| Pages | |||||||
|---|---|---|---|---|---|---|---|
| 2to | 13 | ||||||
| Trustees' | Annual | Report | |||||
| 14 | |||||||
| Independent | Examiner's | Report | |||||
| 15 | |||||||
| Statement | of Financial Activities | ||||||
| Summary | Income | and Expenditure | Account | 16 17 |
|||
| Balance Sheet | |||||||
| 18 | |||||||
| Statement | ofCash flows | ||||||
| 19to 27 | |||||||
| Notes to | the Accounts | ||||||
| Detailed | Statement of Financial Activities | 28to 29 |
| c a | cL dN% tsh | xuax | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| income and | endowments | Notes | E | E | E | E |
| from: | ||||||
| Donations and legacies Charitable activities Other trading activities Investments Other |
2,263 80,589 2,580 6 1,081 |
129 71,046 1,500 |
2,392 151,635 2,580 6 2,581 |
1,277 139,613 7 1,311 |
||
| Total | 86,519 | 72,675 | 159,194 | 142,208 | ||
| Expenditure | on: | |||||
| Charitable Other |
activities | 9 10 |
193 75,101 |
33,829 34,253 |
34,022 109,354 |
5,152 112,093 |
| Total | 75,294 | 68,082 | 143,376 | 117,245 | ||
| Net gains on | investments | |||||
| Net income | 11,225 | 4,593 | 15,818 | 24,963 | ||
| Transfers between funds |
||||||
| Net income before other | ||||||
| gains((losses) | 11,225 | 4,593 | 15,818 | 24,963 | ||
| Other gains and losses | ||||||
| Net movement in funds |
11,225 | 4,593 | 15,818 | 24,963 | ||
| Reconciliation | offunds: | |||||
| Total funds brought forward | 92,195 | 30,763 | 122,958 | 97,995 | ||
| Total funds carried forward | 103,420 | 35,356 | 138,776 | 122,958 |
| for the year | ended 31March 2022 | ||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Income | 159,188 | 142,201 | |
| Interest and | investment income |
||
| Gross income for the year | 159,194 | 142,208 | |
| Expenditure | 142,676 | 116,733 | |
| Depreciation impairment |
and charges for offixed assets |
700 | 512 |
| Total expenditure forthe year |
143,376 | 117,245 | |
| Net income | before tax forthe year | 15,818 | 24,963 |
| Net income | for the year | 15,818 | 24,663 |
| Company No. 03827654 |
Company No. 03827654 |
Company No. 03827654 |
Notes | 2022 | 2021 |
|---|---|---|---|---|---|
| Fixed assets | f | f | |||
| Tangible assets | 13 | 3378 | 3,214 | ||
| Current assets | 3,378 | 3,214 | |||
| Debtors Cash at bank and |
in hand | 14 | 21,418 166,221 |
15,569 128,222 |
|
| Creditors: Amount falling due within one year Net current assets Total assets less current liabilities |
15 | 187,639 (52,241) 135,398 138,776 |
143,791 (24,047) 119,744 122,958 |
||
| Net assets exduding | pension asset or liability | 138,776 | 122,958 | ||
| Total net assets | 138,776 | 122.938 | |||
| The funds ofthe charity | |||||
| Restricted funds | 16 | ||||
| Restricted income | funds | 35,356 | 30,763 | ||
| Unrestricted funds |
16 | 35,356 | 30,763 | ||
| General funds Designated funds |
27,054 76,366 |
43,020 49,175 |
|||
| 103,420 | 92,195 | ||||
| Reserves | 16 | ||||
| Total funds | 138,776 | 122,938 |
| lymouth 5 Devon Racial Equality Council Statement ofCash flows for the year ended 31March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Cash flows from operating activities Net income per Statement ofFinancial Activities |
15,818 | 24,963 |
| Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from investments |
700 (2,587) |
512 (1,318) |
| Other gainsilosses Increase in trade and other receivables Increase in trade and other payables |
(5,849) 28,194 |
(13,072) 12,881 |
| Net cash provided by operating activities |
36,276 | 23,966 |
| Cash flows from investing activities Payments for property, plant and equipment Dividends, interest and rents from investments |
(864) 2,587 |
(1,998) 1,318 |
| Net cash from/(used in) investing activities |
1,723 | (680) |
| Net cash from financing activities |
||
| Net increase in cash and cash equivalents | 37,999 | 23,286 |
| Cash and cash equivalents at the beginning ofthe year |
128,222 | 104,936 |
| Cash and cash equivalents at the end ofthe year |
166,221 | 128,222 |
| Components ofcash and cash equivalents Cash and bank balances |
166,221 | 128,222 |
| 166,221 | 128,222 |
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 102)(effective 1}anuary 2015) -(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the UK and Republic ofIreland (FRS102)and the Companies Act 2006. |
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 102)(effective 1}anuary 2015) -(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the UK and Republic ofIreland (FRS102)and the Companies Act 2006. |
(F | R | S |
|---|---|---|---|---|
| Change in basis ofaccounting orto previous accounts |
||||
| There has been no change tothe accounting policies (valuation rules and method ofaccounting) last year and no changes have been made to accounts for previous years. |
since | |||
| Fund accounting | ||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees in furtherance |
of | ||
| the general objects ofthe charity. | ||||
| Designated funds |
These are unrestricted funds earmarked by the trustees for particular purposes. |
|||
| Revaluation funds |
These are unrestricted funds which include a revaluation reserve representing the restatement ofinvestment assets at their market values. |
|||
| Restricted funds | These are available for use subject to restrictions imposed by the donor |
or | ||
| through terms ofan appeal. |
||||
| Income | ||||
| Recognition ofincome | Income is included in the Statement ofFinancial Activities (SoFA)when |
the | ||
| charity becomes entitled to, and virtually certain to receive, the income |
and | |||
| the amount ofthe income can be measured with sufficient reliability. |
||||
| Income with related expenditure |
Where income has related expenditure the income and related expenditure reported gross in the SoFA. |
is | ||
| Donations and legacies |
Voluntary income received by way ofgrants, donations and gifts is included the the SoFA when receivable and only when the Charity has unconditional |
in | ||
| entitlement tothe income. |
||||
| Tax reclaims on | Income from tax reclaims is induded in the SoFA at the same time as the |
|||
| donations and gifts |
gift/donation to which it relates. |
|||
| Donated services and facilities |
These are only included in income (with an equivalent amount in expenditure} where the benefit tothe Charity is reasonably quantifiable, measurable and |
|||
| material. | ||||
| Volunteer help |
The value ofany volunteer help received is not included in the accounts. |
|||
| Investment income |
This is included in the accounts when receivable. |
|||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
|||
| revaluation offixed |
value atthe end ofthe year. | |||
| assets | ||||
| Gains/(losses) on |
This includes any gain or loss on the sale ofinvestments. |
|||
| investment assets |
| s tothe Ac | c | ounts | |||
|---|---|---|---|---|---|
| Expenditure Recognition expenditure |
of | Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to |
|||
| which it relates. |
|||||
| Expenditure | on raising | These comprise the costs associated with attracting voluntary income, |
|||
| funds | fundraising trading costs and investment management costs. |
||||
| Expenditure charitable |
on activities |
These comprise the costs incurred by the Charity in the delivery of its and services in the furtherance of its objects, including the making of |
activities grants |
||
| and governance costs. |
|||||
| Grants payable | All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end ofthe year but |
||||
| not yet paid. | |||||
| Governance | costs | These include those costs associated with meeting the constitutional |
and | ||
| statutory requirements ofthe Charity, including any audit/independent |
|||||
| examination fees, costs linked to the strategic management ofthe Charity, |
|||||
| together with a share of other administration costs. |
|||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| The compa capital. |
ny is a privat |
e company limited by g |
e company limited by g |
aranee |
||||
|---|---|---|---|---|---|---|---|---|
| 3 | Statement | of Financial | Activities -prior year | Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | ||||||
| Income and endowments | from: | 644 | 633 | 1,277 | ||||
| Donations Charitable |
and legacies activities |
80,380 7 |
59,233 | 139,613 7 |
||||
| investments | 961 | 350 | 1311 | |||||
| Other | ||||||||
| Total | 81,992 | 60,216 | 142,208 | |||||
| Expenditure Charitable Other |
on: activities |
1,241 69,412 |
3,911 42,681 |
5,152 112,093 |
||||
| Total | 70,654 | 46,591 | 117,245 | |||||
| Net income | 11,338 | 13,625 | 24,963 | |||||
| Net income | before other | 11,338 | 13,625 | 24,963 | ||||
| gains/(losses) | ||||||||
| Other gains | and losses: | |||||||
| Net movement in funds |
11,338 | 13,625 | 24,963 | |||||
| Reconciliation of funds: Total funds brought forward |
79,033 | 18,962 | 97,995 | |||||
| Total funds | carried forward | 90,371 | 32,587 | 122,958 | ||||
| 4 Income |
from donations | and legacies | ||||||
| Unrestdcted | Restricted | Total | Total | |||||
| 2022 | 2021 | |||||||
| E | E | |||||||
| Donations | 2,263 2,263 |
129 129 |
2,392 2,392 |
1,277 1,277 |
| m cwaAtauie actlvydas |
||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| f | f | |||||
| Small grant funders Project grants Respect festival |
80,589 | 50,849 20,197 |
131,438 20,197 |
2,130 135,683 1,800 |
||
| 80,589 | 71,046 | 151,635 | 139,613 | |||
| 6 | Income from other trading activities | |||||
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| f | f | f | ||||
| Training & | consultancy | 2,580 | 2,580 | |||
| 2580 | 2,580 | |||||
| 7 | Income from investments | |||||
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| f | f | |||||
| Bank interest received | 6 | 7 | ||||
| 6 | 7 | |||||
| 8 | Other income | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| f | f | |||||
| Other income | 1,081 | 1,500 | 2,581 | 1311 | ||
| 1,081 | 1,500 | 2,581 | 1,311 | |||
| 9 | Expenditure | on charitable activities | ||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| Expenditure | on charitable | |||||
| activities | ||||||
| Small grant funders | 6,530 | 6,723 | 4,452 | |||
| Respect festival | 27,299 | 27,299 | 700 | |||
| Governance | costs | |||||
| 193 | 33,829 | 34,022 | 5,152 |
| Plymouth &Devon Racial E Notes tothe Accounts |
quality Counci |
l | |||
|---|---|---|---|---|---|
| 10 Other expenditure | Unrestricted | Restricted | Total | Total | |
| 2022 | 2021 | ||||
| Employee costs Motor and travel costs |
56,821 | 28,778 141 |
85,599 144 |
82,231 266 |
|
| Premises costs | 5,315 | 1,340 | 6,655 | 6,283 | |
| Amortisation, depreciation, impairment, profit/loss on |
700 | 700 | 512 | ||
| disposal of fixed assets General administrative |
costs | 7,500 | 2,230 | 9,730 | 9,899 |
| Legal and professional | costs | 4,762 75,101 |
1,764 34,253 |
6,526 109,354 |
12,902 112,093 |
| 11 Net income before transfers | 2022 | 2021 | |||
| This is stated after charging: | 6 | E | |||
| Depreciation ofowned |
fixed assets | 700 | 512 | ||
| 12 Staff costs | 2022 | 2021 | |||
| Salaries and wages Pension costs |
8'5,197 367 |
81,906 253 |
|||
| 55,554 | 82,159 | ||||
| No employee received |
emoluments | in excess of E60,000. | |||
| 13 Tangible fixed assets |
| Tangible fixe | d assets | ||
|---|---|---|---|
| Fixtures, | |||
| fittings and | Total | ||
| equipment | |||
| E | |||
| Cost or revaluation | |||
| At 1April 2021 Additions |
63,462 864 |
63,462 864 |
|
| At31Ivlarch | 2022 | 64,326 | 64,326 |
| Depreciation | and | ||
| impairment At 1April 2021 |
60,248 | 60,248 | |
| Depreciation | charge forthe | 700 | 700 |
| year At31March |
2022 | 60,948 | 60,948 |
| Net book values | |||
| At31March At 31March |
2022 2021 |
3,378 3,214 |
3,378 3,214 |
| Trade debtors | 2022 f |
2021 f |
||
|---|---|---|---|---|
| Otherdebtors | 19,788 | 14,062 | ||
| Prepayrnents | and accrued income | 412 | 412 | |
| 15 | Creditors: | 1,218 21,415 |
1,095 15,565 |
|
| amounts falling due within one year |
||||
| Trade creditors | 2022 f |
2021 f |
||
| Other taxes and social security Other credito rs |
4,604 1493 |
11,558 1,587 |
||
| Accruais | 3,351 | 5,043 | ||
| Deferred income | 859 | 859 | ||
| 42,134 | 5,000 | |||
| 52,241 | 24041 |
| uth 8 Devon Racial Equ to the Accounts Movement in funds |
ality Council | ||||
|---|---|---|---|---|---|
| Incoming | |||||
| resources | At31 | ||||
| (including | Resources | March | |||
| other | expended | 2022 | |||
| At 1April | gains/losses | ||||
| 2021 | ) | ||||
| 6 | |||||
| Restricted funds: | |||||
| Restricted income funds: | |||||
| Small General Restricted Funds Respect Festival Destitution Victim Support international Women's Mayflower 400 |
Day | 5,218 7,503 563 15,871 527 82 |
5,640 20,326 32,100 |
(7,161) (27,305) (44) (24,645) (462) |
3,697 524 519 23,326 527 (380) |
| Contain, outbreak management fund |
14,609 | (7,725) | 6,884 | ||
| Plymouth Drake Foundation Community Grant |
999 | (740) | 259 | ||
| Total | 30,763 | 72,675 | (68,082) | 35,356 | |
| Unrestricted funds: General funds |
43,020 | 5,930 | (21,896) | 27,054 | |
| Designated funds: Devon Advocacy Service Equality and Diversity RISS |
18,246 2,272 28,657 |
11,354 4,500 64,735 |
(9,359) (3,275) (40764) |
20,241 3,497 52 628 |
|
| Total | 49,175 | 80,589 | (53,398) | 76,366 | |
| Tlfd | 122,958 | 159,194 | (143,376) | 138,776 |
| 17 | Analysis ofne | t assets between funds |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total | |||
| Fixed assets Net current assets |
f 3,378 129,982 |
f 5,416 |
f 3,378 135,398 |
||
| 133,360 | 5,416 | 138,776 | |||
| 18 | Reconciliation | ofnet debt | |||
| At 31 | |||||
| At 1April | March | ||||
| 2021 | Cash flows | 2022 | |||
| Cash and cash | equivalents | f 128,222 |
f 37,999 |
f 166,221 |
|
| 128,222 | 37,999 | 166,221 | |||
| Net debt | 128,222 | 37,999 | 166,221 | ||
| 19 | Commitments | ||||
| Pension commitments | |||||
| 2022 | 2021 | ||||
| The pension cost charge tothe company | f | f | |||
| amounted to: | 367 | 253 |
| lymouth 8LDevon Raci Detailed Statement of for the year ended 31 |
al Fina Mar |
Equality Council ncial Activities ch 2022 |
||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| E | E | E | E | |||
| Income and endowments | from: | |||||
| Donations and legacies Donations |
2,263 | 129 | 2,392 | 1,277 | ||
| 2,263 | 129 | 2,392 | 1,277 | |||
| Charitable activities Small grant funders Project grants Respect festival |
80,589 80,589 |
50,849 20,197 71,046 |
131,438 20,197 151,635 |
2,130 135,683 1,800 139,613 |
||
| Other trading activities Training L consultancy |
2,580 2,580 |
2,580 2,580 |
||||
| Investments | ||||||
| Bank interest received |
||||||
| 6 | 7 | |||||
| Other Otherincome |
1,081 1,081 |
1,500 1,500 |
2,581 2,581 |
1,311 1,311 |
||
| Total income and endowments | 86,519 | 72,675 | 159,194 | 142,208 | ||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Small grant funders Respect festival |
193 193 |
6,530 27,299 33,829 |
6,723 27,299 34,022 |
4,452 700 5,152 |
||
| Total ofexpenditure | on | charitable | 193 | 33,829 | 34,022 | 5,152 |
| activities | ||||||
| Employee costs Salaries/wages Pension costs |
56,507 308 |
28,690 59 |
85,197 367 |
81,906 253 |
||
| Staff training | 72 | |||||
| Staff welfare | 6 | 29 | 35 | |||
| 56,821 | 28,778 | 85,599 | 82,231 | |||
| Motor and travel costs | ||||||
| Travel and subsistence | 3 | 141 | 144 | 266 | ||
| 3 | 141 | 144 | 266 | |||
| Premises costs | ||||||
| Rent | 5,029 | 1,232 | 6,261 | 5,934 | ||
| Rates | 279 | 70 | 349 | 349 | ||
| Premises cleaning |
7 | 38 | 45 |
| 6'enera( administrative costs, |
5,315 | 1340 | ||
|---|---|---|---|---|
| including depreciation and |
||||
| amortisation | ||||
| Depreciation of Fixtures, fittings |
||||
| and equipment | 700 | 700 | 512 | |
| Bad debts | 22 | 22 | ||
| Bank charges | 96 | 24 | 120 | |
| Equipment leasing and hire |
||||
| charges | 1,806 | 452 | 2,258 | 2,040 |
| Equipment repairs and |
||||
| maintenance | 30 | 149 | 179 | 514 |
| General insurances Postage and couders |
1,750 19 |
437 | 2,187 19 |
2,200 212 |
| Software, ITsupport and related |
||||
| costs | 1,489 | 361 | 1,850 | 1,409 |
| Stationery and printing | 233 | 43 | 276 | 410 |
| Telephone, fax and broadband | 2,055 | 764 | 2,819 | 3,003 |
| Legal and professional costs |
8,200 | 2,230 | 10,430 | 10,411 |
| Accountancy and bookkeeping Consultancy fees Solicitor's fees |
1,296 3,330 35 |
324 1,440 |
1,620 4,770 35 |
1,620 11,220 35 |
| Other legal and professional costs |
101 | 101 | 27 | |
| 4,762 | 1,764 | 6,526 | 12,902 | |
| Total ofexpenditure ofother costs |
75,101 | 34,253 | 109,354 | 112,093 |
| Totalexpenditure | 75,294 | 68,082 | 143,376 | 117,245 |
| Net gains on investments | ||||
| Net income | 11,225 | 4,593 | 15,818 | 24,963 |
| Net income before other | ||||
| gains/(losses) | 11,225 | 4,593 | 15,818 | 24,963 |
| Other Gains | ||||
| Net movement in funds |
11,225 | 4,593 | 15,818 | 24,963 |
| ReconciTiation offunds: | ||||
| Total funds brought forward | 92,195 | 30,763 | 122,958 | 97,995 |
| Total funds carried forward | 103,420 | 35,356 | 138,776 | 122,958 |