##
##
||||
|---|---|---|
|Contents:||Pages:|
|Trustees Annual Report|||
|Reference and Administrative
Details||2-3|
|Structure Governance
and Management|||
|Objectives and Activities||5-6|
|Achievements
and Performance||6-7|
|Financial Review||7-9|
|Exemption from Disclosure|||
|Funds held as Custodian
Trustee|||
|Other Information||9-11|
|Statement ofRoles and Responsibilities||12|
|Independent
Auditor's
Report||13-15|
|Statement ofFinancial Activities||16|
|Incorporating
an Income and Expenditure|Account||
|Balance Sheet||17|
|Notes to the Financial Statements||18-25|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|Incoming Resources|||||Funds|Funds||2020/21|
|Grants||||3||104,427|104,427|106,987|
|Donations||||4|934||934|969|
|Job Retention
Scheme||||3|2,262|1,075|3,337|31,359|
|Restart Grant||||3|8,000||8,000||
|Room/Hall
Hire Fees||||5|95,781||95,781|52,030|
|Other Trading Activities:||||6|||||
|Coffee Bar, Catering||and|||||||
|Lunches|||||3,401||3,401|509|
|Donated Goods for|Resale||||1,718||1,718|154|
|Other Fundraising|||||||||
|Interest Income|||||21|18|39|157|
|NLC Course Fees and|||||||||
|Equipment
Hire||||||8,529|8,529|1,158|
|Sundry
Income|||||998||998|527|
|Total Incoming Resources|||||113,126|114,049|227 175|193,850|
|Resources Expended|||||||||
|Salaries|||||65,822|72,407|138,229|134,753|
|Employer
National
Insurance|||||2,218|2,894|5,112|4,492|
|Pension
Contributions|||||3,946|4,005|7,951|7,790|
|Land & Buildings
Maintenance|||&||||||
|Repairs||||12|10,164||5,291|10,912|
|Gas, Electricity &Water|||||10,513||10,513|7,824|
|Insurance|||||5,291||5,291|5,214|
|Coffee Bar &Catering|Supplies||||1,106||1,106|300|
|NLC Equipment
8 Software|||||||||
|Costs||||||3,182|3,182|3,839|
|NLC Tutor Fees &Course Costs||||||19,616|19,616|6,641|
|Staff 8 Volunteers'
Expenses|||||88||88||
|Administrative
&Office||Costs|||7,958|28|||
##
##
|||||||7,986|6,730|
|---|---|---|---|---|---|---|---|
|Outsourcing|||2,675|||2,675|2,648|
|Telephone
& Internet|||2,033||839|2,872|2,812|
|Bank Charges||13|124|||124|97|
|Audit Fee||13|1,500|||1,500|1,500|
|Fundraising|Costs|||||||
|Promotional|Expenses|||||||
|Sundry Expenses||||||||
|Training|||||418|418||
|Bad Debts||||||||
|Business Rates|||1,003|||1,003|1,003|
|Advertising|||||410|419||
|Depreciation|&Amortisation|15|3,258||19,218|22,476|21,917|
|Total Resources Expended|||117,715||123,017|240,732|218,472|
|Net Incoming
Resources Before||||||||
|Transfers|||4,589|-|8,968|13,557|24,622|
|Transfers||14||||||
|Net Movement
in Funds|||4,589|-|8,968|13,557|24,622|
|Total Funds|Brought Forward 1st|||||||
|April 2011|||131,809||821,638|953,447||
|Total Funds|Carried Forward 31st|||||||
|March 2022|||127,220||812,670|939,890||
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||As at|
|---|---|---|---|---|---|---|---|---|
|Financial||Measurement||of Initial|Measurement||ofcarrying|31/3/22|
|Instrument||Reco nition||||amount||Refer to|
||||||Cash||||
|Cash|Cash held||||held|||Balance|
|||||||||Sheet|
||||||Unpaid|Invoiced|amounts||
|Debtors|Invoiced Amounts||||less|||Note 17|
||||||an
doubfful debts.||||
||Refer to "Liability||||||||
|Creditors|Recognition"||||Unpaid|amounts||Note 18|
||on|revious|a e.||||||
|Bank|Cash amount||ofdeposits||Cash amount of||deposits|Balance|
|Deposits||||||||Sheet|
##
##
|residual
value|of|each asse|t over i|ts expected
life as follo|ws:-|||
|---|---|---|---|---|---|---|---|
||||||Rate of|||
|||||Over|Depreciation|||
|Buildings||||Period oflease||||
|Car Park surface/drainage||||20 years|5%|||
|Furniture, Fittings||& Equipment||5or 10years|20% or' 10%|||
|Grants Received||||||||
|Grants have been||received|or accrued from the following||organisations||or|
|individuals:-||||2021/22|2020/21|||
|Crescent Resource Centre||||||||
|||||||Performance||
|Earley Charity|Worker Grant|||36077|37080|Related||
|Earley Charity|Building Grant|||27684||||
|Local Restrictions||Support|||8907|||
|Nei hbourhood|Learnin||entre|||||
|||||||Performance||
|~Ele sh
tt||||40666|61000|Related||
|Total||||104427|106987|||
##
##
##
##
##
##
##
##
##
##
|12|Land and Buildings
Ma|Land and Buildings
Ma|Land and Buildings
Ma|intenance
an|d Repairs|||||
|---|---|---|---|---|---|---|---|---|---|
||Charges for Maintenance|||and||||||
||Repairs:||||2021/22||||2020/21|
||Actual Expenditure|||||4014|||4762|
||Transfer to Provision (See Note|||||||||
||19)|||||6150|||6150|
||Total Charge|||||10164|||10912|
||Audit and Other||Financial Service|||||||
|13|Fees|||||||||
||||||2021/22||||2020/21|
||Non-Statutory|Audit Fee||||1500|||1500|
||Bank Charges|||||124|||97|
|||||||1624|||1597|
|14|Transfers|||||||||
||The following|transfers were||||||||
||made.||||2021/2022|||2020/21||
||||||Unrest'd|Restricted||Unrest'd|Restricted|
|15|Funds as agreed||by Earley Charity||0|0||9800|-9800|
|||||||0|0|9800|-9800|
##
##
|||2021/22|2021/22|||2020/21|2020/21|||
|---|---|---|---|---|---|---|---|---|---|
||Tangible Fixed|||||||||
||Assets|||||||||
|||Buildings|Fixtures||Total|Buildings|Fixtures||Total|
||||Fittings|&|||Fittings|&||
||||Equipment||||Equipment|||
||AT COST|6|6||f|E|||f|
||As at 1st April 2021|1000189|116912||1117101|1000189|120891||1121080|
||Additions
during|||||||||
||year|27684||155|27839|||0|0|
||Disposals
during|||||||||
||year|0|-2045||-2045||-3979||-3979|
||As at 31st March|||||||||
||2022|1027873|115022|1142895||1000189|116912||1117101|
||DEPRECIATION/AMORTISATION|||||||||
||As at 1st April 2021|310325|102624||412949|291978|103034||395012|
||Charge for the|||||||||
||Year||3419||22476|18347|3569||21916|
||Arising on|||||||||
||Disposals
during|||||||||
||year|0|-2045||-2045||-3979||-3979|
||As at 31st March|||||||||
||2022|329382|103998||433380|310325|102624||412949|
||NET BOOK|||||||||
||VALUE|||||||||
||As at 1stApril 2021|689864|14288||704152|708211|17857||726068|
||As at 31st March|||||||||
||2022||11024||709515|689864|14288||704152|
|16|Debtors||31/03/2022|||31/03/2021||||
||All debtors fall due within one year.|||||||||
||Trade Debtors||10186|||5508||||
||Prepaid Expenses||9443|||8532||||
||Accrued Income|||0||5084||||
||Total Debtors||19629|||19124||||
|17|Creditors|||||||||
||All creditors
fall due within one|||||||||
||year.|31/03/2022|||31/03/2021|||||
||Taxation, Social Security &|||||||||
||Student
Loan||0|||0||||
||Trade Creditors||2552|||954||||
||Grants
in Advance||9507|||8856||||
||Course Fees in|||||||||
||Advance||680|||484||||
||Accrued Expenses||4404|||3623||||
||Total Creditors||17143|||13917||||
##
##
##
|Provision for Liabilities|Provision for Liabilities|||||
|---|---|---|---|---|---|
|Building's
Maintenance||and|Repair|2021/22|2020/21|
|Balance|brought
forward|April|1 2021|23236|19069|
|Transfer|in during year|||6150|6150|
|||||29386|25219|
|Expenditure
during year||||-3534|-1983|
|Balance|as at March 31|||||
|2022||||25852|23236|
##
|20|Funds|||||
|---|---|---|---|---|---|
||Net Fund Balances||as at:|31/03/2022|31/03/2021|
||Unrestricted|||||
||General|||103985|108575|
||Projects|||23235|23235|
||Total Unrestricted||Funds|127220|131810|
||Restricted|||||
||Buildings|||698491|689864|
||Neighbourhood|Learning||||
||Centre|||112948|129686|
||Centre|||1113|1863|
||Fixtures Fittings|&||||
||Equipment|||118|225|
||Total Restricted|Funds||812670|821638|
||Total Funds|||939890|953448|
##
##
##
##
##
##
##
##
##
||ANA|LYSIS O|F MOVEMEN|T
IN FUNDS||||
|---|---|---|---|---|---|---|---|
||Unrestricted|Funds||Restricted|Funds||Total|
||General|Projects|Buildings|NLC|Centre|FF&E||
|Brought||||||||
|Forward|108574|23235|689864|129686|1863|225|953447|
|April
1 2021||||||||
|Incoming|113126|0|27684|50288|36077|0|227175|
|Resources||||||||
|Resources|117715|0|19057|67026|36827|107|240732|
|Expended||||||||
|Carried||||||||
|Forward|103985|23235|698491|112948|1113|118|939890|
|March 31||||||||
|2022||||||||
##
||Unrestricted|Unrestricted||||||
|---|---|---|---|---|---|---|---|
||Funds|||Restricted|Funds||Total|
||General|Projects|Buildings|NLC|Centre|FF&E||
|Fixed Assets|10595|0|698491|328|0|101|709515|
|Debtors|17818|||1811|0|0|19629|
|Cash and||||||||
|Bank|116540|23235|0|112836|1113|17|253741|
|Creditors|-15116|0|0|-2027|0||-17143|
|---|---|---|---|---|---|---|---|
|Provision|-25852|0|0|0|0||-25852|
||103985|23235|698491|112948|1113|118|939890|
##
##
##
##