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|Trustees||J E Hall||||
|---|---|---|---|---|---|
|||P Shanks||(Appointed|7 February|
|||||2023)||
|Charity number||1121825||||
|Company|number|06187822||||
|Registered|otfice|Suite 1,Armcon|Business Park|||
|||London Road South||||
|||Poynton||||
|||Cheshire||||
|||United Kingdom||||
|||SK12 1LQ||||
|Auditor||Azets Audit Services||||
|||Alpha House||||
|||4Greek Street||||
|||Stockport||||
|||United Kingdom||||
|||SK38AB||||
|Bankers||Barclays Bank|PLC|||
|||Leicester||||
|||Leicestershire||||
|||United Kingdom||||
|||LE872BB||||
|Solicitors||Frettens Solicitors||||
|||2 Christchurch|Road|||
|||Ringwood||||
|||Hampshire||||
|||BH24 1DN||||
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|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report||
|Statement
offinancial|activities||
|Balance sheet||10|
|Statement ofcash flows|||
|Notes to the financial|statements|12-22|
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|||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2623|2022|
||||Notes|8|8|
|Charitable
activities|||3|6,447,696|5,789,246|
|Investments|||4|22|31|
|Other income|||5|1,300,396|588,163|
|Total income||||7,748,114|6,377,440|
|Ezttgmfltttm3)0;||||||
|Charitable
activities|||6|6,767,385|5,416,824|
|Other|||11|1,253,605|946,257|
|Total expenditure||||8,020,990|6,363,081|
|Net (expenditure)/income||for the year/||||
|Net movement|in funds|||(272,876)|14,359|
|Fund balances at 1 April||2022||680,248|665,889|
|Fund balances|at 31March 2023|||407,372|680,248|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|2||5||
|Fixed assets|||||||
|Tangible assets||13||||3,426|
|Current assets|||||||
|Debtors||14|543,510||699,175||
|Cash at bank and in|hand||467,437||285,893||
||||1,010,947||985,068||
|Creditors: amounts|falling due within||||||
|one year||15|(603,575)||(308,246)||
|Net current assets||||407,372||676,822|
|Total assets less current liabiliges||||407,372||680,248|
|Income funds|||||||
|Unrestricted
funds||||407,372||680,248|
|||||407,372||680,248|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||6||
|Cash flows from operating||activities|||||||
|Cash generated
from operations||||21||179,067||(482,702)|
|Interest element ofhire purchase|||payments||||||
|paid||||||(92)||(977)|
|Net cash|(used in)lprovided|by operating|||||||
|activities||||||178,975||(483,879)|
|Investing|activities||||||||
|Proceeds|from disposal oftangible||fixed||||||
|assets|||||4,932||6,610||
|Investment|income received||||22||31||
|Net cash|generated
from investing||||||||
|activities||||||4,954||6,641|
|Financing|activities||||||||
|Capital repayments
in the year|||||(2,385)||(5,230)||
|Net cash|used in financing|activities||||(2,385)||(5,230)|
|Net increase/(decrease)
in||cash|and cash||||||
|equivalents||||||181,544||(482,268)|
|Cash and|cash equivalents|at beginning||ofyear||285,893||768,161|
|Cash and|cash equivalents|at end of||year||467,437||285,893|
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|4|Invesbnents||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Unrestricted|
|||||||||funds|
||||||||2023
8|2022f|
||Bank interest||received||||22|31|
|5|Other income||||||||
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2023|2022|
||||||||8|f|
||Development||Income||||754,468|221,411|
||Office recharges||||||15,923|23,357|
||Comwall
Refurbishment||||Income||530,005|343,395|
||||||||1,300,396|588,163|
|0|Charitable|activities|||||||
||||||||Charitable|Charitable|
||||||||Expenditure|Expenditure|
||||||||2023|2022|
||||||||8|8|
||Staif costs||||||656,160|463,951|
||Travel costs||||||46,331|31,678|
||Maintenance||charges||||316||
||Rent and rates||||||4,287,954|3,904,433|
||Other direct||costs||||1,425,193|752,860|
||Legal and professional||||fees|21 December|164,663|114,819|
||||||||6,580,617|5,267,741|
||Share of support costs||||(see nots 7)||161,784|133,813|
||Share ofgovernance|||costs (see note 7)|||24,984|15,270|
||||||||6,767,385|5,416,824|
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|||Support|Governance|2023|Support|Governance|2022|
|---|---|---|---|---|---|---|---|
|||costs|costs||costs|costs||
|||E|E||E|E||
|Oflice costs||80,224||80,224|68,412||68,412|
|Sundry expenses||3,949||3,949|4,279||4,279|
|ITcosts||35,915||35,915|11,085||11,085|
|Staff welfare,|recruitment|||||||
|and training||12,739||12,739|27,474||27,474|
|Subscriptions|||||705||705|
|Bank charges||177||177|169||169|
|Motor expenses||1,197||1,197|1,382||1,382|
|Bad debts||27,491||27,491|19,330||19,330|
|Hire purchase|interest|92||92|977||977|
|Audit fees|||12,000|12,000||9,270|9,270|
|Accountancy.|legal and|||||||
|professional|||12,984|12,984||6,000|6,000|
|||161,784|24,984|186,768|133,813|15,270|149,083|
|Analysed
between||||||||
|Charitable
activities||161,784|24,984|186,768|133,813|15,270|149,083|
|Net movement
in funds|||2023|2022|
|---|---|---|---|---|
||||E|E|
|Net movement
in funds is stated|after charging/(crediting)||||
|Fees payable to the company's|auditor for the audit ofthe company's|financial|||
|statements|||12,000|9,270|
|Depreciation
of owned tangible|fixed assets||1,069|4,359|
|Hire of plant and machinery||||1,848|
|Profit on disposal oftangible
fixed assets|||(2,574)||
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||The average
monthly
num|ber ofemploye|es
during the|year was:|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||Number|Number|
||||||16|12|
||Employment
costs||||2023f|2022
6|
||Wages and salaries||||593,595|416,736|
||Social security costs||||52,970|40,403|
||Other pension costs||||9,595|6,812|
||||||656,160|463,951|
||The number ofemployees|whose annual|remuneration|was more than 660,000|||
||isas follows:||||||
||||||2023|2022|
||||||Number|Number|
||660,000 - 670,000||||||
|11|Other||||||
|The number
isas follows:|ofemployees
whose annual
remuneration
was mor|e than 660,000||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|660,000 - 670,000||||
|Other||||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2023|2022|
|||6|6|
|Net profit on|disposal oftangible 8xed assets|(2,574)||
|Maintenance|charges|1,255,110|941,898|
|Depreciation||1,069|4,359|
|||1,253,605|946,257|
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|13|Tangible fixed assets||||||
|---|---|---|---|---|---|---|
||||Fixtures snd|Computers|Motor vehicles|Total|
||||attinss||||
||||8|8|8||
||Cost||||||
||At 1 April 2022||9,287|4,845|8,050|22,182|
||Disposals||||(8,050)|(8,050)|
||At 31 March 2023||9,287|4,845||14,132|
||Depreciation
and impairment||||||
||At 1 April 2022||8,851|4,756|5,149|18,756|
||Depreciation
charged|in the year|436|89|544|1,069|
||Eliminated
in respect ofdisposals||||(5,693)|(5,693)|
||At 31 March 2023||9,287|4,845||14,132|
||Carrying
amount||||||
||At 31 March 2023||||||
||At 31 March 2022||436|89|2,901|3,426|
|14|Debtors||||||
||||||2023|2022|
||Amounts
falling due|within one year:|||8|8|
||Trade debtors||||118,153|209,238|
||Other debtors||||6,752|58,281|
||Prepayments
and accrued income||||418,605|322,154|
||||||543,510|589,673|
||||||2023|2022|
||Amounts
falling due|after more than one year:||||8|
||Other debtors|||||109,502|
||Totaldebtors||||543,510|699,175|
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|15|Creditors: amounts|falling due|within one year||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Notes|5||
||Obligations
under finance leases|||16||2,385|
||Other taxation and social security||||13,933|9,049|
||Trade creditors||||103,484|24,478|
||Other creditors||||119,851||
||Accruals and deferred|income|||366,307|272,334|
||||||603,575|308,246|
|16|Finance lease commitments||||||
||Future minimum
lease payments||due under finance leases;||||
||||||2023|2022|
||||||6||
||Within one year|||||(2,385)|
##
||2023f|2022
6|
|---|---|---|
|Within one year|4,578,999|3,262,854|
|Between two and five years|13,074,993|8,299,667|
|In over five years|30,682,514|12,555,506|
||48,336,506|24,118,027|
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|Analysis|ofnet assets between
funds||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
|||||6|
|Fund balances at 31 March 2023 are represented||by:|||
|Tangible|assets|||3,426|
|Current|assets/(liabilities)||407,372|676,822|
||||407,372|680,248|
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|Cash generated
from|operations|||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||6|6|
|(Deficit)/surpus
for the|year|||||(272,876)|14,359|
|Adjustments
for:||||||||
|Investment
income recognised
in||statement||offinancial|activities|(22)|(31)|
|Gain on disposal oftangible
fixed||assets||||(2,574)||
|Depreciation
and impairment
oftangible|||fixed assets|||1,069|4,359|
|Interest element of hire|purchase|and finance lease rental payments||||92|977|
|Movements
in working|capital:|||||||
|Decrease/(increase)
in|debtors|||||155,665|(161,966)|
|Increase/(decrease)
in|creditors|||||297,713|(340,400)|
|Cash generated
from/(absorbed||by) operations||||179,067|(482,702)|
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|22|Analysis|ofchanges|in net funds||||
|---|---|---|---|---|---|---|
|||||At 1AsrII 2022|Cash SwvsAI 21 Inarch 2022||
||||||8|8|
||Cash at bank and in||hand|285,893|181,544|467,437|
||Obligations|under finance leases||(2,385)|2,385||
|||||283,508|183,929|467,437|