**REGISTERED COMPANY NUMBER: 05618159 (England and Wales) REGISTERED CHARITY NUMBER: 1127072**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 March 2022**
## **for**
## **The Peaceful Place Ltd**
Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW
**The Peaceful Place Ltd**
## **Contents of the Financial Statements for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**|7|to|8|
|**Cash Flow Statement**||9||
|**Notes to the Cash Flow Statement**||10||
|**Notes to the Financial Statements**|11|to|20|
|**Detailed Statement of Financial Activities**|21|to|22|
**The Peaceful Place Ltd**
## **Report of the Trustees for the Year Ended 31 March 2022**
The Trustees present their report along with financial statements of the charity for the year ended 31 March 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 11 and comply with the charity's governing document, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
Objectives, Aims, Governance, and Management
The Peaceful Place Limited was incorporated as a company limited by guarantee on 10 November 2005. It was established under a memorandum of association which sets out the objects and powers of the charitable company and is governed under its Articles of Association. The memorandum and articles were amended by special resolution on 20 Nov. 2008. The company was granted charitable status by the Charity Commission on 5th December 2008 and became active on 1st April 2009.
The Charity's objective is to empower individuals living with dementia and reduce their isolation through the provision of peer support, cognitive stimulation and physical activities. Our aim is to deliver a social model of care. We recognise them as experts by experience and focus on abilities, skills and talents and not the disability and what they cannot do.
The Charity uniquely provides activities and support to individuals diagnosed with early onset dementia at working age. We have expanded our services to include early-stage dementia as, post covid, we found a lack in provision of stimulating activities for individuals living in the early stage of dementia requiring physical activities, peer support and cognitive stimulation. We have responded to this need, receiving referrals from Thurrock, Southend, and Essex.
As a social model of care, we provide activities that focus on skills, abilities, interests, and talents. Our aim is to slow down the progression of dementia through cognitive stimulation, physical activities, and therapeutic support. We encourage and facilitate opportunities of peer support, creating strong supportive friendships reducing isolation and loneliness and creating a more active community of individuals living well with a diagnosis of dementia.
The day-to-day management of the Charity is delegated to the Chief Executive Officer, Charlotte Curran who reports to the Board of Trustees at quarterly meetings. The Board further dedicates time and expertise to Finance and Fundraising Sub-Committee meetings.
Page 1
**The Peaceful Place Ltd**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **OBJECTIVES AND ACTIVITIES Significant activities**
We recognise the strength in partnership approach to meeting the various needs and desires of our members.
## Inhouse Partners:-
- Suffolk Music Therapy,
- Therapy in Musical Expression (T.I.M.E),
- YOGA and mindfulness
- Art Therapy.
- Cognitive stimulation through arts and crafts, quizzes, puzzles and games.
## Community partners: -
Sports for Confidence, who provide sensory swimming, strength and balance, Love to Move, multi sports, Boccia, track and table tennis at our local leisure centres daily.
- Hashtag United FC -a partnership in setting up and delivering walking football to an exclusive Peaceful Place dementia team.
- The Barstable Social club- accessing their facilities of room space for YOGA, snooker, darts, following football games and sporting events in a social club environment.
- Viva Sinfonia Orchestra - inhouse and community projects.
Whilst we recognise the importance of creating a space that is inclusive and empowering for our members living with Dementia, we further consider the needs of family carers, who may need to attend work, have parenting duties and household responsibilities and demands. The service begins with the majority of members being collected from 8 o clock in the morning with last drop off at 6 in the evening. We provide a cooked breakfast and lunch, catering for all dietary needs. We facilitate and support peer support family carer groups and assist, advise and refer on all matters relating to caring role.
Referrals: We receive referrals from various Health and Social Care professionals from Thurrock, Southend and Essex.
Environment: Our purpose-built facility provides a warm welcoming and safe environment for our members.
## **Public benefit**
The Trustees and CEO continuously considers their responsibilities for ensuring the charity has a benefit to the public and are satisfied they meet this requirement. We have responded, post covid to an unmet and increasing need of individuals in early-stage dementia requiring an active and stimulating service. Peaceful Place remains the only service in Essex providing specialist early onset dementia care. We further provide opportunities for volunteering and student placement.
Charity Shop: Charity Shop income continues to be a valuable and consistent income for the running and maintenance of Peaceful Place services. The Board continue in their admiration of, and gratitude for, the dedication of volunteers both within the Charity Shop and Peaceful Place service.
## **ACHIEVEMENT AND PERFORMANCE**
- Peaceful Place was successful in winning the "Strengthening Communities Award" having been nominated by external partners for its excellent work in keeping members physically active through leisure services.
- Peaceful Place members worked with an international Artist, through the Creative Basildon Initiative, by designing and creating a significant mural representing Peaceful Place, on the walls in Basildon Town Centre.
- Peaceful place members worked in partnership with Sinfonia Viva Orchestra by composing a piece of music and performing this on stage at the Towngate Theatre Basildon.
- Our intergenerational project brought Kool Carers, (children caring for adults) to Peaceful Place to create songs, music and art together.
- Our partnership with Hashtag United FC has led to the setting up of a dementia walking football team where our members are trained weekly by a professional coach at Hashtag's football grounds.
- Members attend various local leisure centres where they are met by Occupational Therapist from Sports for Confidence.
Page 2
**The Peaceful Place Ltd**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **FINANCIAL REVIEW**
## **Principal funding sources**
The primary funding source comes from Adult Social Care budgets for spot purchased placements as well as private paying customers. Project costs are funded through charitable trusts, income from the Charity shop and donations.
## **Reserves policy**
The Trustees recognise the need to keep free reserves to protect the Charity in case of loss of income and to support new opportunities as they arise. The Trustees have considered their reserves policy and have agreed maintaining free reserves (being general funds excluding those tied up in fixed assets or designated by the trustees) at six-months operating costs to ensure the Charity remains stable and viable for the future.
## **Funds in deficit**
The charity made a surplus in the year of £41,389 which is significant improvement to our previous years deficit of £22,838. The Board expects to continue in a surplus making position for the current year.
## **FUTURE PLANS**
The Charity is committed to continuing and expanding its offerings for the benefit of those living with early onset dementia, and their Carers, by further developing relationships with both Inhouse and Community Partners. In the longer term, the Charity would like to expand into a second Daycare Centre and to open a second Charity Shop. The Trustees, and CEO, are working on a strategy to achieve this within the next 2-3 years.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## CORONAVIRUS PANDEMIC
The Coronavirus pandemic during 2020 led to much uncertainty for the charity and it's staff and service users. The charity was very fortunate to receive some continued financial contributions from some of our local authorities. We further thank Charitable trusts for their support. The support of government schemes towards the furlough of staff also assisted in ensuring the financial stability of the charity.
The Trustees have reviewed the risk associated with Coronavirus after the balance sheet date and have designated an emergency fund of £100,000 for use should the charity suffer further financial disruption due to government restrictions or instances of service user or staff illness or isolation. Approved by order of the board of trustees on 15 October 2021 and signed on its behalf by: Mrs Ann Davenport Chair.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
05618159 (England and Wales)
## **Registered Charity number**
1127072
## **Registered office**
261 Timberlog Lane Basildon Essex SS14 1PA
## **Trustees**
Mr C Cormack (deceased 3.10.2021) Mrs A Davenport Chairperson Mrs S Hillier Mr G Baker Trustee (appointed 2.7.2021) Mr W J Gould Trustee (appointed 10.2.2022)
## **Company Secretary**
Butlers Financial Limited
Page 3
**The Peaceful Place Ltd**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Independent Examiner** Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW
Approved by order of the board of trustees on 27 January 2023 and signed on its behalf by:
Mrs A Davenport - Trustee
Page 4
## **Independent Examiner's Report to the Trustees of The Peaceful Place Ltd**
## **Independent examiner's report to the trustees of The Peaceful Place Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **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 ICAEW 9130081 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.
Hayley Meagher ICAEW 9130081 Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW
27 January 2023
Page 5
## **The Peaceful Place Ltd**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
Core dementia services
Other trading activities
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
6
Core dementia services
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
10,441
262,005
56,588
666
329,700
8,011
280,300
288,311
41,389
1,400,776
1,442,165|Restricted
funds
£
-
21,110
-
-
21,110
-
21,110
21,110
-
-
-|31.3.22
Total
funds
£
10,441
283,115
56,588
666
350,810
8,011
301,410
309,421
41,389
1,400,776
1,442,165|31.3.21
Total
funds
£
15,727
183,259
15,424
33,158
247,568
16,311
254,095
270,406
(22,838)
1,423,614
1,400,776|
|---|---|---|---|---|
The notes form part of these financial statements
Page 6
## **The Peaceful Place Ltd**
## **Balance Sheet 31 March 2022**
|Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds:
General fund
Designated - Timberlog Lane Centre
Redundancy reserve fund
Covid emergency continuation fund
**TOTAL FUNDS**|Unrestricted
funds
£
995,071
28,104
428,034
456,138
(9,044)
447,094
1,442,165
1,442,165|Restricted
funds
£
-
-
-
-
-
-
-
-|31.3.22
Total
funds
£
995,071
28,104
428,034
456,138
(9,044)
447,094
1,442,165
1,442,165
365,987
936,178
40,000
100,000
1,442,165
1,442,165|31.3.21
Total
funds
£
994,753
22,281
398,318
420,599
(14,576)
406,023
1,400,776
1,400,776
324,598
936,178
40,000
100,000
1,400,776
1,400,776|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 7
**The Peaceful Place Ltd**
## **Balance Sheet - continued 31 March 2022**
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 27 January 2023 and were signed on its behalf by:
Mrs A Davenport - Trustee
The notes form part of these financial statements
Page 8
## **The Peaceful Place Ltd**
## **Cash Flow Statement for the Year Ended 31 March 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|31.3.22
£
57,553
57,553
(27,837)
(27,837)
29,716
398,318
428,034|31.3.21
£
11,410
11,410
(27,476)
(27,476)
(16,066)
414,384
398,318|
|---|---|---|
The notes form part of these financial statements
Page 9
**The Peaceful Place Ltd**
## **Notes to the Cash Flow Statement for the Year Ended 31 March 2022**
## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**OPERATING ACTIVITIES**|||
|---|---|---|
|**Net income/(expenditure) for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
(Increase)/decrease in debtors
(Decrease)/increase in creditors
**Net cash provided by operations**|31.3.22
£
41,389
27,519
(5,823)
(5,532)
57,553|31.3.21
£
(22,838)
25,273
3,122
5,853|
|||11,410|
## 2. **ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|398,318|29,716|428,034|
||398,318|29,716|428,034|
|**Total**|398,318|29,716|428,034|
The notes form part of these financial statements
Page 10
**The Peaceful Place Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **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.
## **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.
Plant and machinery - Straight line over 8 years Fixtures and fittings - 25% on cost Computer equipment - 50% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **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.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **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.
continued...
Page 11
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
|**2.**
**DONATIONS AND LEGACIES**
Gifts and donations
Grants
Grants received, included in the above, are as follows:
Fowler Smith and Jones Trust
Other grants
**3.**
**OTHER TRADING ACTIVITIES**
Shop income
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Day centre fees
Core dementia services
Grants
Core dementia services
Grants received, included in the above, are as follows:
Essex Community Foundation
Lottery Community Fund
Groundwork UK
Essex County Council
National Lottery|31.3.22
£
7,441
3,000
10,441
31.3.22
£
3,000
-
3,000
31.3.22
£
56,588
31.3.22
£
253,969
29,146
283,115
31.3.22
£
5,180
-
-
14,166
9,800
29,146|31.3.21
£
4,387
11,340
15,727
31.3.21
£
-
11,340
11,340
31.3.21
£
15,424
31.3.21
£
157,049
26,210|31.3.21
£
4,387
11,340
15,727
31.3.21
£
-
11,340
11,340
31.3.21
£
15,424
31.3.21
£
157,049
26,210|
|---|---|---|---|
|||183,259||
|||31.3.21
£
-
25,050
1,160
-
-
26,210||
||||26,210|
continued...
Page 12
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **5. RAISING FUNDS**
||**Raising donations and legacies**||||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||£|£|
||Staff costs||-|7,041|
||Fundraising expenses||151|176|
||||151|7,217|
||**Other trading activities**||||
||||31.3.22|31.3.21|
||||£|£|
||Rent||4,350|3,770|
||Cleaning materials||30|36|
||Telephone and internet||336|615|
||Printing and postage||268|149|
||Repairs and renewals||235|1,987|
||Insurance||90|99|
||Light and heat||796|309|
||Waste disposal||509|693|
||Water and rates||925|142|
||Direct costs||285|794|
||Travel & Training||36|-|
||Volunteer Gifts||-|500|
||||7,860|9,094|
||Aggregate amounts||8,011|16,311|
|**6.**|**CHARITABLE ACTIVITIES COSTS**||||
||||Support||
|||Direct|costs (see||
|||Costs|note 7)|Totals|
|||£|£|£|
||Core dementia services|297,765|3,645|301,410|
continued...
Page 13
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**||||
|---|---|---|---|
|||Governance||
||Finance|costs|Totals|
||£|£|£|
|Core dementia services|1,305|2,340|3,645|
|**NET INCOME/(EXPENDITURE)**||||
|Net income/(expenditure) is stated after charging/(crediting):||||
|||31.3.22|31.3.21|
|||£|£|
|Other non-audit services||2,340|2,340|
|Depreciation - owned assets||27,519|25,273|
|Other operating leases||4,350|3,770|
## **8. NET INCOME/(EXPENDITURE)**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **10. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Operational|31.3.22
£
156,831
8,517
2,791
168,139
31.3.22
6|31.3.21
£
167,428
8,645
2,388|
|---|---|---|
|||178,461|
|||31.3.21
6|
No employees received emoluments in excess of £60,000.
continued...
Page 14
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Core dementia services
Other trading activities
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Core dementia services
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**ACTIVITIES**
Unrestricted
funds
£
15,727
157,049
15,424
33,158
221,358
16,311
227,885
244,196
(22,838)
5,000
(17,838)
1,418,614
1,400,776|Restricted
funds
£
-
26,210
-
-
26,210
-
26,210
26,210
-
(5,000)
(5,000)
5,000
-|Total
funds
£
15,727
183,259
15,424
33,158
247,568
16,311
254,095
270,406
(22,838)
-
(22,838)
1,423,614
1,400,776|
|---|---|---|---|
Page 15
continued...
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **12. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2021
Additions
At 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
**COST**
At 1 April 2021
Additions
At 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income|Freehold
property
£
936,178
-
936,178
-
-
-
936,178
936,178
Motor
vehicles
£
89,256
21,000
110,256
49,532
10,657
60,189
50,067
39,724
|Fixtures
Plant and
and
machinery
fittings
£
£
-
72,409
2,055
4,624
2,055
77,033
-
53,902
561
16,005
561
69,907
1,494
7,126
-
18,507
Computer
equipment
Totals
£
£
1,027
1,098,870
158
27,837
1,185
1,126,707
683
104,117
296
27,519
979
131,636
206
995,071
344
994,753
31.3.22
31.3.21
£
£
4,550
2,625
23,554
19,656
28,104
22,281|Fixtures
and
fittings
£
72,409
4,624|Fixtures
and
fittings
£
72,409
4,624|
|---|---|---|---|---|
||||77,033||
||||53,902
16,005||
||||69,907||
||||7,126||
||||18,507||
||||104,117
27,519||
||||131,636||
||||995,071||
||||994,753||
||||31.3.21
£
2,625
19,656
22,281||
|||||22,281|
Page 16
continued...
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Designated - Timberlog Lane Centre
Redundancy reserve fund
Covid emergency continuation fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Thriving Sector
Sports Project
Drivers/Buddies Fund
**TOTAL FUNDS**|At 1.4.21
£
324,598
936,178
40,000
100,000
1,400,776
1,400,776
Incoming
resources
£
329,700
5,180
10,680
5,250
21,110
350,810||31.3.22
£
3,236
2,963
-
2,845
9,044
Net
movement
in funds
£
41,389
-
-
-
41,389
41,389
Resources
expended
£
(288,311)
(5,180)
(10,680)
(5,250)
(21,110)
(309,421)|31.3.21
£
6,184
3,437
180
4,775
14,576
At
31.3.22
£
365,987
936,178
40,000
100,000|31.3.21
£
6,184
3,437
180
4,775
14,576
At
31.3.22
£
365,987
936,178
40,000
100,000|
|---|---|---|---|---|---|
|||||1,442,165||
|||||1,442,165||
|||||Movemen
in funds
£
41,389
-
-
-
-
41,389||
||||||-|
||||||41,389|
## **15. MOVEMENT IN FUNDS**
continued...
Page 17
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1.4.20
in funds
£
£
**Unrestricted funds**
General fund
342,436
(22,838)
Designated - Timberlog Lane Centre
936,178
-
Redundancy reserve fund
40,000
-
Covid emergency continuation fund
100,000
-
1,418,614
(22,838)
**Restricted funds**
Minibuses grants
5,000
-
**TOTAL FUNDS**
1,423,614
(22,838)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
221,358
**Restricted funds**
Lottery Covid Fund
25,050
Groundwork UK
1,160
26,210
**TOTAL FUNDS**
247,568||Transfers
between
funds
£
5,000
-
-
-
5,000
(5,000)
-
Resources
expended
£
(244,196)
(25,050)
(1,160)
(26,210)
(270,406)|At
31.3.21
£
324,598
936,178
40,000
100,000
1,400,776
-
1,400,776
Movement
in funds
£
(22,838)
-
-
-
(22,838)|
|---|---|---|---|
|||||
|||||
|||||
continued...
Page 18
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated - Timberlog Lane Centre
Redundancy reserve fund
Covid emergency continuation fund
**Restricted funds**
Minibuses grants
**TOTAL FUNDS**|At 1.4.20
£
342,436
936,178
40,000
100,000
1,418,614
5,000
1,423,614|Net
movement
in funds
£
18,551
-
-
-
18,551
-
18,551|Transfers
between
funds
£
5,000
-
-
-
5,000
(5,000)
-|At
31.3.22
£
365,987
936,178
40,000
100,000|
|---|---|---|---|---|
|||||1,442,165
-|
|||||1,442,165|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Lottery Covid Fund
Groundwork UK
Thriving Sector
Sports Project
Drivers/Buddies Fund
**TOTAL FUNDS**|Incoming
resources
£
551,058
25,050
1,160
5,180
10,680
5,250
47,320
598,378|Resources
Movement
expended
in funds
£
£
(532,507)
18,551
(25,050)
-
(1,160)
-
(5,180)
-
(10,680)
-
(5,250)
-
(47,320)
-
(579,827)
18,551|Resources
Movement
expended
in funds
£
£
(532,507)
18,551
(25,050)
-
(1,160)
-
(5,180)
-
(10,680)
-
(5,250)
-
(47,320)
-
(579,827)
18,551|
|---|---|---|---|
||||-|
||||18,551|
## Restricted Funds:
Restricted funds held are for separable funded projects that are in relation to projects relating to the operation of the day centre.
## Designated Funds:
Timberlog Lane Fund: This fund holds reserves equal to the value of the property in order to protect these funds from general use and provide clarity over general funds available.
continued...
Page 19
**The Peaceful Place Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 20
**The Peaceful Place Ltd**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
||31.3.22|31.3.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts and donations|7,441|4,387|
|Grants|3,000|11,340|
||10,441|15,727|
|**Other trading activities**|||
|Shop income|56,588|15,424|
|**Charitable activities**|||
|Day centre fees|253,969|157,049|
|Grants|29,146|26,210|
||283,115|183,259|
|**Other income**|||
|Other Income|666|33,158|
|**Total incoming resources**|350,810|247,568|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|-|6,527|
|Social security|-|396|
|Pensions|-|118|
|Fundraising expenses|151|176|
||151|7,217|
|**Other trading activities**|||
|Rent|4,350|3,770|
|Cleaning materials|30|36|
|Telephone and internet|336|615|
|Printing and postage|268|149|
|Repairs and renewals|235|1,987|
|Insurance|90|99|
|Light and heat|796|309|
|Waste disposal|509|693|
|Water and rates|925|142|
|Direct costs|285|794|
|Travel & Training|36|-|
|Volunteer Gifts|-|500|
||7,860|9,094|
|**Charitable activities**|||
|Wages|156,831|160,901|
|Carried forward|156,831|160,901|
This page does not form part of the statutory financial statements
Page 21
## **The Peaceful Place Ltd**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the Year Ended 31 March 2022**|||
||31.3.22|31.3.21|
||£|£|
|**Charitable activities**|||
|Brought forward|156,831|160,901|
|Social security|8,517|8,249|
|Pensions|2,791|2,270|
|Insurance|1,690|1,131|
|Light and heat|4,713|3,295|
|Telephone|3,788|2,895|
|Postage and stationery|1,610|1,138|
|Activity equipment & materials|16,446|940|
|Catering|13,954|3,067|
|Cleaning & medical supplies|8,149|2,406|
|IT software & consumables|2,417|3,771|
|Maintenance and ground repairs|8,858|1,138|
|Advertising & marketing|2,295|421|
|Funeral/Flower costs|361|-|
|Plant repairs & maintenance|550|1,385|
|Professional Fees|291|792|
|Subscriptions and licences|977|480|
|Protective clothing & uniform|245|2,069|
|Training & Travel|926|2,192|
|Vehicle expenses|18,417|5,986|
|Waste disposal|2,821|1,572|
|Staff entertaining|480|270|
|Bookkeeping|3,730|3,694|
|Project Costs|-|9,360|
|HR & risk assessment|6,140|6,210|
|Health & Safety costs|3,249|-|
|Plant and machinery|514|-|
|Fixtures and fittings|16,052|15,529|
|Motor vehicles|10,657|9,487|
|Computer equipment|296|257|
||297,765|250,905|
|**Support costs**|||
|**Finance**|||
|Bank charges|1,305|850|
|**Governance costs**|||
|Auditors' remuneration for non audit work|2,340|2,340|
|Total resources expended|309,421|270,406|
|**Net income/(expenditure)**|41,389|(22,838)|
This page does not form part of the statutory financial statements
Page 22