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2021-03-31-accounts

Page
Reference and administrative details ofthe company, its Trustees and advisers
Trustees'
report		 2-11
Independent
auditors'		 report on the financial statements 12- 15
Statement of financial activities
Balance sheet 17
Statement ofcash flows 18
Notes to the financial statements 19-39

Trustees Paul Hoey, Chair (resigned 31 January 2021) Paul Hoey, Chair (resigned 31 January 2021) Paul Hoey, Chair (resigned 31 January 2021) Paul Hoey, Chair (resigned 31 January 2021) Paul Hoey, Chair (resigned 31 January 2021)
Stephen
Lock, Vice		 Chair
Neil Lawrence, Treasurer
Andrew Warren (resigned 30September 2020)
Elizabeth Wiggins, Chair from 1 February 2021 (appointed 16 November 2020)
Richard Capper
Gregory Gibson
Margaret Wade
Lonnea Lain-Rogers
Akson Lamont
Keith James
Jacqueline
Higham
Company registered
number 6388343
Charity registered
number 1122801
Registered office 70-80 Oak Street
Norwich
Norfolk
NR3 3AQ
Company secretary Andy Sexton
Chief executive officer Andy Sexton
Independent auditors Larking Gowen LLP
Chartered
Accountants
King Street House
15Upper
King Street
Norwich
NR3 1RB
Bankers Lloyds Bank Pic
Norwich
NR2 1LZ
Solicitors Birketts LLP
Kingfisher
House
Gilders Way
Norwich
NR3 1U8

Unrestricted Restricted Total Total
funds funds funds funds
2021 2021 2021 2020
Note 6 6
Income from:
Donations
and legacies		 101,986 25,692 127,678 414,050
Charitable
activities		 20,425 1,938,480 1,958,905 1,799,860
Other trading activities 25,421 25,421 6,206
Investments 254 254 2,415
Total income 148,086 1,964,172 2,112,258 2,222,531
Expenditure
on:
Raising funds 8 2,951 242 3,193 3,387
Charitable
activities		 161,966 1,837,920 1,999,886 /,929,334
Total expenditure 164,917 1,838,162 2,003,079 /,932,721
Net (expenditure)/income (16,831) 126,010 109,179 289,810
Transfers
between		 funds 18 (76,574) 76,574
Net movement
in funds		 (93,405) 202,584 109,179 289,810
Reconciliation
of		 funds:
Total funds brought forward 758,188 1,069,733 1,827,921 1,538,111
Net movement
in funds		 (93,405) 202,584 109,179 289,810
Total funds carried forward 664,783 1,272,317 1,937,100 /, 827,921

BALANCE SHEET BALANCE SHEET
AS AT 31 MARCH 2021
Note 2021f 2020f
Fixed assets
Tangible assets 13 1,002,307 1,012,551
Investments 14 1 1
1,002,308 1,012,662
Current assets
Debtors 15 38,899 143,318
Cash at bank and in hand 1,248,866 957,790
1,287,765 1,101,108
Creditors: amounts falling due within one
year 16 (337,973) (285,849)
Net current assets 949,792 815,259
Provisions for habilities (15,000)
Net assets excluding pension asset 1,937,100 1,827,921
Total net assets 1,937,100 1,827,921
Charity funds
Restricted
funds		 18 1,272,317 1,069,733
Unrestricted
funds		 18 664,783 758,188
Total funds 1,937,100 1,827,921

STATEMENT OF CASH FLOWS STATEMENT OF CASH FLOWS STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2021
2021
6		 2020f
Cash flows from operating activities
Net cash generated
in operating
activities		 326,754 124,994
Cash flows from investing activities
Interest received 254 2,415
Proceeds from the sale oftangible assets 683
Purchase oftangible fixed assets (36,615) (440,126)
Net cash used
in investing		 activities (35,678) (437,711)
Cash flows from financing activities
Net cash provided
by financing
activities
Change
in cash and cash		 equivalents in the year 291,076 (312,717)
Cash and cash equivalents at the beginning of the year 957,790 1,270,507
Cash and cash equivalents at the end of the year 1,248,866 957,790

recognised as income when receivable
and capitalised
at their open		 recognised as income when receivable
and capitalised
at their open		 market value
Depreciation
is calculate so as to write off the cost of an asset, less		 its estimated residual value over
the useful economic
life of that asset.
The estimated
useful lives are as follows:
Leasehold
improvements		 over period of lease
Caravans 25 %RB
Motor vehicles 25 %RB
Equipment
(fixed)		 over period of property lease
Furniture
and equipment		 25 %RB
(movable)
Computer
equipment		 33 %SL

Unrestricted Restricted Total
funds funds funds
2021
E		 2021f 2021
Donations 46,612 25,692 72,304
Legacies 183 183
NCC - Covid grant funding 20,800 20,800
Coronavirus Job Retention Scheme grant 34,391 34,391
101,986 25,692 127,678

Unrestricted Restricted Total
funds funds funds
2020f 2020f 2020
Donations 52,377 333,504 385,881
Legacies 28,169 28,169
80,546 333,504 414,050

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
5 5
Young Persons 1,490,250 1,490,250
Adult Services 12,673 448,230 460,903
Community Justice
Support-Head Office 7,752 7,752
20,425 1,938,480 1,958,905
Unrestricted Restricted Total
funds funds funds
2020 2020f 2020f
Young Persons 4,632 1,409,611 1,414,243
Adult Sennces 368,297 368,297
Community Justice 17,320 17,320
4,632 1,795,228 1,799,860

Unrestricted Total
funds funds
2021
6		 2021f
Fundraising events 15,684 15,684
Other trading activities 9,737 9,737
25,421 25,421
Unrestricted Total
funds funds
2020 2020f
Fundraising events 2,529 2,529
Other trading activities 3,677 3,677
6,206 6,206
Unrestricted Total
funds funds
2021f 2021
6
Bank interest 254 254
Unrestricted Total
funds funds
2020 2020f
Bank interest 2,415 2,415

Unrestricted Restricted Total
funds funds funds
2021f 2021f 2021f
Young Persons 40 40
Adult Services 195 202 397
Support costs 2,756 2,756
2,951 242 3,193
Unrestricted Restricted Total
funds funds funds
2020f 2020 2020f
Youth Services 74 74
Adult Serwces 910 1,233 2,143
Support costs 1,170 1,170
2,080 1,307 3,387

Activities
undertaken Support Total
directly costs funds
2021f 2021f 2021f
Young Persons 1,342,523 206,903 1,549,426
Adult Services 374,910 75,550 450,460
1,717,433 282,453 1,999,886

Acti vities
undertaken Support Total
directly costs funds
2020f 2020f 2020f
Young Persons 1,297,975 185,400 1,483,375
Adult Sennces 382,828 63,131 445,959
1,680,803 248,531 1,929,334
Analysis ofdirect Analysis ofdirect costs costs
Young Adult Total
Persons Services funds
2021f 2021f 2021
F
Staff and volunteer costs 1,003,208 291,000 1,294,208
Service costs 225,153 22,187 247,340
Premises and office running costs 102,768 28,983 131,751
Depreciation including loss on disposal 11,394 32,740 44,134
1,342,523 374,910 1,717,433
Young Adtilt Total
Persons Services funds
2020 2020f 2020f
Staff and volunteer costs 938,581 321,672 1,260,253
Service costs 237,474 12,241 249,715
Premises and office running costs 102,299 25,385 127,684
Depreciation including loss on disposal 19,621 23,530 43,151
1,297,975 382,828 1,680,803

Young Adult Total
Persons Services funds
2021 2021f 2021f
Salaries 150,226 54,855 205,081
Staff costs 3,236 1,181 4,417
Volunteer costs 529 193 722
Training 1,181 431 1,612
Staff travel (58) (21) (79)
Vehicle costs 44 16 60
Premises costs 12,452 4,547 16,999
Office running costs 17,722 6,471 24,193
Telephone 4,650 1,698 6,348
IT 5,079 1,855 6,934
Finance and legal costs 1,061 388 1,449
Audit, consultancy and professional fees 9,205 3,361 12,566
Depreciation 1,576 575 2,151
206,903 75,550 282,453

Analysis ofsu ppo rt costs (contin ued)
Young Adult Total
Persons Services funds
2020 2020
t:		 2020
f
Salaries 120,684 41,094 161,778
Staff costs 6,538 2,281 8,819
Volunteer costs 172 58 230
Training 2,593 883 3,476
Staff travel 466 159 625
Vehicle costs 4 2 6
Service costs 898 305 1,203
Premises costs 13,132 4,472 17,604
Office running costs 15,791 5,377 21,168
Telephone 3,832 1,305 5,137
IT 6,640 2,261 8,901
Finance and legal costs 1,746 595 2,341
Audit, consultancy and professional fees 11,529 3,871 15,400
Depreciation 1,375 468 1,843
185,400 63,131 248,531

Audit ors'
remuneration
2021 2020
E
Fees payable to the company's auditor for the audit of the company's
annual accounts 8,460 8,280

Staff costs
2021 2020
Wages and salanes 1,160,341 1,043,177
Social security costs 97,101 85,527
Pension costs 63,663 58,992
1,321,325 1,187,796

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2021 2020
6
Due within one year
Trade debtors 3,215 17,451
Other debtors 375
Prepayments and accrued income 35,684 125,492
38,899 143,318

2021 2020
E
Trade creditors 39,501 27,298
Amounts
owed to group undertakings		 1 1
Other taxation and social security 33,049 27,926
Other creditors 750 750
Accruals and deferred income 264,672 229,874
337,973 285,849
2021 2020
E
Deferred income at 1 April 2020 196,925 283,396
Resources deferred during the year 249,985 198,925
Amounts released from previous periods (196,925) (283,398)
249,985 196,925

Statement
of		 funds
-curre		 nt year
Balance at
Balance at 1 Transfers 31 March
April 2020 Income Expenditure in/out 2021
6 5 5 E
Unrestricted funds
General
Fund		 758,188 148,086 (164,917) (76,574) 664,783
Restricted funds
Young Persons 108,463 1,482,952 (1,432,970) 4,814 163,259
Adult Services 946,015 481,220 (403,416) 71,760 1,095,579
Voice box and Vehicles 15,255 (1,776) 13,479
1,069,733 1,964,172 (1,838,162) 76,574 1,272,317
Total of funds 1,827,921 2,112,258 (2,003,079) 1,937,100

Statement of funds
- prior year
Balance al
Balance at 31March
1 April 2019 Income Expenditure 2020f
Unrestricted funds
General
Fund		 766,085 93,799 (101,696) 758,188
Restricted funds
Young Persons 118,873 1,424,686 (1,435,096) 108,463
Adult Services 635,522 704,046 (393,553) 946,015
Voice box and Vehicles 17,631 (2,376) 15,255
772,026 2, 128,732 (1,831,025) 1,069,733
Total offunds 1,538,111 2,222,531 (1,932,721) 1,827,921

Analysis ofnet assets between
funds - curren		 t year
Unrestricted Restricted Tots I
funds funds funds
2021 2021f 2021f
Tangible fixed assets 41,909 960,398 1,002,307
Fixed asset investments 1 1
Current assets 975,846 311,919 1,287,765
Creditors due within one year (337,973) (337,973)
Provisions for liabilities and charges (15,000) (15,000)
Total 664,783 1,272,317 1,937,100

Unrestricted Restricted Total
funds funds funds
2020f 2020f 2020f
Tangible fixed assets 68,079 944,582 1,012,661
Fixed asset investments 1 1
Current assets 975,957 125,151 1,101,108
Creditors due within one year (285,849) (285,849)
Total 758,188 1,069,733 1,827,921
20. Reconciliation
of net movement		 in funds to net cash flow from operating activities
2021
6		 2020f
Net income for the year (as per Statement of Financial Activities) 109,179 289,810
Adjustments
for:
Depreciation
charges		 46,302 44,994
Loss/(profit)
on the sale offixed assets		 (16)
Decrease/(increase) in debtors 104,419 (20,855)
Increase/(decrease) in creditors 52,124 (186,540)
Interest received (254) (2,415)
Increase/(Decrease) in provisions 15,000
Net cash provided
by operating		 activities 326,754 124,994
21. Analysis ofcash and cash equivalents
2021 2020f
Cash
in hand		 1,248,866 957,790
Total cash and cash equivalents 1,248,866 957,790

Principal su Principal su bsidiaries bsidiaries
The following was a subsidiary undertaking of the company:
Name Company Principal activity Holding
number
Matthew Project Enterprises Limited 10840324 Dormant 100'/o
The financial results of the subsidiary for the year were:
Name Net assets
E
Matthew Project Enterpnses Limited