2022-03-31-accounts - Lindley Educational Trust Limited

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Report ofthe trustees			1-7
Independent auditor's	report		8- 10
Statement offinancial	activities (IncorporatlnS	the Income and
expenditure account)
Balance sheet			12
Statement ofcash flows
Notes to the financial	statements

10 Independent auditorfs report to the trustees of Lindley Educational Trust Limited Audit PredUreS perfornied by tbe ets8w8et teakTA indts1. DiKussÈon5 managanent tLd tlwe rsponsible for legal cofflphance Prte$ the dtaorable company to obtsin sn undtrstsndti of the leg¥1 ¥nd re8u]aioo app]icable to the clxarttsble compani and how the than¢3ble company cornphe5 with that (rathew0 indudthg consMlettion of known or suspected iti$tgAces of non- cibmpiwEce with ITrF5 2nd re8v]ations attd ftsU. Revi48 mioutes of Tte£ meetJn8s" IdentiE)Thg gnd assessu the desigll effectivcoess o( controls dut has iti place to prevent and detect fraud a[ n(m.compltsnce laws al tioJx Challenpng assllmption$ and jud8anents ttjade b)" in theAr siwficant accountitig estimates. IdentiEpog and iestitig journal entties. in parmcubr #ay pun41 entties p)sted WAth unusual account cothbkoatxon$ or Ix)sled by senior l18e£nt. There are inhetent It"1105 irt the audit PnKedures desuibed knve xad the mote removed Aon-cornphance with lavis xnd tegulatsons is froth the events and trattsctioll5 redec¢ed IR the fin2ticd ststemen15. the less ]ikely we are io become awaie of it..4150. the tisk of Jxot detecting a Mat1 tix1sstako1t due to fla is hher th¥n the risk of not detetting one resuItti from error. a5 ftaud n]25 illvolve ddL"berAie concuknt by. Eoi exauLpl4 for8¢ry Of intentional thiswsentation4 or thro collusioJL A fithr desuipth)n of OUT resp1>17111eS ts aT%&blc on the Rtporting G)uDcil'5 website at www.frt.0.UkIgudl[or5/%uth't-s5UrAc¢/uth.[oT-$-$P0A$Ib1iIes-f9r-rh¢-2Ud1t-of-Ibe-fi1d¢XopIlOtt-0f-the-au&'t0os- ie5ponsibi]i¢ies-for. This dcscn"ptton foDn$ part of our a"10$ wotL Us• ol our roport This report is thade ¥olety to the chatitsbk compJofs manbet& as * Ixxlyj in accordance ChapteT 3 of Patt 16 of the Cotnpantes Acr 21KK). Our auth"¢ WO h25 Ixen ulldertsken $0 that we ll11 5tste ro ihe chritable COULpany'$ members those matters we are requId to slale to them tn an auth'torfs and for no other pwse. To the fullest exient pemiiiied by law.a0 noi accept orlssufflc rewosibth.ty toanyoneother th¥0 rhe chatitsble cornpsny and the challtable Cotnpaiiy's tnernlxrs as 2 body) for our audit wotL for this or for the Opinio we have fomied. Sitixon Bladv4 SenÈot Statutory.4uth"ior For and on b2halFof Hawsons Clwtercd AccountaDty Stxtutory Auditor Pegasus House 463a GEossop Road Sheffidd S102QD Date..

		Unrestricted	Restricted	Total	Total
	Note	funds	funds	2022	2021
Income from:
Donations and legacies		6,886	212,504	219@90	249,596
Goveuunent grants		78,212	68,175	146887	338,201
Chantable activities
Courses and training		973/84		973~	205,825
Investments					509
Total income		1,058,422	280,679	1/39&101	794,131
Expenditure om
Raising 6mds	5	7,726		7,726	13/95
Chautable activities		1,032,614	249,685	1,282,299	991,103
Total expenditute		1,040340	249,685	1,290,025	1,004,398
Net income/(expendinue)		18,082	30,994	49,076	(210367)
Net movement in funds before uunsfets		18,082	30,994	49&076	(210,267)
Transfer between funds
Net movement in funds		18,082	30,994	49,076	(210~7)
Fund balances brought fonvard at 1Apnl 2021		1,185,642	143,694	M29f36	1,539,603
Fund balances cerned forward at 31Match 2022		1203,724	174,688	I&378,412	1,329336

		Note	2022	2021
Fixed assets
Tanyble assets		9	1452,653	1,462,512
Current assets
Stocks Debtors		10 11	1,850 219,533	1,376 125,605
Cash at bank and in	hand		457,931	374~5
			679414	501,216
Creditors: amounts	falling due within one year	12	(414,419)	(296,596)
Net current assets			264,895	204,620
Total assets less current liabilities			1,617,548	1,667,132
Creditors: amounts	falling due after more than one year
Long term loan Pmvisions for liabilities		12 13	(2223568) (16,568)	(312,945) (24,851)
			(239,136)	(337,796)
Net assets			13378,412	1,329,336
Income funds
Umestncted funds Restricted funds		14 15	1/033724 1743688	1,185,642 1433694
			1,333,432	1,321',334

				2022	2021
Cash flows kom operating	activities
Net cash provided by opemting activities				169,929	(94,280)
Cash flows from investing	activities
Proceeds I'rom sale oftangible fixed assets 'Purchase oftangible fixed assets				(15429)	2,892 (57,706)
Net cash used in investing	activities			(15,329)	(54,814)
Cash flows from financing	activities
Receipt ofloan					195,000
Interest on loan				13,773
Repayment ofloan				(84,677)
Net cash used in financing	activities			(?0,904)	195,000
Change in cash and cash equivalents		in the	reporting period	83,696	45,906
Cash and cash equivalents	at the beginning		ofthe teporting period	374,235	328329
Cash and cash equivalents	at the end	ofthe	reporting period	457,931	374/35

2022	2021
40	509

				Activities	for
					Young
				Young	people
	Basis of		Matheting aud	people of school	post school			2022	2021
	allocation		fundraising	age	age	Community		Total	Total
			A'	A'				A'
Costs directly agocased to
activities
Staffcmu Freelance				244,726	178495	21,074		444,295	474,044
consultancy Hollowford		Direct		78,973	57,G00	6,801		1431374	21,141
fonlnilg costs Motor vehicles and		Direct		12364	9,018	1,064		22,446	9,491
travel 0ther direct costs Audit		Direct Direct Direct		21,717 73,496	15,840 53,606	1,870 6429	?gl0	39&427 133,431 ?,310	18,055 39,064 7,122
Support costs
Establishment Staffcosts Professional fcm Office costs Public liability		Usage Tltnc Usage Usage	7,72G	52,069 112,179 5,162 13379	37,978 81,820 3,765 9,758	4,484 9,6GO 445 1,152		94,531 211&385 9&372 24~9	5?$45 203,251 2,144 21,823
nlsufancc Depreciation General cosa Profit in sale of		Usage Usage Usage		6,310 68,955 5300	4,602 50295 3,865	543 5,938 456		11,455 125,188 9,621	9,134 128,784 3,429
Sxed asset Bank Charges	Transaction Tfansscuoil			7,657	5485	G59		13,901	(2,892I 12763
Total resources expended			7,726	702287	512227	60,475	7,310	1~&025	1,004398
Total expenditure	includes:							2022	2021
Auditor's remunemtion Depreciation:								7810	7,122
Tangible lixed assets,		owned						125,188	128,784
Other operating	lease	rentals						14493	14,096

Staffc	osts during the year were as follows:
		2022	2021
Wages Social	and salaries secunty costs	586,626 39,462	614,343 37,518
Other	pension costs	29,518	25,434
		655,606	677295

TsnSlble titted assets
	Fteehold	Funuture
	land and	arid	Motor
	buBdings	equipment	vehicles	Total
Cost
At 1Apdl 2021 Additions	2,664,781 872	524,405 14,457	108,797	3297,983 15329
Disposals
At 31March 2022	2,665,653	538,862	108,797	3,313312
Depreciation
At 1Apdl 2021	1,279,543	483,012	72,916	1,835,471
Pmvided in the year	97,663	15,984	11,541	125,188
Depreciation on disposal
A.t31March 2022	1377,206	498,996	84,457	1960,659
Net book amount at 31March 2022	1',447	39&866	24440	L352&653
Net book amount at 31March 2021	1385,238	41,393	35,881	1,462,512
All tangible hxed assets were used for charitable pmposes.

		2022	2021
Goods for re-sale		1,850	1376
Debtors
		2022	2021
Trade debtors		126&007	48,683
Prepayments	and accrued income	93,526	76,922
		219433	125,605

		2022	2021
Trade cfeslttors Social security and other taxes Other txeditots and deferted income Current portion oflong-tenn loan Pension contributions Accruals		36,925 12,966 250,143 88,711 4,475 21,199	8,065 10,989 187,589 69438 3,651 17,064
		414,419	296,396

		Total
At 31March 2020 Income Expenditure Transfer from restricted At 31March 2021 Income	funds	1,452485 542755 (814,398) 2,500 1,185,642 1,058,422
Exp euditme Transfer f'rom restncted	funds	(1,040,340)
At 31March 2022		1,203,724

		Ashton	Pitsmoor
	Rank	Youth	Youth
2021	Foundation	Chlb	Chib	COVID-19	Other	Total
Balance at 1April 2020 Income Expenditure Capital Expenditure	49,980 49,688 (51,705)	18,379 65,089 (21,460)	18,959 12,464 (9,016)	107,819 (107,819)	13,816 l&2500	87,318 248,876 (190,000) ~2500
At 31 March 2021	47,963	62,008	22,407		11@16	143,694
		Ashton	Pitsmoor
	Rank	Youth	Youth
	Foundation	Club	Chib	Other	Total
Balance at 1Apnl 2021 Income Expenditure Capital Expenditure	47,963 39,358 (44,498)	62,008 157,969 (166,560)	22,407 83352 (38,627)	11,316	143,694 280,679 (249,685)
At 31 March 2022	42,823	53,417	67&132	11,316	174,688

Reconciliation ofchanges in resources to net cash inflow	from oiserating a	ctivities
		2021
Net movement in funds Depreciation oftangible 6xed assets (increase)/ decrease in stocks (increase)/ decrease in debtors (Decrease)/ increase in creditors exduding the long-term loan (Decrease) in provisions Pro6t on disposal of6xed assets Net cash provided by operating activities	49,076 125&188 (474) (93,928) 98450 (8,283) 169,929	(210,267) 128,784 2,175 158,193 (161,989) (8,284) ~2,502 (94,280)

follows:
	Land and	Land and
	buildings	buildings	Other	Other
		2021	2022	2021
Within one year	6@00		4,177	10,705
Between one and five years	31,500		761	3,306
Over five years	88,079
	125,879		4,938	14,011

		Restricted	Untestticted
		funds	Funds
Fund balances st 31March 2022 are represented	by:
Tangible Bred assets			1,352,653	M529653
Current assets		174,688	504,626	679414
Current liabtTrties Long term liabiTities			(414,419) (414,419) ~223399,.173366~223399,,3333
Total net assets		174,688	1703,724	1@78,412
		Restricted	Unrestricted
		funds	Funds	Total
Fund balances at31 March 2021 are represented	by:
Tangible Bxed assets Cunent assets		143,694	1,462,512 357,522	1,462,512 50L216
Cunent habtTrties Long term liabilities			(296,596) ~337796	(296,596) ~337,7
Total net assets		143,694	1,185,642	1@29436

			2021
Amounts	due within one year	88,711	69438
Amounts	due between one and Bve years	222,568	312,945
Amounts	due in over Bve years
Total liability		311~9	382,183