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