REGISTERED COMPATr4W NuBER. 112712250 (England and W21es) REGISTERED CIIARttY NUMBER: 1011967 rt of the TrH5tee5 aDd n4ud¥ted FIA•nci#I St#ternents for the Ye*r Ended 30th tember 2021 for Stothard Road Scherne Limtted 8 Shcwt¢ Offic¢ Village Shewte Lane Sheffidd South Yorksbire S9 ITG
tothard Road Scbeme limiled Contents of tbe Fm#tttial Statsments .the Year Ended 30tah Se tejllber 2021 Page Report of the Trusttts IndepeDdent EiamiDer's Report St4tement of Ftngncial Adivits Balance Sbeet Notes to the StatsMeAts Detalled Statemellt of Fin*#¢ial Activities 15
Stothayd Road Stheme Limited rt of the Trnstee5 ror the Year Ettded 30th Se ternber 21121 The Tnjstees who are also Director5 of the charity for the purposes of the CoTnpani¢s Act 21M)6. bere present their reFM)rt ith the finallcial statements of the charity for yw ended 30th September 2021. The Trustees have adopted the provision5 of AccouDtiuu alld Reportiug by clties. Stateukellt of Recommeuded Prnciice applicable io chatities prepari their a¢ts ]]] a¢¢ordatte with the FiEffjKial Repotting Statrjard opplicable iti the UK and Repub]i¢ of trelaThd (FRS 102) letre¢tive l January 2015). OWECTIVES AcrIvrrIES Objertii'es and 2imS The Charity's obje¢ts ore to provide sheltej ac¢omm(th¢)n and r2r¢ for mle with physica] andlor tnentsl impairnient. The Trustees believe there is ou on-gotog t)eed for such pnjvision in the community, and are cornrnitted to thi5. The service provided by the Charity is for the public ben¢fii the TnLStees o)nfinn that th¢y a¢t in or(latt¢e with the CommisSiOll'5 Public Benefit Guidancewhen making deCl0S. AClllEVELMENT AfiD PKRFORIWCE Background Accornrnodation is provided for lline athth residents at sloth Cou¢ 45 Stothard R¢ Crooke8 Sheffiel¢L Each tenant has his or het owi tenancy agree1nt the housing &swciatioD laTLdlord and owner of the bllilding, The Guillness Partnership. Under tbe tcrnjs of a MaDagellTht AgreellTht with and contracts with Sheffitld City Coun¢il to provide indiYidua]iscd 5erwc¢s. the Sche¢ provides h(HLsiDg aTrd suptK>rt services for tenallts. To do tbis, the Cbarity employs 4 members tsf staff to SUP[teallts itl their livu to eDable thetD to ltaIn all indepe]Mlent lifestyle. Our Management Aent wilh Guinlle&q bas been renewed fot a fier 3 yeats. Thith a&surallce fro the &8 to their on-going, long-terni cornmtttnent to Siothard Cowt The Tnjstees who n]ake up the man2gemellt ¢ommitiee glve their lime ou a volulllary basis. The Project Manager oversees the day-to4ay n]nning of the Scheme aDd is in.close ¢ou¢h with the Housing Association the Council to assist wth strdtegic and Eegutatory n)atters. He liais¢s between rAe¢s. sthff and telLts. The Project Managet 15 line-managed by the Chair of the Management Committee aod draws on the exwience of the otber tsustees to asstst Ivith different &spects of the WO of the charity. Key i5sue5 addressed during the yr This year has again been severely affected by the coroDavinLS pandemic. Followtng a sharply fo¢ussed risk ass¢ssmen( the Clty ha5 tsken & rnllge of stq to ullderpin the Tesi]ience of the orwisatsorL These include work to maintsin Taant and Staff safety" to mainlaiD accts5 to support staff tn the face of likely l]ucthatioD5 due to self-isolation or ilkne5S: to cteate a structure that reduce5 the of risk5 due to the absellceknvai]abi]ity of the Project Ikadet. 10 ¢otttinue foTward plaDllillg forthe Clwity. Tea#nt xnd Stiff $afety Tenant and Stsff safety is a PriOTity aud to date we have b¢eD succ&fill in avoiding a CoTODaTrvS ouÉbreaL The Project Leader, with the new Deputy. have estsblished a protocol den.vvj from CoronaviTLL8 public health guidelines, which Can be s¢aled to respond to the severity of the TWiona] pi¢ttu¢ or the particul CirculltanceS withill Stotl Court itself. This has be¢n arrived at tlLrougb comultatioo with tetwtts and stsff and been implernented with their agreement. We must continue to hope that this appr¢)ach will be able to cope with the need to contsin any ixwjividual case ofcoronavirus should that b¢ fte¢ded in the fiLtur¢ Helping tenanrs access sllpport activitie& n¥tnraintng goLMJ trI healti and belping them resume a independent lif¢ 5ty1¢, will ¢ootiou¢ to be apriority cball¢nge ¢)nc¢ we DlOV¢PaStthe restrictions of the l&si yw. Page I
sknthard Road Scheme limited of the Trnstees for the Year Ended 31Jth Se tember 2021 Resilient M4nggement $trnrtur¢ The TtUStee Management Committce decided to forward the 4)p)inbnent of a Dcputy Manager a5 a key way of addressing the risk that the Project Matjager lljight be abseni during this critic2[ Peri The Thjmmittee also assigncd $i1ficant conriJ2gency blldget to cover additiottal staff costs arisiJ)g from potential staff abseDce5 and tbe additioual work involved in recruiti8 and tiaining a new senior ap&K)tnthnL The outcome ha5 been the appoilltment of a very well qualified person whose experience mpleMents Ilw of the Ptojed MaDager. who is well regaTded by tenants and other staff, and who has a]ready ll]e a subsf2llti21 Colltnbtstion to helping run Stothard CoutL When reviewing the roles of both l¥oject Manager and Deputy. it becaTne clear that mu¢b of the ganiSing, deyelopmellt alld stsategy that was aSs(lated with the ruDDiDg of the Chlty Ètself. rnther than simply supponing the delivery of the WO of Stothard Collry Itad been devolved to the Project MaDager. It was decided thai this needed to be recognised fomnily. Both role title, a[ salary cosw sbould reflect tbe woEk required to supp)rt the operdtion of the Charity itself alongside the ongoing delivery of Stothard CO tenant S)rL With that in mind, there was a resttuclutc of wemellt staffillg. The senior Tole would become P)ect Mallager and Executive Officer to the Mallagernent Committee. The Dq)ury wollld proNide skilled cover fw tbe Project Mallager within Stotbard Cou¢ and be able step up to the more seoior rolt shOd that be The full Structure is still evolving and 1] continue to have cost tn4)licatioDS for the C]JaTity. The next year Trill see a grea*r Charity fuTrds input to ¢over initsally a tr8iJJing at admin catch up, followed by new focuse5 in teFs of forward plajmillg and h¢me developmenL Ongoiog performance The front-line seryice delivery eoDtinucs to evolve cornbiDing the elauents of illdividualised services thI"ll a scheme-based seThTrcc. Staff deliver fair, Yalue foi TllODCy 5ervi¢es within fundll)g COTJmints. The Charity contille5 to llwhage extrd pressur&8 relatiDg to an agei]Jg tenant gtoup with redu¢ing levels of fan)ily suppon. We continue to eDCOUW alld support tenants to develop in wort community engageD]ent and IT skil]s. Tenants have regular ttteetings w%th the Project MaT]ager and other stsff members are enCOurdg to be involved in tbe runlling of the Scheme. They are also iepresented at Maoagemertt Committ¢¢ m¢etings. Supported tenant activities MKial events and outings. This year we were unable to facilitate a group holiday for tellallts but each teJwiÈ was supwbrted day tsips and evenit)g a1vItieS. The Cbarity will £ontitll to help provide opportunities that would llot DOtEtklly available but may bave to do tbis in a more c05t-effective way withi)ut large scale financial iDPUt. Platlned cyclical improvemellts to the fabric of Siothard c(m saw tDinirnum progress. Mi)dern energy eificsent upgrade of the ligbiing is still perAdin& In the coming ytsr the Guin1 Partlla5bip COTllTnitted to tellaut kitchen upgrades and renewal of areas of feocit)g around the biD Store and aTa8 of cxleLn31 wo(xl cladding. A si]fiallt Concern which we cannot allow to impaa on TeJaTtt secty. is the outdated wardEll call alami system. Pendants aDd other pans ar¢ increasingly difficuii to repixe. We ate wothu with Guinness to arrange an appropriate replacemenL FINANCIAL REVIEW Income 8nd Investments The principal funditig s0ceS are Sheffield Social Care fimthn& a i[IthI8jlY for each te]thul depending their needs augmented by serrice charge elements claimed by each tenani through Houstng Benefft. In addition, frorn April 2017 2nd thIll the tern of the updated anag¢ent agreeillellt {2021) wttb Guimiess it is agreed that the Charity relain 25¢/o of the Rellt Cbarge king the Agent's Manage1 Fee and 4Q/o bemg the Void and Bad Debts Allowance. The tnvestmcnt p)licy ts to secure the TnaximuTn with the minimwn level of TISE In consequ¢n¢e, a significant proportioll of SULylus fidS are invested in liquid dqlt ac¢oonts with CCLA Investment Management Limited (COIF Charities Dcposit Fund). Many ye5 ago. £390.( was illvestd in a varidy of separdte investTnent fun¢ls with CCLA. The return oll investments over the has vari to market ¢ondition% but the TnLStees consider tbi5 to have been satisfactory. Financial security The accumulated funds of the chaTit! at 30th SwtL7DbEf 2021 are shown in tot21 in the Balance Sheet on page 7 and det2ils of the restricted fi]nds are shown in 1¢ I l. Un[trICa funds amounwi to £739.778 and the trSt¢eS consider thls to be sutTJctent to safegllard the activiti&%. Page2
Stothard Rfyad prtf the Trn5tees th(E.nded 311th 8eJtember 202 or FUTURE DEVELOPMENTS The key focu5 for the Charity llIa1$ the oll-goiE]g sustsiTrability of the 5ervic& The Charity already Commits funds to ell5u that we continue to provirf and wb¢r¢ possible iJDprov4 cate foE our tella] as bjttdiug strean)s Con under increasing presswe. With ¢oJ)tsnuing confidence in our rtsilient fiDaDcial positi gether tbe opportynities optning llp following the management restrllcture and new appointtDenL the charity wll be r¢vi¢wing its forward pl8nniDg. This will be in the light of the ageing profi]e of cuTTe tellaDts. changes in the dowaphit atjd JJge of needs of FK>tential new tenallts, the capacity of staff8 levels alld skills profile tts deal with new cha]leDges, variabtlily in thc nature and level of public funding to SUPPOrt independent living and the potential of further changes in the larger econornic climate. We will Dtske a c05ted review alld impaci a&sessmeni of ways of creating and supporting iDcreased capacity for the service the chaTity providrs. This wll ix accomptiid by wth to the potential for extra tenant Units either on site orne3Y. Development of a new website will aim to rdise awarentss of this wort publicise the Sch¢e Tnore wi¢kly and provide a shop win(low forprospective tenants, sraff or Tn]slees. The Chariry expects to set a budget to 5UPW>rt the developllKnt costs. fimded fro its iDNtsttllellt illcome. The intentio will therLbe to establish 8 stable longtertn futKlingbase linked t0blIC fimthttg sup]x)rt forindependent livin STRUCTURE GOVERNANCE MANAGEMENr Coverning docurneDt The CK3rity is controlled by its governiD¢W naelY its Articles of A&Wi10 tting a limited compally. limited by gualalltee, &s defined by the Cow"esA¢ts 1985 and 2(Xkn. RecruitiDellt and appoiDtmettt of Dew tn tn additioll to tbose MeberS who are the Articles of Associatioj) provide for the al2] app02ntment of independent trusiees. There is a lleY for the wuitmeoi of thjstees with refertte to the Schemt's Equality and Diversity Policy. The indu¢tion and trainjng of new kni. colL)prises meetxngs wtth existing Inty sLiff and tenants, to explaiD the nature of tbe S¢heme. its wothg and prwedrn AU Tnlee$ bave signed a C(Mle of Conduct re]ative to their service. The Chariry ¢olliirtues its sear¢h to expand the skills and diversity of its Board of Tn]ste&8. Four meetings were beld during the peti(Kl in¢luding the A181 Gtntral MtttSti& Risk managemettt The Tnxslees have a dty to 1dÉtify and review the risks to whicb the Scheme is expose(L This is dolle 8nllually to tllsu that appropriatc controls are in place to prevent fra1 and pl the renewal of en1wed Disclosure and Barring SeNice checks when appropriate. REFERENCE ADMINI.¥TRATIVE DETAItS Registered Compaoy llujnber 02712250 (England and Wales) Registered Charity llmber 1011967 Registered otfi¢e Stothard c.ourt 45 Stothard Road ShetTJeld South Yorksh3re SIO IR Trustees CGDean Mrs M Goddard Mrs N E Rose Iresi8lled 5.721) Mrs J A Tippett JPTGrallt P J Slater Mrs K RyaD-MuTrdy (appointed 5.721) Page 3
Stothard Ro*d Scheme limrted for the Year Ended 30th Se tember 2021 REFEREl¥4CE AND ADMINISTRATtVE DETAIiS Company Secretarv CGDean Jndependtllt Examiner Hewson & Howson 8 Shepcote Office Village Shepcote Lane ShetTield Soutb Yorkshire S9 ITCI Approved by order of the Fmmrd oftruste¢s on. and signed OD behalf by.. C G Dean- Tnjstee Page 4
rtto the Trnstees of Stothard Rd Scheme Lirnited Independent exanthier's report to the Irustees of Stotb#rd Road Scheme Limited ('the CotNPDY) rq)ort to the (Ilty tn OD my examinOll of tbe accou of the Cornpally for the year eDded 30th Sept¢mber 2021. Responsibilitie5 and basis of report As the charity's tTUStees of thc Company (a1 akn its dirE¢tors for the Puryse$ of company knv) you are responsible foT the prepardtion of the accounts in ac¢ordall¢¢ with thewulrtrtt of the Companies Act 2(YJ6 {the 2(K)6 A¢V}. Having satisfied n)yse]f that thc a¢¢ouuts of the Cowy are not required to be audit•J w)der Part 16 of the 2006 Act aDd are thble for independent examinatt0 I wrt in res[[ of my examitjatioll of your cbaritys attounts as &vried out ullder 5e¢tion 145 of the Cbaritie5 Act 2011 I'the 2011 Acv). caThying out rny examination I hav¢ followed the Directions given by the c}lty Conjroission LderSeCtiOn 14515) (bl oftbe 2011 ACL Indeptlldent examiner's ststemeDt I have completed my examination. I confirni that matters have come to my att¢ntion in nneCtiOn with the eXalatiOn givillg ¢ Se io kheve: accountitig r¢c¢)rds were uotkep¢ ill res of the Cc4JJp2ny requird by section 386 of tbe 2006 Act; or the accounts do nol accoid with those records." or the accounts do not comply vrith the accouniing reqllitts of section 396 of the 2006 Act other than any requirement that the accots give a true and fair view whicb is tl a matter CQTLEid¢fftl &$ part of indepettdent examination. or the accoullt5 have TJOt Tren prwoj m accord¢ with the meth(NJ5 and PT]Jkciples of thE Ststement of ReeomD]ellded Prarfice for accouuting aod reporting by charities (applicable to charities prepaTSng their accounts in accordance with the Finallcial Rq)tstimg StaTrdaFdappcab1e in the UK and Repllblic of Ireland (FRS 102)). I bave no COD¢erns and have corne a¢toss other ItttS in connection with tbe ¢xamiDation to which atterttion should be drawm in this report in order io enable a properv1¢tsdlns ofthe accounts to be reach&L tan J Hewson Hewson & Howson 8 Shepcote Office Village SILep¢ote lane Sheifjeld South Yorkshire S9 ITG Pagc 5
Stothard B.oad Scheme Limited Statement of AttiTrrytses for the YvAr Ended 30tIt tember 2021 30.9.21 Uurestricted fud$ 30.9.20 Totsl funds INCOME ENDOWMEf7S FROM Charitable actiThryties Support charges 70,9SO 71,691 Inve5ttlleni income 8JS4 8,652 Total 79J04 80,343 ExPENDURE ON Cbrit#ble actiTrryties Direct costs of support servi¢e8 to teDanis 8&094 77,938 Net gaitis on i)estents 117ffi62 68,336 LNET INCOME 10&872 70.741 RECONCILIATION OF FUNDS Total funds brought fornrd 919219 848,478 TOTAL FUYDS CARRIED FORWARD 1.02&091 919,219 The notes fortll part of these firLantial staterncllts
Stothard Road Stherne Lamited BalaDce Sheet 311th Se --utember 2021 30.921 Unrestricted runds 30.9.20 Totsi fwids Notes FIXED ASSETS Tgible assets InveStllnts 1.790 934.839 2,695 817.177 936,629 819,872 CURRENT A&SETS DebÉor5 Cash at baDk 5251 8,466 94,787 96.137 103,253 CREDITORS Amounts falltng due within one year io (4.675) {3.906) NET CURRENT ASSETS 91.462 99,347 TOTAL ASSETS LESS CURRENT LIABILtTIES 1,O2&091 919219 NET ASSETS 1,O2&O91 919.219 UI¥DS Unresiri¢ied faS.. General fimd Void Reserye (DeSInted) Fixtures Repla¢eTnelltResL¥ve IDesigDat¢d) Property DeVelopent Reserve (Desi8llated) li 739,778 630.906 9,(M)O 15,000 264,313 1S,OIK 264J13 1.028.091 919,219 TOTAL FUNDS 1.028.091 919,219 The charitsble c(>mpany is enlided to ex¢wi¢)n from aw]it Srftion 477 of the Compantes Art 26 for the yeaT ended 30th September 2021. The rnembers have not required the eompany to obtain all audrt of its finla1 Statefjts for the year ended 30th September2021 ill aCcOrdat with Section476 of the co[llpa Act 2)6. The trustees acknowledge their rtspollsibikn.ties for (al eDsurill8 that tbe charitable COEDpally keq>s accoulltiDg Eea)rds that cowly with SectiOs 386 alld 387 of tbe Compallie5 Act 2006 aud prepatiri8 financial thterneots whT¢h give a tsue and fair view of the of affai of the thaTitable company as at the end of each financial year and of its surplus ot deficii for each finallciai yeat iu accordaDce with the requir¢ents of Sections 394 alld 395 and whÈcb otberwise coynply with the Rquitrtnents of the coPaniC5 Act 2006 relating to fsnaucial stat¢ents. so far as app]icable kn the Cb8"(able cowy. (b) The noies forni rtof these finatiial sratements Page 7 contiDlle&..
toth#rd Road Sthem BlaDte Sheet- continued 30th tember 2021 These finaueial srat¢menL bave bc preped in accoFdanc¢ with the pmvisions app]icabl¢ to c11able cornpanies subjcct to the small compwlles regime. The flnancial statemellts weT¢ appoved by the Boatd of TTrceS ajjd authotis¢d for issue on i..lry } >.tr............. and were SIgll on its bthf bT. C G Dean. Trustee M Godd8id- Tn]s¢¢e The nots form of these fmancial 5tstements
Stothrd Ro#d S¢beMe tAmited N•)tes to tbe WinaD¢ial Ststements for tbt Year EDded 30th tember 21121 AccolTING POIICIES Basis of preparing the fin¢11 st#temettts The financial statetllent5 of the ¢haTitable Company. which is 2 tAthlic Enefit entity under FRS 102, have been prepared in accoidallce with the ChaTilies SORP (FRS 102) 'AccouDting and Reporting by Ctwities." Statement of Re¢oTnmended PAttice 2pplitable to eharities prepariTrg their accounts in accordattce with the Financial Reporting StsndaAI applitable ill the UK and Republic of Irelalld (FRS 102} (effective l January 2019).. Finan¢ia] Reporting Stsndard 102 The FÈnaDcial Reporting Stslldard 4w]icable in the UK and Republi¢ of treland, and the Companies Act 2006. The financial 5tstettThts have beeu prepared under the historical cost cottveniion. with the exceptkon of investments which are included * matt value. as mcdtfied by the revaluation of certaiD &8sets. Intome All income 15 recoguised in the Statement of Finall¢ial Activiiies 0]e the cljan.ry ljas entitlelllt to the fids. it is probthle that tbe will be Etteiwl andthe amount ¢ao be measwedTe]iablv. Expendithrt Liabilities are ogniSed as ¢xpen¢Jitllre as so¢)rL &8 there is a legal or colkstructtve obligation colljmitting the ¢knaTiTV to that expxttditllte. it is pn)bable a transfer of economic knefits svill be wired in settleellt and the amowit of the obligation eaD be reliably. F4nditure is aCcou[ed for oll an ac£rua15 basis and has been classified der headings that aggregate all cost related to tbe category. Where costs callnot be directlv attributed to particular heAdings they have been allocated to activitie5 oll a basis collsistent with tbe use of resoles. Alloetion and apportionment of tosts AII costs are attrtbutable to the General Fund. TbeTe is Do appornotunent of c4)sts to the other fimds. Tangible ffied assets Dq)reciation is provided at the followiDg aDuual rat&% ill oth to te off each asset over its estimated useful life. Fixwres and fitting5 33Yo OIECOSt Impairment of assets At eacb reporting date fixed a&%ets aTe review to dete[D whether there is any indication that tIM)se a&sets have suffered all iwaillneDt lo&%.Ef tbere is an illth"cation of l&s1b]e inwairJJeDL the recoverablc alnoullt of ally affected asset IS eStirnled aud comparvj with its carrying 8ttwunL If e¥3mated [0Verable utM)unt is lower, the caTryillg amoullt is reduced to its esiiomed recoverable amount and an ]Mpairent 10&8 is recog]ised irDmediately in profit or loss. If an impair01t loss sllbsequently reverses, the ralrying allll1 of the asset is tllcrcased the revised estimate of its recoverable amOl but not in excoss of the amouut that would have been ddetmined had no impairment loss been recogt)ised for the in or A Ther5 of all in]pai¢t 1055 i5 cogniSed inunediately in profil or los T#x#tio Tbe charity is exempt from CoTalonI on its cljaritable activitiek Fwid aecollnting Unrestricted funds can be used in accord8C with the clwi"table (knie(ives at the di%retion of the lrnstees. Restrieted fi]nds agn ODly be ed foT particular testrict&l purposes withto the objttts of the charity. Restrictions aris¢ when specified by the donor or when fid5 are nised for parna]larr¢stricted purposes. Fher explalhation of the nature aDdpu4x)5e of filllS Ild in the notes to the financial statements. PeD$loll costs and other post-retiremellt benefits The eharitable company operdÉes a defined lItrib)ti0n pensi¢)n scheme. Contribution5 payable to the chaTitable ¢ompany's [nSIOn 5chfflne aze chad to the Ststementof FiJ)aDcial Acfivilie5 inthewicrfl to which tbey relate. contiDue<L..
Stothard Road Scheme idmitsd Notes to the FinaDci31 Statements- conlinlltd fffvr the Year Endtd 30thSe tember 2021 ACCOUNTING POLICIES- contknlled Currellc> presentalfion The financial statements aye presented in Sterling (£) which is the filltIOnal currency of the company. Monetary aowunts io tbese filwl21 statements art rounded to the nearest L Financial instrllmeots The eornpany b&s elected to apply the provisions of Section I I "Basic Fillancial ItrU1tts. alld Section 12 "Other Fknancial IDstruEnents l&sues" of FRS 102 to all of its Kial IDst[Uents. Fiiwicial ]nsttutnents ate TecogDtsed itl the compan$ balance sbeet when it b#onTh pty to the Contracttl provisiolls of tbe iustnmenL Financia] &ss¢ts and liabiliues are offs¢L with the net amounLS presented in the fmancial st2t¢m¢nts, wh¢n there is a legally enforceable right to set off the recogjjised aro(xmts and there is an intention to settle on a net b&sis or to Teabse the and settle the li3btlLry Simlltts$ly. IP4VESTMENT 1Tr4COME 30.9.21 30.9.20 Deposiia¢c0t iterest 8J54 8.652 NET INCOMEIIEXPEf4DrriSRE) Net It(eXpendItiI is stated after cFwgl(crediting)'. 30.9.21 30.9.20 Depreciati¢)n- owned assets 2265 5.318 TRUSTEES. REMUNERATION AI¥D BENEFfp3 There were no tnLsices' reJnuttcraLton or other bellefits for tht year ettdtd 30th Septhkn 2021 nor for th¢ year ended 30th September2020. Trnstees, expenses There w¢re rto tn]stees' expenses paid for the year ended 30th September 2021 nor for the ye2r ended 30th September 2020. STAVF COSTS The average m(mthty nuMOr enlOyeeS durtng theyearwas &s follows: 30.921 30.9.20 Sllpport workers ManageTnent ¢trordinatorlProje(manager No elnployees received emolwnents in exc of£frf).(. No eD]ployee teceived ¢1)hDEnts of llLOTe thau £60.IXKI. Page io conttnu£(L..
StothArd Road Yote5 kn the Finattti31 Ststements- eontinoed for the Ye#r Eded 311th Se tember 2021 COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVTIIES Unrestricted INCOME AND ENDOWMENTS FROM Charitable actiTrrytie5 Support charges 71.691 Inves1e11t tncome 8,652 Total 80,343 EXPENDITURE ON Charitable a¢tiviti¢s Direct costs of support service5 to tenattts 77,938 Net gains on iVllents 68,336 NET INCOIllE 70.741 RECONCILIATION OF FULII)S Total ndS broughl forward 848,478 TOTAL FbTr4DS CARRIED FORWABD 919,219 TANGIBLE FIXED ASSETS FiKtures fitttngs COST At 15k (ktober 2020 Additions 38,096 RJ60 At 30th SeptellthEr2021 39,456 DEPRECIATION Ai 1st October 2020 Charge for year 3S401 1,265 At 30th September 2021 37,666 NET BOOK VALUE AI 30th September 2021 1.790 Ai 30th September2020 2,695 Pageli continued..
Stothard Ro¥d S¢hem¢ Notes to the FInacIal StsttmeDts- cOntilled for the Year Ended 30th Se tember 2021 The on]y invcslment is in the Chatiiies Officia] tnvesttlleDt Fund Aumulatio Share& The historical c05t of the investhient is £390,IM)0 {2020.. £390,¢MKI). DEBTORS: AMoiJf4TS FALLJNG DUE wrrHIN ONE YEAR 30.9.21 30.9.20 A¢clld incorne Prepayments 4,629 3.837 4367 52Si 8.466 io. 30.911 30.9.20 Other Creditth 4.675 3,906 ii. IOVEMEf4T IN Fuf4DS Net movemenl in fim(Ls At .10.20 At 30.9.21 UDrestri£ted funds futld Void Reserve (Desiguat&l) FixEureE Rq)lacellKLt Reserye (Desigllated) Propety DeYelopEtTht Reserve (Desigtlated) &10,906 9.000 I.872 739,778 9,000 15,1)00 W13 264J13 919219 108,872 1,02&O91 TOTAL Fuf4DS 919219 Ill82 1,02&1191 Net ll)ovement in funds, included ID the al)ove aTe as foll Incoming Movejnent in funds 10&8eS Unrestricted fund5 Gener81 fund 79304 094) 117.662 108.872 TOTAL FUYDS 79J04 (8&094) 117,662 108.872 Page 12 continued...
Stvtbard Yotes to the FinaDcial Staternents- continued forthty F.Dded 30th Se . atember202J ii. MOVEMEl%ry Ir4 FUNDS. cDlltÉnued Comp4ratives for movement in fuDds Net movernent in funds At 1.10.19 At 30.9.20 Unrestricted frd$ General fund Void R¢seTr'e {Desited) Fixtures Repla¢ement Reserve (Designaiedl Properry Development Reserve (Desited) 560,165 70,741 630,906 15.(M 15,0(Kl 264.313 264,3 13 848,478 70,741 919.219 TOTAL FUNDS 848.478 70,741 919219 Cowtive net moYen)ent in fuods, included inthe abtsve are as follows: Gains aud lo&*s Movement in funds exnded Unrestricted fuDds Genetal fund 80J43 177,938) 68J36 70,741 TOTAL FUP4DS 8OJ43 (77,938) 68.336 70.741 A cumt year 12 atwj prior year 12 nM)tyths combined p)sitiOn 15 as follows.. N¢t movement in filllds At -10.19 At 30.9.21 Unrestricted fu5 General fund Void ReseTrc (DesigH21ed) Fixtures Repla¢¢ment Reserve (Desiguated) Property Development Reserve IDe5ignated) 51)0,165 179.613 739,778 9,000 15,(KKI 15.000 264.313 264,313 848.478 179,613 1.028,091 TOTAL FUNDS 848.478 179,613 1,028,091 Pag¢ 13 conlinue&..
Stoth#rd Rod Scheme timAt¢d Notes to the Trlnattcil Ststements- continll for the Yr Ended 30th Se tember 2Q21 ii. MOVEMENT IN FUNDS. eDlltÉDued A current ytrdr 12 months and prior year 12 mcthS ¢ombiued net movement included in aEx)ve are as follows.. Incorning Gains and lo&s Movement xpended UMrestrA¢ttd funds General fi]nd 159,647 (166,032) 185.998 179.613 TOTAL.FUNDS 159.647 {166.032) 185.998 179.613 12. RELATED PARTY DISCLOSURES There were no rel*ed w transaciions forthe yearend&l 31hh September 2021. 13. ULTbMATE CONfROLLING PARTY No paryhas oUttbl¢0ntto1 of the chority. Page 14
Stothard Road Scherne lillxtted Detalled StstemeDtrfFrnancial Activith for the Year EDded 30th Se ternber 2021 30.9.21 30.9.20 INCOME AND EF4DoW.(EP4Ts Investment income Dtposit accoullt interest 54 8.652 Charitable aetivities Tenant rent & service cbarges Tenant s(la1 care 32328 3&722 35,442 36249 71,691 Total incorning resources 79J 80J43 EXPENDrruRE Cb#rit%ble aetivities Wage5 Pensions Tenant activity contriblltions Repairs attd renewals Warden call ¢harg¢5 71.836 903 1262 3,868 1,474 57253 I,W3 1,497 3,159 1,474 79J43 65286 Admiaistr8tion costs M4n8gemeDt Insurance Telephone Postage alld ststionery Consultancy Sundries Stsff training Depreciation of tangible [ed assets 1.461 1105 405 170 1.422 2,142 433 780 386 370 5J19 2265 891 10,852 Fin%DCe Bank chargt GoYerngn¢¢ costs Ac¢oun&ncy 1.81M) 1.800 Total resour¢&% expeuded 8&1194 77,938 Net (exPellditureY¢tsMe (&790) 2.405 Thi"s page doests)t fonn of tht statsttory fiDancial ststeDMts Pagt 15