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2022-03-31-accounts

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Charity Registration No. 1140710

Company No. 07409088

The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Contents Page
Legal and administrative information 2
Report of the trustees 3
Report of the independent examiner 14
Statement of financial activities (SoFA) 15
Balance sheet 16
Notes forming part of the financial statements 17-21

1

The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Board of Trustees presents its report and the independently examined financial statements for year ended 31 March 2022

LEGAL AND ADMINISTRATIVE INFORMATION

Charity Name: THE CENTRE PROJECT LIMITED Charity Registration Number: 1140710 Company Registration Number: 07409088 Board of Trustees: Rev. Craig Sweeney-Essex Mr A. Oppon (Treasurer) Dr R.I. Norman Mrs R. Nelson Mrs V. Frimpong Mr M. Gage (Chair)

Company Secretary and Chief Executive: Mr E. Waweru

Registered Office and Operational 1 Alfred Place Address: Leicester LE1 1EB Bankers: Bank of Scotland Pentland House 8 Lochside Avenue Edinburgh Park, South Gale, Edinburgh EH12 9DJ Cooperative Bank P O Box 250 Delf House Southway, Skelmersdale WN8 6WT Independent Examiner: Mr Hamid Ravat Chartered Accountant (ICAEW)

2

The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The trustees present their annual report together with the financial statements of the Centre Project Limited for the year ended 31 March 2022. The trustees confirm that the annual report and the financial statements of the charity comply with the current statutory requirements and the financial statements have been prepared in accordance with the accounting policies set out on page 17.

1. About Us

The Centre Project is a registered charity (No. 1140710) that has been in operation since February 1996. Our mission is to support and encourage lonely and socially isolated people in Leicester through the provision of holistic services which enhance their quality of life, reduce isolation and promote wellbeing.

It was incorporated on 15/10/2010 under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association.

2. STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The board members elect one of their members to be Chair.

The role of Company Secretary is performed by the Chief Executive who has no voting rights.

Full Board meetings are held at least 6 times per year to make decisions, set policy, and direct management. Day to day responsibility for the management and provision of services is delegated to the Chief Executive with further delegation to managers for services, resources, administration and finance.

Recruitment and Appointment of Trustees

The Trustees are the Directors of the company for the purpose of company law. In line with the Articles of Association the company may by ordinary resolution at an annual general meeting appoint a person who is willing to act to be a Director. Additionally, a person may become a Trustee at the invitation of a majority of existing Trustees. A Director appointed by a resolution of the other Directors must retire at the next AGM but can stand for election.

Trustee induction and training

Existing Trustees are familiar with the practical work of the Charity and are encouraged to attend meetings, training and events.

New Trustees are provided with an induction pack containing relevant information covering the areas of roles and obligations; operational framework for the charity including the Memorandum and Articles of Association; resource related information and the current financial position as detailed in the latest set of accounts; and future plans and objectives.

Trustees are drawn from an appropriate range of professional and technical skills and reflect the composition of the community within which we operate.

Risk Management

The material, financial and non-financial risks that the Charity is exposed to have been identified and the risk register is updated annually. An action plan is in place to regularly review and update those items considered to be High risk.

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

3. OBJECTIVES AND ACTIVITIES

The objects of the Company are such activities as shall be exclusively charitable to the benefit of the community in Leicester as the directors shall from time to time determine.

The charity aims:

We aim to support individuals to address issues that impact on their health and wellbeing including;

People are supported at a time of crisis or critical moment through our drop-in access model, no appointments needed.

We enable people to develop improved support networks and build resilience and determination.

Public Benefit Statement

The Board of Trustees can confirm that it has regard for the Charity Commission’s guidance on public benefit and that its work is reflective of this. The Charity’s services were centrally based and all services were open and freely accessible to all mainly via drop-in or by telephone.

Our main activities and beneficiaries are described in this annual report. All our charitable work is undertaken to further our charitable purposes for the public benefit. Our work is supported by appropriate policies, procedures, guidelines and governance documentation.

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REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited

Annual review

Our beneficiaries

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Ethnicity
White
Other
13%
Mixed
Heritage
6%
White
British
55% Asian
10%
Black
16%
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Tenure Type Household
600
Other
500
Family/Friends
400
Homeless/No fixed abode(NFA)
300
Owner/Occupier
200
Private Tenancy
100
Housing Association Tenancy
0
LCC tenancy
Living alone
Hostel/Supported Housing
Living with partner
- 10 20 30 40 50 60 70 80 90 Single parent
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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
45-54 55-64
23% 18%
AGE Profile
65-74
6%
75+
2%
16-24
5%
35-44 25-34
30% 16%
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Disability

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700
600
500
400
300
200
100
-
Disabled Not Disabled
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Projects and Activities

Our key projects and activities for the year were as follows:

Food Bank

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Vouchers fullfilled Total weight of food
3,244 provided 35,802 kgs
Total no. of people fed Children fed
Adults fed 3,967
4,587 620
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The Foodbank operates every Monday morning 10:00am – 1:00pm. We partner with Leicester South Foodbank (part of the Trussel Trust) who provide most of the food parcels. We saw an average of 80 people every week. Total people fed was 4% higher compared to the previous year. Our food bank presents an opportunity to talk to people about additional support needs to help reduce dependency on food banks.

Food bank users have multiple challenges, including debt, ill-health, relationship breakdown, mental health problems, gambling, substance abuse, benefits stopped or reduced because of a sanction.

In addition to getting a food parcel, people are also able to have a cup of tea and chat with our volunteers from Central Baptist Church, Leicester.

Mental health & emotional support

About 70% of people coming to the Centre Project have a mental health need and often want someone to talk to. Our activities to promote mental wellbeing are organised around the ‘5 ways to wellbeing’ – Connecting, Being Active, Taking Notice, Learning and Giving. The group members contribute to the themes and activities.

Activities and sessions No. attending
Cooking sessions 24
A moment for me - mindfulness, relaxation and aromatherapy 15
Look good feel good sessions- haircuts, pampering, manicures 40

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REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited

Sense and savour walk - walking in nature 12
Arm chair exercises 20
'Are you well' phone calls 200
Drop-in: emotional support 179

“1 enjoy wellbeing sessions especially art. They helped me to stay focused and calm. Such a dedicated team who genuinely help and care about you”

“I never let anyone touch my hair, I’ve had a bad experience before so am not bothered with getting my hair done. Today I had a good connection with staff at the salon, got a trim and I am going back for a colour. I feel uplifted” – client attending a look good feel good session.

Community Hub.

Social support is not only about providing an individual with practical assistance, but also consists of interactions and relationships that are felt to be caring, comforting and readily available in times of crisis. We have an open access model, people can come and go as they like, without needing a referral. The sessions promote;

•
increased confidence and ability to engage in new community activities
•
increased self-belief and value to society
Activities and sessions No. attending
Summer barbeque 70
Trip to Skegness 50
Birmingham Christmas market 35
Canal boat cruise 13
Coffee mornings 106
Christmas meal 57
Roll Call - Music workshop in collaboration with DMU music department 10
Meaningful activities e.g. art & craft sessions 128
Drop-in: socialising/Peer Interaction 256

“I am glad the staff encouraged to me come for the trip, it was nice seeing the market and getting to know other people”

Health Wellbeing

To promote general health and wellbeing, we started a Self-care initiative, funded by LCCCG, to encourage and assist people to adopt behaviours that improve well-being, preserve health, and delay or prevent people needing more resource intensive care. Key outputs included

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The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Activities and sessions No. attending
Eye tests & free glasses 45
Diabetes prevention checks 21
Healthy eating - Foods to lift your mood 56
Support to contact GP/CPN 15
Stop smoking 20
Covid-19 testing kits distribution 150
Covid-19 vaccine uptake 10

A 63 year old man came to the food bank and was then offered a free eye test. He was found to have very high intraocular pressure (IOP) and was immediately referred to the hospital. He was reluctant to go to the hospital because it meant not having food when he got back home. He was encouraged to attend his appointment and a food parcel was reserved for him and asked to call us anytime. He continues to receive support e.g. to apply medication, to maintain good eye health.

Practical 1-2-1 support, information and sign-posting

We provide practical support and referrals to enable people to deal with a wide range of life experiences such as debt, threatened homelessness, accessing benefits which contribute to poor mental health. Many people seeking help at the Centre Project are at a point of crisis brought about by multiple issues such as poverty, debt, no heating, no phone credit or mobile data, long-term unemployment, poor housing and lack of social support. Some of the services included:

Support/service provided No. supported
Housing/tenancy related support 166
Debt/money management 153
Telephone Access 1,020
Internet and computers access 238
Emergency food referrals 53
Access to fuel payments, tariff switching and fuel efficiency options 60
Small grant applications for household items e.g. cooker, washing machine 18
Employment support 11
DWP : benefits – application, dealing with sanctions, late payments 37
Bus pass applications 25
Appointments with external agencies (at the Centre Project) 31

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The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The youth club helps prevent isolation and boredom and sustain social networks for young refugees, unaccompanied asylum-seeking young people and new arrivals.

We aim to

Number of young people supported – 96

Number of contacts made with the young people – 1,458

Number of countries/nationalities represented – 15 Average age of young people attending – 17 years Number of new registrations – 58 Average attendance per session - 21

The Freedom Youth Club serves young people from across the city. Current breakdown of members by post code is LE1-27%, LE2-23%, LE3-13%, LE4-17%, LE5-9%, and County 10%.

The Centre Project is City Centre based and accessible to all young people .

Acitivites and projects

The Youth club runs open drop-in sessions on Tuesday and Friday (98 sessions run in the year) Time: 5.00pm – 8.00pm

Activities include: Table Tennis, Pool, Snooker, Table Football, Various indoor sporting activities, cyber café The group sessions included;

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The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Support and information :

The sessions are run and supervised by a qualified Youth Worker supported by a youth support worker and volunteers.

Partnerships

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The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Plans for the future.

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

4. Financial Performance

The charity received income of £ 151,800 (a 4% increase over previous year).

Expenditure of £ 132,492 was incurred during the period.

Total expenditure increased by 12% compared to the previous year.

Total Income

Total Expenditure

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151,800
133,517
2021 2022
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----- Start of picture text -----
132,492
118,802
2021 2022
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Reserves Policy

The Charity’s free reserves level is currently equivalent to 7 months running costs. This will allow the Charity to cover operating costs for administration of the charity and day-to-day running costs; provide against redundancies/winding up costs if a substantial part of the charity is faced with financial loss; and to assist in maintaining cash flow. A review of the policy is undertaken annually within which the Charity’s financial forecast and results of financial performance are considered to ensure that Trustees are satisfied that an adequate level of reserves is maintained without detriment to the objectives of the Charity.

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RESERVES BREAKDOWN
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2021 2022
90,433
77,808
51,704
45,542
15,000 15,000
3,007 3,528
FUNDS
FUNDS GENERAL FUND
RESTRICTED DESIGNATED
FIXED ASSETS
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The Trustees have decided to create a designated fund for building refurbishment. The pandemic highlighted the need to create more spacious and better ventilated community spaces and the designated fund will be used to meet part of the cost of making the building fit for purpose. The bulk of the build costs will be met by fundraising.

Investment Policy

Apart from ensuring that there are sufficient funds to meet the requirements of the Charity’s Reserves Policy most funds received are to be expended in the short term and there is little or no scope for long term investment. The Charity has maximised opportunities to accrue bank interest on account balances and any interest received will be used in the furtherance of the Charity’s work.

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Responsibilities of Trustees

Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the Charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees are required to follow best practice and:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the charity’s assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Board of Trustees who are directors for the purpose of company law are also Trustees for the purpose of charity law.

Audit:

The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

5. INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CENTRE PROJECT.

I report on the accounts of the charity for the year period ended 31 March 2022, which are set out on pages 15 to 21.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiners report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Hamid Ravat BA, ACA 4 Clumber Road, Leicester

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited

Statement of Financial Activities (SoFA)

For the year ended 31 March 2022

Note
Incoming resources
3
Donations and Legacies
Charitable activities
Other income
Total
Resources expended
4
Charitable activities
Other
Total
Net income/(Expenditure)
Transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 General
funds

£
9,663
13,352
-		 Restricted
funds
£
-
128,785
-		 2022
Total
£
9,663
142,137
-		 2021
Total
£
9,604
119,223
4,690
23,015 128,785 151,800 133,517
15,837
495		 116,160
-		 131,997
495		 118,661
141
16,332 116,160 132,492 118,802
6,683 12,625 19,308 14,715
- - - -
6,683 12,625 19,308 14,715
63,629 77,728 141,357 126,642
70,312 90,354 160,665 141,357

All incoming resources and resources expended derive from continuing activities. There are no gains and losses other than those recorded in the Statement of Financial Activities

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The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited Balance sheet as at 31st March 2022

Fixed assets
Note
Tangible assets
7
Current assets
Debtors
8
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
9
Net current assets
Net assets
Funds of the Charity
Restricted funds
10
Unrestricted funds
General
Designated
Fixed Assests
Total unrestricted funds
Total funds		 2022
2021
£
£		 2022
2021
£
£
3,528 3,007
5,706 979
166,829 156,368
172,535 157,347
(15,398) (18,997)
157,137 138,350
160,665 141,357
90,433 77,729
51,704 45,621
15,000 15,000
3,528 3,007
70,232 63,628
160,665 141,357
Approved by the Management Committe and is signed on its behalf by:
Mr. Martin Gage
Mr. Adrian Oppon
Chairperson
Treasurer

16

The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Notes to the accounts for the year ended 31 March 2022

Note 1: Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost in accordance with:

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

1.4 Fund Accounting

Unrestricted Funds These are funds available for general use for any or all of the charity's permitted activities. These are funds that can only be expended in accordance with specific restrictions. These Restricted Funds arise either by the wishes of the donor or by the nature of the appeal.

Note 2 : Accounting policies

INCOMING RESOURCES
Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources ·the charity becomes entitled to the resources;
·the trustees are virtually certain they will receive the resources; and
·the monetary value can be measured with sufficient reliability.
Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract
related expenditure income) the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional
entitlement to the resources.
Donated services and These are only included in incoming resources (with an equivalent amount in resources
facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and
material_._The value placed on these resources is the estimated value to the charity of the
service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.
Investment income This is included in the accounts when receivable.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Depreciation Depreciation is provided on all tangible fixed assets at the rates calculated to write off the
cost of each asset over its estimated useful life. Kitchen equipment 10%, Furnishing, Fittings
and Equipment 15% and Office Equipment - 25%
ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least £1,000.
use by charity However, amounts less than these maybe capitalised if required as a condition of restricted
funds. They are valued at cost or a reasonable value on receipt.

17

The Centre Project Limited REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

Note 3 : Analysis of incoming resources

General
Restricted
Donations and Grants
£
£
Donations
9,663 -
Total 9,663 -
Charitable Activities
Grants for Charitable Activities
11,406
128,785
Centre Activities
449 -
CommunityOpportunities
1,497 -
Total 13,352 128,785
Other income
Other
- -
Total - -		 General
Restricted
Donations and Grants
£
£
Donations
9,663 -
Total 9,663 -
Charitable Activities
Grants for Charitable Activities
11,406
128,785
Centre Activities
449 -
CommunityOpportunities
1,497 -
Total 13,352 128,785
Other income
Other
- -
Total - -		 General
Restricted
Donations and Grants
£
£
Donations
9,663 -
Total 9,663 -
Charitable Activities
Grants for Charitable Activities
11,406
128,785
Centre Activities
449 -
CommunityOpportunities
1,497 -
Total 13,352 128,785
Other income
Other
- -
Total - -		 General
Restricted
Donations and Grants
£
£
Donations
9,663 -
Total 9,663 -
Charitable Activities
Grants for Charitable Activities
11,406
128,785
Centre Activities
449 -
CommunityOpportunities
1,497 -
Total 13,352 128,785
Other income
Other
- -
Total - -		 2022
2021
£
£		 2022
2021
£
£
Donations 9,663 - 9,663 9,604
**Total ** 9,663 - 9,663 9,604
Grants for Charitable Activities 11,406 128,785 140,191 118,783
Centre Activities 449 - 449 180
CommunityOpportunities 1,497 - 1,497 260
**Total ** 13,352 128,785 142,137 119,223
Other - - - 4,690
**Total ** - - - 4,690
Grants receivable
Arnold Clark Foundation
B&Q Foundation
BBC Children in Need
Church Urban Fund 2
CLG Homelessness Grant
Community Foundation LLR
Covid-safe Communities Fund
DWP KickStart Scheme
Edward Gostling Foundation
George Ernest Ellis Foundation
Groundwork UK
LCC Castle Ward Fund
LCC Youth Services
Leicester City CCG
National Lottery
Other grants
Sporting Equals
The Barrow Cadbury Trust
Western Power Distribution
TOTAL		 2022
2021
2,500

-
5,000
-
10,000
10,000
2,500
1,500
24,500
24,500
-
6,000
5,000
1,050
10,797
921
-
2,000
-
1,500
2,000
2,000
3,750
3,275
10,000
10,000
53,488
5,000
-
25,988
3,905
14,279
1,001
-
-
10,770
5,750
-
140,191
118,783

18

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited

Note 4: Total resources expended

Charitable activities (exp.)
Costs directly allocated to activities
Kitchen costs
Activities & events
Support costs
Staff Costs
Training
Travel & Parking
Volunteer expenses
Insurance
Premises costs		 General
Restricted
2022
2021
£
£
£
£
-
-
-
-
594
3,556
4,150
10,299
594
3,556
4,150
10,299
10,019
96,512
106,531
84,750
215
1,503
1,718
180
211
1,500
1,711
1,625
106
369
475
168
51
950
1,001
1,019
2,319
7,886
10,205
15,201
General office & finance 1,733
3,400
5,133
4,133
Publicity and promotion
Bank charges
Other fees
Total
Total expenditure for charitable activities
Other resources expended
Depreciation
TOTAL		 157
-
157
322
32
-
32
32
400
484
884
933
15,243
112,604
127,847
108,362
15,837
116,160
131,997
118,661
495
-
495
141
16,332
116,160
132,492
118,802

19

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

The Centre Project Limited

Note 5: Trustee Remuneration & Related Party Transactions

No trustees or directors received any remuneration during the year. No trustee or member of the charity had any personal interest in any contract or transaction entered into by the charity during the period

During the year, the charity paid £5,736 (2021: £5,736) to Central Baptist Church for utilities and cleaning charges. The charity does not pay for use of church premises. The Church is connected to the charity and has significant influence over the charity as most board members are also members of the Central Baptist Church, Leicester.

Note 6: Staff costs and numbers

6.1 Staff Costs

Gross wages, salaries
Employer’s National Insurance costs
Pension costs
Total staff costs		 2022
£		 2021
£
99,473 79,010
2,761 1,760
4,297 3,981
106,531 84,750

6.2 Average number of employees in the year

Charitable activities
Executive staff
Total		 2022
Number		 2021
Number
6
 6
1
 1

7
 7

Note 7: Tangible fixed assets

7.1 Cost or valuation

Balance brought forward
Additions
Disposals on revaluation
Balance carried forward
7.2 Accumulated depreciation
Rate
Balance brought forward
Disposal
Depreciation charge for year
Balance carried forward
7.3 Net book value
Brought forward - 01/04/2021
Carried forward - 31/03/2022		 Kitchen
£		 Fixtures,
fittings and
equipment
£		 Office
equipment
£		 Total
£
20,866 34,008 6,648 61,522
1,016 1,016
- (7,962) - (7,962)
20,866 26,046 7,664 54,576
and impairmentprovisions

10%
15%
25%
19,411 32,826 6,277 58,515
- (7,962) - (7,962)
149 211 135 495
19,560 25,076 6,412 51,048
1,455 1,180 371 3,007
1,306 970 1,252 3,529

20

The Centre Project Limited

REPORT OF THE BOARD OF TRUSTEES FOR YEAR ENDED 31 MARCH 2022

Note 8: Debtors

Note 8: Debtors
Accrued income
Debtors
Recoverable Gift Aid
Prepayments
Total		 2022
£		 2021
£
-
3,910
1,796
-		 -
979
-
-
5,706
 979
Note 9: Creditors (Amounts falling due Note 9: Creditors (Amounts falling due within oneyear) within oneyear)
2022 2021
£ £
Accruals (14,120) (11,878)
Other creditors (1,278) (7,119)
Total (15,398)
 (18,997)

Note 10: Movements of funds

Balance at 1 April 2021
Incoming resources
Outgoing resources
Transfer between funds
Balance at 31 March 2022		 General
Funds
Designated
Fund
Restricted
Funds
Total
Funds
48,549
15,000
77,809
141,358
23,015
-
128,786
151,801
(16,332)
-
(116,162)
(132,494)
-
-
-
-
55,232
15,000
90,433
160,665

The Trustees have created a designated fund to cover capital building expenses and refurbishment.

21