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||||Page|
|---|---|---|---|
|Reference and Administrative||Details of the Trust, its Trustees and Advisers||
|Trustees'<br>Report|||2-9|
|Independent<br>Auditors'|Report|on the Financial Statements|10-14|
|Statement of Financial|Activities||15|
|Balance Sheet|||16-17|
|Statement ofCash Flows|||18|
|Notes to the Financial|Statements||19-39|





|Trustees|||C Brown||||||
|---|---|---|---|---|---|---|---|---|
||||J Bryce (resigned 24 August 2021)||||||
||||J Myers (appointed|||15|November 2021)||
||||K Clipsham||||||
||||S Earl||||||
||||N V Harmer||||||
||||L E McCartney-Gray||||||
||||C E Parry-Jones||||||
||||J Vitkovitch||||||
||||LJ Wilkinson||||||
|Company|registered||||||||
|number|||04103670||||||
|Charity registered|||||||||
|number|||1117051||||||
|Registered||office|The Henderson||Business Centre||||
||||51 Ivy Road||||||
||||Norwich||||||
||||Norfolk||||||
||||NR5 8BF||||||
|Company|secretary||Nicholas<br>Craig||||||
|Chief Executive Officer|||Nicholas<br>Craig||||||
|Independent||auditors|MA Partners|Audit LLP|||||
||||Chartered<br>Accountants||||& Statutory|Auditors|
||||7The Close||||||
||||Norwich||||||
||||Norfolk||||||
||||NR1 4DJ||||||
|Solicitors|||Leathes Prior||||||
||||74 The Close||||||
||||Norwich||||||
||||NR1 4DR||||||





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||||||2022|2021|
|---|---|---|---|---|---|---|
|Direct costs|and grants less voluntary||income||(461,494)|(310,318)|
|Investment|income less support|and|governance|costs|424,219|344,170|
|Net movement<br>in funds|||||(37,275)|(341,343)|





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2022<br>6|2022<br>F|2022f|2021|
|Income from:||||||||
|Donations<br>and legacies||||26,770|73,611|100,381|177,425|
|Investments||||487,973||487,973|430,707|
|Total income||||514,743|73,611|588,354|608,132|
|Expenditure<br>on:||||||||
|Charitable<br>activities|||7|382,512|243,117|625,629|574,280|
|Total expenditure||||382,512|243,117|625,629|574,280|
|Net income/(expenditure)||before net||||||
|gains on investments||||132,231|(169,506)|(37,275)|33,852|
|Net gains on investments|||||||472,805|
|Net income/(expenditure)||||132,231|(169,506)|(37,275)|506,657|
|Transfers<br>between|funds||17|(205,715)|205,715|||
|Net movement<br>in|funds before other|||||||
|recognised<br>gains/(losses)||||(73,484)|36,209|(37,275)|506,657|
|Other recognised|gains/(losses):|||||||
|Loss on impairment|offixed|assets|||||(848,000)|
|Net movement<br>in|funds|||(73,484)|36,209|(37,275)|(341,343)|
|Reconciliation<br>of|funds:|||||||
|Total funds brought|forward|||5,439„289|304,502|5,743,791|6,085,134|
|Net movement<br>in funds||||(73,484)|36,209|(37,275)|(341,343)|
|Total funds carried forward||||5,365,805|340,711|5,706,516|5,743,791|





## 

|||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||AS AT 31 MARCH 2022|||||
|Fixed assets||Note||2022||2021<br>6|
|Tangible assets<br>Investment<br>property||12<br>13||3,183,889<br>2,407,805||3,192,208<br>2,407,805|
|Current assets||||5,591,694||5,600,013|
|Debtors<br>Cash at bank and|in hand|14|105,723<br>161,5'I 1||106,137<br>167,472||
||||267,234||273,609||
|Creditors: amounts|falling due within one||||||
|year||15|(152,412)||(129,831)||
|Net current assets||||114,822||143,778|
|Total assets less current liabilities||||5,706,516||5,743,791|
|Total net assets||||5,706,516||5,743,791|
|Charity funds|||||||
|Restricted<br>funds<br>Unrestricted<br>funds||17<br>17||340,711<br>5,365,805||304,502<br>5,439,289|
|Total funds|||||||
|||||5,706,516||5,743,791|





# 



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## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Cash flows from operating||activities||||||
|Net cash|used<br>in operating|activities|||20|8,260|48,458|
|Cash flows from investing||activities||||||
|Purchase|oftangible<br>fixed assets|||||(14,221)|(15,044)|
|Net cash|used in investing|activities||||(14,221)|(15,044)|
|Change|in cash and cash|equivalents|in|the year||(5,961)|33,414|
|Cash and|cash equivalents|at the beginning||ofthe year||167,472|134,058|
|Cash and cash equivalents||at the end of||the year|21|161,511|167,472|
|The notes on pages 19to 39form part ofthese financial statements||||||||





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||||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|
||||||||2022|2022|2022|
||||||||||6|
|Donations|||||||9,135||9,135|
|Grants|||||||1,433|73,611|75,044|
|Government|funding|-|Coronavirus|Job|Retention|Scheme|16,202||16,202|
||||||||26,770|73,611|100,381|



|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|Donations||5,857||5,857|
|Grants||10,000|73,417|83,417|
|Government|grants|88,151||88,151|
|||104,008|73,417|177,425|





## 

## 

## 

## 

||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2022f|2022<br>F|
|Rental income|274,121|274,121|
|Bank interest|107|107|
|Fire station rental income|213,745|213,745|
||487,973|467,973|
||Unrestricted|Total|
||funds|funds|
||2021f|2021|
|Rental income|242,521|242,521|
|Bank interest|197|197|
|Fire station rental income|187,989|187,989|
||430,707|430,707|



## 

|||2022<br>F|2021f|
|---|---|---|---|
|Foodbank||14,600|11,100|
|NR5 Community|Hub|1,500|6,700|
|Foodhub||500||
|||16,600|17,800|





## 

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## 

||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||funds|funds|Total|
||||2022|2022|2022|
||||F|F|F|
|Own project expenditure|||326,631||326,631|
|REACH project||||51,475|51,475|
|Community|Development|||155,198|155,198|
|Get Set||||5,725|5,725|
|Youth<br>Hub|Refurbishment|||2,499|2,499|
|Cadge Road Community||Centre|55,881||55,881|
|Youth drop|in|||159|159|
|This Girl Can||||310|310|
|Girls group||||2,370|2,370|
|Sorted||||22,534|22,534|
|Other||||2,847|2,847|
||||382,512|243,117|625,629|
||||Unrestricted|Restricted||
||||funds|funds|Total|
||||2021|2021f|2021<br>F|
|Own project expenditure|||312,250||312,250|
|REACH project||||53,254|53,254|
|Community|Development|||106,885|106,885|
|Cadge Road Community||Centre|82,764||82,764|
|Youth drop|in|||810|810|
|Girls group||||786|786|
|Covid 19Response||||17,531|17,531|
||||395,014|179,266|574,280|





## 

## 

||||Activities|Grant|Grant|||
|---|---|---|---|---|---|---|---|
||||undertaken|funding|of|Support|Total|
||||directly|activities||costs|funds|
||||2022|2022||2022|2022|
||||6|||F||
|Own project|expenditure||298,257|16,600||11,774|326,631|
|REACH project|||51,475||||51,475|
|Community|Development||155,198||||155,198|
|Get Set|||5,725||||5,725|
|Youth Hub Refurbishment|||2,499||||2,499|
|Cadge Road Community||Centre|3,901|||51,980|55,881|
|Youth drop|in||159||||159|
|This Girl Can|||310||||310|
|Girls group|||2,370||||2,370|
|Sorted|||22,534||||22,534|
|Other|||2,847||||2,847|
||||545,275|16,600||63,754|625,629|
||||Activities|Grant||||
||||undertaken|funding|of|Support|Total|
||||directly|activities||costs|funds|
||||2021|2021||2021|2021|
||||8||5|6|6|
|Own project expenditure|||286,819|17,800||7,631|312,250|
|REACH project|||53,254||||53,254|
|Community|Development||106,885||||106,885|
|Cadge Road Community||Centre|3,858|||78,906|82,764|
|Youth drop|in||810||||810|
|Girls group|||786||||786|
|Covid 19Response|||17,531||||17,531|
||||469,943|17,800||86,537|574,280|





## 

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|||Regenerat'n||Community||Youth Hub|
|---|---|---|---|---|---|---|
|||&Facility|REACH|Developme||Refurbishrr|
|||Manag'ent|project|nt|Get Set|ent|
|||2022|2022|2022|2022|2022|
||||6||||
|Staff costs||114,798|36,335|123,582|||
|Depreciation||18,671|||||
|Operating|costs|164,788|15,140|31,616|5,725|2,499|
|||298,257|51,475|155,198|5,725|2,499|
|||Cadge Road<br>Community|Youth drop|This Girl||Covid 19|
|||Centre|in|Can|Girls group|Response|
|||2022<br>6|2022|2022|2022|2022f|
|Staff costs||3,901|||||
|Depreciation|||||||
|Operating|costs||159|310|2,370||
|||3,901|159|310|2,370||
|||||||Total|
|||||Sorted|Other|funds|
|||||2022f|2022|2022f|
|Staff costs||||||278,616|
|Depreciation||||||18,671|
|Operating|costs|||22,534|2,847|247,988|
|||||22,534|2,847|545,275|





## 

## 

|||Regenerat'n||||Youth Hub|
|---|---|---|---|---|---|---|
|||8 Facility|REACH|Community||Refurbishme|
|||Manag'ent|project|Development|Get Set|nt|
|||2021f|2021<br>f|2021|2021<br>f|2021<br>f|
|Staff costs||123,395|35,949|103,680|||
|Depreciation||19,501|||||
|Operating|costs|143,923|17,305|3,205|||
|||286,819|53,254|106,885|||
|||Cadge Road|||||
|||Community||||Covid 19|
|||Centre|Youth drop in|This Girl Can|Girls group|Response|
|||2021|2021|2021f|2021f|2021f|
|Staff costs||3,858|||||
|Depreciation|||||||
|Operating|costs||810||786|17,531|
|||3,858|810||786|17,531|
|||||||Total|
|||||Sorted|Other|funds|
|||||2021f|2021f|2021|
|Staff costs||||||266,882|
|Depreciation||||||19,501|
|Operating|costs|||||183,560|
|||||||469,943|





## 

## 

## 

|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2022f|2021f|
|Staff costs||27,620|41,427|
|General overheads||24,360|37,479|
|Governance|costs|11,774|7,531|
|||63,754|86,537|



## 

## 

|||||2022|2021f|
|---|---|---|---|---|---|
|Wages and|salaries|||267,347|272,595|
|Social security costs||||24,277|20,772|
|Contribution|to defined|contdibution|pension schemes|14,612|14,942|
|||||306,236|308,309|



||2022|2021|
|---|---|---|
||No.|No.|
|Management|||
|Administration|||
|Project based|||





## 

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## 

## 

||2022|2021|
|---|---|---|
||No.|No.|
|Management|2|2|
|Administration|1|1|
|Project based|||
||10|10|



||||||2022|2021|
|---|---|---|---|---|---|---|
||||||No.|No.|
|In|the|band|f60,001|- f70,000|1|1|



## 



## 

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## 

||Freehold<br>property<br>f|Equipment<br>f|Motor<br>vehicles<br>f|Fixtures<br>and fittings<br>f|Play<br>equipment<br>f|Total<br>f|
|---|---|---|---|---|---|---|
|Cost or valuation|||||||
|At 1 April 2021|8,242,849|41,929|8,394|57,987|154,505|8,505,664|
|Additions||'I0,224|146|3,851||14,221|
|Disposals|||||(12,897)|(12,897)|
|At 31 March 2022|8,242,849|52,153|8,540|6't,838|141,608|8,506,988|
|Depreciation|||||||
|At 1 April 2021|5,125,849|37,493|1,678|22,405|126,031|5,313,456|
|Charge for the year||4,393|1,708|5,638|6,932|18,671|
|On disposals|||||(9,028)|(9,028)|
|At 31 March 2022|5,125,849|41,886|3,386|28,043|123,935|5,323,099|
|Net book value|||||||
|At 31 March 2022|3,117,000|10,267|5,154|33,795|17,673|3,183,889|
|At 31March 2021|3,117,000|4,436|6,716|35,582|28,474|3,192,208|





## 

## 

## 

||Freehold|
|---|---|
||investment|
||property|
|Valuation||
|At 1 April 2021|2,407,805|
|At 31 March 2022|2,407,805|



## 

|||2022f|2021|
|---|---|---|---|
|Due within one year||||
|Trade debtors||93,851|91,258|
|Other debtors||160|160|
|Prepayments|and accrued income|11,712|14,719|
|||105,723|106,137|



## 

||||2022|2021f|
|---|---|---|---|---|
|Trade creditors|||9,179|574|
|Other taxation|and social security||20,901|21,256|
|Other creditors|||54,035|44,708|
|Accruals and deferred||income|68,297|63,293|
||||152,412|129,631|





## 

## 

## 

## 

|||2022f|2021f|
|---|---|---|---|
|Deferred|income at 1 April 2021|47,762|45,233|
|Resources deferred<br>during<br>the year||55,120|47,762|
|Amounts|released<br>from previous<br>periods|(47,762)|(45,233)|
|Deferred|income at 31 March 2022|55,120|47,762|





## 

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## 

||||Balance at 1|||Transfers|Balance at<br>31 March|
|---|---|---|---|---|---|---|---|
||||April 2021f|Income|Expenditure<br>6|in/out<br>6|2022<br>6|
|Unrestricted<br>funds||||||||
|General|Funds - all|funds|5,439,289|514,743|(382,512)|(205,715)|5,365,805|
|Restricted funds||||||||
|Games|Area||5,396||||5,396|
|Capital|Fund||262,825||||262,825|
|Community<br>Development||||9,444|(155,198)|145,754||
|REACH|||||(51,475)|51,475||
|Fitness|Equipment||8,000|||(8,000)||
|Youth Drop In|||15,840||(159)||15,681|
|Outside|The Box||4,665||||4,665|
|Girls Group|||1,506||(2,370)|165||
|Covid 19Response|||6,270||||6,270|
|Get Set||||8,923|(5,725)||3,198|
|Opt In|||||(381)|381||
|This Girl <br>Women's|Can<br>Wellbeing|Craft||1,745|(310)||1,435|
|Group|||||(957)|957||
|Youth Hub Refurbishment||||7,800|(2,499)|(5,301)||
|Household<br>Support||Fund||1,250|(1,250)|||
|Sorted||||2,250|(22,534)|20,284||
|Kickstart||||1,500|(259)||1,241|
|NR5 Hub|Worker|||40,000|||40,000|
||||304,502|73,611|(243,117)|205,715|340,711|
|Total of|funds||5,743,791|588,354|(625,629)||5,706,516|





## 

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## 



## 

## 

|17.|Statement of|funds (continued)||||||
|---|---|---|---|---|---|---|---|
||Statement of|funds - prior year||||||
||||||||Balance at|
|||Balance at|||Transfers|Gainsl|31March|
|||1 April 2020<br>8|Income<br>6|Expenditure<br>E|in/outf|(Losses)<br>6|2021<br>E|
||Unrestricted|||||||
||funds|||||||
||General<br>Funds|||||||
||- all funds|5,785,306|534,715|(395,014)|(110,523)|(375,195)|5439,289|
||Restricted|||||||
||funds|||||||
||Games Area|5,396|||||5,396|
||Capital<br>Fund|262,825|||||262,825|
||Community|||||||
||Development||49,616|(106,885)|57,269|||
||REACH|||(53,254)|53,254|||
||Fitness|||||||
||Equipment|8,000|||||8,000|
||Youth Drop In|16,650||(810)|||15,840|
||Outside The|||||||
||Box|4,665|||||4,665|
||Girls Group|2,292||(786)|||1,506|
||Covid 19|||||||
||Response||23,801|(17,531)|||6,270|
|||299,828|73,417|(179,266)|110,523||304,502|
||Total offunds|6,085,134|608,132|(574,280)||(375,195)|5,743,791|





## 

## 

## 

## 

|||Balance at 1|||Transfers|Balance at<br>31 March|
|---|---|---|---|---|---|---|
|||April 2021|Income|Expenditure|in/outf|2022f|
|General funds||5,439,289|514,743|(382,512)|(205,715)|5,365,805|
|Restricted|funds|304,502|73,611|(243,117)|205,715|340,711|
|||5,743,791|588,354|(625,629)||5,706,516|



## 

||Balance at<br>1April 2020f|Income<br>f|Expenditure<br>f|Transfers<br>inYoulf|Gajnsr<br>(Losses)f|Balance al<br>31March<br>2021f|
|---|---|---|---|---|---|---|
|General funds|5,785,306|534,715|(395,014)|(110,523)|(375,195)|5,439,289|
|Restricted|||||||
|funds|299,828|73,417|(179,266)|110,523||304,502|
||6,085,734|608,132|(574,280)||(375,195)|5,743,791|



## 

|Analysis||of net assets between<br>funds - cur|rent year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
|Tangible|fixed assets||2,921,064|262,825|3,183,889|
|Investment||property|2,407,805||2,407,805|
|Current|assets||189,348|77,886|267,234|
|Creditors||due within one year|(152,412)||(152,412)|
|Tota I|||5,365,805|340,711|5,706,516|





## 

## 

## 

|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021f|2021f|
|Tangible fixed assets||2,919,901|272,307|3,192,208|
|Investment|property|2,407,805||2,407,805|
|Current assets||241,414|32,195|273,609|
|Creditors|due within one year|(129,831)||(129,831)|
|Total||5,439,289|304,502|5,743,791|



|20.|Reconciliation<br>of|net movement|net movement|in funds to|in funds to|net|cash flow|from|operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022f|2021f|
||Net<br>income/expenditure<br>for||the|year|(as|per|Statement|of|Financial|||
||Activities)|||||||||(37,275)|506657|
||Adjustments<br>for:|||||||||||
||Depreciation<br>charges|||||||||18,671|19,501|
||Loss on the sale of|fixed assets||||||||3,869||
||Decrease/(increase)|in debtors||||||||414|(3,103)|
||Increase/(decrease)|in creditors||||||||22,581|(1,792)|
||Investment<br>property|revaluation|||||||||(472,805)|
||Net cash provided|by operating||activities||||||8,260|48,458|
|21.|Analysis ofcash and cash equivalents|||||||||||
|||||||||||2022|2021f|
||Cash in hand|||||||||161,511|167,472|
||Total cash and cash equivalents|||||||||161,511|167,472|





## 


## 

## 

||||2022|2021f|
|---|---|---|---|---|
|Not later than||1 year|1,374|2,507|
|Later than|1 year and not later than 5years||1,748|3,123|
||||3122|5,630|



##