||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Esamlner's|Report||||
|Statement ofFinanctal|Actlvlttes||||
|Balance Sheet|||||
|Cash Flow Statemeat|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Finanelal Statements||10|to|19|
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|||fo|r the year|ended 30June 2|022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes||||f.|
|INCOME AND ENDOWMENTS FROM||||||||
|Donations
and legacies|||2|39,818|22,149|61,967|78,915|
|Charitable
activities||||||||
|Provision ofaccommodation||and employment|for|||||
|the poor and homeless||||137809||137r309|l42,559|
|Other trading activities||||450,999||450,999|301,436|
|Investment
income||||1,781||1,781|1,341|
|Other income||||3,657||3,657|2,981|
|Total||||633,564|22,149|655,713|527,232|
|EXPENDITURE ON||||||||
|Raising Iimds|||6|236&251||236,251|133,443|
|Charitable
activities|||7|||||
|Provision ofaccommodation||and employment|for|||||
|thc poor and homeless||||398/66||398,266|271,472|
|Total||||634/17||634,517|404,915|
|NET INCOME/(EXPENDITURE)||||(953)|22,149|21,196|122,317|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||562,530|56,592|619,122|496,805|
|TOTAL FUNDS CARRIED FORWARD||||561,577|78)741|640/18|619,122|
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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds|funds
f.|funds|fundsf|
|FIXEDASSETS||||||
|Tangible assets|13|144,504|39,437|183,941|163,311|
|CURRENT ASSETS||||||
|Stocks|14|25,302||25,302|25,302|
|Debtors|15|52,937||52,937|40,062|
|Cash at bank and in hand||373,900|39,304|413,204|443,503|
|||452,139|39@04|491,443|508,867|
|CREDITORS||||||
|Amounts
falling due within one year|16|(35,066)||(355066)|(53,056)|
|NET CURRENT ASSETS||417,073|39404|456,377|455,811|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||561,577|78,741|640318|619,122|
|NET ASSETS||561,577|78,741|640,318|619,122|
|FUNDS|18|||||
|Unrestricted
funds||||561,577|562,530|
|Restricted
funds||||781741|56,592|
|TOTAL FUNDS||||640@18|619,122|
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||||2022|2021|
|---|---|---|---|---|
|||Notes|8||
|Cash flows from operating|activities||||
|Cash generated
from operations|||6)711|99,565|
|Net cash provided
by operating activities|||6,711|99,565|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(38,791)||
|Interest received|||1,781|1,341|
|Net cash (used in)/provided|by investing|activities|(37,010)|1,341|
|Change In cash and cash equivalents||ln|||
|the reporting
period|||(30,299)|100,906|
|Cash and cash equivalents|at the||||
|beginning ofthe reportlug|period||443,503|342,597|
|Cash and cash equivalents|at tlte end|of|||
|the reporting
period|||413,204|443,503|
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||||NOTES TO THE CASH FLOW STATEMENT
for the year ended 30June 2022|NOTES TO THE CASH FLOW STATEMENT
for the year ended 30June 2022|||
|---|---|---|---|---|---|---|
|RECONCILIATION|||OFNKT INCOME TO NKT CASH FLOW FROM||OPERATING ACTIVITIES||
||||||2022|2021|
|Net Income|for the|reportlug||period (as per the Statement ofFinancial|||
|Activities)|||||21)196|122,317|
|Adjustments|for:||||||
|Depreciation|charges||||18)161|14,373|
|Interest received|||||(1,781)|(l,341)|
|Increase in stocks||||||(13,854)|
|Increase in debtors|||||(12,875)|(15,287)|
|Decrease in|creditors||||(17,990)|(6,643)|
|Net cash provided||by|operations||6,711|99,565|
|ANALYSIS|OF CHANGES IN NET FUNDS||||||
|||||At 1.7.21|Cash flow|At 30.6.22|
|||||||8|
|Net cash|||||||
|Cash at bank|and in|head||443,503|(30,299)|413804|
|||||443,503|(30,299)|413,204|
|Debt|||||||
|Debts falling|due within||I year|(1,250)|1,250||
|||||(1,250)|1,250||
|Total||||442,253|(29,049)|413,204|
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|Company
statu|s|s||||||||
|---|---|---|---|---|---|---|---|---|---|
|The Charity
is|a company||limited|by guarantee.|The members of the|Charity|are the Trustees|named
in|the|
|narrative
above.
f1 per member|In the event ofthe Charity being
ofthe Charity.||||wound up, the liability|in respect ofthe guarantee||is limited|to|
|DONATIONS|AND LEGACIES|||||||||
||||||||2022|2021||
|||||||||5||
|Donations|||||||36,935|24,404||
|Grants|||||||25,032|54,511||
||||||||61,967|78,915||
|Grants received,|included|in the above, sre as follows;||||||||
||||||||2022|2021||
|||||||||g||
|29th May 1961|Charitable||Trust|||||20,000||
|Emmaus UK companion||grants|||||23,989|5,283||
|Coventry City Council||||||||23,500||
|Covid support grant||||||||4,728||
|Amazon||||||||1,000||
|Other grants|||||||1,043|||
||||||||25$032|54,511||
|OTHER TRADING ACTIVITIES||||||||||
||||||||2022|2021||
||||||||f|5||
|Fundraising
events|||||||356|||
|Shop income|||||||214,131|136,155||
|Coventry
bulky|waste||||||197,064|113,994||
|House clearance||||||||2,574||
|Gift Aid|||||||178|2,667||
|North Warwickshire
bulky|||waste||||39/70|46,046||
||||||||450,999|301,436||
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|INVESTMENT|INVESTMENT|INCOME||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f||
|Deposit account||interest||||1,781|1,341|
|INCOME FROM CHARITABLE ACfIVITIES||||||||
||||Activity|||2022|2021f|
||||Provision of|accommodation|and|||
|Accommodation||income|employment|for the poor and|homeless|137,309|142,559|
|RAISING FUNDS||||||||
|Other trading|activities|||||||
|||||||2022|2021|
||||||||f.|
|Staffcosts||||||1015599|48,638|
|Other operating|leases|||||35,731|30,961|
|Telephone||||||4,975|1,071|
|Advertising|||||||109|
|Vehicle leasing||||||20„5112|16,961|
|Vehicle ihel||||||165341|9,517|
|Vehicle repairs||||||125107|7,089|
|Vehicle insurance||||||6,548|5,653|
|Vehicle costs|||||||403|
|Repairs and maintenance||||||6,314|(5,506)|
|Clothing||||||4,429|2,445|
|Utilities||||||6,603|4,827|
|Credit card charges||||||1,021|373|
|Cash discrepancies||||||1,749|283|
|Service delivery||||||65232|4,955|
|Bought in white|good|||||1,435||
|Depreciation||||||9,455|5,664|
|||||||236,251|133,443|
|CHARITABLE||ACTIVITIES COSTS||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||||||f.||f.|
|Provision ofaccommodation|||and|||||
|employment
for||the poor and|homeless||194,076|2045190|3985266|
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|SUPPORT COSTS||||||
|---|---|---|---|---|---|
|||||Governance||
||||Management|costs
f|Totals|
|Provision ofaccommodation||and||||
|employment
for the poor|and|homeless|184,950|19,240|204,190|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)|is|stated ager charging/(crediting);||||
|||||2022|2021|
|Depreciation - owned assets||||18,161|14,373|
|Other operating
leases||||35,731|30,961|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Wages and salaries||||||227/58|150,830|
|Social security|costs|||||13rt27|8,567|
|Other pension|costs|||||9,298|8,288|
|||||||250,283|167,685|
|The average monthly||number ofemployees||during|the year was as follows:|||
|||||||2022|2021|
|Employees||||||10|7|
|No employees|received emoluments||ln excess off60,000.|||||
##
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|||
for the year ended 30Junc 2022|
for the year ended 30Junc 2022|||
|---|---|---|---|---|---|
|12.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES||||
||||Unrestricted|Restricted|Total|
||||lhnds|funds|funds|
||||f|f.|8|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||73,632|5,283|78,915|
||Charitable
activities|||||
||Provision ofaccommodation|and employment||||
||for the poor and homeless||142,559||142,559|
||Other trading activities||301,436||301,436|
||Investment
income||1,341||1,341|
||Other income||2,981||2,981|
||Total||521,949|5,283|527,232|
||EXPENDITURE ON|||||
||Raising funds||133,443||133,443|
||Charitable
activities|||||
||Provision ofaccommodation|and employment||||
||for the poor and homeless||271,472||271,472|
||Total||404,915||404,915|
||NET INCOME||117,034|5,283|122,317|
||Transfers between funds||601|(601)||
||Net movement
ln fuads||117,635|4,682|122,317|
||RECONCILIATION
OF|FUNDS||||
||Total funds brought forward||444,895|51,910|496,805|
||TOTAL FUNDS CARRIED FORWARD||562,530|56,592|619,122|
|13,|TANGIBLE|FIXEDASSETS||||||
|---|---|---|---|---|---|---|---|
||||Freehold|Plant and|Motor|Computer||
||||property|machinery|vehicles|equipment|Totals|
|||||||6|f.|
||COST|||||||
||At I July2021||308,986|34~7|44,499|81065|395,897|
||Additions||||371895|896|38,791|
||At 30June 2022||308,986|34,347|82@94|81961|434,688|
||DEPRECIATION|||||||
||At
1 July 2021||165,354|34,347|27,509|5376|232,586|
||Charge for year||6,021||9,455|2,685|Igi161|
||At 30June 2022||171@75|34@47|36,964|8,061|250,747|
||NET BOOK|VALUE||||||
||At 30June 2022||137,611||45,430|900|183,941|
||At 30June 2021||143,632||16,990|2,689|163,311|
|14,|STOCKS|||||||
|||||||2022|2021|
||||||||6|
||Stacks|||||25/02|25,302|
|15,|DEBTORS:|AMOUNTS FAILING DUE||WITHIN ONE YEAR||||
|||||||2022|2021|
|||||||8||
||Trade debtors|||||27,729|14,189|
||Other debtors|||||10,684|11,491|
||VAT|||||4,748|3,381|
||Prepayments|and accrued income||||9,776|11,001|
|||||||52@37|40,062|
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|CREDITORS: AMOUNTS|FALLING DUE WITHIN O|NE YEAR|||
|---|---|---|---|---|
||||2022|202 I|
||||f|f.|
|Other loans (see note I7)||||l,250|
|Trade creditors|||5,838|5,251|
|Social security and other taxes|||3,524|1,861|
|Other creditors|||15,443|28,49l|
|Accrued expenses|||10,261|16,203|
||||35,066|53,056|
|LOANS|||||
|An analysis ofthe maturity of|loans is given below:||||
||||2022|2021|
|Amounts
falling due within one year on demand:|||||
|Other loans||||1,250|
|MOVEMENT IN FUNDS|||||
||||Net||
||||movement|At|
|||At 1.7.21|in funds|30.6.22|
||||f|f.|
|Unrestricted
funds|||||
|General fund||203i058|(953)|202,105|
|Old Vicarage - Refurbishment|and||||
|Development
Fund||359,472||359,472|
|||562,530|(953)|561,577|
|Restricted funds|||||
|Companion
Fund||7375|21J06|28,481|
|Decorating|||1,043|1,043|
|National
Lottery||44,117||44,117|
|Coventy City Council - Business Expansion||5,100||5,100|
|||56,592|22,149|78,741|
|TOTAL FUNDS||619,122|21,196|640@18|
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||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources
f|expended|in funds
f|
|Unrestricted|funds|||||||
|General
fund|||||633,564|(634,517)|(953)|
|Restricted
funds||||||||
|Companion
Fund|||||21,106||21,106|
|Decorating|||||1,043||1,043|
||||||22,149||22,149|
|TOTALFUNDS|||||655)713|(634417)|21,196|
|Comparatlves|for movemcnt||In funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.7,20
f|in funds
f|lhnds|30.6.21
f|
|Unrestricted|funds|||||||
|General fund||||304,756|117,034|(218,732)|203,058|
|Old Vicarage|- Refurbishment||and|||||
|Development|Fund|||140,139||219,333|359,472|
|||||444,895|117,034|601|562,530|
|Restricted
funds||||||||
|Repairs||||601||(601)||
|Companion
Fund||||2,092|5,283||7,375|
|National
Lottery||||44, 1I7|||44,117|
|Coventy City|Council - Business Expansion|||5,100|||5,100|
|||||51,910|5,283|(601)|56,592|
|TOTAL FUNDS||||496,805|122,317||619,122|
|Comparative|net movement|in|lhnds, included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources
f|expended
f|in funds
f|
|Unrestricted|funds|||||||
|General fund|||||521,949|(404,915)|117,034|
|Restricted funds||||||||
|Companion
Fund|||||5,283||5,283|
|TOTAL FUNDS|||||527,232|(404,915)|122,3l7|
##
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.7.20
f.|in funds
f.|fundsf|30.6.22|
|Unrestricted|funds||||||
|General
fund|||304,756|116,081|(218,732)|202,105|
|Old Vicarage|- Relbrblslunent|and|||||
|Development|Fund||140,139||219,333|359,472|
||||444,895|116,081|601|561,577|
|Restricted funds|||||||
|Repairs|||601||(601)||
|Companion
Fund|||2,092|26,389||28,481|
|Decorating||||1,043||1,043|
|National
Lottery|||44,117|||44,117|
|Coventy City|Council - Business Expansion||5,100|||5,100|
||||51,910|27,432|(601)|78,741|
|TOTAL FUNDS|||496,805|143,513||640,318|
|||incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
||||8|8|
|Unrestricted|funds||||
|General fund||1,155,513|(1,039,432)|116,081|
|Restricted funds|||||
|Companion|Fund|26,389||26,389|
|Decorating||1,043||1,043|
|||27,432||27,432|
|TOTALFUNDS||1,182,945|(1,039,432)|143,513|
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