2021-03-31-accounts - Shekinah Mission (Plymouth) Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					Page
Trustees' annual report (incorporating	the director's		report)
Independent auditor's report to the members
Consolidated statement offinancial activities		(including		income
and expenditure account)					15
Statement offinancial position					16
Consolidated statement offinancial	position				17
Consolidated statement ofcash flows					18
Statement ofcash flows					19
Notes to the financial statements					20

Reference	and administrative	and administrative	and administrative	details
Registered	charity	name		Shekinah Mission (Plymouth)			Limited
Charity registration		number		1097409
Company	registration		number	04687832
Principal office and		registered		Shekinah Mission
office				Bath Street
				Plymouth
				Devon
				PL1 3LT
The trustees
				Dr R Yarwood				(Resigned 3 March 2021)
				Mr A Thomas
				Mr R Morgan
				Mrs M Luckhurst
				Miss C Little
				Mr SCanham
				DrJ Butler
				Rev K Bromage
Company	secretary			Peter Woad
Auditor				Thomas Westcott
				Chartered accountants		8 statutory		auditor
				Plym House
				3 Longbridge	Road
				Marsh Mills
				Plymouth
				PL6 8LT
Bankers				HSBC Bank Pic
				4 Old Town Street
				Plymouth
				Devon
				PL1 1DD

						2021		2020
					Unrestricted	Restricted
				Note	funds f	funds f	Total funds f	Total funds f
Income and endowments
Donations and legacies					471,065		471,065	271,441
Charitable activities					1,093,928	458,894	1,552,822	1,467,578
Other trading activities				6	119,480		119,480	69,982
Investment income				7	233		233	776
Total income					1,684,706	458,894	2,143,600	1,809,777
Expenditure
Expenditure on raising funds:
Costs of raising donations			and
legacies				8	15,156		15,156	19,865
Expenditure on charitable	activities			10	1,490,147	269,885	1,760,032	1,700,153
Operating costs ofShekinah		Trading			91		91	103
Total expenditure					1,505,394	269,885	1,775,279	1,720,121
Net income and net movement			in	funds	179,312	189,009	368,321	89,656
Reconciliation offunds
Total funds brought forward					412,214	742,020	1,154,234	1,064,578
Total funds carried forward					591,526	931,029	1,522,555	1,154,234

				2021	2020
			Note	E
Fixed assets
Tangible fixed assets			15	739,395	761,920
Current assets
Debtors			16	99,239	170,378
Investments			17	2	2
Cash at bank and in	hand			907,253	370,016
				1,006,494	540,396
Creditors: amounts	falling	due within one year	18	215,029	139,867
Provisions			19	15000	15000
Net current assets				776,465	385,529
Total assets less current		liabilities		1,515,860	1,147,449
Net assets				1,515,860	1,147,449
Funds ofthe charity
Restricted funds				931,029	742,020
Unrestricted funds				534,831	405,429
Designated funds				50,000
Total charity funds				1,515,860	1,147,449

				2021	2020
			Note
Fixed assets
Tangible fixed assets			15	739,395	761,920
Current assets
Debtors			16	99,239	170,378
Cash at bank and	in	hand		907,273	370,057
				1,006,512	540,435
Creditors: amounts		falling due within one year	18	208,352	133,121
Provisions			19	15,000	15,000
Net current assets				783,160	392,314
Total assets less	current liabilities			1,522,555	1,154,234
Net assets				1,522,555	1,154,234
Funds ofthe charity
Restricted funds				931,029	742,020
Unrestricted funds				541,526	412,214
Designated funds				50,000
Total charity funds			23	1,522,555	1,154,234

				2021	2020
Cash flows from operating		activities
Net income				365,080	92,897
Adjustments for:
Depreciation oftangible fixed		assets		30,161	33,983
Changesin:
Trade and other	debtors			71,139	(81,451)
Trade and other	creditors			78,472	18,807
Provisions					15,000
Cash generated	from operations			544,852	79,236
Net cash from operating activities				544,852	79,236
Cash flows from investing		activities
Purchase oftangible assets				(7,636)	(2,127)
Net cash used in	investing activities			(7,636)	(2,127)
Cash flows from financing		activities
Proceeds from loans from group undertakings					(108)
Net cash used in	financing activities				(108)
Net increase in	cash and cash equivalents			537,216	77,001
Cash and cash	equivalents	at beginning	ofyear	370,057	293,056
Cash and cash	equivalents	at end ofyear		907,273	370,057

			2021 f	2020
Cash flows from operating	activities
Net income			365,170	93,000
Adjustments for:
Depreciation oftangible fixed	assets		30,161	33,983
Changesin:
Trade and other debtors Trade and other creditors			71,139 78,403	(81,450) 18,704
Provisions				15,000
Cash generated from operations			544,873	79,237
Net cash from operating activities			544,873	79,237
Cash flows from investing	activities
Purchase oftangible assets			(7,636)	(2,127)
Net cash used in investing activities			(7,636)	(2,127)
Cash flows from financing	activities
Proceeds from loans from group undertakings				(108)
Net cash used in financing activities				(108)
Net increase in cash and cash equivalents Cash and cash equivalents at beginning		ofyear	537,237 370,016	77,002 293,014
Cash and cash equivalents	at end ofyear		907,253	370,016

	In the event ofthe company being woun 210per member ofthe company.	In the event ofthe company being woun 210per member ofthe company.	d up, the liability in respect	ofthe guarantee	is limited to
5.	Charitable activities
	2020/2021				Surplus/
			Income	Expenditure	Deficit
			F	F
	Drop in centre Leonard stocks centre		266,744 368,889	(285,963) (330,991)	(19,219) 37,898
	Resolve		183,396	(122,231)	61,165
	Training	8 employability
	Shekinah	grow	60,453	(55,195)	5,258
	Endeavour house		81,493	(79,025)	2,468
	Make amends		301,787	(166,530)	135,257
	Central		378,491	(385,755)	(7,264)
	Housing	first	311,510	(214,070)	97,440
	Painting Shops	and decorating	77,574 113,263	(80,982) (54,447)	(3,408) 58,816
			2,143,600	1,775,189	368,411
	2019/2020				Surplus/
			Income	Expenditure	Deficit
				E	E
	Drop in centre Leonard stocks centre		176,896 363,441	(191,436) (331,945)	(14,540) 31,496
	Training	8 employability	192,979	(170,310)	22,669
	Shekinah	grow	10,040	(53,935)	(43,895)
	Endeavour house		108,109	(95,323)	12,786
	Make amends		236,950	(220,060)	16,890
	Central		311,169	(390,273)	(79,104)
	Housing	first	279,747	(168,789)	110,958
	Tor Hill		1,179	(3,497)	(2,318)
	Painting	and decorating	68,810	(40,916)	27,894
	Shops		60,457	(50,293)	10,164
			1,809,777	1,716,777	93,000

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
				E	f
Fundraising	events	6,217	6,217	11,184	11,184
Shop income		113,263	113,263	58,798	58,798
		119,480	119,480	69,982	69,982

Unrestricted	Funds	Unrestricted	Funds
Funds	2021	Funds	2020
F		f.
233	233	776	776

			Unrestricted	Funds	Unrestricted	Funds
			Funds	2021	Funds	2020
			E		F
Costs	ofraising	funds	15,156	15,156	19,865	19,865

arity shop e	xpen	diture
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021	Funds F	2020 F
Bags, hangers,		labels, branding		62	62	61	61
Wages				41,510	41,510	34,806	34,806
Rent				10,087	10,087	10,304	10,304
Property rates &council tax				126	126	1,430	1,430
Travel &subsistence				14	14	68	68
Electricity				410	410	585	585
Printing, postage &stationery				39	39	33	33
Subscriptions				407	407	398	398
Telephone				1,088	1,088	917	917
Repairs &renewals				273	273	1,219	1,219
Cleaning &	refuse disposal			422	422	425	425
Sundry expenses				9	9	47	47
				54,447	54,447	50,293	50,293
Expenditure	on	charitable	activities	by activity type
				Activities
				undertaken		Totalfunds	Total fund
				directly	Support costs	2021	2020 f
Charitable activity				1,405,909	344,995	1,750,904	1,691,413
Governance	costs				9,128	9,128	8,740
				1,405,909	354,123	1,760,032	1,700,153
Analysis of	support costs
					Analysis of
					support costs
					activity	Total 2021	Total 2020
					F
Staff costs					271,927	271,927	261,802
Communications		and IT			5,384	5,384	5,201
General office					290	290	76
Governance	costs				9,128	9,128	8,740
Light and heat					702	702	1,086
Repairs and	maintenance				3,784	3,784	2,884
Insurance					9,593	9,593	9,289
Motor and travel costs					2,205	2,205	10,303
Legal and professional costs					14,693	14,693	24,859
Telephone					5,074	5,074	4,889
Depreciation					29,825	29,825	33,983
Print, post &	stationery				687	687	1,240
Subscriptions					831	831	585
					354,123	354,123	364,917

Staff costs	Staff costs
The total staff costs and		employee		benefits for		the reporting	period are		analysed as	follows:
									2021		2020
									E
Wages and salaries									1,325,958	1,194,411
Social security costs									94,675		87,557
Employer contributions	to pension			plans					21,029		21,612
									1,441,662	1,303,580
The average head count of employees offull-time equivalent employees during					during the year was the year is analysed		75 as	(2020: follows:	76).The average		number
									2021		2020
									No.		No.
Management and administration			of charity						6		6
Charitable activities									69		70
									75		76

		Short
	Freehold	leasehold	Plant and	Motor
	property	property F	machinery	vehicles	Total f
Cost
At 1 April 2020	969,827	7,486	98,111	6,803	1,082,227
Additions			7,636		7,636
At 31 INarch 2021	969,827	7,486	105,747	6,803	1,089,863
Depreciation
At 1 April 2020	242,112	7,486	66,484	4,225	320,307
Charge for the year	19,397		9,406	1,358	30,161
At 31 INarch 2021	261,509	7,486	75,890	5,583	350,468
Carrying amount
At 31 INarch 2021	708,318		29,857	1,220	739,395
At 31 March 2020	727,715		31,627	2,578	761,920

Tangible fix	ed asset	s - Charity
			Short
		Freehold	leasehold	Plant and	Motor
		property	property	machinery	vehicles	Total
						E
Cost
At 1 April 2020		969,827	7,486	98,111	6,803	1,082,227
Additions				7,636		7,636
At 31 March	2021	969,827	7,486	105,747	6,803	1,089,863
Depreciation
At 1 April 2020		242,112	7,486	66,484	4,225	320,307
Charge for the year		19,397		9,406	1,358	30,161
At 31Ilarch	2021	261,509	7,486	75,890	5,583	350,468
Carrying amount
At 31 March	2021	708,318		29,857	1,220	739,395
At 31 March	2020	727,715		31,627	2,578	761,920
Debtors
				Group	Charity
			2021	2020	2021	2020
				F		E
Trade debtors			38,838	124,615	38,838	124,615
Prepayments	and accrued income		35,017	26,568	35,017	26,568
Other debtors			25,384	19,195	25,384	19,195
			99,239	170,378	99,239	170,378
Investments
					2021	2020
Investments	in group	undertakings				2
Creditors: amounts		falling due within one	year
			Group		Charity
			2021	2020	2021	2020
						E
Trade creditors			32,289	20,630	32,289	20,630
Amounts owed to group undertakings					7,234	7,297
Accruals and	deferred	income	76,520	67,103	75,963	66,552
Social security and other taxes			38,913	28,117	38,913	28,117
Other creditors			60,630	14,030	60,630	14,030
			208,352	129,880	215,029	136,626

					2021	2020
						F
	Dilapidation		provision		15,000	15,000
	Total				15,000	15,000
20.	Deferred	income
					2021	2020
						F
	At 1 April	2020			55,392	22,610
	Amount	released		to income	875,093	(678,495)
	Amount	deferred		in year	(875,721)	711,277
	At 31 March		2021		54,764	55,392

		At				At
		1 April				31 March
		2020	Income	Expenditure	Transfers	2021
		F
General funds		412,214	1,684,706	(1,505,394)	(50,000)	541,526
Designated	funds				50,000	50,000
		412,214	1,684,706	(1,505,394)		591,526
						At
		At				31 March
		1 April 2019	Income	Expenditure	Transfers	2020
		F		F	F	F
General funds		386,946	1,501,939	(1,476,671)		412,214
Designated	funds
		386,946	1,501,939	(1,476,671)		412,214

							At
			At				31 March
			1 April 2020	Income	Expenditure	Transfers	2021
				F	F		F
Capital items			643,804		(29,888)		613,916
Other restricted	funds
Housing first			98,216	271,559	(174,297)		195,478
Church Revitalisation			Trusl	24,500	(24,500)
Coronavirus Community
Support Fund				41,200	(41,200)
Restorative Justice				121,635			121,635
			742,020	458,894	(269,885)		931,029
							At
			At				31 March
			1 April 2019	Income	Expenditure	Transfers	2020
			F	F
Capital items			674,632		(30,828)		643,804
Other restricted	funds		3,000		(3,000)
Housing first				189,083	(144,351)		44,732
Rapid rehousing	pathway			47,255	(47,255)
Rough sleeping	initiative			71,500	(18,016)		53,484
			677,632	307,838	(243,450)		742,020
Analysis ofnet	assets between funds
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021 f
Tangible fixed assets					125,479	613,916	739,395
Current assets					689,399	317,113	1,006,512
Creditors less than		1	year		(208,352)		(208,352)
Creditors greater	than		1 year		(15,000)		(15,000)
Net assets					591,526	931,029	1,522,555
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
							F
Tangible fixed assets					118,116	643,804	761,920
Current assets					442,219	98,216	540,435
Creditors less than		1	year		(129,880)		(129,880)
Creditors greater	than		1 year		(15,000)		(15,000)
Net assets					415,455	742,020	1,157,475

	The carrying amount	The carrying amount	for each	category of	financial	financial	instrument	instrument	is	as follows:	as follows:
												2021	2020
													F
	Financial	assets that are debt instruments				measured		at	amortised		cost
	Financial	assets that	are debt	instruments	measured		at amortised
	cost											64,222	143,810
												2021	2020
													F
	Financial	liabilities	measured at amortised			cost
	Financial	liabilities measured		at amortised	cost						176,063		183,483
25.	Analysis	ofchanges	in net	debt
													At
							At 1 Apr 2020				Cash	flows	31 Mar 2021
												F-	E
	Cash at bank and in		hand					370,057			537,216		907,273
	Debt due	within one year							(7,297)			63	(7,234)
	Current asset investments									2			2
								362,762			537,279		900,041

Operating	lea	se commit	ments
The total	future	minimum	lease payments	under non-cancellable	operating	leases are	as follows:
						2021	2020
							E
Not later than		1 year				5,901	4,850
Later than	1 year and not		later than 5years			43,131	44,183
Later than	5years					19,000	19,000
						68,032	68,033