| Page | |
|---|---|
| ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers | 4 |
| Trustees’report | 2-7 |
| Independentexaminer'sreport | 8-9 |
| Statementoffinancialactivities | 10 |
| Balancesheet | 11 |
| Statementofcashflows | 12 |
| Notestothefinancialstatements | 13-28 |
| Trustees | ShirleyTomlinson,Chairperson |
|---|---|
| JustineCrane | |
| JaynePrentice-Whitney | |
| EricBarratt(resigned21April2023) | |
| EleanorMcCabe(resigned27February2023) | |
| TitilolaUllem(appointed14November2023) | |
| Companyregistered | |
| number | 08398889 |
| Charityregistered | |
| number | 1151398 |
| Registeredoffice | RandolphHouse |
| ZionPlace | |
| Margate | |
| Kent | |
| CT91RP | |
| Chiefexecutiveofficer | VanessaWood |
| Accountants | KrestonReevesLLP |
| CharteredAccountants | |
| MontaguePlace | |
| Quayside | |
| ChathamMaritime | |
| Chatham | |
| Kent | |
| ME44QU | |
| IndependentExaminer | SusanRobinson |
| KrestonReevesLLP | |
| MontaguePlace | |
| Quayside | |
| ChathamMaritime | |
| Chatham | |
| Kent | |
| ME44QU |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Note | £ | £ | £ | £ | |
| Incomefrom: | |||||
| Donationsandlegacies | 3 | 86,488 | 314,615 | 401,103 | 442,988 |
| Charitableactivities | 4 | - | 335,718 | 335,718 | 226,254 |
| Othertradingactivities | 5 | - | 44,914 | 44,914 | 47,122 |
| investments | 6 | - | 1,219 | 1,219 | 380 |
| Totalincome | 86,488 | 696,466 | 782,954 | 716,744 | |
| Expenditureon: | |||||
| Raisingfunds | “ | 19,862 | 19,862 | 19,311 | |
| Charitableactivities | 7 | 101,488 | 710,470 | 811,958 | 858,330 |
| Totalexpenditure | 101,488 | 730,332 | 831,820 | 877,641 | |
| Netmovementinfunds | (15,000) | (33,866) | (48,866) | (160,897) | |
| Reconciliationoffunds: | |||||
| Totalfundsbroughtforward | 35,000 | 1,021,878 | 1,056,878 | 4,217,775 | |
| Netmovementinfunds | (15,000) | (33,866) | (48,866) | (160,897) | |
| Totalfundscarriedforward | 20,000 | 988,012 | 1,008,012 | 1,056,878 |
| Note | 2023 £ |
2022 | |||
|---|---|---|---|---|---|
| Fixedassets | |||||
| Tangibleassets | 12 | 635,174 | 663,327 | ||
| Currentassets | |||||
| Stocks | 13 | 1,750 | 1,571 | ||
| Debtors | 14 | 56,916 | 67,814 | ||
| Investments | 15 | 75,000 | 75,000 | ||
| Cashatbankandinhand | 275,965 | 307,129 | |||
| 409,634 | 451,514 | ||||
| Creditors:amountsfallingduewithinone year |
16 | (36,793) | (54,528) | ||
| Netcurrentassets | 372,838 | 396,986 | |||
| Totalassetslesscurrentliabilities | 4,008,012 | 1,060,313 | |||
| Creditors:amountsfallingdueaftermore thanoneyear |
17 | (3,435) | |||
| Totalnetassets | 4,008,012 | 1,056,878 | |||
| Charityfunds | |||||
| Restrictedfunds | 18 | 20,000 | 35,000 | ||
| Unrestrictedfunds | 18 | 988,012 | 4,021,878 | ||
| Totalfunds | 1,008,012 | 1,056,878 |
| Statementofcashflows Fortheyearended31March2023 |
||
|---|---|---|
| 2023 £ |
2022 £ |
|
| Cashflowsfromoperatingactivities | ||
| Netcashusedinoperatingactivities(seenote21) | (23,438) | (85,151) |
| Cashflowsfrominvestingactivities | ||
| Proceedsfromthesaleoftangiblefixedassets Purchaseofintangibleassets |
3,767 (1,913) |
: (9,277) |
| Netcashprovidedby/(usedin)investingactivities | 4,854 | (9,277) |
| Cashflowsfromfinancingactivities | ||
| RepaymentsofHPagreements | (9,580) | (10,066) |
| Netcashusedinfinancingactivities | (9,580) | (10,066) |
| Changeincashandcashequivalentsintheyear | (31,164) | (104,494) |
| Cashandcashequivalentsatthebeginningoftheyear | 307,129 | 411,623 |
| Cashandcashequivalentsattheendoftheyear | 275,965 | 307,129 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Donations | 500 | 25,063 | 25,563 | 29,140 |
| Grants | 85,988 | 289,552 | 375,540 | 413,848 |
| 86,488 | 314,615 | 401,103 | 442,988 | |
| Total2022 | 111,696 | 331,292 | 442,988 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| FE. | £ | £ | |
| DayCentre | 164,233 | 164,233 | 98,960 |
| BuddyBoxes | 171,485 | 171,485 | 127,294 |
| 335,718 | 335,718 | 226,254 | |
| Total2022 | 226,254 | 226,254 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| £ | £ | £ | ||
| Fundraising | 1,368 | 1,368 | 1,588 | |
| Shop | 43,546 | 43,546 | 45,534 | |
| 44,914 | 44,914 | 47,122 | ||
| Total2022 | 47,122 | 47,122 | ||
| 6. | Investmentincome | |||
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| £ | £ | £ | ||
| Interestreceivable | 4,219 | 1,219 | 380 | |
| Total2022 | 380 | 380 |
| Restricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Day | Centreandcontractcosts | 101,488 | 710,470 | 811,958 | 858,330 |
| Total | 2022 | 79,580 | 778,750 | 858,330 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | Total | |
| directly | costs | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| DayCentreandcontractcosts | 694,564 | 117,394 | 811,958 | 858,330 |
| Total2022 | 731,030 | 127,300 | 858,330 | |
| Analysisofdirectcosts | ||||
| Total | Total | |||
| Activities | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| £ | £ | £ | ||
| Staffcosts | 552,131 | 552,131 | 586,830 | |
| Depreciation | 22,132 | 22,132 | 28,089 | |
| Otherstaffcosts | 2,383 | 2,383 | 8,142 | |
| Meals | 64,911 | 64,911 | 45,892 | |
| Motorandtravel | 23,390 | 23,390 | 22,454 | |
| Eventsandactivities | 23,101 | 23,101 | 26,105 | |
| Hairdressing,chiropodyandfootclinic | - | - | 3,350 | |
| Laundryandcleaning | 5,046 | 5,046 | 6,178 | |
| Otherexpenses | 1,470 | 1,470 | 3,990 | |
| 694,564 | 694,564 | 731,030 | ||
| Total2022 | 731,030 | 731,030 |
| Total | Total | ||
|---|---|---|---|
| Activities | funds | funds | |
| 2023 | 2023 | 2022 | |
| £ | £ | £ | |
| Ratesandwater | 2,950 | 2,950 | 1,246 |
| Lightandheat | 16,929 | 16,929 | 14,774 |
| Insurance | 9,773 | 9,773 | 8,720 |
| Computercosts | 14,187 | 44,187 | 21,532 |
| Premisesrepairsandmaintenance | 42,356 | 12,356 | 45,257 |
| Telephone | 11,152 | 41,152 | 16,256 |
| Postage,stationeryandadvertising | 3,074 | 3,071 | 9,474 |
| Travelandsubsistence | 8,811 | 8,811 | 6,411 |
| Baddebts | 4,795 | 4,795 | (2,053) |
| Accountancyandindependentexaminationfees | 11,406 | 11,406 | 11,406 |
| Othergovernancecosts | 5,047 | 5,047 | 2,504 |
| HPinterestcharge | 725 | 725 | 4,992 |
| Sundryexpenses | 9,880 | 9,880 | 2,331 |
| Legalandprofessionalfees | 4,349 | 4,349 | 7,450 |
| Grantsrepaid | 920 | 920 | 40,000 |
| Lossonsaleoffixedasset | 1,043 | 1,043 | - |
| 117,394 | 117,394 | {27,300 | |
| Total2022 | 427,300 | 127,300 | |
| Independentexaminer'sremuneration | |||
| 2023 | 2022 | ||
| £ | E | ||
| FeespayabletotheCharity'sindependentexaminerfor | theindependent | ||
| examinationoftheCharity'sannualaccounts | 3,474 | 3,234 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Wagesandsalaries | 516,595 | 549,458 |
| Socialsecuritycosts | 27,406 | 28,808 |
| Contributiontodefinedcontributionpensionschemes | 8,130 | 8,564 |
| 552,131 | 586,830 |
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| Employees | 38 | 38 |
| Freehold | Motor | Fixturesand | |||
|---|---|---|---|---|---|
| property | vehicles | fittings | Total | ||
| £ | £ | £ | £ | ||
| Costorvaluation | |||||
| At1April2022 | 666,261 | 82,037 | 91,327 | 839,625 | |
| Additions | - | - | 1,913 | 1,913 | |
| Disposais | - | (13,890) | - | (13,890) | |
| At31March2023 | 666,261 | 68,147 | 93,240 | 827,648 | |
| Depreciation | |||||
| At1April2022 | 66,625 | 57,559 | 52,114 | 176,298 | |
| Chargefortheyear | 13,325 | 5,178 | 6,753 | 25,256 | |
| Ondisposals | - | (9,080) | - | (9,080) | |
| At 31March2023 | 79,950 | 53,657 | 58,867 | 192,474 | |
| Netbookvalue | |||||
| At 31March2023 | 586,311 | 14,490 | 34,373 | 635,174 | |
| At31March2022 | 599,636 | 24,478 | 39,213 | 663,327 | |
| 13. | Stocks | ||||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Rawmaterialsandconsumables | 1,750 | 1,571 | |||
| 14. | Debtors | ||||
| 2023 | 2022 | ||||
| £ | £ | ||||
| Duewithinoneyear | |||||
| Tradedebtors | 38,372 | 48,366 | |||
| Otherdebtors | 6,182 | 6,308 | |||
| Prepaymentsandaccruedincome | 12,362 | 13,140 | |||
| 56,916 | 67,814 |
| 2023 £ |
2022 £ |
||
|---|---|---|---|
| Bankdepositaccount | 75,000 | 75,000 | |
| 46. | Creditors:Amountsfallingduewithinoneyear | ||
| 2023 £ |
2022 £ |
||
| Bankoverdrafts Tradecreditors Othertaxationandsocialsecurity Obligationsunderfinanceleaseandhirepurchasecontracts Othercreditors Accrualsanddeferredincome |
. 15,396 7,627 2,612 3,934 7,224 |
40 22,878 8,082 11,156 4,197 8,175 |
|
| 36,793 | 54,528 | ||
| 47. | Creditors:Amountsfallingdueaftermorethanoneyear | ||
| 2023 £ |
2022 £ |
||
| Netobligationsunderfinanceleaseandhirepurchasecontracts | : | 3,435 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat1 | Transfers | 31March | |||
| April2022 | Income | Expenditure | in/out | 2023 | |
| £ | £ | £ | £ | £ | |
| Unrestrictedfunds | |||||
| Designatedfunds | |||||
| Fixedassetfund | 648,736 | - | - | (16,174) | 632,562 |
| Redundancyfund | - | - | - | 25,000 | 25,000 |
| 648,736 | - | - | 8,826 | 657,562 | |
| Generalfunds | |||||
| GeneralFund | 373,142 | 696,466 | (730,332) | (8,826) | 330,450 |
| TotalUnrestrictedfunds | 1,021,878 | 696,466 | (730,332) | . | 988,012 |
| Restrictedfunds | |||||
| KCCCommunityNavigator | - | 50,696 | (50,696) | ~ | - |
| KentCommunityFoundation | - | 5,000 | - | 5,000 | |
| GarfieldWeston | - | 15,000 | - | - | 15,000 |
| ChildwickTrust | 15,000 | - | (15,000) | - | - |
| AgeUKHerneBay | - | 15,292 | (15,292) | - | - |
| ASKCalservice(BigLottery Funding) |
20,000 | : | (20,000) | - | - |
| RotaryFund | - | 500 | (500) | . | - |
| 35,000 | 86,488 | (101,488) | - | 20,000 | |
| Totaloffunds | 1,056,878 | 782,954 | (831,820) | - | 4,008,012 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat 4April2024 |
Income | Expenditure | Transfers in/out |
31March 2022 |
|
| £ | £ | £ | £ | £ | |
| Unrestrictedfunds | |||||
| Designatedfunds | |||||
| Intergenerationalproject | 41,242 | - | - | (41,242) | - |
| Fixedassetfund | 657,482 | - | - | (8,746) | 648,736 |
| 698,724 | - | - | (49,988) | 648,736 | |
| Generalfunds | |||||
| GeneralFund | 516,167 | 605,048 | (798,061) | 49,988 | 373,142 |
| TotalSestiicten(anes | 4,214,891 | 605,048 | —«(798,061) | ‘ | 4,021,878 |
| Restrictedfunds | |||||
| KCCCommunityNavigator | - | 51,696 | (51,696) | - | - |
| SEK-COMFund | - | 20,000 | (20,000) | - | - |
| ChildwickTrust | - | 15,000 | - | - | 15,000 |
| ASKCalservice(BigLottery Funding) |
- | 20,000 | - | - | 20,000 |
| ArmedForcesfund | 2,884 | - | (2,884) | ~ | - |
| ThanetDistrictCouncil | - | 5,000 | (5,000) | - | - |
| 2,884 | 111,696 | (79,580) | - | 35,000 | |
| Totaloffunds | 4,217,775 | 716,744 | (877,641) | - | 1,056,878 |
| Balanceat | ||||||
|---|---|---|---|---|---|---|
| Balanceat1 | Transfers | 31March | ||||
| April2022 | Income | Expenditure | infout | 2023 | ||
| £ | £ | £ | £ | £ | ||
| Designatedfunds | 648,736 | - | - | 8,826 | 657,562 | |
| Generalfunds | 373,142 | 696,466 | (730,332) | (8,826) | 330,450 | |
| Restrictedfunds | 35,000 | 86,488 | (101,488) | ~ | 20,000 | |
| 1,056,878 | 782,954 | (831,820) | - | 1,008,012 | ||
| Summaryoffunds | -prioryear |
|||||
| Balanceat | ||||||
| Balanceat | Transfers | 31March | ||||
| 1April2021 | Income | Expenditure | in/out | 2022 | ||
| £ | F | £ | E | E | ||
| Designatedfunds | 698,724 | - | - | (49,988) | 648,736 | |
| Generalfunds | 516,167 | 605,048 | (798,061) | 49,988 | 373,142 | |
| Restrictedfunds | 2,884 | 111,696 | (79,580) | - | 35,000 | |
| 1,217,775 | 716,744 | (877,641) | - | 4,056,878 |
| Restricted | Unrestricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2023 | ||||
| £ | £ | £ | ||||
| Tangible | fixed | assets | - | 635,174 | 635,174 | |
| Current | assets | 20,000 | 389,631 | 409,631 | ||
| Creditors | due | within | oneyear | - | (36,793) | (36,793) |
| Total | 20,000 | 988,012 | 1,008,012 |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| £ | £ | £ | ||
| Tangiblefixedassets | 663,327 | 663,327 | ||
| Currentassets | 35,000 | 416,514 | 451,514 | |
| Creditorsduewithinoneyear | a | (54,528) | (54,528) | |
| Creditorsdueinmorethanoneyear | - | (3,435) | (3,435) | |
| Total | 35,000 | 4,021,878 | 1,056,878 | |
| 21. | Reconciliationofnetmovementinfundstonetcashflowfromoperating | activities | ||
| 2023 | 2022 | |||
| £ | £ | |||
| Netexpenditurefortheyear(asperStatementofFinancialActivities) | (48,861 | (160,89; | ||
| Adjustmentsfor: | ||||
| Depreciationcharges | 25,256 | 28,089 | ||
| Lossonthesaleoffixedassets | 4,043 | - | ||
| Decrease/(increase)instocks | (179) | 788 | ||
| Decreaseindebtors | 10,898 | 80,358 | ||
| Decreaseincreditors | (11,590) | (33,489) | ||
| Netcashusedinoperatingactivities | (23,438) | (85,151) | ||
| 22. | Analysisofcashandcashequivalents | |||
| 2023 | 2022 | |||
| E | £ | |||
| Cashinhand | 275,965 | 307,129 | ||
| Totalcashandcashequivalents | 275,965 | 307,129 |
| At1April | At31March | ||
|---|---|---|---|
| 2022 | Cashflows | 2023 | |
| £ | £ | £ | |
| Cashatbankandinhand | 307,129 | (31,164) | 275,965 |
| Bankoverdraftsrepayableondemand | (40) | 40 | ” |
| Financeleases | (14,591) | 11,979 | (2,612) |
| Liquidinvestments | 75,000 | - | 75,000 |
| 367,498 | (19,145) | 348,353 |