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2021-12-31-accounts

Charity Registration Number: 1064818

Company Registration Number: 3188162 (England and Wales)

THE CATHEDRAL ARCHER PROJECT LIMITED

REPORTS AND FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

THE CATHEDRAL ARCHER PROJECT LIMITED

CONTENTS

Page
Legal and administrative information 1
2
7
Consolidated statement of financial activities 21
Balance sheets 22
Statement of cash flows 23
Notes to the financial statements 24

THE CATHEDRAL ARCHER PROJECT LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Directors / Trustees

Ian Brownlee Stephen Kober Neil Riley (Chair) Dorrien Peters Resigned 30 September 2021 Surriya Falconer Karl Dalgleish Richard Taylor Julie Gill Resigned 15 February 2021 Dan Brookman Appointed 27 January 2022 Fran Joel Appointed 27 January 2022 Kevin Rhone Appointed 27 January 2022 John Roberts Appointed 27 January 2022

Chief Executive Officer

Tim Renshaw

Registered Office

Cathedral of St Peter & St Paul Church Street Sheffield S1 1HA

Auditors

BHP LLP 2 Rutland Park Sheffield S10 2PD

Bankers

Nat West Bank Plc Co-operative Bank Plc Barclays Bank Plc 42 High Street 60-62 Pinstone Street 10-12 Pinstone Street Sheffield Sheffield Sheffield S1 1QG S1 2HN S1 2HN

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The Trustees and Directors present their report and the audited financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Since the charity qualifies as small under section 383, the strategic report required of medium and large required.

The Cathedral Archer Project Limited is governed by its Articles of Association and is incorporated as a Limited.

Introduction

The Archer Project is a team, a space and a hub designed to provide services for people who are homeless, have been homeless or are threatened with homelessness. We provide a number of services designed to help people move away from homelessness. We believe the end of homelessness should have new opportunities for a satisfying life, whatever that may mean to the individuals who are building a new life. We hope that includes good health and wellbeing, a home that is enjoyed and the chance to take part in the wider society whether that is through employment, belonging to groups and/or giving time as a volunteer. These are the things we look at to measure how successful we are at supporting people.

In the last year, like every other service and business, the way we work has been affected by the covid pandemic and the restrictions imposed or suggested by the Office of the Director of Public Health and national government. We have worked with other charities and the officers of the Director of Public Health in Sheffield to look at the risks our users and our staff have faced in order to mitigate them or promote safe practices.

We are not a stand-alone service. By that we mean that we are much more effective in achieving our aims by working with other similarly skilled services. Our centre is better described as a hub which is open to other organisations to come and use. In 2021 we worked alongside health professionals, mental health professionals, housing providers, probation officers, drug and alcohol treatment services and teams who, like us, work to bring all those specialisms together to help one person at a time to change their life.

Working with other professional services helps to improve our work. For example, learning from probation services to improve the management of risk and learning more about co-production systems from Flourish.

As with most homeless agencies, we follow a Trauma Informed methodology. In brief this means we assume that most people who become street homeless are survivors of childhood trauma or Post Traumatic Stress

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REPORT

Disorder (PTSD) and that their experience of trauma has had a profound impact on their lives. The multiagency approach is touched on again later.

Being Trauma Informed means that we have designed the way we work and the spaces we use to avoid, as much as possible, adding to the trauma people have already experience. The really important thing about working in a Trauma Informed way is that it increases the chances of supporting people who are homeless to change their life patterns and realise their strengths and skills to lead a much richer and fuller life than most dared to dream about.

We achieved a lot in 2021. We supported people away from living on the street, we helped people who wanted to make big changes in their lives to do so and we kept people who are employed through our social enterprises gainfully employed in a difficult economic market. Behind the scenes we improved and strengthened the services we provide. That included establishing the governance arrangements needed to support our growing social enterprises which offer employment to people who are formerly homeless or were at risk of homelessness, and putting the funding in place to start a peer mentor service.

Structure and Governance of the Archer Project

All parts of the Archer Project are important; those people who are or have been homeless and who benefit from our service are also the people who help us run it and design in improvements to the way we work. Our staff team is made up of volunteers and employees, all of whom undertake training and many of whom give feedback in one way or another to help us deliver a better service. Our trustees are appointed because we believe they have particular skills, gifts and values that will bear fruit and improve the way we run the charity. Equally important are those who support us with gifts, donations and encouragement, without whom there would be no service to offer.

Trustees and Directors

Our trustees have the task of ensuring the charity operates within the bounds of the law to deliver its purpose the requirements of both the Charity Commission and Companies House. All of the trustees are members of the company and guarantee to contribute £20 in the event of a winding up.

The trustees meet as a full board six times per year. They delegate aspects of their overall responsibilities and interests to sub-committees and working groups. These are currently:

Trustees are asked to contribute to at least one of these committees or groups alongside regular attendance at full board meetings. In addition, most find ways in which they can take part in the work of the project, volunteering in our kitchen or supporting the development of skills in aspects of the project or working behind

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the scenes to improve administrative or financial processes. We undertake skills gap analysis against perceived skills needs when appointing trustees. The skills trustees bring to their role include marketing and public relations, sales, economic research and evaluation, finance management, human resources management, business and public sector systems.

In 2021 the trustees focused on strengthening the governance of its social enterprises. Archer Project Enterprises Ltd is a trading arm of the Archer Project and offers some different governance challenges to that of the charity. The Archer Project advertised for new Directors with specific skills related to social enterprises and the expected needs of growing existing social enterprises. The new Directors were in place early in 2022. The directors were recruited for their financial, marketing and other business skills.

Why we are here

-region, with particular focus on and concern for those people who are homeless or otherwise experiencing housing difficulties due to their poverty. We believe everybody has a right to a fulfilling and enjoyable life and that there are some important things we do to help people achieve this.

Public benefit

In setting the objectives and planning the activities the directors have given careful consideration to the a charity. But it is more than a legal requirement. It provides us with a positive opportunity to demonstrate the benefits we bring to the public, in return for the financial and other benefits that come from us being a charity. These include:

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REPORT

The way we work

We provide a progressive pathway from street homelessness to a settled and stable life with paid employment. There is no end to the support we offer so that if someone who has made fantastic progress and is in a settled, productive life experiences a relapse, we remain available to them to support them. For example, if a person returns to drug use and it builds to an addiction, we will support them as they tackle the addiction, with the intention that we can prevent them losing all the good things they have gained, their home, their sense of pride and achievement, their hope of a stable life.

The pathway is three overlapping streams of support.

----- Start of picture text -----
Engagement transition Fulfilment
Supporting people who are part of Building a settled life with the
street culture to build routines and rewards of paid employment and
Stabilisation
establish relationships of trust. voluneering. Accommodation is a
Supporting people to strengthen 'home', health issues are addressed
routines and enjoy positive activities. and nobody associates you with
We expect to see improvements in homelessness.
health and accommodation and
interest in new things.
transition transition
----- End of picture text -----

improving in a balanced way because this is most likely to be sustainable progress. So, we measure improvements in accommodation, changes in the way people think about their health and wellbeing and the way people think about their lives as a member of soc

accommodation is an improvement but as they progress the type of accommodation becomes more important, and where that accommodation and who their neighbours are and how comfortably and homely the accommodation feels. These changes evidence the progress made. We can follow similar journeys in the way people look at their health and the way they think about their life as a member of society.

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Our three overlapping streams are:

Engagement : we work with people whose lives are marked by the need to survive day to day. The quote below illustrates the lack of self-worth and hopelessness some the people we work with can initially feel.

Engagement is about giving people space to get to know and trust us and the other services who use our centre. Listening, accepting, and trying to understand are the tools we use. This is the heart of Trauma Informed ways of working, building the relationship that allows someone to think that a different life could be possible.

Case Study

Background: Henry has used the Archer Project since 2019. He is a foreign national who has lived and worked in the UK for many years until mental illness affected his ability to work and his behaviour. He

24 months ago : Henry found the lockdown very difficult. His presenting behaviour appeared aggressive and threatening because he ranted out loud. His ranting was usually at the world in general, od at accommodation. On two occasions in the past two years his behaviour led to people who felt harassed and threatened calling for the police. Henry was found to be carrying a weapon and so the case was and it is not uncommon for people who sleep rough to carry something they intend to use in self-defence.

Our work in Engagement was to build a relationship which allowed progress to be made. Henry was too pre-occupied with his rants to take note of covid safe practices. We had to make working with him conditional on his wearing his mask and maintaining a safe distance. It took a lot of patience. We saw Henry every day. During the first lock down that was seven days per week.

Persistence paid dividends and we established a relationship which meant he felt valued in our centre with two or three of our team but with one person who worked with him most days. The relationship allowed us to support Henry to work with other organisations.

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Progress Journey: We supported Henry to engage with mental health services. At first, he attended the appointments but would not accept the need for treatment. This led to a period when appointments were put on hold. The frequent contact with the Archer Project team involved us reminding him of the possibility of further appointments and the advantages of him dealing with life better if he accepted treatment. We also renewed his contact with immigration lawyers. His claim for settled status had stopped because his behaviour had made appointments and progress impossible. We supported Henry to work with ASSIST, a Sheffield charity specialising in supporting people who have been refused leave to remain in the UK. Henry had no right to benefits and was without any income. Assist were able to support him with a small weekly donation. Alongside a number of other professionals, we advocated for Henry to be reconsidered for accommodation. Finally, we attended court with Henry to support him when he faced trial.

Currently: Henry is working with mental health services and receiving treatment. He was placed in hostel accommodation and has remained there with no problems. He has been assigned a Changing Futures support worker to help address the multiple barriers he still faces getting long term accommodation and rebuilding the settled life he once enjoyed.

Henry comes to the project once or twice per week to check what appointments he has and to meet

Many thanks, first to God, second to the people who work here. Thank you for providing love, food, clothes, showers, laundry, and friendship. Wish the

Stabilisation: When people have some basic routines and life patterns, we can build on them. This may be as simple as someone showing a desire to meet with a particular professional by always attending their meetings, or turning up at the project at the same time every day to use particular services like the shower or nursing clinic.

Case study

Background: Louise was born to parents who were addicted to alcohol and illegal substances. Her childhood involved being taken into care and being looked after by grandmother and aunt. Louise started using drugs and alcohol at a young age, and had her first child in her middle teenage years.

18 months ago: Louise was part of our Engagement stream. She had refused to stay at her accommodation because of negative experiences that had happened there. She was deemed to be surfed, using the accommodation of people she knew to avoid sleeping on the street. On occasions she had to sleep rough. Louise found her pre-teenage daughter mixing with the street community and became very worried at the life she was getting in to, a life Louise knew all too well. Her concern led to social services involvement and the daughter was taken into care.

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under the influence of alcohol. She was self-harming and became more aggressive. Following an assault, she was imprisoned.

Progress Journey: Louise was released from prison with a condition to remain abstinent from alcohol and to support this she was tagged. She complied with this requirement and, apart from celebrating her birthday, she has remained abstinent. Louise encouraged her partner to seek help from mental health services to help address the problems he suffered from. She supported him to attend the appointments. Louise attended all of her probation appointments and built a positive relationship with a probation officer, she engaged with alcohol treatment services to support her abstinence and when she became pregnant, she engaged with social services to undertake courses that may help her keep her baby.

The Archer Project provided a place where she felt safe. She knew it and she knew the staff team. She became part of our Stabilisation stream, and we supported her to volunteer and to attend activities as a way of exploring things she likes to do and to fill empty time.

Currently: Louise is in contact with her children. She has completed on-line training courses on childcare. She remains alcohol free and shows that she is looking after herself in other ways too. She s near the end of her pregnancy, but she still takes part in out during the day, meeting others and receiving the kind of support we all need, a chance to talk and do things that feel rewarding and fulfilling.

Fulfilment : Our aim is to give people the opportunity to feel a sense of fulfilment and success. At the Archer Project this includes the opportunity of paid employment. Alongside healthy living activities and good accommodation, employment has the power to build esteem and new aspirations.

Case Study

Background : Peter, aged 28, grew up in a family where he witnessed domestic violence and abuse. As a young adult he was the victim of a sexual abuse trauma that caused him ongoing anxiety and depression and affected his ability to build trusting and loving relationships. Peter came to the Archer Project at Christmas in 2018 and soon became a volunteer and progressed to our included times of high absenteeism. The following timeline is part of the way we addressed that with Peter.

18 months ago: Peter described his home as depressing. He lived in a flat on the outskirts of Sheffield, away from people he knew and had poor relationships with neighbours, some who he felt threatened by. This started a downward spiral affecting his volunteering, paid employment and his relationship with a new partner and her family. Peter became depressed and spent days in bed. His use of alcohol increased, and he returned to using illegal substances, furthering his bouts of depression-led inactivity.

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Peter was difficult to contact during this time which affected our ability to support him in a consistent way.

Progress Journey : We helped Peter to bid for new accommodation in an area that better suited his life. The Archer Project accessed counselling for Peter, and he completed a course of Schema Therapy. This worked with his Archer Project support workers to plan how he could make his flat a home.

Currently : Peter loves his flat. He has decorated most of it and has enjoyed taking his time so that he could afford the decoration and furnishing he really wanted. He is immensely proud of his flat. Peter has built some new relationships in the community where he lives and says they are positive, filling the free time he wants filled. He has reduced his alcohol consumption. He is not abstinent, and he does not want or the feel the need to be. He is much more consistent with his volunteering and paid employment shifts. Occasionally, his anxiety affects him and ruins his day, but he feels that he can manage his anxiety rather than let it dominate him. He talks about his anxiety and often goes for walks when he starts to feel agitated.

Multi-agency approach

We mentioned earlier the importance of the multi-agency approach and described the Archer Project as a hub. Alongside its team of volunteers and employees, professionals from other organisations of various ti-agency approach working with homeless populations. It is a recognition of the complexity of homelessness, and that its victims frequently suffer from mental health issues, childhood trauma, PTSD, acquired brain injuries and, as a result, need support to tackle multiple barriers if they are to build a sustainable settled life.

The organisations who use the Archer Project include medical services, mental health services, accommodation support workers, probation staff and alcohol and drug treatment services.

The Archer Project and most other services who use the project work in a Trauma Informed way. The recognition that childhood trauma and PTSD are among the biggest causes of homeless lifestyles has led to a focus on training and development that unders development and the ways in which trauma can be addressed.

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Archer Project Enterprises Ltd (APE)

Archer Project Enterprises Limited is a wholly owned trading company of the Cathedral Archer Project Limited. We created social enterprises to help people with a history of homelessness or the risk of homelessness into employment. Our enterprises are:

Printed By Us. We employ people to print, sell and manage the logistics of an environmentally friendly printing business www.printedbyus.org We buy designs from graphic designers and artists local to us in the Sheffield area. These designs are made into high-quality screen-printed posters as well as printed on to t-shirts, hoodies and other items of clothing and onto mugs.

We employ people who are formerly homeless in printing, selling, processing on-line orders, marketing and organisational planning.

Printed By Us was transferred from the Cathedral Archer Project Limited to Archer Project Enterprises Ltd in 2021.

Cleaning. We employ people to provide commercial cleaning services at various venues throughout Sheffield.

Catering. We work with the social enterprise Blend Kitchen (www.blendkitchen.co.uk) to give people access to employment in the catering industry.

All of our employees are paid at the National Living Wage Foundation minimum wage level or above.

The impact of Covid

Throughout 2021 the Archer Project continued to manage its response to the Covid virus. There were two broad elements to this:

  1. Managing service delivery to keep the users of the project and the staff team of volunteers and employees safe. We consulted with other local agencies and were supported by the office of the Director of Public Health in Sheffield. Throughout 2021 we reviewed how many people were allowed into our project space and how the space could be used to prevent the spread of infection. The three aspects of social distance, use of PPE and regular cleaning of touch points were repeatedly reviewed. Our staff team continued to wear masks and were provided with Lateral Flow Tests and asked to complete a weekly PCR test.

  2. Promoting Covid safe practices and vaccinations. We provided information and resources to the people who use our services including a supply of masks for people to wear at the project and to take away, information on vaccinations and where to access them (including vaccination clinics in our project), reminders about washing hands and keeping social distances.

We changed the criteria for entry to the project in order to maintain safe operations. This meant restricting access to our Engagement service to include only people who were without a secure place to live or established income stream. In addition, we worked with people who have particular vulnerabilities which

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THE CATHEDRALARCHER PROJE￿ LIMITED TRUSTEES, ANNUAL REPORT The Archer Project ARCHER PROJECT'S YEAR IN NUMBERS 17 ioPAq IOOO+ Archer Project employ••s (full time eqaivalLiiil Trust• Catering voluntèer slots pèr annum Breakfasts served Lun¢hes serrfed Key servl¢es on offer ooo 612 24 OYO 3,050 0 Partner Volunteers Ipeople worked wilh who b•came volunt••rsl hours asslstSng th• proJ•et Indlvldua15 V151ted the ¢entre 34 Approximately 11.000 People on APE payroll in 2021 lox=lu¢Jinq 4onior mana9omontl Annual hours betV￿en th•m Covid Approach Workedwith a multi-agency team throughout Social gfOUP activities introduced aJ re?trictionJ eaued Outdoor picnics & walks for groups of 6 Indoor activities e.g., pool competitions, festive baking. arts & crafts tv eiisuie viie contirnuity BHP LLP Page 11

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mean regular contact with a service like the Archer Project serves as health check to prevent a decline into serious ill health.

The limiting of numbers has significantly impacted our Stabilisation work. People who have recently been street homeless face many barriers when building a new life, not least the opportunities to join in activities that build momentum to their movement away from homeless groups and street activity. This important work is the area that has been most impeded by the conditions of lockdown and our need to restrict the number of people who can be in the project at any one time.

A.P.E was impacted by the economic downturn caused by the Covid virus. Cleaning contracts were cancelled or reduced. The largest contract with Sheffield BID operated on reduced hours. Work at Blend Kitchen fluctuated as the rules around eating out changed. By contrast Printed By Us benefitted from the down turned economy as the recipient of a free retail unit at Meadowhall. Online sales and Christmas Market sales also increased.

Furlough was used to provide incomes for employees when work had to be cancelled and provided a valuable

Future Plans

In 2022 the Archer Project will:

We will focus on the work of Archer Project Enterprises Ltd, to develop the existing governance structure and the way it relates to the Archer Project board of Trustees. Following the challenges of the Covid pandemic, we aim to strengthen the marketing and increase sales of the social enterprises to the financial security of the enterprises, thereby improving its objective of providing entry level employment opportunities to people who have suffered from homelessness and related social and health issues. We have brought in new board members with specific expertise in this area.

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Financial Review

In 2020 the Archer Project had received an unprecedented level of financial support. Covid related funds and public support for frontline services that remained active delivering services to vulnerable groups during the lockdown periods provided a year when our funds increased. 2021 was a second year of covid with greater insecurities for both trust funds and the general public. Further, the change in work patterns and further periods of lockdown meant that corporate donations and their ability to support fundraising events was reduced.

2021 was a year of reduced income. At the same time, we used the surplus funds from 2020 to invest in the future of the project. IT equipment was updated, HR functions improved and our fundraising skill capacity increased.

Risk factors

  1. Investment into homeless related services in Sheffield by central government has increased since 2020. This has increased the number of frontline workers addressing aspects of homelessness. The Housing First Team, Home at Last Team (HALT), and Changing Futures Team, all developed and/or commissioned from 2020 onwards, are targeted at people who face multiple barriers if they are to leave homelessness behind. This increase benefits the work of the Archer Project. The extra one-to-one capacity in the city has reduced the demand for Engagement service to a more manageable level. However, the government funded work is short term (2- and 3-year packages) and the risk of high demand remains as street homelessness increases in the context of the current financial crisis.

The current reduced demand on our Engagement Service has, in turn, reduced the anti-social behaviour in the proximity of the project and, therefore, taken away some of the reputational risk to the Archer Project.

  1. The economic crisis (2022) remains a threat to our ability to raise funds. Grant funding is subject to two pressures. The impact of high inflation and low interest rates on trusts providing funding may be a medium-term issue as investment returns are unlikely to meet the extra demand on running costs that charities like the Archer Project are experiencing. Grant making and funding bodies may not be able to

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afford to make the impact they previously would have. Secondly, trust funds made many more grants in 2020 than they had predicted and, we believe, many will look to recoup capital, further reducing the impact of their funds in the coming years.

The cost-of-living crisis and the threat of recession will have an impact on household expendable income and, as a consequence, on levels of charitable giving. We believe this is already a factor in reduced regular giving and the return on funding events. The funding team will continually review its strategic approach to focus or re-focus its work on activities that help us achieve the income needed to meet the costs of delivering our services.

  1. The Archer Project has invested in redesigning its centre to deliver better outcomes for people who have experienced homelessness following the arson attack in May 2020. This is a whole programme of work, including a major fundraising effort, over and above the work of the Archer Project. The trustees have delegated the work to a working group of trustees and the CEO to ensure the scheme is realistic, wellplanned, accurately costed, and will not impede the fund-raising work to deliver the projects services.

The proposed plans will improve the way the centre can deliver outcomes by using space differently in line with trauma informed ways of working. It is estimated that the Archer Project will need to raise between £1.5 and £2 million to deliver the scheme. The working group has undertaken a cost benefit analysis which shows that for every one pound it spends on services for homeless adults there is a public sector cost impact of £3.20. In other words, a rebuilt, reconfigured project will provide an effective service in helping Sheffield tackle homelessness; it will add very valuable skills and resources to those services delivered by the local authority and health services.

  1. Archer Project Enterprises Ltd has been established to deliver income generating work in line with the objectives of the Archer Project. It provides employment for people who are formerly homeless or have suffered related vulnerable lifestyles, e.g., have suffered debilitating mental health or addiction with the threat of becoming homeless. Indeed, its primary objective is to support personal progress into employment and the added stability this brings to a settled life. The sustainability of APE Ltd currently depends on support from the Archer Project. This, in turn, places demands on the ability of the Archer Project to raise sufficient income on a dependable basis. To mitigate this, we are strengthening the governance of APE by appointing new directors with skills relating to social enterprises and the growth of small businesses. Additionally, our funding team is reviewing how it can raise funds which focus on

  2. Key Personnel: The Archer project has improved its leadership structure reducing the risk of loss of knowledge and experience in the event of one of its leadership team leaving the project. However, this remains a risk, particularly in the area of social enterprise development and management. The strengthening of the APE governance will reduce this risk further. It will have a detailed understanding of the work involved in developing APE and provide targeted support to the Head of Social Enterprise.

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Financial Position

During 2022 the Archer Project group reported a deficit of £117,709 (2020: surplus £318,889). Within this, restricted funds decreased by £11,540 (2020: decrease of £50,969) and unrestricted reserves decreased by £106,169 (2020: increase of £369,858). Total reserves at the end of 2021 are £388,644 (2020: £506,353) with unrestricted reserves of £309,666 (2020: £415,835) carried forward. In common with many other voluntary sector organisations the Archer Project recognises the inherent uncertainty of its funding streams. Our funding team regularly reviews its performance. Flexibility in fund raising work has been particularly important in the past two years to respond to a changing economy and its impact on grant making trusts, donations and government support schemes.

Policy on reserves

The Board has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity (free reserves) should be at a level sufficient to continue the current activities of the Charity in the event of a short-term significant fall in funding. The Board believes three months operating costs, currently amounting to £100,000, should be held. At £279,616 the level of free reserves at 31 December 2021 is above the target level. The trustees are aware that funding continues to be unpredictable. Both the Board and the Management continue to develop strategies to increase unrestricted reserves and aim to retain these at an acceptable level.

Going concern

As outlined above, free reserves at the end of the year are above target level. Trustees have undertaken detailed reviews of the areas listed below, and having done so consider that it is correct to prepare accounts on a going concern basis.

The forecasts are dependent on being able to raise sufficient income from donations and grants to support the costs of running the charitable group. The trustees recognise that in the current economic climate there are significant uncertainties in achieving this.

The trustees will continue to monitor performance against budget and will take steps to safeguard the finances of the charitable group if necessary.

Taking all these matters into account we consider that it is appropriate to hold reserves above the target level and it is appropriate to prepare accounts on a going concern basis.

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The trustees (who are also directors of The Cathedral Archer Project Limited for the purposes of company law) applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to the auditor

We, the directors of the charitable company who held office at the date of approval of these financial statements as set out above each confirm, so far as we are aware of, that:

Oct 6, 2022 and signed on their behalf by:

Neil Riley Trustee

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LIMITED

Opinion

statement of financial activities, the group and the parent charitable company balance sheet, the group cash flow statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Material uncertainty related to going concern

We draw attention to 1.3 in the going concern. These events or conditions, along with the other matters as set forth in note 1.3, indicate that a material uncertainty exists that may cast significant doubt on the as a going concern.

Our opinion is not modified in respect of this matter.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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LIMITED

Other information

financial statements and our audit The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

  1. year for which the financial statements are prepared is consistent with the financial statements; and

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the group and the parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the

We have nothing to report in respect of the following matters in relation to which the Companies Act and Charities Act 2011 requires us to report to you if, in our opinion:

  1. adequate and sufficient accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or

  2. and returns; or

  4. we have not received all the information and explanations we require for our audit; or

  5. the trustees were not entitled to prepare the financial statements in accordance with the small report and from the requirement to prepare a strategic report.

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LIMITED

Responsibilities of trustees

the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the groups and parent as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

  1. We gained an understanding of the legal and regulatory framework applicable to the entity and the sector in which it operates, and considered the risk of such regulations, including fraud. We designed audit procedures to respond to the risk.

  2. We focused on laws and regulations relevant to the entity which could give rise to a material misstatement in the financial statements. Our testing included discussions with management, Trustees, and those staff with direct responsibility for the compliance of laws and regulations. We also reviewed legal expenses.

  3. We addressed the risk of management override of internal controls, including the testing of journals and review of the nominal ledger. We evaluated whether there was evidence of bias by management or Trustees that represented a risk of material misstatement due to fraud.

Page 19

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

LIMITED

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our r https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-andguidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-foraudit.aspx.

Use of our report

trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that t To the fullest extent permitted by law, we do not members as a body and the the opinions we have formed.

Jane Marshall (Oct 7, 2022 12:59 GMT+1)

Jane Marshall (Senior Statutory Auditor)

For and on behalf of BHP LLP

Statutory Auditor

2 Rutland Park SHEFFIELD S10 2PD Date: Oct 7, 2022

Page 20

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
Notes
Funds
Income from:
£
Donations and legacies
4
411,025
Charitable activities
5
54,936
Other trading activities
6
119,089
Investments
7
22
Other income
8
43,607
Total income
628,679
Expenditure on:
Raising funds
9
118,704
Charitable activities
10
462,390
Other trading activities
12
162,426
Total expenditure
743,520
Net (expenditure)/income for the year
(114,841)
Transfers between funds
20
8,672
Net movement in funds
(106,169)
Reconciliation of funds:
Funds brought forward at 1 January 2021
415,835
Net movement in funds
(106,169)
Funds carried forward at 31 December 2021
309,666		 Unrestricted
Notes
Funds
Income from:
£
Donations and legacies
4
411,025
Charitable activities
5
54,936
Other trading activities
6
119,089
Investments
7
22
Other income
8
43,607
Total income
628,679
Expenditure on:
Raising funds
9
118,704
Charitable activities
10
462,390
Other trading activities
12
162,426
Total expenditure
743,520
Net (expenditure)/income for the year
(114,841)
Transfers between funds
20
8,672
Net movement in funds
(106,169)
Reconciliation of funds:
Funds brought forward at 1 January 2021
415,835
Net movement in funds
(106,169)
Funds carried forward at 31 December 2021
309,666		 Unrestricted
Notes
Funds
Income from:
£
Donations and legacies
4
411,025
Charitable activities
5
54,936
Other trading activities
6
119,089
Investments
7
22
Other income
8
43,607
Total income
628,679
Expenditure on:
Raising funds
9
118,704
Charitable activities
10
462,390
Other trading activities
12
162,426
Total expenditure
743,520
Net (expenditure)/income for the year
(114,841)
Transfers between funds
20
8,672
Net movement in funds
(106,169)
Reconciliation of funds:
Funds brought forward at 1 January 2021
415,835
Net movement in funds
(106,169)
Funds carried forward at 31 December 2021
309,666		 Restricted
Funds

£
199,434
-
-
-
-
199,434
-
202,302
-
202,302
(2,868)
(8,672)		 Total
2021
£
610,459
54,936
119,089
22
43,607
828,113
118,704
664,692
162,426
945,822

(117,709)
-		 Total
2020
£
879,753
57,544
143,854
48
75,965
1,157,164
80,692
643,805
113,778
838,275
318,889
-
318,889
187,464
318,889
506,353
(106,169)
415,835
(106,169)		 (11,540)
90,518
(11,540)		 (117,709)
506,353
(117,709)
309,666 78,978 388,644

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Page 21

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

BALANCE SHEETS AS AT 31 DECEMBER 2021

Notes
ixed assets
ntangible assets
15
angible assets
16
nvestments
17
urrent assets
tock
ebtors
18
ash at bank and in hand
reditors: amounts falling due within
ne year
19
et current assets
otal assets less current liabilities
reditors: amounts falling due after
ne year
19
et assets
21
unds
nrestricted funds
20
estricted funds
20
otal funds		 GROUP
2021
2020
£
£
6,695
2,500
23,355
20,741
-
-
30,050
23,241
53,712
30,379
48,594
82,780
410,539
582,429
512,845
695,588
(111,027)
(129,334)
401,818
566,254
431,868
589,495
(43,224)
(83,142)
388,644
506,353
309,666
415,835
78,978
90,518
388,644
506,353		 CHARITY
2021
2020
£
£
3,200
2,500
22,313
20,741
1
1
25,514
23,242
-
30,379
289,100
239,609
212,454
389,290
501,554
659,278
(95,200)
(119,069)
406,354
540,209
431,868
563,451
(43,224)
(83,142)
388,644
480,309
309,666
389,791
78,978
90,518
388,644
480,309		 CHARITY
2021
2020
£
£
3,200
2,500
22,313
20,741
1
1
25,514
23,242
-
30,379
289,100
239,609
212,454
389,290
501,554
659,278
(95,200)
(119,069)
406,354
540,209
431,868
563,451
(43,224)
(83,142)
388,644
480,309
309,666
389,791
78,978
90,518
388,644
480,309
23,242
30,379
239,609
389,290
659,278
(119,069)
540,209
563,451
(83,142)
480,309
389,791
90,518
480,309

The financial statements have been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 relating to small companies.

The financial statements on pages 21 to 42 were approved by the Board on and were Oct 6, 2022 signed on its behalf by:

Neil Riley Trustee

Company Registration Number: 3188162

Page 22

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021

2021 2020
£ £
Net cash (used in)/provided by operating activities See below (111,564) 336,982
Cash flow from investing activities
Interest income 22 48
Purchase of intangible fixed assets - (2,500)
Purchase of tangible fixed assets (15,224) (11,121)
Cash used in investing activities (15,202) (13,573)
Cash flow from financing activities
Loan repayments (36,868) -
Loan interest payable (8,266) (7,233)
Cash from financing activities (45,124) (7,233)
(Decrease)/increase in cash and cash equivalents in the year (171,890) 316,176
Cash and cash equivalents at the beginning of the year 582,429 266,253
Cash and cash equivalents at the end of the year 410,539 582,429
Reconciliation of net movement in funds to net cash flow from operating activities
2021 2020
£ £
Net (expenditure)/income for the year (117,709) 318,889
Add back depreciation charge 7,590 6,026
Add back amortisation charge 825 -
Deduct interest income shown in investing activities (22) (48)
Add interest payable shown in financing activities 8,266 7,233
Increase in stock (23,333) (23,270)
(Increase)/decrease in debtors 34,186 (12,177)
Increase/(decrease) in creditors (21,367) 40,329
Net cash flow (used in)/provided by operating activities (111,564) 336,982
Analysis of changes in net debt
At 1 Jan 2021
 Cashflows Transfer At 31 Dec 2021
£ £ £ £
Cash at bank and in hand 582,429 (171,890) - 410,539
Debt due within 1 year (36,858) 36,858 (39,918) (39,918)
Debt due after 1 year (83,142) - 39,918 (43,224)
______
462,429 (135,032)
-		 327,397

Page 23

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1 Accounting policies

1.1 General information and basis of preparation

The Cathedral Archer Project is a charitable company limited by guarantee in England and Wales. The address of the registered office is given in the legal and administrative information on page 1 of these financial statements. The nature of poverty.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued on in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The Cathedral Archer Project Limited meets the definition for a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The financial statements are presented in £ sterling which is the functional currency of the charity and rounded to the nearest £.

1.2 Basis of consolidation

The consolidated accounts include the accounts of The Cathedral Archer Project Limited and its subsidiary undertakings on a line by line basis.

Under section 399 of the Companies Act 2006 and SORP 2019 the company is not required to present its own income and expenditure account.

1.3 Going concern

The charitable group has made a deficit in the year of £117,709. Free reserves at 31 December 2021 are £279,616 and above the target level of £100,000.

The trustees have prepared forecasts of income and expenditure for the period to 31 December 2023 and subjected them to sensitivity analysis. The forecasts show that although a further deficit is forecast in the year ended 31 December 2022, the group has sufficient reserves and cash to be able to continue.

The forecasts are dependent on being able to raise sufficient income from donations and grants to support the costs of running the charitable group. The trustees recognise that in the current economic climate there are significant uncertainties in achieving this.

The trustees will continue to monitor performance against budget and put plans in place including the identification and implementation of cost savings, to safeguard the finances of the charitable group if necessary.

It is for these reasons that the trustees continue to adopt the going concern basis in preparing these financial statements.

Page 24

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1.4 Income recognition

Income from donations and grants is recognised in the period in which the charity is entitled to receipt, it is probable and the amount can be measured with reasonable certainty. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Legacies are included when the charity is legally entitled to the income, its receipt is probable and the amount can be quantified with reasonable accuracy. Entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.

Intangible income (for example, assistance in the form of donated services) is included in the Statement of Financial Activities where another party is bearing the financial cost of the resources supplied and the benefit is quantifiable and measurable. Intangible income is included in the period in which the benefit of the resource is received.

CJRS income is recognised in the period to which the claim relates.

1.5 Expenditure recognition

Resources expended are included on an accruals basis inclusive of irrecoverable VAT and have been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Charitable costs are split between direct and support costs based on the use of resources. Governance costs comprise costs for the running of the charity itself as an organisation.

1.6 Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

1.7 Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 25% straight line Leasehold improvements 20% straight line Fixtures & fittings 20% straight line Motor vehicles 20% straight line

Assets are not depreciated in the year of purchase.

Page 25

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1.8 Leases

Operating lease rentals are charged to the income and expenditure account as incurred.

1.9 Employee benefits

When employees have rendered service to the charity short-term employee benefits to which the employees are entitled are recognised at the amount expected to be paid in exchange for that service.

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

1.10 Funds

Restricted funds are funds subject to specific conditions imposed by the donor.

Unrestricted funds are funds generated for general charitable purposes.

1.11 Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

1.12 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.13 Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party. Creditors and provisions are normally recognised at the settlement amount.

1.14 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualifies as basic financial instruments. These are initially recognised at transaction value and subsequently measured at settlement value.

1.15 Tax

The company is considered to pass the tests set out in Sch. 6, para. 1 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Pt. 11, Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 26

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1.16 Judgements and key sources of estimation uncertainty

Critical accounting estimates and areas of judgement

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Page 27

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2 Net income/(expenditure) for the year

This is stated after charging:

2021 2020
£ £
5,646 4,486
Depreciation of tangible assets 7,590 6,026
Depreciation of tangible assets 825 -
Operating lease expenses 17,873 17,020
Cathedral Resources Centre rent 37,500 37,500

3 SOFA prior year comparatives

3
SOFA prior year comparatives		 3
SOFA prior year comparatives
Unrestricted
Funds
Income from:
£
Donations and legacies
627,646
Charitable activities
57,544
Other trading activities
143,854
Investments
48
Other income - CJRS
75,965
Total income
905,057
Expenditure on:
Raising funds
80,692
Charitable activities
350,269
Other trading activities
113,778
Total expenditure
544,739
Net income/(expenditure) for the year
360,318
Transfers between funds
9,540
Net movement in funds
369,858
Reconciliation of funds:
Funds brought forward at 1 January 2020
45,977
Net movement in funds
369,858
Funds carried forward at 31 December 2020
415,835		 Restricted
Funds
£
252,107
-
-
-
-
252,107
-
293,536
-		 Total
2020
£
879,753
57,544
143,854
48
75,965
1,157,164
80,692
643,805
113,778
838,275
318,889
-
318,889
187,464
318,889
506,353
544,739
360,318
9,540
369,858
45,977
369,858
415,835		 293,536

(41,429)
(9,540)
(50,969)
141,487
(50,969)
90,518

Page 28

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4 Donations and legacies

2021
2021
Unrestricted
Restricted
£
£
Abbeydale and Millhouses PCC
10,000
-
Albert Hunt Trust
5,000
-
Albion Valves UK Ltd
20,000
-
Austin & Hope Pilkington Trust
-
1,000
Avila Properties
-
1,083
Aviva Community Fund
-
-
B&Q Foundation
-
5,000
Beatrice Laing Trust
-
-
Big Lottery Changing Lives
-
-
Church Urban Fund
-
35,590
Co-op Local Community Fund
-
-
-
-
DACT Help Us Help
-
2,800
Direct Charcoal Ltd
2,500
-
Dunn Family Charitable Trust
3,750
-
Enterprise Grant
-
-
Evan Cornish Foundation
-
-
Garfield Weston
-
-
Grace Trust
2,000
-
Grail Society
-
-
J G Graves
-
-
HARC
5,000
-
Homeless Link
-
16,967
ITM Power Plc
-
-
Irwin Mitchell
-
-
James Neill Trust Fund
-
-
John Lewis Partnership
-
-
Kada Research
-
-
-
-
Leeds Building Society Foundation
-
1,000
Lloyds TSB Foundation
-
20,000
Metro Finance
5,315
-
Morrisons Foundation
-
-
NHS Sheffield CCG
-
2,500
North Eastern Circuit Charity Committee
2,000
-
Numed Holdings plc
-
-
Sheffield Chamber of Commerce
-
27,645
Sheffield Church Burgesses
8,000
-
Sheffield City Council
-
41,760
Sheffield General Benevolent
2,500
-
Sheffield PCT HCP
-
6,000
Sheffield Town Trust
-
-
South Yorkshire Community Foundation
-
-
South Yorkshire Police
-
-
South Yorkshire Violence Reduction Fund
-
(511)
Swann Morton Foundation
-
-
Talbot Trust
-
4,600
Tramlines
2,720
-
Tudor Trust
-
34,000
Unison
-
-
Utilita
3,437
-
Vivedia Ltd
-
-
Legacies
-
-
Other collections and other donations
338,803
-
411,025
199,434		 2021
Total
£
10,000
5,000
20,000
1,000
1,083
-
5,000
-
-
35,590
-
-
2,800
2,500
3,750
-
-
-
2,000
-
-
5,000
16,967
-
-
-
-
-
-
1,000
20,000
5,315
-
2,500
2,000
-
27,645
8,000
41,760
2,500
6,000
-
-
-
(511)
-
4,600
2,720
34,000
-
3,437
-
-
338,803
610,459		 2020
Total
£
-
-
-
-
3,250
2,064
-
3,000
74,497
9,377
7,517
2,000
5,700
-
2,500
28,195
10,000
5,000
-
5,000
3,000
1,500
30,000
2,000
2,000
2,500
2,000
1,000
2,000
-
27,298
4,800
6,000
-
-
2,500
-
14,000
10,669
-
6,000
12,500
5,000
2,500
-
3,500
-
-
-
3,500
-
5,000
74,620
497,766
879,753

Page 29

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

5
Charitable activities
2021
Unrestricted
£
Just Works activities
50,659
Café
-
Big Issue rental
1,068
Other
3,209
54,936
6
Other trading activities
2021
Unrestricted
£
Cleaning services
30,979
Catering services
358
Printing operations
28,708
Goods sold
388
Rental income
-
Other
58,656
119,089
7
Investment income - unrestricted
Interest receivable
8
Other income - unrestricted
CJRS grants receivable
Kickstart grants receivable		 5
Charitable activities
2021
Unrestricted
£
Just Works activities
50,659
Café
-
Big Issue rental
1,068
Other
3,209
54,936
6
Other trading activities
2021
Unrestricted
£
Cleaning services
30,979
Catering services
358
Printing operations
28,708
Goods sold
388
Rental income
-
Other
58,656
119,089
7
Investment income - unrestricted
Interest receivable
8
Other income - unrestricted
CJRS grants receivable
Kickstart grants receivable		 2021
Restricted
£
-
-
-
-
-
2021
Restricted
£
-
-
-
-
-
-		 2021
Total
£
50,659
-
1,068
3,209
54,936
2021
Total
£
30,979
358
28,708
388
-
58,656		 2020
Total
£
47,361
1,054
849
8,280
57,544
2020
Total
£
85,701
798
958
-
1,650
54,747
143,854

2020
£
48
48
2020
£
75,965
-
75,965
119,089 - 119,089
2021
£
22
22
2021
£
39,812
3,795
43,607

Page 30

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9 Raising funds

9
Raising funds
Staff costs
Volunteer expenses
Office costs
Direct raising funds
Support costs (note 11)
Total raising funds
10 Charitable activities
Staff costs
Volunteer expenses
Accommodation costs
Office costs
Depreciation
Amortisation
Food provision
Client activities and welfare
Just Works activities
Governance costs
Direct charitable activities
Support costs (note 11)
Total charitable activities		 Unrestricted
Restricted
Expenditure
Expenditure
£
£
65,066
-
-
-
35,282
-
100,348
-
18,356
-
118,704
-
Unrestricted
Restricted
Expenditure
Expenditure
£
£
141,719
149,190
10,641
752
70,048
9,279
25,507
29,740
7,590
-
825
-
15,149
4,095
2,286
9,246
17,737
-
24,041
-
315,543
202,302		 Restricted
Expenditure
£
-
-
-
-
-
-		 2021
Total
£
65,066
-
35,282
100,348
18,356
118,704		 2020
Total
£
45,883
24
27,503
73,410
7,282
80,692
2020
Total
£
372,357
8,893
84,402
70,521
6,026
-
11,899
3,937
15,751
11,767
585,553
58,252
643,805

2021
Total
£
290,909
11,393
79,327
55,247
7,590
825
19,244
11,532
17,737
24,041
517,845
146,847
462,390		 -
202,302		 146,847
664,692

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BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

11 Allocation of support costs

The charity allocates its support costs as shown in the table below. The support costs are allocated on the basis of employee time.

Staff costs
Office costs
Professional fees
Bank charges
Total support costs
Total support costs 2020		 Charitable
activities
£
87,163
41,325
16,706
1,653
146,847
58,252		 Raising
funds
£
10,896
5,165
2,088
207
18,356
7,282		 2021
Total
£
98,059
46,490
18,794
1,860
165,203
65,534		 2020
Total
£
21,236
32,960
9,389
1,949
65,534

12 Other trading activities

Expenditure incurred through other trading activities is wholly unrestricted.

Cleaning services cost of sales
Catering services cost of sales
Printing operations costs
Staff costs
Office costs
Professional fees
Bank charges
Bad debts		 2021
Total
£
1,431
-
12,444
135,311
8,791
3,348
885
216
162,426		 2020
Total
£
26,235
238
-
85,346
2,694
426
347
(1,508)
113,778

13 Directors

None of the directors (or any persons connected with them) received any remuneration, benefits or expenses from the company during either year.

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BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

14 Staff costs

Staff costs during the year were as follows:

Wages and salaries
Social security costs
Pension costs
The average number of employees during the year was as follows:		 2021
£
545,932
31,655
11,034
588,621
41		 2020
£
484,553
26,252
14,642
525,447
36

No pension contributions were outstanding at the year end (2020: £nil).

No employee earned over £60,000 during either year.

Aggregate remuneration costs for the senior management team including salary, employer s NI and pension cost was £158,213 (2020: £141,321). The charity considers its senior management team to be the Chief Executive Officer, Deputy Chief Executive, Centre Manager, Administration Manager and Head of Social Enterprise.

Pension contributions for employees are allocated to those activities and funds that the employee salary is allocated to.

Page 33

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

15 Intangible fixed assets

Intangible fixed assets
Charity
Cost
At 1 January 2021
Additions
Group transfer
At 31 December 2021
Amortisation
At 1 January 2021
Charge for the year
Group transfer
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
Group
Cost
At 1 January 2021
Additions
At 31 December 2021
Amortisation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020		 Website
£
-
3,200
-
3,200
-
-
-
-
3,200		 Printing
Rights
£
2,500
-
(2,500)
-
-
825
(825)
-
-		 Total
£
2,500
3,200
(2,500)
3,200
-
825
(825)
-
3,200
-
Website
£
-
5,020		 2,500
Printing
Rights
£
2,500
-		 2,500
Total
£
2,500
5,020
5,020 2,500 7,520
-
-
-
5,020		 -
825
825
1,675		 -
825
825
6,695
- 2,500 2,500

On 1[st] October 2021, Printed by Us operations were transferred from the charity to the subsidiary Archer Project Enterprises Limited. This included printing rights relating to these operations.

Page 34

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

16 Tangible fixed assets

Tangible fixed assets Tangible fixed assets
Leasehold
Charity
Improvements
£
Cost
At 1 January 2021
11,563
Additions
-
Group transfer
-
At 31 December 2021
11,563
Depreciation
At 1 January 2021
9,250
Charge for the year
2,313
Group transfer
-
At 31 December 2021
11,563
Net book value
At 31 December 2021
-
At 31 December 2020
2,313
Leasehold
Group
Improvements
£
Cost
At 1 January 2021
11,563
Additions
-
At 31 December 2021
11,563
Depreciation
At 1 January 2021
9,250
Charge for the year
2,313
At 31 December 2021
11,563
Net book value
At 31 December 2021
-
At 31 December 2020
2,313		 Motor
Vehicles
£
20,565
-
-
20,565
20,565
-
-
20,565
-
-
Motor
Vehicles
£
20,565
-		 Computer
Equipment
£
51,600
7,576
-
59,176
44,832
2,638
-
47,470
11,706
6,768
Computer
Equipment
£
51,600
7,576		 Fixtures &
Fittings
£
64,490
2,628
(2,090)
65,028
52,830
2,639
(1,048)
54,421
10,607
11,660
Fixtures &
Fittings
£
64,490
2,628		 Total
£
148,218
10,204
(2,090)
156,332
127,477
7,590
(1,048)
134,019
22,313
20,741
Total
£
148,218
10,204
11,563
9,250
2,313
11,563
-		 20,565
20,565
-
20,565
-		 59,176
44,832
2,638
47,470
11,706		 67,118
52,830
2,639
55,469
11,649		 158,422
127,477
7,590
135,067
23,355
2,313 - 6,768 11,660 20,741

On 1[st] October 2021, Printed by Us operations were transferred from the charity to the subsidiary Archer Project Enterprises Limited. This included equipment relating to these operations.

Page 35

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

17 Fixed asset investments

Fixed asset investments
Unlisted investments
Investment in subsidiary company		 Group
2021
2020
£
£
-
-
-
-		 Charity
2021
2020
£
£
1
1
1
1
1

Archer Project Enterprises Limited (Company number: 07431294) is a 100% owned subsidiary.

Archer Project Enterprises Limited Profit/(Loss)
£
(43,725)		 Capital and
reserves
£
(17,741)

18 Debtors

Trade debtors
Amounts owed by subsidiary
undertaking
Other debtors
Prepayment and accrued income		 Group
2021
2020
£
£
21,451
13,147
-
-
1,807
6,296
25,336
63,337
48,594
82,780		 Charity
2021
2020
£
£
8,203
6,992
253,795
162,985
2,151
6,296
24,951
63,336
289,100
239,609

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BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

19 Creditors

Creditors: amounts falling due within one year

Trade creditors
Other creditors
Other taxes and social security
Loan		 Group
2021
2020
£
£
28,105
37,175
29,223
39,299
13,781
16,002
39,918
36,858
111,027
129,334		 Charity
2021
2020
£
£
26,420
37,175
22,117
36,523
6,745
8,513
39,918
36,858
95,200
119,069

Creditors: amounts falling due after one year

Group Charity
2021 2020 2021 2020
£ £ £ £
Loan 43,224 83,142 43,224 83,142
43,224 83,142 43,224 83,142
An unsecured loan of £120,000 was received from HomelessLink in 2020, with repayments deferred to
January 2021 due to the coronavirus epidemic.
The loan is repayable by instalments as follows:
2021 2020
£ £
Less than one year 39,918 36,858
Later than one and not later than five years 43,224 83,142
83,142
 120,000

Page 37

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

20 Funds

----- Start of picture text -----
Current year: Transfer
Unrestricted funds Transfer
Balance at between Balance at
Group 1 Jan 2021 Income Expenditure funds 31 Dec 2021
£ £ £ £ £
General funds (Charity) 389,851 509,978 (581,094) 8,672 327,407
Subsidiary - Archer Project
Enterprises Ltd 25,984 118,701 (162,426) - (17,741)
Total unrestricted funds 415,835 628,679 (743,520) 8,672 309,666
Restricted funds
Transfer
Balance at between Balance at
Group and Charity 1 Jan 2021 Income Expenditure funds 31 Dec 2021
£ £ £ £ £
Austin & Hope Pilkington Trust - 1,000 - - 1,000
Avila Properties - 1,083 (1,083) - -
Aviva Community Fund 2,064 - (1,510) - 554
B&Q Foundation - 5,000 (5,000) - -
Beatrice Laing Trust 2,519 - (2,519) - -
Big Lottery Changing Lives 9,215 - (9,215) - -
Church Urban Fund 9,377 35,590 (28,137) (2,628) 14,202
Co-op Local Community Fund 3,546 - (2,263) - 1,283
DACT Help Us Help 4,036 2,300 (1,892) - 4,444
DACT Help Us Help Covid support 700 500 - - 1,200
Evan Cornish Foundation 6,097 - (6,097) - -
Homeless Link 17,527 - (8,266) - 9,261
Homeless Link Cold Weather Fund - 16,967 (16,967) - -
LankellyChase Foundation 4,289 - - - 4,289
Leeds Building Society Foundation - 1,000 - (1,000) -
Lloyds TSB Foundation 13,333 20,000 (20,000) - 13,333
Metro Finance 4,126 - - (4,126) -
NHS Sheffield CCG - 2,500 (2,500) - -
Sheffield Chamber of Commerce - 27,645 (25,961) - 1,684
Sheffield City Council 1,170 41,760 (31,594) - 11,336
Sheffield PCT HCP - 6,000 (6,000) - -
Sheffield Town Trust 2,160 - - - 2,160
SY Violence Reduction Fund 511 (511) - - -
Talbot Trust - 4,600 (2,480) - 2,120
Tudor Trust 9,848 34,000 (30,818) (918) 12,112
Total restricted funds 90,518 199,434 (202,302) (8,672) 78,978
Total funds - Group 506,353 828,113 (945,822) - 388,644
Total funds - Charity 480,309 709,412 (783,337) - 406,384
----- End of picture text -----

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BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

20 Funds continued

----- Start of picture text -----
Prior year:
Unrestricted funds Transfer
Balance at between Balance at
Group 1 Jan 2020 Income Expenditure funds 31 Dec 2020
£ £ £ £ £
General funds (Charity) 45,663 763,993 (429,345) 9,540 389,851
Subsidiary - Archer Project
Enterprises Ltd 314 141,064 (115,394) - 25,984
Total unrestricted funds 45,977 905,057 (544,739) 9,540 415,835
Restricted funds Transfer
Balance at between Balance at
Group and Charity 1 Jan 2020 Income Expenditure funds 31 Dec 2020
£ £ £ £ £
Avila Properties - 3,250 (3,250) - -
Aviva Community Fund - 2,064 - - 2,064
The Beatrice Laing Trust 1,458 3,000 (1,939) - 2,519
Big Lottery Changing Lives 17,308 74,497 (82,590) - 9,215
Church Urban Fund - 9,377 - - 9,377
Co-op Local Community Fund - 5,117 (1,571) - 3,546
DACT Help Us Help 4,213 500 (677) - 4,036
DACT Help Us Help Covid support - 5,200 (4,500) - 700
Enterprise Grant 7,154 28,195 (31,809) (3,540) -
Evan Cornish Foundation 7,708 10,000 (11,611) - 6,097
Garfield Weston 25,000 - (25,000) - -
Grail Society - 5,000 - (5,000) -
Homeless Link 24,759 - (7,232) - 17,527
Homeless Link Covid - 30,000 (30,000) - -
J G Graves - 3,000 (3,000) - -
Kada Research Limited - 1,000 - (1,000) -
LankellyChase Foundation 4,289 - - - 4,289
Lloyds TSB Foundation 13,333 20,000 (20,000) - 13,333
Lloyds TSB Foundation Covid - 7,038 (7,038) - -
Metro Finance - 4,800 (674) - 4,126
Neighbourly Community - 400 (400) - -
Sheffield Church Burgesses Trust - 2,000 (2,000) - -
Sheffield City Council - 10,669 (9,499) - 1,170
Sheffield PCT HCP - 6,000 (6,000) - -
Sheffield Town Trust - 8,500 (6,340) - 2,160
South Yorkshire Community Foundation - 5,000 (5,000) - -
South Yorkshire Police - 2,500 (2,500) - -
Swann Morton Foundation - 3,500 (3,500) - -
SY Violence Reduction Fund 6,811 - (6,300) - 511
Tudor Trust 29,454 - (19,606) - 9,848
Unison - 1,500 (1,500) - -
Total restricted funds 141,487 252,107 (293,536) (9,540) 90,518
Total funds - Group 187,464 1,157,164 (838,275) - 506,353
Total funds - Charity 187,150 1,016,100 (722,941) - 480,309
----- End of picture text -----

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BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

20 Funds continued

The purpose of restricted funds are:

Transfers between funds

A transfer has been made from restricted funds to unrestricted for the net book value of restricted tangible fixed assets where the conditions of the funding has been fulfilled, and the assets are used for the general objectives of the charity.

Page 40

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

21 Analysis of assets between funds

Unrestricted
funds
£
Current year
Intangible fixed assets
6,695
Tangible fixed assets
23,355
Current assets
433,867
Creditors: amounts falling due within one year
(111,027)
Creditors: amounts falling due after one year
(43,224)
309,666
Unrestricted
funds
£
Prior year
Intangible fixed assets
2,500
Tangible fixed assets
20,741
Current assets
605,070
Creditors: amounts falling due within one year
(129,334)
Creditors: amounts falling due after one year

(83,142)
415,835		 Unrestricted
funds
£
Current year
Intangible fixed assets
6,695
Tangible fixed assets
23,355
Current assets
433,867
Creditors: amounts falling due within one year
(111,027)
Creditors: amounts falling due after one year
(43,224)
309,666
Unrestricted
funds
£
Prior year
Intangible fixed assets
2,500
Tangible fixed assets
20,741
Current assets
605,070
Creditors: amounts falling due within one year
(129,334)
Creditors: amounts falling due after one year

(83,142)
415,835		 Restricted
funds
£
-
-
78,978
-
-
78,978
Restricted
funds
£
-
-
90,518
-
-		 Total
£
6,695
23,355
512,845
(111,027)
(43,224)
388,644
Total
£
2,500
20,741
695,588
(129,334)
(83,142)
506,353
415,835 90,518

22 Commitments under operating leases

At 31 December 2021 the company had future minimum lease payments under non-cancellable operating leases as follows:


Land and buildings
Less than one year
Later than one and not later than five years
Greater than five years		 2021
£
49,801
4,539
-		 2020
£
54,520
52,919
-
107,439
54,340

23 Property commitment to Sheffield Cathedral

The CAP is housed in the Cathedral Resources Centre which is rented from Sheffield Cathedral. A new operating lease was agreed in 2017, expiring 3 November 2022. The annual rent paid was £37,500 (2020: £37,500).

Page 41

BHP LLP

THE CATHEDRAL ARCHER PROJECT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

24 Related party transactions

During the year, trustees made donations totalling £7,278.

P Renshaw, son of Chief Executive T Renshaw, was employed by the charity during the year. Remuneration paid in the year was £18,802.

During the year The Cathedral Archer Project Limited made charges to its subsidiary Archer Project Enterprises Limited of £117,053 for payroll (2020: £85,574), and £9,161 for other costs (2020: £1,661). The Printed by Us operations were transferred into Archer Project Enterprises on 1[st] October 2022 at a value of £55,961. £77,729 was paid from Archer Project Enterprises Limited to the Cathedral Archer Project Limited during the year for repayment of prior year balances (2020: nil).

The loan balance at 31 March 2022 was £271,535 (2021: £162,984).

At the year end a provision has been made for £17,740 in the Cathedral Archer Project Limited company accounts relating to the net liabilities of Archer Project Enterprises.

Page 42

BHP LLP