2021-03-31-accounts - St. Martin's Centre Partnership

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FOR THE YEAR ENDE	D 31 MA	RCH 2021
						2021	2020
				U ~restrtcted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	2			2
INCOME AND ENDOWMENTS Donations and legacies		FROM	2	149,159	169,183	318,342	185,080
Other trading activities Investment mcome Other income			3 4	218,455 41 ~3095		218,455 41 ~3095	3X,677 361 5,300
Total				370,750	169,183	539,933	491,418
EXPENDITURE ON
Raising funds			5	174		174
Charitable activities Charitable Activities			6	243)207	176 279	419J486	485295
Total				243,381	176,279	419,660	485,295
NET INCOME/(EXPENDITURE)				127,369	(7,096)	120,273	6,123
RECONCILIATION OF FUNDS
Total funds brought	forward			101,583	20,673	122,256	116,133
TOTAL FUNDS CARRIED FORWARD				228,952	13,577	~242 529	122,256

Cash flows from	operating	operating	activities:
Net cash provided	by operating activities					162,073	28,656
Cash flows from	Investing		activities:
Interest from investments						41	361
Purchase of plant	and equipment					(16,463)	(5,775)
Net cash used in	investing	activities				(16,422)	(6,414)
Change In cash	and cash		equivalents	In the reporting	period	145,651	23,142
Cash and cash equivalents			at 1 April 2020			'l04 080	80938
Cash and cash equivalents			at 31 March	2021		~249 731	104,080

Reconciliation of net income to	net cash flow from	2021	2020
operating activities		2	2
Net Income for the reporting period		120,273	6,123
Depreciation charges Interest from investments		7,215 (41)	7,511 (361)
Loss on disposal of lixed assets Decrease/(increase) in stock Decrease/(Increase) in debtors Increase In creditors		174 911 9,618 23,922	(15) (6,716) 22,014
Net cash provided by operating	activities	6, 56	6566
Cash and cash equivalents and	net debt comprise the following balances:

Cash and cash	eq	uivalents and net debt	comprise the	following bala	nces:
			At		Other non	At
			1 April		cash	31 March
			2020	Cash flows	changes	2021
Cash at bank and		in hand	104,080	145,651		249,731
Total cash and	cash equivalents		104,080	145,651		249,731
Bank loans due	within one year
Bank loans due	in	more than one year
TOTAL			1DD DDD	565

FOR	THE YEAR ENDED 31 MARCH 2021	THE YEAR ENDED 31 MARCH 2021
2.	DONATIONS AND LEGACIES
				2021	2020
	Grants			318,342	8 185,080
	Grants received, included m the abave, are		as follows:
				2021	2020
	Sure Start Awards for All SirJames Knot Henry Smith Charity Rothley Trust Garfield Weston Foundation Hadrlan Trust Newcastle Fund - Volunteer Project BBCChildren In Need Kellett Fund at the Community Foundation Northumberland		Tyne & Wear and	9 30,327 5,000 101,300 30,000 1229I3	32,246 7,435 5,000 60,000 750 1,000 20,147 9,978 29,988
	The Joicey Trust Other sundry grants European Social Fund - CLLD Life Chances Fund - CLLD Linden Family at the Community Northumberland	Foundation	Tyne & Wear and	3,000	3,000 7,637 2,470 1,976 2,839
	CJRS Community Foundation 1yne & NCC Business Grant Pargiter Trust at the Community Northumberland	Wear and Northumberland -Covid 19 Foundation Tyne & Wear and		77,256 10,000 41,576 5,000	614
	VINCI UK Foundation			~2000
				~318342	185,080

ST MARTIN'S CENTRE PART	ST MARTIN'S CENTRE PART	NERSHIP	NERSHIP
NOTES TO THE FINANCIAL		STATEMENTS - continued
FOR	THE YEAR ENDED 31 MARCH 2021
4.	INVESTMENT INCOME			2021	2020
					0
	Deposit account interest			41	361
5.	RAISING FUNDS
	InvesIment management		costs	2021	2020
	Loss on sale oi assets			174
6.	CHARITABLE ACTIVmES COSTS
					Direct
					Costs (see
					note 7)
					2
	Charitable Activities				419,486
	DIRECT COSTS OF CHARITABLE ACTIVITIES
				2021	2020
					2
	Staff costs			330,207	369,427
	Rates and water Insurance			1,607 2,680	5,449 2,363
	Light and heat Telephone and ICT Postage and stationery Cafd purchases Sundries			1&046 3,790 574 51,427	15,935 2,705 692 14,464 43,627
	Training Repairs snd renewals Bank charges Travelling Bad debts Accountancy Depreciation			30 18,133 180 877 120 1,600 ~7216	1,832 14,674 563 3,857 1,996 7,511
				~419486	465,295

		2021	2020
		2	2
Depreciation —owned assets Deficit on disposal of fixed assets		7,215 174	7,511
independent	examiners fees	~1600	~l996

The ave	rage	mont	hly number o	f employees dunng the ye	ar was as follows:
					2021	2020
Management		and	administration	staff	6	5
Project	staff				4	7
Nursery	staff				12	12
Support	staff				2	3
					23	27

FOR	THE YEAR ENDED 31 MARCH 2021	THE YEAR ENDED 31 MARCH 2021
11.	TANGIBLE FIXED ASSETS
			Fixtures
		Plant and	and	Computer
		machinery	fitgngs	equipment	Totals
					6
	COST At 1 April 2020 Additions Disposals	24,462 479 ~413)	71,473 14,295	15,178 1,689	111,113 16,453 ~413)
	At 31 March 2021	~24 528	~85 768	~16867	1~27 163
	DEPRECIATION
	At 1 April 2020 Charge for year Eliminated on disposal	16,190 2,074 ~239)	48,454 4,114	12,332 1,027	76,976 7,215 ~239)
	At 31 March 2021	~18 025	~52568	~13359	~83952
	NET BOOK VALUE At 31 March 2021	~6503	~33 200	~3508	~43 211
	At 31 March 2020	8,272	23,019	2,846	34,137
12.	STOCKS
				2021	2020
				2	2
	Stocks			446	1,358
13,	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR		2021	2020
				2	2
	Trade debtors			781	15,747
	Other debtors Prepayments			14,096 ~2816	8,928 ~2636
				~17 693	27,311

CREDITORS:	NE YEAR
	2021	2020
	2	2
Trade creditors Social securay and other taxes Accruals and deterred income	4,518 3,633 ~60 401	ggfi 4,152 ~39482
	~68 552	44,630

Balance as al 1 Apnl 2020 Amount released to Income Amount deferred in year	from other trading			33,365 (33465) 52,750
Balance as at 31 March 2021				55 75D
MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.20	in funds	31.3.21
		2	E	5
Unrestricted funds
General fund Sure Start Capital asset fund		95,123 ~6460	125,559 25I40 ~1130)	220,682 2,940 ~5330
Restricted funds		101,583	127,369	228,952
BBCChildren In Need		4,989	5,399	10,388
Older people project - KeiteN Fund at
the Community Foundation	Tyne &
Wear and Northumberland Comic Relief		12,495 350	f12,495)	350
Linoen Family at the Community
Foundation Tyne & Wear and
Northumberland		2839		~2839
		20 673	~7096)	~13 77
TOTAL FUNDS		122256	~120273	~242 29

Net movement in lunds,	inclu	ded	in the abov	e are as follo	ws:
					Incoming	Resources	Movemenl
					resources	expended	m funds
						6	5
Unrestricted funds
General fund					125,559		125,559
Sure Start					30,327	(27,387)	2,940
General - Nursery					214,652	(214,652)
Cafe and Hospitality Capital asset fund General fundraising					48 164	(48) (1,130) ~164)	(1,130)
					370,750	(243,361)	127,369
Restricted funds
BBCChildren in Need					12,883	(7,484)	5,399
Henry Smith Charity Sir James Knott Trust					101,300 5,000	(101,300) (5,000)
Older people project - Kellett Fund al
the Community Foundation Wear and Northumberland		Tyne &				(12,495)	(12,495)
Garfield Weston					30,000	(30,000)
The Joicey Trust					3,000	(3&000)
Community Foundation Northumberland - Covid	Tyne & Wear and 19				10,000	(10,000)
VINCI UK Foundation					2,000	(2,000)
Pargiter Trust at the Communiiy Wear and Northumberland			Foundation	Tyne &	5,000	~5000)
					~169183	(176,279)	~096
TOTAL FUNDS					~539933	~419660)	~120273

					Net
					movement	At
				At 1.4.19	in funds	31.3.20
					2
Unrestricted	funds
General fund				90,070	5,053	95,123
General - Nursery Capital asset fund				5,427 7790	(5,427) ~1330)	6,460
Restricted funds				103,287	(1,704)	101,583
BBCChildren	ln Need				4,989	4,989
Older people	project - Kellett Fund at
the Community	Foundation		Tyne &
Wear and Northumberland				12,496		12,495
Comic Relief				350		350
Linden Family	at the Community
Foundation Tyne		& Wear	and
Norlhumberland					~2839	2,839
				~12646	~7827	20,673
TOTAL FUNDS				116,'l33	~6123	122,256

Comparative nst movement	in funds, inclr.ded in	the above are as follows	.
		Incoming	Resources	Movement
		resources	expended	in funds
		2		2
Unrestricted funds
General fund		31,346	(26,293)	5,053
Sure Start		32,246	(32,246)
General - Nursery		235,384	(240,811)	(5,427)
Cafe and Hospitality		32,977	(32,977)
Capital asset fund General fundraising		6,631	(1,330) ~6,631)	(1.330)
		338,584	(340,288)	(1,704)
Restricted funds
BBCChiklren In Need		9,978	(4,989)	4,989
Henry Smith Charity		60,000	(60,000)
Sir James Knott Trust		5,000	(5,000)
Rothley Trust		750	(750}
Newcastle Fund - Volunteer	Project	20,147	(20,147)
Older people project - Kellett Fund at
the Community Foundation	Tyne 5
Wear and Northumberland		29,988	(29,989)
Other Sundry Grants		7,637	(7,637)
The Hadrian Trust		1,000	(1,000)
Awards for All		7,435	(7,435)
Community Led Local Developmenl-
European Social Fund		2470	(2,470)
Community Led Local Development-
Life Chances Fund		1,976	(1,976)
Linden Family at the Community
Foundation Tyne &Wear and
Northumberland		2,839		2,839
CJRS The Joicey Trust		614 3,000	(614) ~3,000)
		152,834	~145007)	7,827
TOTAL FUNDS		491,418	(485,295)	6,123

A currenl year	12months	and prior year 12 monlh	s combined position is	as follows:
				Net
				movement	At
			At 1.4.19	in funds	31.3.21
			2	8
Unrestricted	funds
General fund			90,070	130,612	220,682
Sure Start				2,940	2,940
General - Nursery Capital asset fund			5,427 ~7790	(5,427) ~2460)	~5330
			103,287	125,665	228,952
Restricted funds
BBCChildren	In Need			10,388	10,388
Older people	project - Kellett Fund at
the Community	Foundation	Tyne &
Wear and Northumberland			12,496	(12,496)
Comic Relief			350		350
Linden Family	at the Community
Foundation Tyne 8 Wear		and
Northumberland				~2839	~2839
			~12846	731	~13577
TOTAL FUNDS			116,133	126,396	242,529

A current year 12 months above are as follows:	a	nd prio	r year 12	months cona	rlned nel movem	ent in funds, i	ncluded in tir	ncluded in tir
					Incoming	Resources	Movement
					resources	expended	in funds
					2		2
Unrestricted funds
General fund					156,905	(26,293)	130,612
Sum Start					62,573	(69,633)	2,940
General Nursery					450,036	(455,463)	(5,427)
Cafe and Hospitality					33,025	(33,025)
Capital asset fund General fundraising					6,795	(2,460) ~6,795)	(2,460)
					709,334	(583,669)	125,665
Restricted funds
SSC Chikiren In Need					22,861	(12,473)	10,388
Henry Smith Charity SirJames Knott Trust					161,300 10,000	(161,300) (10,000)
Rothley Trust					750	(750)
Newcastle Fund - Volunteer		Project			20,147	(20,147)
Older people project - Kellett Fund at
the Community Foundation Wear and Norlhumberland		Tyne	&		29,988	(42,484)	(12,496)
Other Sundry Grants The Hadrian Trust					7,637 1,000	(7,637) (1,000)
Awards for All					7,435	(7,435)
Community Led Local Development- European Social Fund					2,470	(2,470)
Community Led Local Develapment- Llte Chances Fund					1,976	(1,976)
Linden Family at the Community
Foundation Tyne &Wear and Northumberland					2,839		2,839
CJRS					614	(614)
Garfield Weston					30,000	(30,000)
The Joicey Trust					6,000	(6,000)
Community Foundation	Tyne & Wear and
Northumberland - Cavid	19				10,000	(10,000)
VINCI UK Foundation					2,000	(2,000)
Pargiter Trust at the Community Wear and Nonhumberland			Foundation	Tyne &	5,000	~5000)
					322,017	~321 286)		731
TOTAL FUNDS					1~031,351	~904 955)	126	396
Pur ose of nrestricted		Funds