Reglstered number.. 342S195 Cha17ty number: 1127369 BLACKBURN & DISTRICT SUPPORTED HOUSING LIMITED (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
BLACKBURN & DISTRICT SUPPORTED HOUSING UMITED {A company Ilmlled by guarantee) CONTENTS Pa9e Reference and admlnistrative details of th8 charity. its tru$ts•s and advisors Truslees. rei)ort Independent examingrfs report ststement of finaTrclal activilies Balance sheet NotOS to the financial statements 9-17
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMrrED (A company Ilmited ty guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY. rrs TRUSTEES AND ADSERs FOR THE YEAR ENDED 31 MARCH 2021 Trustees Graharn Jones Irene Woodhouse {resigned 07.10.211 Thomas Noone Karen Kerr John James Hadleigh lapw)inled 07.10.21) Company reglstered nurnber 3425195 Charity regis¢•red number 1127369 Registered office 45 Railw Road Blackbum Lancashire BB11EZ Company se¢retsry Graham Jones Chlef executive officer Bemadette Pearn Accountsnts CW Accountants Ltd 30 Brotherston Drive Blackbum Lancashire BB2 4FJ Bankers Barclays Bank plc 8114 Darwen Street Blackburn BB2 2BZ Page 1
BLACKBURN & DISTRICT SUPPORTED HOUSING UMITED (A company Ilmlted by guarantee) TRUSTEES. REPORT FOR ThE YEAR ENDED 31 MARCH 2021 The Twstees present their annu81 reprKt tc•Jether the financial statements of the charitable company for the 1 April 2020 to 31 March 2021. The Trustees confirn that the Annual Report and financial ststements of the company eomply with the current stalulory quIrements. the requirements of the companls goveming documant and the provislons of the Statement of Recommended Practice ISORPI. applicable to charities preparing Ihair accounts in accordan wth the Financial Reporbng Standard applicable in the UK and Republlc of Ireland IFRS 1021 (effective 1 January 2015} as amended by Update Bulleb"n 1 leffeclive 1 January 20151. Since the charitable company qualifies as small under seion 383. the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directorfs Report} Regulations 2013 is not required. OBJECTIVES AND ACTMTIES . POUCIES AND OBJECTIVES Thg wlncipal obiective of the caritable company is Yhe lief of p8rsons wilh leaming disabilities in the Blackburn, Damen and Hyndbum areas of Lancashire and their environs. and the families of suc* persons. In paClar through the promotion and provisK)n of supported accomodation,. There have been changes in the obiecknves since Ihe18St annual reporL Public Benefit The Trustees are confident that the principal adivrty delailed below, satisfy the requirement for the charitable CL)mpany to show that il meets the public ben8fKI requirements. in a(Lord8nce the Section 17(5) of the Charf(ies Act 2011. ACHIEVEMENTS AND PERFORMANCE a. REVIEW OF ACTMTIES The principal adivity in the year under reMew was that of prowding care for persons with leaming disabllities through the provision of supported accomodation. The charitable company and rts employees are currently able lo support up to 9 persons in purpose built a<xomodation. 1-19 Grantham Street in Blackbum. The houses have been fully occupied for most of the year. Sadly. one of the residents. Keith Oldham, passed away on the 9th January 2021. He very kindly left a legacy of £126.947 for the charitatAe company FINANCIAL REWEW a. GOING CONCERN After maknng appropriat8 8nquirtes. the trustees have a reaSonae eXtion that the charitable company has adequate resour$ lo conlinug in operational existence for the foreseeable future. For this reason they continue to adopt the going concem basis in preparing the finanaal ststements. Further details regarding the adoption of the going concem basis can b8 found in the A(xounting Policies. b. RESERVES POLICY The Management Committe aims to aCMle reserves of between 3 and 6 months of the resources expended to enable current activities and liabilities to be meL in the event of delay in reipt of income. Current reserves amount lo £1,331.60612020- £1.144,392)- all reserves for 2021 and 2020 are unrestricted. Page 2
BLACK8URN & DISTRICT SUPPORTED HOUSING UMJTED (A company Ilmited by guarantao) TRUSTEES, REPORT {contlnu•d) FOR THE YEAR ENDED 31 MARCH 2021 c. PRINCIPAL FUNDING Principal funding is received from Local Aulhortli8S. STRUCTURE. GOVERNANCE AND MMAGEMENT a. coNSTuT10H The charitable company is a charitable wmpany limited by guarantee and was sel up by a Memorandum of Association 27 August 1997. amended 1 Seplember 2008. and was registered as a charity (number 1127369} on S January 2009. The charitsble company is constrtuted under a Memorandum ofAssociation dated 27 August 1997 and is registered charity number 1127369. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charitable company is the responsibilrty of the Tnjstees who ar8 elead and co-opted under the terms of the Articles ofAssociats"on. c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES When Truslees are appointed they are given appropriale inducbon arKI training and refer lo Charity Commission guidelines. d. ORGANISAnoNAL STRUCTURE AND DECISION PAAKING The charitable (x)mpany ha5 wntinued to be managed by a Managem8nt Commrttee which consists of the five dirgctors. e. RELATED PARTY RELATIONSHIPS During the year Tom Noone. a Tnjstee of the charitable u)mpany. prowded paid management services lo Blackbum & District Supported Housing Ltd. f. RISK MANAGEMENT The Trustees have assessed the major risks lo which the charity is exw5ed, in particular those re18ted to the operations and finances of the chartty. and are satisfied that systems and procedures are in place lo mttigale our exposure to the major risks. These major risks are the impact of short lemi fvnding, changes in furbding streams, changes to key personnel and changes in IcKal and ntral govemment tx)licy. MEMBERS. LIABILITY The Trustees of the charitsble company guarantee to ¢ontribute an anKwnl not exceeding £1 to the assets of the charity in the event of wnding up. Page 3
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMITED (A company Ilmited by guaranlee) TRUSTEES. REPORT l¢ontlnuedl FOR THE YEAR ENDED 31 MARCH 2021 TRUSTEES, RESPONSIBILITIES STATEMENT The Trustees (who are also directors of Blackbum & District Supported Housing Limited for the purposes of company lawl are responsible for preparing the Trustees. report and lJ)& financial statements in accordance with applicable law and United Kingdom Accounting Standards (United lQngdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial slalements for each financial year. Under company law U)e Trustees musl not approve the finanual statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitsble company and of the incoming resources and appli(8ticm of resources, including the income and expenditure, of the charitsble iJJmpany for that period. In preparing these financial slalements. the Trustees are required lo.. select suitable accounting polraes and then appty them cOnstenty. observe the melhcls and prinoples in the Charities SORP.. make judgments and accounting estimates that are reasonab and prudent" prepare the financial stalemenis on the going concem basis unless it is inappropriate lo presume that the charitable company 11 continue in operation. The Trustees are responsible for keeping adequate acc4)unting records that are sufficient to show and explain the charitable compans transactions and disdose wrth reasonable accuracy at any time the finala1 position of the charrtable company and enable them to ensure that the finanaal ststements comply wtth the Companies Act 2006. They are also responsible for safeguarding the assets of the charilable o)mpany and hence for taking reasonable steps for the prevention and detecbon of fraud and other irregularities. The Trustees are responsible for the Maintenan and integrity of the corForale and finanaal infomation induded on the chariiable CoMpanS webstte. Legislation in the United Kingdom governing the preparation and dissemination of financial ststements rnay differ from legislalion in otherjurisdictions. This report was approved by the trustees on 31 January 2022 and signed on their b8haW by; Tom Noone Trusteg John James Hadleigh Trustee Page 4
BLACKBURN & DISTRICT SUPPORTED HOUSING UMITED {A company Ilmtted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKBURN & DISTRICT SUPPORTED HOUSING LIMITED (the 'charitable company I rewrt tr) the charfty Trustees on my examination of the accounts of the charitable cc4mpany for thg year end8d 31 Marth 2021. This report is [Wde soldy lo the Lliaritable companys Twstees, as a boty. in aco)rdance Part 4 of the Charities (Accounts and Reportsl Regulations 2CM)8. My work has been undertaken so that I might slate lo the charitable companys Trustees those matters l am required to stale to them in an independent examinerfs report and for no other purtK)se. To the fulle51 exienl pemiitted by law. I do not accept or assume responsibility lo anyone other than the charitable company aThJ the charitable companls Truslees as a bLKly. my wort or for this report. RESPOMSIBILMES AND BASIS OF REPORT As the Trustees of the charitable company (and its directors for the purp)ses of Lxjmpany law) you ar8 responsible for the preparation of the aCcjnts in accordan with the rUirements of the Companies Acl 2006 {'Ihe 2006 Act'}. Having satisfied myBelf that the accounts of the charitable (x)rnpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinaknn. I rewrt in respect of my examination of the charitable CoMpanS accounts carried out under section 145 of the Charibes Act 2011 {'Ihe 2011 Acl'}. In carrying out my examination I have followed the Directions given by th8 Charity Commisslon Lbnder section 145{5)Ibl of the 2011 Act. Page 5
BLACKBURN & DISTRICT SUPPORTED HOUSING UMITED (A company limltgd by guaranlee) INDEPENDENT EXAMINER'S REPORT Icontlnued) FOR THE YEAR ENDED 31 MARCH 2021 INDEPENDENT EXAMINER'S STATEMENT Since the charitable companYs gross income exceeded £250,0 your examlner musl be a member of a tK)dy listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertak8 the examination because l am a member of AAT, which is one of the listed bcmjies. I have completed my exanwnalion. I can confimi that no matters have com8 lo my attentK)n in nneCtion with the examination ging me cause to believe: counting records were not kept in respeci of the tharitsble company as required by section 386 of the 2006 Act,. or the accounts do not accord wrlh those recofds" or the accounts do not comply with the accounting requirements of seciion 396 of the 2Crt)6 Act other than any requirement that the accounts give a Irue and fairf vlew which is not a matter considered as part of an independent examination- or the accounts have nol been preparwj in ar[[1ance th the Meth5 and prinCipS of the Statement of Recommended Practice for accountiro and reporbng by chartties lapplicable to charities preparing their accounts in accordance the Financial Reporbng Standard applicabie in the UK and Republic of Ireland {FRS 10211. I have no concems and have come across no other matters in connedion with the examination to which attention should be drawn in this rewrt in order to enable a proper understanding of the a¢untS to reached. Signed.. Da. 31 January 2022 Gillian Davies AAT qualffied arKI an affiliated member of ACIE CW ACCOUNTANTS LTD 30 Brotherston Drwe Blackbum Lancashire BB2 4FJ Page 6
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMITED IA company limiled by guarantee) STATEMENT OF FINANCIAL ACTNMES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Unrestricted funds 2021 Total funds 2021 Total fvnds 2020 Note INCOME FROM.. Donations and legaaes Charitable activitie5 Investments 126.947 521.251 78 126,947 521.251 78 526.433 140 TOTAL INCOME 648.276 648.276 526,573 EXPENDITURE ON.. Charitablg aclivities 461.062 461,062 461,68T TOTAL EXPENDITURE 461.062 461,062 461,687 NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES NET MOVEMENT IN FUNDS 187,214 187,214 187,214 187,214 64,886 64,886 RECONCILIATION OF FUNDS: Total funds brought forward 1,144,392 1,144,392 1.079.506 1.331.606 1.331.606 1, 144,392 TOTAL FUNDS CARRIED FORWARD The notes on pages 9 to 17 fom) part of these finanLial Statements. Page 7
BLACKBURN & DISTRICT SUPPORTED HOUSING UMrrED IA company Ilmlted by guarantee) REGISTERED NUMBER: 3425195 BALANCE SHEET AS AT 31 MARCH 2021 2021 2020 Note FIXED ASSErs Tangible assets CURRENT ASSETS Debtors Cash al bank and in hand 2.675 5,350 114,887 1.258.229 95.947 1. 113,878 1.373,116 1,209.825 CREDITORS: amounts falling due within one year 10 (147891 (41,387) NET CURRENT ASSETS 1.358,327 1, 168.438 TOTAL ASSETS LESS CURRENT LIABIUTIES CREDITORS: amounts falling due after MO than one year 1.361.002 1,173,788 11 129.3961 (29.396) NET ASSETS 1,331,606 1. 144,392 CHARITY FUNDS Unrestricl8d funds 12 1.331.606 1, 144.392 TOTAL FUNDS 1,331.606 1.144,392 The charitable wmpanys financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. The Trustees consider that the charitable company is entiled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 Ilhe Acri and members have not required the charitable company lo obtain an audit for the year in question in ardance with wtion 476 of the Act. The Tfustees acknOedge their responsibileS for complying wth the requirements of the Companies Act 20ChS with respect lo accounting records and the preparation of financial stalemenls. The financial ststements were approved and authorised for issue by thg Trustees on 31 January 2022 and sned on their behalf. by. Tom Noone Trustae John James Hadleigh Trustee The notes on pages 9 to 17 forni part of these finanaal statements. Page 8
BLACKBURN & DISTRICT SUPPORTED HOUSING UMrfED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES 1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial slalements have been prepared in accordan with Aco)unting and Reporbng by Charities-. Statement of Recommended Practice applicable lo charities preparing their actounts in accordan with the Finanaal Reporhng Standard applicable in the UK and Republic of Ireland (FRS 102} (effective 1 January 20151- Icharibes SORP (FRS 102}l. the Financial Reporting Standard applicable in th8 UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Blackburn & District Supported Housing Limited meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised al historiral cost or Iransact¢on value unless othewse ststed in the relevant acc(yJnting policy. 12 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE In prepadng these accounts. the Trustees have corsid8red whether in applying the aOUnting policies required by FRS 102 and the Charrties SORP FRS 102 the restatement of comparative items was required. No restatements were required. 1.3 COMPANY STATUS The charitable company ts a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the charitable company being wound up. the liability in respect of the guarantee is limited to £1 per member of the charitable rnPany. 1.4 INCOME All ino)me is recognised once the charitable company has entiyemenl lo the income. it is probable that the income will b8 received and the amounl of ino)me receivable can be measured reliably. For legacies, 8nlillement is taken as the eadier of the dale on which either.. the charitsble company is aware that probate has been granted. the estate has been finalised and notification has been made by the execulorfsl to the Trust that a distribution will be made, or when a distribution is received from the estate. ReIpl of a legaGy. in whole or in part. is only considered probable when the amount can be measured reliably and the charitable company has been notified of the executovs intention lo make a distribution. Where legacies have been notified to the charttable company, or the charitable company is aware of the granting of probate, and the criteria fof income recognition have not been mel. then the legacy is treated as a contingent asset and disclosed rf material. Page 9
BLACKBURN & DISTRICT SUPPORTED HOUSING uMrrED (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES (contlnued) 1.5 &XPENDITURE Expenditure is recognised on there is a legal or constnjctive obligation to transfer economic benefit to a third party. tt is probable that a transfer of economic benefits will be required in settlement and the amourrt of the obligation can be measured reliably. Expenditure is classified by activity- The costs of each activtty are made up of the lolal of direct costs and shared costs, induding support costs involved in undertaking each actimty. Direct costs attrtbutable to a single activty are allocated directty to that ath"vity. Shared costs which contribute to more than one activity and support costs which are not attribufable to a single acbvity are apportioned beeen those activities on a basis consistent vmth Ihe use of resources. Central staff costs are allocated on the baS of time spent. and deteciation tharges all¢xated on the portton of the asseys use. Govemance costs a those incuffed in connecaion with adminislratK)n of thg charitable company arKI complianeE with consts"tutional and statutory requirements. Charitable activities and Govemance costs are costs incurred on the charitablg companvs operabons. including support cos15 aNI costs relating to the govemance of the (aritable wmpany apwrttoned lo charitsble activities. 1.6 TANGIBLE FIXED ASSEfs AND DEPRECIATION All assets costing more than £1,0 are capitaiised. Tangible fixed assets are (arried al cost. net of depreciation and any provision for impairment. Depreciation is prowded at rates calculated lo write off the cost of fixed assets, less their estimated residual value. over their expected useftjl lives on the follwng bas8S: Motor veheS 25% straKJht line 1.7 INTEREST RECEIVABLE Interest on funds held on deposit is induded when recivable and the amount can be measured reliably by the charitable company,. this is normally upon notification of the interest paid or payable by the Bank. 1.8 DEBTORS Trade and other debtors a re¢>yJnised at the settlement amount after any trade discount offered. Prepayments are valued 8t the amount prepaid net of any trade discounts due. 1.9 CASH AT BANKAND IN HAND Cash at bank and in hand Indudes cash and short tem highty liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. Page 10
BLACKBURN & DISTRICT SUPPORTED HOUSING UMrrED (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POUCIES Icontinued 1.10 LIABILITIES AND PROVISIONS Liabilities are reeognised when there is an obligation at the balance sheet date as a result of a past event. it is probable that a transfer of economic benefit will be required in setllement. and the amount of the settlement can be estimated rella1y. Liabilrb"es are recognised al the amount that the charitable company anticipates it will pay to sdue the debt or the amount il has received as advanced payments for the goods or services it must provKJe. Provisions aro measured al the b8St eslimale of the amounts required to settle the oblFJalion. Where the effect of the tirne value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rale Ihal reflects the risks specific lo the liability. The unwnding of the discount is recognised within inlerest payable and similar charges. 1.11 FUND ACCOUNTING General funds are unr8stricled furKls which are available for use at thg discr8tion of the Trustaos in furtherance of the general objedives of the charitable company an(J which have not bgen designated for other purposes. 1.12 IRRECOVERABLE VAT Th8 chariiy is not val registered and the exper6es are Sho at the amount including irrewverable vat. INCOME FROM DONATIONS AND LEGACIES Unrestricted funds 2021 Tot81 fvnds 2020 Legaaes 126,947 INCOME FROM CHARrrABLE ACTMTJES Unrgstrlctgd funds 2021 Total funds 2021 Total funds 2020 Contracts for charitsble services 521,251 521.251 526,433 Tolal 2020 526.433 526,433 Page 11
BLACKBURN & DISTRICT SUPPORTED HOUSING UMrrED (A c¢)mpany limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 CONTRACTS FOR CHARITABLE SERVICES 2021 2020 Local Authorities invoinl Housing benefit Residents. housekeeping contributions Care Housing Assoaalion fundiThJ 487.391 20,017 12.000 501.443 11.522 12.000 1.468 Total 521251 526.433 INVESTMENT INCOME unr9strfOd funds 2021 Total funds 2021 Total fvnds 2020 Bank interest 78 78 140 Total 2020 140 140 GOVERNANCE COSTS Unrestricted funds 2021 Total funds 2020 Accounlaney, bookkeeping and payTdl costs LELegal and Professional fees re legacy received in previous year Regulatory fees and subscriptions Bank charges 1.545 772 5.014 1,693 487 2.119 337 4.001 7,966 G0Veman costs for 2020 were for unr8stricted fuThJing. Page 12
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMrrED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 NET INCOMEIIEXPENDITURE) This is stated after chargiThJ.' 2021 2020 Depreciation of tangible fixed assets.. - owned by the chanty Independent examinerfs fee 2.675 1,545 3, 779 772 During the year, no Trustees received any remuneration12020- £NIL). During the year. no Ttustees received any benefits in kind12020- £NILI. During the year, no Trustees reiVed any reimbursement of expenses (2020 - £NIL). STAFF COSTS Staff costs were as follo.. 2021 2020 Wages and salaries Social security costs Other pension costs 381.157 29,485 19,589 382,426 29,126 18,900 430,231 430,452 The average number of persons employed by the (*aritable company during the year was as follows.. 2021 No. 21 2020 No. Care staff 21 No employee received rgmuneratir)n arrInting to mLYe than £60,(1 in either yeaT. Page 13
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMITED (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 TANGIBLE FIXED ASSETS Motor Vehicles COST Al 1 April 2020 and 31 March 2021 30.339 DEPRECIATION Al 1 April 2020 Charge for the year 24,989 2,675 Al 31 March 2021 27.664 NET BOOK VALUE At 31 March 2021 2,675 At 31 March 2020 5,350 DEBTORS 2021 2020 Other debtors and accrued in(x)me Prepayments 110.894 3,993 92,085 3,862 114,887 95,947 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Other tsxation and social security (see b&lowl Other CditOrS Accruals and income invotced in advanc* 6,744 3,084 4.961 22,352 14.008 5.027 14.789 41,387 OTHER TAXATION AND SOCIAL SECURrrY 2021 2020 PAYEINI control 6.744 22.352 Page 14
BLACKBURN & DISTRICT SUPPORTED HOUSING LIMrrED (A Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 11. CREDrroRS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2021 2020 Amount due to Mencap. BLgckbum & DislriGi Branth 29,396 29,396 Creditors indude amounts not wmly repaydble thIn 5 years as follows: 2021 2020 Repaydble other than by instalments 29.396 29,396 The amount ¢Jue lo Mencap comprises expendilvre on salaries and est8blishmenl cosls prior lo the full occupancy of the property. No date is set for repayThenL and repayment would only be expeGted should funds be available. 12. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balance at 31 Mar¢h 2021 Balance at 1 Aprll 2020 Income Expenditure UNRESTRICTED FUNDS General Funds 1.144392 648.276 (461,0621 1.331.606 STATEMENT OF FUNDS - PRIOR YEAR Balance at 37 March 2020 Balance at 1 Apn"12019 Incon Expendilur8 GENERAL FUNDS General Funds 1.079,506 526.573 (461,687) 1. 144.392 Page 15
BLACKBURN & DISTRICT SUPPORTED HOUSING UMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 SUMMARY OF FUNDS-CURRENTYEAR Balance at 31 March 2021 Balance at 1 Aprll 2020 Income Expendlture General funds 1.144.392 648,276 {461,0621 1,331,606 SUMMARY OF FUNDS- PRIOR YEAR Balanc& at 31 March 2020 Balancy at l Apnl 2019 Income Expendilure General funds 1.079.506 526,573 (461,687) t,t44,392 13. ANALYSIS OF NET ASSETS BEfwEEN FUNDS ANALYSIS OF NET ASSETS BEfwEEN FUNDS - CURRENT YEAR UnTestricted funds 2021 Tangible fixed assets Current 8ssels Creditors due within one year CdItorS due in more Ihan one year 2,675 1.373.116 {14,789) {29,396} 1,331,606 ANALYSIS OF NET ASSETS BETWEEN FUNDS- PFUOR YEAR Unrestricted funds 2020 Tangible fixed assets Cuffenl assets Credrtors due within one year Creditors due in more than one year 5,350 1,209,825 (41,387) (29,396) 1, 144.392 Page 16
8LACKBURN & DISTRICT SUPPORTED HOUSING LIMITED (A ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 14. PENSION COMMITMENTS The charitable company makes monlhly contributions into personal pension plans on bghalf of the employees. Any outstsnding amounts are shown in creil¥tors. 15. RELATED PARTY TRANSACTIONS During the year the chartiable company recor transactions with the following related paes. Tom Noone, a Tnjslee of Blackbum & District Supported Housing Ltd, was paid for the provision of management selvices lo the charitable company of £500. 16. CONTROLLING PAR The charitable cx)mpany is controlled bythe trustees named on page one. Page 17