2022-04-30-accounts - Side By Side (Children) Limited

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Trustees' annual report (incorporating		the director's		report)
Independent auditor's	report to the members
Statement offinancial	activities (including		income	and expenditure
account)					10
Statement offinancial	position
Statement ofcash flows					12
Notes to the financial	statements				13

						2022		2021
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note		8
Income and endowments
Donations and legacies				5	549,855	31,659	581,514	867,718
Charitable activities				6	1,932,932		1,932,932	1,903,442
Investment income				7	318		318	257
Other income				8	5,409		5,409	63,788
Total income					2,488,514	31,659	2,520,173	2,835,205
Expenditure
Expenditure on raising funds:
Costs ofraising	donations		and
legacies				9	58,992		58,992	98,643
Expenditure on charitable		activities		10,11	2,724,002	23,659	2,747,661	2,550,665
Total expenditure					2,782,994	23,659	2,806,653	2,649,308
Net (expenditure)/income		and	net
movement iu funds					(294,480)	8,000	(286,480)	185,897
Reconciliation offunds
Total funds brought	forward				1,082,774		1,082,774	896,877
Total funds carried	forward				788,294	8,000	796,294	1,082,774

				2022	2021
			Note
Fixed assets
Tangible fixed assets			16	49,476	73,171
Current assets
Debtors			17	1,662,889	1,254,640
Cash at bank	and in hand			54,440	324,144
				1,717,329	1,578,784
Creditors: amounts		falling due within one year	18	934,678	523,348
Net current	assets			782,651	1,055,436
Total assets	less current liabilities			832,127	1,128,607
Creditors: amounts		falling due after more than one year	19	35,833	45,833
Net assets				796,294	1,082,774
Funds ofthe	charity
Restricted funds				8,000
Unrestricted	funds			788,294	1,082,774
Total charity	funds		21	796,294	1,082,774

			2022	2021
Cash flows from operating	activities
Net (expenditure)/income			(286,480)	185,897
Adj nstmen/s for:
Depreciation oftangible fixed assets			23,695	24,739
Other interest receivable and similar income			(318)	(257)
Interest payable and similar	charges		500	5,952
Accrued expenses			891
Changes in:
Trade and other debtors			(408,249)	54,795
Trade and other creditors			404,606	(27,439)
Cash generated from operations			(265,355)	243,687
Interest paid			(500)	(5,952)
Interest received			318	257
Net cash (used in)/from operating		activities	(265,537)	237,992
Cash flows from financing	activities
Proceeds from borrowings			(4,167)	50,000
Net cash (used in)/from financing		activities	(4,167)	50,000
Net (decrease)/increase in cash		aad cash equivalents	(269,704)	287,992
Cash and cash equivalents	at beginning ofyear		324,144	36,152
Cash and cash equivalents	at end ofyear		54,440	324,144

amount of an asset as a result ofrevaluation is recognised in other recognised gains and except to which it offsets any previous revaluation gain, in which case the loss is shown other recognised gains and losses on the statement offinancial activities. Depreciation	losses, within
Depreciation is calculated so as to write offthe cost or valuation ofan asset, less its residual	value,
over the useful economic life ofthat asset as follows:
Freehold property 20%straight line
Fixtures and fittings 15%reducing balance

Side by Side (Children) Limited is a Donations and legacies	registered charity and acompany	limited by gu	arantee.
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
Donations
General Donations	499,530		499,530
Grants
Grants receivable	50,325	31,659	81,984
	549,855	31,659	581,514

Expenditure on charitable activities	by fund type
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	8
Side by Side School	2,713,364	23,659	2,737,023
Support costs	10,638		10,638
	2,724,002	23,659	2,747,661
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
Side by Side School	2,498,481	40,613	2,539,094
Support costs	11,571		11,571
	2,510,052	40,613	2,550,665

Expenditure	on charitable ac	tivities by activity typ	e
		Activities
		undertaken		Total funds	Total fund
		directly	Support costs	2022	2021
Side by Side	School	2,737,023		2,737,023	2,539,094
Governance	costs		10,638	10,638	11,571
		2,737,023	10,638	2,747,661	2,550,665

	Net (expenditure)/income is stated atter c	harging/(crediting):
			2022	2021
	Depreciation oftangible fixed assets		23,695	24,739
13.	Auditors remuneration
			2022	2021
	Fees payable forthe audit ofthe financial	statements	9,600	9,600

			1,951,844	1,892,145
The average head count ofemployees		during	the year was 137(2021:130).
The number ofemployees	whose remuneration		for the year fell within the following	bands, were:
			2022	2021
			No.	No.
f80,000tof89,999 f90,000tof99,999			1	1
			1	1

incurred by the trustees for services provided to Tangible fixed assets	the charity.
	Freehold	Fixtures and
	property	fittings	Total
Cost
At 1 May 2021 and 30April 2022	169,735	76,958	246,693
Depreciation
At 1 May 2021	135,995	37,527	173,522
Charge for the year	17,780	5,915	23,695
At 30April 2022	153,775	43,442	197,217
Carrying amount
At 30April 2022	15,960	33,516	49,476
At 30April 2021	33,740	39,431	73,171

17.	Debtors
				2022	2021
	Trade debtors			398,163	18,821
	Prepayments and accrued income				8,333
	Other debtors			1,264,726	1,227,486
				1,662,889	1,254,640
18.	Creditors: amounts	falling due within	one year
				2022	2021
	Bank loans and overdratts			10,000	4,167
	Trade creditors			66,068	124,352
	Accruals and deferred	income		395,720	394,829
	Social security and other taxes			19,189
	Other creditors			443,701
				934,678	523,348
19.	Creditors: amounts	falling due atter more than one year
				2022	2021
	Bank loans and overdratls			35,833	45,833

	Restricted fiinds
			At				At 30April
			I May 2021	Income	Expenditure		2022
	Restricted Fund			31,659	(23,659)		8,000
			At				At
			I May 2020 f	Income	Expenditure	30April 2021
	Restricted Fund			40,613	(40,613)
22.	Analysis ofnet assets between	funds
				Unrestricted	Restricted		Total Funds
				Funds	Funds		2022
	Tangible fixed assets			49,476			49,476
	Current assets			1,709,329	8,000		1,717,329
	Creditors less than I year			(934,678)			(934,678)
	Creditors greater than I year			(35,833)			(35,833)
	Net assets			788,294	8,000		796,294
				Unrestricted	Restricted		Total Funds
				Funds	Funds		2021
	Tangible fixed assets			73,171			73,171
	Current assets			1,578,784			1,578,784
	Creditors less than I year			(523,348)			(523,348)
	Creditors greater than I year			(45,833)			(45,833)
	Net assets			1,082,774			1,082,774
23.	Analysis ofchanges in net debt
				At			At
				I May 2021 f	Cash flows		30Apr 2022
	Cash at bank and in hand			324,144	(269,704)		54,440
	Debt due within one year			(4,167)	(5,833)		(10,000)
	Debt due after one year			(45,833)	10,000		(35,833)
				274,144	(265,537)		8,607