``` REGISTERED COMPANY NUMBER: 04396846 (England and Wales) REGISTERED CHARITY NUMBER: 1093388 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 ``` ## **`FOR`** ## **`ROMNEY MARSH COMMUNITY HUB`** ``` PREVIOUSLY KNOWN AS ROMNEY MARSH DAY CENTRE (AGE CONCERN) LIMITED ``` ``` Gibbons Mannington & Phipps LLP Chartered Accountants ``` ``` 82 High Street Tenterden Kent TN30 6JG ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021`** ||**`Page`**|**`Page`**|**`Page`**| |---|---|---|---| |**`Chairs Report`**||`1`|| |**`Report of the Trustees`**|`2`|`to`|`8`| |**`Independent Examiner's Report`**||`9`|| |**`Statement of Financial Activities`**||`10`|| |**`Balance Sheet`**||`11`|| |**`Cash Flow Statement`**||`12`|| |**`Notes to the Cash Flow Statement`**||`13`|| |**`Notes to the Financial Statements`**|`14`|`to`|`22`| ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`CHAIRS REPORT`** ## **`FOR THE YEAR ENDED 31ST MARCH 2021`** ``` Itisfairtosaythat2020/21hasbeenanunprecedentedyearinRomneyMarshCommunity Hub's history.TheCharityenteredthefinancialyearamatterofweeksafternationallockdown was implementedduetoCovid-19.InthemiddleofMarch2020,RomneyMarshDayCentre(aswe were calledatthetime)calledameetingofover25differentorganisationstogether,toworkout a co-ordinated emergency response approach across the Romney Marsh. ``` ``` Ourbuildingwasadoptedasthecentralpointforthelocalresponsetothepandemicandasevenday a weektelephonecallcentrewasopenedveryquickly.Over300volunteerswererecruitedinashort space oftimetoassistwithanumberofrolesincludingthecallcentre,hotmealdelivery,shopping and pharmacydeliveries,vaccinationcentrevolunteering,administrationsupportandcateringhelp,to name butafew.Aleafletwascirculatedacross10,000homes,withthecallcentrenumberononesideand the how to volunteer on the other. ``` ``` WhiletheLockdownwasrelaxedforanumberofmonthsduringthesummer,theservicecontinued well into2021.TheCharityhadtoadaptandoffermoreservicestopeople'sdoorsteps.Anumberof schemes weresetuptokeepintouchwithmanyofourfrailandisolatedolderpopulation.Theseincluded themed daysincludingVEDaywherestaffandvolunteersdressedupanddeliveredparcelstopeople's doors, keeping people's spirits up. ``` ``` Wehavebeenoverwhelmedbythecommitmentandkindnessofourstaffandvolunteersthroughout this yearandourcollaborative,fastrespondingmodelhashighlightedwhytheMarshcommunity remains strongdespiteourruralspreadacross16townsandvillages,includingahigher-than-average older populationandpocketsofsocio-economicdeprivation.Thiscollaborativesupportworkingin partnership with many organisations will live long in the local memory. ``` ``` KentCountyCouncilandFolkestoneandHytheDistrictCouncilwerehugelysupportiveand provided emergencyfundingtosupporttheresponsivecommunityservices,forthemostvulnerableinthe local communitytoreceivehelpandsupport.TheCharitywasfortunatetoreceiveadditionaloneoff donations overthisperiodfromanumberoflocalandnationalsourcestowardsouremergencyresponse.We also learntthatthebidforservicesintheKentCountyCounciltenderforanewcontractintheSouth Kent and Thanet region, had been successful, in partnership with Social Enterprise Kent (SEK). ``` ``` Ourachievementsarebackedbymanyindividuals,heartwarmingstoriesandexpressionsof gratitude from across the year to all of those involved in our successes and despite our shared losses. ``` ## **`Karen Leader - Chair of Trustees`** ``` Page 1 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended31stMarch2021.The trustees haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Policies and objectives`** ``` TheCharity'sobjectsaretopromotethecareofolderpeopleinanymatterwhichisnoworinthe future deemed by law to be charitable within the Shepway District Council area of Romney Marsh. ``` ## **`Volunteers`** ``` In2020/21ourteamofvolunteersgrewfrom30inthepreviousyearto315,manyofthesewere local peoplewhocameforwardtosupporttheCovidresponse.VolunteersassistedwiththeSupport Hub helpingtosetupasevendayaweekcallcentre;deliveringhotmeals;assistingwithshopping and prescriptions.TheTrusteeswouldliketothankallourvolunteersfortheirloyaltytothepeople who neededhelpduringthepandemic.Whilstsomeofthevolunteersthatcameforwardintheheightof the pandemichavereturnedtowork,wehavemanagedtoretainatleasthalfofourvolunteersandplan to utilise their support to deliver our services in the next financial year. ``` ## **`Main activities undertaken to further the Charity's purposes for the public benefit`** ``` Allourcharitableactivitiesfocusontheneedsofolderpeopleandareundertakentofurther our charitablepurposesforthepublicbenefit.AtRomneyMarshCommunityHubwehavetwogroups of serviceusers;thosethatareover50andactiveolderpeopleandthosethatareintheirlate70s and abovewhoarelessactiveandneedmoretraditionalsupport.Manyofthewardsthatourservice users liveinareinthebottomthirdofthemostdisadvantagedcommunitiesintheUK,withaccessto services featuring as a particular hardship in these areas. Outlined below are services provided. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Key performance indicators`** ``` AtTrusteemeetingstheCharity'suptodatefinancialactivityagainstbudget,cashflowand bank balancesarepresentedbytheTreasurerandFinanceOfficer.TheChiefOfficerprovidesawritten report ateveryTrusteemeeting,outliningtheCharity'scurrentactivitiesandanyfuturethreats or opportunities.KeyseniormembersofstaffalsoprovideTrusteeswithwrittenreportsontheservices they manage.FundingfromstatutorybodiescomeswithKeyPerformanceIndicators.Reportstothose bodies areprovidedasrequiredbytheagreements.Anycontinuationfundingforserviceswhichare provided usingtheCharity'sfreereservesaremadeattheannualBudgetmeeting.TheChiefOfficeralongside the FinanceOfficermonitorstheincomeandexpenditureforeachdepartmentattheendofevery calendar month.Ifadepartmentisnotperformingaspredictedinthebudget,anyincrease/decreasein activity that may require further discussion is reported at the next Trustee meeting. ``` ## **`Review of activities`** ``` Thecommunityhubbuildingisthecoreofourorganisation,butwealsorunarangeofactivities and outreach services in the community. Services provided include: ``` - `A day service at the hub for older people where they can access a range of activities and special interest` - `groups, as well as a hot meal at lunch time` - `Information and advice` - `Community meals` - `Transport service, helping older people to access our daytime activities` - `Home support with domestic cleaning and shopping` - `Hairdressing` ``` Page 2 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`Delivering activities to respond to the pandemic`** ``` BythebeginningofthisfinancialyeartheCOVIDpandemichadinflictedalockdownuponusand we beganadoptingservicestomeettheneedsofourlocalcommunityasanemergencyresponse support Hub.OurCentreisoneofthelargestcommunitybuildingsintheRomneyMarshareaandsincewe were unabletoopentoourusualserviceusers,wewerekeentoensureourresourceswereusedto support thecommunity.Theemergencyhubwastrulyateameffortwithelementsofeverydepartment working togethertobringallofourknowledgeandexpertisetotheforefrontofsupportingnotonlyolder people of the Marsh, but all age groups and backgrounds. To say this was unprecedented is an understatement! ``` ``` WesetupaCallCentre,sevendaysaweekwithvolunteersfromourlocalcommunity, utilizing previouslyunoccupiedcablinginthevacantupstairsofficespace.Thisinvolvedadoptingan internet basedcentralphonenumberfor5lines,inadditiontoourusualbusinessnumber.We collated informationfromlocalandnationalsourcessowewereaspreparedaspossibletodealwithany enquiries that came through. In April alone, the Hub Call Centre dealt with over 1800 enquiries. ``` ``` Wecreatedandmaintainedcontactlogsforeveryenquiryandwiththiscoreinput,weinducted new volunteersquicklytoensuretheservicewassustainable,astheimpactofthepandemicbecame more apparent. ``` ``` Wehaveestablishedgreatworkingpartnerships,thanksinnoshortparttootherdepartments working with us flexibly and adaptively, with members of other local charities, local businesses and NHS teams. ``` ``` Wedealtwithenquiriesintogovernmentguidelines,shoppingandmealdeliveries.The stay-at-home messagemeanthundredsofpeoplewhowerevulnerableduetotheirage,healthand/orother complex issuesneededtorethinktheirdailyroutinesabruptly.Wecontactedandestablishedasafeway for volunteerstoassistinpharmacydeliveriesacrossourarea.Thedetailswerecordedenablednearly 400 deliveriesinApril.Overthecourseoftheyear,thismorethandoubleddespiteallofthelocal pharmacies also increasing their capacity to deliver too. ``` ``` Hi-KentcontinuedtoprovidebatteriestousastheleadingcharityinKentforthosedeafand partially deaf.TheirusualvolunteerswereunabletoattendtheCentresoourteamsuccessfullyprovided 513 batterypackstopeoplethroughouttheyear.Theyalsoprovideduswithkeyinformationforpeople who neededrepairswhileclinicswerepostponedinCentre'sandhospitalsacrossthecounty.Ourwork with thelocalfoodbankandSalvationArmyhasprovidedemergencyfoodparcelstothoseinneedof support for their most basic provisions. ``` ``` From1stJune2020,wereintroducedaCovidsecurewaytodeliverHomeSupportforolderpeople to retaintheindependentlivingservicetheyrelyupontoassistintheirdailyliving.Thisresultedin 674 visits over 10 months, equating to an average of around 3 visits per day from our small dedicated team. ``` ``` Delivering our existing services during the pandemic ``` ``` Throughouttheyearvariousrestrictionswereinplacethatmeantthatwhenwewereabletoopen our Centreourdayservicewasrunonaveryrestrictedbasis,inordertoprotectourvulnerable service users.Weadaptedmostofourotherservicesincludingchangingourhairdressingtoamobile service (fromJuly2020)andrunningaskeletontransportservicetoensurepeoplewereabletoaccess medical appointments and vaccines. ``` ``` OurInformationandAdviceservicescontinuedthroughoutthepandemicwithdoorstopvisitsor home visitswhenitwaspermissible.Overtheyear356individualsweresupportedthroughthisserviceand the following was achieved: ``` ``` 61AttendanceAllowanceclaims(Allawardedhavebeengrantedatthehigherrateforaminimum period of 3yrs) ``` ``` 6 PIP (Personal Independence Payments) claims Assisted with 18 Carers Allowance claims ``` ``` 91 Blue Badges were applied for and granted ``` ``` In total £818,887 total benefits were awarded, making everyday life easier for our service users. ``` ``` Page 3 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ``` Wesawourcommunitymealsrisefrom7,250hotmealsin2019/20to15,671in2020/21and the sandwichteasrosefrom368to735.Forthefirstfewmonthsofthepandemic,thecateringteam worked withotherdepartmentsandvolunteerstoprovideachoiceofshoppingboxescontainingessential items, which were delivered to people's homes. ``` ## **`What we achieved in 2020/21`** - `We answered or made 25,548 support calls` - `We responded to 1,009 prescription requests` - `We provided hearing aid assistance (in association with Hi-Kent) 521 times` - `We delivered 15,900 hot meals` - `We provided 319 COVID safe hairdressing appointments` - `We delivered 674 home support visits` - `We provided 297 personal shopping trips` ## **`Fundraising activities and income generation`** ``` Atthebeginningofthefinancialyear,wehadafundraisingstrategyinplace,whichinvolved approaching grantmakingTrustsandaspartofapartnershipledbySocialEnterpriseKent,weweretenderingfor a servicedeliverycontractfromKentCountyCouncil(knownasthewellbeingcontract).Eachyearwe run communityfundraisingevents,suchasaChristmasFairandraffles,butthisyearwewereunableto run these activities. ``` ``` OurKentCountyCouncilfundingwasduetoendinJuly2020andwastobereplacedby Wellbeing contract.TheWellbeingcontracttenderingwastemporarilypausedasaresultoftheCOVIDpandemic, so KentCountyCouncilcontinuedfundingusuntilMarch2021withemergencyfunding,inrecognitionof the workweweredeliveringtothelocalcommunity.Ultimatelythetenderingprocesswasrestartedand our partnershipwassuccessfulinsecuringthethree-yearcontract,withservicedeliverycommencingin April 2021.Whilstthisisgoodnews,thecontractistaperingoverthethreeyearsanditislessthanwe were previously receiving. ``` ``` FolkestoneandHytheDistrictCouncilwereverysupportiveofthehubandwewereoneofthreehubs in the district that received emergency funding from the Council to deliver support to our local community. ``` ``` OurpositionasoneofthefewcommunitysupportorganisationsontheMarshmeantthatwewere very successfulatsecuringemergencygrants;whichhasresultedinastrongendofyearpositionfor the charity,thatweareunlikelytoreplicateinfutureyears,giventhatmanyofthegrantswereceived were fromoneofffundingpots.Wealsoreceiveda£100kpartnershipgrantfromNationalLottery Community Fund; which was shared between 4 organisations. ``` ``` Towardstheendofthefinancialyear,wesecuredfundingfromKentCountyCouncil'sstrategic planning fundtodevelopabusinessplanandfundraisingstrategyduringthenextfinancialyear.Aspartof our futureincomegenerationstrategy,wehadcommencednegotiationsonacharityshopleasebytheend of this financial year. ``` ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` TheTrusteeshavereviewedthereservesofthecharitablecompanyandhaveestablishedapolicy under whichthefreereservesheldbythecharitablecompanyshouldbeapproximatelythreemonthsof the annualresourcesexpended,thatisapproximately£120,000.Thisprovidesworkingcapitaland would enablethecharitablecompanytocontinueoperationsintheeventofasignificantdropinfunding long enough to reduce or cease its activities in an orderly manner. ``` ``` Wehadapproximately8monthsreserves(£331k)bytheendofthefinancialyear.Someofthe funds carriedforwardinfreereserveswereintendedforexpenditureonCOVIDresponse;so,weexpect our reserves position to reduce in the next financial year. ``` ``` This policy will be reviewed annually. ``` ``` Page 4 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`FINANCIAL REVIEW`** ## **`Going concern`** ``` Aftermakingappropriateenquiries,theTrusteeshaveareasonableexpectationthattheCharity has adequateresourcestocontinueinoperationalexistencefortheforeseeablefuture.Forthisreason, they continuetoadoptthegoingconcernbasisinpreparingthefinancialstatements.Furtherdetails regarding the adoption of the going concern basis can be found in the accounting policies. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,deedoftrust,andconstitutesalimited company limited by guarantee, as defined by the Companies Act 2006. ``` ``` RomneyMarshCommunityHubisacompanylimitedbyguarantee,withoutsharecapital, incorporated on 18 March 2002 and registered as a charity on 12 August 2002. ``` ``` Thecompanywasestablishedunderthememorandumofassociation,whichsetsouttheobjects and powers of the charity company and is governed by its Articles of Association. ``` ``` ItisgovernedbyitsMemorandumandArticlesofAssociation.TheCharityisconstitutedunder a Memorandum of Association dated 11 March 2002. ``` ## **`Recruitment and appointment of new trustees`** ``` TrusteeswithsuitableexpertisearerecruitedtoassisttheexistingtrusteestomanageRMCH is envisagedthatallTrusteeswillhaveaninterestinolderpeopleandanunderstandingofthe difficulties some face in maintaining a fulfilling life. ``` ``` The Executive Committee, which administers the Charity, consists of: ``` ``` - Honorary Officers ``` ``` - Not less than 3 members ``` ``` AlloftheBoardofTrusteesarealsoDirectorsofthelimitedcompany.Inaccordancewiththe Charity's ArticlesofAssociation,theHonoraryOfficersarere-electedeachyearandothermembersoftheBoard of Trusteesretireinrotation.Onethirdofmembersretireeachyearandareeligibleforre-election. The BoardofTrusteesareentitled,asmembers,toappointnewTrusteesduringtheyear.Thisisthen ratified at the annual general meeting. ``` ## **`Organisational structure and decision-making policies`** ``` TheTrusteesmeetaminimumoffourtimeseachyear.Oneweekpriortothemeeting,Trusteesare sent theChiefOfficer'sReport,whichoutlinestheday-to-dayoperationsofRMCHsincethelastmeeting. That reportmayalsoincludespecificdecisionstobemadebytheTrustees.Anyfinancialreportsarealso sent outoneweekpriortothemeetings.ReceivingreportspriortothemeetingsallowsTrusteestime to considerthecontentandrequestanyfurtherinformationtheymayrequire.Trusteesadminister the Charityandcompany.TheChiefOfficermanagestheday-to-dayoperationsofthecharity'sservices. The TrusteesarefamiliarwiththoseactivitiesandbearinmindCharityCommissionguidanceon public benefitwhenmakingdecisions.Tofacilitateeffectiveoperations,theChiefOfficerhasdelegated authority fromtheTrusteesforoperationalmattersincludingfinance,employmentofstaff,recruitment of volunteers and the provision of services. ``` ## **`Induction and training of new trustees`** ``` Newtrusteesundergoanorientationprogramme,assetoutintheTrusteeInductionPolicy, which includesmeetingtheChiefOfficerandanexistingTrusteetodiscusshowthecharityoperates its day-to-dayactivities.CopiesofrelevantguidelinespublishedbytheCharityCommission,copiesof Chief OfficerReportstoTrusteemeetings,andcopiesofpreviousminutesofTrusteemeetingsare provided. NewTrusteesvisittheRMCHsitetomeetstaff,othertrustees,volunteersandclientsto familiarise themselveswiththoseinvolvedwiththecharity'swork.Trusteesarealsoencouragedtoattend relevant training events. ``` ``` Page 5 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Key management remuneration`** ``` Seniorstaffpaygradesarecomparedtootherlocalcharitystaffwithsimilarresponsibilities.Staff pay increasesarebasedontheanticipatedgrantincomechargedforserviceincomeandtheprevious year's overallfinancialposition.Anyagreedpercentageincreaseisawardedtoallstafffollowingthe annual budgetmeeting,exceptwhenlegislation,suchastheminimumwageincrease,isimplementedand any knock-on effect on differentials. ``` ## **`Related parties`** ``` There were no party related relationships. ``` ## **`Financial risk management`** ``` The Trustees have a risk management strategy/plan which comprises: ``` - `An annual rolling programme to review the risks the Charity may face` - `The establishment of systems and procedures to mitigate those risks identified in the plan.` ``` -TheimplementationofproceduresdesignedtominimiseanypotentialimpactontheCharity should those risks materialise. ``` ``` The key controls used by the Charity include: ``` - `Formal agenda for the Trustee Meetings` - `Detailed strategic planning, budgeting and management accounting` - `Established organisational structure and lines of reporting` - `Formal lines of reporting` - `Clear authorisation and approval levels` - `Register of risks` ``` OneofthekeyelementsinthemanagementoffinancialriskistheestablishmentofaReserves Policy and a regular review process to ensure adequate long-term assurance of operational services. ``` ## **`Plans for future periods`** ## **`The coming year`** ``` Iffundsallowin2021/22itishopedwecancontinuetoprovideallofourcoreservices;whichinclude our day service, community meals, transport, advice and information, activity groups and hairdressing. ``` ``` Trustee priorities for the Charity continue to be: ``` - `Improving Health & Wellbeing through the implementation of a new KCC contract in partnership with` - `Social Enterprise Kent` - `Preventing Loneliness and Isolation` - `Providing practical help at home` - `Informing and empowering older people` - `Improving infrastructure and support for volunteers` - `Change of name and rebrand of charity` - `Improving our efficiency and fiscal sustainability` ``` Page 6 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Strategic Priorities to 2025`** ``` The longer-term priorities for RMCH are: ``` - `Developing our service offer to ensure there is a wide range of community activities available for older` - `people across the Romney Marsh area` - `Continuing our day service, aimed at the more vulnerable older people, helping them to feel less` - `isolated` ``` -Carryingoutrefurbishmentworktomaximiseandextendourcurrentfacilities,sothatwecangrow our range of onsite services ``` - `Developing our back-office systems, including the implementation of a new CRM database to streamline` - `our admin processes` ``` - Implementing a range of changes to ensure RMCH is operating in an environmentally friendly manner -Implementinganewfundraisingstrategythatwillgeneratemoreunrestrictedincomeforthe charity throughaportfolioofcharityshopsandanewindividualgivingprogramme,assuringour longer-term sustainability ``` - `Developing existing and new partnerships with other charitable organisations to deliver a greater range` - `of services and reduce duplication` ## **`Covid-19`** ``` Atthetimeofsigningtheaccountsthepandemiccontinuestoaffectourday-to-dayoperations and duringthe2021/22financialyeartherehasbeenlessemergencyfundingavailable;whichmeans the charitywillusesomeofthereservescarriedforwardattheendofthe2020/21financialyear. Trustees areawareofthepotentialeconomicandsocialeffectsoftheCovid-19virusoutbreak,theCharity will continuetoseektomitigatethisriskbyfollowingtheUKGovernment'sguidelines and adapting/developing its own internal strategy. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 04396846 (England and Wales) ``` ## **`Registered Charity number`** ``` 1093388 ``` ## **`Registered office`** ``` Sunflower House Rolfe Lane New Romney Kent TN28 8JR ``` ## **`Trustees`** ``` R F Constable Ms K A Leader (resigned 18/11/2021) Ms V I Loseby (resigned 18/11/2021) Cllr Mrs C J Waters Cllr Mrs C Metcalfe Mrs S M Thomas Ms V A Butt (appointed 12/2/2021) P McNamee (appointed 27/8/2020) Ms K Smith (appointed 1/10/2020) Ms L N Kember (appointed 1/10/2020) (resigned 18/8/2021) Ms W P Richley (appointed 23/4/2021) ``` ## **`Independent Examiner`** ``` Gibbons Mannington & Phipps LLP Chartered Accountants 82 High Street Tenterden Kent TN30 6JG ``` ``` Page 7 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Bankers`** ``` National Westminster Bank Plc High Street Ashford Kent TN24 8SH ``` ## **`CHANGE OF NAME`** ``` Thecharitablecompanypassedaspecialresolutionon13thMay2021changingitsnamefrom Romney Marsh Day Centre (Age Concern) Limited to Romney Marsh Community Hub. ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 22nd December 2021 and signed on its behalf by: ``` ``` Ms K Smith - Trustee ``` ``` Page 8 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROMNEY MARSH COMMUNITY HUB PREVIOUSLY KNOWN AS ROMNEY MARSH DAY CENTRE (AGE CONCERN) LIMITED ``` ``` Independentexaminer'sreporttothetrusteesofRomneyMarshCommunityHub ('the Company') ``` ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31st March 2021. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your charity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act').In carrying outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionundersection 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalisted body. IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmember of ICAEW which is one of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Samantha Whiting FCA ``` ``` ICAEW Gibbons Mannington & Phipps LLP Chartered Accountants 82 High Street Tenterden Kent TN30 6JG ``` ``` 24th December 2021 ``` ``` Page 9 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2021`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Grants and donations`
`2`
**`Charitable activities`**
`5`
`Day Centre`
`Other trading activities`
`3`
`Investment income`
`4`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`6`
`Day Centre`
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
`17`
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`As previously reported`
`Prior year adjustment`
`13`
**`As restated`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
**`580,110`**
**`167,706`**
**`900`**
**`738`**
**`749,454`**
**`526,130`**
**`223,324`**
**`4,381`**
**`227,705`**
**`798,727`**
**`15,893`**
**`814,620`**
**`1,042,325`**|`Restricted`
`funds`
`£`
**`10,415`**
**`-`**
**`-`**
**`-`**
**`10,415`**
**`17,133`**
**`(6,718)`**
**`(4,381)`**
**`(11,099)`**
**`24,790`**
**`-`**
**`24,790`**
**`13,691`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`590,525`**
**`167,706`**
**`900`**
**`738`**
**`759,869`**
**`543,263`**
**`216,606`**
**`-`**
**`216,606`**
**`823,517`**
**`15,893`**
**`839,410`**
**`1,056,016`**|`2020`
`Total`
`funds`
`as restated`
`£`
`249,796`
`214,710`
`15,036`
`793`
`480,335`
`495,833`
`(15,498)`
`-`
`(15,498)`
`833,717`
`21,191`
`854,908`
`839,410`| |---|---|---|---|---| ``` The notes form part of these financial statements ``` ``` Page 10 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`BALANCE SHEET 31ST MARCH 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`14`
**`CURRENT ASSETS`**
`Debtors`
`15`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`16`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`17`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`711,207`**
**`23,089`**
**`331,562`**
**`354,651`**
**`(23,533)`**
**`331,118`**
**`1,042,325`**
**`1,042,325`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`40,260`**
**`40,260`**
**`(26,569)`**
**`13,691`**
**`13,691`**
**`13,691`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`711,207`**
**`23,089`**
**`371,822`**
**`394,911`**
**`(50,102)`**
**`344,809`**
**`1,056,016`**
**`1,056,016`**
**`1,042,325`**
**`13,691`**
**`1,056,016`**|`2020`
`Total`
`funds`
`as restated`
`£`
`706,180`
`22,315`
`142,515`
`164,830`
`(31,600)`
`133,230`
`839,410`
`839,410`
`814,620`
`24,790`
`839,410`| |---|---|---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for the year ended 31st March 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 31st March 2021 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.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 22nd December 2021 and were signed on its behalf by: ``` ``` K Smith - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 11 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2021`** |||**`2021`**|`2020`| |---|---|---|---| ||||`as`| ||||`restated`| ||`Notes`|**`£`**|`£`| |**`Cash flows from operating activities`**|||| |`Cash generated from operations`|`1`|**`267,609`**|`4,333`| |`Net cash provided by operating activities`||**`267,609`**|`4,333`| |**`Cash flows from investing activities`**|||| |`Purchase of tangible fixed assets`||**`(41,090)`**|`(951)`| |`Sale of tangible fixed assets`||**`2,050`**|`-`| |`Interest received`||**`738`**|`793`| |`Net cash used in investing activities`||**`(38,302)`**|`(158)`| ||||| |**`Change in cash and cash`**|||| |**`equivalents in the reporting period`**||**`229,307`**|`4,175`| |**`Cash and cash equivalents at the`**|||| |**`beginning of the reporting period`**||**`142,515`**|`138,340`| |**`Cash and cash equivalents at the`**|||| |**`end of the reporting period`**||**`371,822`**|`142,515`| ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES`** |**`OPERATING ACTIVITIES`**||| |---|---|---| ||**`2021`**|`2020`| |||`as`| |||`restated`| ||**`£`**|`£`| |**`Net income/(expenditure) for the reporting period (as per`**||| |**`the Statement of Financial Activities)`**|**`216,606`**|`(15,498)`| |**`Adjustments for:`**||| |`Depreciation charges`|**`20,334`**|`16,705`| |`Loss on disposal of fixed assets`|**`13,679`**|`-`| |`Interest received`|**`(738)`**|`(793)`| |`Increase in debtors`|**`(774)`**|`(22,315)`| |`Increase in creditors`|**`18,502`**|`26,234`| |**`Net cash provided by operations`**|**`267,609`**|`4,333`| ## `2.` **`ANALYSIS OF CHANGES IN NET FUNDS`** |**`Net cash`**
`Cash at bank and in hand`
**`Total`**|`At 1/4/20`
`£`
**`142,515`**
**`142,515`**
**`142,515`**|`Cash flow`
**`At 31/3/21`**
`£`
**`£`**
**`229,307`**
**`371,822`**
**`229,307`**
**`371,822`**
**`229,307`**
**`371,822`**| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 13 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102, havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland (FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to thefunds,itisprobablethattheincomewillbereceivedandtheamountcanbemeasured reliably. Anyincomingresourcesreceivedinanaccountingperiodthatrelateexclusivelytofutureyears are deferred on the balance sheet. ``` ``` Grantsthatdonotspecifyanyfutureperformance-relatedconditionsarerecordedwhenthe grant proceedsarereceivedorreceivable.Anygrantthatimposesspecifiedfuture performance-related conditionsisrecognisedonlywhentheperformance-relatedconditionsaremet.Grants received before the revenue recognition criteria are satisfied are recognised as a liability. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they have been allocated to activities on a basis consistent with the use of resources. ``` ``` Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a commitment but not accrued as expenditure. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Freehold property- 1% on cost Equipment- 15% on reducing balance Fixtures and fittings- 25% on reducing balance Minibuses- 25% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Hire purchase and leasing commitments`** ``` RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitieson a straight line basis over the period of the lease. ``` ``` continued... ``` ``` Page 14 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayable to thecharitablecompany'spensionschemearechargedtotheStatementofFinancialActivities in the period to which they relate. ``` ## **`Debtors`** ``` Tradeandotherdebtorsarerecognisedatthesettlementamountdueafteranydiscount offered. Prepaymentsarevaluedattheamountprepaidattheyearendaftertakingaccountof any discount due. ``` ## **`Creditors and provisions`** ``` Creditorsandprovisionsarerecognisedwherethecharityhasapresentobligationresultingfrom a pasteventthatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountdue to settletheobligationcanbemeasuredorestimatedreliably.Creditorsandprovisionsare normally recognised at their settlement amount after allowing for any discounts due. ``` ## **`2. GRANTS AND DONATIONS`** |**`GRANTS AND DONATIONS`**||| |---|---|---| ||**`2021`**|`2020`| |||`as`| |||`restated`| ||**`£`**|`£`| |`Donations`|**`24,530`**|`11,648`| |`Grants`|**`565,995`**|`238,148`| ||**`590,525`**|`249,796`| |`Grants received, included in the above, are as follows:`||| ||**`2021`**|`2020`| |||`as`| |||`restated`| ||**`£`**|`£`| |`Other grants`|**`565,995`**|`238,148`| |**`OTHER TRADING ACTIVITIES`**||| ||**`2021`**|`2020`| |||`as`| |||`restated`| ||**`£`**|`£`| |`Fundraising events`|**`900`**|`15,036`| ## **`3. OTHER TRADING ACTIVITIES`** ``` continued... ``` ``` Page 15 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`4. INVESTMENT INCOME`** |**`4.`**|**`INVESTMENT INCOME`**||||| |---|---|---|---|---|---| |||||**`2021`**|`2020`| ||||||`as`| ||||||`restated`| |||||**`£`**|`£`| ||`Deposit account interest`|||**`738`**|`793`| |**`5.`**|**`INCOME FROM CHARITABLE ACTIVITIES`**||||| |||||**`2021`**|`2020`| ||||||`as`| ||||||`restated`| |||`Activity`||**`£`**|`£`| ||`Charitable activities`|`Day Centre`||**`167,706`**|`214,710`| |**`6.`**|**`CHARITABLE ACTIVITIES`**|**`COSTS`**|||| ||||`Grant`||| ||||`funding of`||| ||||`activities`|`Support`|| |||`Direct`|`(see note`|`costs (see`|| |||`Costs`|`7)`|`note 8)`|`Totals`| |||`£`|`£`|`£`|`£`| ||`Day Centre`|**`87,530`**|**`71,612`**|**`384,121`**|**`543,263`**| |**`7.`**|**`GRANTS PAYABLE`**||||| |||||**`2021`**|`2020`| ||||||`as`| ||||||`restated`| |||||**`£`**|`£`| ||`Day Centre`|||**`71,612`**|`-`| |**`8.`**|**`SUPPORT COSTS`**||||| |||||`Governance`|| |||`Management`|`Finance`|`costs`|`Totals`| |||`£`|`£`|`£`|`£`| ||`Day Centre`|**`369,282`**|**`2,023`**|**`12,816`**|**`384,121`**| |**`9.`**|**`NET INCOME/(EXPENDITURE)`**||||| ||`Net income/(expenditure) is`|`stated after charging/(crediting):`|||| |||||**`2021`**|`2020`| ||||||`as`| ||||||`restated`| |||||**`£`**|`£`| ||`Depreciation - owned assets`|||**`20,334`**|`16,704`| ||`Other operating leases`|||**`286`**|`-`| ||`Deficit on disposal of fixed assets`|||**`13,679`**|`-`| ||`Independent examination and accounts`|||**`1,560`**|`1,017`| ``` continued... ``` ``` Page 16 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021 ``` ## **`10. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2021nor for the year ended 31st March 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31stMarch2021norfortheyear ended 31st March 2020. ``` ## **`11. STAFF COSTS`** |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2021`**
**`£`**
**`258,475`**
**`9,446`**
**`3,917`**
**`271,838`**|`2020`
`as`
`restated`
`£`
`291,843`
`11,414`
`4,236`| |---|---|---| |||`307,493`| ``` The average monthly number of employees during the year was as follows: ``` ||**`2021`**|`2020`| |---|---|---| |||`as`| |||`restated`| |`Day Centre`|**`23`**|`37`| ``` Therearenoemployeeswhoreceivedtotalemployeebenefits(excludingemployerpension costs) of more than £60,000. ``` ## **`12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Grants and donations`
`216,221`
**`Charitable activities`**
`Day Centre`
`214,710`
`Other trading activities`
`15,036`
`Investment income`
`793`
**`Total`**
`446,760`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Day Centre`
`486,978`
**`NET INCOME/(EXPENDITURE)`**
`(40,218)`
**`Transfers between funds`**
`(70)`
**`Net movement in funds`**
`(40,288)`|`Restricted`
`funds`
`a`
`£`
`33,575`
`-`
`-`
`-`
`33,575`
`8,855`
`24,720`
`70`
`24,790`|`Total`
`funds`
`s restated`
`£`
`249,796`
`214,710`
`15,036`
`793`
`480,335`
`495,833`
`(15,498)`
`-`
`(15,498)`| |---|---|---| ``` continued... ``` ``` Page 17 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`** |**`12.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
`Unrestricted`
`Restricted`
`funds`
`funds`
`a`
`£`
`£`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`As previously reported`
`833,717`
`-`
`Prior year adjustment`
`21,191`
`-`
**`As restated`**
`854,908`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`814,620`
`24,790`|`Total`
`funds`
`s restated`
`£`
`833,717`
`21,191`| |---|---| ||`854,908`| ||`839,410`| ## **`13. PRIOR YEAR ADJUSTMENT`** ``` Thecomparativefiguresfortheyearended31March2019and31March2020havebeen restated toreflectthecapitalisationofaminibuspurchasedfor£29,000duringtheyearended31 March 2019 which was initially expensed to the SOFA in error. ``` ## **`14. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1st April 2020`
`Additions`
`Disposals`
`At 31st March 2021`
**`DEPRECIATION`**
`At 1st April 2020`
`Charge for year`
`Eliminated on disposal`
`At 31st March 2021`
**`NET BOOK VALUE`**
`At 31st March 2021`
`At 31st March 2020`|`Freehold`
`property`
`£`
**`803,372`**
**`-`**
**`-`**
**`803,372`**
**`131,580`**
**`7,722`**
**`-`**
**`139,302`**
**`664,070`**
`671,792`|`Equipment`
`£`
**`92,330`**
**`22,127`**
**`(87,564)`**
**`26,893`**
**`78,177`**
**`3,488`**
**`(74,537)`**
**`7,128`**
**`19,765`**
`14,153`|`Fixtures`
`and`
`fittings`
`£`
**`48,569`**
**`18,963`**
**`(33,888)`**
**`33,644`**
**`46,020`**
**`5,015`**
**`(32,437)`**
**`18,598`**
**`15,046`**
`2,549`|`Minibuses`
`Totals`
`£`
`£`
**`126,074`**
**`1,070,345`**
**`-`**
**`41,090`**
**`(91,324)`**
**`(212,776)`**
**`34,750`**
**`898,659`**
**`108,388`**
**`364,165`**
**`4,109`**
**`20,334`**
**`(90,073)`**
**`(197,047)`**
**`22,424`**
**`187,452`**
**`12,326`**
**`711,207`**
`17,686`
`706,180`| |---|---|---|---|---| ``` continued... ``` ``` Page 18 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade debtors`
`Other debtors`
`Accrued income`
`Prepayments`
**`16.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`NEST Pension`
`Other creditors`
`Accruals and deferred income`
`Accrued expenses`
**`17.`**
**`MOVEMENT IN FUNDS`**
`Prior`
`Net`
`year`
`movement`
`At 1/4/20`
`adjustment`
`in funds`
`£`
`£`
`£`
**`Unrestricted funds`**
`General fund`
**`108,440`**
**`-`**
**`257,337`**
`Fixed assets`
**`690,287`**
**`15,893`**
**`(34,013)`**
**`798,727`**
**`15,893`**
**`223,324`**
**`Restricted funds`**
`The Romney Marsh`
`Community Support`
`Hub`
**`10,000`**
**`-`**
**`(10,000)`**
`Transport Costs`
**`-`**
**`-`**
**`250`**
`Rebranding`
**`10,000`**
**`-`**
**`(1,239)`**
`Chairs and kitchen`
`equipment`
**`3,794`**
**`-`**
**`-`**
`Copier`
**`750`**
**`-`**
**`-`**
`Freezer and till`
**`246`**
**`-`**
**`(246)`**
`KCC Sports`
**`-`**
**`-`**
**`(163)`**
`Property update`
**`-`**
**`-`**
**`4,680`**
**`24,790`**
**`-`**
**`(6,718)`**
**`TOTAL FUNDS`**
**`823,517`**
**`15,893`**
**`216,606`**||**`2021`**
`2020`
`as`
`restated`
**`£`**
`£`
**`12,233`**
`8,773`
**`410`**
`5`
**`-`**
`10,112`
**`10,446`**
`3,425`
**`23,089`**
`22,315`
**`2021`**
`2020`
`as`
`restated`
**`£`**
`£`
**`15,812`**
`16,815`
**`3,092`**
`3,006`
**`-`**
`714`
**`1,335`**
`7,489`
**`26,569`**
`-`
**`3,294`**
`3,576`
**`50,102`**
`31,600`
`Transfers`
`between`
`At`
`funds`
`31/3/21`
`£`
`£`
**`(34,658)`**
**`331,119`**
**`39,039`**
**`711,206`**
**`4,381`**
**`1,042,325`**
**`-`**
**`-`**
**`-`**
**`250`**
**`-`**
**`8,761`**
**`(3,794)`**
**`-`**
**`(750)`**
**`-`**
**`-`**
**`-`**
**`163`**
**`-`**
**`-`**
**`4,680`**
**`(4,381)`**
**`13,691`**
**`-`**
**`1,056,016`**|`2020`
`as`
`restated`
`£`
`8,773`
`5`
`10,112`
`3,425`
`22,315`
`2020`
`as`
`restated`
`£`
`16,815`
`3,006`
`714`
`7,489`
`-`
`3,576`
`31,600`
`At`
`31/3/21`
`£`
**`331,119`**
**`711,206`**| |---|---|---|---| ||||| ||||| ||||| ``` continued... ``` ``` Page 19 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`17. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`The Romney Marsh Community`
`Support Hub`
`Transport Costs`
`Rebranding`
`Freezer and till`
`KCC Sports`
`Property update`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`749,454`**
**`-`**
**`749,454`**
**`-`**
**`1,000`**
**`-`**
**`-`**
**`4,735`**
**`4,680`**
**`10,415`**
**`759,869`**|`Resources`
`expended`
`£`
**`(492,117)`**
**`(34,013)`**
**`(526,130)`**
**`(10,000)`**
**`(750)`**
**`(1,239)`**
**`(246)`**
**`(4,898)`**
**`-`**
**`(17,133)`**
**`(543,263)`**|`Movement`
`in funds`
`£`
**`257,337`**
**`(34,013)`**
**`223,324`**
**`(10,000)`**
**`250`**
**`(1,239)`**
**`(246)`**
**`(163)`**
**`4,680`**
**`(6,718)`**
**`216,606`**| |---|---|---|---| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`The Romney Marsh`
`Community Support`
`Hub`
`Projector and screen`
`Rebranding`
`Chairs and kitchen`
`equipment`
`Copier`
`Freezer and till`
**`TOTAL FUNDS`**|`At 1/4/19`
`£`
`132,975`
`700,742`
`833,717`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`833,717`|`Prior`
`year`
`adjustment`
`£`
`-`
`21,191`
`21,191`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`21,191`|`Net`
`movement`
`in funds`
`£`
`(23,513)`
`(16,705)`
`(40,218)`
`10,000`
`(70)`
`10,000`
`3,794`
`750`
`246`
`24,720`
`(15,498)`|`Transfers`
`between`
`funds`
`£`
`(1,022)`
`952`
`(70)`
`-`
`70`
`-`
`-`
`-`
`-`
`70`
`-`|`At`
`31/3/20`
`£`
`108,440`
`706,180`| |---|---|---|---|---|---| ||||||`814,620`
`10,000`
`-`
`10,000`
`3,794`
`750`
`246`| ||||||`24,790`| ||||||`839,410`| ``` continued... ``` ``` Page 20 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021 ``` ## **`17. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`The Romney Marsh Community`
`Support Hub`
`Projector and screen`
`Transport Costs`
`Christmas Activities`
`Rebranding`
`Chairs and kitchen equipment`
`Copier`
`Freezer and till`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`446,760`
`-`
`446,760`
`10,000`
`449`
`4,000`
`4,336`
`10,000`
`3,794`
`750`
`246`
`33,575`
`480,335`|`Resources`
`expended`
`£`
`(470,273)`
`(16,705)`
`(486,978)`
`-`
`(519)`
`(4,000)`
`(4,336)`
`-`
`-`
`-`
`-`
`(8,855)`
`(495,833)`|`Movement`
`in funds`
`£`
`(23,513)`
`(16,705)`
`(40,218)`
`10,000`
`(70)`
`-`
`-`
`10,000`
`3,794`
`750`
`246`
`24,720`
`(15,498)`| |---|---|---|---| ``` TheRomneyMarshCommunitySupportHub-On26March2020wereceived£10,000from the RomneyMarshTownCounciltocontributetowardsthesetupofalocalhubofvolunteers and redeployedstafftohelppeopleontheMarshthroughtheMarchlockdownwhichhasbeen spent during the current year. ``` ``` Rebranding-InAugust2019wereceived£10,000fromtheNationalLotterytofacilitate a fresheningoftheimageoftheDayCentreincludinglogosandsigns.Themoneywasdueto be spentwithinayearandsomepreliminaryconsultationworkdidtakeplaceduringtheyear. Some progresswasmadeaftertheaccounts'yearendbuttheNationalLotteryhaveincreasedthe time by which the funds have to be spent in light of the Covid 19 situation. ``` ``` Chairsandkitchenequipment-£3,794wasreceivedfromLittleCheyneWindFarmin November towardsthecostofnewchairsandkitchenequipmentfortheDayCentre.InSeptember2020 the refurbishmentoftheDayCentrewascompletedwithnewchairsinthenewcolourscheme were purchased and work on the kitchen began. ``` ``` Freezerandtill-FundswerereceivedfromFolkestoneandHytheDistrictCouncilin February 2020forthepurchaseofanewfreezerandtill.ThetillwasbroughtinApril2020andthe freezer in May 2020. ``` ``` continued... ``` ``` Page 21 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021`** ## **`18. CONTINGENT LIABILITIES`** ``` Thecharityreceivedgrantstotally£160,000towardstheconstructionoftheDayCentrefrom Kent CountyCouncilandFolkestoneandHytheCouncil(formerlyShepwayDistrictCouncil)in 1994/95. Intheunlikelyeventthatthepropertyceasestobeadaycarecentreorthefreeholdissold with noreplacementfacilitybeingacquired,theaforementionedgrantswillbecome immediately refundable in full. ``` ## **`19. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31st March 2021. ``` ## **`20. COMPANY GUARANTORS`** ``` The extent of each guarantee is limited to £1. The company guarantors are the serving trustees. ``` ``` Page 22 ```