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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|4|
|Independent
Examiner's
Report||||
|Statement of Financial Activities||||
|Statement ofFinancial Position||||
|Statement ofCash Flows||||
|Notes to the Statement ofCash Flows||||
|Notes to the Financial Statements|10 to||17|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|6|E|F|6|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||2|109,370||109,370|229,127|
|Charitable
activities|||||||
|Special Needs projects|||3,266|574,629|577,895|487,595|
|Other trading
activities||3|60,506||60,506|4,969|
|Investment
income||4|33||33|192|
|Total|||173,175|574,629|747,804|721,883|
|EXPENDITURE ON|||||||
|Raising funds||6|88,797|14,825|103,622|29,928|
|Charitable
activities||7|||||
|Special Needs projects|||57,473|568,321|625,794|582,605|
|Total|||146,270|583,146|729,416|612,533|
|NET INCOME/(EXPENDITURE)|||26,905|(8,517)|18,388|109,350|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||327,952|123,902|451,854|342,504|
|TOTAL FUNDS CARRIED FORWARD|||354,857|115,385|470,242|451,854|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||f|6|
|FIXEDASSETS||||||
|Tangible assets|13|37,382||37,382|44,364|
|CURRENT ASSETS||||||
|Debtors|14|79,049||79,049|36,751|
|Cash at bank||255,621|115,385|371,006|385,902|
|||334,670|115,385|450,055|422,653|
|CREDITORS||||||
|Amounts
falling due within one year|15|(17,195)||(17,195)|(15,163)|
|NET CURRENT ASSETS||317,475|115,385|432,860|407,490|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||354,857|115,385|470,242|451,854|
|NET ASSETS||354,857|115,385|470,242|451,854|
|FUNDS|16|||||
|Unrestricted
funds||||354,857|327,952|
|Restricted funds||||115,385|123,902|
|TOTAL FUNDS||||~470 242|451,854|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes||6|
|Cash flows from operating
activities
Cash generated
from operations|||1|~9,440)|124,689|
|Net cash (used in)/provided||by operating|activities|~9,440)|124,689|
|Cash flows from investing||activities||||
|Purchase oftangible
fixed assets||||(5,489)|(16,218)|
|Sale oftangible fixed assets|||||190|
|Interest received||||33|192|
|Net cash used
in investing|activities|||~5,456)|$15,B36)|
|Change
in cash and cash||equivalents||||
|in the reporting
period||||(14,896)|108,853|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||385,902|277,049|
|Cash and cash equivalents||at the end||||
|ofthe reporting
period||||371,006|385,902|
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||NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021|
|---|---|---|---|---|---|---|
|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||||||
||||||2021
6|2020
f|
|Net income for the|reporting||period (as per the|Statement of|||
|Financial Activities)|||||18,388|109,350|
|Adjustments
for:|||||||
|Depreciation
charges|||||12,471|13,638|
|Profit on disposal of|fixed assets|||||(190)|
|Interest received|||||(33)|(192)|
|(Increase)/decrease|in debtors||||(42,298)|1,333|
|Increase
in creditors|||||2,032|750|
|Net cash (used in)/provided|||by operations||~9,440)|124,689|
|ANALYSIS OF CHANGES||IN|NET FUNDS||||
|||||At 1/1/21|Cash flow
8|At 31/12/21
f|
|Net cash|||||||
|Cash at bank||||385,902|~14,896)|371,006|
|||||385,902|~14,896)|371,006|
|Total||||385,902|~14,896)|371,006|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds
f|funds|funds|funds
E|
|Donations||||16,858||16,858|66,263|
|Grants||||48,121||48,121|159,848|
|Membership||||2,907||2,907|3,016|
|Conference||||41,484||41,484||
|||||109,370||109,370|229,127|
|Of the 2020|income f160,348was restricted.|||||||
|Grants received,||included|in|the above, are as follows:||||
|||||||2021|2020|
|||||||E||
|Government|grant - furlough|||support||40,621|159,848|
|Council grant||||||7,500||
|||||||48,121|159,848|
|OTHER TRADING ACTIVITIES||||||||
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||E||8||
|Fundraising|events|||60,506||60,506|4,969|
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|INVESTMENT INCOME|||||
|---|---|---|---|---|
||||2021|2020|
||Unrestricted|Restricted|Total|Total|
||funds
f|funds
f|funds
f.|funds
f|
|Deposit account interest|33||33|192|
|INCOME FROM CHARITABLE ACTIVITIES|||||
||||2021|2020|
||Activity||||
|Income from student fees|Special Needs projects||560,755|474,132|
|Income from sales of|||||
|goods|Special Needs projects||14,924|9,935|
|Other income|Special Needs projects||2,216|3,528|
||||577,895|487,595|
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|Raising do|nations|and legacies|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds
f|funds
f|funds
f|funds
f|
|Travelling|||242||242|166|
|Other office costs|||4,526||4,526|3,655|
|Postage, stationary||and telephone|9,562||9,562|4,410|
|Website costs|||4,141||4,141|3,464|
|Entertaining|||3,328||3,328|2,341|
|Bad debts|written|off|673||673|987|
||||22,472||22,472|15,023|
|Other trading activities|||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds
f|funds
F|funds
f.|funds
f.|
|Purchases|||66,325|14,825|81,150|14,905|
|Aggregate|amounts||88,797|14,825|103,622|29,928|
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||||||Support||
|---|---|---|---|---|---|---|
|||||Direct|costs (see||
|||||Costs|note 8)|Totals|
||||||6||
|Special Needs projects||||614,927|10,867|625,794|
|SUPPORT|COSTS||||||
|||||||Governance|
|||||||costs|
|||||||F|
|Special Needs projects||||||10,867|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)|||is stated after charging/(crediting):||||
||||||2021|2020|
||||||E|6|
|Depreciation|-owned|assets|||12,471|13,637|
|Surplus on|disposal|offixed assets||||(190)|
|Independent|Examination||fee||1,400|1,300|
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|||2021|2020|
|---|---|---|---|
|||f||
|Wages|and salaries|466,805|433,946|
|Social|security costs|25,232|21,131|
|Other|pension costs|18,344|15,835|
|||510,381|470,912|
|The average
m|onthly
numb|er ofemployees
during the|year was as follows:||
|---|---|---|---|---|
||||2021|2020|
|Administrative|staff||1|1|
|Vassell Centre|programme|staff|36|32|
||||37|33|
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|EXPENDITURE|FOR|THE YEAR|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||6|6|
|Depreciation
ofequipment|||||6,741|4,200|
|Depreciation
of minibuses|||||8,147|6,393|
|Business insurance|||||2,017|1,497|
|Accountancy|||||1,333|1,230|
|Minibus
running|costs||||28,472|24,970|
|Web site costs|||||2,904|1,283|
|Training costs|||||2,281|1,626|
|Telephone
and other||office costs|||12,331|9,498|
|Salaries|||||470,912|390,955|
|Vassall Centre expenses|||||41,448|39,513|
|Professional fees|||||100|48|
|Purchases
including||PROPs clothing|||11,471|23,082|
|Recruitment
expenses|||||11,576|4,917|
|COVID expenses|||||7,164||
|Bad debts written|off||||987|146|
||||||607,884|526,060|
|TANGIBLE FIXEDASSETS|||||||
||||Fixtures||||
||||and|Motor|Computer||
||||fittings|vehicles|equipment|Totals|
||||5|6||F|
|COST|||||||
|At 1 January 2021|||12,862|58,328|33,915|105,105|
|Additions|||||5,489|5,489|
|At 31 December|2021||12,862|58,328|39,404|110,594|
|DEPRECIATION|||||||
|At 1 January 2021|||10,011|26,647|24,083|60,741|
|Charge for year|||1,073|7,921|3,477|12,471|
|At 31 December|2021||11,084|34,568|27,560|73,212|
|NET BOOKVALUE|||||||
|At 31 December|2021||1,778|23,760|11,844|37,382|
|At 31 December|2020||2,851|31,681|9,832|44,364|
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|DEBTORS:AMOUNT|S
F|ALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2021|2020|
|||||E|
|Trade debtors|||37,973|21,104|
|Other debtors|||41,076|15,647|
||||79,049|36,751|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
||||2021|2020|
|Trade creditors|||2,532|1,448|
|Social security and other||taxes|8,717|7,214|
|Other creditors|||2,689|4,213|
|Accruals and deferred|income||3,257|2,288|
||||17,195|15,163|
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|MOVEM|ENT
IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1/1/21|in funds|31/12/21|
||||6|6|
|Unrestricted
funds|||||
|General|fund|327,952|26,905|354,857|
|Restricted funds|||||
|Vassall|Centre|116,188|(8,517)|107,671|
|StJames Place||4,170||4,170|
|Minibus|fund|3,150||3,150|
|Apple Pressing||394||394|
|||123,902|~8,517)|115,385|
|TOTAL|FUNDS|451,854|18,388|470,242|
|Net movement
in funds,
included
in the|above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended
f|in funds|
|Unrestricted
funds||||
|General fund|173,175|(146,270)|26,905|
|Restricted funds||||
|Vassall Centre|574,629|(583,146)|(8,517)|
|TOTAL FUNDS|747,804|(729,416)|18,388|
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|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1/1/20
6|in funds
6|funds
F|31/12/20
f|
|Unrestricted
funds|||||
|General fund|310,637|7,665|9,650|327,952|
|Restricted funds|||||
|Vassall Centre|9,067|107,121||116,188|
|StJames Place|10,000|(5,830)||4,170|
|Minibus fund|12,800||(9,650)|3,150|
|Apple Pressing||394||394|
||31,867|101,685|~9,650)|123,902|
|TOTAL FUNDS|342,504|109,350||451,854|
|Comparative
net moveme|nt
in funds,
included
in the|above a|re as follo|ws:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
F|expended
f|in funds
F|
|Unrestricted
funds||||||
|General fund|||77,867|(70,202)|7,665|
|Restricted funds||||||
|Vassall Centre|||643,516|(536,395)|107,121|
|StJames Place
Apple Pressing|||500|(5,830)
~106)|(5,830)
394|
||||644,016|542,331|101,685|
|TOTAL FUNDS|||721,883|(612,533)|109,350|
|A current year 12months|and prior year 12 months|combined|position|is as follows:||
||||Net|Transfers||
||||movement|between|At|
||At 1/1/20||in funds|funds|31/12/21|
||6||6|6|6|
|Unrestricted
funds||||||
|General fund|310,637||34,570|9,650|354,857|
|Restricted funds||||||
|Vassall Centre|9,067||98,604||107,671|
|StJames Place|10,000||(5,830)||4,170|
|Minibus fund|12,800|||(9,650)|3,150|
|Apple Pressing|||394||394|
||31,867||93,168|9,650|115,385|
|TOTAL FUNDS|342,504||127,738||470,242|
##
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|A current year 12 months
and prior yea
above are as follows:|r 12 months
combined
net move|ment
in funds,
i|ncluded
in th|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|8|F|
|Unrestricted
funds||||
|General
fund|251,042|(216,472)|34,570|
|Restricted funds||||
|Vassall Centre|1,218,145|(1,119,541)|98,604|
|StJames Place
Apple Pressing|500|(5,830)
~106)|(5,830)
394|
||1,218,645|(1~125,477|93,168|
|TOTAL FUNDS|1,469,687|(1,341,949)|127,738|
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