2023-03-31-accounts

Trustees		Ms E Corbishley	Ms E Corbishley	- Chair
		Mr P Begley - Treasurer
		Ms SBoast
		Ms A M Cooley-Greene
		Ms L Cumberbatch			(Appointed	15March 2023)
		Mr B Dhol			(Appointed	15 March 2023)
		Ms C Gauge	—Deputy Chair
		Mr S Leaney			(Appointed	20 September 2022)
		Mr S Owens
		Mr D Parsonage
		Ms KPentecost
		Mr J Puglia			(Appointed	15 March 2023)
		Ms L Ryan			(Appointed	15 March 2023)
		Ms S Smith			(Appointed	15 March 2023)
Secretary		Ms E Eriksson
Charity number		1020192
Company	number	02806429
Registered	office	36 Montefiore	Rd
		Hove
		East Sussex
		BN3 6EP
Auditor		Knill James LLP
		One Bell Lane
		Lewes
		East Sussex
		BN7 1JU
Bankers		Barclays Bank Pic
		139/142 North Street
		Brighton
		East Sussex
		BN1 1RU
Solicitors		DMH Stallard
		47 Old Steine
		Brighton
		East Sussex
		BN1 1NW

Current financial year
			Unrestricted	Unrestricted	Restricted	Total	Total
			funds	funds	funds
			general	Designated
			2023	2023	2023	2023
		Notes	f.
Income from:
Donations and legacies			100,219	906	66,690	167,815	534,831
Charitable activities			10,362,786			10,362,786	8,535,140
Other trading activities			18,498	23,825		42,323	13,327
Investments			2,399			2,399	410
Total income			10,483,902	24,731	66,690	10,575,323	9,083,708
Raising funds			126,218		2,388	128,606	89,965
Charitable activities		8	10,230,619	35,606	114,665	10,380,890	8,737,344
Total expenditure			10,356,837	35,606	117,053	10,509,496	8,827,309
Net income/(expenditure}	for the	yearl
Net movement in funds			127,065	(10,875)	(50,363)	65,827	256,399
Fund balances at 1 April	2022		2,425,426	1,050,000	76,627	3,552,053	3,295,654
Fund balances at 31 INarch 2023			2,552,491	1,039,125	26,264	3,617,880	3,552,053

Prior financial	year
				Unrestricted	Unrestricted	Restricted	Total
				funds	funds	funds
				general	Designated
				2022	2022	2022	2022
			Notes	F		f.	K
Income from:
Donations and	legacies			388,916		145,915	534,831
Charitable activities				8,535,140			8,535,140
Other trading activities				13,327			13,327
Investments				410			410
Total income				8,937,793		145,915	9,083,708
Ex enditure on:
Raising funds				89,965			89,965
Charitabie activities				8,575,862		161,482	8,737,344
Total expenditure				8,665,827		161,482	8,827,309
Gross transfers	between	funds		583,432	(489,122)	(94,3'I 0)
Net income/(expenditure)		for the year/
Net movement	in funds			855,398	(489,122)	('109,877)	256,399
Fund balances	at 1 April	2021		1,570,028	1,539,122	186,504	3,295,654
Fund balances	at 31 INarch 2022			2,425,426	1,050,000	76,627	3,552,053

				2023		2022
			Notes			f
Fixed assets
Tangible assets			13		1,781,206		1,806,865
Current assets
Debtors			14	1,338,073		1,785,102
Cash at bank and in		hand		1,384,642		894,515
				2,722,715		2,679,617
Creditors:	amounts	falling due within
one year				(886,041)		(934,429)
Net current	assets				1,836,674		1,745,188
Total assets less current liabilities					3,617,880		3,552,053
Income funds
Restricted	funds		1?		26,264		76,627
Unrestricted	funds
Designated	funds			1,039,125		1,050,000
General unrestricted		funds		2,372,947		2,245,882
Revaluation	reserve			179,544		179,544
					3,591,616		3,475,426
					3,617,880		3,552,053

				2023		2022
			Notes			f
Cash flows from operating		activities
Cash generated from operations			22		565,125		332,367
Investing	activities
Purchase	oftangible fixed assets			(84,824)		(79,485)
Proceeds	from disposal oftangible fixed
assets				7,427
Investment	income received			2,399		410
Net cash	used in investing	activities			(74,998)		(79,075)
Net cash	used in financing	activities
Net increase in cash and		cash equivalents			490,127		253,292
Cash and	cash equivalents	at beginning	ofyear		894,515		641,223
Cash and	cash equivalents	at end of	year		1,384,642

			Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds	funds		funds	funds
			general	Designated			general
			2023	2023f	2023 8	2023 8	2022	2022 K	2022
Donations	and	gifts	100,219	906		167,815	388,916	145,915	534,831

			Charitable	Housing		Total	Charitable	Housing	Total
			activities			2023	activities		2022
			2023	2023			2022	2022
				f.
Sales within
charitable	activities		968			968	405		405
Services provided
under contract							87
Performance		related
grants			8,500,098			8,500,098	6,994,791		6,994,791
Charitable	rental
income				1,767,376		1,767,376		1,439,470	1,439,470
Other income			94,344			94,344	100,387		100,387
			8,595,410	1,767,376	'i	0,362,786	7,095,670	1,439,470	8,535,140
Other trading		activities
					Unrestricted		Unrestricted	Total	Uinrestricted
						funds	funds		funds
						general	Designated		general
						2023	2023	2023	2022
									f-
Fundraising	events					6,852	23,825	30,677	11,183
Shop income						11,646		11,646	2,144
Other trading		activities				18,498	23,825	42,323	13,327

Unrestricted	Unrestricted
funds	funds
general	general
2023	2022
f	f.
2,399	410

			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
			general			general
			2023	2023		2022
Fu draisin	nd	ublicit
Staging fundraising		events	19,209	2,388	21,597	4,244
Other fundraising		costs	615		615	606
Staff costs			106,394		106,394	85,115
Fundraising	and publicity		126,218	2,388	128,606	89,965
			126,218	2,388	128,606	89,965

			Provision of	Grace Eyre	Total	Provision of	Grace Eyre	Total
			services	Housing	2023	services	Housing	2022
			2023	2023		2022	2022
						f
Staff costs			5,435,942	301,629	5,737,571	4,349,875	241,303	4,591,178
Depreciation		and
impairment			6,044	46,186	52,230	5,729	43,779	49,508
Agency staff			174,665		174,665	53,042		53,042
Care fees			1,433,955		1,433,955	1,470,889		'l,470,889
Registrations			6,876		6,876	7,443		7,443
Food 8 provisions			10,190		10,190	8,659		8,659
Staff costs			14,744		14,744	47,302		47,302
Consultants			64,692		64,692	38,589		38,589
Motor &travel			81,396		81,396	7,788		7,788
I-lygiene 8	repairs		49,694	65,664	115,358	39,878	140,553	180,431
Sessions			9,255		9,255	4,819		4,819
Venue hire			25,012		25,012	15,648		15,648
Rent
			123,787	877,738	1,001,525	117,'I 82	695,723	8'I2,905
Light 8 heat			65,128		65, 'I 28	51,935		51,935
Rates			7,6'I 7	'I3,964	21,581	9,117	9,832	18,949
Other housing		costs		54,215	54,215		'l16,865	116,865
Bad debt			(97,753)		(97,753)
			7,411,244	1,359,396	8,770,640	6,227,895	1,248,055	7,475,950
Share of support costs
(see note 9)			1,576,186		1,576,186	1,217,551	6,676	1,224,227
Share of governance
costs (see	note 9)		34,064		34,064	27,796	9,371	37,167
			9,021,494	1,359,396	10,380,890	7,473,242	1,264,102	8,737,344
Analysis by		fund
Unrestricted	funds-
general			8,871,223	1,359,396	10,230,619	7,311,760	1,264,102	8,575,862
Unrestricted	funds-
Designated			35,606		35,606
Restricted	funds		114,665		114,665	161,482		161,482
			9,021,494	1,359,396	10,380,890	7,4?3,242	1,264,102	8,737,344

			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
				R
Staff costs			935,815		935,815	728,253		728,253
Depreciation			50,824		50,824	52,801		52,801
Recruitment			48,940		48,940	11,967		11,967
Training			49,511		49,511	31,690		31,690
Staff costs			30,597		30,597	21,437		21,437
Subscriptions			25,018		25,018	12,115		12,115
Cleaning,	hygiene	8
con sumables			110,053		110,053	68,650		68,650
Communications			168,289		168,289	114,447		114,447
ITcosts			103,555		103,555	158,497		158,497
Bank charges 8 interest			5,340		5,340	2,710		2,710
Printing, postage,
stationery	and
advertising			48,244		48,244	21,660		21,660
Audit fees				18,794	18,794		21,510	21,510
Legal and	professional			15,270	15,270		15,657	15,657
			1,576,186	34,064	1,610,250	1,224,227	37,167	1,261,394
Analysed	to:
Charitabie	activities		1,576,186	34,064	1,610,250	1,224,227	37,167	1,261,394

The averag	e monthly number ofemployees during th	e year was:
		2023	2022
		Number	Number
Charitable	activities	276	253
Administration		11	12
		287

11	Employees					(Continued)
	Employment costs				2023	2022
					K
	Wages and salaries				5,969,?91	4,768,440
	Social security costs				521,985	375,258
	Other pension costs				288,004	260,848
					6,779,780	5,404,546
	The number ofemployees	whose annual	remuneration	was more than f60,000
	is as follows:
					2023	2022
					Number	Number
	f60,001 to E?0,000
	680,001 to 890,000
	F90,001 tof100,000

12	Taxa'tion
	The charity	is exempt	from tax on	income and gains	falling	within section 505 ofthe		Taxes Act	'I988	or section
	252 ofthe Taxationof Chargeable			Gains Act 1992to	the extent that		these are applied	to its charitable		objects.
13	Tangible fixed assets
					Freehold/lease		Property	ITprojects		Total
					hold	buildings	Improvements
	Cost
	At 1 April 2022				1,386,066		1,352,451	577,691		3,316,208
	Additions						47,809	37,015		84,824
	Disposals						(6,665)	(762)		(7,427)
	At 31 March	2023			1,386,066		1,393,595	613,944		3,393,605
	Depreciation and impairment
	At 1 April 2022					741,980	280,892	486,473		1,509,345
	Depreciation	charged	in the year			21,813	43,647	37,594		103,054
	At 31 March	2023				763,793	324,539	524,067		1,612,399
	Carrying amount
	At 31 March	2023				622,273	1,069,056	89,877		1,781,206
	At 31 March	2022				644,086	1,071,559	91,220		1,806,865

Debtors
			2023	2022
Amounts falling due		within one year:		f.
Trade debtors			844,776	1,453,844
Other debtors			193,116	78,654
Prepayments	and accrued income		300,181	252,604
			1,338,073	1,785,102
Creditors: amounts		falling due within one year
			2023	2022
Other taxation	and social security		164,545	161,242
Trade creditors			154,630	160,799
Other creditors			59,197	3,208
Accruals and	deferred	income	507,669	609,180
			886,041	934,429

16	Retirement benefit schemes			(Continued)
	Key assumptions
			2023	2022
	Discount rate		4.8	2.6
	Expected rate of increase of pensions	in payment	2.9	3.3
	Expected rate of salary increases		2.9	3.3

			2023	2022
			Years	Years
Retiring	today
- Males			21.1	21.2
—Females			24.1	23.8
Retiring	in 20 years
—Males				22.0
—Females
			2023	2022
			f.	K
Present	value ofdefined	benefit obligations	2,850,000	3,174,000
Fair value of plan assets			(2,850,000)	(3,174,000)
Deficit	in scheme
				2023
Liabilities at 1 April 2022				2,249,000
Surplus	in scheme			601,000

							2023
Fair	value	ofassets	at	31	March	2023	2,850,000

	2023	2022
		R
Equity instruments	2,012,000	2,338,000
Property	458,000	265,000
Bonds	346,000	510,000
Cash	34,000	61,000
	2,850,000	3,174,000

The income funds ofthe charily	The income funds ofthe charily	The income funds ofthe charily	The income funds ofthe charily	include	restricted	funds comprising	the following	the following	unexpended	unexpended	balances	ofdonations	and grants held on trust for	and grants held on trust for	specific purposes:	specific purposes:	specific purposes:
									Movement		in funds			llllovement
						Balance at		Incoming		Resources		Transfers	Balance at	Incoming	Resources		Balance at
						1 April 2021		resources		expended			1 April 2022	resources	expended	31	March 2023
							6						6
The National	Lotteries	Charities		Grant			93,804					(93,804)
Allotment Project
Art Stlirlia							(7,513)						(7,513)				(7,513)
Drama Praject							5,046				(1,100)		3,946				3,946
Friendship Project- Bnghtan			8, Hove				34,779		10,628	(29,046)			16,361	9,627	(28,305)		(2,317)
Open Market	Project						(7,172)		9,231		(7,137)		(5,078)	10,175	(9,998)		(4,901)
Shared Lives	16+						6,107						6,107				6,107
Sharing Our	Voices						1,638		19,880	(21,518)
Sport Other (Football,		Swimming,		Tennis)			5,234				(3,060)		2,174	1,584	(6,630)		(2,872)
Theatre Refurbishment							(1,778)					1,778
Travel Buddy							46,785		73,988	(75,543)			45,230	41,776	(72,119)		14,887
Work Buddy							7,289		8,111				15,400	1,547			16,947
Lets Work Together									24,077	(24,077)
Walsingham	Rd Centre Refurbishment				Project		2,284					(2,284)		1,980			1,980
						186,504		145,915		(161,482)		(94,310)	76,627	66,689	(117,052)		26,264

				Movement	in funds
	Baiance at	Transfers	Balance at	Incoming	Resources		Balance at
	1 April 2021 f.		1 April 2022 f	resources	expended	31	Sllarch 2023
Big Build	1,344,122	{344,122)	1,000,000	24,731	(33,553)		991,178
New Ideas		50,000	50,000		{2,053)		47,947
Fundraising/Marketing
Initiative	195,000	(195,000)
	1,539,122	(489,122)	1,050,000	24,731	(35,606)		1,039,125

19	Analysis ofnst assets between funds
		Unrestricted	Designated	Restricted	Total	Unrestricted	Designated	Restricted	Total
		funds	funds	funds		funds	funds	funds
		2023	2023	2023	2023	2022	2022	2022	2022
			f			6	E	6	8
	Fund balances at 31 March 2023are represented
	by:
	Tangible assets	1,781,206			1,781,206	1,806,865			1,806,865
	Current assets/(liabilities)	771,285	1,039,125	26,264	1,836,674	618,561	1,050,000	76,627	1,745,188
		2,552,491	1,039,125	26,264	3,617,880	2,425,426	1,050,000	76,627	3,552,053

	2023	2022
	E
Within one year	238,316	70,142
Between two and five years	102,878	40,712
In over five years		64,943
	341,194	175,797

									2023
									K
	Surplus for	the year							65,827	256,399
	Adjustments	for:
	Investment	income recognised			in statement		offinancial	activities	(2,399)	(410)
	Depreciation	and impairment		oftangible		fixed assets			103,054	102,309
	Movements	in working	capital:
	Decrease in debtors								447,031	25,307
	(Decrease)	in creditors							(48,388)	(51,238)
	Cash generated from		operations						565,125	332,367
23	Analysis ofchanges		in net funds
	The charity	had no debt during			the year.