|||||PAGE|
|---|---|---|---|---|
|CONTENTS:||||:|
|Administrative|Details||||
|Trustees' Report||||2-4|
|Independent|Examiner's|Report|||
|Statement of|Financial Activities||||
|Balance Sheet|||||
|Statement of|Cash Flows||||
|Notes to the|Financial Statements|||9-16|
|Detailed Income and Expenditure|||Account|17|
|TRUSTEES:|Councillor RWest||||
|---|---|---|---|---|
||Mr G Christy||||
||Councillor C Boden||||
||Mrs I Scotten||||
||Councillor
C Seaton||||
|CHARITY NUMBER;|1151445||||
|COMPANY NUMBER:|CE000317||||
|PRINCIPAL ADDRESS:|5 Martin Avenue||||
||March||||
||Cambs||||
||PE15 OAY||||
|INDEPENDENT EXAMINER:|Ian W Siupley FCCA||||
||Prentis &CoI.LP||||
||Chartered
Accountants||and Independent|Examiners|
||115cMilton Road||||
||Cambridge||||
||CB4 IXE||||
||Barclays Bank Pic||||
||I Churchill
Place||||
||London||||
||E145HP||||
|SOLICITORS;|Kenneth Bush Solicitors||||
||11New Conduit|Street|||
||Kings Lynn||||
||Norfolk||||
||PE30 IDG||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|Funds|Funds|
||||31st|31st|31st|31st|31st|31st|
||||March|March|March|March|March|March|
||||2022|2022|2022|2021|2021|2021|
|||Notes|||||g|g|
|INCOME AND|ENDOWMENTS;||||||||
|Donations
and|legacies|3|204|5,719|5,923||13,642|13,642|
|Charitable
activities||4|35,686|424,006|459,692|33,153|564,174|597,327|
|Investments||5||3|3||757|757|
|Other income||6||86,804|86,804|51,014|1,616,042|1,667,056|
|TOTAL INCOME|||35,890|516,532|552,422|84,167|2,194,615|2,278,782|
|EXPENDITURE:|||||||||
|Charitable
activities||7|12,903|666,145|679,048|20,141|1,197,120|1,217,261|
|NET INCOME|FOR THE YEAR||||||||
|Net movement|in funds||22,987|(149,613)|(126,626)|64,026|997,495|1,061,521|
|Fund balances|at 1st April 2021||64,026|1,327,885|1,391,911||330,390|330,390|
|Fund balances|at 31st March 2022|18|87,013|1,178,272|1,265,285|64,026|1,327,885|1,391,911|
##
##
|BALANCESHBBT|||||||
|---|---|---|---|---|---|---|
||||31stMarch||31stMarch||
|||||2022||2021|
|||Notes|6|6|6|6|
|PIXEDASSETS
Tangible assets||||926,651||1,016,839|
|CURRENT ASSETS|||||||
|Debtors|||114,488||209,783||
|Cash at bank and
in|hand||252,692||226,486||
||||367,180||436,269||
|Creditors: amounts
falling due within
one year||13|(28,546)||(61,197)||
|NBT CURRENT ASSETS||||338r634||375,072|
|Total assets less cunent liabilities||||1,265,285||1,391,911|
|INCOME FUNDS
Unrestricted
funds||18||1,178,272||1,327,885|
|Restricted
funds||||87,013||64,026|
|||||1,265,285||1,391,911|
##
##
|STATEMENT OF CASH|FLOW|S|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||Total|Total|
|||||Note|||
|Net cash used in operating|activities|||15|(230831)|I 026 167|
|Cash flows form investing
Interest received|activities:||||3|757|
|Purchase offixed assets|||||(10,466)|(890,371)|
|Sale offixed assets|||||267,500|20,251|
|Net cash provided
by investing||activities|||257,037|(869,363)|
|Change
in cash and cash equivalents|||in the year||26,206|156,804|
|Cash and cash equivalents
ofthe reporting
period|at the|beginning|||226,486|69,682|
|Cash and cash equivalents
reporting
year|at the|end|ofthe||252,692|226,486|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|NOTES|TO THE FINANCIAL STATEMENTS|TO THE FINANCIAL STATEMENTS|TO THE FINANCIAL STATEMENTS|TO THE FINANCIAL STATEMENTS|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||CHARITABLE ACTIVITIES||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
||||||Funds|Funds|Funds|Funds|Funds|Funds|
||||||2022|2022|2022|2021|2021|2021|
||Community|Transport|||2,216|424,006|426,222|33,153|564,174|597,327|
||Community|Hub|||33,470||33,470||||
||||||35,686|424,006|459,692|33,153|564,174|597,327|
|5.|INVESTMENTS||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
||||||Funds|Funds|Funds|Funds|Funds|Funds|
||||||2022|2022|2022|2021|2021|2021|
|||||||f|||||
||Interest receivable|||||3|3||757|757|
||OTHER INCOME||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
||||||Funds|Funds|Funds|Funds|Funds|Funds|
||||||2022|2022|2022|2021|2021|2021|
|||||||f|||||
||Net gain on|disposal||oftangible|||||||
||fixed assets|||||64,483|64,483||808|808|
||Funds and donations|||from merged|||||||
||associates|||||||51,014|1,418,571|1,469,585|
||Government|grants||||22,321|22,321||196,663|196,663|
|||||||86,804|86,804|51,014|1,616,042|1,667,056|
||CHARITABLE ACTIVITIES||||Restricted|Um estricted|Total|Restricted|Unrestricted|Total|
||||||Funds|Funds|Funds|Funds|Funds|Funds|
||||||2022|2022|2022|2021|2021|2021|
||||||||6||||
||Staff costs||||2 216|326,176|328,392||658,363|658,363|
||Depreciation|and|impairment|||56,651|56,651||132,665|132,665|
||Vehicle hire|||||118,926|118,926||133,600|133,600|
||Vehicle running
costs|||||108,235|108,235|542|135,974|136,516|
||Community|Hub|and|depreciation of|||||||
||Hub assets||||10,687||10,687|19,599||19,599|
||||||12,903|609,988|622,891|20,141|1,060,602|],080,743|
||Share ofsupport||costs (note 8)|||37,497|37,497||90,723|90,723|
||Share ofgovernance|||costs (note 8)||18,660|18,660||45,795|45,795|
||||||12,903|666,145|679,048|20,141|1,197,120|1,217,261|
##
##
##
|SUPPORT|COSTS||Support|Governance|Total|Support|Governance|Total|
|---|---|---|---|---|---|---|---|---|
||||Costs|Costs|2022|Costs|Costs|2021|
|||||||f.|||
|Rent|||520||520|520||520|
|Rates|||2,763||2,763|3,604||3,604|
|Light, heat|and power||8,217||8,217|10,083||10,083|
|Insurance|||6,423||6,423|12,522||12,522|
|Repairs
and renewals|||1,703||1,703|25,251||25,251|
|Telephone|and fax||2,756||2,756|4,286||4,286|
|Computer|software|and maintenance|3,636||3,636|7,968||7,968|
|Printing,
postage and stationery|||5,247||5,247|9,835||9,835|
|Sundry expenses|||3,530||3,530|2,500||2,500|
|Bank charges|||1,642||1,642|4,562||4,562|
|Advertising|||],060||1,060|9,592||9,592|
|Accountancy||||10,610|10,610||32,166|32,166|
|Legal and|professional|||8,050|8,050||13,629|13,629|
||||37,497|18,660|56,157|90,723|45,795|136,5]8|
##
##
|EMPLOYEES|||Period|Period|
|---|---|---|---|---|
||||31st|31st|
||||March|March|
|Number ofemployees|||2022|2021|
|The average monthly|number ofemployees|during the period was:|28|45|
|Employment
costs|||2022|2021|
|Wages and salaries|||311,905|621,894|
|Social security costs|||11,139|24,114|
|Other pension costs|||3,942|9,361|
|Other staff costs|||1,406|2,994|
||||328,392|658,363|
|TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|CURRENT PERIOD|Land and|Plant and|Fixtures
and|Computer|Motor||
||Buildings|Equipment|Fittings|Equipment|Vehicles|Total|
|COST|||||||
|At 1stApri]2021|850,000|17,522|16,202|4,545|437,179|1,325,448|
|Additions|5,000|5,466||||10,466|
|Dispose]a|||||(267,500)|(267,500)|
|At 31March 2022|855,000|22,988|16,202|4,545|169,679|1,068,414|
|DEPREC]ATION|||||||
|At 1stApril 2021|1],390|16,537|4,050|3,689|272,943|308,609|
|Charge|1],412|1,214|3,038|285|41,922|57,871|
|Dispose]a|||||(224,717)|(224,717)|
|At 31stMarch 2022|22,802|17,751|7,088|3,974|90,148|141,763|
|NET BOOK VALUE|||||||
|At 31stMarch 2022|832,198|5,237|9,]]4|571|79,531|926,65]|
##
##
||TANGIBLE FIXEDASSETS||Plant and|Fixtures and|Computer|Motor||
|---|---|---|---|---|---|---|---|
||PRIOR PERIOD|Buildings|Equipment|Fittings|Equipment|Vehicles|Total|
||COST||||f,|8|f,|
||At 1st January 2020||17,522|15,641|4,545|484,733|522,441|
||Donated &om Associates|850,000||561||39,810|890,371|
||Disposals|||||(87,364)|(87,364)|
||At 31 March 2021|850,000|17,522|16,202|4,545|437,179|1,325,448|
||DEPRECIATION|||||||
||At 1st January 2020||14,645||3,572|225,648|243,865|
||Charge|11,390|1,892|4,050|117|105,315|122,764|
||Eliminated|||||(67,921)|(67,921)|
||Impairments|||||9,901|9,901|
||At 31st March 2021|11,390|16,537|4,050|3,689|272,943|308,609|
||NET BOOKVALUE|||||||
||At 31stMarch 2021|838,610|985|12,152|856|164,236|1,016,839|
|12.|DEBTORS|||||2022|2021|
||Amounts
falling due within one year|||||8||
||Trade debtors|||||65,874|93,029|
||Other debtors|||||3|15,726|
||Prepayments
and accrued income|||||48,611|78,708|
|||||||114,488|187,463|
||DEBTORS|||||2022|2021|
||Amounts
falling due in more than one|year||||||
||Trade debtors||||||22,320|
||||||||22,320|
|13.|CREDITORS:|||||2022|2021|
||Amounts
falling due within
one year|||||||
||Trade creditors|||||8,114|51,357|
||Other taxation and social security|||||3,334|5,440|
||Other creditors|||||13,348|800|
||Accruals and deferred income|||||3,750|3,600|
|||||||28,546|61,197|
##
|RECONCILIATIO
ACTIVITIES|N
OF INCOMING RESOURCES TO NET|CASH FLOW FROM OPERATING||
|---|---|---|---|
|||2022|2021|
|Net movement
in|funds|(126,626)|1,061,521|
|Adjustments
for:||||
|Depreciation
and|profit on sale|(166,846)|131,857|
|Interest received||(3)|(757)|
|Losses on investments|||100|
|(Increase)/decrease|in debtors|95,295|(195,037)|
|Increase/(decrease)|in creditors|(32,651)|28,483|
|||(230,831)|1,026,167|
##
|NOTES|TO|THE FINANCIAL
STATEMENTS|THE FINANCIAL
STATEMENTS|THE FINANCIAL
STATEMENTS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|16.||OPERATING LEASE COMMITMENTS||||||||||2022|2021|
|||The following
operating||lease payments||are comntitted||to be paid:||||||
|||Total future commitments||||||||||322,578|440,020|
|||These relate to the lease||committed|to on|4 January 2021.||||||||
|17.||ANALYSIS OF NET ASSETSBETWEEN FUNDS|||||||||Restricted|Unrestricted|Total|
|||YEAR TO 31STMARCH 2022|||||||||Funds|Funds|Funds|
||||||||||||2022|2022|2022|
||||||||||||f,|f.||
|||Fixed assets|||||||||9,249|917,402|926,651|
|||Current assets|||||||||90,643|276,537|367,180|
|||Creditors
due wit]un|one|year|||||||(12,879)|(15,667)|(28,546)|
||||||||||||87,013|1,178,272|1,265,285|
||||||||||||Restricted|Unrestricted|Total|
|||PERIOD TO 3]STMARCH 2021|||||||||Funds|Funds|Funds|
||||||||||||2021|2021|2021|
|||||||||||||6||
|||Fixed assets||||||||||1,016,839|1,016,839|
|||Current
assets|||||||||84,167|352,102|436,269|
|||Creditors
due within|one|year|||||||(20,141)|(41,056)|(61,197)|
||||||||||||64,026|1,327,885|1,391,911|
|18.||STATEMENT OF FUNDS|||||||Brought||||Carried|
|||YEAR ENDED 31STMARCH 2022|||||||Forward||Income|Expenditure|Forward|
|||Unrestricted
funds||||||||||||
|||General
Funds - all funds|||||||1,327,885||516,532|(666,145)|],178,272|
|||Restricted
funds||||||||||||
|||Community
Hub|||||||13,554||33,470|(10,687)|36,337|
|||Shuttle Services|||||||50,472||||50,472|
|||Ukraine
donations|||||||||204||204|
|||Kickstart|||||||||2,216|(2,216)||
|||Total restricted
funds|||||||64,026||35,890|(12,903)|87,013|
|||Total funds|||||||1,391,911||552,422|(679,048)|1,265,285|
|||PERIOD ENDED 3]ST||MARCH 2021|||||Brought||||Can ied|
||||||||||Forward||Income|Expenditure|Forward|
|||Unrestricted
funds||||||||||6||
|||General
Funds - all funds|||||||330,390||2,194,615|(1,197,120)|1,327,885|
|||Restricted
funds||||||||||||
|||Community
Hub|||||||||33,153|(19,599)|13,554|
|||Shuttle Services|||||||||51,014|(542)|50,472|
|||Total restricted
funds|||||||||84,167|(20,141)|64,026|
|||Total funds|||||||330,390||2,278,782|(1,217,26])|1,391,911|
|||COMMUNITY
HUB||||||||||||
|||This fund was set up|in order to run||Be]riending||Clubs|and|a Community|Fridge, which opened
in March 2021.||||
##
##