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|---|---|---|---|---|
|Report ofthe Trustees||1|to|11|
|Report ofthe Independent
Auditors||12|to|14|
|Statement ofFinancial|Activities|15|to|16|
|Statement of Financial|Position||17||
|Statement ofCash Flows|||18||
|Notes to the Statement|ofCash Flows||19||
|Notes to the Financial|Statements|20|to|33|
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||||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|E|E||E|
|INCOME AND|ENDOWMENTS|||FROM|||||
|Donations
and|legacies|||||||3,211|
|Charitable
activities|||||||||
|Celebrate||||||4,501|4,501|3,012|
|Carelink CCG||||||107,216|107,216|123,228|
|Spiritual
Development||||||26,843|26,843|57,623|
|Money Matters|-|NPower/Fuel||Bank|||||
|Foundation||||||32,513|32,513|31,304|
|Money Matters|-STW|||||10,734|10,734||
|Money Matters|- NLCF COVID|||Support|||||
|Grant||||||33,348|33,348||
|Restart|||||1,415,828|1,737|1,417,565|1,280,855|
|MHCLG Homeless
Link||||||45,000|45,000||
|Ixion BBO||||||20,081|20,081|23,094|
|Awards
for All||||||||3,679|
|Carelink
Building||Connections||||40,310|40,310|50,116|
|BLFReaching|Communities|||||84,245|84,245|92,789|
|CIVICPB||||||||2,951|
|Bemersley House||Investment||||||50,471|
|COVID Grants||||||14,028|14,028||
|Charles
Hayward||Foundation||||6,445|6,445||
|Barclays 100xE100k||||||41,819|41,819||
|Other trading
activities||||||||4,085|
|Other income|||||2,078||2,078|487|
|Total|||||1,417,906|468,820|1,886,726|1,726,905|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Celebrate||||||4,501|4,501|3,012|
|Carelink CCG||||||107,783|107,783|112,329|
|Spiritual
Development||||||43,478|43,478|59,820|
|Money Matters|- NPower/Fuel||Bank||||||
|Foundation||||||34,514|34,514|31,056|
|Money Matters|- STW|||||9,382|9,382||
|Money Matters|- NLCF COVID|||Support|||||
|Grant||||||30,318|30,318||
|Restart|||||971,940|1,737|973,677|965,618|
|MHCLG Homeless||Link||||45,000|45,000||
|Ixion BBO||||||17,911|17,911|20,262|
|Awards
for All||||||||3,679|
|BLFReaching|Communities|||||84,245|84,245|92,789|
|Carelink BLF||||||38,881|38,881|48,749|
|Mercia Mission||||||||3,565|
|CIVICPB||||||||3,036|
|Bemersley House||Investment||||||3,284|
|COVID Grants||||||14,028|14,028||
|Charles
Hayward||Foundation||||6,445|6,445||
||||The notes form part ofthese financial|||statements|||
##
||||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|E|E|E|E|
|Barclays 100xF100k||||||41,819|41,819||
|Other|||||326,030||326,030|262,482|
|Total|||||1,297,970|480,042|1,778,012|1,609,681|
|NET INCOME/(EXPENDITURE)|||||119,936|(11,222)|108,714|117,224|
|Impairment
of|Bemersley||House|8|(210,912)|(47,187)|(258,099)||
|Transfers
between||funds||21 ~10,973)||10,973|||
|Net movement|in funds||||(101,949)|(47,436)|(149,385)|117,224|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||forward|||375,212|47,075|422,287|305,063|
|TOTAL FUNDS|CARRIED||FORWARD||273,263|~361)|272,902|422,287|
##
||||31.3.21|31.3.20|
|---|---|---|---|---|
|||Notes||F|
|FIXEDASSETS|||||
|Tangible assets||13|664,355|129,377|
|CURRENT ASSETS|||||
|Debtors||14|74,125|18,677|
|Cash at bank and|in hand||403,843|517,414|
||||477,968|536,091|
|CREDITORS|||||
|Amounts
falling due within one year||15|(387,855)|(243,181)|
|NET CURRENT ASSETS|||90,113|292,910|
|TOTAL ASSETS|LESSCURRENT||||
|LIABILITIES|||754,468|422,287|
|CREDITORS|||||
|Amounts
falling due after more than one||year 16|(481,566)||
|NET ASSETS|||272,902|422,287|
|FUNDS||21|||
|Unrestricted
funds
Restricted funds|||273,263
~361i|375,212
47,075|
|TOTAL FUNDS|||272,902|422,287|
##
|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating||activities||||
|Cash generated
from operations||||192,940|276,960|
|Interest paid||||~14,906)||
|Net cash provided
by operating
activities||||178,034|276,960|
|Cash flows from investing||activities||||
|Purchase
oftangible
fixed assets||||(825,538)|(149,238)|
|Sale oftangible
fixed assets|||||3,169|
|Net cash used
in investing|activities|||~825,538)|)146,069)|
|Cash flows from financing||activities||||
|New loans
in year||||557,500||
|Loan repayments
in year||||~23,567)||
|Net cash provided
by financing
activities||||533,933||
|Change
in cash and cash||equivalents||||
|in the reporting
period||||(113,571)|130,891|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||517,414|386,523|
|Cash and cash equivalents||at the end||||
|ofthe reporting
period||||403,843|517,414|
##
|RECONCILIATION|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|TO NET CASH FLOW FROM|OPERATING|
|---|---|---|---|---|---|---|
|ACTIVITIES|||||||
||||||31.3.21|31.3.20|
||||||E|E|
|Net (expenditure)/income|||for the reporting|period (as|per the||
|Statement of Financial|||Activities)||(149,385)|117,224|
|Adjustments
for:|||||||
|Depreciation
charges|||||32,461|39,226|
|Profit on disposal of|fixed||assets|||(3,169)|
|Interest
paid|||||14,906||
|Impairment
offreehold||property|||258,099||
|(Increase)/decrease|in|debtors|||(55,448)|4,868|
|Increase
in creditors|||||92,307|118,811|
|Net cash provided|by|operations|||192,940|276,960|
##
|ANALYSIS OF C|HAN|GES
IN NET FUNDS/(|DEBT)|||
|---|---|---|---|---|---|
||||At 1.4.20|Cash flow|At 31.3.21|
||||E||F|
|Net cash||||||
|Cash at bank and|in hand||517,414|(113,571)|403,843|
||||517,414|~113,571)|403,843|
|Debt||||||
|Debts falling due|within|1 year||(52,367)|(52,367)|
|Debts falling due|after|1 year||(481,566)|(481,566)|
|||||(533,933)|(533,933)|
|Total|||517,414|(647,504)|(130,090)|
##
##
##
##
##
##
##
##
|Depreciat
estimated|ion
is provided
useful
life|at the
following
annual|at the
following
annual|
|---|---|---|---|
|Freehold|property|Not depreciated||
|Fixtures|and fittings|25% straight|line|
|Motor vehicles||25% straight|line|
|Computer|equipment|25% straight|line|
##
##
##
##
|3.|DONATIONS|AND|AND|LEGACIES|||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
||Gift aid|||||3,211|
|4.|OTHER TRADING|||ACTIVITIES|||
||||||31.3.21|31.3.20|
|||||||E|
||Mercia Mission||income|||4,085|
|5.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||31.3.21|31.3.20|
|||||||E|
||Celebrate||||4,501|3,012|
||Carelink CCG||||107,216|123,228|
||Spirtual
development||||26,843|57,623|
||Money matters-||||||
||Npower/Fuelbank||||32,513|31,304|
||Money Matters||—STW||10,734||
||Money Matters||—NLCF||||
||COVID Support||Grant||33,348||
||Restart||||1,415,828|1,280,855|
||Restart Chaplaincy||||1,737||
||MHCLG Homeless|||Link|45,000||
||IXION BBO||||20,081|23,094|
||Awards
for all|||||3,679|
||Carelink
Building||||||
||Connections||||40,310|50,116|
||BLFReaching||||||
||Communities||||84,245|92,789|
||CIVICPB|||||2,951|
||Bemersley House||||||
||Investment|||||50,471|
||COVID Grants||||14,028||
||Charles
Hayward||||6,445||
||Foundation||||||
||Barlcays 100xE100k||||41,819||
||||||1,884,648|1,719,122|
##
##
##
|||||Direct||
|---|---|---|---|---|---|
|||||Costs|Totals|
||||||F|
|Celebrate||||4,501|4,501|
|Carelink
CCG||||107,783|107,783|
|Spiritual
Development||||43,478|43,478|
|Money Matters|—NPower/Fuel||Bank|||
|Foundation||||34,514|34,514|
|Money Matters|-STW|||9,382|9,382|
|Money Matters|—NLCF COVID|||||
|Support
Grant||||30,318|30,318|
|Restart||||973,677|973,677|
|MHCLG Homeless||Link||45,000|45,000|
|Ixion BBO||||17,911|17,911|
|BLF Reaching|Communities|||84,245|84,245|
|Carelink BLF||||38,881|38,881|
|COVID Grants||||14,028|14,028|
|Charles
Hayward||Foundation||6,445|6,445|
|Barclays 100xE100k||||41,819|41,819|
|||||1,451,982|1,451,982|
##
|SUPPORT C|OST|S|S|S|||||
|---|---|---|---|---|---|---|---|---|
|||Management|||Finance|Governance|costs|Totals|
||||F|||E|||
|Other resources|||||||||
|expended|||312,313||2,186|11,531||326,030|
||||312,313||2,186|11,531||326,030|
|Support costs|are|allocated to|charitable|activities, as follows|||||
|||||||31.3.21||31.3.20|
|BLFReaching|Communities||||||18,689|15,527|
|Carelink
Building||Connections|||||11,319|10,192|
|Carelink CCG|||||||42,062|36,053|
|Ixion BBO|||||||7,617|8,136|
|Money Matters|- Npower/Fuelbank||||||12,742|11,120|
|Money Matters|- NLCF COVID||Support Grant||||11,338||
|Money Matters|-STW||||||3,413||
|Restart||||||180,282||159,827|
|MHCLG Homeless||Link|||||6,164||
|Barclays - 100xF100k|||||||9,496||
|Charles
Hayward||Foundation|||||2,799||
|Spiritual
Development|||||||20,108|21,627|
|Totals||||||326,030||262,482|
##
##
##
|Support cost|s, i|nclu|ded|in the above, a|re as follows:|||
|---|---|---|---|---|---|---|---|
|||||||31.3.21|31.3.20|
||||||Other|||
||||||resources|Total|Total|
||||||expended|activities|activities|
||||||E|E|E|
|Wages|||||193,684|193,684|175,749|
|Pensions|||||3,881|3,881|3,026|
|Other operating||leases|||1,691|1,691|1,847|
|Rates and water|||||1,343|1,343|2,573|
|Insurance|||||3,190|3,190|2,713|
|Light and heat|||||9,570|9,570|7,557|
|Telephone|||||13,441|13,441|10,657|
|Postage and|stationery||||2,125|2,125|2,560|
|Sundries|||||7,442|7,442|9,549|
|Rent|||||1,760|1,760||
|Repairs and|renewals||||52,071|52,071|14,157|
|Bad debts|||||||768|
|Travel costs|||||1,173|1,173|1,678|
|Depreciation|oftangible|||and heritage||||
|assets|||||6,036|6,036||
|Interest payable||and|similar charges||14,906|14,906||
|Bank charges|||||2,186|2,186|1,533|
|Auditors'
remuneration|||||3,335|3,335|3,320|
|Accountancy|and legal fees||||8,196|8,196|24,795|
||||||326,030|326,030|262,482|
|NET INCOME/(EXPENDITURE)||||||||
|Net income/(expenditure)||||is stated after|charging/(crediting):|||
|||||||31.3.21|31.3.20|
|Depreciation|-owned||assets|||32,461|39,226|
|Other operating||leases||||1,691|1,847|
|Surplus
on disposal|||of fixed assets||||(3,169)|
|Impairment
of Bemersley House||||||258,099||
##
##
##
||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
|Fees payable||to the charity's|auditors|for the audit ofthe charity's|||
|financial|statements||||3,335|3,320|
##
##
##
|STAFF COSTS|||
|---|---|---|
||31.3.21|31.3.20|
||E|E|
|Wages and salaries|193,684|175,749|
|Other pension costs|3,881|3,026|
||197,565|178,775|
|The average
monthly
number
ofemployees|during the year was as follows:||
|---|---|---|
||31.3.21|31.3.20|
|Employees|38|35|
|Trustees|6|6|
||44|41|
##
|12.|COMPARATIVES
FOR THE|COMPARATIVES
FOR THE|COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL|STATEMENT OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||fund|fund|funds|
|||||||E|||
||INCOME AND||ENDOWMENTS||FROM||||
||Donations
and||legacies|||3,211||3,211|
||Charitable
activities||||||||
||Celebrate||||||3,012|3,012|
||Carelink CCG||||||123,228|123,228|
||Spiritual
Development||||||57,623|57,623|
||Money Matters||- NPower/Fuel||Bank||||
||Foundation||||||31,304|31,304|
||Restart|||||1,257,192|23,663|1,280,855|
||Ixion BBO||||||23,094|23,094|
||Awards
for All||||||3,679|3,679|
||Carelink
Building Connections||||||50,116|50,116|
||BLFReaching||Communities||||92,789|92,789|
||CIVICPB|||||2,951||2,951|
||Bemersley House Investment||||||50,471|50,471|
||Other trading|activities|||||4,086|4,086|
||Other income|||||486||486|
||Total|||||1,263,840|463,065|1,726,905|
||EXPENDITURE ON||||||||
||Charitable
activities||||||||
||Celebrate||||||3,012|3,012|
||Carelink CCG||||||112,329|112,329|
||Spiritual
Development||||||59,820|59,820|
||Money Matters||- NPower/Fuel|Bank|||||
||Foundation||||||31,056|31,056|
||Restart|||||945,651|19,967|965,618|
||ixion BBO||||||20,262|20,262|
||Awards
for All||||||3,679|3,679|
||BLF Reaching||Communities||||92,789|92,789|
||Carelink
BLF||||||48,749|48,749|
||Mercia Mission||||||3,565|3,565|
||CIVICPB|||||3,036||3,036|
||Bemersley House Investment||||||3,284|3,284|
||Other|||||262,482||262,482|
||Total|||||1,211,169|398,512|1,609,681|
||NET INCOME|||||52,671|64,553|117,224|
||Transfers
between funds|||||19,985|~19,985)||
||Net movement||in funds|||72,656|44,568|117,224|
##
|12.|COMPARATIVES|FOR|FOR|THE|STATEMENT|OF FINANCIAL|ACTIVITIES - continued|ACTIVITIES - continued||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|
||||||||fund|fund|funds|
|||||||||E|E|
||RECONCILIATION|OF||FUNDS||||||
||Total funds brought||forward||||302,556|2,507|305,063|
||TOTAL FUNDS CARRIED FORWARD||||||375,212|47,075|422,287|
|13.|TANGIBLE FIXED|ASSETS||||||||
|||||||Fixtures||||
||||||Freehold|and|Motor|Computer||
||||||property|fittings
E|vehicles
F|equipment
f|Totals|
||COST|||||||||
||At 1 April 2020||||125,149|99,113|30,585|14,252|269,099|
||Additions||||742,950|72,256||10,332|825,538|
||Disposals|||||(97,876)|||(97,876)|
||Impairments||||~258,099)||||(258,099)|
||At 31 March 2021||||610,000|73,493|30,585|24,584|738,662|
||DEPRECIATION|||||||||
||At 1 April 2020|||||98,185|27,285|14,252|139,722|
||Charge for year|||||28,778|1,100|2,583|32,461|
||Eliminated
on disposal|||||~97,876)|||~97,876)|
||At 31 March 2021|||||29,087|28,385|16,835|74,307|
||NET BOOK VALUE|||||||||
||At 31 March 2021||||610,000|44,406|2,200|7,749|664,355|
||At 31 March 2020||||125,149|928|3,300||129,377|
|14.|DEBTORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
|||||||||31.3.21|31.3.20|
||Trade debtors|||||||58,370|4,035|
||Prepayments
and accrued income|||||||15,755|14,642|
|||||||||74,125.|18,677|
##
||||||
|---|---|---|---|---|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
||||31.3.21|31.3.20|
|Other loans (see note|17)||52,367||
|Trade creditors|||14,182|9,967|
|Other creditors|||17,834|13,766|
|Accruals and deferred|income||303,472|219,448|
||||387,855|243,181|
##
|||31.3.21|31.3.20|
|---|---|---|---|
||Other loans (see note 17)|481,566||
|17.|LOANS|||
||An analysis
ofthe maturity
of loans is given below:|||
|||31.3.21|31.3.20|
||Amounts
falling due within one year on demand:|||
||Otherloans|52,367||
||Amounts
falling between
one and two years:|||
||Other loans - 1-2years|54,274||
||Amounts
falling due between
two and five years:|||
||Other loans - 2-5 years|150,715||
||Amounts
falling due in more than five years:|||
||Repayable
by instalments:|||
||Other loans more 5yrs instalments|276,577||
||The company
has the following
loans:|||
##
|Minimum
lease payments
under non-canc|ellable
operating
leases|fall due as follows:||
|---|---|---|---|
|||31.3.21|31.3.20|
|Within one year||528|20,316|
|Between one and five years||2,112||
|||2,640|20,316|
|SECURED DEBTS||||
|The following secured debts are included|within creditors:|||
|||31.3.21|31.3.20|
|||E||
|Other loans||533,933||
##
|ANALY|SIS OF NET ASSETS B|ETWEEN FUNDS||||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
|||F||F||
|Fixed assets||664,355||664,355|129,377|
|Current|assets|239,571|238,397|477,968|536,091|
|Current|liabilities|(149,097)|(238,758)|(387,855)|(243,181)|
|Long term liabilities||~481,566)||(481,566)||
|||273,263|~361)|272,902|422,287|
##
|21.|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.20|in funds|funds|31.3.21|
||||||E|||
||Unrestricted|funds||||||
||General
fund|||375,212|(90,976)|(10,973)|273,263|
||Restricted funds|||||||
||Restricted
Funds|||47,075|(58,409)|10,973|(361)|
||TOTAL FUNDS|||422,287|(149,385)||272,902|
||Net movement|in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||E||
||Unrestricted|funds||||||
||General
fund||||1,417,906|(1,508,882)|(90,976)|
||Restricted funds|||||||
||Restricted
Funds||||468,820|(527,229)|(58,409)|
||TOTAL FUNDS||||1,886,726|~2,036,111)|~149,385)|
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.20|
||||||E|||
|Unrestricted|||funds|||||
|General|fund|||302,556|52,671|19,985|375,212|
|Restricted||funds||||||
|Restricted||Funds||2,507|64,553|(19,985)|47,075|
|TOTAL|FUNDS|||305,063|117,224||422,287|
##
|Comparative
net movement
in funds,
in|cluded
in the above are as follow|s:||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|||
|Unrestricted
funds||||
|General
fund|1,263,840|(1,211,169)|52,671|
|Restricted funds||||
|Restricted
Funds|463,065|(398,512)|64,553|
|TOTAL FUNDS|1,726,905|~1,609,661)|117,224|
|A current|year|12 months|and prior|year 12 months
combined|year 12 months
combined|position|is as follows:||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At 1.4.19||in funds|funds|31.3.21|
|||||||E|E||
|Unrestricted||funds|||||||
|General
fund||||302,556||(38,305)|9,012|273,263|
|Restricted|funds||||||||
|Restricted|Funds|||2,507||6,144|(9,012)|(361)|
|TOTAL FUNDS||||305,063|~32,161)|||272,902|
|A current year 12 months
and prior yea
above are as follows:|r 12 months
combined
net move|ment
in funds,|included
in th|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|||
|Unrestricted
funds||||
|General
fund|2,681,746|(2,720,051)|(38,305)|
|Restricted funds||||
|Restricted
Funds|931,885|(925,741)|6,144|
|TOTAL FUNDS|3,613,631|~3,645,792)|~32,161)|
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