``` 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 2022 ``` ## **`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 2022 ``` **----- Start of picture text -----**
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 17
**----- End of picture text -----**
``` THE HUT YORK LIMITED ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 ``` ``` Thetrusteeswhoarealsodirectorsof thecharityforthepurposesof theCompaniesAct 2006,presenttheirreport with thefinancialstatementsofthecharityfortheyearended31July2022.Thetrusteeshaveadoptedtheprovisions of AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective 1 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 ``` ``` -Helpingourmemberstofeelvaluedandlistenedto,enablingmemberstodevelopresponsibilityandrespect through social contact and being part of our growing community. ``` ## **`Background`** ``` TheHutYorkLimited,isaregisteredcharityandlimitedcompanyestablishedin2011by3seniornursesworking in residentialcare.ItwascreatedinresponsetoanincreasingneedfordayfacilitiesinYorkandtoprovide purposeful activities and support primarily for people with enduring mental health issues and/or learning disabilities. ``` ``` TheHutbuildingsaresinglestoreywheelchairaccessible.Themainbuildingandthebuildingadjacentarereferredto as TheHubble.ThecharityislocatedonWiggintonRoadneartoYorkHospitalwithgoodbusroutes,andaplace for members to be dropped off and picked up by transport. ``` ``` Our serviceis opento any individualwhoseneedswe can meet,althoughmostof our membersare adultswith enduring mentalhealthissuesand/orlearningdisabilities,weopenourservicestothewiderpublicprovidingthatwearein a position to meet their needs. ``` ``` The Hut offersa safe spacewherememberscan accessa widerangeof activitiesand learningopportunities.We provide arts, crafts,gardeningand musicsessions,promotingphysicaland mentalwellbeingwithgamessessionsand chair-based exercises and Hut Made our social enterprise, where we make items to sell and give valuable volunteering opportunities. ``` ``` Weholddailysessionstopromotewellbeing,suchasmediationandbodytappingandweeklygroups promoting lifeskillsinaMen'sgroupwheretheyhavetheopportunitytotalkaboutanythinginanon-judgemental environment, opening the door to respectful debate, forging bonds and friendships, and encouraging peer help and advice. ``` ``` Werunsocialskillsandworkexperienceprogrammes,promotinglearning,confidencebuildingand improving self-esteem.SteppingStonescontinuedtolookatlifeanddailylivingskills.AHearingVoicesweeklysessionfor voice hearerswheresharedexperiencesand acceptancehelpreducefeelingsof socialisolationand helpmembersfeel valued and understood, with all of this taking place at the Hubble in the Hubble Health and Wellbeing programme. ``` ``` WeholdworkshopsfromMEG(MEG-MusicEducationGroup),haveagroupthatattendsthelocalarchaeological digs in York and a monthly workshop delivered by York Theatre Royal. ``` ``` We encourage and promote socialising, giving members confidence and alleviating loneliness. ``` ``` Theserviceofferstrainingopportunitiestobothmembersandvolunteers(helpingtopopulateCVsandinterview skills) 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 2022 ``` ## **`The Charity's aims`** ``` As a membersledcharitytheopinionsofourmembersareattheforefrontofdecisionswemake.Weholdan informal andrelaxedmembersdevelopmentmeetingthatcaptureswhatisimportanttothemandthebenefitsofhaving The Hut, a service that meets the needs of so many. ``` ## **`Significant events during the year`** ## **`Impact of COVID-19`** ``` Wereducedthelevelofrestrictionsbackdowntoanormallevelthroughtheperiodandcontinuetomonitor any changes which would have an impact on the service. ``` ## **`Appraisal of finances`** ``` We generate income from session fees, donations and specific funding. ``` ``` This last yearthe incomehas beenspenton organisationalrunningcosts.Theseincludebuildingcharges,an averageof 7 staff salaries, the cost of training volunteers and materials for the sessions offered to our members. ``` ``` Thefinancialyear21/22sawTheHutcontinuingtorecoverfromCOVID-19,andprioritywasmadetocompletePhase 1 of the grant funded Hubble project. ``` ## **`Reserves Policy`** ``` TheHutaimsto holdsufficientreservesto meetongoingrunningcostsandprovidereasonablefinancialsecurityfor the charity. ``` ## **`Ongoing projects and going concern position`** ``` Phase2 ofthedevelopment/ renovationproject- toreplacetheroofofthemainHutbuildingwhichwascompleted in January 2023. ``` ``` Phase3ofthedevelopment/renovationproject-internalrenovationsofthemainbuildingwhichtheCharity is currently looking to raise funds for. ``` ``` TheCharityhasreceivedasignificantlevelofgrantsanddonationsinthe22/23financialyear,aswellasan increased level of membership fee income, which have served to strengthen the charity's overall financial position. ``` ## **`Philosophy`** ``` Webelieveweallneedpurpose.It'sa provenfactthatwhenpeoplewithmentalhealthillnesshavefocusand purpose intheirlivestheirsymptomsaremoremanageable,andqualityoflifeisbetter.Ourmembers'opinionsareat the forefront of our decisions. ``` ## **`Vision`** ``` Our visionis of a sustainableand wideprogrammeof activitiesand educationalcoursesfor peoplewithenduring 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. ``` ``` -2- ``` ``` THE HUT YORK LIMITED ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ## **`Recruitment and appointment of new trustees`** ``` ThepolicyfortherecruitmentofTrusteesisthatofrecommendation.ProspectiveTrusteesarerequiredtoprovide a CurriculumVitaeinadvance,whichwillbereviewedbytheexistingboardmembersinconsiderationofeligibility and the needsof the organisation.An interviewwiththe existingboardmembersis thenarranged,and on completiona vote is taken in the absence of the candidate, before a final decision is announced. ``` ``` -3- ``` ## **`THE HUT YORK LIMITED`** ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`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 (resigned 20/7/2022) 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 15 May 2023 and signed on its behalf by: ``` ``` R Buglass - Trustee ``` ``` -4- ``` ``` 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 2022. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)you areresponsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act and areeligibleforindependentexamination,I reportin respectof my examinationof yourcharity'saccountsas carried outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should 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 ``` ``` 15 May 2023 ``` ``` -5- ``` ``` THE HUT YORK LIMITED ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES`** ## **`(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)`** ## **`FOR THE YEAR ENDED 31 JULY 2022`** |`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`3`
**`20,711`**
**`Charitable activities`**
`4`
`Day facilities and activities`
**`30,974`**
`Training and room hire`
**`30,300`**
**`Total`**
**`81,985`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Day facilities and activities`
**`108,994`**
**`NET INCOME/(EXPENDITURE)`**
**`(27,009)`**
**`Transfers between funds`**
`13`
**`16,736`**
**`Net movement in funds`**
**`(10,273)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`128,575`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`118,302`**|`Restricted`
`funds`
`£`
**`30,796`**
**`-`**
**`-`**
**`30,796`**
**`2,844`**
**`27,952`**
**`(16,736)`**
**`11,216`**
**`15,551`**
**`26,767`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`51,507`**
**`30,974`**
**`30,300`**
**`112,781`**
**`111,838`**
**`943`**
**`-`**
**`943`**
**`144,126`**
**`145,069`**|`2021`
`Total`
`funds`
`£`
`120,851`
`15,381`
`21,360`| |---|---|---|---| ||||`157,592`| ||||`86,226`| ||||`71,366`
`-`| ||||`71,366`
`72,760`| ||||`144,126`| ``` The notes form part of these financial statements ``` ``` -6- ``` ## **`THE HUT YORK LIMITED (REGISTERED NUMBER: 07713526)`** ## **`BALANCE SHEET`** ## **`31 JULY 2022`** |`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`105,481`**
**`CURRENT ASSETS`**
`Debtors`
`11`
**`5,114`**
`Cash at bank and in hand`
**`11,597`**
**`16,711`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(3,890)`**
**`NET CURRENT ASSETS`**
**`12,821`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`118,302`**
**`NET ASSETS`**
**`118,302`**
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`26,767`**
**`26,767`**
**`-`**
**`26,767`**
**`26,767`**
**`26,767`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`105,481`**
**`5,114`**
**`38,364`**
**`43,478`**
**`(3,890)`**
**`39,588`**
**`145,069`**
**`145,069`**
**`118,302`**
**`26,767`**
**`145,069`**|`2021`
`Total`
`funds`
`£`
`106,962`
`114`
`58,610`
`58,724`
`(21,560)`
`37,164`
`144,126`
`144,126`
`128,575`
`15,551`| |---|---|---|---| ||||`144,126`| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 31 July 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 July 2022 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... ``` ``` -7- ``` ## **`THE HUT YORK LIMITED (REGISTERED NUMBER: 07713526)`** ## **`BALANCE SHEET - continued`** ## **`31 JULY 2022`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon15May2023and were signed on its behalf by: ``` ``` R Buglass - Trustee ``` ``` The notes form part of these financial statements ``` ``` -8- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`1. CHARITY INFORMATION`** ``` TheHutYorkLimitedisaprivatecharitablecompany,limitedbyguarantee,registeredwiththe Charity 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 RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)', Financial ReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'and the Companies 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`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charityto thatexpenditure,it is probablethata transferof economicbenefitswillbe requiredin settlement and the amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accrualsbasisand has beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated 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. ``` ``` Restrictedfundscan onlybe used for particularrestrictedpurposeswithinthe objectsof the charity. 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. ``` ``` continued... ``` ``` -9- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`2. ACCOUNTING POLICIES - continued`** ## **`Fund accounting`** ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`Hire purchase and leasing commitments`** ``` RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesonastraightline basis over the period of the lease. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the charitablecompany'spensionschemearechargedto theStatementof FinancialActivitiesintheperiodto which they relate. ``` ## **`3. DONATIONS AND LEGACIES`** |`Grants and donations received`
`Fundraising committee`|**`2022`**
**`£`**
**`51,507`**
**`-`**
**`51,507`**|`2021`
`£`
`120,847`
`4`| |---|---|---| |||`120,851`| ``` ThefundraisingcommitteeisseparatetoTheHut.Theyraiseincomeforthecharitythrougharange of fundraisingevents.ThenetproceedsfromtheseeventsarepaidtoTheHutandshownasdonationsper the above note. ``` ``` Grants and donations received, included in the above, are as follows: ``` ## **`Grants and donations received`** ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`Charitable grants and donations received`|**`51,506`**|`117,328`| |`Coronavirus job retention scheme income`|**`-`**|`3,522`| |||| ||**`51,506`**|`120,850`| |||| ``` continued... ``` ``` -10- ``` ``` THE HUT YORK LIMITED ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022`** ## **`4. INCOME FROM CHARITABLE ACTIVITIES`** |**`INCOME FROM CHARITABLE ACTIVITIES`**||| |---|---|---| |`Activity`
`Fees`
`Day facilities and activities`
`Training and room hire`
`Training and room hire`|**`2022`**
**`£`**
**`30,974`**
**`30,300`**
**`61,274`**|`2021`
`£`
`15,381`
`21,360`| |||`36,741`| |**`5.`**
**`SUPPORT COSTS`**
`Organisational`
`running`
`costs`
`£`
`Day facilities and activities`
**`111,710`**
`Support costs, included in the above, are as follows:`
**`Organisational running costs`**
`Wages and salaries`
`Social security`
`Pensions`
`Equipment hire`
`Rent and rates`
`Accountancy and professional`
`Activities`
`Materials`
`Telephone`
`Postage and stationery`
`Sundries`
`Advertising and promotion`
`Insurance`
`Light and heat`
`Repairs and renewals`
`Cleaning`
`Bad debts`
`Depreciation of tangible and heritage assets`
`Training`|`Finance`
`£`
**`128`**
**`2022`**
`Day`
`facilities`
`and`
`activities`
**`£`**
**`76,798`**
**`571`**
**`1,567`**
**`2,163`**
**`645`**
**`2,689`**
**`2,093`**
**`3,017`**
**`2,463`**
**`359`**
**`895`**
**`161`**
**`929`**
**`4,340`**
**`3,235`**
**`1,508`**
**`-`**
**`5,823`**
**`2,454`**
**`111,710`**|`Totals`
`£`
**`111,838`**| |---|---|---| |||`2021`
`Total`
`activities`
`£`
**`58,390`**
**`899`**
**`1,566`**
**`1,482`**
**`769`**
**`2,902`**
**`1,480`**
**`1,695`**
**`1,561`**
**`571`**
**`369`**
**`296`**
**`642`**
**`4,937`**
**`3,657`**
**`2,036`**
**`2,149`**
**`323`**
**`470`**| |||**`86,194`**| ``` continued... ``` ``` -11- ``` ``` THE HUT YORK LIMITED ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022`** ## **`5. SUPPORT COSTS - continued Finance`** ||**`2022`**|`2021`| |---|---|---| ||`Day`|| ||`facilities`|| ||`and`|`Total`| ||`activities`|`activities`| ||**`£`**|`£`| |`Bank charges`|**`128`**|**`32`**| ## **`6. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`2022`**|`2021`| |---|---|---| ||**`£`**|`£`| |`Depreciation - owned assets`|**`5,823`**|`323`| |`Hire of plant and machinery`|**`2,163`**|`1,482`| |`Independent examiner's fee (inclusive of VAT)`|**`1,397`**|`1,356`| ## **`7. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2022norfortheyear ended 31 July 2021. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021. ``` ## **`8. STAFF COSTS`** ||**`2022`**||`2021`| |---|---|---|---| ||||| |`Wages and salaries`|**`76,798`**||`58,390`| |`Employer's National Insurance`|**`571`**||`899`| |`Pensions`|**`1,567`**||`1,566`| ||||| ||||| ||**`78,935`**||`60,855`| ||||| ||||| |`The average monthly number of employees during the year was as follows:`|||| ||**`2022`**||`2021`| ||||| |`Employees`|**`7`**||`4`| ||||| ``` No employees received emoluments in excess of £60,000. ``` ``` continued... ``` ``` -12- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`8. STAFF COSTS - continued`** ## **`Key Management Personnel:`** ``` ThekeymanagementpersonnelofthecharityareconsideredtobetheTrustees.TheTrusteeswere not remunerated for their work. ``` ## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`51,578`
**`Charitable activities`**
`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`**
`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`|`Total`
`funds`
`£`
`120,851`
`15,381`
`21,360`| |---|---|---| |||`157,592`| |||`86,226`| |||`71,366`
`-`| |||`71,366`
`72,760`| |||`144,126`| ``` continued... ``` ``` -13- ``` ``` THE HUT YORK LIMITED ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022`** ## **`10. TANGIBLE FIXED ASSETS`** |**`10.`**
**`TANGIBLE FIXED ASSETS`**||||||| |---|---|---|---|---|---|---| |**`COST`**
`At 1 August 2021`
`Additions`
`At 31 July 2022`
**`DEPRECIATION`**
`At 1 August 2021`
`Charge for year`
`At 31 July 2022`
**`NET BOOK VALUE`**
`At 31 July 2022`
`At 31 July 2021`
**`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`**
**`4,342`**
**`110,010`**
**`-`**
**`5,500`**
**`5,500`**
**`104,510`**
`105,668`||`Fixtures`
`and`
`fittings`
`£`
**`4,445`**
**`-`**
**`4,445`**
**`3,151`**
**`323`**
**`3,474`**
**`971`**
`1,294`
**`2022`**
**`£`**
**`5,114`**
**`2022`**
**`£`**
**`312`**
**`676`**
**`291`**
**`813`**
**`1,798`**
**`3,890`**|`Totals`
`£`
**`110,113`**
**`4,342`**||| |||||**`114,455`**||| |||||**`3,151`**
**`5,823`**||| |||||**`8,974`**||| |||||**`105,481`**||| |||||`106,962`||| ||||||`2021`
`£`
`114`
`2021`
`£`
`319`
`929`
`15,164`
`908`
`4,240`|`2021`
`£`
`114`| ||||||`21,560`|| ``` continued... ``` ``` -14- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`13. MOVEMENT IN FUNDS`** |`Net`
`movement`
`At 1.8.21`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General`
**`128,575`**
**`(27,009)`**
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
**`4,216`**
**`(329)`**
`Phase 1 - Hubble Project`
**`8,724`**
**`26,039`**
`Other Small Restricted Funds`
**`2,117`**
**`2,251`**
`Phase 2 - Roof Replacement`
**`494`**
**`(9)`**
**`15,551`**
**`27,952`**
**`TOTAL FUNDS`**
**`144,126`**
**`943`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General`
**`81,985`**
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
**`-`**
`Phase 1 - Hubble Project`
**`26,085`**
`Other Small Restricted Funds`
**`4,711`**
`Phase 2 - Roof Replacement`
**`-`**
**`30,796`**
**`TOTAL FUNDS`**
**`112,781`**|`Transfers`
`between`
`At`
`funds`
`31.7.22`
`£`
`£`
**`16,736`**
**`118,302`**
**`(1,661)`**
**`2,226`**
**`(14,585)`**
**`20,178`**
**`(490)`**
**`3,878`**
**`-`**
**`485`**
**`(16,736)`**
**`26,767`**
**`-`**
**`145,069`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(108,994)`**
**`(27,009)`**
**`(329)`**
**`(329)`**
**`(46)`**
**`26,039`**
**`(2,460)`**
**`2,251`**
**`(9)`**
**`(9)`**
**`(2,844)`**
**`27,952`**
**`(111,838)`**
**`943`**| |---|---| ``` continued... ``` ``` -15- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`13. MOVEMENT IN FUNDS - continued`** ``` Comparatives for movement in funds ``` |||`Net`|`Transfers`|| |---|---|---|---|---| |||`movement`|`between`|`At`| ||`At 1.8.20`|`in funds`|`funds`|`31.7.21`| ||`£`|`£`|`£`|`£`| |**`Unrestricted funds`**||||| |`General`|`23,920`|`10,969`|`93,686`|`128,575`| |**`Restricted funds`**||||| |`The Hubble Health and Wellbeing`||||| |`Programme`|`2,567`|`(12)`|`1,661`|`4,216`| |`Phase 1 - Hubble Project`|`44,407`|`59,287`|`(94,970)`|`8,724`| |`Other Small Restricted Funds`|`1,372`|`1,122`|`(377)`|`2,117`| |`Phase 2 - Roof Replacement`|`494`|`-`|`-`|`494`| ||`48,840`|`60,397`|`(93,686)`|`15,551`| |**`TOTAL FUNDS`**|`72,760`|`71,366`|`-`|`144,126`| ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General`
**`Restricted funds`**
`The Hubble Health and Wellbeing`
`Programme`
`Phase 1 - Hubble Project`
`Other Small Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`88,319`
`2,765`
`64,787`
`1,721`
`69,273`
`157,592`|`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`|`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`| |---|---|---|---| ||||`60,397`| ||||`71,366`| ``` The notesaboveset out the restrictedgrantsreceivedand utilisedin this and the prioryear.The balance carried forwardrelatesto fundingwhichhas notbeenutilisedforitsrelevantrestrictedpurposeas at thebalance sheet date. These include: ``` ``` TheHubbleHealth&WellbeingProgramme-TheHubbleHealthandWellbeingProgramme(previously known astheAspireprogramme)isamembersclubwhichrunsanumberofsessions,withtheaimof encouraging members to learn and develop skills which enable them to engage in meaningful occupation. ``` ``` continued... ``` ``` -16- ``` ``` THE HUT YORK LIMITED ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022 ``` ## **`13. MOVEMENT IN FUNDS - continued`** ``` Phase1:HubbleProject-TheHubbleProjectrelatestotheconversionofthetoiletblocknexttoThe Hut premises into a useable space for charitable activities. ``` ``` Phase2:RoofReplacement- Phase2 relatestorenovationsonthemainbuildinginwhichTheHutYork Limited carries out its charitable activities, principally the replacement of the roof. ``` ``` OtherSmallRestrictedFunds- Relatestoitemsofincomeandexpenditureofa restrictednature,deemedto be immaterial due to their low value. ``` ## **`Transfer of funds`** ``` Netfundsof£10,302havebeenreallocatedfromrestrictedtounrestrictedfundsintheyear,to reimburse amountspreviouslymetfromunrestrictedfundsaheadof the receiptof restrictedgrantfunding;£10,757 having been recognised as transfer from unrestricted to restricted funds in the year ended 31 July 2021. ``` ``` £6,434hasbeenallocatedfromrestrictedtogeneralfundsintheyear,inrespectofcapitalexpenditure where the correspondingrestrictionhas endedat the pointof the relevantcapitalpurchase(thisfigureincluding £2,092 previouslyaccrued).ThiscapitalexpenditureisinrespectofbuildingandlegalexpenditureforthePhase 1: Hubble Project building conversion. ``` ## **`14. RELATED PARTY DISCLOSURES`** ``` The Charityreceived£30,300 (2021:£21,360)in trainingincomefromcompaniesin the whichthe trusteeshave a business interest. ``` ``` TheCharityrecharged£Nil(2021:£6,853)inpayrollcostsinrelationtoemployeesecondmentstocompanies in which the trustees have a business interest. ``` ``` TheCharityrepaida £15,000loanininfullfroma companyinwhichtrusteeshavea businessinterest;this loan having been advanced in the prior year on an interest free basis. ``` ``` -17- ```