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2022-08-31-accounts

Related Parties
The related parties transactions are disclosed in note 20ofthe accounts.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered
Charity number
1157532
Principal address
Fullman
House
114-118Oak Street
Norwich
Norfolk
NR3 3BP
Trustees
D Fullman
Chair
A Bliss (resigned 7/3/23)
J Crossley
Ms A Campbell
Ms N Smedmore (resigned 18/1 0/22)
Ms A Craig (resigned 30/5/22)
Ms L Moody (resigned 30/5/22)
Ms M Prinsley
D Heywood
(appointed		 24/3/22)
Chief Executive Officer Lorraine Bliss MBE Retired 17.04.2023
Patrons The Countess ofLeicester
Cllr. D Fullman

REFERENCE REFERENCE AND ADMINISTRATIVE DETAILS Auditors DETAILS Auditors
Haines Watts
Statutory Auditor
8 Hopper Way
Diss
Norfolk
IP22 4GT
Bankers
National Westminster Bank pic
1 Surrey Street
Norwich
Norfolk
NR1 3NW
Auditors
The auditors, Haines Watts were appointed during the year and have expressed their willingness to continue in that capacity.

Opinion
We have audited the financial
statements
ofSt. Edmunds
Society (the 'charity') for the year ended 31stAugust 2022 which comprise the Statement of Financial
Activities,
the Statement
of Financial
Position,
the Statement
of Cash
Flows
and
notes
to the financial
statements,
including
a summary
of
significant
accounting
policies. The financial
reporting
framework
that has been applied
in their preparation
is applicable
law and United
Kingdom
Accounting
Standards
(United
Kingdom
Generally Accepted Accounting
Practice), including
Financial
Reporting
Standard
102 'The Financial
Reporting
Standard
applicable
in the
UK
and Republic of Ireland'.
In our opinion the financial statements:
give a true and fair view ofthe state of the charity's
affairs as at 31st August 2022 and of its incoming
resources
and application
of resources,
for the year
then ended;
have been properly prepared
in accordance
with United
Kingdom
Generally Accepted Accounting
Practice, including
Financial
Reporting
Standard 102 'The
Financial
Reporting
Standard
applicable
in the UK and Republic of ireland';
and
have been prepared
in accordance
with the requirements
ofthe Charities Act 2011.
Basis for opinion
We conducted
our audit
in accordance
with
International
Standards
on Auditing
(UK) (ISAs (UK)) and applicable
law. Our
responsibilities
under
those
standards
are further described
in the Auditors'
responsibilities
for the audit ofthe financial
statements
section of our report.
We are independent
ofthe
charity
in accordance
with the ethical requirements
that are relevant to our audit of the financial
statements
in the UK, including
the FRC's Ethical Standard,
and
we
have fulfilled
our other ethical responsibilities
in accordance
with these requirements.
We believe that the audit evidence we have obtained
is sufficient
and
appropriate
to provide a basis for our opinion.
Conclusions
relating to going concern
In auditing
the financial
statements,
we have concluded
that the trustees'
use of the going concern
basis of accounting
in the preparation
of the
financial
statements
is appropriate.
Based on the work we have performed,
we have not identified
any material
uncertainties
relating to events or conditions
that, individually
or collectively,
may cast
significant
doubt on the charity's
ability to continue as a going concern for a period ofat least twelve months
from when the financial
statements
are authorised
for issue.
Our responsibilities
and the responsibilities
ofthe trustees
with respect to going concern are described
in the relevant sections ofthis report.
Other information
The trustees are responsible
for the other information.
The other information
comprises
the information
included
in the Annual
Report, other than the
financial
statements
and our Report ofthe Independent
Auditors thereon.
Our opinion on the financial
statements
does not cover the other information
and, except to the extent otherwise
explicitly stated
in our report, we do not express
any form ofassurance
conclusion thereon.
In connection
with
our audit of the financial
statements,
our responsibility
is to read the other
information
and,
in doing so, consider
whether
the
other
information
is materially
inconsistent
with the financial
statements
or our knowledge
obtained
in the audit or otherwise appears to be materially
misstated.
If we
identify such material inconsistencies
or apparent
material
misstatements,
we are required
to determine
whether
this gives rise to a material misstatement
in the
financial
statements
themselves.
If, based on the work we have performed,
we conclude that there is a material
misstatement
of this other information,
we are
required
to report that fact. We have nothing to report
in this regard.
Matters on which we are required to report by exception
We have nothing to report
in respect ofthe following
matters where the Chadities (Accounts
and Reports) Regulations 2008 requires
us to report to you if, in
our
opinion:
the information
given
in the Report ofthe Trustees
is inconsistent
in any material respect with the financial statements;
or
sufficient accounting
records have not been kept; or
the financial statements
are not in agreement
with the accounting
records and returns; or
we have not received
all the information
and explanations
we require for our audit.
Responsibilities
oftrustees
As explained
more fully
in the Statement of Trustees'
Responsibilities,
the trustees
are responsible
for the preparation
ofthe financial
statements
which give a
true and fair view, and for such
internal
control as the trustees
determine
is necessary
to enable the preparation
of financial
statements
that are free
from
material
misstatement,
whether
due to fraud or error.
In preparing
the financial
statements,
the trustees
are responsible
for assessing
the charity's
ability to continue as a going concern,
disclosing,
as applicable,
matters
related
to going
concern
and
using
the going
concern
basis of accounting
unless
the trustees
either
intend
to liquidate
the charity
or to cease
operations,
or have no realistic alternative
but to do so.

2022 2021
Unrestricted Restricted Total Total
INCOME AND ENDOWMENTS FROM Notes fundf funds
F		 funds
6		 funds
F
Donations
and legacies		 184,471 193,487 377,958 325,339
Charitable
activities
Skills Centre 769,599 769,599 619,938
Other trading
activities
Investment
income		 2,495
1		 2,495
1		 4,500
9
Total 956,566 193,487 1,150,053 949,786
EXPENDITURE ON
Raising funds 210
Charitable
activities
Skills Centre 977,286 44,593 1,021,879 795,914
Total 977,286 44,593 1,021,879 796,124
NET INCOME/(EXPENDITURE)
Transfers
between funds		 19 (20,720)
25,974		 148,894
(25,974)		 128,174 153,662
Net movement
in funds		 5,254 122,920 128,174 153,662
RECONCILIATION
OF FUNDS
Total funds brought
forward		 (45,034) 25,095 (19,939) (173,601)
TOTAL FUNDS CARRIED FORWARD (39,780) 148,015 108,235 (19,939)

2022 2021
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXEDASSETS
Tangible assets 12 49,921 69,848 119,769 35,804
CURRENT ASSETS
Stocks
Debtors
Cash at bank and		 in hand 13
14		 67,365
96,206
9,318		 86,391 67,365
96,206
95,709		 49,734
101,882
15 172,889 86,391 259,280 151,616
CREDITORS
Amounts
falling due within one year		 (192,630) (8,224) (200,854) (163,216)
NET CURRENT ASSETS (19,741) 78,167 58,426 (11,600)
TOTAL ASSETS LESSCURRENT LIABILITIES 16 30,180 148,015 178,195 24,204
CREDITORS
Amounts
falling due after more than one year		 (69,960) (69,960) (44,143)
19
NET ASSETS/(LIABILITIES) (39,780) 148,015 108,235 (19,939)
FUNDS
Unrestricted
funds		 (39,780) (45,034)
Restricted funds 148,015 25,095
TOTAL FUNDS
108,235 (19,939)
23June 2023

2022 2021
Notes 6
Cash flows from operating
activities
Cash generated
from operations
Interest paid
Interest element ofhire purchase orfinance lease rental		 83,281
(7,151)		 155,043
(1,919)
payments
paid		 (2,859)
Net cash provided
by operating
activities		 76,130 150,265
Cash flows from investing
activities
Purchase oftangible fixed assets
Interest received		 (114,832) (9,238)
1 9
Net cash used
in investing
activities		 (114,831) (9,229)
Cash flows from financing
activities
Loan repayments
in year
Capital repayments
in year		 (5,861) (679)
(13,500)
Net cash used
in financing
activities		 (5,861) (14,179)
Change
in cash and cash equivalents
in the
period
Cash and cash equivalents
at the beginning		 reporting
ofthe		 (44,562) 126,857
reporting
period		 101,882 (24,975)
Cash and cash equivalents
at the end
period		 ofthe reporting 57,320 101,882

2022 2021
Net income for the reporting
Adjustments
for:		 period (as per the Statement ofFinancial Activities) E
128,174		 153,662
Depreciation
charges
Interest received
Interest paid
Interest element of hire purchase
Increase
in stocks
Increase
in debtors
Increase
in creditors		 and finance lease rental payments 30,870
(1)
7,151
(67,365)
(46,472)
30,924		 18,133
(9)
1,919
2,859
(46,006)
24,485
Net cash provided
by operations		 83,281 155,043
ANALYSIS OF CASH AND CASH EQUIVALENTS
2022 2021
Cash in hand
Notice deposits (less than 3 months)
Overdrafts
included
in bank loans and overdrafts		 falling due within one year E
406
95,303
(38,389)		 E
332
101,550
Total cash and cash equivalents 57,320 101,882
ANALYSIS OF CHANGES
IN		 NET FUNDS
At 1/9/21 Cash flow At 31/8/22
Net cash E
Cash at bank and
in hand
Bank overdrafts		 101,882 (6,173)
(38,389)		 95,709
(38,389)
101,882 (44,562) 57,320
Debt
Debts falling due within
1 year
Debts falling due after 1 year		 (5,175)
(44,143)		 (4,457)
10,315		 (9,632)
(33,828)
(49,318) 5,858 (43,460)
Total 52,564 (38,704) 13,860

ACCOUNTING
POLICIES
Basis ofpreparing
the financial statements
The financial
statements
of the charity,
which
is a public benefit entity under FRS 102, have been prepared
in accordance
with the Charities
SORP
(FRS 102) 'Accounting
and
Reporting
by Charities:
Statement
of Recommended
Practice
applicable
to charities
preparing
their
accounts
in
accordance
with the Financial
Reporting
Standard
applicable
in the UK and Republic of Ireland (FRS 102) (effective
1 January
2019)',
Financial
Reporting
Standard
102 'The Financial
Reporting
Standard
applicable
in the UK and Republic of Ireland'
and the Charities
Act 2011.The
financial
statements
have been prepared
under the historical cost convention.
Going Concern
The financial
statements
have been prepared
on a going concern basis as the Trustees
believe that no material
uncertainties
exists. The
Trustees
have considered
the level offunds
held and the expected level of income and expenditure
for 12 months
from authoiising
these financial
statements.
The budgeted
income and expenditure
is sufficient
with the level ofreserves for the Charity to be able to continue as a going concern.
Income
All income
is recognised
in the Statement
of Financial
Activities once the charity has entitlement
to the funds,
it is probable that the income
will
be
received and the amount can be measured
reliably. The following
specific policies are applied to particular categories ofincome:
- Income from grants,
donations
and gifts is included
in full in the Statement
of Financial
Activities
when receivable. Grants,
where entitlement
is
not
conditional
on the delivery ofa specific performance
by the Charity, are recognised
when the Charity becomes unconditionally
entitled tothe grant.
- Donated
goods, services and facilities are measured
at their fair value, unless
it is impractical
to measure
reliably the fair value ofthe donated
items.
The value ofservices provided
by volunteers
has not been included
in these financial statements.
Investment
income is included
when receivable.
- Income from grants,
where related to performance
and specific deliverables,
is accounted
for as the Charity earns the right to consideration
by
its
performance.
Expenditure
Liabilities are recognised as expenditure
as soon as there is a legal or constructive
obligation
committing
the charity to that expenditure,
it is
probable
that a transfer ofeconomic benefits
will be required
in settlement
and the amount ofthe obligation can be measured
reliably. Expenditure
is accounted
for on an accruals
basis and has been classified
under headings
that aggregate
all cost related to the category. Where costs cannot be
directly
attributed
to particular
headings
they have been allocated to activities on a basis consistent
with the use ofresources.
Charitable
activities
Charitable
activities comprise those costs incurred
by the Charity
in the deliveryof
its activities and services for its beneficiaries.
It includes
both
costs
that can be allocated
directly to such activities and those costs ofan indirect nature necessary to support them.
Governance costs
Governance
costs
include
those costs associated
with
meeting
the
constitutional
and
statutory
requirements
of the
Charity
and
include
the
independent
Examiners fees and costs linked to the strategic management
ofthe Charity.
Allocation
and apportionment
ofcosts
All costs are allocated
between
the expenditure
categories of the Statement
of Financial
Activities
on a basis designed
to reflect the use of the
resource.
Tangible fixed assets
Depreciation
is provided atthe following
annual rates
in order to write off each asset over its estimated
useful
life or, if held under afinance lease,
over
the lease term, whichever
is the shorter.
Land and buildings
-over the period ofthe leases
Motor vehicles
-25% straight
line
Fixtures and Fittings
-25% straight
line
Computer
equipment
-25% straight
line
Stocks
Stocks are valued at the lower ofcost and net realisable value, after making
due allowance
for obsolete and slow moving
items.

2022 2021
Activity
Student income
Student support		 Skills Centre
Skills Centre		 639,018
190		 343,454
Catering
income
Motorcycles		 Skills Centre
Skills Centre		 32,263 17,575
27,385
Coronavirus
job retention
Outreach
service		 scheme Skills Centre
Skills Centre		 3,035
12,946		 89,698
74,630
Hair &beauty Skills Centre 82,147 67,196
769,599 619,938
Grants received, included in the above, are as follows:
2022 2021f
HMRC Furlough Grants 3,035 89,698
RAISING FUNDS
Other trading activities
2022 2021
F
Fundraising
other costs		 210
CHARITABLE ACTIVITIES COSTS
Support
Direct costs Isee
Costs note 8) Totals
F L
Skills Centre 1,006,953 14,926 1,021,879
SUPPORT COSTS
Governance
costs
6
Skills Centre 14,926

STAFF COSTS
2022 2021
E E
Wages and salaries
Social security costs
Other pension costs		 703„523
53,754
14,970		 515,935
36,255
11,874
772,247 564,064
The average
monthly		 number of employees during the year was as follows:
2022 2021
Skills centre 8 admin 34 25
CEO 1 1
35 26
No employees
received emoluments		 in excess of 860,000.
Key management
personnel		 remuneration and Social Security costs (relating to the CEO) amounted
to645,791		 (2021 - 636,743).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 291,749 33,590 325,339
Charitable
activities
Skills Centre 619,938 619,938
Other trading
activities
Investment
income		 4,500
9		 4,500
9
Total 916,196 33,590 949,786
EXPENDITURE ON
Raising funds 210 210
Charitable
activities
Skills Centre 752,599 43,315 795,914
Total 752,809 43,315 796,124
NET INCOME/(EXPENDITURE) 163,387 (9,725) 153,662
RECONCILIATION
OF FUNDS
Total funds brought forward (208,422) 34,821 (173,601)
TOTAL FUNDS CARRIED FORWARD (45,035) 25,096 (19,939)

TANGIBLE FIXEDASSETS
Historic
repairs Fixtures
to Plant and and
property machinery fittings
COST
At 1stSeptember 2021
Additions		 148,761
42,484		 479
27,474		 65,672
17,648
At 31stAugust 2022 191,245 27,953 83,320
DEPRECIATION
At 1stSeptember 2021
Charge for year		 143,168
7,630		 30
2,351		 57,316
7,584
At 31stAugust 2022 150,798 2,381 64,900
NET BOOKVALUE
At 31stAugust 2022 40,447 25,572 18,420
At 31stAugust 2021 5,593 449 8,356
Motor Computer
vehicles equipment Totals
COST 8
At 1stSeptember 2021
Additions		 24,500 8,759
27,226		 248,171
114,832
At 31stAugust 2022 24,500 35,985 363,003
DEPRECIATION
At 1stSeptember 2021
Charge for year		 10,719
6,125		 1,134
7,177		 212,367
30,867
At 31stAugust 2022 16,844 8,311 243,234
NET BOOK VALUE
At 31stAugust 2022 7,656 27,674 119,769
At 31stAugust 2021 13,781 7,625 35,804

13. STOCKS
2022f 2021
Stocks 67,365
14. DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR
2022f 2021f
Trade debtors
Prepayments		 17,204
79,002		 44,461
5,273
96,206 49,734
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022f 2021f
Bank loans and overdrafts
Trade creditors
Taxation and social security
Other creditors		 (see note 17) 48,021
29,537
68,528
54,768		 5,175
25,831
124,017
8,193
200,854 163,216
16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022f 2021f
Bank loans (see note 17)
Taxation and social security		 33,828
36,132		 44,143
69,960 44,143
17. LOANS
An analysis ofthe maturity of loans is given below:
2022f 2021
Amounts
falling due within one year on demand:
Bank overdrafts
Bank loans		 38,389
9,632		 5,175
48,021 5,175
Amounts
falling between one		 and two years:
Bank loans - 1-2years 9,870 9,655
Amounts
falling due between		 two and five years:
Bank loans - 2-5years 23,958 30,452
Amounts
falling due in more than five years:
Repayable
by instalments:
Bank loans more 5 yr by instal 4,036

Minimum
lease payments
under non-cancellable		 Minimum
lease payments
under non-cancellable		 operating leases fall due as follows:
2022 2021
6 F
Within one year
Between one and five years
In more than five years		 40,000
160,000
200,000
400,000
MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1/9/21 in funds funds 31/8/22
F 6
Unrestricted
funds
General fund (45,034) (20,720) 25,974 (39,780)
Restricted funds
Norfolk Community
Foundation
Anguish
Educational
Foundation
Geoffrey Watling
Trustees ofDennis Right
Taylor Wimpey
IT Equipment
Clothmakers
East of England Co-op Community
Norman
Alderman
Charity
Hedley Foundation
Arnold
Clark
National
Lottery
NCF -J Blanche Tools
NCF -J P Blanche
NCF - Mechanics
Lift
NCF - Plumbing
Area
Norfolk Constabulary
Norfolk Infrastructure
Fund
Worshipful
Company
ofPlumbers		 Fund 4,563
685
11,502
1,136
1,753
1,560
896
3,000		 (3,689)
23,068
4,000
(5,112)
(899)
(505)
(1,560)
6,635
(75)
1,000
10,000
3,555
2,796
2,460
23,917
5,000
72„590
5,713		 (25,974) 874
23,753
4,000
6,390
237
1,248
7,531
2,925
1,000
10,000
3,555
2,796
2,460
23,917
5,000
46,616
5,713
25,095 148,894 (25,974) 148„015
TOTAL FUNDS (19,939) 128,174 108,235

Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds		 E F
General
fund		 956,566 (977,286) (20,720)
Restricted funds
Norfolk Community
Foundation
Anguish
Educational
Foundation
Geoffrey Watling
Trustees of Dennis Right
Taylor Wimpey
IT Equipment
Clothmakers
East of England Co-op Community
Norman
Alderman
Charity
Hedley Foundation
George Clarke
Arnold Clark
Hansells
National
Lottery
NCF -J Blanche Tools
NCF -J P Blanche
NCF - Mechanics
Lift
NCF - Plumbing
Area
NCF
Student support
Norfolk Constabulary
Norfolk Infrastructure
Fund
Worshipful
Company
ofPlumbers		 Fund 1
33,&91
4,000
7,162
50
1,000
500
10,000
3,555
3,254
3,360
25,000
1,000
5,000
90,001
5,713		 (3,690)
(10,823)
(5,112)
(899)
(505)
(1,560)
(527)
(75)
(50)
(500)
(458)
(900)
(1,083)
(1,000)
(17,411)		 (3,689)
23,068
4,000
(5,112)
(899)
(505)
(1,560)
6,635
(75)
1,000
10,000
3,555
2,796
2,460
23,917
5,000
72,590
5,713
193,487 (44,593) 148,894
TOTAL FUNDS 1,150,053 (1,021„879) 128,174

MOVEMENT
IN FUNDS - conti		 nu ed ed
Comparatives
for movement		 in funds
Net
movement At
At 1/9/20 in funds 31/8/21
E
Unrestricted
funds
General fund (208,422) 163,388 (45,034)
Restricted funds
Norfolk Community
Foundation
Anguish
Educational
Foundation
Trustees of Dennis Right
Taylor Wimpey
IT Equipment
Lottery Award
Clothmakers
East of England Co-op Community
Norman
Alderman
Chadty		 Fund 1,896
768
16,614
2,035
8,779
4,729		 2,667
(83)
(5,112)
(899)
(8,779)
(2,976)
1,560
896		 4,563
685
11,502
1,136
1,753
1,560
896
Hedley Foundation 3,000 3,000
34,821 (9,726) 25,095
TOTAL FUNDS (173,601) 153,662 (19,939)
Comparative
net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended in funds
6 6 F
Unrestricted
funds
General
fund		 916,196 (752„808) 163,388
Restricted funds
Norfolk Community
Foundation
Anguish
Educational
Foundation
Trustees of Dennis Right
Taylor Wimpey
IT Equipment
PTS Power Tools		 14,981
(1)
200		 (12,314)
(82)
(5,112)
(899)
(200)		 2,667
(83)
(5,112)
(899)
Lottery Award
Clothmakers
Norfolk Construction
Charitable
Trust
East of England Co-op Community
Fund
Regional
Development
Funds
Norman
Alderman
Charity
Hedley Foundation
Towegate Insurance
Haines Watts
George Clarke		 1,800
2,160
5,000
6,000
3,000
200
200
50		 (8,779)
(2,976)
(1,800)
(600)
(5,000)
(5,104)
(200)
(200)
(50)		 (8,779)
(2,976)
1,560
896
3,000
33,590 (43,316) (9,726)
TOTAL FUNDS 949,786 (796,124) 153,662

MOVEMENT
IN FUNDS - continued		 MOVEMENT
IN FUNDS - continued		 MOVEMENT
IN FUNDS - continued
A current year 12months and prior year 12months combined position isas follows:
Net Transfers
movement between At
At 1/9/20 in funds funds 31/8/22
F F
Unrestricted
funds
General
fund		 (208,422) 142,668 25,974 (39,780)
Restricted funds
Norfolk Community Foundation 1,896 (1,022) 874
Anguish
Educational		 Foundation 768 22,985 23,753
Geoffrey Watling 4,000 4,000
Trustees of Dennis Right 16,614 (10,224) 6,390
Taylor Wimpey
IT Equipment		 2,035 (1,798) 237
Lottery Award 8,779 (8,779)
Clothmakers 4,729 (3,481) 1,248
Norman
Alderman
Charity		 7,531 7,531
Hedley Foundation 2,925 2,925
Arnold Clark 1,000 1,000
National
Lottery
NCF -J Blanche Tools
NCF -J P Blanche		 10,000
3,555
2,796		 10,000
3,555
2,796
NCF - Mechanics
Lift		 2,460 2,460
NCF - Plumbing
Area		 23,917 23,917
Norfolk Constabulary 5,000 5,000
Norfolk Infrastructure Fund 72,590 (25,974) 46,616
Worshipful
Company		 ofPlumbers 5,713 5,713
34,821 139,168 (25,974) 148,015
TOTAL FUNDS (173,601) 281,836 108,235

MOVEMENT
IN FUNDS - continue		 MOVEMENT
IN FUNDS - continue		 d
A current year 12 months
and prior		 year 12months combined net movement in funds, included
in the above are as follows:
Incoming Resources Movement
resources expended in funds
E
Unrestricted
funds
General fund 1,872,762 (1,730,094) 142,668
Restricted funds
Norfolk Community
Foundation
Anguish
Educational
Foundation
Geoffrey Watling
Trustees of Dennis Right
Taylor Wimpey
IT Equipment
PTS Power Tools
Lottery Award
Clothmakers
Norfolk Construction
Chaditable
Trust
East of England Co-op Community
Fund
Regional
Development
Funds
Norman
Alderman
Charity
Hedley Foundation
Towegate Insurance
Haines Watts
George Clarke
Arnold
Clark
Hansells
National
Lottery
NCF -J Blanche Tools
NCF -J P Blanche
NCF - Mechanics
Lift
NCF - Plumbing
Area
NCF
Student support
Norfolk Constabulary
Norfolk Infrastructure
Fund
Worshipful
Company of Plumbers		 14,982
33,890
4,000
200
1,800
2,160
5,000
13,162
3,000
200
200
100
1,000
500
10,000
3,555
3,254
3,360
25,000
1,000
5,000
90,001
5,713		 (16,004)
(10,905)
(10,224)
(1,798)
(200)
(8,779)
(3,481)
(1,800)
(2,160)
(5,000)
(5,631)
(75)
(200)
(200)
(100)
(500)
(458)
(900)
(1,083)
(1,000)
(17„411)		 (1,022)
22,985
4,000
(10,224)
(1,798)
(8,779)
(3,481)
7,531
2,925
1,000
10,000
3,555
2,796
2,460
23,917
5,000
72,590
5,713
227,077 (87,909) 139,168
TOTAL FUNDS 2,099,839 (1,818,003) 281,836

A donation of E5,000 was previously
received from Clothmakers
towards
IT equipment
and support
for
included
in fixed assets.		 remote learning
costs.The
IT equipment		 learning
costs.The
IT equipment		 learning
costs.The
IT equipment		 learning
costs.The
IT equipment		 learning
costs.The
IT equipment		 learning
costs.The
IT equipment		 is
The East of England
Co-op donated F2,160 in the previous
year towards
Mental
Health training,
this has		 now been spent.
The Norman
Alderman
Charity
previously
donated E6,000 towards the cost ofthe development
of the Mechanics		 area, a further 67,162was donated
this year. Equipment
purchased
is included
in fixed assets.
The Hedley Foundation
donated E3,000towards the costs ofthe development
ofthe Mechanics area last		 year, this was unspent at the year end.
The Norfolk
Construction
Charitable
Trust donated E1,800 towards
the cost of additional
PPE incurred		 due to Covid 19.This was spent within the
year.
During the year the Geoffrey Watling
Chariitable
Trust donated 64,000towards business
growth.
Equipment
purchased
is included		 in fixed assets.
During the year Arnold
Clarke donated f1,000 towards the equipment
required
for the mechanics
area. Equipment		 purchased
is		 included
in		 the fixed
assets.
Hansells
Solicitors donated F500towards the cost of running
the ITSuite, this was spent
in the year.
A grant off10,000was received from the National
Lottery in the year towards the costs ofan after school		 club and was unspent at the year end.
F5,000was received from Norfolk Constabulary
to be used towards the cost ofan after school club.
During the yearf90,001 was received from the Norfolk
Infrastructure
Fund towards the costs of improvements
to
areas. An capital costs are included
in fixed assets.		 the roof and improving
the		 learning
E5,713was received from the Worshipful
Company of Plumbers
towards
redevelopmentof
the plumbing
trade. This was unspent at the year end.		 area and delivering
training
in the		 plumbing
During
the year the following
donations
were made towards
the costs of the charity's
awards
ceremony		 Mr. George Clarke donated f50. This was
spent
in the year.
Transfers
between funds
The transfer
between
funds arose due to an agreement
that costs from an earlier period should
be reallocated		 between
unrestricted
and		 restricted
funds.
RELATED PARTY DISCLOSURES
The CEO is married
to a trustee ofthe charity.
During the year f47,251 was paid to the CEO consisting
E36,916)		 of salary, expenses and health cover. (2021