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|**President**|G X Constantmidi|
|---|---|
|**Trustees/Directors**|R Duckett (Chair)|
||N K Topsom MBE|
||DrT P Dudeney|
||M Sayers|
||C Richards|
||RL Perkins (Treasurer)|
||R Appleyard|
||K Hinton|
||F J Brookes|
||J Streatfeild|
||R Magnay|
||F Ahmad ( appointed 9 June 2021)|
||K K Sentence (appointed 20 March 2022)|
|**General & Financial Manager**|L Grant|
|**Charity number**|1089763|
|**Company number**|4299623|
|**Registered provider number**|4847|
|**Principal address**|2 Lawson Road,|
||Henley-on-Thames|
||Oxfordshire|
||RG92AN|
|**Registered office**|2 Lawson Road,|
||Henley-on-Thames|
||Oxfordshire|
||RG92AN|
|**Independent Examiner**|Edwin Smith Chartered Accountants|
||32 Queens Road|
||Reading|
||Berkshire|
||RG14AU|
|**Bankers**|HSBC Bank Pic|
||6 Market Place|
||Henley on Thames|
||Oxfordshire|
||RG92AN|
||Aldermore Bank PLC|
||4th Floor, Apex Plaza,|
||Forbury Rd,|
||Reading|
||RG11AX|
||Nationwide Building Society|
||Kings Park Road|
||Moulton Park|
||Northampton|
||NWS 6NW|
||National Westminister Bank Pic|
||18 Market Place|
||Henley on Thames|





## 

## 

|**CONTENTS**||
|---|---|
||**Page**|
|Trustees’and Directors’report|**5-9**|
|(Including Statement of Directors’ Responsibilities)||
|Independent Examiner’s report|**10**|
|Comprehensive statement of income|11|
|Statement of financial position|12|
|Cash flow statement|13|





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|||**2022**|**2021**|
|---|---|---|---|
|**Notes**||**£**|**£**|
|**Turnover**|**4**|319,440|259,069|
|Operating Costs||(259,585)|(216,567)|
|Other Income|**4**|9,448|9,529|
|**Operating profit**||**69,303**|**52,031**|
|Interest Receivable|**4**|469|374|
|Interest on Housing loan||(1,623)|(2,050)|
|Gam on fair value of investments||13,694|47,918|
|**Total Comprehensive Income/**||**81,843**|**98,273**|
|**(Expenditure) for the year**||||



## 

||**Notes**|**Income &**|**Restricted**|**Total**|
|---|---|---|---|---|
|||**Expenditure**|**Reserve**||
|||**£**|**£**|**£**|
|Balance as at 1 April 2020||89,794|1,304,256|1,394,050|
|Total comprehensive Income /||1,392|96,881|98,273|
|(Expenditure) for the yearended|||||
|2020|||||
|**Transfers to restricted reserves**||(45,568)|45,568|-|
|Balance as at 31 March 2021||**45,618**|**1,446,705**|**1,492,323**|
|Total comprehensive Income /||4,485|77,358|81,843|
|(Expenditure) for the yearended|||||
|2022|||||
|**Transfers to restricted reserves**||**18,720**|**(18,720)**|**-**|
|**Balance as at 31 March 2022**||**68,823**|**1,505,343**|**1,574,166**|





## 

|||**2022**|**2022**|**2021**||
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Fixed assets**||||||
|Tangible assets|**6**||413,080||394,092|
|Housing Properties|**7**||596,116||613,678|
|Investments|**8**||333,604||319,910|
||||1,342,800||1,327,680|
|**Current assets**||||||
|Debtors|**10**|16,811||14,295||
|Cash at bank and in hand|**9**|400,155||357,797||
|||416,966||372,092||
|**Creditors: Amounts falling due within**<br>**one year**|**11**|(44,404)||(53,028)||
|**Net current assets/(liabilities)**|||372,562||319,064|
|**Total net assets or liabilities**|||1,715,362||1,646,744|
|**Creditors: **amounts falling due after<br>more than one year|**12**||(141,196)||(154,421)|
|**Total Net Assets**|||**1,574,166**||**1,492,323**|
|**Reserves**||||||
|Income and expenditure account|**19**||68,823||45,618|
|Restricted reserves|**18**||1,505,343||1,446,705|
|**Total reserves**|||**1,574,166**||**1,492,323**|





## 

||2022|2021|
|---|---|---|
||£|£|
|**Cash flows from operating activities:**|||
|Net cash provided by operating activities|**114,501**|**148,071**|
|**Cash flows from investing activities:**|||
|Purchase of fixed assets|(36,750)|(12,444)|
|Additions to Investment Funds|-|(54,258)|
|Replacement of Housing property components|(10,078)|(9,724)|
|Disposal process of Investment Funds|-|50,000|
|Movement from Investment fund|(13,694)|(47,918)|
|**Net cash provided by investing activities**|**(60,522)**|**(74,344)**|
|**Cash flows from financing activities:**|||
|Repayments of borrowing|(11,621)|(26,195)|
|Cash inflows from Grant & Loans||-|
|Cash used in financing activities|**(11,621)**|**(26,195)**|
|Change in cash and cash equivalents in the year|42,358|47,532|
|Cash and equivalents at the beginning of the year|357,797|310,265|
|**Cash and cash equivalents at the end of the year**|**400,155**|**357,797**|
|**Reconciliation of net income/(expenditure) to cash flow from **|**operating activities**||
||2022|2021|
||£|£|
|**Net income/expenditure for the year (as per the**<br>**statement of comprehensive income)**|81,843|98,273|
|Adjustments for|||
|Depreciation charges|42,811|41,907|
|Amortisation of Social Housing Grant & Loan|(2,004)|(2,003)|
|Loss on disposal of fixed assets|2,587||
|(Increase) / decrease in debtors|(2,516)|(1,213)|
|Increase / (decrease) in creditors|(8,220)|11,107|
|**Net cash provided from operating activities**|**114,501**|**148,071**|
|**Analysis of cash and equivalents**|||
|**Cash at bank and in hand**|400,155|357,797|
|**Total**|400,155|357,797|





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|Freehold Pavilion|60 years|
|---|---|
|Field fences, Court Surfaces & Lighting|25 years|
|Pavilion Equipment|15 years|
|Furniture & Fittings|20 years|
|Laundry Equipment|10-15 years|
|Office Equipment|10-20 years|
|Tiger Turf|15 years|
|Electric meters|15 years|



## 

|Shell and substructure|50 years|
|---|---|
|Public realm|10 years|
|Roof|30years|
|Entrance doors and security|15 years|
|Kitchens|15 years|
|Windows|25 years|
|CCTV|15 years|
|Bathrooms|10 years|
|Plumbing and heating|15 years|
|Internal doors|15 years|





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||**Notes**|**2022**|**2021**|
|---|---|---|---|
|||**£**|**£**|
|Rents receivable excluding service charges|**4**|**139,842**|**136,039**|
|Service charges|**4**|**91,573**|**68,309**|
|Other income including electric cards|**4**|**18,923**|**12,509**|
|Capital grants receivable||**2,004**|**2,003**|
|Social Housing Activity Expenditure||**217,952**|**174,858**|
|**Operating surplus on Social Housing Activities**||**34,390**|**44,002**|
|Void losses||**1,349**|**727**|



## 

||**Number**|**Number**|
|---|---|---|
||**of units at**|**of units at**|
||**31.3.2022**|**1.4.2021**|
||**£**|**£**|
|Supported Housing|||
|Flats and studios|31|31|





## 

## 

||**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||||**2022**|**2021**|
||£|£|£|£|£|
|**a) Donations etc.**||||||
|Gifts, Grants & Donations|1,401|-|32,589|33,990|32,392|
|Henley Town Council Capital|-|-|2,004|2,004|2,003|
|Grant||||||
||1,401|-|**34,593**|**35,994**|**34,395**|
|**b) Charitable Activities**||||||
|**Residential Centre:**||||||
|Rent and service charges -Flats|-|-|231,415|231,415|204,348|
|Sale of Laundry Tokens|-|-|-|-|7|
|Sale of Electric Cards|-|-|11,816|11,816|9,928|
|Sundry Income|-|-|1,863|1,863|783|
|Support contribution|||3,717|3,717|1,791|
|Counselling|||50|50|-|
|Council tax|||1,477|1,477|-|
||-|-|**250,338**|**250,338**|**216,857**|
|**Pavilion:**||||||
|Membership & Subscriptions|_|_|1,525|1,525|355|
|YMCA Pavilion Lettings|-|-|15,989|15,989|2,509|
|Pavilion Contributions|925|-|-|925|-|
||**925**|-|**17,514**|**18,439**|**2,864**|
|**Playing Area:**||||||
|Court Hire|||13,897|13,897|4,378|
|Field Hire|-|-|-|-|575|
||-|-|**13,897**|**13,897**|**4,953**|
|**Youth Department:**<br>Youth Activities _&_ Events||||||
||-|-|-|||
|||||-|-|
|**Football Club:**||||||
|Match Fees & Subscriptions|.|.|**.**|**.**|_|
|Football casuals|“|772|“|**772**|~|
||-|**772**|-|**772**|-|
|**Total Incomefrom Charitable**|**925**|**772**|**281,749**|**283,446 **|**224,674**|
|**Activities**||||||
|**Turnover (total of 4a and 4b)**|**2,326**|**772**|**3**|**319,440**|**259,069**|
|**c) Investment Income**||||||
|Investment Trust & Funds|996|_|8,452|9,448|9,529|
|Other Bank Interest|-|-|469|469|374|
||**996**|-|**8,921**|**9,917**|**9,903**|





## 

||**Total**|**Total**|
|---|---|---|
||**2022**|**2021**|
||£|£|
|**a) Cost of Charitable Activities**|||
|**General Costs:**|||
|Football casuals fund|104|65|
|Buyout costs|-|-|
||**104**|**65**|



|**Youth Department Costs: Restricted**|||
|---|---|---|
|Youth Activities & Events|0|0|
||**0**|**0**|
|**Residential Centre Costs: Restricted**|||
|Salaries & Staff Costs|52,775|51,278|
|Recruitment/Wellbemg Costs|5,089|1,164|
|Training|1,439|623|
|Travel & Subsistence|219|10|
|Telephone & Postage|1,527|1,540|
|Printing, Stationery & Advertising|437|167|
|Sundries|805|406|
|Insurance Costs|6,867|6,653|
|Affiliation Fees & Subscriptions|2,417|1,782|
|Furniture & Furnishing|-|-|
|Equipment Costs|3,081|4,710|
|Repairs & Maintenance|18,548|14,728|
|Leasing costs|-|-|
|Utilities|20,285|20,877|
|Water Charges|5,551|4,231|
|Cleaning Costs|4,420|2,502|
|Bad Debts|4,236|3,303|
|Software Costs|4,413|3,030|
|Depreciation|30,996|31,115|
|P/L on disposal|1,794|-|
|Net Deposits paid|130|(150)|
|Counselling fees|7,245|6,165|
|Residential housing costs - tenant supportetc|566|552|
|Residential housing costs - other|14,819|9,854|
|Residential housing costs - salary|34,658|13,631|
||**222,317**|**178,171**|





## 

||**Total**|**Total**|
|---|---|---|
||**2022**|**2021**|
||£|£|
|**a) Cost of charitable activities (continued)**|||
|**Development fund costs: Restricted**|||
|**Pavilion:**|||
|Salaries and staff costs|1,324|1,077|
|Repairs & Maintenance|2,627|3,235|
|Insurance|1,308|1,727|
|Utilities|2,107|1,916|
|Sundries|1,072|489|
|Cleaning Costs|3,357|655|
|Equipment Costs|3,681|2,638|
|Depreciation|5,163|5,044|
||**20,639**|**16,781**|
|**Playing Area:**|||
|Salaries and staff costs|794|1,077|
|Repairs & Maintenance|1,148|3,461|
|Sundries|2,681|327|
|Depreciation|6,652|5,748|
|P/L on disposal|797|-|
||**12,072**|**10,613**|
|**Football Club:**|||
|Football Costs|50|-|
||**50**|-|
|**Total Development fund costs**|**32,761**|**27,394**|
|**Total Cost of Charitable Activities**|**255,182**|**205,630**|
|**b) Other Costs**|||
|Bank Charges|110|32|
|Interest on housing loan|1,623|2,050|
|Independent Examiner’s Fee|2,830|2,852|
|Staff governance costs|64|6,725|
|Sundries|1,399|1,328|
||**6,026**|**12,987**|





## 

||**Restricted**|**Restricted**|**Restricted**|**Restricted**|**Restricted**|**Restricted**|**Restricted**|**2022**|
|---|---|---|---|---|---|---|---|---|
||**Freehold**|**Playing**|**Pavilion**|**Laundry**|**Furniture &**|**Office &**|**Electric**|**Total**|
||**Pavilion**|**Area Field &**|**Equipment**|**Equipment**|**Fittings**|**Computer**|**Meters**||
|||**Courts**||||**Equipment**|||
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|**Cost**|||||||||
|**At 1 April 2021**|**305,665**|**248,505**|**15,055**|**5,009**|**19,324**|**40,881**|**6,300**|**640,739**|
|**Additions**|-|**28,128**|-|-|**1,481**|**7,141**|**-**|**36,750**|
|**Disposals**|-|**(4,469)**|-|-|**(1,335)**|-|-|**(5,804)**|
|**At 31 March 2022**|**305,665**|**272,164**|**15,055**|**5,009**|**19,470**|**48,022**|**6,300**|**671,685**|
|**Depreciation**|||||||||
|**At 1 April 2021**|**105,127**|**84,668**|**8,473**|**2,757**|**10,167**|**33,706**|**1,749**|**246,647**|
|**On disposals**|_|**(3,672)**|-|-|**(421)**|-|**-**|**(4,093)**|
|**Charge for the**|||||||||
|**year**|**5,163**|**6,652**|**456**|**372**|**660**|**2,328**|**420**|**16,051**|
|**At 31 March 2022**|**110,290**|**87,648**|**8,929**|**3,129**|**10,406**|**36,034**|**2,169**|**258,605**|
|**Net book value**|||||||||
|**At 31 March 2022**|**195,375**|**184,516**|**6,126**|**1,880**|**9,064**|**11,988**|**4,131**|**413,080**|
|**At 31 March 2021**|**200,538**|**163,837**|**6,582**|**2,251**|**9,157**|**7,175**|**4,551**|**394,092**|



## 

||**Total**|
|---|---|
||**£**|
|**Cost**||
|At 1 April 2021|**690,078**|
|Additions|**10,078**|
|Disposals|**(1,200)**|
|**At 31 March 2022**|**698,956**|
|**Depreciation**||
|At 1 April 21|**76,400**|
|On disposals|**(320)**|
|Charge for year|**26,760**|
|**At 31 March 2022**|**102,840**|
|**Net book value**||
|**At 31 March 2022**|**596,116**|
|**At 31 March 2021**|**613,678**|





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||**Unrestricted **|**Funds**|**Restricted **|**Funds**||
|---|---|---|---|---|---|
||**M&G Chanfund**|**Foreign &**|**Fixed Interest**|**Investment**|**2022**|
|||**Colonial**|**Fund**|**Fund**|**Total**|
||£|£|£|£|£|
|Carrvinq (fair) value as at 1 April 2021|**16,197**|**11,046**|**86,887**|**205,780**|**319,910**|
|Additions to investments during the year||_|_|_|-|
|Disposals at carrying value|.|_|_|_|_|
|Add net gam/ (loss) on revaluation|1,180|938|(6,183)|17,759|13,694|
|Carrying (fair) value as at 31 March 2022|**17,377**|**11,984**|**80,704**|**223,539**|**333,604**|
|**9. CASH AT BANK AND IN HAND**||||||
||||**2022**|**2021**||
||||**£ **|**£**||
|Cash at bank and in hand|||400,126|357,752||
|Petty Cash|||29|45||
||||**400,155**|**357,797**||
|**10. DEBTORS**||||||
||||**2022**|**2021**||
||||£|£||
|Sundry Debtors|||2,926|375||
|Prepayments and accrued income|||2,540|2615||
|Gift aid tax reclaimable|||-|-||
|Housing benefit and rent arrears|||11 345|11,305||
||||**16,811**|**14,295**||
|**11. CREDITORS**||||||
|**Amounts falling due within one year**||||||
||||**2022**|**2021**||
||||£|£||
|SODC - Housing loan|||11,070|11,470||
|Accruals|||2,567|5,311||
|Deferred income|||5,776|4,003||
|Company Credit Card|||1,137|1,111||
|Sundry Creditors|||21,849|29,124||
|Henley Town Council Capital Grant|- Deferred||2,004|2,004||
||||**44,403**|**53,023**||





## 

||**2022**|**2021**|
|---|---|---|
||£|£|
|Henley Town Council Capital Grant - Deferred|89,813|91,817|
|SODC - Housing Loan|51,383|62,604|
||**141,196**|**154,421**|
|Housing Loan|||
|Within 1 year|11,070|11,470|
|Between 2 and 5 years|51,383|50,454|
|After 5 ormore years|-|12,150|
||**62,453**|**74,074**|



## 

||**2022**|**2021**|
|---|---|---|
||£|£|
|As at 1 April 2021|93,821|95,824|
|Grant Received in the year|||
|Released to income in the year|(2,004)|(2,003)|
||**91,817**|**93,821**|
|Amounts to be released within one year|2,004|2,004|
|Amounts to be released in more than one year|89,813|91,817|
||**91,817**|**93,821**|



## 

## 



## 

||**2022**|**2021**|
|---|---|---|
||£|£|
|Wages and salaries|86,438|70,876|
|Social security costs|3,355|2,190|
|Other pension costs|2,500|2,069|
||**92,293**|**75,135**|
|Employees who were engaged in the following activities|||
||**2022**|**2021**|
|Managing & Administrating the Charity|4|3|



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||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Contributions payableforthe year|**2,500**|**2,069**|





## 

||**Balance**||||**Balance**|
|---|---|---|---|---|---|
||**01-Apr-21**|**Income**|**Expenditure**|**Transfer**|**31-Mar-22**|
||£|£|£|£|£|
|Development Fund|**672,775**|77,017|(32,711)|80|**717,161**|
|Residential Centre Fund|**681,088**|250,569|(218,959)|(76,370)|**636,328**|
|Katie’s Kitchen|**312**|-|-|-|**312**|
|Residential Centre -|**20,000**|-|-|27,700|**47,700**|
|Maintenance fund||||||
|Residential Roofing fund|**59,148**|||29,870|**89,018**|
|Resident Discretion Fund|**750**||||**750**|
|The Garden Project|**242**|-|_|-|**242**|
|Signposting Access Point|**150**|-|-|-|**150**|
|Fund||||||
|The Youth Work Fund|**1,124**||||**1,124**|
|John Hodges Starter|**316**|-|-|-|**316**|
|Packs||||||
|Room sponsorship|**409**|1,826|||**2,235**|
|Masowi Counselling|**6,765**|5,561|(7,245)|-|**5,081**|
|Masowi Hardship|**3,626**|1,866|(566)|-|**4,926**|
||**1,446,705**|**336,839**|**(259,481)**|**(18,720)**|**1,505,343**|





## 

## 

||**Balance**||||**Balance**|
|---|---|---|---|---|---|
||**01-Apr-21**|**Income**|**Expenditure**|**Transfer**|**31-Mar-22**|
||£|£|£|£|£|
|**General reserve**|**42,482**|5,440|(1,573)|-|**46,349**|
|**Designated reserves -**||||||
|Financial Assistance Fund|**1,733**||_|—|**1,733**|
|Printer|-|_||19,000|**19,000**|
|Football Casuals Fund|**1,403**|772|(154)|(280)|**1,741**|
||**45,618**|**6,212**|**(1,727)**|**18,720**|**68,823**|



## 



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## 

||Balance at 1|Cash-flows|**Balance at 31**|
|---|---|---|---|
||April 2021||**March 2022**|
||£|£|£|
|Cash|357,797|42,358|**400,155**|
|Loans falling due within one|(11,470)|400|**(11,070)**|
|year||||
|Loans falling due after more|(62,604)|11,221|**(51,383)**|
|than one year||||
||(74,074)|11,621|**(62,453)**|
|**Total**|**283,723**|**53,979**|**337,702**|



##