OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 8 to 14
Detailed Statement ofFinancial Activities 15 to 16

REFERENCE AND ADMINISTRATIVE DETAILS ADMINISTRATIVE DETAILS ADMINISTRATIVE DETAILS
Registered Charity number
1123287
Principal
address
The Bridgend Centre
104Palmerston Street
Bollington
Macclesfield
Cheshire
SK105PW
Trustees
G W Brown
BJMatthews
JGooding (resigned 28.10.21)
Ms L C Cox
Ms SP Brocklehurst
Ms ALeah
Ms JMaitland
Independent
Kxamiuer
Neil Kennington
Institute ofChartered Accountants in England and Wales
Heywood
Shepherd
Chartered
Accountants
1Park Street
Macclesfield
Cheshire
SK116SR

2022 2021
Unrestricted Restricted Total Total
fund funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 31,843 16,840 48,683 84,260
Charitable activities
Activities 4,300 4,300 519
Other trading activities 112,374 112,374 54,345
Investment income 8 8 264
Other income 5,564 5,564 35,061
Total 154,089 16,840 170,929 174,449
EXPENDITURE ON
Raising funds 14,508 14,508 9,379
Charitable activities
Projects 564 5@02 5,866 7,685
Activities 2,526 2,526 1,342
Overheads 154,634 154,634 145,356
Other 5,108 5,108 5,062
Total 177,340 5,302 182,642 168,&24
NKT INCOME/(EXPENDITURE) (23851) 11,538 (11,713) 5,625
RECONCILIATION OF FUNDS
Total funds brought forward 340,984 13,639 354,623 348,998
TOTAL FUNDS CARRIED FORWARD 317733 25,177 342,910 354,623
2022 2021
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXEDASSETS
Tangible assets 403,868 403,868 410,436
CURRENT ASSETS
Stocks 21,250 21,250 20,900
Debtors 330 330 386
Prepayments
and accrued income
2,334 2,334 2,206
Cash at bank and in hand 64,089 25,555 89,644 99,348
88,003 25,555 113,558 122,840
CREDITORS
Amounts
falling due within one year
10 (10,709) (378) (11,087) (9,562)
NET CURRENT ASSETS 77,294 25,177 102,471 113,278
TOTAL ASSETSLESSCURRENT LIABILITIES 481,162 25,177 506,339 523,714
CREDITORS
Amounts
falling due atter more than one year
(163,429) (163,429) (169,091)
NET ASSETS 317733 25,177 342,910 354,623
FUNDS 14
Unrestricted
funds
317,733 340,984
Restricted funds 25,177 13,639
TOTAL FUNDS 342,910 354,623

2022 2021
Fundraising
events
Shop income
Trading income
7,907
100,373
4,094
5,689
47,640
1,016
112,374 54,345

2022 2021
The average number ofemployees were as follows: 10 10
COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES
Unrestricted Restricted Total
fu11(l funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
75,482 8,778 84,260
Charitable
activities
Activities 519 519
Other trading activities 54,075 270 54,345
Investment
income
264 264
Other income 35,061 35,061
Total 165,401 9,048 174,449
EXPENDITURE ON
Raising funds 9,378 9,379
Charitable
activities
Projects 7,685 7,685
Activities 1,342 1,342
Overheads 144,256 1,100 145,356
Other 5,062 5,062
Total 160,038 8,786 168,824
NKT INCOME 5,363 262 5,625
RKCONCILIA. TION OFFUNDS
Total funds brought forward 335,621 13,377 348,998
TOTAL FUNDS CARRIED FORWARD 340,984 13,639 354,623

7. TANGIBLE FIXEDASS ETS
Fixtures
Freehold and
property fittings Totals
COST
At 1 April 2021 421,979 12,787 434,766
Additions 1,000 1,000
Dispo sais (8,100) (8,100)
At 31March 2022 421,979 5,687 427,666
DEPRECIATION
At 1 April 2021 14,229 10,101 24,330
Charge for year 6,270 1,298 7,568
Eliminated
on disposal
(8,100) (8,100)
At 31March 2022 20,499 3,299 23,798
NKT BOOKVALUE
At 31March 2022 401,480 2,388 403,868
At 31March 2021 407,750 2,686 410,436
8. STOCKS
2022 2021
Stocks 21,250 20,900
9. DEBTORS:AMOUNTS FALLING DUF WITHIN ONK YEAR
2022 2021
VAT 330 386
10. CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR
2022 2021
Bank loans and overdrafts (see note 12) 5,679 6,007
Trade creditors 2,532 2,491
Taxation and social security 1,227
Other creditors 1,649 1,064
11,087 9,562
ll. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR DUE AFTER MORE THAN ONE YEAR
2022 2021
Bank loans (see note 12) 163,429 169,091
12. LOANS
An analysis ofthe maturity ofloans is given below:
2022 2021
Amounts
falling due within one year on
demand:
Mortgages
and loans
5,679 6,007
Amounts
falling between one and two years:
Mortgages
and loans - 1 to 2 years
5,721 6,212
Amounts
falling due between two and five years:
Mortgages
and loans - 2to 5 years
18,549 19,718
Amounts
falling due in more than five years:
Repayable
by instalments:
Mortgages
and loans - more than 5 years
139,159 143,161
13. SECURED DEBTS
The following
secured debts are included
within creditors:
2022 2021
Bank loans 169,108 175,098
There is a loan with Bollington
Town Council for 20 years and is secured on the property.
The Mortgage
is with The Charity Bank
for 25 years and is also secured on the property.

MOVEMENT IN FU N DS
Net
movement
At 1.4.21 in funds At 31.3.22
Unrestricted
funds
General fund 340,984 (23,251) 317,733
Restricted funds
Bridgend Buddies 7,502 3,886 11,388
Isolation and Dementia Services 150 150
Education Room 272 272
Workshop &Woodcraft 3,000 (1,083) 1,917
Guided Walks 140 140
Tree Trails &Walking Festival 1,924 414 2,338
Project Reminiscence, Talks & Games 200 6,693 6,893
Isolation &.Dementia Newsletter 591 (591)
Automatic
Door
2,000 2,000
Art 79 79
13,639 11,538 25,177
TOTAL FUNDS 354,623 (11,713) 342,910
Net movement
in funds,
included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund 154,089 (177,340) (23,251)
Restricted funds
Bridgend Buddies 5,990 (2,104) 3,886
Workshop &Woodcraft (1,083) (1,083)
Guided Walks 500 (360) 140
Tree Trails &Walking Festival 1,000 (586) 414
Project Reminiscence, Talks &.Games 6,849 (156) 6,693
Isolation &Dementia Newsletter 1 (592) (591)
Automatic
Door
2,000 2,000
Art 500 (421) 79
16,840 (5,302) 11,538
TOTAL FUNDS 170,929 (182,642) (11,713)

Net
movement
At 1.4.20 in funds At 31.3.21
Unrestricted
funds
General fund 335,621 5,363 340,984
Restricted
funds
Bridgend Buddies 8,669 (1,167) 7,502
Isolation and Dementia Services 150 150
Education Room 272 272
Workshop &Woodcraft 3,000 3,000
Guided Walks 500 (500)
Tree Trails &Walking Festival 1,008 916 1,924
Project Reminiscence, Talks &Games 200 200
Isolation &Dementia Newsletter 591 591
13,377 262 13,639
TOTAL FUNDS 348,998 5,625 354,623
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund 165,401 (160,038) 5,363
Restricted
funds
Bridgend Buddies 150 (1,317) (1,167)
Isolation and Dementia Services 150 150
Education Room 1,000 (728) 272
Guided Walks (500) (500)
Tree Trails & Walking Festival 5,533 (4,617) 916
Building Maintenance 1,100 (1,100)
Isolation &Dementia Newsletter 1,115 (524) 591
9,048 (8,786) 262
TOTAL FUNDS 174,449 (168,824) 5,625

2022 2021
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 14,472 21,156
Gift aid 6,554 1,755
Grants 27,657 61,349
48,683 84,260
Other trading activities
Fundraising
events
7,907 5,689
Shop income 100,373 47,640
Trading income 4,094 1,016
112,374 54,345
Investment
income
Deposit account interest 264
Charitable
activities
Activities 4,300 519
Other income
Job retention
scheme grant received
4,794 35,061
Covid 19statutory
sick pay
770
5,564 35,061
Total incoming resources. 170,929 174,449
EXPENDITURE
Other trading
activities
Charity shop expenses 7,857 8,258
Fundraising
expenses
4,017 514
Trading expenses 2,634 607
14,508 9,379
Charitable
activities
Accommodation
costs
12,718 17,640
Office costs 12,913 9,797
Advertising 733
Sundries 175 65
Activitiy expenses 2,526 1,342
Project expenses 2,401 3,058
Freehold property 6,270 6,232
Fixtures and fittings 1,297 1,643
39,033 39,777
Other
Bank interest 5,108 5,062
2022 2021
Support costs
Finance
Bank charges 192 138
Other
Wages and employment costs 123,801 114,468
Total resources expended 182,642 168,824
Net (expenditure)/income (11,713) 5,625