##
##
|Trustees|||LBHarwood||(Chair)|(Chair)||||
|---|---|---|---|---|---|---|---|---|---|
||||J Hunter|||||||
||||M A Lishman|||||||
||||E LPlachciak|||||||
||||J Lunn||||(Appointed|12 November|2020)|
||||N Saulle||||(Appointed|12 November|2020)|
|Charity|number||1100976|||||||
|Company||number|04777720|||||||
|Registered||office|21-23 Blackburn|||Road||||
||||Accrington|||||||
||||BB51HF|||||||
|Chief executive officer|||Amanda
Greenwood|||||||
|Auditor|||R P Smith &||Co|||||
||||2 Southpoit||Road|||||
||||Chorley|||||||
||||Lancashire|||||||
||||PR7 1LB|||||||
|Bankers|||Unity Trust Bank|||||||
||||Nine Brindleyplace|||||||
||||Birmingham|||||||
||||B1 2HB|||||||
|Solicitors|||Robinson's|Solicitors||||||
||||Beckett House|||||||
||||17Sovereign||Court|||||
||||Wyrefields|||||||
||||Poulton|||||||
||||FY6SJX|||||||
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||||Page|
|---|---|---|---|
|Chairperson's|report|||
|Chief Executive Officer's report||||
|Trustees'
report|||4-12|
|Statement
of|trustees'|responsibilities||
|Independent|auditor's|report|13-15|
|Statement
of|financial|activities|16|
|Balance sheet|||17|
|Statement
of|cash flows||18|
|Notes to the|financial|statements|19-32|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2021|2021|2021|2020|2020|2020|
|||Notes||8|6|8|6|||
|n|owments||f|||||||
|Donations
and legacies|||3|39,079||39,079|13,107||13,107|
|Charitable
activities|||4|1,818,434|502,566|2,321,000|1,409,116|696,303|2,105,419|
|Other trading
activities|||5|10,459||10,459|25,071||25,071|
|Investments|||6|3,380||3,380|1,975||1,975|
|Other income|||7||||19,536||19,536|
|Total income||||1,871,352|502,566|2,373,918|1,468,805|696,303|2,165,108|
|~Edit||||||||||
|Raising funds||||39,075||39,075|53,343||53,343|
|Charitable
activities|||9|1,980,915|392,512|2,373,427|1,826,768|676,630|2,503,398|
|Total resources||||||||||
|expended||||2,019,990|392,512|2,412,502|1,880,111|676,630|2,556,741|
|Net gains/(losses)||on||||||||
|investments|||12|1,069||1,069|(2,537)||(2,537)|
|Net (outgoing)/||||||||||
|incoming
resources||||||||||
|before transfers||||(147,569)|110,054|(37,515)|(413,843)|19,673|(394,170)|
|Gross transfers||||||||||
|between
funds||||13,905|(13,905)||31,984|(31,984)||
|Net movement|in|funds||(133,664)|96,149|(37,515)|(381,859)|(12,311)|(394,170)|
|Fund balances at 1||||||||||
|April 2020||||808,635|78,121|886,756|1,190,494|90,432|1,280,926|
|Fund balances|at|31||||||||
|March 2021||||674,971|174,270|849,241|808,635|78,121|886,756|
##
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f|F|f||
|Fixed assets|||||||||
|Tangible assets||||14||245,312||247,019|
|Investments||||15||19,723||15,592|
|||||||265,035||262,611|
|Current assets|||||||||
|Debtors||||16|313,093||203,888||
|Cash at bank and|in|hand|||486,880||650,545||
||||||799,973||854,433||
|Creditors: amounts||falling due within|||||||
|one year||||17|(215,767)||(230,288)||
|Net current assets||||||584,206||624,145|
|Total assets less|current||liabilities|||849,241||886,756|
|Income funds|||||||||
|Restricted funds||||22||174,270||78,121|
|Unrestricted
funds|||||||||
|Designated
funds||||20|150,000||133,500||
|General
unrestricted||funds|||524,971||675,135||
|||||||674,971||808,635|
|||||||849,241||886,756|
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||||||2021|||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|F||F|||
|Cash flows from operating||activities||||||||
|Cash absorbed
by operations||||25||(163,983)|||(30,005)|
|Investing|activities|||||||||
|Proceeds|on disposal oftangible||fixed|||||||
|assets|||||||119,536|||
|Purchase|of investments||||(3,062)|||||
|Investment|income received||||3,380||1,975|||
|Net cash|generated
from investing|||||||||
|activities||||||318|||121,511|
|Net cash|used in financing|activities||||||||
|Net (decrease)/increase
in||cash and cash||||||||
|equivalents||||||(163,665)|||91,506|
|Cash and|cash equivalents|at beginning||ofyear||650,545|||559,039|
|Cash and|cash equivalents|at|end ofyear|||486,880|||650,545|
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##
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2020|
|||||6||
|Donations|and gifts|||39,079|13,107|
|Charitable||activities||||
|||||Charitable|Charitable|
|||||activities|activities|
|||||2021|2020|
|||||f|6|
|Courses||||7,899|1,270|
|Services|provided||under contract|1,801,280|2,100,130|
|Performance||related grants||511,821|4,019|
|||||2,321,000|2,105,419|
|Analysis|by|fund||||
|Unrestricted||funds||1,818,434|1,409,116|
|Restricted|funds|||502,566|696,303|
|||||2,321,000|2,105,419|
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|||Unrestricted|Unrestdcted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|||5|5|
|Fundraising|events|5,450|18,851|
|Shop income|||2,945|
|Other income||5,009|3,275|
|Other trading|activities|10,459|25,071|
|6|Investments||||||
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2021|2020|
||||||6|F|
||Interest receivable||||3,380|1,975|
|7|Other income||||||
||||||Total|Unrestricted|
|||||||funds|
||||||2021|2020|
||||||6|f|
||I4et gain on|disposal oftangible||fixed assets||19,536|
|8|Raising funds||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2021f|2020
5|
||Fundraisin|and|ublicit||||
||Staging fundraising||events||639|6,424|
||Staff costs||||38,436|46,919|
||Fundraising|and publicity|||39,075|53,343|
||||||39,075|53,343|
##
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|Analysis ofcharitab|le|expenditure|||
|---|---|---|---|---|
||||Charitable|Charitable|
||||activities|activities|
||||2021|2020|
||||f|f|
|Staff costs|||1,756,117|1,778,433|
|Training costs|||5,529|22,999|
|Volunteer expenses|||217|4,343|
|Tutor, course fees and||bank staff|8,820|6,423|
|IT and communication||costs|78,635|75,405|
|Books and leaflets|||5,457|3,666|
|Travelling costs|||5,317|37,929|
|Rent, rates, utilities|and room hire||30,061|62,018|
|Repairs and renewals|||28,467|49,286|
|Postage,
stationery|and office costs||1,828|10,561|
|Sundry expenses|||5,528|16,237|
|Bursary payments||||2,800|
|Subcontracted
services|||138,992|147,302|
|Insurance|||9,839|11,486|
|Bank charges|||757|1,108|
|Other charitable
expenditure|||35,405|6,213|
||||2,110,969|2,236,209|
|Share ofsupport costs||(see note 10)|197,011|232,064|
|Share ofgovernance|costs (see note 10)||65,447|35,125|
||||2,373,427|2,503,398|
|Analysis
by fund|||||
|Unrestricted
funds|||1,980,915|1,826,768|
|Restricted
funds|||392,512|676,630|
||||2,373,427|2,503,398|
|For the year ended|31 March 2020||||
|Unrestricted
funds|||1,826,768||
|Restricted
funds|||676,630||
||||2,503,398||
##
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##
|Support co|sts||||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2021|Support|Governance|2020|
||||costs|costs||costs|costs||
||||F|8||f|F||
|Staff costs|||197,011||197,011|232,064||232,064|
|Audit fees||||2,200|2,200||2,200|2,200|
|Accountancy||||5,364|5,364||5,732|5,732|
|Professional|fees|||53,295|53,295||24,046|24,046|
|Staff recruitment||costs||2,881|2,881||1,440|1,440|
|Depreciation||||1,707|1,707||1,707|1,707|
||||197,011|65,447|262,458|232,064|35,125|267,189|
|Analysed
between|||||||||
|Charitable
activities|||197,011|65,447|262,458|232,064|35,125|267,189|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2021|2020|
|F|F|
|1,069|(2,537)|
##
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|and part tim|e staff):|||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Charitable|activities|91|92|
|Employment
costs||2021|2020|
||||6|
|Wages and|salaries|1,810,467|1,873,991|
|Social security costs||144,908|149,880|
|Other pension costs||36,189|33,545|
|||1,991,564|2,057,416|
##
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##
|Tangible fix|ed assets||||||
|---|---|---|---|---|---|---|
|||Freehold
land|Leasehold|Fixtures and|Equipment|Total|
|||and huildmgs|land and|fittings|||
||||buildings||||
||||F||||
|Cost|||||||
|At 1 April 2020||116,000|125,156|57,152|34,740|333,048|
|At 31 March|2021|116,000|125,156|57,152|34,740|333,048|
|Depreciation|and impairment||||||
|At 1 April 2020||||54,896|32,840|87,736|
|At 31 March|2021|||54,896|32,840|87,736|
|Carrying
amount|||||||
|At 31 March|2021|116,000|125,156|2,256|1,900|245,312|
|At 31 March|2020|116,000|125,156|2,538|3,325|247,019|
##
##
|15|Fixed asset investme|nts||||
|---|---|---|---|---|---|
||||||Listed|
||||||investments|
||||||F|
||Cost or valuation|||||
||At 1 April 2020||||15,592|
||Additions||||3,062|
||Valuation
changes||||1,069|
||At 31 March 2021||||19,723|
||Carrying
amount|||||
||At 31 March 2021||||19,723|
||At 31 March 2020||||15,592|
|16|Debtors|||||
|||||2021|2020|
||Amounts
falling due|within one year:||F.|6|
||Trade debtors|||239,141|126,506|
||Other debtors|||63,753|52,500|
||Prepayments
and accrued income|||10,199|24,882|
|||||313,093|203,888|
|17|Creditors: amounts|falling due within one year||||
|||||2021|2020|
||||Notes|8||
||Deferred
income||18|114,603|67,690|
||Trade creditors|||20,579|16,060|
||Gross amounts
owed|to contract customers|||62,197|
||Other creditors|||70,239|41,934|
||Accruals and deferred|income||10,346|42,407|
|||||215,767|230,288|
|18|Deferred income|||||
|||||2021|2020|
|||||f|6|
||Deferred contract income|||114,603|67,690|
##
##
##
##
|||||Movement||||
|---|---|---|---|---|---|---|---|
|||||in funds||||
||||Balance at|Incoming|Balance at|Transfers|Balance at|
|||1|April 2019|resources|1 April 2020||31 March 2021|
||||E|E|E|E|E|
|Designated|fund||133,500||133,500|16,500|150,000|
||||133,500||133,500|16,500|150,000|
##
|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||E|E|E|F|E|E|
|Fund balances at 31||||||||
|March 2021|are|||||||
|represented|by:|||||||
|Tangible assets||245,312||245,312|247,019||247,019|
|Investments||19,723||19,723|15,592||15,592|
|Current assets/||||||||
|(liabilities)||409,936|174,270|584,206|546,024|78,121|624,145|
|||674,971|174,270|849,241|808,635|78,121|886,756|
##
##
##
|||||Movement|Movement|in funds|||
|---|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources||Transfers|Balance at|
||||1 April 2020|resources|expended|||31 March 2021|
||||6|6||6||6|
|Lottery Digital Fund|||16,988|97,267|(70,298)|||43,957|
|BBOAge of Opportunity|||4,678|34,470|(19,819)|||19,329|
|BBOinvest
ln Youth|||706|9,231|(16,236)||6,299||
|ES IF|||26,847|23,460|(22,960)|||27,347|
|Int Comm SAsian Women|||2,715|||(5,571)|2,856||
|Preston
Community|Network||6,299|3,000||(9)||9,290|
|Smallwood
Trust- Unlock Your|||||||||
|Potential|||4,804|||(876)||3,928|
|Culture
Club|||8,113||||(8,113)||
|BUPA|||2,678|13,316||(70)||15,924|
|FOWSA|||2,208||||(2,208)||
|Smallwood
-Setto|Go and Covid 19||||||||
|Response|||2,085|24,998||(18,924)||8,159|
|B&Q Foundation||||5,000||(44)||4,956|
|BBOChanging
Futures||||107,004||(95,261)|(11,743)||
|Big Lottery - Positive Outcomes
Women||For||77,751||(61,622)|(996)|15,133|
|BWD Complex Case Hub||||30,000||(23,284)||6,716|
|Smallwood
Trust- Barclays Life||Skills||33,742||(23,595)||10,147|
|Starting
Well||||43,327||(33,943)||9,384|
||||78,121|502,566|(392,512)||(13,905)|174,270|
##
##
##
##
##
||There were no disclosable
related|party|transactions|transactions|during|during|the year (2020- none).|||
|---|---|---|---|---|---|---|---|---|---|
|24|Analysis ofchanges
in net funds|||||||||
||The charity had no debt during the|year.||||||||
|25|Cash generated
from operations|||||||2021|2020|
|||||||||8|f.|
||Deficit for the year|||||||(37,515)|(394,170)|
||Adjustments
for:|||||||||
||Investment
income recognised
in statement|||offinancial||activities||(3,380)|(1,975)|
||Gain on disposal oftangible
fixed assets||||||||(19,536)|
||Fair value gains and losses on investments|||||||(1,069)|2,537|
||Depreciation
and impairment
oftangible||fixed assets|||||1,707|1,707|
||Movements
in working
capital:|||||||||
||(Increase)/decrease
in debtors|||||||(109,205)|287,663|
||(Decrease)/increase
in creditors|||||||(61,434)|81,400|
||Increase
in deferred
income|||||||46,913|12,369|
||Cash applied to operations|||||||(163,983)|(30,005)|