COMPANY REGISTRATION NUMBER: 04687832 CHARITY REGISTRATION NUMBER: 1097409 Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Financial Statements 31 March 2023 WESTCOTTS Chartered accountants & statutory auditor Plym House 3 Longbridge Road Marsh Mills Plymouth PL6 8LT sw LLP *ACMZY5MX• 0911212023 COMPANIES HOUSE A10
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Shekinah Misslon (Plymouth) Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Contents Page Trustees. annual report (incorporating the directorfs rep1) Independent auditorfs report to the members 10-13 Statement of financial activities (including income and expenditure account) 14 Statements of financial position 15-16 Statement of cash flows 17 Notes to the financial ststements 1840
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2023 The trustees. who are a150 the d1ctS for the purposes of company Lqw. present Iheir report and the financial slalements of the Gharity for the year ended 31 Marth 2023. Rtfernnce and administrative dttsils Registered charity name Shekinah MISSI (Ptymouthl Limited Charity registration number 1097409 Company registralion number 04687832 Principal office and registered Shekinah Missi¢in office Bath stet Ptymouth Devon PL1 3LT The trustees Mr A Thomas Mr R Morgan Mrs M Luckhurst Miss C Little Mr S Canham Or J Buller Rev K Bromage Or T Scott-Gatty Rev A Famer Reswjned 09102123 Deceased 07104123 Resigned 09111122 Apw'nled 12105122 Company secretary Peter Woad Auditor WestGotts ISWI LLP Chartered acccwntanls & slatulory wAitor Plym House 3 Longbridge Road Marsh Mills Plym¢yJth PL6 8LT Bankers HSBC Bank Pl 4 Old Town Street Plymouth Devon PL1 1DD
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Trustees. Annual Report (Incorporatlng the Directorfs Report) (conlinl Year ended 31 March 2023 OveNlew of Shekinah our Purpose and Activltles Shekinah has been working for the relief of p)vety and lo help socially exchjded and disadvantaged people since Oecember 1992. In(Éially il concentrated on helping people who were street homeless,. il nowworks with anyone who needs our services. 30 years on. our acbvities have evojved but our purpose remains the sarne. Sh&kinah believes Ihal each of us wants to live an (wdinary. good lrfe. living in a Flace we can call home, th the people and things we love, in cornmunilies where we look out for one another, and being able lo ¢Jo what matters to us. Achieving Ihis fly everyone is a matter of social iuslice. The objects of the charity. as sLed in our Articles of ASsouatiC. are: the wevention or Telief of poverty: Ihe relief of sithness and the of menlal and physical heallh" the odvancernenl of education. skills. training or re•training and the provisi(Jn of work experience. partilarty amrKvJ people who are unemployed" the relief of those in need. by reason d age, ill-heallh, dtsability. fanCIal hardship or other disadvantsge primarity bul not exclusNdy by the provisK)n of counselling. 8dvice. inform8tion and support services and other assistance and through the provision of suitable accommodation to those who are meleSs., the profflotion of social indusion by preventing people from becoming socialty excluded and relieving the needs of those Feople who are exduded and asting them to reintegrate into society., the Provision of seNce5 for mediation, reconciliation and achieving restorative justice between viclims of Crime and offenders wth a view lo preserwng public order and for the protection of the phyycal, emot31 and mentsl wel-bwr@ of suth Vtrms and the rehatrl'litalion of such offenders. We aim lo engender feelings of grealer sellsteem and setf-w(xth in our clients. thjs helping them to help themselves lo engage more tx)sitivety in their communities. Our services are open lo all, irespeclive of race, age. religion. sexualty. gender. addictions. criminal record. ability or disability. We are based in the Stonehouse area of Ptym¢JJth and also at siles in Torbay. and presently employ approximatety 80 slaff and 80 vdunteers in a variety of Projects, induding two community centres, the 'Make Amends, rest¢yative jLJSti¢e pr(*Jramme. education and Iraining services, a social enterprise, and two charity shops. We cover all of Ptymoulh and Torbaywth some ofour contracts covering Ix)th Devon and Comwall. Through these prqects, we aim to offer the most 'holistic' service we wssibly can lo those who seek our help. helping them to bring aut real and L9Sting thange in their lives. Our dients are dealing with a range of murtiple and eomplex needs including.. - homelessness and rough sleeFyng substance misuse problems - offenderslexaoffenders long-lerm unemployment people with learning disabilities or physical I mentsl heamh probtems people in isolation
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢gntln¢Kd) Year ended 31 March 2023 Structure. governance and management Constlttstion Shekinah was established in 1992. and has progressivety developed a range of basic serwces to meel the needs of socially and economicalty exduded people in Pfymouth and Torbay. Shekinah incorporated on 5 March 2003 as a tharitable company limiled by guarantee and was registered as a Charity on 8 May 21x13. It is governed by Ath'cles of AsscKiath)n, bthich were last amended in September 2021. The Company is limited by guarantee and has no share caiylal. At 31 March 2023, there We 7 members of the Company12022= 81. In the event of the Ccrnpany being ynd up. the liability of each member is limited to £10. Meth¢)d of Appointment or Election of Trustses Under the Articles of Associakn, the number of Tru$lees shall not be less than three. wth all Trustees being retired and eligible for re-eleth'on every three years. Those retiring may be reappointed as Trustees. Nev4 Trustees Can lY be elecled rf they are recommended by a MaIlty of Ihe Tru5tEes and notice is pr¢)perly executed by a Trustee of their intenlK)n to nLxninale a new Tru51ee. Recruitment of trustees is generalty govemed by skils and knowledge'gaps. in the Board. Where such gaps are perceived to exisL a canLltdale or candidates who may be suitabte to fill these gaps wll be identified, and infomially approached to enquire whelher a trusteeship of the organisation would be of interest lo them. If so, the candidate will be invited to attend a Board of Trustees meeting, where their polenlial twsleeship 11 be discussed wilh Ihe full Board_ A fom)al offer to join the trustees may then be made to the candidatel51. No Tnjstee shall serve in office for more than nine consecutive years provided that a Trustee may be reappointed annually thereafter rf there are exceptronal cjrcumstan and the Trustees unlmO$ resolve that they b& reapwinled. Policies Adopted for the knduclion and Training of Trustees In recent y$ the 8oard has gr¢)wn from the original four founding Trustees. to the current t81 of six. This has expanded the overall skill-5et and experience available to shape and direct the charity'$ strategy and to support the management team. particulaty in respect of commercial matters. Specific training for the newer Trustees has largety been provided by the Chaiman and the Chief Executive., however. a m¢ye fomi81i5ed induction pr¢xess has recently been implemented. thereby making the recruitment and induction of any subsequent trustees rrnre convenient and more reliable. A Continuing Professional Developmenl ICPD) programme for the trustees. by Thomas Westcott Chartered Accountanls, commenced in Marth 2021. Organisational Structure and De0'si-Makin9 The affairs of Shekinah are uttimalely controlled by the Boarij of Trustees, vthich delegate5 the day lo day Operatic of Shekinah lo the management team which is headed by the Chief Executive offir. Mr. John Hamblin. With the expansion of Shekinah'5 services. rt was decided 2011112 to establish a separate Finance Sub- Committee Inow known as the Finance & Risk SC(MItteel. Membership currently consists of three Truslees plus Shekinah's CEO and the Finance manar. This, ctxnbined the implementation of
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Trustees, Annual Report (InGorporating the Directorfs Report) f¢onlintKd) Year ended 31 March 2023 monthly budget meetings wth each manager, has ensured greater ancIal scrutiny and risk management for Shekinah. Oblectlves and a¢tivitses Our prc4e¢ts have continued lo prowde sup1 seNces to those in need across Plymouth. Torbay, Devon and Ccffiwall during the 2022123 year. All our services have continued to be wem-used. The Practical outcomes produced through the service5 prwded have been those which we sel out lo achieve, ¢hiefty'. better heamh and nutrrtion for our Se users.. less rough sleeping by helping people who are rough sleeping to access accommcKlalion'. better prospects for securing employment., fewer ex- offenders retuming lo crime., and an Improved sense of self.worth and seW*steem. In comparison to previous years, the numbers of indimduals assisted has inueased across the various seNices provided. During this year we have increased the funding we receive from charitable trusts. this allows us to meet our charitable aims wrth¢JJt having to have undue regard to what partners in other services want us to do. 11 allows us lo be even me of an irKlependent charity wilh a voice lo advocate for those we work with. During the 2022123 year. there were no outstaTraing w5rtNe or negative factors of sNJnificance which affected Ihe achievement of our objectives. The Public 8enefrt We have consvjered the guidance conts1 in the Charity Comrnission's guHlance on Public Benefit, including the guidance'PU1C Benefft.. Running a Charity IPB2)' vthen reviewing our aims and objectives and in planning future activities. The services ol Shekinah are open lo all. ie5Fects.ye of their race. age, religion. sexualrty. gender. addictions. criminal record. ability or disability- Shekinah's services bring benefits to a wide section of the Ioc81 community, particulady homeless I rough sleepers. ex-offenders. the long-tem) unemployed. the elderty I disabled. people suffering from addicti)$. and those wrth physical or mental hearth issues. This report outlines how our aclwevemenls during the year have benefited the public erther directly or indirectly. The activities of Shekinah currendy take pL4ce WKler Ihe ausyces of various projects. At present, these consist of the following.. A community centre in Ptymoulh Education, training and empbyment programmes The'make Amends, restorative justice programme Two charity shops Endeavour House in Torqvay, a Community Hub Shekinah Tr8ding Limited. a sooal enterprise The High Intensity User prqecl in Torbay The Community Mental Health Framewc¥k proje(X in T(xbay The Leaming ExchaThJe prograrnme Shekinah is also a partner organisalion in the 'PlynNxth Alliance.. an association of organisations working together to deliver C(rdinated supp(Mt to people who are home$ and otherwtse vulnerable and disadvantaged.
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Directorfs Report) {tOnllnuedJ Year ended 31 March 2023 Strateglc report The fdlovMng sectKJns for achievements and perfomiance and financial review fcm the strategic report of the charity. Achievements and perforniance Our Wofk has impacted on ur(yJmstances of people using Shekinah's services in a number of ways, including.. better health and nutrilion. improved education. increased employment prospects, greater 5elf-confidence and 5elf-worth. and Ixtter acce55 to accommcrtlation. This year has seen us further strenglhen antl develop" both l¢xal and national partnerships. In particular we have further developed our partnerships with the Plymouth complex need5 Allian. Hamoaze House, Harbour {drug and alcohol services). PATH (Plymoh Access To Housing) and the Devon Mental Health AJlTrance. Financial review Financlal Position The consolidated statement of financial activities for the year shows the nel movemem in funds for the year wa5 8 surplus of £26.90712022.' defitst of £103.136). The Charity's wholly-owned trading subsidiary. Shekinah Trading Limited. carries oul non-charilable trading aCtl'tIeS for the Charity and 1 avalts1e profits are donated lo the charity. Risk Management The Trustees routinely review the major risks thai shekah fas. managernt of the various risk elements includes-. maintenan and review of risk registers and risk mitigation oplions- Establishment and rewew of meilium-terrn busines5 pkns.. Establishment and review of a reserves p)licy-, Establishment of annual budgets and bHnonthly review of financial perf(xinance'. Annual review of process Contrds over key financial system5.' Financial risk and ulaT review of Ihe cash wsilion. The principal financial risks and uncertaintses idenlified by Ihe truslees are as follows.. Overdependence on major income sources-, lack of understsnding of current and impending employment law . lerms and conditions". inappropriale or Ioss-mthng non-charilable trading aclivilies", ncmcompliance with donor-imposed restrictions., fraud or financial error- no rxsh flow or cash SerVe$- lack of grant funding or donations to meet key performance indicators. Identsfied risks ar8 rthv reviewed bi-monlhly by the rinance & risk subcommittee of the Boartj. Faclors likely to affect wr finanual perfomiance or pasrtion going forward are" The general 8conomic environment.. changes in govemmenl poliaes. parti()Jlarly wth regard lo grant funding priorities.. changes in company l ehanty law., PloUth City Cwncil redevelopment plan5.. and our continued successful acce5S to eharitable grant fuNJing. is oJrTenlty increasing year on year. Non-fin8ncial
Shekinah Mission {Plymouth) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (eonthuedl Year ended 31 March 2023 risks identrfied indude dealh. knnterm ilkness or key perscffind leamng. Succe$sK F4anning is high on the agenda. Reser¥es Pollcy The Truslees recognise the need for unrestricted funds to meel its charitable objects tx)th in the short temi and over the kjnger term. The Trustees have set an unresln.cted reservetarget of £400.0 (excluding the net value of unreslricted rixed assets) Nthich is the figure ihe Board CsIderS suffiaent to protect the short-term opefati(M of the tharity. The Trustees have also stated an intent that, sufy'eet to eash fl¢)W 8T the availabllY of reserves. future ndfaif donations (such as legacies) will be invested to fomi part of the reserves. Budget for Year to 31 March 2024 The Trustees have set ? financial bjdgel SurPS lor the charity in 2023124 of £5.871. Plans ftr fufvre periods The charity is established lo prwde a broad range of service5 to disadvantsged people. We will continue to provide suth serwces, adapted as needed to suil the specrfic needs of our clients. Future provision will be designed with the ideas embedded in our new 2025 strategy at their core. The charity will also remain open lo both Nganic and ge(MJraphic expansiC. We are now aetively planning for a rdocation of services away from our Bath Street PrnOLrth base. This will give us an opportunty for fnore effective integratirffl of the various services we deliver to the benefit of our clients. This we believe will enae vs to provide seamless pathways for our cjbents lo engage wlhin their indivKJual recovery joumeys. Close finanual management going foThvaTd wil ensure that we tinue to trMJibY value al ihe frontline and reduce costs elsewhere. Our Mission Budding Lwes and Futures Shekinah believes that each of us wants lo live an ordinary, good life,. living a place we can call home, th the people and things we k)ve. in wmmuniks where we knk out for one another. and being able to do what matters to us. Achieving Ihis lor everyone is a matter o150cial justice. Values: Openness. Honesty. Persistence. Amtrftion fcy peopke. Inlegrity irtuos: Courage. Tnjthfulness. Justice. Humih'ty. Kindne&8. Generosity, 8eneficence Homes: We wll advocate for F*ople to have access to secure, decent. and affordab hCeS {wth appropriate levels of sUkPJrt where requredl fr which they can successfully estatrAish life as part of communty. Believe in people and help Ihem Connect Ihey are. their strengths. who they can and wanl lo be. Work as system activists, 1dent1.ng system barriers at a grassroots level and tsckling them where ssible.
Shekinah Mlsslon (Plymouth) Limited Company Limlted by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢onnuedJ Year ended 31 March 2023 Provide '8¢e$ wth purpk)se' where people who are Irving on the streets or olherwse experiencing homeless andlor Sal exdusion 8re enabled to resofve lSeS aThJ nnect with useful help and support. Oevelop a long-term housing project fLY people who have been systematKalty exduded from existing options. Prowde accredited IAG supportto people CesSIng (Mjr ser¥ices. ensuring that they are able lo exercise their entitlernents. Occupation: We will provide a comprehensive range of leaming, volunteeriThJ. and employability opportunities which enable people to trtjild and sustsin a fkmjrishing lrfe. Provide welcoming and friendly spaces Ihat supwrt people to embark on self4irected prcKJrammes of learning and activity to develop their confiden. strengths. and interests. Enable easy access lo accredited courses and prwth'ng Ewsl1$ed leaming support tr) oplimise people's success. Prowde safe, environmentalty focused. outdoor Flaces. ryth aceess to accredited knd-based qualrfications and workshops whith suFpJrt emotional & physical wellbeing. Work in partnership vAth employws to create wjporlunities for real. decentty paid wort opportunities with gc)d prospects for progression and development. Provide a range of varied and well•SUPPOrted yonIeeTing opwtunilies that eTrab people to actively contribthe to Shekinah's missron. Restorative Justice: We will wcKk th people vtho have experienced hami or confiict to achieve resolution by enabling meaningful opportunth.es for corrffiunication in order lo support everyone moving on in a safe and posits.ve way. We will continue to work in the c(xe areas of RJ. namdy.. Prisons Probation Youth Justice Police We w1 maintain and expand c*Jr offer within other key hjents.fied areas.. Serious Violent Crime Schools and Youth Mental Health DASV ASB lo embed Restorative Practi thIn the wKier ¢yganisati. Build relationships across peninsula to raise of awareness of RJ and work towards a restatiVe Devon & Comwall. Offer RJ training within our own organisation and partn$ lo inuease awareness and recruil volunteers to provide suslainabilily of the service.
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) fconlinu¢d) Year ended 31 March 2023 Health.. We will address systemic health inequalities by working to improve acce55 to health-related services for people who are living the streets or othemse expenenryThJ homethsness andlor s¢xial exclusion. Work wilh Inclusion Heatth teams. GP & Nursing. specialist practitioners to extend the availability of healthcare access for pecple Ung our services. Work proactivety with people lo *Jentify effeclive non4ernergency response5 and reduce the number of futu frequent attendancesluse of acute serwces. 8uild networked relationships within and aLXJSS the ststLrtcry. voluntary, and commuThly sectors to improve support for pecple experiencing emotional andlor psythological distress. Prowde free lor low costl and timety access to counselling aThJ emotional SUPkKJrt. Scaffold the development of peer-led prts3ramme5 and mutual support nerkS to extend Ihe range of available options for people lo imwove their health aThJ wellbeing. Trustees. responsibilities slatement The trustees. who are also directors for the purposes of company law, are responsible for preparing the trustees. report and the financial slalemenls in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees lo prepare financial statements for each year which give a true and fair view of the state of affairs ol the chantable company and ihe incoming resources and applicatson of resources. including the income and expenijiture. for thal period. In preparing these financi81 slalemenls. the trustees are required lo.. select suitable accounting policies and then apply them consistentty- observe the methods and principles in the applicatAe Chanties SORP", make judgments and accounts.ng estimates that are reas¢Mable 8n(i pnJdenl', state whether apF4icable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial slalemenls on the going concem basi8 unless it is inappropriate lo presume that the charity will contsnue in business. The trustees are reswnsible fcrf keepirKJ adequate accounting rec(Yds Ihat are sufficient lo show and explain the charity's transaciions and disthse with rea5¢ale accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They a also responsible for safeguarijing the asseis of the charily and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Audltor Each of the persons who 15 a trustee at the dale of approval of thi8 )rt confims thal.. ' so far as they are aware, there is no relevant audit information of vknith the Charity's auditor is unaware. and they have taken all steps that they ought lo have lakw a5 8 Irustee lo make Ihemsefve5 aware of any relevanl audit information and lo estsblish that the charilvs audTtor is aware of that information.
Shekinah Mission {Plymouth) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Gonllnu•dJ Year ended 31 March 2023 The trustees. annual report and the strategic reFort were apwove(l on ..1.3..1.7 12.3 on beh8ff of the board of tnJstees by: - and signed Mr R Man Tnjstee
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Shekinah Mission {Plymouth) Llmlted Year ended 31 March 2023 Opinion We have audited the finanaal ststernenls of Shekinah Mission {PlymoLrth} Limited Ilhe'tharitl} and ils subsidiary (the 'group') for the year ended 31 March 2023 whith comprise the consolidated statement of finanoal activities {induding income and expenditure aecountl. consolidated statement of financial position. charity Stement ot finana81 posrtion. consolidaled statement of cash flows and the related noles, including a summary of signfficant aeeounkn.ng rx)licies. The finanual reporting framework that has been applied in their preparation is applicable law and United Kingdom ACCnting Standards, including FRS 102 The Finanaal Reporting Standard applicabje in the UK and Republbc of Iieland {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial stalemenls= give a true and fair of the state of the group and Ihe charivs affairs as at 31 March 2023 and of ils incoming resources and application of resources, induding it5 income and expenditure. for the year then ended: have been propedy prepared in accordance with United Kingdom Generalty Accpted Accounting Practs'ce., have been prepared in accordancewth the requirements ofthe Companies Acl 2006 and Charities SORP. Basis for opini¢)n We conducted our audit in acctydance with Intemati¢)n81 Standards on Auditing IUKI IISAS (UK)) and apICable law. Our responsibilrties under those standards are further descnbed in the auditorfs responsibilities for the audit of the finanal statements section of our report. We are independent of the group and charity in accordance wilh the ethical requirements that are levant to our audit of the financial statements in the UK, including the FRC'S Ethical Stsndard, and we have fUlIed our other ethical responsibilities in accordance wth these reqU1mentS. IAle believe that the audit evidence we have obtsine(J is sufficient and appropriate to provKle a bags for our opinion. Ccnclu$lons rel8tlng to golng ¢teM In auditing the financial statemenls. we have conduded that the truslees. use ofthe going concem basis of accounting in the preparation of ihe financial slalements is appropriate. Based the work we have Ferfcrfmed. we have not Klenlifie(l any material uncertainties relating to events or conditions that, indiwdually or colkctively, may casl significant doubt on the charity or group'5 ability lo continue as a going Goncem a period of at least iwelve months frorn when the financial statements are aulhorised for issue. Our Tesp)nsibilities and the $psibilitIeS of the trustees wrth respect to going con¢em are described in the rdevant seth.ons of this reF*Jt. 10
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Independent Auditorfs Report to the Members of Shekinah Mission (Plymouth) Llmited (Gontinuedl Year ended 31 March 2023 other infomiation The other infom181ion comprises the infomiation included in the annual report. other than the financial statements and our auditorfs report theon. The tnJs1S are responstble for the other infomation. Our opinion on the finanaal slatements does not eover the other information and. except to the extent otherwise explicitly stated in our we do Thjt express any fomi of assurance conclusion therecffi. In connection with (yjr audit of the finanual statements. our responsikn.lity is lo read the other information and, in d(Mng 50. consider whether the other information is materially inconsislenl with the financial ststements or our knovAedge obtained in the audit or otherwise appears to be materially misstated. If we identrfy such material inconsistencies or apparent material misstatements. we a required to determine whether there is a material misstatement in the finanual statements or 8 maleTial misstatement of the other informats"on. If, based on the work we have performed. we conclude th* there is a material misstatement of this other infornation, we are required to report Ihat fa We have nothing to in this regard. Opinions on other matters pres¢rlbed by the Cornpanles Act 2006 In our opiThon, based on the work urKlertaken in the Gr$e of the audil: the infomiation given in the trustees. report for Ihe financial yearforwhich the finanaal statements are prepareé is cSiStent with the financial statemerts; and the tnJstees' report has been prepared in accordance with aFfAicab legal requirements. Matters on whl¢h we are requlred to report by exception In the light of the knowledge and understanding of the chanty and group and its environment obtained in the course of Ihe audil, we have not identrfi&J material misstatemenls in the trustees. rewrt. We have nothing lo port in respect of the followiNJ matters in relatson to which the Companies Act 2006 requires us lo report to you rf. in our opinion.. adequate accounting records have not been kept. or reiums adewale for our audit have not been received from branches not visrted by us.. or the financial slalemenls are not in agreement Vth the accounting records and retums.. or certain disclosu5 of trustees, rernUnerdtD speafied by kiw are not made.. or we have not received all the infomiation and exFlanatiLJ)s we require for wr audrt. 11
Sheklnah Mlssion (Plymouth) Limited Company Llmlted by Guarantee Independent Audilorfs Report to the Members of Shekinah Mlsslon (Plymouth) Limited l¢ontinued) Year ended 31 March 2023 Responslblllties of INstees As explained more fully in Ihe Irustees. responsibilities stalement. the tnJstees (who are also the directors forthe purposes ofcompany law) are pOnsIblefOr the preparation of thefinancial statements and for being satisfie(S that they give a true and fair view, and for intemal control as the Iruslees determine is necessary to enable the preparoticffi of anal staternenls Ihai are free from material misstalemenl, whether due to fraud or error. In preparing the finèncièl slalements. the trustees are reSnsIble for assessing the Charity group's ability lo continue as a going concem. disdosing. as applicable, matters related to g(Mng concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic amemative bul to do so. Auditorfs rgsponsibilities for the audil of th* financial staternents Our objeelives are to obtain reasonable assurance ab(Mrt %thether the finanryal ststemenls as a whole are free from material misstatement. whether due lo fraud error. and lo issue an audrtor's rep)rt that indudes our opinion. Reasonable assurance is a high level of assurance. but is noi a guarantee that an audit conducted in aCcdanCe th ISAS (UK} 11 always detect a material misstatement when it exists. Misstatements can 8ose from fraud or error and afe considered material if. individually or in the aggregate, they could reasonabty be expected to infivence the ecMomic decisions of usets tsken c the basis of these finanual statements. lThegularities. induding fraud. 8re StanceS of ncn-c4ynpIian laws and reguiatiu)s. We design prCedureS in line wth our responsibilities. outlined aL¥)ve. lo deted material misstatements in respect of iThegularities. induding fraud. The extent lo bthich our wocedure5 are capable of detecting irregularities, including fraud is detailed below.. We identffied areas of laws and regulations that coukl aSonablY be expected lo have a material effect on the financial statements from ourgeneral commeraal and sector experience and through discussion wilh the directors and other management. We communicated bdentified laws and regulations throughout OUT team. and remained alert lo any indicalions of r-cOmplian¢e throughout the audrt. The charity and group are subject to laws and regulations that g4)vem the pparats.0 of the financial slalements. including finanaal rewrting gisLtion. and other charity legislation. The charity and group are also sut4.ect to other laws and regulations where the consequences of non- compliance ccAJld have a material impact on the amounts or disclosures wthin the financial slalemenls, induding employment, anti-bribery. anti-money laundering an(J certain aspects of charities legislation. Owng to the inherent limitstions of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial stalements. even Ih(wgh we have property planned and perfomied our audit in accordance wth audtbtYJ Standards. In any audit, there remains a higher risk of non-detedion of irregularits"es. a5 these may involve collusion, forgery. intentional omissions, misrepre5entalions. or the override of internal ltrOl5. We are not responsible for preventing non•cornpliance and cannot be expected to detecl non-compliance with all laws and regulalions. As part of an audit in accordance wilh ISAS (UK), we eXerse prorfessional judgment and rnainlain professional scepticism through( the audiL We also: 12
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Independent Auditoes Report to the Members of Shekinah Mission (Plymouth) Limited {GonlinuadJ Year ended 31 March 2023 Identfy and assess the risks of material misstement of the financial statemenls, whether due lo fraud or efror. deSn and perfomi audit procedures responsive to those risks, and obtain audit evidence that is sufficient and apsKcpriate to provide a basis for our opinion. The risk of not detecting 3 material misstalemenl resutting from fraud is higher than for one resulting from error, as fraud may invofve collusion. forgery. intentM)nal omissions. misrepresentations, orthe override of intemal contrd. Obtain an understanding of intemal ¢trol relevant to the audit in order lo design audit procedures that are appropriate in the arcumstsnces. tHJt not for the purpose of expressing an opinion on the effectiveness of the intemal control. Evaluale the appropnaleness of accounting Oicies used and the reasonableness of acccljnting esltmales and lated disdosus made by the trustees. Conclude on the approwaleness of the trustees. use of the going ccern basis of ac£ounling and. b85ed on the audit ewdence obtained. whether a material uncertsinty exists related lo events or condrtions that may east signfficant doubton the tharity's abilrty to contsnue as a going concern. If we conclude that a material uncertainty exists, we are required lo draw attention in our audilorfs resX)rt to the related disclosures in the financial stateMtS or. rf such disclosures are inadequate. to modify our opinion. Our condusions are based the audit eden obtained up to the date of our auditor's report. However, future events conditions may cause the charity lo cease to continue as a going concem. Evaluate the overall presentatk, structure and conleml of the financial slatements. including the disclosures. and whether the financial statements rwesent the underfying transactions and events in a manner that achieves fair presentation. We wnmunlte vmth those tharged th govemance reging. among other matters, the planned scope and timing of the audit and signrficant audit firxJ¥)gs. including any significant deficiencies in inlemal control that we idents.fy during wr audil. Use of our report This report is made solety to the charitys members. as a brxly. in accordance wilh Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the charity's members those matters we are required to stale to them in an auditorfs report and f¢X no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility lo anyone other than the charity and the chanly'5 members as a bc¥Jy. fLY iyjr audit wo, for this report. or for the opinions we have formed. b.IJL LLe Adam Crtxey (Senior StstLrtory Auditor) For and on behalf of Westcotts ISWI LLP Chartered accountants & statutory auditor Plym Hou68 3 Longbridge Road Marsh Mills Plymouth PL6 8LT 13
Shekinah Mission {Plymouth) Limited Company Limited by Guarantee Consolidated Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total funds Total funds 2022 Unrestricled fuThJs Nole Income and endowments Donations and le9acies Charitable activilies Other trading aelivilies Investment income 349.624 668,660 240.238 349,624 1,414.873 240.238 4.068 339,735 1.287.402 200.949 106 746,213 Total income 1.262.590 746.213 2.008.803 1.828,192 Expenditure Expenditure on raising funds.. Costs of raising donaliorts and legaaes Opefaling c051s of Shekinah Trading ExpenditLJre on charilaNe activities 10 18.953 18.953 12.698 11 196.371 196.371 150.754 12 1,127,705 703,540 1.831.24S 1.767.876 Total expenditure 1.343.029 703.540 2,046,569 1,931.328 Garn on diswsal of tangible fixed a5sels 64.673 64,673 Net Incomel{expendlturel {15,766) 42.673 26.907 1103.1361 Transfers between funds 443,247 {443.247) {400.574) Net m¢)vement in fvnds 427.481 26.907 {103.1361 Reconciliation of funds Total funds brought fOard T¢tal funds caffied forwartl 618,339 801,080 1.419.419 1,522,555 1.045.820 400,506 1.446.326 1,419,419 The slalemenl of finaneial activibes indudes 811 gains and tctsses recogni8ed in the ye*. All income and expenditure derNe from continuing actMts"es. The notes on pages 18 to 30 fonn part of Ihese financtal Statements. 14
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Charity Statement of Financial Position 31 March 2023 Charity 2023 Charity 2022 Flxed assets Tangible fixed assels 588,086 720,6C4) Current assets Debtors Investments Cash at bank and in hand 19 20 43.254 90.427 1.033.739 797,707 1.076,995 888,136 Creditors.. amunts lalling due within one year 21 253.059 211.207 Provisions 35,Ot)O N•t current assets 823,936 641.929 Total assets less current liabililies 1.412.022 1.362.529 Net assets 1,412.022 1,362,529 Funds of the charity Restricted funds Unrestricted funds Designated funds Total charity funds 400,506 436,516 575.OLIO 801.080 511.449 50,(KJO 1,412,022 1,362,529 These financial slalemenls were aroVed by the toard of trustees and authorised for issue on 11.1..7.12..1.... and a signed on behalf of the board by.. Mr R Morg Trustee The not•s on ge$ 18 to 30 fomTr part of thE5• flnanclal statem•nts. 15
Sheklnah Mission (Plymouth) Limlted Company Llmlted by Guarantse Consolldated Statement of Financial Position 31 March 2023 Grow) 2023 Group 2022 No Fixed assets Tangible fixed assels 18 588,768 721,731 Currenl assets Debtors Cash al bank and in hand 19 52.902 1.041.140 102,472 802,032 1,094,042 904,504 Creditors: amounts falling due within one y 21 236,484 171.816 Provisions 22 35.000 Net Current ass•ts 857,558 697,688 Total asset$ less cuffenl liabilities 1.446.326 1,419,419 Net assets 1.446.326 1,419.419 Funds of the charity Restricted funds Unrestricted funds Designated funds Total Charity funds 4CX),5C6 520,820 575.OtK) 801,080 568,339 50.000 25 1,446,326 1.419.419 These financial ststements were approved by the toard of trustees an(1 authorised for issue on 3.J..7.1.2.3... , and are signed on behaw of the b)ard by: MrRMo stee an The notes on pages 18 to 30 fomi part olthese financlal statement& 16
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Consolidated Statement of Cash Flows Year ended 31 March 2023 Group 2013 2LY22 Cash flow5 from operating activltles Nel incomellexpendilurel 26,937 1103,136) Adjustments for. Gains on disposal of tangible fixed assets Depreciation of langible fixed assets Depreciation on disposals 13,250 29,439 {11.748) 17,502 (247.0451 Changes in.- Trade and other debtors Trade and other creditors 49.570 29.665 {3.2331 {16,536) 191,964) Cash generated from operalions (123.371) Net cash fromllu5ed in} operating aclivrt {123.371) 191.964} Cash flows from investing activities Purchase of tangible assets Net cash fromllused in} investiThJ activities {49,971) {49.971) 113.2771 113,277) Cash flows from financing activities Proceeds from disposal of tangible fixed assets Net cash Iu5ed invfrom finonang ackn"wties 412.450 412,450 Net increaselldecrease) in ¢ash and cash equivalents Cash and cash equival•nts at beginning of year Cash and cash equivalonts at end of year 239,108 802,032 1105,2411 7,253 1.041.140 802,032 The notes on pages 18 to 30 lonn part of these financial ststement$. 17
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General information The charity is a public benefft enty and a wvate c(¥npany limited by guarantee, registered in England and Wales and a regIsted charity in England and Wales. The address ofthe registered office is Shekinah Mission, Bath Street. PtymLKJlh. Devon, PL13LT. statement of complianc• These financial statements have been prepa in cfynpliance wth FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Stslemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial ReFrt)rting Standard ap1¢able in the UK and Republic of Iieland (FRS 1021 (Charities SORP IFRS 10211 and the Companies Ad 20LK. Accountlng poli¢Ses Value added tax As the group is VAT registered wth partialty exempt supplies for VAT purKx)ses. Irrecoverable VAT has been induded the expenditure of Shekinah Missicrfb. whh contains all the exempt supplies. Basis of preparation The financial statemenls have been prepared the historical cost basis. The financial statements are prepared in sterling, is the functi81 cuttency of the entity. Going concern The are no material urKertainties aLKNJI the Til$ abilty to continue. Judgements and key sourc•s of •stimalion uncertainty The preparation of the financial statements requires management to make judgements. estimates and assumptions that affect the amounts repK)rted. These estimates and judgements are continually reviewed and are based on experience and other factors, induding eKpectstions of future events that are believed to rea$(able under the circumstances. A key area of judgement ¢s deferred income which requires management to measure income released and deferred within the accounting year. 18
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 Accountlng pollcles I¢1•j Fund accountlng Unrestricted funds are available for use at the disuetwjn of Ihe trustees to further any of the charrtls purposes. Designaled funds are unrestricted funds earmarke(I by Ihe Iru*ees f( partilar future project or commitmenL Restricted funds are sutr4'ected to restrictions on their enditUre declared by the donor orthrough the terms of an appeal. and fdl into one of sub-classes- restricted income funds or endowment funds. Incoming re$our¢¢s All incoming resources are included in the statement of financial activitFes when entitlement has passed to the charity,. it is probatrAe that the economic tenefrfs assouated wilh the transaction will flow lo the charity and the amount can be reliably measured. The following specific wlicies are applied lo particular categories of income= income from donatiws or grants is reccyJni5ed when there is wdence of enlillement to the gift. receipt is probable and its amwnl can be measured reliably. legacy income is reccgnised when receipt is wobable and entitlement is established. No amcmjnls are induded for the Contribution of gerseral volunteer5. ineome from contracts the suppty of services is reeognised th the delivery of the contracted service. This is classified as unrestricted funds unless Ihere is a contractual requirement for it to be spent on a particular NJrkw)se and retumed rf unspent, in whh case may be regarded as restricted. 19
Shekinah Mission (Plymouth) Limited Company Llmlted by Guarantee Notes to the Financial Statements (eonunuedj Year ended 31 March 2023 Accounting policies (Cl(¥10) Resources expended Expendrture is recognised on an accruals basis as a liabikty is incurred. Expenditure include5 any VAT which cannot be fully recovered. and is d8ss1fd under heading5 of the slalement of finanaal acts'vities to which it relates.. expenditure on raising funds includes the ¢05ts of all fundraising activitie5. events, ngn- charitable trading activities, and the sale of donaled g(M)ds. expenditure on charitable actimties indudes all cost5 incurred by a charity in undertaking activities that further rts charitable airns for the benefit of its beneficianes. including those support Cts and costs reloting to the govemance of the charity apportioned to charitable activilies. other expenditure includes all expenditure Ihat 15 neither related trj raisiThJ ffijnds fthe charity rr part of rts expenditure on chantable actiwties. All costs are allocated to expendilure categories refieckng the use of the re50urco. Direct cosls attributable lo a single aclivity are allocated éirectty to that activity. Shared costs are apportioned between the activities they contn"LNJle lo a Teasonable. juslifiable and consistent ba51S. Operaling leases Lease payrnenls are reccgnised as an expense over the lease lem on a straight-h.ne basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease lemi, on a straight4ine basis. Tangible assets Tar@ible assets are inibaly recorded al cost. aNI subsequendy stated at cost less any accumulaled depreciation and impairment losses. Any tangible assets carried at revalued amwnts are recorded al the fair value at the d*e of revalualion les5 any subsequent accumulated depreciation an(1 subsequenl accumulaled impairrnent losses. An inuease in the caThwng amount d an asset as a resu of 8 revahjation. is reeognised in other recTrJnised gains and losses. unless it reverses a charge for impaimient that has previously been reccYJnised as expendrture within the slatwnent of financial actNities. A decrease in the carrying amount of an asset as a result of revaluakn"on. is recognised in other recognised gains and losses, ex¢epl to which rt offsets any previous revaluation gain, in which case the loss 18 shown within other reccgnised gains and losses on the ststemenl of finanual aetivrties. 20
Shekinah Mission (Plymouth) Limited Company Llmited by Guarantee Notes lo the Financial Statements fc Year ended 31 March 2023 Depre¢latlon Depreciation is ealculaled 50 as lo write off the cost or vahjation of an assei. less its sIdU31 value. over the useful economic life cl that asset as follows.- Freehold property Plant and rnachinery Fixtures and fitbngs Computer equipment 2% straight line IO•A slraighl line 15V/o straight line 25Vo Straight line lrnpairrnent of fix¢d assets A vIeW for indicators of imp8imenl is carried out at each reporting date. Vth the recover8ble amount being eslimated where 5uc* in(Jscators exi51. Where the Garying value exceeds the recoverable amount, the asset is impairèd ardInglY. Prior imp8imients are also reviewed for possible reversal at each reporting date. Financial in5trurnents A financial asset or a financial liabity is reeogni8ed onty when Ihe enlty becomes a party to the contractual provisions of the instnjment. 8a5ic financial instruments are initially recognised at Ihe aThunt receivable or payable including any related transacts'on costs. unless the aangement cnnstitutes a financing transaction, where il is recognised at the present vaue of the fthure paYMts discounled al a market rate of interest for 8 similar debt instrument. Current assets and ojrrent liabilrties are subsequenty Measured al the cash or other consideration expected to be paid or received and not diseounte(l. Debt instruments are subsequentty measvred at amortised cost. Defingd contributlon plans Contributions to define¢J ccrtribution piqns are ree4)gnised as an expense in the pèriod in wh the related seTviee is provided. Prepaid eonlributKJns are recognised as an asset to the extent that the prepayment lead to a reduction in fuiure paYrnts or a cash refund. When contribution5 are not expected to be settled vtholly within 12 month5 of the end of the repo.n9 date in whith the employees render the related selvice, the liability is measured on a discounted present value basis. The unwinding of the discount is recegnised as an expense in the period in which it arises. Limited by guarantee The company, which was incx)rFM)rated in the Uniled Kingdom. is a company limrted by guarantee and has no share capital. At 31 March 2023. there were 7 members of the Company12022.. 8}. In the evenl of the company being wound up. the liabilbty in respeci of the guarantee is limiled to £10 per member of the company. 21
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Financial Statements (¢tith¥•oJ Year ended 31 March 2023 DOnaon5 and legacies Unrestricted Totsl Funds Unrestricted Total Funds Funds 2023 Funds 2022 Donations and Legacies Gift Aid 336,040 13.584 336.060 13.584 203.930 18,333 203.930 18,333 Grants Granls receivable 117.472 117,472 349,624 349,624 339.735 339,735 Charitable activities Unrestricted Funds Restricted Total Fund$ FurKIs 2023 Drop in centre Leonard stocks centre Training & employabih'ty Shekinah grow Endeavour house Make amends Housing first The Learning Exchange CHFM 249,153 249,153 290,819 188.090 3,076 111.751 320,134 135,260 50,826 65.764 25YJ,819 188,090 3.076 111,751 320.134 135,260 50.826 65.764 668,660 746,213 1,414,873 Unre51ricted Funds Restricted Total Funds Funds 2022 Drop in centre Leonard st¢xks centre Training & empbyability Shekinah grow Endeavour house Make amends Housing first 268,190 268,190 305.662 181,859 3,942 52,273 241.682 233.794 305.662 181,859 3.942 52.273 241.682 233.794 5C6.264 781,138 1.287,402 Other tradlng actlvlfjes unstriCted Totsl Funds Unrestricted Total Funds Funds 2023 Funds 2022 Fundraising events Shop income Paintir¥J and MaIntenae Income Coronavirus grant funding 66.449 124,142 49.647 66.449 124, 142 49.647 120.310 73.816 6,823 120.310 73,816 6.823 240.238 240.238 200.949 200.949 22
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Flnanclal Statements (conthw Year ended 31 March 2023 Investmont income UrKestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Bank intere51 receivable 4.068 4.068 106 106 Other income untricted Restricted Total Funds Funds Funds 2023 Gain on disposal of tangible fixed assets held for charity's own use 64,673 64.673 Unrestricted Restrlcted Total Funds Funds Funds 2022 Gain on disposal of tsngible fe¢l assets hekl fc thariws own use 10. Costs of raising donations and legacies Unrestitted Totsl Funds Untricted Tolal Funds Funds 2023 Funds 2022 Costs of raising ld$ 18.953 18.953 12.698 12.698 23
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Financial Statements l¢Mtlftuedl Year ended 31 March 2023 11. ShÈklnah Tradlng Expendlture Unrestricted Total Funds Unrestricted Total Funds FurKIs 2023 Funds 2022 Purchases Wages Rent Property rates & counul tax Travel & subsistence Electricity Printing. postage & stationery Subscripts'ons Insurance Teleph¢)ne Repairs & renewals Cleaning & refuse dispjsal Sundry expenses Staff training Hire of equipment Motor expenses Legal and professional Bank charges Deprecration Gainlloss on disposal of tangible assets 5.346 142.676 15.832 2.567 1.749 5.218 137 5,346 142.676 15.832 2.567 1,749 5,218 137 11,557 107.813 13,294 11.557 107.813 13,294 662 960 621 35 775 621 35 775 863 2.441 6.895 994 77 2.441 6.895 994 77 200 1.325 2.457 3.834 2.325 364 85 1.488 4,883 460 395 474 720 2.502 1.923 1.821 370 4,883 460 395 474 720 2,502 1.923 1.821 370 1.325 2.457 334 2,325 364 85 196.371 196,371 150.753 150.753 12. Expenditure on ¢harilable activibes by fund type u[eStrIcted Funds Reslricted Total Funds Funds 2023 Charitable actiwties Support cosls 749.27S 378.430 703.492 48 1.452,767 378,478 1.127.705 704.540 1.831.245 unrestn.cled Funds Restricted Total Funds Funds 2022 Charitable actiwlies Support cost5 609.088 352.506 777,213 29.069 1.386.301 381,575 961.594 806.282 1.767.876 24
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Flnancial Statements Year ended 31 March 2023 13. Expendituie on Charitable actlvltles by activity type Actiwlies undertsken directfy Support Total fvnds costs 2023 Tot81 fund 2022 Charitable activity Govemance costs 1,452.767 370.378 8.100 1.823,145 8,11J) 1,745,917 21,959 1,452,767 378.478 1,831,245 1.767.876 14. Analysls of support costs Tolal 2023 Totsl 2022 Stsff costs Premises Equipment hire General office Governance costs "ight and heal Repairs and maintenance Insurance MoloT and travel costs Legal and professional costs Telephone Oepreciation Prinl, post & statnery Subscriptions Bank charges 250,752 715 5,375 6,792 8,100 3,417 38,343 15.086 4.759 18.248 4.737 17.138 731 241.125 348 5.305 93 21,959 956 35.923 10.214 3,242 23,836 5,D38 29,069 631 11 1.485 2,8(KJ 1,404 2.432 378.478 381,575 25
Shekinah Mission (Plymouth) Limited Company Limited by Guarantse Notes to the Financial Statements (c4JnlinuedJ Year ended 31 March 2023 15. Net incomel(expenditure) Net incomellexpenditurel is State(l after chargingl(crediling)= Group 2023 Group 2022 Charity 2023 Charity 2022 Deweaation of tangibk fixed assets 17,502 29.439 17.138 29,(A9 16. Staff costs The total staff costs aThJ employee benefrts for the reF(WtiThJ riod a analysed as follows.. 2023 2022 Wages and salaries Social security costs Employer contribLrtions to pension plans 1.464,572 125,837 27,877 1,262.480 97.877 22.040 1,618,286 1.382,397 The average head count of employees during the year was 82 (2022: 67). The average number of full-time equivalent employees during the year is analysed a5 follows.. 2023 No. 2022 No. Management and administraticfft of charity Charitable activities 75 61 82 67 No employee received emF4oyee benefits of more than £60,000 durh)g the year12022.. Nill. 17. Trustee remuneration and expenses No remuneraiion or other benefits from empknymenl wth the charity a related entity were received by the trustees. 26
Shekinah Mission (Plymouth) Limited Company Limitsd by Guarantee Notes to the Financial Statements f¢onllRu•d) Year ended 31 March 2023 18. Tangible fixèd assets - Group Freehold property Plant and machinery Motor vehides Total Cost At 1 April 2022 Additions Disposals At 31 March 2023 974.956 373.113 1741,3151 611,889 112.345 6.832 11.136) 118.041 2.589 1,089,890 379,945 1742.451) 727.384 2,589 Depreclation AI 1 April 2022 Charge for the year Disposals At 31 Mar¢h 2023 280.932 6,784 (246,6131 41,103 85.552 10.413 1376) 95,589 1.675 305 156 1.924 368.159 17.502 1247,045) 138,616 Carrying amount At 31 March 2023 570.786 22,452 665 588,768 At 31 March 2022 694,024 26,793 914 721,731 Tangible fixed assets - Charity Freehold property Plant and machinery Motor vehides Total Cost At 1 April 2022 AdditicS Disposals At JI March 2023 974,956 373,113 {741,3151 611.889 112.Cffj3 6.832 {9951 117.9() 1.370 1.088,389 379.945 1742,3101 726.024 1.370 Depreciation At 1 April 2022 Charge for the year Disposas At 31 March 2023 280.932 6,784 (246,613) 41,103 85,487 10.354 13761 95.465 1,370 367,789 17,138 (246.989) 137,938 .1.370 Carrying amount At 31 March 2023 570.786 22,435 588.086 Al 31 March 2022 694,024 26,576 720,600
Shekinah Mission {Plymouth) Llmlted Company Llmlted by Guarantee Notes to the Financial Ststements l¢onth Year ended 31 March 2023 19. Debtors Group 2023 Charity 2023 2022 2022 Trade debtors Prepaymerbts and accrued income Other debtors 22.931 22,114 7,857 36,349 50,249 15,874 21,714 18,184 3,356 35,809 50.249 4.369 52,9)2 102.472 43,254 90,427 20. Investments 2023 2022 Investments in group undertak$ 21. Creditors: amounts falling due within one year Group 2023 Charity 2023 2022 2022 Trade creditors Amounts ¢)wed lo group undertaknngs Accruals and deferred income Social security and ¢Xher taxes Other creditors 17.¢YA 23.719 14.381 25.851 114,435 45.446 52,946 21.350 45.787 62,676 29,420 51,974 118.699 47.674 53,047 64.027 31,096 52,974 236.484 171.816 253,059 211,207 22. Provisions 2023 2022 Dilapidation provi( 35,000 23. Deferred income 2023 2022 At 1 April 2022 Amount released to incwie Amount deferred in year At 31 March 2023 31.380 54.764 1721,3071 1325.7601 784,059 302,376 94.132 31.380 28
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Financial Ststements (continuad) Year ended 31 March 2023 24. Pensions and other p05t retirement benefits Defined contrlbution plans The amount recognised in incorne LY exKIllUTe as an expense in relation to defined u)ntribution plans was £27,87712022.. £22,040). 25. Analysis of charitable fvnds Unreslrfcted funds At 1 Apr 2022 Income Eynditure Transfers Gains and Al 31 March 2023 Gener31 funds Designated funds 568,339 1.262.59J (1,343.0291 181.753) 50.0(KI s25.0 64.673 520.820 575,000 618,339 1.262.590 {1,343,0291 443.247 64.673 1,045,820 At 1 A1 2021 Inccme Expenditure Transfers Gains and Al 31 March losses 2022 General funds Designated funds 541,526 1.047.054 11.125.046) 104.805 50.000 568.339 50,DOO 591.526 1.047.054 11.125.046) 104.805 618,339 Restrlcled funds Al 1 Wil 2022 IncCne Expenditure Transfers Gains and At 31 March losses 2023 Capital f(ems Other restricte(J fvnds Housing first Church revitalis81ion trust Leonard stocks centre Restorative justice $84.847 1395.196) 189.651 216.233 135.260 (140,6381 210,855 29).819 (297.8311 7,012 320.134 (265.0711 155,0631 801.080 746.213 703.540 1443.2471 400,506 Al 1 April 2021 Income Expendiiure Transfe Gains and At 31 March losses 2022 Capital items Other restricted funds Housing first Church TevitalisalK)n trust Leonard stocks centre Resiorative justice 613.916 (29.069) 584.847 195,478 233.794 (213,0391 216.233 305,662 {320.7g)) 15.128 121.635 241.682 {243.384) 1119.933) 931.029 781.138 {806.282) 1104.805) 801,080 29
Shekinah Mission (Plymouth) Limited Company Limited by Guarantee Notes to the Flnancial Statements {¢otttinu•o) Year ended 31 March 2023 26. Analysls of net assets between funds Unrestrided Funds Rostricted Tolal Fund5 Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year N•t a$s•ts 445,802 836.499 1236.481) 142.966 257,540 588,768 1,094.042 (236,4841 1.045,820 400,SC6 1.446.326 Unrestsicled FuThJs Restricted Tol81 Funds Funds 2022 Tangible fixed assets Current assets Creditors less than 1 year Creditor5 greater than 1 year Net assots 136.884 688,271 {171.816) 135,000) 618,339 584.847 216.233 721,731 904,S04 (171.816} 135,0001 1.419.419 801,080 27. Analysis of thanges in net debt At At 1 Apr 2022 Cash flows 31 Mar 2023 Cash at bank and in hand Debt due within one year Current assel investments 797.707 145,787) 236.032 19.936 1.033.739 125.851 } 751,922 255.968 1.7.890 28. Operntin9 lease cornrnitments The total ftjtijre minimum kase payments under non<Cellab1e operating leases are as follows: 2023 2022 Not later than 1 year Later than 1 year and not ler than 5 years Later Ihan 5 years 18.166 41.677 3,000 62,843 39.537 54,274 5.000 98.811 29. Related parti3 Shekinah Mission (pMIjth) Limited is the parent c(ryany of Shekinah Trading Ltd. At the year end the charity owed the subsidiary company £25.851 {2022.. £45.7871. This amount is repayaN8 on demand and no interest is charged on the Jtstsnding balance. During the year £3.150 12022: £1.640} was donated lo the charity by its trtsstees and Senior management team. 30