2023-12-31-accounts - Provision House ( Formerly Known As Loaves N Fishes) Ltd

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			Page
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

					31.1223	31.12.22
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	f.		f.
INCOME AND ENDOWMENTS FROM
Donations and legacies			224,407	412,588	636,995	633,946
Charitable activities
Recyling
Other trading activities		2	161,130		161,130	124,068
Total			385,537	412,588	798,125	758,014
EXPENDITURE ON
Charitable activities
Cost ofDonations			183,672	20,034	203,706	220,710
Management dr Admin	Costs		174,087	328,420	502,507	459,230
Premises Costs			67,608		67,608	52,545
Food Club			13,967		13,967	7,077
Emporium			366		366	1,139
Total			439,700	348,454	788,154	740,701
NET INCOME/(EXPENDITURE)			(54,163)	64,134	9,971	17,313
RECONCILIATION	OF FUNDS
Total funds brought forward			127,124	37,041	164,165	146,852
TOTAL FUNDS CARRIED FORWARD			72,961	101,175	174,136	164,165

|Provision House
formerl
known as
L~F|
96
Balance Sheet
31December 2023|||||| |---|---|---|---|---|---| |||||31.12.23|31.12.22| |||Unrestricted|Restricted|Total|Total| ||Notes|fundf|fundf|funds
f.|funds| |FIXEDASSETS|||||| |Tangible assets||90,726||90,726|106,915| |CURRENT ASSETS|||||| |Debtors|8|29,920|86,175|116,095|96,427| |Cash in hand||13,829|15,000|28,829|9330| |||43,749|101,175|144,924|105,657| |CREDITORS|||||| |Amounts
falling due within one year|9|(61,514)||(61,514)|(32,552)| |NET CURRENT ASSETS||~17,765)|101,175|83,410|73,105| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||83,023|101,175|184,198|180,020| |CREDITORS|||||| |Amounts
falling due after more than one year|10||||(15,855)| |NET ASSETS||72,961|101,175|174,136|164,165| |FUNDS|12||||| |Unrestricted
funds||||72,961|127,124| |Restricted
funds||||101,175|37,041| |TOTAL FUNDS||||174,136|164,165|

I~Fi h Ld	I~Fi h Ld
Notes to the Financial Statements		-continued
for the Year Ended 31 December		2023
2.	OTHER TRADING ACTIVITIES
			31.12.23	31.12.22
			f
	Shop income		125,865	107,918
	Room Hire		33,430	12,308
	Other Income		1,845	3,842
			161,130	124,068
3.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
			31.12.23	31.12.22
			f
	Depreciation - owned assets		18,688	22,799

STAFF COSTS
The average monthly	number ofemployees	during the year was as follows:
			31.12.23	31.12.22
Staff			20	19

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	fund	funds
			I
INCOME AND ENDOWMENTS FROM
Donations and legacies		333,567	300,379	633,946
Charitable activities
Recyting
Other trading activities		124,068		124,068
Total		457,635	300,379	758,014
EXPENDITURE ON
Charitable activities
Cost ofDonations		207,366	13,344	220,710
Management &Admin	Costs	194,238	264,992	459,230
Premises Costs		52,545		52,545
Food Bank		7,077		7,077
Emporium		1,139		1,139
Total		462,365	278,336	740,701
NET INCOME/(EXPENDITURE)		(4,730)	22,043	17,313
RECONCILIATION	OF FUNDS
Total funds brought forward		131,854	14,998	146,852
TOTAL FUNDS CARRIED FORWARD		127,124	37,041	164,165

TANGIBLE FIXEDASSETS
		Fixtures
	Short	and	Motor	Computer
	leasehold	finmgs f	vehicles f	equipment f.	Totals f
COST
At 1 January 2023	74,182	22,512	79,139	19,273	195,106
Additions		2,500			2,500
At 31December 2023	74,182	25,012	79,139	19,273	197,606
DEPRECIATION
At 1 January 2023	16,409	16,088	44,329	11,365	88,191
Charge for year	5,777	2,231	8,703	1,977	18,688
At 31 December 2023	22,186	18,319	53,032	13,342	106,879
NET BOOK VALUE
At 31 December 2023	51,996	6,693	26,107	5,931	90,727
At 31 December 2022	57,773	6,424	34,810	7,908	106,915
DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
				31.12.23	31.12.22
				f
Trade debtors				110,036	90,441
Other debtors				6,059	5,986
				116,095	96,427
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.23	31.12.22
					f,
Hire purchase (see note 11) Trade creditors				17,232 19,161	7,170 12,223
Social security and other taxes				24,016	11,959
Accrued expenses				1,105	1,200
				61,514	32,552

Provisi	on House fonnerl known ~ P hr L~~d	as	as
Notes	to the Financial Statements	- continued
for the	Year Ended 31December	2023
10.	CREDITORS: AMOUNTS FALLING DUK AFTER MORE				THAN ONK YEAR
						31.12.23	31.12.22
						f
	Hire purchase (see note I	1)					15„855
11.	LEASING AGREEMENTS
	Minimum lease payments	under	hire purchase	fall due as follows:
						31.12.23	31.12.22
							f
	Net obligations repayable:
	Within one year					17,232	7,170
	Between one and five years						15,855
						17,232	23,025
12.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.1.23	in funds	31.12.23
					f	f
	Unrestricted funds
	General fund				127,124	(54,163)	72,961
	Restricted fuads
	Restricted Income				37,041	64,134	101,175
	TOTAL FUNDS				146,852	9,971	174,136
	Net movement in funds, included		in the above	are as follows:
					Incoming	Resources	Movement
					resources f.	expended f	in funds f
	Unrestricted funds
	General fund				385,537	(439,700)	(54,163)
	Restricted funds
	Restricted Income				412,588	(348,454)	64,134
	TOTAL FUNDS				798,125	~78B,154)	9,971

					Net
					movement	At
				At 1.1.22	in funds	31.12.22
					f
Unrestricted funds
General fund				131,854	(4,730)	127,124
Restricted funds
Restricted Income				14,998	22,043	37,041
TOTAL FUNDS				146,852	17,313	164,165
Comparative net movement		in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources f	expended f.	in funds f.
Unrestricted funds
General fund				457,635	(462,365)	(4,730)
Restricted funds
Restricted Income				300,379	(278,336)	22,043
TOTAL FUNDS				758,014	~740,701)	17,313
A cununt year 12months	snd prior year 12months combined			position is as follows:
					Net
					movement	At
				At 1.1.22 f	in funds	31.12.23 f
Unrestricted funds
General fund				131,854	(58,893)	72,961
Restricted funds
Restricted Income				14,998	86,177	101,175
TOTAL FUNDS				146,852	27384	174,136

	Incoming	Resources	Movement
	resources	expended	in funds
	6	8
Unrestricted funds
General fund	843,172	(902,065)	(58,893)
Restricted funds
Restricted Income	712,967	(626,790)	86,177
TOTALFUNDS	1,556,139	(1,528,855)	27,284

Provision House formerl tmown as I~hah II	Provision House formerl tmown as I~hah II
Detailed Statement ofFinancial Activities
for the Year Ended 31December 2023
		31.12.23	31.12.22
INCOME AND ENDOWMENTS
Donations and	legacies
Donations		56,631	44,270
Grants		580,364	589,676
		636,995	633,946
Other trading	activities
Shop income		125,865	107dtlg
Room Hire		33,430	12,308
Other Income		1,835	3,842
		161,130	124,068
Charitable activities
Recycling
Total incoming	resources	798,125	758,014
EXPENDITURE
Charitable activities
Purchases		20,400	14,483
Transport Costs		13,605	13,967
Food Club		13,967	7,077
Travelling Costs		1,672	3,812
Trannng			413
Other Direct Expenses		1,859	1,777
Grants to individuals		166,536	193,399
		218,039	234,928
Support costs
Management
Wages		375,455	328,066
Social security		23,212	20,864
Pensions		6,541	5,628
Rates and water		1,935	1,244
insurance		5,532	4,952
Light, heat dr rent		44,132	38,326
Office th telephone		2,527	1,891
Advertising		9,420	7,024
Carried forward		468,754	407,995

Provision House formerl known as ~Ls h Ud	Provision House formerl known as ~Ls h Ud	Provision House formerl known as ~Ls h Ud
Detailed Statement ofFinancial Activities
for the Year Ended 31 December 2023
			31.12.23	31.12.22
			f.
Management
Brought forward			468,754	407,995
Premises Expenses			16,009	9,652
Staffk.volunteer welfare			3,565	3,020
IT Costs			13,674	15,928
Bookkeeping		Services	12,873	14,670
Sub-contractors				1,000
Administration		Support		115
Depreciation		oftangible and heritage assets	18,688	22,800
			533,563	475,180
Finance
Bank charges			4,593	1,548
Bank interest
			4,593	1,548
Governance		costs
Accountancy Professional Hire purchase	and legal fees Fees		2,201 27,999 1,759	1,488 25,795 1,759
			31,959	29,045
Total resources		expended	788,154	740,701
Net income			9,971	17,313