2022-03-31-accounts - Safe New Futures

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A	Scammell	(resigned	3April 2022)
S	Nicholls	(Chair)
A	Smith	(resigned	31March 2022)
S	Giles	(resigned	28April 2022)
A	Henry	(resigned	31December 2021)
J	Richards	(appointed	23 March 2022)
5	Dafnias	(appointed	26April 2022)
P	Silvester	(appointed	26April 2022)
D	Muir	(appointed	7June 2022)
S	Kandiah	(appointed	7June 2022)

1
No.	ofcourses	Pre-course interviews		Finished	participants
	27				222
		Southampton New Futures (National	Lottery / Henry Smith)
		115			72
		Solent Youth New Futures (QuilterFoundation)
		122			80
		Teens New Futures
	(Mainly, Awards for Ail, St3ames Place, HIWCF Ford, Edward			Gostling)
		21			17
	New Futures Solent Supporting Employment		(HIWCF, European	Social	Fund)
		79			53

			Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
		Notes	f	f	f	f
INCOME
Donations	and legacies		24,093		24,093	15,792
Charitable	activities		20,000	260,933	280,933	221,273
TOTAL INCOME			44,093	260,933	305,026	237,065
EXPENDITURE
Charitable	activities		57,434	250,204	307,638	218,782
TOTAL EXPENDITURE			57,434	250,204	307,638	218,782
NET INCOME / (EXPENDITURE) FOR THE YEAR			(13,341)	10,729	(2,612)	18,283
TRANSFERS			1,598	(1,598)
NET INCOME / (EXPENDITURE) FOR THE YEAR AFTER TRANSFERS			(11,743)	9,131	(2,612)	18,283
FUNDS AT 1APRIL 2021			39,078	31,851	70,929	52,646
FUNDS AT31	MARCH 2022		27,335	40,982	68,317	70,929

		Unrestricted	Restricted	Total
		funds	funds	2021
		f	f	f
INCOME
Donations	and legacies	6,803	8,989	15,792
Charitable	activities	23,989	197,284	221,273
TOTAL INCOME		30,792	206,273	237,065
EXPENDITURE
Charitable	activities	8,245	210,537	218,782
TOTAL EXPENDITURE		8,245	210,537	218,782
NET INCOME / (EXPENDITURE) FOR THE YEAR		22,547	(4,264)	18,283
FUNDS AT 1APRIL 2020		16,531	36,115	52,646
FUNDS AT31	MARCH 2021	39,078	31,851	70,929

	NOTES TO THE ACCOUNTS FOR THE YE	NOTES TO THE ACCOUNTS FOR THE YE	NOTES TO THE ACCOUNTS FOR THE YE	NOTES TO THE ACCOUNTS FOR THE YE	AR ENDED 31M	AR ENDED 31M	ARCH 2022	(continued)
2	INCOME FROM CHARITABLE ACTIVITIES				Unrestricted		Restricted	Total	Total
						funds	funds	2022	2021
						f	f	f	f
	Funding contracts and grants:
	Henry Smith						36,400	36,400	36,400
	HIWCF Henry Ford						6,000	6,000
	Garfield Weston Foundation					20,000		20,000	15,000
	National Community Lottery						31,217	31,217	30,605
	National Community Lottery - COVID adaptations								11,880
	StJames Place Foundation						2,500	2,500
	Quilter Foundation						51,907	51,907	58,075
	Edward Gostling						10,000	10,000
	National Lottery Awards	for All		Community	Fund		10,833	10,833
	National Lottery Awards	for All					9,874	9,874
	National Lottery CEO								41,347
	HIWCF Covid								10,000
	HIWCF - Solent Supporting		Employment				83,125	83,125	17,966
	HIWCF We' re All Together		Fund				5,000	5,000
	Kick Start Grant						14,077	14,077
	TOTAL CHARITABLE ACTIVITIES					20,000	260,933	280,933	221,273
3	GRANT INCOME
	Donations and legacies	includes		f17,345	(2021:	f8,989)	donated by	Choices Training and
	Development Limited. There		were	no grants off2,000		or more	received in the	year.
4	STAFF COSTS						2022		2021
							f		f
	Wages and salaries						151,083		109,854
	Social security costs						7,910		5,206
	Employers pension costs						5,046		4,531
							164,039		119,591

EXPENDITURE		Unrestricted	Restricted	Total	Total
		funds	funds	2022	2021
		f	f	f	f
Costs directly allocated to activities
Direct staff costs (see	note 4)		131,231	131,231	95,673
Travel and subsistence			1,315	1,315	455
Subcontractors			77,145	77,145	46,781
Licences and subscriptions			2,249	2,249	1,998
Choices manual costs			4,582	4,582	3,801
			216,522	216,522	148,708
Support costs allocated to activities
Indirect staff costs (see note 4)		20,682	12,126	32,808	23,918
Room hire		7,715	4,525	12,240	8,540
Catering		2,317	1,358	3,675	1,275
Training costs		1,355	795	2,150	2,856
Depreciation		1,527	896	2,423	1,606
Telephone		2,575	1,510	4,085	2,208
Postage, printing and	stationery	1,551	910	2,461	2,989
Computer running costs		6,813	3,995	10,808	8,231
Legal and professional	fees	669	393	1,062	720
Bookkeeping		5,249	3,078	8,327	7,681
Accountancy		1,795	1,053	2,848	3,690
Insurance		888	521	1,409	1,319
Bank charges		114	67	181	150
Sundry costs		2,460	1,443	3,903	1,781
Licences and subscriptions		136	80	216	360
Promotion, marketing	and publicity	1,588	932	2,520	2,750
TOTAL EXPENDITURE		57,434	250 204	307638	218782

7	TANGIBLE FIXEDASSETS		Computer &	Webslte	Total
			other equipment f	f
	COST
	At beginning ofyear		22,805	2,400	25,205
	Additions		3,094		3,094
	At end ofyear		25,899	2,400	28,299
	DEPRECIATION
	At beginning ofyear		20,592	2,400	22,992
	Charge for the year		2,423		2,423
	At end ofyear		23,015	2,400	25,415
	NET BOOK VALUE
	At end ofyear		2,884		2,884
	At beginning ofyear		2213		2 213
8	DEBTORS			2022	2021
				f	f
	Other debtors			1,006	1,006
	Prepayments and accrued income			6,015	737
	Amounts due from subsidiary	undertaking		18,157	716
				25,178	2,459

9		CREDITORS: amounts falling due within	CREDITORS: amounts falling due within	CREDITORS: amounts falling due within	one year			2022 f		2021 f
		Other tax and social security						2,808		2,308
		Accruals and deferred income						43,500		42,759
								46,308		45,067
10	a	MOVEMENT IN FUNDS			Balance	at				Balance at
					1April					31March
					2021		Income	Expenditure	Transfers	2022
						f	f	f	f	f
		Restricted funds
		Henry Smith			3,034		36,400	(36,400)		3,034
		HIWCF Ford Community					6,000			6,000
		National Community Lottery					31,217	(31,217)
		StJames Place Foundation					2,500	(2,500)
		Quilter Foundation			15,342		51,907	(54,081)		13,168
		Edward Gostling					5,000	(1,500)		3,500
		Edward Gostling Operations					5,000	(5,000)
		National Lottery Community		Fund			10,833	(10,833)
		National Lottery Teens					9,874	(9,559)	(315)
		HIWCF - Solent Supporting	Employment		13,475		83,125	(81,320)		15,280
		HIWCF We' re All Together					5,000	(5,000)
		Kick Start Grant					14,077	(12,794)	(1,283)
		Total restricted funds			31,851		260,933	(250,204)	(1,598)	40,982
		Unrestricted funds			39,078		44,093	(57,434)	1,598	27,335
		Total funds			70,929		305,026	(307,638)		68,317

		NOTES TO THE ACCOUN	NOTES TO THE ACCOUN		TS FOR THE YEAR	ENDED 31	MARCH 202	2 (continued	)
10	c	COMPARATIVE MOVEMENT			IN FUNDS	Balance at			Balance at
						1April			31March
						2020	income	Expenditure	2021
							f	f	f
		Restricted funds
		Henry Smith				1,517	36,400	(34,883)	3,034
		National Community	Lottery				30,605	(30,605)
		National Community	Lottery		- COVID adaptations		11,880	(11,880)
		StJames Place Foundation				4,683		(4,683)
		Quilter Foundation				16,550	58,075	(59,283)	15,342
		Edward Gostling				13,365		(13,365)
		National Lottery CEO					41,347	(41,347)
		HIWCF Covid					10,000	(10,000)
		HIWCF - Solent Supporting		Employment			17,966	(4,491)	13,475
		Total restricted funds				36,115	206,273	(210,537)	31,851
		Unrestricted funds				16,531	30,792	(8,245)	39,078
		Total funds				52,646	237,065	(218,782)	70,929
11		ANALYSIS OF NET ASSETS BETWEEN FUNDS					Unrestricted	Restricted	Total
							funds	funds	2022
		As at31March 2022					f	f	f
		Tangible fixed assets					2,885		2,885
		Current assets					70,758	40,982	111,740
		Current liabilities					(46,308)		(46,308)
		NET ASSETS					27,335	40,982	68,317
							Unrestricted	Restricted	Total
							funds	funds	2021
		As at31March 2021					f	f	f
		Tangible fixed assets					2,214		2,214
		Current assets					81,931	31,851	113,782
		Current liabilities					(45,067)		(45,067)
		NET ASSETS					39,078	31,851	70,929

year ended 31	March 2022 are summarised as follow	s:
		2022	2021
		f	f
Turnover		34,440
Administration	expenses	(27,815)	(10,274)
Other operating	income	12,005
Taxation
Net profit		18,630	(10,274)