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|Trustees||B D Herdman|(Chairman|(Chairman|ofthe Board ofTrustees)|||
|---|---|---|---|---|---|---|---|
|||CJBocock||||||
|||C R Chandler||||||
|||S Molyneux||||||
|||G Purcell||||||
|||F E Howarth|||(Appointed|10May|2023)|
|||All the above|are|also directors for the purpose of||Company|Law.|
|Charity number||1146772||||||
|Chief Executive Officer||Annie Robson||||||
|||(Appointed
as|a director||28 September 2022)|||
|Company|number|07881905||||||
|Registered|office|Community
Centre||||||
|||52 Prospect Close||||||
|||Malvern||||||
|||Worcestershire||||||
|||WR'l4 2FD
Malvern||||||
|Auditor||Kendall Wadley LLP||||||
|||Granta Lodge||||||
|||71 Graham
Road||||||
|||Worcestershire||||||
|||WR142JS||||||
|Bankers||CAF Bank||||||
|||25 Kings
Hill||||||
|||West Mailing||||||
|||Kent||||||
|||ME194JQ||||||
|||HSBC Malvern||||||
|||1 Church Street||||||
|||Malvern||||||
|||WR14 2AB||||||
|||The Charity Bank||Limited||||
|||Fosse House||||||
|||182High Street||||||
|||Tonbridge||||||
|||TN9 1BE||||||
|Investment|provider|United Trust Bank Limited||||||
|||One Ropemaker||Street||||
|||London||||||
|||EC2 9AW||||||
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|||Page|
|---|---|---|
|Trustees'
report||1-7|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|9-11|
|Statement
offinancial|activities|12-13|
|Balance sheet||14|
|Statement ofcash flows|||
|Notes to the financial|statements|16-27|
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|Current financial year||||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|||
|||||2023|2023|2023|2022|
||||Notes|E||||
|Income from:||||||||
|Donations,
grants and other charitable||income||167,819|650,069|807,888|671,298|
|Fundraising||||7,121||7,121|5,938|
|Investments||||1,571||1,571|1,019|
|Total Income||||166,511|650,069|816,680|578,256|
|E
enditure
on:||||||||
|Raising funds||||4,018||4,018|3,246|
|Charitable
activities||||152,043|565,669|707,712|528,660|
|Total expenditure||||156,061|555,669|711,730|531,905|
|Net incoming resources|before transfers|||10,450|94,400|104,850|46,350|
|Gross transfers
between|funds|||(190)|190|||
|Net Income for the year/||||||||
|Net movement
In funds||||10,260|94,690|104,850|46,350|
|Fund balances at 1 April|2022|||307,860|614|308,474|262,124|
|Fund balances at 31 March 2023||||318,120|95,204|413,324|308,474|
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|Prior financial|year|||||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds||
||||||2022|2022||
|||||Notes||E||
|income from:||||||||
|Donations,
grants and other charitable|||income||162,108|409,190|571,298|
|Fundraising|||||5,938||5,938|
|Investments|||||1,019||1,019|
|Total income|||||169,065|409,190|578,255|
|Ex endlture on:||||||||
|Raising funds|||||3,245||3,245|
|Charitable
activities|||||119,198|409,462|528,660|
|Total expenditure|||||122,443|409,462|531,905|
|Net incoming resources||before transfers|||46,622|(272)|46,350|
|Gross transfers|between|funds|||12,591|(12,591)||
|Net income for the year/||||||||
|Net movement|in funds||||59,213|(12,863)|46,350|
|Fund balances|at 1 April|2021|||248,647|13,477|262,124|
|Fund balances|at 31 March 2022||||307,860|614|308,474|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|E||||
|Current assets|||||||||
|Debtors||||12|31,864||24,608||
|Investments||||13|||80,049||
|Cash at bank and||in|hand||397,963||281,879||
||||||429,827||386,536||
|Creditors:|amounts||falling due within||||||
|one year||||14|(16,503)||(78,062)||
|Net current|assets|||||413,324||308,474|
|Income funds|||||||||
|Restricted|funds|||||95,204||614|
|Unrestricte|fu ds||||||||
|Designated|funds||||90,045||90,721||
|General
unrestricted|||funds||228,075||217,139||
|||||||318,120||307,860|
|||||||413,324||308,474|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
||||Notes||||||
|Cash flows from operating||activities|||||||
|Cash generated
from operations|||20|||33,941||100,736|
|investing|activities||||||||
|Proceeds|on disposal of investments|||80,049|||(1,299)||
|Investment|income received|||2,094|||1,642||
|Net cash|generated
from|investing|||||||
|activities||||||82,143||343|
|Net cash|used in flnanclng|activities|||||||
|Net increase
in cash and||cash equivalents||||116,084||101,079|
|Cash and|cash equivalents|at beginning|of year|||281,879||180,800|
|Cash and|cash equivalents|at end of|year|||397,963||281,879|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
||||||F||P.|
|Voluntary
income||||||||
|Public donations||6,607||6,607|6,488||6,488|
|Trusts||4,000|27,500|31,500|3,000|16,000|19,000|
|Pershore|Food Bank||4,207|4,207||5,609|5,609|
|Ledbury|Food Bank||7,561|7,561||4,445|4,445|
|Malvern|Hiils Food Bank||5,992|5,992||||
|Droitwlch|Spa Food Bank||4,65'l|4,651||||
|Sundry income||1,750|1,650|3,400|25|700|725|
|||12,357|51,561|63,918|9,513|26,754|36,267|
|Rental income||280||280||||
|Local Authorities||||||||
|Droitwich|Town Council|4,000||4,000|4,000||4,000|
|Evesham|Town Council|3,000||3,000|3,000||3,000|
|Ledbury|Town Council||5,000|5,000||5,000|5,000|
|Malvern|Hills District|||||||
|Council||66,670|236,049|302,719|66,670|57,161|123,831|
|Malvern|Town Council|16,000||16,000|16,000||16,000|
|Parish Councils||3,450||3,450|2,850||2,850|
|Pershore|Town Council||||2,000||2,000|
|Tenbury|Town Council|1,000||1,000|1,000||1,000|
|Worcs. County Council||||||||
|Contract|||56,618|56,618||48,432|48,432|
|Covld focus group||||||4,000|4,000|
|Wychavon
District||||||||
|Council||37,500|95,127|132,627|43,792|61,299|105,091|
|||'l31,620|392,794|524,414|139,312|175,892|315,204|
|Organisations
Funded||||||||
|from Government||||||||
|Sources||||||||
|Money Advice Service|||51,394|51,394||41,340|41,340|
|Universal|Credit||(190)|(190)||88,674|88,674|
|Citizens|Advice||15,000|15,262|||243|
|NHS|||139,510|139,510||76,530|76,530|
|Covid-1 9response||||||||
|||262|205,7'l 4|205,976|243|206,544|206,787|
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|3|Donations„grants|Donations„grants|and other charitable|income||||(Continued)|
|---|---|---|---|---|---|---|---|---|
||Trusts Housing||||||||
||Associations
and||||||||
||Corporate Bodies||||||||
||Rooftop Housing|Group|||||||
||Limited||12,500||12,500|12,600||12,500|
||Others||800||80O|54O||640|
||||13,300||13,300|13,040||13,040|
||||157,819|650,069|807,888|162,108|409,190|571,298|
##
||||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
||||||funds||funds|
||||||2023||2022|
||Fundraising|events|||7,121||5,938|
|5|Investments|||||||
||||||Unrestricted||Unrestricted|
||||||funds||funds|
||||||2023||2022|
||interest receivable||||1,571||1,019|
|6|Raising funds|||||||
||||||Unrestricted||Unrestricted|
||||||funds||funds|
||||||2023||2022|
||Fundralsin|and|bli|i||||
||Other fundral|sing|costs||4,018||3,245|
||||||4,018||3,246|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||||f|
|Staff costs||(including|non-payroll|costs)|398,078|352,434|
|Volunteer|costs||||43|1,145|
|Operating||costs|||34,526|32,409|
|Property|costs||||46,122|45,099|
|Grants|||||226,550|95,040|
||||||705,319|526,127|
|Governance
costs|||||2,393|2,533|
||||||707,712|528,660|
|Analysis|by fund||||||
|Unrestricted||funds|||152,043|119,198|
|Restricted||funds|||555,669|409,462|
||||||707,712|528,660|
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|The average
monthly
number ofemployees
during
th|e year was:||
|---|---|---|
||2023|2022|
||Number|Number|
|||19|
|Employnient
costs||20Z2|
|Wages and salaries|357,119|317,886|
|Social security costs|19,960|18,283|
|Other pension costs|17,225|15,120|
||394,304|351,289|
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|14|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2023f||
||Trade creditors||7,411|2,456|
||Other creditors||2,936|57,983|
||Accruals and deferred|income|6,156|17,623|
||||16,503|78,062|
##
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|The income|The income|funds of the charity|funds of the charity|funds of the charity|include|restricted|restricted|funds|comprising|the following|the following|unexpended|unexpended|unexpended|balances|of|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|donations|and||grants|held on trust for specific purposes,|||||all other restricted||monies||received|in the period|||
|were fully expended:|||||||||||||||||
||||Balance at Net movement||||Transfers||Balance at Net movement||||Transfers||Balance at||
||||1April 2021||||||1April 2022|||||31 March 2023|||
|||||f.||||E||||||E|||
|Malvern|||||||||||||||||
|Hardship|||||||||||||||||
|Fund|||||(272)||||614|||||||614|
|Universal|||||||||||||||||
|Credit|||||||||||(190)||190||||
|Covld - 19||||12,591|||(12,591)||||||||||
|Household|||||||||||||||||
|Support|||||||||||||||||
|MHDC||||||||||22,700|||||22,700||
|Household|||||||||||||||||
|Support|||||||||||||||||
|Wychavon|||||||||||7,521||||7,521||
|Alternative||to|||||||||||||||
|Healthy|||||||||||||||||
|Minds|||||||||||7,429||||7,429||
|Ledbury|||||||||||||||||
|Foodbank|||||||||||1,523||||1,523||
|Money|||||||||||||||||
|Management|||||||||||||||||
|Debt|||||||||||||||||
|Assessment||||||||||15,000|||||15,000||
|Being Well||||||||||18,750|||||18,750||
|Cost of Living|||||||||||||||||
|Sub Grant||||||||||15,000|||||15,000||
|Ukranian|||||||||||||||||
|Support to|||||||||||||||||
|Claim|||||||||||6,667||||6,667||
|||||13,477|(272)||(12,591)||614|94,400|||190||95,204||
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||||Balance at|Transfers|Balance at|Resources|Balance at|
|---|---|---|---|---|---|---|---|
|||1|April 2021||1April 2022|expended
31
f|March 2023|
|Base|costs||31,000|59,721|90,721|(676)|90,045|
||||31,000|59,72 "i|90,721|(676)|90,045|
|C)||||
|---|---|---|---|
|||N|CV|
|||C)
0)|C)
CA|
|||CA|0)|
|||t||
|||CV|C4|
|||N|CV|
|||CO||
|||CO|C9|
||||8|
|||CV||
|CVa|Ck|EO
C)|lAo|
|CV||D|C)|
|||CA|CD|
||||lO|
||||C)|
##
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||2023|2022|
|---|---|---|
|Within one year|17,500|17,500|
|Between two and five years|14,808|32,308|
||32,308|49,808|
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|||||||
|---|---|---|---|---|---|
|Cash generated
from|operatio|ns||2023|2022|
|Surplus for the year||||104,850|46,350|
|Adjustments
for:||||||
|Investment
income recognised||in statement|offinancial activities|(1,571)|(1,019)|
|Movements
in working|capital:|||||
|(Increase)
in debtors||||(7,779)|(1,635)|
|(Decrease)/increase
in|creditors|||(61,559)|57,040|
|Cash generated
from|operations|||33,941|100,736|