``` REGISTERED COMPANY NUMBER: 04396846 (England and Wales) REGISTERED CHARITY NUMBER: 1093388 ``` ``` REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ``` ## **`FOR`** ## **`ROMNEY MARSH COMMUNITY HUB`** ``` 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 31 MARCH 2022 ``` ||**`Page`**|**`Page`**|**`Page`**| |---|---|---|---| |**`Chairs Report`**||`1`|| |**`Report of the Trustees`**|`2`|`to`|`7`| |**`Independent Examiner's Report`**||`8`|| |**`Statement of Financial Activities`**||`9`|| |**`Balance Sheet`**||`10`|| |**`Cash Flow Statement`**||`11`|| |**`Notes to the Cash Flow Statement`**||`12`|| |**`Notes to the Financial Statements`**|`13`|`to`|`20`| ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`CHAIRS REPORT FOR THE YEAR ENDED 31 MARCH 2022`** ``` TheYear2021/22sawareturntomorenormaltimesafterthemajordisruptionoftheCovid pandemic. DailyactivitiesreturnedtotheHubinNewRomneywhileoutboundsupportcontinuedforthose still shielding from Covid at home. ``` ``` TheoutstandingworkofthepreviousyearwasrecognisedbytheawardoftheBritishEmpireMedal to ourChiefExecutiveJonWilsonandaftertheyearendbythevisitofHRHPrinceRichardDuke of GloucestertoTheHubtomeetwithclients,staffandvolunteersandcongratulatethemforalltheir hard work. ``` ``` TheTrusteesinstigatedanexternalreviewofsystems,proceduresandgovernancetopreparethe Hub forareturntonormaldailylife.TheRomneyMarshCommunityHubiswithoutdoubtamajorasset, but unlessitisfullyutiliseditisawastedopportunity.Themanagementteamtherebyfocussedon ensuring all available space was utilised and that a wide range of community services and events returned. ``` ``` Webeganthefirstyearofourthree-yearUniversalWellbeingContractinassociationwith Social EnterpriseKentandfundedthroughKentCountyCouncil,markingachangeinhowservices were delivered to people over 50. ``` ``` WithgovernmentCovidrelatedfundingnowcomingtoanendtheTrusteesarefocussedonbuilding new revenuestreamsandaccessingexternalgrantsanddonationstosupportthecharity'swork.We are thankfulforallthesupportwehavereceivedfromtheFolkestoneandHytheCouncil,KentCounty Council andtheNHStogetherwithfinancialsupportfromthirdpartysponsorsandgrantmakingcharities. Our newCharityshopopenedinRyeandwearelookingtoaddoneormorenewshopswithinthearea as suitableshoppremisesbecomeavailable.Whenfullyoperationalweanticipatethesewill provide additional income to support our charitable activities. ``` ``` Weareveryfortunatetohaveahardworkingandloyalworkforceandsubstantialteamof volunteers. OnbehalfoftheBoard,Iwouldthankthemforalltheirefforts.ThenewpostCovidworldthrowsup new challenges,inparticularintherecruitmentofstaffandmanagingtheever-increasingcosts associated withtheHub'sdailyoperations.Weareseekingtostrengthenanddeepenourrelationshipswith similar charitiesinadjoiningareastodevelopbestpracticeandtobecomeavoiceforourclientsin the community. ``` ``` ForecastsfortheSouthKentCoastClinicalCommissioningGroupanticipateanexplosionintheover 70's residentsinourareaoverthenext5years.Thisisinpartduetoageingoftheexistingcommunity but exacerbatedbytheincreasingnumberofelderlypeoplewishingtomoveintoourarea.The Romney Marshareaisingeneraloneofveryseveresocialdeprivationandwearewitnessingadramatic increase in the number of local residents suffering from Dementia and similar mental issues. ``` ``` IjoinedtheBoardofTrusteesandbecameChairaftertheyearend.Ihaveworkedcloselywiththe Chief Executivetounderstandthecurrentoperationsofthecharityandtheissuesweneedtoconfrontto stay acorepartofthecareinfrastructureintheSouthernCoastalareaofKent.Iamconfidentthatthe Hub willrisetomeetthesechallengesandweareambitioustoprovideadditionalsupportforour local Councils, the NHS and Care services subject to being able to access finance and staff. ``` ``` Neil McClure Chair ``` ``` Page 1 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended31March2022.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`** ``` In2020/21ourteamofvolunteersgrewto315,manyofthesewerelocalpeoplewhocameforward to supporttheCovidresponse.Inevitably,asthesevolunteersreturnedtoworkourvolunteer numbers reducedinthe2021/22financialyeartoanaverageof100volunteersthroughouttheyear.As we returnedtoface-to-faceservicesthroughouttheyearourvolunteerswereessentialtous,theyhelped to keepourserviceuserssafebyundertakingadditionalcleaningandsanitisingdutiesaftereach session. Wehavearangeofvolunteerroles,includinghelpforsessionsandactivities,deliveryofessential items and community meals and supporting us to run our charity shop in Rye. ``` ``` Werecognisedaneedtosupportvolunteerswithadedicatedmemberofstaff,sowiththesupport of fundingfromarangeofsources,includingSouthernWater,KentCommunityFoundationandAwards for All,weintroducedanewVolunteerDevelopmentOfficerpost(VDO)thisyear.Thepostholder is responsibleforintroducingsystemsandprocessestosupporttherecruitment,inductionandretention of volunteers,butwillalsobeworkingtowardstheInvestinginVolunteersqualitystandardoverthe next 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. ``` ``` 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 dining` - `Home support with domestic cleaning and shopping` - `Mobile Hairdressing` - `Wellbeing classes and groups` ``` Page 2 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Key performance indicators`** ``` Financialmanagement:AtTrusteemeetingstheCharity'suptodatefinancialactivityagainst budget, cashflowandbankbalancesarepresentedbytheTreasurerandFinanceOfficer.Any continuation fundingforserviceswhichareprovidedusingtheCharity'sfreereservesaremadeattheannual Budget meeting. ``` ``` TheChiefOfficeralongsidetheHeadofFinancemonitorstheincomeandexpenditurefor each departmentattheendofeverycalendarmonth.Ifadepartmentisnotperformingaspredictedin the budget,anyincrease/decreaseinactivitythatmayrequirefurtherdiscussionisreportedatthe next Trustee meeting. ``` ``` Monitoringthecharity'sactivities:TheChiefOfficerprovidesawrittenreportatevery Trustee meeting,outliningtheCharity'scurrentactivitiesandanyfuturethreatsoropportunities.Key senior members of staff also provide Trustees with written reports on the services they manage. ``` ``` FundingfromstatutorybodiescomeswithKeyPerformanceIndicators.Reportstothosebodies are provided as required by the agreements. ``` ## **`Review of activities`** ``` Daysupportservice:AsCOVIDrestrictionswereliftedduringtheyearwewereabletostart to reintroduceourdaysupportservice,withverylimitednumbersatfirst.Weprovidetransportto the centre,sothatpeoplecanparticipateinourdaysupportservice;thisismainlyattendedbypeople aged over70.Ourserviceuserstakepartinactivities,includingquizzes,interestgroups,artsessions and chair-basedexercise.Theyalsohaveahotmealinourrestaurantatlunchtimeandtheyhavethe option of taking home a pac ked tea. ``` ``` Informationandadviceservice:Weprovideconfidentialonetooneappointmentsandphonecalls in theHubandoutinthecommunitytoanyonewhoneedssupport.1074peopleaccessedthis service, whichisaimedathelpingthemtoretaintheirindependence.Wesupportedindividualstoreview and maximisetheirbenefits(sothattheycouldpayformoresupportathome),obtainbluebadges, access hardship payments and much mor e. ``` ``` Communitydining:Weofferhotlunchesandasandwichteaviaahomedeliveryserviceto people acrossthemarshsevendaysaweek.Thesearemealsthatweprepareonsiteinourkitchen, ensuring theyarehealthyandappetising.Theservicealsoprovidesawelfarecheckonindividuals,offering their familiespeaceofmind.Thisisaverypopularservice,wedelivered12,216mealsduringthis financial year. ``` ``` Homesupportserviceandhairdressing:Manyofourserviceuserswanttoremainintheir own homes,buttheyneedsomeextrasupporttodothis.Ourstaffhelpedwithdomesticchoresand shopping on1194occasionsthisyear.Wealsohaveamobilehairdresserwhoprovideshairdressingathome for those who can't get to the salon, who undertook 693 appointments. ``` ``` Wellbeingclassesandactivities:ThenewwellbeingcontractstartedinApril2021.This service providesopportunitiesforolderpeopletotakepartinexerciseclassesandactivitygroupsheldinthe Hub andincommunityvenuesacrosstheMarsh.Theprogrammeofactivitieswasinitiallyimpactedby Covid restrictions,butasthefinancialyearprogressed,wewereabletointroducemoreandmoreactivities. By the end of the year, we had 4275 attendances at classes and groups. ``` ``` Welaunched"trysomethingnewfor2022"inJanuarywithafirst-classfreevoucherwhichwasused by anyonewantingtotryanewordifferentclass.Thisattractednewmemberstogroupsand proved popular.OurrangeofclasseshascontinuedtogrowwithfurtheractivitiesaddedonMondaysatthe Hub, with"MakethemostofMondays".Wealsostartedacraftyafternoonwithoccasionalspecial interest workshops,encouragingourparticipantstotrynewthingsandanewwalkinggroupthatoften exceeds 20 people, that join us each Tuesday for a 3 to 4 mile walk on the Marsh. ``` ``` Page 3 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ## **`Fundraising activities and income generation`** ``` Thisyearmostcommunityfundraisingeventstookplacewithinthelatterpartoftheyear,because of ongoing COVID restrictions. Fundraising activities included: ``` - `The continuation of our 100 club` - `A race night in October which raised £590` - `Our Christmas Fayre in November, which raised in excess of £1000` - `Two Members of Staff did a walk the Marsh challenge in October raising money and awareness of the` - `Hub` - `A number of local shops and businesses have now taken collection pots for the Hub` ``` WesuccessfullysecuredgrantsfromanumberofTrustsandFoundationsincludingKent Community Foundation,EdwardGostlingFoundation,AwardsforAll,ColeTrustandColyerFergusoncharitable Trust. Thisyear,wefocusedonsecuringfundingtowardscorestaffsalariesfromTrusts,aswellas some equipment needed to run the Hub safely for our beneficiaries. ``` ``` WiththesupportoffundingfromKentCountyCouncil'sstrategicrecoveryfund,wehavebeen working withafundraisingconsultantthroughoutthisfinancialyearonthedevelopmentofafundraising strategy, whichwillmeanthatinthenextyearwewillstarttodevelopourincomestreams,particularly focusing on boosting our existing community fundraising activities and targeting individual donors. ``` ## **`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. ``` ## **`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. ``` ``` Page 4 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Method of appointment or election of 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. ``` ## **`Policies adopted for the induction and training of Trustees`** ``` Newtrusteesundergoanorientationprogramme,assetoutintheTrusteeInductionPolicy, which includesmeetingtheChiefOfficerandanexistingTrusteetodiscusshowthecharityoperates its day-to-dayactivities.LinkstorelevantguidelinespublishedbytheCharityCommission,copiesof Chief OfficerReportstoTrusteemeetings,andcopiesofpreviousminutesofTrusteemeetingsare provided. NewTrusteesvisittheRMCHsitetomeetstaff,othertrustees,volunteersandclientsto familiarise themselveswiththoseinvolvedwiththecharity'swork.Trusteesarealsoencouragedtoattend relevant training events. ``` ## **`Pay policy for key management personnel`** ``` Seniorstaffpaygradesarecomparedtootherlocalcharitystaffwithsimilarresponsibilities.Staff pay increasesarebasedontheanticipatedgrantincomechargedforserviceincomeandtheprevious year's overallfinancialposition.Anyagreedpercentageincreaseisawardedtoallstafffollowingthe annual budgetmeeting,exceptwhenlegislation,suchastheminimumwageincrease,isimplementedand any knock-on effect on differentials. ``` ## **`Related party relationships`** ``` There were no party related relationships. ``` ``` Page 5 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`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.` - `The implementation of procedures designed to minimise any potential impact on the Charity 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`** ``` In2022/23weplantocontinuetoprovideallofourcoreservices;withaparticularfocuson recovering thedaysupportservice,whichsupportsourmostvulnerableserviceusers,whohavebeenthe most affected by COVID. ``` ``` Trustee priorities for the Charity continue to be: ``` - `Improving Health & Wellbeing through the implementation of the 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` ## **`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` - `Carrying out work to maximise and extend our current facilities, so that we can grow our range of` - `onsite services` - `Developing our accounting and 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` - `Implementing a new fundraising strategy that will generate more unrestricted income for the charity` - `through a portfolio of charity shops and a new individual giving programme, assuring our longer-term sustainability` - `Developing existing and new partnerships with other charitable organisations to deliver a greater range` - `of services and reduce duplication` ``` -BecomingidentifiedastheauthoritativevoiceforthecareneedsofolderpeopleintheRomney Marsh area. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 04396846 (England and Wales) ``` ``` Page 6 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`** ## **`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 (resigned 24/10/2022) Ms V A Butt P McNamee (resigned 24/10/2022) Ms K Smith (resigned 24/10/2022) Ms L N Kember (resigned 18/8/2021) Ms W P Richley (appointed 23/4/2021) N J Mcclure (appointed 1/5/2022) ``` ## **`Independent Examiner`** ``` Gibbons Mannington & Phipps LLP Chartered Accountants 82 High Street Tenterden Kent TN30 6JG ``` ## **`Bankers`** ``` National Westminster Bank Plc High Street Ashford Kent TN24 8SH ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 15 December 2022 and signed on its behalf by: ``` ``` N J Mcclure - Trustee ``` ``` Page 7 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROMNEY MARSH COMMUNITY HUB ``` ``` Independentexaminer'sreporttothetrusteesofRomneyMarshCommunityHub ('the Company') ``` ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 March 2022. ``` ## **`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 outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section 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 ``` ``` 15 December 2022 ``` ``` Page 8 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Grants and donations`
`2`
**`Charitable activities`**
`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`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
**`48,823`**
**`223,872`**
**`880`**
**`659`**
**`274,234`**
**`353,426`**
**`(79,192)`**
**`1,595`**
**`(77,597)`**
**`1,042,325`**
**`964,728`**|`Restricted`
`funds`
`£`
**`277,570`**
**`-`**
**`-`**
**`-`**
**`277,570`**
**`239,844`**
**`37,726`**
**`(1,595)`**
**`36,131`**
**`13,691`**
**`49,822`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`326,393`**
**`223,872`**
**`880`**
**`659`**
**`551,804`**
**`593,270`**
**`(41,466)`**
**`-`**
**`(41,466)`**
**`1,056,016`**
**`1,014,550`**|`2021`
`Total`
`funds`
`£`
`590,525`
`167,706`
`900`
`738`| |---|---|---|---|---| |||||`759,869`| |||||`543,263`| |||||`216,606`
`-`| |||||`216,606`
`839,410`| |||||`1,056,016`| ``` The notes form part of these financial statements ``` ``` Page 9 ``` ``` ROMNEY MARSH COMMUNITY HUB (REGISTERED NUMBER: 04396846) ``` ## **`BALANCE SHEET 31 MARCH 2022`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`13`
**`CURRENT ASSETS`**
`Debtors`
`14`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`15`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`17`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`711,128`**
**`27,944`**
**`255,107`**
**`283,051`**
**`(29,452)`**
**`253,599`**
**`964,727`**
**`964,727`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`49,823`**
**`49,823`**
**`-`**
**`49,823`**
**`49,823`**
**`49,823`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`711,128`**
**`27,944`**
**`304,930`**
**`332,874`**
**`(29,452)`**
**`303,422`**
**`1,014,550`**
**`1,014,550`**
**`964,727`**
**`49,823`**
**`1,014,550`**|`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`| |---|---|---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for the year ended 31 March 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 15 December 2022 and were signed on its behalf by: ``` ``` N J Mcclure - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 10 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022`** |`Notes`
**`Cash flows from operating activities`**
`Cash generated from operations`
`1`
`Net cash (used in)/provided by operating activities`
**`Cash flows from investing activities`**
`Purchase of tangible fixed assets`
`Sale of tangible fixed assets`
`Interest received`
`Net cash used in investing activities`
**`Change in cash and cash`**
**`equivalents in the reporting period`**
**`Cash and cash equivalents at the`**
**`beginning of the reporting period`**
**`Cash and cash equivalents at the`**
**`end of the reporting period`**|**`2022`**
**`£`**
**`(46,082)`**
**`(46,082)`**
**`(21,469)`**
**`-`**
**`659`**
**`(20,810)`**
**`(66,892)`**
**`371,822`**
**`304,930`**|`2021`
`£`
`267,609`
`267,609`
`(41,090)`
`2,050`
`738`
`(38,302)`
`229,307`
`142,515`
`371,822`| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 11 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022`** ## **`1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`** |**`Net (expenditure)/income for the reporting period (as per`**
**`the Statement of Financial Activities)`**
**`Adjustments for:`**
`Depreciation charges`
`Loss on disposal of fixed assets`
`Interest received`
`Increase in debtors`
`(Decrease)/increase in creditors`
**`Net cash (used in)/provided by operations`**|**`2022`**
**`£`**
**`(41,466)`**
**`21,549`**
**`-`**
**`(659)`**
**`(4,855)`**
**`(20,651)`**
**`(46,082)`**|`2021`
`£`
`216,606`
`20,334`
`13,679`
`(738)`
`(774)`
`18,502`
`267,609`| |---|---|---| ## `2.` **`ANALYSIS OF CHANGES IN NET FUNDS`** |**`Net cash`**
`Cash at bank and in hand`
**`Total`**|`At 1/4/21`
`£`
**`371,822`**
**`371,822`**
**`371,822`**|`Cash flow`
**`At 31/3/22`**
`£`
**`£`**
**`(66,892)`**
**`304,930`**
**`(66,892)`**
**`304,930`**
**`(66,892)`**
**`304,930`**| |---|---|---| ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ``` ## **`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 13 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022 ``` ## **`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`** |`Donations`
`Gift aid`
`Grants`
`Grants received, included in the above, are as follows:`
`Other grants`
**`3.`**
**`OTHER TRADING ACTIVITIES`**
`Fundraising events`
**`4.`**
**`INVESTMENT INCOME`**
`Deposit account interest`|**`2022`**
**`£`**
**`20,165`**
**`647`**
**`305,581`**
**`326,393`**
**`2022`**
**`£`**
**`305,581`**
**`2022`**
**`£`**
**`880`**
**`2022`**
**`£`**
**`659`**|`2021`
`£`
`24,530`
`-`
`565,995`|`2021`
`£`
`24,530`
`-`
`565,995`| |---|---|---|---| |||`590,525`|| |||`2021`
`£`
`565,995`|| ||||`2021`
`£`
`900`| ||||`2021`
`£`
`738`| ``` continued... ``` ``` Page 14 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`** ## **`5. INCOME FROM CHARITABLE ACTIVITIES`** |||||**`2022`**|`2021`| |---|---|---|---|---|---| |||`Activity`||**`£`**|`£`| ||`Charitable activities`|`Day Centre`||**`223,872`**|`167,706`| |**`6.`**|**`CHARITABLE ACTIVITIES`**|**`COSTS`**|||| ||||`Grant`||| ||||`funding of`||| ||||`activities`|`Support`|| |||`Direct`|`(see note`|`costs (see`|| |||`Costs`|`7)`|`note 8)`|`Totals`| |||`£`|`£`|`£`|`£`| ||`Day Centre`|**`102,498`**|**`2,500`**|**`488,272`**|**`593,270`**| |**`7.`**|**`GRANTS PAYABLE`**||||| |||||**`2022`**|`2021`| |||||**`£`**|`£`| ||`Day Centre`|||**`2,500`**|`71,612`| |**`8.`**|**`SUPPORT COSTS`**||||| |||||`Governance`|| |||`Management`|`Finance`|`costs`|`Totals`| |||`£`|`£`|`£`|`£`| ||`Day Centre`|**`466,615`**|**`3,360`**|**`18,297`**|**`488,272`**| |**`9.`**|**`NET INCOME/(EXPENDITURE)`**||||| ||`Net income/(expenditure) is`|`stated after charging/(crediting):`|||| |||||**`2022`**|`2021`| |||||**`£`**|`£`| ||`Depreciation - owned assets`|||**`21,548`**|`20,334`| ||`Other operating leases`|||**`14,529`**|`286`| ||`Deficit on disposal of fixed assets`|||**`-`**|`13,679`| ||`Independent examination and accounts`|||**`1,800`**|`1,560`| ## **`10. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022nor for the year ended 31 March 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2022norfortheyear ended 31 March 2021. ``` ``` continued... ``` ``` Page 15 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`** ## **`11. STAFF COSTS`** |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2022`**
**`£`**
**`327,558`**
**`14,859`**
**`4,788`**
**`347,205`**|`2021`
`£`
`258,475`
`9,446`
`3,917`| |---|---|---| |||`271,838`| ``` The average monthly number of employees during the year was as follows: ``` ||**`2022`**|`2021`| |---|---|---| |`Day Centre`|**`28`**|`23`| ``` Therearenoemployeeswhoreceivedtotalemployeebenefits(excludingemployerpension costs) of more than £60,000. ``` ## **`12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`INCOME AND ENDOWMENTS FROM`**
`Grants and donations`
**`Charitable activities`**
`Day Centre`
`Other trading activities`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Day Centre`
**`NET INCOME/(EXPENDITURE)`**
**`Transfers between funds`**
**`Net movement in funds`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`As previously reported`
`Prior year adjustment`
**`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`|`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`| ``` continued... ``` ``` Page 16 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`** ## **`13. TANGIBLE FIXED ASSETS`** |`Fixtures`
`Freehold`
`and`
`property`
`Equipment`
`fittings`
`£`
`£`
`£`
**`COST`**
`At 1 April 2021`
**`803,372`**
**`26,893`**
**`33,644`**
`Additions`
**`-`**
**`13,493`**
**`7,976`**
`At 31 March 2022`
**`803,372`**
**`40,386`**
**`41,620`**
**`DEPRECIATION`**
`At 1 April 2021`
**`139,302`**
**`7,128`**
**`18,598`**
`Charge for year`
**`7,722`**
**`4,989`**
**`5,756`**
`At 31 March 2022`
**`147,024`**
**`12,117`**
**`24,354`**
**`NET BOOK VALUE`**
`At 31 March 2022`
**`656,348`**
**`28,269`**
**`17,266`**
`At 31 March 2021`
`664,070`
`19,765`
`15,046`
**`14.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Prepayments`
**`15.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Other creditors`
`Accruals and deferred income`
`Accrued expenses`
**`16.`**
**`LEASING AGREEMENTS`**
`Minimum lease payments under non-cancellable operating leases fall due a`
`Within one year`
`Between one and five years`|`Minibuses`
`£`
**`34,750`**
**`-`**
**`34,750`**
**`22,424`**
**`3,081`**
**`25,505`**
**`9,245`**
`12,326`
**`2022`**
**`£`**
**`12,742`**
**`80`**
**`15,122`**
**`27,944`**
**`2022`**
**`£`**
**`15,802`**
**`5,095`**
**`1,245`**
**`-`**
**`7,310`**
**`29,452`**
`s follows:`
**`2022`**
**`£`**
**`13,750`**
**`16,042`**
**`29,792`**|`Totals`
`£`
**`898,659`**
**`21,469`**|`Totals`
`£`
**`898,659`**
**`21,469`**| |---|---|---|---| |||**`920,128`**|| |||**`187,452`**
**`21,548`**|| |||**`209,000`**|| |||**`711,128`**|| |||`711,207`|| ||||`2021`
`£`
`12,233`
`410`
`10,446`| ||||`23,089`| ||||`2021`
`£`
`15,812`
`3,092`
`1,335`
`26,569`
`3,294`| ||||`50,102`| ||||`2021`
`£`
`-`
`-`| ||||`-`| ``` continued... ``` ``` Page 17 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`** ## **`17. MOVEMENT IN FUNDS`** |**`MOVEMENT IN FUNDS`**|||| |---|---|---|---| |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`Transport Costs`
`Rebranding`
`Property update`
`CEO Support`
`Wellbeing Contract`
`Hub`
`Assets`
`Admin`
`Volunteer`
**`TOTAL FUNDS`**|`At 1/4/21`
`£`
**`331,119`**
**`711,206`**
**`1,042,325`**
**`250`**
**`8,761`**
**`4,680`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`13,691`**
**`1,056,016`**|`Net`
`Transfers`
`movement`
`between`
`in funds`
`funds`
`£`
`£`
**`(57,644)`**
**`(19,876)`**
**`(21,549)`**
**`21,471`**
**`(79,193)`**
**`1,595`**
**`-`**
**`-`**
**`(10,095)`**
**`1,334`**
**`(4,752)`**
**`72`**
**`13,125`**
**`-`**
**`3,001`**
**`(3,001)`**
**`770`**
**`-`**
**`1,808`**
**`-`**
**`14,000`**
**`-`**
**`19,870`**
**`-`**
**`37,727`**
**`(1,595)`**
**`(41,466)`**
**`-`**|`At`
`31/3/22`
`£`
**`253,599`**
**`711,128`**| ||||**`964,727`**
**`250`**
**`-`**
**`-`**
**`13,125`**
**`-`**
**`770`**
**`1,808`**
**`14,000`**
**`19,870`**| ||||**`49,823`**| ||||**`1,014,550`**| ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`Rebranding`
`Property update`
`CEO Support`
`Wellbeing Contract`
`NHS`
`CMS`
`Advocacy`
`Hub`
`Assets`
`Infection Control`
`Admin`
`Volunteer`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`274,234`**
**`-`**
**`274,234`**
**`1`**
**`-`**
**`15,000`**
**`132,000`**
**`4,700`**
**`5,000`**
**`13,376`**
**`6,270`**
**`18,633`**
**`8,640`**
**`31,200`**
**`42,750`**
**`277,570`**
**`551,804`**|`Resources`
`expended`
`£`
**`(331,878)`**
**`(21,549)`**
**`(353,427)`**
**`(10,096)`**
**`(4,752)`**
**`(1,875)`**
**`(128,999)`**
**`(4,700)`**
**`(5,000)`**
**`(13,376)`**
**`(5,500)`**
**`(16,825)`**
**`(8,640)`**
**`(17,200)`**
**`(22,880)`**
**`(239,843)`**
**`(593,270)`**|`Movement`
`in funds`
`£`
**`(57,644)`**
**`(21,549)`**
**`(79,193)`**
**`(10,095)`**
**`(4,752)`**
**`13,125`**
**`3,001`**
**`-`**
**`-`**
**`-`**
**`770`**
**`1,808`**
**`-`**
**`14,000`**
**`19,870`**
**`37,727`**
**`(41,466)`**| |---|---|---|---| ``` continued... ``` ``` Page 18 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`** ## **`17. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
`Fixed assets`
**`Restricted funds`**
`The Romney Marsh`
`Community Support`
`Hub`
`Transport Costs`
`Rebranding`
`Chairs and kitchen`
`equipment`
`Copier`
`Freezer and till`
`KCC Sports`
`Property update`
**`TOTAL FUNDS`**|`At 1/4/20`
`£`
`108,440`
`690,287`
`798,727`
`10,000`
`-`
`10,000`
`3,794`
`750`
`246`
`-`
`-`
`24,790`
`823,517`|`Prior`
`year`
`adjustment`
`£`
`-`
`15,893`
`15,893`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`15,893`|`Net`
`movement`
`in funds`
`£`
`257,337`
`(34,013)`
`223,324`
`(10,000)`
`250`
`(1,239)`
`-`
`-`
`(246)`
`(163)`
`4,680`
`(6,718)`
`216,606`|`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`|`At`
`31/3/21`
`£`
`331,119`
`711,206`| |---|---|---|---|---|---| ``` 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`
`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`| |---|---|---|---| ``` TheRomneyMarshCommunityHub-Wehavereceived£8,569fromKentCommunity Foundation, £53,770fromFolkestone&HytheDistrictCounciland£500fromHelpingHandsto improve, expandandrebuildtheservicessuppliedbytheCommunityHubduringthecontinuationof the effects of the covid pandemic. £14,770 of these grants is for the period after 31st March 2022. ``` ``` continued... ``` ``` Page 19 ``` ``` ROMNEY MARSH COMMUNITY HUB ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022 ``` ## **`17. MOVEMENT IN FUNDS - continued`** ``` Inadditiontotheabovewereceived£8,640fromKentCountyCounciltomanageand supply testingservicesandotherprotectionitemsforallstaffandvolunteerswhoworkatorfor the Community Hub to protect the health of those using the services. All this money has been spent. ``` ``` Rebranding-InAugust2019wereceived£10,000fromtheNationalLotterytofacilitate a fresheningoftheimageoftheDayCentreincludinglogosandsigns.Themoneywasdueto be spentwithinayearandsomepreliminaryconsultationdidtakeplaceduringthatyear.The covid 19situationincreased,withtheNationalLottery'spermission,thetimeittooktocomplete this rebranding but that task has now been completed and all the balance of funds spent this year. ``` ``` Assets-£4,680fromKentCommunityFoundationforabathroomconversion.£250forperspex to beinstalledintheminibusfromCllrRolfe.£11,377fromMagnoxforserverequipment.Tony Hill £3,000,CllrHills£500andCllrRolfe£448forthepurchaseofanewdishwasher.Cole Charitable Trust£1,500forchairs.£1,808fromFolkestone&HytheDistrictCouncilforthepurchaseof a fridge.Allthesefundswerespentduringtheyearexcepttheperspex£250andfridge £1,808 donations. ``` ``` CommunityMealsServices-ThePhilipFoundationkindlygave£5,000tosupporttheprovision of community meals from The Hub during the year. ``` ``` CEOSupport-ColyerFergusongenerouslygavea£15,000granttowardsthesalaryoftheCEO for a year. £13,125 of this grant s for the period after 31st March 2022. ``` ``` VolunteerManagementandVolunteers-TheEdwardGoslingFoundation£5,000,Southern Water £8,000andLittleCheyneWindfarm£5,000gavefundstowardsthesalarycostsofour volunteer manager.AgeUKHythe&Lymnige£10,750,PargiterTrust£4,000andNationalLottery £10,000 towardssupporting,trainingandlookingafterourvolunteersincludinggettingaccreditationfor the methodsweuse.Includedinthisfundingis£19,869whichisfortheperiodbeyond31st March 2022. ``` ## **`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 31 March 2022. ``` ## **`20. COMPANY GUARANTORS`** ``` The extent of each guarantee is limited to £1. The company guarantors are the serving trustees. ``` ``` Page 20 ```