**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: 

- a) To act as a resource for young people up to the age of 25 living in Melton Borough and the surrounding area, by providing advice and assistance and organising programmes of physical, educational and other activities as a means of: 

   - i. advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals 

   - ii. advancing the education of young people; 

   - iii. relieving unemployment 

- b) To help young people, especially but not exclusively, through leisure time activities, so as to develop their capabilities so that they may grow to full maturity as individuals and members of society; 

- c) To promote social inclusion for the public benefit in Melton Borough and surrounding areas by preventing people from becoming socially excluded and assisting them to integrate into society. 

- d) To develop the capacity and skills of people who are socially excluded in Melton Borough and surrounding areas in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society. 

## **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 

**-1-** 



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


**-2-** 



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


## **Preparation for life and work** 


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


## **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 

**-3-** 



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


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 

**-4-** 



**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 

**-5-** 



**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** 

**-6-** 



**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: 

- a) Accounting records were not kept in the respect of the Charitable Company as required by section 386 of the 2006 Act; or 

- b) The accounts do not accord with those records; or 

- c) The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 

- d) The accounts have been prepared in accordance with the methods and principle of the statement of recommended practice for accounting and reporting charities. 

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 

**-7-** 



## **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**|
|||**=**=**=====================**=**==============**|**=**=**=================**=**==================**==|**=**=**=================**=**================**|**=====**=**==============**=**===============**|



**-8-** 



**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: 

- Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 

- of the Companies Act 2006. 

• 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 

**-9-** 



**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|
|||-------------**-**---**-**------------------**-**----------||--**-**--------------**-**------------------**-**----------|



**-10-** 



**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<br>-----------------------------**-**---**-**--------------||
|||**-**----------------------------------**-**------------||||
|**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 

**-11-** 



**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|<br>**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|||||



**-12-** 



**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: 

- Fixtures, fittings and equipment - 12.5% per annum reducing balance 

- Motor vehicles - 25% per annum reducing balance 

- Shed - 25% per annum reducing balance 

## **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. 

-13- 



## **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** 

- This is stated after charging/ (crediting): 

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



**-14-** 



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



**-15-** 



## **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|
||**=**=**=================**=**================**|**=**=**==================**=**===============**|**==**=**================**=**================**|**=**=**=================**=**================**|



**-16-** 



## **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|
||-----------|
||117,473|
||-----------|



**-17-**