2022-04-05-accounts

	~PN .
Report ofthe Trustees I Directors	3-7
Report ofthe Auditors	8-10
Statement ofFinancial Activities
Balance Sheet	12
Statement ofCash Flows	13
Notes to the Financial Statements	14-22

Reference	Reference	Reference	and Admini	and Admini	and Admini	rative Information	rative Information
~Ch	i		b					1020295
c				v				2721623
Trustees
The	trustees			serving	during		the year
were as		follows;						E H O' Connor		Boswell
								SHalsall (Resigned			10.08.22)
								J Edwards
								I Johnstone	(Resigned			04.11.21)
								VSlater (Resigned 15.10.21)
								L Mills
								C R McCann
								AJackson (Appointed				06.09.21)
Other trustees				serving	at the		date
ofthis report:								SRiding (Appointed			16.05.22)
~cs								K O' Brien
CEO								D I ackner-Smith
s		Di						R Shaw
0 erations			and Develo			ment	Director	J Wigley
R	istered office and					rinci	al office	Office 9
								Champness	Hall
								Drake Street
								Rochdale
								OL16 1PB
Auditors								Wrigley Partington
								501 Middleton		Road
								Chadderton
								Oldham
								OL9 9LY
Bankers								National Westminster			Bank Pic
								Town Hall Square
								Rochdale
								OL16 1LL
~LI«				t q				AST Hampsons
								128Yorkshire		Street
								Rochdale
								OL16 1LA

(includln Income and e	x	ndlture accoun	t r Y	EAR ENDED 5	APRIL 202	2
				Unrestricted	Restricted	Total	Unmstrlcted	Restricted	Total
				Funds	Funda	Fullds	Funds	Funds	Funds
			Note	2022	2022	2022	2021	2021	2021
				8	5	6			8
INCOME
Donations and legacies			2	36,493	45,241	81,734	10,138	51,490	61,828
Charitable activities			3	1,252,968	205,896	1,458,804	1,239,752	142,722	1,382,474
Other trading activities			4	69,488		69,488	39,104		39,104
Investment income				48		48	180		180
Total Incoming resources				1,358,0$7	261,137	1,610,134	1,280,174	104,212	tr483 386
EXPENDITURE
Raising funds			4	59,226		50,225	48,630		48,630
Charitable activiTiss			5	1,342,335	261,039	1,603,374	1,228,169	175,176	1,403,345
Total resources expended				1,401,561	261,030	1,562,600	1 276709	176,176	1,451,975
Nst (outgoing)fincomlng	resources
before other recognised		gains snd losses		(42,564)	(9,902)	(52,466)	12,375	19,036	31,411
Transfers between funds
Net income/(expenditum)	and net
movement in funds for the		year		42,564)	(9,902)	(62468)	12,375	10,036	3(rat 1
Reconciliation offunds
Total funds brought forward				549,131	136,083	685,214	538,758	117,047	653,803
Total funds carried forward				506,567	126,181	632,740	54$,131	136.083	685214

		Note	2022	2021
			K
FIXEDASSETS
Tangible assets		10	252,232	251,176
Total fixed assets			252,232	251,176
CURRENT ASSETS
Debtors			81,342	131,161
Cash at bank and	in hand	12	416,997	379,139
Total current assets			498,339	510,300
LIABILITIES:
Creditors falling due within one year		13	117,823	76,262
Net current assets			380,516	434,038
Net assets		17	632,748	685,214
THE FUNDS OF THE CHARITY
Restrictedincome	funds	15	126,181	136,083
Unrestricted funds		'i5	506,567	549,131
Total charity funds		17	632,748	685,214

			Note	2022	2021
				E	8
Cash used in operating activities				63,106	59,335
Cash flows from investing activities
Interest income				48	180
Purchase oftangible fixed assets				(25,296)	(20,687)
Proceeds from disposal oftangible	fixed assets
Cash provided by (used in) investing activities				(25,248)	(20,507)
Cash flows from financing activities
Repayment of borrowing
Cash used in financing activities
Increase/(decrease) in cash and cash equivalents
in the year				37,858	(79,842)
Cash and cash equivalents at the beginning		ofthe year		379,139	458,981
Total cash and cash equivalents	at the end ofthe year			416,997	379,139

THE SA	NCTUARY TRUST LIMITED
NOTES	TO THE FINANCIAL STATENIENTS: YEAR ENDED 5APRIL 2022
The principal accounting policies adopted, judgemenls and key sources ofesfimation uncertainty in		the preparation		ofthe
financial statements are as follows:
a)	Basis ofpreparation
	The financial statements have been prepared in accordance with Accounting and Reporting by		Charities: Statement of
	Recommended Premise applicable to charities preparing their accounts in accordance with	the Financial		Reporting
	Standard applicable in the UK snd Republic of Ireland (FRS 102) (effective 1 January 2015)	-	(Charities SORP (FRS
	102)),the Financial Reporting Standard applicable in the VK snd 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 s company limited by guarantee. In the event ofthe charity being wound up, the	liabilily in respect ofthe
	guarantee is limited to fit per member ofthe charity. The charity was incorporated in England		and the address of its
	registered office is Office 0, Champness Hall, Drake Street, Rochdale, OL16 1PB.
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 suflicient certainty that receipt ofthe income is considered probable and the amount csn be measured			reliably.
	The following specific policies apply to categories ofincome:
	Voluntary income is received by way ofdonations and gifis and is included in full in the Statement		of Financial	Activities
	when receivable. Donated assets are included at the value to the charity where this can be quantified and a third parly
	is bearing the cost. The value ofservices provided by volunteers has not been induded.
	Grants, induding grants for the purchase offixed assets, are recognised in full in the Statement	of Financial ActiviTies in
	the year in which they sre receivable.
	Investment income is recognised on a receivable basis.
d)	Donated senrices 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		ofthe item is	probable
	and that economic benefit can be measured reliably. On receipt, donated services end facilities		are recognised on the
	basis of the value of the gift to the chanly 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; s corresponding amount		is then recognised in
	expenditure in the period ofreceipt.
e)	Resources expended
	Ag expenditure is accounted for on sn sccrusls basis and has been tfiassified under headings	that aggregate		ag costs
	related to the category. Where costs cannot be directly attributed 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).

							Unrestricted	Restricted	Total	Total
							2022	2022	2022	2021
							f.	g		g
2	Income	from		donations	and le acies
	Donations		from institutions				2,203	23,972	26,175	19,222
	Donations		from individuals				8,498	21,269	29,767	42,406
	Legacies						25,792		25,792
							36,493	45,241	81,734	61,628
3	Income	from		charitable	activities
	Housing	benefits					428,535		428,535	417,488
	Service contracts						615,460		615,460	540,378
	Rent received						50,296		50,296	49,738
	Welsh Assembly contribution re:
				supporting	people		149,955		149,955	143,412
	Grants specific:
				Lloyds Bank Foundation				31,257	31,257	30,795
				Community	fund			79,419	79,419	83,245
				Lottery grant re: Covid-1 9						56,575
				RMBC re: Covid-19						19,669
				Workers Education Association				19,918	19,918
				Real Change				14,302	14,302
				Albert Gubay Foundation		re:
				Oldham &Rochdale food network				21,000	21,000
				Various re:	Conwy Food Bank			40,000	40,000	27,482
				Others			8,722		8,722	13,692
							1252 968	205896	1,458,864	1,382,474

Income
Letting income
Chadity shop	69,488	69,488	39,104
	69,488	69,488	39,104
cr de
Shop running costs	59,226	59,226	48,630
	59,226	59,226	48,630

Cost ofcharitable activitie	s
	Staff		Other	Total	Total
	costs	Depreciation	costs	2022	2021
	6	F			f.
Provision ofsupport	1,191,972		142,952	1,334,924	1,176,639
Provision of housing		11,402	184,292	195,694	165,536
Provision oftransport		1,442	2,996	4,438	6,864
Central office costs		7,817	60,501	68,318	54,306
	1,191,972	20,661	390,741	1,603,374	1,403,345

					Total	Total
					2022	2021
					6	E
Other costs:
Volunteers expenses					1,653	580
Rent and other services					116,369	96,495
Groceries and provisions					66,190	54,889
Light, heat and insurance					39,837	27,269
Repairs and	renewals				19,623	33,174
Recreational	and care	work expenses			16,891	13,008
Staff training	and recruitment				22,547	8,278
Administration	costs				80,886	56,496
Bad debts					4,549	(986)
Loss on fixed	asset disposal				3,579	6,961
Legal and professional			fees		10,568	8,512
Interest on late payment			of PAYE		95
Governance	costs (note 6)				7,954	7,649
					390,741	312,325
~G
					Total	Total
					2022	2021
					f
Auditors fees	for audit	ofthe accounts:
		Allocated to fundraising			496	521
		Allocated to charitable		activities	7,954	7,649
					8,450	8,170

										Total	Total
										2022	2021
7	Staffcosts									K	f
	Total staff emoluments		for the	year	were	as follows:
	Wages and salaries									1,106,085	995,082
	Social secudity costs									82,488	76,263
	Pension costs									26,699	25,134
										1,215,272	1,096,479
	The total amount ofemployee			benefits received				by key	management
	personnel included	within the		above is as		follows:
	CEO, Operations and		Development		Director and			Finance Director		145,626	99,989
8	Staff numbers
	The average monthly		head count was 53			staff	(2021:47) and the average
	number offull-time equivalent			employees		during		the year were as follows:
										2022	2021
										Number	Number
	Direct charitable work									49	43
	Administrative									4	4
										53	47
	None ofthe trustee's	received		any remuneration				from the charity during the year (2021:None)
	One ofthe trustees	was reimbursed			travelling		expenses		during the year amounting	to 6528 (2021:Nil).

		2022	2021
Net movement in funds			8
Net movement in funds is arrived at after charging	l(crediting):
Depreciation oftangible fixed assets		20,661	18,266
Loss on disposal oftangible fixed assets		3,579	6,961
Auditors remuneration for audit ofthe accounts		8,450	8,170
Operating lease payments		127,761	105,786

10	Tan ibis fixed assets
		Freehold	Land and	Long
		property	buildings	leasehold	Plant and	Motor
		improv'ts	freehold	property	machinery	vehicles	Total
	Cost
	At 6April 2021	25,954	310,995	70,896	66,664	9,000	483,509
	Additions				25,296		25,296
	Disposals				(4,474		4,474
	At 5Apdl 2022	25,954	310,995	70,896	87,486	9,000	504,331
	At 6Apdl 2021	13,296	130,185	36,321	49,296	3,235	232,333
	Charge for the year	634	9,040	1,729	7,817	1,441	20,661
	Disposals				(895)		895
	At 5April 2022	13,930	139,225	38,050	56,218	4,676	252,099
	~NB kV
	At 5April 2022	12,024	171,770	32,846	31,268	4,324	252,232
	At6April 2021	12,658	180,810	34,575	17,368	5,765	251,176

							2022	2021
11	Debtors
	Gift aid recoverable						690	4,384
	Prepayments		and accrued income				80,652	126,777
							81,342	131,161
							2022	2021
12	Cash	at bank	and in	hand			K	K
	Cash	at bank					409,937	370,751
	Cash	in hand					7,060	8,388
							416,997	379,139
							2022	2021
13	Liabilities: creditors			fallin	due within one	ear	K	K
	PAYE						22,229	19,771
	Other	creditors					13,290	15,223
	Accruals and deferred			income			82,304	41,268
							117,823	76,262

The total future minimum lease payments un	der non-cancellable operating	leases are
	2022	2021
Rent
Within one year	15,143	7,370
Between one and five years	86,988	132,606
After five years	24,158
	126,289	139,976

Reconciliation ofnet	movement in fund	s to net cash	flow from o r	atin activities
			2022	2021
			K
Net movement in funds			(52,466)	31,411
Add back depreciation	charge		20,661	18,266
(Profit)/loss on fixed asset disposal			3,579	6,961
Deduct interest income	shown in investing	activities	(48)	(180)
Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operating activities			49,819 41,561 63,106	(103,784) ~12,009 ~59.335