| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, | its Trustees and advisers | |
| Trustees' report |
2-12 | ||
| Independent examiner's report |
13-14 | ||
| Statement offinancial activities | |||
| Balance sheet | 16 | ||
| Statement ofcash flows | 17 | ||
| Notes to the financial statements | 18-36 |
| Trustees | Rachel Clacher | |
|---|---|---|
| Emma Degg | ||
| Louise Gatenby | ||
| Karen Jones | ||
| Kirsty Rogers | ||
| Martin Howlett (appointed |
9June 2022) | |
| Charity registered | ||
| number | 1161504 | |
| Principal office | Ellice Way | |
| Wrexham | ||
| LL137YL | ||
| Patron | Sir John Timpson | |
| Chief executive officer | Diane Aplin | |
| Accountants | WR Partners | |
| Chartered Accountants |
||
| Belmont House | ||
| Shrewsbury Business Park |
||
| Shrewsbury | ||
| Shropshire | ||
| SY2 6LG | ||
| Bankers | HSBC | |
| PO Box68 | ||
| 130New Street | ||
| Birmingham | ||
| West Midlands | ||
| B24JU |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2022 f |
2022 f |
2022 | 2021 | ||
| Income from: | ||||||
| Donations and legacies |
152,777 | 15,318 | 168,095 | 129,485 | ||
| Charitable activities |
709,721 | 25,500 | 736,221 | 650,109 | ||
| Other trading activities |
6,581 | 6,581 | 3,310 | |||
| Investments | 42 | 42 | 8 | |||
| Other income | 6,722 | 6,722 | 147,324 | |||
| Total Income | 862,498 | 54,163 | 916,661 | 930,236 | ||
| Expenditure on: |
||||||
| Raising funds | 8 | 2,709 | 2,709 | 1,001 | ||
| Charitable activities |
9 | 1,009,886 | 63,065 | 1,072,951 | 661,713 | |
| Total expenditure | 1,012,695 | 63,065 | 1,075,660 | 662,714 | ||
| Net (expenditure)/income | (150,097) | (8,902) | (158,999) | 267,522 | ||
| Transfers between |
funds | 18 | (8,792) | 8,792 | ||
| Net movement in |
funds | (158,889) | (110) | (158,999) | 267,522 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 390,373 | (24,776) | 365,597 | 98,075 | |
| Net movement in funds |
(158,889) | (110) | (158,999) | 267,522 | ||
| Total funds carried forward | 231,484 | (24,886) | 206,598 | 365,597 |
| Note | 2022f | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Intangible assets | 14 | 21,930 | 1,027 | ||||
| Tangible assets | 15 | 18,779 | 22,990 | ||||
| 40,709 | 24,017 | ||||||
| Current assets | |||||||
| Debtors | 16 | 64,150 | 20,236 | ||||
| Cash at bank and | in hand | 304,916 | 413,690 | ||||
| 369,066 | 433,926 | ||||||
| Creditors: amounts | falling | due within one | |||||
| year | 17 | (203,'I 77) | (92,346) | ||||
| Net current assets | 165,889 | 341,580 | |||||
| Total assets less | current | liabilities | 206,598 | 365,597 | |||
| Total net assets | 206,598 | 365,597 | |||||
| Charity funds | |||||||
| Restricted funds | 18 | 231,484 | 390,373 | ||||
| Unrestricted funds |
18 | (24,886) | (24,776) | ||||
| Total funds | 206,598 | 365,597 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | 6 | |||||||
| Cash flows from operating | activities | |||||||
| Net cash | used in operating |
activities | 20 | (74,311) | 402,922 | |||
| Cash flows from investing | activities | |||||||
| Purchase | of intangible assets |
(31,296) | ||||||
| Purchase | oftangible fixed assets |
(3,167) | (8,820) | |||||
| Net cash | used in investing |
activities | (34,463) | (8,620) | ||||
| Change | in cash and cash | equivalents | In | the year | (108,774) | 394,302 | ||
| Cash and | cash equivalents | at the beginning | ofthe year | 413,690 | 19,388 | |||
| Cash and cash equivalents | at the end of | the year | 21 | 304,916 | 413,690 | |||
| The notes on pages 18to 36 | form part ofthese financial statements |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 f |
2022 f |
2022f | 2021f | |
| Donations | 152,777 | 14,818 | 167,595 | 129,092 |
| Gift Aid reclaimed | 500 | 500 | 393 | |
| Total 2022 | 152,777 | 15,318 | 168,095 | 129,485 |
| Total 2021 | 114,621 | 14,864 | 129,485 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2022 f |
2022 f |
2022f | 2021 | |
| Grants | 709,721 | 25,500 | 735,221 | 650,109 |
| Total 2022 | 709,721 | 25,500 | 735,221 | 650,109 |
| Total 2021 | 650,109 | 650,109 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 6 | ||||
| Fundraising | events | 6,581 | 6,581 | 3,310 |
| Total 2022 | 6,581 | 6,581 | 3,310 | |
| Total 2021 | 3,310 | 3,310 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| 6 | |||
| Interest income | 42 | 42 | |
| Total 2022 | 42 | 42 | 8 |
| Total 2021 |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| F | F | 5 | 5 | |||
| Government | grant income | 6,675 | 6,675 | 143,918 | ||
| Insurance | reclaims | 3,406 | ||||
| Other income | 47 | 47 | ||||
| Total 2022 | 6,722 | 6,722 | 147,324 | |||
| Total 2021 | 3,406 | 143,918 | 147,324 |
| Restricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 5 | ||||
| Fundraising | event costs | 2,709 | 2,709 | 1,001 |
| Total 2022 | 2,709 | 2,709 | 1,001 | |
| Total 2021 | 1,001 | 1,001 |
| Restricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | Total | Total | |
| 2022 6 |
2022 f |
2022 f. |
2021 | |
| WeGrow | 467,875 | 39,266 | 507,141 | 183,297 |
| WeBelong | 58,186 | 205 | 58,391 | 19,237 |
| WeDiscover | 106,984 | 6,180 | 113,164 | 118,381 |
| Head Office | 376,841 | 17,414 | 394,255 | 340,798 |
| Total 2022 | 1,009,886 | 63,065 | 1,072,951 | 661,713 |
| Total 2021 | 620,326 | 41,387 | 661,713 |
| Depreciatio | |||||
|---|---|---|---|---|---|
| Staff costs | n | Other costs | Total | Total | |
| 2022 f. |
2022 6 |
2022 f |
2022 F |
2021 | |
| WeG row | 352,691 | 605 | 153,845 | 507,141 | 183,297 |
| WeBelong | 33,660 | 205 | 24,526 | 58,391 | 19,237 |
| WeDiscover | 96,522 | 6,180 | 10,462 | 113,164 | 118,381 |
| Head Office | 193,849 | 9,855 | 190,551 | 394,255 | 340,798 |
| Total 2022 | 676,722 | 16,845 | 379,384 | 1,072,951 | 661,713 |
| Total 2021 | 416,928 | 6,816 | 237,969 | 661,713 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | Total | |
| directly | costs | funds | funds | |
| 2022 | 2022f | 2022 6 |
2021f | |
| WeGrow | 506,536 | 605 | 507,141 | 183,297 |
| WeBelong | 58,186 | 205 | 58,391 | 19,237 |
| WeDiscover | 106,984 | 6,180 | 113,164 | 118,381 |
| Head Office | 394,255 | 394,255 | 340,798 | |
| Total 2022 | 671,706 | 401,245 | 1,072,951 | 661,713 |
| Total 2021 | 320,915 | 340,798 | 661,713 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| WeGrow | WeBelong | WeDiscover | funds | funds | ||
| 2022f | 2022 F |
2022 f |
2022f | 2021 | ||
| Staff costs | 352,691 | 33,660 | 96,522 | 482,873 | 265,399 | |
| Programme | costs | 153,845 | 24,526 | 10,462 | 188,833 | 55,516 |
| Tota I 2022 | 506,536 | 58,186 | 106,984 | 671,706 | 320,915 | |
| Total 2021 | 183,297 | 19,237 | 118,381 | 320,915 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| WeGrow | WeBelong | WeDiscover | Head Office | funds | funds | |
| 2022 | 2022 | 2022 | 2022 | 2022 | 2021 | |
| 6 | 6 | 6 | 6 | 6 | ||
| Staff costs | 193,849 | 193,849 | 151,529 | |||
| Depreciation | 605 | 205 | 6,180 | 9,855 | 16,845 | 6,816 |
| Vehicle costs | 8,456 | 8,456 | 10,287 | |||
| Insurance | 9,628 | 9,628 | 7,741 | |||
| Training and |
||||||
| welfare | 4,351 | 4,351 | 6,326 | |||
| Premises costs | 2,834 | 2,834 | 1,549 | |||
| Travel and | ||||||
| subsistence | 973 | 973 | 547 | |||
| Other costs | 560 | 560 | 576 | |||
| IT and | ||||||
| communications | 22,812 | 22,812 | 8,991 | |||
| Office costs | 6,236 | 6,236 | 1,027 | |||
| HR, marketing | ||||||
| and consultancy | 29,911 | 29,911 | 54,060 | |||
| Subscriptions | 4,884 | 4,884 | 2,727 | |||
| Rent and rates | 81,493 | 81,493 | 81,493 | |||
| Utilities | 9,382 | 9,382 | (545) | |||
| Accountancy | 7,559 | 7,559 | 6,465 | |||
| Bank charges | 1,472 | 1,472 | 1,189 | |||
| Total 2022 | 605 | 205 | 6,180 | 394,255 | 401,245 | 340,798 |
| Total 2021 | 340,798 | 340,798 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 6 | |||||||
| Fees payable | to the Charity's | independent | examiner | for the independent | |||
| examination | ofthe Charity's | annual accounts |
3,150 | 3,050 | |||
| Fees payable | to the Charity's | independent | examiner | in respect of: | |||
| All other services not included | above | 1,800 | 3,435 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 8 | |||||
| Wages and | salaries | 623,672 | 388,842 | ||
| Social security costs | 34,721 | 21,371 | |||
| Contribution | to defined | contribution | pension schemes | 18,329 | 5,715 |
| 676,722 | 416,928 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Employees | 42 | 24 |
| Intangible assets | |
|---|---|
| Computer | |
| software | |
| 6 | |
| Cost | |
| At 1 May 2021 | 3,850 |
| Additions | 31,296 |
| At 30 April 2022 | 35,146 |
| Amortisatlon | |
| At 1 May 2021 | 2,823 |
| Charge for the year | 10,393 |
| At 30 April 2022 | 13,216 |
| Net book value | |
| At 30April 2022 | 21,930 |
| At 30April 2021 | 1,027 |
| Fixtures & | Computer | |||
|---|---|---|---|---|
| Fittings | equipment | Total | ||
| 6 | 6 | 6 | ||
| Cost or valuation | ||||
| At 1 May 2021 | 6,811 | 28,930 | 35,741 | |
| Additions | 3,167 | 3,167 | ||
| Disposals | (1,381) | (1,381) | ||
| At 30 April 2022 | 6,811 | 30,716 | 37,527 | |
| Depreciation | ||||
| At 1 May 2021 | 2,996 | 9,755 | 12,751 | |
| Charge for the year | 1,065 | 5,478 | 6,543 | |
| On disposals | (546) | (546) | ||
| At 30 April 2022 | 4,061 | 14,687 | 18,748 | |
| Net book value | ||||
| At 30 April 2022 | 2,750 | 16,029 | 18,779 | |
| At 30 April 2021 | 3,815 | 19,175 | 22,990 | |
| 16. | Debtors | |||
| 2022 | 2021 | |||
| 6 | ||||
| Due within one year | ||||
| Trade debtors | 45,000 | 6,899 | ||
| Other debtors | 531 | 5,174 | ||
| Prepayments and accrued income |
8,987 | 8,163 | ||
| Grants receivable | 9,632 | |||
| 64,150 | 20,236 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| 6 | ||||||||
| Trade creditors | 16,694 | 19,407 | ||||||
| Other taxation | and | social security | 5,146 | 6,319 | ||||
| Other creditors | 5,277 | 1,340 | ||||||
| Accruals | and deferred | income | 176,060 | 65,280 | ||||
| 203,177 | 92,346 | |||||||
| 2022 | 2021 | |||||||
| 6 | ||||||||
| Deferred | income at | 1 | May 2021 | 60,000 | 50,314 | |||
| Resources deferred | during the year | 155,375 | 60,000 | |||||
| Amounts | released | from previous | periods | (60,000) | (50,314) | |||
| 155,375 | 60,000 |
| Statemen | t | offunds - curren | t year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 30April | |||||
| May 2021 6 |
Income | Expenditure f |
in/out f |
2022 F |
|||
| Unrestricted | funds | ||||||
| General | Funds - all funds | (24,776) | 8,055 | (16,847) | 8,792 | (24,776) | |
| The Hub | - Head Office | 46,108 | (46,218) | (110) | |||
| (24,776) | 54,163 | (63,065) | 8,792 | (24,886) | |||
| Restricted | funds | ||||||
| WeBelong | 25,588 | 26,689 | (58,187) | 39,795 | 33,885 | ||
| WeDiscover | 9,208 | 103,955 | (106,983) | (6,180) | |||
| WeG row | 215,228 | 460,267 | (506,536) | (32,551) | 136,408 | ||
| The Hub | - Head Office | 140,349 | 271,587 | (340,889) | (9,856) | 61,191 | |
| 390,373 | 862,498 | (1,012,595) | (8,792) | 231,484 | |||
| Total of | funds | 365,597 | 916,661 | (1,075,660) | 206,598 |
| Statemen | t | offunds - prior year | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||||
| 1 May 2020 | Income | Expenditure | 30Apri(2021 | |||||
| Unrestricted funds |
||||||||
| General | Funds | (28,655) | 162,100 | (158,221) | (24,776) | |||
| Restricted | funds | |||||||
| Restricted | Funds | 126,730 | 768,136 | (504,493) | 390,373 | |||
| Total of | funds | 98,075 | 930,236 | (662,714) | 365,597 | |||
| 19. | Analysis | of net assets between | funds | |||||
| Analysis | of net assets between | funds | - current year |
| Analysis | of net assets between funds - curr |
ent year | ||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2022 6 |
2022 6 |
2022f | ||
| Tangible | fixed assets | 18,779 | 18,779 | |
| Intangible | fixed assets | 21,930 | 21,930 | |
| Current assets | 231,484 | 137,582 | 369,066 | |
| Creditors | due within one year | (203,177) | (203,177) | |
| Total | 231,484 | (24,886) | 206,598 |
| Analysis Analysis |
of net assets between funds (conti of net assets between funds - prior |
nued) year |
||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021f | 2021 | ||
| Tangible | fixed assets | 22,990 | 22,990 | |
| Intangible | fixed assets | 1,027 | 1,027 | |
| Current assets | 450,373 | (16,447) | 433,926 | |
| Creditors | due within one year | (60,000) | (32,346) | (92,346) |
| 390,373 | (24,776) | 365,597 |
| Reconciliati | on of n |
et | movem | ent | in fun | ds | to ne | t cash flow | from operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022f | 2021 | ||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of Financial | ||||
| Activities) | (158,999) | 267,522 | |||||||||
| Adjustments | for: | ||||||||||
| Depreciation | charges | 6,543 | 6,047 | ||||||||
| Amortisation | charges | 10,393 | 770 | ||||||||
| Loss on the | sale offixed assets | 836 | |||||||||
| Decrease/(increase) | in debtors | (43,914) | 106,691 | ||||||||
| Increase in |
creditors | 110,831 | 21,692 | ||||||||
| Net cash provided | by/(used | in) | operating | activities | (74,311) | 402,922 |
| 21. | Analysis ofcash and cash equivalents | Analysis ofcash and cash equivalents | ||
|---|---|---|---|---|
| 2022f | 2021 | |||
| Cash | in hand | 304,916 | 413,690 | |
| Total | cash and cash equivalents | 304,916 | 413,690 |
| At 1 May | At 30April | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 6 |
Cash flows 6 |
2022 f |
||||||
| Cash | at | bank | and | in | hand | 413,690 | (108,774) | 304,916 |
| 413,690 | (108,774) | 304,916 |
| cancellable | op | erating leases as follows: |
||
|---|---|---|---|---|
| 2022f | 2021 5 |
|||
| Not later than | 1 year | 11,154 | 22,574 | |
| Later than | 1 year and not later than 5years | 5,514 | ||
| 11,154 | 28,088 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | ||||
| Operating | lease | rentals | 29,599 | 31,736 |