2021-03-31-accounts

legal and Administrative	Information
Report ofthe Trustees
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Financial Statements

Senior Management	Team:	Aimi McCaffery
		Jo Heldreich
Registered Office:		Unit 15
		30Meadow Lane
		Loughborough
		LE111JY
Accountants:		Smith Cooper
		2 Lace Market Square
		Nottingha m
		NG1 1PB
Bankers.		HSBC
		4 Market Place
		Loughborough
		LE113EJ
Solicitors:		Bray and Bray
		36-42 Humberstone	Road
		Leicester
		LE5 OAE

			2021	2021	2021	2020
			Unrestricted
			Funds	Restricted	Total	Totai
		Note	General E	Funds	Fundsf	Funds E
Income from:
Donations and legacies		2	179,738	20$,540	388,278	$57,433
Charitable activities		3				46,581
Investments						6
Total incoming resources			179,738	208,540	388,278	904,020
Expenditure on:
Charitable Activities				208,054	208,054	937,078
Total expenditure				208,054	208,054	937,078
Net Income/(expenditure)			179,738	486	180,224	(33,058)
Transfers between	funds		486	(486)
Net movement in funds			180,224		180,224	(33,058)
Recondlllation offunds:
Total funds bought	forward		(19,386)		(19,386)	13,672
Total funds carried	forward		160,838		160,838	(19,3$6)

OR THE YEAR ENDED 31	MARCH 2	021
			Notes	2021	2020
				f	f
Cash flows from operating	activities:
Net cash provided by (used in) operating
activities			17	125,999	(42,083)
Cash flows from Investing	activities:
Returns on investments
Interest income					6
Purchase oftangible fixed	assets			(3,144)	(214)
Net cash provided by (used in) investing
activities				(3,144)	(208)
Cash flows from flnandng	activities:
Cash inflows from new borrowing
Net cash provided by (used in) flnandng
activities
Change In cash and cash equivalents		In the
reporting period				122,BSS	(42,291)
Cash and cash equivalents	atthe beginning of
the reporting period				79,851	122,142
Cash and cash equivalents	at the end	ofthe
reporting period				202,706	79,$51

	2021 f	2020f
Donations	25,616	283,243
Legacies
Grants	362,662	574,190
	388,278	857,433

Income from donations and grants was E388278(2020:f857433)ofwhi (2020:f399,144)and f208,540was restricted (2020:f458,289).	ch f179738was unrestricted
3 INCOME FROM CHARITABLE ACTIVITES
Post 16Study Programme	45,741
PCC Commissioning
Other Income	840
	46,581

Post165tudyProgramme		222,876
Mentoring
Love4 Life	87,949	93,978
Support	120,105	620,224
	208'054	937,078

				2021	2020
				E	f
Staff costs				76,254	438,207
Premises costs				18,450	79,561
Governance	costs			2,154	2,305
ITand communication		costs		8,343	17,815
General administration			expenses	2,623	32,459
Professionalfees and		insurance		5,613	20,884
Depreciation				3,603	11,948
Profit/(loss)	on sale of		fixed assets	2,730	11,657
Other				335	5,387
				120105	620,223
6 NETINCOMING/(OUTGOING)RESOURCES
Auditors' remuneration
Independent	examiners'		remuneration	1,380	2,154
Depreciation	-owned	assets		3,603	11,947
Lease costs				11,598	42,877

OOD 20:20 O THE FINANCIAL STATEMENTS YEAR ENDED 31MARCH 2021 AFFCOSTS
	Total	Total
	2021	2020
	E	E
Wages and Salaries	132,715	586,689
Social Security Costs	6,009	45,221
Pension	2,817	20,611
	141,541	652,521

The average	monthly	monthly	number of	employees	during the year was as follows:
						Total	Total
						2021	2020
Charitable	Activities					4	9
Management		and Administration		ofthe Charity		1	2
						5	11

	Ofgce	Computers	Total
	Equipment	Equipment
	E	E
Cost
At 1*' April 2020	3,300	9,713	13,013
Additions in year		3,144	3,144
Disposals in year	(1,988)	(9,584)	(11,572)
	1,312	3.273	4,585
Depreciation
At 1" April 2020	1,879	4,522	6,401
Charged in year	355	3,249	3,603
Released on disposal	(1,476)	(7,365)	(8,841)
At 31" March 2021	758	405	1,163
Net book value
At 31" March 2021	554	2,868	3,422
At 31" March 2020	1,421	5,191	6,612

							2021	2020
							E	E
		Trade debtors					660	1,560
		Other debtors and prepayments					583	5 658
							1243	7218
	11	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
							2021	2020
							f	E
		Loans and overdrafts
		Trade creditors					6,344	13,758
		Grants received	in advance				37,583	80,449
		Accruals					2,606	18,860
							46533	113067
		Included within	creditors			isf37,583ofdeferred income relating to grants received		in advan
		The movement	can be		analysed		as follows:
								Total
								2021
								f
		Balance b/fwd						80,449
		Additions in the year						176,294
		Released in the		year			(219,160)
		Balance c/fwd						37,583
12		CREDITORS:AMOUNTS			FALLING		DUE AFTER MORE THAN ONE YEAR
							Total	Total
							2021	2020
							f	f
		Grants in advance

	Totai	Total
	2021 E	2020f
Expiry date
Less than one year		7,420
One to five years
More than five years
		7,420

		At				At
		1April				31March
		2020	Income	Expenditure	Transfers	2021
		E	E	E	E	E
Unrestricted	Funds
General reserve		(19,386)	179,738		486	160,838
Restricted Funds
Restricted reserve			208,540	(208,054)	(486)
		(19,386)	388,278	(208,054)		160,838

			Unrestricted	Restricted
			Funds	Funds	Totals
			E	E	E
	Fund balances at31March 2021are
	represented by:
	Tangible Fixed Assets		3,422		3,422
	Current Assets		166,366	37,583	203,949
	Current Liabilities		(8,950)	(37,583)	(46,533)
			160,838		160,838
16	CONTROL RELATIONSHIPS
	The charity is controlled		by the Board ofTrustees
17	RECONCILIATION	OF NET MOVEMENTS IN FUNDS TO NET CASH FLOW FRONI OPERATING
	ACllVITIES

				Total	Total
				2021	2020
				E	E
Net movement in funds				180,224	(33,058)
Depreciation charge				3,603	11,947
(Profit)/loss on sale	oFassets			2,730	11,657
Interest income shown in		investing	activities		(6)
Decrease (increase)	in debtors			5,976	52,573
Increase (decrease)	in creditors			(66,534)	(85,195)
Net cash used in operating		activities		125,999	(42,083)