| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent examiner's report to the |
trustees | |||||
| Statement offinancial |
activities | (including | income and | |||
| expenditure account) |
||||||
| Statement offinancial |
position | |||||
| Notes to the financial | statements |
| Registered | charity | name | name | Raven House | Trust | |||
|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1031971 | ||||||
| Company | registration | number | 02886655 | |||||
| Principal office and | registered | 276-278 Cromwell | Road | |||||
| office | Newport | |||||||
| Gwent | ||||||||
| NP19 OHT | ||||||||
| The trustees | ||||||||
| J Cucksey | ||||||||
| J C Hitchcock | ||||||||
| J Hughes | ||||||||
| B N Johnson | ||||||||
| BPerkins | (Appointed | 25 September 2022) | ||||||
| Independent | examiner | Mr Jonathan | Rhodes BScBFP FCA | |||||
| 24 Bridge Street | ||||||||
| Newport | ||||||||
| South Wales | ||||||||
| NP20 4SF |
| Year | ended | 30Septemb | er 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| /restated/ | |||||||
| Note | E | E | |||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 93,896 | 31,692 | 125,588 | 149,641 | ||
| Charitable activities |
8 | 33,242 | 33,242 | 24,350 | |||
| Investment income |
7 | 7 | 7 | 2 | |||
| Other income | 8 | 921 | |||||
| Total income | 127,145 | 31,692 | 158,837 | 174,914 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 9,10 | 117,877 | 34,119 | 151,996 | 133,813 | |
| Total expenditure | 117,877 | 34,119 | 151,996 | 133,813 | |||
| Net gains/(losses) | on investments | 12 | 28 | 28 | (3) | ||
| Net income | 9,296 | (2,427) | 6,869 | 41,098 | |||
| Transfers between |
funds | 4,481 | (4,481) | ||||
| Net movement in |
funds | 13,777 | (6,908) | 6,869 | 41,098 | ||
| Reconciliation of |
funds | ||||||
| Total funds brought | forward | 73,962 | 18,993 | 92,955 | 51,857 | ||
| Total funds carried forward | 87,739 | 12,085 | 99,824 | 92,955 |
| 30September 2022 |
||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| (restated) | ||||||
| Note | F | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 17 | 22,197 | 27,810 | |||
| Investments | 18 | 568 | 540 | |||
| 22,765 | 28,350 | |||||
| Current assets | ||||||
| Debtors | 19 | 952 | ||||
| Cash at bank and | in | hand | 89,012 | 79,608 | ||
| 89,964 | 79,608 | |||||
| Creditors: amounts | falling | due within one year | 20 | 5,113 | 4,473 | |
| Net current assets | 84,851 | 75,135 | ||||
| Total assets less | current | liabilities | 107,616 | 103,485 | ||
| Creditors: amounts | falling | due after more than one year | 21 | 7,792 | 10,530 | |
| Net assets | 99,824 | 92,955 | ||||
| Funds ofthe charity | ||||||
| Restricted funds |
12,085 | 18,993 | ||||
| Unrestricted funds |
87,739 | 73,962 | ||||
| Total charity funds | 24 | 99,824 | 92,955 |
| Donations and le |
gacies | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| Donations | |||||||
| General Donations |
78,813 | 730 | 79,543 | ||||
| Gift Aid | 2,954 | 2,954 | |||||
| Christmas Parcel |
Scheme | 2,762 | 2,762 | ||||
| Fuel Support | 7,867 | 7,867 | |||||
| Grants | |||||||
| Kickstart | 11,297 | 11,297 | |||||
| Winter Pressures | Scheme | 1,140 | 1,140 | ||||
| NCC - Food Poverty Grant | 7,000 | 7,000 | |||||
| NCC - Emergency | Business | Fund Grant | 2,000 | 2,000 | |||
| NCC —Our Voice, | Our Choice, | Our Port | 4,900 | 4,900 | |||
| Groundworks | 1,125 | 1,125 | |||||
| EVOL (Wales) Limit Tiny | Rebel | Grant | 1,500 | 1,500 | |||
| Comic Relief Community | Fund | in Wales | 3,500 | 3,500 | |||
| NCC - Van Grant | |||||||
| Lottery Grant | |||||||
| Covid Grants | |||||||
| Job Retention Scheme |
|||||||
| 93,896 | 31,692 | 125,588 |
| Donations and legacies |
(continued) | |||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| (restated) | (restated) | (restated) | ||||
| 6 | F. | 5 | ||||
| Donations | ||||||
| General Donations |
98,853 | 3,841 | 102,694 | |||
| Gift Aid | 4,111 | 4,111 | ||||
| Christmas Parcel |
Scheme | 2,550 | 2,550 | |||
| Fuel Support | ||||||
| Grants | ||||||
| Kickstart | 1,500 | 1,500 | ||||
| Winter Pressures | Scheme | |||||
| NCC - Food Poverty Grant | ||||||
| NCC - Emergency | Business Fund Grant | |||||
| NCC - Our Voice, | Our Choice, | Our Port | ||||
| Groundworks | ||||||
| EVOL (Wales) Limit Tiny Rebel | Grant | |||||
| Comic Relief Community | Fund | in Wales | ||||
| NCC - Van Grant | 7,500 | 7,500 | ||||
| Lottery Grant | 7,875 | 7,875 | ||||
| Covid Grants | 17,000 | 17,000 | ||||
| Job Retention Scheme |
6,411 | 6,411 | ||||
| 122,514 | 27,127 | 149,641 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||
| (restated) | (restated) | ||||||
| E | F | ||||||
| Sale of | goods/services | as part of | |||||
| direct charitable | activities | 33,231 | 33,231 | 23,642 | 23,642 | ||
| Sundry | Income | 11 | 11 | 708 | 708 | ||
| 33,242 | 33,242 | 24,350 | 24,350 |
| nvestment income |
||||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| (restated) | (restated) | |||||
| f. | F | E | ||||
| Other interest receivable | 7 | 7 | 2 | 2 | ||
| Other income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| (restated) | (restated) | |||||
| F | E | f. | ||||
| Gain on disposal oftangible | fixed | |||||
| assets held for charity's | own | use | 921 | 921 |
| Expenditure on c |
haritable | activities by fund | type | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| F | |||||
| Raven House Trust | 96,823 | 96,823 | |||
| Kickstart | 10,325 | 10,325 | |||
| Winter Pressures | Scheme | 1,140 | 1,140 | ||
| Caldicot Food Bank | 15,881 | 15,881 | |||
| Christmas Parcel |
Scheme | 1,662 | 1,662 | ||
| Fuel Support Scheme | 1,000 | 1,000 | |||
| NCC - Food Poverty Grant | 7,000 | 7,000 | |||
| NCC - Emergency | Business | Fund Grant | 2,000 | 2,000 | |
| NCC - Our Voice, | Our Choice, Our Port | 4,900 | 4,900 | ||
| Upcycling Project |
323 | 323 | |||
| Lottery Grant | 6,235 | 6,235 | |||
| Foodbank Account | 2,196 | 2,196 | |||
| Job Retention Scheme |
|||||
| Support costs | 2,511 | 2,511 | |||
| 117,877 | 34,119 | 151,996 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| (restated) | (restated) | (restated) | |||
| E | F | ||||
| Raven House Trust | 93,052 | 93,052 | |||
| Kickstart | 2,752 | 2,752 | |||
| Winter Pressures | Scheme | ||||
| Caldicot Food Bank | 16,249 | 16,249 | |||
| Christmas Parcel Scheme |
1,740 | 1,740 | |||
| Fuel Support Scheme | |||||
| NCC - Food Poverty Grant | |||||
| NCC - Emergency | Business | Fund Grant | |||
| NCC - Our Voice, | Our Choice, Our Port | ||||
| Upcycling Project |
677 | 677 | |||
| Lottery Grant | 2,310 | 2,310 | |||
| Foodbank Account | 7,044 | 7,044 | |||
| Job Retention Scheme | 6,411 | 6,411 | |||
| Supportcosts | 3,578 | 3,578 | |||
| 114,619 | 19,194 | 133,813 |
| Expenditure on c |
ha | ritable |
activities | by activity type | |||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Support | Total funds | Total fund | ||||
| directly | costs | 2022 | 2021 | ||||
| (restatedj | |||||||
| F | |||||||
| Raven House Trust | 96,823 | 2,511 | 99,334 | 96,630 | |||
| Kickstart | 10,325 | 10,325 | 2,752 | ||||
| Winter Pressures | Scheme | 1,140 | 1,140 | ||||
| Caldicot Food Bank | 15,881 | 15,881 | 16,249 | ||||
| Christmas Parcel |
Scheme | 1,662 | 1,662 | 1,740 | |||
| Fuel Support Scheme | 1,000 | 1,000 | |||||
| NCC —Food Poverty |
Grant | 7,000 | 7,000 | ||||
| NCC - Emergency | Business | Fund | |||||
| Grant | 2,000 | 2,000 | |||||
| NCC - Our Voice, | Our Choice, Our | ||||||
| Port | 4,900 | 4,900 | |||||
| Upcycling Project |
323 | 323 | 677 | ||||
| Lottery Grant | 6,235 | 6,235 | 2,310 | ||||
| Foodbank Account | 2,196 | 2,196 | 7,044 | ||||
| Job Retention Scheme |
6,411 | ||||||
| 149,485 | 2,511 | 151,996 | 133,813 |
| Analysis ofsup | po | rt costs | ||||
|---|---|---|---|---|---|---|
| Raven House | ||||||
| Trust | 'Total 2022 | Total2021 | ||||
| (restated) | ||||||
| E | E | F | ||||
| Communications | and IT | (4) | (4) | 679 | ||
| General office | 1,192 | |||||
| Legal and Professional | 2,251 | 2,251 | 1,472 | |||
| Advertising | 264 | 264 | 235 | |||
| 2,511 | 2,511 | 3,578 | ||||
| Net gains/(losses) | on investments | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| (restated) | (restated) | |||||
| E | E | E | F | |||
| Gains/(losses) | on | listed investments | 28 | 28 | (3) | (3) |
| 13. | Net income | Net income | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Net income is | stated after | charging/(crediting): | |||||||
| 2022 | 2021 | ||||||||
| (restated) | |||||||||
| E | |||||||||
| Depreciation | oftangible | fixed | assets | 6,213 | 3,801 | ||||
| Gains on disposal oftangible | fixed assets | (921) | |||||||
| 14. | Independent | examination | fees | ||||||
| 2022 | 2021 | ||||||||
| (restated) | |||||||||
| E | |||||||||
| Fees payable | excluding | VAT | to the independent | examiner for: | |||||
| Independent | examination | ofthe financial statements | 1,200 | 800 |
| Staff cos | ts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2022 | 2021 | ||||
| (restated) | |||||
| 8 | E | ||||
| Wages and salaries | 90,059 | 76,992 | |||
| Social security costs | 3,863 | ||||
| Employer | contributions | to pension | plans | 2,147 | 1,363 |
| 96,069 | 78,355 |
| No remuneration orexpenses or other benefits f were received by the trustees. Tangible fixed assets |
rom employment with t |
he charity ora re | lated entity |
|---|---|---|---|
| Motor | Office | ||
| vehicles | Equipment | Total | |
| 8 | F | 8 | |
| Cost | |||
| At 1 October 2021 (as restated) | 30,900 | 5,430 | 36,330 |
| Additions | 600 | 600 | |
| At 30 September 2022 | 30,900 | 6,030 | 36,930 |
| Depreciation | |||
| At 1 October 2021 (as restated) | 3,090 | 5,430 | 8,520 |
| Charge for the year | 6,180 | 33 | 6,213 |
| At 30September 2022 | 9,270 | 5,463 | 14,733 |
| Carrying amount |
|||
| At 30 September 2022 | 21,630 | 567 | 22,197 |
| At 30September 2021 (as restated) | 27,810 | 27,810 |
| Investments | |
|---|---|
| Listed | |
| investments | |
| Valuation | |
| At 1 October 2021 (as restated) | 540 |
| Additions | |
| Fair value movements | 28 |
| At 30September 2022 | 568 |
| Carrying amount |
|
| At 30September 2022 | 568 |
| At 30September 2021 (as restated) | 540 |
| Year ended 3 | 0Septe | mber 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 19. | Debtors | |||||||||
| 2022 | 2021 | |||||||||
| (restatedj | ||||||||||
| Prepayments | and accrued | income | 952 | |||||||
| 20. | Creditors: | amounts | falling due within one year | |||||||
| 2022 | 2021 | |||||||||
| (restatedj | ||||||||||
| Accruals and | deferred | income | 1,440 | 800 | ||||||
| Obligations | under finance | leases and hire purchase | contracts | 3,673 | 3,673 | |||||
| 4,673 | 4,473 | |||||||||
| 21. | Creditors: | amounts | falling due after more than one year | |||||||
| 2022 | 2021 | |||||||||
| (restatedj | ||||||||||
| E | ||||||||||
| Obligations | under finance | leases and hire purchase | contracts | 7,792 | 10,530 | |||||
| 22. | Finance leases and | hire | purchase contracts | |||||||
| The total future | minimum | lease payments | under finance leases and | hire purchase | contracts are | |||||
| as follows: | ||||||||||
| 2022 | 2021 | |||||||||
| (restatedj | ||||||||||
| K | E | |||||||||
| Not later than 1 year Later than 1 year and |
not | later than 5years | 3,673 7,792 |
3,673 10,530 |
||||||
| 11,465 | 14,203 |
| At | Gains and | At | ||||
|---|---|---|---|---|---|---|
| 1 Oct 2021 | Income | Expenditure | Transfers | losses | 30Sep 2022 | |
| F | F | E | E | |||
| General funds |
49,147 | 91,736 | (99,334) | 3,176 | 28 | 44,753 |
| Redundancy fund EVOL (Wales) |
2,475 | 1,305 | 3,780 | |||
| Limit Tiny Rebel | ||||||
| Grant Caldicot Food |
1,500 | 1,500 | ||||
| Bank Christmas Parcel |
21,388 | 23,280 | (15,881) | 28,787 | ||
| Scheme | 952 | 2,762 | (1,662) | 2,052 | ||
| Fuel Support | ||||||
| Scheme | 7,867 | (1,000) | 6,867 | |||
| 73,962 | 127,145 | (117,877) | 4,481 | 28 | 87,739 | |
| At | Gains and | At | ||||
| 1 Oct 2020 | Income | Expenditure | Transfers | losses | 30Sep 2021 | |
| (restated) F |
(restated) 5 |
(restated) | (restated) | (restated) F |
(restated) E |
|
| General funds Redundancy fund EVOL (Wales) |
20,930 2,475 |
120,770 | (96,629) | 4,079 | (3) | 49,147 2,475 |
| Limit Tiny Rebel | ||||||
| Grant | ||||||
| Caldicot Food | ||||||
| Bank Christmas Parcel |
13,171 | 24,467 | (16,250) | 21,388 | ||
| Scheme | 142 | 2,550 | (1,740) | 952 | ||
| Fuel Support | ||||||
| Scheme | ||||||
| 36,718 | 147,787 | (114,619) | 4,079 | (3) | 73,962 |
| Restricted funds | |||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | At | |||||
| 1 Oct 2021 | Income | Expenditure | Transfers | losses | 30 Sep 2022 | ||
| E | 6 | 8 | E | F | 6 | ||
| Restricted funds | (323) | 323 | |||||
| Kickstart | (1,252) | 11,297 | (10,325) | 240 | (40) | ||
| Winter Pressures | |||||||
| Scheme | 1,140 | (1,140) | |||||
| NCC - Food Poverty | |||||||
| Grant | 7,000 | (7,000) | |||||
| NCC - Emergency | |||||||
| Business Fund Grant |
2,000 | (2,000) | |||||
| NCC - Our Voice, | Our | ||||||
| Choice, Our Port | 4,900 | (4,900) | |||||
| Groundworks | 1,125 | 1,125 | |||||
| Comic Relief | |||||||
| Community Fund |
in | ||||||
| Wales | 3,500 | 3,500 | |||||
| NCC - Van Grant | 7,500 | 7,500 | |||||
| Upcycling Project |
323 | (323) | |||||
| Lottery Grant | 5,565 | (6,235) | 670 | ||||
| Foodbank Account | 7,180 | 730 | (2,196) | (5,714) | |||
| Job Retention Scheme |
|||||||
| 18,993 | 31,692 | (34,119) | (4,481) | 12,085 | |||
| At | Gains and | At | |||||
| 1 Oct 2020 | Income | Expenditure | Transfers | losses | 30Sep 2021 | ||
| (rastatad) | (rastatsd) | (rastatad) | (rastatad) | (rastatad) | (rastatad) | ||
| 6 | E | 6 | 6 | ||||
| Restncted funds |
4,756 | (5,079) | (323) | ||||
| Kickstart | 1,500 | (2,752) | (1,252) | ||||
| Winter Pressures | |||||||
| Scheme | |||||||
| NCC - Food Poverty | |||||||
| Grant | |||||||
| NCC - Emergency | |||||||
| Business Fund Grant |
|||||||
| NCC - Our Voice, | Our | ||||||
| Choice, Our Port | |||||||
| Groundworks | |||||||
| Comic Relief | |||||||
| Community Fund |
in | ||||||
| Wales | |||||||
| NCC - Van Grant | 7,500 | 7,500 | |||||
| Upcycling Project |
(677) | 1,000 | 323 | ||||
| Lottery Grant | 7,875 | (2,310) | 5,565 | ||||
| Foodbank Account | 10,383 | 3,841 | (7,044) | 7,180 | |||
| Job Retention Scheme |
6,41 1 | (6,411) | |||||
| 15,139 | 27,127 | (19,194) | (4,079) | 18,993 |
| Analysis of net as | se | ts between funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| Tangible fixed assets | 22,197 | 22,197 | |||
| Investments | 568 | 568 | |||
| Current assets | 77,879 | 12,085 | 89,964 | ||
| Creditors less than | 1 | year | (5,113) | (5,113) | |
| Creditors greater than | 1 year | (7,792) | (7,792) | ||
| Net assets | 87,739 | 12,085 | 99,824 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| (restated)f | (restated) | (restated) 6 |
|||
| Tangible fixed assets | 27,810 | 27,810 | |||
| Investments | 540 | 540 | |||
| Current assets | 60,615 | 18,993 | 79,608 | ||
| Creditors less than | 1 | year | (4,473) | (4,473) | |
| Creditors greater than | 1 year | (10,530) | (10,530) | ||
| Net assets | 73,962 | 18,993 | 92,955 |
| purchase contracts, and accruals. Adjustments to the comparative figures |
as follows: | , |
||
|---|---|---|---|---|
| Opening Unrestricted Reserves |
Decreased | by | 15,934 | |
| Opening Restricted Reserves |
Increased | by | 2,088 | |
| Tangible Fixed Assets |
Decreased | by | 24,414 | |
| Creditors Over 1 Year (Hire Purchase |
Liability) | Decreased | by | 1,480 |
| Unrestricted Other Income |
Decreased | by | 1,500 | |
| Direct Charitable Expenditure |
Increased | by | 2,302 | |
| Transfers between funds |
Decreased | by | 6,864 | |
| Other adjustments each under F1,000 |
2,664 |
| statements have not included a |
mounts relating to Caldicot Food Bank. |
mounts relating to Caldicot Food Bank. |
mounts relating to Caldicot Food Bank. |
|---|---|---|---|
| Adjustments to the comparative |
figures to include Caldicot Food Bank are as follows:f | ||
| Opening Unrestricted Reserves |
Increased | by | 13,314 |
| Current Assets (Cash at Bank) | Increased | by | 22,340 |
| Unrestricted Donations |
Increased | by | 27,016 |
| Direct Charitable Expenditure |
Increased | by | 17,990 |