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2022-08-31-accounts

REGISTERED COMPANY NUMBER: 05929370 (England and Wales) REGISTERED CHARITY NUMBER: 1119911

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

FOR ACTS TRUST

ACTS TRUST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 18

ACTS TRUST (REGISTERED NUMBER: 05929370)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

We have three teams: Energize, Restore and Night Light Cafes.

Energize works with young people aged 8-18 providing positive activities across the city to boost self-esteem and raise the aspirations of young people. We do this in partnership with local schools and community groups as well as delivering holiday schemes across the estates.

Restore works with people aged 18+ supporting them into a life free from poverty. We support people with tangible aid such as food through the Lincoln Foodbank project, but we also provide advice and guidance through our selection of Restore Programme courses, alongside coaching and befriending.

Night Light Cafes provide safe spaces during the late evenings for people to go to when struggling with their mental health. The cafes are run in partnership with local churches and are funded through the NHS Transformation Fund.

ACHIEVEMENT AND PERFORMANCE Charitable activities

It is with a huge sense of pride and gratitude that I write this report to celebrate the work of Acts Trust for the year 2021-2022. This year marks our sixteenth year of operation as a charity in Lincoln. I am delighted to document the key achievements of our passionate and dedicated team of over 150 volunteers and small staff team of 4 full time and 7 part time plus sessional workers. In the face of uncertainty and through the ongoing changes in conditions created by the Covid Pandemic the whole team have once again demonstrated inspirational commitment to our mission to empower people to end poverty in Lincoln.

Acts Trust is a Christian faith-inspired charity. The organisation was set up in 2006 by Alive Church Lincoln (formerly New Life Lincoln), to build on projects started by volunteers in the church. Acts is faith based but not faith biased and we are committed to serving the needs of all people in the City of Lincoln regardless of their religion, gender, ethnicity, sexual orientation or ability. Although Acts Trust is connected to Alive Church, the charitable aims of the Trust are not explicitly Christian and can be summarised as the relief of poverty, providing education and being a community connecting point.

We are ...

Empowering

We empower people to unlock the potential within themselves, enabling them to overcome challenges and to proactively make positive changes in their lives.

Bold

We fearlessly stand our ground while we dare to believe that change is possible.

Champions

We passionately speak up for those who don't feel they have a voice and we energetically champion people: cheering them on to win, demonstrating that empowered people can end poverty.

Intelligent

We are an intelligent and innovative team who understand those with whom we work, are creative in finding solutions to problems and constantly monitor our effectiveness.

Reputable

We are a locally rooted charity with an excellent reputation within our City for delivering high quality sustainable results.

All of our programmes and activities connect together - ensuring holistic support. So that, for example, someone needing emergency support with food can quickly access support that can help deal with the root causes of the problem, such as debt or employment advice, mental health support or befriending. We can support young people by also supporting the whole family.

Page 1

ACTS TRUST (REGISTERED NUMBER: 05929370)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

ACHIEVEMENT AND PERFORMANCE

Achievements and challenges

Coming through further waves of Covid19 and various restrictions, albeit less severe than the previous year, we continued to see an unprecedented amount of people reliant on our services and the ripple effects of the pandemic continuing to hit hardest on the most vulnerable in our city which has kept our teams very active and committed to our mission and the people they serve.

It has been inspirational to see the way the team regrouped after the lockdowns and were able to increasingly open our services to more in person maintenance of service provision in spite of the ongoing challenges that the organisation has faced during this year. Many similar organisations either ceased to function or diminished in their project portfolios whereas Acts have either maintained its provision or further developed and launched certain projects. This is a cause for celebration and should not be taken for granted.

Some of the achievements we are most proud of include;

Restore Programme supports adults to empower those aged 18+ to understand and overcome issues of poverty in their lives. This year our provision has been a mix of online and face to face. We are proud of the amount of people we have been able to support as we refocus ourselves for post pandemic recovery. The following gives a snapshot of the success we have had over the past year:

Energize works with young people aged 8-18 years old across the city of Lincoln, in schools and community centres during term time and across various estates and communities during the school holidays. This year we were able to engage with 1359 young people during our vibrant summer programme which included fun days for the whole family. Our work during term time builds connection and relationship for us to invite young people to holiday activities. This year on average per term we engaged with:

Night Light Service hosts 'cafes' in different churches across Lincoln every day of the week. The cafes are hosted by teams of trained volunteers who provide a warm welcome in a peaceful environment created to calm those who attend. This year, we were able to welcome on average per term approx 717 people to our Night Light Cafes. The service is an excellent example of a successful partnership between the voluntary and community sector and the NHS. Because of this service and the dedicated and compassionate support of the volunteers who serve, we are able to report that there were 47 reduced incidents in the use of clinical services from Night Light attenders.

Foodbank provides emergency food parcel to people in crisis. Acts Trust facilitates a partnership with multiple churches around the city to distribute parcels from 6 different centres. This year we received 3418 referrals which equates to 61,785 meals. 36% of our provision was to to under 18s. It's always brilliant to see people who have received help, give help back and we celebrate that 41 foodbank users became volunteers in this period.

Lincoln Community Grocery . For the past few years, we have been working towards a vision for a "Store of Stories"; an extension of emergency food provision in the form of a community grocery and space for triage, befriending, courses and volunteering. We soft launched this as the Lincoln Community Grocery in October 2021 at the Lincoln Central Methodist church and will be working towards the official launch in a newly refurbished building funded by the Towns Deal and given to us on a peppercorn rent from Lincoln City Council. Much of our work and focus in the year ahead will be given to this new development.

Staff and Volunteers. Our greatest asset continues to be our team of talented staff and volunteers who have an inspiring passion and drive to empower people to end poverty. We know we can't do this alone and joining with strategic partners who share our vision is an important element of our ethos. We are grateful to have a working alignment with many other organisations. Simon Hawking, our CEO continues to represent Acts on various city and county wide partnerships.

Page 2

ACTS TRUST (REGISTERED NUMBER: 05929370) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

ACHIEVEMENT AND PERFORMANCE

Achievements and Challengers (cont.)

It is inspiring to see the work that has taken place over the 16 years that Acts Trust has been in operation and I believe we are positively positioned for another good year which will see more people empowered to end poverty in their own lives and their city.

We want to particularly thank and acknowledge all our funders and donors during this year period, including those who have generously supported with personal one off and regular donations. Their support is essential to ensure our projects can continue to run effectively and empower local individuals in need.

Here is a list of our funders over £2,500. This is both public and non-public funding:

£
NHS Lincolnshire CCG 94,290
Trussell Trust 77,691
BBC Children in Need 27,945
Lincolnshire County Council 14,700
Lincolnshire Cooperative 13,735
City of Lincoln Council 10,000
Lincoln Lottery Community Fund 10,000
Sport England 7,424
BNA Charity 5,000
Bishop Grossteste University Employment and Skills ESF Programme 3,965
Platform Housing 3,546
Lincolnshire Partnership NHS Foundation Trust 3,157
Bishops Social Justice Fund 3,000
Our organisational donors over £1,000 during the same year period:
£
Frontier Agriculture 5,634
RAF Scampton 4,000
Lincolnshire Community Foundation 2,116
The Well Head Centre 1,787
Lincolnshire Cooperative 1,200
Sainsburys Carholme Road 1,137
St Clements Church 1,000

Our organisational donors over £1,000 during the same year period:

We finished the year with total funds of £341,396 and free reserves of £195,988. The balance of funds that exceeds our reserves is designated to future spend on our project work, including matched funds towards capital costs related to the Towns Deal project and towards the opening of the new Lincoln Community Grocery.

I would like to take this opportunity to express my gratitude, first of all to Simon Hawking for his diligence and leadership of the charity, as well as the wider leadership and management team who show incredible passion and commitment to the work of the Trust, and of course to the hundreds of volunteers who donate their time and skills to help work towards our shared aspirational goal of the elimination of poverty in Lincoln.

FINANCIAL REVIEW

Reserves policy

The Trustees have examined the Charity's requirement for reserves in light of the main risks to the organisation.

Acts Trust has a reserves policy on the basis that we rely on donations and funding for our operations. Should we be in a position where funding has stopped we would require free unrestricted funds to:

  1. Allow 3 months to secure alternative funding

  2. If unsuccessful to cover the costs of redundancy pay for employees

The incoming resources for the year amounted to £600,134 (2021 - £596,406) and the outgoing resources for the year amounted to £584,856 (2021 - £461,029) resulting in a surplus of £15,278 (2021 - £135,377).

The free reserves at the year end totalled £195,998 (2021 - £182,282).

Page 3

ACTS TRUST (REGISTERED NUMBER: 05929370)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

FUTURE PLANS

In the next reporting period we will be moving into our new premises, Beaumont Manor. We will be relocating our Lincoln Community Grocery here as well as launching a community cafe. This will also be an office base for our staff team. The capital works have been funded through the Towns Deal along with matched donations and funding.

We will also be launching a third venue for running the Restore Programme for the north estates of the City.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The organisation is a charitable company limited by guarantee, incorporated on 8 September, 2006 and charitable status for the company was granted with effect from 3 July, 2007. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, all available funds shall go to a charitable cause.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's articles are known as directors. The trustees seek to appoint persons who share the ethos of the charity to bring a balance of skills and strengths to the board.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05929370 (England and Wales)

Registered Charity number

1119911

Registered office

Alive Church Newland LINCOLN LN1 1XG

Trustees

N. J. Woodcock J. Blundell D. Collins J. Harrison A Russell (resigned 30.8.22) J. Boughton-Thomas L. Tanser (resigned 23.6.22)

Company Secretary

A. Lyons

Independent Examiner

C. M. Tams A.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL

Bankers

Virgin Money 124 High Street SCUNTHORPE DN15 6ES

Page 4

ACTS TRUST (REGISTERED NUMBER: 05929370)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

PUBLIC BENEFIT

We have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission when reviewing our aims and objectives and in planning future activities. In particular, the Directors/Trustees consider how planned activities will contribute to the aims and objectives they have set.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of ACTS Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 23 December 2022 and signed on its behalf by:

J. Blundell - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACTS TRUST (REGISTERED NUMBER: 05929370)

Independent examiner's report to the trustees of ACTS Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of A.C.A which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

C. M. Tams A.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL

23 December 2022

Page 6

ACTS TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
226,200
Charitable activities
Core
4
8,162
Other trading activities
3
799
Other income
-
Total
235,161
EXPENDITURE ON
Raising funds
5
36
Charitable activities
6
Core
223,679
Total
223,715
NET INCOME
11,446
Transfers between funds
17
486
Net movement in funds
11,932
RECONCILIATION OF FUNDS
Total funds brought forward
189,532
TOTAL FUNDS CARRIED FORWARD
201,464		 Restricted
funds
£
-
364,973
-
-
364,973
-
362,226
362,226
2,747
(486)
2,261
136,586
138,847		 31.8.22
Total
funds
£
226,200
373,135
799
-
600,134
36
585,905
585,941
14,193
-
14,193
326,118
340,311		 31.8.21
Total
funds
£
297,602
293,954
2,267
2,583
596,406
387
460,642
461,029
135,377
-
135,377
190,741
326,118

The notes form part of these financial statements

Page 7

ACTS TRUST (REGISTERED NUMBER: 05929370)

BALANCE SHEET

31 AUGUST 2022

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
13
6,551
CURRENT ASSETS
Debtors
14
44,967
Cash at bank and in hand
178,559
223,526
CREDITORS
Amounts falling due within one year
15
(28,613)
NET CURRENT ASSETS
194,913
TOTAL ASSETS LESS CURRENT LIABILITIES
201,464
NET ASSETS
201,464
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
5,911
132,936
138,847
-
138,847
138,847
138,847		 31.8.22
Total
funds
£
6,551
50,878
311,495
362,373
(28,613)
333,760
340,311
340,311
201,464
138,847
340,311		 31.8.21
Total
funds
£
7,250
59,375
282,200
341,575
(22,707)
318,868
326,118
326,118
189,532
136,586
326,118

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2022 and were signed on its behalf by:

J. Blundell - Trustee

The notes form part of these financial statements

Page 8

ACTS TRUST

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 31.8.22
£
30,668
30,668
(1,373)
-
(1,373)
29,295
282,200
311,495		 31.8.21
£
92,414
92,414
(6,707)
513
(6,194)
86,220
195,980
282,200

The notes form part of these financial statements

Page 9

ACTS TRUST

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2022

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Increase in creditors
Net cash provided by operations		 31.8.22
£
14,193
2,072
8,497
5,906
30,668		 31.8.21
£
135,377
820
(47,215)
3,432
92,414
  1. ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.21 Cash flow At 31.8.22
£ £ £
Net cash
Cash at bank and in hand 282,200 29,295 311,495
282,200 29,295 311,495
Total 282,200 29,295 311,495

The notes form part of these financial statements

Page 10

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixed assets are not capitalised if they cost less than £500.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated goods

Donated goods for distribution are recognised in the statement of financial activities when distributed at fair value as donations and charitable expenditure.

Page 11

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

2. DONATIONS AND LEGACIES

Gifts and donations
Donated goods
3.
OTHER TRADING ACTIVITIES
Fundraising
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Funding
Core
Fees
Core
5.
RAISING FUNDS
Raising donations and legacies
Fundraising costs
6.
CHARITABLE ACTIVITIES COSTS
Core
7.
SUPPORT COSTS
Core
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Independent examiners fee
Depreciation - owned assets		 Direct
Costs
£
580,710		 31.8.22
£
109,135
117,065
226,200
31.8.22
£
799
31.8.22
£
183,567
189,568
373,135

Independent examiners fee Depreciation - owned assets

Page 12

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 31.8.22
£
190,817
8,646
5,260
204,723		 31.8.21
£
143,475
5,474
4,176
153,125

The average monthly number of employees during the year was as follows:

31.8.22 31.8.21
Core Staff 12 9

No employees received emoluments in excess of £60,000.

Key management remuneration paid to key management during the year amounts to £39,109 (2021 - £34,886)

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
51,705
Charitable activities
Core
42,180
Other trading activities
2,267
Other income
2,583
Total
98,735
EXPENDITURE ON
Raising funds
387
Charitable activities
Core
62,577
Total
62,964
NET INCOME
35,771
Transfers between funds
6,707
Net movement in funds
42,478
RECONCILIATION OF FUNDS
Total funds brought forward
147,054		 Restricted
funds
£
245,897
251,774
-
-
497,671
-
398,065
398,065
99,606
(6,707)
92,899
43,687		 Total
funds
£
297,602
293,954
2,267
2,583
596,406
387
460,642
461,029
135,377
-
135,377
190,741

Page 13

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
TOTAL FUNDS CARRIED FORWARD
189,532		 Restricted
funds
£
136,586		 Total
funds
£
326,118

12. FOODBANK DONATIONS

Foodbank donations included within Gifts and donations and also Charitable activities during the year is £117,065 (2021-£152,560).

This has been calculated based on 63,278 kg (2021-82,464kg) of food distributed during the year estimated at a fair value of £1.85 per kg.

13. TANGIBLE FIXED ASSETS

13. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 September 2021 8,748 3,656 12,404
Additions 524 849 1,373
At 31 August 2022 9,272 4,505 13,777
DEPRECIATION
At 1 September 2021 2,010 3,144 5,154
Charge for year 1,816 256 2,072
At 31 August 2022 3,826 3,400 7,226
NET BOOK VALUE
At 31 August 2022 5,446 1,105 6,551
At 31 August 2021 6,738 512 7,250
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.22 31.8.21
£ £
Trade debtors 36,969 37,844
Other debtors 13,909 21,531
50,878 59,375

Page 14

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22 31.8.21
£ £
Trade creditors 10,006 12,690
Social security and other taxes 3,670 2,409
Other creditors 12,590 5,063
Credit card 2,347 2,545
28,613 22,707

16. LEASING AGREEMENTS

In September 2022 a five year lease for the use of Beaumont Manor for the Lincoln Community Grocery was completed. No rent is payable for the duration of the lease, however ACTS Trust is responsible for the refurbishment of the premises.

17. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Restore, Foodbank and Community
Grocery
Energize
Mental health promotion
Night Light Cafes
Essentials
Beaumont Manor
TOTAL FUNDS		 At 1.9.21
£
189,532
57,290
14,889
1,417
24,379
8,611
30,000
136,586
326,118		 Net
movement
in funds
£
11,446
60,164
(15,252)
21
(18,468)
(1,466)
(22,252)
2,747
14,193		 Transfers
between
funds
£
486
(849)
363
-
-
-
-
(486)
-		 At
31.8.22
£
201,464
116,605
-
1,438
5,911
7,145
7,748
138,847
340,311

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restore, Foodbank and Community
Grocery
Energize
Mental health promotion
Night Light Cafes
Essentials
Beaumont Manor
TOTAL FUNDS		 Incoming
resources
£
235,161
178,856
52,559
3,157
119,901
-
10,500
364,973		 Resources
Movement
expended
in funds
£
£
(223,715)
11,446
(118,692)
60,164
(67,811)
(15,252)
(3,136)
21
(138,369)
(18,468)
(1,466)
(1,466)
(32,752)
(22,252)
(362,226)
2,747
(585,941)
14,193
600,134 (585,941)

Page 15

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

17. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.9.20
in funds
£
£
Unrestricted funds
General fund
147,054
35,771
Restricted funds
Other restricted funds
300
(300)
Restore, Foodbank and Community
Grocery
13,155
50,842
Energize
8,289
6,600
Mental health promotion
353
1,064
Night Light Cafes
12,979
11,400
Essentials
8,611
-
Beaumont Manor
-
30,000
43,687
99,606
TOTAL FUNDS
190,741
135,377
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
98,735
Restricted funds
Other restricted funds
-
Restore, Foodbank and Community
Grocery
288,379
Energize
57,384
Mental health promotion
4,959
Night Light Cafes
116,949
Beaumont Manor
30,000
497,671
TOTAL FUNDS
596,406		 Transfers
between
At
funds
31.8.21
£
£
6,707
189,532
-
-
(6,707)
57,290
-
14,889
-
1,417
-
24,379
-
8,611
-
30,000
(6,707)
136,586
-
326,118
Resources
Movement
expended
in funds
£
£
(62,964)
35,771
(300)
(300)
(237,537)
50,842
(50,784)
6,600
(3,895)
1,064
(105,549)
11,400
-
30,000
(398,065)
99,606
(461,029)
135,377

Page 16

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

17. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Other restricted funds
Restore, Foodbank and Community
Grocery
Energize
Mental health promotion
Night Light Cafes
Essentials
Beaumont Manor
TOTAL FUNDS		 At 1.9.20
£
147,054
300
13,155
8,289
353
12,979
8,611
-
43,687
190,741		 Net
movement
in funds
£
47,217
(300)
111,006
(8,652)
1,085
(7,068)
(1,466)
7,748
102,353
149,570		 Transfers
between
funds
£
7,193
-
(7,556)
363
-
-
-
-
(7,193)
-		 At
31.8.22
£
201,464
-
116,605
-
1,438
5,911
7,145
7,748
138,847
340,311

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
333,896
Restricted funds
Other restricted funds
-
Restore, Foodbank and Community
Grocery
467,235
Energize
109,943
Mental health promotion
8,116
Night Light Cafes
236,850
Essentials
-
Beaumont Manor
40,500
862,644
TOTAL FUNDS
1,196,540
(		 Resources
Movement
expended
in funds
£
£
(286,679)
47,217
(300)
(300)
(356,229)
111,006
(118,595)
(8,652)
(7,031)
1,085
(243,918)
(7,068)
(1,466)
(1,466)
(32,752)
7,748
(760,291)
102,353
1,046,970)
149,570

Included within restricted funds are the following:

Foodbank - grants to support the operation of the warehouse and to set up a new financial inclusion service in partnership with Citizens Advice.

Restore Programme - Grants received towards the Restore project which works with people aged 18+ supporting them into a life free from poverty. We support people with tangible aid such as food through the Lincoln Foodbank project, but we also provide advice and guidance through our selection of Restore Programme courses, alongside coaching and befriending.

Energize - Grants received towards the Energize project which works with young people aged 8-18 providing positive activities across the city to boost self-esteem and raise the aspirations of young people.

Page 17

ACTS TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

17. MOVEMENT IN FUNDS - continued

Night Light Cafes - Grants received towards providing safe spaces during the late evenings for people to go to when struggling with their mental health. The cafes are run in partnership with local churches and are funded through the NHS Transformation Fund.

Beaumont Manor - grants received for the refurbishment of Beaumont Manor.

Transfers between funds

Transfers into the general fund of £849 (2021: £6,707) are in relation to assets that have been purchased from restricted income where the restrictions have been met.

Transfers from the general fund of £363 (2021: £Nil) were made to meet the commitments of the charity in relation to its objects.

18. RELATED PARTY DISCLOSURES

Total donations from Trustees during the year amounted to £470 (2021 - £360).

Donations were received in during the year of £40,000 from Alive Church Lincoln (2021 - £54,000).

Page 18