## One Community Gloucester
Report and Accounts Year ended 31 December 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **ONE COMMUNITY GLOUCESTER**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **COMPANY INFORMATION**
**Directors/Trustees** I Andrews J Hubbard (appointed 20 June 2023) Rev S A Jarvis K P Martin (resigned 1 June 2023) O Opaleye N Pettifer C G Williams **Company Secretary** E Rich Memorandum and Articles of Association Sept 2009 as **Governing Document** amended by special resolution dated 24 May 2010 **Company Registration Number** 07034027 (England and Wales) **Charity Registration Number** 1137837 **Registered Office** c/o One Church off Baneberry Road Gloucester GL4 6NY **Independent Examiner** Ajay Rajani FCIE Stewardship 1 Lamb's Passage London, EC1Y 8AB **Bankers** Co-operative Bank Plc
## **CONTENTS**
||Page|
|---|---|
|Company Information|1|
|Directors' Report|2 - 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Accounts|10 - 13|
|Detailed Statement of Financial Activities with Comparatives|14|
Page 1
## **ONE COMMUNITY GLOUCESTER**
## **REPORT OF THE DIRECTORS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
The directors, who are the charity's trustees for the purposes of charity law, have pleasure in submitting the Report and Accounts for the year.
## **Governing document**
One Community Gloucester is a company limited by guarantee and a registered charity. It is governed by its Memorandum and Articles of Association. The company was incorporated on 29th September 2009 and was granted charitable status on 7th September 2010.
## **Objectives of the charity**
The objectives of One Community Gloucester are to provide public benefit in the following ways:
(a) to prevent or relieve poverty in such ways or in such parts of the UK or the world as the directors may from time to time think fit.
(b) to advance education in such ways and in such parts of the UK or the world as the directors may from time to time think fit.
(c) to advance citizenship and community development in such ways and in such parts of the United Kingdom as the directors may from time to time think fit.
(d) to relieve those in need by reason of youth, age, ill-heath, disability, financial hardship or other disadvantage in such ways and in such parts of the United Kingdom or the world as the directors may from time to time think fit.
(e) to advance health and saving of lives in such ways and in such parts of the UK or the world as the directors may from time to time think fit.
(f) to provide advice and support to those in need in connection with (but not without limitation) interpersonal relationships, bereavement, employment and training, housing, health and financial matters.
(g) to further such other purposes that are recognised as charitable under the laws of England and Wales and any new charitable purposes which are similar to another charitable purpose as the directors see fit from time to time.
## **Summary of the charity's main activities and achievements**
One Community Gloucester is a Christian-based charity. It is a charitable arm of One Church and was established in 2010 to help meet local, national and international needs.
To further the above objectives and vision, the charity offers supported housing to vulnerable women in the local community. The charity's main activities and achievements were as follows:
## **One Church Housing**
This year we focused heavily on resident care and continuing the investment into sustainability of the project in preparation for the transition of Housing Manager in 2023. Due to it being a transition year, there have been times of discussion and reflection on the current project regarding the residents and relationships with referrers. It has given us opportunities to create new processes and build new contacts.
Page 2
## **ONE COMMUNITY GLOUCESTER**
## **REPORT OF THE DIRECTORS continued**
Our greatest success was seeing all three residents who left graduating from the house into a more independent form of housing.
Another resident is continuing their journey in the house and is fully engaged in the programme. The resident is currently completing a college course.
There were challenges this year, especially in providing resident care in response to crisis. We have been diligent in signposting to professional services and working with all residents in their individual care plans and goals.
We held a recruitment drive in One Church Gloucester and recruited 2 additional members to the volunteer care team; one to support with mentoring and one to support with the house socials for the residents. This now means we have a team of 4 trained mentors, 2 team members supporting socials and 1 volunteer delivering relaxation and mindfulness. We intend on making recruitment drives and training inductions a regular event.
We introduced more rigorous screening (through OC safeguarding and recruiting systems) and training, as volunteers are less likely to be known to us.
The increase in income from housing benefit has helped us increase staffing and we were able to recruit a paid administrator for a few hours a week to support the manager.
Monthly supervision and training nights were implemented for the team, which includes opportunities to reflect on current residents, their care and needs.
An experienced volunteer is now helping every Friday afternoon to support the long-term development of the housing project.
## **Challenges**
- Developing a sustainable model that provides excellent quality care for residents that transitions residents towards independent living, while also protecting staff and volunteers' personal boundaries and availability. We have withdrawn the 24-hour emergency number and introduced protocols with residents so that they are aware of what to do in different circumstances.
- Our income (principally housing benefit) only allows us to employ a few staff and consequently we are reliant on volunteers for much of the care we provide. The residents often present with complex and at times stressful issues during house meetings, both personally and through the house dynamics of living together, which needs time and support to resolve. They will also reach out for additional support from staff when they are struggling, such as with mental health, finances, or recovery issues.
- Residents are required to meet a high threshold of need to be eligible for ESA housing benefit (probation, recent addiction, domestic abuse and/ or homelessness), yet we need residents to be able to live semi-independently as our support is delivered through several contact points in the week. At times, residents may present with additional needs beyond their initial referral and they then need more support than we can offer at present. This can be common as residents feel safer from their trauma, and so their mental or physical health may deteriorate as they begin to process what they went though. Finding more suitable accommodation for their level of need, when there is so little supported housing at this level, or moving on to independent living, can be difficult.
- Our referrers are now wider but remain limited while we have a small number of bed spaces. Due to our model and working hours, we also cannot transition new residents in quickly, so we are not always suitable.
Due to the costs we need to incur to provide our service, we successfully applied for a small increase to our Housing Benefit rate. This allowed us increase the hours worked by our Housing Manager and continue with our employment of a part time administrator (who started with us last year). We could also use contractors to undertake some essential repairs.
Page 3
## **ONE COMMUNITY GLOUCESTER**
## **REPORT OF THE DIRECTORS continued**
We have enjoyed a period of relative occupancy stability across the majority of 2022, housing either 3 or 4 residents, with an overall occupancy rate of 85%, and with most residents staying for longer periods of time and so able to access more help and support.
Through 2022, we have housed a total of 5 residents and had 5 enquiries. As we now have an initial discussion call when we receive an enquiry, we are only receiving referrals when we have spaces and enquiries are more likely to be successful.
Although our occupancy has been a little lower than ideal, current underspend on the upkeep of the house has meant we have not needed additional funds. We are also in the position to be able to use contractors for more maintenance work rather than be reliant on volunteers, although we do always try to recruit volunteers first if appropriate.
## **Statistics**
|**Statistics**|||||
|---|---|---|---|---|
||**Referrer**|**Housed**
**(to end of 2022)**|**Successes**|**Current Status**|
|**Resident A**|Teen
Challenge|10 months|Attending church,
currently completing
college course|Currently still being
housed.|
|**Resident B**|Teen
Challenge|3 months|Volunteering
opportunities at
Emmaus. Attending
church.|Currently still being
housed.|
|**Resident C**|Nelson’s Trust|24 months|Building relationships
with family. Meaningful
hours being
completed.|Moved onto
independent living.|
|**Resident D**|Eastwood
Park Prison|11 months|Learning to
communicate with
others, volunteering|Notice to quit. Moved
onto independent
living.|
|**Resident E**|Green
Pastures|3 months|Relationship building
with family and adults.|Moved onto
independent living.|
## **Measurable Outcomes for 2022**
|**Measurable Outcomes for 2022**||
|---|---|
|**OUTCOME**|**NUMBER OF RESIDENTS**|
|Residents who found work|1|
|Residents actively engaged in their support plan|5|
|Residents engaged in some meaningful activity|4|
|Residents who are abstinent from their addiction|2|
|Residents accessing further education|1|
## **Looking forward**
The need to develop sustainability across the project is significant, both for now and its future. We are seeking guidance from external providers and Green Pastures, to further develop sustainability, while supporting staff and volunteer well-being. Continuing to recruit, train and look after our team will remain a focus. As a management team, we are planning steps towards change and seeking to develop flow across our workload to increase capacity for strategic development.
We still need to develop sustainability within team and recruit additional volunteers before this is a viable option however, and we need to continue to develop our referral pathways and tracking systems.
In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Page 4
## **ONE COMMUNITY GLOUCESTER**
## **REPORT OF THE DIRECTORS continued**
## **Structure, Governance and Management**
Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees/directors who meet regularly to monitor the activities of the charity.
Responsibility for the day to day operation of the charity has been delegated to a senior management team led by Eddie Rich and the Housing Manager.
New trustees are recruited and appointed by the existing trustees, by a majority vote.
## **Financial review**
During the year income increased by £847 to £44,060, and expenditure increased by £7,603 to £43,205.
Most of our income comes from the housing benefit we receive in respect of our various residents. During 2022 we received housing benefit of £41,948 (2021: £40,325); at full occupancy we would have received £49,290.
As a result of a small increase in the housing benefit rate, our income has covered our expenses and we have not needed any financial support from One Church this year.
This year’s increase in expenditure was mainly due to an increase of £3,958 in staff costs (we could pay our Housing manger for more hours and this was the first full year of employment for a part time administrator) and we spent an additional £3,172 on the property (mainly on maintenance).
Overall the surplus for the year was £855 (2021: £7,611) and the charity's net assets increased by £855 to £26,021. Net assets include cash of £28,495, nearly all of which is unrestricted.
## **Going concern**
The trustees, having reviewed all financial and other obligations expect the charity to continue to operate as normal for the foreseeable future.
One Church remains fully supportive of the project and together we will continue to review on-going viability.
## **Reserves policy**
The trustees/directors have determined that the charity should aim to hold unrestricted cash of no less than £10,000, which equates to about 3 months of expenditure so that the charity could continue to operate should income and /or expenditure vary adversely. At the year end, the charity held unrestricted cash of £28,490 and the charity is complying with its reserves policy. The trustees anticipate that some of these reserves will be used in 2023 as the charity makes the transition to a new housing manager.
## **Key risks and uncertainties**
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Some of these risks have been mitigated by ensuring that appropriate insurance is in place. The charity also undertakes a careful review of all proposed contracts and evaluates any related risks. An annual review of all areas of risk is undertaken by the trustees/directors in conjunction with staff and volunteers.
Page 5
## **ONE COMMUNITY GLOUCESTER**
## **REPORT OF THE DIRECTORS continued**
In the past a major risk has been the housing project's financial viability however the recent increases in income and the accumulation of some reserves has helped reduce this risk and the project is now believed to be on a sound financial footing.
## **Future Plans**
The key strategies for the charity are as stated above. The Trustees/directors continue to review future strategic requirements.
## **Public Benefit**
The Trustees have considered the requirements of the Charities Act to ensure that the Charity meets its obligations in respect of Public Benefit. The Trustees believe that the above report demonstrates the Charity’s commitment to the community in which it is based, its achievements during the year and its future plans. This in their opinion satisfies the requirement of Public Benefit.
## **Responsibilities of trustees under company law**
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:
## **I Andrews**
## **…………………………………………………**
I Andrews - director and trustee
Date: 21 September 2023
Page 6
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **ONE COMMUNITY GLOUCESTER**
## **('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022 on pages 8 to 14 following, which have been prepared on the basis of the accounting policies set out on pages 10 and 11.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Ajay Rajani**
Ajay Rajani FCIE Stewardship 1 Lamb's Passage London, EC1Y 8AB
Date: 22 September 2023
Page 7
## **ONE COMMUNITY GLOUCESTER**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**INCOME AND ENDOWMENTS FROM**
Donations and Grants
3
Charitable activities
4
**Total income and endowments**
**EXPENDITURE ON**
Charitable activities
5
**Total expenditure**
**Net income/(expenditure)**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
10|Unrestricted
Funds
£
-
43,934
43,934
43,081
43,081
853
-
853
25,163
26,016|Restricted
Funds
£
126
-
126
123
123
2
-
2
3
5|Total
Funds
2022
£
126
43,934
44,060
43,205
43,205
855
-
855
25,166
26,021|Total
Funds
2021
£
200
43,012|
|---|---|---|---|---|
|||||43,212|
|||||35,602|
|||||35,602|
||||||
|||||7,611
-|
|||||7,611
17,555|
|||||25,166|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.
The notes on pages 10 to 14 form part of these accounts.
Page 8
## **ONE COMMUNITY GLOUCESTER**
## **BALANCE SHEET**
## **AS AT 31 DECEMBER 2022**
|Note
**CURRENT ASSETS**
Debtors
7
Cash at bank
8
**CREDITORS: Amounts falling due**
**within one year**
9
**NET CURRENT ASSETS AND TOTAL NET ASSETS**
**FUND BALANCES**
Unrestricted funds
General funds
Designated housing fund
Restricted Funds
10|Unrestricted
Funds
£
2,404
28,490
30,894
(4,878)
26,016
617
25,399
-
26,016|Restricted
Funds
£
-
5
5
-
5
-
-
5
5|Total funds
2022
£
2,404
28,495
30,899
(4,878)
26,021
617
25,399
5
26,021|Total funds
2021
£
-
25,913
|
|---|---|---|---|---|
|||||25,913
(748)|
|||||25,166|
|||||1,802
23,360
3|
|||||25,166|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.
The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:
- (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Directors and were signed on its behalf by:
## **I Andrews**
--------------------------------------I Andrews - director and trustee
Date: 21 September 2023
Company number: 07034027 (England and Wales) Charity number: 1137837
The notes on pages 10 to 14 form part of these accounts.
Page 9
## **ONE COMMUNITY GLOUCESTER**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1 Statutory Information**
The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
## **2 Accounting Policies**
The accounts have been prepared under the historic cost convention and in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
The principles adopted in the preparation of the financial statements are set out below.
- a) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from charitable activities represents income receivable from providing accommodation in furtherance of the charity's charitable objects.
The charity has relied significantly upon volunteers in carrying out its activities during the year. In accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
- b) Expenditure Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity sometimes makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
- c) Funds General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
- d) Tangible fixed assets Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £2,000 when they are written off when purchased. To date no expenditure has been incurred that needs to be capitalised.
Page 10
## **ONE COMMUNITY GLOUCESTER**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **2 Accounting Policies continued**
## e) Leased assets
Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use).
## f) Taxation
The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
## g) Cashflow statement
The company has taken advantage of the exemption provided by the Charities SORP and has not prepared a Cash Flow Statement for the year.
## h) Financial instruments
The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive).
## **3 Donations & Grants**
|Other grants receivable
**4**
Providing accommodation
**5**
**Charitable expenditure**
Property rental, utilities and other services
Staff & volunteer costs
Governance
**Charitable Activities**|Unrestricted
Funds
£
-
Unrestricted
Funds
£
43,934
Unrestricted
Funds
£
30,981
10,915
1,185
43,081|Restricted
Funds
£
126
Restricted
Funds
£
-
Restricted
Funds
£
123
-
-
123|Total
2022
£
126
Total
2022
£
43,934
Total
2022
£
31,104
10,915
1,185
43,205|Total
2021
£
200
|
|---|---|---|---|---|
|||||Total
2021
£
43,012|
|||||Total
2021
£
27,933
6,956
713|
|||||35,602|
The fee payable to the independent examiner for preparing and examining the accounts was £1,200 (2021: £720); in addition, the charity paid £558 (2021: £498) to Stewardship for payroll bureau services.
## **6 Staff costs and trustee remuneration**
During the year the average number of part time employees was 2 (2021: 1.5). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
No trustees received employment benefits in either the current or preceding year.
Page 11
## **ONE COMMUNITY GLOUCESTER**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **7 Debtors**
|Housing benefit receivable
Other debtors and prepayments|2022
£
1,756
648
2,404|2021
£
-
-|
|---|---|---|
|||-|
## **8 Cash at bank and in hand**
|Cash at bank
**itors: amounts falling due within one year**
Trade creditors
Accruals
Housing benefit repayable|2022
£
28,495
2022
£
1,362
1,200
2,316
4,878|2021
£
25,913|
|---|---|---|
|||2021
£
-
748
-|
|||748|
## **9 Creditors: amounts falling due within one year**
## **10 Restricted funds**
During the year the movements in the charity's restricted fund was as follows:
|Opening
balance
2022
£
Residents fund
3
e previous year the movements in the charity's restricted
Opening
balance
2021
£
Residents fund
-
Housing fund
17,540
17,540|Incoming
Outgoing
resources
resources
2022
2022
£
£
126
123
fund was as follows:
Incoming
Outgoing
resources
resources
2021
2021
£
£
200
197
-
17,543
200
17,740|Transfers
in the year
2022
£
-
Transfers
in the year
2021
£
-
3
3|Closing
balance
2022
£
5|
|---|---|---|---|
||||Closing
balance
2021
£
3
-|
||||3|
In the previous year the movements in the charity's restricted fund was as follows:
## **The restricted Housing fund and the designated Housing fund**
Until 2020 the income received from the provision of supported housing was credited to a restricted Housing fund and used to meet the cost of providing accommodation and support to vulnerable women. However the trustees have noted that this income does not come with conditions that amounted to a restriction therefore in 2021 this restricted fund was allowed to run down and the income received since 2020 from the provision of supported housing has been credited to a new designated fund with the same purpose.
## **The restricted Residents fund**
The restricted Residents fund was created from a grant received to help residents move out of supported housing.
Page 12
## **ONE COMMUNITY GLOUCESTER**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **11 Analysis of net assets by fund**
The assets and liabilities of the various funds are as follows:
|**ysis of net assets by fund**
assets and liabilities of the various funds are as follows:|||||
|---|---|---|---|---|
|Debtors
Cash at bank and in hand
Creditors falling due within one year||General
Designated
funds
funds
£
-
2,404
1,817
26,673
(1,200)
(3,678)
617
25,399
Unrestricted funds|Restricted
funds
£
-
5
-
5|2022
£
2,404
28,495
(4,878)|
|||General
funds
£
-
1,817
(1,200)
617|||
|||||26,021|
In the previous year, the assets and liabilities of the various funds were as follows:
|Cash at bank and in hand
Creditors falling due within one year||General
Designated
funds
funds
£
2,550
23,360
(748)
-
1,802
23,360
Unrestricted funds|Restricted
funds
£
3
-
3|2021
£
25,913
(748)|
|---|---|---|---|---|
|||General
funds
£
2,550
(748)
1,802|||
|||||25,166|
## **12 Operating lease commitments**
The charity has an operating lease for a residential property that is used to provide supported housing to vulnerable women. This lease can be terminated with 12 month's notice and the rent payable for that 12 month period is expected to be £19,200 (2021: £19,200).
During the year the charity was charged £19,200 (2021: £18,600) for its operating lease.
## **13 Transactions with related parties**
No donations were received from related parties during the year.
Except for the reimbursement of expenses incurred when acting as agent for the charity, no expenses were paid to (or for) the trustees.
The charity's trustees also serve as trustees of One Church (registered charity number 1131467). From time to time One Church makes payments for the charity, which the charity reimburses. Except for this, there have been no other transactions with One Church in the current year, or in the previous year.
## **13 Members**
Each member of the company commits to contribute if the charity is wound up an amount of £1.
Page 13
## **ONE COMMUNITY GLOUCESTER**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
|Note
**INCOME AND ENDOWMENTS FROM**
Donations and Grants
3
Charitable activities
4
**Total income and endowments**
**EXPENDITURE ON**
Charitable activities
5
**Total expenditure**
**Net income/(expenditure)**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
10|||General
Designated
Funds
Funds
2022
2022
£
£
-
-
-
43,934
-
43,934
1,185
41,896
1,185
41,896
(1,185)
2,039
-
-
(1,185)
2,039
1,802
23,360
617
25,399
Unrestricted Funds|Restricted
Funds
2022
£
126
-
126
123
123
2
-
2
3
5|Total
Funds
2022
£
126
43,934
44,060
43,205
43,205
855
-
855
25,166
26,021|||General
Designated
Funds
Funds
2021
2021
£
£
-
-
-
43,012
-
43,012
713
17,149
713
17,149
(713)
25,863
2,500
(2,503)
1,787
23,360
15
-
1,802
23,360
Unrestricted Funds|Restricted
Funds
2021
£
200
-
200
17,740
17,740
(17,540)
3
(17,537)
17,540
3|Total
Funds
2021
£
200
43,012
43,212
35,602
35,602
7,611
-
7,611
17,555
25,166|#|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||General
Funds
2022
£
-
-
-
1,185
1,185
(1,185)
-
(1,185)
1,802
617|||||||||
|||||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
|||||||||||||
The charity's only designated fund was the designated housing fund. Further information about this fund is given in note 10 'Funds'.
Page 14