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2022-03-31-accounts

			Page
Trustees' Report			1-7
Independent Examiners'		Report
Statement offinancial	activities
Balance sheet			10
Notes to the financial	statements		11-19

Charity's	name	Stroud Valleys Project Limited	Stroud Valleys Project Limited	Stroud Valleys Project Limited
Charity number		900107
Company	number	2224016
Registered	Office	8 Threadneedle	Street
(A Business address)		Stroud
		Gloucestershire
		GL5 1AF
Trustees		Stella Parkes		(Chair)
		Geoffrey Beckerleg
		Peter Seccombe		(Vice Chair)
		Mark Graham
		Stephen Watson	(resigned 31/03/22)
		Susan Ratcliffe
		Hugh Barton
		Martin Brown
Secretary		Deb Coleman
Accountants		Millhall Consultants		limited
		Carlson Suite
		Vantage Point Business Village
		Mitcheldean
		Gloucestershire
		GL17ODD
Bankers		Co-operative Bank
Solicitors		WSP Solicitors	LLP
		3/7 Rowcroft,
		Stroud,
		Glouce ster shire
		GL5 3BJ

FORTHE YEA	R E	NDED	31MA	RCH 2022
				Unrestricted	Restricted	Designated	2022	2021
				Funds	Funds	Funds	Total	Total
							As	restated
			Notes
Income and endowments		from	3
Donations and legacies				26,689	1,289		27,978	16,459
Charitable activities				60,873	116,357		177,230	138,543
Investments				8			8	93
Other				20,063			20,063	5,508
Total				107,633	117,646		225,279	160,603
Expenditure on
Raising funds				22,258	136		22,394	11,196
Charitable activities				104,738	117,475		222,213	161,732
Total				126,996	117,611		244,607	172,928
Net income/(expenditure)				(19,363)	35		(19,328)	(12,325)
Transfers between funds				35	(35)
Net movement in funds				(19,328)			(19,328)	(12,325)
Reconciliation offunds
Total funds brought	forward
As previously stated				113,031		13,000	126,031	138,356
Prior year adjustment				(17,184)			(17,184)	(17,184)
Total funds carried	forward			76,519		13,000	89,519	108,847

AS AT 31	MARC	H 2022
					2022	2021
						As restated
			Notes
Fixed assets
Tangible assets					3,825	3,216
Current assets
Debtors			8	65,672		33,142
Cash at bank and in hand			10	129,046		156,748
				194,718		189,890
Creditors: amounts		falling
due within	one year		9	(109,024)		(84,259)
Net current	assets				85,694	105,631
Net assets					89,519	108,847
Funds ofthe charity
Unrestricted	funds		11.1		76,519	95,847
Restricted funds			11.2
Designated	funds		11.3		13,000	13,000
					89,519	108,847

FOR	THE YEAR E	NDED 31M	ARCH 2022
3	Income
			Unrestricted Restricted		Designated	2022	2021
			Funds	Funds	Funds	Total	Total
	Donations and legacies
	Donations and gifts		24,531	1,289		25,820	14,308
	Gift aid		2,158			2,158	2,151
	Total donations	and legacies	26,689	1,289		27,978	16,459
	Charitable Activities
	Grant funded		39,190	94,770		133,960	111,238
	Locally funded		21,683	21,587		43,270	27,305
	Total charitable	activities	60,873	116,357		177,230	138,543
	Investment income
	Interest income						93
	Total investment	income					93
	Other income
	Management fees		20,063			20,063	5,508
	Total other income		20,063			20,063	5,508
	Total income
	and endowments		107,633	117,646		225,279	160,603

Expenditure
				Unrestricted		Restricted		Designated	2022	2021
					Funds		Funds	Funds	Total	Total
Raising Funds
Incurred seeking donations					4,922				4,922	4,922
Fundraising agents					1,285		136		1,421	1,568
Operating atrading company				under-
taking non-charitable	trading		activity		15,520				15,520	4,538
Advertising, marketing,		direct		mail
and publicity					531				531	168
Total raising funds					22,258		136		22,394	11,196
Charitable activities
Staffcosts and training					67,967		84,645		152,612	118,241
Rent, rates and service charge					16,269				16,269	14,966
Insurance					3,390				3,390	3,272
Repairs and maintenance					1,029		22,711		23,740	10,211
Printing, postage and	stationery				2,206		54		2,260	1,652
Telephone					1,258		155		1,413	1,429
Computer costs					2,089				2,089	391
Travelling					504		2,672		3,176	2,805
Consultancy fees					5,247		4,205		9,452	3,199
Accountancy and bookkeeping				fees	2,412				2,412	2,292
General expenses					442		2,967		3,409	1,271
Subscriptions					969		66		1,035	1,199
Depreciation					956				956	804
Total charitable activities					104,738		117,475		222,213	161,732
Total expenditure					126,996		117,611		244,607	172,928

						2022	2021
Depreciation						956	804
Independent	examiner's	fees	for	independent	examination	2,412	2,292
						3,368	3,096

FOR	THE YEAR ENDE	THE YEAR ENDE	D	31MARCH 2022
6	Paid employees
						2022	2021
						Number	Number
	The average	monthly	number ofemployees
	during the year was					14	14
	Total Employment			Costs
				Unrestricted	Restricted
				Funds	Funds	2022	2021
	Staff salaries			80,378	79,844	160,222	118„834
	Employers	N.l.		5,206	3,027	8,233	5,543
	Employers	pensions		2,325	1,639	3,964	3,293
	Recruitment	expenses		500	35	535
				88,409	84,545	172,954	127,670

Tangible fixed assets	Fixtures
	fittings and
	equipment
Cost or valuation
At 1 April 2021	64,101
Additions	1,565
At 31March 2022	65,666
Depreciation and impairments
At 1 April 2021	60,885
Charge for the year	956
At 31March 2022	61,841
Net book value
At 31March 2022	3,825
At 31March 2021	3,216

FOR	THE YEAR	ENDED 31	MARCH 2022
8	Debtors
				2022	2021
	Trade debtors			21,980	8,387
	Prepayments	and accrued income		3„343	3,343
	Amounts owed by subsidiary		undertaking	40,349	21,415
				65,672	33,145
	Creditors	and accruals	—as restated
				2022	2021
	Trade creditors			5,227	133
	Accruals and	deferred income
	as previously	stated		99,058	66,097
	prior year adjustment —Note		12		17,184
	Taxation and	social security		4,739	845
	Other creditors
				109,024	84,259
10	Cash at bank and in hand			2022	2021
	Cash at bank	and on hand		129,046	156,748
				129,046	156,748