##
##
##
##
|||Page|
|---|---|---|
|Reference and Administrative
Details|||
|Trustees' Report|2|Io 4|
|Independent
Examiner's
Report|||
|Statement ofFinancial Activities|||
|Statement ofFinancial Position|7|Io 8|
|Statement ofCash Flows|||
|Notes tothe Statement ofCash Flows||10|
|Notes tothe Financial Statements|11|to 23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||31/3/23|31/3/22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|6|E|f|E|
|INCOME AND ENDOWMENTS|FROM|||||||
|Charitable
activities||||||||
|Incoming resources from charitable||activities||224,081|216,071|440,152|488,745|
|Other trading activities||||198||200|256|
|Total||||224,279|216,073|440,352|489,001|
|EXPENDITURE ON||||||||
|Raising funds||||160||160|482|
|Charitable
activities||||||||
|Costs ofcharitable
activities||||227,818|369,914|597,732|486,006|
|Total||||227,978|369,914|597,892|486,488|
|NET INCOME/(EXPENDITURE)||||(3,699)|(153,841)|(157,540)|2,513|
|Transfers between funds|||15|(1,223)|1,222|(1)||
|Net movement
in funds||||(4,922)|(152,619)|(157,541)|2,513|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||535,579|266,717|802,296|799,783|
|TOTAL FUNDS CARRIED FORWARD||||530,657|114,098|644,755|802,296|
##
|||||31/3/23|31/3/22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|6|f|E|E|
|FIXEDASSETS||||||
|Tangible assets|12|323,494|35,717|359,211|365,489|
|CURRENT ASSETS||||||
|Debtors|13|31,281|49,375|80,656|48,234|
|Cash at bank and in hand||211,198|29321|240,519|478,153|
|||242,479|78,696|321,175|526,387|
|CREDITORS||||||
|Amounts
falling due within one year|14|(35,313)|(318)|(35,631)|(89,580)|
|NET CURRENT ASSETS||207,166|78,378|285,544|436,807|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||530,660|114,095|644,755|802,296|
|NETASSETS||530,660|114,095|644,755|802,296|
|FUNDS|15|||||
|Unrestricted
funds||||530,660|535,579|
|Restricted funds||||114,095|266,717|
|TOTAL FUNDS||||644,755|802,296|
||||31/3/23|31/3/22|
|---|---|---|---|---|
|||Notes|E|E|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|(191,713)|50,964|
|Finance costs paid|||(331)|(219)|
|Net cash (used in)/provided|by operating|activities|(192,044)|50,745|
|Cash flows from investing|activities||||
|Purchase ofintangible
fixed|assets||(2)||
|Purchase oftangible
fixed assets|||(46,588)|(47,975)|
|Sale oftangible fixed assets|||1,000||
|Net cash used in investing
activities|||(45,590)|(47,975)|
|Change
in cash and cash|equivalents||||
|in the reporting
period|||(237,634)|2,770|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||478,153|475,383|
|Cash and cash equivalents|at the end||||
|ofthe reporting
period|||240,519|478,153|
##
##
|ACTIVITIES||||||||
|---|---|---|---|---|---|---|---|
|||||||31/3/23|31/3/22|
|||||||6|6|
|Net (expenditure)/income||for the reporting||period (as per the||||
|Statement of Financial Activities)||||||(157,540)|2,513|
|Adjustments
for:||||||||
|Depreciation
charges||||||39,965|35,768|
|Loss on disposal offixed assets||||||11,902||
|Finance costs||||||331|219|
|(Increase)/decrease|in debtors|||||(32,422)|28,344|
|Decrease
in creditors||||||(53,949)|(15,880)|
|Net cash (used in)/provided|||by operations|||(191,713)|50,964|
|ANALYSIS OF CHANGES||IN|NET FUNDS|||||
|||||At|1.4.22|Cash flow|At 31.3.23|
||||||6|6|5|
|Net cash||||||||
|Cash at bank and in hand||||478,153||(237,634)|240,519|
|||||478,153||(237,634)|240,519|
|Total||||478,153||(237,634)|240,519|
##
##
##
##
##
##
|Improvements
to property|over lease term|
|---|---|
|Plant and machinery|10%on cost|
|Fixtures and fittings|15%on cost|
|Computer
equipment|33%on cost|
##
##
##
##
|||||||31/3/23|31/3/22|
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||E|6|6||
|Bar and vending sales||||198|2|200|256|
|INCOME|FROM CHARITABLE ACTIVITIES|||||||
|||||||31/3/23|31/3/22|
|||Activity||||6|6|
|||Incoming|resources|from charitable||||
|Charitable|activities|activities||||239,863|307,282|
|||Incoming|resources|from charitable||||
|Grants||activities||||200,289|181,463|
|||||||440,152|488,745|
##
##
|RAISING DON|ATI|ONS
AND LEGACIES|||||
|---|---|---|---|---|---|---|
||||||31/3/23|31/3/22|
||||Unrestricted|Restricted|Total|Total|
||||funds
f|funds
6|funds
6|funds
E|
|Barand vending|supplies||160||160|482|
|CHARITABLE|ACTIVITIES COSTS||||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 6)|note 7)|Totals|
|||||6||6|
|Costs ofcharitable||activities||589,352|8,380|597,732|
##
##
##
##
##
##
|DIRECT COSTS O|F CH|ARITABLE ACTIVITIES|||
|---|---|---|---|---|
||||31/3/23|31/3/22|
||||E||
|Staff costs|||226,540|208,284|
|Rates and water|||6,142|4,924|
|Insurance|||14„040|13,492|
|Light and heat|||50,189|&,842|
|Telephone|||9,964|8,455|
|Postage and stationery|||2,996|2,247|
|Repairs &maintenance|||64,925|53,466|
|Other activity costs|||28,699|21,785|
|Minibus expenses|||1,086|420|
|Other travel costs|||1,801|1,211|
|Legal fees|||1„328|1,451|
|Professional
and consultancy|||24,313|26,256|
|Otherexpenses|||8,837|7,147|
|Staff training||||967|
|Venue hire|||46,768|18,540|
|ITcosts|||24,180|20,545|
|Programme
delivery support|||25,346|11,407|
|Depreciation|||39,965|35,768|
|Loss on sale ofassets|||11,902||
|Interest payable and similar charges|||331|219|
||||589,352|480,426|
|SUPPORT COSTS|||||
|||||Governance|
|||||costs|
|||||f|
|Costs ofcharitable|activities|||8,380|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||31/3/23|31/3/22|
||||6||
|Depreciation - owned assets|||39,965|35,768|
|Deficit on disposal offixed||assets|11,902||
##
##
##
##
##
##
|STAFF CO|STS||||||
|---|---|---|---|---|---|---|
||||||31/3/23|31/3/22|
||||||E|E|
|Wages and|salaries||||215,612|198,242|
|Socialsecurity costs|||||9„031|8,212|
|Other pension costs|||||1,897|1,830|
||||||226,540|208,284|
|The average|monthly|number ofemployees||during the year was as follows:|||
||||||31/3/23|31/3/22|
|Community|Fund||||17|17|
|No employees
received emoluments|||in excess off60,000.||||
##
|No employees
received emoluments
in excess off60,000.|No employees
received emoluments
in excess off60,000.|||
|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
||Unrestricted|Restricted|Total|
||funds
E|funds
E|fundsf|
|INCOME AND ENDOWMENTS|FROM|||
|Charitable
activities||||
|Incoming resources from charitable||||
|activities|182,800|305,945|488,745|
|Other trading
activities|254||256|
|Total|183,054|305,947|489,001|
|EXPENDITURE ON||||
|Raising funds|482||482|
|Charitable
activities||||
|Costs ofcharitable
activities|210,613|275,393|486,006|
|Total|211,095|275,393|486,488|
|NET INCOME/(EXPENDITURE)|(28,041)|30,554|2,513|
|Transfers between funds|(12,216)|12,216||
|Net movement
in funds|(40,257)|42,770|2,513|
##
|11.|COINPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds
f|funds
f|fundsf|
||RECONCILIATION|OF FUNDS||||
||Total funds brought|forward|575,833|223,950|799,783|
||TOTAL FUNDS CARRIED FORWARD||535,576|266,720|802,296|
|12.|TANGIBLE FIXED|ASSETS||||
||||Improvements||Fixtures|
||||to|Plant and|and|
||||property
f|machinery
f|fittings
f|
||COST|||||
||At 1st April 2022||323,612|46,763|39,993|
||Additions||21,914||24,674|
||Dieposals||(14,260)|||
||At 31stMarch 2023||331,266|46,763|64,667|
||DEPRECIATION|||||
||At 1st April 2022||33,973|45,036|27,353|
||Charge for year||7,942|557|5,455|
||Eliminated
on disposal||(1,358)|||
||At 31stMarch 2023||40,557|45,593|32,808|
||NET BOOK VALUE|||||
||At 31stMarch 2023||290,709|1,170|31,859|
||At 31st March 2022||289,639|1,727|12,640|
##
##
##
|TANGIBLE FIXEDASSETS - continued||||
|---|---|---|---|
||Motor|Computer||
||vehicles
6|equipment
6|Totals
f|
|COST||||
|At 1st April 2022|17,994|161,446|589„808|
|Additions|||46,588|
|Disposals|||(14,260)|
|At 31st March 2023|17,994|161,446|622,136|
|DEPRECIATION||||
|At 1stApril 2022|2,699|115,257|224,318|
|Charge for year|2,294|23,717|39,965|
|Eliminated
on disposal|||(1,358)|
|At 31stMarch 2023|4,993|138,974|262,925|
|NET BOOK VALUE||||
|At 31st March 2023|13,001|22,472|359,211|
|At 31st March 2022|15,295|46,189|365,490|
##
##
|DEBTORS:A|MOUNTS
FALLING DUE WITHIN ONE Y|EAR||
|---|---|---|---|
|||31/3/23|31/3/22|
|||E|E|
|Trade debtors||28,486|26,062|
|Prepayments|and accrued income|52,170|22,172|
|||80,656|48,234|
##
##
|CREDITORS: AMOUNTS||FALL|ING DUE|WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|
|||||||31/3/23|31/3/22|
|||||||E|f|
|Trade creditors||||||9,546|3,676|
|Social security and other taxes||||||2,458|2,373|
|Other creditors||||||7,427|4,759|
|Accruals and deferred income||||||16,200|78,772|
|||||||35,631|89,580|
|MOVEMENT
IN FUNDS||||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.22|in funds|funds|31.3.23|
||||||E|E||
|Unrestricted
funds||||||||
|Activities for the provision|of|||||||
|educational,
social, welfare||and|leisure|||||
|facilities||||381,487|(3,696)|(1,223)|376,568|
|Designated
-Programme|Support|||22,004|||22,004|
|Designated
-Asset replacement|||fund|81,257|||81,257|
|Designated
-Transforming||Services||36,000|||36,000|
|Designated
-Adult learning||||14,831|||14,831|
|||||535,579|(3,696)|(1,223)|530,660|
|Restricted funds||||||||
|Other external
grants and|funding|||6,323|4,000|(6,323)|4,000|
|Asset fund||||492|(247)||245|
|Youth Employment
Support||||||||
|Programme|||||(1,506)|1,506||
|P2C Community
Business|Fund|||135,197|(87,549)||47,648|
|C-19National
Lottery Emergency||||||||
|Funding||||424||(424)||
|Fashion-workers
Advice Bureau||||||||
|Leicester (FAB-L)||||69,065|(25,448)||43,617|
|C-19Social Enterprise
Support Fund|||||(3,044)|3,044||
|Sports Activator Post (LCC||Tackling||||||
|Inequalities)||||||(500)||
|C-19National
Lottery Emergency||||||||
|Funding||||2,148|(5,969)|3,821||
|H-YIF (CiN-Inspiring
Futures||||||||
|Programme)||||47,248|(47,176)||72|
|P2C Business Development||Support||5,320|(1,200)||4,120|
|Young Futures (Police Funding)||||||||
||||||14,393||14,393|
|Holiday Activities &Food Programme||||||||
|||||266,717|(153,844)|1,222|114,095|
|TOTAL FUNDS||||802,296|(157,540)|(1)|644,755|
##
##
##
|Net movement
in fu|nd|s, in|cluded
in the above are|as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||E|5|8|
|Unrestricted
funds|||||||
|Activities for the provision|||of||||
|educational,
social,|welfare||and leisure||||
|facilities||||224,279|(227,975)|(3,696)|
|Restricted funds|||||||
|Other external
grants||and funding||10,285|(6,285)|4,000|
|Asset fund|||||(247)|(247)|
|Youth Employment|Support||||||
|Programme||||(1,506)||(1,506)|
|P2C Community
Business|||Fund|2|(87,551)|(87,549)|
|Fashion-workers
Advice Bureau|||||||
|I eicester (FAB-L)||||52,710|(78,158)|(25,448)|
|C-19Social Enterprise||Support Fund||60,000|(63,044)|(3,044)|
|C-19National
Lottery||Emergency|||||
|Funding|||||(5„969)|(5,969)|
|H-YIF (CiN-Inspiring|Futures||||||
|Programme)||||13,329|(60,505)|(47,176)|
|P2C Business Development|||Support||(1,200)|(1,200)|
|Digital Poverty Programme|||||||
|||||38,735|(38,735)||
|Power to Change - Core Funding||||10,000|(10,000)||
|Young Futures (Police||Funding)|||||
|||||19,768|(5,375)|14,393|
|Holiday Activities
&|Food Programme||||||
|||||12,750|(12,848)|(98)|
|||||216,073|(369,917)|(153,844)|
|TOTAL FUNDS||||440,352|(597,892)|(157,540)|
##
##
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.21
E|in funds
f|funds
E|31.3.22
F.|
|Unrestricted
funds||||||||
|Activities for the provision|of|||||||
|educational,
social, welfare||and leisure||||||
|facilities||||343,297|(14,492)|52,682|381,487|
|Designated
- Programme|Support|||22,004|||22,004|
|Designated
-Asset replacement|||fund|91,257||(10,000)|81,257|
|Designated
-Transforming||Services||40,000||(4,000)|36,000|
|Designated
-Adult learning||||72,288|(13,546)|(43,911)|14,831|
|Designated
-Business support||||(7,298)||7,298||
|Designated
-Young people||support||14,285||(14,285)||
|||||575,833|(28,038)|(12,216)|535,579|
|Restricted funds||||||||
|Other external
grants and|funding|||15,857|(9,534)||6,323|
|Asset fund||||739|(247)||492|
|Children
in Need||||32,704|(42,330)|9,626||
|Youth Employment
Support||||||||
|Programme||||2,864|(5,454)|2,590||
|P2C Community
Business|Fund|||166,952|(31,755)||135,197|
|C-19National
Lottery Emergency||||||||
|Funding||||424|||424|
|Fashion-workers
Advice Bureau||||||||
|Leicester (FAB-L)||||2,000|67,065||69,065|
|Sports Activator Post (LCC||Tackling||||||
|Inequalities)
C-19National
Lottery Emergency||||2,410|(1,910)||500|
|Funding|||||2,148||2,148|
|H-YIF (CiN-Inspiring
Futures||||||||
|Programme)|||||47,248||47,248|
|P2C Business Development||Support|||5,320||5,320|
|||||223,950|30,551|12,216|266,717|
|TOTAL FUNDS||||799,783|2,513||802,296|
##
##
##
|Comparative
net m|ovement|in funds, included
in t|he above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted
funds||||||
|Activities for the provision of||||||
|educational,
social,|welfare and leisure|||||
|facilities|||167,345|(181,837)|(14,492)|
|Designated
-Adult|learning||15,709|(29,255)|(13,546)|
||||183,054|(211,092)|(28,038)|
|Restricted funds||||||
|Other external
grants and funding|||7,046|(16,580)|(9,534)|
|Asset fund||||(247)|(247)|
|Children
in Need||||(42,331)|(42,330)|
|Youth Employment|Support|||||
|Programme|||24,748|(30,202)|(5,454)|
|P2C Community
Business Fund|||55,250|(87,005)|(31,755)|
|Fashion-workers
Advice Bureau||||||
|Leicester (FAB-L)|||104,499|(37,434)|67,065|
|Sports Activator Post (LCC Tackling||||||
|Inequalities)|||1|(1,911)|(1,910)|
|P2C Community
Business Fund|||20,000|(20,000)||
|C-19National
Lottery Emergency||||||
|Funding|||16,095|(13,947)|2,148|
|H-YIF (CiN-Inspiding|Futures|||||
|Programme)|||66,647|(19,399)|47,248|
|P2C Business Development||Support|11,660|(6,340)|5,320|
||||305,947|(275,396)|30,551|
|TOTAL FUNDS|||489,001|(486,488)|2,513|
##
##
##
||||||Nat|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.21
f|in funds
f|funds
f|31.3.23
f|
|Unrestricted
funds||||||||
|Activities for the provision
of||||||||
|educational,
social,|welfare|and leisure||||||
|facilities||||343,297|(18,188)|51,459|376,568|
|Designated
- Programme
Support||||22,004|||22,004|
|Designated
-Asset|replacement||fund|91,257||(10,000)|81,257|
|Designated - Transforming||Services||40,000||(4,000)|36,000|
|Designated
-Adult learning
Designated
-Business support||||72,288
(7,298)|(13,546)|(43,911)
7,298|14,831|
|Designated
-Young|people|support||14,285||(14,285)||
|||||575,833|(31,734)|(13,439)|530,660|
|Restricted funds||||||||
|Other external
grants and funding||||15,857|(5,534)|(6,323)|4,000|
|Asset fund||||739|(494)||245|
|Children
in Need||||32,704|(42,330)|9,626||
|Youth Employment|Support|||||||
|Programme||||2,864|(6,960)|4,096||
|P2C Community
Business||Fund||166,952|(119,304)||47,648|
|C-19National
Lottery Emergency||||||||
|Funding||||424||(424)||
|Fashion-workers
Advice Bureau||||||||
|Leicester (FAB-L)||||2,000|41,617||43,617|
|C-19Social Enterprise
Support Fund|||||(3,044)|3,044||
|Sports Activator Post (LCC||Tackling||||||
|Inequalities)||||2,410|(1,910)|(500)||
|C-19National
Lottery Emergency||||||||
|Funding|||||(3,821 )|3,821||
|H-YIF (CiN-Inspiring|Futures|||||||
|Programme)|||||72||72|
|P2C Business Development||Support|||4,120||4,120|
|Young Futures (Police Funding)||||||||
||||||14,393||14,393|
|Holiday Activities
&|Food Programme|||||||
||||||(98)|||
|||||223,950|(123,293)|13,438|114,095|
|TOTAL FUNDS||||799,783|(155,027)||644,755|
##
|A current
year 12 mo
above are as follows:|nths
a|nd prior year 12 mont|hs
combined
net move|ment
in funds,|included
in
t|
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
f|expended
f|in funds
f|
|Unrestricted
funds||||||
|Activities for the provision
of||||||
|educational,
social, welfare and leisure||||||
|facilities|||391,624|(409,812)|(18,188)|
|Designated
-Adult learning|||15,709|(29,255)|(13,546)|
||||407,333|(439,067)|(31,734)|
|Restricted funds||||||
|Other external
grants|and funding||17,331|(22,865)|(5,534)|
|Asset fund||||(494)|(494)|
|Children
in Need||||(42,331)|(42,330)|
|Youth Employment
Support||||||
|Programme|||23,242|(30,202)|(6,960)|
|P2C Community
Business Fund|||55,252|(174,556)|(119,304)|
|Fashion-workers
Advice Bureau||||||
|Leicester (FAB-L)|||157,209|(115,592)|41,617|
|C-19Social Enterprise|Support Fund||60,000|(63,044)|(3,044)|
|Sports Activator Post|(LCC Tackling|||||
|Inequalities)|||1|(1,911)|(1,910)|
|P2C Community
Business Fund|||20,000|(20,000)||
|C-19National
Lottery|Emergency|||||
|Funding|||16,095|(19,916)|(3,821)|
|H-YIF (CiN-Inspiring
Futures||||||
|Programme)|||79,976|(79,904)|72|
|P2C Business Development||Support|11,660|(7,540)|4,120|
|Digital Poverty Programme||||||
||||38,735|(38,735)||
|Power to Change - Core Funding|||10,000|(10,000)||
|Young Futures (Police|Funding)|||||
||||19,768|(5,375)|14,393|
|Holiday Activities
&Food Programme||||||
||||12,750|(12,848)|(98)|
||||522,020|(645,313)|(123,293)|
|TOTAL FUNDS|||929,353|(1,084,380)|(155,027)|
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