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||||PAGE|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
examiner's||report to the trustees||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows||10|
|Notes to|the financial statements|||
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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|||||
|Income and endowments|||||||||
|Donations
and legacies||||4|34,374|225,977|260,351|160,906|
|Charitable
activities||||5|450,294||450,294|368,256|
|Other trading activities||||6|5,856||5,856||
|Investment
income||||7|90||90|144|
|Other income||||8|4,000||4,000||
|Total income|||||494,614|225,977|720,591|529,306|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising|donations||and||||||
|legacies||||9||||2,030|
|Expenditure
on charitable||activities||10,11|443,027|229,887|672,914|423,611|
|Other expenditure||||13|2,200|—|2,200||
|Total expenditure|||||445,227|229,887|675,114|425,641|
|Net income|||||49,387|(3,910)|45,477|103,665|
|Transfers
between
funds|||||(44,545)|44,545|||
|Net movement
in funds|||||4,842|40,635|45,477|103,665|
|Reconciliation
offunds|||||||||
|Total funds brought|forward||||1,460,589|38,953|1,499,542|1,395,877|
|Total funds carried|forward||||1,465,431|79,588|1,545,019|1,499,542|
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|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note|||||
|FIXEDASSETS|||||||
|Tangible fixed assets||18||I/94,011||1,269,909|
|CURRENT ASSETS|||||||
|Debtors||19|40,149||36,485||
|Cash at bank and in hand|||300,489||251,987||
||||340,638||288,472||
|CREDITORS: amounts|falling due||||||
|within one year||20|61,795||24,880||
|NET CURRENT ASSETS||||278,843||263,592|
|TOTAL ASSETSLESS|CURRENT||||||
|LIABILITIES||||1,572,854||1,533,501|
|CREDITORS: amounts|falling due||||||
|after more than one year||21||27,835||33,959|
|NET ASSETS||||1,545,019||1,499,542|
|FUNDS OFTHE CHARITY|||||||
|Restricted funds||||79,588||38,953|
|Unrestricted
funds:|||||||
|Revaluation
reserve|||1423,040||1,223,040||
|Other unrestricted
income funds|||242/91||237,549||
|Total unrestricted
funds|||1,465,431||1,460,589||
|Total charity funds||24||1,545,019||1,499,542|
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|||2021|2020|
|---|---|---|---|
|||g||
|CASH FLOWS FROM OPERATING|ACTIVITIES|||
|Net income||45,477|103,665|
|Adjustments for:||||
|Depreciation oftangible
fixed assets||2,028|1,962|
|Dividends,
interest and rents from investments|||(3)|
|Other interest receivable
and similar income||(90)|(141)|
|Interest payable
and similar charges||4,950|512|
|Loss on disposal oftangible fixed assets||2,200||
|Accrued expenses||2,040|9,290|
|Changes in:||||
|Trade and other debtors||(3,664)|(36,485)|
|Trade and other creditors||35,667|7,179|
|Cash generated
from operations||88,608|85,979|
|Interest paid||(4,950)|(512)|
|Interest received||90|141|
|Net cash Rom operating
activities||83,748|85,608|
|CASH FLOWS FROM INVESTING|ACTIVITIES|||
|Dividends,
interest and rents from investments|||3|
|Purchase oftangible
assets||(28,330)|(1,606)|
|Net cash used in investing
activities||(28,330)|(1,603)|
|CASH FLOWS FROM FINANCING|ACTIVITIES|||
|Proceeds from borrowings||(6,916)|42,370|
|Net cash (used in)/from
financing
activities||(6,916)|42,370|
|NET INCREASE IN CASH AND CASH EQUIVALENTS||48,502|126,375|
|CASH AND CASH EQUIVALENTS|AT BEGINNING OFYEAR|251,987|125,612|
|CASH AND CASH EQUIVALENTS|AT KND OFYEAR|300,489|251,987|
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|4.|DONATI|ONS
AND LEGACIES|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
||DONATIONS||||||
||Donations|||19,357|2,065|21,422|
||Local giving|||12,694||12,694|
||Gift aid|||1,438||1,438|
||GRANTS||||||
||Grants|||885|223,912|224,797|
|||||34,374|225,977|260,351|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
|||||6|||
||DONATIONS||||||
||Donations|||40,706||40,706|
||Local giving|||16,594||16,594|
||Gift aid|||9,390||9,390|
||GRANTS||||||
||Grants|||11,715|82,501|94,216|
|||||78,405|82,501|160,906|
|5.|CHARITABLE ACTIVITIES||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||||6||||
||Housing|rents|450,294|450,294|368,256|368,256|
|6.|OTHER|TRADING ACTIVITIES|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||HUB||1,046|1,046|||
||Office rental and utilities income||4,810|4,810|||
||||5,856|5,856|||
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|INVESTMKNT INCOME|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2021|Funds|2020|
|Income from listed investments|||3|3|
|Bank interest receivable|90|90|141|141|
||90|90|144|144|
||||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds||2021|Funds||2020|
|Profit|share|Happydays|Cycles|CIC|4,000||4,000||||
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|COSTS OFRAISING D|ONATIONS|AND LEGA|CIES|||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
|Costs ofraising donations|and legacies|||||
|-Donations||||2,030|2,030|
##
|EXPENDI|TURE ON CHARITABL|E ACTIVITIES BYFUND T|YPE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Charitable|activities|324,385|229,887|554,272|
|Support costs||118,642||118,642|
|||443,027|229,887|672,914|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Charitable|activities|276,867|69,048|345,915|
|Support costs||77,696||77,696|
|||354,563|69,048|423,611|
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|EXPENDI|T|URE|ON CHA|RITABLE A|CTIVITIES|BYACTIVI|TY TYPE||
|---|---|---|---|---|---|---|---|---|
||||||Activities||||
||||||undertaken|Support|Total Funds|Total Funds|
||||||directly|costs|2021|2020|
|Charitable|activities||||554,272|111,986|666,258|416,285|
|Governance||costs||||6,656|6,656|7,326|
||||||554,272|118,642|672,914|423,611|
|ANALYSI|S|OF SUPPORT||COSTS|||||
||||||||2021|2020|
||||||||g||
|Staffcosts|||||||47,541|24,605|
|Premises|||||||8,070|3,681|
|Communications|||and IT||||8,583|3,356|
|General office|||||||13,589|13,879|
|Insurance|||||||1,625|949|
|Depreciation|||||||2,028|1,962|
|Interest on|bank loan||||||4,313||
|Bank charges|||||||637|512|
|Bad debts|||||||20,517|15,398|
|Training|||||||1,118|335|
|Advertising|||||||3,965|88|
|Accountancy||and|independent|examination|fees||4,786|5,210|
|Legal and other professional||||fees|||1,870|7,721|
||||||||118,642|77,696|
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|13.|OTHER EXPENDITU|RE|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||Loss on disposal oftangible fixed||||||
||assets held for charity's|ovvn use|2,200|2,200|||
|14.|NET INCOME||||||
||Net income is stated after charging/(crediting):||||||
||||||2021|2020|
||Depreciation oftangible|fixed assets|||2,028|1,962|
||Loss on disposal oftangible fixed assets||||2,200||
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|||||2021|2020|
|---|---|---|---|---|---|
|Fees payable|to the independent||examiner for:|||
|Independent|examination|ofthe|financial statements:|||
|Happydays|Ministries|UK||1,500|1,300|
|Second Halifax Housing Limited|||||1,609|
|Other services:||||||
|Happydays|Ministries|UK||3,286|2,200|
|Second Halifax Housing Limited|||||100|
|||||4,786|5,209|
##
|STAFF COSTS|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
||||2021|2020|
|Wages and salaries|||243,051|155,732|
|Social security costs|||15,434|7,414|
|Employer
contributions|to pension|plans|4,241|2,841|
||||262,726|l65,987|
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|||||Investment|Fixtures|Motor|Computer||
|---|---|---|---|---|---|---|---|---|
|||||Property|&fittings|vehicles|equipment|Total|
||||||||5||
||Cost||||||||
||At
1 April 2020|||1,260,000|4,593|10,810|9,828|1,285,231|
||Additions|||12,271||14,559|1,500|28,330|
||Disposals||||(4,593)|||(4,593)|
||At 31March|2021||1,272,271||25,369|ll,328|1,308,968|
||Depreciation||||||||
||At 1 April 2020||||2,393|7,390|5,539|15,322|
||Charge for the year|||||855|1,173|2,028|
||Disposals||||(2,393)|||(2,393)|
||At 31March|2021||||8,245|6,712|14,957|
||Carrying
amount||||||||
||At 31March|2021||1,272,271||17,124|4,616|1,294,011|
||At 31March|2020||1,260,000|2,200|3,420|4,289|1,269,909|
|19.|DEBTORS||||||||
||||||||2021|2020|
||Trade debtors||||||34,932|32,566|
||Prepayments|and accrued||income|||4,578|3 559|
||Other debtors||||||639|360|
||||||||40,149|36,485|
|20.|CRKDITORSi amounts|||falling due within|one year||||
||||||||2021|2020|
||Bank loans and overdratts||||||7,619|8,411|
||Trade creditors||||||29,089||
||Accruals and|deferred|income||||13,865|12,710|
||Social security and other|||taxes|||8,931|3,759|
||Other creditors||||||2,291||
||||||||61,795|24,880|
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|21.|CREDITORS: amounts
falling due after more t|han one year||
|---|---|---|---|
|||2021|2020|
|||8||
||Bank loans and overdrails|27,835|33,959|
|22.|DEFERRED INCOME|||
|||2021|2020|
|||8||
||At I April 2020|3,420|4,560|
||Amount released to income|(885)|(1,140)|
||At 31March 2021|2,535|3,420|
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|Unrestri|cted|funds||||||
|---|---|---|---|---|---|---|---|
||||I April||||31March|
||||2020|Income|Expenditure|Transfers|2021|
|General|funds||237,549|494,614|(445,227)|(130,595)|156,341|
|Contingency||fund||||86,050|86,050|
|Revaluation||reserve|1,223,040||||1,223,040|
||||1,460,589|494,614|(445,227)|(44,545)|1,465,431|
||||I April||||31 March|
||||2019|Income|Expenditure|Transfers|2020|
|General|funds||147,337|446,805|(356,593)||237,549|
|Revaluation||reserve|1,223,040||||1,223,040|
||||1,370,377|446,805|(356,593)||1,460,589|
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|Restricted
funds||||||||
|---|---|---|---|---|---|---|---|
||||I April||||31March|
||||2020|Income|Expenditure|Transfers|2021|
|National
Lottety|||10,000||(10,000)|||
|Tudor Trust|||28,953||(28,953)|||
|One Community||||399|(399)|||
|Groundworks
UK||||l,166|(818)||348|
|National
Emergencies|Trust|||||||
|Community
Resilience|Fund I|||3,000|(3,000)|||
|Charities Aid Foundation||||||||
|Coronavirus
Emergency||Fund||4,247|(4,247)|||
|Tesco Bags ofHelp||||||||
|COVIIJ-19 Communities||Fund||500|(500)|||
|Community
Foundation||for||||||
|Calderdale||||1,000|(982)||18|
|Lloyds Bank Foundation||||33,000|||33,000|
|National
Emergencies|Trust|||||||
|Community
Resilience|Fund 2|||6,000|(6,000)|||
|Kirklees Council||||995|(989)|||
|Creative Minds Willow||Lane||||||
|in Bloom||||1,400|(1,400)|||
|Spoit England||||4,000|(4,000)|||
|National
Emergencies|Trust|||||||
|Coronavirus
Emergency||Fund||3,000|(3,000)|||
|The P27 Trust||||20,000|||20,000|
|Bike Store||||5,000|(5,000)|||
|Cyclists Club||||2,950|(2,496)||454|
|Scouter Trust||||3,000|(1,900)||1,100|
|National
Lottery Social||||||||
|Enterprise
Support Fund||||39,535|(39,535)|||
|Move On Fund||||1,000|(1,000)|||
|The Judith and Neil||||||||
|Charlesworth
Fund||||1,000|(1,000)|||
|McNaught
Refugee Rental||||||||
|Income Fund||||2,000|||2,000|
|The Hilden
Charitable|Fund|||5,000|||5,000|
|Third Sector Yoga Fund||||1,020|(608)||412|
|Community
Foundation||for||||||
|Calderdale
Move On Fund||||2,200|(1,511)||689|
|Halifax Town Football|Club|||1,000|(1,000)|||
|Charities Aid Foundation||||||||
|Resilience Fund||||65,000|(64,939)||61|
|West Yorkshire Police|and|||||||
|Crime Commissioner||||6,000|||6,000|
|Access Impact||||10,000|||10,000|
|Carried forward|||38,953|223,412|(183,257)||79,088|
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|ANALYSIS OF|HARITABL|FUNDS (coc|cirrrredd||||
|---|---|---|---|---|---|---|
|ReStriCted
fundS|(coo((meed'||||||
|Brought forward||38,953|223,412|(183,257)||79,088|
|Calderdale
Metropolitan|||||||
|Borough Council|||500|||500|
|Co-op|||2,065|(2,065)|||
|Noithern
Impact Fund Grant||||(7,668)|7,668||
|Northern
Impact Fund Loan||||(36,877)|36,877||
|||38,953|225,977|(229,887)|44,545|79,588|
|||1 April||||31 March|
|||2019|Income|Expenditure|Transfers|2020|
|National
Lottery|||10,000|||10,000|
|Tudor Trust||25,500|37,000|(33,547)||28,953|
|Lloyds Bank|||33,001|(33,001)|||
|Help the Homeless|||2,500|(2,500)|||
|||25,500|82,501|(69,048)||38,953|
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|ANALYS|IS OF N|K|T ASSETSBETWE|EN FUNDS|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|Tangible fixed assets||||1,294,01 1||1,294,011|
|Current assets||||225,596|115,042|340,638|
|Creditors|less than|1|year|(54,176)|(7,6 19)|(61,795)|
|Creditors|greater than||1 year||(27,835)|(27,835)|
|Net assets||||1,465,43 1|79,588|1,545&019|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
|Tangible fixed assets||||1,269,909||1,269,909|
|Current assets||||207,149|81,323|288,472|
|Creditors|less than|1|year|(16,469)|(8,411)|(24,880)|
|Creditors|greater than||1 year||(33,959)|(33,959)|
|Net assets||||1,460,589|38,953|1,499,542|
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|Analysis ofprinc
reporting
period|ipal
State|ment ofFinancial|Activitie|s compone|nts
for the curre|nt|
|---|---|---|---|---|---|---|
|||Happydays|Second|Halifax|Happydays||
|||Ministries
UK|Housing|Limited|Ministries
UK|Combined|
|||(pre-merger)|(pre-merger)||(post-merger)|Total|
||||||6||
|Total Income||53,647||34,974|631,691|720,312|
|Total expenditure||(54,225)||(19,917)|(600,693)|(674,835)|
|Net income/expenditure||(578)||15,057|30,998|45,477|
|Other gains/losses|||||||
|Net movements|in funds|(578)||15,057|30,998|45,477|
|
reporting
period|
||||
|---|---|---|---|---|
|||Happydays|Second Halifax|Combined|
|||Ministries
UK|Housing
Limited|Total|
|Total income||323,959|205,347|529,306|
|Total expenditure||(282,019)|(143,622)|(425,641)|
|Net income/(expenditure)||41,940|61,725|103,665|
|Total funds brought|forward|23,806|1,372,071|1,395,877|
|Total funds carried|forward|65,746|1,433,796|1,499,542|
##
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||||Happydays|Happydays|Second|Halifax|Combined|
|---|---|---|---|---|---|---|---|
||||Ministries|UK|Housing|Limited|Total|
||Net assets||65,168||1,448,852||1,514,020|
||Represented|by:||||||
||Unresndcted|funds|22,244||1,448,852||1,471,096|
||Restricted income funds||42,924||||42,924|
||Total funds||130,336||2,897,704||3,028,040|
|27.|ANALYSIS|OF CHANGES IN NET DEBT||||||
|||||1|April||31March|
|||||2020
Cash flows|||2021|
||Cash at bank|and in hand||251,987||48,502|300,489|
||Debt due within one year|||(8,411)||792|(7,619)|
||Debt due after one year|||(33,959)||6,124|(27,835)|
|||||209,617||55,418|265,035|
|28.|OPERATING LEASE COMMITMKNTS|||||||
|The total future|The total future|minimum|lease payments|under non-cancellable|operating|leases are as follows:|leases are as follows:|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||||f.|
|Not later|than|1 year||||12,000||
|Later than|1 year and not||later than 5 years|||15,830||
|||||||27,830||
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