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|Report to the Trustees/|||||
|---|---|---|---|---|
|members of|Spectrum|Days|||
|On accounts forthe year|30April 2021||Charity no|1151711|
|ended|||(ifany)||
|Setout on pages|13-25||||
##
##
##
||||2020/21|||2019/20||
|---|---|---|---|---|---|---|---|
||Notes|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|Funds|Funds|Funds|
|Incoming
Resources||||||||
|Donations
and Legacies||||||||
|-Voluntary
Income||71,029|87,631|158,660|879|25,899|26,778|
|- Generated
Income||83||83|139||139|
|Charitable
activities||563,165||563,165|690,036||690,036|
|Other|||||2,921||2,921|
|-Total Income||634,277|87,631|721,908|693,975|25,899|719,874|
|Expenditure
on||||||||
|Raising
Funds||138||138|236|561|797|
|Charitable
Activities
Other||586,385
12,530|61,656|586,385
74,186|660,146
13,626|11,521|660,146
25,147|
|-Total Expenditure||599,053|61,656|660,709|674,008|12,082|686,090|
|Net income and net movement|in|||||||
|funds||35,224|25,975|61,199|19,967|13,817|33,784|
|Reconciliation
of funds||||||||
|Total funds bought forward||30,185|13,817|44,002|10,218||10,218|
|Total funds carried||||||||
|forward||65,409|39,792|105,201|30,185|13,817|44,002|
##
||||Notes|30|April 2021||30|April 2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|Funds|Funds|Funds|
|||||8|9|F|f|f|f|
|Fixed Assets||||||||||
|Tangible Assets||||49,980||49,980|8,633||8,633|
|Current
Assets||||||||||
|- Debtors|and Prepayments||12|101,682||101,682|104,688||104,688|
|- Hire Purchase
Interest||||||||||
|Account||||503||503|1,305||1,305|
|- Cash at|bank and|in hand||31,726|139,792|171,518|33,398|19,317|52,715|
|||||133,911|139,792|273,703|139,391|19,317|158,708|
|Creditors/Loans||||||||||
|- Amounts|falling due within|||||||||
|one year|||13|(56,965)||(56,965)|(42,638)|(5,500)|(48,138)|
|Net current|Assets|||76,946|139,792|216,738|96,753|13,817|110,570|
|Total Assets||||126,926|139,792|266,718|105,386|13,817|119,203|
|- Amounts|falling due after|||||||||
|one year|||13|(61,517)|(100,000)|(161,517)|(75,201)||(75,201)|
|NET ASSETS||||65,409|39,792|105,201|30,185|13,817|44,002|
|FUNDS|||15|||||||
|Unrestricted|Funds|||65,409||65,409|30,185|13,817|44,002|
|Restricted|Funds||||39,792|39,792||||
|||||65,409|39,792|105,201|30,185|13,817|44,002|
|STATEMENT OFCASH FLOWS FORTHE YEAR 1 MAY 2020 TO 30APRIL 2021|STATEMENT OFCASH FLOWS FORTHE YEAR 1 MAY 2020 TO 30APRIL 2021|STATEMENT OFCASH FLOWS FORTHE YEAR 1 MAY 2020 TO 30APRIL 2021|
|---|---|---|
|Spectrum
Days|||
|Statementof
Cash Flows|||
|Forthe year ended 30April 2021|||
|Cashflows from operating
activities|||
|Cash generated
from operations|80,669|21,328|
|Investing activities|||
|Receipts from sale of tangible fixed
assets||4,492|
|Purchase of tangible fixed assets|(46,800)||
|Net cash flow from investing
activities|(46,800)|4,492|
|Financing activities|||
|Repayment
of borrowings|(8,716)|(12,529)|
|Proceeds of new loans|100,000||
|Payment
of obligations
underfinance
leases|(6,350)|(7,180)|
|Net cash used in financing activities|84,934|(19,709)|
|Net increase in cash and cash
equivalents|118,803|6,111|
|Cash and cash equivalents
at the
beginning
of the year|52,715|46,604|
|Cash and cash equivalents
atthe end of
the year|171,518|52,715|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||2020/21|||2019/20||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||Funds|Funds|Funds|Funds|Funds|Funds|
||f||E|f|f|f|
|Client|||||||
|Income|563,165||563,165|690,036||690,036|
||563,165||563,165|690,036||690,036|
|||2020/21|||2019/20||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||Funds|Funds|Funds|Funds|Funds|Funds|
||||E|E|f.|f|
|Mini|||||||
|Buses||||2,921||2,921|
|||||2,921||2,921|
||||2020/21|||2019/20||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||Funds|Funds|Funds|Funds|Funds|Funds|
|||E|E|E|f|f|f|
|Resources|Expended|138||138|236|561|797|
|||138||138|236|561|797|
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|||||2020/21|||2019/20||
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||Funds|Funds|Funds|Funds|Funds|Funds|
||||6|6||F|||
|Staff costs|||464,462||464,462|502,852||502,852|
|Operating|costs||82,208||82,208|120,546||120,546|
|Property|costs||34,668||34,668|33,717||33,717|
|Loan Interest|||5,047||5,047|3,031||3,031|
||||586,385||586,385|660,146||660,146|
|Development||Costs|12,530|61,656|74,186|13,626|11,521|25,147|
##
##
||||2020/21|2019/20|
|---|---|---|---|---|
||||6|E|
|Net income is|stated after charging/(Crediting)||||
|- Depreciation|oftangible fixed assets||5,453|8,334|
|—(Gain) on sale oftangible
- Operating Lease Rental||fixed assets|7,030|(2,621)
3,058|
|- Independent|Examiners|Fees|660|660|
##
|||||2020/21|2019/20|
|---|---|---|---|---|---|
|||||f|f|
|Staff Pay Costs (all||activities)||||
|-Gross pay||||436,671|452,448|
|- Employer's
contributions:||||||
||National
Insurance|||17,724|18,392|
||Personal||Pension Scheme (NEST)|9,448|10,052|
|||||463,843|480,892|
|Other Staff|Costs|||21,411|21,960|
|||||485,254|502,852|
|Number
of|Staff Employed|||||
|-Average|number|of paid|staff (actual)|29.8|36.7|
|-Average|number|of paid|staff (full time equivalent)|20.1|26.1|
##
##
|||30April 2021f|30|April 2020
f|
|---|---|---|---|---|
|Mini Buses|||||
|Opening
Balance|1 May 2020 = 1 Mini Bus|8,633||18,783|
|Addition||46,800|||
|Depreciation||(5,453)||(8,334)|
|Disposal of 2 Mini|Buses|||(1,816)|
|Closing Balance 30 April 2020 = 1 Mini Bus||49,980||8,633|
|Cost
Depreciation
b/f to 1 May 2020
Disposal of 2 Mini Buses
Balance = 1 Mini Bus||74,062
(24,082)
49,980|39,762
(29,313)
~1,616
8,633||
|Note 12 - Debtors/Prepayments|||||
||||30|30|
||||April|April|
||||2021f|2020
f|
|Unrestricted
Fund|s||||
|- Client Income|||85,692|101,353|
|-Other Debtors|||842||
|- Prepayments|||15,148|3,335|
||||101,682|104,688|
|Restricted
Funds|||||
|- Client
Income|||||
|- Other Debtors|||||
|- Prepayments|||||
||||101,682|104,688|
##
|Note 13|-|Creditors/Loans|||||||
|---|---|---|---|---|---|---|---|---|
||||||||30 April|30 April|
||||||||2021|2020|
||||||||6|E|
|Amounts|fallin
due within one|||ear|||||
|Unrestricted||Funds - Loans|||||||
|- External|Loan||||||||
|- Personal||Loans (see Note|16 - Related|||Party Transactions)|10,028|8,122|
|- Mini Buses Hire Purchase|||Agreement||(see Note 13 - Finance Leases)||3,096|6,385|
|Unrestricted||Funds - Creditors|||||||
|-Trade|||||||10,601|9,064|
|- Other|||||||33,240|19,067|
|Restricted||Funds - Creditors|||||||
|-Other||||||||5,500|
||||||||56,965|48,138|
|Amounts|fallin
due after one|||ear|||||
|Unrestricted||Funds|||||||
|- external|loan - amount
due by instalment|||||&5years|100,000||
|- Personal||Loans (see Note|16|- Related||Party Transactions)|61,517|72,139|
|- Mini Buses Hire Purchase|||Agreement||(see Note 14 - Finance Leases)|||3,062|
||||||||161,517|75,201|
##
|||30|30|
|---|---|---|---|
|||April|April|
|||2021|2020|
||||E|
|Operating||||
|Premises|- in less than one year|20,000|20,000|
|Premises|-2-5 Years|80,000|80,000|
|Premises|- & 5Years|40,000|60,000|
|Mini Bus|2015 - in less than one year|4,361|6,722|
|Mini Bus 2015 - 2-5 Years|||4,361|
|Computers|- in less than one year|1,727|5,653|
|Computers|-24 Years||9,265|
|||146,088|188,001|
|Finance||||
|2 Mini Buses 2016 - in less than one year||3,096|6,385|
|2 Mini Buses 2016 - remainder
of lease|||3,062|
|||3,096|9,447|
##
||||Balance|Net|Balance|Net|Balance|
|---|---|---|---|---|---|---|---|
||||as at|Incoming|as at|Incoming|30April|
||||1 May||1 May|||
||||2019|Resources|2020|Resources|2021|
|||||E||E|f|
|Unrestricted||Funds||||||
|General|Reserve||10,218|19,967|30,185|35,224|65,409|
|Restricted|Funds|||||
|---|---|---|---|---|---|
|Business|Development|100|100|1,084|1,184|
|Kitchen||13,419|13,419|(7,468)|5,951|
|Resonance||||25,037|25,037|
|Infection control||||||
|Cabin||298|298|7,322|7,620|
|||13,817|13,817|25,975|39,792|
##
##
||||||2020/21|2019/20|
|---|---|---|---|---|---|---|
|Net Income for year|||||61,199|33,784|
|Depreciation
and impairment||of intangible|fixed|assets|5,453|8,334|
|(Profit) / loss on disposal of||tangible fixed|assets|||(2,676)|
|(Increase)
/ decrease|in debtors||||3,808|(29,588)|
|Increase /(decrease)|in creditors||||10,209|11,474|
|Net cash flow from operating|||||80,669|21,328|
|activities|||||||
|Net debt analysis||||1 May 2020|Cash flows|30April 2021|
|Cash at bank and
in|hand|||52,715|118,822|171,537|
|Obligations
under finance leases||||(9,897)|6,800|(3,097)|
|Loans||||80,261|(90,220)|(170,481)|
|||||(37,443)|35,402|(2,041)|
##
##