| t the year e | nd the Charitable Company held |
the following reserves:— | |
|---|---|---|---|
| 2021 | 2020 | ||
| Restricted Funds | 142,246 | 153,020 | |
| Unrestricted | Funds | 249,898 | 194,598 |
| 392,144 | 347,618 |
| Un- | Total | Total | ||||
|---|---|---|---|---|---|---|
| restricted | Restricted | Funds | Funds | |||
| Note | Funds | Funds | 2021 | 2020 | ||
| INCOME: | ||||||
| Donations and Legacies |
7,529 | 7,529 | 11,051 | |||
| Income from Other Trading Activities: | ||||||
| Other | 9,626 | 9,626 | 6,688 | |||
| Investment Income: |
||||||
| Interest Receivable | 84 | 84 | 75 | |||
| Income from Charitable | Activities: | |||||
| Vocational Training | 85,482 | 85,482 | 172,548 | |||
| Grants | 58,353 | 162,458 | 220,811 | 188,595 | ||
| TOTAL INCOME | 161,074 | 162,458 | 323,532 | 378,957 | ||
| EXPENDITURE: | ||||||
| Cost ofRaising Funds | 9,626 | 9,626 | 6,688 | |||
| Expenditure on |
||||||
| Charitable Activities |
96,148 | 173,232 | 269,380 | 360,255 | ||
| TOTAL EXPENDITURE | 105,774 | 173,232 | 279,006 | 366,943 | ||
| NET INCOME/(EXPENDITURE) | ||||||
| FOR THK YEAR | 55,300 | (10,774) | 44,526 | 12,014 | ||
| TRANSFERS BETWEEN FUNDS | 15 | |||||
| NET MOVEMENT IN | FUNDS | 55,300 | (10,774) | 44,526 | 12,014 | |
| RECONCILIATION OF FUNDS |
||||||
| Total Funds Brought Forward | 194,598 | 153,020 | 347,618 | 335,604 | ||
| Total Funds Carry Forward | 249,898 | 142,246 | 392,144 | 347,618 |
| Note | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||
| Tangible Assets | 10 | 167,042 | 168,608 | ||||
| CURRENT ASSETS | |||||||
| Stock | 12 | 7,734 | 10,787 | ||||
| Debtors | 13 | 33,643 | 29,759 | ||||
| Investments | 11 | ||||||
| Cash at Bank and in Hand | 195,697 | 149,534 | |||||
| 237,074 | 190,080 | ||||||
| CREDITORS: Amounts | falling | ||||||
| due within one year | 14 | (11,972) | (11,070) | ||||
| NET CURRENT ASSETS | 225, 102 | 179,010 | |||||
| TOTAL NKT ASSETS | 392,144 | 347,618 | |||||
| THE FUNDS OF THE CHARITY | |||||||
| Restricted Funds | 15 | 142,246 | 153,020 | ||||
| Unrestricted Funds: |
|||||||
| Other Charitable Funds |
15 | 249,898 | 194,598 | ||||
| TOTAL CHARITY FUNDS | 392,144 | 347,618 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Donations:- | ||||
| John Dauber | Trust | Foundation | 7,000 | |
| Community | Champions | 773 | ||
| Sundry Donations | 2,581 | 3,278 | ||
| Peter Hodgkinson | Trust | 4,948 | ||
| 7,529 | 11,051 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Incoming Resources from | Social Enterprises:— | |||||
| Personal Budget Income | 41,878 | 54,737 | ||||
| Childrens Links |
2,517 | |||||
| PCDL Project (Restricted) | 73,858 | 117,591 | ||||
| Lower Green Foundation | (Restricted) | 10,000 | 10,000 | |||
| MCN (Restricted) Bishop Grosseteste |
University | -Education | k Skills Funding | 8,000 | 3,750 | |
| Bromhead Medical | 7,708 | |||||
| Furlough Income |
52,892 | |||||
| LCC —Covid Grants | 16,475 | |||||
| LCC —Introducing | Distance Learning | 10,000 | ||||
| 220,811 | 188,595 | |||||
| Vocational Training | Beneficiary Generated | Sales | 85,482 | 172,548 | ||
| 306,293 | 361„143 |
| NCOME EA | RNED FROM OTHER TRADING | ACTIVITIES | |
|---|---|---|---|
| 2021 | 2020 | ||
| Pelican Place | 364 | ||
| Other Income | 665 | ||
| Room Hire and Catering | 2,626 | 2,509 | |
| Open Day Proceeds | 650 | ||
| Management | fee | 7,000 | 2,500 |
| 9,626 | 6,688 |
| ANALYSIS | OF E | XPENDITUR | E ON CHARIT | ABLE AC | TIVI | TIES | ||
|---|---|---|---|---|---|---|---|---|
| Govern- | ||||||||
| Training | Social | ance | 2021 | 2020 | ||||
| Services | E~ater rises |
Costs | ~Sa | ort | Total | Total | ||
| Staff Costs | 139,051 | 41,552 | 180,603 | 205,591 | ||||
| Depreciation | Sc | |||||||
| Asset Disposal | 21,128 | 21,128 | 26,450 | |||||
| Premises | 10,154 | 10,154 | 9,742 | |||||
| Repairs and | ||||||||
| Maintenance | 6,202 | 6,067 | 12,269 | 12,853 | ||||
| Direct Purchases | 35,324 | 35,324 | 76,865 | |||||
| Pelican Place | 64 | |||||||
| Travel | 103 | 103 | 4,257 | |||||
| Advertising | and | |||||||
| Exhibitions | 168 | |||||||
| Insurance | 3,336 | 858 | 4,194 | 4,399 | ||||
| Other | 5,697 | 2,550 | 6,984 | 15,231 | 26,554 | |||
| 210,841 | 2,550 | 65,615 | 279,006 | 366,943 | ||||
| Allocation of | ||||||||
| Support Costs | 9,626 | 55,989 | (65,615) | |||||
| 9,626 | 266,830 | 2,550 | 279,006 | 366,953 |
| NET INCOME/ EXPENDITURE FOR |
THE YEAR | |
|---|---|---|
| 2021 | 2020 | |
| This is stated after charging: | ||
| Depreciation | 17,997 | 26,450 |
| Staff Costs (Note 9) | 180,603 | 205,591 |
| ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION | ||
| AND EXPENSES |
| NALYSIS OF STAFF COSTS AND TRU ND EXPENSES |
STEE REMUNERATION | |
|---|---|---|
| 2021 | 2020 | |
| Wages and Salaries | 172,994 | 195,532 |
| Social Security Costs | 6,944 | 9,775 |
| Pension Costs | 665 | 284 |
| 180,603 | 205,591 |
| Number | Number | ||
|---|---|---|---|
| The average weekly number ofemployees | during the | ||
| year was as follows: | |||
| Support | 3 | ||
| Social Enterprises | 10 | ||
| 13 |
| Un- | |||||
|---|---|---|---|---|---|
| Restricted | restricted | Un- | |||
| Long | Property | Restricted | restricted | ||
| Leasehold | Improve- | Plant and | Plant and | ||
| P~ro er | ments | M~achiner | M~achiner | Total | |
| COST: | |||||
| At 1"April 2020 | 178,90] | 31,383 | 126,194 | 192,154 | 528,632 |
| Additions | 19,562 | 19,562 | |||
| Disposals | (326) | (49,108) | (3,078) | (52,512) | |
| At 31"March 2021 | 178,901 | 31,057 | 77,086 | 208,638 | 495,682 |
| DEPRECIATION: | |||||
| At 1"April 2020 | 33,079 | 24,330 | 118,996 | 183,619 | 360,024 |
| Provisions for the Year |
3,576 | 883 | 4,911 | 8627 | 17,997 |
| On Disposals | (106) | (46,821) | (2,454) | (49,381) | |
| At 31"March 2021 | 36,655 | 25,107 | 77,086 | 189,792 | 328,640 |
| NET BOOK VALUE: | |||||
| At 31"March 2021 | 142,246 | 5,950 | 18,846 | 167,042 | |
| At 31"March 2020 | 145,822 | 7,053 | 7,198 | 8,535 | 168,608 |
| Un- | |||||
|---|---|---|---|---|---|
| Restricted | restricted | Un- | |||
| Long | Property | Restricted | restricted | ||
| Leasehold | Improve- | Plant and | Plant and | ||
| ~Pro eri | ments | M~achiner | M~achiner | Total | |
| Charitable | |||||
| Activity Purposes | 142,246 | 5,950 | 18,846 | 167,042 |
| 12. | STOCK | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Stocks | 4,580 | 6,710 | ||||
| Work in | Progress | 3,154 | 4,077 | |||
| 7,734 | 10,787 | |||||
| 13. | DEBTORS | |||||
| 2021 | 2020 | |||||
| Amounts | recoverable | within one year:— | ||||
| Trade Debtors | 15,284 | 17,310 | ||||
| Prepayments | and Accrued Income | 7,512 | 6,968 | |||
| Other Debtors | 10,847 | 5,481 | ||||
| 33,643 | 29,759 | |||||
| 14. | CREDITORS | |||||
| 2021 | 2020 | |||||
| Amounts | falling due | within one year: | ||||
| Trade Creditors | 7,043 | 9,067 | ||||
| Accruals | and | Other Creditors | 4,929 | 2,003 | ||
| 11,972 | 11,070 |
| At31"March 2021 | At31"March 2021 | At 31.3.2020 |
Incoming Resources |
Outgoing Resources |
Transfers | At 31.3.2021 |
|---|---|---|---|---|---|---|
| Restricted Funds | ||||||
| Social Investment | Business | 153,020 | 10,774 | 142,246 | ||
| PCDL Grant | 73,858 | 73,858 | ||||
| Lower Green | ||||||
| Foundation Grant |
10,000 | 10,000 | ||||
| Bromhead Medical | 7,708 | 7,708 | ||||
| Bishop Grosseteste | ||||||
| University —Education & |
||||||
| Skills Funding | 8,000 | 8,000 | ||||
| Furlough Income |
52,892 | 52,892 | ||||
| LCC —Introducing | ||||||
| Distance Learning | 10,000 | 10,000 | ||||
| 153,020 | 162,458 | 173,232 | 142,246 | |||
| Unrestricted Funds |
194,598 | 161,074 | 105,774 | 249,898 | ||
| Total Funds | 347,618 | 323,532 | 279,006 | 392,144 | ||
| At 31"March 2020 | At 31.3.2019 |
Incoming Resources |
Outgoing Resources |
Transfers | At 31.3.2020 |
|
| Restricted Funds | ||||||
| Social Investment | Business | 161,507 | 8,487 | 153,020 | ||
| PCDL Grant | 117,591 | 117,591 | ||||
| Lower Green | ||||||
| Foundation Grant |
10,000 | 10,000 | ||||
| Mental Health Promotion | ||||||
| Fund | 3,750 | 3,750 | ||||
| 161,507 | 131,341 | 139,828 | 153,020 | |||
| Unrestricted Funds |
174,097 | 247,616 | 227,115 | 194,598 | ||
| Total Funds | 335,604 | 378,957 | 366,943 | 347,618 |
| Un- | ||
|---|---|---|
| restricted | Restricted | |
| As at31"March 2021 | Funds | Funds |
| Non Current Assets | 24,796 | 142,246 |
| Current Assets | 237,074 | |
| Current Liabilities | (11,972) | |
| Total Net Assets | 249,898 | 142,246 |
| Un- | ||
| restricted | Restricted | |
| As at31"March 2020 | Funds | Funds |
| Non Current Assets | 15,588 | 153,020 |
| Current Assets | 190,080 | |
| Current Liabilities | (11,070) | |
| Total Net Assets | 194,598 | 153,020 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| VOLUNTARY INCOME | ||||||||
| Donations | 7,529 | 11,051 | ||||||
| ACTIVITIES FOR GENERATING FUNDS | ||||||||
| Miscellaneous Income |
9,626 | 6,324 | ||||||
| INVESTMENT INCOME | ||||||||
| Bank Interest (Gross) | 84 | 75 | ||||||
| INCOMING RESOURCES FROM | ||||||||
| CHARITABLE ACTIVITIES | ||||||||
| Beneficiary Generated | Sales | 85,482 | 172,548 | |||||
| PCDL Grant Funding | 73,858 | 117,591 | ||||||
| Childrens Links |
2,517 | |||||||
| Lower Green Foundation | Grant | 10,000 | 10,000 | |||||
| Personal Budget Income | 41,878 | 54,737 | ||||||
| Pelican Place | 364 | |||||||
| Furlough Income |
52,892 | |||||||
| Mental Health Promotion | Fund | |||||||
| - Crafting for Fun | 3,750 | |||||||
| Bromhead Medical | 7,708 | |||||||
| LCC —Covid Funding | 16,475 | |||||||
| LCC —Introducing Distance Learning |
10,000 | |||||||
| Bishop Grosseteste University | ||||||||
| -Education k Skills | Funding | 8,000 | ||||||
| 306,293 | 361,507 | |||||||
| 323,532 | 378,957 | |||||||
| DIRECT COSTS | ||||||||
| Purchases | 35,324 | 76,865 | ||||||
| Pelican Place Costs | 64 | |||||||
| Wages - Technical Trainees and Helpers | 90,459 | 103,701 | ||||||
| Wages - Administration | and Welfare | 43,226 | 46,552 | |||||
| Social Security Costs | 4,750 | 6,741 | ||||||
| Pension Contributions | 616 | 259 | ||||||
| Therapeutic Payments |
807 | 3,373 | ||||||
| 175,182 | 237,555 | |||||||
| CARRIED FORWARD | 148,350 | 141,402 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| BROUGHT FORWARD | 148,350 | 141,402 | ||||
| OTHER COSTS | ||||||
| Wages —Administration | 39,309 | 45,279 | ||||
| Social Security Costs | 2,194 | 3,034 | ||||
| Pension Contributions | 49 | 25 | ||||
| Redundancy | 450 | 12,459 | ||||
| Motor and Travel Expenses | 103 | 4,151 | ||||
| Trainee Travel Expenses | 106 | |||||
| Telephone Charges |
3,191 | 3,506 | ||||
| Rent and Rates | 825 | (616) | ||||
| Light and Heat | 6,138 | 6,852 | ||||
| Advertising and Exhibitions |
168 | |||||
| Insurance | 4,194 | 4,399 | ||||
| Depreciation | 17,997 | 26,450 | ||||
| Repairs and Renewals | 12,269 | 12,853 | ||||
| Stationery, Postage and Carriage |
1,140 | 2,007 | ||||
| Cleaning Costs |
391 | 411 | ||||
| External Accountancy | and Audit Fees | 4,159 | 2,868 | |||
| Incidentals | 534 | 1,062 | ||||
| Bank Charges | 899 | 1,351 | ||||
| Professional Fees |
66 | |||||
| ITCosts | 6,851 | 2,957 | ||||
| Loss on Disposal ofAssets | 3,131 | |||||
| 103,824 | 129,388 | |||||
| SURPLUS FORTHE | YEAR | 44,526 | 12,014 |