| YEAR | ENQED 30~JUNE 202 | 3 |
|---|---|---|
| Contents | Pages | |
| Legal and administrative | information | |
| Report ofthe Trustees | 3-13 | |
| Independent Auditor's |
Report | 14-19 |
| Statement ofFinancial | Activities | 20-21 |
| Balance Sheet | 22 | |
| Statement ofCashflows | 23 | |
| Notes to the Financial Statements | 24-35 |
| Notes | Unrestricted | Restricted | 30/06/2023 | 30/06/2022 | |
|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | ||
| F | 6 | E | |||
| INCOME FROII: | |||||
| Donations and legacies Activities for Generating Funds Investments —Bank Interest |
2 3 4 |
55,796 1,803,555 7,311 |
52,531 | 108,327 1,803,555 7,311 |
276,417 1,562,998 1,783 |
| Government Grants |
5 | 107 | |||
| Total incoming resources | 1,866662 | 52,531 | 1919,193 | 1 841,305 | |
| EXPENDITURE ON: | |||||
| Charitable activities:- |
|||||
| Community Development/Operations Trading Governance costs |
6 6 7 |
425,064 1,523,274 50,850 |
47,961 | 473,045 1,523,274 50,850 |
437,889 1,410,067 35,309 |
| Total Resources Expended | 1,999,188 | 47,981 | 2,047,169 | 1,883,265 | |
| Net Incoming (Outgoing) Resources Before Transfers |
(132,526) | 4,550 | (127,976) | (41,960) | |
| Transfers between funds |
|||||
| NET MOVEMENT IN FUNDS |
132,526 | 4,550 | 127,976 | 41,960 | |
| Total funds brought forward |
3,530,500 | 7,000 | 3,537,500 | 3,579,460 | |
| TOTAL FUNDS CARRIED FORWARD | 3,397974 | 11,550 | 3409524 | 3,537,500 |
| Notes | Unrestricted | Restricted | 30/06/2022 | 30/06/2021 | |
|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | ||
| ~eee over | |||||
| f | f | f | |||
| INCOME FROM: | |||||
| Donations and legacies Activities for Generating Funds Investments —Bank Interest Government Grants |
2 3 4 5 |
125,913 1,562,998 1,783 107 |
150,504 - |
276,417 1,562,998 1,783 107 |
345,860 1,320,063 2,359 137,020 |
| Total incoming resources |
1690,801 | 150504 | 1841,305 | 1 805,302 | |
| EXPENDITURE ON: | |||||
| Charitable activities:— Community Development/Operations Trading Governance costs |
6 6 7 |
235,635 1,410,067 35,309 |
202,254 — |
437,889 1,410,067 35,309 |
384,486 1,236,694 27793 |
| Total Resources Expended | 1,681,011 | 202,254 | 1,883,265 | 1,648,973 | |
| Net Incoming (Outgoing) Resources Before Transfers |
9,790 | (51,750) | (41,960) | 156,329 | |
| Transfers between funds |
|||||
| NET MOVEMENT IN FUNDS |
9,790 | 51750 | 41,960 | 156,329 | |
| Total funds brought forward | 3,520,710 | 58,750 | 3,579,460 | 3,423,131 | |
| TOTAL FUNDS CARRIED FORWARD | 3,530500 | 7000 | 3,537500 | 3,579,460 |
| 30/06/2023 f |
30/06/2022 f |
|||
|---|---|---|---|---|
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 11 | 2,672,099 | 2,755,465 | |
| CURRENT ASSETS | ||||
| Debtors | 12 | 96,725 | 179,129 | |
| Cash at bank and in | hand | 759,640 | 676,256 | |
| Stock | 5,375 | 10,121 | ||
| 861,740 | 865,506 | |||
| CREDITORS | ||||
| amounts falling due within |
13 | 124,315 | 83,471 | |
| one year | ||||
| NET CURRENT ASSETS | 737,425 | 782,035 | ||
| TOTAL ASSETS LESS | ||||
| CURRENT LIABILITIES | 3,409,524 | 3,537,500 | ||
| FUNDS | ||||
| General unrestricted | funds | |||
| Unrestricted funds |
3,397,974 | 3,530,500 | ||
| Restricted funds | 11,550 | 7,000 | ||
| TOTAL FUNDS | 14 | 3,409,524 | 3,537,500 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | FOR THE | YEAR ENDED | 30™ JUNE 2023 |
|---|---|---|---|---|
| 30/06/2023 f |
30/06/2022 | |||
| Notes | ||||
| Cash Flows from operating | ||||
| activities | ||||
| Cash generated from operations |
17 | 115,172 | 16,431 | |
| Net cash (oufflow)/inflow | from | 115,172 | 16,431 | |
| operating activities |
||||
| Investing Activities |
||||
| Purchase oftangible assets | (48,765) | (140,144) | ||
| Proceeds from disposal of | ||||
| tangible fixed assets | 9,666 | 7,900 | ||
| Interest received | 7,311 | 1,783 | ||
| Net (decrease)/increase in cash |
83,384 | (114,030) | ||
| and cash equivalents | ||||
| Cash and cash equivalents | at | 676,256 | 790,286 | |
| beginning ofyear |
||||
| Cash and cash equivalents | at | 759,640 | 676,256 | |
| end ofyear |
| YEAR | ENDED 3 | 0m JUNE 20 | 23 | ||
|---|---|---|---|---|---|
| 30/06/2023 | 30/06/2022 | ||||
| E | E | ||||
| 2. | VOLUNTARY INCOME | ||||
| Donations and GiR Aid claims |
108,327 | 276,417 | |||
| 3. | INCOMING RESOURCES | ||||
| FROM CHARITABLE | |||||
| ACTIVITIES | |||||
| Trading income | 1,567,389 | 1,332,213 | |||
| Accommodation receipts |
236,166 | 230,785 | |||
| 1,803555 | 1,562,998 | ||||
| 4. | INVESTMENT INCOME | ||||
| Interest receivable | 7,311 | 1,783 | |||
| 5. | GOVERNMENT GRANTS |
||||
| Job Retention Scheme | 107 | ||||
| 6. | Analysis ofresources expended | ||||
| Direct charitable costs | |||||
| Staffcosts Premises costs |
1,032,198 325,529 |
1,044,268 228,133 |
|||
| Companions costs |
196,103 | 169,242 | |||
| Depreciation (see note below) Goods purchased for resale |
130,761 132,858 |
114,226 119,117 |
|||
| Other charitable expenditure |
including | reallocations | 178,870 | 172,970 | |
| 1,996,319 | 1,847,956 |
| YEA | R ENDED | 0™ JUNE |
2023 —contin | ued | ||
|---|---|---|---|---|---|---|
| Fixtures, | ||||||
| fittings | ||||||
| Freehold | Long | and office | Motor | |||
| property f |
leasehold E |
equipment 8 |
vehicles | Totalf | ||
| 11. | TANGIBLE FIXED | |||||
| ASSETS | ||||||
| COST | ||||||
| AI1 July2022 | 2,919,221 | 200,000 | 422,430 | 72,783 | 3,614,434 | |
| Additions | 48,765 | 48,765 | ||||
| Disposais | 9,400 | 9400 | ||||
| At 30June 2022 | 2919,221 | 200,000 | 471,195 | 63,383 | 3,653,799 | |
| DEPRECIATION | ||||||
| At 1 July 2022 | 552,612 | 41,688 | 229,595 | 35,074 | 858,969 | |
| Charge for year | 55,718 | 2,000 | 56,985 | 16,058 | 130,761 | |
| Disposals At 30June 2023 |
608,330 | 43,688 | 286,580 | 8030 43,102 |
8,030 981,700 |
|
| NET BOOK | ||||||
| VALUE | ||||||
| At 30June 2023 | 2,310,891 | 156,312 | 184,615 | 20,281 | 2,672,099 | |
| At 30June 2022 | 2,366,609 | 158,312 | 192,835 | 37,709 | 2,755,465 |
| YE | AR ENDED 30 | JUNE 2023 | —continued | ||
|---|---|---|---|---|---|
| 30/06/2023 | 30/06/2022 | ||||
| f | |||||
| 13. | CREDITORS: AMOUNTS | ||||
| FALLING DUE WITHIN ONE | |||||
| YEAR | |||||
| Trade creditors | 23,919 | 18,880 | |||
| Taxation and social | security | 5,703 | 26,348 | ||
| Other creditors | 94,693 | 38,243 | |||
| 124315 | 83,471 | ||||
| 14. | ANALYSIS OF NET ASSETS | ||||
| BETWEEN FUNDS | |||||
| Unrestricted | Restricted | Total funds | Total funds | ||
| funds | funds | 2023 | 2022 | ||
| Fixed assets | 2,672,099 | 2,672,099 | 2,755,465 | ||
| Current assets | 839,955 | 11,550 | 851,505 | 851,023 | |
| Current liabilities |
114,080 | 114,080 | (68,988) | ||
| 3,397,974 | 11,550 | 3,409,524 | 3,537,500 |
| Unrestricted | Restricted | Total funds | Total funds | ||
|---|---|---|---|---|---|
| funds | funds | 2022f | 2021 K |
||
| F | |||||
| Fixed assets | 2,755,465 | 2,755,465 | 2,734,647 | ||
| Current | assets | 844,023 | 7,000 | 851,023 | 927,924 |
| Current | liabilities | 68,988 | 68,988 | 83,111 | |
| 3,530,500 | 7,000 | 3,537,500 | 3,579,460 |
| 30/06/2023 f |
30/06/2022 | ||
|---|---|---|---|
| Surplus/Deficit for Adjustments for: |
the year | (127,976) | (41,960) |
| Depreciation | 130,761 | 114,226 | |
| Interest | (7,311) | (1,783) | |
| Gain on Disposal | (8,296) | (2,800) | |
| Movement in working capital: |
|||
| Increase/decrease Increase/decrease Increase/decrease |
in stock in debtors in creditors |
4,746 82,404 40,844 |
(2,818) (23,590) (24,844) |
| 1'l5,172 | 16,431 |
| Balance at | Net | Transfer | Total funds | ||
|---|---|---|---|---|---|
| 1 July | movement in |
between | 30June | ||
| 2022 | funds | funds | 2023 | ||
| Unrestricted Fund |
|||||
| General Fund Designated Fund Restricted Fund |
775,035 2,755,465 |
(49,160) (83,366) |
725,875 2,672,099 |
||
| Albert Hunt Trust Croydon Relief in Need |
7,000 | (7,000) 11,550 |
11,550 | ||
| 3,537,500 | 127,976 | 3409,524 | |||
| RIOR YEAR | |||||
| Balance at | Net | Transfer | Total funds | ||
| 1 July | movement in |
between | 30June | ||
| 2021 | funds | fundsf | 2022 | ||
| Unrestricted | Fund | ||||
| General Fund Designated Fund Restricted Fund |
710,122 2,810,588 |
64,913 (55,123) |
775,035 2,755,465 |
||
| Albert Hunt | Trust | 58,750 | (51,750) | 7,000 | |
| 3,579,460 | 41,960 | 3537.500 |
| ayments under non-cancellable operating |
leases, which fall due as follo | ws: |
|---|---|---|
| 30/06/2023 | 30/06/2022 | |
| E | ||
| Within one year | 113,252 | 113,252 |
| Between two and five years | 151,562 | 264,814 |
| 264814 | 378086 |
| ANALYSIS | OF FUNDS | ||||
|---|---|---|---|---|---|
| Balance at | Net | Transfer | Total funds | ||
| 1 July | movement in |
between | 30June | ||
| 2022 | funds | funds | 2023 f |
||
| Unrestricted | Fund | ||||
| General Fund Designated Fund Restricted Fund |
775,035 2,755,465 |
(49,160) (83,366) |
725,875 2,672,099 |
||
| Albert Hunt | Trust | 7,000 | (7,000) | ||
| Croydon Relief in Need | 11,550 | 11,550 | |||
| 3537.500 | (127.978'l | 3.409.524 |