REGISTERED COMPANY NUMBER: 04750979 (England and Wales) REGISTERED CHARITY NUMBER: 1110163
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
IBC Accountants Suite 1, Unit C3, Knights Park Industrial Estate Knight Road Rochester Kent ME2 2LS
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |
|---|---|
| Report of the Trustees | 1-4 |
| Independent Examiner’s Report | 5-6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8-9 |
| Notes to the Financial Statements | 10-16 |
| Detailed Statement of Financial Activities | 17-18 |
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in 2011.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04750979 (England and Wales)
Registered Charity number
1110163
Registered office Brogdale Farm Office Brogdale Farm Brogdale Road
Faversham Kent ME13 8XZ
Trustees
Ms T L Bennett Dr L Davies Mr G K Robinson Mr I Tittley Mrs J Tardivel Mrs S Thompson Mr I Ferguson
Company Secretary
Dr L Davies
Independent examiner
A F Keeves IBC Accountants Suite 1, Unit C3, Knights Park Industrial Estate Knight Road Rochester Kent ME2 2LS
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charitable company is governed by its memorandum and articles of association.
Page 1
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees
Potential new trustees are sought by the chairman and other trustees. Selections are made with a view to ensuring that a broad spread of professional skills are available within the trustee team and that public, private and charitable institutions and recording bodies’ interests in the work of the records centre are represented. In particular trustees will be sought from within the steering group.
The trustees retire by rotation on the basis of who have been longest in the office since their last appointment or reappointment, but as between persons who became or were last reappointed trustees on the same day those to retire shall (unless they agree otherwise among themselves) be determined by lot.
If the charitable company at the meeting at which a trustee retires by rotation does not fill the vacancy the retiring trustee shall, if willing to act, be deemed to have been reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution for the reappointment of the trustee is put to the meeting and lost.
Organisational structure
The Chief Executive, Hannah Cook, controls the day to day administration under the direction of the trustees.
Risk management
The trustees have assessed the major risks to which the charitable company is exposed and are satisfied that systems are in place to mitigate its exposure to risks.
OBJECTIVES AND ACTIVITIES Objectives and aims
The Company’s objects are
(1) through the collection and dissemination of records, data or information on the biology, ecology, geology or other aspects of the natural history of the county of Kent, to
(a) advance public education in the biology, ecology, geology and other aspects of the natural history of the county of Kent,
(b) advance public participation in, and public understanding and enjoyment of, the conservation of the natural environment and wildlife, and
(c) advance the sustainable use of the natural environment and wildlife for public benefit; and
(2) to promote, encourage, organise and carry on study and research for the advancement of knowledge in the natural sciences in Kent.
The mission of the charitable company is to encourage and support recording whilst at the same time making those records collected as widely available as possible.
In accordance with section 17 of the Charities Act 2011, the trustees have had due regard to the guidance published by the Charity Commission on the operation of the requirement that our charitable purpose is for the public benefit.
Page 2
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
Review of activities and future developments
The figures for Kent and Medway Biological Records Centre have, in this financial year, continued to be positive. The income from survey sales was up on last year at £136,326 compared to £134,126 in 20/21 whilst income from grants and service level agreements increased from £34,054 in 2020/21 to £34,161 although this is more a factor of when the SLA payments arrive with us than any real drop in SLA provision. We have once again ended the financial year on a surplus of £30,967 meaning that our free funds currently stand at £289,397, up from £258,430 in 2020/21.
Our data holdings have continued to increase with the current total having this year reached more than 8.5 million individual entries, up from 8 million this time last year. Despite extraordinarily challenging circumstances over the past two years with covid restrictions, The Records Centre staf continue to work on digitising the paper file data held within the filing cabinets of Eric Philp’s museum database. These archives hold an estimated 1.5 million individual species records of which approximately half had previously been digitised and made available to the KMBRC or indeed had been digitised by our staf during visits to the Maidstone Museum. A number of our local recording groups including Kent Bat Group, Kent Mammal Group, Kent Botanical Recording Group, Kent Reptile and Amphibian Group and Kent Ornithological Society continue to provide regular updates under data exchange agreements which involve us also sharing any relevant data with them. This, to us, is a vital process as we strongly believe that in order to provide a co-ordinated approach to species protection and conservation in the County, both we and the specialist groups must be working from the same datasets.
We are working on several projects at the moment and in this past financial year have been working with Kent County Council, Bumblebee Conversation Trust, the National Trust as well as the ongoing work with Kent Wildlife Trust on the delivery phase of the Fifth Continent Landscape Partnership project.
Corporate Sponsors
In the past, KMBRC has benefitted from working in partnership with a number of corporate sponsors, including the Environment Agency, Kent Wildlife Trust, Kent County Council and Southern Water, Affinity Water and Dover District Council but over the past few years of economic uncertainty a number of SLA contracts have either been reduced in terms of their funding provision or have been withdrawn altogether. We have, in 2021/22 secured new agreements with all of our existing SLA partners, as well as a brand new partnership with Forestry England and Network Rail.
Volunteering
Whilst we have still continued to have enquiries about volunteering opportunities over the past year we have unfortunately not been able to host anyone due to the ongoing covid restrictions. We sincerely hope that we can welcome some new volunteers into the office in 2022/23 financial year.
Press and Publicity
We continue to receive numerous requests from the media for help and advice on a variety of news topics and stories. A renewed interest in home grown produce is leading to more enquiries about natural pest repellants, composting and making gardens more friendly for wildlife.
Page 3
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
Website and Social Media
The website and Social media presence continue to be a valuable source of information for our end users and we make the efort to ensure that the information held on both is up to date and relevant.
Reserves Policy and Risk Management
The trustees have reviewed the reserves of the charitable company and have established a policy under which the free reserves held should be between three and four months of resources expended, that is between £33,000 and £44,000. This provides working capital and would enable the charitable company to continue operations in the event of a significant drop in funding long enough to reduce or cease its activities in an orderly manner. At 31st March 2022 the free funds amounted to £289,397 as compared to £258,430 on the same date in 2021.
The trustees have assessed the major risks to which the charitable company is exposed and continue to monitor the steps KMBRC takes, in order to satisfy themselves that systems are in place to mitigate its exposure to risks. There have been no incidents relating to security of our property or systems in the financial year. This report has been prepared in accordance with the statement of Recommended Practice Accounting and Reporting by Charities (revised 2005) and in accordance with the special provisions contained in Part 15 of the Companies Act 2006 relating to small companies.
For and on behalf of the trustees Teresa Bennett
Chairman Date
Page 4
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
Independent examiner's report For the year ended 31 March 2022
Independent examiner's report to the trustees of Kent & Medway Biological Records Centre
I report on the financial statements of the company for the year ended 31 March 2022 which are set out on pages 7 to 18.
This report is made solely to the company's trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the company's trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's trustees as a body, for my work or for this report.
Respective responsibilities of trustees and examiner
The trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
Having satisfied myself that the company is not subject to audit under charity or company law and is eligible for independent examination, it is my responsibility to:
- . examine the financial statements under section 145 of the Act;
. follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Act; and
- . state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a 'true and fair view' and the report is limited to those matters set out in the statement below.
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
Independent examiner's statement
Page 5
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
. to keep accounting records in accordance with section 386 of the Companies Act 2006; and
. To prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached
Signed
Dated:
A.F. Keeves, IBC Accountants, Suite 1, Unit C3, Knights Park Industrial Estate, Knight Road, Rochester, Kent, ME2 2LS.
Page 6
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
2022 2021 Unrestricted Restricted Total Total funds funds funds funds Notes £ £ £ £ INCOMING RESOURCES Incoming resources from Generated funds
| Voluntary income 2 Investment income 3 Incoming resources from Charitable activities 4 Records 134126 Other incoming resources - Total incoming resources 168270 RESOURCES EXPENDED Charitable activities 5 Records 120117 Governance costs 7 Total resources expended 122028 NET INCOMING RESOURCES 46242 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
34161 - 8 - 136326 - - 170495 - 137663 - 1865 - 139528 - 30967 - 258430 289397 |
34161 34054 8 90 - 136326 - 170495 137663 1865 1911 139528 30967 258430 212188 289397 258430 |
|
|---|---|---|---|
The notes form part of these financial statements
Page 7
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
BALANCE SHEET AT 31 MARCH 2022
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 11 | 320 | - | 320 | 1289 | |
| CURRENT ASSETS | ||||||
| Debtors | 12 | 50167 | - | 50167 | 34050 | |
| Cash at bank | 247831 | - | 247831 | |||
| 232645 |
297998
297998
266695
| CREDITORS | |||||||
|---|---|---|---|---|---|---|---|
| Amounts falling due | |||||||
| within one year | 13 | 8921 | - | 8921 | |||
| 9554 | _____ | _____ | |||||
| NET CURRENT ASSETS | 289077 |
- |
289077 | 257141 | |||
| ______ | ____ | ||||||
| TOTAL ASSETS LESS | |||||||
| CURRENT LIABILITIES | 289397 | - | 289397 |
258430 | |||
| _____ | ______ | ||||||
| NET ASSETS | 289397 | - | 289397 | 258430 | |||
| FUNDS | 15 | ||||||
| Unrestricted funds | 289397 _____ |
- | 289397 ______ |
258430 | |||
| TOTAL FUNDS | 289397 | - | 289397 | 258430 |
Page 8
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
BALANCE SHEET – CONTINUED AT 31 MARCH 2022
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of afairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (efective April 2008).
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
Dr L Davies - Trustee
The notes form part of these financial statements
Page 9
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The accounts have been prepared in accordance with the Companies Act, the Statement of Recommended Practice – Accounting and Reporting by Charities (revised 2005), the Financial Reporting Standard for Smaller Entities (efective April 2008), and in accordance with applicable accounting standards.
Comparative figures are for the year ended 31 March 2021.
Accounting convention
The accounts have been prepared under the historic cost convention.
Incoming resources
Investment income
Interest on bank deposits is taken into account on an accruals basis.
Donations
Donations are credited in the period in which they are received.
` Donated goods
Gifts of new goods are valued for purposes of the accounts at the cost to the donor, where this is known. Gifts of other goods are valued at the estimated current purchase price.
Grants
Grants are recognised when the conditions for receipt have been complied with.
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Governance costs
Governance costs are those associated with the governing of the charitable company not relating to fundraising, charitable activities or day to day management.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write of the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost Tangible fixed assets are stated at cost less depreciation. Fixed assets costing less than £250 are not capitalised.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 10
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES – continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company contributes to various defined contribution pension schemes covering all of its employees. The assets of the schemes are held separately from those of the charitable company in independently administered funds. The pension cost charge represents contributions payable by the charitable company to the funds.
2. VOLUNTARY INCOME
| Donations Kent County Council Southern Water Environment Agency Kent Wildlife Trust Natural England Kent Field Club Miscellaneous 3. INVESTMENT INCOME Deposit account interest 4. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Activity Sales survey Records |
2022 £ 2100 10000 - 12647 8314 - - 1100 34161 2022 £ 8 2022 £ 136326 |
2021 £ 2000 10000 4039 12647 5088 280 - - . 5 34054 2021 £ 90 2021 £ 134126 |
|---|---|---|
Page 11
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| 5. CHARITABLE ACTIVITIES COSTS Records - Year ended 31 March 2022 6. SUPPORT COSTS Staf Property Computer £ £ £ Records 110054 18867 3895 Support costs, included in the above are as follows: Staf Salaries Social Security Pensions Miscellaneous expenses Other staf costs Travel and subsistence Staf training Property Light and heat Rent and service charges Maintenance Cleaning |
£ Other £ 2022 £ 97703 4136 - - 40 |
|---|---|
Page 12
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
6. SUPPORT COSTS – continued
Computer
| Software licences Other computer costs Depreciation of tangible fxed assets 1800 Other Insurance Telephone Postage and stationery General expenses (Book-keeping & Payroll) Bank charges Professional fees Subscriptions Miscellaneous 7. GOVERNANCE COSTS Accountancy 8. NET INCOMING/(OUTGOING) RESOURCES Net resources are stated after charging: Depreciation – owned assets |
2022 £ 1421 3895 2022 £ 529 709 145 535 909 744 4847 2022 £ 1865 30967 2022 £ 1288 |
2021 £ 864 1186 1072 1288 3736 2021 £ 505 991 451 176 825 1006 106 35 - 1438 4257 2021 £ 1911 46242 2021 £ 1800 |
2021 £ 864 1186 1072 1288 3736 2021 £ 505 991 451 176 825 1006 106 35 - 1438 4257 2021 £ 1911 46242 2021 £ 1800 |
2021 £ 864 1186 1072 1288 3736 2021 £ 505 991 451 176 825 1006 106 35 - 1438 4257 2021 £ 1911 46242 2021 £ 1800 |
1072 |
|---|---|---|---|---|---|
451 825 |
|||||
Page 13
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
9. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
10. STAFF COSTS
| 2022 2021 £ £ Wages and salaries 97703 86337 Social security costs 5822 4177 Other pension costs 4136 4683 107661 95197 The average monthly number of employees during the year was as follows: 2022 2021 Administration 3 4 There were no employees who received emoluments of £60,000 or more. 11. TANGIBLE FIXED ASSETS Ofce Computer Furniture equipment Totals £ £ £ COST At 1 April 2021 - 7912 7912 Additions 319 - 319 Scrapped - 3000 3000 Cost at 31 March 2022 319 4912 5231 DEPRECIATION At 1 April 2021 - 6623 6623 Charge for year - 1288 1288 Scrapped - 3000 3000 Depreciation At 31 March 2022 - 4911 4911 NET BOOK VALUE At 31 March 2022 319 1 320 At 31 March 2021 - 3089 3089 Page 14 KENT & MEDWAY BIOLOGICAL RECORDS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade debtors 42365 26134 Other debtors 7802 7916 _____ 50167 34050 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade creditors 572 82 |
2022 2021 £ £ Wages and salaries 97703 86337 Social security costs 5822 4177 Other pension costs 4136 4683 107661 95197 The average monthly number of employees during the year was as follows: 2022 2021 Administration 3 4 There were no employees who received emoluments of £60,000 or more. 11. TANGIBLE FIXED ASSETS Ofce Computer Furniture equipment Totals £ £ £ COST At 1 April 2021 - 7912 7912 Additions 319 - 319 Scrapped - 3000 3000 Cost at 31 March 2022 319 4912 5231 DEPRECIATION At 1 April 2021 - 6623 6623 Charge for year - 1288 1288 Scrapped - 3000 3000 Depreciation At 31 March 2022 - 4911 4911 NET BOOK VALUE At 31 March 2022 319 1 320 At 31 March 2021 - 3089 3089 Page 14 KENT & MEDWAY BIOLOGICAL RECORDS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade debtors 42365 26134 Other debtors 7802 7916 _____ 50167 34050 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade creditors 572 82 |
2022 2021 £ £ Wages and salaries 97703 86337 Social security costs 5822 4177 Other pension costs 4136 4683 107661 95197 The average monthly number of employees during the year was as follows: 2022 2021 Administration 3 4 There were no employees who received emoluments of £60,000 or more. 11. TANGIBLE FIXED ASSETS Ofce Computer Furniture equipment Totals £ £ £ COST At 1 April 2021 - 7912 7912 Additions 319 - 319 Scrapped - 3000 3000 Cost at 31 March 2022 319 4912 5231 DEPRECIATION At 1 April 2021 - 6623 6623 Charge for year - 1288 1288 Scrapped - 3000 3000 Depreciation At 31 March 2022 - 4911 4911 NET BOOK VALUE At 31 March 2022 319 1 320 At 31 March 2021 - 3089 3089 Page 14 KENT & MEDWAY BIOLOGICAL RECORDS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade debtors 42365 26134 Other debtors 7802 7916 _____ 50167 34050 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Trade creditors 572 82 |
|---|---|---|
| 2021 £ 82 |
| VAT | 6224 | 6379 | |||
|---|---|---|---|---|---|
| Pension scheme | - | - | |||
| Accrued expenses | 2125 | 1850 | |||
| Sundry Creditors | - _____ |
1243 | |||
| 8921 | 9554 | ||||
| 14. | OPERATING LEASE COMMITMENTS | ||||
| The following operating lease payments are committed to be paid within | one | year: | |||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Within one year | 15625 | 13000 | |||
| ______ | |||||
| 15625 | 13000 |
Page 15
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS
| Net | Transfers | Transfers | ||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | |||||||
| At 1/4/21 | in funds | funds | At 31/3/22 | |||||
| £ | £ | £ | £ | |||||
| Unrestricted funds | ||||||||
| General fund | 247930 | 30967 | - | 278897 | ||||
| Redundancy reserve | 9500 | - | - | 9500 | ||||
| Fixed asset reserve fund | 1000 | - | - |
1000 | ||||
| TOTAL FUNDS | 258430 |
30967 |
- |
289397 | ||||
| Net movement in funds, included in | the above are as follows: | |||||||
| Incoming | Resources | |||||||
| Movement | ||||||||
| resources | expended | in funds | ||||||
| £ | £ |
£ | ||||||
| Unrestricted funds | ||||||||
| General fund | 170495 | 139528 | 30967 |
TOTAL FUNDS
The redundancy reserve fund has been set up to identify those funds which would be required to meet the charitable company’s statutory redundancy obligations in the event of it ceasing operation.
The fixed asset reserve has been set up to assist in identifying those funds which are not free funds and represents the net book value of tangible fixed assets less the related loan finance.
16. RELATED PARTY DISCLOSURES
None.
Page 16
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| 2022 £ INCOME RESOURCES Voluntary income Donations 2100 Kent County Council 10000 Southern Water - Environment Agency 12647 Kent Wildlife Trust 8314 Natural England - Kent Field Club - Miscellaneous 1100 34161 Investment income Deposit account interest 8 Incoming resources from charitable activities Sales surveys 136326 Other incoming resources Other - Total incoming resources 170495 RESOURCES EXPENDED Governance costs Accountancy 1865 Support costs |
2021 £ 2000 10000 4039 12647 5088 280 - - 34054 90 134126 - 168270 1911 |
|---|---|
| Staf Salaries Social Security Pensions Miscellaneous expenses Other staf costs Travel and subsistence Staf training |
97703 5822 4136 - - 2353 40 110054 |
86337 4177 4683 224 - 992 30 96443 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 17
KENT & MEDWAY BIOLOGICAL RECORDS CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Property Light and heat Rent and service charges Maintenance Cleaning Computer Software licences Other computer costs Computer equipment Computer equipment depreciation Other Insurance Telephone Postage and stationery General expenses (Book Keeping & Payroll) Bank charges Professional fees Subscriptions Miscellaneous Total resources expended Net Income |
2022 2021 £ £ 1006 786 17487 14547 154 148 220 200 18867 15681 1421 864 1186 1072 - - 1288 1800 3895 3736 529 505 709 991 451 176 825 1006 145 106 535 35 909 - 744 1438 4847 4257 139528 122028 30967 46242 |
||
|---|---|---|---|
This page does not form part of the statutory financial statements
Page 18