| Pane | Pane | |
|---|---|---|
| J~qrtq~t~~Committed~ | ||
| 1ddepe4e,~f~~~öpóft | 7 | |
| Statement~f~Jna1~çialActfv1tiè~ | 8 | |
| ~a1a~ceSheet | 9 | |
| Stateni~ntof~as~hPlows | ||
| t~$otesformingpartoftheFinanchlStatements | 11 | 21 |
| Executive committee: | Appointed | Resigne | ||
|---|---|---|---|---|
| Chair: | Arthur Deakin | Director | 05.02.19 | |
| Vice chair | Roger Smith | Director | 04.01.12 | 26.05.22 |
| Treasurer: | Jim Quek | Director | 24.09.19 | 26.05,22 |
| Mark Hooper | Director | 26.05.22 | ||
| Nicola Sissons | Director | 18.10.07 | ||
| Glen Roberts | Director | 01.11.16 | ||
| DrVictoria McGregor Riley | Director | 28.11.17 | 08.06,21 | |
| Barbara Harrison | Director | 11.12.18 | ||
| David Pressley | Director | 05.02.19 | ||
| SueWigley | Director | 24.09.19 | ||
| Dawn Hickman | Director | 10,03.20 | ||
| Francesca Passaseo | Director | 27,10.20 | 07.12.21 | |
| Jim Quek | Director | 24.09.19 | ||
| June Evans | BDC rep | |||
| Companysecretary: | KarenWhitlam | 01.05.18 | ||
| Chief Executive Officer | Karen Whitlam | 01.05.18 |
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | Funds | Funds | 2021 | ||
| £ | £ | £ | £ | £ | £ | ||
| INCOME | |||||||
| Donations | 4a | 222 | 222 | 5,412 | 2,000 | 7,412 | |
| Incomefrom charitable activities | 4b | 44,960 | 755,602 | 800,562 | 49,300 | 511,041 | 560,341 |
| Incomefrom otheractivities | 4c | 40,721 | 1,660 | 42,381 | 987 | 4,802 | 5,789 |
| Investment income | 4d | 133 | 133 | 210 | - | 210 | |
| Total income | 86,036 | 757,262 | 843,298 | 55,909 | 517,843 | 573,752 | |
| EXPENDITURE | |||||||
| Charitable activities | 5 | 86,795 | 580,110 | 666,905 | 77,701 | 422,143 | 499,844 |
| Total expenditure | 86,795 | 580,110 | 666,905 | 77,701 | 422,143 | 499,844 | |
| Net income I(defecit)fortheyear | 6 | _ ___ ~1~,15~j76~ |
J~~L95,70~3,908 | ||||
| Statement ofcomprehensiveincome | |||||||
| Netincomefortheyear | (759) | 177,152 | 176,393 | (21,792)• | 95,700 | 73,908 | |
| Other comprehensive income | |||||||
| Actuarial (deflcit)fgain ondefined | |||||||
| benefit pension scheme | 16 | 104,000 | - | 104,000 | (129,000) | (129,000) | |
| Total comprehensive incomeforthe | year | 103,241 | 177,152 | 280,393 | (150,792) | 95,700 | (55,092) |
| Total funds broughtforward | (85,966) | 103,144 | 17,178 | 65,552 | 6,718 | 72,270 | |
| Transfers between funds | 14 | 27,179 | (27,179) | - | (726) | 726 | - |
| Totalfundscarried forward | 44,454 | 253,117 | 297,571 | (85,966) | 103,144 | 17,178 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Cashflows from operating activities: | ||
| Net income/ (deficit) | 176,393 | 73,908 |
| Adjustments for: | ||
| Depreciation oftangiblefixed assets | 2,501 | 2,501 |
| Interestfrom investments | (133) | (210) |
| Interest payableandsimilarcharges | 9,000 | 8,000 |
| Defined benefitpensionservice charges | 6,000 | 10,000 |
| Changes in: | ||
| Trade and otherdebtors | (14,678) | (36,225) |
| Trade and othercreditors | 5,293 | 4,811 |
| Cash equivalentsfrom/(used) in operations | 184,376 | 62,785 |
| Net cash from operating activities | 184,376 | 62,785 |
| Cashflowsfrom investing activities: | ||
| Interest from investments | 133 | 210 |
| Purchase oftangiblefixed assets | - | - |
| Net cashfromi(used) in investing activities | 133 | 210 |
| Net increasel(decrease) in cash and cash equIvalents | 184,509 | 62,995 |
| Cash and cashequivalents atthe beginningofthe year | 426,557 | 363,562 |
| Cash and cash equivalentsatthe end ofthe year | 611,066 | 426,557 |
| INCOME | Total | Total | |||
| Unrestricted | Restricted | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| a, Donations | |||||
| The DerekJohn Badger FamilyTrust | - | - | 5,175 | ||
| Retford & District Rotary Club | - | - | 2,000 | ||
| Other donations | 222 | 222 | 237 | ||
| 222 | 222 | 7,412 | |||
| b. Incomefrom charitable activities | |||||
| _____ | |||||
| Nottinghamshire CountyCouncil Bassetiaw DistrictCouncil |
- 20,000 |
145,660 - |
145,660 20,000 |
35,730 20,000 |
|
| Bassetlaw DistrictCouncil - Better Care Broxtowe CitizensAdvice - Early Intervention Project Broxtowe Citizens Advice - Household Support Fund Citizens Advice (BEIS RemoteWorking) Citizens Advice (Energy Redress) Citizens Advice (Help to Claim) Citizens Advice (Single Queue) |
- - 2,750 - - - .. |
12,258 17,865 94,232 36,711 |
12,258 17,865 2,750 94,232 36,711 - |
- - 7,037 43,980 10,000 |
|
| Citizens Advice (Innovation Community) | - | * | 25,000 | ||
| CitizensAdvice (Energy Advice Programme) | - | - | 13,645 | ||
| Citizens Advice(BESN/BESW) | - | - | - | 11,341 | |
| Citizens Advice (HMPTPhone & Chat/Email) | - | - | 28,000 | ||
| Citizens Advice (Other) | - | 112 | 112 | 100 | |
| NottinghamshireCounty Council Money Advice & Pensions Service Macmillan CancerSupport NHS Bassetlaw(CCG) Nottinghamshire Community Foundation |
21,700 - - - - |
- 111,505 100,376 189,323 - |
21,700 111,505 100,376 189,323 |
- 132,686 88,266 - 9,980 |
|
| Hospitality Action (Bankruptcy Grant) | - | 680 | 680 | ||
| Energy Saving Trust National Lottery Community Fund |
- - |
43,380 - |
43,380 - |
78,676 9,700 |
|
| The Access to Justice Foundation | - | - | - | 29,200 | |
| Thomas FarrTrust Fund | .. | - | - | 4,500 | |
| TheWilliamson BenevolentTrust | - | - | - | 5,000 | |
| The Jones 1986 CharitableTrust | - | - | - | 5,000 | |
| The Lady Hind Trust | - | 2,500 | 2,500 | 2,500 | |
| Freemasons Fund Hospital Saturday Fund |
•~ 510 |
1,000 - |
1,000 510 |
___ - |
|
| 44,960 | 755,602 | 800,562 | 560,341 | ||
| c. Incomefrom otheractivities | |||||
| Room hire | - | - | 360 | ||
| Training | - | 1,320 | 1,320 | 320 | |
| Westgateforclients Other incomeforclients |
- - |
340 - |
340 - |
2,994 1,700 |
|
| Otherincome | * | - | 415 | ||
| Kickstart | 40,721 | - | 40,721 | - | |
| 40,721 | 1,660 | 42,381 | 5,789 |
ARCH 2022 |
|||
|---|---|---|---|
| Total | Total | ||
| Unrestricted | Restricted | 2022 | 2021 |
| £ | £ | £ | £ |
| 133 | 133 | 210 |
| Unrestricted | Unrestricted | Restrict | Restrict | ad | |||||
|---|---|---|---|---|---|---|---|---|---|
| 5~ | Expenditure | Designated | Debt | Welfare | OtherRestricted | ||||
| Allocation basis | Core | Funds | Advice | Rights | ActMtiea | Total | Total | ||
| £ | £ | £ | £ | £ | £ | £ | |||
| Charitable Activities | |||||||||
| Client Payments | actual | 510 | 1,510 | 545 | 2,565 | 28,106 | |||
| Project partner payments | actual | 103,298 | 103,298 | ||||||
| Telephone | actual | 7,866 | 533 | 717 | 2,423 | 11,539 | 13,416 | ||
| Printpost & copy | actual | 557 | 104 | 344 | 175 | 1,180 | 6,209 | ||
| Other office costs | actual | 355 | 272 | 221 | 1,583 | 2,431 | 1,861 | ||
| Information, Publications & | |||||||||
| Computercosts | actual | 1,222 | 1,030 | 1,540 | 10,287 | 14,079 | 28,390 | ||
| Insurance | actual | 1,567 | 1,567 | 1,572 | |||||
| Staffcosts | actual | 78,479 | 87,102 | 65,857 | 244,851 | 476,288 | 379,838 | ||
| Training | actual | 98 | 545 | 642 | 200 | 1,485 | 3,595 | ||
| Premises costs | actual | 6,331 | 2,508 | 8,839 | 3,072 | ||||
| Volunteerexpenses | actual | 252 | 252 | 162 | |||||
| Depreciation | actual | 2,501 | 2,501 | 2,501 | |||||
| Legal & Professional Otherexpenses |
actual actual |
12,658 4,700 |
40 212 |
40 | 160 270 |
12,898 5,182 |
1,676 5,415 |
||
| Defined benefit pension costs | actual | ||||||||
| Service costs | actual | 6,000 | 6,000 | 10,000 | |||||
| Interest Supportcharges |
actual Stafftime |
9,000 (48,048) |
&842 | 7,179 | - 32,027 |
9,000 | 8,000 | ||
| 84,048 | 100,190 | 76,540 | 398,327 | 659,105 | 493,813 | ||||
| Governance | -.............. | ||||||||
| Accountancy | actual | 6,725 | 6,725 | 5,010 | |||||
| Independent examination | actual | 750 | 750 | 750 | |||||
| Trusteeexpenses | actual | ||||||||
| Bank charges & | |||||||||
| interest | actual | 325 | 325 | 271 | |||||
| Support charges | Stafftime | (5,053) | t142 | 758 | 3,153 | ||||
| 2,747 | 1,142 | 758 | 3,153 | 7,800 | 6,031 | ||||
| -.......-........-......... | |||||||||
| Total expenditure | 86,795 | 101,332 | 77,298 | 401,480 | 666,905 | 499,844 | |||
| ~ | |||||||||
| Supportcharges | |||||||||
| Charitableactivities | |||||||||
| Salaries | (26,916) | 5,164 | 4,035 | 17,717 | - | - | |||
| Staff & volunteerexp | (208) | 38 | 31 | 139 | - | ||||
| Officeexpenses | (13,869) | - | 2,642 | 2,051 | 9,176 | - | |||
| Premises costs | (6,216) | 861 | 935 | 4,420 | |||||
| Other costs | (839) | 137 | 127 | 575 | - | -. | |||
| ~48-8,8427,179 | 32,027-- |
| FOR THE YEAR ENDED 31 MARCH 2022 | |||
|---|---|---|---|
| 6. | Net Incoming Resourcesfor the year | ||
| 2022 | 2021 | ||
| This is stated aftercharging: | £ | £ | |
| Depreciation offixed assets | |||
| for use bythe charity | 2,501 | 2,501 | |
| Independent examiners fee | 750 | 750 | |
| Accountancyfees paid to independent examiner | 1,017 | 1,050 | |
| Payroll processing fees paid to independent examiner | 1,388 | 1,188 | |
| Other consultants accountancyfees | 4,320 | 3,960 | |
| 7. | Staffcostsand numbers | ||
| Included in staffcosts werethefollowing: | |||
| Salaries and pensions | 452,731 | 360,658 | |
| Social security costs | 26,664 | 22,407 | |
| Employment Allowance | (4,000) | (4,000) | |
| Other staffcosts | 2,631 | 4,530 | |
| 478,026 | 383,595 | ||
| = | |||
| No employee received emoluments ofmorethan £60,000. | |||
| The average numberofemployees during the yearwas asfollows: | |||
| Number | Number | ||
| Activities in thefurtherance ofthecharity’s objects | 31 | 22 | |
| 8, | Trustee Remuneration & Related PartyTransactions | ||
| No members of the BoardofTrustees received any remuneration during theyear. | |||
| Trustee expenses were as follows: | |||
| Numberoftrustees whowere paid expenses | - | ||
| Amounts paid | |||
| Travel | |||
| Also paid on behalfofall trustees was an indemnityinsurance: | |||
| Indemnity Insurance | 280 | 274 |
| 10. | Tangible FixedAssets | ||||
|---|---|---|---|---|---|
| Computers | |||||
| Fixtures & | and Office | ||||
| Fittings | Equipment | Total | |||
| £ | £ | £ | |||
| COST | |||||
| Ati April2021 | 5,597 | 48,871 | 54,468 | ||
| Additions | |||||
| Disposals | |||||
| At 31 March 2022 | 5,597 | 48,871 | 54,468 | ||
| ACCUMULATED DEPRECIATiON | |||||
| At 1 April 2021 | 3,319 | 45,388 | 48,707 | ||
| Chargefortheyear | 760 | 1,741 | 2,501 | ||
| Eliminated on disposal | |||||
| At 31 March 2022 | 4,079 | 47,129 | 51,208 | ||
| NET BOOKVALUE | |||||
| At 31 March 2022 | 1,518 | 1,742 | 3,260 | ||
| ~= | |||||
| At 31 March2021 | 2,278 | 3,483 | 5,761 | ||
| 2022 | 2021 | ||||
| 11, | Debtors | £ | £ | ||
| Prepayments | 1842 | 1,310 | |||
| Debtors | 91833 | 77,687 | |||
| 93,675 | 78,997 | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| 12. | Creditors: | Amounts falling due within oneyear | |||
| Accruals | 9,307 | 2,350 | |||
| Othercreditors | 9,123 | 10,787 | |||
| 18,430 | 13,137 |
| Analysisof NetAssets Between Funds | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| £ | £ | £ | |
| Tangible fixed assets Currentassets Current liabilities Pension liability |
3,260 439,044 (5,850) (392,000) |
265,697 (12,580) |
3260 704741 (18,430) (392,000) |
| Net assets at 31 March2022 | 44,454 | 253,117 | 297,571 |
| Movement in Funds | At | At | |||
| 1 April | Incoming | Outgoing | 31 March | ||
| 2021 | Resources | Resources | Transfers | 2022 | |
| £ | £ | £ | £ | £ | |
| Restricted Funds: | |||||
| MoneyAdvice & Pensions Service Welfare Rights Bassetlaw - Macmillan Universal Credit Help to Claim Energy Redress Notts County Council PSRF BEIS lnnovation BEIS HMPT BEIS Digital Access forJustice BESW/BESN Trust Funds Debt - Increasing Capacity BetterCare Broxtowe Citizens Advice Bassetlaw CCG |
14,995 8,012 - - - 14,492 31,750 1,665 3,498 8,323 17,720 2,689 - — - |
83,521 100,626 36,711 94,232 145,660 43,380 3,500 30,186 12,258 17,865 189,323 |
(75,599) (77,298) (36,711> (84,506) (95,973) (14,568) (34,248) (2,403) (3,553) (23,209) (18,211) (25,735) (1,738> (7,539) (78,819> |
(22,917) - - 76 2,498 738 55 (7,140) - (489> |
31,340 - 9,726 49,687 - - - 28,494 3,009 10,520 10,326 110,015 |
| 103,144 | 757,262 | (580,110) | (27,179) | 253,117 | |
| Unrestricted Funds: | |||||
| Core Fund Designated Reserve Fund Defined benefit pension liability |
302,324 92,710 (481,000) |
86,036 - 104,000 |
(71,795) - (15,000) |
29,680 (2,501) - |
346,245 90,209 (392,000) |
| Total funds | 17,178 | 947,298 | (666,905) | - | 297,571 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Equipment | ||
| Withinoneyear | 3,858 | 3858 |
| Twotofive years | 5,166 | 9,024 |
| Statement offinancial position as at 31 March 2022 | ||
|---|---|---|
| 31~03~2022 | 31~O3~2021 | |
| £GOOs | £000s | |
| Present value ofthedefined benefitobligation | 997 | 998 |
| Fairvalue of Fund Assets (bid value) | (605) | (517) |
| Deficit!(Surplus) | 481 | |
| Net defined benefit liability | 392 | 481 |
| Amounts recognised in the profitand loss statements: | ||
| SeMce cost | 6 | 10 |
| Net interest on thedefined liability(asset) | 9 | 8 |
| Total | —~ |
| 31.O3~2O22 | 31.O3~2O22 | 31.03,2021 | ||
|---|---|---|---|---|
| £000s | £000s | |||
| Reconciliation ofopening and closing balancesofthe present value ofthedefined benefit | obligation: | |||
| Opening defined benefitobligation | 998 | 793 | ||
| Current service cost | 6 | 10 | ||
| Interest cost | 20 | 18 | ||
| Change infinancial assumptions | (63) | 242 | ||
| Change indemographic assumptions | - | (8) | ||
| Experience loss/(gain) on defined benefit obligation | 2 | (9) | ||
| Estimated benefits paid net oftransfers in | 33 | (50) | ||
| Pastservice costs, including curtailments | ||||
| Contributions byScheme participants and other employers | 1 | 2 | ||
| Closing defined benefitobligation | 997 | 998 | ||
| Reconciliation ofthe openingand closing balances ofthefairvalue ofFund assets: | ||||
| OpeningfairValueof Fund assets | 517 | 459 | ||
| Interest on assets | 11 | 10 | ||
| Return on assets less interest | 37 | 86 | ||
| Otheractuarial gains/(losses) | - | - | ||
| Contributions byemployers | 6 | 10 | ||
| Contributions byscheme participants | 1 | 2 | ||
| Estimated benefits paid plus unfunded netof transfers in | 33 | (50) | ||
| Closingfairvalueoffund assets | 605 | 517 | ||
| Theestimated assetallocation offunds held inthe scheme is asfollows: | ||||
| Equities | 366 | 329 | ||
| Guts | 18 | 18 | ||
| Other bonds | 41 | 39 | ||
| Property | 78 | 55 | ||
| Cash | 34 | 28 | ||
| lnflation*linked pooled fund | 32 | 20 | ||
| Infrastructure | 36 | 28 | ||
| Total | 605 | 517 | ||
| Thefollowing assumptions were made bythe Actuaries in arriving atthe abovefigures | ||||
| Lifeexpectancyfrom age 65years | 31.03~2O22 | 31.03.2021 | 31.03.2021 | |
| (afterCML | (before CML | |||
| 2020 update) | 2020 update) | |||
| Retiring today - males | 21.6 | years | 21,6 years | 2t9years |
| females | 24.3 | years | 24.3years | 24.5 years |
| Retiring in 20 years - males | 23years | 22.9 years | 23.3 years | |
| females | 25.8 | years | 25.7 years | 25.9 years |
| Discount rate | 2.60% | 2.00% | 2.00% | |
| Pension increases | 3.20% | 2,85% | 2,85% | |
| Salary increases | 4.20% | 3.85% | 3.85% |