2023-03-31-accounts

		Page
Company Information
Trustees' Report		2 to 11
Independent Auditor's	Report	12to 13
Statement of Financial	Activities	14
Balance Sheet		15
Statement of Cash Flows		16
Notes to the Accounts		17to 28
Income and Expenditure	Account	29

					The Porch Limited	The Porch Limited	The Porch Limited	The Porch Limited
				(a	company limited		by guarantee)
Patron:					The Rt Revd Dr		Steven Croft
					Bishop of	Oxford
Trustees:					H Merrington-Rust		MBE (Chair)
					STomkys	(Treasurer)
					I Gilders
					P Tonge
					T Sheehy	(appointed		19th January 2023)
					M Fallarino	(appointed		8th May 2022 and resigned	6th July 2023)
Registered	Charity	Number:			1089612
Registered	Company		Number:		04271032
Address:					139Magdalen Road
					Oxford
					OX4 1RL
Auditors:					Wenn Townsend
					Chartered	Accountants
					Oxford
Bankers:					Lloyds TSB
					Cowley
					Oxford
Solicitors:					Blake Morgan
					Oxford

The Porch Limit&d (4 Company limited by guaranteo) TrustÈè5' Report for the year ended 31st March 2023 Sinc• thè end of COVID 2022 N8vigaling OLrt of COVID into a post COVID era was a challeriging period which required several steps of adjuslrnents as more COVID restrictions were removed. With the re-opening of existing support services across OxfDrd, The Porch conducted a review of seNice provisions for the homeless and vulnerable in Oxford we were delighted that on 12th Juty 2022. The Porch was able to fsnally invited its guest back into the day centre along with all ils provisions. During the financS8l yèar April 2022- March 2023, The Porch has rpmained open as a key agency, opening ils doors 5 days o week. Thg Charlty has grown from strength to strength providing a safe and welcoming 8nwronmenlwheTethose in need can access various resources and assistance. The Porch has continued lo provide consistent provisions for vulnerable clients as highlighted below.. CRISIS INTERVENTION SERVICE Piefer not to sav Non-knnary Male Iw 390 FeniBIÈ ?9 50 Ico 150 29) 39) 40) 450 Mal Noii-Lwiidry Piefpr iioi to sav •Total 79 MEALS PROVIDED 2022 2023 Takeafvrys BieÈkfasE x Coniniuniiy C8fe llTotal Meals 927 1380 Meals 12270

The Porch Llmited la company Ilmited by guarantee) Trustges, Report for the year ended 31 st March 2023 ESSENTIAL SERVICE PROVISIONS 2022 -2023 Setvices Uiilised roo￿ Parcels lis Slioi'trers 551 Pei Food 144 Ico 2(J) 3CO 5CK) Numberof Times Provision Utilised SERVICE USER IDENTIFIED NEEDS No Reioiirse io Public Fiiiids 9 Learni118 Oi5abilties 7% PIIysical 14ealtli Coiicerns 38*p io 20 30 50 60 % PeicentèÈe

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				(a com	pany limited by guara	ntee)
					Balance Sheet
					at 31st March 2023
						2023		2022
						F
Fixed assets				Note
Tangible fixed assets						716,993		723,769
Current assets
Debtors				12	14,958		24,496
Investments				13	?7,391		79,663
Cash at bank and		in	hand		352,552		288,914
					444,901		393,073
Creditors:	Amounts		falling
due within	one year			14	(515,281)		(533,943)
Net current (liabilities)l			assets			(70,380)		(140,870)
Net assets						646,613		582,899
Reserves
Unrestricted	funds			19		311,709		314,629
Designated	funds			19		118,141		224,404
Restricted	funds			19		216,763		43,866
						646,613		582,899

				The	Porch	Limited	Limited
			(a company		limited	by guarantee)
				Statement ofCash Flows
				at 31st March 2023
							2023		2022
Net cash flow from operating		activities		15			62,120		49,399
Cash flows from investing	activities:
interest received						1,518		1,505
Net cash flow from investing		activities					1,518		1,505
Change in cash and cash	equivalents		in	the period			63,638		50,904
Cash and cash equivalents	brought forward			at 1st April	2022		288,914		238,010
Cash and cash equivalents		carried forward at 31st			March	2023	352,552		288,914

Donations and lega	cie	s
			2023	2022
Donations			232,700	157,904
Grants			111,245	138,547
Tax recoverable			3,063
			347,008	296,451
Income from charitable		activities
			2023	2022
			E
Income from operating	day centre:
Meals and laundry			600	121
Social enterprise			4,141	8,688
			4,741	8,809

			2023	2022
			f.
Direct costs			573	562
Staff costs - building	project		13,629	11,272
Overhead and fundraising		fees	'l,629	11,613
Support costs (note	10)		245	484
			16,076	23,931

Expenditure on charitable activities
Day centre operations	2023	2022
Activities and social enterprise	5,596	3,096
Catering costs Central premises costs Staff costs	1,459 42,565 200,707	3,653 34,919 171,988
Depreciation	6,776	7,456
Support costs (note 10)	8,695	12,852
Accountancy	5,407	22,739
	271,205	256,703

		Fundraising	Day Centre	2023	2022
		costs	operations	Total	Total
Support	costs
General	office	1,009	1,010	2,019	4,247
General	management		6,921	6,921	9,088
Total		1,009	7,931	8,940	13,335

Tangible fixed assets
	Land &	Fixtures, fittings	Motor
	buildings	and equipment f	Vehicles	Total
Cost
At 1st April 2022	882,241	68,105	11,628	961,974
At 31st March 2023	882,241	68,105	11,628	961,974
Depreciation
At 1st April 2022	171,626	63,527	3,052	238,205
Charged in the year	3,228	1,804	1,744	6,776
At 31st March 2023	174,854	65,331	4,796	244,981
Net book value
At 31st March 2022	710,615	4,578	8,576	723,769
At 31st March 2023	707,387	2,774	6,832	716,993

Road property Debtors	F618,141 (2022:f618,141)which is included	in the Building designated fund (Note	19).
		2023	2022
Trade debtors		2,000
Other debtors		3,000	14,372
Prepayments	and accrued income	9,958	10,124
		14,958	24,496

Investments
			Unrestricted
			Investments
Market value at 1st April 2022			79,663
Net gains/(losses)	on revaluation:	unrealised	(2,272)
Market value at 31st March 2023			77,391
Historical cost at	31st March 2023		45,000

Creditors: Amount	s falling due within one year
		2023	2022
Other creditors		4,253	4,752
Accruals &deferred	income	11,028	29,191
Loan from Society	of All Saints	500,000	500,000
		515,281	533,943

			2023	2022
			F
Net income for period			65,986	31,131
Depreciation charge			6,776	7,456
Interest receivable			(1,518)	(1,505)
Decrease/(increase)	in debtors		9,538	11,574
(Decrease)/increase	in creditors		(18,662)	743
Net cash flow from operating		activities	62,120	49,399

Donations and funds	of	E2,000 or more were as follows:
			2023	2022
29th May 1961Trust			2,500
Beeching Trust			5,000
DLM Charitable Trust				3,000
EBM Charitable Trust				20,000
Elder Stubbs				4,000
Gerald Palmer Trust			5,000
Good Gifts				2,033
Helen Roll Charity				2,000
Highway One Trust			10,000
Hiscocks Solicitors				6,667
HLJ Brunner Trust				2,500
Iffley PCC J A Pye Settlement				2,526 3,303
John Welch 8 Stammers				8,087
Lennox Hannay Charitable Trust				2,000
Maurice Fry Trust				2,000
Much Loved			6,535
Olive Tree Trust			15,000	15,000
Oliver Borthwick Memorial Trust			5,000	5,000
Oxford City Council			56,248	61,667
Oxford Poverty Action	Trust (OxPAT)		5,900	2,500
Oxfordshire Community		Foundation	11,000
PF Charitable Trust				15,000
Rathbone Investment	Group		9,000
Seymour foundation			3,500
Shanley Foundation			2,500
Sherwood Jeremy			2,400
Sobell Foundation				10,000
Society of All Saints			10,000	12,295
Society ofthe Holy Child		Jesus	21,500
Sodexo Foundation			10,000
St Andrews PCC			2,015
St Michael's and All Saints				5,000
The Desmond Foundation			2,000
Tolkien Trust			5,000

19. Reserves			for the y	ear ended 3	1stMarch 2023
			1st April					31st March
			2022	Income	Expendituref	Losses	Transfers f.	2023 f.
Unrestricted funds			314,629	252,966	(167,090)	(2,272)	(86,524)	311,709
Designated funds
Building			118,141					118,141
Building appeal fund			106,263				(106,263)
			224,404				(106,263)	118,141
Restricted funds
Building appeal fund				1,527			192,787	194,314
Society of All Saints (Staffing)			11,500		(11,500)
Elder Stubbs
(Project worker/allotment)			3,634		(3,634)
Oliver Borthwick Memorial		Trust
(Allotment)				5,000	(5,000)
Oxfordshire County Council
(Freedom programme)			500					500
OxPat (Welfare)			7,800		(7,800)
Sobell House (Staffing)			10,000		(10,000)
Good Gifts (Allotment) St Michaels and All Saints			3,432		(3,432)
(project worker)			5,000		(5,000)
Freedom programme
(Support worker)			1,000					1,000
Oxford Safer Communities
Partnership			1,000					1,000
Seymour				1,000	(762)			238
Shanly Foundation				2,500	(2,500)
Sodexo				11,000	(11,000)
Highway 1				10,000	(10,000)
Gerald Palmer Ealing				5,000	(5,000)
Oxford City Council				1,000	(1,000)
Beeching Trust 29 May 1961Trust				5,000 2,500	(5,000) (2,500)
Oxford Community				9,500	(6,313)			3,187
OXON cost of Living	OCF			10,000	(3,476)			6,524
Tolkin				5,000	(5,000)
Much Loved				5,274	(5,274)
Rathbone				6,000	(6,000)
CAF				10,000	(10,000)
Society of Holy Grant				10,000				10,000
			43,866	100,301	(120,191)		192,787	216,763
			582,899	353,267	(287,281)	(2,272)		646,613

19.Reserves (continued)
		1stApril					31stMarch
		2021	Income	Expenditure	Gains	Transfers f	2022
Unrestricted funds		333,124	206,003	(231,353)	6,855		314,629
Designated funds
Building		118,141					118,141
Building appeal fund Society ofAll Saints (COVID)		70,648 20,000		(20,000)		35,615	106,263
		208,789		(20,000)		35,615	224,404
Restricted funds
Building appeal fund Society ofAll Saints (Staffing)			58,500 11,500	(22,885)		(35,615)	1'/,500
Elder Stubbs
(Project workerlallotment)			4,000	(366)			3,634
Oliver Borthwick Memorial	Trust
(Allotment)			5,000	(5,000)
Oxfordshire County Council
(Freedom programme)			500				500
OxPat (Welfare)			8,830	(1,030)			7,800
Sobell House (Staffing)			10,000				10,000
Good Gifts (Allotment) StMichaels and All Saints		1,000	2,432				3,432
(project worker)			5,000				5,000
Freedom programme
(Support worker) Oxford Safer Communities		1,000					1,000
Partnership		1,000					1,000
		3,000	105,762	(29,281)		(35,615)	43,866
		544,913	311,765	(280,634)	6,855		582,899

					Unrestricted Funds	Designated Funds	Restricted Funds	Total Funds
								f.
2023
Analysis	of net assets between			funds
Tangible	fixed	assets			98,852	618,141		716,993
Debtors					14,958			14,958
Investments					77,391			77,391
Bank and	cash				135,789		216,763	352,552
Creditors	due within one year				(15,281)	(500,000)		(515,281)
					311,709	118,141	216,763	646,613
Analysis	by fund
General funds					311,709			311,709
Building						118,141		118,141
Restricted	Building Appeal		Fund				194,314	194,314
Freedom	Programme (Support worker)						1,000	1,000
Oxford County		Council (Freedom		programme)			500	500
Oxford Safer Communities			Partnership				1,000	1,000
Seymour							238	238
Oxford Community							3,187	3,187
OXON cost of Society of Holy		Living OCF Grant					6,524 10,000	6,524 10,000
					311,709	118,141	216,763	646,613

Reserves (continued)
			Unrestricted	Designated	Restricted	Total
			Funds	Fundsf	Funds	Funds
2022
Analysis ofnet assets between		funds
Tangible fixed assets			105,628	618,141		723,769
Debtors			24,496			24,496
Investments			79,663			79,663
Bank and cash			129,269	106,263	53,382	288,914
Creditors due within one	year		(24,427)	(500,000)	(9,516)	(533,943)
			314,629	224,404	43,866	582,899
Analysis by fund
General funds			314,629			314,629
Building				118,141		118,141
Building Appeal Fund				106,263		106,263
Society ofAll Saints (Staffing)					11,500	11,500
OxPat (Welfare)					7,800	7,800
Good Gifts (Allotment)					3,432	3,432
Freedom Programme (Support worker)					1,000	1,000
Sobell House (Staffing)					10,000	10,000
StMichaels and All Saints (Staffing)					5,000	5,000
Oxford County Council (Freedom		programme)			500	500
Elder Stubbs (project worker/allotment)					3,634	3,634
Oxford Safer Communities	Partnership				1,000	1,000
			314,629	224,404	43,866	582,899