## ## ## ## ## ## ## |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||