2020-09-30-accounts - The Spires Centre

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				Page
Report of the Trustees			I	to	14
Indepeudent Examiner's		Report
Statement ofFinancial	Activities
Balance Sheet			17	to	18
Cash Flora Statement				19
Notes to the Cash Flovv		Statement		20
Notes to the Financial	Statements		21	to	30
Detailed Statemeut of	Financial Activities			31

	for the	year ended	30September	2020
					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS	FROM
Donations and legacies			189,565	124,461	314,026	195,974
Charitable activities
Streetlink						1,747
Rough Sleepers Space						588
Rough Sleeper Seivice				82,250	82,250	119,608
Adult Learning Service				107,630	107,630	86,449
Tenancy Support			26,182		26,182	18,576
Other			760		760
Fundraiser						24,000
Conmiunity engagement				22,917	22,917	25,500
Women's Support Service				168,053	168,053	187,503
Other trading activities			633	587	1,220	899
Investment income			350		350	394
'iotal			217,490	505,898	723,388	661,238
EXPENDITURE ON
Raising funds			23,581	2,506	26,087	25,051
Charitable activities
Rough Sleeper Service			29,233	152,588	181,821	224,720
Adult Leaining Service			1,270	137,842	139,112	97,374
Tenancy Support			44,090	7,923	52,013	54,608
Collimunity engagenlent			13,117	26,949	40,066	53,499
Women's Support Service			24,473	190,878	215,351	229,007
Other						539
Total			135,764	518,686	654,450	684,798
NET INCOME/(EXPENDITURE)			81,726	(12,788)	68,938	(23,560)
RECONCILIATION OF FUNDS
Total funds brought forward			219,480	66,301	285,781	309,341
TOTAL FUNDS CARRIED FORWA.RD			~30 I 206	53 513	354 719	~285 781

					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f.			f,
FIXEDASSETS
Tangible assets		13	27,306	3,513	30,819	39,219
CURRENT ASSETS
Debiors		14	43,375		43,375	27,674
Cash at bank and in hand			~302 814	50,000	352,814	~265 265
			346,189	50,000	396,189	292,939
CREDITORS
Amounts falling due within	one year	15	(72,289)		(72,289)	(46,377)
NET CURRENT ASSETS			~273 900	~50 000	323,900	246,562
TOTAL ASSETSLESSCURRENT
LIABILITIES			301,206	53,513	354,719	285,781
NET ASSETS			~301 206	53,513	354,719	~285 781
FUNDS		16
Unrestricted funds					301,206	219,480
Restricted funds					~53 513	~66 301
TOTAL FUNDS					~354 719	~285 781

				THE SPIRESCENTRE
				Cash Flow Statement
				for the year ended 30September	2020
					2020	2019
				Notes
Cash flows from	operating		activities
Cash generated frotu operations Interest paid					90,878 ~869)	(13,950) ~1367)
Net cash provided	by/(used		in) operating	activities	~90009	~15,317)
Cash flows from	investing		activities
Purchase oftangible fixed		assets			(2,610)	(18,465)
Sale oftangible fixed assets						3,397
Interest received					150	274
Net cash used in	investing	activities			~2460)	~14794)
Change In cash and cash		equivalents		in the
reporting period					87,549	(30,111)
Cash and cash equivalents			at the beginning
ofthe reporting	period				265,265	~295 376
Cash and cash equivalents			at the eud	ofthe
reporting period					~352 814	~265 265

RECONCILIATIO ACTIVITIES	N OF	NET INCOME/(	EXPENDITURE) TO NET CASH	FLOW FROM O	PERATING
				2020	2019
Net inconie/(expenditure)		for the reporting	period (as per the Statement
ofFinancial Activities)				68,938	(23,560)
Adjustments for:
Depreciation charges				8,789	4,711
Loss on disposal of	fixed assets			2,221	557
Interest received				(150)	(274)
Interest paid				869	1,367
(Increase)/decrease	in debtors			(15,701)	32,665
Increase/(decrease)	in creditors			25,912	~29,416)
Net cash provided	by/(used	in) operations		~90 878	~13950)

ANALYSIS OF CHANGES IN NET FUND	S
	At 1.10.19	Cash flow	At 30.9,20
Net cash
Cash at bank and in hand	~265 265	~87 549	~352 814
	~265 265	~87 549	~352 814
Total	~265 265	~87 549	352814

2.	DONATIO	NS AND LEGACIES
						2020	2019
							f
	Donation					~314026	195,974
3.	OTHER TRADING ACTIVITIES
						2020	2019
	Fundraising	Events				~1220	899
4.	INVESTMENT INCOME
						2020	2019
	Rents received					200	120
	Deposit account interest					150	274
						350	394
	INCOME	FROM CHARITABLE ACTIVITIES
						2020	2019
		Activity				f.
	Donations	Streetlink					1,747
	Donations	Rough Sleepers			Space		588
	Donations	Rough Sleeper			Service	32,500	5,812
	Grants	Rough Sleeper			Service	49,750	113,796
	Donations	Adult Learning			Service		306
	Grants	Adult Leatuing			Setvice	107,630	86,143
	Consultancy	Tenancy Support				26,182	18,576
	Consultancy	Other				760
	Grants	Fundraiser					24,000
	Donations	Comlmlnity		engagement			500
	Grants	Community		engagement		22,917	25,000
	Donations	Women's	Support Service			150
	Consultancy	Women's	Support Service				1,400
	Grants	Women's	Support Service			~l67 903	186,103
						~407 792	~463 971

	Notes to the Financial Statements - continu for the year ended 30September 2020	Notes to the Financial Statements - continu for the year ended 30September 2020	Notes to the Financial Statements - continu for the year ended 30September 2020	Notes to the Financial Statements - continu for the year ended 30September 2020	Notes to the Financial Statements - continu for the year ended 30September 2020	ed
	INCOME FROM CHARITABLE ACTIVITIES - continued
	Grants received,	included		in the above, are as follows'.
						2020	2019
	Alexandra Tmst						1,000
	Big Lottery						162,134
	Consic Relief						23,969
	Garfield Weston					30,000
	Londou Borough	ofLambeth					86,143
	Lloyds TSB					22,917	25,000
	Streetsmart						3,333
	Souter Charitable	Tmst					3,000
	Thrale Almshouse	and	Relief				6,500
	Drapers						15,000
	Edith Murphy Foundation						3,000
	Basekttuakers Charity						7,083
	London Borough	ofLambeth				100,630
	Stavros Niarchos	Foundation					30,000
	Mrs Smith &Mount Trust						5,000
	LHA London					18,750	25,000
	Streets ofLondon						10,000
	SIBEnterprise Development				Grant		9,240
	The White Benevolent		Fund				5,000
	The London Community						14,640
	Robert Gavron					7,000
	Housing for Women Coopers Charity					3,000 ~1000
						183,297	~435 042
6.	RAISING FUNDS
	RAISING DONATIONS			AND LEGACIES
						2020	2019
							f,
	Staff costs					22,350	22,636
	Fundraising					~3737	~2415
						~26 087	25,051

					Support
				Direct	costs (see
				Costs	note 8)	Totals
Rough Sleeper Setvice				113,968	67,853	181,821
Adult Learning Setvice Tenancy Support				87,311 28,234	51,801 23,779	139,112 52,013
Commun	ity engagement			22,159	17,907	40,066
Women's	Support Service			~116837	98,514	~215 351
				~368 509	~259 854	~628 363
SUPPORT COSTS
			Human		Governance
		Management	resources	Other	costs	Totals
					6	f,
Rough Sleeper Service		27,515	19,405	13,325	7,608	67,853
Adult Learning Service		17,933	16,301	11,194	6,373	51,801
Tenancy	Suppotx	7,655	7,761	5,329	3,034	23,779
Conununity engagement		5,812	5,822	3,997	2,276	17,907
Women's	Support Seivice	~35353	~30401	20,875	11,885	98,514
		94268	79,690	~54 720	31 176	~259 854

Net income/(expenditure) is stated after charging/(crediting):
	2020	2019
		f.
Depreciation —owned assets	8,790	4,711
Other operating leases	25,928	25,695
Deticit on disposal offixed assets	~2221	557

STAF	F COSTS
		2020f	2019 f.
Wages	and salaries	340,442	376,554
Social	security costs	28,577	29,837
Other	pension costs	16,956	~18 100
		~385975	~424 491

No member ofstaff received remuneration
COMPARATIVES FOR THE STATEMENT OF I"'INANCIAL	ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	188,009	7,965	195,974
Charitable activities
Streetlink	1,747		1,747
Rough Sleepers Space	588		588
Rough Sleeper Service	5,812	113,796	119,608
Adult Learning Service	306	86,143	86,449
Tenancy Support	18,576		18,576
Fundraiser	15,000	9,000	24,000
Conununity engagement	500	25,000	25,500
Women's Support Service	1,400	186,103	187,503
Other trading activities	899		899
Investment income	394		394
Total	233,231	428,007	661,238
EXPENDITURE ON
Raising funds	16,051	9,000	25,051
Charitable activities
Rough Sleeper Sert ice	114,101	110,619	224,720
Adult Leartung Service	7,190	90,184	97,374
Tenancy Support	53,865	743	54,608
Community engagement	27,256	26,243	53,499
Women's Support Service	38,557	190,450	229,007
Other	539		539
Total	257,559	427,239	684,798
NET INCOME/(EXPENDITURE)	(24,328)	768	(23,560)

	THE SPIRESCENTRE Notes to the Financial Statements - continued for the year ended 30September 2020	THE SPIRESCENTRE Notes to the Financial Statements - continued for the year ended 30September 2020	THE SPIRESCENTRE Notes to the Financial Statements - continued for the year ended 30September 2020	THE SPIRESCENTRE Notes to the Financial Statements - continued for the year ended 30September 2020
12.	COMPARATIVES FOR THE STATEMEiNT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			funds	funds	fulids
				f.
	RECONCILIATION	OF IiUNDS
	Total funds brought	forivard	243,808	65,533	309,341
	TOTAL FUNDS CARRIED FORWARD		~219 480	66,301	~285 781
13.	TANGIBLE FIXED	ASSETS
			lniprovements	Fixtures
			to	and
			property	fittings	Totals
	COST
	At I October 2019		43,487	72,665	116,152
	Additions		2,610		2,610
	Disposals			~21 527)	(21,527)
	At 30 September 2020		~46 097	51 138	~97 235
	DEPRECIATION
	At I October 2019		28,863	48,069	76,932
	Charge for year		3,085	5,705	8,790
	Eliminated on disposal			~19306)	~I9306)
	At 30 September 2020		31,948	34,468	66,416
	NET BOOK VALUE
	At 30September 2020		~14 149	~16670	~30819
	At 30 September 2019		~14624	~24 596	~39220

14.	DEBTORS:A	M	OUNTS FALLI	NG DUE WITHI	N ONE YEAR
						2020	2019
	Trade debtors					15,643	1,996
	Other debtors					7,020	11,401
	Prepayments					~20 712	~14277
						43 375	~27 674
15.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
						2020	2019
	Trade creditors					19,926	20,554
	Social security	and other taxes				7, 178	8,431
	Accmals and Defen'ed Income					37,468	5,646
	Accmed expenses					~7717	~ll 746
						72289	~46 377
16.	MOVEMENT	IN FUNDS
						Net
					At	movement	At
					1.10.19	in funds	30.9.20
							f
	Unrestricted funds
	General fund				64,540	81,726	146,266
	Special Projects	fund			154940		154,940
					219,480	81,726	301,206
	Restricted funds
	Direct Charitable		Activities		4,696	(1,183)	3,513
	Emergency Support Fund				50,000		50,000
	LHA London Wimbledon Foundation Homeless			Fund	6,250 5 355	(6,250) ~5355)
					66301	~12788)	~53 513
	TOTAL FUNDS				~285 781	68,938	~354 719

								Incoming	Resources	Movement
								I'esolll'ces	expended	in funds
Unrestricted funds
General fund								217,490	(135,764)	81,726
Restricted funds
Rough SLeepers	Space							70,097	(70,097)
Direct Charitable	Activities								(1,183)	(1,183)
Big Lottery Reaching Communities								164,903	(164,903)
Lloyds Bank Foundation			for England			and
Wales								22,917	(22,917)
London Borough	ofLambeth							109,455	(109,455)
The Worshipful	Company		of	Basket		Makers		5,000	(5,000)
LHA London								18,750	(25,000)	(6,250)
Adult Learning Setvice								7,000	(7,000)
Wimbledon Foundation		Homeless			Fund			29,067	(34,422)	(5,355)
Women's suppott	service							3,150	(3,150)
Tenancy Support								2,683	(2,683)
Covid-19 Emergency funding								~72 876	~72 876)
								~505 898	~518686)	~12788)
TOTAL IUNDS								723 388	~654450)	~68 938
Comparatives for movement				in funds
								Net	Transfers
							At	movement	between	At
							1,10,18	in funds	funds	30.9.19
Unrestricted funds
General fund							243,808	(24,328)	(154,940)	64,540
Special Projects	fund								~154940	~154940
							243,808	(24,328)		219,480
Restricted funds
Direct Charitable	Activities						12,541	(7,845)		4,696
Emergency Suppotx Fund							50,000			50,000
London Borough	ofLambeth						2,992	(2,992)
LHA London								6,250		6,250
Wimbledon Foundation		Homeless			I'und			5 355		5,355
							~65 533	768		~66 301
TOTAL FUNDS							~309341	~23 560)		~285 781

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
GeneraI fund				233,231	(257,559)	(24,328)
Ifestrlcted funds
Rough SLeepers Space				63,245	(63,245)
Direct Charitable Activities					(7,845)	(7,845)
Big Lottery Reaching Communities				162,134	(162,134)
Coniic Relief				23,969	(23,969)
Lloyds Bank Foundation	for England		and
Wales				25,000	(25,000)
London Borough ofLambeth				86,143	(89,135)	(2,992)
Mrs Smith &Mount Trust				5,000	(5,000)
The Worshipful Company ofBasket			Makers	7,083	(7,083)
LHA London				25,000	(18,750)	6,250
Thrale				4,000	(4,000)
Coniniunity Engagement				500	(500)
Adult Learning Service				306	(306)
Housing for Women				147	(147)
Men who buy sex				1,600	(1,600)
Enterpirse development Wimbledon Foundation	project Homeless	Fund		9,240 ~14 640	(9,240) ~9285)	5 355
				428 007	~427 239	768
TOTAL FUNDS				661 238	~684 798)	~23 560)

		2020	2019
Accn)ed	income b/Rvd at 1stOctober 2019		(7,6 1 73
Defened	income b/fwd at 1st October 2019		37,917
Received	in the year	440,302	424,718
Accrued Defetved	income c/fwd at 30th Septen)ber 2020 income c/fwd at 30th September 2020	~329)0)
Released	in the year	407792	4300)3