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2023-03-31-accounts

Page
Chairman's Report 3
Trustees' Report
Statement of Directors and Trustees' responsibilities 13
Report of the Independent Auditors to the Members of Parity 14
For Disability
Statement of Financial Activities 17
Balance sheet 18
Statement of Cash Flows 20
Notes to the Financial Statements 21

31/03/2023 31/03/2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 E 6 E
INCOME
Donations
and legacies		 56,153 46,104 102,257 105.944
Other Tradmg actrvitles 177,835 177,835 134,096
Income from Fundraising and Trading a tivities 233,988 46,104 280,092 240,04D
Income from charitable activities 1,448,461 1,448,461 1,165,651
Income from Investments 1,713 1,713 5
Other income 190 190 53,289
Total income 1,684~2 2,730~ 2,45IL985
EXPENDITURE
Raising funds 2,6 215,153 215,153 185.130
Charitable
actnsties		 3,6 1,387,777 44,819 1,432+96 1,264,712
Total Expenditure 1.602.930 442I19 1,647,749 1,449.842
Net income/(expenditure) 7 $1,422 1+85 82,707 9,143
Transfers between
funds
Net movement
in funds		 81,422 9443
RECONCIUATION
OF FUNDS
Total funds brought forward 570,889 193,842 764,731 755,58$
TOTAL FUNDS CARRIED FORWARD 652311 195,127 $47~ 764,731

31/03/2023 31/03/2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes 4 E E E
FIXEDASSETS
Tangible assets 10 210,292 47,563 257,855 286,996
CURRENT ASSETS
Debtors 11 130,409 130,409 143,186
Cash at bank and in hand 15 559,353 147,561 706,914 694,536
689,762 147,561 837,323 837,722
CREDITORS
Amounts
falling due within one year		 12 (247,743) 3 (247,740) (345,236)
NET CURRENT ASSETS 442,019 147,564 589,583 492,486
TOTAL ASSETS LESSCURRENT LIABILITIES 652311 195,127 847,43& 779,482
CREDITORS
Amounts
falling due after more than one year		 13 (14,751)
NET ASSETS 652,311 195,127 847,438 764,731
FUNDS
Unrestricted
funds		 18 652,311 570,889
Restricted
Funds		 18 195,127 193,842
TOTALFUNDS 847,438 764,731

31/03/2023 31/03/2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes E E 6 E
Net cash provided
by (used in) operating
activities		 7,841 21,187 29.028 86,479
Cash flows from investing
activities
Interest income 1,713 1,713
Proceeds from the sale ofproperty, plant and
equipment
Purchase of minibuses
and equipment		 (3,681)
Net cash provided
by (used in) investing		 activities 1,713 1,713 (3,676)
Cash flows from Rna ncing acthrities
Repayments
ofborrowing		 (18,363) (18,363) (3,696)
Net cash provided
by (used in) investing		 actMties (28363) (18363) (3,696)
Change
in cash and cash equivalents
repoiung
pened		 in the (82I09) 21,187 12378 79,107
Cash and cash equivalents
at the beginning
reporbng
penod (see note below)		 ofthe 568,162 126374 615,429
Cash and cash equivalents
atthe end		 ofthe reporting 15 559+53 147~1 706 if14
pened
Change
in cash and cash equivalents
reportlflg pened		 in the (8,809) 21,187 12j78 79,107
Reconciliation
ofnet income/(expenditure)		 to net cash flow from
operating
activities
Net income/(expencviture)
for the reporbng		 period (as 81,422 1,285 82,707 9,143
Adjustments
for:
Add back Oepreoation
charges		 9,236 19,905 29,141 32,070
Add back profit m the sale of property, plant and
equipment
Add back Interest income (1,713) (1,713) (5)
Add back Interest expense (196) (196) 314
(Increase)/decrease
in debtors		 12,777 12,777 1,911
Increase/(decrease)
in creditors		 (93,685) (3I (93,688) 43,046
Net cash provided
by (used in) operabng activities		 72M1 21,187 29,028

Unrestricted Restricted
funds funds 31/03/2023 31/03/2022
E E E E
Donations and Legacies
Donations
and grants		 56,153 102,257 105,944
Legacies
Donations towards ongoing charitable activities 56,153 46,104 102,257 105,944
Other Trading Acdvities
Fundraising
events		 3,438 3,438 783
Shop income 174,397 174,397 99,311
Local authority
Coyid Grants		 34,002
177,835 177,835 134,096
Income from Fundraliing and Trading acthrities 233,9$8 46~ 280,092 240,040
Expenditure on fundraidng (induding fundraising events)
Staff costs 58,110 58,110 60,826
Direct costs offundraising events 704 704 526
Other fundraising
costs		 4,402 4,402 1,410
63,216 63,216 62,762
Central overheads 44,403 44,403 32,544
Recharge for PR and publicity (26,905) (26,905) (23,827)
Total 80,714 80,714 71,479
Expenditure on running the Charity shops
Staff costs 55,814 55,814 55,306
Rent &rates 27,237 27,237 27,184
Sendces 43 43 62
Other shop 8 fundraising costs 25,802 25,802 10,648
Central overheads 25,543 25,543 20,451
134,439 134,439 113,651
Expenditure on raising funds
Summary
by		 Fundraising Funcdon
income by Fundraising Functicm
income from Fundraising including
evenrs		 59,591 105,695 106,727
Shop income 174,397 174397 133,313
233,988 46,104 280092
Exptmses by Fundraising Fanchon
Fundraising
expenses including events		 80,714 80,714 71,479
Shop expenses 134,439 134,439 113,651
215,153 215,153 185,130
ntribution by Fu draising Function
Contributon from Fundraising including events (21,123) 24,981 35,248
Contribution from Shops 39,958 39,958 19,662
18,835 46,104 64,939 54,910
Average costto raise 61in pence by fundra ising function
Income from Fundraismg and fundraising events 76p 67p
5hop income 77p 85p
Unrestricted Restricted
funds funds
E E 31/03/2023 31/03/2022
E E
Income
St Martins 416,632 416,632 340,072
Whetstone
Road		 462,126 462,126 368,694
Salisbury Grove 520,122 520,122 430,745
Music Therapy
Teenage activities		 scheme 46,081
3,500		 46,081
3~		 26,140
Other charitable activities
1,448,461 1,448,461 1,165,651
Expenditure
St Martins 346,415 1,667 348,082 308,220
Whetstone
Road		 462,250 6,334 468,584 409,570
Salisbury Grove 493,750 2,592 496,342 417,469
Teenage activities scheme 11,764 100 11,864 6,830
Music therapy 73,598 11,385 63,798
Ag activities 22,741 22,741 58,825
1,387,777 44,819 1,432,596 1,264,712
Contribution/(deficit) from charitable activities 15+65 l99,061)
Average direct cost to provide service in pence per Elofchantable income 99p 108p
31/03/2023 31/03/2022
E E
Staff costs 972,367 885,670
Music Therapy sessional therapists 28,872 16,273
Rent &rates 77,928 74,330
Premises costs 56,207 42,649
Clinical care and waste 39,819
Speech and physio Therapy
Other direct charitable costs 75,180 45,176
Depreciation 23,967 27,411
Interest payable &similar charges 61 144
1,274,401 1,130,228
Central overhead 158,195 134,484
1,432,596 1.264,712

Central costs
31/03/2023 31/03/2022
f f
Central costs by cost type
Management
wages		 130,344 S9,954
Auditors'
remuneration		 7,092 6,660
Genera(insurance 9,110 8,675
Finance costs (257) 170
Depreciation 5,105 4,571
other management costs 49,842 53,622
PR and publicity 26,905 23,827
228,141 187,479
Central costs by function
General office costs 50,524 36,431
Management
and admin support		 102,899 72,503
Accounts
including		 payroll 36,650 35,761
Facilities management 1,801
Minibuses 11,163 17,156
Corporate expenses (audit, finance and insurance costs)
Fundraising 26,905 23,827
Total central costs 228,141 187,479
Cost Allocation
model
General Mgmt and Accounts Facilities Minibuses Corporate Total central Total central Fundralsing
office costs admin costs 2023 costs 2022 team
Costs tobe allocated
Auditors'
remuneration		 7,092 7,092 6,660
General insurance 9,110 9,110 8,675
Finance casts (2571 (257) 170
Depreconon 3,305 1,800 5,105 4,571
Other management costs 38)66 102,899 29)5S 9)63 180,186 143,576 63,146
Direct costs 50,524 102,899 36,650 11,163 201,236 163,652 63)26
Celtie l Usr. ofoffice costs (27,788) 14,147 7,073 6)68 12.631
Management (31,590) 20,741 102(49 25)98
22.736 85,456 64,464 17,417 11,163 201,236 163,652 101,245
Accounts (14,1701 8,195 5,975 6,374
FaciTeles (5,091) 5,091 0
PR and publicity 26,905 26,905 23,S27 (26.905)
22736 S5456 50294 20)21 16254 32 880 228,141 187,479 80,714
Corparate
overhead
Allocated to General Mgmt and Accounts Facilities Minibuses Corporate Total central Total central
offic costs edmin costs 2023 costs 2022
Day Sovices 29,137 33,050 13.68' 16254 24.086 116+08 103,013
MUslc Therapy 10,105 15,151 4,809 5S6 2,294 32,945 24,641
Teenage scheme 6,207 1,679 391 765 9,042 6,830
10,105 50,495 39,538 14.658 16,2M 27.145 15!i,195 134,484
Funoralsing 12,631 25,398 6)74 44,403 32,544
Shoo mmenses 9,563 4,382 5.S63 5.735 25,543 20,451
22,736 85,456 50294 20)21 16754 32 SSO 228,141 187,479
Allocation
basis		 space Esl mgmt Estimated Estimated No of %age of
time use ofkey use ofkey min&uses revenue
octmtles octnvrles
7.Net incoming/(outgoing)
resources		 31/03/2023 31/03/2022
E E
Net resources are stated after charging/(crediting):
Auditors'
remuneration		 7,092 6,660
Depreciation
—owned assets		 29,141 32,070

31/03/2023 31/03/2022
E E
Wages and salaries 1,120,054 1,009,604
National Insurance contributions 70,610 36,531
Pension contributions 23,914 23,511
Temporary staff paid via Agency 2,057 11,190
Staff Costs 1,216,635 1,080,836
Direct charitable work 47 46
Shops 7 7
Fundraising 2 3
Administrative 4 3
59

Freehold Furniture
&		 Motor Total Restricted
property equipment vehicles Assets
E E E E
Cost or valuation
As at 31st March 2022 230,000 237,27D 124,165 591,435 264,779
Additions
Disposals
as at 31st March 2023 230.000 237,270 124,165 591,435 264,779
Depreciation
As at 31st March 2022 32,200 178,725 93,514 304,439 190,596
Charge for year 11,708 12,833 29,141 19,905
Eliminated on disposal
as at31st March 2023 36,800 190,433 106,347 210,501
Net Book Value
As at 31st March 2022 197,800 58,545 30,651 74.183
as at 31st March 2023 193,200 46,837 17,818 257,855 54,278
(il Cost or valuation at 31March 2016is represented by:
Cost 158,478
Revalution in 2006 76,522
Revelation in 2013 l5,000i
.Debto rs and amounts
falling due within one year
31/03/2023 31/03/2022
E E
Trade debtors 113,922 126,630
Other debtors 16,487 16556
143,186
.Creditors: Amounts
falling due within one year
unrestricted Restricted 31/03/2023 31/03/2D22
funds funds E E
6 E
Bank loans 8overdrafts 3,808
Trade creditors 28,199 28,199 15,155
Taxation
&social security		 18,037 18,037 4,126
Other creditors 201,507 (3) 201,504 322,147
247,743 (3) 247,740 345M6

Balance at 1 Cash-Flows Balance at31
April 2022 March 2023
E E
694,536 12,378 706914
Loans falling due within one year (32LDB) 32)08
Loans falling due after more than one year (14,751) 14,751
(28459) 18559
675.977 30,937 7061rla

.Calculation
o		 fNet free reserve
31/03/2023 31/03/2022
f f
Total accumulated Funds per Balance sheet 847,438 764,731
Less restricted fund balances (195,127) (193,842)
Unrestricted funds 652,311 570,889
Less Bxedassets
Fixed assets (257,855) (286,996)
Add back restricted fixed assets 47,563 72,655
Add mortgage over 1year 14,751
(210,292) (199,590)
442,019 371,299
31/03/2023 31/03/2022
f 6
Annual commitments
0-1Year 70,728 92,470
1-5years 219,850 231,679
More than 5years 482,325 532,892
8.Movement
in f		 u nds
Balance at Net movement Balance at
31/03/2022 in funds 31/03/2023
f f
Unrestricted
funds
General fund 498767 498,767 81,422 580,189
Freehold
revaluation		 and fair value reserve 72122 72,122 72,122
570,889 570,889 81,422 652,311
Restricted funds - Fixed assets
Whetstone
Road		 - Fixed Assets 16,899 16,899 (3,075) 13,824
St Martins -fixed assets 5,610 5,610 (997) 4,613
Salisbury Grove - fixed assets 21,273 21,273 (2,592) 18,681
New minibus 28,386 28,386 (11,033) 17,353
72,168 72,168 (17,697) 54,471
Restricted funds
Whetstone
Road		 14,879 14,879 (455) 14,424
St Martins 12,776 12,776 1,047 13,823
Salisbury Grove 7,434 7,434 329 7,763
Minibus
running		 expenses 5,000 5,000 4,000 9,000
Music therapy 11,492 11,492 2,067 13,559
Therapy 3,698 3,698 (198) 3,500
Dayservicefunds 6,479 6,479 6,563
Musicalinstruments 373 373 373
Teen Activity Scheme 100 100 (100)
CoVid Grants 693 693 (792) (99)
Restricted donations into new building fund 58,750 58,750 71,750
121,674 121,674 18,982 140,656
TOTALFUNDS 764,731 764,731 82,707 847,438
Net movement in funds, included in the above are asfollows:
Incoming Resources Net movement
resources expended in funds
6
Unrestricted
funds
General fund 1,684,352 1,602,930 81,422
Freehold
revaluation		 and fair value reserve
1,684,352 1,602,930 81,422
Restricted
funds		 - Fixed assets
Whetstone
Road		 - Fixed assets 3,075 (3,075)
St Martine
—fixed		 assets 997 (997)
Salisbury
Grove		 -fixed assets 2,592 (2,592)
New minibus 11,033 (11,033)
17,697 (17,697)
Restricted
funds
Whetstone
Road		 2,601 3,056 (455)
St Martins 1,717 670 1,047
Salisbury
Grove		 329 329
Minibus
running		 expenses 15,000 11,000 4,000
Music therapy 13,452 11,385 2,067
Therapy 5 203 (198)
Day service funds (84)
Musicalinstruments
Teen Activity Scheme 100 (100)
CoVid Grants 792 (792)
Restricted donations into new building fund 13,000
46,104 27,122 18,982
TOTALFUNDS 1,730,456 1,647,749 82,7D7