| Page | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | directors' | report) | ||||
| Independent examiner's |
report to the | trustees | ||||||
| Statement of financial |
activities | (including | income and expenditure | account) | 15 | |||
| Balance sheet | 16 | |||||||
| Notes to the financial | statements | 17 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| Note | K | 6 | ||||
| Income and endowments | ||||||
| Grants and donations | 5 | 272,337 | 66,791 | 339,128 | 242,816 | |
| Charitable activities |
7 | 1,309 | 1,309 | 1,872 | ||
| investment income |
8 | 1,836 | 1,836 | 1,144 | ||
| Total income | 275,482 | 66,791 | 342,273 | 245,832 | ||
| Expenditure | ||||||
| Charitable activities |
9 | 177,260 | 73,074 | 250,334 | 225,191 | |
| Total expenditure | 177,260 | 73,074 | 250,334 | 225,191 | ||
| Net income before | transfer offunds | 98,222 | (6,283) | 91,939 | 20,641 | |
| Transfers between funds |
(8,538) | 8,538 | ||||
| Net movement in funds |
89,684 | 2,255 | 91,939 | 20,641 | ||
| Reconciliation offunds |
||||||
| Total funds brought |
forward | 184,519 | 2,835 | 187,354 | 166,713 | |
| Total funds carried forward | 274,203 | 5,090 | 279,293 | 187,354 |
| Note | f | 2021 | 2020 f |
|||||
|---|---|---|---|---|---|---|---|---|
| Current assets | ||||||||
| Debtors | 15 | 766 | 718 | |||||
| Cash at bank and | in | hand | 296,508 | 246,069 | ||||
| 297,274 | 246,787 | |||||||
| Creditors: Amounts | falling due within | |||||||
| one year | 16 | (17,981) | (59,433) | |||||
| Net current assets | 279,293 | 187,354 | ||||||
| Total assets less | current liabilities | 279,293 | 187,354 | |||||
| Net assets | 279,293 | 187,354 | ||||||
| Funds ofthe charity | ||||||||
| Restricted funds |
5,090 | 2,835 | ||||||
| Unrestricted funds |
274,203 | 184,519 | ||||||
| Total charity funds | 17 | 279,293 | 187,354 |
| Grants and donations | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 f |
|
| Donations | |||
| Donations | 25,488 | 4,500 | 29,988 |
| Grants | |||
| Grants | 246,849 | 62,291 | 309,140 |
| 272,337 | 66,791 | 339,128 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| 5 | f | 6 | |
| Donations | |||
| Donations | 30,112 | 7,100 | 37,212 |
| Grants | |||
| Grants | 148,000 | 57,604 | 205,604 |
| 178,112 | 64,704 | 242,816 |
| Grants and donations | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Grants Receivable | |||||
| Mid Suffolk District Council | 86,700 | 86,700 | |||
| Suffolk Community Foundation |
56,155 | 405 | |||
| The National Association of Citizen |
Advice Bureaux | 55,689 | 41,482 | ||
| Ipswich & East Suffolk CCG |
20,251 | 20,250 | |||
| Innovation Community |
16,667 | ||||
| Stowmarket Relief Trust |
15,000 | 15,000 | |||
| Suffolk County Council | 12,973 | 20,250 | |||
| Ipswich & District CAB |
12,659 | ||||
| Stowmarket Town Council |
7,600 | 7,600 | |||
| Mrs Smith & Mrs Mount Trust | 7,083 | 2,917 | |||
| Caf Bank - Covid 19 | 5,000 | ||||
| NHS Ipswich | 5,000 | ||||
| M SSociety | 4,000 | 4,000 | |||
| Alfred Williams Charitable |
Trust | 3,000 | 2,000 | ||
| Needham &Barking Charitable |
Trust | 1,000 | |||
| Access to Justice Foundation | 5,000 | ||||
| Other grants | 363 | ||||
| 309,140 | 205,604 | ||||
| Donations | |||||
| Ashton KCJ |
7,949 | ||||
| Private Donations | 7,813 | 10,422 | |||
| Parish Councils | 6,900 | 4,265 | |||
| Mr & Mrs Ward | 3,000 | ||||
| Needham Market Town Council |
2,500 | 2,000 | |||
| Stowmarket District Lions |
1,000 | 1,000 | |||
| Needham Market 8 Barking Welfare Charities |
500 | 500 | |||
| Mid Suffolk District Council | - locality | grant | 300 | 8,800 | |
| Other donations | 26 | ||||
| Geoffrey Burton Charitable | Trust | 1,850 | |||
| Santander | 3,750 | ||||
| Stowmarket Town Council |
Mayor's | Charity | 2,625 | ||
| Suffolk County Council —locality |
grant | 2,000 | |||
| 29,988 | 37,212 |
| Charitable | activities | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| E | 6 | 6 | ||
| Other income | 1,309 | 1,309 | ||
| PensionWise | ||||
| 1,309 | 1,309 |
| 7. | Charitable | activities | activities | (conrinued) | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||||
| Funds f |
Funds f |
2020 f |
||||||
| Other income | 924 | 55 | 979 | |||||
| PensionWise | 893 | 893 | ||||||
| 1,817 | 55 | 1,872 | ||||||
| 8. | Investment | income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds f |
2021 f |
Funds f |
2020 f |
|||||
| Bank interest | receivable | 1,836 | 1,836 | 1,144 | 1,144 |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | ||||
| 6 | 6 | 6 | ||||
| Surviving | Winter grants | 3,790 | 3,790 | |||
| Staff recruitment | 75 | 75 | ||||
| Staff training | ||||||
| Travel | ||||||
| Volunteer | training | 668 | 668 | |||
| Volunteer | expenses | 1,406 | 351 | 1,757 | ||
| Volunteer | other | 192 | 192 | |||
| Wages and salaries | 125,731 | 56,729 | 182,460 | |||
| Supportcosts | 45,398 | 15,994 | 61,392 | |||
| 177,260 | 73,074 | 250,334 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 | ||||
| f | F | f | ||||
| Surviving | Winter grants | |||||
| Staff recruitment | ||||||
| Staff training | 1,858 | 325 | 2,183 | |||
| Travel | 723 | 201 | 924 | |||
| Volunteer | training | 89 | 89 | |||
| Volunteer | expenses | 2,874 | 371 | 3,245 | ||
| Volunteer | other | 198 | 198 | |||
| Wages and salaries | 103,476 | 49,836 | 153,312 | |||
| Support costs | 47,465 | 17,775 | 65,240 | |||
| 156,683 | 68,508 | 225,191 | ||||
| Analysis | ofsupport costs | |||||
| 2021 | 2020 | |||||
| F | ||||||
| Offices costs | 33,344 | 36,789 | ||||
| Premises | costs | 25,963 | 25,456 | |||
| Legal and | professional | fees | 2,085 | 2,487 | ||
| Trustees | expenses | 508 | ||||
| 61,392 | 65,240 | |||||
| 10. | Net income | |||||
| Net income is stated after charging: | ||||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Depreciation oftangible |
fixed assets | 3,403 | ||||
| Operating | lease rentals | 20,156 | 19,839 | |||
| 20,156 | 23,242 |
| Independent | examinatio | n fees |
||||||
|---|---|---|---|---|---|---|---|---|
| 2021 f |
2020 6 |
|||||||
| Fees payable | to the independent | examiner for: | ||||||
| Independent | examination | ofthe financial | statements | 1,800 | 1,800 | |||
| Staff costs | ||||||||
| The total staff | costs and | employee | benefits for the reporting | period are analysed | as follows: | |||
| 2021 | 2020 | |||||||
| 5 | 6 | |||||||
| Wages and salaries | 166,596 | 140,542 | ||||||
| Social security | costs | 5,301 | 3,499 | |||||
| Pension costs | 10,563 | 9,271 | ||||||
| 182,460 | 153,312 |
| Office | |||||
|---|---|---|---|---|---|
| equipment | |||||
| Cost | |||||
| At 1 April | 2020 and 31 March 2021 | 33,986 | |||
| Depreciation | |||||
| At 1 April | 2020 and 31 March 2021 | 33,986 | |||
| Carrying | amount | ||||
| At 31 March | 2021 | ||||
| At 31 March | 2020 | ||||
| 15. | Debtors | ||||
| 2021 | 2020 | ||||
| 5 | |||||
| Prepayments | and accrued income | 766 | 718 |
| Creditors: Amounts |
falling due within one year | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | |||
| Accruals and deferred | income | 17,272 | 59,233 |
| Social security and other taxes | 204 | ||
| Other creditors | 505 | 200 | |
| 17,981 | 59,433 |
| Analysis of | charitable fun |
ds | ||||
|---|---|---|---|---|---|---|
| At 1 April | At 31 March | |||||
| 2020f | Income 6 |
Expenditure | Transfers 8 |
2021 E |
||
| Unrestricted | funds | |||||
| General funds | 74,519 | 275,482 | (177,260) | (48,538) | 124,203 | |
| Equipment Reserve |
10,000 | 10,000 | 20,000 | |||
| Contractual | Commitment | |||||
| Reserve | 55,000 | 55,000 | ||||
| Development | Reserve | 5,000 | 5,000 | 10,000 | ||
| Property Reserve |
40,000 | 40,000 | ||||
| Covid 19Reserve | 25,000 | 25,000 | ||||
| 184,519 | 275,482 | (177,260) | (8,538) | 274,203 | ||
| Restricted funds | ||||||
| BIM Project | 11,916 | (15,627) | 3,711 | |||
| Employment | Advice | 1,357 | 8,000 | (4,688) | 4,669 | |
| Financial Capability |
4,851 | 6,973 | (11,824) | |||
| Help to Claim | (3,373) | 28,302 | (29,756) | 4,827 | ||
| M SSociety | 4,000 | (3,579) | 421 | |||
| Rent | 7,600 | (7,600) | ||||
| 2,835 | 66,791 | (73,074) | 8,538 | 5,090 | ||
| At 1 April | At 31 March | |||||
| 2019 6 |
Incomef | Expenditure 6 |
Transfers | 2020 f |
||
| Unrestricted | funds | |||||
| General funds | 53,248 | 181,073 | (156,683) | (3,119) | 74,519 | |
| Equipment Reserve |
10,000 | 10,000 | ||||
| Contractual | Commitment | |||||
| Reserve | 55,000 | 55,000 | ||||
| Development | Reserve | 5,000 | 5,000 | |||
| Property Reserve |
40,000 | 40,000 | ||||
| 163,248 | 181,073 | (156,683) | (3,119) | 184,519 | ||
| Restricted funds | ||||||
| BIM Project | 15,426 | (18,545) | 3,119 | |||
| Employment | Advice | 5,000 | (3,643) | 1,357 | ||
| Financial Capability |
2,995 | 7,826 | (5,970) | 4,851 | ||
| Help to Claim | 24,907 | (28,280) | (3,373) | |||
| M SSociety | 470 | 4,000 | (4,470) | |||
| Rent | 7,600 | (7,600) | ||||
| 3,465 | 64,759 | (68,508) | 3,119 | 2,835 |
| As at 31 December | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total Funds | ||
| Funds 6 |
Fundsf | Funds f |
2021 | ||
| Current assets | 124,203 | 150,000 | 5,090 | 279,293 | |
| Net Assets | 124,203 | 150,000 | 5,090 | 279,293 | |
| As at 31 December | 2020 | ||||
| Unrestdcted | Designated | Restricted | Total Funds | ||
| Funds 6 |
Fundsf | Funds | 2020 | ||
| Current assets | 74,519 | 110,000 | 2,835 | 187,354 | |
| Net Assets | 74,519 | 110,000 | 2,835 | 187,354 | |
| Financial commitments | |||||
| Total commitments | under non-cancellable | operating leases |
are as follows: | ||
| 2021 | 2020 f |
||||
| Amounts due within |
one year | 21,628 | 17,607 | ||
| Amounts due between one and 5years |
18,607 | ||||
| 40,235 | 17,607 |