```
REGISTERED COMPANY NUMBER: 07713526 (England and Wales)
REGISTERED CHARITY NUMBER: 1147146
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
```
## **`FOR`**
```
THE HUT YORK LIMITED
```
```
UHY Calvert Smith
Chartered Accountants
Heritage House
Murton Way
Osbaldwick
York
YO19 5UW
```
```
THE HUT YORK LIMITED
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
```
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`3`|
|**`Independent Examiner's Report`**||`4`||
|**`Statement of Financial Activities`**||`5`||
|**`Balance Sheet`**|`6`|`to`|`7`|
|**`Notes to the Financial Statements`**|`8`|`to`|`17`|
|**`Detailed Statement of Financial Activities`**|`18`|`to`|`19`|
```
THE HUT YORK LIMITED
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
```
```
Thetrusteeswhoarealsodirectorsof thecharityforthepurposesof theCompaniesAct 2006,presenttheirreportwith the
financialstatementsof thecharityfortheyearended31 July2021.Thetrusteeshaveadoptedtheprovisionsof Accounting
andReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January
2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The Charity's aims are:
```
```
- To improve the quality of life for our members through purposeful activity and learning opportunities
```
```
- Providing a meaningful, purposeful, and educational occupation in a safe space to our members
```
```
- Helpingour membersto feelvaluedand listenedto, enablingmembersto developresponsibilityand respectthrough social
contact and being part of our growing community.
```
## **`Background`**
```
TheHutYorkLimited,isaregisteredcharityandlimitedcompanyestablishedin2011by3seniornursesworking in
residentialcare.It was createdin responseto an increasingneedfor day facilitiesin York and to providepurposeful activities
and support primarily for people with enduring mental health issues and/or learning disabilities.
```
```
TheHutbuildingsaresinglestoreywheelchairaccessible.ThemainHutbuildingwaspreviouslyleasedfromYork City
Council.Subsequently,we acquiredan assettransferfor the mainbuildingand alsofor an adjacentbuildingnow referred to
asTheHubble.ThecharityislocatedonWiggintonRoadneartoYorkHospitalwithgoodbusroutes,andaplace for
members to be dropped off by car.
```
```
Ourserviceisopentoanyindividualwhoseneedswecanmeet,althoughmostofourmembersareadultswith enduring
mentalhealthissuesand/orlearningdisabilities,we openour servicesto the widerpublicprovidingthat we arein a position
to meet their needs.
```
```
TheHutoffersasafespacewherememberscanaccessawiderangeofactivitiesandlearningopportunities.We provide
arts,craftsandmusicsessions,promotingphysicalwellbeingwithgamessessionsandchair-basedexercisesaswell as
healthy eating advice.
```
```
WeholdaweeklyMen'sLunchingClubgivingparticipantstheopportunitytotalkaboutanythingina non-judgemental
environment, opening the door to respectful debate, forging bonds and friendships, and encouraging peer help and advice.
```
```
Werunsocialskillsandworkexperienceprogrammes,promotinglearning,confidencebuildingandimproving self-esteem.
SteppingStonescontinuedthisyear,lookingatlifeanddailylivingskills.ThisisnowknownasTheHubbleHealth and
Wellbeingprogramme,formerlyknownastheAspireProgramme,whichrunssessionsincluding:MyJourney, Moving
Forward, Hut Scribes, Hut Made, Members Development Committees and Next Steps.
```
```
We runa HearingVoicesweeklysessionforvoicehearerswheresharedexperiencesandacceptancehelpto reduce feelings
ofsocialisolationandhelpmembersfeelvaluedandunderstood.WeholdworkshopsfromMEG(MEG-Music Education
Group), workshops in food craft, art and craft, pottery, fine art and printing.
```
```
We encourage and promote socialising, giving members confidence and alleviating loneliness.
```
```
Theserviceofferstrainingopportunitiestobothmembersandvolunteers(helpingtopopulateCVsandinterviewskills) and
offers bespoke training in all aspects of health and social care to a local group of care homes.
```
```
-1-
```
```
THE HUT YORK LIMITED
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
```
## **`The Charity's aims`**
```
Asamembersledcharitytheopinionsofourmembersareattheforefrontofdecisionswemake.Weholda monthly
membersdevelopmentgroupthatcaptureswhatisimportanttothemandthebenefitsofhavingTheHut,aservice that
meets the needs of so many.
```
## **`Significant events during the year`**
## **`Impact of COVID-19`**
```
Duringthecurrentandprioryear,startingfromMarch2020,TheHutYorkLimitedwastemporarilyclosedas a resultof the
COVID-19pandemicrestrictions.ThisclosurelasteduntilSeptember2020.DuringtheperiodJanuary- March2021The Hut
was temporarilyclosedagain.In total,this has reducedthe currentaccountingyearto an effective8 monthsof trading. The
charityhas madeuseof theCoronavirusJob RetentionSchemein thecurrentandprioryears,to helpalleviatethe financial
impactofthepandemicandtorestartoperationspostlockdowns.Thankfully,theTrusteesarenotawareofany significant
going concern risks as a result of the pandemic.
```
## **`Opening of The Hubble`**
```
Attheendoftheperiod,theCharitycompletedthedevelopmentof'TheHubble',anewbuildingusedtoassistwith the
expansion of our service, to further meet the needs of our beneficiaries.
```
## **`Appraisal of finances`**
```
We generate income from session fees, donations and specific funding.
```
```
Thislastyeartheincomehasbeenspentonorganisationalrunningcosts.Theseincludebuildingcharges,anaverageof 4
staff salaries, the cost of training volunteers and materials for the sessions offered to our members.
```
## **`Reserves policy`**
```
TheHutaimstoholdsufficientreservestomeetongoingrunningcostsandprovidereasonablefinancialsecurityfor the
charity.
```
## **`Philosophy`**
```
Webelieveweallneedpurpose.It'saprovenfactthatwhenpeoplewithmentalhealthillnesshavefocusandpurpose in
theirlivestheirsymptomsaremoremanageable,andqualityof lifeis better.Ourmembers'opinionsareat theforefront of
our decisions.
```
## **`Vision`**
```
Ourvisionisofasustainableandwideprogrammeofactivitiesandeducationalcoursesforpeoplewithenduring mental
health issues and/or learning disabilities, based on our members' aspirations and goals for the future.
```
## **`Statutory declaration`**
```
ThetrusteeshavecompliedwiththeirdutyundertheCharitiesAct2011tohavedueregardtopublicbenefit guidance
published by the Charities Commission.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocuments,itsmemorandumandarticles,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
```
```
-2-
```
```
THE HUT YORK LIMITED
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Recruitment and appointment of new trustees`**
```
ThepolicyfortherecruitmentofTrusteesisthatofrecommendation.ProspectiveTrusteesarerequiredtoprovide a
CurriculumVitaeinadvance,whichwillbereviewedbytheexistingboardmembersinconsiderationofeligibilityand the
needsof the organisation.An interviewwiththe existingboardmembersis then arranged,and on completiona vote is taken
in the absence of the candidate, before a final decision is announced.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
07713526 (England and Wales)
```
## **`Registered Charity number`**
```
1147146
```
## **`Registered office`**
```
5 Rawcliffe Landing
York
North Yorkshire
YO30 1XL
```
## **`Trustees`**
```
Mrs L Dexter
Mrs P Graver
Dr D Geddes
R C Dixon
R Buglass
Ms M Chung
Mrs C Porter
B Joscelyne
Mrs B Riley
```
## **`Independent Examiner`**
```
Linda Hare FCCA CTA
UHY Calvert Smith
Chartered Accountants
Heritage House
Murton Way
Osbaldwick
York
YO19 5UW
```
```
Approved by order of the board of trustees on 27 April 2022 and signed on its behalf by:
```
```
R Buglass - Trustee
```
```
-3-
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE HUT YORK LIMITED
```
## **`Independent examiner's report to the trustees of The Hut York Limited ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2021.
```
## **`Responsibilities and basis of report`**
```
As the charity'strusteesof the Company(andalsoits directorsforthe purposesof companylaw)you areresponsiblefor the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 ofthe2006Act and
areeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsascarried out
undersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedthe Directions
given by the Charity Commission under section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
I havecompletedmy examination.I confirmthatno mattershavecometo my attentionin connectionwiththe examination
giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
I haveno concernsand havecomeacrossno othermattersin connectionwiththe examinationto whichattentionshould be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Linda Hare FCCA CTA
UHY Calvert Smith
Chartered Accountants
Heritage House
Murton Way
Osbaldwick
York
YO19 5UW
```
```
27 April 2022
```
```
-4-
```
```
THE HUT YORK LIMITED
```
## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2021`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`3`
**`51,578`**
**`Charitable activities`**
`4`
`Day facilities and activities`
**`15,381`**
`Training and room hire`
**`21,360`**
**`Total`**
**`88,319`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Day facilities and activities`
**`77,350`**
**`NET INCOME`**
**`10,969`**
**`Transfers between funds`**
`13`
**`93,686`**
**`Net movement in funds`**
**`104,655`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`23,920`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`128,575`**|`Restricted`
`funds`
`£`
**`69,273`**
**`-`**
**`-`**
**`69,273`**
**`8,876`**
**`60,397`**
**`(93,686)`**
**`(33,289)`**
**`48,840`**
**`15,551`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`120,851`**
**`15,381`**
**`21,360`**
**`157,592`**
**`86,226`**
**`71,366`**
**`-`**
**`71,366`**
**`72,760`**
**`144,126`**|`2020`
`Total`
`funds`
`£`
`85,459`
`13,913`
`23,600`|
|---|---|---|---|
||||`122,972`
`79,656`|
||||`43,316`
`-`|
||||`43,316`
`29,444`|
||||`72,760`|
```
The notes form part of these financial statements
```
```
-5-
```
```
THE HUT YORK LIMITED (REGISTERED NUMBER: 07713526)
```
## **`BALANCE SHEET 31 JULY 2021`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`106,962`**
**`CURRENT ASSETS`**
`Debtors`
`11`
**`114`**
`Cash at bank and in hand`
**`43,059`**
**`43,173`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(21,560)`**
**`NET CURRENT ASSETS`**
**`21,613`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`128,575`**
**`NET ASSETS`**
**`128,575`**
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`15,551`**
**`15,551`**
**`-`**
**`15,551`**
**`15,551`**
**`15,551`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`106,962`**
**`114`**
**`58,610`**
**`58,724`**
**`(21,560)`**
**`37,164`**
**`144,126`**
**`144,126`**
**`128,575`**
**`15,551`**
**`144,126`**|`2020`
`Total`
`funds`
`£`
`-`
`2,323`
`73,211`|
|---|---|---|---|
||||`75,534`
`(2,774)`|
||||`72,760`|
||||`72,760`|
||||`72,760`|
||||`23,920`
`48,840`|
||||`72,760`|
```
The charitablecompanyis entitledto exemptionfromauditunderSection477 of the CompaniesAct 2006 for the year ended
31 July 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended31July 2021
in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable 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 charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
-6-
```
```
THE HUT YORK LIMITED (REGISTERED NUMBER: 07713526)
```
## **`BALANCE SHEET - continued`**
## **`31 JULY 2021`**
```
Thesefinancialstatementshavebeenpreparedin accordancewiththe provisionsapplicableto charitablecompanies subject
to the small companies regime.
```
```
The financialstatementswereapprovedby theBoardof Trusteesand authorisedforissueon 27 April2022 and were signed
on its behalf by:
```
```
R Buglass - Trustee
```
```
The notes form part of these financial statements
```
```
-7-
```
```
THE HUT YORK LIMITED
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
```
## **`1. CHARITY INFORMATION`**
```
TheHutYorkLimitedisa privatecharitablecompany,limitedbyguarantee,registeredwiththeCharity Commission
in England and Wales.
```
```
The address of its registered office is 5 Rawcliffe Landing, York, North Yorkshire, YO30 1XL.
```
## **`2. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102 'TheFinancialReportingStandardapplicableintheUKandRepublicof Ireland'andtheCompanies Act
2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedas expenditureas soonas thereisa legalorconstructiveobligationcommittingthe charity
to that expenditure,it is probablethat a transferof economicbenefitswillbe requiredin settlementand the amount
of theobligationcanbe measuredreliably.Expenditureis accountedforon an accrualsbasisandhas been classified
underheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributed to
particular headings they have been allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
```
```
Freehold property- 5% straight line
Fixtures and fittings- 20% straight line
```
```
Depreciation charges commence from when an asset is brought into use by the charity.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
InaccordancewiththeCharitiesSORP(FRS102),fixedassetsacquiredusingrestrictedincomeareclassified as
unrestricted when this is consistent with their use.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
```
continued...
```
```
-8-
```
```
THE HUT YORK LIMITED
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021
```
## **`2. ACCOUNTING POLICIES - continued`**
## **`Hire purchase and leasing commitments`**
```
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straightlinebasis over
the period of the lease.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
## **`Reclassification of income`**
```
Incomefrommembers'sessionfeesandfromtrainingdeliveredbythecharityhasbeenreclassifiedas charitable
activities,havingpreviouslybeenincludedasothertradingactivities.Thisclassificationisconsideredto better
represent the nature of these activities, in accordance with the Charity SORP (FRS102).
```
```
This change has no effect on the previously stated results or financial position of the charity.
```
## **`3. DONATIONS AND LEGACIES`**
|`Grants and donations received`
`Fundraising committee`|**`2021`**
**`£`**
**`120,847`**
**`4`**
**`120,851`**|`2020`
`£`
`83,387`
`2,072`|
|---|---|---|
|||`85,459`|
```
ThefundraisingcommitteeisseparatetoTheHut.Theyraiseincomeforthecharitythrougha rangeof fundraising
events. The net proceeds from these events are paid to The Hut and shown as donations per the above note.
```
```
Grants and donations received, included in the above, are as follows:
```
## **`Grants and donations received`**
||**`2021`**|`2020`|
|---|---|---|
||**`£`**|`£`|
|`Charitable grants and donations received`|**`117,328`**|`56,031`|
|`COVID-19 grant`|**`-`**|`10,000`|
|`Coronavirus job retention scheme income`|**`3,522`**|`17,357`|
||||
||**`120,850`**|`83,388`|
||||
```
continued...
```
```
-9-
```
```
THE HUT YORK LIMITED
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021
```
|**`4.`**|**`INCOME FROM CHARITABLE ACTIVITIES`**|**`INCOME FROM CHARITABLE ACTIVITIES`**||||
|---|---|---|---|---|---|
|||||**`2021`**|`2020`|
|||`Activity`||**`£`**|`£`|
||`Fees`|`Day facilities and activities`||**`15,381`**|`13,913`|
||`Training and room hire`|`Training and room hire`||**`21,360`**|`23,600`|
|||||**`36,741`**|`37,513`|
|**`5.`**|**`SUPPORT COSTS`**|||||
||||`Organisational`|||
||||`running`|||
||||`costs`|`Finance`|`Totals`|
||||`£`|`£`|`£`|
||`Day facilities and activities`||**`86,194`**|**`32`**|**`86,226`**|
||`Support costs, included in the`|`above, are as follows:`||||
||**`Organisational running costs`**|||||
|||||**`2021`**|`2020`|
|||||`Day`||
|||||`facilities`||
|||||`and`|`Total`|
|||||`activities`|`activities`|
|||||**`£`**|`£`|
||`Wages and salaries`|||**`58,390`**|**`61,107`**|
||`Social security`|||**`899`**|**`1,354`**|
||`Pensions`|||**`1,566`**|**`1,657`**|
||`Equipment hire`|||**`1,482`**|**`1,507`**|
||`Rent and rates`|||**`769`**|**`(73)`**|
||`Accountancy and professional`|||**`2,902`**|**`2,936`**|
||`Activities`|||**`1,480`**|**`351`**|
||`Materials`|||**`1,695`**|**`1,348`**|
||`Telephone`|||**`1,561`**|**`871`**|
||`Postage and stationery`|||**`571`**|**`348`**|
||`Sundries`|||**`369`**|**`210`**|
||`Advertising and promotion`|||**`296`**|**`506`**|
||`Insurance`|||**`642`**|**`555`**|
||`Light and heat`|||**`4,937`**|**`3,277`**|
||`Repairs and renewals`|||**`3,657`**|**`2,205`**|
||`Cleaning`|||**`2,036`**|**`1,119`**|
||`Bad debts`|||**`2,149`**|**`-`**|
||`Depreciation of tangible and heritage assets`|||**`323`**|**`-`**|
||`Training`|||**`470`**|**`311`**|
|||||**`86,194`**|**`79,589`**|
```
continued...
```
```
-10-
```
```
THE HUT YORK LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021`**
## **`5. SUPPORT COSTS - continued Finance`**
|**`SUPPORT COSTS - continued`**
**`Finance`**|||
|---|---|---|
||**`2021`**|`2020`|
||`Day`||
||`facilities`||
||`and`|`Total`|
||`activities`|`activities`|
||**`£`**|`£`|
|`Bank charges`|**`32`**|**`67`**|
## **`6. NET INCOME/(EXPENDITURE)`**
```
Net income/(expenditure) is stated after charging/(crediting):
```
||**`2021`**|`2020`|
|---|---|---|
||**`£`**|`£`|
|`Depreciation - owned assets`|**`323`**|`-`|
|`Hire of plant and machinery`|**`1,482`**|`1,507`|
|`Independent examiner's fee (inclusive of VAT)`|**`1,356`**|`1,145`|
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2021norfortheyearended 31
July 2020.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
```
## **`8. STAFF COSTS`**
||**`2021`**|`2020`|
|---|---|---|
||||
|`Wages and salaries`|**`58,390`**|`61,107`|
|`Employer's National Insurance`|**`899`**|`1,354`|
|`Pensions`|**`1,566`**|`1,657`|
||||
||**`60,855`**|`64,118`|
||||
|`The average monthly number of employees during the year was as follows:`|||
||**`2021`**|`2020`|
||||
|`Employees`|**`4`**|`5`|
||||
```
No employees received emoluments in excess of £60,000.
```
## **`Key Management Personnel:`**
```
continued...
```
```
-11-
```
```
THE HUT YORK LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021`**
## **`8. STAFF COSTS - continued`**
```
ThekeymanagementpersonnelofthecharityareconsideredtobetheTrustees.TheTrusteeswere not
remunerated for their work.
```
## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`59,205`
**`Charitable activities`**
`Day facilities and activities`
`13,913`
`Training and room hire`
`23,600`
**`Total`**
`96,718`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Day facilities and activities`
`72,328`
**`NET INCOME`**
`24,390`
**`Transfers between funds`**
`(18,995)`
**`Net movement in funds`**
`5,395`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`18,526`
**`TOTAL FUNDS CARRIED FORWARD`**
`23,921`|`Restricted`
`funds`
`£`
`26,254`
`-`
`-`
`26,254`
`7,328`
`18,926`
`18,995`
`37,921`
`10,918`
`48,839`|`Total`
`funds`
`£`
`85,459`
`13,913`
`23,600`|
|---|---|---|
|||`122,972`
`79,656`|
|||`43,316`
`-`|
|||`43,316`
`29,444`|
|||`72,760`|
```
continued...
```
```
-12-
```
```
THE HUT YORK LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021`**
|**`10.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 August 2020`
`Additions`
`At 31 July 2021`
**`DEPRECIATION`**
`At 1 August 2020`
`Charge for year`
`At 31 July 2021`
**`NET BOOK VALUE`**
`At 31 July 2021`
`At 31 July 2020`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other debtors`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Social security and other taxes`
`Other creditors`
`Credit card`
`Accrued expenses`|`Freehold`
`property`
`£`
**`-`**
**`105,668`**
**`105,668`**
**`-`**
**`-`**
**`-`**
**`105,668`**
`-`|`Fixtures`
`and`
`fittings`
`£`
**`2,828`**
**`1,617`**
**`4,445`**
**`2,828`**
**`323`**
**`3,151`**
**`1,294`**
`-`
**`2021`**
**`£`**
**`114`**
**`2021`**
**`£`**
**`319`**
**`929`**
**`15,164`**
**`908`**
**`4,240`**
**`21,560`**|`Fixtures`
`and`
`fittings`
`£`
**`2,828`**
**`1,617`**
**`4,445`**
**`2,828`**
**`323`**
**`3,151`**
**`1,294`**
`-`
**`2021`**
**`£`**
**`114`**
**`2021`**
**`£`**
**`319`**
**`929`**
**`15,164`**
**`908`**
**`4,240`**
**`21,560`**|`Totals`
`£`
**`2,828`**
**`107,285`**|`Totals`
`£`
**`2,828`**
**`107,285`**|`Totals`
`£`
**`2,828`**
**`107,285`**|
|---|---|---|---|---|---|---|
|||||**`110,113`**|||
|||||**`2,828`**
**`323`**|||
|||||**`3,151`**|||
|||||**`106,962`**|||
|||||||`-`|
|||||||`2020`
`£`
`2,323`|
|||||||`2020`
`£`
`112`
`664`
`317`
`380`
`1,301`|
|||||||`2,774`|
```
continued...
```
```
-13-
```
```
THE HUT YORK LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021`**
## **`13. MOVEMENT IN FUNDS`**
|`Net`
`movement`
`At 1.8.20`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General`
**`23,920`**
**`10,969`**
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
**`2,567`**
**`(12)`**
`Phase 1 - Hubble Project`
**`44,407`**
**`59,287`**
`Other Small Restricted Funds`
**`1,372`**
**`1,122`**
`Phase 2 - The Hut Renovations`
**`494`**
**`-`**
**`48,840`**
**`60,397`**
**`TOTAL FUNDS`**
**`72,760`**
**`71,366`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General`
**`88,319`**
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
**`2,765`**
`Phase 1 - Hubble Project`
**`64,787`**
`Other Small Restricted Funds`
**`1,721`**
**`69,273`**
**`TOTAL FUNDS`**
**`157,592`**|`Transfers`
`between`
`At`
`funds`
`31.7.21`
`£`
`£`
**`93,686`**
**`128,575`**
**`1,661`**
**`4,216`**
**`(94,970)`**
**`8,724`**
**`(377)`**
**`2,117`**
**`-`**
**`494`**
**`(93,686)`**
**`15,551`**
**`-`**
**`144,126`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(77,350)`**
**`10,969`**
**`(2,777)`**
**`(12)`**
**`(5,500)`**
**`59,287`**
**`(599)`**
**`1,122`**
**`(8,876)`**
**`60,397`**
**`(86,226)`**
**`71,366`**|
|---|---|
```
continued...
```
```
-14-
```
```
THE HUT YORK LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Comparatives for movement in funds
```
|||`Net`|`Transfers`||
|---|---|---|---|---|
|||`movement`|`between`|`At`|
||`At 1.8.19`|`in funds`|`funds`|`31.7.20`|
||`£`|`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General`|`961`|`24,389`|`(1,430)`|`23,920`|
|`Phase 1 - General`|`17,565`|`-`|`(17,565)`|`-`|
||`18,526`|`24,389`|`(18,995)`|`23,920`|
|**`Restricted funds`**|||||
|`The Hubble Health and Wellbeing`|||||
|`Programme`|`4,832`|`(2,301)`|`36`|`2,567`|
|`Mens Group`|`3,431`|`(3,490)`|`59`|`-`|
|`Phase 1 - New Building`|`560`|`-`|`(560)`|`-`|
|`Garden`|`40`|`-`|`(40)`|`-`|
|`Phase 2 - Kitchen/Cooker`|`148`|`-`|`(148)`|`-`|
|`Snug Refurbishment`|`295`|`-`|`(295)`|`-`|
|`Non Bake`|`297`|`-`|`(297)`|`-`|
|`Phase 1 - Hubble Project`|`-`|`24,768`|`19,639`|`44,407`|
|`Building Works`|`1,315`|`-`|`(1,315)`|`-`|
|`Other Small Restricted Funds`|`-`|`(396)`|`1,768`|`1,372`|
|`Phase 2 - The Hut Renovations`|`-`|`346`|`148`|`494`|
||`10,918`|`18,927`|`18,995`|`48,840`|
|**`TOTAL FUNDS`**|`29,444`|`43,316`|`-`|`72,760`|
```
continued...
```
```
-15-
```
```
THE HUT YORK LIMITED
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021
```
## **`13. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General`
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
`Mens Group`
`Phase 1 - Hubble Project`
`Other Small Restricted Funds`
`Phase 2 - The Hut Renovations`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`96,718`
`1`
`-`
`24,967`
`940`
`346`
`26,254`
`122,972`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(72,329)`
`24,389`
`(2,302)`
`(2,301)`
`(3,490)`
`(3,490)`
`(199)`
`24,768`
`(1,336)`
`(396)`
`-`
`346`
`(7,327)`
`18,927`
`(79,656)`
`43,316`|
|---|---|---|
```
Thenotesabovesetouttherestrictedgrantsreceivedandutilisedinthisandtheprioryear.Thebalance carried
forwardrelatestofundingwhichhasnotbeenutilisedforitsrelevantrestrictedpurposeasatthebalance sheet
date. These include:
```
```
TheHubbleHealth&WellbeingProgramme-TheHubbleHealthandWellbeingProgramme(previouslyknown as
the Aspireprogramme)is a membersclubwhichruns a numberof sessions,withthe aim of encouragingmembers to
learn and develop skills which enable them to engage in meaningful occupation.
```
```
Men'sGroup-TheMen'sGroupoffersaconfidentialsafespaceformalememberstotalkaboutanything.Itis a
non-judgementalspacein whichmembersdebatewithone another,expresstheirfeelingsand offerhelpto others in
a respectful, safe environment.
```
```
Phase1:HubbleProject-TheHubbleProjectrelatestotheconversionofthetoiletblocknexttoTheHut premises
into a useable space for charitable activities.
```
```
Phase2:TheHutRenovations-Phase2relatestorenovationsonthemainbuildinginwhichTheHutYork Limited
carries out its charitable activities.
```
```
OtherSmallRestrictedFunds-Relatestoitemsofincomeandexpenditureofarestrictednature,deemedto be
immaterial due to their low value.
```
## **`Transfer of funds`**
```
£3,097hasbeenallocatedfromgeneraltorestrictedfundsinrespectofrestrictedbankandcreditcard expenditure
madefromgeneralfundsduringtheyear,inrelationtoPhase1:HubbleProject,TheHubbleHealth& Wellbeing
Programme and Other Small Restricted Funds.
```
```
£7,660hasbeenallocatedfromgeneraltorestrictedfundsintheperiodbytheTrustees,inrespectofPhase 1:
Hubble Project.
```
```
continued...
```
```
-16-
```
```
THE HUT YORK LIMITED
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021
```
## **`13. MOVEMENT IN FUNDS - continued`**
```
£104,443has beenallocatedfromrestrictedto generalfundsin the year,in respectof capitalexpenditurewhere the
correspondingrestrictionhasendedatthepointoftherelevantcapitalpurchase.Themajorityofthis amounts
relatestocapitalexpenditureinrespectofbuildingandlegalexpenditureforthePhase1:HubbleProject building
conversion.
```
## **`14. RELATED PARTY DISCLOSURES`**
```
TheCharityreceived£21,360(2020:£23,400)intrainingincomefromcompaniesinthewhichthetrusteeshave a
business interest.
```
```
TheCharityrecharged£6,853(2020:£Nil)inpayrollcostsinrelationtoemployeesecondmentstocompanies in
which the trustees have a business interest.
```
```
The Charityreceiveda £15,000loanin the yearfroma companyin whichtrusteeshavea businessinterest.The loan
is interest free and repayable on demand.
```
```
-17-
```