Charity re&>istraiion number.. 1146664 Spectrum WASP Annual RepoTt and Financial sleMents lor the Year Ended 31 March 2023 Cnrtununity Accountiii¥ Plus Uiiit% l & ? North Wcst 41 Talboi Strcet Nottingha NGI 5GL
Spectrum WASP Contents (contlnlled) Rcfcrcnce and Administrative Dctai18 Trusl¢¢s' Retrt)rt 2105 liidepcndent Exatrunel.s Rcpon Statemrni ot'Financial ActLVities 7 tLI8 Bdlance Slieet Notes lo the Financial SLattJDenis Ioto 18
Speetrum WASP Reference and Admillistr2tSve Details Trustees IILaihEr Ji)hTrstc)ii¢, Chair Jessica Mason, Secre Andrea Mellors Becky HeTward Nicola Bowejs Judi Radford Charity ReIStration Number 1146664 Principal OlCe First Fluur RaMsuJ)i Hdll RAn%()m WtK)d Mansficld NollinghaTnsliire NG21 OHJ Indepedet Examiner John 0'Bri. ernployee or CoinnJlli)iiy Alcouiilillu Plus UniL¥ l & 2 North West 41 Talbot Strccf Notiingham NGI 5GL Page I
Spectrurn WASP Trustee5' Report Th¢ rrnstccs prescllt the <tnnua] report tO¥eEher with the finanLial statetnents ul. the charity tor the year ended 31 March 2023. Tru$tee5 &nd officers The tNSfc¢s offJ¢¢rs serning dui'ing th¢ y¢ar and sincc thc ycdr cnd w¢r¢ as follows.. Tsts.. Heather John510ne. Chair Jessicd Masots. Sccrttary (apwinied 2 November 2022) Andrea MLllvrs Becky H¢Jward Nicula Bowers Judi Ra(Iford Sally Townsend Iresigned 2 NoveJnb¢r 2022) Julie Harpei (resigned 2 Novembcr 2022) Structure. governanfe My4n4geDn( Thc cl)arity is operated under thc Nles of its con%titution adopted 29th March 2012 and most rcccntly atncndcd April 2021. Objectlves and ¢dvltles Objeclf im.s SPF.CTRUM WASP- 15 a 'Not for Profit, Organisati¢)n. Thc aims and objcctivc% arc to raisc Funds for the Sole benefit ofchildTeD and Young Pcople in the Lommllnity. to acces5 'Specirum Wasp, cau5e5. and gtyal8. l. To provide Support, Guidance and infomt#iion for Parentslcarers and siblin of ChildreJ] and YL)wiu Pe4)ple the SpcctNm. 2. To raisc Awarcn¢ss vf the etTeLiS of Auii.%rn, ADHf) ui)d A.spcrgcr SpeclTum Distsrdcr. Di.$abililics and Special Needs. with Lhildrvn and Youiig People IH our Coinniuniiy. 3. Tts pruvide Training opponwiities lor Parentcr¢rs to support them Laring tibr th¢ir Cliildren and Young Pcople who cali Aomciimcs bc incrcdibly C liallcnging. 4. To provide a varied meiiu of Aciivi¢ies for our scIal C.hil¢JreD in order to enh)ce their qlitY ol. life. Page 2
Spectrum WASP Trustees, Report (continued) Ohjectiwes, s¢MlÈgies wid aLliviiies The aijn Df ollr.SpcctnJm WA.SP ¢hatEry is to support local Childrcn and Young Pcople on ihc Autisuc .Spcctmm with Disabilitics, Spccid and Addiiional Needs. We al.%0 support sihling.s and familic.% within Rainwonh. Blidworth, Man%field and surr()undiftg area5. Somc of OUT familics arc di.%advantagcd, on low incomc with no outsid¢ suppurt. Thrvugb vur monthly actiNTrties and wurkshopA¢dmIng prvgrammL. our (Trbjcctivcs are to provide support iji hedlih ld wLllbLin¥J lifL' %kill. ILaminuF, social inteTdLtions, fiicndship groups and fi]tJ. Wc a150 providc help for our pareiiis and iarir% ihrough a ¢omprchensive trdiiiing programjnc thai Supports in ¢3ring tor thcir ehildrcnlyoung pcoi)Ic wlith frequeiiily demoiistratc very challcn8ing bch&viour. ChildrenlYoutg E)¢ople in thc lTrcal attd widcr cc>mmunity ot'Nnttinghamsliire who arc on thc Auii%tie SpLCtrum along with their sibliiig8 and tarnili¢gJcarc will bcncfit from our projcct. Wc providc a nttwotk of gupport for all tamili&% Ihrou8h tTainiTJg (Trpportuniti&%. tneetin&% and.%iTrcitsl LVLnts whL'fL' &ihling8 arc included in MlY of our aciivitics. Oi'Lr thL la%t 14 years we liave currently supportcd ovcr 550 Children, a% well as iheir familie4 and carcrs. who all bcllefit from the Icaniiiig opi)OmllJiti¢s. activiiies and lifc skills programmc. Tlic support kindncss and underntsnding that group PFovidc5 10 both parcntslcarcr.% and childrcnlyoun¥ peopl¢ has bccomc invaluablc io thcm and improve(I the quality of theTT lives. Public benefit Tlie acliviiie5 and services our el]llY bring t4) Ihv publi¢ is invaluable for the support thal is offered to Childr¢n, YtsunbT Peopltt, Parents and Carers. Thc mLStecs confimi that thcy hav¥ complied Mrith the requireEncnts of section 17 of tbe Charitics Aci 201 I to havc due rcgard ID the public k.nefit guidancc publishcd by the Charity Commi.£sion for England and Walcs. A¢hlevement5 and performance Oi) our rcgistcr we hai'L curreiitly supported over 550 children/young people over the last 14 years. this figure is con%iantly incrcL%ilib ihrough our Short Brcaks respite care which we vffer ihrtsu¥ph a ieH-yeaT lendeT with Ni)ttinbtrh8m.%hirc Ciiuiiry Ci?utlLII, this is 10 CLid iii 2112¥. Wc havc ur hdb'c Pirtc IlcTrust al Ran)[n Wi)I Mansticld, which 1.% set in a wTriidcrful outdoor spacc. cnvironintni gIlg the TrppTrrtuniry to providc a varied programmc of iiidooi/outdoor trainiiig and l¢aming a¢tiviti&%lwthrkshops which wc havc now i)ccii p¥nviding oi'er thc lasi cight year.%. W¢ need to Sustain fiding to continu¢ grong wirhin our local COTnmunity as thi. need is very much showii to be Iherc. Wc provide Activi(ie&lLearning and Lifc Skills Work5hoi)5 which in¢ludes Paediatric First Aid, OnlinE Training with Bluc Sireafft academy also working alongside tsur lo¢al College Vision Wc5t Notts. Throughout the year wc ru# our School Holiday prowanunes which it)cludes activitics such a8 F()otball. Bowling. Switntning. Bike Club, Ro1d¢n11a] Brcaks aiid Training Wi)rksh4)p% ttL. fvT our Lliildreiilyouiig peoplelsiblinkvs, parent4 and carcr.£. Some C'hlldreiioUn8 Peoples di%abTliii¢E are not alway5 Vlbibly ideiitiljable, bui the rnajoriLy uf our Cliildrenlyoung people have tt diagnosi.s of Autism. we also coi'er a wide range ol'medical GoiidilJ0115. We have expalldcd our c¢nts progrdmme in line with requcsL% from our petsplc ttr incorpnratc our Tccns Club. on a Friday evening for our I 1-111 ycars old, which consists of out and about aciivitics cncouraging creativity. social inlci2clion, ieam building. frien(Lship groups and lifcllearning skills. These se%sions cncouragc social eng&bJ¥meni and helps frjends'hips to form. making li a safe thivironmeni ond welcomtn place (o be. The Natiotial Loticry C(>mtnwiity Fujid Grani lias hclpcd lo sustain Speriivrji WASP over thc last year, we arc iiow in our sccond ycar of a threc-ycar tunding gTant. This ig giviiig growtli towards Spcciwm W ASP 'Moving forward into the fututc.. A Rig 'Thank you, for all the %uppoit li.om our CiraiiLsl Donalionhl Voluiiile Fundrai.%er81 Ttusteebl PaTeJJLI Larersl Children and yowig people."Withoui you there would be no us." Pa8¢ 3
Spectrum WASP Trustees, Report (continued) FlnHncRal revlem. Due io Llie TNLCF SUPTM)rting a IOOA c(Trst of living Lrisis GTan¢ lor th¢ 2023 & 2024 in our several core areas and our firaisinbT (o develop SpectNm WASP, v4e have been able to IrraSt our r¢s¢rve pot by £20,000 whiLIi &TiV<S us susLLinability- Policy reserves Spectrum WASP have put together & £50.000 Reseyve Pot. PI8D$ for future perlods Aim.$ 4lld ky objecliveslorfmiureperiod Sp¢LlI'wn WASP are now susiajnvd utxiil DeceinbeL' 2024 with our coiv Losls froni TNLCF. howei'ei., due lo the r25c in Childrcn, Young People and bwnilic.% acccssing our 5crviccs who ar¢ iii ¢risis {OUF numFKrs havc grow fourtold), we will nccd to slart looking for fuiurc fvnding ro support Lhi.% Hccd. Pd&ie 4
Spectrum WASP Trustees, Report (continued) St2r¢m¢nt of Trustees, Rtspon5ibilTties Tlie trusi#es are iEsponsible fvr pr¢paring the tru5te¢s' report and the financial SL2t¢ments iA acLorddnce wtth the United KingdoJn Accounting Standards (United Ktngdoin Gcnerdlly Accepted Accounting Prdctice) and appliLablL law and rcgulalions. The law applicable lo chariitcs requiirs ¢h¢ Irusieeb io prcparc financial stsliemcnts for each flnancial vear which give a true and tair view of Ihc state ot. atlairs of ihe charity and ot thc incoming rcsourcc.% and appli¢a¢ion of resollrccs ot the charity tor tha¢ period. Ill prcparing thcsc fiiiancial qthtemeni& the tsustees att reqUId to.. sclcct suiiabll aCL¢)Unting polickcs and thcn apply tlieiii Lons*st¥tktly.' (Trbservc di¢ mcthvds and principles Ln the Charitics SORP,. make judg¢m¢nts wid estimalcs that are reasonable and prudenl state wh¢Lhcr appliLable ac¢owitinbT Stdndaids havc been followed, subj¢ct to any matcrial dcparturcs disclosLd dnd cxpldinLd in th¢ fJt5anci(il stsiements: and prep2rc thc flliaiicial statcmcnli tJ)¢ 8OIII8 concern basis unless it is inaM)ropriate to presume that tbc Charity will continue iii bu5incss. The tn]stees are re5ponsiblc for kecping PTopcr accounting rccords that disclosc reasonablc accuracy at any tim¢ th¢ fJndn¢ial pvsitlDn of the charity and cnablc thcm to ¢nsure that the financial statelnents comply widi thc Clidriii¢s Art 201 I, the Chariiies IAccounts and Repurts) R¢uwlatioDb 2008. and tjje provisions the nstitutiun. Tl)¢ tTUStees are also responsible for si1feaTding the assets of the ¢harity and hence fur tsking reasonable steps tor the preventiUE] dnd dv¢ection ol'frdud dnd other Irr¢¥u1(ls. The tnJSLces are fesponsibl¢ for the mainienance and inlcgrity ot th¢ Corporate and financial information iuded on thc ch8ritshle ¢i)mpany's M'ebsitc. Lcgislaiion governi118 the preparation and disseminatiDn of rmallcial ststeilleiits znay diftcr trom IcgislatlOL) In other jurisdictions. 13.09.2023 Approved by the In]se£ of ihe chariry oil ......... ... . ld signed on its bchalf by.. Hcdllier Johnstone Truste¢ Page 5
Spectrum WASP Independent Examlner's Report to the trustees of Spectrum WASP IndepeDdeDt ex#min¢r's report to the tnistee6 of Spectrum WASP I rcport to thc trustees on my exnaaU0n of the accounts of Spectrum WASP (the Charity) for the year ended 31 Nfarch 2023. Responslblllties 8nd basls of report As Ihc iw5lec5 01. Ihe Lharity you are re%tK)iisiblc for the preparation of the accounts in accordance with the requirenicnib ofthe C'hitIeS Act 2011 I'the ACV). I rew)rt in respect ol. my examination of the Charity's acLounts carried oul under sectivn 145 of t]ic 2011 AL and in ¢arrying OUL my cxaminaiion I have followed all (he applicablc directioiis giv¢n by the ChaTity C.ommi&sion under section 1451510)) of the A¢L Independent eiamlner's staternertt ince the Charity'.5 gross incojnc cxccEd¢d £25(Tr,000 your cxaminer must be a mcmber of * body listed in section 145 of the 101 l Act. I wnfirm Ih&i¢ J am qualified lo undertdke the examition beLause l d m¢mb¢r and Fellow uf thc Asso¢i2tion of Charity Indcp¢ndent Ex(UninCFS. whith ib onl of thc listed bv(bLS. I hav¢ Lnmplctcd my exdmiiidtion. I conflrm thilt iiu indtlLrs havL curne to my dttentivn in Lonnection with th¢ cxatnsnation giving mc ca¢ to believe thar iii ]Y tnateriaj rcspect.. ccounting rccor(L% werc not kept in r¢spcci of thc Charity as rcquircd by section 130 of the Aei or 2. the Jccoutjts do not accord wth thosL r¢Lor(Ls.' or 3. thc accounts dn Dot comply with the 8¢¢tsunLing rcquiremciits cf)nccming the forni and conieni c)t- accounts qet out in the Chariti¢% (Accounts and Rcports) Rcglllations 20()8 othcr than any requirement that the accf)unL% ¥ivc a 'tnLC and faiv view whieh is not a matter ¢Dn%idered part of an independent cx&minatioD. I havL no ctsnccms and havc cume aLf05S othei matters in LoDncLtion with the CX¢iLnination to which attcntitsn should be drawn this r¢porl in order to eDable a proper understan<ting of the accouRts be reaclied. John O'Brien Msc, FAIA, FCCA. FCIE. employec ot-cotnmunity A¢¢tsunting Plu Fellow of thc Association of Charity Independeni Examincrs Units l & 2 North Wcst 41 T&llii)t Strcet Nottiiigham NCII 5GL Date.. 14.09.2023 Page 6
Spectrum WASP Statement of Financi&l Activitie5 for the Year Ended 31 March 2023 Total 2023 Tut#l 2022 Unrestricted Re$trl¢t¥d Note lll¢ome and ETrdowments from: Donations and legacie5 Chdritable uciivilles nther tradiRg activities 31,208 31.208 221.483 1,267 16,426 221,483 1,267 3,277 Toral Income 32,475 2?1.483 253.95g Expendlture on". Charitable activities 118.748) 1164,2831 1183.031) 1130,841) Expet]diture 118,748) 1164,2831 IX3.O311 1130,841 Ncl incomc Gross transfers between funds 13.727 57.200 70.927 10,273 Nei muvemettl in tilltds 13.617 57,310 70.927 10273 RecvllciliatlDll of funds Toidl funds brou¥7ht ftsaTd 66.969 32,899 99.868 89,595 Total funds carried lorwaxd 14 80.586 90.2UY 170.795 99.1168 All of th¢ charity's aitivities derivL fnim uiNitinuillB operations during the above two pcriods. Thc funds breakdown for thc perivd Is shown in notc 14. The notes on Pdges 10 to 18 form intrgral part of these fiTJancial sta*ments. Pag¢ 7
Spectrum WASP Statement of Flnan¢lal Activities for the Year Ended 31 March 2023 (continued) These are the flgures fur the pr05 accuuntlDg pttriod nd #re included for cvmpxrxtlve purpo¥¢s Ttal 2022 UThre5trlettd ReAtrieted Note Income nd F.ndowment5 from- Dundfivns and legacies Charitsble acTlVItL¢S Other Irading aclivitie5 16,426 46.284 3,277 16.426 121.411 3,277 75.127 Toial Income 65.987 75,127 Expendlture un: Charitable aciivities 157,968) (72.873 Total E%pcndi(ure 157,9681 {72,8731 1130,841) Nel incomc Gro iTiThfers b¢twcLn fvnd5 8.019 110.0961 2,254 10,096 10.273 Ncl movL*nLnl in fi]nds 12,077} 12.350 10,273 Re¢Ollciliatio of funds Ttrtal fundb brought lorward 69.046 20.549 89.595 Toul kimds carrted forwurd 14 66.969 32,1199 99,868 The notes on pages 10 10 18 fornj an iniegrdl part of these finaocial staten]e]JlS. Page 8
Spectrum WASP (Registration number: 1146664) Balanee Sheet as at 31 March 2023 2023 21122 Fixed a55ets Tl8ible asse¢s 10 490 Current assets Debtors C&sh at bal and in halld 514 173,602 .355 101,974 12 174,116 103,329 Creditors: Amounts f*lllDg due within OTh¢ ye#r Net eurrent g¥$ets 13 {3.3211 13,9511 170,795 99,378 Net assets 170,795 99,868 Funds of thL charlry: Restrieted income funds Rcstrictcd tund8 14 90.209 32,899 urtrIct¢.d IDtvmc funds Uniestricted funds 80,586 66,969 Ttstal fuNds 14 170.795 99.868 The financial Etatcmcnts on page5 7 to 114 were approved by the trllstees, gmd authorised lor issue on 13.09.2023 and signed on thcir khalf by= Andrca Mrllors Trustce TypÈ text here The notes on Pdges 10 to 18 fonn i2Jt¥gral part of these findncial stst¢nJ¢nis. Page 9
Spectrum WASP Notes to the Flnanclal Slatements for the Year Ended 31 March 2023 l Accuuntlnx pollties Stlcment Df compllance Th¢ linanctal SthlctnenL% havc bccll prepared im accoTdan¢e with Ihe second edilioii of Lhe Ch&ritics Smtcrncnt or Recomniended Praciice Iue in Ociober 2019, the Fin1claI Repotiiiig SLandaFd Y4ppli¢able in the Uniied Kingdom and Republic of Ireland IFRS 1011 anil th¢ Ch2ritics Act 21111. B$ts vfprL'paratlon Spectsuin WASP inee15 the d¢fiiiition of a publi¢ benefil erttiiy uoder FRS 102. Asse¢b wid liabiliiies are iniiially recog1ed at liibloi'ical cosi or lran5aclion value unlests (btherwise stated the relewaThi dccountifig wlicy notes. Exemption from prep&rin% a t#sh flom. stateeThI Th¢ ¢harity opied io klY IOpl B[ctin I publishcd on 2 Febru#lry 2016 and havc therefore nui included a cash flow statement iIJ these fli1iLla1 .%trdtcmLnts. Going Concern ThL fin&nci&] stalfn)¢nts have been prcparcd on a going conccrn b&8iS. Tht trnsiccs &ssc.%s whcihcr th¢ use of g02ng concern is appropriate i.e. whether there arc any material un¢eriainti&% relat¢d to c%'cnts or conditions that may cast signifjeant doubt ()tJ thc al)ility Ot the cliarity iD contÉttu¢ as a goiJu concem. Tbc trustees make this asse5STnent in respcet of a period of onc ycar from the date of ilPPfL)Vdl of thL fillanLuI stdtemLnts. Income gjnd erEdowments Volunw in¢omc Eiicluding donations. gifts, legaeics and grants that pr(Trvide Core fuiiding or arc of a gcncral namre is recogniscd when tht charity has Ciititlement to the illcotne, it 18 probzble tjiai the sncome will be rcccived and the amouni ¢an be mca5ured with sufficicvl reliabili¢y. und legaries DLinalions and legacies are recognised on a receivable basis Wh receipt is probable and the amount can be reliÉtbly meJsur¥d. Expenditttre All expenditure is reLL)gnised once iherv ts a legal or consiruLlive obligation io thdi exp¢Thditure, it is probable s¢til¢men( LS Tvquired and the (Lmount Lan be meawred reliably. All tyosts are allvLdted to the applJLabl¢ expendiwre heading tliat ag&iregates Simil ¥(Trsts to ihat Liitvgivry. Where Lostts Ldnnut be directly atti'ibuted to particuliir hcddings they hiiVL b¢en alloL£ilLd d basis LUDSlSl¢ni with thc usc vf rusoui'cc5. with Lcntt'al staff L(i.%ts allocatcd i)T) thc basis of timL sp¥iiI. and dLpfLLl¥ti()n chargeE allc?CdLLd Ihc p()rtion of the ab8el'S use. Other.%upport costs are allocated ba%¢d on thc sprcad ot'8tstl eosLS. ChArithble 4cliviliÉs Lharilablc expcnditure comprises those COS incurred by ihe chariiy in Ihe dclivcry of iL% aciivities and %crviccs for its bcneficiarie%. IL iiiclude% boih costs ihat can be alloclltcd directly to such activities and those COSLS ol. an indire¢i iuture necessary lo supw)ri thrm. P&ge 10
Spectrum WASP Note5 to the Financial Statements for the Year Ended 31 March 2023 (continued) Taxatlon Tlie chai.ity is considered to p&ss the tests set oui in Piiragraph I Schedule 6 of the FiDancx A¢t 2010 and theretore it iyieets the definition of a cliarirable coinp8tJy for UK curpuialioD purpose5. Accoiylinbily. the charity is poi¢ntially cxcmpt ftDL)I tdxalion in respcct of incom¢ or capital ¥ditts rLLLived witliin cat¢syoiies Diicred by Chaptcr I Part I l of th¢ Curporatiun Tax Act 201 O or S¢etion 256 of thL T&xdtion of ChargLdblc Gait)8 Aci 1992. 10 ihc exteiit that suLh income or gains drL' applied exclusively to charitable purposes. Tangible fixed *55ets Individudl fix¥(l a&s¢ts cvsting £5011 or mui'L dr¥ initldlly rrLor(i¥d at cost. l¢ss any subsequent ac¢wLulat¢d dcpieciatloll dnd 5ubscqucnt acLumllldtLd Jmpaimllt Ios5e5. DtpreclatloR and amortl$atlon Dcprcciation is providcd on langiblc fixcd asscts so as to writc oif the Colt or valuation, le5 any esiim2ted residual value, uver (lJ¢ir expeclcd uscful e¢onomit life as follows.. A55Ct cla55 Comi)utcr cquipment Depreeladon mtthod Ind rate 33.30/0 5trasglii line basis Trade debtors Trade debtors arc n0llnts due trom customers for merchandisc sold or services perfomed in the ordinlry course of busiiiess. Trade dLbti)rs arL reL(IlS¢d iiiitially at tli¢ transaLtioii priLC. Thcy are sub5e4uently measured at amortis¢d Lusi iiig tht ¢ffe¢tiv¢ inteTC8t mcthnd, Icss provision far imp4innent. A pmvision tor the iinpainnent of debtors IS ¢%tshlished whcn thcrc is objcciive evid¢r]¢c that the chariry will not be ahle tts collcct all amowits due accordii)g 10 thc ori8intil temts of thc rec¢ivablcs. C35h and cash equivalents Cash and cttsh ¥qUiTrdlenlS comprisc casli on hand call deposiW and odier sliurt-(erin kn"u]ily liquid i]ivcstmenL% thai are readily coiivertible to a known amount of cash and are subject to an Insignific1¢ risk of change ill valuc. Fund strllcre Unrestricted income tidS genera] funds thal are aV[ab]e for use at the tL7JStee5' diseretion in fiuth¢raTrc¢ of the objectives ut'the cliariry. Dcsignated fund5 are unre5tri¢icd fvnds and resources sei &$idc for spccifjc purposcs at the (bscretion of th¢ trustees. ReslriLied incoJ7Je fundb are those donated for use in 0 partiLular ajra or fw specifjc piupuses, ihe use of which i.s restricted to that area or purpose. Pagell
Spectnjm WASP Notes to the Finanelal Statements for the Year Ended 31 March 2023 (continued) 2 Incume from dongtlons and legacle5 Unr¢stritte4t funds General TotHI 2023 Total 2022 Donatiotts and legacies. Dontttions frLim CLimpani¥$, [nlS tjnd similar prted5 Donations from individuals 15,054 16,154 9.054 7.372 16,154 31,208 10,426 3 Int£ frorn £h&ritablt activities Restricted funds Totsl 2023 Total 21122 Short Breaks (Frants 66.353 155,130 66,353 155,130 46.284 75,127 221.483 221.483 4 1llcom¢ from other tr8dlng &¢tlvlties Unrestricted fund5 Gcn¢r81 Total funds Total 2022 Local fid[aiSIng 1.267 1,267 3,277 1,267 1.267 3.277 Page 12
Spectrum WASP Notes to the Ffinancial Statements for the Year Ended 31 March 2023 (continued) S Grants and donatlvns UDrestritttd fuDd5 Re&tricted lunds Total fuDds Barra(i Developments Blagg Plant Ilirc c.oin boxc8 Evints dupdlions Local tiivi118 National Loitcry Community Flliid Noitinuhamsbire C¢)unry CounLII Othcr donaiioiis from compLinics Paretti dondtiuns Parkin CoiitracLors 1.500 1.500 400 400 350 3,365 4.773 350 3,365 4,773 152.309 66,354 1.145 15,804 515 1.250 266 1,000 ?,420 1,240 152J(19 66,354 1,145 15,804 515 1,250 Park Retahl LTD Rtsbiii 14ood Lottcry Rolary Man5fTeld St Jarne's PlaLe Savanna Rags (Recycling) 1,000 2,420 1,24U 221.483 252,691 6 Stgff costs The agLsrLg&tc payroll costs were as follows.. 2023 1022 .Staff costs during the year were.. Wagcs and salarics Su¢i(115ecurity Losts Pension costs 118,086 8,202 1.2?2 85,595 5,615 1.390 127,510 92.600 Thc monthly average oumbcr of persons lincludiyjg sciiior manageellt team) employed by the charity dwitig thc year wL% aq follows., 2023 2022 No Number ol'anployees 15 312022- 3) of d)e above einploye participated in the Defined Cuntrtbution Pension Schemes. Contributions to th¢ ¢mployce PCTision schcmcs fDr thc year totxlled £1.222 {202? _ £1,390). No empluye¢ r¢c¢ived eniolumenls tst mL)re than £60.000 durin&y th¢ yvar Page 13
Spectrum WASP Notes lo the Financlal Statements for the Y¢ar Ended 31 March 2023 (contlnued) The total ¢mployee b¢nefitE of thc key management persontjcl of the chatity were £64,03712022- £62.393). 7 Eypendlturc on charli*ble aetlvltle5 Unrestricted Restrleted Tntgl 2023 Total 2022 CJtner#l Bank ¢harges Cleaning Lommuiiicalion% & sug¢ Don&tiDns given Fundraising costs Gifts & Jnedals Insur¢ Lcgal and prote5sional t¢es Mark¢ling & pllbltcity MatLt1al, ¢qllipmLfjlt & craft MembeTShips &.4ub%cripLiollb OffiLLI 8cncrnl adinjrt Losts Paymll fees Rates Rcfr¢5hmenL% & hospitality Rents & afflenilies Spor15 kits 8uiidry exptnsc Ti'al'cl, Lr&ining & volw)tccrs Wageb. s¢ssiolldl, Nl & pension rjcprccialion A¢tiviiies. residential, wtsrkshops & cvcnts 98 98 ?4? 615 143 1.077 2,179 830 1,666 757 4,773 390 106 242 615 143 1,077 2.179 830 1.666 757 2,171 390 382 134 246 526 l J52 6914 1.675 510 4,845 645 759 320 296 l.l76 6.857 864 40 1.005 92,600 490 2.602 382 134 323 1,479 9,081 2,0¥5 33 2,18(1 127.510 490 323 1.479 705 2,085 33 10 8,376 2.170 127.510 490 3.262 23,302 15.631 200 Supervision l R.748 164.283 183.031 130,841 8 Taxation Thc chdriry is a rcgistcrcd chority and is t]ietcfvrL' cxcmpt from raxatiun. Page 14
Spectrum WASP Notes to the Financial Statements for the Year Ended 31 March 2023 {¢ontinued) 9 Ind¥ptndent exmlner's (ee I)uring the pettod, the fees payable (excluding VAD to the charjty's independent exaiiiiner Community Accounling Plu5 arc aiialyscd as follow8.. 2023 2022 Independen¢ exaTMination Oihcr fLnaneial %ervi¢es g40 612 528 396 1.452 924 10 Tnglble fixcd a55tt5 Compter equipment Total C05t At l April 2022 1.468 1.468 Ar 31 mLh 2023 1.468 1,468 Dvprvclatlon At l April 2022 Charge for the ytar 978 490 978 490 At 31 March 2023 1.468 1.468 Net buok v#lue Ai 31 March 2023 At 31 March 2022 490 490 I l Debtors 2023 2022 Prcpayments Other debiors 514 1,127 228 514 1,355 12 Ca%h #nd cx5kn equivalent5 2023 2022 Cash oil hand Cash at bk 134 173.468 72 101,902 173,602 101,974 Page 15
Spectrum WASP Notes to the Finxncial Statements for the Yerdr Ended 31 March 2023 (continued) 13 Credltors: falllhg due wlthln one year 2023 2022 Uther lux10 and social 5ecurily Other creditors 2,481 114 3.300 651 3,3?1 3,951 14 FUd5 Bgl&nee at 31 Marc 2023 Balance at I April 2L122 Regourev expended resourtts Transfers Unre5tri¢ted funds G£nernl Gencra] 36,969 32.475 (18,7481 (20.110) 30,586 Deblgii4ied Iksignalvd 30,000 20.000 50,IX)O Total unrestYi¢ted (&S 66.969 32,475 118,7411 80,586 Restricted fund5 2024 Thc Natioi)al Ic)ttery Cominunity fund BC Whiteley Trusl SJP residcntLdl SkL&Tncss Jncals fur childrcn Core Costs - National lo(ry ¢ommwii(y fund Short brLaks 21.514 21,514 1189) (189) 12.491)) 14401 2,420 400 70 32.899 130.796 66,753 {1?2,545) 138.619) 41.150 27.734 TDt#l restrtLted fund5 221,483 1164.2¥3) 90,209 Total fund5 99,80R 253.958 183.031 170.795 Page 16
Spectrnm WASP Notes to the Financial Statements for the Year Ended 31 March 2023 (contlnued) The specifjc pury)oses for whieh tl)¢ funds are to be applied &s follows.. 2024 National lottery communiry fund - Funding from the N2tional Lot Communily Fund 10 sustain SpectiNin WASP for 3 years. Covering core costs Lll 5ever&l ar¢&s, and cover the cost of living iiicreas¢. R¢¢tived iii adNwice (or 2024. BC. Whitel¢y Tntst- Fun4 go (owardq thc cost of resideiitial. activiiics and ttii)d. SJP Re.gidential _ Funds- go towards the cos¢ of r¢5idcntial. activ¥iics aiid food. Skegn¢s$ meal for children Fund5 go toward% Ihc ci)SL of r¥%i(teniial. aLlivi(ith aiid food. Core cosL Fuiiding Iroill the National Lo¢L¢ry Coiiiinunity Fund to subthin Spectsuin Wabp for a further 2 year5. covering core cost in several (Ireas. Short Breaks- respite care funded by Nottinghamshire CouTrty Council. The designated fund is a ring-fenccd reserve (o cover core costs ifrequired. The tran$ter tr¢)m the general fund to die restri¢ied [ndS is to cover the defiLii ott th¢se aLtsvities. Thv transfer trom the general fund tu the designated fvnd is to increase thr reseryes. These are the flgures for tht preth$ #ccountsng period are In¢luded for comparattve purposes BalanLe gt 31 March 21122 Balance at I Aprll 2021 Incomlng resourte5 Resources cxpL'ndL.d Tr*nsf¢r5 Unrestrl¢t¢d funds Generql Gvneral 4R,067 65,987 (56,9891 120,0961 36.969 DeTiXiirtted D&%ignatcd 20.000 10.000 30,(100 Total llnrcstrletLd funds 68.067 56,989 I10,D96) 66.969 Reslrieted Core Cosis Nalional lotteiy con)muniry fijnd ActLVlties & residcnii21 trip% 54.187 (21.2881 32.899 ICINI Salaries (Boots) Salaries (NLCF) NCC LIS Aciivities 1ST) 20.94U 10.027 10,000 7.044 1.364 2.000 (10,IN)ai 17,044) (1.379) 12,054) 54 Total restyleted funds 20.54 75,127 172,11731 l U.096 32,1499 Tot#1 Cunds 88,616 141.114 11 ?9.862 99.868 Page 17
Spectrum WASP Notes to the Flnanclal Statements for the Year Ended 3] March 2023 (continued) 15 Analvsis of net a55ets between funds Unrestricted 2023 Total funds Gene1 De5i%natcd Restricted Current assels Current liabiliti& 33.907 13,3211 50,000 90,209 174,116 13.3?1) Total nct &Sscts 30,586 5U,OUO 90,209 170,795 Unresrrl¢lLYI 2022 Tot81 fund5 GeD¢ral DeslEnAted Re5trleted Tangibl¢ fixcd assets Curjrnt a5seis cent liabili(ios 490 4Q.430 13,951 490 103,329 3.951 30,000 32.899 Toial nct assets 36.969 -10,000 99.868 16 Rel4t¢d pxrty trnnsAetlons Th¢rc were nu rclatcd ptrty trdnsactions in thc ye. 17 Tru5tee5 rtmunerallun gnd exptnSL* No ini%tees, noi. any person% connected with them, hav¢ r¢¢eived any remuiieralion from thc chariLy during the year. No (C&S bave Teceiv¢d any reÉmbuTsed expenses or atry other blef1 trom the charity during the ycar. Page 18