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2022-03-31-accounts

fo r the Year En ded 31st March 2 022
2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes 5 6 6 5
INCOME AND ENDOWMENTS FROM
Donations
and legacies
1,183 1,183 17,143
Other trading
activities
380 380 2,404
Other income 65 65
Total 1,628 1,628 19,547
EXPENDITURE ON
Charitable
activities
Charitable
Activities
991 7,858 8,849 7,965
NET INCOME/(EXPENDITURE) 637 (7,858) (7,221) 11,582
RECONCILIATION OF FUNDS
Total funds brought forward (1,213) 20,309 19,096 7,514
TOTAL FUNDS CARRIED FORWARD (576) 12,451 11,875 19,096

2022 2021
Unrestricted Restricted Total Total
Notes fund
6
fundf funds
6
funds
6
FIXEDASSETS
Tangible assets 1,929 1,929 598
Social investments 3,887 3,887
3,887 1,929 5,816 598
CURRENT ASSETS
Cash at bank and in hand 10,522 10,686 19,711
CREDITORS
Amounts
falling due within one year
(4,627) (4,627) (1,213)
NET CURRENT ASSETS/(LIABILITIES) (4,463) 10,522 6,059 18,498
TOTAL ASSETSLESSCURRENT LIABILlllES (576) 12,451 11,875 19,096
NET ASSETS (576) 12,451 11,875 19,096
FUNDS 10
Unrestricted
funds
(576) (1,213)
Restricted
funds
12,451 20,309
TOTAL FUNDS 11,875 19,096

Unrestricted Restricted Total
fundf fundf fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies
1,003 16,140 17,143
Other trading
activities
2,404 2,404
Total 3,407 16,140 19,547
EXPENDITURE ON
Charitable
acfivltles
Charitable
Activities
3,060 4,905 7,965
NET INCOME 347 11,235 11,582
RECONCILIATION OF FUNDS
Total funds brought forward (1,560) 9,074 7,514
TOTAL FUNDS CARRIED FORWARD (1,213) 20,309 19,096

. TANGIBLE FIXEDASSET S
Computer
equipment
6
COST
At 1st April 2021 700
Additions 1,974
At 31st March 2022 2,674
DEPRECIATION
At 1st April 2021 102
Charge for year 643
At 31st March 2022 745
NET BOOK VALUE
At 31st March 2022 1,929
At 31st March 2021 598
8. SOCIAL INVESTMENTS
Loans
6
MARKET VALUE
New in year 5,000
Repayments
in year
(1,178)
Other movements 65
At 31st March 2022 3,887
NET BOOK VALUE
At 31st March 2022 3,887
At 31st March 2021
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f 6
Banl«overdrafts 4,628 1,213
10. MOVEMENT
IN FUNDS
Net
movement At
At 1.4.21 in funds 31.3.22
6 E
Unrestricted
funds
General
fund
(1,213) 637 (576)
Restricted funds
Restricted
Fund
20,309 (7,858 ) 12,451
TOTAL FUNDS 19,096 (7,221) 11,875

Net movem ent
in funds, i
ndu ded
in the above
are a s follows:
Incoming Resources Movement
resources
f
expended
E
in funds
f
Unrestricted funds
General fund 1,628 (991) 637
Restricted funds
Restricted Fund (7,858) (7,858 )
TOTAL FUNDS 1,628 (8,849) (7,221)
Comparatives
for movement
in funds
Net
movement At
At 1.4.20
f
in funds
f
31.3.21
E
Unrestricted funds
General fund (1,560) (1,213)
Restricted funds
Restricted Fund 9,074 11,235 20,309
TOTAL FUNDS 7,514 11,582 19,096
Comparative
net movement
in funds, induded in the above are as follows:
Incoming Resources Movement
resources
f
expended
E
in funds
f
Unrestrkted funds
General
fund
3,407 (3,060)
Reshtcted funds
Restricted Fund 16,140 (4,905) 11,235
TOTAL FUNDS 19,547 (7,965) 11,582
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.4.20 in funds 31.3.22
E. E E
Unrestricted funds
General fund (1,560) (576)
Restricted funds
Restricted Fund 9,074 3,377 12,451
TOTAL FUNDS 7,514 4,361 11,875

as follows:



,

Incoming Resources Movement
resources expended in funds
6
Unrestricted funds
General
fund
5,035 (4,051)
Restricted funds
Restricted Fund 16,140 (12,763) 3,377
TOTAL FUNDS 21,175 (16,814) 4,361

Local Connect Local Connect Fund Fund Fund Fund
In the previous year 62,200 was received
towards
the purchase of iPads. E1,974 was spent in the year on
iPads
which
is being
released from the restricted fund through depreciation. Part of the balance has been utilised
on
iPad cases and Apple subscriptions, with 683 remaining to be spent in a subsequent period.
Transfers
As at Incoming Resources Between As at
01.04.2021 Resources Expended
E
Funds
6
31.03.2022
f
Unrestricted Funds
General
Fund
(1,213) 1,628 (991) (576)
Restricted Funds
Lotto Grant 2020 8,195 (6,856) 1,339
Lotto Grant 2021 9,200 9,200
Laptops 498 (150) 348
Launceston Town Council 216 (216)
Local Connect Fund 2,200 (636) 1,564
20,309 (7,858) 12,451
Total Funds 19,096 1,628 (8,849) 11,875

being repa id
in equal instalments
over 36 months.
2022
f
2021
f
Due within one year 1,705
Due over one year 2,182
3,887

fo r the Year Ended 31st March 2022
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
6 5 6
INCOME AND ENDOWMENTS
Donations
and
legades
Donations 384 384 1,003
Grants 200 200 16,140
Activities 599 599
1,183 1,183 17,143
Other trading activities
Fundraising 380 380 2,404
Other income
Interest receivable 65 65
Total incoming resources 1,628 1,628 19,547
EXPENDITURE
Charitable
activities
Telephone 957 957 101
Sundries 48 48 39
Advertising 18 18 124
Repairs 336 336 429
Postage &stationery 208 208 140
Training 800
Resources 2,388 2,388 15
Rent 3,260 3,260 3,615
Depreciation 643 643 102
7,858 7,858 5,365
Support costs
Governance costs
Accountancy 660 660 480
Professional fees 331 331 2,120
991 991 2,600
Total resources expended 7,858 8,849 7,965
Net income 637 (7,858) (7,221 ) 11,582