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|---|---|---|---|---|
|Trustees'|report|||1-4|
|Independent<br>auditor's||report||5-8|
|Statement|offinancial|activities|||
|Summary|income and|expenditure|account|10|
|Balance sheet|||||
|Statement|ofcash flows|||12|
|Notes to|the financial|statements||13-23|





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023|2022|
|||||Notes||F|
|Income from:|||||||
|Donations<br>and legacies|||||3,689|5,777|
|Charitable<br>activities|||||1,602,090|1,424,791|
|Investments|||||2,822|44|
|Total income|||||1,608,601|1,430,612|
|Charitable<br>activities||||6|1,513,916|1,356,759|
|Other expenditure||||10|5,497|6,003|
|Total expenditure|||||1,519,413|1,362,762|
|Net income|||||89,188|67,850|
|Other recognised||gains and losses:|||||
|Revaluation<br>oftangible|||fixed assets|||15,208|
|Net movement|in funds||||89,188|83,058|
|Reconciliation|of|funds:|||||
|Fund balances|at 1 April 2022||||630,323|547,265|
|Fund balances|at|31 March 2023|||719,511|630,323|





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|||||All income funds||
|---|---|---|---|---|---|
|||||2023|2022|
||||||E|
|Income||||1,605,779|1,430,568|
|Interest and|investment||income|2,822|44|
|Gross income||||1,608,601|1,430,612|
|Expenditure||||1,508,885|1,351,700|
|Depreciation|of|fixed assets||5,031|5,059|
|Financing costs||||5,497|6,003|
|Total expenditure||from|income funds|1,519,413|1,362,762|
|Net income|for|the year||89,188|67,850|





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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||||561,677||561,805|
|Current assets||||||||
|Debtors|||12|97,402||89,778||
|Cash at bank and in|hand|||412,604||311,277||
|||||510,006||401,055||
|Creditors: amounts|falling|due within|13|||||
|one year||||(226,799)||(191,720)||
|Net current assets|||||283,207||209,335|
|Total assets less current liabilities|||||844,884||771,140|
|Creditors: amounts|falling|due after||||||
|more than one year|||14||(125,373)||(140,817)|
|Net assets|||||719,511||630,323|
|The funds ofthe charitable||company||||||
|General<br>unrestricted|funds||||704,303||615,115|
|Revaluation<br>reserve|||||15,208||15,208|
||||||719,511||630,323|






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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|E||||
|Cash flows from operating|||activities||||||
|Cash generated<br>from operations||||20||119,649||98,348|
|Investing||activities|||||||
|Purchase|oftangible<br>fixed assets||||(6,300)||(2,173)||
|Proceeds|from disposal oftangible<br>fixed||||||||
|assets|||||||453||
|Investment||income received|||2,822||44||
|Net cash||used in investing|activities|||(3,478)||(1,676)|
|Financing||activities|||||||
|Repayment||of bank loans|||(14,844)||(14,340)||
|Net cash||used in financing|activities|||(14,844)||(14,340)|
|Net increase<br>in cash and cash equivalents||||||101,327||82,332|
|Cash and||cash equivalents|at beginning|of year||311,277||228,945|
|Cash and||cash equivalents|at end of|year||412,604||311,277|





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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2023|2022|
||||||||E|
||Donations|and|gifts|||3,689|5,777|
|4|Income from||charitable|activities||||
|||||||Unrestricted|Unrestricted|
|||||||funds|funds|
||Management||fees||||13,500|
||Rent and|service charges||||1,563,342|1,373,299|
||Grant income||- West Northamptonshire||Council|38,748|37,992|
|||||||1,602,090|1,424,791|
|5|Income from||investments|||||
|||||||Unrestricted|Unrestricted|
|||||||funds|funds|
|||||||2023|2022|
||Interest receivable|||||2,822|44|





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||||Charitable|Charitable|
|---|---|---|---|---|
||||Expenditure|Expenditure|
||||2023|2022|
|||||F|
||Staff costs (see note 9)||361,391|303,401|
||Rent||1,003,525|873,863|
||Light and heat||14,348|11,860|
||Council tax and water|rates|16,256|9,579|
||Insurance||14,534|12,209|
||Property<br>repairs and cleaning||22,671|28,183|
||Resident support costs||3,482|5,489|
||Motor and travel||11,748|9,661|
||||1,447,955|1,254,245|
||Share ofsupport costs (see note 7)||49,926|86,807|
||Share ofgovernance|costs (see note 7)|16,035|15,707|
||||1,513,916|1,356,759|
|7|Support costs allocated to activities||||
||||2023|2022|
||Office and garage rent||674|2,211|
||Office light and heat||6,929|1,308|
||Telephone<br>and office||6,265|3,720|
||Repairs and renewals||12,529|34,401|
||Advertising|||4,000|
||Computer expenses||9,692|24,449|
||Sundry expenses||7,408|10,105|
||Depreciation<br>offixed|assets|5,031|5,059|
||Loss on scrapping<br>oftangible assets||1,398|1,554|
||Governance<br>costs||16,035|15,707|
||||65,961|102,514|
||||2023|2022|
||Governance costs comprise:||||
||Audit and accountancy fees||11,900|10,404|
||Legal and professional||4,135|5,303|
||||16,035|15,707|





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|The average||m|onthly<br>number ofemployees<br>during the ye|ar was:||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Number|Number|
|||||13|13|
|Employment||costs||2023|2022|
|Wages and||salaries||298,692|273,943|
|Social security|||costs|23,700|18,783|
|Other pension|||costs|13,736|13,939|
|Redunancy||costs|||(8,090)|
|Temporary|agency staff|||9,578||
|Staff advertising|||and training|15,685|4,826|
|||||361,391|303,401|



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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|Financing|costs|5,497|6,003|





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|11|Tangible fixed assets|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Freehold|land|Fixtures and|Motor|Total|
|||||and buildings||fittings|vehicles||
||Cost or valuation||||||||
||At 1 April 2022|||550,000||30,764|15,056|595,820|
||Additions|||||6,300||6,300|
||Disposals|||||(4,116)||(4,116)|
||At 31 March|2023||550,000||32,948|15,056|598,004|
||Depreciation|and impairment|||||||
||At 1 April 2022|||||19,648|14,367|34,015|
||Depreciation|charged|in the year|||4,841|190|5,031|
||Eliminated<br>in|respect of disposals||||(2,719)||(2,719)|
||At 31 March|2023||||21,770|14,557|36,327|
||Carrying<br>amount||||||||
||At 31 March|2023||550,000||11,178|499|561,677|
||At 31 March|2022||550,000||11,116|689|561,805|



|Debtors||||
|---|---|---|---|
|||2023|2022|
|Amounts<br>falling due within one year:||E||
|Trade debtors||79,890|76,152|
|Other debtors||4,023|1,332|
|Prepayments|and accrued income|13,489|12,294|
|||97,402|89,778|





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|13|Creditors: am|ounts|falling due within one year||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Notes|E||
||Bank loans|||15|15,444|14,843|
||Other taxation|and social security|||7,804|6,452|
||Trade creditors||||17,570|47,905|
||Other creditors||||30,221|1,759|
||Accruals and deferred||income||155,760|120,761|
||||||226,799|191,720|
|14|Creditors: amounts||falling due after more than one year||||
||||||2023|2022|
|||||Notes|||
||Bank loans||||125,373|140,817|
|15|Loans and overdrafts||||||
||||||2023|2022|
||Bank loans||||140,817|155,660|
||Payable<br>within|one year|||15,444|14,843|
||Payable after|one year|||125,373|140,817|



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|||At 1 April|Incoming|Resources|Gains and|At 31 March|
|---|---|---|---|---|---|---|
|||2022|resources<br>E|expended<br>f|losses<br>F|2023|
|General|funds|630,323|1,608,601|(1,519,413)||719,511|





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|Analy|sis ofchan|ges<br>in net funds|||||
|---|---|---|---|---|---|---|
||||At|1April 2022|Cash flowsAt 31 March 2023||
||||||f|f|
|Cash|at bank and|in hand||311,277|101,327|412,604|
|Loans|falling due|within one year||(14,843)|(601)|(15,444)|
|Loans|falling due|after more than one year||(140,817)|15,444|(125,373)|
|||||155,617|116,170|271,787|





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|20|Cash generated<br>from|operations|operations|operations||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||Surplus for the year|||||||89,188|67,850|
||Adjustments<br>for:|||||||||
||Investment<br>income recognised|||in statement||offinancial|activities|(2,822)|(44)|
||Loss on disposal oftangible||fixed assets|||||1,398|1,554|
||Depreciation<br>and impairment|||oftangible|fixed assets|||5,031|5,059|
||Movements<br>in working|capital:||||||||
||(Increase)<br>in debtors|||||||(7,624)|(28,604)|
||Increase<br>in creditors|||||||34,478|52,533|
||Cash generated<br>from|operations||||||119,649|98,348|
|21|Auditor's<br>liability<br>limitation|||agreement||||||