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2022-03-31-accounts

Page
Trustees'
report		 1-3
Independent
examiner's		 report
Statement
offinancial		 activities 5-6
Balance sheet
Notes to the financial statements 8-16

Current financial year Current financial year
Unrestricted Unrestricted Restricted Total Total
funds funds funds
general designated
2022 2022 2022 2022 2021
Notes E E E E E
Donations
and
investments		 legacies 3
4		 7,500
182		 141,250 148,750
182		 118,051
190
Other income 5 169,294 169,294 146,259
Total Income 176,976 141,250 318,226 264,500
Exgttgt(I(git~
Charitable
activities		 6 167,611 26,045 193,656 176,329
Net Incoming resources before transfers 9,365 115,205 124,570 88,171
Gross transfers between funds 128,487 (128,487)
Net Income/(expenditure) for the year/
Net movement In funds 137,852 (13,282) 124,570 88,171
Fund balances at 1 April 2021 1,490,895 175,000 124,333 1,790,228 1,702,057
Fund balances at 31 March 2022 1,628,747 175,000 111,051 1,914,798 1,790,228

Prior financial year
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2021 2021 2021 2021
Notes E E E E
Donations
and		 legacies 92,949 25,102 118,051
Investments 190 190
Other income 146,259 146,259
Total Income 239,398 25,102 264,500
Eu)gndlltttiLgll.
Charitable
activities		 143,331 32,998 176,329
Net Incoming resources before transfers 96,067 (7,896) 88,171
Gross transfers between funds 225,000 (225,000)
Net income/(expenditure) for the year/
Net movement In funds 321,067 (232,896) 88,171
Fund balances at 1 April 2020 1,169,828 175,000 357,229 1,702,057
Fund balances at 31 March 2021 1,490,895 175,000 124,333 1,790,228

2022 2022 2021 2021
Notes 6 f
Fixed assets
Tangible assets 10 2,714,233 2,650,026
Current assets
Debtors
Cash at bank and
In		 hand 9,017
306,060		 8,438
325,160
Creditors: amounts falling due within 315,077 333,598
one year 13 (95,708) (92,541)
Net current assets 219,369 241,057
Total assets less current liabilities 2,933,602 2,891,083
Creditors: amounts falling due after
more than one year 14 (1,018,804) (1,100,855)
Net assets 1,914,798 1,790,228
Income funds
Restricted
funds
Unrestricted
funds - designated
Unrestricted
funds - general		 15 111,051
175,000
1,628,747		 124,333
175,000
1,490,895
1,914,798 1,790,228
The Charity
had general
funds at the end of the year of81,628,747 (funds
which are not restricted
or otherwiss
designated
for specific purposes),
However
this balance
Is represented
by net long-term
assets (fixed assets less
loans due after more than one year) and as such sre not liquid funds. The unrestricted
bank balance at the year end
was f195,009.2175,000 of this balance
relates to designated
funds,
leaving f20,009 general
fund related cash at
the year end.

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
general general
2022 2022 2022 2021 2021 2021
E E. E E E
Donations and gifts 7,500 7,500 4,949 4,949
Grants 141,250 141,250 88,000 25,102 113,102
7,500 141,250 148,750 92,949 25,102 118,051
Grants receivable for
core activities
Bernard Sunley 10,000 10,000
The Lottery Fund 40,400 40,400 21,102 21,102
The Edward
Foundation		 Gostling 25,000 25,000
Garfield Weston 30,000 30,000
Will Charity 30,000 30,000 10,000 10,000
Bailey Thomas 20,000 20,000
Wolfson 45,000 45,000
Other 5,850 5,850 13,000 4,000 17,000
141,250 141,250 88,000 25,102 113,102
Unrestricted Unrestricted
funds funds
general general
2022 2021
E E
Interest receivable 182 190
Unrestricted Unrestricted
funds funds
general general
2022 2021
E
169,294 146,259

Provision
of		 Provision of
accommoda accommoda
tion and tion and
supported supported
work work
placements placements
2022 2021
E E
Depreciation and impairment 38,734 36,549
Charitable expenditure 148,790 136,480
187,524 173,029
Share of governance costs (see note 7) 6,132 3,300
193,656 176,329
Analysis by fund
Unrestricted funds - general 167,611 143,331
Restricted funds 26,045 32,998
193,656 176,329
Support costs
Support Governance 2022Support costs Governance 2021
costs costs costs
E E E E E E
Accountancy 2,562 2,562 2,040 2,040
Legal and professional 3,570 3,570 1,260 1,260
6,132 6,132 3,300 3,300
Analysed between
Charitable activities 6,132 6,132 3,300 3,300

9 Employees
The average monthly number ofemployees during the year was:
2022 2021
Number Number
Total
10 Tangible
fixed assets
Freehold Computer Total
property equipment
E E
Cost
At 1 April 2021 2,827,457 218 2,827,675
Additions 102,941 102,941
At 31 March 2022 2,930,398 218 2,930,616
Depreciation and Impairment
At 1 April 2021
Depreciation
charged		 in the year 177,431
38,734		 218 177,649
38,734
At 31 March 2022 216,165 218 216,383
Carrying
amount
At 31 March 2022		 2,714,233 2,714,233
At 31 March 2021 2,650,026 2,650,026
11 Debtors
2022 2021
Amounts falling due within one year: E E
Prepayments and accrued income 9,017 8,438

12 Loans and overdrafts
2022 2021
6 6
Bank loans 1,100,855 1,182,906
Payable
within one year
Payable after one year		 82,051
1,018,804		 82,051
1,100,855
Amounts
included
above which		 fall due after five years:
Payable
by Instalments		 690,599 772,650
The long-term
loans are secured		 by a legal charge over the property.
13 Creditors: amounts falling due within one year 2022 2021
Notes 8 8
Bank loans 12 82,051 82,051
Trade creditors 11,515 8,450
Accruals and deferred income 2,142 2,040
95,708 92,541
14 Creditors: amounts falling due after more than one year 2022 2021
Notes f. 6
Bankloans 12 1,018,804 1,100,855

donations and grants
h		 eld on trust for specif ic purposes:
Movement Movement
In funds
In funds
Incoming
resources		 Balance at
1 April 2021		 Incoming
resources		 Resources
expended		 Transfers
31		 Balance at
March 2022
6 f. 6 f. 6 6
Restricted Funds 124,333 141,250 (26,045) (128,487) 111,051
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