## ## ## ## ## ## ||||Page| |---|---|---|---| |Trustees'
report|||1-3| |Independent
examiner's||report|| |Statement offinancial|activities||5-6| |Balance sheet|||7-8| |Statement ofcash flows|||| |Notes to the financial|statements||10-27| ## ## ## ## ## |for illustration
and|will be subject|to confir|mation:| |---|---|---|---| ||||5'000| |Asset removal
and reinstatement||costs|50| |Legal fees|||30| |Auctioneer Fees|||10| |Staff Termination|costs (estimate)||10| ## ## ## ## ## ## ## ## ## |||nl
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ht| ## ## ## |||||||2022||2020|2020| |---|---|---|---|---|---|---|---|---|---| ||||||Notes|6||6|6| |Fixed assets|||||||||| |Tangible assets|||||13||276,814||324,054| |Heritage assets|||||14||1,844,500||1,844,500| ||||||||2,121,314||2,168,554| |Current assets|||||||||| |Stocks|||||16|1,974||96|| |Debtors|||||17|28,974||321,265|| |Cash at bank and||in|hand|||303,655||206,790|| |||||||334,603||528,151|| |Creditors:|amounts||falling due within||||||| |one year|||||20|(730,588)||(378,680)|| |Net current|(liabilities)/assets||||||(395,985)||149,471| |Total assets less||current||liabilities|||1,725,329||2,318,025| |Creditors:|amounts||falling due after||||||| |more than|one year||||21||(64,110)||(280,088)| |Net assets|||||||1,661,219||2,037,937| |Capital funds|||||||||| |Endowment|funds|- general|||23||1,844,500||1,844,500| |Income funds|||||||||| |Unrestricted|funds||||||(183,281)||193,437| ||||||||1,661,219||2,037,937| ## ## ## ## ## ## ||||||||2022||2020| |---|---|---|---|---|---|---|---|---|---| |||||||Notes|||| |Cash flows from operating||||activities|||||| |Cash generated
from/(absorbed|||||by)|30|||| |operations||||||||491,780|(1,407, 103)| |Investing||activities|||||||| |Purchase||oftangible
fixed assets|||||(69,960)||(370,598)| |Proceeds||on disposal oftangible|||fixed||||| |assets|||||||28,439||| |Investment||income received|||||||4,649| |Net cash||used in investing||activities||||(41,521)|(365,949)| |Financing||activities|||||||| |Proceeds||from borrowings|||||||386,000| |Repayment||of borrowings|||||(350,616)||(35,384)| |Payment|ofobligations
under|||finance|||||| |leases|||||||(2,778)||(1,688)| |Net cash||(used in)/generated||from|||||| |financing||activities||||||(353,394)|348,928| |Net increase/(decrease)
in|||cash and|||cash|||| |equivalents||||||||96,865|(1,424,124)| |Cash and||cash equivalents|at beginning|||of Period||206,790|1,630,914| |Cash and||cash equivalents||at end of||Period||303,655|206,790| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds||| |||||2022
6|2022|2022
6|2020f| |Donations|and giRs||||||17,490| |Coronavirus|Job|Retention|Scheme||||| |grants||||51,209||51,209|1,979,135| |Other government||grants||27,357||27,357|200.000| |||||78,566||78,566|2,196,625| |Forthe Period ended 30|||September||||| |2020||||2,196,622|||2,196,625| ## ||||2022|2020| |---|---|---|---|---| |||||6| |Sports Services||||6,570,803| |Arts||||290,854| |Museums,
I|ibraries and Archives|||802,166| |Management||Service Fee||2,310,140| |Service Level||Agreements||1,064,786| |Theatre||||1,207,776| |Lost World|||47,684|| |Other income||||6,413| ||||47,684|12,252,938| |Analysis
by|fund|||| |Unrestricted|funds||47,684|11,525,175| |Restricted funds||||727,763| |||Unrestricted|Total| |---|---|---|---| |||funds|| |||2022|2020| |Interest|receivable||4,649| ## ## ## |||2022|2020| |---|---|---|---| |Other fundraising|costs||40,066| |Staff costs|||89,728| |Support costs|||16,902| |Governance
costs|||2,264| ||||148,960| |For the Period ended 30September 2020|||| |Fundraising
and publicity|||146,696| |Trading costs|||2,264| ||||148,960| ||||3
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8|| ## ## ## |Support costs||||||| |---|---|---|---|---|---|---| ||Support|Governance|2022|Support|Governance|2020| ||costs|costs||costs|costs|| |||5||5|5|| |Staff costs||||605,666|201,888|807,554| |ICT||||731,261||731,261| |Legal services||||18,648||18,648| |HR and payroll||||225,121||225,121| |Other costs|9,828||9,828|86,187|21,373|107,560| ||9,828||9,828|1,666,883|223,261|1,890,144| |Analysed
between||||||| |Fundraising||||16,902|2,264|19,166| |Charitable
activities|9,828||9,828|1,649,981|220,997|1,870,978| ||9,828||9,828|1,666,883|223,261|1,890,144| ## ## ## ## ## ## |The averag|e|monthly
number employees
during the Perio|d was:|| |---|---|---|---|---| ||||2022|2020| ||||Number|Number| |Museums,|Libraries and Archives|||97| |Sports and|Leisure|||324| |Arts||||21| |Theatre||||25| |Support||||30| |||||497| |Employment||costs|2022|2020| ||||6|6| |Wages and|salaries||128,758|8,191,411| |Social security costs|||5,685|446,403| |Other pension||costs||384,063| ||||134,443|9,021,877| |The nu|mb|er
ofemployees
whose annual
remunera|tion
was 660,000or more were:|| |---|---|---|---|---| ||||2022|2020| ||||Number|Number| |60,000|to|70,000||1| ## |||||Total|Endowment| |---|---|---|---|---|---| ||||||funds| |||||2022|2020| |Movement|on|pension|liability||(582,000)| ||||||(582,000)| ## ## ## ## ## ## |trading for profit, the c|trading for profit, the c|haritable
company
is exempt|from taxation
under section 5|05of IOTA 198|8.| |---|---|---|---|---|---| |Tangible fixed assets|||||| ||||Plant and|Fixtures,|Total| ||||machinery|fittings S|| |||||equipment|| |Cost|||||| |At 1 October|2020||339,618|20,114|359,732| |Additions|||69,960||69,960| |Disposals|||(32,814)||(32,814)| |At 31 January|2022||376,764|20,114|396,878| |Depreciation|and impairment||||| |At 1 October|2020||33,483|2,195|35,678| |Depreciation|charged|in the Period|82,908|5,853|88,761| |Eliminated
in|respect ofdisposals||(4,375)||(4,375)| |At 31 January|2022||112,016|8,048|120,064| |Carrying
amount|||||| |At 31 January|2022||264,748|12,066|276,814| |At 30September 2020|||306,135|17,919|324,054| ## ## ## ## |15|Financial
instruments|Financial
instruments||2022|2020| |---|---|---|---|---|---| ||||||6| ||Carrying
amount offinancial||assets||| ||Trade Debtors|||16,580|23,557| ||Cash|||303,655|206,790| ||Other debtors|||11,044|136,821| ||Accrued income|||1,350|160,887| |||||332,629|528,055| ||Carrying
amount offinancial||liabilities||| ||Trade creditors||||30,052| ||Other creditors|||108,148|| ||Accruals|||38,807|83,215| |||||146,955|113,267| |16|Stocks||||| |||||2022|2020| ||Finished goods and goods for||resale|1,974|| |17|Debtors||||| |||||2022|2020| ||Amounts
falling due within one year:||||f| ||Trade debtors|||16,580|23,557| ||Other debtors|||11,044|136,821| ||Prepayments|and accrued income||1,350|160,887| |||||28,974|321,265| |18|Loans and overdrafts||||| |||||2022|2020| |||||f|| ||Other loans||||350,616| ||Payable
within|one year|||80,416| ||Payable after|one year|||270,200| ## ## ## |Future|mini|mum|le|ase payments
due under
hire purcha|se
agreements:|| |---|---|---|---|---|---|---| ||||||2022|2020| ||||||6|| |Within|one|year|||2,894|2,894| |Within|two|and|five|years|7,110|9,888| ||||||10,004|12,782| ||Hire purchase|payments|payments|represent|rentals|payable|by the charity|by the charity|for certain items of plant and machinery.|for certain items of plant and machinery.|for certain items of plant and machinery.|for certain items of plant and machinery.| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Interest
rates|are|fixed|at the|contract|date.|All leases|are|on|a fixed|repayment
basis|and
no| ||arrangements|have|been|entered|into for|contingent|rental payments.|||||| |20|Creditors: amounts||falling due within one year|||||||||| ||||||||||||2022|2020| |||||||||Notes|||6|| ||Obligations
under finance|||leases|||||19||2,894|2,894| ||Borrowings|||||||||||80,416| ||Other taxation|and social||security||||||||129,553| ||Deferred
income||||||||22|||52,550| ||Trade creditors|||||||||||30,052| ||Amount
due to|parent
undertaking|||||||||580,739|| ||Other creditors||||||||||108,148|| ||Accruals||||||||||38,807|83,215| ||||||||||||730,588|378,680| |21|Creditors: amounts||falling due after more than one year|||||||||| ||||||||||||2022|2020| |||||||||Notes||||6| ||Obligations
under finance|||leases|||||19||7,110|9,888| ||Borrowings|||||||||||270,200| ||Amount
owed to parent
undertaking||||||||||57,000|| ||||||||||||64,110|280,088| ## ## ## ## |||||||||||||2022f||2020
f| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Deferred|grants and income||in|advance|||||||||52,550| ||Deferred|income is included||in|the financial|statements||as|follows:|||||| ||Current|liabilities||||||||||||52,550| |23|Endowmentfunds|||||||||||||| ||Endowment
funds represent|||assets which||must be held permanently||||by the|charity. Income arising|||on the| ||endowment
funds can be||used||in accordance||with the|objects ofthe||charity|and is included as unrestricted|||| ||income.|Any capital gains|or|losses arising||on the assets form part ofthe fund.
Whilst||||||it is recognised
that||| ||there are legal restdictions||on the ability of|||a corporate||entity to hold||permanent
endowments,|||these assets|| ||are treated as such in these|||accounts due||to|the conditions||under which the||assets were passed to the|||| ||charity.|||||||||||||| ||||||||||Ilovement||in funds|||| ||||||||Balance at||Incoming|Balance at||Incoming||Balance at| |||||||1|April 2010||resources1|October|2020|resources||31January| |||||||||||||||2022| |||||||||||||||f| ||Permanent
endowments|||||||||||||| ||Sculpture|collection||||1,844,500||||1,844,500|||1,844,500|| |||||||1,844,500||||1,844,500|||1,844,500|| ## ## |||||Movement|in funds||Movement|| |---|---|---|---|---|---|---|---|---| ||||||||in funds|| ||||Balance at|Incoming|Resources|Balance at|Incoming|Balance at| ||||1April 2010|resources|expended1|October 2020|resources|31 January| |||||||||2022| |Book fund|||46,501|210,145|(256,646)|||| |Museums,|libraries|and||||||| |archives|||43,967|159,061|(203,028)|||| |Sports development||||93,928|(93,928)|||| |Arts||||264,632|(264,632)|||| ||||90,468|727,766|(818,234)|||| ## ## ## ## ## ## ||||||||||Movement||in funds|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Balance at|||Resources|Transfers||Investments|Balance|at|Balance at| ||||||1 April 2019|||expended|||seine/losses1|October 2020||31January| |||||||||||||||2022| |||||||||||||||f| |Defined|benefit pension|||||||||||||| |scheme||||||437,000||604,000|(229,000)||(812,000)|||| |||||||437,000||604,000|(229,000)||(812,000)|||| |During|the previous||year the||LGPS defined|||benefit scheme was transferred
to Peterborough||||||City Council| |on the termination||of|the|SLA.||||||||||| |Analysis of net assets between||||||funds||||||||| |||||Unrestricted|||Endowment||Total|Unrestricted||Endowment||Total| |||||||funds||funds|||funds|funds||| |||||||2022||2022|2022||2020|2020||2020| |||||||8|||||F||6|f| |Fund balances at 31||||||||||||||| |January|2022 are|||||||||||||| |represented
by:||||||||||||||| |Tangible|assets||||276,814||||276,814||324,054|||324,054| |Heritage|assets||||||1,844,500||1,844,500|||1,844,500||1,844,500| |Current|assets/|||||||||||||| |(liabilities)||||(395,985)|||||(395,985)||149,471|||149,471| |Long term liabilities|||||(64,110)||||(64,110)||(280,088)|||(280,088)| |||||(183,281)|||1,844,500||1,661,219||193,437|1,844,500||2,037,937| ## ## ## ## |||2022f|2020
5| |---|---|---|---| |Nlithin|one year|1,044|1,044| |Between two and five years||2,784|3,828| |||3,828|4,872| ## ## |||2022f|2020| |---|---|---|---| |Aggregate|compensation||230,395| ## ## ## ## ||included
within creditor|s is 5637,7|39 ow|ed|to Nene Par|k Trust.||| |---|---|---|---|---|---|---|---|---| |30|Cash generated
from|operations|||||2022|2020| ||||||||5|6| ||Deficit for the Period||||||(376,718)|139,060| ||Adjustments
for:|||||||| ||Investment
income recognised
in statement||||offinancial|activities||(4,649)| ||Depreciation
and impairment
oftangible|||fixed assets|||88,760|336,151| ||Difference between
pension charge and|||cash contributions||||(375,000)| ||Movements
in working|capital:||||||| ||(Increase)/decrease
in|stocks|||||(1,878)|60,432| ||Decrease
in debtors||||||292,291|201,104| ||Increase/(decrease)
in|creditors|||||541,875|(1,231,867)| ||(Decrease)
in defened|income|||||(52,550)|(532,334)| ||Cash generated
from/(absorbed||by) operations||||491,780|(1,407,103)| ## ## |31|Analysis|ofchanges|in net funds/(debt)|||| |---|---|---|---|---|---|---| |||||At 1 October|Cash flows|At31 January| |||||2020||2022| |||||6||6| ||Cash at bank and in hand|||206,790|96,865|303,655| ||Loans falling due within||one year|(80,416)|80,416|| ||Loans falling due after||more than one year|(270,200)|270,200|| ||Obligations|under finance leases||(12,782)|2,778|(10,004)| |||||(156,608)|450,259|293,651|