Company regi51fdtion number.. 4372563 Charity registration number: 1157557 Eastmoor Community Project Limited (A t{￿nr￿nY limited by guarante) Annual Rewjrt attd FiDanci21 Statements forthe Year Et)ded 31 m￿rh 2022 Steve Hunt ACA 48 Round Hill Darton BARTrISLEY South Yorkshire S75 5QJ Eastmoor Collununity Project Limited Contents Reference and Adu)illisttative Detsils Sirategic Rcpon 2to4 Ttustees, Rep(>rt 5t07 Independent ExaTnin&s Report Statement of Financial ACti￿tieS 9tolO Balance Sheet Statement of Cash Flows 12 Notes to the Fin8n¢wi Swements 13to27 Eastmoor Community Project Litnited R¢feren¢e and Administrative Detalls Trustees JGAllott J G Mtlne J M Milne K G Philip M Rishwortb O M Rowley R Taylor Senior M8nggenwnt / Leadenbip C Balln. Si SWith￿s Community Centsr Manager Team Ch8rity Registratiox Number 1157557 Conylly Registration 4372563 Thr chartty is inco4Jorated in England and Wales. The Dowcr House Fl Heath WAKEFIELD West Yorkshire WFI SSL Reglstered Offl¢e Principal Office St SwithuDS cA)M￿lty Centre Amcliife Road Easimoor WAKF.FIELD West YoTk$hi WFI 4RW Ind¢pendeAt E%4mitter Steve Hunt ACA 48 Round Hill Darton BAILNSLEY South YO￿$hI[¢ g75 iQJ Pag¢ I Eastmoor Community Project Limited Strategic Report for the Year Ended 31 M#reh 2022 The tDJStees, who are th"r¢ctors for the pur￿>Se5 of compaDy ]aw, present their Stra￿￿¢ reporf for the year ellded 31 March 2022. in compliance with s414C ofthe Con4)aoie5 Art 2(Kb6. Eastm(Mbr Community Project Limited Strategie Report for the Year Ended 31 March 2022 Achievetnents performance The stsrt of the year saw the Centre contitLUiDg io be used &% a v8c£inaiion eentre with increasing nun)bers of people passing througb thc building as thc 'tirab a Jab, czrnpai￿j pushed io gei everyone vaccinaled with their fjrsi and second vaccincs. The renral inconK from their pr¢s¢n¢¢ ac¢ouni¢d for mo¥¢ than 700/0 of the total income Tec¢ived from room lettmgs. Many of the services developed in resp)JJse io cojwnwiiry need dllring 2020Q021 coniinue¢ iTh¢luding the supply of f￿d parcels. Ollr shopping servi¢e gradually reduced as ￿llnerable pe¢)ple feli safe ro go out again. Durirtg the year we b¢gall to ask thai parcels be collected. rather than staff titne to deliver. Thi5 was necessary as we began to open the Centre more and Ttxjre to community and b￿8]neSses. By June we were seeing thc gradual rctum of our regular groups and business meeungs. The surnlner of 2021 saw the launch of the Dational Holidays aThl Activities Food progrdmme (H.4FI with funds distributed to local authoTiiies to 5UPtM)rt children and their families during school holidays, known in (he Wakefield District a5 WF Happy Hcalthy Holidays. Easts)YKTrr secured fill)ding from WMDC w tak¢ patt in the programrae and wclcomcd QVCT 174 during the fitst part of the programme, delifvetillg healthy eat]ng initiatives, phvsical activiiies. visirs and nwch more. A hea]thy cooked meal providwj on many of ttLe days gnd packed lunches on days out. In NoYembLY 2021. the Centre t(x)k part in the Kickstort scheme. again a govemmenl initiative to create new jobs for 16 to 2¥y&qr olds on Unl￿ersal Credit who w¢re ai risk of long-iemi unemployment. We employed a part time member of sthff for the %ix-month period the ran for. The project was succe&sful in gaining filnding from the A¢iiv¢ and InSpi￿d fund using spori and physicat aeti>'ily to benefit young people from ages 6 - 2). The futLdiug was accessed via Wakefield CouDciI's Health ImproverneDt TeanL The scheme wag extremely successful, how¢ver it r¢ased when the member of staff eEDployed ro c{￿0Tdinate and run activities took up a po$Itiort in another organisation. As we eniered a new year. 2022 saw a decline in the use of the Centre for v2ccination d¢liv¢ry and by th¢ cnd of this reporting p¢ri(Ki, there wa5 on]y ￿CaSIOnal need of our services for this puq)ose. There was. however, dn irt¢re&sing return of commercial boMikin8s, bringing incorne to tKJth the CeDtre and Cafè on the Moor, wjth all upwrn in requests for buffet fix)d during meetings. Food bank users, ¢UTrenrly receivitjg food support. wh(> we know are 51Tuggling but are engaging wrEh support service5 such as CAB lor help with benefit reviews. budgeiing's and debt ¢On501idaiion have been invited io our new Community P2ntry- Infomiion ha5 been Shar￿ with all local Sch￿]s. inwiiing key workers to make direct rttfetrdls foi tètnlll¢s th¢y believe woulo r*ttvIll m beL'omill¥ d Mem￿1. Th¢ L)IfiLially upL'ncd its doots on Thursday 10th March 2022. The fjrsi day ent dhvdd withoJt any issu¢s and it ￿aS atNazing to spend time getting to know the members as they shoppcd round the ￿ltry. We look forward to building on existing rel￿]0￿Ships and hopefully sigtLPOSt memters inlo o scrvice5 and courses that will better help them and thcir f￿]lieS in iu th¢ future. In partrlership with Wood¥peen TEainitLg atld other local petsplt into hs8her educatio￿ baek illLO WO qualifLCations. roviders, we re*stsblished courses at the Centre to help k after un¢tllploytn¢n¢ improve pIospecLS and upwde Following Ru￿la'S invasion of the Ukraine and the asking residents to donate rnedieal supplIes and oth reccived from the rommunity was rernarkable with as th¢n used to order a further £450 pounds wo sheat5, gloTre5 and wipes. Arngem¢ots wert Jn agteed to transport the donation to the Polish border and appreciation for the amazing do1￿10aL ulting Trfvgee Crisis we appealcd to thc local wmrnunity ess¢niia] itetn5 for tbe UkrainiaD people. The support we y [nemb￿S donating Tn¢dical supplies attd cash whith h of bandages. dre55Lngs. eye ￿sh &qses, foil blankets, with the Associaiion of Uthiftc it) Huddersfield, who The people from the Ukraitte Clllb passed on their Eastmoor Community Project Limited Strategie Report for the Year Ended 31 Mareh 2022 fmallcial revie There was a decrease of £530 {2021 increase of £73.1361 in fi]nds during the year. BcfotE ac¢owtirtg for depreciation of £38,991 there was 2n intr￿e io fimds of £J8.461. Cash fimds infftased ]]] tbc )'¢ar by £3i.724 to £389,849. At this leyel cash reserves are rirca I3￿￿ {2021 1320/0) of aDllua] expenditure. M2llagement accounts are pn)du¢ed and presented at the Tn￿tte$ Meetin8 on a quarterly ba515. Pol¥cy reserves The Direclors have a policy of a n)inimum reseTre of 30?/0 of the arntual tunning cosrs. On a short-tETTn b&siS these hav¢ increased above the wgeted higher level of reserves. of up to IIM)O/* of th¢ annual rl￿￿]ng cosW due to the uncthainties that the CoYid-19 pandelljic has brought aixjul. The level of reseEves is reported to th¢ Tru#ttS each ttx>nth. Thc 5trdiegi¢ r¢wrt was approved by the ¢ru5tee5 of the charity on 7 Decetnber 2022 and $i￿ed on its behalf by.. JGML Ttyst Page 4 EaSt￿00r Community Project Limited Trustees, Report The trustees, Ikho are director5 for the purposes of eompan), law. present ihc 3nrtual teport together with the financial statetnenis of th¢ charitsble company for the yeat ended 31 March 2022. ObJe¢tives and aetivities Objects The charity's objecis as cotxtsitied iti the company'5 articles of aS￿)ctatiOn are.. To fi]rth¢r oy bertefit thc residents of Wakefield and the neighknurhoo¢ without distitt¢lion of sex. Sexual orienthtiL)n. race or of political, ￿lIgiOuS or i)thcr opinions by aswiating iogethcr the sald re5Èdents and thc l(Kal uuthorities. voluntary and oth¢r OTgaDisations in a ￿mI￿On etTort to ad￿ance educaiiot) and to PTovid¢ facilities in the interests of wcial welfare for re¢re8tion leisure tiEDe (uupation with the obj¢¢tive of improving the conditions of life for the residents. ObjecrfvdK Strut￿1£5 We continue tr> work towFrds our ainLS and objective& helping build tbe long-twn capacity for I￿al residenis to participate and Cothtribllte to the d¢Ycloptnent of educarion. trdining and health initiati￿.¢$. Asset ba5¢d WUTkshop5 and consultation evettis look pla¢e during the year, attended by many local residents. to sUp￿rt us to focus the of the Eastmoor area aod how tbese Can be built upoll. P4blie beThefii In fi]rtherdncc of th¢ charities objectives activitics are und¢rt2k¢n lo establish or secure the establisljtnellt of a ¢ominuIiity centre and to m2intain or mattage oi rwperdte with any ststutory authority in the n)ainlendnce and management of such a celltre for activiti£s promoted by the charity in of the aknve objectives. The mjstees confjrn) that they have cornplied with the requirements of section 17 of the Charities Act 2011 ff) have dut regard to the public beneflt guidance published by the Clwitv CotTunission for England and Wales. StruduTty governaDce and maDagemeiit Nulure ofgoverrting dDcHmenl The organisaiioTI is a charitable company limited by guarnntee. ineorporated on 12 February 2(X)2 and register as a ¢hariiy ort 19 June 2014. The company Vds estsblished undcr a MCMOrdnd￿n of Asswiation whicli e5tsbli5hed the objects and powets of the charithble company and is govetnal UE]du its Articles ofAs'sociation. In the event of the company b¢mg wound up the liability of each mcmkn Is limited to £1. Recruilmelll oftdttppoilirtmenloftru￿eCS The b¢)ard comprises a llLximum of12 member& Of these a of 4 are app)int¢d fmm each of:_ . The local comtnuniry . The Parish of St Andrew and Si Mary • A8encies within the local community FlnaD¢lal In$trumtttts Objedives ondpolicies The Chariiy's activities expose it io a numkn of finallcial risks ineludit)g ¢redit risk. cash flow risk and liquidity risk. The charity does not use fjnaniial derivatives. Pag¢ 5 Eastmoor Community Project Limited Trustees, Report C￿￿]1￿￿ risk The Charity's activities expose it to mintmal flljallcial risk in the changes in (oreign curttncy exchange rates and interest rntes and therefore the charity does not us¢ foteLgD excha￿8¢ forward contracts or illterest ra￿ swap COTrtra¢ts to hed8e thesc extM)sure> Crethi risk The Charity's pritici￿1 finatjciai &%scts are bank balances alld trnde a￿j other receivables, and Invest￿ents. The Charity'5 eredii risk is primarily attril)utsble to its trade rweivables. The amounts prcsenied in the balan¢e sheet are n¢t of allowances for doubiful r&eivables. An &llovrdDce for tmpairment is made wheTe there is at2 identified loss event whicK basLxi ot) pr¢Yiou5 ¢xp¢rienc4 is evidence ora reductioij In th¢ reco￿¢tabl1]ty ofthe cash flows. The ChaTity h&8 no signifitrdni coneentsation of credit risk. Liquithty risk The Charity u5e5 its own cash resowces io fi]￿J opcrdtions and futu￿ developrnents. Statement of tnistees, responsibllhles The trust¢¢s {who aE also the directors of E8sknoor ComTnullity Project Limited for the purposes of company law) are responsible for prepariDg th¢ trustees. r¢pon and the financial siatetnents En acc4)rdan¢e with ipplicable law and Uttiicd Kingdom AccountiRg Stslldards. (United Kingdom Generally Accept¢d A¢munting Practice). including FRS 102 "The Financial RetK)ning Siandatd applicable in the UK and Republic ot'treland" Company law requires the tnjsiees to prepare financial statements for each financial year. Under company law the trustee5 rn￿St not approve the fmaneial stalements unlw they are 5alisfi￿ thai they gi￿¢ d true aTrd fair view of the sthtc of afFaiTS of the charitohle cotnpany and of the ineomittg resource5 and application of resou￿¢$. including its income and ex]Mditure. of ¢haritable cowtEP3TLy for that perio& In p￿paTIng these financtal statements, the tnJstee5 arc rcqlltred to- select suitable accowJtLng policie5 ard apply them ¢onsistelltly' observe thc Meth(￿$ and PTinciples in the Chariiies SQRP; makc judgemerEts and estimates that are reasotaable and pnknkni; stdie wheth¢r applicable aceourttin2 stsndards. conwisine FRS 102 have been followeiL Sllbie￿ to any mat¢tiaJ dcptmw&8 disclLwd and explained in the fin2ncial ststemeThts.' and preparc the financial statements on the going concern basis unless it is inappropriate io preswne that the charttablc company will continue iti bustness. The trustees are responsible lor keeping pr￿r a¢¢ountinE reeords that ¢an dixlose with reasonable accuTacy at any time the fJn¥ncial position of the charitsble company and enable them to ensure that the f￿an￿al siatements comply with the Companies Act 2006. Tbey arc also responsible for safeguatding thc assets of ihe chaiiiablc company and hence for taking rcasonable stq)5 for the preveniion and dete¢iion of frdud and othei irregularities. 'rhe tru$r¢¢s are responsibl¢ for th¢ rnaintenance and integTity of the corpordre and finallcial iDfomuti in¢lud¢d on the charitsble compatjls website. Legislaiiots governing the preparation alld dissemination of fu)an¢iitl statrments n￿Y diff¢r from l¢gislatioD in other jwt5dictioD5. Page 6 Eastmoor Community Project LEmited Trustees, Report The annual report approved by the tnLStees of the c￿lty OD 7 Decenik 2022 and si￿ed OTA its behalf by: JGMI te Page 7 EaStM(￿r Community Prnject Limiled Independent Examiner's Report to the trustees of Eastmoor Community Project Llmlted ('the Company I repon to the chariry trustees on tny examination of the accounts of tbe Company for the year ellded 31 March 2022. Responsibilities and basls of report As th¢ charity's ￿￿Slee$ of the Company (and a]so its director5 for the pu￿0￿ of company law) you are responsible for the preparation orth¢ accounts in accordance with the requircmcnLS of the C<)mpanies Act 2006 {'thc 2(K)6 Act'}. Having Satisfied mys¢lf that the atsounts of the Comtw]y arc not rquired to bc audited und¢r Part 16 of the 2006 Act and are eligible for indepelldent examiDauoN I report iij Iespect of my examination of your ¢harity'5 accounts as canied out llnd¢r section 145 of the Chan"ties Act 2011 {'the 2011 Act'}. In canying out my exatnination I have followed the Directions given by Ihe Charity Commission under s￿tion 14515)(b) of the 2011 Act. Independent examlner'$ $t#ternent Since the Company's gross exceeded £250.(KKY your examiner rnust be a member of a body lisled in section 145 tsf the 2011 Act. I confllm thai I am qualified to UTLdcrthke the examination bcuu5c l am 8 mcmber of th¢ Institute of Chartvrd Accountants ID England and Walc4 which is one of the listed bodies. I have Complet￿ my examtnation. l ¢oDfirnJ that no mattm have come to my attentiott in Connection with thc examination wving caus¢ to belReve'. l. acLoiinting r￿ordS We￿ noi kept in respect of Eastm￿ G)mmunity Project Limited as required by sectioll 386 of tbe 2(H)6 Aci." 01 2. the a¢cout)ts do not accord w4tb thos¢ recor￿. or 3. the accounts do not ¢omply with the atcouniing requiretncnts of section 396 of the 2(X)6 Act other than any requirement thai the accounLS gtve a 'ttue aTMI fair view. whi¢lJ is not a ￿laItcr considered as part of an indeFend¢ni examination.. or 4. the accounts ha￿¢ not beeD prepared iti accordance with the Metho￿ and principles of the Stat¢Tlleut of RecOrn￿ended Pr2Cli¢e for accounting #nd reporting by charities lapplicable to charities preparing their accounts in actordaEJ¢¢ with the Fin#tiCI￿ ReportiDg Stattdard appli¢able in the UK and Republic of Ire1￿)d IFRS 102)]. I hav¢ rt¢J ¢(micTns and have come across no othEr maurr5 connection Wllh the exan)itiation ￿ which alttntion should be thaml in this reportin order to cn8bl¢ a proper undeT5t8nding of thc accounts to be rea¢h¢d. Sttve Hunt ACA the Institute of Chart¢rrd Accountants Engla[￿ and Wales 48 Round Hill Darton BARNSLEY South Yorkshire S75 5QJ l)ate'. Page 8 Eastmoor Community Project Limited Statement of Financial Activities for the Year Ended 31 March 2022 (Ineludlng Ineome 2nd Expenditure Account and Stgtement of Total Recognised Gains Losses) TotY41 2022 fullds hnds Note Income and Endowments from: Donations and legacies Charitable a¢tivitie$ Other trading #Ltivilies It)vesthent incom¢ 6J91 28,786 149,072 24 6.391 143,951 149.072 24 115,165 To&] LttWtn¢ 184273 115,165 299,438 Expenditure ON: Raising fun(ts Charitable activities (126.251) {28.78i} {28,905) 1116,0271 1155,1561 {144.8121 Total expenditure 1155.036 (144.932} (299.9681 Net ith¢om¢JlexpendibJre) 29237 (29,767) 1530) Nct moY¢Tn¢nt in fi]nits 29.237 {29.767} 1530) Re¢onclll4tion of fund5 Total fi￿dS broughi fomrd Total funds wried forward 358,000 421.772 779.772 19 387.237 Unresirlded futtds 392,(K15 Restrieted 779,242 Total 2021 Nots Inco￿e aDd Endowments from: Donations and Icgacies Charitable aclivilies Oiher trading activities Jnvestment illcome 1.135 118.549 68,501 87 1,135 273.647 68.501 87 155.098 Total incon]e 188.272 155,098 343.370 Eyp¢ndl¢ure on: Raisino funds Cbariiable activities {9,153) {76.3301 (28,￿5} 1155.8461 {38.0581 {232.1761 Totsl expertditure 85,48)) 1184,7511 {270,2341 Net Inro￿£1(¢xPendLÉUre} 102,789 129,6531 73.136 Net rnoven)eni in ftmds 102,789 129,6531 73,136 Recolltili#tion of fund5 Tota] fimds b]Y)ught foThward Total funds rarried foThvard 255211 451,425 706.636 19 358,(MKI 421,772 779,772 The Ejotes on pa8es 13 10 27 forni integral part of these financia] stateTnents. EaStm(￿r Community Project Limited Statement of Financial Aetlvltles for the Year Ended 31 Mareh 2022 (Including Income and Expendithre Account and Statement of Total Recognised Gain$ and Losses) All of ttLe charl￿'S activities derive frn)m continuing operntions during thc aErf>ve two periods. The fiJn4Js br¢akdown fo¥ 2021 is note 19. The notes on pa￿S 13 to 27 form an integrdl w olthese finan¢ial Sts*ments. Page 10 Eastmoor Community Project Limlted Oieglstratlon number: 4372563) Balance Sheet as at 31 March 2022 21122 2021 Note Fiied assets Tangible assets 15 413.785 438,279 Current assets Debtors Cash at bank at￿ in hand 16 17 15,702 389,849 23.178 356,125 405,551 379,303 Cr2ditor5: All￿￿￿1$ falliD¥ d•e wlthin one y￿r 18 {40.094) (37,810} Net current assets 365.457 341.493 Net assets 779,242 779.772 Fuffids of the charity: Restrided iDtorne funds Restticted funds 392,(K>5 421.772 Unrtttrieted ine•nhe (t￿dI Unre%triclcd fi]nds 387.237 358,OtKk Total funds 19 779,242 779.772 For the flnancial year ending 3 1 Mat¢h 2022 the clwity was entitled kn exeniption from audit under se¢tioD 477 of the Companies A¢t 2006 r¢lating to slljall companies. Dire¢toI3' r¢spon5ibilities.' The members have noi required the cbariry ts) obtain an audit of its ac¢ounrs for the year in question in accordance with section 476," and The directors acknowledge their resp)n$ibilities foT cornpIyiTh8 with th¢ r¢quirements of the Act respect to ALLQUUtw record5 and the prepatstion of sttounts. The financial slalernents on pages 9 to 27 were approved by the trusrees. and authori$￿ for i&8ue on 7 December 2022 and sign¢d their behalf by.. O M Rowley Trustee The notes on pages 13 to 27 forEn all inie8ral pan of these fmancial statements. Page 11 Eastmoor Community Project Limited Ststement of Cash Flows for ¢he Y￿r Ended 31 March 2022 2022 2021 Note Cash flows from oper*tiNE activides Net cash {¢xp¢nd1tur¢yi￿0me {5301 73,136 Adju$tments to ¢￿h flows from notrc#sh ite Depreciation Jniestment Lncoine 38.991 24 37,058 87 38,437 10,107 Worklng capital *dju$tIue￿ts Decreasallincreasel in debiots Increase/(de¢r¢as¢) in ¢r¢ditors 16 18 7.476 2,284 (13.376) 11.546 Net cash tlows from operating activities 48.197 95,185 Cash flow5 frorn investing activities Intercsi rec¢ivable and simil& income Purchase ofiang]ble fixed assets 24 (14.497) 87 16,7061 15 Nct cash flows from invt$tittg arti￿11t$ (14,4731 {6.6191 Net increase In cash and cash equivalents 33.724 88.566 C8sh and cash cquiTraients at l April 356,125 267.559 Cash and cash equivaienls at J l March 389.849 356 125 All of the cash flows are derived from continuing operations during th¢ above two periods. The notes on Wdges 13 to 27 fom atl intcgral part of these financial statements. Page 12 Eastmoor Community Projert Limited otes to the Financial Statements for the Year Ended 31 March 2022 I Charity $ts*u$ The eknity is limited by guarantee, in¢oryK>rated in England and Wales, alld CODsequently docs not hsve share capital. Each of the tn]st¢es 1$ liable to ¢ontsibute an allK)Ullt llot excttdiDg £1 towards the a&sets of the ch8riry in the event of liquidation. The addrc5s of its registered offi¢e is.. The Dower Housc Flat Heath WAKEFIELD West Yorkshire WFI SSL The principal plaee of business is- St Swithuns Community Centre Arncliffe Road Eastmoor WAKEFIELD Wesl Yort(shire WFI 4RW These financ￿1 statements were authorised for issue by the ttus¢tts on 7 December 2022. 2 Aecoutttillg policies Summarv of signifit8nt a¢¢ounting p)licies kev accou•ting estiDMte5 The prinLipal accounting policics applied in the PTeparation of thesc financial statements arc set out below. These policies have been eojjsistenily applied to all the years presenied. unless otherwise stsied. Statement of cO￿pItance The financial statcm¢nts have been prepared in accordance with Accow)ting and Reporting by Charitics.. Statement of Recon]mended Practice (applicable to charities preparing their accounts in accordanc¢ with the Financial Rtporting Standard applicable ID the LK and Republic of Ireland (FRS I02}1 {isslled in October 2019} {CharitiÈS goRP (Flig 102)}. the Reportirt8 St4￿a￿d th• LTK and Republic of trelattd (FRS 1021 alld the Compani¢s Act 2006. Basls of preparatioD Eastmoor Community Projeet Limited meets the definition of a public benefit ettlrty" under FRS 102. Asyets and liabililits are initially r￿OgnIS￿ ai histOTi¢a] cost or trans￿li0n value unltss <￿er￿se stst￿ Kn the relevallt ccouniing policy noies. Coing concern The t￿￿te¢S Co￿]der that ther¢ arc material UDcertatDiies about the charity's ability to continuc as a going con¢¢m nor any 5igDificaDt areas of uncenainty that affect the caryiJ)g V￿￿e 0[￿etS held by tbe charity. Income amd tndoTrTheDts All income is r¢cognised once the eharity has entit]¢ll￿1 (o the income, ii is probable that the income will be received and the amount of thc income rtteivable can be [nCas￿ reliably. Pa8c 13 Ea$tmoor Conllnunhy Project Llmlted Notes to the ￿]nancIal Statements for the Year Ended 31 March 2022 Donuts0￿ tynd leg4ci¢s Donations are recognised when the charity has been notified in ￿TitI￿O of the amount and settlement date. In the event thai a donation 15 5ubjeci to ¢oDditions that require a level of ￿forn)8ft¢¢ by the charity before the charity is etttitled to the Furtd& the income is deferred artd rtot tetognised until either those conditions are fijlly MCL or thc ￿]f]I￿Cnt of tlM)sc eonditions is wknlly within the control of thc chartty aThl it Is probablc that these Conditions will be fulfilled in the re￿rtIng period. Grnllts receivable Grant income 15 recognised when there is elliitletnenL it is probable that the income will be receiv￿ and the atnount call be Measured teliabty. Other irodin8 Iidiviiies Income includes that reeeived froD] building and room hire a￿d &ssocialed facilities. ID addiiiorl the 1￿come from the Comtnunity Centre cafe i5 included in this category. Income is included for building and room hEre in thc pcriod of hEre. Cafe income is included within pcri¢xl the fL￿d and drink is sold. Interest income on c&sh deposits is recognised wh¢Th the Inte￿¥ is crdited. Ch4rilAble 4cliwlie5 Income received under conitaci is re¢ognised as the rlevartt and Servi￿ are provid&L Eypendltyre All expcndittjre is re¢o8nised otKe thrTE i5 a lega] or constructive obligation to that expetMIiDJre, It is probable settlement Is required and the amount can be measured reliably. All costs are allocated to the appli¢able expenditure heading that aggrcg8it similar costs io category. costs cannot bc direcdy attribuied to particular headingi they have been allocated on a basis consistettt Mryth the use of resourccs. with ccntral staff costs allLKated on the basis of lime spenL and depreciation charges allocatrd on the portion of the asset's use. Other support Costs aTe allocated based on the spread of staff costs. Rai5ingfvnds Thcs¢ 8r¢ ¢osts incurred in attracting voh]ntary income and those incurrcd in trading activities that ￿lse fi￿d$. Ch4niable qclivities C]briiable expendiDJre comwises those costs itt¢w￿d by the ¢lwtty in the deliv￿ of its activities aDd services for its beneficiarie5. It includes both costs thai Can be allocated directty kn such actiTrities and those costs of an indirtct nature ttecessary to support th¢m. Support costs Support costs include ¢entrdl funLlions and ￿ve been all¢Ka￿d to aciiviiy cost eaiegvrieb Ort a basis consistent with the use of rcsourecs. for example, allocatiJ]g property costs by floor areas: or per capita. ststT costs by Ihe time spent and other costs by their usage. Governanee costs These include the c05Es attributsbl¢ to the Charity's compliance with coDstithtional and srawtory requirements. including the cost of the independ¢nt eXamI￿Oll. Page 14 Eastmoor Community Project Limited Notes to the Financial Statement5 for the Year Ended 31 March 2022 Taxatlon The charity is considered io pass the tests set out in Paragraph I Schc41ulc 6 of thc Finance Act 2010 and th¢refore it m¢ets' the definition of a charitsble cornpany for UK corporation tsx PUTposes. Accordingly, the charity is ￿teNtiallY exempt from laxalion in respect of income or capital gains rcceived within Lat¢gvn¢5 covered by Chapter 3 Part I l of the CorporaiioD Tax Act 2010 ¢)r sectio￿ 256 of the Taxation of Chargeable Gains Aci 199? to the extent that such it]come or gains applied exclusively io charitable putposes. Tangible fixed assets All individual fixed wets are illitially recordd at cosL less any subsequ¢nL a¢cumulat&l depJEcTation and subsequent accujnulatcd impairmcni losses. Depreciation and amorti$*tion Dcprc¢iatiort is proTrided on tangible fixed assets so as to write off the c05t OT Yaluation. less any estimated r(xidual value, over their expected use￿1 economie life as follows.. Asset cl*ss Depre¢l4t5oll tnrthod and rate Straighi line basis to the end of the lease Short leasehold buildings Fixiures fittings and equiplnent 2(Y/o reducing balance Tradc debtors Tradc debiors 8r¢ amounts due from customets for services ￿rfOn)wl in the ordinw ¢outsc of tWS]￿s5. Trade debtors are reCognis￿ initÈally ￿ the transaction priee. They are SubSequ￿tIY measur￿1 at amonised cosi using the effective inicrest meth(xl. Icss provision for impa]mtht. .4 provision for the impaimient of trade debtors is established whcn there is objectivc ewden¢e that Chty will noi be abl¢ to coll¢c¢ all amoun due according lo the original Lern￿ of the receivables. Cash and ca9b ¢qUiVAleDts Cash and ¢￿h quivalents c4>mprise cash atMI call dqjosits, and other short-term highly liquid investmcnts that are readily cottvertiblc to a known an￿Unt of cash and are subject to all insignificant risk of cbatige in value_ Trade creditors Trade creditors are obligations to pay for go(Kis or services have been a¢quir¢d in thc ordinary cours¢ of bu5inCSs from suppliers. ArrouDts payable ar¢ C1￿]rIed as cwreni liabilities if the cbarity does not have an uncondiiional right, at lh¢ end of the reporting pcriod. to defer settleTn¢nl of the creditor for ai least twelve Fnonths after the re]x)rting date. If thcrc is an unconditional righi io d¢feT 5cttletnent for at le&8t twelve months after the rcponing date, they are presented as non-CUTreni liabiliiies. TTrd¢ creditors are reco8nised initially at the transaction price and subsequently rneasured at a￿￿rtised ¢ost using the effectii'e int¢r¢st n)cthod. Page 15 Eastmoor Community Project Limlted Notes to th¢ Financial Statements for the Year Ended 31 March 2022 BorroW￿gI Intere5t.kariTLg borrowings are initially recorded at fair va]LK T￿t of tI￿SactIon costs. Jnterest-bearing b0￿WIll8S are subsequently ca￿led at alnortised cost. with the difference beiween the proceeds, net of trattsacuoll costs. and the all￿1￿1 due OD redemption being recogllised as a charge to the SL2tement of Financial Activitics over the period of the rclcvdnt borrowin& Interest expense is reeogDiSed on the b&8is of the effective interest rnet1￿ ard is included in intcrest payable and sitnilar charge5. Borrowings are classified as C￿re￿I liabilities llnltss the Charity has an uncolldÉtional righi ts) defer seitlement or the liability for at l¢a5t tw¢lv¢ Tllonths after the reporting date. Fllnd structure Unreitricted income funds are gen¢rat fi￿d8 that are available for use at the m]stees discr¢tion in fiwth¢ran¢e of e objectives of the eharity. Re#ricted income fiwds are those donated for use in a partt¢ular area or for spe¢ifi¢ PUTP)se¥ the us¢ of which is r&%tyscted to that area or PUTPOSe. Penslons and otber posi redrement obl￿￿on$ Thc charity owates a dcfjrted corttributi(>o pension s¢h¢me. Conknbutions are Charged in the $￿ement of financial activities as they become payable in accorda￿t with the Tule5 of the scheme. Financi&l instruments Classification Financial asseis and finan¢ia] liabilities are recogTri%d when the charity b#orn￿ a parry to the contta¢tual pruvibions of the irtstrument. Financial liabilities and equity instruments are cl&8sified at￿rding to the subststKe of the contratttlal arrartgem¢TLts en￿[cd into. An equity instrument is any coDtraci that evidcnccs a resadual inter&st in the assets of the charity xfter dedullirtg all of its liabilities. Page 16 Easttnoor Community Project Limited Not¢s to tbe Financial Statements for the Year Ended 31 March 2022 RecogniTlion ondmeasuremtnt All financial assets and liabilitie5 art initially rn¢a5ured at traDsaction price (including transaction costs), except for those financial ￿etS cla&sificd as ai fair vahle thr￿gh profil or loss. which aTe initially measured al fair value (which is nomially the ¢ransaction price excluding trdn5action c05ts1. unless the aTran8cmcnt constitutes a financing tyansaciion. If an arrdngement constitulcs a financing transaction. the financial asset or financia] liabilily is m¢asLwed at the present value ol thc fi]ll￿e pawnts discounted ai a markei rate of interesi foT a similar debt instrutnenL Financial &ss¢ts atjd liabilities are only off%1 in the statement of fitWLcial position whe14 and only when there exists a legally enfor¢eablc right to sct off the rc£ogniscd amounts atKI th¢ ¢harity intffids either to settle on a nei basis, or to realise th¢ dbset and seiil¢ the liability sirnultsnLu)usly. Finatt¢ial assets are de￿Og￿lS¢d when and only when al the contractual rights to the ¢asb flows from the rtnaneial a>%et expire or are settled. bl the charity transfers lo another pany subS￿￿ti￿lY dll of the Tisks and rewards of owneTship of the financial a￿1. or e) thc chariry. dcspitc hawng rerained some, but not all. significant risks and rewards of ￿￿)erShip, h&s transferruj control of the asset to another party. Financaal liabilities are deretognised only when the obligatioll specified in the contract is discharged, cancelled orexpires. Fwr wthte The bcsi evidence of fair vatue is a quoted price for an idenihcal &8set in an active markd. Ivhen quoied pri¢¢s are uttavailable. the price of a recent transaction for an idcniieal assct pmvides evidence of fair value as long as there h&8 noi èecn a SI￿31r1(￿nI chan¥e in erollolnic circuTnstsnccs or a sigDifi&gnt lapsc of time 8ittce th¢ transdction took place. If the markei is not active and recent trdllsactions of an identical asw on Iheir own are not a good estimate of fatr value, the fair value 15 estimated by ustng a valuauon ochnique. 3 Income from donations and legaeies Unrestricted funds General fullds Donations atsd le8acies', Donation5 fron indiv1th￿l5 6,391 6,391 Total for 21122 6.391 6,391 Total for 21121 1.135 1,135 4 ltteome from ¢harit*ble aetivilies Page 17 Eastmoor Community Project Li￿lted Notes to the Financial Stgtcments for the Year Ended 31 March 2022 Unrestrided (ullds General Restrieted fund$ Total 2022 Special Projects Other grants Covid-19 Grants Active and inspired project Hclp at thc Hub Happy Healthy Holidays WMDC- Capitsl Grani Ki¢kstart 11,632 3.075 14.078 11,632 3,075 37,224 37.333 9.600 30,920 9,084 5.082 23.146 37.333 30.920 9.084 5.082 28.785 15.165 143.950 Dr￿t￿Ctert funds Re$tri¢ted Dds Total 2021 Special Projccts The Big Lottery Covid-19 Grants WMDC- Carer DigiLqI Inclusion Foodbank Grants Active and iTLspired project WarbLthn's PTojects Covid-19 projects 2.474 2.474 325 177.321 9,949 10.728 46,667 10,000 16.183 325 61,246 9,949 10,728 46,667 10,1 16,183 116,075 118.549 155.098 273,647 5 In¢om¢ from otheT trading activities Unrestricted Ceneral 2022 Trading illCOTnt.' Cafe Income Building hirc and roorn rentsl Other income from other trading a¢livi¢ies 2,253 146,635 184 2.253 146,635 184 149,07? 149.072 Page 18 Eastmoor Community Project Limited Notes to the Fln2ncial Statements for the Year Ended 31 Mareh 2022 nrestrlcted futhds Gentr41 Total 2021 Tradin8 in¢om¢' Cafe Income Building hire athd rwm rentsl Other income from other trdding activiiifx 1,901 64263 2,337 64,263 2,337 68.501 68,501 6 Investmeni intome UDrestrlcted funds General Total fund5 Interest reeeivable and similar incorne. Intcrest receiY3bl¢ on bank deposits 24 24 Totsl for 2022 24 24 Total for 2021 87 87 7 ￿penditUre on rlli￿ng IMnd$ Allotxted 511PPOrt eosts Total eosts Dirert eosts Costs of trading aetiviiies 64.385 90,771 155,156 Total for 2022 64.385 90,771 155,156 Total for 21121 14.804 21,907 36.711 8 Expendlture on eh#rlt*ble aetivities Page 19 Eastmoor Conllnunity Project Limited Notes to the Financlal Siatem¢nts for the Year Ended 31 Mareh 2022 ActlTrlty llttdertaken direttly Athity support tosts Total expellditsre Happy Healthy Holidays Help at the hub Special Projects Other grants Activ¢ and inspired projeci WREN Covid-l9 gtanis WMDC Capi￿1 grant Ki¢kstaTt 14.772 16.148 9.6(K) 5.711 3.075 25.663 3,751 14,464 3.085 1,094 30.920 9,600 11,632 3,075 40,444 3.751 37.224 3,085 5.082 5.921 14.781 22,760 3.988 TotAI for 2022 62222 82,591 144.813 Total for 2021 121295 112,228 233,523 In addition to the expenditure analysed alx)ve. ther¢ a150 governance costs of £2.458 (2021 - £2,359) which relo1¢ dit¢Ltly io charitable aclivities. See note 9 for fUrt￿￿￿etaIl& 9 An*lysl$ of governance and support costs Support ￿$1$ #lloeated to raisiDg funds Premlses tosts GoiernaDce Flnan¢e Administratlon Including sts eosts depreciatlon Basis of alloeatto B,C Costs of trading activities 1.2?9 Other support costs 862 2288 62,095 Total 2021 Total 2022 Costs of trdding ac¢iviii¢s 90,771 21.907 Page 20 Eastmoor Cotnmunity Project Limited Notes to the fjnancial Statements for the Year Ended 31 March 2022 Support ¢o$t$ allocated to charitable act]￿lIeS Other support Totsl 2022 depre¢i8tiOD 2021 BA5is ofaUo¢*tio A.B.C Help a¢ the Hub Happy healthy holidays WN(DC- carer digi¢al inclusion Covid-19 Projects The Big Lottery AJ.C Active and inspired proje¢1 A,C Covid-19 grants A,B,C WREN Watburtotk pro1￿ts Spe¢iai Projects WMDC Capital gTant Kicksthn Other gtalltS 4,8(X) 8,074 4.81KI 8.074 16.148 2,344 10,814 150 7,600 85,067 3.859 2,395 10.663 15.IMM) 14.464 25.663 14,464 3.751 3.751 5,711 3.085 1,094 3,075 5.711 3,085 1,094 3.075 A.B.C A,B,C 40.253 42.)38 82,59L 112,229 Basrs of Referen¢¢ Melhod of allocation Support costs arc allo¢aied dire¢¢ly to the actsvity where [￿)SSIble Employtnent C05Ls are allocatd on the basis of time Depreciation and esthblishmenl Costs are alE(Kated on the basis of floor area Govern￿￿re ¢11515 fuDds General Total 2022 Independent examiner fees EX￿nInation of the financial $￿eMents Legal and professionol fees 2,311 147 2.311 147 2,458 2.458 Page21 Eastmoor Commtthity PTOjfft Limited Notes to the Financial Statements for the Year Ended 31 March 2022 Ul￿eStrICted fund5 CeDeral Total 2021 Independent examiTJer fees Examination of the flljancial statementy Legal and professional fees 2.160 199 2,160 199 2.359 2,359 10 Net kne•mlngloutgoing re50ur¢ Net loutgoingyiDcoming resources for the year include: 2022 2021 Depreciation of fixed &ssets 38.991 37,058 11 Tru$tees remuneration and expense5 No trns1￿, tx)r 8ny ￿[$0￿5 connected with have received xny rernuneration from the eharity during the No trustces have rtteived any r¢imbursed expenses or any other benefits from the charity during the year. 12 St#tTcosts The a￿egate payroll costs wer¢ as follows: 2022 2011 Staff cost5 duriDg the year were- Wages and Salaries Social security costs Pension costs 173,131 7,736 13,230 168,977 7,094 10.571 194,097 186,642 Th¢ tnonthly average numbcr of p¢rson$ {in¢luding 5etLior managemcnt I lead￿[p team) employed by the ch8n.ty during the yw ¢xpressed as full tin]e equivalertts as follov4S'. 2022 2021 Employees including casual aThl p8rt-tim¢ Contributions to the employee peDSiOD schem¢s for the year totailed £13230 (2021- £10,571). Page 22 EaStm(￿r Community Pr(Jject Limited Notes to Ihe Financial Statements for the Year Ended 31 March 2022 No employee re£eived emoluments of thall £60.iK>O dwiDg the yw. The totsl ernployee benefits of the key Managem￿( ￿r50nDe[ of th¢ dwity were £46,137 {2021 _ £46,967). 13 Independené ex*Jtiiner'5 remuner8tlo 2022 2021 Examination of the fillancial statements 2,311 2.160 14 Tax4tlo The charity is a regi5tercd charity alld is theref¢)re exempt from tsxariorL IS T8ngible fixed assets Fi%tures. fittiRgs equipment IAnd attd buildlngs Total At l April 2021 Additions 1.375.IKI8 159,306 14.497 1,534,314 14,497 At 31 March 2022 1.375.(M)8 173.803 1,548,811 Depreelation At l April 202] Charge for the yeax 956.055 32.227 139,980 6.764 1.096,035 38,991 At 31 March 2022 98828? 146,744 1.135.026 Nrt l)ouk value At 31 March 20?2 386,726 27.059 413.785 At 31 March 2021 418,953 19,326 438.279 Included within the net book valuc ofiand dnd buildings above is £Nil12021 - £Nill in resped of frtthold land and buildings and £386,726 (2021- £418.9i3) in respea of l¢ascholds. 16 Debtors 2022 2021 Trdde debtors Prepay￿￿[$ 13.782 1,920 21257 1,921 23,178 15.702 Page 23 Eastmoor Community Projecl Limited Notes to the Financial Statements for the Year Ended 31 March 2022 17 Cash and cash equivalents 2022 2021 Cash on haTyJ Cash &1 bank 46 356,079 389,688 389,849 356.125 18 Creditors: arnollnts fallirtg due ￿thIn ye*r 2022 2021 Trade creditor5 Oiher tsxaiion and social secwity Other creditors Accn]als 3,813 103 3,214 2.412 32,081 2.913 33.368 40.094 37.810 19 FuNd5 Balance at I April 2021 Resobrtes expelldtd Balance at 31 M8r¢h 2022 re51Iurces UnrestrÉtted fvnds General Unrestricted fund 358.001 184273 (155.037) 387,237 Re5trictÈd funds Bllilding Fund Active and inspired proje¢t iEN co￿1d-]9 Grdnts WMDC Capitat grant Kick5tsrt Help at the hub Happy Healthy Holidays Totsi restricted fuDd5 405.615 {28.￿5) {40.444} {3.7511 123,1461 13.0831 (5,082) {9.600} (30.920) 376.710 37.333 13,045 9.294 23,146 9,084 5,082 6,001 30.920 421,771 115,165 1144,9311 392,005 Total funds 779,772 299,438 (299,968) 779.242 Balattre at I April 2020 In¢otllitig resrt carers to access and use dtgitsl equipffle Active and Inspired The project is fi￿ded by a local authority granL The aims of the projttt are to engage children atld young people whi) are t]ot participating in any activities. parttcularly physical acuvities. Targci groups are Asian girls, African girls dtid Eastern European iM>ys. building confidence and self