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|Report ofthe Trustees|1|to|5|
|---|---|---|---|
|Report ofthe Independent
Auditors|6|to|7|
|Statement ofFinancial Activities||||
|Balance Sheet|9|to|10|
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||12||
|Notes to the Financial Statements|13|to|27|
|Detailed Statement ofFinancial Activities||28||
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||3,049|9,001|12,050|21,000|
|Charitable
activities||||||||
|Incoming resources from charitable||activities||991,848|30,793|1,022,641|777,225|
|Income from subsidiary||||1,070,901||1,070,901|1,109,408|
|Total||||2,065,798|39,794|2,105,592|1,907,633|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Direct charitable
expenditure||||1,025,419||1,025,419|814,859|
|Governance
costs||||3,456||3,456|9,080|
|Expenditure
from subsidiary||||977,461||977,461|985,323|
|Total||||2,006,336||2,006,336|1,809,262|
|NET INCOME||||59,462|39,794|99,256|98,371|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||722,749|31,419|754,168|655,797|
|TOTAL FUNDS CARRIED FORWARD||||782,211|71,213|853,424|754,168|
##
##
|||2021|2020|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|10|435,322|435,322|
|Investments||||
|Investments|11|3|3|
|Investment
property|12|275,000|275,000|
|||710,325|710,325|
|CURRENT ASSETS||||
|Debtors|13|184,406|148,272|
|Cash at bank and in hand||491,998|458,111|
|||676,404|606,383|
|CREDITORS||||
|Amounts
falling due within one year|14|(275,631)|(225,367)|
|NET CURRENT ASSETS||400,773|381,016|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,111,098|1,091,341|
|CREDITORS||||
|Amounts
falling due after more than one year|15|(257,674)|(337,173)|
|NET ASSETS||853,424|754,168|
|FUNDS|18|||
|Unrestricted
funds||781,427|722,749|
|Restricted
funds||71,997|31,419|
|TOTAL FUNDS||853,424|754,168|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from|operating|activities||||
|Cash generated
from operations||||75,488|133,671|
|Net cash provided|by operating
activities|||75,488|133,671|
|Cash flows from|investing|activities||||
|Purchase oftangible fixed assets|||||(319)|
|Net cash provided|by/(used|in) investing|activities||(319)|
|Cash flows from|financing|activities||||
|Loan repayments|in year|||(41,601)|(6,309)|
|Net cash used in|financing|activities||(41,601)|(6,309)|
|Change in cash|and cash|equivalents|in|||
|the reporting
period||||33,887|127,043|
|Cash and cash equivalents||at the||||
|beginning
ofthe|reporting|period||458,111|331,068|
|Cash and cash equivalents||at the end|of|||
|the reporting
period||||491,998|458,111|
##
##
|RECONCILIATION|RECONCILIATION|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Net income|for the|reporting|||period (as per the Statement ofFinancial|||
|Activities)||||||99,256|98,371|
|Adjustments|for:|||||||
|Depreciation|charges|||||64|81|
|Increase in debtors||||||(36,134)|(38,299)|
|Increase in creditors||||||12,302|73,518|
|Net cash provided||by|operations|||75,488|133,671|
|ANALYSIS|OF CHANGES IN NET FUNDS|||||||
||||||At 1.4.20|Cash flow|At 31.3.21|
|Net cash||||||||
|Cash at bank|and in|hand|||458,111|33,887|491,998|
||||||458,111|33,887|491,998|
|Debt||||||||
|Debts falling|due within|||1 year|(6,308)|(1,093)|(7,401)|
|Debts falling|due after||1|year|(131,906)|42,630|(89,276)|
||||||(138,214)|41,537|(96,677)|
|Total|||||319,897|75,424|395,321|
##
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##
|DONATIONS
AND LE|GAC|IES|||
|---|---|---|---|---|
||||2021|2020|
|Donations|||50||
|Grants|||12,000|21,000|
||||12,050|21,000|
|Grants received, included|in the above, are as follows:||||
||||2021|2020|
|Sir James Reckitt Charity|||12,000|18,000|
|Hull k East Riding Charitable||Trust||3,000|
||||12,000|21,000|
##
##
||INCOME FROM|CHA|RITABLE ACTIVITIES||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Activity||||
||Central government||Incoming resources froin charitable|activities|406,077|212,896|
||Local government||Incoming resources from charitable|activities|142,000|142,000|
||Services Recharged||Incoming resources from charitable|activities|464,564|289,718|
||Other third sector|bodies|Incoming resources from charitable|activities|10,000|132,611|
||Rainbow Nursery|(Hull)|||||
||Limited||Income from subsidiary||413,468|449,347|
||MNH Meeting New Horizons||||||
||CIC||Income from subsidiary||657,433|660,061|
||||||2,093,542|1,886,633|
||Grants received, included||in the above, are as follows:||||
||||||2021|2020|
||SWITCH Grants|||||132,611|
|4.|CHARITABLE|ACTIVITIES COSTS|||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 5)|Totals|
||Direct charitable|expenditure||1,025,419||1,025,419|
||Governance
costs||||3,456|3,456|
||Expenditure
from|subsidiary||977,461||977,461|
|||||2,002,880|3,456|2,006,336|
##
##
##
|SUPPORT COSTS||||
|---|---|---|---|
||||Governance|
||||costs|
|Governance
costs|||3,456|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)|is stated after charging/(crediting):|||
|||2021|2020|
|Auditors'
remuneration||3,456|3,456|
|Depreciation
-owned assets|||81|
##
##
##
|||2021|2020|
|---|---|---|---|
|Wages and|salaries|1,012,927|1,066,989|
|Redundancy|costs|||
|Social security costs||65,958|71,417|
|Pension costs||27,851|28,307|
|Healthcare|costs|4,662|3,711|
|||1,111,398|1,170,424|
|The average|monthly
number ofemployees
during
the year|was as follows:||
|---|---|---|---|
|||2021|2020|
|Management|and administration|12|12|
|Project staff||53|52|
|||65|64|
|9.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||INCOME AND ENDOWMENTS|FROM||||
||Donations
and legacies||12,000|9,000|21,000|
||Charitable
activities|||||
||Incoming resources from charitable|activities|644,614|132,611|777,225|
||Income from subsidiary||1,109,408||1,109,408|
||Total||1,766,022|141,611|1,907,633|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Direct charitable
expenditure||665,805|149,054|814,859|
||Governance
costs||9,080||9,080|
||Expenditure
from subsidiary||985,323||985,323|
||Total||1,660,208|149,054|1,809,262|
||NET INCOME/(EXPENDITURE)||105,814|(7,443)|98,371|
||Transfers
between
funds||850|(850)||
||Net movement
in funds||106,664|(8,293)|98,371|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought forward||616,085|39,712|655,797|
||TOTAL FUNDS CARRIED FORWARD||722,749|31,419|754,168|
##
##
|Group|||||
|---|---|---|---|---|
||Freehold|Plant and|Computer||
||Property|machinery|equipment|Totals|
|COST|||||
|At 1 April 2020|435,000|162,228|399|597,627|
|Additions|||319|319|
|At 31March 2021|435,000|162,228|718|597,946|
|DEPRECIATION|||||
|At
1 April 2020||162,228|315|162,543|
|Charge for the year|||81|81|
|At 31March 2021||162,228|396|162,624|
|NET BOOK VALUE|||||
|At 31March 2021|435,000||322|435,322|
|At 31March 2020|435,000||84|435,084|
|Charity|||||
||Freehold|Plant and|Computer||
||Property|machinery|equipment|Totals|
|COST|||||
|At
1 April 2020|435,000|162,228||597,228|
|Additions|||||
|At 31March 2021|435,000|162,228||597,228|
|DEPRECIATION|||||
|At
1 April 2020||162,228||162,228|
|Charge for the year|||||
|At 31March 2021||162,228||162,228|
|NET BOOKVALUE|||||
|At 31March 2021|435,000|||435,000|
|At 31 March 2020|435,000|||435,000|
##
##
##
|Group||
|---|---|
|FAIR VALUE||
|At 1 April 2020||
|and 31March 2021|275,000|
|NET BOOK VALUE||
|At 31 March 2021|275,000|
|At 31 March 2020|275,000|
|Charity||
|FAIR VALUE||
|At 1 April 2020||
|and 31March 2021|275,000|
|NET BOOK VALUE||
|At 31March 2021|275,000|
|At 31March 2020|275,000|
##
|DEBTORS:AMOUNTS FALLING DUE|WITHIN ONE YEAR||||
|---|---|---|---|---|
||Group||Charity||
||2021|2020|2021|2020|
|Trade debtors|153,254|122,174|107,905|19,790|
|Amounts
owed by group undertakings|||15,737|91,544|
|Other debtors||364||364|
|P repayments|31,152|25,734|13,939|4,858|
||184,406|148,272|137,581|116,556|
##
##
|||Group||Charity||
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|Bank loans and overdraAs|(see note 16)|8,776|8,167|7,401|6,308|
|Trade creditors||147,582|112,696|52,666|99,627|
|Social security and other|taxes|15,570|14,613|6,046|6,515|
|Other creditors||37,859|107,011|18,592|18,142|
|Accruals
and deferred income||63,652|43,295|4,611|39,795|
|Accrued expenses||6,272|8,772|2,925|5,097|
|||279,711|294,554|92,241|175,484|
##
##
|CREDITORS: AMOUNTS FALLING DUE AFTER|MORE THAN ONE YEAR||
|---|---|---|
||2021|2020|
|Bank loans (see note 16)|89,276|131,906|
|Pension|168,398|205,267|
||257,674|337,173|
##
##
|An analys|is ofth|e maturity ofloans is given below:|||
|---|---|---|---|---|
||||2021|2020|
|Amounts|falling|due within one year on demand:|||
|Mortgage|||7,401|6,308|
|Amounts|falling|between one and two years:|||
|Mortgage|||89,276|131,906|
##
##
|17.|ANALYSIS|OF NET A|SSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||Fixed assets|||435,322||435,322|435,322|
||Investments|||275,003||275,003|275,003|
||Current assets|||604,407|71,997|676,404|606,383|
||Current liabilities|||(275,631)||(275,631)|(225,367)|
||Long term liabilities|||(257,674)||(257,674)|(337,173)|
|||||781,427|71,997|853,424|754,168|
|18.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.20|in funds|31.3.21|
||Unrestricted|funds||||||
||General fund||||708,888|58,678|767,566|
||Designated
Redundancy||Fund||13,861||13,861|
||||||722,749|58,678|781,427|
||Restricted funds|||||||
||Start Grants/|Bransholme|Trust||6,411|20,578|26,989|
||Switch (BIG|Lottery)|||25,008||25,008|
||BigLottery|||||20,000|20,000|
||||||31,419|40,578|71,997|
||TOTAL FUNDS||||754,168|99,256|853,424|
||Net movement|in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||Unrestricted|funds||||||
||General fund||||2,065,798|(2,007,120)|58,678|
||Restricted funds|||||||
||Start Grants/|Bransholme|Trust||19,794|784|20,578|
||Big Lottery||||20,000||20,000|
||||||39,794|784|40,578|
||TOTAL FUNDS||||2,105,592|(2,006,336)|99,256|
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.20|
|Unrestricted||funds||||||
|General fund||||604,047|105,814|(973)|708,888|
|Designated||Redundancy|Fund|12,038||1,823|13,861|
|||||616,085|105,814|850|722,749|
|Restricted|funds|||||||
|Start Grants/||Bransholme|Trust|5,746|1,515|(850)|6,411|
|Switch (BIGLottery)||||33,966|(8,958)||25,008|
|||||39,712|(7,443)|(850)|31,419|
|TOTAL FUNDS||||655,797|98,371||754,168|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General
fund|||1,766,022|(1,660,208)|105,814|
|Restricted funds||||||
|Start Grants/|Bransholme|Trust|9,000|(7,485)|1,515|
|Switch (BIG|Lottery)||132,611|(141,569)|(8,958)|
||||141,611|(149,054)|(7,443)|
|TOTAL FUNDS|||1,907,633|(1,809,262)|98,371|
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.19|in funds|funds|31.3.21|
|Unrestricted|funds||||||
|General fund|||604,047|164,492|(973)|767,566|
|Designated|Redundancy|Fund|12,038||1,823|13,861|
||||616,085|164,492|850|781,427|
|Restricted funds|||||||
|Start Grants/|Bransholme|Trust|5,746|22,093|(850)|26,989|
|Switch (BIGLottery)|||33,966|(8,958)||25,008|
|Big Lottery||||20,000||20,000|
||||39,712|33,135|(850)|71,997|
|TOTAL FUNDS|||655,797|197,627||853,424|
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||3,831,820|(3,667,328)|164,492|
|Restricted funds||||||
|Start Grants/|Bransholme|Trust|28,794|(6,701)|22,093|
|Switch (BIG|Lottery)||132,611|(141,569)|(8,958)|
|BigLottery|||20,000||20,000|
||||181,405|(148,270)|33,135|
|TOTAL FUNDS|||4,013,225|(3,815,598)|197,627|
##
##
##
##
##
##
|||2021|2020|
|---|---|---|---|
|Debtors|- Amounts
owed to Hull CVS from group undertakings|||
|Amounts|owed to Hull CVS by Rainbow Nursery
(Hull) Ltd|14,570|24,627|
|Amounts|owed to Hull CVSby MNH Meeting New Horizons CIC|2,050|67,517|
|||16,620|92,144|
##
##
##
##
||2021|2020|
|---|---|---|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|50||
|Grants|12,000|21,000|
||12,050|21,000|
|Charitable
activities|||
|Central government|406,077|212,896|
|Local government|142,000|142,000|
|Services Recharged|464,564|289,718|
|Other third sector bodies|10,000|132,611|
|Rainbow Nursery
(Hull) Limited|413,468|449,347|
|MNH Meeting New Horizons CIC|657,433|660,061|
||2,093,542|1,886,633|
|Total incoming resources|2,105,592|1,907,633|
|EXPENDITURE|||
|Charitable
activities|||
|Premises &operating costs|616,871|368,887|
|Staff costs|408,548|445,972|
|Rainbow Nursery
(Hull) Limited|369,266|412,498|
|MNH Meeting New Horizons CIC|608,131|572,744|
|Depreciation oftangible fixed assets|64|81|
||2,002,880|1,800,182|
|Support costs|||
|Governance
costs|||
|Staffcosts||5,624|
|Auditors'
remuneration|3,456|3,456|
||3,456|9,080|
|Total resources expended|2,006,336|1,809,262|
|Net income|99,256|98,371|