-
Supported employment
pfoJect ESCC grant		3,956 21,350	(679) ~21,3501	91	3,368
Total restricted	505,340	25,306	(34,670)	1,386	497,362
Total funds

Notes to the Fina	ncial Statements f	or the Year En	ded 31July 20	22
	Balance at 1	Incoming	Resources	Balance at 31
	August 2020	fesou rcas	expended	July 2021
Unrestricted funds
General
General fund	1,170,282	2,136,148	(2,116,787)	1,189,643
Restricted
Acquisition fund	156,063		(2,388)	153,675
New trailer	20		(4)	16
SEIFProject	341,880		(8,020)	333,860
Foreshore Trust grant	332		(42)	290
BIFFAgrant - Timber sheds	9,337		(934)	8,403
Theaklen drive kitchen	500			500
Shaded area (FG)	309		(213)	96
Outside work	3,000			3,000
Woodworking equipment	500			500
The Friary - Till		5,000		5,000
Total restricted funds	511,941	5,000	(11,601)	505,340
Total funds	1,682+23	2,141,148	2,128,388)	1,694,983

21 Anal	y	sis o	fnet assets between funds
				Unrestricted		Total funds at
				funds	Restricted	31July
				General	funds	2022
Tangible		fixed	assets	753,632	493,362	1,246,994
Current	assets			742,135	21,650	763,785
Current	liabilities			(82,341)	(17,650)	(99,991)
Creditors		over	1 year	(132,765)		(132,765)
Total net		assets		1,280,661	497,362	1,778,023
				Unrestricted		Total funds at
				funds	Restricted	31July
				General	funds	2021
				f,
Tangible		fixed	assets	701,299	496,340	1,197,639
Current	assets			710,680	48,000	758,680
Current	liabilities			(74,550)	(39,000)	(113,550)
Creditors		over	1 year	(147,786)
Total net		assets		1,189,643	505,340	1,694,983
22 Analysis ofnet funds
				At 1 August	Financing cash	At 31July
				2021	flows	2022
					f.
Cash at bank and in hand				530,071	830	529,241
Net debt				530,071	830)	529,241
				At 1August	Financing cash	At 31July
				2020	flows	2021
Cash at bank and in hand				414,778	115,293	530,071
Net debt				414,778	115,293	530,071