| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | to | 11 | |
| Cash Flow Statement | 12 | |||
| Notes to the Cash Flow | Statement | 13 | ||
| Notes to the Financial Statements | 14 | to | 26 | |
| Detailed Statement ofFinancial Activities | 27 |
| for | the Year E | nded 31March | 2023 | ||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
5,000 | 5,000 | 500 | ||
| Charitable activities |
|||||
| Advice and support | 138,682 | 553,402 | 692,084 | 638,062 | |
| Investment income |
3,781 | 3,781 | 56 | ||
| Total | 147,463 | 553,402 | 700,865 | 638,618 | |
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Advice and support | 209,589 | 562,204 | 771,793 | 439,907 | |
| NET INCOME/(EXPENDITURE) | (62,126) | (8,802) | (70,928) | 198,711 | |
| Transfers between funds |
14 | (1,915) | 1,915 | ||
| Other recognised gains/(losses) |
|||||
| Actuarial gains on defined benefit schemes |
219,000 | 219,000 | 140,000 | ||
| Net movement in funds |
154,959 | (6,887) | 148,072 | 338,711 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
165,406 | 139,435 | 304,841 | (33,870) | |
| TOTAL FUNDS CARRIED FORWARD | 320,365 | 132,548 | 452,913 | 304,841 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 7,196 | 7,196 | 7,311 | ||
| CURRENT ASSETS | |||||
| Debtors | 12 | 59,746 | 21,393 | 81,139 | 152,446 |
| Cash at bank | 403,014 | 111,155 | 514,169 | 316,386 | |
| 462,760 | 132,548 | 595,308 | 468,832 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (381,591) | (381,591) | (184,302) | |
| NET CURRENT ASSETS | 81,169 | 132,548 | 213,717 | 284,530 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 88,365 | 132,548 | 220,913 | 291,841 | |
| PENSION ASSET | 15 | 232,000 | 232,000 | 13,000 | |
| NET ASSETS | 320,365 | 132,548 | 452,913 | 304,841 | |
| FUNDS | 14 | ||||
| Unrestricted funds |
320,365 | 165,406 | |||
| Restricted funds | 132,548 | 139,435 | |||
| TOTAL FUNDS | 452,913 | 304,841 |
| Cash Flow Statement | |||||||
|---|---|---|---|---|---|---|---|
| for the | Year Ended 31March | 2023 | |||||
| 31.3.23 | 31.3.22 | ||||||
| Notes | |||||||
| Cash flows from operating activities Cash generated &om operations |
197,813 | 177,050 | |||||
| Net cash provided | by operating activities |
197,813 | 177,050 | ||||
| Cash flows from | investing | activities | |||||
| Purchase oftangible fixed | assets | (3,811) | (4,642) | ||||
| Interest received | 3,781 | 56 | |||||
| Net cash used in | investing | activities | (30) | (4,586) | |||
| Change in cash and cash reporting period |
equivalents | in the | 197,783 | 172,464 | |||
| Cash and cash equivalents | at the beginning | ||||||
| ofthe reporting | period | 316,386 | 143,922 | ||||
| Cash and cash equivalents reporting period |
at the end | ofthe | 514,169 | 316,386 |
| RECONCILIATIO ACTIVITIES |
N OF |
NET (EXPENDIT | URE)/INCOME TO NET CASH |
FLOW FROM OP | ERATING |
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Net (expenditure)/income | for the reporting | period (as per the Statement | |||
| ofFinancial Activities) | (70,928) | 198,711 | |||
| Adjustments for: |
|||||
| Depreciation charges |
3,926 | 2,917 | |||
| Interest received | (3,781) | (56) | |||
| Decrease/(increase) | in debtors | 71,307 | (129,946) | ||
| Increase in creditors | 197,289 | 105,424 | |||
| Net cash provided | by operations | 197,813 | 177,050 |
| ANALYSIS OF CHANGES IN NET F | UNDS | ||
|---|---|---|---|
| At 1.4.22 | Cash flow | At31.3.23 | |
| Net cash | |||
| Cash at bank | 316,386 | 197,783 | 514,169 |
| 316,386 | 197,783 | 514,169 | |
| Total | 316,386 | 197,783 | 514,169 |
| 31.3.23 | 31.3.22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| Donations | 5,000 | 5,000 | 500 | ||||||
| 3. | INVESTMENT | INCOME | |||||||
| 31.3.23 | 31.3.22 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| Deposit account | interest | 3,781 | 3,781 | 56 | |||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | ||||||||
| 31.3.23 | 31.3.22 | ||||||||
| Activity | |||||||||
| Other support services | |||||||||
| provided | Advice and support | 46,993 | 52,559 | ||||||
| Grants | Advice and support | 645,091 | 585,503 | ||||||
| 692,084 | 638,062 | ||||||||
| Grants received, | included | in the | above, are as follows: | ||||||
| 31.3.23 | 31.3.22 | ||||||||
| Cheshire Community | Foundation | 44,435 | 30,000 | ||||||
| WBC - Inf'rastructure | Support Services | 116,000 | 116,000 | ||||||
| Torus Foundation | 13,189 | 16,372 | |||||||
| WBC - Good Neighbours | Project | 68,975 | |||||||
| TN L Communities | Fund | 55,233 | 38,259 | ||||||
| NHS Liverpool | 19,999 | ||||||||
| Alder Hey Childrens | Charity | 143,434 | 133,134 | ||||||
| NHS Warrington | CCG | 52,124 | |||||||
| Warrington Borough |
Council | 172,800 | 16,300 | ||||||
| Warrington Disability |
Partnership | 94,340 | |||||||
| Cancer Alliance | 100,000 | ||||||||
| 645,091 | 585,503 |
| Grant | |||||
|---|---|---|---|---|---|
| funding of | |||||
| Direct | activities (see note |
Support costs (see |
|||
| Costs | 6) | note 7) | Totals | ||
| Advice and support | 482,421 | 285,747 | 3,625 | 771,793 | |
| GRANTS PAYABLE | |||||
| 31.3.23 | 31.3.22 | ||||
| Advice and support | 285,747 | 100,561 | |||
| The total grants paid to | institutions | during the year was as follows: | |||
| 31.3.23 | 31.3.22 | ||||
| 3rd Party Organisations | 285,747 | 100,561 | |||
| SUPPORT COSTS | |||||
| Governance | |||||
| costs | |||||
| Advice and support | 3,625 | ||||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated | after charging/(crediting): | |||
| 31.3.23 | 31.3.22 | ||||
| Depreciation - owned assets Other operating leases Independent examination fee |
3,926 20,426 2,500 |
2,917 15,033 2,350 |
| STAFFCOSTS | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Wages and salaries | 358,526 | 255,105 |
| Social security costs | 22,949 | 14,829 |
| Pension costs | 14,906 | 12,089 |
| Pension deficit payments | 8,703 | 7,207 |
| 405,084 | 289,230 |
| The average monthly numb |
er ofemployees during the year was as f |
ollows: | |
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Chief officers | 1 | 1 | |
| Project managers | 3 | 1 | |
| Project officers | 12 | 10 | |
| Secondment to Warrington | parents &carers | 1 | 1 |
| 18 | 13 |
| 11. | TANGIBLE FIXEDASSE | TS | ||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Plant and | and | Computer | ||||
| machinery | fittings | equipment | Totals | |||
| COST | ||||||
| At 1 April 2022 | 12,919 | 2,605 | 10,732 | 26,256 | ||
| Additions | 3,811 | 3,811 | ||||
| At 31March 2023 | 12,919 | 2,605 | 14,543 | 30,067 | ||
| DEPRECIATION | ||||||
| At 1 April 2022 | 12,919 | 2,605 | 3,421 | 18,945 | ||
| Charge for year | 3,926 | 3,926 | ||||
| At 31March 2023 | 12,919 | 2,605 | 7,347 | 22,871 | ||
| NET BOOK VALUE | ||||||
| At 31March 2023 | 7,196 | 7,196 | ||||
| At 31March 2022 | 7,311 | 7,311 | ||||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.23 | 31.3.22 | |||||
| Trade debtors | 59,746 | 152,446 | ||||
| Prepayments and accrued income |
21,393 | |||||
| 81,139 | 152,446 | |||||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.23 | 31.3.22 | |||||
| Trade creditors | 14,124 | 8,368 | ||||
| Social security and other taxes | 6,836 | 5,647 | ||||
| Other creditors | 2,885 | 987 | ||||
| Accruals and deferred income | 357,746 | 169,300 | ||||
| 381,591 | 184,302 | |||||
| Deferred income comprises | grant income received | in advance ofthe year to which it relates. | ||||
| 31.03.23 | ||||||
| Balance as at 1stApril 2022 | 166,800 | |||||
| Amount released to income | earned &om charitable | activities | (166,800) | |||
| Amount deferred in year |
355,246 | |||||
| Balance as at 31stMarch 2023 | 355,246 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| At 1.4.22 | movement in funds |
between funds |
At 31.3.23 |
|||
| Unrestricted funds |
||||||
| General fund Pension fund |
152,406 13,000 |
(62,126) 219,000 |
(1,915) | 88,365 232,000 |
||
| Restricted funds | 165,406 | 156,874 | (1,915) | 320,365 | ||
| TNL Community Fund WBC Good Neighbours Project NHS Charities Trust Good Neighbourhood Dementia WBC Community Fund CCG Mental Health Cancer Alliance Community Warm Spaces CCF Connector |
4,300 25,100 77,600 28,500 2,000 1,935 |
(4,300) (25,100) (2,766) (28,500) (3,850) 3,726 40,879 11,109 |
1,915 | 74,834 2,000 3,726 40,879 11,109 |
||
| 139,435 | (8,802) | 1,915 | 132,548 | |||
| TOTAL FUNDS | 304,841 | 148,072 | 452,913 | |||
| Net movement in funds, |
included | in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| Unrestricted funds |
||||||
| General fund Pension fund |
147,463 | (209,589) | (62,126) | |||
| 219,000 | 219,000 | |||||
| Restricted funds | 147,463 | (209,589) | 219,000 | 156,874 | ||
| TNL Community Fund WBC Good Neighbours Project Food Poverty NHS Charities Trust Good Neighbourhood Dementia CCG Mental Health Cancer Alliance Community Soup k, Chat VCSEPlace secondee Voluntary sector support Warm Spaces CCF Connector |
55,233 21,500 30,000 143,434 100,000 7,800 37,500 23,500 90,000 44,435 |
(59,533) (46,600) (30,000) (146,200) (28,500) (3,850) (96,274) (7,800) (37,500) (23,500) (49,121) (33,326) |
(4,300) (25,100) (2,766) (28,500) (3,850) 3,726 40,879 11,109 |
|||
| 553,402 | (562,204) | (8,802) | ||||
| TOTALFUNDS | 700,865 | (771,793) | 219,000 | 148,072 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.4.21 | in funds | 31.3.22 | |||
| Unrestricted funds |
|||||
| General fund | 86,932 | 65,474 | 152,406 | ||
| Pension fund | (127,000) | 140,000 | 13,000 | ||
| (40,068) | 205,474 | 165,406 | |||
| Restricted funds | |||||
| Cheshire Community |
Fund - Manbassador | ||||
| Project | 4,893 | (4,893) | |||
| TNL Community Fund |
4,300 | 4,300 | |||
| Assura Digital Grant | 1,305 | (1,305) | |||
| WBC Good Neighbours | Project | 25,100 | 25,100 | ||
| NHS Charities Trust | 77,600 | 77,600 | |||
| Good Neighbourhood | Dementia | 28,500 | 28,500 | ||
| WBC Community Fund |
2,000 | 2,000 | |||
| Men's Health Grant | 1,935 | 1,935 | |||
| 6,198 | 133,237 | 139,435 | |||
| TOTAL FUNDS | (33,870) | 338,711 | 304,841 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in Rmds | |||
| Unrestricted funds |
||||||
| General fund | 185,487 | (120,013) | 65,474 | |||
| Pension fund | 140,000 | 140,000 | ||||
| 185,487 | (120,013) | 140,000 | 205,474 | |||
| Restricted funds | ||||||
| Cheshire Community |
Fund - Manbassador | |||||
| project | (4,893) | (4,893) | ||||
| TNL Community Fund |
38,259 | (33,959) | 4,300 | |||
| Assura Digital Grant | (1,305) | (1,305) | ||||
| WBC Good Neighbours | Project | 68,975 | (43,875) | 25,100 | ||
| Food Poverty | 30,000 | (30,000) | ||||
| Maternal Mental Health |
Grants | 19,999 | (19,999) | |||
| NHS Charities Trust | 133,134 | (55,534) | 77,600 | |||
| Good Neighbourhood | Dementia | 37,804 | (9,304) | 28,500 | ||
| WBC Community Fund |
2,000 | 2,000 | ||||
| Covid Community Champions |
94,340 | (94,340) | ||||
| CCG Mental Health | 14,320 | (14,320) | ||||
| Men's Health Grant | 14,300 | (12,365) | 1,935 | |||
| 453,131 | (319,894) | 133,237 | ||||
| TOTAL FUNDS | 638,618 | (439,907) | 140,000 | 338,711 |
| The amounts recognised in the Statement ofFinancial Activitie |
s are as follows: | |
|---|---|---|
| Defined | benefit | |
| pension | plans | |
| 31.3.23 | 31.3.22 | |
| Current service cost | 18,000 | 19,000 |
| Net interest from net defined benefit | ||
| asset/liability | 31,000 | 24,000 |
| Past service cost | ||
| 49,000 | 43,000 | |
| Actual return on plan assets | (115,000) | 55,000 |
| Changes | in the present value ofthe defined benefit obligation | are as follows: | |
|---|---|---|---|
| Defined | benefit | ||
| pension | plans | ||
| 31.3.23 | 31.3.22 | ||
| Opening Current |
defined benefit obligation service cost |
1,159,000 18,000 |
1,223,000 19,000 |
| Contributions by scheme participants Interest cost |
3,000 31,000 |
3,000 24,000 |
|
| Actuarial | losses/(gains) | (335,000) | (91,000) |
| Benefits | paid | (22,000) | (19,000) |
| 854,000 | 1,159,000 |
| Defined | benefit | |||
|---|---|---|---|---|
| pension 31.3.23 |
plans 31.3.22 |
|||
| Opening | fair | value ofscheme assets | ||
| Interest income on plan assets Contributions by employer Contributions by scheme participants Actuarial gains/(losses) Benefits paid |
1,172,000 32,000 16,000 3,000 (115,000) |
1,096,000 22,000 15,000 3,000 55,000 |
||
| (22,000) | (19,000) | |||
| 1,086,000 | 1,172,000 |
| Defined | benefit |
|---|---|
| pension 31.3.23 |
plans 31.3.22 |
| 209,000 | 140,000 |
| 209,000 | 140,000 |
| Defined | benefit | ||||
|---|---|---|---|---|---|
| Equities | pension 31.3.23 |
plans 31.3.22 |
|||
| Bonds | 43% | 37% | |||
| Property Cash |
39% 16% |
45% 12% |
|||
| 2% | 6% | ||||
| 100% | 100% | ||||
| Principal | actuarial | assumptions | at the Balance Sheet date (expressed as weighted | averages): | |
| Discount | rate | 31.3.23 | 31.3.22 | ||
| Future salary increases Future pension increases |
4.75% 3.65% 2.95% |
2.70% 3.90% 3.20% |
| Warrington Voluntary Action |
|||||
|---|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||||
| for the Year Ended 31March 2023 | |||||
| 31.3.23 | 31.3.22 | ||||
| INCOME AND ENDOWMENTS | |||||
| Donations and |
legacies | ||||
| Donations | 5,000 | 500 | |||
| Investment income |
|||||
| Deposit account interest | 3,781 | 56 | |||
| Charitable activities |
|||||
| Other support services | provided | 46,993 | 52,559 | ||
| Grants | 645,091 | 585,503 | |||
| 692,084 | 638,062 | ||||
| Total incoming | resources | 700,865 | 638,618 | ||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Wages | 358,526 | 255,105 | |||
| Social security | 22,949 | 14,829 | |||
| Pensions | 23,609 | 19,296 | |||
| Other operating | leases | 20,426 | 15,033 | ||
| Insurance | 1,480 | 1,480 | |||
| Telephone | 2,591 | 3,832 | |||
| Sundries | 3,638 | 7,415 | |||
| Printing, postage, stationery 4IT support | 18,772 | 8,870 | |||
| Travel | 2,501 | 1,800 | |||
| Training, consultancy, |
project activities | costs &, | |||
| events | 24,003 | 5,275 | |||
| Computer equipment |
3,926 | 2,917 | |||
| Grants to institutions | 285,747 | 100,561 | |||
| 768,168 | 436,413 | ||||
| Support costs | |||||
| Governance | costs | ||||
| Accountancy | fees | 2,605 | 2,864 | ||
| Legal fees | 1,020 | 630 | |||
| 3,625 | 3,494 | ||||
| Total resources | expended | 771,793 | 439,907 | ||
| Net (expenditure)/income | (70,928) | 198,711 |