## **Like U**
**Charity No. 1187973**
**Trustees' Report and Unaudited Accounts**
**13 February 2022**
**Like U Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Statement of Cash flows|10|
|Notes to the Accounts|11 to 18|
|Detailed Statement of Financial Activities|19 to 21|
Page 1
**Like U Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the year ended 13 February 2022.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1187973**
## **Principal Office**
2 Westbury Street Worcester WR1 1NW
## **Trustees**
The following trustees served during the year:
L. Chylarecki V. Klak P. Ostrowski (Resigned 12 May 2022)
## **Accountants**
Solutions Accountancy & Bookkeeping Ltd 1 The Mews
Little Brunswick Street Huddersfield HD1 5JL
## **Bankers**
NatWest Bank PLC
Page 2
**Like U Trustees Annual Report**
OBJECTIVES AND ACTIVITIES The Charity promotes for the benefit of the public in the west midlands with a view to the preservation of public order, the provision of services for mediation and conciliation between people, organisations and groups who are involved in disputes or interpersonal conflicts where that dispute or conflict results from or may lead to acts of nuisance, vandalism, racial abuse or breach of the peace. The promotion of racial harmony for the public benefit by:
- (a) promoting knowledge and mutual understanding between different racial groups;
(b) advancing education and raising awareness about different racial groups to promote good relations between persons of different racial groups;
(c) working towards the elimination of discrimination on the grounds of race to promote social inclusion for the public benefit by working with people in the west midlands who are socially excluded on the grounds of their ethnic origin, religion, belief or creed (in particular, members of the European migrant community) to relieve the needs of such people and assist them to integrate into society, in particular by: providing a local network group that encourages and enables members of the European migrant community to participate more effectively with the wider community;
(d) increasing, or co-ordinating, opportunities for members of the European migrant community to engage with service providers, to enable those providers to adapt services to better meet the needs of that community to assist in the treatment and care of persons suffering from mental or physical illness of any description or in need of rehabilitation as a result of such illness, by the provision of facilities for work and recreation.
The Charity also promotes and protects the physical and mental health of sufferers of anxiety, depression, personality disorder, psychosis and eating disorders in the west midlands through the provision of financial assistance, support, education and practical advice.
The Charity advances the education of the general public in all areas relating to mental wellbeing, recovery and crisis.
## **ACHIEVEMENTS AND PERFORMANCE**
The main achievements of the organisation during the period were:
1. Continuing to allow members of different racial groups to visit our Community Centre. The place where they can meet, talk, socialise and cooperate with each other.
2. Hardship support program increased its numbers of free food boxes and warm meals provided to the community to 400 a month.
3. Migrant support centre stabilised its help on 150 cases a month providing support in multiple languages.
4. Establishing firm relationships with local government and charity organisations.
## **FINANCIAL REVIEW**
Charity generates income through grants, donations and renting parts of the community centre. This includes both direct transfers into the charity's account and cash donations. During the year ended 13/02/2022 the charity generated income amount of £214,373 which is 2.3 times compare to previous year. Outgoings were kept at a minimal resulting in a surplus of £8,406 to be carried forward to next year use.
Reserves Policy
The Charity aims to build reserves, which will enable it to meet its average annual operational need. The Trustees review the reserves held by the Charity on a regular basis to ensure that an appropriate level of funds are held to meet the above policy of the Charity going forward.
Page 3
**Like U Trustees Annual Report**
Main Risk
The factors that may affect the Charity’s delivery of its objectives include:
a) Current Cost of Living crisis and rising cost for gas, electrics and food
b) Rising cost of fuel and vehicle maintenance
c) Rising costs of building maintenance
d) Ability to generate enough funds to operate
LikeU trustees examine risks, business and reputation routinely while preparing future plans and budgets. Trustees also ensure to take appropriate advice on crucial issues.
Impact of cost of living crisis
LikeU managed to secure fundraising, which allowed the charity to grow and develop in the year of 2021-2022. Trustees identified the need to secure additional funding in order to carry on fulfilling charitable objectives. The plan is being carefully created to make sure that LikeU charity will continue to operate when the core funding will finish.
## **PLANS FOR FUTURE PERIODS**
Year 2021-2022 was a great time for LikeU charity where we have managed to almost double the number of cases we are helping with. We plan to continue to reach out, connect different racial groups and help to overcome differences.
Key challenges we have identified in our future plans are:
- 1) To provide stable numbers in both of our main programmes.
- 2) Continue to improve our recognisability amongst Migrants living in Midlands
3) Finding a sustainable source of funding which will allow our European Community centre to operate and grow.
Page 4
**Like U Trustees Annual Report**
STRUCTURE, GOVERNANCE AND MANAGEMENT: A Board of Trustees governs the Charity. New Trustees are selected by the Board of Trustees and are subject to re-election every five years. At 13 February 2022, the Board had a membership of three people.
Details of the Trustees who have served during the year are listed above.
None of the Trustees had any personal beneficial interests in the Charity requiring disclosure.
All Trustees receive the handbook for Trustees’ provided through the Charity Commission. Each Trustee will have an induction programme by other Trustees and receive an information pack on the Charity and its finances. Beyond this the Charity follows the code of practice for governance produced by the Governance Hub.
The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss.
They include: 1) A strategic plan and annual budget approved by the Trustees; 2) regular consideration by the Trustees of financial results, in particular variance from budget; and 3) Delegation of authority and segregation of duties.
Management Team
The Board of Trustees meets four times a year to agree key policy decisions, set the strategy for the charity and oversee its performance. At present the Board of Trustees has committee members/Chief Executive Office who are responsible for the day to day activities of the charity. None of the committee members is being remunerated.
Key Management Personnel and Remuneration Policy
Leszek Chylarecki (appointed 01 February 2021) Chief Executive Officer
The Board of Trustees together with the Chief Executive Officer are considered to be the key management personnel of the charity.
The Trustees give their time freely and no Trustee renumeration or expenses were paid during the year. Voluntary Help and Employees
The Trustees wish to record their thanks for the hard work of the charity’s staff team and the support of our much-valued volunteers who work across a range of roles including support, office and fundraising.
## Risk Management
The Trustees regularly review the risk management strategy in accordance with the requirements of the Statement of Recommended Practice on Accounting and Reporting by Charities.
Procedures are in place to ensure compliance with health and safety of staff, volunteers and visitors. Fundraising guidelines are issued to all volunteers and third-party supporters to ensure they comply with charity law, local authority and national regulations and to minimise risks to health and safety. The charity is registered with the Fundraising Regulator and complies with the Fundraising Code of Practice.
## Conflict of Interest Policy
The charity has adopted a conflict of interest policy applicable to all Trustees and Staff. This policy aims to protect the organisation and the individuals involved from any appearance of impropriety. All Trustees and Staff are asked to declare their interests and any gifts or hospitality received in connection with their role in the charity. A register of interests is kept and maintained. In accordance with the charity’s policy, Trustees are required to withdraw from decisions where a conflict of interest arises.
Page 5
**Like U Trustees Annual Report**
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
## Leszek Chylarecki
Leszek Chylarecki (Dec 11, 2022 12:59 GMT)
L. Chylarecki Trustee 11 December 2022
Page 6
**Like U Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Like U**
I report to the trustees on my examination of the financial statements of Like U for the year ended 13 February 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 this report in order to enable a proper understanding of the financial statements to be reached.
CPAA Solutions Accountancy & Bookkeeping Ltd 1 The Mews Little Brunswick Street Huddersfield
HD1 5JL
11 December 2022
Page 7
**Like U Statement of Financial Activities**
## **for the year ended 13 February 2022**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
**Total**
**Expenditure on:**
Raising funds
7
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net income**
10
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2022**|**2022**|**2022**|**2021**|
|||**£**|**£**|**£**|**£**|
|||||||
|||2,891|-|2,891|220|
|||123,064|46,586|169,650|82,857|
|||24,132|-|24,132|-|
|||15,300|2,400|17,700|6,417|
|||165,387|48,986|214,373|89,494|
|||||||
|||1,647|-|1,647|117|
|||22,555|-|22,555|3,632|
|||159,415|22,350|181,765|69,577|
|||183,617|22,350|205,967|73,326|
|||-|-|-|-|
|||(18,230)|26,636|8,406|16,168|
|||-|-|-|-|
|||(18,230)|26,636|8,406|16,168|
|||||||
|||(18,230)|26,636|8,406|16,168|
|||||||
|||16,668|(500)|16,168|-|
|||(1,562)|26,136|24,574|16,168|
|||||||
|||||||
|||||||
Page 8
**Like U Balance Sheet at 13 February 2022**
|**Charity No. 1187973**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors:**Amount falling due within one year
14
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
**Unrestricted funds**
15
General funds
**Reserves**
15
**Total funds**|**2022**
**£**
4,870
4,870
1,043
31,628
32,671
(12,967)
19,704
24,574
24,574
24,574
26,136
26,136
(1,562)
(1,562)
24,574|**2021**
**£**
1,200|
|---|---|---|
|||1,200
323
15,145|
|||15,468
(500)|
|||14,968
16,168|
|||16,168|
|||16,168|
|||(500)|
|||(500)
16,668|
|||16,668|
|||16,168|
Approved by the trustees on 11 December 2022
And signed on their behalf by:
## Leszek Chylarecki
Leszek Chylarecki (Dec 11, 2022 12:59 GMT)
L. Chylarecki Trustee 11 December 2022
Page 9
**Like U Statement of Cash flows for the year ended 13 February 2022**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Other gains/losses
Increase in trade and other receivables
Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2022**
**£**
8,406
2,298
(17,700)
-
(720)
12,967
5,251
(5,968)
17,700
11,732
-
16,983
15,145
32,128|**2021**
**£**
16,168
-
(6,417)
-
(323)
500|
|---|---|---|
|||9,928
(1,800)
6,417|
|||4,617|
||||
|||-|
||||
|||14,545|
|||-|
|||14,545|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|31,628|15,145|
||||
||31,628|15,145|
Page 10
**Like U Notes to the Accounts**
## **for the year ended 13 February 2022**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 if 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.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 11
**Like U Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Motor Vehicles 25% Straight Line Office Equipment 33% Straight Line
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 12
**Like U Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 13
## **Like U**
## **Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
**Total funds carried forward**
3
**Income from donations and legacies**
Donations
4
**Income from charitable activities**
Grant Income|**Unrestricted**
**£**
123,064
123,064|**Unrestricted**
**funds**
**2021**
**£**
220
36,857
6,417
43,494
117
1,782
24,927
26,826
16,668
16,668
16,668
16,668
**Unrestricted**
**£**
2,891
2,891
**Restricted**
**£**
46,586
46,586|**Restricted**
**funds**
**2021**
**£**
-
46,000
-
46,000
-
1,850
44,650
46,500
(500)
(500)
(500)
(500)
**Total**
**2022**
**£**
2,891
2,891
**Total**
**2022**
**£**
169,650
169,650|**Total funds**
**2021**
**£**
220
82,857
6,417|
|||||89,494
117
3,632
69,577|
|||||73,326|
|||||16,168|
|||||16,168|
|||||16,168|
|||||16,168|
|||||**Total**
**2021**
**£**
220|
|||||220|
|||||**Total**
**2021**
**£**
82,857|
|||||82,857|
Page 14
## **Like U**
## **Notes to the Accounts**
|5
**Income from other trading activities**
Restaurant Sales
Building Services Income
Workshop Income
Event Ticket Income
6
**Other income**
Other income (furlough)
Rental income
7
**Expenditure on raising funds**
_Costs of generating voluntary_
_income_
Advertising and Marketing
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Grant Income
_Governance costs_|**Unrestricted**
**£**
2,450
12,850
15,300|**Unrestricted**
**£**
22,408
825
210
689
24,132
**Restricted**
**£**
2,400
-
2,400|**Total**
**2022**
**£**
22,408
825
210
689
24,132
**Total**
**2022**
**£**
4,850
12,850
17,700|**Total**
**2021**
**£**
-
-
-
-|
|---|---|---|---|---|
|||||-|
|||||**Total**
**2021**
**£**
4,873
1,544|
|||||6,417|
||||||
|||**Unrestricted**
**£**
1,647
1,647
**Unrestricted**
**£**
-
21,357
1,198
22,555|**Total**
**2022**
**£**
1,647
1,647
**Total**
**2022**
**£**
-
21,357
1,198
22,555|**Total**
**2021**
**£**
117|
|||||117|
|||||**Total**
**2021**
**£**
1,666
1,966
-|
|||||3,632|
Page 15
## **Like U Notes to the Accounts**
9 **Other expenditure**
|Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
Independent Examiner's fee
11 **Staff costs**
Salaries and wages
Social security costs
Pension costs
No employee received emoluments in excess
12 **Tangible fixed assets**
**Cost or revaluation**
At 14 February 2021
Additions
At 13 February 2022
**Depreciation and**
**impairment**
At 14 February 2021
Depreciation charge for the
year
At 13 February 2022
**Net book values**
At 13 February 2022
At 13 February 2021|**Unrestricted**
**£**
90,521
2,223
60,652
2,298
3,288
433
159,415
of £60,000.|**Restricted**
**£**
21,007
1,261
-
-
82
-
22,350
**2022**
**£**
2,298
1,005
**2022**
102,830
1,933
1,732
106,495|**Total**
**2022**
**£**
111,528
3,484
60,652
2,298
3,370
433
181,765
**Office**
**Equipment**
**£**
1,800
2,468
4,268
600
1,423
2,023
2,245
1,200|**Total**
**2021**
**£**
32,522
6,854
26,909
600
1,908
784|
|---|---|---|---|---|
|||||69,577|
|||||**2021**
**£**
600
-
**2021**
27,421
1,705
856|
|||||29,982|
|||||**Total**
**£**
1,800
5,968|
|||**Motor**
**Vehicles**|||
|||**£**
-
3,500
3,500
-
875
875
2,625
-|||
|||||7,768|
|||||600
2,298|
|||||2,898|
|||||4,870|
|||||1,200|
Page 16
**Like U Notes to the Accounts**
## 13 **Debtors**
|Trade debtors
VAT recoverable
Other debtors
14 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred income
15 **Movement in funds**
**Restricted funds:**
**Restricted income funds:**
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**
16 **Analysis of net assets between funds**
Fixed assets
Net current assets||**2022**
**£**
1,043
-
-
1,043
**2022**
**£**
4,852
6,810
300||**2021**
**£**
-
173
150|
|---|---|---|---|---|
|||||323|
|||||**2021**
**£**
-
-
-|
|||1,005||-|
|||-||500|
||**At 14**
**February**
**2021**
(500)
(500)
16,668
16,168|12,967
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
48,986
48,986
165,387
214,373
**Unrestricted**
**funds**
**£**
4,870
(6,431)
(1,561)|**Resources**
**expended**
**£**
(22,350)
(22,350)
(183,617)
(205,967)
**Restricted**
**funds**
**£**
-
26,135
26,135|500|
|||||**At 13**
**February**
**2022**
**£**
26,136|
|||||26,136|
|||||(1,562)|
|||||24,574|
|||||**Total**
**£**
4,870
19,704|
|||||24,574|
Page 17
**Like U Notes to the Accounts**
## 17 **Reconciliation of net debt**
|**Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 14**
**February**
**2021**
**£**|**Cash flows**
**£**|**At 13**
**February**
**2022**
**£**|
||15,145|16,483|31,628|
||15,145
15,145|16,483
16,483|31,628|
||||31,628|
## 18 **Commitments**
## _**Operating lease commitments**_
Annual commitments under non-cancellable operating leases are as follows:
||**2022**|**2022**|**2021**|**2021**|
|---|---|---|---|---|
||**Land and**
**buildings**|**Other**|**Land and**
**buildings**|**Other**|
||**£**|**£**|**£**|**£**|
|Operating leases with expiry date:|||||
|**_Pension commitments_**|||||
|||**2022**||**2021**|
|||**£**||**£**|
|The pension cost charge to the charity|||||
|amounted to:||1,732||856|
Page 18
**Like U Detailed Statement of Financial Activities**
## **for the year ended 13 February 2022**
|**Income and endowments from:**
Donations and legacies
Donations
Charitable activities
Grant Income
Other trading activities
Restaurant Sales
Building Services Income
Workshop Income
Event Ticket Income
Other
Other income (furlough)
Rental income
**Total income and endowments**
**Expenditure on:**
Costs of generating donations and
legacies
Advertising and Marketing
**Total of expenditure on raising**
**funds**
Charitable activities
Grant Income
Governance costs
**Total of expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Employer's NIC
Pension costs|**Unrestricted**
**funds**
**2022**
**£**
2,891
2,891
123,064
123,064
22,408
825
210
689
24,132
2,450
12,850
15,300
165,387
1,647
1,647
1,647
-
21,357
21,357
1,198
1,198
22,555
83,768
1,933
1,732|**Restricted**
**funds**
**2022**
**£**
-
-
46,586
46,586
-
-
-
-
-
2,400
-
2,400
48,986
-
-
-
-
-
-
-
-
-
19,062
-
-|**Total funds**
**2022**
**£**
2,891
2,891
169,650
169,650
22,408
825
210
689
24,132
4,850
12,850
17,700
214,373
1,647
1,647
1,647
-
21,357
21,357
1,198
1,198
22,555
102,830
1,933
1,732|**Total funds**
**2021**
**£**
220|
|---|---|---|---|---|
|||||220|
|||||82,857|
|||||82,857|
|||||-
-
-
-|
|||||-|
|||||4,873
1,544|
|||||6,417|
|||||89,494
117|
|||||117|
|||||117
1,666
1,966|
|||||3,632|
|||||-|
|||||-|
|||||3,632
27,421
1,705
856|
Page 19
## **Like U**
## **Detailed Statement of Financial Activities**
|Staff training
Temporary staff
Motor and travel costs
Vehicles - General costs
Vehicles - Leasing and hire costs
Travel and subsistence
Business mileage costs
reimbursed
Premises costs
Rent
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of Motor Vehicles
Depreciation of Office
Equipment
Equipment expensed
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**|2,166
922
90,521
1,251
-
402
570
2,223
29,000
13,948
3,198
14,506
-
60,652
875
1,423
801
1,772
-
266
17
79
-
353
5,586
433
433
159,415
183,617
-
(18,230)
(18,230)|1,945
-
21,007
1,261
-
-
-
1,261
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
82
82
-
-
22,350
22,350
-
26,636
26,636|4,111
922
111,528
2,512
-
402
570
3,484
29,000
13,948
3,198
14,506
-
60,652
875
1,423
801
1,772
-
266
17
79
-
435
5,668
433
433
181,765
205,967
-
8,406
8,406|651
1,889|
|---|---|---|---|---|
|||||32,522|
|||||795
2,630
-
3,429|
|||||6,854|
|||||12,517
3,802
-
10,365
225|
|||||26,909|
|||||-
600
-
664
29
101
174
-
542
398|
|||||2,508|
|||||784|
|||||784|
||||||
|||||69,577|
|||||73,326
-|
|||||16,168|
|||||16,168|
Page 20
**Like U Detailed Statement of Financial Activities**
|**Like U**
**Detailed Statement of Financial Activities**|||||
|---|---|---|---|---|
|Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|-
(18,230)
16,668
(1,562)|-
26,636
(500)
26,136|-
8,406
16,168
24,574|-|
|||||16,168|
|||||-|
|||||16,168|
Page 21