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2022-03-31-accounts

Page
Reference and administrative details ofthe Company, its Trustees and advisers
3-21
Trustees' report
Independent auditors'
report
on the financial statements 22 - 27
Consolidated statement
offinancial
activities 28
Consolidated balance sheet 29-30
Company balance sheet 31-32
Notes to the financial statements 33-45

astly reduced because of Covid-19, community
use wa
s still popular
during
less u
nrestricted
periods.
nrestricted
periods.
Group Type of use Group Type ofuse
Milton Keynes Natural Meetings MK Forum Base &meetings
History Society
Bradwell Abbey Scouts Meetings MK Environmental Meetings
Partnership
Word in Edgeways Meetings and Workshops Bradwell Abbey Friends Meetings
New Town Heritage Meetings and Workshops RSPBWildlife Explorers Meetings and event space
Explorers
Liisa Clark Arts Arts Events/exhibitions Interaction-MK Education sessions
MK National
Trust
Meetings JAMB Meetings and craft sessions
MK Council Meetings MK Power Meetings
Heritage
MK
Meetings FS1 Training

otal number
benefi
tting
fro
m City Discovery Centre's ac tivities
Activities Beneficiaries events Last year
Education
children
(under18) 3050 3035
Education Tertiary and 18+ 300 1244
Education —Professional
and
Foreign 30 200
Community
related
meeting, social and recreational 250 100
Heritage
visits or sessions
(adults, children, excluding 5000 3128
schools)
Arts &Cultural 9000 8748
Environmental 850 993
Health
lk Well-being
6500 6000
Public Events 2500 330
Volunteering 950 1000
Green space use and general public services/enquiries 23000 22000
Commercial 100 100
Total beneficiaries events or sessions 51530 46878

Unrestricted Restricted Total funds Total funds
funds funds
2022 2022 2022 2021
Income from: Note f E E
Donations
and legacies
Charitable
activities
Other trading activities
Investments
Total income
62,389
5,795
75,116
75,087
218,387
27,535
27,535
89,924
5,795
75,116
75,087
245,922
326,787
(43)
7,422
75,276
409,442
Expenditure
on:
Raising funds
Charitable
activities
Total expenditure
22,758
233,174
255,932
31,865
31,865
22,758
265,039
287,797
24,675
356,121
380,796
Net income/(expenditure) (37,545) (4,330) (41,875) 28,646
Transfer between
funds
127,109 (127,109)
Net movement
in funds
89,564 (131,439) (41,875) 28,646
Reconciliation offunds:
Total funds brought
forward
Net movement
in funds
157,459
89,564
133,439
(131,439)
290,898
(41,875)
262,252
28,646
Total funds carried forward 247,023 2,000 249,023 290,898

S AT31 MARCH 202 2
2022 2021
Note E E E
Fixed assets
Tangible assets
41,898
41,898
51,674
51,674
Current assets
Stocks
Debtors
Cash at bank and in
hand 13
14
3,246
16,813
248,412
268,471
3,526
15,516
261,495
279,537
Creditors: amounts
within one year
falling due 15 (61,346) (40,313)
Net current assets 207,125 239,224
Total assets less current liabilities 249,023 290,898
Net assets excluding pension asset 249,023 290,898
Total net assets 249,023 290,898
Charity funds
Restricted
funds
16 2,000 133,439
Unrestricted
funds
16 247,023 157,459
Total funds 249,023 290,898

S AT31 MARCH 202 2
2022 2021
Note f f f
Fixed assets
Tangible assets
Investments
11
12
40,565
100
40,665
49,602
100
49,702
Current assets
Stocks
13 1,016
Debtors 14 89,665 49,995
Cash at bank and in hand 124,566 214,740
214,231 265,751
Creditors: amounts falling due
within one year 15 (20,276) (30,936)
Net current assets 193,955 234,815
Total assets less current liabilities 234,620 284,517
Totalnet assets 234,620 284,517
Charity funds
Restricted
funds
16 2,000 133,439
Unrestricted
funds
16 232,620 151,078
Total funds 234,620 284,517

.Income fro m donations
and legacies
Unrestricted Restricted Total funds
funds funds
2022 2022 2022
f f E
Donations 501 501
Grants 14,000 27,535 41,535
Government grants 47,888 47,888
62,389 27,535 89,924
Unrestricted Restricted Total funds
funds funds
2021 2021 2021
E E E
Donations 20 20
Grants 42,010 225,826 267,836
Government grants 58,931 58,931
100,961 225,826 326,787

Unrestricted Tota I funds
funds
2022 2022
E E
Service and education provision 5,795
5,795
5,795
5,795
Unrestricted Total funds
funds
2021 2021
E E
Service and education provision (43) (43)
(43) (43)

.Investment
i
ncome
Unrestricted Total funds
funds
2022 2022
E
Rental income 75,065 75,065
Bank interest receivable 22 22
75,087 75,087
Unrestricted Total funds
funds
2021
E
2021f
Rental income 75,219 75,219
Bank interest receivable 57 57
75,276 75,276

Unrestricted Restricted Tota I funds
funds funds
2022 2022 2022
E f E
Charitable activities 233,174 31,865 265,039
Unrestricted Restricted Total funds
funds funds
2021 2021 2021
f f E
Charitable activities 223,891 132,230 356,121

Activities Support Total funds
undertaken costs
directly
2022 2022 2022
E E E
C ha rita b le activities 253,823 11,216 265,039
Unrestricted Restricted Total funds
funds funds
2021 2021 2021
E E
Charitable activities 345,761 10,360 356,121

nalysis of direct costs
Charitable Tota I funds
activities
2022 2022
E
Depreciation
Education
expenditure
Fundraising
and publicity
Grants
Premises and office costs
14,583
7,429
1,833
31,866
198,112
14,583
7,429
1,833
31,866
198,112
253,823 253,823
Charitable Total funds
activities
2021 2021
E E
Depreciation
Education
expenditure
7,795
355
7,795
355
Fundraising
Grants
and publicity (775)
122,717
(775)
122,717
Premises and office costs 215,669 215,669
345,761 345,761

2022 2021
f E
Fees payable to the Company's auditor for the
audit ofthe Company's annual accounts 5,000 5,000

Group Group
2022 2021
E E
Wages and salaries 139,677 123,739
139,677 123,739
Group Group Company Company
2022 2021 2022 2021
No. No. No. No.
Administration staff 4 5

1.Tangible fixed assets
Group Equipment Other fixtures Total
and fittings
E
Cost or valuation
At 1April 2021
Additions
1,499 95,817
5,546
97,316
5,546
Disposals
At 31March 2022
1,499 101,363 102,862
Depreciation
At 1April 2021
Charge for year
1,499 44,143
15,322
45,642
15,322
On disposals
At 31March 2022
1,499 59,465 60,964
Net book value
At 31March 2022 41,898 41,898
At 31March 2021 51,674 51,674
Company Equipment Other fixtures Total
and fittings
E
Cost or valuation
At 1April 2021
Additions
1,499 83,323
5,546
84,822
5,546
Disposals
At 31March 2022 1,499 88,869 90,368
Depreciation
At 1April 2021 1,499 33,721 35,220
Charge for year 14,583 14,583
On disposals
At 31March 2022 1,499 48,304 49,803
Net book value
At 31March 2022 40,565 40,565
At 31March 2021 49,602 49,602

13.Stocks Group
2022
Group
2021
Company
2022
Company
2021
f E E E
Finished goods and goods for resale 3,246 3,526 1,016
14.Debtors
Group Group Company Company
2022 2021 2022 2021
E E
Due within one year
Trade debtors
Amounts
owed by group undertakings
Other debtors
Prepayments
and accrued income
4,501
12,312
16,813
833
54
14,629
15,516
4,501
72,889
12,275
89,665
358
40,497
25
9,115
49,995

5.Creditors: A mounts falling due within o ne year
Group Group Company Company
2022
f
2021f 2022 2021
Trade creditors 12,323 20,347 9,305 19,463
Other taxation and social security 3,094
Other creditors 2,841 2,844 2,841 2,841
Accruals and deferred income 43,088 17,122 8,130 8,632
61,346 40,313 20,276 30,396

Balance at Transfer to Balance at 31
1April Income Expenditure other March 2022
2021 reserves
f f
Unrestricted
funds
General funds —all funds 157,459 218,387 (255,932) 127,109 247,023
Restricted funds
AHRC New Town Heritage Networks 2,523 (2,523)
New Towns Heritage Festival 3,371 (3,371)
MK Council
—Maintenance
Plans 36,917 5,000 (5,000) (36,917)
MK Council —SEND digital
educational
project
and 5,000 (5,000)
MK Council —Awards for all 10,000 (10,000)
Historical
England
6,146 6,535 (11,865) (816)
Heritage
MK
10,943 (10,943)
Awards for All - Naturefest 3,931 (3,931)
Pilgrims
Trail and Medieval
Fair 1,966 (1,966)
Woodland
Walk
5,000 (5,000)
MK Council - Marketing (1,235) 1,235
Bradwell Abbey and Me Project (5,503) 5,503
Volunteers
Makers Event
1,000 (1,000)
Garden Project 1,675 (1,675)
MK Community
Foundation
(822) 822
New Town Heritage Explorers (7,879) 7,879
Bradwell
Parish
1,000 1,000 2,000
Press day 975 (975)
Dress day (1,549) 1,549
Santander
and Xmas
Lunch (526) 526
DCMS 75,410 (75,410)
Design
MK
96 (96)
133,439 27,535 (31,865) (127,109) 2,000
Total offunds 290,898 245,922 (287,797) 249,023

7.Summary of funds
ummary
offunds -current y
ear
Balance at Transfer Balance at
1April between 31March
2021
E
Income
E
Expenditure
f
reserves
f
2022
E
General funds 157,459 218,387 (255,932) 127,109 247,023
Restricted funds 133,439 27,535 (31,865) (127,109) 2,000
290,898 245,922 (287,797) 249,023
nalysis o fnet assets betw een funds -current year
Unrestricted Restricted Total
funds funds funds
2022 2022 2022
E E
Tangible
Current
fixed
assets
assets 41,898
266,471
2,000 41,898
268,471
Creditors due within one year (61,346) (61,346)
247,023 2,000 249,023