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REGISTERED COMPANY NUMBER: 04157375 (England and Wales)
REGISTERED CHARITY NUMBER: 1087420














Report of the Trustees and

Financial Statements for the Year Ended 31st March 2022

for

Capital Project Trust

Capital Project Trust

Contents of the Financial Statements
for the Year Ended 31st March 2022










Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8 to 9

Cash Flow Statement 10

Notes to the Cash Flow Statement 11

Notes to the Financial Statements 12 to 19

Capital Project Trust (Registered number: 04157375)

Report of the Trustees
for the Year Ended 31st March 2022



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims for the public benefit
The Capital Project Trust has been established as a Charity since 2001. Completely service user led, it exists with the aim of improving the lives of people who experience mental and emotional distress by:
-Providing mutual peer support and training to people who use mental health services
-Providing training and consultation services to mental health service providers

-
Working with partners in the voluntary and statutory sectors to monitor mental health services to ensure that
they are as good as they can be

-
Raising awareness of mental health issues in the wider communities to promote social inclusion and overcome
stigma

We also work to:
-Retain our unique quality as a service user/member led, mutually supportive organisation


-
Continue our absolute commitment to putting people first within the organisation, we care about our members,
our trustees and our staff and will ensure that people's wellbeing is the fundamental consideration as we
develop our business priorities
-Maintain our commitment to making CAPITAL accessible and free to all those who wish to be members.

-
Work to break down the stigma that people with mental health problems experience by informing the wider
public about mental health issues
-Be a voice advocating for improvements to the care for people who use mental health services

We aim to achieve this by:
-Our new members' training course which boosts the knowledge and skills of participants.
-Regular group meetings in localities to facilitate information sharing and mutual support.
-Working with the local Clinical Commissioning Groups and other statutory and voluntary sector partners to ensure the people who use mental health services have their voices heard when it comes to changing and improving those services.
-Working with local universities and other educators to deliver training from a service user perspective.
-Engaging with the media and the wider public to inform them about mental health issues, particularly working around World Mental Health Day and Mental Health Awareness Week.
-Working with other local mental health providers as part of Pathfinder West Sussex to achieve a more joined up service offer for people who experience mental distress in the county. We continue to work actively with our partners to build the service and ensure that the voices of the people who use our services are heard loud and clear within this evolving structure.
-Providing independent inpatient peer support to improve mental health services and to offer peer to peer guidance in self-help strategies.
-Delivering formal and less formal peer support training to build expertise within our peer support workforce.
-Facilitating inpatient feedback via Patient View Point groups enabling people to give their views on their experiences of the local hospitals without fear of reprisal.
-Sharing and participating in national service user fora such as NSUN (the National Survivor and User Network), particularly contributing to their campaign on The Value of User Led Organisations.
-Being vociferous throughout the public consultation to Improve Inpatient Services in West Sussex.


Capital Project Trust (Registered number: 04157375)

Report of the Trustees
for the Year Ended 31st March 2022


ACHIEVEMENT AND PERFORMANCE
Charitable activities
In addition to the core activities outlined above, CAPITAL continued to offer regular peer run social "Drop In" sessions and face to face activities for its members, who enjoy meeting socially in a relaxed environment until April 2020. Due to the daily challenges arising from the legislative adjustment needs of the Covid pandemic from April 2020 to date our service provision adapted as appropriate. Consultation with CAPITAL membership and staff alike outlined how best to meet our needs whilst fulfilling our objectives; with a focus on empowering those with mental and emotional distress to maintain a quality of life that aimed to support and/or improve overall wellbeing. The CAPITAL service adapted from face-to-face activities to enablement of engagement from home base via increased contact calls and social media interaction with implementation of virtual meetings, training, and activities during the final quarter of this financial year. During this pandemic virtual, mutual peer support has proved to be a lifeline for many. From February 2022 we restarted in person activities and began offering hybrid meetings for members and staff. This allowed choice over accessing meetings according to what people felt happier with.

The Peer Support Project continues to run with additional health and safety procedures and protocol in place at Meadowfield in Worthing, Langley Green in Crawley, and Oaklands in Chichester.

We were also able to offer a lifeline to members through our Winter Resilience project which ran until end of April 2021 facilitating weekly peer calls to members, additional training provision and virtual peer to peer drop-in sessions; thus, meeting elevated demand for regular contact to reduce isolation together with appropriate signposting to empower individuals and enable specific responsibility for personal need during the additional challenges experienced during the winter months.

We maintained the use of databases within CAPITAL for capturing information gathered by our Peer Support workers, so that we can professionally produce information and statistics for the CCG when required - the databases are expanded and up-dated as we feel necessary with full training given to all staff.

FINANCIAL REVIEW
Principal funding sources
A breakdown of our funding received this year is as follows:
1 Core Funding - £160,928 for the year paid on 1st April, 1st July, 1st October and 1st January. This figure includes the Coastal West Sussex and Northern West Sussex incentive payments.
2 Peer Support Funding - £67,592 paid as per Core Funding.
3 Donations and Bank Interest combined total £4,755.
4 Invoiced tasks - we have raised invoices to the value of £933, this is a result of training work and consultations.

Our Costing Analysis procedures have been maintained through the year. Budget figures and monthly expenditure figures are reported to the Trustees at each board meeting. The Bank Statements are checked and signed off monthly by the Treasurer, in accordance with our Financial Policies.

We have sustained our emphasis and awareness of costs which has allowed CAPITAL to adapt and rise to the pandemic challenges while maintaining its high standard of commitment to its members.

General Sum Up of Finances
This year we have been able to return to some of our post Covid activities - carried out in line with Government guidance and within the parameters of our Risk Management Policies we have seen costs for meeting, room hire and transport costs for our members in this year. We remain committed to supporting members at meetings and online where appropriate.

CAPITAL will always strive to maintain its high standard of commitment to its members.


Capital Project Trust (Registered number: 04157375)

Report of the Trustees
for the Year Ended 31st March 2022


FINANCIAL REVIEW
Reserves policy
CAPITAL's reserves are the funds available for general purposes after meeting planned expenditure and other commitments, being set aside and discounted for the purposes of day to day accounting and cash flow forecasts. Available funds are always lowest just before core funding is received, normally on 1st April and 1st October each year.

CAPITAL's policy, informed by Charity Commission Publication CC19 and related documents is:

"To aim to have reserves sufficient to cover fluctuations in the timing and amount of incoming finance and outgoing payments and to cover the costs of winding up CAPITAL should this become necessary. These two situations would not occur together, given the promise by the commissioners of six months warning of major core funding changes. The reserves required to cover the two situations would be three months operating costs, currently around £40,000."

The trustees intend to bring the level of reserves in line with this policy.

FUTURE PLANS
Our core funding from the CCG is secure up to the end of March 2024. Due to the pandemic, we remain in the process of agreeing a new reporting framework which will include financial penalties should we not meet agreed targets. We continue to explore possible options to increase funding as we evolve and the demands for our provision of service increase.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is controlled by its governing document, the Memorandum and Articles of Association and constitutes a company limited by guarantee, as defined by the Companies Act 2006.

The CAPITAL Project Trust operates in accordance with its Memorandum and Articles of Association.

Organisational structure
All voting trustees are drawn from the CAPITAL membership. They take overall responsibility for developing the strategic direction for CAPITAL, are responsible for setting policy, and for maintaining the legal and financial viability of the business, as set out by the two regulatory bodies, the Charity Commission and Companies House. They are also responsible for ensuring adherence to all other statutes applicable to our work.

By representing CAPITAL's members in this way, we ensure that CAPITAL is truly Service User led, with our members setting CAPITAL's direction in line with their wishes, needs and aspirations.

CAPITAL's day-to-day running is on a flat level management structure, with all staff reporting directly to the CEO. The Chairman of the Board holds line management responsibility for the CEO. Separate arrangements are made for Peer Support Workers.

To maximise the involvement of the wider CAPITAL membership in the issue of governance, the self governance group, made up primarily of members who are not trustees, also reviews issues of governance as they arise and makes recommendations to the trustees. Whilst decisions ultimately rest with the board, they do not go against the recommendations of this group without good reasons which are fed back to them.

In accordance with our charitable incorporation the trustees take their responsibility to ensure good governance very seriously. We are retaining the services of Peninsula Business Services to ensure that we are given up to date legal advice regarding human resources and health and safety matters. Staff are delegated to ensure that other legal requirements for example in terms of business and charity law are all met.

We regularly review our policies to ensure that they are sufficient and appropriate to the organisation. We are signatories of the Mindful Employer Charter.


Capital Project Trust (Registered number: 04157375)

Report of the Trustees
for the Year Ended 31st March 2022


STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees
Training is made available to any CAPITAL member considering their candidature as trustee. This training covers the role and responsibilities of a trustee, and also of a director of a limited company, our business set-up and legal framework, and the trustees' role within this. All new trustees receive an initial induction from our administrator, who gives them relevant information. There is ongoing training throughout the year to further support each trustee in this responsible role.

In training, all prospective new trustees are made aware that in order to fully represent our members, they must regularly attend locality, quarterly and other meetings to ensure they can hear members views.

Risk management
Regular risk assessments are carried out to ensure that CAPITAL's activities are managed as safely and effectively as possible. Due to the Covid pandemic additional risk assessment completion was required from mid-March 2020 thus enabling staff to work safety from home in addition to collaborative risk being reviewed regularly to ensure the safety, wellbeing and infection prevention for our Peer Support Workers who remain facilitating inpatient support. From February 2022 as Covid restrictions relaxed we began opening our offices and group in person meetings recommenced. We regularly review risk through team and line management meetings.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04157375 (England and Wales)

Registered Charity number
1087420

Registered office
Safe Haven
32 Sudley Road
Bognor Regis
West Sussex
PO21 1EL

Trustees
J Cavalier Chair
R Davies Deputy Chair
K Anders Treasurer
C Murray
B Faulks
C Snooks
T Lockyear (resigned 2.9.21)
T C Bird Co-opted for his lifetime - no vote

Company Secretary
M L Withall

Independent Examiner
A C Kensett FMAAT FCCA
Sheen Stickland
Chartered Accountants
7 East Pallant
Chichester
West Sussex
PO19 1TR


Capital Project Trust (Registered number: 04157375)

Report of the Trustees
for the Year Ended 31st March 2022


REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Barclays Bank plc
1 Chapel Road
Worthing
West Sussex
BN11 1EX

Permanent Staff
Tania Edge Chief Executive Officer - resigned 31.01.2022
Duncan Marshall Chief Executive Officer - appointed 07.02.2022
Helen Hayward Learning & Development Coordinator
Latoya Labor Northern Locality Coordinator
Shaun Spillane Coastal Locality Coordinator
Michelle Montesina-Chinea AAW Locality Coordinator
Jenna Dickens Office Admin
Julia Hahn Office Cleaner
P Marie Butcher Senior Admin - resigned 30.06.2021

Peer Support Staff
Annette Taylor Peer Support Administration& HR Administrator
Lucy Parsonage Peer Support
Carol Grant Peer Support
Christine Eccleston Peer Support
Amanda Milsom Peer Support
Richard Love Peer Support
Roger Slack Peer Support
Kevin O'Hara Peer Support
Melanie Farrow Peer Support
Loretta Cornish Peer Support
Marie Porter Peer Support Bank
Nicole Hegarty Peer Support Bank
Lisa Paffett Peer Support Bank
Heidi Tilney Peer Support Bank

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 24th August 2022 and signed on its behalf by:





M L Withall - Secretary

Independent Examiner's Report to the Trustees of
Capital Project Trust


Independent examiner's report to the trustees of Capital Project Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2022.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








A C Kensett FMAAT FCCA
Sheen Stickland
Chartered Accountants
7 East Pallant
Chichester
West Sussex
PO19 1TR

2nd September 2022

Capital Project Trust

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31st March 2022

Period
1.10.20
Year Ended to
31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 4,746 - 4,746 484

Charitable activities
Training facilities and workshops 161,861 - 161,861 80,978
Peer support - 67,592 67,592 33,796
Winter Resilience - - - 48,400

Investment income 3 9 - 9 5
Total 166,616 67,592 234,208 163,663

EXPENDITURE ON
Charitable activities 5
Training facilities and workshops 148,758 - 148,758 72,731
Peer support - 71,172 71,172 24,171
Winter Resilience - 10,023 10,023 12,087

Other 1,057 - 1,057 507
Total 149,815 81,195 231,010 109,496

NET INCOME/(EXPENDITURE) 16,801 (13,603 ) 3,198 54,167

Transfers between funds 14 24,142 (24,142 ) - -
Net movement in funds 40,943 (37,745 ) 3,198 54,167

RECONCILIATION OF FUNDS

Total funds brought forward 16,822 54,036 70,858 16,691

TOTAL FUNDS CARRIED FORWARD 57,765 16,291 74,056 70,858

Capital Project Trust (Registered number: 04157375)

Balance Sheet
31st March 2022

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 10 5,180 - 5,180 3,164

CURRENT ASSETS
Stocks 11 175 - 175 187
Debtors 12 992 - 992 1,018
Cash at bank and in hand 58,219 16,291 74,510 80,071
59,386 16,291 75,677 81,276

CREDITORS
Amounts falling due within one year 13 (6,801 ) - (6,801 ) (13,582 )

NET CURRENT ASSETS 52,585 16,291 68,876 67,694

TOTAL ASSETS LESS CURRENT
LIABILITIES

57,765

16,291

74,056

70,858

NET ASSETS 57,765 16,291 74,056 70,858
FUNDS 14
Unrestricted funds 57,765 16,822
Restricted funds 16,291 54,036
TOTAL FUNDS 74,056 70,858

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial 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 charitable company.


Capital Project Trust (Registered number: 04157375)

Balance Sheet - continued
31st March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 24th August 2022 and were signed on its behalf by:





R Davies - Trustee





K Anders - Trustee

Capital Project Trust

Cash Flow Statement
for the Year Ended 31st March 2022

Period
1.10.20
Year Ended to
31.3.22 31.3.21
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 (2,408 ) 63,071
Net cash (used in)/provided by operating activities (2,408 ) 63,071

Cash flows from investing activities
Purchase of tangible fixed assets (3,162 ) (3,152 )
Interest received 9 5
Net cash used in investing activities (3,153 ) (3,147 )

Change in cash and cash equivalents in
the reporting period

(5,561

)

59,924
Cash and cash equivalents at the
beginning of the reporting period

80,071

20,147
Cash and cash equivalents at the end of
the reporting period

74,510

80,071

Capital Project Trust

Notes to the Cash Flow Statement
for the Year Ended 31st March 2022


1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
Period
1.10.20
Year Ended to
31.3.22 31.3.21
£    £   
Net income for the reporting period (as per the Statement of Financial
Activities)

3,198

54,167
Adjustments for:
Depreciation charges 1,146 177
Interest received (9 ) (5 )
Decrease in stocks 12 32
Decrease in debtors 26 577
(Decrease)/increase in creditors (6,781 ) 8,123
Net cash (used in)/provided by operations (2,408 ) 63,071


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.21 Cash flow At 31.3.22
£    £    £   
Net cash
Cash at bank and in hand 80,071 (5,561 ) 74,510
80,071 (5,561 ) 74,510
Total 80,071 (5,561 ) 74,510

Capital Project Trust

Notes to the Financial Statements
for the Year Ended 31st March 2022


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
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 measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Governance costs
Governance costs comprise the costs of running the charity, including strategic planning for its future development, any legal advice for the trustees, and all the costs of complying with constitutional and statutory requirements, such as the costs of trustee meetings and of preparing statutory accounts and satisfying public accountability.

Allocation and apportionment of costs
Costs incurred in respect of the provision of training facilities and workshops are taken to direct charitable expenditure.

Expenditure which does not directly relate to the objects of the charity is analysed between charitable support costs, governance costs and costs of generating funds. Items which involve more than one cost category are apportioned to the cost categories involved in order to reflect the level of associated activity during the year.

Expenses relating to restricted funds are shown separately.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Equipment - 25% on cost

All assets are included and held at historical cost, only those capital purchases above the value of £500 are capitalised.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Fund accounting
Unrestricted Funds
Unrestricted reserves are the balance of unspent funds, held to meet the day to day running costs of the charity. This reserve is required to meet the regular ongoing commitment to staff and suppliers.

Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted Funds
Restricted funds can only be used for the purpose specified.

To the extent that restricted funds are expended on capital items a transfer is made between unrestricted and restricted reserves.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES
Period
1.10.20
Year Ended to
31.3.22 31.3.21
£    £   
Gifts 4,746 484

3. INVESTMENT INCOME
Period
1.10.20
Year Ended to
31.3.22 31.3.21
£    £   
Deposit account interest 9 5

4. INCOME FROM CHARITABLE ACTIVITIES
Period
1.10.20
Year Ended to
31.3.22 31.3.21
Activity £    £   
Mental Health
Commissioning Team


Training facilities and workshops

160,928

80,464
Provision of training facilities Training facilities and workshops 933 514
Peer support funding Peer support 67,592 33,796
Mental Health
Commissioning Team


Winter Resilience

-

48,400
229,453 163,174


Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


5. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
£    £    £   
Training facilities and workshops 82,523 66,235 148,758
Peer support 71,172 - 71,172
Winter Resilience 8,483 1,540 10,023
162,178 67,775 229,953

6. SUPPORT COSTS
Governance
Management costs Totals
£    £    £   
Training facilities and workshops 41,243 24,992 66,235
Winter Resilience - 1,540 1,540
41,243 26,532 67,775

Support costs, included in the above, are as follows:

Governance costs
Period
1.10.20
Year Ended to
31.3.22 31.3.21
Training
facilities
and Winter Total Total
workshops Resilience activities activities
£    £    £    £   
Independent Examination fees 3,000 - 3,000 3,000
Legal and professional fees 4,821 - 4,821 2,752
Financial management 4,270 1,540 5,810 4,099
Bookkeeping 11,756 - 11,756 4,635
Depreciation of tangible fixed assets 1,145 - 1,145 177
24,992 1,540 26,532 14,663


Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Period
1.10.20
Year Ended to
31.3.22 31.3.21
£    £   
Depreciation - owned assets 1,146 177

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the period ended 31st March 2021.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2022 nor for the period ended 31st March 2021.


9. STAFF COSTS
Period
1.10.20
Year Ended to
31.3.22 31.3.21
£    £   
Wages and salaries 149,964 70,818
Social security costs 2,201 1,184
Other pension costs 2,157 1,335
154,322 73,337

The average monthly number of employees during the year was as follows:

Period
1.10.20
Year Ended to
31.3.22 31.3.21
Core staff 4 3
Peer staff 2 2
6 5

No employees received emoluments in excess of £60,000.


Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


10. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1st April 2021 13,340
Additions 3,162
At 31st March 2022 16,502
DEPRECIATION
At 1st April 2021 10,176
Charge for year 1,146
At 31st March 2022 11,322
NET BOOK VALUE
At 31st March 2022 5,180
At 31st March 2021 3,164

11. STOCKS
2022 2021
£    £   
Stocks 175 187

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 435 -
Prepayments and accrued income 557 1,018
992 1,018

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors - 3,887
Social security and other taxes 1,131 4,353
Other creditors 2,670 2,342
Accruals and deferred income 3,000 3,000
6,801 13,582


Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
£    £    £    £   
Unrestricted funds
General fund 16,822 16,801 - 33,623
Winter Resilience Fund - - 24,142 24,142
16,822 16,801 24,142 57,765
Restricted funds
Peer Support Project 19,871 (3,580 ) - 16,291
Winter Resilience Fund 34,165 (10,023 ) (24,142 ) -
54,036 (13,603 ) (24,142 ) 16,291
TOTAL FUNDS 70,858 3,198 - 74,056

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 166,616 (149,815 ) 16,801

Restricted funds
Peer Support Project 67,592 (71,172 ) (3,580 )
Winter Resilience Fund - (10,023 ) (10,023 )
67,592 (81,195 ) (13,603 )
TOTAL FUNDS 234,208 (231,010 ) 3,198


Comparatives for movement in funds

Net
At movement At
1.10.20 in funds 31.3.21
£    £    £   
Unrestricted funds
General fund 6,445 10,377 16,822

Restricted funds
Peer Support Project 10,246 9,625 19,871
Winter Resilience Fund - 34,165 34,165
10,246 43,790 54,036
TOTAL FUNDS 16,691 54,167 70,858

Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 81,467 (71,090 ) 10,377

Restricted funds
Peer Support Project 33,796 (24,171 ) 9,625
Winter Resilience Fund 48,400 (14,235 ) 34,165
82,196 (38,406 ) 43,790
TOTAL FUNDS 163,663 (109,496 ) 54,167

The fund relating to the Peer Support Project was granted to contribute towards the provision of Peer Support Workers.

The fund relating to the Winter Resilience Project was granted towards the provision of weekly peer calls to members, additional training provision and virtual peer drop in sessions to help those who face additional challenges during the winter months.

Transfers between funds

During the year the Winter Resilience Fund was reclassified from restricted to unrestricted, the transfer of £24,142 represents the reclassification of the fund.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2022.

16. OPERATING LEASES

The following operating lease payments are committed to be paid:
Land and buildings Other operating leases
2022 2021 2022 2021
£    £    £    £   
Expiring:
Less than one year 18,400 17,700 5,808 5,808
Between one and five years 46,000 64,400 5,808 11,616
More than five years - - - -
Total 64,400 82,100 11,616 17,424


Capital Project Trust

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022


17. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee and accordingly has no share capital.