2021-04-05-accounts - Sanctuary Trust Limited

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			~P* N
Report of	the Trustees	I Directors	3-8
Report of	the Auditors		9-11
Statement	of Financial	Activities	12
Balance Sheet			13
Statement	ofCash Flows		14
Notes to the Financial		Statements	15-23

Reference	Reference	Reference		and Administrative	and Administrative	and Administrative	Information
Ch	III			N				1020295
~I:				I				2721623
Trustees
The	trustees			serving	during	the	year
were as		follows:						E H O' Connor		Boswell
								SHalsall
								J Edwards
								I Johnstone
								VSlater
								L Mills
								C R McCann
~CN								K O'Bnen
~II	I		I	IN				D Lackner-Smith
Finance		Director						R Shaw
Re	istered		office and		rinci	al office		Office 9
								Champness	Hall
								Drake Street
								Rochdale
								OL16 1PB
Auditors								Wrigley Partington
								501 Middleton		Road
								Chadderton
								Oldham
								OL9 QLY
Bankers								National Westminster			Bank Pic
								Town Hall Square
								Rochdale
								OL16 1LL
Le aire		resentatives						AST Hampsons
								128Yorkshire		Street
								Rochdale
								OL16 1LA

includin income and e	x enditure accou	nt: Y	EAR ENDED 5	APRIL 202	1
			Unrestricted	Restdicted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
		Note	2021	2021	2021	2020	2020	2020
			f	5	f,	6	6	5
INCOME
Donations and legacies		2	10,138	51,490	61,628	15,755	28,327	44,082
Charitable activities		3	1,239,752	142,722	1,382,474	826,000	116,629	942,629
Other trading activities		4	39,104		39,104	69,498		69,498
Investment income			180		180	896		898
Total incoming resources			1,289,174	194,212	1,483,386	912151	144,956	1,057,107
EXPENDITURE
Raising funds		4	48,630		48,630	73,435		73,435
Charitable activities		5	1,228,169	175,176	1,403,345	840,443	113,407	953,850
Total resources expended			1,276,799	175,176	1,451,975	913,878	113,407	1,027,285
Net (outgoing)/incoming	resources
before other recognised	gains and losses		12,375	19,036	31,411	(1,727)	31,549	29,822
Transfers between funds						(307)	307
Net income/(expenditure)	and net
movement in funds for the year			12,375	19,035	31,411	(2,034)	31,856	29,822
Reconciliation offunds
Total funds brought forward			536,756	117,047	653,803	536,790	85,191	623,981
Total funds carried forward			549,131	136,083	685,214	536,756	117,047	653,803

	Note	2021	2020
FIXEDASSETS
Tangible assets	10	251,176	255,716
Total fixed assets		251,176	255,716
CURRENT ASSETS
Debtors		131,161	27,377
Cash at bank and in hand		379,139	458,981
Total current assets		510,300	486,358
LIABILITIES:
Creditors falling due within one year	13	76,262	88,271
Net current assets		434,038	398,087
Net assets	17	685,214	653,803
THE FUNDS OF THE CHARITY
Restricted income funds	16	136,083	117,047
Unrestricted funds	16	549,131	536,756
Total charity funds	17	685,214	653,803

			Note	2021	2020
				f	g
Cash used in operating activities			19	59,335	103,731
Cash flows from investing activities
Interest income				180	898
Purchase oftangible fixed assets				(20,687)	(6,959)
Proceeds from disposal oftangible	fixed assets
Cash provided by (used in) investing activities				(20,507)	(6,061)
Cash flows from financing activities
Repayment of borrowing
Cash used in financing activities
Increase/(decrease) in cash and cash equivalents
in the year				(79,842)	97,670
Cash and cash equivalents at the beginning		ofthe year		458,981	361,311
Total cash and cash equivalents	at the end ofthe year			379,139	458,981

THE SA	NCTUARY TRUST LIESTED
NOTES	TO THE FINANCIAL STATEMENTS: YEAR ENDED 5APRIL 2021
—
	'aJI— "'
The principal accounting policies adopted, judgements and key sources ofestimation uncertainty			m	the preparation		ofthe
financial statements are as follows:
a)	Basis of preparation
	The financial statements have been prepared in accordance with Accounting	and Reporting	by		Charities: Statement			of
	Recommended Practice applicable to charities preparing their accounts in	accordance with		the Financial		Reporting
	Standard applicable in the UK and Republic of Ireland (FRS 102) (effective	1 January 2015)		-	(Charities SORP (FRS
	102)),the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)				and the Companies			Act
	2006.
	The Sanctuary Trust Limited meets the definition ofa public benefit entity under FRS102.
	Assets and liabilities are initially recognised at historic cost or transaction value	unless otherwise			stated in the
	relevant accounting policy note(s).
b)	Company status
	The charity is a company limited by guarantee. In the event ofthe charity being wound up,		the	liability in respect of			the
	guarantee is limited to 51 per member of the charity. The charity was incorporated in England				and the address of			its
	registered office is Office 9, Champness Hall, Drake Street, Rochdale, OL16 1PS.
c)	Income recognition policies
	Items of income are recognised and included in the accounts when the charity is legally		entitled to the income,				any
	performance conditions attached to the item(s) of income have been met or	are fully within	the control of the charity,
	there is sufficient certainty that receipt ofthe income is considered probable and the amount		can be measured			reliably.
	The following specific policies apply to categories of income:
	Voluntary income is received by way ofdonations and gifts and is included in full in the Statement				of Fmancial	Activities
	when receivable. Donated assets are included at the value to the charity where this can be		quantified and a third party
	is bearting the cost. The value ofservices provided by volunteers has not been	included.
	Grants, including grants for the purchase of fixed assets, are recognised in full	in the Statement		ofFinancial Activities				in
	the year in which they are receivable.
	Investment income is recognised on a receivable basis.
d)	Donated services and facilities
	Donated services or facilities are recognised when the charity has control over	the item, any	conditions associated with
	the donated item have been met, the receipt ofthe economic benefit from the	use by the charity			of the item is	probable
	and that economic benefit can be measumd reliably. On receipt, donated services and facilities				are recognised on		the
	basis of the value of the gift to the charity which is the amount the charity would have been			willing to pay		to obtain
	services or facilities of equivalent economic benefit on the open market; a corresponding amount				is then recognised			in
	expenditure in the period ofreceipt.
e)	Resources expended
	All expenditure is accounted for on an accruals basis and has been classified	under headings		that aggregate		all costs
	related to the category. Where costs cannot be directly attnbuted to particular	headings they		have been allocated				to
	activities on a basis consistent with use of the resources. Costs relating to a	particular activity			are allocated	directly,
	others are apportioned on an appropriate basis (eg. estimated usage).
	-Costs of raising funds aie those costs incurred in trading activities that raise funds.
	-Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services, and
	include both the direct costs and support costs relating to those activities.

						unrestdicted	Restricted	TOtal	TOtal
						2021	2021	2021	2020
						E	E	E	E
2	Income	from		donations	and le acies
	Donations		from institutions			2,430	16,792	19,222	34,482
	Donations		from individuals			7,708	34,698	42,406	9,600
						10,138	51,490	61,628	44,082
3	Income	from		charitable	activities
	Housing	benefits				417,488		417,488	481,423
	Service	contracts				540,378		540,378	151,553
	Rent received					49,738		49,738	49,612
	Welsh Assembly contribution re:
				supporting	people	143,412		143,412	143,412
	Grants	specific:
				Lloyds Bank Foundation			30,795	30,795	30,340
				Community	fund		83,245	83,245	74,097
				Lottery grant re: Covid-19		56,575		56,575
				RMBC re: Covid-19		19,669		19,669
				Various re:	Conwy Food Bank		27,482	27,482
				Others		12,492	1,200	13,692	12,192
						1,239,752	142,722	1,382,474	942,629

Other tradin	activities
Income
Letting income
Charity shop		39,104	39,104	69,498
		39,104	39,104	69,498
~Edit
Shop running	costs	48,630	48,630	73,435
		48,630	48,630	73,435

Cost ofcharitable activitie	s
	Staff		Other	Total	Total
	costs	Depreciation	costs	2021	2020
	6	6	g	E	6
Provision ofsupport	1,072,754		103,885	1,176,639	752,074
Provision of housing		12,002	153,534	165,536	159,946
Provision oftransport		1,922	4,942	6,864	1,348
Central office costs		4,342	49,964	54,306	40,482
	1,072,754	18,266	312,325	1,403,345	953,850

			Total	Total
			2021	2020
			F	6
Other costs:
Volunteers expenses			580	2,355
Rent and other services			96,495	86,227
Groceries and provisions			54,889	39,293
Light, heat and insurance			27,269	26,941
Repairs and	renewals		33,174	28,664
Recreational	and care work expenses		13,008	10,046
Staff training	and recruitment		8,278	6,516
Administration	costs		56,496	40,277
Bad debts			(986)	8,563
Loss on fixed	asset disposal		6,961
Legal and professional		fees	8,512	6,634
Governance	costs (note 6)		7,649	5,859
			312,325	261,375

Governance costs
				Total	Total
				2021f	2020 6
Auditors fees for audit	ofthe accounts:
	Allocated	to fundraising		521	201
	Allocated	to charitable	activities	7,649	5,859
				8,170	6,060

					Total		Total
7	Staffcosts				2021f		2020f
	Total staff emoluments for	the year were		as follows:
	Wages and salaries				995,082		658,717
	Social security costs				76,263		44,567
	Pension costs				25,134		17,068
					1,096,479		720,352
	The total amount of employee		benefits received		by key management
	personnel included within the		above is as	follows:
	Operational and Finance Directors				99,989		93,763
8	Staff numbers
	The average monthly head	count was 47		staff (2020: 37)and the average
	number offull-time equivalent		employees	during	the year were as follows:
					2021		2020
					Number		Number
	Direct charitable work					43	33
	Administrative					4	4
						47	37
	None ofthe trustee's received		any remuneration		from the charity nor were they reimbursed	expenses.
	No employee earned f60,000		per annum	or more.
					2021		2020
9	Net movement in funds				f		f
	Net movement in funds is arrived at after			charging	l(crediting):
	Depreciation oftangible fixed assets				18,266		16,575
	Loss on disposal oftangible	fixed assets			6,961
	Auditors remuneration for audit ofthe accounts				8,170		6,060
	Operating lease payments				105,786		95,406

Tan ibis fixed assets
	Freehold	Land and	Long
	property	buildings	leasehold	Plant and	Motor
	improv'ts	freehold	property	machinery	vehicles	Total
Cost
At 6 April 2020	27,564	310,995	70,896	83,289	4,000	496,744
Additions				14,687	6,000	20,687
Disposals	1,610			31,312	1,000)	(33,922)
At 5 April 2021	25,954	310,995	70,896	66,664	9,000	483,509
At 6 April 2020	13,327	120,669	34,501	70,968	1,563	241,028
Charge for the year	666	9,516	1,820	4,342	1,922	18,266
Disposals	697			26,014	250	26,961
At 5 April 2021	13,296	130,185	36,321	49,296	3,235	232,333
Net Book Value
At 5 April 2021	12,658	180,810	34,575	17,368	5,765	251,176
At 6 April 2020	14,237	190,326	36,395	12,321	2,437	255,716

11	Debtors					2021f	2020 f
	Gift aid recoverable					4,384	4,599
	Prepayments	and accrued income				126,777	22,778
						131,161	27,377
12	Cash at bank	and in	hand			2021f	2020
	Cash at bank					370,751	455,844
	Cash in hand					8,388	3,137
						379,139	458,981
13	Liabilities: creditors		fallin	due within one	ear	2021f	2020f
	PAYE					19,771	15,820
	Other creditors					15,223	7,252
	Accruals and deferred		income			41,268	65,199
						76,262	88,271

Anal sis ofcharitable funds
Analysis offund movements:
			At									At
		06-Apr		Incoming		Resources						05-Apr
			2020f	resources		expended f		Transfers f				2021 f
Unrestricted funds:
General purpose		536,756		1,289,174		(1,276,799)						549 131
Restricted funds:
Purchase and improvement
Tweedale Street			76,817			(3,841)						72,976
ii. Computer equipment upgrade			660			(660)
iii. Lloyds Bank Foundation grant			883									883
iv. NHS grant			779									779
v. D M Thomas Foundation grant			1,763			(321)						1,442
vi. Lloyds Bank Foundation grant			4,438	30,795		(30,835)						4,398
vii. Community Fund grant			8,623	83,245		(78,559)						13,309
viii. Small project grants					1,700	(862)						838
ix. Conwy food bank x.Screwfix grant			18,084 5,000 117,547	78,472 194,212		(55,098) ~5, DDD ~175,176						41,458 136,083
Pur ose ofrestricted funds
Funds received to enable the	charity		to purchase	and	improve	a property to provide			night stop care.
ii. Funding received to improve the charity's information					and technology department.
iii. The Lloyds Bank Foundation	grant	is to fund the		salary and on going costs of			a reintegration				worker.
iv. NHS grant received to fund the salary costs ofa				crisis	worker.
v. D M Thomas Foundation grant received to fund computer and						materials for emergency				homeless		shelter.
vi. The Lloyds Bank Foundation	grant	is to fund the		salary ofa part time crisis coordinator.
vii. Grant to cover staffing, overheads		and other revenue			expenditure ofthe Pass		It	Qn Scheme.
viii. Grant funding for various small projects.
ix. Donations and grants received specifically to fund the					Conwy food bank.
x.Grant received from Screwfix towards			the refurbishment		ofthe	Milnrow Road property				(STEP	project).
Anal sis of net assets between	funds
						Unrestricted	Restricted					Total
						Fundsf		Funds f				Funds f
Fund balances at 5 April 2021 as represented by:
Tangible fixed assets						173,781			77,395			251,176
Current assets						426,612			83,688			510,300
Current liabilities						(51,262)		(25,000				76,262
						549,131		136,083				685,214

The total future minimum lease payments un	der non-cancellable operating	leases are
	2021	2020
	6	K
Rent
Within one year	7,370	40,666
Between one and five years	132,606	21,060
After five years
	139,976	61,726

Reconciliation ofnet	movement in fund	s to net cas	h flow from o creti	n activities
			2021	2020
			E	8
Net movement in funds			31,411	29,822
Add back depreciation	charge		18,266	16,575
(Profit)/loss on fixed asset disposal			6,961
Deduct interest income	shown in investing	activities	(180)	(898)
Decrease/(increase) in Increase/(decrease) in	debtors creditors		(103,784) ~112,009	(4,980) 63,212
Net cash used in operating activities			(59,335)	103,731