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2021-03-31-accounts

Directors/Trustees: Directors/Trustees: J McLaughlin (Chair)
P L Agulnik
GS Ballantyne
R L Berry
J Z Gibson
L Smith
Registered Office: 30St Giles
Oxford
OX1 3LE
Bankers: Barclays Bank
Cowley Branch
Oxford
Auditor: G L Cole FCA
Wenn Townsend
Chartered
accountants
30St Giles'
Oxford

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Note 2021 2020
Fixed assets
Tangible assets 10 69,790 78,905
Current assets
Stock 11 7,554
Debtors 12 38,568 90,318
Cash at bank and in hand 305,696 194,305
351,818 284,623
Creditors: Amounts falling due
within one year 13 (109,066) (96,889)
Net current assets 242,752 187,734
Net assets E 312,542 E 266,639
Funds
General funds 93,964 66,208
Restricted funds 14 218,578 200,431
Total funds E 312,542 E 266,639

2021 2020
Net cash flow from operating activities 16 117,310 60,789
Cash flows from
investing		 activities:
Purchase offixed assets (5,919) (32,797)
Net cash flow from investing activities (5,919) (32,797)
Change in cash and cash equivalents in the year 111,391 27,992
Cash and cash equivalents brought
forward		 at 1st April 2020 194,305 166,313
Cash and cash equivalents carried forward at 31stMarch 2021 E 305,696 E 194,305

Incom e from d onations
2021 2020
Cash donations receivable f 206,222 E 292,146

Analysis
o		 f expenditure
Other
Staff (including Total Total
Costs support costs) 2021 2020
Fundraising, marketing and development costs:
Direct costs 42,488 42,488 55,299
Support costs (see note 5) 12,256 15,584 27,840 31,912
E 12,256 E 58,072 E 70,328 E 87,211
Charitable activities:
Workshop labour costs 312,863 77,390 390,253 346,100
Purchase ofworkshop materials 68,252 68,252 79,078
Workshop maintenance 8,564 8,564 25,215
Support costs (see note 5) 64,378 92,291 156,669 180,001
F 377,241 E 246,497 E 623,738 E 630,394

Allocation ofsupport costs
Charitable Fundraising, 2021 2020
marketing
8		 Total Total
development
Office salaries
(including		 pensions) 60,546 12,256 72,802 85,786
Printing,
postage and stationery		 2,651 468 3,119 6,497
Rent and rates 9,478 1,672 11,150 13,758
Heating
and lighting		 10,192 1,798 11,990 14,128
Travel and motor costs 20,006 6,404 26,410 20,747
Depreciation 15,034 15,034 13,952
Insurance 15,691 2,766 18,457 18,312
Advertising 857 153 1,010 2,045
Telephone 2,331 410 2,741 2,900
Sundries
and training		 9,636 1,702 11,338 15,015
Legal and professional fees 1,196 211 1,407 10,275
Governance
costs (see		 note 6) 9,051 9,051 8,498
E 156,669 E 27,840 F 184,509 E 211,913

Governance
costs
2021 2020
Office salaries 3,832 4,515
Auditor's fees 3,084 2,940
Other 2,135 1,043
E 9,051 E 8,498

7. Net incom e
2021 2020
Net income is stated after charging:
Auditor's/Examiner's remuneration - audit E 2200 E 2,100
other work E 884 E 840
Depreciation of tangible
fixed		 assets (note 10) E 15,034 E 13,952
S. Trustees' and key management personnel remuneration and expenses

2021 2020
Gross salaries 357,071 298,575
Social security costs 24,561 19,005
Pension contributions 7,865 4,838
389,497 E 322,418
Average number ofemployees 21 20
Average number of full time equivalent employees 16 14

Tangible fixe d asse ts
Vehicles,
Improvements to plant and
leasehold property machinery Total
Cost
At 1st April 2020 48,251 157,856 206,107
Additions 5,919 5,919
At 31st March 2021 48,251 163,775 212,026
Depreciation
At 1st April 2020 27,415 99,787 127,202
Charge for year 1,660 13,374 15,034
At 31st March 2021 29,075 113,161 142,236
Net book value
At 31st March 2021 E 19,176 E 50,614 E 69,790
At 31st March 2020 E 20,836 E 58,069 78,905
Stock
2021 2020
Raw materials 7,554
E7,554
Debtors
2021 2020
Trade debtors 38,568 89,187
Prepayments and other debtors 1,131
E 38,568 F 90,318
Creditors: amounts falling due within one year
2021 2020
Trade creditors 20,271 21,415
Other creditors 23,562 8,709
Accruals and deferred income 43,332 47,097
Taxation and social security 11,251 19,668
Loan from Response 10,650
E 109,066 E 96,889

The restricted
funds of		 the charity are as follows:
At 1st Donations Expenditure Depreciation At 31st
April received in year in year on March
2020 in year capital items Transfers 2021
Workers Capital 3,360 (504) 2,856
Emergency
Appeal		 1,694 (412) 1,282
New Equipment 30,880 (1,511) (669) 28,700
Barn 24,660 («) (1,401) 23,243
Specific Equipment 47,497 (1,135) (1,621) 44,741
Staff Salaries 7,920 30,000 (30,000) 7,920
Staff Training 4,750 (2,717) 2,033
Raw Potential 22,994 77,200 (33,086) 67,108
Raw Store 7,812 7,812
Offenders
Program		 17,253 7,000 (19,729) 4,524
Transport 9,853 (6,952) (2,570) 331
Learning
Needs		 1,725 1,725
NEETS 3,606 (4,391) 785
Trainees 9,000 9,000
Wood Recycling 2,233 2,233
Biomass 3,750 3,750
Grounds
maintenance		 1,444 35,000 (25,124) 11,320
E 200,431 E 149,200 F (124,661) E (7,177) F 785 E 218,578
At 1st Donations Expenditure Depreciation At 31st
April received in year in year on INarch
2019 in year capital items Transfers 2020
Workers
Capital		 3,952 (592) 3,360
Emergency
Appeal		 2,178 (484) 1,694
New Equipment 34,112 2,000 (4444) (788) 30,880
Barn 33,374 (7,313) (1,401) 24,660
Specific Equipment 49,404 (1,907) 47,497
Staff Salaries 14,368 (6,448) 7,920
Staff Training 10,000 1,000 (6,250) 4,750
Raw Potential 44,550 (21,556) 22,994
Raw Store 7,812 7,812
Offenders
Program		 8,446 17,500 (8,693) 17,253
Transport 11,574 18,500 (16,794) (3,427) 9,853
Learning
Needs		 1,725 1,725
NEETS 15,610 (12,004) 3,606
Trainees 10,000 (1,000) 9,000
Wood Recycling 10,398 1,000 (9,165) 2,233
Biomass 3,750 3,750
Grounds
maintenance		 12,591 41,500 (52,647) 1,444
E 221,482 L 133,862 E (146,314) E (8,599) E E 200,431

Fund balances at 31st March 2021 are represented by:
Restricted General
funds funds Total
Tangible fixed assets 36,294 33,496 69,790
Net current assets 182,284 60,468 242,752
E 218,578 E 93,964 E 312,542
Fund balances at 31st March 2020 are represented by:
Restricted General
funds funds Total
Tangible fixed assets 42,088 36,817 78,905
Net current assets 158,343 29,391 187,734
E 200,431 E 66,208 E266,639

2021 2020
Net income for year 45,903 85,469
Depreciation
charge		 15,034 13,952
(increase)
in stock		 (7,554)
Decrease/(Increase) in debtors 51,750 (47,577)
Increase
in creditors		 12,177 8,945
Net cash flow from operating activities f 117,310 E 60,789