||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||l|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||IO|to|19|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||||E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||26,677|20,699|47/76|61,967|
|Charitable
activities|||||||||
|Provision ofaccommodation||and employment||for|||||
|the poor and homeless|||||107,795||107,795|137,309|
|Other trading activities|||||547,489||547,489|450,999|
|Investment
income|||||3,143||3,143|1,781|
|Other income|||||1,960||1,960|3,657|
|Total|||||687,064|20,699|707,763|655,713|
|EXPENDITURE ON|||||||||
|Raising funds|||||243,720|1,043|244,763|236,251|
|Charitable
activities|||||||||
|Provision ofaccommodation||and employment||for|||||
|the poor and homeless|||||407,433||407,433|398,266|
|Total|||||651,153|1,043|652,196|634,517|
|NET INCOME|||||35,911|19,656|55+67|21,196|
|Transfers
between
funds||||17|93,152|(93,152)|||
|Net movement
in funds|||||129,063|(73,496)|55/67|21,196|
|RECONCILIATION|OF|FUNDS|||||||
|Total funds brought
forward|||||561+77|78,741|640+18|619,122|
|TOTAL FUNDS CARRIED FORWARD|||||690,640|5,245|695,885|640,318|
##
||30|June 2023||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||||f,|
|FIXEDASSETS||||||
|Tangible assets|13|184/57||184/57|183,941|
|CURRENT ASSETS||||||
|Stocks|14|19,800||19,800|25,302|
|Debtors|15|95,127||95,127|52,937|
|Cash at bank and in hand||431,858|5,245|437,103|413,204|
|||546,785|5,245|552,030|491,443|
|CREDITORS||||||
|Amounts
falling due within one year|16|(40/02)||(40402)|(35,066)|
|NET CURRENT ASSETS||506,283||511+28|456,377|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||690,640|5,245|695,885|640,318|
|NET ASSETS||690,640|5pA5|695,885|640,318|
|FUNDS|17|||||
|Unrestricted
funds||||690,640|561,577|
|Restricted funds||||5,245|78,741|
|TOTAL FUNDS||||695,885|640,318|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||41,590|6,711|
|Net cash provided
by operating
activities|||||41,590|6,711|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(20,834)|(38,791)|
|Interest received|||||3,143|1,781|
|Net cash used in investing|activities||||(17,691)|(37,010)|
|Change in cash and cash|equivalents||in||||
|the reporting
period|||||23,899|(30,299)|
|Cash and cash equivalents||at the|||||
|beginning ofthe reporting||period|||413/04|443,503|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||437,103|413,204|
##
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||RECONCILIATION|RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM|OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|
||||||2023|2022|
||Net income for the|reporting||period (asper the Statement ofFinancial|||
||Activities)||||55,567|21,196|
||Adjustments
for:||||||
||Depreciation
charges||||20,418|18,161|
||Interest received||||(3,143)|(l,781)|
||Decrease in stocks||||5,502||
||Increase in debtors||||(42,190)|(12,875)|
||Increase/(decrease)|in|creditors||5,436|(l7,990)|
||Net cash provided|by|operations||41,590|6,71 l|
|2.|ANALYSIS OF CHANGES|||IN NET FUNDS|||
|ANALYSIS OF CHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.7.22|Cash flow|At 30.6.23|
||||f|
|Net cash||||
|Cash at bank and in hand|413,204|23,899|437,103|
||413,204|23,899|437,103|
|Total|413,204|23,899|437,103|
##
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|DONATION|S
AND LE|GACIES|||
|---|---|---|---|---|
||||2023f|2022|
|Donations|||20,126|36,935|
|Grants|||27,?50|25,032|
||||47/76|61,967|
|Grants received, included||in the above, are as follows:|||
||||2023|2022|
|Emmaus UK companion||grants|10,506|178|
|CRASH grants|||10,194|21,105|
|Rynor grants|||6/50||
|Grants for IT/EPOS systems||||2,884|
|Other grants||||865|
||||27/50|25,032|
|OTHER TRADING ACTIVITIES|||||
||||2023f|2022|
|Fundraising|events|||356|
|Shop income|||238/99|214,131|
|Coventry
bulky waste|||257,798|197,064|
|Gift Aid|||1@14|178|
|North Warwickshire
bulky waste|||49,878|39,270|
||||547,489|450,999|
##
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|4.|INVESTMENT|INCOME|||||||
||||||||2023|2022|
||Deposit account|interest|||||3,143|1,78l|
|5.|INCOME FROM CHARITABLE ACTIVITIES||||||||
||||Activity||||2023f|2022|
||||Provision of|accommodation|and||||
||Accommodation|income|employment|for the poor and|homeless||107,795|137,309|
|6.|RAISING FUNDS||||||||
||Other trading activities||||||||
||||||||2023
f,|2022f|
||Staffcosts||||||100,124|101,599|
||Other operating
leases||||||51,438|35,731|
||Telephone||||||4,957|4,975|
||Advertising||||||667||
||Vehicle leasing||||||3+39|20,912|
||Vehicle fuel||||||18,048|16,341|
||Vehicle repairs||||||12,129|l2,907|
||Vehicle insurance||||||11,016|6,548|
||Repairs and maintenance||||||16,917|6,314|
||Clothing||||||3,483|4,429|
||Utilities||||||3,673|6,603|
||Credit card charges||||||2,144|1,021|
||Cash discrepancies||||||1|1,749|
||Service delivery||||||2,760|6/32|
||Bought in white good|||||||1,435|
||Depreciation||||||13,867|9,455|
||||||||244,763|236,251|
|7.|CHARITABLE|ACTIVITIES COSTS|||||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 8)|Totals|
||Provision ofaccommodation||and||||||
||employment
for|the poor and|homeless|||125,479|281,954|407,433|
##
##
|SUPPORT|COSTS||||||
|---|---|---|---|---|---|---|
||||||Governance||
|||||Management|costs|Totals|
|Provision of|accommodation||and||||
|employment|for the poor|and|homeless|273,749|8,205|281@54|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||is stated aAer charging/(crediting):|||||
||||||2023f|2022|
|Depreciation|- owned assets||||20,418|18,161|
|Other operating
leases|||||51,438|35,731|
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|Wages and salaries|||||311,460|227,558|
|Social security|costs||||19/86|13,427|
|Other pension|costs||||8,699|9,298|
||||||339,545|250,283|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||2023|2022|
|Employees|||||10|10|
|No employees|received emoluments||in excess off60,000.||||
##
##
|12.|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||39,818|22,149|61,967|
||Charitable
activities|||||
||Provision ofacconunodation|and employment||||
||for the poor and homeless||137,309||137,309|
||Other trading activities||450,999||450,999|
||Investment
income||1,781||1,781|
||Other income||3,657||3,657|
||Total||633,564|22,149|655,713|
||EXPENDITURE ON|||||
||Raising funds||236,251||236,251|
||Charitable
activities|||||
||Provision ofaccommodation|and employment||||
||for the poor and homeless||398,266||398/66|
||Total||634,517||634,517|
||NET INCOME/(EXPENDITURE)||(953)|22,149|21,196|
||RECONCILIATION
OF|FUNDS||||
||Total funds brought
forward||562,530|56,592|619,122|
||TOTAL FUNDS CARRIED FORWARD||561,577|78,741|640,318|
##
|13.|TANGIBLE|FIXEDASSETS||||||
|---|---|---|---|---|---|---|---|
||||Freehold|Plant and|Motor|Computer||
||||property
f,|machinery
f|vehicles|equipment|Totals
f|
||COST|||||||
||At
1 July 2022
Additions||308,986|34/47|82/94
20,073|8&961
761|434,688
20,834|
||At 30June 2023||308,986|34/47|102,467|9,722|455,522|
||DEPRECIATION|||||||
||At 1 July 2022
Charge for year||171/75
6,021|34@47|36,964
13,867|8,061
530|250,747
20,418|
||At 30June 2023||177/96|34/47|50,831|8/91|271,165|
||NET BOOK|VALUE||||||
||At 30June 2023||131,590||51,636|1,131|184857|
||At 30June 2022||137,611||45,430||183,941|
|14.|STOCKS|||||||
|||||||2023|2022|
|||||||19,800|25/02|
|15.|DEBTORS:|AMOUNTS FALLING DUE||WITHIN ONE YEAR||||
|||||||2023|2022|
||||||||f|
||Trade debtors|||||41/25|27,729|
||Other debtors|||||16,964|10,684|
||VAT|||||15,424|4,748|
||Prepayments|and accrued income||||21,414|9,776|
|||||||95,127|52,937|
##
##
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##
|CREDITOR|S: AMOUNTS|FAL|LING DUE W|ITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||f|f|
|Trade creditors||||||11,870|5,838|
|Social security|and other taxes|||||5,767|3,524|
|Other creditors||||||9,862|15,443|
|Net wages||||||(200)||
|Accrued expenses||||||13,203|10,261|
|||||||40,502|35,066|
|MOVEMENT IN FUNDS||||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.7.22|in funds|funds|30.6.23|
||||||f|f||
|Unrestricted|funds|||||||
|General
fund||||202,105|35,911|93,152|331,168|
|Old Vicmge|- Refurbishment|and||||||
|Development|Fund|||359,472|||359,472|
|||||561,577|35,911|93,152|690,640|
|Restricted funds||||||||
|Repairs|||||15,195|(10,195)|5,000|
|Companion
Fund||||2&,481|5,504|(33,740)|245|
|Decorating||||1,043|(1,043)|||
|National
Lottery||||44,117||(44,117)||
|Coventy City|Council - Business Expansion|||5,100||(5,100)||
|||||78,741|19,656|(93,152)|5/45|
|TOTAL FUNDS||||640/18|55/67||695,885|
|Net movement|in funds, included||in the above are as follows:|||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General fund|||||687,064|(651,153)|35,911|
|Restricted funds||||||||
|Repairs
Companion
Fund|||||15,195
5~||15,195
5/04|
|Decorating||||||(1,043)|(1,043)|
||||||20,699|(1,043)|19,656|
|TOTALFUNDS|||||707,763|(652,196)|55,567|
##
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##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.7.21|in funds|30.6,22|
|Unrestricted|funds||||||
|General fund||||203,058|(953)|202,105|
|Old Vicarage|- Refurbishment||and||||
|Development|Fund|||359,472||359,472|
|||||562,530|(953)|561,577|
|Restricted funds|||||||
|Companion
Fund||||7,375|21,106|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|640,318|
|Comparative|net movement||in funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended
f|in funds|
|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|
|TOTAL FUNDS||||655,713|(634,517)|21,196|
##
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
||||||At 1.7.21|in funds|funds|30.6.23|
|||||||||f|
|Unrestricted||funds|||||||
|General|fund||||203,058|34,958|93,152|331,168|
|Old Vicarage||- Refurbishment||and|||||
|Development||Fund|||359,472|||359,472|
||||||562,530|34,958|93,152|690,640|
|Restricted funds|||||||||
|Repairs||||||15,195|(10,195)|5,000|
|Companion
Fund|||||7,375|26,610|(33,740)|245|
|National|Lottery||||44,117||(44,117)||
|Coventy|City|Council|—Business Expansion||5,100||(5,100)||
||||||56,592|41,805|(93,152)|5,245|
|TOTAL|FUNDS||||619,122|76,763||695,885|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||1,320,628|(1,285,670)|34,958|
|Restricted funds|||||
|Repairs||15,195||15,195|
|Companion|Fund|26,610||26,610|
|Decorating||1,043|(1,043)||
|||42,848|(1,043)|41,805|
|TOTAL FUNDS||1,363,476|(1,286,713)|76,763|
##
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