| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 18 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME | AND ENDOWMENTS FROM | |||||
| Donations | and legacies | 6,365 | 42,013 | 48,378 | 116,904 | |
| Charitable | activities | |||||
| Supporting | the homeless | 265,780 | 265,780 | 221,080 | ||
| Other trading activities | 4,232 | 4,232 | 3,362 | |||
| Total | 276,377 | 42,013 | 318,390 | 341,346 | ||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Supporting | the homeless | 234,226 | 69,157 | 303,383 | 283,127 | |
| NET INCOME/(EXPENDITURE) | 42,151 | (27,144) | 15,007 | 58,219 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
519,102 | 27,718 | 546,820 | 488,601 | ||
| TOTAL FUNDS CARRIED FORWARD | 561,253 | 574 | 561,827 | 546,820 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 432,340 | 574 | 432,914 | 434,628 |
| Investments | 12 | I | I | 1 | |
| 432,341 | 574 | 432,915 | 434,629 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 87,158 | 87,15& | 73,009 | |
| Cash at bank and in hand | 143,393 | 143,393 | 149,172 | ||
| 230,551 | 230,551 | 222,181 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (19,363) | (19,363) | (22,352) | |
| NET CURRENT ASSETS | 211,188 | 211,188 | 199,829 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 643,529 | 574 | 644,103 | 634,458 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
15 | (82,276) | (82,276) | (87,638) | |
| NET ASSETS | 561,253 | 574 | 561,827 | 546,820 | |
| FUNDS | 18 | ||||
| Unrestricted funds |
561,253 | 519,102 | |||
| Restricted funds |
574 | 27,718 | |||
| TOTAL FUNDS | 561,827 | 546,820 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Donations | 6,366 | 2,149 | |||||
| Grants | 42,012 | 104,490 | |||||
| Government grants (Job |
retention | scheme) | 10,265 | ||||
| 48,378 | 116,904 | ||||||
| Grants received, | included | in | the above, are as follows: | ||||
| 2022 | 2021 | ||||||
| Lloyds Bank Foundation | 33,000 | ||||||
| Virgin Money Foundation | 20,000 | ||||||
| Ballinger Trust | 20,000 | ||||||
| Redcar &Cleveland | BC | 10,000 | |||||
| Homeless Link |
10,000 | ||||||
| County Durham | Community | Fund | 2,940 | 5,640 | |||
| COVID Response | 8,850 | ||||||
| Kickstart scheme | 18,072 | ||||||
| Arnold Clark Community | Fund | 1,000 | |||||
| The Hilden Charitable | Fund | 5,000 | |||||
| Landaid | 10,000 | ||||||
| Zedra Trust | 2,000 | ||||||
| 42,012 | 104,490 |
| OTHER TRADING | ACTI | VITIES | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Miscellaneous income |
4,232 | 3,362 | |||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||
| 2022 | 2021 | ||||||
| Activity | |||||||
| Rents and housing benefits | Supporting | the homeless | 248,776 | 208,580 | |||
| Support services | Supporting | the homeless | 17,004 | 12,500 | |||
| 265,780 | 221,080 | ||||||
| CHARITABLE ACTIVITIES COSTS | |||||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||||
| Costs allocated directly | to activities: | ||||||
| Staff costs | 113,463 | 30,822 | 144,285 | 121,572 | |||
| Premises costs | 48,331 | 48,331 | 46,461 | ||||
| Telephone, post stationery &advertising |
1,178 | 1,178 | 140 | ||||
| Insurance | 7,295 | 7,295 | 6,483 | ||||
| Travel &training | 2,530 | 600 | 3,130 | 2,042 | |||
| Sundry costs | 1,010 | 1,010 | 3,005 | ||||
| Bad debts | 4,038 | 4,038 | |||||
| Depreciation | 970 | 744 | 1,714 | 1,716 | |||
| Grants payable to subsidiary | 13,491 | 13,491 | 21,701 | ||||
| Support costs (see note | 6) | 55,411 | 23,500 | 78,911 | 80,005 | ||
| 234,226 | 69,157 | 303,383 | 283,125 | ||||
| SUPPORT COSTS | |||||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||||
| Staff costs | 7,413 | 7,413 | 7,078 | ||||
| Premises costs | 6,441 | 7,500 | 13,941 | 17,306 | |||
| Telephone, post, stationery &advertising |
8,361 | 11,000 | 19,361 | 16,596 | |||
| Consultancy fees |
20,800 | 5,000 | 25,800 | 25,800 | |||
| Legal &professional | fees | 1,200 | 1,200 | 1,200 | |||
| Loan interest | 2,411 | 2,411 | 2,560 | ||||
| Sundry costs | 387 | 387 | 636 | ||||
| Governance costs: |
|||||||
| - Staffcosts | 5,302 | 5,302 | 5,273 | ||||
| -Accountancy fees |
2,976 | 2,976 | 3,256 | ||||
| -Legal &professional | fees | 120 | 120 | ||||
| 55,411 | 23,500 | 78„911 | 80,005 |
| 2022 | 2021 |
|---|---|
| 1,714 | 1,716 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and salaries | 150,634 | 129,144 | ||
| Social security costs | 4,510 | 3,330 | ||
| Other pension costs | 1,857 | 1,450 | ||
| 157,001 | 133,924 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2022 | 2021 | |||
| Office | 2 | 2 | ||
| Hostel and Outreach | 10 | 9 | ||
| 12 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 22,413 | 94,491 | 116,904 | |
| Charitable | activities | ||||
| Supporting | the homeless | 221,080 | 221,080 | ||
| Other trading activities | 3,362 | 3,362 | |||
| Total | 246,855 | 94,491 | 341,346 | ||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Supporting | the homeless | 181,067 | 102,060 | 283,127 |
| Notes to the Financial Statements -continued for the Year Ended 31March 2022 |
Notes to the Financial Statements -continued for the Year Ended 31March 2022 |
Notes to the Financial Statements -continued for the Year Ended 31March 2022 |
|||
|---|---|---|---|---|---|
| 10. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | —continued | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| NKT INCOME/(EXPENDITURE) | 65,788 | (7,569) | 58,219 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 453,313 | 35,288 | 488,601 | |
| TOTAL FUNDS CARRIED FORWARD | 519,101 | 27,719 | 546,820 | ||
| 11. | TANGIBLE FIXED | ASSETS | |||
| Improvements | |||||
| Freehold | Short | to | |||
| property | leasehold | property | |||
| COST | |||||
| At 1 April 2021 and 31March 2022 | 429,999 | 89,880 | 15,009 | ||
| DEPRECIATION | |||||
| At 1 April 2021 | 89,880 | 15,009 | |||
| Charge for year | |||||
| At 31March 2022 | 89,880 | 15,009 | |||
| NET BOOK VALUE | |||||
| At 31 March 2022 | 429,999 | ||||
| At 31 March 2021 | 429,999 | ||||
| Fixtures | |||||
| and | Motor | ||||
| fittings | vehicles | Totals | |||
| COST | |||||
| At 1 April 2021 and 31 March 2022 | 54,153 | 5,000 | 594,041 | ||
| DEPRECIATION | |||||
| At 1 April 2021 | 49,524 | 5,000 | 159,413 | ||
| Charge for year | 1,714 | 1,714 | |||
| At 31 March 2022 | 51,238 | 5,000 | 161,127 | ||
| NET BOOK VALUE | |||||
| At 31 March 2022 | 2,915 | 432,914 | |||
| At 31 March 2021 | 4,629 | 434,628 |
| Coatham House Enterprises Limited Registered office: Nature ofbusiness: Lets accommodation |
Coatham House Enterprises Limited Registered office: Nature ofbusiness: Lets accommodation |
to young people | ||
|---|---|---|---|---|
| Class ofshare | holding | |||
| Ordinary | 100 | |||
| 2022 | 2021 | |||
| Aggregate capital and reserves |
(43,314) | (12,474) | ||
| (Loss)/profit | for the year | (30,258) | 150 | |
| DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| Trade debtors | 19,817 | 20,237 | ||
| Amounts owed by group undertakings |
67,200 | 51,840 | ||
| Other debtors | 52 | 52 | ||
| Prepayments | 89 | 880 | ||
| 87,158 | 73,009 |
| CREDITORS: AMOUNT | S FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Bank loans and overdrafts | (see note 16) | 7,000 | 8,800 |
| Trade creditors | 2,572 | 5,013 | |
| Other creditors | 2,044 | 811 | |
| Accruals and deferred income | 7,747 | 7,728 | |
| 19,363 | 22,352 | ||
| CREDITORS".AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 2022 | 2021 | ||
| Bank loans (see note 16) | 82,276 | 87,638 | |
| LOANS | |||
| An analysis ofthe maturity | ofloans is given below: | ||
| 2022 | 2021 | ||
| Amounts falling due: |
|||
| Within one year | 7,000 | 8,800 | |
| Between one and two years | 6,800 | 9,000 | |
| Between two and five years | 20,400 | 27,000 | |
| More than five years | 55,076 | 51,638 | |
| 89,276 | 96,438 |
| 2022 | 2021 | |
|---|---|---|
| Within one year | 13,150 | 19,438 |
| Between one and five years | 15,500 | 28,650 |
| 28,650 | 48,088 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At I/4/21 | in funds | 31/3/22 | ||
| Unrestricted funds |
||||
| Unrestricted funds |
519,102 | 42,151 | 561,253 | |
| Restricted funds |
||||
| Lloyds TSB Ballinger |
23,900 2,500 |
(23,900) (2,500) |
||
| Community Foundation |
1,318 | (744) | 574 | |
| 27,718 | (27,144) | 574 | ||
| TOTAL FUNDS | 546,820 | 15,007 | 561,827 | |
| Net movement in funds, included |
in the above are as follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| Unrestricted funds |
276,377 | (234,226) | 42,151 | |
| Restricted funds |
||||
| Lloyds TSB Ballinger Community Foundation Arnold Clarke Kickstart |
20,000 2,940 1,000 18,073 |
(23,900) (22,500) (3,684) (1,000) (18,073) |
(23,900) (2,500) (744) |
|
| 42,013 | (69,157) | (27,144) | ||
| TOTAL FUNDS | 318,390 | (303,383) | 15,007 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1/4/20 | 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 | 15,000 | (12,500) | 2,500 | |||
| Community Foundation |
2,088 | (770) | 1,318 | |||
| 35,288 | (7,570) | 27,718 | ||||
| TOTAL FUNDS | 488,601 | 58,219 | 546,820 | |||
| Comparative 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 | 2,000 | (2,000) | ||||
| Hilden Charitable | Fund | 5,000 | (5,000) | |||
| 94,491 | (102,061) | (7,570) | ||||
| TOTAL FUNDS | 341,346 | (283,127) | 58,219 |