2022-03-31-accounts

CONTENTS			Page
Legal and Administrative		Information
Message Irom the Chairman
Report ofthe Trustees			4-12
Independent Auditor's	Report		13-16
Statement ofFinancial	Activities		17
Balance Sheet			18
Cash Flow Statement			19
Notes tothe Accounts			20-29

The Trustees who served during the financial year were as follows:	The Trustees who served during the financial year were as follows:
Trustees:	CVanschagen (Chairman)
	LWard (Chair ofFinance			Committee)
	A Hyde
	CNewbery
	DBall
	C Slough
	KLee
	IWilliams
	ILittle (appointed	12/05/2021)
	M Tzaig (appointed	17/11/2021)
	Trustees are appointed			by the		Board of Trustees					in a
	general meeting.	The number				nearest	to one			third of
	Trustees shall retire		by	rotation		at each	Annual			General
	Meeting and may offer themselves					for re-election.
Chief Executive Officer	TArchbold
Finance Manager	LNutt
Registered Office:	Unit 6 Titan Court,	Laporte Way,
	Luton, LU4 SEF
Auditors:	Saffery Champness	LLP
	71Queen Victoria	Street
	London
	EC4V 4BE
Solicitors:	Russell-Cooke
	2Putney Hill
	Putney
	London SW156AB
Bankers:	Natwest
	31 George Street
	Luton LU1 2YN
	CAF Bank
	25 Kings Hill Avenue
	West Mailing ME19		4TA
Company No:	2914936
Charity No:	1040860
Constitution:	Signposts (Luton)	is	a registered			charity		and	a	company
	limited by guarantee,		registered		in England.			It	is	governed
	by its memorandum		and	articles		ofassociation			dated		31st
	March 1994.

Risk Area		Risk		Current Control	Monitorin
External		Local authority changes		Networking and lobbying	Quarterly	at Board
		to social olic
		Competition from new or		Networking, operafional	Quarterly	at Board
		existin local roviders		standards andre tation
		Housing Association	loss	Contingency planning	Quarterly	at Board
		ofpartnership agreement		ensuring alternative
				buildings to deliver
				contractual obli tions
		Cost ofliving Crisis		Through quarterly budget	Quarterly	at Board	and
				review	monthl	at SLT
Regulatory	and	Changes tobenefit		Income diversification	Quarterly	at Board
Com liance		s stem		and financial lannin
Operational		Illness, epidemic,		Pandemic plan	Weekly at SLTand
		pandemic and			Quarterly	at Board
		wides read absence

			Income	funds	Total	Total
			Unrestricted	Restricted	2022	2021
		Notes
Income and endowments	from:
Donations and Fundraising			38,610		38,610	96,407
Investment income
Charitable activities:
Floating Support and Outreach			149,566		149,566	139,465
Hostel Accommodation	&.Support	2	3,095,478	9,685	3,105,163	2,881,890
Other		2	61,206		61,206	1,212
Total income and endowments			3,344,869	9,685	3,354,554	3,118,981
Expenditure on:
Raising funds			1,706		1,706	1,965
Charitable activities:
Floating Support aud Outreach		3	146,392		146,392	160,966
Hostel accommodation	&Support	3	3,179,068	40,130	3,219,198	2,835,305
Total expenditure			3,327,166	40,130	3,367,296	2,998,236
Net income/(expenditure)			17,703	(30,445)	(12,742)	120,745
Reconciliation offunds:
Total funds brought forward		12,13	1,071,025	33,945	1,104,970	984,225
Total funds carried forward			1,088,728	3,500	1,092,228	1,104,970

BALANCE SHEET AS AT 31MARCH	2022
			Total	Total
		Notes	2022	2021
Fixed assets
Tangible assets			805,633	831,271
Total fixed assets			805,633	831,271
Current assets
Debtors			400,348	333,940
Cash at bank and in	hand		173,796	272,875
Total current assets			574,144	606,815
Liabilities
Creditors:
Amounts falling due
within one year		10	(252,862)	(288,724)
Net current assets			321,282	318,091
Total assets less current liabilities			1,126,915	1,149,362
Creditors: Amounts	falling due after
more than one year			(34,687)	(44,392)
Total net assets			1,092,228	1,104,970
The funds ofthe charity:
Income funds
-Restricted		13	3,500	33,945
-Unrestricted		12	1,088,728	1,071,025
Total funds			1,092,228	1,104,970

								Total	Total
						Notes		2022	2021
Cash flows from operating	activities:
Net cash provided by	(used	in)		operating		16		(23,759)	179,430
activity
Cash flows from investing	activities:
Interest from investments								9	7
Purchase ofproperty, plant	Bi:equipment							(65,842)	(117,118)
Net cash provided by	(used	in)		investing				(65,833)	(117,111)
activities
Cash flows from financing	activities:
Repayments ofloan								(9,487)	(9,044)
Net cash used in financing	activities							(9,487)	(9,044)
Change in cash &cash equivalents		in	the reporting
period								(99,079)	53,275
Cash 8c cash equivalents	at the beginning				of the
period								272,875	219,600
Cash &cash equivalents at the end			ofthe period					173,796	272,875
Net debt reconciTiation
At start			Cash			Other	Non-		At end
ofyear		Movement				Cash Movement			ofyear
Cash 272,875		(99,079)							173,796
Loans falling
due within (9,351)			9,487			(9,705)			(9,569)
one year
Loans falling
due more (44,392)							9,705		(34,687)
than one year
NET DEBT 219,132		(89,592)							129,540

2	Income from charitable	Income from charitable	Income from charitable	Income from charitable		activities	activities
								Unrestricted			Restricted	Total
									Funds		Funds	2022
	Local Authority		Contracts
	Supporting	People		—Luton					129,537			129,537
	Supporting	People		—Central Bedfordshire					187,973			187,973
	Grants
	Grants								1,440		9,685	11,125
	Hostel Accommodation					income			2,776,528			2,776,528
									3095	478	9,685	3 105 163
								Unrestricted			Restricted	Total
									Funds		Funds	2021
									g
	Local Authority		Contracts
	Supporting	People		—Luton					177,160			177,160
	Supporting	People		—Central Bedfordshire					215,210			215,210
	Grants
	Covid 19Grants										183,500	183,500
	Big Change	Grant									614	614
	Hostel Accommodation					income			2,305,406			2,305,406
									2,697,776		184,114	2 881 890
Other	income
								Unrestricted			Restricted	Total
									Funds		Funds	2022
	Other income
	Compensation/Proceeds				from crime					5,798		5,798
	Equipment	sales								461		461
	Winter pressures			income		from	Luton	Borough	10,000			10,000
	Council
	Consultancy	costs		contributions			from partners			1,947		1,947
	Covid recovery		income			fiom	Luton	Borough	43,000			43,000
	Council
									61,206			61206
								Unrestricted			Restricted	Total
									Funds		Funds	2021
	Other income
	Compensation/Proceeds				from crime					60		60
	Equipment	sales								1,015		1,015
	Other									137		137
										1,212		1,212

3	Cost ofcharitable	activities	activities
		Direct		Other		Total	Direct	Other		Total
		Costs 2022		costs 2022		2022	Costs 2021	Costs	2021	2021
		g		g						g
	Floating Support		103,676		42,716	146,392	130,195	30,771		160,966
	and Outreach
	Hostel	2,088,400		1,130,798		3,219,198	1,984,390	850,915		2,835,305
	Accommodation
	tk Support
		2,192,076		1,173,514		3,365,590	2,114,585	881,686		2,996,271
	Costs include:
	Payroll (Note 4)					1,738,434				1,604,311
	Temporary Staff and other staff costs					36,774				35,870
	Premises					905,589				853,337
	Depreciation					65,395				67,405
	Food					51,234				50,145
	Telephone					68,876				66,022
	Training and staff development					47,298				37,249
	Legal, office and other		costs			405,187				250,636
	Loss on disposal of	assets				26,085				5,579
	Client support services					20,718				25,717
						3,365,590				2,996,271
	Restricted funds included in the total				figure: $40,130(2021:f202,003)
4	Payroll costs:
								2022		2021
	Wages and Salaries							1,538,390		1,416,835
	Social security costs							138,567		127,647
	Pension costs							61477		39829
								1 738,434		1,604,311
	The average number	ofemployees,		analysed				Number		Number
	by function was:
	Charitable activity								48	44
	Administration								15	13
									63	57

Net incoming resources		2022	2021
			g
The net incoming/(outgoing)	resources are stated after charging:
Auditors remuneration- audit		12,628	10,980
Loss on disposal offixed assets		26,085	5,579
Rents payable under operating	leases	5,536	5,536
Depreciation		65,395	67,405

9	Debtors: Due within	one year
			2022	2021
	Rental income		266,848	190,898
	Other debtors and prepayments		133,500	143,042
			400,348	333,940
10	Creditors: Amounts	falling due within one year
			2022	2021
	Trade creditors		148,654	161,222
	Other creditors and accruals		57,707	86,642
	Tax and social security	costs	36,932	31,509
	Bank loans		9,569	9,351
			252,862	288,724
11	Creditors: Amounts	falling due after more than one year
			2022	2021
	Bank loans
	Later than one year and not later than five years		34,687	40,696
	Over five years			3,696
			34,687	44,392

		Opening	Movements		Closing
		balance	in year	Transfers	balance
Designated Funds:
Client Support Fund		10,000	(3,334)		6,666
Facilities Development	Fund	32,040			32,040
Contingency Fund		54,747			54,747
Refurbishment Fund		60,000	(8,696)		51,304
General Funds:
General Funds		914,238	29,733		943,971
Total Unrestricted Funds		1,071,025	17,703		1,088,728

Unrestricted income	funds 2021
		Opening	Movements		Closing
		balance	in year	Transfers	balance
			g		K
Designated Funds:
Client Support Fund		3,854	(1,245)	7,391	10,000
Facilities Development	Fund	69,042	(37,002)		32,040
Contingency Fund		54,747			54,747
Database/entry system	Fund	8,191	(6,842)	(1,349)
Refurbishment Fund				60,000	60,000
General Funds:
General Funds		846,557	67,681		914238
Total Unrestricted Funds		982,391	22,592	66,042	1,071,025

		Opening	Income	Expenditure	Closing
		balance	in year	in year	balance
			K		f,
Budget training		1,834		(199)	1,635
Covid 19Grants			183,500	(183,500)
Client expenses Grant Homeless Partnership	donations		614 30000	(614) ~17690	32310
Total Restricted Funds		1,834	234,114	(202,003)	33,945

nalysis	ofnet assets between f	unds	2022
			Restricted	Designated	General
			Funds	Funds	Fund	Total
			g	g	g
Tangible	Fixed assets				805,633	805,633
Debtors					400,348	400,348
Bank			3,500	144,757	25,539	173,796
Creditors	due within one year				(252,862)	(252,862)
Creditors	due after more than	one
year					34687	34687
			3,500	144,757	943,971	1,092,228

	Analysis ofnet	assets between	funds	2021	2021
				Restricted		Designated	General
					Funds	Funds	Fund	Total
	Tangible Fixed assets						831,271	831,271
	Debtors						333,940	333,940
	Bank				33,945	156,787	82,143	272,875
	Creditors due within one year						(288,724)	(288,724)
	Creditors due	after more than	one
	year						44,392	44,392
					33,945	156,787	914,238	1,104,970
15	Commitments	under operating	leases
					Land and Buildings		Other
					2022	2021	2022	2021
	As at 31March	2022 the charity	had
	commitments under non-cancellable
	operating leases	as follows:
	Leases expiring
	Within one year				384,625	375,994	5,488	5,488
	Between two and five years				892,053	1,241,630	1,372	6,861
	Over five years
					1,276,678	1,617,624	6,860	12,349
16	Reconciliation	ofnet incoming/(outgoing)			resources to	net cash flow from operating		activities
						2022	2021
	Net incoming/(outgoing) resources for			the	reporting
	period (per statement offlnancial activities)					(12,742)	120,745
	Depreciation					65,395	67,405
	Interest from investments					(9)	(7)
	Loss/(profit) on	the sale offixed	assets			26,085	5,579
	(increase)/decrease in debtors					(66,408)	(128,524)
	Increase/(decrease) in creditors					36080	114 32
	Net cash inflow	from operating	activities			23759	179430

17 Comparative S	OFA 2021
			Income	funds	Total
			Unrestricted	Restricted	2021
		Notes
Income and endowments	from:
Donations and Fundraising			46,407	50,000	96,407
Investment income
Charitable activities:
Floating Support and Outreach			139,465		139,465
Hostel Accommodation	&.Support	2	2,697,776	184,114	2,881,890
Other			1,212		1,212
Total income and endowments			2,884,867	234,114	3,118,981
Expenditure on:
Raising funds			1,965		1,965
Charitable activities:
Floating Support aud Outreach		3	160,966		160,966
Hostel accommodation	&Support	3	2 633 302	202003	2 II35305
Total expenditure			2,796,233	202,003	2,998,236
Net income/(expenditure)			88,634	32,111	120,745
Reconciliation offunds:
Total funds brought forward		12,13	982,391	1,834	984,225
Total funds carried forward			1,071,025	33,945	1,104,970