| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustees | and advisers | 1-2 | |
| Trustees' report |
3-14 | |||
| Independent auditors' |
report | 15-17 | ||
| Statement offinancial | activities | 18 | ||
| Balance sheet | 19 | |||
| Statement ofcash flows | 20 | |||
| Notes to the financial | statements | 21 - 39 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2021 6 |
2021 f |
2021 6 |
2020 | |
| INCOME FROM: | |||||
| Donations and legacies |
2 | 61,738 | 61,738 | 41,732 | |
| Charitable activities |
3 | 232,077 | 1,381,358 | 1,613,435 | 1,442,676 |
| Other trading activities |
4 | 4,489 | 4,489 | 14,371 | |
| TOTAL INCOME | 232,077 | 1,447,585 | 1,679,662 | 1,498,779 | |
| EXPENDITURE ON: | |||||
| Raising funds | 4 | 341 | 341 | 545 | |
| Charitable activities |
7,5 | 212,909 | 1,140,682 | 1,353,591 | 1,392,498 |
| TOTAL EXPENDITURE | 8 | 212,909 | 1,141,023 | 1,353,932 | 1,393,043 |
| NET INCOME BEFORE INVESTMENT GAINS | 19,168 | 306,562 | 325,730 | 105,736 | |
| Net gains on investments | 140 | ||||
| NET INCOME BEFORE OTHER | |||||
| RECOGNISED GAINS AND LOSSES | 19,168 | 306,562 | 325,730 | 105,876 | |
| NET MOVEMENT IN FUNDS |
19,168 | 306,562 | 325,730 | 105,876 | |
| RECONCILIATION OF FUNDS: |
|||||
| Total funds brought forward |
344,104 | 722,123 | 1,066,227 | 960,351 | |
| 363,272 | 1,028,685 | 1,391,957 | 1,066,227 | ||
| TOTAL FUNDS CARRIED FORWARD |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Cash flows from operating | activities | |||||
| Net cash provided by operating activities |
17 | 377,286 | 106,141 | |||
| Cash flows from investing | activities: | |||||
| Purchase oftangible fixed assets |
(29,622) | (10,339) | ||||
| Net cash used in investing |
activities | (29,622) | (10,339) | |||
| Cash flows from financing | activities: | |||||
| Total movement in loans |
13,655 | (30,183) | ||||
| Net cash provided by/(used in) financing |
activities | 13,655 | (30,183) | |||
| Change in cash and cash |
equivalents | in | the year | 361,319 | 65,619 | |
| Cash and cash equivalents | brought forward |
459,623 | 394,004 | |||
| Cash and cash equivalents | carried forward | 18 | 820,942 | 459,623 |
| Freehold | property | 2%straight | line | |
|---|---|---|---|---|
| LfTerm | Leasehold | Property | 2% straight | line |
| S/Term | Leasehold | Property | 20% straight | line |
| Plant & | machinery | 20% straight | line | |
| Motor vehicles | 20% straight | line | ||
| Fixtures | &fittings | 20% straight | line | |
| Office equipment | 20% straight | line | ||
| Medical | equipment | 20% straight | line |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| E | E | E | |||||
| Donations including |
Gift Aid | 21,432 | 21,432 | 21,732 | |||
| Asda | 600 | 600 | 1,500 | ||||
| Co-Op Community Team |
1,850 | 1,850 | |||||
| Fort Foundation | 1,000 | ||||||
| Charles Plater Trust | 18,800 | 18,800 | |||||
| Gel-Clear Ltd |
1,000 | 1,000 | |||||
| HSBC Trust | 5,000 | 5,000 | |||||
| MLS Mortgages Limited |
500 | 500 | |||||
| Sobell Foundation | 5,000 | ||||||
| Steel Charitable Trust |
7,500 | ||||||
| Rotary Club of Great | Harwood | and Rishton | 656 | 656 | |||
| Souter Charitable Trust |
5,000 | 5,000 | |||||
| The David Brooke Charity | 1,500 | 1,500 | |||||
| The Dowager Countess | Eleanor Peel Trust | 5,000 | |||||
| Neighbourly Limited |
400 | 400 | |||||
| Sisters ofSt Joseph | 5,000 | 5,000 | |||||
| Total donations and |
legacies | 61,738 | 61,738 | 41,732 | |||
| Total 2020 | 41,732 | 41,732 |
| Restricted | Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2021 E |
2021 E |
2021 F |
2020f | |||||
| Contracts for charitable | services | 232,077 | 1,381,358 | 1,613,435 | 1,442,676 | |||
| Total 2020 | 203,555 | 1,239,121 | 1,442,676 | |||||
| CONTRACTS FOR CHARITABLE | SERVICES | |||||||
| Restricted | Unrestricted | Total Funds | Total Funds | |||||
| Funds 2021 E |
Funds 2021 | 2021 E |
2020f | |||||
| BwD BC - Supporting | People - GU | 10,710 | 10,710 | 25,200 | ||||
| BwD BCSocial Fund | - | Emergency | Food | |||||
| Provision | 31,000 | 31,000 | 25,000 | |||||
| Service User Housing | Benefits- | |||||||
| Galligreaves Unit |
67,602 | 67,602 | 55,857 | |||||
| Service User General | Benefits - Witton | |||||||
| Bank | 62,220 | 62,220 | 53,938 | |||||
| Service User Housing | Benefits - Salford | 229,437 | 229,437 | 212,286 | ||||
| Servicer User Housing | Benefits - BwD | |||||||
| Gateways/Oozehead | Lane | 27,063 | 27,063 | 29,320 | ||||
| Hyndburn Borough Council - COVID 19 |
43,335 | 43,335 | ||||||
| Local Authority Funding |
for Witton | Bank | ||||||
| Rehab | 249,340 | 249,340 | 270,213 | |||||
| Greater Manchester | Mental Health |
NHS- | ||||||
| Salford | 450,188 | 450,188 | 448,399 | |||||
| CGL BWD - Inspire | 115,874 | 115,874 | 126,408 | |||||
| Big Lottery Fund | 67,128 | 67,128 | 131,635 | |||||
| Selnet Ltd | 22,565 | 22,565 | 23,920 | |||||
| Big Lottery Fund - COVID 19 | 55,000 | 55,000 | ||||||
| Big Lottery Fund - Main | Grants COVID | 60,384 | 60,384 | |||||
| Tesco/Groundworks | 500 | 500 | (7,500) | |||||
| Albert Gubay Charitable | Trust | 25,000 | 25,000 | |||||
| The Society for the Holy Child Jesus | 48,000 | |||||||
| Community Foundation |
2,000 | 2,000 | ||||||
| CRISIS UK | 5,000 | 5,000 | ||||||
| Salford City Council - | COVID 19 | 42,750 | 42,750 | |||||
| Julia and Hans Rausing | Trust | 10,000 | 10,000 | |||||
| Other small grants | 1,126 | 1,126 | ||||||
| HMRC JRS | 35,213 | 35,213 | ||||||
| Total | 232,077 | 1,381,358 | 1,613,435 | 1,442,676 |
| CHARITY TRADING INCOME | |||||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| E | 6 | 6 | 5 | ||
| CHARITY TRADING INCOME | |||||
| Income from Charity Shop | 4,489 | 4,489 | 14,371 | ||
| 4,489 | 4,489 | 14,371 | |||
| FUNDRAISING TRADING EXPENSES |
|||||
| Charity Shop trading expenses | 341 | 341 | 545 | ||
| 341 | 341 | 545 | |||
| Net income from charity trading | income | 4,148 | 4,148 | 13,826 | |
| In 2020, all trading income and trading expenses were from |
unrestricted funds. |
||||
| ANALYSIS OF EXPENDITURE | ON | CHARITABLE ACTIVITIES | |||
| Restricted | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| 6 | 6 | 6 | 5 | ||
| Core (including Edges and Dynamic |
|||||
| Intelligence project costs) |
112,936 | 39,972 | 152,908 | 50,520 | |
| Galligreaves Unit |
52,570 | 52,570 | 57,032 | ||
| Wltton Bank SSRehab | 303,168 | 303,168 | 344, 842 | ||
| Salford Housing and Recovery Projects |
543,828 | 543,828 | 599,912 | ||
| CRI - East and North Lancashire | 88,169 | 88,169 | 103,256 | ||
| BwD Gateways/Oozehead | 16,017 | 16,017 | 15,892 | ||
| Social Enterprise Projects (including |
Big | ||||
| Lottery) | 57,300 | 51,530 | 108,830 | 149,014 | |
| Selnet Ltd - BBOFunding | 14,569 | 14,569 | 17,132 | ||
| Society ofthe Holy Child Jesus | 28,104 | 28,104 | 6,404 | ||
| Completed and Capital Projects |
6,369 | 6,369 | 6,050 | ||
| 212,909 | 1,101,623 | 1,314,532 | 1,350,154 | ||
| Total 2020 | 1,350,154 | 1,350,154 |
| Core | Salford | CRI -CGL | ||||||
|---|---|---|---|---|---|---|---|---|
| Basis | of | (including | GalligreaveWitton | Bank | Housing | Sub- | ||
| Allocation | Edge) | s Unit | SS | Rehab | and Recov | Contracts | ||
| E | F | E | E | |||||
| Core storage rent | ||||||||
| and utility costs | 100% | 5,828 | ||||||
| Wages and | ||||||||
| salaries | 5% | 4,466 | 828 | 8,374 | 13,669 | 3,644 | ||
| National | ||||||||
| insurance | 255 | 77 | 762 | 1,086 | 313 | |||
| Pension cost | 76 | 10 | 160 | 484 | 141 | |||
| 10,625 | 915 | 9,296 | 15,239 | 4,098 | ||||
| Total 2020 | 6,558 | 1,047 | 10,900 | 17,743 | 4,956 | |||
| BwD | Social | Selnet Ltd- | Society of | |||||
| Gateways/C | Enterprise | BBO | the Holy | Total | Total | |||
| ozehead E |
Project E |
Funding E |
Child f. |
2021 E |
2020f | |||
| Core storage rent | ||||||||
| and utility costs |
5,828 | 6,443 | ||||||
| Wages and | ||||||||
| salaries | 3,210 | 525 | 775 | 35,491 | 36,411 | |||
| National | ||||||||
| insurance | 237 | 38 | 2,768 | 3,015 | ||||
| Pension cost | 109 | 15 | 995 | 1,157 | ||||
| 3,556 | 578 | 775 | 45,082 | 47,026 | ||||
| Total 2020 | 81 | 4,602 | 819 | 320 |
| Restricted | Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| 5 | F | |||||||
| Accountancy | fees | 7,783 | 7,783 | 2,339 | ||||
| Auditors' | remuneration | 2,750 | 2,750 | 2,810 | ||||
| Legal and | professional | fees | 8,275 | 8,275 | 16,224 | |||
| Loan interest | 18,320 | 18,320 | 19,000 | |||||
| Bank charges | and loan | arrangement | fees | 1,931 | 1,931 | 1,971 | ||
| 39,059 | 39,059 | 42,344 |
| Staff costs | Depreciation | Other costs | Total | Total | |
|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2021 | 2020 | |
| 6 | 6 | F | 6 | ||
| Expenditure on fundraising |
|||||
| trading | 341 | 341 | 545 | ||
| COSTS OF RAISING | |||||
| FUNDS | 341 | 341 | 545 | ||
| Core (inc COVID and one | |||||
| off grant project costs) | 56,360 | 95,437 | 152,908 | 50,520 | |
| Galligreaves Unit |
19,238 | 33332 | 52,570 | 57,032 | |
| Witton Bank SSRehab | 195,242 | 17,392 | 90,534 | 303,168 | 344, 842 |
| Salford Housing and |
|||||
| Recovery Projects | 320,034 | 7,497 | 216,297 | 543,828 | 571,695 |
| CRI - East and North | |||||
| Lancashire | 86,084 | 2,085 | 88,169 | 103,256 | |
| BwD Gateways/Oozehead | 16,017 | 16,017 | 15,892 | ||
| Social Enterprise Projects |
|||||
| (including Big Lottery) Selnet Ltd - BBOFunding |
74,698 12,160 |
1,285 | 32,847 2,409 |
108,830 14,569 |
149,014 17,132 |
| Activity 9 | 3,304 | ||||
| Bolton House | 24,918 | ||||
| Society ofthe Holy Child | |||||
| Jesus | 21,280 | 6,824 | 28,104 | 6,404 | |
| Completed and Capital |
|||||
| Projects | 6,369 | 6,369 | 6,045 | ||
| CHARITABLE ACTIVITIES | 785,096 | 33,654 | 495,782 | 1,314,532 | 1,350,154 |
| EXPENDITURE ON | |||||
| GOVERNANCE | 39,059 | 39,059 | 42,344 | ||
| 785,096 | 33,654 | 535,182 | 1,353,932 | 1,393,043 | |
| Total 2020 | 811,986 | 31,941 | 549,116 | 1,393,043 |
| 2021 | 2020f | ||||||
|---|---|---|---|---|---|---|---|
| Depreciation oftangible |
fixed assets: | ||||||
| -owned by the charity Auditors' remuneration -audit |
33,654 2,750 |
31,942 2,810 |
|||||
| Accountancy fees |
7,783 | 2,339 | |||||
| Operating lease rentals |
143,326 | 134,879 | |||||
| During the year, no trustees | received any remuneration | (2020 -fNIL). | |||||
| During the year, no trustees During the year, no trustees |
received any benefits in kind received any reimbursement |
(2020- 5NIL). ofexpenses (2020 |
- fNIL). | ||||
| Operating Leases |
|||||||
| 2021f | 2020 | ||||||
| Land and buildings | 140,821 | 130,453 | |||||
| Office equipment | 2,505 | 4,416 | |||||
| Total | 143,326 | 134,879 |
| STAFF COSTS Staff costs were as follows: |
||
|---|---|---|
| 2021f | 2020 | |
| Wages and salaries | 709,828 | 728,564 |
| Social security costs | 55,366 | 50,291 |
| Other pension costs | 19,902 | 23,131 |
| 785,096 | 811,985 |
| The av | erage number |
ofpe | rsons employed by the charity |
during the year was as follows: | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| No. | No. | ||||
| Project | personnel | 29 | 29 | ||
| Charity | administration | (incl | projects) | 5 | 5 |
| 34 |
| Land and | Other fixed | ||
|---|---|---|---|
| buildings | assets | Total | |
| E | 8 | F. | |
| COST | |||
| At 1 April 2020 | 1,152,734 | 147,887 | 1,300,621 |
| Additions | 12,067 | 17,555 | 29,622 |
| At 31 March 2021 | 1,164,801 | 165,442 | 1,330,243 |
| DEPRECIATION | |||
| At 1 April 2020 | 334,725 | 141,482 | 476,207 |
| Charge for the year | 26,251 | 7,403 | 33,654 |
| At 31 March 2021 | 360,976 | 148,885 | 509,861 |
| NET BOOK VALUE | |||
| At 31 March 2021 | 803,825 | 16,557 | 820,382 |
| At 31March 2020 | 818,009 | 6,405 | 824,414 |
| STATEMEN'T OF FUNDS - CU | RRENT YE | AR | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31 March | ||||
| 1 | April 2020 | Income | Expenditure | in/out | 2021 | |
| E | E | E | E | E | ||
| DESIGNATED FUNDS | ||||||
| Surplus from Autumn Ball Fundraiser |
11,252 | (11,252) | ||||
| GENERAL FUNDS | ||||||
| General Funds - all funds |
710,871 | 1,447,585 | (1,141,023) | 11,252 | 1,028,685 | |
| Total Unrestricted funds |
722,123 | 1,447,585 | (1,141,023) | 1,028,685 | ||
| RESTRICTED FUNDS | ||||||
| Balance at | ||||||
| Balance at | Transfers | 31 March | ||||
| 1 | April 2020 | Income | Expenditure | in/out | 2021 | |
| E | E | E | E | E | ||
| Futurebuilders -capital grant BwD PCT - capital grant BwD DAAT - capital grant Big Lottery Fund -Social Enterprise Selnet Ltd |
88,805 2,418 406 56,631 25,475 |
67,128 22,565 |
(2,800) (240) (60) (57,300) (14,569) |
86,005 2,178 346 66,459 33,471 |
||
| Public Health England - capital grant- new building The Society ofthe Holy Child Jesus Big Lottery Fund -Covid 19 Big Lottery Fund - Main Grants Covid Albert Gubay Charitable Trust |
128,773 41,596 |
55,000 60,384 25,000 |
(28,104) (44,950) (50,384) (12,502) |
128,773 13,492 10,050 10,000 12,498 |
||
| Community Foundation |
2,000 | (2,000) | ||||
| 344,104 | 232,077 | (212,909) | 363,272 | |||
| Total offunds | 1,066,227 | 1,679,662 | (1,353,932) | 1,391,957 | ||
| STATEMENT OF FUNDS - PRIOR YEAR | ||||||
| Balance at | ||||||
| Balance at | Gainsl | 31March | ||||
| 1April 2019f | Income | Expendituref | (Losses) | 2020 | ||
| Surplus from Autumn Ball Fundraiser |
11,252 | 11,252 | ||||
| General Funds - all funds |
664,255 | 1,295,224 | (1,248,748) | 140 | 710,871 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Gainsr | 31March | ||||
| 1 April 2019f | Income | Expendituref | (Losses)f | 2020f | ||
| Futurebuilders | - capital grant | 91,605 | (2,800) | 88,805 | ||
| BwD PCT - capital grant | 2658 | (240) | 2,418 | |||
| BwD DAAT - | capital grant | 466 | (60) | 406 | ||
| Big Lottery Fund - Social Enterprise | 39,710 | 131,635 | (114,714) | 56,631 | ||
| Selnet Ltd | 18,687 | 23,920 | (17,132) | 25,475 | ||
| Public Health | England - capital grant | |||||
| new building | 131,718 | (2,945) | 128,773 | |||
| The Society ofthe Holy Child Jesus | 48,000 | (6,404) | 41,596 | |||
| 284,844 | 203,555 | (144,295) | 344,104 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | ||||
| 1 April 2020f | Income f |
Expenditure E |
in/out | 2021 E |
||
| Designated funds General funds |
11,252 710,871 |
1,447,585 | (1,141,023) | (11,252) 11„252 |
1,028,685 | |
| 722,123 | 1,447,585 | (1,141,023) | 1,028,685 | |||
| Restricted | funds | 344,104 | 232,077 | (212,909) | 363,272 | |
| 1,066,227 | 1,679,662 | (1,353,932) | 1,391,957 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Gainer | 31March | ||||
| 1 April 2019 E |
Income E |
Expenditure f |
(Losses)f | 2020 E |
||
| Designated funds General funds |
11,252 664,255 |
1,295,224 | (1,248,748) | 140 | 11,252 710,871 |
|
| 675,507 | 1,295,224 | (1,248,748) | 140 | 722,123 | ||
| Restricted | funds | 284,844 | 203,555 | (144,295) | 344,104 | |
| 960,351 | 1,498, 779 | (1,393,043) | 140 | 1,066,227 |
| ANALYSIS OF | NET ASSETS BETWEEN FUNDS -C | URRENT YEAR | ||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| E | E | |||
| Tangible fixed Current assets |
assets | 363,272 | 820,382 643,252 |
820,382 1,006,524 |
| Creditors due | within one year | (101,626) | (101,626) | |
| Creditors due | in more than one year | (333,323) | (333,323) | |
| 363,272 | 1,028,685 | 1,391,957 |
| Reslr/cled | Unrestricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020 f |
2020 | 2020 | |||
| Tangible | fixed | assets | 222 885 | 601,529 | 824,414 |
| Current | assets | 133,138 | 570,774 | 703,912 | |
| Creditors | due | within one year | (11,919) | (100,330) | (112249) |
| Creditors | due | in more than one year | (349,850) | (349,850) | |
| 344,104 | 722,123 | 1,066,227 |
| RECONCILIATION ACTIVITIES |
OF NET MOV | EMENT | IN FUNDS | TO NET CASH F | LOW FROM OPERAT | ING |
|---|---|---|---|---|---|---|
| 2021 6 |
2020f | |||||
| Net income for the | year (as per Statement | of Financial | Activities) | 325,730 | 105,876 | |
| Adjustment for: |
||||||
| Depreciation charges |
33,654 | 31,942 | ||||
| Decrease/(increase) | in debtors | 34,707 | (33,676) | |||
| (Decrease)/increase | in creditors | (16,805) | 1,999 | |||
| Net cash provided | by operating | activities | 377,286 | 106,141 | ||
| ANALYSIS OF CASH AND CASH | EQUIVALENTS | |||||
| 2021 | 2020 | |||||
| 6 | ||||||
| Cash in hand | 820,942 | 459,623 | ||||
| Total | 820,942 | 459,623 |
| Land and buildings | Land and buildings | Other | |||
|---|---|---|---|---|---|
| 2021 | 2020f | 2021 6 |
2020 9 |
||
| AMOUNTS | PAYABLE: | ||||
| Within 1 year Between 2 and 5years |
32,055 | 31,231 | 1,670 | 2,506 1,461 |
|
| Total | 32,055 | 31,231 | 1,670 | 3,967 |