2023-03-31-accounts - Horsham Matters Limited

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The Connecting Café HOASHAM MATTERS LTD ANNUAL REPORT 2022-2023

June 2023 HIDDEN POVERTY SURVEY INSIGHTS orshamMatt•r• The Hidden Poverty Survey Insights To read thèse finding5 head over to our website www.hor5ham-matters.org.uk HOPSHAM MATTERS LTD ANNUAL REPORT 2022-2015 15

AMAZING HORSHAM MATTERS LTD ANNUAL REPORT 2022-2023 21

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Note	2023	2023	2023 f	2022
Income from:
Donations and legacies				203,014	30,062	233,076	168,634
Charitable activities					262,583	262,583	230,480
Other trading activities				177,726	105	177,831	183,907
Investments				2,720		2,720	304
Other income				821		821	1,202
Total income				384,281	292,750	677,031	584,527
Expenditure on:
Raising funds				260,075	1,878	261,953	260,923
Charitable activities			8	31,614	311,624	343,238	302,521
Total expenditure				291,689	313,502	605,191	563,444
Net income I(expenditure)		before
other recognised	gains and losses			92,592	(20,752)	71,840	21,083
Net movement in funds				92,592	(20,752)	71,840	21,083
Reconciliation offunds:
Total funds brought	forward			410,632	142,977	553,609	532,526
Net movement in funds				92,592	(20,752)	71,840	21,083
Total funds carried forward				503,224	122,225	625,449	553,609

			Note	2023f	2022f
Cash flows from operating	activities
Net cash used in operating	activities		16	174,445	(13,083)
Cash flows from investing	activities
Dividends, interests and rents from investments				2,720	304
Proceeds from the sale ofintangible assets				1,000
Purchase oftangible fixed assets				(11,671)	(21,307)
Net cash used in investing	activities			(7,951)	(21,003)
Change in cash and cash	equivalents in	the year		166,494	(34,086)
Cash and cash equivalents	at the beginning	ofthe year		469,862	503,948
Cash and cash equivalents	at the end of	the year	17	636,356	469,862
The notes on pages 31 to 51 form part ofthese financial statements

Short-term leasehold	property	- 5 and 15years
Motor vehicles		- 3years
Computer equipment		- 3years
Skate ramps		- 5years

			Unrestricted	Restricted		Total
			funds	funds		funds
			2023	2023		2023
				6		6
Donations			203,014	30,062		233,076
			Unrestricted	Restricted		Total
			funds	funds		funds
			2022f	2022		2022f
Donations			98,467	70,167		168,634
Income from charitable		activities
				Restricted		Total
				funds		funds
				2023		2023
				6
					'
Charitable	activities			262,583		262,583
				Restricted		Total
				funds		funds
				2022		2022f
Charitable	activities			230480		230480

Restricted		Total
funds		funds
2023		2023
6
	'
262,583		262,583
Restricted		Total
funds		funds
2022		2022f
230,480		230,480

										Unrestricted	Total
										funds	funds
										2023	2023
Investment	income									2,720	2,720
										Unrestricted	Total
										funds	funds
										2022f	2022 F
Investment	income									304	304
Independent		examiner's		remuneration
										2023f	2022 F
Fees payable to the company's					independent			examiner	for the independent
examination		ofthe company's			annual		accounts			2,500	2,225
Fees payable to the company's					independent			examiner	in respect of:
Preparation		offinancial statements								2,525	2,500
Advisory services not			included		above					1,900	4,000
Staff costs
										2023	2022
Wages and	salaries									303,746	277,662
Social security costs										19,209	15,321
Contribution		to defined	contribution			pension		schemes		6,026	5,569
										328,981	298,552

		2023	2022
		No.	No.
Raising funds		7	8
Charitable	activities	11	11
Support		1	3
		19	22

	2023 8	2022f
Wages and salaries	78,925	85,971
Social security costs	8,809	8,508
Other pension costs	1,967	2,064
	89,701	96,543

					Support	Total
				Direct costs	costs	funds
				2023f	2023	2023f
Shop expenses				8,065		8,065
Wages				98,529	29,803	128,332
Social security				4,354	3,533	7,887
Employer pension		contribution		1,680	766	2,446
Premises expenses				68,124	6,978	75,102
Light and heat				12,516		12,516
Vehicle running	costs			5,804		5,804
Telephone				927		927
Sundry expenses				57		57
Insurance				986		986
Accountancy fees					6,927	6,927
Other legal and	professional		fees		621	621
Bank charges				2,829		2,829
Depreciation				7,704		7,704
				211,575	48,628	260,203

						Support	Total
					Direct costs	costs	funds
					2022 6	2022f	2022f
Shop expenses					11,104		11,104
Wages					100,473	28,080	128,553
Social security					3,647	3,143	6,790
Employers pension		contribution			1,573	730	2,303
Premises expenses					71,772	4,577	76,349
Light and heat					5,308		5,308
Vehicle running	costs				6,591		6,591
Telephone					860		860
Sundry expenses					4		4
Insurance					1,218		1,218
Accountancy fees						7,451	7,451
Other legal and	professional			fees		5,844	5,844
Bank charges					162		162
Depreciation					7,532		7,532
Costs ofraising	voluntary		income		854		854
					211,098	49,825	260,923

		2023 6	2022f
Donation	fees	1,750	854
		1,750	854

						Support	Total
					Direct costs	costs	funds
					2023	2023	2023
					6		8
Wages					155,545	19,869	175,414
Social security					8,953	2,355	11,308
Employers pension		contribution			3,083	511	3,594
Crisis direct expenses					4,959		4,959
Foodbank direct	expenses				34,173		34,173
Premises expenses					45,590	1,744	47,334
Light and heat					3,129		3,129
Vehicle running	costs				11,784		11,784
Project costs					2,500		2,500
Telephone					927		927
Printing, postage and stationery					4,773		4,773
Sundry expenses					325		325
Office expenses					6,237		6,237
Insurance					1,479		1,479
Travel and subsistence					817		817
Staff training and welfare					4,077		4,077
Accountancy fees						6,927	6,927
Other legal and	professional			fees		759	759
Depreciation					23,114		23,114
Interest paid					608		608
Donations
(Profit)/Loss on	disposal		on	fixed assets	(1,000)		(1,000)
					311,073	32,165	343,238

					Support	Total
				Direct costs	costs	funds
				2022	2022 6	2022f
Wages				130,389	18,720	149,109
Social security				6,436	2,095	8,531
Employers pension		contribution		2,779	487	3,266
Crisis direct expenses				9,214		9,214
Foodbank direct	expenses			9,638		9,638
Premises expenses				36,380	1,145	37,525
Light and heat				1,327		1,327
Vehicle running	costs			13,184		13,184
Project costs				460		460
Telephone				860		860
Printing, postage	and stationery			2,844		2,844
Sundry expenses				26		26
Office expenses				6,988		6,988
Insurance				1,828		1,828
Travel and subsistence				1,239		1,239
Staff training and welfare				4,206		4,206
Accountancy fees					7,450	7,450
Other legal and	professional		fees		7,143	7,143
Depreciation				22,597		22,597
Donations				15,086		15,086
				265,481	37,040	302,521

		Motor	Building	Computer
	Skate Ramp	vehicles	alterationsf	equipment 6	Total
Cost orvaluation
At 1 April 2022	24,101	51,735	102,887	41,161	219,884
Additions			8,360	3 311	11,671
Disposals		(6,271)			(6,271)
At 31 March 2023	24,101	45,464	111,247	44,472	225,284
Depreciation
At 1 April 2022	24,101	31,545	50,163	30,485	136,294
Charge for the year		13,116	12,010	5,692	30,818
On disposals		(6,271)			(6,271)
At 31 March 2023	24,101	38,390	62,173	36,177	160,841
Net book value
At 31 March 2023		7,074	49,074	8,295	64,443
At 31 March 2022		20,190	52,724	10,676	83,590

	Investments
	in
	subsidiary
	companies
Cost or valuation
At 1 April 2022	100
At 31 March 2023	100
Net book value
At 31 March 2023	100
At 31 March 2022	100

		2023	2022f
Due within one year
Trade debtors		24,018	10'I,081
Amounts owed by group undertakings		967	867
Other debtors		2,388
Prepayments	and accrued income	29,615	29,860
		56,988	131,808

		2023	2022f
Trade creditors		7,301	7,140
Other taxation and social secudity		4,530	17,029
Other creditors		3,588	3,375
Accruals and deferred	income	117,019	104,207
		132,438	131,751

							Balance at
			Balance at 1			Transfers	31 March
			April 2022 6	Income 6	Expenditure f	in/out F	2023 f
Unrestricted funds
Designated funds
Food provision			50,000			25,000	75,000
General funds
General Fund			360,632	384,281	(291,689)	(25,000)	428,224
Total Unrestricted	funds		410,632	384,281	(291,689)		503,224
Restricted funds
Fuel Poverty			6,738	7,302	(8,413)		5,627
Moto in the Community		Trust	260				260
Crisis			12,479	6,388	(18,867)
Foodbank			85,325	241,148	(241,398)		85,075
Night Shelter			11,956				11,956
Horsham Church Together			810	15,062	(14,988)		884
National Lottery - Redkiln rent				10,000	(10,000)
Household storage			1,350	850	(729)		1,471
WSCC staff costs			329		(329)
WSCC citizens advice		debt
adviser			23,730	5,000	(18,778)		9,952
Sussex Community	Foundation			7,000			7,000
			142,977	292,750	(313,502)		122,225
Total offunds			553,609	677,031	(605,191)		625,449

Statement of	funds -	prior yea	r
								Balance at
			Balance at				Transfers	31 March
			1 April 2021 F	Income 6	Expenditure	f	in/out	2022
Unrestricted	funds
Food provision			50,000					50,000
General Fund			367,653	283,880	(295,901)		5,000	360,632
Restricted funds
Fuel Poverty			5,969	7,158	(6,389)			6,738
Moto in the Community		Trust	260					260
Crisis			17,701	5,614				12,479
Foodbank			74,217	212,466				85,325
Night Shelter			8,660	4,017				11,956
Horsham Church Together			3,066	13,042				810
WSCC - IT			5,000				(5,000)
Household storage				1,350				1,350
WSCC staff costs				15,000	(14,671)			329
WSCC citizens advice		debt
adviser				42,000	(18,270)			23,730
			114,873	300,647	(267,543)		(5,000)	142,977
Total offunds			532,526	584,527	(563,444)			553,609

	Analysis of n	et ass	ets betwe	en	funds - current yea	r
						Unrestricted	Restricted	Total
						funds	funds	funds
						2023	2023	2023
						6	6	6
	Tangible fixed	assets				64,443		64,443
	Fixed asset investments					100		100
	Current assets					571,119	122,225	693,344
	Creditors due	within	one year			(132,438)		(132,438)
	Total					503,224	122,225	625,449
	Analysis ofnet assets between				funds - prior year
						Unrestricted	Restricted	Total
						funds	funds	funds
						2022f	2022 8	2022 5
	Tangible fixed	assets				83,590		83,590
	Fixed asset investments					100		100
	Current assets					458,693	142,977	601,670
	Creditors due	within	one year			(131,751)		(131,751)
	Total					410,632	142,977	553,609
16.	Reconciliation	of net movement			in funds to net cash flow from operating		activities
							2023	2022
							6
	Net income for the year (as per Statement of Financial					Activities)	71,840	21,083
	Adjustments	for:
	Depreciation charges						30,818	30,128
	Dividends, interests		and rents	from investments			(2,720)	(304)
	Profit on the sale offixed assets						(1,000)
	Decrease/(increase)		in debtors				74,820	(34,258)
	Increase/(decrease)		in creditors				687	(107,095)
	Net cash provided		by/(used	in) operating activities			174,445	(90,446)

		2023f	2022f
Cash in hand		636,356	469,862
Total cash and cash	equivalents	636,356	469,862
Analysis ofchanges	in net debt

						At 1 April		At 31 March
						2022	Cash flows	2023
Cash	at	bank	and	in	hand	469,862
						469,862	166,494	636,356

cancell	ab	le operating leases as follows:
			2023	2022
Within	1	year	71,750	74,567
Between		1 and 5years	185,084	292,168
Total			256,834	366,735

Horshammatters Meeting Needs and Improving Live5 HORSHAM MATTERS LTD ANNUAL REPORT 2022-2023