2021-03-30-accounts - Bolton Children's Opportunity Group

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees			Mrs A Dodd
			Mrs N Greenwood		(appointed		17December 2020)
			Mrs J Mason
			Mrs K L Partridge
			Mrs SSeddon (appointed			30 March 2021)
			Mrs C Soeiro (resigned 13February 2021)
			Mrs M EWheatcroft		(appointed		30 March 2021)
Chair			Mrs J Mason
Secretary			Mrs A Dodd
Charity Number			1151118
Company	Number		08376180
Registered		Offic	Hamill House
			112-116Chorley	New Road
			Bolton
			BL1 4DH
Independent		Examiner	Mr Simon Worswick		BA	FCA
			R P Smith &Co Limited
			Hamill House
			112-116Chorley	New Road
			Bolton
			BL1 4DH
Bankers			Barclays Bank pic
			1 Market Street
			Bolton
			Bl11XA

		Page
Trustees' report		1-7
Independent auditor's	report
Statement of financial	acUvIUes
Balance sheet		10
Notes to the accounts		11-23

				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
			Notes	E	f	6
Income from:
Charitable activities				242,092	122,085	364,177	393,603
Donations				29,306		29,306	34,102
Other trading	activities			406		406	506
Investments				369		369	1,398
Total Income				272,173	122,085	394,258	429,609
Expenditure	on:
Charitable activities				308,276	122,098	430,374	470,224
Raising funds				1,062		1,062	20
Total expenditure				309,338	122,098	431,436	470,244
Net income I	(expenditure)	for the year		(37,165)	(13)	(37,178)	(40,635)
Fund balances at 1 April 2020				151,492	2,815	154,307	194,942
Fund balances at 30 March		2021		114,327	2,802	117,129	154,307

		2021		2020
	Notes		6	6
Fixed Assets
Tangible assets	15		14,974		17,561
Current Assets
Debtors	13	25,950		34,685
Cash at Bank and In Hand		92,695		120,778
		118,645		155,463
Current Liabilities
Creditors	14	(16,490)		(18,717)
Net Current Assets			102,155		136,746
Total Net Assets			117,129		154,307
The Funds ofthe Charity
Restricted Funds	16		2,802		2,815
Unrestricted Funds	18		114,327		151,492
Total Charity Funds			117,129		154,307

4 Investment
	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
Interest receivable	369		369	1,398
5 Donations
	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
Donations	4,306		4,306	9,102
Donated services, facilities and goods	25,000		25,000	25,000
	29,306		29,306	34,102

At 30March	2021 the Cha	rity had annual co	mmitments under non-can	cellabfe operating	leases as follow	s:
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
Rent due within one year			1,000		1,000	1,000
7Total expenditure
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
Fundraising			1,062		1,062	20
Expenditure	on charitable	activities	46,172	23,803	aa,a75	93,666
Wages and	salaries		259,638	97,555	357,193	372,712
Depreciation			2,466	740	3,206	3,846
			309,338	122,098	431,436	470,244

8 Expenditure		on charitable	activities Support	Unrestricted	Restricted	Total	Total
			costs	funds	funds	2021	2020
							f
Activities				1,299	398	1,697	4,237
Catering			71	1,281	132	1,484	2,963
Insurance			5,225			5,225	5,207
Repairs			3,861			3,861	16,180
Cleaning			6,518			6,518	5,790
Telephone			3,440	1,406	1,598	6,444	6,640
Stationery and		postage	494	3,461	989	4,944	5,168
Motor expenses				4,009	701	4,710	8,403
Travelling					39	47	2,486
Staff training				903		903	2,878
Sundry expenses			2,192		81	2,273	2,412
Rent			26,000			26,000	26,000
Legal and professional			13		175	188	148
Independent fees	Examiner's		2,988			2,988	2,946
Subscrlptions			1,569	401	554	2,524	1,955
Bank charges			169			169	253
Share ofSupport costs			(52,540)	33,404	19,136
				46,172	23,803	69,975	93,666

		Name ofTrustee	Remuneration	Amounts paid 2021 Social Pension	Total 2021	Total 2020
				Security costs Contribution
Mrs	A	Dodd	12,495	512	13,007	12,734
Mrs	K	Partridge	12,092	476	12,568	12,557
			24,587	988	25,575	25,291

12Cash at bank and In hand
	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
Barclays Bank pic	38,564	2,728	41,292	54,723
Aldermore Bank pic	51,373		51,373	66,023
Fundraising cash
Petty cash	30		30	30
	89,967	2,728	92,695	120,778
13Debtors
	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
Trade debtors	13,275	5,000	18,275	9,100
Other debtors	7,575		7,575	7,575
Prepayments	100		100	220
Accrued income				17,790
	20,950	5,000	25,950	34,685
14Creditors
	Unrestricted	Restricted	Total	Total
	funds	funds	2021	2020
Trade creditors				255
Taxes and social security costs	5,003		5,003	5,349
Other creditors	768		768	843
Accruals	2,880		2,880	2,820
Deferred Income		7,839	7,839	9,450
	8,651	7,839	16,490	18,717

15Tangible	fixed	assets
			Fixtures,	Fixtures,	Motor		Motor
			fittings & equipment Unrestricted	fittings & equipment Restricted	Vehicles Unrestricted	Vehicles Restricted		Total 2021
			Funds	Funds	Funds		Funds
Cost
At 1 April 2020			44,650	270	13,594			58,514
Additions			619					619
Disposals
At 30 March	2021		45,269	270	13,594			59,133
Depreciation
At 1 April 2020			31,954	183	8,816			40,953
Charge for the year			1,998	13	1,195			3,206
Charge on dlsposals
At 30 March	2021		33,952	196	10,011			44,159
Net book value At 30 March 2021			11,317	74	3,583			14,974
At 31 March	2020		12,696	87	4,778			17,561
16Restricted Funds
The income	funds	ofthe charity include restricted		funds comprising	the following	unexpended	balances ofdonations
and grants held on trust for			specific purposes:
	Funds		Balance at					Balance at
			1 April 2020	Movement in funds Income Expenditure Depreciation				30 March 2021
Furniture			87				(13)	74
Donations			2,728					2,728
Charitable Activities				117,997	(117,269)		(728)
Minibus running		costs		4,089	(4,089)
Total Funds			2,815	122,086	(121,358)		(741)	2,802

7Total Mo	vement In funds
	Funds	Balance at 1 April 2020	Movement Income	In funds Expenditure	Balance at 30 March 2021
Restricted	Fund	2,815	122,085	(122,098)	2,802
Unrestricted	Fund	151,492	272,173	(309,338)	114,327
Total Funds		154,307	394,258	(431,436)	117,129

		Unrestricted	Restricted	Total
		funds	funds
Fund balances at	30 March 2021 are
represented by:
Tangible fixed assets		14,900	74	14,974
Current assets		115,917	2,728	118,645
Creditors: amounts one year	falling due within	(16,490)		(16,490)
		114,327	2,802	117,129

19Comparatlves for 2020	19Comparatlves for 2020	19Comparatlves for 2020
				Unrestricted	Restricted	Total
				Funds	Funds	2020
Income from:
Charitable activities				253,082	140,521	393,603
Donations				26,602	7,500	34,102
Other trading	activities			506		506
Investments				1,398		1,398
Total Income				281,588	148,021	429,609
Expenditure	on:
Charitable activities				300,455	169,769	470,224
Raising funds				20		20
Total expenditure				300,475	169,769	470,244
Net income I	(expenditure)		for the year	(18,887)	(21,748)	(40,635)
Fund balances at 1 April		2019		170,379	24,563	194,942
Fund balances at 31 March 2020				151,492	2,815	154,307
Income from	charitable	activities
				Unrestricted	Restricted	Total
				funds	funds	2020
Fees, funding	and grants			253,082	140,521	393,603
Donations
				Unrestricted	Restricted	Total
				funds	funds	2020
Donations				1,602	7,500	9,102
Donated services, facilities and goods				25,000		25,000
				26,602	7,500	34,102

Total expen	diture
		Unrestricted	Restricted	Total
		funds	funds	2020
Fundraising		20		20
Expenditure activities	on charitable	57,127	36,539	93,666
Wages and	salaries	240,077	132,635	372,712
Depreciation		3,251	595	3,846
		300,475	169,769	470,244

			Support	Unrestricted	Restricted	Total
			costs	funds	funds	2020
Activities				4,237		4,237
Catering			148	2,667		2,963
Insurance			5,207			5,207
Repairs			13,607		2,573	16,180
Cleaning			5,790			5,790
Telephone			659	2,474	3,507	6,640
Stationery	and postage		517	3,618	1,033	5,168
Motor expenses				3,403	5,000	8,403
Travelling				434	2,048	2,486
Staff training			252	2,376	250	2,878
Sundry expenses			2,412			2,412
Rent			26,000			26,000
Legal and professional			13		135	148
Independent	Examinate fess		2,946			2,946
Subscrlptlons			1,234	381	340	1,955
Interest on	overdue	tax
Bank charges			253			253
Loss on disposal of		lixed
asset
Share ofSupport costs			(59,042)	37,537	21,505
				57,127	36,539	93,666

Employees/ Key Pe	rsonnel
		Total
		2020
Wages and salaries		346,856
Social security cosis		21,050
Defined Contribution	Pension costs	4,806
		372,712

Tangible fixed assets
	Fixtures,	Fixtures,		Motor	Motor
	fittings & equipment Unrestricted	fittings & equipment Restricted		Vehicles Unrestricted	Vehicles Restricted	Total 2020
	Funds	Funds		Funds	Funds
Cost
At 1 April 2019	44,650	270		13,594		58,514
Additions
Disposals
At 31 March 2020	44,650	270		13,594		58,514
Depreciation
At 1 April 2019	29,715		168	7,224		37,107
Charge for the year	2,239		15	1,592		3,846
Charge on disposals
At 31 March 2020	31,954		183	8,816		40,953
Net book value At 31 March 2020	12,696		87	4,778		17,561
At 31 March 2019	14,935	102		6,370		21,407
Debtors
		Unrestricted		Restricted	Total
			funds	funds	2020
Trade debtors			9,100		9,100
Other debtors			7,575		7,575
Prepayments			220		220
Accrued income			8,325	9,465	17,790
			25,220	9,465	34,685

19Comparatives	for 2020 continued
Cash at bank and	In hand
		Unrestricted funds	Restricted funds	Total 2020
Barclays Bank pic		51,995	2,728	54,723
Barclays Bank pic
Aldermore Bank pic
Aldermore Bank pic		66,023		66,023
Fundralslng cash
Petty cash		30		30
		118,050	2,728	120,778
Creditors
		Unrestricted	Restricted	Total
		funds	funds	2020
Trade creditors		255		255
Taxes and social security costs		5,349		5,349
Other creditors		843		843
Accruals		2,820		2,820
Deferred income		9,450		9,450
		18,717		18,717

Restricted	Funds
The Income	funds	ofthe charity Include restricted		funds comprising	the following	unexpended	balances	ofdonations
and grants	held on trust for specific purposes:
	Funds		Balance at					Balance at
			1 April 2019	Movement in funds 31 March 2020 Income Expenditure Depreciation
Furniture			102				(15)	87
Donations			2,728	2,500	2,500			2,728
Charitable	Activities		21,733	140,521	161,674		(580)
Minibus running		costs		5,000	5,000
Total Funds			24,563	148,021	169,174		(595)	2,815

otal Move	ment In funds
	Funds	Balance at	Movement	In funds	Balance at
		1 April 2019	Income	Expenditure	31 March 2020
Restricted	Fund	24,563	148,021	(169,769)	2,815
Unrestricted	Fund	170,379	281,588	(300,475)	151,492
Total Funds		194,942	429,609	(470,244)	154,307

		Unrestricted	Restricted	Total
		funds	funds
Fund balances at	31 March 2020 are
represented by:
Tangible fixed assets		17,474	87	17,561
Current assets		152,735	2,728	155,463
Creditors: amounts one year	falling due within	(18,717)		(18,717)
		151,492	2,815	154,307