##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|9|
|Report ofthe Independent
Auditors|10 to||12|
|Statement
of Financial Activities||13||
|Statement
of Financial Position||14||
|Statement ofCash Flows||15||
|Notes to the Statement ofCash Flows||16||
|Notes to the Financial Statements|17 lo||31|
##
|TRUSTEES|M R Ratcliffe MBE||||
|---|---|---|---|---|
||A Piggott||||
||I J Salter||||
||TCzapski||||
||KJ Morgan OBE DL||||
||AMLea||||
||RJ Carter (resigned|31.10.21)|||
||D M Stevens (appointed||1.9.21)||
|COMPANY SECRETARY|A Piggott||||
|REGISTERED OFFICE|Wolseley House||||
||Oriel Road||||
||Cheltenham||||
||Gloucestershire||||
||GL50 1TH||||
|REGISTERED COMPANY|03002869 (England|and|Wales)||
|NUMBER|||||
|REGISTERED CHARITY|1043143||||
|NUMBER|||||
|AUDITORS|Andorran
Limited (Statutory
Auditor)||||
||Chartered
Accountants||||
||6 Manor Park Business Centre||||
||Mackenzie Way||||
||Cheltenham||||
||Gloucestershire||||
||GL51 9TX||||
|PATRON|The Lord Bird MBE||||
|SENIOR LEADERSHIP TEAIIII|Cordell Ray MBE - CEO||||
||Gareth Edwards - Chief||Operating|Officer|
||Amanda
McPeake -|Finance Director|||
||Nigel McPeake - Business Devel.|||Director|
||Max Larcombe - Director ofABS||||
||Ramona
Ray - Director ofCBS||||
||Ryan Major - Facilities Director||||
||Daniel Chun - Director -||People,||
||Engagement
and Quality||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
|||Notes|funds
E|funds|fund
2|funds|fundsf|
|INCOME FROM||||||||
|Donations
and legacies||2|49,678|51,295||100,973|148,238|
|Charitable
activities||5||||||
|Charitable
Activities|||31,797|8,770,581||8,802,378|8,311,223|
|Other trading
activities||3|7,221|14,524||21,745|13,701|
|Investment
income||4|421|||421|59,696|
|Other income||6|75,000|120,125||195,125||
|Total|||164,117|8,956,525||9,120,642|8,532,858|
|EXPENDITURE ON||||||||
|Charitable
activities||7||||||
|Charitable
Activities|||31,048|8,703,688||8,734,736|7,851,582|
|NET INCOME|||133,069|252,837||385,906|681,276|
|'Transfers
between|funds|21|137,527|(137,527)||||
|Net movement
in funds|||270,596|115,310||385,906|681,276|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought||||||||
|forward|||1,361,360|48,168||1,409,528|728,252|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||1,631,956|163,478||1,795,434|1,409,528|
##
##
##
||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|fund|funds|funds|
||Notes|5|8|8|8|5|
|FIXEDASSETS|||||||
|Tangible assets|14|1,119,182|2,297,930|84,850|3,501,962|1,821,739|
|Investments|15|2|||2|2|
|||1,119,184|2,297,930|84,850|3,501,964|1,821,741|
|CURRENT ASSETS|||||||
|Debtors|16|51,509|636,266||687,775|749,053|
|Cash at bank||739,830|562,080||1,301,910|1,201,420|
|||791,339|1,198,346||1,989,685|1,950,473|
|CREDITORS|||||||
|Amounts
falling due within|||||||
|one year|17|(67,099)|(968,123)||(1,035,222)|(958,653)|
|NET CURRENT ASSETS||724,240|230,223||954,463|991,820|
|TOTAL ASSETS LESS|||||||
|CURRENT LIABILITIES||1,843,424|2,528,153|84,850|4,456,427|2,813,561|
|CREDITORS|||||||
|Amounts
falling due after|||||||
|more than one year|18|(211,468)|(2,364,675)|(84,850)|(2,660,993)|(1,404,033)|
|NETASSETS||1,631,956|163,478||1,795,434|1,409,528|
|FUNDS|21||||||
|Unrestricted
funds|||||1,631,956|1,361,360|
|Restricted funds|||||163,478|48,168|
|TOTAL FUNDS|||||1,795,434|1,409,528|
##
||||CARIN|G FOR COMMUNI|TIES
AND PEOPLE||
|---|---|---|---|---|---|---|
|||||STATEMENT OF|CASH FLOWS||
||||FOR|THE YEAR ENDED 31 MARCH 2022|||
||||||31.3.22|31.3.21|
|||||Notes|F|F|
|Cash flows from|operating||activities||||
|Cash generated
from operations||||1|435,367|728,408|
|Interest paid|||||(19,439)|(75,828)|
|Net cash provided|by operating
activities||||415,928|652,580|
|Cash flows from|Investing||activities||||
|Purchase of tangible
fixed assets|||||(1,573,679)|(644,633)|
|Interest received|||||421|137|
|Net cash used
in|investing|activities|||(1,573,258)|(644,496)|
|Cash flows from|financing||activities||||
|New loans
in year|||||1,300,000|850,000|
|Loan repayments|in year||||(42,180)|(40,828)|
|Net cash provided|by financing
activities||||1,257,820|809,172|
|Change
in cash|and cash||equivalents||||
|in the reporting|period||||100,490|817,256|
|Cash and cash equivalents|||at the||||
|beginning
ofthe|reporting||period||1,201,420|384,164|
|Cash and cash equivalents|||at the end||||
|ofthe reporting|period||||1,301,910|1,201,420|
##
##
|||NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022|
|---|---|---|---|---|---|---|---|---|
|RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIN/ITIES|||||||
||||||||31.3.22|31.3.21|
||||||||6|6|
|Net Income|for the|reporting|||period (as per the Statement|of|||
|Financial Activities)|||||||385,906|681,276|
|Adjustments|for:||||||||
|Depreciation|charges||||||88,581|50,728|
|Interest received|||||||(421)|(137)|
|Interest
paid|||||||19,439|75,828|
|Property
revaluation|||||||(195,125)||
|Decrease/(increase)||in|debtors||||61,278|(252,782)|
|Increase
in creditors|||||||75,709|173,495|
|Net cash provided||by|operations||||435,367|728,408|
|ANALYSIS OF CHANGES||||IN|NET DEBT||||
|||||||At 1.4.21|Cash flow|At 31.3.22|
|||||||8|F|f|
|Net cash|||||||||
|Cash at bank|||||1,201,420||100,490|1,301,910|
||||||1,201,420||100,490|1,301,910|
|Debt|||||||||
|Debts falling|due within||1 year|||(41,838)|(860)|(42,698)|
|Debts falling|due aRer 1 year||||(1,319,183)||(1,256,960)|(2,576,143)|
||||||(1,361,021)||(1,257,820)|(2,618,841)|
|Total||||||(159,601)|(1,157,330)|(1,316,931)|
##
##
##
##
##
##
##
##
##
|DONA'TIONS
AND LEGACIES||
|---|---|
|Individual
Donors||
|Robert Ryan|3,500|
|Simon Brisk|2,000|
|Elizabeth
Macnamara|1,900|
|Toni Bayliss|1,261|
|Stephen
Brown|1,210|
|Gerald Ward|1,200|
|Shiona Adamson|1,100|
|Angela Young|1,000|
|George Herbert|1,000|
|Jacqueline
Durbin|1,000|
|James Horrell|1,000|
|Mary Ann Hazell|1,000|
|Owen Jubb|1,000|
|Individual
donors under F1,000|27,207|
||45,378|
|Legacy||
|Estate of Mary Coskery|5,000|
|Community
and Staff Fundraisers|E|
|Michael Bride|1,288|
|Heather
Sheridan|1,451|
|Others under f1,000|1,147|
||3,886|
|Churches,
clubs etc||
|Family Space Charity|8,260|
|Others
under L'1,000|1,635|
||9,895|
|Corporate Donors|E|
|Really Helpful
Marketing|4,790|
|Midcounties
Co-operative|3,891|
|Ecclesiastical
Insurance|2,750|
|Arnold Clark|2,500|
|Innova Capital|2,072|
|EKE Security|2,000|
|Office Works|2,000|
|RockWealth
LLP|1,800|
|Creed Foodservice|1,050|
|Others under 81,000|5,110|
||27,963|
|Total Donations|92,121|
|Inland Revenue
Gift Aid|8,852|
|Total Donations
and Legacies|100,973|
##
|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES||||||
|---|---|---|---|---|---|---|
||||||31.3.22
f|31.3.21
F|
|Miscellaneous
income|||||21,745|13,701|
|INVESTMENT INCOME|||||||
||||||31.3.22
F|31.3.21
f|
|Rents received||||||59,559|
|Deposit account interest|||||421|137|
||||||421|59,696|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||Activity||||31.3.22|31.3.21
f|
|Grants|Charitable|||Activities|6,923,328|6,880,694|
|Operational
rents received|Charitable|||Activities|1,879,050|1,430,529|
||||||8,802,378|8,311,223|
|Grants received,
included
in|the|above,||are as follows:|||
||||||31.3.22|31.3.21|
|Gloucestershire
County Council|||||2,744,133|3,163,652|
|Herefordshire
Council|||||996,126|730,931|
|Bristol City Council|||||647,883|246,917|
|Worcester City Council|||||494,735|768,876|
|South Gloucestershire
Council|||||306,598|227,096|
|NHS Gloucestershire|||||282,913|228,006|
|Swindon
Borough Council|||||267,601|5,403|
|Bournemouth,
Christchurch|and|Poole||Council|194,562|502,437|
|Primary Care Network Cheltenham|||Central||149,486|115,296|
|Cheltenham
Borough Council|||||118,000|107,500|
|Big Lottery Fund|||||106,942|49,034|
|Wiltshire
Council|||||90,291|33,310|
|Wychavon
District Council|||||73,171||
|Redditch
Borough Council|||||64,316|62,417|
|Primary Care Network
Mythe|Medical Practice||||62,544|45,137|
|Police and Crime Commissioner||for|Wiltshire||40,000|40,000|
|Aspire Foundation|||||35,900|35,900|
|Oakwood
School|||||35,900|35,900|
|Bromsgrove
District Council|||||32,114|31,041|
|Somerset Community
Foundation|||||27,391|19,415|
|London Borough of Havering|||||24,943||
|Rooftop Housing
Association|||||19,828||
|University
of Gloucestershire|||||12,440|9,800|
|Primary Care Network
Cheltenham|||Peripheral||9,257|37,583|
|Bournemouth
Churches
Housing||Association|||6,772|40,634|
|Police and Crime Commissioner||for|Gloucestershire||6,500|6,500|
|Neighbourly
Community
Fund|||||6,400|5,400|
|Carried forward|||||6,856,746|6,548,185|
##
##
|5.|INCOME FROM CH|ARITA|BLE ACTIVITIES - continu|ed|||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||Brought forward||||6,856,746|6,548,185|
||Flock Convalescent|Fund|||5,516|7,017|
||Bamwood
House Trust||||5,000|15,593|
||University
ofWorcester||||4,200|5,600|
||University
ofthe West of England||||2,100|11,200|
||Worcester County Council|||||15,643|
||North Somerset Council|||||177,592|
||Maggs Day Centre|||||14,801|
||Severn Wye Energy|Agency||||10,700|
||Gloucestershire
Community||Foundation|||9,822|
||Gloucestershire
Society|||||8,928|
||The Rowlands
Trust|||||5,000|
||Others less than 65,000||||37,218|23,586|
||Coronavirus
Job Retention||Scheme||12,548|27,027|
||||||6,923,328|6,880,694|
|6.|OTHER INCOME||||||
||||||31.3.22
F|31.3.21
f|
||Gain on property
revaluation||||195,125||
|7.|CHARITABLE ACTIVITIES||COSTS||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 8)|note 9)|Totals|
|||||6|F||
||Charitable
Activities|||8,728,707|6,029|8,734,736|
|8.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
||||||31.3.22|31.3.21|
||||||6|F|
||Staff costs||||6,106,651|5,709,292|
||Direct client costs||||109,178|75,602|
||Property costs||||691,849|602,853|
||Equipment
costs||||160,244|142,530|
||Administration
costs||||244,038|197,949|
||Professional fees||||555,070|376,864|
||Other staff expenditure||||731,516|592,263|
||Vehicle costs||||22,141|21,645|
||Depreciation||||88,581|50,728|
||Interest payable
and|similar|charges||19,439|75,828|
||||||8,728,707|7,845,554|
##
##
##
|||||||Governance|
|---|---|---|---|---|---|---|
|||||||costs|
|||||||f|
||Charitable|Activities||||6,029|
||Support costs, included|||in the above, are as follows:|||
||Governance||costs||||
||||||31.3.22|31.3.21|
||||||Charitable|Total|
||||||Activities|activities|
||||||F|8|
||Auditors'|remuneration|||6,029|6,028|
|10.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)|||is stated after charging/(crediting):|||
||||||31.3.22|31.3.21|
|||||||F|
||Auditors'|remuneration|||6,029|6,028|
||Depreciation||- owned assets||88,581|50,728|
##
##
##
##
##
|STAFF COSTS|||
|---|---|---|
||31.3.22|31.3.21|
|Wages and salaries|5,489,483|5,158,430|
|Social security costs|449,852|402,999|
|Other pension costs|167,316|147,863|
||6,106,651|5,709,292|
|The average|monthly|number|of employees|during|the year was as follows:|||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
|Management|and administration|||||37|31|
|Charitable
Activities||||||200|207|
|||||||237|238|
##
|12.|STAFF COSTS - continued|STAFF COSTS - continued||||||||
|---|---|---|---|---|---|---|---|---|---|
||The number
of employees||whose|employee|benefits
(excluding
employer||pension|costs)|exceeded|
||860,000was:|||||||||
||||||||31.3.22||31.3.21|
||860,001 - 670,000||||||2||1|
||670,001 - F80,000||||||1|||
|13.|COMPARATIVES FOR THE STATENIENT OF FINANCIAL|||||ACTIVITIES||||
||||||Unrestricted|Restricted|Endowment||Total|
||||||funds|funds|fund||funds|
||||||8|E|f|||
||INCOME FROM|||||||||
||Donations
and legacies||||44,920|103,318|||148,238|
||Charitable
activities|||||||||
||Charitable
Activities||||48,155|8,263,068||8,311,223||
||Other trading
activities||||5,726|7,975|||13,701|
||Investment
income||||50,057|9,639|||59,696|
||Total||||148,858|8,384,000||8,532,858||
||EXPENDITURE ON|||||||||
||Charitable
activities|||||||||
||Charitable
Activities||||34,013|7,817,569||7,851,582||
||NET INCOME||||114,845|566,431|||681,276|
||Transfers
between|funds|||566,588|(566,588)||||
||Net movement
in funds||||681,433|(157)|||681,276|
||RECONCILIATION
OF FUNDS|||||||||
||Total funds brought|forward|||679,927|48,325|||728,252|
||TOTAL FUNDS CARRIED||FORWARD||1,361,360|48,168||1,409,528||
##
##
##
##
##
##
##
||||||
|---|---|---|---|---|
|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||
||||31.3.22|31.3.21|
|||||E|
|Trade debtors||512,760||639,041|
|Other debtors|||8,560|15,942|
|Prepayments
and accrued|income||166,455|94,070|
|||687,775||749,053|
|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
||||31.3.22|31.3.21|
|||||6|
|Other loans (see note 19)
Trade creditors|||42,698
107,431|41,838
167,917|
|Social security and other taxes|||155,731|117,307|
|Other creditors|||89,391|76,214|
|Accrued expenses|||195,241|158,491|
|Deferred
income||444,730||396,886|
|||1,035,222||958,653|
|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR||||
||||31.3.22|31.3.21|
||||E||
|Other loans (see note 19)||2,576,143||1,319,183|
|Amounts
owed to group undertakings|||84,850|84,850|
|||2,660,993||1,404,033|
|LOANS|||||
|An analysis ofthe maturity|of|loans is given below.|||
||||31.3.22|31.3.21|
||||6|E|
|Amounts
falling due within|one year on demand:||||
|Mortgage|||42,698|41,838|
|Amounts
falling between one||and two years:|||
|Mortgage -1-2 years|||43,571|42,571|
|Amounts
falling due between||two and five years:|||
|Mortgage -2-5 years|||135,776|130,735|
|Amounts
falling due in more than five years:|||||
|Repayable
by instalments:|||||
|Mortgage
more than 5 years|||246,796|295,877|
##
##
##
##
|LOANS - c|ontinued|||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|||||6|F|
|Repayable|otherwise|than|by instalments:|||
|Other loan|more 5years|||2,150,000|850,000|
##
||31.3.22|31.3.21|
|---|---|---|
|Mortgage|2,618,841|1,361,021|
##
##
|MOVEMENT
IN FUND|S||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.22|
||||F|E|f|6|
|Unrestricted
funds|||||||
|General
fund|||597,360|237,972|(239,676)|595,656|
|Unrestricted
revaluation||fund|100,000|75,000||175,000|
|Property
Maintenance|||85,000|(39,901)|39,901|85,000|
|Consultancy
Fees|||20,000|(1,952)|1,952|20,000|
|Depreciation|||100,000|(86,791)|86,791|100,000|
|Expansion
ofSRol to include|||||||
|volunteering|||20,000|(2,000)|2,000|20,000|
|Marketing|||25,000|(20,017)|10,017|15,000|
|Regulatory
Professional||Fees|10,000|(1,960)|6,960|15,000|
|Running
Costs|||289,000||187,300|476,300|
|Social Value Manager|||30,000||(30,000)||
|System Development|||40,000|(8,205)|(6,795)|25,000|
|Training|||20,000|(19,077)|19,077|20,000|
|Volunteering
in the County|||25,000||(25,000)||
|CBSSenior Manager|||||35,000|35,000|
|Apprenticeship|||||15,000|15,000|
|Training
Coordinator|||||35,000|35,000|
||||1,361,360|133,069|137,527|1,631,956|
|Restricted funds|||||||
|Restricted
revaluation|fund||10,000|120,125||130,125|
|Community
Based Support|||38,168|114,586|(119,401)|33,353|
|Accommodation
Based||Support||18,126|(18,126)||
||||48,168|252,837|(137,527)|163,478|
|TOTAL FUNDS|||1,409,528|385,906||1,795,434|
##
##
|Net movem|e|nt
in funds|,|included
in the above|are as follows:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||F||F|
|Unrestricted||funds||||||
|General
fund|||||89,117|148,855|237,972|
|Unrestricted||revaluation||fund|75,000||75,000|
|Property
Maintenance||||||(39,901)|(39,901)|
|Consultancy||Fees||||(1,952)|(1,952)|
|Depreciation||||||(86,791)|(86,791)|
|Expansion|ofSRol to include|||||||
|volunteering||||||(2,000)|(2,000)|
|Marketing||||||(20,017)|(20,017)|
|Regulatory||Professional||Fees||(1,960)|(1,960)|
|System Development||||||(8,205)|(8,205)|
|Training||||||(19,077)|(19,077)|
||||||164,117|(31,048)|133,069|
|Restricted||funds||||||
|Restricted|revaluation||fund||120,125||120,125|
|Community||Based Support|||3,603,814|(3,489,228)|114,586|
|Accommodation
Based||||Support|5,232,586|(5,214,460)|18,126|
||||||8,956,525|(8,703,688)|252,837|
|TOTAL FUNDS|||||9,120,642|(8,734,736)|385,906|
##
##
##
|Comparatives
for mo|v|emen|t
In fun|ds|||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.20|in funds|funds|31.3.21|
||||||6|6|6|6|
|Unrestricted
funds|||||||||
|General
fund|||||494,927|152,507|(50,074)|597,360|
|Unrestricted
revaluation||fund|||100,000|||100,000|
|Property
Maintenance|||||60,000|(22,196)|47,196|85,000|
|Volunteer
Co-ordinator|||||25,000|(15,466)|(9,534)||
|Consultancy
Fees|||||||20,000|20,000|
|Depreciation|||||||100,000|100,000|
|Expansion
ofSRol to include|||||||||
|volunteering|||||||20,000|20,000|
|Marketing|||||||25,000|25,000|
|Regulatory
Professional||Fees|||||10,000|10,000|
|Running
Costs|||||||289,000|289,000|
|Social Value Manager|||||||30,000|30,000|
|System Development|||||||40,000|40,000|
|Training|||||||20,000|20,000|
|Volunteering
in the County|||||||25,000|25,000|
||||||679,927|114,845|566,588|1,361,360|
|Restricted funds|||||||||
|Restricted
revaluation|fund||||10,000|||10,000|
|Community
Based Support|||||38,325|409,561|(409,718)|38,168|
|Accommodation
Based||Support||||156,870|(156,870)||
||||||48,325|566,431|(566,588)|48,168|
|TOTAL FUNDS|||||728,252|681,276||1,409,528|
|Comparative
net movement|||in funds,|included|in the above|are as follows:|||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
||||||||F|6|
|Unrestricted
funds|||||||||
|General
fund||||||148,858|3,649|152,507|
|Property
Maintenance|||||||(22,196)|(22,196)|
|Volunteer
Co-ordinator|||||||(15,466)|(15,466)|
|||||||148,858|(34,013)|114,845|
|Restricted funds|||||||||
|Community
Based Support||||||3,660,615|(3,251,054)|409,561|
|Accommodation
Based||Support||||4,723,385|(4,566,515)|156,870|
|||||||8,384,000|(7,817,569)|566,431|
|TOTAL FUNDS||||||8,532,858|(7,851,582)|681,276|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##