## |||| |---|---|---| |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
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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|