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|Trustees (who actas Directors|Trustees (who actas Directors|Trustees (who actas Directors|Trustees (who actas Directors||Adrian
Spurrell|Chair|||
|---|---|---|---|---|---|---|---|---|
|for the purposes|||ofthe Companies|Act)|Joanna Jameson||||
||||||David Mitchell||||
||||||Diana Gibson-Birch||||
||||||Calli O' Brien||||
|Secretary|||||Carol O' Brien||||
|Chief Executive Officer|||||Carol O' Brien||||
|Charity number|||||1117209||||
|Company|number||||05966120||||
|Registered|||||St Bedes||||
|8 principal||office|||116Bromham|Road|||
||||||Bedford||||
||||||MK40 2QN||||
|Independent||Examiner|||Louise Tunley|FCA CTA|DChA||
||||||19Goldington|Road|||
||||||Bedford||||
||||||MK40 3JY||||
|Bankers|||||CAF Bank Limited||||
||||||25 Kings
Hill Avenue||||
||||||West Mailing||||
||||||Kent||||
||||||ME194JQ||||
||||||Scottish Widows Bank Pic||||
||||||67 Morrison Street||||
||||||Edinburgh||||
||||||EH3 8YJ||||
||||||The Charity Bank Limited||||
||||||Fosse House||||
||||||182High Street||||
||||||Tonbridge||||
||||||TN9 1BE||||
||||||Nationwide
Building Society||||
||||||Kings Park Road||||
||||||Moulton
Park||||
||||||Northampton||||
||||||NN3 6NW||||
|Solicitors|||||HCB Solicitors|(formerly|Park Woodfine|Heald Mellows)|
||||||1 Lurke Street||||
||||||Bedford||||
||||||MK40 3TN||||
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||||2021|2021|2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
|Income from:||Notes|8|2|2|2|
|Donations
and legacies
Charitable
activities
Other trading
activities
Investments
Other||4
5
6
7
8|15,928
20,378
1,025
4,906|268,364|15,928
288,742
1,025
4,906|19,686
295,664
3,496
6,772|
|Total income|||42,237|268,364|310,601|325,618|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities||9
9|190
43,763|238,238|190
282,001|194
376,871|
|Total expenditure|||43,953|238,238|282,191|377,065|
|(Loss)/gain
on
revaluation
of investment|assets|16|13,291||13,291|(8,421)|
|Net income/(expenditure)|||11,575|30,126|41,701|(59,868)|
|Net movement
in funds|||11,575|30,126|41,701|(59,868)|
|Reconciliation
of funds:|||||||
|Total funds brought
forward|||518,073|30,855|548,928|608,796|
|Total funds carried forward||19,20|529,648|60,981|590,629|548,928|
##
##
|As at 30Sept|embe|r
2021||||||
|---|---|---|---|---|---|---|---|
||||Notes||2021||2020|
|Fixed assets||||||||
|Tangible Assets
Investments|||15
16|3,543
104,010||6,410
90,672||
|Total fixed assets|||||107,553||97,082|
|Current assets||||||||
|Stocks||||6,548||6,224||
|Debtors|||17|24,761||54,649||
|Bank and cash balances||||492,943||446,712||
|Total current assets||||526,252||507,585||
|Liabilities:||||||||
|Creditors: amounts|falling|due|18|(43,176)||(55,739)||
|within one year||||||||
|Net current assets|||||483,076||451,846|
|Total assets less current||liabilities|||590,629||548i928|
|Net assets|||||590,629||548,928|
|The funds ofthe charity:
Unrestricted
income funds|||19||529,646||518,073|
|Restricted income funds|||20||60,981||30,855|
|Total charity funds|||||590,629||548,928|
##
##
||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|
|Cash flows from operating||activities:||||||
|Net cash|used in operating|activities|||26|41,372|(26,113)|
|Cash flows from investing||activities:||||||
|Interest,
Payments
Payments|dividend
and rental income
to acquire tangible fixed assets
to acquire fixed asset investments|||||4,906
(47)|3,496
(2,757)|
|Net cash|used in investing|activities||||4,859|739|
|Change|in cash and cash|equivalents|in|the year||46,231|(25,374)|
|Cash and|cash equivalents|at the beginning||ofthe year||446,712|472,086|
|Cash and cash equivalents||at the end|of|the year||492,943|446,712|
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|Comparative
Statement|Comparative
Statement|of Financial A|ctivities||||
|---|---|---|---|---|---|---|
|The Statement
of Financial||Activities for|the year|ended 30' September 2020 is presented||for|
|illustrative
purposes.||||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|||||2020|2020|2020|
|||||2|8|2|
|Income:|||||||
|Donations
and legacies
Charitable
activities||||19,686
13,935|281,729|19,686
295,664|
|Investments||||3,496||3,496|
|Other||||6,772||6,772|
|Total income||||43,889|281,729|325,618|
|Expenditure:
Raising Funds
Charitable
Activities||||194
121,102|255,769|194
376,871|
|Total expenditure||||121,296|255,769|377,065|
|(Loss)/gain
on revaluation||of investment|assets|(8,421)||(8,421)|
|Net incomel(expenditure)||||(85,828)|25,960|(59,868)|
|Reconciliation
of funds:|||||||
|Total Funds brought|forward|||603,901|4,895|608,796|
|Total Funds carried|forward|||518,073|30,855|548,928|
##
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##
|Income from ch|aritable activities (continu|ed)||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Tots I|
|||2021|2021|2021|2020|
|||2|2|2|2|
|Sub total brought|forward|14,202|268,364|282,566|288,929|
|Other services:||||||
|Resource centre|sales|107||107|671|
|Low vision clinic|sales and service income|6,069||6,069|5,935|
|Training services provided|||||3|
|Events for Service Users|||||126|
|||20,378|268,364|288,742|295,664|
##
##
|Other trading activities|Other trading activities|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||2021|2021|2021|2020|
|||2|2|2||
|Advertising|income|900||900||
|RhlIB Goodwill trade credit||125||125||
|||1,025||1,025||
|Investment|income|||||
|||Unrestricted|Restricted|Total|Total|
|||2021
2|2021
2|2021
2|2020
f|
|Interest on|bank accounts|1,400||1,400|312|
|Share Dividends||3,506||3,506|3,184|
|All income|in 2020 was unrestricted.|4,906||4,906|3,496|
|Other income||||||
|||Unrestricted|Restricted|Total|Total|
|||2021|2021|2021|2020|
|||2|2|2|2|
|Insurance|Claim||||5,907|
|Central Beds Resilience Payment|||||478|
|Contribution|to Kitchen Refurbishment||||387|
|All income|in 2020 was unrestricted.||||6,772|
##
##
|Expenditure|Expenditure||||||||
|---|---|---|---|---|---|---|---|---|
|2021||||Staff
costs|Other
costs|Depreciat-
lon/(loss) on|Support
costs|2021
Total|
|||||||disposal|||
||||||2|2|2|2|
|Charitable||Activities|||||||
|Direct services||||80,907|46,131|905|43,255|171,198|
|Management||and|Admin.|32,817|16,254|698|43,194|92,963|
|Governance||(Note 10)||13,100|||4,740|17,840|
|Total for charitable|||activities|126,824|62,385|1,603|91,189|282,001|
|Fundraising|||||190|||190|
|||||126,824|62,575|1,603|91,189|282,191|
|2020||||Staff
costs|Other
costs|Depreciat-
ion/loss on|Support
costs|2020
Total|
|||||||disposal|||
|||||2|2|2|2|2|
|Charitable|Activities||||||||
|Direct services||||106,185|53,005|1,752|79,629|240,571|
|Management||and Admin.||47,098|18,513|385|55,292|121,288|
|Governance||(Note|10)|13,100|112||1,800|15,012|
|Total for charitable|||activities|166,383|71,630|2,137|136,721|376,871|
|Fundraising|||||194|||194|
|||||166,383|71,824|2,137|136,721|377,065|
|Support costs is|analysed as follows:|||||
|---|---|---|---|---|---|
|||2021|2020|Basis|ofapportionment|
|||2|2|||
|Rent, insurance|and service charges|31,229|50,639||Invoiced costs|
|Computer costs||310|9,851||Invoiced costs|
|Telephone||4,943|4,554||Invoiced costs|
|Printing,
postage|and stationery|2,079|4,418||Invoiced costs|
|Repairs and renewals||17,447|20,740||Invoiced costs|
|Other costs||2,284|1,785||Invoiced costs|
|Other staff costs||5,077|5,510||Invoiced costs|
|Legal and professional fees||4,740|4,020||Invoiced costs|
|Consultancy
costs||23,080|35,204||Invoiced costs|
|||91,189|136,721|||
##
##
##
|Governance|costs||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||2|2|
|Trustee costs||||||112|
|External advisors|||||4,740|1,800|
|Staff costs|||||13,100|13,100|
||||||17,840|15,012|
|Staff costs|||||||
||||||2021|2020|
||||||2|2|
|Salaries|||||118,944|153,337|
|Social Security costs|||||2,542|3,865|
|Pension Costs|||||5,338|9,181|
||||||126,824|166,383|
|No employee|earned|more than 260,000(2020:none).|||||
|The average|number|ofemployees||during the year was as follows:|2021|2020|
|Chief Executive Officer|||||1|1|
|Resource Centre staff|||Full time||||
||||Part time||9|12|
||||||10|13|
##
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##
##
|The net movement|in funds|is stated after charging:|||
|---|---|---|---|---|
||||2021|2020|
||||2|2|
|Independent
Examiner's fees
Auditor's fees
Loss on disposal
Depreciation
Rent on licence|||4,740
1,264
1,603
23,801|1,800
2,137
34,375|
##
|Fixed assets||||
|---|---|---|---|
|||Restricted||
||Computer|fund||
||Equipment|equipment|Total|
|Cost|2|2|2|
|At 1 October 2020
Disposals|21,564
(14,956)|13,000|34,564
(14,956)|
|At 30September 2021|6,608|13,000|19,608|
|Depreciation||||
|At 1 October 2020
Charge for the year
Disposals|18,624
735
(13,692)|9,530
868|28,154
1,603
(13,692)|
|At 30September 2021|5,667|10,398|16,065|
|Net book values||||
|30September 2021|941|2,602|3,543|
|30September 2020|2,940|3,470|6,410|
|All ass
Fixed|ets are held for direct ch
asset investments|aritable
pu|rposes.||||
|---|---|---|---|---|---|---|
||||||Unrealised||
|||1|Dct 2020
2|Additions
2|gain/(loss)
2|30 Sep 2021
2|
|United
Utilities Group Pic (772)
Santander
(UK) Pic (507)
Sarasin GlobalStar —Cautious
Murray Income Trust (7,500)||Fd (2,500)|6,607
690
28,625
54,750|47|869
697
625
11,100|7,476
1,434
29,250
65,850|
||||90,672|47|13,291|104,010|
##
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##
|Debtors|||
|---|---|---|
||2021f|2020
2|
|Trade debtors|13,531|34,487|
|Other debtors||750|
|Prepayments
Accrued income|9,863
1,367|14,232
5,180|
||24,761|54,649|
##
##
|Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2021|2020|
|||2|2|
|Trade creditors||3,378|5,066|
|Taxation and social security
Other creditors||925
996|1,012
4,416|
|Accruals and deferred|income|37,877|45,245|
|||43,176|55,739|
|included
in other creditors|included
in other creditors|is an amount|in respect|of pension|contributions|of2996|(2020:24,416)|
|---|---|---|---|---|---|---|---|
|outstanding
at the year|end.|||||||
|Deferred income||||||||
|||||||2021|2020|
|||||||2|2|
|At 1 October 2020||||||37,854|1,437|
|Received during the year
Released to incoming
resources||||||202,083
(209,816)|252,756
(216,339)|
|At30September 2021||||||30,121|37,854|
|Income is deferred where||it relates to the following||financial year.||||
##
||||Movement|in year|||
|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources|Transfers|Balance at|
|||1 Oct 2020|resources|expended||30Sept 2021|
|||2|2|2||2|
|General fund||418,073|42,237||(56,498)|403,812|
|Designated|fund|100,000||(30,662)|56,498|125,836|
|||518,073|42,237|(30,662)||529,648|
##
##
##
##
|21|Net|assets held by funds||Cash||||
|---|---|---|---|---|---|---|---|
||||Fixed|at bank a|Other|||
|||2021|Assets|Investments|Assets|Creditors|Total|
||||2|2|2|6|2|
||General fund||941|538,574|33,309|(43,176)|529,648|
||Restricted funds||2,602|58,379|||60,981|
||||3,543|596,953|33,309|(43,176)|590,629|
|||||Cash||||
||||Fixed|at bank &|Other|||
|||2020|Assets|Investments|Assets|Creditors|Total|
||||2|2|2|2|9|
||General fund||2,940|509,999|60,873|(55,739)|518,073|
||Restricted funds||3,470|27,385|||30,855|
||||6,410|537,384|60,873|(55,739)|548,928|
##
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##
|Reconciliation
of net incom|e/(expenditure)
to net c|ash flow from operating|activities|
|---|---|---|---|
|||2021|2020|
|||2|2|
|Net (expenditure)
for the year
Adjustments
for:||41,701|(59,868)|
|Depreciation
charges||1,603|2,137|
|Loss/(gains)
on disposal||1,264||
|Losses/(gains)
on investments
Dividends,
interest and rents from investments
Decrease/(increase)
in stocks
Decrease/(increase)
in debtors
Increase/(decrease
in creditors||(13,291)
(4,906)
(2,324)
29,888
(12,563)|8,421
(3,496)
514
8,304
17,875|
|Net cash provided
by operating|activities|41,372|(26,113)|