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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|13|
|Report ofthe Independent
Auditors|14|Io|17|
|Statement of Financial Activities||18||
|Balance Sheet||19||
|Cash Flow Statement||20||
|Notes to the Cash Flow Statement||21||
|Notes to the Financial Statements|22|to|33|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|funds
f|funds|funds
f|funds|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||2|13,950||13,950|17,930|
|Charitable
activities||||||||
|Charitable
activities||||573,773|229,720|803,493|1,048,143|
|Other trading
activities|||3|14,134||14,134|7,116|
|Investment
income|||4|188||188|574|
|Other income||||12,368||12,368|4,234|
|Total||||614,413|229,720|844,133|1,077,997|
|EXPENDITURE ON||||||||
|Raising funds|||6|17,762|8,835|26,597|42,347|
|Charitable
activities|||7|||||
|Charitable
activities||||729,672|220,257|949,929|873,992|
|Total||||747,434|229,092|976,526|916,339|
|NET INCOME/(EXPENDITURE)||||(133,021)|628|(132,393)|161,658|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||1,024,437|3,647|1,028,084|866,426|
|TOTAL FUNDS CARRIED FORWARD||||891,416|4,275|895,691|1,028,084|
##
|||BALANCE SHEET
31 MARCH 2022|||
|---|---|---|---|---|
|||Notes|2022
6|2021
f|
|FIXED ASSETS|||||
|Tangible assets||13|507,162|523,083|
|Investments||14|2|2|
||||507,164|523,085|
|CURRENT ASSETS|||||
|Debtors||15|81,233|72,080|
|Cash at bank and|in hand||378,197|555,862|
||||459,430|627,942|
|CREDITORS|||||
|Amounts
falling due within one year||16|(70,903)|(122,943)|
|NET CURRENT ASSETS|||388,527|504,999|
|TOTAL ASSETS|LESSCURRENT||||
|LIABILITIES|||895,691|1,028,084|
|NET ASSETS|||895,691|1,028,084|
|FUNDS||19|||
|Unrestricted
funds|||891,415|1,024,437|
|Restricted
funds|||4,276|3,647|
|TOTAL FUNDS|||895,691|1,028,084|
##
##
||FOR T|HE YEAR ENDED|31 MARCH 2022||
|---|---|---|---|---|
||||2022|2021|
|||Notes|5|f|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|(177,565)|208,124|
|Net cash (used in)/provided|by operating|activities|(177,565)|208,124|
|Cash flows from investing|activities||||
|Purchase
oftangible
fixed assets
Purchase
offixed asset investments
Sale oftangible
fixed assets|||(288)|(18,952)
(1)
1,200|
|Interest received|||188|574|
|Net cash used
in investing
activities|||~100)|~17,179)|
|Change
in cash and cash|equivalents||||
|in the reporting
period
Cash and cash equivalents|at the||(177,665)|190,945|
|beginning
ofthe reporting|period||555,862|364,917|
|Cash and cash equivalents|at the end||||
|ofthe reporting
period|||378,197|555,862|
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||RECONCILIATION
ACTIVITIES||OF|NET|(|EXPENDITURE|)/INCOME
TO NET CASH|FLOW FROM
|OPERATING|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||||||||||6|
||Net (expenditure)/income||||for the reporting||period (as per the|||
||Statement of Financial|||Activities)||||(132,393)|161,658|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||15,921|11,870|
||Loss/(profit)
on disposal|||of fixed assets||||288|(1,200)|
||Interest received|||||||(188)|(574)|
||(Increase)/decrease||in debtors|||||(9,153)|11,684|
||(Decrease)/increase||in creditors|||||~52,040)|24,686|
||Net cash (used in)/provided|||||by operations||(177,565)|208,124|
|2.|ANALYSIS OF CHANGES||||IN|NET FUNDS||||
||||||||At 1.4.21|Cash flow
f|At 31.3.22
f|
||Net cash|||||||||
||Cash at bank and|in|hand||||555,862|(177,665)|378,197|
||||||||555,862|(177,665)|378,197|
||Total||||||555,862|(177,665)|378,197|
##
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|on charitable
activities.
T
notes to the accounts.
Tangible fixed assets
Depreciation
is provided
estimated
useful
life.|he bases on whic
at the
following|
|---|---|
|Freehold
property|1%on cost|
|Plant and machinery|33%on cost|
|Fixtures and fittings|33%on cost|
|Computer
equipment|50%on cost|
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||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||6||
|Deposit account interest|||||||||||188|574|
|All investment|income is|||derived|||from assets held||in the United|Kingdom.|||
|INCOME FROM CHARITABLE|||||||ACTIVITIES||||||
||||||||||||2022|2021|
||||||Activity||||||6||
|Grants|||||Charitable|||activities|||340,151|704,813|
|Service income|||||Charitable|||activities|||463,342|343,330|
||||||||||||803,493|1,048,143|
|Grants received,||included||in|the||above,|are as follows:|||||
||||||||||||2022|2021|
|||||||||||||f|
|Royal Navy and Royal Marines|||||||Charity||||46,158|43,896|
|Age UK|||||||||||103,414|243,623|
|Big Lottery Fund|||||||||||107,726|118,585|
|Armed Forces|Covenant|||Fund||Trust|||||72,092|46,524|
|HIOW Community|||Foundation|||||||||2,499|
|HIVE Discretionary|||Crisis||||||||410|1,720|
|Job Retention Scheme|||||||||||9,080|86,619|
|Portsmouth
City Council||||||||||||25,000|
|National
Lottery Development||||||Grant||||||125,000|
|HIWCF|||||||||||1,271|11,347|
||||||||||||340,151|704,813|
|RAISING FUNDS|||||||||||||
|Other trading|activities||||||||||||
||||||||||||2022|2021|
|||||||||||||f|
|Purchases|||||||||||1,563|670|
|Staff costs||||||||||||18,809|
|Other costs||||||||||||361|
|Depreciation||||||||||||635|
|Support costs|||||||||||25,034|21,872|
||||||||||||26,597|42,347|
##
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##
|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs
f|note 8)
f|Totals
f|
|Charitable|activities||||617,360|332,569|949,929|
|SUPPORT|COSTS|||||||
|||||||Governance||
|||||Management
f|Finance
f|costs
f.|Totals
f|
|Other trading||activities||23,197|1,507|330|25,034|
|Charitable|activities|||308,164|20,020|4,385|332,569|
|||||331,361|21,527|4,715|357,603|
|Activity|||Basis of allocation|||||
|Management|||Use|ofresources||||
|Finance|||Use|ofresources||||
|Governance||costs|Use|ofresources||||
##
|Management|||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Other||||
||||trading|Charitable|Total|Total|
||||activities|activities|activities|activities|
||||f.|f.|f.|f|
|Staff costs|||15,979|212,274|228,253|205,584|
|Office costs|||3,498|46,467|49,965|53,807|
|Premises costs|||1,252|16,634|17,886|15,074|
|Accountancy|support||2,468|32,789|35,257|18,370|
||||23,197|308,164|331,361|292,835|
|Finance|||||||
||||||2022|2021|
||||Other||||
||||trading|Charitable|Total|Total|
||||activities
f|activities
f|activities
f|activities|
|Bank charges|||371|4,938|5,309|4,779|
|Depreciation|oftangible|fixed assets|1,116|14,814|15,930|11,234|
|Loss on sale|oftangible|fixed assets|20|268|288|~1,200)|
||||1,507|20,020|21,527|14,813|
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|STAFF CO|STS|||
|---|---|---|---|
|||2022|2021
f|
|Wages and|salaries|786,569|727,297|
|Socia I security||35,662|34,293|
|Employers|pension costs|15,407|13,784|
|||837,638|775,374|
|The average
monthly
number ofemployees|during the year was as follows:||
|---|---|---|
||2022|2021|
|Charitable|74|60|
|Support|22|25|
||96|85|
##
##
||NOTES TO THE FINANCIAL
STATEMENTS - continue
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE FINANCIAL
STATEMENTS - continue
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE FINANCIAL
STATEMENTS - continue
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE FINANCIAL
STATEMENTS - continue
FOR THE YEAR ENDED 31 MARCH 2022|NOTES TO THE FINANCIAL
STATEMENTS - continue
FOR THE YEAR ENDED 31 MARCH 2022|d||
|---|---|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||funds
6|funds|fundsf|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||17,889|41|17,930|
||Charitable
activities|||||||
||Charitable
activities||||682,973|365,170|1,048,143|
||Other trading
activities||||7,116||7,116|
||Investment
income||||574||574|
||Other income||||4,234||4,234|
||Total||||712,786|365,211|1,077,997|
||EXPENDITURE ON|||||||
||Raising funds||||33,684|8,663|42,347|
||Charitable
activities|||||||
||Charitable
activities||||514,651|359,341|873,992|
||Total||||548,335|368,004|916,339|
||NET INCOME/(EXPENDITURE)||||164,451|(2,793)|161,658|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought||forward||859,985|6,441|866,426|
||TOTAL FUNDS CARRIED FORWARD||||1,024,436|3,648|1,028,084|
|13.|TANGIBLE FIXEDASSETS|||||||
||||||||Fixtures|
||||||Freehold|Plant and|and|
||||||property
6|machinery
f|fittings
f|
||COST|||||||
||At 1 April 2021 and|31 March 2022|||642,806|7,761|87,413|
||DEPRECIATION|||||||
||At 1 April 2021||||135,413|7,761|87,396|
||Charge for year||||6,428||17|
||At 31 March 2022||||141,841|7,761|87,413|
||NET BOOK VALUE|||||||
||At 31 March 2022||||500,965|||
||At 31 March 2021||||507,393||17|
##
||FOR THE YEAR ENDED|31 MARCH 2022|||
|---|---|---|---|---|
|13.|TANGIBLE FIXEDASSETS - continued||||
|||Motor|Computer||
|||vehicles
f|equipment
f|Totals
6|
||COST||||
||At 1 April 2021 and 31 March 2022|10,025|59,828|807,833|
||DEPRECIATION||||
||At 1 April 2021|10,025|44,155|284,750|
||Charge for year||9,476|15,921|
||At 31 March 2022|10,025|53,631|300,671|
||NET BOOK VALUE||||
||At 31 March 2022||6,197|507,162|
||At 31 March 2021||15,673|523,083|
|14.|FIXEDASSET INVESTMENTS||||
|||||Unlisted|
|||||investment|
|||||f|
||MARKET VALUE||||
||At 1 April 2021 and 31 March 2022||||
||NET BOOK VALUE||||
||At 31 March 2022||||
||At 31 March 2021||||
##
|DEBTORS: AMOUNTS
FALLING DUE WITH|IN ONE YEAR||
|---|---|---|
||2022|2021|
|||6|
|Trade debtors|64,604|57,092|
|Other debtors|7,070|8,984|
|Prepayments|9,559|6,004|
||81,233|72,080|
##
##
##
|CREDITORS: AMOUN|TS
FALLING DUE WITHIN ON|E YEAR||
|---|---|---|---|
|||2022|2021|
||||f.|
|Trade creditors||7,306|4,316|
|Social security and other taxes||9,506|7,809|
|Other creditors||3,305|4,877|
|Accruals and deferred|income|50,786|105,941|
|||70,903|122,943|
||||||2022|2021|
|---|---|---|---|---|---|---|
|Brought|forward||||99,957|72,671|
|Amount|released|to|incoming|resources|(99,957)|(72,671)|
|Amount|deferred|in|year||41,656|99,957|
|Carried|forward||||41,656|99,957|
##
##
|Minimum
lease payments
under non-|cancellable
operating|leases fall du|e as follows:||
|---|---|---|---|---|
||||2022
f|2021
f|
|Within one year|||3,852|769|
|Between one and five years|||5,329|1,730|
||||9,181|2,499|
|ANALYSIS OF NET ASSETSBETWEEN FUNDS|||||
||||2022|2021|
||Unrestricted|Restricted|Total|Total|
||funds
f|funds
f|funds
f|funds|
|Fixed assets|507,162||507,162|523,083|
|Investments|2||2|2|
|Current assets
Current
liabilities|455,154
~70,903)|4,276|459,430
~70,903)|627,942
~722,943)|
||891,415|4,276|895,691|1,028,084|
##
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##
|MOVEMENT
IN FUN|DS||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||At|1.4.21
f||in funds
f.|funds|31.3.22|
|Unrestricted
funds|||||||||
|General
fund
Designated
Recovery|Fund||794,437
230,000|||(133,022)|130,000
~130,0003|791,415
100,000|
||||1,024,437|||(133,022)||891,415|
|Restricted funds|||||||||
|Civic Hardship
Grant|||(2,823)|||(1,573)||(4,396)|
|What's
in IT|||2,193|||303||2,496|
|Living Well|||3,787|||||3,787|
|Close Encounters|||||14|(14)|||
|Joining Forces in Portsmouth|||||427|34||461|
|Veterans
Information|Point||||20|||20|
|Special Advice Service|||||29|1,879||1,908|
||||3,647|||629||4,276|
|TOTAL FUNDS|||1,028,084|||~132,3833||895,691|
|Net movement
in funds,||included|in the above are as follows:||||||
|||||||Incoming|Resources|Movement|
|||||||resources
f|expended
f|in funds
f.|
|Unrestricted
funds|||||||||
|General fund||||||614,412|(747,434)|(133,022)|
|Restricted funds|||||||||
|Civic Hardship
Grant|||||||(1,573)|(1,573)|
|What's
in IT||||||320|(17)|303|
|Close Encounters||||||107,726|(107,740)|(14)|
|Joining Forces in Portsmouth||||||14,570|(14,536)|34|
|Veterans
Information|Point|||||46,157|(46,157)||
|Special Advice Service
Dementia
MCST||||||57,524
3,424|(55,645)
~3,424)|1,879|
|||||||229,721|(229,092)|629|
|TOTAL FUNDS||||||844,133|(976,526)|(132,393)|
##
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##
|Comparatives
for m|ovemen|t
in fun|ds||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At 1.4.20
f||in funds
f|funds|31.3.21
f|
|Unrestricted
funds|||||||||
|General fund||||859,985||164,452|(230,000)|794,437|
|Designated
Recovery|Fund||||||230,000|230,000|
|||||859,985||164,452||1,024,437|
|Restricted funds|||||||||
|Civic Hardship
Grant||||||(2,823)||(2,823)|
|What's
in IT||||2,193||||2,193|
|Living Well||||3,787||||3,787|
|Close Encounters|||||14|||14|
|Joining Forces in Portsmouth|||||427|||427|
|Veterans
Information|Point||||20|||20|
|Special Advice Service||||||29||29|
|||||6,441||~2,794)||3,647|
|TOTAL FUNDS||||866,426||161,658||1,028,084|
|Comparative
net movement||in funds,|included|in the above||are as follows:|||
|||||||Incoming|Resources|Movement|
|||||||resources
f|expended
f|in funds
f|
|Unrestricted
funds|||||||||
|General fund||||||712,787|(548,335)|164,452|
|Restricted funds|||||||||
|Civic Hardship
Grant|||||||(2,823)|(2,823)|
|Close Encounters||||||118,585|(118,585)||
|Joining Forces in Portsmouth||||||19,532|(19,532)||
|Veterans
Information|Point|||||43,897|(43,897)||
|National
Lottery - Covid Response||||||50,013|(50,013)||
|Special Advice Service
Job Retention Scheme||||||46,564
86,619|(46,535)
~86.619)|29|
|||||||368,210|~368,004)|~2,794)|
|TOTAL FUNDS||||||1,077,997|~916,339)|161,658|
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