1 Charity registration number 1104504 Company registration number 5148165 ## **CONTENTS** **Page 3 Chair’s Report** - **Pages 4-8 Programme Director’s Report** - **Pages 9-19 Financial Statements Page 11 Legal and Administrative Information Page 12 Statement of Financial Activities** - **Page 13 Balance Sheet** - **Pages 14-18 Notes to the Financial Statements Page 19 Reporting Accountants' Report to the Trustees** 2 Charity registration number 1104504 Company registration number 5148165 ## **Chair’s Report 2022** I have tried in previous Chair’s reports to present GLADE’s achievements and prospects in the context of the wider society in which we operate and seek to realise our aims and ambitions. That has not been easy over the last few turbulent years but I believe it has been important that GLADE adapts its tactics and strategies to reflect current social priorities and ensure our survival. Our role in maintaining the relevance of development education has become even more critical in the last year. As government appears to lose sight of aspirations which are important to us, building wider partnerships and attempting to diversify, what we offer has become as vital as our day-to-day activities. So our response to the withdrawal of government support for global education has required imaginative adaptation of our existing programme and enthusiastic exploration of new possibilities. We are well-placed to pursue these activities, given our national reputation and our track record of being able to respond to changing circumstances. I have great confidence that GLADE’s legendary survival instincts will lead us to new and exciting projects over the coming year. As ever, GLADE’s Trustees owe a great debt to our Programme Director Lynn Cutler, whose report contains details of our activities during 2021/22, but may not convey how she has demonstrated her own commitment by her hard work and imagination. Her partnership with colleagues in development education across Britain and beyond, as well as with Trustees, has provided the ingredients for GLADE’s continuing success. I would also like to thank my fellow Trustees for their continued enthusiasm and commitment. GLADE benefits greatly from the experience that each Trustee brings to our operation and I look forward to their ideas and dedication carrying us forward into challenging times. Jon Gray Chair 3 Charity registration number 1104504 Company registration number 5148165 ## **Programme Director’s Report; Introduction** The GLADE Centre; “building knowledge, skills and attitudes for change in a global society.” Since 1993 the GLADE Centre has existed to help people of all ages learn about the world and its people, building the key idea of interdependence. We help people find their own interests, local-global connections and actions to become involved in, with entry points through Intercultural Understanding, Sustainability, Global Citizenship, and Human Rights. We endorse a whole school approach to Global Learning for a Sustainable Future and to this end, have training offers to build practitioners' confidence and competence for global learning. Educators can gain recognition with us for their global learning practice with the Global Teachers' Award and whole school recognition with the Global School Award Beyond formal education, we encourage ‘social learning’ to help society in Somerset and beyond to _connect_ with global and local issues, _challenge_ their own preconceptions and _change_ the way they think and act for a fairer, more sustainable future for everyone. Whether through handling artefacts from our loanable Collections or taking part in our informal activities called Global Bites we are adept are bringing the world and Somerset closer together. ## **We’d like to say thank you for funding our activities during 2021 – 2022 to:-** 4 Charity registration number 1104504 Company registration number 5148165 **During 2021-2022 we used these cloud-based platforms in our delivery:-** ## **In 2021-22 our PCs and laptops remained open source, with thanks to:-** **And for our online presence, our thanks goes to:-** > 5 Charity registration number 1104504 Company registration number 5148165 ## **The GLADE Centre's year.** This has been a year when our live, online activity has been carried out by choice, often for the convenience for our participants, here and overseas. The quality of our online offers and our range of collaborative activity has been recognised within the Consortium of Development Education Centres (CODEC), by organisations such as British Council and by digital expert organisations too. Our face to face activity has involved local whole school INSET, as well as European residential train-the-trainer events. We continue to make the most of opportunities, with activity taking place this year including: Project funding from Erasmus+, led by Global Education Derby with partners in Estonia, Germany, Slovenia and Turkiye; teaching and learning for enterprise education and creativity. In particular, leading training where global learning can add value to entrepreneurship education, focusing on core skills of creativity, critical thinking, collaboration and citizenship to inspire and lead successful social and economic enterprise. Contracted delivery funded by Oxfam, led by Liverpool World Centre; teaching about climate justice. Our delivery of this short course for trainee teachers “ _captured the trainees’ imaginations, inspired them to make a difference and helped them consider and develop their role as future educators”._ Contracted delivery to widen reach of new classroom materials funded by Joseph Rowntree Charitable Trust and led by Development Education Centre South Yorkshire; Non-violent Action: A Force for Change. Funded by FCDO and British Council, led by Pearson; delivering schools support across counties in the south west region within Connecting Classrooms through Global Learning. Contracted delivery of interactive webinars for British Council; guided international school partnerships. Recognition for teachers classroom practice; Global Teachers’ Award with option to self-accredit and gain Global School Award. 6 Charity registration number 1104504 Company registration number 5148165 Transitioning from homeworking back to the GLADE Centre office Preparing digitised resources for re-opening our Loans Service. Our own training and workforce development, funded through Velocity Somerset, delivered by Cosmic to make more of our digital assets and digital skills. Continue running all our PCs and laptops with open source operating system of Archlinux and Libre Office for our work. Grateful thanks to volunteer Nigel. Appointing Kernel IT Services to take care of all aspects of our website management, improving efficiency and reducing our carbon impact. Application to National Lottery Heritage Fund for us to be engaged with a more diverse demographic, to benefit from different perspectives and to increase our capacity with new personnel; A Place Called Home. Grateful thanks to all who helped in progressing this. ## **During 2022 – 2023 we are looking forward to;** - Gaining success in securing funding to bring our Connect, Challenge, Change methodology into heritage and diversity contexts with A Place Called Home. - Re-launching our loans service with our Collections of memorable objects and everyday items enhanced by digitised materials. - Seeking new funding with our colleagues in Devon (DDE) and Dorset (DEED) to fund our charitable work across the south west region. - Continuing our project delivery with Global Education Derby and European partners, of teacher development with new education materials and new delivery models in the area of entrepreneurship education. - Collaborating with Oxfam to develop even further our reputation with local ITE providers and regional universities as Trainers for Climate Justice Education. - Preparing the next cohort of trainee teachers to incorporate the human impact of climate change into their classroom practice, in collaboration with Oxfam and Liverpool World Centre; Teaching Climate Justice - 7 Charity registration number 1104504 Company registration number 5148165 - Presenting our research into impact of CPD intervention for global learning on teachers and their classroom practice using data from the Global Teachers’ Award online course **I express my heartfelt gratitude to Trustees for their commitment to the GLADE Centre and their belief in me to carry forward their wishes for our organisation. And I say a big thank you to GLADE Associates, volunteers and colleagues from the sector, for their friendship and support for GLADE.** _“Let us make our future now, and let us make our dreams tomorrow’s reality.”_ Malala Yousafzai **Lynn Cutler; Programme Director at The GLADE Centre October 2022** > 8 Charity registration number 1104504 Company registration number 5148165 ## **ANNUAL REPORT OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** ## THE GLADE CENTRE ## (A Company Limited by Guarantee) CHARITY REGISTRATION NUMBER 1104504 COMPANY REGISTRATION NUMBER 05148165 > 9 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) ## **FINANCIAL STATEMENT CONTENTS** Page 11 Legal and Administrative Information Page 12 Statement of Financial Activities Page 13 Balance Sheet Pages 14 to 18 Notes to the Financial Statements Page 19 Reporting Accountants' Report to the Trustees 10 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) ## **LEGAL AND ADMINISTRATIVE INFORMATION** WORKING NAME Glade CHARITY NUMBER 1104504 COMPANY REGISTRATION NUMBER 05148165 START OF THE FINANCIAL YEAR 1[st] April 2021 END OF FINANCIAL YEAR 31[st] March 2022 DATE OF INCORPORATION 8[th] June 2004 TRUSTEES AT 31[ST] MARCH 2022 Jonathan Frederic Gray(Chair) Laura Tilling (Secretary) Janet Wingfield Sandra Aldworth (Treasurer) Elizabeth Johnson-Idan Olivier Bagnara Robin Russell GOVERNING DOCUMENT Memorandum & Articles of Association Incorporated 8[th] June 2004 OBJECTS To advance the education of the public in all matters relating to World and community development including cultural, economic, environmental issues and other related aspects. CORRESPONDENCE ADDRESS The Glade Centre Resources for Learning Parkway Bridgwater TA6 4RL PRIMARY BANKERS Unity Trust Bank PLC Nine Brindley Place 4 Oozells Square Birmingham B1 2HB REPORTING ACCOUNTANTS Roberts and Madge Limited 68 Lower Bristol Road Clutton, Bristol, BS39 5QT 11 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] MARCH 2022** Incorporating Income & Expenditure Account |INCOMING RESOURCES||Unrestricted|Restricted|TOTAL|2021| |---|---|---|---|---|---| |Donations Legacies and Similar|3a|-|-|-|-| |Incoming Resources|||||| |Incoming Resources from Operating|3b|25,506|-
|25,506|30,066| |Activities|||||| |Investment Income|3c|9||9|-| |Other Income|3d|-||-|-| |TOTAL INCOMING RESOURCES||25,515|-|25,515|30,066| |RESOURCES USED|||||| |Grants Payable in Furtherance of|4a|-|-|-|-| |Charity Objects|||||| |Costs of Activities in Furtherance of|4b|23,370|-|23,370|23,550| |Charity Objects|||||| |Support Costs|4c|1,022|-|1,022|1,020| |Resources Expended on Managing|4d|480|92|572|408| |and Administering the Charity|||||| |||______ _________ _________|||_________| |TOTAL RESOURCES USED||24,872|92|24,964|24,978| |NET RESOURCES (OUTGOINGS)||643|(92)|551|5,088| |Total Funds Brought Forward||22,542|366|22,908|17,820| |Total Funds Transferred||-|-|-|-| |||____________________________________|||| |TOTAL FUNDS CARRIED FORWARD||23,185|274|23,459|22,908| Movements on all reserves and all recognised gains and losses are shown above. All of the charity’s operations are classed as continuing. The notes on pages 14 to 18 form part of these financial statements. 12 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **BALANCE SHEET AS AT 31[ST] MARCH 2022** |Note

Fixed Assets
Tangible Assets 2
Current Assets
Stock 6
Debtors 8
Cash at Bank and in hand 7
Creditors: amounts falling due within 9
one year
NET CURRENT ASSETS

TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
CAPITAL AND RESERVES
General Funds
Restricted Funds 5|

|2022

331
200
3,280
25,023
28,503
5,375
______
23,128
23,459
______
23,459
23,185
274
______
23,459|
|

|2021
443
200
4,088
21,499| |---|---|---|---|---|---| ||||||25,787
3,322
______
22,465| ||

|||

|
22,908
______
22,908| ||

|||

|
22,542
366
______
22,908| The Trustees have: - a) taken advantage of the Companies Act 2006 in not having these Accounts audited under Section 477(2) of the Act. - b) Confirmed that no notice has been deposited under Section 476 of the Companies Act 2006. - c) Acknowledged their responsibilities for ensuring that the Company keeps accounting records which comply with Section 386 of the Companies Act 2006. - d) Acknowledged their responsibilities for preparing Accounts which give a true and fair view of the Company as at the end of the year and of its surplus or deficit for the financial year in accordance with the requirements of the Companies Act 2006, so far as applicable to the Company. - e) Taken advantage of the exemptions conferred by the Companies Act 2006 on the basis that the Company qualifies as a small company. Approved by the Board of Trustees J Gray (Chair) 13 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** ## 1. ACCOUNTING POLICIES The accounts have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice: Accounting for Charities (SORP) issued in October 2000 as updated January 2003. Voluntary income is received by way of donations and gifts. It is shown in full in the Statement of Financial Activities, when received. Gifts in kind are valued at their estimated value to the charity and are included under the appropriate headings. Intangible income is valued and included in income to the extent that it represents goods or services where another party is bearing the financial cost and the benefit is quantifiable. Where it is difficult or not possible to quantify the benefit, or where there is no financial cost borne by another party (eg. Volunteers), the accounts do not include the intangible income. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are received. Restricted funds are to be used for the specific purposes as required by the donor. Expenditure which meets these criteria is allocated to the relevant fund. Income derived from these funds is retained within the funds concerned. Designated funds are unrestricted funds which the trustees have designated to be used for a specific purpose. Where these funds yield investment income, this is available for general purposes. Unrestricted funds are funds which are not designated or restricted. There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance basis over their estimated useful lives. The rates applied per annum are as follows: |Fixtures and Fittings|25%| |---|---| |Equipment|25%| ## **2. TANGIBLE FIXED ASSETS** |**2. TANGIBLE FIXED ASSETS**|**2. TANGIBLE FIXED ASSETS**|**2. TANGIBLE FIXED ASSETS**| |---|---|---| |General
General
Restricted
Total
Equipment F& F
Equipment
EQUIPMENT
£
£
£
£
Cost at 1 April 2021
6,044
1,574
17,172
24,790
Disposals
Cost at 31 March 2022
6,044
1,574
17,172
24,790
Depreciation at 1 April 2021
5,974
1,567
16,806
24,347
Charge for the year
18
2
92
112
Depreciation at 31 March 2022
5,992
1,569
16,898
24,459
Net Book Value 31 March 2022
52
5 274
331
Net Book Value 31 March 2021
70
7
366
443||| ||6,044
1,574
17,172
24,790|| ||5,974
1,567
16,806
24,347
18
2
92
112|| ||5,992
1,569
16,898
24,459|| ||52
5 274|
331| ||70
7
366|443| 14 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** **----- Start of picture text -----**
3. INCOMING RESOURCES Unrestricted Restricted Total Total
Funds Funds 2021/22 2020/21
£ £ £ £
a) Donations Legacies and similar
incoming resources
Grants - - - -
Donations - - -
- - - -
b) Incoming resources from operating
activities
Sessions and Work Done 25,506 - 25,506 30,066
Loan of resources - -
Friends of Glade - - -
-
25,506 25,506 30,066
c) Investment Income
Bank Interest 9 - 9 -
9 - 9 -
d) Other Income
- - - -
Sundry Income
- - - -
**----- End of picture text -----**
15 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** |**4. RESOURCES EXPENDED**|Unrestricted|Restricted|TOTAL|TOTAL| |---|---|---|---|---| ||Funds|Funds|2021/22|2020/21| |**a) Grants payable in Furtherance of**||||| |**Charity Objects**||||| |Grants|-|-|-|-| |**b) Costs of Activities in Furtherance**||||| |**of Charity Objects**||||| |Salaries|20,037|-|20,037|21,594| |Sub Contractors fees|1,295|-|1,295|-| |Travel & Workshop costs|18|-|18|-| |Premises Costs|2,020|-|2,020|1,956| ||23,370|-|23,370|23,550| |c) Support Costs||||| |Telephone & Internet|317|-|317|440| |Homeworking Cost|-||-|312| |Other Office expenses|705|-|705|268| ||1,022|-|1,022|1,020| |d) Resources expended on Managing||||| |and Administering the Charity||||| |Insurance|188|-|188|188| |Examination Fee|200|-|200|-| |Bank Charges|72|-|72|72| |Depreciation|20|92|112|148| ||480|92|572|408| 16 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** ## **5. RESTRICTED FUNDS** Balance Balance 1 April 2021 Transfer Expenditure31 March 2022 £ £ £ £ 366 - 92 274 366 - 92 274 The restricted funds of the charity are represented by tangible fixed assets . ## **6. STOCK** Stock is made up of teaching materials and goods purchased for resale in order to generate funds in furthering the charity’s objects and is valued at the lower of cost and net realisable value. ## **7. CASH AT BANK AND IN HAND** |2022
£
Current Account
4,976
Deposit Account
20,012
Petty Cash
35
25,023
**8. DEBTORS**
2022
£
Debtors Control
3,280
Prepayments
-
_____
3,280
**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2022
£
£
Creditors Control
5,175
Accountancy Fees
200
5,375|2021
£
21,460
4
35
_____
21,499
2021
£
4,088
-
_____
4,088
2021
£
3,122
200
3,322| |---|---| 17 Charity registration number 1104504 Company registration number 5148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022** ## **10. STAFF COSTS AND NUMBERS** |Gross Wages and Salaries
Employers Pension Contribution
Provision for Taxes written back
|2022
£
19,453
584
-
______
20,037|2021
£
21,177
635
(218)
______
21,594| |---|---|---| |Employees who were engaged in each of the following|activities:|| |---|---|---| ||2022|2021| |Activities in furtherance of organisation’s objects|1|1| No employees received emoluments over £50,000. ## **11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES** The Company is limited by Guarantee and is a Charity registered with the Charity Commission number 1104504 and does not have a share capital. The company has no income subject to Corporation Tax. |Note
Balance brought forward
Profit for the financial year
|2022
£
22,908
551

2
3,459
|2021
£
17,820
5,088
_____
22,908| |---|---|---| ## **12. RISK ASSESSMENT** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **13. RESERVES POLICY** The Trustees have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the charity’s size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily. 18 Charity registration number 1104504 Company registration number 5148165 ## **ACCOUNTANTS REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF THE GLADE CENTRE** We report on the accounts for the year ended 31 March 2022 set out on pages 9 to 19. ## **Respective responsibilities of directors and reporting accountants.** As described on page 11 the Trustees, who are also the Directors of The Glade Centre for the purpose of company law, are responsible for the preparation of the accounts, and they consider that the company is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion. ## **Basis of opinion** Our work was conducted in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the company, and making such limited enquiries of the officers of the company as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. ## **Opinion** In our opinion: the accounts are in agreement with the accounting records kept by the company under the Companies Act 2006. having regard to, and on the basis of, the information contained in those accounting records the accounts have been drawn up in a manner consistent with the accounting requirement specified in the Act; and the company is satisfied the condition for exemption from an audit of the accounts for the year specified in section 476 of the Act and did not, at any time within that year, fall within any of the categories of companies not entitled to the exemption specified in the Act. Roberts and Madge Limited Financial and Management Consultants 68 Lower Bristol Road Clutton Bristol BS39 5QT **Date** 19 Charity registration number 1104504 Company registration number 5148165 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 ## THE GLADE CENTRE ## (A Company Limited by Guarantee) CHARITY REGISTRATION NUMBER 1104504 COMPANY REGISTRATION NUMBER 05148165 ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) ## CONTENTS |Page 3|Legal and Administrative Information| |---|---| |Page 4|Statement of Financial Activities| |Page 5|Balance Sheet| |Pages 6 to 10|Notes to the Financial Statements| |Page 11|Reporting Accountants' Report to the| ||Directors| ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) ## LEGAL AND ADMINISTRATIVE INFORMATION WORKING NAME Glade CHARITY NUMBER 1104504 COMPANY REGISTRATION NUMBER 05148165 START OF THE FINANCIAL YEAR 1[st] April 2021 END OF FINANCIAL YEAR 31[st] March 2022 DATE OF INCORPORATION 8[th] June 2004 DIRECTORS AT 31[ST] MARCH 2022 Jonathan Frederic Gray(Chair) Laura Tilling (Secretary) Janet Wingfield Sandra Aldworth (Treasurer) Elizabeth Idan-Johnson Olivier Bagnara Robin Russell ## GOVERNING DOCUMENT Memorandum & Articles of Association Incorporated 8[th] June 2004 OBJECTS To advance the education of the public in all matters relating to World and community development including cultural, economic, environmental issues and other related aspects. CORRESPONDENCE ADDRESS The Glade Centre Resources for Learning Parkway Bridgwater TA6 4RL PRIMARY BANKERS Unity Trust Bank PLC Nine Brindley Place 4 Oozells Square Birmingham B1 2HB REPORTING ACCOUNTANTS Roberts and Madge Limited 68 Lower Bristol Road Clutton Bristol, BS39 5QT ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] MARCH 2022 ## Incorporating Income & Expenditure Account |INCOMING RESOURCES||Unrestricted|Restricted|TOTAL|2021| |---|---|---|---|---|---| |Donations Legacies and Similar|3a|-|-|-|-| |Incoming Resources|||||| |Incoming Resources from Operating|3b|25,506|-
|25,506|30,066| |Activities|||||| |Investment Income|3c|9||9|-| |Other Income|3d|-
||-|-| |TOTAL INCOMING RESOURCES||25,515|-|25,515|30,066| |RESOURCES USED|||||| |Grants Payable in Furtherance of|4a|-|-|-|-| |Charity Objects|||||| |Costs of Activities in Furtherance of|4b|23,370|-|23,370|23,550| |Charity Objects|||||| |Support Costs|4c|1,022|-|1,022|1,020| |Resources Expended on Managing|4d|480|92|572|408| |and Administering the Charity|||||| |||______ _________ _________|||_________| |TOTAL RESOURCES USED||24,872|92|24,964|24,978| |NET RESOURCES (OUTGOINGS)||643|(92)|551|5,088| |Total Funds Brought Forward||22,542|366|22,908|17,820| |Total Funds Transferred||-|-|-|-| |||____________________________________|||| |TOTAL FUNDS CARRIED FORWARD||23,185|274|23,459|22,908| Movements on all reserves and all recognised gains and losses are shown above. All of the charity’s operations are classed as continuing. The notes on pages 6 to 11 form part of these financial statements. THE GLADE CENTRE (ACOMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31" MARCH 2022 Note 2022 2021 Fixed Assets Tangible Ass&ts 331 443 Current Assets Stock Debtors Cash al Bank and in har 200 3,280 023 28.503 200 4,088 25,787 Credrtors= amounts falling due ￿thIn one year 5.375 3.322 NET CURRENT ASSErs 12 TOTALASSETS LESS CURRENT LSABILITIES 23.459 22,908 NET ASSETS CAPITALAND RESERVES General Funds ReS￿eted Funds 23,185 274 22.542 The Director5 have.. 81 tsken advant8ge ofthe CL¥npanies Act 20[￿ in not having th8S8 Accounts audited under Section 477121 of th8 Act. bl Confimed that no has been depD5it8d under SectK)n 476 ofthe Co¥np8ni8S Act 2006. cl AcknovAadg8d their responsibiliti8s kn ellsuring Ihat the Company keeps acc*Junting re¢ord5 which compty with Section 386 of thè Companiès Act 2006. dl A￿[n￿&{l9e￿ their re5wnsibilEties for preparing Accounts whith gwe 8 true and fay ew of the Company as at the end ofthe year of SUFplus or defi¢it for the nancral year in accoT¢JanGe wi(h the requirements of the Compani8s Act 2006, so far as applKabl8 to the Company. 81 Taken advantage oftt￿ exemptions conferr8d by th8 c￿￿panIeSAcI 2006 on thè basis that the Company qualrfEs as a small company. Approved by the Board 3Nov mber 2022 Gray (Chair) THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 ## 1. ACCOUNTING POLICIES The accounts have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice: Accounting for Charities (SORP) issued in October 2000 as updated January 2003. Voluntary income is received by way of donations and gifts. It is shown in full in the Statement of Financial Activities, when received. Gifts in kind are valued at their estimated value to the charity and are included under the appropriate headings. Intangible income is valued and included in income to the extent that it represents goods or services where another party is bearing the financial cost and the benefit is quantifiable. Where it is difficult or not possible to quantify the benefit, or where there is no financial cost borne by another party (eg. Volunteers), the accounts do not include the intangible income. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are received. Restricted funds are to be used for the specific purposes as required by the donor. Expenditure which meets these criteria is allocated to the relevant fund. Income derived from these funds is retained within the funds concerned. Designated funds are unrestricted funds which the trustees have designated to be used for a specific purpose. Where these funds yield investment income, this is available for general purposes. Unrestricted funds are funds which are not designated or restricted. There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance basis over their estimated useful lives. The rates applied per annum are as follows: Fixtures and Fittings 25% Equipment 25% ## **2. TANGIBLE FIXED ASSETS** |**2. TANGIBLE FIXED ASSETS**||||| |---|---|---|---|---| ||General|General|Restricted|Total| ||Equipment|F& F|Equipment|| |EQUIPMENT|£|£|£|£| |Cost at 1 April 2021|6,044|1,574|17,172|24,790| |Disposals||||| |Cost at 31 March 2022|6,044|1,574|17,172|24,790| |Depreciation at 1 April 2021|5,974|1,567|16,806|24,347| |Charge for the year|18|2|92|112| |Depreciation at 31 March 2022|5,992|1,569|16,898|24,459| |Net Book Value 31 March 2022|52
|5|274|
331| |Net Book Value 31 March 2021|70|7
|366
|443| ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 **----- Start of picture text -----**
3. INCOMING RESOURCES Unrestricted Restricted Total Total
Funds Funds 2021/22 2020/21
£ £ £ £
a) Donations Legacies and similar
incoming resources
Grants - - - -
Donations - - -
- - - -
b) Incoming resources from operating
activities
Sessions and Work Done 25,506 - 25,506 30,066
Loan of resources - -
Friends of Glade - - -
25,506 - 25,506 30,066
c) Investment Income
Bank Interest 9 - 9 -
9 - 9 -
d) Other Income
- - - -
Sundry Income
- - - -
**----- End of picture text -----**
## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 ## **4. RESOURCES EXPENDED** |||||| |---|---|---|---|---| |**4. RESOURCES EXPENDED**|Unrestricted|Restricted|TOTAL|TOTAL| ||Funds|Funds|2021/22|2020/21| |**a) Grants payable in Furtherance of**||||| |**Charity Objects**||||| |Grants|-|-|-|-| |**b) Costs of Activities in Furtherance**||||| |**of Charity Objects**||||| |Salaries|20,037|-|20,037|21,594| |Sub Contractors fees|1,295|-|1,295|-| |Travel & Workshop costs|18|-|18|-| |Premises Costs|2,020|-|2,020|1,956| ||23,370|-|23,370|23,550| |c) Support Costs||||| |Telephone & Internet|317|-|317|440| |Homeworking Cost|-||-|312| |Other Office expenses|705|-|705|268| ||1,022|-|1,022|1,020| |d) Resources expended on Managing||||| |and Administering the Charity||||| |Insurance|188|-|188|188| |Examination Fee|200|-|200|-| |Bank Charges|72|-|72|72| |Depreciation|20|92|112|148| ||480|92|572|408| ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 ## **5. RESTRICTED FUNDS** Balance Balance 1 April 2021 Transfer Expenditure31 March 2022 £ £ £ £ 366 - 92 274 366 - 92 274 The restricted funds of the charity are represented by tangible fixed assets . ## **6. STOCK** Stock is made up of teaching materials and goods purchased for resale in order to generate funds in furthering the charity’s objects and is valued at the lower of cost and net realisable value. ## **7. CASH AT BANK AND IN HAND** |2022
£
Current Account
4,976
Deposit Account
20,012
Petty Cash
35
25,023
**8. DEBTORS**
2022
£
Debtors Control
3,280
Prepayments
-
_____
3,280
**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2022
£
£
Creditors Control
5,175
Accountancy Fees
200
5,375|2021
£
21,460
4
35
_____
21,499
2021
£
4,088
-
_____
4,088
2021
£
3,122
200
3,322| |---|---| ## THE GLADE CENTRE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2022 ## **10. STAFF COSTS AND NUMBERS** ||2022|2021| |---|---|---| ||£|£| |Gross Wages and Salaries|19,453|21,177| |Employers Pension Contribution|584|635| |Provision for Taxes written back|-|(218)| ||______|______| ||20,037|21,594| |Employees who were engaged in each of the following|activities:|| ||2022|2021| |Activities in furtherance of organisation’s objects|1|1| No employees received emoluments over £50,000. ## **11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES** The Company is limited by Guarantee and is a Charity registered with the Charity Commission number 1104504 and does not have a share capital. The company has no income subject to Corporation Tax. |Note
Balance brought forward
Profit for the financial year
|2022
£
22,908
551

23,459
|2021
£
17,820
5,088
_____
22,908| |---|---|---| ## **12. RISK ASSESSMENT** The directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **13. RESERVES POLICY** The directors have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the charity’s size and the level of financial commitments held. The directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily. ACCOUNTANTS REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF THE GLADE cE￿rRE We rep￿1 on th8 acrx)unts forthÈ yèar ended 31 Marth 2022 set out on pages 3 to 10. Respect1¥• r•$ponslbllltl85 of dlr•ctor8 and r•portlno accountants. As described on page 5 the trustees. who are also directots of ThÈ Glade Cenlre for the p￿rpOs8 of cunpany law, are re8pon8ibl& for the preparation of the accounts, 8nd they consider that thè ¢ornpany is exetnpt from an audit. It is our re5ponsibilty to cary out Pro￿l￿reS designeij to enable u5 to repjrt Lxjr opiftion. Bas18 of oplnlon Our work was Ly)nducted in 8CCOTdance with the Staternent of StaTKlards foT R8porbng Accountants, and $0 oui w0￿dureS consisted of exmpanng the aGGount5 wrf4h the accounting records kept by the company, and making such limrted 8nquiries of the officers tsl the ccmpany as we conside¥ed necessary for the PLEfp05e of thi5 report. These procedures provide onlythg assuronce exr¥esswJ in ouropinl￿. Oplnlon In 0￿r opinion.. al the accounts are in agreement vth the accounting T8￿rdS kept by th8 ujmpany under the Companies Act 2006. bl hawng regard to, and on the b88is of. the inforrn4tSon contained in those accounting recx)rds the accounts have been drawn up in a mannor ¢on$istent Wtth the accounting requirement Sp￿ffied in the Act., and thè company is satisfi8d the tonditu￿ for exernptth fr(wn au¢Jtt of the accounts for the year specffied In s8ction 476 of the Act and did not. al any time within that year, fall vlthin any of the categorfes of Companios not entitled to Ihe exernption 8pecffi8d in theAct. Roberts and Madge LImit￿j Financi81 and Management Cwsultsnts 68 Low8T Bristol Road Clutton BTi8tol 8S39 5aT Dale 3 November 2￿22 ACCOUNTANTS REPORT TO THE MEMBERS ON THE UNAUDrrED Accou￿rS OF THE GL4DE CENTRE We report on the accounts for the year ended 31 March 2022 sel (Art on pages 3 to 10. Respectlve responslbllltles of dlroclors and reportlng accountants. As described on page 5 the trustees. who are also the directors of The Glade Centre for the purpose of company law. are responsible for the preparation of the accounts. and they consider that the company is exempt from an audit. It is our responsibility to cary out procedures designed to enable us to report our opinion. Basls of oplnlon Our work was conducted in accordance wtth the Statement of Stsndards for Reporting Accountants. and so our procedures consisted of comparing the accounts with the accounting records kept by the company, and making such limited enquiries of officers of the company as we considered necessary for the purpose of this repcht. These procedures provide only the assurance expressed in our opinion. Opinlon In our opinion.. al the accounts are in agreement with the accounting records kept by the c(￿panY under the Companies Act 2006. b) havin9 regard to. and on the basis of, the information contained in those accounting records the accounts have been drawn up in a manner consislenl with the accounting requirement specffied in the Act,. and the company is satisfied the condition for exemptlon from an audtt of the accounts for the year specified in section 476 of the Act and did not, at 8Tly time within that year. fall within any of the categories of companies not entiued to the exemption specrfied in the Acl. Roberts and Madge Limited Financial and Management Consultants 68 Lower Bristol Road Clutton Bristol BS39 5QT Date 3 November 2022