| Contents | ||
|---|---|---|
| LEGAL AND ADMINISTRATIVE | DETAILS .. | 2 |
| THE REPORT OF THE TRUSTEES | ........................3 | |
| INDEPENDENT EXAMINER'S |
REPORT . | .11 |
| FINANCIAL STATEMENTS . | 12 | |
| NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023..........14 |
| the year ended | 31 | March | 2023 | |||||
|---|---|---|---|---|---|---|---|---|
| Restricted | ||||||||
| Unrestricted | Covid | Restricted | Total | Total | ||||
| Funds | Funds | |||||||
| Funds | Recoverv | Funds | 2023 | 2022 | ||||
| Note | Funds | |||||||
| Incoming Resources | ||||||||
| Grants 8 Donations | 2 | f13,842 | E252,058 | f265,900 | f298,644 | |||
| From Covid Restricted Fund." | f64,464 | |||||||
| Generated Income |
2 &3 | E103,838 | E103,838 | E66,614 | ||||
| Investment Income |
6 | f633 | f633 | f8 | ||||
| Total Incoming Resources | E118,313 | E252,058 | F370,371 | f429,730 | ||||
| Resources Expended | ||||||||
| Expenditure on charitable |
activities | 4 | (f82,447) | (f262,476) | (f344,923) | (f377,997) | ||
| Cost of raising funds | (f55,034) | (f55,034) | (E16,615) | |||||
| Governance Costs |
(f1,800) | (E1,800) | ||||||
| Total Resources Expended | E139,281 | E262,476 | f401,757 | E394,612 | ||||
| Net Incoming /(Outgoing) | Resources | (f20,968) | (f10,418) | (f31,386) | E35,118 | |||
| Net Movement ofFunds in | Year | (f20,968) | (E10,418) | (f31,386) | E35,118 | |||
| Reconciliation ofFunds | ||||||||
| Total Funds brought | forward | E202,755 | f132,811 | f335,566 | f300,448 | |||
| Total Funds carried | forward | f181,787 | f122,393 | E304,180 | f335,566 |
| As at31"March 202 | 3 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 2023 | 2022 | |||||
| FIXEDASSETS | |||||||
| Tangible Assets | f6,938 | f9,251 | |||||
| CURRENT ASSETS | |||||||
| Debtors Cash at Bank and in hand |
10 f2,159 f296,583 |
f2,648 f323,667 |
|||||
| f298,742 | f326,315 | ||||||
| CREDITORS: Amounts | falling | ||||||
| due within one year | 11 | f1,500 | |||||
| NET CURRENT ASSETS | f297,242 | f326,315 | |||||
| NET ASSETS | f304,180 | f335,566 | |||||
| CAPITAL &RESERVES | |||||||
| Restricted Funds | f122,393 | f132,811 | |||||
| Restricted Covid Recovery | Fun& | 2 | |||||
| Total Restricted Funds | f122,393 | f132,811 | |||||
| Unrestricted Funds |
f181,787 | f202,755 | |||||
| TOTAl CHARIYjf FUNDS | 2 | 6304,180 | f335,566 | ||||
| For the financial year ended | 31 March 2023 the company | was entitled to exemption | from audit | under section 477 | |||
| ofthe Companies Act 2006 relating |
to small | companies. |
| 2. MOVEMENTS IN FUNDS |
2. MOVEMENTS IN FUNDS |
At 1ltApril 2022 |
lolooaog Aaloolral Agoratod M |
otgolag RalOOflal |
At stat March 2022 |
||
|---|---|---|---|---|---|---|---|
| Restricted Funds | |||||||
| Ipswich Borough Council —Cash Grants |
f10,500 | f10,500 | f10,500 | ||||
| -Area Committees | f2,500 | f2,500 | f2,500 | ||||
| -Community Resilience |
Funding | E1,470 | E1,470 | E1,470 | |||
| Suffolk County Council | |||||||
| —Councillors Locality Funding |
f4,192 | f4,192 | f4,192 | ||||
| -Covid Memorialisation | Fund | E3,400 | E1,400 | f1,400 | f2,000 | ||
| - Physical Activity Strand | f21,280 | f4,600 | f4,600 | f16,680 | |||
| -Engaged Communities | E9,220 | f3,000 | f3,000 | E6,220 | |||
| East Suffolk Council | |||||||
| -Boost Grant | E2,427 | E2,427 | E2,427 | ||||
| -Community Chest Fund |
f4,446 | f4,446 | |||||
| Babergh District Council | |||||||
| -Annual Agreement |
f5,950 | f5,950 | f5,950 | ||||
| —Minor Grants | fl,000 | E1,000 | f1,000 | ||||
| Felixstowe Town Council | E960 | f960 | E960 | ||||
| NHS Suffolk & North East Essex ICB | E45,000 | E27,500 | E45,000 | E45,000 | f27,500 | ||
| National tottery Community | Fund | E27,500 | E50,000 | E52,500 | f52,500 | f25,000 | |
| Norfolk &Suffolk Foundation | Trust | f9,820 | E9,820 | E9,820 | |||
| North West Ipswich Big |
Local | Trust | E8,190 | F8,190 | E8,190 | ||
| Suffolk Community Foundation Suffolk Family Carers Mrs L D Rope Third Charitable Settlement |
f49,311 f11,000 |
f35,999 f10,000 E16,567 |
E67,810 f10,000 E11,000 |
E67,810 f10,000 f11,000 |
f17,500 E16,567 |
||
| Lift Community Grant |
E6,747 | E6,747 | E6,747 | ||||
| East Coast College Sport England |
f2,547 f7,493 |
E2,547 E5,033 |
E2,547 f5,033 |
E2,460 | |||
| Heart Research UK |
f7,920 | E3,900 | f3,900 | E4,020 | |||
| ASDA Foundation | E1,930 | E1,930 | E1,930 | ||||
| Total Restdcted Funds | f132,811 | f252,058 | f262,476 | F262,476 | E122,393 | ||
| Algocated to Restricted | Funds | f252,058 | |||||
| Allocated to Restricted | Covid | Recovery Funds | |||||
| E252,058 | |||||||
| Unrestricted Funds |
|||||||
| Grants &Donations | E13,842 | E82,489 | |||||
| Generated Income |
f103,838 | F56,793 | |||||
| Allocated from Restricted Covid Recovery Funds | |||||||
| Investment Income |
f633 | ||||||
| Unrestdicted Funds |
E202,755 | E118,313 | - | f139,282 | f181,787 | ||
| Total Funds | 6335,566 | f370,371 | f262,476 | f401,758 | f304,180 |
| Unrestricted | Restricted | 2023 | Total 2022 |
|||
|---|---|---|---|---|---|---|
| Produce & | Plant Sales | E10,277 | f10,277 | E7,198 | ||
| Placement | &Training Services | E12,405 | E12,405 | E7,375 | ||
| Activffub Sessions | 676,446 | f76,446 | f48,748 | |||
| Other | E4,710 | f4,710 | 63,293 | |||
| Total | f103,838 | E103,838 | f66,614 |
| 4. TOTAL RESOURCIN |
G EX | PEND | ED | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| cnaanaatf | GOVERNANCE | tOTAL | tOTAL | |||||||||
| Acovfflts | cosls | 2429 | 2422 | |||||||||
| Costs direcdy affoceted to | activities | |||||||||||
| StaffCosts | E136,156 | E136,156 | E180,902 | |||||||||
| Freelance mats | f40,697 | 640,697 | E34,124 | |||||||||
| StaffTravel & Expenses | 67,106 | f7,106 | E5,093 | |||||||||
| Volunteer Expenses |
E1,629 | f1,629 | E1,153 | |||||||||
| Project Expenses | f43,703 | E43,703 | f23,140 | |||||||||
| Venue Costs &Expense | f29,907 | 629,907 | f19,445 | |||||||||
| Suppnrt Costs affoceted to | actlvtffes | |||||||||||
| Staff Costs | E46,378 | E46,378 | E82,304 | |||||||||
| Office Expenses | 134,701 | E34,701 | 626,341 | |||||||||
| Travel | ||||||||||||
| Communications | E2,331 | f2,333 | E2,409 | |||||||||
| Depreciation | E2,313 | f2,313 | f3,085 | |||||||||
| Total Resources Expended | f344,923 | f344,923 | E377,997 | |||||||||
| 5. NET (OUTGOING) | / INCOMING | RESOURCES | ||||||||||
| Total | Total | |||||||||||
| 2023 | 2022 | |||||||||||
| ibis is stated after charging: Depreciation |
f2,313 | f3,085 | ||||||||||
| Pension mntributlons | 67,595 | E6,916 | ||||||||||
| 6. INVESTMENT INCOIIIIE | ||||||||||||
| Total | Total | |||||||||||
| 2023 | 2022 | |||||||||||
| Interest receivable | f632 | |||||||||||
| 7. STAFFCOSTS AND | NUMBERS | |||||||||||
| Total | Total | |||||||||||
| 2023 | 2022 | |||||||||||
| Gross Salaries | 1217,116 | 6197,074 | ||||||||||
| Employer's National |
Insurance | E12,85ii | f11,103 | |||||||||
| Pension Contributions | f7,595 | f6,916 | ||||||||||
| f237,569 | f215,093 | |||||||||||
| Number offull time employees | orfull time | equivalents | "FTE"r | |||||||||
| The average number | ofFTE, excluding trustees | &directors | = | 7.5 | 6.8 | |||||||
| There were no fees or other remuneration | paid | to any | trustee. | |||||||||
| There were no employees | with | emoluments | over f60,000 | per annum. |
| 9. TANGIBLE FIXEDA55E | 9. TANGIBLE FIXEDA55E | TS | CABIN | POITINNNEE | EQUIPMENT | Total | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| COST | ||||||||||
| At 31March 2022 | E14,422 | E2,650 | E25,716 | f42,788 | ||||||
| Additions | ||||||||||
| Disposals | ||||||||||
| At 31March 2023 | F14,422 | f2,650 | E25,716 | f42,788 | ||||||
| DEPRECIATION | ||||||||||
| At 31March 2022 | f12,783 | f2,650 | f18,104 | f33,5II | ||||||
| Charge for the year | f410 | f1,903 | f2,313 | |||||||
| Disposals | ||||||||||
| At 31March 2023 | f13193 | f2 650 | f20007 | f35S50 | ||||||
| NET BOOK VALUE | ||||||||||
| At 31March 2023 | f1,229 | E5709 | f6,938 | |||||||
| At 31March 2022 | E1639 | f7612 | f9251 | |||||||
| 10.DEBTORS | ||||||||||
| Total | Total | |||||||||
| 2023 | 2022 | |||||||||
| Trade Debtors | f2,159 | f2,648 | ||||||||
| 11. CREDITORS | ||||||||||
| Total | Total | |||||||||
| 2023 | 2022 | |||||||||
| Acuuals | f1,500 | |||||||||
| 12.INDEPENDENT | EXAMINERS REMUNERATION | |||||||||
| 2023 | 2022 | |||||||||
| f | f | |||||||||
| The independent | examiners | remuneration | amounts to an | |||||||
| independent examination |
fee of | f1,620 | f300 | |||||||
| 13.RElATED PARTY TRANSACTIONS | 2023 | 2022 | ||||||||
| f | ||||||||||
| The remuneration | ofkey | management | personnel | is as follows: | f72,829 | f68,620 |