2020-09-30-accounts

Raven House Trust Directors Report

October 2019 – September 2020

Main developments:

Trustees

2 trustees resigned from their positions during this period, Ronald Prosser & Peter Davies.

1 new trustee joined during this period, Julia Hitchcock

Trustee meetings have been conducted on a frequent basis, sometimes weekly throughout the pandemic to agree a way forward for the business

Staff

Staffing levels remained the same however due to COVID most staff were furloughed/flexi furloughed from April 2020 onwards.

Overview

The shop takings were impacted by the various lockdowns as we had to close the shop and could not collect or deliver items of furniture. During this time, an overhaul of the shop premises took place to allow Raven House to focus mainly on furniture sales.

Much fundraising took place during the lockdowns to ensure we were able to continue to support the local community with food through our foodbank. Previously RHT provided an average of 15 food parcels per week costing an average of £20 per food parcel during the initial lockdown this increased to a maximum of 215 parcels given out in one week.

We secured a reduction on rent of £1,560 commencing March 2021 due to the loss of income throughout this period.

Aid Referrals (furniture packages to those in need) had to stop due to the lockdowns with these stopping in March 2020 and did not recommence during the remainder of this period.

Food/furniture given out during the accounting period was valued at £77,685 which is a significant increase over the previous accounting year, this was mainly a result of the food parcels issued.

Food parcels are no longer issued directly to the recipient of the food due to COVID restrictions. We supply directly the agencies we work with who ensure the food parcels are issued to those in need. This supports our GDPR policy to retain less personal data as we no longer have to keep records of who the food is distributed to.

Bruce Johnson

Chair

RAVENHOUSE TRusr tJMITED A REGISTERED CHARrrY T￿MBER. 1031971 A REGISTERED COMPAI¥Y L¥UMBEIi.02886655 (ENGLAND and WAtFs) 27&278 Crommtll Ro South Wales. NP19 OFtr INDEX TO ACCOUhTS FOR THE ￿AR ENDED 30th SErrEMBER 21)20 Balance SFttt &14

RAVENHOUSE TRusf LIMfwED 1031971 2886655 301hSEPTEMeER 2020 trlJSteeS￿)nslderth9I an a￿111 is nOt[￿￿￿TtyJ ftff theye4r.u[th￿ti¢jn 144oftheCbaTities It ￿n￿resE￿￿1b]IitytO.' CharityCotDmission lun(kr5¢thion l45(5Xbl of th¢ CharibesAOr#l true aDd t￿ttylew aDd the reFKxtis l][nit￿l0 th(¢I￿att•s5¢l￿t ULthe 5tatementbe]ow. ethnply with Telcwalltarco￿J￿DRTo4ll1TeM¢￿urdcrSeCfl￿ 396ofthe 6 P8dt T(d Newbridge NPI14RF tkn.. 8th J8ttuary2020

RAVENHOUSE TRusf UMrrED FOR YEAR F.NDED 311th SEvfEMBER 2020 2020 2019 2019 2019 Fwidj Fwids Fllllds Funds Funi15 Ineoming R¢S0￿re¢S Gifts in Kind Dot)ations, B¢ql￿ Gifts Tax Retover¢d GiftAid Warehouse / Shop Income Grants Illvtstme￿ Income 18 77,685 35,749 6,718 50J42 iO,(MK) 81.133 158,818 57,382 55218 112.600 9.791 45340 22,075 3,591 25.666 6,718 9,508 9.508 50J42 34,155 34.155 iO,(MM) 12 10 io 13 Incoming Reso¥ttes 180.496 W.934 271.430 123.123 58.819 181,942 Resovrees Expendtd Gifts iu Kind Other OiftsNe<ly Direct C]Jaritsble Ex￿di￿￿e Management artd Administiati¢XL 18 77.685 81.133 158.818 57382 4.147 4.147 88J28 4J33 55218 112,6(M) 1766 2.766 73.534 5,306 88J28 4J33 73.534 4932 374 ResonMes Ewd¢d 170J46 85280 255.626 135.848 58J58 194206 Mt)Y#A¢nt ITr befoY¢ trth(-Iklldt) 10.150 5,654 15.804 -11725 461 rlov¢wEQtift¢r¢x¢tpthul Irews 10.150 5.654 15.804 -11725 -11264 Tr4n$fer5 Net Movement in Funds F•rYear Bal8￿Ce brought EoThvard 10,150 29,189 5,654 7397 15,804 -11725 36586 41,914 461 -12,264 6.936 48,850 b¥lanceJ c*rried fonvxrd £39J39 £13.051 £513￿ £29,189 £7J97 £36,586

RAVENHOUSE TRU￿ LIMfFED BALANCE SHEET AS AT 31)th SEPTEMBER 2020 . 2020 2(119 2019 2019 Unrt5tridRestiicted Fwnds FuThds hHd5 F4od5 Totsl Fixed Assets Tattgible Assejs CvrrelltAg8¢ts Debtors C&8h ai Bankand itsHa￿l io 12S 1290 l(KTri 2.IXJI li 37,859 13.051 50,910 29388 39,149 13,051 S22￿ 31389 7397 7397 36.785 38.786 Current Liabllhles Creditors. Atnounts falling th]e within one yw- AcC￿￿S Net Current A55etsl.l.ibili¢w) 12 1.1 3&049 i.1( 51.1(K 1.1 30289 1,100 37,686 13.051 7397 Total Ass¢ts less ernt libililKs Creditots- A]noullts fa]ling d atlcrmorethan one ytsr 39J39 13.051 52JgYI 30289 7J97 37,686 12 I,l(Kl £39J39 £13.051 £513￿ £29.189 1,100 £7397 £36,586 Capital Funds 13 13 39J39 39J39 13051 13.051 £39339 £13.051 ￿2.390 £29.189 29,189 29,189 7,397 7,397 £7J97 £36,586 se￿i0￿ 477 of The ComrfflLie5 Act 2(K6 telatingto Si￿all corn￿1¢& Director5, rtsp)nsibiiities.' Th¢ m¢mb¢rs have not tequired thtcomrArrykn otrAainatt 8￿it of its a¢¢ourJts for th¢ yw in question in accorth with 5ertion 476. the dir¢Gtor5 acknowledge theit testm)n￿1)llities for complying￿7ththC requirerne￿ of TheAct subject to the small con)prues re￿ *dion 381. Advgntage h&8 been tskw in the pwtion of the of 4ttial exer0￿10]L8 applicable to smau companies on the • tw iti the COU￿￿] of opijjion the ￿MpanY qualifie5 &8 asmall comptsy uttder s381 & $396 of The cOmrA￿ Act 21Xkn.

2019 112.612 69,342 112,612 96,820 69,342 93,194 Operatitig SrtrphLqI.I)efi¢it 15,792 -12275 Interest Receivable terest Payable gThJ ￿￿lIar¢h 12 li Surplus/.DefKit OD ordiRsry divitiu Before T.au¢ion 15.804 -12264 Surp1￿/.Defj(lt ￿ ordw xthities AfterTautioll Exeeptioj￿I Item Profit-Lw on di4Ksal Freehold Prowty 15.804 surplU￿.Dth1É ¥ftcr ¢xt¢pti0D￿ it¢ 15.804 -12264 3fi586 48.850 £52J90 £36,586

RAVENHOUSE IRUST tJMtlED NOTES TO THE AccouKrs FOR YFAK ENDED 30th SEFfEMBER2020 NOTE I. ACCOUNrrNG POLIC when tbese are ￿1vable. I]JtA)Tne 5ak5 of donated has also trKen iDclud&S. Resources Ex Resources expended aTt inc]udul inthe stateme￿ of Fina￿181 Activities on Sn Incl￿$1￿ of any Valu¢ A(kJed T&x which C4DnotE¢ recovett The fitelKJldproptywuired in 2(NJO ha5 Frten induded atmatket value. All other fTeehold has be¢n i￿]￿1 at COSL T￿atIon As a registeThl cbaTityth¢ T￿￿ Etnefits from T¥tes relief aryj is gen￿alty exempt from Corporation Tax but wt froTD val￿ Added T￿. I[r￿verable Vaibx A(kkd Tax i8 included iti the cost tsf tb)5e itemsto which it relate

RAVENHOUSE TRUST tJpArrED NOTFS TO THE AccouNrs FOR YFAR ENDED 30tb SEFtEMBEt12020 Fund Accountill with the charitabl¢ objects. NOTE 2. Turnover pwle attd the provision of tsai TE 2. Grarrt Incotne Th￿¢ wa5 gtallt income totslling £IO,(m ￿£eIVed ititbeyear e*thl 31hh Sept£Eth 2020 (2019: Nil) Page 7

RAVEf4HOUSE TRUST LIMrrED NOTES TO THE ACCOUPUS FOR YEAR ENDED31hk SEYfEMBER 2020 21120 2019 2019 2019 F•nds Fll•ds tDds Provi$ion of Premlx BuildingreFOifS Insurance Water Heat 2nd Light Rate5 2,480 985 105 1.039 2.637 1.039 2.637 985 105 EIEEIE IIM7 744 2.047 744 1.967 1224 1.967 1224 6J61 6J61 7.051 7.051 Charity Sh(bpIWarehoue Trndi## 21,9¥2 42287 13.750 3,188 7(￿ 21,9¥2 42287 13.750 Salaries and W88ts 51 J51 105 51,351 10.500 Vehicle Costs Sundrics !!!i[ 3.188 3,631 3.631 81.967 81.967 66.4f3 66.483 TOTAL £88J28 £88,328 £73 J34 £0 £73.534

RAVENHOUSE TRUST LtMtTED FOR YUR ENDED 30th SEvfEMBER 21Tr20 Nots S FuDd Raiii Costs There were no fi￿d raising costs during thr ycar. 2020 2020 2019 2019 2019 Totsi Fwids Total Funds F￿d# Fu•ds Funds Printing. Postw & Statioii¢ry Telephone [phone] 293 625 4M 95 529 226 430 129 355 430 900 Softmwe tLEa] and PrOf￿510nal Chatg Subscriptiotss 293 535 1,424 319 £4.932 535 1.424 319 £5,156 Advertising I.￿5 174 £4J33 l 875 174 £4J33 TOTAL £0 £224 Total Total r4ote 7 0 erati This is 8tstd after chJrgillg:_ 711 711 Note 8 Wa ts aknd Salaries 41287 41287 AverBge numE¢rof cmployees No ¢]nploytt va5 rAid in excess of £60.(NJ) Note 9

RAVENHOUSE TRUSf LIMrrED NOTE 10. TAPIGIBLE FIXED ￿E73 AS AT 31hb SEYtE,MBER 202 DEPRECIATION MEfHOD. ETRAIGHT LINF. DfpRCc￿￿0N 2(Vo 33% COST 5,430 8556 13.986 Disposals CLOSING BAIANC 5.430 8.556 13.986 DEPRECIATION 5.430 6,555 11,985 DissM)sa]s Charge for y 711 CLOStNG BALANC 5.430 7266 12.696 NET B￿K VALUE At be8itYJLing of y £2.001 £2,001 At end of y £12 £12gY> Page 10

RAVENHOUSE TRusf LI￿￿[TED NOTES TO THE ACCOUYTS Note 10 Fixed knsets co￿tIll￿<d and theÉr marketvalue at 3(hlL S¢fftiw2020 £704 (2019..£643) Tot*i Tots] Note 11 D¢blon Sundry Deb￿5 r4ot¢ A2 Creditors- Amo¥nts d•twithin o 1.100 1,100 I,ioo 1.100 Pageii

Ix>i'i )I'i stxjnd w?W58Jttn SFiInJ pwuisau .q￿Tr aTWT.qW.I SPBSV p•xu SPSSV JO 06tz £6tr'trL13 L6t0613 98S'9£3 6Ef6£ 9k¢oLI 96'08I 681, 6£f6£ 9trfoLI 96tr'081 681. 1S0'El Ltrl'tr 108.6 L6fL Iso'ii Llrl'sy 108.6 L6fL r4upu pty)A punj ￿ld 3)M￿y s(￿) gNL¥adO S¢JNna Iviidv) £1 JION OZOZ IIIO£ a31tN3 110 S￿￿03)y 01 S&LON JsnLL ss.iOH￿S￿v

RAVLryHOUSE TRLST Llh(ITED NOTLS TO THE ACCOUYTS FOR YEAR EfqDED30th SEFfEMBER 202(1 Note 15 Called U Shre Ca 'lTr£ eompatty is li]nited by guarantcc and h&$ no the ¢apitsL Evy meTDber of the company bas undert&eD to eontribLlle S￿ 8ttM)utsts a8may (wt ¢xceedin8 £5) to the coMF￿S &8sets if li should k MY)uttd w) while helshe 15 a memEer. orwithin one year after belshe a muthr. Note 16 Tran￿¢110￿5 Fitb trustees *d Collllttt￿ Persons the yeAr. 17Ca itsl Commitillellt 202012019". nil) 18 Gifts in Kind In addition to the £158,818 (2019.. £1 Illth) of rAtc¢]s. EeddI￿ Clothi￿ fi]AJiture and otlwrbott%ehold it¢ms receiv￿ &$ ￿£t$-]n-kir￿j arbl disthutsA dwin8 the year. the mpany hcld £tiil12019Sllil ) of th￿¢ ittrns fordi5triErtrtiOD at 30th SeptemFxr 2020. 77,685 81.133 158,818 19 RAVEN HOUSE AND SISTER ORGAfiIsATIONS Rave]Jhouse h¥ act￿ as an umbrella cljatity ￿ help sts)allertTrwilable i)rgauis8tiOD5 with simiknobieets. oullts Amounts held at bwjk ected ID Balance S￿￿t 2020 2019 FA 202 Bdtws Stow Patk & RaVeth￿ Food BaDL. 53205 Caidi¢ot Food BaDk 27.928 81,133 20 36,350 18.868 55218 13.051 13,051 7J97 7.397 Pagr 13

A REGISTERED COMPANY NUMBER ￿2886655 (ENGLAND atsj WALES) ADDRLSS: Neryr South Wak& NP19 OFrr IIIIIHI *14t

RAVTNllOL%E TRUST UMrTE lo31￿] . 145 Of1￿ awiix5 bY1￿CharMY COrn5w5￿ (Ur￿ sectth l45(5Xbl of ihE(Jw to ¢ompty wilhrekvatrt of Cornwi¢5 2{￿ orE tkx withtkCFwit*% (FRS I￿£) 6P&rkr NPI14R

FOR YEARENDED 30th SEYTEMBER 2020 2020 21119 2019 2019 N•tos Fund8 FDnds Fuudx [DtOo￿Dg Re￿￿rt Oifts ill Kird 18 Tl,085 35.749 6,718 50J42 io,( 81,133 158.818 57382 9,79 45540 22.075 718 9.508 50J42 34,155 lo(￿¥) 12 55218 112,f 3591 25,666 9508 34.155 ax Recovered Gift Aid 8￿h9￿/ SIK)p lllco Grants InvestttDt I1￿￿¢ io io 13 IDwthittgRttouYe¢5 180.496 90,934 271.430 123.123 58,819 181,942 R¥onrttJ ExpeDdtd 18 T7.685 81.133 158.818 4.147 4.147 88J28 73534 4J33 4.932 57.382 55218 112,600 1766 1766 73.534 5J06 Otlkr Gifts Needy Direct CI￿l￿b￿ Exper¥lit 88J28 4333 374 85280 255.626 135.848 58J58 194.2Q6 Re80urct8 170J46 10.iyj 5.654 15,804 -11725 -12,264 10.150 5,654 15.804 -11725 461 -12.264 Net Mov¢m•t For Year 10.150 29.l89 5,654 7J97 15.804 -12,725 36586 41gl4 461 -12,264 936 48.850 Fund blthtts ur¥i¢d forw*rd £39.339 £13,051 £513￿1 £29.189 £3J97 £36,586

RAVENHOUSE TRUST IJMITED BALANCE SHErr 2020 2019 2•19 u￿rt￿r1dReltrI￿ed Fund6 Totl 2019 P4otes Finds Totsl iooi Tangible A￿18 CutTeDt Assets Debtor5 C&%h 38tsk aTd trAH￿•t io 1,2 37159 39.149 13.051 13.051 $0 910 29388 512 31,389 7J97 36.785 7297 38.786 CurrtD¢ LiabS1iti Crditors. A#K)WLts ￿ th withuiott ycar. Ac¢ruab Ne¢ CurYeDi AJa¢ts(.IAbllitlu) 12 1,1 049 i.i(x) 51.IlX) 13.051 30,289 7J97 37.686 Total Assets Iw ¢¥rrtht liabl￿tI 39J39 13.051 513W 30289 7J97 37.686 12 1.1 £39J39 £13.051 £52,390 £29.189 £7J97 £36,586 39.339 29,189 29.189 13051 13.051 7.397 £39J39 £13.051 UI390 £29,189 ￿,397 £36.586 Cplll Fullds 13 13 39J39 g¢ctkon477 ofTrCompgDi&S Al%2￿6 TrknD¥iO subject to thc srllall ￿1)¥9￿5 re8itrt sectN?n 381.. quabfts &% a st￿1 c05ryny utrler s381 & ofTr Cknrnpk￿5 Art 2006.