``` REGISTERED COMPANY NUMBER: 08010191 (England and Wales) REGISTERED CHARITY NUMBER: 1149539 ``` ``` Report of the Trustees and ``` ``` Unaudited Financial Statements for the Year Ended 31 March 2021 ``` ``` for ``` ``` The Mix Stowmarket Limited ``` ``` Knights Lowe Chartered Accountants Eldo House, Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR ``` ``` The Mix Stowmarket Limited ``` ## **`Contents of the Financial Statements for the Year Ended 31 March 2021`** ||**`Page`**| |---|---| |**`Chair and Chief Executive Introduction`**|`1`| |**`Report of the Trustees`**|`2 to 9`| |**`Statement of Trustees' Responsibilities`**|`10`| |**`Independent Examiner's Report`**|`11`| |**`Statement of Financial Activities`**|`12`| |**`Balance Sheet`**|`13 to 14`| |**`Cash Flow Statement`**|`15`| |**`Notes to the Cash Flow Statement`**|`16`| |**`Notes to the Financial Statements`**|`17 to 31`| |**`Detailed Statement of Financial Activities`**|`32 to 33`| ``` The Mix Stowmarket Limited ``` ## **`Chair and Chief Executive Introduction`** ## **`for the Year Ended 31 March 2021`** ## **`An Introduction from the Chair and Chief Executive.`** ``` A National Children's Bureau report by Helen Cowie and Carrie-Anne Myers (Nov 2020) concludes that ``` ``` "There were many issues that children and young people faced before the pandemic and some of these have now been exacerbated by it and remain a priority to be urgently addressed." ``` ``` The challenge for The Mix could not be clearer.In light of the events that shaped this year, we committed ourselves to playinga key role in our communityto enable the generationwho have been most significantlyaffectedby the COVID pandemic,to flourish.From the outsetof the pandemic,whichhas spannedthe whole reportingperiod,our priorities and strategy were shaped by the necessity to respond to the immediate and emerging needs of young people. ``` ## **`Impact on our services`** ``` Fromtheonsetof thefirstlockdownin March2020throughto March2021,we focussedon adaptingourservices to enableus to continueto supportas manyyoungpeopleas we could.We were initiallyconcernedthatthe vulnerable youngpeoplewho we hadpriorities,wouldstruggleto, or choosenot to, accessour services.We were delighted that this was not the case.We soughtto reintroduceservicesas quicklyas we could,followingguidancefrom the National Youth Agency on COVID-safe measures and safeguarding best practice. ``` ## **`Impact on our finances`** ``` Intheearlystagesoflockdown,itwasnotclearwhatadditionalfinancialsupportwouldbeavailableforcharities, so the CEO and the trusteesinstigateda monthlyonlinemeetingto ensure we identifiedand were able to deal with, any emergingissues.Consultationwithfundersresultedinsignificantchangesbeingagreedtoanumberof our programmes. Importantly,we were able to re-purpose funding to programmes that could be delivered remotely during lockdown, whilst staff and young people were working and studying from home.We were heavily impacted by the loss ofincomefromourtradingsubsidiary127Trading,andourdailyroomhireincomewhicheffectivelydried up overnight.However, this was boostedfrom January2021 to March 2021 as we became a COVID vaccinationcentre for ourareaworkinginpartnershipwiththelocalGPfederation.Toensurethefutureof127Tradingweintroduced a rental payment holiday for our businesses which was extended throughout the financial year. ``` ``` Grantsthatweregivenbyanumberofbodies,fromtheNationalLotteryCommunityFundthroughto local government,cushionedthefinancialimpactandresultedinusbeinginapositivefinancialpositionattheendof the reporting period, able to maintain and grow services as the pandemic eased.During 2020/2021we were in receipt of a total of £129,444 of grant support. ``` ## **`Impact on our people`** ``` Wedecidedtoutilisethefurloughschemeforanumberofourstafffromthemomentthatitwasintroduced. Eight peopleremainedactive,workingthroughthepandemic,andsevenwerefurloughedfordifferingperiods, depending ontheirroles.Toensuretheirwellbeingwhilsttheywereisolated,wesetupastaffsupportnetwork and communicatedregularlywithfurloughedandworkingstaffthroughaweeklygroupZoomcheck-inandan e-mail newsletter. ``` ``` Theyearwasaverychallengingoneforourstaff,whoalldemonstratedahighlevelofcommitmenttothe young peoplethatwe work with.They have bornea heavyloadandlike most of the countryhavefelt the impactof limited restandrefreshment.Weremaingratefulforsuchanable,compassionateandcommittedteamwhomake a difference in the lives of young people every day. ``` ``` Marisa Batson, Chair Dave Pepper CEO ``` ``` Page 1 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31March2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31March2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2015). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The charityexists to advancein life and help primarilyyoungpeople between the ages of eleven and twenty-four who live in the town of Stowmarket, the surrounding towns and villages and the county of Suffolk through: ``` ``` 1.Theprovisionofrecreational,educationalandleisuretimeactivitiesintheinterestofsocialwelfare,designed to improve their condition of life. ``` ``` 2.Theprovisionofsupport,adviceandguidancetodeveloptheirskills,capacitiesandcapabilitiestoenablethem to participate in society as mature and responsible individuals. ``` ``` 3. The provision of services to safeguard and improve their emotional wellbeing. ``` ## **`Public benefit`** ``` ThetrusteeshaveregardfortheCharityCommission'sguidanceonpublicbenefit.Duringtheyearwe have delivered publicbenefitandfulfilledtheseobjectivesthrough,openaccessyouthwork,groupwork,detachedyouth work, coaching,schoolswork,one-to-onework and by makingour buildingavailableto othersto supportyoungpeople and the wider community. ``` ``` Page 2 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ## **`ACHIEVEMENT AND PERFORMANCE Charitable activities Serving the Community`** ``` ConsiderableeffortwasrequiredfromstaffacrosstheorganisationtoensureCOVIDcompliance.Thisrequired the writingofnewpolicies,coveringonlineprotocols,andadjustingexistingpoliciestoensuretheywerefitfor purpose with the additional online services we were delivering. ``` ``` We alsohadtointroducedifferentpoliciesandprotocolsforbuildinguseandstaffbehaviourthroughoutthe period. Buildingsignage,maskwearingandhandwashingetc.allneededtobeintroducedandmanaged.Thisplaced a particularburdenonHRandonourbuildingsteam.ItreachedapeakwhenwebecamethelocalCOVID vaccination centre, a period in which our team delivered We had to significantlyextend our opening hours, ensure COVID protocols were compliant,host the large NHS team and be extremelyflexible,as requirementsand demandschangeddaily. The income earned from this work is not as significant as the reputational benefit that we experienced. ``` ## **`Youth Work`** ## **`Delivery During Lockdown 1`** ``` Throughoutthefirstlockdownwewereabletoofferarangeofonlinesupporttoyoungpeople.Wedelivered this through three streams: ``` ## **`Thrive`** `(Our alternative education programme)` ``` In partnershipwithschools,we supported9 youngpeopleandtheirparentswitheducationalactivitiesand wellbeing support. ``` ``` VisionandVoice(OurSchoolsEmotionalHealthandWellbeingprogramme)We supported17 vulnerablepupils from Stowupland High School over the phone and Zoom with regular contact. ``` ``` Together(Our 'Into Work' Programme)Two members of the Together team providedonline and phone supportfor 26 vulnerable young people. ``` ``` Coachingisakeyelementofmanyofourprogrammes.Duringlockdownourcoachesrecognisedsome reoccurring themeswhichincludedthesendingandreceivingofinappropriateimages,self-harm,druguse,familydrug use, decliningemotionalwellbeing,challengingfamilysituationsandattractiontogangs.Ourcoachesreportedthat the challengeofhelpingyoungpeopletomanagetheiremotionsandprovidingsupporttothemindealingwith their issues,wasemotionallydraining.Mademoresobecauseoftheonlinenatureofthesupport.Consequently, we ensured that our supervision for all staff involved in coaching, was regularly delivered. ``` ## **`Our youth work throughout the year (by project)`** ## `Youth Social Action` ``` In October we launcheda new project to engage young people in the age range 17-24 through youth social action. The premise of the programme was that it's good to engage in projects which are for the benefit of others. The expectation was thatthe participantsdecidedon projectsthemselvesand deliveredthem with the supportand encouragement of youthworkstaff.Thefirstcohortwereallyoungpeoplewhowereknowntousthroughtheirinvolvementin the Together Project. Their engagement in the project led to an increase in confidence and skills. ``` ``` The groupcontinuedduringthe lockdownperiodshavingto move onlineat variousstages.Some youngpeople found thetransitionsfromface-to-facetovirtualmeetingschallenging,especiallybecauseoftheimpactthishadon the projectsthattheywereplanning.However,manyoftheindividualshavecommentedonhowimportantthe regular online meetings and focus have been for their wellbeing. ``` ## `Together` ``` AfterlockdowntheTogetherteamwerethefocalpointofuspivotingtoworkingonline.Theyrewrotepolicies and procedures to reflect the transitionto online youth working and engaged with all the young people who we considered to be vulnerable, given the restrictions that lockdown necessitated. ``` ``` Page 3 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ``` As well as workingwiththeyoungpeoplewho were alreadya partof theTogetherProject(whichpre covid focussed on supportingyoungpeople into the workplaceor furthereducation),we transferredyoungpeople from the coaching programme to be supported by the Together team. ``` ``` Many of the young people who accessed this support found it invaluable. ``` ``` TheTogetherProjecthave9youngpeoplewhohavesecuredplacementsandaremovingintotheirnextsteps this month.One of these youngpeoplehas been workingwith us 1: 1 since May 2019.Havingalso engagedin workshops, and most recently,a group coaching series online, she has found the confidenceto apply for and successfullysecure an apprenticeship. ``` ``` InFebruary2021TheMixbecameaKickstartgateway,anextensionofourTogetherProjectoffering.The Kickstart schemeprovidesfundingforemployerstocreatejobplacementsfor16-24yearoldswhoareinreceiptof Universal Credit. We had a successful start with 30 kickstart placements with local businesses. ``` ## `Thrive` ``` This is our alternativeeducationprovisionwhich continuedits delivery from the onset of lockdownthroughto the end of the summer term in 2020 offering 1250 hours of support to vulnerable young people. ``` ``` Thatsupportwasofferedto13youngpeopleandtheirfamiliesremotelyduringthefirstlockdown.This involved working very closely with the schools which the young people were sent from. ``` ``` Theprovisioncontinuedtoincludeweekly1:1coaching,growthmindsetandself-leadershipactivities,project based learningand academiccurriculumtuitionall via Zoom,onlinelearning,email,text and calls.Thrive developed projects arounda numberof vocationalareas includingmedia and photography,bakingand cooking,art,design and branding, vlogging,logo design,bicyclemaintenance,superfoodrecipes,museum virtualtoursand variouscompetitive activities andchallengesaswellasmuchmore.TheacademicprovisioncontinuedwithtuitionformathsandEnglishat Key Stage 3, GCSE and functionalskills levels with bespoke support and activitiesto enable students to continueto develop their skills and understanding and make good progress. ``` ``` Youngpeoplehavestruggledwithseveralcommonissuesduringlockdown,withlackofroutineespecially around sleep,lackofaccesstoprofessionalsupportespeciallymentalhealth,lowmotivationtowardsschoolwork and increasedintensityinfamilyrelationshipsbeingthemostcommonareasofdifficulty.Theweeklycoaching offer provided regular, timely and personalised support, which continued with a return to face to face. ``` ``` 'Genuinely,we never thoughthe'd finish school,let alone sit and pass his exams - your relationshipwith him has been life-changing.' Staff member at Thurston Community College ``` ## `Schools Work` ``` Throughoutthe yearwe continuedto deliverour EmotionalHealthandWellbeingprojectin StowuplandHigh School. Our staff member was already based in the school and was able to transitionhis support to 17 young people during the firstlockdownwithregularongoingphonecontact.Whenpupilsreturnedtoschool'sweoffered1:1supportto 16 youngpeopleandranthreesupportgroupseachweek.We alsotrained20sixthformerstoprovidepeersupport to year 7's and, when COVID allowed,offered dailydrop-ins.Additionally,a socialprescribingdatabasewas produced for theuseofstafftohelpthemsignpostyoungpeopletorelevantandaccessiblelocalservices.Ontopof wellbeing supportfor pupils we also offered it to key workers many of whom faced significantstrain throughoutwhat was a very challenging school year. ``` ## `Detached` ``` Thisprojectwaspausedduringlockdownduringlockdownone.On31July,theteamreturnedtotheirFriday evening delivery. They engage with and support young people who are congregatingin popular gathering places in the town. As wellashandingouticepopsandhotchocolatetheteamdistributedbikelightstothosethatwerenotusing them. Duringthereportingperiodtheteamwereouton30Fridaynights(includingthroughoutlockdowns2and3) and engagedwith596youngpeople.TheteamcollaboratedwiththePolice,sothatareasandissuesofconcern were shared.Weusedthequieterperiodoftheyeartoresearchextendingourdeliverytotheneighbouringtown of NeedhamMarket.Duetothesuccessofthefirstyearoftheprojectwereceivedfundingforasecondyearwith the strategic aim of extending and developing the service. ``` ## `Drama at The Mix` ``` In September 2020 we began delivery of a pilot 10 week therapeutic drama workshop to 12 young people. ``` ``` Page 4 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ``` After a very successful,popularand challengingfirst term (which had to move online) we secured fundingfor a second term and saw a significantimpacton the diverse group of youngpeople who participated.In the second term we had tomoveallthedeliveryonlineand9youngpeopleparticipated.Weaimtocontinuedeliveringthisprogramme and have a longer-termplan to develop a programmecalled "Arts at the Mix" which will be a wider 'arts' offering designed to engage a greater cross section of young people. ``` ## `Coaching` ``` This has been a thread that runs through an increasing number of our services. As has already been stated, at the onset of lockdownwe moved much of our 1:1 work online enablingus to offer continuityof service and support, particularly to young people who we deemed vulnerable.Much of this support was based on a coachingmodel and required us to adapt existing policies to ensure we operated in a safe and appropriate manner online. ``` ``` One of the challengeswe faced was the popularityof our coaching.This led to a significantwaiting list. To help us with this we ran a pilot 'group coaching'programmecalledDiadem aimed at teenagegirls who were all dealingwith similar issues.These provedvery successfuland allowedus to reducethe waitinglist significantly.ThroughoutDecember the coaching team held 49 sessions, virtually and in person comprising of 75 hours of support. ``` ## `B Network` ``` Whilstournetworkofvolunteershaschangedoverthereportingperiodithasbeenacrucialpartofbothour youth workandcommunitysupport.Whenface-to-faceworkingwithyoungpeoplewasnotpossible,mostof our volunteeringpostsbecameredundant.However,ourvolunteerco-ordinatorwasassignedtheroleoforganising The Mix'spartindeliveringthelocalCOVIDvaccineprogrammeinpartnershipwiththelocalGPfederation.From 15 January,weutilisedourbiggestindoorspacetodeliver30,870vaccinations.Wewereabletocallonour volunteer team who provided the backboneof volunteeringsupport for this task. Through this communityinitiativewe were also introduced to several new people who have gone on to join our volunteering team or indeed our staff. Since we have restarted face to face services a number of our pre-pandemicvolunteers have returned and we continue to recruit new people to existing and new roles. ``` ``` ThroughouttheyearTheMixhad43activevolunteersandwasinlargepartresponsibleforrecruitingafurther 58 volunteers who played a part in the vaccine roll out. ``` ## `Fundraising.` ``` Early in the reporting period we appointedone of our existing team as fundraiser,with a particularfocus on grants and trusts.This is a new post for The Mix as previouslyit has been an add-on to an existing staff member's responsibilities. In the early monthsof the role the focus was on managingincome from COVID grantsand on gettingagreement from fundingbodiestore-purposefundsoradjustexpectedoutcomes.Weinvestedsignificanttimeinapartnership bid withtheBenjaminFoundation,whichwasunsuccessful,butwhichweplantoresubmitwhenan appropriate opportunitypresents.We also submitteda number of successfulsmaller bids and were in receipt of several extensions toexistingbids.Itwasfarfromanormalyearasregardsourfundingandwewereverygratefulforthe substantial support provided by The National Lottery, Suffolk Community Foundation, Mid Suffolk District Council and others. ``` ## `Training` ``` One of the key elements in our strategyfor the 2020/21period was our trainingoffer.We had committedto investing moreinourstaffdevelopment,whichofcourseupskilledourstaffbutmoreimportantlyensuredthatourwork with young people was both more impactful and safer. ``` ``` ThetrainingforourcoacheswasprovidedbytheBlossomCharity.Theyweretaskedwithdeliveringafoundation in coachingtoourfirstcohort,withtheplanthatwe wouldfurtherdevelopthisgroupwithtrainingatthenextlevel in the future.This training,which was deliveredto eight of our staff,proved very successfuland has increasedboth staff confidence and impact in the coaching that we provide. ``` ``` We also had three staff attainNationalYouthworkAssociationlevel 2 qualifications.The plan is to continueto level 2 and level 3 moving forwards. ``` ## `Drop-in` ``` The pandemic meant that we did not run any open access youth services in the reporting period. ``` ``` Page 5 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ``` Wecontactedyoungpeoplewhowewereconcernedaboutviasocialmedia,butthebuildingremainedclosed to groupsthroughouttheyear.WefollowedtheNationalYouthAgencyCOVIDguidelinesduringthepandemicin the delivery and implementation of all our services and activities. ``` ## `Gangs and Knife Crime .` ``` ThedeliveryofthisprojectwassignificantlyimpactedbyCOVIDwithvariousoftheplannedelementshavingto be cancelledorsignificantlyre-imagined.OneaspectoftheplanwastoworkcloselywiththePoliceinthedesign and deliveryof workshopsin schools.This was impossibleto achievebecauseschoolswere closedto visitors.Attempts to develop an online offeringwere not successful,mainlybecausepartnersorganisationscouldn'tengage.We were able to work with Green Light Trust to deliver day sessions to young people in care and young people at risk of exclusion or strugglingwithschoolattendance.Thesesessionsdeliveredinwoodland,involvedworkingwithknivesinasafe and secure way creatingopportunitiesto discuss safety and misuse.We also produceda series of four video which can be used in youth group and school settings. These videos have been viewed over 1500 times (May 21). ``` ## `Realising Ambitions` ``` Early on in the pandemic we began work with Suffolk Community Foundationto re-purpose the funding for this project whichwas undeliverablein itsoriginalformdueto COVIDrestrictions.Withthere-purposedresourceswe were able to produce a series of videos and online talks,availableon our You Tube channel,and deliver coaching(1:1 and group) for vulnerable young people. ``` ## `Our Building` ``` From the momentThe Mix moved into its currentfacilityit has relied on its buildingas a sourceof income. Lockdown hadanimmediatenegativeimpactonthisbecauseouradhocroomrentalincomeceasedimmediatelyasdid our rental income from 127 Trading.We continuedto receive income from SuffolkCountyCouncilfor the office suite that they rent from us and from Benjamin Foundation who lease our accommodation unit. ``` ``` Afterlockdownandduringtheperiodsofquietthatfollowed,wetooktheopportunitytorefreshthebuilding. We replacedoldfurniture,redecoratedmanyofthecommunalspaces,includingthemainyouthworkspace, and de-cluttered. ``` ## `127 Trading` ``` Unsurprisinglyour trading subsidiaryhas experienceda challengingyear.Whilst Brix, our branding and design arm was abletocontinuethroughoutlockdown2and3,therewasamajorslow-downinbusinessduetoclientspausing or cancellingprojects.However, with the support of the 127 Directors,Brix focussed on winning a funnel of new business with a particularfocus on the thirdsectormarketplace.By the end of the reportingperiodthis strategywas beginning tobearfruit.CabbagesandKingswasaltogethermorechallenging.Wehadtocloseourcoffeeshop immediately lockdownwas announcedand decidedto furloughall the staff.In July we were able to offer an 'open air' service from our mobile cateringtrailer at Needham Lakes. Our 3 August restart in the café was boosted by the 'eat out to help out' scheme but trading remained very challengingand unprofitablebeyond that.We used reduced staffingand continued with the furloughscheme until we were more confidentin the tradingenvironment.However, it remained challenging or impossible throughoutthe whole period. We were in receipt of crucial support from the local authorityvia a number of grants. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` The Mix reported an operating surplus for the year of £130,827 (2020: £20,819). ``` ``` In 2020/21the work of The Mix was significantlyimpactedby the pandemic,the overallnegativeimpacton The Mix's finances was mitigatedby grants from a number of different sources and by the furlough scheme. The Mix generated a turnoverof£600kand127Trading'sturnoverwas£174KduetothelongtermclosureoftheCafé,themain income stream.LossesintheCaféwereoffsetbyourexternalcateringtraileratNeedhamLakes.Thecombinedturnover of the charity and trading subsidiarywas £774k an increase of £72K on last year. Unrestrictedgrants to The Mix related to COVID19supportequateto£163K.127Tradingreceived£77Kingovernmentgrants.Weagain,received£30K from localbusinessPPGwhocontinuetosupporttheTogetherprojectandafurther25KfromMidSuffolkDistrict Council for the same project. Thrive, our alternative education provision, generated an income of £47K. ``` ``` Page 6 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` Reserves at 31 March 2021 amounted to £240,039, (2020 £109,212) an increase of £130,827. ``` ``` The establishmentof 127 TradingLtd recognisesthatThe Mix is seekingsustainableunrestrictedfundingand will look to the future transferof profitsfrom the subsidiaryto the charity.Contributionto overheadsfrom restrictedfunds are alsoestablishedwithdonorsatthebeginningofeachproject.Therearenomaterialamountsthathave been designated or otherwise committed for the foreseeable future. ``` ## **`Going concern`** ``` Clearly,duringthe end of this financialyear,the unforeseenarrivalof Covid 19 has had a significantimpact,in varying degrees,onthecharity.Thecaféandroombookingswereimpactedthegreatestandtooknoincomeduring the enforcedlockdown.Thecharitywasabletocontinuewithsomeofitsyouthsupportusingvirtualmediaand online support/phoneservicesandahugeeffortwasmadetosecurenewfinancialsupportfromnumerousproviders. £72k wasawardedtoTheMixfromTheBigLotteryandgrantsfromMidSuffolkandSuffolkCommunityFoundation have been invaluable in providing security for the charity during this challenging and difficult time. ``` ``` Cabbagesand Kings, the cateringelement of 127 Trading Ltd, has been awarded the cateringcontractto run Needham LakesvisitorCentre(postponedduetotheCovid19outbreaktosummer2021)althoughaprofitablepresence was initiatedthisfinancialyearwithatrailerprovidingatakeawayservice.StowmarketFootballClubhasalso invited Cabbages and Kings to provide the catering on its premises. ``` ## **`FUTURE PLANS`** ``` The YIF fundingstream has had a major impacton The Mix for the past three years enablinga varietyof development and provision. That funding ends in May 2020 which marks a new ``` ``` phaseforTheMix.TohelptheorganisationcontinuetogrowanddevelopwewillberecruitingaDirector of Fundraisingwho will focus on growinga varietyof income streamsas well as ensuringthatour monitoring, evaluation andreportingsupportallcurrentandfuturebids.We will alsorecruita YouthWorkDirectorto leadon the strategic growth of our work amongst young people. ``` ``` Plansare also being developedto grow Thrive,our alternativeeducationprovision,and to continuethe growthof the Together project. ``` ``` Coaching will continue to be a core element that we offer across our programmes and projects.We have appointed an externalsupervisorfor our coaches and begun deliveringa foundationcourse in coachingfor all staff who coach which will lead to a basic qualification in coaching in the years ahead. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocumentandconstitutesalimitedcompany,limitedbyguarantee, as defined by the Companies Act 2006. ``` ## **`Recruitment and appointment of new trustees`** ``` Trustees are appointed by the board in line with the governing document. ``` ## **`Organisational structure`** ``` The trustees employ a Chief Executive Officer to direct activities in line with the purpose and agreed strategy. ``` ## **`Key management remuneration`** ``` Day to day management is carried out by the CEO Dave Pepper and the executive management team. ``` ``` Rates of remuneration are agreed by the board of trustees. ``` ``` Page 7 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees for the Year Ended 31 March 2021`** ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`** ``` 08010191 (England and Wales) ``` ``` Registered Charity number 1149539 ``` ## **`Registered office`** ``` 127 Ipswich Street Stowmarket Suffolk IP14 1BB ``` ## **`Trustees`** ``` Miss M Batson Chair Mrs R F Warnock Mr S R Skeet Vice chair (resigned 27.7.20) Mrs L Hammond Miss C Higgs Mr N Serjeant Mrs L M Morrison (appointed 18.5.20) Miss R Youngs (appointed 7.6.21) ``` ## **`Independent Examiner`** ``` Knights Lowe Chartered Accountants Eldo House, Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR ``` ## **`Bankers`** ``` HSBC 20 Market Place Stowmarket Suffolk IP14 1DW ``` ## **`Financial Services`** ``` March Consulting (East Anglia) Ltd Friday Lane Cottage Church Lane, Hitcham, Ipswich. IP7 7NN ``` ``` Page 8 ``` ``` The Mix Stowmarket Limited ``` ## **`Report of the Trustees`** ## **`for the Year Ended 31 March 2021`** ## **`ACKNOWLEDGEMENTS`** ``` Thecharitywouldliketoacknowledgethegenerosityofitsmajordonorsduringthisverychallengingand disruptive year. It is true to say that we would not have survived without their support. Thank you. ``` ``` The National Lottery Community Fund Suffolk Community Foundation Mid Suffolk District Council PPG The Ropes Trust The Hopgood Foundation The Harris Fund DCMS - The Department for Digital, Culture, Media and Sport The Government Furlough Scheme ``` ``` This report has been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 10 November 2021 and signed on its behalf by: ``` ``` Miss M Batson - Trustee ``` ``` Page 9 ``` ``` The Mix Stowmarket Limited ``` ## **`Statement of Trustees' Responsibilities for the Year Ended 31 March 2021`** ``` Thetrustees(whoarealsothedirectorsofTheMixStowmarketLimitedforthepurposesofcompanylaw) are responsiblefor preparing the Annual Report and the financialstatementsin accordancewith applicablelaw and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ``` ``` Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueand fair viewofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationof resources, includingtheincomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthose financial statements, the trustees are required to ``` - `select suitable accounting policies and then apply them consistently;` - `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 it is inappropriate to presume that the charitable company will continue in business.` ``` Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any timethefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancial statements complywith the CompaniesAct 2006. They are also responsiblefor safeguardingthe assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ``` ``` Page 10 ``` ``` Independent Examiner's Report to the Trustees of The Mix Stowmarket Limited ``` ## **`Independent examiner's report to the trustees of The Mix Stowmarket Limited ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare 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 accountsof the Company are not required to be audited under Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carryingout my examinationI 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'sgross income exceeded£250,000your examinermust be a member of a listedbody.I can confirm thatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofICAEW(ACA)whichisone of the listed bodies. ``` ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. 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` `3. 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` `4. 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` James Knights ICAEW (ACA) Knights Lowe Chartered Accountants Eldo House, Kempson Way Suffolk Business Park Bury St Edmunds Suffolk IP32 7AR ``` ``` 12 November 2021 ``` ``` Page 11 ``` ``` The Mix Stowmarket Limited ``` ## **`Statement of Financial Activities`** ## **`(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2021`** |`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`9,000`**
**`Charitable activities`**
`5`
`Youth Work`
**`164,359`**
`Building-related activity`
**`112,884`**
`Other trading activities`
`3`
**`5,112`**
`Investment income`
`4`
**`37`**
**`Total`**
**`291,392`**
**`EXPENDITURE ON`**
`Raising funds`
`6`
**`1,320`**
**`Charitable activities`**
`7`
`Youth Work`
**`72,136`**
`Building-related activity`
**`73,988`**
**`Total`**
**`147,444`**
**`NET INCOME/(EXPENDITURE)`**
**`143,948`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`32,712`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`176,660`**|`Restricted`
`funds`
`£`
**`-`**
**`309,179`**
**`-`**
**`-`**
**`-`**
**`309,179`**
**`17,503`**
**`295,810`**
**`8,987`**
**`322,300`**
**`(13,121)`**
**`76,500`**
**`63,379`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`9,000`**
**`473,538`**
**`112,884`**
**`5,112`**
**`37`**
**`600,571`**
**`18,823`**
**`367,946`**
**`82,975`**
**`469,744`**
**`130,827`**
**`109,212`**
**`240,039`**|`2020`
`Total`
`funds`
`£`
`14,861`
`315,935`
`125,108`
`10,509`
`800`| |---|---|---|---| ||||`467,213`
`14,340`
`358,147`
`73,907`| ||||`446,394`| ||||`20,819`
`88,393`| ||||`109,212`| ``` The notes form part of these financial statements ``` ``` Page 12 ``` ``` The Mix Stowmarket Limited ``` ## **`Balance Sheet`** ## **`31 March 2021`** |`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`16`
**`13,395`**
`Investments`
`17`
**`1`**
**`13,396`**
**`CURRENT ASSETS`**
`Debtors`
`18`
**`34,510`**
`Cash at bank and in hand`
**`163,061`**
**`197,571`**
**`CREDITORS`**
`Amounts falling due within one year`
`19`
**`(34,311)`**
**`NET CURRENT ASSETS`**
**`163,260`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`176,656`**
**`NET ASSETS`**
**`176,656`**
**`FUNDS`**
`20`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`15,210`**
**`205,171`**
**`220,381`**
**`(156,998)`**
**`63,383`**
**`63,383`**
**`63,383`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`13,395`**
**`1`**
**`13,396`**
**`49,720`**
**`368,232`**
**`417,952`**
**`(191,309)`**
**`226,643`**
**`240,039`**
**`240,039`**
**`176,656`**
**`63,383`**
**`240,039`**|`2020`
`Total`
`funds`
`£`
`9,089`
`1`
`9,090`
`36,494`
`339,335`
`375,829`
`(275,707)`
`100,122`
`109,212`
`109,212`
`32,712`
`76,500`
`109,212`| |---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year ended 31 March 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(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 notes form part of these financial statements ``` ``` continued... ``` ``` Page 13 ``` ``` The Mix Stowmarket Limited ``` ## **`Balance Sheet - continued`** ## **`31 March 2021`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` The financialstatementswere approvedby the Boardof Trusteesandauthorisedfor issue on 10 November2021 and were signed on its behalf by: ``` ``` Miss M Batson - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 14 ``` ## **`The Mix Stowmarket Limited`** |**`Cash Flow Statement`**
**`for the Year Ended 31 March 2021`**
**`2021`**
`Notes`
**`£`**
**`Cash flows from operating activities`**
`Cash generated from operations`
`1`
**`31,275`**
`Net cash provided by operating activities`
**`31,275`**
**`Cash flows from investing activities`**
`Purchase of tangible fixed assets`
**`(7,415)`**
`Purchase of fixed asset investments`
**`-`**
`Sale of tangible fixed assets`
**`-`**
`Interest received`
**`37`**
`Net cash (used in)/provided by investing activities`
**`(7,378)`**
**`Cash flows from financing activities`**
`Loan repayments in year`
**`5,000`**
`Net cash provided by financing activities`
**`5,000`**
**`Change in cash and cash equivalents in the`**
**`reporting period`**
**`28,897`**
**`Cash and cash equivalents at the beginning`**
**`of the reporting period`**
**`339,335`**
**`Cash and cash equivalents at the end of the`**
**`reporting period`**
**`368,232`**|`2020`
`£`
`112,191`
`112,191`
`-`
`(1)`
`1,306`
`800`
`2,105`
`-`
`-`
`114,296`
`225,039`
`339,335`| |---|---| ``` The notes form part of these financial statements ``` ``` Page 15 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Cash Flow Statement`** ## **`for the Year Ended 31 March 2021`** |**`1.`**|**`RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**|**`RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**|**`RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**|**`RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**|| |---|---|---|---|---|---| |||||**`2021`**|`2020`| |||||**`£`**|`£`| ||**`Net income for the reporting period (as per the Statement of Financial`**||||| ||**`Activities)`**|||**`130,827`**|`20,819`| ||**`Adjustments for:`**||||| ||`Depreciation charges`|||**`3,109`**|`4,203`| ||`Profit on disposal of fixed assets`|||**`-`**|`(70)`| ||`Interest received`|||**`(37)`**|`(800)`| ||`Decrease in stocks`|||**`-`**|`1,948`| ||`(Increase)/decrease in debtors`|||**`(18,225)`**|`1,939`| ||`(Decrease)/increase in creditors`|||**`(84,399)`**|`84,152`| ||**`Net cash provided by operations`**|||**`31,275`**|`112,191`| |`2.`|**`ANALYSIS OF CHANGES IN NET FUNDS`**||||| |||`At 1.4.20`||`Cash flow`|**`At 31.3.21`**| ||||`£`|`£`|**`£`**| ||**`Net cash`**||||| ||`Cash at bank and in hand`|**`339,335`**||**`28,897`**|**`368,232`**| |||**`339,335`**||**`28,897`**|**`368,232`**| ||**`Total`**|**`339,335`**||**`28,897`**|**`368,232`**| ``` The notes form part of these financial statements ``` ``` Page 16 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements for the Year Ended 31 March 2021`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with the exception of investments which are included at market value. ``` ``` Thepresentationalcurrencyofthesefinancialstatementsispoundssterling,amountsareroundedto whole pounds. ``` ## **`Going concern`** ``` ThesefinancialstatementshavebeenpreparedonagoingconcernbasisastheTrusteesareconfident that sufficient funding will be received to enable the charity to continue as a going concern. ``` ## **`Income`** ``` Income is recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds,it is probablethattheincomewillbereceivedandtheamountcanbemeasuredreliably.Fundingreceived for projects/activitieswheretermsorconditionsexistwhichmustbemetbeforethecharityisentitledto the resources is treated as deferred income. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful life. ``` ``` Café equipment- 20% on cost IT and other equipment- 20-33% on cost ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Designated funds are unrestricted but specified by the trustees to be used for specific purposes. ``` ``` The Mix Stowmarket Limited had funds designated for the following purposes: ``` |**`Fund name`**|**`Designated purpose`**| |---|---| |`Building`|`To support the maintenance of the building`| |`Youth activities`|`To provide activities for young people`| |`Café`|`To operate the café`| |`Commercial`|`To facilitate commercial activities`| ``` Followingthetransferoftradingactivitiestotheseparatetradingcompany,thetrusteesdecideditwas no longerappropriatetomaintainthesedesignatedfunds,allremainingdesignatedfundbalanceshave been transferred to the general fund. ``` ``` continued... ``` ``` Page 17 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Fund accounting`** ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictionsarisewhenspecifiedbythedonor/funderorwhenfundsareraisedforparticular restricted purposes. ``` ``` The Mix Stowmarket Limited currently has funds restricted to the following purposes: ``` |**`Fund name`**|**`Restricted to`**| |---|---| |`Activities for Young People /Drive`|| |`EHWB with SCC & Stow High`|`Workshops in Stowmarket High School`| |`The Kerrison Trust deferred`|`Counselling & wellbeing groups for young people`| |`Hardship Fund Masons`|`Providing emergency support for vulnerable adults.`| |`CYP Sapphire Counselling`|`Emotional health & wellbeing project for young people`| ||`including counselling, wellbeing groups and training for`| ||`those who work with young people`| |`MSDC Open Access provision`|`Delivery of open access sessions and opening our`| ||`doors until 9pm four evenings a week for information,`| ||`advice, guidance & support`| |`SCC MSYN support`|`Developing and networking youth workers in Suffolk.`| |`School for Social Entrepreneur`|`Practical training to grow & increase the traded`| ||`income of our three commercial arms via SSE learning`| ||`course.`| |`Suffolk Assembly`|| |`Thrive sessions`|`The provision of Alternative Education`| |`YIF Lottery Grant`|`Open access provision of young people through a`| ||`variety of activities`| |`Coaching 1 to 1`|`Coaching programme for young people`| |`Crucial crew`|`Educational activity programme for primary school`| ||`year 6.`| |`Outreach Recovery`|`Drug and alcohol awareness training`| |`Detached project`|`Detached youth work in Stowmarket`| |`Duke of Edinburgh`|`Running the D of E scheme`| |`PPG`|`Fund for improving and developing facilities at the Mix`| |`CTG/YWA`|`Training and support of local youth workers`| |`Together (1,2,3)`|`Helping young people into employment; working with`| ||`local business partnersEach year is separately`| ||`accounted for hence the suffix 1 2 3 etc.`| |`Saturday open access`|`Provision for keeping the facility open on a Saturday`| |`Ambition`|`Provision for activities for young people and associated`| ||`cost of funding these activities.`| |`SCC Music`|`Supporting a music studio for young people.`| |`SCF Emotional Wellbeing`|`Helping young people lead themselves.`| |`Community Youth Worker`|| |`Drama at The Mix`|| |`SCF - Youth Intervention Knife and Drugs`|| |`Kickstart`|| ## **`Leasing commitments`** ``` Rentalspaidunderoperatingleases are chargedto the Statementof FinancialActivitieson a straightline basis over the period of the lease. ``` ``` TheMixoccupiesabuildingwhichisownedbySuffolkCountyCouncilonarent-freebasis.Inturn,The Mix provides office accommodation to Suffolk Council at reduced rates. ``` ``` continued... ``` ``` Page 18 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to which they relate, allocated to funds on he same basis as salaries paid. ``` ## **`Financial instruments`** ``` Assets and liabilities are initially recognised at cost or transactional value unless otherwise stated. ``` ## **`2. DONATIONS AND LEGACIES`** |`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
`Donations`
**`9,000`**
**`-`**
**`OTHER TRADING ACTIVITIES`**
`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
`Fundraising events`
**`4,940`**
**`-`**
`Other income`
**`172`**
**`-`**
**`5,112`**
**`-`**
**`INVESTMENT INCOME`**
`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
`Deposit account interest`
**`37`**
**`-`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`9,000`**
**`2021`**
**`Total`**
**`funds`**
**`£`**
**`4,940`**
**`172`**
**`5,112`**
**`2021`**
**`Total`**
**`funds`**
**`£`**
**`37`**|`2020`
`Total`
`funds`
`£`
`14,861`| |---|---|---| |||`2020`
`Total`
`funds`
`£`
`10,509`
`-`| |||`10,509`| |||`2020`
`Total`
`funds`
`£`
`800`| ## **`3. OTHER TRADING ACTIVITIES`** ## **`4. INVESTMENT INCOME`** ``` continued... ``` ``` Page 19 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`5. INCOME FROM CHARITABLE ACTIVITIES`** |`Youth`
`Building-related`
`Work`
`activity`
`£`
`£`
`Income from activities`
**`-`**
**`-`**
`Grants`
**`163,573`**
**`-`**
`Other funding`
**`309,965`**
**`-`**
`Office space rentals and service charges`
**`-`**
**`84,493`**
`Room rentals`
**`-`**
**`28,391`**
`Rental of other space`
**`-`**
**`-`**
**`473,538`**
**`112,884`**
`Grants received, included in the above, are as follows:`
`The Big Lottery Youth Investment Fund`
`Stowmarket Town Council`
`PPG covid 19 core funding`
`Big Lottery covid response`
`Furlough support`
`SCY covid 19 core funding`
`Babergh & Mid Suffolk District Councils Covid 19 funding`
`MSDC Locality`
`Suffolk Community Foundation - core staffing`
`Suffolk Community DCMS grant`|**`2021`**
`Total`
`activities`
**`£`**
**`-`**
**`163,573`**
**`309,965`**
**`84,493`**
**`28,391`**
**`-`**
**`586,422`**
**`2021`**
**`£`**
**`-`**
**`-`**
**`999`**
**`91,938`**
**`34,129`**
**`5,000`**
**`10,000`**
**`7,415`**
**`1,000`**
**`13,092`**
**`163,573`**|`2020`
`Total`
`activities`
`£`
**`368`**
**`81,916`**
**`233,651`**
**`61,099`**
**`47,134`**
**`16,875`**| |---|---|---| |||**`441,043`**| |||`2020`
`£`
`81,516`
`400`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`| |||`81,916`| ``` The charity received furlough support from the UK Government totalling £34,128. ``` ## **`6. RAISING FUNDS`** ## **`Other trading activities`** |**`Other trading activities`**||| |---|---|---| |`Unrestricted`
`Restricted`
`funds`
`funds`
`£`
`£`
`Staff costs`
**`1`**
**`17,300`**
`Hire of equipment`
**`324`**
**`203`**
`Depreciation`
**`995`**
**`-`**
`Loss on sale of assets`
**`-`**
**`-`**
**`1,320`**
**`17,503`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`17,301`**
**`527`**
**`995`**
**`-`**
**`18,823`**|`2020`
`Total`
`funds`
`£`
`13,053`
`362`
`995`
`(70)`| |||`14,340`| ``` continued... ``` ``` Page 20 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`7. CHARITABLE ACTIVITIES COSTS`** |`Youth Work`
`Building-related activity`
**`8.`**
**`SUPPORT COSTS`**
`Management`
`£`
`Youth Work`
**`36,405`**
**`9.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`
`Hire of equipment`
`Surplus on disposal of fixed assets`|`Support`
`Direct`
`costs (see`
`Costs`
`note 8)`
`£`
`£`
**`317,612`**
**`50,334`**
**`82,975`**
**`-`**
**`400,587`**
**`50,334`**
`Governance`
`Finance`
`costs`
`£`
`£`
**`378`**
**`13,551`**
**`2021`**
**`£`**
**`3,109`**
**`527`**
**`-`**|`Totals`
`£`
**`367,946`**
**`82,975`**|`Totals`
`£`
**`367,946`**
**`82,975`**| |---|---|---|---| |||**`450,921`**|| ||||`Totals`
`£`
**`50,334`**| ||||`2020`
`£`
`4,202`
`362`
`(70)`| ## **`10. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norforthe year ended 31 March 2020. ``` ## **`Trustees' expenses`** ``` No Trustee's were reimbursed for any expenses in 2020 or 2021. ``` ## **`11. STAFF COSTS`** |**`STAFF COSTS`**||| |---|---|---| |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2021`**
**`£`**
**`314,334`**
**`19,808`**
**`5,113`**
**`339,255`**|`2020`
`£`
`293,399`
`23,944`
`5,363`| |||`322,706`| ``` Totaltrusteeandkeymanagementpersonnelremunerationandbenefitsamountedto£35,512 (2020: £55,062). ``` ``` continued... ``` ``` Page 21 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`11. STAFF COSTS - continued`** ``` The average monthly number of employees during the year was as follows: ``` |`Executive management`
`Front of House`
`Youth workers`|**`2021`**
**`2`**
**`8`**
**`14`**
**`24`**|`2020`
`2`
`8`
`14`| |---|---|---| |||`24`| ``` No employees received emoluments in excess of £60,000. ``` ## **`12. MATERIAL TRANSFERS`** ``` In2020,agreementwassoughtfromCrucialCrewdonors(thatwasunabletotakeplacebecause of Coronavirus)thatthe fundingbe reallocatedandused for core funding.Therefore£14,263was transferred to unrestricted general fund. ``` ``` Followingthetransferoftradingactivitiestotheseparatetradingcompany,thetrusteesdecideditwas no longer appropriateto maintain designatedfunds, all remaining designatedfund balances have been transferred to the general fund. ``` ## **`13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`14,736`
**`Charitable activities`**
`Youth Work`
`1,450`
`Building-related activity`
`125,108`
`Other trading activities`
`10,509`
`Investment income`
`800`
**`Total`**
`152,603`
**`EXPENDITURE ON`**
`Raising funds`
`1,284`
**`Charitable activities`**
`Youth Work`
`164,289`
`Building-related activity`
`62,677`
**`Total`**
`228,250`
**`NET INCOME/(EXPENDITURE)`**
`(75,647)`
**`Transfers between funds`**
`97,912`|`Restricted`
`funds`
`£`
`125`
`314,485`
`-`
`-`
`-`
`314,610`
`13,056`
`193,858`
`11,230`
`218,144`
`96,466`
`(97,912)`|`Total`
`funds`
`£`
`14,861`
`315,935`
`125,108`
`10,509`
`800`| |---|---|---| |||`467,213`
`14,340`
`358,147`
`73,907`| |||`446,394`| |||`20,819`
`-`| ``` continued... ``` ``` Page 22 ``` ``` The Mix Stowmarket Limited ``` ||**`Notes`**|**`to the Financial Statements- continued`**|**`to the Financial Statements- continued`**||| |---|---|---|---|---|---| |||**`for the Year Ended 31 March 2021`**|||| |**`13.`**|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**||||| |||`Unrestricted`||`Restricted`|`Total`| ||||`funds`|`funds`|`funds`| ||||`£`|`£`|`£`| ||**`Net movement in funds`**||`22,265`|`(1,446)`|`20,819`| ||**`RECONCILIATION OF FUNDS`**||||| ||**`Total funds brought forward`**||`10,448`|`77,945`|`88,393`| ||**`TOTAL FUNDS CARRIED FORWARD`**||`32,713`|`76,499`|`109,212`| |**`14.`**|**`INDEPENDENT EXAMINATION`**||||| ||`Independent examiner's fees for the year comprise:`||||| |||||**`2021`**|`2020`| |||||**`£`**|`£`| ||`Independent examination fees`|||**`4,500`**|`4,520`| |**`15.`**|**`TAXATION`**||||| ||`The Mix Stowmarket Limited is subject to corporation tax on its trading and commercial activities . In both 2021`||||| ||`and 2020 these activities did not generate a taxable profit, therefore `||`no charge or liability is included in either`||| ||`year.`||||| |**`16.`**|**`TANGIBLE FIXED ASSETS`**||||| |`IT and`
`Café`
`other`
`equipment`
`equipment`
`£`
`£`
**`COST`**
`At 1 April 2020`
**`4,973`**
**`22,012`**
`Additions`
**`-`**
**`7,415`**
`At 31 March 2021`
**`4,973`**
**`29,427`**
**`DEPRECIATION`**
`At 1 April 2020`
**`2,735`**
**`15,161`**
`Charge for year`
**`995`**
**`2,114`**
`At 31 March 2021`
**`3,730`**
**`17,275`**
**`NET BOOK VALUE`**
`At 31 March 2021`
**`1,243`**
**`12,152`**
`At 31 March 2020`
`2,238`
`6,851`|`Totals`
`£`
**`26,985`**
**`7,415`**| |---|---| ||**`34,400`**| ||**`17,896`**
**`3,109`**| ||**`21,005`**| ||**`13,395`**| ||`9,089`| ``` continued... ``` ``` Page 23 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`17. FIXED ASSET INVESTMENTS`** |**`FIXED ASSET INVESTMENTS`**|| |---|---| ||`Shares in`| ||`group`| ||`undertakings`| ||`£`| |**`MARKET VALUE`**|| |`At 1 April 2020 and 31 March 2021`|**`1`**| |**`NET BOOK VALUE`**|| |`At 31 March 2021`|**`1`**| |`At 31 March 2020`|`1`| ``` There were no investment assets outside the UK. ``` ## **`18. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** ## **`19.`** |`Trade debtors`
`Amounts owed by group undertakings`
`Other debtors`
`Accrued income`
`Prepayments`
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Amounts owed to group undertakings`
`Social security and other taxes`
`Accrued expenses`
`Income in advance`|**`2021`**
**`£`**
**`22,901`**
**`-`**
**`126`**
**`23,130`**
**`3,563`**
**`49,720`**
**`2021`**
**`£`**
**`22,589`**
**`1`**
**`7,771`**
**`4,500`**
**`156,448`**
**`191,309`**|`2020`
`£`
`22,203`
`4,999`
`-`
`5,775`
`3,517`
`36,494`
`2020`
`£`
`19,717`
`-`
`6,868`
`4,500`
`244,622`|`2020`
`£`
`22,203`
`4,999`
`-`
`5,775`
`3,517`| |---|---|---|---| ||||`36,494`| |||`275,707`|| ``` Incomeinadvancecomprisesfundingreceivedforprojects/activitieswheretermsorconditionsexist which must be met before the charity is entitled to the resources. ``` ``` The movement in this provision was as follows: ``` ||**`2021`**|`2020`| |---|---|---| ||**`£`**|`£`| |`Income in advance b/f`|**`244,622`**|`147,095`| |`Received during the year`|**`122,723`**|`428,274`| |`Released to the SoFA during the year`|**`(210,897)`**|`(330,747)`| |||| |`Income in advance c/f`|**`156,448`**|`244,622`| |||| ``` continued... ``` ``` Page 24 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS`** |**`MOVEMENT IN FUNDS`**||||| |---|---|---|---|---| |**`Unrestricted funds`**
`General fund`
`Building`
`Youth activities`
`Cafe`
`Commercial`
**`Restricted funds`**
`SCF Emotional Wellbeing`
`EHWB with SCC & Stow High`
`MSDC Open Access provision`
`SCC open access expansion project`
`SCC MYSN support`
`The Big Lottery Youth Investment Fund`
`Detached Project`
`Coaching 1 to 1`
`CYP Sapphire Counselling`
`The Kerrison Trust`
`Activities for young people/Drive`
`Thrive sessions`
`Hardship Fund Masons`
`Duke of Edinburgh`
`Outreach Recovery`
`Crucial Crew`
`Suffolk Community Foundation I Will`
`Community Youth Worker`
`Together Year 3`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
**`(42,861)`**
**`(23,234)`**
**`57,959`**
**`57,760`**
**`(16,912)`**
**`32,712`**
**`862`**
**`1,500`**
**`4,026`**
**`4,367`**
**`4,374`**
**`22,599`**
**`1,679`**
**`1,140`**
**`9,203`**
**`3,253`**
**`2,790`**
**`5,300`**
**`490`**
**`359`**
**`3,650`**
**`8,844`**
**`2,064`**
**`-`**
**`-`**
**`76,500`**
**`109,212`**|`Net`
`movement`
`in funds`
`£`
**`(9,085)`**
**`16,065`**
**`136,964`**
**`-`**
**`-`**
**`143,944`**
**`(862)`**
**`-`**
**`-`**
**`-`**
**`(4,374)`**
**`(22,599)`**
**`-`**
**`21,893`**
**`-`**
**`-`**
**`(2,790)`**
**`-`**
**`-`**
**`(359)`**
**`(3,650)`**
**`-`**
**`(2,064)`**
**`1,000`**
**`688`**
**`(13,117)`**
**`130,827`**|`Transfers`
`between`
`funds`
`£`
**`228,602`**
**`7,169`**
**`(194,923)`**
**`(57,760)`**
**`16,912`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|`At`
`31.3.21`
`£`
**`176,656`**
**`-`**
**`-`**
**`-`**
**`-`**| |||||**`176,656`**
**`-`**
**`1,500`**
**`4,026`**
**`4,367`**
**`-`**
**`-`**
**`1,679`**
**`23,033`**
**`9,203`**
**`3,253`**
**`-`**
**`5,300`**
**`490`**
**`-`**
**`-`**
**`8,844`**
**`-`**
**`1,000`**
**`688`**| |||||**`63,383`**| |||||**`240,039`**| ``` continued... ``` ``` Page 25 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Building`
`Youth activities`
**`Restricted funds`**
`Ambition`
`SCF Emotional Wellbeing`
`EHWB with SCC & Stow High`
`MSDC Open Access provision`
`SCC MYSN support`
`The Big Lottery Youth Investment Fund`
`Detached Project`
`Coaching 1 to 1`
`Activities for young people/Drive`
`Thrive sessions`
`Duke of Edinburgh`
`Outreach Recovery`
`Suffolk Community Foundation I Will`
`Together Year 2`
`Community Youth Worker`
`Drama at the Mix`
`SCF - Youth Intervention Knife and Drugs`
`Together Year 3`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`34,129`**
**`120,300`**
**`136,962`**
**`291,391`**
**`31,627`**
**`-`**
**`25,620`**
**`2,875`**
**`-`**
**`6,430`**
**`12,558`**
**`38,816`**
**`-`**
**`47,522`**
**`-`**
**`-`**
**`-`**
**`91,650`**
**`1,000`**
**`11,409`**
**`20,000`**
**`19,673`**
**`309,180`**
**`600,571`**|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(43,214)`**
**`(9,085)`**
**`(104,235)`**
**`16,065`**
**`2`**
**`136,964`**
**`(147,447)`**
**`143,944`**
**`(31,627)`**
**`-`**
**`(862)`**
**`(862)`**
**`(25,620)`**
**`-`**
**`(2,875)`**
**`-`**
**`(4,374)`**
**`(4,374)`**
**`(29,029)`**
**`(22,599)`**
**`(12,558)`**
**`-`**
**`(16,923)`**
**`21,893`**
**`(2,790)`**
**`(2,790)`**
**`(47,522)`**
**`-`**
**`(359)`**
**`(359)`**
**`(3,650)`**
**`(3,650)`**
**`(2,064)`**
**`(2,064)`**
**`(91,650)`**
**`-`**
**`-`**
**`1,000`**
**`(11,409)`**
**`-`**
**`(20,000)`**
**`-`**
**`(18,985)`**
**`688`**
**`(322,297)`**
**`(13,117)`**
**`(469,744)`**
**`130,827`**| |---|---|---| ``` continued... ``` ``` Page 26 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |||`Net`|`Transfers`|| |---|---|---|---|---| |||`movement`|`between`|`At`| ||`At 1.4.19`|`in funds`|`funds`|`31.3.20`| ||`£`|`£`|`£`|`£`| |**`Unrestricted funds`**||||| |`General fund`|`(20,881)`|`(119,892)`|`97,912`|`(42,861)`| |`Building`|`(40,278)`|`17,044`|`-`|`(23,234)`| |`Youth activities`|`30,759`|`27,200`|`-`|`57,959`| |`Cafe`|`57,760`|`-`|`-`|`57,760`| |`Commercial`|`(16,912)`|`-`|`-`|`(16,912)`| ||`10,448`|`(75,648)`|`97,912`|`32,712`| |**`Restricted funds`**||||| |`Ambition`|`1,628`|`940`|`(2,568)`|`-`| |`SCC – Music`|`2,447`|`-`|`(2,447)`|`-`| |`SCF Emotional Wellbeing`|`862`|`-`|`-`|`862`| |`Suffolk Assembly`|`680`|`-`|`(680)`|`-`| |`EHWB with SCC & Stow High`|`1,500`|`3,443`|`(3,443)`|`1,500`| |`MSDC Open Access provision`|`4,026`|`-`|`-`|`4,026`| |`SCC open access expansion project`|`4,367`|`-`|`-`|`4,367`| |`SCC MYSN support`|`4,374`|`-`|`-`|`4,374`| |`The Big Lottery Youth Investment Fund`|`15,027`|`25,356`|`(17,784)`|`22,599`| |`Detached Project`|`1,731`|`(52)`|`-`|`1,679`| |`Coaching 1 to 1`|`1,169`|`471`|`(500)`|`1,140`| |`CYP Sapphire Counselling`|`9,203`|`-`|`-`|`9,203`| |`The Kerrison Trust`|`3,253`|`-`|`-`|`3,253`| |`PPG`|`5,973`|`1,547`|`(7,520)`|`-`| |`Activities for young people/Drive`|`2,790`|`-`|`-`|`2,790`| |`Thrive sessions`|`5,789`|`14,706`|`(15,195)`|`5,300`| |`Hardship Fund Masons`|`273`|`217`|`-`|`490`| |`Together`|`-`|`25,248`|`(25,248)`|`-`| |`CTG/YWA`|`-`|`1,805`|`(1,805)`|`-`| |`Duke of Edinburgh`|`359`|`-`|`-`|`359`| |`Outreach Recovery`||||| ||`3,650`|`-`|`-`|`3,650`| |`Crucial Crew`|`8,844`|`14,263`|`(14,263)`|`8,844`| |`Open Source`|`-`|`246`|`(246)`|`-`| |`Suffolk Community Foundation I Will`|`-`|`2,064`|`-`|`2,064`| |`Together Year 2`|`-`|`6,213`|`(6,213)`|`-`| ||`77,945`|`96,467`|`(97,912)`|`76,500`| |**`TOTAL FUNDS`**|`88,393`|`20,819`|`-`|`109,212`| ``` continued... ``` ``` Page 27 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Building`
`Youth activities`
**`Restricted funds`**
`Ambition`
`EHWB with SCC & Stow High`
`MSDC Open Access provision`
`The Big Lottery Youth Investment Fund`
`Detached Project`
`Coaching 1 to 1`
`PPG`
`Thrive sessions`
`Hardship Fund Masons`
`Together`
`CTG/YWA`
`Crucial Crew`
`Open Source`
`Suffolk Community Foundation I Will`
`Together Year 2`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`295`
`125,108`
`27,200`
`152,603`
`1,504`
`25,982`
`684`
`77,516`
`7,221`
`18,213`
`1,807`
`51,956`
`229`
`73,693`
`1,954`
`15,344`
`10,716`
`4,934`
`22,857`
`314,610`
`467,213`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(120,187)`
`(119,892)`
`(108,064)`
`17,044`
`-`
`27,200`
`(228,251)`
`(75,648)`
`(564)`
`940`
`(22,539)`
`3,443`
`(684)`
`-`
`(52,160)`
`25,356`
`(7,273)`
`(52)`
`(17,742)`
`471`
`(260)`
`1,547`
`(37,250)`
`14,706`
`(12)`
`217`
`(48,445)`
`25,248`
`(149)`
`1,805`
`(1,081)`
`14,263`
`(10,470)`
`246`
`(2,870)`
`2,064`
`(16,644)`
`6,213`
`(218,143)`
`96,467`
`(446,394)`
`20,819`| |---|---|---| ``` continued... ``` ``` Page 28 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
`Building`
`Youth activities`
`Cafe`
`Commercial`
**`Restricted funds`**
`Ambition`
`SCC – Music`
`SCF Emotional Wellbeing`
`Suffolk Assembly`
`EHWB with SCC & Stow High`
`MSDC Open Access provision`
`SCC open access expansion project`
`SCC MYSN support`
`The Big Lottery Youth Investment Fund`
`Detached Project`
`Coaching 1 to 1`
`CYP Sapphire Counselling`
`The Kerrison Trust`
`PPG`
`Activities for young people/Drive`
`Thrive sessions`
`Hardship Fund Masons`
`Together`
`CTG/YWA`
`Duke of Edinburgh`
`Outreach Recovery`
`Crucial Crew`
`Open Source`
`Together Year 2`
`Community Youth Worker`
`Together Year 3`
**`TOTAL FUNDS`**|`At 1.4.19`
`£`
`(20,881)`
`(40,278)`
`30,759`
`57,760`
`(16,912)`
`10,448`
`1,628`
`2,447`
`862`
`680`
`1,500`
`4,026`
`4,367`
`4,374`
`15,027`
`1,731`
`1,169`
`9,203`
`3,253`
`5,973`
`2,790`
`5,789`
`273`
`-`
`-`
`359`
`3,650`
`8,844`
`-`
`-`
`-`
`-`
`77,945`
`88,393`|`Net`
`movement`
`in funds`
`£`
`(128,977)`
`33,109`
`164,164`
`-`
`-`
`68,296`
`940`
`-`
`(862)`
`-`
`3,443`
`-`
`-`
`(4,374)`
`2,757`
`(52)`
`22,364`
`-`
`-`
`1,547`
`(2,790)`
`14,706`
`217`
`25,248`
`1,805`
`(359)`
`(3,650)`
`14,263`
`246`
`6,213`
`1,000`
`688`
`83,350`
`151,646`|`Transfers`
`between`
`funds`
`£`
`326,514`
`7,169`
`(194,923)`
`(57,760)`
`16,912`
`97,912`
`(2,568)`
`(2,447)`
`-`
`(680)`
`(3,443)`
`-`
`-`
`-`
`(17,784)`
`-`
`(500)`
`-`
`-`
`(7,520)`
`-`
`(15,195)`
`-`
`(25,248)`
`(1,805)`
`-`
`-`
`(14,263)`
`(246)`
`(6,213)`
`-`
`-`
`(97,912)`
`-`|`At`
`31.3.21`
`£`
`176,656`
`-`
`-`
`-`
`-`| |---|---|---|---|---| |||||`176,656`
`-`
`-`
`-`
`-`
`1,500`
`4,026`
`4,367`
`-`
`-`
`1,679`
`23,033`
`9,203`
`3,253`
`-`
`-`
`5,300`
`490`
`-`
`-`
`-`
`-`
`8,844`
`-`
`-`
`1,000`
`688`| |||||`63,383`| |||||`240,039`| ``` continued... ``` ``` Page 29 ``` ``` The Mix Stowmarket Limited ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 March 2021`** ## **`20. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`34,424`
`Building`
`245,408`
`Youth activities`
`164,162`
`443,994`
**`Restricted funds`**
`Ambition`
`33,131`
`SCF Emotional Wellbeing`
`-`
`EHWB with SCC & Stow High`
`51,602`
`MSDC Open Access provision`
`3,559`
`SCC MYSN support`
`-`
`The Big Lottery Youth Investment Fund`
`83,946`
`Detached Project`
`19,779`
`Coaching 1 to 1`
`57,029`
`PPG`
`1,807`
`Activities for young people/Drive`
`-`
`Thrive sessions`
`99,478`
`Hardship Fund Masons`
`229`
`Together`
`73,693`
`CTG/YWA`
`1,954`
`Duke of Edinburgh`
`-`
`Outreach Recovery`
`-`
`Crucial Crew`
`15,344`
`Open Source`
`10,716`
`Suffolk Community Foundation I Will`
`4,934`
`Together Year 2`
`114,507`
`Community Youth Worker`
`1,000`
`Drama at the Mix`
`11,409`
`SCF - Youth Intervention Knife and Drugs`
`20,000`
`Together Year 3`
`19,673`
`623,790`
**`TOTAL FUNDS`**
`1,067,784`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(163,401)`
`(128,977)`
`(212,299)`
`33,109`
`2`
`164,164`
`(375,698)`
`68,296`
`(32,191)`
`940`
`(862)`
`(862)`
`(48,159)`
`3,443`
`(3,559)`
`-`
`(4,374)`
`(4,374)`
`(81,189)`
`2,757`
`(19,831)`
`(52)`
`(34,665)`
`22,364`
`(260)`
`1,547`
`(2,790)`
`(2,790)`
`(84,772)`
`14,706`
`(12)`
`217`
`(48,445)`
`25,248`
`(149)`
`1,805`
`(359)`
`(359)`
`(3,650)`
`(3,650)`
`(1,081)`
`14,263`
`(10,470)`
`246`
`(4,934)`
`-`
`(108,294)`
`6,213`
`-`
`1,000`
`(11,409)`
`-`
`(20,000)`
`-`
`(18,985)`
`688`
`(540,440)`
`83,350`
`(916,138)`
`151,646`| |---|---| ## **`Transfers between funds`** ``` The transfers from restricted funds to the general fund are for restricted fund costs met from the General fund. ``` ``` continued... ``` ``` Page 30 ``` ``` The Mix Stowmarket Limited ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2021 ``` ## **`21. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 March 2021. ``` ## **`22. ULTIMATE CONTROLLING PARTY`** ``` The charity is controlled by the body of trustees, but no one trustee has overall control. ``` ``` Page 31 ``` ``` The Mix Stowmarket Limited ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 31 March 2021`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`Other trading activities`**
`Fundraising events`
`Other income`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Income from activities`
`Grants`
`Other funding`
`Office space rentals and service charges`
`Room rentals`
`Rental of other space`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Wages and external practitioners`
`Hire of equipment`
`Depreciation of café equipment`
`Loss on sale of tangible fixed assets`
**`Charitable activities`**
`Wages and external practitioners`
`Social security`
`Pensions`
`Rates and water`
`Insurance`
`Light and heat`
`Telephone`
`Postage and stationery`
`Advertising`
`Carried forward`|`2021`
`£`
**`9,000`**
**`4,940`**
**`172`**
**`5,112`**
**`37`**
**`-`**
**`163,573`**
**`309,965`**
**`84,493`**
**`28,391`**
**`-`**
**`586,422`**
**`600,571`**
**`17,301`**
**`527`**
**`995`**
**`-`**
**`18,823`**
**`262,904`**
**`17,532`**
**`5,113`**
**`6,105`**
**`3,514`**
**`30,633`**
**`3,337`**
**`2,384`**
**`2,658`**
**`334,180`**|`2020`
`£`
`14,861`
`10,509`
`-`
`10,509`
`800`
`368`
`81,916`
`233,651`
`61,099`
`47,134`
`16,875`
`441,043`
`467,213`
`13,053`
`362`
`995`
`(70)`
`14,340`
`220,988`
`19,565`
`5,363`
`5,578`
`3,206`
`38,792`
`3,526`
`4,546`
`1,665`
`303,229`| |---|---|---| ``` This page does not form part of the statutory financial statements ``` ``` Page 32 ``` ``` The Mix Stowmarket Limited ``` ## **`Detailed Statement of Financial Activities`** ## **`for the Year Ended 31 March 2021`** |**`Charitable activities`**
`Brought forward`
`Sundries`
`IT equipment and other costs`
`Travel`
`Recruitment`
`Training`
`Subscriptions`
`Building repairs and maintenance`
`Cleaning and waste`
`Direct project costs`
`Depreciation of IT equipment`
**`Support costs`**
**`Management`**
`Wages`
`Social security`
**`Finance`**
`Bank charges`
**`Governance costs`**
`Accountancy and payroll`
`Legal fees`
`Independent examiner's fees`
`Total resources expended`
**`Net income`**|`2021`
`£`
**`334,180`**
**`3,357`**
**`6,857`**
**`541`**
**`275`**
**`4,480`**
**`577`**
**`20,651`**
**`16,351`**
**`11,204`**
**`2,114`**
**`400,587`**
**`34,129`**
**`2,276`**
**`36,405`**
**`378`**
**`9,051`**
**`-`**
**`4,500`**
**`13,551`**
**`469,744`**
**`130,827`**|`2020`
`£`
`303,229`
`4,258`
`9,655`
`1,899`
`275`
`390`
`35`
`11,593`
`5,890`
`9,761`
`3,208`| |---|---|---| |||`350,193`
`59,358`
`4,379`| |||`63,737`
`795`
`10,925`
`1,884`
`4,520`| |||`17,329`| |||`446,394`| |||`20,819`| ``` This page does not form part of the statutory financial statements ``` ``` Page 33 ``` ## **Virtual Cabinet Portal Digital Signatures** ## **Digital Signature Verification** You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page: https://www.virtualcabinetportal.com/VerifySignedDocument ## **Signature Dates and Times** All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page: http://www.virtualcabinetportal.com/WhatIsUTC ## **Signature 1** Signed by Marisa Batson using authentication code QlRoNzlrY0gmQkdj at IP address 185.251.11.92, on 2021/12/03 11:30:33 Z. Marisa Batson's e-mail address is: chair@themixstowmarket.co.uk. Marisa Batson added the following comments: "Signed by Marisa Batson, Chair of Trustees The Mix Stowmarket" ## **Signature 2** Signed by James Knights using authentication code L1Yva8KjWkVcWnowaw== at IP address 213.129.74.45, on 2021/12/03 12:06:52 Z. James Knights's e-mail address is: james@knightslowe.co.uk. James Knights added the following comments: "Independent Report Signed"