2021-12-31-accounts - St Philip's Centre

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CONTENTS
		Page
Patron, Trustees, Officers and Advisers
Trustees' Report		2 -8
Independent Auditor's	Report	9-11
Statement ofFinancial	Activities	12
Balance Sheet		13
Cash Flou Statement		14
Notes to the Financial	Statements	15-31

The Founder Members of	the Centre are:
the Diocese ofLeicester
~ the Parochial Church Council ofStPhilip's, Evington
~ the East Midlands	Synod ofthe United Reformed Church
~ the Northampton	(formerly Oxford gt Leicester) District ofthe Methodist		Church
~ the Roman Catholic Diocese ofNottingham
There is at present one Additional Member as follows:
~ the Baptist Union	ofGreat Britain
The Trustees ofthe Centre	must aBbe confitmed in office by vote at	the Annual	General Meeting and
the normal term ofoffice	is 4 years. The Trustees may also appoint	up to 5 further		Trustees	to add
expertise to the Board.

						2021	2021	2021	2020
					Note	Unrestricted	Restricted	Total	Total
						funds	funds	funds	Funds
Income from
Donations						3,204		3,204	23,646
Investments						2,614		2,614	3,384
Charitable activities						98&254	374&269	472&523	602,374
Total income						104,072	374,269	478&341	629,404
Expenditure on
Raising funds						2,443	4&231	6,674	6,758
Charitable activities						82,753	411,049	493,802	525,951
Total expenditure						85,196	415,280	500,476	532,709
Net income befote transfets						18,876	(41,011)	(22,135)	96,695
Transfers between	funds				18
Centre conuibution	to Near	Neighbours				(2&806)	2,806
Net income and net	movement		in funds			16,070	(38,205)	(22,135)	96,695
Retained resources brought		forward		at	18/19	316,713	135,089	451&802	355,107
1January
Resources cattied	forwatd	at			18/19
31December						332,783	96,884	429,667	451,802

Statement ofcash flows
				Note	2021	2020
Cash flows lorn operating	activities:
Net cash used in operating	activities				75,894	28,770
Cash flows from investing	activities:
Interest from investments					2614	3384
Purchase ofequipment				13	(4,237)	(3,197)
Net cash provided by investing			activities		74,271	28,957
Change in cash snd cash equivalents			in the reporting period		74,271	28,957
Cash and cash equivalents at	1January				393,543	364,586
Cash and cash equivalents	at	31Decembet		15	467,814	393,543
Reconciliation ofnet income		to	net cash flow from operating	activities
					2021	2020
Net income for the reporting		period (as per the statement of		flnancial
activities)					(22,135)	96,695
Adjustments for:
Depreciation charge				13	5,380	10,446
Interest from investments				3	(2,614)	(3,384)
(Increase)/Decrease m debtors				14	83,082	(41,802)
(Decrease)/Increase m creditors				16	12,181	(33,185)
Net cash used in operating	activities				75,894	28,770
Analysis ofcash and cash equivalents
					2021	2020
Cash in hand					252	234
Notice deposits					467,562	393,309
Total cash and cash equivalents				15	467,814	393&543

		Unrestricted	Restricted
		funds	funds	2021	2020
General	donanons	3,204		3,204	23,646

		Unrestricted	Restricted
		funds	funds	2021	2020
Bank	interest	2,614		2,614	3,384

Charitable Activities
		Untestricted	Restticted
		funds	funds	2021	2020
Grants
Diocese ofSouthwell and	Nottingham	1,000		1,000	2,000
The Methodist Church		10,000		10,000	8,000
Near Neighbours Church	Urban Fund		61,878	61,878	29,875
Home Office —Prevent			245,141	245,141	251,035
Leics &Rutland Community Foundation			5,000	5,000	10,000
Police Crime Commissioners					33,756
Methodist Connexion Grant			18,000	18,000	18,000
NCB Bellefontaine Charitable Trust			2,000	2,000	2,000
Open Society Institute					47,220
Allchurches Tmst Ltd					7,450
Government Grants		7,521		7,521	17,893
Leics &Rutland Masonic	Chantable				500
Foundation
Masonic Charitable Foundation					500
Porticus					24,000
The Linking Network			7)000	7,000	10,000
Leicester City Council					16,215
The P & CHiclonbotham	Charitable Trust				500
Dunhill Medical Trust			31&000	31,000
Together Initiative			2&000	2,000
Helen Jean Cope Charity			750	750
J RCorah Foundanon			1,000	1,000
United Reformed Church			500	500
Leicester Diocesan Board	ofFinance	16,650		16,650	61,440
Donations in kind
Leicester Diocesan Board ofFinance		32,056		32,056	31,427
		67,227	374,269	441,496	571,811
Course fees		31,027		31,027	30,563
		98,254	374,269	472)523	602,374

Raising Funds
	Unrestricted	Restricted
	funds	funds	2021	2020
Centre director	1&146	2,023	3,169	3,137
Support costs	1,297	2,208	3,505	3,621
	2,443	4,231	6,674	6,758

			Untestricted	Restricted
			funds	funds	2021	2020
						A
Centre Director			21,198	37,433	58,631	58,039
Lecturer tk tutor fees			23&918	228&130	252&048	270,347
Pension costs			1,053	10,039	11&092	13,168
Consultants				51,343	51,343	41,608
Course accommodation,	resources	Bccatering	9,810	14,661	24,471	27,240
costs
Subsidies						4,556
Website costs			193	3,675	3,868	8,056
Other small projects			753	15,592	16,345	23,417
Support costs			25,828	50,176	76,004	79,520
			82,753	411,049	493,802	525,951

Analysis	ofexpenditure includin	g allocation ofsuppott costs
		Activities	Support	Total
		undertaken	costs
		directly
Raising funds		3,169	3,505	6,674
Charitable	actn ines	417,798	76,004	493,802
		420,967	79,509	500,476

			Unrestricted	Restricted
			funds	funds	2021	2020
Salaries and	national	insurance	20/11	15,097	35,408	35,773
Pension			1,061	789	1,850	1,841
Rent			1)715	6&401	8,116	7,956
Audit fees			29	311	340	280
Other professional		fees	305	3,694	3,999	5,386
Depreaation			200	5,180	5,380	10,446
Insurance			242	2,612	2,854	2,908
Premises expenses			1,058	3,218	4,276	3,321
Office expenses			24	5,102	5,126	5,861
Staff training	and recruitment		281	5,062	5,343	2,567
			25)226	47,466	72,692	76,339
Governance	costs
Centre director			573	1&012	1,585	1,569
Salaries and	national	insurance	521	387	908	917
Pension			27	20	47	47
Rent			263	164	427	419
Audit fees			296	3,204	3,500	3,500
Office expenses			219	131	350	350
			1,899	4&918	6,817	6,802
			27,125	52,384	79,509	83,141

Analysis ofresource	s expended by ex	penditure type
			Other
		Staffcosts	cost's	Total	Total
		2021	2021	2021	2020
Raising funds		5,080	1,594	6,674	6,758
Costs ofgenerating	funds	5,080	1,594	6,674	6,758
Charitable activities		333,577	153,408	486,985	519,149
Governance		2,540	4,277	6,817	6,802
Costs ofcharitable	activities	336,117	157,685	493,802	525,951
Total expenditure		341,197	159,279	500,476	532,709

Staffcosts
			2021	2020
Staff costs	during the	year were as follows:
Wages and	salaries		302,060	317,830
Employer's	National	Insurance	26,163	28,784
Pension			12,974	15,056
			341)197	361,670

	Computer	Fixtures,	Library	Property	Total
	equipment	fittings &	books	costs
		equipment
Cost
At 1January 2021	29,376	53,190	6,500	45,661	134,727
Addltlons	4,237				4,237
Disposals	(2,407)				(2,407)
At 31December 2021	31,206	53,190	6,500	45,661	136,557
Depreciation
At 1January 2021	26,493	50,965	6,500	45,661	129,619
Charge for the year	3,432	1,948			5,380
Dispossls	(2,407)				(2,407)
At 31December 2021	27,518	52,913	6,500	45,661	132,592
Net book value
At 31December 2021	3,688	277			3)965
At 31December 2020	2,883	2,225			5,108

Debtors
	2021	2020
Trade debtors	44,890	58,527
Accrued income	1,632	2,010
Prepayments	2,005	6,839
Other debtors	1,016	1,735
Grants receivable		63,514
	49,543	132,625

							2021	2020
	Current	and deposit	account				467,562	393,309
	Cash m	hand					252	234
							467,814	393,543
16.	Creditors:	amounts	falling	due		within one year
							2021	2020
	Trade creditors						33)484	53,301
	Accruals						4,570	4,500
	Other creditors and		deferred		income		53,601	21,673
							91,655	79,474
	Deferred	income included			in	other creditors:
	Deferred	income at	1January		2021			1,648
	Resources deferred		during	the year				787
	Amounts	released from previous				years		(0)
	Deferred	income at	31December 2021					2,435
	Deferred	income represents		grant income received in advance.
17.	Analysis ofnet assets between					funds
						Restricted	Unrestticted
						funds	funds	2021
	Tangible	fixed assets				2,645	1&320	3,965
	Current assets					94,239	423,118	517,357
	Creditors	due within	one year				(91,655)	(91,655)
						96,884	332,783	429,667

nalysis	ofnet assets between	funds (continued)
Analysis	ofnet assets between	funds —prior year
			Restricted	Unrestricted
			funds	funds	2020
Tangible	fixed assets		1,969	3,139	5,108
Current	assets		133,120	393,048	526,168
Creihtors	due within one year			(79)474)	(79,474)
			135,089	316,713	451,802

		At 1	Incoming	Outgoing	Contribution	At 31
		January	resources	resources		December
		2021				2021
Methodist Connexion		15,877	18,000	(22,526)		11,351
Prevent Adviser —preventing	extremism	1,860	245,141	(245353)		1,648
Leics tk Rutland Community	Foundation	5,879		(5,879)
Near Neighbours Projects		110	61,878	(64,794)	2,806
N C Bellefontaine —schools		1,875	2,000	(1,052)		2,823
P dr C Hickinbotham —schools		777				777
Police dc Crime Commissioner		17,714		(13,214)		4)500
Helen Jean Cope Charity			750	(750)
Open Society Insdtute		50,636		(8,428)		42,208
Together Iniuative			2,000	(2,000)
United Reformed Church			500			500
Schools Linking		8,108	13,000	(11,220)		9,888
Masonic Foundation —Dine With Me		1,000		(1,000)
Dunhill Medical Trust			31,000	(13,017)		17,983
Porticus —Skills training		22,197		(22,197)
Allchurches Trust -mental health		3,850		(3,850)
Ail Saints' Education Trust -	schools	5,206				5,206
Total restricted funds		135,089	374,269	(415,280)	2,806	96,884

18. Restricted funds (continued)	18. Restricted funds (continued)
Analysis ofrestricted funds —prior year
		At 1	Incoming	Outgoing	Contribution	At 31
		January	resources	resources		December
		2020				2020
Methodist Connexion		13,046	18,000	(15,169)		15,877
Prevent Adviser —preventing	extremism	300	251,035	(249,475)		1&860
Leics de Rutland Community	Foundation	4,672	10,000	(8,793)		5,879
Near Neighbours Projects		857	29,875	(3»833)	3,211	110
N CBellefontaine - schools		922	2,000	(1,047)		1,875
P &C Hickinbotham —schools		500	500	(223)		777
Police 8c Crime Commissioner			33,756	(16,042)		17,714
Leicester City Council —Ward	Funding		215	(215)
Open Society Institute		18,268	47,220	(14,852)		50,636
Lercester City Council —Hate	Crime		16,000	(16,000)
Schools Linking		10,430	10,000	(12,322)		8,108
Masonic Foundation —Dine With Me			1,000			1,000
StAugustine		58		(58)
Porticus —Skills training		22,250	24,000	(24,053)		22&197
Allchurches Trust -mental health			7,450	(3,600)		3,850
Ail Saints' Education Trust		8,264		(3,058)		5,206
Total restricted funds		79,567	451,051	(398,740)	3,211	135,089

				At 1	Incoming	Outgoing	Transfers/	At 31
				January	resources	resources	contributions	December
				2021				2021
Designated Funds
Operational				215,000			15,000	230)000
Premises Development			tk
Commutucation	Technology			40,000				40,000
Ongoing Projects				28,000		(1,000)		27,000
				283,000		(1,000)	15,000	297,000
General Fund				33,713	104,072	(87,002)	(15,000)	35,783
Total unrestricted		funds		316,713	104,072	(88,002)		332,783

				At 1	Incoming	Outgoing	Transfers/	At 31
				January	tesources	resources	contributions	December
				2020				2020
Designated funds
Op eraiional				195,000			20,000	215,000
Premises Development			8r
Communication	Technology			44,000		(4,000)		40,000
Ongoing Projects				30,000		(2,000)		28&000
				269,000		(6,000)	20,000	283&000
General fund				6,540	178,353	(131,180)	(20,000)	33,713
Total unrestricted		funds		275,540	178,353	(137,180)		316&713

	2021	2020
Staff salaries	22&832	22,384
Rent	8,543	8,375
Insurance	681	668
	32&056	31,427