2022-04-30-accounts

CHARITY REGISTRATION NUMBER: 1181781

The Henhayes Centre

Unaudited Financial Statements

30 April 2022

The Henhayes Centre

Financial Statements

Period from 1 April 2021 to 30 April 2022

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	5
Statement of financial activities (including income and
expenditure account)	6
Statement of financial position	7
Notes to the financial statements	8

The Henhayes Centre

Trustees' Annual Report

Period from 1 April 2021 to 30 April 2022

The trustees present their report and the unaudited financial statements of the charity for the period ended 30 April 2022. The accounts cover a 13 month period to bring them in line with the year end registered with The Charity Commission. The figures for the two years are therefore not entirely comparable.

Reference and administrative details

Registered charity name	The Henhayes Centre
Charity registration number	1181781
Principal office and registered	The Henhayes Centre
office	South Street Car Park
	Crewkerne
	Somerset
	TA18 8DA
The trustees
	RJ Prince
	LEM Staples
	BAS McNeil
	R Scrivens
	EM Mills
	RE Spencer
	ND Udall

Structure, governance and management

The Henhayes Centre was registered as a charitable incorporated organisation and is governed by its document dated 22 April 2021. It was previously registered as a charity with the registered charity number of 269179. The assets and surplus were transferred in to the CIO at 22 April 2021.

Reference and administrative details including the principle office address and details of trustees who served the charity during the period and up to the date of signing are shown above.

Trustees are appointed in accordance with the Governing document. Formal trustee training is provided on an ad hoc basis as required. All strategic decisions are taken by the trustees, but day-today operating decisions relating to ‘The Henhayes Centre’ are delegated to staff.

The Trustees continue to review the major risks to which the charity is exposed, covering all identified, relevant areas including financial risk and risks associated with personnel. Risks have been identified, assessed and safeguards have been put in place to eliminate or mitigate such risks as far as is reasonably possible.

Objectives and activities

The main charitable objectives of the CIO are to provide a building and facilities to elderly and disabled people. This includes the provision of advocacy, advice and information. The building is also available to the wider community for hire.

The CIO provides a range of regular activities for both members and non-members. In carrying out these objectives the Trustees have paid due regard to guidance on public benefit issued by the Charity Commission.

Volunteers

The charity uses volunteers where necessary to minimise costs.

1

The Henhayes Centre

Trustees' Annual Report

Period from 1 April 2021 to 30 April 2022

Achievements and performance

This was a year of two halves. We started in April with the centre being used as a covid vaccination centre. The NHS vacated the premises at the end of June and we decided to reopen the centre to members and hires from September which gave us 2 months to get the centre thoroughly cleaned and advertising literature prepared and distributed throughout the town.

Everything went according to plan, the post office distributed approximately 5000 booklets with the details of all our events and classes to all homes in the area. Most of our members were ready to come back though there are still a few who were hesitant and self-isolating.

The staff were furloughed up to the preparations for re-opening in September, with the charity making up the difference. They all worked hard to get the centre up and running for which the trustees are very grateful. Most of our regular volunteers have now returned and we have managed to recruit new ones to fill any gaps.

In December we held an evening Christmas party, which although not well supported, we had enough people there to make a small profit and everyone present enjoyed themselves which was the main object of the event. We had planned a Christmas concert with Phoenix Brass Band for the following week but unfortunately they pulled out the week before. We did however provide Christmas lunches over 4 days to make sure that all our regular users and many others had a Christmas lunch. We concluded our Christmas events with a big breakfast with tabletop sale and Santa’s grotto for the children on the Saturday before Christmas. This was well attended by both adults and children and proved a great success. However, after Christmas all events were poorly attended and we have struggled to hold fundraising events. Our manager has, however, managed to secure some grants which have kept us going and we are very grateful to the Rotary Club of Crewkerne for their continued support.

The centre is now 12 years old and some of the equipment and fittings are beginning to fail resulting in some expensive replacements. I would like to thank my fellow trustees for stepping in to sort out these problems as they arose during the year.

Financial review

The financial year started with the country in lockdown and the Centre closed once again having partially reopened for a short period in the latter part of 2020. The Centre was in use as a COVID-19 Vaccination Clinic and was registered with the Governments Furlough Scheme and so this meant that no funds were being lost and put us in a good position for when we were able to reopen. Originally the NHS had asked to hire the Centre until January 2022, however with the added pressure the vaccination clinic put on Crewkerne Health Centre the team there decided not to continue past June. This then meant we were able to reopen the Centre in September 2021, having taken a bit of time to carry out repair work and deep cleaning, but more importantly allowing us to advertise our reopening. The decision was made to invest in this advertising, something we had not done before, as this enabled us to ride high on the fact thousands of people had visited the Centre during the vaccination clinic and would recall coming to us and our location. The advertising campaign involved a brochure drop to 5820 homes in the local area and a radio sponsorship ad on Greatest Hits Radio. Changes were made to a number of loss-making Core Activities to help make them either less loss making or entirely non-loss making. These included the Monday Memory Group, our Tuesday Welcome Group, and the kitchen. The Memory Group moved to a different room which allowed us to hire out the Willow during this time slot bringing us much needed income. The Welcome Group became our Tuesday Events session which is based around live entertainment, socialising and lunch, and the decision was made to close the kitchen on a Thursday as this was the quietest day, often seeing only one lunch being sold and this was at a discounted price for the afternoon’s volunteer. We also started our Friday Meet, Greet and Eat Session, which is made up of a games / craft session and a Chef’s Special Roast

2

The Henhayes Centre

Trustees' Annual Report

Period from 1 April 2021 to 30 April 2022

Lunch each week. Health and Well-being sessions have always been great income earners for the Centre, namely due to the wonderful volunteer who runs the PhysioFit class, and so we introduced two new Health & Well-being sessions – Yoga and Pilates. The Pilates is also run by a volunteer to whom we are most grateful. This then meant we had 2 x volunteer led PhysioFit classes a week, 1 x volunteer led Pilates class, 1 x paid instructor lead Keep Fit class and 2 x paid instructor led Yoga classes. By the February of 2022 it was clear that we did not need 2 Yoga sessions due to numbers attending and so this dropped down to 1 class per week. One of our main income streams is hiring out the Centre to groups, organisations and the general public. This is a key aspect of keeping the Charity going and without this financial support the Charity simply would not have been able to run for so many years. Although upon reopening we had a number of new hires and the Centre has seemed extremely busy, unfortunately due to changes within hire groups, the ease of online meetings and the general feeling around returning to group activities, a large number of our regular hires from before the pandemic did not return to us and this has seen a monthly hire deficit of £300.00, which is a significant loss of income for the Centre. Due to the new Tuesday Entertainment session and the fact we hold a number of concerts / musical events throughout the year the decision was made to invest in new staging. The new stage is easily assembled/dismantled and really changes the aesthetic of people performing here at the Centre. The initial period of reopening was fantastic and from September to December the Centre was buzzing. We had an influx of new members as a result of the advertising campaign, however I must state we did lose a large number of past members due to them either not being ready to return or having sadly passed away. We saw a record-breaking Big Breakfast at which we served over 50 breakfasts and took over £500 in food sales and fundraising, we held our first and very successful Christmas Party Night which was also a great fundraiser, and our Tuesday Entertainment session was averaging 25-30 people, one Tuesday we had 36 people in for lunch. We were also very lucky to be awarded a £10,000 grant by the national lottery. We finished 2021 on a high with our profit and loss reports showing a profit of just under £2,000.00.

However, due to the increase in COVID-19 infection rates and how widely this was advertised in the media, the reduction in mandatory restrictions, the very bad weather the country experienced, and the new threat of the Cost-of-Living Crisis this high was short-lived and numbers plummeted from January 2022 onwards. Attendance across the board decreased and loss of income increased. This was the start of a worrying time for the Henhayes Centre. Late winter/early spring saw our building experience several maintenance issues and expenditure to fix these was much more than we anticipated. This only added to our increasing running costs. In February we received notification from Crewkerne Town Council that we were to be awarded a grant of £2,500.00, this is the most we have received from the Town Council and was the highest amount received by any of the organisations receiving grants this year. We are very thankful to Crewkerne Town Council for this grant and for the continued support they give to the Centre. The grant shown for the financial year 2021/22 is for £2,000.00.

Plans for the future

We continue to make changes here at the Centre wherever possible to try to reduce these losses while still trying to provide services that people need and want. Difficult times lay ahead of us but spreading awareness of what we offer, fundraising, and most importantly grant applications are now more vital than ever and will be the focus of the coming year.

Income Reserves

The committee’s policy on income reserves is to maintain sufficient reserves for the charity to continue to meet its ongoing commitments and to provide sufficient funds to develop those services. At 30 April 2022 the total reserves held were £798,063 of which £32,067 are free reserves.

Risk

The trustees have assessed the major risks to which the charity is exposed and systems have been established to minimise those risks.

Investment Policy

Currently the charity is holding surplus funds in a bank account to be used for future activities and

3

The Henhayes Centre

Trustees' Annual Report

Period from 1 April 2021 to 30 April 2022

running of the centre. The Trustees will review the balance held on a regular basis. Charity Accounts

This report and the charity's accounts have been prepared in line with the charity's governing document, Charities Act 2011 and the FRS 102 SORP.

TRUSTEES' RESPONSIBILITIES

A charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees' annual report and the strategic report were approved on 12 May 2023 and signed on behalf of the board of trustees by:

RJ Prince Trustee

4

The Henhayes Centre

Independent Examiner's Report to the Trustees of The Henhayes Centre

Period from 1 April 2021 to 30 April 2022

I report to the trustees on my examination of the financial statements of The Henhayes Centre ('the charity') for the period ended 30 April 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.

Simon Bachrach FCA

CHALMERS & CO (SW) LIMITED Chartered accountants Trading as Chalmers & Co. 6 The Linen Yard South Street Crewkerne Somerset TA18 8AB

Date: 16 May 2023

5

The Henhayes Centre

Statement of Financial Activities (including income and expenditure account)

Period from 1 April 2021 to 30 April 2022

					Year to
	Period from 1 Apr		21 to 30 Apr	22	31 Mar 21
		Unrestricted	Restricted	Total	Total funds
		funds	funds	funds
	Note	£	£	£
Income and endowments
Donations and grants	4	19,245	13,640	32,885	57,632
Charitable activities	5	63,376	–	63,376	24,326
Other income	6	2,631	–	2,631	8,347
Investment income	7	15	–	15	24
		---------------------------	---------------------------	---------------------------	---------------------------
Total income		85,267	13,640	98,907	90,329
		===========================	===========================	===========================	===========================
Expenditure
Charitable activities expenditure	8	12,484	1,116	13,600	1,560
Other expenditure	9	82,349	7,432	89,781	70,331
		---------------------------	---------------------------	---------------------------	---------------------------
Total expenditure		94,833	8,548	103,381	71,891
		===========================	===========================	===========================	===========================
Transfer between funds		708	(708)	–	–
		---------------------------------	---------------------------------	---------------------------	---------------------------
Net (expenditure)/income and net movement	in funds	(8,858)	4,384	(4,474)	18,438
		================================	=================================	===========================	===========================
Reconciliation of funds
Total funds brought forward_Restated_		796,229	6,308	802,537	784,099
		--------------------------------	--------------------------------	--------------------------------	--------------------------------
Total funds carried forward		787,371	10,692	798,063	802,537
		================================	================================	================================	================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 15 form part of these financial statements.

6

The Henhayes Centre

Statement of Financial Position

30 April 2022

			Restated
		30 Apr 22	31 Mar 21
	Note	£	£
Fixed assets
Tangible fixed assets	14	755,304	751,388
Current assets
Stocks	15	1,057	800
Debtors	16	6,175	6,025
Cash at bank and in hand		41,739	48,487
		---------------------------	---------------------------
		48,971	55,312
Creditors: amounts falling due within one year	17	6,212	4,163
		---------------------------	---------------------------
Net current assets		42,759	51,149
		--------------------------------	--------------------------------
Total assets less current liabilities		798,063	802,537
		--------------------------------	--------------------------------
Net assets		798,063	802,537
		================================	================================
Funds of the charity
Unrestricted funds	18/19	787,371	796,229
Restricted funds	18/19	10,692	6,308
		--------------------------------	--------------------------------
Total charity funds		798,063	802,537
		================================	================================

These financial statements were approved by the board of trustees and authorised for issue on 12 May 2023, and are signed on behalf of the board by:

RJ Prince Trustee

The notes on pages 8 to 15 form part of these financial statements.

7

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

1. General information

The charity is a registered charity in England and Wales. The address of the registered office is The Henhayes Centre, South Street Car Park, Crewkerne, Somerset, TA18 8DA.

2. Statement of compliance

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Judgements and key sources of uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Grants are apportioned to the time period that they relate to if specified.

8

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from bookings of the centre are invoiced at the end of the month in which the hire takes place. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

• Activities for generating funds include resources generated by charitable activities which are specifically to raise funds for the charity such as fundraising events.

• Investment income includes bank interest and is included when receivable

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure is inclusive of VAT as the charity is not registered for VAT.

Operating leases

Lease payments are recognised as an expense as they fall due.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment

• 25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government Grants

Government grant income is recognised on a receivable basis. Where a restriction is placed on the use of the grant, the amount of the grant is included in restricted funds. Grants that are receivable for purposes of giving immediate financial support to entity with no future related costs are recognised in income in the period in which it became receivable. Unrestricted grants that

9

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

cover a specified period are accounted for within accruals and deferred income where appropriate.

Pension costs

The company operates a defined contribution pension scheme for employees under auto enrolment. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension costs are charged to the Statement of Financial Activities as incurred, are included within salary costs, and represent contributions payable by the company.

Fund Accounting

Unrestricted Funds

General accumulated unrestricted funds represent the funds of the charity that are not subject to any restrictions regarding their use and may be applied in achieving any of the objectives of the charity as decided by the trustees.

Designated Funds

Funds designated for a particular purpose by the charity are also unrestricted but shown as a separate fund category. Amounts are transferred to a designated fund when the restriction placed upon the incoming resource has been realised but the trustees wish to be able to separately identify these assets.

Restricted Funds

These relate to incoming resources which have been received subject to specific conditions imposed by the donor and binding on the Trustees and may only be applied in accordance with the restrictions placed on the donation. Upon realisation of the aims of the restricted funds, assets of such funds are transferred to unrestricted or designated funds as appropriate

4. Donation and grants

Donation and grants
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
	£	£	£	£
Donations	596	–	596	2,038
Collection boxes	338	–	338	–
Donations for use of facilities and
equipment	220	–	220	–
Donations of equipment	260	–	260	–
Donations in memoriam	172	–	172	–
Grants	–	–	–	22,253
Crewkerne Town Council grants	2,208	–	2,208	–
Somerset Foundation grant	–	3,000	3,000	–
Rotary grant for kitchen equipment	–	708	708	–
National Lottery grant	–	9,932	9,932	–
Furlough grant	15,451	–	15,451	33,341
	================================	================================	================================	================================
	19,245	13,640	32,885	57,632
	================================	================================	================================	================================

10

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

5. Charitable activities

Charitable activities
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
	£	£	£	£
Keep Fit/Physio (net income 2021)	4,444	–	4,444	218
Computer Training	256	–	256	51
Memory group (net income 2021)	1,401	–	1,401	20
Tuesday group (net income 2021)	2,760	–	2,760	118
Transport (net income 2021)	397	–	397	173
Centre Bookings	28,635	–	28,635	20,017
Fundraising	4,849	–	4,849	(240)
Membership subscriptions	699	–	699	1,116
Food and drink sales	16,682	–	16,682	2,504
Bar sales	3,253	–	3,253	349
	================================	================================	================================	================================
	63,376	–	63,376	24,326
	================================	================================	================================	================================

6. Other income

Other income
			Total	Restated	Restated	Restated
	Unrestricted	Restricted	Funds	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022	Funds	Funds	2021
	£	£	£	£	£	£
Miscellaneous sales	808	–	808	434	–	434
Solar power refund	1,823	–	1,823	1,605	–	1,605
Insurance claim for
carpet	–	–	–	–	6,308	6,308
	================================	================================	================================	================================	================================	================================
	2,631	–	2,631	2,039	6,308	8,347
	================================	================================	================================	================================	================================	================================

7. Investment income

Investment income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
	£	£	£	£
Bank interest receivable	15	15	24	24
	==============	==============	==============	==============
Charitable activity expenditure
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
	£	£	£	£
Keep fit/Physio costs	2,315	–	2,315	–
Memory group costs	–	584	584	–
Tuesday group costs	1,658	532	2,190	–
Bar costs (adjusted for stock)	1,089	–	1,089	462
Food costs	5,839	–	5,838	1,098
Transport costs	218	–	219	–
Fundraising costs	766	–	766	–
Centre equipment	599	–	599	–
	---------------------------	---------------------------	================================	================================
	12,484	1,116	13,600	1,560
	===========================	===========================	================================	================================

8. Charitable activity expenditure

11

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

9. Other expenditure

Other expenditure
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
	£	£	£	£
Salaries and pension	56,680	–	56,680	51,853
Electricity	3,532	1,124	4,656	5,515
Gas	609	–	609	247
Water	496	–	496	357
Telephone & broadband	2,722	–	2,722	2,356
Insurance	2,169	–	2,169	2,198
Licences	797	–	797	–
Office expenses	1,094	–	1,094	761
Alarm/fire protection	691	–	691	545
Cleaning expenses & refuse collection	2,730	–	2,730	1,627
Advertising & promotion	3,406	–	3,406	26
Kitchen supplies & maintenance	543	–	543	23
Sundries	141	–	141	176
Website maintenance	982	–	982	–
Repairs & maintenance	2,521	6,308	8,829	1,669
Bank & card machine charges	398	–	398	104
Independent examiners fee (2021 & 2022)	840	–	840	–
Depreciation	1,969	–	1,969	2,874
Staff Training	29	–	29	–
	----------------------------	----------------------------	----------------------------	----------------------------
	82,349	7,432	89,781	70,331
	============================	============================	============================	============================

10. Net (expenditure)/income

Net (expenditure)/income is stated after charging/(crediting):

Depreciation of tangible fixed assets

30 Apr 22 31 Mar 21 £ £ 1,969 2,874

11. Operating leases

Amounts due within one year under operating lease commitments at 30 April 2022 £726

12. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	Period from
	1 Apr 21 to	Year to
	30 Apr 22	31 Mar 21
	£	£
Wages and salaries (including pension contributions)	56,680	51,853
	---------------------------	---------------------------
	56,680	51,853
	===========================	===========================

The average head count of employees during the period was 6.

No employee received employee benefits of more than £60,000 during the year.

12

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

13. Trustee remuneration and expenses, related party transactions

No remuneration or expenses have been paid to the trustees during the period. There were no related party transactions during the period.

14. Tangible fixed assets

		Freehold
		property	Equipment	Total
		£	£	£
	Cost
	At 1 April 2021	750,000	1,388	751,388
	Additions	–	5,885	5,885
		--------------------------------	-----------------------	--------------------------------
	At 30 April 2022	750,000	7,273	757,273
		================================	=======================	================================
	Depreciation
	At 1 April 2021	–	–	–
	Charge for the period	–	1,969	1,969
		--------------------------------	-----------------------	--------------------------------
	At 30 April 2022	–	1,969	1,969
		================================	=======================	================================
	Carrying amount
	At 30 April 2022	750,000	5,304	755,304
		================================	=======================	================================
	At 31 March 2021	750,000	1,388	751,388
		================================	=======================	================================
15.	Stocks
			30 Apr 22	31 Mar 21
			£	£
	Raw materials and consumables		1,057	800
			======================	==============
16.	Debtors
			30 Apr 22	31 Mar 21
			£	£
	Trade debtors		2,825	5,890
	Prepayments and accrued income		1,022	135
	Other debtors		2,328	–
			-----------------------	-----------------------
			6,175	6,025
			=======================	=======================
17.	Creditors: amounts falling due within one year
			30 Apr 22	31 Mar 21
			£	£
	Trade creditors		822	–
	Accruals and deferred income		5,025	4,163
	Other creditors		365	–
			-----------------------	-----------------------
			6,212	4,163
			=======================	=======================

13

The Henhayes Centre

Notes to the Financial Statements (continued)

Period from 1 April 2021 to 30 April 2022

18. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	Restated
	At				At
	1 April 2021	Income	Expenditure	Transfers	30 April 2022
	£	£	£		£
General funds	796,229	85,267	94,833	708	787,371
	=======================	================================	================================	==============	=======================
Restricted funds
	Restated
	At			Transfer to	At
	1April 2021	Income	Expenditure	fixed assets	30 April 2022
	£	£	£	£	£
Insurance claim - carpet	6,308	-	6,308	-	-
Somerset Community Fund
– Memory group	-	3,000	584	-	2,416
National Lottery Grant –
Tuesday group	-	9,932	1,656	-	8,276
Rotary Grant – kitchen
equipment	-	708	-	(708)	-
	----------------------------	----------------------------	-----------------------	----------------------------	----------------------------
Total	6,308	13,640	8,548	(708)	10,692
	============================	============================	=======================	===========================	============================

19. Analysis of net assets between funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Tangible fixed assets	755,304	–	755,304
Current assets	38,279	10,692	48,971
Creditors less than 1 year	(6,212)	–	(6,212)
	----------------------------	-----------------------	----------------------------
Net assets	787,371	10,692	798,063
	============================	=======================	============================
	Restated	Restated
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	£	£	£
Tangible fixed assets	751,388	–	751,388
Current assets	49,004	6,308	55,312
Creditors less than 1 year	(4,163)	–	(4,163)
	----------------------------	-----------------------	----------------------------
Net assets	796,229	6,308	802,537
	============================	=======================	============================

14