## Dorcas Dress Project End of Year financial report: 1st April 2021 to 31st March 2022 We started the year with a balance of £6808 of which the following reserves applied: - £5000 from the NLF grant for payment of workshop organisation and development of services. Our CEO spent much of her time at the start of the year developing our online learning platform, initially on a free platform. Feedback from trainers and trainees showed the platform was difficult to navigate, find resources and use, especially with people who are less confident with computers. The decision was made to upgrade our resources and our website so we could utilise Moodle, a globally recognised learning platform and improve our selling capacity by introducing a WooCommerce webshop front. All this development has been done in-house so we have the ongoing capacity and skills to update and improve the site as required. User feedback shows the Moodle is much easier to use and liked by our trainers and trainees. Our sewing hub in Oswestry has been running smoothly, serving 5 regular clients with training and pastoral care. The sewing hub in Nigeria now has 8 dressmakers involved in sewing. Our sewing hub in Uganda is waiting for our shipment of sewing machines and equipment to arrive and we are in conversation with a link in a Tanzanian refugee camp about setting up a hub there. Sadly the hub in Berkshire was not sustainable as there were insufficient volunteers to provide the suitable support necessary for trainees to receive the training and care they needed. It was decided to pause building this hub. Our Oxfordshire hub, connected with Guideposts, is making slow progress. We continue to build connections and grow a working relationship with other local partner organisations so the provision we offer can be sustainable. Over this last year we have built many networks in Leicester, we are now well connected with charities like Fab-L, Labour Behind the Label, WEA and Hope for Justice, trade unions, city councils, a wide variety of church groups from across different denominations, Fashion Forward, FCFTA, DeMontfort University and John Lewis and Partners at the Highcross centre, as well as a variety of fashion brands that manufacture in the city including the Boohoo Group and Very. We have also established strong connections with at least one factory who worked with us to get our dress manufactured as part of a crowdfunding campaign. The Leicester project has been a steep learning curve. Our crowdfunding campaign raised £11179, of which £7560 was spent on a shipment of dresses. The factory that we worked with to help us produce the dresses are able to provide English lessons to their workers through the WEA. We have also made arrangements to provide conversation English lessons for garment workers on a Tuesday evening. Our closing balance is £4145. We are awaiting our order of dresses from the factory so we can honour our crowdfunding dress orders and determine stock levels for our online shop. The Dorcas Dress Project **Cash Flow Statement Report** 22 Sep 2022 14:06 From: 31/03/2021 To: 31/03/2022 Bank Account(s): Bank Account (1200), past processing method (1210), Paypal (1220) |**Opening Balance**
**£0.00**|**Cash Flow In**
**£22,435.46**|**Cash Flow Out**
**£18,290.41**|**Closing Balance**
**£4,145.05**|**Liability to offset**
**-£987.60**|**Net Balance**
**£5,132.65**| |---|---|---|---|---|---| ||Bank Opening Balances
**£6,808.10**
Customer Receipts
**£145.91**
Bank Transfers
**£36.51**
Other Receipts
**£15,444.94**|Supplier Payments
**£3,109.40**
Staff Payments
**£2,487.60**
Revenue Payments
**£800.00**
Bank Transfers
**£36.51**
Other Payments
**£11,856.90**|Cash Flow for period
**£4,145.05**|Payroll Taxes
**-£987.60**|| Produced by Sage Business Cloud Accounting Page 1 of 1 The Dorcas Dress Project **Nominal Activity Report** From: 01/04/2021 To: 31/03/2022 29 Jul 2022 10:46 ## Category: All, Ledger Account: All |**Nominal**|**Code**|**Ledger Name**|**Category**|**Opening Balance**|**Total Debits this**
**period**|**Total Credits this**
**period**|**Closing Balance**| |---|---|---|---|---|---|---|---| |1000||Stock - Raw Materials|Direct Expenses|0.00 Cr|63.56||63.56 Dr| |1020||Stock - Finished Goods|Current Assets|0.00 Cr|8,084.08||8,084.08 Dr| |1100||Trade Debtors|Current Assets|0.00 Cr|145.91|145.91|0.00 Cr| |1200||Bank Account|Bank|6,808.09 Dr|15,481.45|18,144.50|4,145.04 Dr| |1210||past processing method|Bank|0.00 Cr|145.91|145.91|0.00 Cr| |1220||Paypal|Bank|0.01 Dr|||0.01 Dr| |2100||Trade Creditors|Current Liability|0.00 Cr|3,109.40|3,109.40|0.00 Cr| |2210||PAYE to pay to HMRC|Current Liability|0.00 Cr|1,243.20|255.60|987.60 Dr| |2250||Net Wages|Current Liability|0.00 Cr|2,487.60|2,487.60|0.00 Cr| |4000||Sales - (total received)|Sales|0.00 Cr||3,903.17|3,903.17 Cr| |4100||Gift Aid|Other Income|0.00 Cr||412.56|412.56 Cr| |4101||Unreserved donations (business)|Other Income|0.00 Cr||7,495.38|7,495.38 Cr| |4102||Unreserved donations (personal)|Other Income|0.00 Cr|3,627.00|6,716.74|3,089.74 Cr| |4301||Sponsorship - Nigeria|Other Income|0.00 Cr||690.00|690.00 Cr| |5000||Cost of Sales - Goods|Direct Expenses|0.00 Cr|3,000.00|3,000.00|0.00 Cr| |5500||Hub Resources - Tools & equipment|Direct Expenses|0.00 Cr|233.38||233.38 Dr| |6000||Marketing|Overheads|0.00 Cr|292.78||292.78 Dr| |7000||Employee Wages and Salaries|Overheads|0.00 Cr|7,844.40||7,844.40 Dr| |7050||Other Deductions|Overheads|0.00 Cr|400.00|400.00|0.00 Cr| |7400||Travelling|Overheads|0.00 Cr|149.40||149.40 Dr| |7510||Postage and Carriage|Overheads|0.00 Cr|137.59||137.59 Dr| |7600||Legal Fees|Overheads|0.00 Cr|170.00||170.00 Dr| Produced by Sage Business Cloud Accounting Page 1 of 2 The Dorcas Dress Project **Nominal Activity Report** From: 01/04/2021 To: 31/03/2022 29 Jul 2022 10:46 |7630|Business Insurance|Overheads|0.00 Cr|100.80|100.80 Dr| |---|---|---|---|---|---| |8200|General Expenses|Overheads|0.00 Cr|190.31|190.31 Dr| |9998|Opening Balances|Overheads|6,808.10 Cr||6,808.10 Cr| Produced by Sage Business Cloud Accounting Page 2 of 2 The Dorcas Dress Project **Trial Balance Report** From: 31/03/2021 To: 31/03/2022 29 Jul 2022 10:47 ## This period only |**Nominal Code**|**Name**||**As Of 31/03/2022**|**As Of 31/03/2022**| |---|---|---|---|---| ||||Debit|Credit| |1000|Stock - Raw Materials||63.56|| |1020|Stock - Finished Goods||8,084.08|| |1200|Bank Account||4,145.04|| |1220|Paypal||0.01|| |2210|PAYE to pay to HMRC||987.60|| |4000|Sales - (total received)|||3,903.17| |4100|Gift Aid|||412.56| |4101|Unreserved donations (business)|||7,495.38| |4102|Unreserved donations (personal)|||3,089.74| |4301|Sponsorship - Nigeria|||690.00| |5500|Hub Resources - Tools & equipment||233.38|| |6000|Marketing||292.78|| |7000|Employee Wages and Salaries||7,844.40|| |7400|Travelling||149.40|| |7510|Postage and Carriage||137.59|| |7600|Legal Fees||170.00|| |7630|Business Insurance||100.80|| |8200|General Expenses||190.31|| |9998|Opening Balances|||6,808.10| |||**TOTAL**|**£22,398.95**|**£22,398.95**| Produced by Sage Business Cloud Accounting Page 1 of 1