| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Company, | its Trustees and Advisers | ||
| Chairman's | Statement | 2-4 | ||
| Trustees' Report | 5-10 | |||
| Independent | Auditors' Report |
on the Financial Statements | 11-14 | |
| Consolidated | Statement of Financial Activities | 15 | ||
| Consolidated | Balance Sheet | 16 - 17 | ||
| Company Balance Sheet |
18-19 | |||
| Consolidated | Statement ofCash Flows | 20 | ||
| Notes to the | Financial Statements | 21-41 |
| Trustees | P Parker | ||
|---|---|---|---|
| H Kok (resigned 25 August 2020) | |||
| S Featherby | |||
| Cllr C R Oxby | |||
| C Liggins | |||
| L Millington | |||
| K Redmile | |||
| Company | registered | ||
| number | 03777156 | ||
| Charity registered | |||
| number | 1078539 | ||
| Registered | office | 36 Park Street | |
| Lincoln | |||
| LN1 1UQ | |||
| Company | secretary | M Jolly | |
| Chief executive officer | M Jolly | ||
| Independent | auditors | Streets Audit LLP | |
| Tower House | |||
| Lucy Tower Street | |||
| Lincoln | |||
| LN1 1XW | |||
| Bankers | Lloyds Bank | ||
| High Street | |||
| Lincoln | |||
| LN5 7AP |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Note | R | f. | F | ||||
| Income from: | |||||||
| Donations and legacies |
615,484 | 1,307,108 | 1,922,592 | 563,065 | |||
| Charitable activities |
2,016,071 | 37,279 | 2,053,350 | 2,414,937 | |||
| Other trading activities |
26,423 | 26,423 | 225,639 | ||||
| Investments | 6,618 | 6,618 | 17,149 | ||||
| Total income | 2,664,596 | 1,344,387 | 4,008,983 | 3,220,790 | |||
| Expenditure on: |
|||||||
| Raising funds | 59,387 | 59,387 | 118,811 | ||||
| Charitable activities |
2,610,231 | 868,265 | 3,478,496 | 3,436,646 | |||
| Total expenditure | 2,669,618 | 868,265 | 3,537,883 | 3,555,457 | |||
| Net (expenditure)fincome before net gains/(losses) on investments |
(5,022) | 476,122 | 471,100 | (334,667) | |||
| Net gains/(losses) | on investments | 75,595 | 75,595 | (24,273) | |||
| Net movement in |
funds | 70,573 | 476,122 | 546,695 | (358,940) | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 1,781,771 | 256,528 | 2,038,299 | 2,397,239 | ||
| Net movement in funds |
70,573 | 476,122 | 546,695 | (358,940) | |||
| Total funds carried forward | 1,852,344 | 732,650 | 2,584,994 | 2,038,299 |
| CONSOLIDATED | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31 | MARCH 2021 | |||||
| 2021 | 2020 | |||||
| Note | E | |||||
| Fixed assets | ||||||
| Tangible assets | 12 | 856,980 | 869,706 | |||
| Investments | 13 | 334,735 | 259,140 | |||
| 1,191,715 | 1,128,846 | |||||
| Current assets | ||||||
| Stocks | 15 | 26,467 | 18,625 | |||
| Debtors | 16 | 679,010 | 367,507 | |||
| Cash at bank and | in | hand | 1,339,956 | 787,516 | ||
| 2,045,433 | 1,173,648 | |||||
| Creditors: amounts | falling due within | one | ||||
| year | 17 | (652,154) | (264,195) | |||
| Net current assets | 1,393,279 | 909,453 | ||||
| Total assets less | current liabilities | 2,584,994 | 2,038,299 | |||
| Total net assets | 2,584,994 | 2,038,299 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021f | 2021f | 2021f | ||
| Donations | 66,031 | 66,031 | ||
| Legacies | ||||
| Grants | 196,144 | 1,307,108 | 1,503,252 | |
| Government | grants | 353,309 | 353,309 | |
| 615,484 | 1,307,108 | 1,922,592 | ||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2020f | 2020f | 2020f | ||
| Donations | 90,076 | 90,076 | ||
| Legacies | 1,050 | 1,050 | ||
| Grants | 23,367 | 448,572 | 471,939 | |
| 114,493 | 448,572 | 563,065 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021f | 2021f | 2021f | ||
| Help in Home | 1,027,777 | 1,027,777 | ||
| Day Centre | Services | 112,633 | 112,633 | |
| Sundry Income | 104,539 | 104,539 | ||
| Care Services | 771,122 | 771,122 | ||
| Community | Connectors | 37,279 | 37,279 | |
| 2,016,071 | 37,279 | 2,053,350 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| E | |||
| Help in Home | 1,284,423 | 1,284,423 | |
| Day Centre Services | 356,217 | 356,217 | |
| Sundry Income | 53,431 | 53,431 | |
| Care Services | 683,363 | 683,363 | |
| Building Better Opportunities | 37,503 | 37,503 | |
| 2,377,434 | 37,503 | 2,414,937 |
| Total | |||||
|---|---|---|---|---|---|
| funds | |||||
| 2021 | |||||
| Membership | subscriptions | ||||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2020 | 2020 | ||||
| E | |||||
| Membership | subscriptions | 1,556 | 1,556 | ||
| Income from | non charitable | trading | activities | ||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021 | 2021 | ||||
| E | F | ||||
| Charity Shops | 26,423 | 26,423 |
| Income from non charitable trading activitie |
s (continued) | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2020 | 2020 | |
| F | E | |
| Charity Shops | 106,803 | 106,803 |
| Insurance | 117,280 | 117,280 |
| Total 2020 | 224,083 | 224,083 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| F | F | ||||
| Rent receivable | 4,176 | 4,176 | |||
| Investment | income | 2,442 | 2,442 | ||
| 6,618 | 6,618 | ||||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2020 | 2020 | ||||
| Rent receivable | 13,109 | 13,109 | |||
| Investment | income - subsidiaries, | associates and connected | companies | 4,040 | 4,040 |
| 17,149 | 17,149 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| E | ||||
| Technical | 52,440 | 52,440 | ||
| Help in the Home | 1,105,913 | 1,105,913 | ||
| Day Centre | Services | 243,397 | 106,867 | 350,264 |
| Community | support services | 149,546 | 183,657 | 333,203 |
| Primary Care Navigators | 144,428 | 144,428 | ||
| Care Services | 674,484 | 159,372 | 833,856 | |
| Vaccination | Services | 98,048 | 376,662 | 474,710 |
| Community | Connectors | 8,123 | 41,707 | 49,830 |
| Charity shop | 110,099 | 110,099 | ||
| Governance | and Support Costs | 23,753 | 23,753 | |
| Total 2021 | 2,610,231 | 868,265 | 3,478,496 | |
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2020 | 2020 | 2020 | ||
| E | E | |||
| Technical | 63,824 | 63,824 | ||
| Help in the Home | 1,310,789 | 1,310,789 | ||
| Day Centre | Services | 432,921 | 105,551 | 538,472 |
| Community | support services | 42,413 | 257,775 | 300,188 |
| Park Street | 138,181 | 138,181 | ||
| Primary Care Navigators | 145,201 | 145,201 | ||
| Transport | 8,490 | 8,490 | ||
| Care Services | 625,531 | 71,377 | 696,908 | |
| Community | Connectors | 38,122 | 38,122 | |
| Charity shop | 164,752 | 164,752 | ||
| Governance | and Support Costs | 28,639 | 3,080 | 31,719 |
| Total 2020 | 2,952,251 | 484,395 | 3,436,646 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | |||
| directly | costs | funds | |||
| 2021 | 2021 | 2021 | |||
| F | E | F | |||
| Technical | 52,440 | 52,440 | |||
| Help in the Home |
1,059,846 | 46,067 | 1,105,913 | ||
| Day Centre | Services | 343,718 | 6,546 | 350,264 | |
| Community | support services | 176,524 | 156,679 | 333,203 | |
| Primary Care Navigators | 102,691 | 41,737 | 144,428 | ||
| Care Services | 739,327 | 94,529 | 833,856 | ||
| Vaccination | Services | 376,662 | 98,048 | 474,710 | |
| Community | Connectors | 41,707 | 8,123 | 49,830 | |
| Charity shop trading | 110,099 | 110,099 | |||
| Support and Governance | Costs | 23,753 | 23,753 | ||
| Total 2021 | 2,950,574 | 527,922 | 3,478,496 | ||
| Activities | |||||
| undertaken | Support | Total | |||
| directly | costs | funds | |||
| 2020 | 2020 | 2020 | |||
| E | E | ||||
| Technical | 63,824 | 63,824 | |||
| Help in the Home |
1,217,758 | 93,031 | 1,310,789 | ||
| Day Centre | Services | 516,316 | 22,156 | 538,472 | |
| Community | support services | 124,571 | 175,617 | 300,188 | |
| Park Street | 138,181 | 138,181 | |||
| Primary Care Navigators | 91,624 | 53,577 | 145,201 | ||
| Transport | 8,490 | 8,490 | |||
| Care Services | 696,908 | 696,908 | |||
| Community | Connectors | 38,122 | 38,122 | ||
| Charity shop trading | 164,752 | 164,752 | |||
| Governance | and Support | Costs | 31,719 | 31,719 | |
| Total 2020 | 2,858,541 | 578,105 | 3,436,646 |
| 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees payable to the company's | auditor for the audit | ofthe company's | ||||||||||
| annual accounts |
6,000 | 6,000 | ||||||||||
| Staff costs | ||||||||||||
| Group | Group | Company | Company | |||||||||
| 2021f | 2020 | 2021 E |
2020 | |||||||||
| Wages and | salaries | 2,731,883 | 2,582,112 | 2,731,883 | 2,535,483 | |||||||
| Social security costs | 138,970 | 133,525 | 138,970 | 133,525 | ||||||||
| Contribution | to defined | contribution | pension | |||||||||
| schemes | 58,300 | 57,529 | 58,300 | 57,529 | ||||||||
| 2,929,153 | 2, | 773,166 | 2,929,153 | 2,726,537 | ||||||||
| During the year a job |
evaluation | plan was | finalised | and as | a result | the charity | made four | redundancies. | ||||
| The total amount ofthe | severance | payments | was F19,053. | |||||||||
| The average | number | of persons | employed | by the company | during the year was | as follows: | ||||||
| Group | Group | |||||||||||
| 2021 | 2020 | |||||||||||
| No. | No. | |||||||||||
| LACE Service Delivery | 147 | 148 | ||||||||||
| LACE Support | 12 | 12 | ||||||||||
| Day Centre | Services | 6 | 12 | |||||||||
| Day Centre | Support | 12 | 10 | |||||||||
| Community | Support Services | 8 | 8 | |||||||||
| Management | & Support | 14 | 15 | |||||||||
| Care Delivery | 9 | 9 | ||||||||||
| Wellbeing Response |
33 | 30 | ||||||||||
| Technical Services | 5 | 5 | ||||||||||
| Retail | 3 | 8 | ||||||||||
| Vaccination | Centre | 23 | ||||||||||
| 272 | 257 |
| Freehold | Fixtures and | ||
|---|---|---|---|
| property | fittings | Total | |
| F | |||
| Cost or valuation | |||
| At 1 April 2020 | 889,157 | 190,916 | 1,080,073 |
| Additions | 9,473 | 9,473 | |
| At 31 March 2021 | 889,157 | 200,389 | 1,089,546 |
| Depreciation | |||
| At 1 April 2020 | 53,352 | 157,015 | 210,367 |
| Charge for the year | 8,892 | 13,307 | 22,199 |
| At 31 March 2021 | 62,244 | 170,322 | 232,566 |
| Net book value | |||
| At 31 March 2021 | 826,913 | 30,067 | 856,980 |
| At 31March 2020 | 835,805 | 33,901 | 869,706 |
| Unlisted | |
|---|---|
| investments | |
| Group | F |
| Cost or valuation | |
| At 1 April 2020 | 259,140 |
| Revaluations | 75,595 |
| At 31 March 2021 | 334,735 |
| Net book value | |
| At 31 March 2021 | 334,735 |
| At 31March 2020 | 259,140 |
| Unlisted | |
| investments | |
| company | E |
| Cost or valuation | |
| At 1 April 2020 | 259,140 |
| Revaluations | 75,595 |
| At 31 March 2021 | 334,735 |
| Net book value | |
| At 31 March 2021 | 334,735 |
| At 31March 2020 | 259,140 |
| Group | Group | Company | Company | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020f | 2021 E |
2020f | ||||
| Raw | materials | and | consumables | 26,467 | 18,625 | 26,467 | 18,625 |
| Group | Group | Company | Company | ||
|---|---|---|---|---|---|
| 2021 | 2020 f |
2021 | 2020f | ||
| Due within one year | |||||
| Trade debtors | 622,114 | 300,952 | 657,760 | 332,957 | |
| Prepayments | and accrued income | 56,896 | 66,555 | 56,896 | 72,054 |
| 679,010 | 367,507 | 714,656 | 405,011 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |||
| E | E | E | ||||
| Trade creditors | 22,019 | 51,557 | 21,392 | 50,785 | ||
| Other taxation | and social security | 189,139 | 43,581 | 189,139 | 43,581 | |
| Other creditors | 311,802 | 119,044 | 311,802 | 119,044 | ||
| Accruals and deferred | income | 129,194 | 50,013 | 129,194 | 50,013 | |
| 652,154 | 264,195 | 651,527 | 263,423 |
| Group | Group | Company | Company | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |||
| F | E | |||||
| Financial assets | ||||||
| Financial | assets measured | at fair value | ||||
| through | income and expenditure | 1,674,691 | 1,046,656 | 1,670,138 | 1,039,531 |
| Statement offunds - current | year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | Gains/ | 31 March | |||
| April 2020 | Income | Expenditure f |
(Losses) F |
2021 | |
| Unrestricted funds |
|||||
| General Funds - all funds | 1,781,771 | 2,664,596 | (2,669,618) | 75,595 | 1,852,344 |
| Restricted funds | |||||
| Bradbury grant |
188,000 | 188,000 | |||
| Improvement at Park Street |
36,448 | 36,448 | |||
| Advocacy | 8,910 | (7,414) | 1,496 | ||
| Building Better Opportunites | |||||
| (Building Connections) | 37,279 | (31,205) | 6,074 | ||
| Community Connectors |
78,337 | (41,710) | 36,627 | ||
| Eon Benefits (l&A) | 5,941 | (5,941) | |||
| Eon Warm Homes | 16,989 | (16,989) | |||
| CTSL | 32,080 | 76,874 | (33,889) | 75,065 | |
| LHP Response | 101,000 | (101,000) | |||
| Winter Pressures | 204,475 | (83,055) | 121,420 | ||
| Patient Support Service | 126,000 | (58,372) | 67,628 | ||
| Crisis Response Team | 131,000 | (28,031) | 102,969 | ||
| Vaccination Programme |
379,083 | (325,842) | 53,241 | ||
| Vaccination Coordination |
22,954 | (22,790) | 164 | ||
| Boston Big Local admin fee | 5,710 | (5,710) | |||
| Strengthening Connections |
92,835 | (72,975) | 19,860 | ||
| NHS Volunteering | 25,000 | (25,000) | |||
| Vitals for Veterans | 32,000 | (8,342) | 23,658 | ||
| 256,528 | 1,344,387 | (868,265) | 732,650 | ||
| Total offunds | 2,038,299 | 4,008,983 | (3,537,883) | 75,595 | 2,584,994 |
| Balance at | Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | Transfers | Gains/ | 31March | ||||||
| 1 April | 2019 f |
Income | Expenditure | in/out | (Losses) | 2020 | |||
| Unrestricted | |||||||||
| funds | |||||||||
| General Funds- | |||||||||
| all funds | 2,144,388 | 2,734,715 | (3,071,062) | (1,997) | (24,273) | 1,781,771 | |||
| Restricted | |||||||||
| funds | |||||||||
| Bradbury grant |
190,000 | (2,000) | 188,000 | ||||||
| Improvement | at | ||||||||
| Park Street | 37,528 | (1,080) | 36,448 | ||||||
| Hospital | |||||||||
| Transport | |||||||||
| Service | 25,323 | 12,200 | (37,523) | ||||||
| Advocacy | 35,640 | (35,640) | |||||||
| Building Better | |||||||||
| Opportunites | |||||||||
| (Building | |||||||||
| Connections) | 37,503 | (37,503) | |||||||
| Community | |||||||||
| Connectors | 100,000 | (100,000) | |||||||
| Eon Benefits | |||||||||
| (l&A) | 24,986 | (24,986) | |||||||
| Eon Warm | |||||||||
| Homes | 10,800 | (10,800) | |||||||
| CTSL | 55,905 | (23,825) | 32,080 | ||||||
| LHP Response | 71,377 | (71,377) | |||||||
| Winter | |||||||||
| Pressures | 90,941 | (90,941) | |||||||
| Lift Funding | 39,896 | (41,893) | 1,997 | ||||||
| Boston Big Local | |||||||||
| admin fee | 6,827 | (6,827) | |||||||
| 252,851 | 486,075 | (484,395) | 1,997 | 256,528 | |||||
| Total offunds | 2,397,239 | 486,075 | (3,555,457) | (24,273) | 2,038,299 |
| Summary | offunds - cu | rrent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Gains/ | 31 March | ||||
| April 2020 | Income | Expenditure | (Losses) | 2021 | ||
| F | F | F | F | |||
| General funds | 1,781,771 | 2,664,596 | (2,669,618) | 75,595 | 1,852,344 | |
| Restricted | funds | 256,528 | 1,344,387 | (868,265) | 732,650 | |
| 2,038,299 | 4,008,983 | (3,537,883) | 75,595 | 2,584,994 |
| Summary offund |
s - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | Gains/ | 31March | |||
| 1 April 2019f | Income | Expenditure | inlout | (Losses) E |
2020 | |
| General funds | 2,144,388 | 2,734,715 | (3,071,062) | (1,997) | (24,273) | 1,781,771 |
| Restricted funds | 252,851 | 486,075 | (484,395) | 1,997 | 256,528 | |
| 2,397,239 | 3,220,790 | (3,555,457) | (24,273) | 2,038,299 |
| Analysis ofnet assets between funds - cur | rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| K | |||
| Tangible fixed assets | 856,980 | 856,980 | |
| Fixed asset investments | 334,735 | 334,735 | |
| Current assets | 1,312,783 | 732,650 | 2,045,433 |
| Creditors due within one year | (652,154) | (652,154) | |
| Total | 1,852,344 | 732,650 | 2,584,994 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| Tangible fixed assets | 645,258 | 224,448 | 869,706 |
| Fixed asset investments | 259,140 | 259,140 | |
| Current assets | 1,141,568 | 32,080 | 1,173,648 |
| Creditors due within one year | (264,195) | (264,195) | |
| Total | 1,781,771 | 256,528 | 2,038,299 |
| Group | Group | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||
| Activities) | 546,695 | (358,940) | ||||||||||
| Adjustments for: |
||||||||||||
| Depreciation charges |
22,199 | 21,321 | ||||||||||
| (Gains)/Losses on |
investments | (75,595) | 24,273 | |||||||||
| Dividends, interests |
and | rents | from | investments | (2,442) | (4,040) | ||||||
| (Increase)/Decrease | in | stocks | (7,842) | 10,631 | ||||||||
| (Increase)/Decrease | in | debtors | (347,149) | 79,574 | ||||||||
| Increase/(Decrease) | in | creditors | 423,605 | (64,403) | ||||||||
| Net cash provided | by/(used | in) operating | activities | 559,471 | (291,584) |
| Group | Group | |||
|---|---|---|---|---|
| 2021f | 2020 | |||
| Cash in hand | 1,339,956 | 787,516 | ||
| Total cash and cash | equivalents | 1,339,956 | 787,516 | |
| 24. | Analysis ofchanges | in net debt |
| At 1 April | At 31 March | |||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | Cash flows | 2021 | ||||||
| K | F | |||||||
| Cash | at | bank | and | in | hand | 787,516 | 552,440 | 1,339,956 |
| 787,516 | 552,440 | 1,339,956 |