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|Trustees Report||1 to 13|
|---|---|---|
|Statement
ofTrustees'|Responsibilities|14|
|Independent
Auditors'|Report|15to 19|
|Statement
of Financial|Activities|20 to 21|
|Balance Sheet||22|
|Statement
of Cash Flows||23|
|Notes to the Financial|Statements|24 to 43|
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|Reference and|Reference and|Administrative
Details|Administrative
Details|Administrative
Details|
|---|---|---|---|---|
|Trustees||||Mr Gareth Bray|
|||||Mr Hugh
Hedderly|
|||||Mr Timothy Charles Styles|
|||||Mr Roger Michael Varney|
|||||Mrs Janet Varney|
|||||Mr William
Horton|
|||||Mr Mark Steer Chairman|
|||||Miss Judith Cross|
|||||Miss Bimini Love|
|||||Mr Kevin Prinsloo|
|||||Mrs Elaine Roberts|
|Secretary||||Mr Malcolm
Putko|
|Principal|Office|||81 Truro Road|
|||||St Austell|
|||||Cornwall|
|||||PL25 5JQ|
|Registered|Office|||81 Truro Road|
|||||StAustell|
|||||Cornwall|
|||||PL25 5JQ|
|Company|Registration||Number|6725642|
|Charity Registration||Number||1131438|
|Bankers||||CAF Bank Limited|
|||||25 Kings
Hill Avenue|
|||||Kings
Hill|
|||||West Mailing|
|||||ME194JQ|
|Auditor||||PKF Francis Clark|
|||||Lowin House|
|||||Tregolls Road|
|||||Truro|
|||||Cornwall|
|||||TR1 2NA|
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|449 people (23.83%female) were referred to us for an assessment.|
|---|
|18-24yea( olds made up 12.92%of referrals, 25-40 peat' olds made up 40.76%,41-|
|55 year olds made up 29.84%and those 56+ made up16.48%.|
|57.46%of referrals
identified
themselves
as White British, 0.67%a Black, Asian or|
|Mixed Ethnicity and 41.87%did not disclose their ethnicity.|
|Over the year the total supported
was259 with 66(25.48%) being female.|
|We were unable to support190 applicants
ofwhich 105(55.26%)were female|
|For a variety ofreasons 248 people left the service over the year.|
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|(Including
Inc|ome a|nd Expe|nditure
Acc|ount)|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Note|fundsf|fundsf|2022|2021|
|Income and Endowments||from:|||||
|Donations
and legacies||2|4,127|203,110|207,237|200,171|
|Charitable
activities||3|2,939,570|236,405|3,175,975|2,283,890|
|Investment
income||4|833||833|494|
|Other trading
income|||261||261|195|
|Total Income|||2,944,791|439,515|3,384,306|2,484,750|
|Expenditure
on:|||||||
|Raising funds|||(6,464)||(6,464)|(17,103)|
|Charitable
activities|||(2,226,094)|(339,594)|(2,565,688)|(1,980,601)|
|Total Expenditure|||(2,232,558)|(339,594)|(2,572,152)|(1,997,704)|
|Net income|||712,233|99,921|812,154|487,046|
|Transfers
between|funds||(45,395)|45,395|||
|Other recognised|gains and losses||||||
|Net movement
in funds|||666,838|145,316|812,154|487,046|
|Reconciliation
of|funds||||||
|Total funds brought|forward||2,209,941|93,768|2,303,709|1,816,663|
|Total funds carried|forward|17|2,876,779|239,084|3,115,863|2,303,709|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|2021|
||||F|||
|Income and Endowments||from:||||
|Donations
and legacies|||1,840|198,331|200,171|
|Charitable
activities|||2,218,390|65,500|2,283,890|
|Investment
income|||494||494|
|Other trading
income|||195||195|
|Total Income|||2,220,919|263,831|2,484,750|
|Expenditure
on:||||||
|Raising funds|||(17,103)||(17,103)|
|Charitable
activities|||(1,788,458)|(192,143)|(1,980,601)|
|Total Expenditure|||(1,805,561)|(192,143)|(1,997,704)|
|Net income|||415,358|71,688|487,046|
|Transfers
between|funds||(13,125)|13,125||
|Net movement
in funds|||402,233|84,813|487,046|
|Reconciliation
of|funds|||||
|Total funds brought|forward||1,807,708|8,955|1,816,663|
|Total funds carried|forward||2,209,941|93,768|2,303,709|
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|Balance|Shee|t|as a|t 31 March 2022||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Note|||
|Fixed assets||||||||
|Tangible assets
Investments|||||9
10|2,592,995
100|2,338,885
100|
|||||||2,593,095|2,338,985|
|Current assets||||||||
|Debtors||||||153,490|193,707|
|Cash at bank|and|in hand||||940,405|426,325|
|||||||1,093,895|620,032|
|Creditors: Amounts|||falling due within one year||12|(105,253)|(146,201)|
|Net current|assets|||||988,642|473,831|
|Total assets|less|current||liabilities||3,581,737|2,812,816|
|Creditors: Amounts|||falling due after more than one year||13|(465,874)|(509,107)|
|Net assets||||||3,115,863|2,303,709|
|Funds ofthe charity:||||||||
|Restricted income funds||||||||
|Restricted funds||||||239,084|93,768|
|Unrestricted|income||funds|||||
|Unrestricted|funds|||||2,876,779|2,209,941|
|Total funds|||||17|3,115,863|2,303,709|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Note|F||
|Cash flows from operating|activities|||||
|Net cash income||||812,154|487,046|
|Adjustments
to cash flows|from non-cash|items||||
|Depreciation||||127,054|117,400|
|Investment
income||||(833)|(494)|
|||||938,375|603,952|
|Working capital adjustments||||||
|Decrease/(increase)
in debtors|||11|40,217|(106,374)|
|(Decrease)/increase
in creditors|||12|(16,712)|29,295|
|Decrease
in deferred
income|||12|(25,902)|(16,682)|
|Net cash flows from operating|activities|||935,978|510,191|
|Cash flows from investing
activities||||||
|Interest receivable
and similar|income|||833|494|
|Purchase oftangible
fixed assets||||(381,164)|(470,387)|
|Net cash flows from investing|activities|||(380,331)|(469,893)|
|Cash flows from financing
activities||||||
|Repayment
of loans and borrowings|||12|(41,567)|(40,373)|
|Net increase/(decrease)
in cash and cash equivalents||||514,080|(75)|
|Cash and cash equivalents
at|1 April|||426,325|426,400|
|Cash and cash equivalents
at|31 March|||940,405|426,325|
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2022|2021|
||||||'E|||F|
|Donations|and|Legacies;|||||||
|Donations|||||4,127||4,127|4,741|
|Grants,
including|||capital|grants;|||||
|Government||grants||||203,110|203,110|195,430|
||||||4,127|203,110|207,237|200,171|
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|3|Income|from charitable
activities||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|2022|
||||K||F|
||Room Rental income||1,774,603||1,774,603|
||Electricity|&phone fees|4,976||4,976|
||Government
grants|||236,405|236,405|
||Empowering
independence||774,310||774,310|
||Outreach|services|324,871||324,871|
||Harbour|Firesafe income|37,470||37,470|
||Insurance|claim proceeds|23,340||23,340|
||||2,939,570|236,405|3,175,975|
||||Unrestricted|Restricted|Total|
||||funds|funds|2021|
||||F||F|
||Room Rental income||1,565,860||1,565,860|
||Electricity &phone fees||5,663||5,663|
||Infection|control|20,500||20,500|
||Complex|Needs Support|75,475||75,475|
||Government
grants||487,373||487,373|
||Empowering
independence||61,049|45,000|106,049|
||Harbour|Firesafe income|22,970||22,970|
||||2,238,890|45,000|2,283,890|
|4|Investment
income|||||
||||Unrestricted|Total|Total|
||||funds|2022|2021|
||||F|||
|Interest receivable
and similar income;||||||
||Interest|on cash deposits|833|833|494|
##
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||Activity|||
|---|---|---|---|
||undertaken|Total|Total|
||directly|2022|2021|
||||F|
|Staff Costs|1,096,589|1,096,589|744,335|
|Resident Tenancy Sustainment|28,389|28,389|28,420|
|Outreach
expenditure|161,386|161,386||
|Rent|378,479|378,479|372,864|
|Advertising|21,719|21,719||
|Rates|48,898|48,898|43,288|
|Light 8 Heat|46,216|46,216|55,421|
|insurance|64,731|64,731|43,836|
|Consumables|3,013|3,013|2,706|
|Repairs 8 Maintenance|147,974|147,974|156,481|
|Security Costs|191,097|191,097|213,975|
|Cleaning|57,789|57,789|47,307|
|Telephone
& Internet|28,918|28,918|13,437|
|Staff Entertainment|7,288|7,288||
|Other Expenditure|52,027|52,027|44,848|
|Travel Expenses|54,542|54,542|46,614|
|Bad Debts|10,602|10,602|12,299|
|Loan Interest|18,243|18,243|19,207|
|Bank Charges|341|341|59|
|Depreciation|127,052|127,052|117,400|
|Accountancy|6,770|6,770|4,734|
|Audit fees|3,358|3,358|3,414|
|Legal and professional|10,267|10,267|9,956|
||2,565,688|2,565,688|1,980,601|
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|7
Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2022f|2021f|
|Staff costs during the year were:|||
|Wages and salaries|982,652|675,948|
|Social security costs|77,428|53,147|
|Pension costs|36,644|23,670|
|Staff training|6,328|4,976|
||1,103,052|757,741|
|charit|y during|the|year expressed as full time equivalen|ts
was as follows:|
|---|---|---|---|---|
|||||2022|
|||||No|
|Total|Number|of|Employee's|44|
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|9
Tangible fixed a|ssets|||||
|---|---|---|---|---|---|
||Freehold and|Short||||
||long|leasehold|Fixtures,|||
||leasehold|property|fittings and|Motor||
||property|improvements|equipment|vehicles|Total|
|Cost||||||
|At 1 April 2021|1,824,441|899,562|167,637|74,437|2,966,077|
|Additions|273,874|34|85,066|22,190|381,164|
|At 31 March 2022|2,098,315|899,596|252,703|96,627|3,347,241|
|Depreciation||||||
|At 1 April 2021|15,040|471,720|112,976|27,456|627,192|
|Charge for the||||||
|year||82,649|24,784|19,621|127,054|
|At 31 March 2022|15,040|554,369|137,760|47,077|754,246|
|Net book value||||||
|At 31 March 2022|2,083,275|345,227|114,943|49,550|2,592,995|
|At 31 March 2021|1,809,401|427,842|54,661|46,981|2,338,885|
##
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|10Fixed asset investments|||
|---|---|---|
||2020|2021|
|||f.|
|Shares
in group undertakings|100|100|
|Shares in group undertakings|||
||Subsidiary||
||undertakings|Total|
|Cost|||
|At 1 April 2021|100|100|
|At 31 March 2022|100|100|
|Net book value|||
|At 31 March 2022|100|100|
|At 31 March 2021|100|100|
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|||Country|of|||Proportion|ofvoting|Principal|
|---|---|---|---|---|---|---|---|---|
|Undertaking||incorporation||Holding||rights and|shares held|activity|
|||||||2022|2021||
|Subsidiary|undertakings||||||||
|Harbour
Housing
Limited||England|8 Wales|Ordinary
shares|E1||100%|Dormant|
##
|11 Debtors|||
|---|---|---|
|||2021|
||2022|(Reallocated)f|
|Trade debtors|41,369|116,931|
|Prepayments|23,693|10,073|
|Accrued income|88,428|66,703|
||153,490|193,707|
##
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|12Creditors:|amounts
falling due within one year|||
|---|---|---|---|
|||2022f|2021f|
|Bank loans||43,177|41,511|
|Trade creditors||45,276|43,431|
|Due to group undertakings||100|100|
|Other taxation|and social security|6,497|18,115|
|Accruals||10,203|17,142|
|Deferred income|||25,902|
|||105,253|146,201|
|Due to group undertakings
Other taxation
and social security
Accruals
Deferred income||||100
6,497
10,203
105,253
100
18,115
17,142
25,902
146,201|
|---|---|---|---|---|
|The company
has given a legal|charge over properties|at 22 Bodmin||Road, 79 Truro Road and 28|
|Penwinnick
Road as a security
in|respect of bank loans|due within|and|over one year.|
|||||2020|
|Deferred income at 1 April 2021||||25,902|
|Resources deferred
in the period|||||
|Amounts
released
from previous|periods|||(25,902)|
|Deferred income at 31 March 2022|||||
##
|Includ|ed
in|the|credi|tors a|re t|he following
amounts
due aft|er more than five years:||
|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021f|
|After|more|than|five|years|by|instalments|278,014|327,428|
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|The total value offuture
minimum
lease paym|ents
was as follows:||
|---|---|---|
||2022|2021|
|||F|
|Within one year|305,140|291,148|
|In two to five years|1,204,399|1,151,842|
|In over five years|9,458,717|9,256,722|
||10,968,256|10,699,712|
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|17Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April|Incoming|Resources||31 March|
|||2021|resources|expended|Transfers|2022|
|Unrestricted
funds|||||||
|General|||||||
|Unrestricted
income|fund|1,857,941|2,944,791|(2,232,558)|(69,395)|2,500,779|
|Designated|||||||
|Redevelopment
fund||100,000|||12,000|112,000|
|Cyclical operation
fund||62,000|||12,000|74,000|
|Strategic reserve fund||145,000||||145,000|
|Restructuring
fund||45,000||||45,000|
|||352,000|||24,000|376,000|
|Total unrestricted
funds||2,209,941|2,944,791|(2,232,558)|(45,395)|2,876,779|
|Restricted funds|||||||
|Community
work||3,533|||(3,533)||
|INCIST||6,649||(6,649)|||
|Sport England||585||(232)|(353)||
|Other restricted
funds||(2,979)|||2,979||
|Nationwide
Landlord|||||||
|Incentive Scheme||20,678||(15,202)|(4,881)|595|
|Winter Transformation|||||||
|Fund||7,440||(6,991)||449|
|Awards for all||5,231||(5,398)|167||
|MHLG Covid-19|||||||
|Homelessness
response|||||||
|fund||33,358||(4,813)||28,545|
|Morrisons
Covid-19|||||||
|support||577|||(577)||
|Domestic abuse support
fund||7,338||(2,435)||4,903|
|Covid-19 Crowdfunder||1,800|||(1,800)||
|CCF van purchase
repairs|and|9,558||(5,450)||4,108|
|Infection control|||4,420|(4,420)|||
|DHSC Out of Hospital|||236,405|(285,448)|49,043||
|Cosgarne accessibilty
improvements|||19,190|(32)||19,158|
##
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|Notes to|the Financi|al Statements|for the Y|ear Ended|31 March|2022|
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April|Incoming|Resources||31 March|
|||2021|resources
f|expended|Transfers|2022|
|Little Cosgarne|||||||
|improvements|||97,500|||97,500|
|Clinically|Extremely||||||
|Vulnerable|||82,000|(2,524)||79,476|
|Move on|||||4,350|4,350|
|Total restricted funds||93,768|439,515|(339,594)|45,395|239,084|
|Total funds||2,303,709|3,384,306|(2,572,152)||3,115,863|
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|Notes to the Fi|n|ancial|Statements|for the|Year Ended|31 March|2022|
|---|---|---|---|---|---|---|---|
||||Balance at||||Balance at|
||||1 April|Incoming|Resources||31 March|
||||2020f|resources|expended|Transfersf|2021f|
|Unrestricted
funds||||||||
|General||||||||
|Unrestricted
income||fund|1,538,708|2,220,919|(1,805,561)|(96,125)|1,857,941|
|Designated||||||||
|Redevelopment
fund|||64,000|||36,000|100,000|
|Cyclical operation|fund||50,000|||12,000|62,000|
|Strategic reserve fund|||145,000||||145,000|
|Restructuring
fund|||10,000|||35,000|45,000|
||||269,000|||83,000|352,000|
|Total unrestricted
funds|||1,807,708|2,220,919|(1,805,561)|(13,125)|2,209,941|
|Restricted||||||||
|Tenancy sustainment||||3,000||(3,000)||
|Community
work|||3,533||||3,533|
|INCIST|||3,649|||3,000|6,649|
|Sport England|||585||||585|
|Other restricted
funds|||1,188|1,101|(5,293)|25|(2,979)|
|Escaping Violence|and|||||||
|Abuse||||55,000|(55,000)|||
|Nationwide
Landlord||||||||
|Incentive Scheme||||45,000|(33,422)|9,100|20,678|
|Winter Transformation||||||||
|Fund||||25,000|(17,560)||7,440|
|Awards
for all||||9,698|(4,467)||5,231|
|MHLG Covid-19||||||||
|Homelessness
response||||||||
|fund||||72,281|(38,923)||33,358|
|Morrisons
Covid-19||||||||
|support||||2,000|(1,423)||577|
|Domestic abuse support||||||||
|fund||||18,451|(11,113)||7,338|
|Covid-19 Crowdfunder||||1,800|||1,800|
|CCF van purchase
repairs||and||10,000|(4,442)|4,000|9,558|
|Infection control||||20,500|(20,500)|||
|Total restricted
funds|||8,955|263,831|(192,143)|13,125|93,768|
##
##
|Not|es to the Fin|ancial Statement|s
for the|Year Ended|31 March|2022|
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April|Incoming|Resources||31 March|
|||2020|resources|expended|Transfers|2021|
|Total|funds|1,816,663|2,484,750|(1,997,704)||2,303,709|
##
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|18Analysis
of net assets betwe|en funds||||
|---|---|---|---|---|
|Year ended 31 March 2022|General Funds|Designated
Funds|Restricted
Funds|Total Funds|
|Tangible fixed assets|2,440,484||152,511|2,592,995|
|Fixed asset investments|100|||100|
|Current assets|631,322|376,000|86,573|1,093,895|
|Current
liabilities|(105,253)|||(105,253)|
|Creditors
over 1 year|(465,874)|||(465,874)|
|Total net assets|2,500,779|376,000|239,084|3,115,863|
|Year ended 31 March 2021|General Funds|Designated
Funds|Restricted
Funds|Total Funds|
|Tangible fixed assets|2,290,865||48,020|2,338,885|
|Fixed asset investments|100|||100|
|Current assets|222,282|352,000|45,748|620,032|
|Current
liabilities|(146,201)|||(146,201)|
|Creditors
over 1 year|(509,107)|||(509,107)|
|Total net assets|1,857,941|352,000|93,768|2,303,709|
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