## 

## 

|CONTENTS||||Page|
|---|---|---|---|---|
|Charity Reference and Administrative||Details|||
|Trustees'<br>Annual<br>Report||||2-7|
|Auditors'<br>report||||8-11|
|Statement offinancial<br>activity||||12-13|
|Balance sheet||||14|
|Statement ofcash flows||||15|
|Notes to the financial<br>statements||||16-27|
|Thefollowing page does notform part ofthefinancial|||statements||
|Detailed statement offinancial|activities|||28-29|





## 

## 

## 

|Charity|name:|Fusion Housing|Kirklees Limited|
|---|---|---|---|
|Charity number:||1151483||
|Company|number:|08158320||
|Trustees:||||
|||DJBinns||
|||ECannell||
|||DHullock||
|||KKnott||
|||C Ledwon||
|||M A Leith||
|||C Lorenzelli||
|||RBMaysun|(Resigned 31March 2021)|
|||DP Moriarty||
|||CA Pattison||
|||SSmith||
|||NJTarren||
|||M Vangrove||
|||H LWalsh|(Resigned 31March 2021)|
|Company|Secretary|H D Minett|(Resigned 31March 2021)|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

|Local Authority|Number ofproperties|
|---|---|
|Kirklees|222|
|Calderdale|51|
|Wakefield|43|



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
|Note|||Funds|Funds|2021|2020|
||||f.|g|||
||Incoming resources||||||
|2|Donations|and legacies:|15,629||15,629|13,914|
||Learning||||||
|5|Charitable|activities|||||
||Housing advice and support||488,589|1,023,593|1,512,182|1,476,479|
|||||305,219|305,219|413,525|
||Recycling|||152,805|152,805|56,787|
||||488,589|1,481,617|1,970,206|1,946,791|
|3|Other trading<br>activities||2,981,136||2,981,136|2,359,575|
|4|Investment|income|22||22|177|
||Total income and endowments||3,485,376|1,481,617|4,966,993|4,320,457|
||Resources expended||||||
|6|Expenditure|on raising funds|1,631,845||1,631,845|1,259,132|
|7|Charitable|activities|||||
||Housing advice and support||1,423, 162|1,023,593|2,446,755|2,251,214|
||Learning||189,237|305,219|494,456|629,747|
||Recycling||96,017|152,805|248,822|89,536|
||Other||43,904||43,904|39,763|
||||1,752,320|1,481,617|3,233,937|3,010,260|
||Total resources expended||3,384,165|1,481,617|4,865,782|4,269,392|
|10|Net income|/(expenditure)|101,211||101,211|51,065|





## 

## 

|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Funds|
|Note||Funds|Funds|2021|2020|
||Net income/(expenditure)|101,211||101,211|51,065|
|20|Transfers<br>between funds|||||
||Net movement<br>in funds|101,211||101,211|51,065|
||Total funds brought forward|115,178|1,938|117,116|66,051|
||Total funds carried forward|216,389|1,938|218,327|117,116|



## 

## 



## 

## 

## 

|Notes||||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Total funds|Total funds|
||Fixed assets|||||||||
|14|Tangible assets|||||123,696||123,696|127,222|
||Current<br>assets|||||||||
|15|Debtors|||||581,702||581,702|572,372|
||Cash at bank||and|in hand||148,952|1,938|150,890|103,421|
|||||||730,654|1,938|732,592|675,793|
|16|Creditors:|amounts|||falling|||||
||due within||one year|||(528,998)||(528,998)|(511,357)|
||Net current||assets|||201,656|1,938|203,594|164,436|
||Total assets||less|current liabilities||325,352|1,938|327,290|291,658|
|17|Creditors:|amounts|||falling|(108,964)||(108,964)|(174,542)|
||due after more than||||one year|||||
||Net assets|||||216,388|1,938|218,326|117,116|
|20|Funds|||||||||
||Unrestricted||funds|||||216,388|115,178|
||Restricted funds:|||||||||
||Jean Conway||Trust|||||1,258|1,258|
||Howitt Homeless|||Trust||||230|230|
||Community|Legal||Services||||||
||Development||Fund|||||450|450|
||Total funds|||||||218,326|117,116|






## 

## 

## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|Note|||||||||
|Cash flow from operating<br>Cash generated/(absorbed)<br>Interest paid||activities<br>by operations|||||183,565<br>(17,726)|172,611<br>(13,890)|
|Net cash flow provided|by (used in) from||operating||activities||165,839|158,721|
|Cash flow from investing||activities|||||||
|Payment to acquire tangible||fixed assets|||||(46,188)|(49,913)|
|Interest received|||||||22|177|
|Net cash flow provided|by (used in) investing|||activities|||(46,166)|(49,736)|
|Cash flows from financing||activities:|||||||
|Loan repayments<br>in year|||||||(72,204)|(27,309)|
|Net cash provided<br>by (used in) financing|||activities||||(72,204)|(27,309)|
|Change in cash and cash equivalents<br>in the reporting|||||period||47,469|81,676|
|Cash and cash equivalents||consists at the|beginning||||103,421|21,745|
|ofthe reporting<br>period|||||||||
|Cash and cash equivalents||consists at the|end||||150,890|103,421|
|ofthe reporting<br>period|||||||||
|RECONCILIATION<br>OFNET|INCOME/(EXPENDITURE)|||||TO NET CASH FLOW FROM|||
|OPERATING ACTIVITIES|||||||||
||||||||2021|2020|
||||||||6||
|Net income/(expenditure)||for the reporting<br>period (as||||per|||
|the statement<br>offinancial||activities)|||||101,211|51,065|
|Adjustments<br>for:<br>Depreciation<br>charges|||||||49,714|45,044|
|Interest received|||||||(22)|(177)|
|Interest paid<br>(Increase) in debtors<br>Increase/(decrease)<br>in creditors|||||||17,726<br>(9,330)<br>24,266|13,890<br>(135,911)<br>198,700|
|Cash flow from operating||activities|||||183,565|172,611|





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

|2|Donations|and Legacies||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total Funds|Total Funds|
||Donations|||15,629||15,629|13,914|
|3|Other Trading Activities|||Unrestricted<br>Funds|Restricted<br>Funds|2021<br>Total Funds|2020<br>Total Funds|
||Rents and|housing benefit||2,981,136||2,981,136|2,359,575|
|4|Investment|Income||Unrestricted|Restricted|2021|2020|
|||||Funds|Funds|Total Funds|Total Funds|
||Deposit account interest|||22||22|177|
|5|Income from Charitable||Activities|||||
|||||||2021|2020|
||||Activity|||||
||Legal help <br>Grants|and court duty|Housing<br>Housing|advice and <br> advice and|support<br> support|68,160<br>1,444,022|139,719<br>1,336,760|
||Course delivery fees<br>Grants||Learning<br>Learning|||19,147<br>286,072|24,855<br>388,670|
||Grants||Recycling|||152,805|56,787|
|||||||1,970,206|1,946,791|



## 



## 

## 

## 

## 

||Other trading activities|Other trading activities||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|2021|2020|
|||||Funds|Funds|Total Funds|Total Funds|
||Tenancy costs|||1,631,845||1,631,845|1,259,132|
|7|Charitable|Activities Costs||||||
||||||Direct Costs|Support Costs|Totals|
||||||(see note 8)|(see note 9)||
||Housing<br>advice and support||||1,830,604|616,151|2,446,755|
||Learning||||369,940|124,516|494,456|
||Recycling||||186,163|62,659|248,822|
||Other|||||43,904|43,904|
||||||2,386,707|847,230|3,233,937|
|8|Direct Costs ofCharitable||Activities|||||
|||||||2021|2020|
||Staffcosts|||||2,245,136|1,997,880|
||Publicity||||||599|
||Beneficiary|costs||||3,884|6,016|
||Beneficiary|course costs||||1,856|2,527|
||Travel and|subsistence||||24,603|45,968|
||Trairling|||||3,816|9,882|
||Interpreter|fees||||2,871|2,567|
||Payments<br>to partners|||||16,204|104,741|
||Legal Aid disbursements|||||4,283|13,991|
||LWP Food|||||26,801|17,025|
||LWP Furniture|||||57,253||
|||||||2,386,707|2,201,196|
|9|Support Costs|||||||
|||||||Governance||
|||||Management|Finance|Costs|Totals|
|||||f,||||
||Other resources expended|||17,726|7,619|18,559|43,904|
||Housing<br>advice and support|||616,151|||616,151|
||Learning|||124,516|||124,516|
||Recycling|||62,659|||62,659|
|||||821,052|7,619|18,559|847,230|





## 

## 

## 

## 

|9|Support Costs —contin|Support Costs —contin|Support Costs —contin|ued||||
|---|---|---|---|---|---|---|---|
||Support costs, included|||in the above are as follows:||||
||||||Other|Housing||
||||||resources|advice and||
||||||expended|Support|Learning|
||Interest payable|and similar charges|||17,726|||
||Sundries||||3,148|||
||Bank charges||||4,471|||
||Auditors'<br>remuneration||||7,000|||
||Legal fees||||11,559|||
||Wages|||||230,088|46,497|
||Pensions|||||14,601|2,951|
||Rent, rates and water|||||140,258|28,344|
||Insurance|||||22,376|4,522|
||Light and heat|||||12,869|2,601|
||Postage, stationery||and|telephone||65,480|13,233|
||Other costs|||||92,350|18,662|
||Depreciation oftangible|||assets||38,129|7,706|
||||||43,904|616,151|124,516|
|||||||2021|2020|
||||||Recycling|Total|Total|
|||||||Activities|Activities|
||Interest payable and||similar charges|||17,726|13,890|
||Sundries|||||3,148|644|
||Bank charges|||||4,471|4,020|
||Auditors<br>remuneration|||||7,000|7,000|
||Legal fees|||||11,559|14,209|
||Wages||||23,398|299,983|310,518|
||Pensions||||1,485|19,037|18,555|
||Rent, rates and water||||14,263|182,865|194,790|
||Insurance||||2,276|29,174|20,052|
||Light and heat||||1,309|16,779|12,702|
||Postage, stationery|and telephone|||6,659|85,372|61,687|
||Other costs||||9,390|120,402|105,953|
||Depreciation oftangible|||assets|3,879|49,714|45,044|
||||||62,659|847,230|809,064|
|10|Net Income/(Expenditure)|||||||
||Net income/(expenditure)|||is stated after charging/||||
||(crediting):|||||2021|2020|
||Auditors'<br>remuneration|||||7,000|7,000|
||Depreciation —owned||assets|||49,714|45,044|





## 

## 

## 

||There were no trustees'<br>remuneration<br>or other be<br>ended 31March 2020.|nefits for the year ended 31March 2021|nor for the y|
|---|---|---|---|
||Trustees'<br>expenses|||
|||2021|2020|
||Trustees'<br>expenses|||
|12|Staff Costs|||
|||2021|2020|
||Wages and salaries|2,442,924|2,221,738|
||Office pension costs|121,232|105,216|
|||2,564,156|2,326,954|



|The average|monthly<br>number ofemployees<br>during the y|ear was as follows:||
|---|---|---|---|
|||2021|2020|
|Provision of|service|79|75|
|Management|and administration|9|7|
|||88|82|





## 

## 

||||||Year|ended 31March|2020|
|---|---|---|---|---|---|---|---|
|Note|||||Unrestricted|Restricted|Total|
||||||Funds|Funds|Funds|
||Income and endowments|||from||||
|2|Donations|and legacies|||13,914||13,914|
|5|Charitable|activities||||||
||Housing|advice and|support||853,044|623,435|1,476,479|
||Learning||||12,967|400,558|413,525|
||Recycling|||||56,787|56,787|
|3|Other trading activities||||2,359,575||2,359,575|
|4|Investment|income|||177||177|
||Total||||3,239,677|1,080,780|4,320,457|
||Expenditure<br>On|||||||
|6|Raising funds||||1,259,132||1,259,132|
|7|Charitable|activities||||||
||Housing<br>advice and||support||1,627,779|623,435|2,251,214|
||Learning||||229,189|400,558|629,747|
||Recycling||||32,749|56,787|89,536|
||Other||||39,763||39,763|
||Total||||1,929,480|1,080,780|3,010,260|
||Net income/(expenditure)||||51,065||51,065|
|20|Transfers<br>between funds|||||||
||Net movement<br>in funds||||51,065||51,065|
||RECONCILIATION||OF FUNDS|||||
||Total funds|brought|forward||64,113|1,938|66,051|
||Total funds|carried forward|||115,178|1,938|117,116|





## 

## 

|14|Tangible fixed assets|Tangible fixed assets||||Tenancy||||
|---|---|---|---|---|---|---|---|---|---|
||||Improvements|||property|Fixtures and|Computer||
||||to property|||assets|Fittings|Equipment|Totals|
||Cost:||6|||||||
||At 1 April 2020||136,278|||84,678|23,484|48,376|292,816|
||Additions|||||19,826|9,575|16,787|46,188|
||Disposals|||||||||
||At 31March 2021||136,278|||104,504|33,059|65,163|339,004|
||Depreciation:|||||||||
||At 1 April 2020||56,460|||51,959|16,188|40,987|165,594|
||Charge for the year||9,978|||26,351|3,374|10,011|49,714|
||Eliminated<br>on disposal|||||||||
||At 31 March 2021||66,438|||78,310|19,562|50,998|215,308|
||Net book value:|||||||||
||At 31March 2021||69,840|||26,194|13,497|14,165|123,696|
||At 31March 2020||79,818|||32,719|7,296|7,389|127,222|
|15|Debtors:<br>amounts|falling due within||one year||||2021|2020|
||Debtors and accrued|income||||||537,542|527,050|
||P repayments|||||||44,160|45,322|
|||||||||581,702|572,372|
|16|Creditors:<br>Amounts|falling|due within||one year|||2021|2020|
||Other loans (see note|18)||||||70,590|77,216|
||Trade creditors|||||||103,063|144,851|
||,'Social security and other taxes|||||||51,388|47,736|
||VAT|||||||1,857|31,442|
||Other creditors|||||||15,959|27,970|
||Deferred income|||||||263,508|145,891|
||Accrued expenses|||||||22,633|36,251|
|||||||||528,998|511,357|
|17|Creditors:<br>Amounts|falling due within|||one year|||2021|2020|
|||||||||E||
||Other loans (see note|18)||||||108,964|174,542|





## 

## 

## 

|Loans|Loans|Loans||||
|---|---|---|---|---|---|
|An analysis ofthe maturity ofloans is given below:||||||
|||||2021|2020|
|Amounts<br>falling due within one year on demand:||||||
|Other loans||||70,590|77,216|
|Amounts<br>falling between|one and two years|||||
|Other loans —1-2years||||67,931|65,578|
|Amounts<br>falling due between two and five||||||
|Other loans —2-5 years||||41,033|108,964|
|These loans are secured by charges over the assets ofthe charity.||||||
|Leasing Agreements||||||
|Minimum<br>lease payments|under non-cancellable|operating|leases fall due|||
|as follows:||||2021|2020|
|%'ithin one year||||26,120|19,695|
|Between one and five years||||49,974|42,278|
|In more than five years||||1,016,612|982,681|
|||||1,092,706|1,044,654|



## 

|||||Net movement|Transfers||
|---|---|---|---|---|---|---|
||||At 1.4.20|In funds|Between funds|At 31.3.21|
|Unrestricted|funds||||||
|General fund|||115,178|101,211||216,389|
||||115,178|101,211||216,389|
|Restricted<br>funds|||||||
|Jean Conway|Trust||1,258|||1,258|
|Howitt Homeless||Trust|230|||230|
|Community|Legal|Services|450|||450|
|Development|Fund||||||
||||1,938|||1,938|
|Total Funds|||117,116|101,211||218,327|





## 

## 

## 

## 

|||Incoming|Resources|Movement|in|
|---|---|---|---|---|---|
|||Resources|Expended|Funds||
|Unrestricted<br>funds||||||
|General fund||3,064,945|(2,963,734)|101,211||
|KMC Exchequer Services Grant||72,782|(72,782)|||
|KMC Stronger Families||19,360|(19,360)|||
|Foundation<br>Housing<br>Wakefield Pathways||33,521|(33,521)|||
|Advice Services Grant||156,718|(156,718)|||
|Advice UK&Lottery|Grant —Covid response|44,790|(44,790)|||
|Community<br>Justice —Covid response||57,719|(57,719)|||
|Job Retention Scheme||24,831|(24,831)|||
|Esmee Fairbairn Grant||9,000|(9,000)|||
|Third Sector Leaders||1,710|(1,710)|||
|||3,485,376|(3,384, 165)|101,211||
|Restricted<br>funds||||||
|Local Welfare Provision —Food||5,708|(5,708)|||
|Local Welfare Provision - Furniture||147,097|(147,097)|||
|Adult and Community|Learning|19,147|(19,147)|||
|Kirklees Better Outcomes Project||1,005,785|(1,005,785)|||
|Works Better —ESIF||286,072|(286,072)|||
|Tenant Finder Plus||17,808|(17,808)|||
|||1,481,617|(1,481,617)|||
|Total Funds||4,966,993|(4,865,782)|101,211||





## 

## 

## 

## 

|Movement<br>in Fund|s - Continued|s - Continued||||||
|---|---|---|---|---|---|---|---|
|Comparatives<br>for|movement<br>in funds|||||||
|||||Net movement|Transfers|||
||||At 1.4.19|In funds|Between funds|At 31.3.20||
||||6|||||
|Unrestricted<br>funds||||||||
|General fund|||64,113|191,340|(140,275)|115,178||
|Supporting<br>People|Grant—|||||||
|Floating Support||||(140,275)|140,275|||
||||64,113|51,065||115,178||
|Restricted<br>funds||||||||
|Jean Conway Trust|||1,258|||1,258||
|Howitt Homeless<br>Trust|||230|||230||
|Community<br>Legal Services|||450|||450||
|Development<br>Fund||||||||
||||1,938|||1,938||
|Total Funds|||66,051|51,065||117,116||
|Comparative<br>net movement||in funds, included|in the above|are as follows:||||
|||||Incoming|Resources|Movement|in|
|||||Resources|Expended|Funds||
|Unrestricted<br>funds||||||||
|General fund||||2,513,383|(2,322,043)|191,340||
|Supporting<br>People Grant —Floating Support||||260,951|(401,226)|(140,275)||
|Supporting<br>People Grant —Refugee Service||||62,482|(62,482)|||
|Supporting<br>People Grant —Bond Bank Floating|||Support|85,425|(85,425)|||
|Supporting<br>People Grant —Pre Tenancy Training||||12,967|(12,967)|||
|KMC Exchequer Services Grant||||78,919|(78,919)|||
|KMC New Burdens||||37,778|(37,778)|||
|Foundation<br>Housing|Wakefield Pathways|||33,521|(33,521)|||
|Advice Services Grant||||154,250|(154,250)|||
|||||3,239,676|(3,188,611)|51,065||
|Restricted funds||||||||
|Local Welfare Provision —Food||||48,000|(48,000)|||
|Adult and Community|Learning|||18,334|(18,334)|||
|BigLottery —Talent Match||||6,522|(6,522)|||
|Kirklees Better Outcomes Project||||585,818|(585,818)|||
|BigLottery Reaching|Communities<br>Grant|||42,117|(42,117)|||
|Community<br>Learning|Works|||7,323|(7,323)|||
|Works Better —ESIF||||284,315|(284,315)|||
|Tenant Finder Plus||||71,102|(71,102)|||
|KCA Research Grant||||17,250|(17,250)|||
|||||1,080,781|(1,080,781)|||
|Total Funds||||4,320,457|(4,269,392)|51,065||





## 

## 

## 

## 

## 



## 

## 

|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
||||g|||
|INCOME|AND ENDOWMENTS|||||
|Donations|and legacies|||||
|Donations||15,629||15,629|13,914|
|Other trading<br>activities||||||
|Rents and|housing<br>benefit|2,981,136||2,981,136|2,359,575|
|Investment|income|||||
|Deposit account interest||||22|177|
|Charitable|activities|||||
|Course delivery<br>fees|||19,147|19,147|24,855|
|Legal help|and court duty|68,160||68,160|139,719|
|IGrallis||420,429|1,462,470|1,882,899|1,782,217|
|||488,589|1,481,617|1,970,206|1,946,791|
|Total incoming<br>resources||3,485,376|1,481,617|4,966,993|4,320,457|
|EXPENDITURE||||||
|Other trading<br>activities||||||
|Tenancy costs||1,631,845||1,631,845|1,259,132|
|Charitable|activities|||||
|Wages||1,018,989|1,123,953|2,142,942|1,911,219|
|Pensions||48,594|53,600|102,194|86,661|
|Publicity|||||599|
|Beneficiary|costs||3,884|3,884|6,016|
|Beneficiary|course costs||1,856|1,856|2,527|
|Travel and subsistence|||24,603|24,603|45,968|
|Training|||3,816|3,816|9,882|
|Interpreter<br>fees||2,871||2,871|2,567|
|Payments<br>to|partners||16,204|16,204|104,741|
|Legal Aid disbursements|||4,283|4,283|13,991|
|LWP food|||26,801|26,801|17,025|
|LWP Furniture|||57,253|57,253||
|||1,070,454|1,316,253|2,386,707|2,201,196|
|Expenditure|carried forward|2,702,299|1,316,253|4,018,552|3,460,328|





## 

## 

## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|Expenditure<br>brought||forward||2,702,299|1,316,253|4,018,552|3,460,328|
|Support costs||||||||
|Management||||||||
|Wages||||239,986|59,997|299,983|310,518|
|Pensions||||15,230|3,807|19,037|18,555|
|Rent, rates and water||||146,291|36,573|182,864|194,790|
|Insurance<br>I.ight and heat||||23,342<br>13,423|5,835<br>3,356|29,177<br>16,779|20,052<br>12,702|
|Postage, stationery|and||telephone|68,298|17,074|85,372|61,687|
|Books and subscriptions||||13,219|3,305|16,524|12,232|
|Repairs and maintenance||||34,235|8,637|42,872|46,705|
|Computer<br>expenses||||31,380|7,845|39,225|28,785|
|Health and safety||||7,398|1,850|9,248|6,346|
|Motor expenses|||||5,793|5,793|6,106|
|Depreciation oftangible|||and heritage assets|39,770|9,944|49,714|45,044|
|Recruitment||||5,391|1,348|6,739|5,613|
|Committee<br>expenses|||||||166|
|Loan interest||||17,726||17,726|13,890|
|||||655,689|165,364|821,053|783,191|
|finance||||||||
|Sundries||||3,147||3,147|644|
|Bank charges||||4,471||4,471|4,020|
|||||7,618||7,618|4,664|
|Governance<br>costs||||||||
|Auditors'<br>remuneration||||7,000||7,000|7,000|
|Legal fees||||11,559||11,559|14,209|
|||||18,559||18,559|21,209|
|Total resources expended||||3,384,165|1,481,617|4,865,782|4,269,392|
|Net income/(expenditure)||||101,211||101,211|51,065|