REGISTERED CHARITY NUMBER: 1001566
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2024
for
St Paul's Centre
Banks Sheridan Datum House Electra Way Crewe Cheshire CW1 6ZF
St Paul's Centre
Contents of the Financial Statements for the year ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | ||
| Statement of Cash Flows | 10 | ||
| Notes to the Statement of Cash Flows | 11 | ||
| Notes to the Financial Statements | 13 | to | 18 |
St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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
The objects of the Trust are the advancement of the Christian faith, the relief of persons who are in condition of need, hardship or distress or who are aged or sick and the advancement of education. The Trust has wide powers relating to the use of the property and funds passing through its hands. The Trustees consider that they have complied with the duty in section 17 of the Charities Act 2011 with regard to the guidance given on public benefit published by the Charities Commission.
Page 1
St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE Background
The Charity had another year of successful activities across all services. It came out of the period with a deficit of £22,593 set against a predicted deficit of £17,503.
The year saw some significant changes in Senior Management which included the departure of the Charity's Finance Coordinator, who had faithfully served St Paul's Centre for many years. The Trustees welcomed a new member to serve on the Board, making a total of 4 Trustees covering a range of skills needed to exercise effective governance.
The period saw the recently appointed Deputy CEO (Jez Chalmers) becoming more embedded into the life of the charity, which continued to enable more efficient management of the increasing load of a growing Charity, as well as seeing him deputies for the CEO and allowing the CEO to reduce his hours. The Trustees also decided that the role of Finance Manager needed to be re-evaluated to match the increasing level and complexity of the financial management in the Charity. Accordingly, Janet Warrington was appointed in August with the added responsibility of managing HR and Administration. After settling into her new role, Janet continued to make real progress in developing Cost Centres and enabling the Senior Team to better understand the costs involved with the charitable projects we were running and see where finance/productivity needs to be increased or controlled accordingly.
The Charity also continued to process a change from being a Charitable Trust to being a Community Interest Organisation, with support from appointed solicitors in the field.
2023/24 has possibly been the busiest year in leading the Charity. The services have been successful, but there have been many changes to manage. As the year closed, we were made aware of possible cuts in local funding which threatened 25% of our annual income on the Furniture Scheme, which would, if left unaddressed have very significant impacts on people in need and the ability of the Charity to continue to deliver its core activity to the community. Until the announcement was made on 1st April 2024 it was almost impossible to make any firm plans. By March, Trustees approved a budget for 24/25 that showed a large deficit but agreed that work would be done by the team to address these concerns. As such the senior team set about devising other ways to secure income streams as well as hold out hope that some funding would become available from the local authority for these pressing household needs and keep a very careful eye on progress with a budget review in September 2024.
Throughout the period the Charity has met its objectives and in comparison, with 2022-2023 saw an increase in turnover of £28,407.
Services in Brief
Furniture Project
The furniture project continued to have a significant impact in the local community with 316 household referrals via the Emergency Assistance program and 163 household referrals that utilised our 30% discounted option. This meant that during this financial year the charity was able to support 676 people with essential furniture and household items. This is an overall reduction on total number of people supported as the previous financial year saw 1,020 individuals supported.
The charity decided to purchase a new van from financial reserves to ensure the service continued with trustworthy vehicles on the road.
St Paul's Foodbank
As the cost-of-living crisis continued, so too did the need for emergency food provision. The financial year 2023-2024 saw an increase of the number of households referred to the charity's foodbank with 1,462 referrals compared with 1,433 of the previous financial year.
Encouragingly whilst the need for emergency food provision increased during this year, so too in general terms did financial support of the foodbank. In the previous financial year, the charity saw an income of £24,000 that came in from local businesses (such as Enterprise), faith groups and individuals, whereas this financial year saw donations totalling just under £31,000.
Page 2
St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
Futures
This significant work continues to make profound changes in the lives of the Young Adults who access it. They continue to be integrated into the work of the whole charity creating a sense of meaningful activity where they feel the value of making their contribution to others as well as having a broad programme of bespoke activities. The income from this service has remained steady during this financial year.
SALS Shoes
This very small but incredibly impacting project saw 481 children receiving shoes free of charge, removing the need for them to rely solely on "hand-downs" from friends and family members, thus restoring a sense of dignity to the parents. This total number was up on the previous financial year where 351 children were supported.
Extra Miles Hospital Discharge
This service has been active for a few years and continued in the period to meet the essential needs of isolated patients as they transitioned back home after being in hospital for a period of time.
Patients with little support can find this transition very challenging with the result being an increase in readmission numbers.
During this financial year Extra Miles saw a total of approximately 340 referrals come through which was an increase from approximately 132 referrals of the previous year.
Café on the Corner
Despite all the positives that the café brings to the premises and to the charity as a whole, it became very clear that, much like other catering businesses, the café was struggling.
The trustees decided that keeping the café open 5 days a week was unsustainable so decided to reduce its opening hours to just Thursdays and Fridays. It seemed that this was the best next step to keep things more financial stable without completely losing the benefit of the café at the centre.
Resurrection Cycles
This service represents an activity that has been present since the inception of the Charity in the mid-eighties. It has two main functions.
-
Provide a programme for people with low mental health problems, isolation, or addiction issues. As they work on cycles soft skills are developed, s sense of community and belonging fostered.
-
Work on Cycles making them ready to donate or sell mainly at low cost to the community.
Other Services
Sunday lunches for the isolated
The Charity has continued to provide (free of charge) more than 80 meals per week to families in the area who pick up their children from the local primary school. This service is low cost and high impact. Families are provided with chilled meals a piece of fruit and a sweet, with the plan being to offset some of the food and energy pressures families face and allow the charity to make a small but important difference to people living near the centre in an area of multiple deprivation. The service is funded by the Town Council Grant fund.
Every month the charity hosts a Sunday Lunch Club for local elderly residents facing social isolation. Each guest is provided a full Sunday Dinner free of charge but are welcome to make a small contribution if they wish. This service provides a real sense of 'treat' for beneficiaries reducing loneliness and increasing mental wellbeing.
Page 3
St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
Other Areas of work and impact
Volunteering
The charity continues to be supported by an incredible team of volunteers who are involved in almost all aspects of work at the centre. These team is coordinated in partnership between the various team leads at the centre and the centre's volunteer coordinator who sits under the line management of the service manager.
Policy
The deputy CEO has been working through the charity's policy review procedure to ensure all policies and subsequent procedures are kept up to date, relevant and effective.
Rhino Health and Safety have completed an assessment of the charity and provided an excellent result albeit with some minor amendments in procedure being recommended.
Trading
The Charity has three main trading activities that provide an income and thus support the work of the charity, reducing dependency on contracts and grants which aren't always very predictable.
The Friday Sale and the eBay platform work by using surplus furniture and goods that have been donated by the public but deemed as not needed for the charity's furniture provision to vulnerable households.
St Paul's Centre has now signed up to Charity Suite which is a new POS system enabling a more sensible method of stock taking, logistics, selling and importantly enables the charity to capitalise on gift aid that comes from the sale of stock.
Conclusion and looking forward
As the financial year closed, work began on the development of a delayed 3-5 year strategic plan as it was becoming very clear that St Paul's Centre was effectively at capacity as a working Centre and new approaches to growth and sustainability would be needed in the years ahead.
Page 4
St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
FINANCIAL REVIEW Financial position Donations
The charity received £78,306 of donations during the period most allocated for the Foodbank. This was a decrease of £15,236 compared to 2023.
Grants
Grants to the value of £124,808 were secured from the Local Authority (School Meals, Sunday Lunches)
Service Contracts
Emergency assistance - £94,589 Futures - £68,342
Income Generation
The Charity continued to Trade in the following areas:
Friday Sales
This is a weekly three-hour sales window each Friday where approximately 200 members of the public can view and buy affordable furniture. In addition, there are occasional purchases throughout the week. This activity has grown to £83,530 compared to £77,962 in the previous years.
eBay Platform
St Paul's eBay platform continues to bring in a steady income for the charity. This online platform was first set up during lockdown and has continued to become an opportunity for the charity to sell higher value items that are donated by the public, items that might struggle to bring in their due worth during the Friday Sale.
During the financial year for 2023-2024 the centre's eBay shop brought in a revenue of £40,346.
Bulky Waste
St Paul's continues to make a healthy surplus from this Contract with Cheshire East which involves the collection and disposal of redundant larger furniture and white goods from across Cheshire East. Turnover for the financial year of 2023-2024 was £91,986 which compares to a turnover of £87,987 for the previous year.
Investment policy
The Trust Deed authorises the Trustees to make and hold investments with regard to the furtherance of the charity's objectives, at their discretion.
Reserves policy
In addition to the funds already committed or invested in tangible fixed assets, the trustees have established a policy whereby an amount of £40,000 of unrestricted funds is held in a savings account to be used as an operational contingency. The decision to use this fund can only be taken at a board meeting.
The level of reserves as at 31 March 2024 is £560,869.
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St Paul's Centre
Report of the Trustees for the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1001566
Principal address
St Pauls Centre Hightown Crewe Cheshire CW1 3BY
Trustees
Ms C Lewin Mrs A Thornton-Dean Mrs A D Walsh D McCabe
Independent Examiner
Stuart Banks BSc FCA Banks Sheridan Datum House Electra Way Crewe Cheshire CW1 6ZF
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Ms C Lewin - Trustee
Page 6
Independent Eximiner's Report to the Trustees of St Paul's Centre Independent examiner's report to the trustees of St Paul's Centre I report to the charity trustees on my examination of the accounts of St Paul's Centre (the Trust) for the year ended 31 March 2024. Responsibilities and bAsis of report As the charlty trustees of the Trust you are responsible for the pr¢paration of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried oiit under stion 145 of ihe Act and in carrying out my examination I hav¢ followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement Since your Charity's gross income exceeded £250.000 your examiner must be a n)ember of R listed body. I can confinn that l am qualified to undertake the examination be¢ause I am a member of the Institute of Chartered Accountants in England and Wales, which is on¢ of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the A¢t' or the accounts do not accord wlth those re¢ords' or the accounts do not comply with the applicable requirements concerning the form and Content of accounts set out in th¢ Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a trne and fair view which is not a matt¢r considered as part of an independent examination. I have no concems 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 aGcounts to be reached. StuartBank5 Bsc FCA Banks Sheridan Datum House Electra Way Crewe Cheshire CWI 6ZF Page 7
St Paul's Centre
Statement of Financial Activities for the year ended 31 March 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 140,356 Other trading activities 3 478,124 Investment income 4 2,516 Total 620,996 EXPENDITURE ON Raising funds Other trading activities 5 144,535 144,535 Charitable activities 6 Governance 517 Direct charitable expenditure 544,054 Other 3,251 Total 692,357 NET INCOME/(EXPENDITURE) (71,361) Transfers between funds 13 56,386 Net movement in funds (14,975) RECONCILIATION OF FUNDS Total funds brought forward 499,066 TOTAL FUNDS CARRIED FORWARD 484,091 |
Restricted fund £ 156,210 124 317 156,651 225 225 - 107,263 395 107,883 48,768 (56,386) (7,618) 84,396 76,778 |
2024 Total funds £ 296,566 478,248 2,833 777,647 144,760 144,760 517 651,317 3,646 800,240 (22,593) - (22,593) 583,462 560,869 |
2023 Total funds £ 286,442 462,287 510 |
|---|---|---|---|
| 749,239 | |||
| 120,546 | |||
| 120,546 3,855 574,724 3,433 |
|||
| 702,558 | |||
| 46,681 - |
|||
| 46,681 536,781 |
|||
| 583,462 |
The notes form part of these financial statements
Page 8
St Paul's Centre
Statement of Financial Position 31 March 2024
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 10 390,600 CURRENT ASSETS Debtors 11 19,992 Cash at bank and in hand 93,257 113,249 CREDITORS Amounts falling due within one year 12 (19,758) NET CURRENT ASSETS 93,491 TOTAL ASSETS LESS CURRENT LIABILITIES 484,091 NET ASSETS 484,091 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - 85,289 85,289 (8,511) 76,778 76,778 76,778 |
2024 Total funds £ 390,600 19,992 178,546 198,538 (28,269) 170,269 560,869 560,869 484,091 76,778 560,869 |
2023 Total funds £ 364,097 16,855 245,440 262,295 (42,930) 219,365 583,462 583,462 499,066 84,396 583,462 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
A Thornton-Dean - Trustee
The notes form part of these financial statements
Page 9
St Paul's Centre
Statement of Cash Flows for the year ended 31 March 2024
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Interest received Net cash used in investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2024 £ (27,952) (27,952) (43,774) 2,000 2,833 (38,941) (66,893) 245,440 178,546 |
2023 £ 41,376 41,376 (5,634) 2,700 510 (2,424) 38,952 206,488 245,440 |
|---|---|---|
The notes form part of these financial statements
Page 10
St Paul's Centre
Notes to the Statement of Cash Flows for the year ended 31 March 2024
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| OPERATING ACTIVITIES | ||
|---|---|---|
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Loss on disposal of fixed assets Interest received (Increase)/decrease in debtors Decrease in creditors Net cash (used in)/provided by operations |
2024 £ (22,593) 14,582 688 (2,833) (3,137) (14,659) (27,952) |
2023 £ 46,681 7,531 660 (510) 14,309 (27,295) |
| 41,376 |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.23 | Cash flow | At 31.3.24 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 245,440 | (66,894) | 178,546 |
| 245,440 | (66,894) | 178,546 | |
| Total | 245,440 | (66,894) | 178,546 |
The notes form part of these financial statements
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St Paul's Centre
Error Messages from the Statement of Cash Flows for the year ended 31 March 2024
** CURRENT YEAR - MOVEMENT IN CASH AND CASH EQUIVALENTS AS CALCULATED IN STATEMENT OF CASH FLOWS DOES NOT AGREE TO MOVEMENT PER STATEMENT OF FINANCIAL POSITION
COMPARE MOVEMENT ON STATEMENT OF CASH FLOWS (66,893) TO MOVEMENT PER STATEMENT OF FINANCIAL POSITION CASH AND CASH EQUIVALENTS (66,894)
St Paul's Centre
Notes to the Financial Statements for the year ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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. In particular the charity's operational costs (wages, premises etc) have been apportioned between expenditure on raising funds and expenditure on charitable activities.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost of an asset, less its estimated residual value, over the useful estimated economic life of that asset:
| Fixtures, Fittings & Equipment | - 20% reducing balance |
|---|---|
| Motor Vehicles | - 20% reducing balance |
| Property Renovation | - 5% reducing balance |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Value added tax
The charity is registered for VAT. Income and expenditure is shown net of VAT where applicable. Irrecoverable VAT is charged against the category of resource expended for which it was incurred.
continued...
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St Paul's Centre
Notes to the Financial Statements - continued for the year ended 31 March 2024
2. DONATIONS AND LEGACIES
| Donated goods given away Donations Local Authority Grants Sal's Shoes 3. OTHER TRADING ACTIVITIES Shop Sales Cycle Sales Scrap Sales and Used Recycling Credits Referrals Bulky Waste Collection Service Rent Received Ebay sales Café Sales Supported Placements 4. INVESTMENT INCOME Deposit account interest 5. OTHER TRADING ACTIVITIES Fund Raising and Publicity Cost of selling donated goods |
2024 £ 93,449 78,306 124,808 3 296,566 2024 £ 83,530 5,724 7,379 125,475 91,986 - 40,346 42,347 81,461 478,248 2024 £ 2,833 2024 £ 2,300 142,460 144,760 |
2023 £ 110,064 93,542 82,796 40 |
|---|---|---|
| 286,442 | ||
| 2023 £ 77,962 4,193 6,692 149,169 87,987 910 37,064 30,874 67,436 |
||
| 462,287 | ||
| 2023 £ 510 2023 £ 1,655 118,891 |
||
| 120,546 |
continued...
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St Paul's Centre
Notes to the Financial Statements - continued for the year ended 31 March 2024
6. CHARITABLE ACTIVITIES COSTS
| Governance Direct charitable expenditure |
Direct Costs £ 517 651,317 |
|---|---|
| 651,834 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
8. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| Wages and salaries Social security costs Other pension costs |
2024 £ 425,717 21,837 15,720 463,274 |
2023 £ 325,856 12,540 10,604 |
| 349,000 |
The average monthly number of employees during the year was as follows:
| Drivers Office Administration Director Project workers |
2024 6 11 2 20 39 |
2023 7 11 1 11 |
|---|---|---|
| 30 |
No employees received emoluments in excess of £60,000.
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 155,302 Other trading activities 453,094 Investment income 510 Total 608,906 EXPENDITURE ON Raising funds Other trading activities 120,546 |
Restricted fund £ 131,140 9,193 - 140,333 - |
Total funds £ 286,442 462,287 510 |
|---|---|---|
| 749,239 | ||
| 120,546 |
continued...
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St Paul's Centre
Notes to the Financial Statements - continued for the year ended 31 March 2024
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Charitable activities Governance Direct charitable expenditure Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 10. TANGIBLE FIXED ASSETS Improvements Freehold to land property £ £ COST At 1 April 2023 300,000 73,123 Additions - - Disposals - - At 31 March 2024 300,000 73,123 DEPRECIATION At 1 April 2023 - 30,094 Charge for year - 2,152 Eliminated on disposal - - At 31 March 2024 - 32,246 NET BOOK VALUE At 31 March 2024 300,000 40,877 At 31 March 2023 300,000 43,029 |
Unrestricted funds £ 120,546 3,855 485,475 2,955 612,831 (3,925) 502,991 499,066 Fixtures and fittings £ 37,457 7,535 - 44,992 31,251 2,748 - 33,999 10,993 6,206 |
Restricted fund £ - - 89,249 478 89,727 50,606 33,790 84,396 Motor vehicles £ 48,545 36,239 (5,250) 79,534 33,683 9,683 (2,562) 40,804 38,730 14,862 |
Total funds £ 120,546 3,855 574,724 3,433 702,558 46,681 536,781 583,462 Totals £ 459,125 43,774 (5,250) 497,649 95,028 14,583 (2,562) 107,049 390,600 364,097 |
Total funds £ 120,546 3,855 574,724 3,433 |
|---|---|---|---|---|
| 702,558 | ||||
| 46,681 536,781 |
||||
| 583,462 |
continued...
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St Paul's Centre
Notes to the Financial Statements - continued for the year ended 31 March 2024
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||
|---|---|---|
| Trade debtors VAT Prepayments 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes VAT Other creditors Accruals and deferred income |
2024 £ 15,218 - 4,774 19,992 2024 £ 1,924 5,966 5,668 4,401 10,310 28,269 |
2023 £ 12,406 813 3,636 |
| 16,855 | ||
| 2023 £ 185 4,628 - 1,841 36,276 |
||
| 42,930 |
continued...
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St Paul's Centre
Notes to the Financial Statements - continued for the year ended 31 March 2024
13. MOVEMENT IN FUNDS
RESTRICTED INCOME FUNDS
| Balance at | Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 April | 31 March | ||||||||
| 2023 | Income | Expenditure | 2024 | ||||||
| £ | £ | £ | £ | ||||||
| Food Bank | 51,505 | 48,941 | 65,994 | 34,452 | |||||
| SAL's Shoes | 110 | - | 110 | - | |||||
| Cycles Project | - | 553 | - | ||||||
| Hospital Discharge Service | 23,228 | 107,710 | 41,225. | 89,713 | |||||
| Café | - | - | - | - | |||||
| Community Services Development | 9,000 | - | - | 9,000 | |||||
| 84,396 | 156,651 | 107,882 | 133,165 | ||||||
| UNRESTRICTED INCOME FUNDS | |||||||||
| Balance | |||||||||
| at 1 | |||||||||
| April | |||||||||
| 2023 | Income | Expenditure | Transfer | Revaluation | |||||
| £ | £ | £ | £ | £ | |||||
| Van Fund | 15,738 | 688 | 11,928 | - | - | ||||
| Cycle Project | 6,000 | 8,947 | 29,097 | 553 | - | ||||
| Operational | 50,000 | - | 10,000 | - | - | ||||
| Development | 6,000 | 6,000 | 1,602 | - | - | ||||
| Salary Offset | 20,000 | - | - | - | - | ||||
| Support Services |
6,430 | - | 6,430 | - | - | ||||
| SAL SHOES | - | 3,629 | 23,098 | 110 | - | ||||
| Café | - | 45,973 | 75,721 | - | - | ||||
| Maintenance | 11,128 | 14,729 | 8,857 | ||||||
| General | 19,673 | - | 19,673 | ||||||
| Fixed Assets | 364,097 | 38,524 | 12,020 | - | - | ||||
| 499,066 | 118,470 | 197,976 | 663 | - | |||||
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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