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|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|5|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||8|to|9|
|Cash Flow Statement||||10||
|Notes to the Cash Flow||Statement||||
|Notes to the Financial|Statements||12|to|19|
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|for the Year Ended 29|March 2023||||||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||31.3.21|
||||||Year Ended|to|
||||||29.3.23|29.3.22|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||217,657||217,657|335,468|
|Charitable
activities|||||||
|Supported
Living
Residents Licence
Top-up|||246,983
94,155||246,983
94,155|491,205
33,112|
|Other trading
activities|||271,754||271,754|338,350|
|Investment
income|||3||3|5|
|Total|||830,552||830,552|1,198,140|
|EXPENDITURE
ON|||||||
|Raising funds|||130,460||130,460|121,557|
|Charitable
activities|||||||
|Wages
Night Shelter Cost
Supported
Living
Pension costs|||364,504
11,529
287,535
11,117||364,504
11,529
287,535
11,117|601,331
5,603
554,526
11,425|
|Loss on disposal ofMotor Vehicle|||5,115||5,115||
|Other|||202,640||202,640|180,059|
|Total|||1,012900||1,012,900|1,474,501|
|Net gains on investments||||||100,000|
|NKT INCOME/(EXPENDITURE)|||(182,348)||(182,348)|(176,361)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought
forward|||54,484||54,484|230,845|
|TOTAL FUNDS CARRIED FORWARD|||~127,864)||~127,864)|54,484|
##
|BALANCE SHEET
29March 2023|||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets||13|352,334||352,334|358,684|
|CURRENT ASSETS|||||||
|Debtors||14|24,554||24,554|29,599|
|Cash at bank and in hand|||13,828||13,828|19,229|
||||38,382||38,382|48,828|
|CREDITORS|||||||
|Amounts
falling due within|one year|15|(209,092)||(209,092)|(170,450)|
|NKT CURRENT ASSETS|||(170,710)||i170,710)|(12),622)|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||181,624||181,624|237,062|
|CREDITORS|||||||
|Amounts
falling due after more than one year||16|(309,488)||(309,488)|(182,578)|
|NET ASSETS|||~127,864)||(127,864)|54,484|
|FUNDS||18|||||
|Unrestricted
funds|||||(127,864)|54,484|
|TOTAL FUNDS|||||i127,864)|54,484|
##
##
|for the Year Ended 29 Ma|rch 2023||||
|---|---|---|---|---|
|||||Period|
|||||31.3.21|
||||Year Ended|to|
||||29.3.23|29.3.22|
|||Notes|||
|Cash flows from operating
activities
Cash generated
from operations|||~665)|(6,342)|
|Net cash used in operating|activities||~665)|(6,342)|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets|||(6,999)|(10,926)|
|Sale oftangible fixed assets|||2,260||
|Interest received|||3|5|
|Net cash used in investing|activities||~4,736)|(10,921)|
|Cash flows from financing|activities||||
|Loan repayments
in year||||(3,142)|
|Net cash provided
by/(used|in) financing|activities||(3,142)|
|Change
in cash and cash
the reporting
period|equivalents|in|(5,401)|(20,405)|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||19,229|39,634|
|Cash and cash equivalents
the reporting
period|at the end|of|13,828|19,229|
##
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##
|ACTIVITIES|||||||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||31.3.21|
||||||Year Ended|to|
||||||29.3.23|29.3.22|
|Net expenditure
for the
Financial Activities)||reporting|period (as per|the Statement of|(182,348)|(176,361)|
|Adjustments
for:
Depreciation
charges
Loss on disposal of fixed
Interest received||assets|||5,974
5,115
(3)|5,042
(5)|
|||||||(100,000)|
|Decrease in debtors|||||5,045|30,214|
|Increase in creditors|||||165,552|234,768|
|Net cash used in|operations||||~665)|(6,342)|
|ANALYSIS OF|CHANGES IN NET DEBT||||||
|||||At 30.3.22|Cash flow|At 29.3.23|
|Net cash
Cash at bank and|in hand|||19,229|(5,401)|13,828|
|||||19,229|(5,401)|13,828|
|Debt|||||||
|Debts falling due
Debts falling due|within
after I|1 year
year||(9,260)
(36,598)|(13,000)
(249,310)|(22)260)
(285,908)|
|||||~45,858)|(262,310)|(308,168)|
|Total||||(26,629)|(267,711)|(294,340)|
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||||||Period|
|---|---|---|---|---|---|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
||Donations|||152,401|28,395|
||Grants|||65,256|307,073|
|||||217,657|335,468|
||Grants received,|included|in the above, are as follows:|||
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
||GENERAL|||65,256|307,073|
|||||65,256|307,073|
|3.|OTHER TRADING ACTIVITIES|||||
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
||Social Enterprise|||271,754|338,350|
|4.|INVESTMENT|INCOME||||
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
||Deposit account|interest||||
##
|5.|INCOME|FROM|FROM|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Period|
||||||||||31.3.21|
|||||||||Year Ended|to|
|||||||||29.3.23|29.3.22|
||Supported
Living
Residents Licence Top up||||Activity
Supported
Residents|Living
Licence|Top-up|246,983
94,155|491,205
33,112|
|||||||||341,138|524,317|
|6.|RAISING|FUNDS||||||||
||Raising donations|||and legacies|||||Period|
||||||||||31.3.21|
|||||||||Year Ended|to|
|||||||||29.3.23|29.3.22|
||Shop expenses
Fundraising
Costs|||||||120,464
9,996|86,097
35,420|
|||||||||130,460|121,517|
||Other trading||activities||||||Period|
||||||||||31.3.21|
|||||||||Year Ended|to|
|||||||||29.3.23|29.3.22|
||Purchases||||||||40|
||Aggregate|amounts||||||130,460|121,557|
##
##
|7.|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs (see||
|||Costs|note 8)|Totals|
||Wages
Night
Shelter Cost
Supported
Living
Pension costs|364,504
11,529
287,535
11,117||364,504
11,529
287,535
11,117|
||Loss on disposal ofMotor Vehicle||5,115|5,115|
|||674,685|5,115|679,800|
|8.|SUPPORT COSTS||||
|8.|SUPPORT C|OSTS||||
|---|---|---|---|---|---|
||||||Other|
||Loss on disposal ofMotor Vehicle||||5,115|
||Support costs,|included|in the above, are as follows:|||
||Other|||||
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
|||||Loss on||
|||||disposal||
|||||ofMotor|Total|
|||||Vehicle|activities|
||Loss on sale oftangible||fixed assets|5,115||
|9.|NKT INCOME/(EXPENDITURE)|||||
||Net income/(expenditure)||is stated after charging/(crediting):|||
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
||Depreciation
-owned assets
Deficit on disposal offixed assets|||5,974
5,115|5,042|
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||||Period|
|---|---|---|---|
||||31.3.21|
|||Year Ended|to|
|||29.3.23|29.3.22|
|Wages
Other|and salaries
pension costs|364,504
11,117|601,331
11,425|
|||375,621|612,756|
##
|The averag|e
monthly
number ofem|ployees
during
the year was as|follows:|||
|---|---|---|---|---|---|
||||||Period|
||||||31.3.21|
|||||Year Ended|to|
|||||29.3.23|29.3.22|
|Employees||||23|38|
|No employees
received emoluments||in excess of560,000.||||
|COMPARATIVKS FOR THK STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
|INCOME|AND ENDOWMENTS|FROM||||
|Donations|and legacies||335,468||335,468|
|Charitable|activities|||||
|Supposed
Residents|Living
Licence
Top-up||491,205
33,112||491,205
33,112|
|Other trading activities|||338,350||338,350|
|Investment|income||5||5|
|Total|||1,198,140||1,198,140|
|EXPENDITURE ON||||||
|Raising funds|||121,557||121,557|
##
|12.|COMPARATIVES|FORTHE STATEMENT|FORTHE STATEMENT|OF FINANCIAL ACTIVITIES - continued|OF FINANCIAL ACTIVITIES - continued|OF FINANCIAL ACTIVITIES - continued||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||Charitable
activities|||||||
||Wages
Night Shelter Cost
Supported
Living
Pension costs||||601,331
5,603
554,526
11,425||601,331
5,603
554,526
11,425|
||Other||||180,059||180,059|
||Total||||1,474,501||1,474,501|
||Net gains on investments||||100,000||100,000|
||NKT INCOME/(EXPENDITURE)||||(176,361)||(176,361)|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|fonvard|||230,845||230,845|
||TOTAL FUNDS CARRIED FORWARD||||54,484||54,484|
|13.|TANGIBLE FIXEDASSETS|||||||
|||||Freehold|Motor|Computer||
|||||property|vehicles|equipment|Totals|
||COST|||||||
||At 30March 2022|||350,000|15,162|3,736|368,898|
||Additions||||6,999||6,999|
||Disposals||||~15,162)||~15,162)|
||At 29 March 2023|||350,000|6,999|3,736|360,735|
||DEPRECIATION|||||||
||At 30March 2022||||7,787|2,427|10,214|
||Charge for year
Eliminated
on disposal||||5,320
~7,787)|654|5,974
~7,787)|
||At 29 March 2023||||5,320|3,081|8,401|
||NKT BOOKVALUE|||||||
||At 29 March 2023|||350,000|1,679|655|352,334|
||At 29 March 2022|||350,000|7,375|1,309|358,684|
##
|14.|DEBTORS: AMOUNTS|DEBTORS: AMOUNTS|FALLING DUK WITHIN ONK YEAR|||
|---|---|---|---|---|---|
|||||2023|2022|
||Trade debtors|||10,452|12,092|
||Other debtors|||12,993|12,993|
||VAT||||3,405|
||Prepayments|||1,109|1,109|
|||||24,554|29,599|
|15.|CREDITORS:|AMOUNTS FALLING DUE WITHIN ONK YEAR||||
|||||2023|2022|
||Bank loans and|overdrafts|(see note 17)|9,260|9,260|
||Other loans (see note 17)|||13)000||
||Trade creditors|||86,474|114,671|
||Social security
and other
Pension Liability||taxes|90,792
1,473|18,834
6,997|
||VAT|||638||
||Other creditors|||2,930|2,701|
||Net Wages
Accrued expenses|||2,025
2,500|2,687
15,300|
|||||209,092|170,450|
|16,|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR
2023||||2022|
||Bank loans (see note 17)
Trade creditors|||285,908
18,541|36,598
69,961|
||Social Security
Other creditors|and other|tax|5)039|70,980
5,039|
|||||309,488|182,578|
##
|17.|LOANS||||||
|---|---|---|---|---|---|---|
||An analysis ofthe maturity ofloans is given below:||||||
||||||2023|2022|
||Amounts
falling due|within one year on demand:|||||
||Bank loans||||9,260|9,260|
||Other loans||||13,000||
||||||22,260|9,260|
||Amounts
falling between one and
Bank loans - 1-5 years||two years:||27,338|36,598|
||Amounts
falling due|in more than|five years:||||
||Repayable
otherwise|than by instalments:|||||
||Bank loans more 5 yrs non-inst||||258,570||
|18.|MOVKMKNT IN FUNDS||||||
||||||Net||
|||||At|movement|At|
|||||30.3.22|in funds|29.3.23|
||Unrestricted
funds||||||
||General fund|||54,484|(182,348)|(127,864)|
||TOTAL FUNDS|||54,484|(182,348)|~127,S64)|
||Net movement
in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||Unrestricted
funds||||||
||General fund|||830,552|(1,012,900)|(182,348)|
||TOTAL FUNDS|||S30,552|~1,012,900)|~182,348)|
##