2022-03-31-accounts - Bosco Society Ltd

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					31.3.22	31.3.21
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds	funds	funds E
FIXEDASSETS
Tangible assets		11	1,136,410		1,136,410	1,084,827
CURRENT ASSETS
Debtors		12	12,661		12,661	22,060
Cash at bank and	in hand		452,686		452,686	457,148
			465,347		465,347	479,208
CREDITORS
Amounts falling due within one year		13	(50,925)		(50,925)	(52,774)
NET CURRENT ASSETS			414,422		414,422	426,434
TOTAL ASSETS	LESSCURRENT LIABILITIES		1,550,832		1,550,832	1,511,261
CREDITORS
Amounts falling due after more than one year		14	(116,843)		(116,843)	(125,510)
NET ASSETS			1,433,989		1,433,989	1,385,751
FUNDS		18
Unrestricted funds					1,433,989	1,385,751
TOTAL FUNDS					1,433,989	1,385,751

						31.3.22	31.3.21
					Notes
Cash flows from	operating		activities
Cash generated from operations						73,964	171,894
Interest paid						(4,487)	(5,822)
Net cash provided	by operating activities					69,477	166,072
Cash flows from	investing		activities
Purchase oftangible fixed assets						(65,425)	(42,405)
Interest received						125	654
Net cash used in	investing	activities				(65,300)	(41,751)
Cash flows from	financing		activities
Loan repayments	in year					(8,639)	(7,733)
Net cash used in	financing	activities				(8,639)	(7,733)
Change in cash	and cash		equivalents	in
the reporting period						(4,462)	116,588
Cash and cash equivalents			atthe
beginning ofthe	reporting		period			457,148	340,560
Cash and cash equivalents			atthe end	of
the reporting period						452,686	457,148

RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	ACTIVITIES
						31.3.22	31.3.21
						E
Net income	for the	reporting			period (as per the Statement of Financial
Activities)						48,238	151,068
Adjustments	for:
Depreciation	charges					13,842	11,206
Interest received						(125)	(654)
Interest paid						4,487	5,822
Decrease/(increase)		in	debtors			9,399	(7,541)
(Decrease)/increase		in	creditors			(1,877)	11,993
Net cash provided		by	operations			73,964	171,894
ANALYSIS OF CHANGES				IN NET FUNDS
					At 1.4.21	Cash flow	At31.3.22
						F	F
Net cash
Cash at bank and in		hand			457,148	(4,462)	452,686
					457,148	(4,462)	452,686
Debt
Debts falling	due within		1 year		(8,611)	(28)	(8,639)
Debts falling	due after 1 year				(125,510)	8,667	(116,843)
					(134,121)	8,639	(125,482)
Total					323,027	4,177	327,204

Other trading activities	Other trading activities
			31.3.22	31.3.21
			F	F
Bad debts			3,556	5,516
CHARITABLE ACTIVITIES COSTS
				Direct
				Costs
				F
Independent	living for supported
recovery				858,297
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			31.3.22	31.3.21
			F	F
Depreciation	—owned assets		13,842	11,206
Hire of plant	and machinery		3,429	4,065
Other operating leases			98,898	85,156

STAFFCOSTS
				31.3.22	31.3.21
				F	F
Wages and salaries				522,203	604,479
Social security costs				40,970	44,299
Other pension costs				8,681	9,107
				571,854	657,885
The average monthly	number	ofemployees	during the year was as follows:
				31.3.22	31.3.21
Charitable activity staff				23	23

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	f	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2,209		2,209
Charitable activities
Independent living for supported		recovery	1,087,879	13,772	1,101,651
Investment income					654
Total			1,090,742	13,772	1,104,514
EXPENDITURE ON
Raising funds			5,516		5,516
Charitable activities
Independent living for supported		recovery	934,158	13,772	947,930
Total			939,674	13,772	953,446
NET INCOME			151,068		151,068
RECONCILIATION	OF FUNDS
Total funds brought	forward		1,234,683		1,234,683
TOTAL FUNDS CARRIED FORWARD			1,385,751		1,385,751
TANGIBLE FIXEDASSETS
			Fixtures
		Freehold	and	Computer
		property	fittings	equipment	Totals
				F
COST OR VALUATION
At 1 April 2021		1,040,001	71,298	8,539	1,119,838
Additions		25,917	38,679	829	65,425
At 31 March 2022		1,065,918	109,977	9,368	1,185,263
DEPRECIATION
At 1 April 2021			30,844	4,167	35,011
Charge foryear			12,856	986	13,842
At 31 March 2022			43,700	5,153	48,853
NET BOOK VALUE
At 31 March 2022		1,065,918	66,277	4,215	1,136,410
At 31 March 2021		1,040,001	40,454	4,372	1,084,827

								Fixtures
							Freehold	and	Computer
							property	fittings	equipment	Totals
								E		E
	Valuation in 2021						(1,084,967 )			(1,084,967)
	Valuation in 2022						25,917			25,917
	Cost						2,124,968	109,977	9,368	2,244,313
							1,065,918	109,977	9,368	1,185,263
12.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
									31.3.22	31.3.21
	Rent debtors								7,844	15,128
	Other debtors								160	2,024
	Prepayments	and accrued			income				4,657	4,908
									12„661	22,060
13.	CREDITORS:	AMOUNTS			FALLING DUE WITHIN		ONE YEAR
									31.3.22	31.3.21
									E
	Bank loans and overdrafls				(see note 15)				8,639	8,611
	Trade creditors								3,047	2,768
	Social security	and other		taxes					11,241	12,132
	Pension								2,062
	Other creditors								23,041	23,041
	Net wage control									462
	Accruals and deferred		income						2,895	5,760
									50,925	52,774
14.	CREDITORS:	AMOUNTS			FALLING DUE AFTER		MORE THAN ONE YEAR
									31.3.22	31.3.21
	Bank loans (see note		15)						116,843	125,510
15.	LOANS
	An analysis of	the maturity			of	loans is given below:
									31.3.22	31.3.21
										F
	Amounts falling due within				one year on demand:
	Bank loans								8,639	8,611
	Amounts falling between Bank loans -1-2years			one		and two years:			9,156	18,257
	Amounts falling due between					two and five years:
	Bank loans - 2-5years								29,702	30,187

LOANS - con	tinued
										31.3.22	31.3.21
											E
Amounts falling due in more than				five years:
Repayable by instalments:
Bank loans more 5 yr by			instal							77,985	77,066
LEASING AGREEMENTS
Minimum lease payments			under	non-cancellable		operating	leases fall due as follows:
										31.3.22	31.3.21
										E
Within one year										78,000	78,000
Between one	and five years									214,500	234,000
In more than	five years										58,500
										292,500	370,500
SECURED DEBTS
The following	secured debts are			included	within creditors:
										31.3.22	31.3.21
Bank loans										125,482	134,121
The bank loan is secured			by a fixed charge over			the property		known	as 59/61 Meiton	Road.
MOVEMENT	IN FUNDS
									Net	Transfers
									movement	between	At
						At 1.4.21			in funds	funds	31.3.22
									F	F
Unrestricted	funds
General fund						345,750			48,238	(25,917)	368,071
Fixed assets						1,040,001				25,917	1,065,918
						1,385,751			48,238		1,433,989
TOTAL FUNDS						1,385,751			48,238		1,433,989
Net movement	in funds,	included		in the above are as follows:
									Incoming	Resources	Movement
									resources	expended	in funds
									F		F
Unrestricted	funds
General fund									910,091	(861,853)	48,238
TOTAL FUNDS									910,091	(861,853)	48,238