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2022-03-31-accounts

Trustees Ms R Myers
MrJ Edwards OBE DL
Mrs H Arguile
Dr C Collins
Mrs K Knight
Mr S Parkes
Dr DAJ Ince
DrSR G Shaw
Mr T F How (Appointed 26 November
2021)
Rev SWood (Appointed 16February
2022)
Charity number 1154540
Company number CE001362
Principal address Mill Road
Wells-next-the-Sea
Norfolk
NR23 1RF
Registered office Mill Road
Wells-next-the-Sea
Norfolk
NR23 1RF
Independent examiner Mapus- Smith and Lemmon LLP
48 King Street
King's Lynn
Norfolk
England
PE30 1HE
Bankers Barclays Bank PLC
17 Market Place
Fakenham
Norfolk
NR21 9BE
Natwest
PLC
Market Place and Bridge Street Corner
Fakenham
NR21 9BA
Solicitors Hansells
13The Close
Norwich
Norfolk
NR1 4DS

Page
Chairman's
statement
1-2
Trustees'
report
3-5
Independent
examiner's
report
Statement
offinancial
activities
Balance sheet
Notes to the financial statements 10-24

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2022 2021
Notes F 6
Fixed assets
Tangible assets 14 546,294 553,507
Current assets
Stocks 15 3,500 1,703
Debtors 16 39,582 8,091
Cash at bank and in hand 164,171 179,877
207,253 189,671
Creditors: amounts
one year
falling due within 17 (13,952) (10,112)
Net current assets 193,301 179,559
Total assets less current liabilities 739,595 733,066
Capital funds
Endowment
funds -
general 18 419,363 422,399
Income funds
Restricted
funds
19 52,770 26,673
Unrestricted
funds
267,462 283,994
739,595 733,066

Donations and legaci es
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
f 8 6 6 6
Donations and gifts 36,999 6,630 43,629 52,034 2,546 54,580
Grants received 1,719 62,035 63,754 3,500 47,115 50,615
38,718 68,665 107,383 55,534 49,661 105,195

Rental Rental
income income
2022 2021
Charitable rental income 65,894 54,087
Training income 3,142 1,905
69,036 55,992

100Club &fundraising 100Club &fundraising
Fundraising events
Other trading activities
Unrestricted Unrestricted
funds funds
2022 2021
6 6
6,214 6,059
11,837 1,577
18,051 7,636
Unrestricted Unrestricted
funds funds
2022 2021
6
48

Unrestricted Unrestricted
funds funds
2022 2021
E f
Other income 23,425 15,794
Cafe takings 13,331
Merchandise takings 1,425
Exercise classes 4,897
43,078 15,794

Unrestricted Unrestricted
funds funds
2022 2021
E
Fundraisin and ublicit
Seeking donations, grants and legacies 3,398 2,303
3,398 2,303

Charitable
activi
ties
Charitable Charitable
activities activities
2022 2021
6 F
Staff costs 115,903 100,463
Depreciation
and
Direct costs
impairment 13,429
9,275
11,043
2,606
Other operating costs
Maintenance
23,405
12,710
14,877
12,471
Utilities 22,735 18,760
Other staff costs 1,406 310
Insurance 8,341 8,335
Human
resources
2,745 3,756
Legal fees 998 12
Fitness classes 1,826
Training
&cafe equipment
Garden
Community
1,650
3,453
NCF Fuel & Food 1,478
NCF Household Support 2,398
221,752 172,633
Share of governance costs (see note 10) 2,840 3,600
224,592 176,233
Analysis
by fund
Unrestricted
funds
182,024 145,821
Restricted
funds
42,568 30,412
224,592 176,233
Support costs
Support Governance 2022 2021
costs costs
6 f
Accountancy 2,840 2,840 3,600
2,840 2,840 3,600
Analysed
Charitable
between
activities
2,840 2,840 3,600

The average monthly
number
ofemployees
during th
e year was:
2022 2021
Number Number
Employment costs 2022 2021
Wages and salaries 115,903 100,463

Endowment Endowment
funds funds
general general
2022 2021
Depreciation 3,036 3,036

14 Tangible fixed assets
Freehold Fixtures and Computers Property Total
property fittings improvements
6 6 6
Cost
At 1 April 2021 443,651 121,834 4,200 81,100 650,785
Additions 9,252 9,252
At 31 March 2022 443,651 131,086 4,200 81,100 660,037
Depreciation
and impairment
At 1 April 2021 21,252 46,404 583 29,039 97,278
Depreciation
charged
in the year 3,036 7,265 1,400 4,764 16,465
At 31 March 2022 24,288 53,669 1,983 33,803 113,743
Carrying
amount
At 31 March 2022 419,363 77,417 2,217 47,297 546,294
At 31 March 2021 422,399 75,430 3,617 52,061 553,507
15 Stocks
2022 2021
F
Finished goods and goods for resale 3,500 1,703
16 Debtors
2022 2021
Amounts
falling due
within one year:
Trade debtors 11,357 2,055
Other debtors 28,225 5,530
Prepayments
and accrued income
506
39,582 8,091
17 Creditors: amounts falling due within one year
2022 2021
Other taxation and social security 2,002 1,757
Trade creditors 6,124 3,741
Accruals and deferred income 5,826 4,614
13,952 10,112

Balance at Resources Balance at Resources Balance at
1 April 2020
6
expended
f
1 April 2021
F
expended 31 March
202II
Permanent endowments
Property Fund 425,435 (3,036) 422,399 (3,036) 419,363
425,435 (3,036) 422,399 (3,036) 419,363
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Within one year 510 299
Between two and five years 2,551
3,061 299

2022 2021
Within one year 9,923 9,923
Between two and five years 2,854 12,777
12,777 22,700