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|||Page|
|---|---|---|
|Trustees'
report||1-5|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|7-to|
|Statement offinancial|activities||
|Balance sheet||12|
|Statement
ofcash flows||13|
|Notes to the financial|statements|14-26|
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|Mr A Curtis|||
|---|---|---|
|Ms RPatterson|(Resigned|12August 2021)|
|Mrs LCopland|(Resigned|11 November 2021)|
|Mrs SForde|(Resigned|13October 2021)|
|Mr R Robinson|(Resigned|31 March 2021)|
|Mrs TCallaghan|||
|Ms J Dolfimore|||
|Me R Manning|||
|MrJ R Raynor|(Resigned|15September 2021)|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2021
f|2021
6|2021
6|2020
8|2020f|2020
6|
|Donations
and legacies||2|335,316|54,820|390,136|40,250|68,265|108,515|
|Charitable
activities||3|1,605,807|92,876|1,698,683|1,533,872|49,200|1,583,072|
|Investments||4|156||156|1,295||1,295|
|Other Income||5||||5,096|474,398|479,494|
|Total Income|||1,94'I,279|147,696|2,088,975|1,580,513|591,863|2,172,376|
|Raising funds||6|4,225||4,225|4,633||4,633|
|Charitable
activities||7|1,827,897|147,362|1,975,259|1,349,634|124,139|1,473,773|
|Total resources|||||||||
|expended|||1,832,122|147,362|1,979,484|1,354,267|124,139|1,478,406|
|Net Income for|the year/||||||||
|Net movement|In funds||109,157|334|109,491|226,246|467,724|693,970|
|Fund balances at 1|||||||||
|April 2020|||1,478,103|503,494|1,981,597|1,251,857|35,770|1,287,627|
|Fund balances|at 31||||||||
|March 2021|||1,587,260|503,828|2,091,088|1,478,103|503,494|1,981,597|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|E||8||
|Fixed assets||||||||
|Tangible assets|||11||901,512||780,879|
|Programme
related|investments||12||8,694||6,890|
||||||910,206||787,769|
|Current assets||||||||
|Debtors|||13|115,280||103,515||
|Cash at bank and|in|hand||1,292,799||1,241,267||
|||||1,408,079||1,344,782||
|Creditors: amounts||falling due within|14|||||
|one year||||(188,397)||(150,954)||
|Net cunent assets|||||1,219,682||1,193,828|
|Total assets less|current liabilities||||2,129,888||1,981,597|
|Creditors: amounts||falling due after|15|||||
|more than one year|||||(38,800)|||
|Net assets|||||2,091,088||1,981,597|
|Income funds||||||||
|Restricted funds|||18||503,828||503,494|
|grZg6)dgtgfi
fu~n||||||||
|Designated
funds|||19|492,304||363,146||
|General
unrestricted||funds||1,094,956||1,114,957||
||||||1,587,260||1,478,103|
||||||2,091,088||1,981,597|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||||
|Cash flows from operating|||activities||||||
|Cash generated||from operations||23||190,060||736,733|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets||||(138,684)||(631,258)||
|Investment|income received||||156||1,295||
|Net cash|used|in investing|activities|||(138,528)||(629,963)|
|Net cash|used|In financing|activities||||||
|Net Increase in||cash and cash equivalents||||51,532||106,770|
|Cash and|cash|equivalents|at beginning|ofyear||1,241,267||1,134,497|
|Cash and|cash|equivalents|at end of|year||1,292,799||1,241,267|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||8|6|8|6|8|6|
|Donations|and gifts|50,906||50,906|40,250||40,250|
|Grant income||284,410||284,410||||
|Gifts in kind|||54,820|54,820||68,265|68,285|
|||335,3'I6|54,820|390,136|40,250|68,265|108,515|
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||||Total|Total|
|---|---|---|---|---|
||||2021|2020|
|Grants and||contracts|443,339|418,007|
|Rent and|residents' fees||1,251,039|1,141,352|
|Management||fees receivable|4,305|23,713|
||||1,898,683|1,583,072|
|Analysis|by|fund|||
|Unrestricted||funds|1,605,807|1,533,872|
|Restricted|funds||92,876|49,200|
||||1,698,683|1,583,072|
||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021|2020|
||||||f|f|
|Interest receivable|||||156|1,295|
|Other Income|||||||
||||Total|Unrestricted|Restricted|Total|
|||||funds|funds||
||||2021
f|2020|2020f|2020f|
|Contingency|fund||||1,314|1,314|
|Fixed assets||||2,145|426,258|428,403|
|Cydlcal maintenance||fund||2,951|10,000|12,951|
|Extraordinary|repair|fund|||36,826|38,826|
|||||5,096|474,398|479,494|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
||||6|F|
|Fundralsing|and publicity||||
|Fundrsislng|snd development|costs|4,225|3,633|
|Investment|management|||1,000|
||||4,225|4,633|
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|||||2021f|2020f|
|---|---|---|---|---|---|
|Staff costs||||949,581|861,999|
|Depreciation|and Impairment|||18,051|13,395|
|Rent and rates||||332,823|147,888|
|Light and heat||||95,756|40,734|
|Repairs and|maintenance|||37,485|42,782|
|Insurance||||13,530|13,122|
|ONce equipment||||11,773|1,234|
|Travel costs||||14,617|22,877|
|Bad debts||||35,353|18,906|
|Legal and professional|||fees|6,528|13,487|
|Computer costs||||15,961|28,647|
|Telephone||||6,378|6,273|
|Postage and|stationery|||6,227|3,569|
|Training||||13,011|8,560|
|Recruitment||||1,261|2,773|
|Activities for|residents|||4,963|6,521|
|Housekeeping|costs|||45,816|17,316|
|Bank charges||||253|258|
|General expenses||||2,781|21,360|
|Subscriptions||||11,061|9,580|
|Concierge||||287,030|140,499|
|Catering costs||||57,100|44,181|
|||||1,967,339|1,465,961|
|Share ofgovernance||costs (see note 8)||7,920|7,812|
|||||1,975,259|1,473,773|
|Analysis
by|fund|||||
|Unrestricted|funds|||1,827,897||
|Restricted
funds||||147,362||
|||||1,975,259||
|Forthe year|ended 31||INarch 2020|||
|Unrestricted
funds|||||1,349,634|
|Restricted funds|||||124,139|
||||||1,473,773|
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|Support|costs||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2021|2020|Basis ofallocation|
|||costs|costs||||
|||6|6||||
|Audit fees|||7,920|7,920|7,812|Governance|
||||7,920|7,920|7,812||
|Allocated|to||||||
|Charitable|activities||7,920|7,920|7,812||
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|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Pro)ect and administrative|staff|42|39|
|Employment
costs||2021|2020|
|||6|6|
|Wages and salaries||861,921|785,407|
|Social security costs||74,248|65,628|
|Other pension costs||13,412|10,964|
|||949,581|861,999|
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|Tangible fix|ed asset|s||||
|---|---|---|---|---|---|
||||Freehold|land|and bulldlnea|
||||||6|
|Cost||||||
|At 1 April 2020|||||812,389|
|Additions|||||138,684|
|At 31 March|2021||||951,073|
|Depreciation|and Impairment|||||
|At 1 April 2020|||||31,510|
|Depreciation|charged|In the year|||18,051|
|At 31 March|2021||||49,561|
|Carrying
amount||||||
|At 31 March|2021||||901,512|
|At 31 March|2020||||780,879|
|Programme|related|Investments||||
|At 1 April 2020|||||6,891|
|Advances|||||2,103|
|Recovered amounts|||||(300)|
|At 31 March|2021||||8,694|
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|Debtors|Debtors|||
|---|---|---|---|
|Amounts
falling due within one year:||2021f|2020
5|
|Trade debtors||97,428|86,761|
|Other debtors||530|1,342|
|Prepsyments|and accrued income|17,322|15,412|
|||115,280|103,515|
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|14|Creditors: amounts|Creditors: amounts|falling|due within one year|||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||||Notes|E|E|
||Other taxation and social security||||||21,733|18,749|
||Deferred|income||||16|42,700||
||Trade creditors||||||99,832|55,700|
||Other creditors||||||11|29|
||Accruals|and deferred|income||||24,121|76,476|
||||||||188,397|150,954|
|15|Creditors: amounts||falling|due after more than one|year||||
||||||||2021|2020|
|||||||Notes||E|
||Deferred|income||||16|38,800||
|16|Deferred|Income|||||||
||||||||2021|2020|
||||||||E|E|
||Other deferred
income||||||81,500||
||Deferred|income is included||in the financial statements|as follows:||||
||||||||2021|2020|
||||||||E|E|
||Current|liabilities|||||42,700||
||Non-current
liabilities||||||38,800||
||||||||81,500||
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|||||Movement|Movement|In funds|||
|---|---|---|---|---|---|---|---|---|
||||Balance at 1|Income|Expenditure||Transfers|Balance at 31|
||||April 2020|||||March 2021|
||||6|6||8|6|6|
|Rent deposit|scheme||33,175|||||33,175|
|Gifts in kind||||54,820|(54,820)||||
|Outreach
project||||35,000|(31,753)||(3,247)||
|Publicity grants|||1,252|||(136)||1,116|
|Minibus appeal|||2,496|||(677)||1,819|
|Fixed assets|||417,733|||(8,525)||409,208|
|Cyclical maintenance||fund|10,000||||(400)|9,600|
|Extraordinary|repair fund||36,826||||(650)|36,176|
|Contingency|fund||1,314|||||1,314|
|SBCLocality|budget|grants|266|||||266|
|Client activities grants|||432|||(416)|(16)||
|Hertfordshire|Community||||||||
|Foundation||||24,722|(20,136)||(4,586)||
|Housing
First|(NH)|||22,000|(10,846)|||11,154|
||||503,494|136,542|(127,309)||(8,899)|503,828|
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|20|Analysis of net assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||6|8|f.|f|6||
||Fund balances at 31|||||||
||March 2021 are|||||||
||represented
by:|||||||
||Tangible assets|492,281|409,231|901,512|363,146|417,733|780,879|
||Programme
related|||||||
||assets||8,694|8,694||6,890|6,890|
||Current assets/|||||||
||(liabilities)|1,133,779|85,903|1,219,682|1,114,957|78,871|1,193,828|
||Long term liabilities|(38,800)||(38,800)||||
|||1,587,260|503,828|2,091,088|1,478,103|503,494|1,981,597|
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|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|
|---|---|---|
||2021|2020|
||6|6|
|Within one year|56,700|56,700|
|Between two and five years|226,800|226,800|
|In over five years|822,150|878,850|
||1,105,650|1,162,350|
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|Cash generated
from|operations||||2021
f|2020
f.|
|---|---|---|---|---|---|---|
|Surplus for the year|||||109,491|693,970|
|Adjustments
for:|||||||
|Investment
Income recognised
In||statement|offinancial|activities|(156)|(1,295)|
|Depredation
and Impairment
oftangible axed assets|||||18,051|13,395|
|Movements
in working|capital:||||||
|Decreasel(increase)
in|programme|related|assets||(1,804)|(2,125)|
|(Increase)
in debtors|||||(11,765)|(5,992)|
|(Decrease)/increase
In|creditors||||(5,257)|38,780|
|Increase
In deferred
Income|||||81,500||
|Cash generated
from|operations||||190,060|736,733|
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