CLUB Making change count for homeless people Company R¢gistratlon No. 4238295 (England & Wales) Charlty Re8istratlon No. 1091077 The 999 aub and Lady Florence Trust Ttee5. report and financlal statements For the year ended 31 August 2020 '9mD9N& 1210412021 COMPANIES +M)USE
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The 999 Club and lady Floren¢¢ Trust CLUB Contents Charity information Report of the Chair of the Board Report of the trustees IrKlependent auditors. report 12 Consolidated ststement of financial artivities 15 Balance sheets 16 Consolidated cash flow statement 17 Notes to the financial statements 18
The 999 Club and Lady Florence Tntst Reference and adrnlnlstfative infornwtlon For the year ended 31 AuDtst 2020 Trustees . Gordon Mccullough (Chairl Toju Mayomi (Treasurer) rim Colman Julie Greenwood AndW Neilson {resi8ned 18 June 20201 Jo Tanner Man1 Batta8lia Trovato Secretary rim Fallon {to 7 May 2020) Paul Calland {Interim} (from 27 April 20201 Chlef EKecutlve Tim Fallon (to 7 May 20201 Paul Calland Ilnteriml (from 27 April 20201 Registered oifiee 21 Deptford Broadway London S£8 4PA Company re£lstratlon number Reglstered charity number The 999 Club The 999 Club The Lady Floreno Institute 4238295 1091077 312816 Bankeys The 999 Club HSBC Bank PIC 85 Lewisham High Street London SE8 4RQ The Lady Floren Institute Unity Trust Bank PO Box 782 Orpington BR6 IEN Solicitors TV Edwards 35 Mile End Road London EI 4TP Auditors Saffery Champness LLP 71 Queen Victoria Street Lofidon EC4V4BE Page I
The 999 Club and lady Rorence Tn Report of the Chair of the Board For the year effid 31 August 2020 CLUB l am delighted to share the Trustees. rep)rt and financial statements for the year i September 2019 to 31 August 2020. Half way through this financial year. the World was struck with the Covid-19 pandemic and the 999 Club was forced to close down the Gateway Day Centre and Night Shelter under the national kKkdown. As part of the Govemmenvs 'Everyone In. initiative. our night shelter guests were moved into hotels and other temporary accommodation organised by the local authority. and we quick adapted our seNices to support service users as best as possible. We redeployed our night shetter staff to support people during the day. and we continued to provide ser¥ices over the telephone. video calls and outdoors via socially distanced visits. We quickly saw the needs of our ser4ice user5 change too. Many people were scared. lonely and isolated, so our team continued to check on service users regularly and arranged for them to aCsS professional mental health support over the phone. Where we previously provided hot meals at the day centre. we started to provide supemiarket gift vouchers and food parcels to ensure service user5 had access to food and toiletries. We couldn't have adapted our wor* 50 quickfy without the support of our funders. includinE trusts and foundations, individuals, companie5 and other or8anisations. We received emergency fundin8 from the London Community Response Fund to buy 70 mobile phones, tablets and internet access which enabled our service users to Stay in contart with u5 remotely and acce55 all'the 5UPPOrt they need. We a150 purchased food and toiletries to 80 into food parcels, and organised online training courses to help people continue improving their employment prospects and apply for jobs during this time. Good Thlngs Foundation also provided 10 tablets for our seThice users to acce$5 digital heèlth support remotely ènd the team trained people on how to use them. Feedback on using tablets for this purpose has been really positive- especially from the over 50s. Lloyds Foundation provided laptops for the team to transitbon to working from fv)me. and Ststuscake supplied 5 printers and monitor5. I would like to thank the Mayor of Lewisham, Damien Egan for choosing the 999 Club to be his charity of the year for the third year runnin& and to Goldsmith College for signing a 5 year partnership agreement with us this year. Other funders provtded urgent unrestricted fundin& and added flexibility to restritted 8r3nts to help us best meet the needs of our service users. Thank you to our funders for your generosity and support during this time. We reopened the Gateway Day Centre in October 2020. operating in a wcialty distanced and Covid-secure manner, but regrettably the night shelter will be c105ed for the forseeable future a5 It cannot safely host 25-30 people in the same room during this parKlernic. Paoe 2
The 999 Club and Lady Florence Tntst Report of the Chair of the Board For the year ended 31 August 2020 We had to make the tough decision to make our night shelter staff redundant, whlch was a huge loss to the 999 Club. Our night shelter team has provided an essential servKe for the most vulnerable people in Lewisham for many years and tt was with a hewy heart that we said goodbye. we' now exploring how can redevelop our night shelter building to provide a safe and aliernative emergency accommodation service. We are awaitin8 recommendations from a team of consultants who have appraised the bulldin& ènd we expert to *in renovating the space in 2021. Wlth the night shelter and day centre closed for half of this financial year the number of people we have seen has been lower than previous years. but we have been able to build deeper relationships and provide more in4epth and personalised support to our seNice users, which has alway5 been our priority for the 999 Club. Since we reopened the day centre 16 of our previous volunteers have returned to help, and we've been joined by 11 new volunteers. I would like to say a big thank you to our volunteers for helping us to run the day centre so smoothly and inline with new social distancing rules. We were thrilled to be awarded Homelessne55 Charity of the Year 2020- London by UK Enterprise Award5 thbs year. We have also received an extraordinarity generous arnount of pro-bono support from ThirdEye Consulting with settinE up the SalesFortr database to help further improve our fvndraising planning. l am sincerely proud of the 999 Club team and the way have adapted so quickly to help some of the most vulnerable people in our community during the pandem•c. Gordon Mccullough Chalr of Trustees March 2021
The 999 Club and Lady Florence Trust Report of the Trustee5 For the year ended 31 August 2020 The trustees. who are also the direttor5 of the charity for the purposes of Company Law, present their report together with the consolidated financial slatement5 for the charities for the year ended 31 August 2020. The finarkciol statements have been prepared in accordance with the accounting policie5 set out on page5 18- 19 and comply with the charivs constFtution and applF(able law. Obieets and Artlv6tles The objects of the 999 Club and Lady Florefi Trust are: The rel*f of poverty by the provision of an advice and counselling service. The advancement of education and the provision of facilities for ation and other leisure-tlme occupation for people who have need of such facilities of their youth. age. infim)ity andlor disablement. poverty or social and economic circumstance5 With the objert of improving their onditions of life. To achieve those objects the 999 Club and Lady Florence Trust works with 1meleSS people and the vulnerably housed by providing a range of serlices. including financial advice and advocacy. support with rehousing and tenancy sustainment. employment and education. and support to access healthcare. It doe5 this through the Gateway Day Centre. which is open Monday to Friday in the London Borough of Lewisham. As the sole corporate trustee of the Lady Florence InstTtute, the 999 Club provides administrative support for that charity as well as management of its freehold property and assets. The 2011 Charities Act requi5 all charities to meet the legal requirements that its aims are for the public benefits. taking into account the 2010 £quality Act. The Charity Cornmi5sion in its "Charities and Public Benefif Guidance states that there are two key principles to be rnet in order to show that an or8anisation's aims are for the public benefit= the benefft must be identifiable: the benefft must be to the public in general or a section of the public. The Council of Management which equates to the Board of Trustees land is henceforth referred to as such) confim they have regard to the Charity Commission's guidance on public benefit and consider each year how the charity meets the public benefit objectives outlined in Section 4 of the Charities Art 2011. They a satisfied that the 999 Club and Lady FlOnce Trust meet5 the requirements and conform5 to the Ys definition of a charity meeting all elements of the two key principle& Organlsatlonal objectlves The 999 Club began the financial year with the following organisational objectTrves: To provide personalised and in-depth support to people experiencing homelessne55. recognising that given our limited resources the greater the number of individuals the less personalised and in-depth is the support we can Provide. The support given is to include a range of elements. induding advice and advocacy to secure suitable housing and to re501ve sorne of the probFems clients face. plus a variety of activities to improve life skills and employability and. in the process, reduce isolation. Page 4
The 999 Club arKI Lady Florence Tn Report of the Trustee5 For the year ended 31 August 2020 CLUB To consider developing core specialisms Within: advice and advocacy in housing and benefits. migrants and employment, and women. To create an inclusrve culture for service user5 in whith they have a Vol and tell us what works best for them. To deepen partnershlps with other organisation5 in Lewisham. To ensure professional standards the organisation has achieved and maintained the'Advice Quality Standard. IAQS) and the Trusted ChariV andard Ipreviousty PQASSO). The Board also agreed to work on the following themes: Improvernents to the bulk11nbUlldlng redesrgn Implementation of a new Night Shelter model Improved volunteer management A greater focus on supporting people into sustainable housing including a tenancy sustainment programme A greater focus on preventing homelessness. Covid-19 pandemic The impact of the Covid-19 pandemic. which struck in March 2020 and continued throughout the rest of the financial year and beyond. meant the 999 Club needed to adapt some of its services and rfrfocus priorities. In line with guidance from Government and Public Health England. both the Gateway Day cent and the Night Shelter were closed in March. 1 night shelter guests were moved into temporary accommodation organi5ed by the local authority, and staff continued to SUPPOrt people over the telephone, video calls and via socially distanced outdoor visits. The Day Centre reopened in a safe and socialty distanced manner in October to offer one-to-one appointments, but the night shelter Unfortunate had to be closed for the foreseeable future because of the risk of spreading the virus. Night shelter funding granted from Lewisham Borough Council was instead reallocated to fund two floating sUPPOrt workers to support clients slaying in temporary accommodation. The 999 Club also began work with a team of consultants to condurt a feasibility study to consider altemative options available for the night shelter buildin& that best meet the needs of the people who require emergency atmmmodation. We expett to recer4e the review by January 2021 to the review our options. P4eS
The 999 Qub and Lady Florence Trust Report of the Trustees For the year ended 31 A4ust 2020 A¢hlevements and perfornianee These are the activities undertaken to further the charitys purp)ses for the public benefit. They are undertaken with regard to the Charity Commission's guidance on public benefit. We provided a iotal of 331 people experiencing homelessness with per50nali5ed. in-depth sUPPOrt. tovering a ran8e of elements. This invofved: Supwrting 174 people with IM)usin& including: o Succe5sfulty rehousing 60 people in privatety rented housing o Supporting 29 people to find temporary accommodation o Helping 14 people into supported accommodation where they received SUPF)Ort with extra needs such as addiction or mental health problems. o Preventing 2 evictions o Referring 77 people to other organisations to adequately meet their needs incIlIng Street Link. Single Homeless Intervention Project (SHIP) or housing pro¥ider5. Helping 126 people with their finances. through: HelpinE 85 people to apply for beneffts. Personal Independence Payments or support grants o Supporting 9 people to appeal adverse benefit hearirvds o Helpin8 14 people with debt advio. budgeting and bank i$5ues. Assisting 21 people with employment SUPrt. including help to prepare a CV. searchin8 for jobs, rindin8 volunteering Opportunities and accessing trninin8 cotsrses. Supportin8 68 people to access healthcare. including helping 21 people to acces5 a mental health service, and 20 people to access our digital health project where we supply clients with tablets and train them to access digital health 5UPPOrt remotely. Our project vmrkers developed specialisms in partitular aa5. With staff members dedlcated to supporting clients with: rehousing and homelessness prevention. financial advice and support, employability. health and wellbein& and digital support. To explore how we can create a rnore inclusive culture for service users and ensure they have a voice, we began discussion5 With the co-production lead at Lewisham Borough Council. As part of this, we have encouraged service users to become involved in plannin8 our services and taking part in the running of the or8anisation. We encourage former service users to volunteer with us. and we invited service users to sit on interview panels for project specific role5. We continued to deepen partnerships with other organi5ations in iewisham. working Close with: the London 8orough of Lewisham. Lewisham Safeguarding Adutts Board. Jericho Road Project, Refuge Athena Service, Thames Reach. Bench Outreach. St Mungo's. Crists. Proxy Address Pilot, Housing Justice and Samaritans. This year we started making health and safety upgrades to our day centre building with funding from ihe Band Trust. and we are working towards renewing our Trusted ChariV stsndard {previously PQASSOI. Patr6
The 999 Club and Lady Florence Tnst Report of the Trustses For the year ended 31 Au8USt 2020 Voluntee Our work is supported by a team of dedicated. local volunteers. and this year we receNed funding to recruit a Volunteer Coordinator to further develop our volunteer programme. including recruitin& training and supervising our volunteer pool. Throughout the year a total of 153 people volunteered with the 999 Club. Volunteers have been essentlal in ensuring the smooth running of our Covid<omplrdnt day centre, helping to cover the reception area. where they greet clients and take their temperatures. provide face masks and hand sanrtiser, take initial assessment5 and details for track and trace. and make one-to-one appointments with staff members for help with particular needs. They provide people with a hot drink utM)n arrival. and distribute food parcels. donated tlothe5 or household items and also help to organise irKomin8 donations and answeT telephone enquiries from clients. 16 corporate volunteers from Hochtief-murphy Joint Venture IHMJVI aF50 volunteered over a tw0-Vek period to repaint part of the 999 Club's Fvemises. creating a new Offi space for us work in. Future plans Over the coming year. the 999 Club plan5 to publish a new organisational strategy to guide our work. We will be receNing recommendations from our feasibility study on the future of the night shelter building and begin work to refurbish the space to offer safe. atternative emergenry a¢¢ommodation. After reIving additional funding this year. we will be recruiting for èn additional Employability Advi50r to as5iSt clients with working toward5 securing employment, and a Senlor Advite Worker to support clients with finance5 and benefits. We will also be recruiting for permanent Chief Executive and Head of Operations role5 to take over from our interim appointments. Next year we aim to achieve the following Outcomes for our ser¥ice users: • Housin2 for 370 people a year- this includes finding urgent housing for people who are homeless and rehousing people in precarious accommodation Help ZOO people to stsy In thelr IK•me5 - we will help people who have previousty been or are at risk of becoming homeles5 to stay in their homes . Improved ernployment prospects for Icrt) people a year - we will help homeless peop get qualifications, re-train or secure employment Increased wellbeing and heatth for 200 people a year- for example we provide an appointment service with a mental health nurse and help people register with GPS Increased feelirvd of self4vorth for people a year- being treated as a human being is often the m05t valuable part of recovery for homeless people. We will continue to work.towards: Sustslnabllity- once we have helped people to find pemianent accommodation. we will support them in their new home for a5 long as they need it so that they remain in the accommodation and do not become homeless again. Long-terrn systemlc changes to dlenv Ilves - we will guide and direct clients to appropriate services within the 999 Club and through our external partners. to empower clients to take control of their lives
The 999 Club and Lady Florence Tntst Report of the Trustees For the year ended 31 Auziist 2020 CWB again. e.g. giving up alcohol or drugs. finding 5UStainable employment, breaking entrenched cycles of low self-esteem and homele55ness. Eradlcatlon of homelessness - we will continue to work in c105e conjunction with Lewisham Borough Council and other homelessness organisations like St Mungo's to end all rough sleeping in our borough and to bring people back from the brink of social exclusion. Financial review A significant source of fvnding has been the lady Florence Institute whith made a donation of E112.OtKJ during the year in support of the work of the 999 Club. Other financial a55iStance was given by charitable trusts, corporate supporter5 and private donors. The results for the year are shown on page 15. There Wa5 a surplus for the year of £612.82312019: £144.7101 of which a 5urplu5 of £532.13112019: £125,572) relates to unrestricted funds. When the surplus 15 added to the funds brought forward of £3.144,2(K) this leaves a figure of £3,757.023 for tota5 funds canied forward at 31 August 2020. Remuneration Poli(y The 999 Club believes it is imrM)rtant to attract staff of high calibre with strong professional 5tandard5 in order to provi(le its 5erwce user5 With a good qualtty service that will support them in achieving sustainable move-on. We airn to ensure that salaries are at market levels. We operate a policy that the highest paid employee should not earn more than three times the salary of the lowest paid employee. No employee is paid more than £60,(KXI. This statement has been drawn up in line with the recommendations of the Report of the Inqu•ry into Charity Senior Executive Pay (published April 20141. ReseNes policv It is the trustees, desire to maintain unrestricted funds. being the free resep4es of the charity. at a level which equates to been approximately six to nine months expenditure. At this level the trustees feel comfortable that they can continue the current acttvtties of the charity in the event of a significant drop in funding. The Trustee5 have designated the value of the pn)perty held in unrestncted funds into a separate fund to ensure that the free reserves availabte for the day to day running of the charity are easily identifiable. The unrestricted reserve5 of the charity at 31 August 2020, after removing designated funds, amount to £237,167 12019: £320.0361. This represents approximately 6 months unrestrirted expenditure. This is monitored and reviewed on a regular ba515. It remains the Trustee5' objective to maintain free reserves between the equivalent of to Six to nine rnonths nStricted expenditure. The trustees have created two designated reserves utili5ing those unrestricted in excess of stx months expenditure. £ICQ.CW toward5 future major maintenance issue5 for the 24 LFI rented dwellings, and £515,OCL) towards a fund for redevelopment the Lady Fk)ren Hall and associated dwellings on the Slte. Investment poliry In light of the unrestricted reserves the treasury management should leW the policy of keeping liquid fund5 in short term deI$lts that can be accessed readily. Pa¢e 8
The 999 Club and Lady Florence Tn Report of the Trustees For the year ended 31 Augiist 2020 cw Risk management The Trustees are responsible for the management of the risks faced by the 999 Club and Lady Florence Trust. Detailed considerations of risk are handled by the Trustees in their meetings. In addition, the Chief Executive and Senior Management Team consider the Risk Register on a regutar ba515. Risks are identified and assessed throughout the year and contro15 are estsbli5hed to manage the risk5. A formal review of the 999 Club and Lady Florence Trusfs risk management proces5e5 ts undertaken each year. The key controls used are: Formal agendas and minutes for Trustee Meetings (held 4-6 times a year) Regular management account5 and cash flow Statements Development of fornial written policies. including authority limits Through the risk rnanagement protesses established by the 999 Club and Lady Florence Trust, the Trustees are satisfied that the major risks identified have been adequate mttigated where necessary. It is recognised that systems can onty provide reasonable but not absolute assurance that major risks have been adequately identified. Fundraising The 999 Club tsndertakes fundraising a¢li¥ity through its SUPPOrters via fundraisin8 events. individual 8iving including appeal letters. email and telephone. We do not have face to face lor door to door) fundraising activities. In addition. funds are raised from trust5 and foundations and corporote partnerships. The 999 Club is a member of the Fundraising ReEulator and adheres to its Code of Fundralslng Practice and its associated rulebooks for fundraising activtties. Additional guidance and information is sought from the Institute of Fundraising in order to inform best practice. The 999 Club is compliant with the General Data Protection Regulation IEUI 20161679 and will only contact prospectr¥e and existing supporters in line with its Privacy Policy and Data Protection Statement which can be vRwed in full at htt 999club.o fvndraisin fundraisin -re ulation. The 999 Club recognises the importance of protecting our vulnerable supporters and follows the guidance issued by the Institute of Fundraiyng and the Fundraising Regulator on treating donors fairly. The 999 Club supports its staff and fundraisers who come into contact with supportets in providing high quality customer ca. ensuring anyone donating to the charity is in a position to make a free and informed decision. The 999 Club welcomes feedback on its fundraising activities and has a complaint poliry which outlines how the charity will react should a complaint be rerIed regarding its fundrai5in8 methods. The 999 Club received no complaints during the year. Related parties The 999 Club and Lady Florence Trust is the sole Corporate trustee of the Lady Florence Institute {Registered Charity 3128161 which holds the freehold of the property at 21 Deptford Broadway and Lady Florence Courtyard. The Lady Floren Institute has made a donation to the 999 Club and Lady Florence Trust thi5 year. This level of support will continue into the fvture. Pa8e 9
The 999 (b and Lady Flornnce Trust Report of the Trustees For the year ended 31 Ausust 2020 CiLB Structure, Governance and Management The objects of the charity are governed by the Memorandum and Articles of A550ciation adopted in February 21]02. We recrurt trustees With expertise. relevant to the needs of the charity. Trustees are recruited by open advert. non-executive search or recommendation. and confirmed and eletted by fellow Trustees. Following elettion to the board trustees undergo a full irtrduction. The trustees. role is.that of 8ovemance and strategy for the organisation. The board of the 999 Club is the sole corporate trustee of the Lady Florence Institute whose objects a set out in a separate document. The 999 Club and Lady FlOnCe Trusrfs objerts are in line with those objects. The accounts of two organi5atiOllS are therefore con501idated. Trustees. responslbilities The trustees Iwho are alx) directors of the 999 Club and Lady Florence Trust for the purposes of company lawl are responsible for preparing the Tru5tees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practice). Company law requires the trustees to prepare financial statements for each finanoal year whbch give a true and fair view of the stste of affair5 of the charitable company and of the incoming reSoUrS and application of resources, including the income and expenditure. of the charitable company for that pertod. In preparing these financial statements. the trustees are required to= selert 5Uitèble attounting policies ènd then apply them consistently- observe the methods and prinaples in the Charities SORP: make judgements and estimate5 that are reasonable and prudent: state whether applicable accounting standards have been followed. subject to any materièl departures disclosed and explained in the financial statements.. prepare the financial statements on the goin8 concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees a responble for keeping proper accounting records that disclose with reasonable accuracv at any time the financial position of the charttable company and enable them to ensure that the financial Statements comply with the Companies Art 2rJ)6. They are also responsible for safeguarding the a55ets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. In so far as the trustee5 are aWaTe-. there is Do relevant audit inforMatn of whith the charitable cornpanvs auditor is unawore; the trustees have taken all steps that ought to have been taken to make themselves aware of any relevant audit information ond to establish that the alItOr is aware of that infomlation. Paee 10
The 999 Club and lady Florence Tntst Report of the Trustees For the year ended 31 Au8USt 2020 The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable compan5 webslte. Legislation in the United Kingdom governing the preparation and dissemination of financial ststements may drffer from legislatloTr in other jurisdictions. The Trustees have taken ad¥antsge of the 5rnall cornpanies. regirne in preparin8 the Trustees Annual Report. y order of the trustees Gordon Mccullough Chalr of Trustees 18 March 2021 Page 11
The 999 Club and Lady Florence Trust Independent auditors. report to the members For the year ended 31 August 2020 CLIJB Opinion We have audrted the financial statements of The 999 Club and Lady Florence Trust for the year ended 31 August 2020 which comprise the consolidated statement of financial artivities, the group and Charity balance sheets. the consolidated cash flow statement and notes to the financial statements, including a summary of significant accounting policie5. The financial reporting framework that has been applied in their preparatton is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102. the Financial Reportin8 Standard applicable in the UK and Republic of Ireland Iunited Kingdom General Accepted Accountin8 Prackncel. In our opinton the financial statements". give a true and fair view of the state of the affairs of the group and the parent charltable company as at 31 August 2020 and of the group's incoming resources and application of resources, including its income aThl expenditure. for the year then ended- have been properly prered in accordance with United Kingdom Generalty Accepted Accounting Practice. and have been ppared in accordano with the requ1Ments of the Companies Act 2CKJ6. 8asis for opinion We conducted our audit in accordance WFth Intemational Standards on Auditing IUKI IISAS IUKII and applicable law. Our respon5ibilitie5 under those standard5 are further described .in the Auditorfs -re5ponsibilities for the audit of the financial statements section of our reFKJrt. We are independent of the group and the parent charitable company in accordance with the ethical requirements that are levant to our audit of the financial statements in the UK including the FRCS Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden we have obtained is sufficient and appropriate to provide a basis for our opinion. Cort¢luslons relating to golnz coneem ' We have nothing to report in respect of the following matters in relation to which the ISAS IUKI require us to report to you where: the trustees, use of the Boing concern basis of accountin8 in the preparation of the financial stètements is not appropriate- or the trustees have not disclosed in the financial ststements any identified material uncertainties that may cast significant doubt abotrt the group's Of the parent charitable companvs ability to continue to adopt the going concern basis of accounting for a period of at ast twelve months from the date when the financial statements are aLrthorised for issue. Other Inforrnatlon The trustees are responsible for the other inforniation. The other information comprises the infomiation included in the annual report. other than the financial statements and our auditorfs rert thereon. Our opinion on the financial statements does not cover the other information and. except to the extent otherivise explicitly stated In OUT TeFK)rt. we do not expre55 any form of assurance conclusion thereon. Paee 12
The 999 Club and lady Flovence Trust Independent audltor< reportto the rnernbe (conilnued) For the year ended 31 August 2020 In connection with our audit of the financial staternents, our resp)nsibility is to read the other information and, in doin8 so, consider whethef the other information is Material inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misststements. we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If, based on the work we have performed. we conclude that there is a material mi$5tatement of this other infomiation: we are required to report that fact. We have nothing to report in ihis regard. Other rnatte prescribed bythe Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit- the information given in ihe Trustee< Annual Report which includes the Dirertorf Report for the financial year for which the financial Statements are prepared is con5iStent with the financiol statements. and the Trustees. Annual Report which indudes the Directors. Report have been Prepa in accordance with applicable legal requirements. Matters on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the group and the parent charrtable company and its environment obtained in the course of the audit, we have not identified material mi55tatements in the Trustee Annual Report. We have nothing to report in respect of the following matters Whe the Companies Act 2006 require us to report to YOU bf. in our opinion- the group or pant charitsble company has Mt kept adequate and suffic*nt accounting records. or returns adequate for our audit have not been received from branches not visited by tss- or the parent ¢harilable ¢ornpany financial statements are Dot in a8reement with the accounting records and returns: or certain disclosures of trustees, remuneration specified by law are not made- or we have not reiVed all the information and explanations we require for our audit: or the trustees were not entttled to prepare the financial statements in attordance with the small mpanie5 regime and to take advantage of the small companie5 exemption in preparing the Trustee5' Annual Report. Re5ponslbllltles of trustee5 A5 explained more fully in the Statement of Trustees. Responsibilities. the tntstees (who are also the directOf5 of the chaTitable cornpany for the purposes of company law) are responsible for the preparation of the financial statements and for bein8 satisfied that they 8Ne a true and fair view. and for such internal control as the trustee5 determine is neossary to enable the preparation of the financial ststements that re free from material misstatement. whether due to fraud or error. Pa8e 13
The 999 Club and lady Florence Tftt q,1, CWB Independent auditor< report to the members Iconllnued) For the year ended 31 August 2020 In preparing the financial statements. the trustee5 are responsible for asse55ing the group's and parent charitable company's ability to continue as a going concem. disclosin& as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent tharitable company Of to cease operations, or have no realistic alternatNe but to do so. Audftorfs respon51billiies for the audit of the financial statements We have been appointed a5 auditors under the Companies Act 2(J)6 and report in accordance with that Art. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detert a material mi55tatement when it exists. Mi$5tatements can arise from fraud or error and are considered material if. individually or in the a88regate. they could reasonably be expetted to influence the economic decisions of users taken on the basis of ihese financial statements. A further description of our responsibilities for the audTt of the financial statements is located on the Financial Reporting Council's website at= www.frc.o auditorsres nsibilities. This description forms part of our auditorfs report. use ol our report This report is made solely to the tharitable companvs member5 and the trustees. as a b'ody. in accordance with Chapter 3 of Part 16 of the Companies Act 26. Our audit work has been undertaken so that we might state to the charitable CompanS members and trustees those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable tompany. the tharitabie companrfs members and trustees as a body. for our audit work. for this report, or for the opinions we have formed. Cara TurtinEton (Senior statOry Auditor) For and on behalf of Saffery Champness LLP Chartered Accountants Statutory Auditors 71 Queen Wictoria Street London EC4V 4BE 8 April 2021 Saffery Champness LLP is eligible to act as an auditor in temis of section 1212 of the Companies Act 2006 P4e 14
The 999 aub and Lady Flornnce Trust Consolldated ststement ol financial acbvlties Iiii¢tsiww •n Income andexwdlture tT(rountJ For the year ended 31 August 2020 UnrestrSrted funds Restrl(¢ed fvnds Total 2020 Total 2019 Income from: Donations, 8rants and fvndraised income 668.421 748.543 1.416, 820.377 Other trading activities-. Rental income 265.607 265,607 254,725 Total Income 934.028 748.543 1,682,571 1,075,103 Expendlture on Raising funds 117.585 117.585 77.083 Charltable athvltles 349.499 602.664 9S2.163 853.310 Total expÈndlture 467.084 602.664 1.069.748 930.393 N*t income/lexpenditure} for the ar 145.879 612.823 144.710 Transfers between funds 65.187 165,1871 Nèt IncomellèxpEnOilure) for the year 532.131 80.692 612.823 144.710 Balan¢es brought forward at 31 Au8ust 2019 1003,117 1.341,083 3,144.2(J) 2.999,490 Balancescarrfed forward at 31 August 2020 11112 2.335.248 1,421.775 3.757.023 3.144.200 All of the above results are derived from continuin8 operations and indude all gains and losse5 retognised trn the perlo(J. notes on pa8e$ 18 to 32 forrn part of these financial statement Pa8e 15
The 999 Club and Lady Flovence Trust Balance Sheets As at 31 August 2020 Charlty ' 2020 2019 Fixed assets Tangible fixed assets 2.720.621 1740.rK17 77.287 76.673 Current aS5èts Debtors Cash at bank and In hand 161,354 1.037,460 95,327 407.915 167.094 941.751 I¢JO.161 375.994 1.198B14 503.242 1.108.845 476,155 Credllors: amDuntslallk due withln one ye•r 1162.4121 199.0491 1148,5241 188,2501 Net ujrrent assets 1.036.402 404.193 960.321 387,905 Total assets lesscurrent liabllltlès 3.757.023 3.144.21Kl 1.037.608 464,578 3.757.023 3,144.2(Kl 1.037,608 464,S78 Funds Unrestricted funLts General funds Designated funds 237.167 2.098.081 2.335.248 320.036 1.483.081 1.803.117 161.086 615.0 776,086 303.748 303,748 Restricted 1.421.77S 1.341.083 261.522 160.830 3.757.023 3.144,2(K) 1.037.608 464,578 The note5 on pages 18 to 32 fofm part of these finarKial statements. A separate Statement af Financial Actmties br the Ch•rOty abfte is not producÈd as rrnItted by Settion 408 of the Companies Act 2W6. The Charitys net movement in fvndsfor ihe year w4s a surplus of £583,04812019: £143,919). Approved by the Board of Trustees on 18 March 2021 and signed on its behaff by Gordon Mccullough Company Numbor 4238295 lEland & Walesl Pa8* 16
The 999 Club WKI Lady Floreno Tn Con501idated cash flow Statement For the year ended 31 AuDist 2020 2020 2019 Net cash provlded by operating activibes 648.107 163.402 Cash flows from Investlng athitles: Purchase of tangible fixed assets Net cash provided byl(used Inl investin8 actlviti {18,5621 (185621 134,3891 134.3891 Cash Ilows from finandng actfvoties: Repayments of borrowing Cash inflows from new borrowing Net cash pro¥lded by (used In) financlng acilvltl 115.1741 115.174) Net rnovefflent lrt tash and cash equi¥alents 629545 113.839 Cash and cash equivalents at the beginning of the reporting period Cash and cash equl¥alents at the end of the reportlng period 409.915 294.076 16 1,037,460 407,915 The notes on pa8es 18 to 32 form part of these financial ststemenl& Pap 17
Yhe 999 Club and Lady Florerfe Trust Notes to the finan¢lal statements For the year ended 31 Au8USt 2020 Ac¢ountln8 polldes 8as1s of preration The attounts have been prepared under the historical cost convention wlth items recognised at cost or transa¢tion value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with the Companies Act 2C*)6. the 'Statement of Recommended Practice- Accounting and Reporting by Charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the VK and Republic of Ireland IFRS 1021 leffecÈi¥e l January 20191.. the Financial Reporting StarKlard applioble in the United Kingdom and Republic of Ireland IFRS 102) and the Charities Art 2011. The accounts are prepared in sterlTrn& which is the funrtion¥l ¢urren¢y of the Charity. Monetary Jmounts in these finanaal statements are founded to the nèarest £. The Charity constituies a public benefit entity as defined by FRS 102. Golng concern In March 2020 the World Health Or8anisation dedared the outbreak of the Covid 19 virus to be a 8lobal pandemic. The government took steps to both lockdown- retail businesses and required the general public to stay at home. They also took steps to remove all "rough sleeper< from the streets. The day to day activities of the charity have been impacted as the bublding has been dosed slnce 24th March 2020 and it has been implementing new way5 of supporting its beneficiaries. To date the impact on the thariVs ability to generate revenue has not been significant as rents have been paid and we have continued to recebve morw from local authorities and major funders. The TTU5tees have produced revised bud8ets and havetaken action to control costs. As a result of these measures. at the time of approvrn8 the finanaal ststements. the tru5tee5 hive reasonable expectation that the Charity has adequate re50ur¢es to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basi5 of accounting in preparing the financial statements. Consolldated financlal statements The Charity has consolidated its wholty owned subsidiary The Lady FlOree Institute in a¢¢ordance wilh the Statement of Recommended Practice -Accounting and Reporting by Charities.. A separaie Statement of Financial Actiwties. or income and expenditurè account, for the Charity itself is not presented because the Charity has taken advantage of the exemptions afforded by the Companies Art 2006. IA Company status The charity is a company rnited by guarantee. The members of the company are the trustees named in the financial statements. In the event of the tharity being wound up. the IFability in respert of the 8uarantee is limited to £1 per rnember of the charity. Donatlons and legades All donation income is induded in the Statement of Finanoal Activitie5 in the year in which it is received unless it is restricted income and has been receNed 5pecificalty in respect of expenditure to be incurred in a futu accounting period in whrch case it Is deferfed. Empendilufe All èxpenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Where Costs cannot be directty allocated to particular headings they have been allocated to a¢tivitie5 on a basi5 consistent wtth use of the re50urce& Salary costs have been allocated on basis of time spenL Page 18
The 999 aub and Lady Florence Trust Notes to the financial statements For the year ended JI Au8115t 2020 CLUB Fundralslni All expenses Telating to fundraisin8 and Wb1 are tharged to this heading. Governano costs These costs relate to the govemance of the or8ani5ation. They indude èxpenses of trustees, meetings, and audit fees. Freehold buildinBs are depreciated at 1% per annum. Deprford ensiOn cosis are depreciated over 10 years. Oiher capitalised refurbishment Costs are depreciated over the length of the lease. Furniture. equiprnent and minibuses are depreaated over S to 7 yea15. There is a capitalisation limit of E51X). below whith assets are not ¢apitslised. i.io Funds Re5trirted funds: These balances represent vduntary in¢ome or grants which have been received for the purposes set out in Note 12. The application of these funds is restricted by the expressed wishes of the donor or the terms of the8rant. Unrestricted lunds: These balances represent fvnds th3t can be used for any of thÈ chority5 purptssÈs. Designated fvnd5.' These represent the unrestricted elements of the charrtie< frèehold property i.ii Penslon kheme The charity has arranged a defined contributlon pen&on scheme for members of staff. The assets of this scheme are held separatety from those of the charity. being invested with an insurance company. Pension 0$15 charged in the Statement of Financial ACtitieS represent the ¢ontributlons payable by the charity in the year. 1.12 Flnancial i1Ume)1ts The Charity only has financial assets and finowal liabilities of a kind that quafify a5 basic finarbcial instruments. Basle financial inStrumts are initialty recognised at transaction value and subsequently measured at their settlement value wrth the exception of bank loans which are subsequently measured at amorti5ed cost usrn8 the effective interest method. The Charity has selerted to apply the provisions of Sertion Il'Basic Finanoal Instruments, and Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial inslrurnent> L13 Crttkal a¢countin8 ludiements and keysourcesofesllffth uncertainty In the applitation of the Charivs actountin8 polities, the trustèès are requrred to make jvdgÈments, estimates and a5stsmptions the (arrying amount of assets and liabiliiie5 that are not readily apparent from other sources. The estimate5 and associated assumptions are based on historical experlence and other fartors that are considered to be rele¥anL Artual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Aevislons to accounting e5timate5 are reco8nised in the pwiod in which the esiimaie is revrsed where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and hjture periods. The key estimates Ctsncem the useful econornic lrfe of fixed a55ets and the recovefability of debt. Page 19
The 999 Club and Lady Florence Trust Notes to the financial statements For the year ended 31 August 2020 CLU Expendlture on roi5ing funds 2020 Total funds 20 Tolal nds funds funds Staff ¢05ts Temporary staff Direct costs Centre costs Support ¢05ts 95.866 39,164 . 16.975 11.598 6,823 2,523 12.267 7.*102 2.OSO 12.267 7,402 2,050 117,S85 117,585 77,083 Charltable arthitie5 2020 Unreslrirted Restrkted funds fund5 2020 Total fvnds 2019 Total nds Staff costs cent costs Oepreciation Projert costs Miscellaneous costs Support costs Gtsvernan costs (see note41 85.2 140,633 8.731 1.$36 39,(7 58.780 15.690 427.187 74.663 29.217 49,825 1.843 19,929 S12,249 215,296 37,948 51.361 40.910 78,709 15,690 471,192 156,753 35.005 81,497 17.146 76,557 15,160 349.499 602.664 952.163 853,310 Support $15 indude ¥eneral managent and I)ffi costs whrth cannoi be dirertly attr¢buted to a C05t caiegory. Where support costs are fvnded by a restri¢ted fund. the costs are allocated dtrettly against that lund. Page 20
The 999 aub and Lady Florence Trust Notes to the financlal sLitements For the year ended 31 Augitst 2020 CLUB Governance costs 2020 Total fvr 2019 Totsl fvnds fund5 Bank charges Legal and professional fees Audit Away Day 1.230 2.220 12.240 1.230 2.220 12,240 1,555 i.oio 12,150 I5.A) 15,690 15,160 stsff costs 2020 2019 Wages and salaries Employers National Insurance Pension costs Re¢ruitTnent costs 512,062 44,981 9.354 42,718 450,193 39,551 9,049 11.563 609.115 SIO.3S6 No trustees were reimbursed for expenses12019: nill. No trustees received any remuneratlon in either vear. In 2019 donations recwved from trustee5 tolalled £nil12019.' £nill. No member of staff was pald more than £60.¢Th in elthef year. The aggregate amount pald to key management personnel in the year was É192,92412019-. f 188.0291. The average number of staff employed by the charities in the year ended 31 Au8USt 2020 was 1812019: 161. r4et hKomellexpendhure) Net income/lexpenditure} for the year is stated after charging: 2019 Auditors remuneration Depreciatlon 12.240 37.948 12,150 35,005 Page 21
The 999 Club and FlorefKe Tnsi Notes to the financial ststernents For th¢ Tfftr ended 31 August 2020 Total oug land and buildv*s an equlpment As at 31 August 2019 Additions Disposals 3.CQ).Q(K) 322.724 69.614 18.562 3,392,338 18,562 As at 31 August 2020 3.[xI,(lI 322,724 88,176 3,410,900 Depredation As at 31 AuBu5t 2019. Charge for year 336,666 276,724 9,874 38.941 8.074 652,331 37,948 A5 at 31 August 2020 356.666 286,598 47,015 690.279 14et book value As at 31 August 2020 2.643.334 36.126 41.161 2,720,621 As at 31 August 2019 2.663.334 46,ts)1 30,673 2.740,W7 Included in freehol¢J land and buildin85 is £I.C((J.C(10 relatin8 to land which is not depreciated. The freehold land and buildings were valued on 31 Decernber 21x12 by Marttn DeVar8a Chartereil Surveyors 85 they were brou8ht into Use forthe frrst time. The Trustees do not have a pdicy of the builrfinas in the financial statements. The historic cost of land and buildings is £2,239.258. Page 22
The 999 aub and lady Florence Tn Notes to the financial ststements For the year ended 31 August 2020 Flxed asset IcontInu) Refurbi5hmert Fumiture and Total (harlty As at 31 August 2019 Additions Oisposals 322.724 69,614 18.562 392,338 18,562 As at 31 Au8u5t 2020 322.724 88,176 410,900 Depredatlon As at 31 Au8usi 2019 Charge for year, Eliminat on disposal 276,724 9.874 38.941 8,074 315,665 17.948 As at 31 August 2020 286.598 47.015 333.613 Ilet ljook valve As at 31 Au8USt 2020 36.126 41,161 77.287 As at 31 August 2019 46.031 30.673 76.673 Oebtors Group Charhv 2020 2020 2019 2019 Trade debtors Prepayments and accrued income Other debtors ¢ed by Lady Florence Institute 95.123 55.961 10.270 22.330 63,397 62.926 55.961 69.089 48.207 31,072 161,354 95.327 167,094 100,161 Creditork AmtyJntslalllnÉ due withln one Group a*rftv 2020 2020 2019 2019 Trade CTeditors Accruals and defened income Ta¥ and Social Security Other creditors 55,520 27,028 44,823 35,041 41.319 41.481 12,121 4.128 53.870 14.790 44,823 35.041 41.319 30.682 12.121 4.128 162.412 99.049 148,524 88.250 Pale 23
The 999 aub and Lady Floreno Trust Notes to the financial ststements Forthe year ended 31 August 2020 io. Anatys150f nd assets behveen fvnds Gr¢)up 2020 Total TanBrble fixed assets Net current assets 41.161 196.OC6 1.483.081 615.OC*) 1,196.379 225.396 2,720,621 1,036,402 Net assets 237,167 L098,081 1,421,775 3,757,023 GfOUP 2019 Total Unresirkted l)esl8naoe41 Resirfrtett Tangible fixed assets Nei Current assets 36.756 283.280 1.483.081 1.220.170 120.913 2,740.007 404,193 Net assets 320.036 1.483.Q81 1.134.083 3,144.2th) 2020 Total Unre5tr1Lt RestrScled Tan8ible fixed assets Net current assets 41.161 119.925 36.126 225.396 77.287 960.321 615.(Xl) Net assets 161.086 615.( 261.522 1.037.608 Chartty 2019 Total Tafiwble fhxed 8sset5 Net current assets 36.756 266.992 39.917 120,913 76,673 387,905 Net assÈts 303,748 160.830 464,578 e24
The 999 Club and Lady FloreKe Trust Notes to the financial ststements For the year ended 31 August 2020 CLLB ii. Unre5trirted funds Group Balance I Septeml)er 2019 Outsol Transfers Balance 31 August 2020 funds General fvnd 320.036 934.028 1467.0841 1549.8131 237.167 DesSated fund5 Lady Florence Refurbishment fund Lady Florence Refurbishment fund Property fund Flat loo, 100,C*Jo Hall 515,000 515,000 1,483.081 1.483.081 L483.081 615.0 2,098,081 Total funds 1.803,117 934.028 1467,0841 65,187 2.335,248 The designated property fvnd the value of the freehold property. exduding redevelopment costs. owned by The Lady Florence Institute, the value of whith is included within Tangible Fixed Assets. This asset is used by the group on an onwin8 b$ for the tharitable artivit5 carried out. The trustees have (ated two deslgnaied reser durtrE the finanaal year. £l(XJ.(w towards future major maintenance issve5 for the 24 LFI rented dwellings. and £515,(XX) towards a fund for the redevelopment the Lth Floren Hall and a550Ctated dwellin85 On the site. Movement In resour¢es Incomlng Outgoing Group Balance I September 20 Transfers Oalance 31 August 2019 fvnds General fund Deslgnated proputy fvnd 194,464 1.483.081 608.524 1490.2441 7,292 320.036 1,483.081 Total funds 1.677.545 608.524 149).2441 7.292 1,803.117 Page 25
The 999 aub and Lady Florence Tn Note5 to the finan¢ial statements For the year ended 31 Auiust 2020 CLUB ii. Unrestrl¢tsd funds Icuntinyedl Charlty Balance I September 2019 OyWin8 Transfers Balance 31 Au8ust 2020 fdS General fund 303.748 796.679 1389,5281 1549.8131 161.086 Desl8naled lunds .Lady Florencè Refvrbi5hment fund Lady Florence Refvrts'shment fund Flat Iw.000 100.oc Hall 515.000 615.000 515.oc 615,000 Totslfvnds 303.748 796.679 {389.5281 65.187 776.086 Mo¥emert in resource5 IntomMK% (krt8oiry Tr•nsfèYs bètwèen funds Charity B•lance 15eptember 2019 8alance 31 Au8U5t 2020 Genernl fund 198,990 499.952 1402,1261 7.292 303,748 Totsl funds . 198,990 499.952 1402,1261 7.292 303,748 P•8e 26
The 999 Club and Lady Florence Trust Notes to the flnancial 5tatemÈnts For the year ended 31 August 2020 Resiri¢ted fund5 Ma¥emenl in resources Incoml fjTOUP Balance l September 2019 Transfers between funds 8alan¢e 31 Au8usI 2020 Welfare fund Nursery capital fvnding Wlnter night shelter Lewisham Winter night shelter otherfunders Employability Co-ordinator Personal Service staff costs Equlpwn8 Project Enterprise Development Capital Project 2 Senior Ase Worker Salary Digital Indusion Volunteer CooTdin8tor Gateway- Faith Clark NiBht Shelter Post Covid-19 National Lottery Corona Wirus Appeal Grant Upgrade Gateway Propertv redevelopment ii.iiii 19,2171 1,019 39.917 {30.71KII 16.286 119.812 {114,1981 21,9LX) 61.259 135,4861 115.0001 30,773 17.1801 1,571 Transition 19,037 11.472 114.1281 125,rnoi 4,909 26,472 Shelters 19.464 I20.6?) 11201 138.6391 15,2741 120 120.(MJ) 81.361 89.835 12,SlJ) 25,628 131.7171 {12,S(Ql 14.2761 11.6341 158.1181 15.th) 13.3661 36,3S2 129.627 154.987 {120.8811 1144.0391 8,746 10.948 11.8481 28,612 10.430 1.160.253 10.430 1.180.253 120.(KKII Total hJnd5 L341.083 748.543 1602,6641 165,1871 1,421,775 Welfare Fund- Funds to help Individuals in ulsis Nursery capitsl fundinR- Building work5 in Deptford Wlnter Ni¥ht shelter- Prwding emer8ency attommodation for vulnefable people Employability C(wrdin•tor- Contribution to salary for Employability service Personal Transltlon Ser¥lo- Contriblbtion to salary of Asset Coach stsff costs- Contribution to salary of CEO and salary of fvrKfraising officer EqulppinÈ shelteTS prott- Contribution to salary of resettlement worker EnterIst OÈvdopment- cometiOn of a feasibility StLtdy Capi¢al Projert 2-costs of health and safety works Senlor Ad¥lce worker-- salary of seniorAdCe Worker Di8it?I Inclusion- upgrade of office equipment Volunleer CfyOrdinator- salary of Volunteer Co-ordinator Gateway Faith aark- Upgrade of Gateway Equipment P4e 27
The 999 aub and Lady FlOO¢e Trust Notes to the financial statemerbts For the year ended ai August 2020 CW8 12. Rertred fvnds l<oDthyedl - NS Posl Covid 19- runnlng costs of 8uWS and services 14atlonal Lottery- prevention of homelessness (Community Fund) CV Appeal Grafftt- contribution costs of office equipment for guests Up8rade Galeway- Health and Safety costs. recruitment of volvnteers and expenses. deaning Slee5 Property rede¥el•pment- The fund was established in respect of the redevelopment of properties owned by The Lady Florence Institute in Deptford Broadway. The fvnds are induded in tanglble fixed assets. Tra•1¢ between funds rtwesent: General Ceiitre axts- Asset cost For an Electric en Wlnter Nl8htshetter- Asset cost for personal Computers Dl8llal Ho•lth Prolert- Installation. warranty & HP Refvrb wifidows 10 Group 8alan I September 20 Intt)ffli Out8olng Transfers Balance 31 Au8USt 2019 General costs Welfare fund Nursery capitsl funding inter night shdter Lewisham Winter nr8ht shelter other funders Employabllity Co-ordirkator Move on Up projert Personal Transition Servrce stsff costs CEO Tr3ininB Equipping Project Di8itsl Heafth Projert Enterprise Development Property redevelopment {3.6481 11,6921 1.2LKI 630 39.917 49.134 {92171 19S.791 1175505) 11,cKtsJI 16,286 25.230 41.020 (4.9911 61.259 17,624 132.0151 167.020} 5,609 67.020 9.911 10,417 33.333 66.275 124.2071 165.2201 16.(#JJl 19.037 11,472 Shelters 18.320 12,5CKI 9,120 Ill20) 17,9CK)I {9.1I)01 120.QJ)I I4.6) 120 1.180,253 1,2fAI.253 Total funds 1.321.945 466,579 1440,1491 17.2921 1,341,083 P¥e 28
The 999 Club and L¥ Horen¢e Tnst Notes to the financial statements Forthe year ended 31 Augiist 2020 ftestrlded fur*ts Iwrtlnued) Charfty Oul80lry Tran51ers 8al•n¢e 31 August 2020 1 September 2019 funds Welfare fund Nursery capital fundinB Winter night shelter Lewisham Winter ni8ht shelter othef fundefs Employabllity Cwrdinatof Personal Service Staff costs Equipping Project Enterprise Development Capital Project 2 Senior Advise Worker Salary Digital Indusion Volunteer Coordinator Gateway- Faith Clark Night Shelter Post Covid-19 National Lottery Corona Virus Appeal Grant Upgrade Gateway 630 39.917 1,S(M) {30.7rxi} 1,019 19.217} 16.286 119A12 1114,1981 21,9C 61.259 {35.4861 I.C(m)I 30.773 17.1801 L571 Transition 19,037 11,472 114,1281 125,Thy)I 4.909 26,472 Shetters 19.464 I20.6) 11201 138,6391 15.2741 120 120.( 81,361 89.835 12.500 25,628 131.7171 I12,5} 14,2761 11.6341 158,1181 15.(X(J {3,3661 36,352 129.627 154.987 1120A811 1144.0391 8.746 10.948 IIA481 28,612 10,430 10.430 Total funds 160.830 748.543 1582.6641 165.1871 261,522 PaRe 29
The 999 aub and Lady Florence T$t Notes to the financlal ststefflents For the year ended 31 August 2020 Restrlctsd fvnds (thrtlnued) tharity Balance I Sepiember 20 Balan¢e 31 Ay8USt 2019 between funds General costs Welfare fund Nursery capital funding Winter night shelter Lewisham Winter ni8ht shelter other funders Employabililv Co-ordinator Move on Up Pfoject Personal Transition Service Staff costs CEO Training Equippin8 Project Di8ltal Health Proiect Enterprise Development 13.6481 16061 19.2171 IL692) 36 49.134 1.21Jl 630 39,917 195.791 1175.505) 16,286 25.230 41.020 14,9911 61,259 17.624 132.0151 167.0201 5.609 67.020 9.911 10.417 33.333 66.275 {24.2071 {65.220} (6,) 19,037 11.472 Shehers 18.320 12,500 9.120 111.8201 {7.XQl 19.cKKI} 6,$00 14,61X)I 120 Total funds 121.692 466.579 1420.149) 17,2921 160.830 13. Commltments The 999 Club and Lady Florence Trust had a capitsl commitments of as at 31 Au8USt 202012019.. £14,464). 14. Related party traYaLt The 999 Club and Lady Flofence Trust has transaction5 Wlth its wholly ¢ontrolle(1 Subsidiary, the Lady Floren Institute. whith have been eliminated on consolidation. These transactions are as follows. The 999 Club and Laty Florence Trust received income from The Lathi FknrerKe Institute as follows: Donations to the 999 aub of £112.{ {2019: £120.oc*)I. The 999 Club and Laty Florence Tnjst dMrged £14.231 12019: £9.7571 to The Lady Florence Institute In relation to staff recharge. The 999 Club relmbursed The Lady Florence Institute £12.866 in relatbon to property maintenance paid for by The Lady Floren Institute. At 31 August 2020 there was £48.20712019: £31.0721 owed by the Lady Floren Instr(ute to the 999 Club and La(ty Floren Trust. No guarantees have been 8iven or rec•ved. Pagt 30
The 999 Club and Lady Norence Trust Notes to the fifianclal statements For the year ended 31 AuBUSt 2020 15. Re¢ortdltstlon of net lnc0mellexpdItsre1 to net(ash Ilty* from opuatln8 attl¥ttles 2020 2019 Net lexpendityrellin¢•me fr•r the per¥)d las perthe statement of flnandal actl¥lts) 612,823 144.710 Adjustments for.. Oepre¢iatyon charges Ilrtcrea5e)/decrea5e in debtors Increase/ldecreasel In ttedttors 37.948 166.0271 63.363 35,005 152,9111 36,598 14et cash provlded byllused In) opevadn8 attl¥ltl 6U.107 163A02 16. Analysls of cash and ush equl¥aleftts 2020 2019 Cash in hand 1.037,460 407.915 Totsi and $b equ5valents LOY7M60 407,915 Page31
The 999 Club and Lady Norence Tntst Notes to the financlal statements For the year end¢d 31 Auzust 2020 17. Comparatfve Infomiation Total X119 funds funds In¢ome frtyn: . Donations and gifts 3S3.798 466,579 820.377 Other tradlng actitIes. Rental Income 254,726 254,725 Total Income 608.524 466,579 L075.103 Expendlture Raislng fvnds 77.083 77,083 Charitable artivities 413.161 440.149 853,310 Total expendllure 4.244 440.149 930,393 Net {expenditurellln¢ome for the year 118.280 26.430 144.710 Transfers bètween funds 7.292 17.2921 Net incomel1expenthuI forthe year 125,572 19.138 144.710 Pay 32