## **FILWOOD HOPE LTD**
**FINANCIAL STATEMENTS**
## **31 MARCH 2021**
**Company Registration Number 03487393 Charity Number 1067441**
**Filwood Hope Ltd**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 March 2021**
|**CONTENTS**|**PAGE**|
|---|---|
|Reference and administrative details of the charity and its||
|advisors|**1**|
|Trustees annual report|**2 to 5**|
|Independent Examiners report|**6**|
|Statement of financial activities (including income and||
|expenditure account)|**7**|
|Balance sheet|**8**|
|Notes to the financial statements|**9 to 17**|
## **Filwood Hope Ltd**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS ADVISORS**
## **YEAR ENDED 31 MARCH 2021**
|**Charity Name**|Filwood Hope Limited||
|---|---|---|
|**Company number**|03487393||
|**Charity number**|1067441||
|**Registered office**|Filwood Hope Centre, 11 & 13 Filwood Broadway, Knowle West||
||Bristol, BS4 1JL||
|**Trustees**|Trustees, who are also directors under company law, who||
||served during the year and up to the date of this report were as||
||follows:||
||G E Blacker|Resigned 2ndFeb 2021|
||B A Morris||
||E M Palairet||
||D G Redshaw Chairperson||
||C Gardiner|Appointed 21stJan 2021|
||N Piggot|Appointed 21stJan 2021|
|**Key Management**|||
|**Personnel**|Margaret Aitken & Laura Hathway||
|**Bankers**|Bank of Scotland, 33 Old Broad Street, London||
|**Independent**|Geoff Archer||
|**Examiner**|Bristol Community Accountants CIC||
||The Park, Daventry Road, Bristol, BS4|1DQ|
**- 1 -**
## **Filwood Hope Ltd**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2021**
## **Objectives and activities**
The objects for which the charity is established are:
1. The prevention or relief of emotional, spiritual, or financial hardship in Knowle West and surrounding area by providing access to advice and services which might not otherwise be accessed through lack of means by:
- Providing a drop-in advice centre, offering a friendly, relaxed atmosphere where clients can talk through their issues in a safe and confidential setting. We handle any enquiry, seeking to help the client resolve their difficulty. To support clients our activities include making telephone calls, writing letters, filling forms, contacting local and statutory bodies.
- Specialist advisors being available during the week to give confidential advice.
2. To promote social inclusion through developing the capacity and skills of individuals in Knowle West and surrounding area to enable people to identify and help meet their own needs and to participate more fully in the community.
In planning our objectives and activities we have had regard to the Charity Commission’s guidance on public benefit.
## **Strategic report**
The following sections for achievements and performance and financial review form the strategic report of the charity.
## **Our people**
The objects of the charity are delivered through people giving of themselves. The centre is staffed by three part-time staff and seven volunteers.
The board offers its thanks for the staff team’s willingness to work through uncertainty, for the volunteer team’s support in re-opening the advice centre, and for all the IT support we received at our time of need.
We acknowledge with gratitude the late Graham Blacker’s 20+ years of service to Filwood Hope, where he was a long-standing volunteer and trustee. His mantra ‘keep on going’ was exemplified by his contribution to the local area, which was recognised in local awards and the Lord Mayor’s medal.
Two new trustees were appointed at the charity’s AGM, they joined the governing body and now offer leadership and oversight of safeguarding, health and safety, and technology.
**- 2 -**
## **Filwood Hope Ltd**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2021**
## **Achievements and performance**
At the end of March 2020, we suspended face-to-face work at the advice centre in accordance with HM Government guidance to save the lives of our staff, volunteers, and clients from the Covid-19 coronavirus.
None of our staff joined the furlough scheme, as we knew the need for our service had not gone away.
While our doors were closed,
- our service was accessible by telephone and email: we responded to more than 240 telephone and 120 email enquiries from all over the city (over 40% of these were from people who had not accessed our services before).
- we configured, tested, trained staff, and launched our new internal database;
- we sourced personal protective equipment and established Covid-safe working practices.
Knowing that many existing clients could not access our telephone and email service (lack of confidence with documents, lack of access to technology, Wi-Fi, or phone credit), we resumed faceto-face sessions as soon as possible. In early August 2020 we introduced our new opening hours, while maintaining our telephone and email service.
The charity has continued to work in partnership with other agencies to make an important contribution to the life of the community. This included supporting individuals with:
- addressing debt or debt related issues;
- welfare benefit applications, disruptions to benefits, supporting with appeal process;
- housing issues including threat of homelessness;
- supporting those experiencing food- and fuel- insecurity and poverty;
- accessing financial help during the pandemic;
- referrals to organisations such as Mental Health Team, Centre for Sustainable Energy, South Bristol Advice Services, and Age UK.
2021 marks the end of our 2018-2021 development plan. We had set out to:
- recruit new volunteers and new trustees _– thanks to all who give of their time and talents_ ;
- embed new IT systems to protect our service and to protect our client data _– thanks to all involved in the successful IT changes_ .
## **Financial review**
Income for year was £41,022, expenses were £52,333, bringing total funds carried forwards to £21,852 (£33,163 in 2020) of which £14,736 were freely available unrestricted reserves.
This means a deficit of £11,311 (£4,429 deficit in 2020).
## **Reserves**
It is the policy of Filwood Hope to endeavour to always have in reserves 3 months working capital. Currently no funds are in deficit. We are meeting our reserves policy.
**- 3 -**
## **Filwood Hope Ltd**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2021**
|**YEAR ENDED 31 MARCH 2021**||
|---|---|
|**Grants received include**|**2020-21**|
|Bristol Impact Fund|£10,776|
|Garfield Weston Foundation|£ 6,000|
|Quartet Express Grant|£ 4,641|
|Burden Trust|£ 4,000|
|John James Foundation|£ 4,000|
|Green Hall Foundation|£ 2,400|
|Dame Violet Wills Charitable Trust|£ 800|
|Matthew Wrightson Charity|£ 500|
|Quartet Community Foundation|£ 166|
|We acknowledge the generous financial support we receive from several churches:|We acknowledge the generous financial support we receive from several churches:|
|---|---|
|Totterdown Baptist Church|Bristol|
|Inns Court Christian Fellowship|Bristol|
|Ferniehill Evangelical Church|Edinburgh|
|St Augustine’s CofE|Dundry|
To the many individuals who have given financial and prayer support to the work of Filwood Hope – we give our grateful thanks.
## **Plans for future period**
Our short-term priorities include:
- Developing our 2022-2025 strategic plan
- Revisiting our governing document
- Strengthening our volunteer base
- Strengthening our board of trustees
- Strengthening our financial sustainability
## **Public Benefit**
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales
## **Funds received as agent or funds held as custodian trustee**
There are no assets, classes of assets or categories of assets held on behalf of other entities.
## **Statement of responsibilities of the Management Committee**
The trustees who are also the charity trustees have prepared financial statements for the financial year, which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income or expenditure, of the charitable company for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
**- 4 -**
## **Filwood Hope Ltd**
## **TRUSTEES’ ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2021**
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees 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 any other irregularities.
The trustees confirm that to the best of their knowledge there is no information relevant to the independent examination of which the examiners are unaware. The trustees also confirm that they have taken all necessary steps to ensure that they themselves are aware of all relevant examination information and that this information has been communicated to the examiners.
## **Independent examiners**
Geoff Archer of Bristol Community Accountants CIC was appointed as the charitable company’s independent examiner during the year.
Approved by the trustees on …21 Dec 2021…… and signed on its behalf by
Edward Palairet Trustee
**- 5 -**
## **Filwood Hope Ltd**
## **INDEPENDENT EXAMINERS REPORT**
## **YEAR ENDED 31 MARCH 2021**
I report on the accounts of the company for the year ended 31st March 2021 which are set out on pages 7 to 17.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Geoff Archer Date……21 Dec 2021………….
Bristol Community Accountants CIC The Park Daventry Road Knowle Bristol BS4 1DQ
**- 6 -**
## **Filwood Hope Ltd**
## **STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)**
## **YEAR ENDED 31 MARCH 2021**
|**Note**
**Incoming and Endowments from:**
Donations and Legacies
**3**
Charitable Activities
**4**
Investments
**5**
**Total**
**Expenditure On:**
Expenditure on raising funds
**6**
Charitable activities
**7**
**Total**
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of Funds:**
Total funds brought forward
**Total funds Carried Forward**|**Unrestricted**
**Funds**
**£**
31,101
15
18|**Restricted**
**Funds**
**£**
9,888
-
-|**Total Funds**
**2021**
**£**
40,989
15
18|**Total Funds**
**2020**
**£**
44,431
550
91|
|---|---|---|---|---|
||31,134|9,888|41,022|45,072|
||-
46,247|-
6,086|-
52,333|104
49,397|
||46,247|6,086|52,333|49,501|
||(15,113)
1,800
(13,313)
29,811|3,802
(1,800)
2,002
3,352|(11,311)
-
(11,311)
33,163|(4,429)
-
(4,429)
37,592|
||16,498|5,354|21,852|33,163|
All of the activities of the charity are classed as continuing
## **The notes on pages 9 to 17 form part of these financial statements**
As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
Details of the allocation of 2020 total funds between unrestricted and restricted are shown in note 17
**- 7 -**
## **Filwood Hope Ltd**
## **BALANCE SHEET**
## **YEAR ENDED 31 MARCH 2021**
||||**2021**|**2020**|
|---|---|---|---|---|
||**Note**||**£**|**£**|
|**Fixed assets**|**12**||1,762|-|
|**Current assets**|||||
|Debtors|**13**|-||20|
|Cash at bank and in hand||20,868||33,846|
|_Total current assets_||20,868||33,866|
|**Creditors : Amounts falling**|||||
|**due within one year**|**14**|(778)||(703)|
||||||
|_Net Current assets or liabilities_|||20,090|33,163|
|**_Total net assets or liabilities_**|||21,852|33,163|
|**The Funds of the Charity**|||||
|Restricted funds|**15**|5,354||3,352|
|Unrestricted funds|**15**|16,498||29,811|
||||||
|**_Total charity funds_**|||21,852|33,163|
The directors are satisfied that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies' regime and in accordance with FRS102 SORP.
These financial statements were approved by the trustees on …21 Dec 2021........ and are signed on their behalf by:
Edward Palairet Trustee
**The notes on pages 9 to 17 form part of these financial statements**
**- 8 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **1 Basis of Preparation**
- a) These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
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 (FRS 102) (issued on 16 July 2014), as amended by Update Bulletin 2 published in October 2018, effective for accounting periods beginning on or after 1 January 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
- b) The accounts have been prepared on the assumption that the charitable company is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charitable company's ability to continue as a going concern.
- c) The charity meets the definition of a public benefit entity as defined by FRS 102.
## **2 Accounting Policies**
- a) Income from donations/grants is included in income when these are receivable, except as follows:
i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.
ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.
- b) Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot be recovered.
- c) Most expenditure is directly attributable to specific activities, and has been included in those cost categories. Support cost have been allocated 100% towards the charitable activities of the charity.
- d) Rentals applicable to operating lease agreements where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight-line basis over the period of the lease.
- e) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
- f) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
- g) Individual assets costing £1,000 or more are capitalised at cost. Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:
Equipment - 25% straight line
**- 9 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
- g) The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
- h) The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. Pension costs charged in the financial statements represent the contribution payable by the charitable company during the year.
**- 10 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **Income and Endowments From:**
|**3**
**Donations and Legacies**
**Donations**
Personal Gifts & Donations
Churches
Gift Aid
**Grants**
Bristol City Council Grants
Grants from Trusts
_Donations and Legacies prior year_
**_Donations_**
_Personal Gifts & Donations_
_Churches_
**_Grants_**
_Bristol City Council Grants_
_Grants from Trusts_
**4**
**Charitable Activities**
Café Sales
Room Rental|**Unrestricted**
**Funds**
**£**
3,973
2,679
1,565
10,777
12,107|**Restricted**
**Funds**
**£**
488
-
-
-
9,400|**Total Funds**
**2021**
**£**
4,461
2,679
1,565
10,777
21,507|**Total Funds**
**2020**
£
4,468
4,693
-
11,558
23,712|
|---|---|---|---|---|
||31,101|9,888|40,989|44,431|
||_Unrestricted_
_Funds_
_£_
_3,428_
_4,693_
_11558 _
_21512_|_Restricted_
_Funds_
_£_
_1,040_
_-_
_-_
_2200_|_Total Funds_
_2020_
_£_
_4,468_
_4,693_
_11,558_
_23,712_|**Total Funds**
**2020**
£
430
120|
||_41,191_|_3,240_|_44,431_||
||**Unrestricted**
**Funds**
**£**
15
-|**Restricted**
**Funds**
**£**
-
-|**Total Funds**
**2021**
**£**
15
-||
||15|-|15|550|
_Charitable Activities prior year - all unrestricted_
**- 11 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **5 Investments**
|**Investments**||||
|---|---|---|---|
|Investment Interest|**Unrestricted**
**Funds**
**£**|**Restricted**
**Funds**
**£**|**Total Funds**
**Total Funds**
**2021**
**2020**
**£**
**£**
18
91|
||18|-||
_Investment income prior year - all unrestricted_
## **Expenditure on:**
## **6 Costs of other trading activities**
||**Unrestricted**|**Restricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2021**|**2020**|
||**£**|**£**|**£**|£|
|Café Supplies|-|-|-|104|
||-|-|-|104|
_Costs of other trading acitivies prior year - all unrestricted_
## **7 Charitable activities**
|I T & Office Equipment
Insurance
Office Maint & Cleaning
Other Direct Costs: Accountants Fees
Other Direct Costs: Sundry
Pension costs
Printing & Photocopy
Salaries
Service Charges
Software Service Contract
Telephones-Fax-Postage
Training
Utilities: Heat, Light & Power
Depreciation|**Unrestricted**
**Funds**
**£**
1,017
-
778
195
750
298
39,419
1,694
113
1,398
365
183
38|**Restricted**
**Funds**
**£**
553
-
-
-
1,587
-
31
-
-
2,415
-
-
1,500
-|**Total Funds**
**Total Funds**
**2021**
**2020**
**£**
£
553
1,707
1,017
998
-
41
778
1,022
1,782
2,214
750
697
329
312
39,419
38,321
1,694
1,122
2,528
-
1,398
1,403
365
-
1,683
1,560
38
-
52,333
49,397|
|---|---|---|---|
||46,247|6,086||
_continued…_
**- 12 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
|_Charitable Activities prior year_
_I T & Office Equipment_
_Insurance_
_Office Maint & Cleaning_
_Other Direct Costs: Audit Fees_
_Other Direct Costs: Sundry_
_Pension costs_
_Printing & Photocopy_
_Salaries_
_Service Charges_
_Telephones-Fax-Postage_
_Utilities: Heat, Light & Power_|_Unrestricted_
_Funds_
_£_
-
_998_
_41_
_1022_
_2111_
_697_
_312_
_38321_
_1122_
_1403_
_1560_|_Restricted_
_Funds_
_£_
_1707_
-
-
-
_103_
-
-
-
-
-
-|_Total Funds_
_2020_
_£_
_1,707_
_998_
_41_
_1,022_
_2,214_
_697_
_312_
_38,321_
_1,122_
_1,403_
_1,560_|
|---|---|---|---|
||_47,587_|_1,810_|_49,397_|
## **8 Net incoming resources for the year**
**This is stated after charging:**
|**This is stated after charging:**|||||
|---|---|---|---|---|
||**2021**||**2020**||
||**£**||**£**||
|Depreciation||38||-|
|Independent Examination Fees||634||569|
**- 13 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021**
## **9 Staff costs and numbers**
The aggregate payroll costs were:
|Wages and Salaries
Pension Costs|**2021**
**2020**
**£**
**£**
39,419
38,321
750
697
40,169
39,018|
|---|---|
No employee received emoluments of more than £60,000.
The average head count of employees during the year was as follows:
||**2021**|**2020**|
|---|---|---|
||**No.**|**No.**|
|Employees|3|3|
Total employee benefits paid to key management personnel during the year were 34,614 (2020: 34,136)
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2020: £nil) No trustees received reimbursement for board expenses incurred throughout the year (2020: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil).
There were no other related party transactions during the year (2020: £nil).
## **10 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **11 Company limited by guarantee**
The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.
**- 14 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
## **12 Tangible fixed assets**
|**Cost**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation**
At 1 April 2020
Charge for the period
At 31 March 2021
**Net book value**
At 31 March 2021
At 31 March 2020
**Debtors**
Prepayments and other debtors
**Creditors: amounts falling due within one year**
Accruals
Trade Creditors|**Equipment**
**£**
4,424
1,800|**2021**
**£**
-|**Total**
**£**
4,424
1,800|
|---|---|---|---|
||6,224||6,224|
||4,424
38||4,424
38|
||4,462||4,462|
||1,762||1,762|
||-||-|
||||**2020**
**£**
20|
|||-|20|
|||**2021**
**£**
778
-|**2020**
£
683
20|
|||778|703|
## **13 Debtors**
## **14 Creditors: amounts falling due within one year**
**- 15 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
|**15**
**Movement in funds**
**Restricted funds**
Elderly Services
Food Fund
Greenhall
Quartet Laptops
The Burden Trust
John James Foundation
Telephone Room
**Total Restricted Funds**
**Unrestricted funds**
General Funds
Designated - Asset depreciation
**Total Unrestricted Funds**
**Total funds**|**At**
**01-Apr**
**2020**
**£**
309
1,863
-
493
-
-
687|**Incoming**
**resources**
**£**
-
488
2,400
-
4,000
3,000
-|**Outgoing**
**resources**
**£**
-
(87)
(31)
(493)
(2,475)
(3,000)
-|**Transfers**
**£**
-
-
(1,800)
-
-
-
-|**At**
**31-Mar**
**2021**
**£**
309
2,264
569
-
1,525
-
687|
|---|---|---|---|---|---|
||3,352|9,888|(6,086)|(1,800)|5,354|
||29,811
-|31,134
-|(46,209)
(38)|-
1,800|14,736
1,762|
||29,811|31,134|(46,247)|1,800|16,498|
|||||||
||33,163|41,022|(52,333)|-|21,852|
## **Purpose of funds**
The Burden Trust – A grant was requested to replace our database and fund it for 2 years. This was granted in June 2020.
Elderly services – Left over of a grant received in 2017 for relief of hardship for the elderly.
Food fund – Individual gifts earmarked for food fund enables us to respond to fuel and food poverty
Quartet – Express grant received to purchase further laptop for advisor use
Green Hall Foundation – This grant was to purchase a new to us photocopier. This was purchased in February 2021. Also to fund running costs for 5 years.
John James Foundation – Received in April 2020 for core but not salary costs for our work in Knowle West
## **16 Analysis of net assets between funds**
|Fixed Assets
Cash at Bank and In Hand
Other Net Current Assets/Liabilities)
**Total**|**General**
**Funds**
**£**
-
15,514
(778)|**Restricted**
**Funds**
**£**
-
5,354
-|**Designated**
**Total**
**Funds**
**Funds**
**£**
**£**
1,762
1,762
-
20,868
-
(778)
1,762
21,852|
|---|---|---|---|
||14,736|5,354||
**- 16 -**
## **Filwood Hope Ltd**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2021**
**17** Analysis of prior year funds, as required by paragraph 4.2. of the SORP
|**Income and Endowments From:**
Donations and Legacies
**TRUE**
Charitable Activities
**TRUE**
Investments
**TRUE**
**Total**
**Expenditure On:**
Charitable Activities
**TRUE**
Other
**TRUE**
Total
**Net income/(expenditure)**
Transfers between funds
Net movement in funds
**Reconciliation of Funds:**
Total funds brought forward
**TRUE**
**Total funds carried forward**|**Prior Year**
**Unrestricted**
**Funds**
**2020**
**£**
41,191
550
91|**Prior Year**
**Restricted**
**Funds**
**2020**
**£**
3,240
-
-|**Prior Year**
**Total**
**Funds**
**2020**
**£**
44,431
550
91|
|---|---|---|---|
||41,832|3,240|45,072|
||47,587
104|1,810
-|49,397
104|
||47,691|1,810|49,501|
||(5,859)
-|1,430
-|(4,429)
-|
||(5,859)
35,670|1,430
1,922|(4,429)
37,592|
||29,811|3,352|33,163|
||**TRUE**|**TRUE**|**TRUE**|
**- 17 -**