2021-03-31-accounts

Contents
			Page
Charity Reference and	Administrative	Details
Trustees' Annual Report
Independent Auditor*s	Report		'IO
Statement of Financial	Activities		12
Balance Sheet			13
Statement of Cash Flows			14
Notes to the Financial	Statements		15

Reporting Standard applicable	in the UK	and Republic of	Ireland published in Oc	tober 2019.
Trustees ofthe charity
The directors of the charitable	company	are its trustees	for the purposes of charity law. The		trustees	who	have served
during the year and since the	year end were as follows:
J Murphy			Independent	—Chair
S Brake			Independent	—Vice chair
N Smith			Independent	—Vice chair
L Taylor			Independent	—Treasurer
C Stephens			Independent
Cllr FAbbott			Nominated	representative	—Coventry		City Council
B Singh			Independent
M Lloyd			Independent
J Walker-Thompson	(Appointed	27 May 2021)	Independent

				2021		2020
			Unrestricted	Restricted
			funds	funds	Total	Total
		Note		F	E
Income and endowments	from:
Donations and legacies			1,007		1,007	1,428
Charitable activities			462,619	1,816,116	2,278,735	3,008,444
Other trading activities			1,103		1,103	4,938
Investments			226		226	997
Total income and endowments			464,955	1,816,116	2,281,071	3,015,807
Expenditure on:
Charitable activities			483,271	1,891,790	2,375,061	3,023,305
Total expenditure			483,271	1,891,790	2,375,061	3,023,305
Net income/ (expenditure)			(18,316)	(75,674)	(93,990)	(7,498)
Transfers between funds		16	(21,624)	21,624
Net movement in funds			(39,940)	(54,050)	(93,990)	(7,498)
Reconciliation offunds:
Total funds brought forward		16	343,575	240,773	584,348	591,846
Total funds carried forward		16	303,635	186,723	490,358	584,348

				2021	2020
			Note
Fixed assets
Tangible assets
Current assets
Debtors			12	135,737	346,647
Cash at bank and	in	hand		633,854	363,275
				769,591	709,922
Creditors: amounts		falling due within one year	13	(199,233)	(125,574)
Net current assets				570,358	584,348
Total assets less	current liabilities			570,358	584,348
Provisions for liabilities			14	(80,000)
Net assets				490,358	584,348
Charity Funds
Restricted funds			16	186,723	240,773
Unrestricted funds			16	303,635	343,575
Total charity funds				490,358	584,348

								2021	2020
							Note	f	E
Cash flow from operating			activities				18	270,353	(132,002)
Cash flow from investing			activities
Interest received								226	997
Net cash flow from	Investing				activities
								226	997
Net increase / (decrease)			in	cash and cash equivalents				270,579	(131,005)
Cash and cash equivalents				at	1 April			363,275	494,280
Cash and cash equivalents				at	31 March			633,854	363,275
Analysis ofchanges	in	net funds
						At 1 April		Cash	At 31 March
						2020		flows	2021
Net cash						f		E	f
Cash at bank and		in hand				363,275		270,579	633,854
Bank overdrafts
						363,275		270,579	633,854

							2021	2020
								E
Room hire							1,103	4,938
							1,103	4,938
020 comparatives		include	room hire income ofE4,938 in		unrestricted	funds.
ncome from investments
							2021	2020
							F
Interest - deposits							226	997
							226	997
020 comparatives		include	interest off997 in unrestricted		funds.
nalysis of	expenditure		on charitable	activities
				Activities	Support	and	Total	Total
				undertaken	governance		2021	2020
				directly	costs
Charitable	activities —advice			E
and information		services
Staff costs				1,473,799	259,768		1,733,567	1,856,31 'I
Recruitment	and	other costs		43,711		1,599	45,310	2,359
Training				2,726		2,307	5,033	10,008
Travel				5,388		410	5,798	20,317
Client expenses				4,121			4,121	94,722
Volunteer expenses				49			49	11,921
Translation	costs			14,228			14,228	37,990
Publicity				300			300	2,174
Subscriptions and		licences		3,799		11,751	15,550	17,570
Printing, postage		and stationery		10,061		1,568	11,629	24,177
Telephone				28,063		3,597	3'I,660	23,340
Insurance				1,148		7,890	9,038	7,842
Rent, rates	and service charges			14,836		79,501	94,337	104,526
Heat and light				1,008		7,946	8,954	9,401
Premises and equipment			repairs	96,221		17,504	113,725	36,324
and maintenance
Computer costs				32,234		19,918	52,152	44,438
Settlement	costs			142,441			142,441	590,118
Partnership	payments			44,980			44,980	55,475
Professional	fees			8,680		22,548	31,228	30,267
Depreciation								1,165
Other costs				1,040		9,921	10,961	42,860
				1,928,833	446,228		2,375,061	3,023,305

					2021	2020
					E
Auditor's	remuneration				5,120	4,730
Professional			fees		31,228	26,087
Staff costs					53,546	52,723
Other					3,500	3,335
					93,394	86,875
Net income		for the year
Net income		is	stated after charging	/ (crediting):
					2021	2020
					E
Auditor's	remuneration				5,120	4,730
Depreciation						1,165
Operating		lease rentals			80,997	85,935

The average monthly	number of em	ployees during the year, expressed a	s full time equivalents, was	as follows:
			2021	2020
			Number	Number
Charitable activities			54	59
Management and administration			6	6
			60	65
The total staff costs and employees'		benefits was as follows:
			2021	2020
			E'
Wages and salaries			1,536,312	1,651,640
Social security			131,684	131,880
Defined contribution	pension costs		65,572	72,791
Bureau agency costs			5,361	5,661
			1,738,929	1,861,972

11	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
										Leasehold		Computer	Fixtures		and
											premises	equipment		fittings		Total
	Cost or valuation:										F			E		E
	At 1 April 2020 and
	31 March 2021										166,946	120,375		66,673		353,994
	Depreciation:
	At 1 April 2020										166,946	120,375		66,673		353,994
	Charge for the year
	At 31 March 2021										166,946	120,375		66,673		353,994
	Net book value:
	At 31 March 2021
	At 31 March 2020
12	Debtors
															2021		2020
																	f
	Trade debtors														108,745		312,652
	Prepayments and accrued				income										26,992		33,995
															135,737		346,647
13	Creditors: amounts		falling		due	within			one	year
														2021			2020
															F		E
	Trade creditors														23,977		36,394
	Other tax and social		security												30,408		29,333
	Other creditors														18,110		20,875
	Deferred income														65,000		28,553
	Accruals														61,738		10,419
															199,233		125,574
	Deferred income comprises				amounts			received			in advance	where the performance		conditions ofthe		grant	have not
	been met.
														2021			2020
															E		F
	Balance at 1 April														28,553		5,000
	Amounts released	to		incoming		resources								(28,553)			(5,000)
	Amounts deferred	in	year												65,000		28,553
															65,000		28,553
14	Provisions for liabilities
														Dilapidations
															2021
															F
	Balance at 1 April 2020
	Charge to Statement			of Financial			Activities								80,000
	Balance at 31 March			2021											80,000

15	Leases	Leases
	Total future minimum			lease payments		under	non-cancellable		operating	leases are as	follows:
											2021	2020
												E
	Not later than	one year									76,164	86,249
	Later than one and		not		later than five	years					55,800	131,964
											131,964	2'I8,213
16	Funds
						Balance at						Balance at
						01/04/2020		Income		Expenditure	Transfers	31/03/2021
							E
	Unrestricted	funds
	General funds						293,884		459,826	(479,149)	(926)	273,635
	Designated funds:
	Lease reserve						24,000				(24,000)
	Maintenance	reserve					13,093				(13,093)
	IT reserve						8,793				(8,793)
	Hardship fund						3,805		1,007		(4,812)
	Relocation reserve										20,000	20,000
	Restructuring	reserve									10,000	10,000
	Coronavirus JRS Grants								4,122	(4,122)
	Total unrestricted		funds				343,575	464,955		(483,271)	(21,624)	303,635
	Restricted funds
	CitA —Money	Advice		Service				298,111		(291,365)	(6,746)
	Healthwatch Services								24,596	(24,596)
	STEP						86,594			(43,567)		43,027
	CAF Resilience								50,649	(55,879)	5,230
	Orbit —JAM								20,125	(19,778)		347
	CitA - BEIS								16,285	(16,285)
	NHS Coventry	—HIV/TB					6,571		23,430	(29,374)		627
	Macmillan							270,038		(277,761)	7,723
	Resilience						9,841			(9,997)	156
	CitA —Help to	Claim					3,437	114,438		(111,407)		6,468
	Quality of Life	Hardship			Fund		5,871			(3,330)		2,541
	Sue Darling Hardship			Fund							4,812	4,812
	BSS								24,727	(24,208)	(155)	364
	Cardinal Ltd —Major		Trauma				12,058		16,355	(23,430)		4,983
	Help in Crisis						20,156		94,927	(88,093)		26,990
	St Martin in the Fields			—Frontline			4,065		20,252	(21,153)		3,164
	CitA —Pension	Wise					14,003	131,319		(124,353)		20,969
	Big Lottery —BBO Breakthrough								60,522	(71,127)	10,605
	Integration 1						3,141	622,136		(625,542)	265
	Integration 2						75,036		10,678	(13,017)	(266)	72,431
	Coronavirus JRS grants								17,528	(17,528)
	Total restricted funds						240,773	1,816,116		(1,891,790)	21,624	186,723
	Total funds						584,348	2,281,071		(2,375,061)		490,358

				2021	2020
Net movement for the	year			(93,990)	(7,498)
Interest receivable				(226)	(997)
Depreciation and impairment		oftangible	fixed assets		1,165
(Increase)l decrease	in debtors			210,910	(144,338)
Increase in creditors				153,659	19,666
Net cash flow from operating		activities		270,353	(132,002)