•AIX Empowerlng and enabllng young people to change thelr world and ours for 10 Years YEA of the Tru51ees and F¥wKial Statements for the Ye¥ Ended 31 Mwth 2023 The owMarket Lwniied 4 KnightsLowe
The Stowmwket Lnlted Contents of the F#wKial Slatement5 low iht Year EJMled JI March 2023 Chali's Inliixlud CEtrs Statement Report ol the Trustees 4 to 10 Statement ol Trurtees, Resp5e$ li Rewt ol the Indepethdent Auditows 12 to IS Consolidattd Statemtnt ol Finar#?ol Acthilits 16 Consolidoted BalKe Sheet 17 Corn 8dDnce Sheet for The l*x Ltd a5 a Entltv 18 Congomated Cash Flow Statemeftt 19 Notes tolhE Cath Flow Sl•temetht 20 Motes tothe FvwKial Statements 21 to 30 Deialed St•temeni ol Shwd4 Adl¥les 31 to 32
The Stowmwket Lnlted Chair's Intlodurth lor the Year Ended 31 Marth 2023 Thi5 year, ThE Mix emerged from the diffiCt preceding year5 in a heolthier p051ticn and our youth work resumed tu prtrpandemic l evels with a full range of actsvitis and5UPPOrt providedto growng numbers of young people. We provide rlch. I mpèctlLA actlvltie5 at our two pri mary locaticrts In Stowmarket and Needham Market provldlrq safe and inclusib spacs for them. andwe reach out to young people in schoc4 and in the community. The cha I lÈnRts laci w many youne people remain. which is why it is so importsnt to highl iRht how our staff and volunteers h•ve conti nuvd thelr efforts to rwnin¢full¥ hdp youn¢ people •cross the county th a coherent ran¢e af programme5 and activitie5 SUPPOrted by 5choo15. rnany local bu5ine55e5. the district and county counci15 and many Renttous fundtrs and supporters. We'fe proud of the difference they make to th¢ lives of youn8 people and thar The ri5e5 to the c05t of l ivirg have proven to be a (hallenge for the charity. and our colleague5 have brked hardto controls costs, reneKotiate service£harge5 and maximisein£ome. de5Plte escalatiU1lfy bill5. Our chief Executive joined the charity in June Z022 and there have been other appointrrents to strengthen the leadershipteam and bring spectalist skills into the charity- We have maintained our focus on developing our trading subsidiary 127 TradinRUmited. that operates the Ouck &Ttèpot caféand visiby cèntre in Needham Loke. the CèbbaEt5 & Kl cafè I nSt¢wmarket and our Crvative Br•nd •ten¢y. BRIX And. de5Plte the exterrn•l finance pre$5ures.we ended the year with a net operatsng surplLB and improved our reserves as reflected inthese ti nan(al ststernts. Fln•lly. this i4lend•r ¥e•r wrk$ 10-ye4rs of full oper4tiork% for The Mix. 4nd •n ent In March helped th4nk 5tskEholder5.celebratethe 4ihievtryts of Staff and young people. and rai5eawarene550f the charity.so L7ne fi nanoal year ended, and another began wth a good deal of p05itivttyand ambition,with further anThiver5ary/fundraisingevents plarsned. Marisa Balson Chair of Tru5tee5 P•¢e 2
The Mix 5towm¥ket Linited CEO'S statement lor the Year Ended 31 Marth 2023 Thi5 financial year wa5 P051tivE for the charity. Young people across mid-suffolk benefitted from the exceptional work of the youth team and new activitie5 were added to the portfolio. ensuring we were able to reach nK¢re young people in more ways. The year ended wlth a S•11 but slEniftcartfinancl•l Surp1 that rersed the deficltof the pre¥lous ftn•Trdal year and added to the reserves and our finanoal security. The Mix suCcessflY won two 3-year funding bid5 to provide lonEer- term proerammes to support youno people. These pro£tamw Cornplent our other activity.ts and provide the continuityand certslnty thai btnelits both the youn8 people Indthe youth work team. We have expanded our services to Netdham Market with a Aew locats(all&l Ihe Hut ' In Crowley Pèrk and our ne&v iafé In Needham L•ke iame onlintin sprire2022 We have Invested In the café. the Duck & Te4PQt whlch creates the potents'al to incre05E income from our trading 5ub5idiaryiumwny, 127 Tradin¥bmited. So, over the year. the ¢T0h of both our direct tharitsEleèctlvitie5 ènd the comwcSal acti¥itle5 has rwnt that the charityhas doubled Itscombined turnover to iustover £ 1 2m In so doin&we have created nre £ap4cltya Thd rt51 Iience In ouryouth Wofk and more p0551bilitJe5 for ourconwrerclal InCOEener?ty"On. Chlel Exe(utlve Officer Page 3
The Stowmwket L*nlted l of the Trustees lor the Year Ended 31 Marth 2023 The trustee5 who area150director5 of the charityforthe purp05esof the Cornpanie5 Act 2006. present their report with the fi naniial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provi 5icffj of Accounting ènd Reporting by Charities Statemtnt ol AOmnded Practice applicèt4t to chèritles prepèring thelf accounts In arcordance w+th the Finandal Reportsng 5tsndard applicatje in the UK and Republic c¢f Irelath4 IFRS 1021 (effective l January20191. OBJECTIVES AMD ACTivmES Obiectr4rs ald aims The charity txists to advan£tin Iiftand hd p prirmrily young people behveen the ages of elen andtwenty-tour who Ii¥tin the town ol stowmarkeL the surroyndirytowns •nd vill44tt and the county OF Suffolk throu8h - The provi5icfi of recreational, educational and leisure acknvitis in the interest of 500al welfare, designed to improve thr ConditiL of life. The provision ol support. advlce and Kuldance to de¥dop ththr skllls. capaclle5 and capabll IOe5 to enable them to partlclpalEln so(letya5 moture and responsitle individ15. Publit hefft The tru5tve5 h•ve reyrd for the ch)r1ty Cornrnission5 #uid4rbce on public benefit. Durin¢ the year we have delivered publ ic benelit and fulfilla4 these objectives through. open access youth work. group work. detsched youth work. £oa£hin& schods work. ontrto-ont work and by rnakinR our buildiry availaL4eto others to support youTrg people and the wlder communlty. Achie¥emen15 and perforrnanre We provSde enRaEI ng actSvStie5 for youn¢ people from 8 to 25 years althou¢hthe majority eny4in¢ wSth us are btheen 12 and 16 years ol age The ages of the young people attending 225 16 14 12 io io 140 Our programmes and activitles spanthe wholeyearto mèxiN¥sethe accessih"lityfor young people andwe engage wlth btNveen 300 oTrd Lsoo young people each ffnth The number of attendances of young people through the year 15LVJ Page4
Numbers of sessions delivered through the year 3tsJ 2(K) Ic Voknnleers Our voluntEers make an Snvalualjecontributifm to our ¥wrk. ThLy SUPPOrt our spe(lalistyouth %wrkers to dellver the activilesand often providea different outlook forthe youn2 ppIe. Generally, the number of volunteers we work wSth and the they donate to us have increasedoveT the year, risire to ove¥ 200 houis per nk)nth. The number of contact hours given by volunteers 300 200 loo Page 5
The Stowmwket Lnlted l of the Trustees lor the Year Ended 31 Marth 2023 ACHIEVEMENT AND PERFORMANCE chaiitab tI¥tieS To¢ethei Project The ToRethef Project supported young people aged 15. 24 lookiwto take thwr next step Into employmtnt. education or tralnlng We sUPPOrted young people thfO(teh ont0-One sessirrn and group s%iirkshops. some delivered In local secondaryschools_ We helped young ppIe move from NEEf (Not i Th EdJcation. Employment or Trai nin£) back i nto school, or work, other traininE chanoe jobs orRet a second job_ Thri¥e Our altttnatsve educatson provisi4 SUPPOrttd students from local rminstreèm secondary schods for a full day each week lor the sihod year RespondinEto the needs of the younR people we provlded a mixturt of one-to-one mentorlnq and coachin& vo(ationol and work-bo5ed 5ki115 devdopryEnt and 5moll youp academic tuition. We worked along51 dE many lo£al partner5 to offer a vari eiy of vocatiorl learni opportunitie5. incl udirg Meadlan& Men's Shed, Scorpion Martial Arts, Tostock Farm and Suffolk WildlifeTrLtst. Greenlizht5 Greenlights provided weekly mentoring for year 6 pupils fo(usirE on erTh)ty"onal wellbwnL social skills, resilience and secoJdaryschod transitsorn Our traintdvolunteer team provided supportto Indi¥i¢knl pupils I n local primary schods for 4 lull academlc ye•r. Open Attoss l Detwlbtd Open kcess"drop.In" sesslLYsprovided Iree •ccessto enrichiry4ftw schoc14nd holid4v41tlvllle5. whileour Oetached pro¥romme5 took youth k to young PEople where they are in their communities with the oimof reduci n& bèrrius to young people acce55ifEour supportand 5ervice5. Drama Drama helped young people to Erow ionfidence. Young people are encouraged to io<reate the theatrlcol production from stsrtto finish that includa4 a puformance ddiveredto famifyand friends. Diadem bwas a gir15-cdy group designed to help tThyrove confidence. rrthtal health. rdation5hiFS. body image and all the other tricky bitsof being a teen. Indu5ion 15pecid Edu(ztiDnal Need51SENI Our specialist Inclu5i(n f SEN Youth WoTker ensured our youth work was inclusr4t through traini collea2us and working alongsithour youth work team. providiry I I lYtorin to pronKte social enRaget and leadire a varlety ol small iroups at The Mix and In local schools. Coth * TiaininE We provided mentorln¢ and cotchiwto yourt¢ people across all our youth wx)rk projects Our youth workers entaRed in monthly professional supervision 5e55icrG from an accredited coach and coun5ellcr lor support and reflection We provi ded i nternal trainirgendor5ed by Suffolkcounty Council's SafeguardingPartnership. as well workingwith partners to facil itste YoLth Work tI 2 and 3 and profe5Stcmol £oachirtroining We also responded to needs within The Mix by writl nR4nd deliverlry trainl ryaround I I skillsand dtres<alation We offered much of OLtr tral ningto loul partners Includ1 our annuèl Effthonal Fitness Professicrnl DTelopment Day for pastoral and support stsff at our lo(al secondaryschools. Crucial Crew Crucial CrpJv was an annual event for around 1200 Year 6 pupils in mid-Suffolk alThd at irnproving their safety a%vareness. Secondwy 5choo15 Thi5 programme comprised ontrttrone coachiSeSsICfftsaTrd group Irk for young people who benefited from acce5S to safe. quiet. and reflective spaces and an emotionally availatrle adultfof support. Our youth 4%rkerS hdped young people renter the cla5SflKmof schoc4 setllnz •nd SLK<essldly rrturn to le•rninK Page 6
The Stowmwket Lnlted l of the Trustees lor the Year Ended 31 Marth 2023 FhYANCIAL Finala1 pOt)n The Miy reported èn 0peratlng5urpl for the year of £6.18112022". Ideficitl £123.09411. The Mix generated a turnover of f 627k and 127 Trading's turnover wa5 £580kth the new caterlne 51te at Needham Lake (The Duck & Teapot) opening in May 2022. The comblned turnover ol the charlty and It's tr•din¢subsidiaryw•s £1.208k.•n Increaseof £584kon lastyear. Material grants rt(eived in tht year came from The National Lotttry in support of the Together Pfoiect. Suffolk Communlty Foundationlor our rk wlth ViolehceA4ainstWonn artd Glrfs •Thd Suffolk County C¢uncil providlryfunds for our wvrk wthin 51hixJ15. Continued 5UPPOrt from local bu5ine55s Kuda Auto UK and PPG helped further fund our youth work dd ivery. Unre5trlcted grants re(elved In ihe year equate to £SSk from Garfield Weston and from the Henry 5th Foundation Trust. 1277radsnEre(•ved 0 15kErant from Mid5uffolk Dlstrlrtcouncil. Resei¥es poki The reserves s>olliywas updated on 13 J•nuary2023 Ifrom the prtwlous iLiew In February 20211. Trustees have consideredthe size of tht charity and the rtsour£es at its disposal. At present. it is neither possi1e oi deslrjble to hold ljrge reserves 4nd Trustees h4ve remaned reè14sbc about the assessnt ol need. e•sed on this. Tru5tee5 require minimum rE5erve5 E4uivalent to 2 InthS operaknn¥ upen5e5. TakSngexpected costof Ilvlr¢ Increass Into account.the rylnimum reserve Is set at£105k. Re5erve5 at 31 March 2023 artM7unted to £223.126.12022 f 216.9451. an incre5eof e6.181. The financial ststements have been prepared on a going concern basis a5 the tru5tee5 bd ieve that no material uncertsinties exist. The trustees have considered the levtl of funds hdd and the expected level of Income and . pendItUre for the fin4n<lal year from the •uthorlslre of these finarKial sts¢effthts. The budeeted i ncome and e¥penditure are sufficiertwith the ILwd of reserves for the charityto be ableto continue as a RoinR concern. Page 7
The Stowmwket L*nlted l of the Trustees lor the Year Ended 31 Marth 2023 FUTURE PLANS The Mix rKogni5e5 thatthere are many young people yetto benth't from the 5ervice5we offer andthereFore, expect that the charity will iontinue i n the next year This will rrost likdy mean a slighljy wider range of youth w?rk being available to more young people and an expandd age range of betswi the 8 and 25 to Incorpor•t¢ tTrJrt prlmary schoc4 children. To sSta1 thÈse actsvitis. we expect to tske on youth workers, trApand the businss administrab.on and tske on more oflicespèceto acctsmrrod•tE thE 8rowin¢ te4m$ and activitsis. Tht specific charitaE4e acti¥ikne& and serviits wll be planned and ddivered accordity to the needs of the local community •nd shoped by the youne people who benelit Irom these strvi£es. Ou¥ Mixed VIL survty of Deeds wlll be an import4nt component of under5tsndin8thot need. We wlll contlnue to seek external fundin¢ from local outhoritie5, trusts. foundètions, prlvate indlvldujls. paylne partlcular attentlon to signiflcart lon¢.term funding opportunities to provide the stsbility ènd ctrtal nty we need to Erow. We expect to expand out other lundraisitw actsvity.es and our trading subsidiary. 127 Trading knmited, v4ill play an Increasi Impoit•nt role In provldlr¢lhe addill¢ffj)l unrestrlcted fundln¢ needed to undttpln flnanclal stsbility and 5trength_ 5TRUCTURf, fjOVERNANCt AND MANAfjEhENT Governing document The charity is controlled byits governi ngdocument and constitute5 a linyted Company, limitedby guarantee, a5 defined by the CompanSes kt 2006. Reuuitment and apltment of new truslees Trustees are appotnted by the board in linewth the Eovernine docufftht Orzani5alvxHI 5trudure The tru5tee5 employ a Chief Executive Officer. Mr Malcolm Goodwin. to direct activitis in linewith our purpose and agreed strategy Key man•gement remunerolion Day to day nlanagernent is carrial out by the CEO. senior leaders and the wder manaReftt team. Remuneration is agreed by the board of trustees. REFERENCE AND AD1415[1vE DEfAIS ReEiSteied Company number 08010191 IEn¢land ond Wales) Registered ChDrity nwiber 1149539 ReRi5teied office 127 Ipswith Street stowmarket 5uffol k IP141BB Page 8
The Stowmwket L*nlted l of the Trustees lor the Year Ended 31 Marth 2023 Tru51ees Marisa Batson (Chairl Rebekah Warnock LoUlstHèmnnd Neil 5erieant Iresiened 23 5 221 Laura MorrisC (resigned 15.11_231 Rebca Youngs Iresi£ntd 18 7 221 Darr Chapman (appointed 14.9 221 Rob Dorrin¥ton (appointed 14.9.221 Luvuyo Mfazwe lappointtd 14 9 221 Karen Cross14ppointed 13.1.231 Senioi St&utory Auditor J Knights AGI Bsc Audltor5 Knights Lowe b"mited Eldo House Kempson WJV Suffol k Business Park 8ury St Edmunds 5uffol k IP32 7AR Bankers HS8C 12 Tavern street Ipsivith Suffol k IP13A2 Marih Con5ultiwie•st knRli41 Lid Fridey Lane Cottage Church Lane, Hlt(ham, Ipswlch. IP77NN (Flnonclal servlces ceased 6 March 20231 Page9
The Stowmwket Lnlted l of the Trustees lor the Year Ended 31 Marth 2023 ACKNOWIEDGEMENTS The Mix ackno edges and thank5 ery person. orKani5atioaThd bu5ins5 that has 5UPPOrted the charitythrough the vear. It Is true to saythat The Mix%vould not have survivedwithout thei r support There area number of majorsponsor5, donors and ILtsndine 0rganbsatits that The MIX ¥wuld like to expressty naff. and thank for thdr contrlbutlons the follo linalphabeti(al orderl. Baber£h and Mid Suffol k Distrirtcouncil Eastern Countie5 Educational Trust Garfield Weston Henry Smith Foundation Herelordshi recorftmunlty Foundation Kuda UK Ltd Lawrence Atwd I Charity Lord Belstead charitableSeernent Norfolk County Council Policeand Crime Cornm15$10nw for Suffolk PPG I ndustries Colourfd communib.es Suffol k Communtty Foundatson Taylor Wl mpry East An811 The National Lottefv AUDITORS ThE auditor5, Kni¢hts Lowe kn'n4ted. VAII be proposed for r?appointment èt the forthcoming Annual General MeEting. Th55 report ha5 been prered Sn èccordarscewth the special pTo¥isl(Th of Part 15 of the Companles kt 2006 relatin¢ to small companies. Approved by order of the boafd of trustees on_----..........................-- andsigned on its behalf by_. Mèrlsa Batson- Trustee Paee 10
The Stowmwket Lknlted Slatement of Twuslees, Re lor the Year Ended 31 Marth 2023 The tru5tee5 (who are a150 the diTe(tor5 of The Mix Stc¥wmorket rnited for the purpose5 of company lawl are responsiefor prepari ngthe Annual Report and the finaniial 5tsterrents in accordoncewith applicaE4elawand United Kingdom kcountingsts Trdard5 (United KinEdom GenerèllyAciepted Accounting Practi£el. Company law requires the trustees to prepare finan(O)I 5trtets for each finandal year which Eive a true and falr vithv of the stste of affairs of the charitstde company and of the incoming resources and appl icab.cm of re50uTce5. includiw the income and expenditure, of the charststrje company lor that period. In preparine those fi nanoal ststements, the trustee5 arerequlred to stltitsuitabltaccounb ry policie5 and then applythtm Consistently. observe the methods and princl e$ In the Ch•rlty SORP. make judgeryts and e5timote5 that are reason•bleind prudent- preparethe finanaal 5tstements on the going concern b6S15 unles5 Itis inappropriatrto p¥e5ume thatthe Charitate companywill contsnue in busine55. The trustees are responsit4efor keeping proper accountirerecord5 whichdisclryewith reasonableaccuracyatany time the financial positi of the charitatrje company and to enable them to ensure that the financial ststements comply with thÈ Companies kt 2006. Thty arè also responsitrAe for safeguardiw the assets of the charita1 company and hence for t•kln¢ re•sonablesleps for tht pre4ention inddetecort of fraud ahd other Irrewl•rltle5. In so far as the trustees are aware". there is no relevènt •uditinformèts'ffi of which the ch•ritsLlecorYwny's •uditOW5 are unawaie". and the trustee5 have tsken all 5tep5 that thry ought to have tsken to make therr6elves aware of any relevant audit Informatlco andto estsblishthat the auditors are awareof that irslofmabon. Paee 11
ol the
ndent Atthors to the Ambeis of
The Mix Stowmwket limited
OpwiiDn
We have audlted the fin)nclal ststeffnts of The MIX Slowm•rket UrnAied (the 'ch•rlt•k4e<ompany'l for the year ended
31 March 2023 which comprise the Ststernent of Finaniial Activities. the Bèlance Sheet. the Cash Flow StsternEnt ond
note5 to the fi. nanaal ststements. includirg a Summary of 5ignifiort accounti pol icie5. The fi. nancial reporting
framework that has been applied In thei r preparaticn is applicaE4e law and United Kingdom fvKcounting Standard5
lun1t Kingdom Generallykcepted kcoLFntln& Prècllcel.
In our opinion the finanoal ststements-
RIVÈ a truÈ and lair view ol the statÈ of the CharItse company's affairs as at 31 March 2023 and of its Incorning
rescurcv•and appli<•lcm of resources. irtcludity It5 In£0 and expenditure, for the year then ended.
have been properly prepared in accordancewth Unld XinKdom Generallycepied cOuntIn Practice."and
have been prepartd in accordancewith the requirethts of the comnIt5 kt 2006.
We conducted our auditin accordancewth International Stsrndarth on Auditing IUKI IISAS IUKII and appl icaL4elaw. OUT
responsibi lit'e5 under those stsndar(b arefurther described inthe Auditors. responsibilitse5 for the auditof the fi nandal
5tstemtntS 5ectlon ol our report. We are Independent ol the charitst4e company l Th accordaThct with the ethlcal
requi rements that are relevant to our auditof the financial 5tstements inthe UK. Includithe FRC'S Ethical standard,
andwe have fulfilldour other ethical responsibilitie5 inaccordanwth these requirements. We beli Eve thatthe audit
evidencè we have obtained is sufficitnt and appropriateto provideè basis lor our opinion.
In auditirythe financial ststements. we ha¥e
ol the ndent Atthors to the Ambeis of The Mix Stowmwket limited Maiteis on whkh we we requked to rewt by ex¢epih) In the li¥htof the knowledge and under5tandin¥of the charitsL4ecompèny and its environmEnt obtsined in the course of the audit, we have not identified rnaterial misstatements inthe Report of the Tru5tee5. We have nothing to report In respect of the follo% rNtters where the Companlw> kt 2006 requires us to report to you If. In our oplnion adequate accountire records have not been kept or returns adequats for our audit have not been received from branches not visital by us, 0 the Ilnanclal ststements •renot In •8reement Vth the accountrr¢ iecoids and returns. or certai ndisclosure5 of tru5tee5' remuneratiori 5pe£ilied by lawore not made. or we have not rectivtd all the inlofmatscrt and explanatirffts requre for our audit. or the trustees were not tntitledto take •dvant•KeoF the sm•ll companies tAemption from the requlrement to prepare a 5tr6tryic Report or in prerin¥the Report of the Tru5tee5. ResWn5thties of tru51ees As txplained more fully In the StaterIt of Trustees. ResponsibillUt5. the truster* (who are also the dlre(tors ol the charItstetOmpanY for the purposes of company lawl are responsitrle for the Preparati of the financial ststements and for being satysfia4 that they Rive a true and fair view. and for such internal control as the trustees determine is ne(e5Saryto enable the prepèratscnol financial sthtenYnts that are free from mattyial misststemenL thÈthÈY due to fraud or ttror. In preparing tht financial ststements. the trustee5 are rtSPDnsitrdt for asse5siry tht charitaL4e company's abi lity to continue as a going concern. disilosiw 4$ •pplicabl¢ matters rd4ted to golhg concern 4nd using the RolnR concern ba5150f allounti unle55 the tru5tee5 either intend to l iquidètrthe IharitatAeiomwnyorto cea5Eoperation5.Dr have no real i5tic alternativebut to do 50. Paee 13
ol the ndent Atthors to the Ambeis of The Mix Stowmwket limited Oui responbIlliOes I the ol ihe Nn•KW stemenls Our objective5 ore to obtain reasonable a55urarKe about whether the financial ststerrents a5 a whol E are free from material misststetht. whether due to fraud or error. and to is5& Report of the Independent Ajjditors that i ncluds our opinion. Reasonable aSsUrare Is a high level of assuranc¢ but Is rsot a guarantee that an audit conducted In accordanctwith ISAS IUKI will alway5detect a rnètwial misststement when Itexists mlsststtThts canarisefrom fraud or error and are consSderedm•terial If. IndividlIYor Inthe aggregate. could reasonatrAy be expected to influence the economic decisius of users tsken on the basis of these finanoal ststements. The extent to whlch our procedures arecapable of detecln8 IrTe8ul•ritle5, IncludiTyfr4ud Is detslled below Our approaih to Idtntifyingand assessirqthe risk3 of rmterial misststement in ft5pect of irregularitio5. includitwfraud and non.compl lancewlth lo and ie4ul4tsons,was as follows -the engagemerst partner ensured thatthe engagement team collecknvdy had the appropriatscompetence, capabilitis and skills to Identify or recognisenon-iompliance wth applJiaL4e las and requlations". wt Identllied the lo and rryulatior6 applicat4e to tht company through discuss1c6 wlth the dITtOr and other monagement. and from our commercial knowledge and experience of the companies operating $tor. - we focused on specific la4 and regulatior6 %vhich we considered may have a direct material effect on the fi nanaal ststements or the Operatior ol tht company. Includire the Companies NLt 21)06. tsxationleRislaty"cm. dats protection, antl-brl bEry. employment. envlronrnEntsl and health •rbd s•fety leRi$lati. we asse55d the extent of compl lance with the la& and regulatiors I dentified above through making enquirie5 of management and I nsptctiry legal correspondence. and Identified arnd reRulatlors wff e communic•ted thIn the audlt tsam rqLtl•ily and the te4m rem•lned alertto in5tance50f noop11an(? throughout the audit. Weasse5sd the 5U5ceptibility of the company's financlal ststeThts to materlal mlsststerr( includlreobtsinl ry an understsndingof how fraud milht (Ur. by - moking enqul rie5 of rnanagent a5 to where thÉy considered there wa5 5usceptibilityto fraud, their knowledge of actual. suspected and alleged fraud. ton51derl rqthe Internal controls In placeto miu¢ate rlss of Iraudand non<ompliancewith la%%s and reRulatyons' To addres5 the risk of fraud through rnoThageffnt bias and overri de of contro15. we". performed onalyb'cal procedures to identsfy any unusual or unexpected rdationships- - tested jour1 entrles to Identify unusu41 transactyors. a$5e55tt1 whEther j udRew¥*nts ènd assumpti(¥s mode in detL¥minin¥ the accounti estimètes wert Indica of potential bias." investioated the rationèltbehirtd si¢nifi"cartor unusualtransacts"orf." In response to the rlskof irre4ul•ril"s and non-conyliancewth lav6 and reeulavons. we designed procedure5 which included. but were not limited to. - a¢reein¢ fi nan£i•l staterrent dlsclostys trj underlyin¢supportin¢ docUntIon. - readinKthe minute5 of meeting5 01 those charged with governance. enquiringof management asto actual and potential litigaticffi ènd claim5." - reviewing Cofrespondencewith HMRC. rdevant regulato Includirethe Environment A4ency and the company's Itgol Jdvlsors, There are Snherent limitstitt6 In our audit procedures described above. The ryre renKJved that la and reEulaOr& arefrom financial transactiors. the less likely It Is that we would becgrre awareof non<gmpl lance. AJJditine stsnda rd5 alsoli mitthe a udit procedure5 required to identifynon-compliancewth la and re£ulaty"or6 to enquiryof the dirertors and other management and inspecti¢y) ol rtgulatory and leRal correspondÈncÈ. il any Material rni55tstements thot arise due to fraud can be horder to detect than those that èri5e from error 45 they may involvedd iberateconcealment or collusicrL Paee 14
ol the ndent Atthors to the A*mbeis of The Mix Stowmwket limited A further descri ptionof our responsibililie5 forthe auditof the finanoa15tsterrthts is locatedon the Fi nanctal Reporting Council's website at fri org uk/)uditorsresponsibiliDtt This descripticn forrr6 part ol our Report of the Independent Auditor5. Ltse of oui report Thls report Is mède soldyto the chèritsE4ecompany s members. as a body. In accordance th Chapter 3 of Part 16 of the Companies P<t 2006 Our oudit work has been undertaken so that we might state to the charitswe company's members those matters we are requi red to ststeto them in anauditors. report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsÈbilitytO anyone other than the cha ritakle company and the CharIthteCtsrnpanY's members as a body, for our audits¥ork. for this report. or for the oplnior6 we have lorr. J Knights ACA BSC (Senior Statutory dItOrI for and on behalf of Knights Lo%¥e knmited Eldo HoLtse Kempson Way 5uffol k Business Park Bury St Edmunds SuFfol k IP32 7AR D4te'.,,... Paee 15
The Stowmwket lknlted C0ft501idaled Statement ol FIrn(la1 Actr¥ilies ratin an Incorne and nditure Actount lor Ihe Ye¥ Ended 31 Marth 2023 2023 Total lunds 2022 Totsl funds Unrestricted funds Restricted funds Notes INCOIK AND ENDOWME14T5 FROM Donatioro and leycies 66368 68BIO 8.968 Charitable aclivilie5 Youth ivork and associatod support Bul Iding-rtlatdactivity 7JO 212291 375920 376.650 212291 332.979 199,239 other tradi ngactivitis Investment income 601,708 290 899 GO207 290 262,994 51 Tot41 817,061 443.187 1260248 804.231 EXPENorruRE ON Rai5ir¥fund5 and other tradi ngactiviti6 625.733 7290 633JJ23 258.927 ChaIable tttivities Youth ivork and a5soclats4 5UPPQrt Bui Iding-relataactivity Overheads & Admin J,60J 146.371 I3732 252,674 89,951 42J)68 254.277 236A22 179W) Z05.612 207.988 139.498 Toial 285,506 384,693 670.199 545.287 NEf 4COIWIEXPENIrnI 194,1711 51204 142,9741 17 RECONCIIATION OF FUNDS Totsl lund5 bruuuht forward 145.492 91.151 236ffi43 236.626 TOTAL FUMOS CAIIIID fORWARD 51,314 142,355 193,669 236.643 Paee 16
The Stowmwket linited Con501idaled Baance Sheet 3IMarth 202J 2023 Total lunds 2022 Totsl funds Unrestricted funds Restricted funds Noles FLXED A55ET5 Tangibleassets Investments 15 16 99A17 98A17 95.425 98J17 98A17 95,425 CUIIRENT A&SEfS Debtors Cashatbankandinhand 17 38.586 117P92 21,766 308A99 60.352 426,491 33.318 415.OS7 156.578 330265 48643 448,195 CREDoR$ Amounts fall iw due w7thinone year 18 1203.5791 {187,9121 1391A911 1306.9771 CiMIRENT ASSETS 147mll 142,35J 95.352 141.218 TOTAL ASSEfs LESS CLfdlENT LiABILItEs 51.316 142,353 I939 236.643 51.316 142,353 193.669 236,643 FUNDS Vnrestrlcted funds RestrScted funds 19 51J16 142J53 145.492 91.151 TOTAI FUNDS 193,669 236.643 Thtso financial statements have been prepared in accordan with the pro¥isiLYs applicaide to charitallecompanit5 subiectto the sm•ll companies rew. . The financial ststements approved by the Board of Trustee5 and authorised for issue on nd were slgned on its behalfby Marisa Batson- Trustee The notes form pèrtof these financièl ststements Paee 17
The Stowmwket Lknlted The Mix Stowmarket Limited- as 3IMarth 2021 entit 2023 Total lunds 2022 Totsl funds Unrestricted funds Restricted funds Noles FLXED A55ET5 Tangibleassets Investments 15 16 22A04 22A04 18.472 22J05 2ZA05 18,473 CUIIRENT A&SEfS Debtors Cashatbankandinhand 17 20.529 74ffj77 21,766 308A99 42295 388.176 21.728 36B.71S 95206 330265 425A71 390,443 CREDoR$ Amounts fall iw due w7thinone year 18 136.738) {187,9121 I22450) 1191.9711 CiMIRENT ASSETS 58,468 142,35J loo21 198.472 TOTAL ASSEfs LESS CLfdlENT LiABILItEs 80.773 142,353 223.126 216.945 80.773 142,353 223.126 216.945 FUNDS Vnrestrlcted funds RestrScted funds 19 80.773 142J53 125.794 91.151 TOTAI FUNDS 223,126 216.945 Thtso financial statements have been prepared in accordan with the pro¥isiLYs applicaide to charitallecompanit5 subiectto the sm•ll companies rew. . The financial ststements approved by the Board of Trustee5 and authorised for issue on nd were slgned on its behalfby Marisa Batson- Trustee The notes form pèrtof these financièl ststements Paee 18
The Stowmwket Lknlted Consohdated Cash Flow Slaternent lof the Year Ended 31 Marth 2023 2023 2022 )t Cath Ib)ws liom opewalint l¥ll1t5 Cashgenerated from operations 52.571 40,302 Net cash provlded by opefatrnR actlvltits 52.571 40,302 Cash fh)ws from wive5tx 1•e5 Purcha5eof tangiblelixed assets Interest re(*ved 141.6071 190 178.9461 51 Net lash used In investinoact6vltits 141.3171 138,5931 Chwy In cash c45h equrrfalents the repowting ptwlod Cash al cash e4uNalents at the becwinw of the repowtingperv)d 1.709 415x157 413,438 Cash and ¢a5h equrvalenls at the end ol the ieporling perM)d 426A91 415,057 The notes form pèrtof these financièl ststements Paee 19
The Stowmwket Lknlted Nole5 lo the Ca%h Fh)w Statemenl lor the Year Ended 31 March 2023 RECONCILATK)N OF WCOMEIIEXPEP41)tnhREI TO CASH FLOW FROM OPEILATrIG ACTNIThS 2023 2022 Nel incomellexpendrflurel lor the reportlng per*)d las pei the 51atement ot F¥wKial Adi¥itiesl Adjustments for: DeprlatioN charges Interest re(Etved Ilncrea5elldecreo5ein debtor5 Increasein crtditors 14Z.9741 17 38,715 12901 127,2141 14,514 11.682 27,992 662 Nel cash provided by operatin5 51,751 40.302 ANAIYSL5 OF CHANrS WI NEW FUNDS At 1.4.22 Cash flow At31323 Net cash Cashatbankandinhand 426.491 11.434 415P57 426,491 11,4Y4 415fv57 Total 426,491 11,434 415J)57 The notes form pèrtof these financièl ststements Paee 20
The Stowmwket lknlted Nole5 to the Financial 5talementS lof the Year Ended 31 Marth 2023 ACCOUNTIG POLK Ba515 01 the 5taternentS The Iinèncial ststements of the charitaÈ4e company. which Is a public benefit entity under FRS 102. havt betn prepared in accordancewth the Charitses SORP (FR5 1021'kcountyneand Reporth ng by charitie$ 5tstement of Recommended Pracb"ce applicatde to charity"s preparinE th8r accounts in accordance with the Fi nanaal ReportinE Standard applicaNei n the UK and RÈpublic of IrdarAI IFRS 1021 lellective l January 20191. Fi nancial Reportin¢ Stsndard 102 'The F4nèn<i•l Reportin¢ Stirbd•rd applicatje In the UK and Republic OF IrEland' a nd the Companie5 kl 2006. The linanoal 51aternents have been prepared under the historical c05t convention. with the exception of iTrvostments which are includd at markd value. The pr25entstional currerKV of these financial 5taterrEnts is pound5 5terlin& arTK)unts 4re rounded to whole pound5. fjroup A(tounts As requi red by the Charitie5 50RP. Group accounts have been prepared to combine the charlty and Its tradin subsidiary 127 TradinE b mited. The subsidiary is controlled 100% by The Mix 5towmarket knmited. These accounts thorefore showthe consolidatttlresults of the Group. The information prtstnted therefore shows the positl¢kn OF the Group as a whole. and If required wther by •ccountir¢ stsndarf6 or to provide adeouate discloswethe si ngle entity of the parent- The Mix Stowmarket Limited. Goln¢ ¢on¢ein These finènciol 5tsterrents have been prepared on a Roin¢ concern basis as the Trustees are £onfldtnt that sufficiertfundingwill be received to enablethe charityto continue a5 a going Concern. Income Income 15 recoEn15ed In the 5tstement of Financial ktr"¥itie5 once the charity has entitlement to the funds, It Is probable that the i ncome i¥A11 be reCved and the anxjunt can be measured rdiably. Fundi ne received for prole£t5/actiwite5 whwe terms or conditirr6 exist which must be met before the charlty Is entltled to the re50urce5 is treated 05 deferred incor. ExpeThdituie Uabiliies are recoffnised 4$ expenditure 4$ soon js there Is a leyl Of COnStru<tlve ob11gatl commlttinq the charityto that Expenditur?, it 15 probablethat 6 tTan5ferof economic benEfits will be required i n 5etderrent and the amunt of the Obligati can be measured reliably. Expenditure is accounted for on èn accr15 basis and hasbeen classifial under headintsthataooreoate èll costrelated to the cateoory. Where coststènnotbe dIrecV attributed to partlcdor headin¢s thry have been allotatfd to actlvltss on a ba51s consistent with the use of resources TW lixed assels Depreciation 15 provided at the folloire4nnual rate5 inorder to vffite off each a55etover its e5ts' mated useful Cafe equlpment IT and gther e4uipn*nt 20% on cost 20-33% on cost The notes form pèrtof these financièl ststements Paee 21
The Stowmwket Lwnited Noles lo the 5talements. ronted low Ihe Year Ended 31 2023 Unrestricted fund5 con be used inaccordoncewith the ch4ritaLleobJectsve5 atthe di5creknim of the t¥U5tee5. Designated fund5 are unrestricted but specifia4 by the trusttts to be usedfor spetlfic purpose5. Ae5trlctedfunds con onlybe used for partcd•r restricted purpoSes%lhin the objects of the charlty RestrICor arisewhen specifial by the donor/funder orwhen funds are ratsey for party"Car restricted purposes. The MIX Stowm•rket Umlted curvently hasfunds restrlctedto the followlffj purposes.. Sthools Youth work Providingone to ont coJch1resesslo1d group for younl people In second•ryschools Thls pro¢ramme provide5 qUiEt. Safe spics for reflertion ond an availalle adult to erTh)tionally support young people on the return to 5ucce55fiJ learnir¢ and re entering classroc5. Open Auess These open access or.drop In- sessicffj are prgvided at both 5towmarket wthin the Mix bul IdiryE and Needham Market in the"Hut" at Cro&vl Park. Not only do these Sess1ry provide after schod and holidayactivities for young people. but thty also enable direct access to further services that the Mix provide throu£h the youth workers provldirysupport•t thest sesslors. Deia&d work Detached progrèmn)es tske youth work to people whefe thLy are In thdr £ommunltles th the )Im of reduci n4barriu5 to young people acces51oUr 5UPPOrt 5ervice5. CothknE We provl de rfntorlng and coachiry lo young people acrcss all our youth ¥Tk proletts. Our youth workers eneage in monthly professicl Supervisi sessi¢Y6 from an accredited coach and coun5dlor for support and reflecty"on. Thwi¥e Our alternativeeducation provi5iCffi SUPPOrted 5ttTrdents from local mainstream secondaryschoc45 for a full day each week for the schod year. Responding to the needs of the young people we provide a mixture of ontrt one mentorlnK 4nd (ChIn£ vo(atyor•l •nd wvrk-bjsed skills dLwdopment CnKial Crew Crucial Crew is an annual event for around 1200 Year 6 pupils in mid-suffolk aimed at impfovino their safety awareness. This pro¢rarnrnE helps youn¢ people build confidence by workln¢ throu¢h the year In theatrlcal productlon to culminotein an end of year performance held for farn1 friends. Together The Together Project supported young people 4Red IS. 24 looklre t¢} tske th•r next step Into employment, education. oi trainin¢ We hdped young people rN)ve fTom NEET (Not In Educètion. Employment or Trainl Ng) backi nto sch¢)ol. orbwrk. other trainin£ change jots or oet a second job. Holiday Activlty fund This fund provides activib.es for young people in the schoc4 holiday5 to keep the provisi(m of support open and acttsslkeotsl de of schod weas. The notes form portof these finanaJl statements Page 22 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 ACCOUNTIG Pol - c4mtinued Leas1 commitments Rentals paid under operating lease5 are charied to the 5t4tenwnt of Flnanclal ktlvltles on a straight line basls over the period of the lease. ThÈ Mix occupits a buildir which is owned by Suffolk County Council on a rent-free basls. In turn. The MIX provldesollice accommtsdaiion to Suffolk Co¢Jncil at redu<ed rates. Ptnsi1 tosts and othef Post-retiremert behtfits The IhJritsWt company oper•tes a defiAed COAtrlbytl+* penslon scheme C¢ntrlbutiot% p•y•ble to the Charits2(0rnpanY 5 pension schery are chargedto the Ststtrynt of Finènool ktivitie5 i n tht periodto which they rdate, allo£atsJ to funds on the ba515 aS5alaris paid. FkwKlal knsliuments A55ets ond I labiliie5 arelnitlally recognised at costor tran5acty.wol v•lueunless othewse stated. CK)NATKIP4S AND LEGACIES 2023 Total funds 2022 Totsl funds Unrestricted funds Restricted funds Donatio 66.368 68,412 8,973 OThER TIIADWG ACTiv1rS 202J Tot nds 2022 Totsl funds Unrestricted f4Jnd5 Restricted funds FUndraisie¥ents Other income Sales & trading Income Government grants I,ioi IOA)$7 575.133 15.000 2,000 IOX157 575,133 15,000 2.306 4.768 20S.0S2 50,855 601.788 899 602,607 262.994 W4VESTMEMT INCOME 2023 Total funds 2022 Totsl funds Unrestricted fund5 Restricted funds Deposlt•ccountlnteres1 290 290 si Page 23 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 INCOME FROM CHARftABLE ACTiv¥llES 2023 Totsl actlvltie5 2022 Total 4Ctlvltle5 Youth Work 8uilding-rdata4 4Ctlvlty Incoffefrom acty"vits"es Grants Other fundin¢ Office 5pacerenta15 and 5ervicecharge5 Room rentals 730 730 55,000 375.920 139.772 17,519 903 71.155 332,076 87.064 41.020 55WQ 375?20 139.772 17,519 376.650 212291 588,941 532.218 Grjnts recelved. In<ludal In the above. areas follo1.. 2023 2022 Suffolk County Council Ba ber¢h & Mld Suffolk DistrirtCoun¢ils Covid 19 fundirsi Suflolkcommunity Foundaty"on- VKirk wthin schods 55AIOO 49.135 22,020 55,000 71.155 RAIWIG FUNDS other tr4dw¥ xlivitie5 2023 Total funds 2022 Total funds Unre5tTlCted funds Restricted funds staff <osts Hlreof equlprrtnt Baddebts Depreciation Directtradingcosts & purchases Trèdlngoverhejds Tax80 19 516 1,169 242 492,628 128.531 2fi27 7273 17 7292 533 1,169 242 492,628 128,531 2,627 16,954 324 995 198.676 30.164 11,815 625.733 7290 633,023 258.927 Page 24 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 CHARftAeLE AcTIVff5 COSTS Support costslsee not¢ 81 Dlrect Costs Totals Youth work and associata4support Bui Iding-rÈ1ataCty¥Ity Overheads & Adrnin 254277 170.317 179.6(N) 254277 236,322 179.600 66W5 604,194 66IJ05 670,190 sLMRT COSTS Governance M•n•genxnt Flnance osts Totsls Bulldino-relatalact(vity 43.164 22.653 66m5 NET INCOPWIEXPENtXTlffE) Net In£omellexpeNditurel Is st•ted •fteY charon((red4tITh'. 2023 2022 Dtpre(latlon- owned assets Hlreof eqUipnt 10,715 533 7.684 324 io. TRUSTEES. IIEMLINERATIOM AND BENEFITS There were no trusttts, remuneratlon of other benefits for the ye4r ended 31 M•rch 2023 nor for the ytjr ended 31 March 2022. TfUStets' expenses No Trustee's were rdmbursed for any expense5 in 2023 or 2022. ii. STAFF COSTS 2023 2022 Wages and salèrits So<lèl se(urity costs othEr pension costs 418,748 27,638 7.735 364.831 23.810 6.IJ08 454,121 394.649 Totsl trustee and key nwnaEen*nt personnel renwnefats.on and benefits anh)unted to £40,44712022 £37,931). Pale 25 contlnued
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 ii. STAFF COSTS. conlinued The average rTrJnthly number of employees duringthe year was as follows". 2013 2022 Management and Business support Front of House Youth workeys TradinKaciivity 15 37 12 25 51 No employet5 received emluments in excess of £60.000. 12. COMPAIiATIVE5 FOR THE 5TATEME14T OF FW4AP4U4L ACTIV1F5 Unrestrlrted funds Restricted funds Totsl funds INCOME AND ENDOWMEMT5 FIK)M Donations and leEaci 2.513 5.455 8.968 Charitabl2 odi4rytie5 Youth work and a550ciats4 5UPPOrt Bullding-relata4octivity 28.885 149.239 354.096 50.000 332.979 199.239 other tradlnEaclvltSe5 Investsnent Sncome 261,371 51 1.625 262.994 51 Tot41 442,057 362,174 804,231 EXPENOITVRE OM RaIsIfUndS 241,973 16.954 25B.927 Ch•rilable arti4tyties Youth work ènd assoclatal support Bui 1ding-relatedacVIty Overheads & Admin 144.6731 166,893 127.400 250.285 41.095 4.287 205.612 207.988 131.687 Total 491.593 312.621 804.214 INCOIKIIEXPENDfniiEI Transler5 between fund5 149.5361 21.788 49.553 121.7881 17 Ntl mo¥emenl in 127.7281 27.765 123.0941 RECONCILI OF FUNDS Totsl funds brought forward 173.243 63.383 236.626 TOTAL FLW4DS CARRIED FOIIWARD 145.495 91.148 236.643 Page 26 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 13. Audilor5 Remuneration Auditors fees forthe year cory>rise-. 2023 2022 Audit & kcounts Preparaticm Fee 9.035 4.995 14. TXATIoN The Mi¥ 5towmrket kn'mitEd is subjectto corptsratitax on its trèdinlènd comftcial activikn's. In both 2023 and 2022 these attivitis did not generate a tsxable profi.t, therefore no Iharge or liabilityis includej in either vear A delerred tax liab¢lity relatingto acceleratedcèpitsl allowincs has been recoRnised of £14,44212022- eii.8151 The charKetotheSOfA Is £2,62712022-£11.8151 15. The i•wWe Ihxed assets ol ihe fxoup we •$ lolows: IT ond other tqulpment Cafe equiprrent Totals COST At l Aprll 2022 dltions Di5P05a15 90,717 J2,442 15,3821 42,188 14,547 132,905 46,989 15,3821 At 31 March 2023 117.777 56,735 174,512 DEPRECIATION At l April 2022 Charge for year 13,516 28248 23,964 10,467 37,480 38,715 At 31 March 2023 41.764 34.431 76,195 PIE[ 600K VALIX At 31 March 2023 ZZA04 98B17 At 31 March 2022 77.201 18.224 95.425 The Company hoscafé equiPnt hith a net book volueof £nil & IT andother equiPrrt of £22,304. 16. FIXED ASSEf VEsTNTs The company holts a l(M)% 5nvestrt in 127 TradinEknmFted anTr"nE to £1. In these RfOUP accounts the results for this subsidiary have been included. Indivithol accounts for the subsidiary are availalle from Companie5 Plouse. There were Tro investnxnt assets outsidethe UK. Pole 27 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 17. DE8TORS: AhK>LP4TS FAiLING WttHIN ONE YEAR 2023 2022 Trade debtors Prepayments stocks 36,706 14,672 9.024 26.769 2.869 3.500 60B52 33.138 The company has trade debtors of f 29.85812022- f 19.407land prep•ytrthts of t12,43712022-E2,3211. 18. CRECTORS: AfvKIUP4TS FALLWG wrtHI4 ONE YEAR The ueditor5 of the Gr0P Ive: 2023 2022 Trade credStors 8ank Loans Social se(urlty and other tsxes PLcrued expense5 and other creditor5 Incom In èdvance S390 42,157 48,465 81,381 185,598 43,075 48.039 20.063 36,8B3 158,918 Y91,491 306.977 The ueditors of the Company are: 2023 2022 Trade creditor5 Amounts owed to group undertakin85 social securltyand other tsxes crued expenses Income In advance 19.145 20,116 IOM26 9,080 185.598 7,941 4,995 158,918 224,650 191.971 Income In •dvancecomprlses fundln¥rece+ved lor projects1•<VI•jt$whert terffs orcondltltys exlstwhlch must be mEt before the chority 15 ents'ed to the resources. The tNven)ent In this provlsth w45 as follo%.' 2023 2022 Incon Inadvènce blf Aeceived durlngthe year Released to the SOFA duringthe year 158.918 569,497 1542171 156,449 410,846 1408.3771 Income in advanceclf 185.598 158,918 Page 28 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 19.
VEMENT W FLPIOS Net MOvetht Infunds Transfer5 betsveen funds At1422 31.3 23 lthrestrKted General fund 145092 {94.1781 51J14 Re5trxted fund5 MSDC Open kce$5 pri)vi511 SCC open acce55 expan5icn project Detsihed Project Coachlrl I to I Thrive se55Irys Crucial Crew Comrnunity Youth Wofkef Oram atthe Mix Together Year 3 Greenlights Schivjls Youth Work Together YEar 4 HAF Open kcess- Needham Open kce5s. Stowmèrk 9.508 4.367 2,694 19,078 611 19.5081 14A671 294 5,743 739 3.769 113.3351 428 3.769 1,783 10,949 4.576 28.514 2.071 2,450 110,9491 7,543 I263 4233 12,119 41.377 2A171 260 39.994 6,779 39.994 6.779 91.151 51202 142J53 TOTAL FiP4D5 236.fAJ 142.9741 193,669 Page 29 contlnued...
The Stowmwket Lknlted Note5 to the Financial StatementS- coll1ed lof the Year Ended 31 Marth 2023 19.
VEMENT W FLPIOS . continued Net mvement In funds. Includd In the above areèsfollows-. Incomlne resources Resource5 eApended M0vennt infunds lknrestrkted funds General fund 81761 19112391 194.1781 Restrkled fuYKIs Cornrnunity Youth Worker Detsched Project Coa£hir¢ I to I Thrlvt st5516 Crucial Crew Open Source Drama at the Mix To¢ether Ye•r S Greenlights Schools YW Togrther Year 4 Diadem Educats'on Oelivery HAF Open kcess. Needh4m Open kcess. 5towmarket SEN YW 11,000) 12,479) 114,310} 185.0971 18,4221 (S46> 113,1881 110,9491 113,0941 IJ9,J431 1101,6071 13001 1980) 112x1291 111.3561 151,1831 I1302> ii)Jooi 2h79 975 85.525 12.191 s46 IS39 113.3351 428 3,769 2850 110,9491 7548 12063 20fi87 52206 107,607 31)0 14,689 51,350 58.962 13W02 39,994 6,779 443,187 1391,9851 51202 TOTAL FLV4DS 1206248 113032221 142.9741 20. RELATED PARTY i)ISCL05LIIES There were no relJted partytransaCt4rys for the year ended 31 March 2023, 21. LiWTE CONIIK)LLINfj PARTY Tht charlty Is controlled by the body of trUse$. but no one trustee has overall control. 22. DIVvAL INCO STATEMEP4T As permltte(I by 5eclton 408 of the Companles kt 20)6, the Incoff* 51atement of the parent company Ss not presented as partof these finical ststerts. Paee 30
The Stowmwket Lknlted Oetailed Stotement ol Financial Actrii•Es lor the Year Ended 31 Marth 2023 2023 2022 INCOV AND ENDOWMEPITS tk)nhons leie5 Donatior 68NIO 8.968 other li•dhy &tl¥illes Fundrai5irqevents Other I ncome TradinRlncome TradingGrant Incon 2.306 4.780 205.052 50.855 10,474 575,133 15.000 602&)7 262.994 Investment irK¢)me Dep051taccounti nterest 290 51 Chawltabbe xlbvlties Income from activikn.es Grants Other fundin¢ Office5pacerenta15 ond 5ervicechar8e5 Roorn rentsls 730 55JlOO 375,920 139,772 17.519 903 71.155 332.076 87.064 41.020 588.941 532,218 Total resources 1260248 804.231 (PENDifuRE Other 114ky *tfvitles WaEe5 and e¥tErnal practityonus HSreof equipment Bad debts Depreclationof cèfeequiprrent Directcafé costs- purchase5 etc WaRes- café& trading attivitse5 Tr•dln4actlvlty- overhe•ds 7292 533 1.169 242 202,246 290,382 131.158 16.954 324 995 63.354 135.322 30.164 6331129 258.927 Paee 31
The Stowmwket Lwnited Oet&Ytd Statement ol Acti¥llits - ¢Onled low Ihe Year Ended 31 2023 2023 2022 Waees and external practitfjonus Social security Pensions Youth work relreshx*nts Water rate5 InsLtrance Rent. IIRhtJnd heat Telephone Postsge and 5tats'onery Advertising 371.009 24.921 7.735 475 lo22 2,562 891150 2.261 7.720 1.790 509.946 21.214 6.008 1.599 3.102 3.B36 42.339 2,915 4.440 256 I 11 Sundrlt5 IT equipment and other costs Travel Recruitment Tralnin4 Subscri ptiCffl5 8ui Idingrepairs and Maintenance CleanlnR4nd w4Ste Direct projEct Costs Counsel l i OeprecSatlonof ITequip¢Mnt 3.424 8.930 750 150 7.501 530 27.091 19.519 18.244 180 6,689 8.178 lJJ55 1.144 4M15 220 23,667 16,512 15.719 10.472 604.194 488,661 Support cosls Manaeement Wages social security Sub-£ontractadmlnistralJc 40N47 2.717 37.931 2.596 738 43,164 41,265 Flnan¢e Bank char¥es 195 countancyand payrdl LeRal fees Auditoillndependent examiner's fees 13290 328 9A135 9,905 266 4.995 2253 15,166 Totsl resources expended 1.303222 804.214 Net incomellexpenditurel 142.9741 17 Paee 32
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Signature 1
Signed by Marisa Batson using authentication code JHlFaE4zVsKjKSUxJQ== at IP address 78.149.13.28, on 2023/12/22 10:20:19 Z.
Marisa Batson's e-mail address is: chair@themixstowmarket.co.uk.
Marisa Batson added the following comments:
"Chair of Trustees"
Signature 2
Signed by James Knights using authentication code YklMbCUkWGp8RFhF at IP address 20.117.102.58, on 2023/12/22 12:38:37 Z.
James Knights's e-mail address is: james@knightslowe.co.uk.
James Knights added the following comments:
"Audit Report Signed"