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2021-03-31-accounts

REPORT OF THE INDEPENDENT AUDITORS TOTHE MEMBERS OF LEVIISHAM NEXUS SERVICE Matters on whleh we are requirod to report by exception In the Iphl of the knO￿edge and understanding of the chantable company and its en¥ironm6rrt obtained in the CA)urse of the udrt, we have not iijentified material misst8temenls in thè dirèctots. report. We have nothing to report in reSp￿tOf thefollowing matlers in relatson to whichthe Companies Act 2006 requires ustowortlo you rf, in I￿r opinion.. ad8quate accounting record5 have not been kept, or returns adequate for audit have Th)t b8en recenied from branches not visrted by us.. or the financial stalemonls are not in agieemènt with thè ac￿untIng records and retums,. or certain disclosures of director5. remunerdlion sperified by law are not made,. or we have not received 811 the informaty'on and explanatyons we require for our audrt", or the lruslees We￿ not entitled lo P￿pare the financial statements in aceordancewith the srnall comp￿les, regime and tske avantage of the small companles. exemptions In preparlng the directors. report and from the requirernent to prepare a strategic report. Responsibilitles of trustees As explained morofully in the Iruslees, respon￿bIlItieS statementsetouton pag8 7, th8tnJ5t8es (who arealsothe dKeetors of the ehartable company for the putposes of company lawl are responsible for the pr8par81ion ol the financial stat8m8nt5 8nd for b8ing saiisfied Ihat they give a true and fairview, and for such intemal control as the truslees detemine is n￿eSsary lo enable the preparation of financial stalemenls that are free from material misstatement. whether due to fraud or 8rror. In preparfng the financial statements. Ihetrustees a￿ ￿sponsiblef0r3Sse$slng the charrtable o)rnpany's atsltyto eontinueas goin9 concern, disc105ing, as applicable, matters r818ted lo going ￿ncern and using the going concem basis of 8crAiunbng un185Sthgtrustees erther intend to liquidale the charitable o)mpanyorto ceaseoperations, orhave no realistic 8ltemalive butto do so. Audltorfs re$pon$ibllltles for th• audTrt of the financial 8tatemenis Our obiects'ves are to obtain reasonable assuran￿ about whether the financial stslements as a whole are free from material misstatement, whether due lofraud orerror, 8nd lo issue an auditor's reportthal includes ouropinion. Reasonab￿ assurance isa high ￿Ve1 of assuranee, but Is not aguarantee Ihat audit conducled in accor(lancewith ISAS IUKlwll aKvayG dototh a rnateriol misstatement when il exists. m￿StateMentS (èn anse from fraud ￿ error an¢J art considered material if, individually or in the aggregate, they cA)ukJ wsonably be expe¢ted lo influence the economicijecisions of user5 taken on the basis of IhEse finartial staiements. Irregularities, including fraud, are instan￿$ of ron-¢omplian¢e ￿th laws and reoulallons. We design procedures in line wilh our rM)nsibilities. outlined atove. lo detect rnaterial misstatements in respect of irregularities, induding fraud The spealic pr(*eduresforihis engagemenl and the extent to whiGh these are Capab￿ of d818Cting irregularibgs, in¢ludlng fraud is dètailed bek)w". Reviwn9 the reports of any regulatory inspections carned out in the year.. Enquiry of management and those charged wlth govemanco arounij actual and potential litwatK)n aTh$c￿lMS aswellas actual. suspected and alleged fraud,. Reviewng minute5 of meetings of those charged wilh gov8rnance', Assessing th8 extent of ￿MplianCe with the laws and regulatKJns cOnside￿d to hav8 a dirEci rnalerial effect on the finanoial slaternents or the opwatior6 of the company through enouiry and Insmw)n,' Reviewng finanrial statemenl disclosures testing to 5UPPOrting documentation to 3s$ess (£Jrnpliance with applicable Ibws and regulatK)n5.' PerforrTring auditwork overthe riskol managem8nt bi8s andov8fflde 01￿)ntrolS, induding testsng oljoumal entries 8fi4 other adjustm8ntsforappropriat8ne5s, evaluatiro thebusiness ralionaleofsignfficant Iransactk)nsoutside the normal course of business 8nd reviewing accounting estimates for indi¢alors ol potents'al bias. Becauseolthe Inherenl11mitations of an audit. th￿e Is a nsk thalwe wll not delect all irregularities, including those leadin9 to a material misstatement in Ihefinanoal statements ornon-compliancewth r8gulatK)n. Thi5 risk increases Ihemorethatix)mplian( with 8 lawor regul8tion is removed from Ihe events and transa¢tion5 reflected In the financial slalements, aswe will beless likely lo b80)me aware of instances of non-wmpliance. The risk is also greater regarding Irregularities occurring due to foud ralher than error, as fraud invdves int8nlional concealment, forgery. ￿lI￿s1on. omission or misrepresentation. A lurther desCrip￿n of our ￿Sponsibl1rtieS is availab18 on the F￿anCial Reporting Council's website at". htlps.'Ilww.frc.org.uklOur-WorklAudiVAudit-and-a5surancelstand8rds-and-guidancelStandards.and￿U￿lanc8-1or- audltorslAUditots-responsibillll&s-for-audiVDescriptior￿f-£udltOrs-r6$POnslbI1ltl8s-f0r-Ou￿It.aspX. This description forms part ol Lyjr auditor's r8POrt.

Unrestricted funds Restricted
General Designated Funds Total Total
2021 2021 2021 2021 2020
Note
INCOME AND ENDOWMENTS FROM:
Donations
and legacies		 21,206 21,206 10,345
Charitable
activities		 2,240,583 2,240,583 2,340,614
Investment
income		 (1,668) (1,668) 4,133
Other incoming
resources		 2,607 2,607 2,867
Total income 2,262,728 2262 728 2 357,959
EXPENDITURE ON:
Charitable
activities		 6 2,255,011 5,000 2,260,011 2,329,692
Total expenditure 2,255,011 5,000 2260 011 2,329,692
Net incoming
resources		 before
transfers 7,717 (5,000) 2,717 28,267
Gross transfers
between		 funds (55,000) 55,000
NET MOVEMENT
IN		 FUNDS ~47,283 50,000 2 717 28,267
RECONCILIATION
OF FUNDS
Total funds brought forward 951,413 50,000 1,001,413 973,146
Total funds carried forward 17 904,130 100,000 1,004 130 1,001,413

PRIOR FINANCIAL YEAR - 2020 YEAR - 2020 YEAR - 2020 Unrestricted funds Restricted
General Designated Funds Total Total
2020 2020 2020 2020 2019
INCOME AND ENDOWMENTS FROM:
Donations
and legacies		 10,345 10,345 10,017
Charitable
activities		 2,340,614 2,340,614 2,258,811
Investment
income		 4,133 4,133 740
Other incoming
resources		 2,867 2,867
Total income 2,357,959 2,357,959 2 269 568
EXPENDITURE ON:
Charitable
activities		 2,329,094 598 2,329,692 2,267,842
Total expenditure 2 329 994 598 2,329,692
Net incoming/(outgoing) resources
before transfers 28,865 (598) 28,627 1,726
Gross transfers
between		 funds (50,000) 50,000
NET MOVEMENT
IN		 FUNDS 21 135 5D,DDD ~598 28,267 1,726
RECONCILIATION
OF FUNDS
Total funds brought forward 972,548 598 973,146 971,420
Total funds carried forward 951,413 50,000 1,001,413 973,146

2021 2020
Note E
FIXEDASSETS
Tangible fixed assets 10 23,349 23,597
CURRENT ASSETS
Debtors 11 366,070 206,310
Cash and cash equivalents 8?1??9 988,295
1,237,849 1,194,605
CREDITORS
Amounts
falling due within one year		 12 ~212,088 141789
NET CURRENT ASSETS 1 028?81 1,052,816
TOTAL ASSETS LESSCURRENT UABILITIES 1,049,130 1,076,413
provisions
for liabilities		 13
45000 75000
NET ASSETS 1,004130 1 Ml 413
FUNDS
Restricted funds 14
Designated
Funds		 15 100,000 50,000
General unrestricted Funds 18 904 130 951,413
1.004130 1 001 413
TOTAL FUNDS 1 004130 1 001,413

Notes 2021 2020
CASH FLOWS FROM INVESTING ACTIVITIES
Cash (absorbed by) operations 21 (105,540) (33,391)
INVESTING ACTIVITIES
Purchase oftangible
fixed assets		 (9,308) (26,975)
Interest received (1,668) 4,133
Net cash (used in) investing activities (10,976) (22,842)
Net cash (used in)/generated from financing activities
Net (decrease) in cash and cash equivalents (116,516) (56,233)
Cash and cash equivalents
at		 the beginning of the year 988,295 1,044,528
Cash and cash equivalents
at the end of		 the year 871779 988,295

2. DONATIONS
AND LEGACIES		 Unrestricted
Funds
General		 Unrestricted
Funds
General
2021 2020
Donations 400 10,345
Government
grants —Job Retention Scheme		 20,806
21,206 10,345
3. CHARITABLE ACTIVITIES Supported
housing
and day services
2021 2020
Supported
housing
and other services		 2,240,583 2,340,614
Analysis
by fund
Unrestricted
funds —general		 2,240,583 2,340,614
Restricted funds
4. INVESTMENT INCOME Unrestricted
Funds
General
2021 2020
E
Interest receivable (1,668) 4,133
5. OTHER INCOMING RESOURCES Unrestricted
Funds
General
2021 2020
Profit on disposal oftangible fixed assets 2,867
Other incoming
resources		 2,607
2,607 2,867

6. CHARITABLE ACTIVITIES CHARITABLE ACTIVITIES CHARITABLE ACTIVITIES Supported
housing
and day services		 Supported
housing
and day services
2021 2020
Staff costs (note 9) 2,002,910 2,057,111
Depreciation
and		 impairment 9,556 9,717
Rent and rates 77,174 76,075
Insurance 15,264 16,903
Light and heat (1,019) 7,274
Repairs and maintenance (685) 25,471
Postage,
printing		 and stationary 5,094 5,253
Telephone
and fax		 14,325 14,270
Motor expenses 1,765 2,120
Travelling 2,109 1,772
Staff recruitment, welfare and training 15,205 33,926
Professional fees 14,682 3,120
Sundry expenses 11,034 11,563
Subscriptions 2,808 3,622
Bank charges 1,046 1,172
Other charitable expenditure 7,541 9,887
Marketing 2,540
Bad debts 29,084
2,210,433 2,279,256
Share of support costs (note 7) 43,578 44,316
Share ofgovernance costs (note 7) 6,000 6,120
2,260,011 2,329,692
Analysis
by fund
Unrestricted
funds —general		 2,260,011 2,329,094
Restricted funds 598
2,260,011 2,329,692
Support Governance Support Governance
Costs Costs 2021 Costs Costs 2020
f
Staff costs 43,578 43,578 44,316 44,316
Audit fees 6,000 6,000 6,120 6,120

EMPLOYEES EMPLOYEES 2021 2020
Number Number
The average monthly number ofemployees during the year was:
Supported
housing		 and other services 66 71
Support staff
75 88
2021 2020
Employment costs:
Wages and salaries 1,834,279 1,869,647
Social security costs 159,452 165,477
Other pension costs 52,757 66,303
2,046,488 2,101,427
2021 2020
Number Number
The number of employees whose annual remuneration was f60,000 or
more were:
L'60,000 - F69,999

10. TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS Short
leasehold
improvements		 Fixtures,
fittings &
equipment		 Motor
vehicles		 Total
E E
Costs
At 1 April 2020 118,434 99,488 38,892 256,814
Additions 9,308 9,308
At 31 March 2021 118,434 108,796 38,892 266,122
Depreciation
and impairment
At 1 April 2020 118,434 75,891 38,892 233,217
Depreciation
on charged		 in the year 9,556 9,556
AT 31 March 2021 118,434 85,447 38,892 242,773
Carrying
amount
At 31 March 2021 23,349 23,349
At 31 March 2020 23,597 23,597
11. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020
Trade debtors 177,126 152,978
Other debtors 7,112 2,768
Prepayments
and accrued income		 181,832 50,564
366,070 206,310
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020
Trade creditors 23,980 3,184
Other creditors 61,423 3,587
Other taxation
and social		 security 44,088 50,658
Accruals and deferred income 82,577 84,360
212,068 141,789

Unrestricted
funds
2021		 Designated
fund
2021		 Total
2021		 Unrestricted
Funds
2020		 Designated
fund
2020		 Total
2020
Fund balances at 31
March are represented
by:
Tangible assets 23,349 23,349 23,597 23,597
Current
assets/liabilities		 925,781 100,000 1,025,781 1,002,816 50,000 1,052,816
Provisions (45,000) (45,000) (75,000) (75,000)
904,130 100,000 1,004,130 951,413 50,000 1,001,413

Within one year 54,644
Between two and five years 109,287
54,644 163,931
20. RELATED PARTY TRANSACTIONS
There were no disclosable
related		 party transactions during the year (2020:none).
21. CASH GENERATED FROM OPERATIONS 2021 2020
Surplus for the year 2,717 28,267
Adjustments for:
Investment income recognised in income and expenditure 1,668 (4,133)
Depreciation and impairment
of		 tangible fixed assets 9,556 9,717
Movements in working
capital:
(Increase)/decrease
in debtors		 (159,760) (45,351)
Increase/(decrease)
in creditors		 40,279 (21,891)
Cash (absorbed
by) operations		 (105,540) (33,391)