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2022-03-31-accounts

St Luke's Community and Regeneration Enterprises

Charity number 1097720

A company limited by guarantee number 04667244

Annual Report and Financial Statements

for the year ended 31 March 2022

St Luke's Community and Regeneration Enterprises

Annual Report and Financial Statements for the year ended 31 March 2022

Contents Page
Trustees' report 2 to 6
Examiner's report 7
Statement of financial activities 8
Balance sheet 9
Statement of cashflows 10
Notes to the accounts 11 to 19

Prepared by West Yorkshire Community Accountancy Service CIO

1

St Luke's Community and Regeneration Enterprises

Trustees' report for the year ended 31 March 2022

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Position Dates Alistair Kaye Chair Susan Richardson Matthew Pearson Phillip Smith Charity number 1097720 04667244

Charity number Company number

Registered in England and Wales Registered in England and Wales

Registered and principal address

Bankers

Beeston Hill United Free Church HSBC Bank Plc Malvern Road City Branch Leeds 33 Park Row LS11 8PD Leeds LS1 1LD

Independent examiner

Simon Bostrom FCIE

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 17 February 2003. It is governed by a memorandum and articles of association as amended on 20 May 2003 and 24 May 2017. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

The charity has a board of trustees who meet every 2 months and are responsible for the strategic direction and policy of the charity. The day to day work of the charity is organised by paid employees who manage the projects and co-ordinate the activities of the staff.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

2

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2022

Trustee Recruitment, Induction and Training

The charity ensures that it engages effectively with the community it serves, responds equitably to the needs of its users, and increases its own accountability and wider public confidence in its work by ensuring that the mix of trustees reflects the local area and includes people from varied minority groups. If representation on the board does not reflect the areas of need, active recruitment to redress this balance will be carried out. Whenever a trustee departs a skills audit of the board will is done. Efforts at recruiting a replacement will take account of the skills audit and of the skills being lost by the departure. Consideration will also be given to any specific roles or duties that the individual leaving the board was undertaking. Trustees are voted in at the AGM.

Prospective trustees are given information to read about the activities of the charity and encouraged to meet with the Chief Executive Officer to gain insight into the responsibilities of being a trustee. New trustees are offered training in line with the charities aims and objectives as well as training in trustee responsibilities and roles. New trustees will also be encouraged to spend time in projects and with staff to gain greater insight into the organisation.

Pay Policy for Senior Staff

Remuneration of senior staff is reviewed annually by the board of trustees and paid in accordance with average earnings of other organisations delivering similar activities of a similar size in the voluntary sector.

Objectives and activities

The charity's objects

To develop the capacity and skills of the members of the socially and economically disadvantaged community of Leeds 11 in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

The charity's main activities

Providing a varied youth programme to support vulnerable girls (The Shine Project) and vulnerable boys (The Rise Project) living in inner South Leeds.

Operating a series of social enterprises (charity retail and a nail bar) to provide local employment, and training. As well as the additional benefits of diverting goods from landfill.

Additional projects designed to meet emerging community needs including supporting over 50s, supporting NHS campaigns and support for local community events.

Public benefit statement

The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities, in particular, consider how planned activities will contribute to the objectives they have set.

3

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2022

Achievements and performance

The Trustees have been delighted with how the charity has navigated and responded the year following the COVID Pandemic. A year in which the charity has worked hard to get back to pre-pandemic status while continuing to support the young people and communities in south Leeds. We continue to be impressed with the broad range of community engagement and the important role the charity plays in the community while building links with other local stakeholders.

This year has also seen staff changes: maternity leave of the CEO has been smoothly handed over to two senior staff members who have seamlessly taken over the role bringing fresh ideas and continued inspiration to the team. The finance manager retired but with an excellent handover this role has also continued to grow and continue the smooth running of the finance of the charity.

The Shine and Rise Projects has continued to engage with young people in the local community providing a wide variety of positive activities to increase social well-being and emotional support for those with mental health issues. Since the pandemic there has been a steady flow of referrals to both projects, the majority of which are for mentoring and one-to-one support with an increase in those with challenging mental health needs. Both projects have offered term time activities and a successful school holiday provision for young people on free school meals. This year has seen an increase in collaborative work through our ‘Better Together’ project helping to tackle social inequalities with organisations such as Health for All, Holbeck together, and Asha Neighbourhood project. With successful outreach campaigns at the charity shop, ‘Shine young mums’ Group, Beeston Festival, and Holbeck gala.

First Steps Retail and Warehouse course has had a fantastic first year back after the pandemic, the new warehouse element, and the addition of Esol classes has proved to be really popular and the shop has benefited greatly from trained volunteers joining the ranks. Through Esol we have made new links with local primary schools and strengthened links with Asha Neighbourhood project, and other local organisations. The community cinema project funded through Leeds Civic Trust has been so popular especially with local families, joining with the Palestinian Film Festival was very successful and they are very keen to screen more films with us.

The charity shop has now taken over the collection and distribution of Free School Uniforms for our area and the Free Winter Coat Scheme, alongside Zero Waste Leeds, and local primary schools. And we are really proud to be part of the new Save Money, Save the Planet Campaign for South Leeds.

As we move into the colder months and thoughts turn towards expanding energy costs, inflation and living cost rising we will aim to support our community where we can. At the shop we will host warm afternoons, which will be a collaboration between the shop and the Shine project.

Our ABCD workers continue in their outreach work throughout the community, making the plans and ideas of local people become reality. Giving people a chance to change their surroundings and feel empowered.

St Luke’s CARES continues to be a Real Living Wage Employer, offering this to our employees at this vital time to provide greater security and stability during these difficult times.

Financial review

The net expenditure for the year was £61,283, including net expenditure of £22,656 on unrestricted funds and net expenditure of £38,627 on restricted funds.

4

St Luke's Community and Regeneration Enterprises

Trustees' report (continued) for the year ended 31 March 2022

Reserves policy

The charity’s policy is to hold unrestricted reserves of between 3 to 6 months future budgeted expenditure. On the basis of planned expenditure of approximately £520,000 that would equate to between £130,000 and £260,000.

The purpose of holding reserves is to enable the smooth running of the charity and to enable an orderly winding up should the charity need to close.

The charity's free reserves, excluding fixed assets, at the year end were £52,171. The charity's total reserves were £229,501, of which £105,461 relates to restricted funds. Within the remaining funds, £3,719 was the value of tangible fixed assets. This leaves a balance of £118,939 total free reserves.

However, this sum includes £100,142 investments which are actually readily realisable and long term liabilities (bounce back loan) of £31,992. Excluding these items leaves £52,171 being the effective short term working capital.

Whilst the total free reserves figure is a little below the lower limit of the policy, the trustees are confident that position is improving in the current year.

Going concern

We have produced a cash flow forecast for the current year and 2 following years. Each month we have reviewed this forecast and adjusted assumptions accordingly. The cash flow forecast provides a good indication of the ongoing financial position of the organisation, factoring in the continuing uncertain times we are in.

We did not identify any material uncertainties that cast significant doubt on the organisation’s ability to continue as a going concern.

Plans for future periods

The charity plans to continue all its programmes and projects in the coming year subject to satisfactory funding arrangements, in the year ending March 2022 the charity plans to:

5

St Luke's Community and Regeneration Enterprises Trustees' report (continued) for the year ended 31 March 2022

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on …………..……...…….

Signed: ………………..…………. (Trustee)

Name: ……………..…..………….

6

St Luke's Community and Regeneration Enterprises

Independent examiner's report to the trustees of St Luke's Community and Regeneration Enterprises

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 8 to 19.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: …………………………………… Name: Simon Bostrom FCIE

Date: …………………….

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

7

St Luke's Community and Regeneration Enterprises

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2022

Notes
2022
Unrestricted
funds
£
Income from:
Donations and legacies
15,433
Charitable activities
(2)
6,770
Other trading activities
(3)
240,139
Other income
201
Bank interest
-
Total income
262,543
Expenditure on:
Fundraising costs
(4)
193,395
Charitable activities
(5)
97,593
Total expenditure
290,988
Net gains/(losses) on investments
5,789
Net income / (expenditure)
(22,656)
Fund balances brought forward
146,696
Fund balances carried forward
(6)
124,040		 2022
Restricted
funds
£
-
230,461
-
-
-
230,461
-
269,088
269,088
-
(38,627)
144,088
105,461		 2022
Total
funds
£
15,433
237,231
240,139
201
-
493,004
193,395
366,681
560,076
5,789
(61,283)
290,784
229,501		 2021
Total
funds
£
2,181
368,042
113,817
122
5
484,167
105,228
336,619
441,847
15,906
58,226
232,558
290,784

All incoming resources and resources expended derive from continuing activities.

8

St Luke's Community and Regeneration Enterprises

Balance sheet

as at 31 March 2022
2022
Unrestricted
£
Fixed assets
Tangible assets
(7)
3,719
Investments
(8)
100,142
Total fixed assets
103,861
Current assets
Debtors and prepayments
(9)
4,083
Cash at bank and in hand
(10)
66,453
Total current assets
70,536
Current liabilities:
amounts falling due within one year
Creditors and accruals
(11)
18,365
Total current liabilities
18,365
Net current assets / (liabilities)
52,171
Total assets less current liabilities
156,032
Creditors: amounts falling due after one year
(12)
31,992
Net assets
124,040
Funds
Unrestricted funds
124,040
Restricted funds
-
Total funds
124,040		 2022
Restricted
£
-
-
-
17,233
88,228
105,461
-
-
105,461
105,461
-
105,461
-
105,461
105,461		 2022
Total
£
3,719
100,142
103,861
21,316
154,681
175,997
18,365
18,365
157,632
261,493
31,992
229,501
124,040
105,461
229,501		 2021
Total
£
5,980
94,353
100,333
26,196
217,337
243,533
11,415
11,415
232,118
332,451
41,667
290,784
146,696
144,088
290,784

For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on …………..……...…….

Signed: ……………...………….…. (Trustee)

Name: ……………..…..………….

9

St Luke's Community and Regeneration Enterprises

Statement of cash flows

for the year ended 31 March 2022

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Dividends and interest
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Repayments on borrowing
Cash inflows from new borrowing
Net cash provided by (used in) financing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Depreciation charges
Dividends and interest from investments
Interest payable on loan finance
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the SOFA)
Cash in hand		 2022
£
(53,782)
-
-
-
-
(8,874)
-
(8,874)
(62,656)
217,337
154,681
2022
£
(61,283)
2,261
(5,789)
968
4,880
5,181
(53,782)
2022
£
134
154,547
154,681		 2021
£
54,290
5
(8,241)
-
-
(8,236)
-
50,000
50,000
96,054
121,283
217,337
2021
£
58,226
3,436
(15,911)
-
8,580
(41)
54,290
2021
£
576
216,761
217,337

10

St Luke's Community and Regeneration Enterprises

Notes to the accounts

for the year ended 31 March 2022

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated goods for resale are valued at the amount actually realised upon their sale.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Computer equipment: over 3 years Motor vehicles: over 4 years Other equipment: over 5 years

11

St Luke's Community and Regeneration Enterprises

Notes to the accounts

for the year ended 31 March 2022

1 Accounting policies continued

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

12

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2022

2 Charitable activities
2022
Unrestricted
funds
Grants:
£
BBC Children In Need Fund (CIN)
-
Cyclists Club UK
-
Health for All
HMRC Job Retention Scheme
-
Leeds City Council (LCC)
6,000
Leeds Community Foundation (LCF)
-
Leeds Older Peoples Forum
National Lottery Community Fund (First steps)
-
National Lottery Community Fund (Shine)
-
National Lottery Community Fund (Bike Project)
-
Street Games UK
-
West Yorkshire Combined Authority (WYCA)
-
City Connect
-
Co-op foundation
-
Joanna Project
-
National Lottery Community Fund (Takeover days
-
National Lottery Community Fund (Together)
-
Neighbourly Community Fund
-
Sport England
-
Warburtons
-
Fees:
-
Community work fee income
-
Youth work fee income
770
6,770
3 Other trading activities
2021
Unrestricted
funds
£
Charity shop sales
185,689
LCC Covid grants
37,014
LCC Kickstart funding
10,930
Nail bar grants
-
Minibus hire
6,476
Room and equipment hire
30
240,139		 2022
Restricted
funds
£
25,036
2,416
3,275
1,545
60,600
21,000
1,423
80,272
10,000
9,998
3,000
11,768
-
-
-
-
-
-
-
-
128
-
230,461
2021
Restricted
funds
£
-
-
-
-
-
-
-		 2022
Total
funds
£
25,036
2,416
3,275
1,545
66,600
21,000
1,423
80,272
10,000
9,998
3,000
11,768
-
-
-
-
-
-
-
-
128
770
237,231
2021
Total
funds
£
185,689
37,014
10,930
-
6,476
30
240,139		 2021
Total
funds
£
41,021
2,960
-
126,592
34,500
19,960
-
-
-
-
6,000
4,960
42,110
5,602
28,910
40,602
400
9,425
5,000
-
-
368,042
2020
Total
funds
£
45,984
59,143
-
8,467
223
-
113,817

13

St Luke's Community and Regeneration Enterprises Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2022

4 Fundraising costs
2022
Unrestricted
funds
£
Staffing
91,658
Office and administration
161
Premises costs
21,590
PAT testing and DBS checks
665
Project activities
6,260
Phone and internet
2,736
Travel and transport
4,058
Insurance
400
Utilities
5,331
Selling fees
5,805
Bank charges and card machine fees
39
Purchases
5,148
Delivery costs
46,913
Depreciation
730
Other shop expenses
1,901
193,395
5 Charitable activities
2022
Unrestricted
funds
£
Staffing
53,463
Payroll charges
2,759
Office and administration
450
Equipment and vehicle hire
4,608
IT expenditure
1,059
Marketing and publicity
2,659
Premises costs
9,247
Subscription fees and DBS checks
797
Project activities
8,439
Phone and internet
1,533
Training
87
Travel and transport
3,015
Insurance
2,622
Utilities
-
Independent examination
2,000
Bank charges
1,526
Grants and donations
1,393
Depreciation
1,531
Funding returned
-
HR services
405
97,593		 2022
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2022
Restricted
funds
£
206,469
-
18
-
3,031
2,566
2,562
127
29,956
1,144
3,721
3,740
-
-
-
-
-
-
9,037
6,717
269,088		 2022
Total
funds
£
91,658
161
21,590
665
6,260
2,736
4,058
400
5,331
5,805
39
5,148
46,913
730
1,901
193,395
2022
Total
funds
£
259,932
2,759
468
4,608
4,090
5,225
11,809
924
38,395
2,677
3,808
6,755
2,622
-
2,000
1,526
1,393
1,531
9,037
7,122
366,681		 2021
Total
funds
£
42,415
2,639
28,421
685
1,015
1,929
505
3,508
3,154
1,069
627
7,405
9,701
1,341
814
105,228
2021
Total
funds
£
282,350
2,628
1,151
99
460
2,234
15,664
2,618
14,288
2,206
1,164
2,233
2,681
632
2,000
396
1,720
2,095
-
-
336,619

14

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2022

6 Restricted funds
ABCD 2021/22
ABCD 2022/23
Small Sparks Basketball group
ABCD 2020/21
Awards for All Shine
Baby Shine group
National Lottery Take over days
Awards for all Bike project
CIN Brighter Futures
CIN - RISE Project
Co-op BC Youth Fund
Big Bike fix project
National Lottery (Electrics)
National Lottery (First Steps)
Healthy Holidays (Easter)
Healthy Holidays (summer)
HMRC Job Retention Scheme
LCF Jimbo's fund
Leeds Civic Trust
Children in Need RISE
High Sherriff of West Yks Fund
Shine CSE Project
Voilence Reduction Unit
Fairhurst Fund
LCF IWill
SNBC
Sport England
Street Games UK
NLCF Together
Warburtons
WYCA Rise 2021/22
WYCA Rise 2022/23
LCC Youth Activities
National Lottery (Try)		 Balance b/f
£
4,278
7,226
20,331
22,064
4,278
16,229
4,243
14,960
158
6,000
4,397
4,688
684
8,798
9,037
1,927
3,010
11,780
144,088		 Incoming
£
25,000
25,000
3,051
-
10,000
3,275
-
9,998
15,049
-
-
7,616
-
80,272
4,000
7,000
1,545
-
7,000
9,987
-
-
6,568
-
-
-
-
3,000
-
-
-
2,500
9,600
-
230,461		 Outgoing
£
16,402
-
4,816
7,226
4,399
2,099
20,331
2,615
30,451
3,913
16,229
7,616
4,243
50,182
4,000
7,000
1,545
14,960
1,364
4,711
158
6,000
6,568
4,397
4,688
684
8,798
3,000
9,037
1,927
3,010
468
4,471
11,780
269,088		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance c/f
£
8,598
25,000
2,513
-
5,601
1,176
-
7,383
6,662
365
-
-
-
30,090
-
-
-
-
5,636
5,276
-
-
-
-
-
-
-
-
-
-
-
2,032
5,129
-
105,461

15

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2022

6 Restricted funds

Fund name

Purpose of restriction

ABCD 2021/22 ABCD 2022/23 Small Sparks Basketball group ABCD 2020/21

To run an Asset Based Community Development Project in South Leeds To run an Asset Based Community Development Project in South Leeds Funding distributed to a local community group and initiative To run an Asset Based Community Development pilot project in South Leeds

Awards for All Shine

Support sessions, for at risk girls who need support for emotional need, employment & educational support Emotional and well-being support for young mums in the local community. Positive activities for toddlers

Baby Shine group

To deliver community based courses and volunteering at the Charity Shop A boy’s group for disengaged boys to access a local bike park, build positive relationships with workers and takes steps to return to education settings Funding for the Brighter Futures project

National Lottery Take over days Awards for all Bike project

CIN Brighter Futures CIN - RISE Project Co-op BC Youth Fund Big Bike fix project

A project supporting young men by providing mentoring and group work Funding to support young people facing loneliness

For boys in the local community involved in anti-social behaviour, a group to develop skills around bike maintenance and building social skills such as teamwork

National Lottery (Electrics) National Lottery (First Steps)

Towards the Engage With Electrics project at the Dewsbury Rd shop To run Retail and Warehouse Level 1 Accredited course, supported volunteering and ESOL classes to our community from the Charity shop Providing meals, activities and trips for young people receiving free school meals during the summer holidays.

Healthy Holidays (Easter)

Healthy Holidays (summer)

Providing meals, activities and trips for young people receiving free school meals during the summer holidays.

HMRC Job Retention Scheme LCF Jimbo's fund Leeds Civic Trust

Funding for staff costs under the Government furlough scheme Funding towards the Rise project costs

Leeds Civic Trust To return part of the warehouse to its original use as a cinema looking at the heritage of the building and other cinemas in the area. And looking at how important film is to all members of the community. Children in Need RISE Group and one to one support for boys at risk of exploitation High Sherriff of West Yks Fund Funding via LCF towards costs of the Rise project Shine CSE Project To provide one to one mentoring to young people at risk of exploitation Voilence Reduction Unit One to one support, group work to reduce violence towards girls and women. Improving safety for girls in the community Fairhurst Fund Funds received via LCF towards the shine project LCF IWill Social action project with young people SNBC Funding towards Nail bar project costs Sport England Towards the Rise project Street Games UK Getting girls more active after COVID NLCF Together COVID response funding, providing support during the pandemic. Warburtons Emergency COVID support fund WYCA Rise 2021/22 Funding towards the Rise project costs WYCA Rise 2022/23 Funding towards the Rise project costs LCC Youth Activities Improving well-being, social skills and resilience for young people postCovid through after school activities and groups National Lottery (Try) To deliver community based courses and volunteering at the Charity Shop

16

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2022

7
8
9
10
**11 **		 Tangible assets
Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Fixed assets investments
Balance b/f
Additions
(Disposals)
Gain / (loss) on revaluation
Total
Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
Cash at bank and in hand
Cash at bank
Cash in hand
Creditors and accruals
Credit card
Bank loans and overdrafts
Creditors
Accruals
Other creditors		 £
50,083
-
50,083
47,022
1,531
48,553
1,530
3,061
2022
Listed
investments
£
94,353
-
-
5,789
100,142
Computers		 £
11,861
-
11,861
8,942
730
9,672
2,189
2,919
2022
Total
£
94,353
-
-
5,789
100,142
2022
£
-
1,692
17,233
2,391
21,316
2022
£
154,547
134
154,681
2022
£
916
10,103
3,519
2,000
1,827
18,365
Office
equipment		 Total
£
61,944
-
61,944
55,964
2,261
58,225
3,719
5,980
2021
Total
£
78,447
-
-
15,906
94,353
2021
£
715
2,168
23,313
-
26,196
2021
£
217,204
133
217,337
2021
£
119
8,333
963
2,000
-
11,415

17

St Luke's Community and Regeneration Enterprises

Notes to the accounts continued

for the year ended 31 March 2022

Notes to the accounts continued
for the year ended 31 March 2022
**12 ** Creditors: amounts falling due after one year 2022 2021
£ £
Bank loans 31,992 41,667
31,992 41,667
**13 ** Staff costs and numbers
Gross salaries
Social security costs
Pensions
Redundancy
External supervision
Freelancers, secondments and volunteers		 2022
£
319,729
16,760
8,272
-
1,260
4,382		 2021
£
298,337
14,664
7,729
1,335
2,200
500
350,403 324,765
Defined contribution pension scheme
2022
£
Costs of the scheme to the charity for the year
8,272
Amount of any contributions outstanding at the year end
-
The average number of employees during the year was 9.1, being an average of 5.6 full time
(2021: 20.3, 14.4 FTE). There were no employees with emoluments above £60,000.		 2021
£
1,335
-
equivalent

14 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £108,466 (previous year: £100,349).

15 Operating leases

Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
16 Funds held as agent
Balance b/f
Incoming
£
£
Shine Nail Bar Collective
-
763
-
763
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2022
£
21,250
85,000
56,667
162,917
Outgoing
£
-
-		 2021
£
27,097
84,996
77,957
190,050
Balance c/f
£
763
763

18

St Luke's Community and Regeneration Enterprises

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022

2022
2021
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
15,433
2,181
Charitable activities
6,770
5,602
Other trading activities
240,139
105,350
Other income
201
122
Bank interest
-
5
Total income
262,543
113,260
Expenditure
Fundraising costs
193,395
105,228
Charitable activities
97,593
47,710
Total expenditure
290,988
152,938
Net gains/(losses) on investments
5,789
15,906
Net income / (expenditure)
(22,656)
(23,772)
Transfers between funds
-
4,592
Net movement in funds
(22,656)
(19,180)
Fund balances brought forward
146,696
165,876
Fund balances carried forward
124,040
146,696		 2022
Restricted
funds
£
-
230,461
-
-
-
230,461
-
269,088
269,088
-
(38,627)
(38,627)
144,088
105,461		 2021
Restricted
funds
£
-
362,440
8,467
-
-
370,907
-
288,909
288,909
81,998
(4,592)
77,406
66,682
144,088		 2022
Total
funds
£
15,433
237,231
240,139
201
-
493,004
193,395
366,681
560,076
5,789
(61,283)
-
(61,283)
290,784
229,501		 2021
Total
funds
£
2,181
368,042
113,817
122
5
484,167
105,228
336,619
441,847
15,906
58,226
-
58,226
232,558
290,784

19