2022-06-30-accounts - Freedom Community Alliance Limited

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CONTENTS		PAGE
Trustees annual report
Independent examiner's	report	12
Statement offinancial activities		13
Balance sheet
Statement ofcash flows		15
Notes to the financial statements		16

Governing	Document	Document	Memorandum and articles ofassociation	Memorandum and articles ofassociation	Memorandum and articles ofassociation	Memorandum and articles ofassociation
Constitution:			Company limited	by guarantee
Company Registration Number Charity Registration Number:			06628989 1125960
Principal	Office:		Freedom Centre
			1 Howard Avenue
			Barnstaple
			Devon
Registered		Office:	Freedom Centre
			1 Howard Avenue
			Barnstaple
			Devon
Operating	Name:		Freedom Community		Alliance
Trustees	and Directors:		Mr P Ayrton Chairman
			Mr R Bartlett
			Mrs M Kuo
			Mrs C Jones
			Mr D Clapp (Appointed			7 December 2022)
			Ms J Hanson (Appointed			7 December 2022)
			Mr D Hunt (Appointed		7 December 2022)
			Mr M Parsons (Resigned 7December 2022)
			Mr P Bate (Resigned		8	July 2021)
Bankers:			Lloyds Bank Pic
			17Cross Street
			Barnstaple
			Devon
Solicitors:			Brewer Harding	&Rowe Solicitors
			The Square
			Barnstaple
			Devon
Independent		Examiners:	LCA Chartered 13Silver Street	Accountants
			Barnstaple
			Devon

YEAR	ENDED	3	0JUNE 202	2
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds	Funds	2022	2021
	Note		f	6	8	E
INCONIE Grants and Donations		2	42,034	144,073	186,107	158,675
Charitable Activities		2	733,671		733,671	636,725
investment Income			10		10
Other Income			31,592		31,592	27,046
TOTAL INCOME		9	807,307	144,073	951,380	822,454
EXPENDITURE Charitable ac0vities		3	857,838	75,116	932,954	830,755
TOTAL EXPENDITURE			857,838	75,116	932,954	830,755
NET INCOME/(EXPENDITURE) Transfer between funds ofthe Charity Balances brought fonvard		4	(50,531) 64,403 260,329	68,957 (64,403) 62,781	18,426 323,110	(8,301) 331,411
Balances carried forward		9	274,201	67,335	341,536	323,110

FIXEDASSETS						2022		2021
						8		6
Tangible assets						181,176		142,707
CURRENT ASSETS
Debtors				6	94,821		37,545
Cash at bank and		in hand			147,967		193,770
					242,788		231,315
CREDITORS: Amounts			falling due within one
year				7	(82,428)		(50,912)
NET CURRENT	ASSETS					160,350		180,403
TOTAL ASSETS		LESSCURRENT LIABILITIES				341,536		323,110
CREDITORS: Amounts			falling due affer more than
one year
NET ASSETS						341,536		323,110
FUNDS
Unrestdcted:
Designated funds Other charitable funds						228,676 45,525		190,207 70,122
Restricted						67,335		62,781
TOTAL FUNDS						341,536		323,110

						2022	2021
Cash flows from operating activities:
Net cash provided by (used in) operating		activities				~32 8$5	~47305
Cash flows from investing activities:
Interest income						10
Proceeds from sale of property, plant and	equipment					440
Purchase of property, plant and equipment						~79138	~30 820
Net cash utilised by investing activities						~78688	~30812
Change in cash and cash equivalents	in the reporting			period		(45,803)	16,493
Cash and cash equivalents at the beginning			ofthe reporting		period	~193770	~177277
Cash and cash equivalents at the end	ofthe reporting			period		~147967	~193770
All cash snd cash equivalents relate to cash		st bank or in		hand.
Reconciliation ofnet income to net cash		flows from operating			activities	2022 6	2021 6
Net income/(expenditure) for the reporting			period			18,426	(8,301)
Adjustments for:
Depreciation charges						3$,392	34,222
Loss on disposal offixed assets						1,837
Interest from bank deposits						(10)	(8)
Decrease / (Increase) in debtors						(57,276)	(2,674)
(Decrease) / Increase in creditom						3~1516	~24066
Net cash provided by operating activities						32$85	47305

						Unrestricted	Restricted	Totall	Total
						Funds	Funds	Funds	Funds
								2022	2021
Income from Grants	and		Donations
Central Government	8 Council				Funding
received from:
North Devon DC							94,948	941948
Devon CC							30,640	30,640
North Devon Voluntary		Service					3,500	3,500
Restricted Charitable		Funding					14,985	14,985	73,677
Unrestricted Grants from local bodies				government					11,500
Unrestricted Donations Organisation		—Related			Party	4,500		4,500	31,000
Unrestricted Donations —Charities, Organisations & Individuals						37,534		37,534	42,498
						42,034	144,073	186,107	158,675
Income from Charitable			Activities
Housing Benefit & Resident's				Contributions		562,477		562,477	523,238
Contractual Income for Services		Housing			Support	171,194		171,194	113,487
						733,671		733,671	636,725
Other Income
Rent						20,500		20,500	9,215
Job Retention Scheme									6,594
Sundry Sales						11,092		11,092	11,237
						31,592		31,592	27,046

3. EXPENDITURE
	Provision of	Housing Support	Charitable, mainly Day	2022 Total	2021 Total
	housing	Services	Centre
Costs directly allocated to activities Staff Costs	154,585	115,752	45,927	316,264	280,589
Rent 8,Council Tax Heating & Lighting Motor Expenses Depreciation	223,601 46,502 17,209 19,283		1,337	223,601 46,502 17,209 20,620	199,579 44,183 13,900 18,476
Other costs relating to a specific activity	76,601		5,366	81,967	84,271
	537,781	115,752	52,630	706,163	640,998
Support costs allocated to activities Management &Finance Staff Rent &related landlord charges Insurance	73,940 21,505 5,315	15,915 20,876 5,160	7,236 4,175 1,032	97,091 46,556 11,507	89,265 44,720 7,411
Heating & Lighting Computers &Software irrecoverable VAT	3,182 3,046 5,743	3,089 2,957 5,575	618 591 1,115	6,888 6,594 12,433	5,955 6,393
Depreciation Other support costs	8,209 20,737	7,969 4,463	1,594 2,029	17,772 27,230	15,745 19,608
	141,677	66,004	18,390	226,071	189,097
Grants made to other Charities				720	660
Total Expenditure				932,954	830,755
Total staff costs were as follows:				2022	2021
				f	f
Wages and salaries Employer's National Insurance Employer's pension contributions				387,453 20,567 5,335	346,915 18,475 4,464
				413,355	369,854

hisisstated after charging:
	2022	2021
	8
Rent of buildings Grants made to other charities Depreciation oftangible fixed assets (Gain)/Loss on disposal of fixed assets Examination fees Other fees paid to independent Examiner	247,732 720 38,392 1,837 502 ~1437	221,060 660 34,222 441 ~1622

5. TANGIBLE FIXED ASSETSF	OR USE BYTHE CHARI	TY
	Leasehold prope rty	Vehicles	Plant and Equipment	Total
	6		6
COST At 30JUNE 2021 Additions for the year Disposal	243,030 19,170	20,334 (2,650)	262,013 59,968 (13,882)	525,377 79,138 (16,532)
At 30JUNE 2022	262,200	17,684	308,099	587,983
DEPRECIATION
Basis	Straight line	Reducing Sal	Straight Line
Rate	5 10%	25%	10-33%
At 30JUNE 2021	142,234	8,683	231,753	382,670
Charge for the year	13,915	3,179	21,298	38,392
Disposal		(1,672)	(12,583)	(14,255)
At 30JUNE 2022	156,149	10,190	240,468	406,807
NET BOOK VALUE
AT 30JUNE 2022	~106051	~7494	~67 631	~181 176
AT 30JUNE 2021	~100796	~11 651	~30260	~142 707
6. DEBTORS
			2022	2021
				6
Trade debtors Prepayments Accrued income Other debtors			161 8,412 65,935 20313 9~4821	961 7,839 21,261 ~784 ~37 545

CREDITORS: Amounts falling due within one yea	r
	2022	2021
	8	6
Deferred income	53,333	27,666
Accrua la and other creditors	29,095	23,246
	82,428	50,912

e tota	l	offuture minimum lease payments isas follows	;
			2022	2021
			6	6
Within Over	1	1 year year but less than 5 years	175,166 311,044	145,632 239,865
Over	5	years	145,313	157,386
			631,523	542,883

			Unrestricted	Restricted	Total Funds
			funds	funds	2021
INCOME
Grants and donations			84,998	73,677	158,675
Investment income
Income from charitable	activities		636,725		636,725
Other income			27,046		27,046
TOTAL INCOME			748,777	73,677	822,454
EXPENDITURE
Charitable activities		3	750,505	80,250	830,755
TOTAL EXPENDITURE			750„505	80,250	830,755
NET INCOME I(EXPENDITURE) BEFORE
TRANSFER			(1,728)	(6,573)	(8,301)
Transfer between funds	ofthe Charity
Total Funds brought forward			262,057	69,354	331,411
Total Funds carried forward			260,329	62,781	323,110