2022-03-31-accounts

Reference	Reference	and ad	and ad	ministrative	ministrative	details	details	details
Registered		Charity		name		Homeless Action Resource Project
Trading	name					HARP (Southend's	Homelessness		Charity)
Charity registration				number		1098126
Company		registration			number	04666986
Social Housing			Regulator			4y42
number
Principal	office		and	registered		146 New London Road
office						Chelmsford
						Essex
						CM2 OAW
The Trustees						Alistair Barr (Honorary		Treasurer)
						lain Campbell
						Lilias Felton
						Richard Hair (resigned		10January	2022)
						Alex Kaye (ceased	to be trustee 14March 2022)
						Michael Nevin
						Joanne Prestidge
						Michael Raffan (Chair)		(appointed	13	December 2021)
						Mark Rothman
						Haroon Siddique
						Debbie Stanton
						Peter Thorn
						Yvonne Vickers
Key management						Jackie Bliss (Chief	Executive) (retired			30June 2022)
						Vanessa Hemmings	(appointed 8August 2022)
						Nicolette Bowling (Director of Property				Development)
						Stephen Mansfield	(Director of Fundraising				and Communications)
						Jacqueline Saxby (Director ofFinance				and	HR)
						Gary Turner (Director of Service Operations)
Auditor						Edmund Carr LLP
						Chartered Accountants		&Statutory	Auditor
						146 New London Road
						Chelmsford
						Essex
						CM2 OAW
						Page 2

This	is calculated	as follows
Total	Funds (Note 23)		6,919,680
Less	Tangible Fixed Assets (Note 18)		(8,951,314)
Less	Designated	Reserves (Note 22)	(300,000)
Less	Designated	Funds (Note 22)	(10,571)
Plus	Long Terin	Liabilities	2,987,725
Free	reserves		8645,520

				2022	2021
				Total funds	Total funds
Turnover				4,862,759	5,693,683
Operating	expenditure			(4,844,112)	(4,415,640)
Operating	surplus I(deficit)			18,647	1,278,043
Interest receivable				18	155
Interest and financing		costs		(56,364)	(40,174)
Downward	revaluation	of housing	properties	(148,481)	(64,793)
Total comprehensive		income for	the year	(186,180)	1,173,231

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies				494,760	69,544	564,304	892,150
Charitable activities				3,296,394	509,247	3,805,641	3,867,746
Other trading activities				484,294		484,294	581,934
Investment income				18		18	155
Other income				8,502		8,502	351,698
Total income				4,283,968	578,791	4,862,759	5,693,683
Expenditure
Expenditure on raising funds:
Fundraising costs			10	174,873		174,873	170,722
Expenditure on charitable		activities	11,12	3,975,298	750,287	4,725,585	4,284,937
Total expenditure				4,150,171	750,287	4,900,458	4,455,659
Net income				133,797	(171,496)	(37,699)	1,238,024
Other recognised gains		and losses
Revaluation offreehold	property				(148,481)	(148,481)	(64,793)
Net movement in funds				133,797	(319,977)	(186,180)	1,173,231
Reconciliation offunds
Total funds brought fonNard				2,896,183	4,209,677	7,105,860	5,932,629
Total funds carried forward				3,029,980	3,889,700	6,919,680	7,105,860

Company registr 31st March 2022	ation number 04566985
			2022		2021
		Note			E
Fixed assets
Tangible fixed assets		18		8,951,314	7,083,097
Current assets
Debtors		19	136,370		647,282
Cash at bank and in	hand		1,359,116		1,028,727
			1,495,486		1,676,009
Creditors: amounts	falling due within one year	20	539,395		355,876
Net current assets				956,091	1,320,133
Total assets less current liabilities				9,907,405	8,403,230
Creditors: amounts	falling due after more than one
year		21		2,987,725	1,297,370
Net assets				6,919,680	7,105,860
Funds ofthe Charity
Restricted funds				3,889,700	4,209,677
Unrestricted funds				3,029,980	2,896,183
Total Charity funds				6,919,680	7,105,860

Year ended 3	1st March	2022
				2022	2021
Cash flows from operating		activities
Net (expenditure)	income			(37,699)	1,238,024
Adjustments for:
Depreciation oftangible fixed assets				41,465	48,600
Other interest receivable and		similar income		(18)	(155)
Interest payable	and similar	charges		56,364	40,174
Gain on disposal					(6,966)
Changesin:
Trade and other	debtors			510,912	200,518
Trade and other	creditors due in one year			183,517	7,737
Cash generated	from operations			754,541	1,527,932
Interest paid				(56,364)	(40,174)
Interest received				18	155
Net cash from operating activities				698,195	1,487,913
Cash flows from	investing	activities
Purchase oftangible assets				(2,058,161)	(664,707)
Proceeds from sale oftangible assets
Long terms loan	for purchase	ofassets		1,690,355	(73,382)
Net cash used in	investing activities			(367,806)	(738,089)
Net increase (decrease) in		cash and cash	equivalents	330,389	749,824
Cash and cash	equivalents	at beginning	ofyear	1,028,727	278,903
Cash and cash	equivalents	at end ofyear		1,359,116	1,028,727

			Unrestricted	Restricted	Total Funds
			Funds	Funds f	2022
Grants from charitable		bodies		86,000	86,000
Statutory	contracts			423,247	423,247
Housing	benefit and service charges		3,296,394		3,296,394
			3,296,394	509,247	3,805,641
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			F	E	E
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	Total Funds	Unrestricted	Restricted	Total Funds
			Funds	2022	Funds	Funds	2021
			E		E	E	E
Donations	from Charitable	trusts				1,500	1,500
Statutory contracts for Capital Projects						477,750	477,750
Shop sales			484,294	484,294	102,684		102,684
			484,294	484,294	102,684	479,250	581,934

			Unrestricted	Total	Funds	Unrestricted	Total	Funds
			Funds f		2022	Funds		2021 f
Bank	interest	receivable	18		18	155		155

Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds f	2022 f	Funds f	2021 f
Government	receipts re Covid
(Furlough/Retail		scheme)	8,102	8,102	345,321	345,321
Other income			400	400	6,377	6,377
			8,502	8,502	351,698	351,698

Fundraising costs
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
			f		f
Wages and salaries		160,122	160,122	149,937	149,937
Activities
Rates &water				2,119	2,119
Equipment and ITcosts		3,167	3,167	4,270	4,270
Motor and travelling	expenses	700	700	2,423	2,423
Telephone		2,184	2,184	2,008	2,008
Printing, postage and stationery		142	142	1,688	1,688
Subscriptions				107	107
Marketing		8,558	8,558	8,170	8,170
		174,873	174,873	170,722	170,722

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		E		F
Services	to the homeless	3,336,420	750,287	4,086,707
Support	costs	638,878		638,878
		3,975,298	750,287	4,725,585
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		p	p	p
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

Expenditure	on charitable activ	ities by activity type
		Activities
		undertaken	Support	Total funds	Total fund
		directly	costs	2022	2021
		p		K	E
Services to	the homeless	4,086,707	434,095	4,520,802	4,127,528
Governance	costs		204,783	204,783	157,409
		4,086,707	638,878	4,725,585	4,284,937

13.	Analysis of	sup	port costs
					Total 2022	Total 2021
	Premises				262,893	249,037
	Communications		and IT		54,960	49,910
	General office				116,243	100,811
	Governance	costs			204,782	153,209
					638,878	557,167
14.	Net income
	Net income	is stated after charging/(crediting):
					2022	2021
	Depreciation	of	tangible fixed assets		41,465	48,601
	Loss/(gains)	on	disposal oftangible	fixed assets
	Operating lease		rentals		440,317	374,038
	Auditors remuneration				11,750	11,750

								2022	2021
									E
Fees	payable	for	the	audit	ofthe	financial	statements	11,750	11,750

The total staff costs and employee benefits for	the reporting period are analysed as f	ollows:
	2022	2021
	E	E
Wages and salaries	2,355,030	2,238,250
Social security costs	211,659	187,881
Pension contributions	52,172	47,089
Agency staff	287,082	215,985
	2,905,943	2,689,205

number of	ful	l-time equivalent employees during the y	ear is analysed as follows:
			2022	2021
			No.	No.
Charitable	purposes		81	86
Management		and administration	8	7
			89	93

The number	of employees	whose remuneration	for the year fell within the following	bands, were:
			2022	2021
			No.	No.
F60,000 to	669,999			2
F70,000to	879,999			2

Tangible fixed assets
	Freehold	Motor
	property	vehicles	Equipment	Total
	p	E
Cost
At 1"April 2021	6,823,383	55,165	596,502	7,475,050
Additions	1,992,083		66,078	2,058,161
Disposals			(72,264)	(72,264)
Revaluations	(148,480)			(148,480)
At31"INarch 2022	8,666,986	55,165	590,316	9,312,467
Depreciation At 1"April 2021		20,871	371,081	391,952
Charge for the year		5,634	35,831	41,465
Disposals			(72,264)	(72,264)
At31"March 2022		26,505	334,648	361,153
Carrying amount
At31"INarch 2022	8,666,986	28,660	255,668	8,951,314
At 31"March 2021	6,823,383	34,294	225,421	7,083,097

		Freehold
		property
At 31 INarch 2022
Aggregate	cost	11,400,174
Aggregate	depreciation
Carrying	value	11,400,174
At 31 March 2021
Aggregate	cost	9,408,091
Aggregate	depreciation
Carrying value		9,408,091

Debtors
		2022	2021
Prepayments	and accrued income	94,090	41,714
Other debtors		42,280	605,568
		136,370	647,282

		2022	2021
		f	F
Trade creditors		320,499	76,208
Accruals and deferred	income	81,386	145,523
Social security and other taxes Bank and third party loans		54,174 83,336	52,409 81,736
		539,395	355,876

21.	Creditors; amounts	Creditors; amounts	Creditors; amounts	falling	due after one	due after one	year
											2022 f	2021 F
	Bank and third		party	loans						2,987,725		1,297,370
										2,987,725		1,297,370
	Of this amount,		capital of R2,552,986 (2020/21: E1,065,559) is due to be								repaid after	more than
	five years.
	Included within	bank loans and overdrafts				is	an amount of		E2,420,971(2020/21: E1,289,637)which
	is secured by	The Charity Bank Limited				by way of a		fixed charge		over	Vancouver	House, 36
	Genesta Road,		58York Road, 117York Road, 49a Southchurch Avenue, 49b Southchurch Avenue
	49c Southchurch		Avenue, 158 York Road,				160York Road and 162			York Road. There is also a
	floating charge		covering all the property			and undertaking			of the company.		The legal charge also
	contains a negative			pledge.	Also included		within bank		loans and	overdrafts is an		amount of
	f600,000 (2020/21: anil) which issecured					by Parochial Church Council ofthe Ecclesiastical Parish
	of Leigh by way		ofa fixed charge over 2 Ceylon Road.
22.	Analysis ofcharitable funds
	Unrestricted	funds
												At31"
					At 1"							March
					April 2021		Income	Expenditure		Transfers		2022
					E
	General funds				2,118,433		4,252,445		(4,119,171)		478,273	2,729,980
	Property development				777,750		31,523		(31,000)		(478,273)	300,000
					2,896,183		4,283,968		(4,150,171)			3,029,980
					At 1"							At31" March
					April 2020 F		Income	Expenditure		Transfers f		2021
	General funds				2,308,254		4,249,450		(3,661,521)		(777,750)	2,118,433
	Property development										777,750	777,750
					2,308,254		4,249,450		(3,661,521)			2,896,183

	Balance at		Expenditure/	Capitalised	Balance	at
	1 Apr 2021 f	Income f	Revaluation f	Expenditure f	31 Mar 2022 f
Southend Main Grant		59,264	(59,264)
Serving The Homeless		6,934	(6,934)
Southend Rough Sleeper		363,983	(363,983)
Henry Smith Foundation	7,341	86,000	(93,341)
Tesco Groundwork		2,500	(2,500)
NSAP	170,000		(170,000)
Bridgepoint	15,450		(15,450)
Nationwide Building Society		12,500	(12,500)
Co-op	1,684	3,388	(1)		5,071
Southend emergency fund		1,000	(1,000)
Fowler Smith and Jones		2,000	(2,000)
Asda		500				500
LandAid —for under 25s	5,042		(5,042)
Rosca Trust		2,500	(2,500)
LandAid Charitable Trust	3,511		(3,511)
Over 25s	10,428		(10,428)
B8Q gardening project		5,000			5,000
Others	133	1,700	(1,833)
Funds Available to Spend	213,589	547,269	(750,287)		10,571
Capital Fund (Fixed Assets)	3,996,088	31,522	(179,481)	31,000	3,879,129
	4,209,677	578,791	(929,768)	31,000	3,889,700

	Balance at		Expenditure/	Capitalised	Balance at
	1 Apr 2020 f	Income	Revaluation f	Expenditure	31 Mar 2021 F
Southend Main Grant		118,528	(118,528)
Supporting People Contract		76,000	(76,000)
Serving The Homeless		6,250	(6,250)
Southend Rough Sleeper		339,895	(339,895)
NSAP		170,000			170,000
Essex Probation Trust		250	(250)
Bridgepoint		15,450			15,450
Nationwide Building Society	25,000		(25,000)
Essex Community Foundation		4,960	(4,960)
Co-op		1,684			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		24,000	(16,659)		7,341
LandAid —for under 25s		10,055	(5,013)		5,042
LandAid Charitable Trust		5,352	(1,841)		3,511
Homeless Link (Covid fund)		90,349	(90,349)
Skipton Community		1,000	(1,000)
Tesco		500	(500)
Over 25s		18,500	(8,072)		10,428
Leigh Lions	244		(244)
Essex Freemasons		250	(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

Analysis of	net assets betwee	n funds
				Creditors:
				amounts falling
		Tangible fixed	Net current	due after more
		assets	assets	than one year	Total 2022
Restricted	Income Funds:
Services to	the homeless	3,996,607	(106,907)		3,889,700
Unrestricted	Income Funds	4,954,707	1,062,998	(2,987,725)	3,029,980
Total Funds		8,951,314	956,091	(2,987,725)	6,919,680
				Creditors:
				amounts falling
		Tangible fixed	Net current	due after more
		assets	assets	than one year	Total 2021
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

Operating lea	se commit	ments
The total future	minimum	lease payments	under non-cancellable	operating	leases are	as follows:
					2022 f	2021
Not later than	1 year				521,123	393,582
Later than 1 year and not		later than 5years			733,170	718,960
				1,254,293		1,125,542