| Page | |||
|---|---|---|---|
| Report ofthe Trustees | I | to | 9 |
| Independent Examiner's Report |
10 | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | 12 | to | 13 |
| Notes to the Financial Statements | 14 | to | 22 |
| Detailed Statement ofFinancial Activities | 23 | to | 24 |
| 31.3.21 | 31.3.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | 5 | 6 | g | ||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and other |
income | 12443 | 29,639 | 41&982 | 12,105 | ||
| Charitable activities |
|||||||
| VOC | 20,000 | 20,000 | 19,000 | ||||
| Central Bedfordshire | Council | 23,000 | 23,000 | 23,000 | |||
| BigLocal | 31,500 | 31&500 | 51,048 | ||||
| Bedford Charity | 48,750 | 48,750 | 31,250 | ||||
| LLAL | 39&112 | 39,112 | 72,000 | ||||
| Bedford Borough Council | 61,400 | 61,400 | 45,000 | ||||
| Soupfest Funding | 7,500 | ||||||
| Luton Borough Council | 2,210 | ||||||
| Voluntary and Community |
Sector Emergency | ||||||
| Partnership | 9,500 | 9,500 | |||||
| Other activities | 59,639 | 59&639 | 81,474 | ||||
| Investment income |
1,008 | 1,008 | 1,791 | ||||
| Total | 183,140 | 152,751 | 335,891 | 346,378 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 5,285 | 5,285 | 5,285 | ||||
| Charitable activities |
|||||||
| LLAL | 30,000 | ||||||
| Support costs | 156,910 | 130,348 | 287,258 | 361,580 | |||
| Voluntary and Community |
Sector Emergency | ||||||
| Partnership | 9,500 | 9,500 | |||||
| Total | 162,195 | 139,848 | 302,043 | 396,865 | |||
| NET INCOME/(EXPENDITURE) | 20,945 | 12,903 | 33,848 | (50,487) | |||
| RECONCILIATION | OF | FUNDS | |||||
| Total funds brought | fornvard | 289,123 | 67,888 | 357,011 | 407,498 | ||
| TOTAL FUNDS CARRIED FORWARD | 310,068 | 80,791 | 390,859 | 357,011 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | |||||
| CURRENT ASSETS | |||||
| Debtors | 8 | Igi078 | 18,078 | 5,017 | |
| Cash at bank and in hand | 302,901 | 80,791 | 383,692 | 368,787 | |
| 320,979 | 80,791 | 401,770 | 373,804 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
9 | (10,912) | (10,912) | (16,794) | |
| NET CURRENT ASSETS | 310,067 | 80,791 | 390&858 | 357,010 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 310,068 | 80)791 | 390,859 | 357,011 | |
| NET ASSETS | 310,068 | 80,791 | 390,859 | 357,011 | |
| FUNDS | 10 | ||||
| Unrestricted funds |
310,068 | 289,123 | |||
| Restricted funds | 80,791 | 67,888 | |||
| TOTAL Ii'UNDS | 390,859 | 357,011 |
| 31.3.21 | 31.3.20 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Office | and | meeting | room | hire | 59,639 | 59,639 | g1,474 |
| INVES | TMENT | INCOME | ||||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| f, | g | |||||
| Deposit | account | interest | 1,008 | 1,008 | 1,791 |
| The average monthly | number ofem | ployees during the year was as f |
ollows: | ||
|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||
| Administration | 2 | 2 | |||
| Support | 9 | 9 | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVKS | FORTHK STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 6 | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and other |
income | 6,616 | 5,489 | 12,105 | |
| Charitable activities |
|||||
| VOC | 19,000 | 19,000 | |||
| Central Bedfordshire | Council | 23,000 | 23,000 | ||
| Big Local | 51,048 | 51,048 | |||
| Bedford Charity | 31,250 | 31,250 | |||
| LLAL | 72,000 | 72,000 | |||
| Bedford Borough Council | 45,000 | 45,000 | |||
| Soupfest Funding | 7,500 | 7,500 | |||
| Luton Borough Council | 2,210 | 2,210 | |||
| Other activities | 81,474 | 81,474 | |||
| Investment income |
1,791 | 1,791 | |||
| Total | 168,341 | 178,037 | 346,378 | ||
| EXPENDITURE ON | |||||
| Raising funds | 5,285 | 5,285 |
| 6. | COMPARATIVKS FORTHK STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVKS FORTHK STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVKS FORTHK STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVKS FORTHK STATEMENT OFFINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| Charitable activities |
|||||
| LLAL | 30,000 | 30,000 | |||
| Support costs | 174,003 | 187,577 | 361,580 | ||
| Total | 179,288 | 217,577 | 396,865 | ||
| NKT INCOME/(EXPENDITURE) | (10,947) | (39,540) | (50,487) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | fonvard | 300,070 | 107,428 | 407,498 | |
| TOTAL FUNDS CARRIED FORWARD | 289,123 | 67,888 | 357,011 | ||
| 7. | TANGIBLE FIXED | ASSETS | |||
| Fixtures | |||||
| and | |||||
| fittings | |||||
| 6 | |||||
| COST | |||||
| At 1 April 2020 and 31March 2021 | 7,485 | ||||
| DEPRECIATION | |||||
| At 1 April 2020 and 31 March 2021 | 7,484 | ||||
| NKT BOOKVALUE | |||||
| At 31March 2021 | |||||
| At 31March 2020 |
| 8. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONK YEAR | |||
|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||
| g | |||||
| Trade debtors | 17,112 | 4,051 | |||
| Prepayments | 966 | 966 | |||
| 18,078 | 5,017 | ||||
| 9. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR | ||||
| 31.3.21 | 31.3.20 | ||||
| g | |||||
| Trade creditors | 3,351 | 10,733 | |||
| Accruals and | defened income | 5,221 | 3,721 | ||
| Accrued expenses | 2,340 | 2,340 | |||
| 10,912 | 16,794 | ||||
| 10. | MOVEMKNT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/4/20 | in funds | 31/3/21 | |||
| f. | |||||
| Unrestricted | funds | ||||
| General fund | 67,839 | 22,893 | 90,732 | ||
| Designated Funds |
218,351 | 218,351 | |||
| Big Change Luton | 2,126 | (1,948) | 178 | ||
| Coffee Pot | 807 | 807 | |||
| 289,123 | 20,945 | 310,068 | |||
| Restricted funds |
|||||
| BigLocal | 47&414 | (3,998) | 43,416 | ||
| VOC | 27,991 | (2,533) | 25,458 | ||
| Bedfordshire | Advice Forum | 1&897 | 400 | 2,297 | |
| Homeless Partnership |
(20,388) | 19,823 | (565) | ||
| Soupfest | 4&551 | (4,000) | 551 | ||
| Bedford Homeless | 3,204 | 3,413 | 6,617 | ||
| BBOStorage | 3,219 | (202) | 3,017 | ||
| 67,888 | 12,903 | 80,791 | |||
| TOTALFUNDS | 357,011 | 33&848 | 390,859 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 182,482 | (159,589) | 22,893 | |||
| Big Change Luton | 658 | (2,606) | (1,948) | |||
| 183,140 | (162,195) | 20,945 | ||||
| Restricted funds | ||||||
| Big Local | 31,500 | (35,498) | (3,998) | |||
| VOC | 20,000 | (22,533) | (2,533) | |||
| Bedfordshire | Advice Forum | 2,100 | (1,700) | 400 | ||
| Central Bedfordshire | Council | 23,000 | (23500{I) | |||
| LLAL | 39,112 | (39,112) | ||||
| Homeless Partnership |
20446 | (423) | 19,823 | |||
| Soupfest | (4,000) | (4,000) | ||||
| Bedford Homeless | 7,293 | (3,880) | 3,413 | |||
| BBOStorage | (202) | (202) | ||||
| Voluntary and |
Community | Sector | ||||
| Emergency Partnership |
9)500 | (9,500) | ||||
| 152,751 | (139)848) | 12,903 | ||||
| TOTALFUNDS | 335,891 | (302,043) | 331848 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/4/19 | in funds | funds | 31/3/20 | |||
| L | ||||||
| Unrestricted | funds | |||||
| General fund | 68,570 | (13,880) | 13,149 | 67,839 | ||
| Designated | Funds | 231,500 | (13,149) | 218,351 | ||
| BigChange | Luton | 2,126 | 2,126 | |||
| Coffee Pot | 807 | 807 | ||||
| 300,070 | (10,947) | 289,123 | ||||
| Restricted | funds | |||||
| BigLocal | 59,101 | (11,687) | 47,414 | |||
| VOC | 28,418 | (427) | 27,991 | |||
| Bedfordshire | Advice Forum | 3,234 | (1,337) | 1,897 | ||
| Homeless Partnership | 12,044 | (32,432) | (20,388) | |||
| Soupfest | 4,551 | 4,551 | ||||
| Bedford Homeless | 1,212 | 1,992 | 3,204 | |||
| BBOStorage | 3,419 | (200) | 3,219 | |||
| 107,428 | (39,540) | 67,888 | ||||
| TOTALFUNDS | 407,498 | (50,487) | 357,011 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 165,228 | (179,108) | (13,880) | ||
| Big Change Luton Coffee Pot |
2,138 975 |
(12) (168) |
2,126 807 |
||
| 168,341 | (179,288) | (10,947) | |||
| Restricted funds |
|||||
| Big Local | 51,048 | (62,735) | (11,687) | ||
| VOC | 19,000 | (19,427) | (427) | ||
| Bedfordshire | Advice | Forum | 968 | (2,305) | (1,337) |
| Central Bedfordshire | Council | 23,000 | (23,000) | ||
| LLAL | 72,000 | (72,000) | |||
| Homeless Partnership | 105 | (32,537) | (32,432) | ||
| Soupfest | 7,500 | (2,949) | 4,551 | ||
| Bedford Homeless | 4,416 | (2,424) | 1,992 | ||
| BBOStorage | (200) | (200) | |||
| 178,037 | (217,577) | (39,540) | |||
| TOTAL~iDS | 346,378 | (396,865) | (50,487) |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/4/19 | in funds | funds | 31/3/21 | |||
| I | ||||||
| Unrestricted | funds | |||||
| General fund | 68,570 | 9,013 | 13,149 | 90,732 | ||
| Designated | Funds | 231,500 | (13,149) | 218,351 | ||
| Big Change | Luton | 178 | 178 | |||
| Coffee Pot | 807 | 807 | ||||
| 300,070 | 9,998 | 310,068 | ||||
| Restricted | funds | |||||
| BigLocal | 59,101 | (15,685) | 43,416 | |||
| VOC | 28,418 | (2,960) | 25,458 | |||
| Bedfordshire | Advice Forum | 3,234 | (937) | 2,297 | ||
| Homeless Partnership |
12,044 | (12,609) | (565) | |||
| Soupfest | 551 | 551 | ||||
| Bedford Homeless | 1,212 | 5,405 | 6,617 | |||
| BBOStorage | 3,419 | (402) | 3,017 | |||
| 107,428 | (26,637) | 80,791 | ||||
| TOTALFUNDS | 407,498 | (16,639) | 390,859 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| 8 | |||||
| Unrestricted funds |
|||||
| General fund | 347,710 | (338,697) | 9,013 | ||
| Big Change Luton | 2,796 | (2,618) | 178 | ||
| Coffee Pot | 975 | (168) | 807 | ||
| 351,481 | (341,483) | 9,998 | |||
| Restricted funds | |||||
| BigLocal | 82,548 | (98,233) | (15,685) | ||
| VOC | 39,000 | (41,960) | (2,960) | ||
| Bedfordshire Advice |
Forum | 3,068 | (4,005) | (937) | |
| Central Bedfordshire | Council | 46,000 | (46,000) | ||
| LLAL | 111,112 | (111,112) | |||
| Homeless Partnership | 20,351 | (32,960) | (12,609) | ||
| Soupfest | 7,500 | (6,949) | 551 | ||
| Bedford Homeless | 11,709 | (6,304) | 5,405 | ||
| BBOStorage | (402) | (402) | |||
| Voluntary and Community |
Sector | ||||
| Emergency Partne»hip | 9,500 | (9,500) | |||
| 330,788 | (357,425) | (26,637) | |||
| TOTALFUNDS | 682,269 | (698,908) | (16,639) |
| Transfer | Transfer | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Opening | Additional Released |
between | Closing | ||||||
| Designated Funds |
Balance | Resources Resources |
funds | Balance | |||||
| Salaries Reserve | 36,000 | 0 | 2,000 | 38,000 | |||||
| Redundancy Reserve |
79,000 | 0 | 6,000 | 85,000 | |||||
| Premises Reserve | —General | 10,000 | 0 | 0 | 10,000 | ||||
| Premises Reserve | —Capital | ||||||||
| Improvements | 85,032 | 1,860 | 0 | 83,172 | |||||
| Asset Replacement | 8,319 | 0 | 1,681 | 10,000 | |||||
| Total | 218,351 | 0 | 1&860 | 9,681 | 226,17? | ||||
| General Purpose Fund: | Funds to provide cash flow and meet | unforeseen expenses. |
Based on | ||||||
| approximately | three months ofannual turnover. | ||||||||
| Designated Funds: | |||||||||
| Salaries Reserve | Two months | salaries and employers | NI contributions | ||||||
| Redundancy Reserve |
Redundancy | liabilities and required |
notice period | based on | statutory | ||||
| minimum payments |
for all staff | ||||||||
| Premises Reserve - General | 12months running | costs for 43Bromham Road in the event |
ofclosure to | ||||||
| provide security for | existing users and fulfil lease | obligations | |||||||
| Premises Reserve - Capital | Funds to maintain, | repair and improve 43Bromham | Road | as a result of | |||||
| holding a full-repairing lease |
|||||||||
| Asset Replacement | Provision to replace | ITand furniture | as required |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| 8 | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and other income |
||||
| Subscriptions | 795 | 560 | ||
| Other income | 41,187 | 11,545 | ||
| 41,982 | 12,105 | |||
| Other activities | ||||
| Office and meeting | room hire | 59&639 | 81,474 | |
| Investment income |
||||
| Deposit account interest | 1,00& | 1,791 | ||
| Charitable activities |
||||
| Grants | 233,262 | 251,008 | ||
| Total incoming resources |
335,891 | 346,378 | ||
| EXPENDITURE | ||||
| Raising donations Wages |
and | legacies | 5/85 | 5,285 |
| Charitable activities |
||||
| Wages Rent, rates and services |
217,462 16,832 |
231,275 15,350 |
||
| Insurance | 2,328 | 2,367 | ||
| Office costs | 11,642 | 16,659 | ||
| Advertising and promotions Sundries |
1,151 40 |
2,704 107 |
||
| Specific projects Stafftraining |
16,979 74 |
49,535 746 |
||
| Allocation offunds | to Partners | 4,000 | 30,000 | |
| Tmvel | 42 | 2,672 | ||
| Training and events |
12486 | 10,605 | ||
| Legal and professional fees Reference materials and subscriptions |
633 941 |
1,122 1,782 |
||
| Repairs and renewals Premises costs and refurbishments |
3,557 | 14,480 4,876 |
||
| Computer costs |
2,792 | 1,682 | ||
| 290,859 | 385,962 |
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Support costs | |||
| Finance | |||
| Bank charges | 139 | 108 | |
| Governance | costs | ||
| Wages Accountancy |
and legal fees | 3,170 2,590 |
3,170 2,340 |
| 5,760 | 5,510 | ||
| Total resources | expended | 302,043 | 396,865 |
| Net income/(expenditure) | 33,848 | (50,487) |