2023-03-31-accounts - The Haven Wolverhampton

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		Page
Report ofthe Trustees	1	to	9
Report ofthe Independent Auditors	10	to	13
Statement ofFinancial Activities		14
Balance Sheet		15
Cash Flow Statement		16
Notes to the Cash Flow Statement		17
Notes to the Financial Statements	18	to	30

for the Year Ended 31 March 2	023
					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f	E		F
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	368,105	38,221	406,326	352,221
Charitable activities
Accommodation charges			1,140,822		1,140,822	966,425
Grants and contracts			770,933	1,096,792	1,867,725	1,439,515
Investment income			4,085		4,085	293
Other income			35,301		35,301	27,767
Total			2,319,246	1,135,013	3,454,259	2,786,221
EXPENDITURE ON
Raising funds		5	159,554		159,554	173,101
Charitable activities
Refuge costs			1,017,818	1,078,246	2,096,064	1,763,617
Special projects			859,538		859,538	860,310
Total			2,036,910	1,078,246	3,115,156	2,797,028
NET INCOME/(EXPENDITURE)			282,336	56,767	339,103	(10,807)
Transfers between funds		19	(2,000)	2,000
Net movement in funds			280,336	58,767	339,103	(10,807)
RECONCILIATION OF FUNDS
Total funds brought forward			1,990,895	284,791	2,275,686	2,286,493
TOTAL FUNDS CARRIED FORWARD			2,271,231	343,558	2,614,789	2,275,686

Balance Sheet 31 March 2023
				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f	E		E
FIXEDASSETS
Tangible assets	12	1,971,366		1,971,366	1,418,100
CURRENT ASSETS
Debtors	13	240,223	15,736	255,959	495,247
Cash at bank		728,234	470,072	1,198,306	637,479
		968,457	485,808	1,454,265	1,132,726
CREDITORS
Amounts falling due within one year	14	(168,633)	(142,250)	(310,883)	(140,740)
NET CURRENT ASSETS		799,824	343,558	1,143,382	991,986
TOTAL ASSETS LESSCURRENT
LIABILITIES		2,771,190	343,558	3,114,748	2,410,086
CREDITORS
Amounts falling due after more than one year	15	(499,959)		(499,959)	(134,400)
NET ASSETS		2,271,231	343,558	2,614,789	2,275,686
FUNDS	19
Unrestricted funds				2,271,231	1,990,895
Restricted funds				343,558	284,791
TOTAL FUNDS				2,614,789	2,275,686

					2023	2022
				Notes	E	F
Cash flows from	operating		activities
Cash generated from operations				1	805,897	(152,491)
Net cash provided	by/(used		in) operating	activities	805,897	(152,491)
Cash flows from	investing		activities
Purchase oftangible fixed assets					(630,114)	(224,005)
Interest received					4,085	293
Net cash used in	investing	activities			(626,029)	(223,712)
Cash flows from	financing		activities
New loans in year					385,000	140,000
Loan repayments	in year				(4,041)
Net cash provided	by financing activities				380,959	140,000
Change in cash	and cash		equivalents
in the reporting	period				560,827	(236,203)
Cash and cash equivalents			at the
beginning ofthe	reporting		period		637,479	873,682
Cash and cash equivalents			at the end
ofthe reporting	period				1,198,306	637,479

RECONCILIATION	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM	OPERATING
ACTIVITIES
					2023	2022
Net income/(expenditure)		for the reporting		period (as	per the
Statement ofFinancial		Activities)			339,103	(10,807)
Adjustments for:
Depreciation charges					76,848	60,022
Interest received					(4,085)	(293)
Decrease/(increase)	in debtors				239,288	(123,606)
Increase/(decrease)	in creditors				154,743	(77,807)
Net cash provided	by/(used		in) operations		805,897	(152,491)

ANALYSIS OF CHAN	GES IN NET FUNDS
		At1.4.22	Cash flow	At 31.3.23
		F	E	f
Net cash
Cash at bank		637,479	560,827	1,198,306
		637,479	560,827	1,198,306
Debt
Debts falling due within	1 year	(5,600)	(15,400)	(21,000)
Debts falling due after 1 year		(134,400)	(365,559)	(499,959)
		(140,000)	(380,959)	(520,959)
Total		497,479	179,868	677,347

to the Financial Statements - Year Ended 31 March 2023	to the Financial Statements - Year Ended 31 March 2023	to the Financial Statements - Year Ended 31 March 2023	conti	nu	ed
DONATIONS AND LEGACIES
											2023	2022
												E
Gifts											122,560	108,392
Donations											278,766	243,829
Legacies											5,000
											406,326	352,221
INVESTMENT INCOME
											2023	2022
												E
Deposit account interest											4,085	293
INCOME FROM CHARITABLE			ACTIVITIES
											2023	2022
		Activity										f.
Accommodation charges		Accommodation					charges				1,140,822	966,425
Grants		Grants		and contracts							1,867,725	1,439,515
											'3,008,547	2,405,940
Grants received, included		in the	above,		are as		follows:
											2023	2022
BBCChildren in Need											36,140	32,670
CWC Housing Related	Support		Services								8,000	(5,937)
City ofWolverhampton	Council		- Contract 'Services					to	women	who
are victims ofdomestic	violence		and	abuse'							710,483	716,477
Police 8 Crime Commissioner 'Victims					Funding		EOI'				106,101	131,878
Comic Relief												2,076
Barclays 100X100UK COVID-19 Community							Relief	Fund				75,000
DVPP											32,038	36,526
BBCChildren In Need's	COVID-19 Next Steps						Programme part
funded by the Department		for Culture,			Media	and Sport (DCMS)						62,066
Charles Hayward Foundation											23,500	23,500
Sainsbury's Community	Grant Scheme											1,500
City ofWolverhampton	Council		- Dept.		for Education							1,464
Supported by Norfolk Community Foundation						through			Bolton	Trust
Revenue Fund											4,000
Volant Charitable Trust												14,768
City ofWolverhampton	Council		- Contract Services to						women	who
are victims ofdomestic	violence		and	abuse							602,012	200,671
5/344 Transport 8 General		Workers		Union Benevolent					Fund Charity			20,000
Schroder Charity Trust												5,000
Police 8 Crime Commisioner Fund E01											101,407	48,000
Swire Charitable Trust												10,000
The 29th May 1961Charity												6,000
The WISH Fund Catalytic Grant			programme			supported			by the
Clothworkers' Foundation											5,000
The Wolverhampton VCR		Partnership			- Community			Renewal		Fund	8,431
Carried forward											1,637,112	1,381,659

INCOME FROM CHAR	IT	ABLE AC	TIVITIES -	continued
					2023	2022
						E
Brought forward					1,637,112	1,381,659
National Grid Electricity	Distribution		Community	Matters Fund	9,500
Henry Smith Charity					25,725
Santander UK Foundation		Limited			14,795
Sandwell Metropolitan	Borough Council				15,350
Sandwell Metropolitan	Borough Council				15,950
Telford &Wrekin Council					26,639
Hemraj Goyal Foundation					11,992
Other Grants					110,662	57,856
					1,867,725	1,439,515

Other trading activities
		2023	2022
			E
Staff costs		93,316	108,227
Other direct costs		17,409	19,215
Support costs		48,829	45,659
		159,554	173,101
CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs	note 7)	Totals
		E	E
Refuge costs	1,670,716	425,348	2,096,064
Special projects	582,985	276,553	859,538
	2,253,701	701,901	2,955,602

SUPPORT C		OSTS
						Governance
					Other	costs	Totals
					F	E	F
Other trading		activities			48,829		48,829
Refuge costs					425,348		425,348
Special projects					259,910	16,643	276,553
					734,087	16,643	750,730
Support costs, included			in the above, are as follows:
						2023	2022
			Other
			trading	Refuge	Special	Total	Total
			activities	costs	projects	activities	activities
			f.	E	E		F
Wages			31,369	294,867	188,735	514,971	344,979
Premises related			1,215	8,262	4,952	14,429	29,330
Office supplies		and
services			14,748	100,299	60,120	175,167	210,312
Financial costs				11,738		11,738
Depreciation	oftangible
fixed assets			1,497	10,182	6,103	17,782	25,699
Wages - Governance					3,708	3,708	3,504
Governance	costs				11,112	11,112	10,388
Sundry costs-
Governance					1,823	1,823	1,478
			48,829	425,348	276,553	750,730	625,690

		2023	2022
		f	F
Depreciation - owned assets		76,848	60,022
Auditors'	remuneration	8,400	8,400
Operating	leases	72,441	30,552

			2023	2022
			E	F
Subscriptions			199	254
Recruitment			12
Trustee indemnity	insurance	for all trustees	1,154	1,764

STAFF COSTS
	2023	2022
	E	E
Salaries and wages	1,647,280	1,545,857
Agency	22,487	1,2,704
Social security	134,841	102,693
Pension costs	101,675	74,070
Health care	4,389	2,651
	1,910,672	1,737,975

						2023	2022
Charitable	activities					63	60
Fundraising						3	3
Support						6	5
						72	68
No employees		received emoluments		in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL					ACTIVITIES
					Unrestricted	Restricted	Total
					funds	funds	funds
						F
INCOME AND		ENDOWMENTS	FROM
Donations	and	legacies			323,984	28,237	352,221
Charitable	activities
Accommodation		charges			966,425		966,425
Grants and	contracts				710,540	728,975	1,439,515
Investment	income				293		293
Other income					27,557	210	27,767
Total					2,028,799	757,422	2,786,221

for th	e Year Ended 31 March 2023	e Year Ended 31 March 2023
11.	COMPARATIVES FOR THE		STATEMENT OF FINANCIAL		ACTIVITIES - continued
					Unrestricted	Restricted	Total
					funds	funds	funds
							E
	EXPENDITURE ON
	Raising funds				173,101		173,101
	Charitable activities
	Refuge costs				996,280	767,337	1,763,617
	Special projects				860,310		860,310
	Total				2,029,691	767,337	2,797,028
	NET INCOME/(EXPENDITURE)				(892)	(9,915)	(10,807)
	Transfers between	funds			150,080	(150,080)
	Net movement in funds				149,188	(159,995)	(10,807)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			1,841,707	444,786	2,286,493
	TOTAL FUNDS CARRIED FORWARD				1,990,895	284,791	2,275,686
12.	TANGIBLE FIXEDASSETS
				Fixtures
			Freehold	and	Motor	Computer
			property	fittings	vehicles	equipment	Totals
				E	E		E
	COST
	At 1 April 2022		1,794,199	157,635	12,995	213,605	2,178,434
	Additions		563,993	66,121			630,114
	Disposals				(12,995)		(12,995)
	At 31 March 2023		2,358,192	223,756		213,605	2,795,553
	DEPRECIATION
	At 1 April 2022		387,016	146,718	12,995	213,605	760,334
	Charge for year		47,152	29,696			76,848
	Eliminated on disposal				(12,995)		(12,995)
	At 31 March 2023		434,168	176,414		213,605	824,187
	NET BOOK VALUE
	At 31 March 2023		1,924,024	47,342			1,971,366
	At 31 March 2022		1,407,183	10,917			1,418,100

	2023	2022
Cost	1,248,865	1,248,865
Depreciation	i575 2133	(550 2360)
Net Book Value	673652	696629

DEBTORS:A	MOUNT	S F	AL	LING DUE WITHIN ONE YEAR
					2023 f	2022 f
Other debtors					233,645	149,979
Less reserves	for bad	debts			(9,293)	(26,268)
Prepayments	and accrued		income		31,607	371,536
					255,959	495,247
CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023 f	2022 f
Bank loans and overdrafts			(see note 16)		21,000	5,600
Social security	and other taxes				29,743	29,847
Other creditors					58,402	66,530
Accruals and deferred		income			59,488	35,793
Deferred income					142,250	2,970
					310,883	140,740
CREDITORS:	AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
					2023 f	2022 f
Bank loans (see note		16)			499,959	134,400
LOANS
An analysis of	the maturity		of	loans is given below:
					2023 f	2022
Amounts falling due within			one year on demand:
Bank loans					21,000	5,600
Amounts falling due between				two and five years:
Bank loans -2-5years					84,000	22,400

16.	LOANS -		continued
						2023	2022
	Amounts	falling due in more than five years:
	Repayable		by instalments:
	Bank loans more 5 yr by instal					415,959	112,000
17.	LEASING		AGREEMENTS
	Minimum		lease payments	under non-cancellable	operating	leases fall due as follows:

			2023	2022
				F
Within one year			104,048	33,072
Between one	and five years		94,628	66,456
			198,676	99,528
SECURED DEBTS
The following	secured debts are included	within creditors:
			2023	2022
Bank loans			520,959	140,000

MOVEMENT IN FU	NDS
			Net	Transfers
			movement	between	At
		At 1.4.22	in funds	funds	31.3.23
			E	F	P
Unrestricted funds
General fund		1,990,895	282,336	(2,000)	2,271,231
Restricted funds
Property Renovation	-grants and
donations		43,310			43,310
Family & Children's	Projects	34,220	3,984	2,000	40,204
Advice and Support	Projects	191,277	36,098		227,375
Core Provision/Services		6,133			6,133
Counselling		9,851	10,144		19,995
Staff Grants			6,541		6,541
		284,791	56,767	2,000	343,558
TOTAL FUNDS		2,275,686	339,103		2,614,789

Net movement	in fu	nds, included in the abov	e are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E	F	E
Unrestricted	funds
General fund			2,319,246	(2,036,910)	282,336
Restricted funds
Family & Children's		Projects	755,129	(751,145)	3,984
Advice and Support		Projects	298,800	(262,702)	36,098
Counselling			20,667	(10,523)	10,144
Staff Grants			60,417	(53,876)	6,541
			1,135,013	(1,078,246)	56,767
TOTAL FUNDS			3,454,259	(3,115,156)	339,103

Comparativ	es	for	move	ment in funds
						Net	Transfers
						movement	between	At
					At 1.4.21	in funds	funds	31.3.22
					E'	E	F
Unrestricted		funds
General fund					1,841,707	(892)	150,080	1,990,895
Restricted	funds
Property Renovation			-grants and
donations					169,810	17,682	(144,182)	43,310
Family 8 Children's			Projects		65,036	(29,383)	(1,433)	34,220
Advice and	Support		Projects		168,859	22,418		191,277
International		Projects			4,168		(4,168)
Core Provision/Services					17,692	(11,559)		6,133
Counselling					18,490	(8,639)		9,851
Volunteers	8	Community		Engagement	731	(434)	(297)
					444,786	(9,915)	(150,080)	284,791
TOTAL FUNDS					2,286,493	(10,807)		2,275,686

Comparative net mo	veme	nt in funds, included in	the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F	E	E
Unrestricted funds
General fund			2,028,799	(2,029,691 )	(892)
Restricted funds
Property Renovation	-grants and
donations			24,182	(6,500)	17,682
Family & Children's	Projects		357,752	(387,135)	(29,383)
Advice and Support	Projects		326,712	(304,294)	22,418
Core Provision/Services			48,776	(60,335)	(11,559)
Counselling				(8,639)	(8,639)
Volunteers &Community		Engagement		(434)	(434)
			757,422	(767,337)	(9,915)
TOTAL FUNDS			2,786,221	(2,797,028)	(10,807)

A current y	ea	r 12m	onths	and prior year	12 months combine	d position is as	follows:
						Net	Transfers
						movement	between	At
					At 1.4.21	in funds	funds	31.3.23
					F	E	E
Unrestricted		funds
General fund					1,841,707	281,444	148,080	2,271,231
Restricted	funds
Property Renovation			-grants and
donations					169,810	17,682	(144,182)	43,310
Family 8 Children's			Projects		65,036	(25,399)	567	40,204
Advice and	Support		Projects		168,859	58,516		227,375
International		Projects			4,168		(4,168)
Core Provision/Services					17,692	(11,559)		6,133
Counselling					18,490	1,505		19,995
Volunteers	&	Community		Engagement	731	(434)	(297)
Staff Grants						6,541		6,541
					444,786	46,852	(148,080)	343,558
TOTAL FUNDS					2,286,493	328,296		2,614,789

			Incoming	Resources	Movement
			resources	expended	in funds
				E
Unrestricted funds
General fund			4,348,045	(4,066,601 )	281,444
Restricted funds
Property Renovation	-grants and
donations			24,182	(6,500)	17,682
Family & Children's	Projects		1,112,881	(1,138,280)	(25,399)
Advice and Support	Projects		625,512	(566,996)	58,516
Core Provision/Services			48,776	(60,335)	(11,559)
Counselling			20,667	(19,162)	1,505
Volunteers &Community		Engagement		(434)	(434)
Staff Grants			60,417	(53,876)	6,541
			1,892,435	(1,845,583)	46,852
TOTAL FUNDS			6,240,480	(5,912,184)	328,296
Transfers between	funds