Company registered number: N1030090 Charity registered number: NIC104715 CONWAY EDUCATION CENTRE IPr5vate company limited by guarantee wlthout share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
CONWAY EDUCATION CENTRE CONTENTS PAGE Reference and administrative details of the charity, trustees and advisers Annual Report of the Trustees Independent Examiner Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-16
CONWAY EDUCATION CENTRE (Private company limited by guarantee without Share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report (Incorporating the Director's Report) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 23 October 1995 and registered with the Charity Commission for Northern Ireland on 11 March 2016. REFERENCE AND ADMINISTRATIVE DETAILS Registered Cornpany number N1030090 Registered Charity number NIC104715 Registered office Conway Education Centre Limited The Mill 5-7 Conway Street Belfast BT13 2DE CHAIRPERSON Ann Pendleton TRUSTEES Ciaran Cahill Ann Pendleton Peter Fusco Gerard Smith Gabriel Carlin (Resigned 10th May 2023) INDEPENDENT EXAMINER Tony Clarke FCPA Certified Public Accountant 53 Andersontown Road Belfast BTII 9AG
CONWAY EDUCATION CENTRE IPrivate company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report (Incorporating the Director's Report) The Trustees present their annual report together with the financial statements of the company for the 01 April 2022 to 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the company's governing document, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practices applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from l January 2016) Structure, Governance and Trustees Conway Education Centre which is registered as a charity with the Charity Commission for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N1030090, with the objective of undertaking charitable activities for the benefit of the inhabitants of Northern Ireland. Achievement and Performance In 2022/2023 academic year Conway Education Centre has provided 20 accredited courses (Entry level to Level 21, 17 unaccredited courses, facilitated 4 Diploma courses in complementary therapies, delivered 4 ESOL courses, 3 ESOL Integration projects and continued our successful Homework Club for refugee families. Over 600 students between 8 years of age and 83 year5 of age accessed education in the Centre. Qualifications were gained in GCSE English, GCSE Maths, Essential Skills English, Maths and ICT, Fundamentals of Health care, Supporting individuals with Dementia, Social Media and Digital Marketing. Students gained skills and increased awareness in Sign language, Irish history, Spanish conversation, multi-cultural crafts, arts, Indian cooking, stress management and complementary therapies. Funding was received from 6 smaller non-governmental funders to deliver 3 ESOL language and integration projects. The projects were attended by 47 students and 9 Adult education/language volunteers. The Homework Club supported 121 children and young people with study skills and homework support. In 2022/2023 students from 16 different countries attended courses in Conway Education Centre. Our team of 34 amazing volunteers (Homework Club volunteer5, Adult Education volunteers and off ice/canteen volunteers) helped our staff to deliver these services over the year. One of our volunteers was honoured to receive Belfast's Older Volunteer of the Year Award
CONWAY EDUCATION CENTRE (Private company lim ited by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report {Incorporating the Director's Report) This year has seen an increased demand for our accredited courses such as Essential Skills, especially from the refugee and asylum-seeking community who were unable to access mainstream provision due to its waiting lists and specific entry requirements. In September 2022 Conway received a learning grant from OCN which enabled us to reduce the student course fee for OCN accredited courses. As finances are one of the main barriers to education, this grant was particularly welcome. The impact of the cost of living crisis was clear in the second semester; enrolment figures for the non-accredited courses, decreased. Efforts are being made to obtain funding for these courses for the September 2023 semester. The rising energy costs are of significant concern as the education centre is located in an old Linen Mill. The building has stone floors, high ceilings, single glass windows and no insulation. In order to examine possible energy saving measures, the Centre applied for and received funding to commission a feasibility study into this. Further funding applications12023120241 will be needed to implement its recommendations. Conway Education Centre remains a key member of Belfast Neighbourhood Regeneration Forum and is an active participant in government consultations on developing strategies such as the Refugee Integration Strategy. Conway Education Centre continues to work in partnership with other education providers such as the Full-service Community Network ICCMS), Belfast Metropolitan College and the Open University. We are confident that our quality courses and learner-centred support services will continue to meet the need of our changing community. Goin8 Concern After makin8 appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basi5 in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Financial Review The results for the year ended 31 March 2023 are set out on pages 8 and 9 of the financial statements. The total income for the year ended 31 March 2023 amounted to £226,736 The total expenditure was £227,77312022,.£229,717) The Trustees consider that the unrestricted funds of the charity is suff icient and adequate to fulfil their obligations. The charity held £88,486 in reserves at the year end (2022:£82,870).
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report (Incorporating the Director's Report) Reserves Policy The income of the Company is considered adequate and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied with the current level of reserves at the present time. The Trustees are reviewing the Reserves Policy in the current year.
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Trustees, Annual Report (Incorporating the Director's Report) Trustees, responsibilities statement The Trustees (who are also directors of Conway Education Centre for the purposes of company lawl are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard Iunited Kingdom Generally Accepted Accounting Practice) Company law requires the trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the income resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP, Make judgments and accounting estimates that are reasonable and prudent; Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2016. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Conway Education Centre is a company limited by guarantee by its Memorandum and Articles of Association. Each members liability is limited to an amount not exceeding £1. This report was approved by the Trustees, on and signed on behalf by: Ann Pendleton Trustee
CONWAY EDUCATION CENTRE {Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CONWAY EDUCATION CENTRE. I report on the financial statements of the company for the year ended 31 March 2023 which are set out on pages 8 and 9. This report is made solely to the company's Trustees, as a body in accordance with section 6513)(a) of the Charities Act Northern Ireland 2008 and regulations made under section 66 of the Act. My work has been undertaken so that I might state to the company's Trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work of this report. Respective responsibilitles of trustee5 and examiner As the company's Trustees land also the directors of the company for the purpose of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to audit under company law, and is eligible for Independent examination. It is my responsibility to., examine the account5 under section 65 of the Charities Act • follow the procedures laid down in the general Directions given by the Commission under section 6519)Ib) of the Charities Act state whether particular matters have come to my attention. Basis of Independent Examlner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9)Ibl of the Charities Act, My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Independent examinerfs statement My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirement5 of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CONWAY EDUCATION CENTRE (continued) I have completed my examination and have no concerns in respect of the matters (l) to141 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. larke 53 Andersonstown Road Belfast BTII 9AG Date:
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT Year to Unrestricted Restricted 31-Mar-23 Funds Funds TOTAL Year to 31-Mar-22 TOTAL Note Income from: Generated Funds Charitable Activities 2,318 23,072 193,370 7,976 195,688 31.048 224,480 18,209 Total Income 25,390 201,346 226,736 242,689 Expenditure on; Charitable Activities 19,961 207,811 227,773 229,717 Total Expenditure: 19,961 207,811 227,773 229,717 Net In¢ome/(Expenditure) 5,428 16,465) {1,037) 12,973 Transfers between funds 188 1188) Net movement in funds 5,616 (6,653) 1,037) 12,973 Reconciliation of Funds Total funds brought forward 13 82,870 36,406 119,276 106,304 Total Funds carried forward 12 88,486 29,753 118,239 119,276 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. The notes on page 10 to 16 form and integral part of these accounts
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 BALANCE SHEET As at 31 March 2023 2022 Note Fixed Assets Tangible A55ets 11 1,856 1,856 2,474 2,474 Current Assets Debtors Cash at bank & Oth( 15,487 102,254 117,741 8,232 123,554 131,786 Liabilities Creditors: amounts fallin8 due within one year 1,358 14,9841 Net Current Assets 116,383 116,802 Net assets 118,239 119,276 Fund5 Restricted Unrestricted 12 12 29,753 88,486 36,406 82,870 TOTAL FUNDS 12 118,239 119,276 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the f inancial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The nancial statements were approved by the board directors on ..... ..i.&. and were signed on n Pendleton Trustee The notes on page 10 to 16 form and integral part of these accounts
CONWAY EDUCATION CENTRE IPrivate company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS l Accounting policies Charity information Conway Education Centre is a private company limited by guarantee incorporated in Northern Ireland. The registered office is: The Mill, 5-7 Conway Street, Belfast, Northern Ireland, BT13 2DE. 1.1 Accounting convention The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}" las amended for accounting periods commencing from l January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unle55 the funds have been designated for other purposes. Restricted funds are Subject to specific conditions by donors as to how they may be used. 1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 10
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (continued) 1.4 Incoming resources (continued) Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unle55 performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measure reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. The charity is below the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activity basis. 1.6 Tangible fixed a55ets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment10sses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Capital 50 years straight-line Equipment 25% reducing balance 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, dep051ts held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial Instruments The charity has elected to apply the provisions of Section Il'Basic Financial Instruments, and Section 12'0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial Statements, when there is a legally enforceable right to set off the recognised amounts and there 15 an intention to settle on a net basis or to realise the asset and settle the liability simultaneously 11
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (continued) 1.9 Basic financial assets Basic financial asset5, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unle55 the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Basic financial liabilities Basic financial liabilitie5, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 1.11 Derecognition of financial liabilities Financial liabilities are derecognised when the charity'5 contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Critical accounting estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affect5 only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 12
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (continued) 2023 2022 Unrestricted Funds Restricted Funds TOTAL TOTAL Grants Totals 2023 2,318 2,318 193,370 193,370 195,688 195,688 224,480 224,480 Totals 2022 2,165 222,315 224,480 ri 2023 2022 Unrestricted Funds Restrlcted Funds TOTAL TOTAL Deposit Account Interest Activities Donations Totals 2023 108 17,258 5,705 23,072 108 25,234 5,705 31,048 76 9,116 9,018 18,209 7,976 7,976 Totals 2022 18,209 18,209 4 Staff Costs and Numbers 2023 2022 Gross Wages and Salaries 137,265 137,265 133,905 133,905 No employee received emoluments of more than £60,000 (2022: None) The average monthly number of employees during the year, calculated on the basis of full time equivalents, wa5 as follows: 2023 Number 2022 Number 13
CONWAY EDUCATION CENTRE (Private cornpany limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTE5 TO THE ACCOUNTS {continued) 5 Ex enditure Analysis of resources expended 2023 2022 Charitable Activities Unrestricted Funds Restricted Funds TOTAL TOTAL Salaries and Wages Heat & Light Cleaning Contracts / Materials Telephone & Internet Rent Depreciation Insurance Postage & Stationary Hospitality Maintenance Costs Programme Costs Travel - Staff Marketing and Advertising Professional costs Total 2023 12,3431 4,071 152 1,321 139,608 5,538 3,752 1,233 760 137,265 9,609 3,903 2,554 760 619 2.212 4,296 997 5,416 40,161 565 1,500 17,915 227,773 133,905 6,407 3,142 730 611 941 1,679 7,823 332 7,518 58,240 183 1,340 6,866 229,717 619 450 1,934 930 1,236 7,120 142 1,762 2,362 68 4,181 33,041 423 1,500 13,584 207,811 4,331 19,961 Total 2022 29,216 200,500 229,717 6 Trustees remuneratlon & expenses During the year, no Trustees received any remuneration {2022- £NIL). During the year, no Trustee5 received any benefits in kind12022 - £NIL). During the year, no Trustees received any reimbursement of expenses (2022 - £NIL}. 7 Debtors 2023 2022 Grants Receivable 15,487 15,487 8,232 8,232 14
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (CONTINUED) 8 Creditors: amounts fallin due within one ear 2023 2022 Trade Creditors Other Creditors 6,110 (4,752 1,358 14,984 14,984 9 Inde endent examiner's remuneratlon The independent Examiner's remuneration amount5 to an Independent Examination fee of £NIL (2021- £NIL} 10 Related ar transartions There were no related party transactions during the year. IIT le Fixed As ets easehold Pro ert Fixtures & Com Flttin uter & IT Total COST At l April 2022 Additions Disposals 347,352 80,249 594 428,195 At 31 March 2023 347,352 80,249 594 428,195 DEPRECIATIOM At l April 2022 Charge for the year Eliminated on disposal 347,352 78,369 470 425,721 619 149 At 31 March 2023 347,352 78,839 149 426,340 NET BOOK VALUE At 31 March 2022 1,880 594 2,474 At 31 March 2023 1,410 446 1,856 15
CONWAY EDUCATION CENTRE (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS (continued) 12 nt rr Balance at l April 2022 Transfer in/out Balance at 31 March 2023 Income Expense Restricted funds Awards for all Lottery Anne McGreeney Foundation (C CRC CiNYr2 CiNYrl Department Of Economy Dfc DFC Job Start EA Halifax MEARS / BCC NIHE OCN NI Radius Housing Ass John Moores The Ireland Fund Total restricted funds 5,525 (5,525) 1385) 1103) (29,682) 111,7721 {1,419> (111,585) (5,280) (188) 111,880) (1,742) (4,138) {2,446) (1,8551 1923} (1,146) 117,932) {207,811) (188) 1,930 2,020 38,456 7,691 1,545 1,917 8,774 7,451 11,531 1,419 111,585 5,467 11,880 3,360 7,976 2,446 1,855 3,390 3,290 1,618 3,838 2,467 2,144 17,932 36,407 201,346 29,754 Unrestricted funds General funds Total Unrestricted funds 82,870 82,870 25,389 25,389 119,961) (19,961) 188 88,485 88,485 Total of funds - current year 119,277 226,735 227,773 118,239 13 Statem nt of fund - rior ear Balance at l April 2021 Transfer in/out Balance at 31 March 2022 Income Expenditure Total restricted funds Total unrestricted funds Total of funds - prior year 222,315 20,374 242,689 (200,500) 14,591 129,216) {14,591) (229,716) 36.407 82,870 119,277 106,304 106,304 16