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2022-03-31-accounts
|
Page |
| Reference and Administrative Details of the Charitable Company, its Trustees and |
1 - 2 |
| Advisers |
|
| Trustees’Report |
3-15 |
| Independent Auditor's Report on the Financial Statements |
16-19 |
| Statement of Financial Activities (incorporating income and expenditure account) |
20 |
| Balance Sheet |
21 - 22 |
| Statement of Cash Flows |
23 |
| Notes to the Financial Statements |
24 - 40 |
| Trustees |
Brenda Ellis, Chairman |
|
Bob Newman, Vice Chair |
|
Dr Jonathan Geldard, Treasurer |
|
Charlotte Fitzgerald, Trustee (resigned 1 June 2022) |
|
Mark Norman, Trustee |
|
Michael Page, Trustee |
|
Tonia Parsons, Trustee (resigned 1 January 2022) |
|
Lucy Robinson, Trustee (resigned 1 January 2022) |
|
Indira Allen, Trustee (appointed 3 December 2021) |
|
Anne Brown, Trustee (appointed 3 December 2021) |
| Company registered |
|
| number |
05325167 |
| Charity registered |
|
| number |
1108177 |
| Registered office |
Imperial House |
|
20-22 Rosemary Road |
|
Clacton on Sea |
|
Essex |
|
C0151NZ |
| Company secretary |
Sharon Alexander |
| Chief executive officer |
Sharon Alexander |
| Independent auditor |
Scrutton Bland LLP |
|
Chartered Accountants and Statutory Auditor |
|
820 The Crescent |
|
Colchester Business Park |
|
Colchester |
|
Essex |
|
C049YQ |
| Bankers |
CAF Bank Limited |
|
Kings Hill |
|
West Mailing |
|
Kent |
|
ME19 4JQ |
|
CCLA Investment Management |
|
COIF Charity Funds |
|
80 Cheapside |
|
London |
|
EC2V 6DZ |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2022 |
2021 |
|
Note |
£ |
£ |
£ |
£ |
£ |
| Income and |
|
|
|
|
|
|
| endowments from: |
|
|
|
|
|
|
| Grants and donations |
4 |
1,462,241 |
1,529,668 |
|
2,991,909 |
751,006 |
| Charitable activities |
5 |
82,784 |
- |
- |
82,784 |
54,957 |
| Other trading activities |
6 |
3,978 |
4,164 |
- |
8,142 |
825 |
| Investments |
7 |
1,835 |
- |
- |
1,835 |
1,918 |
| Total income and |
|
|
|
|
|
|
| endowments |
|
1,550,838 |
1,533,832 |
- |
3,084,670 |
808,706 |
| Expenditure on: |
|
|
|
|
|
|
| Charitable activities |
9 |
1,156,111 |
246,389 |
3,575 |
1,406,075 |
852,120 |
| Total expenditure |
|
1,156,111 |
246,389 |
3,575 |
1,406,075 |
852,120 |
| Net movement in |
|
|
|
|
|
|
| funds |
10 |
394,727 |
1,287,443 |
(3,575) |
1,678,595 |
(43,414) |
| Reconciliation of |
|
|
|
|
|
|
| funds: |
|
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
| forward |
|
897,244 |
354,532 |
353,890 |
1,605,666 |
1,649,080 |
| Net movement in funds |
|
394,727 |
1,287,443 |
(3,575) |
1,678,595 |
(43,414) |
| Total funds carried |
|
|
|
|
|
|
| forward |
|
1,291,971 |
1,641,975 |
350,315 |
3,284,261 |
1,605,666 |
|
|
|
2022 |
|
2021 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
13 |
|
1,091,698 |
|
1,095,805 |
|
|
|
1,091,698 |
|
1,095,805 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
255,031 |
|
266,788 |
|
| Cash at bank and in hand |
|
2,924,460 |
|
983,307 |
|
|
|
3,179,491 |
|
1,250,095 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
15 |
(604,428) |
|
(740,234) |
|
| Net current assets |
|
|
2,575,063 |
|
509,861 |
| Total assets less current liabilities |
|
|
3,666,761 |
|
1,605,666 |
| Creditors: amounts falling due after more |
|
|
|
|
|
| than one year |
16 |
|
(382,500) |
|
- |
| Net assets excluding pension asset |
|
|
3,284,261 |
|
1,605,666 |
| Total net assets |
|
|
3,284,261 |
|
1,605,666 |
| Charity funds |
|
|
|
|
|
| Endowmentfunds |
18 |
|
350,315 |
|
353,890 |
| Restricted funds |
18 |
|
1,641,975 |
|
354,532 |
| Unrestricted funds |
18 |
|
1,291,971 |
|
897,244 |
| Total funds |
|
|
3,284,261 |
|
1,605,666 |
|
|
2022 |
2021 |
|
Note |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Net cash used in operating activities |
21 |
1,959,267 |
462,457 |
| Cash flows from investing activities |
|
|
|
| Interest received |
|
1,835 |
1,918 |
| Purchase of tangible fixed assets |
|
(19,949) |
|
| Net cash (used in)/provided by investing activities |
|
(18,114) |
1,918 |
| Cash flows from financing activities |
|
|
|
| Net cash provided by financing activities |
|
- |
- |
| Change in cash and cash equivalents in the year |
|
1,941,153 |
464,375 |
| Cash and cash equivalents atthe beginning of the year |
|
983,307 |
518,932 |
| Cash and cash equivalents at the end of the year |
22 |
2,924,460 |
983,307 |
| The notes on pages 24 to40 form part of these financial statements |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Donations |
13,836 |
- |
13,836 |
| Grants |
1,448,405 |
1,529,668 |
2,978,073 |
|
1,462,241 |
1,529,668 |
2,991,909 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Donations |
9,257 |
2,750 |
12,007 |
| Grants |
430,536 |
308,463 |
738,999 |
|
439,793 |
311,213 |
751,006 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2022 |
2022 |
|
£ |
£ |
| Contributions from Imperial House |
75,394 |
75,394 |
| Management and other fees |
2,530 |
2,530 |
| Other Charitable Activities |
4,860 |
4,860 |
|
82,784 |
82,784 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Contributions from Imperial House |
44,097 |
44,097 |
| Management and otherfees |
2,658 |
2,658 |
| Other Charitable Activities |
8,202 |
8,202 |
|
54,957 |
54,957 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Beach Hut etc. |
3,978 |
- |
3,978 |
| Community Fair |
- |
335 |
335 |
| Friendship cafe |
- |
3,829 |
3,829 |
|
3,978 |
4,164 |
8,142 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Beach Hut etc. |
612 |
- |
612 |
| Community Fair |
- |
45 |
45 |
| Friendship cafe |
- |
168 |
168 |
|
612 |
213 |
825 |
| Unrestricted |
Total |
| funds |
funds |
| 2022 |
2022 |
| £ |
£ |
| 1,835 |
1,835 |
| Unrestricted |
Total |
| funds |
funds |
| 2021 |
2021 |
| £ |
£ |
| 1,918 |
1,918 |
| Unrestricted |
Total |
| funds |
funds |
| 2022 |
2022 |
| £ |
£ |
| 7,800 |
7,800 |
| 12,000 |
12,000 |
| 19,800 |
19,800 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Accountancy fees |
1,425 |
1,425 |
2,850 |
| Staffcosts |
5,004 |
- |
5,004 |
|
6,429 |
1,425 |
7,854 |
|
**Unrestricted ** |
**Restricted ** |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Depreciation on fixed assets used for |
|
|
|
|
| charitable purposes |
19,019 |
1,462 |
3,575 |
24,056 |
| Cost of activities in furtherance of the charity's |
|
|
|
|
| objectives |
1,117,292 |
244,927 |
- |
1,362,219 |
| Governance (note 8) |
19,800 |
- |
- |
19,800 |
|
1,156,111 |
246,389 |
3,575 |
1,406,075 |
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Depreciation on fixed assets used for |
|
|
|
|
| charitable purposes |
13,637 |
1,462 |
3,575 |
18,674 |
| Cost of activities in furtherance ofthe charity's |
|
|
|
|
| objectives |
539,096 |
286,496 |
- |
825,592 |
| Governance (note 8) |
6,429 |
1,425 |
- |
7,854 |
|
559,162 |
289,383 |
3,575 |
852,120 |
|
2022 |
2021 |
|
£ |
£ |
| Net income/(expenditure) is stated after charging |
|
|
| Audit fees |
7,800 |
- |
| Independent examination fees |
- |
2,850 |
| Depreciation |
24,056 |
18,674 |
| Staffpension contributions |
12,386 |
8,508 |
|
2022 |
2021 |
|
£ |
£ |
| Wages and salaries |
645,729 |
423,948 |
| Social security costs |
39,029 |
21,913 |
| Contribution to defined contribution pension schemes |
12,386 |
8,508 |
|
697,144 |
454,369 |
|
2022 |
2021 |
|
No. |
No. |
| Employees |
37 |
27 |
|
Freehold |
Fixtures and |
|
|
property |
fittings |
Total |
|
£ |
£ |
£ |
| Cost or valuation |
|
|
|
| At 1 April 2021 |
1,290,018 |
173,191 |
1,463,209 |
| Additions |
- |
19,949 |
19,949 |
| At 31 March 2022 |
1,290,018 |
193,140 |
1,483,158 |
|
Freehold |
Fixtures and |
|
|
property |
fittings |
Total |
|
£ |
£ |
£ |
| Depreciation |
|
|
|
| At 1 April 2021 |
199,822 |
167,582 |
367,404 |
| Charge forthe year |
12,900 |
11,156 |
24,056 |
| At 31 March 2022 |
212,722 |
178,738 |
391,460 |
| Net book value |
|
|
|
| At 31 March 2022 |
1,077,296 |
14,402 |
1,091,698 |
| At 31 March 2021 |
1,090,196 |
5,609 |
1,095,805 |
|
2022 |
2021 |
|
£ |
£ |
| Trade debtors |
255,031 |
264,989 |
| Other debtors |
- |
1,799 |
|
255,031 |
266,788 |
|
2022 |
2021 |
|
£ |
£ |
| Trade creditors |
15,084 |
34,304 |
| Other taxation and social security |
12,444 |
7,957 |
| Other creditors |
3,208 |
303 |
| Accruals and deferred income |
573,692 |
697,670 |
|
604,428 |
740,234 |
|
2022 |
2021 |
|
£ |
£ |
| Deferred income |
|
|
| Deferred income at 1 April 2021 |
694,820 |
1,559 |
| Resources deferred during the year |
788,392 |
694,820 |
| Amounts released from previous periods |
(534,820) |
(1,559) |
|
948,392 |
694,820 |
|
2022 |
2021 |
|
£ |
£ |
| Accruals and deferred income |
382,500 |
- |
| Financial instruments |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Financial assets |
|
|
| Financial assets measured at transaction price |
255,031 |
266,788 |
|
2022 |
2021 |
|
£ |
£ |
| Financial liabilities |
|
|
| Financial liabilities measured at transaction price |
974,484 |
732,277 |
| Financial assets comprise trade and other debtors. |
|
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| CIC/Imperial House |
49,295 |
62,196 |
(58,060) |
- |
53,431 |
| Harwich Centre (HC) |
- |
2,601 |
(36,558) |
35,000 |
1,043 |
| Fundraising and sundry |
|
|
|
|
|
| charitable accounts |
24,288 |
3,978 |
(2,476) |
. |
25,790 |
| Lunch Club (LC) |
314,330 |
17,906 |
(26,062) |
15,000 |
321,174 |
| Resilience |
39,733 |
167,117 |
(206,253) |
- |
597 |
| Social Prescribing |
54,710 |
563,631 |
(225,888) |
(15,000) |
377,453 |
| Property maintenance reserve |
100,408 |
- |
- |
- |
100,408 |
| Core TCVS |
314,480 |
304,969 |
(271,872) |
- |
347,577 |
| Health projects |
- |
428,440 |
(328,942) |
(35,000) |
64,498 |
|
897,244 |
1,550,838 |
(1,156,111) |
- |
1,291,971 |
| Endowment funds |
|
|
|
|
|
| Building Development Fund |
353,890 |
- |
(3,575) |
|
350,315 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Restricted funds |
|
|
|
|
|
| Big Lottery: Healthier |
|
|
|
|
|
| Independent Longer Lives |
|
|
|
|
|
| (HILL) |
99,641 |
102,500 |
(98,077) |
- |
104,064 |
| LDP |
16,241 |
69,834 |
(30,933) |
- |
55,142 |
| Grassroots |
1,707 |
600 |
(2,263) |
- |
44 |
| Colchester Catalyst: HC |
92,169 |
- |
(931) |
- |
91,238 |
| Capital Fund |
144,774 |
- |
(1,462) |
- |
143,312 |
| Men's Mental Health |
|
|
|
|
|
| Community Fund |
- |
55,642 |
(48,970) |
- |
6,672 |
| Essex Carers |
- |
40,000 |
- |
- |
40,000 |
| Active Essex |
|
1,492 |
(300) |
- |
1,192 |
| Live Well |
|
1,143,000 |
- |
- |
1,143,000 |
| Sector Sustainability |
|
100,660 |
(56,612) |
- |
44,048 |
| Seeds 4 Growth |
|
15,808 |
(2,545) |
- |
13,263 |
| Winterwarmth campaign |
|
4,296 |
(4,296) |
- |
- |
|
354,532 |
1,533,832 |
(246,389) |
- |
1,641,975 |
| Total of funds |
1,605,666 |
3,084,670 |
(1,406,075) |
- |
3,284,261 |
|
|
|
|
Balance at |
|
Balance at |
|
|
31 March |
|
1 April 2020 |
Income |
Expenditure |
2021 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| CIC/Imperial House |
73,897 |
35,336 |
(59,938) |
49,295 |
| Harwich Centre (HC) |
- |
13,588 |
(13,588) |
- |
| Fundraising and sundry charitable accounts |
23,676 |
612 |
- |
24,288 |
| Lunch Club (LC) |
314,330 |
24,596 |
(24,596) |
314,330 |
| Resilience |
52,193 |
112,087 |
(124,547) |
39,733 |
| Social Prescribing |
42,039 |
150,620 |
(137,949) |
54,710 |
| Property maintenance reserve |
100,408 |
- |
- |
100,408 |
| Core TCVS |
352,583 |
108,597 |
(146,700) |
314,480 |
| Health projects |
- |
35,500 |
(35,500) |
- |
| IVP |
- |
16,344 |
(16,344) |
- |
|
959,126 |
497,280 |
(559,162) |
897,244 |
| Endowmentfunds |
|
|
|
|
| Building Development Fund |
357,465 |
|
(3,575) |
353,890 |
|
|
|
|
Balance at |
|
Balance at |
|
|
31 March |
|
1 April 2020 |
Income |
Expenditure |
2021 |
|
£ |
£ |
£ |
£ |
| Restricted funds |
|
|
|
|
| Big Lottery: Healthier Independent Longer |
|
|
|
|
| Lives (HILL) |
6,962 |
205,349 |
(112,670) |
99,641 |
| Big Lottery: Awards for All |
6,289 |
- |
(6,289) |
- |
| Essex County Council (ECC): HC |
15,000 |
- |
(15,000) |
- |
| Men's Mental Health Community Fund |
- |
42,287 |
(42,287) |
- |
| TDC: Sport England |
3,090 |
- |
(3,090) |
- |
| ECC: Active Tendring and Jaywick |
1,269 |
- |
(1,269) |
- |
| LDP |
- |
22,073 |
(5,832) |
16,241 |
| Grassroots |
1,000 |
750 |
(43) |
1,707 |
| Colchester Catalyst: HC |
93,100 |
- |
(931) |
92,169 |
| Tendring District Council (TDC): HC |
19,600 |
- |
(19,600) |
- |
| Harwich Town Council: HC |
3,920 |
193 |
(4,113) |
- |
| Covid-19 response |
- |
8,500 |
(8,500) |
- |
| Winter warmth campaign |
- |
4,296 |
(4,296) |
- |
| Lions |
533 |
- |
(533) |
- |
| Shop Mobility |
851 |
- |
(851) |
- |
| Capacity Builders |
23,916 |
- |
(23,916) |
- |
| Colchester Catalyst Charity Befriending |
|
|
|
|
| Training |
4,650 |
. |
(4,650) |
_ |
| HIT Project |
- |
27,978 |
(27,978) |
- |
| Capital Fund |
146,236 |
- |
(1,462) |
144,774 |
| Awards for All |
6,073 |
- |
(6,073) |
- |
|
332,489 |
311,426 |
(289,383) |
354,532 |
| Total of funds |
1,649,080 |
808,706 |
(852,120) |
1,605,666 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
897,244 |
1,550,838 |
(1,156,111) |
|
1,291,971 |
| Endowment funds |
353,890 |
|
(3,575) |
|
350,315 |
| Restricted funds |
354,532 |
1,533,832 |
(246,389) |
|
1,641,975 |
|
1,605,666 |
3,084,670 |
(1,406,075) |
- |
3,284,261 |
|
|
|
|
Balance at |
|
Balance at |
|
|
31 March |
|
1 April 2020 |
Income |
Expenditure |
2021 |
|
£ |
£ |
£ |
£ |
| General funds |
959,126 |
497,280 |
(559,162) |
897,244 |
| Endowmentfunds |
357,465 |
- |
(3,575) |
353,890 |
| Restricted funds |
332,489 |
311,426 |
(289,383) |
354,532 |
|
1,649,080 |
808,706 |
(852,120) |
1,605,666 |
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
388,313 |
353,070 |
350,315 |
1,091,698 |
| Current assets |
1,890,586 |
1,288,905 |
- |
3,179,491 |
| Creditors due within one year |
(604,428) |
- |
- |
(604,428) |
| Creditors due in more than one year |
(382,500) |
- |
- |
(382,500) |
| Total |
1,291,971 |
1,641,975 |
350,315 |
3,284,261 |
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
387,383 |
354,532 |
353,890 |
1,095,805 |
| Currentassets |
1,250,095 |
- |
- |
1,250,095 |
| Creditors due within one year |
(740,234) |
- |
- |
(740,234) |
| Total |
897,244 |
354,532 |
353,890 |
1,605,666 |
|
|
2022 |
2021 |
|
|
£ |
£ |
| Net income/(expenditure) for the year |
(as per Statement of Financial |
|
|
| Activities) |
|
1,678,595 |
(43,414) |
| Adjustments for: |
|
|
|
| Depreciation charges |
|
24,056 |
18,674 |
| Interest received |
|
(1,835) |
(1,918) |
| Decrease/(increase) in debtors |
|
11,757 |
(238,298) |
| Increase in creditors |
|
246,694 |
727,413 |
| Net cash provided by operating activities |
|
1,959,267 |
462,457 |
|
2022 |
2021 |
|
£ |
£ |
| Cash in hand |
2,924,460 |
983,307 |
| Total cash and cash equivalents |
2,924,460 |
983,307 |