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|||Page||
|---|---|---|---|
|Report ofthe Trustees|I|to|5|
|Statement ofTrustees'
Responsibilities||||
|Report ofthe Independent
Auditors|7|to|10|
|Statement ofFinancial Activities||||
|Balance Sheet|12|to|13|
|Cash Flow Statement||14||
|Notes to the Cash Flow Statement||15||
|Notes to the Financial Statements|16 to||24|
|Detailed Statement ofFinancial Activities|25|to|26|
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|for the Per|iod 31M|arc|h 202|1to 29 March|2022|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Period|Period|
|||||||||31.3.21|1.4.20|
|||||||||to|to|
|||||||||29.3.22|30.3.21|
|||||||Unresnfcted|Restricted|Total|Total|
|||||||fund|funds|funds|funds|
||||||Notes|||g|5|
|INCOME|AND ENDOWMENTS FROM|||||||||
|Donations|and legacies||||2|335,468||335&468|677,014|
|Charitable|activities|||||||||
|Supported|Living|||||491,205||491,205|436,245|
|Residents|Licence|Top-up||||33,112||33,112|13,652|
|Other trading activities|||||3|338,350||338,350|108,811|
|Investment|income||||4|5||5|83|
|Total||||||I 190140||1190140|1235805|
|EXPENDITURE ON||||||||||
|Raising funds|||||6|121&557||121,557|101,769|
|Charitable|activities|||||||||
|Wages||||||601,331||601,331|216,869|
|Night Shelter Cost||||||5,603||5,603|2,692|
|Supported|Living|||||554,526||554,526|563,187|
|Pension costs||||||11,425||11,425|10,928|
|Other||||||180059||180059|136057|
|Total||||||I 47' 501||I 474 501|1031 502|
|Net gains|on investments|||||100000||1000110||
|NET INCOME/(EXPENDITURE)||||||(176,361)||(176,361)|204,303|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds brought||forward||||230,845||230,845|26,542|
|TOTAUFUND0CARI!IUD||||FORWARD||54 484|—|54404|230 845|
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|BALANCE SHEET
29 March 2022||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|f,||||
|FIXEDASSETS||||||
|Tangible assets|12|358,684||358,684|252,800|
|CURRENT ASSETS||||||
|Debtors|13|29,599||29,599|59,813|
|Cash at bank and in hand||~19229||~19229|~39 634|
|||48,828||48,828|99,447|
|CREDITORS||||||
|Amounts
falling due within one year|14|(170,450)||(170&450)|(72,402)|
|NET CURRENT ASSETS||~121622)||~121622)|~27 045|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||237,062||237,062|279,845|
|CREDITORS||||||
|Amounts
falling due after more than one||||||
|year|15|(182,578)||(182,578)|(49,000)|
|NET ASSETS||~54 484|-|~54 484|~230 845|
|FUNDS|17|||||
|Unrestricted
funds||||~54 484|~230 845|
|TOTALFUNDS||||~54 484|230,845|
##
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|for the Period 31March 2||021 to 29Ma|rch 2022|||
|---|---|---|---|---|---|
|||||Period|Period|
|||||31.3.21|1.4.20|
|||||to|to|
|||||29.3.22|30.3.21|
|||Notes||||
|Cash flows from operating
activities
Cash generated
from operations
Interest paid|||I|(6,342)|241,431
~2,092)|
|Net cash (used in)/provided||by operating|activities|~6342)|239339|
|Cash flows from investing||activities||||
|Purchase oftangible fixed assets||||(10,926)|(254,200)|
|Interest received||||5|83|
|Net cash used in investing|activities|||~10921)|~254 117)|
|Cash flows from financing||activities||||
|New loans in year
Loan repayments
in year||||~3142)|49,000|
|Net cash (used in)/provided||by financing|activities|~3142)|49 000|
|Change in cash and cash
in the reporting
period||equivalents||(20,405)|34,222|
|Cash and cash equivalents
beginning
ofthe reporting||at the
period||~39 634|~5412|
|Cash and cash equivalents||at the end||||
|ofthe reporting
period||||~19 229|39,634|
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|OPERATING ACT|IVI|TIES|||||
|---|---|---|---|---|---|---|
||||||Period|Period|
||||||31.3.21|1.4.20|
||||||to|to|
||||||29.3,22|30.3.21|
|||||||5|
|Net (expenditure)/income||for the reporting||period (as per the|||
|Statement of Ii'inancial||Activities)|||(176,361)|204,303|
|Adjustments
for:
Depreciation
charges|||||5,042|1,990|
|Interest received|||||(5)|(83)|
|Interest paid||||||2,092|
|Property Revaluation
Decrease/(increase)|in debtors||||(100,000)
30,214|(8,096)|
|Increase in creditors|||||~234 768|41,225|
|Net cash (used in)/provided|||by operations||~6342)|~241 431|
|ANALYSIS OF CHANGES|||IN NET DEBT||||
|ANALYSIS OF CHANGES IN NET DEB|T|||
|---|---|---|---|
||At 31.3.21|Cash flow|At 29.3.22|
||E|||
|Net cash||||
|Cash at bank and in hand|39,634|(20,405)|~19 229|
||~39 634|~20 405)|~19 229|
|Debt||||
|Debts falling due within I year||(9,260)|(9,260)|
|Debts falling due after I year|~49000)|~12 402|(36,598)|
||~49 000|~3142|~45 858)|
|Total|~936|~17 263|~26 629)|
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||DONATIONS|AND LEGACIES|AND LEGACIES|||
|---|---|---|---|---|---|
|||||Period|Period|
|||||31.3.21|1.4.20|
|||||to|to|
|||||29.3.22|30.3.21|
||||||f,|
||Donations|||28,395|285,472|
||Grants|||~307 073|391,542|
|||||335,468|677,014|
||Grants received,|included|in the above, are as follows:|||
|||||Period|Period|
|||||31.3.21|1.4.20|
|||||to|to|
|||||29.3.22|30.3.21|
||||||8|
||GENERAL|||~307 073|~391 542|
|3.|OTHER TRADING ACTIVITIES|||||
|||||Period|Period|
|||||31.3.21|1.4,20|
|||||to|to|
|||||29.3,22|30.3.21|
||Social Enteqndse|||~338 350|~108 811|
##
|4.|INVESTMENT|INVESTMENT|INCOME|INCOME||||Period|Period|
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.21|1.4.20|
|||||||||to|to|
|||||||||29.3.22|30.3.21|
|||||||||g|f,|
||Deposit account||interest|||||5|83|
|5.|INCOME|FROM CHARITABLE ACTIVITIES||||||Period|Period|
|||||||||31.3.21|1.4.20|
|||||||||to|to|
|||||||||29.3,22|30.3.21|
||Supported
Living
Residents Licence Top up||||Activity
Supported
Resideuts|Living
Licence|Top-up|491,205
~33112|436,245
~13 652|
|||||||||~524 317|449,897|
|6.|RAISING|FUNDS||||||||
||Raising donations|||and legacies||||Period|Period|
|||||||||31.3,21|1.4.20|
|||||||||to|to|
|||||||||29.3.22|30.3.21|
|||||||||g||
||Shop expenses
Fundraising
Costs|||||||86,097
~35 420|95,605
6,086|
|||||||||121,517|~101 691|
||Other trading||activities|||||Period|Period|
|||||||||31.3.21|1.4.20|
|||||||||to|to|
|||||||||29.3.22|30.3.21|
|||||||||g|f,|
||Purchases|||||||40|78|
||Aggregate|amounts||||||~121 557|101,769|
##
|CHARITABLE ACTIVITIES COSTS||
|---|---|
||Direct|
||Costs|
||f,|
|Wages
Night Shelter Cost
Supported
Living
Pension costs|601,331
5,603
554,526
11425|
||1 112885|
##
|Net income/(e|xp|enditure|)
is stated after charging/(cre|diting):||
|---|---|---|---|---|---|
|||||Period|Period|
|||||31.3.21|1.4.20|
|||||to|to|
|||||29.3.22|30.3.21|
|Depreciation|-|owned|assets|~5042|~1990|
##
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##
|||Period|Period|
|---|---|---|---|
|||31,3.21|1.4.20|
|||to|to|
|||29.3.22|30.3.21|
|Wages
Other|and salaries
pension costs|601,331
11,425|216,869
10,928|
|||~612 756|227,797|
##
||The average monthly|nu|mber ofemployees
during
th|e period was as follow|s:||
|---|---|---|---|---|---|---|
||||||Period|Period|
||||||31.3.21|1.4.20|
||||||to|to|
||||||29.3.22|30.3.21|
||Employees||||38|12|
|There|was one employee
paid||over f60,000 in the year (None in 2021)||||
|11.|COMPARATIVES|FORTHE STATEMENT OF||FINANCIAL ACTIVITIES|||
|||||Unrestricted|Resnicted|Total|
|||||fund|funds|funds|
|||||||f|
||INCOME AND ENDOWMENTS FROM||||||
||Donations
and legacies|||677,014||677,014|
||Charitable
activities||||||
||Supported
Living
Residents Licence|Top-up||436,245
13,652||436,245
13,652|
||Other trading
activities
Investment
income|||108,811
83||108,811
83|
||Total|||1 235 805||1,235 805|
||EXPENDITURE ON||||||
||Raising funds|||101,769||101,769|
||Charitable
activities||||||
||Wages
Night Shelter Cost
Supported
Living
Pension costs|||216,869
2,692
563,187
10,928||216,869
2,692
563,187
10,928|
||Other|||136,057||136057|
||Total|||1031,502||1,03 1 502|
||NET INCOME|||204,303||204,303|
||RECONCILIATION||OF' FUNDS||||
||Total funds brought|forward||26,542||26,542|
##
|11.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|
|---|---|---|---|---|---|
||||Utu'estricted|Restdcted|Total|
||||fund|funds|funds|
||||6|f.||
||TOTAL FUNDS CARRIED|||||
||FORWARD||230 845|—|230,845|
|12.|TANGIBLE FIXED ASSETS|||||
|||Freehold|Motor|Computer||
|||property|vehicles|equipment|Totals|
||||||f.|
||COST OR VALUATION|||||
||At 31 March 2021|250,000|6&200|1,772|257,972|
||Additions||8,962|1,964|10,926|
||Revaluations|~100000|||~100 000|
||At 29 March 2022|~350 000|~15 162|~3736|~368 898|
||DEPRECIATION|||||
||At 31 March 2021
Charge for year||3,400
~4387|1,772
655|5,172
~5042|
||At 29 March 2022||~7787|~2427|~10 214|
||NET BOOK VALUE
At 29 March 2022|~350 000|~7375|~1309|~358 684|
||At 30March 2021|250,000|2,800||~252 800|
||Cost or valuation
at 29 March 2022 is represented
by:|||||
|||Freehold|Motor|Computer||
|||property|vehicles|equipment|Totals|
|||8||||
||Valuation
in 2022
Cost|100,000
~250 000|~15 162|~3736|100,000
~268 898|
|||~350 000|~15 162|~3736|~368 898|
##
|13.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2022|2021|
||Trade debtors||12,092|51,378|
||Other debtors||12,993|8,435|
||VAT||3,405||
||Prepayments||1,109||
||||~29 599|59,813|
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||Bank loans and overdraAs|(see note 16)|9,260||
||Trade creditors||114,671|38,112|
||Social security and other|taxes|18,834|10,397|
||Pension Liability
VAT||6,997|1,057
11,096|
||Other creditors||2)701|2,589|
||Net Wages
Accrued expenses||2,687
~15 300|6,651
2,500|
||||170,450|72,402|
|15.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR||
|---|---|---|---|
|||2022|2021|
||Bank loans (see note 16)|36,598|49,000|
||Trade creditors|69&961||
||Social Security and other tax
Other creditors|70,980
~5039||
|||~182 578|~49 000|
##
|An analys|is|ofthe maturity of loans is given below:|||
|---|---|---|---|---|
||||2022|2021|
|||||6|
|Amounts|falling due within one year on demand:||||
|Bank loans|||9260||
|Amounts|falling between one and two years:||||
|Bank loans||—1-2years|~36 598|~49 000|
##
|MOVEM|EN|T IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
||||At|movement|At|
||||31.3.21|in funds|29.3.22|
|||||f||
|Unrestricted||funds||||
|General|fund||230)845|(176,361)|54,484|
|TOTAL|FUNDS||~230 845|~176361)|~54 484|
|Net movement|in funds, included|in the above are as follo|ws:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
||||g||f,|
|Unrestricted|funds|||||
|General fund||1,198,140|(1,474,501)|100,000|(176,361)|
|TOTAL FUNDS||1190140|~3474501)|100000|~)76361)|
##
|Comparatives|for movement
in funds||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.4.20|in funds|30.3.21|
|||f,|f,||
|Unrestricted|funds||||
|General fund||26,542|204,303|230,845|
|TOTAL I'UNDS||26,542|204 303|230,845|
##
##
|Comparative|net movement
in funds, in|cluded
in the above are as follow|s:||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||f.|||
|Unrestricted|funds||||
|General fund||1,235,805|(1,031,502)|204,303|
|TOTAL FUNDS||1,235 305|~1031,5023|204 303|
##
##
|Period|Period|
|---|---|
|31.3.21|1.4.20|
|to|to|
|29.3.22|30.3.21|
|~5300|~5000|
##
|DETAILED STATEMENT OF FINANCIAL ACTIVIT
for the Period 31March 2021 to 29 March 2022|IES||
|---|---|---|
||Period|Period|
||31.3.21|1.4.20|
||to|to|
||29.3.22|30.3.21|
||f|8|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies
Donations|28,395|285,472|
|Grants|307073|391,542|
||335&468|677,014|
|Other trading
activities
Social Enterprise|338,350|108,811|
|Investment
income|||
|Deposit account interest||83|
|Charitable
activities|||
|Supported
Living
Residents Licence Top up|491,205
33112|436,245
13 652|
||524 317|449,897|
|Total incomiug
resources|1,198&140|1,235,805|
|EXPENDITURE|||
|Raising donations
and legacies
Shop expenses
Fundraising
Costs|86,097
35420|95,605
6086|
||121,517|101,691|
|Other trading
activities
Purchases|40|78|
|Charitable
activities|||
|Wages
Pensions|601,331
11,425|216,869
10,928|
|Night Shelter Costs
Suppoited
Living - Rent
Suppoited
Living
—Rates
Carried forward|5,603
519,278
11,721
1,149,358|2,692
509,948
24,103
764,540|
##
##
|for the Period 31||March 2021 to 29 March 2022|||
|---|---|---|---|---|
||||Period|Period|
||||31.3.21|1.4.20|
||||to|to|
||||29.3.22|30.3.21|
||||g||
|Charitable
activities|||||
|Brought fotward|||1,149,358|764,540|
|Supported
Living|-Light &Heat||20,404|13,844|
|Suppotted
Living
Supported
Living|—Telephone
- Food||1,084
88|1,631
2,001|
|Supported
Living|—TV License||302|747|
|Supported
Living|—Repairs||1649|10913|
||||1,172,885|793,676|
|Other|||||
|Computer
costs|||3,741|1,628|
|Telephone|||3,973|2,879|
|Stationary &advertising|||2,612|1,621|
|Sundries|||611|8,859|
|Working party expenditure
Travel|||1,370
17&741|7,052|
|Motor Expenses|||31,364|17,473|
|Professional
Fees|||20|1,402|
|Staff and volunteers||expenses|34,729|10,673|
|Accountancy|||2,500|2,500|
|Depreciation|||5,041|1,991|
|StaffWelfare|||761|427|
|Trade Subscriptions|||3,910|192|
|Companies
House||||13|
|Bank Charges|||526|115|
|Building Insurance|||5,280|3,058|
|Training Costs|||3,039|1,020|
|Loan Interest|||831||
|Auditors'
remuneration|||10,300||
|Bookkeeping|||3,068|2,735|
|Bad Debts|||48,642|26,262|
|Interest payable
VAT Registration||Adjustment||2,092
44 1165|
||||100059|136,057|
|Total resources expended|||1474 501|1,031,502|
|Net (expenditure)/income|||~276 362)|204,303|