| Page | |
|---|---|
| Reference and Administrative Details |
|
| Report ofthe Trustees | 2-7 |
| Report ofthe Independent Examiners |
|
| Statement of Financial Activities | |
| Balance Sheet | 10 |
| Statement ofCash Flows | |
| Notes to the Financial Statements | 12 - 19 |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Note | 5 | 5 | F | 5 | ||
| INCOME FROM: | ||||||
| Donations, grants and legacies |
272,722 | 111,778 | 384,500 | 559,520 | ||
| Other trading activities |
50 | 2,138 | 2,188 | 396 | ||
| Investment income |
12 | 12 | 329 | |||
| Total income | 272,784 | 113,916 | 386,700 | 560,245 | ||
| EXPENDITURE ON: | ||||||
| Raising funds | 45,931 | 5,874 | 51,805 | 57,014 | ||
| Charitable activities |
93,731 | 140,031 | 233,762 | 275,131 | ||
| Support costs | 100,833 | 8,042 | 108,675 | 118,155 | ||
| Total expenditure | 240 295 | 153,947 | 394,242 | 450300 | ||
| Net income I(Expenditure) | 32,489 | (40,031) | (7,542) | 109,945 | ||
| Transfers between |
funds | |||||
| Net movement in |
funds | 32489 | 40031 | 7542 | 109,945 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 918,135 | 90,977 | 1,009,112 | 899,167 | |
| Total funds carried forward | 950624 | 50946 | 1 001 570 | 1 009112 |
| Note | 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||||||||
| Tangible assets | 537,268 | 551,330 | |||||||||||
| CURRENT ASSETS | |||||||||||||
| Stock | 21,167 | 19,511 | |||||||||||
| Cash at bank and | in | hand | 454,414 | 447,167 | |||||||||
| 475,581 | 466,678 | ||||||||||||
| CURRENT LIABILITIES | |||||||||||||
| Creditors amounts | falling | due | within | ||||||||||
| one year | 10 | 11 | 279 | 8 890 | |||||||||
| 464,302 | 457,782 | ||||||||||||
| NET ASSETS | 1 001 570 | 1 000 112 | |||||||||||
| CHARITY FUNDS | |||||||||||||
| Unrestricted funds |
950,624 | 918,135 | |||||||||||
| Restricted funds | 50,946 | 90,977 | |||||||||||
| Total charity funds | 1 001,570 | 1,009,112 | |||||||||||
| h tt tt tt |
t | pp | 9t | 19 | pp | d | d | th | 1 | dhpth | tt:2r.(9 f.z.c2.z. |
| 2021 6 |
2020f | ||
|---|---|---|---|
| Cash flow from operating activities |
|||
| Net income / (expenditure) for the period |
(7,542) | 109,945 | |
| Depreciation oftangible fixed |
assets | 15,112 | 16,066 |
| (Increase) / decrease in stock |
(1,656) | 9,887 | |
| (Increase) / decrease in debtors |
10,757 | ||
| Increase / (decrease) in creditors |
2,383 | (6,037) | |
| Net cash flow from operating | activities | 8,297 | 140,618 |
| Cash flow from investing activities |
|||
| Payments to acquire tangible |
fixed assets | (1,050) | (1,054) |
| Net cash flow from investing | activities | (1,050( | ~(1,054 |
| Net increase / (decrease) in |
cash and cash equivalents | 7,247 | 139,564 |
| Cash and cash equivalents | at start of period | 447,167 | 307,603 |
| Cash and cash equivalents | at end ofperiod | 454,414 | 447,187 |
| Cash and cash equivalents | consists of: | ||
| Cash at bank and in hand | 342,680 | 335,444 | |
| Short term deposits | 111,734 | 111,723 | |
| Cash and cash equivalents | at end ofperiod | 454,414 | 447,187 |
| Office equipment | 15'/o | reducing balance |
reducing balance |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Computer equipment |
33'/0 | straight | line | ||||||||
| Fixtures and fittings | 20'/o | and 50'/0 straight | line | ||||||||
| Costume | 10'/0 | straight | line | ||||||||
| Freehold property |
2'/0 straight | line | |||||||||
| Freehold property |
|||||||||||
| Freehold property value |
is reviewed annually |
by the | trustees to ensure that | the value in the financial |
|||||||
| statements'is a fair reflection |
ofthe market value and | no additional | diminution | in value has occurred. | |||||||
| Value Added Tax (VAT) | |||||||||||
| The CIO is not registered | for VAT and accordingly irrecoverable |
VAT is charged as an expense against the | |||||||||
| activity for which expenditure | arose. | ||||||||||
| Stock | |||||||||||
| Stock consists of purchased | goods for | resale. Stocks are valued | at the lower of cost and | net realisable | |||||||
| value, after making due allowance for obsolete and slow moving |
items. | ||||||||||
| Debtors and creditors receivable Ipayable |
within | one year | |||||||||
| Debtors and creditors with no stated interest rate and receivable |
or payable | within one year are recorded | |||||||||
| at transaction price. |
|||||||||||
| Leases | |||||||||||
| Rentals payable and receivable under operating leases are charged |
to the SoFA on a straight | line basis over | |||||||||
| the period ofthe lease. | |||||||||||
| Pension costs | |||||||||||
| The CIO operates a defined | contribution | plan | for the | benefit of | its | employees. | Contributions | are expensed | |||
| as they become payable. | |||||||||||
| Going concern | |||||||||||
| The financial statements |
have been prepared | on a | going concern | basis as | the trustees believe |
that no | |||||
| material uncertainties exist. |
The trustees | have | considered the level |
offunds held and the expected | level of | ||||||
| income and expenditure | for | 12 months | from authorising these financial statements. The budgeted |
income | |||||||
| and expenditure is sufficient |
with the levelof reserves | for the CIO to | be able to | continue as a going | concern. | ||||||
| -13- |
| Income from donatio | ns, grants and legacie |
s | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total | Total | ||
| 2021 | 2021 | 2021 | 2020 | ||
| 6 | 6 | 6 | 6 | ||
| Donations, grants and |
legacies | 271,423 | 29,504 | 271,423 | 482,100 |
| BBCChildren in Need |
47,129 | 47,129 | |||
| NCF: Goodman Trust |
500 | 500 | |||
| NCF: East of England | Co-op | 3,648 | 3,648 | ||
| Postcode Places Trust: players of People' s | |||||
| Postcode Lottery | 11,223 | 11,223 | |||
| Active Norfolk / Sport |
England | 6,774 | 6,774 | ||
| NCF: Shelroy Trust | 10,000 | 10,000 | |||
| NCF: Victory Homes | 3,000 | 3,000 | |||
| HMRC JRSGrants | 1,299 | 1,299 | 77,420 | ||
| Total donations, grants and legacies |
272 722 | 111778 | 384 500 | 559,520 |
| Incom | e from other trading activi |
ties | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| 6 | 6 | 6 | 6 | |||
| Smiles | 8 Tears Boxes | 2,138 | 2,138 | |||
| Other | activities | 50 | 50 | 396 | ||
| Total | income from other trading | activities | 50 | 2 138 | 2 188 | 396 |
| Investment | incom | e | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total | Total | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| 6 | 6 | |||||||
| Bank deposit | interest | 12 | 12 | 329 | ||||
| Total investment | income | 12 | 12 | 329 | ||||
| Cost of raising funds | ||||||||
| Unrestricted | Restricted | |||||||
| funds | funds | Total | Total | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| 6 | 6 | |||||||
| Staffing costs | 45,931 | 3,414 | 49,345 | 42,912 | ||||
| Fundraising | costs | 2,460 | 2,460 | 14,102 | ||||
| Total cost | ofgenerating | funds | 45,931 | 5,874 | 51,805 | 57,014 |
| Costs ofcharitable activ |
ities in further |
ance | ofthe charity's | objects | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| 6 | 6 | |||||
| Staffing costs | 60,190 | 132,061 | 192,251 | 244,357 | ||
| Residential facilities |
9,140 | 9,140 | 4,196 | |||
| Travel and subsistence | 3,878 | 3,878 | 4,273 | |||
| Activity days end Youth Panel | 7,970 | 7,970 | 5,505 | |||
| Telephone | 10,996 | 10,996 | 10,245 | |||
| Training | 5,505 | 5,505 | 1,500 | |||
| Printing, postage and stationery |
1,350 | 1,350 | 1,672 | |||
| 1:1work | 530 | 530 | 782 | |||
| Insurance | 1,455 | 1,455 | 1,402 | |||
| Smile House consumables | 687 | 687 | 1,199 | |||
| Total costs ofactivities | in furtherance | of | ||||
| the charity's objects | 93,731 | 140,031 | 233,762 | 275,131 |
| Supportcosts | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total | Total | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| 6 | E | ||||||
| Depreciation | 15,112 | 15,112 | 16,066 | ||||
| Staffing costs | 45,097 | 45,097 | 61,547 | ||||
| Cleaning, service charges and |
electricity | 15,866 | 15,866 | 11,221 | |||
| Payroll and financial | assistance | services | 10,542 | 10,542 | 8,377 | ||
| Travel and subsistence | 204 | 204 | 225 | ||||
| Equipment and consumables |
1,416 | 842 | 2,258 | 2,027 | |||
| SoRware development | & maintenance | 4,272 | 7,200 | 11,472 | 11,375 | ||
| Printing, postage and |
stationery | 577 | 577 | 718 | |||
| Professional fees | 864 | 864 | 830 | ||||
| Miscellaneous | 168 | 168 | 278 | ||||
| Training | 289 | 289 | 35 | ||||
| Accountancy and independent fees |
examination | 1,885 | 1,885 | 1,170 | |||
| Subscriptions | 737 | 737 | 1,145 | ||||
| Telephone | 1,941 | 1,941 | 1,808 | ||||
| Insurance | 624 | 624 | 601 | ||||
| Advertising | 780 | 780 | 360 | ||||
| Bank charges | 259 | 259 | 372 | ||||
| Total support costs | 100,633 | 8,042 | 108,675 | 118,155 | |||
| Staff costs and Trustee remuneration | Total | Total | |||||
| 2021 | 2020 | ||||||
| 6 | |||||||
| Gross salaries | 263,330 | 317,560 | |||||
| Employer's National |
Insurance | (net) | 16,083 | 21,826 | |||
| Defined contribution | pension costs | 7,280 | 9,430 | ||||
| Total staff costs | 286,693 | 348,816 |
| Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|
| Smiles | Fixtures | Office | Computer | |||
| House | &Fittingsf | Equipment | Costumes 6 |
Equipment E |
Totalf | |
| Cost | ||||||
| At 1 January 2021 | 625,142 | 127,718 | 10,001 | 1,340 | 40,495 | 804,696 |
| Additions | 1,050 | 1,050 | ||||
| Disposals | ||||||
| At 31 December 2021 | 625142 | 127,718 | 10001 | 1,340 | 41 545 | 805746 |
| Depreciation | ||||||
| At 1 January 2021 | 78,737 | 127,416 | 7,469 | 1,340 | 38,404 | 253,366 |
| Charge for the period | 12,503 | 145 | 376 | 2,088 | 15,112 | |
| Eliminated on disposal |
||||||
| At 31 December 2021 | 91,240 | 127561 | 7,845 | 1 340 | 40492 | 268478 |
| Net Book Value | ||||||
| At 31 December 2020 | 546405 | 302 | 2 532 | 2 091 | 551 330 | |
| At 31 December 2021 | 533,902 | 157 | 2 156 | 1 053 | 537268 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| E | F | |||||
| Trade | Creditors | 2,611 | 1,088 | |||
| Other | Creditors | 3,769 | 2,744 | |||
| Social | Security | and | other | taxes | 4,890 | 5,064 |
| Total | Creditors | 11,270 | 8,896 |
| Analysis offunds | At 1 | Transfer | At 31 | |||
|---|---|---|---|---|---|---|
| January | Incoming | Resources | between | December | ||
| 2021 6 |
resourcesf | expended F |
funds 6 |
2021 F |
||
| Unrestricted funds |
||||||
| Unrestricted fund |
918,135 | 272,784 | (240,295) | 950,624 | ||
| Total unrestricted | funds | 918,135 | 272,784 | (240,295) | 950,624 | |
| Restricted funds | ||||||
| Restricted funds | 90,977 | 113,916 | (153,947) | 50,946 | ||
| Total restricted funds | 90,977 | 113,916 | (153,947) | 50,946 | ||
| Total funds | 1,009,112 | 386,700 | (394,242) | 1,001,570 |
| The purpose ofeac | h restricted | fund carried forward | at the point-end | is given below | |
|---|---|---|---|---|---|
| At 31 | |||||
| Donor | Purpose | December | |||
| Wroxham &Hoveton |
Lions | Cancer Cloud Kits | 79 | ||
| Aviva Charitable Trust |
Smiles &Tears Bereavement Resource |
14,451 | |||
| Shelroy Trust | Youth Panel running | costs | 357 | ||
| Norfolk Community | NCF | Youth Panel running | costs | 5,000 | |
| Yorkshire Building Society |
Support Packs | 1,000 | |||
| Central England Co-op Norfolk Community NCF |
Books and resources Smiles &Tears gift boxes |
1,796 500 |
|||
| (Goodman Trust) |
|||||
| Postcode Places | Child Bereavement | Support Worker | Salary | 1,871 | |
| Aviva/Crowdfunder | Bringing back better | campaign | 2,110 | ||
| Norfolk Community | NCF | The Shelroy Trust / | Early Support | 5,000 | |
| Norfolk Community | NCF | The Shelroy Trust- | Youth Panel | 5,000 | |
| Norfolk Community | NCF (Victory | Child Bereavement | Support Worker | Salary | 2,000 |
| Homes) BBCChildren in Need |
Child Bereavement | Support Manager | Salary | 11,782 | |
| 50,946 |
| Analysis | of net assets between funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Total | ||
| funds | funds | funds | funds | ||
| 5 | 6 | 6 | |||
| Tangible | fixed assets | 537,268 | 537,268 | ||
| Current | assets | 424,635 | 50,946 | 475,581 | |
| Current | liabilities | (11,279) | (11,279) | ||
| 950,624 | 50,946 | 1,001,570 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Expiring: Between |
one | and | five | years | 4,842 | 11,081 |
| 4,842 | 11,081 |