2022-03-31-accounts - Advance Nottingham

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		FOR THE YEAR E	NDED 3	1STMARCH 202	2
						Total	Total
			Note	Unrestrictedf	Restricted f.	2022 f	2021 f
INCOME AND ENDOWMENTS		FROM
Income from charitable activities:
Grants receivable			3a		545 196	545 196	438710
Income from trading activities:
Rent and room hire				415,862		415,862	330,489
Other property income				81,972		81,972	51,734
Service charges				32,051		32,051	31,278
Other grants receivable					11857	11857	6 140
				529 885	11857	541 742	419641
Other income —Government	Covid support						47602
TOTAL INCOME				529885	557053	1 086938	905953
EXPENDITURE ON
Raising funds			5a	15,293		15,293	1,373
Charitable activities			5c	574 852	523643	1 098495	1 042954
TOTAL EXPENDITURE				590 145	523643	1 113788	1 044 327
NET INCOMEI EXPENDITURE		BEFORETRANSFERS		(60,260)	33,410	(26,850)	(138,374)
Transfers between funds				33713	33713
NET MOVEMENT IN FUNDS				(26,547)	(303)	(26,850)	(138,374)
Fund balances brought forward				1 538584	26852	1 565436	1 703810


PRIOR YEAR ONLY:						Total
			Note	Unrestricted	Restricted	2021
					6
INCOME AND ENDOWMENTS		FROM
Income from charitable activities:
Grants receivable			3b		438,710	438,710
Income from trading activities:
Rent and room hire				330,489		330,489
Other property income				51,734		51,734
Service charges				31,278		31,278
Other grants receivable				6 140		6 140
				419641		419641
Other income —Government	Covid Support			47602		47602
TOTAL INCOME				467 243	438710	905953
EXPENDITURE ON
Raising funds			5b	1,373		1,373
Charitable activities			5d	610366	432 588	1 042954
TOTAL EXPENDITURE				611739	432 588	1 044 327
NET INCOME/ EXPENDITURE		BEFORETRANSFERS		(144,496)	6,122	(138,374)
Transfers between funds				60 156	60 156
NET MOVEMENT IN FUNDS				(84,340)	(54,034)	(138,374)
Fund balances brought forward				1 622 924	80886	1 703810

		Note		2022			2021
FIXEDASSETS
Tangible fixed assets		Sa			51,242		59,768
Investments		9		1	548052		1 532502
				1,599,294			1,592,270
CURRENT ASSETS
Debtors		10	83,681			66,340
Cash at bank and in hand			88539			136195
			172,220			202,535
LIABILITIES: Amounts	falling due within one year	11	~121 966			107256
NET CURRENT ASSETSI LIABILITIES					50254		95279
TOTAL ASSETSLESS	CURRENT LIABILITIES			1,649,548			1,687,549
LIABILITIES: Amounts	falling due after more than	12		~tt0 962			~122 113
one year
NET ASSETS				1	538586		1 565436
FUNDS
Unrestricted
General funds		14		1,512,037			1,538,584
Restricted		13			26549		26852
Total funds

		Note		2022			2021
FIXEDASSETS
Tangible fixed assets					27,700		37,983
Investments				1	548 152		1 532602
				1,575,852			1,570,585
CURRENT ASSETS
Debtors		10	70,905			62,486
Cash at bank and in hand			~161 7			64 569
			87,062			127,055
LIABILITIES: Amounts	falling due within one year	11	~19766			16492
NET CURRENT ASSETSI LIABILITIES					67296		110563
TOTAL ASSETS LESS	CURRENT LIABILITIES			1,643,148			1,681,148
LIABILITIES: Amounts	falling due after more than
one year		12			110962		122 113
NET ASSETS
FUNDS
Unrestricted
General funds		14		1,505,637			1,532,183
Restricted		13			26549		26852
Total funds

C	ONSOLID	ATED	CA	SH	FLOW	STATEM	ENT FOR THE YEA	R ENDED 31STMARCH 2	022
							Note	2022	2021
									8
Cashflows	from operating		activities
Cash generated from/(absorbed Interest paid					by) operations		20	(10,618) ~4817	(345,309) ~6335
Net cash	(outflow)l	inflow	from		operating			15435	~351644
activities
Investing	activities
Purchase	oftangible	fixed assets						(21,071)	(15,733)
Sale proceeds									375000
Net cash	received/(used) in			investing				21 071	359267
activities
Financing	activities
Repaymentofbank		loans						11 150	5247
Net cash	receivedl	(used)	in	financing				11150	5247
activities
Net decrease in cash and			cash		equivalents			(47,656)	2,376
Cash and	cash equivalents		at	beginning		ofthe		136195	133819
year
Cash and	cash equivalents			at	end of	year

		Unrestricted	Restricted	Total	Total
		funds	funds	2022	2021
		6		8
Nottingham	City Council: Area 2 Grant		175,283	175,283	168,016
Nottingham	City Council: Area 4 Grant		144,345	144,345	137,570
Nottingham City Council: Area 5 Grant Nottingham City Council: 51 Holiday Activity Fund Breaking Barriers Building Bridges			126,842 98,726	126,842 98,726	120,656 12468

GRANTS	RECEIVABLE Prior ear
		Unrestricted	Restricted	Total
		funds	funds	2021
				K
Nottingham	City Council: Area 2 Grant		168,016	168,016
Nottingham	City Council: Area 4 Grant		137,570	137,570
Nottingham	City Council: Area 5 Grant		120,656	120,656
Breaking Barriers Building Bridges			12468	12468


OTHER INCOME —COVID SUPPORT	Total	Total
(unrestricted)	2022	2021
	6
Furlough income		37,602
Business Support grant		10000


5a.	RAISING FUNDS					Unrestricted		Restricted	Total
						funds		funds	2022
									6
	Advertising and	promotion				15	293		15293
5b.	RAISING FUNDS		Prior		ear		Unrestricted		Restricted
								funds	funds
								6	f
	Advertising and	promotion						1 373
5c.	CHARITABLE ACTIVITIES					Unrestricted		Restricted	Total	Total
						funds		funds	2022	2021
						6		6		6
	Staffcosts					201,571		71,609	273,180	280,286
	Repairs and maintenance					71,951			71,951	39,989
	Premises security					3,998			3,998	1,941
	Computer costs					3,506			3,506
	Heat, light, water	and telephone				54,267			54,267	49,205
	Insurance					10,849			10,849	12,147
	Motor and travel					349			349	511
	Printing, postage	and stationery				9,919			9,919	3,454
	Training					525			525
	Service charges					30,432			30,432	30,639
	Legal and professional			fees		13,149			13,149	10,060
	Accountancy fees					4,076			4,076	3,865
	Equipment leasing					6,730			6,730	4,978
	Rent and rates					80,412			80,412	77,953
	Sundry expenses					1,338			1,338	831
	Bad debts					(2,199)			(2,199)	10,623
	Bank charges					1,152			1,152	1,039
	Grant payments	(Note 5i)						452,034	452,034	405,763
	Loan interest					4,817			4,817	6,335
	Governance (Note 5e)					52,373			52,373	51,807
	Depreciation					14,047			14,047	24,829
	Unrecoverable VAT					11,590			11,590	5,922
	Loss on sale ofproperty									20 777

Sd.	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	Unrestricted	Restricted	Total
				funds	funds	2021
				K	8	6
	Staff costs			233,151	46,825	279,976
	Repairs and maintenance			39,989		39,989
	Premises security			1,941		1,941
	Heat, light, water	and telephone		49,205		49,205
	Insurance			12,147		12,147
	Motor and travel			511		511
	Printing, postage	and stationery		3,764		3,764
	Service charges			30,639		30,639
	Legal and professional		fees	10,060		10,060
	Accountancy fees			3,865		3,865
	Equipment leasing			4,978		4,978
	Rent and rates			77,953		77,953
	Sundry expenses			831		831
	Bad debts			10,623		10,623
	Bank charges			1,039		1,039
	Grant payments	(Note	5i)	20,000	385,763	405,763
	Loan interest			6,335		6,335
	Governance (Note Sf)			51,807		51,807
	Depreciation			24,829		24,829
	Unrecoverable VAT			5,922		5,922
	Loss on sale ofproperty			20 777		20777
Se.	GOVERNANCE	COSTS		Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
	Staff costs			46,373		46,373	46,107
	Audit fees			6000		6000	5700

			40	e0	lro
			VI vre	e
			ro		eo o.		0ts		2022	2021
Costs directly	allocated to
activities
Staff costs				Direct	93,482	179,699		46,373	319,554	326,083
Advertising				Direct	14,523	770			15,293	1,373
Premises costs				Direct	17,982	237,434			255,416	211,873
Travel				Direct	78	271			349	511
Hire ofequipment				Direct		6,730			6,730	4,978
Printing, stationery		etc		Direct	623	9,296			9,919	3,764
Depreciation				Direct	6,389	7,658			14,047	24,829
Legal and professional				Direct	3,805	13,420		6,000	23,225	19,625
Bank charges				Direct	15	1,137			1,152	1,039
Bad and doubtful		debts		Direct		(2,199)			(2,199)	10,623
Grant payments				Direct	452,034				452,034	405,763
Unrecoverable	VAT			Direct	11,587				11,587	5,922
Loss on sale of	property			Direct						20,777
Other costs				Direct	4880	1 801			6681	7 167

OTAL RESOU	RCES EXPEND	ED Prior	ea	r
		c o o e Yl"o era- n	'ocae ua0 IL	I		uc 0ts		2021
Costs directly	allocated to
activities
Staff costs		Direct		96,757	183,219		46,107	326,083
Advertising		Direct		1,373				1,373
Premises costs		Direct		3,904	207,969			211,873
Travel		Direct		46	465			511
Hire ofequipment		Direct			4,978			4,978
Printing, stationery etc		Direct		532	3,232			3,764
Depreciation		Direct		7,252	17,577			24,829
Legal and professional		Direct		3,768	10,157		5,700	19,625
Bank charges		Direct		19	1,020			1,039
Bad and doubfful debts		Direct			10,623			10,623
Grant payments		Direct	405,763					405,763
Unrecoverable	VAT	Direct			5,922			5,922
Loss on sale ofproperty		Direct		20,777				20,777
Other costs		Direct		6761	406			7 167

Grants were awarded t	o the follow	ing organisa	tions during the year	:
			2022	2021
			6	6
Unrestricted Grants:
Redford Care Group				20,000
Total Unrestricted Grants				20,000
Restricted Grants:
Take 1 Studios			7,500	13,500
Signpost to Polish Success			8,000	4,000
A-Star Sports Development			7,720	4,005
Notts Club for Young People			18,970	2,040
The Lenton Centre			5,160	7,375
Primary (NoNngham Studios)			3,000
Switch Up CIC			12,200	19,100
Uppori Nottingham Health &Education S			17,500	12,500
The Pythian Club			29,825	39,107
Hyson Green Youth Club			22,800	14,500
Building Bridges Breaking Bamers			23,708	15,828
East African Education	Centre		2,250	3,750
Nottingham Bikeworks			10,525	5,750
Fearless Youth Association			9,025	1,820
Freedom Foundation			14,600
Helping Kids Achieve			3,000
Basford Rd Baptist Church			750
The Toy Library			34,191	27,000
Daniyaal's Martial Arts	Academy			800
Inspire-Succeed CIC			8,300
Skills Exchange			400
OnPoint Distribution			1,540
Think Children				5,350
Positively Empowered	Kids		5,610
Empleo			14,325	23,875
Notts County Football	in the Com	munity	3,000	2,778
gw Nottingham Girls Brigade				250
SALTAR			1,000
Community Based Fitness			5,000	10,000
Sherwood Playgroup			6,660	9,000
Senior Support Group			4,000
Restricted grants carried forward			280,559	222,328

i. GRANT PAYMENTS	continued
		2022f	2021 6
Restricted grants brought	forward	280,559	222,328
Belong		18,250	28,210
Hoop Dreams Basketball	Club	8,340
When Women Gather		6,000
AJ Sports		30,100	20,500
Wild Things		10,150
Wollaton Park Community	Association	1,500	375
Windmill Community Gardens		7,000
The Vine Community Centre			4,420
Women in Tandem		8,040
The Bridges Community Trust		34,425	45,071
Disabiliiy Support Nottingham			2,500
The Bestwood Partnership		21,100	27,824
Djanogly Learning Trust		4,000
Welcome to Education project		1,780	2,529
Djanogly LeNngs		400
Redford Care Group			2,602
Redford Methodist Church			3,200
YogaEd			587
Nottinghamshire Police &Crime Commissioner			1,232
Vanclaron CIC		4,100	7,160
Himmah		1,600	11,200
Jawaid Khaliq Boxing Academy		1,520
Leadership, Empowerment	& Diversity (LED)	1,800
Mother's Voices		770
AKA Health Wealth &Oneness		9,600
StAidan's Church		1,000
Mesopotamia			6,025
Total Restricted Grants		452,034	385,763

TAFF COSTS AND TRUSTEES REMUNERATION
	Total	Total
	2022	2021
	E	8
Wages and salaries	288,674	295,592
Social security costs	20,299	20,478
pension costs	9676	10013
		32tb083

Average num	ber ofemployees, calc	ulated	on a full-	time equivalent basis, an	alysed by function was:
Governance					Number	Number
					2022	2021
Charitable	activities				12	11
					1	1
					-13	12
None ofthe	Trustees received remuneration		during	the year.
No Trustee expenses were incurred		in the	year.

			Fixtures,
			fittings,
		Computer	vehicles &
		equipment	equipment	Total
		6	6	6
COST
Brought forward at 1 April 2021		53,123	213,885	267,008
Transfer to investment	property		(4,980)	(4,980)
Additions		2,216	8,285	10,501
Disposals
At 31 March 2022		55339	217190	272 529
DEPRECIATION
Brought forward at 1 April 2021		52,003	155,237	207,240
Transfer to investment	property		(1,494)	(1,494)
Charge for the year		1,395	14,146	15,541
Eliminated on disposals
At 31 March 2022		53398	167889	221 287
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
ANGIBLE FIXEDASSETS Chari
			Fixtures,
			fittings,
		Computer	vehicles &
		equipment	equipment	Total
		6	6
COST
Brought forward at 1 April 2021		17,938	104,211	122,149
Transfer to investment	property		(4,980)	(4,980)
Additions		1,086		1,086
Oisposals
At 31 March 2022		19024	99231	118255
DEPRECIATION
Brought forward at 1 April 2021		17,660	66,506	84,166
Transfer to investment	property		(1,494)	(1,494)
Charge for the year		489	7,394	7,883
Eliminated on disposals
At 31 March 2022		18149	72 406	90555
NET BOOK VALUE
At 31 March 2022
At 31 March 2021

		FOR THE YEAR	ENDED 31STMARCH 2	022
INVESTMENTS			Group	Group	Charity	Charity
			2022 6	2021	2022f	2021f
FIXEDASSETS
Investment Properties:
Cost/valuation	b/f		1,532,502	1,532,502	1,532,502	1,532,502
Additions			15,550		15,550
Disposals
Revaluations
Transfer to current assets
Cost/valuation	c/f		1,548,052	1,532,502	1,548,052	1,532,502
Shares in Subsidiary		Undertaking:			100	100

DEBTORS		Group	Group	Charity	Charity
		2022	2021	2022	2021
		8	8	8	8
Trade debtors		32,235	26,154
Amounts owed from subsidiary	undertakings			24,171	9,759
Other debtors		51446	40 186	46734	52 727
				zom

		FOR THE YEAR ENDED 3	1STMARCH 202	2
			Group	Group	Charity	Charity
			2022 E	2021	2022	2021f
11.	LIABILITIES: Amounts	falling due with one year
	Trade creditors		33,450	31,272	2,266	292
	Taxation and social security		773	2,072	773
	Accruals and deferred income		55,938	29,809	5,650	5,585
	Bank loans and overdrafts		11,077	10,615	11,077	10,615
	Other creditors		20 728	33488

Group	Group	Charity	Charity
2022f	2021	2022	2021 6

LIABILITIES: Amounts	falling due after one year
Bank loans and overdrafls
Amounts included above	which fall due after five
years are as follows:
Payable by instalments

ANALYSIS OF NETASSETS BETWEEN FUNDS
			General	Restricted
			funds	funds	Total
				6	6
GROUP
Tangible fixed assets and investments			1,599,294		1,599,294
Net current assets/(liabilities)			23,706	26,549	50,255
Long term liabilities			~11 963		~110963
CHARITY
Tangible fixed assets and investments			1,575,852		1,575,852
Net current assets/(liabilities)			40,748	26,549	67,297
Long term liabilities			~110963		~110963
ANALYSIS OF NET ASSETS BETWEEN FUNDS	rior	ear
			General	Restricted
			funds	funds	Total
			6	6	6
GROUP
Tangible fixed assets and investments			1,592,270		1,592,270
Net current assets/(liabilities)			68,427	26,852	95,279
Long term liabilities			~122113		~122113
CHARITY
Tangible fixed assets and investments			1,570,585		1,570,585
Net current assets/(liabilities)			83,711	26,852	110,563
Long term liabilifies			~122113		~122113

Castle Cavend	i	sh	2022	2021
			6	6
Income			529,886	425,861
Other income			11,857	43,227
Administrative		expenses	450029	411448
Trading profit			91714	57640
Other operating		costs	545	28201
Net operating	profit		86255	29439
Distribution to	charity (CCF)		86255	29439
Profit for period

				2022	2021
				E
Deficit for the year				(26,850)	(138,374)
Adjustments for:
Interest paid				4,817	6,335
Depreciation oftangible assets				15,541	24,829
Transfer to investment		properly		(1,494)
Movements in working capital:
Decrease/(increase)		in debtors		(17,342)	(7,167)
Increase/(decrease)	in creditors			14,710	(230,932)
Cash generated from/(absorbed			by) operations	10,618	345.309