##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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)|