| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details | |||
| Report ofthe Trustees | 2 | to | 19 | |
| Report ofthe Independent Auditors |
20 | to | 23 | |
| Statement ofFinancial Activities | 24 | |||
| Statement ofFinancial Position | 25 | to | 26 | |
| Statement ofCash Flows | 27 | |||
| Notes to the Statement ofCash | Flows | 28 | ||
| Notes to the Financial Statements | 29 | to | 38 |
| for the | year en | ded 31 March | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| fund | fund | funds | funds | ||||||
| Notes | |||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||
| Donations | and legacies | 2 | 128,227 | 228,323 | 356,550 | 249,726 | |||
| Other trading activities | 3 | 1,141,234 | 1 | 1,141,235 | 1,107,506 | ||||
| Investment | income | 4 | 53,533 | 53,533 | 13,928 | ||||
| Total | 1,322,994 | 228,324 | 1,551,318 | 1,371,160 | |||||
| EXPENDITURE ON | |||||||||
| Raising funds | 5 | 259,615 | 656 | 260,271 | 238,140 | ||||
| Charitable | activities | ||||||||
| Ward grant | budget | 1,992 | |||||||
| Old peoples project | 1,013 | 1,013 | 186 | ||||||
| Festival expenses | 7,813 | 7,813 | 2,649 | ||||||
| Homeless | 530 | 530 | 200 | ||||||
| Kickstart | 155,461 | 155,461 | 556 | ||||||
| Covid-19 | 30,266 | ||||||||
| Surgery | 250 | 250 | |||||||
| Other | 1,047,041 | 48,938 | 1,095,979 | 1,003,446 | |||||
| Total | 1,316262 | 205,055 | 1,521,317 | 1,277,435 | |||||
| NET INCOME | 6,732 | 23,269 | 30,001 | 93,725 | |||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds | brought | forward | 768,557 | 768,557 | 674,832 | ||||
| TOTAL FUNDS CARRIED FORWARD | 775,289 | 23,269 | 798,558 | 768,557 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 104,518 | 104,518 | 113,177 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 451,885 | 451,885 | 623,007 | |
| Cash at bank and in hand | 467,974 | 23,269 | 491,243 | 247,560 | |
| 919,859 | 23,269 | 943,128 | 870,567 | ||
| CREDITORS | |||||
| Amounts falling due witliin one year |
14 | (204,628) | (204,628) | (165,187) | |
| NET CURRENT ASSETS | 715,231 | 23,269 | 738,500 | 705,380 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 819,749 | 23,269 | 843,018 | 818,557 | |
| CREDITORS | |||||
| Amounts falling due after more than one |
|||||
| year | 15 | (44,460) | (44,460) | (50,000) | |
| NET ASSETS | 775,289 | 23,269 | 798,558 | 768,557 |
| for | the year ended 31 | March 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | ||||
| Cash flows from operating | activities | |||
| Cash generated fiom operations |
266,425 | 35,430 | ||
| Interest paid | (672) | |||
| Net cash provided by operating activities |
265,753 | 35,430 | ||
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets | (13,018) | |||
| Net cash (used in)/provided | by investing | activities | (13,018) | |
| Cash flows from financing | activities | |||
| New loans in year | 50,001 | |||
| Loan repayments in year |
(5,540) | |||
| Net cash (used in)/provided | by financing | activities | (5,540) | 50,001 |
| Change in cash and cash equivalents | ||||
| in the reporting period |
247,195 | 85,431 | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 2 | 244,048 | 158,617 |
| Cash and cash equivalents | at the end | |||
| ofthe reporting period |
491,243 | 244,048 |
| ACTIVITIES | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Net income for the | reporting | period (as per the | Statement of | |||
| Financial Activities) | 30,001 | 93,725 | ||||
| Adjustments for: Depreciation charges |
21,677 | 20,019 | ||||
| Interest paid Decrease/(increase) Increase in creditors |
in | debtors | 672 171,122 42,953 |
(115,068) 36,754 |
||
| Net cash provided | by | operations | 266,425 | 35,430 | ||
| ANALYSIS OF CASH AND | CASH EQUIVALENTS | |||||
| 2022 | 2021 | |||||
| Cash in hand | 271 | |||||
| Notice deposits (less than 3 months) | 491,243 | 247,289 | ||||
| Overdrafts included |
in | bank loans and overdrafls | falling due witlun | |||
| one year | (3,512) | |||||
| Total cash and cash | equivalents | 491,243 | 244,048 | |||
| ANALYSIS OF CHANGES | IN NET FUNDS | |||||
| At 1/4/21 | Cash flow | At 31/3/22 | ||||
| Net cash | ||||||
| Cash at bank and in | hand | 247,560 | 243,683 | 491,243 | ||
| Bank overdraft | (3,512) | 3,512 | ||||
| 244,048 | 247,195 | 491,243 | ||||
| Debt | ||||||
| Debts falling due afler | 1 year | (50,000) | 5,540 | (44,460) | ||
| (50,000) | 5,540 | (44,460) | ||||
| Total | 194,048 | 252,735 | 446,783 |
| cost ofliving cr | isis to significantly affect the operational ability o |
fthe charity, | ||
|---|---|---|---|---|
| DONATIONS | AND LEGACIES | |||
| 2022 | 2021 | |||
| Donations | 1,386 | |||
| Grants | 355,164 | 249,726 | ||
| 356,550 | 249,726 | |||
| Grants received, | included in the above, are as follows.' | |||
| 2022 | 2021 | |||
| f. | ||||
| All other grants | 175,779 | (7,341) | ||
| Kick start grant | 179,385 | |||
| Other grants | 257,067 | |||
| 355,164 | 249,726 | |||
| 3. | OTHER TRADING ACTIVITIES | |||
| 2022 | 2021 | |||
| f. | ||||
| Income - care | 1,141,235 | 1,107,506 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Restaurant | hire | 14,865 | ||||
| Office room hire | 38,668 | 13,928 | ||||
| 53,533 | 13,928 | |||||
| 5. | RAISING | FUNDS | ||||
| Raising donations | and legacies | |||||
| 2022 | 2021 | |||||
| E | ||||||
| Support costs | 7,101 | |||||
| Other trading activities |
||||||
| 2022 | 2021 | |||||
| Bad debts | (493) | |||||
| Direct care | provision | exps. | 260,271 | 231,532 | ||
| 260,271 | 231,039 | |||||
| Aggregate | amounts | 260,271 | 238,140 | |||
| 6, | CHARITABLF. ACTIVITIES COSTS | |||||
| Support | ||||||
| costs (see | ||||||
| note 7) | ||||||
| Old peoples project Festival expenses Homeless |
1,013 7,813 530 |
|||||
| Kickstart | 155,461 | |||||
| Surgery | 250 | |||||
| 165,067 |
| SUPPORT | COSTS | |||||
|---|---|---|---|---|---|---|
| Information | ||||||
| Management | Finance | technology | ||||
| Other resources expended | 1,087,647 | 235 | ||||
| Old peoples | project | 1,013 | ||||
| Festival expenses | 7,813 | |||||
| Homeless | 530 | |||||
| Kickstart | 155,361 | 100 | ||||
| Surgery | 250 | |||||
| 1,252,614 | 235 | 100 | ||||
| Governance | ||||||
| Other 2 | costs | Totals | ||||
| Other resources expended | 672 | 7,425 | 1,095,979 | |||
| Old peoples | project | 1,013 | ||||
| Festival expenses | 7,813 | |||||
| Homeless | 530 | |||||
| Kickstart | 155,461 | |||||
| Surgery | 250 | |||||
| 672 | 7,425 | 1,261,046 | ||||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||||
| 2022 | 2021 | |||||
| Auditors' remuneration |
4,200 | 4,200 | ||||
| Auditors' remuneration |
for | non audit work | 3,225 | 3,000 | ||
| Depreciation | - owned assets | 21,677 | 20,020 |
| STAFF COS | TS | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f. | ||||||
| Wages and salaries Social security costs |
820,665 51,466 |
764,820 50,358 |
||||
| Other pension | costs | 6,259 | 5,612 | |||
| 878,390 | 820,790 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | |||||
| Administration | &other operations | staff | 41 | 13 | ||
| Care staff | 40 | 44 | ||||
| 81 | 57 |
| No employees received emoluments |
in excess off60,000, | ||
|---|---|---|---|
| COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |
| fund | fund | funds | |
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
249,726 | 249,726 | |
| Other trading activities | 1,107,506 | 1,107,506 | |
| Investment income |
13,928 | 13,928 | |
| Total | 1,371,160 | 1,371,160 | |
| EXPENDITURE ON | |||
| Raismg funds | 238,140 | 238,140 | |
| Charitable activities |
|||
| Ward grant budget | 1,992 | 1,992 | |
| Old peoples project Festival expenses |
186 2,649 |
186 2,649 |
|
| Homeless | 200 | 200 | |
| Kickstart | 556 | 556 | |
| Covid-19 | 30,266 | 30,266 | |
| Other | 1,003,446 | 1,003,446 | |
| Total | 1,277,435 | 1,277,435 | |
| NET INCOME | 93,725 | 93,725 |
| Notes to the Financial Statements -continued for the year ended 31March 2022 |
Notes to the Financial Statements -continued for the year ended 31March 2022 |
Notes to the Financial Statements -continued for the year ended 31March 2022 |
Notes to the Financial Statements -continued for the year ended 31March 2022 |
Notes to the Financial Statements -continued for the year ended 31March 2022 |
|||
|---|---|---|---|---|---|---|---|
| 11. | COMPARATIVES | FOR THE STATEMENT OFFINANCIAL ACTIVITIES -continued | |||||
| Unrestricted | Restricted | Total | |||||
| fund | fund | funds | |||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | fonvard | 674,832 | 674,832 | ||||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 768,557 | 768,557 | |||||
| 12. | TANGIBLE | FIXEDASSETS | |||||
| Freehold | Short | Plant and | |||||
| property | leasehold | machinery | Totals | ||||
| E | |||||||
| COST | |||||||
| At 1 April 2021 | 111,545 | 224,378 | 170,993 | 506,916 | |||
| Additions | 13,018 | 13,018 | |||||
| At 31March | 2022 | 111,545 | 224,378 | 184,011 | 519,934 | ||
| DEPRECIATION | |||||||
| At 1 April 2021 | 33,306 | 208,606 | 151,827 | 393,739 | |||
| Charge for year | 1,814 | 11,817 | 8,046 | 21,677 | |||
| At 31 March | 2022 | 35,120 | 220,423 | 159,873 | 415,416 | ||
| NET BOOK | VALUE | ||||||
| At 31March | 2022 | 76,425 | 3,955 | 24,138 | 104,518 | ||
| At 31March | 2021 | 78,239 | 15,772 | 19,166 | 113,177 | ||
| 13. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 2022 | 2021 | ||||||
| Trade debtors | 422,102 | 593,648 | |||||
| Rent deposit | - Hamngey | Counc | 11,250 | 11,250 | |||
| Undeposited | funds | 400 | |||||
| Staff loan | 9,971 | 8,695 | |||||
| Purchase ledger debit balances | 5,257 | 6,568 | |||||
| Prepayments | 2,905 | 2,846 | |||||
| 451,885 | 623,007 |
| for the year ended 31 Ma | for the year ended 31 Ma | for the year ended 31 Ma | rch 2022 | |||
|---|---|---|---|---|---|---|
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | ||||
| 2022 | 2021 | |||||
| E | ||||||
| Bank loans and overdrafts (see note 16) |
3,512 | |||||
| Trade creditors | 61,254 | 37,689 | ||||
| Kitchen &Hall deposit | 5,000 | 5,000 | ||||
| Social security and other taxes | 40,927 | 53,488 | ||||
| Wages control Pension control |
90,247 | 52,785 5,513 |
||||
| Accrued expenses | 7,200 | 7,200 | ||||
| 204,628 | 165,187 | |||||
| 15. | CREDITORS: AMOUNTS FALLING DUE AFTER | MORE THAN | ONE YEAR | |||
| 2022 | 2021 | |||||
| Bank loans (see note | 16) | 44,460 | 50,000 | |||
| 16. | LOANS | |||||
| An analysis ofthe maturity | ofloans is given below: | |||||
| 2022 | 2021 | |||||
| Amounts falling due |
within | one year on demand; | ||||
| Bank overdrafts | 3,512 | |||||
| Amounts falling due |
in more than five years: | |||||
| Repayable otherwise than by instalments; Bank loans more 5yrs non-inst |
44,460 | 50,000 | ||||
| 17. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1/4/21 | in funds | 31/3/22 | ||||
| Unrestricted funds |
||||||
| General fund | 768,557 | 6,732 | 775,289 | |||
| Restricted funds | ||||||
| Restricted funds | 23,269 | 23,269 | ||||
| TOTAL FUNDS | 768,557 | 30,001 | 798,558 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General | fund | 1,322,994 | (1,316,262) | 6,732 | |||
| Restricted funds | |||||||
| Restricted funds | 228,324 | (205,055) | 23,269 | ||||
| TOTAL | FUNDS | 1,551,318 | (1,521,317) | 30,001 | |||
| Comparatives | for movement | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1/4/20 | in funds | 31/3/21 | |||||
| Unrestricted | funds | ||||||
| General | fund | 674,832 | 93,725 | 768,557 | |||
| TOTAL | FUNDS | 674,832 | 93,725 | 768,557 | |||
| Comparative | net movement | in | funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General | fund | 1,371,160 | (1,277,435) | 93,725 | |||
| TOTAL | FUNDS | 1,371,160 | (1,277,435) | 93,725 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/4/20 | in funds | 31/3/22 | |
| Unrestricted funds |
|||
| General fund |
674,832 | 100,457 | 775,289 |
| Restricted funds | |||
| Restricted funds | 23,269 | 23,269 | |
| TOTAL FUNDS | 674,832 | 123,726 | 798,558 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
2,694,154 | (2,593,697) | 100,457 |
| Restricted funds | |||
| Restricted funds | 228,324 | (205,055) | 23,269 |
| TOTAL FUNDS | 2,922,478 | (2,798,752) | 123,726 |