Company registration number.. 8822560 Charity regislfation number." 1160971 Leaps and Bounds Community Project IA ¢ompany limited by guarantee) Annual Report and Financial Stalemenls for the Year Ended 31 December 2020 A14 2110412021 COKIPANIES HOUSE W237 Balchelor Coop Ltd Chartered Accountants The New Barn, Mill Lane Easlry. Sandwch CT13 QJW
Leaps and Bounds Community Project Contents Reference and Administrative Details Trustee5' and Directors, Report 2107 Independent Examiner's Report . Statement of Financial Aclivilies Balance Sheet 10 Notes lo the Finanaal Stslements 11to20
Leaps and Bounds Community Project Reference and Administrative Details Trustees J P Abbott, Chairman C Andrew (resigned 14 July 2020) C A Pile {re5igned 31 December 2020) L Mussett K J Green C Malley Secretary K J Green Senior Management Tearn D Smith. Project Mana9er PTln¢lpal Office 6446 Soulhwall Road Deal Kent CT14 9AQ The charity is incorporaled in England. Company Registration Number 8822560 Charity Registfation Number 1160971 Bankers Nat West High Street Deal CT14 6EW Independent Examiner Mark 8atehelor BSC FCA Batehelor Coop Ltd Chartered Accountants The New Bam. Mill Lane Easty, San1¢h CT13 OJW Page 1
Leaps and Bounds Community Project Trustees, and Directors. Report The directors, who are all trustees of Leaps and Bounds Community Project {"Ihe Charill'l for the purposes of the Companies Act, submit their annual report and the financial statements of the Charity for the year ended 31 December 2020. The directors confirm Ihal the annual report and finan¢ial slalements of the Charity comply with current statutory requiremenls, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice.. Accounting and Reporting by Charities" {FRS 102). Structure, govemance and managemenl Nature of governln9 document The organisalion is a Charitable Company limited by guaranlee. incorporated on 20 Oecember 2013 and registered as a charity on 18 March 2015. The company was established under a Memorandum of Associab'on which established Ihe objects and powers ol the charitable company and is governed under ils Articles of Association. In the event of the company being wound up members are required lo contribule an amount not exceeding £10. Recrultment and appolntment of trustees The direclofs of the company are also charity Iruslees for the purposes of charity law and under the Company's Articles are known a5 mernbets of the Management Committee. All members of the Management Committee give their time voluntarily and receNe no benefits frcm the charity. There is a spread ol experience of business and those with an interest and specialist training with the learning disabled and includes a Iruslee who son attends the project. We are seeking a further trustee following the resignation of a trustee and the wellarned retirement of our excellent and dedicated Secretary_ Special thanks are oflered to Chrissy Pile for her excellence in fulfilling the role ol both Trustee and Secretary. The charity has policies and procedures in place for the recruiting. induction and training of nèw trustees. Organlsatlonal Structure The Project Is run by a salaried Project Manager wth part-time suptN)rt staff who are employed by the Charity. The need lo tske each clienfs individual disability into account means that a high ratio of staff lo clients is desirable, particularty if clients are prone to suffer from epilepsy. require monitoring ft)r diabetes during the course of the day or have seizures. We have a small group of very loyal volunteers who work under the direelion of the qualified stsff. From lime lo time the charsty is asked lo assist with work experience placements and as a consequence has develotd Induction training for Ih05e who spend a short lime wth the project. The Project Manager competed her NVQ S Qualifi¢alion in Health and Social Care. This is considerable achievement and we applaud the effort that she has made. We are fortunate lo have such an excellent and passionate manager. Page 2
Leaps and Bounds Community Project Trustees, and Directors. Report Objectives and activities Objects and aims In reviewing our aims and activities we bdieve that the focus of our work in the last 12 months ha5 retained its emphasis on our key objectives and benefits. Our charity's purposes. as set out in the objects contained in the company's Memorandum of Association, are- To relieve the needs of adults with leamin9 and or physical disabilitses in particular by providing training, skills and support Ihal will enable them to develop their life. sttial and edueati¢)nal skills and promote their gfealer independence. Objectiv¢$, Strategles and actlvlties Leaps and Bounds Community Project is an acknvity hub aiming to encourage healthier living and greater Independen lo our client base. The project offers a range of craft-based and other activities within a fully supported setting and this variety of provision is unique lo this area of South East Kent and is supported by Social Services. The Project enjoyed a settled dient base during the repotting year. Some clients attend lor as little as one half day a week. others as much as four days. Some have come as a result of visits from Care Managers or by personal recommendation lo parents. The age nge of the Clients is from 21-75. Around a third of our clients have been with the project for more than 10 yeafs SO they have become firmly established and enjoyed continuity and community during that lime. New clients are quickly accepted and welcomed by the others. Page 3
Leaps and Bounds Community Project Trustees. and Directors, Report Achlevements and perfomiance The provision of actual activities is as follows- . When specialist educab'on provision comes lo an end. the risk to vulnerable adults who have been used lo socializing within a school environmenl is that they can become withdrawn and so¢ially isolated. The project is totally committed lo the social welfare and integration of the clients and the large table around which the ¢lients work is not cnly the working hub. bul a150 the centre of much laughter and fun. The charity reeo9nizes the importance of creating a supportNe community, so client bithdays are celebrated and shared as special days. For their parents or cafers, some precious time to SFend as they wsh. once the Client's fomial education has finished. benefiis their own well-being. as well as promoting the continuing independence and development of the clients. Feedback offered when a survey was condLFeled amongst carefs very much supports this. There will be some clients who gel lo a point where they can move into supported living accommodation once they have the requi51te life skills lo do so. Conlinuing lo attend some day care sessiorbs is very helpful to Iheif security in making this Iransilion. The variety of craft activities which are available to clients includes. ceramic painling, cr05S Stitch and latch rug making, crochet, card making. work with drift wood. simple sewing, beadwork, macramé and many more. The art therapies are helpful in aiding concentration. promoting mental well-being and a sense ol achievement. Originally a craft-based initiative selling craft from a shop, the Project outgrew ils location and ha5 been settled in its present location for the last six years. The clients now sell craft items through local Artisan Fairs. Facebook and through a local shop when possible. 2020 has been 8 difficult year for the country as a fesull of the Covid 19 pandemic, and we have been no exception. The centre has been required to close for some periods during lockdowns and when local infection levels reached nationally high numbers caused by the Kent variance. To ensure the safety of both Ouf clients and staff a strict regime of cleaning and disinfecting has been insliluted. The 'Hand, Face and Space, has required regular hand eleaning, use of masks and requifed the purchase of new furniture lo ensure each client has their own work table. The existing fixed PC computers have been replaced, aided by a generous Community Fund Grant from Dover Distncl Council. with new laptop computers lo enable segregated working lo maintain adequate space. De-humidifiers have been added to reduce the polenlial for airbome dioplels. Despite these many challenges the centre has. when possible, provided much needed day care facilities during Ihis very difficult and on90ing period. The centre manager, staff and volunteers have been exceptional in their dedicatn which is greatly apprlated by the parents and carers and the trustees. A number of activities have been unable lo tske ple. These include the successful local craft fairs which commenced last year. the annual dinner and Christmas party and lunches. All activities have been restricted lo the centre and immediate location Visits from the Fire Brigade, Police and other have been postponed. No visits to schools, the beach or other locations have been undertaken. The otherwise significant financial impact has been ameliorated by the receipt of government grants such as the salary furlough scheme and charity and business support lo provide income. The Community Church, our landlords, have kindly reduced our ienl during this difficult period. The pottery kiln on sile has again been used this year and what is produced from the wide range of moulds in stock is sold through Facebook and a local shop as the craft fairs could not be held. One cf our clients is particularly skilled al fine detail painling and enjoys Ihe challenge of tackling pieces which need the steadiest of hands. Glazed tiles remain popular as coasters, but other seasonal items such as illurninated moons have been very popular. The quality of the goods made is deservedly gaining a good reputation loeally. The clients help with the planning, preparation and sharing of a healthy lunch. The focus is on teaching how lo make a well-balanced meal at a low cost. The safe preparation of food is also laught with some clients able to lake a Fc4)d Hygiene Course" a key life skill and one promoting increased independence. Page 4
Leaps and Bounds Community Project Trustees. and Directors. Report The charity tenefils from fresh produce, particulaity fruit and vegetsbles donated to the project under a partnership wlh the nearest local supermarkets, who would otherwise have to pay for il to go in to landfill once the sell by dale has been reached. The clients are taught lo prep all kinds of fresh vegetables and home-made soups, curries and casseroles are often seNed for lunch. Financial review We ended the year with income exceeding expenditure creating a surplus of £4,050. Our reserves brought forward from 2019 amounted to £15,668 giving cumulattve reserves at 31 De¢ember 2020 of £19,718. We ended the year with £5.773 in the Current Accounl and £10,235 in the Reserve Account. Policy on reserves The Board's aim lo have SerVe funds in pla to meet unexpected expenditure or downturn in client attendance. Income projecb.ons suggests that there is evidence likelihood that this can now be maintained long lerrn. Prlncipal funding Soufces The income for the ongoing work of the project comes largely from Ihe County Council through Social Services lunding. Sessions are approved by Care Managers Care allowances or, in some cases, the clients are free lo buy in day care attendance through their Personal Independence Payment. Session costs are red by Social Services and have only seen a very small increase since the Project's formaljon. This year we have accessed the govemment furlough payments fund and speaal funds to assist charities and businesses during the ongoing pandemic. In addition, a grant from the local Distri¢t Council funded the purchase of new laptop compulers. The charity h8$ continued lo consolidate ils financial positDn this reporting year despite the many problems encountered. Investment policy and objectives The Board is committed lo transferring any surplus capital whenever possible into our Resefve Account. Avoiding any other investments has proved wse given the current stock market declines. Fundraising disclosure$ Profits from the Fundraising Social and Craft Fair sales generated fvnds of £nil {YE2019.' £6481. Public benefit The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard lo the public benefit guidanee published by the Charity Comrnission for England and Wales. Page S
Leaps and Bounds Community Project Trustees, and Directors. Report Plans for future periods Alms and key objectives for future periods Given the extraordinary year the focus has been on maintaining the service whenever possible. A review of the way staff is paid recently carried out will result in the adoption of hourly rates of pay rather than session rates from 1 March 2020. This will allow more flexibility for staff lo cover additional hours when needed. The hourly rate has been sel al the level of the National Living Wage and is reviewed annually. Small company provisions This report has been in accordance with the small companies, regime under the Companies Act 20C6. Reappointment of indepgndent examiner Balchelor Coop were appointed as the charitable company's independent examiners during the year and they have expressed their willingness to continue in that capacity. Page 6
Leaps and Bounds Community Project Trustees. and Directors. Report Statement of Rgsponsibilities Statement of Trustee's Responsibilities The Iru5tees (who are also the directors of Leaps and Bounds Comrnunity Project for the purFK)ses of company lawl are responsible for preparing the Irustee5' report and the financial statements in accordance with the United Kingdom Accounling Standards {Uniled Kingdom Generally Accepted Accounting Practieel and applicable law and regulats"ons. Company law requires the trustees lo prepare financi81 statement5 for each financial year. Under company law the trustees must not approve the financial stslements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of ils incoming resources and applicabon of resources. including ils income and expenditure, for that period. In preparing these financial stalemenls. the trustees are required lo.. select suitable accounting policies and apply them consisienlly- observe the methods and principles in the Chanties SORP". make iudgemenls and estimates Ihal a reasonable and prudent: slate whether applicable UK Accounting Stsndards have been followed, subjecl lo any material departures disclosed and explained in the financial slatemenls. and prepare the financial statements on the going Concem b3S15 unless il is inappropriate lo presume that the charitable company will continue in business. The Iruslees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charitable company's transactions and disclose with reasonable aceuraey at any Iirne the financial position of the charitable company and enable them to ensure that the financial statements Comply wlh the Companies Act 20¢%. They are also responsible for safeguarding the assets of the charitsble company and hence for laking reasonable slep5 for the prevention and detection of fraud and other irregularitles. The annual report was approved by the trustees of the charity on 9 March 2021 and signed on ils behaFf by. L Mussett Trustee Tnjslee Page 7
Leaps and Bounds Community Project Independent Examiner's Report to the trustees of Leaps and Bounds Community Project I rewrt lo the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 9 to 20. Respective responsibilities of trustees and examiner As the charity's tnjslees of Leaps and Bounds Community Project land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Cornpanies Act 2006 {'the 2006 Acl'l. Having satisfied myself that the accounts of Leaps and Bounds Community Project are not required to be audited under Part 16 of the 2006 Act and are eligible for independeni examination, I report in respect of my examination of your charity's accounts as carried out under section 145 01 the Charities Aet 2011 {'Ihe 2011 Aet'l. In carrying out my examination I have followed the Oireclions given by the Charity Commission undef sectson 1451Sllbl of the 2011 Act. Independent examiner's statement I have completed my examination. I confimi that no matters have come to my allenlion in connection with the examination giving me cause lo believe". 111 accounting records were not kepl in respect of the company as required by section 386 of the 2016 Act., or 121 the accounts do not accord wlh those accounting records.. or 131 the accounts do nol comply with the accounting requirements of section 396 of the 2016 Act other than arby requirement that the accounts give a -true and fairf view whh is not a matter considered as part of an independent examination", or {41 the accounts have not been prepared in accordan wilh Ihe melhods and principles of the Slalement of Recommended practice for accounts.ng and reports.ng by charities lapplicable to charities preparing their aeeounts in aceordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS10211 I have no conM$ and have come across no other matters in connection wilh the examination lo which attention Should be drawn in this report in order lo enable a proper understanding of the ac¢ounls lo be reached. Mark Balchelor BSC FCA Independent Examiner Chartered Accountant Bal¢helor Coop Ltd charte Accountsnts The New Barn, Mill Lane Easlry, Sandwich CT13 OJW 22 March 2021 Page 8
Leaps and Bounds Community Project Statement of Financial Activities for the Year Ended 31 December 2020 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total Unrestricted 2019 Unrestricted funds Total 2020 Note Income and Endowmenls from.. Donations and legacies Charitable activities Other trading aelivrties Investrnenl income 26.205 52,247 26,205 52,247 1.262 69,221 887 55 Total In¢ome 78,457 78,457 71,425 Expendlture on: Raising funds Charitable activities Management and administration Governance costs 1239) 160,876) 12,9591 2.5521 167,2641 13,1031 4,040 {67,2641 13,1031 14.040 74,407 10 Total Expenditure 74.407 65,626 Net income 4.050 4.050 4.799 Net movement in funds 4,050 4.050 4.799 Reconciliation of funds Total funds brou9hl forward Total funds carried forward 15.668 15,668 10,869 20 19.718 19,718 15,668 All of the charity's activities derNe from eonlinuing operations during the above pertods. The funds breakdown for 2019 is shown in note 20. Page 9
Leaps and Bounds Community Project (Registration number: 8822560) - Balance Sheet.as.at.31.December 2020 2020 2019 Note Flxed assets Tangible assets 15 2.665 2,046 Current assets Debtors Cash al ba'nk and in hand 16 3.295 16,024 2.744 13.269 19.319 16.013 Creditor¥: Amounts falling due within one year 17 2,2661 {2,391 Net current assets 17,053 13,622 15,668 Net assets 19,718 Funds ofthe eharfty: Unrestrfcted Income funds Unreslricled funds 19,718 15,668 Total funds 20 19,718 15,668 For the financial year ending 31 December 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, responsibililie5'. The members have not required the charity to obtain an audit of ils accounts for the year in question in aeeordan¢e wlh section 476.. and The directors aCknO%edge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparalion of accounts. These accounts have been prepared in accordance with the provi5i0ns opplicable to companies subject to the small companies regime. The financial statemen15 on pages 9 to 20 were approved by the trustees, and authorised for issue on 9 March 2021 and signed on their behalf by- J P Abbott Trustee Trustee Page 10
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 1 Charity status The charity is limited by guaranlee. incorporated in England. and consequently does not have share capital. Each of the trustees is liable lo contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The address of ils registered office is". 64-66 Southwall Road Deal Kent CT14 9AQ 2 Accounting polities Summary of sl9nrfi¢ant accounting policies and key accounting estimates The Pfincipal accounting policies applied in the preparation of these financial statements are sel ovl below. These policies have been consistentty applied to all the years presented. unless otherwise slated. Statement of compliance The financial stslemenls have been prepared in accordance th Accounting and Reporting by Charilies.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in accoidance with the Financial Repoth"ng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeelive 1 January 20151 (Charities SORP IFRS 10211, the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. They also comply wth the Companies Act 2006 and Charities Act 2011. Basis of preparation The financial slalements have been prepafed under the historical cost convention in accordance with applicable United Kingdom Accounting Standards. the Charity Commission 'Slaternenl of Recommended Practice." Accounting and Reporting by Charities, ISORPI. the Financial Reporting Standard 102, and the Companies Act 2006. A summary of the Pfincipal accounting polieies. which have been applied consistently. except where noted. is sel out below. Going concem The Ifuslees consider that there are no material unrtainlIeS about the charity's ability lo continue as a going concem nor any sKJnificanl areas of uncertainty that affect the carrying value of assets held by the charity. In¢ome and endowments Revenue is recognised where there is enlitlemenl. certainty of receipt and the amount can be measured with suffi'cient reliability. Page 11
Leaps and Bounds Community Project Notes to the Flnancial Statements for the Year Ended 31 December 2020 Donations and legacSes Donations are recogni5ed when the charity has been notified in writing of both the amounl and settlement dale. In the event that a donation is Subject to conditions that require a level of performance by the charity befofe the charity is entitled lo the funds, the income is deferred and not recognised until either those conditions are fully met. or the fulfilmenl of those eonditions is wholly within the control of the charity and it is probable that these eondibons 11 be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entsllemenl lo the funds and any conditions linked to the grants have been met Where performance conditions are attached to Ihe grant and are yet to be mel, the income is recognised as a liability and included on the balan¢e Sheet as deferred income to be released. Government grants Government 9ranls are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are elassified as relating either lo revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are reeognised. Grants relatsng lo assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred. it is reccgnised as deferred inccme. Expenditure Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been Classified under headings that aggregate all costs related to the category. Ralsing funds These are cost5 incurred in attracting voluntary income. the management of investment5 and those incurred in trading aelivilies that raise funds. Charitable actlvitles Charitable expenditure ¢PriseS those costs incurred by the charty in the delNery of its activities and services for ils beneficiaries. St includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to sUPPOrt them. Governance costs These include the costs attributable to the Charity's Compliance with con51ilulional and slalutory requirements, including the cost and examination of the accounts, strategic management and Trustee's rneelings and reimbursed expenses. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and eall deposits, and other short-lerm highly liquid inveslmenls that are readily convertible to a known amount of Cash and are subject lo an insignificant risk of change in value. Page 12
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 Taxation The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is polenkn'alty exempt from tsxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporatson Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable purposes. Tangible fixed assets Individual fixed as5els costing £100 or more are inib.alty recorded at cost. Depreciation and amortisation Depreciation is piovided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value. over their expected useful econom life as follows. Asset ¢lass Fvrnilure and equipmenl Depreciation Method and rate 15trkn reducing balance basis Fund structure Unrestricted income funds are general funds that are available for use al the Irustees's discrebon in furtherance of the objectives of the charity. Debtors Trade deblots are amounts due from customer5 for M8handISe sold or services performed in the ordinary course of busines5. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-lerm highly liquid investments that are readity convertible to a known amount of cash and are subject to an Insignifint risk of change in value. Creditors Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities rf the company does not have an unconditional right. al the end of the reporting period, lo defer settlement of the creditor for al least tsvelve mtsnlhs after the reporting dale. If there is an unconditional right to defer settlement for al least e1Ve month5 after the reporung dale. they are presented as non-currenl liabilities. Page 13
Leaps and Bounds Community Project Notes to the Flnancial Statements for the Year Ended 31 December 2020 3 Income from donations and legacies Unrestricted funds Totsl 2020 Total 2019 General Donations and legac5.. Donations from individLtals Gift aid reclaimed Grants, including ¢apital grants., Governmenl grants Donations from community groups 2.325 275 2.325 275 1,000 262 22.701 904 22,701 904 26.205 26.205 1,262 4 Income from charitable activities Unrestricted lunds Total 2020 Totsl 2019 General Sales of goods Clients fees Clients sessions 7Th) 50,823 724 700 50,823 724 2,579 62,479 4,163 52,247 52,247 69,221 S Income Irom other trading activitie¥ Total 2020 Total 2019 Fundraising 887 887 6 Investment Income Unrestricted lunds Total 2020 Total 2019 General Interest receivable and similar in¢ome'. Interest receivable on bank deposits 55 Page 14
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 7 Expenditure on raising funds al Costs of tradlng activltles Total 2020 Total 2019 Note Fundraising trading costs.. Fundraising 239 239 8 Expendtture on charitable activities Unrestricted funds Total 2020 Total 2019 General Purchases Catering Wages and salaries 'Support workers Stall hire Bad debts written off Penspan costs Rent Depreciatn, arnortisation and other similar costs 1.047 120 20,304 26,632 15 688 422 17,490 1.047 120 20,304 26,632 15 688 422 17,490 546 2,102 390 19.982 17,529 434 19,666 392 67,264 67,264 60,876 Pa9e 15
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 9 Managernent and administralion Unrestricted funds Total 2020 Total 2019 Genèral Markebng and publiety Repairs and maintenance Entertaining Staff training Insurance Telephone and fax Printing. postage and stationery Sundry expenses Cleaning Bank charges 93 885 118 414 810 425 1S8 93 885 118 414 810 425 158 355 12 402 790 449 193 197 529 32 169 30 169 30 3,103 3,103 2,959 10 Analysi$ of governance and support costs Governance costs Unrestricted funds Total 2020 Total 2019 Genernl Accountancy and examination fees Bookkeeper 3.290 750 3,290 750 2,162 390 4,040 4,040 2,552 11 Trustees remuneration and expenses No Iru5tee5. nor any persons connected them. have received any remunerabon from the chafity during the year. No trustees have received any reimbursed expenses from the Charity during the year. Page 16
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 12 Stsff costs The agggate payroll ¢osls were as follows". 2020 2019 Staff costs during the year were-. Wages and salaries Pension costs 46,936 422 37,511 380 47,358 37.891 The monthly average number of persons (including senior management team) employed by the ¢harily during the year expressed as full lime equivalents was as follows". 2020 No 2019 Support workers Adminislralion 1 12019 - 11 of the above ernoYeeS participated in the Defined contribub.on Pension Scheme5. No employee received emoluments of more than £60.000 during the year. 13 Independent examinerfs remuneration 2020 2019 Other lees to examiners Examinalion-relaled assurance services All other seryices 1.314 1,976 3,290 1.260 902 2.162 Page 17
Leaps and Bounds Community Project Notes to the Financial Statements for the Year Ended 31 December 2020 14 Taxation No provision for tsxation is included in the financial statements as the company is a charity enlilled lo the exemption from tax afforded by Section 505, ICTA 1988. 15 Tangible fixed assets Furnlture and equiprnent Totsl Cost Al 1 January 2020 Additions 3.595 1.165 3.595 1.165 Al 31 December 2020 4.760 4.760 Depreciation Al 1 January 2020 Charge for the year Al 31 December 2020 1.549 546 1.549 546 2,095 2,095 Net book value Al 31 December 2020 2,665 2,665 Al 31 December 2019 2,046 16 Debtors 2020 2019 Trade debtors Other debtors 2,873 422 2,597 147 3.295 2.744 Page 18
Leaps and Bounds Community Project Notes to the Financial Ststements for the Year Ended 31 December 2020 17 Creditors: amounts falllng due withln one year 2020 2019 Other taxation and social security Other creditor5 Accruals 387 57 1.822 351 80 1,960 2.266 2.391 18 Obligations under leases and hlre purchase contracts Opgrating Ipase cornmitmonts Total future minimum lease payments under nOn-cancellab operatsng leases are as follows.. 2020 2019 Land and buildlngs Within one year Betsveen one and five years 19.140 59.400 19,800 79,200 78.540 99,000 19 Pension and otheTsehemes Defined contribution pension scheme The charity operates a defined corblribubon pension scheme.. The pension cost Charge for the year represents contribution5 payable by the charity to the scheme and amounted lo £422 {2019 - £380}. Page 19
Leaps and Bounds Community Project Notes to the Financial Ststsments for the Year Ended 31 December 2020 20 Funds Balance at 31 December 2020 Balance at 1 January 2020 Incoming resources Resources expended Unrestrlcted funds General (15.668 (78.457 74.407 19,718 Balance at 31 December 2019 8alanee at 1 January 2019 Incoming resources Resources expended Unrestricted funds General 10.869 71,425 15,668 21 Analysls of net assets between funds Unrestrlcted funds General Total funds Tangible fixed assets Current assets Current liabilities 2,665 19,319 12.266) 19.718 2.665 19.319 2.266} 19.718 Total net assets Unrestricted fund¥ Total funds at31 December 2019 General Tangible fixed assets Current assets Current liabilities 2,046 16.013 2,391 2,046 16,013 2,391 Total nel as5els 15,668 15,668 Page 20