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2022-03-31-accounts

Page
Trustees'report 1-16
Independent auditor's report 17-19
Statement of financial activities 20-21
Balance sheet 22-23
Statement of cash flows 24
Notes to the hnanoal statements 26-42

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2022 2021
Notes 6 6
Fixed assets
Tangible assets 13 1,073,990 1,079,795
Investments 14 3,235,536 2,938,259
4,309,526 4,018,054
Current assets
Debtors 15 381,584 245,253
Cash at bank and in hand 91,232 144,055
472,816 389,308
Creditors: amounts falling due within one
year 16 (271,176) (199,025)
Net current assets 201,640 190,283
Total assets less current liabilities 4,511,166 4,208,337
Provisions for liabilities (183,000) (558,000)
Net assets 4,328,166 3,650,337
Income funds
Restncted
funds		 29,061 27,891
Unrestricted funds - designated 500,000 500,000
Unrestricted funds - general 3,799,105 3,122,446
4,328,166 3,650,337

2022 2021
Notes 6 8
Cash flows from operating activities
Cash absorbed
by operations		 (127,383) (81,239)
Investing activities
Purchase oftangible
fixed		 assets (13,699) (19,000)
Proceeds from disposal of tangible fixed assets 9,670
Purchase of investments (40,000)
Investment
income received		 88,259 88,009
Net cash generated
from		 investing activities 74,560 38,679
Financing activities
Payment ofobligations
under hnance		 leases (10,800)
Net cash used ln financing activities (10,800)
Net decrease
in cash and		 cash equivalents (52,823) (53,360)
Cash and cash equivalents at beginning ofyear 144,055 197,415
Cash and cash equivalents at end ofyear 91,232 144,055

Unrestricted Unrestncted Restricted Tota
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funds funds funds
general general
2022 2021 2021 2021
E 6 6
Donahons and gifts 5,397 5,554 7,132 12,686
Legacies receivable 74,245
Coronavirus lob Retenhon Scheme 11,409 11,409
79,642 16,963 7,132 24,095
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funds funds
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2022 2021
6 6
Fundra ising events 3,068 9,824
6 investments
Unrestricted Unrestricted
funds funds
general general
2022 2021
Income from gsted investments 88,259 88,009
7 Events and Fundraising
Unrestricted Unrestncted
funds funds
general general
2022 2021
Fun r isin nd ubhot
sandra ising costs 37,063 23,417
37,063 23,417
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Support c osts
Support costs Governance 2022 Support costs Governance 2021
costs costs
Staff costs 357,783 357,783 331,195 331,195
Travel 6,975 6,975 3,195 3,195
Administration and
premises 238,161 238,161 182,153 182,153
Postage and printing 6,479 6,479 10,352 10,352
Financial costs 738 738 304 304
Depreciation 13,197 13,197 27,274 27,274
General expenses 5,793 5,793 7,042 7,042
Legal and professional 80,075 4,900 84,975 7,750 4,900 12,650
709,201 4,900 714,101 569,265 4,900 574,165
Analysed between
Charitable activities 709,201 4,900 714,101 569,265 4,900 574,165
2022 2021
Number Number
Executive 3 3
Operahons 18 16
Supported Liwng 34 31
Finance & Personnel 8 8
Total 63 58

11 Employees (Continued
I
Employment costs 2022 2021
E E
Wages and salaries 1,251,391 1,230,732
Social security costs 99,214 91,458
Pension costs 178,866 206,238
1,529,471 1,528,428
Total number of employees whose remuneranon was above E60,000
2022 2021
Number Number
E80,000 - E90,000
12 Net gains/(losses) on investments
Unrestricted Unrestncted
funds funds
general general
2022 2021
Revaluation
of investments		 297,277 501,629

13 Tangible fixed assets
Freehold
land		 Fixtures and Motor vehicles Total
and buildings fittings
6
Cost
At 31March 2021 1,285,006 65,201 133,913 1,484,120
Additions 5,880 7,819 13,699
At 30March 2022 1,290,886 73,020 133,913 1,497,819
Depreciation
and impairment
At 31March 2021 260,946 38,318 105,061 404,325
Depreciation
charged		 in the year 2,249 11,446 5,809 19,504
At 30 March 2022 263,195 49,764 110,870 423,829
Carrying
amount
At 30March 2022 1,027,691 23,256 23,043 1,073,990
At 30March 2021 1,024,060 26,883 28,852 1,079,795
Listed investments
Cost or valuation
At 31March 2021 2,938,259
Valuation
changes		 297,277
At 30 March 2022 3,235,536
Carrying amount
At 30March 2022 3,235,536
At 30 March 2021 2,938,259

15 Debtors
2022 2021
Amounts falling due within one year: E E
Trade debtors 239,626 139,890
Other debtors 68,936
Prepayments and accrued income 73,022 105,363
381,584 245,253
16 Creditors: amounts
falling due within one year
2022 2021
E E
Other taxation and social secunty 28,319 26,689
Trade creditors 118,093 21,841
Accruals and deferred income 124,764 150,495
271,176 199,025
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19 Movement
in funds
At 1.4.21 Income Expenditure Transfers At 31.3.22
E E E
Unrestricted
income fund
General
funds		 2,782,186 2,180,431 (2,176,049) 2,786,568
Pension reserve (558,000) 375,000 (183,000)
Revaluation
reserve		 898,260 297,277 1,195,537
3,122,446 2,852,708 (2,176,049) 3,799,105
Designated
funds		 500,000 500,000
Restricted funds
National
Lottery Grant		 5,115 5,115
Cheshire
East New Home Bonus Grant		 1,075 1,075
Fundraising
Balances		 4,201 4,201
Armed forces 17,500 17,500 (25,807) 9,193
BBCChildren
in Need		 9,477 9,477
27,891 26,977 (25,807) 29,061
TOTAL FUNDS 3,650,337 2,879,685 (2,201,856) 4,328,166

2022 2021
E E
Within one year 30,052 24,728
Between two and five years 24,728
30,052 49,456

Valuation
date		 31March 2022 31March 2021
Valuation
method		 Projected unit credit Projected unit credit
Value of assets E2,849,000 E2,630,000
Value of kabilities E3,032,000 E3,188,000
Funding
level for accrued benefits		 93.9% 82.59'
Investment
returns		 on accumulated assets 7.00% 13.90%
Salary scale increase per annum 4.00% 3.559'
Pension increases
per annum		 3.30% 2.85%
Discount
rate		 2.70% 195%
Rate of Consumer
Price Index		 3.309' 0.709'
Rate of price inflation 3 85% 1.50%
23 Cash generated
from operations		 2022 2021
Surplus for the year 302,829 440,964
Adiustments
for:
Investment
income		 recognised in statement offinancial activines (88,259) (88,009)
Gain on disposal of tangible
fixed assets		 (8,538)
Fair value gains and losses on investments (297,277) (501,629)
Depreciation
and impairment
oftangible		 fixed assets 19,504 44,449
Actuarial
revaluation		 of pension fund 375,000 (108,000)
Movements
in working capital:
(Increase)/decrease in debtors (136,331) 54,446
(Decrease)/increase in creditors (302,849) 85,078
Cash absorbed
by operations		 (127,383) (81,239)
24 Analysis ofchanges in net funds
The charity had no debt during the year.