2020-12-31-accounts - Provision House ( Formerly Known As Loaves N Fishes) Ltd

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Report ofthe Trustees		I	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		7	to	8
Notes to the Financial Statements		9	to	15
Detailed Statement ofFinancial Activities		16	to	17

Statement ofFinancial Activities ed 31Dec ber 2020
				31.12.20	31.12.19
		Unrestricted	Restricted	Total	Total
		fund	fund	fimds	funds
	Notes				f,
INCOME AND ENDOWMENTS FROM
Donations and legacies		324,178	191,366	515,544	297,548
Charitable activities
Recyling		542		542	1,389
Other trading activities	2	53,726		53,726	74,910
Other income		16,479		16,479
Total		394,925	191,366	586,291	373,847
EXPENDITURE ON
Charitable activities
Cost ofDonations		159,831		159,831	133,192
Management tk Admin Costs		68,332	136,761	205,093	193,700
Premises Costs		102,405	16,467	118,872	64,440
Food Bank		13,314		13,314	28
Emporium		1,219		1,219	1,582
Total		345,101	153,22$	498,329	392,942
NET INCOME/(EXPENDITURE)		49,824	38,138	87,962	(19,095)
RECONCILIATION OFFUNDS
Total funds brought forward		24,624	4,102	28,726	47,$21
TOTAL FUNDS CARRIED FORWARD		74,448	42,240	116,6$8	28,726

Balance Sheet ~3D~eitter 2~00
				31.12.20	31.12.19
		Unrestricted	Restricted	Total	Total
	Notes	fund	fundf	funds	funds
FIXEDASSETS
Tangil&le assets		90,640	35,043	125,683	82,503
CURRENT ASSETS
Debtors		24,349		24,349	25,708
Cash in hand		3,280	7,197	10,477	619
		27,629	7,197	34,826	26,327
CREDITORS
Amounts falling due within one year		(13,816)		(13,816)	(44,371)
NET CURRENT ASSETS		13,813	7,197	21,010	(18,044)
TOTAL ASSETSLESSCURRENT
LIABILITIES		104,453	42,240	146,693	64,459
CREDITORS
Amounts falling due after more than one year	10	(30,005)		(30,005)	(35,733)
NET ASSETS		74,448	42,240	116,688	28,726
FUNDS	13
Unrestricted funds Restricted funds				74,448 42,240	24,624 4,102
TOTAL FUNDS				116,688	28,726

		ta	en	-	ti
o	e	e
2.		OTHER TRADING	ACTIVITIES
						31.12.20	31.12.19
							f,
		Shop income				50,991	72,355
		Room Hire				2,735	2,555
						53,726	74,910
3.		NETINCOME/(EXPENDITURE)
		Net income/(expendimre)		is	stated after charging/(crediting):
						31.12.20	31.12.19
						6
		Depreciation - owned	assets			14,809	9,713

Staff			31.12.20 8	31.12.19 8
No employees received emoluments		in excess off60,000.
COMPARATIVES FORTHE STATEMENT OFFINANCIALAC~S
		Unrestricted	Restricted	Total
		fund	fund	funds
INCOME	AND ENDOWMENTS	6 FROM	f,	E
Donations	and legacies	230,066	67,482	297,548
Charitable	activities
Recyling		1,389		1,389
Other trading activities		74,910		74,910
Total		306,365	67,482	373,847

to eF' an ' e - ' e e En 3 c 00	to eF' an ' e - ' e e En 3 c 00	to eF' an ' e - ' e e En 3 c 00
COMPARATIVES FORTHE STATEMENT OFFINANCIAL			AC11VITIES - continued
			Unrestricted	Restricted	Total
			fund f	fund I	fundsI
EXPENDITURE ON
Charitable activities
CostofDonations			127,012	6,180	133,192
Management EcAdmin Costs			130,810	62,890	193,700
Premises Costs			44,742	19,698	64,440
Food Bank			28		28
Emporium			1,582		1,582
Total			304,174	88,768	392,942
NET INCOME/(EXPENDITURE)			2,191	(21,286)	(19,095)
RECONCILIATION OFFUNDS
Total funds brought forward			22,433	25,388	47,821
TOTAL FUNDS CARRIED FORWARD			24,624	4,102	28,726
TANGIBLE FIXEDASSETS
		Fixtures
	Short	and	Motor	Computer
COST	leasehold I	Sttings	vehicles	equipment	Totals f,
At 1 January 2020 Additions	25,720 32,446	16,891	53,596 25,543	11,939	108,146 57,989
At 31December 2020	58,166	16,891	79,139	11,939	166,135
DEPRECIATION
At 1 January 2020 Charge for year	2,572	11,863 1,102	5,141 12,114	6,067 1,593	25,643 14,809
At 31December 2020	2 572	12,965	17,255	7,660	40,452
NETBOOKVALUE
At 31December 2020	55,594	3,926	61,884	4,279	125,683
At 31December 2019	23,148	5,028	48,455	5,872	82,503

orth	e Year Endo 3 De e 0
8.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		f
	Trade debtors	20,208	8,954
	Other debtors	4,141	4,158
	P repayments		12,596
		24,349	25,708
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		f
	Bank loans and overdrafls (see note 11)		16,406
	Hire purchase (see note 12)	7,170	7,170
	Trade creditors	1,991	16,903
	Social security and other taxes	2,310	1,530
	Other creditors	803	820
	Accrued expenses	1,542	1,542
		13,816	44,371
10.	CREDITORS: AMOUNTS FALLING DUEAFTERMORE THAN ONE YEAR
		31.12.20	31.12.19
		f,
	Hire purchase (see note 12)	30,005	35,733
11.	LOANS
	An analysis ofthe maturity ofloans is given below:
		31.12.20	31.12.19
	Amounts falling due within one year on demand:
	Bank loans		16,406

			31.12.20	31.12.19
Net obligations repayable:
Within one year			7,170	7,170
Between one and Eve years			30,005	35,733
			37,175	42,903
MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.20	in funds	31.12.20
			f	6
Unrestricted funds
General fund		24,624	49,824	74,448
Restricted funds
Restricted Income		4,102	38,138	42,240
TOTAL FUNDS		28,726	87,962	116,688
Net movement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resollrces	expended	in funds
			E
Unrestricted funds
General fund		394,925	(345,101)	49,824
Restricted funds
Restricted Income		191,366	(153,228)	38,138
TOTAL FUNDS		586,291	(498,329)	87,962

				Net
				movement	At
			At 1.1.19	in gmds	31.12.19
				6	f,
Unrestricted funds
General fund			22,433	2,191	24,624
Restricted funds
Restricted Income			25,388	(21,286)	4,102
TOTAL FUNDS			47,821	(19,095)	28,726
Comparative net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources f	expended	in funds
Unrestricted funds
General fund			306,365	(304,174)	2,191
Restricted funds
Restricted Income			67,482	(88,768)	(21,286)
TOTAL FUNDS			373,847	(392,942)	(19,095)
A current year 12months	and prior year 12months combined position is as follows:
				Net
				movement	At
			At 1.1.19	in funds	31.12.20
					6
Uarestricted funds
General fund			22,433	52,015	74,448
Restricted funds
Restricted Income			25,388	16,852	42,240
TOTAL FUNDS			47,821	68,867	116,688

		31.12.20	31.12.19
		8	6
INCOME AND ENDOWMENTS
Donations and	legacies
Donations		38,102	37,257
Grants		477,442	260,291
		515,544	297,548
Other trading	actNttles
Shop income		50,991	72,355
Room Hire		2,735	2,555
		53,726	74,910
Charitable activities
Recycling		542	1,389
Other income
Fmlough Grants		6,479
Covid Grant		10,000
		16,479
Total incoming	resources	586,291	373,847
EXPENDITURE
Charitable activities
Purchases Transport Costs Food Bank Costs Travelling Costs Trsulnlg Grants to individuals		1,219 9,152 13,314 3,759 708 150,679	2,167 12,474 28 8,035 347 119,980
		178,831	143,031
Support costs
Management
Wages Social security Pensions Rates and water Insurance Light, heat &rent OIIIce &telephone Advertising Sundries Canied forward		141,869 5,508 2,162 5,025 4,987 29,591 1,258 360 134 190,894	109,357 3,197 1,433 3,580 4,018 41,800 3,140 4,329 4,987 175,841

		31.12.20	31.12.19
		6
Management
Brought forward		190,894	175,841
Premises Expenses		9,150	12,470
Staffgr volunteer welfare		1,190	1,276
ITCosts		9,599	9,795
Donations			350
Depreciation	oftangible and heritage assets	14,809	7,351
		225,642	207,083
Finance
Bank charges		1,764	1,428
Short leasehold			2,572
Bank interest			458
		2,209	4,458
Governance	costs
Accountancy	and legal fees	1,741	4,696
Professional	Fees	88,147	33,054
Hire purchase		1,759	620
		91,647	38,370
Total resources	expended	498,329	392,942
Net income/(expenditure)		87,962	(19,095)