**COMPANY NO: 07817860**
## **Derwentwater Independent Hostel**
**Report of the Directors and Trustees**
**and Financial Statements for the year ended**
**31 October 2022**
## **Derwentwater Independent Hostel**
## **Index to the Financial Statements for the year ended 31 October 2022**
||Page||
|---|---|---|
|Charity Information|1||
|Trustees' Report|2|- 6|
|Independent Examiner's Report|7||
|Statement of Financial Activities|8||
|Comparative Statement of Financial Activities|9||
|Balance Sheet|10|- 11|
|Notes to the Financial Statements|12|- 16|
## **Derwentwater Independent Hostel**
## **Charity Information for the year ended 31 October 2022**
**DIRECTORS** John Snyder **AND** Sarah Snyder **TRUSTEES:** Guy Lee Andrew Towler Laura Cadman **CHIEF EXECUTIVE OFFICERS:** T Butcher **BUSINESS ADDRESS** Barrow House Borrowdale Keswick Cumbria CA12 5UR **REGISTERED OFFICE:** Barrow House Borrowdale Keswick Cumbria CA12 5UR **CHARITY NUMBER:** 1145368 **COMPANY NUMBER:** 07817860 **ACCOUNTANT AND** Frances Clark ACA **INDEPENDENT EXAMINER** Keswick Accountants Appleside 4 Leonard Street Keswick Cumbria CA12 4EJ **BANKERS:** Barclays Bank PLC Market Square Penrith Cumbria CA11 7YB
Page 1
## **Derwentwater Independent Hostel**
## **Report of the Trustees for the year ended 31 October 2022**
The Trustees, who are the directors of the Company for the purposes of company law, present their report together with the financial statements of the Charity for the year ended 31 October 2022.
The accounts have been prepared under the provisions of the Companies Act 2006 and the Charities Act 2011, and in accordance with the Statement of Recommended Practice (SORP 2005) on accounting for charities.
## **Governing Document**
Derwentwater Independent Hostel is a company limited by guarantee and registered charity. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company, and is governed under it Articles of Assocation.
## **Objectives**
The Charity’s Articles declare the charity’s objects as: a) the advancement of education,
b) the advancement in life of children and young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible adults; and
c) the provision of recreational and leisure time activity in the interests of social welfare for people who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances, by the provision of educational courses and physical and other activities; and associated residential facilities; and
d) to help all, especially young people of limited means, to a greater knowledge, love and care of the countryside by providing a youth hostel or other accommodation for them and thus to promote their health, recreation and education.
## **Directors**
The directors who acted during the period were as follows:
John Snyder Sarah Snyder Guy Lee Andy Towler Paul Kleian - resigned 25 January 2022 Laura Cadman - appointed 26 January 2022
## **Management Structure**
The charity now has five Trustees and continues to consider recruiting. There continues to be a potential need for additional contributions from people with legal, auditing, estate management and classroom educational skills. More conversations have taken place, but still no new formal appointments yet made.
## **Review of the development, activities and achievements of the Company**
In the eleventh full year of operating Derwentwater Independent Hostel (DIH) our support of the education sector has continued.
Relative to the prior year of 2020/2021 impacted by Covid measures, this trading year was full of rebound and growth.
Page 2
## **Derwentwater Independent Hostel**
## **Report of the Trustees, contd. for the year ended 31 October 2022**
## **Review of the development, activities and achievements of the Company (cont)**
Overnights almost doubled from 7,773 to 14,934 in the trading year, with a very strong upswing in our Education customer base, which grew 199% from 2,081 overnights (2020/2021) to 6,214 overnights in 2021/2022. Within that customer segment, Primary Schools and Secondary Schools showed the highest rate of return to Derwentwater Independent Hostel. Schools had some of the toughest regimes during the Covid lockdown era, and therefore school leaders had to narrow their focus on classroom routines, prior to considering or having the confidence to take students offcampus on school residential trips again. The Education segment now returns as the top category of guests we host at Derwentwater Independent Hostel.
Page 3
## **Derwentwater Independent Hostel**
## **Report of the Trustees, contd. for the year ended 31 October 2022**
Adult Groups also grew by 60%, whereas the Family Groups had a lower growth rate of 40%. The innovation of introducing temporary camping plots on the front lawn, as well as our three pod cabins on the eastern edge of our driveway – each contributed to heightened use of the grounds for both family and individual stays in the summer holidays.
## **2021/2022 Volunteer Report**
There continues to be a change in the profile of our volunteers, post Brexit, as visa rules make it very difficult for EU citizens to undertake voluntary work in the UK. We continue to welcome UK based volunteers, and we continue to offer the same experience and outcome to volunteers.
In 2022 we recorded significantly lower volunteering hours than the 550 hours recorded in 2021, as we used all of our available staff accommodation for employees.
The trustees, hostel manager and staff would like to thank the following volunteers for supporting the hostel in 2021/2022.
Name Volunteer Hours Contributed Darren Pike 75 Hours Harvey Ball 75 Hours Steve Mills 25 Hours Jo Severn 25 Hours Phil Severn 25 Hours Paul Chilton 25 Hours Sara Chilton 25 Hours
Total Volunteer Hours: 275 Hours
Special thanks go to Harvey Ball who joined us as a volunteer before taking a paid Hostel Assistant role.
## **A successful year**
As Chairman of the Trustees I would like to thank Tim Butcher in particular for leading our hostel team as Hostel Manager through both the Covid period and the immediate post-lockdown uncertainty. Tim with our staff team navigated a period of no returning school groups, followed by a rebound return of these important customer groups back to our hostel. Good communication with our regular school group leaders and booking some new groups too, meant the hostel could rebalance our trading activity. The fruits of our team’s hard work posted annual revenues of £458k for 2021/2022, with a net income of £53k. The previous year 2020/2021 the hostel achieved £343k annual revenues with a net income of 15k. By comparison, the prior year of 2019/2020 reported revenues of just £223k with a net loss of £54k!
Page 4
## **Derwentwater Independent Hostel**
## **Report of the Trustees, contd. for the year ended 31 October 2022**
## **Review of the development, activities and achievements of the Company (Cont)**
Returning surplus funds back into our reserves is important for the health of our charity, and additional surplus provides more resilience alongside fresh opportunities to continue investing in our team, our infrastructure and our charitable aims. Returning £54k surplus in one year, immediately post-Covid, is a remarkable result.
As Chairman I must observe and share the fact that the Covid lockdowns, and lack of schools returning immediately afterwards, did temporarily stop our customary handing out of grants to chosen schools, both last year and this reporting year. Pre-Covid we distributed small support grants to a few schools which lacked funds to bring their children through to a Lakeland DIH stay experience. Our charity does want to support young people’s accessibility to our Borrowdale region of the Lake District, for all, irrespective of the ability any parents to pay for their child’s residential stay. My hope is we can return to that agenda, now that significant surpluses are reported coming back into our reserves.
I am so proud to report that our engaging and friendly staff have delivered such a strong year of overnights and service to our many varied visitors. Our Trustees wholeheartedly thank Tim and the team for their huge efforts through this last year.
## **Trustee Appointments**
The charity has five Trustees. Laura Cadman previously engaged the Trustees on governance, as a charity consultant, with an initial audit on Trustee skills and responsibilities; Laura subsequently joined the Trustee team with a formal appointment on 26[th] January 2022.
No formal appointments were made during the Covid lockdown era, with our small Trustees team working in survival mode drawing on its deep knowledge of the details of the hostel, collected over the many years since 2011. It is refreshing to have a new colleague in our midst, bringing a strength of charity governance and personnel management to our team.
## **Cash Reserves**
Cash reserves took a dent during the Covid emergency and lockdown restrictions. Unrestricted funds carried forwards have in pre-Covid year exceeded £200,000, but were lower at £181k in the 2020/2021 reporting year. Carried forward unrestricted funds at the close of the 2021/2022 trading are now £197k, and now represent over 43% of our annual income.
## **Investment Policy**
The Memorandum and Articles of Association of the Charity permit wide powers of investment. The Trustees should invest the money of the charity not immediately required for its purposes, in or upon such investments, securities or properties as may be thought fit.
## **Risk Assessment**
The Trustees regularly review the risks to which the charity is exposed and consider the implications of those risks. There is no risk currently facing the charity which the Trustees consider significant.
Page 5
## **Derwentwater Independent Hostel**
## **Report of the Trustees, contd. for the year ended 31 October 2022**
## **Statement of Directors Responsibilities**
The Directors are required under the Companies Act 2006 and the Charities Act 1993 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of its net surplus or deficit for that period. In preparing those financial statements, the directors are required to:
a) select suitable accounting policies and then apply them consistently; b) make judgements and estimates that are reasonable and prudent;
c) state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements;
d) prepare the financial statements on the going concern basis unless it is inappropriate to presume the company will continue in operation.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the Trust and to enable them to ensure that the financial statements comply with applicable law, accounting standards and the Charities SORP. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008) relating to small companies.
## **ON BEHALF OF THE TRUSTEES**
John Snyder Director and Trustee Date:
Page 6
## **Derwentwater Independent Hostel**
## **Independent Examiners Report for the year ended 31 October 2022**
I report on the accounts for the Trust for the year ended 31 October 2022 which are set out on pages 7 - 14.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year, under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examiners report is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiners report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The proceedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
## **Independent examiners' statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements to:
- keep accounting records in accordance with s130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met;
## or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Frances Clark ACA Keswick Accountants Appleside 4 Leonard Street Keswick Cumbria CA12 4EJ
Page 7
## **Derwentwater Independent Hostel**
|**Statement of Financial Activities**
**for the year ended**
**31 October 2022**
**Notes**
**INCOME**
**Voluntary income**
Donations and gifts
2
Legacies receivable
Grants receivable
3
Activities for generating funds
Investment income
4
**Income from**
**charitable activities**
Hostel income
5
**Total income**
**Expenditure**
**Charitable activities**
6
**Total expenditure**
**Net income / (expenditure)**
Total funds brought forward
Transfers between funds
**Total funds carried forward**
13|**31 October 2022**
**31 October 2021**
Restricted Unrestricted Designated
Total
Total
Funds
£
£
£
£
£
-
5
-
5
-
-
-
-
-
-
-
4,251
-
4,251
77,996
-
-
-
-
-
-
16
-
16
246
-
453,500
-
453,500
264,471
-
457,772
-
457,772
342,713
-
404,465
-
404,465
327,348
-
404,465
-
404,465
327,348
-
53,307
-
53,307
15,365
-
196,719
-
196,719
181,354
-
-
-
-
-
-
250,026
-
250,026
196,719|**31 October 2022**
**31 October 2021**
Restricted Unrestricted Designated
Total
Total
Funds
£
£
£
£
£
-
5
-
5
-
-
-
-
-
-
-
4,251
-
4,251
77,996
-
-
-
-
-
-
16
-
16
246
-
453,500
-
453,500
264,471
-
457,772
-
457,772
342,713
-
404,465
-
404,465
327,348
-
404,465
-
404,465
327,348
-
53,307
-
53,307
15,365
-
196,719
-
196,719
181,354
-
-
-
-
-
-
250,026
-
250,026
196,719|
|---|---|---|
|||342,713|
|||327,348|
|||327,348|
|||15,365
181,354
-|
|||196,719|
There were no gains or losses in the year to 31 October 2022 other than those included above.
The notes form part of these financial statements
Page 8
## **Derwentwater Independent Hostel**
## **COMAPARATIVE Statement of Financial Activities for the year ended 31 October 2021**
## **31 October 2021**
|**Notes**
**INCOME**
**Voluntary income**
Donations and gifts
Legacies receivable
Grants receivable
Activities for generating funds
Investment income
**Income from**
**charitable activities**
Hostel income
**Total income**
**Expenditure**
**Charitable activities**
**Total expenditure**
**Net income / (expenditure)**
**Net movement in funds**
Total funds brought forward
Transfers between funds
**Total funds carried forward**|Restricted Unrestricted Designated
Total
Funds
£
£
£
£
-
-
-
-
-
-
-
-
-
77,996
-
77,996
-
-
-
-
-
246
-
246
-
264,471
-
264,471|
|---|---|
||-
342,713
-
342,713|
||-
327,348
-
327,348|
||-
327,348
-
327,348|
||-
15,365
-
15,365|
||-
15,365
-
15,365
-
148,354
33,000
181,354
-
33,000
(33,000)
-|
||-
196,719
-
196,719|
Page 9
## **Derwentwater Independent Hostel**
## **Balance Sheet as at 31 October 2022**
|**Notes**
**31 October 2022**
£
£
**Fixed Assets**
Tangible fixed assets
9
33,511
33,511
**Current Assets**
Debtors
10
11,749
Cash at bank and in hand
354,326
366,075
**Creditors: amounts falling due within one year**
Creditors and accruals
11
109,564
**Net Current Assets**
256,511
**Total Assets less Current Liabilities**
290,022
**Creditors: amounts falling due in more than one year**
39,996
**NET ASSETS**
12
250,026
**Funds**
Restricted funds
13
-
Unrestricted funds
250,026
Designated funds
-
14
250,026|**31 October 2021**
£
£
40,716
40,716
35,131
271,372
306,503
100,500
206,003
246,719
50,000
196,719
-
196,719
-
196,719|**31 October 2021**
£
£
40,716
40,716
35,131
271,372
306,503
100,500
206,003
246,719
50,000
196,719
-
196,719
-
196,719|
|---|---|---|
|||40,716
206,003|
||306,503
100,500||
||||
|||246,719
50,000|
|||196,719|
|||-
196,719
-|
|||196,719|
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
These accounts have been prepared in accordance with the provisions applicable to companies
Page 10
## **Derwentwater Independent Hostel**
## **Balance Sheet as at 31 October 2022**
The directors acknowledge their responsibilities for:
- a) ensuring that the company keeps accounting records which comply with Section 386 of the Companies Act 2006, and
- b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit 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 company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the trustees and signed on their behalf
John Snyder Director and Trustee Date:
The notes form part of these financial statements
Page 11
## **Derwentwater Independent Hostel**
## **Notes to the Financial Statements for the year ended 31 October 2022**
## **1 Accounting Policies**
## **General**
These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards, including the accruals concept, and the Charities SORP (Statement of Recommended Practice). They include the results of the charitable company's operations which are described in the Directors Report.
## **Cash Flow Statement**
The charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small charity.
## **Tangible Fixed Assets and Depreciation**
Assets used for charitable purposes, with an expected useful life exceeding one year, are capitalised on the balance sheet. Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life:
Computers 33.34% on reducing balance Fixtures, Fittings and Equipment 25% on reducing balance
## **Income**
Income consists of grants received and income from promotions, accounted for on a receivable basis. Where income is received for a specific purpose, as defined by the donor, this income is classed as restricted. Income received towards the general objects of the charity is classed as unrestricted.
## **Expenditure**
Expenditure is accounted for on an accruals basis. Where it relates to a specific project it is allocated to that project as restricted expenditure. Expenditure that relates to the objects of the charity is classified as charitable activities. Any legal or professional costs are classified as governance costs. The costs of generating funds are separately indentified.
## **Funds**
General funds are those where no restrictions have been placed upon the specific spending of the funds by the donor. Designated funds are those funds where the directors have chosen to earmark general funds for a specfic purpose. Restricted funds are those funds where the donation is received for a specific purpose as set out by the donor.
## **Corporation Tax**
As a 'not for profit' company with charitable status the Company is exempt from the payment of corporation tax.
## **2 Payment to Accountants**
The payment to the accountants included in the expenditure is split as follows:
|Book keeping and payroll services
Payment for preparation of accounts
Payment for Independent Examination|2022
£
240
450
200
890|2021
£
240
450
200|
|---|---|---|
|||890|
Page 12
## **Derwentwater Independent Hostel**
## **Notes to the Financial Statements for the year ended 31 October 2022**
||||31 October 2022|31 October 2022|||
|---|---|---|---|---|---|---|
|||Restricted|Unrestricted|Designated|Total|31 October 2021|
|||£|£|£|£|£|
|**2**|**Donations and gifts**||||||
||Sundry donations|-|5||5|-|
|||-|5|-|5|-|
|**3**|**Grants receivable**||||||
||Allerdale Business Support Gr|-|4,000||4,000|27,950|
||Job Retention Scheme Grant|-|251||251|50,046|
|||-|4,251|-|4,251|77,996|
|**4**|**Investment income**||||||
||Bank interest received|-|16|-|16|246|
|||-|16|-|16|246|
|**5**|**Hostel income**||||||
||Overnight income|-|266,591|-|266,591|171,175|
||Cancellation charge|-|14,826|-|14,826|10,975|
||Catering income|-|145,311|-|145,311|64,278|
||Alcohol sales|-|18,490|-|18,490|11,116|
||Shop sales|-|6,230|-|6,230|5,902|
||Activities||392|-|392|-|
||Hydro income|-|1,660|-|1,660|1,025|
|||-|453,500|-|453,500|264,471|
Page 13
## **Derwentwater Independent Hostel**
## **Notes to the Financial Statements for the year ended 31 October 2022**
||||31 October|2022||||
|---|---|---|---|---|---|---|---|
|||Restricted|UnrestrictedDesignated|||Total|31 October 2021|
|**6**|**Charitable activities**|£|£|£||£|£|
||Purchases|-|70,880||-|70,880|39,094|
||Staff costs
**Note 7**|-|158,628||-|158,628|121,125|
||Administration|-|10,375||-|10,375|3,845|
||Marketing and Advertising|-|1,139||-|1,139|2,595|
||Premises and other costs|-|145,556||-|145,556|138,240|
||Interest and charges|-|5,485||-|5,485|3,152|
||Depreciation|-|11,170|||11,170|13,572|
||Legal and professional|-|1,232||-|1,232|5,725|
|||-|404,465||-|404,465|327,348|
|**7**|**Employee Remuneration**|||31|October 2022||31 October 2021|
|||||||£|£|
||Staff costs|||||||
||Wages|||||164,473|134,136|
||Employers NIC|||||7,269|3,836|
||Staff accomodation|deduction||||(11,954)|(12,326)|
||Staff food deduction|||||(5,232)|(6,692)|
||Employer pension|||||3,116|2,089|
||Travel|||||-|0|
||Recruitment|||||956|82|
|||||||158,628|121,125|
The average number of staff employed by the trust during the year was as follows;
||31 October|2022 31 October 2021|2022 31 October 2021|
|---|---|---|---|
||No.||No.|
|**Managers**||1|1|
|**Hostel staff**||7|7|
|||8|8|
## **7 Trustee Remuneration and Expenses**
No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.
No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the year.
Page 14
**Notes to the Financial Statements for the year ended 31 October 2022**
## **Derwentwater Independent Hostel**
## **9 Tangible Fixed Assets**
|Plant and
machinery
Fixtures &
Fittings
£
£
**COST**
At
1 November 2021
63,617
7,597
Additions
3,966
-
At
31 October 2022
67,583
7,597
**DEPRECIATION**
At
1 November 2021
24,856
5,642
Charge for year
10,682
489
At
31 October 2022
35,538
6,131
**NET BOOK VALUE**
**At**
**31 October 2022**
32,045
1,466
**At**
**31 October 2021**
38,761
1,955
**10**
**Debtors**
31 October 2022
£
Trade debtors
-
Prepayments
11,749
VAT Repayable
-
11,749
**11**
**Creditors: amounts falling due within one year**
31 October 2022
£
Trade creditors
42,498
Advance payments
43,574
Other taxation & social security
21,838
Accruals
990
Pension creditor
772
Corporation tax
(108)
109,564
**12**
**CREDITORS > I YEAR**
31 October 2022
£
Bounce Back Loan
39,996
39,996|Total
£
71,214
3,966
75,180
30,498
11,171
41,669
33,511
40,716
31 October 2021
£
25,354
9,777
-
35,131
31 October 2021
£
47,281
47,799
2,989
2,015
524
-
100,608
31 October 2021
£
50,000
50,000|Total
£
71,214
3,966
75,180
30,498
11,171
41,669
33,511
40,716
31 October 2021
£
25,354
9,777
-
35,131
31 October 2021
£
47,281
47,799
2,989
2,015
524
-
100,608
31 October 2021
£
50,000
50,000|
|---|---|---|
|||50,000|
Page 15
## **Derwentwater Independent Hostel**
## **Notes to the Financial Statements for the year ended 31 October 2022**
**13 Funds** At Incoming Outgoing At 1 November 2021 Resources Resources Transfers 31 October 2022 **Projects & Restricted fun** £ £ £ £ £ **Designated Funds** Refurbishment Reserve - - - - - - - - - -
|**14**
**Net Assets by fund**
Tangible fixed assets
Investments
Current assets
Creditors: amounts falling
within one year
**Total net assets**|Restricted
Unrestricted Designated
£
£
£
-
33,511
-
-
-
-
-
366,075
-
-
(109,564)
-
-
250,026
-|Total
£
33,511
-
366,075
(109,564)|
|---|---|---|
|||250,026|
## **15 Members liability**
The liability of the members is limited. Every member of the charity undertakes to contribute to the assets of the charity in the event of the organisation being wound up while he or she is a member, or within one year after he or she ceases to be a member, for payment of the debts and liabilities of the charity contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, but not exceeding £1.
Page 16
## **Derwentwater Independent Hostel**
**Financial Statements for the year ended 31 October 2022**
The following pages do not form part of the Statutory Accounts
## **Derwentwater Independent Hostel Income and Expenditure Account for the year ended 31 October 2022**
|**INCOMING RESOURCES**
**Donations and gifts**
Sundry donations
**Grants receivable**
Allerdale Business Support Grant
Job Retention Scheme Grant
**Investment income**
Bank interest received
**INCOME FROM CHARITABLE ACTIVITIES**
**Hostel income**
Overnight income
Cancellation charge
Catering income
Alcohol sales
Shop sales
Activities
Hydro income
**Total income**|**31 October 2022**
5
5
4,000
251
4,251
16
16
266,591
14,826
145,311
18,490
6,230
392
1,660
453,500
457,772|**31 October 2021**
-
-
27,950
50,046
77,996
246
246
171,175
10,975
64,278
11,116
5,902
-
1,025
264,471
342,713|**31 October 2021**
-
-
27,950
50,046
77,996
246
246
171,175
10,975
64,278
11,116
5,902
-
1,025
264,471
342,713|
|---|---|---|---|
||4,000
251|27,950
50,046||
||16|246||
||266,591
14,826
145,311
18,490
6,230
392
1,660|171,175
10,975
64,278
11,116
5,902
-
1,025||
|||||
||||342,713|
Appendix i
## **Derwentwater Independent Hostel Income and Expenditure Account for the year ended 31 October 2022**
|**Incoming resources, brought forward**
**RESOURCES EXPENDED**
**Purchases**
Food purchases
Alcohol purchaes
Shop expenditure
Activities expenditure
Commission payable
**Staff costs**
Wages
Employers NIC
Staff accomodation deduction
Staff food deduction
Employer pension
Travel
Recruitment
**Administration**
Stationery and printing
Postage
Telephone and internet
Computer & website expenses
Subscriptions
Sundry expenses
**Marketing and Advertising**
Advertising
Resources expended carry forward|**31 October 2022**
£
£
457,772
49,134
9,473
2,318
160
9,795
70,880
164,473
7,269
(11,954)
(5,232)
3,116
-
956
158,628
645
6
2,722
6,463
212
327
10,375
1,139
1,139
241,022|**31 October 2021**
£
£
342,713
26,118
6,768
583
-
5,625
39,094
134,136
3,836
(12,326)
(6,692)
2,089
-
82
121,125
1,036
41
1,836
458
335
139
3,845
2,595
2,595
166,659|
|---|---|---|
Appendix ii
## **Derwentwater Independent Hostel Income and Expenditure Account for the year ended 31 October 2022**
|**RESOURCES EXPENDED (brought forward)**
**Premises and other costs**
Rates and water
Insurance
Repairs and renewals
Laundry and cleaning
Trade refuse
Light and heat
Rent
**Interest and charges**
Bank charges
**Depreciation**
Equipment
**Legal and Professional**
Accountancy Fee
Consultancy
Professional fees
Total Resources Expended
**Net Incoming / (Outgoing) Resources**|**31 October 2022**
£
£
241,022
8,692
7,475
17,605
19,193
5,568
29,843
57,180
145,556
4,357
5,485
11,170
11,170
890
-
342
1,232
404,465
**53,307**|**31 October 2021**
£
£
166,659
6,237
7,049
63,680
9,756
3,490
14,533
33,495
138,240
3,152
3,152
13,572
13,572
890
1,320
3,515
5,725
327,348
**15,365**|**31 October 2021**
£
£
166,659
6,237
7,049
63,680
9,756
3,490
14,533
33,495
138,240
3,152
3,152
13,572
13,572
890
1,320
3,515
5,725
327,348
**15,365**|
|---|---|---|---|
||4,357|3,152||
||11,170|13,572||
||890
-
342|890
1,320
3,515||
|||||
||||327,348|
|||||
||||**15,365**|
Appendix iii