| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 18 | |
| Detailed Statement ofFinancial Activities | 19 | to | 20 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestri cted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
93,846 | 126,355 | 220,201 | 315,587 | ||
| Charitable activities |
||||||
| Retail charity shop | 98,645 | 98,645 | 112/99 | |||
| Cafe income | 577 | |||||
| Housing benefit received | 19,218 | 19,218 | 5,662 | |||
| Other trading activities Investment income |
1,600 17 |
|||||
| Other income | 5,876 | |||||
| Total | 211,715 | 126,355 | 338,070 | 441,618 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 74,439 | 26,811 | 101,250 | 63,151 | ||
| Charitable activities |
||||||
| Retail charity shop | 5,314 | 142,146 | 147,460 | 110,796 | ||
| Cafe income | 194 | |||||
| Housing benefit received | 3,170 | 116 | 3,286 | 3,298 | ||
| Other | 73,983 | 8,523 | 82,506 | 77,195 | ||
| Total | 156,906 | 177,596 | 334,502 | 254,634 | ||
| NET INCOME/(EXPENDITURE) | 54,809 | (51241) | 3,568 | 186,984 | ||
| Transfers between funds |
12 | (2/5) | 275 | |||
| Net movement in funds |
54,534 | (50,966) | 3,568 | 186,984 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 127,917 | 128,221 | 256,138 | 69,154 | ||
| TOTAL FUNDS CARRIED FORWARD | 182,451 | 77,255 | 259,706 | 256,138 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 17,498 | 17,498 | 13,668 | ||
| CURRENT ASSETS | |||||
| Stocks Debtors Cash at bank |
9 10 |
1,500 20,704 169,230 |
77,255 | 1,500 20,704 246,485 |
1,500 18,877 246,052 |
| 191,434 | 77,255 | 268,689 | 266,429 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (26,481) | (26,481) | (23,959) | |
| NET CURRENT ASSETS | 164,953 | 77,255 | 242,208 | 242,470 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 182,451 | 77,255 | 259,706 | 256,138 | |
| NET ASSETS | 182,451 | 77,255 | 259,706 | 256,138 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
182,451 | 127,917 | |||
| Restricted funds | 77,255 | 128,221 | |||
| TOTAL FUNDS | 259,706 | 256,138 |
| OTHER TRADING AC | TIVITIES | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Fundraising events |
1,600 | ||
| INVESTMENT INCOME | |||
| 2021 | 2020 | ||
| Interest receivable - trading | 6 | 17 | |
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 2021 | 2020 | ||
| Depreciation - owned assets | 4,210 | 2,012 | |
| Other operating leases |
35,602 | 17,971 |
| The average monthly number ofemp |
loyees during the year was as f |
ollows: | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Charitable activities |
11 | 8 | ||
| Governance | 1 | 1 | ||
| 12 | ||||
| No employees received emoluments |
in excess off60,000. | |||
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
137,664 | 177,923 | 315,587 | |
| Charitable activities |
||||
| Retail charity shop | 112,299 | 112,299 | ||
| Cafe income | 577 | 577 | ||
| Housing benefit received | 5,662 | 5,662 | ||
| Other trading activities | 1,600 | 1,600 | ||
| Investment income |
17 | 17 | ||
| Other income | 5,876 | 5,876 | ||
| Total | 263,695 | 177,923 | 441,618 | |
| EXPENDITURE ON | ||||
| Raising funds | 29,565 | 33,586 | 63,151 | |
| Charitable activities |
||||
| Retail charity shop | 92,828 | 17,968 | 110,796 | |
| Cafe income | 194 | 194 | ||
| Housing benefit received | 3,298 | 3,298 | ||
| Other | 43,899 | 33,296 | 77,195 | |
| Total | 169,784 | 84,850 | 254,634 | |
| NET INCOME | 93,911 | 93,073 | 186,984 | |
| Transfers between funds |
4,153 | (4,153) | ||
| Net movement in funds |
98,064 | 88,920 | 186,984 | |
| RECONCILIATION OFFUNDS | ||||
| Total funds brought forward | 29,853 | 39,301 | 69,154 | |
| TOTAL FUNDS CARRIED FORWARD | 127,917 | 128,221 | 256,138 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Plant, | Fixtures, | |||
| machinery | fittings | |||
| Leasehold | and motor | slid | ||
| improvements | vehicles | equipment | Totals | |
| COST | ||||
| At 1 October 2020 | 3,493 | 22,212 | 1,633 | 27,338 |
| Additions | 8,040 | 8,040 | ||
| At 30September 2021 | 3,493 | 30,252 | 1,633 | 35,378 |
| DEPRECIATION | ||||
| At 1 October 2020 | 349 | 12,862 | 459 | 13,670 |
| Charge for year | 349 | 3,473 | 388 | 4,210 |
| At 30September 2021 | 698 | 16,335 | 847 | 17,880 |
| NET BOOKVALUE | ||||
| At 30 September 2021 | 2,795 | 13,917 | 786 | 17,498 |
| At 30September 2020 | 3,144 | 9,350 | 1,174 | 13,668 |
| STOCKS | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | ||||
| Stocks | 1,500 | 1,500 | ||
| 10. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | |||
| g | ||||
| Trade debtors | 174 | 1,615 | ||
| Other debtors | 5,454 | |||
| VAT | 3,789 | 3,731 | ||
| Prepayments | and accrued income | 11,287 | 13,531 | |
| 20,704 | 18,877 |
| CREDITORS: AMOUNTS FALLING | DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Trade creditors | 14,048 | 14,023 | ||
| Social security and other taxes | 4,486 | 2,626 | ||
| Other creditors | 275 | 47 | ||
| Pensions payable | 1,232 | 799 | ||
| Accruals and deferred income | 6,440 | 6,464 | ||
| 26,481 | 23,959 | |||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| At | movement | between | At | |
| 1.10.20 | in funds | funds | 30.9.21 | |
| g | ||||
| Unrestricted funds |
||||
| General fund | 127,917 | 54,809 | (275) | 182,451 |
| Restricted funds | ||||
| Workshop | 13,856 | (13,856) | ||
| Felixstowe big lottery | 9,200 | (9,200) | ||
| Felixstowe hub |
22,109 | (22,248) | 139 | |
| IBCtravel fund | 3,186 | (1,336) | 1,850 | |
| Health and Safety | 734 | (752) | 18 | |
| IBCcomm cash | 2,120 | (2,120) | ||
| Business advisor | 4,000 | (4,000) | ||
| PCC fund | 18,418 | (12,652) | 5,770 | |
| Homeless link Covid |
8,919 | (8,919) | ||
| Big lottery Covid support | 19,969 | (19,969) | ||
| Warehouse | 25,710 | (19,878) | 5,832 | |
| Community Cafe |
18,279 | 18,279 | ||
| Masonic charitable | 32,000 | 32,000 | ||
| Reaching Communities | 13,524 | 13,524 | ||
| DCMS Lloyds | (114) | 114 | ||
| 128,221 | (51,241) | 275 | 77,255 | |
| TOTAL FUNDS | 256,138 | 3,568 | 259,706 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 211,715 | (156,906) | 54,809 | |
| Restricted | funds | |||
| Workshop | (13,856) | (13,856) | ||
| Felixstowe | big lottery | (9,200) | (9,200) | |
| Felixstowe | hub | (22,248) | (22,248) | |
| IBCtravel | fund | (1,336) | (1,336) | |
| Health and | Safety | (752) | (752) | |
| IBCcomm | cash | (2,120) | (2,120) | |
| Business advisor | (4,000) | (4,000) | ||
| PCC fund | (12,652) | (12,652) | ||
| Homeless | link Covid | (8,919) | (8,919) | |
| Big lottery | Covid support | (19,969) | (19,969) | |
| Warehouse | (19,878) | (19,878) | ||
| Community | Cafe | 20,000 | (1,721) | 18,279 |
| Masonic charitable | 32,000 | 32,000 | ||
| Reaching Communities | 45,250 | (31,726) | 13,524 | |
| Craft Online | 7,000 | (7,000) | ||
| DCMS Lloyds | 17,196 | (17,310) | (114) | |
| EUK | 4,909 | (4,909) | ||
| 126,355 | (177,596) | (51,241) | ||
| TOTAL FUNDS | 338,070 | (334,502) | 3,568 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| At | movement | between | At | ||
| 1.10.19 | ln futlds | funds | 30.9.20 | ||
| Unrestricted funds |
|||||
| General fund | 29,853 | 93,911 | 4,153 | 127,917 | |
| Restricted funds | |||||
| Support worker | 7,000 | (7,000) | |||
| Loss workshop | 1,524 | (1,524) | |||
| Companion dev fund |
616 | (616) | |||
| Enterprise growth |
fund | 2,360 | (360) | (2,000) | |
| Rural Fund | 1,793 | (1,793) | |||
| Strategic review | 1,750 | (1,750) | |||
| Online project | 1,758 | (4,258) | 2,500 | ||
| Workshop | 20,000 | (4,539) | (1,605) | 13,856 | |
| Digital hubs | 2,500 | (2,500) | |||
| Felixstowe big lottery | 9,200 | 9,200 | |||
| Felixstowe hub | 22,109 | 22,109 | |||
| IBCtravel fund | 3,186 | 3,186 | |||
| Health and Safety | 734 | 734 | |||
| IBCcomm cash | 2,120 | 2,120 | |||
| Business advisor | 4,000 | 4,000 | |||
| PCC fund | 18,418 | 18,418 | |||
| Homeless link Covid |
8,919 | 8,919 | |||
| Big lottery Covid | support | 19,969 | 19,969 | ||
| Warehouse | 25,710 | 25,710 | |||
| COVID-19 | 548 | (548) | |||
| 39,301 | 93,073 | (4,153) | 128,221 | ||
| TOTAL FUNDS | 69,154 | 186,984 | 256,138 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 263,695 | (169,784) | 93,911 |
| Restricted funds | |||
| Support worker Loss workshop Companion dev fund Enterprise growth fund Rural Fund Strategic review Online project Workshop Felixstowe big lottery Felixstowe hub IBCtravel fund Food and drink Health and Safety IBCcomm cash Business advisor PCC fund Homeless link Covid Biglottery Covid support Warehouse COVID-19 |
(616) 7,315 2,000 9,950 23,650 10,000 2,000 1,719 3,000 4,000 19,630 26,000 31,935 25,710 11,630 |
(7,000) (1,524) (7,675) (1,793) (1,750) (4,258) (6,539) (750) (1,541) (6,814) (2,000) (985) (880) (1,212) (17,081) (11,966) (11,082) |
(7,000) (1,524) (616) (360) (1,793) (1,750) (4,258) (4,539) 9,200 22,109 3,186 734 2,120 4,000 18,418 8,919 19,969 25,710 548 |
| 177,923 | (84,850) | 93,073 | |
| TOTAL FUNDS | 441,618 | (254,634) | 186,984 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| At | movement | between | At | ||
| 1.10.19 | in funds | funds | 30.9.21 | ||
| Unrestricted funds |
|||||
| General fund | 29,853 | 148,720 | 3,878 | 182,451 | |
| Restricted funds | |||||
| Support worker | 7,000 | (7,000) | |||
| Loss workshop | 1,524 | (1,524) | |||
| Companion dev fund |
616 | (616) | |||
| Enterprise growth |
fund | 2,360 | (360) | (2,000) | |
| Rural Fund | 1,793 | (1,793) | |||
| Strategic review | 1,750 | (1,750) | |||
| Online project Workshop |
1,758 20,000 |
(4,258) (18,395) |
2,500 (1,605) |
||
| Digital hubs | 2,500 | (2,500) | |||
| Felixstowe hub | (139) | 139 | |||
| IBCtmvel fund | 1,850 | 1,850 | |||
| Health and Safety | (18) | 18 | |||
| PCC fund | 5,766 | 4 | 5,770 | ||
| Warehouse | 5,832 | 5,832 | |||
| COVID-19 | 548 | (548) | |||
| Community Cafe |
18,279 | 18,279 | |||
| Masonic charitable | 32,000 | 32,000 | |||
| Reaching Communities | 13,524 | 13,524 | |||
| DCMS Lloyds | (114) | 114 | |||
| 39,301 | 41,832 | (3,878) | 77355 | ||
| TOTAL FUNDS | 69,154 | 190,552 | 259,706 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 475,410 | (326,690) | 148,720 |
| Restricted funds | |||
| Support worker Loss workshop Companion dev fund Enterprise growth fund Rural Fund Strategic review Online project Workshop Felixstowe big lottery Felixstowe hub IBCtmvel fund Food and drink |
(616) 7,315 2,000 9,950 23,650 10,000 2,000 |
(7,000) (1,524) (7,675) (1,793) (1,750) (4,258) (20,395) (9,950) (23,789) (8,150) (2,000) |
(7,000) (1,524) (616) (360) (1,793) (1,750) (4,258) (18,395) (139) 1,850 |
| Health and Safety IBCcomm cash Business advisor PCC fund |
1,719 3,000 4,000 19,630 |
(1,737) (3,000) (4,000) (13,864) |
(18) 5,766 |
| Homeless link Covid |
26,000 | (26,000) | |
| Biglottery Covid support | 31,935 | (31,935) | |
| Warehouse COVID-19 |
25,710 11,630 |
(19,878) (11,082) |
5,832 548 |
| Community Cafe Masonic charitable |
20,000 32,000 |
(1,721) | 18,279 32,000 |
| Reaching Communities | 45,250 | (31,726) | 13,524 |
| Cratt Online DCMS Lloyds EUK |
7,000 17,196 4,909 |
(7,000) (17,310) (4,909) |
(114) |
| 304,278 | (262,446) | 41,832 | |
| TOTAL FUNDS | 779,688 | (589,136) | 190,552 |
| RELATED PARTY DISCLOSURES |
| Detailed Statement ofFinancial Act vities | Detailed Statement ofFinancial Act vities | Detailed Statement ofFinancial Act vities | ||
|---|---|---|---|---|
| forthe earended30Se |
ember2021 | |||
| 2021I | 2020 f, |
|||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations and giga |
74,065 | 139,447 | ||
| Gift aid | 21 | 1,128 | ||
| General grants provided | by government | Iother | ||
| charities | 146,115 | 175,012 | ||
| 220,201 | 315,587 | |||
| Other trading activities | ||||
| Fundraising events |
1,600 | |||
| Investment income |
||||
| Interest receivable - trading | 17 | |||
| Charitable activities |
||||
| Retail charity shop | 98,645 | 112,299 | ||
| Cafe income | 577 | |||
| Housing benefit received | 19418 | 5,662 | ||
| 117,863 | 118,538 | |||
| Other income | ||||
| Other income | 5,876 | |||
| Total incoming resources | 338,070 | 441,618 | ||
| Raising donations and |
legacies | |||
| Advertising, marketing, |
direct mail and | publicity | 3,387 | 4,620 |
| Other trading activities |
||||
| Wages, fees and NI contributions | 84,274 | 44,656 | ||
| Pensions | 2,314 | 892 | ||
| Cafd running expenses |
208 | |||
| Warehouse | 2,851 | 1,162 | ||
| Insurance | 4,011 | 4,014 | ||
| Companion expenses |
3,615 | 7,389 | ||
| Subscriptions | 798 | 210 | ||
| 97,863 | 58,531 | |||
| Charitable activities |
||||
| Wages, fees and NI contributions | 54,499 | 62,701 | ||
| Pensions | 1,544 | 2,070 | ||
| Rent, rates and insurance | 35,602 | 17,971 | ||
| Direct running costs |
14,022 | 6,339 | ||
| Carried forward | 105,667 | 89,081 |
| Detailed Statement ofFi for the ear ended 30Se |
nancial Activities tember 2021 |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Charitable activities |
|||
| Brought forward | 105,667 | 89,081 | |
| Motor expenses | 2,151 | 2,071 | |
| Property running expenses |
11,085 | 10,309 | |
| IT,printing and stationery |
10,522 | 1,131 | |
| Repairs and maintenance | 7,719 | 1,291 | |
| General expenses | 10,316 | 5,249 | |
| Cafe running expenses |
194 | ||
| House costs | 3,286 | 3„298 | |
| 150,746 | 112,624 | ||
| Support costs | |||
| Governance costs |
|||
| Wages, fees and NI contributions | 63,270 | 53,045 | |
| Stafftraining | 1,845 | 339 | |
| Pensions | 1,160 | 1,082 | |
| Telephone and internet |
2,338 | 2,199 | |
| OBice expenses | 45 | 266 | |
| Sundries | 177 | ||
| Accountancy fees |
4,657 | 16,189 | |
| ITsoflware | 238 | ||
| Legal and professional | fees | 4,981 | 1,750 |
| Bad debts | 1,318 | ||
| Depreciation oftangible | fixed assets | 4,210 | 2,012 |
| Bank interest | 244 | ||
| 82,506 | 78,859 | ||
| Total resources expended | 334,502 | 254,634 | |
| Net income | 3,568 | 186,984 |