OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

NIGHTSAFE LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED MARCH 31 2021

Company number 2531951 Charity number 1002057

NIGHTSAFE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

INDEX
Chair’s Foreword 1
Administrative information 2
Trustees’ and Directors’ annual report 3 – 10
Independent examiners’ report 11
Statement of financial activities 12
Balance sheet 13
Statement of cash flows 14
Notes to the financial statements 15 – 26

NIGHTSAFE LIMITED CHAIR’S FOREWORD FOR THE YEAR ENDED MARCH 31 2021

Dear friends and supporters of Nightsafe,

This is not message to you all I had envisaged sending as we entered the 2020/21 year. We were celebrating the major successes of 2019/20 and looking forward to a full programme of exciting events to commemorate our 30[th] year of operation when with all of you we were plunged into the seemingly never-ending vortex of the Covid-19 pandemic. This world event has been the backdrop to our year here at Nightsafe and has touched the lives of everyone, young people, staff, trustees and supporters.

The pandemic presented a whole range of challenges we had never faced, but the staff responded magnificently to secure safe spaces for young people in our facilities, maintain their health and continue their education and training. We have worked closely alongside local statutory agencies, receiving excellent advice and support from local councils and public health services which enabled us to keep staff and service users safe. Whilst this required us to make some changes to services and temporarily close some facilities, we managed to continue to provide essential services, developing innovative ways of reaching our most vulnerable young people.

On behalf of the trustees I want to formally thank and acknowledge the efforts of all the staff and volunteers who maintained their positivity, demonstrated exceptional commitment to delivering services and keeping our young people safe. In particular they adapted to providing services in a totally new environment and proved flexible and willing to embrace new working practices and methods to meet the challenges of the constraints of the developing and changing guidelines and legalities.

The effect on our fundraising programme built around celebrating our 30[th] anniversary, was potentially catastrophic, but again, the staff rose to the challenge. We were able to secure funding to maintain services, accessing both traditional and new funding streams alongside fantastic efforts from across the community which included sponsored walks, diets, sleep ins and silences!

This was a difficult year but I am pleased to say that the 30 years of expertise within the organisation and the excellent staff and volunteer team meant that Nightsafe proved its resilience. As an organisation we did not waver in our determination to continue the provision of high quality support to the most vulnerable young people who needed it more than ever.

I would like to thank all supporters and funders for their continued support and flexibility. Gratitude also to my fellow trustees who despite having to manage their personal responses to the pandemic in running businesses, doing the day jobs and above all keeping themselves and their families safe, battled through electronic meetings, isolation, dodgy wi-fi and phone signals to maintain strong governance and support to the organisation.

This year has delivered a high degree of pain and personal tragedy for many people and all at Nightsafe send condolences to anyone associated with us who have been affected in this way. I thank everyone for their continued support and can assure you all that whatever the circumstances we will continue the work of the organisation with the commitment and dedication shown since its inception 30 years ago.

Best wishes

Julie Thomas - Chair of Trustees

1

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

DIRECTORS & TRUSTEES Julie Thomas Chair
Elizabeth Taylor Treasurer until 17/11/20
Gillian Davies (appointed 17/11/20) Treasurer from 17/11/20
Vivian Davenport
Sylvia Edwards
Wendy Hobson
Mubashar Ahmed Khaliq
Lucy Ross
Amy Stokes
John Sturgess
Edward Walmsley
COMPANY SECRETARY Diane Page
SENIOR STAFF
Chief Executive Jan Larkin
Office & Finance Manager Diane Page
Operations Manager Faith Marriott
REGISTERED OFFICE AND The Boulevard Centre
PRINCIPAL PLACE OF BUSINESS 45 Railway Road
Blackburn BB1 1EZ
ACCOUNTANTS & Chittenden Horley Ltd
INDEPENDENT EXAMINERS Chartered Accountants
456 Chester Road
Old Trafford
Manchester M16 9HD
BANKERS Barclays Bank Plc
8 – 14 Darwen Street
Blackburn BB2 2BZ

2

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

The trustees present their annual report together with the financial statements of the charity for the year ended March 31 2021 which are also prepared to meet the requirements for a directors’ report and accounts for Companies act purposes.

REPORTING FRAMEWORK

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102) (effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition – October 2019).

OBJECTIVES AND ACTIVITIES

Chartable objects

The charity’s objectives are:

Activities

In order to achieve these objectives the Charity provides:

The shelter can accommodate 5 young people each night and provides bed, breakfast; evening meal plus washing facilities and support from 2 staff that help create a warm welcoming atmosphere. All young people receive resettlement advice to help find more permanent accommodation.

This is a supported housing project situated in Darwen with 6 residential places for young people aged 16 to 24 with high support needs. Each young person has their own individual support plan tailored to their own need.

Safe@St Silas

A supported living project for up to 6 young people. Each young person has their own en-suite room with a shared kitchen, communal lounge and a training / activity room. Staff provide support with life skills, including budgeting, cooking, health, education, training & employment and help with filling in forms. Regular training sessions are run by partner agencies such as Brook sexual health service.

Dispersed Housing This project supports 16 young people in their own accommodation, giving them the skills and support they need to maintain their tenancy.

The project aim is to increase life skills and education work with homeless young people aged 16 - 18 throughout Nightsafe's 4 projects. There has been a change to this project as a result of the Covid Pandemic and this Project has extended it’s age range to 16 -25 Birthday.

3

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

Our mentor service continues to work in partnership with the Volunteer Centre. This initiative links young people who are rough sleeping, vulnerably housed or sofa surfing with a volunteer mentor who will work with them to access settled accommodation. Giving disengaged young people the support and encouragement needed to engage with services to address the barriers to a settled life, making a difference by giving young people someone to support and befriend them at crisis point, guiding them through the process of finding accommodation helping to break the cycle of homelessness.

Aims

Contribution of volunteers

Volunteers are the back bone of Nightsafe’s service, our emergency night shelter is partly staffed by our team of full time volunteers who come from different parts of Britain and across the world to give their time to Nightsafe, and in the last 12 months we have volunteers from Taiwan, Colombia, UK, Germany, Mexico, and South Korea. They are also an integral part of the staff team at our Witton project. We have a team of local volunteers who get involved in all aspects of the organisation, acting as mentors, offering practical help to the projects using their individual skills to enhance the service to young people. Volunteers also help with fundraising and raising the profile of the organisation.

Public benefit

The charity has had regard to the Charity Commission’s guidance on public benefit.

The public benefit of our project results in:

ACHIEVEMENTS AND PERFORMANCE

Overview

2020 – 2021 a year like no other needs to record that the major achievement was that Nightsafe was able to keep all our Housing Projects open as usual and indeed we managed to set up a new Housing Project following a commission from Blackburn with Darwen Borough Council – The Gatehouse.

With advice from BwD’s Public Health Team we were able to reopen P5 our Daycentre in the June and at the beginning of December we reopened our Night Shelter, both of these were without a doubt a very proud moment for us all at Nightsafe, to be able to provide this vital service at a key time of the year in the middle of a world wide Pandemic was really quite something – a true testament to the wonderful work of our staff, volunteers, supporters and funders.

We have always been about, somewhere to go, somewhere to stay and a listening ear, and we provided that in many creative ways. During this year in addition to ‘normal service’ we provided our young people , staff and volunteers with tailored Emotional Health and Wellbeing Support , this proved essential in us being able to look after each other and something that Nightsafe has now embedded throughout the organisation.

4

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

Performance , whilst key measurable indicators have always been an essential element in reporting to Funders ,this year gave us cause to measure Performance in a very different way. Performance has been about keeping people safe, healthy and as happy as possible – no mean feet but I think we have done this , I am a very proud CEO.

So not a year filled with fund raising events , meeting targets or anything like that , 2020 – 2021 was, as I said like no other year, or indeed a year we at Nightsafe would ever like to experience again.

However on a more positive note , we have learned a lot through this experience and no learning is ever wasted – I just hope the lessons are easier this next year !

Case studies

The following case studies give an insight into the effect that we have on the lives of young people.

LEAP Case Study – August 2021

16-year-old Dalton presented to the Nightshelter on the 16/06/21 via a referral form Housing Needs – Blackburn with Darwen. Dalton was sofa surfing following a family dispute with his sister who he was living with. He was staying on his grandmother’s sofa and could not reconcile with his sister.

Dalton arrived at the Nightshelter on his bike which he uses as his main made of transport. After noticing that the tyres on the bike were worn and lacking grip it was clear to me that this could be dangerous to his safety and potentially other road users. As a consequence, I assisted Dalton to apply for a CenterPoint bursary to pay for new tyres for his bike as this is his transportation to college.

After doing a LEAP Assessment I discovered that Dalton was studying Level 1 Catering at Blackburn College and wants to progress on to Level 2 in September. In order for Dalton to maintain and practice his catering skills Dalton took part in a number of cooking Life wise units, including baking cakes in our Day Centre. He was also encouraged to cook dinners in the evening in our Night Shelter.

After calling Blackburn College to enquire about any financial support that Dalton could access I discovered that he had not gain access to their Support Allowance. I assisted him to enrol on to the programme.

Dalton did not have any income whatsoever when he arrived at the Night Shelter. What’s more he didn’t have a bank account which was a barrier to accessing Universal Credits. I supported Dalton to open up a bank account in order to enable him to retrieve UC.

During his stay he took part in a 5mile walk around Darwen Moor organised by LEAP with the Wildlife Trust. Dalton was supported to move on to the Foyer after 9 nights of staying at the Night Shelter. He was given a Move On Pack which has been part funded form the LEAP fund.

Dalton still engages positively with Nightsafe and the LEAP project which is great. However, some of the services that he still accesses through us are offered as part of his residency at the Foyer. Staff encourage him to use their service as much as possible before falling back on Nightsafe.

Dalton was supported to build a good foundation upon which has been able to sustain his education. He still assesses our Day Centre for support whenever he requires it. Dalton is now on our Out Reach programme and still accesses Nightsafe services. He continues to take part in activities that are ran by Nightsafe.

5

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

Safe@Silas Case study

Molly is a Female aged 18yrs old, she presented at Housing needs and was referred to Nightsafe emergency shelter, at the age of 16yrs old.

Molly stayed in Nightsafe emergency Night shelter for 30 nights and was referred to the Safe@Silas housing project which was due to open its doors on the 1[st] October 2019 to its first residents. Molly was the first referral to move in.

Molly previously was living in the family home with mum and older sibling, but unfortunately relationships were becoming increasingly strained and Molly was asked to leave the family home. Molly did have some family support from her grandparents and an older sibling, whom lived in Australia. This was a very distressing time for her.

Molly was known to use cannabis and was suffering from poor mental health, the staff in the day centre and the night shelter provided Molly with the care she needed to make her feel safe and gave Molly lots of reassurance that she would be ok in our care.

Molly went on to enrol at Blackburn college, doing Health & Social Care. Not long into the course Molly felt that this wasn’t what she wanted to do and started looking at other options.

Molly moved into Safe@Silas and she was totally overwhelmed on how beautiful the project was and that she had somewhere safe to stay and to call home at last. This would be Molly’s home for up to two years. Being the first resident, Molly had six rooms to choose from. Each room had its own unique décor and Molly picked her room that matched her bright and caring personality.

A support plan package was devised with Molly which identified areas of the support needed to help Molly achieve her ambitions and goals.

Molly’s assessment needs of support was identified around her Cannabis use, Poor mental health and Emotional support needs and her Independent living skills i.e. cooking, budgeting, training. Soon after moving into the project Molly expressed her interest in becoming a Dental nurse.

Staff supported Molly to apply for an apprenticeship, via Training 2000. Molly was successful in securing a Dental Nurse apprenticeship, at a local dentist. This placement was going well and Molly stated that they were enjoying it. In march 2020, Blackburn with Darwen went into lockdown and Molly was fortunate enough to be furloughed.

During lockdown Molly got herself into a healthy routine, with staff support. Molly thrived and was very productive with her time during lockdown and staff observed a significant improvement in their mental health. Molly started to learn to cook healthy meals on a budget and do regular daily workouts with staff. Throughout lockdown Molly bought herself household items preparing for when she moves into her own home.

Molly returned to work in August 2020, and soon disclosed to staff that she was experiencing some difficulties within the work place. Staff liaised with T2000 and supported Molly in raising said issues.

Molly left that placement and immediately started looking for another Apprenticeship. Molly started a new apprenticeship in Preston at a private Dental Practice. Molly is now very happy and settled at her new placement.

Molly’s cannabis use has significantly reduced since moving into the project and her mental health and wellbeing has also significantly improved.

Over time, Molly has re-established a relationship with their mum and other siblings, they are now in a very good place and Molly now receives emotional support from her mum.

Molly has completed a variety of training and Lifewise units and gained her AQA certification in Cooking, baking and healthy eating, Gardening, understanding a tenancy, how to be a good neighbour, Health and safety in the home, Understanding Bill payments, Interview Skills and CV writing.

This all supported Molly in preparing herself for a move into independent living. Staff supported Molly to register and opened a BewithUs account in Sept 2020 and Molly was bidding continuously on properties. There has been a lack of housing availability in the Blackburn area and so Molly had also applied for three private rented properties and was unsuccessful. This was proving very difficult and we soon saw a barrier with Private Landlords and their judgements on young people and understanding their personal circumstances.

Staff then started conversations with letting agents and built a relationship up with Duffins Estate Agents. Soon after a property became available and it was in the perfect location of Cherry Tree, on bus route also to her dental course in Preston. Staff liaised and supported Molly with conversations to arrange a viewing. Staff secured a deposit from housing needs for private rented housing, if Molly was to be successful in her application.

On the 7[th] July 2021, Molly went to collect her keys for her flat. Staff have helped Molly move in and supported her with some household furnishings and she now has her own lovely home she is very proud of.

6

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

Cornfield Cliffe Case Study

Paul moved into our Witton project in July 2019, then moved over to Cornfield Cliffe in August of the same year. Paul was 23 years old, and had recently lost his father, who he was very close to and was struggling with the bereavement. Paul was extremely vulnerable and was suffering with depression, anxiety and other various issues around his mental health, he was living in his own flat prior to coming to Nightsafe, until a group of people befriended him, moved themselves into his flat and abused him.

A number of issues needed to be resolved including mental health, grief and trauma counselling, finances and benefits, alcohol misuse, training/education, confidence building, self-esteem issues, feeling safe and free from abuse.

Paul was referred into mental health services, and referred for trauma based counselling. A new bank account and direct debits set up, with one debt being fully paid off, relevant benefits put in place. He was referred into substance misuse service, Princes Trust and also Lancashire Wildlife Trust.

Staff at Cornfield supported Paul with budgeting, cooking, keeping his property safe and Lifewise units. Professional and trusted relationships were built with all staff and new friends made with other residents and service users. Paul was initially reluctant to accept help and support around his alcohol misuse, and staff have encouraged him to cut down on his alcohol assumption and will re-refer when Paul is ready to access this support.

Paul initially attended 2 job interviews, without success which knocked his confidence and self-esteem. Paul has since attended a 20-week Apprenticeship programme, with possible employment opportunity, with great success, and has since started on the Apprentship programme for a local grounds maintainace company.

FINANCIAL REVIEW

Overview

We had a surplus on unrestricted funds for the year of c£99k (2020 - c£129k). We have been able to attract additional funding to meet the challenges of COVID-19, maintain our donation income at a high level, whilst managing costs well.

Risk management

The Trustees undertook a review of the major risks to which the Charity is exposed in January 2016, and systems have been established to mitigate those risks. Periodic reviews are made to ensure that the charity continues to identify and mitigate any major risk that may arise.

The major financial risks facing the charity are – short term funding, changes in funding streams including housing benefit entitlements and caps, changes in local and central government policy.

Principal funding sources

Nightsafe has 4 main strands of funding these are: - Local Authority funding through commissioned work and Service Level Agreements, Rental Income for the accommodation services (Housing Benefit), grants from charitable trusts such as, Big lottery (Reaching communities) Children in Need etc. and our own fundraising and donations from many local organisations and individuals.

Investment policy and review

Nightsafe’s investment policy is to invest any reserves it holds in a place that gives the best return for the organisation. A review will take place when bonds mature at which time a search of the market will be made, there will also be a periodic review of bank accounts to ensure we are receiving the best rates and service available.

Reserves

In light of the main financial risks facing the charity the Trustees have determined that free reserves (unrestricted funds not designated or invested in fixed assets) equivalent to 6 months operating costs are required, approximately £450,000 based on the 21/22 budget (prior year £362,000). At this level the charity would be able to ensure the short-term continuation of services in the light of cuts in funding and/or manage an orderly reduction or cessation of those services if new funding could not be secured. At the year end the charity had free reserves of c£454k, just exceed the target level.

7

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

Impact of COVID 19

As the country responded to the pandemic caused by COVID 19, we were affected like many other organisations and lockdown lead to the closure of the shelter and platform 5. We saw most of our overseas volunteers return to their home countries. We took advantage of the Government’s Coronavirus Job Retention Scheme (CJRS) and furloughed some of our staff who were unable to work. Other staff were able to work from home where possible to minimise the number of people in the office.

In June 2020, we were able to reopen the day centre three days a week, opening fully later in the year. We were able to reopen the night shelter from December.

The pandemic affected the way we work and the range of services that we could offer, but it also affected other people and businesses, and we expect the ongoing fallout from the pandemic to mean that donation income to be less in 21/22.

However, given the current level of free reserves and the continuing grant and contract support, we expect the charity to continue to operate and do not believe there are any significant issues about going concern.

FUTURE PLANS

2021-22 is looking like it might be a challenging year. Following on from a year like no other in living memory following Covid 19, and the continuing effects of the Pandemic. As always it will be a year when opportunities will I’m sure present themselves but it will come with the continuing challenges brought by the Pandemic. Nightsafe will continue to build from the lessons learnt over the last year with regards the need to work in partnership and the amazing value of the support of the community in Blackburn with Darwen and indeed further afield.

Funding is forecast to be more of an ongoing concern than ever this year as we move through these unprecedented times with regards to Covid 19. Following the success last year with regards a number of small pots of funding made available to alleviate the immediate effects of Covid 19, this forthcoming year is not looking as positive. Indeed, there seems to be an overwhelming view by funders that we are over the Pandemic, but as the Nation is experiencing the trauma of the last year will have long lasting effects on both the physical and emotional health of young homeless people.

On a more positive note we are grateful of the ongoing support from Blackburn with Darwen Borough Council and our major funders who continue to enable us to make a difference in the lives of our young people. Additionally, the work of our Campaign and Events Co-ordinator enabled us to build a relationship with Donors and Patrons and work will continue towards the setting up of the Nightsafe trading Arm.

Supported by our Trustees and the appointment of an Operations Manager further contingencies have been approved to ensure the growth and development of services. In the next 12 months we will:

8

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document

The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated August 8 1990, as amended by special resolutions dated March 18 2014, July 17 2017 and February 22 2018. It is registered as a charity with the Charity Commission.

Members of the company

The Directors have the power to admit any person to membership and also have the power to remove members. There are currently 8 members of the company, each of whom agrees to contribute a sum not exceeding £10 in the event of the charity being wound up.

Appointment of trustees

The Directors, who are the Trustees, are appointed by the members in general meeting and are collectively known as the Council of Management or the Council. At each AGM, one third of the Directors retire by rotation, being the longest in office and are eligible for re-election. Other than a retiring trustee, the only people eligible for election as trustees are those either nominated by the Council or by a member giving not less than 14 and not more than 35 clear days’ notice of the intention to propose a person for election.

The Trustees who served during the year, together with any changes up to the date of approving this report are listed on page 1.

Trustee induction and training

Nightsafe has a recruitment and induction policy which includes all new Trustees, involving skills, knowledge, references and DBS checks. Most trustees are already familiar with the practical work of the Charity, and have a range of related skills and knowledge. We actively encourage ex-users of our service to have membership and representation

Organisation

The Council, which must not be less than three members, administers the Charity and meets as necessary, usually six times a year. The day to day operations of the Charity are the responsibility of the Chief Executive, Jan Larkin to whom the Trustees have delegated authority for operational matters including finance, employment development, within the overall strategy agreed by the Council.

Pay and remuneration for senior staff

Nightsafe is committed to ensuring that we pay our staff fairly and in a way which ensures we attract and retain the right skills to have the greatest impact in delivering our charitable objectives. All Nightsafe staff are on NJC salary scale based on an evaluation of the job, skills and experience. Nightsafe Trustee’s set the salaries of senior staff. Salaries are reviewed against an agreed independent market benchmarking tool and make sure amendments as are appropriate to ensure that Nightsafe’s salaries remain competitive

Related parties

Co-operation with other organisations/charities

This year we have continued to form partnerships which enhance our work with young people, we are pleased to have worked in close collaboration with organisations including: CVS Volunteer Centre, Centre-point, CRI, Brook, Princes Trust, Fairbridge, Wish Centre, Transforming Lives Team, YJS, Reach Out, Super Slow Ways, Action Factory, Health watch, CAB, Pro – Direct, SLYNCS and the Duke of Edinburgh Award Scheme, Creative Support, Bootstrap, Blackburn College, Training 2000, Opportunity Sports Foundation, British Heart Foundation, St Johns Ambulance Society , Engage, New Directions, Shelter, Town Offender Panel, BID, Credit Union , British Red Cross, Volunteering Matters, Police, Adult / Children’s SS

These partnerships enable us to offer a holistic service to meet young people’s needs.

We have continued as a member of The Families Health and Well-being Consortium/ Spring North to strengthen our partnerships and access to aggregated funding streams and commissioning opportunities and in addition we are also a member of the Pennine Lancs VCF Consortium group.

9

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2021

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees (who are also directors of Charity for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SMALL COMPANY PROVISIONS AND APPROVAL

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

Approved by the Board of Trustees and signed on its behalf by:

Julie Thomas

Julie Thomas– Director

Date: October 5 2021

10

INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF NIGHTSAFE LIMITED FOR THE YEAR ENDED MARCH 31 2021

I report to the charity trustees on my examination of the accounts of the company for the year ended March 31 2021 which are set out on pages 12 to 26.

Responsibilities and basis of report

As the charity 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 company’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

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of Institute of Chartered Accountants in England and Wales (ICAEW) which is one of the listed bodies.

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 that in any material respect:

  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.

Chittenden Horley

Peter Smith BA FCA DChA

For and on behalf of: HGA Accountants and Financial Consultants Ltd t/a Chittenden Horley Chartered Accountants

456 Chester Road Old Trafford Manchester M16 9HD Date: October 20 2021

11

NIGHTSAFE LIMITED STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE YEAR ENDED MARCH 31 2021

Notes
INCOME
Donations
2
Charitable activities
3
Investment income - bank interest
TOTAL INCOME
EXPENDITURE
Costs of raising funds
4
Expenditure on charitable activities
5
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS
Transfers between funds
NET MOVEMENT IN FUNDS
FUNDS BROUGHT FORWARD
12
FUNDS CARRIED FORWARD
12		 Unrestricted
Funds
£
213,682
535,150
329		 Restricted
Funds
£
32,114
183,151
-		 Total
Total
2021
2020
£
£
245,796
546,549
718,301
581,109
329
630
749,161 215,265 964,426
1,128,288
21,889
623,683		 -
210,498		 21,889
18,108
834,181
1,007,143
645,572 210,498 856,070
1,025,251
103,589
-		 4,767
-		 108,356
103,037
-
-
103,589
456,424		 4,767
35,825		 108,356
103,037
492,249
389,212
560,013 40,592 600,605
492,249

The notes on pages 15 to 26 form part of these financial statements.

12

NIGHTSAFE LIMITED BALANCE SHEET AS AT MARCH 31 2021

Notes
FIXED ASSETS
Tangible Assets
9
CURRENT ASSETS
Debtors
10
Cash at Bank and in Hand
CREDITORS
Amounts falling due in one year
11
NET CURRENT ASSETS
NET ASSETS		 2021
£
31,795
508,881		 2021
2020
2020
£
£
£
105,100
106,944
25,395
408,891
434,286
48,981
495,505
385,305
600,605
492,249
540,676
45,171
FUNDS
Unrestricted
General fund
12
Revaluation reserve
12
Restricted
12
TOTAL FUNDS		 483,628
76,385		 380,039
76,385
560,013
456,424
40,592
35,825
600,605
492,249

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

For the year ending March 31 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies and no notice has been deposited under section 476 requiring the company to obtain an audit of its accounts for the year in question.

Directors’ responsibilities

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The notes on pages 15 to 26 form part of these financial statements.

Approved by the Board and authorised for issue on: October 5 2021 And signed on their behalf by:

Julie Thomas

Julie Thomas - Director

Company registration number 2531951

13

NIGHTSAFE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31 2021

notes
Cash used in operating activities
14
Cashflows from investing activities
Interest and dividends
Cash provided by/(used in) investing activities
Cashflows from financing activities
Cash used in financing activities
Increase/(decrease) in cash & cash equivalents in the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
Cash and cash equivalents consist of:
Cash at bank and in hand		 2021
2020
£
£
99,661
120,215
329
630
329
630
-
-
99,990
120,845
408,891
288,046
508,881
408,891
508,881
408,891
508,881
408,891

Statement of changes in net debt

The charity does not have any borrowings (2020 - none).

The notes on pages 15 to 26 form part of these financial statements.

14

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

1 ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared: under the historic cost convention; in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 1 2019 (second edition – October 2019); FRS102; and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS102.

The accounts are prepared in £ sterling, which is the functional currency.

Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following applies to particular types of income:

Grants , whether of a capital or revenue nature, are recognised when the charity has entitlement to the funds, any performance conditions have been met and it is probable that the income will be received.

Donations from individuals and other bodies (not being of the nature of a grant) are recognised when receivable.

Donated goods from individuals and organisations , comprising food and toiletries for distribution to beneficiaries, are included in the accounts at fair their value when distributed. valued when distributed, as it is both impractical to value as stock when received and the costs of doing so would outweigh the benefits.

Earned income is measured at the fair value of the consideration received or receivable for services and goods supplied, net of discounts and VAT.

Deferred income

Income is only deferred and included in creditors when:

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds

including those associated with fundraising activities, managing investments and commercial trading by the subsidiary company.

Charitable activities costs of undertaking the work of the charity.

The charity is not registered for VAT and cannot recover any input tax charged. Costs are stated inclusive of VAT were charged.

Allocation of support costs

Support costs are those functions which assist the work of the charity either by supporting the delivery of charitable activities or by supporting the generation of funds. They include property costs, back office functions, staff costs, depreciation and professional fees. The basis of allocations is set out in note 6.

15

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

1 ACCOUNTING POLICIES (continued)

Pension contributions

The charity operates a defined contribution pension scheme for its employees, agreeing the contribution rates with each individual. The contributions are paid to a third party who invests the contributions in a money purchase plan. Contributions are charged to the SoFA as they become payable.

Tangible fixed assets and depreciation

Individual fixed assets costing more than £1,000 are capitalised at cost and are depreciated over their estimated useful lives on a straight line basis as set out below. The charity has revalued it freehold properties at market value. This valuation is kept under review and periodically updated (usually every five years).

Depreciation rates are as follows:

Debtors

Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

Financial instruments

The charity has only basic financial instruments which are initially recorded at cost, subsequently measured at their settlement value.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

16

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

2 DONATIONS
Revenue grants
Reaching Communities
Brian Mercer Charitable Trust
The Rank Foundation
Lancaster Foundation
HMRC - CJRS
Legacy
Donations
Donated goods for distribution
Equipment & furniture Safe@Silas
Monetary donations:
General
Day Centre
Supported Living		 Unrestricted 2021
Restricted		 Total Unrestricted 2020
Restricted
Total
£
-
25,000
-
25,000
4,180
10,000
560
-
148,942
-
-		 £
3,754
-
25,000
-
-
-
-
-
3,360		 £
3,754
25,000
25,000
25,000
4,180
10,000
560
-
148,942
-
3,360		 £
-
25,000
-
-
-
-
1,215
300,000

197,802
-
-		 £
£
15,017
15,017
-
25,000
-
-
-
-
-
-
-
-
-
1,215
-
300,000
-
197,802
145
145
7,370
7,370
213,682 32,114 245,796 524,017 22,532
546,549

17

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

Unrestricted
£
3 INCOME FROM CHARITABLE ACTIVITIES
Nightshelter
41,086
Day Centre (Platform 5)
16,424
Supported Living
477,640
Special projects
-
535,150
Nightshelter
Garfield Weston Foundation
-
BwD Council
-
Screwfix Foundation
-
Accommodation charges
4,046
Contract income - Supporting people
27,540
Service level agreements
9,500
41,086
Day Centre (Platform 5)
Reaching Communities
-
BwDC - winter contingency fund
-
Community Foundation
-
Duchy of Lancaster
-
National Lottery - Homeless Link
-
Youth Music Trust
-
Service level agreements
15,000
Other income
1,424
16,424
Supported Living
Garfield Weston Foundation
-
Screwfix Foundation
-
Other grants
-
Accommodation charges
139,740
Contract income - Supporting people
163,200
Service level agreements
174,700
477,640
Special projects
Children in Need - LEAP Project
-
Children in Need - Inspiring Futures
-
Duke of Edinburgh Award Scheme
-
-		 Unrestricted 2021
Restricted		 Total Unrestricted 2020
Restricted
Total
£
17,400
97,076
6,200
62,475		 £
58,486
113,500
483,840
62,475		 £
69,664
26,512
350,084
-		 £
£
-
69,664
98,491
125,003
-
350,084
36,358
36,358
535,150 183,151 718,301 446,260 134,849
581,109
-
-
-
4,046
27,540
9,500		 10,000
5,000
2,400
-
-
-		 10,000
5,000
2,400
4,046
27,540
9,500		 -
-
-
38,164
27,000
4,500		 -
-
-
-
-
-
-
38,164
-
27,000
-
4,500
41,086 17,400 58,486 69,664 -
69,664
-
-
-
-
-
-
15,000
1,424		 49,194
6,119
6,701
7,000
17,797
10,265
-
-		 49,194
6,119
6,701
7,000
17,797
10,265
15,000
1,424		 -
-
-
-
-
-
25,000
1,512		 98,491
98,491
-
-
-
-
-
-
-
-
-
-
-
25,000
-
1,512
16,424 97,076 113,500 26,512 98,491
125,003
-
-
-
139,740
163,200
174,700		 5,000
1,200
-
-
-
-		 5,000
1,200
-
139,740
163,200
174,700		 -
-
-
112,484
186,600
51,000		 -
-
-
-
-
-
-
112,484
-
186,600
-
51,000
477,640 6,200 483,840 350,084 -
350,084
-
-
-		 35,858
26,617
-		 35,858
26,617
-		 -
-
-		 35,858
35,858
-
-
500
500
- 62,475 62,475 - 36,358
36,358

18

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

4 COSTS OF RAISING FUNDS
Direct salary costs
Direct costs
Support costs
5 CHARITABLE EXPENDITURE
Nightshelter
Day Centre (Platform 5)
Supported Living
Special projects
Support costs charged to restricted
Expenditure is analysed as follows:		 Unrestricted 2021
Restricted		 Total Unrestricted 2020
Restricted
Total
£
11,651
6,792
3,446		 £
-
-
-		 £
11,651
6,792
3,446		 £
14,806
-
3,302		 £
£
-
14,806
-
-
-
3,302
21,889 - 21,889 18,108 -
18,108
Unrestricted 2021
Restricted		 Total Unrestricted 2020
Restricted
Total
£
82,159
15,150
558,593
-
(32,219)		 £
7,400
109,540
9,560
51,779
32,219		 £
89,559
124,690
568,153
51,779
-		 £
87,733
51,129
699,528
-
(14,850)		 £
£
-
87,733
124,331
175,460
7,803
707,331
36,619
36,619
14,850
-
623,683 210,498 834,181 823,540 183,603
1,007,143
2020/21
Nightshelter
Day Centre (Platform 5)
Supported Living
Special projects
2019/20
Nightshelter
Day Centre (Platform 5)
Supported Living
Special projects		 Direct
Costs
£
58,149
25,117
94,115
3,420		 Direct
Salaries
£
15,689
83,852
405,366
47,125		 Support
Costs
Total
£
£
15,721
89,559
15,721
124,690
68,672
568,153
1,234
51,779
180,801 552,032 101,348
834,181
65,162
34,602
387,630
4,938		 7,679
125,966
253,511
31,681		 14,892
87,733
14,892
175,460
66,190
707,331
-
36,619
492,332 418,837 95,974
1,007,143

19

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

6 SUPPORT & GOVERNANCE COSTS

SUPPORT & GOVERNANCE COSTS
2020/21
Support costs
Staff costs
Staff training and recruitment
Depreciation
Office, communications & other costs
Office rent and service charge
Governance costs
Staff costs
Professional fees
Office costs
2020/21
Support costs
Staff costs
Staff training and recruitment
Depreciation
Office, communications & other costs
Office rent and service charge
Governance costs
Staff costs
Professional fees
Office costs		 Fundraising
£
2,387
-
-
1,059
-		 Nightshelter
£
7,162
168
277
3,177
2,251		 Day shelter
£
7,162
168
277
3,177
2,251		 Supported
Living
£
31,038
782
1,290
13,764
9,269		 Special
Total
Projects
2021
£
£
-
47,749
-
1,118
-
1,844
-
21,177
1,234
15,005
3,446 13,035 13,035 56,143 1,234
86,893
-
-
-		 553
2,133
-		 553
2,133
-		 2,578
9,951
-		 -
3,684
-
14,217
-
- 2,686 2,686 12,529 -
17,901
3,446 15,721 15,721 68,672 -
1,234
104,794
2,479
-
-
823
-		 7,437
662
276
2,468
1,607		 7,437
662
276
2,468
1,607		 32,224
3,088
1,289
10,696
7,499		 Total
-
49,577
-
4,412
-
1,841
-
16,455
10,713
3,302 12,450 12,450 54,796 -
82,998
-
-
-		 511
1,931
-		 511
1,931
-		 2,383
9,011
-		 -
3,405
-
12,873
-
-
- 2,442 2,442 11,394 -
16,278
3,302 14,892 14,892 66,190 -
99,276

Support costs are allocated on the following basis:

Area

Staff costs, training and recruitment

basis

estimate of staff time

Office rent and service charge

head count based on estimate of staff time.

Other costs

estimate of resources used.

20

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

7 STAFF INFORMATION
a Employees
Salaries and wages
Pension costs
Employers NI allowance
Employer's NI contributions		 2021
2020
£
£
558,623
437,062
18,187
14,895
(4,000)
(3,000)
42,306
37,669
615,116
486,626

No employees earned more than £60,000 p.a. in either year.

b Key management personnel

The key management of the charity comprise the trustees and senior staff (as set out on page1). The trustees do not receive any remuneration for their services.

The total employee benefits of other key management were as follows:

£ £
118,879 93,451

c Average staff numbers

The average number of employees was as follows:-

Direct charitable
Support /Management and administration		 2021
Average
number
23
2		 2021
Average FTE
number
18
2		 2020
2020
Average
average FTE
number
number
22
15
2
2
25 20 24
17

8 NET INCOME/(EXPENDITURE) BEFORE TRANSFERS

This is stated after charging/(crediting):
Independent examiners & accountants fees:
Examination
Accountancy fees
Operating lease rentals
Depreciation of fixed assets
Trustees remuneration
Trustees expenses
Trustees claiming expenses		 £
£
900
900
1,000
1,100
59,599
44,037
1,844
1,841
-
-
-
-
Number
Number
-
-

21

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

9 TANGIBLE FIXED ASSETS

Cost or valuation
As at April 1 2020
As at 31 March 2021
Depreciation
As at April 1 2020
Charge for the year
As at 31 March 2021
Net Book Value
As at 31 March 2021
As at 31 March 2020		 Short
Equipment,
Freehold
Leasehold
Fixtures &
Property
Improvements
Fittings
Total
£
£
£
£
110,000
35,329
53,004
198,333		 Short
Equipment,
Freehold
Leasehold
Fixtures &
Property
Improvements
Fittings
Total
£
£
£
£
110,000
35,329
53,004
198,333		 Short
Equipment,
Freehold
Leasehold
Fixtures &
Property
Improvements
Fittings
Total
£
£
£
£
110,000
35,329
53,004
198,333
110,000 35,329 53,004
198,333
4,200
700		 35,329
-		 51,860
91,389
1,144
1,844
4,900 35,329 53,004
93,233
105,100 - -
105,100
105,800 - 1,144
106,944

The charity's freehold property was professionally revalued in May 2015 by Mortimers Chartered Surveyors at £110,000 (previous valuation May 2008 at £120,000). This valuation was incorporated into the accounts in 2014/15 and reduced the revaluation reserve by £10,000.

The value attributed to the land by the trustees' is £40,000.

10 DEBTORS
Income receivable
Prepayments
11 CREDITORS falling due within one year
Other taxes and social security
Accruals
Pension liability
Income and grants in advance		 2021
2020
£
£
29,803
19,221
1,992
6,174
31,795
25,395
8,885
10,782
8,171
10,704
3,115
2,495
25,000
25,000
45,171
48,981

22

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

12 STATEMENT OF FUNDS

2020/21
Income
Expenditure
transfers
31/03/2021
£
£
£
£
749,161
(645,572)
483,628
-
-
76,385		 560,013 -
-
10,000
10,265
-
20,327		 40,592 600,605
- -
-
-
-
-
-		 - -
(645,572) (7,219)
(25,000)
(7,400)
(109,540)
(9,560)
(51,779)		 (210,498) (856,070)
749,161 3,754
25,000
17,400
97,076
9,560
62,475		 215,265 964,426
b/f and c/f
31/03/2020
01/04/2020
£
380,039
76,385		 456,424 3,465
-
-
22,729
-
9,631		 35,825 492,249
2019/20
01/04/2019
Income
Expenditure
transfers
£
£
£
£
250,275
970,907
(841,143)
76,890
-
(505)
-		 - -
-
-
-
-		 - -
(841,648) (14,850)
-
-
(124,331)
(7,803)
(36,619)		 (183,603) (1,025,251)
970,907 15,017
-
-
98,636
7,370
36,358		 157,381 1,128,288
327,165 3,298
-
-
48,424
433
9,892		 62,047 389,212
Unrestricted funds:
General fund
Revaluation reserve
Total unrestricted funds
Restricted Funds:
Reaching Communities
The Rank Foundation
Nightshelter
Day Centre (Platform 5)
Supported Living
Special Projects
Total restricted funds
Total funds

23

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

12 STATEMENT OF FUNDS (continued)

2020/21
Income
Expenditure
transfers
31/03/2021
£
£
£
£
10,000
-
-
10,000
5,000
(5,000)
-
-
2,400
(2,400)
-
-		 10,000 -
-
-
-
-
-
10,265
-		 10,265 -
-
-
-		 - 8,965
11,090
272
-		 20,327
- -
-
-
-
-
-
-
-		 - -
-
-
-		 - -
-
-
-		 -
(7,400) (71,923)
(6,119)
(6,701)
(7,000)
(17,797)
-
-		 (109,540) (5,000)
(1,200)
-
(3,360)		 (9,560) (36,252)
(15,527)
-		 (51,779)
17,400 49,194
6,119
6,701
7,000
17,797
-
10,265
-		 97,076 5,000
1,200
-
3,360		 9,560 35,858
26,617
-
-		 62,475
b/f and c/f
31/03/2020
01/04/2020
£
-
-
-		 - 22,729
-
-
-
-
-
-
-		 22,729 -
-
-
-		 - 9,359
-
272
-		 9,631
2019/20
01/04/2019
Income
Expenditure
transfers
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-		 - -
-
-
-
-
-
-
-		 - -
-
-
-		 - -
-
-		 -
- (97,721)
-
-
-
-
(12,757)
(13,708)
(145)		 (124,331) -
-
(433)
(7,370)		 (7,803) (36,157)
-
(228)
(234)		 (36,619)
- 98,491
-
-
-
-
-
-
145		 98,636 -
-
-
7,370		 7,370 35,858
-
500
-		 36,358
- 21,959
-
-
-
-
12,757
13,708
-		 48,424 -
-
433
-		 433 9,658
-
-
234		 9,892
Nightshelter
Garfield Weston Foundation
BwD Council
Screwfix Foundation		 Day Centre (Platform 5)
Reaching Communities
BwDC - winter contingency fund
Community Foundation
Duchy of Lancaster
National Lottery - Homeless Link
The Henry Smith Charity
Youth Music Trust
Donations		 Supported Living
Garfield Weston Foundation
Screwfix Foundation
Other grants
Donations		 Special Projects
Children in Need - LEAP
Children in Need - Inspiring Futures
Duke of Edinburgh Award Scheme
Young Lancashire - one Life

24

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

12 STATEMENT OF FUNDS (continued)

Fixed asset purchases

Transfers are made to capital grants expended when there are continuing restrictions over the use and disposal of fixed assets. If all conditions have been met by the purchase and there are no continuing restrictions a transfer is made to unrestricted funds equal to the funds expended on fixed asset purchases.

Restricted funds

Garfield Weston Foundation To support Nightshelter Youth Music Trust Daycentre project work Children in Need To support work with 16 - 18 year olds Duke of Edinburgh Award Scheme For activities for young people.

All the these funds will be utilised in 2021/22.

13 ANALYSIS OF NET ASSETS BETWEEN FUNDS Company fund balances at 31 March 2021

are represented by:-

Tangible fixed assets Net current assets

Unrestricted funds
General
Revaluation
£
£
28,715
76,385
454,913
-		 Unrestricted funds
General
Revaluation
£
£
28,715
76,385
454,913
-		 Restricted
Funds
£
-
40,592		 Total
£
105,100
495,505
483,628 76,385 40,592 600,605

Free Reserves:

Net current assets 454,913

Company fund balances at 31 March 2020
are represented by:-
Tangible fixed assets
Net current assets		 Unrestricted funds
General
Revaluation
£
£
30,559
76,385
349,480
-		 Unrestricted funds
General
Revaluation
£
£
30,559
76,385
349,480
-		 Restricted
Funds
£
-
35,825		 Total
£
106,944
385,305
380,039 76,385 35,825 492,249

14 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES

Net income/(expenditure)
Add back depreciation
Deduct interest income shown in investing activities
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash generated from/(used in) operating activities		 2021
2020
£
£
108,356
103,037
1,844
1,841
(329)
(630)
(6,400)
(10,805)
(3,810)
26,772
99,661
120,215

25

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2021

15 CONSTITUTION

The Company is limited by guarantee and does not have a share capital. In the event of the Company being wound up the members are committed to contributing £1 each.

16 TAXATION

The company is a registered charity and is entitled to claim annual exemption from UK corporation tax under sections 466 to 477 of the Corporation Tax Act 2010.

17 CAPITAL COMMITMENTS

The company had authorised capital expenditure of £60,000 (2020 - none)

18 RELATED PARTY TRANSACTIONS

As noted in the trustees' report, Lucy Ross a trustee is the daughter of Lan Larkin (Chief Executive). Ms Ross played no part in the decision to appoint Ms Larkin and does not participate in any discussions or decisions effecting her employment.

The company had no other related party transactions during the year (2020 - none) which require to be disclosed under the SoRP or the Companies Act.

19 OPERATING LEASE COMMITMENTS

The company had the following minimum commitments under non-cancellable operating leases at the year end:

Operating leases which expire:
Within one year
Between 2 and 5 years		 2021
2020
£
£
54,145
54,145
115,754
115,754
169,899
169,899

The above figures include service charge costs which can vary between years.

26