2021-03-31-accounts

		Page
Report of the Trustees	1	to	7
Report of the Independent Auditors	8	to	10
Statement o f Financial Activities		11
Balance Sheet		12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	24

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	30,652	70,909	101,561	18,553
Charitable activities	4
Service contract income		2,303,296		2,303,296	2,052,095
Other charitable activities		−		−	17,039
Investment income	3	35,228		35,228	38,511
Total		2,369,176	70,909	2,440,085	2,126,198
EXPENDITURE ON
Charitable activities	5
Service contract income				−	21,019
Wages, salaries, agency fees and associated costs Property running costs		1,617,262 349,500	38,574 29,696	1,655,836 379,196	, 1,621,574 418,000
Residents activities and allowances		30,179		30,179	86,095
Depreciation and disposal charges		5,335		5,335	6,338
Professional fees		65,970		65,970	59,673
Office administration and running costs		259,440	2,639	262,079	97,402
Total		2,327,686	70,909	2,398,595	2,310,101
Net gains/(losses). on investments		167,399		167,399	(131,996)
NET INCOME/(EXPENDITURE)		208,889		208,889	(315,899)
RECONCILIATION OF FUNDS
Total funds brought forward		2,053,219		2,053,219	2,369,118
TOTAL FUNDS CARRIED FORWARD		2,262,108		2,262,108	2,053,219

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	11	999,161		999,161	984,745
Investments	12	944,700		944,700	754,079
		1,943,861		1,943,861	1,738,824
CURRENT ASSETS
Debtors	13	247,466		247,466	273,244
Cash at bank and in hand		210,937		210,937	181,978
		458,403		458,403	455,222
CREDITORS
Amounts falling due within one year	14	(140,156)		(140,156)	(140,827)
NET CURRENT ASSETS		318,247		318,247	314,395
TOTAL ASSETS LESS CURRENT
LIABILITIES		2,262,108		2,262,108	2,053,219
NET ASSETS		2,262,108		2,262,108	2,053,219
FUNDS	16
Unrestricted funds				2,262,108	2,053,219
TOTAL FUNDS				2,262,108	2,053,219

		2021	2020
	Notes
Cash flows from operating activities
Cash generated from operations	1	37,844	(303,929)
Net cash provided by/(used in) operating activities		37,844	(303,929)
Cash flows from investing activities
Purchase of tangible fixed assets		(19,751)	(70,032)
Purchase of fixed asset investments		(24,362)	(39,929)
Interest received		35,228	38,511
Net cash used in investing activities		(8,885)	(71,450)
Change in cash and cash equivalents in the
reporting period		28,959	(375,379)
Cash and cash equivalents at the beginning
of the reporting period		181,978	557,357
Cash and cash equivalents at the end of the
reporting period		210,937	181,978

RECONCILIATION O F NET INCOME/(EXPENDITURE) T O NET CASH ACTIVITIES	F L O W FROM OPE	RATING
	2021	2020
Net income/(expenditure) for the reporting period (as per the Statement
o f Financial Activities)	208,889	(315,899)
Adjustments for:
Depreciation charges	5,335	6,338
(Gain)/losses on investments	(167,399)	131,996
Interest received	(35,228)	(38,511)
Fixed asset investments adjustments	1,140	2,357
Decrease/(increase) in debtors	25,778	(163,856)
(Decrease)/increase in creditors	(671)	73,646
Net cash provided by/(used in) operations	37,844	(303,929)

	At 1.4.20	Cash flow	At 31.3.21
Net cash
Cash at bank and in hand	181,978	28,959	210,937
	181,978	28,959	210,937
Total	181,978	28,959	210,937

Freehold land and buildings	notprovided
Short leasehold property improvements	overperiod of lease
Fixtures and fittings	25% on cost
Motor vehicles	25% on cost

2.	DONATIONS AND LEGACIES
			2021	2020
	Donations		11,140	18,553
	Grants		90,421
			101,561	18,553
	Grants received, included in the above, are as follows:
			2021	2020
	Other grants		90,421
3.	INVESTMENT INCOME
			2021	2020
	Deposit account interest Dividends received	S	97 35,131	939 37,572
			35,228	38,511

			2021	2020
	Activity		£	£
Service contracts	Service contract income		2,297,721	2,052,095
Other income	Service contract income	•	5,575
Other income	Other charitable activities			17,039
			2,303,296	2,069,134

CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs	note 6)	Totals
Wages, salaries, agency fees and
associated costs	1,365,676	290,160	1,655,836
Property running costs	300,988	78,208	379,196
Residents activities and allowances	30,179		30,179
Depreciation and disposal charges	−	5,335	5,335
Professional fees	37,970	28,000	65,970
Office administration and running costs	122,195	139,884	262,079
	1,857,008	541,587	2,398,595

SUPPORT COSTS
			Governance
	Management	Other	costs	Totals
Wages, salaries, agency fees and associated
costs	285,346	4,814		290,160
Property running costs	71,874	6,334		78,208
Depreciation and disposal charges	−	5,335	−	5,335
Professional fees	19,149		8,851	28,000
Office administration and running costs	92,926	46,958	−	139,884
	469,295	63,441	8,851	541,587

	2021	2020
Auditors' remuneration	6,000	6,000
Auditors' remuneration for non audit work	2,851	3,233
Depreciation −owned assets	5,335	6,338
Other operating leases	145,127	121,615

	2021	2020
Wages and salaries	1,514,198	1,453,940
Social security costs	112,953	99,463
Pension costs	40,346	37,379
	1,667,497	1,590,782

COMPARATIVES FOR THE STATEMENT OF FIN	ANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	18,553		18,553
Charitable activities
Service contract income	2,052,095		2,052,095
Other charitable activities	9,792	7,247	17,039
Investment income	38,511		38,511
Total	2,118,951	7,247	2,126,198
EXPENDITURE ON
Charitable activities
Service contract income	21,019		21,019

10.	**COMPARATIVES FOR THE STATEMENT **	**COMPARATIVES FOR THE STATEMENT **	**OF FINANCIAL **	ACTIVITIES −confirmed	ACTIVITIES −confirmed
				Unrestricted	Restricted	Total
				funds	funds	funds
	Wages, salaries, agency fees and associated
	costs			1,614,327	7,247	1,621,574
	Property running costs			418,000	−	418,000
	Residents activities and allowances			86,095		86,095
	Depreciation and disposal charges			6,338		6,338
	Professional fees			59,673		59,673
	Office administration and running costs			97,402		97,402
	Total			2,302,854	7,247	2,310,101
	Net gains/(losses) on investments			(131,996)		(131,996)
	NET INCOME/(EXPENDITURE)			(315,899)		(315,899)
	RECONCILIATION OF FUNDS
	Total funds brought forward			2,369,118	−	2,369,118
	TOTAL FUNDS CARRIED FORWARD			2,053,219		2,053,219
11.	TANGIBLE FIXED ASSETS
			Improvements	Fixtures
		Freehold	to	and	Motor
		property	property	fittings	vehicles	Totals
		£	£	£	£	£
	COST
	At 1 April 2020	918,490	184,842	30,738	10,250	1,144,320
	Additions	−	19,751		−	19,751
	Disposals	−	(6,323)	(5,762)		(12,085)
	At 31 March 2021	918,490	198,270	24,976	10,250	1,151,986
	DEPRECIATION
	At 1 April 2020	−	118,587	30,738	10,250	159,575
	Charge for year		5,335		−	5,335
	Eliminated on disposal		(6,323)	(5,762)		(12,085)
	At 31 March 2021		117,599	24,976	10,250	152,825
	NET B O O K VALUE
	At 31 March 2021	918,490	80,671			999,161
	At 31 March 2020	918,490	66,255			984,745

FIXED ASSET INVESTMENTS
		Listed
		investments
MARKET VALUE
At 1 April 2020		754,079
Additions		24,362
Change in market value		167,399
Other miscellaneous adjustments		(1,140)
At 31 March 2021		944,700
NET BOOK VALUE
At 31 March 2021		944,700
At 31 March 2020		754,079
There were no investment assets outside the UK.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
Trade debtors	214,502	248,950
Prepayments and accrued income	32,964	24,294
	247,466	273,244
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
Trade creditors	47,604	36,098
Social security and other taxes	35,115	23,743
Other creditors	57,437	80,986
	140,156	140,827

Minimum lease payments under non−cancellable operating	leases fall due as follows:
	2021	2020
Within one year	86,340	105,738
Between one and five years	285,300	261,060
In more than five years	226,875	254,375
	593,515	621,173

M O V E M E N T I N FUNDS
		Net
		movement	At
	At 1.4.20	in funds	31.3.21
Unrestricted funds
General fund	1,303,219	208,889	1,512,108
Designated property fund	750,000		750,000
	2,053,219	208,889	2,262,108
T O T A L FUNDS	2,053,219	208,889	2,262,108

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	2,369,176	(2,327,686)	167,399	208,889
Restricted funds
BCC Covid Grant	70,909	(70,909)
T O T A L FUNDS	2,440,085	(2,398,595)	167,399	208,889
Comparatives for movement in funds
		Net	Transfers
		movement	between	At
	At 1.4.19	in funds	funds	31.3.20
	£	£	£	£
Unrestricted funds
General fund	1,484,118	(315,899)	135,000	1,303,219
Designated pension fund	30,000		(30,000)
Designated property fund	750,000			750,000
Designated service users void fund	45,000		(45,000)
Designated redundancy fund	60,000		(60,000)
	2,369,118	(315,899)		2,053,219
T O T A L FUNDS	2,369,118	(315,899)		2,053,219

Comparative net movement in funds	, included in the above are as fo	llows:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	2,118,951	(2,302,854)	(131,996)	(315,899)
Restricted funds
Access to Work	7,247	(7,247)
TOTAL FUNDS	2,126,198	(2,310,101)	(131,996)	(315,899)

A current year 12 months and prior year 12	months combined positio	n is as follows:
		Net	Transfers
		movement	between	At
	At 1.4.19	in funds	funds	31.3.21
	£	£	£	£
Unrestricted funds
General fund	1,484,118	(107,010)	135,000	1,512,108
Designated pension fund	30,000		(30,000)
Designated property fund	750,000			750,000
Designated service users void fund	45,000		(45,000)	−
Designated redundancy fund	60,000		(60,000)	−
	2,369,118	(107,010)		2,262,108
TOTAL FUNDS	2,369,118	(107,010)		2,262,108

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	4,488,127	(4,630,540)	35,403	(107,010)
Restricted funds
Access to Work	7,247	(7,247)
BCC Covid Grant	70,909	(70,909)
	78,156	(78,156)
TOTAL FUNDS	4,566,283	(4,708,696)	35,403	(107,010)