2022-03-31-accounts - Shelter From The Storm

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Contents
Reference and administrative details	of	the Organisation.
Trustees Report.
About Shelter from the Storm ..
Mission statement and vision ..
Co-Founder's statement and annual	review .
Structure, governance and management		.	.27
Financial Review and Reserves Policy.			.28
Trustees' responsibilities statement.			.29
Independent Auditor's report on the	Financial Statements.		.30
Statement offinancial activities			.34
Balance Sheet .			35
Statement ofCash Flows			37
Notes to the Financial Statements			38

							As restated
				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2022 8	2022 8	2022 8	2021f
Income from:
Donations and	legacies		2	178,524	292,378	470,902	528, 148
Investments			3		389	389	581
Total income				178,524	292,767	471,291	526,710
Expenditure on:
Raising funds			4	1,000	1,617	2,617	2,081
Charitable activities			5	125,619	282,191	407,810	421,883
Total expenditure				126,619	283,808	410,427	423,844
Net movement	in funds			51,905	8,959	60,864	102,786
Reconciliation	offunds:
Total funds brought		forward		137,290	1,247,962	1,385,252	1,282,488
Net movement	in funds			51,905	8,959	60,864	102,788
Total funds carried forward				189,195	1,256,921	1,446,116	1,385,252

									As restated
					Note		2022 8		2021f
Fixed assets
Tangible assets					10		1,298,072		1,310,080
							1,298,072		1,310,080
Current assets
Debtors					11	79,789		119,402
Cash at bank and	in	hand				484,186		427,384
						563,975		546,786
Creditors: amounts		falling		due within one
year					12	(136,765)		(142,448)
Net current assets							427,210		404,338
Total assets less	current			liabilities			1,725,282		1,714,418
Creditors: amounts		falling		due after more
than one year					13		(279,166)		(329,166)
Net assets excluding			pension asset				1,446,116		1,385,252
Total net assets							1,446,116		1,385,252
Charity funds
Restricted funds					15		189,195		137,290
Unrestricted funds					15		1,256,921		1,247,962
Total funds							1,446,116		1,385,252

				2022	2021
				2
Cash flows from operating	activities
Net cash used in operating	activities			197,689	164,542
Cash flows from investing	activities
Dividends, interests and rents from investments				389	561
Purchase of tangible fixed assets				(58,883)	(45,518)
Capital expenditure				(18,993)
Net cash used in investing	activities			(77,487)	(44,957)
Cash flows from financing	activities
Repayments of borrowing				(50,000)	(50,000)
Interest paid				(13,400)	(14,250)
Net cash used in financing	activities			(63,400)	(64,250)
Change in cash and cash	equivalents	in	the year	56,802	55,335
Cash and cash equivalents	at the beginning		of the year	427,384	372,049
Cash and cash equivalents	at the end	of	the year	484,186	427,384
The notes on pages 38to 57form part of these financial statements

		Restricted	Unrestricted	Total
		funds	funds	funds
		2022	2022	2022
		2	2	2
Donations	and grants	177,793	292,378	470,171
Gifts in kind		731		731
		t78,524	292,378	470,902

Restricted	Unrestricted	Total
funds	funds	funds
2021	2021f	2021
157,316	368,833	526,149

			Unrestricted	Total
			funds	funds
			2022	2022
			2	8
Bank	interest	receivable	389	389
			Unrestricted	Total
			funds	funds
			2021 f	2021 f
Bank	interest	receivable	561	561

		Restricted	Unrestricted	Total
		funds	funds	funds
		2022 f	2022 8	2022 2
Fundraising	expenses	1,000	1,617	2,617
			Unrestricted	Total
			funds	funds
			2021f	2021f
Fundraising	expenses		2,061	2,061

	Restricted	Unrestricted	Total
	funds	funds	funds
	2022 f	2022 8	2022 2
Direct costs	117,619	248,907	366,526
Supportcosts	8,000	33,284	41,284
	125,619	282,191	407,810

Summary by fund type (continued)
	As restated	As restated	As restated
	Restricted	Unrestricted	Total
	funds	funds	funds
	2021	2021f	2021
Direct costs	120,423	283,921	384,344
Supportcosts		37,539	37,539
	120,423	301,480	421,883

	Activities
	undertaken	Support	Total
	directly	costs	funds
	2022f	2022 8	2022f
Direct costs	366,526		366,526
Supportcosts		41,284	41,284
	366,526	41,284	407,810
	As restated
	Activities		As restated
	undertaken	Support	Totai
	directly	costs	funds
	2021f	2021f	2021f
Direct costs	384,344		384,344
Support costs		37,539	37,539
	384,344	37,539	421,883

			As restated
		Total	Total
		funds	funds
		2022	2021
		8
Staff costs		204,311	209,467
Depreciation		89,285	86,901
Volunteer costs		258	299
Food and supplies		19,177	17,001
Training			1,171
Project costs		1,158	30,088
Insurance		6,649	5,394
Legal clinic expenses		56	98
Guest expenses		3,279	1,411
Counselling and English	tuition	10,252	4,655
Service charges		1,722	600
Travel		639	1,448
Loss on sale of fixed asset		750
Light and heat		21,027	16,121
Other premises expenses		7,899	9,658
Translation services		64	32
		366,526	384,344

			Total	Total
			funds	funds
			2022	2021
			2
Printing, postage and stationery			514	395
Telephone			3,824	4,505
Bank charges			1,666	1,494
Computer costs			1,006	1,368
Legal fees				241
Administration	expenses		446	516
Finance costs			13,241	I4,250
Payroll and bookkeeping		costs	9,106	8,781
Accountancy			10,280	4,500
Sundry expenses			1,201	1,489
			41,284	37,539

Staff costs
			2022 8	2021f
Wages and	salaries		165,991	174,449
Social security costs			17,313	13,996
Contribution	to defined contribution	pension schemes	21,007	21,022
			204,311	209,467

2022	2021
No.	No.
10	10

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		2022	2021
		8
Due within one year
Other debtors		52,634	83,056
Prepayments	and accrued income	6,156	4,441
Tax recoverable		20,999	31,905
		79,789	119,402

			2022 2	2021f
Bank loans			50,000	50,000
Trade creditors			889	11,052
Other taxation	and social security		4,108	4,740
Other creditors			590	2,000
Accruals and deferred		income	81,178	74,656
			136,765	142,448

		2022	2021
		2
Bank loans		279,166	329,166
Included within the above are amounts	falling due as follows:
		2022 2	2021f
Between one and two years
Bank loans		50,000	50,000
Between two and five years
Bank loans		150,000	150,000
Over five years
Bank loans		79,166	129,166

Statement offunds	- current	year
						Balance at
		Balance at 1			Gains/	31 March
		April 2021	Income	Expenditure	(Losses)	2022
		8	2	2	8	2
Unrestricted funds
Designated funds
Move on up project		200,000				200,000
Generalfunds
General Funds - all	funds	1,047,962	292,767	(283,058)	(750)	1,056,921
Total Unrestricted	funds	1,247,962	292,767	(283,058)	(750)	1,256,921
Restricted funds
COVID		9,167				9,167
Equipment			731	(305)		426
Holland Walk		100,000		(11,683)		88,317
Impact Fund		17,726				17,726
Oak Foundation 5yr	(2)		65,000	(55,000)		10,000
PAY			59,400	(59,400)
Philosophy fund		1,395				1,395
Sleeping Pods			53,393	(231)		53,162
Pro Bono Legal Clinic Fund		9,002				9,002
		137,290	178,524	(126,619)		189,195
Total offunds		1,385,252	471,291	(409,677)	(750)	1,446,116

Statement offunds	- prior y	ear
		As restated				Balance al
		Balance at		As restated	Transfers	31March
		6April 2020	Income f	Expenditure	in/out	2021 f
Unrestricted funds
Designated funds
Move On Up project					200,000	200,000
Generalfunds
General Funds - all	funds	1,182,089	369,394	(303,521)	(200,000)	1,047962
Total Unrestricted	funds	1,182,089	369,394	(303,521)		1,247,962
Restricted funds
Pro Bono Legal Clinic Fund		9,002				9,002
Holland Walk Fund		90,000	20,000	(10,000)		100,000
Project Fund			59,400	(59,400)
Philosophy Fund		1,395				1,395
Impact Fund			25,000	(7,274)		17,726
Covid Fund			10,000	(833)		9,167
Oak Foundation Fund			42,916	(42,916)
		100,397	157,316	(120,423)		137,290
Total offunds		1,282,486	526,710	(423,944)		1,385,252

Summar	y	offunds - cu	rrent year
							Balance at
			Balance at 1			Gains/	31 March
			April 2021	Income	Expenditure	(Losses)	2022
			2	2	2	2	2
Designated		funds	200,000				200,000
General	funds		1,047,962	292,767	(283,058)	(750)	1,056,921
Restricted		funds	137,290	178,524	(126,619)		189,195
			1,385,252	471,291	(409,677)	(750)	1,446,116

Summar	y offunds - prior year
								Balance al
		Balance at				As restated	Transfers	31March
		6April 2020		Income f		Expenditure	in/out	2021f
Designated funds							200,000	200,000
General	funds	1,	182,089	369,394		(303,521)	(200,000)	1,047,962
Restricted funds			100,397	157,316		(120,423)		137,290
		1,282,486		526,	710	(423,944)		1,385,252
Analysis	of net assets between	funds
Analysis	of net assets between	funds - current year
						Restricted	Unrestricted	Total
						funds	funds	funds
						2022 2	2022 f	2022f
Tangible	fixed assets					125,619	1,172,453	1,298,072
Current	assets					130,976	432,999	563,975
Creditors	due within one year					(67,400)	(69,365)	(136,765)
Creditors	due in more than one year						(279,166)	(279,166)
Total						189,195	1,256,921	1,446,116
Analysis	of net assets between	funds - prior year
						Restricted	Unrestricted	Total
						funds	funds	funds
						2021f	2021f	2021f
Tangible	fixed assets					89,187	1,220,913	1,310,080
Current	assets					48,123	498,663	548,786
Creditors	due within one year						(142,448)	(142,448)
Creditors	due in more than one year						(329,166)	(329,166)
l						137,290	1,247,962	1,385,252

18.	Reconciliation of	net movement	net movement	in funds	to net cash flow from operating	to net cash flow from operating	activities
							2022	2021
							2
	Net income for the	year (as per Statement			of Financial	Activities)	60,864	102,766
	Adjustments for:
	Depreciation charges						91,183	85,902
	Dividends and interest from investments						(389)	(561)
	Loss/(gain) on the	sale of fixed assets					600
	Decrease/(increase)		in debtors				30,446	(83,848)
	Increase/(decrease)		in creditors				3,484	54,200
	Interest paid						13,400	14,250
	Net cash provided	by operating		activities			199,588	173,709
19.	Analysis ofcash	and cash equivalents
							2022 2	2021f
	Cash in hand						484,186	427,384
	Total cash and cash equivalents						484,186	427,384
20.	Analysis of changes		in net debt
						At 1 April		At 31 March
						2021	Cash flows	2022
						6	2	2
	Cash at bank and	in	hand			427,384	56,802	484,186
	Debt due within 1 year					(50,000)		(50,000)
	Debt due after 1 year					(329,166)	50,000	(279,166)
						48,218	106,802	155,020