**REGISTERED COMPANY NUMBER: 03177916 (England and Wales) REGISTERED CHARITY NUMBER: 1055109** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **FOR** ## **BEACON HOUSE MINISTRIES** Baker Chapman & Bussey Chartered Accountants 3 North Hill Colchester Essex CO1 1DZ **BEACON HOUSE MINISTRIES** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**|7|to|8| |**Notes to the Financial Statements**|9|to|17| |**Detailed Statement of Financial Activities**|18|to|19| **BEACON HOUSE MINISTRIES** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** As per the Memorandum and Articles of Association, the Objects for which the Company was established are: 'The relief of poverty and sickness amongst people who are homeless, or have no permanent accommodation, by the provision, according to Christian principles and faith, of healthcare, counselling and other support services'. The work at Beacon House started in August 1996 and a team of paid and volunteer workers carry out the functions of the Charity. All staff are committed to the principles of the Christian faith in accordance with the Charity policy. At the end of the year there were 14 employed staff and 18 regular volunteers working at Beacon House. The work was also supported by student placements from Colchester Institute and Essex, Suffolk, and Anglia Ruskin Universities. The Day Centre and Primary Health Centre are conveniently located on Crouch Street and offer a very wide range of services, tailored to each individual. Healthcare services include two drop-in clinics, vaccinations, nurse consultations, sexual health services, cervical screening and needle exchange. Welfare services include breakfast and hot lunch, tea and coffee throughout the day, a barber, foot care, postal services, a computer suite, showers, laundry facilities, recycled clothing and help with alcoholism and smoking cessation. Through our association with the Essex Law Clinic we are also able to offer our Guests a degree of legal guidance. Given that our aim is to walk with and empower our Guests on the journey towards self-fulfilled and independent lives, through our Occupational Therapy team (two qualified OT's plus an OT Assistant) we provide help with their personal development which includes life skill training and occupational therapy (both internal and external activities). Full health and wellbeing assessments are also provided using the nationally recognised Outcomes Star programme and this enables our Guests to move forward into healthier and more stable lives. Beacon House also works very closely with a number of other organisations including Colchester Emergency Night Shelter, Emmaus, NACRO, Sanctuary Housing, Essex Law Clinic, Colchester Food Bank, Phoenix Futures, Alcoholics Anonymous, Colchester Borough Homes, Open Door, Open Road, STaRS and Job CentrePlus. We also interact, as appropriate, with the Police and Probation Service, with whom we enjoy a very good working relationship. By utilising our own properties, and those we manage on behalf of the Colin Bennett Housing Trust, we provide 'Move-on' accommodation for a significant number of people. ## **Public benefit** The directors have regard to the public benefit general guidance issued by the Charity Commission. They believe that the description of the Company's activities in this annual report evidences that those activities carry out the Company's objects for the public benefit. Page 1 **BEACON HOUSE MINISTRIES** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** Developments in the Current Year Given that Covid dominated virtually everything we did in 2020/2021, it is pleasing to report that although Covid continued to impact us throughout 2021/2022, that impact was significantly less than in the previous year. By and large, we were able to carry on as normal, other than the times when staff absences due to Covid made it either unsafe or impractical to operate some of our services. Having carefully reviewed, and amended, our staffing structure last year, this year was one of consolidation. Unfortunately, one of nurses retired at the end of the year and with her went many, many years of experience working with our homeless cohort. Replacing her with someone suitable has proved more difficult than anticipated but as I write this introduction to the accounts, I am pleased to say we now have a new nurse in place. We continue engage the services of a locum GP (1 or 2 hours per week), to support the nurses and also to provide general guidance on medical matters. Because we constantly strive to improve the ministry and services provided by Beacon House, we continually re-evaluate what we do, and how we do it, in order to ensure the services we offer are relevant to the need as it presents itself at any given time. Statistics for the year ending March 2022 |Statistics for the year ending March 2022||| |---|---|---| ||Number|Percentage| |Total number of people accessing services|447|| |New registrations during the year|174|39%| |Males|372|83%| |Females|75|17%| |16 - 18 years|0|0%| |19 - 25 years|42|9%| |26 - 40 years|204|46%| |41 - 60 years|188|42%| |61 years +|10|2%| |No age recorded|3|1%| |Housing Status||| |Rough Sleeping (inc. in car)|59|37%| |Night Shelter|36|21%| |Sofa Surfing|26|15%| |Recently housed|19|12%| |B & B|1|1%| |Temporary Accommodation|24|14%| |Clinical Appointments|1,547|(375 patients )| |GP Referrals|68|(50 patients )| |Number of people accessed accommodation|86|| Beacon House is by no means an island and we could not achieve all we currently do without the help of our volunteers, the partner organisations we work with and those who support us financially - individuals, churches, groups, companies and grant making bodies . I would like to record our grateful thanks to each and every one who has played their part in helping us seek to transform lives through the work of Beacon House. ## **FINANCIAL REVIEW** ## **Financial position** The financial performance of Beacon House continues to be strong. Income from grants was good during the year but, as expected, individual and group donations were depressed due to the economic situation. A surplus of £52,603 was made in the year which included £15,451 from gains on investments. Our policy is to retain free reserves equivalent to six months total operating costs. The accounts for the year ended 31st March 2022 are set out in pages 6 to 19. Page 2 **BEACON HOUSE MINISTRIES** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022** ## **FINANCIAL REVIEW** ## **Investment policy and objectives** There are no long-term investment policies due to the uncertainty of our funding income. There is an aspiration to grow income and to continue to grow our services, and this policy will continue to be reviewed. ## **FUTURE PLANS** We are in the process of reviewing how we use our own accommodation. It has been become very clear, and accepted by all parties, that there is a significant gap in Colchester for homeless people with complex needs (alcohol misuse, drug misuse, mental health) and we are looking at how we can best play our part in rectifying that situation. It is too early to say what the outcome will be but it is likely to include some kind of 24/7 supported accommodation with significant intervention from drug, alcohol and mental health professionals. In recognition of the fact that housing people is only part of the story, as well as utilising our Occupational Therapy to work with our Tenant Guests, we have recently introduced afternoon training sessions covering a number of relevant topics, e.g. budgeting, cooking and managing a tenancy. As planned, we have increased our medical team to cope with the increasing demands being made on our services - and to provide a wider range of medical services than we have done in the past. Going forward, we will continue to review the need and, where necessary, adapt, our services to meet that changing need and again, where necessary, we will introduce new services where appropriate. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Beacon House is a registered charity and is a company limited by guarantee. As set out in our Memorandum and Articles of Association the Company is managed by its Directors, who determine its functions and policy and act as charity Trustees. Management and direction of routine operations, external relations and income generation is undertaken by the Chief Executive Officer, Steve Brown. The trustees regularly review the skills, aptitudes and experiences that are required to ensure there is good governance. When vacancies occur, or skill gaps are identified the trustees approach individuals from the community who are known to meet the necessary criteria. There is an application and assessment process, after which new trustees are invited to join the board. The trustees meet bi-monthly with the CEO to manage the strategic and operational aspects of the charity. Sub-committees, who report back to the main board, are formed where more in depth consideration of specific subjects is required. Trustees are required to visit the charity regularly in order to maintain strong and meaningful relationships with team members. ## **RISK MANAGEMENT** The directors regularly review the major risks which the Charity faces and confirm that systems are in place to mitigate such risks, supported by regular reporting. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 03177916 (England and Wales) ## **Registered Charity number** 1055109 ## **Registered office** 36 Lexden Road Colchester Essex CO3 3RF Page 3 **BEACON HOUSE MINISTRIES** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022** ## **Trustees** C N Bennett Secretary A J Higginson Treasurer (resigned 12.5.22) F J Sheppard Chair R A Spencer Dr D P Watts R A Crayston C M Cussell B J Roberts J Lambert (appointed 5.9.22) **Company Secretary** C N Bennett ## **Independent Examiner** Baker Chapman & Bussey Chartered Accountants 3 North Hill Colchester Essex CO1 1DZ Approved by order of the board of trustees on 14 September 2022 and signed on its behalf by: F J Sheppard - Trustee Page 4 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEACON HOUSE MINISTRIES** ## **Independent examiner's report to the trustees of Beacon House Ministries ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACA which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: - comply with the accounting requirements of section 396 of the - the accounts give a true and fair view which is not a matter not been prepared in accordance with the methods and for accounting and reporting by charities (applicable to - with the Financial Reporting Standard applicable in the UK and - come across no other matters in connection with the examination 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Jacqueline Frost ACA Baker Chapman & Bussey Chartered Accountants 3 North Hill Colchester Essex CO1 1DZ Date: ............................................. Page 5 **BEACON HOUSE MINISTRIES** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022** |**31.3.22**
Unrestricted
Restricted
**Total**
fund
funds
**funds**
Notes
£
£
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**117,064**
**3,356**
**120,420**
**Charitable activities**
Healthcare Services
**-**
**116,321**
**116,321**
Welfare Services
**-**
**57,604**
**57,604**
Housing Services
**50,492**
**58,713**
**109,205**
Development Services
**-**
**63,934**
**63,934**
Other trading activities
3
**1,348**
**-**
**1,348**
Investment income
4
**5,370**
**-**
**5,370**
**Total**
**174,274**
**299,928**
**474,202**
**EXPENDITURE ON**
**Charitable activities**
6
Healthcare Services
**-**
**117,781**
**117,781**
Welfare Services
**42,916**
**62,420**
**105,336**
Housing Services
**45,061**
**60,173**
**105,234**
Development Services
**36,404**
**65,394**
**101,798**
Support costs
**-**
**-**
**-**
Other
**6,901**
**-**
**6,901**
**Total**
**131,282**
**305,768**
**437,050**
Net gains on investments
**15,451**
**-**
**15,451**
**NET INCOME/(EXPENDITURE)**
**58,443**
**(5,840)**
**52,603**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**501,434**
**397,602**
**899,036**
**TOTAL FUNDS CARRIED FORWARD**
**559,877**
**391,762**
**951,639**|31.3.21
Total
funds
£
223,792
80,205
49,612
99,460
50,578
328
5,297| |---|---| ||509,272| ||106,151
102,816
91,024
100,929
-
7,855| ||408,775| ||30,236| ||130,733
768,303| ||899,036| The notes form part of these financial statements Page 6 **BEACON HOUSE MINISTRIES** ## **BALANCE SHEET 31 MARCH 2022** |Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Investments
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
**236,718**
**19,107**
**-**
**328,877**
**347,984**
**(24,825)**
**323,159**
**559,877**
**559,877**|Restricted
funds
£
**391,762**
**-**
**193,688**
**38,031**
**231,719**
**(231,719)**
**-**
**391,762**
**391,762**|**31.3.22**
**Total**
**funds**
**£**
**628,480**
**19,107**
**193,688**
**366,908**
**579,703**
**(256,544)**
**323,159**
**951,639**
**951,639**
**559,877**
**391,762**
**951,639**|31.3.21
Total
funds
£
636,494
19,816
178,237
286,356
484,409
(221,867)
262,542
899,036
899,036
501,434
397,602
899,036| |---|---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 7 **BEACON HOUSE MINISTRIES** ## **BALANCE SHEET - continued 31 MARCH 2022** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 14 September 2022 and were signed on its behalf by: F J Sheppard - Trustee J Lambert - Trustee The notes form part of these financial statements Page 8 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of Investments, which are valued at market value. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants and donations and is included in full when receivable. Gift Aid recoveries on donations from individuals are recognised in the same period as the donation. Unrestricted grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Restricted grants are recognised on receipt except to the extent where the grant is time related to the delivery of a service in a future period it is carried forward as deferred income. Government grants received in connection with the Covid-19 pandemic to cover furloughed employees (Coronavirus Job Retention Scheme) are recognised in donations under the normal recognition criteria. Donated goods are included at the value to the charity where this can be quantified, and relates to food etc donated from supermarkets. The value of services provided by volunteers has not been included in these financial statements. Investment income is included when receivable. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure includes non-recoverable VAT, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charitable company; this includes the preparation and examination of this annual report and financial statements, and costs linked to the strategic management of the charity. Support costs are allocated to charitable activities based on floor space and estimated resources used. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not provided Leasehold property - Period of lease Plant and machinery - 20% on cost Computer equipment - Straight line over 3 years Page 9 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **1. ACCOUNTING POLICIES - continued** ## **Tangible fixed assets** Freehold property consists of residential properties that have been converted by the charity from commercial use and are included at valuation at the time of the conversion. Depreciation is not provided on the freehold buildings as they are required to be maintained to a high standard, resulting in a residual value which would make any depreciation charges immaterial. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. The pension cost is allocated between activities and between restricted and unrestricted funds based on the analysis of the employee cost to which it relates. ## **Investments** Investments are treated as current asset investments where they are held in readily accessible funds. Listed investments are stated at market value less provision for any permanent diminution in value.The market value of listed investments is based on the closing middle market price on the London Stock Exchange.The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year. ## **2. DONATIONS AND LEGACIES** ## **3.** |Donations
Donated Goods
Coronavirus Furlough Grants
**OTHER TRADING ACTIVITIES**
Sundry Sales|**31.3.22**
**£**
**107,709**
**12,000**
**711**
**120,420**
**31.3.22**
**£**
**1,348**|31.3.21
£
200,098
12,000
11,694| |---|---|---| |||223,792| |||31.3.21
£
328| Page 10 **BEACON HOUSE MINISTRIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **4. INVESTMENT INCOME** |**INVESTMENT INCOME**||||||||| |---|---|---|---|---|---|---|---|---| ||||||||**31.3.22**|31.3.21| ||||||||**£**|£| |Interest Received|||||||**49**|81| |Dividends|||||||**5,321**|5,216| ||||||||**5,370**|5,297| |**INCOME FROM CHARITABLE**|**ACTIVITIES**|||||||| ||||||||**31.3.22**|31.3.21| ||Activity||||||**£**|£| |Grants|Healthcare Services||||||**116,321**|80,205| |Grants|Welfare Services||||||**57,604**|49,612| |Housing Income|Housing Services||||||**50,492**|43,212| |Grants|Housing Services||||||**58,713**|56,248| |Grants|Development Services||||||**63,934**|50,578| ||||||||**347,064**|279,855| |**CHARITABLE ACTIVITIES COSTS**||||||||| ||||||||Support|| ||||||Direct||costs (see|| ||||||Costs||note 7)|Totals| ||||||£||£|£| |Healthcare Services|||||**96,148**||**21,633**|**117,781**| |Welfare Services|||||**85,073**||**20,263**|**105,336**| |Housing Services|||||**85,313**||**19,921**|**105,234**| |Development Services|||||**81,877**||**19,921**|**101,798**| ||||||**348,411**||**81,738**|**430,149**| |**SUPPORT COSTS**||||||||| ||||||Office||Governance|| ||Premises||Depreciation||Administration||costs|Totals| |||£|£||£||£|£| |Other resources expended||**-**||**-**||**-**|**6,901**|**6,901**| |Healthcare Services|**12,671**||**1,917**||**7,045**||**-**|**21,633**| |Welfare Services|**12,670**||**2,261**||**5,332**||**-**|**20,263**| |Housing Services|**12,670**||**1,918**||**5,333**||**-**|**19,921**| |Development Services|**12,670**||**1,918**||**5,333**||**-**|**19,921**| ||**50,681**||**8,014**||**23,043**||**6,901**|**88,639**| |**NET INCOME/(EXPENDITURE)**||||||||| |Net income/(expenditure) is stated after||charging/(crediting):||||||| ||||||||**31.3.22**|31.3.21| ||||||||**£**|£| |Depreciation - owned assets|||||||**8,014**|7,909| |Other operating leases|||||||**30,933**|36,840| |Independent Examiners remuneration -||examination of the accounts|||||**1,569**|1,704| ## **5. INCOME FROM CHARITABLE ACTIVITIES** ## **6. CHARITABLE ACTIVITIES COSTS** ## **7. SUPPORT COSTS** ## **8. NET INCOME/(EXPENDITURE)** Page 11 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **10. STAFF COSTS** |Wages and salaries
Social security costs
Other pension costs|**31.3.22**
**£**
**275,971**
**15,163**
**12,255**
**303,389**|31.3.21
£
236,083
12,112
10,665| |---|---|---| |||258,860| The average monthly number of employees during the year was as follows: |Healthcare Services
Welfare Services
Housing Services
Development Services|**31.3.22**

**4**
**4**
**4**
**3**
**15**|31.3.21
3
4
4
3| |---|---|---| |||14| The full time equivalent number of employees was 9 (2021 - 8). No employees received emoluments in excess of £60,000. As required by FRS102, the trustees consider that the charity has 3 (2021: 3) key management personnel, the combined remuneration being £109,436 (2021: £93,793) ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
223,792
**Charitable activities**
Healthcare Services
-
Welfare Services
-
Housing Services
43,212
Development Services
-
Other trading activities
328
Investment income
5,297
**Total**
272,629
**EXPENDITURE ON**
**Charitable activities**
Healthcare Services
24,486
Welfare Services
51,745
Housing Services
33,316
Development Services
48,892
Support costs
-|Restricted
funds
£
-
80,205
49,612
56,248
50,578
-
-
236,643
81,665
51,071
57,708
52,037
-|Total
funds
£
223,792
80,205
49,612
99,460
50,578
328
5,297| |---|---|---| |||509,272| |||106,151
102,816
91,024
100,929
-| Page 12 **BEACON HOUSE MINISTRIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** |**11.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Restricted||Total| |||||||fund|funds||funds| |||||||£|£||£| ||Other|||||7,855||-|7,855| ||**Total**|||||166,294|242,481||408,775| ||Net gains on investments|||||30,236||-|30,236| ||**NET INCOME/(EXPENDITURE)**|||||136,571|(5,838)||130,733| ||**RECONCILIATION OF FUNDS**||||||||| ||**Total funds brought forward**|||||364,863|403,440||768,303| ||**TOTAL FUNDS CARRIED FORWARD**|||||501,434|397,602||899,036| |**12.**|**TANGIBLE FIXED ASSETS**||||||||| |||Freehold|||Leasehold|Plant and|Computer||| |||property|||property|machinery|equipment||Totals| ||||£||£|£|£||£| ||**COST**||||||||| ||At 1 April 2021 and||||||||| ||31 March 2022|**542,500**|||**112,632**|**1,717**|**3,767**||**660,616**| ||**DEPRECIATION**||||||||| ||At 1 April 2021|||**-**|**19,325**|**1,030**|**3,767**||**24,122**| ||Charge for year|||**-**|**7,670**|**344**|**-**||**8,014**| ||At 31 March 2022|||**-**|**26,995**|**1,374**|**3,767**||**32,136**| ||**NET BOOK VALUE**||||||||| ||At 31 March 2022|**542,500**|||**85,637**|**343**|**-**||**628,480**| ||At 31 March 2021|542,500|||93,307|687|-||636,494| ||The Freehold property was valued|on|14|January 2019 and this value has been used. The Charity|||||owns 70%| ||the Freehold property with the remaining 30% held by The Colin Bennett Charitable Trust for the|||||||Homeless.|| |**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||||| ||||||||**31.3.22**||31.3.21| ||||||||**£**||£| ||Trade debtors||||||**2,424**||1,200| ||Other debtors||||||**2,154**||9,004| ||Prepayments and accrued income||||||**14,529**||9,612| ||||||||**19,107**||19,816| The Freehold property was valued on 14 January 2019 and this value has been used. The Charity owns 70% of the Freehold property with the remaining 30% held by The Colin Bennett Charitable Trust for the Homeless. Page 13 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **14. CURRENT ASSET INVESTMENTS** |**14.**
**CURRENT ASSET INVESTMENTS**||||| |---|---|---|---|---| |Listed investments - COIF Investment Fund
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
Accrued expenses
Deferred income||**31.3.22**
**£**
**193,688**
**31.3.22**
**£**
**831**
**9,960**
**14,034**
**231,719**
**256,544**||31.3.21
£
178,237| |||||31.3.21
£
1,640
29,124
15,342
175,761| |||||221,867| The deferred income relates to grants received in advance. All of the £175,761 deferred income brought forward was recorded as income during the year ended 31st March 2022. ## **16. LEASING AGREEMENTS** Minimum lease payments under non-cancellable operating leases fall due as follows: |Within one year
Between one and five years
In more than five years|**31.3.22**
**£**
**32,000**
**128,000**
**197,333**
**357,333**|31.3.21
£
32,000
128,000
229,333| |---|---|---| |||389,333| ## **17. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
90 East Hill, Colchester
91 East Hill, Colchester
Norfolk House Leasehold Improvements
**TOTAL FUNDS**|At 1.4.21
£
**501,434**
**76,421**
**250,165**
**71,016**
**397,602**
**899,036**|Net
movement
in funds
£
**58,443**
**-**
**-**
**(5,840)**
**(5,840)**
**52,603**|At
31.3.22
£
**559,877**
**76,421**
**250,165**
**65,176**| |---|---|---|---| ||||**391,762**| ||||**951,639**| Page 14 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **17. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Norfolk House Leasehold Improvements
Big Lottery Reaching Communities
Colchester Borough Homes
Lloyds Bank Foundation
Clinical Commissioning Group
Garfield Weston
Rotary Club of Colchester
Community 360
Essex Community Foundation
Nationwide
Essex County Council
High sheriff
ECF Anglian Water for Housing and Health
Staff
Community Safety Development Fund for
Help to People Affected by Crime
All Church Trust for Digital Hub
Other
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
90 East Hill, Colchester
91 East Hill, Colchester
Norfolk House Leasehold Improvements
**TOTAL FUNDS**|Incoming
resources
£
**174,274**
**-**
**52,616**
**35,000**
**5,271**
**109,516**
**11,250**
**2,221**
**500**
**20,800**
**2,083**
**20,000**
**7,015**
**13,750**
**15,000**
**1,550**
**3,356**
**299,928**
**474,202**|Resources
expended
£
**(131,282)**
**(5,840)**
**(52,616)**
**(35,000)**
**(5,271)**
**(109,516)**
**(11,250)**
**(2,221)**
**(500)**
**(20,800)**
**(2,083)**
**(20,000)**
**(7,015)**
**(13,750)**
**(15,000)**
**(1,550)**
**(3,356)**
**(305,768)**
**(437,050)**
At 1.4.20
£
364,863
76,421
250,165
76,854
403,440
768,303|Gains and
Movement
losses
in funds
£
£
**15,451**
**58,443**
**-**
**(5,840)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(5,840)**
**15,451**
**52,603**
Net
movement
At
in funds
31.3.21
£
£
136,571
501,434
-
76,421
-
250,165
(5,838)
71,016
(5,838)
397,602
130,733
899,036| |---|---|---|---| Page 15 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **17. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Norfolk House Leasehold Improvements
Big Lottery Reaching Communities
Colchester Borough Homes
Lloyds Bank Foundation
Clinical Commissioning Group
Garfield Weston
Rotary Club of Colchester
Essex Community Foundation
Nationwide
Essex Association of Local Councils
Colchester Catalyst
Clinical Commissioning Group for Covid
Nursing
**TOTAL FUNDS**|Incoming
resources
£
272,629
-
45,326
26,000
21,008
60,137
15,000
3,333
22,275
24,996
3,752
3,000
11,816
236,643
509,272|Resources
expended
£
(166,294)
(5,838)
(45,326)
(26,000)
(21,008)
(60,137)
(15,000)
(3,333)
(22,275)
(24,996)
(3,752)
(3,000)
(11,816)
(242,481)
(408,775)|Gains and
Movement
losses
in funds
£
£
30,236
136,571
-
(5,838)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(5,838)
30,236
130,733| |---|---|---|---| ## **Property** All the £93,879 Restricted Fund grants received in the three years to 31 March 1999 for the purchase of 90 East Hill, Colchester, were spent on establishing this base for Beacon House. All the £251,375 Restricted Fund grants received in the three years to 31 March 2004 for the purchase, refurbishment and adaptation of 91 East Hill, Colchester, were spent on creating an enlarged Beacon House. A grant of £55,186 was received and spent during the year ended 31 March 2020 from the Department of Health and Social Care for the conversion of the the Freehold property at East Hill. Grants of £87,200 had been received during the year to 31 March 2019 to Improve the leased property at Norfolk House. Of this £82,406 had been spent during the year to 31 March 2019 with the remainder spent during the year ended 31 March 2020 on those improvements. The costs are being written off in line with the amortisation of the expenditure. ## **Grants** Colchester Borough Council for Welfare Services Big Lottery Reaching Communities for Occupational Therapy Colchester Borough Homes for Homeless Prevention Lloyds Bank Foundation for Specialist Staff Clinical Commissioning Group for Nursing Garfield Weston for Café Plus (Welfare Services) Rotary Club of Colchester for Welfare Services Essex Community Foundation for Welfare Services Essex County Council re Temporary Accommodation, Housing and Development Nationwide Building Society for Housing Essex Association of Local Councils for Suicide Reduction Colchester Catalyst for Clinic Equipment Clinical Commissioning Group for Covid Nursing High Sheriff for Advocacy Support Essex Community Foundation Anglian Water for Housing and Health Staff Community Safety Development Fund for Help to People Affected by Crime All Church Trust for Digital Hub Page 16 **BEACON HOUSE MINISTRIES** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022** ## **18. RELATED PARTY DISCLOSURES** Colin Bennett is a Trustee of the Charitable Company and also a Trustee of The Colin Bennett Charitable Trust for the Homeless. The Colin Bennett Charitable Trust for the Homeless own the remaining 30% of the Freehold property. The Colin Bennett Charitable Trust for the Homeless own other properties which are managed by the Charity. The Charity receives a management fee in respect of the properties managed on behalf of the Colin Bennett Charitable Trust for the Homeless. Page 17 **BEACON HOUSE MINISTRIES** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022** ||31.3.22|31.3.21| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**107,709**|200,098| |Donated Goods|**12,000**|12,000| |Coronavirus Furlough Grants|**711**|11,694| ||**120,420**|223,792| |**Other trading activities**||| |Sundry Sales|**1,348**|328| |**Investment income**||| |Interest Received|**49**|81| |Dividends|**5,321**|5,216| ||**5,370**|5,297| |**Charitable activities**||| |Housing Income|**50,492**|43,212| |Grants|**296,572**|236,643| ||**347,064**|279,855| |**Total incoming resources**|**474,202**|509,272| |**EXPENDITURE**||| |**Charitable activities**||| |Staff salaries|**270,012**|230,927| |Social security|**15,163**|12,112| |Pensions|**12,255**|10,665| |Payroll fees|**3,142**|1,475| |Clinic costs|**12,081**|8,442| |Laundry|**26**|3,370| |Miscellaneous|**515**|261| |Housing Outreach|**-**|15| |Donated Goods|**12,000**|12,000| |Café costs|**2,902**|1,543| |Bursary for client|**10,615**|2,619| |Occupational therapy|**2,359**|2,197| |Housing costs|**7,341**|3,800| ||**348,411**|289,426| |**Support costs**||| |**Premises**||| |Rent|**30,933**|36,840| |Rates and water|**340**|335| |Light and heat|**7,832**|7,017| |Building maintenance|**10,011**|25,187| |Cleaning|**594**|704| |Carried forward|**49,710**|70,083| This page does not form part of the statutory financial statements Page 18 **BEACON HOUSE MINISTRIES** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022** ||31.3.22|31.3.21| |---|---|---| ||£|£| |**Premises**||| |Brought forward|**49,710**|70,083| |Waste and miscellaneous|**971**|943| |Professional fees|**-**|840| ||**50,681**|71,866| |**Depreciation**||| |Short leasehold|**7,670**|7,566| |Plant and machinery|**344**|343| ||**8,014**|7,909| |**Office Administration**||| |Travel Expenses|**512**|44| |Volunteer Expenses|**317**|36| |Staff Training|**24**|447| |Postage and Carriage|**147**|394| |Telephone|**4,738**|4,984| |Stationery|**1,161**|1,100| |Licences|**2,183**|605| |CQC Fee|**1,712**|1,867| |IT Equipment and Consumables|**1,682**|8,041| |IT Software and Maintenance|**956**|4,040| |Photocopier costs|**1,385**|456| |Other|**1,674**|2,084| |Insurance|**4,389**|4,875| |Website|**81**|730| |Data backup|**2,082**|2,016| ||**23,043**|31,719| |**Governance costs**||| |Staff costs|**5,959**|5,156| |Accountancy and legal fees|**1,582**|2,699| |Advertising and Annual Report|**(640)**|-| ||**6,901**|7,855| |Total resources expended|**437,050**|408,775| |**Net income**|**37,152**|100,497| This page does not form part of the statutory financial statements Page 19