|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|13|
|Report ofthe Independent
Auditors|14|to|16|
|Statement ofFinancial Activities||17||
|Balance Sheet|18|to|19|
|Cash Flow Statement||20||
|Notes to the Cash Flow Statement||21||
|Notes to the Financial Statements|22|to|35|
|Detailed Statement ofFinancial Activities|36|to|37|
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|||for|the Year E|nded 31March 2|022|||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies|||7,925|300|8,225|27,075|
|Charitable|activities|||||||
|Disability|specific services|||574,963|14,650|589,613|297,267|
|Disability|equipment|services||65,559||65,559|78,845|
|Disability|Awareness|Day|||71,010|71,010|54,170|
|Other trading activities||||372,682||372,682|250,025|
|Investment|income|||60,057||60,057|6|
|Other income||||92,327||92,327|287,918|
|Total||||1,173,513|85,960|1,259,473|995,306|
|EXPENDITURE ON||||||||
|Raising funds||||19,873|4,498|24,371|7,677|
|Charitable|activities|||||||
|Disability|specific services|||761,388|32,673|794,061|711,007|
|Disability|equipment|services||313,814||313,814|210,292|
|Disability|Awareness|Day|||40,275|40,275|48,457|
|Total||||1,095,075|77,446|1,172,521|977,433|
|NET INCOME||||78,438|8,514|86,952|17,873|
|Transfers|between|funds|18|15,937|(15,937)|||
|Net movement
in funds||||94,375|(7,423)|86,952|17,873|
|RECONCILIATION
OFFUNDS||||||||
|Total funds brought||forward||577,880|13,423|591,303|573,430|
|TOTAL FUNDS CARRIED FORWARD||||672355|6,000|678,255|591,303|
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||f,||
|FIXEDASSETS||||||
|Tangible assets|12|84,593||84,593|83,087|
|Investments|13|1||1|1|
|||84,594||84,594|83,088|
|CURRENT ASSETS||||||
|Debtors|14|565,095||565,095|378,856|
|Cash at bank and in hand||129,052|11,000|140,052|210,595|
|||694,147|11,000|705,147|589,451|
|CREDITORS||||||
|Amounts
falling due within one year|15|(106,486)|(5,000)|(111,486)|(81,236)|
|NET CURRENT ASSETS||587,661|6,000|593,661|508,215|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||672,255|6,000|678,255|591,303|
|NET ASSETS||672,255|6,000|678,255|591,303|
|FUNDS|18|||||
|Unrestricted
funds||||672,255|577,880|
|Restricted funds||||6,000|13,423|
|TOTAL FUNDS||||678,255|591,303|
##
##
##
||||Cash Flow S
for the Year Ended|tatement
31March 2022||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated
irom operations||||7,705|162,536|
|Net cash provided by operating||activities||7,705|162,536|
|Cash flows from investing|activities|||||
|Purchase oftangible fixed assets||||(13,787)|(4,800)|
|Interest received||||57|6|
|Dividends
received||||60,000||
|Net cash provided
by/(used|in)|investing|activities|46/70|(4,794)|
|Cash flows from financing|activities|||||
|Inter company
loan||||(124,518)|(8,662)|
|Net cash used in financing|activities|||(124,518)|(8,662)|
|Change in cash and cash|equivalents||in the|||
|reporting
period||||(70,543)|149,080|
|Cash and cash equivalents|at|the beginning||||
|ofthe reporting period||||210,595|61,515|
|Cash and cash equivalents|at|the end|ofthe|||
|reporting
period||||140,052|210,595|
##
||RECONCILIATION|RECONCILIATION|RECONCILIATION|OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES|OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES|OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES|OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
||Net income|for the|reporting||period (asper the Statement ofFinancial|||
||Activities)|||||86,952|17,873|
||Adjustments|for:||||||
||Depreciation|charges||||12,281|9,132|
||Interest received|||||(57)|(6)|
||Dividends
received|||||(60,000)||
||(Increase)/decrease||in|debtors||(61,720)|118,046|
||Increase in creditors|||||30/49|17,491|
||Net cash provided||by|operations||7,705|162,536|
|2.|ANALYSIS|OF CHANGES|||IN NET FUNDS|||
||||||At 1.4,21|Cash flow|At 31.3.22|
||Net cash|||||||
||Cash at bank|and in|hand||210,595|(70,543)|140,052|
||||||210,595|(70,543)|140,052|
||Total||||210,595|(70,543)|140,052|
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|Tangible fix|ed assets|||
|---|---|---|---|
|Depreciation|isprovided|at the following|annual rates in order to write offeach asset over its estimated useful life.|
|Workshop|||over period ofthe lease|
|Improvements|to property||10%on cost|
|Plant and machinery|||10%on cost|
|Fixtures and|fittings||10%on cost|
|Computer
equipment|||33%on cost|
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##
|||31.3.22|31.3.21|
|---|---|---|---|
|Fundraising|events|40,400|12/87|
|Services||332,282|237,738|
|||372,682|250,025|
##
##
||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|
|Shares in group undertakings|||||60,000||
|Deposit account interest|||||57||
||||||60,057||
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||||31.3.22|31.3.21|
|||Activity|||f||
|Grants and contracts||Disability|specific services||589,613|297,267|
|Grants and contracts||Disability|equipment|services|65,559|78,845|
|DADs sponsorship||Disability|Awareness|Day|71,010|9,170|
|Grants and contracts||Disability|Awareness|Day||45,000|
||||||726,182|430382|
|Grants received, included in the||above, are|as follows:||||
||||||31.3.22|31.3.21|
|Wamngton
Borough|Council||||396,966|122,525|
|Warrington
Clinical Commissioning
Group|||||84,145|80,970|
|Warrington &Halton|hospitals||||16,150|1,000|
|Cheshire Community|Foundation||||7,508|8,000|
|BBO/New Leaf|||||75,969|63,594|
|Cheshire Cenire for Independent||Living|||29,300|29,300|
|Expanse Learning
Group||||||10,000|
|Warrington
Borough|Council -|Covid 19grants|||23,134|63,623|
|Tesco||||||500|
|Asda||||||600|
|Cheshire Constabulary||||||1,000|
|National Lottery||||||40,000|
|Garfield Weston Foundation|||||20,000||
|Police &Crime Commissioner||for Cheshire|||2,000||
||||||655,172|421,112|
##
|6.|RAISING FUNDS|||||||
|---|---|---|---|---|---|---|---|
||Other trading
activities|||||||
|||||||31.3.22|31.3.21|
||Fundraising
expenses|||||24,371|7,677|
|7.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||Disability specific services||||645,540|148,521|794,061|
||Disability
equipment|services|||291,222|22,592|313,814|
||Disability
Awareness|Day|||40,171|104|40/75|
||||||976,933|171,217
Governance|1,148,150|
|8.|SUPPORT COSTS|||||||
|||||Management|Finance|costs|Totals|
||||||||E|
||Disability
specific services|||141,929|1,339|5,253|148,521|
||Disability
equipment|services||22,592|||22,592|
||Disability
Awareness|Day||104|||104|
|||||164,625|1,339|5,253|171,217|
|9.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)||is stated after charging/(crediting):|||||
|||||||31.3.22|31.3.21|
||Auditors'
remuneration|||||5/53|4,500|
||Depreciation - owned|assets||||12,281|9,132|
||Other operating
leases|||||14,620|16,244|
||Job Retention Scheme Grants|||||(81,527)|(277,118)|
||Local Restriction Grants|||||(23,134)|(63,623)|
##
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##
##
##
||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|
|Wages and salaries|||||752,976|719,120|
|Social security costs|||||48,617|44,809|
|Other pension costs|||||15,722|15,177|
||||||817,315|779,106|
|The average monthly||number|ofemployees|during the year was as follows:|||
||||||31.3.22|31.3.21|
|Disability|advice information||services||23|23|
|Disability|equipment|services|||18|18|
|Other|||||3|3|
|Disability|Awareness|Day|||2|2|
||||||46|46|
##
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Improvements||
|||to|Plant and|
||Workshop|property|machinery|
||f.|||
|COST||||
|At 1 April 2021|104,371|12,000|131,125|
|Additions||||
|At 31March 2022|104,371|12,000|131,125|
|DEPRECIATION||||
|At 1 April 2021|38,279|12,000|122,118|
|Charge for year|3,479||2,185|
|At 31March 2022|41,758|12,000|124,303|
|NET BOOKVALUE||||
|At 31March 2022|62,613||6,822|
|At 31March 2021|66,092||9,007|
||Fixtures|||
||and|Computer||
||fittings|equipment|Totals|
||f|||
|COST||||
|At 1 April 2021|37,222|51,514|336,232|
|Additions||13,787|13,787|
|At 31March 2022|37222|65,301|350,019|
|DEPRECIATION||||
|At 1 April 2021|34,071|46,677|253,145|
|Charge for year|295|6,322|12,281|
|At 31March 2022|34,366|52,999|265,426|
|NKT BOOKVALUE||||
|At 31March 2022|2,856|12,302|84,593|
|At 31March 2021|3,151|4,837|83,087|
##
##
||Disability Trading Company
Limited
Registered offIce:|Disability Trading Company
Limited
Registered offIce:||||
|---|---|---|---|---|---|
||Nature ofbusiness: Retail 4repair medical &orthopaedic||goods|||
||Class ofshare|holding||||
||Ordinary||100|||
|||||31.3.22|31.3.21|
||Aggregate
capital and reserves|||9,137|49/57|
||Pro6t for the|year||19,881|15,799|
|14.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||||31.3.22|31.3.21|
||Trade debtors|||135,635|42,651|
||Amounts
owed by group undertakings|||415,016|290,498|
||Prepayments|and accrued income||14,444|45,707|
|||||565,095|378,856|
##
##
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|Payments|on account||||31,291|
|Trade creditors||||45,753|20,632|
|Social security and other taxes||||17,107|13,253|
|Other creditors||||5,430|5,579|
|Accruals|and deferred income|||43,196|10,481|
|||||111,486|81,236|
|Deferred|income comprises|grant income received|in advance ofthe year|to which itrelates.||
||||||31.03.22|
|Balance|as at 1stApril 2021|||||
|Amount|released to income|earned from charitable|activities|||
|Amount|deferred in year||||30,000|
|Balance|as at 31stMarch 2022||||30,000|
##
||||31.3.22|31.3.21|
|---|---|---|---|---|
||||f.||
|Within|one|year|10,000|10,000|
##
##
##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.22|
||||f,|E||
|Unrestricted
funds||||||
|General fund||577,880|78,438|15,937|672455|
|Restricted funds||||||
|Disability Awareness|Day||26,536|(26,536)||
|Warrington
Hospital|Outreach|7,423|{8,844)|1,421||
|Personal Health Budgets|||(9,178)|9,178||
|Wizard boat engine|repair|6,000|||6,000|
|||13,423|8,514|(15,937)|6,000|
|TOTAL FUNDS||591,303|86,952||678,255|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||1,173,513|(1,095,075)|78,438|
|Restricted funds|||||
|Disability
Awareness|Day|71,309|(44,773)|26,536|
|Warrington
Hospital|Outreach|1|(8,845)|(8,844)|
|Personal Health Budgets||14,650|(23,828)|(9,178)|
|||85,960|(77,446)|8,514|
|TOTAL FUNDS||1,259,473|{1,172,521)|86,952|
##
##
##
##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.20|in funds|funds|31.3.21|
|Unrestricted
funds||||||
|General fund||561,033|55,321|(38,474)|577,880|
|Restricted funds||||||
|Employment|||(31,625)|31,625||
|Disability Awareness|Day|500|5,555|(6,055)||
|Wanington
Hospital|Outreach|11,897|(4,474)||7,423|
|Personal Health Budgets|||(12,904)|12,904||
|Wizard boat engine|repair||6,000||6,000|
|||12,397|(37,448)|38,474|13,423|
|TOTAL FUNDS||573,430|17,873||591,303|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||831,900|(776,579)|55,321|
|Restricted funds|||||
|Employment||76,265|(107,890)|(31,625)|
|Disability Awareness|Day|54,342|(48,787)|5,555|
|Warrington
Hospital|Outreach|(2,500)|(1,974)|(4,474)|
|Personal Health Budgets||29/99|(42,203)|(12,904)|
|Wizard boat engine|repair|6,000||6,000|
|||163,406|(200,854)|(37,448)|
|TOTAL FUNDS||995,306|(977,433)|17,873|
|Transfers between|funds||||
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|||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|
|||for the Year Ended 31March 2022|||
||||31.3.22|31.3.21|
|INCOME AND ENDOWMENTS|||||
|Donations
and|legacies||||
|Donations|||8,225|27,075|
|Other trading|activities||||
|Fundraising
events|||40,400|12,287|
|Services|||332,282|237,738|
||||372,682|250,025|
|Investment
income|||||
|Shares in group|undertakings||60,000||
|Deposit account|interest||57||
||||60,057||
|Charitable
activities|||||
|DADs sponsorship|||71,010|9,170|
|Grants and contracts|||655,172|421,112|
||||726,182|430,282|
|Other income|||||
|Rent received|||10,800|10,800|
|Furlough
income|||81,527|277,118|
||||92,327|287,918|
|Total incoming|resources||1,259,473|995,306|
|Other trading|activities||||
|Fundraising
expenses|||24,371|7,677|
|Charitable
activities|||||
|Wages|||752,976|719,120|
|Social security|||48,617|44,809|
|Pensions|||15,722|15,177|
|Advertising|||16,642|25288|
|Travel - Mileage, bus, rail|||610|390|
|Equipment
costs|||7,003||
|Carried forward|||841,570|804,784|
##
||||for the Year Ended 31M|arch 2022||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|Charitable
activities||||||
|Brought forward||||841,570|804,784|
|Equipment
-IT||||11,648|10,562|
|BoatCosts||||2,275|1,395|
|Room Hire||||698||
|Subcontracted
Community||Champions|costs|120,742||
|||||976,933|816,741|
|Support costs||||||
|Management||||||
|Other operating
leases||||14,620|16,244|
|Rates and water||||1,231|1,902|
|Insurance||||23,032|18,938|
|Light and heat||||31,946|26,518|
|Telephone||||27,593|21,273|
|Postage and stationery||||20,760|15,391|
|Sundries||||6,126|3,504|
|Membership
fees||||162|557|
|Servicing
/ Maintenance||||5,193|6,996|
|Cleaning||||559|3,707|
|Utilities services||||7,658|5,720|
|Training courses/Exam||fees||12,159|1,821|
|Bad debts||||1,305|15,566|
|Depn ofworkshop||||3,479|3,479|
|Plant and machinery||||2,185|2,071|
|Fixtures and fittings||||295|295|
|Computer
equipment||||6,322|3,287|
|||||164,625|147,269|
|Finance||||||
|Bank charges||||1,339|1,179|
|Governance
costs||||||
|Auditors'
remuneration||||5,253|4,500|
|Accountancy
fees|||||13|
|Legal and professional|fees||||54|
|||||5,253|4,567|
|Total resources expended||||1,172,521|977,433|
|Net income||||86,952|17,873|