REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022
FEATHERS FUTURES CIO 3 GEORGE STREET GREAT YARMOUTH NR30 1HR
FEATHERS FUTUTRES IS A CHARITABLE INCORPORATED ORGANISATION GOVERNED BY A CIO CONSTITUTION AND OVERSEEN BY A BOARD OF TRUSTEES
CONTENTS PAGE
Reference and administrative information 1 Chairs report 2 Trustees report 3-9 Future Plans 9 Reserves Policy 10 Accountants report following
FEATHERS FUTURES CIO REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND MANAGEMENT FOR THE YEAR END 28 FEBRUARY 2022
Name of charity
Feathers Futures CIO Feathers Futures CIO converted from Feathers Futures CIC on 12th February 2020
Charity Registration
Registered charity in England and Wales charity number 1187930
Address
3 George Street Great Yarmouth NR30 1HR Telephone 01493 268222 e-mail admin@feathersfutures.org Website www.feathersfutures.org
Trustees
Donna Baldwin - Chair Valerie Pettit - Vice Chair Julie Woods - Treasurer Joanne Holloway
CEO
Joanna Critch
Banking
Natwest - Market Place & Bridge Street Corner, Fakenham, Sculthorpe NR21 9BA Co-operative Bank - P.O. Box 101, 1 Balloon Street, Manchester M60 4EP
Accountants
Fairhead and Bradford - 5 Queen St, Great Yarmouth NR30 2QP
The trustees present their report with the financial statements of the charity for the year ended 28 February 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)
Page 1
FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 12 FEBRUARY 2021 CHAIR'S SUMMARY
Feathers Futures works with women in Great Yarmouth, to build friendships, support each other and learn new skills, by providing a safe, non-judgmental space for women to listen, be heard, and understood.
2021 the charity focused on the core offer of courses , groups, and peer support, ensuring we continued to meet the needs of those women that accessed our services. We have also built partnerships with other organisations to enable our courses and groups to be delivered to a wider group of women.
The generosity of organisations that have considered our funding applications and supported the work that we do has meant the charity has continue to grow financially, which has enabled us to increase the paid staff to allow for resilience within the team. Thank you to those individuals and funders that have given so generously, through many donations, we couldn’t offer the support we do without your help.
A big thank you to the team at Feathers Futures for your hard work and commitment to the charity, its objectives and mostly, to the women that need our support.
Donna Baldwin Chair of Trustees
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FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022 CONTINUED
Our Inclusivity statement:
We welcome all women at Feathers Futures. We are women supporting women in a trauma informed, person-centred way. We come together as a group whilst recognising that we are individual and so is our journey. We want you to feel safe, respected and that you can be yourself when you are here. We ask that anyone coming to Feathers Futures works with us to keep this commitment.
We worked with Joe Henson from Norfolk LGBTQ+ charity on our in inclusivity statement as part of our Inclusive Workplace Award we are working towards.
We are also working towards being a disability confident employer, we have completed level 1 and working towards level 2.
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FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022
Objectives and Activities
To relieve the needs of women in Great Yarmouth and the surrounding areas who have complex needs, in particular but not exclusively who have suffered domestic and/or child abuse through the provision of information, workshops and support groups.
Public Benefit
All the activities of the Charity focus on delivering community benefit and are in accordance with the objects of the Charity. The Trustees have complied with their duty to have due regard to the Charity Commission's public benefit guidance when exercising any powers or duties to which the guidance is relevant.
Achievement and Performance
Feathers Futures second year as a charity has been another busy one, with the pandemic continuing throughout the year we have had to work hard to balance the needs of the women coming to Feathers Futures alongside theirs and the staff and volunteers well-being.
Feathers Futures started the year with some uncertainty over the long term plans for the charity, having grown to meet demand primarily through short-term grant funding, this soon changed when we were awarded £147,000 over three years from The National Lottery and £30000 over three years from The Fore, these grants have allowed us to secure our staffing posts and develop our volunteer programme.
Joanna is continuing to work with the board of trustees to develop a strategic plan that not only expanded the support offered to women in response to the demand that it has seen increase throughout the year, but also has put the charity in a relatively secure financial position for the next few years.
We continue to offer a blended approach to support offering face to face, phone and zoom groups, this has allowed us to continue to reach women who live in more rural areas and are unable to access our hub, or who have barriers to coming to the hub. At the beginning of the year Feathers Futures was centred around a hub in Great Yarmouth, all activities and support were delivered face to face, this had to change when the covid-19 pandemic hit, everyone worked hard to make sure that support continued for all women currently accessing the hub, this was done by telephone, zoom and well-being packs posted out. The packs proved so popular that we posted out over 250 in the first lockdown. By delivering services online we recognised that we reached women that desperately needed our support but would never have been able to attend our hub; with this in mind we will always offer a blended approach to our support in the future.
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The activities we have on offer have been developed in response to the unmet needs of women within Great Yarmouth and we recognise the immense value of co-production and all voices being listened to. Our person-centred, trauma informed way of working has resulted in us developing a volunteer training programme and an accredited peer mentor programme so that women who have attended Feathers Futures can continue to be part of the growing network of women supporting women that Feathers Futures is becoming.
We provided a Kickstart placement via the government scheme and Lucie spent the time with us undertaking various training to support her career goals, assisting in running groups, as well as being able to create us posters and social media posts in minutes!
As part of our continued efforts to raise awareness of the charity and be part of our community we took part in the annual Christmas tree festival at Great Yarmouth Minster, Angela one of our volunteers co-ordinated the planning and design of the tree, incorporating messages of hope and positivity from many of our ladies. It was topped off with a beautiful tree topper designed by Debbie who came to Feathers Futures to build her confidence and has since gone on to reopen her textiles business. To our delight we won first prize as voted by the Mayor of Great Yarmouth Cllr Adrian Thompson and received our award from Rev Simon
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In January Angela joined our team on a two year apprenticeship programme, Angela previously accessed Feathers Futures for support then went on to volunteer where she excelled and became a valued part of the team. Angela is completing business administration level 3 apprenticeship and will work alongside Tracy learning the day to day administration of the charity as well as helping to run the groups.
Partnership working - We believe in developing links with other organisations and welcome other local charities and support services to use our building on a weekly basis.
We work with the University of Suffolk as a placement provider for student counsellors and have had had seven counsellors on placement
Joanna is part of the newly formed homelessness alliance in Great Yarmouth working alongside other charities and statutory organisations to work together to listen to experiences of homeless in Great Yarmouth and work together to improve systems and processes.
We have enjoyed a longstanding partership with the UEA:
I am immensely proud of the relationship the UEA School of Health Sciences has with Feathers Futures. Jo has been a trusted partner in our research for many years now. Our particular focus is on preventative health. Too often, health is only viewed as coping with sickness. Jo has the vision to understand the wider determinants of health and how the women's circumstances affect their physical health and their psychological wellbeing. We are very grateful for the partnership we have which enabled us to complete a research study funded by BigC on cancer prevention, by supporting women to consider regular cancer screening and giving them the confidence to report symptoms of cancer to their GP. I really look forward to continuing this important work with Jo and her team. Dr Sarah Hanson
Associate Professor in Community Health
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FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022 CONTINUED
Activities offered this year:
Domestic Abuse Recovery Toolkit - We continue to deliver this course written by Sue Penna from Rockpool Life CIC the nationally recognised course is for women who have experienced domestic abuse in the past and are no longer in the relationship. It looks at the impact the abuse can leave behind and ways to move forward, building a "toolkit" of helpful resources focusing on self-esteem and future well-being. We run both face to face and online evening sessions.
1-1 counselling - Counsellors volunteer with Feathers Futures and come for their placement while completing the BA Honours Person Centred Counselling degree with Suffolk University, based at East Coast College campus in Great Yarmouth. Each student has to complete 100 hours counselling in order to qualify and we have been very pleased to have been able to offer over 450 hours of counselling this year.
Group counselling - We run weekly group counselling sessions facilitated by fully a fully qualified counsellor, these sessions allow women to listen and support each other.
Craft group - The group continues to run one evening a week and has some very talented attendees who show and support others to have a go! We have had guest crafters in to show us how to create some wonderful pieces as well.
Drop-in/Coffee morning - Friday coffee morning is still the busiest time of the week, anyone can pop in and find out more about what we do, collect any toiletries or sanitary products they need, have refreshments and a chat. Over the year we have had kindly donated clothes and shoes that has allowed us to offer free clothes and shoes to women in need.
Exercise classes for beginners - Following feedback about lack of confidence to attend gyms or community exercise classes we secured funding from Active Norfolk and Sport England to run beginners taster session exercise classes, so far we have tried Clubbercise, Yoga and Zumba.
Own My Life - A new course for 2020 Sandra has trained to facilitate. A 12-week online or inperson course to help women who have been subjected to abuse to regain ownership of their lives.
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FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022 CONTINUED
Sole Sisters - Sheree set up the weekly walking group to support women with anxiety who worry about going out in the town on their own, being able to go as a group together has made a difference. Although that was the primary purpose of the group it is open to all women in the community.
Feathers Friends - Is a peer support network where women come together and support each other whilst making friends and reducing isolation.
Gorleston outreach - thank you to Shrublands community centre for welcoming us and allowing us to have the space to reach women in Gorleston, we run a weekly session of Feathers Friends as well as taking to Gorleston It's All About Me! and Domestic Abuse Recovery Toolkit Courses.
Monthly Book Club and Creative writing workshops - Led by Ruthie Collins, author, we have restarted our face to face book club following a pause during the pandemic and offer creative writing workshops throughout the year.
Free toiletries, sanitary products and make-up - Thanks to incredibly kind donations locally and via Toiletries Amnesty with their support we have been able to offer free products to anyone in need.
Flourish - Young mums group for aged 16-21, newly formed group aimed at reducing isolation and feelings of loneliness.
It's All Fun and Games! - A new group formed to simply to come together and enjoy a board game, cards or even bingo. A popular group that has helped reduce isolation of those living alone who would otherwise not have the opportunity to play a game.
Its All About Me! - This 6 week confidence building, self-esteem and self-care course has proved to be very popular, with courses running in Great Yarmouth and Gorleston, daytime and evening it has a waiting list.
Volunteering - We have a volunteer programme that offers various opportunities within Feathers Futures, each volunteer has their own personal development plan that looks at training and development linked to their future goals.
Peer Mentors - Thanks to bespoke accredited training offered by Cohort4 in Peer Mentoring Women with Complex Needs alongside modules such as safeguarding, lone working and domestic abuse awareness we have been able to secure funding to train women who have been through our service to support women who are new to Feathers Futures.
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FEATHERS FUTURES CIO REPORT FOR THE YEAR ENDED 28 FEBRUARY 2022 CONTINUED
Training - During this year all staff have completed LGBTQ+ awareness with Norfolk LGBTQ+ charity and we are working towards our inclusive workplace award which we hope to have completed in summer 2022.
All staff have renewed their emergency first aid at work.
Sandra and Sheree have completed Mental Health First Aid and are now mental health first aiders.
Sandra undertook the week long training to be a facilitator of Own My Life.
Volunteers have undertaken a range of accredited training including Safeguarding, lone working, peer mentoring women with complex needs and Emergency first aid at work.
Donna has undertaken a skills audit of trustees and is looking at training and development within the board.
.
Joanna has undertaken a skills audit of staff and volunteers and this will be used to develop an individual training and development plan for each person as well as identify areas where we can offer additional training.
Future Plans
We have developed a five year strategic plan that focusses on ensuring that the charity is in a good position not just financially but with effective processes and systems in place. This will allow us to take stock of the rapid growth we have had and reflect on what has worked well and improvements that we need to make.
.
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FEATHERS FUTURES CIO FINANCIAL REVIEW FOR THE YEAR ENDED 28 FEBRUARY 2021
Reserves Policy
The Trustees consider the level of reserves they wish to retain, appropriate to the Charity's needs and circumstances. This is based on the charity's size and level of commitments held. The Trustees endeavour not to set aside funds unnecessarily. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. In doing this the Trustee's aim to make sure that the current budget forecast and reserves levels allow the charity to continue in operation for a rolling six month period and we have met this aim.
The Trustees recognise that the charity is in a good financial position for the end of it's first year and financial projections for the next financial year is that agreed funding should enable us to deliver and develop to meet demand.
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REGISTERED COMPANY NUMBER: CE020679 (England and Wales) REGISTERED CHARITY NUMBER: 1187930
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 28 February 2022
for
Feathers Futures CIO
Fairhead Bradford
5 Queen Street Great Yarmouth Norfolk NR30 2QP
Feathers Futures CIO
Contents of the Financial Statements for the Year Ended 28 February 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 to 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 to 12 |
Feathers Futures CIO
Report of the Trustees for the Year Ended 28 February 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Structure, governance and management Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Reference and administrative details Registered Company number
CE020679 (England and Wales)
Registered Charity number
1187930
Registered office
3 George Street Great Yarmouth Norfolk NR30 1HR
Trustees
D Baldwin J Holloway V Petit J Woods
Independent Examiner
N S Toon FCA Fairhead Bradford 5 Queen Street Great Yarmouth Norfolk NR30 2QP
Approved by order of the board of trustees on 4 July 2022 and signed on its behalf by:
D Baldwin - Trustee
Page 1
Independent Examiner's Report to the Trustees of Feathers Futures CIO
Independent examiner's report to the trustees of Feathers Futures CIO ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
N S Toon FCA Fairhead Bradford 5 Queen Street Great Yarmouth Norfolk NR30 2QP
Date: .............................................
Page 2
Feathers Futures CIO
Statement of Financial Activities for the Year Ended 28 February 2022
| Notes Income and endowments from Donations and legacies Other trading activities 2 Total Expenditure on Charitable activities Main activity NET INCOME Transfers between funds 9 Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
General fund £ 4,924 1,016 5,940 2,579 3,361 17,017 20,378 9,534 29,912 |
Year Ended 28/2/22 Restricted Total fund funds £ £ 141,853 146,777 - 1,016 141,853 147,793 122,415 124,994 19,438 22,799 (17,017) - 2,421 22,799 61,193 70,727 63,614 93,526 |
Period 13/2/20 to 28/2/21 Total funds £ 143,452 120 |
|---|---|---|---|
| 143,572 72,845 |
|||
| 70,727 - |
|||
| 70,727 - |
|||
| 70,727 |
The notes form part of these financial statements
Page 3
Feathers Futures CIO
Balance Sheet 28 February 2022
| Notes Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Creditors Amounts falling due within one year 8 Net current assets Total assets less current liabilities NET ASSETS Funds 9 Unrestricted funds: General fund Restricted funds: Restricted fund Total funds |
General Restricted fund fund £ £ 1,126 4,220 960 845 29,386 61,835 30,346 62,680 (1,560) (3,286) 28,786 59,394 29,912 63,614 29,912 63,614 |
28/2/22 Total funds £ 5,346 1,805 91,221 93,026 (4,846) 88,180 93,526 93,526 29,912 63,614 93,526 |
28/2/21 Total funds £ 4,334 6,682 65,270 71,952 (5,559) 66,393 70,727 70,727 9,534 61,193 70,727 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Feathers Futures CIO
Balance Sheet - continued 28 February 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 4 July 2022 and were signed on its behalf by:
D Baldwin - Trustee
J Woods - Trustee
The notes form part of these financial statements
Page 5
Feathers Futures CIO
Notes to the Financial Statements for the Year Ended 28 February 2022
1. Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activitiesonce the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment
- 33% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. Other trading activities
| Other trading activities | ||
|---|---|---|
| Period | ||
| 13/2/20 | ||
| Year Ended | to | |
| 28/2/22 | 28/2/21 | |
| £ | £ | |
| Room hire | 1,016 | 120 |
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Feathers Futures CIO
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
3. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
| Period | ||
|---|---|---|
| 13/2/20 | ||
| Year Ended | to | |
| 28/2/22 | 28/2/21 | |
| £ | £ | |
| Depreciation - owned assets | 2,015 | 2,166 |
4. Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 28 February 2022 nor for the period ended 28 February 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 28 February 2022 nor for the period ended 28 February 2021.
5. Comparatives for the statement of financial activities
| Comparatives for the statement of financial activities | |||
|---|---|---|---|
| Income and endowments from Donations and legacies Other trading activities Total Expenditure on Charitable activities Main activity NET INCOME Total funds carried forward |
General fund £ 19,391 120 19,511 9,977 9,534 9,534 |
Restricted fund £ 124,061 - 124,061 62,868 61,193 61,193 |
Total funds £ 143,452 120 |
| 143,572 72,845 |
|||
| 70,727 | |||
| 70,727 |
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Feathers Futures CIO
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
6. Tangible fixed assets
| 6. | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Fixtures, | ||||||
| fittings | ||||||
| and | ||||||
| equipment | ||||||
| £ | ||||||
| Cost | ||||||
| At 1 March 2021 | 6,500 | |||||
| Additions | 3,027 | |||||
| At 28 February 2022 | 9,527 | |||||
| Depreciation | ||||||
| At 1 March 2021 | 2,166 | |||||
| Charge for year | 2,015 | |||||
| At 28 February 2022 | 4,181 | |||||
| Net book value | ||||||
| At 28 February 2022 | 5,346 | |||||
| At 28 February 2021 | 4,334 | |||||
| 7. | Debtors: amounts falling due within one year | |||||
| 28/2/22 | 28/2/21 | |||||
| £ | £ | |||||
| Other debtors | 960 | 6,401 | ||||
| Prepayments | 845 | 281 | ||||
| 1,805 | 6,682 | |||||
| 8. | Creditors: amounts falling due within one year | |||||
| 28/2/22 | 28/2/21 | |||||
| £ | £ | |||||
| Trade creditors | 160 | - | ||||
| Social security and other taxes | 3,126 | 3,378 | ||||
| Accrued expenses | 1,560 | 2,181 | ||||
| 4,846 | 5,559 | |||||
| 9. | Movement in funds | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At | 1/3/21 | in funds | funds | 28/2/22 | ||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 9,534 | 3,361 | 17,017 | 29,912 | ||
| Restricted funds | ||||||
| Restricted fund | 61,193 | 19,438 | (17,017) | 63,614 | ||
| TOTAL FUNDS | 70,727 | 22,799 | - | 93,526 |
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Feathers Futures CIO
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
9. Movement in funds - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 5,940 141,853 147,793 |
Resources Movement expended in funds £ £ (2,579) 3,361 (122,415) 19,438 (124,994) 22,799 Net movement At in funds 28/2/21 £ £ 9,534 9,534 61,193 61,193 70,727 70,727 |
|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 19,511 124,061 143,572 |
Resources Movement expended in funds £ £ (9,977) 9,534 (62,868) 61,193 (72,845) 70,727 |
|---|---|---|
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Feathers Futures CIO
Notes to the Financial Statements - continued for the Year Ended 28 February 2022
10. Related party disclosures
There were no related party transactions for the year ended 28 February 2022.
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Feathers Futures CIO
Detailed Statement of Financial Activities for the Year Ended 28 February 2022
| Period | ||||
|---|---|---|---|---|
| 13/2/20 | ||||
| Year Ended | to | |||
| 28/2/22 | 28/2/21 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | ||||
| Gifted from Feathers Futures CIC | 1 | 1 | 2 | 2,106 |
| Donations | 1,923 | - | 1,923 | 5,776 |
| Government Grants | - | - | - | 10,000 |
| National Lottery - Main Grant | - | - | - | 19,910 |
| Norfolk Community College BBO Project | - | - | - | 14,954 |
| Neighbourly | - | - | - | 400 |
| NCC Norfolk Arts Project | - | 2,990 | 2,990 | 350 |
| NCF Covid 19 Response Fund | - | - | - | 701 |
| CAF Coronavirus Fund | - | - | - | 1,500 |
| Groundworks Tesco Bags of Help | - | - | - | 1,000 |
| NCF Covid - 19 | - | - | - | 9,867 |
| Rosa | - | 7,983 | 7,983 | 5,985 |
| Tudor Trust | - | 33,000 | 33,000 | 36,000 |
| Groundworks Comic Relief | - | 5,000 | 5,000 | 5,000 |
| Smallwood Trust | - | - | - | 20,044 |
| NCF Norfolk Recovery Fund | - | - | - | 3,427 |
| Rockpool | - | - | - | 6,432 |
| Bulldog The Fore Foundation | - | 9,770 | 9,770 | - |
| Postcode Places Lottery Grant | - | 19,220 | 19,220 | - |
| TNL Awards 4 All Grant | - | 9,984 | 9,984 | - |
| East Kick Start Grant | 1,500 | - | 1,500 | - |
| East Coast Kick Start Wages | - | 6,065 | 6,065 | - |
| SSE Grant | 1,500 | - | 1,500 | - |
| National Lottery 3 Year Grant | - | 44,940 | 44,940 | - |
| NCF - Norfolk Household Support Fund | - | 2,900 | 2,900 | - |
| 4,924 | 141,853 | 146,777 | 143,452 | |
| Other trading activities | ||||
| Room hire | 1,016 | - | 1,016 | 120 |
| Total incoming resources | 5,940 | 141,853 | 147,793 | 143,572 |
| Expenditure | ||||
| Charitable activities | ||||
| Wages and pension costs | - | 87,529 | 87,529 | 47,191 |
| Insurance | - | 730 | 730 | 366 |
| Telephone, internet and postage | - | 2,665 | 2,665 | 1,588 |
| Printing and stationery | - | 78 | 78 | 636 |
| Advertising | - | 641 | 641 | 1,446 |
| Sundries | - | 3,169 | 3,169 | 860 |
| Carried forward | - | 94,812 | 94,812 | 52,087 |
This page does not form part of the statutory financial statements
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Feathers Futures CIO
Detailed Statement of Financial Activities for the Year Ended 28 February 2022
| Period | ||||
|---|---|---|---|---|
| 13/2/20 | ||||
| Year Ended | to | |||
| 28/2/22 | 28/2/21 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Charitable activities | ||||
| Brought forward | - | 94,812 | 94,812 | 52,087 |
| Volunteer expenses | 6 | 438 | 444 | 369 |
| Office and rent costs | - | 9,193 | 9,193 | 7,499 |
| Room hire | - | 1,180 | 1,180 | 180 |
| Course facilitators | - | 4,340 | 4,340 | 6,590 |
| Computer and office consumables | - | 558 | 558 | 659 |
| Staff training | 200 | 2,113 | 2,313 | 365 |
| Legal and professional fees | - | 206 | 206 | 850 |
| Accountancy fees | 1,560 | - | 1,560 | 1,830 |
| Consultancy fees | - | 3,840 | 3,840 | - |
| Craft materials | - | 146 | 146 | 250 |
| Cohort4 New Year New Pants | 250 | - | 250 | - |
| Christmas food parcels | - | 2,900 | 2,900 | - |
| Subscriptions | - | 30 | 30 | - |
| Staff welfare | - | 1,208 | 1,208 | - |
| Depn of fixtures, fittings and equipment | 563 | 1,451 | 2,014 | 2,166 |
| 2,579 | 122,415 | 124,994 | 72,845 | |
| Total resources expended | 2,579 | 122,415 | 124,994 | 72,845 |
| Net income | 3,361 | 19,438 | 22,799 | 70,727 |
This page does not form part of the statutory financial statements
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