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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers|1-2|
|Trustees'
report||||3-13|
|Independent
auditor's|report|on the financial statements||14-17|
|Statement offinancial|activities|||18|
|Balance sheet||||19-20|
|Statement ofcash flows||||21|
|Notes to the financial|statements|||22-41|
##
##
|Trustees|||Amy Rutland,|Chair|Chair|Chair|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Angela Stuart,|Trustee|||||||||
||||Audrey Emmett,|||Trustee|||||||
||||Bridget Crow,|Trustee (appointed|||||28 April 2020)||||
||||Keith Smith, Trustee||||(appointed|28 April|||2020)||
||||Lynda Holding,||Trustee (appointed||||28|April 2020, resigned 20August 2020)|||
||||Amanda
Rackley,|||Trustee (appointed||||28 April 2020)|||
|Company|registered||||||||||||
|number|||12263702||||||||||
|Charity registered|||||||||||||
|number|||1188118||||||||||
|Registered||office|Foresters
Hall||||||||||
||||Meeting Street||||||||||
||||Ramsg ate||||||||||
||||Kent||||||||||
||||CT119RT||||||||||
|Key management|||Chief Executive||Officer - Jason|||Gerlack|||||
|personnel|||Strategic Operations||||Manager|Adult/||Children||Day Services and Projects - Karen|
||||Loughrill||||||||||
||||Strategic Operations||||Manager|Housing|||8 Community - Sue Beaumont||
|Independent||auditor|MHA Maclntyre||Hudson||||||||
||||Maidstone||||||||||
||||United
Kingdom||||||||||
|Solicitors|||Robinson
Allfree||||||||||
||||17-25Cavendish|||Street|||||||
||||Ramsgate||||||||||
||||Kent||||||||||
||||CT11 9AL||||||||||
||||Girlings Solicitors||||||||||
||||Stourside Place||||||||||
||||Station Road||||||||||
||||Ashford||||||||||
||||Kent||||||||||
||||TN23 1PP||||||||||
|Bankers|||Lloyds Bank Pic||||||||||
||||The Centre||||||||||
||||Cecil Square||||||||||
||||Margate||||||||||
||||Kent||||||||||
||||CT9 1JG||||||||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|E|E|||
|Income from:|||||||
|Donations
and legacies|||2,823,206|396,830|3,220,036||
|Charitable
activities|||1,899,960|112,641|2,012,601||
|Other trading
activities|||1 273||1,273||
|Investments|||20||20||
|Total income|||4,724,459|509,471|5,233,930||
|Expenditure
on:|||||||
|Raising funds||10|512||512||
|Charitable
activities||11|2,262,693|121,539|2,384,232|1,537|
|Total expenditure|||2,263,205|121,539|2,384,744|1,53?|
|Net movement
in funds|||2,461,254|387,932|2,849,186|(1,537)|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||(1,53T)||(1,537)||
|Net movement
in funds|||2,461,254|38T,932|2,849,186|(1,537)|
|Total funds carried forward|||2,459,717|387,932|2,847,649|(1,537)|
##
||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note||f.|||
|Fixed assets||||||||
|Tangible assets|||||3,106,457||192,000|
||||||3,106,457||192,000|
|Current assets||||||||
|Debtors|||17|487,379||||
|Cash at bank and in hand||||636,548||10,163||
|||||1,123,927||10,163||
|Creditors: amounts|falling due within one|||||||
|year|||18|(325,447)||(203,700)||
|Net current assets I(liabilities||)|||798,480||(193,537)|
|Creditors: amounts|falling due after more|||||||
|than one year|||19||(1,057,288)|||
|Total net assets|||||2,847,649||(1,537)|
|Charity funds||||||||
|Restricted funds|||20||387,932|||
|Unrestricted
funds|||20||2,459,717||(1,537)|
|Total funds|||||2,847,649||(1,537)|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash used
in operating||activities|||739,313|(37)|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed assets|||||(17,649)|(192,000)|
|Interest received|||||20||
|Net cash used in investing||activities|||(17,629)|(192,000)|
|Cash flows from financing||activities|||||
|Cash inflows from new borrowing||||||202,200|
|Repayments
of borrowing|||||(95,299)||
|Net cash (used in)/provided||by financing||activities|(95,299)|202,200|
|Change
in cash and cash||equivalents|in|the year|626,385|10,163|
|Cash and cash equivalents|at the beginning|||ofthe year|10,163||
|Cash and cash equivalents||at the end|of|the year|636,548|10,163|
|The notes on pages 22 to41 form part ofthese financial statements|||||||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021f|2021f|2021f|2020|
|Donations||2,781,610|396,830|3,178,440||
|Government|grants|41,596||41,596||
|Total 2021||2,823,206|396,830|3,220,036||
|Total 2020||||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
|||||F||F|E|
|Income|from|charitable|activities|1,899,960|112,641|2,012,601||
##
|Income from c|haritable|activities|||
|---|---|---|---|---|
||||2021|2020|
||||E||
|KCC|||1,008,466||
|Housing
benefit|||404,320||
|Direct payments|from members||216,423||
|Grants (note?)|||253,908||
|Transport|||2,997||
|Rent from residents|||29,477||
|Rent from leased buildings|||4,500||
|Local Authority|Funding|(non KCC)|88,722||
|Other|||3,788||
||||2,012,601||
##
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|||||2021|2020|
|---|---|---|---|---|---|
|Groundwork
UK||||500||
|National
Lottery Community
Fund||- GOLD||97,780||
|The National
Lottery Coronavirus||Community|Support Fund|28,892||
|KCC - Infection Control|Grant|||45,450||
|South Kent Coast &Thanet Strategic Grant||||12,041||
|Ashford and Canterbury|Coastal Strategic Grant|||8,259||
|Swale Borough Council|Grant|||500||
|Julia 8 Hans Rausing Trust Grant||||41,215||
|KCC Workforce Capacity Fund||||10,672||
|Pfizer - Virtual Isolation|Club Grant|||1,000||
|Sport England Tacking|Inequalities|Grant||3,399||
|Community
Confidence|Project Grant|||4,200||
|||||253,908||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|Fundraising|events|1,207|1,207||
|Social events||66|66||
|Total 2021||1,273|1 273||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021f|2020
E|
|Deposit|account|interest||20||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021f|2020
E|
|Fundraising|event|expenses|512|512||
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||F||E||
|Cost|ofcharitable|activities|2,262,693|121,539|2,384,232|1,537|
|Total|2020||1,537||1,537||
##
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||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2021
E|2021|2021f|2020|
|Cost|ofcharitable|activities|2,367,652|16,580|2,384,232|1,537|
|Total|2020||37|1,500|1,537||
##
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|||||Cost of|||
|---|---|---|---|---|---|---|
|||||charitable|Total|Total|
|||||activities|funds|funds|
|||||2021f|2021
f,|2020|
|Staff costs||||1,939,961|1,939,961||
|Depreciation||||68,660|68,660||
|Rates and water||||11,671|11,671||
|Insurance||||19,334|19,334||
|Light and heat||||34,703|34,703||
|Telephone,|postage||&stationery|22,461|22,461||
|Advertising||||1,649|1,649||
|Sundries||||11,459|11,459||
|Computer expenses||||51,363|51,363||
|Tenants share of utilities||||11,429|11,429||
|Vehicle &transport|||costs|33,809|33,809||
|Room hire||||7,702|7,702||
|Repairs 8 renewals||||43,598|43,598||
|Cleaning
8|housing||facilities|17,984|17,984||
|Activities||||12,817|12,817||
|Training||||118|118||
|Professional|fees|||19,915|19,915||
|Legal fees||||12,789|12,789||
|Interest payable||and|similar charges|43,214|43,214|37|
|Bad debts||||3,016|3,0'I6||
|Total 2021||||2,367,652|2,367,652|37|
|Total 2020||||37|37||
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||||Governance|Total|Total|
|---|---|---|---|---|---|
||||costs|funds|funds|
||||2021f|2021f|2020|
|Auditor's
remuneration|||16,580|16,580|1,500|
|Total 2020|||1,500|1,500||
|Auditor's
remuneration||||||
|||||2021|2020|
|Fees payable|to the Company's|auditor|for the audit ofthe Company's|||
|annual accounts||||10,500||
|Fees payable|to the Company's|auditor|in respect of:|||
|All non-audit|services not included above|||6,080|1,500|
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||||2021f|2020|
|---|---|---|---|---|
|Wages and|salaries||1,769,650||
|Social security costs|||136,858||
|Contribution|to defined contribution|pension schemes|33,453||
||||1,939,961||
||||2021|2020|
|---|---|---|---|---|
||||No.|No.|
|Productive|staff||95||
|Administrative||staff|26||
||||121||
|2021|2020|
|---|---|
|No.|No.|
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|||Freehold|Motor|Fixtures and||
|---|---|---|---|---|---|
|||property
f.|vehicles
f|fittings
E|Total|
|Cost or valuation||||||
|At 31 March 2020||192,000|||192,000|
|Additions||||17,649|17,649|
|Transfer
in from charitable|trust|3,480,023|14,945|103,569|3,598,537|
|At 30 March 2021||3,672,023|14,945|121,218|3,808,186|
|Depreciation||||||
|Charge for the year||56,042|35|12,583|68,660|
|Transfer
in from charitable|trust|572,878|14,771|45,420|633,069|
|At 30 March 2021||628,920|14,806|58,003|701,729|
|Net book value||||||
|At 30 March 2021||3,043,103|139|63,215|3,106,457|
|At 30March 2020||192,000|||192,000|
##
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|||2021|2020|
|---|---|---|---|
|Due within one year||||
|Trade debtors||345,080||
|Other debtors||53,327||
|Prepayments|and accrued income|88,972||
|||487,379||
##
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||||2021|2020|
|---|---|---|---|---|
||||f.||
|Bank loans|||133,189||
|Trade creditors|||30,864||
|Other taxation|and social security||42„610||
|Pension
fund loan payable|||8,264||
|Other creditors|||3313|202,200|
|Accruals and deferred||income|107,207|1,500|
||||325,447|203,700|
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|Statement off|un|ds|- current|year|||||
|---|---|---|---|---|---|---|---|---|
|||||Balance at||||Balance at|
|||||30 March|||Transfers|30March|
|||||2020|Income
f|Expenditure
f|in/out
F|2021|
|Unrestricted
funds|||||||||
|General Fund||||(1,537)|1,905,988|(2,202,182)|2„757,448|2,459,717|
|Housing
Fund|||||1,127,759|(61,023)|(1,066,736)||
|Isle ofSheppey|Merger||||1,690,712||(1,690,712)||
|||||(1,537)|4,724,459|(2,263,205)||2,459,717|
|Restricted funds|||||||||
|Housing
Property||Fund|||196,305|(3,376)||192,929|
|Thanet Community|||Fund||12,278|(1,278)||11,000|
|Sheppey Community|||Fund||9,561|(763)||8,798|
|Canterbury
Fund|||||17,780|(3,638)||14,142|
|Big Lottery Fund|-|GOLD|||130,043|(62,274)||67,769|
|KCC - Children|&Youth||||78,816|(18,322)||60,494|
|Valuing People|Now||||63,757|(31,888)||31,869|
|Complex Needs|||||931|||931|
||||||509„471|(121,539)||387,932|
|Total offunds||||(1,537)|5,233,930|(2,384,744)||2,847,649|
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|Analysis|ofn|et assets between
funds - current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021f|2021
E|
|Tangible|fixed|assets|2,931,751|174,706|3,106,457|
|Current|assets||910,701|213,226|1,123,927|
|Creditors|due|within one year|(325,447)||(325,447)|
|Creditors|due|in more than one year|(1,057,288)||(1,057,288)|
|Total|||2,459,717|387,932|2,847,649|
|Analysis|ofn|et assets between funds -prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||E||
|Tangible|fixed|assets|192,000|192,000|
|Current|assets||10,163|10,163|
|Creditors|due|within one year|(203,700)|(203,700)|
|Total|||(1,537)|(1,537)|
##
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||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||E|
||Net
income/expenditure
for|||the|year|(as||per|Statement|of Financial|||
||Activities)||||||||||2,849,186|(1,537)|
||Adjustments
for:||||||||||||
||Depreciation
charges||||||||||68,660||
||Interest received||||||||||(20)||
||Increase
in debtors||||||||||(487,379)||
||Increase
in creditors||||||||||1,274,334|1,500|
||Transfer oftangible|fixed assets|||||||||(2,965,468)||
||Net cash provided|by/(used||in) operating|||activities||||739,313|(37)|
|23.|Analysis ofcash and||cash equivalents||||||||||
||||||||||||2021|2020|
||Cash in hand||||||||||636,548|10,163|
||Total cash and cash||equivalents||||||||636,548|10,163|
|24.|Analysis ofchanges||in net debt||||||||||
||||At 30March||At 30 March|
|---|---|---|---|---|---|
||||2020|Cash flows|2021|
||||||F|
|Cash|at bank and|in hand|10,163|626,385|636,548|
|Debt|due within
1|year||(141,453)|(141,453)|
|Debt|due after 1 year|||(1,057,288)|(1,057,288)|
||||10,163|(572,356)|(562,193)|
##
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##
|cancellable|o|perating
leases as follows:|
||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Not later than||1 year|270||
|Later than|1 year and not later than 5years||1,080||
|Later than|5years||3,240||
||||4,590||
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