2022-03-31-accounts - Hastings And Rother Voluntary Association For The Blind

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to6
Independent Examiner's	Report
Statement ofFinancial	Activities	8to 9
Balance Sheet		10to 11
Statement ofCash Flows		12
Notes to the Financial	Statements	13to 26

			Unrestricted
					Total
			General	Restricted	2022
		Note
Income and Endowments	from:
Donations and legacies			175,009	21,961	196,970
Charitable activities			338,710		338,710
Other trading activities			138,066		138,066
Investment income			14,486		14,486
Total Income			666,271	21,961	688,232
Expenditure on:
Costs oftrading activities			(43,604)		(43,604)
StaffCosts			(58,928)		(58,928)
Investment management	costs		(7,019)		(7,019)
Charitable activities Governance costs			(666,419) ~(2,88D	(21,961)	(688,380) ~2,888
Total Expenditure			(778,850)	(21,961)	(800,811)
Unrealised gain/(loss) on	investments		2,801		2,801
Net expenditure			109,778)		(109,778)
Net movement in funds			(109,778)		(109,778)
Reconciliation offunds
Total funds brought forward			1,476,629	6,152	1,482,781
Total funds carried forward		20	1,366,851	6,152	1,373,003

				Unrestricted
						Total
				General	Restricted	2021
			Note	E	K
Income and Endowments		from:
Donations and legacies				302,207	31,666	333,873
Charitable activities				533,898		533,898
Other trading activities				58,108		58,108
Investment income				10,545		10,545
Total Income				904,758	31,666	936424
Expenditure on:
Costs oftrading activities				(39,407)		(39,407)
StaffCosts				(54,689)		(54,689)
Investment management		costs		(6,189)		(6,189)
Charitable activities Governance costs				(693,837) ~2,888)	(25,514)	(719,351) ~2880
Total Expenditure				(797,002)	(25,514)	(822,516)
Realised gain/(loss) on Unrealised gain/(loss)	investments on investments			120,469 79,690		120,469 79,690
Net income				307,915	6,152	314,067
Net movement in funds				307,915	6,152	314,067
Reconciliation offunds
Total funds brought forward				1,168,714		1,168,714
Total funds carried forward			20	1,476,629	6,152	1,482,781

		Balan	ce Sheet as at	31March 2022
					2022	2021
				Note
Fixed assets
Tangible assets				15	428,635	431,736
Investments				16	622,037	611,641
					1,050,672	1,043,377
Current assets
Stocks				17	3,712	3,527
Debtors				18	72,335	38,690
Cash at bank	and in hand				275,055	417,212
					351,102	459,429
Creditors: Amounts		falling due within	one year	19	(28,771)	20,025)
Net current	assets				322,331	439,404
Net assets					1,373,003	1,482,781
Funds ofthe	charity:
Restricted income funds
Restricted				20	6,152	6,152
Unrestricted	income	funds
Unrestricted					1,366,851	1,476,629
Total funds				20	1,373,003	1,482,781

Statement ofCash F	lows for the Year	Ended 31	March 2022
			2022	2021
		Note
Cash flows from operating activities
Net cash (expenditure)/income			109,778	314,067
Adjustments to cash flows from noncash	iteins
Depreciation			16,231	16,458
Investment income			(14,486)	(10,545)
Profit on disposal of investments			(43,865)	(120,470)
Revaluation ofinvestments			41,064	(79,690)
			1,056	194/47
			(1]0,834)	119,820
Working capital adjustments (Increase)/decrease in stocks		17	(185)	1/47
(Increase)/decrease in debtors Increase/(decrease) in creditors		18 19	(33,645) 8,746	37,341 6,282)
Net cash flows from operating activities			135,918)	152,126
Cash flows from investing activities
Interest receivable and similar income		6	21	51
Purchase oftangible fixed assets		15	(13,130)	(21,345)
Sale ofinvestments			I
Net cash flows from investing activities			13,108	21,294
Cash flows from financing activities Interest payable and similar charges Repayment ofcapital element offinance leases and HP contracts			6,869	5,989 2,124)
Net cash flows from financing activities			6,869	3,865
Net (decrease)/increase in cash and cash equivalents			(142,157)	134,697
Cash and cash equivalents at I April			417,212	282,515
Cash and cash equivalents at 31March			275,055	417,212

3 Income	from	donations and legacies
			Unrestricted
			funds	Restricted	Total
			Ceneral	funds	funds
Donations	and legacies;
Donations from		individuals	(1,537)	21,961	20,424
Legacies			5,000		5,000
Gift aid	reclaimed		4,275		4,275
Grants, including		capital grants;
Grants from other charities			167,271		167+71
Total for	2022		175,009	21,961	196,970
Total for	2021		302,207	31,666	333,873

4 Income from charitable activities
	Unrestricted
	funds	Total
	General	funds
Healey House	316,853	316,853
John Taplin Centre	16,071	16,071
Other services and assistance	5,786	5,786
Total for 2022	338,710	338,710
Total for 2021	533,898	533,898

5 Income from
	Unrestricted
	funds	Total
	General	funds
		f.
Trading income; Shop income from sale ofdonated goods and services Local fundraising and street collection income	132,067 5,999	132,067 5,999
Total for 2022	138,066	138,066
Total for 2021	58,108	58,108

6 Investment inc	o	me
				Unrestricted
				funds	Total
				General	funds
					f.
Income from dividends;
Dividends receivable			from other listed investments	14,465	14,465
Interest receivable	and		similar income;
Interest receivable		on bank deposits			21
Total for 2022				14,486	14,486
Total for 2021				10,545	10,545

a) Co	sts oftradi
			Unrestricted
			funds	Total
			General	funds
		Note
Costs Local	ofgoods sold fundraising and street collection		42,267 1,337	42,267 1,337
Total	for 2022		43,604	43,604
Total	for 2021		39,407	39,407

b) Investm	ent m
			Unrestricted
			funds	Total
			General	funds
		Note
Other investment management costs; Amounts payable to investment managers			7,019	7,019
Total for	2022		7,019	7,019
Total for	2021		6,189	6,189

8 Expenditure on charitable activities
	Unrestricted
	funds	Restricted	Total
	General	funds	funds
Healey House	561,912		561,912
John Taplin Centre	20,060		20,060
Other services and assistance	84,447	21,961	106,408
Total for 2022	666,419	21,961	688380
Total for 2021	693,837	25,514	719,351
	Activity
	undertaken	Grant funding	Total
	directly	of'activity	expenditure
			f,
Total for 2021	693,837	25,514	719,351

Governance costs
		Unrestricted
		funds	Total
		General	funds
Independent examiner fees
Examination ofthe financial	statements	2,880	2,880
Total for 2022		2,880	2,880
Total for 2021		2,880	2,880

10 Net incoming/outgoing	resources
Net (outgoing)/incoming	resources for the year include:
		2022f	2021
Profit on disposal ofinvestments		(43,865)	(120,469)
Depreciation offixed assets		16,231	16,458
Independent review fee		2,880	2,880

12 Staff costs The aggregate payroll costs were as foll	ows:
			2022	2021
Staffcosts during the year were:
Wages and salaries including employers Pension costs - employee and employer	national costs	insurance	525,118 27,008	530,375 30,318
			552,126	560,693

the year	express	ed as ful	l time equivalents was as follows:
					2021
					No
Nursing	and care staff			20		27
Day Centre				I
Administration,		welfare	and shop	5
				26		32

13 Independent	remuneration
		2022	2021
		K	f,
Examination ofthe financial	statements	2,880	2,880

15	Tangible fixed assets
		Land	and	Furniture and
		buildings		equipment	Motor vehicles	Total
		f,
Cost
At	1 April 2021	464,077		187,497	173,385	824,959
Additions				13,130		13,130
At	31March 2022	464,077		200,627	173,385	838,089
Depreciation
At	1 April 2021		65,173	181,512	146,538	393,223
Charge for the year			5,697	3,823	6,711	16,231
At	31 March 2022		70,870	185,335	153@49	409,454
Net book value
At	31March 2022	393,207		15,292	20,136	428,635
At	31March 2021	398,904		5,985	26,847	431,736

Other investments
					Listed
					investments	Total
Cost or Valuation
At 1 April 2021					595,204	595/04
Revaluation					(41,064)	(41,064)
Additions					169,640	169,640
Disposals
At 31March 2022					606,055	606,055
Cash held awaiting	investment				15,982	15,982
Net book value
At 31March 2022					622,037	622,037
Net Bookvalue at 31 March 2020f406,978
At 31March 2021 the cost was			f494,672 (2020:f369,698)
17 Stock
					2022	2021
Blind aids, batteries,	provisions		etc.		3,712	3,527
18 Debtors
					2022	2021
Resident fees due					19,174	14,300
Prepayments					27,490	20,772
Other debtors					25,671	3,618
					72,335	38,690
19 Creditors: amounts		falling	due within	one year
					2022	2021
Trade creditors					12,599	10,854
Other creditors					16,172	9,171
					28,771	20,025

20 Funds
						Other	Balance at
			Balance at 1	Incoming	Resources	recognised	31March
			April 2021	resources	expended	gains/(losses)	2022
			f,
Unrestricted
General
Unrestricted		funds	1,476,629	688@32	(800,811)	2,801	1,366,851
Restricted
Restricted	fund		6,]52				6,152
Total funds			1,482,781
						Other	Balance at
			Balance at 1	Incoming	Resources	recognised	31March
			April 2020	resources	expended	gains/(losses)	2021
Unrestricted
General
Unrestricted		funds	1,168,714	984,448	(797,002)	120,469	1,476,629
Restricted Restricted		fund		31,666	~25,514)		6,152
Total funds						129,469	1,482,781

		Unrestricted
				Total funds at
		General	Restricted	31March 2022
		f,
Tangible fixed assets Fixed asset investments Current assets		428,635 622,037 344,950	6,152	428,635 622,037 351,102
Current	liabilities	28,771)
Total net assets		1,366,851	6,152	1,373,003
		Uurestricted
				Total funds at
		General	Restricted	31March 2021
Tangible fixed assets Fixed asset investments		431,736 611,641		431,736 611,641
Current	assets	453,277	6,152	459,429
Current	liabilities	(20,025		(20,025)
Total net assets		1,476,629	6,152	1,482,781

22 Analysis ofnet funds
					At 31March
		At 1 April 2021		Cash flow		2022
				f,		f,
Cash at bank and in hand			417,212	(142,157)		275,055
Net funds			417,212	(142,157)		275,055
		t	pr	mancing cas	t	arc
			2020 f.	flowsf		2021
Cash at bank and in hand			282,515	134,697		417,212
Finance leases and hire purchase	contracts		2,124)	2,124
Net debt			280,391	136,821		417,212