2021-03-31-accounts - Coatham House

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			Page
Report ofthe Trustees		I	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		7	to	8
Notes to the Financial Statements		9	to	18

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	11	433,310	1,318	434,628	435,399
Investments	12	1		I	1
		433,311	1,318	434,629	435,400
CURRENT ASSETS
Debtors	13	73,009		73,009	72,445
Cash at bank and in hand		122,772	26,400	149,172	96,681
		195,781	26,400	222,181	169,126
CREDITORS
Amounts falling due within one year	14	(22,352)		(22,352)	(19,725)
NET CURRENT ASSETS		173,429	26,400	199,829	149,401
TOTAL ASSETSLESSCURRENT
LIABILITIES		606,740	27,718	634,458	584,801
CREDITORS
Amounts falling due after more than one year	15	(87,638)		(87,638)	(96,200)
NET ASSETS		519,102	27,718	546,820	488,601
FUNDS
Unrestricted funds				519,102	453,313
Restricted funds				27,718	35,288
TOTAL FUNDS				546,820	488,601

CHARITABLE A	CTI	VITIES COSTS
			2021	2021	2021	2020
			Unrestricted	Restricted	Total	Total
Costs allocated directly		to activities:
Staffcosts			28,272	93,300	121,572	98,390
Premises costs			41,195	5,266	46,461	52,418
Telephone, post stationery &advertising			140		140	1,260
Insurance			6,483		6,483	7,008
Travel &training			1,842	200	2,042	1,304
Sundry costs			528	2,479	3,007
Bad debts						192
Depreciation			972	744	1,716	10,792
Grants payable to	subsidiary		21,701		21,701	33,789
Support costs (see note		6)	79,933	72	80,005	79,905
			181,066	102,061	283,127	285,058
SUPPORT COSTS
			2021	2021	2021	2020
			Unrestricted	Restricted	Total	Total
Staff costs			7,078		7,078	6,831
Premises costs			17,306		17,306	15,726
Telephone, post, stationery &advertising			16,824	72	16,896	16,495
Consultancy fees			25,800		25,800	25,800
Legal &professional	fees		1,200		1,200	1,150
Loan interest			2,560		2,560	2,874
Sundry costs			636		636	2,099
Governance costs:
-Staffcosts			5,273		5,273	5,858
-Accountancy fees			3,256		3,256	3,072
- Legal &professional		fees
			79,933	72	80,005	79,905

STAFFC	OSTS
					2021	2020
Wages and	salaries				129,144	107,090
Social security costs					3,330	2,581
Other pension costs					1,450	1,408
					133,924	111,079
The average monthly		number ofemployees		during the year was as follows:
					2021	2020
Office					2	2
Hostel and	Outreach				9	9
No employees received emoluments			in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	fliilds
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies			17,610	91,584	109,194
Charitable	activities
Supporting	the homeless			165,902		165,902
Other trading activities				3,361		3,361
Total				186,873	91,584	278,457
EXPENDITURE ON
Charitable	activities
Supporting	the homeless			200,351	84,707	285,058

		Notes to the Financial Statements - continued	Notes to the Financial Statements - continued	Notes to the Financial Statements - continued
			for the Year Ended	31March 2021
10.	COMPARATIVES	FOR THE	STATEMENT OF	FINANCIAL ACTIVITIES	-continued
				Unrestricted	Restricted	Total
				funds	funds	funds
				(13,478)	6,877	(6,601)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		466,791	28,411	495,202
	TOTAL FUNDS CARRIED FORWARD			453,313	35,288	488,601
11.	TANGIBLE FIXED	ASSETS
						Improvements
				Freehold	Short	to
				property	leasehold	property
	COST
	At 1 April 2020			429,999	89,880	15,009
	Additions
	At 31 March 2021			429,999	89,880	15,009
	DEPRECIATION
	At I April 2020				89,880	15,009
	Charge foryear
	At 31March 2021				89,880	15,009
	NET BOOK VALUE
	At 31March 2021			429,999
	At 31 March 2020			429,999
				Fixtures
				and	Motor
				fittings	vehicles	Totals
	COST
	At 1 April 2020			53,208	5,000	593,096
	Additions			945		945
	At 31 March 2021			54,153	5,000	594,041
	DEPRECIATION
	At I April 2020			47,808	5,000	157,697
	Charge for year			1,716		1,716
	At 31March 2021			49,524	5,000	159,413
	NET BOOK VALUE
	At 31 March 2021			4,629		434,628
	At 31 March 2020			5,400		435,399

Coatham House Enterprises Limited Registered office: Nature ofbusiness: Lets accommodation	to young people
Class ofshare	holding
Ordinary	100
		2021	2020
Aggregate capital and reserves Loss for the year		(13,056) ~432)	(12,624) (11,876)
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021	2020
Trade debtors		20,237	12,226
Amounts owed by group undertakings		51,840	56,590
Other debtors		52	853
Prepayments		880	2,776
		73,009	72,445

		2021	2020
Bank loans and overdrafts	(see note 16)	8,800	8,600
Trade creditors		5,013	3,378
Other creditors		811	320
Accruals and deferred income		7,728	7,427
		22,352	19,725
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		2021	2020
Bank loans (see note 16)		87,638	96,200
LOANS
An analysis ofthe maturity	ofloans is given below:
		2021	2020
Amounts falling due:
Within one year		8,800	8,600
Between one and two years		9,000	8,600
Between two and five years		27,000	26,700
More than five years		51,638	60,900
		96,438	104,800

				Net
				movement	At
			At I/4/20	in funds	31/3/21
Unrestricted funds
Unrestricted funds			335,455	65,789	401,244
Revaluation Reserve			117,858		117,858
			453,313	65,789	519,102
Restricted funds
Lloyds TSB				23,900	23,900
Virgin Money			18,200	(18,200}
Ballinger Community Foundation			15,000 2,088	(12,500} ~770)	2,500 1,318
			35,288	~7,570)	27,718
TOTAL FUNDS			488,601	58,219	546,820
Net movement in funds, included		in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
Unrestricted funds			246,855	(181,066)	65,789
Restricted funds
Lloyds TSB			33,000	(9,100)	23,900
Virgin Money			20,000	(38,200)	(18,200)
Ballinger				(12,500)	(12,500)
Community Foundation			5,641	(6,411)	(770)
LandAid Chariable	Trust		10,000	(10,000)
Homeless Link			10,000	(10,000)
Covid Response			8,850	(8,850)
Zedra Trust Hilden Charitable	Fund		2,000 5,000	(2,000) ~5,000)
			94,491	L302,061)	7,570
TOTAL FUNDS			341,346	(283,127)	58,219