2022-12-31-accounts

Charity Registration No. 1122050

OPEN DOOR COMMUNITY ACTION TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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.
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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: [phone] 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

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OPEN DOOR COMMUNITY ACTION TRUST

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

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 2022:

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. In 2022 we had 57 new clients of which 7 households, went debt free. We helped to clear £48,369.38 worth of debt.

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OPEN DOOR COMMUNITY ACTION TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Activities Icantinuèd) CAP Job Club$: Run by our Debt Coach aNJ team, Job Clubs provide an 8-week course to train delegates lo be ready for work, improve confidence and provide them with intervw skilLs. In 2022 we ran 2 ox>urses. and we had 11 people attend. 5 of Ihose people gained employTnenl_ Posits"ve feedback from delegates said the wijrse has increased their confidence and helped them to dis￿Ver their skills and value to émployefs Kintsuigi Hope: We hokl courses that deal with wellbeing. mental health and management of finances. Community Fridge: We run a ctsmmunty fn"dge. whth is open on Friday mornings. provNJing food, and a listeniru ear, to Ihose in f(KKI rK)verty. Acts 43S Refèrrals: We partner with Acts 435 to whom we apply for grants of money up to £150 to distribute to those with a specific need in OUT ¢ommunity. Hope into Action: We continue to offer pastoral silPPOrt to resKlents housed in hyo bcal Hope into Ackn"on homes. Financial Reviéw The Trusys principal furKting sources in 2022 were from grants and individual donations from the church ¢ommunity and fundraising efforts. At the end of 2021 the charity secured funding for 5 years from the Loltery Tho Tiust is aimiThJ to buikj reserves lo enable the work lo be sustainabb. Futurè Plans The Trust intends lo Continue the a¢tivilEs noted atr)ve, Trmth addiiv)nal financial resources being sought to be able to enhance the work. ststement of Trustees. Responsibilitle$ Charity law requires the Trustees lo prepare statements of accounts for eath finanual year. In preparing those finan￿81 ststements, the Trustees a￿ required to.. select suitat>le accounting poI￿leS and appty th8m consistentty., make judgements and estimates that are reasonablè and prudent., state whether appliGable aGGounb"ng standards and statements of recornmended practice have been followed. subject to any departures disclosed and explained in Ihe financial slatemenls,. and prepare the fin8nckg15tstements on a going concem basis unle55 rt is inappropriate to presume that the trusl will ts)ntinue to operate. On behaK of the Trustees Mrs Margaret Pafkes. Truslee Date..

OPEN DOOR COMMUNITY ACTION TRUST INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE OPEN DOOR COMMUNITY ACTION TRUST I report on the accounts of the charity for the year ended 31 Decernber 2022, which are set (￿rt on pages 5 to 9. Re6pecttve r98ponsibilitses of ljustees and examlner The char￿S trustees are ￿sp￿￿bIe for the preparath)n of the xcounts. The Charit￿s trustees consider that an aijdrt is not required for this year under section 144121 of the Charities Act 2011 and that an independent examination is needed. It is my responsibilty to= examine the accounts under se¢lKM1145 of the 2011 Art follow the prccedu￿s laid in the general DirerAions given by the Charity Commission under ￿tIOn 145(51{bl of the 2011 Art and stats whether parbcular matters have come to my atten1k￿. Basis of independent examlnots slatwnent My examination was carrted out in accordance ￿￿th general Direcons given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts preser¢led wth thijse records. It also indudes consJeralbJn of any unusual Ftem5 or disclosures in the accounts, and seeking explanations from you a5 trustees ujnceffliro any such matters. The prcKedures undertaken do not provide all the evidence that would be required in an audiL and consequenljy no Opin￿ is gNen as to whelher the accounts present a.true and fair VI￿ and the rewt is limited to ttmise matters set out in the stment bek)w. Independent examlnefs stat•nwrt In connection my eXaminat￿n. no matter has come to my attention: {11 which gNes me reasonable cause to ￿lieVe that in any material resFCt the wuirements (il to keep accounting records in accordan wtth se¢lion 130 of the 2011 Art and {iil to P￿pare financial statements which accord }￿th the acxounting records and (￿mplY with the accounting requirements ofthe 2011 A¢ have not been met.. or 121 to which, in my ￿￿nth, attenlion shoukl ￿ draTr ￿ ordw to enable a proper unders1￿1ng of the accounts to be reached. MaTk Jackson FCA DChA 19 SebrwJhts Way Bretton PetertrM)rough PE3 9BT Charte￿d Accountsnt Date". 11 I Zo£3

OPEN DOOR COMMUNITY ACTION TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

	**Unrestricted **	**Unrestricted **	Restricted	**Total **	**Unrestricted **	Restricted	Total
Note		Funds	Funds	2022	Funds	Funds	2021
		£	£	£	£	£	£
Incoming resources from generated funds
Voluntary Income	2	9,321	31,230	40,551	8,543	30,988	39,531
Incoming resources from charitable activities	3	2,351	-	2,351	1,479	-	1,479
Fundraising income	4	-	-	-	156	-	156
Total incoming resources		11,672	31,230	42,902	10,178	30,988	41,166
Resources expended
Charitable expenditure	6	10,931	31,214	42,145	19,703	22,102	41,805
Total resources expended		10,931	31,214	42,145	19,703	22,102	41,805
Net incoming/(outgoing) resources for the	year	741	16	757	(9,525)	8,886	(639)
Balances brought forward		3,760	10,214	13,974	13,285	1,328	14,613
Balances carried forward		4,501	10,230	14,731	3,760	10,214	13,974

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.

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OPEN DOOR COMMUNITY ACTION TRUST BALANCE SHEET AS AT 31 DECEMBER 2022 2021 Fix•d Assets T8ngible assets Cu￿ent Assets Cash al bank and in hand 14.731 13.974 14.731 13,974 Creditors falling due within one year Net Current Assets 14.731 13.974 Total assets lass eurr•nt liabilities 14,731 13,974 R•présént•d by: Income Funds- Unrestricted Funds 4.501 3,760 Reslrited Funds 10,230 10,214 14.731 13.974 The financial statements wefe approved by the Trustees on io.z.Z3 Mrs Margaret Parkes

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

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: Cinnamon grant Grant: National Lottery Community Fund Grant: PCVS Grant: Laing Trust Gifts from individuals Gifts: Acts 435 Gift aid tax refund Legacy	Unrestricted Funds £ - - - - 7,727 - 594 1,000 9,321	Restricted Funds £ 25 19,482 - - - 11,723 - - 31,230	Total Total 2022 2021 £ £ 25 135 19,482 9,666 - 3,117 - 3,000 7,727 8,044 11,723 15,070 594 499 1,000 - 40,551 39,531

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OPEN DOOR COMMUNITY ACTION TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

3 Income from charitable activities

	Unrestricted	Restricted	Total	Total
	Funds	Funds	2022	2021
	£	£	£	£
Badminton	2,351	-	2,351	1,479
	2,351	-	2,351	1,479

4 Fundraising income

Shop takings Recycling	Unrestricted Funds £ - - -	Restricted Funds £ - - -	Total Total 2022 2021 £ £ - 56 - 100 - 156

5 Trustees' remuneration

No remuneration was paid to trustees during the year. The trustees were reimbursed expenses amounting to £946 (2021 - £827).

6 Charitable expenditure

Salaries Rent Hope Into Action house Christians Against Poverty running costs Acts 435 Community fridge Insurance Travelling expenses Website Payroll Badminton Sundry expenses	Unrestricted Funds £ - - 989 4,384 - 138 635 1,675 10 318 2,190 299 10,931	Restricted Funds £ 14,836 3,000 25 1,496 11,857 - - - - - - - 31,214	Total Total 2022 2021 £ £ 14,836 13,092 3,000 3,000 1,014 387 5,880 6,401 11,857 15,850 138 86 635 635 1,675 769 10 10 318 300 2,190 900 299 299 42,145 41,805

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OPEN DOOR COMMUNITY ACTION TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

7 Staff costs

Staff costs
	2022	2021
	£	£
Salaries	14,836	13,092
No employee received remuneration which would amount to more than £60,000 in any 1 year		period.
The average weekly number of employees	2	1

8 Restricted funds Opening Balance £ National Lottery Community Fu 9,666 Acts 435 548 Cinnamon grant - 10,214	Incoming Resources £ 19,482 11,723 25 31,230	Resources Expended £ (19,332) (11,857) (25) (31,214)	Closing Transfers Balance £ £ - 9,816 - 414 - - - 10,230

9 Analysis of net assets between funds

Analysis of net assets between funds
	Unrestricted	Restricted
	Funds	Funds	Total
	£	£	£
Fund balances at the end of the year are represented by:
Current assets	4,501	10,230	14,731

10 Control

No one individual has overall control of the charity.

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