| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating the |
directors' | report) | ||||
| Independent | auditor's | report to | the members | |||
| Statement of | financial | activities | (including | income and expenditure | ||
| account) | 12 | |||||
| Statement of | financial | position | 13 | |||
| Statement of | cash flows | 14 | ||||
| Notes to the financial | statements | |||||
| The following | pages | do not form part ofthe financial statements | ||||
| Detailed statement offinancial |
activities | 26 | ||||
| Notes to the detailed | statement | offinancial | activities | 28 |
| Reference | and adm | inistrative de |
inistrative de |
tails | tails | ||||
|---|---|---|---|---|---|---|---|---|---|
| Registered | charity | name | Hartcliffe &Withywood |
Ventures | |||||
| Charity registration | number | 293417 | |||||||
| Company | registration | number | 1971731 | ||||||
| Principal office and | registered | The Gatehouse | Centre | ||||||
| office | Hareclive Road |
||||||||
| Haitcliffe | |||||||||
| Bristol | |||||||||
| BS139JN | |||||||||
| The directors | R Sheppard | ||||||||
| C Clements | |||||||||
| H Holland | |||||||||
| M T Owens | |||||||||
| TAnstey | |||||||||
| D Portingale | |||||||||
| H Edwards | (Resigned | 9 November 2021) | |||||||
| A Retter | |||||||||
| (Served from 9November | 2021 to29 | ||||||||
| BMclnally | December | 2021) | |||||||
| JWatts | (Appointed | 9 November 2021) | |||||||
| Company | secretary | JThomas | |||||||
| Auditor | Elliott Bunker Limited | ||||||||
| Chartered Accountants |
&statutory | auditor | |||||||
| 61 Macrae Road | |||||||||
| Ham Green | |||||||||
| Bristol | |||||||||
| BS20ODD | |||||||||
| Bankers | Barclays Bank Pic | ||||||||
| PO Box324 | |||||||||
| Park House | |||||||||
| Newbrick Road |
|||||||||
| Stoke Gifford | |||||||||
| Bristol BS34SZJ | |||||||||
| Chief executive | P Mundy |
| Year ended 31 July 2 | 021 | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestdcted | Restricted | ||||||
| Itote | funds f |
funds 8 |
Total funds 8 |
Totalfunds 6 |
|||
| Income and endowments | |||||||
| Donations and legacies |
5 | 91,432 | 2,850 | 94,282 | 84,118 | ||
| Charitable activities |
6 | 740,399 | 740,399 | 657,953 | |||
| Other trading activities |
7 | 436,211 | 436,211 | 434,159 | |||
| Investment income |
8 | 82 | 82 | 2,242 | |||
| Total income | 1,268,124 | 2,850 | 1,270,974 | 1,178,472 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofother trading | activities | 9 | 337,933 | 337,933 | 377,212 | ||
| Expenditure on charitable |
activities | 10,11 | 804,555 | 8,044 | 812,599 | 787,021 | |
| Total expenditure | 1,142,488 | 8,044 | 1,15D,532 | 1,164,233 | |||
| Net income and net movement | in funds | 125,636 | (5,194) | 12D,442 | 14,239 | ||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
661,338 | 473,815 | 1,135,153 | 1,120,914 | |||
| Total funds cerned forward | 786,974 | 468,621 | 1,255,595 | 1,135,153 |
| 31July 2021 | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Note | 6 | 6 | |||
| Fixed assets | |||||
| Tangible fixed assets | 16 | 553,576 | 558,413 | ||
| Current assets | |||||
| Debtors | 17 | 64,578 | 82,101 | ||
| Cash at bank and in | hand | 771Jt75 | 544,126 | ||
| 836r453 | 626,227 | ||||
| Creditors: amounts | falling | due within one year | 18 | 134,434 | 49,487 |
| Net current assets | 702,019 | 576,740 | |||
| Total assets less current | liabilities | 1,255,595 | 1,135,153 | ||
| Net assets | 1,255,595 | 1,135,153 | |||
| Funds ofthe charity | |||||
| Restricted funds | 468,621 | 473,815 | |||
| Unrestricted funds |
786,974 | 661,338 | |||
| Total charity funds | 20 | 1,255,595 | 1,135,153 |
| Year ended 31 July 20 | 21 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 6 | 6 | |||
| Cash flows from operating | activities | |||
| Net income | 120,442 | 14,239 | ||
| Adjustments for: |
||||
| Depreciation oftangible fixed assets |
13,218 | 10,839 | ||
| Other interest receivable and |
similar income | (82) | (2,242) | |
| Accrued expenses/(income) | 11,017 | (17,636) | ||
| Changesin: | ||||
| Trade and other debtors | 13,515 | (1,479) | ||
| Trade and other creditors | 77,938 | (6,667) | ||
| Cash generated from operations |
236,048 | (5,148) | ||
| Interest received | 82 | 2,242 | ||
| Nst cash from/(used in) operating activities |
236,130 | (2,906) | ||
| Cash flows from investing | activities | |||
| Purchase oftangible assets | (8,381) | (1,695) | ||
| Net cash used in investing activities |
(8,381) | (1,695) | ||
| Net increase/(decrease) In Cash and cash equivalents |
cash and cash at beginning |
equivalents ofyear |
227,749 544,126 |
(4,601) 546,727 |
| Cash and cash equivalents | at end ofyear | 771,875 | 544,126 |
| Donations | and | legacies | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds f |
Funds f |
2021 f |
||||
| Donations | ||||||
| Donations | and | grants | 1,264 | 2,850 | 4,114 | |
| Grants | ||||||
| BCCre nursery | staff training | |||||
| Government | Covid-19 JRSgrant | 90,168 | 90,168 | |||
| 91,432 | 2,850 | 94,282 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds f |
Funds F |
2020 F |
||||
| Donations | ||||||
| Donations | and | grants | 4,254 | 4,254 | ||
| Grants | ||||||
| BCCre nursery | staff training | 7,800 | 7,800 | |||
| Government | Covid-19 JRS grant | 72,064 | 72,064 | |||
| 76,318 | 7,800 | 84,118 |
| Charitab | le activities |
|||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds F |
2021 f |
Funds f |
2020 f |
|||
| Sale of | goods/services | as part ofdirect | ||||
| charitable activities |
2,553 | 2,553 | 2,601 | 2,601 | ||
| Learning Curve BCC - Work Zone |
27,333 | 27,333 | (345) 70,333 |
(345) 70,333 |
||
| City ofBristol College | 710,513 | 710,513 | 585,364 | 585,364 | ||
| 740,399 | 740,399 | 65'7,953 | 657,953 | |||
| Other trading activities |
||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds f |
2021 f |
Funds f |
2020 f |
|||
| Conference & meeting |
room hire | 1,256 | 1,256 | 10,480 | 10,480 | |
| Tenants | rental income | 100,561 | 100,561 | 102,943 | 102,943 | |
| Tenants | recharges | 4,742 | 4,742 | 4,399 | 4,399 | |
| Vending | machine income |
1,381 | 1,381 | 4,358 | 4,358 | |
| Gatehouse Cafe income |
16,530 | 16,530 | 26,436 | 26,436 | ||
| Nursery | income | 311,741 | 311,741 | 285,543 | 285,543 | |
| 436,211 | 436,211 | 434,159 | 434,159 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds f |
2021 f |
Funds f |
2020 f |
|||||
| Bank Interest | 82 | 82 | 2,242 | 2,242 | ||||
| Costs ofother | trading activities | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds f |
2021 f |
Funds f |
2020 f |
|||||
| Nursery | 276,508 | 276,508 | 312,948 | 312,948 | ||||
| Gatehouse | Cafe | 60,187 | 60,187 | 59,792 | 59,792 | |||
| Vending | machines | 1,238 | 1,238 | 4,472 | 4,472 | |||
| 337,933 | 337,933 | 377,212 | 377,212 | |||||
| Expenditure | on charitable | activities by | fund type | |||||
| Unrestricted | Restricted | TotaIFunds | ||||||
| Funds f |
Funds | 2021 f |
||||||
| Main charitable | activities | 800,330 | 8,044 | 808,374 | ||||
| Support | costs | 4,225 | 4,225 | |||||
| 804,555 | 8,044 | 812,599 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds f |
2020 f |
||||||
| Main charitable | activities | 774,493 | 8,303 | 782,796 | ||||
| Support | costs | 4,225 | 4,225 | |||||
| 778,718 | 8,303 | 787,021 | ||||||
| Expenditure | on charitable | activities by | activity type | |||||
| Activities | ||||||||
| undertaken | Total funds | Total fund | ||||||
| directly | Support costs f |
2021 f |
2020 f |
|||||
| Main charitable | activities | 808,374 | 808,374 | 782,796 | ||||
| Governance | costs | 4,225 | 4,225 | 4,225 | ||||
| 808,374 | 4,225 | 812,599 | 787,021 |
| Yea | r ended 31July 202 | 1 | ||||
|---|---|---|---|---|---|---|
| 12. | Net income | |||||
| Net income is stated after charging/(crediting): | ||||||
| 2021 f |
2020 f |
|||||
| Depreciation oftangible |
fixed assets | 13,218 | 10,839 | |||
| 13. | Auditors remuneration |
|||||
| 2021 f |
2020 f |
|||||
| Fees payable for the audit ofthe financial statements |
2,500 | 2,500 | ||||
| 14. | Staffcosts | |||||
| The total staff costs and | employee | benefits for the reporting | period are | analysed as follows: | ||
| 2021 | 2020 | |||||
| f | ||||||
| Wages and saladies | 838,896 | 877,857 | ||||
| Social security costs | 53,008 | 48,319 | ||||
| Employer contributions | to pension | plans | 16,146 | 15,415 | ||
| 908,050 | 941,591 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Short | ||||
| Land and | Leasehold | |||
| buildings | Equipment | Property | Total | |
| 6 | 6 | 6 | ||
| Cost | ||||
| At 1 August 2020 | 656,430 | 299,258 | 93,372 | 1,049,060 |
| Additions | 8,381 | 8,381 | ||
| At 31July 2021 | 656,430 | 307,639 | 93,372 | 1,057,441 |
| Depreciation | ||||
| At 1 August 2020 | 144,918 | 295,637 | 50,092 | 490,647 |
| Charge for the year | 6,751 | 4,189 | 2,278 | 13,218 |
| At 31July 2021 | 151,669 | 299,826 | 52,370 | 503,865 |
| Carrying amount |
||||
| At 31July 2021 | 504,761 | 7,813 | 41,002 | 553,576 |
| At 31 July 2020 | 511,512 | 3,621 | 43,280 | 558,413 |
| Debtors | |||
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | f | ||
| Trade debtors | 14,999 | 5,314 | |
| Prepayments | and accrued income | 12,507 | 15,123 |
| Grant income | receivable | 37,072 | 59,194 |
| Other debtors | 2,470 | ||
| 64,578 | 82,101 |
| Creditors: amounts falling due within one year |
||
|---|---|---|
| 2021 | 2020 | |
| 8 | ||
| Trade creditors | 82,209 | 8,474 |
| Accruals and deferred income | 14,885 | 7,886 |
| Social security and other taxes | 14,753 | 10,554 |
| Deposits and other creditors | 22,577 | 22,573 |
| 134,434 | 49,467 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 | August 2020 | Income f |
Expenditure | 31July 2021 f |
|||
| General | funds | 661,338 | 1,268,124 | (1,142,488) | 786„974 | ||
| At | |||||||
| 1 | August 2019 8 |
Income 8 |
Expenditure | %t | 31 July 2020 f |
||
| General | funds | 646,596 | 1,170,672 | (1,155,930) | 661,338 |
| At | At | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 August 2020 f |
Income | Expenditure f |
31July 2021 | |||||
| Capital | fund | 465,663 | (8,044) | 457,61$ | ||||
| Community | Fund | 352 | 352 | |||||
| Nursery | staff training | fund | 7,800 | 7,800 | ||||
| John James | Bristol | Foundation | 2,850 | 2,850 | ||||
| 473,815 | 2,850 | (8,044) | 468,621 | |||||
| At | ||||||||
| 1 August 2019 F |
Income f |
Expenditure f |
At | 31 July 2020 f |
||||
| Capital | fund | 473,966 | (8,303) | 465,663 | ||||
| Community | Fund | 352 | 352 | |||||
| Nursery | staff training | fund | 7,800 | 7,800 | ||||
| John James | Bristol | Foundation | ||||||
| 474,318 | 7,800 | (8,303) | 473,815 |
| Yea | r ended | 31July 2021 | 31July 2021 | 31July 2021 | 31July 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 21. | Analysis | ofnet assets between funds | ||||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds f |
Funds f |
2021 f |
||||||||
| Tangible | fixed | assets | 93,829 | 459,747 | 553,576 | |||||
| Current assets | 827,579 | 8,874 | 836,453 | |||||||
| Creditors | less | than 1 |
year | (134,434) | (134,434) | |||||
| Net assets | 786,974 | 468,621 | 1,255,595 | |||||||
| Unrestricted | Restricted | Total Funds | ||||||||
| Funds f |
Funds f |
2020 F |
||||||||
| Tangible | fixed | assets | 90,622 | 467,791 | 558,413 | |||||
| Current assets | 620,203 | 6,024 | 626,227 | |||||||
| Creditors | less | than 1 |
year | (49,487) | (49,487) | |||||
| Net assets | 661,338 | 473,815 | 1,135,153 | |||||||
| 22. | Analysis | ofchanges | in net debt | |||||||
| At 1 Aug 2020 f |
Cash flows f |
At 31 | Jul 2021 f |
|||||||
| Cash at bank and in hand | 544,126 | 227,749 | 771,875 | |||||||
| 23. | Operating | lease commitments | ||||||||
| The total | future | minimum | lease payments | under | non-cancellable operating |
leases are as follows: | ||||
| 2021 f |
2020 f |
|||||||||
| Not later than | 1 year | 7,0DD | 7,000 | |||||||
| Later than 1 year and |
not | later than 5years | 10,501 | 17,501 | ||||||
| 17,5D1 | 24,501 |