REGISTERED COMPANY NUMBER: 06653688 (England and Wales) REGISTERED CHARITY NUMBER: 1127528
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
FOR
PRO:ACTION HERTFORDSHIRE
Gary J Cansick & Co Chartered Accountants 6 Hartham Lane Hertford Hertfordshire SG14 1QN
PRO:ACTION HERTFORDSHIRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes to the Financial Statements | 10 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
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 2022. 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
Pro:Action Hertfordshire aims to act as a single point of contact membership organisation for groups working with and supporting children and young people between the ages of 11 and 19 years old, living in or near Hertfordshire. Members can access information, advice and guidance on a range of topics including legislation, compliance and sustainability. The trustees extended services to children and young people by lowering the age supported to between the ages of 5 and 18 (plus 19- to 25-year-olds with learning difficulties and/or disabilities) in line with local services.
The trustees confirm that they have had due regard to the guidance on public benefit requirements, as set out by the Charity Commission in January 2008 and amended in December 2011, when reviewing the charity's aims and objectives and in planning future activities.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
We have identified the following strategic aims:
1. For children and young people in the county we aim to:
-
raise the quality of provision so that they know they will receive the best possible support from whichever
-
organisation or group they engage with.
-
ensure that all providers in the county are meeting the Hertfordshire Safeguarding Children's Partnership (HSCP)
-
requirements.
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increase our support to improve their wellbeing and resilience.
-
For those working in the sector we aim to:
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increase the opportunities for partnership working and, in this way increase engagement and support to young people.
-
support the development of knowledge, skills and understanding through quality training.
3. For ourselves we aim to:
-
increase our reach and impact as an organisation.
-
improve the measurement of our performance and impact.
Significant activities
Pro:Action Hertfordshire supports, represents and champions the many organisations and individuals across Hertfordshire who work with children and young people. Our vision is for "Every young person in Hertfordshire to access safe, high-quality opportunities and provision to enhance their growth, development and well-being."
Pro:Action was formed from the merger of two organisations that supported the voluntary youth work sector. Our membership now includes organisations from the voluntary, private and public sectors and covers the full range of children and young people's interests; sports, dance, youth, arts, play, faith-based organisations, uniformed groups, statutory organisations and many more.
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PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRATEGIC REPORT Achievement and performance
Communication & engagement
The most popular form of communication with our members remains primarily via telephone or e mail, although physical visits are slowly increasing.
Our social media platforms of Twitter, Facebook, Instagram, and LinkedIn have been crucial tools to share key information, highlight legislative updates and maintain a presence in the sector. The organisation has one designated point of contact via email or phone, limiting duplication.
Most of our project work continues to focus on safeguarding, compliance and wellbeing, which is supported through the delivery of quality training, and information, advice and guidance.
We have seen an increase in queries regarding policies and procedures and we believe this is as a result of our focus on compliance and safeguarding. Our team continues to work closely with members to highlight the importance and need for policies and procedures to be fit for purpose in all member settings, which has been brought into sharp focus as a result of the pandemic.
We have now moved completely to an online DBS applications process, which is now running smoothly and has made the process considerably faster for most members.
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PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRATEGIC REPORT
Achievement and performance
2021-22 has been very much a year of recovery, challenge and diversity. As in previous years, our financial sustainability remains a priority as we navigate our revised funding strategy. A revised grant of £50,000 has been secured from Hertfordshire County Council, YC Hertfordshire (Hertfordshire County Council Services for Young People) and remains secure at this time. We have been able to successfully generate income from training projects and small-scale localised fundraising activity; despite this, we ended the year with a small deficit.
The charity is now functioning smoothly with 3 part-time staff, who continue to work solely from home following the termination of our office lease during the pandemic. We also now have a social media volunteer who supports us in sharing information that benefits our members. They remain committed, passionate, and professional in continuing to deliver our membership services
Pro:Action continues to be held in high esteem across the county and the trustees are committed to seeing the organisation grow its impact and influence across the children and young people's sector in Hertfordshire. As a membership organisation, our focus is to support our member groups, and this has continued and thrived with a much greater need and a much more diverse way in which they operate. Members continue to deliver some virtual activities when needed, but their face-to-face sessions and attendance of young people has grown. This in turn has assisted over 12,000 young people and children across Hertfordshire.
Pro:Action continues to be the only sector-specific, infrastructure support organisation in the county, with a clear and defined membership offer based around our three key areas of Quality, Safeguarding and Wellbeing. Over the past year the team provided information, advice and guidance to our member organisations face to face and visited their settings. We continue to provide an individual response to need, which remains a significant feature of our membership offer and underlines the importance of the relationship with our member groups, their staff and volunteers.
The diversity of our membership can be defined in the following ways:
-
their main purpose or aims
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their organisation type or sector within which they operate
-
the district or borough within which they operate
Training
90 individuals working with children and young people undertook training with Pro -Action during this year, with a rise in the need for Mental Health & Wellbeing awareness for the sectors workforce.
We have secured an annual rolling training programme with The Wren Academy to support children and young people with wellbeing and mentoring.
We also have a new varied rolling training programme with Watford Football Club - delivering wellbeing and mental health awareness to all of their youth and first team staff and volunteers.
We deliver most training through online learning methods. As a result of the pandemic, it seems that most organisations prefer this still, as it avoids additional costs of travel and venue hire.
We were also able to offer ELAS training courses, which have been helpful for individuals as part of an induction process or as refresher training. These courses offered members the chance to learn at their own pace and online, therefore removing the need for face-to-face input.
Our bespoke training packages continue to be rolled out and have enabled us to raise additional funds for the organisation. We continue to design and deliver bespoke content with key partners in order to expand our offer further.
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PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRATEGIC REPORT Financial review
Principal funding sources
Pro - Action Hertfordshire would like to express its thanks to all its funders for their support, particularly YC Hertfordshire (Hertfordshire County Council Services for Young People) for its core funding to support, maintain and improve the infrastructure of Hertfordshire's Children and Young People's Voluntary and Community Sector.
Thanks also go to all the organisations and donors who contributed in the year to our Christmas Raffle, Christmas Card Competition and Sponsored Walk including:
-
Peoples Fundraising
-
Amazon Smile
-
Easy Fundraising
-
Individuals who wish to remain anonymous
Funds structure
The charity holds funds as either restricted or unrestricted. Restricted funds are restricted income funds used for specific restricted projects in furtherance of the objects of the charity. Any deficit in a restricted fund is met by a transfer from the unrestricted funds of the charity.
Amounts within unrestricted funds can be set aside for a particular project and shown as a separate designated fund. The designation has an administrative purpose only and does not legally restrict the trustee's discretion to apply the fund.
Reserves policy
The Trustees aim to hold unrestricted funds at a level equal to three months' budgeted expenditure in order to maintain financial stability for beneficiaries, funders, supporters and employees. The level of reserves available on 31 March 2022 is £45,298 (2021 £46,480), should the need arise, to fund:
-
fluctuations in income due to delayed receipt of statutory and contract payments
-
unplanned but necessary expenditure
Going concern
The trustees believe the charity's financial resources are sufficient to ensure that the charity will continue as a going concern for the foreseeable future, being at least 12 months from the date of approval of the financial statements and have therefore prepared the financial statements on the going concern basis.
Principal risks and uncertainties
It is the responsibility of the trustees and management to identify, assess, manage and monitor the financial and non-financial risks to the charity. The trustees, together with the COO are working together to establish a risk register which will be reviewed and updated regularly.
The principal risk that faces the charity continues to be funding. We continue to be reliant on core funding from Hertfordshire County Council which can only be guaranteed on an annual basis. As a much smaller organisation with fewer employees and without the running costs of premises, our funding requirements are significantly reduced, though we do have a funding gap of c£20,000 per annum. The trustees, together with the team, are committed to raising these funds by exploring a wide range of funding streams.
Future plans
The charity plans continuing the activities outlined above in the forthcoming years, subject to satisfactory funding arrangements.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Pro:Action Hertfordshire is a company limited by guarantee, as defined by the Companies Act 2006, and was incorporated on 23 July 2008. It was registered as a charity on 14 January 2009. It is controlled by its governing document, a deed of trust, and its memorandum of association, which established the objects and powers of the charity.
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PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The trustees of the company consist of the chairman and 4 members, all of whom are members of the management committee. The maximum number of committee members shall be determined by the company in the Annual General Meeting (AGM) but, unless and until so fixed, there shall be no maximum number.
The minimum number of committee members shall be four. The committee shall have power at any time to appoint any person to be a committee member, either to fill a casual vacancy, or as an addition to the existing members. All trustees retire from office at the next AGM following their election. At the end of this period, they may seek re-election and shall be permitted to serve in consecutive three-year terms.
Organisational structure
The charity is managed by the trustees. Trustees meet five to six times a year. Committees and working groups are formed when appropriate, on a temporary basis.
The COO and the Chairman of the Trustees communicate regularly with each other and the other Trustees by telephone or email to reach decisions on important matters arising between trustee meetings.
Responsibility for the day-to-day management of Pro-Action Hertfordshire lies with the COO with powers and responsibilities approved by the trustees.
Induction and training of new trustees
Trustees are provided with a full information pack on their appointment and are encouraged to attend training appropriate to their role.
Key management remuneration
The salary of the Chief Operating Officer has been set by reference to market rates for similar positions in the same sector.
Related parties
Trustees did not receive any remuneration, benefits or expenses during the year, nor were there any related party transactions. Note 13 in the notes to the financial statements refers to a prior year related party transaction.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06653688 (England and Wales)
Registered Charity number
1127528
Registered office
24 Castle Street Hertford Hertfordshire SG14 1HP
Trustees
Ms L Hopson R M Horwood (resigned 25.3.22) R L H Merton MBE (resigned 13.9.22) Ms S E Purvis Ms M Pynn Mrs M S E Croft B W Flanagan (appointed 25.3.22)
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PRO:ACTION HERTFORDSHIRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Gary J Cansick & Co Chartered Accountants 6 Hartham Lane Hertford Hertfordshire SG14 1QN
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 30 December 2022 and signed on the board's behalf by:
Ms S E Purvis - Trustee
Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PRO:ACTION HERTFORDSHIRE
Independent examiner's report to the trustees of Pro:action Hertfordshire ('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
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:
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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
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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
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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.
Gary J Cansick ICAEW Gary J Cansick & Co Chartered Accountants 6 Hartham Lane Hertford Hertfordshire SG14 1QN
30 December 2022
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PRO:ACTION HERTFORDSHIRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 1,359 | - | 1,359 | 3,502 | |
| Charitable activities | |||||
| Grants | 50,050 | 11,927 | 61,977 | 85,205 | |
| Other trading activities | 2 | 25,164 | - | 25,164 | 10,147 |
| Total | 76,573 | 11,927 | 88,500 | 98,854 | |
| EXPENDITURE ON | |||||
| Raising funds | 3 | 69,475 | 11,927 | 81,402 | 82,443 |
| Other | 8,280 | - | 8,280 | 7,890 | |
| Total | 77,755 | 11,927 | 89,682 | 90,333 | |
| NET INCOME/(EXPENDITURE) | (1,182) | - | (1,182) | 8,521 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 44,826 | 1,654 | 46,480 | 37,959 | |
| TOTAL FUNDS CARRIED FORWARD | 43,644 | 1,654 | 45,298 | 46,480 |
The notes form part of these financial statements
Page 8
PRO:ACTION HERTFORDSHIRE
BALANCE SHEET 31 MARCH 2022
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 8 | 516 | - | 516 | 133 | |
| CURRENT ASSETS | ||||||
| Debtors | 9 | 944 | - | 944 | 14,665 | |
| Cash at bank and in hand | 51,406 | 1,654 | 53,060 | 75,862 | ||
| 52,350 | 1,654 | 54,004 | 90,527 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 10 | (9,222) | - | (9,222) | (44,180) | |
| NET CURRENT ASSETS | 43,128 | 1,654 | 44,782 | 46,347 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 43,644 | 1,654 | 45,298 | 46,480 | ||
| NET ASSETS | 43,644 | 1,654 | 45,298 | 46,480 | ||
| FUNDS | 11 | |||||
| Unrestricted funds | 43,644 | 44,826 | ||||
| Restricted funds | 1,654 | 1,654 | ||||
| TOTAL FUNDS | 45,298 | 46,480 |
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
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(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.
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 30 December 2022 and were signed on its behalf by:
S E Purvis - Trustee
The notes form part of these financial statements
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PRO:ACTION HERTFORDSHIRE
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.
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
-
the requirements of Section 7 Statement of Cash Flows;
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the requirement of paragraph 3.17(d);
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the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
-
the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A.
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.
Fixtures and fittings
- 50% on cost, 33% on cost and 20% 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.
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...
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PRO:ACTION HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Fundraising events | 5,924 | 929 | |
| Pro:Action training | 19,240 | 9,218 | |
| 25,164 | 10,147 | ||
| 3. | RAISING FUNDS | ||
| Finance costs | |||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Interest payable and similar charges | 20 | 48 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Depreciation - owned assets | 197 | 2,354 | |
| Independent Examiners Fee | 1,800 | 1,800 |
5. 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.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.3.22 | 31.3.21 | |
|---|---|---|
| Employees | 3 | 3 |
No employees received emoluments in excess of £60,000.
continued...
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PRO:ACTION HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,502 - Charitable activities Grants 61,000 24,205 Other trading activities 10,212 (65) Total 74,714 24,140 EXPENDITURE ON Raising funds 58,238 24,205 Other 7,890 - Total 66,128 24,205 NET INCOME/(EXPENDITURE) 8,586 (65) RECONCILIATION OF FUNDS Total funds brought forward 36,240 1,719 TOTAL FUNDS CARRIED FORWARD 44,826 1,654 8. TANGIBLE FIXED ASSETS COST At 1 April 2021 Additions Disposals At 31 March 2022 DEPRECIATION At 1 April 2021 Charge for year Eliminated on disposal At 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 |
Total funds £ 3,502 85,205 10,147 98,854 82,443 7,890 90,333 8,521 37,959 46,480 Fixtures and fittings £ 11,459 580 (5,548) 6,491 11,326 197 (5,548) 5,975 516 133 |
Total funds £ 3,502 85,205 10,147 |
|---|---|---|
| 98,854 | ||
| 82,443 7,890 |
||
| 90,333 | ||
| 8,521 37,959 |
||
| 46,480 |
continued...
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PRO:ACTION HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||
| £ | £ | |||
| Trade debtors | 585 | 14,665 | ||
| Other debtors | 359 | - | ||
| 944 | 14,665 | |||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.22 | 31.3.21 | |||
| £ | £ | |||
| Trade creditors | 1,583 | 269 | ||
| Social security and other taxes | 1,751 | 1,756 | ||
| Other creditors | 75 | 1,075 | ||
| Accrued expenses | 5,813 | 41,080 | ||
| 9,222 | 44,180 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 44,826 | (1,182) | 43,644 | |
| Restricted funds | ||||
| Core Skills MHFA | 85 | - | 85 | |
| Other Programmes | 1,569 | - | 1,569 | |
| 1,654 | - | 1,654 | ||
| TOTAL FUNDS | 46,480 | (1,182) | 45,298 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 76,573 | (77,755) | (1,182) | |
| Restricted funds | ||||
| Resticted Fund | 11,927 | (11,927) | - | |
| TOTAL FUNDS | 88,500 | (89,682) | (1,182) |
continued...
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PRO:ACTION HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.4.20 | in funds | 31.3.21 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 36,240 |
8,586 | 44,826 |
| Restricted funds | ||
| Core Skills MHFA 150 |
(65) | 85 |
| Other Programmes 1,569 |
- | 1,569 |
| 1,719 | (65) | 1,654 |
| TOTAL FUNDS 37,959 |
8,521 | 46,480 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 74,714 |
(66,128) | 8,586 |
| Restricted funds | ||
| Resticted Fund 24,205 |
(24,205) | - |
| Core Skills MHFA (65) |
- | (65) |
| 24,140 | (24,205) | (65) |
| TOTAL FUNDS 98,854 |
(90,333) | 8,521 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,240 | 7,404 | 43,644 |
| Restricted funds | |||
| Core Skills MHFA | 150 | (65) | 85 |
| Other Programmes | 1,569 | - | 1,569 |
| 1,719 | (65) | 1,654 | |
| TOTAL FUNDS | 37,959 | 7,339 | 45,298 |
continued...
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PRO:ACTION HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 151,287 | (143,883) | 7,404 |
| Restricted funds | |||
| Resticted Fund | 36,132 | (36,132) | - |
| Core Skills MHFA | (65) | - | (65) |
| 36,067 | (36,132) | (65) | |
| TOTAL FUNDS | 187,354 | (180,015) | 7,339 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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PRO:ACTION HERTFORDSHIRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 |
||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 1,359 | 3,502 |
| Other trading activities | ||
| Fundraising events | 5,924 | 929 |
| Pro:Action training | 19,240 | 9,218 |
| 25,164 | 10,147 | |
| Charitable activities | ||
| Grants | 61,977 | 85,205 |
| Total incoming resources | 88,500 | 98,854 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rates and water | - | 720 |
| Insurance | 1,214 | 237 |
| Telephone | 685 | 977 |
| Postage and stationery | 89 | 75 |
| Sundries | 228 | 928 |
| External tutors | 3,877 | 1,390 |
| Equipment and materials | 7 | 27 |
| Venue hire and refreshment | 68 | 90 |
| Marketing and website | 1,498 | 390 |
| Fundraising events | 179 | - |
| Staff training | - | 524 |
| Affiliations and subscriptions | 35 | 35 |
| Software | 4,467 | 5,303 |
| Depreciation of tangible fixed assets | 197 | 2,354 |
| 12,544 | 13,050 | |
| Other trading activities | ||
| Wages | 66,885 | 67,341 |
| Social security | 1,569 | 1,603 |
| Pensions | 384 | 401 |
| 68,838 | 69,345 | |
| Finance costs | ||
| Bank charges | 20 | 48 |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 6,480 | 6,090 |
| Carried forward | 6,480 | 6,090 |
This page does not form part of the statutory financial statements
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PRO:ACTION HERTFORDSHIRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| FOR THE YEAR ENDED 31 MARCH 2022 | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| Governance costs | ||
| Brought forward | 6,480 | 6,090 |
| Independent examiners fee | 1,800 | 1,800 |
| 8,280 | 7,890 | |
| Total resources expended | 89,682 | 90,333 |
| Net (expenditure)/income | (1,182) | 8,521 |
This page does not form part of the statutory financial statements
Page 17