| Page | |||||
|---|---|---|---|---|---|
| Members ofthe Board and management | and | professional | advisers | ||
| Trustees' report (incorporating |
the directors' | report) | |||
| Auditors' report |
|||||
| Statement offinancial activities |
16 | ||||
| Balance sheet | 17 | ||||
| Cash flow statement | 18 | ||||
| Notes to the financial statements | 19-32 |
| Unrestricted | Restricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | Total | ||||
| Notes | f | f | f | f | |||
| Income | |||||||
| Donations and legacies |
8,436 | 8,202 | 16,638 | 51,608 | |||
| Income from charitable | activities | 24,555 | 539,801 | 564,356 | 577,444 | ||
| Income from other trading | activities: | ||||||
| Activities for generating | funds | 110,228 | 611 | 110,839 | 62,168 | ||
| Investment income |
49 | 49 | 192 | ||||
| Total income | 143,268 | 548,614 | 691,882 | 691,412 | |||
| Expenditure | |||||||
| Charitable activities |
9,10 | 180,340 | 591,102 | 771,442 | 579,680 | ||
| Tota Iexpenditure | 180,340 | 591,102 | 771,442 | 579,680 | |||
| Net income/(expenditure) | for the year | (37,072) | (42,488) | (79,560) | 111,732 | ||
| Total funds brought forward |
320,482 | 277,051 | 597,533 | 485,801 | |||
| Total funds carried forward | 283,410 | 234,563 | 517,973 | 597,533 |
| as at 31 | st March 20 | 22 | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 16 | 140,747 | 151,551 | ||||
| Current assets | |||||||
| Debtors | 17 | 94,366 | 88,081 | ||||
| Cash at bank | and in hand | 498,259 | 609,985 | ||||
| 592,625 | 698,066 | ||||||
| Creditors: amounts | falling | ||||||
| due within one year | 18 | (215,399) | (252,084) | ||||
| Net current | assets | 377,226 | 445,982 | ||||
| Net assets | 517,973 | 597,533 | |||||
| Funds | 20 | ||||||
| Restricted income funds | 234,563 | 277,051 | |||||
| Unrestricted | income funds | 283,410 | 320,482 | ||||
| Total funds | 517,973 | 597,533 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Cash flows from operating | activities | ||||
| Net income/(expenditure) | (79,560) | 111,732 | |||
| Adjustments for: |
|||||
| Depreciation oftangible fixed assets |
14,645 | 15,129 | |||
| Government grant income |
(6,929) | (49,596) | |||
| Other interest received and similar income | (49) | (192) | |||
| Changesin: | |||||
| Trade and other debtors | (6,285) | (57,841) | |||
| Trade and other creditors | (36,686) | 444 | |||
| Cash generated from operations |
(114,864) | 19,676 | |||
| Interest received | 49 | 192 | |||
| Net cash (used)/provided | by operating | activities | (114,815) | 19,868 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets |
(3,840) | (836) | |||
| Net cash used in investing | activities | (3,840) | (836) | ||
| Cash flows from financing | activities | ||||
| Government grant income |
6,929 | 49,596 | |||
| Net cash provided by financing activities |
6,929 | 49,596 | |||
| Change in cash and cash equivalents |
in the year | (111,726) | 68,628 | ||
| Cash and cash equivalents | brought forward | 609,985 | 541,357 | ||
| Cash and cash equivalents | carried forward | 498,259 | 609,985 |
| Donations | and legacies | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||||
| funds | funds | Total | Total | ||||
| f | f | f | f | ||||
| Donations | 4,436 | 1,273 | 5,709 | 2,012 | |||
| Employment | Allowance | 4,000 | 4,000 | ||||
| Government | grants recognised | directly | in income | 6,929 | 6,929 | 49,596 | |
| 8,436 | 8,202 | 16,638 | 51,608 |
| Unrestricted | Restricted | 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | Total | Total | ||||||||
| f | f | f | |||||||||
| Cumbria CC —Baby |
Basics | 5,000 | |||||||||
| Curnbria CC —Two Year Old Funding |
Entitlement | 100,089 | 100,089 | 95,385 | |||||||
| Cumbria CC- Education Health |
& | Care | Plan | grant | 9,385 | 9,385 | 6,060 | ||||
| Allerdale BC —Baby |
Basics | 2,325 | |||||||||
| BBCChildren in Need |
30,000 | ||||||||||
| Cumbria CC —Nursery Grant |
59,556 | 59,556 | 76,355 | ||||||||
| FScott Trust —Time |
to be me | 10,800 | 10,800 | ||||||||
| FScott Trust - EYSSpeech & | Language | 1,250 | 1,250 | ||||||||
| National Lottery Comm. Fund |
24,140 | ||||||||||
| Cumbria Community |
Found. | —EYSSpeech | &.Language | 19,248 | 19,248 | 19,248 | |||||
| Cumbria Community |
Found. | —EYS Parental | Engagement | 41,375 | 41,375 | 20,700 | |||||
| Cumbria Community |
Foundation | —Bedrock | 24,525 | 24,525 | |||||||
| The Phyliss Harney | Trust | 22,000 | 22,000 | 22,000 | |||||||
| Sellafield Limited |
136,000 | 136,000 | 136,000 | ||||||||
| Well Whitehaven —Time to be |
me | 5,410 | 5,410 | 3,617 | |||||||
| Good Enough Start | —Cumbria | Community | Foundation | 37,700 | 37,700 | 47,518 | |||||
| Good Enough Start | —Francis Scott | Trust | 1,250 | 1,250 | 28,000 | ||||||
| Good Enough Start | - Copeland | Community | Fund | 40,150 | |||||||
| Phunky Foods |
91,267 | 91,267 | 13,296 | ||||||||
| Project cost recovery | 2,016 | ||||||||||
| Other income from | charitable | activities | 30 | 4,471 | 4,501 | 5,634 | |||||
| 24,555 | 539,801 | 564,356 | 577,444 | ||||||||
| In 2021ofthe income from charitable | activities f542,398was attributable | to restricted | income funds, | with the | |||||||
| balance off35,046 | being unrestricted | income. | |||||||||
| Income from other trading | activities | ||||||||||
| Unrestricted | Restricted | 2022 | 2021 | ||||||||
| funds | funds | Total | Total | ||||||||
| f | f | f | f | ||||||||
| Fundraising events |
611 | 611 | |||||||||
| Use offacilities | 6,577 | 6,577 | 4,905 | ||||||||
| Fee income | 102,091 | 102,091 | 57,263 | ||||||||
| Training income | 1,560 | 1,560 | |||||||||
| 110,228 | 611 | 110,839 | 62,168 |
| Unrestricted | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| funds | Total | Total | |||||
| f | f | f | |||||
| Bank interest receivable | 49 | 49 | 192 | ||||
| 49 | 49 | 192 | |||||
| In 2021 all ofthe investment | income was attributable | to unrestricted | income funds. | ||||
| Costs ofcharitable | activities - by fund type | ||||||
| Unrestricted | Restricted | 2022 | 2021 | ||||
| funds | funds | Total | Total | ||||
| f | f | f | f | ||||
| Early Years | 179,740 | 207,793 | 387,533 | 393,114 | |||
| Other Activities | 600 | 380,244 | 380,844 | 183,501 | |||
| Sure Start | 3,065 | 3,065 | 3,065 | ||||
| 180,340 | 591,102 | 771,442 | 579,680 |
| Costs ofcharitable activities - by |
activity | |||
|---|---|---|---|---|
| Activities | ||||
| undertaken | Support | 2022 | 2021 | |
| directly | costs | Total | Total | |
| f | f | f | f | |
| Early Years | 309,260 | 78,273 | 387,533 | 393,114 |
| Other Activities | 320,171 | 60,673 | 380,844 | 183,501 |
| Sure Start | 3,065 | 3,065 | 3,065 | |
| 632,496 | 138,946 | 771,442 | 579,680 |
| Analysis ofsup | port costs | |||||
|---|---|---|---|---|---|---|
| Early | Other | 2022 | 2021 | |||
| Years | Activities | Total | Total | |||
| f | f | f | f | |||
| Staff costs | 7,171 | 5,634 | 12,805 | 85,854 | ||
| Operating lease |
payments | 8,766 | 6,888 | 15,654 | 7,515 | |
| Repairs and maintenance | 2,634 | 2,069 | 4,703 | 4,402 | ||
| Premises costs | 27,349 | 21,489 | 48,838 | 29,380 | ||
| Transport costs |
1,800 | 1,414 | 3,214 | 3,037 | ||
| Auditor's remuneration |
4,051 | 3,183 | 7,234 | 8,294 | ||
| Other professional fees |
4,157 | 3,267 | 7,424 | 3,752 | ||
| Communication | and information | technology | 7,112 | 5,588 | 12,700 | 11,824 |
| Other office expenses | 6,629 | 5,208 | 11,837 | 8,834 | ||
| Depreciation and |
impairment | 6,948 | 4,632 | 11,580 | 12,064 | |
| Other admin costs | 1,656 | 1,301 | 2,957 | 1,668 | ||
| 78,273 | 60,673 | 138,946 | 176,624 |
| Net income/(expenditure) | for | the year | the year | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | f | |||||
| Net (expenditure)/income | is stated after | charging: | ||||
| Depreciation and other amounts |
written | offtangible | fixed assets | 14,645 | 15,129 | |
| Operating lease rentals |
15,653 | 7,515 | ||||
| Auditor's remuneration |
7,234 | 8,294 |
| Employment | costs | 2022 | 2021 |
|---|---|---|---|
| Wages and salaries | 434,319 | 374,462 | |
| Social security | costs | 22,311 | 15,337 |
| Pension costs | 16,088 | 12,470 | |
| 472,718 | 402,269 |
| The average | monthly numbers ofemployees (including the |
trustees) during the year, was as follows: |
|
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Provision of | services | 35 | 26 |
| Management | and administration | 4 | 4 |
| 39 | 30 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | f | ||
| Pension | charge | 16,088 | 12,470 |
| Land and | Short | Fixtures, | |||||
|---|---|---|---|---|---|---|---|
| 16. | Tangible fixed assets | buildings | leasehold | fittings and | Motor | ||
| freehold | property | equipment | vehicles | Total | |||
| f | f | f | f | f | |||
| Cost | |||||||
| At 1stApril 2021 | 188,353 | 139,028 | 111,887 | 3,175 | 442,443 | ||
| Additions | 3,840 | 3,840 | |||||
| At 31st March 2022 | 188,353 | 139,028 | 115,727 | 3,175 | 446,283 | ||
| Depreciation | |||||||
| At 1st April 2021 | 68,411 | 131,026 | 90,185 | 1,269 | 290,891 | ||
| Charge for the year | 4,351 | 3,088 | 6,571 | 635 | 14,645 | ||
| At 31st March 2022 | 72,762 | 134,114 | 96,756 | 1,904 | 305,536 | ||
| Net book values | |||||||
| At 31st March 2022 | 115,591 | 4,914 | 18,971 | 1,271 | 140,747 | ||
| At 31st March 2021 | 119,942 | 8,002 | 21,702 | 1,906 | 151,552 | ||
| 17. | Debtors | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Other debtors | 73,773 | 75,117 | |||||
| Prepayments and accrued income |
20,593 | 12,964 | |||||
| 94,366 | 88,081 | ||||||
| 18. | Creditors: amounts | falling due | |||||
| within one year | 2022 | 2021 | |||||
| Trade creditors | 51,697 | 54,915 | |||||
| Other taxes and social | security | 3,351 | 3,092 | ||||
| Accruals and deferred | income | 160,351 | 194,077 | ||||
| 215,399 | 252,084 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||||
| At 1April 2021 | 159,540 | 147,000 | |||||||||
| Amount | released | to income | (159,540) | (147,000) | |||||||
| Amount | deferred | in year | 136,000 | 159,540 | |||||||
| At 31March 2022 | 136,000 | 159,540 | |||||||||
| Deferred income |
relates to | income received |
in | advance | for the | following projects: Sellafield |
Project Support | ||||
| f136,000 (2021: f20,700). |
Sellafield | Project Support | f136,000; | Phunky | Foods f2,840; and | EYS Parental | Engagement | ||||
| Analysis of net assets between | funds | ||||||||||
| Unrestricted | Restricted | Total | |||||||||
| funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | |||||||||
| f | f | f | |||||||||
| Fund balances at 31st March | 2022 | as represented | by: | ||||||||
| Tangible | fixed assets | 25,970 | 114,777 | 140,747 | |||||||
| Current | assets | 336,839 | 255,786 | 592,625 | |||||||
| Current | liabilities | (79,399) | (136,000) | (215,399) | |||||||
| 283,410 | 234,563 | 517,973 | |||||||||
| Unrestricted | Restricted | Total | |||||||||
| 2021 | 2021 | 2021 | |||||||||
| f | f | f | |||||||||
| Fund balances at 31st March | 2021 | as represented | by: | ||||||||
| Tangible | fixed assets | 26,189 | 125,362 | 151,551 | |||||||
| Current | assets | 386,837 | 311,229 | 698,066 | |||||||
| Current | liabilities | (92,544) | (159,540) | (252,084) | |||||||
| 320,482 | 277,051 | 597,533 |
| Analysis | ofmovements | in unrestricted | funds | |||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1April | Incoming | Outgoing | 31March | |||
| 2021 | resources | resources | 2022 | |||
| f | f | f | f | |||
| General | funds | 320,482 | 143,268 | (180,340) | 283,410 | |
| Analysis | of movements | in unrestricted | funds - previous year | |||
| At | At | |||||
| 1April | Incoming | Outgoing | 31March | |||
| 2020 | resources | resources | 2021 | |||
| f | f | f | f | |||
| General | funds | 296,687 | 98,726 | (74,931) | 320,482 |
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1April | Incoming | Outgoing | 31March | ||||
| 2021 | resources | resources | 2022 | ||||
| f | f | f | f | ||||
| Sure Start funds | 88,982 | (3,065) | 85,917 | ||||
| Early Years settings | 180,321 | (180,321) | |||||
| Management | and admin | staff | 85,000 | (85,000) | |||
| Phunky Foods |
91,267 | (91,267) | |||||
| Good Enough | Start | 110,156 | 39,159 | (78,928) | 70,387 | ||
| Time to be me | 67,931 | (67,931) | |||||
| Family Finance | 23,000 | (23,000) | |||||
| Baby Basics | 3,888 | 63 | (3,951) | ||||
| EYSSpeech and | Language | 19,248 | 20,498 | (3,694) | 36,052 | ||
| EYS Parental Engagement |
18,396 | 41,375 | (43,865) | 15,906 | |||
| Tangible fixed | assets | 36,381 | (10,080) | 26,301 | |||
| 277,051 | 548,614 | (591,102) | 234,563 | ||||
| Analysis of movements | in restricted funds - | previous year | |||||
| At | At | ||||||
| 1April | Incoming | Outgoing | 31March | ||||
| 2020 | resources | resources | 2021 | ||||
| f | f | f | f | ||||
| Sure Start funds | 92,047 | (3,065) | 88,982 | ||||
| Early Years settings | 238,755 | (238,755) | |||||
| Management | and admin | staff | 85,000 | (85,000) | |||
| Phunky Foods |
3,000 | 13,296 | (16,296) | ||||
| Good Enough | Start | 44,795 | 118,923 | (53,562) | 110,156 | ||
| Time to be me | 44,515 | (44,515) | |||||
| Play Therapy | 21,000 | (21,000) | |||||
| Family Finance | 23,842 | (23,842) | |||||
| Baby Basics | 7,407 | (3,519) | 3,888 | ||||
| EYSpeech and | Language | 19,248 | 19,248 | ||||
| EY Parental Engagement |
20,700 | (2,304) | 18,396 | ||||
| Tangible fixed | assets | 47,259 | (10,878) | 36,381 | |||
| Other restricted | funds | 2,013 | (2,013) | ||||
| 189,114 | 592,686 | (504,749) | 277,051 |
| Anal | ysis ofchanges in net debt |
|||
|---|---|---|---|---|
| Opening | Cash | Closing | ||
| balance | flows | balance | ||
| Cash | at bank and in hand | 609,985 | (111,726) | 498,259 |
| Net | debt | 609,985 | (111,726) | 498,259 |