**Charity Registration No. 1122050** ## **OPEN DOOR COMMUNITY ACTION TRUST** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **CONTENTS** |Trustees and Officers
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts|Page No.| |---|---| ||
1
2 - 3
4
5
6
7 - 9| ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **TRUSTEES AND OFFICERS** **Working names** ODCAT Open Door Trust Open Door Peterborough **Trustees** Mrs Margaret Parkes Mr Stephen Warburton Mr David Key **Address** Open Door Baptist Church 73 Hallfields Lane Peterborough PE4 7YL Telephone: 01733 708090 Website: www.opendoortrust.com **Independent Examiner** Mark Jackson FCA DChA 19 Sebrights Way Bretton Peterborough PE3 9BT **Bankers** HSBC Bank plc Cathedral Square Peterborough PE1 1XL - 1 - ## **OPEN DOOR COMMUNITY ACTION TRUST** **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** ## **Trust Deed** Open Door Community Action Trust was registered with the Charity Commission on 17 September 2007 and operates under a Trust Deed. ## **Structure, Governance and Management** The following Trustees have been in office since 1 January 2021: Mrs Margaret Parkes Mr Stephen Warburton Mr David Key The powers of appointment or removal of the Trustees rests with the Trustees. New Trustees are selected from appropriately gifted people from within Open Door Community Action Trust or wider relationships. The charity works alongside Open Door Church, Peterborough, which is based at the same address. ## **Aims and Objectives** The objects of the charity are: 1. The relief of financial hardship either generally or individually of people living in the Peterborough area, by making grants of money for providing or paying for items, services or facilities. 2. To develop the capacity and skills of members of the sccially and economically disadvantaged community of Peterborough, in such a way that they are better able to identify, and help meet their needs and to participate more fully in society. 3. The relief of unemployment for the benefit of the public in such ways as may be thought fit, including assistance to find employment. ## **Activities** The trustees have taken account of the Charity Commission's guidance on public benefit in determining its activities. Community Projects that are run by the charity include: **Christians Against Poverty (CAP):** The Peterborough Centre works in partnership with the national Charity of the same name to provide debt counselling services to clients in their own homes, offering help with budgeting, money management, and bankruptcy as necessary, until each client is debt free. Pastoral support is given through a volunteer befriender. This work continued online and by phone during the lockdown. In 2021 we helped between 40-45 households, of which 9 went debt free. We helped to clear £124,243 worth of debt. - 2 - OPEN DOOR COMMUNITY ACTION TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Activitios (continuadl CAP Job Clubs: Run by (Njr Debt Coach arKI team. Job Club5 provide an &week course to train delegate5 to bo reaty for work, improve confidence and prowde them with intervw skils. In 2021 we ran 4 ct)uTres. inclLKling 1 online and we had 41 people atteThJ. 16 of those gained emplO￿ent PosFbve feedback from dglggates said the course has incxeased their Conf￿er￿e aThJ helped them to di8c4)vertheir skills and value to emplojers. Kintsuigi Ho￿. We hdd &)urses that deal with *￿1b81￿j. mentsl heamh aTrJ rnana3ement offinanc*s. Community Fridge: We run a ￿mMUn￿ frty, is (pen ￿ Ffiday momings. providing food, and a listening ear, to those in food pjverty. Ad$ 435 Referrals: We partner wth Acts 435 to vkn we ath for grants of rn￿Y up to £150 to distriblrte to those with a spectfic in our u)mmunity. Hope into Action: We c￿tinue to offer pastsy41 supP￿t to residents Iwyjsed in Iwo I￿al Hope into Action homes. Flnanclal Revlew The Trusfs principal fiJndiThJ source5 in 2021 were from grants and indMdu81 donations from the churth community and fundrdising efft)rt5. During the sear the charity secured funding for 2 Yea￿ from The Big Lottery. The Trust is aimiThJ to bjild reserves to enable the to be sustsinable. Future Plans The Trust intends to continue the aL*vil*s noted *iih ajditmal fin￿la1 resources being sought to be able to enhaTr￿ the w)rk. statemant of Trust•es' Responsibilities Charity law requtyes the Trustees to prepare ststements d accounts for eath finandal swr. In preparing those ffinanoal statements, th8 are requirgd to.. sdect suitable accounting wAicies and apptythem consistenty. make judgements and estimate5 that are reasi>nabfe and wudent stale whether applicab￿ accounting standarts and statements of re(xJmm8nded practice have bèen folk)wed, Subl￿t lo any departu￿ disdosed and explain&l in the financial statements.. and prepare the financial ststements on a g(MrvJ ￿)nCern basis unless tt is inappropriate lo presume that the trust wll conlinug to W. iv) On behall of the Truslees Mtsm Date= garet Parkes, Trustee 61D121 OPEN DOOR COMMUNITY ACTION TRUST INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE OPEN DOOR COMMUNITY ACTION TRUST I report on the actounts of the for the year ended 31 Decemt¢r 2021, which are set OLrt on pages 5 to 9. R05peclive responsibilities of trustees and examlner The tharty's trustees are reswnsible for the preparation of the accounts. The ¢harity's trustees consider that an audit is not required for this year uThJer wtion 14412) of the char￿eS Ad 2011 and that an independent examination is needed. It is my resFonsibilty to= examine the accounts under sectM)n 145 of the 2011 kt follow the pr￿edureS laid dMI in the general Direclu)ns given by the Charity Commtssion under *ion 145(51{bl of the 2011 Act,. and state whether pa￿Cular matters have come to my attenlion. Basis of Inde$￿￿ent examineffs statem My examination was carried out in accordan￿ wtth general DIrec￿nS gNen by the Charity Commission. An examination includes a revMY of the accounts.ng records kept by the Charity and a comparison of the accounts presented with those records. It also ir￿lUdeS considerath)n of any unusual rtems or dithures in the accounts, and seeking explanations from you as trustees conceming any such matters. The prccedures undertsken do not provide all the evidence that woukl be required in an audiL and consequenty opinion is gNen as to whether the accounts present a'true and fair vithrf and the retth is limibj to those matters set out in the statement bebw. Indopgndont examlnfjrfs statem In connect￿)n with my examination. no matter has come to my attention.. 11) which gives me reasonable cause to telieve th* in any material resFect the requirements {1} to keep accounts.ng records in accordan￿ wilh sectK)n 130 of the 2011 Art and li1} to prepare financial statsments whtth ac¢offl wtth the a￿￿nting [￿ordS and compty wlth the accounting requirements of the 2011 Art have not been met or (2) to which, in my OF¥nion. attention shoukl be dra*n in to enable a proper understanding of the accounts lo be reached. Math Jackson FCA DChA 19 Sebrights Way Bretton Peterborough PE3 9BT Charter&J Accountsnt 14-1•-2v22 ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** ||**Unrestricted **|**Unrestricted **|**Restricted**|**Total **|**Unrestricted **|**Restricted**|**Total**| |---|---|---|---|---|---|---|---| |**Note**||**Funds**|**Funds**|**2021**|**Funds**|**Funds**|**2020**| |||**£**|**£**|**£**|**£**|**£**|**£**| |**Incoming resources from generated funds**|||||||| |Voluntary Income|**2**|8,543|30,988|39,531|21,222|19,108|40,330| |Incoming resources from charitable activities|**3**|1,479|-|1,479|1,528|-|1,528| |Fundraising income|**4**|156|-|156|892|-|892| |**Total incoming resources**||10,178|30,988|41,166|23,642|19,108|42,750| |**Resources expended**|||||||| |Charitable expenditure|**6**|19,703|22,102|41,805|16,375|18,923|35,298| |**Total resources expended**||19,703|22,102|41,805|16,375|18,923|35,298| |**Net incoming/(outgoing) resources for the**|**year**|(9,525)|8,886|(639)|7,267|185|7,452| |Balances brought forward||13,285|1,328|14,613|6,018|1,143|7,161| |**Balances carried forward**||3,760|10,214|13,974|13,285|1,328|14,613| There are no recognised gains and losses other than those passing through the statement of financial activities. All incoming resources and resources expended derive from continuing activities. - 5 - OPEN DOOR COMMUNrrY ACTION TRUST BALANCE SHEET AS AT 31 DECEMBER2021 2020 Tangib￿ assets Current Assets Cash at bank and in hand 13.974 14.613 13.974 14,613 Creditoys falllng due wlthln one Net Currenl Assets 13.974 14.613 Totsl assets loss eurrwrt liabilities 13.974 14,613 Repre￿nIed by: Income Funds: Unrestricted Funds 3.760 13,285 Resthcted Funds 10,214 1.328 13.974 14.613 The finar￿ statsmènts were apwoved ty Ihe Trustees ￿ 6IK42L Mrs Margw* Parkes **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **1 Accounting policies** **a** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The 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) and the Charities Act 2011. The Charity constitutes a public benefit entity as defined by FRS 102. ## **b Preparation of the accounts on a going concern basis** The accounts are prepared on the going concern basis. This is dependent upon the continued support of the member churches and individual donors. The trustees consider this is appropriate, on the basis that projects can be adjusted dependent on the funding available. ## **c Income recognition policies** - Items of income are recognised and included in the accounts when all of the following criteria are met: - the charity has entitlement to the funds; - there is sufficient certainty that receipt of the income is considered probable; - the amount can be measured reliably. Investment income is accounted for in the period in which the charity is entitled to receipt. The charity benefits from many voluntary hours and unclaimed out-of-pocket expenses contributed by a number of supporters. A number of small assets have also been donated, for which no value has been attributed to in these accounts. ## **d Expenditure** Expenditure is included on an accruals basis. All costs have been allocated directly to a charitable activity and therefore there are no support costs to allocate between activities. ## **e Funds** _Unrestricted general funds_ - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. _Restricted funds_ - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **2 Voluntary Income** |Grant: People's Health Trust
Grant: Cinnamon grant
Grant: Groudnwork UK
Grant: National Lottery Community Fund
Grant: PCVS
Grant: Boxes of Hope
Grant: Laing Trust
Gifts from individuals
Gifts: Acts 435
Gift aid tax refund|**Unrestricted**
**Funds**
**£**
-
-
-
-
-
-
-
8,044
-
499
8,543|**Restricted**
**Funds**
**£**
-
135
-
9,666
3,117
-
3,000
-
15,070
-
30,988|**Total**
**Total**
**2021**
**2020**
**£**
**£**
-
2,368
135
-
-
500
9,666
9,303
3,117
2,200
-
400
3,000
-
8,044
10,006
15,070
14,140
499
1,413
39,531
40,330| |---|---|---|---| - 7 - ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **3 Income from charitable activities** |Badminton
Job club
**Fundraising income**
Shop takings
Shed takings
Recycling|**Unrestricted**
**Funds**
**£**
1,479
-
1,479
**Unrestricted**
**Funds**
**£**
56
-
100
156|**Restricted**
**Funds**
**£**
-
-
-
**Restricted**
**Funds**
**£**
-
-
-
-|**Total**
**2021**
**£**
1,479
-
1,479
**Total**
**2021**
**£**
56
-
100
156|**Total**
**2020**
**£**
762
766| |---|---|---|---|---| |||||1,528| |||||**Total**
**2020**
**£**
622
41
229| |||||892| ## **4 Fundraising income** ## **5 Trustees' remuneration** No remuneration was paid to trustees during the year. The trustees were reimbursed expenses amounting to £827 (2020 - £563). ## **6 Charitable expenditure** |Salaries
Rent
Cinnamon grant
Shop supplies
Christians Against Poverty running costs
Acts 435
Hampers
Community fridge
Insurance
Travelling expenses
Website
Payroll
Badminton
Sundry expenses|**Unrestricted**
**Funds**
**£**
7,744
3,000
252
-
6,401
-
-
86
635
-
10
300
900
299
19,703|**Restricted**
**Funds**
**£**
5,348
-
135
-
-
15,850
-
-
-
769
-
-
-
-
22,102|**Total**
**Total**
**2021**
**2020**
**£**
**£**
13,092
10,152
3,000
3,025
387
23
-
64
6,401
4,410
15,850
13,385
-
980
86
-
635
619
769
1,509
10
62
300
288
900
746
299
35
41,805
35,298| |---|---|---|---| - 8 - ## **OPEN DOOR COMMUNITY ACTION TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **7 Staff costs** |**Staff costs**||| |---|---|---| ||**2021**|**2020**| ||**£**|**£**| |Salaries|13,092|10,152| No employee received remuneration which would amount to more than £60,000 in any 1 year period. 1 1 The average weekly number of employees ## **8 Restricted funds** |**Opening**
**Incoming**
**Balance**
**Resources**
**£**
**£**
National Lottery Community Fu
-
9,666
Acts 435
1,328
15,070
People's Health Trust
-
-
Cinnamon grant
-
135
PCVS
3,117
Boxes of Hope
-
Church Urban Fund
-
-
The Laing Trust
-
3,000
1,328
30,988
**Analysis of net assets between funds**
Fund balances at the end of the year are represented by:
Current assets|**Resources**
**Expended**
**£**
-
(15,850)
-
(135)
(3,117)
-
-
(3,000)
(22,102)
**Unrestricted**
**Funds**
**£**
3,760|**Transfers**
**£**
-
-
-
-
-
-
**-**
**-**
-
**Restricted**
**Funds**
**£**
10,214|**Closing**
**Balance**
**£**
9,666
548
-
-
-
-
-
-| |---|---|---|---| ||||10,214| ||||**Total**
**£**
13,974| ## **9 Analysis of net assets between funds** ## **10 Control** No one individual has overall control of the charity. - 9 -