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|||||||Pages|
|---|---|---|---|---|---|---|
|Trustees'
Annual
Report (incorporating||||the|Director's Report)|1 to11|
|Independent|Auditor's|Report to|the Trustees|||12to 15|
|Statement|of Financial|Activities|(including||Income and||
|Expenditure|Account)|||||16|
|Statement|of Financial|Position||||17|
|Statement|of Cash Flows|||||18|
|Notes to the Financial||Statements||||19to 33|
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|Reference|and administrative|and administrative|and administrative|details|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Registered|charity|name||Living Options||Devon|||||
|Charity registration||number||1102489|||||||
|Company|registration||number|04925281|||||||
|Principal office and||registered||Units 3-4|Cranmere||Court||||
|office||||Lustleigh|Close||||||
|||||Mafford Business Park|||||||
|||||Exeter|||||||
|||||EX28PW|||||||
|The trustees||||A Barge (Chairman)|||||||
|||||S Fallon|||||||
|||||T G Naldrett|||||||
|||||B Imeson|||||||
|||||R Manley|||||||
|||||C R Holmes|||||(Appointed|29 June 2022)|
|||||C Radclyffe|||||(Appointed|15March 2023}|
|||||S Hyde|||||(Appointed|28 June 2023)|
|||||C Thorpe|||||(Retired 29|June 2022)|
|Company|secretary|||D King|||||||
|Auditor||||Westcotts|(SW) LLP||||||
|||||Chartered|Accountants|||& Statutory|Auditor||
|||||26-28 Southerhay|||East||||
|||||Exeter|||||||
|||||Devon|||||||
|||||EX1 1NS|||||||
|Bankers||||Lloyds|||||||
|||||234 High|Street||||||
|||||Exeter|||||||
|||||EX43NL|||||||
|Solicitors||||Kitson LLP|||||||
|||||The Forum|||||||
|||||Barnfield|Road||||||
|||||Exeter|||||||
|||||Devon|||||||
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|||Ye|ar end|ed 31 March|2023|||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
|||||Unrestricted|Restricted|||
|||||funds|funds|Totalfunds|Total funds|
||||Note|6|f|6|f|
|Income||||||||
|Donations
and legacies|||5|10,977|1,133|12,110|5,134|
|Charitable
activities|||6|1,801,117|118,098|1,919,213|1,981,738|
|Investment
income|||7|377||377|27|
|Other income||||288||266||
|Total Income||||1,812,737|119,229|1,931,966|1,986,897|
|Expenditure||||||||
|Expenditure
on charitable||activities|8,9|1,870,863|128,327|1,999,190|2,032,842|
|Total expenditure||||1,870,883|128,327|1,999,190|2,032,842|
|Net (expenditure)/income||and net||||||
|movement
In funds||||(58,126)|(9,098)|(67,224)|(45,745)|
|Reconciliation
offunds||||||||
|Total funds
brought|forward||21|288,806|14,729|303,635|349,280|
|Total funds carried|forward|||230,880|5,831|236,311|303,535|
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Note|6||f|
|Fixed assets||||||||
|Tangible
fixed assets||||15||49,067|62,246|
|Current assets||||||||
|Debtors||||16|402,362||199,466|
|Cash at bank and|in|hand|||397,717||294,835|
||||||800,079||494,301|
|Creditors: amounts||falling|due within one year|17|(612,836)||(253,012)|
|Net current assete||||||187,244|241,289|
|Total assets less|current||gabllltles|||236,311|303,535|
|Net assets||||||236,311|303,535|
|Funds ofthe charity||||||||
|Restricted funds||||||5,631|14,729|
|Unrestricted
funds||||||230,680|288,806|
|Total charity funds||||22||236,311|303,535|
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|||Year en|ded 31 March 202|3||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6|f|
|Cash flows from operating||activities||||
|Net (expenditure)/income||||(67,224)|(45,745)|
|Adjustments
for:||||||
|Depreciation
of tangible
hxed||assets||35,507|43,720|
|Government
grant income|||||(292)|
|Profit/loss
on disposal
of fixed assets||||(266)||
|Other interest receivable
and||similar income||(377)|(27)|
|Interest payable
and similar|charges||||4,216|
|Accrued expenses/(income)||||(85,294)|50,472|
|Changes/n:||||||
|Trade and other debtors||||(156,955)|(89,758)|
|Trade and other creditors||||399,176|39,698|
|Cash generated
from operations||||124,567|2,284|
|Interest
paid|||||(4,216)|
|Interest received||||377|27|
|Net cash (used in)/from
operating
activities||||124,944|(1,905)|
|Cash flows from Investing||activities||||
|Purchase
oftangible assets||||(22,062)|(11,305)|
|Net cash used
in investing|activities|||102,882|(11,305)|
|t||||||
|Cash flows from financing||activities||||
|Government
grant income|||||292|
|Net cash from financing
activities|||||292|
|Net Increase/(decrease)
in||cash and cash|equivalents|102,882|(12,918)|
|Cash and cash equivalents||at beginning|ofyear|294,835|307,753|
|Cash and cash equivalents||at end ofyear||397,717|294,835|
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||||Restricted|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|
||||funds|Funds||2023|
||||E|E|||
|Donations|||||||
|Donations|||1,133|10,977||12,110|
|Grants|||||||
|Government|grant|income|||||
||||1,133|10,977||12,110|
||||Restricted|Unrestricted|Total|Funds|
||||funds
f|Funds
E||2022
f|
|Donations|||||||
|Donations||||4,842||4,842|
|Grants|||||||
|Government|grant|income||292||292|
|||||5,134||5,134|
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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|
|||||F|E|E|
||Grants|||250,173|118,096|368,269|
||Fess and contracts|||1,550,944||1,550,944|
|||||1,801,117|118,096|1,919,213|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||E|E|F|
||Grants|||391,000|199,269|590,269|
||Fees and contracts|||1,391,467||1,391,467|
|||||1,782,467|199,269|1,981,736|
|7.|Investment|Income|||||
||||Unrestncted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||||F|
||Bank interest|receivable|377|377|27|2P|
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|Expenditure|on charitable|activities|by fund type||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|||||E||E|
|Service provision|||||15,087|16,087|
|Support costs||||1,870,863|113,240|1,984,103|
|||||1,870,863|128,327|1,999,190|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||E|E|E|
|Service provision||||78,501|499|79,000|
|Support costs||||1,755,855|197,787|1,953,642|
|||||1,834,356|198,286|2,032,642|
|Expenditure|on charitable|activities|by activity type||||
||||Grant funding||Support|Total funds|
||||of activities|Direct costs|costs|2023|
||||E|E|E|F.|
|Service provision||||15,087|1,958,432|1,973,519|
|Governance|costs||||25,671|25,671|
|||||15,087|1,984,103|1,999,190|
||||Grant funding||Support|Total funds|
||||of activities|Direct costs|costs|2022|
||||E|E|E|F|
|Service provision|||79,000||1,948,542|2,027,542|
|Governance|costs||||5,100|5,100|
||||79,000||1,953,642|2,032,642|
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|10.|Analysis of|support c|o|sts||||
|---|---|---|---|---|---|---|---|
|||||||Total 2023|Total 2022|
|||||||f|f|
||Staff costs|||||1,142,952|1,025,629|
||Premises|||||80,015|82,339|
||Telephone|||||20,741|15,934|
||Depreciation|||||36,607|43,720|
||Bank charges|||||314|250|
||Enablement|costs||||30,089|24,156|
||Travel|||||29,937|21,657|
||Office costs|||||92,477|66,914|
||Recruitment|||||4,654|7,127|
||Training|||||14,679|23,812|
||Service provision fees|||||494,139|608,007|
||Publicity|||||737|1,367|
||Sundries|||||7,598|5,515|
||Volunteers'|expenses||||837||
||User costs|||||3,766|3,966|
||Governance|costs||||||
||Legal and professional||fees|||20,091|18,149|
||Audit fees|||||5,580|5,100|
|||||||1,984,103|1,953,642|
|11.|Analysis ofgrants|||||||
|||||||2023|2022|
|||||||6||
||Grants to institutions|||||||
||Grants to institutions||||||76,501|
||Grants to individuals||||||499|
||Total grants||||||79,000|
|12.|Net (expenditure)/income|||||||
||Net (expenditure)fiincome|||is stated|after charging/(crediting):|||
|||||||2023|2022|
|||||||6|6|
||Depreciation|oftangible||fixed assets||36,607|43,720|
|13.|Staff costs|||||||
||The total staff costs and|||employee|benefits for the reporting|period are analysed
as|follows:|
|||||||2023|2022|
|||||||f|6|
||Wages and|salaries||||1,021,778|923,257|
||Social security costs|||||80,866|67,358|
||Employer
contributions||to pension||plans|40,308|35,014|
|||||||1,142,952|1,025,629|
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|nil), ofwhich
Enil (2021:
Tangible fixed assets|Enil) related to t|he attendance a|t various meetin|gs.||
|---|---|---|---|---|---|
||Land and|Fixtures and||||
||buildings|fittings|Equipment|Website|Total|
||E|E|E||E|
|Cost||||||
|At 1 April 2022|92,267|110,565|439,822|47,224|689,878|
|Additions||8,166|13,896||22,062|
|Disposals||(46,001)|(8,847)|(12,707)|(67,555)|
|At 31 March 2023|92,267|72,730|444,871|34,517|644,385|
|Depreciation||||||
|At 1 April 2022|83,937|103,555|408,986|31,154|627,632|
|Charge for the year|4,165|8,634|20,470|2,238|35,607|
|On disposal||(46,235)|(8,879)|(12,707)|(67,821)|
|At 31 March 2023|88,102|65,954|420,577|20,685|595,318|
|Carrying
amount||||||
|At 31 March 2023|4,165|6,776|24,294|13,832|49,067|
|At 31 March 2022|8,330|7,010|30,836|16,070|62,246|
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|16.|Debtors||||Year ended 31 March 202|3||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||5|f|
||Trade debtors|||||285,314|167,523|
||Prepayments||and|accrued income||117,048|31,943|
|||||||402,362|199,466|
|17.|Creditors: amounts||||falling due within one year|||
|||||||2023|2022|
|||||||f||
||Trade creditors|||||44,109|56,699|
||Accruals|and|deferred||income|soa,st6|160,393|
||Social security||and other taxes|||18,681|17,433|
||VAT|||||30,013||
||Other creditors|||||10,416|18,487|
|||||||612,835|253,012|
|18.|Defened|Income||||||
|||||||2023|2022|
||||||||f|
||Ai 1 April|2022||||105,769|82,667|
||Amount|released||to income||(105,769)|(82,667)|
||Amount|deferred||in year||494,344|105,769|
||At 31 March||2023|||494,344|105,769|
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|Unrestricted
funds||||||
|---|---|---|---|---|---|
||||||At|
||At||||31 March|
||1 April 2022
f|Income
f|Expendituref|Transfers
8|2023
E|
|General funds||||||
||288,806|1,812,737|(1,870,863)||230,680|
||||||At|
||At||||31 March|
||1 April 2021
f|Income
f|Expenditure
E|Transfers|2022
9|
|General funds|300,019|1,787,628|(1,834,356)|35,515|288,806|
|Restricted funds||||||
||||||At|
||At||||31 March|
||1 April 2022|Income
f|Expendituref|Transfers
6|2023|
|Big Lottery Fund - Time||||||
|to Talk Reaching||||||
|Communities|558|15,085|(15,643)|||
|NHS Charities Together|14,171|41,944|(50,484)||5,631|
|Deaf Work Club||833|(833)|||
|'-Devon
Community||||||
|Foundation
Household||||||
|Support Grant||6,796|(6,796)|||
|Skills for Care||||||
|Workforce Development||||||
|Fund for Individual||||||
|Employers||7,370|(7,370)|||
|Big Lotteiy Fund-||||||
|Wellbeing
Service||12,366|(12,366)|||
|Devon Community||||||
|foundation
DCC Food,||||||
|Fuel and More||12,835|(12,835)|||
|Peter Harrison||10,000|(10,000)|||
|James Tudor||5,000|(5,000)|||
|Devon Community||||||
|Foundation
Community||||||
|Grant Framing
Nature||2,000|(2,000)|||
|Devon Community||||||
|Foundation
Devonian||||||
|Grant Scheme||5,000|(5,000)|||
||14,729|119,229|(128,327)||5,631|
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|Analysis ofcharitable
f|unds
(conunuert)|||||
|---|---|---|---|---|---|
||||||At|
||At||||31 March|
||1 April 2021
f|Income
8|Expendituref|Transfers
f|2022
E|
|Heritage
Lottery||||||
|Fund-Heritage
Ability|35,515|||(35,515)||
|Big Lottery Fund —Time||||||
|to Talk Reaching||||||
|Communities|13,748|102,883|(115,871)||558|
|NHS Charities Together||31,708|(17,537)||14,171|
|Deaf Work Club||12,000|(12,000)|||
|Devon Community||||||
|Foundation||5,948|(5,948)|||
|NET DPD's Emergency||||||
|Covid Fund||15,614|(15,614)|||
|The National
Lottery||||||
|Community
Fund||10,000|(10,000)|||
|Devon Community||||||
|Foundation
Household||||||
|Support Grant||499|(499)|||
|Skills for Care||||||
|Workforce Development||||||
|Fund for Individual||||||
|Employers||15,817|(15,817)|||
|Ltvewell||5,000|(5,008)|||
||49,261|199,269|(198,286)|(35,515)|14,729|
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|Analysis|of net as|sets between
funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||f|f|8|
|Tangible|fixed assets||49,067||49,067|
|Current|assets||778,514|21,565|800,079|
|Creditois|less than|1 year|(596,901)|(t5,984)|(612,835)|
|Net assets|||230,680|5,631|236,311|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||||6|5|5|
|Tangible|fixed assets||62,156|90|62,246|
|Current assets|||448,569|45,732|494,301|
|Creditors|less than|1 year|(221,919)|(31,093)|(253,012)|
|Net assets|||288,806|14,729|303,535|
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||||At||At|
|---|---|---|---|---|---|
||||1 April 2022
8|Cash ilows
f|31 Mar 2023
f|
|Cash at bank and|in hand||294,835|102,882|397,717|
||||At||At|
||||1 April 2021f|Cash flows|31 Mar 2022
f|
|Cash at bank and|in hand||307,753|(12,918)|294,835|
|24.
Prior year fund comparatlves||||||
||||||Total|
||||Unrestricted|Restricted|Funds|
||||Funds|Funds|2022|
||||8|f||
|Income||||||
|Donations
and legacies|||5,134||6,134|
|Charitable
activities
Investment
income||4|1,782,467
27|199,269|1,981,735
27|
|Total income|||1,787,628|199,269|1,986,897|
|Expenditure||||||
|Expenditure
on charitable||activities|1,834,356|198,286|2,032,642|
|Total expenditure|||1,834,356|198,286|2,032,642|
|Net income/(expenditure)|||(46,728)|983|(47,745)|
|Transfers
between|funds||35,515|(35,515)||
|Net movement
in|funds||(11,213)|(34,532)|(45,745)|
|Reconciliation
of|funds|||||
|Total funds
brought|forward||300,019|49,261|349,280|
|Total funds carried forward|||288,806|14,729|303,535|
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|Operating|lea|se commit|ments|||||
|---|---|---|---|---|---|---|---|
|The total|future|minimum|lease payments|under non-cancellable|operating|leases are|as follows:|
|||||||2023|2022|
|||||||f|5|
|Not later than||1 year||||40,680|59,453|
|Later than|1 year and not||later than 5 years|||3,807|40,514|
|||||||44,487|99,967|
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