##
##
##
##
##
##
##
##
||||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||F||F|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations|and legacies||||1,430||1,430|2,209|
|Charitable|activities||||||||
|Independent|living for|supported|recovery||908,536||908,536|1,101,651|
|Investment|income||||125||125|654|
|Total|||||910,091||910,091|1,104,514|
|EXPENDITURE ON|||||||||
|Raising funds|||||3,556||3,556|5,516|
|Charitable|activities||||||||
|Independent|living for|supported|recovery||858,297||858,297|947,930|
|Total|||||861,853||861,853|953,446|
|NET INCOME|||||48,238||48,238|151,068|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds|brought|forward|||1,385,751||1,385,751|1,234,683|
|TOTAL FUNDS CARRIED FORWARD|||||1,433,989||1,433,989|1,385,751|
##
##
||||||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|
##
##
##
##
##
##
##
|DONATIONS|AND LEGACIES|AND LEGACIES|||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
||||||||E|F|
|Donations|||||||1,430|2,209|
|INVESTMENT|INCOME||||||||
||||||||31.3.22|31.3.21|
|||||||||P|
|Deposit account interest|||||||125|654|
|INCOME FROM CHARITABLE|||ACTIVITIES||||||
||||||||31.3.22|31.3.21|
||||Activity||||||
|Rents receivable|||Independent|living|for supported|recovery|591,106|607,157|
|Supporting
people|||Independent|living|for supported|recovery|251,893|249,393|
|Syrian resettlement|||Independent|living|for supported|recovery|22,973|9,311|
|Rough sleeper|income||Independent|living|for supported|recovery|29,517|29,517|
|Grants|||Independent|living|for supported|recovery|6,307|13,772|
|JRS Furlough|Scheme Grant||Independent|living|for supported|recovery|6,740|10,668|
|Local authority|temporary||||||||
|accommodation|income||Independent|living|for supported|recovery||181,833|
||||||||908,536|1,101,651|
|Grants received,
included||in the|above, are as follows:||||||
||||||||31.3.22|31.3.21|
|Staff working
emergency||facility|||||6,740|252,759|
|Steve Morgan|Foundation|||||||13,772|
||||||||6,740|266,531|
##
##
##
|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|
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|||||E|E'||
|Unrestricted|funds||||||
|General
fund||||138,651|162,274|300,925|
|Fixed assets||||1,096,032|(11,206)|1,084,826|
|||||1,234,683|151,068|1,385,751|
|TOTAL FUNDS||||1,234,683|151,068|1,385,751|
|Comparative|net movement|in funds,|included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General
fund||||1,090,742|(928,468)|162,274|
|Fixed assets|||||(11,206)|(11,206)|
|||||1,090,742|(939,674)|151,068|
|Restricted funds|||||||
|Steve Morgan|Foundation|||13,772|(13,772)||
|TOTAL FUNDS||||1,104,514|(953,446)|151,068|
##
##
##
##
##
##
##
##