**Charity number: 1150712** **Company number: 08233228** **(England and Wales)** ## **Antz Junction** **Report of the Trustees and Unaudited Financial Statements** **For the year ended 30 September 2021** **Antz Junction Contents Page For the year ended 30 September 2021** |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 8| **Antz Junction Report of the Trustees** ## **For the year ended 30 September 2021** The Trustee, who is also director for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 September 2021. The Trustee have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustee have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **FINANCIAL REVIEW** The trustees consider the financial position to be satisfactory. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Antz Junction **Charity registration number** 1150712 **Company registration number** 08233228 **Principal address** Wekwork 1 Spinningfields Quay Street Manchester M3 3JE **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mr David Pemberton Ms Nicola Geddes Mr Niall Murphy Mr Oliver Cavaliere Ms Dorothy Garner Ms Jo Geddes Hold Ms Shazda Ali Ahmed **Independent examiners** CMA Accountancy Ltd 39 Skull House Lane Appley Bridge Wigan WN6 9DR The trustees and officers serving during the year and since the year end were as follows: Approved by the Board of Trustees and signed on its behalf by Mr David Pemberton ............................................................................. 29 June 2022 1 of 8 **Antz Junction** ## **Independent Examiners Report to the Trustees** ## **For the year ended 30 September 2021** I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 September 2021. ## **Responsibilities and basis of report** As the charity Trustee, who is also director for the purposes of company law, is responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 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 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). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Chris Alcock ACMA CMA Accountancy Ltd 39 Skull House Lane Appley Bridge Wigan WN6 9DR 27 June 2022 2 of 8 ## **Antz Junction** ## **Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 September 2021** |**Unrestricted**
**funds**
**Notes**
**£**
**Income and endowments from:**
Donations and legacies
155,131
2
Other trading activites
-
**Total**
**155,131**
**Expenditure on:**
Charitable activities
(221,307)
5/6
**Total**
**(221,307)**
**(66,176)**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
37,663
**Total funds carried forward**
**(28,513)**||**2020**
**£**
184,825
19,660| |---|---|---| |||**204,485**| |||(167,769)| |||**(167,769)**| |||**36,716**
947| |||**37,663**| 3 of 8 08233228 Registered Number : ## **Antz Junction Statement of Financial Position As at 30 September 2021** |**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
10
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
11
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
12
**Net assets**
**The funds of the charity**
Unrestricted income funds
**Total funds**||**£**
**2021**
6,356
**6,356**
48,453
23,522
**71,975**
(74,696)
**(2,721)**
**3,635**
(32,148)
**(28,513)**
(28,513)
**(28,513)**|**£**
**2020**
7,477
**7,477**
10,709
112,970|**£**
**2020**
7,477| |---|---|---|---|---| |||||**7,477**| ||||**123,679**|| ||||(42,882)
**80,797**|| ||||**88,274**|| ||||(50,611)|| ||||**37,663**|| ||||37,663|| ||||**37,663**|| For the year ended 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section - 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records - and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr David Pemberton Trustee 29 June 2022 4 of 8 **Antz Junction Notes to the Financial Statements** ## **For the year ended 30 September 2021** ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Antz Junction meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** There are no material uncertainties about the charity's ability to continue. Grant income for the following financial year has been secured to ensure continued activity. ## **Funds** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future projects or committment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 15% Reducing balance Furniture,fittings, tools and 15% Reducing balance ## **Stocks and work in progress** Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
Grants received|**2020**
**2021**
**£**
**£**
21,940
9,664
162,885
145,467
**184,825**
**155,131**| |---|---| 5 of 8 **Antz Junction Notes to the Financial Statements Continued For the year ended 30 September 2021** ## **5. Costs of charitable activities by fund type** |**Unrestricted funds**
Support costs
**6. Costs of charitable activities by activity type**
Activity 1
**7. Staff costs and emoluments**
Total staff costs for the year ended 30 September 2021 were:
Salaries and wages
Social security costs
Pension costs
Employees||**2021**
**£**
221,307
**2021**
**£**
221,307
**2021**
**£**
76,044
3,784
540
**80,369**
**2021**
4
**4**||**2020**
**£**
167,769
**2020**
**£**
167,769
**2020**
**£**
56,393
-
498| |---|---|---|---|---| |||||**56,891**| |||||**2020**
3| |||||**3**| ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. 6 of 8 ## **Antz Junction** ## **Notes to the Financial Statements Continued For the year ended 30 September 2021** ## **9. Tangible fixed assets** |**Computer**
**Equipment**
**Furniture,fittin**
**gs, tools and**
**Cost or valuation**
**£**
**£**
33,118
456
At 01 October 2020
At 30 September 2021
**456**
**33,118**
**Depreciation**
25,720
377
At 01 October 2020
Charge for year
1,109
12
**26,829**
**389**
At 30 September 2021
**Net book values**
At 30 September 2021
At 30 September 2020
**67**
**79**
**6,289**
**7,398**||**Total**
**£**
33,574| |---|---|---| |||**33,574**| |||26,097
1,121| |||**27,218**| |||**6,356**| |||**7,477**| The depreciation charge for the year is £(1,708) in respect of assets leased under finance leases or hire purchase contracts. ## **10. Debtors** |**Amounts due within one year:**
Trade debtors
Prepayments and accrued income|**2021**
**2020**
**£**
**£**
17,244
10,500
31,209
209
**48,453**
**10,709**| |---|---| ## **11. Creditors: amounts falling due within one year** |Loans and overdrafts
Trade creditors
Other creditors
Accruals and deferred income
The following liabilities disclosed under creditors falling due within one year are secured by the charity:
Bank loans and overdrafts|**2021**
**£**
12,698
40,533
9,465
12,000
**74,696**
12,698
**12,698**|**2020**
**£**
-
13,829
17,820
11,233| |---|---|---| |||**42,882**| |||-
**-**| 7 of 8 ## **Antz Junction Notes to the Financial Statements Continued For the year ended 30 September 2021** ## **12. Creditors: amounts falling due after more than one year** |Loans and overdrafts
The following liabilities disclosed under creditors falling due after more than one year are secured by the charity:
Bank loans and overdrafts|**2021**
**£**
32,148
**32,148**
32,148
**32,148**|**2020**
**£**
50,611| |---|---|---| |||**50,611**| |||50,611| |||**50,611**| ## **13. Company limited by guarantee** Antz Junction is a company limited by guarantee and accordingly does not have a share capital. 8 of 8