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|||||||Page|
|---|---|---|---|---|---|---|
|Reference|and administrative||details ofthe charitable|company,|its Trustees and||
|advisers|||||||
|Chairman's|statement||||||
|Trustees'|report|||||3-15|
|Independent
auditors'||report|on the financial statements|||16 - 19|
|Statement|offinancial|activities||||20|
|Balance sheet||||||21|
|Statement|ofcash flows|||||22|
|Notes to the financial||statements||||23-45|
##
##
##
|Trustees|||Deborah Southwick,||Chair|
|---|---|---|---|---|---|
||||Warwick Best, CoVice Chair|||
||||Karen Cane, CoVice Chair|||
||||Steve Smith, Treasurer|||
||||Nicolas Ellis|||
||||Salma Kali (resigned||7 December 2021)|
||||Mary Smith|||
|Company|registered|||||
|number|||00533714|||
|Charity registered||||||
|number|||214212|||
|Registered||office|2 Oak Spinney Park|||
||||Ratby Lane|||
||||Leicester Forest East|||
||||Leicester|||
||||LE33AW|||
|Company|secretary||Steve Smith|||
|Chief executive officer|||Zoheb Shariff|||
|Independent||auditors|Magma Audit LLP|||
||||Chartered
Accountants|||
||||Unit 2, Charnwood|Edge Business Park||
||||Syston Road|||
||||Cossington|||
||||Leicestera hire|||
||||LE74UZ|||
|Bankers|||Bank of Scotland|||
||||14Friar Lane|||
||||Leicester|||
||||LE1 5RA|||
||||COIF Charities
Deposit Fund|||
||||80Cheapside|||
||||London|||
||||EC2V 6DZ|||
|Investment||advisors|Brewin Dolphin|||
||||Two Colton Square|||
||||Leicester|||
||||LE1 1QF|||
||||M&G Charity Department|||
||||PO Box9038|||
||||Chelmsford|||
||||CM99 2XF|||
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|E|E|E|E|
|Income from:|||||||
|Donations
and legacies||4|65,717|46,731|112,448|311,987|
|Charitable
activities||5|49,792|1,570,203|1,619,995|1,420,695|
|Other trading
activities||6||1,337|1 337|2298|
|Investments||7||2,879|2,879|2,993|
|Total income|||115,609|1,621,150|1,736,659|1,737,974|
|Expenditure
on:|||||||
|Raising funds||||1,200|1,200|1,200|
|Charitable
activities||10|100,930|1,400,710|1,501,640|1,314,055|
|Total expenditure|||100,930|1,401,910|1,502,840|1,315,255|
|Net income before|net gains on||||||
|investments|||14,579|219,240|233,819|422,719|
|Net gains on investments||15||11,782|11,782|39,800|
|Net income|||14,579|231,022|245,601|452,519|
|Transfers
between funds||18|(1,726)|1,726|||
|Net movement
in funds|||12,853|232,748|245,601|462,519|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||152,650|1,481,243|1,633,893|I,171,374|
|Net movement
in funds|||12,853|232,748|245,601|452519|
|Total funds carried forward||18|165,503|1,713,991|1,879,494|1,533,893|
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|||FOR TH|E YEAR ENDED 31 MARCH 202|2||
|---|---|---|---|---|---|
|||||2022|2021|
||||||5|
|Cash flows from operating||activities||||
|Net cash|used
in operating|activities||198,427|417,047|
|Cash flows from investing||activities||||
|Dividends,|interests and rents from investments|||2,879|2,993|
|Purchase|oftangible
fixed assets|||(9,081)|(23,233)|
|Proceeds|from sale of investments|||22,526|34,393|
|Purchase|of investments|||(21,326)|(33,193)|
|Net cash|used in investing|activities||(5,002)|(19,040)|
|Cash flows from financing||activities||||
|Net cash|provided
by financing
activities|||||
|Change
in cash and cash||equivalents
in|the year|193,425|398,007|
|Cash and|cash equivalents|at the beginning|ofthe year|631,453|233,446|
|Cash and|cash equivalents|at the end of|the year|824,878|631,453|
|The notes|on pages 23to 45 form part ofthese financial statements|||||
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|||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|funds|
|||||||2022|2022f|2022|2021|
||Liberty,|Advocacy||and|Voice|36,000|181,323|217,323|183,759|
||Colton Care||||||467,106|467,106|373,123|
||Creating|Opportunities|||-activity groups and|||||
||leisure|||||13,792|569,008|582,800|552,845|
||Direct Payments|||Support Service|||352,766|352,766|310,969|
||Total 2022|||||49,792|1,570,203|1,619,996|1,420,696|
||Total 2021|||||584,845|835,851|1,420,696||
|6.|Income|from other trading activities||||||||
||Income|from fundraising
events||||||||
||||||||Unrestricted|Total|Total|
||||||||funds|funds|funds|
||||||||2022|2022|2021|
||||||||6||E|
||Training|and|other income||||1,337|1,337|2298|
||Total 2021||||||2,298|2,298||
|7.|Investment||income|||||||
||||||||Unrestricted|Total|Total|
||||||||funds|funds|funds|
||||||||2022|2022|2021f|
||Listed investments||||||2,879|2,879|2,993|
||Total 2021||||||2,993|2,993||
##
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##
##
|||||Grant|Grant||||
|---|---|---|---|---|---|---|---|---|
||||Direct|funding|of|Support|Total|Total|
||||costs|activities||costs|funds|funds|
||||2022|2022||2022|2022|2021|
||||6||5||6|6|
|Liberty,|Advocacy|and Voice|120,940|||22,531|143,471|133,374|
|Colton Care|||361,245|||74,723|455,968|395,602|
|Creating|Opportunities||491,575|||117,374|608,949|517,776|
|Direct Payments||Support|||||||
|Service|||230,313|||50,226|280,541|247,172|
|County|COVID-19 grant|||||||13,611|
|Other expenditure||||||376|376|6,520|
|Mosaic|Better World|||12,335|||12,335||
|Total2022|||1,224,073|12,335||265,232|1,501,640|1,314,055|
|Total 2021|||1,070,026|||244,029|1,314,055||
##
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##
|||||||Direct|
|---|---|---|---|---|---|---|
||||Liberty,|||Payments|
||||Advocacy||Creating|Support|
||||and Voice|Colton Care|Opportunities|Service|
||||2022|2022|2022|2022|
||||6|6|E||
|Staff|costs||107,923|362,361|377,869|211,110|
|Other|direct|costs|13,017|18,884|113,706|19,203|
|Total|2022||120,940|381,245|491,575|230,313|
|Total|2021||109,219|335,023|431,302|180,871|
||||County|||
|---|---|---|---|---|---|
||||COVID-19|Total|Total|
||||grant|funds|funds|
||||2022|2022|2021|
|||||6|8|
|Staff|costs|||1,059,263|982 787|
|Other|direct|costs||164,810|87,239|
|Total|2022|||1,224,073|1,070,028|
|Total|2021||13,511|1,070,028||
##
##
##
##
||||||||Direct|
|---|---|---|---|---|---|---|---|
|||||Liberty,|||Payments|
|||||Advocacy||Creating|Support|
|||||and Voice|Colton Care|Opportunities|Service|
|||||2022|2022
6|2022
f|2022
6|
|Staff costs||||8,055|26,700|43,724|18,724|
|Depreciation||||2,340|7,766|11,909|5,094|
|Other support||costs||5,522|18,316|28,092|12,016|
|Legal and professional|||fees|532|1,766|2,708|1,158|
|Other premises costs||||1,320|4,378|6,714|2,872|
|Insurance||||849|2,816|4,319|1,848|
|Equipment|costs|||2,268|7,524|11,539|4,936|
|Irrecoverable||VAT||1,054|3,496|5,362|2,294|
|Governance||||591|1,961|3,007|1,286|
|Total 2022||||22,531|74,723|117,374|50,228|
|Total 2021||||24,155|60,579|88,474|66,301|
||||||Other|Total|Total|
||||||expenditure|funds|funds|
||||||2022|2022|2021|
||||||6||Z|
|Staff costs||||||97,203|114,118|
|Depreciation|||||376|27,485|27,485|
|Other support||costs||||63,946|35,695|
|Legal and professional|||fees|||6,164|1,214|
|Other premises costs||||||15,284|23,042|
|Insurance||||||9,832|8,613|
|Equipment|costs|||||26,267|18,383|
|Irrecoverable||VAT||||12,206|10,441|
|Governance||||||6,845|5,038|
|Total 2022|||||376|265,232|244,029|
|Total 2021|||||S,520|244,029||
##
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##
##
||||2022
6|2021f|
|---|---|---|---|---|
|Grants paid to institutions|||||
|Arden RDA Group|||6,600||
|Leicester|Children's|Holiday's|2,000||
|Messy Senses|||1,175||
|Sharma|Womens Centre||500||
|Vacuwax|Limited||2,000||
|Other|||60||
||||12,335||
##
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##
|||||Restricted|Unrestricted|||
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total|Total|
|||||2022|2022|2022|2021|
|||||6|5|E||
|Liberty, Advocacy|and Voice|||20,358|123,113|143,471|133,374|
|Colton Care||||14,336|441,632|455,968|395,602|
|Creating
Opportunities||||65,860|543,089|608,949|517,776|
|Direct Payments|Support|Service|||280,541|280,541|247,172|
|County COVID-19 grant|||||||13,611|
|Other expenditure||||376||376|6,520|
|Mosaic Better World|||||12,335|12,335||
|Total 2022||||100,930|1,400,710|1,501,640|1,314,055|
|Total 2021||||65,689|1,248,356|1,314,055||
|Summary
by expenditure||type||||||
||||Staff costs|Depreciation|Other costs|Total|Total|
||||2022|2022|2022|2022|2021|
||||6|6|6|6|S|
|Liberty, Advocacy|and Voice||115,978|2,340|25,153|143,471|133,374|
|Colton Care|||389,061|7,766|59,141|455,968|395,602|
|Creating
Opportunities|||421,593|11,909|175,447|608,949|517,776|
|Direct Payments|Support|||||||
|Service|||229,834|5,094|45,613|280,541|247,172|
|County COVID-19 grant|||||||13,611|
|Other expenditure||||376||376|6,520|
|Mosaic Better World|||||12,335|12,335||
|Total 2022|||1,156,466|27,485|317,689|1,501,640|1,314,055|
|Total 2021|||1,09S,905|27,485|189,6S5|1,314,055||
##
##
##
##
||||2022f|2021|
|---|---|---|---|---|
|Wages and|salaries||1,094,038|1,024,809|
|Social security costs|||60,225|48,325|
|Contribution|to defined contribution|pension schemes|2,203|23,771|
||||1,156,466|1,095,905|
|The aver|age
number ofpersons employed
by the ch|aritable
company
during the year was as fo|llows;|
|---|---|---|---|
|||2022|2021|
|||No.|No.|
|Average|employees|86|90|
||||2022|2021||
|---|---|---|---|---|---|
||||Number|Number||
||||Employed
Voluntary|Employed|Voluntary|
|Dole|||9|10||
|Leisure services|||1|1||
|Creatmg|Opportunibes||30|34||
|Advocacy|||6|5||
|Self Directed||Support Sennces|11|11||
|Colton Care|||25|26||
|Recepbon|||1|||
|Management||and administration|3|||
|||||90||
##
##
##
##
##
##
||Freehold|Plant and|Fixtures and|Computer||
|---|---|---|---|---|---|
||property|machinery|fittings|equipment|Total|
||E|E||E|E|
|Cost or valuation||||||
|At 1 April 2021|844,735|115,502|51,137|127,502|1,138,876|
|Additions|||7,665|1,416|9,081|
|At 31 March 2022|844,735|115,502|58,802|128,918|1,147,957|
|Depreciation||||||
|At 1 April 2021|183,144|11,197|18,408|123,273|336,022|
|Charge for the year|16,893|3,850|3,529|3,213|27,485|
|At 31 March 2022|200,037|15,047|21,937|126,486|363,507|
|Net book value||||||
|At 31 March 2022|644,698|100,455|36,865|2,432|784,450|
|At 31ll4erch 2021|661,591|104,305|32,729|4,229|802,854|
##
##
##
|The tangible|fixed assets are used in the following
dep|artments:||
|---|---|---|---|
|||Depreciation|Net book|
|||charge
6|value
E|
|Aspire and holidays||3,857|100,533|
|LCC Capital|Grant|376|3,380|
|Management|and Administration|23,077|678,966|
|Advocacy||||
|Self Directed|Support|175|1,571|
|||27,485|784,450|
||Listed|
|---|---|
||investments|
||6|
|Market value||
|At 1 April 2021|215,343|
|Additions|21,326|
|Disposals|(22,526)|
|Revaluations|11,782|
|At 31 March 2022|225,925|
##
##
##
|16.|Debtors|||NOTE
FOR|S TO THE FINANCIAL STATEM
THE YEAR ENDED 31 MARCH|ENTS
2022||
|---|---|---|---|---|---|---|---|
|||||||2022|2021f|
||Trade debtors|||||83,921|85,187|
||Other debtors||||||1,606|
||Prepayments
and accrued income|||||83,303|67,857|
||Tax recoverable||||||150|
|||||||167,224|154,780|
|17.|Creditors: Amounts|||falling due|within one year|||
|||||||2022f|2021f|
||Trade creditors|||||31,239|20,745|
||Other taxation and|social security||||30,916|45,556|
||Other creditors|||||7,772|5,411|
||Accruals and deferred|||income||44,593|57,820|
|||||||114,520|129,532|
|||||||2022f|2021|
||Deferred income at||1|April 2021||31,665|17,267|
||Resources deferred||during the year|||8,182|31,665|
||Amounts
released|from previous|||periods|(31,665)|(17,257)|
|||||||8,182|31,665|
##
##
##
##
|Statement offunds - cu|rrent year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at 1|||Transfers|Gains/|31 March|
||April 2021|Income|Expenditure|In/out|(Losses)|2022|
||6|F|6|6|8||
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Reserve fund|261,864|||88,136|-|350,000|
|Property
fund|46,237||(256)|-|-|45,981|
|Sensory room fund|24,086||(1,728)|-|-|22,358|
||332,187||(1,984)|88,136|-|418,339|
|General funds|||||||
|Unrestricted
funds|510,549|1,621,150|(1,415,573)|(86,410)|11,782|641,498|
|Property assets|679,512||(16,895)|||662,617|
|Pension reserve|(41,005)||32,542|-|-|(8,463)|
||1,149,056|1,621,150|(1,399,926)|(86,410)|11,782|1,295,652|
|Total Unrestricted|||||||
|funds|1,481,243|1,621,150|(1,401,910)|1,726|11,782|1,713,991|
|Restricted funds|||||||
|LCC Capital Grants|3,756||(376)|||3,380|
|LCC Group Advocacy|15,017|36,000|(20,357)|||30,660|
|Narrowboat
Donations|104,305|47|(3,897)|||100,455|
|Bungalow|28,371|55,126|(61,863)|(1,726)||19,908|
|Leicestershire
County|||||||
|Council||14,336|(14,336)||||
|Openwork
Foundation||10,000||||10,000|
|Childrens'
Short Breaks|101||(101)||||
|Solar panel donations|1,100|||||1,100|
||152,650|115,509|(100,930)|(1,726)||165,503|
|Total offunds|1,633,893|1,736,659|(1,502,840)||11,782|1,879,494|
##
##
##
|Statement offunds|- prior y|ear|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Gainsl|31March|
|||1Apri/2020|Income
f|Expenditure
f|(Losses)f|2021f|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Reserves fund||261,864||||261,864|
|Properly
fund||46,237||||46,237|
|Sensory room fund||25,000||(914)||24,086|
|||333,101||(914)||332,187|
|General funds|||||||
|Unrestricted
funds||66,090|1,643,992|(1,239,333)|39,800|510,549|
|Property assets||696,411||('I6,899)||679,512|
|Pension reserve||(48,585)||7,580||(41,005)|
|||7'/3, 916|1,S43,992|(1,248,652)|39,800|1,149,056|
|Total Unrestricted|funds|1,047,017|1,643,992|(1,249,566)|39,800|1,481,243|
|Restricted funds|||||||
|LCC Capital Grants||10,276||(6,520)||3,756|
|LCC Group Advocacy||4,725|32,000|(21,708)||15,017|
|Narrowboat
donations||108,155|2,500|(6,350)||104,305|
|Bungalow|||45,871|(17,500)||28,371|
|Children's
Short Breaks||101||||101|
|Solar panel donations||1,100||||1,100|
|COVID-19grant|||13,611|(13,611)|||
|||124,357|93,982|(65,689)||152,S50|
|Total offunds||1,171,374|1,737,974|(1,315,255)|39,800|1,633,893|
##
##
##
##
##
##
##
##
##
##
|Analysis ofnet assets between funds
Analysis ofnet assets between funds - current year||||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022
6|2022f|
|Tangible fixed assets|103,913|680,537|784,450|
|Fixed asset investments||225,925|225,925|
|Current assets|73,194|918,908|992,102|
|Creditors due within one year|(11,604)|(102,916)|(114.520)|
|Provisions for liabilities and charges||(8,463)|(8,463)|
|Total|165,503|1,713,991|1,879,494|
|Analysis of net assets between funds - prior year||||
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2021
f|2021
f|2021
5|
|Tangible fixed assets|108,147|694,707|802,854|
|Fixed asset investments||215,343|215,343|
|Current assets|47,688|738,545|786,233|
|Creditors due within one year|(3,185)|(126,347)|(129,532)|
|Provisions for liabilities and charges||(41,005)|(41,005)|
|Total|152,650|1,481,243|1,633,893|
##
##
##
##
||||||||2022f|2021
6|
|---|---|---|---|---|---|---|---|---|
||Net income for the year (as per Statement|||||of Financial Activities)|245,601|462,519|
||Adjustments
for:||||||||
||Depreciation
charges||||||27,485|27,485|
||Gains on investments||||||(11,782)|(39,800)|
||Dividends,
interests|and rents from|||investments||(2,879)|(2,993)|
||Decrease/(increase)||in debtors||||(12,444)|11,254|
||Decrease
in creditors||||||(15,012)|(33,838)|
||Pension movement||||||(32,542)|(7,580)|
||Net cash provided|by operating|||activities||198,427|417,047|
|21.|Analysis ofcash and|||cash equivalents|||||
||||||||2022|2021|
||||||||6|6|
||Cash in hand||||||824,878|631,453|
||Total cash and cash||equivalents||||824,878|531,453|
##
|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2021|Cash flows|2022|
|||||||||6|
|Cash|at|bank|and|in|hand|631,453|193,425|824,878|
|||||||631,453|193,425|824,878|
##
##
##
##
##
|Present|value|ofprovision||||
|---|---|---|---|---|---|
|||||31 March|31March|
|||||2022|2021|
||||||5|
|Present|value|ofprovision||8,463|41,005|
|Reconciliation||ofopening|and closing provisions:|||
|||||31 March|31Mamh|
|||||2022|2021|
|Opening|provision|||41,005|48,585|
|Unwinding
of||discount factor (interest expense)||236|1,092|
|Deficit contributions
paid||||(10,377)|(10,074)|
|Change|in assumptions|||(195)|1,402|
|Amendments||to contributions||(22,206)||
|Closing|provision|||8,463|41,005|
##
##
|The am|ount|recognised
in the statement
offinancial
a|ctivities are as follows:||
|---|---|---|---|---|
||||31 INarch|31Mamh|
||||2022
6|2021f|
|Interest|expense||236|1,092|
|Change|in assumptions||(195)|1,402|
|Amendments||to contributions|(22,206)||
|Total|||(22,165)|2,494|
||||31 March|31Mamh|
|---|---|---|---|---|
||||2022|2021|
|||'A|per annum|%per annum|
|Rate|ofdiscount||2.35|0.66|
##
|under|no|n-cancellable
operating
leases as follows.|||
|---|---|---|---|---|
||||2022f|2021|
|Within|1|year|11,141|11,204|
|Between||1 and 5years|2,910|14,050|
|After|more than 5years|||364|
||||14,051|25,618|
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