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||||||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|
##
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|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|||||
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|||||||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|
##
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##
|||||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|
##
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##
|||||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|
##
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##
|||||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|
##
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##
||||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|
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||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|
##
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##
|||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|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|
|Funds||2021|Funds||2020|
|F|||f.|||
|233||233|776||776|
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2021|Funds||2020|
||||E|||F|||
|Costs|ofraising|funds|15,156||15,156|19,865||19,865|
##
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##
|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|
##
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##
|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|
##
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|||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|
##
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##
|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|
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||||||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|
##
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|||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|
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||||||||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|
##
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##
||The carrying
amount|The carrying
amount|for each|category of|financial|financial|instrument|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|
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