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2022-03-31-accounts

Page
Trustees'
report		 1-9
Statement of Trustees' responsiblgtles
Independent auditor's report 7-9
Statement of fina ndal activities 10
Balance sheet 11-12
Statement of cash flows 13
Notes to the Rnancial statements 14-26

Trustee Board
Trustees at 31 March 2022 Role Background
/ specialism
Professor
Bill Chambers		 Chairman Pro Vice Chancellor
Emeritus;		 leadership and strategic direction
DrJohn Plcton Secretary Senior Lecturer of Law; charity law and compgance
Tlm Walsh
FCA		 Treasurer Chartered
Accountant;
finances and		 governance
Professor Gus Baker Board Member Clinical Neuropyschologist
(rtd); specialist neurological		 input
(Resigned 13July 2021)
lan Craig Board Member ITDirector; digital and technology
Theresa
Lewin		 FCIPD Board Member HR Professional;
people development
(Resigned 13July 2021)
Mark Rea MCSI Board Member Chartered
Corporate
Finance Advlsori		 business experience
Jackie Sale Board Member Head Teacher (rtd); child development and safeguarding
Dr Nick Silver Board Member Consultant
Neurologist,
The Walton Centre; clinical		 input
Karen Swan Board Member Marketing
Consultant;
brand, communications		 and PR
Vanessa Boateng Board Member Social entrepreneur
and local councillor; equality
and diversity
(Appointed
19October 2021)
Julle Blomley Board Member Chief People Office; HR Issues
(Appointed
19October 2021)
Dr Perry Moore Board Member Consultant
Clinical Neuropsychologist;		 clinical input
(Appointed
19October 2021)

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
Notes E E E E E E
co
eand endowments		 o
Donations
and		 legacies 109,344 27,749 137,093 52,195 90 52,285
Charitable
activities		 158,404 250,656 409,060 207,338 195,194 402,532
Investments 8,670 8,670 9,199 9 199
Corporate
sponsorship		 489,375 489,375 283,333 283,333
Other income 217,520 217,520 61,370 61,370
Total income 983,313 278,405 1,261,718 613,435 195,284 808,719
dt
Raising funds 6 206,466 206,466 196,597 49,078 245,675
Charitable
activities		 7 764,722 264,485 1,029,207 486,208 129,033 615,241
Total expenditure 971,188 264,485 1,235,673 682,805 178,111 860,916
Net gains/(losses)
on
Investments 22,649 22,649 46,632 46,632
Net incoming/(outgoing)
resources before transfers 34,774 13,920 48,694 (22,738) 17,173 (5,565)
Gross transfers between
funds 28,319 (28,319) 35,640 (35,640)
Net movement In funds 63,093 (14,399) 48,694 12,902 (18,467) (5,565)
Fund balances at 1April 2021 943,353 14,399 957,752 930,451 32,866 963,317
Fund balances at 31March 2022 1,006,446 1,006,446 943,353 14,399 957,752

2022 2021
Notes f f
Fixed assets
Tangible assets 12 667,024 604,610
Investments 13 281,554 276,967
948,578 881,577
Current assets
Debtors 14 155,850 33,430
Cash at bank and in hand 257,067 243,585
412,917 277,015
Creditors: amounts falling due within one
year 15 (355,049) (200,840)
Net current assets 57,868 76,175
Total assets less current liabilities 1,006,446 957,752
Income funds
Restricted funds 18 14,399
Unrestricted funds
Designated funds 19 630,000 630,000
General unrestricted funds 376,446 313,353
1,006,446 943,353
1,006,446 957,752

2022 2021
Notes E E
Cash flows from operating activities
Cash generated
from operations		 22 77,971 86,533
Investing
activities
Purchase oftangible
fixed		 assets (91,220)
Purchase of Investments (42,469) (31,237)
Proceeds from disposal of investments 60,530 16,983
Investment
income received		 8,670 9,199
Net cash used In Investing activities (64,489) (5,055)
Net cash used In financing activities
Net Increase in cash and cash equivalents 13,482 81,478
Cash and cash equivalents at beginning ofyear 243,585 162,107
Cash and cash equivalents at end ofyear 257,067 243,585

Other projectsOther projects
2022 2021
f E
Grants and charitable activities 409,060 402,532
Analysis by fund
Unrestricted funds 158,404 207,338
Restricted funds 250,656 195,194
409,060 402,532
4 Investments Investments
Unrestricted Unrestricted
funds funds
general general
2022 2021
Dividends receivable 8,668 9,198
Interest receivable 2 1
8,670 9,199
5 Other Income
Unrestricted Unrestricted
funds funds
general general
2022 2021
f E
Fundraislng events 104,633 14,871
Other income 17,891 3,987
Room hire and rental Income 80,184 39,686
Cafe income 14,812 2,826
217,520 61,370

Unrestricted Unrestricted Restricted Total
funds funds funds
general general
2022 2021 2021 2021
E E E E
F ndraisin and bl cl
Staging fundraislng events 15,446 920 920
Other fundraising 7,912 2,955 2,955
Fundralslng and publicity 23,358 3,875 3,875
d
Other trading activities 19,397 21,574 49,078 70,652
Staff costs 161,650 169,542 169,542
Trading costs 181,047 191,116 49,078 240,194
Investment mana ement 2,061 1,606 1,606
206,466 196,597 49,078 245,675
7 Charitable activities
Other projects Other projects
2022 2021
E E
Staff costs 573,610 323,006
Charitable expenditure 40,011
Public relations 13117
626,738 323,006
Share ofsupport costs (see note 8) 386,323 286,397
Share ofgovernance costs (see note 8) 16,146 5,838
1,029,207 615,241
Analysis
by fund
Unrestricted funds 764,722 486,208
Restricted funds 264,485 129,033
1,029,207 615,241
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2022 2021
Number Number
Management 4
Administration, Rnance, IT& HR 4
Carer's advocacy 5
Fundraislng 3
Information
and advice		 11
Communications 1
Cafe and room hire 2
Employment, counselling &welfare 7
Young persons' proJects 4
Business development 1
Total 42 29
Employment
costs		 2022 2021
E E
Wages and salaries 802,214 597,609
Social security costs 60,418 36,111
Other pension costs 61,635 31,975
924,267 665,695

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funds funds
general general
2022 2021
22,649 46,632
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Cost or valuation
At 1April 2021 276,967
Additions 42,469
Valuation changes 21,262
Disposals (59,144)
At 31March 2022 281,554
Carrying amount
At 31March 2022 281,554
At 31March 2021 276,967
14 Debtors
2022 2021
Amounts falling due within one year: E E
Trade debtors 140,100 20,736
Prepayments
and accrued income		 15,750 12,694
155,850 33,430

Creditors: amounts
falling due within one year
2022 2021
Notes E E
Other taxation and social security 56,298 57,454
Deferred income 16 257,383 123,357
Trade creditors 8,240 4,932
Other creditors 23,358 11,427
Accruals 9,770 3,670
355,049 200,840

2022 2021
E E
Other deferred
Income		 257,383 123,357
Deferred income is included in the financial statements as follows;
2022 2021
E
Deferred income is included within.
Current liabilities 257,383 123,357
Movements
In the year:
Deferred income at 1April 2021 123,357 42132
Released from previous
periods		 (122,357)
Resources deferred
in the year		 256,383 82,225
Deferred Income at 31March 2022 257,383 123,357

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Movement In Movement Movement ln funds
funds
Balance at Incoming Balance at Incoming Resources Transfers Balance at
1Aprg 2020 resources 1Apr 82021 resources expended Ss March 2O22
6 6
Norton street
Centre 530,000 530,000 530,000
Building
Improvements
and
maintenance 100,000 100,000 12,460 (94,853) 82,393 100,000
630,000 630,000 12,460 (94,853) 82,393 630,000
Analysis of net assets betw een
funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
f 6 f f f f
Fund balances at 31
March 2022 are
represented by:
Tangible assets 626,146 40,878 667,024 599,197 5,413 604,610
Investments 281,554 281,554 276,967 276,967
Current assets/(liabilities) 70,427 (12,559) 57,868 67,189 8,986 76,175
978,127 28,319 1,006,446 943,353 14,399 957,752

22 Cash generated
from operations		 Cash generated
from operations		 Cash generated
from operations		 2022 2021
f f
Surplus/(deficit)
for		 the year 48,694 (5 563)
Ad)ustments
for:
Investment
Income		 recognised In statement offinancial activities (8,670) (9,199)
Fair value gains and losses on investments (22,649) (46,632)
Depreciation
and impairment
oftangible 6xed assets		 28,807 15,194
Movements
in working capital:
(Increase)/decrease in debtors (122,420) 24,306
Increase
in creditors		 20,183 26,202
Increase
in deferred		 income 134,026 82,225
Cash generated
from operations		 77,971 86,533
23 Analysis ofchanges ln net funds
The Charity
had no		 debt during the year.