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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent
Auditors|7|to|10|
|Statement ofFinancial Activities||||
|Balance Sheet||12||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||14||
|Notes to the Financial Statements|15|to|24|
|Detailed Statement ofFinancial Activities|25|to|26|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||325,823|10,000|335,823|293,101|
|Charitable
activities|||||||
|Relief ofPoverty|||19,185||19,185|16,733|
|Other trading activities|||53,128||53,128|39,647|
|Investment
income|||10+61||10+61|10,453|
|Total|||408,697|10,000|418,697|359,934|
|EXPENDITURE ON|||||||
|Raising funds|||5,510||5,510|2,156|
|Charitable
activities|||||||
|ReliefofPoverty|||396/52|45,690|442,642|491,919|
|Total|||402&462|45,690|448,152|494,075|
|NET INCOME/(EXPENDITURE)|||6,235|(35,690)|(29,455)|(134,141)|
|Transfers
between funds||16|3,831|(3,831)|||
|Net movement
in funds|||10,066|(39,521)|(29,455)|(134,141)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought
forward|||347,004|159,447|506,451|640,592|
|TOTAL FUNDS CARRIED FORWARD|||357,070|119/26|476,996|506,451|
||BALANCE SHEET
31MARCH 2023|||
|---|---|---|---|
|||2023|2022|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|12|79,776|85,107|
|CURRENT ASSETS||||
|Debtors|13|23/48|21,435|
|Cash at bank and in hand||388,630|424,784|
|||411,978|446,219|
|CREDITORS||||
|Amounts
falling due within one year|14|(14,758)|(24,875)|
|NET CURRENT ASSETS||397420|421,344|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||476,996|506,451|
|NET ASSETS||476,996|506,451|
|FUNDS|16|||
|Unrestricted
funds||357,070|347,004|
|Restricted funds||119,926|159,447|
|TOTAL FUNDS||476,996|506,451|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||(35,821)|(132,568)|
|Net cash used in operating||activities|||(35,821)|(132,568)|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(333)|(5,967)|
|Net cash used in investing|activities||||(333)|(5,967)|
|Change in cash and cash|equivalents||in||||
|the reporting
period|||||(36,154)|(138,535)|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||424,784|563,319|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||388,630|424,784|
##
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|RECONCILIATION
OF NET E
ACTIVITIES|XPENDITURE TO NKT CASH FLOW|FROM OPERATING||
|---|---|---|---|
|||2023|2022|
|||K||
|Net expenditure
for the reporting|period (as per the Statement of|||
|Financial Activities)||(29,455)|(134,141)|
|Adjustments
for:||||
|Depreciation
charges||5,664|6,542|
|(Increase)/decrease
in debtors||(1,913)|818|
|Decrease in creditors||(10,117)|(5,787)|
|Net cash used in operations||(35,821)|(132,568)|
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||At 1/4/22|Cash flow|At 31/3/23|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|424,784|(36,154)|388,630|
||424,784|(36,154)|388,630|
|Total|424,784|(36,154)|388,630|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||Donations||||293,939|143,637|
||Grants||||41,884|144,097|
||Government
Grants|||||5,367|
||||||335,823|293,101|
||Grants received, included||in the|above, are as follows:|||
||||||2023|2022|
||Other grants||||41,884|144,097|
|3.|OTHER TRADING ACTIVITIES||||||
||||||2023|2022|
||Shop income||||53,128|39,647|
|4.|INVESTMENT INCOME||||||
||||||2023|2022|
||Rents received||||8,627|8,860|
||Interest on cash deposit||||1,934|1,593|
||||||10,561|10,453|
|5.|INCOME FROM|CHARITABLE ACTIVITIES|||||
||||||2023|2022|
|||||Activity|||
||Other income|||ReliefofPoverty|19,185|16,733|
|6.|RAISING FUNDS||||||
||Raising donations|and legacies|||||
||||||2023|2022|
||Collection agency fees||||965|1,460|
##
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||Other trading
activities|Other trading
activities|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Bad debts||||150||
||Fundraising
costs||||4/95|696|
||||||4,545|696|
||Aggregate|amounts|||5,510|2,156|
|7.|CHARITABLE ACTIVITIES COSTS||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 8)|Totals|
||Reliefof|Poverty||433,660|8,982|442,642|
|8.|SUPPORT COSTS||||||
|||||||Governance|
|||||||costs|
||Reliefof|Poverty||||8,982|
|9.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)||is stated after charging/(crediting):||||
||||||2023|2022|
||Auditors'|remuneration|||3,552|3,319|
||Auditors'|remuneration|for non audit work||888|845|
||Depreciation
-owned assets||||5,664|6,542|
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|STAFFCO|STS||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Wages and salaries|||||302,500|320,850|
|Social security costs|||||16,146|17,868|
||||||318,646|338,718|
|The average|monthly|number ofemployees||during the year was as follows:|||
||||||2023|2022|
|Mental Health|||||2|2|
|Open Centre|||||12|12|
|Community|Shelter||||7|7|
|Outreach|||||1|1|
||||||22|22|
|No employees
received emoluments|||in excess of$60,000.||||
|TANGIBLE|FIXED|ASSETS|||||
||||||Fixtures||
|||||Freehold|and||
|||||property|fittings|Totals|
|COST|||||||
|At 1 April 2022||||105,025|98,463|203,488|
|Additions|||||333|333|
|At 31March|2023|||105,025|98,796|203,821|
|DEPRECIATION|||||||
|At 1 April 2022||||29,400|88,981|118/81|
|Charge for year||||1,400|4,264|5,664|
|At 31 March|2023|||30,800|93,245|124,045|
|NKT BOOKVALUE|||||||
|At 31March|2023|||74/25|5,551|79,776|
|At 31March|2022|||75,625|9,482|85,107|
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|DEBTORS:AMOUNTS FALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|
||||2023|2022|
|Trade debtors|||2,238|7,360|
|Other debtors|||2,630|830|
|P repayments|||18,480|13,245|
||||23/48|21,435|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||YEAR|||
||||2023|2022|
|Trade creditors|||7,549|12,176|
|Deferred income|||98|6,000|
|Accrued expenses|||7,111|6,699|
||||14,758|24,875|
|ANALYSIS OF NET ASSETSBETWEEN FUNDS|||||
||||2023|2022|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|Fixed assets|5,551|74+25|79,776|85,107|
|Current assets|360,444|51,534|411,978|446219|
|Current liabilities|(8,925)|(5,833)|(14,758)|(24,875)|
||357,070|119,926|476,996|506,451|
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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1/4/22|in funds|funds|31/3/23|
|Unrestricted
funds||||||
|Operational
fund||116,956|6,235|133,879|257,070|
|Building Fund 2017||230,048||(130,048)|100,000|
|||347,004|6,235|3,831|357,070|
|Restricted funds||||||
|Building Fund||75,675|(1,400)|(50)|74,225|
|JCP Flexible Support Fund||2,504|||2,504|
|EU Mental Health|Project|9,717|||9,717|
|Canterbury
City Council Outreach||54,653|(34@97)||20/56|
|Kent Community|Foundation —Support|||||
|Worker||9,250|(1,526)||7,724|
|Kent Community|Foundation —Arts k,|||||
|Activities||3,639|(381)||3,258|
|Homeless Link Winter Transformation||||||
|Fund||4,009|(228)|(3,781)||
|National
Lottery Awards for All —Catching||||||
|Lives Kitchen|||2/42||2,242|
|||159,447|(35,690)|(3,831)|119,926|
|TOTAL FUNDS||506,451|(29,455)||476,996|
|Net movement
in|funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|Operational
fund|||408,697|(402,462)|6,235|
|Restricted funds||||||
|Building Fund||||(1,400)|(1,400)|
|Canterbury
City Council Outreach||||(34/97)|(34/97)|
|Kent Community|Foundation —Support|||||
|Worker||||(1,526)|(1,526)|
|Kent Community|Foundation —Arts &|||||
|Activities||||(381)|(381)|
|Homeless Link Winter Transformation||||||
|Fund||||(228)|(228)|
|National Lottery Awards for All —Catching||||||
|Lives Kitchen|||10,000|(7,758)|2/42|
||||10,000|(45,690)|(35,690)|
|TOTAL FUNDS|||418,697|(448,152)|(29,455)|
##
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1/4/21|in funds|funds|31/3/22|
|Unrestricted
funds|||||||
|Operational
fund|||276,791|(136,448)|(23,387)|116,956|
|Building Fund 2017|||230,048|||230,048|
||||506,839|(136,448)|(23,387)|347,004|
|Restricted funds|||||||
|Building Fund|||77,075|(1,400)||75,675|
|Mental Health Fund||||(23,387)|23,387||
|JCPFlexible Support Fund|||2,504|||2,504|
|EU Mental Health|Project||9,717|||9,717|
|Canterbury
City Council Outreach|||44,457|10,196||54,653|
|Kent Community|Foundation|—Support|||||
|Worker||||9,250||9,250|
|Kent Community|Foundation|—Arts &|||||
|Activities||||3,639||3,639|
|Homeless Link Winter Transformation|||||||
|Fund||||4,009||4,009|
||||133,753|2,307|23,387|159,447|
|TOTAL FUNDS|||640,592|(134,141)||506,451|
|Comparative
net movement||in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|Operational
fund||||275,927|(412375)|(136448)|
|Restricted funds|||||||
|Building Fund|||||(1,400)|(1,400)|
|Mental Health Fund||||8,493|(31,880)|(23,387)|
|Canterbury
City Council Outreach||||38,998|(28,802)|10,196|
|Kent Community|Foundation|—Support|||||
|Worker||||9,250||9,250|
|Kent Community|Foundation|—Arts &|||||
|Activities||||3,975|(336)|3,639|
|Homeless Link Winter Transformation|||||||
|Fund||||23,291|(19,282)|4,009|
|||||84,007|(81,700)|2,307|
|TOTAL FUNDS||||359,934|(494,075)|(134,141)|
##
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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1/4/21|in funds|funds|31/3/23|
|Unrestricted
funds||||||
|Operational
fund||276,791|(130,213)|110,492|257,070|
|Building Fund 2017||230,048||(130,048)|100,000|
|||506,839|(130,213)|(19,556)|357,070|
|Restricted funds||||||
|Building Fund||77,075|(2,800)|(50)|74,225|
|Mental Health Fund|||(23,387)|23,387||
|JCPFlexible Support Fund||2,504|||2,504|
|EU Mental Health|Project|9,717|||9,717|
|Canterbury
City Council Outreach||44,457|(24,201)||20,256|
|Kent Community|Foundation —Support|||||
|Worker|||7,724||7,724|
|Kent Community|Foundation —Arts &|||||
|Activities|||3,258||3,258|
|Homeless Link Winter Transformation||||||
|Fund|||3,781|(3,781)||
|National Lottery Awards for All —Catching||||||
|Lives Kitchen|||2,242||2,242|
|||133,753|(33,383)|19,556|119,926|
|TOTAL FUNDS||640,592|(163,596)||476,996|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|Operational
fund||684,624|(814,837)|(130,213)|
|Restricted funds|||||
|Building Fund|||(2,800)|(2,800)|
|Mental Health Fund||8,493|(31,880)|(23,387)|
|Canterbury
City Council Outreach||38,998|(63,199)|(24,201)|
|Kent Community|Foundation —Support||||
|Worker||9,250|(1,526)|7,724|
|Kent Community|Foundation —Arts 8'c||||
|Activities||3,975|(717)|3,258|
|Homeless Link Winter Transformation|||||
|Fund||23,291|(19,510)|3,781|
|National
Lottery Awards for All —Catching|||||
|Lives Kitchen||10,000|(7,758)|2,242|
|||94,007|(127,390)|(33,383)|
|TOTAL FUNDS||778,631|(942,227)|(163,596)|
##
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|||FORTHE YEAR ENDED|31MARCH 2023||
|---|---|---|---|---|
||||2023|2022|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||293,939|143,637|
|Grants|||41,884|144,097|
|Government
Grants||||5,367|
||||335,823|293,101|
|Other trading activities|||||
|Shop income|||53,128|39,647|
|Investment
income|||||
|Rents received|||8,627|8,860|
|Interest on cash deposit|||1,934|1,593|
||||10,561|10,453|
|Charitable
activities|||||
|Other income|||19,185|16,733|
|Total incoming
resources|||418,697|359,934|
|EXPENDITURE|||||
|Raising donations|and legacies||||
|Collection agency fees|||965|1,460|
|Other trading activities|||||
|Bad debts|||150||
|Fundraising
costs|||4+95|696|
||||4,545|696|
|Charitable
activities|||||
|Wages|||302400|320,850|
|Social security|||16,146|17,868|
|Rates and water|||3,074|3,419|
|Rent costs|||18,000|18,000|
|Administration
costs|||77,588|76,381|
|Coordinator
and consultancy||fees|1+15|784|
|Repairs, furniture &equipment|||9,473|36,039|
|Freehold property|||1,400|1,400|
|Fixtures and fittings|||4,264|5,141|
||||433,660|479,882|
##
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||||2023|2022|
|---|---|---|---|---|
|Support|costs||||
|Governance
costs|||||
|Auditors'|remuneration||3,552|3,319|
|Auditors'|remuneration|for non audit work|888|845|
|Legal and|professional|costs|4,542|7,873|
||||8,982|12,037|
|Total resources expended|||448,152|494,075|
|Net expenditure|||(29,455)|(134,141)|