| Page | |||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent examiner's |
report to the trustees | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | E | F | |||||
| Income and endowments | |||||||
| Donations and legacies |
2,655 | 9,199 | 11,854 | 46,281 | |||
| Charitable activities |
26,206 | 26,206 | 53,148 | ||||
| Other trading activities |
8,377 | 8,377 | 6,760 | ||||
| Investment income |
5 | 5 | 101 | ||||
| Other income | 1,311 | 1,311 | 22,968 | ||||
| Total income | 38,554 | 9,199 | 47,753 | 129,258 | |||
| Expenditure | |||||||
| Charitable activities |
9 | (77,459) | (20,443) | (97,902) | (108,029) | ||
| Total expenditure | (77,459) | (20,443) | (97,902) | (108,029) | |||
| Net (expenditure)/income | before | transfer of | |||||
| funds | (38,905) | (11,244) | (50,149) | 21,229 | |||
| Transfers between |
funds | (6,691) | 6,691 | ||||
| Net movement in funds |
(45,596) | (4,553) | (50,149) | 21,229 | |||
| Reconciliation of |
funds | ||||||
| Total funds brought | forward | 93,134 | 17,213 | 110,347 | 89,118 | ||
| Total funds carried forward | 47,538 | 12,660 | 60,198 | 110,347 |
| 31 March 202 | 2 | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Tangible fixed assets | 14 | 1,559 | 472 | ||||
| Current assets | |||||||
| Debtors | 15 | 14,632 | 8,478 | ||||
| Cash at bank and | in | hand | 49,386 | 108,684 | |||
| 64,018 | 117,162 | ||||||
| Creditors: Amounts | falling due within | ||||||
| one year | 16 | (5,379) | (7,287) | ||||
| Net current assets | 58,639 | 109,875 | |||||
| Total assets less | current liabilities | 60,198 | 110,347 | ||||
| Funds ofthe charity | |||||||
| Restricted funds |
12,660 | 17,213 | |||||
| Unrestricted funds |
47,538 | 93,134 | |||||
| Total charity funds | 60,198 | 110,347 |
| over the u | seful economic life | ofthat asset as follow | s: |
|---|---|---|---|
| Fixtures 8 | fittings | 33%straight | line |
| Computer | equipment | 33%straight | line |
| Equipment | 33%straight | line |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| F | E | ||||
| Donations | |||||
| Donations | 2,655 | 699 | 3,354 | ||
| Grants | |||||
| Grants | 8,500 | 8,500 | |||
| Local authority | coronavirus | support | |||
| 2,655 | 9,199 | 11,854 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| F | F | ||||
| Donations | |||||
| Donations | 531 | 531 | |||
| Grants | |||||
| Grants | 10,000 | 10,250 | 20,250 | ||
| Local authority | coronavirus | support | 25,500 | 25,500 | |
| 36,031 | 10,250 | 46,281 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||||
| F | ||||||||
| Big Lottery Fund | ||||||||
| Acorn activities | 26,206 | 26,206 | ||||||
| 26,206 | 26,206 | |||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| F | ||||||||
| Big Lottery Fund | 47,192 | 47,192 | ||||||
| Acorn activities | 5,956 | 5,956 | ||||||
| 5,956 | 47,192 | 53,148 | ||||||
| 6. | Other trading | activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| F | ||||||||
| Fundraising | events | 227 | 227 | |||||
| Affiliation | fees | 30 | 30 | |||||
| Building | income | 8,150 | 8,150 | 6,730 | 6,730 | |||
| 8,377 | 8,377 | 6,760 | 6,760 | |||||
| 7. | Investment | income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| F | ||||||||
| Bank interest | 5 | 5 | 101 | 101 | ||||
| 8. | Other income | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| F | ||||||||
| Furlough | income | 1,311 | 1,311 | 22,968 | 22,968 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||||
| Salaries | 33,957 | 15,548 | 49,505 | |||||
| Training, | recruitment | and | expenses | 156 | 156 | |||
| Sundry activity costs |
8,120 | 8,120 | ||||||
| Rent and | rates | 13,692 | 4,500 | 18,192 | ||||
| Electricity | 5,402 | 5,402 | ||||||
| Telephone | 1,857 | 1,857 | ||||||
| Insurance | 4,910 | 4,910 | ||||||
| Repairs and | renewals | 2,091 | 2,091 | |||||
| Office costs | 2,939 | 304 | 3,243 | |||||
| Sundries | 1,127 | 1,127 | ||||||
| Depreciation | 606 | 606 | ||||||
| Volunteer | expenses | 91 | 91 | |||||
| Governance | costs (see | below) | 2,602 | 2,602 | ||||
| 77,459 | 20,443 | 97,902 | ||||||
| Analysis | of | governance | costs: | |||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | funds | 2022 | ||||||
| Independent | examination | fees - current year | 2,602 | 2,602 | ||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | funds | 2021 | ||||||
| E | ||||||||
| Salaries | 22,968 | 47,413 | 70,381 | |||||
| Training, | recruitment | and | expenses | 69 | 994 | 1,063 | ||
| Sundry activity costs |
2,017 | 2,017 | ||||||
| Rent and | rates | 8,296 | 9,358 | 17,654 | ||||
| Electricity | 3,185 | 3,185 | ||||||
| Telephone | 2,358 | 2,358 | ||||||
| Insurance | 4,164 | 4,164 | ||||||
| Repairs and | renewals | 1,010 | 1,010 | |||||
| Office costs | 2,682 | 2,682 | ||||||
| Sundries | 278 | 278 | ||||||
| Depreciation | 76 | 76 | ||||||
| Volunteer | expenses | 559 | 559 | |||||
| Governance | costs (see | below) | 2,602 | 2,602 | ||||
| 47,023 | 61,006 | 108,029 | ||||||
| Analysis | of | governance | costs: | |||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | funds | 2021 | ||||||
| Independent | examination | fees - current year | 2,602 | 2,602 |
| 10. | Net (expenditure)/income | Net (expenditure)/income | ||||||
|---|---|---|---|---|---|---|---|---|
| Net (expenditure)/income | is stated after | charging/(crediting): | ||||||
| 2022 | 2021 | |||||||
| Depreciation | of tangible | fixed assets | 606 | 76 | ||||
| Operating lease costs |
18,000 | 15,000 | ||||||
| 11. | Independent | examination | fees | |||||
| 2022 | 2021 | |||||||
| Fees payable | to the independent examiner |
for: | ||||||
| Independent | examination | ofthe financial | statements | 2,602 | 2,602 |
| The total staff costs and employee benefits for the |
reporting period are analysed as follows: |
|
|---|---|---|
| 2022 | 2021 | |
| Wages and salaries | 47,436 | 67,210 |
| Social Security costs | 230 | 1,673 |
| Other pension costs | 1,839 | 1,498 |
| 49,505 | 70,381 |
| 14. | Tangible | fix | ed asset | s | |||
|---|---|---|---|---|---|---|---|
| Fixtures and | Computer | ||||||
| fittings | equipment | Equipment | Total | ||||
| f. | |||||||
| Cost | |||||||
| At 1 April | 2021 | 6,861 | 6,196 | 894 | 13,951 | ||
| Additions | 1,693 | 1,693 | |||||
| At 31 March | 2022 | 6,861 | 7,889 | 894 | 15,644 | ||
| Depreciation | |||||||
| At 1 April | 2021 | 6,861 | 5,724 | 894 | 13,479 | ||
| Charge for the year | 606 | 606 | |||||
| At 31 March | 2022 | 6,861 | 6,330 | 894 | 14,085 | ||
| Carrying | amount | ||||||
| At 31 March | 2022 | 1,559 | 1,559 | ||||
| At 31 March | 2021 | 472 | 472 | ||||
| 15. | Debtors | ||||||
| 2022 | 2021 | ||||||
| Prepayments | and accrued income | 14,632 | 8,478 | ||||
| 16. | Creditors: | Amounts | falling due within one year | ||||
| 2022 | 2021 | ||||||
| Accruals | 5,379 | 7,287 |
| Analysis ofc | ha | ritable |
funds | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||||
| Apr 2021 | Income | Expenditure | Transfers | 31 Mar 2022 | ||||
| F | F | F | F | |||||
| Unrestricted | funds | |||||||
| General funds | 82,373 | 38,554 | (77,459) | 4,070 | 47,538 | |||
| Designated - |
Lift fund | 10,761 | (10,761) | |||||
| 93,134 | 38,554 | (77,459) | (6,691) | 47,538 | ||||
| Restricted funds | ||||||||
| Big Lottery Reaching | ||||||||
| Communities | Fund - 2015-2020 | 12,830 | (16,214) | 3,384 | ||||
| Digital Inclusion | Project | 6,199 | (304) | (1,693) | 4,202 | |||
| Lift fund | 5,000 | 5,000 | ||||||
| NCC Strong and | Well | 2,925 | (2,925) | |||||
| Groundwork | 1,000 | (1,000) | ||||||
| GYBC Foodcom | 2,000 | 2,000 | ||||||
| Big Knit | 696 | 696 | ||||||
| Little Acorns Community | Fund | |||||||
| (NCF) | 12 | 12 | ||||||
| Fuller Revenue | Fund (NCF) | 750 | 750 | |||||
| 110,347 | 47,753 | (97,902) | 60,198 | |||||
| Balance at 1 | Balance at | |||||||
| Apr 2020 | Income | Expenditure | Transfers | 31 Mar 2021 | ||||
| F | F | F | F | |||||
| Unrestricted | funds | |||||||
| General funds | 57,580 | 71,816 | (47,023) | 82,373 | ||||
| Designated - |
Lift fund | 10,761 | 10,761 | |||||
| 68,341 | 71,816 | (47,023) | 93,134 | |||||
| Restricted funds | ||||||||
| Big Lottery Reaching | ||||||||
| Communities | Fund - 2015-2020 | 17,144 | 47,192 | (51,506) | 12,830 | |||
| NCC Strong and | Well | 2,925 | 2,925 | |||||
| Big Knit | 696 | 696 | ||||||
| Little Acorns Community | Fund | |||||||
| (NCF) | 12 | 12 | ||||||
| Fuller Revenue | Fund (NCF) | 750 | 750 | |||||
| Active Norfolk | 9,500 | (9,500) | ||||||
| 89,118 | 129,258 | (108,029) | 110,347 |
| Analysis of net as | sets between funds |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| F | ||||
| Tangible fixed assets | 1,559 | 1,559 | ||
| Current assets | 51,358 | 12,660 | 64,018 | |
| Creditors less than | 1 year | (5,379) | (5,379) | |
| Net assets | 47,538 | 12,660 | 60,198 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| F | E | |||
| Tangible fixed assets | 472 | 472 | ||
| Current assets | 95,621 | 21,541 | 117,162 | |
| Creditors less than | 1 year | (2,959) | (4,328) | (7,287) |
| Net assets | 93,134 | 17,213 | 110,347 |
| Operating | lea | se commit | ments | ||||
|---|---|---|---|---|---|---|---|
| The total | future | minimum | lease payments | under non-cancellable | operating | leases are as | follows: |
| 2022 | 2021 | ||||||
| Not later than | 1 year | 18,000 | 3,125 | ||||
| Later than | 1 year and not | later than 5years | 54,600 | ||||
| 72,600 | 3,125 |