## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

||2022|2021|
|---|---|---|
||E|6|
|Net assets|2,281,892|2,166,804|
|Less:|||
|Fixed assets|1,923,516|1,909,565|
|Restricted funds|3,966|24,706|
|Reserves available|354,410|232,533|



## 

## 



## 

## 

## 

## 



## 



## 

## 

## 



## 

## 

## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations<br>and legacies|||300,441|35,359|335,800|495,946|
|Charitable<br>activities|||||||
|Centre Operations|||558,884||558,884|239,840|
|Other trading activities|||78,811||78,811|56,935|
|Investment<br>income|||100||100|173|
|Total|||938,236|35,359|973,595|792,894|
|EXPENDITURE ON|||||||
|Raising funds|||41,205||41,205|18,465|
|Charitable<br>activities|||||||
|Centre Operations|||761,497|55,781|817,278|721,593|
|Other|||24||24||
|Total|||802,726|55,781|858,507|740,058|
|NET INCOME/(EXPENDITURE)|||135,510|(20,422)|115,088|52,836|
|Transfers between funds||21|551|(551)|||
|Net movement<br>in funds|||136,061|(20,973)|115,088|52,836|
|RECONCIUATION<br>OF FUNDS|||||||
|Total funds brought forward|||2,142,098|24,706|2,166,804|2,113,968|
|TOTAL FUNDS CARRIED FORWARD|||2,278,159|3,733|2,281,892|2,166,804|





## 

|||2022|2021|
|---|---|---|---|
||Notes|E|E|
|FIXEDASSETS||||
|Tangible assets|15|1,923,516|1,909,565|
|CURRENTASSETS||||
|Stocks|16|8,234|7,293|
|Debtors|17|37,621|26,510|
|Cash at bank and in hand||353,207|256,997|
|||399,062|290,800|
|CREDITORS||||
|Amounts<br>falling due within one year|18|(40,686)|(33,561)|
|NET CURRENT ASSETS||358,376|257,239|
|TOTAL ASSETSLESSCURRENT LIABILITIES||2,281,892|2,166,804|
|NET ASSETS||2,281,892|2,166,804|
|FUNDS|21|||
|Unrestricted<br>funds||2,278,160|2,142,098|
|Restricted funds||3,732|24,706|
|TOTAL FUNDS||2,281,892|2,166,804|





## 



## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|E|E|
|Cash flows from operating|activities|||||
|Cash generated<br>from operations||||158,366|76,443|
|Interest paid||||(24)||
|Net cash provided<br>by operating<br>activities||||158,342|76,443|
|Cash flows from investing|activities|||||
|Purchase oftangible fixed|assets|||(62,132)|(4,667)|
|Net cash used<br>in investing|activities|||(62,132)|(4,667)|
|Change<br>in cash and cash equivalents||in the||||
|reporting<br>period||||96,210|71,776|
|Cash and cash equivalents|at the beginning of|||||
|the reporting<br>period||||256,997|185,221|
|Cash and cash equivalents|at the end|ofthe||||
|reporting<br>period||||353,207|256,997|





||RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
||Net income forthe reporting||period (as per the Statement of Financial|||
||activities)|||115,088|52,836|
||Adjustments<br>for:|||||
||Depreciation<br>charges|||48,181|42,821|
||Interest paid|||24||
||(Increase)/decrease|in stocks||(941)|954|
||(Increase)/decrease|in debtors||(11,111)|6,154|
||Increase/(de«rease)in<br>creditors|||7,125|(26,322)|
||Net cash provided|by operations||158,366|76,443|
|2.|ANALYSIS OF CHANGES IN NET FUNDS|||||



||At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|---|
||E|E|E|
|Net cash||||
|Cash at bank and in hand|256,997|96,210|353,207|
||256,997|96,210|353,207|
|Total|256,997|96,210|353,207|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|DONATION|S<br>AND LEGACIES|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||f|E|E|E|
|Donations||79,611|1|79,612|77,472|
|Grants||125,182|35,358|160,540|337,794|
|Sponsored|events|35,073||35,073|20,254|
|Freshwater|Parish Council donation|40,000||40,000|40,000|
|Totland<br>Parish Council donation||10,000||10,000|10,000|
|Yarmouth|Parish Council donation|7,575||7,575|7,426|
|Shalflect Parish Council donation||3,000||3,000|3,000|
|||300,441|35,359|335,800|495,946|





## 

## 

## 

## 

||2022|2021|
|---|---|---|
||E|6|
|Wight Aid||7,315|
|Community<br>Connector|35,358|28,000|
|State Aid Grant|24,500|26,089|
|Corona Hub||2,000|
|CAIW Community<br>Resilience||9,475|
|National<br>Emergencies<br>Trust||13,200|
|Connect 4Communities||10,000|
|Third Sector Lifeline (IWC 5000)||38,467|
|Clinically<br>Extremely<br>Vulnerable||5,256|
|National<br>Lottery Covid Response Grant||9,700|
|Isle ofWight Council DEFRA||3,000|
|Coronavirus<br>Job Retention Support|47,082|185,292|
|Community<br>Leisure Recovery Fund Sport England|53,600||
||160,540|337,794|



## 

|OTHER TRADING ACTIVITIES|||||
|---|---|---|---|---|
||||2022|2021|
||Unrestricted|Restricted|Total|Tota I|
||funds|funds|funds|funds|
||E|E|E|E|
|Cafe sales|27,043||27,043|13,848|
|Retail sales|13,596||13,596|4,251|
|Leased rentals|18,987||18,987|17,479|
|Car parking income|10,678||10,678|13,984|
|Other activities|8,507||8,507|7,373|
||78,811||78,811|56,935|





## 

## 

## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
|Investment||interest|||100||100|173|
|INCOME FROM CHARITABLE ACTIVITIES|||||||||
||||||||2022|2021|
|||||Activity|||E|E|
|Memberships||and|centre fees|Centre Operations|||502,137|216,586|
|Room hire||||Centre Operations|||56,747|23,254|
||||||||558,884|239,840|
|RAISING FUNDS|||||||||
|Raising donations|||and legacies||||||
||||||||2022|2021|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
|Fund raising||expenses|||3,400||3,400|3,117|
|Other trading activities|||||||||
||||||||2022|2021|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
|Purchases|||||26,530||26,530|12,718|
|Staff costs|||||10,829||10,829|2,617|
|Cafe expenses and|||equipment||446||446|13|
||||||37,805||37,805|15,348|
|Aggregate|amounts||||41,205||41,205|18,465|



## 

## 



## 

## 

## 

## 

## 

## 

|CHARITABLE|AC|TIVITI|ES COSTS||||
|---|---|---|---|---|---|---|
||||||Grant||
||||||funding of||
|||||Direct|activities||
|||||Costs (see|(see note||
|||||note 8)|9)|Totals|
|||||E|E|E|
|Centre Operations||||810,529|6,749|817,278|
|DIRECT COSTSOF CHARITABLE ACTIVITIES|||||||
||||||2022|2021|
||||||E|E|
|Staff costs|||||505,524|457,394|
|Other operating||leases|||1|1|
|Rates and water|||||9,838|9,767|
|Insurance|||||22,757|15,620|
|Light and heat|||||55,467|50,390|
|Telephone|||||2,662|2,988|
|Postage and stationery|||||2,685|2,163|
|Advertising|||||370|991|
|Sundries|||||3,994|6,769|
|Chlorine and acid|||||7,773|3,497|
|Covid Support|Costs||||531|12,167|
|Centre activities|||||26,833|44,183|
|Training|||||7,078|600|
|Cleaning and waste disposal|||||7,775|4,311|
|Repairs and renewals|||||36,491|28,035|
|Irrecoverable|VAT||||40,132|18,415|
|Subscriptions|||||12,063|7,418|
|Bank charges|and interest||||4,603|2,015|
|Accountancy|||||5,982|6,378|
|Legal and professional|||fees||9,466|4,270|
|Bad debts|||||323||
|Depreciation|||||48,181|42,821|
||||||810,529|720,193|





## 

## 

## 

## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Centre Operations|||||6,749|1,400|
|The total grants|paid to|institutions||during the year was as follows:|||
||||||2022|2021|
||||||E|E|
|Our Place|||||6,749||
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||is|stated|after charging/(crediting):|||
||||||2022|2021|
||||||E|E|
|Depreciation<br>-owned assets|||||48,181|42,821|
|Other operating|leases||||1|1|
|TRUSTEES' REMUNERATION|||AND|BENEFITS|||



## 

## 

|STAFF COS|TS|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
|Wages and|salaries|||498,828|440,119|
|Social security costs||||17,525|19,892|
|||||516,353|460,011|
|)he average monthly||number of employees|during the year was as follows:|||
|||||2022|2021|
|Charitable|activities|||46|57|





## 

## 

## 

## 

||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||f|E|E|
|INCOME AND ENDOWMENTS||FROM||||
|Donations<br>and legacies|||394,208|101,738|495,946|
|Charitable<br>activities||||||
|Centre Operations|||239,840||239,840|
|Other trading activities|||56,935||56,935|
|Investment<br>income|||173||173|
|Total|||691,156|101,738|792,894|
|EXPENDITURE ON||||||
|Raising funds|||18,465||18,465|
|Charitable<br>activities||||||
|Centre Operations|||623,345|98,248|721,593|
|Total|||641,810|98,248|740,058|
|NET INCOME|||49,346|3,490|52,836|
|Transfers between|funds||4,464|(4,464)||
|Net movement<br>in funds|||53,810|(974)|52,836|
|RECONCILIATION<br>OF FUNDS||||||
|Total funds brought|forward||2,088,288|25,680|2,113,968|
|TOTAL FUNDS CARRIED FORWARD|||2,142,098|24,706|2,166,804|





## 

## 

|TANGIBLE FIXEDASSE|TS||||
|---|---|---|---|---|
|||Improvements|||
||Long|to|Plant and||
||leasehold<br>f|property<br>f|machinery<br>f|Totals<br>f|
|COST|||||
|At 1April 2021|2,481,435|116,950|579,234|3,177,619|
|Additions|||62,132|62,132|
|Disposals|||(40,000)|(40,000)|
|At 31March 2022|2,481,435|116,950|601,366|3,199,751|
|DEPRECIATION|||||
|At 1April 2021|808,673|2,248|457,133|1,268,054|
|Charge for year|16,399|1,124|30,658|48,181|
|Eliminated<br>on disposal|||(40,000)|(40,000)|
|At 31March 2022|825,072|3,372|447,791|1,276,235|
|NET BOOK VALUE|||||
|At 31March 2022|1,656,363|113,578|153,575|1,923,516|
|At 31March 2021|1,672,762|114,702|122,101|1,909,565|
|STOCKS|||||
||||2022|2021|
||||E|f|
|Stocks|||8,234|7,293|
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||||f|f|
|Trade debtors|||9,564|5,740|
|Other debtors|||5,775|8,722|
|VAT||||699|
|Prepayments|||22,282|11,349|
||||37,621|26,510|



## 



## 

## 

## 

## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Trade creditors||||||11,245|6,045|
|Social security and other taxes||||||5,820|5,912|
|VAT||||||679||
|Other creditors||||||1,269||
|Deferred|income|||||14,393|12,941|
|Accrued|expenses|||||7,280|8,663|
|||||||40,686|33,561|
|LEASING|AGREEMENTS|||||||
|Minimum|lease payments|under non-cancellable|operating|leases fall due as follows:||||
|||||||2022|2021|
|||||||f|f|
|Within one year||||||1|1|
|Between|one and five years|||||4|4|
|In more|than five years|||||96|97|
|||||||101|102|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||||
|||||||2022|2021|
||||Unrestricted||Restricted|Total|Total|
||||funds||funds|funds|funds|
|||||f|f|f|f|
|Fixed assets|||1,923,516|||1,923,516|1,909,565|
|Current|assets||395,330||3,732|399,062|290,800|
|Current|liabilities||(40,686)|||(40,686)|(33,561)|
||||2,278,160||3,732|2,281,892|2,166,804|





## 

## 

|MOVEMENT<br>IN FUN|DS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.22|
|||6|6|E|6|
|Unrestricted<br>funds||||||
|General fund||93,532|183,692|(72,581)|204,643|
|Fixed asset fund||1,909,566|(48,181)|62,132|1,923,517|
|Contingency<br>fund||139,000||11,000|150,000|
|||2,142,098|135,511|551|2,278,160|
|Restricted funds||||||
|Defibrillator||234||(234)||
|Southern<br>Housing Group||9,404|(9,404)|||
|Community<br>Connector||4,710|(3,739)||971|
|Kick Out The Calories||2,761|||2,761|
|Connect4 Communities||5997|(5,680)|(317)||
|Isle ofWight Council|DEFRA|1,600|(1,600)|||
|||24,706|(20,423)|(551)|3,732|
|TOTAL FUNDS||2,166,804|115,088||2,281,892|
|Net movement<br>in funds, included||in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|6|E|
|Unrestricted<br>funds||||||
|General fund|||938,236|(754,544)|183,692|
|Fixed asset fund||||(48,181)|(48,181)|
||||938,236|(802,725)|135,511|
|Restricted funds||||||
|Southern<br>Housing Group||||(9,404)|(9,404)|
|Community<br>Connector|||35,359|(39,098)|(3,739)|
|Connect4 Communities||||(5,680)|(5,680)|
|Isle ofWight Council|DEFRA|||(1,600)|(1,600)|
||||35,359|(55,782)|(20,423)|
|TOTAL FUNDS|||973,595|(858,507)|115,088|





## 

## 

||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.20|in funds|funds|31.3.21|
|||E|E|6|E|
|Unrestricted|funds|||||
|General fund||1,569|92,166|(203)|93,532|
|Fixed asset fund||1,947,719|(42,820)|4,667|1,909,566|
|Contingency|fund|139,000|||139,000|
|||2,088,288|49,346|4,464|2,142,098|
|Restricted funds||||||
|Wight Aid|||2,190|(2,190)||
|Defibrillator||234|||234|
|Southern<br>Housing Group||10,574|(1,170)||9,404|
|Community|Connector|12,111|(7,401)||4,710|
|Kick Out The Calories||2,761|||2,761|
|Connect4 Communities|||7,984|(1,987)|5,997|
|Third Sector|Lifeline (IWC 5000)||287|(287)||
|Isle ofWight|Council DEFRA||1,600||1,600|
|||25,680|3,490|(4,464)|24,706|
|TOTALFUNDS||2,113,968|52,836||2,166,804|





## 

||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted<br>funds||||||
|General fund|||691,155|(598,989)|92,166|
|Fixed asset fund|||1|(42,821)|(42,820)|
||||691,156|(641,810)|49,346|
|Restricted funds||||||
|Wight Aid|||7,315|(5,125)|2,190|
|Southern<br>Housing|Group||1|(1,171)|(1,170)|
|Community<br>Connector|||28,000|(35,401)|(7,401)|
|Connect4 Communities|||10,000|(2,016)|7,984|
|Third Sector Lifeline||(IWC 5000)|38,466|(38,179)|287|
|National<br>Lottery Covid Response Grant|||9,700|(9,700)||
|Isle ofWight Council||DEFRA|3,000|(1,400)|1,600|
|Clincally Extremely|Vulnerable||5,256|(5,256)||
||||101,738|(98,248)|3,490|
|TOTAL FUNDS|||792,894|(740,058)|52,836|
|Unrestricted<br>Funds||||||



## 



## 

## 

## 

## 



|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||6|E|6|E|
|INCOME AND ENDOWMENTS||||||
|Donations and legacies||||||
|Donations||79,611|1|79,612|77,472|
|Grants||125,182|35,358|160,540|337,794|
|Sponsored events||35,073||35,073|20,254|
|Freshwater<br>Parish|Council donation|40,000||40,000|40,000|
|Totland<br>Parish Council donation||10,000||10,000|10,000|
|Yarmouth<br>Parish|Council donation|7,575||7,575|7,426|
|Shalfleet Pansh Council donation||3,000||3,000|3,000|
|||300,441|35,359|335,800|495,946|
|Other trading activities||||||
|Cafe sales||27,043||27,043|13,848|
|Retail sales||13,596||13,596|4,251|
|Leased rentals||18,987||18,987|17,479|
|Car parking income||10,678||10,678|13,984|
|Other activities||8,507||8,507|7,373|
|||78,811||78,811|56,935|
|Investment<br>income||||||
|Investment<br>interest||100||100|173|
|Charitable<br>activities||||||
|Memberships<br>and|centre fees|502,137||502,137|216,586|
|Room hire||56,747||56,747|23,254|
|||558,884||558,884|239,840|
|Total incoming resources||938,236|35,359|973,595|792,894|
|EXPENDITURE||||||
|Raising donations|and legacies|||||
|Fund raising expenses||3,400||3,400|3,117|
|Other trading activities||||||
|Purchases||26,530||26,530|12,718|
|Carried forward||26,530||26,530|12,718|





## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E|E|E|E|
|Other trading activities||||||
|Brought forward||26,530||26,530|12,718|
|Wages||10,829||10,829|2,617|
|Cafe expenses and equipment||446||446|13|
|||37,805||37,805|15,348|
|Charitable<br>activities||||||
|Wages||440,410|47,589|487,999|437,502|
|Social security||17,525||17,525|19,892|
|Other operating<br>leases||1||1|1|
|Rates and water||9,838||9,838|9,767|
|Insurance||21,963|794|22,757|15,620|
|Light and heat||55,467||55,467|50,390|
|Telephone||2,662||2,662|2,988|
|Postage and stationery||2,685||2,685|2,163|
|Advertising||370||370|991|
|Sundries||3,875|119|3,994|6,769|
|Chlorine and acid||7,773||7,773|3,497|
|Covid Support Costs|||531|531|12,167|
|Centre activities||26,833||26,833|44,183|
|Training||7,078||7,078|600|
|Cleaning<br>and waste disposal||7,775||7,775|4,311|
|Repairs and renewals||36,491||36,491|28,035|
|Irrecoverable<br>VAT||40,132||40,132|18,415|
|Subscriptions||12,063||12,063|7,418|
|Bank charges and interest||4,603||4,603|2,015|
|Accountancy||5,982||5,982|6,378|
|Legal and professional|fees|9,466||9,466|4,270|
|Bad debts||323||323||
|Depreciation<br>oftangible fixed assets||48,181||48,181|42,821|
|Grants to institutions|||6,749|6,749||
|Grants to individuals|||||1,400|
|||761,496|55,782|817,278|721,593|
|Other||||||
|HMRC interest payable||24||24||
|Total resources expended||802,725|55,782|858,507|740,058|
|Net income||135,511|(20,423)|115,088|52,836|