REGISTERED COMPANY NUMBER: 07596275 (England and Wales) REGISTERED CHARITY NUMBER: 1145674
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
FOR RED ZEBRA COMMUNITY SOLUTIONS
McCabe Ford Williams Chartered Accountants 2 The Links HERNE BAY Kent CT6 7GQ
RED ZEBRA COMMUNITY SOLUTIONS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Cash Flow Statement | 8 | ||
| Notes to the Cash Flow Statement | 9 | ||
| Notes to the Financial Statements | 10 | to | 15 |
RED ZEBRA COMMUNITY SOLUTIONS (REGISTERED NUMBER: 07596275)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 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 March 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 charities mission remains the creation of stronger, healthier communities by supporting people and organisations to improve their wellbeing. We are passionate about improving local services, increasing access to them, and promoting equal opportunities for everyone.
Public benefit
Trustees are aware of the Charity Commission's guidance on Charities and Public Benefit. In particular, the need to demonstrate an identifiable benefit and to show that the benefits are open to a section of the public that is appropriate to our aims. This report provides information about the charity's aims, activities, and achievements. The trustees consider that this information demonstrates the clear benefits to our beneficiaries arising from our work.
Red Zebra provides support and services to a very large number of organisations and individuals with a dedicated and enthusiastic work force. In the future it will be critical for Red Zebra to be able to continue to offer effective support services.
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RED ZEBRA COMMUNITY SOLUTIONS (REGISTERED NUMBER: 07596275)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
STRATEGIC REPORT
Achievement and performance Charitable activities
Voluntary Services
Red Zebra has managed the Volunteer Car Service within the Whitstable CT5 area for over two decades. The charity continues to engage with over 40 local volunteers who help run the service and generously give up their time providing the charity with over 2,500 volunteer hours per year enabling it to function cost effectively.
During the past year in particular we have taken the opportunity to try and develop the car service into a much more rounded and supportive offering for its members, with a further 10% of members joining during the year to add the annual membership number.
Over 550 clients are currently using the service predominantly for medical appointments 4,050 trips, with another 1,519 trips that helped to reduced Social Isolation, and a further 300 trips enabling vaccinations to be received.
Our monthly coffee mornings held at The Waterloo Centre in Whitstable are continuing to go from strength to strength, helping us to engage with the local community and over 200 of our members. They are establishing an important link locally and are a great opportunity for Red Zebra volunteers to come together to share stories, exchange information, and enjoy some homemade cake!
We also work in partnership with a local business once a week to deliver a free cooked lunch to people we have identified as in need of a hot dinner. This year we have delivered over 400 donated meals but we would still like to do more. At Christmas a lunch was prepared and clients were invited to attend. Volunteer drivers provided the transport and 20 members participated. This was an opportunity to gather socially and celebrate especially for those who spend Christmas alone.
We work alongside the social prescribing team, often referring car service clients for extra support with care support, isolation, housing or any other need that may arise. We often say our volunteers are the eyes and ears of the service and we are able to respond quite quickly if we identify an issue.
Acts of Kindness - We continue to develop and nurture relationships with our clients. We acknowledge milestone birthdays with a special card written and posted by one of the car service volunteers. This means so much to the recipient and we have received amazing feedback. Gift bags are sent out to our most lonely and isolated members at Easter and Christmas delivered by our volunteer drivers. If we identify a client who may need a pick me up card or gift.
Social Prescribing
Red Zebra's Social Prescribing has gone from strength to strength with the renewal of our ICB contract covering Canterbury and coastal regions (Canterbury, Faversham. Herne Bay and Whitstable), as well as the continued success of our contract with Herne Bay Healthcare PCN. We have employed two new specialism roles of Childrens and Young Persons Link Worker and Substance Misuse Link Worker under their direction via the ARRS scheme. This enhances our offer supporting the surgeries with a reduction in GP appointments, and most importantly better health and quality of life outcomes for the patients.
Our community based Social Prescribers have concentrated on outreach opportunities where possible, conducting open house clinics in community settings, as well as delivering talks regarding how social prescribing can support individuals to various cohorts such as Sanctuary Housing, The WI, Pulmonary Rehabilitation groups and various factions of The NHS. We have also been involved in Cost-of-Living fairs and numerous community meetings to ensure we are working in partnership and cohesively within our 'eco systems'. Although Social Prescribers have seen an increase In complexity in regard to their clients' cases, the continue to engage them with a high level of professionalism and an empathic, holistic approach.
In the 21/22 financial year, our community contract delt with 719 referrals, 696 of whom had consultations and ongoing casework, with 34 clients re referring themselves into service. That means for this contract alone, we supported nearly 2 people every day of the year.
Community Development
Work continued with funding from Folkestone and Hythe District Council. The first in-person Meet the Funders event since 2019 was well-attended, with representatives from a wide variety of charity and community groups having one-to-ones with local and national funders. We were also able to hold face-to-face Network Meetings for the first time since the start of the pandemic, beginning with an event called All About Volunteering and Volunteers. It became apparent during Covid that training works just as well online, so the programme of sessions helping groups to set up with an appropriate legal structure, run effectively with good governance and look for funding continued via Zoom.
Alongside this, the Council funded some one-to-one hours for groups that needed support with setting up, governance issues or funding. Folkestone and Hythe District Council also gave a grant for work supporting the three community hubs that were set up during the pandemic, which have moved on to continue to offer services for the local community. Consultancy work also continued on a paid-for basis, with a range of support offered for fledgling and established voluntary and community sector organisations.
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RED ZEBRA COMMUNITY SOLUTIONS (REGISTERED NUMBER: 07596275)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
Strategy and Structure.
Other 'non-core' grant work Red Zebra had diversified into has come to an end and the charity has reduced in size accordingly enabling it also to change its management structure to further improve its financial position.
The new Senior Management Team is made up of the four positions mentioned above and we are pleased confirm they have secured an extension to the existing grants held by Red Zebra into 2024.
This extension, along with new enquires in has just received for further NHS funded contracts give the charity a solid financial standing and better prospects over the coming year 23/24.
Internal and external factors
Post covid many small charities have had to close due to a decrease in income they have seen linked to the changes in people's behaviour and more recently by the cost-of-living crisis.
Red Zebra has not been immune to these changes and therefore made the strategic decision to focus on its core offerings being the Voluntary Services it offers and Social Prescribing.
Financial review
Going concern
The trustees acknowledge that the charity has continued to reduce in size during the year 2021/22 but with the planned intention of becoming a specialist in the areas which provide its main sources of income.
The charity is in receipt of the confirmation of the extension to its main NHS social prescribing and voluntary sector contracts into 2024.
The trading position of the charity has improved with both this year and next year being expected to bolster its reserves.
The trustees have considered the operating position of the charity are confident the charity can continue to operate as a going concern for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Organisational structure
The Board meets on a regular basis to discuss strategy and governance. The day-to-day management of the charity has been designated by the Trustees to the Senior Management Team comprising of for senior staff:
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Voluntary and Community Services Lead
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Social Prescribing Lead
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Development Manager
-
Finance Officer
The Board and these individuals are considered to be the charity's Key Management Personnel as defined by the Charities SORP.
Red Zebra has reviewed its management structure during the financial year to reflect its activities and staffing. The management structure is designed to ensure effective delivery of its services and appropriate management and support for staff.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
07596275 (England and Wales)
Registered Charity number
1145674
Registered office
Unit B2 Clover House 1 Thanet Way Whitstable Kent CT5 3QZ
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RED ZEBRA COMMUNITY SOLUTIONS (REGISTERED NUMBER: 07596275)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
Trustees
Mrs F M Thomas Retired Teacher (resigned 1.12.22) A Gough Retired solicitor, now Chairman (resigned 1.12.22) R J Bradburn Consultant (resigned 1.12.22) Mrs H P L Thompson Barrister (resigned 1.12.22) Ms M Evans (appointed 1.12.22) Ms L Dearth (appointed 1.12.22) Ms C Daone (appointed 1.12.22)
Independent Examiner
McCabe Ford Williams Chartered Accountants 2 The Links HERNE BAY Kent CT6 7GQ
COMMUNITY DEVELOPMENT
Red Zebra continue to support new and existing local community organisations providing guidance on formation, funding, training, and operational policy requirements. We have had some noticeable success in this area and our facilitation of capacity building remains in demand.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Red Zebra Community Solutions for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware: -
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there is no relevant audit information of which the charitable company's auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 26th March 2023 and signed on the board's behalf by:
Ms M Evans - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RED ZEBRA COMMUNITY SOLUTIONS
Independent examiner's report to the trustees of Red Zebra Community Solutions ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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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
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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
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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.
Leigh Jones (FCCA) ACCA McCabe Ford Williams Chartered Accountants 2 The Links HERNE BAY Kent CT6 7GQ
26th March 2023
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RED ZEBRA COMMUNITY SOLUTIONS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 50,692 Other trading activities 3 10,727 Investment income 4 502 Total 61,921 EXPENDITURE ON Charitable activities 5 Charitable Activities 86,557 NET INCOME/(EXPENDITURE) (24,636) RECONCILIATION OF FUNDS Total funds brought forward 19,077 TOTAL FUNDS CARRIED FORWARD (5,559) |
Restricted fund £ 294,110 - - 294,110 284,303 9,807 20,259 30,066 |
2022 Total funds £ 344,802 10,727 502 356,031 370,860 (14,829) 39,336 24,507 |
2021 Total funds £ 464,033 6,976 714 471,723 619,307 (147,584) 186,920 39,336 |
|---|---|---|---|
The notes form part of these financial statements
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RED ZEBRA COMMUNITY SOLUTIONS (REGISTERED NUMBER: 07596275)
BALANCE SHEET 31ST MARCH 2022
| Unrestricted Restricted funds fund Notes £ £ FIXED ASSETS Tangible assets 12 - 840 CURRENT ASSETS Debtors 13 5,189 1,680 Cash at bank 9,876 36,569 15,065 38,249 CREDITORS Amounts falling due within one year 14 (20,624) (9,023) NET CURRENT ASSETS/(LIABILITIES) (5,559) 29,226 TOTAL ASSETS LESS CURRENT LIABILITIES (5,559) 30,066 NET ASSETS (5,559) 30,066 FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 Total funds £ 840 6,869 46,445 53,314 (29,647) 23,667 24,507 24,507 (5,559) 30,066 24,507 |
2021 Total funds £ 1,230 14,436 75,031 89,467 (51,361) 38,106 39,336 39,336 19,077 20,259 39,336 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
The financial statements were approved by the Board of Trustees and authorised for issue on 26th March 2023 and were signed on its behalf by:
M Evans - Trustee
The notes form part of these financial statements
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RED ZEBRA COMMUNITY SOLUTIONS
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash used in operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash (used in)/provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 2 Cash and cash equivalents at the end of the reporting period 2 |
2022 £ (40,546) (40,546) (1,080) 502 (578) (41,124) 75,031 33,907 |
2021 £ (93,205) (93,205) - 714 714 (92,491) 167,522 75,031 |
|---|---|---|
The notes form part of these financial statements
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2022
| 1. | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Net expenditure for the reporting period (as per the Statement of | ||||
| Financial Activities) | (14,829) | (147,584) | ||
| Adjustments for: | ||||
| Depreciation charges | 1,470 | 5,098 | ||
| Interest received | (502) | (714) | ||
| Decrease in debtors | 7,567 | 18,262 | ||
| (Decrease)/increase in creditors | (34,252) | 31,733 | ||
| Net cash used in operations | (40,546) | (93,205) | ||
| 2. | ANALYSIS OF CASH AND CASH EQUIVALENTS | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Notice deposits (less than 3 months) | 46,445 | 75,031 | ||
| Overdrafts included in bank loans and overdrafts falling due within one year | (12,538) | - | ||
| Total cash and cash equivalents | 33,907 | 75,031 | ||
| 3. | ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.4.21 | Cash flow | At 31.3.22 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank and in hand | 75,031 | (28,586) | 46,445 | |
| Bank overdraft | - | (12,538) | (12,538) | |
| 75,031 | (41,124) | 33,907 | ||
| Total | 75,031 | (41,124) | 33,907 |
The notes form part of these financial statements
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on a straight line basis Computer equipment - 33% on a straight line basis
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.
Going concern
The trustees acknowledge that the charity has continued to reduce in size during the year 2021/22 but with the planned intention of becoming a specialist in the areas which provide its main sources of income. The charity is in receipt of the confirmation of the extension to its main NHS social prescribing and voluntary sector contracts into 2024.
The trading position of the charity has improved with both this year and next year being expected to bolster its reserves.
The trustees have considered the operating position of the charity are confident the charity can continue to operate as a going concern for the foreseeable future.
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
2. DONATIONS AND LEGACIES
| Fees receivable Donations Grants 3. OTHER TRADING ACTIVITIES Transport scheme membership 4. INVESTMENT INCOME Deposit account interest 5. CHARITABLE ACTIVITIES COSTS Grant funding of activities Direct (see note Costs 6) £ £ Charitable Activities 319,454 320 6. GRANTS PAYABLE Charitable Activities 7. SUPPORT COSTS Information Management Finance technology £ £ £ Charitable Activities 31,697 278 99 8. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2022 £ 31,007 2,452 311,343 344,802 2022 £ 10,727 2022 £ 502 Support costs (see note 7) £ 51,086 2022 £ 320 Other £ 19,012 2022 £ 1,470 |
2021 £ 71,715 8,949 383,369 |
2021 £ 71,715 8,949 383,369 |
|---|---|---|---|
| 464,033 | |||
| 2021 £ 6,976 2021 £ 714 Totals £ 370,860 |
2021 £ 6,976 |
||
| 2021 £ 30,753 |
|||
| Totals £ 51,086 |
|||
| 2021 £ 5,098 |
Depreciation - owned assets
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
10. STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows: Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 88,092 Other trading activities 6,976 Investment income 714 Total 95,782 EXPENDITURE ON Charitable activities Charitable Activities 147,836 NET INCOME/(EXPENDITURE) (52,054) RECONCILIATION OF FUNDS Total funds brought forward 71,131 TOTAL FUNDS CARRIED FORWARD 19,077 |
2022 £ 295,071 295,071 2022 15 Restricted fund £ 375,941 - - 375,941 471,471 (95,530) 115,789 20,259 |
2021 £ 438,157 438,157 2021 22 Total funds £ 464,033 6,976 714 471,723 619,307 (147,584) 186,920 39,336 |
||
|---|---|---|---|---|
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
| 12. TANGIBLE FIXED ASSETS Plant and Computer machinery equipment £ £ COST At 1st April 2021 23,890 26,958 Additions - 1,080 At 31st March 2022 23,890 28,038 DEPRECIATION At 1st April 2021 23,675 25,943 Charge for year 215 1,255 At 31st March 2022 23,890 27,198 NET BOOK VALUE At 31st March 2022 - 840 At 31st March 2021 215 1,015 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Trade debtors 5,643 Other debtors - Prepayments 1,226 6,869 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Bank loans and overdrafts (see note 15) 12,538 Trade creditors 1,739 Social security and other taxes 3,975 Accrued expenses 3,135 Deferred grants 8,260 29,647 15. LOANS An analysis of the maturity of loans is given below: 2022 £ Amounts falling due within one year on demand: Bank overdrafts 12,538 |
Totals £ 50,848 1,080 |
|---|---|
| 51,928 | |
| 49,618 1,470 |
|
| 51,088 | |
| 840 | |
| 1,230 | |
| 2021 £ 10,931 3,166 339 |
|
| 14,436 | |
| 2021 £ - 1,658 4,636 8,401 36,666 |
|
| 51,361 | |
| 2021 £ - |
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
16. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated Fund Restricted funds Restricted Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS |
At 1.4.21 £ 9,201 9,876 19,077 20,259 39,336 Incoming resources £ 61,921 294,110 356,031 |
Net movement At in funds 31.3.22 £ £ (24,636) (15,435) - 9,876 (24,636) (5,559) 9,807 30,066 (14,829) 24,507 Resources Movement expended in funds £ £ (86,557) (24,636) (284,303) 9,807 (370,860) (14,829) |
|---|---|---|
Comparatives for movement in funds
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 8,326 | (52,054) | 52,929 | 9,201 | |
| Designated Fund | 62,805 | - | (52,929) | 9,876 | |
| 71,131 | (52,054) | - | 19,077 | ||
| Restricted funds | |||||
| Restricted Fund | 115,789 | (95,530) | - | 20,259 | |
| TOTAL FUNDS | 186,920 | (147,584) | - | 39,336 | |
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 95,782 | (147,836) | (52,054) | ||
| Restricted funds | |||||
| Restricted Fund | 375,941 | (471,471) | (95,530) | ||
| TOTAL FUNDS | 471,723 | (619,307) | (147,584) |
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RED ZEBRA COMMUNITY SOLUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
16. 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 1.4.20 | in funds | funds | 31.3.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 8,326 | (76,690) | 52,929 | (15,435) |
| Designated Fund | 62,805 | - | (52,929) | 9,876 |
| 71,131 | (76,690) | - | (5,559) | |
| Restricted funds | ||||
| Restricted Fund | 115,789 | (85,723) | - | 30,066 |
| TOTAL FUNDS | 186,920 | (162,413) | - | 24,507 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS |
Incoming resources £ 157,703 670,051 827,754 |
Resources Movement expended in funds £ £ (234,393) (76,690) (755,774) (85,723) (990,167) (162,413) |
|---|---|---|
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
18. USE OF CHARITY FUNDS
The charity acknowledges the use of restricted funds to temporarily assist with its cashflow requirements during the accounting period. Reductions in overheads have been made in the current account period to ensure this practice is not repeated.
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