REGISTERED CHARITY NUMBER: 1154412
Report of the Trustees and
Unaudited Financial Statements For The Year Ended 31st March 2023
for
Gatehouse Caring in East Anglia
Haines Watts 8 Hopper Way Diss Norfolk IP22 4GT
Gatehouse Caring in East Anglia
Contents of the Financial Statements For The Year Ended 31st March 2023
| Page | ||
|---|---|---|
| Chairman's Report | 1 | |
| CEO Report | 2 | to 3 |
| Report of the Trustees | 4 | to 6 |
| Independent Examiner's Report | 7 | |
| Statement of Financial Activities | 8 | |
| Balance Sheet | 9 | |
| Notes to the Financial Statements | 10 | to 16 |
| Detailed Statement of Financial Activities | 17 | to 18 |
Gatehouse Caring in East Anglia
Chairman's Report For The Year Ended 31st March 2023
As reported last year 2022-2023 has again been extremely challenging for those we support, our funders, our wider stakeholders, and the Charity itself. The escalating 'cost of living crises coupled with the legacy of the pandemic has hit particularly hard the vulnerable in our local community who rely on the services we provide.
Consequently, Gatehouse has again had to address an incredibly challenging operational environment and increasing demand requiring us to take tough decisions about how we can most effectively help those needing our support.
Over the last 12 months, we have experienced record numbers using the Charity, although our ability to work within the local community has not been threatened or compromised to the same degree as faced by some other Charities. There are a number of reasons for this, notably a high and positive local profile, a focus on building up reserves in line with Charity Commission Guidance, broadening the range of our activities after consultation with our statutory partners and increasingly entering contractual, time limited arrangements to deliver services on their behalf.
Our core established activities, namely the Food Bank in its various forms, the Home Store and the annual Christmas Project remain the bedrock of what we do. However, we also now have a wider more diverse portfolio of services with their own individual funding arrangements and an increasing emphasis on mental health and 'well-being featuring both crisis intervention and prevention programmes for the vulnerable and 'hard to reach' members of our community:
Finally, I and my fellow Trustees wish to express our thanks to our Chief Executive, her staff, volunteers and wider supporters for their outstanding work and commitment over the last twelve months ensuring that the Charity remains both relevant and accessible to those needing our help.
Alan Reynolds Chair of Trustees
Page 1
Gatehouse Caring in East Anglia
CEO Report For The Year Ended 31st March 2023
Gatehouse - Caring in East Anglia is a Registered Charity that since 1986 has provided services to the socially and financially disadvantaged in our local communities.
Through the Homestore we Serve 4,000 customers a year Approximately 200 people a week, Demand for our Foodbank continues to escalate and we expect to provide 700 vulnerable people in St Edmundsbury access to affordable food and hygiene items a year
Our Homestore and elements of our Foodbank in reality, often work in tandem as the gateway to our services: It is a good example of a 'Social Supermarket', Our work is not just to provide or sell cheap food but to help build more support and resilience to individuals and our wider community during this crisis.
The social Supermarket has been a direct result of both the Covid Pandemic and also the cost-of-living Crisis. We have an increased number of people accessing our services, who have never had financial issues before, they are often reluctant to ask for help and find it embarrassing to accept handouts. The Social Supermarket is an excellent way for them to keep their dignity by way of small financial donation and a chance to build relationships and trust and therefore give access to help and services with a 'soft touch' approach, through the following:
-
Addressing Loneliness by creating group activities
-
Free services to help those marginalised by poverty
-
Information sharing and warm handover process to local organisations to encourage engagement with health services.
-
Peer support using group emails and whatsapp groups for feedback and updates
-
and encouragement to engage using our other services such as the warm hub and community lunches.
Gatehouse has been through many changes this year, as we have started to restructure the charity in 'the new world' post covid. I'd like to say what a great team of trustees, staff and volunteers we have at Gatehouse and how well they have coped with the continual changes and congratulate them on being able to embrace new ideas for the project and adapt to new ways of working. This year the priority has been to secure the funding to enable us to help as many vulnerable people financially as the Cost-of-living crisis takes hold, whilst also ensuring that we as a charity can absorb the rising costs for our own building etc. We have also established new working relationships particularly as we take on more health-related services and build on those new relationships with the NHS.
As we move into 2023-24 we shall be looking at how we continue to provide our core services, whilst reducing costs to the charity. Working closely with the newly elected council and other new organisations through the town we shall find ways to distribute our limited funds to the maximum amount of people, coproduction will be key to this.
Acknowledgements
We gratefully acknowledge support from: AMP Ltd Ashtons Legal Becketts British Sugar Burnett & Barker Bury Abbey Rotary Bury in Bloom Bury Rickshaw Bury St Edmunds Golf Club Catholic Clothing Guild Cavendish PCC Chevington PCC Church Walks Community Fund Denbury Homes East of England Co-Op East Suffolk Council Essex Trust Fitton Trust Music Sales Gedding & Felsham Village Hall Glasswells Green & Green Greene King Gt. Barton Church Gt. Saxham PCC
Page 2
Gatehouse Caring in East Anglia
CEO Report For The Year Ended 31st March 2023
HMPPS Horringer PCC Jane Hill Ltd John Jolly Masonic Charitable Trust MCF MWG Multiculture NFU Mutual Pakenham PCC Rausing Trust Ridley Godfrey Foundation Rotaract Round Table Sir Frederick Hiam Sir Robert Gooch Thurston Butchers SMCC Southgate Church St Edmunds BC St Edmunds Catholic Church St Edmunds School St Edmunds Trust St Edmundsbury Cathedral St Benedicts School St George's Parochial Church Suffolk Community Foundation Suffolk Community Healthy Heart Suffolk County Council Vinyl Hunter Waitrose West Suffolk Council
Page 3
Gatehouse Caring in East Anglia
Report of the Trustees For The Year Ended 31st March 2023
The trustees present their report with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
Formation
The Charitable Incorporated Organisation was registered on 31 October 2013 and commenced activities on 01 April 2016.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the CIO are as follows:-
-
To promote social inclusion for the public benefit by helping socially disadvantaged people in East Anglia, particularly but not exclusively, those who are elderly or suffering from disability of mind or body, and their carers to avoid social exclusion by providing facilities and opportunities for social interaction, leisure activities and general support.
-
To relieve financial hardship in East Anglia by :-
-
a) The recycling and re-use and provision of furniture, clothing and other household items;
-
b) The provision of food aid.
-
To protect and preserve the environment for the public benefit by promoting the re-use and recycling of furniture, clothing and other household items.
-
To relive those in need of charitable assistance in East Anglia by identifying and responding to those needs where unmet by other organisations, developing self-help groups and providing individual and family support.
-
Nothing in the CIO's constitution shall authorise an application of the property of the CIO for purposes which are not charitable.
Public benefit
In all its activities and decision making by the trustees of the CIO, they have taken into consideration the Charity Commissions guidance in respect of Public Benefit.
Volunteers
There are considerable number of volunteers who give up their time to assist Gatehouse and enables the charity to provide a wide range of services.
ACHIEVEMENT AND PERFORMANCE
Review of developments, activities and achievements
The Statement of Financial Activities on page 8 shows that at 31 March 2023 the charity had total funds of £637,909, of which £21,352 was unrestricted funds and £616,557 was restricted funds.
The trustees believe that the charity's assets as noted in the Balance Sheet on page 9 are adequate but not excessive to fulfil the obligations of the charity.
Page 5
Gatehouse Caring in East Anglia
Report of the Trustees For The Year Ended 31st March 2023
FINANCIAL REVIEW
Going concern and Covid-19
As reported last year 2022-2023 has again been extremely challenging for those we support, our funders, our wider stakeholders, and the Charity itself. The escalating 'cost of living crises coupled with the legacy of the pandemic has hit particularly hard the vulnerable in our local community who rely on the services we provide.
Consequently, Gatehouse has again had to address an incredibly challenging operational environment and increasing demand requiring us to take tough decisions about how we can most effectively help those needing our support.
Over the last 12 months, we have experienced record numbers using the Charity, although our ability to work within the local community has not been threatened or compromised to the same degree as faced by some other Charities. There are a number of reasons for this, notably a high and positive local profile, a focus on building up reserves in line with Charity Commission Guidance, broadening the range of our activities after consultation with our statutory partners and increasingly entering contractual, time limited arrangements to deliver services on their behalf.
Our core established activities, namely the Food Bank in its various forms, the Home Store and the annual Christmas Project remain the bedrock of what we do. However, we also now have a wider more diverse portfolio of services with their own individual funding arrangements and an increasing emphasis on mental health and 'well-being featuring both crisis intervention and prevention programmes for the vulnerable and 'hard to reach' members of our community:
Taking the above actions into consideration the Trustees believe that Gatehouse Caring in East Anglia CIO is still a going concern and the financial statements have been prepared accordingly.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is a Charitable Incorporated Organisation (CIO) that was registered with the Charity Commissioners on 31 October 2013 as a Foundation CIO and is governed by its constitution.
Recruitment and appointment of new trustees
Trustees are appointed by a resolution passed at a properly convened meeting of the charity trustees.
Organisational structure
The Charity's Trustees have control of the CIO and its property and funds.
Day to day operations of the charity is delegated to the C.E.O Amanda Bloomfield.
Risk management
The Trustees have a duty to identify and review the risks to which the Charitable Incorporated Organisation is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1154412
Registered office
Dettinger Way Bury St Edmunds Suffolk IP33 3TU
Page 5
Gatehouse Caring in East Anglia
Report of the Trustees For The Year Ended 31st March 2023
Trustees M Woodhouse R P Shepperson C M Green A L Reynolds Chair M Pilmer J Merriman P Cheung Honorary President Julie Wakelam Independent Examiner Haines Watts 8 Hopper Way Diss Norfolk IP22 4GT Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
C.E.O - Amanda Bloomfield Secretary - Toni Hunter
Approved by order of the board of trustees on 1 November 2023 and signed on its behalf by:
.............................................................................................. A L Reynolds - Trustee
Page 6
Independent Examiner's Report to the Trustees of Gatehouse Caring in East Anglia
Independent examiner's report to the trustees of Gatehouse Caring in East Anglia
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st March 2023.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Act. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simonetta Castellano
Haines Watts 8 Hopper Way Diss Norfolk IP22 4GT
Date: 07/11/2023
Page 7
Gatehouse Caring in East Anglia
Statement of Financial Activities For The Year Ended 31st March 2023
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 921 323,110 Charitable activities Grants receivable - - Direct charitable activities - 138,265 Investment income 2 800 6,990 Other income - 3,000 Total 1,721 471,365 EXPENDITURE ON Charitable activities Management and administration - - Direct charitable activities 744 457,051 Total 744 457,051 NET INCOME 977 14,314 RECONCILIATION OF FUNDS Total funds brought forward 20,375 602,243 TOTAL FUNDS CARRIED FORWARD 21,352 616,557 |
2023 2022 Total Total funds funds £ £ 324,031 273,721 - 350 138,265 196,293 7,790 1,484 3,000 2,226 473,086 474,074 - 72 457,795 359,204 457,795 359,276 15,291 114,798 622,618 507,820 637,909 622,618 |
2023 2022 Total Total funds funds £ £ 324,031 273,721 - 350 138,265 196,293 7,790 1,484 3,000 2,226 473,086 474,074 - 72 457,795 359,204 457,795 359,276 15,291 114,798 622,618 507,820 637,909 622,618 |
|---|---|---|
| 474,074 | ||
| 72 359,204 |
||
| 359,276 | ||
| 114,798 507,820 |
||
| 622,618 |
The notes form part of these financial statements
Page 8
Gatehouse Caring in East Anglia
Balance Sheet 31st March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 6 - CURRENT ASSETS Debtors 7 - Cash at bank 21,352 21,352 CREDITORS Amounts falling due within one year 8 - NET CURRENT ASSETS 21,352 TOTAL ASSETS LESS CURRENT LIABILITIES 21,352 NET ASSETS 21,352 FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 385,737 1,749 230,703 232,452 (1,632) 230,820 616,557 616,557 |
2023 Total funds £ 385,737 1,749 252,055 253,804 (1,632) 252,172 637,909 637,909 21,352 616,557 637,909 |
2022 Total funds £ 359,791 1,285 263,004 264,289 (1,462) 262,827 622,618 622,618 20,375 602,243 622,618 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 1[st] November 2023 and were signed on its behalf by:
............................................. A L Reynolds - Trustee
The notes form part of these financial statements
Page 9
Gatehouse Caring in East Anglia
Notes to the Financial Statements For The Year Ended 31st March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the Charitable Incorporated Organisation, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)',Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Going concern effect of covid 19
The Trustees have considered the consequences of COVID-19 and other events and conditions, and they have determined that they do not create a material uncertainty that casts significant doubt upon the charity's ability to continue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - | 4% - 20% on cost |
|---|---|---|
| Improvements to property | - | 4% - 20% on cost |
| Fixtures and fittings | - | 20% on cost |
| Motor vehicles | - | 33% on cost |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Government grants
Grants are accounted for under the accruals model as permitted by FRS 102.
Grants of a revenue nature are recognised in other income within profit or loss in the same period as the related expenditure.
continued...
Page 10
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued
For The Year Ended 31st March 2023
2.
3.
INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Rents received | 6,310 | 1,450 |
| Deposit account interest | 1,480 | 34 |
| 7,790 | 1,484 | |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 2023 | 2022 | |
| £ | £ | |
| Depreciation - owned assets | 18,312 | 11,870 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2023 nor for the year ended 31st March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2023 nor for the year ended 31st March 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
Full time Part time |
2023 4 4 8 |
2022 5 2 |
|---|---|---|
| 7 |
No employees received emoluments in excess of £60,000.
During the year £51,435 (2022: £43,056) was paid to Key Management for services to the charity.
continued...
Page 11
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued For The Year Ended 31st March 2023
6. TANGIBLE FIXED ASSETS
| Improvements Fixtures Freehold to and Motor property property fittings vehicles £ £ £ £ COST At 1st April 2022 194,993 183,490 4,347 30,768 Additions - - - 44,258 At 31st March 2023 194,993 183,490 4,347 75,026 DEPRECIATION At 1st April 2022 5,400 19,197 2,498 26,712 Charge for year 900 6,572 369 10,471 At 31st March 2023 6,300 25,769 2,867 37,183 NET BOOK VALUE At 31st March 2023 188,693 157,721 1,480 37,843 At 31st March 2022 189,593 164,293 1,849 4,056 |
Totals £ 413,598 44,258 |
|---|---|
| 457,856 | |
| 53,807 18,312 |
|
| 72,119 | |
| **385,737 ** | |
| 359,791 |
Included in cost or valuation of land and buildings is freehold land of £172,493 (2022 - £172,493) which is not depreciated.
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
8.
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Trade debtors | 1,749 | 1,285 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2023 | 2022 | |
| £ | £ | |
| Trade creditors | - | (50) |
| Accrued expenses | 1,632 | 1,512 |
| 1,632 | 1,462 |
continued...
Page 12
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued For The Year Ended 31st March 2023
9. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/22 | in funds | funds | 31/3/23 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 15,224 | 977 | - | 16,201 |
| Casino Night | 5,151 | - | - | 5,151 |
| 20,375 | 977 | - | 21,352 | |
| Restricted funds | ||||
| Bury Day Centre | 436 | (19) | - | 417 |
| Furniture | 97,345 | 65,110 | - | 162,455 |
| Local Welfare Assistance | 2,576 | 9,357 | - | 11,933 |
| Foodbank and Christmas project | 70,319 | 6,916 | - | 77,235 |
| Land & Buildings | 375,467 | (7,841) | - | 367,626 |
| Room Rental | 3,295 | - | - | 3,295 |
| Community Hub | (3,456) | (53,849) | 43,500 | (13,805) |
| Community Fund | 5,886 | (5,360) | - | 526 |
| Winter Fuel Fund | 6,285 | - | - | 6,285 |
| COVID Fund | 590 | - | - | 590 |
| Mindfullness | 43,500 | - | (43,500) | - |
| 602,243 | 14,314 | - | **616,557 ** | |
| TOTAL FUNDS | 622,618 | **15,291 ** | - | 637,909 |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 1,721 | (744) | 977 | |
| Restricted funds | ||||
| Bury Day Centre | - | (19) | (19) | |
| Furniture | 256,998 | (191,888) | 65,110 | |
| Local Welfare Assistance | 93,144 | (83,787) | 9,357 | |
| Foodbank and Christmas project | 53,317 | (46,401) | 6,916 | |
| Land & Buildings | 1 | (7,842) | (7,841) | |
| Community Hub | 46,889 | (100,738) | (53,849) | |
| Community Fund | 21,016 | (26,376) | (5,360) | |
| 471,365 | (457,051) | 14,314 | ||
| TOTAL FUNDS | 473,086 | (457,795) | **15,291 ** |
continued...
Page 13
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued For The Year Ended 31st March 2023
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1/4/21 | in funds | funds | 31/3/22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 15,209 | 133,575 | (133,560) | 15,224 |
| Casino Night | 5,151 | - | - | 5,151 |
| 20,360 | 133,575 | (133,560) | 20,375 | |
| Restricted funds | ||||
| Bury Day Centre | - | 436 | - | 436 |
| Furniture | 34,772 | (70,987) | 133,560 | 97,345 |
| Local Welfare Assistance | - | 2,576 | - | 2,576 |
| Foodbank and Christmas project | 60,221 | 10,098 | - | 70,319 |
| Land & Buildings | 384,595 | (9,128) | - | 375,467 |
| Room Rental | 3,295 | - | - | 3,295 |
| Community Hub | - | (3,456) | - | (3,456) |
| Community Fund | 5,408 | 478 | - | 5,886 |
| Winter Fuel Fund | 605 | 5,680 | - | 6,285 |
| COVID Fund | (1,436) | 2,026 | - | 590 |
| Mindfullness | - | 43,500 | - | 43,500 |
| 487,460 | (18,777) | 133,560 | 602,243 | |
| TOTAL FUNDS | 507,820 | 114,798 | - | 622,618 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 133,575 | - | 133,575 |
| Restricted funds | |||
| Bury Day Centre | 436 | - | 436 |
| Furniture | 7,438 | (78,425) | (70,987) |
| Local Welfare Assistance | 151,559 | (148,983) | 2,576 |
| Foodbank and Christmas project | 45,511 | (35,413) | 10,098 |
| Land & Buildings | 1 | (9,129) | (9,128) |
| Community Hub | 34,050 | (37,506) | (3,456) |
| Community Fund | 16,101 | (15,623) | 478 |
| Winter Fuel Fund | 6,500 | (820) | 5,680 |
| COVID Fund | 5,001 | (2,975) | 2,026 |
| Mindfullness | 73,902 | (30,402) | 43,500 |
| 340,499 | (359,276) | (18,777) | |
| TOTAL FUNDS | 474,074 | (359,276) | 114,798 |
continued...
Page 14
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued For The Year Ended 31st March 2023
9. MOVEMENT IN FUNDS - continued
DESCRIPTION OF RESTRICTED FUNDS
Bury Day Centre
The Day Centre provided a day of Social Interaction and activities planned to suit individual ability and need. The activities of the Day Centre have been moved to the Community Hub.
Furniture
Second hand furniture and other items are donated to the Charity and then given to its clients who are referred by Social Services, the furniture is not priced, and the Charity regards payment for items as donations. Those donating items are also encouraged to give a monetary donation. The Charity owns a van,and employs staff to collect and deliver the furniture.
Foodbank and Christmas Project
Gatehouse is working in partnership with other organisations, Churches and individuals throughout Bury, supported by local County and Borough Councillors providing three days of emergency food to local peoples in crisis. The Charity organises a Christmas Day lunch to offer companionship to people who would otherwise be alone or unable to manage for themselves on Christmas Day, along with the distribution of Christmas hampers to disadvantaged people and families.
Land and property
This fund holds the purpose built store from which the Furniture Store project is run. This was transferred from Gatehouse Caring in West Suffolk on 1 April 2016 and was shown as an incoming resource in year ended 31 March 2017. The building was originally funded by a National Lotteries Charity Fund grant to Gatehouse Caring in West Suffolk.
Room rental fund
This fund was established following the renting out of upstairs rooms at the charity's premises. The funds raised are to be used to lay on courses including a "Mindfulness" course.
Winter Fuel Fund
This fund was established following the Charity receiving a grant from Suffolk Community Foundation for the purpose of providing help to people struggling to pay their utility bills.
COVID-19 Fund
This fund was established to help those marginalised individuals in the community having difficulty accessing the vaccination programme.
Community Fund
The Community Fund was established following receiving grants from Suffolk Community Foundation and Suffolk County Council to establish a fund to assist with rent arrears, council tax bills and other expenses in times of hardship.
Community Hub Fund
Following the closure of the Bury Day Centre due to the Coronavirus restrictions the opportunity was taken to establish a Community Hub fund. This fund provides a cafe in the old Day Care Centre for use by the community.
Local Welfare Assistance Fund
This fund was established to provide assistance with provision of white goods, bedroom furniture and kitchen utensils to the local community.
Mindfulness Fund
This fund was set up to provide the community with a range of activities and courses to help maintain a level of wellbeing.
continued...
Page 15
Gatehouse Caring in East Anglia
Notes to the Financial Statements - continued For The Year Ended 31st March 2023
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2023.
Page 16
Gatehouse Caring in East Anglia
Detailed Statement of Financial Activities
For The Year Ended 31st March 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 324,031 | 273,721 |
| Investment income | ||
| Rents received | 6,310 | 1,450 |
| Deposit account interest | 1,480 | 34 |
| 7,790 | 1,484 | |
| Charitable activities | ||
| Grants | 138,265 | 196,643 |
| Other income | ||
| Coronavirus Job Retention Scheme | - | 2,226 |
| Publicity | 3,000 | - |
| 3,000 | 2,226 | |
| Total incoming resources | 473,086 | 474,074 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 106,744 | 95,175 |
| Social security | 10,641 | 7,429 |
| Pensions | 3,090 | 1,966 |
| Equipment & maintenance | 4,637 | 2,886 |
| Outings | 600 | 360 |
| Publicity & functions | 568 | - |
| Courses & training | 792 | 27 |
| Provisions & household | 157,132 | 107,532 |
| Van expenses & insurance | 3,785 | 9,485 |
| Repairs to property | - | 427 |
| Providing support to individuals and families | 26,546 | 15,580 |
| Freehold property | 900 | 900 |
| Improvements to property | 6,572 | 7,340 |
| Fixtures and fittings | 370 | 462 |
| Motor vehicles | 10,471 | 3,168 |
| 332,848 | 252,737 | |
| Support costs | ||
| Finance | ||
| Bank charges | 85 | 126 |
| Governance costs | ||
| Wages | 72,968 | 65,453 |
| Carried forward | 72,968 | 65,453 |
This page does not form part of the statutory financial statements
Page 17
Gatehouse Caring in East Anglia
Detailed Statement of Financial Activities
For The Year Ended 31st March 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Governance costs | ||
| Brought forward | 72,968 | 65,453 |
| Rates and water | 3,016 | 4,294 |
| Insurance | 6,273 | 4,388 |
| Light and heat | 14,693 | 5,183 |
| Telephone | 2,670 | 1,562 |
| Postage and stationery | 23,610 | 24,021 |
| Accountancy and legal fees | **1,632 ** | 1,512 |
| 124,862 | 106,413 | |
| Total resources expended | 457,795 | 359,276 |
| Net income | **15,291 ** | 114,798 |
This page does not form part of the statutory financial statements
Page 18