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|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|directors'|report)||
|Independent
auditor's|report to|the members|||||
|Statement offinancial|activities|(including||income and|||
|expenditure
account)||||||13|
|Statement offinancial|position|||||14|
|Statement ofcash flows||||||15|
|Notes to the financial|statements||||||
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|Reference||and administrative|and administrative|and administrative|details|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||Hartcliffe
&Withywood||Ventures|||||
|Charity registration|||number||293417|||||||
|Company||registration||number|1971731|||||||
|Principal|office and||registered||The Gatehouse|Centre||||||
|office|||||Hareclive
Road|||||||
||||||Hartcliife|||||||
||||||Bristol|||||||
||||||BS139JN|||||||
|The directors|||||R Sheppard|||(Resigned|1 November|2022)||
||||||C Clemente|||||||
||||||H Holland|||||||
||||||M T Owens|||||||
||||||TAnstey|||||||
||||||D Portingale|||||||
||||||H Edwards|||(Resigned|9 November|2021)||
||||||A Retter|||||||
||||||JWatts|||(Appointed|9 November|2021)||
||||||C Way|||(Appointed|31 January|2023)||
|||||||||(Served from 9 November|||2021|
||||||BMclnally|||to 29 December 2021)||||
|Company||secretary|||J Thomas|||||||
|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 BS348ZJ|||||||
|Chief executive|||||P Mundy|||||||
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||||||2022||2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|E|E|6||
|Income and endowments||||||||
|Donations
and legacies|||5|3,278|2,251|5,529|94,282|
|Charitable
activities|||6|803,185||803,185|740,399|
|Other trading
activities|||7|540,529||540,529|436,211|
|Investment
income|||8|88||88|62|
|Other income|||9|622||622||
|Total income||||1,347,702|2,251|1,349,953|1,270,974|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofother trading|activities||10|387,436||387,436|337,933|
|Expenditure
on charitable|activities||11,12|837,936|9,902|847,838|812,599|
|Total expenditure||||1,225,372|9,902|1,235,274|1,150,532|
|Net income and net movement||in|funds|122,330|(7,651)|114,679|120,442|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||786,974|468,621|1,255,595|1,135,153|
|Total funds carried forward||||909,304|460,970|1,370,274|1,255,595|
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|31July 2022|||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note||F|
|Fixed assets|||||||
|Tangible fixed assets||||17|546,534|553,576|
|Current assets|||||||
|Debtors||||18|144,900|64,578|
|Cash at bank and|in|hand|||744,858|771,875|
||||||889,758|836,453|
|Creditors: amounts||falling|due within one year|19|66,018|134,434|
|Net current assets|||||823,T40|702,019|
|Total assets less|current||liabilities||1,370,274|1,255,595|
|Net assets|||||1,370,274|1,255,595|
|Funds ofthe charity|||||||
|Restricted funds|||||460,970|468,621|
|Unrestricted
funds|||||909,304|786,974|
|Total charity funds||||21|1,370,274|1,255,595|
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|Year ended 31July 20|22||||
|---|---|---|---|---|
||||2022|2021|
|||||r|
|Cash flows from operating|activities||||
|Net income|||114,679|120,442|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed|assets||12,015|13,218|
|Other interest receivable
and|similar income||(88)|(82)|
|Accrued (income)/expenses|||(7,682)|11,017|
|Changesin:|||||
|Trade and other debtors|||(80,322)|13,515|
|Trade and other creditors|||(60,734)|77,938|
|Cash generated
from operations|||(22,132)|236,048|
|Interest received|||88|82|
|Net cash (used in)/from
operating
activities|||(22,044)|236,130|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(4,973)|(8,381)|
|Net cash used
in investing
activities|||(4,973)|(8,381)|
|Net (decrease)/increase
in|cash and cash|equivalents|(27,017)|227,749|
|Cash and cash equivalents|at beginning|ofyear|771,875|544,126|
|Cash and cash equivalents|at end ofyear||744,858|771,875|
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|value, over the|useful economic|life ofthat asset as follows:|
|---|---|---|
|Long leasehold|property|over life ofthe lease|
|Equipment||331/3% reducing
balance|
|Short leasehold|property|over life ofthe lease|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2022|
||||F||8|
|Donations||||||
|Donations|and grants|||2,251|2,251|
|Grants||||||
|Government||Covid-19 JRSgrant|3,278||3,278|
||||3,278|2,251|5,529|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
||||F|6||
|Donations||||||
|Donations|and grants||1,264|2,850|4,114|
|Grants||||||
|Government||Covid-19 JRSgrant|90,168||90,168|
||||91,432|2,850|94,282|
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|Charitable
activities||||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
||||8|||
|Sale ofgoods/services|as part of|||||
|direct charitable
activities||4,234|4,234|2,553|2,553|
|BCC - Work Zone||||27,333|27,333|
|City of Bristol College||798,951|798,951|710,513|710,513|
|||803,185|803,185|740,399|740,399|
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|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|2022|Funds|2021|
|||||||5||||
||Conference||&meeting||room hire|9,375|9,375|1,256|1,256|
||Tenants|rental income||||104,775|104,775|100,561|100,561|
||Tenants|recharges||||16,410|16,410|4,742|4,742|
||Vending|machine||income||||1,381|1,381|
||Gatehouse||Cafe income|||48,669|48,669|16,530|16,530|
||Nursery|income||||361,300|361,300|311,741|311,741|
|||||||540,529|540,529|436,211|436,211|
|8.|Investment||income|||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
|||||||5||||
||Bank Interest|||||88|88|82|82|
|9.|Other income|||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
||Other income type|||1||622|622|||
|10.|Costs ofother trading||||activities|||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
|||||||||f||
||Nursery|||||307,271|307,271|276,508|276,508|
||Gatehouse||Cafe|||80,165|80,165|60,187|60,187|
||Vending|machines||||||1,238|1,238|
|||||||387,436|387,436|337,933|337,933|
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|11.|Expenditure|o|n|charitable|activities
by fund type||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
||||||||6||
||Main charitable|||activities||833,548|9,902|843,450|
||Support costs|||||4,388||4,388|
|||||||837,936|9,902|847,838|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds
6|Funds|2021
f|
||Main charitable|||activities||800,330|8,044|808,374|
||Support costs|||||4,225||4,225|
|||||||804,555|8,044|812,599|
|12.|Expenditure|on||charitable|activities by activity type||||
||||||Activities||||
||||||undertaken|Support|Total funds|Total fund|
||||||directly
f|costs
f|2022
8|2021|
||Main charitable||activities||843,450||843,450|808,374|
||Governance|costs||||4,388|4,388|4,225|
||||||843,450|4,388|847,838|812,599|
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|13.|to enable people to gain skills, knowledge
and qualifications
to
Net income|to enable people to gain skills, knowledge
and qualifications
to
Net income|gain sustainable
employ|ment.|
|---|---|---|---|---|
||Net income is stated after charging/(crediting):||||
||||2022|2021|
||||8||
||Depreciation
oftangible|fixed assets|12,015|13,218|
|14.|Auditors
remuneration||||
||||2022|2021|
||||8||
||Fees payable for the audit ofthe financial statements||2,600|2,500|
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|Staffcosts|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
||||2022
f|2021
f|
|Wages and salaries|||942,158|838,896|
|Social security costs|||55,845|53,008|
|Employer contributions|to pension|plans|17,831|16,146|
||||1,015,634|908,050|
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|No trustee received any reimbur
Tangible fixed assets|sed
expenses
during th|e year.|||
|---|---|---|---|---|
||||Short||
||Land and||Leasehold||
||buildingsf|Equipmentf|Property
f|Total
f|
|Cost|||||
|At 1 August 2021|656,430|307,639|93,372|1,057,441|
|Additions||4,973||4,973|
|At 31July 2022|656,430|312,612|93,372|1,062,414|
|Depreciation|||||
|At 1 August 2021|151,669|299,826|52,370|503,865|
|Charge for the year|5,099|4,638|2,278|12,015|
|At 31July 2022|156,768|304,464|54,648|515,880|
|Carrying
amount|||||
|At 31July 2022|499,662|8,148|38,724|548,534|
|At 31 July 2021|504,761|7,813|41,002|553,576|
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|Debtors|||||
|---|---|---|---|---|
||||2022|2021|
|||||8|
|Trade debtors|||13,439|14,999|
|Prepayments|and accrued income||10,314|12,507|
|Grant income|receivable||112,147|37,072|
|Other debtors|||9,960||
||||144,900|64,578|
|Creditors: amounts||falling due within one year|||
||||2022|2021|
||||8||
|Trade creditors|||17,848|82,209|
|Accruals and|deferred|income|7,213|14,895|
|Social security|and other taxes||19,076|14,753|
|Deposits and|other creditors||21,883|22,577|
||||66,018|134,434|
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||||At|||||
|---|---|---|---|---|---|---|---|
|||1|August 202||||At|
||||1
f|Income
f|Expenditure|31July 2022
f||
|General|funds||786,974|1,347,702|(1,225,372)||909,304|
||||At|||||
|||1|August 202||||At|
||||0|Income|Expenditure|31 July 2021||
||||||||F|
|General|funds||661,338|1,268,124|(1,142,488)||786,974|
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||||||At||||
|---|---|---|---|---|---|---|---|---|
||||||1 August 202|||At|
||||||1
f|Income
f|Expenditure
f|31July 2022
f|
|Capital|fund||||457,619||(6,843)|450,776|
|Community||Fund|||352|||352|
|Nursery|staff||training|fund|7,800||(808)|6,992|
|John James|||Bristol|Foundation|2,850|||2,850|
|Funds|raised||for specific purposes|||2,251|(2,251)||
||||||468,621|2,251|(9,902)|460,970|
||||||At||||
||||||1 August 202|||At|
||||||0
f|Income|Expenditure|31 July 2021|
|Capital|fund||||465,663||(8,044)|457,619|
|Community||Fund|||352|||352|
|Nursery|staff training|||fund|7,800|||7,800|
|John James|||Bristol|Foundation||2,850||2,850|
|Funds|raised||for specific purposes||||||
||||||473,815|2,850|(8,044)|468,621|
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|22.|Analysis of net a|sse|ts between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|TotaIFunds|
|||||Funds|Funds|2022|
|||||F|6|6|
||Tangible fixed assets|||93,629|452,905|546,534|
||Current assets|||881,693|8,065|889,758|
||Creditors less than|1|year|(66,018)||(66,018)|
||Net assets|||909,304|460,970|1,370,274|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|||||6||8|
||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|
|23.|Analysis ofchanges||in net debt||||
|||||At||At|
|||||1 Aug 2021
f|Cash flows|31 Jul 2022
8|
||Cash at bank and|in|hand|771,875|(27,017)|744,858|
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|Operating|lea|se commit|ments|||||
|---|---|---|---|---|---|---|---|
|The total|future|minimum|lease payments|under non-cancellable|operating|leases are|as follows:|
|||||||2022|2021|
|||||||6||
|Not later than||1 year||||9,072|7,000|
|Later than|1 year and not||later than 5years|||8,680|10,501|
|||||||17,752|17,501|
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