OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

PAGE
Members ofthe board and professional advisers
Trustees'
annual
report (incorporating		 the director's report)
independent
examiner's
report		 to the trustees
Statement offinancial
activities		 (including income and expenditure
account)
Statement offinancial
position		 10
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement
offinancial		 activities 2S
Notes to the detailed statement offinancial activities 27
The Whitehav The Whitehav en
Foyer
Company
limited		 by Guarantee
Members ofthe Board and Professional Advisers
Year ended 31December 2022
Registered charity name The Whitehaven Foyer
Charity registration number 1133633
Company registration number 07098916
Principal office and registered 441rish Street
office Whitehaven
Cumbria
CA28 7BY
Trustees Mr W Slawn
Mr R Norman
Mrs C II Eve
MsAJThorn
Ms S L Nicholson (Appointed 30January 2023)
Independent Examiner lan Scott BA(lions), FCA, DChA
12/13 Church Street
Whitehaven
Cumbria
CA28 7AY
Bankers National
Westminster		 Bank Pic
71Lowther Street
Whilehaven
Cumbria
CA28 7AII

2022 2021
Unrestncted Restricted
funds funds Total funds Total funds
Note E f f E
Income and endowments
Danations and legacies 5 541 24,918 25,459 28,435
Charitable
activities		 6 61,440 61,440 60,223
Other trading
activities		 7 10,910 10,910 8,229
Investment
income		 8 40,971 40,971 31,040
Other income 9 5,895 118 6,012 6,832
Total income 119,757 25,036 144,792 140,759
Expenditure
Expenditure
on raising funds:
Investment
costs		 10 23,511 23,511 20,019
Expenditure
on charitable		 activities 11,12 78,042 69,709 147,750 136,030
Total expenditure 101,553 69,709 171,261 156,049
Net expenditure
and net		 movement in funds 18,204 (44,673) (26,469) (15,290)
Recondliatlon
offunds
Total funds brought
f'arward		 151,122 2,365,965 2,517,087 2,532,377
Total funds carried forward 169,326 2,321,292 2,490,618 2,517,087

2022 2021
Note E E
FIXEDASSETS
Tangible fixed assets IS 2g303y761 2 354710
CURRENT ASSETS
Debtors 19 22,953 16,101
Cash at bank and in hand 285,145 27'1,487
308,098 287,588
CREDITDRSi amounts falling due within one year 20 (40,373) (42,516)
NET CURRENT ASSETS 267,725 245,072
TOTAL ASSETS LESSCURRENT LIABILITIES 2,571,486 2,599,782
CREDITORS: amounts falling due after more than one
year 21 (80,868) (82,695)
NET ASSETS 2,490,61S 2,517,087
FUNDS OF THE CHARITY
Restricted
funds		 2&321,292 2,365,965
Unrestricted
funds		 169,326 151,122
Total charity funds 24 2,490,618 2,517.087

Unrestricted Restricted Total Funds
Funds Funds 2022
E E E
DONATIONS
Donations 750 1,291
GRANTS
Tudoi Tiust
Other grants 24,168 24,168
Government grant income
541 24,918 25,459
Unrestricted Restricted Total Funds
Funds Funds 2021
f E E
DONATIONS
Donations 10,000 10,082
GRANTS
Tudor Trust 2,000 2,000
Other grants 7,565 7,565
Government grant income 8,788 8,788
8,870 19,565 28,435
CHARITABLE ACTIVITIES
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
E f f E
Rental income 46,267 46,267 43,351 43,351
Costs recovered from tenants 12,465 12,465 15,648 15,648
Room hire 2,708 2,708 1,224 1,224
61,440 61,440 60,223 60,223
OTHER TRADING ACTIVITIES
Unrestricted TotalFunds Unrestricted Total Funds
Funds 2022 Funds 2021
f f f E
Shop income 10,910 10,910 8,229 8,229

8. INVESTMENT INCOME
Unrestricted Total Funds Llnrestricted Tata l Funds
Funds 2022 Funds 2021
E f E E
Bank interest receivable 460 460 21 21
Rental income 17,000 17,000 17,000 17,000
Costs recovered from tenants 23,511 23,511 20,019 20,019
40,971 40,971 37,040 37,040
9. OTHER INCOME
Unrestricted Restncted Total Funcls
Funds Funds 2022
E E E
Other income 5,895 118 6,012
Unrestricted Restricted Total Funds
Funds Funds 2021
E E
Other income 6,647 185 6,832
10. INVESTMENT COSTS
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
6 E E
Premises costs recharged to tenants 23,511 23,511 20,019 20,019
11. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
Linrestricted Restricted Total Funds
Funds Funds 2022
E E E
Support costs 78,042 69,709 147,750
Unrestricted Restricted Total Funds
Funds Funds 2021
f f f
Support costs 54,652 81,378 136,030
12. EXPENDITURE ON CHARITABLE ACTIVITIES BYACTIVITY TYPE
fatal funds Total fund
Support costs 2022 2021
f E E
Yaung persons accommodation Ik associated facilities 147,750 147,750 136,030

13. ANALYSIS OF S UPPORT COSTS
Iritegrated
Service
Provision Total 2022 Total 2021
E E f
Staff costs 50,000 5D,DDD 45,774
Premises 75,004 75,004 78,747
Communications and IT 1,849 1,849 2,415
General office 16,896 16,896 5,443
Finance costs 4,001 4,001 3,651
147,750 147,750 136,030
14. NET EXPENDITURE
Net expenditure is stated after charging/(crediting):
2022 2021
E E
Depreciation oftangible fixed assets 50,949 50,613
15. INQEPENDEFIT EXAMINATION 'FEES
?02?. 2021
f E
Fees payable to the independent examiner for:
Independent examination ofthe financial statements 2,750 2,700
The total staff costs and employee benefits for the reporting period are analysed as follows:
2022 2021
F. E
44,776 40,697
3,534 3,304
1,690 1,773
50,0DO 45,774

Freehold Fixtures and
property fittings Equipment Total
E E E E
Cost or valuation
At 1January 2022 and 31December 2027 2,500,000 4,602 2,443 2,507,045
Depreciation
At 1January 2022 150,000 1,848 487 152,335
Charge for the year 50,000 461 488 50,949
At31December 2022 200,000 2,309 975 203,284
Carrying amount
At31December 2022 2,300,000 2,293 1,468 2,303,761
At 31December 2021 2,350,000 2,754 1,956 2,354,710

madel ar e as follows:
Freehold
property
E
At 31December 2022
Aggregate cost 3,372,195
Aggregate depreciation (393,503)
Carrying value 2,978,692
At 31December 2021
Aggregate cost 3,372,195
Aggregate depreciation (326,059j
Carrying value 3,046,136

19. DEBTORS
2022 2021
E
Trade debtors 17,978 13,542
Prepayments and accrued income 3,256 2,559
Other debtors 1,719
22,953 16,101
20. CREDITORS: amounts falling due within one year
2022 2021
f
Bank loans and overdrafts 2,219 2,950
Trade creditors 2p813 3,591
Accruals and deferred income 29,337 30,181
Social security and other taxes 1,833 1,263
Pension creditor 271 305
Other creditors 3,900 4,226
40,373 42,516
21. CREDITDRS: amounts falling due after mare than one year
2022 2021
E E
Bank loans and overdrafts 80,868 82,695

The am ounts recogni sed
in the financ		 ial stateme nts
for gove		 rnment
grants ar		 e as follows:
2022 2021
E 6
Recognised in income from donations and legacies:
Government grants income -Covid-19 funding 8,788
ANALYS IS OF CHARITABLE FUEIOS
Unrestricted funds
At
At 31December
1January 2022 Income Expenditure Transfers 2022
E E E E E
General funds 76,122 119,757 (101,553) 94,326
Capital Equipment
Replacement Fund 75,000 IS,000
151,122 119,757 (101,553) 169,326
At
At 31December
1January 2021 Income Expenditure Transfers 2021
E E E E E
General funds 54,784 121,009 (74,671) (25,000) 76,122
Capital Equipment
Replacement Fund 50,000 25,000 75,000
104,784 121,009 (74,671) 151,122

At
At 31December
1)anuary 2022
f		 Income
f		 Expenditure
E		 Transfers
f		 2022
f
Property Development
Fund 2,350,000 (50,000) 2,300,000
Service Provision 15,965 25,036 (19,709) 21,292
2,365,965 25,036 (69,7D9) 2,321,292
At
At 31December
1)anuary 2021 Income Expenditure Transfers 2021
f E f E E
Property Development
Fund 2,400,000 (50,000) 2,350,000
Service Provision 27,593 19,750 (31,378) 15,965
2,427,593 19,750 (S1,378) 2,365,965
The property development fund is far the canstructian of the Foyer Building, and includes capital grants
received fram Howgili Family Centre and Impact Housing Association
Limited		 (now part of The Riverside
Group). The service provision fund isfar general activities.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Llnrestricted Restncted Tatal Funds
Funds Funds 2022
f f f
Tangible fixed assets 1,941 2,301,820 2,303,761
Current assets 284,706 23,392 30S,098
Creditors less than 1year (34,234) (3,920) (38,154)
Creditors greater than 1year (83,087) (S3,087)
Net assets 169,326 2,321,292 2,490,618
Unrestricted Restricted Total Funds
Funds Funds 2D21
E f f
Tangible fixed assets 2,476 2,352,234 2,354,710
Current assets 269,937 17,651 287,58S
Creditors
less		 than 1year (38,596) (3,920) (42,516)
Creditors greater than 1year (82,695) (82,695)
Net assets 151,122 2,365,965 2,517,087

2022 2021
6 E
Income and endowments
Donations
and legacies
Donations 1,291 10,082
TudorTrust 2,000
Other grants 24,168 7,565
Government
grant income		 8,788
25,459 28,435
Charitable
activities
Rental income 46,267 43,351
Costs recovered from tenants 12,46S 15,648
Room hire 2,708 1,224
61,440 60,223
Other trading activities
Shop income 10,910 8,229
Investment
income
sank interest receivable 460 21
Rental income 17,000 17,000
Costs recovered from tenants 23,511 20,019
40,971 37,040
Other income
Other income 6,012 6,832
Total income 144,792 140,759

2022 2021
E f
Expenditure
Investment
rosts
Investments-
premises		 costs recharged to tenants 23,511 20,019
Expenditure
an charitable		 activities
Wages and salaries 44,776 40,697
Employer's
NIC		 3,534 3,304
Pension costs 1,690 1,773
Rates and water 4,917 4,533
Light and heat 8,480 7,538
Repairs and maintenance 3,412 S,934
Insurance 4,588 4,579
Legal and professional fees 2,175 337
Telephone 1,203 1,118
Other office casts 4,001 3,651
Depreciation 50,949 50,612
Other offic casts 10,783 2,10S
Computer
equipment		 646 1,297
Accountancy
and independent		 examination fees 2,750 2,700
Cleaning
and refuse		 2,658 2,550
Marketing
and website		 207 183
Training
and staff costs		 981 116
147,750 136,030
'ratal eXpenditure 171,261 156,049
Net expenditure (26,469) i15,290i

2022 2021
E E
Expenditure on charitable activities
young persons accommodation
&assodated
facilities
Support costs
Integrated Service Provision -wages/salaries 44,776 40,697
Integrated Service Provision -employer's
NIC		 3,534 3,304
Integrated Service Provision -pension
costs		 1,690 1,773
Integrated Service Provision -rates &water 4,917 4,533
Integrated Service Provision - light &heat 8,480 7,538
Integrated Service Provision -repairs &maintenance 3,412 8,934
Integrated Service Provision -insurance 4,58S 4,579
Integrated Service Provision - legal &professional fees 2,175 337
Integrated Service Provision -telephone
&internet		 1,203 1,118
Integrated Senrice Provision —bank charges &interest 4,0D1 3,651
Integrated Service Provision -depreciation 50,949 50,612
Integrated Service Provision —other office costs 1D,783 2,108
Integrated Service Provision - computer
equipment		 646 1,297
Integrated Service Provision —accountancy
&independent		 examination fees 2,750 2,700
Integrated Service Provision -cleaning
&refuse		 2,658 2,550
Integrated Service Provision —marketing
&website		 2D7 183
Integrated Service Provision - training &staff costs 981 116
147,750 136,030
Expenditure on charitable activities 147,750 136,030