2022-03-31-accounts - 700 Club

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		Page
Report ofthe Trustees	1	to	5
Report ofthe Independent Auditors	6	to	9
Statement ofFinancial Activities	10	to	11
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	31

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				20,493	5,071	25„564	29,184
Charitable activities
Hope House				373,987		373,987	343,421
StGeorges Hall				273,829		273,829	256,931
Bridge2Home							25,000
Floating Support Projects				53,153	128,692	181,845	183,408
The Lodge				165,874	5,450	171,324	178,752
Street Outreach Project				8,750	6,000	14,750	12,500
CMF					6,000	6,000	3,000
Covid-19 Measures					21,195	21,195	89,195
Church View Apartments				233,555	53,666	287,221	307,707
Church View Apartments	Refurbishment						408,500
Housing First				2,500		2,500	7,500
Out ofTown Support				28,000		28,000	12,000
First Steps Housing Project				40,795		40,795
Investment income				87		87	90
Other income				1,418		1,418
Total				1,202,441	226,074	1,428,515	1,857,188
EXPENDITURE ON
Raising funds				917		917
Charitable activities
Hope House				355,146	540	355,686	323,763
St Georges Hall				261,533		261,533	240,846
General							6,711
Bridge2Home							27,955
Floating Support Projects				42,892	127,693	170,585	167,307
The Lodge				173,156	26,517	199,673	205,901
Healthy Lifestyle Coach					4,800	4,800	2,681
Street Outreach Project				8,750	14,536	23,286	8,943
CMF					3,695	3,695	6, 158
Covid-1 9 Measures					27,248	27,248	64,349
Church View Apartments				245,494	234,073	479,567	215,294
Church View Apartments	Refurbishment						91,503
Housing First				2,500	2,939	5,439	4,021
Out ofTown Support				21,963		21„963	11,457
First Steps Housing Project				35,617		35,617
Total				1,147,968	442,041	1,590,009	1,376,889
NET INCOME/(EXPENDITURE)				54,473	(215,967)	(161,494)	480,299

					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
RECONCILIATION	OF FUNDS
Total funds brought	forward		229,474	1,748,084	1,977,558	1,497,259
TOTAL FUNDS CARRIED FORWARD			283,947	1,532,117	1,816,064	1,977,558

	31	March 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	12	677,353	1,445,599	2,122,952	2,217,233
CURRENT ASSETS
Debtors	13	44,580	85S	45,438	64,297
Cash at bank and in hand		231,787	108,674	340,461	307,413
		276,367	109,532	385,899	371,710
CREDITORS
Amounts falling due within one year	14	(129,620)	(23,012)	(152,632)	(56,096)
NET CURRENT ASSETS		146,747	86,520	233,267	315„614
TOTAL ASSETS LESSCURRENT
LIABILITIES		824,100	1,532,119	2,356,219	2,532,847
CREDITORS
Amounts falling due after more than one year	15	(540,155)		(540,155)	(555,289)
NET ASSETS		283,945	1,532,119	1,816,064	1,977,558
FUNDS	19
Unrestricted funds				283,945	229,474
Restricted funds				1,532,119	1,74S,084
TOTAL FUNDS				1,816,064	1,977,558

			f	or the Year Ended	31March 2022
					2022	2021
				Notes
Cash flows from operating activities Cash generated from operations Interest paid					124,537 (17,956)	619,855 (17,717)
Net cash provided by operating activities					106,581	602,138
Cash flows from investing		activities
Purchase oftangible fixed	assets				(58,153)	(888,284)
Sale oftangible fixed assets					1,450
Interest received					87	90
Net cash used in investing	activities				(56,616)	(888,194)
Cash flows from financing		activities
Loan repayments in year					(16,917)	(12,507)
Net cash used in financing	activities				(16,917)	(12,507)
Change in cash and cash	equivalents		in
the reporting period					33,048	(298,563)
Cash and cash equivalents		at the
beginning ofthe reporting		period			307,413	605,976
Cash and cash equivalents		at the end	of
the reporting period					340,461	307,413

OPERATING A	CTIVI	TIES
				2022	2021
Net (expenditure)/income		for the reporting	period (as per the
Statement ofFinancial		Activities)		(161,494)	480,299
Adjustments for:
Depreciation charges				152,403	136,465
Profit on disposal	offixed assets			(1,418)
Interest received				(87)	(90)
Interest paid				17,956	17,717
Decrease/(increase)	in debtors			18,859	(14,035)
Increase/(decrease)	in creditors			98,318	(501)
Net cash provided	by operations			124,537	619,855

ANALYSIS OF CHA	N	GES IN NET DEBT
			At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank and in hand			307,413	33,048	340,461
			307,413	33,048	340,461
Debt
Debts falling due within		1 year	(17,204)	1,782	(]5,422)
Debts falling due after	1	year	(555,289)	15,134	(540,155)
			(572,493)	16,916	(555,577)
Total			(265,080)	49,964	(215,116)

				St	Floating
			Hope	Georges	Support
			House	Hall	projects	The Lodge
Grants receivable			89,567	73,281	188,845	28,117
Housing	benefit		252,539	182,906
Residents	room charges		]3,185	6,217	(7,000)	143,207
Property	contract		18,696	11,425
			373,987	273,829	181,845	171,324
			Street			Church
			Outreach		Covid-19	View
			project	CMF	Measures	Apartments
Grants receivable			14,750	6,000	25,850	69,999
Housing	benefit				(2,335)	207,703
Residents	room charges				(2,320)	9,519
Property	contract
			14,750	6,000	21,195	287,221
					2022	2021
				First
			Out of	Steps
		Housing	Town	Housing	Total	Total
		First	Support	project	activities	activities
Grants receivable		2,500	28,000	40,795	567,704	1,242,740
Housing	benefit				640,813	426,824
Residents	room charges				162,808	158,350
Property	contract				30,121
		2,500	28,000	40,795	1,401,446	1,827,914

Darlington	Borough	Council - Projects and		137,462
Darlington	Borough	Council - Supporting	People	244,834
Durham Constabulary				69,000
Homes England				16,333
Trusts and	other funding			144 502
Total grants	received	in the period		612 13i

Raising donations	and legacies
			2022	2021
Events			917
CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 7)	Totals
Hope House		284,508	71,178	355,686
StGeorges Hall		223,648	37,885	261,533
Floating Support Projects		123,294	47,291	170,585
The Lodge		168,363	31,310	199,673
Healthy Lifestyle Coach		4,800		4,800
Street Outreach Project		20,710	2,576	23,286
CMF		3,695		3,695
Covid-19 Measures		24,222	3,026	27,248
Church View Apartments		406,968	72,599	479,567
Housing First		5,435	4	5,439
Out ofTown Support		21,774	189	21,963
First Steps Housing	Project	18,956	16,661	35,617
		1,306,373	282,719	1,589,092
SUPPORT COSTS
				Information
		Management	Finance	technology
Hope House		38,174	11,191	4,654
StGeorges Hall		23,855	2,652	2,486
Floating Support Projects		23,215	7,260	4,572
The Lodge		16,458	3,068	3,610
Street Outreach Project		1,431	3	427
Covid-1 9 Measures				3,026
Church View Apartments		33,787	9,451	6,043
Housing First
Out ofTown Support		24
First Steps Housing	Project	7,617	3,453	1,254
		144,561	37,078	26,072

				Human	Governance
				resources	costs	Totals
	Hope House			14,187	2,972	71,178
	StGeorges Hall			7,196	1,696	37,885
	Floating Support Projects			10,213	2,031	47,291
	The Lodge			6, 168	2,006	31,310
	Street Outreach Project			604	111	2,576
	Covid-1 9 Measures					3,026
	Church View Apartments			20,266	3,052	72,599
	Housing First			4		4
	Out ofTown Support			165		189
	First Steps Housing Project			3,470	867	16,661
				62,273	12,735	282,719
8.	NET INCOME!'(EXPENDITURE)
	Net income/(expenditure)		is stated afler charging/(crediting);
					2022	2021
	Auditors' remuneration				4,404	3,680
	Auditors' remuneration	for	non audit work		4,036	3,190
	Depreciation -owned assets				152,401	136,465
	Hire ofplant and machinery					8,430
	Surplus on disposal offixed assets				(1,418)

STAF	F COSTS
		2022	2021
Wages	and salaries	815,500	643,090
Social	security costs	58,485	49,354
Other	pension costs	11,845	8,488
		885,830	700,932

	The average monthly nu	mber ofem	ployees	during th	e year was	as follows:
							2022	2021
	Support workers						16	18
	Housing management						11	14
	Administration						1	3
	Management						4	2
	Cleaners						4	2
	Activities coordinator						1
							37	39
	No employees received	emoluments	in excess off60,000.
	The total remuneration	for key management		personnel	amounted	to f82,217(2020:	f78,062).
11.	COMPARATIVES FOR THE STATEMENT OF				FINANCIAL ACTIVITIES
						Unrestricted	Restricted	Total
						funds	funds	funds
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies					27,032	2,152	29,184
	Charitable activities
	Hope House					343,421		343,421
	St Georges Hall					256,931		256,931
	Bridge2Home						25,000	25,000
	Floating Support Projects						183,408	183,408
	The Lodge					146,268	32,484	178,752
	Street Outreach Project						12,500	12,500
	CMF						3,000	3,000
	Covid-19 Measures						89,195	89,195
	Church View Apartments					73,407	234,300	307,707
	Church View Apartments	Refurbishment					408,500	408,500
	Housing First						7,500	7,500
	Out ofTown Support						12,000	12,000
	Investment income					90		90
	Total					847,149	1,010,039	1,857, 188
	EXPENDITURE ON
	Charitable activities
	Hope House					317,736	6,027	323,763
	St Georges Hall					235,846	5,000	240,846
	General					1,527	5,184	6,711
	Bridge2Home						27,955	27,955
	Floating Support Projects					56	167,251	167,307
	The Lodge					151,434	54,467	205,901
	Healthy Lifestyle Coach						2,681	2,681
	Street Outreach Project						8,943	8,943
	CMF						6,158	6,158
	Covid-19 Measures					59	64,290	64,349
	Church View Apartments					141,590	73,704	215,294
	Church View Apartments	Refurbishment				11,603	79,900	91,503

	for the Year	for the Year	Ended 31 March 2	022
11.	COMPARATIVES FOR THE STATEMENT		OF FINANCIAL	ACTIVITIES	-continued
				Unrestricted	Restricted	Total
				funds	funds	funds
	Housing First				4,021	4,021
	Out ofTown Support				11,457	11,457
	Total			859,851	517,038	1,376,889
	NET INCOME/(EXPENDITURE)			(12,702)	493,001	480,299
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		242,178	1,255,081	1,497,259
	TOTAL FUNDS CARRIED FORWARD			229,476	1,748,082	1,977,558
12.	TANGIBLE FIXED	ASSETS
			Improvements	Fixtures
		Freehold	to	and	Computer
		property	property	fittings	equipment	Totals
			E
	COST
	At I April 2021	661,164	1,767,459	I ]5,479	39,283	2,583,385
	Additions		58,153			58,153
	Disposals			(1,000)	(23,114)	(24,114)
	At 31 March 2022	661,164	1,825,612	114,479	16,169	2,617,424
	DEPRECIATION
	At I April 2021	117,084	173,913	47,703	27,452	366,152
	Charge for year	33,059	95,067	20,396	3,879	152,401
	Eliminated on disposal			(854)	(23,227)	(24,081)
	At 31 March 2022	150,143	268,980	67,245	8, 104	494,472
	NET BOOK VALUE
	At 31 March 2022	511,021	1,556,632	47,234	8,065	2,122,952
	At 31 March 2021	544,080	1,593,546	67,776	11,831	2,217,233

13.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2022	2021
	Other debtors		32,591	50,490
	Prepayments		12,847	13,807
			45,438	64,297
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2022	2021
	Bank loans and overdraAs	(see note 16)	15,422	17,204
	National insurance and other taxes		16,330	13,463
	Other creditors		57,243	7,325
	Accruals and deferred income		63„637	18,104
			152,632	56,096
	Other creditors relate to the provision ofinvoices due at the year end but not yet received.
15.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			2022	2021
	Bank loans (see note 16)		540,155	555,289
16.	LOANS
	An analysis ofthe maturity	ofloans is given below:
			2022	2021
	Amounts falling due within	one year on demand:
	Bank loans		15,422	17,204
	Amounts falling due between two and five years:
	Bank loans - 2-5 years		67,754	63,967
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more than 5 years		472,401	491,322
	The loan is currently set on	a variable rate; Bank ofEngland base rate plus 3'/o.

				2022	2021
	Within one year			18,500	18,500
	Between one	and five years		50,875	69,375
				69,375	87,875
18.	SECURED DEBTS
	The following	secured debts are included	within creditors:
				2022	2021
	Bank loans			555,577	572,493

MOVEMENT IN FUN	DS
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
Unrestricted funds
General fund			199,771	39,352	(109,588)	129,535
Church View Apartments	Refurbishment		29,703	(5,962)	85,155	108,896
Church View Apartments	-	Designated			45,000	45,000
First Steps Housing Project		- Designated		5,177	(4,663)	514
Out ofTown - Designated				6.037	(6,037)
Early Intervention Outreach		Project-
Designated				9,867	(9,867)
			229,474	54,471		283,945
Restricted funds
Bridge2 Home			17,009	(17,009)
Floating Support Drugs and		Alcohol
service			3,825	(3,495)		330
Mental Health Support Worker			8,736	14		8,750
Floating Support Daily Living Skills			235	(235)
The Lodge Project			10,869	(10,869)
Healthy Lifestyle Coach			17,815	(17,815)
Early Intervention Outreach		Project	(8,365)	8,888		523
Street Outreach Project			17,273	(17,292)		(19)
CMF Fund			619	2,305		2,924
Church View Apartments	Refurbishment		1,483,412	(86,184)		1,397,228
Church View Support Worker			66,305	(29,305)		37,000
Church View DLS Co-ordinator			50,000	(10,000)		40,000
Housing First			3,479	(3,479)
Out ofTown Support			543	(543)
Church View Client Activities			10,000	(10,000)
Church View Equipment	and Furnishings		41,423	(12,166)		29,257
Covid Funds			24,906	(8,780)		16,126
			1,748,084	(215,965)		1,532,119
TOTAL FUNDS			1,977,558	(161,494)		1,816,064

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			1,069,243	(1,029,891)	39,352
Church View Apartments	Refurbishment			(5,962)	(5,962)
Street Outreach - Designated			8,750	(8,750)
First Steps Housing Project		- Designated	40,794	(35,617)	5,177
Out ofTown - Designated			28,000	(21,963)	6,037
Housing First - Designated			2,500	(2,500)
Early Intervention Outreach		Project-
Designated			53,154	(43,287)	9,867
			1,202,441	(I,147,970)	54,471
Restricted funds
Bridge2 Home				(17,009)	(17,009)
Floating Support Drugs and		Alcohol
service			47,401	(50,896)	(3,495)
Mental Health Support Worker			14,999	(14,985)	14
Floating Support Daily Living Skills				(235)	(235)
The Lodge Project			5,450	(16,319)	(]0,869)
Healthy Lifestyle Coach				(17,815)	(17,815)
Early Intervention Outreach		Project	70,859	(61,971)	8,888
Street Outreach Project			6,502	(23,794)	(17,292)
CMF Fund			6,000	(3,695)	2,305
Church View Apartments	Refurbishment		14	(86,198)	(86,184)
Church View Support Worker			53,652	(82,957)	(29,305)
Church View DLS Co-ordinator			I	(10,001)	(10,000)
Housing First				(3,479)	(3,479)
Out ofTown Support				(543)	(543)
Church View Client Activities				(10,000)	(10,000)
Church View Equipment	and	Furnishings		(12,166)	(12,166)
Covid Funds			21,196	(29,976)	(8,780)
			226,074	(442,039)	(215,965)
TOTAL FUNDS			1,428,515	(1,590,009)	(161,494)

Comparatives	for mov	emen	t in funds
					Net
					movement	At
				At 1.4.20	in funds	31.3.21
Unrestricted	funds
General fund				203,529	(3,758)	199,771
Church View	Apartments	Refurbishment		33,073	(3,370)	29,703
Lodge				5,576	(5,576)
				242,178	(12,704)	229,474
Restricted funds
Bridge2Home				18,972	(1,963)	17,009
Floating Support Drugs		and	Alcohol
service				10,589	(6,764)	3,825
Mental Health	Support Worker			7,116	1,620	8,736
Floating Support Daily Living Skills				235		235
The Lodge Project				33,037	(22,168)	10,869
Healthy Lifestyle Coach				21,523	(3,708)	17,815
Early Intervention Outreach			Project	(2,734)	(5,631)	(8,365)
Street Outreach Project				12,554	4,719	17,273
CMF Fund				3,777	(3,158)	619
Church View	Apartments	Refurbishment		1,150,012	333,400	1,483,412
Church View	Support Worker				66,305	66,305
Church View	DLS Co-ordinator				50,000	50,000
Housing First					3,479	3,479
Out ofTown	Support				543	543
Church View	Client Activities				10,000	10,000
Church View	Equipment	and	Furnishings		41,423	41,423
Covid Funds					24,906	24,906
				1,255,081	493,003	1,748,084
TOTAL FUNDS				1,497,259	480,299	1,977,558

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	funds
General fund				847,149	(850,907)	(3,758)
Church View	Apartments	Refurbishment			(3,370)	(3,370)
Lodge					(5,576)	(5,576)
				847,149	(859,853)	(12,704)
Restricted funds
Bridge2Home				25,992	(27,955)	(1,963)
Floating Support Drugs		and	Alcohol
service				53,253	(60,017)	(6,764)
Mental Health	Support Worker			15,000	(13„380)	1,620
The Lodge Project				32,483	(54,651)	(22,168)
Healthy Lifestyle Coach					(3,708)	(3,708)
Early Intervention Outreach			Project	115,152	(120,783)	(5,631)
Street Outreach Project				13,662	(8,943)	4,719
CMF Fund				3,000	(6,158)	(3,158)
Church View	Apartments	Refurbishment		413,300	(79,900)	333,400
Church View	Support Worker			80,000	(13,695)	66,305
Church View	DLS Co-ordinator			50,000		50,000
Housing First				7,500	(4,021)	3,479
Out ofTown	Support			12,000	(11,457)	543
Church View	Client Activities			10,000		10,000
Church View	Equipment	and	Furnishings	89,501	(48,078)	41,423
Covid Funds				89,196	(64,290)	24,906
				1,010,039	(517,036)	493,003
TOTAL FUNDS				1,857, 188	(1,376,889)	480,299

				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.22
Unrestricted funds
General fund			203,529	35,594	(109,588)	129,535
Church View Apartments	Refurbishment		33,073	(9,332)	85,155	108,896
Lodge			5,576	(5,576)
Church View Apartments	- Designated				45,000	45,000
First Steps Housing Project		- Designated		5,177	(4,663)	514
Out ofTown - Designated				6,037	(6,037)
Early Intervention Outreach		Project-
Designated				9,867	(9,867)
			242,178	41,767		283,945
Restricted funds
Bridge2Home			18,972	(18,972)
Floating Support Drugs and		Alcohol
service			10,589	(10,259)		330
Mental Health Support Worker			7,116	1,634		8,750
Floating Support Daily Living Skills			235	(235)
The Lodge Project			33,037	(33,037)
Healthy Lifestyle Coach			21,523	(21„523)
Early Intervention Outreach		Project	(2,734)	3,257		523
Street Outreach Project			12,554	(12,573)		(19)
CMF Fund			3,777	(853)		2,924
Church View Apartments	Refurbishment		1,150,012	247,216		1,397,228
Church View Support Worker				37,000		37,000
Church View DLS Co-ordinator				40,000		40,000
Church View Equipment	and Furnishings			29,257		29,257
Covid Funds				16,126		16,126
			],255,081	277,038		1,532,119
TOTAL FUNDS			1,497,259	3]8,805		1,816,064

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			1,916,392	(1,880,798)	35,594
Church View Apartments	Refurbishment			(9,332)	(9,332)
Lodge				(5,576)	(5,576)
Street Outreach - Designated			8,750	(8,750)
First Steps Housing Project		- Designated	40,794	(35,617)	5„177
Out ofTown - Designated			28,000	(21,963)	6,037
Housing First - Designated			2,500	(2,500)
Early Intervention Outreach		Project-
Designated			53,154	(43,287)	9,867
			2,049,590	(2,007,823)	41,767
Restricted funds
Bridge2Home			25,992	(44,964)	(18,972)
Floating Support Drugs and		Alcohol
service			100,654	(110,913)	(10,259)
Mental Health Support Worker			29,999	(28,365)	1,634
Floating Support Daily Living Skills				(235)	(235)
The Lodge Project			37,933	(70,970)	(33,037)
Healthy Lifestyle Coach				(21,523)	(21,523)
Early Intervention Outreach		Project	186,011	(182,754)	3,257
Street Outreach Project			20,164	(32,737)	(12,573)
CMF Fund			9,000	(9,853)	(853)
Church View Apartments	Refurbishment		413,314	(166,098)	247,216
Church View Support Worker			133,652	(96,652)	37,000
Church View DLS Co-ordinator			50,001	(10,001)	40,000
Housing First			7,500	(7,500)
Out ofTown Support			]2,000	(12,000)
Church View Client Activities			10,000	(10,000)
Church View Equipment	and	Furnishings	89,50]	(60,244)	29,257
Covid Funds			110,392	(94,266)	16,126
			1,236,113	(959,075)	277,038
TOTAL FUNDS			3,285,703	(2,966,898)	318,805

	The charity is under t	The charity is under t	The charity is under t	he control ofthe trustees.	he control ofthe trustees.
23.	ACCOMODATION			IN MANAGEMENT
					As at 31	Additions	Disposals	Change	in	As at
					31 March			tenure		31 March
					2021					2022
					Number	Number	Number	Number		Number
	Owned by 700 Club
	Bed &breakfast	spaces			13					13
	Apartment spaces				32					32
	Managed by 700		Club
	Hostel spaces				29					29
	Total managed	accomodation			74
	All accomodation		is supported.

					Total		Total
			Unrestricted	Restricted	2022		2021
Turnover			1,200,936	226,074	1,427,010		1,857,098
Operating expenditure			I 128594	442 041	I 570	635	I 359	172
Operating surplus	/	(deficit)	72,342	(215,967)	(143,625)		497,926
Interest receivable			87			87		90
Interest payable and		similar charges	17956		17	956	17717
Surplus / (deficit) before tax			54,473	(215,967)	(161,494)		480,299
Taxation
Surplus /(deficit) for the year			54,473	(215,967)	(161,494)		480,299
Other comprehensive		income
Total comprehensive		income /(loss) for
the year			54 473	~215 967	~161	494	480	299
STATEMENT OF	CHANGES IN FUNDS

			Unrestricted	Restricted	Total
Balance		as at 31 March 2020	242,176	1,255,083	1,497,259
Surplus	/	(deficit)	(12,702)	493,001	480,299
Transfers
Balance		as at 31 March 2021	229,474	1,748,084	1,977,558
Surplus	/	(deficit)	54,473	(215,967)	(]61,474)
Transfers
Balance		as at 31March 2022	283 947	I 532 117	I 816064