2022-03-31-accounts - The Resurgence Trust

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						Pages
Trustees'	annual report (incorporating		the	director's	report)	1to 14
Independent examiner's report to the			trustees			15
Statement	of financial activities	(including		income and
expenditure account)						16
Statement	of financial position					17
Statement	of cash flows					18
Notes to	the financial statements					19to 32

Risk			Potential	Im act			Mitl atin actions
Failure to	comply	with	Fines and penalties				Appropriate staff training
legislation	and
regulations			Reputational damage				Obtaining external professional			advice
							Retention of appropriate records			and
							communications, including	the minutes
							of meetings
							Annual independent examination			of
							financial statements
Inadequate	cash	flow	Inability	to meet obligations		as	Production of budgets and	cash		flow
			they become due,		leading	to	forecasts to identify funding
			possible				requirements
			~ suspension/loss		of services
			(e.g, utilities)				Regular management reports
			~ breach	of contracts			presented to senior staff and		at
			~ inability	to fulfil objectives			Trustees' meetings
			~ loss of	goodwill/reputation
							Adherence to reserves policy,
							including the establishment		and
							maintenance of a 'resilience		reserve'

Risk				Potential impact	Potential impact				Mitigating actions
Insufficient		fundraising		Inability to meet financial					Production ofcash flow forecasts to
				obligations					identify funding requirements				and
									ensure sufficient liquid		funds
				Loss of key	staff
									Regular management		reports		to
				Inability to meet objectives					enable early detection		of problems			to
									allow planning time
									Maintaining good relationships				with
									key funders
									Continual focus on decreasing				reliance
									on donations by increasing			revenues
									from sustainable charitable			activities
Declining	membership			Inability to meet financial					Reviewing chantable	activities			to
numbers	and			obligations,	due to	reduced			ensure that they align		with our
associated		income from		income					objectives
core charitable			activities
				Reduced relevance			of the		Employing an outreach		and
				organisation					promotions officer
				Failure to achieve		objectives			Development of partnerships				with
									other organisations
Corruption/loss			of data,	Extreme disruption;					Onsite and offsite backups
including	our			exceedingly	difficult		to recreate
membership		database		from other sources					Support contracts in place with
									software providers
				Impossibility	of communicating
				with members
				High loss of	goodwill			from
				members
									Monthly review of risk		register		and
Changing	and		emerging	New risks emerge		or		the	update of controls and		risk scores as
risks				profile of existing risks alters,					required
				leading to insufficient
				management	controls				Regular review of the	latest
									government guidance
									Staff to re ort new risks as identified

		Ye	ar end	ed 31 March	2022
					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	2
Income and endowments
Donations and legacies			5	404,889	14,755	419,644	403,977
Charitable activities			6	333,879		333,879	343,773
Other trading activities			7	48,396		48,396	28,812
Investment income			8	215		217	367
Other income			9	23,155		23,155	24,457
Total income				810,534	14,757	825,291	801,386
Expenditure
Expenditure on raising funds;
Costs of raising donations		and
legacies			10	6,353	2,316	8,669	4,450
Costs of other trading	activities		11	589		589
Expenditure on charitable	activities		12,13	707,971	13,317	721,288	644,566
Other expenditure			14	130,815		130,815	1,103
Total expenditure				845,728	15,633	861,361	650,119
Net (expenditure)/income	and	net
movement in funds				(35,194)	(876)	(36,070)	151,267
Reconciliation offunds
Total funds brought forward				1,029,774	11,484	1,041,258	889,991
Total funds carried forward				994,580	10,608	1,005,188	1,041,258

	Year en	ded 31 March 202	2
			2022	2021
Cash flows from operating	activities
Net (expenditure)/income			(36,070)	151,267
Adjustments for.
Depreciation of tangible fixed assets			35,322	30,996
Impairment of tangible fixed	assets		129,299
Amortisation of intangible assets			184	184
Government grant income				(19,392)
Other interest receivable and similar income			(217)	(367)
Loss on disposal of tangible	fixed assets		1,516	1,103
Accrued (income)/expenses			(18,086)	11,682
Changes in:
Stocks			(948)	598
Trade and other debtors			861	1,831
Trade and other creditors			3,535	(18,550)
Cash generated from operations			115,396	159,352
Interest received			217	367
Net cash (used in)/from operating activities			115,613	159,719
Cash flows from investing	activities
Purchase of tangible assets			(62,084)	(105,598)
Proceeds from sale of tangible assets			217
Net cash used in investing activities			(61,867)	(105,598)
Cash flows from financing	activities
Government grant income				19,392
Net cash from financing activities				19,392
Net (decrease)/increase in	cash and cash	equivalents	53,746	73,513
Cash and cash equivalents	at beginning	of year	235,923	162,410
Cash and cash equivalents	at end of year		289,669	235,923

value, over the useful econo	mic life of that asset as follow
Land and buildings	1'%%d straight line
Plant and machinery	10'/o reducing balance
Fixtures and fittings	10'/o reducing balance
Office equipment	15'%%d reducing balance
Website	33.33'%%d straight line

								Unrestricted	Restricted	Total	Funds
								Funds	Funds		2022
									2
	Donations
	Donations							397,635		397,635
	Restricted donations					and grants			14,399		14,399
	Gifts
	Tax refunds		-	Gift	Aid			7,254	356		7,610
	Grants
	Government		grant		income
								404,889	14,755	419,644
								Unrestricted	Restricted	Total	Funds
								Funds	Funds		2021
									2		2
	Donations
	Donations							376,553		376,553
	Restricted	donations				and grants			924		924
	Gifts
	Tax refunds		-	Gift	Aid			7,108			7,108
	Grants
	Government		grant		income			19,392			19,392
								403,053	924	403,977
6.	Charitable		activities
								Unrestricted	Restricted	Total	Funds
								Funds	Funds		2022
								2	2		2
	Book, magazine and other Membership subscriptions Advertising Event income						sales income	61,632 192,725 50,523 12,455		61,632 192,725 50,523 12,455
	Tax refunds		-	Gift	Aid			16,544			16,544
								333,879		333,879
								Unrestricted	Restricted	Total Funds
								Funds	Funds		2021
											2
	Book, magazine and other Membership subscriptions Advertising						sales income	63,790 203,354 44,430		63,790 203,354 44,430
	Event income							10,621			10,621
	Tax refunds		- Gift Aid					21,442	136		21,578
								343,637	136	343,773

7.	Other trading	Other trading	activities
					Unrestricted	Total Funds	Unrestncted	Total Funds
					Funds	2022	Funds	2021
							2	2
	Sale of donated		goods		13,205	13,205	11,455	11,455
	Fundraising	event income			26,616	26,616	17,357	17,357
	Rental income		- Small School Cottage		8,575	8,575
					48,396	48,396	28,812	28,812
8.	Investment	income
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022
						E	E	8
	Bank interest	receivable				215	2	217
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						E		E
	Bank interest	receivable				356	11	367
9.	Other income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
							2	2
	Other income				23,155	23,155	24,457	24,457
10.	Costs of raising donations			and legacies
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022
								8
	Event costs					6,353	2,316	8,669
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						E
	Event costs					4,375	75	4,450

Costs ofo	the	r trading activ	ities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				6	2
Costs of Cottage Rental income				589	589
Expenditure		on charitable	activities	by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					2	8	9
Magazine	and	website costs			174,522	10,712	185,234
Staff costs					341,417	1,955	343,372
Event costs					7,320		7,320
Support costs					184,712	650	185,362
					707,971	13,317	721,288
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					2	9
Magazine Staff costs	and	website costs			184,825 298,029	17,589	184,825 315,618
Event costs					2,875		2,875
Support costs					140,678	570	141,248
					626,407	18,159	644,566

Expenditur	e on charitable activiti	es by activity typ	e
		Activities
		undertaken		Total funds	Total fund
		directly	Support costs	2022	2021
		8
Magazine Staff costs	and website costs	185,234 343,372	185,362	370,596 343,372	326,073 315,618
Event costs		7,320		7,320	2,875
		535,926	185,362	721,288	644,566

					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					2	2
Loss on disposal		of tangible		fixed
assets held for	charity's		own	use	1,516	1,516	1,103	1,103
(Gains)/losses	on	impairment		of fixed
assets					129,299	129,299
					130,815	130,815	1,103	1,103

							2022	2021
							'E
	Amortisation	of	intangible	assets			184	184
	Depreciation	of	tangible fixed assets				35,322	30,996
	Loss on disposal		of tangible fixed assets				1,516	1,103
16.	Independent	examination		fees
								2021
								9
	Fees payable	to	the independent		examiner for:
	Independent	examination		of the financial		statements	2,172	2,122

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2022	2021
					9
Wages and salaries				316,125	293,836
Social security costs				20,783	16,405
Employer	contributions	to pension	plans	6,464	5,377
				343,372	315,618

of full-time e	quivalent employees during the year	is analysed as follows:
		2022	2021
		No.	No.
Editorial		5	4
Membership		3	3
Administration		2	2
Fundraising	8 events	2	2
PR & marketing		1	1
		13	12

19.	Support costs Notes to the Financial Statem Year ended 31 March	ents f~nrrnv~) 2022
		2022	2021
		8	B
	Insurance	4,567	4,571
	Sundry Recruitment expenses Travelling Printing, postage and stationery Training Equipment hire Premises expenses Telephone Exchange gains/(losses) Repairs and renewals Accountancy fees Rates Legal fees Depreciation Non-reclaimed VAT	3,804 2,057 2,306 6,637 1,005 1,503 13,842 7,671 286 24,649 2,172 (1,608) 3,586 35,506 (57)	1,982 350 800 4,144 639 1,781 7,857 6,722 2,281 9,580 2,122 4,709 4,117 31,180 546
	Subscriptions	13,906	9,358
	Subsistence	484
	Financial charges Professional fees	8,462 54,316	7,677 40,832
	Other expenses	268
		185,362	141,248
20.	Intangible assets
			Patents,
			trademarks
			and licences
	Cost
	At 1 April 2021 and 31 March 2022		1,840
	Amortisation
	At 1 April 2021 Charge for the year		368 184
	At 31 March 2022
	Carrying amount At 31 March 2022		1,288
	At 31 March 2021		1,472

Tangible fixed ass	ets
	Land and	Plant and	Fixtures and
	buildings	machinery	fittings	Equipment	Website	Total
	E			2		6
Cost
At 1 Apr 2021	974,703	127,997	28,311	30,747	20,403	1,182,161
Additions	24,235	4,422	4,504	16,513	12,410	62,084
Disposals			(6,702)	(1,612)		(8,314)
Revaluations	(148,938)					(148,938)
At 31 Mar 2022	850,000	132,419	26,113	45,648	32,813	1,086,993
Depreciation
At 1 Apr 2021	9,698	21,221	8,934	11,755	13,791	65,399
Charge for the
year	9,941	10,824	2,286	4,856	7,415	35,322
Dtsposals			(5,482)	(1,099)		(6,581)
Revaluations	(19,639)					(19,639)
At 31 Mar 2022		32,045	5,738	15,512	21,206	74,501
Carrying amount
At 31 Mar 2022	850,000	100,374	20,375	30,136	11,607	1,012,492
At 31 Mar 2021	965,005	106,776	19,377	18,992	6,612	1,116,762

22.	from Underwoo Stocks	d Wright Chartered Surveyors as at 31	March 2022.
			2022	2021
			2	6
	Raw materials	and consumables	4,803	3,855
23.	Debtors
			2022	2021
	Trade debtors		8,876	13,476
	Prepayments	and accrued income	45,892	23,628
	Other debtors		11,397	11,853
			66,165	48,957

		2022	2021
Trade creditors		18,019	7,926
Accrual s and deferred	income	132,938	139,692
Other creditors		218,272	218,093
		369,229	365,711

2022	2021
2
	19,392

Unrestricted f	unds
		At				At 31 March
		1 April 2021	Income	Expenditure	Transfers	2022
		2	2
General funds		(42,006)	810,534	(695,665)	(28,657)	44,206
Land, property, and machinery	plant	1,071,780		(150,063)	28,657	950,374
		1,029,774	810,534	(845,728)		994,580
		At				At 31 March
		1 April 2020	Income	Expenditure	Transfers	2021
		r		2		2
General funds		(148,899)	800,315	(610,769)	(82,653)	(42,006)
Land, property, and machinery	plant	1,010,227		(21,116)	82,669	1,071,780
		861,328	800,315	(631,885)	16	1,029,774

			At				At 31 March
			1 April 2021	Income	Expenditure	Transfers	2022
				2	2		2
Recruitment			3		(3)
Marketing &	Promotion		701	12,000	(12,080)		621
Ernest Cook	Trust		8,015	2	(1,389)		6,628
Small School	- Youth
Club Funding			1,705		(236)		1,469
Resurgence	Cottage
Ecologist's writers'		fund	1,060	2,755	(1,925)		1,890
			11,484	14,757	(15,633)		10,608
			At				At 31 March
			1 April 2020	Income	Expenditure	Transfers	2021
					2
Recruitment			17,588	3	(17,588)		3
Marketing &	Promotion		1,346	1	(646)		701
Ernest Cook	Trust		8,009	6			8,015
Small School	- Youth
Club Funding			1,704				1,705
Resurgence	Cottage		16			(16)
Ecologist's writers'		fund		1,060			1,060
			28,663	1,071	(18,234)	(16)	11,484

Analysis	of net as	sets between funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
				2
Intangible assets Tangible fixed assets Current assets			1,288 1,012,492 350,029	10,608	1,288 1,012,492 360,637
Creditors	less than	1 year	(369,229)		(369,229)
Net assets			994,580	10,608	1,005,188
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			2		6
Intangible assets Tangible fixed assets Current assets			1,472 1,116,762 277,251	11,484	1,472 1,116,762 288,735
Creditors	less than	1 year	(365,711)		(365,711)
Netasse	ts		1,029,774	11,484	1,041,258

Analy	sis	of	chan	ge	s In net debt
										At
						At	1	Apr 2021	Cash flows	31 Mar 2022
								2
Cash	at	bank	and	in	hand			235,923	54,014	299,937