| Page | |
|---|---|
| Trustees' report | 1-3 |
| Statement of trustees' responsibilities | 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Statement of financial position | 7 |
| Statementof cash flows | 8 |
| Notes to the financial statements | 9-18 |
| Unrestricted | Restricted | **Total ** | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| Income and endowments from: | |||||||
| Donations and legacies | 3 | 195,528 | 195,528 | 208,887 | - | 208,887 | |
| Charitable activities | 4 | 85,410 | - | 85,410 | - | - | - |
| Other trading activities | 5 | 2,491 | - | 2,491 | - | - | - |
| Other income | 6 | - | - | - | 20 | - | 20 |
| Total income | 283,429 | - | 283,429 | 208,907 | - | 208,907 | |
| Expenditure on: | |||||||
| Raising funds | 7 | 14,079 | - | 14,079 | 8,622 | - | 8,622 |
| Charitable activities | 8 | 273,069 | - | 273,069 | 136,095 | - | 136,095 |
| Total expenditure | 287,148 | - | 287,148 | 144,717 | - | 144,717 | |
| Net (expenditure)/income for | |||||||
| the year/ | |||||||
| Net movement in funds | (3,719) | - | (3,719) | 64,190 | - | 64,190 | |
| Fund balances at 1 July 2021 | 31,642 | 750 | 32,392 | (32,548) | 750 | (31,798) | |
| Fund balances at 30 June | |||||||
| 2022 | 27,923 | 750 | 28,673 | 31,642 | 750 | 32,392 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 12 | 573 | 264 | ||
| Current assets | |||||
| Debtors | 13 | 1,810 | 1,830 | ||
| Cash at bank and in hand | 45,168 | 46,452 | |||
| 46,978 | 48,282 | ||||
| Creditors: amounts falling due within | |||||
| one year | 15 | (11,711) | (7,154) | ||
| Net current assets | 35,267 | 41,128 | |||
| Total assets less current liabilities | 35,840 | 41,392 | |||
| Creditors: amounts falling due after | |||||
| more than one year | 16 | (7,167) | (9,000) | ||
| Net assets | 28,673 | 32,392 | |||
| Income funds | |||||
| Restricted funds | 18 | 750 | 750 | ||
| Unrestricted funds | 27,923 | 31,642 | |||
| 28,673 | 32,392 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Cash flows from operating activities | ||||||
| Cash generated from operations | 22 | 173 | 36,169 | |||
| Investing activities | ||||||
| Purchase of tangible fixed assets | (624) | - | ||||
| Net cash used in investing activities | (624) | - | ||||
| Financing activities | ||||||
| Repayment of bank loans | (833) | 10,000 | ||||
| Net cash (used in)/generated from | ||||||
| financing activities | (833) | 10,000 | ||||
| Net (decrease)/increase in cash and cash | ||||||
| equivalents | (1,284) | 46,169 | ||||
| Cash and cash equivalents at beginning of year | 46,452 | 283 | ||||
| Cash and cash equivalents at end of year | 45,168 | 46,452 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| £ | £ | |
| Donations and gifts | 31,276 | 31,380 |
| Grants received | 164,252 | 177,507 |
| 195,528 | 208,887 | |
| Grants receivable for core activities | ||
| NHS Ipswich and East Suffolk COG | 5,000 | - |
| Suffolk County Council | 67,875 | 72,475 |
| Babergh and Mid Suffolk | 2,840 | 500 |
| IBC | 2,000 | - |
| Kent County Council | 2,000 | 15,000 |
| East Suffolk Council | 15,750 | 12,600 |
| Government Incentive Scheme | 1,000 | - |
| Jamma International | 15,808 | - |
| West Suffolk Council | - | 5,000 |
| CJRS | 2,615 | 16,492 |
| Other | 49,364 | 55,440 |
| 164,252 | 177,507 | |
| Charitable activities | ||
| Charitable | 2021 | |
| income | ||
| 2022 | ||
| £ | £ | |
| Mental health awareness training | 85,410 | - |
| **5 ** | Other trading activities | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Fundraising events | 2,491 | - | |
| Other income | |||
| Total | Unrestricted | ||
| funds | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Other income | 20 | ||
| Raising funds | |||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Advertising | 5,555 | 228 | |
| Other fundraising costs | 8,524 | 8,394 | |
| Fundraising and publicity | 14,079 | 8,622 | |
| 14,079 | 8,622 |
| **Charitable ** | Charitable | |
|---|---|---|
| **Expenditure ** | Expenditure | |
| 2022 2021 | ||
| £ | £ | |
| Staff costs | 143,014 | 52,823 |
| Direct charitable costs | 49,571 | 20,269 |
| Travel | 1,776 | 3,627 |
| Loan interest | 99 | 125 |
| Entertaining | 6,026 | - |
| 200,486 | 76,844 | |
| Share of support costs (see note 9) | 61,652 | 51,200 |
| Share of governance costs (see note 9) | 10,931 | 8,051 |
| 273,069 | 136,095 |
| Support costs | ||||||
|---|---|---|---|---|---|---|
| **Support ** | Governance | 2022 | Support costs | Governance | 2021 | |
| costs | costs | costs | ||||
| £ | £ | £ | £ | £ | £ | |
| Depreciation | 315 | - | 315 | 159 | - | 159 |
| Operating lease charges | 1,151 | - | 1,151 | - | - | - |
| Direct charitable costs | - | 5,141 | 5,141 | - | 716 | 716 |
| Rent and rates | 30,000 | - | 30,000 | 30,000 | - | 30,000 |
| Insurance | 5,924 | - | 5,924 | 1,126 | - | 1,126 |
| Repairs and renewals | 1,670 | - | 1,670 | 553 | - | 553 |
| Telephone | 2,655 | - | 2,655 | 1,466 | - | 1,466 |
| PPS and computer | 14,916 | - | 14,916 | 15,976 | - | 15,976 |
| Motor | - | - | - | 351 | - | 351 |
| Sundry expenses | 5,021 | - | 5,021 | 1,569 | - | 1,569 |
| Independent examination | 1,396 | 1,396 | - | 1,392 | 1,392 | |
| Accountancy | - | 4,394 | 4,394 | - | 5,943 | 5,943 |
| 61,652 | 10,931 | 72,583 | 51,200 | 8,051 | 59,251 | |
| Analysed between | ||||||
| Charitable activities | 61,652 | 10,931 | 72,583 | 51,200 | 8,051 | 59,251 |
| The average monthly number of employees during th | e year was: | |
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| 8 | 4 | |
| Employment costs | 2022 | 2021 |
| £ | £ | |
| Wages and salaries | 140,581 | 52,030 |
| Other pension costs | 2,433 | 793 |
| 143,014 | 52,823 |
| Fixtures and fittings | |
|---|---|
| £ | |
| Cost | |
| At 1 July 2021 | 635 |
| Additions | 624 |
| At 30 June 2022 | 1,259 |
| Depreciation and impairment | |
| At 1 July 2021 | 371 |
| Depreciation charged in the year | 315 |
| At 30 June 2022 | 686 |
| Carrying amount | |
| At 30 June 2022 | 573 |
| At 30 June 2021 | 264 |
| **13 ** | Debtors | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Amounts falling due within one year: | £ | £ | |||
| Trade debtors | 495 | ||||
| Other debtors | 99 | - | |||
| Prepayments and accrued income | 1,216 | 1,830 | |||
| 1,810 | 1,830 | ||||
| **14 ** | Loans and overdrafts | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Bank loans | 9,167 | 10,000 | |||
| Payable within one year | 2,000 | 1,000 | |||
| Payable after one year | 7,167 | 9,000 | |||
| **15 ** | Creditors: amounts falling due within one year | ||||
| 2022 | 2021 | ||||
| Notes | £ | £ | |||
| Bank loans | 14 | 2,000 | 1,000 | ||
| Other taxation and social security | 2,398 | 1,771 | |||
| Trade creditors | 4,233 | 1,455 | |||
| Accruals and deferred income | 3,080 | 2,928 | |||
| 11,711 | 7,154 | ||||
| * | |||||
| **16 ** | Creditors: amounts falling due after more than one year | ||||
| 2022 | 2021 | ||||
| Notes | £ | £ | |||
| Bank loans | 14 | 7,167 | 9,000 |
| Movement | Movement | ||||
|---|---|---|---|---|---|
| in funds | in funds | ||||
| Balance at | Incoming | Balance at | Incoming | Balance at | |
| 1 July 2020 | resources | 1 July 2021 | resources | 30 June | |
| £ | £ | £ | £ | 2022 | |
| Waterfront Mile Project | 750 | - | 750 | - | 750 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Fund balances at 30 | ||||||
| June 2022 are | ||||||
| represented by: | ||||||
| Tangible assets | 573 | - | 573 | 264 | - | 264 |
| Current assets/(liabilities) | 34,517 | 750 | 35,267 | 40,378 | 750 | 41,128 |
| Long term liabilities | (7,167) | - | (7,167) | (9,000) | - | (9,000) |
| 27,923 | 750 | 28,673 | 31,642 | 750 | 32,392 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Within one year | 822 |
| 22 | Cash generated from operations | 2022 | 2021 |
|---|---|---|---|
| £ | £ | ||
| (Deficit)/surpus for the year | (3,719) | 64,190 | |
| Adjustments for: | |||
| Depreciation and impairment of tangible fixed assets | 315 | 159 | |
| Movements in working capital: | |||
| Decrease/(increase) in debtors | 20 | (1,830) | |
| Increase/(decrease) in creditors | 3,557 | (26,350) | |
| Cash generated from operations | 173 | 36,169 |
| Analysis of changes in net funds | |||
|---|---|---|---|
| At 1 July 2021 | Cashflows | At 30 June 2022 | |
| £ | £ | £ | |
| Cash at bank and in hand | 46,452 | (1,284) | 45,168 |
| Loans falling due within one year | (1,000) | (1,000) | (2,000) |
| Loans falling due after more than one year | (9,000) | 1,833 | (7,167) |
| 36,452 | (451) | 36,001 |