| Page | |
|---|---|
| Trusteell' Rcport |
|
| Aims & Objectives, Statement ofPublic Benefit, | |
| Achievement dr Performance, Financial Review |
2-4 |
| Structure, Governance and Management |
4-5 |
| Trustees' Responsibibties Statement |
|
| independent Auditor's Report |
8-9 |
| Coasolidated Statement ofFinancial Activities |
10 |
| Consolidated and Charity Balance Sheets |
|
| Notes to the Consolidated Financial Statements |
12 to 20 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| INCOME | AND ENDOWMENTS | FROltl | Notes | fund 8 |
fundf | funds | fundsf |
| Donations | and legacies | 21,801 | 21,801 | 9,407 | |||
| Charitable | activities | ||||||
| Community support services |
4,915 | 4,915 | |||||
| Sheltered | supported accommodation |
675,279 | 848,668 | 1,523,947 | 1,316,845 | ||
| Investment | income | 838 | |||||
| Total | ~701 998 | ~848 670 | I 550 668 | ~1327090 | |||
| EXPENDITURE ON | |||||||
| Community | support services |
6.370 | |||||
| Community Sheltered |
support services supported accommodation |
643,048 8973 |
788999 | 643,048 797972 |
406,656 587 574 |
||
| Total | 652.021 | ~788999 | ~1441 020 | 1.000600 | |||
| NKT INCOME/(EXPENDITURE) | 49,977 | 59,671 | 109,648 | 326,490 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward |
776,466 | 337,170 | 1,113,636 | 787,146 | |||
| TOTAL FUNDS CARRIED FORWARD | 826,443 | 396,841 | ~1223,284 | ~1113636 |
| th~31 1~20 | 2 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 2022 | 2022 | 2021 | 2021 | |||
| Groupf | ChllflD | tjroupf | Chanty f |
||||
| FIXED ASSETS | |||||||
| Tangible assets | 14 | 348.914 | 348.914 | 343,563 | 343,563 | ||
| 348,914 | 348,914 | 343,563 | 343,563 | ||||
| CURREivTASSETS | |||||||
| Debtors. ' amounts | falling | due «idim | 15 | 305,119 | 324,3 7 | 161,801 | 186,864 |
| erie veer | |||||||
| Cash at Bank and | in haul | 734,546 | 733,347 | 659,198 | 653,225 | ||
| 1,039,665 | 1,057,674 | 820,999 | 840,089 | ||||
| CREDITORS: Amounts | falling | 16 | (165395) | (146,049) | (50,926) | (36,753) | |
| due within one year | |||||||
| NET CURRENT | ASSETS | 874,370 | 911,625 | 770,073 | 803,336 | ||
| TOTAL ASSETSLESS LIABILITIES |
CURRENT | 1323384 | (,230539 | 1,113,636 | 1,146,899 | ||
| 1323,284 | (430,539 | I 113636 | I 146899 | ||||
| FUNDS cstrictcd Itmds U~ ftmds |
18 | 396,841 826,443 |
396,841 833,698 |
337,170 776,466 |
337,170 809,729 |
||
| I&3484 | 1330,539 | 1,113,636 | 1,146,899 |
| Depreciati | on is provided at the followin |
g annual rates in order to writ |
e offea |
|---|---|---|---|
| Freehold | property | -not provided | |
| Office equipment | -33%on reducing | balance | |
| Furniture, | fixtures &fittings | -33%on reducing | balance |
| Computer | equipment | -33%on reducing | balance |
| 2022 | 2021 | |||
|---|---|---|---|---|
| f | f | |||
| Donations | &gih | aid | ~2) 801 | 9407 |
| 2022f | 2021f | |||
|---|---|---|---|---|
| Turnover &other income |
||||
| Administrative expenses |
including | giA aid | 8,152 | |
| Retained profit/(loss) | (6,797) | (8,)52) | ||
| Net current assets and shareholders | fund |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| f | 8 | |||||||||
| Deposit account interest | 5 | 838 | ||||||||
| Interest received of | I5 (2021:f838)includes | interest | received by Panahghar | Safe House | offNIL (2021:ANIL) | |||||
| INCOMING RESOURCES | FROM CHARITABLE ACTIVITIES | |||||||||
| 2022 | 2021 | |||||||||
| Activity | f | f | ||||||||
| Rent receivable | Sheltered | supported | accommodation | 675,279 | 478,042 | |||||
| Grant Income | Sheltered | supported | accommodation | 848,669 | 838,803 | |||||
| Grants | Community | support | services | 4,915 | ||||||
| I 528,863 | 1~316845 | |||||||||
| 6, | COSTS OF FLtNDRAISING | CHARITABLE | ACTIVITIES | |||||||
| 2022 | 2021 | |||||||||
| f | ||||||||||
| Staffcosts including | pensions | |||||||||
| Telephone, fax & internet |
||||||||||
| Printing, postage & |
stationery | 54 | ||||||||
| Insurance Legal &professional Bank charges |
2,805 2,442 121 |
2,796 3,515 59 |
||||||||
| Staff Training | ||||||||||
| ~5422 | ~6370 | |||||||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||||||
| Direct costs | Supportcosts | Totals | ||||||||
| (See note 9) f |
(See note 10) | f | ||||||||
| Community support |
services | 429.442 | 213,606 | 643,048 | ||||||
| Sheltered supported |
accommodation | 745 641 | ~52 331 | ~797972 | ||||||
| 1,175,083 | 265,937 | 1,441,020 |
| DIRECT | COS | TS O | F | CHARITABLE | ACTIVITIES | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| f | |||||||||||
| Staffcosts | 578,058 | 425, 190 | |||||||||
| Other operating | leases | 281,518 | 171,503 | ||||||||
| Rates and | water | 29,965 | 21,059 | ||||||||
| Insurance | 50,607 | 39,068 | |||||||||
| Light and | heat | 51,301 | 31,853 | ||||||||
| Telephone | 21,748 | 17,094 | |||||||||
| Postage and stationery | 4,675 | 2,196 | |||||||||
| Events & | seminars | 3,416 | |||||||||
| Sundries | 5,576 | 1,522 | |||||||||
| Repair & | maintenance | 64,320 | 58,979 | ||||||||
| Cleaning | & decorating | 37,614 | 95,552 | ||||||||
| Travel &. | subsistence | 2,356 | 2,778 | ||||||||
| Tv & entertainment | 3,141 | 2,962 | |||||||||
| Training | costs | 9,223 | 2,865 | ||||||||
| Professional fees Security |
11,020 ~20 545 |
||||||||||
| 1,175083 | 872 621 | ||||||||||
| SUPPORT COSTS | |||||||||||
| Governance | |||||||||||
| Management | Finance | costs | Totals | ||||||||
| f | f | f | f | ||||||||
| Community support |
services | 191,255 | 14,785 | 7,566 | 213,606 | ||||||
| Sheltered | supported | accommodation | ~25 | 899 | 286 | ~26 146 | ~52 331 | ||||
| ~217 | 154 | ~15 | 071 | ~33 712 | ~265 937 | ||||||
| Support costs, included | in the above, are as follov:s: | ||||||||||
| 2022 | 2021 | ||||||||||
| Community | Sheltered | ||||||||||
| support | supported | Total | Total | ||||||||
| services | accommodation | activities | activities | ||||||||
| f | f | ||||||||||
| Wages | 145,165 | 6,895 | 152,060 | 32,029 | |||||||
| Social security | 11,871 | 11.871 | 5,158 | ||||||||
| Pensions | 2,078 | 2,078 | 752 | ||||||||
| Rates and | water | 4,471 | 4,471 | ||||||||
| Insurance | 3,374 | 3,374 | 8,501 | ||||||||
| Light and | heat | 7, | 167 | 7, 167 | |||||||
| Telephone | 907 | 907 | 1,809 | ||||||||
| Postage and stationery | 36 | ||||||||||
| Sundries | 3,813 | 4,750 | 8,563 | 8,329 | |||||||
| Travelling | & subsistence | 2,156 | |||||||||
| Computer | costs | 14,487 | 12,176 | 26,663 | 25,183 | ||||||
| Bank charges | 286 | 286 | 772 | ||||||||
| Auditors' remuneration Depreciation oftangible |
(Group) fixed assets |
14,785 | 1,375 | 1,375 14,785 |
1,782 12,150 |
||||||
| Accountancy Legal and professional |
fees | 33 ~7533 |
6.862 ~17909 |
6.895 ~25 442 |
8,985 ~13967 |
||||||
| 213,606 | 52,331 | 265,937 | 121,609 |
| Unrestricted | Total funds | |||
|---|---|---|---|---|
| fund | Restricted fund |
|||
| f | f | |||
| INCOME | ||||
| Donations Charitable |
and legacies activities |
9,407 | 9,407 | |
| Sheltered Investment |
supported accommodation income |
504,190 839 |
812,655 ~I) |
1,316,845 838 |
| Total | 514,436 | 812,654 | 1,327,090 | |
| EXPENDITL!RE | ||||
| Charitable | activities | |||
| Community Sheltered |
support services supported accommodation |
406,656 | 585,792 | 406,656 585,792 |
| Total | 406,656 | 585,792 | 992,448 | |
| NET INCOME//EXPENDITURE) | 107,780 | 226.862 | 334,642 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
701,950 | 110,307 | 812457 | |
| TOTAL Fl!NDS CARRIED FORWARD | 809,730 | 337 169 | 1~146899 |
| Total staff costs for th | e year for Covent | ry | Panahgha | r Project and Panahghar |
Safe House Lt | d were as follows: | d were as follows: | |
|---|---|---|---|---|---|---|---|---|
| GROIJP | CHARITY | |||||||
| 2022 | 2021 | 2022 | 2021 | |||||
| f | f | |||||||
| Wages and salaries Social security costs Other pension costs |
678,963 50,470 14,634 |
420,864 32,330 10,116 |
678,963 50,470 14,634 |
420.684 32,330 10,116 |
||||
| 744,067 | 463,129 | 744,067 | 463,129 | |||||
| The average monthly emoluments exceeding |
number ofemployees f60,000 during the |
during current |
the year was 21 (2020: or prior period. |
21)and there were no employees | with | |||
| TANGIBLE FIXED | ASSETS | |||||||
| CHARITY | ||||||||
| Furniture, | ||||||||
| Freehold | OAice | fixtures & | Computer | |||||
| COST | property | equipment f |
fittings f |
equipment f |
Totals f |
|||
| At I April 2021 Additions |
318,895 | 31,554 ~9907 |
131,275 ~10229 |
108,865 | 590,589 ~20 136 |
|||
| At 31 March 2022 | ~318895 | ~41 461 | ~141 504 | ~108865 | 610,725 | |||
| DEPRECIATION | ||||||||
| At I April 2021 Charge for year |
17,637 7 862 |
122,901 6 139 |
106,488 784 |
247,026 14785 |
||||
| At 31 March 2022 | ~25 499 | 129040 | 107272 | 261,811 | ||||
| NET BOOK VALIJE | ||||||||
| At 31 March 2022 | 318,895 | 15 962 | 12 464 | 1 593 | ~348 914 | |||
| At 31 March 2021 | ~318 895 | 13917 | 8374 | 2,377 | ~343 563 |
| DEBTORS:AM | OUNT | S FALLING DUF. | WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|
| GROUP | CHARITY | |||||
| 2022 f |
2021 f |
2022 f. |
2021 f. |
|||
| Trade debtors Other debtors Amounts owed |
b& group undertakings | 87,240 217,879 |
96,249 65,552 |
87440 215,915 23,976 |
96,249 65,063 25,552 |
|
| 305,119 | 161,801 | 324,327 | 186,864 | |||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| GROLIP | CHARITY' | |||||
| 2022 f |
2021 f |
2022 f |
2021f | |||
| Taxation and social security Accruals and deferred income |
18,452 146,843 |
8,949 41,977 |
3.896 142,153 |
1,514 35,239 |
||
| 165,295 | 50,926 | 146,049 | 36,753 | |||
| ANALYSIS OF | GROUP NET ASSETSBETWEEN FUNDS | |||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Fixed assets Current assets Current liabilities |
funds f 348,914 642,824 ~165.295) |
funds f 396,841 |
funds f 348,914 1,039,665 ~165295 |
funds f 343,563 820,999 ~50926) |
||
| 826443 | ~396 841 | ~1223 84 |
~II 13636 |
| Net movement | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| At 1.4.21 | in funds | At 31.3.22 | ||||||||
| f | f | f | ||||||||
| Uarestricted funds |
||||||||||
| Coventry Panahghar Project-General Panahghar Safe House Ltd- Trading |
funds subsidiary |
809,729 ~33263) |
53,969 ~3,992) |
863,698 ~37255) |
||||||
| Total Unrestricted | funds | 776,466 | 49,977 | 826,443 | ||||||
| Restricted fends |
||||||||||
| Coventry Panahghar |
Project-Designated | funds | 337,170 | 59,671 | 396,841 | |||||
| TOTAL FUNDS | 1,113636 | ~109 648 | ~1223 284 | |||||||
| Net movement in funds, included |
in | the | above | are as | follows: | |||||
| Incoming | Resources | Movement in |
||||||||
| resoufccs f |
expended f |
funds f |
||||||||
| Unrestricted funds |
||||||||||
| Coventry Panahghar Project-General Panahghar Safe House Ltd- Trading |
funds subsidiary |
701,998 | (648,029) ~3992) |
53,969 ~3992) |
||||||
| Total uarestricted | funds | 701,998 | (652,021) | 49,977 | ||||||
| Restricted funds |
||||||||||
| Coventry Panahghar |
Project-Designated | funds | 848,670 | (788,999) | 59,671 | |||||
| TOTAL FUNDS | 1~550668 | ()~441 020) | 109648 | |||||||
| 18. | COMMITMENTS | |||||||||
| GROUP | CHARITY | |||||||||
| 2022 | 2021 | 2022 | 2021 | |||||||
| f | f | f | ||||||||
| At 31 March 2022, non-cancellable commitment for properties |
lease | 31,348 | 31,348 | 31,348 | 31,348 | |||||
| Lease agreements are subject to three |
months' | notice. |