REGISTERED CHARITY NUMBER.. 1145023 CLIMBING OUT TRUSTEES. REPORT AND UNAUOITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
CLIMBING OUT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Page Reference and Admlnlstratlve Detalls Trustees. Report Independent Examinerfs Report 10 Statement of Financial Activities 11 Statement of Financial Position 12 Notes to the Financial Statements 13 to 18
CLIMBING OUT REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES J Redmond M James (resigned 3.9.221 S Shepherd (resigned 7.9.221 J Edwards (resigned 14.3.221 P Elias (resigned 30.4.211 C Felton G Aston S Collins D Hughes-Beddows PRINCIPAL ADDRESS 21 Aston Pigott Westbury Shrewsbury SY5 9HH REGISTERED CHARITY NUMBER 1145023 INDEPENDENT EXAMINER TCA Ishrewsburyl LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SY1 1ED CHIEF EXECUTIVE Kelda Wood Page 1
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their aceounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims The objectives of the charity, as set out in the governing document are.. To advance in life and help young people in the United Kingdom through.. a The provision of recreational and outdoor activities provided in the interest of social welfare for young people who are in need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving their conditions of life. b - Providing support and activities which have a positive influence on young people and develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals. Significant activities Climbing Out runs 5 day outdoor activity programmes aimed at rebuilding Confiden and self-esteem in people facing life changing injury, illness or trauma. The plan for 2021 was lo run eight programmes, including a Sweden wilderness canoeing expedition that had lo be cancelled in 2020 due to Covid," Covid delayed our 1 Oth Anniversary Ball and a fundraising hike. Due to further Covid restrictions on travel in 2021, the Sweden trip was instead held on Anglesey, but all other programmes went ahead, albeit with the start delayed until the end of May. The activities on the 5 day residential outdoor activity programme followed a similar format to previous years, offering a wide onge of activities, but adapted lo slay within social distancing and hygiene restrictions as laid out by the government at the lime of the progmmmes. All activities are adapted lo meet the needs and capabilities of the group and individual. The personal development sessions continued to run throughout the week, at the start and end of each day, and through coaching conversations that lake place throughout the day's activities where appropriate. The sessions aim to help participants lo understand their thoughts, feelings and behaviours and lo provide them with the tools lo help them manage these areas more effectively in life outside of the 5 day programme. Evening activities taking place included an inspirational talk, quiz and BBQ, as well as a chance to try an expedits'on meal of freeze dried food as a demonstration of how easy il can be lo carry provisions for mini expedits'ons. The aim of the evening activities is to create the opportunity for the participants lo engage socially with other people who have been through similar challenges, as many have become detached from their peer groups following treatment. The combination of outdoor aclivilies, personal development session, teamwork, camaraderie, fresh air, one lo one support, banter and mental resilience tools lead lo an outstanding and life changing week. The Climbing Out Club has been severely limited by Covid reslriclions, but the closed Facebook group has been a plaTr for past participants lo continue to support each other through these difficult limes. It was also possible to run a Fund-Raising Hike in North Wales, which was supported by many previous participants, giving them the opportunity to meet up and build bonds. Public benefit The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. Page 2
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 ACHIEVEMENT AND PERFORMANCE Main achievements during 2021 Covid Adaptations which we have carried forward: Podcasts and videos that were developed during Covid to support people with explanations of the mental resilience tools laught on the Programmes have been retained and added lo our website, so that they are freely available to anyone. They have proved useful both in providing a taster of Climbing Out's approach and also a reminder for past participants. We also find that participants share them with friends or family as a way of deepening understanding in those supporting them. Other Achlevements throughout 2021 The annual Fund-Raising Hike was able lo be reinstated. 11 was held in North Wales and was supported by almost 50 participants, raising over £6,000. Programme of 8 Walk and Talk Days run once restrictions reduced in second half of year. Holding one programme fully funded by the Armed Forces Covenant Trust IAFCTI and another to be held in early 2022. Places were also offered on mixed Forces and civilian programmes under Covenant Funding. The success of the projects was reported back to the AFCT and excess funding agreed to be carried over into 2022. Increased plaS available lo Emergency ServIS and NHS staff affected by trauma. Research Project with Shrewsbury and Chester University The long term research project looking at the impact of the 5 day programmes has continued throughout 2021. The impact of these findings will enable us lo evidence just how much impact the 5 day programmes are having and will as a result will hopefully lead onto accessing additional funding and support from further partner organisalions Achieved financial stability Trialled an Operations Manager role Developed relationship with a company to manage all our press, PR and social media Took active steps towards creating a consistent flow of referrals Set up a partner organisation mailing list to help create a constant flow of referrals Put our referral process online Began development of a team of Climbing Out ambassadors made up of previous parts'cipants lo help raise awareness and signpost others lo our support servi$ Page 3
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Summary of our main achievements during 2021: Core Activities Five core Programmes One Level 2 Programme One Level 3 Programme One tsster Programme lo educate referring organisalions as to what Climbing Out offers Closing of online workshops and transfer of podcasts and videos to website Eight Walk and Talk Days run from June lo December The Climbing Out Club continued lo support each other through the closed Climbing Out Club Facebook group Fund Raising Hike in North Vvales After piloting it in 2018, we have continued lo use the structure of signposting individuals to the relevant counselling or therapy. Climbing Out has established a team of coaches and funds beeen 4 and 8 sessions for relevant individuals. Significantly developing our network of partner organisalions, including further establishing links with the Emergency Services and the Armed Forces Community Research project with Chester University Growing financial stability Development of the part time admin position Funding Funding was successfully secured for all the setwices that Climbing Out was able to run this year through a number of grant making organisations including funding of £5k and above from The 4814 Trust, The IGY Foundation, The Armed Forces Covenant Trust, The UKH Foundation, The AL Green Charitable Trust and The National Lottery Fund. £172,850 was raised through funding lellers to trusts and foundations. The annual Fundraising Hike raised £6,000. Despite restrictions, funds have still been raised for Climbing Out through independent fundraising and small donations. Govornanco and Structure The Board of Trustees established In 2018 has continued to work well together over 2021, sharing areas of expertise and supporting Climbing Out with individual strengths. The part lime administrator appointed in 2019 has continued to successfully support the Charity Manager, with hours worked as needed and increased to a maximum of 15 per week. Page 4
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Accounts Hollies BookKeeping Continue to successfulty manage our accounts and keep all details on a Cloud aeeounling system The appointment of an accountant to put together our end of year accounts has been very successful. We now feel we have a good structure in place lo manage our accounts and financial budgeting. Cllmblng Out Club Members continue to support each other, and lifelong friendships are being developed. We continue to see a large amount of interaction between past participants through the closed Climbing Out Club facebook group. This helps to maintain the strong neOrk of friendship and peer support which plays a vital part in the continued recovery and growth of our participants. FINANCIAL REVIEW Financial review Funds raised by the charity are used lo pay the running costs and provision of the programmes. All funds are held in Bank Accounts with HSBC Bank in the name of Climbing Out. We have no funds in delicil. The charity's principal source of funds: Funding Bids - £172,850 was generated through funding bids in 2021 and through letters sent lo trusts and foundations asking for donations £16,000 of was from grant making organisalions that have offered long term support to Climbing Out Individual fundraisinglJusl Giving £16,469 was raised by individual fundraisers and Just Giving. £6,000 was raised by the annual Fund Raising Hike Key expenditure and how this has supported the objectives of the charity: Funds raised by the charity are used to pay the running costs and provision of the programmes and Walk and Talk days. A total of £103,618 has been spent on programme delivery in 2021 Other expenditure includes logistical running costs of the charity including accounting, bid writing, and PR How this has supported the objectives of the charity: The key objective of the charity is to deliver our 5 day programmes. Al a cost of £103,618 in relation to our total expenditure of £136,100, 760/0 of our expenditure has been used to achieve this. This includes the logistical planning and preparation associated with enabling the programme lo happen. The remaining 24°/o of expenditure has been used for the running costs and development of the charity, without which Climbing Out would not continue to function, grow and ultimately be In a position lo support growing number of young people. Page 5
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Reserves policy Climbing Out Reserves policy aims lo ensure our work is protected from the risk of disruption al short notice lo a lack of funds, whilst at the same time ensuring we do not retain for longer than required. The reserves policy takes into account the overall sustainability of the charity and the aim is to retain sufficient funds in reserve to allow the charity to continue lo operate for al least 6 months, running a minimum of2 programmes. Our aim is lo increase this lo at least 12 months full running costs over the next 2 to 3 years lo ensure no significant disruption lo our charitable aclivib'es," approximately £144,000 based on the following projected costs for 2022.. £104k for programmes18 programmes at £13k each) £20k running costs., £5k walk and talk., and £15k for a kil-store and kit. Our reserves policy is monitored and reviewed on an ongoing basis. FUTURE PLANS As reslriclions have lifted during the year we have planned 8 programmes running from March through until October. We'll be running a Level 2 Programme in North Wales again. One programme will be specifically for Forces veterans under Armed Forces Covenant Trust funding One programme will be held at Duke's Barn in the Peak District where we can accommodation participants requiring greater physical support One programme will cater predominantly for the emergency services, NHS and armed FOrS We plan to continue to offer monthly Walk and Talk days - groups will be meeting at venues in Shropshire, Wales and The Peak District and heading out for a day's walking with an instructor leading the walk. Members of the Climbing Out team will be there too, to offer personal development conversations for anyone that needs a bit of support or guidance. But the most important thing is we'll be getting active, having fun and will have the chance lo meet and chat with others. Other We continue to have a part time admin role to help support the logistical running of Climbing Out. This role continues lo develop. The hours have extended to up to 15 per week and Management of budgeting and financial reporting has been taken on. We plan lo trial the use of volunteer previous participants on programmes as an extra support and perspective for participants. Page 6
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Mental Health Technical Advisor has stepped down and the Ops manager role has evolved from a salaried role to a freelance position providing support and technical advice to the CEO rather than hands on logistical responsibilities, in return for a monthly retainer fee. A budget has been set aside to provide for follow up counsellinglcoaehing with external providers for participants who need this, within a controlled budget. Plans to continue the benefits to Climbing Out stemming from Kelda's Atlantic row by.. 1. Supporting the creation, by volunteers, of a children's picture book, inspired by Kelda's row and the creatures that she encountered. Using the theme of supporting one another to replace "I can't," with How can l?" this project will create a resource to both fundraise and spread the central message of Climbing Out. 2. Developing and launching a feature documentsry based around the Allanlic row. This will be used as an inspirational and motivational resour for Climbing Out. 3. Further talks delivered by Kelda sharing her story. PR and social media management has been outsourced to Shropshire Festivals for a monthly fee and due lo positive results this will continue into 2022. Govornance and Structure We will continue lo develop the roles and responsibilities of the trustees creating a stronger foundation for the charity. We aim to offer govemance training for all our Iruslees. We will continue to identify the roles required for Climbing Out to function successfully and to recruit people for these various roles. Working with service providers to help manage our governance and structure, especially focusing on policies, procedures and other aspects of HR. Accounts Financial reports - the administrator is taking on responsibility for making financial reports lo the Trustees at their meetings. Annual budgeting An annual budgeting meeting will be held to plan the budget for the forthcoming year. A budget for 2022 has now been pul in place. The meeting will be held in March so we have lime to prepare and raise the required finances for the forthcoming year. This will create financial security for Climbing Out reducing any Chan of over spending. We will continue lo use an accountant to do our end of year accounts. Hollies bookkeeping will continue to manage the day-to-day fInanS and TCA accountants and business advisors will be used lo create and submit our end of year accounts. Account one and account two Two accounts are still in place. Account One will continue lo be used solely as a programme account to manage all finan$ connected lo the 5 day programmes. Account Two will be used to manage all money not connected to programmes and include running costs and free reserves. Page 7
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Funding and Fundraising Funding Applications We will continue to make applications to both repeat funders and new funders throughout the year to ensure a steady flow of funds both for the coming year and then for use in 2023. We have developed relationships with further Forces funders to broaden what we can offer to veterans and serving personnel. We also successfully secured £25,OOOlper annum for the foreseeable future through the IGY Foundation to fund staff costs. Both parties are keen to develop a long-temi relationship to ensure the sustainability of Climbing Out. Previous participants will be fundraising through the Level 2 programme. We continue to develop long term relationships with funding bodies bringing us in a sustainable annual income. The Climbing Out Ball and Awards The Ball will now be tsking place on 21st May 2022 having been postponed as a result of the Coronavirus. A Fund-raising Hike is planned for a length of Hadrian's Wall in October 2022. Climbing Out Club The Climbing Out Club will continue to organise Social events, fundraising activities and training and development opportunities. The Climbing Out Club continues to offer long term support and guidance to any member. The club continues lo provide a network of friendship and support for members with other members, creating long term sustainability of the impact of the 5 day programmes. The introduction of Level two and three programmes to support the continued growth and development of members. We plan lo develop a group of 'Ambassadors' from past participants, both to give them opportunities for personal growth and lo increase our reach lo future parlicipanls. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Climbing Out is a registered charity and is governed by it's constitution dated 2 November 2011. STRUCTURE. GOVERNANCE AND MANAGEMENT Risk management The trustees have a duly to identify and review the risks to which the charity is exposed and lo ensure appropriate controls are in place to provide reasonable assurance against fraud and error.The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures lo manage those risks. Page 8
CLIMBING OUT TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES. RESPONSIBILITY STATEMENT The Iruslees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Aecepled Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial slalements for each financial year which give a true and fair view of the slate of affairs of the charrty and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Charity SORP., make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the charity will continue in business. The Iruslees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on ..1.Ith.Oatober.2022...... and signed on its behalf by.. J Redmorid - Trustee Page g
INDEPENDENT EXAMINER'S RE CUMBING O THE TRUSTEES OF Indep9ndt examlnerfs report to the trustee5 of Climbing Out I report lo the challty trustees on my eXwnlnan of the accounts crf Clmbing Out (the Trust) for the year ended 31 Decmter 2021. Re5ponsibilitl¢s and basis of report As the challty trustee5 of the Trust you are resKXjn5 for th8 prgp¥in of the arUnts in &tsjrdan with the requirements of the ChantEs Act 2011 Cthe Ad). I report in res of my examinat)n of the TwsV¥ accounts carried under s&tKJn 145 of the Ad and in caryirwJ out my examinatKJn I folcwBJ Dir•kn gi¥En by the Charity Commission under sectw)n 14515Mbl of the Act. Independent examinerfs slatement I have Compted my examinK>n. I CLfirM tha nknl mattws haN come to my attentrjn in wtIOn wrth the examinakn'on gNbrwJ me cause to t&ve tha n any rNAterial re4)&X' unting rordS were not kept in respert of the Twst as Ured by sectKJn 130 ofthe Ad., or the accounts do not w(Éh those r&ords' or the accounts do r¥)t ccryty with the applvble requirements ¢¢eming the form and content of aCUnIS set out in the CharitEs {Aco)unts aThJ Reports) RwJuk8tions 2008 other than any requirenEnt that the accounts gNe a true and frdiT view whith is not a matrer consider1 a5 part of an independent examinali)n. I have Th) concerns and ha cane &ross nJ9tters Cnl)n with the eXaMinatn to which attenlY)n shoubj be drawn in thi5 re in order to enth a prcw uThJer5tarKling the xcounts to be reached. C MoeW-VVllliams, Bsc FCA ICAEW TCA (Shre4¥St¥Jryl LLP Third Fbor 21 Sl Marls Street Shrewsbury Shropghire SY1 1ED Page 10
CLIMBING OUT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Total funds 2020 Total funds Unrestricted funds Reslricled fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 99,320 120,750 220,070 93,884 EXPENDITURE ON Raising funds 6,428 6,426 6,622 Charitable activities General 61,919 67,755 129,674 77,579 Total 68,345 67,755 136,100 84,201 NET INCOME 30,975 52,995 83,970 9,683 RECONCILIATION OF FUNDS Total funds brought forward 59,691 69,604 129,295 119,612 TOTAL FUNDS CARRIED FORWARD 90,666 122,599 213,265 129,295 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activities. The notes form part of these financial statements Page11
CLIMBING OUT STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2021 2021 Total funds 2020 Total funds Unrestricted funds Reslricled fund Notes FIXED ASSETS Tangible assets 7,870 7,870 8,465 CURRENT ASSETS Debtors Cash at bank 18,649 71,970 18,649 194,569 23,528 128,000 122,599 90,619 122,599 213,218 151,528 CREDITORS Amounts falling due within one year 17,8231 17,8231 130,6981 NET CURRENT ASSETS 82,7 122,599 205,395 120,830 TOTAL ASSETS LESS CURRENT LIABILITIES 90,666 122,599 213,265 129,295 NET ASSETS 90,666 122,599 213,265 129,295 FUNDS Unrestricted funds.. General fund Designated 10 69,265 21,401 1,295 58,396 90,666 59,691 Restricted funds 122,599 69,604 TOTAL FUNDS 213,265 129,295 The financial statements were approved by the Board of Trustees and authorised for issue on 11th October 2022 and were signed on ils behalf by.. J Redmon Trustee The notes form part of these financial statements Page 12
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 '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 IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The charity has taken advantsge of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland.: the requirements of Section 7 Statement of Cash Flows., the requirement of paragraph 3.17ldl', the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.481alliii}, 11.48lallivl, 11.48lbl and 11.48lcl, the requirements of paragraphs 12.26, 12.27, 12.291al, 12.29lbl and 12.29A', the requirement of paragraph 33.7. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, it is probable that the income will be reiVed 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 selllemenl 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 lo particular headings they have been allocated to activities on a basis consislenl with the use of resources. Taxation The charity is exempt from 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. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes. Further explanation of the nature and purpose of each fvnd is included in the notes to the financial statements. Page 13 continued...
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 DONATIONS AND LEGACIES 2021 2020 Donations and legacies 220,070 93,884 CHARrrABLE ACTMTIES COSTS Direct Costs Support costs Totals General 103,618 26,056 129,674 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 Dernber 2021 nor for the year ended 31 December 2020. Trustoes. gxpenses There were no trustees, expenses paid for the year ended 31 Dember 2021 nor for the year ended 31 December 2020. COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Reslricled fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 29,162 64,722 93,884 EXPENDITURE ON Raising funds 6,622 6,622 Charitsble activities Geneol 38,655 38,924 Total 45,277 38,924 84,201 NET INCOMEI{EXPENDITUREI 116,1151 25,798 9,683 RECONCILIATION OF FUNDS Total funds brought forward 75,806 43,806 119,612 TOTAL FUNDS CARRIED FORWARD 59,691 69,604 129,295 Page 14 continued...
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 TANGIBLE FIXED ASSETS Fixtures and fittings Computer equipment Totals COST At 1 January 2021 Additions 10,410 677 990 11,087 990 At 31 December 2021 10,410 1,667 12,077 DEPRECIATION At 1 January 2021 Charge for year 2,170 1,030 452 555 2,622 1,585 Al 31 December 2021 3,200 1,007 4,207 NET BOOK VALUE At 31 December 2021 7,210 660 7,870 Al 31 December 2020 8,240 225 8,465 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade debtors Other debtors Prepayments 62 5,550 17,916 4,850 13,799 18,649 23,528 CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Bank loans and overdrafts (see note 91 Social security and other taxes Other creditors Accruals and deferred income 3,397 763 197 26,341 1,120 258 6,445 7,823 30,698 LOANS An analysis of the maturity of loans is given below". 2021 2020 Amounts falling due within one year on demand.. Bank overdrafts 3,397 Page 15 continued...
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 10. MOVEMENT IN FUNDS Net movement in funds Transfers tween funds At 31.12.21 At1.1.21 Unrestricted funds Geneml fund Designated 1,295 58,396 30,975 36,995 36,995) 69,265 21,401 59,691 30,975 90,666 Restricted funds Restricted funds 69,604 52,995 122,599 TOTAL FUNDS 129,295 83,970 213,265 Net movement in funds, included in the above a as follows". Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 99.320 168,345) 30,975 Restrlcted funds Restricted funds 120,750 167,755} 52,995 TOTAL FUNDS 220,070 136,100) 83,970 Comparatives for movement in funds Nel movement in funds Transfers beeen funds Al 31.12.20 At1.1.20 Unrestricted funds General fund Designated 13,112 62,694 116,115} 4,298 4,298) 1,295 58,396 75,806 116,1151 59,691 Restricted funds Restricted funds 43,806 25,798 69,604 TOTAL FUNDS 119,612 9,683 129,295 Page 16 continued...
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 10. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 29,162 145,277) 116,115) Restricted funds Restricted funds 64,722 138,924) 25,798 TOTAL FUNDS 93,884 84,2011 9,883 A current year 12 months and prior year 12 months combined position is as follows.. Nel movement in funds Transfers beeen funds At 31.12.21 At1.1.20 Unrestricted funds General fund Designated 13,112 62,694 14,860 41,293 41,293} 69,265 21,401 75,806 14,860 90,666 Restricted funds Restricted funds 43,806 78,793 122,599 TOTAL FUNDS 119,612 93,653 213,265 A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows.. Incoming reSoUrS Resources expended Movement in funds Unrestricted funds General fund 128,482 1113,622) 14,860 Restricted funds Restricted funds 185,472 1105,6791 78,793 TOTAL FUNDS 313,954 220,301} 93,653 The restricted ftjnd relates to money received specifically for use on the programmes. Transfers between funds The Trustees continue to hold the 2022 programme running costs in reserves. The reslricled fund totalled £122,599 at the year end and so the Board have designated £21,401 to ensure that the programme running costs, estimated al £13k per programme, are included. This also includes £20,000 to represent the ongoing running Costs of the charity for the next financial year, £5k for Walk and Talk days and £15k for a kit-store and kil. Page 17 continued...
CLIMBING OUT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 11. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2021. Page 18