## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## 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)| ##