## **Raven House Trust Directors Report** 

## **October 2020 – September 2021** 

Main developments: 

## Trustees 

2 trustees resigned from their positions during this period, Margaret Smith & Henry Davies. 

1 new trustee joined during this period, Jason Hughes 

Trustee meetings have been conducted on a regular basis. 

## Staff 

A change at management level has seen the role move to a job share with the roles being split to Operations Manager & Finance Manager roles. 

RHT recruited a placement through the Government Kickstart Programme. The position being filled from August 2021 onwards for a 6 month period. At the time of writing the candidate has secured a permanent full time position with a local printing company and commences employment with them on 07/02/22. 

6 permanent staff are employed by RHT with the additional member reported being the Kickstart member. 

## Overview 

The income driven by the charity shop was significantly reduced due to both lockdowns and restrictions. Various COVID business grants were secured totalling £14,000 plus a £3,000 for shelving for the foodbank. 

We purchased a new van in March 2021. This was funded by £7,500 grant together with donations plus a loan over a 3 year period, the repayments of which are funded by a sponsor. 

Food parcels distributed during the financial year fed 11k people. The value of food parcels distributed amounted to £104k. Aid Referrals (furniture packages to those in need) recommenced in May 2021 with £23k of free furniture being distributed to Sept 2021. 

Food parcels are no longer issued directly to the recipient of the food due to COVID restrictions. We directly supply 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 TRUST LiMrrED
A REGISTERED CHARTfY NUMBER . 1031971
A REGISTERED COMPANY hlJMBER.. 02886655 (ENGLAND and WALES)
ADDRE&S .
27&278 Cromwell Ro
New￿￿¢
South Wales.
NP19 OHr
INDEX TO AccoU￿rS
31)th SEPTEMBER 2021
Page
Description
Independent Examinevs Report
ststemellt of Financial Activities
Balance Sbeet
JneA)me and Expenditure Account
Notes ts the accou
&12

INDEPENDEr￿ EXAMtNER'S REPORT TO THE TRUSTEES OF
RAVEf4HOUSE TRUST LLwfED
A re￿￿ed ckwity number..
1031971
Co)npany registrfion nutth.. 2886655
FOR JHE YEAR ENDED
30th SEPTEMBER 2021
The report relates io financial statements 5& Out from page 3 ￿ 13.
Respecttye responsib￿111¢$ oftrusttts and eJaminer
The trnstees are resporLsiTr)le for the preparation of the accounts. The cl)aritys
tntstees Consider that an audit is not reqllired for the year. under seaion 144 of the Chariti&%
Act 2011 (the CharitiL% Act) 8Dd that au indepe￿dellt exaD]inallon is neeAled.
It is my responsibiliry to:
- examine the accOW￿ under section 145 of the Charities A
. to follow the pr(￿edureS laid down ill the general DireaioDS Ei
by the Charity Con]nwsion (under section 145(5Xb) of the Charities Acwd
. to state whether particular ￿￿tte[SI)8Ve Come to w attentiOlL
Basis of independent examinerfs report
My exatDination was carried out in accordance witb the General Directions given by the Charity
Conunission. An ex8mitwon inejudes a review of the accouDbn8 records kept by tbe ch￿lty
0]￿ a comyarisoJL of the accounts prwted with those records. It also includes Wll5ideration of
ally unusu81 iteJDS or disclosures in the accounts. and seekillg explanauons from the trustees
concerning any sucb matters. The Procedures undth do not provide all the evidence tlllt would
b¢ required in an alldit. and coJ)sequendy no opinion is give￿ as to Wheth￿ the accowits present a
trne 8nd faiv view alld theryort is lill]ited to those n￿rt￿5 sd Out in the statement below.
IDdepetydellt examiner's sl2tement
Jn connection with )ny exaMI￿tion , no matterh&5 Coll￿ to my attention to indicate that..
- accounting iecords have not been kept in accordance with section 386 of the
Companies Act ?006
- the accounts do noi accord with sudLrecords:
. where accounts Prepared on an accruajs basis, whdhertbey foit
to comply with relevant accounDng requirements under section 396 of the
Companios Aa 2006. or are tsot corLSiStent with the ChaTiiie5 SORP (FRS 102)
. any JDatter which the eXa￿]ner klieves sbouldbe (Irawn to the attention of
the reader to gain a proper undeTSWiding of the accounts.
Mrs Susan Lewi5 FCCA
6 Park road
Newbridge
Newport
Gwent
NPII 4PF
Dale: 17th Decembw 2021
Page 2

RAVENHOUSE TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR YEAR ENDED 30th SEPTEMBER 2021
2021
2021
2021
unr￿trICted Restricted Total
Funds
Funds
Funds
2020
2020
2020
Ubrestrl¢t¢d Restricled Total
Funds
Funds
Funds
Notes
Incoming Resources
Donations, Bequests, Gifts
Tax Recovered Gift Aid
Warehouse I Shop Incorne
Grants
Investment Income
Sundry Incorne
Incoming Resources
74,287
4,111
23,642
28,286
3,841
78,128
4,111
23,642
40,286
35,749
6,718
50,342
10.000
9,791
45,540
6,718
50,342
i 0,000
12
12,000
io
2,208
132,534
2,208
15843 148377 102811
9801 112612
Resources Expended
Other Gifts Needy
Direct Charitable Expenditure
Management and Administration
4,147
8,805
4,147
97,133
4,333
101,139
3,878
8,805 109,944
3,878
88,328
4,333
Re$our¢es Expended
105,017
8 805 113,822
92,661
12,952 105 613
Movement in funds before transfers (-Defieit)
27,517
7,038
34,555
10,150
-3.151
6,999
Movement after exceptional Items
27,517
7,038
34,555
10,150
-3,151
6,999
Transfers
Net Movement in Funds For Year
Balance brought forward
5,485
33,002
39,339
6,864
41,419
52,390
8,417
13,051
10,150
29,189
-3,151
7,397
6,999
36,586
Fund balances carried fO￿ard
£72,341 £21,468 £93,809 £39,339
£4,246 £43,585
Page 3

RAVEIWOUSE TRUST LIMrrED
BALANCE SHEET
AS AT 31hh SEPTEMBER 2021
2021
2021
Unrestricted Restricted
Notes
Funds
Funds
2021
2020
2020
Unrestricted Restricted
Funds
Funds
2020
Total
Totsl
Flxed Assets
Tangible Assets
Current Assets
Debtors
Cash at Bank and in Hand
io
26,112
26.112
1,290
1.290
35,800 21,468
61,912 21,468
57,268
37,859
83,380 39,149
13,051
13,051
50,910
52,2C
Current Llabllltles
Creditors- Amounts falling due
within one year- Accruals
Net Current Assets(-Llabllltles)
12
3.673
58,239
3,673
79,707
I,ioo
38,049
I,IOD
51,100
21,468
13,051
Total Assets less current liabilities
Credltors- Amounts falling due
after more than one year
84,351
21.468 105,819
39,339
13.051
52,390
12
12,010
£72,341 £21,468 £93,809 £39,339 £13,051 £52,390
Capltal Funds
Unrestricted
Restricted
72,341
72,341
39,339
21468 21468
13051
13,051
£72,341 £21,468 £93,809 £39,339 £13,051 £52,390
39,339
Triese fllWICi81 statements were approved by the Council of Management on 17th December 2021
For the year ended 30th Sq)tember 2020, the company was entitled to exemption from an audit under
section 477 of The Companies Act 2006 relating to small companies.
Directors, rttponsibilities:
The members have n(rt required the company to obtain an audit of its
accounts for the year in question in accordance with section 476,
the directors acknowledge their responsibilities for complying with the requirements of The Act
with respect to accounting records section 386 and the preparation of accounts,
these accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime section 381.
Advantage has been tske￿ in the pryaration of the financial statements, of special exemptions applicable
to small companies on the grounds thaL in the Council of Management's opinion the company
qualifies as a small company under s381 & $396 of Th¢ Companies Act 2006.
SecTetaryrrrustee:............. .. ....
Page 4

RAVENHOUSE TRUST LI1￿llTED
INCOME A￿D EXPENDJTURE ACCOUNT
FOR YEAR ENDED 30th SEPTEMBER 2021
Notes
2021
2020
Turnover- Continuing Activities
148,377
112,612
148,377
113,822
112,612
Administrative Expenses
Operating Surplus/-Deficit
34,553
34,543
Other Operatin8 Income
Interest Receivable
Interest Payable and similar charges
12
Surplusl-Deficlt on ordlnary a¢tlvltAes
Before 'faxation
34,555
34,555
Tax on Ordinary Activities
Surplusl-Dtfieit on ordinary actlvities
After TaxAtion
I rdnsfers
Freehold Propety
34,555
6,864
34,555
Sllrplusl-Deficit after exceptional item
41,419
34,555
Tax on Exceptional Item
Retained surplus(-deficit) bmught forward
52,390
36,586
Retained Surplus(-Deficit) Carried Forwvdrd
£93,809
£71,141
Page 5

RAVENHOUSE TRUST LIMITED
NOTES TO THE ACCO
TS
FOR YEAR ENDED 30
EPTEMBER 2021
NOTE I.AC
G POLICIES
The following accollnting policies have been used consistently in dealing with items which are
considered material in relation to the f￿ancIal statements.
Accountin
onvention
The financial statements have been prepared under the historical cost convention other than
certain freehold propety which is included at valuation.
omin
Resource
Voluntary income is received by way of donations and gifts and is included in incoming resources
when these are Teceivable. Income from sales of donated goods has also been included.
Interest receivable is included when it is rerEived.
ources Ex ended
Resources expended are included in the Statement of Financial Activities on an accruals
basis, inclusive of any Value Added Tax which camlot be recovered.
Depreciation has been provided on cost at 21Y/o using the straight line basis.
Depreciation has been provided on cost at 200/0 using the straight line basis
oldL
and Buil
Depreciation is only provided on freehold land and buildings Whe￿ the Trustees consider that the
remaining useful life is less than 50 years, The f￿ehOLd property acquired in 2000 has been included
at market value. All other freehold property has been included at cost.
As a registered charity the Trust benefits from rates relief and is 8enerally exempt from
Corporation Tax but not from Value Added Tax. Irrecoverdble Value Added Tax is
included in the cost of tbose items to which it relates.
Income recovered on deeds of covenants and Gift Aid donations are credited to the
general unxestricted ￿nds.
Page 6

RAVE
NO
ETR
ST LIMITED
THE ACCOUN
30th SEpfE
FOR
NDE
R20
continued
Pen
ionc
The charity operates a money purchase pension scheme. The assets of the Scheme are held
and managed separately from those of the Charity,
nti
l. Unrestricted funds comprise those fimds which the Trustees are free to use in accordance
with the charitable objects.
2. Restricted funds are funds which have ￿en 8iven for particular pU￿oses.
3. Designated funds are unrestricted ￿ndS earmarked by the trustees for particular purposes.
The turnover and deficitlsurplus for the period is attributable to the compangs principal
activity, namely9 assisting those in need, alleviating hotnelessness, particularly among young
people and the provision of training.
NOTE 2.
t Income
Grant Income totalling £40,286 was received in the year ended 30th September 2021 (2020: £10,000)
Page 7

RAVENHOUSE TRUST LLNtrrED
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 30th SEYTEMBER 2021
NOTE 4 DIREcf CHARITABLE EXPE11￿TrURE
2021
Unrestrieted
Funds
2021
2021
2020
2020
2020
Restiieted
Funds
Total
Funds
ijnrestritted
Funds
Restri¢t¢d
Funds
Total
Funds
Provision of Premises
Building Trpairs
Insurance
Utilitie5
7,278
3,003
3.197
4.435
11,713
3.003
3,197
2.480
2.480
EIE
985
2,896
985
2,896
13,478
4,435
17.913
6,361
6,361
Charity Shoplwarehouse Trading
Food Purchased
Salaries and Wages
Pensions
Rent
Van Loan
Vehi¢le Costs
Kickstart
Sundries
Depreciatiom
3,417
3,417
64,963
1,363
7.752
1.836
3.441
953
2.2?8
6,078
92,031
21.982
42.287
21.982
42.287
64.963
1,363
7.75?
1.836
3.441
13,750
3.188
13.750
3.188
953
2228
6.078
87,661
760
760
4,370
81,967
81,967
TOTAL
£IOl.lJ9
£8.805
£109,944
£88,3?8
£0
£88,328
Page 8

RAVENHOUSE TRUST LIMtTED
NOTES TO THE ACCOUNrs
FOR YEAR ENDED 30th SEPTEMBER 2021
Note 5 Fund Raisin
Costs
There M'ere no fund raising costs during the year.
NOTE 6 M￿NAGEMENr AM) ADMLYISTRATION EXPENDITURE
2021
202]
2021
2020
Reslrictrd
Total
Funds
FuDds
2020
2020
Totsl
Fullds
Unrestricted
Funds
Unrestricted
Funds
Restricted
Fullds
Printing, Postage & Stationery
Telephone
Office EquipmenLIHardw8re
Software
Legal and Professional Charges
Subscriptions
Bank Charges
Advertising
Trustees, Inden￿lty Insurance
TOTAL
658
679
198
336
1,005
188
357
235
222
£3,878
658
679
198
336
1,005
188
357
235
222
£3,878
213
659
28
293
625
95
308
659
157
293
625
129
466
1,875
174
£4,333
466
1,875
174
£4,557
£0
£224
Total
Totsl
Note70
eratin
lus
This is stated after charging:_
Depreciation
2021
2020
6,078
711
INote 8 Wa
es and Salaries
Wages and salaries
64,963
42287
Average number of ¢rnployees
No employee was paid in excess of £60,000 per anum.
Note 9 Taxation
The company will seek exemption to coryoration tsx due to its cknitable status
Page 9

RAVENHOUSE TRUST LIMITED
NOTE 10 . TANGIBLE FIXED ASSETS AS AT
30th SEPTEMBER 2021
DEPRECI
N METHOD . 'STRAIGHT LINE,.
tATION ANNUAL
LAND & CHATfELS DESIGN
OVFICE
MOTOR
TAL
COST
Openin8 balance
Disposals
Additions
5,430
8-,556
13,986
30,900
30,900
IN
DEPRECIATION
Opening balance
Disposals
Charge for year
5,430
7,266
12,696
6,078
6,078
CLOSING BALAN
NET BOOK VALUE
At beginning of year
£0
£0
£0
£0
£1,290
£1,290
At end of year
£0
£0
£0
£0 £26,112 £26,112
Page 10

RAVENHOUSE TRUST LIMITED
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 30th SEPTEMBER 2021
Note 10 Fixed Assets
continued
The company owns 77 shares in National Grid. These shares were donated
and their market value at 30th September 2021 was £765 (2020:£704)
2021
Total
2020
Total
Note 11 Debtors
Sundry Debtors
nil
e wlth
Hire Purchase agreement Van - KN69 RUY
Accruals
3,673
800
I,ioo
Nole 12 Creditors - Amounts fallin
due after one
Hire Purchase agreement Van- KN69 RUY
12,010
Pagell

RAVENHOUSE TRUST LIMETED
NOTES TO THE ACCOUNTS
FOR YEAR ENDED 30th SEPTEMBER 2021
Note 13 Called U Share Ca
ItAI
The company is limited by guarantee and accordingly has no share capAtsI. Every member
of the company has undertaken to contiibute such amounts as may be required (not
exceeding £5) to the compangs assets if it should be wound up W￿le he/she is a
member, or within one year after helshe ceases to be a member.
Note 14 TraDsactlons wltb trustees and Conneeted Persons
There were no trallsdctionb betwccn the clwity and trustees or connected persons during
the year.
The charity has purchased insurance of £150,000 which WAII indemnify itself and its Trustees
against any losses suffered as a result of action tsken by its tsustee8.
Nots 15
lfts fin Kfind
Gifts in kind have been removed from ]n¢oming Resources as there is no monetary
income attached to these items.
The value of items donatsd to Foodbank are .
satioD Name
2021
20
Bettws Stow Park & Ravenhouse Food BankG £96,920 £53,205
Caldicot Food Bank
£7260 £27,928
£104.180 £81,133
Furnittjre / sunthy items to the value of £23,642 were donated to Ravenbouse during
this period.
Page 12

INDEPENDEI Nr EL4KtNER'S REPORT TO THE TRusfEKS OF
IL4VENHOUSE TRUST LIMifED
A registeied tharitynumbtr..
L031971
C¢)mpany reglstration number..
2886655
FOR TELE YEAR ENDED
30th SEPTEMBER 2021
Th¢ report relates to fwicial Stat￿￿ents set out from 3 to 13.
Respective respoJslbiIities of trusteu and enmiDeT
The ￿￿tee5 are responsible for the prep2radon of the aceouots. The th8ritys
stees consider that an audit is not Tequired for the year, under section 144 of the Charldes
Act 2011 (the CILarities Act) and that 8n independent examinallon is needed.
It ts my respotsslbllity to:
- examine the a¢counts under seetioll 145 of the Ch8rities Act
- to follow tkn procedures18id dowll in the general Directions given
by the CILaTlty Coll)mlsslon (under section 145(5)(b) of the CS]&rftl¢s Ac¢&nd
- to state whether pprticular matters ha￿ Come to Try att&itioIL
Basts of ludep¢ndeDt eximiner's report
My examination Was ¢arricd out in accordance with the General Direction5 given by the Charity
Cornrnission. An exomination includes a review of the &ccountill8 records kept bythe clwiry
alld a con￿9r150n of the aeeounts pffsented wlth those records. It atso laciudes collsideration of
any un]Jsual lten￿ or dis¢losuTes th the accounts. seeking explanailons from th¢ tru8tees
concur.ing any such rnatters. The procedures undertakell do Dot provlde au the ¢Ylden¢e that would
be r¢quir¢d in an audlt, and consequenity no opthim 1$ glven as to whether the accowts preswt a
ue 8nd falv vlew th¢ r¢port is limited 10 those matters set out Sn tbe st&iem¢ntbelow.
llldependellt examlner's stateJu¢nt
In co]]ne¢uon with my examinatlon, no matterhas co]lle to my attention to itidicate that..
- a¢eountin8iecords bave not been kept aceordancewith se￿1￿n 386 ofth¢
Companirs Act 2006
- the accourLts do noi aecord with su¢h re¢ords'.
- where accounis aTe prepared on 8n accluals basis, whether tbey fail
io comply with relevgnt a¢couatiJg ttquireraents under se¢tion 396 of the
coillpati￿ Act 2006, or ¥¢ not consistent with the a￿ltieS SOPTr (FRS 102)
. 8ny Inatter which the ex&Trilner belleyes shouLd bc dr&wll to tbe attention of
the reader lo 82in £ proper undersiandlng of the accounts.
Mrs Susao Lewts FCCA
6 Pa￿ road
Newbrid8e
Newport
Gwent
NPII 4RF
Date: 17thDec¢mber 2021
Page 2