THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST
REPORT AND ACCOUNTS FOR THE PERIOD
TO
31 DECEMBER 2020
Charity Number: 1110481
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST LEGAL AND ADMINISTRATIVE DETAILS FOR THE PERIOD TO 31 DECEMBER 2020
TRUSTEES Adam Rutherwood Lisa Jane Dady Louise Gregory Alex Hoyle ADDRESS 408 Speedwell Road Speedwell Bristol BS15 1ES CHARITY NUMBER 1110481 BANKERS HSBC Bank plc 760 Fishponds Road Fishponds Bristol BS16 3UD INDEPENDENT EXAMINER Lucy Pinnock MA MSc FCCA 28 Bramall Lane Stafford Staffordshire ST16 1JD
2
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST TRUSTEES’ REPORT FOR THE PERIOD TO 31 DECEMBER 2020
CONSTITUTION
The Junction Project Charitable Trust (The Junction) is governed by a Declaration of Trust dated 30[th] December 2004 as amended by a Supplemental Deed dated 14[th] June 2005.
MISSION STATEMENT
Providing a safe and supportive environment for those whose lives have been affected by addiction. Enabling the move from dependence to independence.
ANNUAL REPORT 2020
Chair’s report 2020
Hello everyone,
As we hurtle along toward the end of another year, with some remaining uncertainty, changes a few, and challenges anew, both positive and negative. And as with previous years, there’s usually a lively mix of both, though I must say, this year, has witnessed one particularly positive achievement I’d like to begin with. Which is the “Golden Key great practice awards 2021” For “Inspiring Learning” The Link below, for those who would like to watch the presentation.
https://www.goldenkeybristol.org.uk/events/great-practice-awards-2021
With Services Manager, Amanda Pywell. Senior support worker, Marge Norton, and Support worker, Jade King, graciously accepting the award on behalf of the Project. An award, demonstrating the Staff’s dedication, dynamism and total commitment to its service users, throughout what has been another arduous and challenging year. that the staff and Project thoroughly deserve and should be extremely proud of in years to come.
Services update: With the delivery of our therapeutic 1:1 support sessions and weekly house groups now having returned to ‘normal’ i.e., face to face, whilst of course following any new Government guidance and using our common sense. It’s clear to see that these more personal and indeed more professional sessions, will always have a greater impact on our clients than virtual sessions can, particularly when trying to build trust and rapport with new service users.
Although, I believe ‘Zoom’ will remain part of our support delivery for the foreseeable future, particularly with new variants popping up, and eventually becoming more infectious and more resistant. As stated, we appreciate that the most effective support we can offer will always be face-toface, especially when generating trust and rapport with new service users. However, now with the option of virtual support, this has ensured that all our residents are able to receive their allocated support sessions regardless of external circumstances.
Particularly as a significant number of our service users will generally become unwell quite quickly due to withdrawal and due to their alcohol or drug usage shielding chronic or acute health problems. This of course can also negatively impact immune systems. Where we would encourage our service users to carry on using PPE particularly whilst detoxing or those who remain malnourished.
As a service provider working with drug and alcohol misuse, homelessness, poor mental & physical health and with our service users initially giving little or no thought to their general well-being.
3
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST TRUSTEES’ REPORT FOR THE PERIOD TO 31 DECEMBER 2020
Whether acute or chronic illness, malnourishment, depleted immune systems, disregard for their dental hygiene, we really do need to seek more innovative ways to encourage service users to address any or all issues on their initial visit to the GP or Dentist, more importantly, to actually manage more follow ups and secondary appointments, perhaps using a reward system if deemed appropriate or necessary.
Finances: This time last year, the short to medium-term fiscal landscape looked healthy and I sincerely wish I could say the same for this year, or the year ahead. However, with the voids, created mainly by Covid, and the general disruption to not just ours but to most related services, has really took its financial toll, seriously enough to propose an EGM for November 6[th] .
If for any reason the commissioning stream of financial support were to cease, the Project still has the option to revert to the non-commissioned, enhanced housing benefit model that we used in our early years. Which although sadly, would mean some job losses, we would manage a continuation of services whilst maintaining a fairly high standard in supported accommodation. For more information on housing services and for those seeking help and support regarding drug and alcohol misuse, please visit:
https://www.bristol.gov.uk/housing-for-business-and-professionals/housing-support-register
One of The Junction’s strengths is that it is a lean and flexible organisation that can adapt to operational changes quite quickly and easily and we know these kinds of qualities will hold us in good stead for the future. We appreciate that the most effective support we can offer will always be faceto-face, especially when building trust and rapport with new service users. However, the option of virtual support, has ensured that all residents will be able to receive their allocated support sessions regardless of external circumstances.
For those without a Smartphone, a phone will be loaned from Head Office and support delivered using Face-time.
The safety and well-being of our service users and staff will remain paramount. If Covid were to impact the Project again, in any significant way, in addition to implementing our own contingency plan. Guidance would be sought from the local health centre, pharmacy, NHS helpline - 111 or 999. The local authority and the Charity commission. If staffing levels were impacted, we would mitigate this by utilising the specialist Agencies here in Bristol providing support worker coverage, at any and every level, from part-time support workers to C-Suite management. Our Trustees, Management, volunteers and bank staff will also step up to provide support to our support workers, where necessary and where appropriate.
At the time of compiling the report, I’m delighted to announce that the Junction Project remains Covid-free. For more information on services in and around Bristol, or for those seeking help and support specifically for Covid, please visit:
https://www.bristol.gov.uk/coronavirus/what-you-need-to-know
4
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST TRUSTEES’ REPORT FOR THE PERIOD TO 31 DECEMBER 2020
As always, a shout out to our frontline staff, all of whom, once again, performed selflessly and admirably, in these treacherous and uncharted waters. Enabling our clients to remain focussed on their recovery, improving their lives, their health, their relationships and their commitment in giving back to the community, primarily, by way of voluntary work and serving the greater good of the wider community, and with a heartfelt thank you to all of our team -the volunteers, staff, trustees and stakeholders for their continued support.
Everyone working tirelessly to help the organisation run as smoothly and as resourcefully as always. With a courteous call out for the recognition and appreciation of the collective commitment, and of course, the outcomes and results, and the full acknowledgment of all the lives that have been positively impacted and undoubtedly saved because of the dedicated work that you do. Regardless of our beliefs around the current pandemic, please do all you can to keep yourselves and your families safe. It’s important to remember during detox, our immune systems can often be depleted.
It’s also worth remembering that the biggest factor in determining whether we become infected or not, is our own behaviour. While on the importance of personal choices and helpful behaviours, it’s those consistent daily, sometimes boring, little rituals that will, paradoxically, keep us safe & attract the kind of people and networks you’ll need in order to stay the course, and finally, once you’ve managed to maintain even a small amount of stability and sobriety, when it comes to your alcohol and drug use, you will by then, always have a choice, so choose wisely.
Remember, this isn’t just about “Cleaning up” this is about reclaiming your life - what on earth could be more important?
Adam Rutherwood On behalf of the board.
5
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST TRUSTEES’ REPORT FOR THE PERIOD TO 31 DECEMBER 2020
RESERVES POLICY
It is the intention of the Trustees that the freely available reserves of the charity should be accumulated up to a level sufficient to ensure the continuance of its activities, should there be an unexpected short-term adverse fluctuation in income. These freely available reserves are unrestricted funds not committed or invested in tangible fixed assets (ie ‘free reserves). A sufficient level of free reserves would guarantee the continuation of the charity’s activity, while decisions and actions were taken to find other sources of income or reduce the level of a particular activity.
The Trustees consider that an appropriate level of free reserves is approximately three months’ normal expenditure (ie on staffing, lease costs, rent, rates, heat and light and other miscellaneous operating costs). This equates to approximately £220,000. At 31 December 2020 there was a total of £378,140 of funding freely available for general purposes.
TRUSTEES INDUCTION AND TRAINING
Trustees are elected in accordance with the terms of the Trust’s Constitution. Upon election, they are provided with an induction and information pack and a skills audit is carried out. They are encouraged to look regularly at the Charity Commission website and encouraged to ask for help where necessary.
RISK MANAGEMENT
The charity has comprehensive risk assessments covering every aspect of its organisation and considers it an ongoing commitment with regular reviews of existing arrangements.
6
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST TRUSTEES’ REPORT FOR THE PERIOD TO 31 DECEMBER 2020
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
So far as the trustees are aware, there is no relevant information of which the charity’s independent examiner is unaware, and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant information and to establish that the charity’s independent examiner is aware of that information.
Approved by the Trustees on: 18.10.2021
and signed on their behalf by: Adam Rutherwood
7
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT FOR THE PERIOD TO 31 DECEMBER 2020
I report on the accounts of the charity for the year ended 31[st] December 2020, which are set out on pages 7-16.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the Charities Act,
-
Follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
-
To state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
- Which gives me reasonable cause to believe that, in any material respect, the requirements:
oTo keep accounting records in accordance with section 130 of the 2011 Act, andoTo prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
Have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Lucy Pinnock
Date: 26[th] October 2021
Mrs Lucy Pinnock MA MSc FCCA 28 Bramall Lane Stafford Staffordshire ST16 1JD
8
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD TO 31 DECEMBER 2020
| Note INCOME AND ENDOWMENTS FROM: Donations and legacies: Grants 2 Charitable activities: Rental income Other income Total income and endowments EXPENDITURE Expenditure on charitable activities: Direct costs Support costs 3 3 Expenditure on raising funds: Fundraising Marketing 3 3 Total expenditure NET INCOME/(EXPENDITURE) TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS Total funds brought forward at 1 January 2020 TOTAL FUNDS CARRIED FORWARD AT 31 DECEMBER 2020 |
Unrestricted £ Designated £ Restricted £ Total 2020 £ Total 2019 £ 10,000 - 185,000 195,000 185,000 649,996 8,225 - - - - 663,250 13,639 |
|---|---|
| 668,221 - 185,000 853,221 861,889 |
|
| 600,830 9,960 - - 185,000 - 785,830 9,960 792,688 10,410 - 228 - - - - - 228 - - |
|
| 611,018 - 185,000 796,018 803,098 |
|
| 57,203 - - 57,203 58,791 - - - - - 57,203 - - 57,203 58,791 328,142 40,000 - 368,142 309,351 |
|
| 385,345 40,000 - 425,345 368,142 |
There were no recognised gains and losses other than those shown in the above Statement of Financial Activities. The results from the above financial period derive from continuing operations.
9
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST BALANCE SHEET AS AT 31 DECEMBER 2020
| Note Fixed assets Tangible fixed assets 5 Current assets Debtors 6 Cash at bank and in hand Current liabilities 7 Net current assets Net Assets Represented by: Restricted funds Designated funds General unrestricted funds Total funds 9 |
2020 £ 2019 £ 7,205 10,311 |
|---|---|
| 46,829 64,614 389,648 366,410 |
|
| 436,477 431,024 |
|
| (18,337) (73,193) |
|
| 418,140 357,831 |
|
| 425,345 368,142 |
|
| - - 40,000 40,000 385,345 328,142 |
|
| 425,345 368,142 |
Approved by the Trustees on: 18.10.2021
And signed on their behalf by
Adam Rutherwood
10
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST STATEMENT OF CASH FLOWS AS AT 31 DECEMBER 2020
| Notes | 2020 | 2019 | |
|---|---|---|---|
| £ | £ | ||
| Cash provided by operating activities | (a) | 25,633 | 32,421 |
| Cash flows from investing activities: | |||
| Interest income | - | - | |
| Purchase of tangible fixed assets | (2,395) | - | |
| Cash provided by/(used in) investing activities | (2,395) | - | |
| Cash flows from financing activities: | |||
| Repayment of borrowing | - | - | |
| Increase in cash and cash equivalents in the year | 23,238 | 32,421 | |
| Cash and cash equivalents at the beginning of the year | 366,410 | 333,989 | |
| Cash and cash equivalents at the end of the year | 389,648 | 366,410 | |
| (a) Reconciliation of (Expenditure)/Income to Net Cash from Operating Activities |
|||
| 2020 | 2019 | ||
| £ | £ | ||
| Net income for the period as per SOFA | 57,203 | 58,791 | |
| Decrease/(increase) in debtors | 17,785 | (60,357) | |
| (Decrease)/increase in creditors | (54,857) | 28,964 | |
| Depreciation | 5,502 | 5,023 | |
| Net cash provided by operating activities | 25,633 | 32,421 |
11
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), effective from 1[st] January 2015 – Charities SORP (FRS 102), and the Companies Act 2006.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP (FRS 102) a restatement of comparative items was required.
Taxation
No Corporation Tax is provided for as The Junction Project (Bristol) Charitable Trust, being a charity, is exempt. Because of its current activities, The Junction Project (Bristol) Charitable Trust is not registered for VAT and therefore cannot recover VAT on its expenses.
Funds accounting
General funds are unrestricted funds available for use at the discretion of the trustees in furtherance of the general activities of the charity and which have not been designated for other purposes.
Income
All incoming resources becoming available to the charity during the year are included when there is a certainty of receipt.
Expenditure
Charitable expenditure includes costs associated with particular projects in furtherance of the charity’s objects. Support costs comprise expenditure incurred in support of charitable activities and include an appropriate proportion of overheads.
Fixed assets
Tangible fixed assets are stated at cost. Depreciation is calculated at appropriate annual rates estimated to write off the cost of fixed assets less their estimated residual value over their useful lives as follows:
Fixtures and fittings 20% straight line Office equipment 25% straight line Motor vehicles 25% straight line
The cost of acquiring fixed assets is charged to the SOFA in the year of acquisition if the cost is less than £250 or the useful economic life is less than four years.
12
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
1. ACCOUNTING POLICIES (continued)
Hire purchase and lease commitments
Rentals paid under operating leases are charged on a time basis over the lease term.
Related party disclosure
FRS 102 requires the disclosure of the details of material transactions between the company and any related parties, as defined. Details of relevant related party transactions are included in note 10 to the financial statements.
13
THE JUNCTION PROJECT CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
2. GRANTS AND DONATIONS
| 2. | GRANTS AND DONATIONS | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Income | Income | 2020 | 2019 | ||
| £ | £ | £ | £ | ||
| Addiction Recovery Agency | - | 185,000 | 185,000 | 185,000 | |
| Bristol City Council | 10,000 | - | 10,000 | - | |
| Total | 10,000 | 185,000 | 195,000 | 185,000 | |
| 3. | ANALYSIS OF EXPENDITURE | ||||
| Unrestricted | Restricted | Total | Total | ||
| 2020 | 2019 | ||||
| £ | £ | £ | £ | ||
| Expenditure on | |||||
| charitable activities: | |||||
| Direct costs: | |||||
| Staff costs | 63,613 | 185,000 | 248,613 | 235,897 | |
| Lease charges | 369,776 | - | 369,776 | 373,420 | |
| Houses – repairs and | |||||
| renewals | 29,592 | - | 29,592 | 27,431 | |
| Office rent | 12,300 | - | 12,300 | 11,550 | |
| Rates | 16,883 | - | 16,883 | 17,407 | |
| Maintenance | 414 | - | 414 | 348 | |
| Heat and light | 29,654 | - | 29,654 | 53,157 | |
| Cleaning | 1,846 | - | 1,846 | 512 | |
| Travel | 4,382 | - | 4,382 | 5,104 | |
| Office expenses | 36,130 | - | 36,130 | 25,897 | |
| Subscriptions | 228 | - | 228 | 204 | |
| Insurance | 10,055 | - | 10,055 | 9,909 | |
| Training | 2,970 | - | 2,970 | 1,138 | |
| Testing kits | 4,531 | - | 4,531 | 4,312 | |
| Bank charges | - | - | - | - | |
| Recruitment | - | - | - | - | |
| Miscellaneous | 12,954 | - | 12,954 | 21,379 | |
| Depreciation | 5,502 | - | 5,502 | 5,023 | |
| 600,830 | 185,000 | 785,830 | 792,688 | ||
| Support costs | |||||
| Accountancy | 8,160 | - | 8,160 | 8,160 | |
| Examiner's fees | 1,800 | - | 1,800 | 1,800 | |
| Legal fees | - | - | - | - | |
| Professional fees | - | - | - | 450 | |
| Trustees’ expenses | - | - | - | - | |
| 9,960 | - | 9,960 | 10,410 | ||
| Expenditure on raising | |||||
| funds: | |||||
| Marketing | 228 | - | 228 | - | |
| - | - | - | |||
| 228 | 228 | ||||
| Total | 611,018 | 185,000 | 796,018 | 803,098 |
14
THE JUNCTION PROJECT CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
4. EXPENDITURE
Expenditure includes:
| Depreciation – owned assets Examiner’s remuneration Total staff costs Wages and salaries Employer’s national insurance Employer’s pension contributions |
2020 £ 2019 £ 5,502 5,023 1,800 1,800 2020 £ 2019 £ 223,393 212,954 16,880 15,694 8,340 7,249 |
|---|---|
| 248,613 235,897 |
The average monthly number of employees during the year was as follows:
| Support workers Administration Trustees’ expenses |
2020 6 2 8 2020 £ - |
2019 6 2 |
|---|---|---|
| 8 | ||
| 2019 £ - |
The key personnel of the charity comprise of the Trustees and the Project Manager. The total remuneration of the key management personnel was £32,801 (2019 - £31,374). None of the trustees nor persons connected with them received any remuneration or other material benefits from the association or any connected organisation.
No employees earned £60,000 per annum or more.
15
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
5. FIXED ASSETS
| COST At 1stJanuary 2020 Additions At 31stDecember 2020 DEPRECIATION At 1stJanuary 2020 Charge for the year At 31stDecember 2020 NET BOOK VALUE At 31stDecember 2020 At 31stDecember 2019 6. DEBTORS Trade debtors Other debtors 7. CREDITORS Trade creditors Taxation and social security Other creditors and accruals |
Office Equipment £ Fixtures & Fittings £ Motor Vehicles £ Total £ 10,098 26,210 12,504 48,812 - 2,395 - - |
Office Equipment £ Fixtures & Fittings £ Motor Vehicles £ Total £ 10,098 26,210 12,504 48,812 - 2,395 - - |
|---|---|---|
| 10,098 | 28,605 12,504 48,812 |
|
| 8,096 1,001 |
21,377 9,028 38,501 2,762 1,738 5,501 |
|
| 9,097 | 24,139 10,766 44,002 |
|
| 1,001 | 4,466 1,738 7,205 |
|
| 2,002 | 4,833 3,476 10,311 |
|
| 2020 £ 2019 £ 15,651 1,957 31,178 62,657 46,829 64,614 2020 £ 2019 £ 10,127 65,122 4,645 6,271 3,565 1,800 18,337 73,193 |
16
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
8. OPERATING LEASE COMMITMENTS
The following payments are committed to be paid in more than five years:
| Land and buildings Expiring: In more than five years 9. MOVEMENTS IN FUNDS Restricted funds: Addiction Recovery Agency Total restricted funds Total designated funds Total unrestricted funds Total funds |
2020 £ 2019 £ 328,536 328,536 At the start of the year £ Incoming resources £ Outgoing resources £ At the end of the year £ - 185,000 (185,000) - |
2020 £ 2019 £ 328,536 328,536 |
|---|---|---|
| - 185,000 (185,000) - 40,000 - - 40,000 328,142 668,221 (611,018) 385,345 |
||
| 368,142 853,221 (796,018) 425,345 |
The trustees made a decision during 2017 to set aside an amount of £40,000 in a designated fund to cover future anticipated costs of any major repairs which may arise within the buildings which have been leased to the charity.
17
THE JUNCTION PROJECT (BRISTOL) CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD TO 31 DECEMBER 2020
10. TRANSACTIONS WITH TRUSTEES
One of the trustees, Adam Rutherwood, is a director of Manor Properties (Bristol) Limited which, with the prior agreement of the Charity Commission, leases 13 properties and 1 office used by the Charity. The company charges the Charity a lease for each house at current market rates. The total amount paid to Manor Properties (Bristol) Limited in the year in lease charges was £361,956 (2019: £373,420). At the year end the Charity owed Manor Properties (Bristol) Limited £nil (2019: £60,326).
At the year end, the Charity owed Adam Rutherwood £6,306 (2019: £3,008) for additional costs incurred by him on the Charity’s behalf.
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed Assets Net Current Assets |
Unrestricted Funds £ Designated Funds £ Restricted Funds £ Total £ 7,205 - - 7,205 378,140 40,000 - 418,140 |
|---|---|
| 385,345 40,000 425,345 |
18