# |Annual
report and financial|Annual
report and financial|statements|| |---|---|---|---| |FOR THE YEAR ENDED 31 MARCH 2022|||| ||||Pages| |Directors and advisers|||3-4| |Forward
from our Chair ofTrustees|||5-6| |Operational
review|||7-27| |Directors' report|||28-34| |Independent
Auditors'|report||35-38| |Statement offinancial|activities||39| |Balance sheet|||40| |Statement
ofcashflows|||41| |Notes to the financial statements|||42-49| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## kke veakives I'L￿11111}Y roy I LIC cwentrivr_ ve.Li-e_S 01, <'llil.l*e￿ ff_lyle Example of project delivered through CCF ## ## ## ||N00|||||| |---|---|---|---|---|---|---| |E
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Income and ExponCifuro|||Account||||| |for the year ended|31 March 2022||||||| |||||Unrestricted|Restricted|Total|Total| |||||fundsf|tunds
E|2022f|2021f| |INCOME|||||||| |Income from charitable|activities|||202,223|3,836,206|4,038,429|1,356,772| |Income from other trading
activities|||||||| |Consultancy
&Traded|activity|||30,102|28,080|58,182|108,575| |Investment
income||||194||194|424| |Total income||||232 519|3864 286|4r096i805|1,465,771| |EXPENDITURE|||||||| |Charitable
activities|||||||| |Grants made 8 activities|undertaken|directly||20,858|3,795,863|3,816,721|1.052,584| |Support costs||||(12,675)|106,882|94,207|84,303| |Governance||||2,661||2,661|5,100| |Total expenditure||||10,844|3,902,745|3,913,589|1,141.987| |Net income||||221,675|(38,459)|183,216|323.784| |Net transfers
between
funds||||784|(784}||| |NET MovEMENT
IN FUNDE||||222,459|(39r243}|183,216|323,784| |Fund balances
brought
forward|||14|301,494|482,238|783,732|459,889| |FUND eakaNCES CaRRIED|FORwaRD||14|523,953|442 995|966948|783 673| |BALANCE SHEET|BALANCE SHEET|||| |---|---|---|---|---| |as at 31 March 2022||||| ||||2022|2021| ||||E|E| |Fixed assets||||| |Tangible assets|||5,025|12,174| |CURRENT ASSETS||||| |Debtors||1D|34,141|16,061| |Bank and cash balances|||1,144,600|938,481| ||||1,178,741|954,542| |CREDITORED amountS|falling due within one year||(216,818I|(183,043)| |NET CURRENT ASSETS|||961,923|771,499| |Total assets less current 6abilities|||966,948|783,673| |CREotroRs: amounts|falling due after more than one year|12||| ||||6966,948|783,673| |INCOME FUNDS||||| |unrestricted
general funds||14|523,953|301,435| |Restricted
funds||14|442,995|482,238| ||||5966,948|E783,673| |S(o(omon( ofcashffovvs||||| |---|---|---|---|---| |lor (ho yoar andod 31 March 2022||||| ||||2022|2021| ||||5|| |Reconciliation
ofnet movement
in funds to net cashflow from operating||activities||| |Net movement
in funds|||183,275|323,784| |Depreciation|||10,037|12,321| |Profit on disposal of Axed assets||||| |Interest received|||(194)|(424)| |(Increase)/decrease
in debtors|||(18,080)|45803| |Increase/{decrease)
in creditors|||33,775|94392| |Net cash inflow
outgow
from o cretin|activities||20 814|475,676| |Cashflows
from investing
activities||||| |Purchase oftangible
fixed assets|||(2,888)|(970)| |Interest received|||194|424| |Net cash inflow
outaow
from investin|activities||2694|546| |Increase/(decrease)
In cash in the year|||206,120|475,330| |Cash at the beginning
ofthe year|||938,480|463,150| |Cash at the end ofthe
ar|||1 144.600|936480| ## ## ## ## ## ## ## ## ## ## |3
INCOME FROM CHARITABLE ACTIVITIES|3
INCOME FROM CHARITABLE ACTIVITIES|3
INCOME FROM CHARITABLE ACTIVITIES|General|||| |---|---|---|---|---|---|---| ||||Unrestricted
E|Restrlcled
E|2022|2021f| |Grants received|(see note 4)||193,415|3,836,206|4,029,621|1,356,772| |Donations|||1,262||1,262|| |Sponsorship||||||| |Fundraising|||4,889||4,889|| |Other|||32,759|28„080|60,839|108,575| ||||232,325|3,864,286|4,096,611|1,465,347| |4
GRANTS RECEIVED|||General
Unrestricted|Restrfcled|2022
E|2021f| ||||E|E||| |ACE Bridge Extension||||53,359|53,359|53,359| |ACE National
Porffolio Funding||||878,347|878,347|878,347| |Children
In Need|- small grant|||||2,485| |Children
in Need|—main grant|||9,045|9,045|36,136| |Children
in Need|—Booster Grant|||||3,000| |Let's Create Packs||||11,810|11,810|30,283| |Children
in Need|- Next Steps Covid-19 Grant|||50,085|50,085|25,043| |WWCSC||||(26,631)|(26,631)|176,196| |Erasmus Well-Be||||||104,690| |CAF Resilience|Fund|||||46,663| |Erasmus
DIARC||||92,956|92,956|| |A8 Ways Making
D Stewart —SEND 50e Anniversary||Donation||170
5,000|170
5,000|70| |DWP —Kickstart|||193,415|2,564,154|2,757,569|| |Foyle Foundation||||25,000|25,000|| |Charities
Aid Foundation||||168,474|168,474|| |Rutland
Council|—Virtual School|||4,437|4,437|| ||||193,415|3,836,206|4029.451|1356,272| |5
EXPENDITURE|5
EXPENDITURE|5
EXPENDITURE|||||| |---|---|---|---|---|---|---|---| |Charitable
activities||||unrestricted|Restricted||| |||||Fullds
c|Funds
c|2022
E|2021f| |Grants made &activities||undertaken|directly||||| |note relates ex enditure||to source offunds as shown below|||||| |ACE National
Portfolio|funding||||467,146|467,146|361,184| |Bridge Extension|||||29,030|29,030|28,550| |Children
in Need —small grant|||||||2,770| |Children
in Need —main grant|||||15,415|15,415|13,312| |Awards for Afi|||||||5,689| |Children
in Need —Booster Grant|||||||1,500| |Children
in Need —Next Steps Covid-19 Grant|||||17,352|17,352|1,826| |WWCSC|||||96,735|96,735|820| |Erasmus Well-Be|||||1,158|1,158|69,743| |CAF Resilience Fund|||||||22,235| |Ag Ways Making|||||240|240|| |D Stewart —SEND 50e Anniversary|||||3,750|3,750|| |Erasmus
DIARC|||||64,862|64,862|| |DWP —Kickstart|||||2,564,106|2,564,106|| |Charities
Aid Foundation|||||19|19|| |Rutland Council- Virtual School|||||149|149|| |Other programmes||||9,157||9,157|63,896| |||||9,157|3,274,307|3,283,464|571,525| |Staff costs associated|with above expenditure|||11,701|521,556|533,257|481,059| |||||20,858|3,795,863|3,816,721|1,052,584| |Support costs|||||||| |Contributions
to Support Costs||||(106,882)|106,882||| |Training||||6,326||6,326|2,864| |Staff welfare||||1,104||1,104|1,240| |Recruitment||||2,392||2,392|630| |Travel|||||||(150)| |Telephones
& IT||||25,513||25,513|20,720| |Legal &professional||||48||48|13| |Bank charges||||1,353||1,353|967| |Depreciation||||10,037||10,037|12,321| |Income generation||||57||57|7,469| |Business Development||||166||166|871| |Rent||||28,191||28,191|27,384| |PR and communications||||11,413||11,413|8,445| |Local office administration||||2,428||2,428|810| |Insurance||||1,279||1,279|719| |Audit &accountancy||||3,900||3,900|3,900| |||||(12,675)|106,882|94,207|88,203| ||Unreslrlnred|Restricted||| |---|---|---|---|---| ||Funds
s|Fundsf|2022
6|2021
8| |Governance||||| |Trustee travel costs||||| |Trustee meeting costs|1.317||1,317|| |Trustee hospitality||||| |Trustee Training|475||475|585| |Trustee Insurance|869||869|606| ||2,661||2,661|1,200| |Total expenditure|10,844|3,902,745|3,913,589|1,265,889| |6
STAFF COSTS|||2022|2021| ||||5|| |Wages and salaries|||473,657|437,349| |Social security costs|||41,773|25.576| |Other pension costs|||17,951|18,134| ||||533,257|481,059| ## ## |7
NET INCOME FOR THE YEAR||| |---|---|---| ||2022|2021| |This is stated after charging:|E|| |Operating
lease costs - property|26,854|26,621| |Auditors'
remuneration||| |As auditors|3,900|3,900| |Other services||| |Oepreciation|10,037|12,321| |9
TANGIBLEFIXEDASSE|TS||| |---|---|---|---| ||||Oflice| ||||equipment| ||||E| |Cost or valuation:|||| |At 1 April 2021|||66,741| |Additions|||2,888| |Disposals|||| |At 31 March 2022|||69,629| |Depreciation:|||| |At 1 April 2021|||54,567| |Charge for the year|||10,037| |Eliminated
on disposals|||| |At 31 March 2022|||64,604| |Net book value|||| |At 31 March 2022|||5025| |At 1 April 2021|||12,174| |10
Debtors||2022
8|2021
6| |Amounts
falling due within one year|||| |Trade debtors||32,656|8,507| |Prepayments
and accrued income|||6,069| |Other debtors||1,485|1,485| |||34,141|61,8| |11
CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|2022|2021| |||8|6| |Trade creditors||50,111|85,560| |Other taxes and sodal security||10,519|9,492| |Other creditors|||| |Deferred income (sss stso Note t sf|||| |Accrued expenses||156,188|87,981| |||216,818|183,043| |12
CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|2022|2021| |||8|5| |Deferred income|||| |DEFERREO INcoME|||| |At 1 April 2021|||| |Income deferred
in year —for release|within one year||| |Income deferred
in year- for release|after more than one year||| |Amount released
in year|||| |At 31 March 2022|||| ## |13
FUNDS ANALYSIS|13
FUNDS ANALYSIS||General|||| |---|---|---|---|---|---|---| ||||unrestricted|||| ||||fund|Restricted
fund|2022|2021| ||||E|E|E|E| |Tangible fixed assets|||5,025||5,025|12,174| |Current assets|||584,950|593,732|1,178,682|954,542| |Liabiliffes|||(66,081)|(150,737)|(216,818)|(183,043)| |Net assets|||523,894|442,995|966,889|783,673| |14
MOVEMENT|IN FUNDS|At I April|Incoming|Outgoing||At 31| |||2021|resources|resources|Transfers|March 2022| |||E|E|E|E|E| |Restricted funds||||||| |ACE National
Porffolio Funding||258,566|878,347|(964,528)|15,410|187,795| |ACE Bridge Extension||500|53,359|(53,859)||| |Spirit of2012 —Emerge||488|||(488)|| |RBS—Creative Enterprise||75|||(75)|| |Children
in Need —Match Funding||648|||(648)|| |Children
in Need —main grant||15,568|9,045|(21,251)||3,362| |Children
In Need —Next Steps Covid-19 Grant||9,060|50,085|(59,682)|537|| |Awards for Ag||111|||(111)|| |Swire Charitable
Trust||20,000||(20,000)||| |Fundraising
—2.6 Campaign||3,600|||(3,600)|| |Let's Create Packs|||11,810||(11,810)|| |WWCSC||160,520|(26,631)|(133,888)||| |Erasmus Well-Be||32,697||(4,437)||28,350| |CAF Resilience Fund||335||||335| |Ag Ways Making||70|170|(240)||| |D Stewart —SEND 50o|Anniversary||5,000|(3,750)||1,250| |Erasmus
DIARC|||92,956|(68,962)||23,994| |DWP —Kickstart|||2,564,154|(2,564,106)||48| |Foyle Foundation|||25,000|(24,366)||634| |Charities
Aid Foundation|||168,474|(3,616)||164,858| |Creative Mentorlng
Traded Income|||28,080|||28,080| |Rutland
Council Virtual|School||4,437|(149)||4,288| |||482,238|3,864,286|(3,902,745|(784)|442,995| |Unrestricted
funds||||||| |General||301,494|232,519|(10,844)|784|523,953| |||783,6732|4,096,805|(3,913,589)||966,948| ## ##