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2023-03-31-accounts

Auditors Bankers Solicitors
Cansdales Audit LLP Unity Trust Bank Pic Blake Morgan
St Mary's Court, Nine Brindleyplace Seacourt Tower
The Broadway, Birmingham West Way
Old Amersham B12HB Oxford
HP7 OUT OX2 OFB

2023 2023 2023 2023 2022
Unrestricted Funds Restricted Total Total
Designated General Funds Funds Funds
Note F
Incoming
resources from:
Charitable
activities		 3,645,472 186,720 3,832,192 3,939,526
Other Incoming Resources 40,968 40,968 113,019
Investmentincome 217,944 217,944 189,025
Total Income 3,904,383 186,720 4,091,104 4,241,569
Expenditure
on:
Cost of raising funds 230,075 230,075 227,059
Charitable
activities:		 -10,064 3,571,020 201,797 3,762,753 3,686,291
Governance 82,929 82,929 83,876
Total resources expended 4 -10,064 3,884,024 201,797 4,075,757 3,997,226
Net income/(expenditure) for the year 10,064 20,359 (15,077) 15,346 244,343
Gross transfers
between		 funds 15,16 656,592 673,446 16,854
666,656 (653,087) 1,777 15,346 244,343
Net Gain/Loss
on Investments		 15 39,835 39,835 66,178
Net movement
in funds		 for the year 626,821 (653,086) 1,774 (24,489) 178,165
Total Funds brought
forward		 3,965,003 1,491,239 49,858 5,506,100 5,327,934
Fund balances at 31st March 2023 4,591,824 838,153 51,635 5,481,611 5,506,100
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Balance Sheet
As at 31 March 2023
2023 2023 2022 2022
Notes
FIXEDASSETS
Tangible assets 135,926 139,270
Investment
Property		 10 2,900,000 2,900,000
3,035,926 3,039,270
CURRENT ASSETS
Debtors 8 Prepayments 649,921 844,207
Investments 12 958,117 497,952
Cash at bank and in hand 1,101,022 1,399,947
2,709,060 2,742,106
CREDITORS:
Due within one year 13 263,375 275,276
NET CURRENT ASSETS 2,445,685 2,466,830
TOTAL ASSETS LESSCURRENT
LIABILITIES 5,481,611 5,506,100
FUNDS
Restricted Funds
General Funds
Unrestricted
- Designated		 Funds 15 4,591,824 3,965,003
Unrestricted
—General		 Funds 838,152 5,429,976 1,491,239 5,456,242
Restricted
Funds		 16 51,635 49,858
5,481,611 5,506,100
These financial statements were approved by the trustees on .. ..and are signed on their behalf by:
Decusigned by:
5DC24TE1CSI64E2:.:'''''''''''''''''''' " I=BD2CbTFV4C246B.:.
' '
Francis Chiwariro Nick Grinham
Treasurer Chair

2023 2022
f f
Note
Cash used
in operating		 activities 18 (16,868) (308,154)
Cash flows from investing activities
Interest income 43,145 24,025
Rental income 174,798 165,000
Sale of Fixed Asset
Purchase of investments (500,000)
Purchase oftangible
fixed assets
Cash provided
by/used		 by investing activities 282,056 189,025
Increase/(Decrease)
in		 cash for the year (298,924) 78,204
Cash and Cash equivalent at the beginning ofthe year 1,399,947 1,519,0751
Cash and Cash equivalent at the end ofthe year 1,101,022 1,399,947

cost in or der to write offeach ass et less its re
Computing Equipment 33%
Furniture fixture and fittings 25%
Property 2%

Analysis o f Income
2023 2022
Unrestricted Restricted
Funds Funds
Provision of Support Services 3,645,471 186,720 3,832,192 3,939,526
Total grant &contract income 3,645,471 231,587 3,832,192 3,939,526
Other income 40,968 40,968 113,019
40,968 40,968 113,019
Investment Lother income
2023 2022
Rental Income 174,798 165,000
Interest Income 43,145 24,025
217,944 189,025

2023 2022
Unrestricted Restricted
Funds Funds Total Total
Deferred income as at 1stApril
2022 135,710 135,710 143,235
Released in Year:
Supporting People Grant received in
advance 135,710 135,710 143,235
Deferred in Year:
Supporting People Grant received in
advance 67,688 51,635 119,323 135,710
Deferred Income as at 31st March
2023 67,688 51,635 119,323 135,710

Salaries
Depreciation		 Property Property Other Total Total
&Staff Costs
Costs		 Costs Costs 2023 2022
f
Cost ofgenerating Funds
Support Costs 197,988 167 2,808 29,112 230,075 227,059
Total Cost of Generating Funds 197,988 167 2,808 29,112 230,075 227,059
Charitable
Expenditure
Operation
of KeyRing		 Networks 2,622,561 89,188 176,541 2,888,290 2,767,256
Support Costs 509,651 2,843 24,001 337,968 874,463 919,034
3,132,212 2,843 113,189 514,509 3,762,753 3,686,290
Governance
Costs:
Auditors costs for audit services 12,610 12,610 10,737
Support Costs 29,979 334 1,398 38,608 70,319 73,139
Total Governance Cost 29,979 334 1,398 51,218 82,929 83,876
Total 3,360,179 3,344 117,395 594,839 3,997,226 3,997,226

5.Anal ysis ofst aff costs, and the cost of key management
personnel
2023 2022
Salaries and Wages 2,945,649 2,858,614
National Insurance costs 244,781 221,834
Pension Costs 88,223 94,396
3,278,653 3,174,844
Temporary
agency		 staff cost 81,527 56,138
Total 3,360,180 3,230,982
2023 2022
f70,001 - f80,000 1 1

2023 2022
Number Number
Provision of support services 104 106
Administrative staff 15 14
119 120

Freehold Long Furniture, Computer
land 8 Leaseholdand Fixtures 8 Equipme
Buildings buildings Fittings nt Total
Cost
As at 1 April 2022 167,212 167,212
Additions
Disposals
As at 31st Mar 2023 167,212 167,212
Depreciation
As at 1 April 2022 27,942 29,942
Additions/charge for year 3,344 3,344
Disposals
As at 31st Mar 2023 31,286 27,742
Net Book Value
As at 31st Mar 2023 135,926 135,926
As at 31st Mar 2022 139,270 139,270

Fair Value as at 1st April 2022 2,900,000
Fair value adjustment
Fai Value as at31"Mar 2023 2,900,000

1Debtors f alling due within one year
2023 2022
Trade Debtors 218,486 594,100
Other Debtors 2,153 7,049
Prepayments and accrued income 429,282 243,058
649,921 844,207

2023 2022
Opening
Balance at 1st Apr 2021		 497,952 464,130
Less Disposal at carrying value
497,952 464,130
Add
Acquisition at cost 500,000
Unrealised net gains/(loss) at 31st Mar 2023 39,835 33,822
958,117 497,952

3Creditors: amount
falling due within one ye		 ar
2023 2022
Trade Creditors (7,521) 15,969
Other Creditors and accruals 93,151 56,451
Deposit on Corsham St Office 41,250 41,250
Pension Costs 17,583 20,301
Deferred Income 119,323 135,710
Taxation and social security costs 411 2,595
Closing balance at31"Mar 23 263,375 275,276

2023 2023 2022
Land 8
Building Other
Within one year 6,122 7,324
More than one year
6,122 7,324

5Analysis of move ments
in desi		 gnated
fund		 s
Opening Resources Resources Interfund Gain/ Closing
Balance Arising Utilised Transfers (Loss) Balance
01/04/2022 31/03/2023
IT Equipment 8
Accounting Software 37,780 150,000 187,780
Pension
Fund		 20,000 20,000 40,000
Employment Project 70,000 70,000
Innovation Funds 300,000 13,408 (13,408) 300,000
Current Asset
Investment 497,953 500,000 (39,835) 958,118
Investment Property 2,900,000 2,900,000
Fixed Assets 139,270 3,344 135,926
3,965,003 10,064 656,592 39,835 4,591,824

Opening
RESTRICTED Balance Incoming Outgoing Interfund Closing Bal
FUNDS 01/04/22 Resources Resources Transfers 31/03/23
Help from Hospital 29,310 29,310
Barrow Cadbury 6,750 9,000 15,750
Working
for
Justice 3,602 10,561 9,164 5,000
Ancora Project 14,136 100,838 96,364 25,026 43,636
Oldham
Advice
Network 18,646 11,719 22,193 (8,172)
Ancora H'sehold
Support 6,724 10,000 3,276 6,724
49,858 186,720 201,797 16,854 51,635

Designated General Restricted Total Total
Fund Fund Fund 2023 2022
Fixed Assets 135,926 135,926 139,270
Investment 2,900,000 0 2,900,000 2,900,000
Current Assets 1,555,898 1,101,527 51,635 2,709,060 2,742,105
Current Liabilities 263,375 0 263,375 275,276
4,591,824 838,153 51,635 5,481,611 5,506,100

2022 2021
Net movement
in funds		 15,347 244,343
Add back depreciation charge 3,344 3,344
Investment
income		 (217,944) (189,025)
(increase)/decrease in debtors (194,286) (270,352)
Increase/(decrease) in creditors 11,901 96,464
Net cash provided by (used in) operating activities 16,868 308,154

Dwusign Envelope ID". 426B33A￿986E483F-952￿47lQCC8A518C KeyRing 4iving Support Networ Year Ended 31" March 2023 36