# 



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||||||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|






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|||||||31/03/2023|31/03/2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||Notes||6|E|6|E|
|INCOME||||||||
|Donations<br>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<br>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|$1,422|1+85|82,707|9,143|
|Transfers between<br>funds||||||||
|Net movement<br>in funds||||81,422|||9443|
|RECONCIUATION<br>OF FUNDS||||||||
|Total funds brought forward||||570,889|193,842|764,731|755,58$|
|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<br>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<br>falling due after more than one year||13||||(14,751)|
|NET ASSETS|||652,311|195,127|847,438|764,731|
|FUNDS|||||||
|Unrestricted<br>funds||18|||652,311|570,889|
|Restricted<br>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<br>by (used in) operating<br>activities||||||||7,841|21,187|29.028|86,479|
|Cash flows from investing<br>activities||||||||||||
|Interest income||||||||1,713||1,713||
|Proceeds from the sale ofproperty,|plant and|||||||||||
|equipment||||||||||||
|Purchase of minibuses<br>and equipment|||||||||||(3,681)|
|Net cash provided<br>by (used in) investing|||activities|||||1,713||1,713|(3,676)|
|Cash flows from Rna ncing acthrities||||||||||||
|Repayments<br>ofborrowing||||||||(18,363)||(18,363)|(3,696)|
|Net cash provided<br>by (used in) investing|||actMties|||||(28363)||(18363)|(3,696)|
|Change<br>in cash and cash equivalents<br>repoiung<br>pened||in|the|||||(82I09)|21,187|12378|79,107|
|Cash and cash equivalents<br>at the beginning<br>reporbng<br>penod (see note below)||||ofthe||||568,162|126374||615,429|
|Cash and cash equivalents<br>atthe end||ofthe||reporting|||15|559+53|147~1|706 if14||
|pened||||||||||||
|Change<br>in cash and cash equivalents<br>reportlflg pened||in|the|||||(8,809)|21,187|12j78|79,107|
|Reconciliation<br>ofnet income/(expenditure)||||||to|net cash flow|from||||
|operating<br>activities||||||||||||
|Net income/(expencviture)<br>for the reporbng|||||period|(as||81,422|1,285|82,707|9,143|
|Adjustments<br>for:||||||||||||
|Add back Oepreoation<br>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<br>in debtors||||||||12,777||12,777|1,911|
|Increase/(decrease)<br>in creditors||||||||(93,685)|(3I|(93,688)|43,046|
|Net cash provided<br>by (used in) operabng activities||||||||72M1|21,187|29,028||






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||||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||funds|funds|31/03/2023|31/03/2022|
||||||||||E|E|E|E|
|Donations and Legacies|||||||||||||
|Donations<br>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<br>events|||||||||3,438||3,438|783|
|Shop income|||||||||174,397||174,397|99,311|
|Local authority<br>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<br>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<br>by|Fundraising||Funcdon||||||||||
|income by Fundraising||Functicm|||||||||||
|income from|Fundraising||including<br>evenrs||||||59,591||105,695|106,727|
|Shop income|||||||||174,397||174397|133,313|
||||||||||233,988|46,104|280092||
|Exptmses by|Fundraising||Fanchon||||||||||
|Fundraising<br>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<br>Road||||462,126||462,126|368,694|
|Salisbury Grove||||520,122||520,122|430,745|
|Music Therapy<br>Teenage activities|scheme|||46,081<br>3,500||46,081<br>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<br>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|



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|Central costs|||||
|---|---|---|---|---|
||||31/03/2023|31/03/2022|
||||f|f|
|Central costs by cost type|||||
|Management<br>wages|||130,344|S9,954|
|Auditors'<br>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<br>and admin support|||102,899|72,503|
|Accounts<br>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<br>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'<br>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<br>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<br>basis||space|Esl mgmt|Estimated|Estimated|No of|%age of|||||
||||time|use ofkey|use ofkey|min&uses|revenue|||||
|||||octmtles|octnvrles|||||||







|7.Net incoming/(outgoing)<br>resources|31/03/2023|31/03/2022|
|---|---|---|
||E|E|
|Net resources are stated after charging/(crediting):|||
|Auditors'<br>remuneration|7,092|6,660|
|Depreciation<br>—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<br>&|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<br>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<br>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<br>&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<br>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<br>in f|u|nds||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Balance at|Net movement|Balance at|
||||||||31/03/2022|in funds|31/03/2023|
||||||||f||f|
|Unrestricted<br>funds||||||||||
|General fund||||||498767|498,767|81,422|580,189|
|Freehold<br>revaluation|||and fair value|reserve||72122|72,122||72,122|
|||||||570,889|570,889|81,422|652,311|
|Restricted funds||- Fixed assets||||||||
|Whetstone<br>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<br>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<br>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<br>funds||||||||||
|General fund|||||||1,684,352|1,602,930|81,422|
|Freehold<br>revaluation|||and fair value|reserve||||||
||||||||1,684,352|1,602,930|81,422|
|Restricted<br>funds|- Fixed assets|||||||||
|Whetstone<br>Road||- Fixed assets||||||3,075|(3,075)|
|St Martine<br>—fixed||assets||||||997|(997)|
|Salisbury<br>Grove|-fixed assets|||||||2,592|(2,592)|
|New minibus||||||||11,033|(11,033)|
|||||||||17,697|(17,697)|
|Restricted<br>funds||||||||||
|Whetstone<br>Road|||||||2,601|3,056|(455)|
|St Martins|||||||1,717|670|1,047|
|Salisbury<br>Grove|||||||329||329|
|Minibus<br>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|





##