**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.
1. 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.
2. 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.
Page 5
**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
Page 11
**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...
Page 13
**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...
Page 14
**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...
Page 15
**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...
Page 16
**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...
Page 17
**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.
Page 18