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2022-03-31-accounts

CONTENTS PAGES
LEGAL AND ADMINISTRATIVE DETAII S
DIRECTORS' REPORT 4 —5
CEO'S REPORT
INCOME AND EXPENDITURE ACCOUNT 7-9
BALAhICE SHEET 10-11
NOTES TOTHE FINANCIAL STATEMENTS 12 —21
INDEPEhlDEhIT
EXAMINER'S		 REPORT 22

Restricted Income
Active Norfolk 4,246 0
AVIVA 14,200 0
Big Lottery 46,166 266,716
Broadland
District Council		 22,500 0
Children
in Need		 28,753 23,662
Momentum/Voluntary
Norfolk		 0 490
Norfolk Community
Foundation		 69,890 5,860
Norfolk County Council 12,500 5,826
Norwich Charitable
Trusts		 0 3,402
Norwich
City Council		 9,500 2,500
Norfolk Gardens Trust 100 0
Norwich
Opportunity
Area		 0 1,386
The Children's
Society		 0 24,178
Norwich
Local Quakers Meeting		 559 0
Postcode Places Trust 7,612 0
South Norfolk District Council 22,500 0
The Tudor Trust 0 2,000
UK Youth 6,285 3,298
University
of East Anglia		 1,500 0
Total Restrtcted
Income		 246,310 339,318
Unrestricted
Income
Black History Month 0 200
British RedCross 420 0
CAN Community
Action Norfolk		 10,080 0
Designated
donations		 16,289 9,563
Ellerdale
Trust		 0 500
English + 0 625
Greggs Foundation 0 500
Ground Work Lockside 0 1,000
National
Centre for Writing		 National
Centre for Writing		 1,350 0
Norwich
City Council		 0 10,000
Norwich
Charitable		 Trust-Anguish's
Educational
Foundation		 180 0
Pezhman
Arzhang		 1,000 0
Refugee Action 0 5,388
Septagon Trust 30,000 55,000
Sutasoma
Charity		 1,900 0
Unallocated
fund		 3,764 17,313
Gift Aid 1,032 2,799
Interest 4 94
Donations 10,862 11,583
Refund ofGoods/payments 39 670
Total Unrestricted Income 76,920 115,236
Total Income 323,229 454,554
2021-2022 2020-2021
E
Expenditure
Restricted
Expenditure
Employee Salaries 101,232 106,758
Employers'
NIC and		 PAYE 5,777 4,709
Employers'
pension		 3,047 1,542
Sessional Staff 37,176 27,835
Staff Travel 1,699 109
Rent 8 Utilities 7,274 8,929
Equipment 11,028 4,374
Marketing
&Advertising		 1,278 176
General Expenses 2,383 3,124
Travel and Subsistence 1,859 494
Refreshment 2,482 25
Training 668 1,220
Membership 174 623
Consumable 445 37
Cleaning 1,171 1,479
Insurance 1,038 972
Workshop expenses 8,270 2,502
Volunteering
Costs		 197 175
Audit &Accountancy fee 540 516
Big Lottery for NIP partners 12,500 129,300
ITExpenses 1,773 2,643
NIP fundraising
payments		 0 12,434
C19support 26,908 19,278
Refurbishment
building		 Refurbishment
building		 13,303 2,400
Total Restricted Expenditure 242,21$ 331,666
Unrestricted
Expenditure
Employee Salaries 50,922 14,000
Employers'
NIC and		 PAYE 2,126 1,427
Employers'
pension		 1,131 258
Sessional Staff 2,351 0
Rent & Utilities 2,117
Equipment 0 96
General Expenses 1,174 3,619
Insurance 312 0
Cleaning 44 0
ItExpenses 736 0
Marketing 8 Advertising 0 697
Travel &Subsistence 9 381
Membership 188 35
Workshop Expenses 5,335 439
Consumable 359 97
Volunteering
Costs		 3 126
Refreshment 158 0
Audit &Accountancy fee 2,480 399
Partners
fundraising		 payments 927 I 't,000
Training
/ DBS		 930 222
C19support 365 3,207
Clients Support 1,089 967
Refurbishment
building		 5,553 4,447
Total Unrestricted Expenditure 78,308 41 424
Total Expenditure 320,528 373,080
Income over Expenditure 2,702 81,474

2021/2022 2020/2021
5 5
Restricted Current Assets
Cash in hand 580 25
Bank 175,616 169,856
Emergency
fund		 4,000 4,062
Reserves 50,063 46,385
Total Restricted Current Assets 236262 223 323
Unrestricted
Current Assets
Bank 47,072 49,732
Debtors 0 3,888
Total Unrestricted
Current Assets		 47,072 53,620
Total Current Assets 277,331 2~73949
Restricted
Current Liabilities
City ofSanctuary
liability		 1,806 1,'f26
Tots! Restricted
Current		 Liabilities 1,808 3 326
Total Current
Liabilities		 1,806 1,126
fitet Assets 27~5525 222 623
Accumulated
Funds
Opening
Balance		 272,823 191,349
(Degcit)/Surpius 2,702 81,474
Closing Balance 275,526 272,823

2.2 INCOME
Recognition ofincome These are included
in the Statement
of Financial Activities (SoFA)
when:
the charity becomes enbtled to the resources;
D
it is more likely than not that the trustees wil! receive the
resources;
and
D
the monetary
value can be measured
There has been no offsetting ofassets and liabilities, or income and
Offsetting expenses, unless required
or permitted
by the FRS 102SORP or FRS
102.
Grants and donations are only included
in the SoFA when the
general income recognition
criteria are met (5.10to 5.12FRS102
Grants and donations SORP).
In the case of performance
related grants, income must only be
recognised
to the extent that the charity has provided
the spect5ed
goods or services as entitlement
to the grant only occurs when the
performance
related conditions are met (5.16FRS 102SORP).
Legacies Legacies are included
in the SOFA when receipt is probable,
that is,
when there has been grant ofprobate, the executors have
established
that there are sufficient assets
in the estate and any
conditions attached to the legacy are either within the control ofthe
charity or have been met.
GIR Aid receivable
is included
in income when there isa valid
Tax reclaims on
donations
and gifts		 declaration
from the donor.
Any Gift Aid amount
recovered on a
donation
is considered
to be part ofthat gift and is treated as an
addition to the same fund as the indial donation
unless the donor or
the terms ofthe appeal have specified otherwise.
Contractual income This is only included
in the SoFA once the charity has provided
the
and performance related goods or services or met the performance
related conditions.
related grants
Donated goods Donated goods are measured
at fair value (the amount
for which the
asset could be exchanged)
unless impractical
to do so.
The cost ofany stock ofgoods donated for distribution
to
beneficiaries
is deemed to be the fair value ofthose gifts at the time
oftheir receipt and they are recognised
on receipt.
In the reporting
period
in which the stocks are distributed,
they are recognised
as an
expense at the carrying
amount ofthe stocks at distribution,
Donated goods for resale are measured
at fair value on initial
recognition,
which is the expected proceeds from sale less the
expected costs ofsale and recognised
in 'Income from 'other trading
activities'
with the corresponding
stock recognised
in the balance
sheet.
On its sale the value ofstock is charged
against 'Income from
other trading
act)vibes' and the proceeds from sale are also
recognised as 'income from other trading activities'.
Goods donated
for on-going use by the charity are recognised as
tangible
fixed assets and included
in the SoFAas incoming
resources when receivable.
Gifts in kind for use by the charity are included
in the SoFAas
income from donations
when receivable.
Donated services end
facilities		 Donated services and facilities are included
in the SOFA when
received at the value ofthe gift to the charity provided
the value of
the gift can be measured
reliably.
Donated services and facilities that are consumed
immediately
are
recognised as income with an equivalent
amount recognised as an
expense under the appropriate
heading
in the SOFA.
Support costs The charity has incurred
expenditure
on support costs.
Volunteer
help		 The value ofany voluntary
help received
is not included
in the
accounts but is described
in the trustees'
annual
report.
Income from interest, This is included
in the accounts when receipt is probable,
and the
royalties and dividends amount
receivable can be measured
reliably.
Income from
membership
subscrlptiona		 Membership
subscriptions
received
in the nature ofa gift are
recognised
in Donations and Legacies.
Membership
subscriptions
which gives a member the right to buy
services or other benefits are recognised as income earned from the
provision ofgoods and services as income from charitable
activities.
Settlement of
Insurance
claims		 Insurance
claims are only included
in the SoFAwhen the general
income recognition
criteria are met (5.10to5.12FRS102SORP) and
are included as an item ofother income
in the SoFA.
This includes any realised or unreaiised
gains or losses on the sale
Investment
gains and		 of investments
and any gain or loss resulting
from revaluing
losses investments
to market value at the end ofthe year.

Liability recognltlon Liability recognltlon Liabilities are recognised
where
lt is more likely than not that there is
a legal or constructive
obligation
committing
the charity to pay out
resources and the amount ofthe obligation
can be measured
with
reasonable
certainty.
Governance and Governance
costs comprise
all costs involving
public accountability
support costs ofthe charity and its compliance
with regulation
and good practice.
Support costs include central functions
and have been allocated tc
activity cost categories on a basis consistent
with the use of
resources, e.g allocating
property costs by floor areas, or per capita,
staff costs by the time spent and other costs by their usage.
Grants with
performance
conditions		 Where the charity gives a grant with conditions for its payment
being
a specific level ofservice oroutput to be provided,
such grants are
only recognised
in the SoFA once the recipient ofthe grant has
provided
the specified service or output.
Grants payable without Where there are no conditions
attaching
to the grant that enables the
performance donor charity to realisticaliy
avoid the commitment,
a liability for the
conditions full funding
obligation
must be recognised.
Redundancy cost The charity made nc redundancy
payments
during the reporting
period.
Deferred income No material
item ofdeferred
income has been included
in the
accounts.
Creditors The charity has creditors which are measured
at settlement
amounts
less any trade discounts
Provisions
liabilities		 for A liability
is measured
on recognition
at its historical cost and then
subsequently
measured
at the best estimate ofthe amount
required
to settle the obligation
at the reporting
date
Basicfinancial
instruments		 The charity accounts for basic financial
instruments
on initial
recognition as per paragraph
10.7FRS102SORP. Subsequent
measurement
isas per paragraphs
11.17to 11.19,FRS102SORP.

Fund Fund
balances balances
brought carried
forward Income Expenditure Transfers forward
Fund names E 8 8 6
Active Norfolk - Tackling
Inequalities 4,246 4,246
Age uk 1,050 660 390
Aviva 14,200 791 13,409
Children
in Need		 6,625 28,753 29,806 5,573
City of Sanctuary 180 180
Ellerdale Trust 1,473 1,473
Garden Trust 100 100
Lottery Community Fund NIP
uplift
National
Lottery - Award for All
grant 8,576 1,679 6,898
National
Lottery Community
Fund 23,688 45,986 63,380 805 7,100
National
Lottery Community
Fund/Barrow
Cadbury		 27,251 180 27,431
NCC Active Norfolk 321 321
Norfolk Community Foundation 1,234 69,890 40,189 30,935
Norfolk County Council 13,140 12,500 15,504 10,136
Norwich
City Council		 9,500 2,675 6,825
Norwich
Consolidated		 Charity 2,400 405 1,995
Norwich
Opportunity		 Area 616 616
Postcode Place Trust 7,612 3,765 3,847
Quakers
Charity		 559 402
South Norfolk and Broadland
District Council 45,000 39,422 5,578
The Children's
Society		 1,435 1,435
Tudor Trust 3,890 2,490 1;400
UK Youth 962 6,285 4,973 2,275
University
Of Sanctuary		 1,500 1,321 179
Voluntary
Norfolk		 190 130 60
Total Restricted
Income Funds		 93,577 246,310 242,220 805 98,473
Total restricted funds 93,777 246,310 242,220 805 98,473
8.2 Designated Funds
Fund Fund
balances balances
brought carried
Fund names forward
f		 Income
f		 Expenditure
f		 Transfers
f		 forward
f
Anguish's
Educational
Foundation 'I80 180
British Red Cross 420 420
Community
Action Norfolk
(CAN) 10,080 10,080
Designated
donations		 7,356 16,289 6,452 17,192
Emergency
Fund		 4,062 1,000 1,062 4,000
Four Wings grant
National Centre for Writing 1,350 .1,350
Norwich
City Council - Business
Grant 5,553 5,553
Refugee Action 5,388 733 4,655
Septagon Trust 67,722 30,000 38,374 59,349
SLDAY grant Stephen Lawren 100 100
Sutasoma
Charity		 - Allotment 1,900 1,900
Total designated funds 90,665 61,219 52,874 99,010
8.3General Funds
unrestricted
funds:
General Funds 42,196 15,596 14,010 -15,605 27,979
Total General
Funds		 42,195 15,598 14,010 -15,805 27,979
Total unrestricted funds 42,196 15,598 14,010 -15,805 27,979
Reserves 45,385 102 11,424 15,000 50,063
Total Funds 272,823 323,229 320,528 275,525