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|Trustees'
report||
|---|---|
|Statement of Trustees'|responsibilities|
|Independent
auditor's|report|
|Statement offinancial|activities|
|Balance sheet||
|Statement
ofcashflows||
|Notes to the financial|statements|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
|||Notes||6|R|6||f.|
|Income from:|||||||||
|Donations
and|||||||||
|legacies|||13,484|1,178,940|1,192,424|19,670||19,670|
|Charitable
activities|||108,980|3,043,232|3,152,212|865,463|2,366,732|3,232,195|
|Investments|||1,190|-|1,190|39|-|39|
|Total income|||123,654|4,222,172|4,345,826|885,172|2,366,732|3,251,904|
|x enditure on:|||||||||
|Charitable
activities||5|507,762|3,739,138|4,246,900|1,238,466|1,456,513|2,694,979|
|Net (outgoing)/incoming|||||||||
|resources before|||||||||
|transfers|||(384,108)|483,034|98,926|(353,294)|910,219|556,925|
|Gross transfers|||||||||
|between funds|||350,02'i|(350,021)||774, 'i40|(774,140)||
|Net (expenditure) /income|||||||||
|for the yeart|||||||||
|Net movement|in funds||(34,087)|133,013|98,926|420,846|136,079|556,925|
|Fund balances|at 1 April||||||||
|2022|||925,114|136,079|1,061,193|504,268||504,268|
|Fund balances|at 31||||||||
|March 2023|||891,027|269,092|1,160,119|925,114|136,079|1,061,193|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||||34,900||36,431|
|Current assets|||||||
|Debtors|||782,520||856,579||
|Cash at bank and in|hand||1,642,212||1,766,155||
||||2,424,732||2,622,734||
|Creditors: amounts|falling due within||||||
|one year|||||||
|Loans and overdrafts||12|||13,730||
|Taxation and social security|||209,511||348,263||
|Other creditors|||1,090,002||1,235,979||
||||1,299,613||1,597,972||
|Net current assets||||1,125,219||1,024,762|
|Total assets less current liabilities||||1,160,119||1,061,193|
|Income funds|||||||
|Restricted funds||||269,092||136,079|
|Unrestricted
funds||||891,027||926,114|
|||||1,160,119||1,061,193|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Cash flows from operating|||activities||||||
|Gash (absorbed by)/generated|||from||||||
|operations||||||(99,090)||940,923|
|Investing activities|||||||||
|Purchase oftangible
fixed|assets||||(12,313)||(10,298)||
|Investment
income received|||||1,190||39||
|Net cash used in investing|||activities|||(11,123)||(10,259)|
|Financing
activities|||||||||
|Repayment
of borrowings|||||('!0,270)||4,578||
|Net cash (used in)/generated|||from||||||
|financing
activities||||||(10,270)||4,578|
|Net (decrease)/increase|in|cash «nd||cash|||||
|equivalents||||||(120,483)||935,242|
|Cash and cash equivalents||at beginning||ofyear||1,762,695||827,453|
|Cash and cash equivalents|||at end of|year||1,642,212||1,762,695|
|Relating to:|||||||||
|Cash at bank and
in hand||||||1,642,212||1,766,155|
|Bank overdrafts
included
in||creditors payable|||||||
|within one year||||||||(3,460)|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2023|2022|
|f|f|
|1,190|39|
##
||||2923f|2022f|
|---|---|---|---|---|
|Staff costs|||992,099|618,163|
|Depreciation||and impairment|13,844|11,981|
|Projects|||2,946,178|1,796,579|
|Rent and|rates||27371|53,840|
|Training|||5,654|5,214|
|Insurance|||7 133|7,240|
|Expenses|||34,885|16,894|
|Office repairs||and renewals|844|2,690|
|Postage|||34,794|8,779|
|Stationery|||5,319|3,925|
|Telephone|||20,428|18,679|
|hlarketing|||14,778|14,143|
|Professional||fees|71,046|36,272|
|Computer|and ITcosts||66,710|90,498|
|Lease and|motor costs||5,817|10,082|
||||4,246,900|2,694,979|
||||4,246,900|2,694,979|
|Analysis|dy|fund|||
|Unrestricted||funds|507,762|1,238,466|
|Restricted|funds||3,739,138|1,456,5'I3|
||||4,246,900|2,694,979|
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|The analysi|s ofau|ditor's
remuneration
isas follows;|||
|---|---|---|---|---|
||||2023|2022|
||||R|R|
|Audit of the|annual|accounts|15,000|10,000|
|Non-audlt|services||||
|All other non-audit||services|29,505|7,449|
##
|The average||monthly
num|ber ofemploye|es
during the|year eras:|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||Number|Number|
|Employees||||||36|23|
|Employment||costs||||2023|2022|
|||||||R||
|Wages and salaries||||||875,587|550,422|
|Social security||costs||||73,465|41,708|
|Other pension||costs||||43,047|26,033|
|||||||992,099|618,163|
|The number|ofemployees||whose annual|remuneration|was more than 860,000|||
|isas follows:||||||||
|||||||2023|2022|
|||||||Number|Number|
|EB0,001to670,000||||||||
##
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||||||||
|---|---|---|---|---|---|---|
|10|Tangibie fixed assets||||||
|||||Plant and|Fixtures,|Total|
|||||machinery|fltttntts a||
||||||ertulpmentf||
||Cost||||||
||At 1 April 2022|||28,650|34,573|63,223|
||Additions||||12,313|12313|
||At 31 March 2023|||28,650|46,886|75,536|
||Depreciation
and|impairment|||||
||At 1April 2022|||7,258|19,534|26,792|
||Depreciation
charged||in the year|4,278|9,566|13,844|
||At 31 March 2023|||11,536|29,100|40,636|
||Carrying
amount||||||
||At 31 March 2023|||17,114|17,786|34,900|
||At 31 March 2022|||21,392|15,039|36,431|
|11|Debtors||||||
||Amounts
falling due within one year:||||2023|2022f|
||Trade debtors||||647,980|846,039|
||Other debtors||||6,220|4,500|
||Prepaym ants and|accrued income|||128,320|6,040|
||||||782,520|856,579|
|12|Loans and overdrafts||||||
||||||2023f|2022
f|
||Bank overdrafts|||||3,460|
||Loan from pension|fund||||10,270|
|||||||13,730|
||Payable
within one|year||||13,730|
##
||||||
|---|---|---|---|---|
|13|Other creditors falling|clue within one year|||
||||2023|2022|
||||K|8|
||Trade creditors||148,977|207,329|
||Other creditors|||300|
||Accruals and deferred|income|941,025|1,028,350|
||||1,090,002|1,235,979|
|14|Retirement
benefit schemes||||
##
||||||lNovement|in funds|||
|---|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources|AdmtniVATI|Revaluatlona,|Balance at|
||||1April 2022|resources|expended|Other|gains and|31ttlarch 2023|
|||||||transfers|losses||
||||||R|K||R|
|Warm
& Well|in||||||||
|Warwickshire|Horne||||||||
|improvement|Pilot|||69,248|(69,248)||||
|Solihull HSF||||318,850|(165,137)|||153,713|
|Worcester Winter Fuel|||||||||
|Scheme/HSF|||136,079|1,635,375|(1,671,454)||||
|LADS||||756,140|(756,140)||||
|Keeping
Coventry
Straffoi||Warm||546,101|(546,101)||||
|Warwickshire|HSF|||100,000|(63,290)|||36,710|
|Warmer Homes West|||||||||
|Midlands||||584,573|(684,573)||||
|Solihull Retro|Fit|||27,200|(27,200)||||
|HcfE Complex
Worker|Case|||36,836|(36,836)||||
|Energy Fund||||67,500|(67,500)||||
|Coventry Cost of Living|||||||||
|Fund||||115,000|(36,332)|||78,668|
##
##
|16|Analysis ofnet assets between funds|||||
|---|---|---|---|---|---|
||||General|Restricted|Total|
||||E|R||
||Fund balances at 31 March 2023 are represented|by:||||
||Tangible assets||34,900||34,900|
||Current assetsi(liabilities)||856,127|269,092|1,125,219|
||||891,027|269,092|1,160,119|
##
##
||(Continued)|
|---|---|
|2023|2022|
||f|
|25,000|29,846|
|75,000|25,675|
|100,000|55,521|
||||||2023||2022|
|---|---|---|---|---|---|---|---|
|Aggregate
compensation|||||111,09'!||98,873|
|Other than the remuneration
of key management
related parties
in the year (2022 - none).|||personnel|detailed above, there were no transactions|||with|
|Cash generated
from operations|||||2023||2022|
||||||||f,|
|Surplus
for the year|||||98,926|556,925||
|Adjustments
for:||||||||
|Investment
income recognised|in statement|offinancial activities|||(1,190)||(39)|
|Depreciation
and impairment
oftangible fixed assets|||||13,844||11,981|
|Movements
in working
capital:||||||||
|Decrease/(increase)
in debtors|||||74,059|(584,624)||
|(Decrease)/increase
in creditors|||||(284,729)|956,680||
|Cash (absorbed
by)/generated|from operations||||(99,090)|940,923||