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2022-03-31-accounts

Page
Legal and administrative Information
Directors' report (incorporating the Trustees' annual report) 2-9
Independent
examiner's
report 10
Statement offinancial activities
Balance sheet 12
Notes to the accounts 13 - 17

Individuals/Families
Su ported
Self Help Bespoke Support Packs 31
Family Book Start Packs - August, December 47
Food Parcels 25

Unrestricted Restricted 2022 Unrestricted Restricted 2021
funds funds Total funds funds Total
Notes f f f E f f
Income from:
Grants and donations 2 1,209 106,609 107,818 7,868 174,294 182,162
Charitable
activities
3 38,074 13 38,087 14,153 67 14,220
Investment
income - bank interest
13 13 89 89
Total Income 39,296 106,622 145,918 22,110 174,361 196,471
Expenditure
on:
Charitable
activities
4 44,704 128,358 173,062 10,987 133,686 144,673
Total expenditure 44,704 128,358 17')62 10,987 133,686 144,673
Net income/(expenditure) (5,408) (21,736) (27,144) 11,123 40,675 51,798
Transfer between funds 11 1,750 (1,750) (1,910) 1,910
Net movement
in funds
(3,658) (23,486) [27,144) 9,213 42,585 51,798
Reconciliation
offunds:
Total funds brought forward 91,796 561,521 653,317 82,583 518,936 601,519
Total funds carried forward 88,133 538335 626,173 91.796 561,521 658,317

2022 2021
Notes 6 F.
Fixed assets
Tangible assets 459,285 469,550
Current assets
Debtors 7,994 1,858
Cash at bank and in hand 171,782 196,414
Total current assets 179,776 198,272
Creditors: amounts falling due within one year 10 (12,888) (14,505)
Net current assets 166,888 183,767
Total assets less current liabilities 626,173 653,317
Creditors: amounts falling due after one year
Total net assets 626,173 653,317
Represented By
FUNDS
Restricted funds 538,035 561,521
Unrestricted funds 88,138 91,796
Total charity funds 12 626,176 656,~17
1 Accounting
Pogcies
(a) Basis ofpreparation
Foxhig Forum
Limited
is a charaable
company
in
the United Kingdom limited
by
guarantee.
In
the event that the charity is wound up the liabigty m respect of the
guarantee
is limited to E1per trustee ofthe charity.
The address ofthe registered
office is given in the company
mformation on page 1ofthese financial statements.
The financial statements
have been prepared
in accordance with
the Statement ofRecommended
Practice: Accounting
and
Reporting by Charities preparing their accounts
m accordance the Financial
Reporting Standard
applicable
in the UK
and Repubhc of Ireland (FRS 102)(second edition), the Financial Reporting Standard applicable in the
United
Kingdom
and
Republic
of Ireland
(FRS102) and with the Charities
Act 2011. The financial
statements have taken advantage of the exemption to prepare a
Statement
of Cash Flows.
The charity meets the definition
of a public banefa
entny as defined under FRS102. The financial statements are presented in sterling which is the functional currency of
the charity and are rounded to the nearest E1.
(b) income
income
is recognised
in the SOFA when the charny
has entitlement to the funds,
any performance
conditions attached to the monies have been met, the receipt of the
income
is probable
and ns amount
can be reliably measured.
Voluntary
income recawed by way ofdonations
and
gifts are included in full in the Statement
of Financial
Activities
when receivable.
Donated services and facigtates are included atthe value to the charity where this can be quantified. The value ofservices provided by volunteers has not been included in
these accounts.
Income from local government
and other grants
is recognised
when
the charity
has entitlement
tothe funds, any
performance conditions attached tothe grants have been
met, it is probable that the income
will be received
and the amount can be measured reliably
and is
not deferred.
Investment
income
is included when receivable.
(c) Expenditure
end gebigtles
Expenditure
is recognised
where there
is a legal or constructive
obligation
to pay
a third
party,
it
is probable that settlement will be required
and the
amount of the
obligation
can be reliably measured.
Ag expenditure
is reported gross ofirrecoverable VAT.
Charitable
expenditure
comprises
those costs incurred
by the chafiity
in the delivery
of its activities and services for ris beneficiaries. It includes both costs that can be
allocated directly to those services and those costs of an indirect nature necessary to support them.
Governance
costs comprises those costs associated
with meeting the constitutional and statutory requirements ofthe charxy and include the independent examination
fees and costs knked to the strategic management
ofthe charity.
(d) Tangiblefixed
assets
Tangible assets are stated at cost (or deemed
cost) less accumulated
depreciation
and accumulated impairment losses. Cost includes the orlgmal purchase price, costs
directly attributable
to bringing the asset to its working condnion
for its intended
use,
dismantling
and
restoration costs.
Land and buildings
include the leasehold
premises
used by the charity. Land and buildings
are stated
at cost less accumulated depreciation and accumulated Impairment
tosses.
Plant and machinery
and fixture
fittings
tools and
equipment
are stated at cost less
accumulated
depreciabon
and accumulated impairment losses.
Any assets purchased
below ESCD are written offat the time of
purchase.
Depreciation
is provided
at rates calculated to write off cost ofthose assets, less their residual
value, aver their expected useful lives on the fog owing basis:
Land and buildings 2ISoii cost
Fixtures, fittings and equipment 23%-33Mon cost
(e) Trade debtors
Trade debtors are amounts
due from customers for
services performed in the ordinary coume ofbusiness.
Trade debtors are recognised
initially at the transaction
price. They
are subsequently measured
at
amortised cost using the effective interest method,
less provision
for
impairment.
A provision for the impairment
oftrade debtors
is
estabgs had when there is objeitlve evidence that the company will not be able to collect afi amounts due
according to the original terms of receivables.
(f) Cash end cash equivalents
Cash and cash equivalents
comprise cash on hand
and call deposits,
and other short term highly
liquid investments
that are readily convertible to a known amount of cash
and are subject to an Insignificant
risk ofchange
in value.
(3) Trade creditors
Trade creditors are obligations to pay for goods or servxes that have been acquired in the ordinary course of busmess from suppliers. Accounts
payable
are classified as
current
liabilities
ifthe company
does not have an
unconditional right, at the and ofthe reporting period, to defer settlement of the creditor for at least twelve morrths
after the reporting
date. If there
is an unconditional
right to defer
settlement
for
at least twelve months
after the reponing
date, they are presented as non current
liabilities.
(h) Fund accountlrw
Unrestricted
funds are donations
and other income receivable
or generated
for the objects of the
organisation without further specified purpose
and
are avagable as
general funds.
Restricted funds are either donations
which the donor has specified
are to be solely used for particular
areas
ofthe charity's work or grant income sought for specified
activities.

Staff costs and numbem 2022 2021
6 E
Salanes 82,431 65,339
Employer's
Nl
7,087 5,347
Employer's
Nl Allowance
(4,000) (4,000)
Employer's
pension
contributions
5,362 ~5267
90,880 71,953
Other employment
costs incleding training
5,442 4,161
~96322 ~76114
No employee
racewed emoluments
of more than E60000 in enh sr year The average number ofemployees was 4 (2021:4).
Fees paid tothe Independentexaminer's organisation
2022 2021
E E
Governance costs Include:
Independent
examination
fee(including prior year underprovision) 804 945
other fees paid to independent examiner's organisation:
Other accountancy
services
150
Other services provided 572
722
Tmstees remuneration and eapenses, end the mst of key management personnel
The trustees were not paid or received any other benefits from employment with the charity in the year (2021:Eng). No trustees were reimbursed expenses during the
year (2021: Enil). No chamy trustee received payment for professional orother services suppged to the charity (2021:Enil).
The key manage ment personnel
were 852748(2021:551037).
of the ch arsy comprise the trustees and the Chief Executive. The total employee benefits ofthe key management personnel of the charity
Tangible fixed assets
Leasehold Fimures
land and Fittings end
bugdlngs equipment Total
4 8 8
Cost
As at 1April 2021
As at31March 2022
499
499
21
21
51,125
51,125
550,346
550,346
Depredation
As at 1April 2021
Charge this period
Asat31March 2022
29,952
~9
39,936
50,844
281
51125
80,796
~10265
91 061
Net book value
Asat M March 2022 ~459 285 - ~459285
As at 31March 2021 ~469 269 281 ~469 550
9 Debtors 2022
E
2021
f
Trade debtors 7,136
Prepayments 858 858
Other debtors 1,000
4 ~SS58
10 Creditors: emauntsfaglng
due wkhln one year
2D22 2021
E f
Trade creditors 4,570 7,409
Social security and taxation 3,028 4,367
Accruab 5,290 2,729
~2888 ~24 505
11 Reslrktad
funds
Balance Balance
b/fwd
f
Income
f
Expenditure
f
Transfer
5
c/fwd
f
BigLottery Fund: Community Befriending Service 28,692 63,788 (54,707) 37,773
The National tottery Community
Sheffis
Fund: Recovering Together 5,709 (5,709)
BBCChildren In Need: Good Grub Project 10,030 (10,030)
BBCChiklren in Need: Active Citizens ofthe Future 2?,082 (15,916) 6,166
BBCChildren
Sheffis
in Need: Covikb19 Booster Grant 1,581 (f581)
Awards for Ag: Fantastic Foxhig 9,995 (51541 (50D) 4,341
Awards for Ag'i Covld-19 support 428 (428)
Cash for Kids: Mission Christmas 2,235 2,235
Big Energy Saving Network 270 (270)
South yorkshire's
Community
Foundations Cov id-19 response 1,327 1,327
South yorkshire's
Community
Foundation: Covld-19 recovery 2,974 (2,974)
Sheffleld
City
Council Housing Community Fund: Diffital Inclusion 2,150 (2,150)
Sheffield City Council: Community covld response 1,608 (1,608)
ICity
Sheffield City
Councg: Commun
hy covid recovery grant
Counclk
Public Health
1112 15,142 (7,920)
(1,112)
7,222
Sheffleld
City
Council: Infrastructure levy 1 2,3NI (2,330)
Sheffield City Council: Infrastrurture levy 2 7,600 (469) 7,131
ICity Counal - ward pot: Boiler replacement 5,172 (5,172)
Sheffield City Counwk
Community
Wellbeing 8Sensory Garden 2A99 2,499
Sheffield City Councg: Digital loan scheme 6,250 6,25D
Sheffield City Council: HAF winter grant (Core Service Grant) 3,625 (810) 2,815
Sheffield City Council: Rise 1,250 (C?50)
SOAR: Dementia
Fund
1,026 (3) 991
92,253 10ii,622 l118,375) (1,750) 78,750
Property
reserve
469,268 (9,983) 459,285
561521 106622 ~228458 ~2,750 ~538035

Restricted funds-continued
Prior yeor comparison Bolance Balance
hffwd Income Expenditure Transfer c/fwd
E E E E 6
Bigcattery Fund: Community Befriending Service 23,040 59,002 (53,350) 28,692
The National lottery Communhy
Fund: Recovering Tageiher
31.393 (25,684) 5,709
BBCChxldren
In Need: Good Grub Pre)act
6,491 9,973 (8,502) 10,0NI
BBCChildren in Need: Active Gtizens ofthe Furore 30,037 (7,955) 22,082
BBCChildren
in Need: Cavld-19 Boaster Grant
7„814 (E233) 1,581
Awardsfor
All: FantmtlcFoxhlll
9,995 9,995
Awardsfor
Agr Covid 19suppon
9,675 (9,247) 428
Coshfar Kids: Mission Christmas 2,660 (425) 2,235
Big Energy Soxing Network
5aurh yerkshrre's
Community
Fo un do lion: Cavid-I9response 5,500
3,476
(5,500)
(2149)
1,327
South Yorkshire's
Cammunily
Foundolronr Covid19 remvery 4,847 (2873) 2,974
Shefjleld Gry Council Housing Comm anny Fund: Uigrtel Inclusion 2150 2150
Sheffield Oty Council: Community covid response 3,5IKI (1,892) 1,608
Sheffield Gty Councih Publrc Health 6,434 (5,322) 1,112
Sheffre)d Qty Council: Infrastructure levy $90il (570) 2330
Smail grants 158 (158)
39,684 174,361 (123,702) 1,910 92,253
Prvperty
reserve
479,252 (9,984) 469,268
SIII993366~274361 ~168 ~920 ~561521
Splk ofnet swats by fund
Unrestricted Restricted 2022 Unrestricted Restricted 2021
Funds Funds Total Funds Funds Total
6 6 6 E E E
Tangible fixed assets 459,285 459,285 147 469,403 469,550
Net current assets 88,138 78,750 166,888 9jha9 92,118 183,767