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