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|**President**|G X Constantimdi (Deceased Jan 2023)|
|---|---|
|**Vice President**|N K Topsom MBE (Sept 2022)|
|**Trustees/Directors**|R Duckett (Chair)|
||Dr TP Dudeney|
||M Sayers (resigned Sept 2022)|
||C Richards (resigned Sept 2022)|
||R L Perkins (Treasurer)|
||R Appleyard|
||K Hinton|
||F J Brookes|
||J Streatfeild|
||R Magnay|
||F Ahmad|
||K K Sentence|
|**General & Financial Manager**|L.Grant|
|**Charity number**|1089763|
|**Company number**|4299623|
|**Registered provider number**|4847|
|**Principal address**|2 Lawson Road,|
||Henley-on-Thames|
||Oxfordshire|
||RG9 2AN|
|**Registered office**|2 Lawson Road,|
||Henley-on-Thames|
||Oxfordshire|
||RG9 2AN|
|**Independent Examiner**|Edwin Smith Chartered Accountants|
||32 Queens Road|
||Reading|
||Berkshire|
||RG1 4AU|
|**Bankers**|HSBC Bank Pic|
||6 Market Place|
||Henley on Thames|
||Oxfordshire|
||RG9 2AN|
||Aldermore Bank PLC|
||4th Floor, Apex Plaza,|
||Forbury Rd,|
||Reading|
||RG1 1AX|
||Nationwide Building Society|
||Kings Park Road|
||Moulton Park|
||Northampton|
||NWS 6NW|
||National Westminister Bank Pic|
||18 Market Place|





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|**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**|
|Notes to the accounts|**14-27**|





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27 September 2023 



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|||**2023**|**2022**|
|---|---|---|---|
|**Notes**||**£**|**£**|
|**Turnover**|**4**|308,571|319,440|
|Operating Costs||(278,475)|(259,585)|
|Other Income|**4**|9,433|9,448|
|**Operating profit**||**39,529**|**69,303**|
|Interest Receivable|**4**|2,096|469|
|Interest on Housing loan||(1,349)|(1,623)|
|Gam/(Loss) on fair value of||(13,733)|13,694|
|investments||||
|**Total Comprehensive Income /**||**26,543**|**81,843**|
|**(Expenditure) for the year**||||



||**Notes**|**Income &**|**Restricted**|**Total**|
|---|---|---|---|---|
|||**Expenditure**|**Reserve**||
|||**£**|**£**|**£**|
|Balance as at 1 April 2021||**45,618**|**1,446,705**|**1,492,323**|
|Total comprehensive Income/||4,485|77,358|81,843|
|(Expenditure) for the year ended|||||
|2022|||||
|**Transfers to restricted reserves**||18,720|(18,720)||
|Balance as at 31 March 2022||**68,823**|**1,505,343**|**1,574,166**|
|Total comprehensive Income/||5,427|21,116|26,543|
|(Expenditure) for the year ended|||||
|2023|||||
|**Transfers to restricted reserves**||**(520)**|**520**|**-**|
|**Balance as at 31 March 2023**||**73,730**|**1,526,979**|**1,600,709**|





## 

|||**2023**|**2023**|**2022**|**2022**|
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**6**||397,263||413,080|
|Housing Properties|**7**||580,718||596,116|
|Investments|**8**||319,871||333,604|
||||1,297,852||1,342,800|
|**Current assets**||||||
|Debtors|**10**|13,524||16,811||
|Cash at bank and in hand|**9**|462,870||400,155||
|||476,394||416,966||
|**Creditors: Amounts falling due within**<br>**one year**|**11**|(47,000)||(44,404)||
|**Net current assets/(liabilities)**|||429,394||372,562|
|**Total net assets or liabilities**|||1,727,246||1,715,362|
|**Creditors: **amounts falling due after<br>more than one year|**12**||(126,537)||(141,196)|
|**Total Net Assets**|||**1,600,709**||**1,574,166**|
|**Reserves**||||||
|Income and expenditure account|**19**||73,730||68,823|
|Restricted reserves|**18**||1,526,979||1,505,343|
|**Total reserves**|||**1,600,709**||**1,574,166**|






## 

||2023|2022|
|---|---|---|
||**£**|**£**|
|**Cash flows from operating activities:**|||
|Net cash provided by operating activities|**76,488**|**114,501**|
|**Cash flows from investing activities:**|||
|Purchase of fixed assets|(15,610)|(36,750)|
|Replacement of Housing property components||(10,078)|
|Movement from Investment fund|13,733|(13,694)|
|**Net cash provided by investing activities**|**(1,877)**|**(60,522)**|
|**Cash flows from financing activities:**|||
|Repayments of borrowing||(11,621)|
|Cash inflows from Grant & Loans|||
|Cash used in financing activities|**(11,896)**|**(11,621)**|
|Change in cash and cash equivalents in the year|62,715|42,358|
|Cash and equivalents at the beginning of the year|400,155|357,797|
|**Cash and cash equivalents at the end of the year**|**462,870**|**400,155**|
|**Reconciliation of net incomeZ(expenditure) to cash flow from **|**operating activities**||
||2023|2022|
||£|£|
|**Net income/expenditure for the year (as per the**<br>**statement of comprehensive income)**|26,543|81,843|
|Adjustments for|||
|Depreciation charges|43,453|42,811|
|Amortisation of Social Housing Grant & Loan|(2,004)|(2,004)|
|Loss on disposal of fixed assets|3,372|2,587|
|(Increase) / decrease in debtors|3,287|(2,516)|
|Increase / (decrease) in creditors|1,837|(8,220)|
|**Net cash provided from operating activities**|**76,488**|**114,501**|
|**Analysis of cash and equivalents**|||
|**Cash at bank and in hand**|462,870|400,155|
|**Total**|462,870|400,155|





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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|30 years|
|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**|**2023**|**2022**|
|---|---|---|---|
|||**£**|**£**|
|Rents receivable excluding service charges|4|141,246|139,842|
|Service charges|4|89,401|91,573|
|Other income including electric cards|4|19,286|18,923|
|Capital grants receivable||2,004|2,004|
|Social Housing Activity Expenditure||229,596|217,952|
|**Operating surplus on Social Housing Activities**||**22,341**|**34,390**|
|Void losses||1,175|1,349|



## 

||**Number**|**Number**|
|---|---|---|
||**of units at**|**of units at**|
||**31.3.2023**|**1.4.2022**|
||**£**|**£**|
|Supported Housing|||
|Flats and studios|31|31|





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||**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||||**2023**|**2022**|
||**£**|**£**|**£**|**_£_**|**£**|
|**a) Donations etc.**||||||
|Gifts, Grants & Donations|3,715||7,893|11,608|33,990|
|Henley Town Council Capital|||2,004|2,004|2,004|
|Grant||||||
||**3,715**||**9,897**|**13,612**|**35,994**|
|**b) Charitable Activities**||||||
|**Residential Centre:**||||||
|Rent and service charges -Flats|||230,647|230,647|231,415|
|Sale of Electric Cards|||9,975|9,975|11,816|
|Sundry Income|||112|112|1,863|
|Support contribution|||3,420|3,420|3,717|
|Counselling|||30|30|50|
|Insurance Claims|||1,904|1,904||
|Council tax|||2,451|2,451|1,477|
|Net Deposits|||450|450|-|
|Rent Arears Debt Recovery|||668|668|-|
|Net Tenant Loan Repayment|||276|276|-|
||||**249,933**|**249,933**|**250,338**|
|**Pavilion:**||||||
|Membership & Subscriptions|||2,780|2,780|1,525|
|YMCA Pavilion Lettings|||14,953|14,953|15,989|
|Pavilion Contributions||||-|925|
|Pavilion Hire- Non-Sport|2,078|||2,078|-|
|Active Oxfordshire Activities|||1,540|1,540|-|
||**2,078**|**-**|**19,273**|**21,351**|**18,439**|
|**Playing Area:**||||||
|Court Hire|||18,048|18,048|13,897|
|Field Hire|||4,545|4,545|-|
||||**22,593**|**22,593**|**13,897**|
|**Football Club:**||||||
|Football casuals and other||**1,082**||**1,082**|**772**|
|||**1,082**||**1,082**|**772**|
|**Total Income from Charitable**|**2,078**|**1,082**|**291,799**|**294,959**|**283,446**|
|**Activities**||||||
|**Turnover (total of 4a and 4b)**|**5,793**|**1,082**|**301,696**|**308,571**|**319,440**|
|**c) Investment Income**||||||
|Investment Trust & Funds|1,103||8,330|9,433|9,448|
|Other Bank Interest|93||2,003|2096|469|
||**1,196**||**10,333**|**11,529**|**9,917**|





## 

||**Total**|**Total**|
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**a) Cost of Charitable Activities**|||
|**General Costs:**|||
|Football casuals fund|251|104|
|Buyout costs|**-**|**-**|
||**251**|**104**|



|**Residential Centre Costs: Restricted**|||
|---|---|---|
|Salaries & Staff Costs|59,670|52,775|
|Recruitment/Wellbemg Costs|3,208|5,089|
|Training|3,229|1,439|
|Travel & Subsistence|474|219|
|Telephone & Postage|1,542|1,527|
|Printing, Stationery & Advertising|1,797|437|
|Sundries|833|805|
|Insurance Costs|7,668|6,867|
|Affiliation Fees & Subscriptions|2,186|2,417|
|Furniture & Furnishing|4,120|-|
|Equipment Costs|2,899|3,081|
|Repairs & Maintenance|14,806|18,548|
|Utilities|18,503|20,285|
|Water Charges|4,930|5,551|
|Cleaning Costs|3,926|4,420|
|Bad Debts|3,462|4,236|
|Software Costs|10,063|4,413|
|Depreciation|30,591|30,996|
|P/L on disposal|3,372|1,794|
|Net Deposits paid|-|130|
|Counselling Fees|4,240|7,245|
|Residential housing costs - tenant support etc|408|566|
|Residential housing costs - tenant loan|-||
|Residential housing costs - other|5,683|14,819|
|Residential housing cost- salary|39,788|34,658|
|Residential development|5,660|-|
||**233,058**|**222,317**|





## 

||**Total**|**Total**|
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**a) Cost of charitable activities (continued)**|||
|**Development fund costs: Restricted**|||
|**Pavilion:**|||
|Salaries and staff costs|2,633|1,324|
|Repairs & Maintenance|1,275|2,627|
|Insurance|1,097|1,308|
|Utilities|2,388|2,107|
|Sundries|2,440|1,072|
|Cleaning Costs|3,347|3,357|
|Equipment Costs|1,358|3,681|
|Depreciation|5,878|5,163.|
||**20,416**|**20,639**|
|**Playing Area:**|||
|Salaries and Staff costs|7,837|794|
|Repairs & Maintenance|3,748|1,148|
|Sundries|570|2,681|
|Depreciation|6,984|6,652|
|P/L on disposal|-|797|
||**19,139**|**12,072**|
|**Football Club:**|||
|Football Costs||50|
||-|**50**|
|**Total Development fund costs**|**39,555**|**32,761**|
|**Total Cost of Charitable Activities**|**272,864**|**255,182**|
|**b) Other Costs**|||
|Bank Charges|46|110|
|Interest on housing loan|1,349|1,623|
|Independent Examiner’s Fee|3,218|2,830|
|Staff governance costs|74|64|
|Bursary|500||
|Sundries|1,773|1,399|
||**6,960**|**6,026**|





## 

||Restricted|Restricted|Restricted|Restricted|Restricted|Restricted|Restricted|2023|
|---|---|---|---|---|---|---|---|---|
||Freehold|Playing|Pavilion|Laundry|Furniture &|Office &|Electric|Total|
||Pavilion|Area Field &|Equipment|Equipment|Fittings|Computer|Meters||
|||Courts||||Equipment|||
||£|£|£|£|£|£|£|£|
|Cost|||||||||
|At 1 April 2022|305,665|272,164|15,055|5,009|19,470|48,022|6,300|671,685|
|Transfers|-||1,141|||(15,423)||(14,282)|
||||||||-||
|Additions|-||1,026|3,201||11,383||15,610|
|Disposals|-|-|-|-|-|(1,988)|-|(1,988)|
|At 31 March 2023|305,665|272,164|17,222|8,210|19,470|41,994|6,300|671,025|
|Depreciation|||||||||
|At 1 April 2022|110,290|87,648|8,929|3,129|10,406|36,034|2,169|258,605|
||||||||-||
|Transfers|||173|||(173)||-|
|On disposals|-|-|-|-|-|(528)|-|(528)|
|Charge for the|||||||||
|year|5,184|6,984|682|616|793|1,006|420|15,685|
|At 31 March 2023|115,474|94,632|9,784|3,745|11,199|36,339|2,589|273,762|
|Net book value|||||||||
|At 31 March 2023|190,191|177,532|7,438|4,465|8,271|5,655|3,711|397,263|
|At 31 March 2022|195,375|184,516|6,126|1,880|9,064|11,988|4,131|413,080|



## 

||**Total**|
|---|---|
||**£**|
|**Cost**||
|At 1 April 2022|**698,956**|
|Transfers|**14,282**|
|Disposals|**(2,580)**|
|**At 31 March 2023**|**710,658**|
|**Depreciation**||
|At 1 April 2022|**102,840**|
|On disposals|**(668)**|
|Charge for year|**27,768**|
|**At 31 March 2023**|**129,940**|
|**Net book value**||
|**At 31 March 2023**|**580,718**|
|**At 31 March 2022**|**596,116**|





## 

||Unrestricted|Funds|Restricted|Funds||
|---|---|---|---|---|---|
||M&G Chanfund|Foreign &|Fixed Interest|Investment|2023|
|||Colonial|Fund|Fund|Total|
||£|£|£|£|£|
|Carrying (fair) value as at 1 April 2022|17,377|11,984|80,704|223,539|333,604|
|Additions to investments during the year||||||
|Disposals at carrying value|-||||-|
|Add net gam/ (loss) on revaluation|(1,062)|565|(4,776)|(8,460)|(13,733)|
|Carrying (fair) value as at 31 March 2023|16,315|12,549|75,928|215,079|319,871|



## 

||**2023**|**2022**|
|---|---|---|
|Cash at bank and in hand|462,839|400,126|
|Petty Cash|31|29|
||**462,870**|**400,155**|
|**10. DEBTORS**|||
||**2023**|**2022**|
||**£**|**£**|
|Sundry Debtors|3,053|2,926|
|Prepayments and accrued income|2,329|2,540|
|Housing benefit and rent arrears|8,142|11,345|
||**13,524**|**16,811**|



## 

## 

||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|SODC - Housing loan|11,829|11,070|
|Accruals|2,839|2,568|
|Deferred income|4,971|5,776|
|Company Credit Card|_-_|1,137|
|Sundry Creditors|25,357|21,849|
|Henley Town Council Capital Grant - Deferred|2,004|2,004|
||**47,000**|**44,404**|





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||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Henley Town Council Capital Grant - Deferred|87,809|89,813|
|SODC - Housing Loan|38,728|51,383|
||**126,537'**|**141,196**|
|Housing Loan|||
|Within 1 year|11,829|11,070|
|Between 2 and 5 years|38,728|51,383|
|After 5 or more years|||
||**50,557**|**62,453**|



## 

||**2023**|**2022**|
|---|---|---|
||**£ **|**£**|
|As at 1 April 2022|91,817|93,821|
|Grant Received in the year|||
|Released to income in the year|(2,004)|(2,004)|
||**89,813**|**91,817**|
|Amounts to be released within one year|(2,004)|2,004|
|Amounts to be released in more than one year|(87,809)|89,813|
||**89,813**|**91,817**|



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||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Wages and salaries|111,311|86,438|
|Social security costs|4,635|3,355|
|Other pension costs|3,113|2,500|
||**119,059**|**92,293**|
|Employees who were engaged in the following activities|||
||**2023**|**2022**|
|Managing & Administrating the Charity|5|4|



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||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Contributions payable for the year|**2,539**|**2,500**|





## 

||**Balance**||||**Balance**|
|---|---|---|---|---|---|
||**01-Apr-22**|**Income**|**Expenditure**|**T ransfe**|**31-Mar-23**|
|||||**r**||
||**£**|**£**|**£**|**£**|**£**|
|Development Fund|**717,161**|48,656|(52,790)|120|**713,147**|
|Residential Centre Fund|**636,328**|258,719|(232,986)|(47,326)|**614,735**|
|Katie’s Kitchen|**312**|**-**|**-**|**-**|**312**|
|Residential Centre -|**47,700**|**-**|**-**|28,875|**76,575**|
|Maintenance Fund||||||
|Residential Roofing Fund|**89,018**|**-**|**-**|13,851|**102,869**|
|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 Packs|**316**|**-**|**-**|**-**|**316**|
|Room sponsorship|**2,235**|2,411|**-**|(4,646)|_-_|
|Masowi Counselling|**5,081**|30|(4,240)|4,646|**5,517**|
|Masowi Hardship|**4,926**|673|(397)|-|**5,202**|
|Community projects|**-**|1,540|**-**|**-**|**1,540**|
|Work Bursary|**-**|**-**|(500)|5,000|**4,500**|
||**1,505,343**|**312,029**|**(290,913)**|**520**|**1,526,979**|





## 

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||**Balance**||||**Balance**|
|---|---|---|---|---|---|
||**01-Apr-22**|**Income**|**Expenditure**|**Transfer**|**31-Mar-23**|
||**£**|**£**|**£**|**£**|**£**|
|**General reserve**|**46,349**|6,989|(2,393)||**50,945**|
|**Designated reserves -**||||||
|Financial Assistance Fund|**1,733**|_-_|**-**||**1,733**|
|Printer|**19,000**||**-**|**-**|**19,000**|
|Football Casuals Fund|**1,741**|1,082|(251)|(520)|**2,052**|
||**68,823**|**8,071**|**(2,644) **|**____ (520)**|**73,730**|



## 



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## 

||Balance at 1|Cash-flows|**Balance at 31**|
|---|---|---|---|
||April 2022||**March 2023**|
||£|£|**£**|
|Cash|**400,155**|62,715|**462,870**|
|Loans falling due within one|**(11,070)**|(759)|**(11,829)**|
|year||||
|Loans falling due after more|**(51,383)**|12,655|**(38,728)**|
|than one year||||
||**(62,453)**|11,896|**(50,557)**|
|**Total**|**337,702**|**74,611**|**412,313**|



##