| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 12 | |
| Independent Examiner's |
Report | 13 | ||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 15 | to | 16 | |
| Cash Flow Statement | 17 | |||
| Notes to the Cash Flow | Statement | 18 | ||
| Notes to the Financial Statements | 19 | to | 27 | |
| Detailed Statement ofFinancial Activities | 28 | to | 29 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
141,694 | 47,437 | 189,131 | 314,025 | |
| Charitable activities |
|||||
| Rough Sleeper Service | 64,125 | 64,125 | 82,250 | ||
| Adult Learning Service |
44,983 | 44,983 | 107,630 | ||
| Tenancy Support | 20,135 | 83,981 | 104,116 | 26,182 | |
| Other | 760 | ||||
| Community engagement |
10,786 | 10,786 | 22,917 | ||
| Women's Support Service |
193,852 | 193,852 | 168,053 | ||
| Other eading activities | 1,617 | 1,617 | 1,220 | ||
| Investment income |
26 | 26 | 350 | ||
| Total | 163,472 | 445,164 | 608,636 | 723,387 | |
| EXPENDITURE ON | |||||
| Raising funds | 6 | 25,163 | 25,163 | 26,087 | |
| Charitable activities |
|||||
| Rough Sleeper Service | 51,226 | 86,625 | 137,851 | 181,821 | |
| Adult Learning Service |
36,529 | 44,983 | 81,512 | 139,111 | |
| Tenancy Support | 1,815 | 67,534 | 69,349 | 52,013 | |
| Other | 24,936 | 24,936 | |||
| Community engagement |
302 | 10,786 | 11,088 | 40,066 | |
| Women's Support Service |
37,074 | 197,366 | 234,440 | 215,351 | |
| Total | 152,109 | 432,230 | 584,339 | 654,449 | |
| NET INCOME | 11,363 | 12,934 | 24,297 | 68,938 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
301,206 | 53,513 | 354,719 | 285,781 | |
| TOTAL FUNDS CARRIED FORWARD | 312,569 | 66,447 | 379,016 | 354,719 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXED ASSETS | |||||
| Tangible assets | 13 | 13,650 | 13,650 | 30,819 | |
| CURRENT ASSETS | |||||
| Debtors | ]4 | 30,116 | 30,116 | 43,375 | |
| Cash at bank and in hand | 318,690 | 66,447 | 385,137 | 352,814 | |
| 348,806 | 66,447 | 415,253 | 396,189 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (49,887) | (49,887) | (72,289) | |
| NET CURRENT ASSETS | 298,919 | 66,447 | 365,366 | 323,900 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 312,569 | 66,447 | 379,016 | 354,719 | |
| NET ASSETS | 312,569 | 66,447 | 379,016 | 354,719 | |
| FUNDS | 16 | ||||
| Unrestricted funds |
312,569 | 301,206 | |||
| Restricted funds | 66,447 | 53,513 | |||
| TOTAL FUNDS | 379,016 | 354,719 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows &om operating | activities | |||||
| Cash generated Rom operations |
36,759 | 90,878 | ||||
| Interest paid | (954) | (869) | ||||
| Net cash provided by operating |
activities | 35,805 | 90,009 | |||
| Cash flows Irom investing | activities | |||||
| Purchase oftangible fixed | assets | (3,508) | (2,610) | |||
| Interest received | 26 | 150 | ||||
| Net cash used in investing | activities | (3,482) | (2,460) | |||
| Change in cash and cash equivalents | in the | |||||
| reporting period | 32,323 | 87,549 | ||||
| Cash and cash equivalents | at the | beginning | ||||
| ofthe reporting period | 352,814 | 265,265 | ||||
| Cash and cash equivalents | atthe | end | ofthe | |||
| reporting period |
385,137 | 352,814 |
| Notes to the Cash Flow Statement for the year ended 30 September 2021 |
|||
|---|---|---|---|
| RECONCILIATION | OFNET INCOME TONET CASH FLOW FROM | OPERATING ACTIVITIES | |
| 202 1 | 2020 | ||
| Net income for the reporting period (as per the Statement ofFinancial | |||
| Activities) | 24,297 | 68,938 | |
| Adjustments for: |
|||
| Depreciation charges |
20,068 | 8,789 | |
| Loss on disposal offixed assets | 609 | 2,221 | |
| Interest received | (26) | (150) | |
| Interest paid | 954 | 869 | |
| Decrease/(increase) | in debtors | 13,259 | (15,701) |
| (Decrease)/increase | in creditors | (22,402) | 25,912 |
| Net cash provided by operations | 36,759 | 90,878 |
| ANALYSIS OF CHANGES IN NET FUNDS | |||
|---|---|---|---|
| At 1.10.20 | Cash flow | At 30.9.21 | |
| Net cash | |||
| Cash at bank and in hand | 352,814 | 32,323 | 385,137 |
| 352,814 | 32,323 | 385,137 | |
| Total | 352,814 | 32,323 | 385,137 |
| DONATIONS | AND LEGACIES | AND LEGACIES | AND LEGACIES | AND LEGACIES | AND LEGACIES | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||
| Donation | 189,131 | 314,025 | |||||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||||||
| 2021 | 2020 | ||||||||||
| Fundraising Events |
1,617 | 1,220 | |||||||||
| 4. | INVESTMENT | INCOME | |||||||||
| 2021 | 2020 | ||||||||||
| Rents received | 200 | ||||||||||
| Deposit account | interest | 26 | 150 | ||||||||
| 26 | 350 | ||||||||||
| INCOME FROM | CHARITABLE ACTIVITIES | ||||||||||
| 2021 | 2020 | ||||||||||
| Activity | |||||||||||
| Donations | Rough Sleeper | Service | 32,500 | ||||||||
| Grants | Rough Sleeper | Service | 64,125 | 49,750 | |||||||
| Grants | Adult Learning | Service | 44,983 | 107,630 | |||||||
| Consultancy | Tenancy | Support | 20,135 | 26,182 | |||||||
| Grants | Tenancy | Support | 83,981 | ||||||||
| Consultancy | Other | 760 | |||||||||
| Grants | Community | engagement | 10,786 | 22,917 | |||||||
| Donations | Women's | Support Service | 150 | ||||||||
| Grants | Women's | Support Service | 193,852 | 167,903 | |||||||
| 417,862 | 407,792 | ||||||||||
| Grants received, | included | in the | above, are | as | follows: | ||||||
| 2021 | 2020 | ||||||||||
| Big Lottery | 81,613 | ||||||||||
| Garfield Weston | Foundation | 30,000 | 30,000 | ||||||||
| Lloyds TSB | 25,000 | 22,917 | |||||||||
| Souter Charitable | Trust | 3,000 | |||||||||
| 29th May 1961 | Charitable | Trust | 5,000 | ||||||||
| Walcot Foundation | 13,417 | ||||||||||
| Worshipful Company ofBasketmakers |
5,000 | ||||||||||
| Carried forward | 163,030 | 52,917 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Brought forward | 163,030 | 52,917 | |||||
| London Borough of | Lambeth | 44,983 | 100,630 | ||||
| Stavros Niarchos Foundation | 46,000 | ||||||
| LHA London | 36,250 | 18,750 | |||||
| Robert Gavron | 7,000 | ||||||
| Housing for Women | 2,000 | 3,000 | |||||
| Coopers Charity | 1,000 | ||||||
| Lesley Aldridge Trust |
20,000 | ||||||
| The Steel Charitable | Trust | 2,500 | |||||
| National Lottery Community |
Fund | 20,564 | |||||
| City ofLondon | 41,000 | ||||||
| David &Ruth Lewis | Family Charitable | Trust | 10,000 | ||||
| Mrs Smith &Mount | Trust | 4,000 | |||||
| Sodexo Foundation | 7,400 | ||||||
| 397,727 | 183,297 | ||||||
| RAISING FUNDS | |||||||
| RAISING DONATIONS | AND LEGACIES | ||||||
| 2021 | 2020 | ||||||
| Staff costs | 24,976 | 22,350 | |||||
| Fundraising | 187 | 3,737 | |||||
| 25,163 | 26,087 | ||||||
| CHARITABLE ACTIVITIES | COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 8) | Totals | |||||
| Rough Sleeper Service | 86,189 | 51,662 | 137,851 | ||||
| Adult Learning Service |
51,101 | 30,411 | 81,512 | ||||
| Tenancy Support | 43,132 | 26,217 | 69,349 | ||||
| Other | 24,936 | 24,936 | |||||
| Community engagement |
5,549 | 5,539 | 11,088 | ||||
| Women's Support Service |
157,181 | 77,259 | 234,440 | ||||
| 343,152 | 216,024 | 559,176 |
| Human | Governance | ||||||
|---|---|---|---|---|---|---|---|
| Management | resources f |
Other | costs | Totals | |||
| Rough Sleeper | Service | 30,791 | 13,728 | 299 | 6,844 | 51,662 | |
| Adult Learning | Service | 17,330 | 8,603 | 187 | 4,291 | 30,411 | |
| Tenancy | Support | 14,477 | 7,721 | 168 | 3,851 | 26,217 | |
| Other | 24,936 | 24,936 | |||||
| Community engagement |
3,583 | 1,286 | 28 | 642 | 5,539 | ||
| Women's | Support Service | 44,646 | 21,449 | 467 | 10,697 | 77,259 | |
| 110,827 | 77,723 | 1,149 | 26,325 | 216,024 |
| 2021 | 2020 | ||
|---|---|---|---|
| Depreciation - |
owned assets | 20,068 | 8,790 |
| Other operating | leases | 27,243 | 25,928 |
| Deficit on disposal offixed assets | 609 | 2,221 |
| 2021 | 2020 | ||
|---|---|---|---|
| Wages | and salaries | 330,420 | 340,442 |
| Social | security costs | 27,563 | 28,577 |
| Other | pension costs | 13,168 | 16,956 |
| 371,151 | 385,975 |
| Notes to the Financial Statements - continued for the year ended 30September 2021 |
Notes to the Financial Statements - continued for the year ended 30September 2021 |
||
|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
189,564 | 124,461 | 314,025 |
| Charitable activities |
|||
| Rough Sleeper Service | 82,250 | 82,250 | |
| Adult Learning Service |
107,630 | 107,630 | |
| Tenancy Support | 26,182 | 26,182 | |
| Other | 760 | 760 | |
| Community engagement |
22,917 | 22,917 | |
| Women's Support Service |
168,053 | 168,053 | |
| Other trading activities | 633 | 587 | 1,220 |
| Investment income |
350 | 350 | |
| Total | 217,489 | 505,898 | 723,387 |
| EXPENDITURE ON | |||
| Raising funds | 23,581 | 2,506 | 26,087 |
| Charitable activities |
|||
| Rough Sleeper Service | 29,233 | 152,588 | 181,821 |
| Adult Learning Service |
1,269 | 137,842 | 139,111 |
| Tenancy Support | 44,090 | 7,923 | 52,013 |
| Community engagement |
13,117 | 26,949 | 40,066 |
| Women's Support Service |
24,473 | 190,878 | 215,351 |
| Total | 135,763 | 518,686 | 654,449 |
| NET INCOME/(EXPENDITURE) | 81,726 | (12,788) | 68,938 |
| RECONCILIATION OFFUNDS |
|||
| Total funds brought forward | 219,480 | 66,301 | 285,781 |
| TOTAL FUNDS CARRIED FORWARD | 301,206 | 53,513 | 354,719 |
| Notes to the Financial Statements - for the year ended 30 September |
continued 2021 |
|||
|---|---|---|---|---|
| 13. | TANGIBLE FIXEDASSETS | |||
| Improvements | Fixtures | |||
| to | and | |||
| properly | fittings | Totals | ||
| g | ||||
| COST | ||||
| At 1 October 2020 |
46,097 | 51,138 | 97,235 | |
| Additions | 1,289 | 2,219 | 3,508 | |
| Disposals | (1,748) | (13,041) | (14,789) | |
| At 30 September 2021 | 45,638 | 40,316 | 85,954 | |
| DEPRECIATION | ||||
| At 1 October 2020 | 31,948 | 34,468 | 66,416 | |
| Charge for year | 15,438 | 4,630 | 20,068 | |
| Eliminated on disposal |
(1,748) | (12,432) | (14,180) | |
| At 30 September 2021 | 45,638 | 26,666 | 72,304 | |
| NET BOOKVALUE | ||||
| At 30 September 2021 | 13,650 | 13,650 | ||
| At 30 September 2020 | 14,149 | 16,670 | 30,819 | |
| 14. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| f, | ||||
| Trade debtors | 2,190 | 15,643 | ||
| Other debtors | 6,754 | 7,020 | ||
| Prepayments | 21,172 | 20,712 | ||
| 30,116 | 43,375 | |||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Trade creditors | 8,160 | 19,926 | ||
| Social security and other taxes | 6,717 | 7,178 | ||
| Accruals and Deferred Income | 28,970 | 37,468 | ||
| Accrued expenses | 6,040 | 7,717 | ||
| 49,887 | 72,289 |
| MOVEMENT IN | FUN | DS | ||||
|---|---|---|---|---|---|---|
| Net | ||||||
| At | movement | At | ||||
| 1.10.20 | in funds | 30.9.21 | ||||
| Unrestricted funds |
||||||
| General fund | 146,266 | 11,363 | 157,629 | |||
| Special Projects fund | 154,940 | 154,940 | ||||
| 301,206 | 11,363 | 312,569 | ||||
| Restricted funds | ||||||
| Direct Charitable | Activities | 3,513 | (3,513) | |||
| Emergency Support Fund |
50,000 | 50,000 | ||||
| Tenancy Support | 16,447 | 16,447 | ||||
| 53,513 | 12,934 | 66,447 | ||||
| TOTAL FUNDS | 354,719 | 24,297 | 379,016 | |||
| Net movement in |
funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 163,472 | (152,109) | 11,363 | |||
| Restricted funds | ||||||
| Rough Sleepers Support | 86,625 | (86,625) | ||||
| Direct Charitable | Activities | 1 | (3,514) | (3,513) | ||
| Community Engagement |
10,786 | (10,786) | ||||
| Adult Learning Service |
44,983 | (44,983) | ||||
| Wimbledon Foundation |
Homeless | Fund | 24,936 | (24,936) | ||
| Women's support |
service | 193,852 | (193,852) | |||
| Tenancy Support | 83,981 | (67,534) | 16,447 | |||
| 445,164 | (432,230) | 12,934 | ||||
| TOTAL FUNDS | 608,636 | (584,339) | 24,297 |
| Net | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| At | movement | At | ||||||||
| 1.10.19 | in funds | 30.9.20 | ||||||||
| Unrestricted funds |
||||||||||
| General fund | 64,540 | 81,726 | 146,266 | |||||||
| Special Projects | fund | 154,940 | 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 | 6,250 | (6,250) | ||||||||
| Wimbledon Foundation |
Homeless | Fund | 5,355 | (5,355) | ||||||
| 66,301 | (12,788) | 53,513 | ||||||||
| TOTAL FUNDS | 285,781 | 68,938 | 354,719 | |||||||
| Comparative net |
movement | in funds, | included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||||
| resources | expended | in funds | ||||||||
| Unrestricted funds |
||||||||||
| General fund | 217,489 | (135,763) | 81,726 | |||||||
| Restricted funds | ||||||||||
| Rough Sleepers | Support | 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 | ofBasket | ||||||||
| Makers | 5,000 | (5,000) | ||||||||
| LHA London | 18,750 | (25,000) | (6,250) | |||||||
| Adult Learning Service |
7,000 | (7,000) | ||||||||
| Wimbledon Foundation |
Homeless | Fund | 29,067 | (34,422) | (5,355) | |||||
| Women's support |
service | 3,150 | (3,150) | |||||||
| Tenancy Support | 2,683 | (2,683) | ||||||||
| Covid-19 Emergency | funding | 72,876 | (72,876) | |||||||
| 505,898 | (518,686) | (12,788) | ||||||||
| TOTAL FUNDS | 723,387 | (654,449) | 68,938 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Accrued | income b/fwd | at 1stOctober 2020 | ||
| Deferred | income b/fwd | at 1stOctober 2020 | 32,510 | |
| Received | in the year | 387,435 | 440,302 | |
| Accrued | income c/fwd | at 30th September 2021 | ||
| Deferred | income c/fwd | at 30th September 2021 | (2,083) | (32,510) |
| Released | in the year | 417,862 | 407,792 |
| THE SPIRESCENTRE | ||||
|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||
| for the year ended 30 September 2021 | ||||
| 2021 | 2020 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donation | 189,131 | 314,025 | ||
| Other trading activities | ||||
| Fundraising Events |
1,617 | 1,220 | ||
| Investment income |
||||
| Rents received | 200 | |||
| Deposit account | interest | 26 | 150 | |
| 26 | 350 | |||
| Charitable activities |
||||
| Donations | 32,650 | |||
| Consultancy | 20,135 | 26,942 | ||
| Grants | 397,727 | 348,200 | ||
| 417,862 | 407,792 | |||
| Total incoming resources | 608,636 | 723,387 | ||
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Wages | 24,976 | 22,350 | ||
| Fundraising | 187 | 3,737 | ||
| 25,163 | 26,087 | |||
| Charitable activities |
||||
| Wages | 259,553 | 269,526 | ||
| Social security | 21,098 | 22,224 | ||
| Pensions | 12,777 | 13,449 | ||
| Catering | 3,741 | 8,451 | ||
| Tutors and other | services | 27,703 | 52,602 | |
| Vehicle running | costs | 5,868 | 5,764 | |
| Long leasehold | 12,412 | |||
| 343,152 | 372,016 | |||
| Supportcosts | ||||
| Management | ||||
| Other operating | leases | 27,243 | 25,928 | |
| Insurance | 10,597 | 15,668 | ||
| Light and heat | 10,365 | 10,140 | ||
| Telephone | 15,672 | 16,702 | ||
| Carried forward | 63,877 | 68,438 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Management | ||||
| Brought forward | 63,877 | 68,438 | ||
| Postage and | stationery | 5,734 | 7,923 | |
| Sundries | 423 | 7]6 | ||
| Cleaning | 1,366 | 898 | ||
| Repairs and | renewals | 26,607 | 37,260 | |
| Training and |
recruitment | 3,659 | 6,564 | |
| StaffTravel | 896 | 2,829 | ||
| Depreciation | oftangible | and heritage assets | 7,656 | 8,790 |
| Loss on sale | oftangible | fixed assets | 609 | 2,221 |
| 110,827 | 135,639 | |||
| Human resources | ||||
| Wages | 70,867 | 69,878 | ||
| Social security | 6,465 | 6,318 | ||
| Pensions | 391 | 3,494 | ||
| 77,723 | 79,690 | |||
| Other | ||||
| Subscriptions | 1,149 | 601 | ||
| Research and evaluation | 9,240 | |||
| 1,149 | 9,841 | |||
| Governance | costs | |||
| Accountancy | and legal | fees | 25,371 | 30,307 |
| Bank interest | 954 | 869 | ||
| 26,325 | 31,176 | |||
| Total resources expended | 584,339 | 654,449 | ||
| Net income | 24,297 | 68,938 |