| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the director's | report) | |||
| Independent auditor's |
report to the | members | 10 | |||
| Consolidated statement |
offinancial | activities (including | income | |||
| and expenditure account) |
14 | |||||
| Statement offinancial |
position | |||||
| Consolidated statement |
offinancial | position | 16 | |||
| Consolidated statement |
ofcash flows | 17 | ||||
| Statement ofcash flows | 18 | |||||
| Notes to the financial statements | 19 |
| 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 | Mr A Thomas | ||||||||
| Mr R Morgan | |||||||||
| Mrs M Luckhurst | |||||||||
| Miss C Little | |||||||||
| Mr SCanham | |||||||||
| DrJ Butler | |||||||||
| Rev K Bromage | |||||||||
| DrTScotty-Gatty | (Appointed | 10March 2022) | |||||||
| Rev A Farmer | (Appointed | 12 May 2022) | |||||||
| Company | secretary | Peter Woad | |||||||
| Auditor | Thomas Westcott LLP | ||||||||
| Chartered accountants |
&statutory | auditor | |||||||
| Plym House | |||||||||
| 3 Longbridge | Road | ||||||||
| Marsh Mills |
|||||||||
| Plymouth | |||||||||
| PL6 8LT | |||||||||
| Bankers | HSBC Bank Pic | ||||||||
| 4 Old Town Street | |||||||||
| Plymouth | |||||||||
| Devon | |||||||||
| PL1 1DD |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | E | 6 | 6 | |||||
| Income and endowments | ||||||||
| Donations and legacies |
5 | 339,735 | 339,735 | 471,065 | ||||
| Charitable activities |
6 | 506,264 | 781,138 | 1,287,402 | 1,552,822 | |||
| Other trading activities |
7 | 200,949 | 200,949 | 119,480 | ||||
| Investment income |
8 | 106 | 106 | 233 | ||||
| Total income | 1,047,054 | 781,138 | 1,828,192 | 2,143,600 | ||||
| Expenditure | ||||||||
| Expenditure on raising funds: |
||||||||
| Costs of raising donations | and | |||||||
| legacies | 9 | 12,698 | 12,698 | 15,156 | ||||
| Expenditure on charitable |
activities | 11 | 961,594 | 806,282 | 1,767,876 | 1,760,032 | ||
| Operating costs of Shekinah |
Trading | 10 | 150,754 | 150,754 | 91 | |||
| Total expenditure | 1,125,046 | 806,282 | 1,931,328 | 1,775,279 | ||||
| Net (expenditure)/income | (77,992) | (25,144) | (103,136) | 368,321 | ||||
| Transfers between funds |
104,805 | (104,805) | ||||||
| Net movement in funds |
26,813 | (129,949) | (103,136) | 368,321 | ||||
| Reconciliation offunds |
||||||||
| Total funds brought forward | 591,526 | 931,029 | 1,522,555 | 1,154,234 | ||||
| Total funds carried forward | 618,339 | 801,080 | 1,419,419 | 1,522,555 |
| 31 March 2022 | ||||||
|---|---|---|---|---|---|---|
| Note | 2022 8 |
2021 f |
||||
| Fixed assets | ||||||
| Tangible fixed assets | 17 | 720,600 | 739,395 | |||
| Current assets | ||||||
| Debtors | 18 | 90,427 | 99,239 | |||
| Investments | 19 | 2 | 2 | |||
| Cash at bank and | in | hand | 797,707 | 907,253 | ||
| 888,136 | 1,006,494 | |||||
| Creditors: amounts | falling | due within one year | 20 | 211,207 | 215,029 | |
| Provisions | 21 | 35,000 | 15,000 | |||
| Net current assets | 641,929 | 776,465 | ||||
| Total assets less | current | liabilities | 1,362,529 | 1,515,860 | ||
| Net assets | 1,362,529 | 1,515,860 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 801,080 | 931,029 | ||||
| Unrestricted funds |
511,449 | 534,831 | ||||
| Designated funds |
50,000 | 50,000 | ||||
| Total charity funds | 22 | 1,362,529 | 1,515,860 |
| 31 March 2022 | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | 6 | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 23 | 721,731 | 739,395 | |||
| Current assets | ||||||
| Debtors | 24 | 102,472 | 99,239 | |||
| Cash at bank and | in | hand | 802,032 | 907,273 | ||
| 904,504 | 1,006,512 | |||||
| Creditors: amounts | falling | due within one year | 25 | 171,816 | 208,352 | |
| Provisions | 21 | 35,000 | 15,000 | |||
| Net current assets | 697,688 | 783,160 | ||||
| Total assets less | current | liabilities | 1,419,419 | 1,522,555 | ||
| Net assets | 1,419,419 | 1,522,555 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 801,080 | 931,029 | ||||
| Unrestricted funds |
568,339 | 541,526 | ||||
| Designated funds |
50,000 | 50,000 | ||||
| Total charity funds | 24 | 1,419,419 | 1,522,555 |
| Year ended 31 March 2022 | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Cash flows from operating activities |
|||
| Net (expenditure)/income | (103,136) | 368,321 | |
| Adjustments for: |
|||
| Gain/loss on disposal oftangible fixed assets |
13,250 | ||
| Depreciation oftangible fixed assets |
29,439 | 30,161 | |
| Depreciation on disposals |
(11,748) | ||
| Changesin: | |||
| Trade and other debtors | (3,233) | 71,139 | |
| Trade and other creditors | (16,536) | 75,231 | |
| Cash generated from operations |
(91,964) | 544,852 | |
| Net cash (used in)/from operating activities |
(91,964) | 544,852 | |
| Cash flows from investing activities |
|||
| Purchase oftangible assets |
(13,277) | (7,636) | |
| Net cash used in investing activities |
(13,277) | (7,636) | |
| Cash flows from financing activities |
|||
| Proceeds from loans from group undertakings | |||
| Net cash from/(used in) financing activities |
|||
| Net (decrease)/increase in cash and cash |
equivalents | (105,241) | 537,216 |
| Cash and cash equivalents at beginning |
ofyear | 907,273 | 370,057 |
| Cash and cash equivalents at end ofyear |
802,032 | 907,273 |
| Company Limited by Guarantee Statement ofCash Flows Year ended 31 March 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Cash flows from operating activities |
|||
| Net (expenditure)/income | (153,331) | 368,411 | |
| Adjustments for: |
|||
| Gain/loss on disposal oftangible fixed assets |
13,250 | ||
| Depreciation oftangible fixed assets |
29,069 | 30,161 | |
| Accrued (income)/expenses | (11,748) | ||
| Changes/n: | |||
| Trade and other debtors | 8,812 | 71,139 | |
| Trade and other creditors | 16,178 | 75,162 | |
| Cash generated from operations |
(97,770) | 544,873 | |
| Net cash (used in)/from operating activities |
(97,770) | 544,873 | |
| Cash flows from investing activities |
|||
| Purchase oftangible assets |
(11,776) | (7,636) | |
| Net cash used in investing activities |
(11,776) | (7,636) | |
| Cash flows from financing activities |
|||
| Proceeds from loans from group undertakings | |||
| Net cash from/(used in) financing activities |
|||
| Net (decrease)/increase in cash and cash |
equivalents | (109,546) | 537,237 |
| Cash and cash equivalents at beginning |
ofyear | 907,253 | 370,016 |
| Cash and cash equivalents at end ofyear |
797,707 | 907,253 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||
| 6 | E | E | ||||
| Grants | ||||||
| Grants receivable | 117,472 | 117,472 | 224,988 | 224,988 | ||
| 339,735 | 339,735 | 471,065 | 471,065 | |||
| 6. | Charitable | activities |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| F | |||||
| Drop in centre | 268,190 | 268,190 | |||
| Leonard | stocks centre | 305,662 | 305,662 | ||
| Training | &employability | 181,859 | 181,859 | ||
| Shekinah | grow | 3,942 | 3,942 | ||
| Endeavour house |
52,273 | 52,273 | |||
| Make amends | 241,682 | 241,682 | |||
| Other activities | |||||
| Housing | first | 233,794 | 233,794 | ||
| Tor Hill | |||||
| 506,264 | 781,138 | 1,287,402 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| F | F | ||||
| Drop in centre | 266,744 | 266,744 | |||
| Leonard | stocks centre | 314,541 | 41,200 | 355,741 | |
| Training | &employability | 175,094 | 175,094 | ||
| Shekinah | grow | 60,453 | 60,453 | ||
| Endeavour house |
81,493 | 81,493 | |||
| Make amends | 180,152 | 121,635 | 301,787 | ||
| Housing | first | 15,451 | 296,059 | 311,510 | |
| 1,093,928 | 458,894 | 1,552,822 | |||
| Other trading activities | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| E | 8 | F | F | ||
| Fundraising events |
73,816 | 73,816 | 6,217 | 6,217 | |
| Shop income | 120,310 | 120,310 | 113,263 | 113,263 | |
| Coronavirus grant funding |
6,823 | 6,823 | |||
| 200,949 | 200,949 | 119,480 | 119,480 |
| Yea | r ended 31 March 2022 | r ended 31 March 2022 | r ended 31 March 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 8. | Investment income |
||||||||||
| Unrestricted Total Funds Unrestricted |
Total Funds | ||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||
| K | f | E | |||||||||
| Bank interest receivable | 106 | 106 | 233 | 233 | |||||||
| 9. | Costs of raising | donations | and | legacies | |||||||
| Unrestricted Total Funds Unrestricted |
Total Funds | ||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||
| E | F | 6 | |||||||||
| Costs of raising funds | 12,698 | 12,698 | 15,156 | 15,156 | |||||||
| 10. | Shekinah Trading |
expenditure | |||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2022 | Funds | 2021 | ||||||||
| 6 | 5 | ||||||||||
| Purchases | 11,557 | 11,557 | |||||||||
| Bags, hangers, labels, branding |
62 | 62 | |||||||||
| Wages —Charity | shop | 51,280 | 51,280 | 41,510 | 41,510 | ||||||
| Rent | 13,294 | 13,294 | 10,087 | 10,087 | |||||||
| Property rates & | council tax | 662 | 662 | 126 | 126 | ||||||
| Travel &subsistence | 960 | 960 | 14 | 14 | |||||||
| Electricity | 621 | 621 | 410 | 410 | |||||||
| Printing, postage |
&stationery | 35 | 35 | 39 | 39 | ||||||
| Subscriptions | 775 | 775 | 407 | 407 | |||||||
| Telephone | 1,488 | 1,488 | 1,088 | 1,088 | |||||||
| Repairs &renewals |
4,883 | 4,883 | 273 | 273 | |||||||
| Cleaning &refuse |
disposal | 460 | 460 | 422 | 422 | ||||||
| Sundry expenses | 395 | 395 | 9 | 9 | |||||||
| Staff training | 474 | 474 | |||||||||
| Hire ofequipment | 720 | 720 | |||||||||
| Motor expenses | 2,502 | 2,502 | |||||||||
| Legal and professional | 1,923 | 1,923 | |||||||||
| Bank charges | 1,821 | 1,821 | |||||||||
| Depreciation | 370 | 370 | |||||||||
| Wages —Painting | &maintenance | 56,533 | 56,533 | ||||||||
| 150,753 | 150,753 | 54,447 | 54,447 |
| Expenditur | e | on | chari | table | activities by fund type | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| F | f | |||||||
| Charitable | activities | 609,088 | 777,213 | 1,386,301 | ||||
| Support costs | 352,506 | 29,069 | 381,575 | |||||
| 961,594 | 806,282 | 1,767,876 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| F | f | E | ||||||
| Charitable | activities | 1,346,221 | 59,689 | 1,405,909 | ||||
| Support costs | 258,535 | 95,588 | 354,123 | |||||
| 1,604,756 | 155,277 | 1,760,032 | ||||||
| Expenditure | on | charitable | activities by activity type | |||||
| Activities | ||||||||
| undertaken | Total funds | Total fund | ||||||
| directly f |
Support costs 6 |
2022 K |
2021 E |
|||||
| Charitable | activity | 1,386,301 | 381,575 | 1,767,876 | 1,750,904 | |||
| Governance | costs | 9,128 | ||||||
| 1,386,301 | 381,575 | 1,767,876 | 1,760,032 | |||||
| Analysis of | support costs | |||||||
| Analysis of | ||||||||
| support costs | Total 2022 | Total 2021 | ||||||
| 6 | K | E | ||||||
| Staff costs | 241,125 | 241,125 | 271,927 | |||||
| Premises | 348 | 348 | ||||||
| Communications | and | IT | 5,305 | 5,305 | 5,384 | |||
| General office | 93 | 93 | 290 | |||||
| Governance | costs | 21,959 | 21,959 | 9,128 | ||||
| Light and heat | 956 | 956 | 702 | |||||
| Repairs and | maintenance | 35,923 | 35,923 | 3,784 | ||||
| Insurance | 10,214 | 10,214 | 9,593 | |||||
| Motor and travel costs | 3,242 | 3,242 | 2,205 | |||||
| Legal and professional | costs | 23,836 | 23,836 | 14,693 | ||||
| Telephone | 5,038 | 5,038 | 5,074 | |||||
| Depreciation | 29,069 | 29,069 | 29,825 | |||||
| Print, post & | stationery | 631 | 631 | 687 | ||||
| Subscriptions | 1,404 | 1,404 | 831 | |||||
| Interest | 2,432 | 2,432 | ||||||
| 381,575 | 381,575 | 354,123 |
| Net (expendit | ure)/income | is s | tated after chargi | ng/(crediting): | |||
|---|---|---|---|---|---|---|---|
| Group | Charity | ||||||
| 2022 | 2021 | 2022 | 2021 | ||||
| E | 6 | f | |||||
| Depreciation | oftangible | fixed | assets | 29,439 | 30,161 | 29,069 | 30,161 |
| Staffcos | ts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2022 | 2021 | ||||
| Wages and salaries | 1,262,480 | 1,338,936 | |||
| Social security costs | 97,877 | 94,675 | |||
| Employer | contributions | to pension | plans | 22,040 | 21,029 |
| 1,382,397 | 1,454,640 |
| Short | ||||||
|---|---|---|---|---|---|---|
| Freehold | leasehold | Plant and | Motor | |||
| property | property | machinery | vehicles | Total | ||
| r | F | |||||
| Cost | ||||||
| At 1 April | 2021 | 969,827 | 7,486 | 105,747 | 6,803 | 1,089,863 |
| Additions | 5,129 | 6,929 | 1,219 | 13,277 | ||
| Disposals | (7,486) | (331) | (5,433) | (13,250) | ||
| At 31 March 2022 | 974,956 | 112,345 | 2,589 | 1,089,890 | ||
| Depreciation | ||||||
| At 1 April | 2021 | 261,509 | 7,486 | 75,890 | 5,583 | 350,468 |
| Charge for the year | 19,423 | 9,711 | 305 | 29,439 | ||
| Disposals | (7,486) | (49) | (4,21 3) | (11,748) | ||
| At 31 March 2022 | 280,932 | 85,552 | 1,675 | 368,159 | ||
| Carrying | amount | |||||
| At 31 March 2022 | 694,024 | 26,793 | 914 | 721,731 | ||
| At 31 March 2021 | 708,318 | 29,857 | 1,220 | 739,395 |
| Short | ||||||
|---|---|---|---|---|---|---|
| Freehold | leasehold | Plant and | Motor | |||
| property | property | machinery | vehicles | Total | ||
| E | 6 | r | ||||
| Cost | ||||||
| At 1 April | 2021 | 969,827 | 7,486 | 105,747 | 6,803 | 1,089,863 |
| Additions | 5,129 | 6,647 | 11,776 | |||
| Disposals | (7,486) | (331) | (5,433) | (13,250) | ||
| At 31 INarch 2022 | 974,956 | 112,063 | 1,370 | 1,088,389 | ||
| Depreciation | ||||||
| At 1 April | 2021 | 261,509 | 7,486 | 75,890 | 5,583 | 350,468 |
| Charge for the year | 19,423 | 9,646 | 29,069 | |||
| Disposals | (7,486) | (49) | (4,213) | (11,748) | ||
| At 31 March 2022 | 280,932 | 85,487 | 1,370 | 367,789 | ||
| Carrying | amount | |||||
| At 31 March 2022 | 694,024 | 26,576 | 720,600 | |||
| At 31 March 2021 | 708,318 | 29,857 | 1,220 | 739,395 |
| Group | Charity | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| K | K | f | |||
| Trade debtors | 36,349 | 38,838 | 35,809 | 38,838 | |
| Prepayments | and accrued income | 50,249 | 35,017 | 50,249 | 35,017 |
| Other debtors | 15,874 | 25,384 | 4,369 | 25,384 | |
| 102,472 | 99,239 | 90,427 | 99,239 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| R | E | |||||
| Investments | in | group | undertakings | 2 | 2 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||
| E | ||||||
| Trade creditors | 23,719 | 32,296 | 21,350 | 32,289 | ||
| Amounts | owed to group undertakings | 45,787 | 7,234 | |||
| Accruals | and deferred | income | 64,027 | 76,513 | 62,676 | 75,963 |
| Social security and other taxes | 31,096 | 38,913 | 29,420 | 38,913 | ||
| Other creditors | 52,974 | 60,630 | 51,974 | 60,630 | ||
| 171,816 | 208,352 | 211,207 | 215,029 |
| Provisions | |||
|---|---|---|---|
| 2022 | 2021 | ||
| R | E | ||
| Dilapidation | provision | 35,000 | 15,000 |
| Total | 35,000 | 15,000 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| R | ||||
| At 1 April 2021 | 54,764 | 55,392 | ||
| Amount | released | to income | (325,760) | 875,093 |
| Amount | deferred | in year | 302,376 | (875,721) |
| At 31 March 2022 | 31,380 | 54,764 |
| At | At 31 March | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 April 2021 f |
Income E |
Expenditure | Transfers f |
2022 | |||||
| General | funds | 541,526 | 1,047,054 | (1,125,046) | 104,805 | 568,339 | |||
| Designated | funds | 50,000 | 50,000 | ||||||
| 591,526 | 1,047,054 | (1,125,046) | 104,805 | 618,339 | |||||
| At | At 31 March | ||||||||
| 1 April 2020 | Income f |
Expenditure E |
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 | ||||||
| Restricted | funds | ||||||||
| At | At 31 March | ||||||||
| 1 | April 2021 | Income | Expenditure | Transfers | 2022 | ||||
| E | E | F | |||||||
| Capital | items | 613,916 | (29,069) | 584,847 | |||||
| Other restricted | funds | ||||||||
| Housing | first | 195,478 | 233,794 | (213,039) | 216,233 | ||||
| Church | revitalisation | ||||||||
| trust | |||||||||
| Leonard | stocks | centre | 305,662 | (320,790) | 15,128 | ||||
| Restorative | justice | 121,635 | 241,682 | (243,384) | (119,933) | ||||
| 931,029 | 781,138 | (806,282) | (104,805) | 801,080 |
| At | At 31 March | |||||
|---|---|---|---|---|---|---|
| 1 April 2020 6 |
Income 6 |
Expendituref | Transfers | 2021 | ||
| Capital items | 643,804 | (29,888) | 613,916 | |||
| Other restricted | funds | |||||
| Housing first | 98,216 | 271,559 | (174,297) | 195,478 | ||
| Church revitalisation |
||||||
| trust | 24,500 | (24,500) | ||||
| Leonard stocks | centre | 41,200 | (41,200) | |||
| Restorative justice | 121,635 | 121,635 | ||||
| 742,020 | 458,894 | (269,885) | 931,029 |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| 6 | |||||
| Tangible fixed assets | 136,884 | 584,847 | 721,731 | ||
| Current assets | 688,271 | 216,233 | 904,504 | ||
| Creditors less than 1 |
year | (171,816) | (171,816) | ||
| Creditors greater than | 1 year | (35,000) | (35,000) | ||
| Net assets | 618,339 | 801,080 | 1,419,419 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds 8 |
Funds t.' |
2021 E |
|||
| 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 | ||
| 27. | Analysis ofchanges | in net debt | |||
| At | |||||
| At 1 Apr 2021 | Cash flows | 31 Mar 2022 | |||
| F | 6 | ||||
| Cash at bank and in hand | 907,253 | (109,546) | 797,707 | ||
| Debt due within one year | (7,234) | (38,553) | (45,787) | ||
| Current asset investments | 2 | 2 | |||
| 900,021 | (148,099) | 751,922 |
| Yea | r ended | 31 March 2022 | 31 March 2022 | ||||
|---|---|---|---|---|---|---|---|
| 28. | Operating | lease commitments | |||||
| The total future minimum |
lease payments | under non-cancellable | operating | leases are | as follows: | ||
| 2022 | 2021 | ||||||
| 6 | |||||||
| Not later than 1 year |
39,537 | 5,901 | |||||
| Later than | 1 year and not | later than 5years | 54,274 | 43,131 | |||
| Later than | 5years | 5,000 | 19,000 | ||||
| 98,811 | 68,032 |