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2021-03-31-accounts

Page
Reference and Administrative Details ofthe Charity, its Trustees and Advisers
Chairman's
Statement		 2-3
Trustees'
Report		 4-11
Independent
Auditors'		 Report on the Financial Statements 12-14
Statement
ofFinancial		 Activities 15
Balance Sheet 16
Notes to the Financial Statements 17-32

Trustees Abdihakin
Ali Asir
William John Bee, Chair
Yvonne Deeney
Abdilaahi
Mohamud		 Duale
Abdullahi
Farah
Sarah Jahfar (appointed 19November 2020)
Anne Elizabeth
Joslin
Sandra Margaret Kelly
Magdalena
Kowalik-Malcolm		 (resigned 14December 2020)
Thomas Meacock
Abdi Omar Mohamed
Gerry Monaghan
Michael Phipps
Kerry Ann Rowe
Rosalie White (resigned 14December 2020)
Derek Williams
(resigned		 17August 2020)
Jonathan
Woodward		 (resigned 21 July 2020)
Company registered
number 05031499
Charity registered
number 1103139
Registered office 43 Ducie Road
Barton
Hiil
Bristol
BS5OAX
Company secretary Joanna Holmes
Key management
personnel		 Elaine Flint, Co-director (resigned 31 March 2021)
Joanna Holmes, Co-director
Paul Simpson,
Deputy		 director
Independent auditors Bishop Fleming
LLP
Chartered
Accountants
10Temple Back
Bristol
BS16FL
Bankers Lloyds Bank Pic
Regent Street
Kingswood
Bristol
BS158HT
Solicitors Burges Salmon
1 Glass Wharf
Bristol
BS2OZX

Restricted Unrestricted Total Total
funds funds funds funds
Note 2021
f		 2021 2021 2020
Income from:
Donations
and legacies		 5,895 5,895 17,036
Charitable
activities		 1,014,616 967,347 1,981,963 2,295,213
Investments 1,647 1,647 4,039
Total income 1,014,616 974,889 1,989,505 2,316,288
Expenditure
on:
Charitable
activities		 1,052,157 872,752 1,924,909 2,052,372
Total expenditure 1,052,157 872,752 1,924,909 2,052,372
Net (expenditure)/income (37,541) 102,137 64,596 263,916
Transfers
between		 funds 19 210,756 (210,756)
Net movement
in funds		 173,215 (108,619) 64,596 263,916
Reconciliation
offunds:
Total funds
brought		 forward 3,312,280 997,248 4,309,528 4,045,612
Total funds carried forward 3,485,495 888,629 4,374,124 4,309,528
2021 2020
Note
Fixed assets
Tangible assets 12 6,051,989 5,714,257
6,051,989 5,714,257
Current assets
Stocks 13 307
Debtors 14 223,450 262,136
Investments 15 256,135
Cash at bank and in hand 233,177 49,977
456,627 568,555
Creditors: amounts falling due within one
year 16 (621,067) (618,188)
Net current
liabilities		 (164,440) (49,633)
Total assets less current liabilities 5,887,549 5,664,624
Creditors: amounts falling due after more
than one year 17 (1,486,179) (1,327,850)
Provisions
for liabilities		 (27,246) (27,246)
Total net assets 4,374,124 4,309,528
Charity funds
Restricted funds 19 3,485,495 3,312,280
Unrestricted
funds		 19 888,629 997,248
Total funds 4,374,124 4,309,528

Freehold
property		 2'/o Straight Line Method
Fixtures and fitings 10'/o Straight Line Method
Motor vehicles 20'/o Straight Line Method
Microsettlements 4'/o Straight Line Method
Computer
equipment		 33'/o Straight Line Method
Other fixed assets 10'/o Straight Line Method

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021
f.		 2021f 2020
Donations 5,895 5,895 17,036
TOTAL 2020 12,066 4,970 17,036

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
Grants and contracts 981,616 200,808 1,182,424 1,653,618
Service charges 119,832 119,832 72,064
Room hire 2,696 2,696 100,037
Rental income 372,107 372,107 359,805
Other earned income 33,000 260,389 293,389 88,204
Consultancy 11,515 11,515 21,485
1,014,616 967,347 1,981,963 2,295,213
TOTAL 2020 1,312,408 982,805 2,295,213

Unrestricted Total Total
funds funds funds
2021 2021 2020
1,647 1,647 4,039

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
F
Charitable activities 1,052,157 872,752 1,924,909 2,052,372
TOTAL 2020 1,022,922 1,029,450 2,052,372

Activities
undertaken Support Total Total
directly costs funds funds
2021 2021 2021 2020
f F
Charitable activities 1,251,370 673,539 1,924,909 2,052,372
TOTAL 2020 1,387,528 664,844 2,052,372

Total Total
funds funds
2021 2020
E
Staff costs 1,173,537 1,198,733
Catering & provision costs 3,285 28,718
SLA provision 70,864 84,678
Rent & room hire 1,956
External contract costs 3,684 73,443
1,251,370 1,387,528

Total Total
funds funds
2021 2020
E
Depreciation 166,421 144,656
Other staff costs 9,189 20,923
Premises costs 156,842 198,954
Computer
and office supplies		 130,321 74,433
Governance
and professional		 costs 42,258 60,682
Marketing
and subscriptions		 1,595 4,325
Insurance 21,418 18,415
Bank and interest charges 43,819 39,893
FOCUS 6,801 6,625
External partners 90,249 62,486
Internal recharges 257
Vehicle costs 1,115 2,133
Bad debts 3,511 31,062
673,539 664,844
9. AUDITORS' REMUNERATION
2021 2020
f.
Fees payable to the Charity's
accounts		 auditor for the audit ofthe Charity's annual 9,850 11,700
10. STAFF COSTS
2021 2020
E
Wages and salaries 1,048,294 1,085,352
Social security costs 76,607 65,951
Contribution to defined contribution pension schemes 48,636 47,430
1,173,537 1,198,733

2021 2020
No. No.
63 68

Fixtures,
Freehold Assets under Micro- Motor fittings
&
property construction f settlements
f		 vehicles equipment
f		 Totalf
COST OR
VALUATION
At 1 April 2020 6,618,709 575,908 13,200 307,991 7,515,808
Additions 317,638 186,515 504,153
Transfers
between
classes 42,512 (575,908) 533,396
At 31 March 2021 6,978,859 719,911 13,200 307,991 8,019,961
DEPRECIATION
At 1 April 2020 1,563,764 13,200 224,587 1,801,551
Charge for the year 140,635 14,083 - 11,703 166,421
At 31 March 2021 1,704,399 14,083 13,200 236,290 1,967,972
NET BOOK VALUE
At 31 March 2021 5,274,460 705,828 71,701 6,051,989
At 31 March 2020 5,054,945 575,908 83,404 5,714,257

13. STOCKS
2021 2020
E
Bar stock and coffee machine ingredients 307
14. DEBTORS
2021 2020
DUE WITHIN ONE YEAR
Trade debtors 165,231 136,542
Prepayments and accrued income 58,219 125,594
223,450 262,136
15. CURRENT ASSET INVESTMENTS
2021 2020
Cash deposits 256,135
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Bank loans 94,635 25,142
Trade creditors 121,541 347,975
Other taxation and social security 78,072 134,769
Other creditors 45,741 44,477
Accruals and deferred income 281,078 65,825
621,067 618,188
2021 2020
Deferred income at 1 April 2020 32,913 107,966
Resources deferred during the year 256,249 32,913
Amounts
released		 from previous periods (32,913) (107,966)
256,249 32,913

Balance at
Balance at 1 Transfers 31 March
April 2020 Income Expendituref in/out
f		 2021
f
UNRESTRICTED FUNDS
General funds 997,248 974,889 (872,752) (210,756) 888,629
RESTRICTED FUNDS
Freehold WHLC 2,142,772 (52,549) 2,090,223
SPEAR grants 6,500 71,399 (71,399) 6,500
Bristol Ageing Better 4,839 (4,839)
CAF Resilliance Fund 49,679 (42,981) 6,698
BCCgrants 8,642 86,332 (88,830) 6,144
CASS 43,888 173,605 (173,605) 43,888
Other restricted funds 46,338 107,584 (101,425) 52,497
The Network 12,590 90,052 (90,052) 12,590
Farmhouse
development		 594,377 (35,513) 558,864
John James Foundation-
community
fridge		 6,195 (3,613) 2,582
George Wills Hall 45,000 (45,000)
Micros ettlement 401,139 108,013 (16,399) 210,756 703,509
The Swan 33,470 (33,470)
University
of Bristol Grants		 38,975 (36,975) 2,000
BOOST 97,976 (97,976)
West of England Works 86,272 (86,272)
SPAN 71,259 (71,259)
3,312,280 1,014,616 (1,052,157) 210,756 3,485,495
TOTAL OF FUNDS 4,309,528 1,989,505 (1,924,909) 4,374,124

RESTRICTED FUNDS
Freehold WHLC 2,195,318 (52,546) 2,142,772
SPEAR grants 5,826 75,057 (74,383) 6,500
Bristol Ageing Better 5,679 67,373 (68,213) 4,839
BCCgrants 4,363 27,448 (23,169) 8,642
CASS 41,768 180,599 (178,479) 43,888
Other restricted
funds		 55,611 50,106 (59,379) 46,338
The Network 104,583 (91,993) 12,590
John James Foundation 54,300 (54,300)
Wider than Work 26,874 (26,874)
Farmhouse
development		 594,377 594,377
John James Foundation-
community
fridge		 6,195 6,195
George Wills Hall 45,000 45,000
Microsettlement 1,246 399,893 401,139
University
of Bristol Grants		 7,240 96,697 (103,937)
BOOST 41,528 (41,528)
West of England
Works		 131,913 (131,913)
SPAN 116,208 (116,208)
3,010,728 1,324,474 (1,022,922) 3,312,280
TOTAL OF FUNDS 4,045,612 2,316,288 (2,052,372) 4,309,528

Restricted Unrestricted Total
funds funds funds
2021 2021 2021
E F
Tangible fixed assets 3,352,596 2,699,393 6,051,989
Current assets 333,381 123,246 456,627
Creditors due within one year (200,482) (420,585) (621,067)
Creditors due in more than one year (1,486,179) (1,486,179)
Provisions for liabilities and charges (27,246) (27,246)
TOTAL 3,485,495 888,629 4,374,124
ANALYSIS OF NET ASSETS BETWEEN FUNDS -PRIOR YEAR
Restricted Unrestricted Total
funds funds funds
2020 2020 2020
F
Tangible fixed assets 3,056,546 2,657,711 5,714,257
Current assets 292,740 275,815 568,555
Creditors due within one year (37,006) (581,182) (618,188)
Creditors due in more than one year (1,327,850) (1,327,850)
Provisions for liabilities and charges (27,246) (27,246)
TOTAL 3,312,280 997,248 4,309,528

2021 2020
f. E
Net income for the year (as per Statement of Financial Activities) 64,596 263,916
ADJUSTMENTS FOR:
Depreciation
charges		 166,421 144,658
Dividends,
interests
and rents from investments		 1,647 (4,039)
Decrease
in debtors		 38,686 68,867
Increase
in creditors		 2,879 51,982
Interest payable 32,512
Decrease
in provisions		 (4,192)
NET CASH PROVIDED BYOPERATING ACTIVITIES 274,229 553,704
22. ANALYSIS OF CASH AND CASH EQUIVALENTS
2021 2020
Cash in hand 233177 49,977
Notice deposits (less than 3 months) 256,135
TOTAL CASH AND CASH EQUIVALENTS 233,177 306,112

At 1 April At 31 March
2020 Cash flows 2021
Cash at bank and in hand 49,977 183,200 233,177
Debt due within
1		 year (25,142) (69,493) (94,635)
Debt due after 1 year (1,327,850) (158,329) (1,486,179)
Liquid investments 256,135 (256,135)
(1,046,8&0) (300,757) (1,347,637)