| Trustees | A Cathies | |
|---|---|---|
| J Cigman | ||
| P Gifford | ||
| J Lewis | ||
| M Smith | ||
| Secretary | S Martin | (resigned 6 April 2023) |
| Charity number | 1110418 | |
| Company number | 04938680 | |
| Principal address | Chequers Bridge Centre | |
| Painswick Road | ||
| Gloucester | ||
| GL4 6PR | ||
| Registered office | Chequers Bridge Centre | |
| Painswick Road | ||
| Gloucester | ||
| GL4 6PR | ||
| Independent examiner | Griffiths Marshall | |
| Beaumont House | ||
| 172 Southgate Street | ||
| Gloucester | ||
| Gloucestershire | ||
| GLI 2EZ | ||
| Bankers | Unity Trust Bank Plc | |
| Four Brindley Place | ||
| Birmingham | ||
| Bi 2JB |
| Page | |
|---|---|
| Trustees' report | I -11 |
| Statement of trustees' responsibilities | 12 |
| Independent examiner's report | 13 |
| Statement of financial activities | 14 |
| Balance sheet | 15 |
| Statement of cash flows | ittl |
| Notes to the financial statements | 17-29 |
| Unrestricted Restricted | Unrestricted Restricted | Total | Unrestricted Restricted |
Total | |
|---|---|---|---|---|---|
| funds funds |
funds funds |
||||
| 2023 2023 |
2023 | 2022 2022 |
2022 | ||
| Notes | ££ | £ | ££ | £ | |
| Income and endowments | from: | ||||
| Grants and donations | 3 | 10,709 172,356 |
183,065 | 11,581 131 1830 |
143,411 |
| Incoming resources | |||||
| from charitable activities | |||||
| Woodworking Income | 4 | 900 | 900 | - 1,815 |
1,815 |
| Other trading activities | 5 | 8,245 31 1197 |
39,442 | 9,652 24,510 |
34,162 |
| Other income | 6 | - 26,501 |
26,501 | 319 51,083 |
51 7402 |
| Total income | 18,954 230,954 |
249,908 | 21,552 209,238 |
230,790 | |
| Expenditure on: | |||||
| Raising funds | |||||
| Costs of generating | |||||
| funds | 7 | 2,693 | 2,693 | - 2,562 |
2,562 |
| Charitable activities | 8 | 3,971 223,326 |
227,297 | 3,537 217 7206 |
220,743 |
| Other | 10 | 221- | 221 | 209 | 209 |
| Total resources | |||||
| expended | 4,192 226,019 |
230,211 | 3,746 219,768 |
223,514 | |
| Net incoming | |||||
| resources before | |||||
| transfers | 14 1762 4,935 |
19,697 | 17,806 (10,530) |
7 1276 |
|
| Gross transfers between | |||||
| funds | 2(2) | - | 3(3) | ||
| Net income for the year! | |||||
| Net movement in funds | 14 7764 4,933 |
19,697 | 17,809 (10,533) |
7 7276 |
|
| Fund balances at 1 April | |||||
| 2022 | 58,677 138,973 |
197,650 | 40,868 149,506 |
190 7374 | |
| Fund balances at 31 | |||||
| March 2023 | 73,441 143,906 |
217,347 | 58,677 138,973 |
197,650 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | £ £ |
£ | £ | ||
| Fixed assets | |||||
| Tangible assets | 14 | 1596 | 2,810 | ||
| Current assets | |||||
| Debtors | 15 | 2 3795 8,455 |
|||
| Cash at bank and in hand | 16 | 328,737 252 1 |
129 | ||
| 331,532 260,584 |
|||||
| Creditors: amounts falling due within | |||||
| one year | 17(115,781) (65,744) |
||||
| Net current assets | 215,751 | 194,840 | |||
| Total assets less current liabilities | |||||
| Income funds | |||||
| Restricted funds | 20 | 143,906 | 138,973 | ||
| Unrestricted funds | 73,441 | 58,677 | |||
| 217347 | 197,650 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | £ £ |
£ | £ | |
| Cash flows from operating activities | ||||
| Cash generated from operations | 23 | 76,608 | 55,869 | |
| Net cash used in investing activities | ||||
| Net cash used in financing activities | ||||
| Net increase in cash and cash equivalents | 76,608 | 55,869 | ||
| Cash and cash equivalents at beginning of year | 252,129 | 196,260 | ||
| Cash and cash equivalents at end of year | 328,737 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 |
2022 | 2022 | |
| £ | £ | £ | £ |
£ | £ | |
| Donations and gifts | 709 | 4,229 | 4,938 | 1,581 |
849 | 2 1430 |
| Grant income | 10,000 | 168,127 | 178,127 | 10,000 |
130,981 | 140,981 |
| 10,709 | 172,356 | 183,065 | 11,581 |
131,830 | 143,411 | |
| Donations and gifts | ||||||
| Donations | 709 | 4 1229 | 4,938 | 1,581 |
849 | 2 1430 |
| 709 | 4 7229 | 4,938 | 1,581 |
849 | 2 1430 |
| 3 | Grants and donations |
(Continued) | (Continued) | ||||
|---|---|---|---|---|---|---|---|
| Grant income | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds | funds |
funds | funds | ||||
| 2023 | 2023 |
2023 | 2022 |
2022 | 2022 | ||
| £ | £ |
£ | £ |
£ | £ | ||
| Active Gloucestershire | - | 1,750 |
1,750 | - |
2 1772 | 2,772 | |
| Allen Lane Foundation | - | 3,000 |
3,000 | - |
- | - | |
| Anonymous | 10,000 | 10,000 |
20,000 | 10,000 |
10,000 | 20,000 | |
| Barnwood Trust | - | 1,345 |
1,345 | - |
- | - | |
| Edward Gostling Foundation | - | - |
5,000 | 5,000 | |||
| Frognal Trust | - | - |
1,000 | 1,000 | |||
| Garfield Weston Foundation | - | 13,750 |
13,750 | - |
1 1250 | 1,250 | |
| Gloucester City Council | 655 | 655 | - |
5,825 | 5,825 | ||
| Gloucester City Homes | - | 500 |
500 | - |
- | - | |
| Gloucestershire Community | |||||||
| Foundation | - | 3,000 |
3,000 | - |
- | - | |
| Gloucestershire County Council | - | 7,998 |
7,998 | - |
20,196 | 20,196 | |
| Gloucestershire Gateway Trust | - | 20,500 |
20,500 | - |
20,150 | 20,150 | |
| Gloucestershire Wildlife Trust | - | 5,000 |
5,000 | - |
- | - | |
| Henry Smith Charity | 9,160 | 9,160 | - |
1,600 | 1 1600 | ||
| National Lottery Community | |||||||
| Fund | - | 59,938 |
59,938 | - |
18,688 | 18,688 | |
| Office of the Police and Crime | |||||||
| Commissioner Gloucestershire | - | 4,000 |
4,000 | - |
18,000 | 18,000 | |
| Postcode Local Trust | - | 4,631 |
4,631 | - | 12,500 | 12,500 | |
| St James Place Foundation | 5,000 | 5,000 | - |
- | - | ||
| Stroud District Council | - | 4,000 |
4,000 | - |
4,000 | 4,000 | |
| Summerfield Trust | 2,900 | 2,900 | - |
- | - | ||
| Sydney Black | 500 | 500 | - |
- | - | ||
| Thirty Percy Foundation | |||||||
| Hotspots NetworkProject | - | 10,000 |
10,000 | - |
10,000 | 10,000 | |
| Twinkle Trust | 500 | 500 | - |
- | - | ||
| 1u,uuu | 1b,1ZI |
1R&];1 | _1r%r%nl- _ |
li_t)_OQ1 | 1AttOc1 |
| Unrestricted | Restricted | Total Unrestricted |
Total Unrestricted |
Restricted Total |
|
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | 2022 2022 |
|
| £ | £ | £ | £ | £ £ |
|
| Woodworking | |||||
| income | - | 900 | 900 | - | 1,815 1,815 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Fees | 5,593 | 31 1197 | 36,790 | 9,317 | 24,510 | 33,827 |
| Woodworking income | 2,652 | - | 2,652 | 335 | - | 335 |
| 8,245 | 31 1197 | 39,442 | 9,652 | 24,510 | 34,162 | |
| Other income | ||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Other income | - | 26,501 | 26,501 | 319 | 51,083 | 51 1402 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total |
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 |
| £ | £ | £ | £ | £ | £ |
| Costs of generating funds- | 2,693 | 2,693 | 2,562 | 2,562 | |
| - | 2,693 | 2,693 | 2,562 | 2,562 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Staff costs (see note 13) | 142,368 | 131,418 |
| Share of support costs (see note 11) | 82,673 | 86,925 |
| Share of governance costs (see note 11) | 2 1256 | 2,400 |
| 227 1297 | 220,743 | |
| Analysis by fund | ||
| Unrestricted funds | 3,971 | 3,537 |
| Restricted funds | 223,326 | 217,206 |
| 227,297 | 220,743 |
| Unrestricted | Restricted | Total Unrestricted RestrictedTotal |
|
|---|---|---|---|
| funds | funds | funds funds |
|
| 2023 | 2023 | 2023 2022 20222022 |
|
| £ | £ | ££££ | |
| Financing costs | 221 | 221209-209 | |
| 221 | - | 221209-209 |
| 11 | Support costs |
||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2023 | Support costs | Governance | 2022 | ||
| costs | costs |
costs | |||||
| £ | £ |
£ | £ |
£ | £ | ||
| Depreciation | 1 2213 | 1 1213 | 804 |
- | 804 | ||
| Rent, rates & room hire | 11,512 | - |
11,512 | 10,655 |
- | 10,655 | |
| Misc. expenses | 29,353 | - |
29,353 | 44,220 |
- | 44,220 | |
| Postage, printing&office | |||||||
| supplies | 852 | - |
852 | 1,011 |
- | 1,011 | |
| Phone, internet& | |||||||
| computer | 2,897 | 2,897 | 2,807 |
- | 2,807 | ||
| Staff travel, expenses& | |||||||
| training | 7 1992 | - |
7 1992 | 10,048 |
- | 10,048 | |
| Project activity costs | 22,924 | 22,924 | 11,865 |
- | 11,865 | ||
| Professional fees | 786 | - |
786 | 13 |
- | 13 | |
| Equipment | 1,007 | - |
1,007 | 2,507 |
- | 2,507 | |
| Evaluation& | |||||||
| subscriptions | 850 | 850 | 354 |
- | 354 | ||
| Insurances | 3,287 | - |
3,287 | 2,641 |
- | 2,641 | |
| Audit fees | 2,256 | 2,256 | - |
2 7400 | 2,400 | ||
| 82,673 | 2,256 |
84,929 | 86,925 |
2,400 | 89,325 | ||
| Analysis by fund | |||||||
| Unrestricted funds | 1,715 | 2,256 |
3,971 | 1,137 | 2,400 | 3,537 | |
| Restricted funds | 80,958 | 80,958 | 85,788 |
- | 85,788 | ||
| 82,673 | 2,256 |
84,929 | 86,925 |
2 7400 | 89,325 |
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Fair Shares | 2 | 2 |
| Stroud | 1 | 1 |
| Gloucester | 5 | 3 |
| Young People's Project | 1 | 1 |
| GEM Project | I | 1 |
| Total | 10 | 8 |
| Employment costs | 2023 | 2022 |
| £ | £ | |
| Wages and salaries | 132,794 | 117,329 |
| Social security costs | 2,464 | 2,499 |
| Sessional staff | 4,800 | 9,554 |
| Recruitment | 232 | 285 |
| Pension costs | 2,078 | 1 1751 |
| 142,368 | 131 1418 | |
| Analysis by fund | ||
| Unrestricted funds | - | - |
| Restricted funds | 142,368 | 131,418 |
| 142,368 | 131,418 |
| Fixtures, Motor vehicles | Fixtures, Motor vehicles | Total | ||
|---|---|---|---|---|
| fittings & | ||||
| equipment | ||||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2022 | 24,934 | 60,275 | 85,209 | |
| At 31 March 2023 | 24,934 | 60275 | 85,209 | |
| Depreciation and impairment | ||||
| At I April 2022 | 24 1252 | 58,147 | 82,399 | |
| Depreciation charged in the year | 682 | 531 | 1 7213 | |
| At 31 March 2023 | 24,934 | 58,678 | 83,613 | |
| Carrying amount | ||||
| At 31 March 2023 | - | 1,596 | 1,596 | |
| At 31 March 2022 | 682 | 2 1128 | 2,810 | |
| 15 | Debtors | |||
| 2023 | 2022 | |||
| Amounts falling due within one year: | £ | £ | ||
| Trade debtors | 557 | 6,313 | ||
| Prepayments and accrued income | 2,238 | 2 1142 | ||
| 2,795 | 8,455 |
| ash at bank and in hand | |||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Bank current account | 325,592 | 250,673 | |
| Credit Card | - | 4 | |
| Petty cash | 14; | 14F7 | |
| reditors: amounts falling due within one year | |||
| 2023 | 2022 | ||
| Notes | £ | £ | |
| Deferred income | 19 | 110,440 | 45,888 |
| Trade creditors | 3,341 | 17 1856 | |
| Accruals and deferred income | 2 1000 | 2 5000 | |
| 115,781 | 65,744 |
| 20232022 | |
|---|---|
| £ £ |
|
| Arising from Deferred Income | 110,440 45,888 |
| Movement in funds | Movement in funds | ||||
|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Transfers | Balance at | |
| I April 2022 | resources | expended | 31 March 2023 | ||
| £ | £ | £ | £ | £ | |
| BTNP | 1,018 | 5,344 | (4,064) | (1) | 2,297 |
| Covid Response | 3 7695 | 18,000 | (21,695) | - | - |
| GEM Project | 10,397 | 16,473 | (26,870) | - | - |
| Gloucester | 70,595 | 125,447 | (111,559) | - | 84 1483 |
| Network Crafts Group | 3,914 | 900 | (20) | - | 4 1794 |
| New Vehicles | 2,056 | 112 | - | - | 2 1168 |
| Stroud | 35 1759 | 47,660 | (45,106) | - | 38,313 |
| Vehicles | - | 1 1789 | (1,789) | - | - |
| Woodworking Restricted | 1,558 | - | - | - | 1,558 |
| Youngs People's Project | 9,981 | 15,229 | (14,916) | (1) | 10,293 |
| 138,973 | 230,954 | (226,019) | (2) | 143,906 |
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Transfers | Balance at | ||
| I April 2022 | resources | expended | 31 March 2023 | |||
| ££ | £ | £ | £ | |||
| Support | 57,972 | 16,302 | (4,192) | 3 | 70,085 | |
| Woodworking | 705 | 2,652 | - | (1) | 3,356 | |
| 58,677 | 18,954 | (4,192) | 2 | 73,441 |
| nalysis of net assets between funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | ||
| £ | £ | £ | |
| Fund balances at 31 March 2023 are represented by: | |||
| Tangible assets | 1,596 | - | 1,596 |
| Current assets/(liabilities) | 71,845 | 143,906 | 215,751 |
| 73,441 | 143,906 | 217,347 |
| 20232022 | ||
|---|---|---|
| £ £ |
||
| Aggregate compensation | 22,329 22,902 |
|
| 23 | Cash generated from operations | 20232022 |
| £ £ |
||
| Surplus for the year | 19,6977 1276 | |
| Adjustments for: | ||
| Depreciation and impairment of tangible fixed assets | 1,213804 | |
| Movements in working capital: | ||
| Decrease/(increase) in debtors | 5 1660 (739) |
|
| (Decrease)/increase in creditors | (14,515) 8 1040 |
|
| Increase in deferred income | 64,553 40,488 |
|
| Cash generated from operations | 76,608 55 1869 |