2022-03-31-accounts - Sheppey Matters

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			Page
Reference and administrative		details ofthe Charity, its Trustees and Advisers
Trustees' report			2-18
Independent auditor's	report	on the financial statements	19-22
Statement offinancial	activities		23
Balance sheet			24
Statement ofcash flows			25
Notes to the financial	statements		26-40

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	202'I
		Note
Income from:
Donations and legacies			45,653	310,564	356,217	610,877
Charitable activities			115,326	14,569	129,895	83,588
Investments			31		31	111
Total income			161,010	325,133	486,143	694,576
Expenditure on:
Charitable activities			59,666	532,095	59'I,761	561,955
Total expenditure			59,666	532,095	591,761	561,955
Net income/(expenditure)			101,344	(206,962)	(105,618)	132,621
Transfers between	funds		(119,480)	119,480
Net movement in funds			(18,136)	(87,482)	(105,618)	132,621
Reconciliation offunds:
Total funds brought	forward		55,808	293,742	349,550	216,929
Net movement in funds			(18,136)	(87,482)	(105,618)	132,621
Total funds carried	forward		37,672	206,260	243,932	349,550

Statement ofcash flows
for the year ended 31 Nlarch 2022
		2022	2021
Cash flows from operating activities
Net cash used in operating activities (see note 17)		(96,086)	139,174
Cash flows from investing activities
Oividends, interests and rents from investments		31	110
Purchase oftangible fixed assets			(1,150)
Net cash provided by/(used in) investing	activities	31	(1,040)
Change in cash and cash equivalents in	the year	(96,055)	138,134
Cash and cash equivalents at the beginning	ofthe year	332,248	194,114
Cash and cash equivalents atthe end of	the year	236,193	332,248
The notes on pages 26 to40 form part ofthese financial statements

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
			K
Donations	8,945	(2,068)	6,877	4,050
Grants	36,708	312,632	349,340	606,827
	45,653	310,564	356,217	610,877
Total 2021	63,657	547,220	610,877

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2022 K	2022f	2022 K	2021
Charitable	activities	115,326	14,569	129,895	83,588
Total 2021		27,728	55,860	83,588

		Direct	Support	Total	Total
		costs	costs	funds	funds
		2022	2022	2022	2021
Charitable	activities (see note 22)	579,675	12,086	591,761	561,955
Total 2021		553,335	8,620	561,955

			2022	2021
Wages and salaries			377,866	334,846
Social security costs			18,886	16,794
Pension costs			7,752	6,564
			404,504	358,204
The average number of	persons employed	by the Charity	during the year was as follows:
			2022	2021
			No.	No.
			28	25
The average headcount	expressed as full-time equivalents		was:

for th	e year ended 31 M	arch	2022	2022	2022
16.	Reconciliation of	net	movement			in funds		to	net	cash flow	from operating	activities
												2022	2021
												K
	Net income/expenditure Activities)			for	the	year	(as		per	Statement	of Financial	(105,618)	132,621
	Adjustments for:
	Depreciation charges											14,154	16,431
	Dividends, interests and			rents	from	investments						(31)	(110)
	Loss on the sale offixed			assets									779
	Decrease/(increase)	in debtors										(721)	15,569
	Decrease in creditors											(3,870)	(26,116)
	Net cash provided	by/(used			in) operating			activities				(96,086)	139,174
17.	Analysis ofcash	and	cash equivalents
												2022	2021
	Cash in hand											236,193	332,248
	Total cash and cash equivalents											236,193	332,248
18.	Analysis ofchanges		in	net debt
											At 1April		At 31 March
											2021	Cash flows E	2022 f
	Cash at bank and	in hand									332,248	(96,055)	236,193
											332,248	(96,055)	236,193

For t	he year ended 31 March 2022	he year ended 31 March 2022	he year ended 31 March 2022	he year ended 31 March 2022	he year ended 31 March 2022
22.	Unrestricted funds - Centre funds
						Total	Total
						2022f	2021f
	Funds brought forward					55,808	62,062
	Income and endowments			from
	Grants					36,708	62,879
	Donations					8,945	778
	Room Hire					26,933	27,979
	Travel and Membership					57,463
	Services / Work Undertaken					6,620	203
	Investment Income					31	111
	Other Income					24,310	(454)
	Total income					161,010	91,496
	Expenditure on
	Bad Debts					1,646	3,822
	Bank Charges and	Interest				100	84
	Computer Expenses					501	1,341
	Depreciation					3,773	4,286
	Goods Given as Grants					156
	Hall / Room Hire					1,819	180
	Insurance					4,171	(210)
	Legal and Professional		Fees			5,639	4,849
	Management Fees						(17,800)
	Motor and Travel					5,197	319
	Postage, Printing,	Photocopying			and Stationery	1,225	4,319
	Repairs, Maintenance		and	Equipment		7,646	12,555
	Staff Costs					3,385	38,225
	Sundry Expenses					6,736	4,384
	Telephone and Internet					190	177
	Training					577	570
	Utilities					1,938	(1,264)
	Work Undertaken					6,241	3,960
	Subtotal					50,940	59,797
	Support costs
	Auditors' remuneration					3,840	5,640
	Auditors' remuneration		- non-audit			4,886	2,980
	Subtotal					8,726	8,620
	Net movement in funds					101,344	23,079
	Transfers between	funds				(119,480)	(29,333)
	Funds carried forward					37,672	55,808