2021-03-31-accounts - Homeless Action Resource Project

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										Page
Trustees'	annual report (incorporating				the	Directors'		report)		2-12
Independent auditor's		report to		the members						13-16
Statement	of Comprehensive		Income		(including		income and expenditure
account)										17
Statement	offinancial	activities		(including		income and expenditure			account)	18
Statement	offinancial	position								19
Statement	ofcash flows									20
Notes to the financial		statements								21-36
The following pages		do not	form part ofthe financial statements
Detailed statement of		financial		activities						37&0

Reference	Reference	and ad	and ad	ministrative	ministrative	details
Registered		Charity		name		Homeless Action	Resource Project
Trading	name					HARP (Southend's	Homelessness		Charity)
Charity registration				number		1098126
Company		registration			number	04666g86
Social Housing			Regulator			4742
number
Pdincipal	office		and	registered		146 New London	Road
office						Chelmsford
						Essex
						CM2 OAW
The Trustees						Alistair Barr (Honorary		Treasurer)
						lain Campbell
						Lilias Felton
						Richard Hair (Chair)
						Alex Kaye
						Michael Nevin (appointed 14 December				2020)
						Joanne Prestidge
						Mark Rothman
						Haroon Siddique
						Debbie Stanton
						Peter Thorn
						Yvonne Vickers
Key management						Jackie Bliss (Chief Executive)
						Nicolette Houston	(Director of Property			Development)
						Stephen Mansfield	(Director of Fundraising				and Communications)
						Jacqueline Saxby	(Director ofFinance			and	HR)
						Gary Turner (Director ofService Operations)
Auditor						Edmund Carr LLP
						Chartered Accountants		& Statutory	Auditor
						146 New London	Road
						Chelmsford
						Essex
						CM2 OAW

				2021	2020
				Total funds	Total funds
Turnover				5,693,683	4,321,682
Operating	expenditure			(4,415,640)	(3,629,448)
Operating	surplus I(deficit)			1,278,043	692,234
Interest receivable				155	185
Interest and financing		costs		(40,174)	(52,273)
Downward	revaluation	of housing	properties	(64,793)	(240,037)
Total comprehensive		income for	the year	1,173,231	400,109

					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note		8		f
Income and endowments
Donations and legacies			5	655,590	236,500	892,150	450,654
Charitable activities			6	3,139,323	728,423	3,867,746	3,200,838
Other trading activities				102,684	479,250	581,934	642,000
Investment income			8	155		155	185
Other income			9	351,698		351,698	28,190
Total income				4,249,450	1,444,233	5,693,683	4,321,867
Expenditure
Expenditure on raising funds:
Fundraising costs			10	170,722		170,722	169,045
Expenditure on charitable		activities	11,12	3,490,799	794,138	4,284,937	3,512,676
Total expenditure				3,661,521	794,138	4,455,659	3,681,721
Net income				587,929	650,095	1,238,024	640,146
Other recognised gains		and losses
Revaluation offreehold	property				(64,793)	(64,793)	(240,037)
Net movement in funds				587,929	585,302	1,173,231	400,109
Reconciliation offunds
Total funds brought forward				2,308,254	3,624,375	5,932,629	5,532,520
Total funds carried forward				2,896,183	4,209,677	7,105,860	5,932,629

Company registr 31st March 2021	ation number 04566985
		Note	2021	f	2020 f.
Fixed assets
Tangible fixed assets		18		7,083,097	6,524,817
Current assets
Debtors		19	647282		847,800
Cash at bank and in	hand		1,028,727		278,903
			1,676,009		1,126,703
Creditors: amounts	falling due within one year	20	355,876		348,139
Net current assets				1,320,133	778,464
Total assets less current liabilities				8,403,230	7,303,381
Creditors: amounts	falling due after more than one
year		21		1,297,370	1,370,752
Net assets				7,105,860	5,932,629
Funds ofthe Charity
Restricted funds				4,209,677	3,624,375
Unrestricted funds				2,896,183	2,308,254
Total Charity funds		22		7,105,860	5,932,629

				2021	2020
				K
Cash flows from operating		activities
Net income				1,238,024	640,146
Adjustments for:
Depreciation oftangible fixed assets				48,600	50,094
Other interest receivable and		similar income		(155)	(185)
Interest payable	and similar charges			40,174	57,474
Gain on disposal				(6,966)
Changesin:
Trade and other	debtors			200,518	(628,964)
Trade and other	creditors due in one year			7,737	249,623
Cash generated	from operations			1,527,932	368,188
Interest paid				(40,174)	(57,474)
Interest received				155	185
Net cash from operating activities				1,487,913	310,899
Cash flows from investing		activities
Purchase of tangible assets				(664,707)	(422,033)
Proceeds from sale oftangible assets
Long terms loan	for purchase	ofassets		(73,382)	(53,248)
Net cash used in	investing activities			(738,089)	(475,281)
Net increase (decrease) in		cash and cash	equivalents	749,824	(164,381)
Cash and cash	equivalents	at beginning	ofyear	278,903	443,284
Cash and cash	equivalents	at end ofyear		1,028,727	278,903

Donations
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
			8
Donations
Donations	655,590	236,560	892,150
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	E		E
Donations
Donations	379,586	71,068	450,654

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
							6
Grants from charitable		bodies				24,000	24,000
Statutory	contracts					704,423	704,423
Housing	benefit and service charges				3,139,323		3,139,323
					3,139,323	728,423	3,867,746
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
						6
Shop sales					389,113		389,113
Grants from charitable		bodies				27,143	27,143
Statutory	contracts					470,112	470,112
Housing	benefit and service charges				2,314,470		2,314,470
					2,703,583	497,255	3,200,838
Other trading activities
				Restricted	Total Funds	Restricted	Total Funds
				Funds	2021	Funds	2020
					6	6
Donations	from Charitable		trusts	1,500	1,500	28,500	28,500
Statutory	contracts for	Capital Projects		477,750	477,750	613,500	613,500
Shop sales				102,684	102,684
				581,934	581,934	642,000	642,000

Investment i	n	come
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			F		F
Bank interest		receivable	155	155	185	185
Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			E	F	E	E
Government	receipts re Covid
(Furlough/Retail		scheme)	345,321	345,321
Other income			6,377	6,377	28,190	28,190
			351,698	351,698	28,190	28,190

Fundraising	costs
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			E	6	E	E
Wages and	salaries		149,937	149,937	149,020	149,020
Activities					125	125
Rates 8 water			2,119	2,119
Equipment	and ITcosts		4,270	4,270	4,747	4,747
Motor and	travelling	expenses	2,423	2,423	1,982	1,982
Telephone			2,008	2,008	1,874	1,874
Printing, postage and stationery			1,688	1,688	2,599	2,599
Subscriptions			107	107	178	178
Marketing			8,170	8,170	8,520	8,520
			170,722	170,722	169,045	169,045

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		6	6	6
Services	to the homeless	2,933,632	794,138	3,727,770
Support	costs	557,167		557,167
		3,490,799	794,138	4,284,937
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		6	f	6
Services	to the homeless	2,344,738	591,640	2,936,378
Support	costs	576,298		576,298
		2,921,036	591,640	3,512,676

12.	Expendit	ure	on	charitab	le activitie	s by activity type
						Activities
						undertaken	Support	Total funds	Total fund
						directly	costs	2021	2020
						E	6	6	6
	Services	to the		homeless		3,727,770	399,758	4,127,528	3,334,067
	Governance		costs				157,409	157,409	178,609
						3,727,770	557,167	4,284,937	3,512,676
13.	Analysis	ofsupport costs
								Total 2021	Total 2020
								6	6
	Premises							249,037	287,245
	Communications			and IT				49,910	32,051
	General	office						100,811	78,393
	Governance		costs					153,209	178,609
								557,167	576,298
14.	Net income
	Net income is stated afier charging/(crediting):
								2021 f	2020
	Depreciation		of	tangible	fixed assets			48,601	50,094
	Loss/(gains)		on	disposal	oftangible	fixed assets
	Operating	lease		rentals				374,038	279,059
	Auditors	remuneration						11,750	12,000

								2021	2020
								6	6
Fees	payable	for	the	audit	ofthe	financial	statements	11,750	12,000

The tota	l staff costs and employee benefits for	the reporting period are analysed as f	ollows:
		2021	2020
Wages	and salaries	2,238,250	1,862,856
Social security costs		187,881	153,579
Pension	contributions	47,089	40,273
Agency	staff	215,985	166,964
		2,689,205	2,223,672

offull-time	eq	uivalent employees during the year is an	alysed as follows:
			2021	2020
			No.	No.
Chaditable	purposes		86	70
Management		and administration	7	7
			93	77

The num	ber	ofemployees whose remuneration	for the year fell within the following ban	ds, were:
			2021	2020
			No.	No.
660,000	to	f69,999	2
f70,000	to	g79,999	2

Tangible fixed assets
	Freehold	Motor
	property f	vehicles f	Equipment E	Total 0
Cost
At 1 April 2020	6,248,318	37,406	597,774	6,883,498
Additions	639,858	17,759	7,090	664,707
Disposals Revaluations	(64,794)		(8,362)	(8,362) (64,794)
At 31 March 2021	6,823,383	55,165	596,502	7,475,050
Depreciation
At 1 April 2020		15,613	343,067	358,680
Charge for the year		5,258	43,343	48,601
Disposals			(15,329)	(15,329)
At 31 March 2021		20,871	371,081	391,952
Carrying amount
At 31 March 2021	6,823,383	34,294	225,421	7,083,097
At 31 March 2020	6,248,318	21,794	254,705	6,524,817

under the		historical cost model are as follows:
			Freehold
			property
			K
At 31 March 2021
Aggregate		cost	9,209,978
Aggregate		depreciation
Carrying		value	9,209,978
At 31 March 2020
Aggregate		cost	8,768,232
Aggregate		depreciation
Carrying	value		8,768,232

Debtors
		2021 f	2020 2
Prepayments	and accrued income	41,714	746,420
Other debtors		605,568	101,380
		647,282	847,800

Creditors: amounts f	alling due within one year
		2021	2020
		6
Trade creditors		76,208	125,688
Accruals and deferred	income	145,523	120,847
Social security and other taxes		52,409	48,302
Bank and third party loans		81,736	53302
		355,876	348,139

Creditors: amounts	falling due after one year
		2021	2020
Bank and third party	loans	1,297,370	1,370,752
		1,297,370	1,370,752

Unrestri	cted	funds
				At				At 31 March
			1	April 2020	Income	Expenditure	Transfers	2021
				F	F	F.		F
General	funds			2,308,254	4,249,450	(3,661,521)	(777,750)	2,118,613
Property	development						777,750	777,750
				2,308,254	4,249,450	(3,661,521)		2,896,183
Unrestricted		funds
				At				At 31 March
			1	April 2019	Income	Expenditure	Transfers	2020
						5		5
General	funds			2,286,791	3,111,544	(3,090,081)		2,308,254
				2,286,791	3,111,544	(3,090,081)		2,308,254

	Balance at		Expenditure/	Capitalised	Balance at
	1 Apr 2020	Income	Revaluation	Expenditure	31 Mar 2021
			6	K
Southend Main Grant		118,528	(118,528)
Supporting People Grant
(contract)		76,000	(76,000)
Serving The Homeless		6,250	(6,250)
Southend Rough Sleeper		339,895	(339,895)
NSAP Essex Probation Trust		170,000 250	(250)		170,000
Bridgepoint		15,450			15,450
Nationwide Building Society	25,000		(25,000)
Essex Community Foundation Co-op		4,960 1,684	(4,960)		1,684
NHS Thurrock	12,000		(12,000)
Fowler Smith and Jones	4,000	5,000	(9,000)
Asda		900	(900)
Platt Rushton		25,000	(25,000)
Henry Smith Foundation Landaid —for under 25s		24,000 10,055	(16,659) (5,013)		7,341 5,042
Landaid Charitable Trust
Homeless Link (Covid fund)		5,352 90,349	(1,841) (90,349)		3,511
Skipton Community Tesco Over 25s		1,000 500 18,500	(1,000) (500) (8,072)		10,428
Leigh Lions Essex Freemasons	244	250	(244) (250)
Card Factory		500	(500)
Others		52,060	(51,927)		133
Funds Available to Spend	41,244	966,483	(794,138)		213,589
Capital Fund (Fixed Assets)	3,583,131	477,750	(504,043)	439,250	3,996,088
	3,624,375	1,444,233	(1,298,181)	439,250	4,209,677

Restricted funds
	Balance at 1 Apr 2019	Income 6	Expenditure/ Revaluation 6	Capitalised Expenditure F	Balance at 31 Mar 2020 f
Southend Main Grant		118,528	(118,528)
Supporting People Grant
(contract)		76,000	(76,000)
Big Lottery (contract)		27,143	(27,143)
Serving The Homeless	2,100	3,500	(5,600)
Southend Rough Sleeper		228,585	(228,585)
Southend sit up service		47,000	(47,000)
Nationwide Building Society Essex Community Foundation	753	50,000 3,000	(25,000) (3,753)		25,000
Screwfix NHS Thurrock Southend High School for boys	5,000	40,000 860	(5,000) (28,000) (860)		12,000
Fowler Smith and Jones
		4,000			4,000
Morrison Tesco's Groundwork Tampon Tax	3,000	12,650 1,000 10,000	(12,650) (4,000) (10,000)
Roses Charitable Trust		2,500	(2,500)
Skipton Community Trust		1,000	(1,000)
Leigh Lions		500	(256)		244
Others	200	4,600	(4,800)
Funds Available to Spend	11,053	630,866	(600,675)		41,244
Capital Fund (Fixed Assets)	3,234,676	613,500	(267,500)	2,455	3,583,131
	3,245,729	1,244,366	(868,175)	2,455	3,624,375

				Creditora:
				amounts falling
		Tangible fixed	Net current	due after more
		assets f	assets	than one year	Total 2021 f
Restricted	Income Funds:
Services to	the homeless	3,996,085	213,592		4,209,677
Unrestricted	Income Funds	3,087,012	1,106,541	(1,297,370)	2,896,183
Total Funds		7,083,097	1,320,133	(1,297,370)	7,105,860
				Creditors:
				amounts falling
		Tangible fixed	Net current	due after more
		assets f	assets 6	than one year	Total 2020 6
Restricted Income Funds:
Services to the homeless		3,583,130	41,245		3,624,375
Unrestricted	Income Funds	2,941,687	737,319	(1,370,752)	2,308,254
Total Funds		6,524,817	778,564	(1,370,752)	5,932,629