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2023-03-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 10
Report ofthe Independent
Auditors		 11 to 13
Statement of Financial Activities 14
Statement of Financial Position 15
Statement ofCash Flows 16
Notes to the Statement of Cash Flows 17
Notes to the Financial Statements 18 to 32

TRUSTEES M R Ratcliffe MBE M R Ratcliffe MBE
A Piggott
I J Salter
T Czapski
KJ Morgan OBE DL
A MLea
D M Stevens
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 TEAM 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 of Social value
and Engagement
Gillian Williams - Director of People
Services

31.3.23 31.3.22
Unrestricted Restricted Endowment Total Total
funds funds fund funds funds
Notes 6 6 E F
INCOME FROM
Donations
and legacies		 108,437 36,490 144,927 100,973
Charitable
activities
Charitable
Activities		 23,480 9,339,953 9,363,433 8,802,378
Other trading
activities		 10,925 24,742 35,667 21,745
Investment
income		 1,985 1,985 421
Other income 50,000 85,400 135,400 195,125
Total 194,827 9,486,585 9,681,412 9,120,642
EXPENDITURE ON
Charitable
activities		 7
Charitable
Activities		 298,988 9,156,268 9,455,256 8,734,736
Property
revaluation		 release 10 30,000 30,000
Total 328,988 9,156,268 9,485,256 8,734,736
NET
INCOME)(EXPENDITURE) (134,161) 330,317 196,156 385,906
Transfers
between		 funds 22 254,154 (254,154)
Net movement
in funds		 119,993 76,163 196,156 385,906
RECONCILIATION OF
FUNDS
Total funds
brought		 forward 1,631,956 163,478 1,795,434 1,409,528
TOTAL FUNDS CARRIED
FORWARD 1,751,949 239,641 1,991,590 1,795,434

31.3.23 31.3.22
Unrestricted Restricted Endowment Total Total
funds funds fund funds funds
Notes 8 E f F
FIXEDASSETS
Tangible assets 15 680,536 3,102,828 84,850 3,868,214 3,501,962
Investments 16 2 2 2
680,538 3,102,828 84,850 3,868,216 3,501,964
CURRENT ASSETS
Debtors 17 43,011 479,329 522,340 687,775
Cash at bank 1,090,435 269,219 1,359,654 1,301,910
1,133,446 748,548 1,881,994 1,989,685
CREDITORS
Amounts
falling due within
one year 18 (62,035) (734,357) (796,392) (1,035,222)
NET CURRENT ASSETS 1,071,411 14,191 1,085,602 954,463
TOTAL ASSETS LESS
CURRENT LIABILITIES 1,751,949 3,117,019 84,850 4,953,818 4,456,427
CREDITORS
Amounts
falling due after
more than one year (2,877,378) (84,850) (2,962,228) (2,660,993)
NET ASSETS 1,751,949 239,641 1,991,590 1,795,434
FUNDS 22
Unrestricted
funds		 1,751,949 1,631,956
Restricted
funds		 239,641 163,478
TOTAL FUNDS 1,991,590 1,795,434

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
31.3.23 31.3.22
Notes
Cash flows from operating activities
Cash generated
from operations		 1 159,530 435,367
Interest
paid		 (17,332) (19,439)
Net cash provided by operating activities 142,198 415,928
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (847,598) (1,573,679)
Sale of tangible
fixed assets		 530,000
Interest received 1,985 421
Net cash used
in		 investing activities (315,613) (1,573,258)
Cash flows from financing activities
New loans
in year		 700,000 1,300,000
Loan repayments in year (468,841) (42,180)
Net cash provided by financing activities 231,159 1,257,820
Change
in cash		 and cash equivalents
in the reporting period 57,744 100,490
Cash and cash equivalents at the
beginning
ofthe		 reporting period 1,301,910 1,201,420
Cash and cash equivalents at the end
ofthe reporting period 1,359,654 1,301,910

RECONCILIATION RECONCILIATION OF NET INCOME NET INCOME NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES FROM OPERATING ACTIVITIES FROM OPERATING ACTIVITIES
31.3.23 31.3.22
E f
Net income for the reporting period (as per the Statement of
Financial Activities) 196,156 385,906
Adjustments for:
Depreciation charges 86,746 88,581
Profit on disposal of fixed assets (50,000)
Interest received (1,985) (421)
Interest paid 17,332 19,439
Property
revaluation		 (85,400) (195,125)
Decrease
in		 debtors 165,435 61,278
(Decrease)/increase in creditors (168,754) 75,709
Net cash provided by operations 159,530 435,367
ANALYSIS OF CHANGES IN NET DEBT
At 1.4.22 Cash flow At 31.3.23
6
Net cash
Cash at bank 1,301,910 57,744 1,359,654
1,301,910 57,744 1,359,654
Debt
Debts falling due within 1 year (42,698) 42,698
Debts falling due after 1 year (2,576,143) (273,857) (2,850,000)
(2,618,841) (231,159) (2,850,000)
Total (1,316,931) (173,415) (1,490,346)

Individual
Donors		 Individual
Donors
Robert Ryan 2,000
Bob Holt 1,800
Gerald Ward 1,750
Stephen
Brown		 1,215
Shiona Adamson 1,200
Angela Young 1,200
Michael Beamish 1,100
Michael Ratcliffe 1,000
Individual
donors		 under 61,000 34,791
46,056
Community
and		 Staff Fundraisers
Matthew
Burke		 3,640
Sarah Daly 3,538
Tanya Le Grand 2,930
Cordell Ray 2,495
Hannah
Boydell		 2,060
Sarah Taylor 1,710
Faye Hennessy 1,326
Shanade
Smith		 1,180
David Owen 1,082
Fundraisers
under		 61,000 6,708
26,669
Corporate
Donors
Hazlewoods 5,310
Atkins Global 5,000
Ecclesiastical
Insurance		 4,200
i-2-i Recruitment 3,344
RockWealth
LLP		 3,300
Brunsdon
Financial Services Limited		 2,303
Circle 2 Success 2,265
Harrison
Clark Rickerbys		 Limited 1,853
Midcounties
Co-operative		 1,673
SLG Brands
Ltd		 1,570
Prestbury
Marketing		 & Consulting Limited 1,460
Nimble
Elearning		 1,322
Aston Lark Limited 1,270
Iress 1,215
Forge Motorsport 1,145
Hooray Recruitment 1,087
Azets Holdings
Ltd		 1,020
Cosgrove
& Drew		 Engineering Services Limited 1,000
Eke Security
Ltd		 1,000
Novus Property
Solutions		 Ltd 1,000
Others under F1,000 6,332
48,669
Churches,
clubs		 etc
The Montal Charitable Trust 5,000
Others under E1,000 2,476

7,476
Total Donations 128,870
HMRC Gift Aid 16,057
Total Donations
and Legacies		 144,927
3. OTHER TRADING ACTIVITIES
31.3.23 31.3.22
6 F
Miscellaneous
income		 35,667 21,745
4. INVESTMENT INCOME
31.3.23 31.3.22
8
Deposit account interest 1,985 421
5. INCOME FROM CHARITABLE ACTIVITIES
31.3.23 31.3.22
Activity
Grants Charitable Activities 7,308,255 6,923,328
Operational
rents received		 Charitable Activities 2,055,178 1,879,050
9,363,433 8,802,378
Grants received,
included		 in the above, are as follows:
31.3.23 31.3.22
6
Gloucestershire
County Council		 2,449,216 2,744,133
Bristol City Council 1,057,181 647,883
Herefordshire
Council		 952,003 996,126
Worcester
City Council
NHS Gloucestershire		 419,706
371,698		 494,735
282,913
Swindon
Borough Council		 361,073 267,601
South Gloucestershire
Council		 341,750 306,598
Primary Care Network
Cheltenham		 Central 192,251 149,486
Wiltshire
Council		 177,137 90,291
Big Lottery Fund
Bournemouth,
Christchurch		 and Poole Council 158,661
137,756		 106,942
194,562
Wychavon
District Council		 135,000 73,171
Primary Care Network
Mythe
Redditch
Borough Council		 Medical Practice 132,230
75,246		 62,544
64,316
Aspire Foundation
Oakwood
School		 40,843
35,850		 35,900
35,900
Cheltenham
Borough Council		 33,900 118,000
Teignbridge
District Council		 30,000
London
Borough of Havering		 28,543 24,943
Rooftop Housing
Association		 26,198 19,828
Tewkesbury
Borough Council		 26,000
Carried forward 7,182,242 6,715,872

INCOME FROM CHAR ITABLE AC TIVITIES - continue d
31.3.23 31.3.22
Brought forward 7,182,242 6,715,872
Bromsgrove
District Council		 25,086 32,114
Police and Crime Commissioner for Wiltshire 10,000 40,000
Herefordshire
Community
Foundation		 7,500
Fluck Convalescent
Fund		 7,416 5,516
E F Bulmer Benevolent Fund 7,289
University
ofWorcester		 7,000 4,200
University
of Gloucestershire		 5,600 12,440
Aspire Gloucestershire Ltd 5,266
Oxfordshire
Council		 3,509
University
of the West		 of England 2,800 2,100
University
of Bristol		 2,800
Somerset Community
Foundation		 27,391
Primary Care Network Cheltenham Peripheral 9,257
Bournemouth
Churches		 Housing Association 6,772
Police and Crime Commissioner for Gloucestershire 6,500
Neighbourly
Community		 Fund 6,400
Barnwood
House Trust		 5,000
Others less than F5,000 41,747 37,218
Coronavirus
Job Retention Scheme		 12,548
7,308,255 6,923,328
OTHER INCOME
31.3.23 31.3.22
8 F
Gain on sale oftangible fixed assets 50,000
Gain on property
revaluation		 85,400 195,125
135,400 195,125
CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8) note 9) Totals
E 8 8
Charitable
Activities		 9,449,265 5,991 9,455,256

DIRECT COSTS OF C HARIT ABLE ACTIVITIES
31.3.23 31.3.22
E 8
Staff costs 6,579,992 6,106,651
Direct client costs 141,602 109,178
Property costs 777,039 691,849
Equipment
costs		 177,858 160,244
Administration
costs		 248,041 244,038
Professional
fees		 694,569 555,070
Other staff expenditure 696,242 731,516
Vehicle costs 29,844 22,141
Depreciation 86,746 88,581
Interest payable
and similar charges		 17,332 19,439
9,449,265 8,728,707
9. SUPPORT COSTS
Governance
costs
E
Charitable
Activities		 5,991
Support costs, included in the above, are as follows:
Governance costs
31.3.23 31.3.22
Charitable Total
Activities activities
F
Auditors'
remuneration		 5,991 6,029
10. PROPERTY REVALUATION RELEASE
31.3.23 31.3.22
F
Revaluation
loss on property		 30,000
11. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.23 31.3.22
f E
Auditors'
remuneration		 5,991 6,029
Depreciation
- owned assets		 86,746 88,581
Surplus
on disposal
of		 fixed assets (50,000)

31.3.23 31,3.22
F
Wages and salaries 5,890,012 5,489,483
Social security costs 496,175 449,852
Other pension costs 193,805 167,316
6,579,992 6,106,651
The avera ge monthly
number
of employees
during
the		 year was as follows:
31.3.23 31.3.22
Management and administration 39 37
Charitable Activities 212 200
251 237

The number
of employees		 The number
of employees		 The number
of employees		 whose employee benefits
(excluding		 benefits
(excluding		 benefits
(excluding		 employer pension costs) exceeded
f60,000was:
31.3.23 31.3.22
660,001 —670,000 2 2
670,001 - 680,000 1 1
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
funds funds fund funds
8 f 6 f
INCOME FROM
Donations and legacies 49,678 51,295 100,973
Charitable activities
Charitable Activities 31,797 8,770,581 8,802,378
Other trading
activities		 7,221 14,524 21,745
Investment income 421 421
Other income 75,000 120,125 195,125
Total 164,117 8,956,525 9,120,642
EXPENDITURE ON
Charitable activities
Charitable Activities 31,048 8,703,688 8,734,736
Pag e 23 continued. ..

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued ACTIVITIES - continued
Unrestricted Restricted Endowment Total
funds funds fund funds
6 6 6
NET INCOME 133,069 252,837 385,906
Transfers
between		 funds 137,527 (137,527)
Net movement
in		 funds 270,596 115,310 385,906
RECONCILIATION OF FUNDS
Total funds
brought		 forward 1,361,360 48,168 1,409,528
TOTAL FUNDS CARRIED FORWARD 1,631,956 163,478 1,795,434
15. TANGIBLE FIXEDASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
6 6 F 6
COST OR VALUATION
At 1 April 2022 3,281,984 385,134 33,850 3,700,968
Additions 671,538 158,360 17,700 847,598
Disposals (480,000) (16,761) (1,400) (498,161)
Revaluations 85,400 85,400
At 31 March 2023 3,558,922 526,733 50,150 4,135,805
DEPRECIATION
At 1 April 2022 172,610 26,396 199,006
Charge for year 79,357 7,389 86,746
Eliminated
on disposal		 (16,761) (1,400) (18,161)
At 31 March 2023 235,206 32,385 267,591
NET BOOK VALUE
At 31 March 2023 3,558,922 291,527 17,765 3,868,214
At 31 March 2022 3,281,984 212,524 7,454 3,501,962
Cost or valuation at 31 March 2023 is represented
by:
Fixtures
Freehold and Motor
property fittings vehicles Totals
6 6 F
Valuation
in 2022		 195,125 195,125
Valuation
in 2023		 85,400 85,400
Cost 3,278,397 526,733 50,150 3,855,280
3,558,922 526,733 50,150 4,135,805

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
8
Trade debtors 392,797 512,760
Other debtors 2,098 8,560
Prepayments
and accrued		 income 127,445 166,455
522,340 687,775
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
8
Other loans (see note 20)
Trade creditors		 99,410 42,698
107,431
Social security and other taxes 113,489 155,731
Other creditors 103,830 89,391
Accrued expenses 207,884 195,241
Deferred income 271,779 444,730
796,392 1,035,222

CREDIT ORS: AMOUNTS
FALLING DUE AFTER MOR		 E THAN ONE YEAR
31.3.23 31.3.22
E
Other loans (see note 20) 2,850,000 2,576,143
Amounts owed to group undertakings 84,850 84,850
Accrued expenses 27,378
2,962,228 2,660,993

An analysis An analysis ofthe maturity ofthe maturity of loans is given below:
31.3.23 31.3.22
Amounts falling due within one year on demand:
Mortgage 42,698
Amounts falling between one and two years:
Mortgage 43,571
Amounts falling due between two and five years:
Mortgage 135,776
Amounts falling due in more than five years:
Repayable
Mortgage		 by instalments: 246,796
Repayable
Other loan		 otherwise than by instalments: 2,850,000 2,150,000

MOVEMENT
IN FUNDS		 MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
E F E
Unrestricted
funds
General
fund		 595,656 124,517 (71,828) 648,345
Unrestricted
revaluation		 fund 175,000 (30,000) 145,000
Property
Maintenance		 85,000 (46,476) 21,476 60,000
Consultancy
Fees		 20,000 (10,630) (9,370)
Depreciation 100,000 (84,927) 84,927 100,000
Expansion
ofSRol		 20,000 (5,647) (10,053) 4,300
Marketing 15,000 (3,115) (11,885)
Regulatory
Professional		 Fees 15,000 (3,669) (1,331) 10,000
Running
Costs		 476,300 71,304 547,604
System Development 25,000 (949) 5,949 30,000
Training 20,000 (14,400) (5,600)
CBSSenior Managers 35,000 (37,179) 64,679 62,500
Apprenticeship 15,000 (3,136) (5,264) 6,600
Training
and Development		 Manager 35,000 (18,550) 10,550 27,000
Data and Reporting Expert 23,600 23,600
Quality Manager 35,000 35,000
Registered
Manager		 (ILS/Ofsted) 52,000 52,000
1,631,956 (134,161) 254,154 1,751,949
Restricted funds
Restricted
revaluation		 fund 130,125 85,400 215,525
Community
Based Support		 33,353 52,231 (61,468) 24,116
Accommodation
Based		 Support 192,686 (192,686)
163,478 330,317 (254,154) 239,641
TOTAL FUNDS 1,795,434 196,156 1,991,590

Net movement
in funds		 , inc luded
in the above a		 re as follows:
Incoming Resources Movement
resources expended in funds
6 6 F
Unrestricted
funds
General
fund		 194,824 (70,307) 124,517
Unrestricted
revaluation		 fund (30,000) (30,000)
Property
Maintenance		 (46,476) (46,476)
Consultancy
Fees		 (10,632) (10,630)
Depreciation (84,928) (84,927)
Expansion
of SRol		 (5,647) (5,647)
Marketing (3,115) (3,115)
Regulatory
Professional		 Fees (3,669) (3,669)
System Development (949) (949)
Training (14,400) (14,400)
CBSSenior Managers (37,179) (37,179)
Apprenticeship (3,136) (3,136)
Training
and Development		 Manager (18,550) (18,550)
194,827 (328,988) (134,161)
Restricted funds
Restricted
revaluation		 fund 85,400 85,400
Community
Based Support		 3,787,546 (3,735,315) 52,231
Accommodation
Based		 Support 5,613,639 (5,420,953) 192,686
9,486,585 (9,156,268) 330,317
TOTAL FUNDS 9,681,412 (9,485,256) 196,156

Comparatlves
for mo		 v eme nt
in funds
Net Transfers
movement between At
At 1.4.21 in funds funds 31.3.22
6 6 6 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
of SRol		 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 Managers 35,000 35,000
Apprenticeship 15,000 15,000
Training
and Development		 Manager 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

Comparative
net move		 m ent
in funds,
included
in th		 e above are as follow s:
Incoming Resources Movement
resources expended in funds
8 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
of SRol		 (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
The designated
funds		 are in respect of:

CAPITAL COM MIT MENTS
31.3.23 31.3.22
6
Contracted but not provided for in the financial statements 33,559
Authorised but not committed at the year end 93,622