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|Current financial year||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fonds|fonds|||
|||2023|2023|2023|2022|
||Notes|||||
|Income from:||||||
|Donations and legacies|3|151,920|44,391|196,311|156,460|
|Charitable activities|5|3,251,076|141,208|3,392,284|3,283,771|
|Activities for generating funds|4|19,457|-|19,457|857|
|Investment income|6|93|-|93|17|
|Total income||3,422,546|185,599|3,608,145|3,441,105|
|Expenditure on:||||||
|Fundraising costs|7|20|-|20|20|
|Charitable activities|8|2,967,308|290,141|3,257,449|3,261,976|
|Total expenditure||2,967,328|290,141|3,257,469|3,261,996|
|Net incoming/(outgoing) resources before||||||
|transfers||455,218|(104,542)|350,676|179,109|
|Gross transfers between funds||(1,821)1,821||||
|Net income/(expenditure) for the year/||||||
|Net incomf ng/(outgoing) resources||453,397|(102,721)|350,676|i 179,109|
|Other recognised gains and losses||||||
|Actuarial (loss)/gain on defined benefit pension||||||
|schemes|||||11,568|
|Net movement in funds||453,397|(102,721)|350,676|190,677|
|Fund balances at 1 April 2022||386,082|159,471|545,553|354,876|
|Fund balances at 31 March 2023||839,479|56,750|896,229|545,553|
|The statement of financial activities includes all gains and losses recognised in the year.||||||
|All income and expenditure derive from continuing activities.||||||
|Prior financial year|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fonds|fonds||
|||2022|2022|2022|
||Notes||||
|Income from:|||||
|Donations and legacies|3|132,448|24,012|156,460|
|Charitable activities|5|2,575,211|708,560|3,283,771|
|Activities for generating fonds|4|857|-|857|
|Investment income|6|17||17|
||||-||
|Total income||2,708,533|732,572|3,441,105|
|Expenditure on:|||||
|Fundraising costs|7|20||20|
||||-||
|Charitable activities|8|2,567,261|694,715|3,261,976|
|Total expenditure||2,567,281|694,715|3,261,996|
|Gross transfers between fonds||(1,813)|1,813|-|
|Net income/(expenditure) for the year/|||||
|Net incoming/(outgoing) resources||139,439|39,670|179,109|
|Other recognised gains and losses|||||
|Actuarial (loss)/gain on defined benefit pension schemes||11,568||11,568|
|Net movement in fonds||151,007|39,670|190,677|
|Fund balances at 1 April 2021||235,075|119,801|354,876|
|Fund balances at 31 March 2022||386,082|159,471|545,553|
|The statement of financial activities includes all gains and losses|recognised in the year.||||
|All income and expenditure derive from continuing activities.|||||
##
##
|||2023||2022||
|---|---|---|---|---|---|
||Notes|||||
|Current assets||||||
|Debtors|12|116,223||316,010||
|Cash at bank and in hand||1,134,353||1,307,046||
|||1,250,576||1,623,056||
|Creditors: amounts felling due within||||||
|one year|13|(351,782)||(1,073,479)||
|Net current assets|||898,794||549,577|
|Provisions for liabilities|14||(2,565)||(4,024)|
|Net assets|||896,229||545,553|
|Income fonds||||||
|Restricted fonds|17||56,750||159,471|
|Unrestricted fonds||||||
|Designated fonds|19|||8,606||
|General unrestricted fonds||842,044||381,500||
|Pension reserve||(2,565)||(4,024)||
||||839,479||386,082|
||||896,229||545,553|
##
||2023||2022||
|---|---|---|---|---|
|Notes|||||
|Cash flows from operating activities|||||
|Cash (absorbed by)/generated from22|||||
|operations||(172,786)||619,217|
|Investing activities|||||
|Interest received|93||17||
|Net cash generated from investing|||||
|activities||93||17|
|Net cash used in financing activities|||||
|Net (decrease)/increase in cash and cash|||||
|equivalents||(172,693)||619,234|
|Cash and cash equivalents at beginning of year||1,307,046||687,812|
|Cash and cash equivalents at end of year||1,134,353||1,307,046|
##
##
##
##
##
##
##
##
##
|3|Donations and legacies|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|2023|2022|
||Donations and other voluntary income|20,887|44,391|65,278|73,287|
||Grants receivable for core activities|131,033|-|131,033|83,173|
|||151,920|44,391|196,311|156,460|
||For the year ended 31 March 2022|132,448|24,012||156,460|
||Donations and gifts|||||
||Watford Council||4,300|4,300|2,500|
||Brick by Brick
The Childwick Trust|-
13,297|-
-|-
13,297|9,720
-|
||TKMaxx|-|-|-|6,480|
||Watford Community Housing Trust|-|-|-|6,480|
||Garfield Weston Foundation|-|-|-|10,000|
||Jaspar Foundation|5,000|-|5,000|3,600|
||Community Cup Golf Day
Warner Bros|-
-|2,000
8,515|2,000
8,515|2,000
-|
||Other|2,590|29,576|32,166|32,507|
|||20,887|44,391|65,278|73,287|
||Grants receivable for core activities|||||
||Watford Council - CVS Grant|79,173||79,173|79,173|
||Whtford Council - COVID-19 Grant - Bam|-|-|-|4,000|
||Three Rivers District Council - CVS Grant|40,000|-|40,000|-|
||Watford Council - Community Funds Coordinator|9,360|-|9,360|-|
||Watford Community Housing Trust|2,500|-|2,500||
|||131,033||131,033|83,173|
||Activities for generating funds|||||
|||||Unrestricted|Unrestricted|
|||||fundsfunds||
|||||2023|2022|
||Membership subscriptions|||19,457|857|
|5|Charitable activities||||||
|---|---|---|---|---|---|---|
|||Room hire and|Fees and|Lunch clubs|Total|Total|
|||facilities|contracts|and transport|2023|2022|
||Income from charitable activities|118,791|64,077|30,255|213,123|615,083|
||Project grants|-|3,179,161|-|3,179,161|2,668,688|
|||118,791|3,243,238|30,255|3,392,284|3,283,771|
||Analysis by fond||||||
||Unrestricted fonds|116,883|3,103,938|30,255|3,251,076|2,575,211|
||Restricted fonds|1,908|139,300|-|141,208|708,560|
|||118,791|3,243,238|30,255|3,392,284|3,283,771|
||Project grants||||||
||Watford Council||214,319||214,319|546,670|
||Hertfordshire County Council||2,103,299||2,103,299|1,655,926|
||Big Lottery Fund||||-|98,959|
||Communities 1st- Community Help||||||
||Hertfordshire||52,928||52,928|27,100|
||Herts Valleys Clinical Commissioning||||||
||Group||76,468||76,468||
||Three Rivers District Council||49,500||49,500|255,718
_|
||Dacorum Borough Council||15,787||15,787|-|
||Community Action Dacorum||5,841||5,841|-|
||PCN Unk Workers||378,037||378,037|-|
||NHS||280,583||280,583|5,367|
||Other||2,399||2,399|78,948|
||||3,179,161||3,179,161|2,668,688|
||Investment income||||||
||||||Unrestricted|Unrestricted|
||||||fundsfonds||
||||||2023|2022|
||Interest receivable||||93|17|
||Unrestricted|Unrestricted|
|---|---|---|
||fondsfonds||
||2023|2022|
|Fundraising costs|||
|Other fundraising costs|20|20|
||20|20|
|Charitable activities|||
||2023|2022|
|Staff costs|1,034,285|1,017,695|
|Other staff costs|48,061|33,408|
|Project costs|1,506,707|1,676,841|
|Premises costs|72,085|47,663|
|Insurance costs|10,753|8,710|
|Repairs and maintenance costs|303,677|156,515|
|Office costs|44,586|30,727|
|Computer costs|128,412|178,340|
|Promotion and publicity costs|22,362|11,310|
|Travel and subsistence costs|33,473|54,555|
|General expenses|19,022|8,447|
|Legal and professional costs|26,924|33,661|
|Bank charges and other finance costs|2,998|1,704|
|Governance costs|4,104|2,400|
||3,257,449|3,261,976|
|Analysis by fond|||
|Unrestricted fonds|2,967,308|2,567,261|
|Restricted fonds|290,141|694,715|
||3,257,449|3,261,976|
|Governance costs comprise fees paid to the Auditors for audit services (2,700) and the costs of the Annual|||
|Board of Trustees planning day (1,404).|||
##
##
|Number of employees|||
|---|---|---|
|The average monthly number of employees during the year was:|||
||2023|2022|
||Number|Number|
|Charitable and administrative|40|44|
|Employment costs|2023|2022|
|Wages and salaries|928,542|918,836|
|Social security costs|80,150|73,376|
|Other pension costs|25,593|25,483|
||1,034,285|1,017,695|
|There were no employees whose annual remuneration was 60,000 or more.|||
|11|Taxation||||
|---|---|---|---|---|
||The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section||||
||252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.||||
|12|Debtors||||
||||2023|2022|
||Amounts felling due within one year||||
||Trade debtors||108,444|314,765|
||Other debtors||703|115|
||Prepayments and accrued income||7,076|1,130|
||||116,223|316,010|
|13|Creditors: amounts felling due within one year||||
||||2023|2022|
|||Notes|||
||Deferred income|15|11,430|860,168|
||Trade creditors||326,687|196,801|
||Other creditors||8,765|10,110|
||Accruals||4,900|6,400|
||||351,782|1,073,479|
|14|Provisions for liabilities||2023|2022|
|---|---|---|---|---|
|||Notes|||
||Retirement benefit obligations|16|2,565|4,024|
||||2,565|4,024|
|15|Deferred income||||
||||2023|2022|
||Other deferred income||11,430|860,168|
||Deferred income is included in the financial statements as follows:||||
||||2023|2022|
||Deferred income is included within:||||
||Current liabilities||11,430|860,168|
||Movements in the year||||
||Deferred income at 1 April 2022||860,168|281,848|
||Released from previous periods||(860,168)|(281,848)|
||Resources deferred in the year||11,430|860,168|
||Deferred income at 31 March 2023||11,430|860,168|
|31|March 2023|31 March 2022|31March 2021|
|---|---|---|---|
||(s)|(s)|(s)|
|Present value of provision|2,565|4,024|20,874|
|Reconciliation of opening and closing provisions||Period Ended 31|Period Ended 31|
|||March 2023|March 2022|
|||(s)|(s)|
|Provision at start of period||4,024|20,874|
|Unwinding of the discount factor (interest expense)||76|120|
|Deficit contribution paid||(1,466)|(5,282)|
|Remeasurements - impact of any change in assumptions||(69)|(92)|
|Remeasurements - amendments to the contribution schedule||-|(11,596)|
|Provision at end of period||2,565|4,024|
|16|Retirement benefit schemes||(Continued)|
|---|---|---|---|
||Income and Expenditure impact|Period Ended 31|Period Ended 31|
|||March 2023|March 2022|
|||(s)|(s)|
||Interest expense|76|120|
||le
(69)
Remeasurements - impact of any change in assumptions
Remeasurements - amendments to the contribution schedule||(11,596)
(92)|
||Contributions paid in respect of future service|||
||Costs recognised in income and expenditure account|||
||Assumptions|31March 2023 31 March 2022|31March 2021|
|||% per annum % per annum|% per annum|
||Rate of discount|5.52 2.35|0.66|
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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||fonds|fonds||fonds|fonds||
||2023|2023|2023|2022|2022|2022|
|Fund balances at 31|||||||
|March 2023 are|||||||
|represented by:|||||||
|Current assets/(liabilities)|842,044|56,750|898,794|390,106|159,471|549,577|
|Provisionsand|||||||
|pensions|(2,565)|-|(2,565)|(4,024)|-|(4,024)|
||839,479|56,750|896,229|386,082|159,471|545,553|
##
|The income fonds of the charity include the following|designated funds which have been set aside out of|designated funds which have been set aside out of|
|---|---|---|
|unrestricted fonds by the trustees for specific purposes:|||
|Movement|||
||in fonds||
|Balance at|Incoming Balance at ResourcesBalance at||
|1 April 2021|resources 1 April 2022 expended 31 March 2023||
|4,646
Premises Maintenance Fund|4,646|(4,646)|
|3,960
Development Fund|3,960|(3,960)|
|8,606|8,606|(8,606)|
|The Premises Maintenance Fund is to provide for the costs of replacing the boiler and creating a new card|||
|entry system.|||
|The Development Fund is to fond general developments in service delivery including an online booking|||
|platform and upgrading virtual platforms, our website and intranet.|||
|20Related party transactions|||
|There were no disclosable related party transactions during the year (2022 - none).|||
##
##