## 

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|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<br>Lane|||||
|||Stevenage|||||
|||Hertfordshire|||||
|||SG1 3LJ|||||
|Auditor||Moore Northern|Home|Counties|Limited||
|||First Floor|||||
|||73-75 High Street|||||
|||Stevenage|||||
|||Hertfordshire|||||
|||SG1 3HR|||||
|Bankers||National<br>Westminster||Bank pic|||
|||26 - 28 Queensway|||||
|||Stevenage|||||
|||Hertfordshire|||||
|||SG1 1BT|||||





## 

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





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||Notes||2020<br>f.|2020f|2020f|2019<br>f.|2019f|2019f|
|Income and endowments||from|||||||
|Donations<br>and legacies||2|40,250|68,265|108,515|32,586|81,276|113,862|
|Charitable<br>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<br>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|





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|||||2020|||2019||
|---|---|---|---|---|---|---|---|---|
||||Holes|8||8|||
|frlrred asset ~|||||||||
|Tangible assets|||11||780,879|||'l63,016|
|Programme<br>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<br>funds|||||503,494|||35,770|
|IlfmgsidglgILhtggs<br>Designated<br>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|





## 

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





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



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





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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2020f|2019<br>6|
|Interest|receivable|1,295|996|



|Other incom|e||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|||
||||2020<br>6|2020f|2020f|2019|
|Contingency<br>Fixed assets|fund||2,145|1,314<br>426,258|1,314<br>428,403||
|Cyclical maintenance<br>Extraordinary<br>repair||fund<br> fund|2,951|10,000<br>36,826|12,951<br>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|





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





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|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||



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





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



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





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



## 



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



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||||||||Nlovement|in|funds||
|---|---|---|---|---|---|---|---|---|---|---|
||||1|Balance at<br> April 2010<br>f|Expenditure<br>f|Balance at<br>1 April 2019|Inccine<br>f|Expenditure<br>31 <br>f||Balance at<br> March 2020<br>E|
||Freehold<br>land and<br>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<br>land and buildings|||||||
|18|Analysis of|net|assets between<br>funds||||||||
||||Unrestricted||Restricted|Total|Unrestricted||Restdicted|Total|
|||||funds|funds||funds||funds||
|||||2020<br>f|2020<br>E|2020<br>f|2019<br>f||2019|2019<br>E|
||Fund balances at 31||||||||||
||March 2020|are|||||||||
||represented<br>by:<br>Tangible assets|||363,146|417,733|780,879|163,016|||163,016|
||Programme<br>assets|related|||6,890|6,890|||4,765|4,765|
||Current assets/<br>(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<br> <br>At the reporting<br>end date the charity<br>had outstanding<br>under non-cancellable<br>operating<br>leases, which<br>fall due|commitments<br>for future<br>minimum<br>leas<br> as follows:|e payments|
|---|---|---|
||2020<br>F|2019f|
|Within one year<br>Between two and five years<br>In over five years|56,700<br>226,800<br>878,850|56,700<br>226,800<br>935,550|
||1,162,350|1,219,050|





## 

## 

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