2023-03-31-accounts - Groundwork East

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			Page
Reference and Administrative		Details ofthe Company
Trustees' Report			2 —12
Independent Auditor's	Report		13-16
Statement ofFinancial	Activities		17
Balance Sheet			18
Statement ofCash Flows			19
Notes tothe Financial	Statements		20-33

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
	Note	2023	2023 f	2023 E	2022 E
INCOME FROM:
Donations and legacies	2	449,000	26,220	475,220	65,296
Investments	3		4,321	4„321	1,822
Charitable activities	4	746,770	1,704,884	2,451,654	2,380,243
Other income	5		18,696	18,696	1,056
TOTAL INCOME		1,195,770	1,754,121	2,949,891	2,448,417
EXPENDITURE ON:
Charitable activities	6,7	828,250	1,717,443	2,545,693	2,366,577
TOTAL EXPENDITURE		828,250	1,717,443	2,545,693	2,366,577
NET INCOME/(EXPENDITURE)		367,520	36,678	404,198	81,840
BEFORETRANSFERS
Transfers between Funds	16	(8,076)	8,076
NET INCOME/(EXPENDITURE)		359,444	44,754	404,198	81,840
NET MOVEMENT IN FUNDS		359,444	44,754	404,198	81,840
RECONCILIATION OF FUNDS:
Total funds brought forwards		27,119	550,808	577,927	496,087
TOTAL FUNDS CARRIED FORWARD		386,563	595,562	982,125	577 927

		BALANCE SHEET	BALANCE SHEET
		ASAT	31MARCH 2023
		Note	E	2023 E		2022f
FIXEDASSETS
Tangible assets		12		419,554		62,095
CURRENT ASSETS
Debtors		13	607,179		491,282
Cash at bank and in hand			599,604		654,272
			1,206,783		1,145,554
CREDITORS: amounts	falling due	14	(619,212)		(604,722)
within one year
NET CURRENT ASSETS				587,571		540,832
TOTAL ASSETS LESS	CURRENT			1,007,125		602,927
LIABILITIES
Provisions for Liabilities		15		(25,000)		(25,000)
NET ASSETS				982,125		577,927
CHARITY FUNDS
Restricted funds		16		386,563		27,119
Unrestricted funds		16		595,562		550,808
TOTAL FUNDS				982,125		577,927

			2023	2022
		Note	E	E
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by/ (used in) operating activities		18	335,953	(67,251)
CASH FLOWS FROM INVESTING ACTIVITIES:
Dividends and interest			4,321	1,822
Proceeds from the sale oftangible fixed assets
Purchase oftangible fixed assets			(394,942	(40,264)
NET CASH USED IN INVESTING ACTIVITIES			(390,621)	(38,442)
CHANGE IN CASH AND CASH EQUIVALENTS	IN YEAR		(54,668)	(105,693)
Cash and cash equivalents brought forward			654,272	759,965
CASH AND CASH EQUIVALENTS CARRIED FORWARD		19	599,604	654,272
The notes on pages 20to33form part ofthese financial statements.

INCOME FROM DONATION	S AND LEGACIES
	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2023 f	2023 f	2023f	2022f
Donations		26,220	26,220	28,423
Grants	449,000		449,000	36,873
Total 2023	449,000	26,220	475,220	65296
Total2022	33333	31,963	65296

3	INVESTMENT INCO	ME
			Restricted	Unrestricted	Total	Total
			funds	funds	Funds	funds
			2023 f	2023 f	2023f	2022f
	Bank interest 2023			4,321	4,321	1,822
	Total2022			1,822	1,822
4	INCOME FROM CHARITABLE ACTIVITIES
			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2023 f	2023 f	2023f	2022f
	Central Government		7,500	146,341	153,841	95,302
	Local Authorities		198,342	980,730	1,179,072	982,734
	Education and Skills Funding Agency		13,716	53,394	67,110	55,719
	Charitable Trusts and Foundations		215,854	109,480	325,334	249,454
	Private Sector		55,505	208,150	263,655	406,509
	Housing Associations		6,124	36,691	42,815	4,223
	Groundwork UK		242,619	170,098	412,717	512,657
	Landfill Communities	Fund
	National Lottery		7,110		7,110	73,645
	Total 2023		746,770	1,704,884	2,451,654	2,380,243
	Total2022		864343	1,515900	2380243

OTHER INCOME
	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2023 f	2023 f	2023 f	2022 f
Profit on disposal oftangible fixed assets
Sundry income		18,696	18,696	1,056
Total 2023		18,696	18,696	1,056
Total2022		1,056	1,056
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2023 f	2023 f	2023f	2022f
Core projects	828,250	1,717,443	2,545,693	2,366,577
Total 2023	828,250	1,717,443	2,545,693	2,366,577
Tota/2022	B95692	1,470BBS	2366,577
ANALYSIS OF EXPENDITURE BYACTIVITIES
	Activities	Supportand	Total	Total
	undertaken	governance
	directly	costs
	2023 f	2023f	2023f	2022f
Core projects	1,530,606	1,015,087	2,545,693	2,366,577
Total 2023	1,530,606	1,015,087	2,545,693	2,366577
Total2022	1,440066	926,511	2,366,577

8	DIRECT COSTS
				Core	Total	Total
				Projects
				2023	2023f	2022f
	Project costs			451,632	451,632	342,397
	Wages and salaries			943,663	943,663	962,691
	National insurance			76,998	76,998	72,241
	Pension cost			58,313	58,313	62,737
	Total 2023			1,530,606	1,530,606	1,440,066
	Tota(2022			1,440066	1,440066
9	SUPPORT COSTS
			Governance	Other	Total	Total
			2023f	2023f	2023f	2022f
	Rent and rates			85,784	85,784	77,822
	Communications			12,609	12,609	11,642
	ITexpenses			84,156	84,156	73,233
	Training and recruitment			35,533	35,533	23,272
	Marketing, publicity and	advertising		29,454	29,454	21,419
	Sundries			72,398	72,398	52,523
	Insurances			26,942	26,942	27,056
	Motor vehicle costs and	mileage		21,343	21,343	15,606
	Professionalfees		7,750	19,517	27,267	38,429
	Board expenses		1,655		1,655	4,226
	Wages and salaries		14,458	493,211	507,669	481,232
	National insurance		1,179	40,243	41,422	36,111
	Pension cost		894	30,478	31,372	31,362
	Depreciation			37,483	37,483	32,578
	Loss on disposal offixed	asset investment
	Tota I2023		25,936	989,151	1,015,087	926511
	Total2022		28468	85'8,043	5'26511
10	NET INCOME
					2023f	2022f
	This isstated after charging:
	Depreciation oftangible	fixed assets owned	bythe charity		37,483	32,578
	Auditor's remuneration	—audit			7,750	7,500
	Auditor's remuneration	—other services
						26

STAFFCOSTS, INCLUDING COST OF KEYMANAGEMENT	PERSONNELAND	TRUSTEE	EXPENSES
		2023	2022f
Staffcosts were as follows:
Wages and salaries	1,451,332		1,443,923
Social security costs		118,420	108,352
Other pension costs		89,685	94,099
	1,659,437		1,646,374

average mo follows:	nthly number ofemployees during the year expre	ssed as full time equival	ents w	as as
		2023		2022
		No.		No.
Direct charitable			44		48
Marketing	and communications		1		1
Governance			1		1
			46		50
The number	ofhigher paid employees was:
		2023		2022
		No.		No.

TANGIBLE FIXEDASSETS
			Furniture,
	Land and	Motor	fittings and
	buildings E	vehicles E	equipment f	Total E
COST
At 1April 2022	138,320	161,391	97,759	397,470
Additions	372,297		22,645	394,942
Disposals	(138,320)		(8,872)	(147,192)
At31March 2023	372,297	161,391	111,532	645,220
DEPRECIATION
At 1April 2022	138,320	127,382	69,673	335„375
Charge forthe year	10,637	11,918	14,928	37,483
On disposals	(138,320)		(8,872)	(147,192)
At31March 2023	10,637	139,300	75,729	225666
NET BOOKVALUE
At 31March 2023	361,660	22,091	35,803	419,554
At 31March 2022		34,009	28,086	62,095

DEBTORS
	2023	2022
	E	E
Trade debtors	348,429	314,249
Other debtors and prepayments	74,501	67,478
Accrued income	184,249	109,555
	607,179	491,282

14	CREDITO	RS:AMOUNTS FALLING DUE WITHIN ONE YEA	R
			2023 E	2022f
	Trade creditors		65,969	55,961
	Other taxation and social security		155,600	141,734
	Deferred	income	336,858	356,669
	Other creditors		3„677	2,069
	Accruals		57,108	48,289
			619,212	604,722
	DEFERRED INCOME: PROJECT INCOME
	Deferred	income at1April 2022		356,669
	Resources	deferred during the year		318,120
	Amounts	released from previous years		(337,931)
	Deferred	income at31March 2023		336,858
15	PROVISIONS
			2023 E	2022f
	At 1April	2022 and 31March 2023	25,000	25,000

STATEMENT OF FUNDS	STATEMENT OF FUNDS	—CURRENT YEAR
		Balance at	Income	Expenditure	Transfers	Balance at
		1April			inI(out)	31March
		2022				2023
		E				E
DESIGNATED FUNDS
Future projects		10,000			(10,000)
Carbon reduction		10,000			5,900	15,900
GENERAI FUNDS
General funds		530,808	1,754,121	(1,717,443)	12,176	579,662
Total unrestricted	funds	550,808	1,754,121	(1,717,443)	8,076	595562
RESTRICTED FUNDS
New building		27,119	449,000	(45,128)	(44,428)	386,563
project monies			746,770	(783,122)	36,352
Total restricted funds		27,119	1,195,770	(828,250)	(8,076)	386,563
Total offunds		577,927	2,949,891	(2,545,693)		982,125

STATEMENT OF FUNDS	STATEMENT OF FUNDS	—PRIOR YEAR
		Balance at	Income	Expenditure	Transfers	Balance at
		1April			inI(out)	31March
		2021 E				2022f
DESIGNATED FUNDS
New building		9,604		(12,370)	2,766
Future projects					10,000	10,000
Carbon reduction					10,000	10,000
GENERAI FUNDS
General funds		486,483	1,550,741	(1,458,515)	(47,901)	530,808
Total unrestricted	funds	496,087	1,550,741	(1,470,885)	25135	550,808
RESTRICTED FUNDS
New building			31,000	(3,881)		27,119
project monies			866,676	(891,811)	25,135
Total restricted funds			897,676	(895,692)	25,135	27,119
Total offunds		496,087	2,448,417	(2,366,577)		577,927

	NOTES TOTHE FINANCIAL STATEMENTS (continue FORTHE YEAR ENDED 31MARCH 2023	NOTES TOTHE FINANCIAL STATEMENTS (continue FORTHE YEAR ENDED 31MARCH 2023	NOTES TOTHE FINANCIAL STATEMENTS (continue FORTHE YEAR ENDED 31MARCH 2023	NOTES TOTHE FINANCIAL STATEMENTS (continue FORTHE YEAR ENDED 31MARCH 2023	d)
17	ANALYSIS OF NET ASSETSBETWEEN FUNDS —CURRENT YEAR
				Restricted	Unrestricted	Total
				funds	funds	funds
				E	E	E
	Tangible fixed assets			379,770	39,784	419,554
	Current assets			6,793	1,199,990	1,206,783
	Creditors due within	one year			(619,212)	(619,212)
	Provisions for liabilities and charges				(25,000)	(25,000)
				386,563	595,562	982,125
	ANALYSIS OF NETASSETSBETWEEN FUNDS —PRIOR			YEAR
				Restricted	Unrestricted	Total
				funds	funds	funds
				E	E	F
	Tangible fixed assets			6,660	55,435	62,095
	Current assets			20,459	1,125,095	1,145,554
	Creditors due within	one year			(604,722)	(604,722)
	Provisions for liabilities and charges				(25,000)	(25,000)
				27,119	550,808	577,927
18	RECONCILIATION OF NET MOVEMENT		IN FUNDS TO NET CASH FLOW FROM OPERATING
	ACTIVITIES				2023	2022
					E	E
	Net income/(expenditure) forthe year
	(as per Statement of Financial Activities)				404,198	81,840
	Adjustment for:
	Depreciation charges				37,483	32,578
	Dividends, interest and rents from investments				(4,321)	(1,822)
	(Profit) on the sale oftangible fixed assets
	(Increase) in debtors				(115,897)	(132,045)
	Increase/(Decrease)	in creditors			14,490	(47,802)
	Net cash provided by/(used in) operating		activities		335,953	(67,251)
19	ANALYSIS OFCASH	AND CASH EQUIVALENTS
					2023	2022
					E	E
	Cash in hand				599,604	654,272