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|---|---|---|---|
|Trustee's
annual
report||||
|Independent
examiners||report to the trustee||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial statements||||
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|Registered|charity|name|Haverhill|Community|Trust||
|---|---|---|---|---|---|---|
|Charity registration||number|288092||||
|Principal offfce|||Haverhill|Town Hell|||
||||High Street||||
||||Havsrhill||||
||||Suffolk||||
||||CB9BAR||||
|The trustee|||||||
|The trustees|who served during the year and|||at the date of approval||were as follows:|
||||Haverhill|Town Council|||
|Clerk to the|trustee||C Pools||||
|Bankers|||Lloyds Bank pic||||
||||8 High Street||||
||||Haverhill||||
||||Suffolk||||
||||CB9BAR||||
|Independent|examiner||L Thurston
FCCA||||
||||Lovewell|Blake LLP|||
||||Chartered|accountants|||
||||First Floor Suite||||
||||2 Hillside|Business Park|||
||||Bury St Edmunds||||
||||IP32 7EA||||
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||||2022|||2021|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|||
|||funds|funds|funds|Total funds|Total funds|
||Note|f|f.|E|6|E|
|Income and endowments|||||||
|Donations,
grants and|||||||
|legacies|4|71,400|65,154||136,554|93,018|
|Charitable
activities|5|1,161|19,596||20,757|3,357|
|Other trading
activities|6|38,565|||38,565|23,437|
|Total Income||111,126|84,750||195,876|119,812|
|Expenditure|||||||
|Charitable
activities|7|80,022|109,106||189,128|142,220|
|Total expenditure||80,022|109,106||189,128|142,220|
|Net income/(expenditure)|||||||
|before transfer offunds||31,104|(24,356)||6,748|(22,408)|
|Transfers
between
funds||(24,227)|24,227||||
|Net movement
in funds||6,877|(129)||6,748|(22,408)|
|Reconciliation
offunds|||||||
|Total funds
brought
forward||14,746|64,618|358,500|437,864|460,272|
|Total funds carried forward||21,623|64,489|358,500|444,612|437,864|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Note|f||E||
|Fixed assets||||||||
|Tangible fixed assets|||10||370,664||372,402|
|Investments|||11||||2|
||||||370,664||372,404|
|Current assets||||||||
|Debtors|||13|18,679||19,952||
|Cash at bank and|In|hand||66,550||52,010||
|||||85,229||71,962||
|Creditors: Amounts||falling due within||||||
|one year|||14|(11,281)||(6,502)||
|Net current assets|||||73,948||65,460|
|Total assets less|current gabgltles||||444,612||437,864|
|Net assets|||||444,612||437,864|
|Funds ofthe charity||||||||
|Endowment
funds|||||358,500||358,500|
|Restricted funds|||||64,489||64,618|
|Unrestricted
funds|||||21,623||14,746|
|Total charity funds|||15||444,612||437,864|
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|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2022|
|||f||8|
|Grants|||||
|Heverhill
Town Council||71,000||71,000|
|Community
Action Suffolk|||6,500|6,500|
|West Suffolk County|Council|400|50,583|50,983|
|Suffolk County Council|||1,000|1,000|
|Covid Response|||||
|Other grants received|below F5,000||7,071|7,071|
|||71,400|65,154|136,554|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||f|6|f|
|Grants|||||
|Haverhill
Town Council|||22,095|22,095|
|Community
Action Suffolk|||3,628|3,628|
|West Suffolk County|Council|2,553|45,682|48,235|
|Suffolk County Council|||8,000|8,000|
|Covid Response|||6,540|6,540|
|Other grants received|below f5,000||4,520|4,520|
|||2,553|90,465|93,018|
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|6.|Charitable|ac|tivities|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds
f|Funds
f|2022|
||Letting
Community|group income|||1,161|9,536
60|10,697
60|
||Volunteer|centre income||||10,000|10,000|
||Other income|||||||
||||||1,161|19,596|20,757|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||||||f|f|f|
||Letting||||2,907||2,907|
||Community|group income||||150|150|
||Volunteer|centre income||||||
||Other income||||||300|
||||||3,207|150|3,357|
|B.|Other trading||activities|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
|||||||f|f|
||Rent and|booking fees income||38,565|38,565|23,437|23,437|
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|7.|Expenditure|on charit|ab|le
actlvrdes|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restdcted|Total|Funds|
||||||Funds|Funds||2022|
|||||||f||8|
||Maintenance|of buildings|||24,245|9,288||33,533|
||Other premises costs||||48,076|64,369|112,445||
||Community|group expenditure||||14,474||14,474|
||Community|kitchen||||12,871||12,871|
||Haverhill
in|bloom||||6,171||6,171|
||Support costs||||7,701|1,933||9,634|
||||||80,022|109,106|189,128||
||||||Unrestricted|Restricted|Total Funds||
||||||Funds|Funds||2021|
||||||f|f|||
||Maintenance|of buildings|||27,747|9,059||36,806|
||Other premises costs||||22,937|49,948||72,885|
||Community|group expenditure||||690||690|
||Community|kitchen||||15,738||15,738|
||Haverhlll
In|bloom|||1,135|6,080||7,215|
||Support costs||||7,772|1,114||8,886|
||||||59,591|82,629|142,220||
||Analysis of|Support costs|||||||
|||||||2022||2021f|
||Insurance|||||3,858||5,302|
||Bank charges|||||198||200|
||Other costs|||||1,034||31|
||Independent|examination||fee||1,620||1,615|
||Legal and professional||fees|||1,186|||
||Depreciation|||||1,738||1,738|
|||||||9,634||8,886|
|8.|Net income/(expenditure)||||||||
||Net income/(expenditure)|||is stated afier charging/(crediting):|||||
|||||||2022||2021|
|||||||E||f|
||Depreciation|of tangible||fixed assets||1,738||1,738|
|9.|Staffcosts||||||||
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|Tangible fixed assets||||
|---|---|---|---|
||Freehold|Fixtures and||
||property|fittings|Total|
||8|8|8|
|Cost||||
|At 1 April 2021 and 31 March 2022|358,500|17,378|375,878|
|Depreciation||||
|At 1 April 2021||3,476|3,476|
|Charge for the year||1,738|1,738|
|At 31 March 2022||5,214|5,214|
|Carrying
amount||||
|At 31 March 2022|358,500|12,164|370,664|
|At 31 March 2021|358,500|13,902|372,402|
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|Investments|||
|---|---|---|
||Shares|In|
||gl'oup||
||undertakingsf||
|Cost or valuation|||
|At 1 April 2021|||
|Additions|||
|Disposals||l2)|
|At 31 March 2022|||
|Impairment|||
|At 1 April 2021 and 31 March 2022|||
|Carrying
amount|||
|At 31 March 2022|||
|At 31 March 2021|||
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|13.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Trade debtors||||2,858|590|
||Prepayments|and accrued||income|1,618|3,798|
||Amounts
owed by Haverhill|||Town Council|10,058|12,664|
||Other debtors||||4,145|2,900|
||||||18,679|19,952|
|14.|Creditors: Amounts||fatling due within one year||||
||||||2022|2021|
||||||8||
||Trade creditors||||4,227|175|
||Accruals and|deferred|Income||7,054|6,069|
||Sodal security|and other taxes||||258|
||||||11,281|6,502|
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|15.|Analysis ofcharitable|Analysis ofcharitable|Analysis ofcharitable|Analysis ofcharitable|funds||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Endowment|funds|||||||||
|||||||At 1 April||||At 31 March|
|||||||2021f|Income
6|Expendituref|Transfersf|2022f|
||Arts centre|||||358,500||||358,500|
|||||||At 1 April||||At 31 March|
|||||||2020
f|Incomef|Expendituref|Transfers
f.|2021f|
||Arts centre|||||358,500||||358,500|
||Restricted|funds|||||||||
|||||||At 1 April||||At 31 March|
|||||||2021
6|Incomef|Expendituref|Transfersf|2022f|
||Leiston centre|||||8,000|9,539|(11,092)||6,447|
||Arts Centre||||||||5,983|5,983|
||Tenific tuesday||dementia||||||||
||gl'oup|||||4,000|||(352)|3,648|
||Men's group|||||400|60||(40)|420|
||Social prescribing|||||700||||700|
||Community|group youth|||||||||
||project|||||9,791|6,900|(14,474)|16,448|18,665|
||Kitchen project|||||32,489||(12,871)||19,618|
||The Zone|||||311|48,112|(40,229)|(1,997)|6,197|
||Haverhill
volunteer|||centre||7,709|12,375|(24,269)|4,185||
||Haverhill
in|bktom||||1,218|7,764|(6,171)||2,811|
|||||||64,618|84,750|(109,106)|24,227|64,489|
|||||||At 1 April||||At 31 March|
|||||||2020
6|Incomef|Expendituref|Transfers|2021|
||Leiston centre|||||16,895|1,334|(10,229)||8,000|
||Terrific tuesday||dementia||||||||
||gl OUP|||||4,000||||4,000|
||Men's group|||||400||||400|
||Social prescribing|||||700||||700|
||Community|group youth|||||||||
||project|||||9,641|150|||9,791|
||Kitchen project|||||23,059|25,168|(15,738)||32,489|
||The zone||||||24,720|(24,409)||311|
||Haverhlll
volunteer|||centre|||34,148|(26,439)||7,709|
||Haverhill
in|bloom||||1,937|5,095|(5,814)||1,218|
|||||||56,632|90,615|(82,629)||64,618|
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|Unrestri|cte|d
funds|||||||
|---|---|---|---|---|---|---|---|---|
||||At 1 Apdl||||At|31 March|
||||2021|Income|Expenditure|Transfers||2022|
||||8|8|8|8||8|
|General|funds||14,746|111,126|(80,022)|(29,982)||15,868|
|Designated||funds-|||||||
|Property|and repairs||||||||
|reserves||||||5,755||5,755|
||||14,746|111,126|(80,022)|(24,227)||21,623|
||||At 1 April||||At|31 March|
||||2020|Income|Expenditure|Transfers||2021|
||||8|||8||8|
|General|funds||28,952|29,197|(31,844)|(11,559)||14,746|
|Designated||funds-|||||||
|Property|and repairs||||||||
|reserves|||16,188||(27,747)|11,559|||
||||45,140|29,197|(59,591)|||14,746|
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|As at 31 March 2022|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total Funds|
||Fundsf|Fundsf|Funds|2022
8|
|Tangible fixed assets|12,164||358,500|370,664|
|Net current assets|9,459|||73,948|
|Net assets|21,623||358,500|444,612|
|As at 31 March 2021|||||
||Unrestricted|Restricted|Endowment|Total Funds|
||Fundsf|Fundsf|Funds
8|2021f|
|Tangible fixed assets|13,904||358,500|372,404|
|Net current assets|842|64,618||65,460|
|Net assets|14,746|64,618|358,500|437,864|
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|Yea|r ended 31 INarch 20|22|||
|---|---|---|---|---|
|17.|Financial Instruments||||
||||2022|2021|
||The carrying
amount of financial||||
||instruments
at 31 March 2022 were:||||
||Financial assets measured|at fair value:|||
||Freehold
property|||358,500|
||Investments|||2|
|||||358,502|
##
|The follo|wing
I|s a summ|ary|of|transactions
with these enti|ties.||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||8|
|Amounts|received:|||||||
|Haverhill|Town|Council||||84,502|50,964|
|Hartseats|Limited|||||2,900||
|||||||87,402|50,964|
|Amounts|expensed;|||||||
|HaverhillTown||Coundl||||95,546|76,827|
|Included|within|debtors|at|year|end:|||
|Haverhill|Town|Council||||10,058|12,664|
|Hartseats|Limited||||||2,900|
|||||||10,058|15,564|