2020-03-31-accounts

Trustees		Mr A Curtis
		Ms R Patterson
		Mrs L Copland
		Mrs S Forde
		Mr R Robinson
		Mrs TCallaghan
		Ms J Dollimore
		Ms R Manning
		MrJR Raynor			(Appointed	21 August 2019)
Secretary		Mr R Cohen
Charity number		1064495
Company	number	03366848
Registered	office	6 Ditchmore Lane
		Stevenage
		Hertfordshire
		SG1 3LJ
Auditor		Moore Northern	Home	Counties	Limited
		First Floor
		73-75 High Street
		Stevenage
		Hertfordshire
		SG1 3HR
Bankers		National Westminster		Bank pic
		26 - 28 Queensway
		Stevenage
		Hertfordshire
		SG1 1BT

		Page
Trustees' report		1-5
Independent auditor's	report	6-8
Statement offinancial	activities
Balance sheet		to
Statement ofcash flows
Notes to the financial	statements	12-22

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
	Notes		2020 f.	2020f	2020f	2019 f.	2019f	2019f
Income and endowments		from
Donations and legacies		2	40,250	68,265	108,515	32,586	81,276	113,862
Charitable activities		3	1,533,872	49,200	1,583,072	1,505,891	37,595	1,543,486
Investments		4	1,295		1,295	996		996
Other income		5	5,096	474,398	479,494
Total income			1,580,513	591,863	2,172,376	1,539,473	118,871	1,658,344
~Edit
Raising funds		6	4,633		4,633	2,647		2,647
Charitable activities		7	1,349,634	124,139	1,473,773	1,279,139	116,276	1,395,415
Total resources
expended			1,354,267	124,139	1,478,406	1,281,786	116,276	1,398,062
Net income for the year/
Net movement	in funds		226,246	467,724	693,970	257,687	2,595	260,282
Fund balances	at 1
April 2019			1,251,857	35,770	1,287,627	994,170	33,175	1,027,345
Fund balances	at 31
March 2020			1,478, 103	503,494	1,981,597	1,251,857	35,770	1,287,627

				2020			2019
			Holes	8		8
frlrred asset ~
Tangible assets			11		780,879			'l63,016
Programme rulstod	tnvostmonts		12		6,890			4,765
					787,769			167,781
Current asset ~
I7obtors				103515		07,5/3
Cash at bwW und in	hood			1,241.267		I 134,407
				1,344.782		1,232,020
Creditors: amounts	falling	duo within	14
one year				(150,954I		(112,174)
Nol curronl sssols					1,183,628			1,119,":/16
Total assets lese current		liabilities			1,981.597			1 287,627
Income funds
Restricted funds					503,494			35,770
IlfmgsidglgILhtggs Designated funds			17	363,146		163,016
General unrestricted	funds			1,114,957		1,088,84	1
					1,478,I03			'1,25'I 857
					1,981,597			1,287 627

		2020		2019
	Notes	6		f
Cash flows from operating activities Cash generated from operations	21		736,733 .		287,402
Investing activities
Purchase oftangible fixed assets Interest received		(631,258) 1,295		996
Net cash (used in)/generated from investing activities			(629,963)		996
Net cash used in financing activities
Net increase in cash and cash equivalents			106,770		288,398
Cash and cash equivalents at beginning	ofyear		1,134,497		846,099
Cash and cash equivalents at end of	year		1,241,267		1,134,497

Donations	and legaci	es
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020f	2020f	2020f	2019f	2019f	2019 f
Donations and gifts Gifts in kind		40,250	68,265	40,250 68,265	32,586	81,276	32,586 81,276

Charitable activities
	2020	2010
	2	2
Grants and contracts	418,007	409,222
Rent and residents' fees	1,141,352	1,119,512
Management fees receivable	23,713	14,752
	1,583,072	1,543,486
Analysis by fund Unrestricted funds	1,533,872
Restricted funds	49,200
	1,583,072
Forthe year ended 31 March 2019 Unrestricted funds		1,505,891
Restricted funds		37,595
		1,543,486

		Unrestricted	Unrestricted
		funds	funds
		2020f	2019 6
Interest	receivable	1,295	996

Other incom	e
			Unrestricted	Restricted	Total	Total
			funds	funds
			2020 6	2020f	2020f	2019
Contingency Fixed assets	fund		2,145	1,314 426,258	1,314 428,403
Cyclical maintenance Extraordinary repair		fund fund	2,951	10,000 36,826	12,951 36,826
			5,096	474,398	479,494

Raising fu	nds
				Unrestricted	Unrestricted
				funds	funds
				2020	2019
				5	6
Fundraisin	and	ublicit
Fundraising	and	development	costs	3,633	2,647
Investment	mana	ement		1,000
				4,633	2,647

Charitable activities
		2020 E	2019f
Staff costs		861,999	842,069
Depreciation and impairment Rent and rates		13,395 147,888	3,623 161,879
Light and heat Repairs and maintenance Insurance		40,734 42,782 13,122	32,102 32,431 11,452
Office equipment Travel costs		1,234 22,877	1,807 10,880
Bad debts		18,906	24,711
Legal and professional Computer costs Telephone Postage and stationery Training Recruitment	fees	13,487 28,647 6,273 3,569 8,560 2,773	6,806 4,088 4,898 4,124 7,607 1,722
Activities for residents		6,521	10,430
Housekeeping costs Bank charges General expenses Subscriptions Concierge Catering costs Outsourced project costs		17,316 258 21,360 9,580 140,499 44,1&1	14,140 209 2,981 9,939 146,789 47,071 6,361
		1,465,961	1,388,119
Share ofgovernance	costs (see note 8)	7,812	7,296
		1,473,773	1,395,415
Analysis by fund Unrestricted funds		1,349,634
Restricted funds		124,139
		1,473,773
For the year ended 31 March 2019 Unrestricted funds			1,279,139
Restricted funds			116,276
			1,395,415

Support c	osts
		Support	Governance	2020	2019	Basis of allocation
		costs	costs
		f		6	6
Audit fees			7,812	7,812	7,296	Governance
			7,812	7,812	7,296
Allocated	to
Charitable	activities		7,812	7,812	7,296

Theaverage	monthly num	ber ofemployees	during the year was:
				2020	2019
				Number	Number
Project and	administrative	staff		39	41
Employment	costs			2020 6	2019 6
Wages and saladies Social security costs Other pension costs				785,407 65,628 10,964	771,799 62,989 7,281
				861,999	842,069

11	Tangible fixed assets		Frssbold	land and buiidingsf
	Cost At 1 April 2019 Additions			181,131 631,258
	At 31 March 2020			812,389
	Depreciation and impairment At 1 April 2019 Depreciation charged in the year			18,115 13,395
	At 31 March 2020			31,510
	Carrying amount At 31 March 2020			780,879
	At 31 March 2019			163,016
12	Programme related	investments
	At 1 April 2019 Advances			4,765 3,305
	Recovered amounts			(1,180)
	At 31 INarch 2020			6,890

Debtors	Debtors
Amounts falling due within one year:		2020f	2019 f
Trade debtors		86,761	83,136
Other debtors Prepayments	and accrued income	1,342 15,412	1,250 13,137
		103,515	97,523

14	Creditors: amounts	falling due within one year	2020f	2019f
	Other taxation and social security Trade creditors		18,749 55,700	16,569 38,663
	Other creditors		29	28
	Accruals and deferred	income	76,476	56,914
			150,954	112,174

donations and grants	held on trust for s	pecific purposes:
			Movement	in funds
		Balance at 1	Income	Expenditure Balance at 31
		April 2019 6	6	f	March 2020 6
Rent deposit scheme Gifts in kind		33,175	68,265	(68,265)	33,175
Outreach project Publicity grants Minibus appeal Fixed assets Cyclical maintenance fund Extraordinary repair fund Contingency fund SBCLocality budget grants Client activities grants		1,595 1,000	35,000 11,000 426,258 10,000 36,826 1,314 300 2,900	(35,000) (343) (9,504) (8,525) (34) (2,468)	1,252 2,496 417,733 10,000 36,826 1,314 266 432
		35,770	591,863	(124,139)	503,494

							Nlovement	in	funds
			1	Balance at April 2010 f	Expenditure f	Balance at 1 April 2019	Inccine f	Expenditure 31 f		Balance at March 2020 E
	Freehold land and buildings			166,639	(3,623)	163,016	205,000		(4,870)	363,146
				166,639	(3,623)	163,016	205,000		(4,870)	363,146
	The designated		fund represents	the net book value of the freehold land and buildings
18	Analysis of	net	assets between funds
			Unrestricted		Restricted	Total	Unrestricted		Restdicted	Total
				funds	funds		funds		funds
				2020 f	2020 E	2020 f	2019 f		2019	2019 E
	Fund balances at 31
	March 2020	are
	represented by: Tangible assets			363,146	417,733	780,879	163,016			163,016
	Programme assets	related			6,890	6,890			4,765	4,765
	Current assets/ (liabilities)		1,114,957		78,871	1,193,828	1,088,841		31,005	1,119,846
			1,478,103		503,494	1,981,597	1,251,857		35,770	1,287,627

pg At the reporting end date the charity had outstanding under non-cancellable operating leases, which fall due	commitments for future minimum leas as follows:	e payments
	2020 F	2019f
Within one year Between two and five years In over five years	56,700 226,800 878,850	56,700 226,800 935,550
	1,162,350	1,219,050

20	Related party transactions	Related party transactions
	There were no disclosable related party transactions		during the year (2019- none).
21	Cash generated from operations				2020 6	2019 9
	Surplus for the year				693,970	260,282
	Adjustments for: Investment income recognised in statement offinancial Depreciation and impairment oftangible fixed assets			activities	(1,295) 13,395	(996) 3,623
	Movements in working capital: (Increase)/decrease in programme related (Increase)/decrease in debtors Increase in creditors	assets			(2,125) (5,992) 38,780	783 7,075 16,635
	Cash generated from operations				736,733	287,402
22	Analysis of changes in net funds
	The charity had no debt during the year.