# |Operating|Name|Name||New Roots|Housing|Project|| |---|---|---|---|---|---|---|---| |Company|number|||02814950|||| |Charity number||||1045334|||| |Registered|office|||2 Overend|Road||| |||||Worksop|||| |||||Nottinghamshire|||| |||||880 1QP|||| |Chair||||Stuart West|||| |Management||Committee|IDirectors And Trustees)|J Griiiiths|||| |||||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|||| |||||69Bridge Street|||| |||||Worksop|||| |||||S80 1DJ|||| ## |||Page| |---|---|---| |Trustees report||1-10| |Statement ofTrustees|responsibilities|| |Independent
auditor's|report|12-15| |Statement offinancial|activities|16-17| |Balance sheet||18| |Statement ofcash flows||19| |Notes to the financial|statements|20-29| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds||| ||||2023|2023|2023|2022| |||Notes|8|8|8|8| |Income from:||||||| |Charitable
activities
Other trading
activities||3|1,821,515
25,616|43,000|1,864,515
25,616|1,133,572
3,522| |Total income|||1,847,131|43,000|1,890,131|1,137,094| |~E*
Chl||||||| |Raising funds||4|32,848||32,848|17,000| |Charitable
activities||5|1,538,583|32,621|1,571,204|1,053,643| |Total resources expended|||1,571,431|32,621|1,604,052|1,070,643| |Net incoming|resources before transfers||275,700|10,379|286,079|66,451| |Gross transfers|between funds||1,292|(1,292)||| |Net income for the yearl||||||| |Net movement|in funds||276,992|9,087|286,079|66,451| |Fund balances|at 1 April 2022||800,839|52,580|853,419|786,968| |Fund balances at 31March 2023|||1,077,831|61,667|1,139,498|853,419| ## |Prior financial year|Prior financial year|||Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| |||||funds|funds|| |||||2022|2022|2022| ||||Notes|8|6|F| |Income from:||||||| |Charitable
activities|||3|1,089,572|44,000|1,133,572| |Other trading
activities||||3,522||3,522| |Total income||||1,093,094|44,000|1,137,094| |~Ex
fitlII~on:||||||| |Raising funds|||4|17,000||17,000| |Charitable
activities|||5|1,021,859|31,784|1,053,643| |Total resources|expended|||1,038,859|31,784|1,070,643| |Net incoming
resources||before transfers||54,235|12,216|66,451| |Gross transfers|between|funds||148|(148)|| |Net income for
Net movement|the yeari
in funds|||54,383|12,068|66,451| |Fund balances at 1 April 2021||||746,456|40,512|786,968| |Fund balances|at 31 March 2022|||800,839|52,580|853,419| ## ## ||||2023|2022|| |---|---|---|---|---|---| |||Notes|8|6|| |Fixed assets|||||| |Tangible assets
Current assets||10|983,501||847,145| |Debtors|||460,217|32,130|| |Cash at bank and in|hand||164,988|304,233|| ||||625,205|336,363|| |Creditors: amounts|falling due within||||| |one year||13|(281,863)|(133,502)|| |Net current assets|||343,342||202,861| |Total assets less current liabilities|||1,326,843||1,050,006| |Creditors: amounts|falling due after||||| |more than one year||14|(187,345)||(196,587)| |Net assets|||1,139,498||853,419| |Income funds|||||| |Restricted funds||16|61,667||52,580| |Unrestricted
funds|||1,077,831||800,839| ||||1,139,498||853,419| ## ## ||||2023||2022|| |---|---|---|---|---|---|---| |||Notes|5||8|| |Cash flows from operating
activities
Cash generated
from operations||21||55,244||150,953| |Investing
activities
Purchase
oftangible
fixed assets|||(174,039)||(120,461)|| |Interest received|||530||22|| |Net cash used in investing|activities|||(173,509)||(120,439)| |Financing activities
Repayment
ofbank loans|||(9,242)||(10,061)|| |Interest and finanung
costs|||(11,738)||(8,282)|| |Net cash used in financing|activities|||(20,980)||(18,343)| |Net (decrease)/increase
in
equivalents|cash and cash|||(139,245)||12,172| |Cash and cash equivalents|at beginning|ofyear||304,233||292,061| |Cash and cash equivalents|at end ofyear|||164,988||304,233| |Relating to:
Cash at bank and in hand||||164,988||304,233| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| ||||||||5|5| |Grants
Rents and||Young|Persons Supported||Accommodation|Services income|43,000|44,000| |receivable|||||||1,821,515|1,089,572| ||||||||1,864,515|1,133,572| |Analysis|by fund|||||||| |Unrestricted
Restricted||funds
funds|||||1,821,515
43,000|1,089,572
44,000| ||||||||1,864,515|1,133,572| |Raising funds||||||||| ||||||||2023|2022| ||||||||5|| |Fundraisin||and|u|li||||| |Consultancy||fees|||||32,848|17,000| ||||||||32,848|17,000| ## ## ## |Charitable
activities||||| |---|---|---|---|---| ||||2023|2022| ||||8|5| |Staffcosts|||727,810|599,044| |Training costs
Staff travel costs|||7,568
9,669|8,539
9,584| |Insurance|||11,614|8,243| |Move-on
units rents|||133,687|111,380| |Repairs and renewals
Council tax and water|rates||87,244
9,268|136,319
12,015| |Light and heat
Advertising,
printing,
Telephone
Cleaning
Motor expenses
Equipment
rental
Bad debts written olf|postage|and stationery|38,277
10,488
25,550
11,822
155
5,386
50,641|21,420
10,086
12,077
7,923
245
1,778
(9,250)| |Professional fees|||6,935|9,934| |Bank charges
Loan interest|||472
11,738|426
8,282| |Volunteer expenses
Activities and projects
Sundry expenses
Depreciation
offixed assets
IT software and consumables|||4,068
23,509
37,683
21,737|1,782
7,740
10,495
32,769
9,936| |Recruitment
costs|||14,127|| |Security costs
NCHA fees|||4,140
268,064|| ||||1,521,652|1,010,767| |Share ofgovernance|costs (see note 7)||49,552|42,876| ||||1,571,204|1,053,643| |Analysis
by fund
Unrestricted
funds|||1,538,583|| |Restricted funds|||32,621|| ||||1,571,204|| |Forthe year ended
Unrestricted
funds|31 March 2022|||1,021,859| |Restricted funds||||31,784| |||||1,053,643| ## ## ## |Governance costs||| |---|---|---| ||2023
f|2022f| |Staffcosts
Audit and accountancy fees|35,831
13,721|32,310
10,566| |Governance|49,552|42,876| ## ## |The average
monthly
number
ofemployees
during t|he year was:|| |---|---|---| ||2023|2022| ||Number|Number| ||28|19| |Employment
costs|2023f|2022
f| |Wages and salaries
Social security costs
Other pension costs|660,145
47,234
56,262|553,720
30,131
47,503| ||763,641|631,354| ## ## ## |Taxation||||||| |---|---|---|---|---|---|---| |The charity is exempt
252 ofthe Taxation of|from tax on
Chargeable|income and gains falling within
section 505ofthe Taxes Act 1988
Gains Act 1992to the extent that these are applied to its charitable||||or section
objects.| |Tangible fixed assets||Freehold
land|Plant and|Fixtures and|Computers|Total| |||and buildings|equipment|linings||| |||8|8|8||| |Cost||||||| |At 1 April 2022
Additions||973,981
98,180|87,787
39,696|73,042
6,450|14,756
29,713|1,149,566
174,039| |At 31 March 2023||1,072,161|127,483|79,492|44,469|1,323,605| |Depreciation
and impairment
At 1April 2022
Depreciation
charged
in the year||161,837
18,151|71,203
8,174|55,162
6,977|14,219
4,381|302,421
37,683| |At 31 March 2023||179,988|79,377|62,139|18,600|340,104| |Carrying
amount
At 31 March 2023||892,173|48,106|17,353|25,869|983,501| |At 31 March 2022||812,143|16,584|17,881|537|847,145| ## ## ## |||||2023|2022| |---|---|---|---|---|---| ||||||8| ||Bank loans|||195,845|205,087| ||Payable within one year|||8,500|8,500| ||Payable after one year|||187,345|196,587| ||The bank loan, is secured by way ofa first legal charge over 2 and 4 Overend||Road.||| |13|Creditors: amounts|falling due within one year|||| |||||2023|2022| |||||8|8| ||Bank loans|12||8,500|8,500| ||Other taxation and social security|||15,233|18,551| ||Trade creditors|||244,067|95,510| ||Accruats and deferred income|||14,063|10,941| |||||281,863|133,502| |14|Creditors: amounts|falling due after more than one year|||| |||||2023|2022| |||Notes||K|8| ||Bankloans|12||187,345|196,587| ## ## ## |Analysis ofnet assets|between funds|||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||funds|funds||funds|funds|| ||2023|2023|2023|2022|2022|2022| ||5|8|8|8|8|| |Fund balances at 31||||||| |March 2023are||||||| |represented
by:||||||| |Tangible assets|910,591|72,910|983,501|770,392|76,753|847,145| |Current assets/(liabilities)|354,585|(11,243)|343,342|227,034|(24,173)|202,861| |Long term liabilities|(187,345)|-|(187,345)|(196,587)|-|(196,587)| ||1,077,831|61,667|1,139,498|800,839|52,580|853,419| ## |Total future
minimum
lease payments
under non-cancella|ble
other operating
leases are as follows:|| |---|---|---| ||2023|2022| ||8|8| |Within one year
Between two and five years|52,593
157,778|108,391| ||210,371|108,391| ## ## |Analysis ofchanges
in net debt||||| |---|---|---|---|---| ||At|1April 2022|Cash ncwsAt St March 202$|| |||8|f|8| |Cash at bank and in hand||304,233|(139,245)|164,988| |I oans falling due within one year
Loans falling due after more than one year||(8,500)
(198,587)|9,242|(8,500)
(187,345)| |||99,146|(130,003)|(30,857)| ## |21|Cash generated
from|operations||2023
8|2022
8| |---|---|---|---|---|---| ||Surplus for the year|||286,079|66,451| ||Adjustments
for:
Interest received|||(530)|(22)| ||Interest on loan|||11,738|8,282| ||Depreciation
and impairment
oftangible||fixed assets|37,683|32,769| ||Movements
in working
(Increase)
in debtors
Increase
in creditors|capital:||(428,087)
148,361|(10,741)
54,214| ||Cash generated
from|operations||55,244|150,953|