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|||||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||||||
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||||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|
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|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|
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||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||
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2021|2021|2020|
|1,647|1,647|4,039|
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|||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||
##
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|||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|
##
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|||||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|
##
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|2021|2020|
|---|---|
|No.|No.|
|63|68|
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|||||||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|
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|||||||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|
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|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|
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|||||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|
##
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||||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)|
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