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|---|---|---|---|---|
|Report of|the Trustees||1to9||
|Report of|the Independent|Auditors|10to|12|
|Statement|ofFinancial Activities||||
|Balance Sheet|||||
|Statement|ofCash Flaw|||15|
|Notes tothe Financial Statements|||16to|26|
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|ORIECTIVE|||RISK||||HOW WE MANAGE THE RISK|
|---|---|---|---|---|---|---|---|
|Wellbeing|of all||Covid-19||||Risk assessments,
updated
procedures,
hand-|
||||||||washing
and social distancing,
provision of|
||||||||adequate
PPE, staff training,
and pastoral|
||||||||support.|
|Provide good quality|||Poor quality care and/or||||Appropriately
trained
and remunerated
staff,|
|homes and|services|to|beaches ofHealth &||||internal
audit programme
including
regular|
|vulnerable|people||Safety legislation||||Health &Safety audits monitored
by Finance|
||||||||and Resources Committee,
Lee Proctor|
||||||||(Trustee) lead responsibility
for safeguarding,|
||||||||introduction
oftenant satisfaction
survey.|
|Financially|sustainable||Low occupancy, poor||||Regular review ofoccupancy, 2-year rolling|
|charity|||fundraising|returns,||not|fundraising
plan, management
ofsickness|
||||retaining|localauthority|||absence, employee
retention,
delivering|
||||contracts,|poor control|||excellent services, budget management|
||||ofexpenditure||||including
control ofagency costs, business|
||||||||cases approved for all new opportunities,|
||||||||retendering
ofsupplier contracts.|
|Motivated|staff team||Dissatisfied staff leading||||Annual staff survey, ongoing support
via|
||||to higher|turnover|and||Chaplaincy
service, review of pay and rewards,|
||||sickness||||commitment
to training|
|Secure and|reliable|IT|Potential|breaches|of||Regular review meeting
with outsourced
IT|
|systems|||Data Protection||||services provider|
||||legislation|||||
|Leadership|||Not achieving
vision,|||not|Recruitment
ofthree key posts achieved
in|
||||addressing|issues, loss of|||2021to strengthen
management
team of|
||||external confidence||||charity|
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||Forth|e
eare|nded
31Marc|h 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Income and expenditure|||Unrestricted|Restricted|Total|Total|
|||Note|E|F.|E|E|
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations
and legacies||3|597,479|1,087,958|1,685,437|1,537,379|
|Charitable
activities||4|7,566,750||7,566,750|7,404,998|
|Other trading activities||5|290,414||290,414|466,069|
|Investment
Income||6|649||649|1,738|
|Total income|||8,455,292|1,087,958|9,543,250|9,410,184|
|EXPENDITURE ON:|||||||
|Raising funds, marketing|and trading||||||
|activities||7|963,713||963,713|1,157,890|
|Charitable
activities||7|7,104,909|1,165,183|8,270,092|7,848,472|
|Total expenditure|||8,068,622|1,165,183|9,233,805|9,006,362|
|NET INCOME/(EXPENDITURE)|||386,670|(77,225)|309,445|403,822|
|Transfers between
funds||20|||||
|NET MOVEMENT
IN FUNDS|||386,670|(77,225)|309,445|403,822|
|RECONCILIATION
OF FUNDS:|||||||
|Total funds brought forward|||3,102,304|370,509|3,472,813|3,068,991|
|TOTAL FUNDS CARRIED FORWARD|||3,488,974|293,284|3,782,258|3,472,813|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Notes|E|E|
|CASH FLOWS FROM OPERATING ACTIVITIES:||||||||
|Net|cash provided
by/(used
in) operating|activities|||a|929,850|(319,584)|
|Cash|flows from investing
activities:|||||||
||Purchase ofproperty
and other fixed assets|||||(164,544)|(266,913)|
||Proceeds from disposal offixed assets||||||7,577|
|Net|cash provided
by/(used
in) investing|activities||||(164,544)|(259,336)|
|Cash|flows from financing
activities:|||||||
||Repayments
ofborrowing|||||(120,313)|(164,009)|
||Cash inflows from new borrowing|||||510,350||
|Net|cash provided
by/(used
in) financing|activities||||390,037|(164,009)|
|CHANGE
IN CASH AND CASH EQUIVALENTS FOR THE YEAR||||||1,155,343|(742,929)|
|Cash|and cash equivalents
brought forward||||b|490,625|1,233,554|
|CASH AND CASH EQUIVALENTS CARRIED FORWARD||||||||
|AT31MARCH||||||1,645,968|490,625|
|a)|Reconciliation
ofnet income/(expenditure)|||to net cash|flow from|operating
activities||
|||||||2021|2020|
|||||||E|E|
||Net income/(expenditure)
for the year as||per|the||||
||Statement of Financial Activities|||||309,445|403,822|
||Adjusted for:|||||||
||Depreciation|||||220,412|183,093|
||Profit on disposal offixed assets||||||(3,683)|
||(increase)/decrease
in debtors|||||93,307|(356,030)|
||Increase/(decrease)
in creditors|||||306,686|(546,786)|
||Net cash (used in)/provided
by operating||activities|||929,850|(319,584)|
|b)|Analysis ofcash and cash equivalents|||||||
|||||||2021|2020|
|||||||f|f|
||Cash at bank and in hand|||||1,645,968|490,625|
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|||||2020|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||f|f|f|
|INCOME AND ENDOWMENTS FROM:|||||
|Donations
and legacies||702,332|835,047|1,537,379|
|Charitable
activities||7,404,998||7,404,998|
|Other trading activities||466,069||466,069|
|Investment
Income||1,738||1,738|
|Total income||8,575,137|835,047|9,410,184|
|EXPENDITURE ON:|||||
|Raising funds||1,157,890||1,157,890|
|Charitable
activities||7,437,310|411,162|7,848,472|
|Total expenditure||8,595,200|411,162|9,006,362|
|NET INCOME/(EXPENDITURE)||(20,063)|423,885|403,822|
|Transfers between|funds|195,209|(195,209)||
|NET IVIOVEMENT IN FUNDS||1757146|228,676|403,822|
|RECONCILIATION
OF FUNDS:|||||
|Total funds brought|forward|2,927,158|141,833|3,068,991|
|TOTAL FUNDS CARRIED|FORWARD|3,102,304|370,000|~,472,013|
##
##
|||Forth|Forth|Forth|e year ended 31Mar|ch 2021|||
|---|---|---|---|---|---|---|---|---|
|3.|Donations|and legacies|||||Total|Total|
||||||Unrestricted|Restricted|2021|2020|
|||||||f|f|f|
||Charitable|Trusts|- general grants||194,591|976,296|1,170,887|1,168,365|
||Other general grants||||91,795|104,703|196,498|20,467|
||Corporate|donations||||||1,770|
||Individual|donations|||247,908|1,529|249,437|149,042|
||Church/community|||groups|48,184|5,430|53,614|148,953|
||Legacies||||15,000||15,000|48,782|
||||||597,479|1.987.958|1,685,436|1,537,379|
||2020total||||702,332|835,047|1,537,379||
|4.|Charitable|activities|||||Total|Total|
||||||Unrestricted|Restricted|2021|2020|
||||||f||f|f|
||Housing support||contracts||1,081,548||1,081,548|1,273,084|
||Other public sector|||contracts|822,346||822,346|720,133|
||Other contracts||||1,607,158||1,607,158|1,704,090|
||Accommodation||charges||3,635,398||3,635,398|3,516,948|
||Other income||||420,300||420,300|190,743|
||||||7,566,750||7,566,750|7,404,998|
||2020total||||7,404,998||7,404,998||
|5.|Other trading activities||||||Total|Total|
||||||Unrestricted|Restricted|2021|2020|
||||||f||f|f|
||Fundraising|events|||182,974||182,974|100,178|
||Sales from|retail|activities||87,727||87,727|335,940|
||Other earned income||||19,713||19,713|29,951|
||||||290,414||290,414|466,069|
||2020 total||||466,069||466,069||
|6.|Investment|income|||||Total|Total|
||||||Unrestricted|Restricted|2021|2020|
||||||f|f|f|f|
||Bank interest||||649||649|1,738|
||||||649||649|1,738|
||2020 total||||1,738||1,738||
##
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||||||||Fo|rthe year ende|d 31March 2|021|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|7.||Expenditure||||||Staff|Other|Support|Total|Total|
|||||||||costs|direct costs|costs|2021|2020|
|||||||||f|f|f|f|f|
|||Raising funds, marketing||||and|trading|activities|||||
|||Fund raising and|marketing|||team||449,861|109,137|70,082|629,080|715,096|
|||Charity shops||||||168,620|128,733|37,280|334,633|442,794|
|||||||||618,481|237,870|107,362|963,713|1,157,890|
|||Charitable
activities|||||||||||
|||Veterans
housing||||||683,402|642,848|166,275|1,492,525|1,377,458|
|||Homeless||||||1,083,901|882,724|246,560|2,213,185|2,072,534|
|||Young people||||||1,154,198|675,395|229,380|2,058,973|2,021,981|
|||Learning
disabilities||&|mental||health|1,380,169|247,065|204,010|1,831,244|1,631,461|
|||Training and development||||||372,611|14,960|48,591|436,162|546,853|
|||Veterans training|and enterprise|||||123,416|88,072|26,515|238,003|198,185|
|||||||||4,797,697|2,551,064|921,331|8,270,092|7,848,472|
|||||||||5,416.178|2,788,934|1,028,693|9,233.805|9,006,~62|
|||TOTAL 2020||||||4,968,512|3,057,856|979,994|9,006,362||
|8.||Support costs|||||||||Total|Total|
||||||||||||2021|2020|
||||||||||||f|f|
|||Staff costs|||||||||487,317|461,760|
|||Property
costs|||||||||51,572|31,580|
|||ITcosts|||||||||134,023|171,821|
|||HR and administration|||costs||||||266,295|210,259|
|||Finance charges|||||||||89,486|104,574|
||||||||||||1,028,693|979,994|
|9.||Net income/(expenditure)|||||||||Total|Total|
||||||||||||2021|2020|
|||This isstated after charging:|||||||||f|f|
|||Depreciation|||||||||220,412|183,093|
|||Profit on disposal|of|fixed||assets||||||(3,683)|
|||Auditors'
remuneration:|||||||||||
|||- audit|||||||||9,420|8,580|
|||- non-audit|||||||||2,580|2,340|
|||Operating
lease|rentals:||||||||||
|||—property||rental|||||||1.092,796|990,256|
|20|(|Page|||||||||||
##
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|Staff costs and numbers|||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|6|
|Salaries and wages|||||4,940,847|4,638,548|
|Sessional staff (including|agency)||||420,115|284,097|
|Employer's
nationalinsurance||and contributions|||386,046|354,703|
|Employer's
pension contributions|||||156,486|152,913|
||||||5,903,494|5,430,261|
|The average number of|people|employed,|including|part-time staff:|2021|2020|
||||||No.|No.|
||||||271|268|
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|14.|Tangible fixed assets||||||
|---|---|---|---|---|---|---|
|||Freehold|Short leasehold||Motor||
|||property|property|Equipment|vehicles|Total|
|||||||E|
||Cost||||||
||At 1April 2020|5,800,963|365,480|1,327,579|76,686|7,570,708|
||Additions||114,887|41,257|8,400|164,544|
||Disposals||||||
||At31March 2021|5,800,963|480,367|1,368,836|85,086|7,735,252|
||Depreciation||||||
||At 1April 2020|609,597|128,726|1,191,442|37,142|1,966,907|
||Charge for the year|111,835|42,371|55,070|11,136|220,412|
||Eliminated
on disposals||||||
||At 31March 2021|721,432|171,097|1,246,512|48,278|2,187,319|
||Net book value||||||
||At 31March 2021|5,079,531|309,270|122,324|36,808|5,547,933|
||At 31March 2020|5,191,366|236,754|136,137|39,544|5,663,561|
|15.|Investments||||2021|2020|
||||||E|E|
||Unlisted
UK equity investments||||9,000|9,000|
|16.|Debtors||||2021|2020|
||||||E|6|
||Trade debtors||||380,236|346,872|
||Deposits||||22,521|19,544|
||Accrued income||||107,288|224,982|
||Prepayments||||110,985|122,939|
||||||621,030|714,337|
##
|17.|Creditors: amounts|Creditors: amounts|due within one year|2021|2020|
|---|---|---|---|---|---|
|||||6|6|
||Trade creditors|||124,860|125,555|
||Tax and National|Insurance||96,755|91,899|
||Deferred income|||171,183||
||Other creditors|||44,627|45,665|
||Bankloan|||219,270|168,187|
||Accruals|||237,353|156,056|
|||||894,048|587,362|
|18.|Creditors: amounts||due after more than one year|2021|2020|
|||||6|6|
||Bank loans (note|21)||3187625|2757588|
||Repayable
by instalments:|||2021|2020|
|||||6|6|
||Less than 1year|||219,270|168,187|
||Between 2and 5|years||1,160,920|730,046|
||In 5years or more|||1,986,705|2,027,542|
|||||3,366,895|2,925 775|
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|As at 31 March the charity
had total future
minim
leases are as follows:|um
lease payments
under
non-cancellable|operating|
|---|---|---|
||2021|2020|
||6|6|
|Less than 1year|108,362|697,756|
|Between 2 and 5years|859,633|292,500|
|In 5years or more|124,801||
||1.092.796|990,256|
##
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|||Balance at|Incoming|Outgoing|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||1.04.20|resources|resources|to/(from)|31.03.21|
|||6|6|6|6|6|
|Restricted funds:|||||||
|Veterans
housing||124,486|303,641|(386,831)||41,296|
|Homeless||2,623|81,201|(78,625)||5,199|
|Young People:|||||||
|Salisbury
Mother &Baby||28,000|28,000|(28,000)||28,000|
|Other Young People||22,016|98,850|(117,866)||3,000|
|Learning
disabilities|and mental||||||
|health:|||||||
|Riverside Sanctuary||110,687|69,667|(183,754)|5,000|1,600|
|Learning
disabilities|||52,312|(52,232)||80|
|Training
and development||23,203|33,727|(38,578)||18,352|
|Veterans training
and enterprise||49,670|317,277|(214,876)||152,071|
|Central services||9,824|103,283|(64,421)|(5,000)|43,686|
|||370,509|1,087,958|(1,165,183)||293,284|
|Unrestricted
funds:|||||||
|General -fixed assets||2,678,026||(220,412)|223,424|2,681,038|
|General - other funds||424,278|8,455,292|(7,848,210)|(223,424)|807,936|
|||3,102,304|8,455,292|(8,068,622)||3,488,974|
|||3,472,813|9,543,250|(9,233,805)||3,782,258|
##
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|||Balance at|Incoming|Outgoing|Transfers|Balance at|
|---|---|---|---|---|---|---|
|||1.04.19|resources|resources|to/(from)|31.03.20|
|||6|6|6|6|6|
|Restricted funds:|||||||
|Veterans
housing||126,029|287,815|(289,358)||124,486|
|Homeless||804|29,093|(27,274)||2,623|
|Young People:|||||||
|Salisbury Mother &|Baby||56,000|(28,000)||28,000|
|Other Young People|||31,138|(9,122)||22,016|
|Learning
disabilities|and||||||
|mental
health:|||||||
|Riverside Sanctuary|||305,896||(195,209)|110,687|
|Learning
disabilities|||140|(140)|||
|Training and development||5,000|56,158|(37,955)||23,203|
|Veterans training
and enterprise|||55,440|(5,770)||49,670|
|Central services||10,000|13,367|(13,543)||9,824|
|||141,833|835,047|(411,162)|(195,209)|370,509|
|Unrestricted
funds:|||||||
|General - fixed assets||2,434,091||(183,093)|427,028|2,678,026|
|General - other funds||493,067|8,575,137|(8,412,107)|(231,819)|424,278|
|||2,927,158|8,575,137|(8,595,200)|195,209|3,102,304|
|||3,068,991|9,410,184|(9,006,362)||3,472,813|
##
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|Analysis ofnet assets between funds|||||
|---|---|---|---|---|
|||Net current|Creditors »||
||Fixed assets|assets|1year|Total|
||f|f|f|f|
|Restricted funds||293,284||293,284|
|Unrestricted
funds:|||||
|General - fixed assets|5,547,933|280,730|(3,147,625)|2,681,038|
|General - other funds|9,000|798,936||807,936|
|Net assets atthe end ofthe year|5556933|1372956|13,1476257|3,782258|
|Comparative
analysis ofnet assets between|funds for the year|ended 31March|2020:||
|||Net current|Creditors»||
||Fixed assets|assets|1year|Total|
||f|f|f|f|
|Restricted funds||370,509||370,509|
|Unrestricted
funds:|||||
|General - fixed assets|5,603,801|(168,187)|(2,757,588)|2,678,026|
|General - other funds|9,000|415,278||424,278|
|Net assets asat 31March 2019|5,612,801|617,600|(2,757,588)|3,472,813|
##