##
##
##
||||Page|
|---|---|---|---|
|Legal and administrative|details|||
|Trustees'
report|||2-7|
|Auditor's
report|||8-11|
|Consolidated
Statement|offinancial|activities|12 - 13|
|Consolidated
Balance sheet|||14|
|Balance Sheet|||15|
|Consolidated
Statement|of Cashflows||16|
|Notes to the accounts|||17-31|
##
|Trustees|||A H Jarvis|(Treasurer)|(Treasurer)|
|---|---|---|---|---|---|
||||G Oliver|||
||||C A Pharoah|||
||||C E Smith|(Chairman)||
||||Prof S M Sharma|||
||||C T Saul|||
||||C E Shevas|||
||||H Sahota|||
|Chief Executive Officer (CEO)|||Mrs SMcEniff|||
|Secretary|and Deputy CEO||J A Munton|||
|Charity number|||1078271|||
|Company|number||03761954|||
|Registered|office and principal|address|20a Millstone||Lane|
||||Leicester|||
||||LE1 5JN|||
|Auditor|||Somerbys|Limited||
||||Chartered|Accountants||
||||Statutory
Auditor|||
||||30 Nelson|Street||
||||Leicester|||
||||LE1 7BA|||
|Bankers|||Lloyds Bank PLC|||
||||7 High Street|||
||||Leicester|||
||||LE1 9FS|||
|Investment|Advisors||Rawley-Turton||(IFA) Limited|
||||Charnwood|House||
||||Harcourt
Way|||
||||Meridian
Business Park|||
||||Leicester|||
||||LE191WP|||
|Subsidiary|Undertaking||The Goods|Depot Limited||
||||Sandown
Court|||
||||Station Road|||
||||Glenfield|||
||||Leicester|||
||||LE3 8BT|||
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||||Unrestricted|Unrestricted|Funds|Restricted|Designated|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|2022|
||||Notes|||||||
|Income from:||||||||||
|Voluntary
Income||||2|306,672|1,308,840|||1,615,512|
|Administration
fees|||||67,116||||67,116|
|Investment
income||||3|15635|2,656|||18,291|
|Incoming
resources||from||||||||
|charitable
activities||||4|127,343|20,442|||147,785|
|Other trading
income|||||13,841||||13,841|
|Tota I income|||||530,607|1,331,938|||1,862,545|
|Ex
nditure on:||||||||||
|Raising
funds||||5|87,811|489|||88,300|
|Charitable
Activity||||||||||
|Relief ofpoverty||||5|422,715|1,448,776|||1,871,491|
|Total expenditure|||||510,526|1,449,265|||1,959,791|
|Realised gain/(loss)||on||||||||
|Investment
assets||||||||||
|Unrealised
gain/(loss)||on||||||||
|investment
assets||||16||||2,656|2,656|
|Net income/(expenditure)|||||20,081|(117,327)||2,656|(94,590)|
|Transfers
between|funds|||20|(15,000)||15,000|||
||||||5,081|(117,327)|15,000|2,656|(94,590)|
|Other recognised|gains and|||||||||
|losses||||||||||
|Pension
deficit adjustment||||14|94,000||||(94,000)|
|Net movement
in|funds||||99,081|(117,327)|15,000|2,656|(590)|
|Fund balances
at 31||March 2021|||196,607|254,917|125,000|73,336|649,860|
|Fund balances at|31 March||2022|2295,688||2137,590|f140,000|675,992|2649,270|
##
|||||Unrestricted|Unrestricted|Funds|Restricted|Designated|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|Funds|2021|
|||||Notes|||||||
|Income from:|||||||||||
|Voluntary
Income|||||2|306,720|956,949|||1,263,669|
|Administration
fees||||||72,192||||72,192|
|Investment
income|||||3|15604|2,118|||17,722|
|Incoming
resources|||from||||||||
|charitable
activities|||||4|81,669|130,949|||212,618|
|Other trading
income||||||11,643||||11,643|
|Total income||||||487,828|1,090,016|||1,577,844|
|Ex
nditure on:|||||||||||
|Raising funds|||||5|70,831|379|||71,210|
|Charitable
Activity|||||||||||
|Relief ofpoverty|||||5|228,890|1,034,087|||1,262,977|
|Tota I expenditure||||||299,721|1,034,466|||1,334,187|
|Realised gain/(loss)||on|||||||||
|Investment
assets|||||||||92|92|
|Unrealised
gain/(loss)|||on||||||||
|investment
assets|||||16||||13,719|13,719|
|Net income/(expenditure)||||||188,107|55,550||13,811|257,468|
|Transfers
between|funds||||20|(25,000)||25,000|||
|||||||163,107|55,550|25,000|13,811|257,468|
|Other recognised|gains and||||||||||
|losses|||||||||||
|Pension deficit adjustment|||||14|(11,000)||||(11,000)|
|Net movement
in|funds|||||152,107|55,550|25,000|13,811|246,468|
|Fund balances at 31||March 2020||||44,500|199,367|100,000|59,525|403,392|
|Fund balances at|31||March|2021|8196,607||E254,917|E125,000|673,336|E649,860|
##
|Group||||Notes||2022|2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets||||9||150,000|166,771|
|Investments||||10||75,218|69,365|
|||||||225,218|236,136|
|Current assets||||||||
|Stock||||11|13,863||16,741|
|Debtors||||12|411,907||311,014|
|Cash at bank and||in|hand||239,933||390,990|
||||||665,703||718,745|
|Creditors:|amounts||falling due within one year|13|(216,651)||(172,021)|
|Net current|assets|||||449,052|546,724|
|Creditors:|amounts||falling due after one year|14||(25,000)|(133,000)|
|Total assets||||||8649,270|F649,860|
|Capital fund||||||||
|Endowment||||17||75,992|73,336|
|Designated|funds|||18||140,000|125,000|
|Income funds||||||||
|Restricted funds||||||137,590|254,917|
|Unrestricted|funds|||||295,688|196,607|
|||||||2649,270|2649,860|
##
##
|Company||||Notes||2022|2021|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Tangible assets||||9||150,000|162,500|
|Investments||||10||75,218|69,365|
|Investment|in subsidiary|||10||100|100|
|||||||225,318|231,965|
|Current assets||||||||
|Debtors||||12|454,964||412,484|
|Cash at bank and||in|hand||212,062||350,488|
||||||667,026||762,972|
|Creditors:|amounts||falling due within one year|13|(161,410)||(153,745)|
|Net current|assets|||||505,616|609,227|
|Creditors:|amounts||falling due after one year|14||(25,000)|(133,000)|
|Total assets||||||2705,934|F708,192|
|Capital fund||||||||
|Endowment||||17||75,992|73,336|
|Designated|funds|||18||140,000|125,000|
|Income funds||||||||
|Restricted
funds||||15||158,244|254,917|
|Unrestricted|funds|||||331,698|254,939|
|||||||2705,934|F708,192|
##
||Notes|2022|2021|
|---|---|---|---|
|Cash flow from operating
activities||||
|Cash (used)/generated
in operations|23|(166,151)|46,889|
|Net cash flow from operating
activities||(166,151)|46,889|
|Cash flow from investing
activities||||
|Payments
to acquire investments||(3,197)||
|Receipts from sales ofinvestments|||947|
|Investment
income received||18,291|17,722|
|Net cash flow from investing
activities||15,094|18,669|
|Net increase
in cash and cash equivalents||(151,057)|65,558|
|Cash and cash equivalents
at 31 March 2021||390,990|325,432|
|Cash and cash equivalents
at 31 March 2022||2239,933|2390,990|
|Cash and cash equivalents
consists of:||||
|Cash at bank and
in hand||239,933|390,990|
|Cash and cash equivalents
at 31 March 2022||2239,933|F390,990|
##
##
##
##
##
##
##
|4|Incoming resources|from|charitable|charitable|charitable|charitable|activities|activities|||
|---|---|---|---|---|---|---|---|---|---|---|
||Grants receivable for charitable|||||activities|||2022|2021|
||Unrestricted
funds:||||||||||
||Leicester City Council||||||||112,258|66,498|
||Leicestershire
County|Council|||||||15,085|15,171|
||||||||||127,343|81,669|
||Restricted funds:||||||||||
||Leicester City Council||||||||11,506|11,304|
||Leicestershire
County|Council|||||||4,915|4,829|
||Leicestershire
County|Council||—Communities||||Fund||11,000|
||Leicestershire
and Rutland||Community||||Foundation-||||
||Coronavirus
Support|Fund||||||||12,500|
||Leicestershire
and Rutland||Community||||Foundation-||||
||DCMS New Normal
Grants|||||||||5,000|
||The National
I ottery Community||||Fund|||||82,352|
||Leicester
/ Leicestershire
Primary|||||Care|Trusts||4,021|3,964|
||||||||||20,442|130,949|
||Total||||||||F147,785|f212,618|
##
##
||Grants to institutions|Grants to institutions||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||Leicester Hospitals||Charity —Covid 19Appeal||||||2,500|
||Age UK Leicestershire|||and Rutland||||6,000|10,000|
||Charity
Link|||||||1,000|2,500|
||Rainbows|Children's||Hospice|||||2,500|
||Parkinsons|Disease|Society||||||100|
||Women
V|Cancer|||||||214|
|||||||||E7,000|f17,814|
|||||||||2022|2021|
|7|Employees|||||||||
||Number
of|employees||||||||
||The average|monthly|number ofemployees|||during|the year was:|21|18|
||The number|of part time employees|||was|||14|13|
||Employment|costs||||||||
||Wages and|salaries||||||415,687|363,006|
||Social security costs|||||||29,639|18,849|
||Other pension costs|||||||25,924|23,144|
|||||||||E471,250|6404,999|
##
##
|Other costs|Other costs||||
|---|---|---|---|---|
|Fundraising
and publicity|||2022|2021|
|Promotion
expenses|||15,692|4,152|
|Investment
management|fees||489|379|
||||f16,181|E4,531|
|Charitable
activity administration||costs|||
|Rent and rates|||18,102|14,098|
|Insurance|||4,400|3,618|
|Light and heat|||7,540|2,611|
|Repairs and maintenance|||17,019|226|
|Stationery|||6,069|7,400|
|Telephone
and fax|||5,151|4,775|
|Travelling
expenses|||9,921|7,002|
|Legal and professional|||13,991|6,304|
|Sundry expenses|||4,392|3,006|
|Recruitment
expenses|||1,554|400|
|Subscriptions|||1,456|890|
|Bank charges|||1,927|1,038|
|Cleaning|||5,447|5,017|
|Computer expenses|||25,154|11,907|
|Health and safety|||536|1,198|
|Staff training|||1,755|35|
|Postage|||2,170|4,102|
|Auditor's
remuneration|||11,818|17,544|
||||f138,402|291,171|
##
|9|Group|||||
|---|---|---|---|---|---|
||Tangible fixed assets|||||
|||Leasehold|Fixtures|Motor|Total|
|||property|Fittings
&|Vehicle||
||||equipment|||
||CostlValuation|||||
||At 31 March 2021|237,500|38,633|16,640|292,773|
||Additions|||||
||Disposal|||||
||At 31 March 2022|F237,500|F38,633|F16,640|F292,773|
||Depreciation|||||
||At 31 March 2021|75,000|38,633|12,369|126,002|
||Charge for the year|12,500||4,271|16,771|
||Eliminated
on disposal|||||
||At 31 March 2022|F87,500|F38,633|F16,640|F142,773|
||Net book value|||||
||At 31 March 2022|F150,000|FNil|FNil|F150,000|
||At 31 March 2021|F162,500|ENil|F.4,271|F166,771|
||Company|||||
||Tangible fixed assets|||||
||||Leasehold|Fixtures|Total|
||||property|Fittings
&||
|||||equipment||
||CostlValuation|||||
||At 31 March 2021||237,500|38,633|276,133|
||Additions|||||
||Disposal|||||
||At 31 March 2022||F237,500|F38,633|F276,133|
||Depreciation|||||
||At 31 March 2021||75,000|38,633|113,633|
||Charge
for the year||12,500||12,500|
||Eliminated
on disposal|||||
||At 31 March 2022||F87,500|F38,633|F126,133|
||Net book value|||||
||At 31 March 2021||F150,000|ENil|F150,000|
||At 31 March 2021||F162,500|ENil|F162,500|
##
|Charity|||
|---|---|---|
|Listed investments|||
|Market value at 31 March 2021||69,365|
|Acquisitions
at cost||3,197|
|Disposals at opening|book value||
|Net unrealised
gain|on revaluation|2,656|
|Market value at 31|March 2022|675,218|
|Historical cost:|||
|At 31 March 2022||665,703|
|Historical cost:|||
|At 31 March 2021||F62,506|
|Subsidiaries|||||||||
|---|---|---|---|---|---|---|---|---|
|Details ofthe company's|subsidiary|at 31 March 2022 are as follows:|||||||
|Name of undertaking||Registered|office|Company|No|Class of||% Held|
|||||||shares|held||
|The Goods Depot Limited||UK||11581108||Ordinary||100|
|Acquired
on 21 September|2018||||||||
|Results for the year|||||||||
|Income||||||||394,483|
|Expenditure||||||||(372,159)|
|Profit before taxation||||||||822,324|
|Total Assets||||||||861,519|
|Total Liabilities||||||||F97,427|
##
|11|Stocks||||||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Charity||
||||||2022|2021|2022|2021|
||Goods for resale||||13,863|F16,741|||
|12|Debtors||||||||
||||||Group||Charity||
||||||2022|2021|2022|2021|
||Trade debtors||||368,854|274,470|358,668|270,162|
||Income|recoverable|||29,370|23,490|29,370|23,490|
||Amount|owed by subsidiary||undertaking|||62,838|114,726|
||Prepayments||||13,683|13,054|4,088|4,106|
||||||6411,907|f311,014|F454,964|F412,484|
|13|Creditors: amounts||falling|due within one year|||||
||||||Group||Charity||
||||||2022|2021|2022|2021|
||Trade creditors||||160,404|86,874|141,619|81,852|
||Taxes and social security costs||||10,591|14,947||6,586|
||Other creditors||||3,079|13,176||8,283|
||Accruals|and deferred|income||28,577|12,024|5,791|12,024|
||Pension|deficit|||14,000|45,000|14,000|45,000|
||||||f216,651|f172,021|F161,410|f153,745|
##
##
##
##
##
|||||||Movement|in funds||
|---|---|---|---|---|---|---|---|---|
|||||Balance|Incoming|Resources|Grants|Balance|
|||||1 April|Resource|Expended|awarded|31 March|
|||||2021|||but|2022|
||||||||unspent||
|Carlton
Hayes Mental||||38,070|36,000|70,307||3,763|
|Health
Charity|||||||||
|Funds
held for other|||charitable|8,420||7,000||1,420|
|institutions|||||||||
|Leicester Children's|||Aid|7,715|3,156|7,034||3,837|
|Association|||||||||
|Other funds held|for||distribution|200,712|1,272,340|1,323,828|20,654|128,570|
|to the needy|||||||||
|Local authorities|and||CCG||20,442|20,442|||
|||||F254,917|F1,331,938|F1,428,611|20,654|F137,590|
|||||||Movement|in funds||
|||||Balance|Incoming|Resources|Transfer|Balance|
|||||1 April|Resource|Expended||30 March|
|||||2020||||2021|
|Carlton Hayes Mental||||3,085|63,000|28,015||38,070|
|Health
Charity|||||||||
|Funds
held for other||||26,234||17,814||8,420|
|charitable
institutions|||||||||
|Leicester Children's|||Aid|6,039|2,618|942||7,715|
|Association|||||||||
|Other funds held|for|||164,009|893,449|856,746||200,712|
|distribution
to the||needy|||||||
|Local Authorities||and CCGs|||130,949|130,949|||
|||||F199,367|E1,090,016|F1,034,466||F254,917|
##
##
##
|Analysis|of net as|sets between
fu|sets between
fu|sets between
fu|nds|||||
|---|---|---|---|---|---|---|---|---|---|
|Group||Unrestricted|||Restricted|Designated|Endowment|Total|Total|
||||fund||Fund|Funds|Funds|Funds|Funds|
|||||||||2022|2021|
|Fund balances at||31|March|||||||
|2022 are|represented||by:|||||||
|Tangible|fixed||150,000|||||150,000|166,771|
|assets||||||||||
|Investments||||100|||75,218|75,318|69,365|
|Current assets|||246,698||244,043|140,000|774|631,515|718,745|
|Creditors:|||(76,|110)|(106,453)|||(182,563)|(172,021)|
|amounts|falling|||||||||
|due within|one|||||||||
|year||||||||||
|Creditors:|||(25,000)|||||(25,000)|(133,000)|
|amounts|falling|||||||||
|due after|one year|||||||||
||||F295,688||F137,590|f140,000|F75,992|F649,270|F649,860|
|Company||||||||||
|Fund balances at||31|March|||||||
|2022 are|represented||by:|||||||
|Tangible|fixed||150,000|||||150,000|162,500|
|assets||||||||||
|Investments||||100|||75,218|75,318|69,465|
|Current assets|||282,708||264,697|140,000|774|688,179|762,873|
|Creditors:|||(76,110)||(106,453)|||(182,563)|(153,646)|
|amounts|falling|||||||||
|due within|one|||||||||
|year||||||||||
|Creditors:|||(25,000)|||||(25,000)|(133,000)|
|amounts|falling|||||||||
|due after|one year|||||||||
||||F331,698||F158,244|F140,000|F75,992|F705,934|F708,192|
##
##
||||||Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|
|||||||2022|2021|
|Unrealised|gains/(losses)||included above:|||||
|On investments||(see below)|||F9,515|9,515|E6,859|
|Reconciliation||of movements||in unrealised||||
|Gains/(losses)||on investment||assets||||
|Unrealised|gains||||6,859|6,859|(7,004)|
|at||||||||
|1 April 2021||||||||
|Deduct
in|respect||||||144|
|of||||||||
|disposals|in year|||||||
||||||6,859|6,859|(6,860)|
|Net reduction|||||2,656|2,656|13,719|
|arising
in year||||||||
|Unrealised|deficit||||f9,515|f9,515|f6,859|
|at||||||||
|31 March|2022|||||||
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
||||||E|
|Leicester Indigent|Old Age Society|||4,537|4,014|
|The Mansion
Trust|(UK)|||2,443|3,214|
|The Nicholson
Memorial
Fund|||(Rosehill Trust)|14,547|14,509|
|R Daphne
Plunket|Charitable|Trust||78,352|14,020|
|Edward Wood Poor Widows||||1,372|1,421|
|Alderman
Newton's|Educational||Foundation|15,832|13,112|
##
##
##
|2022|2021|
|---|---|
|f53,652|P6,750|
##
##
##
|Reconciliation
of|net|income to net cash flow from op|erations||
|---|---|---|---|---|
||||2022|2021|
|Net movement
in funds|||(590)|246,468|
|Depreciation
oftangible||fixed assets|16,771|17,992|
|Gains on investments|||(2,656)|(13,811)|
|Investment
income|||(18,291)|(17,722)|
|Decrease
in stock|||2,878|1,106|
|Increase
in debtors|||(100,893)|(218,906)|
|(Decrease)/Increase|in|creditors|(63,370)|31,762|
|Net cash (outflow)/inflow||from operations|(F166,151)|F46,889|