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





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|The Trustees who served during the financial year were as follows:|The Trustees who served during the financial year were as follows:|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Trustees:|CVanschagen<br>(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<br>are<br>appointed|||by the||Board of Trustees|||||in a|
||general<br>meeting.|The<br>number||||nearest|to one|||third of||
||Trustees<br>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<br>(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.|||||||||||





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





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||||Income|funds|Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2022|2021|
|||Notes|||||
|Income and endowments|from:||||||
|Donations<br>and Fundraising|||38,610||38,610|96,407|
|Investment<br>income|||||||
|Charitable<br>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<br>on:|||||||
|Raising funds|||1,706||1,706|1,965|
|Charitable<br>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<br>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|





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|BALANCE SHEET<br>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<br>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<br>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<br>cash<br>provided<br>by|(used|in)||operating||16||(23,759)|179,430|
|activity||||||||||
|Cash flows from investing|activities:|||||||||
|Interest from investments||||||||9|7|
|Purchase ofproperty,<br>plant|Bi:equipment|||||||(65,842)|(117,118)|
|Net<br>cash<br>provided<br>by|(used|in)||investing||||(65,833)|(117,111)|
|activities||||||||||
|Cash flows from financing|activities:|||||||||
|Repayments<br>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<br>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<br>272,875||(99,079)|||||||173,796|
|Loans falling||||||||||
|due within<br>(9,351)|||9,487|||(9,705)|||(9,569)|
|one year||||||||||
|Loans falling||||||||||
|due more<br>(44,392)|||||||9,705||(34,687)|
|than one year||||||||||
|NET DEBT<br>219,132||(89,592)|||||||129,540|





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|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<br>pressures|||income||from|Luton|Borough|10,000|||10,000|
||Council||||||||||||
||Consultancy|costs||contributions|||from partners|||1,947||1,947|
||Covid<br>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<br>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<br>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<br>activity||||||||48|44|
||Administration||||||||15|13|
||||||||||63|57|




## 



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|Net incoming<br>resources||2022|2021|
|---|---|---|---|
||||g|
|The net incoming/(outgoing)|resources are stated after charging:|||
|Auditors<br>remuneration-<br>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|



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|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<br>Funds:||||||
|Client Support Fund||10,000|(3,334)||6,666|
|Facilities Development|Fund|32,040|||32,040|
|Contingency<br>Fund||54,747|||54,747|
|Refurbishment<br>Fund||60,000|(8,696)||51,304|
|General Funds:||||||
|General Funds||914,238|29,733||943,971|
|Total Unrestricted<br>Funds||1,071,025|17,703||1,088,728|





## 

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



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|||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<br>Homeless Partnership|donations||614<br>30000|(614)<br>~17690|32310|
|Total Restricted Funds||1,834|234,114|(202,003)|33,945|



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|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<br>due within one year||||||(288,724)|(288,724)|
||Creditors<br>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<br>under non-cancellable||||||||
||operating<br>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)<br>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)<br>on|the sale offixed|assets|||26,085|5,579||
||(increase)/decrease<br>in debtors|||||(66,408)|(128,524)||
||Increase/(decrease)<br>in creditors|||||36080|114 32||
||Net cash inflow|from operating|activities|||23759|179430||





## 

|17<br>Comparative<br>S|OFA 2021|||||
|---|---|---|---|---|---|
||||Income|funds|Total|
||||Unrestricted|Restricted|2021|
|||Notes||||
|Income and endowments|from:|||||
|Donations<br>and Fundraising|||46,407|50,000|96,407|
|Investment<br>income||||||
|Charitable<br>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<br>on:||||||
|Raising funds|||1,965||1,965|
|Charitable<br>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<br>offunds:||||||
|Total funds brought<br>forward||12,13|982,391|1,834|984,225|
|Total funds carried forward|||1,071,025|33,945|1,104,970|