**Registered Charity No:1104170 Registered Company No: 4868987 (England and Wales)**
**ST MATTHEWS CHILDREN'S ACTION GROUP (Limited by Guarantee)**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
||Page|
|---|---|
|Charity Reference and Administrative Details|1|
|Trustees Annual Report (Including Director's Report and Strategic Report)|2 - 5|
|Independent Examiners Report|6|
|Statement of Financial Activities (Including Income and Expenditure Account)|7|
|Balance Sheet|8|
|Notes to the Accounts|9 - 15|
|Consolidated Income & Expenditure Account for the year ended 31 March 2021|16|
|Main Income & Expenditure Account for the year ended 31 March 2021|17|
|General Income & Expenditure Account for the year ended 31 March 2021|18|
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
**Charity Reference and Administrative Details for the year ended 31 MARCH 2021** Charity Registration Number: 1104170 Company Registration Number: 04868987 Trustees: Ms B S Dyer Chair Ms S Thada Ms D L Dixon Ms M Tetteh Secretary: Mr Kuljit Singh Walia Management Team Mr Kuljit Singh Walia Project Manager Registered Office: The What Cabin Willow Street Leicester LE1 2HP Independent Examiners: Celerica Ltd Certified Accountants First Floor, The Old Chapel 9 Kempson Road Leicester LE2 8AN Bankers: HSBC Bank plc 31 Granby Street Leicester LE1 6EP
Page 1
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2021**
The trustees present their report and financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016).
## Trustees of the Charity
The directors of the charitable company are also its trustees for the purpose of charitable law. The trustees who have served during the year and since the year end are as follows:
Ms B S Dyer Ms D L Dixon Ms S Thada Ms M Tetteh
## Objectives and Activities
The company’s objectives and principal activities are to:
1. Provide out of school play activities for children aged five to eleven years.
2. To provide quality free holiday playschemes.
3. To promote good play practice through support and liaison.
4. To enable children to be healthy, to stay safe, to enjoy and achieve, to make a positive contribution and to be economically sound under the Children’s Act 2004.
The main objectives and activities for the year continued to focus upon the promotion of staying healthy & staying safe. The strategies employed to assist the charity to meet these objectives included the following:
- Ø Providing a range of activities around road safety, hygiene, stranger danger, and to improve children's health. This work was carried out over the year. Ø To provide collection services from the school to allow parents back to work and fulltime education, empowering the service user to take advantage of this economic opportunity to provide a better living standard for their children. Ø Working in partnership with other agencies to secure the widest range of funding available to match the needs of the service users.
Page 2
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
**REPORT OF THE TRUSTEES (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST MARCH 2021 (CONTINUED)**
## Objectives and Activities Continued)
The main areas of charitable activity are the provision of supported play, economic prosperity for the community, life skills, staying healthy, being safe and educating children under the statutory school age.
## Public Benefit Statement
The trustees have considered the general guidance on public benefit issued by the Charities Commission and has taken due regard of that guidance. The trustees consider they are satisfied that the charity's activities do provide a wide public benefit.
## **Strategic Report**
## Achievements and Performance
Funding for the project is through Leicester City Council, and is sufficient to employ 5 members of staff. During the year we have achieved 1465 service users that come through our doors, with 222 children registered from the local area and a lot less due to the pandemic.
## Financial Review (including reserves policy)
With limited resources and difficulties obtaining additional funding, it has continued to be difficult to plan or develop additional services. The charity with sound financial management and the support of the staff team and Management Committee members have no deficit.
The principle funding sources for the charity are currently by way of grant funding through Leicester City Council to enable the charity to provide play support. As a result of constraints, the charity will need to look for additional sources of funding to provide increased services in future years.
During the year, the charity made a surplus of £26,702
The total reserves at the end of the financial year were £45,429. The majority of these were unrestricted funds.
## Plans for Future Periods
The charity plans to continue the activities outlined above in the forthcoming years subject to the continuance of satisfactory funding arrangements. Plans are also being developed to provide extended school provision in conjunction with the local primary school, and service users will be able to leave their children in day care during holidays from 8am to 6pm. This will also allow for more stability in the community and ensure job security for employees.
Page 3
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST MARCH 2021 (CONTINUED)**
## Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 18[th ] August 2003 and registered as a charity on 7th June 2004. The company was established under a Memorandum of Articles which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
The trustees have conducted a review of the major risks which the charity is exposed to. Appropriate systems and procedures have been established to mitigate the risks that the charity faces.
Internal control risks are minimised by the implementation of a financial policy and procedure for authorisation of all transactions within the project.
Procedures are in place to ensure compliance with health and safety of staff, volunteers, Trustees, service users, contractors and visitors to the project.
We are now routinely monitored by the city councils play development officer for all quality delivery and operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.
The project currently has 4 trustees who meet every 3 months and are responsible for the strategic direction and policy of the charity. The trustees come from a variety of professional backgrounds relevant to the work of the charity.
The manager is also responsible for ensuring that the charity delivers the services specified, that key performance indicators are met and the day to day operational management of the project. The manager has responsibility for the individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.
## Related Parties
In so far as it is complimentary to the charity’s objectives, the charity is guided by both local and national policy. At a national level the project is steered by the Children's Act 2004, its regulator Ofsted and the Playwork Principles.
At a local level the project will work within Leicester City's Play Policy.
The project is represented at forums specifically aimed at young people, for example: Play Fair, St Matthews Area Forum & Big Local. The representation within these forums has proved invaluable to the charity in establishing improved links with the community and identifying policy development and prospective funding opportunities to improve the services to all service users.
Page 4
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES (INCLUDING DIRECTORS' & STRATEGIC REPORT) FOR THE YEAR ENDED 31ST MARCH 2021 (CONTINUED)**
## **Statement of Trustees' Responsibilities**
The Trustees, who are also directors of the charity are responsible for preparing the Trustees' Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for the year.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015(FRS 102):
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2015(FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the Management Committee on 14 October 21 and signed on its behalf by:
……………………………………… Mrs Supna Thada
Page 5
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF ST MATTHEWS CHILDRENS ACTION GROUP FOR THE YEAR ENDED 31 MARCH 2021**
We report on the accounts of St Matthews Children's Action Group for the year ended 31st March 2021 which are set out on pages 7 to 15.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
- to state whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below:
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to our attention:
- (i) which gives us reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (ii) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN Dated : 14th October 2021
Page 6
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **(including Income & Expenditure Account)**
## **FOR THE YEAR ENDED 31 MARCH 2021**
|Note
**Income and endowments from:**
Donations and legacies
2
Charitable activities
3
Investments
4
Other Income
Leic. City Council Covid Rates Rebate
**Total income and endowments**
**Expenditure on:**
Raising funds
Charitable activities
5
Other
**Total expenditure**
**Net income**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
1,390
-
1,390
5,269
2,432
89,881
92,313
94,278
4
-
4
-
23,837
-
23,837|
|---|---|
||**27,663**
**89,881**
**117,544**
**99,547**|
||-
-
-
-
300
90,542
90,842
92,189
-
-
-
-|
||**300**
**90,542**
**90,842**
**92,189**|
||27,363
(661)
26,702
7,358
(3,206)
3,206
-
-|
||**24,157**
**2,545**
**26,702**
**7,358**
**18,584**
**143**
**18,727**
**11,369**|
||**42,741**
**2,688**
**45,429**
**18,727**|
All income and expenditure derive from continuing activities.
The statement of financial activities include all gains and losses recognised during the year.
Page 7
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE) Registered company number 4868987**
## **BALANCE SHEET AS AT 31 MARCH 2021**
|Note
**£**
**£**
**FIXED ASSETS**
-
**CURRENT ASSETS**
Debtors
12
552
Cash at bank
105,169
Cash in hand
188
105,910
**CREDITORS: amounts falling due**
**within one year**
Other creditors
13
60,481
Asset replacement fund
-
60,481
**NET CURRENT ASSETS**
45,429
**NET ASSETS**
**45,429**
**FUNDS**
Unrestricted
14
42,741
Restricted
14
2,688
15
**45,429**
**2021**|**£**
**£**
-
1,393
41,156
150
42,699
22,472
1,500
23,972
18,727
**18,727**
18,584
143
**18,727**
**2020**|**£**
**£**
-
1,393
41,156
150
42,699
22,472
1,500
23,972
18,727
**18,727**
18,584
143
**18,727**
**2020**|
|---|---|---|
|||**18,727**|
|||18,584
143|
|||**18,727**|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act for the year ended 31 March 2021.
The members have not required the charitable company to obtain an audit of the financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2016.
The trustees acknowledge their responsibilities for:
- a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- b) preparing financial statements which give a true and fair view of the state of the charitable company as at the end of the financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been approved in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved by the Board ot Trustees on 14 October 2021.
…………………………………
Mrs Supna Thada
The notes on pages 9 to 15 form part of these accounts
Page 8
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021**
## **1 Accounting Policies**
## **1. Summary of significant accounting policies**
## **a General information and basis of preparation**
St Matthews Children's Action Group is a registered charity in England and Wales and also a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the Charity. The address of the charity's head office is given on page 1 of these financial statements. The nature of the charity's operations and principal activities detailed on page 2 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016, the Financial issued on Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
The charity has applied Updated Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A
The financial statements have been prepared to give a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair" view. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value where considered necessary. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.
## **b Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 9
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
## **1 Accounting Policies (Continued)**
## **1. Summary of significant accounting policies (Continued)**
## **c Income recognition**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance of conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. A corresponding amount is recognised in expenditure.
No amount of time is included in the financial statements for volunteer time in line with SORP FRS (102). Further detail is given in the Trustees Annual Report.
Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.
Gifts in kind donated for resale are included at fair value, being the expected proceeds from sale less the expected cost of the sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and "Income from other trading activities". Upon sale, the the value of stock is charged against "Income from trading activities" and the proceeds are recognised as "Income from other trading activities". Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until sold. This income is recognised within "Income from other trading activities".
Fixed assets gifts in kind are recognised when receivable are included at fair value. They are not deferred over the life of the asset.
Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
Investment income is earned through holding assets for investment purposes such as interest. Interest income is recognised using the effective interest method. Any dividend and rent income is recognised as the charity's right to receive payment is established.
Page 10
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
## **1 Accounting Policies (Continued)**
## **1. Summary of significant accounting policies (Continued)**
## **d Expenditure recognition**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:
- Cost of raising funds
- Expenditure on charitable activities
- Other expenditure represents those items not falling into the above categories.
Irrecoverable VAT is charged as an expense against the activity for which the expenditure arose.
## **e Support costs allocation**
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
The analysis of these costs is in included in note 6.
## **f Tangible fixed assets**
- As requested by the funders, no depreciation is provided on tangible fixed assets. Assets are written off at the time of purchase. This is not in accordance with requirements of Financial Reporting Standard Number 105 which requires assets to be written off over their estimated useful lives. The trustees consider that these assets will have a small residual value at the end of each financial year.
## **g Debtors and creditors receivable / payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **h Provisions**
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.
## **i Leases**
Rentals payable or receivable under operating leases are charged to the SoFA on a straight line basis over the period of the lease.
Page 11
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
## **1 Accounting Policies (Continued)**
## **1. Summary of significant accounting policies (Continued)**
## **j Taxation**
No provision has been made for taxation as the charity's charitable status renders it exempt from UK direct taxation.
## **k Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **2 Income from donations and legacies**
|**Income from donations and legacies**||
|---|---|
|Donations
Gift Aid|**2021**
**2020**
**£**
**£**
1,370
4,264
20
1,005|
||1,390
5,269|
All income from donations and legacies £1,390 was attributable to unrestricted funds. (2020: £5,269 all attributable to unrestricted funds)
## **3 Income from charitable activities**
|**Procurement arrangements:**
Leicester City Council
Other grants re activities & summer play scheme
**Other charitable activities:**
Trips, activities, tuck shop & parental fees
Minibus & cabin hire|**2021**
**2020**
**£**
**£**
79,600
79,600
10,281
6,944
500
2,426
1,932
5,308|
|---|---|
||**92,313**
**94,278**|
Income from charitable activities was £91,813 (2020: £94,278). £89,881 was attributable to restricted funds for 2020 (2020: £84,544).
## **4 Investment Income**
||**2021**||**2020**|
|---|---|---|---|
||**£**||**£**|
|Bank interest received||**4**|**-**|
Page 12
## **ST MATTHEWS CHILDREN'S ACTION GROUP**
## **(LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
## **5 Analysis of expenditure on charitable activities**
|Provide out of school play
activities for 5 - 11 year olds||Direct
Wages
41,946|Other
Direct
10,128|Support
Costs
40,268||Total
92,342|
|---|---|---|---|---|---|---|
||||||||
£92,042 (2020: £93,240) of the above costs were related to restricted funds. £300 (2020: £89) of these costs were related to unrestricted funds.
|**6**
**Allocation of support costs**
Governance
Wages and salaries
Repairs & maintenance
Heat & light
Insurance
**7**
**Governance costs**
Independent examination fees
**8**
**Net Income / (expenditure) for the year**
This is stated after charging:
Depreciation
Loss on disposal of assets
Independent Examiners Fees
Out of school play 5-11
Out of school play 5-11|**2021**
**£**
1,320
36,198
1,886
93
771
40,268
**2021**
**£**
1,320
**2021**
**£**
-
-
1,320|**2020**
**£**
1,140
33,674
3,092
2,142
781|
|---|---|---|
|||40,829|
|||**2020**
**£**
1,140|
|||**2020**
**£**
-
-
1,140|
## **9 Independent Examiners remuneration**
The independent examiner's fees amounts to £1,320 (2020: £1,140). There were no other services.
## **10 Trustees and key management personnel remuneration and expenses**
The trustees received no remuneration during the year. (2020: Nil)
The trustees did not have any expenses reimbursed during the year. (2020: Nil)
Page 13
## **ST MATTHEWS CHILDREN'S ACTION GROUP**
## **(LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
|**11**
**Staff costs and employee benefits**
**2021**
**2021**
**£**
**£**
**Number**
**Full Time**
Charitable activities
5
1
**5**
**1**
The total staff costs and employee benefits were as follows:
Wages and salaries
Social security costs
**12**
**Debtors**
Prepayments
Other debtors
**13**
**Creditors: Amounts falling due within one year**
Accruals
Other creditors
Deferred income - LCC advance payment to return
**14**
**Funds**
Balance
01.04.20
Income
Expenditure
**Unrestricted Funds**
General
18,584
27,663
(300)
**Restricted Funds**
Main account
143
89,881
(90,542)
**18,727**
**117,544**
**(90,842)**
**15**
**Analysis of net assets between funds**
**Unrestricted Funds**
General
**Restricted**
Main account||**2020**
**£**
**Number**
5
**5**
**2021**
**£**
77,412
732
**78,144**
**2021**
**£**
552
-
**552**
**2021**
**£**
150
39,284
21,047
**60,481**
Transfers
(3,206)
3,206
**-**
**2021**
**£**
42,741
2,688
**45,429**|**2020**
**£**
**Full Time**
1|**2020**
**£**
**Full Time**
1|
|---|---|---|---|---|
||||**1**||
||||**2020**
**£**
71,908
1,042||
||||**72,950**||
||||**2020**
**£**
1,393
-||
||||**1,393**||
||||**2020**
**£**
285
1,140
21,047||
||||**22,472**||
||||Balance at
31.03.21
42,741
2,688||
|||||31.03.21
42,741
2,688|
|||||**45,429**|
|||||**2020**
**£**
18,584
143|
|||||**18,727**|
Page 14
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **Notes to the accounts for the year ended 31 March 2021 (Continued)**
## **17 Related Party Transactions**
There were no related party transactions during the year. (2020: None)
Page 15
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **CONSOLIDATED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021**
|**Income:**
Leicester City Council
Leicester City Council CT Refund
British Science Week
Big Local Grants/Tickets
Trips, activities, tuck shop & parental fees
Donations
Minibus & cabin hire
Bank Interest
**Expenditure:**
Salaries & employers national insurance
Volunteer Expenses
Training
Staff travelling
Trips, activities, events & materials
Repairs & maintenance
Telephone, printing, stationery & advertising
Heat & light
Insurance
Water charges
Bank Charges
Independent Examiners Report
Equipment
Miscellaneous
Minibus expenses
Asset Replacement Fund
**Net Income (Deficit) for the Year**
**Fund Balance Brought Forward**
**Fund Balance Carried Forward**|**£**
**£**
87,731
23,837
-
2,150
500
1,390
1,932
4
**117,544**
78,144
50
48
2
2,638
1,886
2,184
93
771
1,113
-
1,320
2,768
940
385
(1,500)
92,342
**25,202**
**18,727**
**43,929**
**2021**|**£**
**£**
87,731
23,837
-
2,150
500
1,390
1,932
4
**117,544**
78,144
50
48
2
2,638
1,886
2,184
93
771
1,113
-
1,320
2,768
940
385
(1,500)
92,342
**25,202**
**18,727**
**43,929**
**2021**|**£**
**£**
86,044
-
500
-
2,426
5,269
5,308
-
**99,547**
72,950
-
68
13
4,777
3,092
2,177
2,142
781
253
-
1,140
2,370
716
1,710
-
92,189
**7,358**
**11,369**
**18,727**
**2020**|**£**
**£**
86,044
-
500
-
2,426
5,269
5,308
-
**99,547**
72,950
-
68
13
4,777
3,092
2,177
2,142
781
253
-
1,140
2,370
716
1,710
-
92,189
**7,358**
**11,369**
**18,727**
**2020**|
|---|---|---|---|---|
|||||**99,547**|
|||||
92,189|
||||||
|||**25,202**
**18,727**||**7,358**
**11,369**|
|||**43,929**||**18,727**|
**This page does not form part of the statutory financial statements**
Page 16
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **MAIN ACCOUNT INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021**
|**Income:**
Leicester City Council
Other Grants re Activities & Summer Play Scheme
Big Local Grants/Tickets
British Science Week
Minibus & Cabin Hire
Bank Interest Received
**Expenditure:**
Salaries & employers national insurance
Volunteer Expenses
Training
Staff travelling
Trips, activities, events & materials
Repairs & maintenance
Telephone, printing, stationery & advertising
Heat & light
Insurance
Water charges
Audit & bookkeeping
Equipment
Miscellaneous
Minibus expenses
Asset Replacement Fund
**Net (Deficit) for the Year**
**Transfer from General Reserves**
**Fund Balance Carried Forward**|**£**
**£**
**£**
**£**
79,600
79,600
8,131
6,444
2,150
-
-
500
-
-
-
-
**89,881**
**86,544**
78,144
72,950
50
-
48
68
2
13
2,638
4,777
1,886
3,092
2,184
2,177
93
2,142
771
781
1,113
253
1,320
1,140
2,768
2,370
640
627
385
1,710
(1,500)
-
90,542
92,100
**(661)**
**(5,556)**
**3,206**
**5,699**
**2,545**
**143**
**2020**
**2021**|**£**
**£**
**£**
**£**
79,600
79,600
8,131
6,444
2,150
-
-
500
-
-
-
-
**89,881**
**86,544**
78,144
72,950
50
-
48
68
2
13
2,638
4,777
1,886
3,092
2,184
2,177
93
2,142
771
781
1,113
253
1,320
1,140
2,768
2,370
640
627
385
1,710
(1,500)
-
90,542
92,100
**(661)**
**(5,556)**
**3,206**
**5,699**
**2,545**
**143**
**2020**
**2021**|
|---|---|---|
|||**86,544**|
|||92,100|
||||
|||**(5,556)**
**5,699**|
|||**143**|
**This page does not form part of the statutory financial statements**
Page 17
## **ST MATTHEWS CHILDREN'S ACTION GROUP (LIMITED BY GUARANTEE)**
## **GENERAL FUND INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021**
|**Income:**
Trips, activities, tuck shop & parental fees
Donations & gift aid
LCC CT Refund
Minibus & cabin hire
Bank interest received
**Expenditure:**
Miscellaneous
**Net Income for the Year**
**Fund Balance Brought Forward**
**Transfer to Main Account**
**Fund Balance Carried Forward**|**£**
**£**
**£**
**£**
500
2,426
1,390
5,269
23,837
-
1,932
5,308
4
-
**27,663**
**13,003**
300
89
300
89
**27,363**
**12,914**
**18,584**
**11,369**
**(3,206)**
**(5,699)**
**42,741**
**18,584**
**2020**
**2021**|**£**
**£**
**£**
**£**
500
2,426
1,390
5,269
23,837
-
1,932
5,308
4
-
**27,663**
**13,003**
300
89
300
89
**27,363**
**12,914**
**18,584**
**11,369**
**(3,206)**
**(5,699)**
**42,741**
**18,584**
**2020**
**2021**|
|---|---|---|
|||**13,003**
89|
||||
|||**12,914**
**11,369**
**(5,699)**|
|||**18,584**|
**This page does not form part of the statutory financial statements**
Page 18