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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03953195 (England and Wales) REGISTERED CHARITY NUMBER: 1090005

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022

for

Ferryhill Lakes And District Development Education Resource Centre Limited (A Company Limited by Guarantee)

Peter A Hodgson & Co Limited Chartered Certified Accountants Hett Mill Cottage Hett Durham DH6 5LN

Ferryhill Lakes And District Development Education Resource Centre Limited

Contents of the Financial Statements for the Year Ended 31 March 2022

Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Position 10 to 11
Notes to the Financial Statements 12 to 23
Detailed Statement of Financial Activities 24 to 25

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To promote the benefit of the inhabitants of the County of Durham, in particular but not exclusively, the inhabitants of Ferryhill and neighbourhood thereof (hereinafter called the"area of benefit") without distinction of sex, sexual orientation, race or of political religious or other opinions, by associating together the said inhabitants and local authorities, voluntary and other organisations in a common effort to advance learning, relieve poverty and sickness and to provide facilities in the interest of social welfare for recreation and other leisure time activities with this object of improving condition of life for the said inhabitants.

Significant activities

To establish a community resource centre and to maintain and manage the same, whether alone or in co-operation with any local authority or other voluntary organisation in furtherance of these objects.

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance on public benefit and fee charging.

Page 1

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

ACHIEVEMENT AND PERFORMANCE Charitable activities

Review of Progress and Achievement

Ferryhill LADDER Centre reopened to the public in April 2021 after a year of various covid lockdowns and restrictions. Having continued to provide emergency support throughout the previous year we hit the ground running as many partner services did not reopen immediately or provide face to face support. This has had a significant impact on the workload at Ferryhill LADDER Centre as we have become the main service most statutory partners have used for their clients.

Employability

LADDER Centre continues to provide an open access job club with 1:1 support for help with CV's, application forms and interviews. Focusing on supporting independent job search and help with volunteering and training opportunities. This year has possibly been the quietest year for employability in part due to the removal of DWP requirements to job search but also due to the various lockdowns encouraging people to develop their own skills and independence when using IT. Even so LADDER Supported:

49 people into Work

45 people into Training

10 people into Volunteering

Benefit and Welfare Support - AAP Funded

Benefits wise, last financial year we saw 300 people, many of whom required one or more appointments. Our Diary indicated over 600 appointments for benefits IAG over the same period. This project continues to allow us to access some of the most vulnerable in our communities at extremely stressful times in their lives. As normal we do not offer this service as simple ''form filling'', instead if needed we take the opportunity to get to know the clients and offer intervention and support to help address the root causes of what is going wrong. This project has been invaluable as COVID has continued to impact upon or communities and we have become the referral of ''choice'' for several partners and local people due to the standard of service we provide. Moving forward we are ready to face the challenges of the increase in the cost-of-living crisis, however increased workload and uncertainty around future funding remains a challenge. We are rolling out outreach work in Chilton, West Cornforth in Bishop Middleham during 2022 and we hope that this will allow us to further increase our support to those previously unable to access our services.

Health & Wellbeing

Men's Mental Health - CDCF/Happiness Hubs/Stamp it out

LADDER Centre run an established men's mental health group that meet every Wednesday. During the last year we have worked with 28 men and regularly have 15 people engage weekly. This group have enjoyed and continue to enjoy weekly health related activities including walking, free gym sessions and walking football. As well as the benefit of one to one support from the group lead when required. We have organised several social days out for those taking part. The men taking part have also begun to engage in volunteering activities, courses to improve life skills and guidance on how to make change, connect and build positive relationships. The group continues to make a significant, positive impact to men suffering from isolation, poor mental health and low income in our area and as a result we are receiving new referrals weekly into the group from partners in particular the new Social Prescribing Link Workers.

Page 2

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

Women's Mental Health - CDCF

Due to the success of the mens group at the LADDER the decision was made to see if a similar model could work with women. Funding was secured to pilot a women only group and this started in January 2022. Numbers have been impressive for a new group with over 18 women signed up and 12 regularly attending sessions. This group has included a health activity - including health walks and gym sessions a healthy lunch and then another activity. Focusing on health and wellbeing the group has very exciting plans moving forward with mental health, tackling isolation and building friendships.

Lottery - Awards for All

Funding was secured in May 2021 to support Ferryhill LADDER Centre to start a series of community learning activities with the aim being to support people to reengage with face to face activities. A number of courses and learning opportunities have taken place including: gardening and hanging basket making, run for health (couch 25k), walking to wellness, healthy lives healthy you, and a craft and chat project. The most successful course which LADDER ran was craft and chat and we have been successful in securing continuation funding for this social group to continue. Over the duration of this project Lottery Awards for All helped us to work with over 75 local community members.

Craft and Chat

Initially part of LADDER Centre Awards for All funding Craft and Chat has been running on a Tuesday morning since September 2021. With regular attendees of 15 + people the project grows from strength to strength. Focusing on a different craft each month the group get the opportunity to learn new skills and socialize in a warm and friendly environment. Taking in referrals from GP services and Livin. Some of the work created by the group has been exceptional and entered into local craft competitions.

Moving forward we will look to continue to grow the group, encourage those taking part to engage with something new and have a positive impact upon the mental health of those coming along. Reaching Communities

A new project starting in January 2022 to support work around Digital Inclusion. With funding to deliver teaching for digital skills.

Livin' Housing

Livin Stars was a project delivered to support Livin tenants with more in-depth support with a focus on tackling social isolation and encouraging tenants to reengage with services. Ferryhill LADDER Centre worked with 50 tenants and provided a range of interventions This project was extremely successful and brought about significant social value to Livin' in the region on £1.3 million.

ESF

Funding for ESF was initially awarded in March 2020 just prior to COVID, due to the nature of delays the project completed in Dec 2021. This project initially planned to deliver group IT training to focus on Employability and Financial Inclusion. The project delivery changed in line with COVID requirements and Ferryhill LADDER Centre delivered 10 hours of 1:1 training to 40 people and tailored this training to meet the individual requirements of each learner. Due to the successful completion of this training Ferryhill LADDER centre was awarded further funding to deliver ESF training and this will be completed by Dec 2022.

Supportive

Page 3

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

Funding was received from Supportive and this was a lovely opportunity to provide trips to local residents and provide positive activities to get people out and about again The aim was Covid recovery and tackling social isolation. Trips were organised to a range of places including Seaham, Hartlepool, Whitby and Richmond. Additionally funding as used to cover room hire at Ferryhill Sports and Enterprise Centre for Walking Football Sessions.

Arnold Clark

LADDER Centre approached Arnold Clark fund to seek support for cover the cost of Christmas dinner and Christmas gift packs for our various groups in the Centre. This was a great help and allowed the centre to deliver Christmas lunches to men's group, ladies group (albeit in February) and youth groups. It also allowed the Centre to provide Christmas gift packs to some of the most isolated people who work with the Centre.

COOP - Cllr Atkinson - Livin'

Funding from Coop Community Fund was was used to carryout various outdoor updates to allow the centre to offer more services when social distancing restrictions were in place. With match funding from Cllr Atkinson and Livin' the centre was able to replace rotting decking and when storm Arwin caused significant damage to fencing we were able to replace fencing and secure the building.

Ferryhill Town Council

Funding was secured to add an additional Summer Fun and Food Sessions to allow LADDER staff to deliver a youth session every week during the summer holidays. This support bolstered the existing provision and statistics for this project are mentioned in Play and Youth work section.

Play and Youth Work - CDCF Police and Crime Commissioner Fund, Sport England, Fun and Food

During 2021 /2022 Ferryhill LADDER Centre ran play and youth work with limited funding. As a core service the Centre continued to deliver 6 sessions per week supporting children from the ages of 5 to 18. With a focus on healthy life choices, being active and tackling risk taking behaviour. The staff at Ferryhill LADDER Centre worked with over 250 children and young people and provided a wide range of services and activities.

Fun and Food - supported activities during school holidays with the focus on providing a healthy and nutritious meal with fun activities. The funding provided 4 weeks of activities over the summer holidays as well as activities during Easter, Christmas and various half term holidays. This has become a core service and we are always over subscribed for the activities.

Sport England - funding from here have provided 1 multi sport session each week to young people to increase uptake in sport and encourage teenagers to be more active.

Police and Crime Funding - this funding was again targeted at young people as a way for the centre to provide diversionary activities in Ferryhill, this funded our youth delivery for the year and allowed us to engage with a range of young people throughout Ferryhill. Detached youth sessions also ran once a week targeting known areas young people congregated.

FINANCIAL REVIEW

Principal funding sources

Funding has been received in the form of grants as detailed in note 3 to the accounts.

Page 4

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

FINANCIAL REVIEW

Reserves policy

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed held by the charity should be between 3 and 6 months of the expenditure. The present level of reserves available to the charity of £45115 meets this target level.

FUTURE PLANS

As we move forward into 2022/23 LADDER Centre will continue to deliver employability and benefit advice but we will also deliver this as an outreach service to local residents in neighbouring communities including Chilton and Bishop Middleham. This will be possible due to funding from 4Together AAP.

Targeted support to older residents will include work to carryout benefit checks and make new claims for pension credit and other entitlements as we look to increase income and reduce outgoings to address the cost of living crisis.

Benefit calculations will be available for anyone who wishes to ensure they are receiving the maximum entitlement to support and again help will be provided to make any new claims required. Digital independence will also be a priority as we look to support people to take ownership of their own situation and we will aim to create more self-reliance.

Food and fuel poverty is also a major priority and The LADDER Centre will look to restart free lunch clubs at least once a week and also offer children free food when attending all sessions from September onwards. We will continue to work closely Ferryhill food bank and look to work strategically to help during this current cost of living crisis.

Play and youth staff will focus work on addressing issues of anti-social behaviour with children and young people who attend the Centre and targeted programmes of work will be embedded into delivery over the next 12 months.

Volunteering will be a focus with training and support offered to volunteers who will play a key role in centre work and we want to expand on the Centre's volunteer offer.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purpose of charity law and under the company’s Articles are known as members of the Management Committee.

Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of 1 year after which they must be re-elected at the next Annual General Meeting.

The Management Committee seeks to ensure that the needs of the charity are appropriately reflected through the diversity of the trustee body.

Page 5

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure

The Ferryhill LADDER Centre Ltd has a Management Committee of up to 8 members who meet quarterly and are responsible for the strategic direction and policy of the charity. A monthly meeting convenes to discuss operational and day-to-day running of the Centre.

A scheme of delegation is in place and day-to-day responsibility for the provision of the services rests with the Development Worker.

Induction and training of new trustees

Most trustees are familiar with the practical work of the charity and an induction pack has been implemented to introduce new trustees and information is provided as to the extent of their responsibilities and roles.

Risk management

The Management Committee has concluded its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Internal risks are minimalised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03953195 (England and Wales)

Registered Charity number 1090005

Registered office

Ferryhill Ladder Centre Ltd 5-7 Coniston Road Ferryhill Co. Durham DL17 8EZ

Trustees

Mr J Birchall Mrs V A Birchall Mrs V C Hall Mr P B Atkinson Ms R D Henderson Ms R A Jacobs Ms S Kirby Ms M Mccartin

Company Secretary

Ms R A Jacobs

Page 6

Ferryhill Lakes And District Development Education Resource Centre Limited

Report of the Trustees for the Year Ended 31 March 2022

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Peter A Hodgson FCCA Peter A Hodgson & Co Limited Chartered Certified Accountants Hett Mill Cottage Hett Durham DH6 5LN Approved by order of the board of trustees on 16 July 2022 and signed on its behalf by:

Mr P B Atkinson - Trustee

Page 7

Independent Examiner's Report to the Trustees of Ferryhill Lakes And District Development Education Resource Centre Limited

Independent examiner's report to the trustees of Ferryhill Lakes And District Development Education Resource Centre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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

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 Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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 accounts 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)).

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.

Peter A Hodgson FCCA Peter A Hodgson & Co Limited Chartered Certified Accountants Hett Mill Cottage Hett Durham DH6 5LN

16 July 2022

Page 8

Ferryhill Lakes And District Development Education Resource Centre Limited

Statement of Financial Activities for the Year Ended 31 March 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
182
Charitable activities
3
Grants Received
25,111
Other income
-
Total
25,293
EXPENDITURE ON
Charitable activities
4
Grants Received
-
Administration of Charity
29,602
Total
29,602
NET INCOME/(EXPENDITURE)
(4,309)
RECONCILIATION OF FUNDS
Total funds brought forward
49,424
TOTAL FUNDS CARRIED FORWARD
45,115		 Restricted
funds
£
-
162,601
11,989
174,590
-
127,500
127,500
4,7090
165,394
212,484		 31.3.22
Total
funds
£
182
187,712
11,989
199,883
-
157,102
157,102
42,781
214,818
257,599		 31.3.21
Total
funds
£
516
196,007
13,022
209,545
-
148,829
148,829
60,716
154,102
214,818

The notes form part of these financial statements

Page 9

Ferryhill Lakes And District Development Education Resource Centre Limited

Statement of Financial Position 31 March 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
10
6,457
CURRENT ASSETS
Debtors
11
1,180
Cash at bank and in hand
42,373
43,553
CREDITORS
Amounts falling due within one year
12
(4,895)
NET CURRENT ASSETS
38,658
TOTAL ASSETS LESS CURRENT
LIABILITIES
45,115
NET ASSETS
45,115
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
104,926
-
107,558
107,558
-
107,558
212,484
212,484		 31.3.22
Total
funds
£
111,383
1,180
149,931
151,111
(4,895)
146,216
257,599
257,599
45,115
212,484
257,599		 31.3.21
Total
funds
£
118,010
1,224
100,520
101,744
(4,936)
96,808
214,818
214,818
49,424
165,394
214,818

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 10

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Statement of Financial Position - continued

31 March 2022

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

The financial statements were approved by the Board of Trustees and authorised for issue on 16 July 2022 and were signed on its behalf by:

Mrs V A Birchall - Trustee

Mr P B Atkinson - Trustee

The notes form part of these financial statements

Page 11

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - in accordance with the property
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 12

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
3.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Grants Received
Grants received, included in the above, are as follows:
Children in Need

Durham County Council
County Durham Community Foundation
Livin' Housing Ltd
The Big Lottery
Ferryhill Town Council
Tudor Trust
Greggs
Neighbourly Ltd
Pioneering Care Group
Coop Foundation
The Cloth Workers Foundations
The Neighbourly Foundation
Main Grants
Supportive SRC Ltd
Stamp it Out
Arnold Clark		 31.3.22
£
182
31.3.22
£
187,712
31.3.22
£
-
97,948
26,618
18,525
19,595
1,000
-
-
-
5,100
1,726
-
400
9,500
1,300
5,000
1,000
187,712		 31.3.21
£
516
31.3.21
£
196,007
31.3.21
£
31,639
74,694
-
22,500
24,511
-
22,000
10,000
400
4,768
1,095
4,400
-
-
-
-
-
196,007

Page 13

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

4. CHARITABLE ACTIVITIES COSTS

Support
Direct
costs (see
Costs
note 5)
£
£
Administration of Charity
143,919
13,183
5.
SUPPORT COSTS
Governance
Management
Finance
costs
£
£
£
Administration of Charity
10,026
120
3,037
6.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.22
£
Depreciation - owned assets
6,627
Other operating leases
3,386		 Totals
£
157,102
Totals
£
13,183
31.3.21
£
8,320
2,949

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

8. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 31.3.22
£
94,048
6,256
2,266
102,570		 31.3.21
£
97,378
6,444
2,402
106,224

The average monthly number of employees during the year was as follows:

Support Workers 31.3.22
6		 31.3.21
6

No employees received emoluments in excess of £60,000.

Page 14

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
516
-
Charitable activities
Grants Received
47,514
148,493
Other income
1
13,021
Total
48,031
161,514
EXPENDITURE ON
Charitable activities
Grants Received
-
-
Administration of Charity
20,002
128,827
Total
20,002
128,827
NET INCOME
28,029
32,687
RECONCILIATION OF FUNDS
Total funds brought forward
21,395
132,707
TOTAL FUNDS CARRIED
FORWARD
49,424
165,394		 Total
funds
£
516
196,007
13,022
209,545
-
148,829
148,829
60,716
154,102
214,818

Page 15

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

10.
TANGIBLE FIXED ASSETS
Improvements
Fixtures
to
Plant and
and
property
machinery
fittings
£
£
£
COST
At 1 April 2021 and
31 March 2022
168,613
16,422
39,104
DEPRECIATION
At 1 April 2021
59,044
16,289
34,447
Charge for year
3,372
133
1,690
At 31 March 2022
62,416
16,422
36,137
NET BOOK VALUE
At 31 March 2022
106,197
-
2,967
At 31 March 2021
109,569
133
4,657
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Accrued expenses		 Computer
equipment
£
16,596
12,945
1,432
14,377
2,219
3,651
31.3.22
£
1,180
31.3.22
£
1,971
2,924
4,895		 Totals
£
240,735
122,725
6,627
129,352
111,383
118,010
31.3.21
£
1,224
31.3.21
£
2,151
2,785
4,936

Page 16

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

13. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
14.
MOVEMENT IN FUNDS
Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
Children in Need
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
CDCF
Awards For All
7 Support Worker
8 Support Worker
C Hall
Coop Foundation
Easter Activities
Summer Holidays
DCC Art
Supportive SRC Ltd
Arnold Clark
Craft and Chat
Living Easter and Summer 2012
Volunteer Fund
AAP Welfare Fund
Platinum Jubilee Celebrations
TOTAL FUNDS		 At 1.4.21
£
30,454
12,685
1,916
4,369
49,424
15,380
500
12,294
1,866
7,936
111,018
-
-
5,282
5,826
20
1,095
682
2,500
995
-
-
-
-
-
-
-
165,394
214,818		 31.3.22
£
3,338
Net
movement
in funds
£
198
(2,179)
(700)
(1,628)
(4,309)
12,787
(500)
21,593
7,697
(6,058)
(6,092)
4,166
6,557
(2,995)
(3,377)
-
(1,095)
(682)
(2,500)
(995)
650
334
1,800
2,200
1,100
12,000
500
47,090
42,781		 31.3.21
£
1,848
At
31.3.22
£
30,652
10,506
1,216
2,741
45,115
28,167
-
33,887
9,563
1,878
104,926
4,166
6,557
2,287
2,449
20
-
-
-
-
650
334
1,800
2,200
1,100
12,000
500
212,484
257,599

Page 17

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
Children in Need
6 Support Worker
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Livin' Housing Ltd
CDCF
Awards For All
7 Support Worker
8 Support Worker
Coop Foundation
Easter Activities
Summer Holidays
DCC Art
May 2022 Half Term
Supportive SRC Ltd
October 2021 half term
Arnold Clark
Christmas 2021 Activities
Craft and Chat
Living Easter and Summer 2012
Volunteer Fund
AAP Welfare Fund
Platinum Jubilee Celebrations
TOTAL FUNDS		 Incoming
resources
£
24,893
400
-
-
25,293
31,470
(500)
40,751
43,853
4,639
-
1,500
4,720
8,745
9,081
1,479
6,726
(426)
-
-
473
1,300
384
1,000
1,795
1,800
2,200
1,100
12,000
500
174,590
199,883		 Resources
expended
£
(24,695)
(2,579)
(700)
(1,628)
(29,602)
(18,683)
-
(19,158)
(36,156)
(10,697)
(6,092)
(1,500)
(554)
(2,188)
(12,076)
(4,856)
(7,821)
(256)
(2,500)
(995)
(473)
(650)
(384)
(666)
(1,795)
-
-
-
-
-
(127,500)
(157,102)		 Movement
in funds
£
198
(2,179)
(700)
(1,628)
(4,309)
12,787
(500)
21,593
7,697
(6,058)
(6,092)
-
4,166
6,557
(2,995)
(3,377)
(1,095)
(682)
(2,500)
(995)
-
650
-
334
-
1,800
2,200
1,100
12,000
500
47,090
42,781

Page 18

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
Children in Need
6 Support Worker
Durham County Council AAP
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Tudor
CDCF
7 Support Worker
8 Support Worker
C Hall
Coop Foundation
Easter Activities
Summer Holidays
DCC Art
TOTAL FUNDS		 At 1.4.20
£
-
-
-
21,395
21,395
-
-
-
4,118
-
-
115,365
9,961
3,263
-
-
-
-
-
-
-
132,707
154,102		 Net
movement
in funds
£
30,454
12,685
1,916
(17,026)
28,029
15,380
500
12,294
(4,118)
1,866
7,936
(4,347)
(9,961)
(3,263)
5,282
5,826
20
1,095
682
2,500
995
32,687
60,716		 At
31.3.21
£
30,454
12,685
1,916
4,369
49,424
15,380
500
12,294
-
1,866
7,936
111,018
-
-
5,282
5,826
20
1,095
682
2,500
995
165,394
214,818

Page 19

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
Children in Need
6 Support Worker
Durham County Council AAP
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Tudor
CDCF
7 Support Worker
8 Support Worker
C Hall
Halloween
The Cloth Workers Foundation
Coop Foundation
Garden
Easter Activities
Summer Holidays
DCC Food Packs
DCC Covid Sport
DCC Art
DCC Flooring
TOTAL FUNDS		 Incoming
resources
£
49,369
13,151
1,916
(16,405)
48,031
33,974
918
30,788
(3,682)
38,029
22,068
3,440
(9,961)
(3,263)
16,999
12,950
20
603
960
1,095
1,732
1,085
2,500
7,557
156
995
2,551
161,514
209,545		 Resources
expended
£
(18,915)
(466)
-
(621)
(20,002)
(18,594)
(418)
(18,494)
(436)
(36,163)
(14,132)
(7,787)
-
-
(11,717)
(7,124)
-
(603)
(960)
-
(1,732)
(403)
-
(7,557)
(156)
-
(2,551)
(128,827)
(148,829)		 Movement
in funds
£
30,454
12,685
1,916
(17,026)
28,029
15,380
500
12,294
(4,118)
1,866
7,936
(4,347)
(9,961)
(3,263)
5,282
5,826
20
-
-
1,095
-
682
2,500
-
-
995
-
32,687
60,716

Page 20

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
6 Support Worker
Durham County Council AAP
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Tudor
CDCF
Awards For All
7 Support Worker
8 Support Worker
C Hall
Supportive SRC Ltd
Arnold Clark
Craft and Chat
Living Easter and Summer 2012
Volunteer Fund
AAP Welfare Fund
Platinum Jubilee Celebrations
TOTAL FUNDS		 At 1.4.20
£
-
-
-
21,395
21,395
-
-
4,118
-
-
115,365
9,961
3,263
-
-
-
-
-
-
-
-
-
-
-
132,707
154,102		 Net
movement
in funds
£
30,652
10,506
1,216
(18,654)
23,720
28,167
33,887
(4,118)
9,563
1,878
(10,439)
(9,961)
903
6,557
2,287
2,449
20
650
334
1,800
2,200
1,100
12,000
500
79,777
103,497		 At
31.3.22
£
30,652
10,506
1,216
2,741
45,115
28,167
33,887
-
9,563
1,878
104,926
-
4,166
6,557
2,287
2,449
20
650
334
1,800
2,200
1,100
12,000
500
212,484
257,599

Page 21

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
2 Running/redundancy costs
Contingency fund
Youth
Unrestricted
Restricted funds
4 Support Worker
Children in Need
6 Support Worker
Durham County Council AAP
3 Support Worker
5 Support Worker
Fixed Assets Restricted
Livin' Housing Ltd
Tudor
CDCF
Awards For All
7 Support Worker
8 Support Worker
C Hall
Halloween
The Cloth Workers Foundation
Coop Foundation
Garden
Easter Activities
Summer Holidays
DCC Food Packs
DCC Covid Sport
DCC Art
DCC Flooring
May 2022 Half Term
Supportive SRC Ltd
October 2021 half term
Arnold Clark
Christmas 2021 Activities
Craft and Chat
Living Easter and Summer 2012
Volunteer Fund
AAP Welfare Fund
Platinum Jubilee Celebrations		 Incoming
resources
£
74,262
13,551
1,916
(16,405)
73,324
65,444
418
71,539
(3,682)
81,882
26,707
3,440
1,500
(9,961)
1,457
8,745
26,080
14,429
20
603
960
7,821
1,732
659
2,500
7,557
156
995
2,551
473
1,300
384
1,000
1,795
1,800
2,200
1,100
12,000
500
336,104		 Resources
expended
£
(43,610)
(3,045)
(700)
(2,249)
(49,604)
(37,277)
(418)
(37,652)
(436)
(72,319)
(24,829)
(13,879)
(1,500)
-
(554)
(2,188)
(23,793)
(11,980)
-
(603)
(960)
(7,821)
(1,732)
(659)
(2,500)
(7,557)
(156)
(995)
(2,551)
(473)
(650)
(384)
(666)
(1,795)
-
-
-
-
-
(256,327)		 Movement
in funds
£
30,652
10,506
1,216
(18,654)
23,720
28,167
-
33,887
(4,118)
9,563
1,878
(10,439)
-
(9,961)
903
6,557
2,287
2,449
20
-
-
-
-
-
-
-
-
-
-
-
650
-
334
-
1,800
2,200
1,100
12,000
500
79,777

Page 22

continued...

Ferryhill Lakes And District Development Education Resource Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

14. MOVEMENT IN FUNDS - continued

TOTAL FUNDS 409,428 (305,931) 103,497

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

16. ULTIMATE CONTROLLING PARTY

The company is incorporated as a company limited by guarantee and not having a share capital. The members of the company have each undertaken to contribute an amount not exceeding £1 towards any deficit arising in the event of the company being wound up. This guarantee applies during the period of membership and extends one year after membership ceases.

Page 23

Ferryhill Lakes And District Development Education Resource Centre Limited

Detailed Statement of Financial Activities
for the Year Ended 31 March 2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Charitable activities
Grants
Other income
Employment allowance
JRS Grant (Furlough)
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Police checks
Activity costs
Repairs and maintenance
Staff travel
Licences
Cleaning
Rentokil
Sage software
Photocopier usage
Covid Safety Expenditure
Staff Training Costs		 31.3.22
£
182
187,712
4,000
7,989
11,989
199,883
94,048
6,256
2,266
387
1,148
3,507
3,444
556
563
239
13,730
14,617
424
723
90
782
144
995
-
-
143,919		 31.3.21
£
516
196,007
4,000
9,022
13,022
209,545
97,378
6,444
2,402
371
1,066
1,937
2,032
1,217
13
-
11,533
3,745
-
222
51
732
144
870
4,267
235
134,659

Support costs

This page does not form part of the statutory financial statements

Page 24

Ferryhill Lakes And District Development Education Resource Centre Limited

Detailed Statement of Financial Activities

Support costs
Management
Other operating leases
Sundries
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
Finance
Bank charges
Governance costs
Accountancy fees
Professional fees
Total resources expended
Net income		 for the Year Ended 31 March 2022 31.3.22
£
3,386
13
3,372
133
1,690
1,432
10,026
120
2,911
126
3,037
157,102
42,781		 31.3.21
£
2,949
13
3,372
600
2,125
2,224
11,283
115
2,772
-
2,772
148,829
60,716

This page does not form part of the statutory financial statements

Page 25