|Contents ofthe Financial Statements|Contents ofthe Financial Statements|Contents ofthe Financial Statements|Contents ofthe Financial Statements||||
|---|---|---|---|---|---|---|
||for|the Year Ended 31 Jul|2022||||
||||||Page||
|Report ofthe Trustees||||I|to|7|
|Report ofthe Independent||Auditors||8|to|11|
|Statement ofFinancial|Activities||||12||
|Balance Sheet||||13|to|14|
|Cash Flow Statement|||||15||
|Notes to the Financial|Statements|||16|to|31|
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|||||for the Yea|r Ended 31Jul
2|022|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||Umestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||8||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||3|255,913|79,615|335,528|68,472|
|Charitable
activities|||||||||
|Saleofgoods and services|||||82,049||82,049|51,252|
|Contractual|||||764,314||764,314|635,035|
|Letting ofnon investment||property|||4,473||4,473|2,279|
|Ancillary|||||5,968||5,968|6,306|
|Other trading activities||||4|2,242||2,242||
|Investment
income
Other income||||5
7|717
3 140||717
~3140|258
92 384|
|Total|||||1 118816|79615|1 198431|855 986|
|EXPENDITURE ON|||||||||
|Raising funds|||||||||
|Raising donations
and|legacies|||8|14,753||14,753|12,607|
||||||14,753||14,753|12,607|
|Charitable
activities|||||||||
|Saleofgoods and services|||||151,227|27,552|178,779|185,640|
|Contractual|||||779,862||779,862|592,820|
|Ancillary|||||707||707|73|
|Total|||||946,549|27,552|974,101|791,140|
|NET INCOME
Transfers
between
funds||||22|172,267
24 t44|52,063
~24.444|224,330|64,846|
|Net movement
in funds|||||196,711|27,619|224,330|64,846|
|RECONCILIATION|OFFUNDS||||||||
|Total funds brought
forward|||||666,815|28,986|695,801|630,955|
|TOTAL FUNDS CARRIED FORWARD|||||863,526|56 605|920,131|695,801|
|CONTINUING
OPERATIONS|||||||||
|All income and expenditure||has arisen from||continuing|activities.||||
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Intangible
assets|14|2,801||2,801|3,548|
|Tangible assets|15|449,167||449,167|399,934|
|||451,968||451,968|403,482|
|CURRENT ASSETS||||||
|Stocks|16|24,874||24,874|16,570|
|Debtors|17|74,843||74,843|28,578|
|Cash at bank and in hand||~428 693|69,102|497,795|355,664|
|||528,410|69,102|597,512|400,812|
|CREDITORS||||||
|Amounts
falling due within one year|18|(116,852)|(12,497)|(129,349)|(65,993)|
|NKT CURRENT ASSETS||411 558|56 605|468,163|334 819|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||863,526|56,605|920,131|738,301|
|CREDITORS||||||
|Amounts
falling due after more than one year|19||||(42,500)|
|NET ASSETS||863 526|56 605|920131|695 801|
|FUNDS|22|||||
|Unrestricted
funds||||863,526|666,815|
|Restricted funds||||56,605|28,986|
|TOTAL FUNDS||||~920 131|~695 801|
##
|||||Acorn
an
limitedb
~g
C~hFl S|rante
«|e||
|---|---|---|---|---|---|---|---|
|||||for the Year Ended 31|1|||
|||||||2022|2021|
|||||Notes||||
|Cash flows from operating||activities||||||
|Cash generated
from operations
Interest paid||||26||285,411|132,307
~79|
|Net cash provided by operating
activities||||||285,411|132228|
|Cash flows from investing||activities||||||
|Purchase ofintangible
fixed||assets|||||(3,735)|
|Purchase oftangible
fixed assets||||||(94,581)|(41,012)|
|Sale oftangible fixed assets||||||584|333|
|Interest received||||||717|258|
|Net cash used in investing|activities|||||~93,280)|~44,156)|
|Cash flows from financing||activities||||||
|New loans in year|||||||50,000|
|Loan repayments
in year||||||~50,000)||
|Net cash (used in)/provided||by financing||activities||~50000)|50,000|
|Change in cash and cash|equivalents||in|||||
|the reporting
period||||||142,131|138,072|
|Cash and cash equivalents||at the||||||
|beginning
ofthe reporting||period||||355,664|217,592|
|Cash and cash equivalents||at the ead|of|||||
|the reporting
period||||||497,795|355,664|
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|Depreciation
is provided
life.|at the following|annual
rates in order to write off eac|annual
rates in order to write off eac|
|---|---|---|---|
|Freehold property||2% - 15%on reducing balance||
|Biomass boiler||5%on cost||
|Gardening
&outside equipment||25%on reducing|balance|
|Office, shop furnishings|and general|||
|equipment||25%on reducing|balance|
|Motor vehicles||25% on reducing|balance|
|Woodwork tools||25% on reducing|balance|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||2022|2021|
|Donations|10,241|8,999|
|Grants|75,287|59,473|
|Legacies|250 000||
||335528|68,472|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||Fundraising
events||||2,242||
|5.|INVESTMENT|INCOME|||||
||||||2022|2021|
||Deposit account|interest|||717|258|
|6.|INCOME FROM CHARITABLE ACTIVITIES||||||
|||||||Letting|
|||||Sale of||ofnon|
|||||goods and||investment|
|||||services|Contractual|property|
||Provider invoice|income|||243,827||
||Hub provision||||449,873||
||NHS &Selffunding||||50,836||
||Garden nursery|sales, contracting|and||||
||workshop
sales|||66,631|||
||Renewable
heat|incentive|||||
||Room and facility hire|||||4,473|
||Sundry income||||||
||Breathing
Space|Activities||15,418|||
||ABLE (Provider|invoice income)|||19,778||
|||||82,049|764,314|4473|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||||||Ancillary|activities|activities|
||Provider invoice|income||||243,827|289,075|
||Hub provision|||||449,873|325,210|
||NHS &Selffunding|||||50,836|20,750|
||Garden nursery|sales, contracting|and|||||
||workshop
sales|||||66,631|51,252|
||Renewable
heat|incentive|||5,940|5,940|6,030|
||Room and facility hire|||||4,473|2,279|
||Sundry income||||28|28|276|
||Breathing Space|Activities||||15,418||
||ABLE (Provider|invoice income)||||19,778||
||||||5,968|~856 804|694 872|
|7.|OTHER INCOME|||||||
|||||||2022|2021|
||Minibus hire income||||||(3,871)|
||Government
grants|||||208|96,255|
||Assets received|re Able||||1,500||
||Transfer ofassets from unincorporated|||charity||1,432||
|||||||3,140|92,384|
|to the value|off1,500 from|Broadacres.|||
|---|---|---|---|---|
|RAISING|DONATIONS|AND LEGACIES|||
||||2022|2021|
|Staffcosts|||14,538|12,587|
|Fundraising|costs||215|20|
||||14,753|12,607|
##
##
|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 10)|Totals|
||f.|f.||
|Saleofgoods and services|137,815|40,964|178,779|
|Contractual|699,290|80,572|779,862|
|Ancillary|707||707|
||837,812|121536|959,348|
##
|SUPPORT COSTS|||||
|---|---|---|---|---|
|||||Human|
|||Management
f|Finance|resources
f|
|Sale ofgoods and services||38,142|449|1,835|
|Contractual||62,696|185|5,504|
|Governance|||||
|||100,838|634|7,339|
|||Memberships|||
|||and|Governance||
||Utilities|affiliations|costs|Totals|
|Sale ofgoods and services|353|185||40,964|
|Contractual|1,063|554||70,002|
|Governance|||10,570|10,570|
||1,416|739|10,570|121,536|
##
||2022f|2021|
|---|---|---|
|Auditors'
remuneration|4,950||
|Depreciation
-owned assets|44,771|30,911|
|Hire ofplant and machinery|1,333||
|Other operating
leases|3,354|2,101|
|Surplus/(deficit)
on disposal offixed assets|(7)|1,354|
|Branding
and Franchises
amortisation|747|187|
|Auditors'
remuneration
-non audit services|8 674|10,165|
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||||f.|
||Wages and salaries||||||673,999|554,869|
||Social security|costs|||||42,467|29,348|
||Other pension|costs|||||11,021|9 117|
||||||||727,487|593,334|
||The average monthly||number ofemployees||during|the year was as follows:|||
||||||||2022|2021|
||Centre manager||||||1|1|
||Centre and support staff||||||46|44|
||||||||47|45|
||No employees|received emoluments||in excess off60,000.|||||
||||||||2022|2021|
||||||||No|No|
||Total employed|by head count|||||60|46|
||Wages and salaries includes employee healthcare|||||benefits off3,411(2021:K2,999).|||
|14.|INTANGIBLE FIXEDASSETS||||||||
|INTANGIBLE FIXEDASSETS||
|---|---|
||Branding|
||allli|
||Franchises|
|COST||
|At 1 August 2021 and 31 July 2022|3,735|
|AMORTISATION||
|At 1 August 2021|187|
|Charge for year|747|
|At 31 July 2022|934|
|NET BOOK VALUE||
|At 31July 2022|2,801|
|At 31July 2021|3,548|
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||||Gardening|
|||Freehold|Biomass|&outside|
|||property
I|boiler|equipment|
|COST|||||
|At I August 2021||402,308|26,926|18,178|
|Additions||39,158||578|
|Disposals|||||
|At 31 July 2022||441,466|26,926|18,756|
|DEPRECIATION|||||
|At I August 2021||74,875|9,423|10,195|
|Charge for year||15,965|1,346|1,812|
|Eliminated
on disposal|||||
|Reclassification/transfer||||1,313|
|At 31 July 2022||90,840|10,769|13,320|
|NET BOOK VALUE|||||
|At 31July 2022||350,626|16,157|5,436|
|At 31 July 2021||327,433|17,503|~7983|
||Office,||||
||shop||||
||furnishings||||
||slid||||
||general|Motor|Woodwork||
||equipment|vehicles|tools
I|Totals
I|
|COST|||||
|At I August 2021|69,203|67,353|6,565|590,533|
|Additions|9,104|45,741||94,581|
|Disposals||~11,480)||~11,480)|
|At 31July 2022|78,307|101614|~6565|673,634|
|DEPRECIATION|||||
|At I August 2021|50,073|40,442|5,591|190,599|
|Charge for year|7,058|18,347|243|44,771|
|Eliminated
on disposal
Reclassification/transfer||(10,903)
~1,313)||(10,903)|
|At 31 July 2022|57,131|46,573|5,834|224,467|
|NET BOOK VALUE|||||
|At 31 July 2022|21,176|55,041|731|449,167|
|At 31 July 2021|19,130|26911|974|399,934|
|||Notes to the Financial Stat|ments|- continued|||
|---|---|---|---|---|---|---|
|||for the Year Ended|1 Jul|2022|||
|16.|STOCKS||||||
||||||2022|2021|
||||||f|f|
||Raw materials||||6,291|931|
||Work-in-progress||||791|270|
||Finished goods||||16,942|14,999|
||Other stocks||||850|370|
||||||24,874|16,570|
|17.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2022|2021|
||Trade debtors||||12,985|4,058|
||Other debtors||||50,272|1,822|
||Prepayments
and accrued|income|||11,586|22,698|
||||||74,843|28,578|
|18.|CREDITORS: AMOUNTS FALLING DUE WITHIN||ONE|YEAR|||
||||||2022|2021|
||Bank loans and overdrafts|(see note 20)||||7,500|
||Trade creditors||||8,483|3,361|
||Social security and other|taxes|||25,609|17,009|
||Other creditors||||5,555|2,236|
||Deferred income||||62,348|6,635|
||Accrued expenses||||27,354|29,252|
||||||~129349|~65 993|
||Deferred Income reconciliation||||||
||||||2022|2021|
||Balance brought
forward||||6,635||
||Amount
released to the Statement ofFinancial Activities
Amount
deferred in the year||||(6,635)
62348|ttts|
||Balance carried forward||||62348|6631|
##
|||2022|2021|
|---|---|---|---|
||Bank loans (see note 20)||42,500|
|20.|LOANS|||
||An analysis ofthe maturity ofloans is given below:|||
|||2022|2021|
||Amounts
falling due within one year on demand:|||
||Bounce back loan||7500|
||Amounts
falling between one and two years:|||
||Bounce back loan||10,000|
||Amounts
falling due between two and five years:|||
||Bounce back loan||30,000|
||Amounts
falling due in more than five years;|||
||Repayable
by instalments:|||
||Bounce back loan||2,500|
|21.|LEASING AGRKKMKNTS|||
||2022|2021|
|---|---|---|
||I|I|
|Within one year|11,164|2,101|
|Between one and five years|21,882|5914|
||33,046|8,015|
##
##
|MOVEMENT IN FUND|S|||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.8.21|in funds|funds|31.7.22|
|Unrestricted
funds||||||||
|General fund||||380,049|172,267|27,238|579,554|
|Designated
Freehold Property
Designated
Other Assets fund||fund||272,776
~13990||(1,226)
~1,568)|271,550
12422|
|||||666,815|172,267|24,444|863,526|
|Restricted funds||||||||
|The Autism Hub|||||14,702||14,702|
|The Hedley Foundation|||||2,071||2,071|
|Walking
Group Fund||||546|(798)|252||
|Anne Baker Bursary Fund||||7,500|1,646|(311)|8,835|
|Gig Buddies Fund||||8,251|(2,020)||6,231|
|Breathing Space||||7,988|5|(7,993)||
|The National
Lottery Community|||Fund|4,701|18,805|(6,985)|16,521|
|The Charles &Elsie Sykes Trust|||||2,500||2,500|
|Community
Fund|||||8,873|(6,174)|2,699|
|Baily Thomas Charitable
The Percy Bilton Charity|Fund||||4,000
2,279|(954)
~2,279)|3,046|
|||||~28 986|52,063|24,444|56,605|
|TOTAL FUNDS||||695,801|224,330||920 131|
|Net movement
in funds, included|||in the above are as follows:|||||
||||||Incoming|Resowces|Movement|
||||||resources|expended|in funds|
|Unrestricted
funds||||||||
|General fund|||||1,118,816|(946,549)|172,267|
|Restricted funds||||||||
|The Autism Hub|||||19,000|(4,298)|14,702|
|The Hedley Foundation|||||2,071||2,071|
|Walking Group Fund||||||(798)|(798)|
|Anne Baker Bursary Fund|||||1,823|(177)|1,646|
|Gig Buddies Fund||||||(2,020)|(2,020)|
|Breathing
Space|||||5||5|
|The National
Lottery Community|||Fund||39,037|(20,232)|18,805|
|The Charles &Elsie Sykes Trust|||||2,500||2,500|
|Community
Fund|||||8,900|(27)|8,873|
|Baily Thomas Charitable
The Percy Bilton Charity|Fund||||4,000
2,279||4,000
~2279|
||||||79,615|~27,552)|52,063|
|TOTAL FUNDS|||||1,198431|(974,101)|224,330|
##
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##
|Comparatives
for movemen|t|in|funds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.8.20|in funds|funds|31.7.21|
|Unrestricted
funds||||||||
|General fund||||320,902|7,927|51,220|380,049|
|Designated
Freehold Property||fund||271,138||1,638|272,776|
|Designated
Other Assets fund||||7,490||6,500|13,990|
|||||599,530|7,927|59,358|666,815|
|Restricted funds||||||||
|Walking
Group Fund||||1,948|(1,402)||546|
|Anne Baker Bursary Fund||||7,500|||7,500|
|Gig Buddies Fund||||6,650|4,601|(3,000)|8,251|
|Staying Safe Together Fund||||9,700||(9,700)||
|Breathing Space||||5,627|2,361||7,988|
|Infection Control|||||37,235|(37,235)||
|The National
Lottery Community|||Fund||13,269|(8,568)|4,701|
|The Plastic Project|||||760|(760)||
|Covid 19Restore &Recover Grant
Homework
Boxes &Craft materials|||||994
~899)|(994)
899||
|||||31,425|56,919|$59,358)|28,986|
|TOTAL FUNDS||||630,955|64,846||695,801|
|Comparative
net movement|in funds, included|||in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted
funds||||||||
|General fund|||||795,766|(787,839)|7,927|
|Restricted funds||||||||
|Walking
Group Fund||||||(1,402)|(1,402)|
|Gig Buddies Fund|||||4,601||4,601|
|Breathing Space|||||2,361||2,361|
|Infection Control|||||37,235||37,235|
|The National
Lottery Community|||Fund||13,269||13,269|
|The Plastic Project|||||760||760|
|Covid 19Restore &Recover|Grant||||994||994|
|Homework
Boxes&Craft materials|||||1,000|~1,899)|~899)|
||||||60,220|~3301)|~56 919|
|TOTALFUNDS|||||855,986|(791,140)|64,846|
##
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|RECONCILIATIO
ACTIVITIES|N
OFNE|T INCOME TO NET CASH FLOW FROM O|PERATINC||
|---|---|---|---|---|
||||2022|2021|
|Net income for the|reporting|period (as per the Statement ofFinancial|||
|Activities)|||224,330|64,846|
|Adjustments
for:|||||
|Depreciation
charges|||45,518|31,098|
|(Profit)/loss
on disposal offixed assets|||(7)|1,354|
|Interest received|||(717)|(258)|
|Interest paid||||79|
|Movement
in provisions||||(24,450)|
|(Increase)/decrease|in stocks||(8,304)|4,282|
|(Increase)/decrease
Increase in creditors|in debtors||(46,265)
70,856|50,793
~4563|
|Net cash provided|by operations||2~411|132307|
##
|ANALYSIS OF CHAN|GES IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.8.21|Cash flow|At 31.7.22|
|||f.||f|
|Net cash|||||
|Cash at bank and in hand||355,664|142,131|497,795|
|||355,664|142,131|497,795|
|Debt|||||
|Debts falling due within|1 year|(7,500)|7,500||
|Debts falling due after 1|year|~42,500|42,500||
|||~50,000)|50,000||
|Total||305,664|192,131|497,795|