2023-03-31-accounts

Trustees			Jan Wing (Chair)	Jan Wing (Chair)
			Stephen Harvey (Vice Chair)
			Beverley Johnston		(Treasurer)
			Keith Batchelor
			Stephen Clarke
			Andrew Cooke
			Victoria Jacob
			Peter Maiden
			Patricia Spears
			Diana Yip
Secretary			lan Richardson
Charity	number		1118986
Company		number	06143165
Principal	address		Nigel Copping	Community		Building
			Sanville Gardens
			Stanstead Abbotts
			Ware
			Hertfordshire
			SG12 8GA
Registered		office	Nigel Copping	Community		Building
			Sanville Gardens
			Stanstead Abbotts
			Ware
			Hertfordshire
			SG128GA
Auditors			Gowers Limited
			The Old School House
			Bridge Road
			Hunton Bridge
			Kings Langley
			Hertfordshire
			WD4 8SZ
Bankers			HSBC
			81 Turners Hil!
			Cheshunt
			Hertfordshire
			EN8 9BA
Solicitors			Longmores Solicitors
			24 Castle Street
			Hertford
			Hertfordshire
			SG14 1HP

			Page
Chairman's	statement
Trustees'	report		2-6
Statement	ofTrustees'	responsibilities
Independent auditor's		report	8-10
Statement	offinancial	activities	11 - 12
Balance sheet
Statement	ofcash flows		14
Notes to the financial		statements	15-28

Current financial year	Current financial year
							Unrestricted	Restricted	Total	Total
							funds	funds
							2023	2023	2023	2022
						Notes	F	E		E
income from:
Donations and	voluntary		income				35,041		35,041	29,435
Promotion of charitable		purposes		in Broxbourne	and
East Herts							148,413	1,409,039	1,557,452	1,088,234
Commercial activities and fundraising							30,831		30,831	8,405
Investment income							2,338		2,338	46
Total income							216,623	1,409,039	1,625,662	1,126,120
Promotion of charitable		purposes		in Broxbourne	and
East Herts							176,723	1,417,698	1,594,421	988,135
Net income/(expenditure)			for the year/
Net movement	in funds						39,900	(8,659)	31,241	137,985
Fund balances	at 1 April		2022				217,996	334,792	552,788	414,803
Fund balances	at 31 March 2023						257,896	326,133	584,029	552,788

Prior financial year
					Unrestricted	Restricted	Total
					funds	funds
				Notes	2022f	2022	2022
income from:
Donations and voluntary	income				29,435		29,435
Promotion of charitable	purposes	in Broxbourne	and East
Herts					321,176	767,058	1,088,234
Commercial activities and fundraising					8,405		8,405
Investment income					46		46
Total income					359,062	767,058	1,126,120
Ex enditure on:
Promotion of charitable	purposes	in Broxbourne	and East
Herts					311,736	676,399	988,135
Total expenditure					311,736	676,399	988,135
Net income before transfers					47,326	90,659	137,985
Net income/(expenditure) for the year/
Net movement in funds					47,326	90,659	137,985
Fund balances at 1 April	2021				170,670	244,133	414,803
Fund balances at 31 March 2022					217,996	334,792	552,788

					2023		2022
				Notes			f
Fixed assets
Tangible assets				12		5,167
Current assets
Debtors				13	149,708		49,915
Cash at bank and	in	hand			494,036		599,262
					643,744		649,177
Creditors: amounts		falling due within
one year				14	(64,882)		(96,389)
Net current assets						578,862		552,788
Total assets less	current		liabilities			584,029		552,788
Income funds
Restricted funds				16		326,133		334,792
Unrestricted funds
Designated funds				17	180,000		170,000
General unrestricted		funds			77,896		47,996
						257,896		217,996
						584,029		552,788

					2023			2022
				Notes	F
Cash flows from operating		activities
Cash (absorbed by)/generated			from	21
operations						(101,564)			174,806
Investing activities
Purchase oftangible fixed	assets				(6,000)
Interest received					2,338		46
Net cash (used in)/generated			from
investing activities						(3,662)			46
Net (decrease)/increase	in	cash and		cash
equivalents						(105,226)			174,852
Cash and cash equivalents		at	beginning	ofyear		599,262			424,410
Cash and cash equivalents			at end of	year		494,036			599,262

					Unrestricted	Unrestricted
					funds	funds
					2023	2022
					f	F
Donations	and gifts				481	4,043
Grants for	core activities		and Covid-19	support	34,560	25,392
					35,041	29,435
Grants receivable for core activities				and Covid-19 support
Broxbourne		Council			5,000	5,000
East Herts	Council				13,800	13,800
Communities		First - Covid Information		Champions	15,760
NACVA: Covid-19						1,500
Herffordshire		Community	Foundation:	Covid-19		5,000
Coronavirus		Job Retention Scheme grant				92
					34,560	25,392

						2023	2022
							F
	Performance		related	grants		1,427,040	791,058
	Ancillary trading income					130,412	297,176
						1,557,452	1,088,234
	Analysis by	fund
	Unrestricted		funds			148,413	321,176
	Restricted funds					1,409,039	767,058
						1,557,452	1,088,234
	Performance		related	grants
	Big Local Trust					851,340	356,151
	Building Better Opportunities					158,035	163,835
	Hertfordshire		County	Council		72,850
	Broxbourne	Borough		Council		31,520
	Community	Transport				29,524	19,295
	Lowewood	Museum				31,430	2,970
	Food Poverty					55,500	40,000
	Hertfordshire		Adults and Family Learning		Service	22,500	3,963
	Foodbanks					77,000	45,500
	Job Smart					43,500	37,077
	Other					53,841	122,267
						1,427,040	791,058
5	Commercial		activities and fundraising
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
							F
	Other Earned		Income			30,831	8,405

6	Investment	income	income
								Unrestricted	Unrestricted
								funds	funds
								2023	2022
	Interest receivable							2,338	46
7	Promotion	ofcharitable			purposes	in Broxbourne	and East Herts
								2023	2022
								E
	Staff costs							857,196	592,036
	Depreciation		and impairment					833	1,050
	Training and		information		costs			4,934	2,883
	Direct project		costs					568,228	264,616
	Premises costs							108,386	91,910
	Insurance							3,714	1,600
	Office costs							16,904	10,858
	Computer costs							6,496	2,436
	Repairs and		maintenance					4,622	2,127
	Travel and subsistence			costs				84	97
	General expenses							839
	Professional		costs					18,908	15,522
	Bank charges							277
	Governance		costs					3,000	3,000
								1,594,421	988,135
	Analysis by		fund
	Unrestricted	funds						176,723	311,736
	Restricted funds							1,417,698	676,399
								1,594,421	988,135

The average	monthly number ofemployees during th	e year was:
		2023	2022
		Number	Number
Core activities		41	32
Employment	costs	2023	2022
		f
Wages and salaries		776,727	539,440
Social security	costs	57,532	36,394
Other pension	costs	22,937	16,202
		857,196	592,036

The num	b	er ofemployees whose annual remuneratio	n was f60,000 or more were:
			2023	2022
			Number	Number
f60,001	-	265,000	1	1

12	Tangible fixed	assets	assets
				Database	Computers &	Total
					office
					equipment
				F	F
	Cost
	At 1 April 2022				4,200	4,200
	Additions			6,000		6,000
	At 31 March 2023			6,000	4,200	10,200
	Depreciation and impairment
	At 1 April 2022				4,200	4,200
	Depreciation charged		in the year	833		833
	At 31 March 2023			833	4,200	5,033
	Carrying amount
	At 31 March 2023			5,167		5,167
13	Debtors
					2023	2022
	Amounts falling due		within one year:			F
	Trade debtors				95,701	29,511
	Other debtors				596
	Prepayments and accrued income				53,411	20,404
					149,708	49,915
14	Creditors: amounts		falling due within one year
					2023	2022
				Notes	F
	Other taxation	and social security			12,947	12,219
	Deferred income			15	12,217	30,333
	Trade creditors					33,183
	Other creditors					1,264
	Accruals				39,718	19,390
					64,882	96,389
15	Deferred income
					2023	2022
					E
	Other deferred	income			12,217	30,333

15	Deferred income	Deferred income						(Continued)
	Deferred	income is	included		in the financial statements	as follows:
							2023	2022
								E
	Deferred	income is	included		within:
	Current	liabilities					12,217	30,333
	Movements in the year:
	Deferred	income at	1 April 2022				30,333
	Released from previous			periods			(30,333)
	Resources deferred		in the year				12,217	30,333
	Deferred	income at	31	March	2023		12,217	30,333

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			Movement
			in funds
		Balance at	Incoming	Balance at	Resources	Transfers	Balance at
		1April 2021	resources	1 April 2022	expended		31 March 2023
			F	E			E
Contingency	Fund	75,000		75,000			75,000
Business Development
Fund		35,000		35,000	(17,108)	17,108	35,000
Future Sustainability
Reserve		60,000		60,000			60,000
Employment	Fund					10,000	10,000
		170,000		170,000	(17,108)	27,108	180,000

Analysis	of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
					E			E
Fund balances at 31
March 2023		are
represented		by:
Tangibie	assets		5,167		5,167
Current	assets/(liabilities)		252,729	326,133	578,862	217,996	334,792	552,788
			257,896	326,133	584,029	217,996	334,792	552,788

21	Cash generated from	operatio	ns				2023	2022
	Surplus for the year						31,241	137,985
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities	(2,338)	(46)
	Depreciation and impairment oftangible			fixed assets			833	1,050
	Movements in working	capital:
	(Increase) in debtors						(99,793)	(36,224)
	(Decrease)/increase in	creditors					(13,391)	41,708
	(Decrease)/increase in	deferred	income				(18,116)	30,333
	Cash (absorbed by)/generated		from operations				(101,564)	174,806
22	Analysis ofchanges	in net funds
	The charity had no debt during		the year.