| Charity Reference and Administrative | Charity Reference and Administrative | Details | Details | ||
|---|---|---|---|---|---|
| Trustees Annual Report (Including | Director's | Report and Strategic Report) | 2-8 | ||
| Audit Report | 9-12 | ||||
| Statement ofFinancial Activities (including | Income and Expenditure | Account) | 13 | ||
| Balance Sheet | 14 | ||||
| Statement ofCashflows | 15 | ||||
| Notes to the Accounts | 16-22 |
| PARK LODGE PROJECT | PARK LODGE PROJECT | |||
|---|---|---|---|---|
| (LIMITED BYGUARANTEE) | ||||
| Charity Reference and Administrative Details for |
the year ended 31March 2022 | |||
| Charity Name: | Park Lodge Project | |||
| Charity Registration | Number: | 1086450 | ||
| Company Registration | Number: | 03910612 | ||
| Registered | Office and | |||
| Operational | Address: | 2 Central Avenue | ||
| Clarendon Park |
||||
| Leicester | ||||
| LE2 1TB | ||||
| Trustees (and Directors): | David Pollard | (Treasurer) | ||
| Ciaran Davidson | resigned 17January 2022 | |||
| Nigel Oldman | ||||
| Deborah Lockton | ||||
| Rod Moore | (Chair) | |||
| John Olaleye | ||||
| Brian McShane | joined 7 September 2021 | |||
| Management | Team: | Edward Bailey | Chief Executive Officer | |
| Helen Miller | Service Manager | |||
| Michelle Brown | Service Manager | |||
| Senior Statutory Auditor: | Anilkumar Tailor |
|||
| Celerica Ltd, Chartered | Certified Accountants | |||
| The Old Chapel, 9AKempson Road | ||||
| Leicester LE2 8AN | ||||
| Bankers: | National Westminster, |
1 Granby Street | ||
| Leicester, LE16EJ |
| Rod Moore | (Chair) | Nigel Oldman | Brian McShane |
|---|---|---|---|
| David Pollard | (Treasurer) | John Olaleye | |
| Ciaran Davidson | Deborah Lockton |
| 2022 | 2022 | 2022 | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||
| Unrestricted | D~esi | ated | Restricted | Total | Total | |||
| Note | Funds | Funds | Funds | Funds | Funds | |||
| g | g | g | ||||||
| Income and endowments | ||||||||
| Voluntary income |
2 | 16,386 | 3,430 | 19,816 | 95,933 | |||
| Charitable activities |
3 | 1,052,314 | 1,052,314 | 791,099 | ||||
| Investment income |
4 | 1 | 1 | 2 | ||||
| Other | ||||||||
| Total Income and endowments | 1,068,701 | 3,430 | 1,072,131 | 887,034 | ||||
| Expenditure on: |
||||||||
| Raising funds | ||||||||
| Charitable activities |
1,010,734 | 19,963 | 3,430 | 1,034,127 | 891,968 | |||
| Other | ||||||||
| Total expenditure | 1,010,734 | 19,963 | 3,430 | 1,034,127 | 891,968 | |||
| Net income (deficit) | 57,967 | (19,963) | - | 38,004 | (4,934) | |||
| Transfer between funds | (38,880) | 38,880 | ||||||
| Net movements in funds |
19,087 | 18,917 | 38,004 | (4,934) | ||||
| Reconciliation offunds: | ||||||||
| Total funds brought | forward | 114,130 | 834462 | 948,492 | 953,426 | |||
| Total funds carried forward | 133,217 | 853479 | - | 986,496 | 948,492 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| Cash flow from operating activities |
38,004 | (4,934) | |
| Depreciation oftangible fixed | assets | 5,232 | 5,335 |
| (increase)/decrease in debtors |
(19,333) | 264 | |
| Increase/(decrease) in creditors |
18,732 | (21,515) | |
| Bank interest received | (1) | (2) | |
| Bank interest paid | 19,963 | 17,799 | |
| Net cash flow from operating | activities | 62,597 | (3,053) |
| Cash flow from investing activities |
|||
| Purchase oftangible fixed assets | (251,363) | ||
| Interest received | 1 | 2 | |
| Net cash flow from investing | activities | 1 | (251,361) |
| Cash flow from financing activities |
|||
| Receipts &om issue ofnew long term loans | 50,000 | ||
| Repayment oflong term loans | (18,918) | (13,797) | |
| Interest paid | (19,963) | (17,799) | |
| Net cash flow from financing | activities | (38,881) | 18,404 |
| Net increase / (decrease) in cash and cash equivalents | 23,717 | (236,010) | |
| Cash and cash equivalents at |
1April 2021 | 69,042 | 305,052 |
| Cash and cash equivalents at |
31March 2022 | 92,759 | 69,042 |
| Cash and cash equivalents consists of: |
|||
| Cash at bank and in hand | 92,759 | 69,042 | |
| Cash and cash equivalents at |
31March 2022 | 92,759 | 69,042 |
| FORTHE | YEAR ENDED 31MAR | CH 2022 (C | ONTI | NUED) | |||
|---|---|---|---|---|---|---|---|
| 2 | Voluntary income |
2022 | 2021 | ||||
| Homeless Link | Restricted | 50,000 | |||||
| Leathers Sellers | Unrestricted | 40,000 | |||||
| Iob Retention Scheme |
Restricted | 3,430 | 2,802 | ||||
| Community Foundation |
Unrestricted | 9,970 | 1,724 | ||||
| Sundry donations | Unrestricted | 701 | 1,407 | ||||
| Miscellaneous | Unrestricted | 5,715 | |||||
| 19,816 | 95,933 | ||||||
| Voluntary income was |
KI9,816(2021:f95,933). K3,430were ofarestricted nature | ||||||
| (2021:f52,802) | |||||||
| 3 | Charitable activities income |
2022 | 2021 | ||||
| Housing benefits / rents |
/ commissioning | 1,052,314 | 791,099 | ||||
| 1,052,314 | 791,099 | ||||||
| Income from charitable | activities was f.1,052,313(2020:6791,099). | All unrestricted | |||||
| 4 | Investment income |
2022 | 2021 | ||||
| Bank Interest received | I | 2 | |||||
| Investment income was |
Kl (2021:K2). All ofthese were unrestricted. | ||||||
| 5 | Charitable activities expenditure |
2022 | 2021 | ||||
| Provide supported housing |
|||||||
| Activities undertaken | directly | 383,308 | 352,663 | ||||
| Support costs | 650,819 | 539,305 | |||||
| 1,034,127 | 891,968 | ||||||
| K1,030,697(2021:6839,166)ofthe above costs were related to | unrestricted funds. |
||||||
| K3,430(2021:f52,802) | ofthese costs were related | to restricted | funds. | ||||
| 6 | Allocation ofsupport | costs | Provide |
Provide |
| K3,430(20 | 21:f52,802 | )ofthese costs were relate | d to restricted funds. |
|
|---|---|---|---|---|
| Allocation | ofsupport | costs | Provide ~Se d |
Provide ~s |
| ~Housin | ~Housin | |||
| 2022 | 2021 | |||
| Governance | 29,044 | 35,294 | ||
| Travelling | 2,898 | 1,528 | ||
| Telephone | 10,656 | 7,370 | ||
| Salaries for resident support | 583,026 | 471,979 | ||
| Mortgage interest | 19,963 | 17,799 | ||
| Depreciation | 5,232 | 5,335 | ||
| 650,819 | 539,305 |
| 7 | Governance costs |
2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Advertising | 1,682 | 150 | |||||||
| Audit / Independent | examiner's | fees | 3,600 | 3,650 | |||||
| Professional fees |
23,126 | 30,996 | |||||||
| Bank charges | 636 | 498 | |||||||
| 29,044 | 35,294 | ||||||||
| 8 | Trustees Expenses | ||||||||
| There were no trustees | expenses | during the | year. (2021:KNil) | ||||||
| 9 | Net Income | 2022 | 2021 | ||||||
| This is stated after charging: | |||||||||
| Audit / Independent |
examiner's | fees | 3,600 | 3,600 | |||||
| 10 | Fixed Assets | Freehold ~P |
~Pro t~t |
~ct ~Bt |
Fixture ~&Etta |
T t& | |||
| COST: | |||||||||
| As at 1 April 2021 | 720,166 | 641,688 | 22,085 | 1,925 | 1,385,864 | ||||
| Additions | |||||||||
| As at 31March 2022 | 720,166 | 641,688 | 22,085 | 1,925 | 1,385,864 | ||||
| DEPRECIATION: | |||||||||
| As at 1 April 2021 | 15,120 | 1,924 | 17,044 | ||||||
| Charge for the year | 5,232 | 5,232 | |||||||
| As at 31March 2022 | 20,352 | 1,924 | 22,276 | ||||||
| NET BOOKVALUE: | |||||||||
| As at 31March 2022 | 720,166 | 641,688 | 1,733 | 1 | 1,363,588 | ||||
| As at 31March 2021 | 720,166 | 641,688 | 6,964 | 1 | 1,368,819 | ||||
| 11 | Debtors | 2022 | 2021 | ||||||
| Rents receivable | 49,817 | 37,892 | |||||||
| Sundry debtors &prepayments | 26,466 | 19,058 | |||||||
| 76,283 | 56,950 |
| FOR THE | YEAR ENDED 3 | YEAR ENDED 3 | YEAR ENDED 3 | YEAR ENDED 3 | 1MARC | 1MARC | 1MARC | H | 2022 | (CON | TINUED) | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | Creditors: Amounts | falling due within | one year | 2022 | 2021 | ||||||||
| Sundry creditors &accruals | 37,560 | 18,827 | |||||||||||
| Loans &mortgages | 19,399 | 21,129 | |||||||||||
| 56,959 | 39,956 | ||||||||||||
| 13 | Creditors: Amounts | falling due after one year | 2022 | 2021 | |||||||||
| Loans &mortgages | 489,175 | 506,364 | |||||||||||
| 489,175 | 506,364 | ||||||||||||
| 14 | Wages and Salaries | 2022 | 2021 | ||||||||||
| Wages &salaries | 544,176 | 439,631 | |||||||||||
| Social security | 38,850 | 32,348 | |||||||||||
| 583,026 | 471,979 | ||||||||||||
| 2022 | 2022 | 2021 | 2021 | ||||||||||
| Full time | Full time | ||||||||||||
| Number | Equivalent | Number | Equivalent | ||||||||||
| Average number ofemployees | 29 | 19 | 29 | 19 | |||||||||
| All staff are employed | by | the charity. | No | employees | earned | more | than f60,000 | during | |||||
| the two years ended 31March 2022. | |||||||||||||
| 15 | Movements in Funds |
~03-A | ~3' | ~O4 | 31-Mar | ||||||||
| 2021 | Resources | Resources | Transfers | 2022 | |||||||||
| Unrestricted Funds |
|||||||||||||
| General Fund | 114,130 | 1,068,701 | (1,010,734) | (38,880) | 133,217 | ||||||||
| Designated Property |
834,362 | - | (19,963) | 38,880 | 853,279 | ||||||||
| Restricted Funds | |||||||||||||
| Restricted Funds | 3,430 | (3,430) | |||||||||||
| TOTAL 9300D0 | 948,492 | 1,072,131 | ~1,034,127 | 986,496 | |||||||||
| The designated fund represents |
two properties | owned | by the charity. | ||||||||||
| 16 | Operating Lease Commitments |
||||||||||||
| Total minimum payments |
under | operating | leases | are: | 2022 | 2021 | |||||||
| Lease payments | 147,983 | 147,983 |