PATHWAYS OF CHESTERFIELD
ACCOUNTS FOR THE YEAR ENDED
31 MARCH 2021
CHARITY NUMBER 1118638
RODDIS TAYLOR ROBINSON
CHARTERED ACCOUNTANTS
SHEFFIELD
PATHWAYS OF CHESTERFIELD
CHARITY INFORMATION
REFERENCE AND ADMINISTRATIVE DETAILS
The full name of the Charity is Pathways: Chesterfield Day Centre for the Homeless. The Charity’s working name is Pathways of Chesterfield.
Pathways of Chesterfield is a registered Charity. The registration number is 1118638. The Charity is governed by a Constitution dated 20 November 2003 as amended on 19 October 2006.
TRUSTEES:
The trustees who served during the year were as follows:
Mr R Minns (resigned 31 July 2020) Mr F Bacon Mrs S C Walker Mrs S Johnson Dr C Madden Mr D Angus (resigned 31 July 2020) Ms E J Coy Mr T Deveney Mr S Joce (appointed 26 November 2020) Mrs L E Newbould-Jones (appointed 26 November 2020)
ADDRESS OF CHARITY
120 Saltergate Chesterfield S40 1NG
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PATHWAYS OF CHESTERFIELD
I report on the accounts of the charity for the year ended 31 March 2021 which are set out on pages 3 to 9.
Respective responsibilities of the 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with the 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:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Julie Holderness ACA FCCA For and on behalf of Roddis Taylor Robinson Chartered Accountants
Unit 6 Acorn Business Park Woodseats Close Sheffield S8 0TB
1 December 2021
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PATHWAYS OF CHESTERFIELD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2021
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | ||
| Notes | Funds | Funds | 2021 | 2020 | |
| £ | £ | £ | £ | ||
| INCOME | |||||
| Voluntary income | 2 | 67395 | 243561 | 310956 | 205009 |
| Gift Aid recovery | 4539 | - | 4539 | 2781 | |
| Interest received | 89 | - | 89 | 211 | |
| Fund raising activities | - | - | - | 225 | |
| ______ | ______ | ______ | ______ | ||
| TOTAL INCOME | 72023 | 243561 | 315584 | 208226 | |
| ______ | ______ | ______ | ______ | ||
| EXPENDITURE | |||||
| Charitable activities | 3 | 102315 | 185937 | 288252 | 192353 |
| Governance costs | 4 | 570 | - | 570 | 570 |
| Other resources expended | 5 | - | - | - | 473 |
| ______ | ______ | ______ | ______ | ||
| TOTAL EXPENDITURE | 102885 | 185937 | 288822 | 193396 | |
| ______ | ______ | ______ | ______ | ||
| NET INCOME/ (EXPENDITURE) | ((30862) | 57624(((222267622242614830 | |||
| Transfer between funds | 68868 | (68868) | - | - | |
| ______ | ______ | ______ | ______ | ||
| NET MOVEMENT IN FUNDS | 38006 | (11244) | 26762 |
((21614830 | |
| RECONCILIATION OF FUNDS | |||||
| Fund balances brought forward | 11 | 53896 | 50021 | 103917 | 89087 |
| ______ | ______ | ______ | ______ | ||
| Fund balances carried forward | 91902 | 38777 | 130679 | 103917 | |
| ______ | ______ | ______ | ______ |
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PATHWAYS OF CHESTERFIELD
BALANCE SHEET AT 31 MARCH 2021
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS: AMOUNTS DUE WITHIN ONE YEAR NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL NET ASSETS THE FUNDS OF THE CHARITY Restricted income funds Unrestricted funds |
Notes 6 7 8 11 11 |
Total Funds 2021 £ 10942 __ 97501 105065 _ 202566 (82829) _ 119737 __ 130679 _ 130679 _ 38777 91902 __ 130679 ____ |
|---|---|---|
Approved by the Board of Trustees on 1 December 2021 and signed on the Board's behalf by
.......................................... Dr C Madden - Chair
.......................................... F H Bacon - Treasurer
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PATHWAYS OF CHESTERFIELD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.
The financial statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest £1.
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a. All grants, and voluntary income are accounted for gross when receivable, as long as they are capable of financial measurement.
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b. All expenditure is accounted for gross, and when incurred.
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c. Costs of activities in furtherance of the Charity’s objects include the direct costs of the activities and depreciation on related assets.
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d. Support costs comprise service costs incurred centrally in support of the Charity’s work.
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e. Fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated to write off the cost of fixed assets over the expected useful life of the assets concerned. The principal annual rates used for this purpose are as follows:
Improvements to leasehold premises – over the remaining term of the lease Computer equipment – 33% reducing balance Kitchen equipment – 20% reducing balance Office furniture – 20% reducing balance and 33% reducing balance
- f. Operating lease rentals are charged in the statement of financial activities in accordance with the lease agreements.
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PATHWAYS OF CHESTERFIELD
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES (CONTINUED)
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g. The Charity is not registered for VAT, therefore all items of expenditure are accounted for gross of VAT.
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h. The Charity operates a defined contribution pension scheme. Contributions payable to the Charity’s pension scheme are charged to the statement of financial activities in the period to which they relate.
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i. Debtors and creditors are recorded at transaction price.
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j. Grants received to fund the Charity’s activities over more than one accounting period are treated as deferred income and released to the Statement of Financial Activities as the related services are provided.
2. VOLUNTARY INCOME
| Grants Donations 3. CHARITABLE ACTIVITIES |
2021 £ 225228 85728 __ 310956 ____ |
2020 £ 155273 49736 __ 205009 ____ |
|---|---|---|
| Wages, national insurance & pensions Rent Rates, water rates, waste disposal, light & heat Telephone & internet Printing, postage, stationery & computer expenses Insurance Staff Expenses Staff Training Client service costs Payroll processing Repairs & renewals Office & sundry expenses Depreciation |
2021 £ 191466 21167 7064 5608 3874 1802 3186 737 45034 622 630 3725 3337 __ 288252 ____ |
2020 £ 150327 12000 4425 3158 2446 1560 1503 1020 7988 783 3285 1714 2144 __ 192353 ____ |
|---|---|---|
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PATHWAYS OF CHESTERFIELD
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
4. GOVERNANCE COSTS
| 4. GOVERNANCE COSTS |
||||
|---|---|---|---|---|
| Examiners fee 5. OTHER RESOURCES EXPENDED Fund raising costs |
____ | 2021 £ 570 _ 2021 £ - _ |
____ | 2020 £ 570 _ 2020 £ 473 _ |
| _ | ||||
| ____ | _ | ____ |
6. TANGIBLE FIXED ASSETS
| Improvements to Leasehold Computer Premises Equipment £ £ Cost: At 1 April 2020 6082 7287 Additions 912 4745 __ _ At 31 March 2021 6994 12032 _ __ Depreciation: At 1 April 2020 5777 3904 Charge for the year 228 2243 _ _ At 31 March 2021 6005 6147 __ _ Net book value: At 31 March 2021 989 5885 _ __ Net book value: At 31 March 2020 305 3383 _ _ |
Kitchen Equipment £ 1561 - __ 1561 _ 660 180 _ 840 __ 721 _ 901) _ |
Office Furniture £ 4158 1116 __ 5274 _ 1241 686 _ 1927 __ 3347 _ 2917 _ |
__ |
Total 19088 6773 _ 25861 _ 11582 3337 _ 14919 _ 10942 _ 7506 _ |
|---|---|---|---|---|
| __ |
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PATHWAYS OF CHESTERFIELD
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
7. DEBTORS
| 7. DEBTORS |
|||
|---|---|---|---|
| Prepayments and accrued income Other debtors 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income |
2021 £ 97501 - __ 97501 _ 2021 £ 82829 ___ |
2020 £ 23580 203 __ 23783 _ 2019 £ 83405 __ |
|
9. TRUSTEES’ EXPENSES AND REMUNERATION
No Trustee received any reimbursed expenses or remuneration.
10. EMPLOYEE EMOLUMENTS
The average number of employees during the year was:
| Number of employees Their total remuneration was as follows: Wages and salaries Social Security costs Defined contribution pension costs |
___ |
|---|---|
No employee earned £60000 per annum or more.
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PATHWAYS OF CHESTERFIELD
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
11. ANALYSIS OF CHARITABLE FUNDS
Analysis of Fund Movements Restricted funds Unrestricted funds |
Balance Brought Forward £ 50021 53896 _ 103917 _ |
Income Expenditure £ £ 243561 185937 72023 102885 __ _ 315584(288822 ___ |
Transfer Between Funds £ (68868) 68868 __ - __ |
Balance Carried Forward £ 38777 91902 __ 130679 __ |
|---|---|---|---|---|
Restricted funds represent money received to finance particular project expenses, which are specifically noted as restricted by the donor.
Unrestricted funds are the funds which are available for use at the discretion of the Trustees in furtherance of the general objects of the Charity and which have not been designated for other purposes.
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted Funds Current year £ Tangible fixed assets 7667 Cash at bank and in hand 69413 Other net assets/ (liabilities) 14822 __ 91902 _ Unrestricted Funds Previous year £ Tangible fixed assets 5925 Cash at bank and in hand 40253 Other net assets/ (liabilities) 7718 ___ 53896 ______ |
Restricted Funds £ 3275 35652 (150) __ 38777 _ Restricted Funds £ 1581 115780 (67340) ___ 50021 ______ |
Total £ 10942 105065 14672 __ 130679 _ Total £ 7506 156033 (59622) ___ 103917 ______ |
|---|---|---|
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