2022-12-31-accounts - The Nehemiah Project

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		Page
Trustees' report		1-7
Independent auditor's	report	8-to
Statement offinancial	activities	11-12
Balance sheet		13
Statement ofcash flows		14
Notes to the financial	statements	15-29

Current financial year
				Unrestricted	Restricted	Total	Total
				funds	funds
			Notes	2022	2022 8	2022 6	2021f
Income from:
Donations and legacies			2	302,621	228,822	531,443	367,532
Charitable activities			3	390,281		390,281	276,878
Investments- bank interest				30		30	8
Total income				692,932	228,822	921,754	644,418
d~di
Raising funds			4	65,014		65,014	55,685
Charitable activities
Supported Housing Programme			6	612,469	218,461	830,930	764,240
A New Future Online			6	1,234	10,000	11,234	7,123
Total charitable expenditure				613,703	228,461	842,164	771,363
Total resources expended				678,717	228,461	907,178	827,048
Net incoming/(outgoing)		resources before
transfers				14,215	361	14,576	(182,630)
Gross transfers between	funds			16,920	(16,920)
Net income/(expenditure)		for the year/
Net movement in funds				31,135	(16,559)	14,576	(182,630)
Fund balances at 1 January		2022		820,828	34,054	854,882	1,037,512
Fund balances at 31 December 2022				851,963	17,495	869,458	854,882

Prior financial year
					Unrestricted	Restricted	Total
					funds	funds
					2021	2021	2021
				Notes	8		6
Income from:
Donations and legacies					120,409	247,123	367,532
Charitable activities					276,878		276,878
Investments					8		8
Total income					397,295	247,123	644,418
~Ed i
Raising funds				4	55,685		55,685
Charitable activities
Supported Housing Programme					462,469	301,771	764,240
A New Future Online					7,123		7,123
Total charitable expenditure					469,592	301,771	771,363
Total resources expended					525,277	301,771	827,048
Net incoming/(outgoing)		resources	before transfers		(127,982)	(54,648)	(182,630)
Gross transfers between	funds				65,270	(65,270)
Net income/(expenditure)		for the year/
Net incoming/(outgoing)		resources			(62,712)	(119,918)	(192,630)
Fund balances at 1 January		2022			883,540	'I53,972	1,037,512
Fund balances at 31 December 2022					820,828	34,054	854,882

									2022			2021
					Notes				6			8
Fixed assets
Tangible assets										904,931			904,198
Current assets
Debtom							100,895					24,139
Cash at bank and	in	hand					181,740					240,522
							282,635					264,661
Creditors: amounts			falling due within
one year							(202,277)				(167,050)
Nei cement assets										80,358			77,611
Total assets less	current			liabilities						985,289			961,809
Creditors: amounts		falling		due after
more than one year						12				(115,831)			(126,927)
Net assets										869,458			854,882
Income funds
Restricted funds										17,495			34,054
muigg)(jttgd (uts(8
Designated funds					18		814,931				814,198
General unrestricted		funds						37,032				6,630
										851,963			820,828
										869,468			854,882
These financial statements				have been prepared		in	accordance	with	the provisions		applicable	to companies	subject
to the small companies regime. The accounts war approved by the Trustees					on ....„,. J+..... ZF,!&				2.2~
C alth ewe
Trustee
Company Registration			No. 3265850

				2022		2021
			Notes	6		6
Cash flows from operating		activities
Cash absorbed by operations			23		(32,263)		(99,931)
Investing	activities
Purchase	oftangible fixed assets			(16,920)		(65,270)
Investment	income received			30		8
Net cash	used in investing	activities			(16,890)		(65,262)
Financing	activities
Repayment	ofbank loans			(9,629)		(4,739)
Net cash used In financing		activities			(9,629)		(4,739)
Net decrease in cash and		cash equivalents			(58,782)		(169,932)
Cash and cash equivalents		at beginning	ofyear		240,522		410,454
Cash and	cash equivalents	at end of	year		181,740		240,522

					Total	Total
					2022f	2021 f
Donations	and	giRs			73,179	44,341
Grants towards		ongoing	operations		410,829	428,777
Less: net	deferred income				22,957	(106,369)
Other including		London	Marathon	sponsorships	24,478	783
					531,443	367,532

	Donations and legacies						IContinued)
						Total	Total
						2022	2021
							5
	Grants receivable for core		activities
	B&Q Neighbourly Foundation						5,000
	Bditish Association ofthe	Order		of Malta		30,000
	Cicely Northcote					10,000
	Charles Hayward Foundation						25,000
	CRASH						6,294
	Drapers' Charitable Funds						20,000
	Help the Homeless						5,000
	Lloyds Bank Foundation					27,250	33,000
	London Borough of Lambeth						5,000
	Maurice & Hilda Lang Charitable				Trust		5,000
	National Lottery Community		Fund			44,000	50,000
	Nationwide Community Fund						50,000
	Screwfix Foundation						5,000
	Sir Harold Hood Charitable	Trust				5,000
	Tare Getty Foundation						10,000
	The 29th May 1961 Charitable Trust						5,000
	The Albert Hunt Trust					5,000
	The AD ChaditableTrust					20,000
	The Borrows Charitable Trust					8,500
	The Garfield Weston Foundation					40,000
	The Global Fund for Forgotten			People		53,129	104,948
	The Henry Smith Charity					39,000	59,100
	The Jerusalem Trust					40,000
	The Monday Trust					10,000
	The Reed Foundation					7,500
	The Society ofthe Holy Child		Jesus			20,000
	The Worshipful Company	ofMercers				25,000	20,000
	The Worshipful Company	ofVintners				10,000	10,000
	Other F3,000 and below					16,450	10,435
						410,829	428,777
3	Charitable activities
						Supported	Supported
						housing	housing
						income	Income
						2022	2021
							6
	Housing benefit and other	rental		income		390,281	276,878

			2022 6	2021f
Seeking donations,	grants and	legacies	4,498	3,758
Staging fundraising	events		2,925	1,980
Staff costs			57,591	49,947
Costs of operating	fundraising	events	65,014	55,685

Number ofe The average	mploye monthly	es number ofemployees during the year	was:
			2022	2021
			Number	Number
			17	14
Employment	costs		2022	2021
			5	6
Wages and salaries			485,198	426,641
Social security costs			44,649	38,094
Defined contribution		pension costs	6,701	7,379
			536,548	472,114

The number of employees whose annual remun pension contributions, was 660,000 or more were:	eration, excluding employers' national insu	rance and
	2022	2021
	Number	Number
860,001-670,000	1	1

				Supported	A New	Total	Supported	A New	Total
				Housing	Future	2022	Housing	Future	2021
				Programme	Online		Programme	Online
				2022	2022		2021	2021
				E	E		E	E
Staff costs				404,633	5,000	409,633	371,305		371,305
Depreciation	and
impairment				16,187		16,187	12,122		12,122
Staff and volunteer
expenses, recruitment			and
training				9,910		9,910	163		163
Rent and rates				117,166		117,166	115,874		115,874
Repairs and	renewals			24,046		24,046	63,413		63,413
Light and heat				30,333		30,333	28,468		28,468
Motor and travel				881		881	939		939
Residents needs				2,894		2,894	2,571		2,571
Consultancy,	clinical
supervision	and other
professional	fees			33,303	6,234	39,537	18,205	7,123	25,328
Subscriptions	and licences			1,259		1,259	1,441		1,441
Cleaning materials		and
refuse disposal				5,839		5,839	3,935		3,935
Food				2,834		2,834	1,961		1,961
Special projects				4,474		4,474	8,769		8,769
Insurance				19,761		19,761	18,699		18,699
Programme	costs			3,595		3,595	3,709		3,709
Sundry costs				1,937		1,937	1,079		1,079
				679,052	11,234	690,286	652,653	7,123	659,776
Share ofsupport costs			(see
note 8)				123,530		123,530	99,830		99,830
Share ofgovernance		costs
(see note 8)				28,348		28,348	11,757		11,757
				830,930	11,234	842,164	764,240	7,123	771,363
Analysis by	fund
Unrestricted	funds			612,469	1,234	613,703	462,469	7,123	469,592
Restricted funds				218,461	10,000	228,461	301,771		301,771
				830,930	11,234	842,164	764,240	7,123	771,363

Support costs
		Support	Governance	2022	2021
		costs	costs
Staff costs		69,324		69,324	50,862
Printing, postage and stationery		14,909		14,909	15,334
Telephone		7,379		7,379	6,250
Staff recruitment		1,617		1,617	2,756
HR support and professional	fees	7,719		7,719	4,617
Computer expenses		18,001		18,001	17,009
Loan interest		831		831	585
Sundry expenses		952		952	1,003
Training and staff subscription	costs	2,798		2,798	1,414
Audit fees			5,880	5,880	5,880
Accountancy			2,070	2,070	2,292
Legal and professional			20,398	20,398	3,585
		123,530	28,348	151,878	111,587
Analysed between
Chadtable activities		123,530	28,348	151,878	111,587

9	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
				Land and	Leasehold	Fixtures,		Computers	Total
				buildings	improvements	fittings	&
						equipment
							f
	Cost
	At 1 January	2022		884,094	15,845	158,336		43,688	1,101,963
	Additions							16,920	16,920
	At 31 December 2022			884,094	15,845	158,336		60,608	1,118,883
	Depreciation	and impairment
	At 1 January	2022			9,507	148,425		39,833	197,765
	Depreciation	charged	in the	year	3,169	5,361		7,657	16,187
	At 31 December 2022				12,676	153,786		47,490	213,952
	Carrying amount
	At 31 December 2022			8&4,094	3,169	4,550		13,118	904,931
	At 31 December 2021			884,094	6,338	9,911		3,855	904,198
10	Debtors
								2022	2021
	Amounts falling due		within	one year:					5
	Other debtors							72,714	11,665
	Prepayments	and accrued income						28,181	12,474
								100,895	24,139
11	Creditors: amounts		falling	due within one year
					Notes			2022f	2021 5
	Bankloans					13		9,800	8,333
	Other taxation	and social security						13,230	10,083
	Deferred income					14		93,412	116,369
	Trade creditors							42,038	34,153
	Accruals							43,797	18,112
								202,277	187,050

12	Creditors: amounts	Creditors: amounts
				2022	2021
			Notes
	Bankloans		13	25,831	36,927
	Britland	Charitable Trust loan		90,000	90,000
				115,831	126,927
13	Loans	and overdrafts
				2022	2021
				8	8
	Bank and trust funding			125,631	135,260
	Payable	within one year		9,800	8,333
	Payable	after one year		115,831	126,927

		2022	2021
		6	8
Performance	related grants	13,108	16,000
Grants for a	future time period	80,304	100,369
		93,412	116,369

	Balance at	Resources	Transfers	Balance st	Resources	Transfers	Balance at
	1 January 2021	expended		1 January 2022	expended		31 December
							2022
						f
Property
capital fund	761,050	(12,122)	65,270	814,198	(16,187)	16,920	814,931
	761,050	(12,122)	65,270	814,198	(16,187)	16,920	814,931

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22	Analysis ofchanges	in net	funds	funds
								At 1 January	Cash flows	At 31 December
								2022		2022
								f		f
	Cash at bank and in hand							240,522	(58,782)	181,740
	Loans falling due within	one year						(8,333)	(1,467)	(9,800)
	Loans falling due after	more than one year						(36,927)	11,096	(25,831)
								195,262	(49,153)	146,109
23	Cash generated from	operations							2022	2021f
	Surplus/(deficit) for the	year							14,576	(182,630)
	Adjustments for:
	Investment income recognised			in statement		offinancial	activities		(30)	(8)
	Depreciation and impairment		oftangible		fixed assets				16,187	12,122
	Movements in working	capital:
	(Increase)/decrease in	debtors							(76,756)	55,383
	Increase/(decrease) in	creditors							36,717	(91,167)
	(Decrease)/increase in	deferred		income					(22,957)	106,369
	Cash absorbed by operations								(32,263)	(99,931)