2022-03-31-accounts - The Mudchute Association

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			Page
Chair's Report
Report ofthe Trustees		2	Io	7
Report ofthe Independent	Auditors	8	to	10
Consolidated Statement	of Financial Activities
Consolidated Balance Sheet			12
Charity Balance Sheet			13
Consolidated Cash Flow	Statement		14
Notes to the Consolidated	Cash Flow Statement		15
Notes to the Financial Statements		16	to	31
Consolidated Detailed Statement of Financial		32	to	33
Activities

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f	f	f
INCOME AND ENDOWMENTS		FROM
Donations and legacies			3	718,339	29,984	748,323	733,763
Charitable activities			5
Operation of park and	farm			834,571		834,571	609,341
Other trading activities			4	78,214		78,214	92,947
Other Income			6				42,092
Total				1,631,124	29,984	1,661,108	1,478, 143
EXPENDITURE ON
Raising funds			7	14,781		14,781	12,384
Charitable activities			8
Operation of park and	farm			1,693,407	41,831	1,735,238	1,254,745
Trading company				99,646		99,646	177,762
Total				1,807,834	41,831	1,849,665	1,444,891
NET INCOMEI(EXPENDITURE)				(176,710)	(11,847)	(188,557)	33,252
Transfers between funds			20	46730	~40730)
Net movement In funds				(129,980)	(58,577)	(188,557)	33,252
RECONCILIATION OF FUNDS
Total funds brought	forward			316,701	403,974	720,675	687,423
TOTAL FUNDS CARRIED FORWARD				186,721	345,397	532,118	720,575

					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f	6		5
FIXEDASSETS
Tangible assets		14	129,443	335,413	464,856	496,673
CURRENT ASSETS
Stocks		16	1,141		1,141	1,211
Debtors		17	38,441		38,441	37,818
Prepayments and Cash at bank and	accrued income in hand		8,259 147,645	9,984	8,259 157529	30,402 271,768
			195,486	9,984	205,470	341,199
CREDITORS
Amounts falling due within one year		18	(91,496)		(91,496)	(61,028)
NET CURRENT ASSETS			1D399D	9984	113974	280,171
TOTAL ASSETS	LESSCURRENT
LIABILITIES			233,433	345,397	578,830	776,844
ACCRUALS AND	DEFERRED INCOME	19	(46,712)		(46,712)	(56,169)
NET ASSETS			186,721	345,397	532,118	720,675
FUNDS		20
Unrestdcted funds					186,721	316,701
Restricted funds					345,397	403,974
TOTALFUNDS					532118	720575

					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f.	E	6	5
FIXEDASSETS
Tangible assets		14	129,443	335,413	464,856	494,501
Investments		15				2
			129,443	335,413	464,856	494,503
CURRENT ASSETS
Stock		16	1,141		1,141	814
Debtors		17	38,441		38,441	37,530
Prepayments and Cash at bank and	accrued income in hand		4,359 147 645	9984	4,359 157629	30,402 271,717
			191,586	9,984	201,570	340,463
CREDITORS
Amounts falling due within one year		18	(82,463)		(82,463)	(51,339)
NET CURRENT ASSETS			169123	9 984	119167	289,124
TOTAL ASSETS	LESSCURRENT
LIABILITIES			238,566	345,397	583,963	783,627
ACCRUALS AND	DEFERRED INCOME	19	(45,044)		(45,044)	(53,775)
NET ASSETS			193,522	345,397	538,919	729,852
FUNDS		20
Unrestricted funds					193,522	325,878
Restricted funds					345 397	403,974
TOTALFUNDS					538919	729 852

		Notes	2022 f	2021 f
Cash flows from operating activities Cash generated from operations Interest paid		1	(106,897) ~2697)	81,995 ~2,)56)
Net cash (used in)/provided	by operating	activities	~709,588)	79,839
Cash flows from Investing activities Purchase oftangible fixed assets			~7,878)	~27000),
Net cash provided by/(used	in) investing	activities	~7878)	~27.000)
Change In cash and cash in the reporting period	equivalents		(117,466)	52,839
Cash and cash equivalents	at the
beginning ofthe reporting	period		270 747	217,908
Cash and cash equivalents	at the end
ofthe reporting period			153,281	270,747

RECONCILIATION ACTIVITIES	OF	NET	(EXPENDITURE	)/INCOME TO NET CAS	H FLOW FROM	OPERATING
					2022	2021
					8
Net (expenditure)/Income			for the reporting	period (as per the
Statement of Financial		Activities)			(188,557)	33,252
Ad]ustments for:
Depreciation charges					39,695	43,542
Interest paid Stock movement					2,691 70	2,156 1,025
Decrease/(increase) (Decrease)/increase	in debtors in creditors				21,520 ~17 684	10,419 ~8,399)
Net cash (used in)/provided			by operations		106,897	81,995

ANALYSIS OF C	HANGES IN NET FUNDS
		At 1/4/21	Cash flow	At 31/3/22
		8	f	8
Net cash
Cash at bank and	in hand	27D 747	~1174e6)	, 153,281
		27D747	~, 777466	153,281
Total		278,747	~117,466	153,281

Depreciation is provided estimated useful life.	at the following ann	ual rate
Short leasehold	6% on reducing	balance
Fixtures and fittings	25% on reducing	balance
Motor vehicles	25% on reducing	balance
Computer equipment	15%on reducing	balance

						2022	2021
						6	6
	Voluntary	income				495,861	76,173
	Gift aid					5,620
	Grants					246,842	~657 590
						~748 323	733,763
4.	OTHER TRADING			ACTIVITIES
						2022	2021
	Rents received					47,979	44,512
	Hire offacilities					17,303	12,850
	Sale ofchristmas		trees			8,511	9,505
	Subsidiary	trading		income		4,421	26,080
						78,214	92,947
5.	INCOME	FROM CHARITABLE ACTIVITIES
						2022	2021
				Activity		E
	Incoming	resources		from
	charitable	activities		Operation	of park and farm	834,571	609,341
6.	OTHER INCOME
						2022 f	2021 8
	Insurance	claims					42,092
							42 092
7.	RAISING	FUNDS
	Other trading activities
						2022	2021
	Rental expenditure					8,799	6,056
	Purchase	ofchristmas trees				5,982	6,326
						~14 781	12,364

CHARITABLE ACTIVI	TIES COSTS
			2022	2021
			6	6
Operation of park and Staff costs	farm		1,027,525	1,029,789
Hire of plant and machinery			5,251	2,878
Rates and water			5,953	13,069
Insurance			17,687	17,556
Light and heat Telephone Postage and stationery Play activities Training Repairs and renewals Motor expenses Travelling			15,605 2,027 6,097 10,573 2,497 424,561 4,674 486	21,032 1,588 4,788 1,267 1,267 7,333 2,560 112
Refreshments and entertainment			2,231	435
Purchases			79,958	57,634
Subscriptions Cleaning Catering Depreciation Bank interest			8,587 41,787 24,466 39,695 1,778	6,334 28,456 8,366 42,818 1,103
Auditor's remuneration			7,100	3,260
Auditor's remuneration	for non-audit	services	6 700	3,100
			1,735,238	1,254,745
			2022f	2021 6
Trading company Staff costs			70,580	128,100
Rates and water			469	2,625
Insurance			3,716	7,067
Light and heat			1,850	3,787
Telephone Postage and stationery			38	161 19
Repairs and renewals			125	244
Motor expenses Purchases			17,348	10 26,510
Subscriptions			1,097	1,506
Cleaning			1,842	3,562
Depreciation Bank interest			913	724 1,053
Auditor's remuneration	for non-audit	services	1,668	2,394
			99,646	177,762

STAFF	CO		STS
							2022f		2021
Wages	and		salaries				1,011,176		1,065,789
Social security costs							70,372		74,609
Pension costs							15	557	17,491
							1,098,105		1,157,889
The average			monthly	number	ofemployees	in the year was:
							2022		2021
Charitable		activities						57	38
Office								4	6
Trading	company							3	6
								64	50

f60,000 for the ye	ar ended 31 March 2022 nor the year ended 31 March 2	ar ended 31 March 2022 nor the year ended 31 March 2	021.
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
		f
INCOME AND ENDOWMENTS		FROM
Donations and legacies		570,482	163,281	733,763
Charitable activities
Operation of park	and farm	609,341		609,341
Other trading activities		92,947		92,947
Other income		42 092		42,092
Total		1,314,862	163,281	1,478,143
EXPENDITURE ON
Raising funds		12,384		12,384
Operation of park	and farm	1,064,640	190,105	1,254,745
Trading company		177,762		177,762
Total		1,254,786	190,105	1,444,891

					Unrestricted	Restricted	Total
					funds	funds	funds
					f	f	f
	NET INCOME				60,076	(26,824)	33,252
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			256,625	430,798	687,423
	TOTAL FUNDS CARRIED		FORWARD		3167D1	403 974	720675.
14.	GROUP TANGIBLE	FIXEDASSETS
				Fixtures
			Short	and	Motor	Computer
			leasehold f.	fittings f	vehicles f	equipment f	Totals f
	COST
	At 1 April 2021		1,088,485	181,733	60,279	10,621	1,341,118
	Additions		2,000	5,878			7 078
	At 31 March 2022		1,090,485	187,611	00,279	1D 621	1,348,906
	DEPRECIATION
	At 1 April 2021		636,987	146,181	53,431	7,846	844,445
	Charge for year		27,209	1D,356	1 713	417	39,695
	At 31 March 2022		604196	156037	00144	0203	084140
	NET BOOK VALUE
	At 31 March 2022		420 209	31074	0,135	2,350	404 850
	At 31 March 2021		451,498	35552	6,348	2,775	496 673

CHARITY TANGIBLE FI	XEDASSETS
		Fixtures
	Short	and	Motor	Computer
	leasehold	fittings	vehicles	equipment	Totals
	5	5		5	5
COST
At 1 April 2021	1,088,485	146,778	60,279	8,782	1,304,324
Additions	2 DDD	7 411		639	1D 65D
At 31 March 2022	1,090,485	154,189	60,279	9,421	1,314,374
DEPRECIATION
At 1 April 2021	636,987	112,759	53,431	6,646	809,823
Charge for year	27 2DD	10306	1 713	417	39090
At 31 March 2022	664,196	123,115	55,144	7,063	849,518
NET BOOK VALUE
At 31 March 2022	426 269	31074	5 135	2 358	464 656
At 31 March 2021	451498	34019	6 648	2 136	494 001

CHARITY FIXEDASSET INVESTMENTS - continued
	Shares	In
	group
	undertakings
COST
At 1 April 2021
Additions
Disposals
Impairments
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
Profit &loss account		2022
Income	102,020
Expenditure	(99,646)
Net profit		2,374
Balance sheet		2022
		f
Current assets		3,900
Current liabilities	(10,701)
Net assets		(6,801)

			Group		Charity
			2022	2021 f	2022 6	2021
Trade debtors			37,612	36,793	37,612	36,505
Other debtors			829	1,025	829	1,025
			38,441	37,818	38,441	37,530
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE		YEAR
			Group		Charity
			2022	2021	2022	2021
					6
Trade creditors			44,370	21,163	41,484	18,241
Social security end other		taxes	18,652	19,693	18,221	17,708
Other creditors			24,126	19,151	22,758	15,390
Bank loans and overdrafts			~4348	1,021
			~91 496	~61 028	~82 463	~51 339
ACCRUALS AND DEFERRED INCOME
			Group		Charity
			2022	2021	2022	2021
			8	F.	8
Accruals and deferred	income		~46 712	56,169	45,044	53,775

MOVEMENT IN FUN	DS
				Net	Transfers
				movement	between	At
			At 1/4/21	in funds f	funds 6	31/3/22
Unrestricted funds
General fund Fairy Garden Project	Fund		315,741 960	(176,710)	47,690 ~960)	186,721
			316,701	(176,710)	46,730	186,721
Restricted funds
Building Fund			287,067	(17,224)		269,843
Minibus Fund			2,086	(522)		1,564
Nature Trail Fund			28,008	(1,173)	(8,450)	18,385
Treehouse Project Fund			10,862	(652)		10,210
Arena Refurbishment	Project Fund		75,951	(2,260)	(38,280)	35,411
East End Community	Foundation	Fund		9,984		9,984
			~403974	$11,847)	46,730	345,397
TOTAL FUNDS			~720 675	~188557)		~532 118

			Incoming	Resources	Movement
			resources	expended	in funds
			6	L	6
Unrestricted funds
General Fund			1,631,124	(1,807,834)	(176,710)
Restricted funds
Building fund				(17,224)	(17,224)
Minibus fund				(522)	(522)
Nature Tree Fund				(1,173)	(1,173)
Treehouse Project Fund				(652)	(652)
Arena Refurbishment	ProJect	Fund		(2,260)	(2,260)
East End Community London Borough Qf	Foundation Fund Tower Hamlets Fund		9,984 20,000	~20.000)	9,984
			29 904	~4) 021	~55 847)
TOTAL FUNDS			1 661 100	/1 049 665)	~100557)
Comparatives for movement		in funds
				Net
				movement	At
			At 1/4/20	in funds	31/3/21
				6	6
Unrestricted funds
General fund			255,665	60,076	315,741
Fairy Garden ProJect	Fund		960		960
			256,625	60,076	316,701
Restricted funds
Building Fund			308,849	(21,782)	287,067
Minibus Fund			2,782	(696)	2,086
Nature Trail Fund			29,256	(1,248)	28,008
Treehouse Project Fund Arena Refurbishment Project		Fund	11,555 78,356	(693) ~2,405)	10,862 75,951
			430,798	26 824	403,974
TOTAL FUNDS			687,423	33,252	720,675

Comparative net m	ov	n the above are as follow	s:
		Incoming	Resources	Movement
		resources f	expended f	in funds F
Unrestricted funds
General fund		1,314,862	(1,254,786)	60,076
Restricted funds
Building Fund			(21,782)	(21,782)
Minibus Fund			(696)	(696)
Restricted Grants	Fund	154,281	(154,281)
Nature Trail Fund			(1,248)	(1,248)
Apprenticeship Scheme Fund		9,000	(9,000)
Treehouse Project Fund Arena Refurbishment Project Fund			(693) ~2405)	(693) ~2,405)
		163281	~)80 105	~26824)
TOTAL FUNDS

						Group		Charity
						2022	2021	2022	2021
						f.	E	6	E
Financial		assets
Financial	assets that			are debt
instruments		measured		at amortised
cost						204 220	339,122	200,328	338,783
						204,228	339,122	200,328	338,783
Financial		liabilities
Financial	liabilities		measured		at
amortised		cost				100904	69782	96203	57699
						106964	09782	96263	5769~

or payabl	e to	key	management	for employ	ee services	is shown	below:
						Group			Charity
					2022		2021	2022		2021
					f		f	E		f
Salaries	and	other	short-term	benefits	110,233		110,249	110,233		110,249

Governm	ent	grants received	were as follows
				Group			Charity
			2022		2021	2022		2021
			E		f.	6		f.
Furlough	and	SSP	106,658		425,980	88,980		399,839
			106,658		425,980	88,980		399,839

included within the land ofthe shor the rented term are listed below:-	t leasehold pro	perty, T	he amounts	committed t	o be re	ceived dur
		Group			Charity
	2022		2021	2022		2021
Within one year	52,086		31,066	52,086		31,086
Between one and five years	25,733		26,526	25,733		26,526
In more than five years
	~77 819		57,612	~77 819		~57 612

		2022 f	2021 f
INCOME AND ENDOWMENTS
Donations and legacies Voluntary income		495,861	76,173
Gift aid		5,620
Grants		246 242	657,590
		748,323	733,763
Other trading activities Rents received		47,979	44,512
Hire of facilities		17,303	12,820
Sale of christmas trees		8,511	9,505
Subsidiary trading income		4421	26,080
		78,214	92,947
Charitable activities
Incoming resources from charitable	activities	834,571	B09,341
Other Income
Insurance claims			42,092
Total incoming resources		1,661,108	1,478,143
EXPENDITURE
Other trading activities Rental expenditure		8,799	6,056
Purchase of christmas trees		5,982	6,328
		14,781	12,384
Charitable activities
Wages Social security		1,011,176 70,372	1,065,7e9 74,609
Pensions		16,557	17,491
Hire of plant and machinery Rates and water		5,251 6,422	2,878 15,694
Insurance		21,403	24,623
Light and heat Telephone Postage and stationery Play activities Training Repairs and renewals Motor expenses Travelling		17,455 2,065 6,097 10,573 2,497 424,686 4,674 486	24,819 1,749 4,807 1,267 1,267 7,577 2,570 112
Refreshments and entertainment		2,231	435
Carried forward		1,601,945	1,245,687

		2022	2021
Charitable activities
Brought forward Purchases		1,601,945 97,306	1,245,687 84,144
Subscriptions Cleaning Catering Short leasehold depreciation Fixtures &fittings depreciation		9,684 43,629 24,466 27,209 10,356	7,840 32,018 8,366 28,819 11,850
Motor vehicles depreciation		1 713	2,283
Computer equipment depreciation Bank interest		417 2,691	590 2,158
		1,819,416	1,423,753
Support costs
Governance costs
Auditors' remuneration		7,100	3,280
Auditors' remuneration	for non audit work	~ 368	5 494
		16468	8,754
Total resources expended		1 849,665	1,444,891
Net (expenditure)/Income		~488 5523	33,252