2022-06-30-accounts - Af&v Launchpad Limited

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					Page
Trustees' Annual Report (Incorporating		the	Directors' Report)
Independent Auditor's	Report to the Members				14
Statement of Financial	Activities (Including		Income and Expenditure	Account)	18
Statement of Financial	Position				19
Statement ofCash Flows					20
Notes to the Financial	Statements				21
The Following Pages	Do Not Form	Part	ofthe Financial Statements
Detailed Statement of	Financial Activities				34

Key ou	tcome	statistics for t	he y	ear are as follow	s:
			/II'	A'd		I18peke;House	",:',:(,/o ofwhol
					IIS
Residents	during	year		39	10	71	120
Residents	at year-end			26		46	81. (39 moved on)
Residents	from a	homeless				63	107
background
Residents	gaining	ernploymen		12		23	36
in the year
Residents	from HMP			13			25
Successfully moved on
from Launchpad		(5-year
average)				79/128 (62%)	1/1 (100%)	109/183(60%)	189/312 (61%)
Employment on movewn				48/128 (38%)	0/1	51/183 (28%)	99/312 (32%)
(5year average)

Launchpad	Launchpad	depends on partner organisations to effect the holistic support we bring to the residents.	depends on partner organisations to effect the holistic support we bring to the residents.
Key partners,			whom we would like to thank for their excellent work are as foilows:
Welfare			We Are with You, Unique Fitness, Veterans Response, SSAFA, Angling Trust, The
			Soldiers Charity, Operation Veterans, NE Counselling Service, CRISISSkylight, Plumber
			Court, WWTW Project Nova, OT Placements, Northumbria University, Newcastle City
			Council, Northern Learning Trust, Newcastle Veterans Cycle Hub, Gateshead Walking Club, Widows Sons.
Mental	Health		Op Courage, MIND, Combat Stress, Veterans at Ease, TILS,Anxious Minds, Talking
			Therapies, Mental Health Concern, Samaritans, CRUISE, NHS Community Mental Health
			Team Plummer Court Humankind Gateshead FC Foundation.
Diversionary			Crisis Skylight, RBL,St Michaels Community Centre, Recyke y'bike, St Michaels Church,
Activities			B ker Prima School Northern Wei htliftin B ker Communi Trust
Employment Training			GEON Construction, Learning Curve, CRISIS Skylight, Finchale Group, Newcastle Rail Network, SODEXHO, Amazon, RE:GEN, Newcastle University, Sunderland University,
			Peo le Plus Buildin Heroes
Education		and	Walker HIVE, Northumberland University, Lifeworks, Bell Group (P&D), Learning
Training			Curve, Finchale Group, CRISIS Skylight, Re-Co-Co, Newcastle University, Sunderland
			Universi SAVANT
Housing			Gateshead Council, AFOS (Northumberland, Newcastle, North Tyneside, Durham,
			Gateshead), HAC, Private Landlords, My Space, Changing Lives, Riverside, Veterans
			Gatewa Shelter B ker Communi Trust/Karbon Homes
Others			Money Matters, Veterans UK, CAB, SSAFA, RBL,ABF, EE, National Energy,
			Nei hbourhood Police
Welfare			Sanctuary, Addaction, Veterans Welfare, RBL, Everton in the Community, Tom Harrison
			House Rise, Pro ect Nova
Mental	Health		Sanctuary, Talk Liverpool, Moss House, CHATS, Local GP /CPN support, Op Courage,
			PTSD UK
Diversionary			Liverpool Veterans, Healthiness, Everton in the Community, Sovini Group, Bay Tree
Activities			Cooking, Battle-Back Centre, Yorkshire Dales Guides, LFC Foundation, Gary Perriton,
			Plant a Tree Foundation,
Training			Speke Training and Education Centre, DWP, Sovini Group, Liverpool in Work, Inside
			Connections, Veterans into L istics
Job huntin			DWP Reach Live ool in work LCC Inside Connections
Housin			South Live Homes, Pro Pool Plus CC Housin Riverside
Others			Warrior Programme, M&S Neighbourly, local councillors, AstraZeneca

He f '	cre''	'ouse	i '; .i'.i ." ( [ )/, (t ""'t "li) (f ' j~ti"' ':'!' i ii fIj	'iiii '' 'I 'I (	i L,''Ia''IE't	',ip	i 'ii)' i,	""""„'*, )',',fj„", ' ii	""""„'*, )',',fj„", ' ii	""""„'*, )',',fj„", ' ii	.		' 'i i j i'
Welfare			WNmNPro'ectNova Live WellNE RBL The					Soldiers			Chari	EastDurham		Veterans
Mental	Health		Sunderland University OT Placements,			Chester-le-Street					Mental		Health Clinic,	Anxious
			Minds, Veterans at Ease,	VTiLS, NHS		Veterans		Mental			Health	Complex Treatment
			Services, GP Secondary	Mental	Health,		Tees,	Esk	and	Wear Valley Foundation					NHS
			Trust
Diversionary			To be established having	officially taken			ownership		11	May 2022
Activities
Employment			ESH Group, RFEA, BAE
Trainin
Education		and	Learning Curve, Finchale	Group,	Veterans Woodcraft,					Newton		Aycliffe Veterans			Hub,
Trainin			Woodshed Sacriston
Housin			AFOS DurhamKe 0 tions
Others			To be established having	officially taken			ownership		11	May 2022

				AF&V Launchpa	AF&V Launchpa	d	d	Limited	Limited
	Trustees'		Annual	Report (Incorporating		the		Directors' Report)		(canenuect)
				Year Ended 30		June 2022
Reference	and Administrative			Details
Registered	charity name			AF&V Launchpad	Limited
Charity registration		number		1153185
Company	registration		number	08633047
Principal office and		registered		Enterprise House
office				Harmire Enterprise		Park
				Bamard Castle
				DL12 8XT
The Trustees
				Nicholas Tubbs
				Kenneth McMillan
				Richard Dixon-Warren
				Lucinda Perriam
				Dr Philip Mixer
				Sharon Stainsby-Thompson
				Colonel Mark Underhill			OBE DL
Manager ofAvondale			House	Phil Thompson
Manager ofSpake House				Samantha Jackson
Company	Secretary			Amanda JCrompton
Auditor				Jane Ascroft Accountancy				Limited
				Chartered Accountants			&	statutory	auditor
				Enterprise House
				Harmire Enterprise		Park
				Bamard Castle
				County Durham
				DL128XT
Bankers				Co-Operative Bank				Royal Bank ofScotland
				PO Box 101				Holt's Famborough		Branch
				1 Balloon Street				Lawrie	House
				Manchester				Victoria Road
				M60 4EP				Fambo	rough
								GU14 7NR.

					2022		2021
				Unrestricted	Restricted
			Note	funds R	funds f	Totalfunds	Total funds
Income and endowments
Donations and legacies			5	193,079	249,527	442,606	447,092
Charitable activities			6	597,409		597,409	539,109
Investment income			7	3,698		3,698	3,003
Other income			8	9,550		9,550	6,791
Total income				803,736	249,527	1,053,263	995,995
Expenditure
Expenditure on charitable		activities	9,10	790,101	200,082	990,183	872,536
Total expenditure				790,101	200,082	990,183	872,536
Net income				13,635	49,445	63,080	123,459
Transfers between	funds			67,858	(67,858)
Net movement in	funds			81,493	(18,413)	63,080	123,459
Reconciliation of	funds
Total funds brought	forward			1,204,108	164,737	1,368,845	1,245,386
Total funds carried forward				1,285,601	146,324	1,431,925	1,368,845

	Statement ofFina	ncial Po	sition
	30June	2022
			2022		2021
		Note		R
Fixed Assets
Tangible fixed assets				1,113,679	748,667
Current Assets
Debtors		'l7	64,962		32,367
Cash at bank and in hand			588&450		642,132
			653&412		874,499
Creditors: amounts	falling due within one year	18	103,437		54,321
ket Current Assets				549,975	620,178
Total Assets Less Current Uabllltles				1,663,654	1,368,845
Creditors: amounts	fai6ng due after more than
one year		19		231,729
Net Assets				1,431,825	1,388,845
Funds ofthe Charity
Restricted funds				146,324	164,737
Unrestricted funds				1,285,601	1,204,108
Total charity funds				1,431,925	1,368,845

	Statement ofCash Flows
	Year Ended 30June 2022
		2022	2021
		R
Cash Flows from Operating Activities Net income		63,080	123,459
Adjustments for.
Depreciation oftangible fixed assets		38,687	38,814
Other interest receivable and similar income		(3,698)	(3,003)
Interest payable and similar charges Accrued expenses		696 18,848	4,406
Changesin: Trade and other debtors Trade and other creditors		(9,918) (4,659)	4,394 2,517
Cash generated from operations		103,036	170,587
Interest paid Interest received		(696) 3,698	3,003
Net cash from operating activities		106,038	173,590
Cash Flows from Investing Activities
Purchase oftangible assets		(403,699)	(19,984)
Proceeds from sale oftangible assets			12,424
Net cash used in investing activities		(403,699)	(7,560)
Cash Flows from Financing Activities
Proceeds from borrowings		243,979
Net cash from financing activities		243,979
Net (Decrease)/Increase in Cash and Cash Equivalents		(53,682)	166,030
Cash and Cash Equivalents at Beginning ofYear		642,132	476,102
Cash and Cash Equivalents at End	ofYear	588,450	642,132

Donations and Legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
			R
Donations
General donations	20,815		20,815
Gifts
Gifts in kind	11,464		11,464

			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022 f
Grants
Army Benevolent Fund Queen Mary's Roehampton		Trust		45,947 10,000	45,947 10,000
Armed Forces Covenant	Fund Trust			8,438	8,438
Garfield Weston Foundation				30,000	30,000
Nationwide Community Grants Steve Morgan Foundation Veterans' Foundation			160,800	46,384 12,431	46,384 12,431 160,800
Leathersellers				20,000	20,000
Dowager Countess Eleanor SirJames Knott Trust		Peel Trust		5,000 5,000	5,000 5,000
The Clothworkers' Foundation				22,000	22,000
Forces Support Other 'grant income				17,046 27,281	17,046 27,281
			193,079	249,527	442,606
			Unrestricted	Restricted	Total Funds
			Funds f	Funds f	2021
Donations
General donations			3,921		3,921
Gifts
Gifts in kind
Grants
Army Benevolent Fund				43,050	43,050
Drapers Charitable Trust				15,000	15,000
Queen Mary's Roeharnpton Trust Armed Forces Covenant Fund Trust				10,000 70,413	101000 70,413
Steve Morgan Foundation				27,968	27,968
Veterans' Foundation			200,000		200,000
Big Salute				9,100	9,100
Leathersellera				10,000	10,000
Avondale House AM post Morrisons Foundation				7,000 9,100	7,000 9,100
SirJames Knott Trust				5,000	5,000
Forces Support Other grant income			4,249	2,005 30,286	2,005 34,535
			208,170	238,922	447,092

						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022	Funds	2021
									F
	Rent receivable					375,152	375,152	328,940	328,940
	Service charges receivable					222,257	222,257	210,169	210,169
						597,409	597,409	539,109	539,109
7.	Investment		Income
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022	Funds	2021
						F		F	F
	Bank interest			receivable		3,698	3,698	3,003	3,003
8.	Other Income
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022	Funds	2021
							f,
	Employment allowance Insurance claim					5,153 3,033	5,153 3,033	4,997 1,530	4,997 1,530
	Recharged		expenses			1,364	1,364	264	264
						9,550	9,550	6,791	6,791
9.	Expenditure			on Charitable	Activities	by Fund Type
							Unrestricted	Restricted	TotalFunds
							Funds	Funds	2022
							F	F	R
	Avondale	House					361,366	ee,8eo	461,256
	Speke House Hollyacre House						381,707 47,028	100,192	481,899 47,028
							790,101	200,082	990,183
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
	Avondale		House				366,125	80,751	446,876
	Speke House						341,437	84,223	425,660
	Hollyacre		House
							707,562	164,974	872,536

10.	Expenditure	on Charita	bl	e Activ	Typ	e
						Activities
						undertaken	Total funds	Total fund
						directly	2022 f	2021 F
	Avondale House					461,256	461,256	446,876
	Speke House Hollyacre House					481,899 47,028	481,899 47,028	425,660
						S90,183	990,183	872,536
11.	Net Income
	Net income is stated after			charging/(crediting):			2022	2021
	Depreciation	oftangible	fixed assets				38,687	38,814
12.	Independent	Examination		Fees
							2022 f	2021 E'
	Fees payable Independent	to the independent examiner/auditor examination ofthe financial statements			for:			1,680
	Audit ofthe financial statements						2,500
	Other financial services						1,895	1,620
							4,395	3,300

16.	Tangible Fixed Asse	ts
				Improvements
		Freehold		to	leasehold	Tools and	Furniture	and	Motor
		property f			property	Equipment f	fixtures		vehicles	Total
	Cost
	At 1 Jul 2021				846,123	27,990	72,391		64,012	1,010,516
	Additions	350,000			22,850	290	27,059		3,500	403,699
	At 30Jun 2022	350,000			868,973	28,280	99,450		67,512	1,414,215
	Depreciation
	At1 Jul2021				147,522	19,572	48,658		46,097	261,849
	Charge for the
	year		2,319		21,599	2,178	7,893		4,698	38,687
	At 30Jun 2022		2,319		169,121	21,750	56,551		50,795	300,536
	Carrying amount At 30Jun 2022	347,681			699,852	6,530	42,899		16,717	1,113,679
	At 30Jun 2021				698,601	8,418	23,733		17,915	748,667
17.	Debtors
									2022	2021
	Trade debtors								21,185	8,997
	Prepayments and accrued income								43,777	23,370
									64,962	32,367
18.	Creditors: amounts	falling due within one				year
									2022	2021
									f,	f
	Bank loans and overdrafts								12,250
	Trade creditors								7,483	15,416
	Accruals and deferred	income							65,948	24,423
	Social security and other		taxes						14,772	11,955
	Other creditors								2,984	2,527
									103,437	54,321

Analysis ofCharitable F	Analysis ofCharitable F	unds
Unrestricted funds
		At				At
		1 July 2021 F	Income E	Expenditure	Transfers 30	June 2022 f
General Funds		455,441	803,736	(751,414)	(104,112)	403,651
Long term liabilities Capital Funds		748,667		(38,687)	(231,729) 403,699	(231,729) 1,113,679
		1,204,108	803,736	(780,101)	67,858	1,285,601
		At				At
		1 July 2020	Income	Expenditure	Transfers 30	June 2021
				F
General Funds		273,423	757,073	(668,748)	93,693	455,441
Capital Funds		779,921		(38,814)	7,560	748,667
		1,053,344	757,D73	(7D7,562)	101,253	1,204, 108
Restricted funds
		At				At
		1 July 2021	Income	Expenditure	Transfers 30	June 2022
						R
Army Benevolent Fund SirJames Knott Trust		31,835 4,173	45,947 5,000	(41,042)	(7,576) (5,004)	29,164 4,169
Garfield Weston
Foundation			30,000	(3,369)	(11,318)	15,313
Armed Forces Covenant
Fund Trust		70,453	8,438	(53,544)	(914)	24,433
Big Salute		961		(462)		499
Avondale House	AM
post		5,720		(5,720)

Analysis ofCharitable	Analysis ofCharitable	Funds	(contInuectl
Byker Ward			439		(65)			374
Hadrian Trust				2,000		(2,000)
Leathersellers			5,835	20,000	(2,880)	(10,000)		12,955
Queen Mary's
Roehampton Trust			7,494	10,000		(15,000)		2,494
Forces Support				17,046	(14,603)			2,443
Angling Trust			2,651					2,651
B&Q Neighbourly			5,000		(5,000)
Drapers Charitable	Trust		15,000		(12,714)			2,286
SH Capital Works			5,000	37,000	(30,801)	(11,199)
Liverpool Men's Suicide
Prevention			2,740		(732)			2,008
Speke House SCW post Morrlsons Foundation			4,565 2,871	15,000	(12,532) (589)	(2,952)		4,081 2,282
Steve Morgan
Foundation				12,431	(12,431)
Nationwide				46,384	(3,598)	(1,614)		41,172
BCT/Karbon				281		(281)
			164,737	249,527	(200,082)	(67858)	,	146,324
			At					At
		1 July 2020		Income	Expenditure	Transfers 30		June 2021 f
Army Benevolent Fund SirJames Knott Trust			41,250 4,168	43,050 5,000	(45,525)	(6,940) (4,995)		31,835 4,173
Garfield Weston
Foundation			20,000			(20,000)
National Lottery-
Awards For All			357		(357)
Armed Forces Covenant
Fund Trust			66,243	70,413	(65,607)	(596)		70,453
Big Salute				9,100	(8,139)			961
Avondale House AM
post Byker Ward			6,341 439	7,000	(7,621)			5,720 439
Gwyneth Forrester	Trust		22,500			(22,500)
Hadrian Trust			167			(167)
Joicey Trust Leathersellers			3,000 5,835	10,000		(3,000) (10,000)		5,835
Queen Mary's
Roehampton Trust			7,498	10,000		(10,004)		7,494
Sun 50 Reader Fund			16,666			(16,666)
Forces Support Angling Trust			(2,422)	2,005 3,530	(310) (879)	727		2,651


Analysis ofCharitable	Funds	(cont/nued)
B&Q Neighbourly Drapers Charitable Trust SH Capital Works			5,000 15,000 5,000			5,000 15,000 5,000
Liverpool Men's Suicide Prevention Speke House SCW post Morrisons Foundation			3,256 13,500 9,100	(516) (7,937) (6,229)	(998)	2,740 4,565 2,871
Steve Morgan
Foundation			27,968	(21,854)	(6,114)
		192,042	238,922	(164,974)	(101,253)	164,737

							Unrestricted	Restricted	Restricted	Total Funds
							Funds		Funds	2022
										E
	Tangible fixed Current assets	assets					1,113,679 507,088		146,324	1,113,679 653,412
	Creditors less than		1	year			(103,437)			(103,437)
	Creditors greater than			1 year			(231,729)			(231,729)
	Net assets						1,285,601		146,324	1,431,626
							Unrestricted	Restricted		Total Funds
							Funds		Funds	2021
									E
	Tangible fixed Current assets	assets					748,667 509,762		164,737	748,667 674,499
	Creditors less	than	1	year			(54,321)			(54,321)
	Creditors greater than			1 year
	Net assets						1,204,108		164,737	1,368,845
23.	Analysis ofChanges			ln	Net Debt
										At
							At 1 Jul 2021	Cash flows		30Jun 2022
							F		K
	Cash at bank and		in hand				642,132		(53,682)	588,450
	Debt due within one year								(12,250)	(12,250)
	Debt due aRer	one	year					(231,729)		(231,729)
							642,132	(267,661)		344,471
24.	Operating Lease		Commitments
	The total future	minimum			lease payments	under	non-cancellable operating		leases are as follows:
									2022 f	2021
	Not later than 1 year Later than 1 year and Later than 5years			not	later than 5years				71,000 213,000 260,333	71,000 213,000 331,333
									544,333	615,333

	Year Ended 30Jun	e 2022
		2022f	2021
Income and endowments
Donations and legacies General donations		20,815	3,921
Gifts in kind		11,464
Army Benevolent Fund Drapers Charitable Trust Queen Mary's Roehampton Trust Armed Forces Covenant Fund Trust		45,947 10,000 8,438	43,050 15,000 10,000 70,413
Garfield Weston Foundation		30,000
Nationwide Community Grants Steve Morgan Foundation Veterans' Foundation		46,384 12,431 160,800	27,968 200,000
Big Salute Leathers elle ra		20,000	9,100 10,000
Avondale House AM post Morrisons Foundation			7,000 9,100
Dowager Countess Eleanor SirJames Knott Trust	Peel Trust	5,000 5,000	5,000
The Clothworkers' Foundation		22,000
Forces Support Other grant income		17,046 27,281	2,005 34,535
		442,606	447,092
Charitable activities
Rent receivable		375,152	328,940
Service charges receivable		222,257	210,169
		597,409	539,109
Investment Income
Bank interest receivable		3,698	3,003
Other income
Employment allowance Insurance claim		5,153 3,033	4,997 1,530
Recharged expenses		1,364	264
		9,550	6,791
Total Income		1,053,263	995,995

		Year Ended 30June 20	22
			2022	2021
				F
Expenditure
Avondale House
Wages			160,300	173,002
NIC			46,125	41,749
Pension			14,461	13,394
Rent			70,999	59,142
Rates &water			7,745	10,725
Light &heat			24,518	27,407
Repairs &maintenance			27,455	11,395
Insurance			2,668	2,546
Cleaning			1,865	2,944
Bad debt expense			1,336	1,642
Professional fees			.25,827	25,871
Telephone			3,274	3,582
Other office costs			3,609	4,590
Depreciation			6,144	9,246
Sundry costs			1,308	2,876
Travel &accommodation			5,609	2,407
Furniture pack rental			17,381	16,750
Residents events &support		and project costs	10,439	10,896
Household packs for residents			2,517	10,355
Advertising, promotion	and	website	12,528	9,071
Staff training			657	269
Furniture pack purchase			14,491	7,017
			461,256	446,876
Speke House Wages			272,172	266,917
Rates &water			(1,899)	1,245
Light &heat			17,006	12,170
Repairs &maintenance			76,065	29,270
Insurance			5,874	5,818
Bad debts			4,332	(650)
Professional fees			28,177	21,229
Telephone Other office costs			3,200 4,296	2,746 5,113
Depreciation			29,856	29,568

		Year Ended 30June 20	22
			2022f	2021f
Brought forward			439,079	373,426
Sundries			1,721	1,273
Residents events &support		and project costs	21,291	28,501
Travel &accommodation			2,226	831
Household packs for residents Advertising, promotion and website			5,354 11,846	12,749 8,515
Staff training			382	365
			481,899	425,660
Hollyacre House
Wages			13,986
Light &heat			3331
Repairs &maintenance			211
Insurance			345
Professional fees			16,561
Telephone Other oflice costs			337 116
Depreciation			2,687
Loan interest			696
Travel &accommodation			1 311
Sundry costs			5,485
Residents events &support		and project costs	1,620
Advertising, promotion	and	website	342
			47,028
Total expenditure			990,183	872,535
Net income			63,080	123.450