OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts
CONTENTS PAGE
Report of the Trustees 1-10
Independent
Auditors'		 Report to the Members 11-12
Statement
of Financial		 Activities
Balance Sheet 14
Statement
ofCash Flow
Notes to the Accounts 16-26

Trustees attenda nce
at th		 e Board and sub committees is given
in th		 e table below.
Meeting Board Business Development Governance, Quality and Workforce/Health and Safety
Attendances Actual Possible Actual Possible Actual Possible Actual Possible
S.Clarke
S Horner
J Culling
L Brou
hton
H Donovan
D.Gibson
SJenkins
H Parrish
A De Araujo

Unrestricted Restricted 2022 Unrestricted Restricted 2021
Funds Funds Total Funds Funds Total
Funds Funds
INCOME AND ENDOWMENTS E
Donations
and Legacies		 192,199 192,199 153,980 153,980
Charitable
Activities
Community
Based Support		 1,569,318 13,466 1,582,784 977,503 46,004 1,023,507
Training 72,371 72,371 49,254 49,254
Counselling 24,342 24,342 16,529 16,529
Other Trading
Activities
Investments 1,668 1,668 2,908 2,908
TOTAL INCOME AND ENDOWMENTS 1,859,899 13,466 1,873,365 1,200,174 46,004 1,246,178
EXPENDITURE
Business Development
and Fundraising		 Costs 68,974 68,974
Charitable
Activities		 4(a)
Community
Based Support		 1,317,164 17,472 1,334,636 797,555 50,126 847,681
Training 62,808 62,808 96,759 96,759
Counselling 21,461 21,461 18,346 18,346
Other 11,000 11,000 10,770 10,770
TOTAL EXPENDITURE 1,481,407 17,472 1,498,879 1,007,588 50,126 1,057,714
NET INCOME/EXPENDITURE 378,492 (4,006) 374,486 192,586 (4,122) 188,464
TRANSFERS BETWEEN FUNDS
NET MOVEMENT OF FUNDS 378,492 (4,006) 374,486 192,586 (4,122) 188,464
RECONCILIATION
OF FUNDS
TOTAL FUNDS BROUGHT FORWARD 693,163 46,340 739,503 500,577 50,462 551,039
TOTAL FUNDS CARRIED FORWARD 1,071,655 42,334 1,113,989 693,163 46,340 739,503

For the year En ded 31stMarch 20 22
Note 2022 2021
FIXEDASSETS
Tangible Assets 24,835 22,432
CURRENT ASSETS
Debtors 10 1,048,245 262,745
Cash at Bank and in Hand 22 782,919 805,915
1,831,164 1,068,661
LESS:CURRENT LIABILITIES
Creditors: amounts falling due within
one year 742,010 351,590
NET CURRENT ASSETS 1,089,154 717,070
NET ASSETS 1,113,989 739,503
TOTAL CHARITY FUNDS
Unrestricted 13 1,071,656 693,164
Restricted 14 42,333 46,339
15 1,113,989 739,503

Note 2022 2021
Funds Funds
Cash flows From Operating Activities:
Net Cash Used in Operating Activities 21 (24,664) 387,495
Cash Flows From Investing Activities
Interest Income 1,668 2,908
Purchase
of Equipment
Cash Provided by Investing Activities 1,668 2,908
Increase/(Oecrease) in Cash and Cash Equivalents in the Year (22,996) 390,403
Cash and Cash Equivalents at the Beginning ofthe Year 805,915 415,512
Total Cash and Cash Equivalents
at the End ofthe Year		 22 782,9"I9 805,915

Unrestricted Restricted 2022
INCOME Funds Funds Total
Current Year
Donations and Legacies
Donations 82,766 82,766
Fundraising 90,433 90,433
Legacies 20,000 20,000
193,199 193,199
Prior year
Unrestricted Restricted 2021
Funds Funds Total
Donations and Legacies
Donations 82,845 82,845
Fundraising 71,135 71,135
Legacies 0
153,980 153,980
0 C
0
0
DI		 C
00
13
LD
GlZ		 C C
8) 0
$$$ ZZZ
C C C
0 0 8
13 13 TI
m
m $ ZZZ		 C C
8) 0
$$$ ZZZ
C C C
0 0 8
13 13 TI
m
m $ ZZZ		 C C
8) 0
$$$ ZZZ
C C C
0 0 8
13 13 TI
m
m $ ZZZ		 0
0,0
Ng		 0
0,0
Ng		 C
00'0
(D
LDZ		 C C
0 0
0 0
13 M
m $ Z Z
C C C
)80
$$$ ZZZ
ID
I		 g3~
Pl
I		 BS8
W'f Nr
CO
N		 CO ID'00
Il. PI 8
~@I		 W I
'J
CO		 (0
CD		 CO
r		 (D$ CD
(0		 Q r
Q (0
0) O		 N
T		 f) CLI 8 CO N PI
lO
'CI'
L
PI ~
((D
LO
CD PI
N PI r		 (0
0)
N
IO 0I-
NI
0I- W N W LO (0
N
Cl
LO		 IL 0 W N
LO		 PI O
CD 8		 r
LO
(D
CD
(D		 O O
CD
CO
m
PI		 CO Cl y
IO		 4l CDO
COLO I
I
PI
LOI (08%N~
CO w v- PI O
e
v- N
r
W N(0
N		 9
N		 m
0
0		 lCW
Cole		 N
LO		 CO O
CD
LO		 r
LA
(0
CD
8 (0		 O O
CD co
W PI		 T
N		 S
~0
N (1W
m a
EOI0
00		 CDOOILOr
I
c—
v-N		 PI ON
lO
0
CICQ		 W LO
CO		 K N
CI
5		 0
N
m		 N
CO J
CO
I
CD Pl Dl
CD Q
L-LQDICDI
N w
CO (0
LO
CO
PI
LO		 O
L-
CO
PI@
CD O
PI PI		 lO
N
CI		 W r
(0		 LAO QI
'V
g Ol
CD
CO
CO
r N 'J
I
PI
N
N P)		 PI
CO
r
PI
W I
L-		 CO N m0 W 0) (0
CD		 CO Q(0
(0
N
0)		 4:
0
0		 CO(Or
CO tg (0		 I PIN(
(0
LO O		 CD
N
PI		 ID
C		 (D
N0		 PI CO
CO N
CD (D
N
lO
CD 4 (0 N
V
I
N(D		 N
LOt
T
III'0
C		 ID
C		 'C 0 )o
lO
I
LO
CD		 v
N
J
CD		 Dl
r
N
PI		 LO
T
Cl		 IL m'
LA
'f		 N
LQ
I
N		 0 C 4l (DPIOICOI
N(O
I
LOCD(D(D
LQm r (Drtt
C9
w N		 N
0)		 C XSoSK
(0 N PI
LO OI
N
NPI
0D g Y
8
0		 0
ID
CI		 W T
CD
T		 I
IQ		 N CO
N
T
CD
T		 $ CQ C CI lO'J
N
CO		 OI
IA
LQ		 0 4l Clt
MPII
~ CD PI m' N
r
N
(O
LO		 gg
(0 cO
PI N		 OCD
I
LOQ
(DPn888N
CONAN@
I
NP)
N		 0)
00
0
g
I
zI- g
0 r
U
CO
O
'C0e
Ill c
Z Li
g I-
p
m
g I-
IQv) e
a(8
z—0 o
2 Z
LI.		 C0 $ 3
0		 0 N
13
m
DI
C
01
m
C $ BPo		 .2
cC
o
I—		 $ L
'C
L		 8.
N
OI
DI 8
N
EC
Bio		 $ m
o
I—		 5
0		 Cl
7
0		 0
N
m
&
I—0
(D C
'8Z		 c
0
N
Z8		 8o
8.0.
N
m
I—		 $ 0
'C
IL		 C
ES
LD
P 0
6 ii c(
0
(D
—K
0
ID
m c.5
g
C
P-C Z		 P
5		 0o
8.
0.
N
0

TRANSFERS TRANSFERS TRANSFERS TRANSFERS
No transfers
between
reserves were made		 in the year.
NET INCOMEI(EXPENDITURE) 2022 2021
This is stated after charging: E
Depreciation 12,549 10,958
Bad Debt Write Off 4,250 1,809
Auditor's
Remuneration		 11,000 10,770
Operating
Lease Rentals		 6,082 3,415
Operating
Lease Rentals		 - Property 54,258 62,604
STAFF COSTS
Wages and Salaries 1,068,812 748,091
Social Security costs 56,392 53,765
Pension Costs 30,508 21,562
Health
Plan		 3,966 2,701
1,159,678 826,119
The average
monthly
number		 ofstaff based on headcount was
Charitable
Activities		 66 54
Support
and Governance		 9 9
75 63
The average
monthly
full		 time equivalent was
Charitable
Activities		 37 24
Support
and Governance		 8 6
45 30
1 employee
earned
in excess		 of660,000 during the year (2021 - 1)
CEO Remuneration 63,217 61,799
Other Key Management Personnel 164,931 169,231
Aggregate
amount
of Key Management		 Personnel
(Executive team and
Senior Managers)
benefits to include salary,		 employers national insurance
and pension
and health cover.		 228,147 231,031
None ofthe volunteer
trustees		 received any remuneration from the charity
during the year in their capacity as trustees.
Trustees Expenses.
One trustee received expenses for		 travel 23 62
No. of Volunteers 53 110
No. of Volunteer
Hours		 1,150 981

Fixtures,
Leasehold Fittings and
TANGIBLE FIXEDASSETS Improvements Equipment Total
Cost
At 1stApril 2021 36,488 166,067 202,555
Additions 14,952 14,952
At 31st March 2022 36,488 181,019 217,507
Accumulated
Depreciation
At 1stApril 2021 31,571 148,775 180,347
Charge for Year 902 11,424 12,326
At 31st March 2022 32,473 160,199 192,673
Net Book Value as 31st March 2022 4,015 20,820 24,834
At 31st March 2021 4,917 17,516 22,432
2022 2021
DEBTORS
Prepayments
and Accrued		 income 55,874 184,255
Other Debtors 992,372 78,483
1,048,245 262,738

2022 2021
Amounts Falling Due Within One Year
Accruals and Deferred Income 672,170 301,591
Other Creditors 69,840 50,000
742,010 351,590
2020 2019
FINANCIAL INSTRUMENTS
Financial Assets
Financial Assets That are Debt Instruments Measured at Amortised Cost 992,338 78,457
Financial Liabilities
Financial Liabilities Measured at Amortised Cost 33,992 21,631

13 UNRESTRICTED FUNDS UNRESTRICTED FUNDS Balance Net Balance
Current Year 1st April Outgoing Transfer 31st March
2021 Resources offunds 2022
F. f
Designated
Property 75,061 (22,297) 52,765
75,061 (22,297) 52,765
Undesignated 618,101 378,491 22,297 1,018,889
693,163 378,491 1,071,655
Prior Year Balance Net Balance
1st April Outgoing Transfer 31st March
2020 Resources offunds 2021
E
Designated
Property 75,061 75,061
75,061 75,061
Undesignated 425,515 192,586 618,101
500,577 192,586 693,163

~Po erty ~Po erty
This fund has been set aside for lease refurbishment commitments and capital requirements for service delivery venues.
14 RESTRICTED FUNDS Balance Balance
Current Year 1st April Incoming Outgoing Transfer 31st March
2021 Resources Resources offunds 2022
f
Designated
Luton Services 36,672 35,830
36,672 35,830
Undesignated
Other Capital Projects 2,260 2,260
Arabic &Asian Women 554 554
Wellbeing
in Later		 Life —Comic Relief 2,589 2,589
Luton NHS SOS bus 1,101 1,101
Mind DBT Luton 2,436 2,436
Panacea
Hoarding		 and Peer Support 3,164 14,633 17,797
46,339 17,069 21,075 42,333
Prior Year Balance Balance
1st April Incoming Outgoing Transfer 31st March
2020 Resources Resources offunds 2021
E
Designated
Luton Services 41,594 4,922 36,672
41,594 4,922 36,672
Undesignated
Computers 708 708
Other Capital Projects 2,260 2,260
Arabic &Asian Women 554 554
Wellbeing
in Later		 Life —Comic Relief 2,589 2,589
Panacea Trust Youth Peer Support 709 709
Luton NHS SOS bus 1,101 1,101
Mind DBT Luton 145 1,667 1,812
Lottery Hoarding project 802 5,598 6,400
Panacea
Hoarding		 and Peer Support 4,878 1,714 3,164
50,462 12,143 16,265 46,339

For the year En ded 31st March 2022
Tangible Net
15 ANALYSIS OF NET ASSETS Fixed Current
BETWEEN FUNDS Assets Assets Total
Restricted Funds 902 41,431 42,333
Designated funds 52,764 52,764
Unrestricted Funds 23,933 994,959 1,018,892
24,835 1,089,154 1,113,989

2022 2021
Net Income/(Expenditure)
for the Reporting		 Period 374,486 188„464
Adjustments
for:
Depreciation
Charge		 12,549 10,958
Income Shown
in Investment
Income		 (1,668) (2,908)
(Increase)/Decrease in Assets (14,952) (4,224)
(Increase)/Decrease in Debtors (785,499) (62,409)
Increase/(Decrease) in Creditors 390,420 257,614
Net Cash Provided Used in Operating Activities (24,664) 387,495

22 ANALYS IS OF CASH AND CASH EQUIVALENTS
2022 2021
Cash in Hand 202 176
Notice Deposits (Less Than 3 Months) 782,717 805,739
Total Cash and Cash Equivalents 782,919 805,915
23 GOVERNMENT
GRANTS
VERNMENT
GRANTS
2022 2021
Grants 24,082 72,111
Contracts 1,242,329 764,456
Ad hoc Training 35,204 33,779
Total 1„301,615 870,346