##
||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Chairman's
Statement|||2-3|
|Trustees' Report|||4-13|
|Trustees' Responsibilities
Statement|||14|
|Independent
Auditors'|Report|on the Financial Statements|15 - 18|
|Statement of Financial|Activities||19|
|Balance Sheet|||20|
|Statement ofCash Flows|||21|
|Notes to the Financial|Statements||22-37|
##
|Trustees|||Abdi-Salam
Askar, Treasurer|Abdi-Salam
Askar, Treasurer|Abdi-Salam
Askar, Treasurer|Abdi-Salam
Askar, Treasurer|(from 26/01/2023) (appointed|25/01/2022)|
|---|---|---|---|---|---|---|---|---|
||||Abdi Mohamed,||Treasurer
(until 23/11/2022) (resigned 23/11/2022)||||
||||Abdullahi
Farah||||||
||||Anne Joslin||||||
||||Gerry Monaghan||||||
||||Kerry Rowe, Vice Chair (until 15/12/2022)||||||
||||Mike Phipps (resigned 23/11/2022)||||||
||||Sarah Jahfar||||||
||||Sandra
Kelly||||||
||||Thomas Meacock, Vice|||Chair|||
||||Will Bee, Chair||||||
|Company|registered||||||||
|number|||05031499||||||
|Charity registered|||||||||
|number|||1103139||||||
|Registered||office|43 Ducie Road||||||
||||Barton
Hill||||||
||||Bristol||||||
||||BS5OAX||||||
|Company|secretary||Joanna
Holmes||(until 15/12/2022)||||
||||Paul Simpson|(appointed||15/1|2/2022)||
|Key management|||Joanna
Holmes,||CEO (until 31/12/2023)||||
|personnel|||Beth Wilson, CEO (from|||09/01/2023)|||
||||Anya Mulcahy-Bowman,|||Deputy CEO|||
||||Afzal Shah, Deputy CEO (until||||31/03/2023)||
||||Paul Simpson,||Deputy CEO||||
|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|2023
F|2023|2023f|2022|
|Income from:|||||||
|Donations
and legacies||||2,224|2,224|136|
|Charitable
activities|||1,091,358|864,427|1,955,785|1,750,254|
|Total income|||1,091,358|866,651|1,958,009|1,750,390|
|Expenditure
on:|||||||
|Charitable
activities|||1,127,657|1,052,801|2,180,458|1,866,103|
|Total expenditure|||1,127,657|1,052,801|2,180,458|1,866,103|
|Net movement
in funds|||(36,299)|(186,150)|(222,449)|(115,713)|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||56,199|4,202,212|4,258,411|4,374,124|
|Total funds carried forward|||19,900|4,016,062|4,035,962|4,258,411|
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note||E|||
|Fixed assets|||||||
|Tangible assets||||5,776,187||5,915,299|
|||||5,776,187||5,915,299|
|Current assets|||||||
|Debtors||12|238,221||219,761||
|Cash at bank and|in hand||3,269||119,212||
||||241,490||338,973||
|Creditors: amounts|falling due within one||||||
|year||13|(759,719)||(748,820)||
|Net current liabilities||||(518,229)||(409,847)|
|Total assets less|current liabilities|||5,257,958||5,505,452|
|Creditors: amounts|falling due after more||||||
|than one year||14||(1,203,339)||(1,228,384)|
|Provisions
for liabilities||15||(18,657)||(18,657)|
|Total net assets||||4,035,962||4,258,411|
|Charity funds|||||||
|Restricted
funds||16||19,900||56,199|
|Unrestricted
funds||16||4,016,062||4,202,212|
|Total funds||||4,035,962||4,258,411|
|||||2023|2022|
|---|---|---|---|---|---|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities|||16,783|44,156|
|Cash flows from investing|activities|||||
|Disposal oftangible
fixed assets||||4,200||
|Purchase oftangible
fixed assets||||(54,161)|(59,373)|
|Net cash used in investing|activities|||(49,961)|(59,373)|
|Cash flows from financing|activities|||||
|Repayments
of borrowing||||(95,218)|(98,748)|
|Net cash used in financing|activities|||(95,218)|(98,748)|
|Change
in cash and cash|equivalents|in|the year|(128,396)|(113,965)|
|Cash and cash equivalents|at the beginning||ofthe year|119,212|233,177|
|Cash and cash equivalents|at the end|of|the year|(9,184)|119,212|
|The notes on pages 22 to 37form part ofthese financial statements||||||
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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'k|Straight|Line Method|
|Computer
equipment|33/o|Straight|Line Method|
|Other fixed assets|10'/o|Straight|Line Method|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2023
F|2023f|2022
F|
|Donations|2,224|2,224|136|
##
||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023
f|2023|2023
F|2022
F-|
|Grants and contracts|1,087,546|185,412|1,272,958|1,169,581|
|Service charges||||106,145|
|Room hire||71,452|71,452|32,415|
|Rental income||527,303|527,303|394,116|
|Other earned income|3,812|80,260|84,072|45,968|
|Consultancy||||2,029|
||1,091,358|864,427|1,955,785|1,750,254|
|TOTAL 2022|707,170|1,043,084|1,750,254||
##
|||Restricted|Unrestricted|||
|---|---|---|---|---|---|
|||funds|funds|Total|Total|
|||2023|2023|2023|2022|
|||||F|F|
|Charitable|activities|1,127,657|1,052,801|2,180,458|1,866,103|
|TOTAL 2022||1,231,309|634,794|1,866,103||
##
##
##
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2023f|2023f|2023
E|2022
f.|
|Charitable|activities|1,186,466|993,992|2,180,458|1,866,103|
|TOTAL 2022||1,118,939|747,164|1,866,103||
|ANALYSIS|OF DIRECT COSTS|||||
|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|||E||
|Staff costs||1,184,892|1,052,831|
|Catering|8 provision costs|1,574|2,657|
|SLA provision|||59,290|
|External|contract costs||4,161|
|||1,186,466|1,118,939|
##
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2023|2022|
||||||||E|
||Depreciation|||||189,073|196,063|
||Other staff costs|||||21,051|7,108|
||Premises costs|||||269,406|212,814|
||Computer
and office supplies|||||134,691|86,473|
||Governance
and professional||costs|||57,450|56,189|
||Marketing
and subscriptions|||||1,84&|392|
||Insurance|||||29,559|24,457|
||Bank and interest charges|||||55,1?8|56,613|
||FOCUS|||||13,907|12,452|
||External partners|||||220,842|83,889|
||Vehicle costs|||||2,485|1,854|
||Bad debts|||||(1,498)|8,860|
|||||||993,992|747,164|
|8.|AUDITORS' REMUNERATION|||||||
|||||||2023f|2022
F|
||Fees payable to the Charity's||auditor|for the audit ofthe Charity's|annual|||
||accounts|||||11,750|10,275|
|9.|STAFF COSTS|||||||
|||||||2023f|2022
E|
||Wages and salaries|||||1,056,921|940,581|
||Social security costs|||||79,607|68,835|
||Contribution
to defined|contribution||pension schemes||48,364|43,415|
|||||||1,184,892|1,052,831|
##
##
##
|||||Fixtures,||
|---|---|---|---|---|---|
||Freehold|Micro-|Motor|fittings 8||
||property|settlementsf|vehicles|equipment
E|Total
F|
|COST OR VALUATION||||||
|At 1 April 2022|7,026,021|723,720|13,200|316,393|8,079,334|
|Additions|54,161||||54,161|
|Disposals||||(4,200)|(4,200)|
|At 31 March 2023|7,080,182|723,720|13,200|312,193|&,129,295|
|DEPRECIATION||||||
|At 1 April 2022|1,845,612|43,032|13,200|262,191|2,164,035|
|Charge for the year|142,346|28,949||17,778|189,073|
|At 31 March 2023|1,987,958|71,981|13,200|279,969|2,353,108|
|NET BOOK VALUE||||||
|At 31 March 2023|5,092,224|651,739||32,224|5,776,187|
|At 31 March 2022|5,180,409|680,688||54,202|5,915,299|
##
|||2023|2022|
|---|---|---|---|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||147,602|173,233|
|Other debtors||10,546|7,585|
|Prepayments|and accrued income|80,073|38,943|
|||238,221|219,761|
##
##
||||||2023f|2022f|
|---|---|---|---|---|---|---|
|Bank overdrafts|||||12,453||
|Bank loans|||||119,134|253,682|
|Other loans|||||64,375||
|Trade creditors|||||111,765|90,324|
|Other taxation and|social||security||119,773|44,114|
|Other creditors|||||60,691|63,852|
|Accruals and deferred||income|||271,528|296,848|
||||||759,719|748,820|
||||||2023f|2022f|
|Deferred income at 1 April|||2022||295,648|256,249|
|Resources deferred|during||the year||258,186|295,648|
|Amounts
released|from previous|||periods|(295,648)|(256,249)|
||||||258,186|295,648|
##
||||||
|---|---|---|---|---|
|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR||||
||||2023f|2022|
|Bank loans|||261,615|222,289|
|Other loans|||941,724|1,006,095|
||||1,203,339|1,228,384|
|Included
within the above|are amounts|falling due as follows:|||
||||2023f|2022|
|BETWEEN ONE AND TWO YEARS|||||
|Bank loans|||97,595|38,381|
|Other loans|||63,360|61,320|
|BETWEEN TWO AND FIVE YEARS|||||
|Bank loans|||128,971|183,908|
|Other loans|||211,544|205,354|
|OVER FIVEYEARS|||||
|Bank loans|||35,049||
##
|CRED|ITORS: AMOUNTS
FALLING DUE AFT|ER MORE THAN ONE YEAR (CONTINUED)||
|---|---|---|---|
|||2023f|2022f|
|Other|loans|666,820|739,421|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||||Balance at 1|||31 March|
||||April 2022|Income|Expenditure|2023|
||||F||||
|UNRESTRICTED||FUNDS|||||
|General funds|||4,202,212|866,651|(1,052,801)|4,016,062|
|RESTRICTED FUNDS|||||||
|Community
Engagement||||89,627|(89,627)||
|BCCgrants|||4,668||(4,668)||
|CASS||||207,766|(207,766)||
|Other restricted|funds||51,531|19,579|(51,210)|19,900|
|Physical activities||||33,437|(33,437)||
|Central Services||||68,478|(68,478)||
|Family Centre||||112,946|(112,946)||
|Social Prescribing||||161,856|(161,856)||
|Adult Social Care||||50,000|(50,000)||
|Cafe||||12,528|(12,528)||
|Food club||||14,108|(14,108)||
|The Swan||||30,000|(30,000)||
|Older persons||||24,480|(24,480)||
|BOOST||||74,176|(74,176)||
|West of England||Works||129,876|(129,876)||
|SPAN||||62,501|(62,501)||
||||56,199|1,091,358|(1,127,657)|19,900|
|TOTAL OF FUNDS|||4,258,411|1,958,009|(2,180,458)|4,035,962|
##
##
##
##
|STATEMENT O|F|FUNDS -P|RIOR YEAR|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at|||Transfers|31 March|
||||1 April 2021|Income|Expenditure|in/out|2022|
|UNRESTRICTED||FUNDS||||||
|General funds|||888,629|1,044,641|(634,794)|2,903,736|4,202,212|
|RESTRICTED FUNDS||||||||
|Freehold WHLC|||2,090,223||(52,549)|(2,037,674)||
|SPEAR grants|||6,500|35,446|(41,946)|||
|Community
Engagement||||10,963|(10,963)|||
|CAF Resilliance|Fund||6,698||(6,698)|||
|BCC grants|||6,144||(1,476)||4,668|
|CASS|||43,888|164,630|(208,518)|||
|Other restricted|funds||52,497|95,621|(96,587)||51,531|
|Physical activities|||12,590|58,209|(70,799)|||
|St Pauls Nursery||||80,000|(80,000)|||
|Family Centre|||558,864||(36,713)|(522,151)||
|Adult Social Care|||2,582||(2,582)|||
|Food club|||703,509||(359,598)|(343,911)||
|Older persons|||2,000|30,736|(32,736)|||
|BOOST||||40,449|(40,449)|||
|West of England||Works||125,876|(125,876)|||
|SPAN||||63,819|(63,819)|||
||||3,485,495|705,749|(1,231,309)|(2,903,736)|56,199|
|TOTAL OF FUNDS|||4,374,124|1,750,390|(1,866,103)||4,258,411|
##
##
|ANALYSI|S OF NET A|SSETS BETWEEN FUNDS|- CURRENT YEAR|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2023|2023|2023|
||||||E|
|Tangible|fixed assets|||5,776,187|5,776,187|
|Current assets|||19,900|221,590|241,490|
|Creditors|due within one year|||(759,719)|(759,719)|
|Creditors|due in more|than one year||(1,203,339)|(1,203,339)|
|Provisions|for liabilities|and charges||(18,657)|(18,657)|
|TOTAL|||19,900|4,016,062|4,035,962|
##
|ANALYSI|S OF NET A|SSETS BETWEEN FUNDS|- PRIOR YEAR|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||f|||
|Tangible|fixed assets|||5,915,299|5,915,299|
|Current assets|||56,199|282,774|338,973|
|Creditors|due within one year|||(748,820)|(748,820)|
|Creditors|due in more|than one year||(1,228,384)|(1,228,384)|
|Provisions|for liabilities|and charges||(18,657)|(18,657)|
|TOTAL|||56,199|4,202,212|4,258,411|
##
##
##
||||2023|2022|
|---|---|---|---|---|
|||||E|
|Net expenditure
for the year (as per Statement||of Financial Activities)|(222,449)|(115,713)|
|ADJUSTMENTS FOR:|||||
|Depreciation
charges|||189,073|196,063|
|Decrease/(increase)
in debtors|||(18,460)|3,689|
|Increase/(decrease)
in creditors|||68,619|(31,294)|
|Movement
in provisions||||(8,589)|
|NET CASH PROVIDED BYOPERATING ACTIVITIES|||16,783|44,156|
|ANALYSIS OF CASH AND|CASH EQUIVALENTS||||
||||2023|2022|
|Cash
in hand|||3,269|119,212|
|Overdraft
facility repayable|on demand||(12,453)||
|TOTAL CASH AND CASH|EQUIVALENTS||(9,184)|119,212|
##
##
|||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|
|||||2022|Cash flows|2023|
|Cash|at bank and in hand|||119,212|(115,943)|3„269|
|Bank|overdrafts|repayable|on demand||(12,453)|(12,453)|
|Debt|due within|1 year||(253,682)|70,173|(183,509)|
|Debt|due after 1 year|||(1,228,384)|25,045|(1,203,339)|
|||||(1,362,854)|(33,178)|(1,396,032)|
##
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##
||||2023|2022|
|---|---|---|---|---|
||||E||
|Not later than||1 year|1,998|2,856|
|Later than|1 year and not later than 5 years||2,565|4,563|
||||4,563|7,419|
##
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