**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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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