| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 16 | |
| Statement ofTrustees' | Responsibilities | 17 | ||
| Report ofthe Independent Auditors |
18 | lo | 21 | |
| Statement of Financial | Activities | 22 | ||
| Balance Sheet | 23 | |||
| Cash Flow Statement | 24 | |||
| Notes to the Cash Flow Statement | 25 | |||
| Notes to the Financial | Statements | 26 | to | 38 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Notes | funds f |
funds f |
funds f |
funds f |
|||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2 | 1,148,855 | 26,498 | 1,175,353 | 718,779 | ||
| Charitable activities |
|||||||
| Client services, support | &training | 20,000 | |||||
| Preventative work |
60,531 | ||||||
| Resettlement activities |
142,138 | 142,138 | 114,210 | ||||
| Other trading activities |
3 | 27,629 | 27,629 | 32,774 | |||
| Investment income |
4 | 796 | 796 | 335 | |||
| Total | 1,319,418 | 26,498 | 1,345,916 | 946,629 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 6 | 43,672 | 1,431 | 45,103 | 18,803 | ||
| Charitable activities |
|||||||
| Client services, support | &training | 326,666 | 22,818 | 349,484 | 430,928 | ||
| Preventative work |
70,180 | 70,180 | 125,200 | ||||
| Resettlement activities |
124 55D | 124,550 | 111,533 | ||||
| Total | 565,068 | 24,249 | 589,317 | 686,464 | |||
| NET INCOME Transfers between funds |
17 | 754,350 6,600 |
2,249 ~6,655) |
756,599 | 260,165 | ||
| Net movement in funds |
760,950 | (4,351) | 756,599 | 260,165 | |||
| RECONCILIATION OF |
FUNDS | ||||||
| Total funds brought forward |
1,223,116 | 5,777 | 1,228,893 | 968,728 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,984,066 | 1,426 | 1,985,492 | 1,228,893 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | funds 6 |
funds f |
funds 6 |
funds 6 |
||
| FIXEDASSETS | ||||||
| Tangible assets | 13 | 410,081 | 410,081 | 416,792 | ||
| CURRENT ASSETS | ||||||
| Stocks | 14 | 728 | 728 | 340 | ||
| Debtors: amounts | falling due within one year | 15 | 408,336 | 408,336 | 217,707 | |
| Debtors: amounts | falling due after more than | |||||
| one year | 15 | 12,250 | 12,250 | 12,250 | ||
| Cash at bank and | in hand | 1,202,468 | 1,426 | 1,203,894 | 629,705 | |
| 1,623,782 | 1,426 | 1,625,208 | 860,002 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
16 | (49,797) | (49,797) | (47,901) | ||
| NET CURRENT ASSETS | 1,573,985 | 1,426 | 1,575,411 | 812,101 | ||
| TOTAL ASSETS | LESSCURRENT | |||||
| LIABILITIES | 1,984,066 | 1,426 | 1,985,492 | 1,228,893 | ||
| NET ASSETS | 1,984,966 | 1,426 | I 985,492 | 1,228,893 | ||
| FUNDS | 17 | |||||
| Unrestricted funds |
1,984,066 | 1,223,116 | ||||
| Restricted funds | 1 426 | 5,777 | ||||
| TOTAL FUNDS | 1,985492 | 1,228,1193 |
| FOR THE YEAR END | ED 31 MARCH 2022 | |||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Notes | 6 | |||||
| Cash flows from | operating | activities | ||||
| Cash generated | from operations 1 |
584,420 | 156,780 | |||
| Net cash provided | by operating activities |
584,420 | 156,780 | |||
| Cash flows from | investing | activities | ||||
| Purchase oftangible fixed assets |
(11,027) | (5,327) | ||||
| Interest received | 796 | 335 | ||||
| Net cash used in |
investing | activities | ~)9,23)) | ~4,992) | ||
| Change in cash |
and cash | equivalents | ||||
| in the reporting | period | 574,189 | 151,788 | |||
| Cash and cash | equivalents | at the | ||||
| beginning ofthe |
reporting | period | 629,705 | 477,917 | ||
| Cash and cash | equivalents | at the end | ||||
| ofthe reporting | period | 1,203,894 | 629,705 |
| FOR THE YEAR ENDED 31 MARCH 2022 | FOR THE YEAR ENDED 31 MARCH 2022 | |||
|---|---|---|---|---|
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | ||
| 31.3.22 | 31.3.21 | |||
| 6 | 6 | |||
| Net income for the | reporting | period (as per the Statement of | ||
| Financial Activities) Adjustments for: |
756,599 | 260,165 | ||
| Depreciation charges |
16,871 | 19,282 | ||
| Loss on disposal offixed assets | 867 | |||
| Interest received (Increase)/decrease Increase in debtors Increase in creditors |
in stocks | (796) (388) (190,629) 1090 |
(335) 210 (146,025) 23,483 |
|
| Net cash provided | by operations | 504,420 | 156,780 |
| At 1.4.21 | Cash flow | At 31.3.22 | ||
|---|---|---|---|---|
| 6 | ||||
| Net cash | ||||
| Cash at bank and | in hand | 629 705 | 574,189 | 1 203,094 |
| 629,705 | 574,109 | 1,203 094 | ||
| Total | 629,705 | 574,109 | 1,203 894 |
| 31.3.22 | 31.3.21 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | f | |||||||||||
| Government Covid |
Support | 3,256 | 41,015 | |||||||||
| Christopher Reeves |
Memorial | Trust | 10,000 | |||||||||
| The Antonio Carluccio Foundation | 10,000 | |||||||||||
| David & Ruth Lewis | Family | Charitable | Trust | 7,000 | ||||||||
| The Parish Lands Charity | 5,000 | |||||||||||
| Devon County Council | 4,195 | |||||||||||
| Sunrise Sidmouth Trust |
4,000 | |||||||||||
| Jamieson-BystockTrust | 3,000 | |||||||||||
| The Norman Family |
Charitable | Trust | 3,000 | |||||||||
| Exeter City Council | 1,000 | |||||||||||
| Other grants | 23,809 | 20,454 | ||||||||||
| 49,260 | 86,469 | |||||||||||
| 3. | OTHER TRADING | ACTIVITIES | ||||||||||
| 31.3.22 | 31.3.21 | |||||||||||
| 6 | f | |||||||||||
| Fundraising events |
30,152 | |||||||||||
| Petrock's Place shop income | 18,471 | |||||||||||
| Miscellaneous other income |
9,158 | 2,622 | ||||||||||
| 27,629 | 32,774 | |||||||||||
| 4. | INVESTMENT INCOME | |||||||||||
| 31.3.22 | 31.3.21 | |||||||||||
| 6 | 6 | |||||||||||
| Charities Official Investment |
Fund interest | 796 | 335 | |||||||||
| 5. | INCOME FROM CHARITABLE | ACTIVITIES | ||||||||||
| 31.3.22 | 31.3.21 | |||||||||||
| Activity | 6 | |||||||||||
| Grants | Client services, support | & | training | 20,000 | ||||||||
| Grants | Preventative | work | 60,531 | |||||||||
| Rent &service charges | ||||||||||||
| from resettlement | ||||||||||||
| accommodation | Resettlement | activities | ~142 138 | 114,210 | ||||||||
| ~142 138 | 194,741 | |||||||||||
| Grants received, included |
in | the | above, are as follows: | |||||||||
| 31.3.22 | 31.3.21 | |||||||||||
| 6 | ||||||||||||
| Exeter City Council | 20,000 | |||||||||||
| Ministry of Housing, | Community | and | Local Government | (via Exeter | ||||||||
| City Council) | 60,531 | |||||||||||
| 80,531 |
| Raising dona | tions | and | leg | acies | ||||
|---|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||||
| 6 | F | |||||||
| Information 8 |
publicity | 641 | 508 | |||||
| Telephone | 300 | |||||||
| Sundries | 1,137 | |||||||
| Staff costs | 9,615 | 11,366 | ||||||
| Liability insurance | 153 | 130 | ||||||
| Printing, postage, |
stationery | &office consumables | 100 | 1,400 | ||||
| Support costs | 3,915 | 3,451 | ||||||
| 15,861 | 16,855 | |||||||
| Other trading | activities | |||||||
| 31.3.22 f |
31.3.21 f |
|||||||
| Petrock's Place shop overheads | 9,538 | |||||||
| Costs ofgenerating | miscellaneous | income | 1,948 | |||||
| Shop staff costs | 12,620 | |||||||
| Depreciation | 1,046 | |||||||
| Supportcosts | 6,038 | |||||||
| 29,242 | 1,948 | |||||||
| Aggregate amounts |
45,103 | 18,803 | ||||||
| CHARITABLE ACTIVITIES | COSTS | |||||||
| Support | ||||||||
| Direct | costs (see | |||||||
| Costs | note 8) | Totals | ||||||
| E | 6 | 6 | ||||||
| Client services, support | 8, training | 270,511 | 78,973 | 349,484 | ||||
| Preventative work |
51,638 | 18,542 | 70,180 | |||||
| Resettlement | activities | ~106831 | 17,719 | 124,550 | ||||
| 428,980 | 115,234 | 544,214 |
| SUPPORT C | OSTS | ||
|---|---|---|---|
| Management | |||
| E | |||
| Raising donations and |
legacies | 3,915 | |
| Other trading | activities | 6,038 | |
| Client services, support | &training | 78,973 | |
| Preventative | work | 18,542 | |
| Resettlement | activities | 17,719 | |
| ~125187 |
| Management | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Raising | Client | ||||||||
| donations | Other | services, | |||||||
| and | trading | support & |
|||||||
| legacies E |
activities 6 |
training f |
|||||||
| Payroll & personnel |
support | 59 | 91 | 1,192 | |||||
| Other support | 78 | 121 | 1,577 | ||||||
| Bank charges | 16 | 25 | 321 | ||||||
| Subscriptions | & books | 43 | 65 | 848 | |||||
| Staff costs | 2,844 | 4,389 | 57,410 | ||||||
| Premises costs | 387 | 596 | 7,796 | ||||||
| Liability insurance | 36 | 57 | 741 | ||||||
| Equipment repairs, |
renewals | 8 | |||||||
| maintenance | 48 | 72 | 946 | ||||||
| Telephone (including |
mobiles) | 58 | 90 | 1,173 | |||||
| Printing, postage, stationery |
& office | ||||||||
| consumables | 29 | 43 | 568 | ||||||
| Accountancy | 59 | 92 | 1,199 | ||||||
| Auditor's & Independent |
Examiner's | ||||||||
| remuneration | 178 | 275 | 3,596 | ||||||
| Legal fees | 29 | 43 | 568 | ||||||
| Other costs | 13 | 20 | 266 | ||||||
| Depreciation | oftangible | fixed | assets | 11 | 17 | 225 | |||
| Loss on sale | oftangible | fixed | assets | 27 | 42 | 547 | |||
| 3,915 | 6,038 | ~78 973 |
| Management -continu |
ed | ||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| Preventative | Resettlement | Total | Total | ||||
| work f |
activities f |
activities | activities f |
||||
| Payroll 8 personnel support |
280 | 267 | 1,889 | 1,200 | |||
| Other support | 370 | 354 | 2,500 | 1,104 | |||
| Bank charges | 75 | 72 | 509 | 402 | |||
| Subscriptions &books Staff costs Premises costs |
199 13,481 1,831 |
190 12,882 1,749 |
1,345 91,006 12,359 |
1,813 91,169 2,500 |
|||
| Liability insurance | 174 | 166 | 1,174 | 1,050 | |||
| Equipment repairs, renewals |
& | ||||||
| maintenance | 222 | 212 | 1,500 | 200 | |||
| Telephone (including mobiles) |
276 | 263 | 1,860 | 550 | |||
| Printing, postage, stationery & office |
|||||||
| consumables | 133 | 127 | 900 | 400 | |||
| Accountancy | 281 | 269 | 1,900 | 1,800 | |||
| Auditor's & Independent |
Examiner's | ||||||
| remuneration Legal fees |
844 133 |
807 127 |
5,700 900 |
1,800 | |||
| Other costs | 62 | 60 | 421 | ||||
| Depreciation oftangible |
fixed | assets | 53 | 51 | 357 | ||
| Loss on sale oftangible | fixed | assets | 128 | 123 | 867 | ||
| 18,542 | 17,719 | 125,187 | 103,988 | ||||
| NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is stated after | charging/(crediting): | |||||
| 31.3.22 f |
31.3.21 f |
||||||
| Depreciation ofowned |
fixed assets | 16,871 | 19,281 | ||||
| Deficit on disposal offixed assets |
867 | ||||||
| Operating lease rentals |
43,035 | 37,989 | |||||
| Independent examiner's |
remuneration | 1,800 | |||||
| Auditor's remuneration |
5,7OD |
| Trustee indemnity insurance was approximately |
2500 (2021 - f500) . | ||
|---|---|---|---|
| 11. | STAFF COSTS | ||
| 31.3.22 | 31.3.21 | ||
| 6 | |||
| Wages and salaries | 354,962 | 389,577 | |
| Social security costs | 24,109 | 28,556 | |
| Other pension costs | 14,335 | 15,166 | |
| 393,406 | 433,299 |
| The average | monthly number ofemployees during the |
year was as follows: | |
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Raising funds | 1 | ||
| Client services, support 8 training | 10 | ||
| Preventative | work | 2 | |
| Resettlement | activities | 1 | |
| Support | 6 | ||
| 20 | 19 |
| NOT | ES TO THE FINANCIAL STATEMENTS -continu FOR THE YEAR ENDED 31 MARCH 2022 |
ES TO THE FINANCIAL STATEMENTS -continu FOR THE YEAR ENDED 31 MARCH 2022 |
ES TO THE FINANCIAL STATEMENTS -continu FOR THE YEAR ENDED 31 MARCH 2022 |
ed | |
|---|---|---|---|---|---|
| COMPARATIVES FOR |
THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds f |
funds f |
fundsf | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
696,704 | 22,075 | 718,779 | ||
| Charitable activities |
|||||
| Client services, support Preventative work Resettlement activities |
8 training | 20,000 60,531 114,210 |
20,000 60,531 114,210 |
||
| Other trading activities Investment income |
32,774 335 |
32,774 335 |
|||
| Total | 924,554 | 22,075 | 946,629 | ||
| EXPENDITURE ON | |||||
| Raising funds | 18,803 | 18,803 | |||
| Charitable activities |
|||||
| Client services, support Preventative work Resettlement activities |
8 training | 409,562 125,200 111,533 |
21,366 | 430,928 125,200 111,533 |
|
| Total | 665,098 | 21,366 | 686,464 | ||
| NET INCOME Transfers between funds |
259,456 45,278 |
709 ~45,278) |
260,165 | ||
| Net movement in funds |
304,734 | (44,569) | 260,165 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
918,381 | 50,347 | 968,728 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,223,115 | 5,778 | 1,228,893 |
| 13. | TANGIBLE FIXEDASS | ETS | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| Freehold | Short | and | |||
| property E |
leasehold 8 |
fittings f |
Totals 6 |
||
| COST | |||||
| At 1 April 2021 | 395,021 | 9,975 | 83,331 | 488,327 | |
| Additions Disposals |
11,027 | ~3,471) | 11,027 ~3,471) |
||
| At 31 March 2022 | 406,048 | 9,975 | 79,860 | ~495 883 | |
| DEPRECIATION | |||||
| At 1 April 2021 | 7,323 | 3,180 | 61,032 | 71,535 | |
| Charge for year Eliminated on disposal |
3,610 | 1,000 | 12,261 ~2,604) |
16,871 ~2,604) |
|
| At 31 March 2022 | 10933 | 4,180 | 70,689 | ~85 802 | |
| NET BOOK VALUE | |||||
| At 31 March 2022 | 395,115 | 5,795 | 9,171 | ~410 081 | |
| At 31 March 2021 | 387,698 | 6,795 | 22,299 | 416,792 | |
| 14. | STOCKS | ||||
| 31.3.22 | 31.3.21 | ||||
| 6 | E | ||||
| Consumables at cost |
728 | 340 | |||
| 15. | DEBTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 31.3.22 | 31.3.21 | ||||
| 6 | 8 | ||||
| Debtors | 29,733 | 42,675 | |||
| VAT | 547 | 416 | |||
| Prepayments | 16,286 | 9,612 | |||
| Accrued income | 361,770 | 165,004 | |||
| ~408 336 | 217,707 |
| CREDITORS: AMOUNT | S FALL |
ING DUE | WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|
| 31.3.22 f |
31.3.21 f |
|||||
| Trade creditors Other creditors Outstanding pension scheme contributions Accrua le |
998 3,184 1,016 44,599 |
1,680 3,088 1,016 42,117 |
||||
| 49,797 | 47,901 | |||||
| MOVEMENT IN FUNDS |
||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 f |
in funds f |
funds f |
31.3.22 f |
|||
| Unrestricted funds |
||||||
| General fund Designated fund - staff redundancies Major maintenance fund Development fund Church reinstatement fund |
1,139,641 69,000 7,000 |
754,350 | (1,124,925) 1,000 45,000 1,100,000 (7,000) |
769,066 70,000 45,000 1,100,000 |
||
| Property repair fund South Street contingency |
fund | 2,600 4,875 |
(2,600) ~4,870) |
|||
| Restricted funds | 1,223,116 | 754,350 | 6,600 | 1,984,066 | ||
| Client specific funding Other restricted funds Petrock's Place |
492 5,285 |
657 (5,008) 6,6DD |
~0,000) | 1,149 277 |
||
| 5,777 | 2 249 | ~6,600) | 1,426 | |||
| TOTAL FUNDS | 1,220,093 | 756,599 | 1,905,492 | |||
| Net movement in funds, |
included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources f |
expended f |
in funds f |
||||
| Unrestricted funds |
||||||
| General fund |
1,319,418 | (565,068) | 754,350 | |||
| Restricted funds | ||||||
| Mental Health Services Client specific funding Other restricted funds Petrock's Place |
4,000 2,109 12,358 8,031 |
(4,000) (1,452) (17,366) ~743)) |
657 (5,008) 6,600 |
|||
| 26 498 | 24,249 | 2,249 | ||||
| TOTAL FUNDS | 1,345916 | ~589,317) | 756,599 |
| Comparatives for mo |
vem | en | t in fun |
ds | ||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||||
| 6 | 6 | f | 5 | |||||
| Unrestricted funds |
||||||||
| General fund |
846,106 | 259,457 | 34,078 | 1,139,641 | ||||
| Designated fund - staff redundancies |
59,500 | 9,500 | 69,000 | |||||
| Church reinstatement |
fund | 7,000 | 7,000 | |||||
| Property repair fund |
2,400 | 200 | 2,600 | |||||
| South Street contingency | fund | 3,375 | 1,500 | 4,875 | ||||
| 918,381 | 259,457 | 45,278 | 1,223,116 | |||||
| Restricted funds | ||||||||
| Recovery &Resettlement | ||||||||
| Accommodation Project |
44,000 | (44,000) | ||||||
| Client specific funding Other restricted funds |
1,218 5,129 |
(726) 1,434 |
~1,278) | 492 5,285 |
||||
| 50,347 | 708 | $45,278) | 5,777 | |||||
| TOTAL FUNDS | 968,728 | 260,165 | 1,228,893 | |||||
| Comparative net movement |
in funds, | included | in the above | are as follows: | ||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| 6 | 6 | |||||||
| Unrestricted funds |
||||||||
| General fund | 924,554 | (665,097) | 259,457 | |||||
| Restricted funds | ||||||||
| Mental Health Services |
3,000 | (3,000) | ||||||
| Client specific funding | 3,872 | (4,598) | (726) | |||||
| Other restricted funds |
15,203 | ~13,769) | 1,434 | |||||
| 22,075 | $21,367) | 708 | ||||||
| TOTAL FUNDS | 946,629 | (686,464) | 260,165 |
| defined cont |
ribution pension |
scheme, in the next twelve |
months: | |
|---|---|---|---|---|
| 31.3.22 f |
31.3.21 6 |
|||
| Provided in |
the financial statements: | |||
| Outstanding | contributions | 1,016 | 1,016 | |
| Not provided | in the financial | statements: | ||
| Annual contributions for the |
next year | 18,000 | 15,000 |