## **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¢ tr*th(-Iklldt)
10.150
5,654
15.804 -11725
461
r*lov¢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.i*bili¢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 li*bililKs
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 di4K*sal
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<L
"ble Fixed As￿ts and
Motor V¢hiclES
Ft¢ehold LAnd attd Buildin
Deprectalion is only pmvided OD frth)Id ]and 8Dd buil¢JiDgs Wh￿ the Tn￿e¢S considerthat tbe
remaining useful life xs less than 50 year> 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
213
659
213
659
28
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 Sh*re 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{￿ or*E 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
Investtt*Dt 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 b*lthtts 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 Tot*l
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(.IA*bllitlu)
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
C*pll*l 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 c05ry*ny utrler s381 & ofTr Cknrnpk￿5 Art 2006.