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|---|---|---|---|
|Trustees'
report|||1-4|
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Statement
ofcash flows||||
|Notes to the financial|statements||9-19|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2022|2022|2022|2021|2021|2021|
||||Notes||f.||E|||
|~ln ~mfa||||||||||
|Charitabl|activities|||||||||
|Contracts|for|||||||||
|operational|programmes||2|57,682|826,014|883,696|102,053|634,668|736,721|
|Ex endit|r on:|||||||||
|Charitable|activities|||||||||
|Contracts|for|||||||||
|operational|programmes||3|132,266|639,963|772,229|142,504|622,793|765,297|
|Total charitable||expenditure||132,266|639,963|772,229|142,504|622,793|765,297|
|Net (outgoing)/incoming||||||||||
|resources|before transfers|||(74,584)|186,051|111,467|(40,451)|11,875|(28,576)|
|Gross transfers||between||||||||
|funds||||(9,289)|9,289||25,020|(25,020)||
|Net (expenditure)/income|||for|||||||
|the year/||||||||||
|Net movement||in funds||(83,873)|195,340|111,467|(15,431)|(13,145)|(28,576)|
|Fund balances||at 1 April|2021|55,065|92,686|147,751|70,496|105,831|176,327|
|Fund balances||at 31 March||||||||
|2022||||(28,808)|288,026|259,218|55,065|92,686|147,751|
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||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|f||||
|Fixed assets|||||||
|Tangible assets||||231,639||21,519|
|Current assets|||||||
|Debtors|||340,592||6,000||
|Cash at bank and in|hand||189,124||129,674||
||||529,716||135,674||
|Creditors: amounts|falling due within||||||
|one year||10|(326,211)||(9,442)||
|Net current assets||||203,505||126,232|
|Total assets less current liabilities||||435,144||147,751|
|Creditors: amounts|falling due after||||||
|more than one year||||(175,926)|||
|Net assets||||259,218||147,751|
|Income funds|||||||
|Restricted funds||13||288,026||92,686|
|Unrestricted
funds||||(28,808)||55,065|
|||||259,218||147,751|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating
activities||||||||
|Cash generated
from operations|||18||277,276||36,625|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(310,933)||(2,808)||
|Proceeds|from disposal oftangible|fixed||||||
|assets||||12,557||||
|Provision ofshort term funding||||(150,932)||||
|Net cash|used in investing
activities||||(449,308)||(2,808)|
|Financing|activities|||||||
|Proceeds|from new bank loans|||250,000||||
|Repayment|of bank loans|||(18,518)||||
|Net cash|generated
from/(used|in)||||||
|financing|activities||||231,482|||
|Net increase
in cash and cash equivalents|||||59,450||33,817|
|Cash and|cash equivalents
at beginning||ofyear||129,674||95,857|
|Cash and|cash equivalents
at end of||year||189,124||129,674|
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|||||||Contracts for|Contracts for|
|---|---|---|---|---|---|---|---|
|||||||operational|operational|
|||||||programmes|programmes|
|||||||2022|2021|
||||||||f.|
|||||||883,696|736,721|
|Analysis
by fund||||||||
|Unrestricted|funds|||||57,682|102,053|
|Restricted funds||||||826,014|634,668|
|||||||883,696|736,721|
|Tees Valley Combined||||Authority|-Wheels 2 Work|380,751|40,000|
|TEWV||||||198,615||
|Redcar 8 Cleveland|||BC|||163,568|250,536|
|Anglo-American||Foundation||||40,000||
|Sport England||||||27,950|33,900|
|Middlesbrough|BC|||||15,000||
|YALF|||||||160,000|
|Lottery - Liquidity||Grant|||||51,805|
|Covid Grants|||||||46,450|
|BBO|||||||36,063|
|Other||||||57,812|117,967|
|||||||883,696|736,721|
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||||||||Contracts for|Contracts for|Contracts for|Contracts for|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||operational|||operational|
||||||||programmes|||prog rammes|
|||||||||2022||2021|
|||||||||E||F|
|Staff costs||||||||439,112||471,949|
|Depreciation|and impairment|||||||82,695||21,936|
|Other office|costs|||||||242,761||262,842|
|Loss on disposal oftangible||||fixed assets||||5,561||7,220|
|||||||||770,129||763,947|
|Share ofgovernance||costs (see note|||4)|||2,100||1,350|
|||||||||772,229||765,297|
|Analysis
by|fund||||||||||
|Unrestricted|funds|||||||132,266||142,504|
|Restricted funds||||||||639,963||622,793|
|||||||||772,229||765,297|
|Supportcosts|||||||||||
|||||||Support|Governance|2022||2021|
|||||||costs|costs||||
|Independent|examination||ofcharity's||financial||||||
|statements|||||||1,000|1,000||900|
|Other non-Independent|||Examination||services||1,100|1,100||450|
||||||||2,100|2,100||1,350|
|Analysed
between|||||||||||
|Charitable
activities|||||||2,100|2,100||1,350|
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|The average
monthly
number ofemployees
during th|e year was:||
|---|---|---|
||2022|2021|
||Number|Number|
||16|19|
|Employment
costs|2022f|2021f|
|Wages and salaries|392,738|424,340|
|Social security costs|33,604|34,878|
|Other pension costs|12,770|12,731|
||439,112|471,949|
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|Tangible fix|ed asset|s|||||
|---|---|---|---|---|---|---|
||||Scooters etc|Computer|Motor vehicles|Total|
|||||equipment|||
|||||E|E||
|Cost|||||||
|At 1 April 2021|||66,504|5,395||71,899|
|Additions|||265,226|2,757|42,950|310,933|
|Disposals|||(66,503)|||(66,503)|
|At 31 March|2022||265,227|8,152|42,950|316,329|
|Depreciation|and impairment||||||
|At 1 April 2021|||48,384|1,996||50,380|
|Depreciation|charged|in the year|72,937|1,705|8,053|82,695|
|Eliminated
in|respect|ofdisposals|(48,385)|||(48,385)|
|At 31 March|2022||72,936|3,701|8,053|84,690|
|Carrying
amount|||||||
|At 31 March|2022||192,291|4,451|34,897|231,639|
|At 31 March|2021||18,120|3,399||21,519|
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|Debtors|||
|---|---|---|
|Amounts
falling due within one year:|2022|2021f|
|Trade debtors|189,660|6,000|
|Other debtors|150,932||
||340,592|6,000|
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|Loans and overdrafts|||
|---|---|---|
||2022|2021|
|Bank loans|231,482||
|Payable within one year|55,556||
|Payable after one year|175,926||
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|10|Creditors: amounts|falling due within one year||||
|---|---|---|---|---|---|
||||Notes|2022|2021f|
||Bank loans|||55,556||
||Other taxation and social security|||55,543|8,092|
||Deferred income||12|129,605||
||Trade creditors|||1,834||
||Other creditors|||81,573||
||Accruals and deferred|income||2,100|1,350|
|||||326,211|9,442|
|11|Creditors: amounts|falling due after more than one year||||
|||||2022|2021|
||||Notes|||
||Bank loans|||175,926||
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Other deferred
income|||||129,605||
|Deferred|income is|included|in the financial statements|as follows:|||
||||||2022|2021f|
|Deferred|income is|included|within:||||
|Current|liabilities||||129,605||
|Movements
in the year:|||||||
|Deferred|income at|1 April 2021|||||
|Resources deferred||in the year|||129,605||
|Deferred|income at|31 March|2022||129,605||
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|||||||Movement|Movement|in funds||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance at|Incoming|Resources||Transfe|rs|Balance at|Incoming|Resources|Transfers|Balance at|
||||||1 April 2020|resources|expended||||1 April 2021|resources|expended||31 March 2022|
|Redcar 8 Cleveland||BC||||||||||163,568|(201,768)||(38,200)|
|Tees Valley Combined|||Authority|- Wheels 2||||||||||||
|Work||||||||||||380,751|(219,268)||161,483|
|New College Durham|||||||||||||(8)||(8)|
|TEWV||||||||||||198,615|(111,645)||86,970|
|Anglo-American|Foundation|||||||||||40,000|||40,000|
|Sport England||||||||||||27,950|(25,432)||2,518|
|Ballinger Trust|||||||||||||(228)||(228)|
|Haitlepool
BC||||||||||||130|||130|
|Cycling insight||||||9,286|||||9,286||(7,226)||2,060|
|Middlesbrough|BC|||||||||||15,000|||15,000|
|Humankind|||||||||||||(7,445)||(7,445)|
|Virgin
Money Foundation|||||||||||||(11,966)||(11,966)|
|Virgin - Business Development||||Manager|49,959||||||49,959||(12,247)||37,712|
|Other|||||55,872|625,382|622,793||(25,020)||33,441||(42,730)|9,289||
||||||105,831|634,668|622,793||(25,020)||92,686|826,014|(639,963)|9,289|288,026|
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|14|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2022|2022||2021|2021|2021|
|||E|f.||F|E|E|
||Fund balances at 31|||||||
||March 2022 are|||||||
||represented
by:|||||||
||Tangible assets|39,348|192,291|231,639|13,022|8,497|21,519|
||Current
assets/(liabilities)|153,129|50,376|203,505|42,043|84,189|126,232|
||Long term liabilities|(175,926)||(175,926)||||
|||16,551|242,667|259,218|55,065|92,686|147,751|
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|non-cancellable
operating
leases, which fall due as follows|:||
|---|---|---|
||2022
f.|2021f|
|Within one year|1,660|1,667|
|Between two and five years|1,090||
||2,750|1,667|
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|18|Cash generated
from|operations|operations|||2022
E|2021f|
|---|---|---|---|---|---|---|---|
||Surplus/(deficit)
for the|year||||111,467|(28,576)|
||Adjustments
for:|||||||
||Loss on disposal oftangible||fixed assets|||5,561|7,219|
||Depreciation
and impairment||oftangible|fixed assets||82,695|21,936|
||Movements
in working|capital:||||||
||(Increase)/decrease
in|debtors||||(183,660)|30,057|
||Increase
in creditors|||||131,608|5,989|
||Increase
in deferred
income|||||129,605||
||Cash generated
from|operations||||277,276|36,625|
|19|Analysis ofchanges|in net|debt|||||
||||||At 1 April 2021|Cash flowsAt 31 March 2022||
||||||E|||
||Cash at bank and in hand||||129,674|59,450|189,124|
||Loans falling due within|one|year|||(55,556)|(55,556)|
||Loans falling due after|more|than one year|||(175,926)|(175,926)|
||||||129,674|(172,032)|(42,358)|