# # |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| |||||||(4
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Z|| ## ## ||||||||||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|