Company r¢gistrdtion number: 06438245 Charity rcgi3tsation nwllb¢r'. 1125571 Plus You Limited (A company limited by shar¢ capital) Amiual Report and Finaneial 8tatements for thc y¢ ]ded 31 March 2021
Plus You Limited Contents Refcr¢ncc and Athttinistrative Details 1n]stees' Report 510 12 Statement of Tntstees, Rwonsibilities 13 Report of the Auditors 14to15 Statement of Financial A¢tLVlties 16to17 Balan¢¢ Shecr 18 Statement of Cash Flows 19 Notes to the Financial Statements 20to33
Plus You Limited Reference and Administrative Details Trustees Paul Whitsnore, Resident Director Christine Holland. Resident Dirrftor Timothy Inkson, Partner DirectOT Ni¢ola Green, Resident Director Gary King, Partner Director Hadleigh Gaudreau, Partner Director Stephen Donovan, Resident Director Secretary Guy Robinson Senlor Management Team Debbie Killg MBE, Chitf Executive Principal Office The Highpoint Venue Bursledon Road Southampron Hampshire S019 8BR Company Registratipu 'llber 06438245 Charlty Registration Number 1125571 Solicitors AJJthony Collins Solicitors LLP 134 Edrnund Street Birn)in8ham B3 2E.S B*nkcrs HSBC 55 Above Bar Street Southarnpton S014 2DS
Auditor Xyllamo S Ltd 2 Uppertm) Gardens Ellstb0ll¢ BN212AH Accountanty X¢bra A¥LOUllting 5a ThL Gardens Farcham Hainpshire 13016 888
Plus You Limitcd Trustees, Report The Ttuslees present their Annual Rq)ort for Plus You Limitcd (PYL) for the year ended 31" Mawh 2021 All individua18 appointed to Ilie PYL Board fulfil the role of Trustee, Director and Member, for the purpose of this report they will be known ab Trus1¢¢5, and Plus you Limited will be known as PYL. The trustees confirni that they have complied with the rcquiranents of se¢lioll 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by itL¢ Charily Commission for England and Walcs. l. Our aims and objectives Purpose Our Charity was s¢t up to succeed and eontinue the work of our prcdecessor. This remains our primary purpose and is defined in tbc objects contained in the Company's Artieles of Association as.. 'Ihe promotion for the public benefit, of urban or rural regencration, in areas of social and economic deprivation (in particular the Area of Benefit - Thornhill). . To devclop the capacity and skills of the members of the coininunity in such a way ihdt ihey are better able to identify, hclp meet their needs and io participale morc fuLly in society. Aims Our overall aim is to focus on th¢ growEh and prosperity of our r¢sidents, by providirtg opry>rtunilies to: learn new skills. develop confidcncc and self-awar¢ness, raise aspirations. and foster ind¢p¢ndence IlhclpiDg people to help themselves" In addition to this, PYL would like to ensure that the improvements made to the built environmrnl ovcr thc lif¢ of our predeccssor are maintained, and built upon. All Surplus fvnds within the eharkty will be used to deliver projectslillitiatives that will support the achicv¢ment of the Charity's aims and objectives. Currentyear objecti& The Charity's objectives for 2012121 Temaincd the same as th¢ previous year. With Covid 19 aLid inunin¢nt lockdown approaching it seemed a pointless exercise setting new objectives that would never bc atlainable in the onsct of what thcll looked lik¢ a polential global pandemic. It was vcry apparcnt at that time, if the Charity was going to survive th¢ potcntial challengcs ah¢ad, drastic action would nced lo bc taken.
Ike Objectives for the year are as follows.. Continue to maintain the stability ol PYL and prc)tect the current delivery/developrnent of pmjects where possible. Develop the income and manage the costs associated with the ownershiploperation of Flighpoint, aiming to achieve an end of year- operating surplus, enabling rent to be paid to th¢ Charity. . Continue to drive forward the Higbpoint Busin¢ss plan.. a) Develop the Barlcafc, looking to build a regular client¢le. b) F.nsure the sustainability of the Main Kitchcn via inereased food sales on level 2. ) Incrcasc the hiring of lev¢1 2. d) Employ more staff to drLvclsuprt thc growth of Highpoint. Carry out a thll business reviewlplanning session. . Carry oul a full rrview of thc Charity's project delivery. As the year unfolded it became more and more apparent that no proesSIon agairkst the above ObjcctlV¢5 was achi¢vable, albcit with the exception, of k¢¢pinb PYL and its subsidiary safe. As the year unfolded the main Aim was lo ensure (whcn Covid bcgan to abate) that PYJ. and its Subsidiary was tn a position, whcrcby it had ihe opportunity and the Staff so it ¢ould reopen its doors and build. The main problem PYL laced this past year 15 that as a Charity our survival unlike oth¢r Charities, does not depend on grants and donations. Instead. we generate our inconie frojn the rental and bire of our propertics. Due to the lockdowns, all our income streams ctrdscd ov¢rnight. Our priorities had to change very fast if wc were lo protect our Staff jobs and ensure we had the team in situ to help us rebuild once the storm was lifting. All Staff (with the exception of the CLO) were placcd on the Governments Furlough Scheme as of 3010112020. The task of our CEO was to keep our buildings open and compliant to ensure vital services such as Solent NHS TLUSI, A Comtnunity Pre-school and Local Housing Officc were all abl¢ to operate during the year. In addition to this, fllydncial operations. and many othcr elements of the Business still required day to day managen]ent. Our other priority was lo preserve the jobs of our Staff. We had an experienced team that we would not be able io reopcn and rebuild our CharilylBusiness without. Ln addition to this we employ I8] people and really did not wantto bavc go downthc roule of redulldancy. We hopedvery much that the Furlough S¢heme would alleviate significant pressure so this would not happen. tharlkfi1Y it did.
Activities All activities for the year ceased, with all Staff on Furlough it wasn't possible to deliver anything. When it looked like things wer¢ getting better, plans were initiatcd to bring Staff back to work. First a small team to help with keeping the buildings open, fi]nctional, and safe. We thcn moved to focus towards all Staff coming back in late October to wly November. Then eame the second wave 2nd lockdown which put paid to those plans. Thereafter activities rcmained doMlt for the rest of the year. with the exception. of keeping our buildings open for vital services. Public Benefit The Charity's primary purpose is to achieve public b¢nefii, both for Thonthi'll residcnts and the wider community. The Trustees hav¢ had regard to the Charity Conullission's guidancc on public benefit. Wc bclicve that it is of Public Benefit that PYL should do everything in its power to ensure ils tUre survival. 2. Achievements and performance Overdll PYL lik¢ tnany other Organisatiot had a year that no on¢ Could have ever inMgin¢d any of us would ever see in our lifetime. Despite that wc can draw sorne positive8 from the year and achicvemenls that w¢ are proud of. We kept three properties open and operational to ensure vita] services were able to continue lo fLCtiOn. o Highpoint Vet]ue- Sustained thc activity of Solent NHS Trust Headquarters. The Hightown Centre- AliKals Pre-school was able lo provide much need support to key worker families and vulnerable young pcoplc. The Hinkler Centre- Southampton City Council Housing Office were able to continue their scrvice. We protected all of our Staff jobs, and in the second quarter of the following year (202112022) tlie entire team had retLLrned 10 work, we didn't k¢ any rUndanCies.
We used the experience in a positive way to lake a step back and look at our Charity, its Business and how we do things. Based on this wc'vc n)ade somc po811ivc changes that will hopefully help us to rebuild and get things back on track. We had a new development go up next to us on our site (Aldi), this has improved the look of the site as a whole and has brought a positive layer of activity. We made some changes to our ext&ior grounds, this just makc things look more appealing and attra¢tivo for our Customers And Con)nity, as well as makingT our mainlenan¢¢ work less arduous. So, all in all. and despile th¢ fa¢t, thai we didn't deliver what we would normally the year wasn't a write olf. Excluding the positive things. we could draw from the year, the Charity was still grieving and demoralised. We had spenl the previous 6 ycars building up a Business trade and a good reputation that would sustaill the Charity and its Charitable activitics n]oving fonward. This had taken lots of hard work against all thc odds. All wc could do now was to hope and pray that it would return. 3. Financial Review The results for thc ycar cnded 31" March 2021 and the financial position of the ChltY are as shown in the annexed financial statements. Th¢ irony is that the fl[leal bottom line for the year looks better than it cv¢r has. Thi8 18 very mueh due to. the faci Ihal all Charitable activity ceased, al all Staty were put on Furlou which rther alleviated fncIal pressurc on thc Charity. In addition to this although all three of our major properties were kept open for vital services. wheTe possible fuel consumption was monitored ¢los¢ly and any operations that could be, were shut down. In doing this the ultimate aim was lo ensure the survival and future ofihe Charity. To do ihis we needed to have sufficient funds to put aside to pay Staff on their return from Furlough until such times as the Charity Business was to improve. 4. Structure, Governance & Management Gnverning Document PYL is a Trust in¢orporated as a Charitable Company limited by guarantee, without share capital. As such it was established under the Articles of Association (as amended 3rd October 2016). The Articles of Association clearly outlines the objects and powers of the Charitable Company whilst it is govemed under ils Articles of Associalion. The Trustees of PYL are the Directors of the charitable company for the pUOse of company law. In the event of the company being wound up the Directors are required to contribute the sum of £1.
Board of Truslees PYL has a Board of12 Trusl¢cs wh¢n at full capacity, corllpos¢d of 7 lknornhill Resident Directors, and 5 Partner Directors. The names of the Trnstees during the fllmncial period are as sel out in the legal and adminisir81ive section of this report on pag¢ 3. Th¢ Board of Trustees meet 8 times a ycar on average every 6 weeks throughout th¢ financial ycar. The Board is quorate when one third ofihe Trustees are present, withthe majorÉty ofili¢third being ResidcTht TnLStces. I'he Board spend one meeting per quarter revtewing expenditure against budget forecast and addrLEsillg any financial adjustmcnts that may be required moving forward. The remaining meeting of the quarter is utilised as a focus group, where the Board monitor alld pkni projcct dcliv¢ry and busincss development. The BoaTd is assisted in the day to day running of the Charity by the Personnel and Finance Sub Committee. The Chair and Vice Chair ol" the Board allend this Sub Committee, with the Chair of the Board bcing thc Chair of the Sub Committee. Recn4ilmen( of Trustees PYL'S Rcsidcnl Tntstees are elected to the Board via an opcll and Éransparcnt proces8 in ac¢ordan¢¢ with the Articles of Association. All residents living in the community of Thornhill are invited, and given the opportunity lo pul themselves fon¥ard as prospeetive Trustees of PYL. Each Trustee will hold orrice for a tenn as near to six y¢ars as possible. An election is held every 2- 3 years with one third ofthe Rtsident Trustees ceasing lo hold otrice (either standing down 01 submttting thentselves for re-election). All prospective candidates (including Trustces up lor re-eleclion) are encouraged to canvas for supportlvotes. The election process is advertised to the whole communityy application fonns are r¢adily available, election statements are prepared, and the whole election process is independently adjudicated (providing th¢ number of candidatcs looking to stand exceed tbc numb¢r of scats available)- The Articles of AssocÈation fiher enable Resident Directors to be appointed to lh¢ Board between elections on a casual basis as r¢quir¢d. Tl)is is subJt to the maximLun number of Rcsidcnt Mcinb¢rs. as laid out in the Articles of Association. These casual appointmcnts will hold offic¢ until the next roLmd of fonnal elections, at which point they n]u8t put thenelVeS up for fonnal election. On their successful appointrnent they will hold officc for a t¢Jrn as near to six years as possible. In accordance with the Articles of Association, Panner Directors are invited and appointed by the Board of Trustees. Partner Directors hold office for a temi of two years from date of appointment but may be r¢-appoinlcd. Thc Charity has a job description that outlin¢s the rolcs and rcsponsibilitics of bcing a Direxlor, which is given to all prospeelive new DiTect¢)rs. All newly appointed Tnlstees are offcrcd atl induction, tailored lo meel individual requirements. and off¢rcd the support of a buddy, namely an experienced Trustee. All members of the Board give their time voluntarily and receive no benefits or remwieration from the charity. Any expenses reclaimed from the charityj musi be claimed in accordance with our Board Member and Volunteer F.xpenses policy.
Elections In accordall¢e with the Articles of Association, Resident Trustee elections should lake place cvery 2 - 3 ycars, with one ihird of the R¢sidcnt Trustees being r¢quired to crase to hold office (these Trustees are able to re-stand for election). Elections wcre last hcld in January 2019, with the next elections anticipated in early 2022. Risk Management The k¢y riskmanagement issues identified by the Charity arethos¢ of building reserv and diversifying the income. Mlhilst the challenge of HighPoint continues to occupy much of the Charity's time, oncc the HighPoillt busincss is stabilise& there- is every likelihood that furthcr diversificatioll and growlh of income generated will bc achieved. If successful, this will enable PYI. to build rcserves, thus mitigating much of the risk. It n]ugt be notcd that as tirnc moves on although HighPoint Could be classed as a risk whilst it is being developed, in the previous year it has proven to be much less of a fmancial risk than sorne of our old¢r buildings that arc now becoming a rcal financial burden to the Charity and a high rislL Additionally. the Truslees have considered the impact of the Covid pandemic on the business. Whilst most of the business has been closcd for the entire year, government grallls have enabled the business lo resume trading, where possible and have left the Charity wiihboih a sUlUS and Lash positivc position at y¢ar end. Based on this the Trustees consider that there is sufficient reserves and resources available to enable the business to contit]ue trading at a rUCed level for the foreseeable ture. Auditors This year the charity's auditor4 XS Accountants, have exprcsscd thcir willingness to ¢ontinue in that eapacity. Dlselosure of information lo auditor Each trustcc has taken steps that they oUt io havc taken as a trustee in order to nk¢ themselves aware of any relevant audit infonnation and to establish that the charily's auditor is aware of that irrforn]ation. The tte¢S confLmi that there is no relevant infonnation that they know of and of which they know the auditor is unaware. In so far as the tTus*es a aware: . there is no relcvanl audit infonnation of which ihe charitable company's auditor is unawarc. and the trnstces have taken all steps that they ought to have taken to make thenelVeS awarc of any relevant audit infomlation and to establish that the auditor is aware of that inforniation. io
Financial Risk Objectlves andpolicies The charity's a¢tivities expose it to a nunkner of financial risks including Credit risk eagh flow risk and liquidity risE C&&hJ7ow risk The charity's activities do not expose it to any significant areas of cash flow risk. There is no exposure lo foreign currcncies or in*r¢st ratcs. Credil risk Thc charity's principal financial assets are bank balances and cash, trade and other re¢eivablcs, and property investments. Th¢ charity's credit risk is primarily attributable to its trade receivables. The amounlg presenied in the balance shee¢ are net of allowances for doubtful r¢¢eivablcs. An allowan¢¢ for impairment is mad¢ where therc is an identified loss evcnt whi¢h, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid fimds and derivative financial instrnments is limited because the coUnteartieS are banks with high credit-ratings assigned by international credit-rating ageneies. The charity has no significant concentration of credit risk, other than its exposure to its main tenant, beillg a public body. Liquidity risk In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments. the cllarity has ad¢quate cash r¢5¢rves and borrowing faciliti¢s. li
Sincere Thanks The Trust is gratcful for the commilment, supp()rt, and patience provided by its Board, Stsff, and Voluntecrs, through what has been the inosl challenging of years. Without each and cveryone of lhn and their dedi¢ation, the future of th¢ Charity would not be possible or stablc, nor would it be able to move lorward in thc positive manner ihat it currently is. This report has been prcpared in accordance with applicable law and United Kingdom AOUntIng Standards (Unitcd Kingdom Generally Aceepted Accounting Praclice), in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Th¢ anrnual rcport was approved by Éhe trustees of the charity on 21$t Decembu 2021 and signcd its behalf by: Stcphen Donovan Chair of Truslees 12
Plus You Limited Statemcnt of Trustees, Responsibilities The trnstees (who are allo the dire¢tors of Plus You Limited for the puJp)ses of company law) are re8ponsible for preparing the trustees, reptsrt and the finan¢ial statcrncnL in occordanc¢ Thith the United Kingdom Accounting Standards (United Kingdom Generally Ac¢epted Accounting Practic¢} and applicable law and regulauons. Company law requires the trustees to preparc financial staicmenLs for each financial year. UELder ¢on)paAy law the trustees must not approve the financial staielnents unle&s ihey are satisfied that they give a tru¢ and fair eW of the 8tate of affairs of the Charitable company and of its ineominL7 resourLes and applicaiion of resources, including its income and cXpenditte, for that period. In preparing thebe financial staiements, the trnstees are required to: select suitable accounting policies and apply them consistently; obs¢rve the methods and prsnciples in thc Charities SORP,. make judgemenis and estimates that ar¢ rcasonable and prudent- state whether applicable UK Accounting Standards have been followed, subject to any material departLWeS disc105¢d and eAplained in th¢ faLIa1 statcments. and prepare the finuncial statements On the going concern basis unless it 18 inappropriatc to prcsuTne that the charitable company will ¢oniinu¢ in business. The tte¢S ar¢ responsible for keeping adequate accoullting rwords that are sufficient to show and explaln the charitable compangs transactiolls and disclose with r¢asott#ble accuracy at any limc thc flnancial position of the charitable company and cnablc th¢m to ¢nsure that the fUnCIal stat¥m¢nts Comply with the Companics A¢t 2006. They are also responsible for safeguarding the assets of the ¢hantable company and h¢n¢e for taking r¢&8onab steps for tILe prev&ition and detection of fraud and other irregularities. Approved by the trustees of the charity on 21SE December 2021 and signed on its behalf by.. Stephen I'rustee onovan 13
INDEPEf4DENT AUDITORS RF.PORT TO THE MEMBERS OF PLUS YOU LIIVIITED FOR THE YEAR ENDED 31 MARCH 2021 OpinÉon W¢ have audited the financial statements L)f Plus You Limited (th¢ '¢haritable company'l for the year ended 31 March 2021 which comprise rhe Siatement of Finan¢ial Aciivities, thc BalanLe Sheet, the Cash Flow Statement and notes to the fin8ncial statetnents, including 2 summary of signifieani accounting policies. The financial reporting framework thai ha5 been applied theEr PTeparation is applicable la, and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepied Accounting Practice). In our opinion the financial staiements., give a true and fair view of the state of the charitable company's affairs as at 31 March 2021 and of its incoming resources and application of resources, includin¥ i15 income and expenditur¢, foi the ycar then end¢d: have been properly prepared in accordance with Uniied Kingdo Generall! Accepted Accounting Practi¢e' and have b¢en prepared in accordance with the requirements of the Cumpanies Acr 2006. BASIS for opinion We conducted our audii in aecordance with International Standards on Auditing (UK) {ISAs IUK)) and applicable law. Our responsibilities under those standards are furth¢r described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of rhe charitable company in accordance with the eihical requirement5 that are relevant to our audit of the financial st3t¢ments in the UK, in¢ludin8 the FRC'S Ethi¢al Standard, and we have fulfilled OUT Other ethical responsibilities in accordance with these requircments. We beleve that ihe audit evidence we have obtained is suffjeient and appropriaie to provide a basis for our opinion. Conclusions relating to going eoneern We have nothing to report in Tespeet of the following Tnatters in relation to which the ISAS IUKI r¢quire us io r¢pon to you wher¢ the trustees, use of th¢ going concern basis of accounting in th¢ prEpaTaiion of the financial sthtementS j5 not appropriaie: or the trustees have not disclosed in the financial statements any identified material uncertainties that may cast Significant doubt about Ihe chariiable coinpany's abi5iry to continue to adopt thc going ¢on¢ern basis of accouniing for a peTiod ol. ai least twelve inonths Irom the date when the financial statements are auihorised ftsr issue. Other information The tNsiees arc responsible for the other infom)ation. The tsther information comprises the infomiaiion included in the annual report. other ihan the financial siaiements and our Repon of the Indepvndent Auditors thereon. Our opinion on the financial st8temenis does not Cover the other Enformation and, except 10 ihe extent otherwise explicitl). stated in our repon, we do not express any fom of assurance conclusion thereon. In connection with our audit of tlle financial staiements, our responsibility is io read Ihe oiher information and, in doing so, consider whether ihe uiher inforination 15 Inaieriallv inconsistent with Ihe financial siaiemenis or our knowledge obtained in the audit or otherwise appears io be rnateriall! missiaied. It. we identify such material incon51Stencies or apparent material misstaiemenls, we are requId to deiermine wheiher there is a maierial misstatcin¢DI in the financial statements or a material misstaiement of the other infollnaiion. If. based on the work we have perfoTmtd, we Conclude that there is a mat¢rial misslemen1 of this other infom)ation, we are requiyed io report that fact. We have nothillg to report in this Tegard. Opinion on other tn8tters prescribed bv the Comp8nies Aet 2006 In our opinion, based on ihe work undertaken in the coiir5e of the audit.. Ihe infortnation given in the Report of the Trustees for the fmancial year for which the financial statements al'e prepaTtd is consisieni with the financial ststements., and the Report of the Trusiees has beep prepared in accordance with applicable legal requirements. Matler5 on whieh w¢ are required to report by exception In ihe light of ihe knowledge and understanding of the charitable company and its environineni obtained ID the course of lh¢ audit, we have not identified material missiatements in the Report of tlie Tru5tee5. 14
We have noihing to r¢port in respect of the following matters wh¢r¢ th¢ CoTnpan2es Act 2006 requires us to r¢port ro you if, in our opillion.. adequaie a¢countin8 records have noi been kept or rern5 adequaie for our audit have not been reeeived from branches not visited by us; or the finanrial statem¢nis ar¢ noi in agreemenT Wlth the accounting records and reiurns. or ¢ert&in disclosures of trustees. remuneration specified by law are not made: or we hav¢ not received all the information and explanations we require for our audit. Respoiisibilities of trustee5 As explained more full> in the STat¢m¢nt of Trustees Responsibilities, the trustee5 (who ale also the directors of the eharitable company for the Purposes of Company law) are responsible for the preparaiion of the finan¢ial siatements and for belg satisfied thai ihey givc a tC and fair view, and for such iniemal control as the iruste¢s deterniine is necessary to enable the preparaiion of fmancial staieTneniS thai are free from maierial missiatement, whether due to fraud or error. In preparing the financial 5tatern¢nis, lh¢ trusiees are responsible for ass¢ssing the charitable company's ability to continue as a going concern. disclosing. as applicable, matters related to going concern and using th¢ going concern basis of accounting unless the trustees either intend to liquidate the ¢haritabl¢ company or to cease operaiions, or have no r¢alisiic aliemaiive bui 10 do so, Our re5ponJibilÉties for the audit of Ihe financi#l $txtementS Our objectives are io obtain reasonable a55uran¢e aboui whether the fInancial statements as a whole are free froTh material misstatemcnt, M.hether due io fraud or error, and io issue a Repon of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, bui is not a STuar&ntee Ihai an audit conducted in accordance with ISAS (UK) will always detect a matcrial rnisstatem¢ni when it exists. MsstateMentS can arise from fraud or error and are considered material if, individually or in the augregaie. they could reasonably be expected to influence the economic decisions of users tak¢n on the b&5is of these financial stat¢m¢nt5. Irregularities, including fraLid, are instances of non-compliance with laws and regulaiions. We design procedures in lin¢ with our r¢sponsibiliiies, ouilin¢d above. io deteci material rni55tateTnents in respect of irregularities. including frnud. The extent io which our pro¢edure5 are Lapable of deiecting irTegularities, includin¥ fraud is detailed below". Enquiry of manag¢inenl, and those charged with govemance re acwal and ponila] litigTraiion and claitns. Enquirv of staff in compliance funriions to identity any non-QOTnpliance with laws and regulations. Reviewing minutes of mectings of those eharged wilh governance. Reviewing disclosure5 and iesling to documents to assess compliance with applicable law% and regulaiions. Auditing Ihe risk of maRag¢meni override of controls. and evaluating the business rationale ot Significant transaitions outside the iiomal course of business. A fi]rther dcscTlPtion of OUT responsibslities for th¢ audit of the financial statements is located on the Financial R¢porting Council'5 website at W%4 IW.t'i-c.i)rii.iikrfjlS(Jiiui'sres Clllsibililies. This description fomis part ot. our Report ofthe Avditors. Use of our report This report is madc sol¢ly to the charitable company's members, as a body, in accordance with chapter 3 of Part 16 of the Companies Act 2006. Our audit wo]4( has been undertaken so thai we mi(Fhi state to rhe charitable company's members those matteTS we are required to State to thcm in an audiiors, report and for no other PUEpose. To the fullest exient pennitted by law, we do not accept or assume responsibility to anyone other than the Charitable company and the chariiable company's members as a body, for our audit work. for this report. or for th¢ opinions we have fomed. Andrew Hill FCA (Senior Statutory Audiior} for and on behalf of Xynamo 5 Ltd Regisiered Audiior Dale.. 21 December 2021 2 Upperton Gardens Ea5tbourne East Sussex BN212AH
Plus You Limited Statement of Financial Activities for the Yeglr Ended 31 March 2021 Oncluding Income and Expendithre Aceount and Statement of Total Recognised Gains and Losses) Unrestrieted funds Total 2021 Restrieted funds Note Incom¢ ad Endowmellts from: Donations and Icgacies Charitable aGtiTriti¢$ Other trading a¢tivitie$ Investment income Other income 111,464 58,184 315.240 103,128 70 111,464 61,609 315,240 103,128 70 3,425 Total income 588 086 591511 Expenditure on: Charitable activities Other expenditure (188,290) 234.064 1188290) 234 064) Total ¢xpenditLwe 422,354 422 354 Net income 165 732 3,425 169 157 Net movement in funds 165,732 3,425 E69.157 Re£oncÉliation of funds Totsl funds broughi fonvard 4 840,675 4 862 639 Total funds ca1¢d fonvard 22 5.006,407 5,031,796 16
Plus You Limited Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Unre$¢ricted fullds Restricted funds Total 2020 D4ote Income and End0JveDts from: Donations and legacies Charitable activities Other trading activities Investment incom¢ Other income 1.938 45,236 429.834 117,233 33 1.938 46.923 429.834 117.233 33 1,687 Total income 594 274 1,687 595,961 Expenditure oll: Charitable activities Other expenditur¢ (243,995) 341846). {1,420) 1245,415} 341,846 Total expenditurc 585 841 587 261 Net income 267 Net movernellt in funds 8,433 267 8,700 Reconciliation of funds Total funds brought fonvard 4 832.876 4 853 939 Total Eld5 ca5¢d fonvard 22 4,840,675 4 862,639 The notes on pages 20 to 33 fon an integral part of these fu¢131 ststements. All of the clkarity's activities derive from continuing operations durin8 the above two p¢riods. 1The fvnds breakdowll for 2021 is shown An note 22. 17
Plus You Limited (Reglstration number: 06438245) Balance Sheet as at 31 March 2021 2021 2020 Note Fiied asset5 Tan8ible a55ets Investments 15 16 4,778,565 4,813,190 100 4 778 665 4813290 Current Debtors Cash at bank and in Iwid 17 18 133,485 334 170 467,655 217,586 301,410 Creditors.. AOntS falling due withitl one year 19 177,309 182 846 Net current askts 290 346 118564 Total assets les5 current liabilities 5.069,011 4,931,854 Creditors: AmounÉs f#llin% due after more than one year 20 Net assets 5 031796 4.862 639 bunds of the Charity: Restricted ineome funds Restrict¢d 22 25,389 21,694 Unre$trÉ¢ted income funds Unresiricted funds 5 006,407 4 840,675 Total funds 22 5 031796 4 862 639 The Trnstees have prepared accounts in accordance with provision applicable to companies subject to the small mpanies rcgirnc. The f]nancial gtatements. on pages 16 to 33 were approved by the tsstees. and authorised for issue on 215t December 2021 and bigmed on their behalf by: Christinc Holland Trustee 18
Plus You Limited Statement of Cash Flows for the Year Ended 31 March 2021 21121 2020 Note Cash flo)vs frotTh opcratillg actiTritic5 Nei cash income 169,157 8,700 Adjustments to Cash flows from non-cash items D¢pr¢ciati(>n Investmeni income 34.625 103 128 34.625 117233 100.654 (73.908) Working capital adjustments Decrease in debtors 17 84,101 (7.033) 11,112 {6,646) 14,057 Decrease in creditors Decrease in defed income 19 20 Net cash flows from opera¢ing a¢tivities 177.718 (83.499) Cash floM7 froTh investing activitie tnvestment Inco]ne 103,128 117,233 Cash flows from fanCing 4¢tivities Repayment of loans and borrowings 19 Net increase in cash and cash eqValent* 250,346 11,734 Cash alld cash equivalents at l April Cash cash equivalents ai 31 March 334 170 All of the cash flows are derived from continuing operations during the above two periods. 19
Plus You Llmited Notes to the Financial Statements for the Year Ended 31 March 2021 I Cbarity Status The charity is limited by share capital. incorporated in. lTh¢ addr&s8 of its regised offlce is.. The Highpoint Venue Bursledon lioad Southampton H8mtK%hire S019 8BR 2 Aecounting policies Summ#ry of significallt aeeollntlng policies and key Accounting estimates The principal accout)ting policies applied in the preparation of these funCIal stAtcm¢nts' are set out below. These poIiciE5 have been consisi¢ntly applied to all the years presented, unlcss othenvi&e stated. Stalement of compllanee The flnancial statements have been prepared in a¢¢ordan¢e with Accounting and Reporting by Charities.. Statcment of Recommended Practice applicable to ¢hariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in tho UK and Republic of Ireland (fRS 102) (etTective l January 2015) (Charities SORP IFRS 102}). the Financial Reporting Standard applicable ill th¢ UK and Republic of btland (FRS 1021. They also comply with th¢ Companies Act 2006 and Charities Act 2011. Basis of preparatlon Plus You Limited meets the definition of a public benefit entity under FRS 102 and does not produce group AeeounLs &$ the entity is exempt under the srnall cornpanie8 regim¢ through the Companies Act 2006. These a¢counts relate to Plus You Limited only. As$¢ts and liabilities are iniii8lly r¢Gognised at historical cost or trallsaction value unless otheThvis¢ stat¢d in the relevant acctsunting policy notes. The presentational tucY 1$ £ Slig. Going concern The trustees consider that thcrc are no material uncertainties about the charity's ability to continue as a going Concem nor any $ignafic8nt areaq of uncertainty that affcct thc carrying value of assets held by the charity. 20
Plus You Lfimited Notes to the FinancRal Statements for tbe Year Ended 31 March 2021 Ineome aDd endoMThent$ Income iq received net of VAT. Items of illcome are recogni8ed and included in the ac¢ounts when all the following criteria are met.. . The charity has entitlement to the fimds • Any conditions aitached to the items of income have been met or are fvlly within the control of the chartty • There is suffi¢ient certainty that receipt of income is consid¢red probablc . The amount call be measured reliably Grallts and donatiotjs are in¢luded as income in the period in which they are re¢eivcd except wher¢ th¢ donor in)poses ¢ollditions which have to be lfilled before the charity becomes entitled to such income.. suth income 1$ defe¢d until the condilions have been m¢t. IncoTne received in advance for rettt or room hare is deferred unti] the criteria for the OgnitIon of income 18 met. Donations 4nd legacies Donations are re¢ogTrised whcn the charity has notified tn writing of both the amount and settlement date. In the event that a donation is subject to Conditions that require a level of perfomian¢e by the charity beforc the charity is entitled to the fid8, the fftnc4)me is d¢ferred and not recognised until either those condirions are fully ci or thc fulfJlm¢nt of those conditions is wholly wÈthtn th¢ ¢ontrol of the chariry and li is probable that these conditions will be fulfillcd in the reporting period. Grants TecÉivable Grdnts are recO)Ised when tbe charity has an eniitlement to the fund8 and any conditions linked to the grants have been met. Where perforniance condition8 are attached to thc grant and ar¢ y¢t to be tnet, the inc¢)me is r¢¢ogniscd as a liability and included on thc balance sheet &s d¢ferr¢d income to be released. Deferred income Deferred incon)e represents amounts received forfuture periods and 1$ released to in¢omingresour¢e8 in thcperiod for which, it has been receiv¢d. Such income is ollly deferred when.. - The donor $p¢¢ifie$ that thc grant or donation Jnu$t ouly be used in futLwe accounung periods; or - The ¢knor has impos conditions whtch must be m¢tb¢fore the charity has unconditional entitlement. Incorne in advance for rent or room hEre is defetTed unttl the rriteria for the recognitson of income has been Jnet. Expendltllre All expenditure is recognised once there is a legal or constrnctive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expendIre h¢ading that aggregate sitnilar Costs to that category. Where costs caiinot be direetly attributed to PiLrticulllrli¢adiJl83 dicy liavr bTI alluknutrd oil a lJ&sj.s CQllSjSLCSIL willi ili¢ Use utresvilliti, Wiui ¥¢iiirdl ¥iarrLo¥ts allo¢at¢d on the basis of iijne spent, and depreciation charg&s allocated on the portioll of thc asset'8 use. Other support costs are allocated based on th¢ spread of staff costs. Chtspitahle acliwilies Charitable expenditure eornprisef those costs incurred by th¢ Charity in the delivery of its activitses and $ervi¢& for its bcncficiaries. It inelud& both costs that call be allo¢ated directly to such a¢litieS and thos¢ costs of an indirect IiatLwe necessary to support thetn. 21
Plus You Limlted Notes to the Financial Statements for the Ye8r Ended 31 March 2021 Support costs Support Costs include central fi]nctions at)d have been allo¢at¢d to actisryty cost categories on a basis ¢onsJstent with the use of resources, for example. allocating property costs by floor aTea$, or per capita. sthff eosts by the tim¢ sp¢nt and other costs by th¥Jr u¥ag¢. Governanee eost$ These include the cosL% attributable to tbe charity's compltan¢e with constitional and statutory reqllirem¢nts, io¢ludingy audit, strategic mallagemenr aml tyustees'y meetings alld reijnburscd expenses. Government grants Government grallts are recognised based on the accrual model and are measured at the fair value of the a%set r¢¢¢ived or receivable. GThlts are classified as relaling either io revenue or to assets. Grants relaiing to revenue are recogniged in Jn¢oTne over the period in which the relaled costs are recogui5ed. Grants relating to assets are recognised over the expectcd uselul life of the abset. WILere pan of a grant relating to all ass¢t 1$ defeLT¢d, it 18 recognised as defetred incornc. Tgxation The chariry is ¢onsidered to pass the tests set out in Paragraph I Schedule O of th¢ Finance Act 2010 and therefore it meets. the dcfinition of a chantable compatty for UK corporation tax purposes. Accordingly, the charily is potentially exempt frorn taxation in respect of income or capital gains re¢eived within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or SectiLin 256 of the Taxation tsf Char8eable Gains Act 1992, to the extent that such inctsme or gains are applied ex¢lusively to Ctwitable PUTposes. Tangible fixed a55ets IndildUal fixed agset% eo8ting £100.00 or more are initially recorded at cost. Depreciation and amortlsatloD Deprecia(ion is provided on tangible fixed assets SL¥ as to WTite off theeost or valuation, less any estimated residu21 value, over their expected u8eful economic life as follows-. Asset elass Freehold Land and Propety Leasehold Property Olfice Equipment Depreciation method and rate None Perii)d of lease 100/. 25O/D str&ight line Investmellt properlies Illvestlllent prop¢rty is included at fair value. Gains atr recogllised in tbe income sthtem¢nt. Buslness combRllatRons Investrnents and subsidiaries are rocorded at historical ¢o$t. 22
Plus You Limlted Notes to the Financial Statements for the Year Ended 31 March 2021 Fixed asset inYe$tments Fixed aet invegtmenLg. other than programme related investrnet)ts, are included al market value at the balance sheet date. Realised gains 8nd los.%es on investments are caleulatcd as the difference between sales proceeds and their market value at tbe start of the y, or their subsequent eost. aJd are charged or ¢r¢dit¢d to the Statcment of Fillancial Activiti&% tn the period of disposal. Unrealised gains and losses represent the movement in markel values during the year and are credited or charged to the Statement of Fillaucial ActLVities based on Éhe market value at the year end. Trade dcbtors Trade debtors are amounts due from customeig forrner¢handise sold or serviceg perfornied in the ordinary cou of business. Trade debtors are recognised initially at the tran5aGtion price. -Ihey are subsequently measured at atllortised cost using the effective interest method, less provision for impairnient. A provision forthe impaimient of trade debtors i% estAbli%hed when there is objective evidence that the charity will not be able to collect all amounts due accordin to the original terni$ of the receivable& Cash and eash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and othershort-termhighly liquid investments that are readily Convertible to a known amount of cash and are subject lo an insigrtificant iisk of change in value. Trade credltors Trade creditors are obligations to pay for goods or servi¢¢$ that have been acquittd in the ordinary course of business from gupplietb. Accounts payable are classified as Current liabilitieq if the charity does not havc an unconditional right, at the end of the reporting period, to d£fer scttlernent of th¢ ¢reditor forat least twclvc rnonths after the reporting date. If there is an unconditional tight to def¢r setilement for ac least twelve rnonths afier the reporting date, they are presented as non-current liabilities. Trade creditors 9re recognised initially at the transactiottpriee and subsequ¢ntly mea8ured at amortised cost using the effective interest method. Borrowings Interest-bearing borrowings are initially rccorded at fair vallle, net of transaction cost8. Interest-b¢aring b¢)rn)wings are subsequently carried at amortised ¢o$t, with the differencebetween thepro¢¢e&%, net of transaction costs, and the amount du¢ on redemption being r¢roguised as a charge to the Statement of Financial Activiti&% over tbe period of the relevant borrowillg. Interest expense is recognised on the basis of the effective in1¢rt method and is included in interegt payablc atjd similar charges. Borrowings are cla&%ifJed as ¢urren¢ lJabilitle5 unless the ch&rity has an unconditional righi 10 defer settlement of the liability for at least twelve months after the reporting date. 23
Plus You Limited Notes to the Flnaneial Statements for the Year Ended 31 March 2021 Foreign exchange Tranqactionq in foreign cutTencies are reeorded at the rate of exchange at the date of the tr&nsaetiorL. Monetary ass¢ts' and liabilities denominated in for¢ign ¢urr¢n¢ieg at the balancc shcct date are r¢port¢d at th¢ rate5 of exchallg¢ pr¢vailing ai thai £latt. The results of overseas operations are translated at the average rates of exchange during the period and their balan¢¢ sheets at the rates ruling at the balan¢¢ sheet dat¢. Exchat]ge differences arAsing on translation of the opening net assets andFesults o(overseas operations arereported in other comprehensive income and accumulated n equity (attributed to non-controlling interest¥ as appropriate). Other exchange differen¢es are recognised in the Statement of Financial Activities in the period in which they arise except for.. l} exchang6 difference$ on transactions entered into to h¢dg¢ certakn foreign currency risks {se¢ above),. 2) cxchange difference.% arising on gains or losses on non-monetary items whidi are recogjiised in other compreh¢nsive iucomc. and 31 in tbe case of the Consolidated financial statements, exchange differences on monetsry items receivable from or payable to a foreign operation for which seitlemeni is neither planned nor likely to o¢¢ur {ther¢fore fornitng pari of the nei investment in tbe for¢ign opcraiiott), which are recognised in othu comprehensive incom¢ and reported under equiiy. Fund Structure Unrestricted income fvnds are g¥llcral fid8 that are available for use at the trusteey's discretion itt fi]rtheratJ¢e of the objectives of the charity. Restricted in¢ome funds are those d0tted for use in a parti¢ular area or foI specific purw)se4 the use of which is restricted to that area or purpose. 3 Ineome from donations and leg4¢ies UDrestrRcted funds General Total funds Grants, including Capital grants; Government grants 111,464 111464 Total for 2021 111.464 'rotal for 2020 1.938 24
Plus You Limited Notes to the Financi81 Statements for the Year Ended 31 March 2021 4 lllcome from cbaritable activities Unrestrieted funds General Total funds Restrieted fund$ General Rental, hire charges and geThices incorne from Hightown and HiDkler CoJJJmLMJity Centr¢s S¢rvi¢¢s provided to th¢ ¢onununity 58,184 58,184 3.425 3.425 Total for 2021 3,425 61.609 Total for 2020 5 Income from other tradlng actlvltlcs Unrestricted funds General Total funds Trading income,. Othcr trading income 315 240 315 240 Tot21 for 2021 315240 315,240 Total for 2020 429 834 429.834 6 Investment Income Unrestrleted funds Gtlleral TotAI funds Income from rents 103 128 103.128 Total for 2021 103,128 103 128 Total for 2020 117,233 117233 25
Plus You Limitcd Notes to the Financial Statements for the Year Ended 31 Mareh 2021 7 Expenditure cbarit8ble activities Unrestricted fund5 General Restricted fullds Total funds Note Exp¢tdi¢ure on Charitable Activities Depreciatioll, amortisation and other similar costs 36,980 36,980 57 128,370 18.683 4,200 57 Staff ¢o$ts Allocated support cosLs Governance costs 128.370 18,683 Total for 2021 188,290 188.290 TotAI for 2021J 243.995 245415 In addition to the expendEture allalysed above, there are also governance Costs of £4.200 {2020 - £4.200) which relate directly to ¢haTitable acliviti&s. See note 9 for fiwther detsils. 8 Other expenditure Unrestricted funds General Total funds Note Staff costs Wages and salaries Depre¢iation, amortisation and other similar wst5 Other resources expended 46,160 34,625 153.279 46,160 34,025 151,773 Tot81 for 2021 234,064 232 558 Total for 2020 341846 341846 26
Plus You Limlted Notes to the Fin4nci31 Statements for the Year Ended 31 March 2021 9 Analysis of governance and support l51s Costs of trading activiti¢$ Unrestricted funds General Total funds Accountancy & bookkeeping Advertising & marketing Confidenlial waste disposal General inSLance 8,935 8.935 298 298 536 4,808 1.147 40 1.123 1,395 86 536 4,808 1,147 HR& H&S support IT Legal & professional fees Other expenses Printing, postage & stationery Refreshm¢nts Telephone 1.123 1,395 86 315 315 Total for 2021 18,68J Total for 2020 23.095 Governance cost5 Unr*strleted funds Geiieral Total fulld5 Audit fee$ Audit of the financial statements Totgl for 2&21 4.200 TotAI for 2020 r4et incomillg/outgoiDg resources Net incotning re50urces for th¢ year include." 2021 20211 Depreciation of fixed 288ets 27
Plus You Limited Notes to the Financial Statements for the Year Ended 31 Mareh 2021 11 Trustees remuneration and expeuses No trnstees, nor any peisons collnccted with them, havc r¢ceived ally remuneration from the charity duriug the year. No trustees haye received any reimbursed expenses or any other benefits from the charsty during the year. 12 Staff eost8 The aggregate payroll Costs were as lollows.. 2021 2020 Staff eosts during th¢ ycar were". Wages and salaTiCS Employ¢rs national itisurattce PensioJL Costs 162.963 8,256 3,073 195.966 14,070 3.565 174 92 213 601 The monthly averaEe numberof persons (including senior management team) employed by the dwity during the year expressed as full time equivalents was as follows.. 2021 2020 Cbief Executive Con)munity Development Officer$ Administration alld Support 10 12 No employee received emoluments of more than £60,000 during the year. The chief executive otTicer. as the highest paid member of staff, rttetved benefits totalling £52,038 (2020- £46,857}. 13 Auditors. remuneratlon 2021 2020 Audit of the fjnancial %tatements 4,200 4,200 14 Taxatlo The charity is a registered charity and is therefore ex¢mpt from taxation. 28
Plus You Llmlted Notes to the Financial Statements for the Year Ended 31 Mareh 2021 15 Tanglble fixed assets Land attd buildings Furniture and equipment Total Cost At l April 2020 4 830,000 282,304 5 112,304 At 31 Mar¢h 2021 4 830 000 5 112304 Depreeiation At l April 2020 Ch&rgc for the year 111,240 12.360 187,874 22.265 299,114 34,625 At 31 March 2021 123.600 210 139 333 739 Net book value At 31 March 2021 4 706 400 72,265 4 778 665 At 31 March 2020 4718760 94.430 4,813.190 Included within thc net book value of land and building5 above is £3,285,000 (2020 - £3,285,000) in respcct of freehold land and buildings and £1,421,41X)12020- £1,433,760) in respect of leaseholds. The investment propety comprises commercial units at HightOWD, from which the investm¢nt proleS inco¢ is derived. The trustees have valued these propertie$ at £285.000. also the origtnal ¢ost of the property. The freehold propety represents the land on whi¢h the Higbpoint vcnue is builL The property wa$ a¢quired in 2014 in acLordallce with th¢ tern]s of the lease, following the insolvency of the buildings owner. No payment was ade for the property. The Trn$t$ have considered the valuation of the Highpoirlt V¢nue lond buildiuLy and consid¢r thai the carying value of £3 million is a reasonable current valuation. At the time of the insolvency of the previous owner8. no offer8 were received for the property above this value alld whilst the building is still being brought into full use. its financial perforn?ance does not support an Crease in value. 29
Plus You Limited Notes to the Financial Statements for the Year Ended 31 Ivlareh 2021 6 Flxed asset investments 2021 2020 Shares in group und¢rtakings and parti¢ipating interests ii)o 100 Sbares in group undertaklngs and participating 5nterests Sllb$idi#ry lldeytakings 'I'otal Cost At 31 Marth 2020 and at 31 Manh 2021 loo FrO510n for Impalrn)ent At 31 March 2020 and at 31 March 2021 Net book value At J l March 2020 and at 31 March 2021 loo 100 17 Debtors 2021 2020 Tr&de debtor8 Due from group undertakings Prepayments Other debto 28.505 92,512 10.643 I,825 133485 t13.395 94.118 11,765 217586 18 Cash and ca$h equivalents 2021 2020 Cash on hand Cash at bank 228 334 170 334 170 83,824 30
Plus You LAmited Notes to the Financial Statements for the Year Ended 31 March 2021 19 Creditors: amounts falling due wlthiti one year 2021 2020 Trade crediti>rs Other loans 33,906 26,000 26,458 24,500 6,975 ii,ioo 17,799 26,777 Other tIOn and social security VAT 8,144 22,212 17,814 69,233 177.309 Other ¢reditors A¢cruals DefetEed income 182.846 20 Creditors: 8mounl$ falling due after year 2021 20211 Other loans 37,215 69,215 21 Pension and other schem¢$ The charity operates a defined ¢ontrtbution pension scheme. The pcnsion ¢ost Gharge for the year represents ¢ontributions payable by the ¢lwity to the schem¢ and amounted to £3,073 (2020- £3,563). 31
Plus You LAmltcd Notes to the Financial Statements for the Year Ended 31 March 2021 22 Fund$ Balance 8t i April 2020 Mareh 2021 Unre$trl¢ted General General Fund 4,840,675 5,006,407 Restrieted Motiv8 Motiv8 Activiti¢$ Fun Days sch)1 Holiday Lunch Club 20,697 20,697 1.267 Totsl restricted 25,389 Totsl funds 4.862 639 Bolance At I April 2019 5.031,796 Balante at 31 March 2020 UDrvJtrlcted funds Gemernl General Fund 4.832242 4,840,675 Restricted Motiv8 1,198 16,780 3.719 Mtstiv8 Activities Fun Days School Holiday Lunch Club 20,697 Totol rc$tricted funds Total funds 4.853 939 4 $62 639 The specific puOSe$ for which thc funds are to be applied a as follows.. Motiv8- Thi5 project funds a¢¢ivi¢ies for younger people, aged 5 to 12, throughout the school holiday8. FunDays- funding for Thornhill residcnts for sun)mer outings and Christmas visit to pantomiTyJe. 32
Plus You Limited Notes to the Financial Statements for the Y¢ar Endcd 31 March 2021 23 Analysis of net funds At 31 March 2021 At l AprRI 21120 Cash tIosV Cash at bank and in hand 83,824 250,346 334,170 Net Funds 83.824 250,346 Fillxneing ch flosvs 334.170 At31 Mareh 2020 At l Aprll 2019 Cash at bal and in hand 11.734 Nei debi 11.734 24 Related party trsns&ction$ During the year the clwity made the following related party transactions." Highpoint Hospitality Serviees Limited (Plus You Limited owns lo19 of Highpoint H08Pltality Service8 Lin)Itedl Highpoint Hospitality SerTri¢es Limiied was sct up to act a tradiT]g company that looks aftcr th¢ running of the bar in the highpoint centre. During the fuiancial year, Plus You Lilted were invoiced £2,254 (2020.. £17,907) by Highpoint Howitslity Services Li2nited for services. Al the balallce theet date the amount due to/from Highpoint Elospitality Setvi¢e$ Limited was £990 {2020- £94,118)- 33