## ## ## ||||||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|