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|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|7|to|8|
|Notes to the Financial Statements|9|to|15|
|Detailed Statement ofFinancial Activities|16|to|17|
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||FORTH|E YEAR|ENDED 31MAR|CH 2022||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
|||||||'||
||||Unrestricted|Restricted|Total||Total|
||||funds|funds|funds||funds|
|||Notes||||||
|INCOME AND ENDOWMENTS FROM||||||||
|Charitable
activities||||||||
|Training
and education|||269,444||269,444'||134,505|
|Other trading activities|||17,878||17,878'||2,839|
|Total|||287,322||287,322|i|137,344|
|EXPENDITURE ON||||||||
|Raising funds|||4,696||4,696'||2,447|
|Charitable
activities||||||||
|Training
and education|||186,434||186,434||132,880|
|Total|||191,130||191,130||135,327|
|NET INCOME|||96,192||96,192;||2,017|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought forward|||359,791||359,791||357,774|
|TOTAL FUNDS CARRIED FORWARD|||455,983||455,983.||359,791|
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|||31M|ARCH 2022|||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
||||Unrestricted|Restricted|Total||Total|
||||funds|funds|funds||funds|
|||Notes|||f.|||
|FIXEDASSETS||||||||
|Tangible assets||11|262,576||262,576||262,948|
|CURRENT ASSETS||||||||
|Debtors: amounts|falling due within one year|12|552||552||2,401|
|Cash at bank and in hand|||198,460||198,460||97,347|
||||199,012||199,012||99,748|
|CREDITORS||||||||
|Amounts
falling due within one year||13|(5,605)||(5,605)||(2,905)|
|NET CURRENT|ASSETS||193,407||193,407|'|96,843|
|TOTAL ASSETSLESSCURRENT||||||||
|LIABILITIES|||455,983||455,983||359,791|
|NET ASSETS|||455,983||455,983||359,791|
|FUNDS||14||||||
|Unrestricted
funds:||||||||
|Point Europa|||||193,407||96,843|
|Fixed Asset Reserve|||||262,576||262,948|
||||||455,983||359,791|
|TOTAL FUNDS|||||455,983||359,791|
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|OTHER TRADING AC|TIVITIES|||||
|---|---|---|---|---|---|
||||2022||2021|
||||f.|||
|Charity shop income|||16,968||1,149|
|Rent received|||910|3|1,690|
||||17,878||2,839|
|INCOME FROM CHARITABLE ACTIVITIES||||||
||||2022||2021|
||Activity|||||
|Point Europa projects|Training|and education|264,648||91,007|
|Grants|Training|and education|4,796||43,498|
||||269,444||134,505|
|||||I||
|Grants received, included|in the above, are as follows:|||||
||||2022||2021|
|HMRC JRSGrant|||2,129||24,067|
|Cornwall
Council Covid-19 Support|||2,667|i|19,431|
|||||I||
||||4,796||43,498|
|RAISING FUNDS||||||
|Other trading activities||||||
||||2022||2021|
|Staffcosts|||2,000||1,980|
|Charity shop expenses|||2,696||467|
||||4,696||2,447|
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||||||Support|||
|---|---|---|---|---|---|---|---|
|||||Direct|costs (see|||
|||||Costs|note 6)||Totals|
||Training|and education||128,631|57,803||186,434|
|6.|SUPPORT COSTS|||||||
||||||Governance|||
|||||Management|costs||Totals|
||Training|and education||48,978|8,825||57,803|
|7.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)||is stated after charging/(crediting):|||||
||||||2022||2021|
||Depreciation - owned assets||||372||1,032|
||Hire of|plant and machinery|||1,680|'|1,820|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||Operations||||2|2|
||No employees|received emoluments|in excess off60,000.||||
|10.|COMPARATIVES FORTHE STATEMENT OFFINANCIAL|||ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Charitable
activities||||||
||Training
and|education||134,505||134,505|
||Other trading|activities||2,839||2,839|
||Total|||137,344||137/44|
||EXPENDITURE ON||||||
||Raising funds|||2,447||2,447|
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||FORTHE YEAR|FORTHE YEAR|ENDED 31MAR|CH 2022|CH 2022||
|---|---|---|---|---|---|---|
|10.|COMPARATIVES FORTHE STATEMENT||OFFINANCIAL|ACTIVITIES - continued|||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||Charitable
activities||||||
||Training
and education|||132,880||132,880|
||Total|||135,327||135,327|
||NET INCOME|||2,017||2,017|
||RECONCILIATION|OFFUNDS|||||
||Total funds brought|forward||357,774||357,774|
||TOTAL FUNDS CARRIED FORWARD|||359,791||359,791|
|11.|TANGIBLE FIXED|ASSETS|||||
|||||Fixtures|||
|||Freehold|Office|and|Computer||
|||property|equipment|fittings
f|equipment|Totals|
||COST||||||
||At 1 April 2021 and||||||
||31March 2022|262,576|7/20|25,054|10,690|305,540|
||DEPRECIATION||||||
||At 1 April 2021||7/20|25,019|10,353|42,592|
||Charge for year|||35|337|372|
||At 31March 2022||7/20|25,054|10,690|42,964|
||NET BOOKVALUE||||||
||At 31March 2022|262,576||||262,576|
||At 31March 2021|262,576||35|337|262,948|
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|12.|DEBTORS:|A|MOUNTS FALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Other debtors||||||1,672|
||Prepayments|and accrued income||||552|729|
|||||||552|2,401|
|13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||||YEAR|||
|||||||2022|2021|
|||||||f.||
||Social security||and other taxes|||1,826||
||Other creditors|||||334|305|
||Accrued expenses|||||3,445|2,600|
|||||||5,605|2,905|
|14.|MOVEMENT||IN FUNDS|||||
|||||||Net||
|||||||movement|At|
||||||At I/4/21|in funds|31/3/22|
||Unrestricted|funds||||||
||Point Europa||||96,843|96,564|193,407|
||Fixed Asset Reserve||||262,948|(372)|262,576|
||||||359,791|96,192|455,983|
||TOTAL FUNDS||||359,791|96,192|455,983|
||Net movement||in funds, included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||f.||
||Unrestricted|funds||||||
||Point Europa||||287,321|(190,757)|96,564|
||Fixed Asset Reserve||||I|(373)|(372)|
||||||287,322|(191,130)|96,192|
||TOTAL FUNDS||||287,322|(191,130)|96,192|
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/4/20|in funds|31/3/21|
|Unrestricted|funds|||||
|Point Europa|||93,794|3,049|96,843|
|Fixed Asset|Reserve||263,980|(1,032)|262,948|
||||357,774|2,017|359,791|
|TOTAL FUNDS|||357,774|2,017|359,791|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|Point Europa|||137,344|(134,295)|3,049|
|Fixed Asset|Reserve|||(1,032)|(1,032)|
||||137,344|(135,327)|2,017|
|TOTAL FUNDS|||137,344|(135,327)|2,017|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1/4/20|in funds|31/3/22|
||||f.||
|Unrestricted|funds||||
|Point Europa||93,794|99,613|193,407|
|Fixed Asset|Reserve|263,980|(1,404)|262,576|
|||357,774|98/09|455,983|
|TOTAL FUNDS||357,774|98/09|455,983|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|f.||
|Unrestricted|funds||||
|Point Europa||424,665|(325,052)|99,613|
|Fixed Asset|Reserve|1|(1,405)|(1,404)|
|||424,666|(326,457)|98,209|
|TOTAL FUNDS||424,666|(326,457)|98/09|
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|FORTHE YEARENDED|31MARCH 2022|||
|---|---|---|---|
||2022||2021|
|INCOME AND ENDOWMENTS||||
|Other trading activities||||
|Charity shop income|16,968||1,149|
|Rent received|910||1,690|
||17,878||2,839|
|Charitable
activities||||
|Point Europa projects|264,648||91,007|
|Grants|4,796||43,498|
||269,444||134,505|
|Total incoming resources|287,322||137,344|
|EXPENDITURE||||
|Other trading activities||||
|Charity shop wages
Charity shop expenses|2,000
2,696:.||1,980
467|
||4,696|.|2,447|
|Charitable
activities||||
|Project costs|128,631||81,833|
|Support costs||||
|Management||||
|Wages|35,097||31,145|
|Social security|622||36|
|Pensions|1,892||113|
|Premises Rent
Rates and water|1,680
.
1,350:||1,820
637|
|Insurance|1,371||1,054|
|Light and heat|2,039||1,962|
|Telephone|2,522||2/87|
|Postage and stationery|427||199|
|Sundries|579||226|
|Repairs and renewals|40||1,502|
|Subscriptions|1,359||1,714|
||48,978||42,695|
|Governance
costs||||
|Wages|4,445||4,467|
|Social security|81||5|
|Pensions|308|||
|Accountancy|3,618||2,848|
|Carried forward|8,452||7,320|
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|||F RTHE YEAR END|ED 31MARCH 2022|||
|---|---|---|---|---|---|
||||2022||2021|
|||||i||
|Governance|costs|||||
|Brought forward|||8,452||7,320|
|Depreciation|ofF&F||35||694|
|Depn ofcomputer||equipment|338|'|338|
|||||j||
||||8,825||8,352|
|Total resources|expended||191,130||135,327|
|Net income|||96,192||2,017|