##
##
|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2 to 8|
|Statement
of Trustees'|Responsibilities||
|Independent
Auditors'|Report|10to 12|
|Statement
of Financial|Activities|13|
|Balance Sheet||14|
|Statement
ofCash Flows||15|
|Notes to the Financial|Statements|16to 27|
||||Vision Homes Association|Vision Homes Association||||
|---|---|---|---|---|---|---|---|
|||Reference and Administrative||Details||||
|Chairman|||Zoe Richardson|||||
|Trustees|||Matthew
Thomas Spencer|(resigned||25/01/2023)||
||||Malgorzata
Galbarczyk
(resigned
19/04/2022)|||||
||||James Rennie
Inglis|||||
||||Kathryn
Mary Coley (resigned||27/10/2022)|||
||||Zoe Richardson
(appointed|21/04/2022)||||
||||Virginia
von Malachowskl|(appointed||08/12/2022)||
||||David Hucker (appointed
21/04/2022,|||resigned|08/12/2022)|
|Registered|Office||TriGate|||||
||||210-222 Hagley Road West|||||
||||Oldbury|||||
||||Birmingham|||||
||||B68ONP|||||
||||The charity
Is incorporated|in|England|and Wales.||
|Company|Registration|Number|02756733|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted||Total|Total|
|---|---|---|---|---|---|---|---|
|||Note|funds
E|funds
f||2023
f||
|Income and Endowments||from:||||||
|Donations
and legacies|||42,381||||42,381|
|Charitable
activities|||2,601,208|||2,601,208||
|Investment
income|||8,113||||8,113|
|Other income|||92582||||92582|
|Total Income|||2,744,284|||2,744,284||
|Expenditure
on:||||||||
|Raising funds|||(8,107)||||(8,107)|
|Charitable
activities|||2,706,467|||2 706,467||
|Total Expenditure|||2,714574|||2,714574||
|Net income|||29,710||||29,710|
|Net movement
in funds|||29,710||||29,710|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||965,281|8,039|||973,320|
|Total funds carried|forward|22|994,991|8,039||1|003,030|
||||Unrestricted|Restricted||Total||
|||Note|funds
f|funds
E||2022f||
|Income and Endowments||from:||||||
|Donations
and legacies|||70,305||371||70,676|
|Charitable
activities|||2,466,649|||2,466,649||
|Investment
income|||2,758||||2,758|
|Other income|||34,080||||34080|
|Total Income|||2,573,792||371|2|574 163|
|Expenditure
on:||||||||
|Charitable
activities||7|2,545,808|2,034||2,547,842||
|Total Expenditure|||2545,808|2,034||2|547,842|
|Net income/(expenditure)|||27 984|1,663|||26 321|
|Net movement
in funds|||27,984|(1,663)|||26,321|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||937,297|9,702|||946,999|
|Total funds carried|forward|22|965,281|8,039|||973,320|
|All of the charity's|activities|derive from continuing|operations
during|the above two periods.||||
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Note|f|F|
|Fixed assets||||||||
|Tangible assets|||||14|28,547|37,729|
|Current assets||||||||
|Debtors|||||15|126,864|97,608|
|Investments|||||16|375,416|478,238|
|Cash at bank|and|in hand||||609 568|558,938|
|||||||1,111,848|1,134,784|
|Creditors: Amounts|||falling due within one year||17|137241|199,069|
|Net current|assets|||||974 607|935,715|
|Total assets|less|current||liabilities||1,003,154|973,444|
|Creditors: Amounts|||falling due after more than one year||18|124|124|
|Net assets||||||1 003030|973,320|
|Funds ofthe charity:||||||||
|Restricted funds||||||8,039|8,039|
|Unrestricted|income||funds|||||
|Unrestricted|funds|||||994,991|965281|
|Total funds|||||22|1,003 030|973,320|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Note|F|6|
|Cash flows from operating||activities|||||
|Net cash income|||||29,710|26,321|
|Adjustments
to cash flows||from non-cash|Items||||
|Depreciation|||||18,431|26,845|
|investment
income|||||(8,113)|(2,758)|
|Loss on disposal oftangible|fixed assets||||68||
|Amounts
withdrawn/(invested)|||||102,822|2 690|
||||||142,918|47,718|
|Working
capital adjustments|||||||
|Increase
in debtors||||15|(29,256)|(15,723)|
|(Decrease)/increase
in creditors||||17|61,828|7,491|
|Net cash flows from operating||activities|||51 834|39,486|
|Cash flows from investing||activities|||||
|Purchase
of tangible
fixed assets||||14|(9,317)|(27,454)|
|Interest from investments|||||8113|2,758|
|Net cash flows from investing||activities|||1 204|24 696|
|Net increase
in cash and cash equivalents|||||50,630|14,790|
|Cash and cash equivalents|at 1 April||||558,938|544 148|
|Cash and cash equivalents|at 31 March||||609,568|558,938|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2023
f|2022f|
|Donations||and legacies;|||||
|Donations||from|individuals|1,719|1,719|2,328|
|Grants,|including||capital grants;||||
|Government||grants||40,662|40,662|67,977|
|||||42,381|42,381|70,305|
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2023|2022|
|||||f|F|F|
|Charitable||activities||2,601,208|2,601,208|2,466,649|
|5|Investment||income||||
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2023|2022|
|||||f|5||
|Other investment|||income|8,113|8,113|2,758|
##
##
##
##
||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|||
|||||Note|General|Total|Total|
||||||E|2023|2022|
|||||||8||
|Depreciation,||amortisation|and||15,873|15,873|24,223|
|other similar||costs||||||
|Staff costs|||||2,098,905|2,098,905|2,014,787|
|Allocated|support costs||||476,357|476,357|417,017|
|Governance||costs|||115,332|115,332|91,815|
||||||2,706,467|2,706,467|2,547,842|
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
|||||General
f|Total
2023|Total
2022|
||||||E|E|
|Staff costs|||||||
|Wages and salaries||||16,931|16,931|32,351|
|Agency staff||||25,706|25,706||
|Other staff costs||||329|329|1,182|
|Audit fees|||||||
|Audit ofthe financial statements||||7,540|7,540|6,000|
|Depreciation,|amortisation||and other similar|2,558|2,558|2,622|
|costs|||||||
|Other governance||costs||62,268|62,268|49,660|
|||||115,332|115,332|91,815|
##
##
|9
Net incoming/outgoing|9
Net incoming/outgoing|resources|||
|---|---|---|---|---|
|Net incoming|resources for|the year include:|||
||||2023
8|2022f|
|Operating
leases
—other assets|||25,323|28,210|
|Audit fees|||7,540|6,000|
|Depreciation|offixed assets||18,431|26,845|
##
##
||||2023
F|2022f|
|---|---|---|---|---|
|Staff costs during||the year were:|||
|Wages and salaries|||1,941,952|1,881,158|
|Social security|costs||140,456|132,771|
|Pension costs|||33,428|33,209|
|Compensation|payments||25,706||
||||2,141,542|2,047,138|
|charity during
the year expressed as full tim|e equivalents
was as follows:||||
|---|---|---|---|---|
||2023||2022||
||No||No||
|Administration||4||6|
|Care staff||66||82|
|||70||88|
##
##
|ets was:||
|---|---|
|2023|2022|
|No|No|
##
|2023||2022||
|---|---|---|---|
|f||f||
||7,540||6,000|
##
##
##
|14Tangible fixed assets|14Tangible fixed assets|14Tangible fixed assets||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Land|and|Furniture|and||||
||||buildings
f||equipment||Motor vehicles
F||Total
8|
|Cost||||||||||
|At 1 April 2022||||60,442|156,899|||16,400|233,741|
|Additions||||||9,317|||9,317|
|Disposals||||||947|||947|
|At 31 March 2023||||60442|165,269|||16,400|242 111|
|Depreciation||||||||||
|At 1 April 2022||||60,442|119,560|||16,010|196,012|
|Charge for the|year|||||18,333||98|18,431|
|Eliminated
on disposals||||||879|||879|
|At 31 March 2023||||60,442|137,014|||16,108|213,564|
|Net book value||||||||||
|At 31 March 2023||||||28,255||292|28,547|
|At 31 March 2022||||||37,339||390|37,729|
|15Debtors||||||||||
||||||||2023||2022|
||||||||||8|
|Trade debtors|||||||48,115||60,604|
|Prepayments|||||||78,749||37,004|
||||||||126,864||97,608|
|16Current asset investments||||||||||
||||||||2023f||2022
E|
|Cash deposits|||||||375,416||478 238|
|17Creditors:|amounts|falling due|within one|year||||||
||||||||2023f||2022f|
|Trade creditors|||||||3,012||83,662|
|Other taxation|and social|security|||||27,925||38,568|
|Other creditors|||||||55,190||29,660|
|Accruals|||||||51|114|47,179|
||||||||137,241||199,069|
##
|Total future
minimum
l|ease payments
under non-cancellab|le
operating
leases are as foll|ows:|
|---|---|---|---|
|||2023|2022|
|||E|E|
|Land and buildings||||
|Within one year||15,620|20,725|
|Between one and five|years|2,354|9,496|
|||17,974|30,221|
|20 Pension
and other|schemes|||
|Defined contribution|pension scheme|||
##
|22 Funds|||||||
|---|---|---|---|---|---|---|
||||Balance at 1|incoming|Resources|Balance at 31|
||||April 2022|resources|expended|March 2023|
||||E|E|E|E|
|Unrestricted|funds||||||
|General|||||||
|Unrestricted|||705,281|2,744,284|(2,714,575)|734,990|
|Designated|||||||
|Designated|||260,000|||260,000|
|Total Unrestricted||funds|965,281|2,744,284|2,714,575|994,990|
##
|||Note|s to the Fin|ancial Statements
fo|r the Year|Ended|31 March 202|3||
|---|---|---|---|---|---|---|---|---|---|
|||||Balance at 1|Incoming||Resources|Balance|at 31|
|||||April 2022
f|resources
F||expended
f|INarch
f|2023|
|Restricted|funds|||||||||
|Sundry projects||||7,490|||||7,490|
|Refurbishment||funds||549|||||549|
|Total restricted||funds||8,039|||||8,039|
|Total funds||||973,320|2,744|284|2,714,575|1,003,029||
|||||Balance at 1|Incoming||Resources|Balance|at 31|
|||||April 2021
f|resources
f||expended
f|March
f|2022|
|Unrestricted|funds|||||||||
|General||||||||||
|Unrestricted||||677,297|2,573,793||(2,545,808)|705,282||
|Designated||||||||||
|Designated||||260,000||||260,000||
|Total unrestricted|||funds|937297|2,573,793||2,545,808|965,282||
|Restricted|funds|||||||||
|Sundry projects||||9,153||371|(2,034)||7,490|
|Refurbishment||funds||549|||||549|
|Total restricted||funds||9702||371|2,034||8039|
|Total funds||||946,999|2,574,164||2,547,842|973,321||
##
##
##
|||||Unrestricted|funds||||
|---|---|---|---|---|---|---|---|---|
|||||||Restricted|||
|||||General
F|Designated
F.|fundsf||Total funds
f|
|Tangible|fixed|assets||28,547||||28,547|
|Current|assets|||843,809|260,000||8,039|1,111,848|
|Current|liabilities|||(137,242)||||(137,242)|
|Creditors|over|1 year||124||||124|
|Total net assets||||734,990|260,000||8,039|1 003,029|
|24 Analysis of net funds|||||||||
|||||||||At 31 March|
||||||At 1 April 2022|Cash|flow|2023|
||||||F|F|||
|Cash at|bank|and|in hand||558,938||50,630|609,568|
|Current|asset|investments|||478,238|(102,822)||375,416|
|Net funds|||||1,037,176|(52,192)||984,984|
##