2021-12-31-accounts

COMPANY REGISTRATION NUMBER: 04221787 CHARITY REGISTRATION NUMBER: 1088836

Neighbourhood Elders Team Company Limited by Guarantee

Unaudited Financial Statements

31 December 2021

HOWARD MATTHEWS PARTNERSHIP

Chartered accountants Lidgett House 56 Lidgett Lane Garforth Leeds LS25 1LL

Neighbourhood Elders Team

Company Limited by Guarantee

Financial Statements

Year ended 31 December 2021

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	4
Statement of financial activities (including income and
expenditure account)	6
Statement of financial position	7
Notes to the financial statements	8
The following pages do not form part of the financial statements
Detailed statement of financial activities	19
Notes to the detailed statement of financial activities	20

Neighbourhood Elders Team

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 December 2021

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2021.

Reference and administrative details

Registered charity name	Neighbourhood Elders Team
Charity registration number	1088836
Company registration number	04221787
Principal office and registered	Dover Street
office	Garforth
	Leeds
	LS25 2LP
The trustees
	B Slack
	R Norcliffe
	C Marsland
	S Staniforth
	F Ingram
	P Ellis
	K Griffiths
Company secretary	P Ellis
Independent examiner	Howard Matthews BA, FCA
	Lidgett House
	56 Lidgett Lane
	Garforth
	Leeds
	LS25 1LL

Structure, governance and management

The trustees are responsible for the management of the charity and they have regular meetings to carry out this function. Trustees are appointed according to the procedures laid down in the Memorandum and Articles of Association. The charity now employs 10 members of staff who are supported by a team of around 230 volunteers who are recruited, trained and supervised by the volunteer co-ordinator.

Risk

The management committee consider that they have identified the major risk areas and have taken steps to mitigate them.

1

Neighbourhood Elders Team

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2021

Objectives and activities

Neighbourhood Elders Team (also known as NET) is a registered charity and company limited by guarantee and is, therefore, governed by its memorandum and articles of association. It was incorporated on 22nd May 2001 under the Companies Act 1985 and became a registered charity on 10th October 2001. The charity's object and its principal activity is the relief of poverty, sickness and distress of elderly people and their carers in Garforth and the surrounding area. These objectives are achieved by the provision of a caring and befriending service, advice and guidance with the purpose of alleviating social exclusion and are carried out in such a way that maintains its christian ethos. The trustees have had due regard to guidance published by the Charities Commission on public benefit.

Achievements and performance

The charity has experienced another difficult year in that, due to the Corona Virus pandemic, staff and volunteers have had to work, mostly, from home. Much of the regular physical client contact was not possible and this was replaced by a large number of telephone calls. Some activities were restarted towards the end of the year and this has been built up gradually, but cautiously, although those activities involving larger numbers remain closed.

An enormous amount of work has been done by staff and volunteers preparing and delivering supplies of food to needy clients. The charity has also provided a service collecting shopping and prescriptions for housebound clients.

NET's Chief Executive Officer, Mrs Monica Walker, BEM, was asked to continue as Lead Co-ordinator for the vaccine programme for South East Leeds into 2022. Additional funding has been provided for this.

The charity is grateful to Leeds Social Services and NHS for the opportunity to carry out this work and for the financial support they provided. The charity is also grateful to the numerous other generous donors for the gifts of food and money.

The charity was awarded two certificates of appreciation by the Lord Mayor of Leeds in recognition of the work done in the community.

This report would not be complete without mentioning the enormous, unrelenting efforts of NET's staff and volunteers who have continued this important work in some very difficult circumstances.

Financial review

Funding

The charity has sufficient funding in place to continue its support work for the foreseeable future.

Reserves

The policy aim of the management committee is to have unrestricted funds, which are not committed or invested in tangible fixed assets, sufficient to fund six months of the annual resources expended thereby enabling the charity to continue its activities in the event of a significant decrease in funding.

2

Neighbourhood Elders Team

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 December 2021

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 16 March 2022 and signed on behalf of the board of trustees by:

P Ellis

Charity Secretary

3

Neighbourhood Elders Team

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Neighbourhood Elders Team

Year ended 31 December 2021

I report to the trustees on my examination of the financial statements of Neighbourhood Elders Team ('the charity') for the year ended 31 December 2021.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

4

Neighbourhood Elders Team

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Neighbourhood Elders Team (continued)

Year ended 31 December 2021

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Howard Matthews BA, FCA Independent Examiner

Lidgett House 56 Lidgett Lane Garforth Leeds LS25 1LL

17 March 2022

5

Neighbourhood Elders Team

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 December 2021

			2021		2020
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	5	127,386	162,364	289,751	248,306
Charitable activities	6	9,232	–	9,232	18,845
Investment income	7	36	–	36	317
		─────────	─────────	─────────	─────────
Total income		136,654	162,364	299,019	267,468
		═════════	═════════	═════════	═════════
Expenditure
Expenditure on charitable activities	8,9	73,270	162,364	235,635	222,538
		─────────	─────────	─────────	─────────
Total expenditure		73,270	162,364	235,635	222,538
		═════════	═════════	═════════	═════════
		─────────	─────────	─────────	─────────
Net income and net movement in	funds	63,384	–	63,384	44,930
		═════════	═════════	═════════	═════════
Reconciliation of funds
Total funds brought forward		142,174	–	142,174	97,244
		─────────	─────────	─────────	─────────
Total funds carried forward		205,558	–	205,558	142,174
		═════════	═════════	═════════	═════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 17 form part of these financial statements.

6

Neighbourhood Elders Team

Company Limited by Guarantee

Statement of Financial Position

31 December 2021

		2021	2020
	Note	£	£
Fixed assets
Tangible fixed assets	14	2,237	2,207
Current assets
Debtors	15	1,748	320
Cash at bank and in hand		247,824	195,095
		─────────	─────────
		249,572	195,415
Creditors: amounts falling due within one year	16	46,251	55,448
		─────────	─────────
Net current assets		203,321	139,967
		─────────	─────────
Total assets less current liabilities		205,558	142,174
		─────────	─────────
Net assets		205,558	142,174
		═════════	═════════
Funds of the charity
Unrestricted funds		205,558	142,174
		─────────	─────────
Total charity funds	20	205,558 ═════════	142,174 ═════════

For the year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 16 March 2022, and are signed on behalf of the board by:

R Norcliffe Trustee Company number: 04221787

C Marsland Trustee

The notes on pages 8 to 17 form part of these financial statements.

7

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2021

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Dover Street, Garforth, Leeds, LS25 2LP.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

No cash flow statement has been presented for the company.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

8

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

9

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

3. Accounting policies (continued)

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	Straight line over the life of the lease
improvements
Fixtures, fittings and equipment	-	33% straight line
Computer equipment	-	33% straight line

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

10

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

3. Accounting policies (continued)

Financial instruments (continued)

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

Neighbourhood Elders Team is a company limited by guarantee and accordingly does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

11

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

5. Donations and legacies

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			£	£	£
	Donations
	Donations		25,162	–	25,162
	Grants
	Grants receivable		102,224	162,364	264,589
	Government grant income		–	–	–
			─────────	─────────	─────────
			127,386	162,364	289,751
			═════════	═════════	═════════
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			£	£	£
	Donations
	Donations		78,270	–	78,270
	Grants
	Grants receivable		96,033	56,003	152,036
	Government grant income		18,000	–	18,000
			─────────	────────	─────────
			192,303	56,003	248,306
			═════════	════════	═════════
6.	Charitable activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
		£	£	£	£
	Outings and events	9,232	9,232	18,845	18,845
		═══════	═══════	════════	════════
7.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
		£	£	£	£
	Bank interest receivable	36	36	317	317
		════	════	════	════

12

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

8. Expenditure on charitable activities by fund type

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		£	£	£
	Project management	73,270	162,364	235,635
		════════	═════════	═════════
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		£	£	£
	Project management	166,535	56,003	222,538
		═════════	════════	═════════
9.	Expenditure on charitable activities by activity type
		Activities
		undertaken	Total funds	Total fund
		directly	2021	2020
		£	£	£
	Project management	235,635	235,635	222,538
		═════════	═════════	═════════
10.	Net income
	Net income is stated after charging/(crediting):
			2021	2020
			£	£
	Depreciation of tangible fixed assets		1,058	660
	Operating lease rentals		9,500	9,500
			═══════	═══════
11.	Independent examination fees
			2021	2020
			£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements		1,074	886
			═══════	════
12.	Staff costs
	The total staff costs and employee benefits for the reporting period are analysed as			follows:
			2021	2020
			£	£
	Wages and salaries		170,939	139,711
	Social security costs		9,082	7,187
	Employer contributions to pension plans		1,091	854
			─────────	─────────
			181,112	147,752
			═════════	═════════

Wages and salaries include cleaners wages of £7,975 (2020 £7,829)

13

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

12. Staff costs (continued)

The average head count of employees during the year was 10 (2020: 8). The average number of full-time equivalent employees during the year is analysed as follows:

	2021	2020
	No.	No.
Project management	1	1
Volunteer co-ordination/administration	9	7
	────	────
	10	8
	════	════

No employee received employee benefits of more than £60,000 during the year (2020: Nil).

13. Trustee remuneration and expenses

No trustee received any remuneration for services as trustees during either 2021 or 2020. There were no reimbursed expenses to trustees during the year. (2020: none)

14. Tangible fixed assets

		Leasehold	Fixtures,
		property	fittings and	Computer
		mprovements	equipment	equipment	Total
		£	£	£	£
	Cost
	At 1 January 2021	3,864	9,113	11,425	24,402
	Additions	–	624	464	1,088
		───────	───────	────────	────────
	At 31 December 2021	3,864	9,737	11,889	25,490
		═══════	═══════	════════	════════
	Depreciation
	At 1 January 2021	2,865	9,113	10,217	22,195
	Charge for the year	387	104	567	1,058
		───────	───────	────────	────────
	At 31 December 2021	3,252	9,217	10,784	23,253
		═══════	═══════	════════	════════
	Carrying amount
	At 31 December 2021	612	520	1,105	2,237
		═══════	═══════	════════	════════
	At 31 December 2020	999	–	1,208	2,207
		═══════	═══════	════════	════════
15.	Debtors
				2021	2020
				£	£
	Prepayments and accrued income			368	320
	Other debtors			1,380	–
				───────	────
				1,748	320
				═══════	════

14

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

16. Creditors: amounts falling due within one year

		2021	2020
		£	£
	Accruals and deferred income	40,898	49,797
	Social security and other taxes	3,917	2,688
	Other creditors	1,436	2,963
		────────	────────
		46,251	55,448
		════════	════════
17.	Deferred income
		2021	2020
		£	£
	Amount deferred in year	39,928 ════════	48,946 ════════

18. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,091 (2020: £854).

19. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2021	2020
	£	£
Recognised in income from donations and legacies:
Government grants income	–	18,000
	════	════════

20. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
		At			At
	1	January 202		31	December
		1	Income	Expenditure	2021
		£	£	£	£
General funds		142,174	136,654	(73,270)	205,558
		═════════	═════════	════════	═════════
		At			At
	1	January 202		31	December
		0	Income	Expenditure	2020
		£	£	£	£
General funds		97,244	211,465	(166,535)	142,174
		════════	═════════	═════════	═════════

15

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

20. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
	At			At
	1 January 202		31	December
	1	Income	Expenditure	2021
	£	£	£	£
Leeds Social Services	–	1,964	(1,964)	–
LCC - ABCD	–	4,250	(4,250)	–
Swift Project	–	28,000	(28,000)	–
Winter Warmth	–	–	–	–
Leeds Community Foundation	–	–	–	–
Leeds CC	–	–	–	–
Leeds CC Covid-19 harm minimisation	–	17,600	(17,600)	–
Leeds Benevolent Society	–	15,000	(15,000)	–
Covid-19 Community Hub	–	95,550	(95,550)	–
	────	─────────	─────────	────
	–	162,364	(162,364)	–
	════	═════════	═════════	════
	At			At
	1 January 202		31	December
	0	Income	Expenditure	2020
	£	£	£	£
Leeds Social Services	–	12,901	(12,901)	–
LCC - ABCD	–	19,250	(19,250)	–
Swift Project	–	20,000	(20,000)	–
Winter Warmth	–	1,852	(1,852)	–
Leeds Community Foundation	–	1,000	(1,000)	–
Leeds CC	–	1,000	(1,000)	–
Leeds CC Covid-19 harm minimisation	–	–	–	–
Leeds Benevolent Society	–	–	–	–
Covid-19 Community Hub	–	–	–	–
	────	────────	────────	────
	–	56,003	(56,003)	–
	════	════════	════════	════

16

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2021

20. Analysis of charitable funds (continued)

Leeds Social Services - A grant to fund a part-time assistant for the Luncheon Clubs

LCC ABCD - A grant to enable the recruitment of members of the community to help NET promote Winter Warmth

Swift Project - A grant to help NET improve outcomes of people living with frailty

Winter Warmth - A grant to promote Winter Warmth

Leeds Community Foundation - A grant towards the cost of laptops

Leeds CC - A grant towards cost of food bags

Leeds CC Covid-19 harm minimisation - A grant towards the cost of minimising harm from Covid-19

Leeds Benevolent Society - A grant to support elderly women

Covid-19 Community Hub - A grant towards the cost of providing leadership in community vaccinations and provision of food banks

21. Analysis of net assets between funds

	Unrestricted	Total Funds
	Funds	2021
	£	£
Tangible fixed assets	2,237	2,237
Current assets	249,572	249,572
Creditors less than 1 year	(46,251)	(46,251)
	─────────	─────────
Net assets	205,558	205,558
	═════════	═════════
	Unrestricted	Total Funds
	Funds	2020
	£	£
Tangible fixed assets	2,207	2,207
Current assets	195,415	195,415
Creditors less than 1 year	(55,448)	(55,448)
	─────────	─────────
Net assets	142,174	142,174
	═════════	═════════

17

Neighbourhood Elders Team

Company Limited by Guarantee

Management Information

Year ended 31 December 2021

The following pages do not form part of the financial statements.

18

Neighbourhood Elders Team

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 December 2021

	2021	2020
	£	£
Income and endowments
Donations and legacies
Donations	25,162	78,270
Grants receivable	264,589	152,036
Government grant income	–	18,000
	─────────	─────────
	289,751	248,306
	─────────	─────────
Charitable activities
Outings and events	9,232	18,845
	───────	────────
Investment income
Bank interest receivable	36	317
	────	────
	─────────	─────────
Total income	299,019	267,468
	═════════	═════════
Expenditure
Expenditure on charitable activities
Wages and salaries	170,939	139,711
Employer's NIC	9,082	7,187
Pension costs	1,091	854
Operating leases	9,500	9,500
Light and heat	673	695
Repairs and maintenance	6,719	556
Insurance	1,006	941
Telephone	1,244	1,149
Depreciation	1,058	660
Other interest payable and similar charges	222	451
Subscriptions	1,919	1,650
Printing, postage and office expenses	1,795	4,389
Training and recruitment	284	183
Outings and events	10,021	13,780
Travel expenses	3,890	6,559
Accountancy	1,074	886
Miscellaneous expenses	6,823	2,945
Foodstuffs for needy clients	8,295	30,442
	─────────	─────────
	235,635	222,538
	─────────	─────────
	─────────	─────────
Total expenditure	235,635	222,538
	═════════	═════════
	─────────	─────────
Net income	63,384	44,930
	═════════	═════════

19

Neighbourhood Elders Team

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 December 2021

	2021	2020
	£	£
Expenditure on charitable activities
Project management
Activities undertaken directly
Wages/salaries	170,939	139,711
Employer's NIC	9,082	7,187
Pension costs	1,091	854
Rent of premises	9,500	9,500
Light & heat	673	695
Repairs & maintenance	6,719	556
Insurance	1,006	941
Telephone	1,244	1,149
Depreciation	1,058	660
Bank charges	222	451
Subscriptions	1,919	1,650
Printing, postage and office expenses	1,795	4,389
Training and recruitment	284	183
Outings and events	10,021	13,780
Travel expenses	3,890	6,559
Accountancy	1,074	886
Miscellaneous expenses	6,823	2,945
Foodstuffs for needy clients	8,295	30,442
	─────────	─────────
	235,635	222,538
	─────────	─────────
	─────────	─────────
Expenditure on charitable activities	235,635	222,538
	═════════	═════════

20