2022-03-31-accounts

Operating	Operating	Name	Name		New Roots	Housing	Project
Company		number			02814950
Charity	number				1045334
Registered			office		2 Overend	Road
					Worksop
					Nottinghamshire
					880 1QF
Chair					Stuart West
Management			Committee	(Directors And Trustees)	LDavenport
					J Griffiths
					R Hobson
					LOldcorn
					SWest
					J Barton
					P Dickinson
Senior staff					Carol Scawthon			Senior Project Manager
					lan Barley			Business Coordinator
					Vicky Baker-Shaw			Social Care Manager
Auditor					Rogers Spencer
					Newstead House
					Pelham Road
					Nottingham
					NG5 1AP
Bankers					Natwest
					69 Bridge Street
					Worksop
					S80 1DJ

		Page
Trustees report		1-7
Statement ofTrustees	responsibilities
Independent auditor's	report	9-11
Statement offinancial	activities	12-13
Balance sheet		14
Statement ofcash flows		15
Notes to the financial	statements	16-27

Current financial year
			Unrestricted	Restncted	Total	Total
			funds	funds
			2022	2022	2022	2021
		Notes	6	6	6	8
f
D tu dl g		3				10,128
Charitable activities		4	1,089,572	44,000	1,133,572	1,223,031
Other trading activities			3,522		3,522	3,109
Other income		5				17,227
Total income ~Ex ni~			1,093,094	44,000	1,137,094	1,253,495
Raising funds		6	17,000		17,000	12,750
Charitable activities		7	1,021,859	31,784	1,053,643	1,114,852
Total resources expended			1,038,859	31,784	1,070,643	1,127,602
Net incoming resources	before transfers		54,235	12,216	66,451	125,893
Gross transfers between	funds		148	(148)
Net income forthe year/
Net movement in funds			54,383	12,068	66,451	125,893
Fund balances at 1 April	2021		746,456	40,512	786,968	661,075
Fund balances at 31 March 2022			800,839	52,580	853,419	786,968

Prior financial year
		Unrestricted	Restricted	Total
		funds	funds
		2021	2021	2021
f	Notes	f	f
Donations and legacies Charitable activities Other trading activities Other income		10,128 1,133,031 3,109 17,227	90,000	10,128 1,223,031 3,109 17,227
Total income		1,163,495	90,000	1,253,495
Raising funds		12,750		12,750
Charitable activities		1,004,816	110,036	1,114,852
Total resources expended		1,017,566	110,036	1,127,602
Net incoming resources before transfers		145,929	(20,036)	125,893
Gross transfers between funds		(2,606)	2,606
Net income for the year/
Net movement in funds		143,323	(17,430)	125,893
Fund balances at 1 April 2020		603,133	57,942	661,075
Fund balances at 31 March 202'I		746,456	40,512	786,968

				2022		2021
			Notes	6		6
Fixed assets
Tangible assets					847,145		759,454
Current assets
Debtors			12	32,130		21,389
Cash at bank and in		hand		304,233		292,131
				336,363		313,520
Creditors:	amounts	falling due within
one year			14	(133,502)		(79,358)
Net current	assets				202,861		234,162
Total assets less current liabilities					1,050,006		993,616
Creditors:	amounts	falling due after
more than	one year		15		(196,587)		(206,648)
Net assets					853,419		786,968
Income funds
Restricted	funds		18		52,580		40,512
Unrestricted	funds				800,839		746,456
					853,419		786,968

				2022		2021
		Notes	8			g
Cash flows from operating	activities
Cash generated from operations		22			150,953		185,529
Investing activities
Purchase oftangible fixed assets			(120,461	)		(77,148)
Interest received			22			46
Net cash used in investing	activities				(120,439)		(77,102)
Financing activities
Repayment of bank loans			(10,060)			(9,750)
Interest and financing costs			(8,282)			(8,494)
Net cash used in financing	activities				(18,342)		(18,244)
Net increase in cash and cash equivalents					12,172		90,184
Cash and cash equivalents	at beginning	ofyear			292,061		201,877
Cash and cash equivalents	at end of	year			304,233		292,061
Relating to:
Cash at bank and in hand					304,233		292,131
Short term deposits included	in current
asset investments
Bank overdrafts included in	creditors
payable within one year							(70)

Depreciation is provided on tangible costs ofeach asset over its expected	assets on a straight useful life as follow
Freehold land and buildings	50years
Plant and equipment	4years
Fixtures and fittings	4years
Computers	4 years
Motor vehicles	4 years

								Total	Unrestricted
									funds
								2022	2021
								8
	Donations		and gifts						10,128
4	Charitable			activities
								2022	2021
								f	8
	Grants							44 000	90000
	Rents and		Young Persons Supported			Accommodation	Services income
	receivable							1,089,572	1,133,031
								1,133,572	1,223,031
	Analysis	by		fund
	Unrestricted			funds				1,089,572	1,133,031
	Restricted		funds					44,000	90,000
								1,133,572	1,223,031
5	Other income
								Total	Unrestricted
									funds
								2022 F	2021f
	Government			grants - furlough	income				17,227

			2022	2021
			E	E
Fundraisin	and	ublici
Consultancy	fees		17,000	12,750
			17,000	12,750

				2022	2021
				6	6
Stalf costs				599,044	619,927
Training costs				8,539	6,044
Staff travel costs				9,584	8,598
Insurance				8,243	7,031
Move-on units rents				111,380	112,695
Repairs and renewals				136,319	167,795
Council tax and water		rates		12,015	11,185
Light and heat				21,420	15,633
Advertising, printing,		postage	and stationery	10,086	5,053
Telephone				22,013	16,491
Cleaning				7,923	5,879
Motor expenses				245	490
Equipment rental				1,778	910
Bad debts written	off			(9,250)	38,312
Professional fees				9,934	4,539
Bank charges				426	484
Loan interest				8,282	8,494
Volunteer expenses				1,782	1,565
Activities and projects				7,740	4,173
Sundry expenses				10,495	8,885
Depreciation offixed		assets		32,769	31,989
				1,010,767	1,076,172
Share ofgovernance		costs (see note 9)		42,876	38,680
				1,053,643	1,114,852
Analysis by fund
Unrestricted funds				1,021,859
Restricted funds				31,784
				1,053,643
Forthe year ended 31 March			2021
Unrestricted funds					1,004,816
Restricted funds					110,036
					1,114,852

				2022	2021
					8
Staff	costs			32,310	29,653
Audit	and	accountancy	fees	10,566	9,027
				42,876	38,680

The average	monthly number ofemployees during th	e year was:
		2022	2021
		Number	Number
		19	19
Employment	costs	2022	2021
		8	8
Wages and salaries		553,720	583,785
Social security costs		30,131	27,480
Other pension costs		47,503	38,315
		631,354	649,580

Tangible fix	ed asset	s
			Freehold land	Plant and	Fixtures and	Computers	Motor	Total
			and buildings	equipment	fittings		vehicles
				8	8		8
Cost
At 1 April 2021			871,504	80,482	62,362	14,756	4,500	1,033,604
Additions			102,476	7,305	10,680			120,461
Disposals							(4,500)	(4,500)
At 31 March	2022		973,980	87,787	73,042	14,756		1,149,565
Depreciation	and
impairment
At 1 April 2021			144,065	61,756	50,465	13,365	4,500	274,151
Depreciation	charged	in the
year			17,772	9,447	4,696	854		32,769
Eliminated in	respect	of
disposals							(4,500)	(4,500)
At 31 March	2022		161,837	71,203	55,161	14,219	-	302,420
Carrying amount
At 31 March	2022		812,143	16,584	17,881	537		847,145
At 31 March	2021		727,440	18,726	11,897	1,391		759,454

Debtors
		2022	2021
Amounts falling due within one year:		6	6
Trade debtors		30,724	19,510
Prepayments	and accrued income	1,406	1,879
		32,130	21,389

		2022	2021
		6
Bank overdrafts			70
Bank loans		205,087	215,148
		205,087	215,218
Payable	within one year	8,500	8,570
Payable	after one year	196,587	206,648

Creditors: am	ounts	falling due within one year
				2022	2021
			Notes	6	6
Bank loans and overdrafts			13	8,500	8,570
Other taxation	and social security			18,551
Trade creditors				95,510	60,914
Accruals and deferred		income		10,941	9,874
				133,502	79,358
Creditors: amounts		falling due after more than one year
				2022	2021
			Notes	6	6
Bank loans			13	196,587	206,648

17	Analysis ofnet assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022	2022		2021	2021	2021
					F
	Fund balances at 31
	March 2022 are
	represented by:
	Tangible assets	770,392	76,753	847,145	678,807	80,647	759,454
	Current assets/(liabilities)	227,034	(24,173)	202,861	274,297	(40,135)	234,162
	Long term liabilities	(196,587)		(196,587)	(206,648)		(206,648)
		800,839	52,580	853,419	746,456	40,512	786,968

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									2022	2021
									6	6
	Within one year								108,391	102,305
20	Related party transactions
	There were no disclosable			related		party	transactions	during the year (2021 - none).
21	Analysis ofchanges		in net		funds
								At 1 April 2021	Cash flowsAt 31 March 2022
								6	6
	Cash at bank and	in hand						292,131	12,102	304,233
	Bank overdrafts							(70)	70
								292,061	12,172	304,233
	Loans falling due	within	one		year			(8,500)		(8,500)
	Loans falling due	after	more		than one year			(206,648)	10,061	(196,587)
								76,913	22,233	99,146
22	Cash generated	from	operations						2022	2021
									6	8
	Surplus for the year								66,451	125,893
	Adjustments for:
	Interest received								(22)	(46)
	Interest on loan								8,282	8,494
	Depreciation and	impairment			oftangible		fixed assets		32,769	31,989
	Movements in working		capital:
	(Increase) in debtors								(10,741)	(4,716)
	Increase in creditors								54,214	23,915
	Cash generated	from	operations						150,953	185,529