C **ompany Registration Number: 05289213 Charity Commission Number: 1126994** 

## **TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS** 

## **31 MARCH 2021** 

**ABRAMS ASHTON LTD** Chartered Accountants 

7 Waterside Court St Helens Merseyside WA9 1UA 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 MARCH 2021** 

|**CONTENTS**|**PAGE**|
|---|---|
|Trustees Annual Report|**1 to 3**|
|(incorporating the Directors’ Report)||
|Independent Examiner’s Report to the Trustees|**4 to 5**|
|Statement of Financial Activities|**6**|
|(incorporating the Income and Expenditure Account)||
|Balance sheet|**7**|
|Notes to the financial statements|**8 to 12**|
|**The following pages do not form part of the financial statements**||
|Detailed overheads and support costs|**14**|





**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **YEAR ENDED 31 MARCH 2021** 

## **TRUSTEES’ ANNUAL REPORT (incorporating the Directors’ Report)** 

The trustees present their annual report and the unaudited financial statements of the charity for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011, the Companies Act 2006 and the 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) issued in October 2019. 

## **Public Benefit Statement** 

In preparing this report the trustees have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to guidance published by the Charity Commission, ‘Charities and Public Benefit’. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**Registered charity name** Tunza's Pride Limited **Charity registration number** 1126994 **Company registration number** 05289213 **Registered Office** 3 Huyton Avenue Dentons Green St Helens Merseyside WA10 6LY 

## **THE TRUSTEES** 

The trustees who served the company during the year were as follows: 

C H Davey (Director) M G Hodgetts (Director) I G P Smith **Secretary** C H Davey **Accountants** Abrams Ashton Ltd Chartered Accountants 7 Waterside Court St Helens Merseyside WA9 1UA 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The charity is administered by its board of trustees. The Board, together with the senior management team, is responsible for formulating the strategy and policies of the organisation. 

The company is limited by guarantee and governed by its constitution. 

The Trustees have delegated day-to-day management of the charity to Ian Smith, a trustee. 

1 – 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **YEAR ENDED 31 MARCH 2021** 

## **TRUSTEES’ ANNUAL REPORT (incorporating the Directors’ Report) (continued)** 

## **OBJECTIVES AND ACTIVITIES** 

The objects of the charity are: 

- the relief of sickness and the preservation of health among young people residing in the north west of England, through the provision of financial and other assistance; 

- the relief of financial hardship, either generally or individually, of young people living in the north west of England by making grants of money for providing or paying for items, services or facilities and raising awareness among young people. 

## **ACHIEVEMENTS AND PERFORMANCE** 

Covid-19 made a huge impact on the delivery of services and activities at The Tunza Centre between April 2020 and March 2021. In total, we were only able to trade at restricted numbers and capacity, for less than a third of the year. As Covid started to have an impact, our charity reacted to stay in touch with the many families and regular users of the Centre. We created a YouTube Channel, TunzasTV, and made shows from old footage, produced live weekly bingo nights, re-created parts of our popular family nights, and still managed to put together live events beamed into families living rooms for The Virtual Grand National, VE Day and The Virtual Tunza Ball. Devising this TV channel meant we could still be part of the community even though we were closed most of the time and many families looked forward to our weekly shows and quiz nights. 

We also created 3 community reward initiatives with funding acquired by The LCR Care Fund, The Wooden Spoon Foundation and general fundraising schemes. 'Hero on our Street' acknowledged 100 keyworkers, NHS staff who were going above and beyond the call of duty and these workers were nominated by neighbours to receive fresh food and pamper hampers. 'Tunza's Good Egg Awards' recognised 100 children around the Easter time who were being helpful at home, to neighbours and other family members - these children received Easter Eggs and treats. 'Tunza's Helping Hands' scheme recognised 100 volunteers who were helping tirelessly in food banks, shelters and in other ways to help make a difficult time better and these volunteers also received food and pamper hampers as well as certificates for all 300 people. 

We are not sure where we would be without the government business support grants, bounce back loans and the generosity of our supporters, however, the most difficult year we have ever faced was met head-on and Tunza's Pride came out of it with even higher regard within our community. What a journey it was! 

## **FINANCIAL REVIEW** 

The charity has net surplus of income over expenditure for the year of £14,875 (2020 £2,126). The charity held £40,231 (2020 £5,416) in its bank accounts at the year end. Total reserves at the year-end were £80,689 (2020 £65,814). Restricted or designated funds at the year-end were £NIL (2019 £NIL). 

- 2 – 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **YEAR ENDED 31 MARCH 2021** 

## **TRUSTEES’ ANNUAL REPORT (incorporating the Directors’ Report)** 

## **PLANS FOR FUTURE PERIODS** 

Our future plans will include extending our sensory provision once more. Demand, especially since the Covid-19 pandemic, for sensory services, has risen dramatically. We have trialled a Sensory @Home scheme which we plan to roll out as a core service in 2022. Our aim for the next year is to rebuild our activity programme and introduce any new schemes we feel will complement our current services.  We feel that our growth will be somewhat stifled, certainly for a few months, as people get back into the new way of living. Initially, we are planning to slowly reintroduce activities with restricted numbers with a view that once 2022 arrives we will be back to full capacity for weekly activities, and regular events and start once more larger scale functions. 

## **STATEMENT OF TRUSTEES RESPONSIBILITIES** 

Law applicable to incorporated charities in England and Wales requires the trustees, who are also directors for the purposes of company law, to prepare financial statements for each financial year in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.  The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year. 

In preparing those financial statements, the trustees are required to: 

- ➢ Select suitable policies and apply them consistently; 

- ➢ Make judgements and estimates that are reasonable and prudent; 

- ➢ Prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the charity will continue in business; 

- ➢ Observe the methods and principles of the Charities SORP 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2006.  They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. 

This report was approved by the Board on                        and signed on its behalf by 

Signed on behalf of the trustees 

I G P Smith Trustee 

April 2022 

- 3 - 



## **TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TUNZA’S PRIDE LIMITED** 

## **YEAR ENDED 31 MARCH 2021** 

I report on the accounts of the company for the year ended 31 March 2020, which are set out on pages 6 to 12. 

## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** 

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. 

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the Companies Act 2006 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. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **BASIS OF INDEPENDENT EXAMINER’S REPORT** 

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

The directors have carried out a going concern review for the 12 months from the date of approval of these financial statements and in particular have considered the potential implications of the Coronavirus (COVID – 19) pandemic.  Whilst the eventual financial impact of the pandemic on the company, and on the overall economy, remains uncertain, the directors are of the opinion that the company will be able to remain operational.  The company meets its day to day working capital requirements through support from Ian Smith and has put measures in place to assist with this.  On the basis of this review and the continued support of the trustees and members, the directors consider it appropriate to prepare the financial statements on a going concern basis. 

- 4 - 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TUNZA’S PRIDE LIMITED** 

## **YEAR ENDED 31 MARCH 2021** 

## **INDEPENDENT EXAMINER’S STATEMENT** 

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 Companies Act 2006; or 

- 2) The accounts do not accord with those accounting records; or 

- 3) The accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than the requirement to show 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. 

Darren Leigh FCCA Date:……………… 

Abrams Ashton Ltd Chartered Accountants 7 Waterside Court St Helen’s Merseyside WA9 1UA 

-   5   - 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **STATEMENT OF FINANCIAL ACTIVITIES (incorporating the Income & Expenditure Account)** 

## **YEAR ENDED 31 MARCH 2021** 

|||**Un-**|||**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**Restrict**|**Restricted**||**Funds**|**Funds**|
|||**Funds**|**Funds**||**2021**|**2020**|
||**Note**|**£**|**£**||**£**|**£**|
|**INCOMING RESOURCES**|||||||
|Incoming resources from|||||||
|generating funds:|||||||
|Donations and grants|**2**|**66,290**|**10,000**||**76,290**|46,833|
|Charitable Activities|**3**|**28,621**||**-**|**28,621**|69,230|
|**TOTAL INCOMING**||**94,911**|**10,000**||**104,911**|116,063|
|**RESOURCES**|||||||
|**RESOURCES EXPENDED**|||||||
|Costs of generating funds:|||||||
|Fundraising: direct: costs|**4**|**(14,625)**||**-**|**(14,625)**|(34,564)|
|Charitable activities|**5/6**|**(65,411)**|**(10,000)**||**(75,411)**|(79,373)|
|**TOTAL RESOURCES**||**(80,036)**|**(10,000)**||**(90,036)**|(113,937)|
|**EXPENDED**|||||||
|**NET (OUTGOING) RESOURCES**|**7**|**14,875**||**-**|**14,875**|2,126|
|**FOR THE YEAR**/**NET**|||||||
|**(EXPENDITURE) FOR THE**|||||||
|**YEAR**|||||||
|**RECONCILIATION OF FUNDS**|||||||
|Total funds brought forward||**65,814**||**-**|**65,814**|63,688|
|**TOTAL FUNDS CARRIED**||**80,689**||**-**|**81,689**|65,814|
|**FORWARD**|||||||



**The notes on pages 8 to 12 form part of these financial statements.** 

**- 6 -** 



## **TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **BALANCE SHEET** 

## **31 MARCH 2021** 

|||**2021**||2020|
|---|---|---|---|---|
||**Note**|**£**|**£**|£|
|**FIXED ASSETS**|||||
|Tangible assets|**9**||**86,992**|88,114|
|**CURRENT ASSETS**|||||
|Debtors|**10**|**12,000**||-|
|Cash at bank||**40,231**||5,523|
|||--------------------------------||--------------------------------|
|||**52,231**||5,523|
|**CREDITORS: Amounts falling due within one**|||||
|**year**|**11**|**(21,200)**||(27,823)|
|||--------------------------------||-----------------------------------|
|**NET CURRENT ASSETS / (LIABILITIES)**|||**31,031**|(22,300)|
|**CREDITORS: Amounts falling due after one**|||||
|**year**|**12**||**(37,334)**|-|
||||----------------------------------------|-------------------------------------|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|||**80,689**|65,814|
||||=======================================|====================================|
|**FUNDS OF THE CHARITY**|||||
|Restricted funds|**13**||**-**|-|
|Unrestricted funds|**13**||**80,689**|65,814|
||||---------------------------------------|--------------------------------------|
|**TOTAL CHARITY FUNDS**|||**80,689**|65,814|
||||======================================|====================================|



The trustees are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act. 

The trustees acknowledge their responsibilities for: 

- (i) ensuring that the company keeps adequate accounting records which comply with section 386 of the Act, and 

- (ii) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial period in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company. 

These financial statements were approved by the Board on the       April 2022 and are signed on their behalf by: 

………………… I G P Smith Trustee 

Company Registration Number: 05289213 

**The notes on pages 8 to 12 form part of these financial statements.** 

**- 7 -** 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of accounting** 

The financial statements have been prepared in accordance with the 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) (issued in October 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 

Tunza’s Pride Limited is a charitable company limited by guarantee and registered in England. The company’s registered office is: 3 Huyton Avenue, Denton’s Green, St Helens, WA10 6LY. 

Tunza’s Pride Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s) 

The financial statements are prepared in sterling, which is the functional currency of the entity. 

## **Preparation of the accounts on a going concern basis** 

The financial statements have been prepared on a going concern basis. 

The directors consider it appropriate to prepare the financial statements on a going concern basis, in spite of the ongoing impact of the Covid-19 virus on the business.  In common with many companies, the Covid-19 virus and economic lockdown has had a detrimental effect on the company’s business operations.  The directors are aware of the issues that the business faces at this time and has taken advantage of some of the national and local government backed support for which the company is eligible. 

Whilst there is uncertainty around the length of time the Covid-19 pandemic will last and the full economic impact on the economy, the directors believe it is appropriate to adopt the going concern basis of accounting when preparing the financial statements. 

## **Incoming resources** 

Incoming resources from donations, grants, fundraising events and other charitable income are recognised where there is an entitlement, certainty of receipt and the amount can be measured with sufficient reliability. 

Income from the centre’s operating activities is recognised as earned as the related goods and services are provided. 

## **Resources expended** 

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes irrecoverable VAT and is reported as part of the expenditure to which it relates. 

8 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

## 1 **ACCOUNTING POLICIES (continued)** 

Costs of generating funds comprise the costs associated with running the fundraising events. 

Charitable expenditure comprises those costs incurred by the charity in the delivery of services for its beneficiaries. It includes grants paid and those costs of an indirect nature necessary to support the services. 

## **Fixed assets** 

All fixed assets are initially recorded at cost. Any element of fixed assets relating to donations and gifts of goods and services are recorded at fair value. 

## **Depreciation** 

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: 

|Equipment|-|25% straight line|
|---|---|---|
|Property improvements|-|over the terms of the lease|
|Garden project|-|10% straight line|



## **Funds** 

Restricted funds represent income, which may be expended only on those restricted objects provided for, which the income was given. 

All other funds are unrestricted income funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

## **2. VOLUNTARY INCOME** 

|**VOLUNTARY INCOME**|||||
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
||**Funds**|**Funds**|**2021**|2020|
||**£**|**£**|**£**|£|
|**Donations and grants**|||||
|Grants and Awards|**57,740**|**10,000**|**67,740**|17,170|
|Corporate and other donations|**8,550**|**-**|**8,550**|29,663|
||------------------------------------|------------------------------------|||
||||-------------------------------------|--------------------------------------|
||**66,290**|**10,000**|**76,290**|46,833|
||===============================|===============================|===================================|===================================|



## **3. INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS** 

||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|
||**Funds**|**Funds**|**2021**|2020|
||**£**|**£**|**£**|£|
|Fundraising events|**13,373**|**-**|**13,373**|4,895|
|Centre activities|**15,248**|**-**|**15,248**|64,335|
|||------------------------------------|||
||------------------------------------||-----------------------------------|----------------------------------|
||**28,621**|**-**|**28,621**|69,230|
||=================================|===============================|= ===============================|==============================|



9 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

## **4. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS** 

||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|
||**Funds**|**Funds**|**2021**|2020|
||**£**|**£**|**£**|£|
|Costs of running fundraising events|**1,977**|**-**|<br>**1,977**|2,298|
|Direct costs of centre activities|**12,648**|**-**|<br>**12,648**|32,266|
||----------------------------------|-------------------------------|----------------------------------|--------------------------------|
||**14,625**|**-**|<br>**14,625**|34,564|
||================================|===============================|================================|==============================|



## **5. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE** 

||**Unrestricted**|**Restricted**|**Total Funds**|<br>Total Funds|
|---|---|---|---|---|
||**Funds**|**Funds**|<br>**2021**|<br>2020|
||**£**|**£**|**£**|£|
|Donations and grants paid|**383**|**7,877**|**8,260**|<br>33|
|Centre overheads and support costs|<br>**65,028**|**2,123**|**67,151**|<br>79,340|
||-------------------------------|-------------------------------|-------------------------------|---------------------------------|
||**65,411**|**10,000**|**75,411**|<br>79,373|
||===============================|===============================|===============================|================================|



## **6. COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE** 

|||**Centre**|||
|---|---|---|---|---|
||**Activities**|**overheads**|||
||**undertaken**|**& other**|**Total Funds**|<br>Total Funds|
||**directly**|**costs**|**2021**|<br>2020|
||**£**|**£**|**£**|£|
|Donations and grants paid|**8,260**||**8,260**|<br>33|
|Centre overheads and support costs|**-**|**67,151**|**67,151**|<br>79,340|
||-------------------------------|---------------------------------|-------------------------------|--------------------------------|
||**8,260**|**67,151**|<br>**75,411**|<br>79,373|
||===============================|=================================|===============================|===============================|



## **7. NET OUTGOING RESOURCES FOR THE YEAR** 

This is stated after charging: 

|This is stated after charging:|||
|---|---|---|
||**2021**|2020|
||**£**|£|
|Independent Examiners Fees|**3,060**|2,994|
|Depreciation|**8,442**|7,235|
||=========================|==========================|



## **8. PARTICULARS OF REMUNERATION AND EXPENSES** 

No salaries or wages have been paid to employees or trustees during the year, except for the management & consultancy fees paid to Ian Smith, a trustee (see note 15). 

No trustee expenses have been incurred. 

10 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

## **9. TANGIBLE FIXED ASSETS** 

|**ANGIBLE FIXED ASSETS**|||||
|---|---|---|---|---|
||**Property**|**Garden**|**Equipment**|**Totals**|
||**Improvements**|**Project**|||
||**£**|**£**|**£**|**£**|
|**COST**|||||
|At 1 April 2020|105,518|10,034|12,027|127,579|
|Additions|-|4,200|3,120|7,320|
|Disposals|-|-|-|-|
||----------------------------------------|----------------------------------------|--------------------------------|----------------------------------------|
|**At 31 March 2021**|**105,518**|**14,234**|**15,147**|**134,899**|
||==========================================|==========================================|=================================|==========================================|
|**DEPRECIATION**|||||
|At 1 April 2020|31,656|1,003|6,806|39,465|
|Charge for year|5,276|1,423|1,743|8,442|
|Eliminated on disposals|-|-|-|-|
||--------------------------------|--------------------------------|-------------------------------|---------------------------------|
|**At 31 March 2021**|**36,932**|**2,426**|**8,549**|**47,907**|
||================================|================================|=================================|===================================|
|**NET BOOK VALUE**|||||
|**At 31 March 2021**|**68,586**|**11,808**|**6,598**|**86,992**|
||==========================================|==========================================|==================================|========================================|
|At 31 March 2020|73,862|9,031|5,221|88,114|
||==========================================|==========================================|==================================|========================================|



The expenditure on improving the company’s operating premises is to be written off over 20 years. 

## **10. DEBTORS** 

|**10.**|**DEBTORS**|||
|---|---|---|---|
|||**2021**|2020|
|||**£**|£|
||Accrued income – Covid support grant|**12,000**|-|
|||==================================|========================================|
|**11.**|**CREDITORS:** **Amounts falling due within one year**|||
|||**2021**|2020|
|||**£**|£|
||Bank Loans|**2,666**|-|
||Accruals and other creditors|**18,534**|27,283|
|||==================================|========================================|
|||**21,200**|27,823|
|||======================================|========================================|
|**12.**|**CREDITORS:** **Amounts falling due after one year**|||
|||**2021**|2020|
|||**£**|£|
||Bank Loans|**37,334**|-|
|||==================================|========================================|



During the year the charity took advantage of some of the support available during the Covid pandemic. Bank loans relate to unsecured loans through the bounce back loan support scheme. 

11 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

## **13. ANALYSIS OF CHARITABLE FUNDS** 

||**Balance at**|**Incoming**|**Outgoing**|**Balance at**|
|---|---|---|---|---|
||**1 April 2020**|**resources**|**resources**|**31 March 2021**|
|**Un-Restricted Funds**|**£**|**£**|**£**|**£**|
|General Funds|**65,814**|**94,911**|**(80,036)**|**80,689**|
||======================================|=======================================|======================================|=======================================|
|**Restricted Funds**|**£**|**£**|**£**|**£**|
|Garden Project|**-**|**5,000**|**(5,000)**|**-**|
|Covid support fund|**-**|**5,000**|**(5,000)**|**-**|
||======================================|=======================================|======================================|=======================================|
|Total Restricted Funds|**-**|**10,000**|**(10,000)**|**-**|
||======================================|=======================================|======================================|=======================================|
|Total Funds|**65,814**|**104,911**|**(90,036)**|**80,689**|
||======================================|=======================================|======================================|=======================================|



The Garden project was setup in 2018 to provide a suitable, accessible space for all who use the centre. Current year expenditure includes a covered outside area. 

The restricted Covid support fund relates to two support initiatives run by the charity – ‘Hero on our street’ and ‘Helping hands’. These charitable schemes were to support keyworkers and volunteers who worked throughout the pandemic. 

## **14. ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

|||**Net current**|**Liabilities**||
|---|---|---|---|---|
||**Tangible**|**assets /**|**due after**||
||**fixed assets**|**(liabilities)**|**one year**|**Total**|
||**£**|**£**||**£**|
|**Unrestricted Income Funds**|**86,992**|**31,031**|**(37,334)**|**80,689**|
|**Restricted Income Funds**|**-**|**-**|**-**|**-**|
||---------------------------------------|--------------------------------|---------------------------------------|---------------------------------------|
|**Total Funds**|**86,992**|**31,031**|**(37,334)**|**80,689**|
||======================================|==============================|=====================================|======================================|



## **15. RELATED PARTY TRANSACTIONS** 

No single individual or entity has a controlling interest in the company. 

During the year the company has been charged consultancy/management fees of £25,000 (2020 £25,000) by Alibel, a business run by Ian Smith, a trustee. At the year-end there are accrued Alibel fees of £11,355 (2020 £8,960). 

In addition, Ian Smith made personal loans to the charity during the previous year and at the year-end £NIL (2020 £10,725) was still due from the charity. The loan was repaid during the year. 

## **16. COMPANY LIMITED BY GUARANTEE** 

The company is limited by guarantee and no share capital has been issued. Members' liability is limited to a maximum of £10. 

12 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

**The following page does not form part of the statutory financial statements** 

13 



**TUNZA'S PRIDE LIMITED COMPANY LIMITED BY GUARANTEE** 

## **MANAGEMENT INFORMATION** 

## **YEAR ENDED 31 MARCH 2021** 

|**Overheads and Support Costs**<br>**Centre overheads**<br>Rent<br>Rates including water<br>Insurance<br>Light & heat<br>Telephone<br>Printing, post, stationery & advertising<br>Repairs & renewals<br>Equipment leasing<br>Security costs<br>TV subscriptions<br>**Support costs & other expenses**<br>Consultancy fees<br>Licencing & planning fees<br>Accountancy fees<br>Subscriptions<br>General expenses<br>Bank charges<br>Depreciation of property improvements<br>Depreciation of equipment<br>Depreciation of garden project|**£**<br>**13,500**<br>**1,758**<br>**1,518**<br>**1,115**<br>**603**<br>**364**<br>**5,014**<br>**1,991**<br>**1,487**<br>**705**|**2021**<br>**£**<br> <br>**28,055**<br>**39,096**|**£**<br>18,000<br>4,162<br>1,312<br>7,881<br>631<br>550<br>4,342<br>1,991<br>1,321<br>1,123|**2020**<br>**£**<br>41,313<br>38,027|
|---|---|---|---|---|
||**25,000**<br>**180**<br>**3,060**<br>**261**<br>**2,050**<br>**103**<br>**5,276**<br>**1,743**<br>**1,423**||25,000<br>242<br>2,994<br>129<br>2,148<br>279<br>5,276<br>956<br>1,003||
||||||
|||**67,151**||79,340|



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