**REGISTERED COMPANY NUMBER: 06585052 (England and Wales) REGISTERED CHARITY NUMBER: 1126626** 

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2021 

for 

Rock Foundation UK Limited 

Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET 



Rock Foundation UK Limited 

Contents of the Financial Statements for the Year Ended 31 March 2021 

||Page|
|---|---|
|Report of the Trustees|1 to  6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9 to  10|
|Cash Flow Statement|11|
|Notes to the Cash Flow Statement|12|
|Notes to the Financial Statements|13 to  21|





Rock Foundation UK Limited 

## Report of the Trustees for the Year Ended 31 March 2021 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

To act as a resource for people with learning difficulties and the disadvantaged by providing advice, assistance and organising programmes of physical, educational and other activities as a means of:- 

a) Helping them to advance in life and helping to develop their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals. 

b) Advance education. 

c) Relieving unemployment. 

## **Public benefit** 

Providing recreational and leisure time activity in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set. 

Page 1 



Rock Foundation UK Limited 

## Report of the Trustees for the Year Ended 31 March 2021 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

We would first like to thank all our funders for their support and all our volunteers and staff who without everybody's help, it would not have been possible. 

Rock was started by a parent of a special needs child who, having explored the availability of training for over 18's discovered that very little was available. She subsequently decided to start Rock Foundation to provide young people and adults, and the disadvantaged, work experience and supported workshops so that they could achieve their potential in life, and we now serve in excess of ninety adults with learning disabilities every week. 

During the last financial year, despite significant operating challenges due to COVID and the national lockdown, Rock Foundation continued to provide support services to its targeted client groups. These included a wide range of workshops such as, art and craft, woodwork, puppetry, cookery, baking, computers, healthy living, needlework, furniture restoration, horticulture, DIY, baking, and laser craft, food bank stock management etc, alongside courses in independence and work skills, community living and transportation. In response to COVID restrictions this timetable experienced periods of disruption, where we had to shift to offering distance support as students self-isolated. And we offered phone support, practical support (food parcels etc.) as well as providing all students with 'at home' activity and education packs throughout the terms. When we were able to resume day services 'in house' this required smaller class sizes, dedicated tutors, and bubble arrangements to ensure sessions could be delivered in a safe way. 

Rock Foundation UK Ltd has continued to further its work with the local community by working with a network of local and regional companies and donors to supply our food bank. Again, this aspect of our work has been affected by COVID too, seeing huge increases in presenting need, and also challenges to our supply as a result of restrictions. We are proud to say we continued throughout the entire series of lockdowns, operating with a committed skeleton staff, to provide a vital service to a deeply affected community. We have continued to be involved with the local food provider forum, acting in coalition to resolve food poverty in Northeast Lincolnshire. And because of this partnership, we were chosen by Northeast Lincolnshire Council to be one of the facilitators of their COVID hardship grant fund, which has seen us distribute around £20,000 of government aid to the most vulnerable and needy members of society. We currently operate from the former Holme Hill School in Heneage Road. However, we received news this was being negotiated for sale, and we have since secured a property from North East Lincolnshire Council via a Community Asset Transfer for a nominal amount as a freehold disposal. At time of writing, we are in the final stages of legal negotiation around terms, and we hope to have competed by the next year end. 

Over the past year our food bank has experienced increasing levels of need with 172,125 meals given out this year. As always, this would not have been possible without the help of Morrison, Tesco, Aldi, Lidl, Greggs and HIS, and a wide variety of other local businesses and supporters, many of which prefer to remain anonymous. 

The events of the last year have compounded our conviction that the help our community needs goes way beyond a food parcel. We commissioned an independent review of our foodbank provision, as well as undertaking a data capture exercise utilising a database to understand the needs of those accessing our foodbanks. Furthermore, we undertook a successful Fuel Bank pilot which has resulted in us being made a full time Fuel Bank partner for the Fuel Bank Foundation. With the successful acquisition of a new site for our Foodbank, the time seems right to use the learning from these exercises to expand our service to a Foodbank Plus model, which will seek to provide a more holistic service offering life skill, recovery, and employment sessions alongside our more practical support. 

We have also continued to wholesale our laser products through Potter's House, helping to financially underpin our work. This accompanies our ongoing work in utilising online sales avenues such as Etsy, and physical retail spaces on the High St. We are seeking to continue to grow this in coming years to increase our financial resilience, and service sustainability. 

We would like to thank all our supporters for their continued assistance by way of donations, and all individuals, faith groups and other organisations who have supported Rock Foundation UK Ltd. 

Over the past year we have opened our supported housing at Caistor with the initial three residents rising to 6, as well as intermittent respite placements. 

Page 2 



Rock Foundation UK Limited 

## Report of the Trustees for the Year Ended 31 March 2021 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Volunteer review** 

We continue to be blessed with excellent volunteers, many of whom have worked within the charity for many years, and many of whom continued to support us through the challenges of COVID and lockdown. 

Our volunteers come from a wide range of organisations, backgrounds and experience, representing a wide cross section of our community. 

Our regular 40 volunteers contributed a total of around 11.648 hours across the last year, equating to roughly 224 hours per week in volunteered time, or 5.6 per person per week. 

Our regular volunteers therefore contributed approximately £128,128 between them at a combined value of around £11 per hour 

We also receive help from many casual volunteers throughout the year, whose valuable contribution is difficult to quantify, but incredibly significant. These people that come to help with a specific short-term projects or events, offer a few days when they are available, or attend on short term placement from training agencies. We estimate to have received approximately 484 such volunteering hours, placing our grand total at around £5,324. 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

It is the policy of the charity to monitor unrestricted funds which are free reserves of the charity to achieve a minimum level of £95,000. This will provide sufficient funds to cover management, administration, support costs and to respond to emergency applications for grants which arise from time to time. 

Incoming resources for the year amounted to £991,841 (2020: £716,303) and resources expended £727,086 (2020: £606,665). Free reserves at the year-end were £287,951 (2020: £44,276). 

Page 3 



Rock Foundation UK Limited 

## Report of the Trustees for the Year Ended 31 March 2021 

## **FUTURE PLANS** 

As always plans are in place to maximise the use of our current resources, develop new services and increases our intake of service users. 

Our aim in the last year was to move our newly opened supported living facility towards being fully occupied. However, no-one could have foreseen what was going to happen with the outbreak of COVID and the associated restrictions. In spite of this we were able to grow the number of residents from 3 to 6. Our aim in the upcoming year is to continue to increase our number of residents whilst ensuring the right mix of client needs and abilities to enable our current residents feel 'at home.' The aim of the service is to provide excellent care for adults with learning disabilities. This is a non-profit venture which stands in contrast to the commercialised provision of care and support that proliferates locally, and places shareholders before clients. Our aim is to continue to build positive relationships with funders, as well as diversifying our social enterprise output from the site, to build further resilience into the project. 

Further developments include an ongoing maintenance project to bring our Grimsby site to a higher standard of facilities as well as the ongoing expansion of our gardening project at Caistor and Grimsby to focus on growing high quality organic produce for our residents, tearooms, and the public, whilst providing an excellent set of training opportunities for our members. 

Finally, we are looking toward the handover of our new site for our foodbank provision, and the expansion to a Foodbank Plus model, this will entail refurbishment of the site, relocation of our current service and expansion of our service offer. We have a robust plan, which has been well received by our local authority and we are confident will lead to the formation of positive funding relationships in the coming year. 

## **This year's present climate** 

Apart from management and key workers much of the Rock Foundation was on furlough. As restrictions lifted, we gradually brought staff back onto work, making use of the changing furlough support levels to ensure we were accessing our full entitlement at each level of re-opening. Caistor supported housing maintained a core staff who worked to strict protocols. For much of the year the cafe, tearoom, and shops were closed. However, when restrictions lessened, we opened in a timely manner following all required restrictions and protocols. 

Our foodbank remained open and busier than normal. Over the year we have given out 172,125 meals, with a value of £258,187.50 

Fortunately, we have received several grants which has enabled the charity to be financially stable. 

A lot of our volunteers are elderly and are still worried about coming to volunteer. This has had a big impact on us as a charity. 

Our fundraising activities also had to be cancelled. 

There will always be a risk and uncertainties. As a charity I feel we are in a good place. Mainly because of the increase of service users using our supported housing accommodation and the grants we have been fortunate to receive. 

At present our reserves are good. But as a board this is something that needs to be looked at on a regular basis. This is something again that we will take advice from our accountant. 

As a charity we feel confident about the future, but we are aware this can change. We feel we have tried to look at every eventuality. 

Some concerns: - 

Lack of volunteers 

Lack of food donations 

Day Students 

Financial loss of income if another lock down. 

Page 4 



Rock Foundation UK Limited 

## Report of the Trustees for the Year Ended 31 March 2021 

Staffing could be a problem if anyone is having to self isolate. However we are always looking at contingency plans. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is governed by its Memorandum and Articles of Association incorporated 6 May, 2008 as amended by written resolution dated 22 October, 2008 and 29 July, 2014 respectively. 

## **Recruitment and appointment of new trustees** 

The charity seeks to appoint trustees from persons who share the same ethos. It seeks to identify those most suitable to bring a balance of skills and strengths to the board. Each trustee is given a job description which utilises their skills. 

## **Organisational structure** 

The CEO makes day to day decisions with regards to the general running of the charity. Trustees make decisions on management salaries, development and expansion and any other major decisions. 

## **Induction and training of new trustees** 

We have a policy for induction and training of trustees. As stated in our policy each trustee receives a training pack and will also spend a day with our CEO explaining the role of the trustee. 

## **Related parties** 

Rock Social Enterprise and Rock Caistor Enterprise are trading companies and all profits go to Rock Foundation. 

## **Risk management** 

The Directors/Trustees have examined the major strategic, business and operational risks that the charity faces and confirms that systems are in place to monitor and control these risks and ensure that the necessary steps can be taken when appropriate. 

Any major risks to which the charity is exposed will be reviewed in an emergency trustees meeting. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

06585052 (England and Wales) 

## **Registered Charity number** 

1126626 

## **Registered office** 

39-41 Heneage Road Grimsby North East Lincs DN32 9ES 

## **Trustees** 

R J K Burrell P E Hodge S Howard (appointed 4.1.21) K Smith R I Lewis M Scarrott 

Page 5 



Rock Foundation UK Limited 

## Report of the Trustees 

## for the Year Ended 31 March 2021 

## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** 

Mark Stothard FCA Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET 

## **Bankers** 

National Westminster Bank Plc 66 Victoria Street Grimsby DN32 9ES 

**Senior staff** Miss P E Hodge Miss S Springall 

Approved by order of the board of trustees on 26[th] October 2021 and signed on its behalf by: 

........................................................................ P E Hodge - Trustee 

Page 6 



## Independent Examiner's Report to the Trustees of Rock Foundation UK Limited 

## **Independent examiner's report to the trustees of Rock Foundation UK Limited ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCA which is one of the listed bodies. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Mark Stothard FCA Haines Watts, Chartered Accountants 117 - 119 Cleethorpe Road Grimsby North East Lincs DN31 3ET 

Date:  26[th] October 2021 

Page 7 



Rock Foundation UK Limited 

## Statement of Financial Activities for the Year Ended 31 March 2021 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>2<br>734,965<br>**Charitable activities**<br>3<br>Core projects<br>72,265<br>Core projects-Restricted<br>-<br>Other income<br>88,379<br>**Total**<br>895,609<br>**EXPENDITURE ON**<br>**Charitable activities**<br>4<br>Core projects<br>606,469<br>**NET INCOME/(EXPENDITURE)**<br>289,140<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>463,270<br>**TOTAL FUNDS CARRIED FORWARD**<br>752,410|Restricted<br>fund<br>£<br>-<br>-<br>96,232<br>-<br>96,232<br>111,273<br>(15,041)<br>68,418<br>53,377|31.3.21<br>Total<br>funds<br>£<br>734,965<br>72,265<br>96,232<br>88,379<br>991,841<br>717,742<br>274,099<br>531,688<br>805,787|31.3.20<br>Total<br>funds<br>£<br>406,643<br>208,824<br>100,836<br>-<br>716,303<br>606,665<br>109,638<br>422,050<br>531,688|
|---|---|---|---|



The notes form part of these financial statements 

Page 8 



Rock Foundation UK Limited 

## Balance Sheet 

## 31 March 2021 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>11<br>**CURRENT ASSETS**<br>Stocks<br>12<br>Debtors<br>13<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>14<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**CREDITORS**<br>Amounts falling due after more than one year<br>15<br>**NET ASSETS**<br>**FUNDS**<br>18<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Unrestricted<br>fund<br>£<br>802,739<br>7,000<br>93,230<br>307,195<br>407,425<br>(42,518)<br>364,907<br>1,167,646<br>(415,236)<br>752,410|Restricted<br>fund<br>£<br>48,377<br>-<br>-<br>5,000<br>5,000<br>-<br>5,000<br>53,377<br>-<br>53,377|31.3.21<br>Total<br>funds<br>£<br>851,116<br>7,000<br>93,230<br>312,195<br>412,425<br>(42,518)<br>369,907<br>1,221,023<br>(415,236)<br>805,787<br>752,410<br>53,377<br>805,787|31.3.20<br>Total<br>funds<br>£<br>873,900<br>4,050<br>36,856<br>124,827<br>165,733<br>(72,329)<br>93,404<br>967,304<br>(435,616)<br>531,688<br>463,270<br>68,418<br>531,688|
|---|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 9 



Rock Foundation UK Limited 

## Balance Sheet - continued 

## 31 March 2021 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 26[th] October 2021 and were signed on its behalf by: 

............................................. P E Hodge - Trustee 

The notes form part of these financial statements 

Page 10 



Rock Foundation UK Limited 

|Cash Flow Statement<br>for the Year Ended 31 March 2021<br>Notes<br>**Cash flows from operating activities**<br>Cash generated from operations<br>1<br>Interest paid<br>Net cash provided by operating activities<br>**Cash flows from investing activities**<br>Purchase of tangible fixed assets<br>Sale of tangible fixed assets<br>Net cash used in investing activities<br>**Cash flows from financing activities**<br>Loan repayments in year<br>Loan interest<br>Reclassification of loans<br>Net cash used in financing activities<br>**Change in cash and cash equivalents in**<br>**the reporting period**<br>**Cash and cash equivalents at the**<br>**beginning of the reporting period**<br>**Cash and cash equivalents at the end of**<br>**the reporting period**|31.3.21<br>£<br>222,947<br>(14,269)<br>208,678<br>(5,774)<br>4,300<br>(1,474)<br>(34,105)<br>14,269<br>-<br>(19,836)<br>187,368<br>124,827<br>312,195|31.3.20<br>£<br>172,624<br>(17,883)<br>154,741<br>(80,831)<br>-<br>(80,831)<br>(35,769)<br>17,883<br>(21,250)<br>(39,136)<br>34,774<br>90,053<br>124,827|
|---|---|---|



The notes form part of these financial statements 

Page 11 



Rock Foundation UK Limited 

## Notes to the Cash Flow Statement 

for the Year Ended 31 March 2021 

## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**ACTIVITIES**||||
|---|---|---|---|
|||31.3.21|31.3.20|
|||£|£|
|**Net income for the reporting period (as per the Statement of Financial**||||
|**Activities)**||274,099|109,638|
|**Adjustments for:**||||
|Depreciation charges||27,433|31,251|
|Profit on disposal of fixed assets||(3,175)|-|
|Interest paid||14,269|17,883|
|Increase in stocks||(2,950)|(3,400)|
|Increase in debtors||(56,374)|(22,921)|
|(Decrease)/increase in creditors||(30,355)|40,173|
|**Net cash provided by operations**||222,947|172,624|
|**ANALYSIS OF CHANGES IN NET DEBT**||||
||At 1.4.20|Cash flow|At 31.3.21|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|124,827|187,368|312,195|
||124,827|187,368|312,195|
|**Debt**||||
|Debts falling due within 1 year|(19,290)|(545)|(19,835)|
|Debts falling due after 1 year|(435,616)|20,380|(415,236)|
||(454,906)|19,835|(435,071)|
|**Total**|(330,079)|207,203|(122,876)|



2. **ANALYSIS OF CHANGES IN NET DEBT** 

The notes form part of these financial statements 

Page 12 



Rock Foundation UK Limited 

Notes to the Financial Statements for the Year Ended 31 March 2021 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

Donation and legacy income is received by way of donations and gifts is included in full in the statement of Financial Activities when receivable. The value of services provided by volunteers has not been included in these accounts. 

Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are recognised when the charity becomes entitled to the grant. Grants received in relation to capital expenditure are recognised in the Statement of Financial Activities when the charity becomes entitled to the grants. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Fixture and fittings 20% Straight Line Motor Vehicles 20% Straight Line 

Freehold property -Building 2% Straight Line -Commercial Kitchens 5% Straight Line -Public Toilet Facilities 6.67% Straight Line -Residential Kitchens 10% Straight Line -Residential Bathrooms 10% Straight Line -Heating Systems 10% Straight Line -Alarm Systems 10% Straight Line 

Land is not depreciated. 

Fixed assets are stated at cost less accumulated depreciation. The cost of minor additions under £250 are not capitalised. 

## **Stocks** 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

continued... 

Page 13 



Rock Foundation UK Limited 

Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **1. ACCOUNTING POLICIES - continued** 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charitable company operates a defined contribution pension scheme.Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **Donated goods** 

Donated goods are recognised in income at sales value when they are sold. 

General services provided by volunteers and organisations are not recognised in the statement of financial activities. Further details of these are disclosed in the trustees report. 

Specific services provided by other organisations are recognised in the statement of financial expenditure ad donations and charitable expenditure. 

Donated goods for distribution are recognised in the statement of financial activities when distributed at market value as donations and charitable expenditure. 

## **2. DONATIONS AND LEGACIES** 

## **3.** 

|Donations and gifts<br>**INCOME FROM CHARITABLE ACTIVITIES**<br>Activity<br>Charitable activities<br>Core projects<br>Service provisions<br>Core projects<br>Grants<br>Core projects<br>Insurance claims<br>Core projects<br>Grants<br>Core projects-Restricted<br>Grants received, included in the above, are as follows:<br>Lloyds<br>Humber learning<br>Greggs<br>Screwfix<br>All Churches Trust<br>Walwyn Chapman Trust<br>Clothworkers Foundation<br>Carried forward||31.3.21<br>£<br>734,965<br>31.3.21<br>£<br>6,728<br>50,537<br>15,000<br>-<br>96,232<br>168,497<br>31.3.21<br>£<br>-<br>-<br>-<br>5,000<br>-<br>-<br>-<br>5,000||31.3.20<br>£<br>406,643<br>31.3.20<br>£<br>34,501<br>159,373<br>-<br>14,950<br>100,836<br>309,660<br>31.3.20<br>£<br>24,100<br>18,744<br>2,000<br>5,000<br>2,500<br>4,826<br>16,300<br>73,470|
|---|---|---|---|---|
||||||



Grants received, included in the above, are as follows: 

continued... 

Page 14 



Rock Foundation UK Limited 

## Notes to the Financial Statements - continued 

## for the Year Ended 31 March 2021 

|**3.**<br>**INCOME FROM CHARITABLE ACTIVITIES - continued**<br>Brought forward<br>Bernard Sunley Foundation<br>WRAP<br>Crisis<br>NELC Hardship<br>The Morrisons Foundation<br>North East Lincs<br>DISA<br>Longhurst Group Community<br>Martin Lewis - unrestricted<br>**4.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Core projects<br>**5.**<br>**SUPPORT COSTS**<br>Core projects<br>**6.**<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):<br>Depreciation - owned assets<br>Surplus on disposal of fixed assets<br>**7.**<br>**TRUSTEES' REMUNERATION AND BENEFITS**<br>Trustees' salaries<br>Trustees' social security||31.3.21<br>£<br>5,000<br>-<br>58,988<br>5,000<br>12,000<br>3,744<br>5,000<br>1,500<br>5,000<br>15,000<br>111,232<br>Support<br>Direct<br>costs (see<br>Costs<br>note 5)<br>£<br>£<br>704,085<br>13,657<br>Governance<br>Other<br>costs<br>£<br>£<br>10,457<br>3,200<br>31.3.21<br>£<br>27,433<br>(3,175)<br>31.3.21<br>£<br>37,621<br>3,980<br>41,601|31.3.20<br>£<br>73,470<br>5,000<br>22,366<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>100,836<br>Totals<br>£<br>717,742<br>Totals<br>£<br>13,657<br>31.3.20<br>£<br>31,251<br>-<br>31.3.20<br>£<br>31,114<br>3,103<br>34,217|
|---|---|---|---|
|||||



## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. 

Page 15 

continued... 



Rock Foundation UK Limited 

Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **8. STAFF COSTS** 

|Wages and salaries<br>Social security costs<br>Other pension costs|31.3.21<br>£<br>235,353<br>7,276<br>1,938<br>244,567|31.3.20<br>£<br>237,567<br>6,433<br>1,499|
|---|---|---|
|||245,499|



Included in wages and salaries are contracted out Tutor and consultancy fees of £8,751 (2020: £10,025). 

Included in staff costs are salary and employers national insurance paid to and in relation to key management of £50,351 (2020: £44,241). 

The average monthly number of employees during the year was as follows: 

|<br>Core<br>No employees received emoluments in excess of £60,000.<br>**9.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>fund<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>406,643<br>**Charitable activities**<br>Core projects<br>208,824<br>Core projects-Restricted<br>-<br>**Total**<br>615,467<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Core projects<br>552,364<br>**NET INCOME**<br>63,103<br>**Transfers between funds**<br>29,337<br>**Net movement in funds**<br>92,440<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>370,830<br>**TOTAL FUNDS CARRIED FORWARD**<br>463,270|31.3.21<br> <br>24<br>Restricted<br>fund<br>£<br>-<br>-<br>100,836<br>100,836<br>54,301<br>46,535<br>(29,337)<br>17,198<br>51,220<br>68,418|31.3.20<br>24<br>Total<br>funds<br>£<br>406,643<br>208,824<br>100,836<br>716,303<br>606,665<br>109,638<br>-<br>109,638<br>422,050<br>531,688|
|---|---|---|



Page 16 

continued... 



Rock Foundation UK Limited 

Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **10. FOODBANK DONATIONS** 

Included within donations and gifts during the year in income and also charitable activity expenditure gifts and donations is £258,188 (2020: £210,600). 

This has been calculated based on 19,125 food parcels distributed during the year estimated at a fair value of £13.50 per parcel. 

## **11. TANGIBLE FIXED ASSETS** 

|Fixtures<br>Freehold<br>and<br>property<br>fittings<br>£<br>£<br>**COST**<br>At 1 April 2020<br>870,155<br>111,978<br>Additions<br>-<br>5,774<br>Disposals<br>-<br>(7,198)<br>At 31 March 2021<br>870,155<br>110,554<br>**DEPRECIATION**<br>At 1 April 2020<br>39,214<br>93,364<br>Charge for year<br>17,403<br>4,612<br>Eliminated on disposal<br>-<br>(7,198)<br>At 31 March 2021<br>56,617<br>90,778<br>**NET BOOK VALUE**<br>At 31 March 2021<br>813,538<br>19,776<br>At 31 March 2020<br>830,941<br>18,614<br>**12.**<br>**STOCKS**<br>Stocks<br>**13.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other debtors|Motor<br>vehicles<br>Totals<br>£<br>£<br>38,340<br>1,020,473<br>-<br>5,774<br>(13,500)<br>(20,698)<br>24,840<br>1,005,549<br>13,995<br>146,573<br>5,418<br>27,433<br>(12,375)<br>(19,573)<br>7,038<br>154,433<br>17,802<br>851,116<br>24,345<br>873,900<br>31.3.21<br>31.3.20<br>£<br>£<br>7,000<br>4,050<br>31.3.21<br>31.3.20<br>£<br>£<br>93,230<br>36,856|
|---|---|



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Rock Foundation UK Limited 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

|**14.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
|---|---|---|---|---|
|||31.3.21||31.3.20|
||||£|£|
||Bank loans and overdrafts (see note 16)||19,835|19,290|
||Social security and other taxes||5,931|3,505|
||Other creditors||16,752|49,534|
||||42,518|72,329|
|**15.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**||||
|||31.3.21||31.3.20|
||||£|£|
||Bank loans (see note 16)|415,236||435,616|
|**16.**|**LOANS**||||
||An analysis of the maturity of loans is given below:||||
|||31.3.21||31.3.20|
||||£|£|
||Amounts falling due within one year on demand:||||
||Bank loans||19,835|19,290|
||Amounts falling due in more than five years:||||
||Repayable by instalments:||||
||Bank loans more 5 yr by instal|415,236||435,616|
|**17.**|**SECURED DEBTS**||||
||The following secured debts are included within creditors:||||
|||31.3.21||31.3.20|
||||£|£|
||Bank loans|435,071||454,906|
||CAF Bank Ltd have secured fixed charges over the freehold property 39-43 Heneage Road,|||Grimsby, DN32|
||9ES and Top House Farm, Grimsby Road, Caistor, LN7 6RJ.||||
|**18.**|**MOVEMENT IN FUNDS**||||



|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Core projects<br>**TOTAL FUNDS**|At 1.4.20<br>£<br>463,270<br>68,418<br>531,688|Net<br>movement<br>in funds<br>£<br>289,140<br>(15,041)<br>274,099|At<br>31.3.21<br>£<br>752,410<br>53,377<br>805,787|
|---|---|---|---|



continued... 

Page 18 



Rock Foundation UK Limited 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **18. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>895,609<br>**Restricted funds**<br>Core projects<br>96,232<br>**TOTAL FUNDS**<br>991,841<br>**Comparatives for movement in funds**<br>Net<br>movement<br>At 1.4.19<br>in funds<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>370,830<br>63,103<br>**Restricted funds**<br>Core projects<br>51,220<br>46,535<br>**TOTAL FUNDS**<br>422,050<br>109,638<br>Comparative net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>615,467<br>**Restricted funds**<br>Core projects<br>100,836<br>**TOTAL FUNDS**<br>716,303|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(606,469)<br>289,140<br>(111,273)<br>(15,041)<br>(717,742)<br>274,099<br>Transfers<br>between<br>At<br>funds<br>31.3.20<br>£<br>£<br>29,337<br>463,270<br>(29,337)<br>68,418<br>-<br>531,688<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(552,364)<br>63,103<br>(54,301)<br>46,535<br>(606,665)<br>109,638|
|---|---|



continued... 

Page 19 



Rock Foundation UK Limited 

Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **18. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Core projects<br>**TOTAL FUNDS**|At 1.4.19<br>£<br>370,830<br>51,220<br>422,050|Net<br>movement<br>in funds<br>£<br>352,243<br>31,494<br>383,737|Transfers<br>between<br>funds<br>£<br>29,337<br>(29,337)<br>-|At<br>31.3.21<br>£<br>752,410<br>53,377<br>805,787|
|---|---|---|---|---|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|<br>Resources|Movement|
|---|---|---|---|
||resources|<br>expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,511,076|(1,158,833)|352,243|
|**Restricted funds**||||
|Core projects|197,068|(165,574)|31,494|
|**TOTAL FUNDS**|1,708,144|(1,324,407)|383,737|



## **Restricted Funds** 

All restricted funds are for the core purposes of the charity including the food bank. 

## **Screwfix** 

Amounts received from Screwfix were to pay for equipment and decorating costs. 

## **Wrap** 

Amounts received from WRAP were a contribution towards wages, fuel and food bank purchases. 

## **Crisis** 

Amounts received from Crisis were a contribution towards food bank purchases. 

## **NELC Hardship** 

Amounts received from NELC Hardship Fund were paid as donations towards people in need of help. 

## **The Morrisons Foundation** 

Amounts received from The Morrisons Foundation were to pay for fridges for the food bank. 

## **North East Lincs** 

Amounts received from North East Lincolnshire Council were a contribution towards food bank purchases. 

## **DISA** 

Amounts received from DISA were a contribution towards the cost of equipment at the Caistor site. 

continued... 

Page 20 



Rock Foundation UK Limited 

Notes to the Financial Statements - continued for the Year Ended 31 March 2021 

## **18. MOVEMENT IN FUNDS - continued** 

## **Longhurst Community Group** 

Amounts received from Longhurst Community Group were a contribution towards a poly tunnel. 

## **19. RELATED PARTY DISCLOSURES** 

Gifts of £50,707 (2020: £7,283) were receivable during the year from Rock Caistor Ltd. Rock Caistor Ltd owed the charitable company a balance of £54,776 (2020: £2,303) at the year end. 

Gifts of £71,337 (2020: £15,141) were receivable during the year from Rock Social Enterprise Ltd. Rock Social Enterprise Ltd owed the charitable company a balance of £21,550 (2020: £15,141) at the year end. 

Total donations from Trustees during the year amounted to £4,912 (2020: £7,358) 

This page does not form part of the statutory financial statements 

Page 21