| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balanc'e Sheet | 10 | to | 11 |
| Notes to the Financial Statements | 12 | to | 20 |
| Detailed Statement ofFinancial Activities | 21 | to | 22 |
| FOR YEAR |
E KD DECEMBER |
2021 | ||||
|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | fullds | |||
| Notes | f. | f. | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
62,590 | 63,399 | 125,989 | 96P24 | ||
| Charitable activities |
||||||
| St.George's Centre | 68,945 | 68,945 | 47,868 | |||
| Loco Youth Centre | 17,724 | 17,724 | 8,156 | |||
| Other trading activities | 1,627 | 3440 | 4,867 | 7,624 | ||
| Investment income |
5 | 5 | 6 | |||
| Total | 133,167 | 84,363 | 217,530 | 159,878 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| St.George's Centre | 92,637 | 19,346 | 111,983 | 108,885 | ||
| Loco Youth Centre | 8,530 | 60,730 | 69460 | 19,422 | ||
| Total | 101,167 | 80,076 | 181,243 | 128,307 | ||
| NET INCOME | 32,000 | 4,287 | 36,287 | 31,571 | ||
| Transfers betWetin funds |
16 | (220) | 220 | |||
| Net movement in funds |
31,780 | 4,507 | 36787 | 31,571 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 101,848 | 639,184 | 741,032 | 709,461 | |
| TOTAL FUNDS CARRIED FORWARD | 133,628 | 643,691 | 777,319 | 741,032 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 6 | f, | |||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 204,746 | 594,235 | 798,981 | 602,369 |
| CURRENT ASSETS | |||||
| Debtors | 10 | 6,950 | 3,609 | 10,559 | 6,597 |
| Cash at bank | 76,002 | 54,530 | 130,532 | 150,479 | |
| 82,952 | 58,139 | 141,091 | 157,076 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (6,547) | (8,683) | (15/30) | (18,413) |
| NET CURRENT ASSETS | 76,405 | 49,456 | 125,861 | 138,663 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 281,151 | 643,691 | 924,842 | 741,032 | |
| CREDITORS | |||||
| Amounts falling due atter more tliah one year |
12 | (147,523) | (147,523) | ||
| NET ASSETS | 133,628 | 643,691 | 777,319 | 741,032 | |
| FUNDS | 16 | ||||
| Unrestricted funds |
133,628 | 101,848 | |||
| Restricted funds | 643,691 | 639,184 | |||
| TOTALFUNDS | 777,3]9 | 741,032 |
| DONATIO | NS | AND LE | GACIES | ||
|---|---|---|---|---|---|
| 31.12.21 | 31,12,20 | ||||
| f, | |||||
| Donations | 29,477 | 18,370 | |||
| Grants | 96,512 | 77,854 | |||
| 125,989 | 96,224 | ||||
| Grants received, | included | in the above, are as follows: | |||
| 31.12,21 | 31.12,20 | ||||
| 8 | f. | ||||
| Gedling Borough Council | 45,682 | 50,677 | |||
| Nottinghamshire | County | Council | 18,036 | 13,460 | |
| Active Partners | Trust | 2,357 | 2,357 | ||
| Other | 30,437 | 11,360 | |||
| 96,512 | 77,854 | ||||
| OTHER TRADING ACTIVITIES | |||||
| 31.12,21 | 31.12.20 | ||||
| f. | 8 | ||||
| Fundraising | events | 4,867 | 7,624 | ||
| INVESTMENT | INCOME | ||||
| 31 1221 | 31 1220 | ||||
| Deposit account | interest | 5 | 6 |
| SUPPORT | COSTS | |||||||
|---|---|---|---|---|---|---|---|---|
| Governance | ||||||||
| costs | ||||||||
| f. | ||||||||
| St.George's | Centre | 3,636 | ||||||
| Loco Youth | Centre | 5,191 | ||||||
| 8,827 | ||||||||
| Support costs, included | in the above, are as follows; | |||||||
| 31.12.21 | 31.12.20 | |||||||
| St, | Loco | |||||||
| George' s | Youth | Total | Total | |||||
| Centre | Centre | activities | activities | |||||
| Accountancy | and legal fees | 3,120 | 3,120 | 3,030 | ||||
| Interest payable and similar charges | 516 | 5,191 | 5,707 | 522 | ||||
| ' | ||||||||
| 3,636 | 5,191 | 8,827 | 3,552 | |||||
| NET INCOME/(EXPENDITURE) | ||||||||
| Net income/(expenditure) | is stated atter charging/(crediting): | |||||||
| 31.12.21 | 31.12.20 | |||||||
| f | ||||||||
| Depreciation | - owned assets | 27,604 | 19,434 | |||||
| Hire ofplant | and machinery | 1,411 | 1,423 | |||||
| Independent | Examination | Fees | 3,120 | 3,030 |
| STAFFCOSTS | |||||||
|---|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | ||||||
| f, | |||||||
| Wages and salaries | 49,539 | 47,401 | |||||
| 49,539 | 47,401 | ||||||
| ' | The average monthly | number ofemployees | during | the year was as follows. | ' | ||
| 31.12.21 | 31.12,20 | ||||||
| Employees | 6 | 6 |
| TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Plant and | and | Computer | ||
| property I |
machinery 6 |
fittings | equipment f. |
Totals | |
| COST | |||||
| At 1 January 2021 | 897,417 | 9,007 | 31,608 | 938,032 | |
| Additions | 205,000 | 11,527 | 7,689 | 224,216 | |
| At 31 December 2021 | 1,102,417 | 9,007 | 43,135 | 7,689 | 1,162,248 |
| DEPRECIATION | |||||
| At 1 January 2021 | 303,468 | 9,007 | 23,188 | 335,663 | |
| Charge for year | 22,048 | 2,993 | 2,563 | 27,604 | |
| At 31 December 2021 | 325,516 | 9,007 | 26,181 | 2,563 | 363,267 |
| NET BOOK VALUE | |||||
| At 31December 2021 | 776,901 | 16,954 | 5,126 | 798,981 | |
| At 31 December 2020 | 593;949 | 8,420 | 602,369 | ||
| DEBTORS;AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.12.21 | 31.12.20 | ||||
| g: | 8 | ||||
| Trade debtors | 5,588 | 4,238 | |||
| Other debtors | 3,887 | ||||
| Prepayments and accrued income |
1,084 | 2,359 | |||
| 10,559 | 6,597 | ||||
| CREDITORS: AMOUNTS FALLING DUE | WITHIN ONE YEAR | ||||
| 31,12,21 | 31.12.20 | ||||
| f, | |||||
| Bank loans and overdrafis (see note | 13) | 11,157 | 8,006 | ||
| Trade creditors | 953 | 198 | |||
| Accruals and deferred income | 3,120 | 10/09 | |||
| 15,230 | 18,413 |
| 12. | CREDITORS: AMOUNTS | FALLING DUK AFTER MORE TH | AN ONE YEAR | |
|---|---|---|---|---|
| 31,12.21 | 31.12.20 | |||
| f. | ||||
| Bank loans (see note 13) | 147,523 | |||
| 13. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 31.12.21 | 31.12,20 | |||
| Amounts falling due within one year on demand; |
||||
| Bank overdrafts | 8,682 | 8,006 | ||
| Bank loans | 2,475 | |||
| 11,157 | 8,006 | |||
| Amounts falling between one |
and two years: | |||
| Bank loans - 1-2years | 3,858 | |||
| Amounts falling due between |
two and five years: | |||
| Bank loans - 2-5 years | 12,522 | |||
| Amounts falling due in more than five years; |
||||
| Repayable by instalments: |
||||
| Bank loans more 5 yr by instal | 131,143 |
| 31.12.21 | 31.12,20 | |||
|---|---|---|---|---|
| Witldn one year | 1,339 | 2,150 | ||
| Between one | and five years | 3,683 | 2,150 | |
| 5,022 | 4,300 | |||
| SECURED DEBTS | ||||
| The following | secured debts are included | within creditors; | ||
| 31.12.21 | 31.12,20 | |||
| 8 . | ||||
| Bank loans | 149,998 | |||
| The Charity Bank Ltd has a fixed charge | over StGeorge's Centre. |
| MOVEMEN | T IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | betweon | At | |||
| At 1.1,21 | in funds | funds | 31.12.21 | ||
| I | |||||
| Unrestricted | funds | ||||
| General fund | 101,848 | 32,000 | (220) | 133,628 | |
| Restricted funds | |||||
| Youth | 10,698 | 21,507 | 32,205 | ||
| Youth Centre | Equipment | 1,058 | (851) | 207 | |
| Property | 592,661 | (17848) | 574,713 | ||
| Shunters refurbishment |
36 | (256) | 220 | ||
| Big Lottery | 608 | (292) | 316 | ||
| New Iluild | 34,123 | 2,127 | 36/50 | ||
| 639,184 | 4/87 | 220 | 643,691 | ||
| TOTAL FUNDS | 741,032 | 36,287 | 777,319 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund |
133,167 | (101,167) | 32,000 | ||
| Restricted funds | |||||
| Youth | 45,293 | (23,786) | 21,507 | ||
| Youth Centre | Equipment | (851) | (851) | ||
| Property | (17,948) | (17,948) | |||
| Shunters refurbishment |
(256) | (256) | |||
| BigLottery | (292) | (292) | |||
| New Build | 39,070 | (36,943) | 2,127 | ||
| 84,363 | (80,076) | 4,287 | |||
| TOTAL FUNDS | 217,530 | (181,243) | 36,287 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.1.20 | in funds | 31,12.20 | ||||
| f. | f | |||||
| Unrestricted | funds | |||||
| General fund |
73,852 | 27,996 | 101,848 | |||
| Restricted fands | ||||||
| Youth | 581 | 10,117 | 10,698 | |||
| Youth Centre | Equipment | 1,058 | 1,058 | |||
| Property | 610,609 | (17,948) | 592,661 | |||
| Shunters refurbishment, | . | 529 | (493) | 36 | ||
| Big Lottery | 716 | (108) | 608 | |||
| New Build | 23,174 | 10,949 | 34,123 | |||
| 635,609 | 3,575 | 639,184 | ||||
| TOTAL FUNDS | 709,461 | 31,571 | 741,032 | |||
| 'Comparative | net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| 8 | ||||||
| Unrestricted | funds | |||||
| General fund | 110,733 | (82,737) | 27,996 | |||
| Restricted funds | ||||||
| Youth | 29,539 | (19,422) | 10,117 | |||
| Youth Centre | Equipment | 2,357 | (1,299) | 1,058 | ||
| Property | (17,948) | (17,948) | ||||
| Shunters refurbishment |
(493) | (493) | ||||
| BigLottery | (108) | (108) | ||||
| New Build | 17449 | (6,300) | 10,949 | |||
| 49,145 | (45,570) | 3,575 | ||||
| TOTAL FUNDS | 159,878 | (128,307) | 31,571 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1,1,20 | in funds | funds | 31.12,21 | |||
| 8 | 8 | |||||
| Unrestricted | funds | |||||
| General | fund | 73,852 | 59,996 | (220) | 133,628 | |
| Restricted funds | ||||||
| Youth | 581 | 31,624 | 32405 | |||
| Youth Centre | Equipment | 207 | 207 | |||
| Property | 610,609 | (35,896) | 574,713 | |||
| Shunters | refurbishment | 529 | (749) | 220 | ||
| BigLottery | 716 | (400) | 316 | |||
| New Build | 23,174 | 13,076 | 36,250 | |||
| 635,609 | 7,862 | 220 | 643,691 | |||
| TOTAL | FUNDS | 709,461 | 67,858 | 777,319 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f. | |||||
| Unrestricted | funds | ||||
| General fund | 243,900 | (183,904) | 59,996 | ||
| Restricted funds | |||||
| Youth | 74,832 | (43408) | 31,624 | ||
| Youth Centre | Equipment | 2,357 | (2,150) | 207 | |
| Pmperty | (35,896) | (35,896) | |||
| Shunters refurbishment | (749) | (749) | |||
| BigLottery | (400) | (400) | |||
| New Build | 56,319 | (43343) | 13,076 | ||
| 133,508 | (125,646) | 7,862 | |||
| TOTAL FUNDS | 377,408 | (309,550) | 67,858 | ||
| Purposes ofrestricted | funds |
| 31,12,21 | 31.12.20 | |||
|---|---|---|---|---|
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Donations | 29,477 | 18,370 | ||
| Grants | 96,512 | 77,854 | ||
| 125,989 | 96,224 | |||
| Other trading activities |
||||
| Fundraising events |
4,867 | 7,624 | ||
| Investment income |
||||
| Deposit account | interest | |||
| Charitable activities |
||||
| Cafe sales | 23,168 | 21,674 | ||
| Room hire | 59,632 | 33,588 | ||
| Printing and photocopying |
487 | 473 | ||
| Room re&eshments | 2,557 | 259 | ||
| Equipment hire |
260 | 30 | ||
| Sundry income | 565 | |||
| 86,669 | 56,024 | |||
| Total incoming | resources | 217,530 | 159,878 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Payroll costs | 49,539 | 47,401 | ||
| Hire ofplant and | machinery | 1,411 | 1,423 | |
| Rent, rates and water | 8,989 | 8,307 | ||
| Insurance | 6,353 | 7,103 | ||
| Light and heat | 8,394 | 12,899 | ||
| Telephone | 4,179 | 2332 | ||
| Postage and stationery | 486 | 696 | ||
| Advertising | 112 | |||
| Sundries | 894 | 513 | ||
| Catering supplies | 8,101 | 4,914 | ||
| Cleaning and hygiene |
2,198 | 1,846 | ||
| Equipment purchase |
1,168 | 71 | ||
| Event costs | 111 | |||
| Health and safety | 277 | 351 . | ||
| Licences | 20 | 20 | ||
| Payroll service | 1,044 | 1,082 | ||
| Premises maintenance | 39,289 | 5,816 | ||
| Security | 3273 | 1,004 | ||
| Subscriptions | 53 | |||
| Legal and professional | fees | 3,826 | 6,300 | |
| Carried forward | 139,441 | 102,354 |
| FORTHE | AT T AC I ARE ED31DECEMB 2021 |
ES | |
|---|---|---|---|
| 31.12.21 | 31.12,20 | ||
| Charitable activities |
|||
| Brought forward | 139,441 | 102,354 | |
| Grants and donations Training fees |
1,225 48 |
||
| Travel | 557 | ||
| Waste disposal | 1,917 | 1,694 | |
| Sofiware costs | 2,897 | ||
| Freehold property | 22,048 | 17,948 | |
| Long leasehold | 254 | ||
| Fixtures and fittings | 2,739 | 1,486 | |
| Computer equipment |
2,563 | ||
| 172,416 | 124,755 | ||
| Support costs | |||
| Governance | cOsts | ||
| Accountancy Bank charges |
and legal fees | 3,120 516 |
3,030 522 |
| Bank loan interest | 4,430 | ||
| Loan charges | 761 | ||
| 8,827 | 3,552 | ||
| Total resources | expended | 181/43 | 128;307 |
| Net income | 36,287 | 31,571 |