2022-07-31-accounts - Love Your Community

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		Page
Report of the Trustees		1
Independent Examiner's Report		2
Statement o f Financial Activities		3
Balance Sheet		4
Notes to the Financial Statements	5	to	10
Detailed Statement o f Financial Activities	11	to	12

	Balance Sheet	Balance Sheet
		31 July 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	8	202		202	269
CURRENT ASSETS
Debtors	9	803		803
Cash at bank and in hand		50,728	2,417	53,145	56,240
		51,531	2,417	53,948	56,240
CREDITORS
Amounts falling due within one year	10	(2,662)		(2,662)	(2,972)
NET CURRENT ASSETS		48,869	2,417	51,286	53,268
TOTAL ASSETS LESS CURRENT
LIABILITIES		49,071	2,417	51,488	53,537
NET ASSETS		49,071	2,417	51,488	53,537
FUNDS	11
Unrestricted funds				49,071	53,420
Restricted funds				2,417	117
TOTAL FUNDS				51,488	53,537

		2022	2021
	Brought forward	114,115	230,984
		114,115	230,984
3.	INVESTMENT INCOME	2022	2021
	Deposit account interest	10
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure) is stated after charging/(crediting):
		2022	2021
	Depreciation −owned assets	67	90
	Other operating leases	24,000	24,000

	Trustees & Employees		022 12	2021 12
	No employees received emoluments in excess of £60,000.
7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES Unrestricted Restricted		Total
		fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Other trading activities	127,358	103,626	230,984
	Investment income	2		2
	Other income	755		755
	Total	128,115	103,626	231,741
	EXPENDITURE ON Raising funds	105,188	103,509	208,697

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES	−continued
		Unrestricted	Restricted	Total
		fund	fund	funds
	Other	8,209		8,209
	Total	113,397	103,509	216,906
	NET INCOME	14,718	117	14,835
	RECONCILIATION OF FUNDS
	Total funds brought forward	38,702		38,702
	TOTAL FUNDS CARRIED FORWARD	53,420	117	53,537
8.	TANGIBLE FIXED ASSETS
				Computer
				equipment
	COST
	At 1 August 2021 and 31 July 2022			479
	DEPRECIATION
	At 1 August 2021			210
	Charge for year			67
	At 31 July 2022			277
	NET BOOK VALUE
	At 31 July 2022			202
	At 31 July 2021			269
9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2022	2021
	Trade debtors		803

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE	YEAR
			2022	2021
			£	£
	Social security and other taxes		541	289
	Pensions liability		(219)	375
	Accrued expenses		2,340	2,308
			2,662	2,972
11.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.8.21	in funds	31.7.22
		£	£	£
	Unrestricted funds
	General fund	53,420	(4,349)	49,071
	Restricted funds
	Restricted fund
		117	2,300	2,417
	TOTAL FUNDS	53,537	(2,049)	51,488
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		£	£	£
	Unrestricted funds
	General fund	113,209	(117,558)	(4,349)
	Restricted funds
	Restricted fund
			−
		5,250	(2,950)	2,300
	TOTAL FUNDS	118,459	(120,508)	(2,049)

		Net
		movement	At
	At 1.8.20	in ftmds	31.7.21
Unrestricted funds
General fund	38,702	14,718	53,420
Restricted funds
Restricted fund
		117	117
TOTAL FUNDS	38,702	14,835	53,537
Comparative net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fluid	128,115	(113,397)	14,718
Restricted funds
Restricted fund
	103,626	(103,509)	117
TOTAL FUNDS	231,741	(216,906)	14,835
A current year 12 months and prior year 12 months combined−poSition.is_as_f011ows.
−
−−
	−	—−Net	−−
		movement	At
	At 1.8.20	in funds	31.7.22
Unrestricted funds
General fund	38,702	10,369	49,071
Restricted funds
Restricted fund
		2,417	2,417
TOTAL FUNDS	38,702	12,786	51,488

Detailed Stateme for the Year	nt of Financial Activities Ended 31 July 2022
	2022		2021
INCOME AND ENDOWMENTS
Other trading activities
Love Your Neighbour
Little Acorns	5,250		103,626
Fees	197		84
Uniform, trips fee etc.	106,071		125,428
Utilities from RCC	475		1,105
Job Retention Grant	2,070
Early Years Pupil Premium			421
DVD Income			100
	52		220
	114,115		230,984
Investment income
Deposit account interest
	10		2
Other income
SMP recovered
	4,334		755
Total incoming resources
	118,459		231,741
EXPENDITURE
Raising donations and legacies
Other operating leases
Love Your Neighbour	24,000		24,000
Uniform, trip fee etc.	2,950		103,509
Early Years Pupil Premium −Expenses	4,959 860	−	5,472
	32,769		132,981
Other trading activities
Wages and salaries
Pensions	−−−−−−−−−−−−−−=−=−72z;997' 1,795		−−7_052:itt 1,664	i t ______
	74792,	−75,716
Support costs
Management
Insurance
Light and heat	766
Telephone and fax	2,274		2,341
Postage and stationery	577		350
Advertising and Promotion	1,502		628
Sundry Expenses	572		606
Legal and professional	13
Repairs and renewals	40
Donations	767		2,028
	4,000
	10,511		5,953

		Detailed Statement o f Financial Activities
		for the Year Ended 31 July 2022
			2022	2021
Management
Finance
Bank charges Interest on PAYE late payment			123 19	122 1
			142	123
Information technology
Software licences
			537	536
Other
−−−−Staff training and welfare	−		850	639
Governance costs
Accountancy fees Computer equipment			840 67	868 90
			907	958
Total resources expended			120,508	216,906
Net (expenditure)/ income			(2,049)	14,835