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2022-07-31-accounts

Registered Charity Number: 1139747

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 FOR MELTON LEARNING HUB

Registered Company Number: 7404469 (England and Wales)

99 Chapel Street Ibstock Leicestershire LE67 6HF

MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

CONTENTS PAGE
Report of the trustees 1 - 6
Independent examiners report 7
Statement of financial activities 8 - 10
Balance sheet 11
Cashflow statement 12
Notes to the financial statements 13 - 17

MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES Objectives and aims

The objectives of the charity are:

ACHIEVEMENT AND PERFORMANCE Charitable activities

The directors have taken due account of the guidelines issued by the Charity Commission with regard to public benefit, and set out above are the main activities undertaken during the year by Melton Learning Hub in furtherance of its charitable purposes for the public benefit.

This year has been a busy year for the charity and it has been great to see a return to a lot of normal activities that we offer. Student numbers have risen, with several students now experiencing a mixed offer of education, some days in school and a day a week at the Hub learning vocational qualifications. It is great for us to be able to support students in this way, both by making sure they have a chance at their GCSEs and starting to work on qualifications they will continue at college.

The Engage project completed its third year and with its success came two years continued funding. We extend our thanks and support to the National Lottery and in particular Oliver Savage, our Leicestershire co-ordinator. He has challenged and supported us to develop the project further. This year saw the introduction of a transitions officer role to the team. The aim of this role is to support learners from year 11 through year 12.

The Venue has started to offer a number of clubs again with the Holiday Activities Fund now operating for its third year from the centre. This is an opportunity for over 30 children from across Melton District to come and engage in sporting and healthy eating activities for four weeks through the Summer. The scheme is always well attended and is an opportunity for The Melton Learning Hub to fund trips for the children. This year we were able to fund Planet Bounce, bowling and a cinema trip. The charity recognises that we cannot support all young people across the district with higher needs and therefore we were able to fund a place at the local MENCAP

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MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

Summer scheme for a child. It is important to us that all local charities work together to support young people the best way we can.

The community transport scheme has seen a significant rise in demand as many of the rural bus services have been withdrawn. The highest area of demand is hospital journeys as in person appointments returned. As ever we want to express our sincere thanks to our team of volunteer drivers without whom we would not be able to operate.

Lastly, we would like to thank the continued support we have from our grant givers. It is the small and large grants we receive that allow us to deliver the specialist support and opportunities we can give to young people not only from Melton Mowbray but from across Leicestershire.

Alternative Education

This year saw a total return to in person teaching with all students having full timetables. For many of our learners this has been challenging as they had lost routines during lockdown. Anxiety in social situations has risen, in part we believe, due to the extended periods young people spent alone at home.

To support this, we have offered taster sessions to support students nervous about attending education again. For students with severe anxiety we have introduced phased introductions to The Hub, slowly building up their confidence in attending.

The centre now works with 22 different commissioning bodies such as schools and inclusion partnerships, a reflection of the good reputation of the centre for delivery of vocational qualifications and support for the needs of our students.

Student Achievements

Arts

The art-based subjects have increased in popularity amongst the students with a high rate of achievement. For many learners this is a therapeutic class offering them opportunities to express themselves and develop their creativity. Some of the craft skills they have developed are shown as below:

----- Start of picture text -----
QA Group Code Course No. of No. of
Registrations Certifications
NCFE Level 1 Award in Graphic
Arts & Media 500/8454/9 11 11
Design
NCFE Entry Level Award in
Arts & Media 600/4944/3 7 7
Creative Craft (EL3)
NCFE Level 1 Award in Creative
Arts & Media 601/3360/0 21 21
Craft
NCFE Level 1 Award in Creative
Arts & Media 601/3360/0/0/COO 37 22
Craft (Cookery)
NCFE Level 1 Award in Creative
Arts & Media 601/3360/0/HTC 2 0
Craft (Heritage Craft)
NCFE Level 2 Award in Creative
Arts & Media 601/3361/2 5 5
Craft
----- End of picture text -----

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MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

Functional Skills

The table below reflects the entries for functional skills maths and English. What is notable with functional skills is the drop off from Entry Level 3 to Level 1. There is now a significant rise in expectations at Level 1 which aligns to a lower level GCSE. Students achieving Entry Level 3 qualifications will be able to access college placements.

----- Start of picture text -----
QA Group Code Course No. of No. of
Registrations Certifications
Functional Skills 603/5052/0 NCFE Entry Level 3 English 13 9
Functional Skills 603/5053/2 NCFE Entry Level 2 Maths 8 8
Functional Skills 603/5054/4 NCFE Level 2 English 2 0
Functional Skills 603/5055/6 NCFE Level 1 Maths 12 1
Functional Skills 603/5056/8 NCFE Entry Level 2 English 4 4
Functional Skills 603/5057/x NCFE Entry Level 1 Maths 1 1
Functional Skills 603/5058/1 NCFE Level 1 English 6 1
Functional Skills 603/5059/3 NCFE Entry Level 1 English 4 3
Functional Skills 603/5060/x NCFE Level 2 Maths 3 1
Functional Skills 603/5061/1 NCFE Entry Level 3 Maths 16 16
----- End of picture text -----

Preparation for life and work

----- Start of picture text -----
QA Group Code Course No. of No. of
Registrations Certifications
NCFE Level 1Award (Exploring)
Preparation for
601/1086/7 Occupational studies for the 3 3
Life and Work
workplace
Preparation for NCFE Level 1 Award Occupational
601/1087/9 60 60
Life and Work studies for the workplace
Preparation for NCFE Level 1 Certificate Occupational
601/1088/0 25 24
Life and Work studies for the workplace
Preparation for NCFE Entry level 3 Occupational
601/1186/0 16 16
Life and Work studies for the workplace
Preparation for NCFE Level 2 Certificate Occupational
601/1423/X 1 1
Life and Work studies for the workplace
NCFE Level 2 Award in
Preparation for
601/1424/1 Occupational studies for the 11 11
Life and Work
workplace
NCFE Level 2 Award
Preparation for
601/1497/6 (Exploring) Occupational studies for 2 2
Life and Work
the workplace
Preparation for NCFE Level 1Award Employability
601/4680/1 9 6
Life and Work skills
----- End of picture text -----

The Venue – Foodbank

As we came out of the COVID pandemic there was a short period of decline in demand for our foodbank service and the Melton Learning Hub returned to just supporting the families of our students.

This was soon replaced by the growing demand for support created by the cost of living crisis. The Melton Learning Hub was awarded a Household Support Grant.. With this fund we have worked together with Longfield Spencer Academy, John Ferneley Academy and Brownlow Wellbeing Hub to support families in need. The fund was also able to support a family with costs associated with a relative in hospital and school uniform for another family. We have continued to subscribe to the FareShare food redistribution charity, and enjoy a close working relationship with them. As our year drew to a close we also increased our support to the wider community by

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MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

providing cereals, fruit and yoghurt to Oasis pre-school. This support could not continue without the generous donations of our community to the donation banks in Tesco and Aldi, together with the Household Grant.

Families can now seek support from a number of places and centres across the town and this support will become increasingly essential over the approaching winter.

Youth Club

This year the Melton Learning Hub has struggled to secure funding to deliver a youth club from our centre The Venue. As a district we know that anti-social behaviour has become an increasing issue across the town with young people themselves identifying that there is nowhere low cost and safe for them to go. We can often see young people gathering around McDonald’s in town and this is purely down to access to Wi-Fi and somewhere they can meet. The Melton Learning Hub is committed to continuing to try and secure funding so we can re-start our sessions which previously had a membership of over 100 young people. The Melton Learning Hub has applied to a number of funds and fingers crossed we can re-start sessions soon.

Melton Borough Community Transport Scheme

The return to in-person hospital appointments has seen a considerable rise in demand for support from the scheme. This has been accompanied by a reduction in the number of volunteer drivers we have, partly due to people retiring later in life. We currently have 17 Drivers. All volunteers drive for no reward; they are however paid mileage at a rate of 45p per mile. The charity appreciated that this year in particular has seen a rise in fuel costs and we are so grateful for the support of our drivers, so each was given a bonus from us. We could not continue to deliver our important service to the community without them. The bonus was a small expression of our gratitude for the care and support they show their clients.

Breakdown of Community Transport Scheme Journeys July 2021/22

Community Transport

Type of Journey **No. of Journeys **
Social Car Non- wheelchair user 1,991
Wheelchairpassengerjourney 101
Carerjourney 128
**Total socialjourneys ** 2,092

Trips to attend hospital (Section 256)

----- Start of picture text -----
Type of Journey No. of Journeys
Social Car Non- wheelchair user 1,356
Wheelchair passenger journey 46
Carer journey 328
Total 1,402
Total journeys for the scheme 3,494
----- End of picture text -----

The scheme was also able to invest in a new wheelchair vehicle over the past year. The new vehicle has easier wheelchair access and so supports the most vulnerable members of our community who have very limited options re transport.

Engage

We established a partnership with Above and Beyond - an organisation that supports young people and their families - to create the Engage project. The project is designed to provide much needed additional support and

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MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

help for vulnerable young people and their families who are residents of Melton Mowbray and its Borough. These young people are usually at risk of school exclusion, involvement in crime or anti-social behaviour, have poor mental or physical health or have poorer life chances because of poverty or ineffective parenting. The Charity’s annual report doesn’t cover the broad range of work the team does and therefore we encourage you to click on the links below to view Engage’s Year 3 report

This year saw themes of work come together for Engage. The development of a Women’s group, which started in September 2021, came from the number of referrals the team received relating to young women and anxiety. The group runs every Thursday at the Venue after school

Transitions are key times in a young person‘s life, and the transition to secondary school can be a challenging time. The team identified this was a common theme of referrals and therefore approached both our local secondary schools. The team now runs support groups for Year 7 and 8 at both Longfield and John Ferneley schools.

The summer saw Engage being awarded with a Heritage Grant for a Paint the Town Red project. This project was such a success it featured in the national press for youth work. Young people working with Engage developed a heritage trail and supporting pack for families in the town and for visitors. The young people were involved in researching, designing and costing the project. Many helped on the market stall in town, challenging themselves to use communication skills. This was a fantastic opportunity and was well received in the town.

Holiday Activities and Food Summer Scheme (HAF)

The Melton Learning Hub has run the HAF summer scheme for a number of years. This is our opportunity to share with the community any surplus we have made over the year. HAF is a funded programme however the charity chooses to fund additional activities during the scheme. This year the group was able to go to Planet Bounce, Wollaton Hall, bowling and a private screening for a cinema all at no cost.

The scheme itself supports young people to eat healthily and engage in a sporting activity for 4 hours a day, 4 days a week, for 4 weeks of the summer holiday. We offered a variety of sporting activities to engage all young people in sports they might never have tried before. We visited an air rifle range, took groups magnet fishing and played foot golf as some examples, as well as traditional sporting activities.

FINANCIAL REVIEW Principal funding sources

Total incoming resources for the period amounted to £702,635, with total resources expended of £623,372, resulting in net incoming resources of £79,263.

The main sources of income for the charity continue to be that of invoiced income through providing teaching facilities, as well as donated income totalling £220,739 (see note 2). During the year, the charity continued to be able to offer support and on site education to all of the students.

Reserves policy

Reserves are defined as that part of the current assets freely available for general purposes, as opposed to fixed assets and monies held in restricted funds or designated for specific uses. At 31 July 2022 the free reserves were £618,649 (2021: £491,530). There is no specific reserves policy as it is felt that there are sufficient reserves going forward

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MELTON LEARNING HUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 12 October 2010 and registered as a charity on 11 January 2011.

The company was established under a Memorandum of Association which established the objects and powers of the charity and is governed under its Articles of Association. The directors, who are the trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 2. It is our policy to undertake ongoing risk assessments and take such measures as are necessary to ensure the health and safety of staff, volunteers, families and members of the public who visit our premises and are involved in our work.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity number: 1139747

Principal address/Registered office:

Burton Road Melton Mowbray Leicestershire LE13 1DJ

Directors/Trustees

R. Whittingham L. M. Moore P. M. Posnett Chairperson S. W. Taylor Vice chair K. M. Theobald P. C. Treadwell D. Clements S. Brown P. Saxby

Bankers

Independent Examiner

HSBC Bank PLC TC Group 17 High Street 99 Chapel Street Melton Mowbray Ibstock Leicestershire Leicestershire LE13 0TY LE67 6HF

Approved by the board of trustees on / / 2023 and signed on its behalf by:

……….……….……….……….……….……….……….……….……….………. (Chairperson)

P. M. Posnett

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MELTON LEARNING HUB INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 JULY 2022

I report to the charity trustees on my examination of the accounts of the Charitable Company for the year ended 31 July 2022.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J. Dennis ACA Dated: / / 2023 For and on behalf of TC Group 99 Chapel Street Ibstock Leicestershire LE67 6HF

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MELTON LEARNING HUB STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 JULY 2022

Total funds Total Funds
Unrestricted Funds Restricted Funds 2022 2021
Note £ £ £ £
INCOMING RESOURCES
Voluntary income 2 - 220,739 220,739 317,164
Incoming resources from
charitable activities 3 4,350 - - 2,466
Invoiced income 445,734 - 445,734 370,630
Room hire - - - -
Café and sundry income 31,758 - 31,758 22,844
Deposit account interest 54 - 54 10
------------------------------------------------- ------------------------------------------------- -------------------------------------------------- ------------------------------------------------
TOTAL 481,896 220,739 702,635 713,114
------------------------------------------------- ------------------------------------------------- -------------------------------------------------- -------------------------------------------------
RESOURCES EXPENDED
Establishment expenses 27,593 16,730 44,323 49,550
Staff and volunteer costs 5 274,293 177,882 452,175 408,049
Activity costs 32,095 47,566 79,661 80,343
Café and sundry expenses 1,699 11,272 12,971 9,066
Administration 19,095 15,147 34,242 45,230
-------------------------------------------------------- -------------------------------------------------- -------------------------------------------------- ----------------------------------------------
TOTAL 354,776 268,596 623,372 592,238
---------------------------------------------------- ------------------------------------------------ --------------------------------------------------- -------------------------------------------------
NET INCOMING RESOURCES
**FOR THE YEAR ** 4 127,120 (47,857) 79,263 120,876
Funds brought forward at 1
August 2021 491,530 95,495 587,025 466,149
Funds transferred - -
------------------------------------------------- ------------------------------------------------ ----------------------------------------------- ------------------------------------------------
TOTAL FUNDS CARRIED
FORWARD 618,649 47,639 666,288 587,025
====================================== ======================================== ==================================== ====================================

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MELTON LEARNING HUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022

The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The trustees acknowledge their responsibilities for:

• Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

These financial statements were approved by the Board of Trustees on and were signed on its behalf by:

…………………………………………………. Trustee

P. M. Posnett

…………………………………………………. Trustee

S. W. Taylor

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MELTON LEARNING HUB STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022

J

INCOME AND ENDOWMENTS 2022 2021
£ £
Invoiced, income, grants and
donations
Voluntary Income 220,739 317,164
Invoiced income 445,734 370,630
Room hire - -
Café and sundry income 31,758 22,844
----------------------------------------------- -----------------------------------------------
698,231 710,638
Other trading donations
Donations 4,350 2,446
Investment Income
Deposit account interest 54 10
----------------------------------------------- -----------------------------------------------
Total incoming resources 702,635 713,114
EXPENDITURE
Charitable activities
Wages and national insurance 416,836 382,201
Pensions 16,258 15,963
Volunteer expenses 19,081 9,885
Rates and water 1,562 1,592
Rent and service charges 12,000 12,000
Insurance 8,379 8,602
Light and heat 4,581 4,317
Repairs and renewals 9,802 14,118
Cleaning and waste 4,391 5,301
Depreciation 29,786 11,239
Hire of facilities 191 103
Telephone and internet 4,194 5,516
Postage and stationery 8,945 15,223
Consultancy fees 8,204 13,511
Accountancy 2,209 2,016
Professional fees 10,327 8,869
Advertising 363 95
Training materials 37,233 40,839
Café expenses 12,971 9,066
Exam fees 6,416 6,574
Staff travelling 1,818 671
Motor expenses 6,053 20,199
Sundry expenses 1,772 1,598
Bad Debt - 2,740
----------------------------------------------- -----------------------------------------------
623,372 592,238
----------------------------------------------- -----------------------------------------------

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MELTON LEARNING HUB BALANCE SHEET AS AT 31 JULY 2022

Note £ £ £ £
2022 2021
FIXED ASSETS
Tangible assets 7 86,369 32,942
CURRENT ASSETS
Debtors 8 16,923 24,861
Cash at bank and in hand 566,046 531,733
------------------------------------------------ --------------------------------------------
582,970 556,594
CREDITORS:
Amounts falling due within one year 9 3,051 2,511
------------------------------------------------
------------------------------------------------
NET CURRENT ASSETS 579,919 554,083
------------------------------------------------ ----------------------------------------------
TOTAL ASSESTS LESS CURRENT LIABILITIES 10 666,288 587,025
------------------------------------------------ ------------------------------------------------ ----------------------------------------------- ----------------------------------------------
UNRESTRICTED FUNDS
Operating fund 11 618,649 491,530
RESTRICTED FUNDS 11 47,639 95,495
------------------------------------------------ ------------------------------------------------ ----------------------------------------------- ----------------------------------------------
TOTAL FUNDS 11 666,288 587,025
----------------------------------------------- -----------------------------------------------

. Ho

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MELTON LEARNING HUB CASHFLOW STATEMENT AS AT 31 JULY 2022

2021
Note £
CASH FLOWS FROM OPERATING ACTIVITIES 15 117,473
CASH FLOWS FROM INVESTING ACTIVITIES
Payments to acquire tangible fixed assets
7		 (83,212)
Investment income 54
Net cash used in investing activities (83,158)
-----------------------------------------------
Increase/(Decrease) in cash 34,315
-----------------------------------------------
CASH AND CASH EQUIVILENTS AT THE START OF THE YEAR 531,732
CASH AND CASH EQUIVILENTS AT THE END OF THE YEAR 566,047
All cash is cash at bank and in hand

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MELTON LEARNING HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company have been prepared in accordance with the Charities SORP (FRSSE) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) (effective 1 January 2015)', the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life. Rates generally applicable are:

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Pension costs

Contributions to employees' pension schemes are charged to the Statement of Financial Activities in the period to which they relate.

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MELTON LEARNING HUB NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

2. VOLUNTARY INCOME

UNRESTRICTED RESTRICTED 2022 2021
£ £ TOTAL TOTAL
£ £
Barnardos - - -
Berhardi/Dereham Reid Trust - - -
Big Lottery re Engage - 110,827 110,827 114,776
Children in Need - 20,997 20,997 25,782
Leicestershire County Council - 83,324 83,324 74,765
Leicestershire Police - - -
Leics & Rutland Community Foundation - 2,500 2,500 10,500
Lottery fund - - - -
Mason - - - -
Melton & Belvoir Rotary - - - -
MMBC Lottery - 3,181 3,181 2,539
Northampton Community Foundation - - - -
Severn Trent - - - -
Shire Grants Funding - - - -
The Y Heritage Fund - - - 14,202
Rausing Trust - - - 74,600
----------------------------------------------- ------------------------------------------------ ------------------------------------------------ ---------------------------------------------
- 220,739 220,379 317,164
==================================== ==================================== ==================================== ====================================

3. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

UNRESTRICTED RESTRICTED 2022 2021
£ £ £ £
Self-generated income - - - -
Fundraising - - - -
Other donations 4,350 - 4,350 2,466
----------------------------------------------- ------------------------------------------------ ------------------------------------------------ ------------------------------------------------
4,350 - 4,350 2,466
==================================== ==================================== ==================================== ====================================

4. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

2022 2021
£ £
Depreciation 29,786 11,239
------------------------------------------------- ------------------------------------------------
29,786 11,239
------------------------------------------------- ------------------------------------------------

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MELTON LEARNING HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

5. STAFF AND VOLUNTEER COSTS AND STAFF NUMBERS

2022 2021
£ £
Salaries and wages 393,348 360,781
Social and security costs 23,488 21,420
Pension contributions 16,258 15,963
Volunteer costs 19,081 9,885
---------------------------------------------- ------------------------------------------------
452,175 408,049
==================================== ====================================

There was an average of 18 employees during the year ended 31 July 2022 (2021 - 18). No employees were paid at an annual rate of £60,000 or more. Director's remuneration is disclosed in note 4. Pension contributions are in respect of defined contributions to employees’ pension schemes. No contributions were outstanding at the balance sheet date.

6. INDEPENDENT EXAMINER'S FEES

2022 2021
£ £
Accountancy services 2,208 2,016

7. TANGIBLE FIXED ASSETS For use by the charity

COST
At 1 August 2021
Additions
On disposals
At 31 July 2022
DEPRECIATION
At 1 August 2021
Charge for the period
On disposals
At 31 July 2022
NET BOOK VALVE
At 31 July 2022
At 31 July 2021		 MOTOR
VEHICLES
FIXTURES,
FITTINGS &
EQUIPMENT
TOTAL
£
£
£
52,637
27,528
80,165
81,861
1,352
83,212
-
-
-
134,498
28,880
163,377
30,734
16,489
47,223
25,941
3,845
29,786
-
-
-
56,675
20,334
77,009
77,823
8,546
86,368
21,903
11,039
32,942

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MELTON LEARNING HUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

8. DEBTORS

2022 2021
£ £
Trade debtors 10,440 18,568
Prepayments and accrued 6,483 6,293
------------------------------------------------ -----------------------------------------------
16,923 24,861
==================================== ====================================

9. CREDITORS

2022 2021
£ £
Trade creditors 934 495
Accruals 2,117 2,016
------------------------------------------------ -----------------------------------------------
3,051 2,511
==================================== ====================================

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS

GENERAL RESTRICTED TOTAL FUNDS TOTAL FUNDS
FUNDS FUNDS 2022 2021
£ £ £ £
Tangible fixed assets 86,639 - 86,639 32,387
Current assets 535,332 47,638 582,970 436,857
Current liabilities (3,051) - (3,051) (3,095)
------------------------------------------------ ----------------------------------------------- ------------------------------------------------ -----------------------------------------------
Net assets at 31 July 2022 618,650 47,638 666,288 466,149
==================================== ==================================== ==================================== ====================================

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MELTON LEARNING HUB NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

11. MOVEMENTS IN FUNDS

MOVEMENTS IN FUNDS
AT 31 JULY INCOMING OUTGOING FUND AT 31 JULY
2021 RESOURCES RESOURCES TRANSFERS 2022
£ £ £ £ £
RESTRICTED FUNDS
Berhardi/Dereham Reid
Trust 10,000 - (800) - 9,200
Big lottery 18,640 110,827 (114,115) - 15,352
Children in need 13,366 20,997 (34,363) - -
Leicestershire county
council 7,561 83,234 (69,987) - 20,898
Leics & Rutland community
foundation 1,893 2,500 (2,382) - 2,011
MMBC Lottery 123 3,181 (3,127) - 177
Rausing trust 38,504 - (38,504) - -
The Y heritage funding 5,408 - (5,408) - -
------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ -----------------------------------------------
Total restricted funds 95,495 220,739 (268,596) - 47,638
------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ -----------------------------------------------
UNRESTRICTED FUNDS
Operating funds 491,530 481,896 (354,776) - 618,650
------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ -----------------------------------------------
Total unrestricted funds 491,530 481,896 (354,776) - 618,650
Total Funds 587,025 702,635 (623,372) - 666,288

12. TAXATION

As a charity, Melton Learning Hub is exempt from tax on income and gains to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

13. TRUSTEES' EXPENSES, REMUNERATION AND BENEFITS

There were no trustees expenses or other benefits during the year ended 31 July 2022 or during the year ended 31 July 2021

14. RELATED PARTY DISCLOSURE

There were no related party transaction for the years ending 31 July 2022 and 31 July 2021

15. CASHFLOW FROM OPERATING ACTIVITIES

CASHFLOW FROM OPERATING ACTIVITIES
2022
£
Surplus for the year 79,263
Investment income (54)
Depreciation 29,786
(increase)/Decrease in debtor 7,938
Increase/(Decrease) in creditors 540
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117,473
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