Registered Charity No. 1095284 Company No. 04479636
…………………………………………………………………………………………………………………………………………………
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
…………………………………………………………………………………………………………………………………………………
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED JULY 31st 2023
…………………………………………………………………………………………………………………………………………………
1
CONTENTS
Page Number Reference and administrative details of the charity, its trustees and advisers 3 Trustees’ Report 4-8 Independent Examiner’s Report 9 Statement of Financial Activities 10 Balance Sheet 11 Notes to the Financial Statements 12-19
2
ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS August 2022 – July 2023
Directors/Trustees: A. Lusher (Chair) S. M. Gay (Secretary) – resigned 31 March 2023 M. J. Graham Dr. S. Taplin D. Wells - resigned 02 June 2023 M. Cary P Holmes – appointed 06 June 2023
Registered Company No: 04479636 Registered Charity No: 1095284 Registered Office: 6 Laundry Close Thorpe St. Andrew Norwich NR7 0XH
Independent Examiner: Andrew Rose 9 Turner Close Wymondham NR18 0NP
3
TRUSTEES’ REPORT - YEAR ENDING 31[ST] JULY 2023
The Trustees, who are also Directors of the Charity for the purposes of the Companies Act, present their Annual Report and financial statements for the year ended 31st July 2023.
The Board of Trustees are satisfied with the performance of the charity during the year and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.
STRUCTURE, GOVERNANCE & MANAGEMENT
a. CONSTITUTION
The Charity is a charitable company limited by guarantee. It was incorporated on 8th July 2002 as The House of Genesis. Registered No. 04479636.
The Company is registered with the Charity Commission, registration no. 1095284. The Company’s governing instruments are Memorandum and Articles of Association. The Trustees/Directors are shown on page 3 of this report.
b. APPOINTMENT OF TRUSTEES
In seeking new members of the Board of Trustees, the experience and qualifications of possible candidates and other interested parties are borne in mind, to ensure the best governance for the charity. The successful candidates are elected by existing trustees. The maximum number of trustees is twelve and the minimum is three, with five currently in post.
c. ORGANISATIONAL STRUCTURE
The day-to-day work of the Charity is currently staffed by one full-time employee, three part-time employees, one finance officer working on a contractual basis and with specialist support from Trustees and volunteers.
The Charity has operated from up to five properties, during this year: 6 Laundry Close, 3 St Williams Way, 8 Pilling Park Road, 52 Newbegin Road and 82 St James Close all of which are on the east side of Norwich. The properties at Laundry Close and St Williams Way are owned by the charity, with HSBC mortgages and the remaining properties are rented from Norwich City Council under the private sector leasing scheme.
The Trustees are committed to ensuring the appropriate management structure is in place to maintain the quality and success of the service.
d. GOVERNANCE AND RISK MANAGEMENT
The Trustees are committed to a regular review of the strategic, business and operational risks which the Charity faces, with a view to ensuring that appropriate systems and procedures are in place to minimise the identified risks. There is an up to date risk register included in the Business Plan, which is subject to regular review. Trustees also conducted a review of critical issues using the “15 questions” designed by the Charity Commission for that purpose.
e. PUBLIC BENEFIT
In planning the activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission in December 2008.
4
OBJECTIVES AND ACTIVITIES
a. POLICIES AND OBJECTIVES
The objects of the Company are to:
-
promote for the benefit of the public, the rehabilitation of the homeless and ex-prisoners, and to relieve poverty by the provision of accommodation, support and advice
-
advance religion for the benefit of the public in such a way that its message becomes accessible and comprehensible to those whom the Company seeks to assist.
b. ACTIVITIES FOR ACHIEVING OBJECTIVES
Having lost the use of two rented properties, the work of the charity is now based within three houses where new and existing residents are welcomed and offered support, care, guidance and supervision. The Charity can now accommodate and support up to 13 men. The men are helped to address issues in their lives that may have previously led to difficulties or failures. Life skills are regularly reviewed with residents and they are encouraged to find employment, training or voluntary work in the community.
As their stay lengthens and positive self-confidence is developed, the men are encouraged to register for their own accommodation, as appropriate to each individual. The aim is that their stay at Genesis should not normally exceed one year, but the average stay is in fact around eighteen months. Many will return to visit after they have moved on. Sometimes they are seeking support, but more often are keen to demonstrate the positive progress they have made.
In common with many charities, The House of Genesis is funded through grants, fees and annual contracts. The Charity continues to seek more long-term funding.
c. VOLUNTEERS
The Charity is grateful for the support given by volunteers over the year, including in particular the services of a Chaplain, who makes his services available to all residents weekly.
ACHIEVEMENTS AND PERFORMANCE
a. COVID-19
Although the impact of Covid-19 has lessened during the year, the charity has remained vigilant to reduce the risk of disease in all of the properties.
-
A range of Personal Protective Equipment is available, some of medical standard, for use by staff and residents.
-
Sanitising products have been provided and maintained at all properties.
-
Staff have regularly reminded residents of the need to stay alert and posters have been put in place to reinforce this message
All remain vigilant and we are thankful that the work of the Charity, although made more difficult by the pandemic, has been able to continue and men are still being housed and supported in accordance with the Charitable objects.
5
b. REVIEW OF ACTIVITIES
The House of Genesis has continued to operate in a positive and stable manner, save for the disruption described above caused by the Coronavirus. The Board of Trustees has met quarterly, with additional meetings when required for operational reasons, and are pleased to be able to sustain the provision that Genesis is able to offer to 13 men at any one time. These are all men who have been discharged from prison or who come to us from a homeless situation.
-
Accommodation
-
In September 2022 the property at Pilling Park Road was handed back to the council leaving the Charity with 4 properties, accommodating and supporting up to 15 men.
-
In March 2023. the landlord gave notice to the charity to vacate the property St James Close, leaving the Charity with 3 properties and able to support and accommodate 13 men.
-
The Charity is actively seeking an additional property to rent.
-
Regular redecoration and refurbishment is carried out, usually when rooms become vacant to maintain a good standard of accommodation.
-
A Health and Safety audit of all properties has been carried out, which also covered fire risk and an asbestos survey. The work required has been carried out in all properties, but Health and Safety remains a regular topic at board meetings and in one-to-one discussions with the General Manager
Staff and Trustees
-
Staffing now consists of a full-time General Manager and three part-time support workers.
-
In addition, a Finance Officer works for the Charity on a contract basis.
-
Staffing is maintained at the appropriate level. The present staff provide cover on the premises during day time and occasional evening hours with on-call support at all other times.
-
A volunteer chaplain offers his services regularly to all residents, which is very much appreciated by some.
-
The Charity now has five trustees with a variety of skills appropriate to the needs of the charity. Trustees are seeking additional members of the board.
Residents
-
Referrals continue to come in on a regular basis and every vacancy has several applicants.
-
Occupancy rates are closely monitored with a target of 90%, which is regularly exceeded.
-
Whilst not all residents find that they are able to manage themselves with the support provided, most move on after a period with us and take up successful lives in the community.
-
Finance
-
The financial situation remains stable and income covers expenditure. The Business Plan and budget for the next year looks to increase the number of men we can accommodate and support, whilst maintain the present stability.
6
Projects
-
To ensure regular review of all policies contained within the Charity’s “Staff Handbook” some are reviewed at each meeting of the board and amended or updated as necessary.
-
One of the trustees took the lead in bringing professional and expert help to ensure the project meets all requirements of Health and Safety regulation and legislation. Trustees have committed to financing requirements.
-
The General Manager and Trustees have been developing contacts with relevant local organisations. Training courses have been shared with one organisation and referrals for residents have been obtained from another – both examples of the benefits of networking.
-
The Charity’s web-site has been regularly reviewed and updated.
c. FUNDRAISING
The charity is sustainably funded. Fundraising is actively pursued for major items outside of normal running costs.
d. RESERVES POLICY
The trustees aim to maintain a minimum of £50,000 as unrestricted reserves, which is held at HSBC plc. The calculation to ascertain the level of reserves and situations where they may be used is detailed in Section A7 of the Staff Handbook.
e. SERIOUS INCIDENT
There have been no serious incidents during the year reported to the Charity Commission.
f. SIGNIFICANT EVENTS SINCE THE YEAR END
Significant damage was caused to one of the properties by a water leak, causing part of a downstairs ceiling to collapse and ruining flooring and decoration. The total cost has been covered by insurance and repairs are almost completed at the time of writing.
7
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and regulations.
Company and charity law require the trustees to prepare financial statements for each financial year. Under that law the trustees have chosen to prepare the financial statements in accordance with the U.K. Generally Accepted Accounting Practice. The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities Statement of Recommended Practice (SORP);
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make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice; Accounting and Reporting by Charities (issued March 2005) and in accord with the special provisions of Part VII of the Companies Act 2006 relating to small entities. It was approved by the trustees and signed on their behalf by:
Alan Lusher
……………………………………. Alan Lusher, Chair of the Trustees.
Date: 16 April 2024
8
Report to the Trustees of The House of Genesls (A company Ilmfted by luarantee and a registered dr) Charlty number 1095284 Company number 04479636 On accounts for the year ended 31 July 2023 I report to the trustees on my examlnatlon of the accounts of the above charity for the year ended 31 July 2023 Responslbllttles and basls ol report As the charlty tru5tees• you are responsible for the preparation of the accounts In accordance wlth the requirements of the Charities Act 2011 ("the Act"), you consider an audit is not required under section 144 of the Act and that an Independent examination is needed. I report in respert of my examinatlon of the ChariVs accounts carried out under section 145 of the 2011 Act and in carrylng out my examlnation, I have followed the applicable Direction5 given by the Charity Commlssion under section 14515)Ibl of the Att. Independent Ex*mln•rfs stst•m•nt My examlnatlon was carried out in accordance with 8eneral directions given by the Charity Commission. The report Is Ilmited to the matters set out in the statement below. I have completed my eJ(amination. I confirm that no material rnatters have come to my attention In connectlon with the examination which 8ives me cause to belleve that in, any material respect: Accountlng records were not kept in accordance wlth sectlon 130 of the Act or The accounts do not accord with the accountln8 records I have no concerns and have come across no other rnatters in connectlon with the examination to which attention should be drawn in orderto enable a proper understandin8 of the accounts to be reached. Andrew Rose 8 April 2024 9 Tumer Close Wymondham Norfolk NR18 ONP
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating income and expenditure account)
FOR YEAR ENDED 31st JULY 2023
| Note INCOMING RESOURCES Incoming Resources from Generated Funds Voluntary Income 1 Investment Income 2 Incoming Resources from Charitable Activities 3 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable Activities 4&5 Governance Costs 6 TOTAL RESOURCES EXPENDED NET INCOME (EXPENDITURE) BEFORE TRANSFERS Transfers between Funds NET MOVEMENT IN FUNDS FOR THE YEAR Total Funds at 1st August 2022 TOTAL FUNDS AT 31st JULY 2023 |
Restricted Funds 2023 £ 0 0 0 |
Restricted Funds 2023 £ 0 0 0 |
Unrestricted Funds 2023 Total Funds 2023 Total Funds 2022 £ £ £ 186,918 186,918 194,840 650 650 13 15,463 15,463 11,393 |
|
|---|---|---|---|---|
| 0 | 203,031 203,031 206,246 |
|||
| 5,342 0 |
167,109 172,451 165,686 1,598 1,598 4,432 |
|||
| 5,342 | 168,707 174,049 170,118 |
|||
| -5,342 -1,000 |
34,324 28,982 36,128 1,000 0 0 |
|||
| -6,342 7,292 |
35,324 28,982 36,128 452,083 459,375 423,247 |
|||
| 950 | 487,407 488,357 459,375 |
The notes on pages 12 to 19 form part of these financial statements.
10
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
BALANCE SHEET
AS AT 31st JULY 2023
| FIXED ASSETS Tangible Fixed Assets CURRENT ASSETS Cash at Bank and in Hand DEBTORS Amounts Falling Payable Within One Year CREDITORS Amounts Falling Due Within One Year LOANS Amounts Falling Due Within One Year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT ASSETS LONG TERM LOANS CHARITY FUNDS Unrestricted Funds Restricted Funds |
Note 11 12 13 13 14 15 |
2023 £ £ 506,048 107,153 7,636 -5,675 -9,518 99,596 605,644 -117,287 488,357 487,407 950 488,357 |
2023 £ £ 506,048 107,153 7,636 -5,675 -9,518 99,596 605,644 -117,287 488,357 487,407 950 488,357 |
2022 £ £ 512,184 90,912 8,786 -6,253 -10,052 83,393 595,577 -136,202 459,375 452,083 7,292 459,375 |
2022 £ £ 512,184 90,912 8,786 -6,253 -10,052 83,393 595,577 -136,202 459,375 452,083 7,292 459,375 |
|---|---|---|---|---|---|
| 605,644 -117,287 |
595,577 -136,202 |
||||
| 488,357 | 459,375 | ||||
| 487,407 950 |
452,083 7,292 |
||||
| 488,357 | 459,375 |
For the year ended 31st July 2023, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. Responsibilities of the trustees:
(a): The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act. However, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report forms part of this document.
(b): The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved by the trustees on 15 April 2024 and signed on their behalf by
Alan Lusher
Alan Lusher Date: 16 April 2024
The notes on pages 12 to 19 form part of these financial statements.
11
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2023
| 1. VOLUNTARY INCOME Donations Grants Donations Grants 2. INVESTMENT INCOME Interest Income Interest Income |
Restricted Funds 2023 £ 0 0 |
Unrestricted Funds 2023 £ 13,208 173,710 |
Total Funds 2023 £ 13,208 173,710 |
Total Funds 2022 £ 4,319 190,521 |
|
|---|---|---|---|---|---|
| 0 | 186,918 | 186,918 | 194,840 | ||
| Restricted Funds 2022 £ 1,000 0 |
Unrestricted Funds 2022 £ 3,319 190,521 |
Total Funds 2022 £ 4,319 190,521 194,840 Total Funds 2023 £ |
Total Funds 2022 £ |
||
| 1,000 | 193,840 | ||||
| Restricted Funds 2023 £ |
Unrestricted Funds 2023 £ |
||||
| 0 | 650 | 650 | 13 | ||
| Restricted Funds 2022 £ |
Unrestricted Funds 2022 £ |
Total Funds 2022 £ 13 |
|||
| 0 | 13 |
12
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS
FOR YEAR ENDED 31 JULY 2023
| 3. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Rental Income Rental Income 4. DIRECT COSTS Rent/Mortgage Council Tax Insurance Utilities Household Salaries Rent/Mortgage Council Tax Insurance Utilities Household Salaries |
Restricted Funds 2023 £ |
Unrestricted Funds 2023 £ |
Total Funds 2023 £ |
Total Funds 2022 £ |
||
|---|---|---|---|---|---|---|
| 0 | 15,463 | 15,463 | 11,393 | |||
| Restricted Funds 2022 £ |
Unrestricted Funds 2022 £ |
Total Costs 2022 £ 33,316 6,083 2,891 19,590 16,379 34,481 |
||||
| 0 | 11,393 | |||||
| Restricted Costs 2023 £ 0 0 0 0 5,292 0 |
Unrestricted Costs 2023 £ 24,570 4,558 3,089 17,282 20,574 35,836 |
|||||
| 5,292 | 105,909 | 111,201 | 112,740 | |||
| Restricted Costs 2022 £ 0 0 0 0 710 0 |
Unrestricted Costs 2022 £ 33,316 6,083 2,891 19,590 15,669 34,481 |
Total Costs 2022 £ 33,316 6,083 2,891 19,590 16,379 34,481 112,740 |
||||
| 710 | 112,030 |
13
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2023
| 5. SUPPORT COSTS Motor Vehicle Costs Office Costs Other Costs Salaries Depreciation |
Restricted Costs 2023 £ 0 0 50 0 0 |
Unrestricted Costs 2023 £ 3,943 1,251 2,918 42,069 11,019 |
Total Costs 2023 £ 3,943 1,251 2,968 42,069 11,019 |
Total Costs 2023 £ 3,943 1,251 2,968 42,069 11,019 |
Total Costs 2022 £ 2,748 1,531 1,069 37,355 10,243 |
|
|---|---|---|---|---|---|---|
| 50 | 61,200 | 61,250 | 52,946 |
| Motor Vehicle Costs Office Costs Other Costs Salaries Depreciation 6. GOVERNANCE COSTS Legal and Professional Legal and Professional |
Restricted Costs 2022 £ 0 0 0 0 0 |
Unrestricted Costs 2022 £ 2,748 1,531 1,069 37,355 10,243 |
Total Costs 2022 £ 2,748 1,531 1,069 37,355 10,243 52,946 Total Costs 2023 £ |
Total Costs 2022 £ 2,748 1,531 1,069 37,355 10,243 52,946 Total Costs 2023 £ |
Total Costs 2022 £ |
|
|---|---|---|---|---|---|---|
| 0 | 52,946 | |||||
| Restricted Costs 2023 £ |
Unrestricted Costs 2023 £ |
|||||
| 0 | 1,598 | 1,598 | 4,432 | |||
| Restricted Costs 2022 £ |
Unrestricted Costs 2022 £ |
Total Costs 2022 £ 4,432 |
||||
| 0 | 4,432 |
14
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2023
7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
| General Activities Governance |
Staff Costs 2023 £ 77,905 0 |
Depreciation 2023 £ 11,019 0 |
Depreciation 2023 £ 11,019 0 |
Other Costs 2023 £ 83,527 1,598 |
Other Costs 2023 £ 83,527 1,598 |
Total Costs 2023 £ 172,451 1,598 |
Total Costs 2023 £ 172,451 1,598 |
Total Costs 2022 £ 165,686 4,432 |
|
|---|---|---|---|---|---|---|---|---|---|
| 77,905 | 11,019 | 85,125 | 174,049 |
170,118 |
8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
| General Activities | Direct Costs 2023 £ 111,201 |
Support Costs 2023 £ 61,250 |
Total Costs 2023 £ 172,451 |
Total Costs 2022 £ 165,686 |
|---|---|---|---|---|
15
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS
FOR YEAR ENDED 31 JULY 2023
9. NET INCOME / (EXPENDITURE)
| 9. NET INCOME / (EXPENDITURE) | |||
|---|---|---|---|
| This is stated after charging Depreciation on Tangible Fixed Assets owned by the charity Less Profit on Sale of Motor Vehicle Net Depreciation on Tangible Fixed Assets owned by the charity |
2023 £ 11,519 -500 |
2022 £ 10,243 0 |
|
| 11,019 | 10,243 |
During the year, no trustees received remuneration. (2022 - £0)
During the year, one trustee received a benefit in kind, being a retiring gift totalling £27. (2022 - £0) During the year, one trustee received reimbursement of motor expenses totalling £75. (2022 - £75) During the year, two members of staff received reimbursement of motor expenses totalling £266 (2022 - £40)
During the year, one volunteer received reimbursement of motor expenses totalling £1,138 (2022 - £836) During the year, staff members and trustees attended two meals, totalling £852 (2022 - £0)
| 10. STAFF COSTS Salaries The average monthly number of employees, calculated as full-time equivalents, during the year was as follows: General Manager Support Worker Administration |
2023 £ |
2022 £ |
|
|---|---|---|---|
| 77,905 | 71,836 | ||
| 1.0 1.8 0.2 |
1.0 1.9 0.2 |
||
| 3.0 | 3.1 |
No employee received remuneration amounting to more than £60,000 in either year.
16
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS
FOR YEAR ENDED 31 JULY 2023
| 11. TANGIBLE FIXED ASSETS COST At 1st August 2022 Additions Disposals At 31st July 2023 DEPRECIATION At 1st August 2022 Charge for the year Disposals At 31st July 2023 NET BOOK VALUE At 1st August 2022 At 31st July 2023 |
Land and Buildings £ 588,393 0 0 |
Motor Vehicles £ 2,995 2,500 -2,995 |
Furniture, Fittings and Equipment Total £ £ 5,262 596,650 2,883 5,383 0 -2,995 |
|
|---|---|---|---|---|
| 588,393 | 2,500 | 8,145 599,038 |
||
| 76,209 9,244 0 |
2,995 833 -2,995 |
5,262 84,466 1,442 11,519 0 -2,995 |
||
| 85,453 | 833 | 6,704 92,990 |
||
| 512,184 | 0 | 0 512,184 |
||
| 502,940 | 1,667 | 1,441 506,048 |
During the year, a fully depreciated motor vehicle was disposed of resulting in a profit on sale of £500.
| 12. DEBTORS Trade Debtors |
2023 £ |
2022 £ |
|
|---|---|---|---|
| 7,636 | 8,786 |
17
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS
FOR YEAR ENDED 31 JULY 2023
| 13. CREDITORS: Amounts Falling Due Within One Year Trade Creditors Mortgage - St. Williams Way, Norwich Business Loan 14. LONG TERM LOANS Mortgage - St. Williams Way, Norwich Business Loan |
2023 £ 5,675 2,102 7,416 |
2022 £ 6,253 2,910 7,142 |
|
|---|---|---|---|
| 15,193 | 16,305 | ||
| 2023 £ 88,150 29,137 |
2022 £ 99,599 36,603 |
||
| 117,287 136,202 |
The bank loan is secured by a mortgage on the property.
| 15. STATEMENTS OF FUNDS SUMMARY OF FUNDS Year Ended 2023 Unrestricted Funds Restricted Funds Year Ended 2022 Unrestricted Funds Restricted Funds |
Brought Forward £ 452,083 7,292 |
Incoming Resources £ 203,031 0 |
Resources Expended £ 168,707 5,342 |
Transfers £ 1,000 -1,000 |
Carried Forward £ 487,407 950 |
|
|---|---|---|---|---|---|---|
| 459,375 | 203,031 | 174,049 | 0 | 488,357 | ||
| Brought Forward £ 417,245 6,002 |
Incoming Resources £ 205,246 1,000 |
Resources Expended £ 169,408 710 |
Transfers £ -1,000 1,000 |
Carried Forward £ 452,083 7,292 |
||
| 423,247 | 206,246 | 170,118 | 0 | 459,375 |
18
THE HOUSE OF GENESIS
(A company limited by guarantee and a registered charity)
NOTES TO THE FINANCIAL STATEMENTS
FOR YEAR ENDED 31 JULY 2023
| 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Long Term Loans Current Assets Creditors Due Within One Year Loans Due Within One Year Debtors Due Within One Year |
Restricted Funds 2023 £ 0 0 950 0 0 0 |
Unrestricted Funds 2023 £ 506,048 -117,287 106,203 -5,675 -9,518 7,636 |
Total Funds 2023 Total Funds 2022 £ £ 506,048 512,184 -117,287 -136,202 107,153 90,912 -5,675 -6,253 -9,518 -10,052 7,636 8,786 |
|
|---|---|---|---|---|
| 950 | 487,407 | 488,357 459,375 |
| Tangible Fixed Assets Long Term Loans Current Assets Creditors Due Within One Year Loans Due Within One Year Debtors Due Within One Year |
Restricted Funds 2022 £ 0 0 7,292 0 0 0 |
Unrestricted Funds 2022 £ 512,184 -136,202 83,620 -6,253 -10,052 8,786 |
Total Funds 2022 £ 512,184 -136,202 90,912 -6,253 -10,052 8,786 |
|
|---|---|---|---|---|
| 7,292 | 452,083 | 459,375 |
17. CONTINGENT LIABILITIES
There are no contingent liabilities that need noting.
19