##
##
##
|Contents||||
|---|---|---|---|
||||Page|
|Charity Reference and|Administrative|Details||
|Trustees'
Annual
Report||||
|Independent
Auditor's|Report||10|
|Statement
of Financial|Activities||12|
|Salance Sheet|||13|
|Statement
of Cash Flows|||14|
|Notes to the Financial|Statements||15|
##
##
##
##
##
##
##
|Reporting
Standard
applicable|Reporting
Standard
applicable|in the UK|an|d Republic of|Ireland
published
in Oc|tob|er 2019.||||
|---|---|---|---|---|---|---|---|---|---|---|
|Trustees of the 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||||
||SBrake||||Independent|—Vice chair|||||
||N Smith (Resigned|26 November||2021)|independent|—Vice chair|||||
||J Walker-Thompson|(Appointed||27 May 2021)|Independent|—Treasurer|||||
||C Stephens||||Independent||||||
||Cllr F Abbott||||Nominated|representative||—Coventry||City Council|
||BSingh||||Independent||||||
||M Lloyd||||Independent||||||
||L Taylor||||Independent||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total|Total|
||||Note||f|||
|Income and endowments||from:||||||
|Donations
and legacies||||1,305||1,305|1,007|
|Charitable
activities||||477,653|2,033,059|2,510,712|2,278,735|
|Other trading
activities||||3,200||3,200|1,103|
|Investments||||63||63|226|
|Total income and|endowments|||482,221|2,033,059|2,515,280|2,281,071|
|Expenditure
on:||||||||
|Charitable
activities||||457,833|1,972,712|2,430,545|2,375,061|
|Total expenditure||||457,833|1,972,712|2,430,545|2,375,061|
|Net income/ {expenditure)||||24,388|60,347|84,735|(93,990)|
|Transfers
between|funds|||(17,319)|17,319|||
|Net movement
in funds||||7,069|77,666|84,735|(93,990)|
|Reconciliation
of funds:||||||||
|Total funds brought|forward||16|303,635|186,723|490,358|584,348|
|Total funds carried|forward||16|310,704|264,389|575,093|490,358|
##
##
##
##
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Note|||
|Cash flow from operating||activities||||18|(83,995)|270,353|
|Cash flow from investing||activities|||||||
|Interest received|||||||63|226|
|Net cash flow from|investing|||activities|||||
||||||||63|226|
|Net increase
/ (decrease)||In|cash and cash equivalents||||(83,932)|270,579|
|Cash and cash equivalents|||at|1 April|||633,854|363,275|
|Cash and cash equivalents|||at|31 March|||549,922|633,854|
|Analysis ofchanges|in net funds||||||||
||||||At 1 April||Cash|At 31 March|
||||||2021||flows|2022|
|Net cash|||||||||
|Cash at bank and in hand|||||633,854||(83,932)|549,922|
|Bank overdraffs|||||||||
||||||633,854||(83,932)|549,922|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|ncome|from othe|r trading
activities||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||P|
|Room|hire|||3,200|1,103|
|||||3,200|1,103|
|021 comparatives||include room hire income ofR1,103 in unrestricted|funds.|||
|ncome|from investments|||||
|||||2022|2021|
|Interest|-deposits|||63|226|
|||||63|226|
|||||Actnnttes|Support|and|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||undertaken|governance||2022|2021|
|||||directly|costs||||
|Charitable|activities —advice||||||||
|and Information||services|||||||
|Staff costs||||1,374,760|232,960||1,607,720|1,733,567|
|Recruitment|and|other costs||21,440||4,144|25,584|45,310|
|Training||||3,505||3,382|6,887|5,033|
|Travel||||5,945||50|5,995|5,798|
|Client expenses||||72,798|||72,798|4,121|
|Volunteer expenses||||399|||399|49|
|Translation|costs|||28,430|||28,430|14,228|
|Publicity||||138|||138|300|
|Subscriptions
and||licences||5,560||13,406|18,966|15,550|
|Printing,
postage||and stationery||11,869||3,405|15,274|11,629|
|Telephone||||22,808||1,756|24,564|31,660|
|Insurance||||||9,194|9,194|9,038|
|Rent, rates|and service||charges|||79,802|79,802|94,337|
|Heat and light||||||9,535|9,535|8,954|
|Premises
and equipment|||repairs|20,000||21,706|41,706|113,725|
|and maintenance|||||||||
|Computer
costs||||9,592||17,443|27,035|52,152|
|Settlement|costs|||429,618|||429,618|142,441|
|Partnership|payments|||||||44,980|
|Professional|fees|||2,765||11,078|13,843|31,228|
|Other costs||||861||12,196|13,057|10,961|
|||||2,010,488|420,057||2430545|2375061|
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||E||
|Auditor's|remuneration|||6,951|5,120|
|Professional
fees||||13,843|31,228|
|Staff costs||||51,474|53,546|
|Other||||4,318|3,500|
|||||76,586|93,394|
|Net income||for the year||||
|Net income||is stated after charging|/ (crediting):|||
|||||2022|2021|
|Auditor's|remuneration|||6,951|5,120|
|Operating||lease rentals||73,780|80,997|
##
##
|The average
monthly
|number
of emp|loyees
during
the year, expressed a|s full-time
equivalents,
was|as follows:|
|---|---|---|---|---|
||||2022|2021|
||||Number|Number|
|Charitable
activities|||51|54|
|Management
and administration|||5|6|
||||56|60|
|The total staff costs and employees*||benefits was as follows:|||
||||2022|2021|
|Wages and salaries|||1,419,860|1,536,312|
|Social security|||121,108|131,684|
|Defined contribution|pension costs||66,752|65,572|
|Bureau agency costs|||4,878|5,361|
||||1,612,598|1,738,929|
##
##
##
|11|Tangible fixed as|se|ts|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Leasehold|Computer|Fixtures and||||
|||||||||premises|equipment||fittings|Total||
||Cost or valuation:||||||||E|||||
||At 1 April 2021 and|||||||||||||
||31 March 2022|||||||166,946|120,375||66,673|353,994||
||Depreciation:|||||||||||||
||At 1 April 2021|||||||166,946|120,375||66,673|353,994||
||Charge for the year|||||||||||||
||At 31 March 2022|||||||166,946|120,375||66,673|353,994||
||Net book value:|||||||||||||
||At 31 March 2022|||||||||||||
||At 31 March 2021|||||||||||||
|12|Debtors|||||||||||||
||||||||||||2022||2021|
||Trade debtors||||||||||245,704||108,745|
||Prepayments
and|accrued||income|||||||29,522||26,992|
||||||||||||275,226||135,737|
|13|Creditors: amounts||falling|due||within one||year||||||
||||||||||||2022||2021|
||Trade creditors||||||||||44,173||23,977|
||Other tax and social||security||||||||31,252||30,408|
||Other creditors||||||||||21,638||18,110|
||Deferred income||||||||||25,000||65,000|
||Accruals||||||||||27,992||61,738|
||||||||||||150,055||199,233|
||Deferred income comprises
been met.|||amounts|||received|in advance|where the performance||conditions
ofthe|grant|have not|
||||||||||||2022||2021|
||Balance at 1 April||||||||||65,000||28,553|
||Amounts
released|to|incoming||resources||||||(40,000)||(28,553)|
||Amounts
deferred|in|year||||||||||65,000|
||||||||||||25,000||65,000|
|14|Provisions
for liabilities|||||||||||||
||||||||||||Dilapidatlons|||
||||||||||||2022|||
||Balance at 1 April 2021||||||||||80,000|||
||Charge to Statement||of Financial|||Activities|||||20,000|||
||Balance at 31 March||2022||||||||100,000|||
##
##
##
|15|Leases|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||Total future
minimum||lease payments||under|non-cancellable||operating|leases are as|follows;||
|||||||||||2022|2021|
||Not later than one year|||||||||57,380|76,164|
||Later than one and|not later than five|||years|||||2,765|55,800|
|||||||||||60,145|131,964|
|16|Funds|||||||||||
||||||Balance at||||||Balance at|
||||||01/04/2021||Income||Expenditure
f|Transfers|31/03/2022|
||Unrestricted
funds|||||||||||
||General funds|||||273,635||482,221|(457,833)|{17,319)|280,704|
||Designated
funds:|||||||||||
||Relocation reserve|||||20,000|||||20,000|
||Restructuring
reserve|||||10,000|||||10,000|
||Total unrestricted|funds||||303,635||482,221|(457,833)|(17,319)|310,704|
||Restricted funds|||||||||||
||CitA —Money Advice||Service|||||305,245|(301,381)|(3,864)||
||Nationwide
- Reach|||||||25,000|{16,024)||8,976|
||STEP|||||43,027||13,556|(7,001)||49,582|
||Orbit —JAM|||||347||15,394|(15,741)|||
||NHS Coventry —HIV/TB|||||627||30,000|(29,837)||790|
||Macmillan|||||||284,302|(294,680)|10,378||
||CitA —Help to Claim|||||6,468||102,855|(109,323)|||
||CitA —Pension
Wise|||||20,969||125,414|(143,042)||3,341|
||Quality of Life Hardship|||Fund||2,541|||(3,601)|1,060||
||Sue Darling
Hardship|||Fund||4,812||||(754)|4,058|
||BSS|||||364|||||364|
||Cardinal
Ltd —Major||Trauma|||4,983||36,985|(35,955)||6,013|
||Help
in Crisis|||||26,990||23,791|(13,857)||36,924|
||St Martin
in the Fields|||—Frontline||3,164||20,402|(19,947)||3,6I9|
||CBSDebts|||||||100,000|(18,765)||81,235|
||Big Lottery —BBOBreakthrough|||||||53,797|(64,296)|10,499||
||Integration
1|||||||626,605|(625,890)|(715)||
||Integration
2|||||72,431||266,855|(270,514)|715|69,487|
||Coronavirus
JRSgrants|||||||2,858|(2,858)|||
||Total restricted
funds|||||186,723|2,033,059||(1,972,712)|17,319|264,389|
||Total funds|||||490,358|2,515,280||(2,430,545)||575,093|
##
##
##
##
##
##
##
##
##
|econciliation
of net|income|to|net cash flow from operating
activ|ities||
|---|---|---|---|---|---|
|||||2022|2021|
|Net movement
for the|year|||84,735|(93,990)|
|Interest receivable||||(63)|(226)|
|(increase)/ decrease|in debtors|||(139,489)|210,910|
|(Decrease)/ increase|in creditors||and provisions|(29, 178)|153,659|
|Net cash flow from operating||activities||(83,995)|270,353|
##
##