## **The Saviour Trust**
**Charity No. 1122886**
**Company No. 06136023**
**Trustees' Report and Audited Accounts**
**31 August 2020**
**The Saviour Trust Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 5|
|Auditor's Report|6 to 8|
|Statement of Financial Activities|9|
|Summary Income and Expenditure Account|10|
|Balance Sheet|11|
|Statement of Cash flows|12|
|Notes to the Accounts|13 to 20|
|Detailed Statement of Financial Activities|21 to 22|
Page 1
**The Saviour Trust Trustees Annual Report**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the audited financial statements of the charity for the year ended 31 August 2020.
## **Objectives and Activities**
Objectives and aims
The charity exists to:
1. Further the welfare of children, young people and adults mainly in the area of West Yorkshire, especially but not limited to those who are homeless or in danger of homelessness and those who are ex offenders.
2. Provide or facilitate the provision of housing, mentoring, counselling, advisory and welfare services, family care and personal development opportunities for persons within the beneficiary group.
3. Provide assistance to and services to the homeless and particularly ex offenders, with a view to helping their rehabilitation.
## Significant activities
In planning our activities for the year we kept in mind the Charity Commission's guidance on public benefit at our trustees meetings.
The charity's main activity is to provide housing and support to ex-offenders.
All service users are visited in their homes on a weekly basis and expected to attend a support session at the centre or a support hub; any issues regarding the service users or property are discussed at these meetings. During 2020, we have had to adapt our working practices to keep within government guidelines and, as best practice, to ensure the safety of our staff and clients during the Covid 19 pandemic. This has included daily telephone support calls to service users, drive by house checks when we have been unable to enter the property, telephone initial assessments etc.
All properties are inspected weekly and brought into line with the current fire and health and safety regulations.
Page 2
**The Saviour Trust Trustees Annual Report**
## **Future Plans**
The Trustees are committed to continue to build up the operating reserves of the trust so as to protect the sustainability of the trust in being able to continue to provide its services. This includes using some of its reserves, as the trustees and management see appropriate, in purchasing a limited number of properties for use by the Trust, The Trust has a designated fund into which all core rent received from housing benefit for the houses owned by the Trust are appropriated. This will become our main source of funding support should be not be successful in securing a third period of funding from The Big Lottery. Due to the pandemic, The Big Lottery have not been taking Reaching Communities funding applications and it maybe that the Trust is unable to secure further funding for support until late 2021. This will leave a gap in the lottery funding from January 2021 at which time the sustainability funds will be allocated.
By the end of the year, the properties acquired by The Saviour Trust totalled 9.
The Trust will continue to look for further funding opportunities for expanding the number of individuals and families to whom the trust can provide its services.
## The Big Lottery
Again, the Trust has exceeded the Big Lottery Outcomes for this year (ending Dec 2019) and will have exceeded final year Lottery outcomes for the year ending December 2020.
## **Structure, Governance and Management**
## Governance Structure
The Saviour Trust board of trustees meets on a monthly basis (excluding December and August), to review department reports and trust-wide performance.
## Governing document
The charity is a charitable company limited by guarantee and is governed by a Memorandum and Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
## Overview
Over the last year The Saviour Trust (the Trust') has continued to grow to meet the increasing needs of often desperate people seeking a roof over their head, and pastoral care which our Trust offers.
During the year, our housing stock has increased by 42 properties, so that The Saviour Trust was officially managing 199 properties (398 units). At the end of August 2020, the Trust were accommodating 398 adults and 18 children. In the case of all children housed, the Trust require staff to provide positive good care verification weekly, with any suspected or unusual behaviours being escalated to the local council family support unit.
Vic Iwanuschak continues to serve as the Patron of the charity, following his retirement as General Manager.
## Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error
## Homeless Project Staff Meetings
Staff meetings continue to be held on a weekly basis with the General Manager. Trustees are invited to attend these Meetings if they wish to do so.
Page 3
**The Saviour Trust Trustees Annual Report**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 06136023**
## **Charity No. 1122886**
## **Registered Office**
St Oswald House St Oswald Street Castleford WF10 1DH
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
N.C. Brown M.A. Iwanuschak S. Kelly N. McDonald J.I. Warnett M.J. Williamson
## **Auditor**
Hansons St Oswald House St Oswald Street Castleford WF10 1DH
## **Statement of trustees' responsibilities in relation to**
## **the financial statements**
The Trustees are responsible for preparing the Trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, for the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed,
- subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
Page 4
**The Saviour Trust Trustees Annual Report**
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Statement of disclosure of information to auditor**
So far as the trustees are aware, there is no relevant audit information of which the company's auditors are unaware and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant information and to establish that the company's auditors are aware of that information.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
J.I. Warnett Chair of Trustees 31 March 2021
Page 5
**The Saviour Trust Audit Report Unqualified**
## **Independent Auditor's Report to the Members of The Saviour Trust**
## **Opinion**
We have audited the accounts of The Saviour Trust (the 'charitable company') for the year ended 31 August 2020 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the Notes to the Accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the accounts:
- give a true and fair view of the state of the charitable company's affairs as at 31 August 2020 and of its profit/loss for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the accounts section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities, in the circumstances set out below, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
- the trustees' use of the going concern basis of accounting in the preparation of the accounts is not appropriate; or
- the trustees have not disclosed in the accounts any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the accounts are authorised for issue.
## **Other information**
The other information comprises the information included in the trustees' report and accounts, other than the accounts and our auditor’s report thereon. The trustees are responsible for the other information.
Our opinion on the accounts does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Page 6
**The Saviour Trust**
## **Audit Report Unqualified**
In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements,we are required to determine whether there is a material misstatement in the accounts or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information,we are required to report that fact.
We have nothing to report in this regard.
## **Opinion on other matters prescribed by the Companies Act 2006**
In our opinion, based upon the work undertaken in the course of the audit:
- the information given in the trustees' report for the financial year for which the accounts are prepared is consistent with the accounts; and
- the trustees' report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the accounts are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the trustees were not entitled to prepare the accounts in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.
## **Responsibilities of trustees**
As explained more fully in the trustees' responsibilities statement found in the trustees' report, the trustees (who are also the directors of the charitable company for the purpose of company law) are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.
In preparing the accounts, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the accounts**
We have been appointed under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Page 7
**The Saviour Trust Audit Report Unqualified**
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts.
A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
## **Use of this report**
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
Hansons, Statutory Auditor St Oswald House St Oswald Street
Castleford WF10 1DH 31 March 2021
Hansons is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a charity under section 1212 of the Companies Act 2006.
Page 8
**The Saviour Trust Statement of Financial Activities**
## **for the year ended 31 August 2020**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
**Total**
**Expenditure on:**
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net income**
9
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2020**
**£**
-
3,009,799
507|**Restricted**
**funds**
**2020**
**£**
104,106
-
-|**Total funds**
**2020**
**£**
104,106
3,009,799
507|**Total funds**
**2019**
**£**
102,001
2,167,789
512|
|---|---|---|---|---|
||3,010,306
2,096,838
570,047|104,106
33,796
70,310|3,114,412
2,130,634
640,357|2,270,302
1,566,993
511,826|
||2,666,885
-|104,106
-|2,770,991
-|2,078,819
-|
||343,421
87,696|-
(87,696)|343,421
-|191,483
-|
||431,117|(87,696)|343,421|191,483|
||431,117
794,385|(87,696)
87,696|343,421
882,081|191,483
690,598|
||1,225,502|-|1,225,502|882,081|
Page 9
**The Saviour Trust Summary Income and Expenditure Account**
## **for the year ended 31 August 2020**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2020**
**£**
3,113,905
507
3,114,412
2,742,695
28,296
2,770,991
343,421
343,421|**2019**
**£**
2,269,790
512|
|---|---|---|
|||2,270,302|
|||2,058,996
19,823|
|||2,078,819|
|||191,483|
|||191,483|
Page 10
**The Saviour Trust Balance Sheet**
## **at 31 August 2020**
|**Company No.**
**06136023**
**Notes**
**2020**
**£**
**Fixed assets**
Tangible assets
11
665,412
665,412
**Current assets**
Debtors
12
127,018
Cash at bank and in hand
488,997
616,015
**Creditors:**Amount falling due within one year
13
(55,925)
**Net current assets**
560,090
**Total assets less current liabilities**
1,225,502
**Net assets excluding pension asset or liability**
1,225,502
**Total net assets**
1,225,502
**The funds of the charity**
**Restricted funds**
14
Restricted income funds
-
-
**Unrestricted funds**
14
General funds
928,486
Designated funds
297,016
1,225,502
**Reserves**
14
**Total funds**
1,225,502|**2019**
**£**
486,212|
|---|---|
||486,212
65,930
379,345|
||445,275
(49,406)|
||395,869
882,081|
||882,081|
||882,081|
||87,696|
||87,696
549,329
245,056|
||794,385|
||882,081|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the board on 31 March 2020
And signed on its behalf by:
J.I. Warnett Trustee 31 March 2021
Page 11
**The Saviour Trust Statement of Cash flows for the year ended 31 August 2020**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Profit on disposal of tangible fixed assets
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Proceeds from sales of property, plant and equipment
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2020**
**£**
343,421
46,614
(5,600)
(507)
(61,088)
6,519
329,359
15,795
(236,009)
507
(219,707)
-
109,652
379,345
488,997
488,997
488,997|**2019**
**£**
191,483
29,292
-
(512)
22,884
6,037|
|---|---|---|
|||249,184
-
(111,146)
512|
|||(110,634)|
||||
|||-|
||||
|||138,550|
|||240,795|
|||379,345|
||||
|||379,345|
||||
|||379,345|
Page 12
**The Saviour Trust Notes to the Accounts**
**for the year ended 31 August 2020**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 13
**The Saviour Trust Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and**
## **depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 2% Straight Line Motor 25% Reducing Balance Equipment 25% Reducing Balance
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 14
**The Saviour Trust Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income from:**
Donations and
Grants
Charitable activities
Investments
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before**
**other gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**2019**
**£**
405
2,167,789
512
2,168,706
1,520,899
446,532
1,967,431|**Restricted**
**funds**
**2019**
**£**
101,596
-
-|**Total**
**funds**
**2019**
**£**
102,001
2,167,789
512|
|||101,596
46,094
65,294|2,270,302
1,566,993
511,826|
|||111,388|2,078,819|
||201,275
201,275
201,275
593,110
794,385|(9,792)|191,483|
|||(9,792)|191,483|
|||(9,792)
97,488|191,483
690,598|
|||87,696|882,081|
Page 15
**The Saviour Trust Notes to the Accounts**
## **Income from**
|4
**donations and**
**legacies**
Donations
Grants
5
**Income from**
**charitable activities**
Rental Income
6
**Income from**
**investments**
Deposit Account
Interest
7
**Expenditure on**
**charitable activities**
_Expenditure on_
_charitable activities_
Employee costs
Property Costs
Depreciation
_Governance costs_
Audit/Independent
examination fees
Legal and
professional costs|**Restricted**
**Total**
**2020**
**£**
**£**
-
-
104,106
104,106
104,106
104,106
**Unrestricted**
**Total**
**2020**
**£**
**£**
3,009,799
3,009,799
3,009,799
3,009,799
**Unrestricted**
**Total**
**2020**
**£**
**£**
507
507
507
507
**Unrestricted**
**Restricted**
**Total**
**2020**
**£**
**£**
**£**
34,291
26,954
61,245
2,039,376
4,762
2,044,138
12,718
-
12,718
3,575
2,080
5,655
6,878
-
6,878
2,096,838
33,796
2,130,634|**Restricted**
**Total**
**2020**
**£**
**£**
-
-
104,106
104,106
104,106
104,106
**Unrestricted**
**Total**
**2020**
**£**
**£**
3,009,799
3,009,799
3,009,799
3,009,799
**Unrestricted**
**Total**
**2020**
**£**
**£**
507
507
507
507
**Unrestricted**
**Restricted**
**Total**
**2020**
**£**
**£**
**£**
34,291
26,954
61,245
2,039,376
4,762
2,044,138
12,718
-
12,718
3,575
2,080
5,655
6,878
-
6,878
2,096,838
33,796
2,130,634|**Total**
**2020**
**£**
-
104,106|**Total**
**2019**
**£**
405
101,596|
|---|---|---|---|---|
||||104,106|102,001|
||||**Total**
**2020**
**£**
3,009,799|**Total**
**2019**
**£**
2,167,789|
||||3,009,799|2,167,789|
||||**Total**
**2020**
**£**
507|**Total**
**2019**
**£**
512|
||||507|512|
|||||**Total**
**2019**
**£**
62,296
1,479,522
9,792
7,536
7,847|
|||33,796
2,130,634||1,566,993|
Page 16
**The Saviour Trust Notes to the Accounts**
## 8 **Other expenditure**
|Employee costs
Motor and travel
costs
Premises costs
Amortisation,
depreciation,
impairment,
profit/loss on
disposal of fixed
assets
General
administrative costs
9
**Net income before**
**transfers**
This is stated after
charging:
Depreciation of
owned fixed assets
Auditors'
remuneration
10 **Staff costs**
Salaries and wages
Social security costs
Pension costs|**Unrestricted**
**£**
452,186
39,489
27,564
28,296
22,512
570,047|**Restricted**
**£**
61,985
-
6,244
-
2,081
70,310
**2020**
**£**
46,614
5,655
511,188
42,221
22,007
575,416|**Total**
**2020**
**£**
514,171
39,489
33,808
28,296
24,593|**Total**
**2019**
**£**
416,415
28,399
18,612
19,823
28,577|
|---|---|---|---|---|
||||640,357|511,826|
|||||**2019**
**£**
29,615
7,536
424,330
35,555
18,826|
|||||478,711|
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
|Support Staff|**2020**
**Number**
24
24|**2019**
**Number**
20|
|---|---|---|
|||20|
Page 17
**The Saviour Trust Notes to the Accounts**
## **Tangible fixed**
## 11 **assets**
|**Cost or revaluation**
At 1 September
2019
Additions
Disposals
At 31 August 2020
**Depreciation and**
**impairment**
At 1 September
2019
Depreciation charge
for the year
Disposals
At 31 August 2020
**Net book values**
At 31 August 2020
At 31 August 2019
12 **Debtors**
Trade debtors
Prepayments and
accrued income
13 **Creditors:**
amounts falling due
within one year
Accruals and
deferred income|**Land and**
**buildings**
**£**
489,627
148,297
-
637,924
61,919
12,718
-
74,637
563,287
427,708|**Motor**
**£**
68,062
73,456
(30,272)
111,246
31,142
25,043
(20,077)
36,108
75,138
36,920
**2020**
**£**
124,913
2,105
127,018
**2020**
**£**
55,925
55,925|**Equipment**
**£**
48,904
14,256
-|**Total**
**£**
606,593
236,009
(30,272)|
|---|---|---|---|---|
||||63,160|812,330|
||||27,320
8,853
-|120,381
46,614
(20,077)|
||||36,173|146,918|
||||26,987|665,412|
||||21,584|486,212|
|||||**2019**
**£**
63,825
2,105|
|||||65,930|
|||||**2019**
**£**
49,406|
|||||49,406|
Page 18
**The Saviour Trust Notes to the Accounts**
## 14 **Movement in funds**
|**Restricted funds:**
**Restricted income**
**funds:**
Lottery Fund
Property Fund
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
Housing Support
Sustainability fund
_Total_
**Revaluation**
**Reserves:**
**Total funds**|**At 1**
**September**
**2019**
**Incoming**
**resources**
**Resources**
**expended**
**£**
**£**|**Gross**
**transfers**
**£**|**At 31**
**August**
**2020**
**£**
-
-|
|---|---|---|---|
||-
104,106
(104,106)|-||
||87,696
-
-|(87,696)||
||87,696
104,106
(104,106)
549,329
2,958,346
(2,666,885)
245,056
51,960
-
245,056
51,960
-
882,081
3,114,412
(2,770,991)|||
|||(87,696)|-|
||||928,486
297,016|
|||87,696||
|||||
|||-||
|||-|297,016|
|||||
|||-|1,225,502|
Purposes and restrictions in relation to the funds:
Restricted funds: Lottery Fund Money received from the fund is for increasing staffing levels and providing more social activities
Property Fund This project was funded by the All Saints Church Pontefract and was received to purchase property to enable the charity to fulfil its charitable objectives
Designated funds: Housing Support Delineated Funds to which all core rent received from housing benefit for the Sustainability fund houses owned by the Trust will be appropriated.
## **Analysis of net assets between** 15 **funds**
|Fixed assets
Net current assets|**Unrestricte**
**d funds**
**£**
665,412
560,090|**Total**
**£**
665,412
560,090|
|---|---|---|
||1,225,502|1,225,502|
Page 19
**The Saviour Trust Notes to the Accounts**
## **Reconciliation of net**
## 16 **debt**
|**Reconciliation of net**
**debt**|||||
|---|---|---|---|---|
|Cash and cash
equivalents
Net cash|**At 1**
**September**
**2019**
**£**|**Cash flows**
**£**|**New**
**HP/Finance**
**leases**|**At 31**
**August**
**2020**
**£**|
||||**£**||
||379,345|109,652||488,997|
||379,345
379,345|109,652
109,652|-|488,997|
||||||
||||-|488,997|
||||||
|**Commitments**
**_Operating lease_**
**_commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2020**
**2020**
**Land and**
**buildings**
**Other**
**£**
**£**
Operating leases with
expiry date:
**_Pension_**
**_commitments_**
**2020**
**£**
The pension cost
charge to the
company amounted
to:
22,007|||**2019**
**Land and**
**buildings**
**£**|**2019**
**Other**
**£**
**2019**
**£**
18,826|
## 17 **Commitments**
## **Related party**
## 18 **disclosures**
## _**Controlling party**_
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 20