for tfie yew JtsrcA 2022 Company Registration Number. 0418(W (England and Wales) ChaIity Number. 1091127
Page Reference and AdmiDimtive Detai]s of tlle Charity. its TDJstees and Advisers Trustees Report Independent Fxaminers Report OD the FiDancial Statements 9-10 Statement of Fuwkeiai Acrivities 11-16 17-23 Notes to the Financial Statemen
Mrs E Ekpo Dr H Lu. OBE Mr C Mehta Dr C N Njue Resisned 12r2D2] Mr A Oieniyi Mr P Chilufya Mr Nzx)n Bimbe PEittlpl BMECP Centre 103 Fket Street Brighton East Sussex BNI 4ZE Fabek Awciates & Co Ltd Certified Chartered Accountants 32 Dewey Road Da8enh4m Essex RMIO 8AR Bke[% Natwest Bank Bnghton Town Centre Branch UDit 40 56 Churchill llaTe Bri8hton BNI 2ES CrnDPny Re(Dl*r. 0418(W (England and Wale8) (kniryNumlJr. l(r31127
The TrlleeS who are also Directo of the cbariry for the of the Comp3nies Act 21. Present their report with the financial statemenus of the chariry for the year ended 31 March 2022. Thc rrlleeS have adopted the provisions of Accounring and RepoTting by Charities.. Statement of Recommended Practice applicable to clwities preparing their accounts in aecordanee with the Financial Reprting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effertive l January 2019). As a not-foi-profit organivtion the BMECP do not have slweholders to answer to. the BMECP operations are not funded by the Social Investsneni Bu8iness and Brighton and Hove Ciry Council. BMECP bou8hi a she]1 properry and borrowed £2(KI.(KXI from SIB to improve the property. When rooms are booked OT offices are hired at the BMECP centre. the monies are reinvested b#ck into the centrc to pay for 0ratIonal cosi and the general running of the centre. OUT overall aim is to raise enou8b revenue to make BMECP sustainable and able to fund 1¢$ own in-houge projects. indudiDg trainin8 and events and to supwrt to support BME community. b) OEg&*ve• - To promote equaliry of opprtuniry For Black and Minoriry Ethnic individuals and their families and to challenge and eombat racism and all foLins of discrimination. . To supwjrt Black and Minoriry Ethnic Grou individuals and families by providing them with information. advice and other assistance. - To develop and maintain contacts with the statutory. voluntary and private sectors orsanisations with Ihe aim of encwragin8 them to implement wlicies which will promote equaliry of oppornnity and gry)d relauon8 berween people of differeni ethnic origins. - To deliver any services which are within the scope of the objects of BMECP. - To promote or carry out research and to dissete the useful results of such research and to publish or distribute such InfornoD. - To establish, develop and Main} a resource centre catering particularly for. bur not solely. the needs of black and ethnic pwples. including refugees and asylllm geekers. who are resident in Brighton and Hove Ciry. The organisarion's th3ritsble attivities include: The Centre has been in operntion for moTe than 21 years alld conEifAues to thrive as a ppular venue providing a welcoming. accessible. and affordable commuDiry spce enjoyed by everyone.
We have several tenants rentin8 our office spaces and other spaccs/meeting TDoms are rented for training 3nd other communiry activities wbilA we continue to encounge the introdurtion of clienLS to the centTe. WbiL8t office rental do geDerate more steady income for rhe Centre, the other available spaces beiDg rented for meetitrainIng has meant thai we have ukoie available space for meetings1ts2ining for the Ernefit of everyone. We have a diverse cust0Ar base thereby Continuing to serve the comrnuniry. Communiry members and groups are encour4ed to sUPrt the Centre 80 as to ensure that the rooms and offices are used and that the Centre gener3tes enough ineome to be se]f-susraining which is very important for the going-concern of the organisation. BMECP has aL80 adverti hot desking faciliry that enables smaller groups, organisations and indlviduals to U8e the Centre facilities including rhe Centre address for their group or bu51tie This oLw enables them to we the available desks as and when they require a prAvate space on a rota basis. Members are offered a discoun( ou rLM)m INJokin8. This is an opportuniry for co-working and networking with other Like-minded people with regular seminars and workthop4 included in the bot deskin8 packa8e. . On the 30th of May 2018. BMECP was reclSed by HMRC as chariry for tax purp)se$ under the Gift Aid scheme. - Thi$ now means that BMECP can make elaims for repayment of tax on Individu donauon$ EO the centre under the Gift Aid Scheme within 4 yeaTh of its accountin8 period of the receipT of the Gift Aid Donation. In addition. BMECP 1$ eligible to claim a roFup paymen¢ worth 2596 of every Pound. even if we don't have a Gift Aid declaration from the donor when there VAS a verbal confirniarion from the donor. - Gifc Aid donauons will give the BMECP another income stream & will improve the sht70w, & in turn BMECP will use the mueh-needed cash ro promoie charitable projective. which is the essence of her existence. Patrick Chilufy¥ & Adeoia Oj'eniyi are the authorised BMECP'S authorised officials wlth HMRC. Our website acts as the eye of BMECP to the pthbjic. VisitoTh are able to See what our missio aim$ and objecuve& - We have been using the website to fimdraise induding gift aid aoDations. -we made sure our website has the rigbt content and we have attrncied a lot of new visiiors Itrdffic bas iDcrea5ed}, our supporters and other donors ro market our organisauon and raise funds for our %)cial and charitable projects. - Our main aim is to encourage our supp)rters. &8 well as the public to visit our websire so that they can see what we do and at the Same encourage them to dollate fiLnd5 to the charity. Our &im is to leverage the platfom to connect with people in Brighton & surrounding are&8. Using FaCebk for Fundraising & Markettn8 - Our new Facebook Page ts linked to our website. - We have made sure our Faceb(K)k page has the Tighi contenL pmfile page photos and videa8. We also utilise all the suites 0£ tcM)b and Servi offered by Facebook. Our FaCe}k h&% been dearly caregwised us Non-Profit and utilised seryi¢es such as Fundraisers. events. page insights. dor05 3nd x) forth. . We will continue to tske advanrage of Facebook Twls and Serye$ such ¥ Fun<lrdiser & Donate Button to raise cash tbrough Gift Aid & other doDations.
- We also wani our FaceixK)k Page to attrart a5 many vi5itot5 as Im7ble & also to like or follow
- We will #kn try to we tools such as Events to 35SiSt us or8anise p)rIerS to pgrticipate in the acrivitiu.
- We can utilise t1$ such as lave for Live Fundraisin8 place free advertisement space for charities.
- Furthern]ore. using the FwidTaiser twl, we ¢An use the ability for otFLer people to fundraise on our behalf for our various cau8e& BMECP currently meawre or record the number of people visiting the centre and record of bookings or hiring our r(K)uJs for traini and other purpow for board decisions.
- BMECP wants to move away from jull recording traffic into the centre bui into Measur1 and Domongtraiin8 kKial Impacl.
- We want to me3sure the quality of OUT services such as the experience of our setvice users
- As a result. we are planning to stsrt capturin8 data througb quaiiry suryeys. We will always ask the user o£our services to complete the questionuaire OT survey forn. .This project was hjnded by NHS England.
- ]b]IC benefiL in shapin8 our objectives 2nd plannin8 our activities for the year & the TN8(ees have 8iven CODSider41iOD to the dutieA set out in section 17(5) of the Charities Act 2011 to have due regard to public benefit. In p3rticular. Ihe Tnts(ees have considered how the planned activiiies will contrite io the over4118ims and objective5 that Ihey have set. The Trustees believe that the followin8 Pafg8Taphs under 'Objectives. Aims and Artiviues/Projects' for the year. relate in deuil the benefii thai the chariry provide5 to the public. There was a surplus for the Friod of £6,278 (2U21: surplus Q8.199). The unusable rejerves balance for the year was £1,116.666 {2021.. £1,104,É1)6). The unusable TegeNe hol¢ls the chariry assets that are used to generate the fund8 to run the centre. Of the £6,278 surplus for Ihe year under review £1,768 is restricted and must be used as specified by the donors. General UDresuicied and restticted reserves Thow stand at £21.368 (2021: £19.8581 and £18.786 (2021: £29.0781. The reauctiOD in income generaied and reserves was duc to naiion-wide lockdown of acuyitses followin8 the outbreak of COVID-19. The centre has now EM)UDced back and the indices have shEJwn that the reserve is on its way up. . BMECP's TneeS recognise the 1]tirtance of havitig income available to be spent at the Ttees, discretion itl fiwtheTance of the charktys obieLts which As not yet spen( committed or designated.
- BMECP'S Trustees aim to develop and maintain ullrestricted reserves equal to the value of 3 months rLumI Costs. The use of re5rricted fund5 in the developmeut of unresrricted reserve5 is prohibited
Governing docwnent Black and Minoriry Ethnic thwnuniry PartnehIp was iThcorpornred as coMpY limited by guarantee on 15 MaTch 2(K)l aod Teceived chariuble status on 14 March 2(KJ2. Its governing document is its Memoranduw and Articles of Association dated 15 March 21JJl as amended March21K)l aDd 3 SepteDJber 2LN)2. The Trustees when complete shall consist of at least 8 and not more Ihan 18 individuals of whom: li) not more than 12 sba]J be elected by the llLemiws of Black and Minoriry Ethnic CoTnmuniry Partnership in general meeun8i and (li) not more than 6 shall be appointed at 8 duly convened meetinB of the tsljstees by the tnLstee$ elected under (i) aVe. One third lor the number neare51 one third) of the Tntee$ elected under (i) above must retire at each subsequent AGM. thoge longest in office Tetiring first. Where a hoice must be made berween any of equ service, the number of voles which each reeeived when last elected office shall determine the issue w that those who received less votes thall retire first. A Trustee reuiin8 under this knide may not stand for re-election Ore the AGM following the AGM at which he or she retire5. The Trustees must hold at least 3 meetings eacb y&ir and the quorum is 4. Shnce the cconoTrty opened up there are lingering impaci of COVID-19 that IS Still affect the pace of room hirin8 ai BMECP. We are Still noi ai full capaciry ID (erms of room usa8e and occupancy because some businesses were not fully back w]Jich by extension is affecting BMECP usa8e. BMECP haye also had to cope with hi8h energy bills during the calendar year #nd this has become an existential tFmt to the workings of BMECP. The organisation is making the necessary efficiency savings to cope with the svrge in energy Cost. The foodbank of BMECP 5¢2rLed in Maytr 2020 and aveA8e number of families setved is one hwidred and twenty {120) per week. But over the course of financial year. the FTr)dbank had to stop temporarily because the progran)me ran out of funding and BMECP was not able to reach her targe¢s. Towards the ella of the financial year and with support of seveTrl orgaDigtion& the food bk restarted thou8h not currently 81 the same capacity as it was at the start. The average now strved weekly basis is about Familie& Over the courye of the financll year. a memE*T of staff resi8Ded and hAd taken BMECP to an employment ribuDal and this co1tte a risk to the works of BMECP and we will update these changes on ow Teprt
yi-. 8tAtemenrs in accordance with app]icab]e law and regulatio Cornpany law requires the tntstets ro preFwe finartc1 StrMents for each financial year in Accounting Praaice). The fitwi¢ial sEatements are requiTrd by law to give a ttue and fair view of the 5tste of affairs of the charitable company and of the excess of inco]De over exa1[are for thatperio ' select suitable aOllti8 plieie8 and then appty them eonsimty. . make juagmeDTS and ¢tel are reamble and pruden(
aTr wlwther appbcable UK AccouDtiD8 kndards have been followed. b)eCt to
Prepare the fJDanaal mtements on the soin8 eoDeern basis unlesy it is iDappropriate to presume thar the Clwiry will CODtinue in irs activiue8. The tr[ee$ are rewMAble for keeping proper accounting records that dis¢)08e with rea8onable accuiacy at any ume the financial wiuon of the charir2ble company and enable them to ensure that its fmaneial KatemeDts comply with the Charkties Art 2011 a$ 8TneDded. They have general respon8ibiliry for raking such steps a8 are rewnably open to them to saftguard the assets of the dwltsble compBDy and to preyenr <irtert •nd other irregu The tnree6 who held office at the date of approv¥1 of thi8 rrurtea. Tel[ far 8$ they are eath aware. there is no relevant infonon of which the Cb8rity'S examiner is naware. and each tntstee Iw taken all the rteps that helsbe ought to have taken ¥ a rrustee ro make himself I herself aware of any relevant infoDn8tion and to esrabli5h that the Chariry'9 examiner is aware of that inf0rllti0n. In line with the provision uemptioJ in the Charitiès Act 2011 as wiended, the tnut have auir rfthe 18th tOber 2022
We rèport on the accounts of the Trust for the year ended 31 March. 2022. which are Set oui on Pages I I to 23. We have examitied the financial ststements of the B]ack and Minority Et]Jnic Communiry Partnership (the chaElry) for the year ended 31 March. 2022 which compTise the Statemeni of Financial Acrivities, the Balance Sheet, Ihc Sratemeni of Cash Flows and the related notes, including a summw of sisnificant accountin8 p)licies. the fillClaI reporting framework that has been applied in their preparation. its applicable law and United Kingdom Accounting Siandards, indudin8 Finaucial Rertillg S(andaTd 102 - The Financial Reporting StandaTa applicable in the UK and Republie of Ireland. (Uniied Kingdom GeneTaUy Accepted Accounun8 Pracuce). The financial statements have been prepared in accordance with Accounun8 and Re[rtIng by Charities preparing their accounts in ?ccordance with the Financial Rep)rting Standaras applicable in the UK and Republic of Ireland (FRS 102) in PTeference to the Accounting artd Reporting by Charities: Statement of Recommended Practice issued on l April 215 which is referred to in the extant Tegulations but has been withdrgwtL This has been done in onier for the accounts to Pro a trne ana fair view in accord8nce with the Generally Accepted Accounting Prnctsce effeetive for reporting peri(xls i1ng on or after I lanuary 2015. In our opinion the financial statemen Give a tn and fair view of the stste of the chariry $ affairs as at 31 March, 2021 of its incomin8 resources and application of resource5 for the year ended: Have been properly prerAred in accordance with United Kingdom Generally Accepted Accounting Practice; and Have tn prepared irt aceonlance with the requirements of the Chariues Act 2011. The chariry s rneeS are reS51ble for the prepardtion of the accounts. The Charity's trustees consider that an audit is not required for this year {undLY section 4312) of the Charities Act 2011 (the 1993 Act)) and that an independent examitiation is needed. It is our resw)nsibility to: examine the accounts (under section 43(31(a) of the I9 Act). to follow the pn)cedures laid dovrn in the GeDeT¥I Directions given by the Charity CommiwoneTS (under Section 43(7)(b) of the 19)3 ACE)" and To state whether parcicular mattets have come w our attentio
Our examination was caryied out in accordance with the General Directions giveu by the ChaTiry Commiysioner5. An examination indudes a review of the accounting Tecords kcpt by the chariry and a comparison of the accounts presented wkth those records. Ii also includes CODgideration of any unusual items or disclosures ill the accounts. and seekin8 explanatiODS from you as truttees concerning any suth mauers. The PToceduTes undertaken do not provide all the evidence thai would be required in an audi[ and consequently we do nix expres8 an audit opinion on the view given by the accouDt& In connection with our exa]ninatiOD. no matter has come ¢0 our attenrion: (l) Which gives us Teasonable c4U8e to believe that in any material respect the requiTements to keep accounting records ID accordance with sertion 41 of the 201 l Act; and To prepare accounts whieh accord with the accounting records and comply with the accounting requiremen of the 2011 Aci as amended. Have not been met: or 12) To which. in our opinion. attention should be drawn in ordcr to enable a proper understandAng of the accounts to be rcached. U*dourryx This report is made solely to the chariry's al a body. ID aceordance with Part 4 of the Charities (Accounts and Reports) Regulations 21M. Our eXamItion of the accounts has been undertaken thai we mi8ht ote to the chariry s rrustees rh matters we are required ro s¢ate to them in an examiner s reFrf>rt and for no other purpose. To the fullest exteAI pern]itted by law, we do not accept or ossume resp)Thsibibty to anyone other than the cbarity and its rrustees, as Ix)dy, for the independent ewamination work. or for the opinions we have fomied. Signed this 2022 Fabek Associaies and Co Ltd Certified Chartered Aceount2nts 32 Dewey Road Dage]tham RMIO 8AR io
Prlor Y 2022 2022 2022 Dornti)DS & Le8ai Otkr ¥tiv InvestsiieIll¥ 18.928 41525 63,453 1,390 73.235 105,195 2,374 29,180 Z35 Totsl Income 93.553 44.525 138.078 136,749 39.757 131.800 108,550 92.043 39,757 131,8110 108.550 Nét Inoorne for th• y 1.510 4.768 6371 28.199 I&(KK)) (3.000) Nrf Income •fter trnA•feD A.B-C 1.510 1.510 L768 L768 3278 3278 28,199 28,199 19.858 1.133.684 1.153.542 1.125.343 21.368 L135.452 1,156,820 1.153.542 All activities deriye from conTinuin8 oFrations li
SOFA- Prior Year 2021 2021 2021 lJwme & Endowments fro. IXinatYTh & Legarys charlb activ] 55.ml 29.175 49,15 105.195 29.175 38 Inve8ttneiYs 2.3J6 TO incom• 49.905 136.749 105.131 3.419 Cknbk arnvi OtTrr 20.827 3.419 87J23 20.827 108.550 Nt Income for tke yur (879) 29.078 28,199 (879J 29,078 28.199 {87 9,078 28.199 Totsl fand• bTOU8bt forwTd 111.323 1.014.020 1.125.343 Tof•l fiwd• ¢attied £orwaYa iio. 1.155.542 All activiries derive from continuing opeTrtioIL8 BLACK & MINORrrY rnlNIC COMMUNrrY PARTNERSHIP . Ruowce• applied in the yeaz ended 31 March 2022 tow•rd• faEa ••ets for Ckniry u•e:_ 2022 2021 Fuyjs Bented year as detau in SOFA 3,278 (2,093) 28.199 Otl*r appknEKJn8 of fiJDJs 1,185 28.199 12
MoYemety• ID reveuv for the y¥ efyled 31 ¢ 2022 TorAI Lajt ye Tot•1 Fund• 2021 2022 2022 2022 19.858 29.IY18 Recogri%ed 8airn aTd i 1,510 4.768 6.278 28,199 21,368 33.846 55.214 118,542 IFYom)rro fuThls 115.L (15,(W) lo9,) 21.368 18,786 40.154 48.936 FIKed u•et folld• De•i8nfed Roltrxted Totsl Fu#d• 2022 2022 2022 L••t ye Totsl Funa• 2021 AtlApT Trdmfer Ito)lfrom reve furlb 1,104.É 11060 1.104,6t 12.L 1,035.(KXI 69,&)6 At 31 M•reh 1,116.666 1.116,666 1,104.606 L•st Yea7 Totsl DMl8n•tea fun& 2022 2022 2022 2021 21.368 18.786 1,116.fA+ 10,154 1.116,666 Fiytd asset fu$ 1.104.é1 Totsl eond• 21.368 1.135.452 1.156.820 1,153.542 13
BLACK & MINORSTY rritNlC COMhfUNrrY PARTNERSHIP In¢ow¢ wl Evnai Aecowrt for the yt•r tded 31 M•reh 2022 u requred by the 2022 2021 64.843 107.%9 Investment irtome aNI irnertst .Z31 29,175 Ilrerut yffeivab 138.0 136.749 112.252 14.192 1.271 12,553 1,136 5,952 GovermaT*e ccéts Irrtert8t Py74ble 131,8(NJ 6.278 28,199 Tax on $urplus on onlinary acuvitrs 6,278 28.199 6,278 28,199 14
2022 2021 Fixed l'a1 as$er8 1.18&926 I,201.25 Current ulets 16.01( 47.gP) sh at b3nk in 520 Totsl eUTrent U•4ts 4Q340 63.989 witlthi Ollt ye•r Jo (1&943) 21.494 42,495 I,212.323 1.243.520 Nrt u•rf• (55.5031 189.9781 The totsl ttt of the 1,156.820 l.lJ3,542 Th¢ total •••¢ts of the eknrty 4r• ted by tkn fond• oe the chazity. a• fr*llow•:. ReStrted ReVere Restrmd Fiyd Asstt 12 12 18,786 1,11&666 1.104.6( 1.135.452 1,133,684 12 21.368 19.858 21. 19,858 De•>8Mted 1.156.820 1,153.542 15
2(M)6. aPP]ab ro cowits subiea Lo d* sma]I cow Yegjme. Tn]sree Approved by the i¥d ofuwtett on Friday. 14th 0(ober 2022 16
NOTES TO THE FINANCIAL STATE[[5 FOR THE YEAR ENDED 31 MARCH. 2022 The financial statements have been prepared in accordance with the charities SORP (FRS 102) - Accounting and Reponing by Charities. Sthrement of Recommended Prartice
pplicable to tharities Preiti8 tbeir xcounts in accordance with the Financial
Reporring Standard applicable in the UK and Republic of I12nd IFRS 102} (effective I lanuary 2015). the Financi ReporunB Standard applicable in the UK and Republic of Ireland (FRS 102 and the Clwities Act 2011. The financi ststements have been prewed to give * true and fair view and have departed from the Charities (Accounts and Rep)ns> RegulatiOD$ 2(K)8 only ro the exrent required to provide a mLe and fair view. This deParne has involved following the Charities SORP (FRS 102) Pllblished on 16 lllly 2014 rather than the Accounting and Reporring by Charities Statement of Recollunended Practice effertive from l April 25 which has Since i*en withdrnwn. Blaek and MiDoriry Ethnic Community Partnership meet the definitioa of public benefit entity under FRS 102. Asger8 and liabilities arÈ initialty recognisL)d at historical eost or transaction value unles5 otherwise stated in the leVAnt accounting wlicy. There are no tn3terial uncenainties regardin8 the c]wiry's abiliry to continue. Therefore. the accounts are PTeFored on a 80ins concern 13 All income is reeo8ni8ed once the Charity has enudement ¢0 the income. It is probable that the income will be received the amount of income can be measured reliably. Income tax recoverdble in relation to investment incolne is recogni5 at the the invijtmeni income is receiwdble. Expernqiture is reco8nised once there is a legal or constructive obligation to transfer economic benefit to a third party. It is probable that a transfer of economic Inefits will be required in seulemeni and the amount of the obligation can be me&suTed reliably. Expcnditure is clwified by acrivity. The C( of each activiry are made up of the total direct costs and shared C(ts. inchthng suppon costs involved in undenaking each actity. Direct cl attributable to a siDgle activiry are all(ated directly to that activiry. Sbared costs which contribute to more than one ac(iviry and supwn costs which are not attributable to a sinsie #ctiviry are apportioned tween those activities on a basis 17
consisieni vrith the use of resources. CentTrl staff costs are allwared on the basis of time spenL and depreciation charges allted on the portion of 3sset's use. Expenditure on charitable artiviuu in incurred on directly undertaking the activitic5 which further the Ch3rity'S objectives. as well as any awciated supprt coys. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional. such grants kin8 reco8nised as expendiNre when the conditiong attaching are fulfilled. Grants offered subject to conditions whAch have not been met at the y&ir"end are noted a5 a commitment. bur not accrued expenditUTe. All expenditure is indusive of irTecoverdble VAT. Interest on funds held on de51t is itkduded when receivable and the amount can be measured reliably by the Chariry: thi8 is nornially upon noiification of che incere8t paid or payable by the institUriOD Wlth whom the funds are dep)sited. Tan8ible fixed awts are iDitially recognised at crrt. After recognition under the cost model, tan8ible fixed os8et8 ire measured at CLW le&8 accumulated depreciation and any accumulaied impairmeni losses. All c(K8t8 incurred to bring a tan8iblc fixed 485et into its intended workin8 condition should be included in the me8surement of cost. Depretiauon is char8ed so as to allo¢ate the cost of t4n8ible fixed assets less their residual value over their estimated weful live& Depreeiallon is provided on the followin8 bases: Freehold properry - no¢ depreciated tA)ng terni leasehold property - l(M) year5 Fixtures and Fittings . 5 yVdtS Office Equipmenr - 7 years 1.7 Lki*orJ Trade and other debtors are recogDisd at the serdement amount after any trdde discount offered. Prepayments are valued at the amouni prepaid net of any (rade due. Cash at bank and in hana includes (ysh and short terni highly liquid investments with a short maturiry of three months or less from the date of aCqURSition or opening or similar account. 18
Liabilities are recogntsed when there is an obbgation at the Balance Sheet dare as a result of a pasL eveni. it is probable that a rransfer of economic benefii will be Teqwred in Settlellnt. and the amount of the settlement can be estimated reliably. Liabilities ore recogni8ed It the amount that the Chariry aniicipated it will pay to settle the debt or the amount it has received advanced Wdyments for the g(Y or service5 It must provide. Provisions are measured at the best estimate of the amounts required to settle obligation. Where the effect of the time is material. the provision ts baqed on the present value of those amounts. discounted at the pre-tax aiscouDt r&ie that retlects the risks specific to the liability. The unwinding of the discount 1$ recognised in the S¢atement of Financial Activities &$ a finance c(tsL General bmds att unrestricted funds which are avgilJble for use at the dlscretion of the Trustees in furtherance of the general objective5 of the Chariry and which have not been designated for other puryy)3es. Desi8nated co]Dprise unre5CriCtcd fid8 that ve been sct aside by the Trustees for particular piirww. The aim and use of exch desi8nared fvnd is ser our in the notes to the financial statements. Re8UiCted funds are funds which are to be u8ed in accordance with specifie restriction$ imposed by the donors or which have been raised by tbe Charity for particular purpow. The costs of rai$in8 and administering such funds are charged a8aingt the specific nd. The aim and use of each restricted fund is Sei out in the no¢es to the financial statements. Investment income, gains and14Mses are all(xared to the appropriate fund. IIrn(8uk1ti1 iiestrKtrd Totsi Fwth Ti)tyl FwxJ5 2(Y22 J)22 2021 1&928 44,525 63.453 105.195 19
UnTrstrrtal Restrr1 TO FwMl# TthBI Fu 2022 20 2021 i.J90 2.374 1.390 2.374 2022 2021 7&231 75.231 29,175 73.235 73.235 29,180 Urffts¢ri*d Total TotalFuts 2022 2022 2022 2021 36336 40.5 1.986 43.186 937 io 17.270 1.543 3,419 FrKxJ Eqnk proiett 2T.705 37.876 39.757 66,365 959 650 20
5,973 3,474 7.750 TckPknr. fRx aTrJ St3tK>rry atxl Pr11 HTQ ofequwol 2359 a.Y59 849 1.120 589 1.823 5.734 150 1,710 525 1.120 Heatrh ard salety cc4ts Liabty dTrl cotyetyK SuTrty ewffjes Admuj costs 2,079 121 890 AcLOUrtaT¥Y fees orkr than Cornultswy ftes Bank clw8es 12 5,952 12.553 14.192 14.192 Totsl •apport . CuTr•rt Y 52.896 2.896 41,1)49 CurrenE yw Cwrem y(*r Cttmr¢ yeAr PrK)r Y Rattxted Tool Fllo& TO 2022 2022 271 271 136 1.271 1.136 222 20TI 2022 2021 Total drn S1[ 39.757 Tl.65> 52.896 1.271 66.365 41,049 1,136 'rotal GoVer]tre I,T/i 39.757 131.800 I.550 21
2022 2021 40,536 186 40.536 43.186 rebtyi eni¢y, eithw IR the or pmr ytar. Lon8 Leueholl & Imorovt tts Offlce Fl¥tum Co•¢ At l Apni 2W21 Additx)ro 1.237.727 15.Y24 2.(V)3 1.259.119 At 31 Y4r¢h 2022 1.237.Tri 18.017 5,468 1,261,212 DepTrckntlDn At l Apnl 2021 ctW8e for ye 31,479 12. 15,147 58,(f44 14,192 At 31 2022 49.869 16.949 72.286 Net IK v• At 31 2022 1.187.85B 1,188,926 At 51 Y•r¢h 2021 1.200.248 T17 1,201,025 2021 Trade del*ors A820 16,010 22
2022 2021 Cash in IBTrl at for ttt year 31 March 2022 33,520 47.979 33.520 47,979 io. 2022 2021 2.1 5,786 20.761 247 PAYE. NIC VAT ajxl Ta l6.94J 21.494 li. 2022 2021 55.503 89.978 At 31 M*rch 2022 Tangbl k Fixed Assets Cutr Assets Currern Liablli Long Term Liabkn 72,2EIJ 21,554 (16,9431 155.503) 1,116,666 1,188.926 18.786 40.340 (16,943) (55.503) 21.368 1.135.452 1,156.820 Ai l Apnl 2021 TangQ)le Faxtd Assds CutTerÉ Assets 96.419 34,911 (21.4941 (89,9781 7,104,& 1.201.025 29,078 63.989 (21.494) (89.978) Long Term LBb]ltss 19.858 1.133.684 1.153.542 l& There is no Related PaTry tra]aCtIon to be discl(fje 14 There is uo P05t bylance slleet event to be dixlosed. 23