2023-03-31-accounts - Phoenix Community Care Limited

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					2023	2022
			Unrestricted	Restricted	Total	Total
		Notes	fund f	funds f	funds	funds E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			1,300	205,739	207,039	164,206
Charitable activities
Foster Care/Semi-independent
Accommodation &Support			1,780,042		1,780,042	1,605,006
Investment income		3	1,005		1,005	3
Total			1,782,347	205,739	1,988,086	1,769,215
EXPENDITURE ON
Raising funds			700		700	380
Charitable activities
Foster Care/Semi-independent
Accommodation &Support			1,689,739	17,616	1,707,355	1,489,446
Other			39,936	201,001	240,937	153,165
Total			1,730,375	218,617	1,948,992	1,642,991
NET INCOME/(EXPENDITURE)			51,972	(12,878)	39,094	126,224
RECONCILIATION OF FUNDS
Total funds brought forward			199,129	21,847	220,976	94,752
TOTAL FUNDS CARRIED FORWARD			251,101	8,969	260,070	220,976

				2023	2022
		Unrestricted	Restricted	Total	Total
	Notes	fund 5	funds f	funds	funds
FIXEDASSETS
Tangible assets	12	35,235		35,235	29,407
CURRENT ASSETS
Debtors	13	129,692		129,692	172,251
Cash at bank and in hand		208,913	8,969	217,882	166,474
		338,605	8,969	347,574	338,725
CREDITORS
Amounts falling due within one year	14	(122,739)		(122,739)	(137,620)
NET CURRENT ASSETS		215,866	8,969	224,835	201,105
TOTAL ASSETSLESSCURRENT
LIABILITIES		251,101	8,969	260,070	230,512
CREDITORS
Amounts falling due aRer more than one year	15				(9,536)
NET ASSETS		251,101	8,969	260,070	220,976
FUNDS	17
Unrestricted funds				251,101	199,129
Restricted funds				8,969	21,847
TOTALFUNDS				260,070	220,975

					2023	2022
				Notes	K	E
Cash flows from operating activities Cash generated from operations				1	58,576	59,892
Interest paid						(805)
Net cash provided	by operating activities				58,576	59,087
Cash flows from	investing		activities
Purchase oftangible fixed assets					(17,315)	(554)
Sale oftangible fixed assets					1,600
Interest received					255	3
Net cash used in	investing	activities			(15,460)	(551)
Cash flows from	financing		activities
Loan repayments	in year					(12,857)
Capital repayments in year					8,292	(3,231)
Net cash provided	by/(used		in) financing	activities	8,292	(16,088)
Change in cash	and cash		equivalents
in the repordng	period				51,408	42,448
Cash and cash equivalents			at the
beginning ofthe	repoking		period		166,474	124,025
Cash and cash equivalents			at the end
ofthe reporting	period				217,882	166,474

	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
					2023	2022
	Net income for the	reporting		period (as per the Statement of
	Financial Activities)				39,094	126,224
	Adjustments for:
	Depreciation charges				9,464	9,353
	Loss on disposal offixed assets				423
	Interest received				(255)	(3)
	Interest paid					805
	Decrease/(increase)	in debtors			42,559	(56,968)
	Decrease in creditors				(32,709)	(19,519)
	Net cash provided	by operations			58,576	59,892
2.	ANALYSIS OF CHANGES		IN	NET FUNDS
				At 1.4.22	Cash flow	At31.3.23
					E	6
	Net cash
	Cash at bank and in	hand		166,474	51rt08	217,882
				166,474	51,408	217,882
	Debt
	Finance leases			(10,072)	(8,292)	('I8,364)
				(10,072)	(8,292)	(18,364)
	Total			156,402	43,116	199,518

2.	DONATIONS		AND LEGACIES	AND LEGACIES
						2023	2022
						6	E
	Donations					198,753	122,010
	GIR aid					8,048	6,623
	Grants					238	35,573
						207,039	164,206
	Grants received, included			in the above, are as	follows:
						2023	2022
						8	8
	Other grants					238	35,573
3.	INVESTMENT		INCOME
						2023	2022
							E
	Rents received					750
	Deposit account interest					255
						1,005
	INCOME FROM CHARITABLE ACTIVITIES
						2023	2022
				Activity			E
				Foster Care/Semi-independent
	Management	fees		Accommodation	&Support	27,000	27,000
				Foster Care/Semi-independent
	Reimbursed	income		Accommodation	&Support	36,876	35,668
	Foster care,	service &		Foster Care/Semi-independent
	benefit			Accommodation	8 Support	1,704,728	1,523,688
	Training &teaching			Foster Care/Semi-independent
	services			Accommodation	&Support	11,438	18,450
						1,780,042	1,605,006

5.	RAISING FUNDS
	Raising donations and legacies
					2023 f	2022f
	Fund raising expenses				700	380
6.	CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 7)	Totals f
	Foster Care/Semi-independent
	Accommodation &Support			1,166,505	540,850	1,70'7,355
7.	SUPPORT COSTS
				Management f	Finance f	Totals f
	Foster Care/Semi-independent
	Accommodation &Support			530,595	10,255	540,850
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated afier charging/(crediting):
					2023 f	2022 f
	Depreciation - owned assets				9,464	9,355
	Deficit on disposal offixed	assets			423
9.	TRUSTEES' REMUNERATION		AND BENEFITS
					2023 f	2022f
	Trustees' salaries				128,781	110,703
	Trustees' social security				11,841	9,092
	Trustees' pensions paid				2,702	2,186
					143,324	121,981

10.	STAFF COST	S
								2023	2022
								F
	Wages and salaries							362,751	340,155
	Social security	costs						22,005	19,780
	Other pension	costs						3,881	3,860
								388&537	363,795
	The average monthly		number of	employees		during the year	was as follows:
								2023	2022
	Administration							5	5
	Foster care							11	11
								16	16
	No employees	received emoluments			in excess ofF60,000.
11.	COMPARATIVES FOR THE STATEMENT					OF FINANCIAL	ACTIVITIES
							Unrestricted	Restdcted	Total
							fund	funds	funds
							6		5
	INCOME AND	ENDOWMENTS		FROM
	Donations and	legacies					16,351	147,855	164,206
	Charitable activities
	Foster Care/Semi-independent
	Accommodation	&Support					1,605,006		1,605,006
	Investment income
	Total						1,621,360	147,855	1,769,215
	EXPENDITURE ON
	Raising funds						380		380
	Charitable activities
	Foster Care/Semi-independent
	Accommodation	&Support					1,482,443	7,003	1,489,446
	Other						31,472	121,693	153,165
	Total						1,514,295	128,696	1,642,991
	NET INCOME						107,065	19,159	126,224

11.	COMPARATIVES FOR	COMPARATIVES FOR	THE STATEMENT	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued
						Unrestricted	Restdicted	Total
						fund f	funds	funds E
	RECONCILIATION	OF	FUNDS
	Total funds brought	forward				92,064	2,688	94,752
	TOTAL FUNDS CARRIED FORWARD					199,129	21,847	220,976
12.	TANGIBLE FIXEDASSETS
						Fixtures
				Plant	and	and	Motor
				machinery		fittings	vehicles	Totals
				5			5	E
	COST
	At 1 April 2022			12,862		27,743	81,026	121,631
	Additions					2,898	14,417	17,315
	Disposals						(9,515)	(9,515)
	At 31 March 2023			12,862		30,641	85,928	129,431
	DEPRECIATION
	At 1 April 2022			10,918		24,301	57,005	92,224
	Charge for year				389	1,268	7,807	9,464
	Eliminated on disposal						(7,492)	(7,492)
	At 31 March 2023			11,307		25,569	57,320	94,196
	NET BOOK VALUE
	At 31 March 2023			1,555		5,072	28,608	35,235
	At 31 March 2022			1,944		3,442	24,021	29,407
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2023	2022
							5	F
	Trade debtors						94,175	112,949
	Other debtors						23,880	47,665
	Prepayments						11,637	11,637
							129,692	172,251

							2023 f	2022 F
	Hire purchase	(see note 16)					18,364	3,231
	Trade creditors						35,478	26,433
	Social security		and other taxes				6,640	5,085
	Other creditors						57,457	82,447
	Accrued expenses						4,800	20,424
							122,739	137,620
15.	CREDITORS: AMOUNTS			FALLING DUE AFTER MORE THAN		ONE YEAR
							2023 f	2022 5
	Hire purchase	(see note 16)						6,841
	Trade creditors							2,695
								9,536
16.	LEASING AGREEMENTS
	Minimum lease		payments	under hire purchase	fall due as follows:
							2023	2022
							E	E
	Net obligations		repayable:
	VMthin one year						18,364	3,231
	Between one	and five years						6,841
							18,364	10,072
17.	MOVEMENT	IN FUNDS
							Net
							movement	At
					At	1.4.22	in funds	31.3.23
							5
	Unrestdcted	funds
	General fund				199,129		51,972	251,101
	Restricted funds
	Sport for Good					261	(261)
	Sure 24					2,418	4,939	7,357
	Bookshine					100	125	225
	Romania					1,713	(326)	1,38'7
	Sport Unites				17,355		(17,355)
					21,847		(12,8'78)	8,969
	TOTALFUNDS				220,976		39,094	260,070

Net movement	in funds, includ	ed in the abave are	as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F	E	E
Unrestricted	funds
General fund			1,782,347	(1,730,375)	51,972
Restricted funds
Sport for Good				(261)	(261)
Sure 24			105,209	(100,270)	4,939
Tumaini Project			14,790	(14,790)
Bookshine			1,475	(1,350)	125
Romania			83,900	(84,226)	(326)
Sport Unites				(17,355)	(17,355)
Afghanistan			365	(365)
			205,739	(218,617)	(12,878)
TOTAL FUNDS			1,988,086	(1,948,992)	39,094
Comparatives	for movement	in funds
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
			E	5	E
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
TOTALFUNDS			94,752	126,224	220,976

			Incoming	Resources	Movement
			resources	expended	in funds
				5	E
Unrestricted	funds
General fund			1,621,360	(1,514,295)	107,065
Restricted funds
Sport for Good Sure 24			74,287	(1,910) (71,869)	(1,910) 2,418
Tumaini Project Bookshine Romania			18,401 1,400 31,319	(18,918) (1,300) (29,606)	(517) 100 1,713
Sport Unites			22,448	(5,093)	17,355
			147,855	(128,696)	19,159
TOTALFUNDS			1,769,215	(1,642,991)	126,224
A cunent year	12months	and prior year 12months combined	position is as follows:
				Net
				movement	At
			At 1.4.21	in funds	31.3.23 f
Unrestricted	funds
General fund			92,064	159,037	251,101
Restricted funds
Sport for Good Sure 24			2,171	(2,171) 7,357	7,357
Tumaini Project Bookshine			517	(517) 225	225
Romania				1,387	1,387
			2,688	6,281	8,969
TOTAL FUNDS			94,752	165,318	260,070

A current yea above are as	r 12 months and prior yea follows:	r 12 months combined net move	ment in funds, i	ncluded in t
		Incoming	Resources	Movement
		resources f	expended	in funds f
Unrestricted	funds
General fund		3,403,707	(3,244,670)	159,037
Restricted funds
Sport for Good			(2,171)	(2,171)
Sure 24		179,496	(172,139)	7,357
Tumaini Project		33,191	(33,708)	(517)
Bookshine		2,875	(2,650)	225
Romania		115,219	(113,832)	1,387
Sport Unites		22,448	(22,448)
Afghanistan		365	(365)
		353,594	(347,313)	6,281
TOTAL FUNDS		3,757,301	(3,591,983)	165,318

			2023	2022
Sunflower Properties	Limited		11,226	5,976
Phoenix Community	Care Management	LLP	6,090	Nil
Phoenix Community	Care (GRP) LLP		5,605	331
New Living Ministries			467	400
A &P Hawkes			21,910	60,933
C Mayer			144	Nil

			2023	2022
A Hawkes			1,688	Nil
A &P Kelly			2,106	3,968
Phoenix Community	Care Management	LLP	14,084	14,084
SunRower Properties	Limited		Nil	6,480

RELATED	PARTY D	ISCLOS	URES - c	ontin	ued
						2023	2022f
A &P Kelly						56,965	54,252
New Living	Ministries					19,200	19,200
Sunflower	Properties	Limited				179,008	170,484
During the	period the	following	management		charges were issued	by the following related	parties;
						2023	2022
Phoenix Community		Care Management		LLP		57,816	54,575
Phoenix Community		Care (GRP) LLP				64,968	61,625
During the	period the	following	management		charges were issued	to the following related	parties:
						2023	2022
						8	F
Sunflower	Housing Limited					9,000	12,000
Sunflower	Properties	Limited				18,000	22,500