REGISTERED COMPANY NUMBER: 07359156 (England and Wales) REGISTERED CHARITY NUMBER: 1142232
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2022
FOR
CEIA
(A COMPANY LIMITED BY GUARANTEE)
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
CEIA
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31st August 2022
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 16 |
| Detailed Statement of Financial Activities | 17 |
CEIA
REFERENCE AND ADMINISTRATIVE DETAILS for the Year Ended 31st August 2022
TRUSTEES Ms T Arshad Mrs S Begum Ms E Owen Mrs A S Raja Ms R Rashid REGISTERED OFFICE 29 Vineyard Road Wellington Telford Shropshire TF1 1HB REGISTERED COMPANY 07359156 (England and Wales) NUMBER REGISTERED CHARITY 1142232 NUMBER INDEPENDENT EXAMINER D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB BANKERS HSBC 16 Sherwood Square Telford Shopping Centre Telford Shropshire TF3 4BW
Page 1
CEIA
REPORT OF THE TRUSTEES for the Year Ended 31st August 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 31st August 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charitable objects of CEIA are specifically restricted to the following:
To promote the benefit of ethnic minority citizens in the United Kingdom and in particular but not exclusively in the County of Shropshire by:
a) the advancement of education and training;
b) the relief of financial hardship;
c) the promotion of good health; and
d) the relief of unemployment.
The trustees confirm that, in exercising their powers and duties, they have complied with their duty to have due regards to the guidance on public benefit published by the Charity Commission. The charity provides a public benefit through the achievement of its objectives.
Volunteers
A majority of CEIA`s services and projects are managed and delivered by a team of dedicated and committed volunteers and community champions. CEIA recruits and provides training to residents and/or service users as part of its "Community Champions" initiative. This enables CEIA to deliver projects at grassroot level at a minimal cost and increases the probabilities of making projects more sustainable and community led. This year CEIA has successfully recruited several individuals from the Black African Community and the Slovakian Community to assist with the delivery of targeted services. CEIA will continue to invest time, money and resources to support the recruitment, selection, retention and development of volunteers and community champions. CEIA will continue to welcome the involvement of new and existing volunteers as their input allows us to provide more and better services to the communities that we serve.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
It has been a very exciting but challenging year for CEIA. During this year, CEIA has faced several challenges due to a period of unrelenting changes subject to external factors, such as the pandemic, food crises, financial crises and soaring energy cost. A combination of external factors, has seen a dramatic increase in the demand for CEIA`s services and projects. To protect and provide a seamless service to our beneficiaries, CEIA designed, developed and delivered several short-term projects and services to meet the needs of Black, Asian and Minority Ethnic communities. CEIA has successfully delivered a number of new innovated projects and services as well as built upon existing services to make services more resilient to economical, ethical and social factors. CEIA is committed to developing innovative ways of working and will continue to build upon existing services.
CEIA is currently in the process of developing its digital transformation programme to enable more effective engagement with beneficiaries as well as to ensure that services are reaching out to the most vulnerable and is accessible by the minority whilst keeping cost down.
Page 2
CEIA
REPORT OF THE TRUSTEES for the Year Ended 31st August 2022
Projects and Services
The National Lottery Community Fund (RC Midlands Region) - Wellington Fusion Projects. CEIA was awarded funding from The National Lottery Community Fund (RC Midlands Region) to deliver a unique blend of six services to help communities in Wellington (Telford) to rebuild their lives and thrive. Each service is specifically targeted at young people, youths, women and men from Black, Asian and Minority Ethnic communities. Services consist of a mens cricket project, youth projects, woman wellbeing support network, mens volleyball project, mens health and wellbeing support network and a womans swimming project. Through these projects, we aim to build the self-confidence of individuals, especially young people and women from deprived communities, by providing participants with positive activities to engage in, providing advice and support (developing a support network), and creating and opening several pathways to enable participants to engage with other service providers. These projects are currently being delivered in Wellington, Telford.
Telford and Wrekin Council and The Department for Education - Happy Healthy Active Holiday Summer Play Scheme Grant 2021 to 2022 . CEIA was awarded funding from Telford and Wrekin Council and the Department for Education to deliver the Happy Healthy and Active Holiday Programme at the Arleston Community Centre during Easter, Summer and Christmas. CEIA provided 40 free holiday provisions, including healthy food and enriching activities for children in the Wellington area, namely, the College Ward and Arleston Ward to engage in. During the project, CEIA provided a safe and secure environment where children and young people came together to interact with one another, build their confidence, and skills, socialise and thrive. The project was aimed at children between the age of 5 to 16 years old, who received benefits-related free school meals. The project has been a huge success in Wellington. CEIA has been awarded fur ther funding to deliver the HHAH project in 2023.
Telford and Wrekin Health Inequality Grant. CEIA was awarded funding from Telford and Wrekin Council under the Health Inequalities grant funding scheme to deliver six training programmes and to deliver seven short term projects. The aim of the project and training was to tackle inequalities in Black and Asian communities. Through this service we have been able to work with local individuals to identify the greatest health inequalities within the community, develop meaningful relationships in order to raise awareness of health and wellbeing issues; empower and engage people to take the first steps to become more active and healthier through community action and build sustainable services which are community led. Through this services we have also been able to train local individuals to become walk leaders, community champions, in addition to providing various training courses, such as Level 2 Fitness Instructor, Making Every Contact Count (MECC) to equip community champions with the skills and knowledge to be able to provide advice and support to community members, in various community languages and at grassroot level.
Councillors Pride Fund - Blackpool Trip. CEIA was awarded funding from The Councillors Pride Fund to assist with part-funding a community trip to Blackpool. During the summer of 2022, CEIA organised a community trip to Blackpool to build community cohesion and community engagement, especially amongst Black Asian Minority and Ethnic (BAME) communities. The trip was very popular amongst Black Asian Minority and Ethnic (BAME) community. Next summer CEIA hopes to be able to have enough funding in place to be able to provide a variety of family days out, as such small initiative s have a very lasting impact on the individual and the community.
Partnerships (external partners, agencies and community groups)
CEIA has continued to develop its external partnerships across the board with influential organisations during this financial year, to assist with building community capacity and empower communities to become more resilient to external factors. CEIA has provided several community groups and small constitutions support and assistance in developing key services in different community languages, to enable them to provide direct services and support to minority groups. We will continue to build upon these partnerships next year and explore and build new partnerships to assist with building our referral and signposting pathways.
Page 3
CEIA
REPORT OF THE TRUSTEES for the Year Ended 31st August 2022
ACHIEVEMENT AND PERFORMANCE
Fundraising activities
During the previous financial year, CEIA had obtained two key funds from leading funders, namely, The National Lottery Community Fund and Telford and Wrekin Council to deliver sustainable services and projects for 2 to 3 years. This financial year we have continued to deliver these projects and services and build our reputation and relationships with our beneficiaries and partners. In addition to this we have obtained serval smaller grants to deliver services and projects to tackle and respond to external factors, such as the food crises, financial crises and soring energy cost. Due to current economical uncertainty, funding for the charity for the foreseeable future will remain a challenge. Nevertheless, CEIA will continue to utilise our resources and continue to apply for funding to respond to economical change and continue to develop our fundraising strategic plan for the next five years. In addition to this we will continue to invest in the training, development and retention of our bank of volunteers and community champions, who subsequently play a key role in the day to day running of the charity and the delivery of our community-based services and projects.
FINANCIAL REVIEW
Financial position
The Directors are pleased with the performance of the charity for this financial year when set against the difficulties the charity sector has faced in the recent economic environment that continued to adversely impact many of the potential donor sources. Through prudent financial management, CEIA has been able to build essential reserves to commit to project expenditure. Nevertheless, securing funds for new innovated projects still remains a priority for CEIA to ensure a robust financial base for CEIA in future years and to ensure that we are able to effectively engage with beneficiaries
Reserves policy
CEIA`s reserve policy is to maintain sufficient level of reserves to enable operating activities to be maintained, taking account of potential risks and contingencies that may arise from time to time. The trustees review the policy annually.
CEIA endeavours to build reserves in unrestricted funds that will permit it to operate effectively whilst affording a reasonable level of cover against potential risks and future uncertainties.
Specifically, CEIA seeks to achieve a level of reserves that will:
a) permit CEIA to fund operating costs and to maintain key activities in the short term in the event of temporary shortfalls of income;
b) provide for an orderly winding-down of operations in the event of significant adverse event that it outside the control of the charity;
c) enable CEIA to act upon opportunities that may arise from time to time.
CEIA has £1,142 reserves, to cover general operating cost, day to day administration cost, volunteer expenses, volunteer training and insurance; to meet its charitable objectives.
The Trustees accordingly have set a target reserve level of future (three to six months) operating costs.
FUTURE PLANS
The future prospect of the charity remains positive, regardless of the challenges that were faced by the charity this financial year. CEIA has developed a number of key services and projects which are now being managed and delivered by community champions, which subsequently has reduced the reliance on CEIA`s funds.
CEIA has successfully secured two major funds, namely, The National Lottery Community Fund and funding from Telford and Wrekin Council and the Department for Education which subsequently will play a key role in meeting the objects of the charity for the next financial year. CEIA internal infrastructure has been further strengthen by an upgraded IT system and the development of our digital transformation program. For 2023-2024 CEIA will continue to attract funding for existing projects and to develop new innovated services and projects to meet the diverse needs of Black Asian Minority and Ethnic (BAME) communities.
Page 4
CEIA
REPORT OF THE TRUSTEES
for the Year Ended 31st August 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
CEIA, a Company Limited by Guarantee, was incorporated on 27th August 2010 and is governed by its Memorandum and Articles of Association. The company was registered as a charity in England and Wales on 3rd June 2011.
Trustees are also directors of the company. The directors may appoint a person who is willing to act to be a director. The charity may by ordinary resolution appoint a person who is willing to act to be a director. Further details are contained within Paragraph 20 of the Company`s Articles. Recommendation is guided by the desired skills and other requirements of the composition of the Board.
Approved by order of the board of trustees on 28th May 2023 and signed on its behalf by:
Mrs A S Raja - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CEIA
Independent examiner's report to the trustees of Ceia ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2022.
Responsibilities and basis of report
As the charity's trustees of the 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 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
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
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
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Russell Ball
D E Ball & Co Limited Chartered Accountants 15 Bridge Road Wellington Telford Shropshire TF1 1EB
28th May 2023
Page 6
CEIA
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st August 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies (27) EXPENDITURE ON Charitable activities Promoting the benefits of ethnic minority citizens 2,533 NET INCOME/(EXPENDITURE) (2,560) Transfers between funds 8 2,575 Net movement in funds 15 RECONCILIATION OF FUNDS Total funds brought forward 1,127 TOTAL FUNDS CARRIED FORWARD 1,142 |
Restricted funds £ 90,571 82,366 8,205 (2,575) 5,630 35,987 41,617 |
31.8.22 Total funds £ 90,544 84,899 5,645 - 5,645 37,114 42,759 |
31.8.21 Total funds £ 101,312 |
|---|---|---|---|
| 66,363 | |||
| 34,949 - |
|||
| 34,949 2,165 |
|||
| 37,114 |
The notes form part of these financial statements
Page 7
CEIA
BALANCE SHEET
31st August 2022
| 31.8.22 | 31.8.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| CURRENT ASSETS | ||||||
| Debtors | 5 | - | 1,000 | 1,000 | - | |
| Cash at bank | 1,142 | 41,617 | 42,759 | 37,412 | ||
| 1,142 | 42,617 | 43,759 | 37,412 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | - | (1,000) | (1,000) | (298) | |
| NET CURRENT ASSETS | 1,142 | 41,617 | 42,759 | 37,114 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 1,142 | 41,617 | 42,759 | 37,114 | ||
| NET ASSETS | 1,142 | 41,617 | 42,759 | 37,114 | ||
| FUNDS | 8 | |||||
| Unrestricted funds | 1,142 | 1,127 | ||||
| Restricted funds | 41,617 | 35,987 | ||||
| TOTAL FUNDS | 42,759 | 37,114 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) 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 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28th May 2023 and were signed on its behalf by:
A S Raja - Trustee
The notes form part of these financial statements
Page 8
CEIA
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31st August 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st August 2022 nor for the year ended 31st August 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st August 2022 nor for the year ended 31st August 2021.
3. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.8.22 | 31.8.21 | |
|---|---|---|
| Charitable activities | 2 | 2 |
No employees received emoluments in excess of £60,000.
continued...
Page 9
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 15,530 | 85,782 | 101,312 | ||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Promoting the benefits of ethnic minority | |||||
| citizens | 15,712 | 50,651 | 66,363 | ||
| NET INCOME/(EXPENDITURE) | (182) | 35,131 | 34,949 | ||
| Transfers between funds | (1) | 1 | - | ||
| Net movement in funds | (183) | 35,132 | 34,949 | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 1,310 | 855 | 2,165 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,127 | 35,987 | 37,114 | ||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.8.22 | 31.8.21 | ||||
| £ | £ | ||||
| Prepayments | 1,000 | - | |||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.8.22 | 31.8.21 | ||||
| £ | £ | ||||
| Bank loans and overdrafts (see note 7) | 1,000 | - | |||
| Accrued expenses | - | 298 | |||
| 1,000 | 298 | ||||
| 7. | LOANS | ||||
| An analysis of the maturity of loans is given below: | |||||
| 31.8.22 | 31.8.21 | ||||
| £ | £ | ||||
| Amounts falling due within one year on demand: | |||||
| Bank overdrafts | 1,000 | - |
continued...
Page 10
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
8. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.9.21 | in funds | funds | 31.8.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,127 | (2,560) | 2,575 | 1,142 |
| Restricted funds | ||||
| The National Lottery Community Fund | ||||
| WFP - 1st | 925 | - | (925) | - |
| The National Lottery Community Fund | ||||
| WFP - 2nd | 25,072 | - | (25,072) | - |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2021 | 9,123 | (7,770) | (1,353) | - |
| General fund | 855 | - | - | 855 |
| The National Lottery Community Fund | ||||
| WFP | 12 | 2,878 | 25,997 | 28,887 |
| HMRC Maternity Pay | - | 5,710 | - | 5,710 |
| Telford & Wrekin HHAH Easter project | ||||
| 2022 | - | 3,950 | (170) | 3,780 |
| Telford & Wrekin Health Inequities Grant | - | 2,808 | (423) | 2,385 |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2022 | - | 629 | (629) | - |
| 35,987 | 8,205 | (2,575) | 41,617 | |
| TOTAL FUNDS | 37,114 | 5,645 | - | 42,759 |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | (27) | (2,533) | (2,560) | |
| Restricted funds | ||||
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2021 | 2,976 | (10,746) | (7,770) | |
| Councillors Pride Fund (Blackpool Trip) | 1,000 | (1,000) | - | |
| The National Lottery Community Fund | ||||
| WFP | 57,979 | (55,101) | 2,878 | |
| HMRC Maternity Pay | 8,480 | (2,770) | 5,710 | |
| Telford & Wrekin HHAH Easter project | ||||
| 2022 | 3,166 | 784 | 3,950 | |
| Telford & Wrekin Health Inequities Grant | 4,304 | (1,496) | 2,808 | |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2022 | 12,666 | (12,037) | 629 | |
| 90,571 | (82,366) | 8,205 | ||
| TOTAL FUNDS | 90,544 | (84,899) | 5,645 |
continued...
Page 11
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.9.20 | in funds | funds | 31.8.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,310 | (366) | 183 | 1,127 |
| Community Foundation for Staffordshire & | ||||
| CO OP (Christmas Hampers) | - | 173 | (173) | - |
| Community Foundation for Staffordshire & | ||||
| NET (Easter Hampers) | - | 11 | (11) | - |
| 1,310 | (182) | (1) | 1,127 | |
| Restricted funds | ||||
| Aap Ka Saath - Coronavirus Support Fund | ||||
| - The National Lottery Community Fund | - | (1) | 1 | - |
| The National Lottery Community Fund | ||||
| WFP - 1st | - | 925 | - | 925 |
| The National Lottery Community Fund | ||||
| WFP - 2nd | - | 25,072 | - | 25,072 |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2021 | - | 9,123 | - | 9,123 |
| Councillors Pride Fund (Blackpool Trip) | - | 400 | (400) | - |
| Arleston Community Centre - Covid | ||||
| Recovery Fund (Blackpool trip) | - | (400) | 400 | - |
| General fund | 855 | - | - | 855 |
| The National Lottery Community Fund | ||||
| WFP | - | 12 | - | 12 |
| 855 | 35,131 | 1 | 35,987 | |
| TOTAL FUNDS | 2,165 | 34,949 | - | 37,114 |
continued...
Page 12
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Community Foundation for Staffordshire & NET (Educational Programme) Community Foundation for Staffordshire & CO OP (Christmas Hampers) Community Foundation for Staffordshire & NET (Easter Hampers) Restricted funds Aap Ka Saath - Coronavirus Support Fund - The National Lottery Community Fund The National Lottery Community Fund WFP - 1st The National Lottery Community Fund WFP - 2nd Telford & Wrekin Council HHAH Summer play scheme 2021 Councillors Pride Fund (Blackpool Trip) Arleston Community Centre - Covid Recovery Fund (Blackpool trip) The National Lottery Community Fund WFP TOTAL FUNDS |
Incoming resources £ - 10,572 1,000 3,958 15,530 41,599 2,421 28,789 12,311 400 250 12 85,782 101,312 |
Resources Movement expended in funds £ £ (366) (366) (10,572) - (827) 173 (3,947) 11 (15,712) (182) (41,600) (1) (1,496) 925 (3,717) 25,072 (3,188) 9,123 - 400 (650) (400) - 12 (50,651) 35,131 (66,363) 34,949 |
|---|---|---|
continued...
Page 13
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.9.20 | in funds | funds | 31.8.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 1,310 | (2,926) | 2,758 | 1,142 |
| Community Foundation for Staffordshire & | ||||
| CO OP (Christmas Hampers) | - | 173 | (173) | - |
| Community Foundation for Staffordshire & | ||||
| NET (Easter Hampers) | - | 11 | (11) | - |
| 1,310 | (2,742) | 2,574 | 1,142 | |
| Restricted funds | ||||
| Aap Ka Saath - Coronavirus Support Fund | ||||
| - The National Lottery Community Fund | - | (1) | 1 | - |
| The National Lottery Community Fund | ||||
| WFP - 1st | - | 925 | (925) | - |
| The National Lottery Community Fund | ||||
| WFP - 2nd | - | 25,072 | (25,072) | - |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2021 | - | 1,353 | (1,353) | - |
| Councillors Pride Fund (Blackpool Trip) | - | 400 | (400) | - |
| Arleston Community Centre - Covid | ||||
| Recovery Fund (Blackpool trip) | - | (400) | 400 | - |
| General fund | 855 | - | - | 855 |
| The National Lottery Community Fund | ||||
| WFP | - | 2,890 | 25,997 | 28,887 |
| HMRC Maternity Pay | - | 5,710 | - | 5,710 |
| Telford & Wrekin HHAH Easter project | ||||
| 2022 | - | 3,950 | (170) | 3,780 |
| Telford & Wrekin Health Inequities Grant | - | 2,808 | (423) | 2,385 |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2022 | - | 629 | (629) | - |
| 855 | 43,336 | (2,574) | 41,617 | |
| TOTAL FUNDS | 2,165 | 40,594 | - | 42,759 |
continued...
Page 14
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | (27) | (2,899) | (2,926) | |
| Community Foundation for Staffordshire & | ||||
| NET (Educational Programme) | 10,572 | (10,572) | - | |
| Community Foundation for Staffordshire & | ||||
| CO OP (Christmas Hampers) | 1,000 | (827) | 173 | |
| Community Foundation for Staffordshire & | ||||
| NET (Easter Hampers) | 3,958 | (3,947) | 11 | |
| 15,503 | (18,245) | (2,742) | ||
| Restricted funds | ||||
| Aap Ka Saath - Coronavirus Support Fund | ||||
| - The National Lottery Community Fund | 41,599 | (41,600) | (1) | |
| The National Lottery Community Fund | ||||
| WFP - 1st | 2,421 | (1,496) | 925 | |
| The National Lottery Community Fund | ||||
| WFP - 2nd | 28,789 | (3,717) | 25,072 | |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2021 | 15,287 | (13,934) | 1,353 | |
| Councillors Pride Fund (Blackpool Trip) | 1,400 | (1,000) | 400 | |
| Arleston Community Centre - Covid | ||||
| Recovery Fund (Blackpool trip) | 250 | (650) | (400) | |
| The National Lottery Community Fund | ||||
| WFP | 57,991 | (55,101) | 2,890 | |
| HMRC Maternity Pay | 8,480 | (2,770) | 5,710 | |
| Telford & Wrekin HHAH Easter project | ||||
| 2022 | 3,166 | 784 | 3,950 | |
| Telford & Wrekin Health Inequities Grant | 4,304 | (1,496) | 2,808 | |
| Telford & Wrekin Council HHAH Summer | ||||
| play scheme 2022 | 12,666 | (12,037) | 629 | |
| 176,353 | (133,017) | 43,336 | ||
| TOTAL FUNDS | 191,856 | (151,262) | 40,594 | |
| 9. | RELATED PARTY DISCLOSURES |
There were no related party transactions for the year ended 31st August 2022.
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continued...
CEIA
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st August 2022
10. FUNDS
Details of the Funds are shown in the Trustees report.
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CEIA
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| for the Year Ended 31st August 2022 | ||
| 31.8.22 | 31.8.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | 90,544 | 101,312 |
| Total incoming resources | 90,544 | 101,312 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 55,783 | 28,275 |
| Rent | 1,500 | 3,361 |
| Insurance | 688 | 344 |
| Telephone | - | 1,500 |
| Postage and stationery | 826 | 2,403 |
| Sundries | 172 | 196 |
| Professional fees | 936 | 1,200 |
| Activity and support costs | 22,043 | 16,683 |
| Equipment and maintenance | 1,541 | 5,598 |
| Facilitator and volunteer cost | 1,410 | 6,803 |
| 84,899 | 66,363 | |
| Total resources expended | 84,899 | 66,363 |
| Net income | 5,645 | 34,949 |
This page does not form part of the statutory financial statements
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