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||||Page|
|---|---|---|---|
|Reference and Administrative
Details ofthe Charity,||its Trustees and Advisers||
|Chair and Chief Executive's Statement||||
|Trustees'
Report|||3-18|
|Independent
Auditors'|Report on the Financial Statements||19-22|
|Statement of Financial|Activities||23|
|Balance Sheet|||24|
|Statement ofCash Flows|||25|
|Notes to the Financial|Statements||26 - 45|
##
##
|Trustees|||Mr M Stonard,|Chair|Chair|Chair||||
|---|---|---|---|---|---|---|---|---|---|
||||Mr BKeane|||||||
||||Mr A Mavroudis|||||||
||||Mr GJ Nicholls|||||||
||||DrJ Packman|||||||
||||Mr A Reeder|||||||
||||Ms SWhitaker|(resigned 31 May 2022)||||||
||||Dr L Hallett|||||||
|Company|registered|||||||||
|number|||04358690|||||||
|Charity registered||||||||||
|number|||1103200|||||||
|Registered||office|168b Motum Road|||||||
||||Norwich|||||||
||||Norfolk|||||||
||||NR5 8EG|||||||
|Management|||Mr D Childerhouse,|||Chief|Executive|Officer||
||||Mr M Chapman,||Finance Manager|||||
||||Ms D Edwards,|Head Teacher||||||
||||Ms D Watson,|Operations|||Manager|(resigned|12 December 2022)|
||||Ms G Richardson,|||Support|Services|Manager||
|Chief executive officer|||Mr D Childerhouse|||||||
|Independent||auditors|Larking Gowen|LLP||||||
||||Chartered
Accountants|||||||
||||1st Floor, Prospect|||House||||
||||Rouen Road|||||||
||||Norwich|||||||
||||NR1 1RE|||||||
|Bankers|||HSBC|||||||
||||34 London Road||North|||||
||||Lowestoft|||||||
||||Suffolk|||||||
||||NR32 1EW|||||||
|Solicitors|||Leathes Prior|||||||
||||23Tombland|||||||
||||Norwich|||||||
||||Norfolk|||||||
||||NR1 4DR|||||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2022
f|2922
f|2022
f|2021
f|
|Income from:|||||||
|Donations
and legacies||3|4,645||4,645|10,497|
|Charitable
activities||4|1,933,497|407,896|2,341,393|1,980,476|
|Investments||6|107||107|36|
|Total income|||1,938,249|407,896|2,346,145|1,991,009|
|Expenditure
on:|||||||
|Charitable
activities|||1,926,087|357,113|2,283,200|1,974,939|
|Total expenditure|||1,926,087|357,113|2,283,200|1,974,939|
|Net movement
in funds|||12,162|50,783|62,945|16,070|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||293,933|81,416|375,349|359,279|
|Net movement
in funds|||12,162|50,783|62,945|16,070|
|Total funds carried forward|||306,095|132,199|438,294|375,349|
##
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|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||||383,130||356,200|
|Current assets|||||||
|Debtors||12|530,979||104,153||
|Cash at bank and|in hand||145,383||325,087||
||||676,362||429,240||
|Creditors: amounts|falling due within one||||||
|year||13|(621,198)||(398,758)||
|Net current assets||||55,164||30,482|
|Total assets less|current liabilities|||438,294||386,682|
|Provisions
for liabilities||||||(11,333)|
|Total net assets||||438,294||375,349|
|Charity funds|||||||
|Restricted funds||15||132,199||81,416|
|Unrestricted
funds||15||306,095||293,933|
|Total funds||||438,294||375,349|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022
E|2022
E|2022f|
|Radio|||63,795|9,085|72,880|
|School|||1,563,832|24,830|1,588,662|
|Future Support|||305,870|373,981|679,851|
|Government|Funding - Coronavirus|Job Retention Scheme||||
|Total 2022|||1,933,497|407,896|2,341,393|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
|||||8|5|
|Radio|||54,762||54,762|
|School|||1,401,639|18,145|1,419,784|
|Future Support|||291,329|211,889|503,218|
|Government|Funding - Coronavirus|Job Retention Scheme|2,712||2,712|
|Total2021|||1,750,442|230,034|1,980,476|
##
##
|||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|
|||||funds|funds|Total|
|||||2022|2022|2022|
|||||8|||
|Big Lottery Fund and|ESFBuilding Better||Opportunities||117,164|117,164|
|Big Lottery Fund and|ESFChances||||202,578|202,578|
|Pathways
Resettlement*||||79,632||79,632|
|Apprentice
Incentive|Grant|||750||750|
|Wonder+||||30,769||30,769|
|Arnold Clark Mini Futures||||1,000||1,000|
|Community
Action Norfolk - Social Isolation*||||121,367||121,367|
|Pupil Premium|||||24,830|24,830|
|Norfolk Community
Foundation||Big Idea Fund|||9,085|9,085|
|Norfolk Community
Foundation||Household|Support Fund||5,450|5,450|
|Pathways
Tenancy"||||70,077||70,077|
|Ofcom Community
Radio Fund||||4,000||4,000|
|UK Community
Renewal
Fund||- 100Day|Challenge||17,980|17,980|
|UK Community
Renewal
Fund||- Inclusive|Economy||30,809|30,809|
|Aviva Money Matters||||23,333||23,333|
|Aviva Money Matters|2022-23|||3,687||3,687|
|DFE Covid Recovery|Premium|||7,178||7,178|
|Education
and Skills|Grant|||4,250||4,250|
|Independent
Special|Schools Tutor Led Grant|||10,575||10,575|
|||||356,618|407,896|764,514|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|||5|||
||Big Lottery Fund and ESF Building Better Opportunities||130,400|130,400|
||Big Lottery Fund and ESFChances||74,748|74,748|
||Pathways
Resettlement'|65,798||65,798|
||Future Support Service I Henry Smith Charity|10,000||10,000|
||Wonder+|30,769||30,769|
||Community
Action Norfolk -Social Prescription*|17,507||17,507|
||Community
Action Norfolk -Social Isolation*|64,158||64,158|
||Pupil Premium||18,145|18,145|
||Big
I ottery Fund and ESF Building Better Opportunities||||
||Mental
Health Grant||(459)|(459)|
||Norwich
French Church|1,000||1,000|
||Voluntary
Norfolk 12th Man Radio|2,500||2,500|
||Pathways
Tenancy"|64,074||64,074|
||NCC Teacher Pension Relief Grant|15,033||15,033|
||Housing Justice||7,200|7,200|
||Norwich
Freemans
Charity|2,286||2,286|
||Ofcom Community
Radio Fund|9,056||9,056|
||Coronavirus
Job Retention Scheme Grant|2,712||2,712|
||Coronavirus
Catch Up Premium|1,920||1,920|
||Aviva Money Matters|16,667||16,667|
||De Lazlo Foundation|5,000||5,000|
||Anglian Water|4,913||4,913|
||DFE Summer School|2,028||2,028|
||Total 2021|315,421|230,034|545,455|
||*Service level agreements.||||
|0.|Investment
income||||
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|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|36|36|
|||Expenditure||
|---|---|---|---|
|||on||
|||charitable|Total|
|||activities|funds|
|||2022|2022|
|||6|5|
|Radio||102,880|102,880|
|School||1,461,269|1,461,269|
|Future|Support|719,051|719,051|
|||2,283,200|2,283,200|
|||Expenditure||
|---|---|---|---|
|||on charitable|Total|
|||activities|funds|
|||2021f|2021|
|Radio||86,976|86,976|
|School||1,376,644|1,376,644|
|Future|Support|511,319|511,319|
|||1,974,939|1,974,939|
##
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##
|||||Future||Total|
|---|---|---|---|---|---|---|
|||Radio|School|Support|Core Costs|funds|
|||2022
E|2022f|2022
K|2022
E|2022
E|
|Staff||65,912|882,140|586,157|234,365|1,768,574|
|Depreciation||7,361|50,548|340|4,558|62,807|
|Premises||(5,475)|81,165|12,083|12,850|100,623|
|Fees||12,769|19,600|400|23,193|55,962|
|Office costs||4,948|28,483|7,112|13,232|53,775|
|Marketing||6,654||452|434|7,540|
|Travel costs||rrr|18,885|6,421|43|26,126|
|General||371|176,167|19,766|8,498|204,802|
|Equipment|and maintenance|312|3,278|292|(2,182)|1,700|
|Finance costs||59|633|281|318|1,291|
|Allocation ofcore costs||9,192|200,370|85,747|(295,309)||
|||102,880|1,461,269|719,051||2,283,200|
##
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|Analysis o|fsupport costs (cont|inued)|||||
|---|---|---|---|---|---|---|
|||||Future||Total|
|||Radio|School|Support|Core Costs|funds|
|||2021
6|202'lf|2021f|2021
8|2021|
|Staff||58,224|778,434|406,520|243,554|1,486,732|
|Depreciation||7,392|41,817|340|4,200|53,T49|
|Premises||2,014|65,613|10,762|20,667|99,056|
|Fees||6,000|14,518|237|17,326|38,081|
|Office costs||4,891|27,390|5,433|9,859|47,573|
|Marketing||765|50|196|15|1,026|
|Travel costs||73|24,897|1,107|2|26,079|
|General||361|204,129|7,512|5,673|217,675|
|Equipment|and maintenance|394|2,597|643|261|3,895|
|Finance costs||37|536|245|255|1,073|
|Allocation ofcore costs||6,825|216,663|78,324|(301,812)||
|||86,976|1,376,644|511,319||1,974,939|
##
##
|The auditors'
remuneration
amounts
to an auditor fee of81
Staff costs|0,350(2021 - 69,415).||
|---|---|---|
||2022|2021|
||E||
|Wages and salaries|1,392,219|1,190,472|
|Social security costs|125,285|94,662|
|Pension costs|84,989|61,762|
|Contract, agency and other staff costs|166,081|139,836|
||1,768,574|1,486,732|
##
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||Long-term|||||
|---|---|---|---|---|---|
||leasehold|Motor|Fixtures and|Office||
||property|vehicles|fittings|equipment|Total|
||E|E|E|6|E|
|Cost||||||
|At 1 September 2021|676,796|11,395|200,614|36,628|925,433|
|Additions|78,131|8,500|4,557||91,188|
|Disposals||(10,995)|||(10,995)|
|At 31 August 2022|754,927|8,900|205,171|36,628|1,005,626|
|Depreciation||||||
|At 1 September 2021|368,268|9,915|156,997|34,053|569,233|
|Charge for the year|40,334|1,764|19,064|1,645|62,807|
|On disposals||(9,544)|||(9,544)|
|At 31 August 2022|408,602|2,135|176,061|35,698|622,496|
|Net book value||||||
|At 31 August 2022|346,325|6,765|29,110|930|383,130|
|Al 31August 2021|308,528|1,480|43,617|2,575|356,200|
##
|||2022|2021|
|---|---|---|---|
|||6|8|
|Due within one year||||
|Trade debtors||452,986|42,494|
|Other debtors|||5,482|
|Prepayments|and accrued income|74,336|50,185|
|Tax recoverable||3,657|5,992|
|||530,979|104,153|
##
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||8|6|
|Trade creditors|||||28,819|31,456|
|Other taxation and||social security|||42,807|26,134|
|Other creditors|||||15,734|18,263|
|Accruals|and deferred||income||533,838|322,905|
||||||621,198|398,758|
||||||2022|2021|
||||||8||
|Deferred|income at 1 September|||2021|305,190|325,387|
|Resources deferred||during the year|||515,808|305,190|
|Amounts|released|from previous||periods|(305,190)|(325,387)|
||||||515,808|305,f90|
##
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|||Provisions|
|---|---|---|
|At 1 September 2021||11,333|
|Amounts|reversed|(11,333)|
##
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|Statement offunds|- current|year|||||
|---|---|---|---|---|---|---|
||||Balance at 1|||Balance at|
||||September|||31August|
||||2021|Income|Expenditure|2022|
||||E|E|E|6|
|Unrestricted
funds|||||||
|General Funds - all|funds||293,933|1,938,249|(1,926,087)|306,095|
|Restricted funds|||||||
|Big Lottery and ESFBuilding||Better|||||
|Opportunities
Grant|||34,584|117,164|(107,645)|44,103|
|Stuff Hubs|||7,498||(463)|7,035|
|Youth Action Social|Fund||4,750|||4,750|
|Big Lottery Fund and ESFChances|||8,080|202,578|(172,235)|38,423|
|The Big Lottery Fund: Awards||For All - Lab|||||
|Equipment|||207|||207|
|NatWest Skills &Opportunity||Fund|11,789|||11,789|
|Pupil Premium||||24,830|(24,830)||
|Better Together Radio Show|||1,700|||1,700|
|Winter Shelter|||12,808||(67)|12,741|
|Inclusive
Economy||||30,809|(23,895)|6,914|
|Norfolk Household|Support|||5,450|(5,422)|28|
|100 Day Challenge||||17,980|(16,556)|1,424|
|Your Big Idea||||9,085|(6,000)|3,085|
||||81,416|407,896|(357,113)|132,199|
|Total offunds|||375,349|2,346,145|(2,283,200)|438,294|
##
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|15.|Statement of|funds (continued)|funds (continued)|||||
|---|---|---|---|---|---|---|---|
||Statement of|funds - prior year||||||
|||||Balance at|||Balance at|
|||||1September|||31August|
|||||2020|Income|Expenditure|2021|
|||||8|6||E|
||Unrestricted|funds||||||
||General
Funds|||295,691|1,760,975|(1,762,733)|293,933|
||Restricted funds|||||||
||Radio Move|||5,323||(5,323)||
||Big Lottery and ESF Building Better|||||||
||Opportunities|Grant||17,008|130,400|(112,824)|34,584|
||Stuff Hubs|||7,732||(234)|7,498|
||Youth Action Social||Fund|4,750|||4,750|
||Big Lottery Fund and ESFChances||||74,748|(66,668)|8,080|
||The Big Lottery Fund: Awards For All - Lab|||||||
||Equipment|||785|(459)|(119)|207|
||Pupil Premium|||20,634||(8,845)|11,789|
||Norfolk Household||Support||18,145|(18,145)||
||Your Big Idea|||1,700|||1,700|
||Winter Shelter|||5,656|7,200|(48)|12,808|
|||||63,588|230,034|(212,206)|81,416|
||Total offunds|||359,279|1,991,009|(1,974,939)|375,349|
##
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|Summary offunds - current y|ear||||
|---|---|---|---|---|
||Balance at 1|||Balance at|
||September|||31August|
||2021|Income|Expenditure|2022|
||6|6|E|E|
|General funds|293,933|1,938,249|(1,926,087)|306,095|
|Restricted funds|81,416|407,896|(357,113)|132,199|
||375„349|2,346,145|(2,283,200)|438,294|
|Summary
offunds - prior year|||||
|---|---|---|---|---|
||Balance at|||Balance at|
||1September|||31August|
||2020
E|income
E|Expenditure|2021
f|
|General funds|295,691|1,760,975|(1,762,733)|293,933|
|Restricted funds|63,588|230,034|(212,206)|81,416|
||359,279|1,991,009|(1,974,939)|375,349|
|Analysis ofnet assets between funds|||||
|Analysis ofnet assets between funds|- current year||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||6|E|6|
|Tangible fixed assets||379,164|3,966|383,130|
|Current assets||531,329|145,033|676,362|
|Creditors due within one year||(604,398)|(16,800)|(621,198)|
|Total||306,095|132,199|438,294|
##
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|Analysis|ofnet assets between funds - prior y|ear|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021
6|2021f|2021
E|
|Tangible|fixed assets|345,596|10,604|356,200|
|Current assets||347,967|81,273|429,240|
|Creditors|due within one year|(388,297)|(10,461)|(398,758)|
|Provisions|for liabilities and charges|(11,333)||(11,333)|
|||293,933|81,416|375,349|
##
|Reconciliati|on
ofn|et movement
in funds|to net cash flow from oper|ating
activities||
|---|---|---|---|---|---|
|||||2022|2021|
|||||0||
|Net income|for the year (as per Statement of Financial Activities)|||62,945|16,070|
|Adjustments|for:|||||
|Depreciation|charges|||62,807|53,749|
|Loss on the|sale offixed assets|||1,051||
|(Increase) /decrease||in debtors||(426,826)|(56,131)|
|Increase/(decrease)||in creditors||222,440|(3,692)|
|Increase
in|provisions|||(11,333)|2,000|
|Net cash provided||by/(used
in) operating|activities|(88,916)|11,996|
##
||||2022f|2021
6|
|---|---|---|---|---|
|Cash|in|hand|145,383|325,087|
##
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||||2022|2021|
|---|---|---|---|---|
||||8||
|Not later than||1 year|16,699|22,519|
|Later than|1 year and not later than 5years||42,067|51,166|
|Later than|5years||33,883|41,483|
||||92,649|115,168|
|2022|2021|
|---|---|
|6|6|
|25,725|26,350|
##