| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f | E | E | E | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 456,591 | 734 | 457,325 | 489,485 | |
| Charitable activities |
|||||
| Nursery | 336,961 | 336,961 | 382,094 | ||
| Shed (Youth Centre} | 1,937 | ||||
| Cafe | 8,454 | 8,454 | 6,332 | ||
| Let's BeFriends | 4,339 | 4,339 | 2,628 | ||
| Other trading activities | 5,074 | 5,074 | 10,774 | ||
| investment income |
273 | 273 | 61 | ||
| Other income | 2,000 | '2,000 | 2,360 | ||
| Total | 813,692 | 734 | 814,426 | 895,671 | |
| EXPENDITURE ON | |||||
| Raising funds | 4,137 | 4,137 | 7,273 | ||
| Charitable activities |
|||||
| Church &community | 187,781 | 187,781 | 189,141 | ||
| Nursery | 718,781 | 718,781 | 698,986 | ||
| Other activities | 15,830 | 722 | 16,552 | 12,609 | |
| Support | 9,043 | 9,043 | 4,283 | ||
| Total | 935,572 | 722 | 936,294 | 912,292 | |
| NET INCOME/(EXPENDITURE) | (121,880} | 12 | (121,868) | (16,621) | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 1,378,693 | 2,196 | 1,380,889 | 1,397,510 | |
| TOTAL FUNDS CARRIED FORWARD | 1,256,813 | 2,208 | 1,259,021 | 1,380,889 |
| 31,3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Notes | E | E | |||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
(11,135) | 65,636 | |||
| interest paid | (9,646) | (7,926} | |||
| Net cash (used in)/provided | by operating | activities | (20,781) | 57,710 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets Sale oftangible fixed assets |
(76,195) 2,000 |
(44,891) 2,360 |
|||
| Interest received | 273 | 61 | |||
| Net cash used in investing | activities | (73,922) | (42,470) | ||
| Cash flows from financing | activities | ||||
| New loans in year | 50,000 | ||||
| Loan repayments in year |
(7,099} | (7,464) | |||
| Net cash provided by/(used |
in) financing | activities | 42,901 | (7,464) | |
| Change in cash and cash equivalents | In the | ||||
| reporting period |
(51,802) | 7,776 | |||
| Cash and cash equivalents | at the beginning | ||||
| ofthe reporting period |
94,651 | 86,875 | |||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
42,849 | 94,651 |
| RECONOUATION OF NET EXPENDITURE TO NET |
RECONOUATION OF NET EXPENDITURE TO NET |
RECONOUATION OF NET EXPENDITURE TO NET |
RECONOUATION OF NET EXPENDITURE TO NET |
CASH FLOW FROM OPERATING | ACTIVITIES | |
|---|---|---|---|---|---|---|
| 31.3.23 | 313.22 | |||||
| E | ||||||
| Net expenditure for |
the reporting | period (asper the Statement of | ||||
| FInandal Activities) Adjustments for: |
(121,868} | (16,621) | ||||
| Depreciation charges |
71,701 | 83,993 | ||||
| Profit on disposal offixed assets | (2,000) | (2,360) | ||||
| Interest received | (273) | (61) | ||||
| Interest paid | 9,646 | 7,926 | ||||
| Decrease/(increase) | in debtors | 32,782 | (13,530) | |||
| (Decrease)/increase | in creditors | (1,123) | 6,289 | |||
| Net cash (used in)/provided | by operations | (11,135) | 65,636 | |||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | ||||||
| 31.3.23 | 31.3.22 | |||||
| E | E | |||||
| Cash in hand | 431 | 366 | ||||
| Notice deposits (less | than 3months} | 42,418 | 94,303 | |||
| Overdrafts included in bank loans |
and overdrafts | failing due within one year | (18) | |||
| Total cash and cash equivalents | 42,849 | 94,651 | ||||
| ANALYSIS OF CHANGES IN NET DEBT | ||||||
| At 1,4.22 | Cash flow | At 31.3.23 | ||||
| E | E | E | ||||
| Net cash | ||||||
| Cash at bank and in hand | 94,669 | {51,820} | 42,&49 | |||
| Bank overdraft | {18) | 18 | ||||
| 94,651 | (51,802) | 42,849 | ||||
| Debt | ||||||
| Debts failing due within 1year Debts falling due after 1year |
(7,885) (132,151) |
(3,042) (39,857) |
(10,927) (172,008) |
|||
| (140,036) | (42,899) | (182,935) | ||||
| Total | (45,385) | (94,701) | (140,086) |
| DONATIONS AND |
LEGACIES | |||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| E | E | |||||
| Donations | 8,709 | 9,904 | ||||
| Gift aid donations | 46,859 | 39,253 | ||||
| Grants and funding | 399,522 | 437,559 | ||||
| Government grants |
1,500 | 2,041 | ||||
| Missions | 735 | 728 | ||||
| 457,325 | 489,485 | |||||
| GRANTS AND FUNDING | ||||||
| 2023 | 2022 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Fund | Fund | E | E | |||
| Incoming resources from generated | ||||||
| funds: | ||||||
| WMDC education | funding 3year olds | A | 227,616 | 227,616 | 261,262 | |
| WMDC education | funding 2year olds | 8 | 127,848 | 127,848 | 144,822 | |
| One-to-One | C | 44,058 | 44,058 | 29,101 | ||
| WDH garden grant | D | 2,374 | ||||
| 399,522 | 399,522 | 437,559 |
| OTHER TRA | DING ACTIVITIES | ||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| E | E | ||
| Fundraising | events | 3,715 | 9,784 |
| Rents received | 1,359 | 990 | |
| 5,074 | 10,774 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| E | E | |||||
| Deposit account | interest | 273 | 61 | |||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 31.3.23 | 31.3.22 | |||||
| Activity | E | |||||
| Nursery income |
Nursery | 336,961 | 382,094 | |||
| Shed (Youth Centre) income | Shed (Youth Centre) | 1,937 | ||||
| Cafe income | Cafe | 8,454 | 6,332 | |||
| Lets be Friends | Let's BeFriends | 4,339 | 2,628 | |||
| 349,754 | 392,991 | |||||
| 6. | RAISING FUNDS | |||||
| Raising donations | and legacies | |||||
| 313.23 | 31.3.22 | |||||
| E | E | |||||
| Fund raising expenses | 4,137 | 7,273 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 8) | Totals | ||||
| E | E | E | ||||
| Church &community | 187,781 | 187,781 | ||||
| Nursery | 718,781 | 718,781 | ||||
| Other activities | 16,552 | 16,552 | ||||
| Support | 9,043 | 9,043 | ||||
| 923,114 | 9,043 | 932,157 |
| Church & | Other | |||||
|---|---|---|---|---|---|---|
| Community f |
Nursery f |
activities f |
2023 f |
2022 f |
||
| Wages tnc social security | 45,664 | 581,222 | 626,886 | 604,699 | ||
| Trustees remuneration | 29,734 | 12,379 | 42,113 | 40,587 | ||
| Rates and water | 239 | 2.723 | 1,923 | 4,885 | 4,566 | |
| Insurance | 5,515 | 5,515 | 4,905 | |||
| Ught and heat | 6,822 | 19,793 | 2,274 | 28,879 | 23,980 | |
| Telephone | 982 | 4,242 | 1,122 | 6,346 | 6,584 | |
| Postage and stationery | 1,325 | 6,022 | 7,347 | 8,122 | ||
| Advertising | 1,715 | 11 | 1,726 | 1,016 | ||
| Consumables and equipment |
7,557 | 15,751 | 24 | 23,332 | 23,407 | |
| Ministry | 199 | 199 | 140 | |||
| Donations | 778 | 235 | 1,013 | 1,660 | ||
| Food and refreshments | 20,896 | 5,919 | 26,815 | 22,227 | ||
| HSA | 377 | 377 | 357 | |||
| Licences | 940 | 119 | 1,059 | 876 | ||
| Subscriptlons | 6,001 | 3,631 | 50 | 9,682 | 9,145 | |
| Training costs | 416 | 1,616 | 2,032 | 3,094 | ||
| Kitchen - non food | 957 | 957 | 294 | |||
| Computer costs | 4,117 | 111 | 4,228 | 15,375 | ||
| Repairs and renewals | 4,238 | 23,317 | 2,781 | 30,336 | 27,241 | |
| Cleaning and laundry | 634 | 8,998 | 4 | 9,636 | 9,396 | |
| Mission costs | 676 | 676 | 908 | |||
| Bad debts | 7,728 | 7,728 | 238 | |||
| Depreciation | 66,451 | 3,524 | 1,7&7 | 71,762 | 83,993 | |
| Loan and mortgage | interest | 9,646 | 9,646 | 7,926 | ||
| Support Costs (see note 8) | ||||||
| Independent examiners fee |
650 | 650 | ||||
| Independent examiners fee- |
||||||
| other work | 1,792 | 2,890 | ||||
| Finance charges | 966 | 80 | ||||
| Professional fees | 5,635 | 663 | ||||
| 187,782 | 718,780 | 16,552 | 932,157 | 905,019 | ||
| 2022 | 189,142 | 698,985 | 12,609 |
| 31.3,23 | 31,3.22 | |||
|---|---|---|---|---|
| E | E | |||
| Independent | examiners fee | 650 | 650 | |
| Independent | examiners fee - other work | 1,792 | 2,890 | |
| Depreciation | -owned assets | 71,703 | 83,993 | |
| Surplus on disposal ofAxed assets | (2,000) | (2,360) | ||
| TRUSTEES' REMUNERATION | AND BENEFITS | |||
| 31.3.23 | 31.3.22 | |||
| E | E | |||
| Trustees' salaries | 42,113 | 40,587 |
| STAFFCOSTS | ||||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| E | ||||||
| Wages and salaries | 636,218 | 610,362 | ||||
| Social security | costs | 24,819 | 26,668 | |||
| Other pension | costs | 7,962 | &,256 | |||
| 668,999 | 645,286 | |||||
| The average monthly | number ofemployees | during the year was asfollows: | ||||
| 31.3.23 | 31.3,22 | |||||
| Charitable activities |
54 | 54 | ||||
| No employees | received emoluments | in excess ofE60,000. |
| TANGIBLE FIXEDASSETS | |||||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Plant and | and | Computer | ||
| property | equipment | fittings | equipment | Totals | |
| E | E | E | E | E | |
| COST | |||||
| At 1April 2022 | 1,768,067 | 53,208 | 124,016 | 228,573 | 2,173,864 |
| Additions | 52,241 | 6,146 | 17,808 | 76,195 | |
| Disposals | (6,119) | (6,119) | |||
| At31March 2023 | 1,820,308 | 53,208 | 130,162 | 240,262 | 2,243,940 |
| DEPRECIATION | |||||
| At 1April 2022 | 447,467 | 45,781 | 107,691 | 167,974 | 768,913 |
| Charge foryear | 35,454 | 1,857 | 4,525 | 29,867 | 71,703 |
| Eliminated on disposal |
(6,119) | (6,119) | |||
| At31March 2023 | 482,921 | 47,638 | 112,216 | 191,722 | 834,497 |
| NET BOOK VALUE | |||||
| At31March 2023 | 1,337,387 | 5,570 | 17,946 | 48,540 | 1,409,443 |
| At 31March 2022 | 1,320,600 | 7,427 | 16,325 | 60,599 | 1,404,951 |
| 13. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.3.23 | 31,3.22 | |||
| E | ||||
| Nursery debtors | 25,484 | 45,505 | ||
| Other debtors | 2,813 | 15,574 | ||
| 28,297 | 61,079 |
| 14. | CREDITORS: AMOUNT | S | F | ALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|
| 313.23 | 313.22 | |||||
| E | E | |||||
| Bank loans and overdrafts | (see note 16) | 5,769 | 7,903 | |||
| Other loans (see note | 16) | 5,158 | ||||
| Nursery creditors | 13,257 | 17,445 | ||||
| Social security and other | taxes | 3,318 | 4,286 | |||
| Other creditors | 3,&54 | 3,842 | ||||
| Accruals and deferred | income | 18,204 | 14,183 | |||
| 49,560 | 47,659 | |||||
| 15. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | ||||
| 31.3.23 | 31.3.22 | |||||
| f | f | |||||
| Bank loans (see note 16) | 128,494 | 132,151 | ||||
| Other loans (see note | 16) | 43,514 | ||||
| 172,008 | 132,151 | |||||
| 16. | LOANS | |||||
| An analysis ofthe maturity | ofloans is given below: | |||||
| 31,3.23 | 31.3,22 | |||||
| E | f | |||||
| Amounts falling due within |
one year on demand: | |||||
| Bank overdrafts | 18 | |||||
| Mort&ages | 5,769 | 7,885 | ||||
| Otherbankloans | 5,158 | |||||
| 10,927 | 7,903 | |||||
| Amounts falling between |
one and two years: | |||||
| Mort&ages - 1-2years | 6,124 | 8,330 | ||||
| Other bank loans - 1-2years | 5,701 | |||||
| 11,825 | &,330 | |||||
| Amounts falling due between two and five years: |
||||||
| Mort&ages - 2-5years | 20,734 | 27,917 | ||||
| Other bank loans - 2-5years | 21,371 | |||||
| 42,105 | 27,917 | |||||
| Amounts falling due in |
more than five years: | |||||
| Repayable by Instalments: |
||||||
| Mortgage instalments | in | more than 5years | 101,636 | 95,904 | ||
| Bank loan instalments | 16,442 | |||||
| 118,078 | 95,904 |
| 31.3,23 | 313.22 |
|---|---|
| f | f |
| 134,263 | 140,036 |
| MOVEMENT | IN | FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.22 | in funds | funds | 31.3.23 | |||||
| f | f | f | f | |||||
| Unrestricted | funds | |||||||
| General fund | 199,238 | (78,661) | (64,738) | 55,839 | ||||
| Designated | fund | - freehold properties | 1,178,368 | (43,123) | 65,729 | 1,200,974 | ||
| Designated | fund | - The Shed (Youth | Centre) | 1,087 | (96) | (991) | ||
| 1,378,693 | (121,880) | 1,256,813 | ||||||
| Restricted funds | ||||||||
| Missions | 58 | 58 | ||||||
| Community | Garden | 2,196 | (46) | 2,150 | ||||
| 2,196 | 12 | 2,208 | ||||||
| TOTAL FUNDS | 1,380,889 | (121,868) | 1,259,021 | |||||
| Net movement | in funds, included | in the above are asfollows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources f |
expended f |
in funds f |
||||||
| Unrestricted | funds | |||||||
| General fund | 813,692 | (892,353) | (78,661) | |||||
| Designated | fund | - freehold properties | (43,123) | (43,123) | ||||
| Designated | fund | - The Shed (Youth | Centre} | (96) | (96) | |||
| 813,692 | (935,572} | (121,880) | ||||||
| Restricted funds | ||||||||
| Missions | 734 | (676) | 58 | |||||
| Community | Garden | (46) | (46) | |||||
| 734 | (722) | 12 | ||||||
| TOTAL FUNDS | 814,426 | (936,294) | (121,868) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.21 | in funds | funds | 31.3,22 | ||
| E | E | E | E | ||
| Unrestricted | funds | ||||
| General fund | 189,072 | 40,802 | (30,636) | 199,238 | |
| Designated | fund - freehold properties | 1,206,745 | (58,425) | 30,048 | 1,178,368 |
| Designated | fund - The Shed (Youth Centre) | 1,693 | (688) | 82 | 1,087 |
| 1,397,510 | (18,311) | (506) | 1,378,693 | ||
| Restricted funds | |||||
| Missions | {230) | 230 | |||
| Community | Garden | 1,920 | 276 | 2,196 | |
| 1,690 | 506 | 2,196 | |||
| TOTAL FUNDS | 1,397,510 | {16,621) | 1,380,889 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| E | E | E | |||
| Unrestricted | funds | ||||
| General fund | 890,682 | (849,880) | 40,802 | ||
| Designated | fund - freehold | properties | (58,425) | (58,425) | |
| Designated | fund - The Shed | (Youth Centre) | 1,937 | (2,625) | (688) |
| 892,619 | (910,930) | (18,311} | |||
| Restricted funds | |||||
| Missions | 678 | (908) | (230) | ||
| Community | Garden | 2,374 | (454) | 1,920 | |
| 3,052 | (1,362) | 1,690 | |||
| TOTAL FUNDS | 895,671 | (912,292) | (16,621) |
| 31.3,23 | 31.3.22 | ||
|---|---|---|---|
| E | E | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 8,709 | 9,904 | |
| Gift aid donations | 46,859 | 39,253 | |
| Grants and funding | 399,522 | 437,559 | |
| Government grants |
1,500 | 2,041 | |
| Missions | 735 | 728 | |
| 457,325 | 489,485 | ||
| Other trading activities | |||
| Fundraislng events |
3,715 | 9,784 | |
| Rents received | 1,359 | 990 | |
| 5,074 | 10,774 | ||
| Investment income |
|||
| Deposit account interest | 273 | 61 | |
| Charitable activities |
|||
| Nursery income | 336,961 | 382,094 | |
| Shed (Youth Centre) income | 1,937 | ||
| Lets be Friends | 4,339 | 2,628 | |
| Cafe income | 8,454 | 6,332 | |
| 349,754 | 392,991 | ||
| Other Income | |||
| Gain on sale oftangible fixed assets | 2,000 | 2,360 | |
| Total incoming resources | 814,426 | 895,671 | |
| EXPENDITURE | |||
| Raising donations | and legacies | ||
| Fund raising expenses | 4,137 | 7.273 | |
| Charitable activities |
|||
| Trustees' salaries | 42,113 | 40,587 | |
| Wages | 594,105 | 569,775 | |
| Social security | 24,819 | 26,668 | |
| Pensions | 7,962 | 8,256 | |
| Rates and water | 4,885 | 4,566 | |
| Carried forward | 673,884 | 649,852 |
| 31.3.23 f |
31.3.22f | ||
|---|---|---|---|
| Charitable activities |
|||
| Brought forward | 673,884 | 649,852 | |
| Insurance | 5,515 | 4,905 | |
| Light and heat | 28,879 | 23,980 | |
| Telephone | 6,346 | 6,584 | |
| Postage and stationery | 7,347 | 8,122 | |
| Advertising | 1,726 | 1,016 | |
| Consumables and equipment |
23.332 | 23,407 | |
| Ministry | 199 | 140 | |
| Donations | 1,013 | 1,660 | |
| Food and refreshments | 26,815 | 22,227 | |
| HSA | 377 | 357 | |
| Ucences | 1,059 | 876 | |
| Subscriptlons | 9,682 | 9,145 | |
| Training costs | 2,032 | 3,094 | |
| Kitchen - non food | 957 | 294 | |
| Computer costs | 4,228 | 15,375 | |
| Repairs and renewals | 30,336 | 27,241 | |
| Cleaning, laundry and refuse |
9,636 | 9,396 | |
| Mission costs | 676 | 908 | |
| Bad debt write off | 7,728 | 238 | |
| Depreciation oftangible fixed assets |
71,701 | 83,993 | |
| Loan and mortgage | interest | 9,646 | 7,926 |
| 923,114 | 900,736 | ||
| Support costs | |||
| Governance costs | |||
| Independent examiners fee |
650 | 650 | |
| independent examiners fee - other work |
1,792 | 2,890 | |
| Accountancy and |
legal fees | 5,635 | 663 |
| Credit charges | 966 | 80 | |
| 9,043 | 4,283 | ||
| Total resources expended | 936,294 | 912,292 | |
| Net expenditure | (121,868) | (16,621) |