2021-11-30-accounts - The Homeless Foundation

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			Page
Report ofthe Trustees		I	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		7	to	8
Notes to the Financial Statements		9	to	16

			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	8
INCOME AND ENDOWMENTS FROM
Donations and legacies		3	980	832
Charitable activities
Provision ofhousing	for the homeless		40,599	40,156
lnvesunent income			18,060	~19767
Total			59,639	60,755
EXPENDITURE ON
Raising funds			7,259	6,649
Charitable activities
Provision ofhousing for the homeless Financial assistance for the homeless Homeless prevention services			3,712 4,326	3,863 8,169 3,496
			~1440	~1440
Total			16,737	23,617
Net gains on investments			66,720
NET INCOME			109,622	37,138
RECONCILIATION	OFFUNDS
Total funds broaght	forward		1,576,989	1,539,851
TOTAL FUNDS CARRIED FORWARD			~1686611	~1576989

	Balance Sheet
	3~ON 88SI~021
		2021	2020
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	13	2,054	2,739
Investments
Investment pmperty	14	580,000	520,000
Social invesnnents	15	~831539	~815163
		1,413,593	1,337,902
CURRENT ASSETS
Debtors	16	819	1,618
Cash at bank		~278 109	~240614
		278,928	242/32
CREDITORS
Amounts fidling due within one year	17	(5,910)	(3,145)
NET CURRENT ASSETS		~27301$	~239087
TOTAI ASSETSLESSCURRENT
LIABILITIES		1,686,611	1,576,989
NET ASSETS		~1686611	~1576989
FUNDS	18
Unrestricted funds		~1686611	~1576989
TOTAL FUNDS		~1686611	~1576989

	f ear 30N	f ear 30N	f ear 30N	f ear 30N	202
3.	DONATIONS AND LEGACIES
						2021	2020
						8	6
	Donations	including gill	aid			980	832
4.	INVESTMENT INCOME
						2021	2020
	Income &om properties					18,035	19,512
	Deposit account interest					25	255
						~18 060	19,767
5.	INCOME	FROM CHARITABLE ACTIVITIES
						2021	2020
				Activity
	Income fiom properties			Provision ofhousing forthe homeless		~40 599	~40 156
6.	RAISING	FUNDS
	Investment	management	costs
						2021	2020
						8
	Rent, rates	and service charge				1,619	1,539
	Letting and	management	fees			1,858	1,170
	Property repairs					~3782	~3940
						~7259	~6649
7.	CHARITABLE ACTIVITIES			COSTS
						Support
					Direct	costs (see
					Costs	note 9)	Totals
						8
	Provision ofhousing for the homeless Homeless prevention services				3,027 ~3564	685 762	3,712 4,326
					~6591	~1447	~8038
th	GRANTS PAYABLE
						2021	2020
						g	8
	Financial assistance for the homeless						~8169

SUPPORT	COSTS
							Governance
					Management	Finance I	costs 8	Totals
Other resourcm expended Provision ofhousing forthe homeless					685		1,440	1,440 685
Homeless prevention		services			669	93		762
					~1354	93	~1440	~2887
Support costs, included			in the above, are as		follows:
							2021	2020
					Provision
					of
				Other	housing	Homeless
				resources	for the	prevention	Total	Total
				expended	homeless	scfvlces		actlvltlcs
Wages						669	669
Depreciation	oftangible
and heritage	assets				685		685	913
Bank charges						93	93	60
Accountancy	and legal		fees				1440	~1440
				~1440	685	762	~2887	~2413
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is suucd	after charging/(crediting):
							2021	2020
								6
Depreciation	- owned assets						685	913

12.	COMPARATIVES	FOR THE STATEMENT OFFINANCIAL A	CTIVITIES
			Umestricted
			fund
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		832
	Charitable activities
	Provision ofhousing	for the homeless	40,156
	Investment income		~19767
	Total		60,755
	EXPENDITURE ON
	Raising funds		6,649
	Charitable activities
	Pmvision ofhousing for the homeless Financial assistance for the homeless		3,863 8,169
	Homeless prevention	services	3,496
			1440
	Total		23,617
	NET INCOME		37,138
	RECONCILIATION	OFFUNDS
	Total funds brought	forward	1,539,851
	TOTAL FUNDS CARRIED FORWARD		~1576989
13.	TANGIBLE FIXED	ASSETS
			Fixtures,
			fitfings
			k equipment
			8
	COST
	At 1 December 2020 and 30November 2021		5 09
	DEPRECIATION
	At 1 December 2020 Charge for year		2,470 685
	At30November 2021		~3155
	NET BOOKVALUE
	At30November 2021		~2054
	At30November 2020		~2739

		Property
		for
		charitable
		I
MARKET VALUE
At 1 December Additions Revaluations	2020	815,163 9,656 6,720
At30November	2021	831339
NET BOOKVALUE
At 30November	2021	831339
At 30November	2020	815163

						Pmpcny
						for
						charitable
						Usc
						8
	Valuation	in	2012			82,209
	Valuation Valuation Valuation Valuation Valuation Cost	in in in in in	2013 2017 2018 2019 2021			(15,815) 27,199 (2,800) (9,268) 6,720 ~743294
						~831 539
16.	DEBTORS:		AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
	Other debtors				312	849
	Prepayments		and accrued income		507	769
					819	~1618
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
	Other creditors				2,199	745
	Accruals and		defened income		~3711	~2400
					~5910	~3145
18.	MOVEMENT IN FUNDS
					Net
				At	movement	At
				1.12.20	in funds	30.11.21
						6
	Unrestricted		funds
	General fund			1,576,989	109,622	1,686,611
	TOTAL FUNDS			~1576989	109,622	1,686611

					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
					6	8
Unrestricted		funds
General fund					59,639	(16,737)	66,720	109,622
TOTAL FUNDS					~59 639	~16 73	~66 720	1~09 622
Comparatives		for movement		in funds
							Net
						At	movement	At
						1.12.19	in funds	30.11.20
							8
Unrestricted		funds
General fund						1,539,851	37,138	1,576,989
TOTAL FUNDS						~1539851	~37 138	~1576989
Comparative	net movement		in	funds, included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						8
Unrestricted		funds
General fund						60,755	(23,617)	37,138
TOTAL FUNDS						~60 755	~23 61	~37 138
A current year		12months and prior year 12months combined position is as follows:
							Net
						At	movement	At
						1.12.19	in funds	30.11.21
Unrestricted	funds
General fund						1,539,851	146,760	1,686,611
TOTAL FUNDS						~1539851	~146 760	~1686611

		Incoming	Resources	Gains and	Movement
		msources f	expended	losses	in funds 6
Unrestricted	funds
General fund		120,394	(40,354)	66,720	146,760
TOTAL FUNDS		120394	~40 354	~66 720	1~46760