| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Report ofthe independent Auditors |
17 | |
| Statement of Financial Activities |
20 | |
| Consolidated Balance Sheet |
21 | |
| Consolidated Cash Flow Statement |
23 | |
| Notes to the Consolidated Cash |
Flow Statement | 25 |
| Detailed Statement of Financial |
Activities | 38 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | E | |||||||
| Incoming | resources | 7,326,140 | 7,590,640 | |||||
| Resources | expended | (6,743,882) | (7,730,120) | |||||
| Net incoming/(outgoing) | resources | 582,258 | (139,480) | |||||
| Unrealised | gains/(losses) | on | investments | (6,057) | ||||
| Retained | surplus/(deficit) | 582,258 | (145,537) | |||||
| Funds | ||||||||
| Restricted | funds | 73,326 | 65,780 | |||||
| Unrestricted | funds: designated | funds | 622,086 | 608,981 | ||||
| Unrestricted | funds: general | funds | 845,284 | 283,677 | ||||
| Unrestricted | funds: Subsidiary | 52 | 52 | |||||
| 1,540,748 | 958,490 |
| 31/03/2021 | 31/3/2020 | 31/3/2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total | funds | |||||
| funds | funds | ||||||||
| Notes | E | E | E | ||||||
| INCOME AND | ENDOWMENTS | FROM | |||||||
| Operating income |
2 | 6,520,035 | 766,302 | 7,286,337 | 7,526,214 | ||||
| Other trading | activities | 3 | 25,167 | 25,167 | 40,000 | ||||
| Investment income |
4 | 14,636 | 14,636 | 24,426 | |||||
| Total | 6,559,838 | 766,302 | 7,326,140 | 7,590,640 | |||||
| EXPENDITURE | ON | ||||||||
| Raising funds | 1,033 | 1,033 | 1,808 | ||||||
| Charitable activities |
|||||||||
| General | 5,982,093 | 3,335 | 5,985,428 | 7,293,803 | |||||
| DfE Practice 8 | Innovation | Fund | 163,270 | ||||||
| LCC-SLA Learning Disabilities |
Services | 66,701 | 66,701 | 67,252 | |||||
| Donations and |
Fundraising | 32,032 | 32p032 | 27,200 | |||||
| Other Learning | Disabilities | Service Grants | 1,641 | ||||||
| Big Lottery Fund-ACE Project | 158,244 | 158,244 | 164,469 | ||||||
| Community Grants |
22,500 | 22,500 | 7,500 | ||||||
| DfE Expansion | Grants | 3,177 | |||||||
| COVID Funding | 52,861 | 52,861 | |||||||
| DfE Funding | 423,083 | 423,083 | |||||||
| Legacies | 2,000 | 2,000 | |||||||
| Total | 5,985,126 | 758,756 | 6,743,882 | 7,730,120 | |||||
| Net (losses)/gains on investments |
(6,057) | ||||||||
| NET INCOME/ | (EXPENDITURE) | 574,712 | 7,546 | 582,258 | (145,537) | ||||
| RECONCILIATION OF FUNDS |
|||||||||
| Total funds brought forward | 892,710 | 65,780 | 958,490 | 1,104,027 | |||||
| TOTAL FUNDS | CARRIED FORWARD | 1,467,422 | 73 326 | 1/540p748 | 958,490 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |||
| Notes | E | E | E | E | ||
| FIXEDASSETS | ||||||
| Tangible assets | 365,854 | 324,258 | 365,854 | 324,258 | ||
| Investments | ||||||
| Investments | 13 | 100 | 100 | |||
| Investment | property | 14 | 174,000 | 294,989 | 174'000 | 294,989 |
| 539,854 | 619,247 | 539,954 | 619,347 | |||
| CURRENT ASSETS | ||||||
| Debtors | 15 | 903,231 | 1,310,546 | 903,231 | 1,310,546 | |
| Cash at bank | 1,049,087 | 65,780 | 1,049,087 | 65,780 | ||
| 1,952,318 | 1,376,326 | 1,952,318 | 1,376,326 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
16 | (951,424) | (1,037,083) | (951,576) | (1,037,235) | |
| NET CURRENT ASSETS | 1,000,894 | 339,243 | 1,000,742 | 339,091 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | ||||||
| 1p540p748 | 958490 | 1540 696 | 958438 | |||
| NET ASSETS | 1,540,748 | 958490 | 1p540J696 | 958438 | ||
| FUNDS | 18 | |||||
| Unrestricted | funds | 1,467,370 | 892,658 | 1,467,370 | 892,658 | |
| Restricted funds |
73,326 | 65,780 | 73,326 | 65,780 | ||
| Subsidiary | 52 | 52 | ||||
| TOTAL FUNDS | Lp540p748 | 958,490 | 1,540,696 | 958,438 |
| Notes | ||
|---|---|---|
| Cash flows from operating activities: |
||
| Cash generated from operations |
||
| Net cash provided by (used in) operating |
||
| activities | ||
| Cash flows from investing activities: |
||
| Purchase oftangible fixed assets | ||
| Purchase offixed asset investments | ||
| Sale oftangible fixed assets | ||
| Sale offixed asset investments | ||
| Dividends received |
||
| Net cash provided by (used in) investing |
||
| activities | ||
| Change in cash and cash equivalents |
in the | |
| reporting period |
||
| Cash and cash equivalents at the beginning |
||
| ofthe reporting period |
||
| Cash and cash equivalents at the end |
of | |
| the reporting period |
| 1 RECONCILIATION |
1 RECONCILIATION |
OF NET INCOME/(EXPENDITURE) | OF NET INCOME/(EXPENDITURE) | TO NET CASH FLOW FROM OPERATING ACTIVITIES | TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|---|---|---|
| Group & |
Group 8 | ||||
| Charity | Charity | ||||
| 2021 | 2020 | ||||
| f | E | ||||
| Net income/(expenditure) | for the | 582,258 | (145,537) | ||
| reporting period (as |
per | the statements | of | ||
| financial activities | |||||
| Adjustments for: |
|||||
| Depreciation charges |
28,722 | 24,568 | |||
| Dividends received |
(1,568) | ||||
| Investments | 6,057 | ||||
| Decrease/(increase) | in debtors | 407,315 | (203,412) | ||
| (Decrease)/increase | in creditors | 92,453 | (16,926) | ||
| Net cash provided by (used in) operating |
1,110,748 | (336,818) | |||
| activities | |||||
| 2 ANALYSIS OF CASH AND CASH EQUIVALENTS |
|||||
| Notice deposits (less | than | 3 months) | 1,049,087 | 65,780 | |
| Overdraffs included |
in bank loans and | (178,112) | |||
| overdrafts falling due within one year |
|||||
| Total cash and cash equivalents | 1,049,087 | (112,332) |
| Freehold property | —not provided | |
|---|---|---|
| Improvements to property |
—20/o on cost | |
| Fixtures and fittings | -25/o on cost | |
| Motor vehicles | —26/ on reducing | balance |
| Computer equipment |
—33/o on reducing | balance |
| 14,636 | 24,426 | ||
|---|---|---|---|
| 5. RAISING FUNDS |
31/03/2021 | 31/03/2020 | |
| Raising donations and legacies |
E | f | |
| Fundraising costs |
1,033 | 1,808 | |
| 1,033 | 1,808 | ||
| 6. CHARITABLE ACTIVITIES COSTS |
31/03/2021 | 31/03/2020 | |
| f | f | ||
| General | 5,985,428 | 7,293,803 | |
| DfE Practice IL innovation | Fund | 163,270 | |
| LCC-SLA I earning Disabilities Services |
66,701 | 67,252 | |
| Donations and Fundraising |
32,032 | 27,200 | |
| Other Learning Disabilities |
Service Grants | 1,641 | |
| Big Lottery Fund-ACE Project | 158,244 | 164,469 | |
| Community Grants |
22,500 | 7,500 | |
| DfE Expansion Grants |
3,177 | ||
| COVID Funding | 52,861 | ||
| DFE Funding | 423,083 | ||
| Legacies | 2,000 | ||
| 6,742,849 | 7,728,312 | ||
| 7. NET INCOME/(EXPENDITURE) |
31/03/2021 | 31/03/2020 | |
| Net income (expenditure) | is stated after charging/(crediting): | ||
| Depreciation —owned assets | 28.722 | 24,568 | |
| Loss on disposal ofassets | 4,358 | ||
| Auditors Remuneration |
4,800 | 4,530 | |
| Non-Audit Services |
32,627 | 9,270 |
| 9. | STAFF COSTS | 31/03/2021 | 31/03/2020 |
|---|---|---|---|
| E | E | ||
| Wages 8 | salaries | 3,554,468 | 4,388,305 |
| Social Security costs | 308,050 | 347,265 | |
| Pension | costs | 376,005 | 378,736 |
| 4,238,523 | 5,114,306 |
| 31/03/2021 | 31/03/2021 | 31/03/2020 | 31/03/2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | E | |||||||||
| Direct charity workers | 151 | 153 | ||||||||
| Management and administration |
12 | 12 | ||||||||
| 163 | 165 | |||||||||
| No employees had benefits (excluding |
employer | pension | costs) in excess of660,000. | |||||||
| In addition, the Charity benefitted |
from the | service ofover 50 volunteers including |
those who | volunteer | at the | |||||
| charity shops (50 in 2020). No | remuneration | was | paid to | these individuals. | ||||||
| 10. COMPARATIVES FOR |
THE | STATEMENT | OF | Unrestricted | Restricted | Total | Funds | |||
| FINANCIAL ACTIVITIES | Funds | Funds | ||||||||
| INCOME AND ENDOWMENTS | FROM | |||||||||
| Donations and legacies |
7,087,160 | 439,054 | 7,526,214 | |||||||
| Other trading activities |
40(000 | 40,000 | ||||||||
| Investment income |
24,426 | 24,426 | ||||||||
| Total | 7,151,586 | 439,054 | 7,590,640 | |||||||
| EXPENDITURE ON | ||||||||||
| Raising Funds | 1,808 | 1,808 | ||||||||
| Charitable objectives |
||||||||||
| General | 7,293,803 | 7,293,803 | ||||||||
| DfE Practice 8 Innovation Fund |
163,270 | 163,270 | ||||||||
| LCC-SLA Learning Disabilities |
Services | 67,252 | 67,252 | |||||||
| Donations and Fundraising |
27,200 | 27,200 | ||||||||
| Other Learning Disabilities Service |
Grants | 1,641 | 1,641 | |||||||
| Big Lottery Fund-ACE Project | 164,469 | 164,469 | ||||||||
| DfE Expansion Grants |
3,177 | 3 177 | ||||||||
| Community Grants |
7,500 | 7,500 | ||||||||
| Total | 7,295,611 | 434,509 | 7,730,120 | |||||||
| Net gains (losses) on investments | (6,057) | (6,057) | ||||||||
| NET INCOME/(EXPENDITURE) | (150,082) | 4,545 | (145,537) | |||||||
| RECONCILIATION OF FUNDS |
||||||||||
| Total funds brought forward | 1,042,792 | 61,235 | 1,104,027 | |||||||
| TOTAL FUNDS CARRIED FORWARD | 892,710 | 65,780 | 958,490 |
| 12. GROUP &CHARITY TANGIBLE FIXEDASSETS |
Freehold | Improvement | Fixtures and |
|---|---|---|---|
| Property E |
to Property f | Fittings E |
|
| COST | 287,992 | 460,283 | 143,634 |
| At 1April 2020 | 38,567 | 2,402 | |
| Additions | (173,386) | (51,164) | |
| Disposals | |||
| 287,992 | 325,464 | 94,872 | |
| At 31March 2021 | |||
| DEPRECIATION | |||
| At 1April 2010 | 458,003 | 129,397 | |
| Charge for year | 8,609 | 5,613 | |
| Eliminated on disposal |
(172,002) | (51,164) | |
| At 31March 2021 | 294,610 | 83,846 | |
| NET BOOK VALUE | |||
| At 31March 2021 | 287,992 | 30,854 | 11,026 |
| At 31March 2020 | 287,992 | 2,280 | 14,237 |
|---|---|---|---|
| 12. TANGIBLE FIXED ASSETS |
Motor | Computer | Totals |
| Vehicles | Equipment | ||
| E | E | ||
| COST | |||
| At 1April 2020 | 92,124 | 30,264 | 1,014,297 |
| Additions | 16,641 | 18,166 | 75,776 |
| Disposals | (7,920) | (661) | (233,131) |
| At 31March 2021 | 100,845 | 47,769 | 856,942 |
| DEPRECIATION | |||
| At 1April 2020 | 80,625 | 22,014 | 690,039 |
| Charge for year | 6,039 | 8,461 | 28,722 |
| Eliminated on disposal |
(3,936) | (571) | (227,673) |
| At 31March 2021 | 82,728 | 29,904 | 491,088 |
| NET BOOK VALUE | |||
| At 31March 2021 | 18,117 | 17,865 | 365,854 |
| At31March 2020 | 11,499 | 8,250 | 324,258 |
| 13. FIXEDASSET INVESTMENTS |
Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |||
| E | E | |||||
| MARKET VALUE | ||||||
| At 1April 2020 | 197,032 | 197,032 | ||||
| Additions | 6,098 | 6,098 | ||||
| Disposals | (203,130) | (203,130) | ||||
| Re-evaluations | ||||||
| Investment in subsidiary |
100 | 100 | ||||
| At 31March 2021 | 100 | 100 | ||||
| NET BOOK VALUE | ||||||
| At 31March 2021 | 100 | 100 |
| FAIR VALUE | |
|---|---|
| At 1April 2020 Disposals |
294,989 (120,989) |
| At 31March 2021 | 174,000 |
| NET BOOK VALUE | |
| At 31March 2021 | 174,000 |
| At 31March 2020 | 294,989 |
| 15. DEBTORS.' AMOUNTS DUE WITHIN ONE YEAR |
15. DEBTORS.' AMOUNTS DUE WITHIN ONE YEAR |
FALLING | Group & Charity 2021 f |
Group & Charity 2020 E |
|||
|---|---|---|---|---|---|---|---|
| Trade debtors Other debtors |
839,419 15,026 |
1,266,751 655 |
|||||
| Prepayments | 48,786 | 43,140 | |||||
| 903,231 | 1,310,546 | ||||||
| 16. CREDITORS.'AMOUNTS DUE WITHIN ONE YEAR |
FALLING | Group 2021 | Group 2020 | Charity 2021 | Charity 2020 | ||
| f | f | ||||||
| Bank loans and overdrafts Trade creditors Amounts owed to group |
(see note undertakings |
17) | 525p919 | 178,112 639,648 |
525p919 152 |
178,112 639,648 152 |
|
| Social security and other taxes Other creditors Accruals and deferred income |
90,511 159,702 175,292 |
90,162 120,823 8,338 |
90,511 159,702 175,292 |
90,162 120,823 8,338 |
|||
| 951,424 | 1,037,083 | 951,576 | 1,037,235 | ||||
| Deferred income | |||||||
| Charity 2021 f |
Charity 2020 E |
||||||
| Balance as at 1April 2020 | 8,338 | 733 | |||||
| Amount deferred in year |
166,954 | 7,605 | |||||
| Balance as at 31March 2021 | 175,292 | 8,338 | |||||
| 17. LOANS |
|||||||
| 31/03/2021 | 31/03/2020 | ||||||
| f | f | ||||||
| An analysis ofthe maturity | ofloans is | given below: | |||||
| Amounts falling due within |
one year | on demand: | |||||
| Bank overdraft | 178,112 | ||||||
| 178,112 |
| 18. MOVEMENT |
IN FUNDS | IN FUNDS | IN FUNDS | At 01/04/2020 |
Net movement in funds |
Transfers between funds |
At 31/03/2021 |
|
|---|---|---|---|---|---|---|---|---|
| f | f | |||||||
| Unrestricted funds |
||||||||
| General fund Redundancy Reserve ICT Reserve Property Maintenance Subsidiary Company |
Reserve | 283,677 541,825 26,000 41,156 52 |
574,712 | (13,105) 13,105 |
845,284 554,930 26,000 41,156 52 |
|||
| 892,710 | 574,712 | 1,467422 | ||||||
| Restricted funds | f | f | ||||||
| LCC-SLA Learning Disabilities Donations and Fundraising Legacies Training Grants Big Lottery Fund-Ace project LDS Vehicles |
Services | 11,505 21,797 13,651 2,250 15,577 |
(6,724) 4,264 10,006 |
11,505 15,073 13,651 2,250 19,841 10,006 |
||||
| Other Community Grants |
1,000 | 1,000 | ||||||
| 65,780 | 7,546 | 73,326 | ||||||
| TOTAL FUNDS | 958,490 | 582,258 | 1,540,748 | |||||
| 18. MOVEMENT |
IN | FUNDS | Incoming | Resources | Gains and | Movement in |
||
| (continued) | resources f |
expended f | losses f |
funds f |
||||
| Net movement in funds, |
included | in the above are as follows: | ||||||
| Unrestricted funds |
||||||||
| General fund | 6,559,838 | (5,985,126) | 574,712 | |||||
| Restricted funds | ||||||||
| DfE Funding | 423,083 | (423,083) | ||||||
| LCC-SLA Learning Disability |
Services | 66,701 | (66,701) | |||||
| Donations and Fundraising |
25,308 | (32,032) | (6,724) | |||||
| Community Grants Big Lottery Fund —ACE Project LDSVehicles |
22,500 162,508 13,341 |
(22,500) (158,244) (3,335) |
4,264 10,006 |
|||||
| COVID Funding | 52,861 | (52,861) | ||||||
| DfE Expansion Grants |
||||||||
| 766,302 | (758,756) | 7,546 | ||||||
| 7,326,140 | (6,743,882) | 582,258 | ||||||
| TOTAL FUNDS |
| 18. MOVEMENT IN FUNDS (continued) |
At 01/04/2019 |
Net movement in funds |
Transfers between funds |
At 31/03/2020 |
|---|---|---|---|---|
| f | f | |||
| Comparatives for movement in funds |
||||
| Unrestricted funds |
||||
| General fund Redundancy reserve Ambleside reserve Project Development Fund ICT Reserve Property Maintenance Reserve |
281,579 561,220 55,447 75,338 28,000 41,156 |
(150,082) | 152,180 (19,395) (55,447) (75,338) (2,000) |
283,677 541,825 26,000 41,156 |
| Restricted funds |
1,042,740 | (150,082) | 892,658 | |
| LCC-SLA Learning Disability Services Donations and Fundraising Other Community Grants Big Lottery Fund —ACE Project Other Learning Disabilities Service Grants DfE Expansion Grants |
11.505 14,374 1,000 13,637 1,641 3,177 |
7,423 1,940 (1,641) (3,177) |
11,505 21,797 1,000 15,577 |
|
| Legacies Training Grants |
13,651 2,250 |
13,651 2,250 |
||
| 61,235 | 4,545 | 65,780 | ||
| TOTALFUNDS | 1,103,975 | (145,537) | 958,438 |
| 18. MOVEMENT IN FUNDS |
18. MOVEMENT IN FUNDS |
18. MOVEMENT IN FUNDS |
Incoming | Incoming | Resources | Gains and | Movement in |
|---|---|---|---|---|---|---|---|
| (continued) | Resources f |
Expended f |
Losses | Funds f |
|||
| Comparative net movement |
in funds, included | in the above are | as follows: | ||||
| Unrestricted funds |
7,151,586 | (7,295,611) | (6,057) | (150,082) | |||
| Restricted funds | |||||||
| DfE Practice gr Innovation |
Fund | 163,270 | (163,270) | ||||
| LCC-SLA Learning Disability Donations and Fundraising |
Services | 67,252 34,623 |
(67,252) (27,200) |
7,423 | |||
| Community Grants Big Lottery Fund —ACE Project Other Learning Disabilities Service Grants DfE Expansion Grants |
7,500 166,409 439,054 |
(7,500) (164,469) (1,641) (3,177) (434,509) |
1,940 (1,641) (3,177) 4,545 |
||||
| TOTALFUNDS | 7,590,640 | (7,730,120) | (6,057) | (145,537) | |||
| 18. MOVEMENT IN FUNDS (continued) |
|||||||
| A current year 12 months | and prior year 12 months | combined | position is as follows: |
||||
| At 01/04/2019 |
Net movement in funds |
Transfers between funds |
At 31/03/2021 |
||||
| Unrestricted funds |
f | f | f | f | |||
| General fund | 281,579 | 424,630 | 139,075 | 845,284 | |||
| Redundancy reserve |
561,220 | (6,290) | 554,930 | ||||
| Ambleside reserve |
55,447 | (55,447) | |||||
| Project Development Fund ICT Reserve Property Maintenance Reserve Subsidiary Company |
75,338 28,000 41,156 52 |
(75,338) (2,000) |
26,000 41,156 52 |
||||
| 1,042,792 | 424,630 | 1,467,422 | |||||
| Restricted funds | |||||||
| LCC-SLA Learning Disabilities Services Donations and fundraising Legacies Training grants |
11,505 14,374 13,651 2,250 |
699 | 11,505 15,073 13,651 2,250 |
||||
| Other Learning Disabilities Services grants Big Lottery Fund —ACE Project |
1,641 13,637 |
(1,641) 6,204 |
19,841 | ||||
| DfE Expansion Grants LDS Vehicles |
3,177 | (3,177) 10,006 |
10,006 | ||||
| Other Community Grants |
1,000 | 1,000 | |||||
| 61,235 | 12,091 | 73,326 | |||||
| TOTALFUNDS | 1,104,027 | 436,721 | 1,540,748 |
| 31/03/2021 | 31/03/2020 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | f | f | |
| Donations and Legacies |
|||
| Voluntary income Grants and donations Donation |
2,000 7,284,337 |
37,190 7,489,024 |
|
| 7,286,337 | 7,526,214 | ||
| Other trading activities Intangible income |
25,167 | 40,000 | |
| Investment Income |
|||
| Fundra ising income Rental income Other fixed asset invest —Fll |
2,517 12,119 |
1,675 21,183 |
|
| 1,568 | |||
| 14,636 | 24,426 | ||
| Total incoming resources | 7,326,140 | 7,590,640 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Fundra ising costs | 1,033 | 1,808 | |
| Charitable activities |
|||
| Direct charitable activities |
6,742,849 | 7,728,312 | |
| Total resources expended | 6,743,882 | 7,730,120 | |
| Net income/(Expenditure) | 582,258 | (139,480) |