2021-03-31-accounts - Urban Outreach (Bolton)

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INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF URBAN OUTREACH IBOLTQN) A Private Company Llmlted by Guarantee FOR THE YEAR ENDED 31 MARCH 2021 Our test5 also included agreeing the financial statements di5cIosures to underlying supporting documentation. There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events an(1 transactions reflected in the financial statements, the less likely we would become aware of it. We did not identify arkv key audlt matters relating to irregularlties, Including fraud. We also addressed the risk of mana8ement override of internal controls, includin8 testin8 journals and evaluatin8 whether there was evidence of bias by the management or trustees that represented a rlsk of materlal misstatement due to fraud. A further descrlptlon of our responsibllltie5 Is avallable on the Flnanclal Reportln8 Council's webslte at: https://www.frc.org.uk/Our-WorVAuditlAudit-and-assurance/Standards-and-guidancelStandards-and- guidance-for-auditorslAuditors-responsibilities-for-auditlOe5cription-of-auditors-responslbilities-for- audit.aspx. This description forms part of our aud5tor's report. Use of our report Thls report Is made solely to the charltable company's members, as a body, In accordance wlth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mi8ht state to the charitable company's members those matter5 we are required to state to them in an audltorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or a55ume re5ponslbillty to anyone other than the charStable company and the charitable company's members as a body, for our audit work, for this port, or for the opinlons we have formed. Mr Jonathan Har8raves BAIHonsl FCA ISenSor Statutory Audltorl For and on behalf of DonnellyBentley Ltd Chartered Accountants Ha21emere 70 Chorley New Road Bolton BLI 4BY 30 November 2021

			2021	2020
			E	E
INCOME			2,527,485	1,019,826
Staff Costs			536,779	602,201
Depreciation			44,822	33,580
Other Operating Charges			370,056	315,279
SURPLUS BEFORE INTEREST RECEIVABLE			1,575,828	68,766
Bank Interest Receivable			2,762	6,109
SURPLUS ON ORDINARY ACTIVITIES BEFORE
TAXATION			1,578,590	74,875
Tax on Income on Ordinary	Activities
SURPLUS FOR THE FINANCIAL		PERIOD AFTER
TAXATION			1,578,590	74,875
RETAINED SURPLUS BROUGHT		FORWARD	1,366,108	1,291,233
ACCUMULATED FUND TO CARRY FORWARD			2,944,698	1,366,108

FOR THE YEAR ENDED	FOR THE YEAR ENDED	31MARCH 2021	31MARCH 2021	31MARCH 2021	31MARCH 2021
									General	Restricted	Total	Total
									Fund	Funds	Year End	Year End
											31/03/2021	31/IN/2020
											E	6
Income from:
Donations and legacies:
Bolton Metropolitan		Borough			Council							30,000
Bolton at Home									240,000		240,000	43,5DD
BASE									353,462		353,462
Queen Street Mission									375,705		375,705
Seedbed Chnstian	Community				Trust							1D,DDD
Other Recharges												690
Voluntary donations		including			gift aid						404,783	128,981
									1,241,268	132,682	1,373,950	213,171
Charitable activities:
Asda										500	500
Bolton Metropolitan		eorough		Council						202,499	202,499	239,999
Bolton Council Local Welfare Provision										30,000	3D,DDD	30,000
Bolton at Home									5,650	161,000	166,650	40,000
Lloyds Foundation												25,0DD
Big Lottery Fund										192,322	192,322	22D,856
eolton CVS										67,420	67,420
Cheshire &Greater	Manchester				CRC Probation					45,000	45,000	45,000
Forever Manchester									6,920	18,DBO	25,000
Greater Manchester	Combined				Authority					54,432	54,432	11,317
Homestart										16,334	16,334
Ministry ofJustice										14,578	14,578
Stockport Women's	Centre (GM Women's					Supp	ort Alliance)			281	281	23,615
University ofeolton	-	serco Foundation								1,00D	1,000	4,793
WRAP										15,000	15,000
Paypoint Commission									132		132	149
Food/Welfare Cost	Recharge (LWP)									52,040	52,040	89,698
Food/Welfare Cost Other Recharges	Recharge								162,889	36,556	162,889 ~36 556	57,693 ~23 633
									175,591	907,042	1,082,633	801,753
Investment income:
Bank interest receivable											2,762	6,109
									2,762		2,762	6,109
Other income
Sundry Income									13,229	53,928	67,157	1,502
Rent Receivable										3,400	3,400	3,40D
Gain on disposal oftangible fixed asset									345		345
									13,574	57,328	70,902	4,902
Total Income								1	I433195	1097 D52	2 530247	1025 935
Expenditure
Charitable Activities								4	124,497	827,160	951,657	951,060
Total Expenditure									124497	827 16D	951657	951060
Net Income/(Expenditure)			for
the Year Before Transfers									1,308,698	269,892	1,578,590	74,875
Transfers Between Funds
Net Movement m Funds									1,308,698	269,892	1,578,590	74,875
Fund Balances e/Fwd	at 1April 2020								603508	762 600	1366 108	1291233
Fund Balances C/Fwd	at 31March 2021

		Note		2021		2020
				E		E
FIXED ASSETS
Tangible Assets				1,819,456		391,609
CURRENT ASSETS
Debtors and Prepayments		8	118,440		84,585
Cash at Bank			1,055,641		975,659
			1,174,081		1,060,244
CREDITORS: AMOUNTS	FALLING
DUE WITHIN ONE YEAR		9	48,839		85,205
NET CURRENT ASSETS				1,125,242		975,039
TOTAL ASSETS LESSCURRENT LIABILITIES				2,944,698		1,366,108
FUNDS
Restricted Funds				1,032,492		762,600
Unrestricted Funds: General				1,912,206		603,508
		10		2,944,698		1,366,108

				2021	2020
				6	E
Cash flows from operating activities:
Net cash provided by (used in) operating	activities			1,550,083	63,169
Cash flows from investing activltlesi
Interest received				2,762	6,109
Purchase ofproperty, plant and equipment				(1,492,363)	(25,449)
Proceeds from the sale offixed assets				19,500	0
Net cash provided by (used in) investing	activities			(1,470,101)	(19,340)
Cash flows from financing activities:
Net cash provided by (used in) financing	activities
Cash and cash equivalents at 1April 2020				975,659	931,830
Cash and cash equivalents at31March 2021				1,055,641	975,659
Reconciliation ofnet movements in funds		to net cash flow from operating	activities
Net movement in funds for the year ended srr s		31March 2021		1,578,590	74,875
Depreciation charges				44,822	33,580
Deduct interest income shown in investing		activities		(2,762)	(6,109)
Loss/(profit) on sale offixed assets				(345)	0
(Increase)/decrease in debtors				(33855)	(3,403)
Increase/(decrease) in creditors				(36,367)	(35,774)
Net cash provided by (used in) operating	activities			1,550,083	63,169
Analysis ofcash and cash equivalents
Cash in hand				1,055,641	975,659
				1,055,641	975,659

Leasehold Property	& Improvements	2%and 1%per annum	straight	line method
Office Equipment		25%o per annum	reducing	balance method
Plant and Machinery	etc.	25%per annum	reducing	balance method
Motor Vehicles		25%o per annum	straight	line method
TANGIBLE FIXEDASSETS

Leasehold Property	g Improvements	2%o and 1%per annum	straight	line method
Office Equipment		25% per annum	reducing	balance method
Plant and Machinery	etc.	25%o per annum	reducing	balance method
Motor Vehicles		25%o per annum	straight	line method

All the incom	e is deriv	ed	from the U	nited Kingdom.
					2021	2020
The operating	surplus	is	stated after:		E	E
Depreciation	ofTangible		Fixed Assets		44,822	33,580
(Profit)/Loss	on Disposal		ofTangible	Fixed Assets	(345)
Directors and	Trustees	Remuneration
Auditor Remuneration		—Audit / Examination			8,400	8,400

2021	2020
f	E
2,762	6,109

3.STAFF COSTS
	2021	2020
		f
Wages	490,415	549,509
Socia I Security	33,355	38,975
Pension contributions	13,009	13,717
	536,779	602,201

2021	2020
26	28

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7.TANGIBLE FIXEDASS	ETS
	Leasehold	Leasehold	Office	Plant and	Motor	TOTAL
	Property	Property	Equipment	Machinery	Vehicles
		Improvements		etc
		f		f
COST
At 1April 2020	210,635	214,925	52,674	35,534	113,308	627,076
Additions	1,440,000		1,437	11,986	38,940	1,492,363
Disposals					(38,309)	(38,309)
At 31March 2021	1,650,635	214,925	54,111	47,520	113,939	2,081,130
DEPRECIATION
At 1April 2020	28,708	63,863	48,459	34,466	60,511	236,007
Provided in Year	10,213	4,298	1,413	3,263	25,635	44,822
Disposals					(19,155)	(19,155)
At 31March 2021	38,921	68,161	49,872	37,729	66,991	261,674
NET BOOK VALUE
At 31March 2021	1,611,714	146,764	4,239	9,791	46,948	1,819,456
NET BOOK VALUE
At 31March 2020	181,927	151,062	4,215	1,068	52,797	391,069

8.DEBTORSAND PREPAYMENTS	8.DEBTORSAND PREPAYMENTS	2021	2020
		E
Prepayments and Accrued	Income	25,035	16,668
Other Debtors		66,010	62,046
Gift Aid Recoverable		27,395	5,871
		118,440	84,585
9.CREDITORS - AMOUNTS	FALLING DUE WITHIN ONE YEAR	2021f	2020 E
Accruals and Deferred Income		29,560	64,319
Taxation and Social Security		7,948	12,315
Trade Creditors		1,968	5,544
Other Creditors		9,363	3,027
		48,839	85,205

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					2021		2020
INCOME				E	E	E	E
Grants				1,800,183		724,080
Sundry Income				67,157		1,502
Voluntary Donations Including			Gift Aid	404,915		129,130
Food/Welfare / Other		Cost Recharge		251,485		161,714
					2,523,740		1,016,426
GRANTS AND DONATIOIYS
Individuals				980		10,187
					980		10,187
OTHER OPERA TING CHARGES
Fundraising Activities				50		1,402
Wages				490,415		549,509
SocialSecurity				33,355		38,975
Pension Contributions				13,009		13,717
Rates				1,231		589
Insurance				5,058		3,491
Heat and Light				11,496		14,188
Food Supplies				171,990		101,029
Paypoint				62,662		46,873
Motor Expenses				21,030		18,848
Motor Vehicle Leasing				720		512
Travelling Expenses				1,290		8,081
Entertaining						2,530
Printing, Stationery	and Postage			3,425		3,713
Advertising						2,399
Telephone				5,150		7,754
Training						3,065
Repairs and Renewals				4,616		26,872
Computer Expenses	and Maintenance			9,120		5,896
Accountancy and Audit				8,400		8,400
Sundry Expenses				2,047		3,585
Waste Collection and Cleaning				3223		5,313
Legal and Professional		Fees		36,830		17,291
Other Professional	Fees			20,608		23,200
Bank Charges and Interest				123
HMRC Interest Paid				7		61
					906,835		917,480
DEPRECIATION					44,822		33,580
TOTAL EXPENDITURE					951,657		951,060
BANK INTEREST RECEIVABLE					2,762		6,109
RENT RECEIVABLE					3,400		3,400
GAIN ON DISPOSAL	OF	FIXED ASSETS			345
SURPLUS FOR PERIOD					1,578,590		74,875