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2022-06-30-accounts

Pages
Trustees'
Annual
Report		 2to5
Independent
Examiner's		 Report
Statement of Financial Activities
Summary
Income and Expenditure		 Account
Balance Sheet
Statement ofCash fiovvs 10to 11
Notes to the Accounts 12to 18
Detailed Statement ofFinancial Activities 19to 20

for the year ended 30june 2 022
Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
Notes E E E E
Income and endowments
from;
Donations
Other		 and legacies 34,793 16,489
1,890		 16,489
36,683		 1,260
62,646
Total 34,793 18,379 53,172 63,906
Expenditure
Other		 on: 44,388 4,702 49,090 39,872
Total 44,388 4,702 49,090 39,872
Net gains on investments
Net income (9,595) 13,677 4,082 24,034
Transfers between
funds
Net income
gains/(tosses)		 before other (9,595) 13,677 4,082 24,034
Other gains and losses
Net movement
in funds		 (9,595) 13,677 4,082 24,034
Reconciliation
offunds:
Total funds brought forward 40,905 13,580 54,485 30,451
Total funds carried forward 31,310 27,257 58,567 54,485

2022 2021
f f
Income 53,172 63,906
Gross income for the year 53,172 63,906
Expenditure 44,748 39,301
Interest payable 269
Depreciation and charges for
impairment offixed assets 4,343 302
Total expenditure
for the year		 49,090 39,872
Net income before tax for the year 4,082 24,034
Net income for the year 4,082 24,034

at 30June 2022
Company
No.		 05157617 Notes 2022
E		 2021
f
Fixed assets
Tangible assets 9 13,027
13,027 904
Current assets
Debtors 10 444 880
Cash at bank and in hand 46,447 54,050
46,891 S4,930
Creditors: Amount falling due within one year (1,351j (1,349I
Net current assets 45,540 53,581
Total assets less current liabilities 58,567 54,485
Net assets excluding pension asset or liability s8,567 54,485
Total net assets s8,567 54,485
The funds ofthe charity
Restricted funds 12
Restricted
income		 funds 27,257 13,580
27,257 13,580
Unrestricted
funds		 12
General funds 314310 40,905
31,310 40,905
Reserves 12
Total funds 58,567 54,485
East End Development
Trus
Statement ofCash flows
for the year ended 30June		 t Limited
2022
2022 2021
f E
Cash flows from operating
Net income per Statement		 activities
of Financial Activities		 4,082 24,034
Adjustments
for:
Depreciation
ofproperty,
plant and equipment
Dividends,
interest and rents from investments		 4,343
(36,683)		 302
(62,646)
Other gains/losses
Decrease/(Increase)
in trade and other receivables		 436 (726)
Increase/(Decrease)
in trade and other payables		 2 (262)
Net cash used in operating activities (27,820) (39,298)
Cash flows from investing activities
Payments for property, plant and equipment (16,466)
Dividends,
interest and		 rents from investments 36,683 62,646
Net cash from investing
activities		 20,217 62,646
Net cash used in financing activities (1,461)
Net (decrease)/increase
in cash and cash equivalents		 (7,603) 21,887
Cash and cash equivalents at the beginning
ofthe year		 54,050 32,163
Cash and cash equivalents at the end ofthe year 46,447 54,050
Components
ofcash and cash equivalents
Cash and bank balances 46,447 54,050
46,447 54,050

last year and no chan last year and no chan last year and no chan last year and no chan ges have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are avaiiable for use at the discretion ofthe trustees in furtherance of the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees		 for particular purposes
Revaluation funds These are unrestricted
funds which include a revaluation		 reserve representing the
restatement
ofinvestment
assets at their market values.
Restricted funds These are available for use subject to restrictions
imposed		 by the donor or through
terms of an appeal.
Income
Recognition of Income is included
in the Statement of Financial Activities		 (SoFA) when the charity
income becomes entitled to, and virtually
certain to receive, the		 income and the amount of
the income can be measured
with sufficient		 reliability.
income with related Where income has related expenditure
the		 income and related expenditure is
expenditure reported
gross in the SoFA.
Donations and Voluntary
income received
by way of grants, donations		 and gifts is included in the
iegacies the SoFA when receivable
and
only when the Charity has		 unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the		 SoFA at the same time as the
donations and gifts gift/donation
to which it relates.
Donated services These are only included
in income (with an		 equivalent
amount
in expenditure)
and facilities where the benefit to the Charity
is reasonably
quantifiable,		 measurable and
material.
Volunteer help The value ofany volunteer
help received
is		 not included in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from		 revaluing
investments
to		 market value
revaluation of fixed at the end ofthe year,
assets
Gains/(losses) on This includes
any gain or loss on the sale of		 investments.
investment assets

6 Other expenditure Unrestricted Restricted Total
2022		 Total
2021
f
Bank loan and overdraft (2)
interest
payable		 271
Other interest
payable
Employee
costs
Premises costs		 25,006
12,282		 25,006
12,282		 22,558
5,918
Amortisation,
depreciation,
impairment,
profit/loss
on		 226 4,117 4,343 302
disposal offixed assets
General administrative
Legal and professional		 costs
costs		 5,553
1,321
44,388		 586
4,702		 6,139
1321
49,090		 4,525
6,300
39,872
7 Net income before transfers
This isstated after charging:
Depreciation
of owned fixed assets		 2022
f
4,343		 2021
f
302
8 Staff costs 2022 2021
Salaries and wages 25,006
25,006		 22,511
22,511
No employee
received		 emoluments in excess off60,000,
9 Tangible fixed assets
Fixtures & Total
Fittings
Cost or revaluation
At 1July 2021
Additions		 47,722
16,466		 47,722
16,466
At 30June 2022 64,188 64,188
Depreciation
and
impairment
At 1July 2021 46,818 46,818
Depreciation
charge for the		 4,343 4,343
year
At 30June 2022 51,161 51,161
Net book values
At 30June 2022 13,027 13,027
At 30June 2021 904 904

10 Debtors
2022
f		 2021
f
Trade debtors
I'repayments		 and accrued income (342)
786
444		 120
760
880
11 Creditors:
amounts
falling due within one year		 2022
f		 2021
f
Trade creditors
Other creditors
Accruals		 (109)
556
904		 (62)
556
899
1,351 1,349
12 Movement
in		 funds
Incoming
resources
(including Resources At 30 June
other expended 2022
At 1July gains/losses
2021 )
f
Restricted funds:
Restricted income funds:
Virginia
House
Awards for All		 2,060
7,386		 (3,511) 2,060
3,875
Plymouth
City
CAF		 Council 114
4,020		 20,000
1,890		 (4,117)
(586)		 15,997
5,324
Toto/ 13,580 18,379 (4702) 27 257
Unrestricted
funds:
General funds 40,905 34,793 (44,388) 31,310
Total funds 54,485 53,172 (49,090) 58,567

f tbtn funds
13 Analysis onet asses ewee Unrestricted Restricted Total
funds
f		 funds
f		 f
Fixed assets
Net current assets		 678
45,540		 12,349 13,027
45,540
46218
14 Reconciliation ofnet debt
At 1july
2021
f		 Cash flows
f		 At 30 June
2022
f
Cash and cash equivalents 54,050
54050		 (7,603)
(7,603)		 46 447
46,
Net debt 54,050 (7,603) 46 447

for the year ended 30J un e 2022
Unrestricted Restricted
funds funds Total funds Totalfunds
2022 2022 2022 2021
f f E
Income and endowments from:
Donations
and legacies
CAF		 1,260
Plymouth
City Council		 20,000 20,000
Awards for All (3,511) (3,511)
16,489 16,489 1,260
Other
Rental Income 26,347 26,347 23,461
Venue Hire 3,294 1,890 5,184 2,165
Elder Tree 4,600 4,600 600
Covid-19 Grants and Coronavirus 552 552 36,420
Job Retention Scheme
34,793 1,890 36,683 62,646
Total income and endowments 34,793 18,379 53,172 63,906
Expenditure
on:
Other expenditure
Bank loan and overdraft interest (2)
payable
Other interest payable 271
269
Employee costs
Salaries/wages 25,006 25,006 22,511
Staff entertainment 25
Clothing costs 22
25,006 25,006 22,558
Premises costs
Rates 2,185 2,185 1,675
Light, heat and power 1,543 1,543 582
Premises cleaning 633 633 489
Premises repairs and 7,921 7,921 3,172
maintenance
12,282 12,282 5,918
General administrative costs,
including
depreciation		 and
amortisation
Depreciation
of Fixtures		 8 4,117 4,343 302
Fittings
Bank charges 84
Equipment
leasing and		 hire 259
charges
East End Development
Trust l.imited
Detailed Statement of Financial Activities
Tea, coffee and biscuits 241 47 288 38
General
insurances		 2,469 2,469 2,092
Software,
lTsupport
and related
costs		 766 304
Stationery,
postage and printing		 550 550 792
Subscriptions 35 35 35
Sundry expenses 638 539 1,177 107
Telephone,
fax and broadband		 770 770 813
5,780 4,702 10,482 4,827
Legal and professional
costs
Accountancy
and bookkeeping		 1,321 1,321 1,516
Other legal and professional
costs		 4,784
1,321 1,321 6,300
Total ofexpenditure
ofother costs		 44,388 4,702 49,090 39,872
Total expenditure 44,388 4,702 49,090 39,872
Net gains on investments
Net income (9,595) 13,677 4,082 24,034
Net income before other
gains/(losses)		 (9,595) 13,677 4,082 24,034
Other Gains
Net movement
in funds		 (9,595) 13,677 4,082 24,034
Reconciliation
offunds:
Total funds brought forward 40,905 13,580 54,485 30,451
Total funds carried forward 31,310 27,257 58,567 54,485