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##
|||||Page|
|---|---|---|---|---|
|Report ofthe|Trustees|||I to 7|
|Report ofthe|Indepcndcnt
Auditors|||8 to I I|
|Consolidated|Stntentent|ol'Financial|Activities|12|
|Italancc Sheets||||13|
|Cash Flotv Statement||||14|
|Notes lo the|Cash Flotv Statement||||
|Notes to the|Firmncial|Slntements||IG to 28|
##
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|KPI Data for Period|||
|---|---|---|
||3103 21|31.03.20|
|Total number ofemployees|34g|34g|
|Total number ofvolunteers||5|
|Number ofcustomers
supported|160|140|
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|||CO|SOLIDATED STATKIIIE TOF FI|SOLIDATED STATKIIIE TOF FI|SOLIDATED STATKIIIE TOF FI|SOLIDATED STATKIIIE TOF FI|8 CIAL|C|'ITIES|'ITIES|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||FOR THE YEAR E DKD31 T||||IARCH 2021||||||
|||INCORPORATING||THK I|COME|D EXPENDITURE|||ACCOUN||||
|||||||||||2021||2020|
||||Unrestricted||Restricted||Endoimnent||Total|funds|Total|funds|
|||||fund||funds|luixIv||||||
|||Notes||f.||f.||E|||||
|INCOIIIE AND|||||||||||||
|KNDOIVGIKNTS|IROM||||||||||||
|Donations
and legacies|||||558,040|||||558,040||91,019|
|Charitable
activities|||||||||||||
|Care and Support|in Ihe||||||||||||
|Community
Other trading
activities|||7,552,395
3
~629||~6||||7,552,395
~61||6,725,010
~28||
|Total|||8,155,68G||558,600||||8,714,286||7,G06,957||
|EXPENDITURE|ON||||||||||||
|Charitable
activities|||||||||||||
|Care and Support|in ilia||||||||||||
|Comnuinity|||7,214,445||280,472||||7,494,917||G,759,611||
|Other|||||||||||||
|Commerciol
Irading operations||||553 164|~24 642|||||827 806||773 198|
|Total|||7,767,609||555,114||||8,322,723||7,532,809||
|NET INCOigIE/|||||||||||||
|(EXPENDITURE)||||388,077||3,486||||391,563||74,148|
|Transfer bchvccn|funds|||15486||3 486|12000||||||
|Net niovcment
in|funds|||403,563|||(12,000)|||391,563||74,148|
|RECONCILIATION||Oli|||||||||||
|FUNDS|||||||||||||
|Total funds brought||foruard|||||~00|||~16||~62|
|TOTAL IiUNDS|CARRIFD||||||||||||
|FORIVARD|||||||||||||
##
|Consolidated/Charity
Balan
rts or 31st A(orch 2021|ce Sheets||||||
|---|---|---|---|---|---|---|
||||Consolidated||Clrarity||
||||2021|2020|2021|2020|
|||Notes|Group|Group
f|Charily|Chariiyf|
|lrlXED ASSETS|||||||
|Intangible
asseis||12|2,574|3,354|2,574|3,354|
|Tmrgible
assets||13|1,047,579|1,056,666|1,013,253|1,010,424|
|Investments|||||I|I|
||||1,050,153|1,060,020|1,015,828|1,013,779|
|CURRENT ASSETS|||||||
|Stock|||11,380|2,546|5,388||
|Debtors||15|695,177|511,320|626,462|472,944|
|Cash at bank|||654,431|40,348|586,331|8,401|
||||1,360,988|554,214|1,218,181|481,345|
|CREDITORS|||||||
|Amounts
fallitrg due tvtthin one year||16|(993,915)|(548,475)|(903,288)|(506,833)|
|NET CURRENT ASSETS|||367,073|5,739|314,893|(25,488)|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||1,417,226|1,065,759|1,330,721|988,291|
|CREDITORS|||||||
|Amounts
falling due ager more tlmn one year||17|(309,136)|(349,232)|(302,724)|(334,857)|
|NETASSETS|||||||
|FUNDS|||||||
|Unrestricted
fundc:|||||||
|General
funds||21|367,073|704,527|314,893|641,434|
|Designated
funds|||741,017||713,104||
|Restricted
funds|||||||
|Endouvnent
Funds —donated|properly|||12,000||12,000|
|NET ASSETS|||||||
##
||||The notes forni part ofihese Financinl
Statements|The notes forni part ofihese Financinl
Statements|The notes forni part ofihese Financinl
Statements|The notes forni part ofihese Financinl
Statements|The notes forni part ofihese Financinl
Statements|||
|---|---|---|---|---|---|---|---|---|---|
||||CONSOLIDATED CASHFI.OW STATEMENT|||||||
||||I OR THE|||YEAR E|DED31STiglARCH 20|||
|||||||||2021|2020|
||||||||Notes|E|f.|
|Cash lloivs from|operating|activities:||||||||
|Cash genernted
from operntions
Interest paid||||||||746,083
~5,115)|225,707
~8000)|
|Nct cash provided|by (used|in)|operating||activities|||740,968|217,707|
|Cash fluws front|investing|activities:||||||||
|purchase oftangible
lixed assets||||||||(58,988)|(184,072)|
|Snle oftnng ible fixed assets||||||||774||
|Interest received||||||||||
|Net cosh provided|by (used|in)|investing||activities|||(58,214)|(184,072)|
|Cash llows from|finnncing|activities:||||||||
|New loans /(loan
repayments)
in year
Hire purchase
creditor incrcasc/(decrease)||||||||(30,760)
~5857)|(42,806)
359|
|Net sash provided|by (used|in)|finaucing||activities|||(36,617)|(42,447)|
|Change
in cash and cash cquivalcnts||||in|the|reporting||||
|period||||||||646,137|(8,812)|
|Cash and cnsh equivalents||at thc beginning||||ofthe||||
|reporting
period||||||||8,294|17 106|
|Cash and cash equivalents||at thc cnd||of|the|reportiug||||
|period|||||||2|||
##
##
|IJROM OPERATIN|G ACTIVITIES||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||||||f|
|Net inconie/(expenditure)
for thc reporting|||period (as||per thc statement|of|||
|financial
activities)|||||||391,563|74,148|
|Adjustntents
for:|||||||||
|Depreciation
charges|||||||67,958|67,190|
|Interest received|||||||||
|Interest paid|||||||5,115|8,000|
|Del'erred tax|||||||(2,240)|8,652|
|(Surplus)/Deficit
on|disposal offixed assets||||||(657)|11,351|
|Amortisation|||||||780|780|
|Decrense/(incrense)|in stocks||||||(8,834)|1,797|
|Decrease/(increase)|in debtors||||||(183,857)|94,531|
|(Decrease)/increase|in creditors||||||~476 255|~40742)|
|Nct cash provided|by (used in) operating|activities|||||~746 083|~225 707|
|ANALYSIS OF CASH AND CASH EOIJIVALENTS|||||||||
||||||||2021|2020|
|Cash at bnnk and in|bmid||||||654,431|40,348|
|Overdratls
included|in bmdi lonns and overdrads|||falling|due ivithin one year|||~32054)|
|Total cash and cash equivalents|||||||~654 431|~8294|
##
##
##
##
##
##
##
##
|Deprcciaiion
is calc
life ofIhni asset as|ulnted
so as Io &vri
follows:|lc offthe cost of m&|lc offthe cost of m&|nssei, less its|
|---|---|---|---|---|
|Freehold/leasehold|Property|not depreciated||(see belo&v)|
|OAice Equipment||25%|- 33%reducing
bnlance||
|House Contents||25%|reducing|balance|
|Motor Vehicles||25%|reducing|balance|
|Leasel&old Property|Improven&enis|Over|Il&e tenn|ofthe lease|
##
##
##
##
##
|Note|s (Continued,
,, ,,d|s (Continued,
,, ,,d|s (Continued,
,, ,,d||||||
|---|---|---|---|---|---|---|---|---|
|2,|DONATIONS
AND LEGACIES||||||||
||||||||2021|2020|
||Grants and|sponsorship|||||557,701|90,873|
||General donalions||||||339|146|
|3.|OTHER TRADING ACTIVITIES||||||||
||||||||2021|2020|
||Fundraising|events|||||560|1,016|
||Comntercial|trading operations|||||603,291|789,912|
|4.|INCOigIE|FROM CHARTIABLE||ACTIVITIES|||||
||||||||2021f|2020f|
||Care and support||in Ihe Cotnmunity||||7,547,936|6,714,868|
||Cnre and support||in Ihc Cotnmunity|—other|||4 459|10 142|
|5.|CHARITABLE||ACTIVITIES COSTS||||||
|||||||Grant|||
||||||Direct|fumling|Support||
||||||Costs|ofactivities|costs|Totals|
|||||||(Secnote 6)|(Sce trots 7)f||
||Care and Support||in Ihe Contmuniiy||7,482,847||12,070|7,494,917|
|6.|GRANTS|PAYABLE|||||||
||||||||2021f|2020|
||||||||The Oaklea Trust|
|---|---|---|---|---|---|---|---|
||||||Tnistees Repori and Consolidated|I'innncial
Statements||
||||||||31st March 2021|
|Notes|(Con//imed|... ...)||||||
|7,|SUPPORT COSTS|||||||
||||||Governance||Governance|
||||||Costs||Costs|
||||||2021||2020|
||Care and|Support
in the Community||||||
||Support costs, included||in the nbove, are as follows;|||||
||||||2021||2020|
||||||Care and||Care and|
||||||Support
in||Supportin|
||||||tire||the|
||||||Conununily
f.||Conununityf|
||Tnistees'|expenses|||70||3,556|
||Auditors'|fees|||~I||~II
00|
|g.|NET INCOME/(EXPENDITURE)|||FOR THE YEAR||||
||Nel Incoming
resources are shotvn|||ader charging:||||
||||||2021f||2020|
||Depreciation —owned
ns sets
(Surplus)/IJcftcit
on disposal offixed assets||||67,958
(657)||67,190
11,351|
||Auditors'|remuneration|||12,000||11,700|
||Goodwill|amorlisation||||||
||TRUSTEES RESHJNERATION|||AND BENEFITS —CHARITY AND GROUP||||
||Titere was no tnislees'||remuneration|or other benetits for the yenr ended 31 Murch 2021 nor for the||year ended||
||31 Mnrch|2020.||||||
||Trustccs'|expenses|||2021f||2020
g|
||Tnislees'|expenses||||||
||Expenses|relnte to
I Trustee (2020J||5)||||
||||||
|31st Marc|
|---|---|---|---|---|---|---|
|Notes|(Con(lntred„**,**.)||||||
|10.|STAFF COSTS AND EMOLUrbIENTS||||||
||||||2021
8|2020f|
||Wages
an&i salaries||||6,567,553|5,817,853|
||Social Security costs||||491,257|426,028|
||Pension costs||||128,823|116,058|
||Particulars ofentirloyees||||||
||The average
number ofentployees|(based on headcount)|during|the year, calculated|was as follows:||
|||2021|2020|
|---|---|---|---|
||||8|
|Monagentcnt|staff|53|50|
|Admin staff||18|53|
|Core and support staff||M32|294|
|Notes|(Con/imred
......)||||||
|---|---|---|---|---|---|---|
|11.|COitIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Endovmnent|Total|
||||fund|funds|fund|funds|
||||f.|f|f|f.|
||INCObIE AND ENDO3YbIENTS FRO81||||||
||Donutions
nnd legncies|||91,019||91,090|
||Charitable
activities||||||
||Care nnd Support
in the|Conumutity|6,725,010|||6,725,010|
||Other trading
activities||789,912|1,016||790,928|
||Total||7,514,922|92,035||7,606,957|
||EXPENDITURE ON||||||
||Clwritable
activities||||||
||Care and Support
in thc Community||6,758,246|1,365||6,759,611|
||Other||||||
||Colnltlercial
trnding
operntions||705,667|67,531||773,198|
||Total||7,463,913|68,896||7,532,809|
||NET INCOSIE/(EXPENDITURE)||51,009|23,139||74,148|
||Tronsfer betvvcen
funds||43,139|(23,139)|(20,000)||
||Net movement
in funds||94,148||(20,000)|74,148|
||RECONCILIATION|Olr I UNDS|||||
||Total fuads brought
forvvard||610,379||32,000|642,379|
||TOTAL lil/NDS CARRIED FOR3YARD||704,527||12,000|716,527|
||Trust|ees Report and Consolidated
Financial
State
31stMarch|
|---|---|---|
|Notes|(Con//noel/
......)||
|12.|INTANGIBLE FLs(ED ASSETS||
||Consolidated
/ Charily|GoodlriB|
||COST||
||At
I April 2020 and 31 March 2021|7,800|
||AhIORTISATION||
||At I April 2020|4,446|
||Charge for year||
||At 31 Morcb 2021||
||NET BOOK VALUE||
||At 31 March 2021||
||At 31 Mnrch 2020||
##
##
|ConsoBdatcd|||||||
|---|---|---|---|---|---|---|
||Irrccbold/|Inlpl'ovc|||||
||Leasehold|niente to|Office|House|Motor||
||Property|Property|Equipntent|Contents|Vcblclcsf|Totalf|
|Cost|||||||
|Brought forward|1,071,405|20,546|283,830|148,549|84,267|1,608,597|
|Adtllt lone|||52,517|6,471||58,988|
|Oisposals|||(864)|||(864)|
|Carried fonvard|1,071,405|20,546|335,483|155,020|84,267|1,666,721|
|Depreciation|||||||
|Brought forward|195,234|2,055|201,281|110,902|42,459|551,931|
|Cbnrge
I'or Ihe Year|1,529|2,054|42,892|11,030|10,453|67,958|
|Elilninnted
on disposal|||(747)|||(747)|
|Carried
forward|196,763|4,109|243,426|121,932|52,912|619,142|
|Net book value|||||||
|At 31 March 2021|874,642|16,437|92,057|33,088|31,355|1,047,579|
|At 31 Morch 2020|||||||
##
|ChavlIl'|||||||
|---|---|---|---|---|---|---|
||Frcchold/|Inqirovc-|||||
||Lcaschoid|nicnts to|OIBCC|Ilousc|Motor||
||Propel'1)'f|property|equiparant|conteuts|Ycbicles|Totalf|
|Cost|||||||
|Broughtloruard|1,063,764|20,546|270,257|148,549|11,502|1,514,618|
|Additions|||51,423|6,471||57,894|
|Disposals|||(1164)|||(864)|
|Carried fonvard|1,063,764|20,546|320,816|155,020|11,502|1,571,648|
|Dcprcciation|||||||
|Brought fonvard|191,286|2,055|192,088|110,902|7,863|504,194|
|C1targe for the Year||2,054|40,954|11,030|910|54,948|
|Eliminated
on disposal|||(747)|||(747)|
|Carried
fomvard|191,286|4,109|232,295|121,932|8,773|558,395|
|Nct book vlllllc|||||||
|At 31 March 2021|||||||
|At 31 March 2020|||||||
##
##
|FIXLiD AS|SETINVESTihIENTS (SIIARE CAPITAL|OWNED fl)||
|---|---|---|---|
|||2021
f|2020f|
|Rigbt2Work|Limited:|||
|Profit/(loss)|for the year|17,000|17,000|
|Net asseis/(liabilities)||80,093|63,093|
##
##
##
##
|DEBTORS||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Consolidated||||Charity|
||||||2021|2020||2021f|2020|
|rtrnorrnrs falling|drre rr trfrln one year:|||||||||
|Trade debtors|||||405,608|222,159||36E,927|206,641|
|Amounts
owed|by group|un&ler takings|||||||7,359|
|Otlrer debtors|||||229,207|235,256||22E,311|229,907|
|Prepayments
and accrued||income|||60,362|53,905||29,224|19,037|
|drrlolalrs follhlg|doe after|more rlron|orre year|||||||
|Amounts
otved|by group|undertakings||||||||
|Aggregate
Amounts||||||||||
|CREDITORS:|AMOUNTS FALLING DUE 5YITIIIN ONE YEAR|||||||||
||||||Consolidated||||Charity|
||||||2021|2020f||2021
8|2020
f|
|Bnnk lomrs and|overdrags|(see note|I8)||31,729|62,410||31,729|62,410|
|Trade creditors|||||66,389|82,042||59,330|78,708|
|Other creditors|||||50,221|44,411||50,221|44,411|
|Social Security|mrd other|laxes|||129,890|108,711||112,287|96,525|
|Accruals and deferred
income|||||709,890|244,971||636,849|224,779|
|Hire purchase
(sec note 19)|||||5,796|5,930||||
|Amounts
otved|to group undertakings|||||||12,872||
|Bank loans are repayable||in quarterly|instalments|ned interest|is currently|clmrged
benveen 3.3'/o-3.|||65k|
|Bnnk loons and|overdrafls|are secured by first legal charges over Freehold||||and Lcaschold||properties|at Garth Bro|
|Lotvtber Park, Rend ah Yealand Drive, Ulverston;||||Edenside, Appleby;
and||adebenture|overall
other||property and|
|CREDITORS:|AMOUNTS FALLING DUE AFTER MORE THAN|||||ONK YEAR||||
||||||Consolidated||||Cltarilv|
||||||2021|2020||2021|2020|
||||||8|||8|8|
|Bonk loans (see note 18)|||||99,000|131,133||99,000|131,133|
|Accruols and deferred
inconte|||||203,724|203,724||203,724|203,724|
|Hire purchase
(see note 19)
Deferred tax|||||~612|5,723
~86 2||||
##
|An analysis oft|he maturity|ofloans is given bel|oiv:||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Consolidated|||Charity||
|||||2021|||2020|2021||2020|
||||||f||f||||
|Amounts
1'ailing due within||one year on deniand:|||||||||
|Bank overdraA||||||32,054||||32,054|
|Bank loans||||31729||30356||31729||30356|
|Amounts
falling due benveen||one ond two years:|||||||||
|Bank loans —1 —2 years|||||||||||
|Amounts
falling due benveen||one and tivo years:|||||||||
|Bank loans —2 —5 years|||||||||||
|LEASING AGREL/ihlENTS|||||||||||
|Minimum
lease|payments|under non-cancellable|operating|leases foll due as folloivs:|||||||
|||||||||Ilire purchase|contracts||
|||||||||2021||2020|
|||||||||f|||
|Net obiigations|repayable;||||||||||
|Within one year||||||||5,796||5,930|
|Bctiveen one and five years||||||||||5,723|
|||||Land and buildings||||Other operating||leases|
|||||2021
f|||2020
f|2021||2020f|
|Expiring:|||||||||||
|Within one year||||94,430||70,194||||20,567|
|Between one and five years||||~143|6|~16|52|16262||33603|
##
##
##
##
|Consolidated|Consolidated||||||
|---|---|---|---|---|---|---|
||||||Transfers||
|||Balance at|Inconiing|Oillgollig|bchvccn|Balance of|
|||01.04.2020|Rcsourccs|Rcsourccs|Rmources|funds|
|31.03.2021|||||||
|Unrestricted|I'unds||||||
|General
fund||704,527|8,155,686|(7,767,609)|(725,531)|367,073|
|Designated|Fund||||741,017|741,017|
|Rcstrlctcd Funds*|||||||
|Restricted|||558,600|(555,114)|(3,486)||
|Endoivnicnt|I'unde||||||
|Elldotviiicii'I||12,000|||(12,000)||
|Torsifiiuds||716,527|8,714,286|(8,322,723)||1,108,090|
|Charity|||||||
||||||Transfers||
|||Balance st|Inconilng|Outgoing|behveen|Balance at|
|||01.04.2020|Resources|Resources|funds|31.03.2021f|
|Unrestricted|Irunds||||||
|General
lund||641,434|7,840,857|(7,469,780)|(697,618)|314,893|
|Designated|I'und||||713,104|713,104|
|Restricted|Irunds*||||||
|Restricted|||283,958|(280,472)|(3,486)||
|Endowment|Funds||||||
|Endotvntent||12,000|||(12,000)||
|Tern(fimds||653,434|8,124,815|(7,750,252)||1,027,997|
##
##
|||CoasoBdated|CoasoBdated|||Charity||
|---|---|---|---|---|---|---|---|
|||Unrcstrictcd|Designated|Restricted|Unrcstrlctcd|Designated|Restricted|
|||trund|Fund|Irund
8|Fend
f|Fund|I'undf|
|Fixed Assets|||1,050,153|||1,015,828||
|Current|Assets|1,360,988|||1,218,181|||
|Current|Liabilities|(993,915)|||(903,288)|||
|Creditors|due over one year||(309,136)|||(302,724)||
|||367,073|741,017||314,893|713,104||
##
##
##
##
##