Reglstered numb8r.' 05692427 Charlty number: 1126266 Sunlight Development Trust Ltd (A company Ilmlt•d by guarantee) Unaudltod Trusto08' report and flnanclal ststemonts For the year •nded 31 March 2021
Sunllght Development Trust Ltd IA company Ilmited by guarantsel Contents Page Rofornnce and admInl$trat d•talts of the charlty. Its TrustM# and advlsorn Trusts•i' rnport Independ•nl •xamlnorf¥ r•port 9-10 ststement of flnanGlal actlvhles 11 Balance •h••t 12 Notss to th• flnanclal •tat•m•nts 13-27
Sunlight D•vèlopfflgnl Trust Ltd (A company l•mitod by guarnntsel Refernnce and administratlve dètsits of tho charlty. Its Trust••s and advi80rs For th• year endèd 31 March 2021 Mr S C Millard Mr R L P Gallagher {resigrbgd 26 August 20201 Mr A Banjoko Ms J McDonagh Ireslgntrj 13 May 2021) Ms R L F Turpin Mr M Durcan (resIgd 26 August 20201 MrAPri Mr I Chapt L Mayo P crk K Barker (appointed 1 January 2021) Company rng13t•rnd numbar 05692427 Ch•rfty regl8t•rfjd numbèr 1126266 R•gl8t•r•d offlce The Sunlight Cen 105 Rithmond Road Gilllngham Kent ME7 1LX Company ••cr•t•ry Mr M Durcan Ireslgnèd 2610PJ20) Mr I Chappo11 (appointed 26108r20} Chl•f •x•cutlvg officer Mr M Slssons Accountants Kreston Reeves LLP Chartered Accountsnts Montsgue Place Quayslde Chatham Maritime Chatham Kent ME4 4QU Banker• Unty Trust Bank g Bllndley Pla Blmilngham B12HB
Sunllght Devèloprnent Tnt Ltd {A company limlt•d by guJranlee) Trusts•s' report For tho yoar end•d 31 March 2021 The Tnjslees are pleased lo present their rnp)rt and finanual statements of the tharily for the y•ar 8nded 31 March 2021. Thls year was unllke any other year In the history of the Sun1ht Devetopmenl Trust as durSng much of the period the organisatson was operating within 8 gkthl pandemic. COVID 19 affected and continues lo impact on the global communty. and th8 local community was no different. The Trust needed to adapt and change its offgr lo both meet national local restriclions and still meet th8 need8 of ils, service usern. Although the activitigs and perfonnance outlined in this report ar6 simllar the pracliealib'es were oftan very different, and thanks n8ed to be given to the committed team of staff and volun18ers to ensure all service usèr n6ed$ were m81 wherever pos8iblfr. Structuro, Govom•nce and Manag•mant The TnJ$tees {who are also dire(kn of thg tharlty ft)r th8 purposes of the Companies Act) presènt IheST Annu81 Report together with the audited financi81 st8t6ments of Sunllght Development Trust Limited Ithe company) for the year ended 31 March 2021. The Trustees ts)nfimi that the Annual Report and financial statements of the Company comply vllh th8 curr8nl Ststutory requlremonts. the requiremen18 of the companys goveming document and the provisions of the Stslamfrnl of Recommendad Practice ISORP)'Accy)untlng and Reportlng by Charities. issued in March 2005. Con•tltutlon The company Is reglstered as o charltable comp8ny limrted by guarantee,. 11 was sèl up by a Memorandum of Association on 31 J8nuary 2006 and registered 88 a charity on 13 Octob6r 2008. The chadty number is 1126266 and the registered company number IS 5692427. The regislerad address of tha charity is the Sunllghl Cenlre. whi¢h Is an award4vlnning heallhy IMrwJ centre In Gllllngham, KenL The companls principal objects arn the reductlon of hgalth and soclal inequality through communlty developmont by Ihe prOvlon of services and facilitN?8 for the h)¢91 c4Jmmunlty and boyond. M•thod of appolntm•nt or el•ctlon of Trusto•• The management of the company18 the responslblllty of Ihe Tru$lee8 are 6le¢lod and c(poptad under the terms of the Articles of Association. Inductlon and tralnlng of Trust••s The Board of TnJsl8es has the power to aFwlnt additDnal Trustees. The Company has detailed rolg descriptlons for Board members in general. and for those wlih specific rofes. The recruitment of Trustees Is carried out using outsido recriJitm8nl agenues, professional tody organisations such as Reach. th8 Volunteer Bureau website and advertising amongst other collgagues and partner agencies. Through robust recruitment methods the company endeavours to reach groups of people who are under-r8presenl8d in ils employTnenl, thos8 are member5 of the local communty and thos6 who can bring rebvanl skills and experigncfr to the Trusleeg are appointed to the Board following a formal inteThiew 8T selection process whith indudes Tnjstegs and may involve Trust staff aNJ I1 communty membern. Prospective TnJslees meet wth an existing Board member following receipt of a CV to disc8 with them th8 skills and areas of expertise that they would bring to the charity, and they ar8 invited lo observe and path"upate in a meeting before a final decislon is made. Relevant diligence checks are completed prior lo the new Trustee belng formalty welcomed to the Board. Serving Trustee Board Memr$ are listed aVe. the posilion of Treasurer remains va¢xnl. Steps are being taken to fill this role. The Induction and training of trustees have wovfvjed diffieull for this reFL)rtiro p8riod as the usual process of meeting and working alongsKle staff was not POSS1te for much of the year due to COVID 19.
Sunllght Devglopm•nt Trust Ltd (A company limltsd by guarantse) Trustsos. report {continuedl For the y•ar end•d 31 March 2021 Oryanisatlonal Structure and D•clslon4l•klng In addition lo regular Board Me8tings. tho Trnsltss undertake strategic. business plannlng and development aetivilies including personal reSponsi.¢1tieS for financ. fundrdising. propety man8g6ment. health and safety, legal, equal opportunities and drvorsity, personnd menknry 8Th1 the staffing sulHy)mmitte8 wtth members of the senior management team. as appropriate. The Board refer constanty to ¢ommunity obiecllves Ihrough regular Involvement with ovents and activities h81d y the organisation. M&mb8rshlp of the Board is drawn from th8 Ic1 community and Trustees operate as ambassadors with local organisations through thdr n6trwothng and dlrgct involvement with many of the communities of interest associated with the Centre. Rlsk Manag•m•nt The Board of Trustees have over811 responsibility for Ihg system of Inl8mal ¢ontrols for the ch8rlty. Robust rin8nci81 policies and delegated authority as well as pericj1¢ vlslts by exlemal 8ccountants ensure that th ompany adheres lo financial policies 8nd Procedures. Tha charity operates a compreh8nsiv8 budgeting proce$¥ which is approved by the 8oard and manag8menl acc4wnts sWng a¢lual fln8n¢i81 results agaSnst budget are made lo the Trustee8 al 88ch Board meeting. The Trust engages the accountsncy fimi Kreston R88ves for lThJep8ndent eXamInaOn ol the 8ccounts. and oxpert advice on matters relabng lo charity finance. paymll. p8n&ons, and VAT. During th8 r. the Trust continued lo engage a so]i¢ilor and surveyor for propety mallers nCernIng the lease and rent review on an as and when required basls. Thè Trust conllnues to engage Ellis Whltsm as the extemal employment and health and safety advisory S6rvi¢o Indijding the annual undertaking of healtrt and 5ofety audi18, 8UPPOrtlng risk assossmenl, and guidance on rfsk management. Advte Is rrmjtlnely soughl by the Trust on human resourclng maller5. the management of ¢h8nge and employment related contr8Ctual matters. Flnancial pollci•s form part of every Indutttlon and all stsff are offered tr81ning on 8nd are requlred to slgn an anti- bribery dedaration slating Ihal they have read and understand the contents of the Anti-Brib8ry policy. Inlgrnal controls are in place in relation to tho authorisalion of all transactions and planned expandllure to maintsin flnanclal control across the organisation. Robust procedures are also in place to ensure the health and safety of all staff, beneficiaries, Trustees, and othèr visitors lo c4Jr Centre and MPrehensiVe inspectlons arg completed to ensure leg81 complian¢e as well as best practice. The standards expected in relation lo the s8rvlces provldod to our beneficiories are cle8dy established 8nd 811 staff work lo ensure the very best provision of infomialion. guidance, help and support lo communty members in contscl with Sunlight. DataY m8n8gemgnl of Trust wlde polici9¥ Goverfn9 rlsk and servite piDv151on 15 ddega1j to Ihe Centre Manager. Chief £xecutlv8 responsible for regular monitoring of their effectiveness. TNste8s approve any change8 to such policies and procedures and rogulady review thèm as appropriate. Alms and AGtlvltl•s. In setting objectives aTKI annIng for actr¥i118s. the Trustees have given due e4Jnsideration to general guidance publishod by the Charity Commission relating to publi¢ benefit and lo ils suppl8mantsry public benefft guid8n¢o. How Our Actlvltlos Deliv•r Publlc Bono The Trustees have referred to the guidance tsIned In the Chaiity Ccffnmissfjon's general guidance on publlc benefit when reviewing our aims and objectfves arKI in planning our future activities. In particular, the TN$le8s consider how planned activities 11 contribute to the aims and objectives Ihey have seL Our main aims and objectives ar thg poo we work with ar8 dewibed bek)w. The Medway population is diverse. and this continues to be reflec in fhe characteristics of people and interest groups making use of the facilitses thIn the Sunlight Centre. A wde variety of communty groups and organisations use the centre frcffi Monday to Surthy each week. as athwty and meetrng spac8. AJI our charitable activrties fS tsckliThJ Wbnding health and Sla1 inequality 8nd multiple
Sunllght D8volopmgnt Trust Ltd (A company limited by guarants•) Trustees. raport Icontinuod) For the y8ar ond•d 31 March 2021 disadvantages through an ass8t-b8sed appro¥h to Mmunity d8velopmenl. We th) this in partnership with local agencies. local businesses and most NnpLYtsntly. local Peop and communitres" ry>producing a creative and inclusive community offer. The charity man8ges the SunlKJht Centre which is open from Monday lo Sunday. hosts a GP surgery, pharmacy. family centr8, recording studio and radio stslion; and prowdes a variety of meeting space used by in excess of 45 communhy as50cialions and groups. The centre is a thriwng hub from wthin which we deliver a comblnallon of work streams & projects wholty funded aNJ run by the Twst The users of our seyvlces are of all ages, are both malg and female, of all b8ckgrourKls and all have a nead to usa the rang8 of services wo offor. However. the year rdating lo this report has been very dffterellt wth the Sunlight Centre being closed lo the publlc for muGh of the year due lo COVID 19. During the first lock down the GP Surgèry closed completely and has since reryopened M a limited basis with a dlffefent managlNJ pra¢tiGe. The Famlly Cantre has remalned open throughout thls and as a resuft the stsff team al the Sunllght Centre needed to ensure the tmjilding remaiMd aeSble. The radlo $latyon rgmained dosed for tho first IcKkdown bul has sln(* ro<4). The r8t>yding studlo has also r8mainèd Glosed through much of the yBar. Commlssloned servlces contlnutd when they were p8m)ltted. Sunlight carries out a wide range of activrties in pursuance of its charitsblo alms. In particular, our 8ims have been to enable individuals and community groups lo access 8 wde and diversa range of programmes,. providing accessible, inclusive and me8ningfvl local opportunilles,. tackling SOCAal Isolation and buildlng 80C181 capital,. promotlng wellbelng, facilitating access to emthment. Suppng communlty led actlon and ¢hang•, tackllng $QC181 inlusliee and f8cilil8ting independence. Ov•bvl•w of actlvlty The Sunlight Devglopmenl Trust is in a unlque posttion a$ it comes out of lockdown following th¢ global pandemic. Although the cgnlre dose(I for several months folh)wing central govommenl guidance il managed to contsnu8 lo delNer som8 of its seThicos and to support other organlsaknn8 to ntInue to doliver their services. Medway Men In Sheds 8nd the Well Being Café continuod th Sheds and without 8 Café. Tha ifflpacl of serv1ces was sllll acutaty felt by Ihose s8ryice users vtho benefitted. This uThJeding8 how creatlvlty and lal$ral thlnklng ¢on retyull in the right outcorne. Numbers affected by lockdown and the Impact tt vlill have on I81 rosidents on Medw8y has yet to be truly measured and without the services provided through the Sunlight Centre. many local residents would have nowhèro to tum for the 8UPPOrt they need. Tha agreed strategy is to maximise the impact of current services and to consider service dev81opmont opportunilieg. 11 has also boen to focus on new ways of workiro to meet tho needs of service user8 and to extend the reach of the service further bewnd Gillingham. During lock down consider8bl8 èfforts were mad& to stabilise the org8nisation through securing fin8ndal arr8ngemenls with tenants, our landlords Medway CounL?l arKJ the GP Surgery. There have been challenges lo overcome but the staff team has rnanaged to address the issues faced. Tough decisions have also been made during Irxk down. which have indud8d the dosure of Café Sunlight. which atthough a separate CIC has been 8 dFain on Sunlight's resourcos for some time. The café may ro-OP8n again in the future, but this is likdy to be in partnership with another organisalx)n to minimise the liability placed upon the Trust. As the Trust moves out of lockdown and things start retuming to relalively nomial. a new Strategy needs to b8 dev81op8d to meet the changing needs ol the local FKspulation.
Sunlight Devglopmgnt Trust Ltd {A company Ihnlted by guarant•e) Trusto8$' rnport l¢ontlnu•d) For the year ended 31 March 2021 Additlonal funding has also ten secured to establish now cline serwe8s and projects to get service users online. The Sunlighl Development Trust is not limited lo the Sunlight Centre. All)lIgh historically thi5 has been the case the future needs lo be different for The Sunlithl Development Trust to have a brighl futur8, not only in Gillingham bul aeross thè whole of Medway. Stratsglei for achlevlng oblocths. l. To assist in the reduction of lonstanding health and social inequality by developlng and dellverfng servlces which gre croalive and of hkjh quality. 2. Ensure the Trust Is flnancialty Sustainab for 2021122 and beyond. regaT(lIe of In yaar movement resultlng from chang89 lo eamed income levols, conlracts. or grants 3. Conlinug to delivèr I(1 soc181 imp8Ct through the managomont of the buikllng, dellvery of th8 Community Café, and developing and enabling the participation and invdvemenl of communltle5 In th8 woth of the organisalion. 4. Ensure the Trust has a posltlve repirtallon, and 18 kleDngd a8 • robusl. rellable. hlgh quallty provlder organlsalion withln the local economy. 5. To assl81 people 8xp6riencing mults'pb dis8dv8ntsg8$ In Medway to get tho right Support to help them wlth Ihelr health and wellbeing, educatM)n, and emph)neAl 6. Conllnue lo develop the business readiness of tho organL88tlon and se(>Jre new buslno68 OPPOrtuniti88. in lin8 wllh the charills primary purpose 7. Ensure Trust govemanL arrangements are rol)u$t. arwj ts oryanisatlon complie5 With ststutory r¢$pon8ibililies and strong and effective man8gemont is in place. 8. Continue to provido a range of hlghquallty o)mmunity proio¢ts In Ilne th8 primary purpose of the chadty. AGllvltl•8 for achlevlng obJ•ctlv••. In line with tho strateglc priorities of the Trust aTrJ ass¢¢lated business plan, in year advty of the 808rd and manaoemenl executive h85 fSed on the fOlk)vng. Monthly manag8m8nt m88Ungs bets¥egn tho Tnjsl Chair and CEO; regular organisalional development $88slons th Trustees and staff to supwt govemance: review th8 TTusI's stratagi¢ alms and buslness plan, monitor progress, manage risk and succession planning: and recruitrnenl of naw Trustees. Trust staff training relating to key responsibilities and staffing matters such as employment law. heallh, 8nd safely. first aid. fira and food hygiene Is undertaken online through the Ellis WhM trainirwJ portal. Addit)nal external training is taken up for service specrfio requirements. Regular r•vl8ws of the Trust's bud9at and slrnle9les for m8nagln9 ne9ative movement In y•ar by th• CEO: Finance Manager and Trvsl Board. Strategic and operalional managemenl of property matters including income from 18as8s and service charges, 8 rent rnview by Ihfr ILKal authcKity. and income 88mvA through room rgntsl. rehearsal space and other serwces. Management of the day-tfHlay relations with tenants. licensees, tIdirJ usors and ts)mmunty m8mber8'. provision of affordable meeting space for communtty grwps and local services seven days a week, Improvement to and rgfurbishrnenl of intemal and extemal facilibes. as n8cess8ry and when possible. Mainlenance of the lease for the community garden and access to this by the High Hopes Gardening Group. enabllng communlty access lo and engagement in green space activitses via the Otway Street lease ensuring that il is used for the cr8alion of a community garden. enli5b.ng the help of Community Pa[ in the preparation stsges. To keep the Sunlight bull ding aVaIlae. a(wsible. and sale for the use of local people 8nd olhors within the Medway community. Working closely vmh Medway Counal to achieve an affordable rent and longevity of lease. To improve lrfe skills and lrfe chances by enabling a range of al. welfare, educational. training. development. and health activities lo lake place at the Centre which responds to the needs of l¢xal people by ensuring tsrgeled marketing and adverknsing. This continue into and thrlwh 2021 with training beiThJ fO$sed on benefiaarf8S attending the Men in Sheds and the Wellbeing Café sthemes.
Sunllght D•vèlopm•nt Trust Ltd {A cornpany Ilmitsd by guarants• Trusteès. rnport (continu) For the yoar endod 31 March 2021 Delivery of services funded through contracts abong Vth the required outcomes and active participation in local and national strategic initiatives assoaated th thgmes of inter681 to the Trust, such 88 equality., wellbeing., loneliness and social isolation. Delivery of community focused adivilies whelh8r fvndgd directy by th8 Tru8t. through individu81 user p8yn)enls, grants, donations, or other forms of fundraising. Managing lh8 Twsl's treding subsidiary, Café Sunlight has been closed due lo the impacl of COVID 19 as il has beco finalaIlY unvlable. The trust would like lo thank the staff who were made r8dundant bècausa of this decision for their contribution to a v8ry well thought of service. Contra¢ts grants, and Gommunlty devglopmont actlvlty During the year, tha Medway Men in Sheds Schem was rfrcommissioned. highlighting how highly thought of It is in M8dway. The scheme provides preventabve support to reduce soclal isolatson and improve the mental health of man over 25 who are not in employThent and tIrees. as ihese are most al risk of suicide. The Medway Wellbeing Café delivered on behalf of Medway Clin1 commissning Group is framed around th8 concept of 'Go1 Together. Le8m Som8thing New and Have Fun.. The servth promotas mental wellb8ing by providing a safe place lo attend wfth acllvllies and sodd supwt for poopbe wt) may otherwlse use unpl8nned carg services such as accldont and Emefgency. NHS 111. Modoc. thg ¢Tlsis tèam or be tsken into police custody. The w811 Bein9 Café has also an èxtendad unlll tha end of March 2021. Sunlight Studlos remlnad op8rntk)nal durlng thls yaar when it ¢oukl due to national and local lockdowns and provlde studio rehearsal space and sound engineering s&rvic8s lo local muslcians and communlty members. Thg Studio also provides technical supwrt lo community music inibatlv88 and works jolnlty with Radio Sunlight ¢0 promots community engagement and partlcipalion in events, music. and broadcasting. The Trust supports eommunlty members and groups lo operate alongsldé the organlsatlon whllsl retainlng their indopgndence, and volunteers contsnue lo make a substsnlial conlribulion. The support provided has been limited in this Trpori'ng period bul us gradually coming back to full Strength 88 lod(down e88es. Café Sunllght CIC The dgcision to dose Café Sunllght w88 tsken in June 2020. Thg h&J baen dosed since lock down was 8nnounced bul had not been perfomiing financially for soma time. Athough changes had be8n madè both to th8 51affing structure and to the SeThI delIve not am thg ro¢ommendalions had been Im8m9n1fjd and flnanc4al perfom)ance had not improved. New management Is belng consldored for Ihe café but untll Such M•S as Pandem1¢ IJ ovor It l¥ very dlfflcult to envisage the cafe rewopening In extremely chaHenging times. Time and conslderallon will be taken to make the right decision for the future of the café. The r6sour(* r( provides is still beiThJ used by olhgf seNices and regular users of the café are being supp(Kted. Rent revlew The rent review was completed in Juty 2020 an agreed rent liability of £19K per annum from 0110412020. This is offset by Medw8y Councll taking on additM)nal rooms at a eost of £10K per annum. A repayment plan Is belng planned to cover the pwmjd of 2017 to 2019. As part of this procass the Trust agreed that the mathet rat8 for the building was just over £58K per annum. The next stage is to consifler a new tease for the building. Negotiations a UndeaY regarding the lease and a new 10-year lease is being discussed th the landlords. Medway Counal. IT Infra4tructure The Trltst secured funding lo improve its IT Infrd-structure. Th¢s induded moving all the IT resources onto MS 365 enabling more staff lo work effectivdy from home. Public access personal computers were also updated as was the public ac&% WIFI. This syill help deliver more digital services but also give the local POPLblation inlemet access in a safe and socure environment.
Sunllght Dèvelopm•nt Trust Ltd {A company Ilmlted by guarant••l Trugtees. rèport Icontinu•d) For Ihg year ondod 31 March 2021 hievements and perfornian a. Golng ¢onc•m. After making appropriate enquiries. the tnBtees have a reaxwbb expe(ation that th8 ¢omp8ny has adUte resources lo c£)ntinue in oper8tion81 existen for the foSeeable future. For this reason, the truslees have continued to adopt the going concfjm baws in preparing the financial statem6nts. Further detsils règarding the adoptlon of the golng concem basls e4n be found in the Ace4)untsng PolIeS. b. Revl•w of act1¥1•• The Board actively oversees financial resou$ and risk tolerance5 wlth the management execuuve. S&rvices provldad und8r conlr8Ct are subject to fomial contract monitoring arr8nggmenls. whiGh indudes the regular rgporting and review of Kéy Performance Indicato and Outcomes achieved lo cornmlssionefs. Quarterly and annual re[, whlch us8 the requlred methodology for dats ¢o11oction and analysis, are produced for Ihis purpose. Comments. Gomplaints. and compllmenls from communlty members using the c8ntr8 facilllies or services provided are recorded and dealt th in line Mth Trust policy. Where possible concems or comp18inls are addressed and resofved through discussion or escalated through the organisalion and revl$wed by th¢ Board, as necessary and 8ppropriate. During 2020121 the process of revi8wing organlsatlonal pcAicy and proc8dur88 conlinuod in lialsc with the exl8rnally commi88ioned employTment advisory service rgsulting in a revised Staffing handbook. An Internal revlew of other pollcles and procedufys 11ng In several thanges to practsce arKI an updats of exisllng policies. New pclides wgrg also d8v8lop8d ar la. Aclivittes and seThices delivered by the Tru81 seek feedback from parti¢ipants in a varlety of formal and Infomial ways. Survey5. questionnaires. vbal and written feedback and group reflectlons are usgd. Feedback including comments, complaints and compliments is reviewed by th8 mgnagèmènl exècutsve and rewrted as part of ntract or want wmltoring, aThJ in repts as necessary for Board meellngs. Iv. c. Factorn r•l•v•nt to achlovlng obj0ctlv. The overjIng alm of the organisation is to reduc¥ hoath ond soaal inequality through community development 8nd. in line with the organisalional ethos. Involve the community in the design. operation and d611very of aclivltles and services delivered. The National Occupational Standards for Communtty Development work and related practlcé protocols are used to infomi relevant ar of pr8ctice and dolivery In line with this. Flnon¢lal r•vl•w Roser¥e'6 pollcy The org8nls8tlon 8lm5 to bulhJ effecljve levels of r&8erves In Ilne vAlh thls pollcy over the nexi f¢vo ygars, bul It I rewnised that this is a challenging objective due to Ihe impact of COVID 19 on nomal trust actwlty. Rèserves policy is aiming for three months in resefvgs Prlncipal fundlng The principal funding sources are incm oamed through leages and prem18es rental, delivery of services, contracts and grants, and fundrdi5ing actiwties. Naw funding streams need lo be identified and explored to learn from th8 impact of COVID 19. Plans. The Trust will strive to deliver inrKwativ8 and indusiv6 geNILX in line with the primary purpose of the harity, its slrdtegic priorTbes. community asplrations and the requirements of public seryice commissioning. This will indude devdoping and delivering schemes focused on he81th and wellbeing, equalrty, mental health. social isotation. loneliness and the alleviation of poverty and hardship. The Tnjsl will endeavour to do this in partnetship wtih local people. community OrganisatnS and commissioners. These activities enable Ihg Trust to work in a meaningful and preventativ8 way in rglation to thg h8alth and wellbeing of local people whilst maximising the potential of facilities on the Sunjht sile. The Trust will continLte to resn to opportunilies for the delivery of local services and forecast growlh in the social enterprise sedor. The management team will involve slaff, trusteos. and community groups in assessing and leading local responses to the OPF(Ktunrli8s that arise. The Trust will continue to actlvely explore and develop sector level parbierships in supwrt of this agenda and seek i)pportunities for collaborative working and diVers['rWj funding streams.
Sunllght Development Tt Ltd IA company Ilmltad by guarants•) Trustees. rnport Icontlnuod) For tho yoar ended 31 March 2021 The Trust will wntinu8 to engage in an intenlional manner with the communty. strategic partners. local MPS. and deusion makers. ¢ating and identifwng opportunib'es to support community empowem)enl and community le(1 action. Negotiate in relation to the lease. Investrnent readiness and asset transfer will be driven foard, with a long-lem) aim of acquirirvJ the freehold of thè Sunlight Centre and local green spa¢e for the benefit of the community. The Tnjsl has updated its Ixjsiness plan lo In¢ote its fundralslng strateoy and pay attention to granl income. Applications to grant making brxlies will be developed to work on several schemés which it is hoped will18ad lo long-tsffn. gainful employment and t)gtter employment opportL*nitigs for our beneficiari8s. Continue lo apply for grants and lender for services %thich are MpatIbl8 vitth its aims. to draw lunds into the Irjcal economy and increase local social capital. Continue lo engage in an intenllonal manner with the community, Strateg partners, local MPS, Councillors, and decision makors. cr8ating and identi(wng opportunities to Supp ¢ommunity empowemient and community4ed acn. vlil. Further development and improvement of the business readiness of the Twsl will continue, Induding a view of the assets and infomiation technoY avallable lo the Trust. Continue to Inv8sligale opportunities for doser worklThJ wsth Ilkeminded oryanlsatlons whlch bdngs mutual nafit to all parties and an onhanced seryice 10 th8 end usor. iv. Tru8t•M' rnapon•lbllltlu 8tal•m•nt Tho Trustees (who are also directors of Sunlight Devekjpmènl Trust Limr¢ed for the purpose8 of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with appllcable law and United Klngdom Ac¢ounling Standards (United Kingdom Generalty Accepted Accountlng Pr8clicel. Company law requlres Iho Trustees to prepare finarKial statsments for each ffinandal year. Under company law the Trusleos must not apprové the financial statements unless th6y are satisfied that they giv8 a true and f8ir vlew of the slate of affalrs of the chartt8ble ¢ompany and of the incomlng resources and appllcatlon of resources, indudlng the incomo and 8xpendilure. of iho charitable company for that period. In preparing these financi81 81alem8nls. th$ Tfustee8 are rwjuired to: 881ect 5Uftable accounting Oicieg and thon awy thom con8i8tenlly. observe the methods and prinaples In the Ch8ribes SORP. m8ke judgments and 8ccounting estimates that are reasonable and pNdent. prepare the financlal stslèm8nts on the ongoing concem basls unlgs¥ rft i¥ inappropriate lo pre8ume th8t tha charttable company will contsnue In ¢)peratlon. Tha Trustees 8r8 responsible for keeping adequate accounting record$ that are sufficSent lo show and explain the charitable companys transactions and disclose wth reasonable accuracy al any time the ffnancial position ol the charitable company aNJ enable them to ensure that the finanual stalgments comply the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable MpanY and hence for taking reasonable slaps for the prevention arKI detection of fraud and other irregularities. In preparing thls report. the Trustoes have taken thantage of the small companys exemptions provlded by sectlon 415A of the Cornpan Act 20[. Approved by order ofthe members of thg board ofTnJstees and slgnad th8ir bghair ty. MrAPrl Chair
Sunllght Development Trust Ltd IA company lirnttsd by guarantse Indep8ndbnt gxarnlnerfs roport For tho yaar ondod 31 MaKh 2021 Indapèndgnt gxamlnerfs rnport to the Trnstses of Sunllght Dovelopmont Trust Ltd h8 charit) I report lo the charity Trustees on my examination of Ihe aCcnts of the charity for the year entJ8d 31 March 2021. This report is made solely to the Charitys Trustees, as a bcjly, in accordance wth Part 4 of the Charilles IAcwunts and Rewrts} Regulations 2008. My work has bgen undertaken so th8t mighl state to tha Charttys Trusle8s those matt6r5 1 am requlred to slale to them In an Independent examlnefs report and for no other purposg. To the fullest extant pemiittad by law. I do not accept or assume respon8ibillty lo anne other than th6 Charity and the Charitys Trustees a$ a body. for my woth or for this reporL R•sponslbllltlos and bMl• of r•port As th• Truste8s of the charity (and its dlreclors for the wrposes of ¢4)mpany lawl )U are responslble for the pr8paratlon of the accounts in accord8nc8 wlth the reqUIrents of tha cc1npIes Act 2006 ('the 2006 ACVI. Having satisfied myself that a¢o)unts of the charlty are not rwulred to b8 aLKJlted under Part 16 01 the 2006 Act and are ¢ligib18 for independent examinatlon, I report in r6sp8cl of my frxaminalion of th8 tharitys accounts earrled out under 59Ctlon 14S of the Charities Act 2011 Ilhe 2011 Acf). In Carng out my examlnatton I havg followed the Dlrections glven by the Charity Commission undor section 145(5llbl of tho 2011 Act. Ind•p•nd•nt •xamln•e• 8tstem•nt SSnce the charitys gros$ ineAyno exceoded £250,OCKI your examiner musl be a member of a body Ilsted In sectlon 145 of the 2011 Act. I confim) that l am qualif to undertake the examinatlon bocausg l am a member of the In$lilute of Chartered Accountants in England and Wales, which Is one of the listed bodies. I have completed my examlnatlon. I confirm that no matt8rs. othor than those fulty detsiled below, have come to my attention in ¢onn8ction the examination gMng me reasonable c*use to bellave that In any material respect.. accounting records were not kept in re¥oct ol Ihe (knrlty as requlred by sectlon 386 of the 2006 Act,. or the accounts do not 9r{l wth those re(xsrds', or the aount$ (Jo not comply th tho a(xtwnb"ng fequir8mentg of sethn 398 of the 2¢))6 Act other than any requirement that the a¢eounts give a and fairf wew whbch is not a matter considered as part of an independent examlnatlon; or the accounts have not been prepared in o¢cordance wilh the mettKMts and principle8 of the Slalement of Recommended Practlc8 for accountlng and rewtng by charibes lapplicable to eharities preparing thelr 8ccounls in accordence the Financial Repting Starvjard applKable in the UK and Republic of Irgland (FRS 10211. I nfirM that there are no other matters lo which ur attenn should drawn to enabla 8 propor understanding of the aftts lo be reached.
SunlFght D8vglopment Trust Ltd {A company limited by uu8rantee} Indopendent examln•rf3 report {eontinuod) For t y•ar ended 31 March 2021 Emphasls of Matter I draw attention to nots 2.2 kn the finan81 ststsmnts describes the uncertalnty related to the Charfty8 8bility io conlbnue as a goiNJ corthm. I conflrm that there ere no other Matte lo Vr attfjntton thoulj bo rlrawn to ènabla & proper understanding of the actounts to be read*d. Slgned.. D8led.. 16 July 2021 S Roblnson BA FCA FCIE DCIKA MCMI Kr•iton RMv•s LLP Chartered Accounlant8 Chatham Maritsm8 e10
Sunllght Developmant Trust Ltd (A company Ilmltad by guarnnt•&) Statement of financial actlvltlos (Incorporatlng Incomo and oxpondlturo account) For th• year •nd•d 31 March 2021 Totsl fund8 2021 Total fvnds 2020 nds 2021 funds 2021 Income Irom: Donallons 8nd legaues Other trading acliwlies Inveslm8nts other income 79,250 106,455 245,705 187,702 298 227,127 2,217 196.968 18,801 196,968 18.801 Total Incom• Expendlturo on: Ch8ntable aclivi118S 79,250 382.224 461.474 417,344 79.123 314538 393,661 475,389 Total oxpendltur• 79,123 314,538 393.661 475,389 Not Incomoll•xpondltUfg1 Transfers beeen fL4nds 127 (5841 67,680 67.813 158.0451 18 N•t movom•nt In funds Rocon¢lllatlon of funds: Tol81 funds brought for Nel movement In furKIs (457} 68.270 87.813 {58,0451 457 (4571 (75,023) 68,270 (74,366) 67,813 116.5211 158,0451 Total fundi carrf•d fonvard {6,753} (6.753) 174,5661 The notes on pages 13 to 27 fomi part of these finanaal statements.
8unllght Development Trust Ltd {A company Ilmlted by guarantse) ReglsteTed number: 05692427 8alance shaet As at 31 March 2021 2021 2020 Note Flxed assèts Tanglbl8 assets Investrnents 11 12 Currènt x¥ut• Debtors Cash al bank and in hand 13 14732 90,535 110.672 10,302 105.267 120.974 Creditors.. amounls f8lllng due wthln one year 14 (176,9571 Not curr•nt Ilablllt(•# 15.512) (55,9831 Credltors.. amounts falling due after moro than ong year 15 12,087) 118,5841 Total n•t •u•t• 16,753) 174,5661 Ch8rlty funds Rèstricted funds Unreslricted funds 16 457 175,0231 16 18,753} Total funds (6.7531 174.5661 The charity was entltl¢d to exemption from audit under section 477 of the Companies Act 2006. Tha m•mb•r¥ hav• not req¢Jlred the company to obtain an audlt for th¢ yvar In WOn In ac¢ordJncv th 8ecllon 476 of Companies Act 2C(6. The Truste8s acknovAedge Iheir reSnsibilitieS for tMpln9 wilh the requirements of the Act wlth resp8Ct to accounting records and preparalitin of finanryal slatomenl& The flnanclal slalements have teen prepared in accordance with tt18 pyovlslons appllcable to entitiès subjÉcl to the small companies regimo. The financi81 ststefflents wore appTo¥ed and autho for Is8u8 by tha Tmstè8s and &gn6d on their behalf b. MrA Price Chair Date.. i */o7/20£1 The noles on pages 13 to 27 forni part of these financial statements.
Sunllght D•v•lopm•nt Trust Ltd (A ¢ompany Ilmltad by guarant••l Notès to tho flnanclal 3tatgrnents For the yoar ¢nd•d 31 March 2021 General Infornwtlon Sunlight Development Trust Ltd is a company limited by guarantee with th8 Charity registration number 1126266 and the company registra number 05692427. The address of the registered office is The Sunlight Cenlre. 105 Richmond Road, Gillingham. Kent. ME7 1LK The main obiectlves of the Charty are 8s detailéd within the Trustees, reptyt. Ac¢ountlng pollck• 2.1 8a•l¥ of pr•paratlon of financlal •l•l•m•nts The financial statemonts have Lwb prepar&J in 8ctljrdant th ts Ch8rftiè8 SORP IFRS 102) . Accounting and Reporting by Charities: Statement of R8comm8ndod Practice applicable to chariti6s preparing their accounts in accordan wth the Finanaal Reporting Stsndard applicablo in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019}. the Financial Reportlng Standard a?l¢able in tho UK and Rewbllc of lrnland IFRS 1021 and the Companles A¢t 2W6. Sunlight D6velopmenl Trust Ltd m88ts lh8 definilion of 8 Putlic benefft gntity under FRS 102. Assets and Ilabilities arg initlalty recognised at hIStw ¢>Mt or transaction valu& unl88s olh6Thvl8e Statad in the relevant accounting wlicy. 2.2 GolDg conurn NOlth8tandlng the net Ilabllttlos at the balanc8 sheel dat8 of £6.753 the 8ccoun18 have been prepared on 8 golng cnCern basis. The lustificatlon of Ihls treatsnenl Is 88 foll¢)ws'. The prin¢ipal risk fa¢ing the Charltablè Company18 ils abNty to generate sufficient intrjme to cover expenditur¢ incurred in fu111ng Ihe objectfves of the Charitable Company. The Trustees conlinue to imF4ement a 98rios of Cost roduclion and income generaon meagure8. Aclivitlgs havo bgen rolionallsJ. Payment plan$ havo bo•n agr8thJ wllh au major cr8dllors aThl these 8r8 TrenY b8lng honoured. At th18 Stage it 18 drt[Uft to tell vthat the exact financial imFlication$ of COVID-19 will be on the Charity bul the Trustees are continuously mothring events and implemenfjng appropdate plans andlor seeking consuliation where needed. If the going concem basis were not appropriate. adjustments would have to b8 made to dUce the value of assets to their recoverable amnIS. to provlde for any further liabiltties that might arisg and to reclassify fixed assets as current assets and fong temi Ihqbilities as current Ilabilllles. 2.3 Irbc¢yn• All Income Is recognised once the tharity has enlitb9menl to the inGome. it 1$ probable that the inGome will be receivod and the amount of income rècèivable can ba measured reliably. Grants are included in the Slatemént of finarthl a&ivSlles on a receivable basis. The balance of income reIved for specffic purposes but not expended during the rricrfl is shown ifi the relevant fvnds on the Balanc8 she8L Where incorne is reiVed in advall of entttlement of fec*ipL its recognition is deferred and included in cr&jitO as defeff&J irKome. Whore entittemenl occurs before income is rgNed. the is aCced. (Xher income is recognised in the period in whid) it is receivable and to the extent the goods have been provided or on 1MpletIon of Ihe service.
Sunllght Dovolopmgnt Trust Ltd {A company Ilmltfjd by gTantsl Notos to tha flnan¢lal stat8monts For tha yoar ended 31 March 2021 AGcountlng pollcles (contlnuedl 2.4 Expendlture Expenditure is recognk8ed once there is a legal or c4)nstrudivg oblkJatlon to transfer economic benefit to 8 third paty, il is probable that a transfer of economic benefits will be required in settlèment and the amount of the OblatIon can be measured lIablY. Expenditure 18 dassified by 8Ctivity. The costs of each acb'vity arg mad8 up of the totsl of diracl costs and shared costs. including support Costs Involved in undertaking each activity. Oirect ¢>)sts attributable to a singl8 actsvity are allocatad directly to that actbvity. Shared costs whth contritryjle lo mor8 than one activity and support costs which are not attributable to a singl6 activity are apportiongd betsveen those activities on a basis consist8nl with the use of resour(s. Central slaff costs are alkncated on the basis of tim8 spent, and depreciation charges allocalgd on Ihg portion of the assel's use. Expendllure on charltable activibes15 Inrred on directly undertaking the 8cUvltlas whlch further ihe ch8riV8 objectives. as w911 as any 888oc¢aled supwt Msts. All expendllure Is Indusr¥e of Irre(x)verable VAT. 2.5 Tanglblo flx•d a88•ts and d•prKlatlon Tangible fixed assets are initially racognlsed at cost. After rgn5th)n, under the c051 model, tsnglble fixed assets are me88ured at cost 5$ a¢cumulal8d d8pre(iation and any accumLslaled impairment Ios88s. All costs incurred lo bring a tsnglble fixed 88881 into tts Intended working condition should ba IndiKled In thè measurement of cosL Oepreciatson is charged so as to allLxate the cost of tsnglble red assets less thelr wldual value over their esllmal8d useful Ilves, using the Straht41na method. Dapreciakn'on 18 pmided on tho kllowkng bases.. Lontem lea88hold woperty - over the Cou6 ol theloaso Other fixod assets 12.>25% straight line 2.6 Investm•nts Fixed asset investments are a form of finon¢bal instrument and are initially reeognised al their transaction cost and subsequ¢nty measured al fair vahJ8 at the Balance sheet dalo, unless the value cannot be measured rellaNy in which cas8 It Is measured at cost less impaiment. Investment galns and losses. whether redised or unrealised. are rA)rnbin•J and Prnted as 'Gainsl{Lossesl on investments, in the Stat8ment of finarrial a(*vities. Investmants in subsidiaries are valued at o)st les8 provislon for impairrnent 2.7 D•btors Trade and other ¢Jebt(xs are reLwnised at the selilement amount after any trad8 discount offered. Prepayrnenls are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and ID hand Cash at bank and in hand indudes e4sh and short-lem highty liquid investments with a short maturity of three months or less from the date of wuisition or opening of the deposit or similar account.
Sunllght Development TNst Ltd (A company limited by guarantso) Notes to tho flnanclal statoments FOT the yoar ondod 31 March 2021 Accountlng pollclos (continued) 2.9 Llabllltles and provlslons Liabilities are recognised when there 1$ an ot4igath)n 81 the Balance she81 data as a result of a p8$t event. it is probable that a transfer of economlc b8nefft wlll be required In settlement, and the amount ol the selliemenl can be estimated relbly. Liabllilles ar& recognised at the amount that the charity anbapates it will pay to settf8 th8 debt or the amount it h8s r6ceived as advanwl payments for thg goods or services it musl provido. ProS1OnS are measurgd at th8 best estimat6 of the amounts required to S8tll8 the olgatIOn. Whera Ihg offecl of the Ilme valu8 of money is material. the provision is based on the pres8nl value of those amounts, discounted at the prtaX dls¢ounl rate that reflects the rfsks spe¢ifiG to the Ilablllty. The unwinding of the discount is recognised in the Stslement of financial activikne5 as a finance c051. 2.10 Flnanclal ItrUm•ts The chadty only has financial assets and financlal liabilities of a kind that qualify as basic financlal Instrum8nts. Basic finano81 Instruments are inlllally rocy)gn158d al transacllon value and subsoqugntly measufed al Ihelr settlement value with the 8xc8pllon of bank I08ns which ar8 subsequently maasured at amorti80d cost using tho effe've intewt method. 2.11 Op•ratlng lea•o8 Rentals pgid under operating le8888 are charged to tho Statement of finanaal activities on a Strgight Ilne ba818 over the lease te. 2.12 Penslon• The ch8rfty operates a defined contrl)th pensw)n Scheme and the plon charge represents the amounts payablo by tho ¢harity to lh8 fund in r8SPOGt of tho ypar. 2.13 Fund ac¢ountlng G8n8r81 funds ar• unrestrfcted lunds whlch are •v8ilable for usa at the dlscretion of the Trustees In furtherance of the 98neral obje.¥85 of the tharrty end which have not beon de$ign8t¢d for other purposes. Restricted funds arg funds which are to be used In accordance wth specific restrSctSons Imposed by donors or whh have been raised by the thanty for particular purposes. The costs of raising and administering such lunds are charged agalnst the specific fund. The aim and use of each restrlcted fund is set out in the notes to the fsnancial statements.
Sunllght Dèvelopment Trust Ltd IA company Ilmlted by guaranto•) Notes to tho flnanclal statemonts For tho year gndgd 31 March 2021 Incom• from donatlons and lagacles Rostrl¢t•d Unr•strict•d fund$ funds 2021 2021 Totsl funds 2021 Total fund8 2020 Donation8 Grants other incom 318 156.901 9,236 318 236.151 9236 2.487 152,453 32,762 79250 79.250 166.455 245,705 187.702 Tot812020 7,973 179,729 187,702 Incom• from oth•r tr•dlng actl¥fth• Income from fvndral•lng •v•fit• Unr•8trlct•d lund8 2021 Total funds 2021 Total funds 2020 Fundralsing Income Total 2020 298 298 In¥1*t Incomo Unrostrlcl•d fvnds 2021 Total fvnds 2021 Totsl funds 2020 Rent. servlce charge and room hir6 in(x)me 196.968 196,968 227.127 Totsl 2020 227.127 227.127
Sunlight Dovolopm•nt Trusl Ltd (A rnPany Ilmited by guarantee) Not•s to thg flnanclal $Lemonts For tha year ended 31 March 2021 Othor Incomlng rgsource• Unrn8trlctod funds 2021 Total funds 2021 Total funds 2020 Fudough inc¥Kne 18.801 18,801 2.217 Totsl 2020 2.217 2.217 Anaty818 ol •XndItUrn on charttablg actlvltl•s Summary by fund type R••trl¢ted Unro•trlct•d fund lun¢ts 2021 2021 Tot•1 fund8 2021 To181 funds 2020 CharftatAe advttl8S 79,123 314.538 393.661 475.389 Total 2020 10.396 464,993 475,389 Analy•l• of oxpondltur• by actfvhl•s Dlr•¢t sts 2021 Support ¢05ts 2021 Total funds 2021 Total funds 2020 Charll8ble acUvrtl&8 297,066 96.595 393.661 47S,389 Total 2020 310.195 165.194 475,389
Sunllght Development Trust Ltd (A company Ilmltsd by guarante•) Not•¥ to tho Ilnanclal Statoments For the y8ar gnded 31 March 2021 Anaty8is of expondlr¥ by athltles (contlnued) Analysls of dlr•ct co Totsl funds 2021 Total funds 2020 Staff CA)$ts Insurances Premises expenditure Light, he8t and Voluntser expenses Subwiplions Bank charges Fundraising expenses Travel and sub$lstèn¢a 246.121 5.849 27,640 11.772 264,759 5,845 14,721 16,942 868 2.325 812 2,639 531 1,000 1,514 3,539 297,066 310,195 Anafy818 ol •upport co•ts Total funds 2021 Totsl fund8 2020 Depreciation General office expen8e8 Tralning IT costs Bad debt5 570 30,679 1.938 20.135 174 550 7.419 20,287 5,165 36,291 1.267 6,154 35,200 356 7.924 38,857 23,333 1.200 2,640 6.807 Printing and slalionery Telephon8 and fax Pro11 rent Prop8ty rent Accountsncy fees Independent examinerfs remuneration Profesonal and consuliancy fges 2.700 3,678 8.465 96.595 165,194
Sunllght 0ov•lopment Tnt Ltd (A Gompany 11m1t by guarnntao) Notas to the flnanclal statomfrnts For the y8ar 8ndod 31 March 2021 Staff costs 2021 2020 Wages and salaries Social securfty costs Other pension ¢ts 227.506 12.795 5,820 243.940 14,282 6.537 246,121 264.759 The avoragg numbar of persons ernployod by th8 cJ)8rity during the ar was as follows: 2021 No. 2020 No. 13 11 The average he8dLyJunl expressed as futIMe oqulvalènts w88: 2021 No. 2020 No. No employee recelved r8munerallon affK)untlng to more than £60,(N)O in etthor yaar. Thg total rtrmunaralion and b8nefrts rocaived by key managem8nt personnel during tha finandal year amount lo £126,505. Including employerfs n8tlonal insurance contribution$ and employeT penslon contribulw)ns {2020: £114.221, induding èmpl$ natlonal inwrnnce wntrlbutions). 10. Tru$l••s' rnmun•rntlon and exp•n• During thè year, no Trustses recgived any rernuner8tion or other benefits12020 - £NILI. During the year ended 31 Marth 2021. no Trusteg expenses have been Incurred12020- £NILI.
Sunllght Dgvglopment Trust Ltd IA company Ilmlted by guaranto8) Notss to the flnancl818tatom•nts For the year ended 31 March 2021 11. Tangiblo fixed as••ts Lon94omi leasehold Other flxed property asvt$ Total Cost or valuatlon At 1 April 2020 Addition$ 72.790 106,433 1,415 179.223 1,415 At 31 March 2021 72.790 107.84B 180.638 D•pr•clatlon At 1 April 2020 Charge lor th8 year 72.790 106,433 570 179,223 570 Al 31 Marth 2021 72,790 107,003 179,793 N•t book valu• Al 31 MarGh 2021 845 At 31 M•r¢h 2020 12. Flxed asset Investments Invutm•nts Sn ¥ubsldlary compan1•• Cost or valuatlon At 1 Aprll 2020 At 31 March 2021 Net book valu• At 31 March 2021 At 31 March 2020
Sunllght Development Tr1 Ltd (A company limltod by guarante•) Notss to thg flnanclal stst•monts For the year ended 31 March 2021 12. Fixad auet Inv08tm0nts l¢ontlnugd) Prlnclpal sub8ldlarl88 The following w8s a sJb$idiary undertaking of the charty. Nama C¢)mp•ny Charlty Reglstered offlc• or princlpal numb•r reglstratlon Pla of busln•88 number Cafe Sunllghl CIC 05692427 1126266 The Sunlight Cenlre, 105 Richmond Road. Gillingham, Kent, ME7 1 LX PrlncSyl Jctlvlty Clam of shar•• Holdlng Includ•d In onsolldatlon T0 3UPPOrt Ihe charitsble actlwli¢$ of its parent charlty through the ¢ommerci31 benetlts of a Gafo. Ordinary 100% No The financial results of the subsidiary for the yaar were: Nam• Incom• Expfjndlturo ProllVILoM I Surplusl {Defl¢ltl for the yèar N•t a#8•ts Cafe Sunlight CIC 12,921) 12.4791 136,3441 13. D•btors 2021 2020 Du• wlthln onè y••r Trade debtors Other debtors Prepaents and accrued Ine 8.902 570 5.260 98,668 2,058 9,946 14.732 110.672
Sunllght Dgvelopmènt Trust Ltd IA company Ilmited by guarantse) N¢)tes to th• flnancial statemonts For tho year ended 31 March 2021 14. crltOrS. Amounts falllng duo withln one y•ar 2021 2020 Other loans Trade creditor8 othor laxatk)n and socA81 soGurity Pension lund loan payable Other creditors Accruals and deferred inc4)me 39,407 9,414 4,821 44.057 5,651 8,269 1.008 7,943 110,029 22.582 33,433 110,779 176,957 15. Crndltor¥: Amounts falllng due aft•r mor& th•n one y•ar 2021 2020 Other credlto 2.087 18,584
Sunllght D9valopm•nt Trust Ltd (A company Ilmltod by guarants&) Noto$ to tho financial statgm8nts For the year endgd 31 March 2021 1& Ststsment of fvnd¥ ststom•nt of funds - ¢urr•nt year Balance at 31 March 2021 Balanco at 1 Aprll 2020 TranJf•rn Inlo Income Expondlturn Unr••trlct•d fund• Ggneral Funds 175,023 382,224 {3145381 (6,7531 Rostrlctsd fund• KCF Employabillty Sklll$ and Enterprise Theme Awards for AJI- ¢3lway Street Awards for Al-covid 19 Tho Revival Project BrSghl Ideas C19 Support FutKI - Power lo Change CCLORS Fund KCF- Elderfy & vUlrable Theme KCF Resllience Fund Cowd 19 KCF Resilience Fund-Up8eat SPIF-Smart Skills Ward Fund$ for Greenhous• Otway St Ward Improvement Fund (7881 (3,2861 331 3286 9.530 (8.981) 1549) 4.836 ¥534 14,9091 134,534> 73 728 16.000 4,412 3,336 1728) (16.461) {4.412) 13,3361 (900) 11,688) 457 79.250 (79.1231 15841 Total of funds 174.566) 461,474 1393,661) {6,753)
Sunlight Development Trust Ltd (A company limlted by guarnntse) Not•s to thg Ilnanclal statements For the year ended 31 March 2021 16. Statern•nt of funds (ContInu1 KCF (Brook Trust) . Employablllty. Skllls and Ent•rprf80 Th8ma The KCF Employabilty Skills grant is lo fund delivery of a range of opwrtuntti8S targéting local man and women faung barriers lo ernoyment 8rKI multiple disadvantage. aimed 8t Improving their employTnent skills through vdunteering, support sess¢ons and training. This indudes volunteering opportunities through the Trust individual support SessnS to enabl6 beneficiaries to g61 on lin8 and engage in employment related activities. and fom)al and infonnal 18amlng activities addfesslng basic entry level training requirements and practical sknlls for thos6 seeking work.11 has begn agr68d with the lunders that this grant could be Spent on staff training and developmonl which is due lo be completed by the end of June 2021. Awards for All Otway Stroet Communlty Gard•n The Olway Street Garden is a community garden project Is a c(Knmunty g8T(18n glvlng local r8sldenls axp8riencing social isd8tion and are from disadvaniaged backgrounds the opportunity lo conlribLle lo the mainlenanee and development of a Communhy r6sourc Ithich Is of benefit to the Ioc81 community. 11 also provides the oppjrtunty for those attending to devebjpe new skills which will help them improve Iheil self-esleem and $eW-worth. This grant continue to cover the costs of us deliverlng a seNice from the oaY Street garden whlch 1$ aimed al thos8 6xencIng mental health issues. Tha gardgn was central to the delivery of a week of m8ntsl w911br activltias in May 2021. Th• Awards for All . The R•vlv•l Prol•ct This grant enablod us lo continue to operate tha Studio and radio station during lockdown when no Income could be generated and to replaca and repalr soTh okl¢r oqulpmenl for th6 radio 51alh)n. 8rlght Id•as C19 Support fund Pow•r lo Chang• The grant covered the additlonal eosls of the new IT Systom so 811 staff could work remotèly 8nd documènts could be shrèd easity. The nelwork w8$ also refreshed 8S Part of these works lo gnsure It was fit for pu086 a6 Ihg organisation moved out of lockdown. CCLORS4Coronovlru8 Communlty Lad Organlsatlons Rocov•ry S¢hgmel The grant enabled us to cover a large prop)rtion of staffing costs which would nomially be covgrod through trading, improvements in our IT Infrastructure and refurbishm8nt and repairs to the Sunlight Genlre lo 8nsur¢ it remained COVID 19 compllanL It was agreed in May 2021 that this grant could be oxlended to the and of May 2022 as il had proved dlffiojll to commlsslon some of the refurblshm¢nt works. An altemalive budget wa8 al agreed enat1j morn of tho costs to be alloc8te to salaries. KCF Elderly & Vuln•rable The Kent Community Foundation Elderfy and Isolated Adults grant Is lo fund communlty based crafts, u cycling. arts and creative workshops daliv9red with the aim of r8(lucang social isolation. loneliness and Improving mgntal and physical healih and imprDwng levels of wembeing amongsl Individuals with lived experience of mental ill health, housing issugs. hceleSsn6ss or other vulnerable characteristics. Due to th8 demographics of the dient group this servi¢e was postponed until such limes as lockdown had com8 to an end birt helps to faulttate serwces awn8d at those with dementia and thoir carer8. KCF Reslllence Fund Uptsèat The grant enabted us lo continue lo operate the Radio Slation through1 20201218s It covered most of its operatlng costs. Smart Skills The grant was secured through K8nt and Medway SuicNJo Prevention servi. The grant facilitated the delivery of an 8 week pmgramme to help those who n8ither had the sourceS of the skills to use Smart Phones to their full potential. Thi8 W85 of partIlar rdevance as many seMc&s moved on lin8 during lockdown. More funding has been seolred. Ward Funds The grant was used to repalnt the exterky of th8 tyjlding Ifhe Rotunda) and was carrfed over from previous years.
Sunllght Development Trust Ltd {A company Itmltsd by gu•rants•l Notès to tho flnanclal statements For the year end•d 31 March 2021 16. Ststgrngnt of fund¥ {contlnu•dl Ward Funds l&afi•t This grant funded a marketing leaflet linked to the r&op8ning of the Sunllghl Centre and the Otsvay Street Gard6n Mentsl Well Bein9 ktivities in May 2021.. 8t#tom•nt of funth - prlor year Balance at 31 March 2020 Balanc8 at 1 April 2019 Transfers Inlout Incomg Exp6ndrture Unro•trlcted fund• General Funds {20.421) 409,371 {464.993) 1,020 175.0231 Re$trl¢t•d funds KCF Employabllity Skill$ 0Th1 Enl¢rprlge Theme Awards for Ml - OaY Streal Awards for All-Co¥ld 19 The Revival Project Bright Idea5 C19 Support Fund - Power to Change {2.4231 {1.1011 {1,0201 457 1.101 4,872 14,872} 2.OlJ) {2.OW) 7.973 110.3961 (1.0201 457 Total of fund• {16,621 > 417.344 {475,389} (74.5661 17. Summary of fund8 Summary of fund8- currnnl y•ar Balan¢0 at 31 March 2021 Balance at 1 Aprll 2020 Transfers Inlout Income Expendltur• Gener81 funds 175.0231 457 382.224 79.250 {314,S381 179.1231 (6,7531 Restrict funds (5841 174566 461.474 1393,6611 {6,7531
Sunllght Dgvglopment Trust Ltd IA company limlted by guarantse) Noto8 to the flnan¢lal stat•ments For the yaar ond•d 31 March 2021 17. Summary of funds {contlnu•d Summary of funds- prlor Balance at 31 March 2020 88lanee at 1 April 2019 Transfers inloul Income ExF*Thliiura General funds RestriGtsd funds (20.4211 3.0 409.371 7.973 1464.993} {10.3961 1.020 11,0201 {75,0231 457 116.5211 417.344 1475,3891 174.5661 18. Analy•ls of n•t 4•8•ts betWfi funds Anity•ls of n•t ag8•ts b•twg•n fund•- curr•nt yo•r UnMtrlct&d funds 2021 Total funds 2021 Tangible fixed a8sets Flxed assèt Invastments Currgnl assets Creditor5 due wilhln one Credllors due In nTh)re than one ypar 105,267 105.267 (110,779} {110.7791 12.0871 12.0871 Total 16,7531 (6,753) Analys1$ ol net assots bfrtwn fund¥ - prlor y•ar Restricteo Unrgslri8d hjnds fund8 2020 2020 Total fijnds 2020 Flxed 8ssel investrnents Current asset$ Creditors dug wtthin one Creditors due in more than one year 457 120,517 1176,9571 118.5841 120.974 1176,957) 118,584} Total 457 175.0231 174.5661
Sunllght Developm•nt Trust Ltd (A company limited by guarantee) Notss to the flnanclal statomgnts For the year endod 31 March 2021 19. P•n8lon commltm•nts The Charity operates a defined contribution p8nsk>n stheme. The 8ssels of the scheme aro held s6perdtely from those of the Charity in an independenty administered fund. The p8nsion cost charge represents wntributions payable by the Charity to the fund and amounted lo £5,820 12020." £6,537). Contnbutions lotalling £1.112 {2020: £1.008} kntre Payab to the fund at Ihe balance sheet date and are included in creditors. 20. Operntlng lea commitments Al 31 March 2021 Ihg charity had commilments to mak8 futurg mlnimum 18888 payrnenls tsndar non- CarlIable oporating lea888 as follows: 2021 2020 Not1818r than 1 year Later than 1 year and not latw than 5 r8 19,444 13.349 9.444 555 32,793 9,999 21. Rèlatsd party tran•acllon• Threa of tho Trustees, Mr A Price, Mr P Clark and Mr S C MINard, arè 81$0 DiTeGtor8 of Cafo Sunlighl Limited. a subsidiary Crynpany of Sunlighl Oevelopm8nt Trust. During the year th8 Ch8rity made purchases from this Company of £Nil {2020: £3.9971. and made sales to the Company of £Nil 12020: £36,144). A provision has be8n made againsl the inter)mpanY debtor for £35.177 as it is unlikbly lo be recovered.