2022-03-31-accounts - Phoenix Community Care Limited

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		Page
Report ofthe Trustees	1	to	7
Report ofthe Independent Auditors	8	Io	10
Statement ofFinancial Activities
Balance Sheet		12
Cash Flow Statement		13
Notes tothe Cash Flow Statement		14
Notes to the Financial Statements	15 to		25

					2022	2021
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	6	6	6	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	16,351	147,855	164,206	154,463
Charitable activities
Foster Care/Semi-independent
Accommodation 8 Support			1,605,006		1,605,006	1,413,096
Investment income					3	5
Total			1,621,360	147,855	1,769,215	1,567,565
EXPENDITURE ON
Raising funds			380		380	216
Charitable activities
Foster Care/Semi-independent
Accommodation &Support			1,482,443	7,003	1,489,446	1,617,733
Other			31,472	121,693	153,165	139,993
Total			1,514,295	128,696	1,642,991	1,757,942
NET INCOME/(EXPENDITURE)			107,065	19,159	126,224	(190,376)
RECONCILIATION OF FUNDS
Total funds brought forward			92,064	2,688	94,752	285,128
TOTAL FUNDS CARRIED FORWARD			199,129	21,847	220,976	94,752

				2022	2021
		Unrestdicted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes		5	6	E
FIXEDASSETS
Tangible assets	12	29,407		29,407	38,208
CURRENT ASSETS
Debtors	13	172,251		172,251	115,283
Cash at bank and in hand		144,627	21,847	166,474	124,026
		316,878	21,847	338,725	239,309
CREDITORS
Amounts falling due within one year	14	(137,620)		(137,620)	(157,738)
NET CURRENT ASSETS		179,258	21,847	201,105	81,571
TOTAL ASSETSLESSCURRENT
LIABILITIES		208,665	21,847	230,512	119,779
CREDITORS
Amounts falling due after more than one year	15	(9,536)		(9,536)	(25,027)
NET ASSETS		199,129	21,847	220,976	94,752
FUNDS	18
Unrestricted funds				199,129	92,064
Restricted funds				21,847	2,688
TOTAL FUNDS				220,976	94,752

					2022	2021
				Notes	5
Cash flows from	operating		activities
Cash generated from operations				1	59,892	(28,076)
Interest paid					(805)	(805)
Net cash provided	by/(used		in) operating	activities	59,08'7	(28,881)
Cash flows from	investing		activities
Purchase oftangible fixed assets					(554)	(330)
Sale oftangible fixed assets						74,800
Interest received						5
Net cash (used in)/provided			by investing	activities	(551)	74,475
Cash flows from	financing		activities
Loan repayments	in year				(12,857)	(11,966)
Capital repayments in year					(3,231)	(3,231)
Net cash used in	financing	activities			(16,088)	(15,197)
Change in cash	and cash		equivalents
in the reporting	pediod				42,448	30,397
Cash and cash equivalents			at the
beginning ofthe	reporting		period		124,026	93,629
Cash and cash equivalents			atthe end
ofthe reporting	period				166,474	124,026

RECONCILIATION ACTIVITIES	OF	NET	INCOME/(EXPE	NDITURE) TO NET CASH	FLOW FROM OPE	RATING
					2022	2021
					8	6
Net income/(expenditure)		for the reporting		period (as per the
Statement ofFinancial		Activities)			126,224	(190,376)
Adjustments for:
Depreciation charges					9,353	12,221
Loss on disposal of	fixed	assets				291,102
Interest received					(3)	(5)
Interest paid					805	805
Increase in debtors					(58,968)	(2,891)
Decrease in creditors					(19,519)	(138,932)
Net cash provided	by/(used		in) operations		59,892	(28,076)

ANALYSIS OF CHANG	ES IN NET FUNDS
		At 1.4.21	Cash Ilo	At31.3.22
				8
Net cash
Cash at bank and in hand		124,026	42,448	166,474
		124,026	42,448	166,474
Debt
Finance leases		(13,303)	3231	(10,072)
Debts falling due within	1 year	(3,740)	3,740
Debts falling due after 1 year		(9,119)	9,119
		(26,162)	16,090	(10,072)
Total		97,864	58,538	156,402

DONATIONS	AND LEGA	CIES
				2022	2021
				6	5
Donations				122,010	116,676
Gift aid				6,623	15,235
Grants				35,573	21,552
				164,206	154,463
Grants received, included		in the above, are as	follows:
				2022	2021
				5	2
Other grants				35,573	2'f,552
INVESTMENT INCOME
				2022	2021
				6	6
Deposit account interest				3	5
INCOME FROM CHARITABLE ACTIVITIES
				2022	2021
		Activity
		Foster Care/Semi-independent
Management	fees	Accommodation	8 Support	27,000	31,000
		Foster Care/Semi-independent
Reimbursed	income	Accommodation	8 Support	35,668	39,557
Foster care,	service &	Foster Care/Semi-independent
benefit		Accommodation	&Support	1,523,888	1,334,706
Training &teaching		Foster Care/Semi-independent
services		Accommodation	&Support	18,450	7,835
				1,605,006	1,413,098

Raising donations and legacies	Raising donations and legacies
			2022	2021
			6	E
Fund raising expenses			380	216
CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs f	note 7) 8	Totals 6
Foster Care/Semi-independent
Accommodation &Support		1,067,521	421,925	1,489,446
SUPPORT COSTS
		Management f	Finance E	Totals f
Foster Care/Semi-independent
Accommodation &Support		411,347	10,578	421,925
NET INCOME/(EXPENDITURE)
Net income/(expenditure) isstated after charging/(crediting):
			2022 f	2021
Depreciation - owned assets			9,355	12,221
Deficit on disposal offixed assets				291,102
TRUSTEES' REMUNERATION	AND BENEFITS
			2022	2021
			5
Trustees' salaries			110,703	93,312
Trustees' social security			9,092	7,693
Trustees' pensions paid			2,186	1,825
			121,981	'l02,830

STAFF COST	S
						2022	2021
							6
Wages and salaries						340,155	305,236
Social security	costs					19,780	15,183
Other pension	costs					3,860	4,001
						363,795	324,420
The average monthly		number of	employees		during the year was as follows:
						2022	2021
Administration						5	4
Foster care						11	9
						16	13
No employees	received emoluments			in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT					OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fund	funds	funds
						E	6
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies				38,764	115,699	154,463
Charitable activities
Foster CarelSemi-independent
Accommodation	&Support				1,413,098		1,413,098
Investment income
Total					1,451,867	115,699	1,567,566
EXPENDITURE ON
Raising funds					216		216
Charitable activities
Foster Care/Semi-independent
Accommodation	&Support				1,609,386	8,347	1,617,733
Other					31,027	108,966	139,993
Total					1,640,629	117,313	1,757,942
NET INCONIE/(EXPENDITURE)					(188,762)	(1,614)	(190,376)

11.	COMPARATIVES FOR	COMPARATIVES FOR	THE STATEMENT	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued
						Unrestricted	Restricted	Total
						fund	funds	funds
						5	6	F
	RECONCILIATION	OF	FUNDS
	Total funds brought	forward				280,826	4,302	285,128
	TOTAL FUNDS CARRIED FORWARD					92,064	2,688	94,752
12.	TANGIBLE FIXEDASSETS
						Fixtures
				Plant	and	and	Motor
				machinery f		fittings	vehicles	Totals
	COST
	At 1 April 2021			12,862		27,189	81,026	121,077
	Additions					554		554
	At 31 March 2022			12,862		27,743	81,026	121,631
	DEPRECIATION
	At 1 April 2021			10,432		23,440	48,997	82,869
	Charge for year				486	861	8,008	9,355
	At 31 March 2022			10,918		24,301	57,005	92,224
	NET BOOKVALUE
	At 31 March 2022			1,944		3,442	24,021	29,407
	At 31 March 2021			2,430		3,749	32,029	38,208
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2022	2021
							5	6
	Trade debtors						112,949	113,853
	Other debtors						47,665	1,430
	Prepayments						11,637
							172,251	115,283

CREDITORS: AMOUNTS	FA	LLING DUE WITHIN ONE YEAR
			2022	2021
			6	F
Other loans (see note 16)				3,740
Hire purchase (see note 17)			3,231	3,231
Trade creditors			26433	7,541
Social security and other taxes			5,085	5,000
Other creditors			82W7	119,098
Accrued expenses			20424	19,128
			137,620	157,738
CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
			2022 8	2021 f
Other loans (see note 16)				9,119
Hire purchase (see note 17)			6,841	10,072
Trade creditors			2,695	5,836
			9,536	25,027
LOANS
An analysis ofthe maturity	of	loans is given below:
			2022	2021
			6	F
Amounts falling due within	one year on demand:
Other loans				3,740
Amounts falling between one		and two years:
Other loans - 1-2years				3,541
Amounts falling due between		two and five years:
Other loans - 2-5years				5,578

Minimum leas	e payments under hire purchase	fall due as follows:
				2022	2021
					f
Net obligations	repayable:
Within one year				3,231	3,231
Between one	and five years			6,841	10,072
				10,072	13,303
MOVEMENT	IN FUNDS
				Net
				movement	At
		At 1.4.21 f		in funds f	31.3.22 f
Unrestricted	funds
General fund		92,064		107,065	199,129
Restricted funds
Sport for Good		2,171		(1,910)	261
Sure 24				2,418	2,418
Tumaini Project			517	(517)
Bookshine				100	100
Romania				1,713	1,713
Sport Unites				17,355	17,355
		2,688		19,159	21,847
TOTAL FUNDS		94,752		126,224	220,976

Net movement	in funds, includ	ed in the above are a	s follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F	E	F
Unrestricted	funds
General fund			1,621,360	(1,514,295)	107,065
Restricted funds
Sport for Good				(1,910)	(1,910)
Sure 24			74,287	(71,869)	2,418
Tumaini Project			18,401	(18,918)	(517)
Bookshine			1,400	(1,300)	100
Romania			31,319	(29,606)	1,713
Sport Unites			22,448	(5,093)	17,355
			147,855	(128,696)	19,159
TOTAL FUNDS			1,769,215	(1,642,991)	126,224
Comparatives	for movement	in funds
				Net
				movement	At
			At 1.4.20	in funds	31.3.21
Unrestricted	funds
General fund			280,826	(188,762)	92,064
Restricted funds
Sport for Good			4,302	(2,131)	2,171
Tumaini Project				517	517
			4,302	(1,614)	2,688
TOTAL FUNDS			285,128	(190,376)	94,752

Comparative	net movement in funds, incl	uded in the above are as follows:
		Incoming	Resources	Movement
		resources 5	expended f	in funds
Unrestricted	funds
General fund		1,451,867	(1,640,629)	(188,762)
Restricted funds
Sport for Good		6,216	(8,347)	(2,131)
Sure 24		66,682	(66,682)
Tumaini Project		21,951	(21,434)	517
Bookshine		700	(700)
Romania		20,150	(20,150)
		115,699	(117,313)	(1,614)
TOTAL FUNDS		1,567,566	(1,757,942)	(190,376)

A current yea	r 12months and prior year 1	2months combined position isas f	ollows:
			Net
			movement	At
		At 1.4.20	in funds	31.3.22
		F	F	E
Unrestricted	funds
General fund		280,826	(81,697)	199,129
Restricted funds
Sport for Good Sure 24		4,302	(4,041 ) 2,418	261 2,418
Bookshine			100	100
Romania			1,713	1,713
Sport Unites			17,355	17,355
		4,302	17,545	21,847
TOTAL FUNDS		285,128	(64,152)	220,976

A current ye above are as	ar 12 months and prior yea follows:	r 12 months combined net move	ment in funds, i	ncluded in t
		Incoming	Resources	Movement
		resources	expended	in funds
		6	6	5
Unrestricted	funds
General fund		3,073,227	(3,154,924)	(81,697)
Restricted funds
Sport for Good Sure 24		6,216 140,969	(10,257) (138,551)	(4,041) 2,418
Tumaini Project		40,352	(40,352)
Bookshine		2,100	(2,000)	100
Romania		51,469	(49,756)	1,713
Sport Unites		22,448	(5,093)	17,355
		263,554	(246,009)	17,545
TOTAL FUNDS		3,336,781	(3,400,933)	(64,152)

											2022f		2021f
Sunflower	Properties		Limited								5,976		5,976
Phoenix Community			Care Management			LLP					(10,118)		(10,118)
											2022		2021
											5
A &P Hawkes											60,933		92,999
C Mayer											Nil		(1,630)
G Hawkes											Nil		(294)
Included	in trade	and		other	debtors	are amounts	due	(to)/from		the	following	related	parties	whose
directors and members				are also trustees		ofPhoenix	Community		Care	Limited.
											2022		2021
											6		5

RELATED	PARTY	DISCLOSURES - co	ntinued
New Living	Ministries			(400)	(400)
Phoenix Community		Care (GRP) LLP		(331)	(520)
A& P Kelly				3,968	110
Phoenix Community		Care Management	LLP	14,084	Nil
Sunflower	Properties	Limited		6,480	Nil
During the	period rent for properties was		paid to related parties as follows:
				2022	2021
				8	5
A &P Kelly				54,252	54,252
New Living	Ministries			19,200	14,400
Sunflower	Properties	Limited		170,484	171,584

						2022 5	2021f
Phoenix Community			Care Management		LLP	54,575	53,717
Phoenix Community			Care (GRP) LLP			61,625	60,000
Dudng the	period the		following	management		charges were issued to the following related	parties:
						2022	2021f
Sunflower	Housing	Limited				12,000	9,000
Sunflower	Properties		Limited			22,500	22,000