2020-12-31-accounts - Ark Resettlement Services

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Contents	Page
Legal and Administrative Information
Report ofthe Management Committee
Statement of Financial Activities	13
Accountants Report 2020 (Attached)
Notes forming part ofthe financial statements	1-9

	Page
Report afthe Trustees	1
independent Examiner's Report
Statement of Financial Acthrities
Balance Sheet	4to5
Statement of Cash Flovv
Notes to the Financial Statements	7to11
Detailed Statement of Financiai Activities	12to 13

KRE TTI. M HTSERVI	CES
5 f ci	i'
for eYe En 310 cern		r2 20	Notes	31.12.20	31.12.20	311220	311219
				Unrestricted	Restricted
				fund	fund	Total funds	Total funds
				E		E	E
INCOMING RESOURCES
Incoming resources from generated Investment income		funds				35	15
Incoming resources from charitable Total incoming resources		activities		558,983 559,018	85,974 8S,974	644,957 644,992	497,165 497,180
RESOURCES EXPENDED
Charitabie activities NET INCOMING/(OUTGOING)	RESOURCES			20,827 538,191	1,866 84,108	22,699 622,299	25,612 471,568
RECONCICIATION OF FUNDS
Total funds brought forward Unrestricted				68,608		68,608	42,996
Restricted
TOTAL FUNDS CARRIED FORWARD				89,435	1,866	91,301	68,608

Ckgl&et
		31.12.20	31.12.19
		Total Funds	Total Funds
	Notes
FIXED ASSETS
Tangible assets			5,182
CURRENT ASSETS
Debtors		38,004	28,804
Cash at bank		87,206	50,715
		125,210	79&519
CREDITORS
Amounts falling due within one year		39,949	16,093
NET CURRENT ASSETS/(LIABILITIES)		85,261	63,426
TOTAL ASSETS LESS CURRENT LIASILITIKS		91,301	68,608
NKT ASSETS		93,993	$$,$9$
INCOIvlE FUNDS
Unrestricted funds		89,435	68,608
Restricted funds		1,866
TOTAL FUNDS		91+91	$$,999

ofC FI Year E ed
					31.12.20	31.12,19
					Total Funds	Total Funds
				Notes
Cash flows from Operating	activities:
Net Cash provided by operating activities				10	51,148	43,445
Net Cash infiows from Operating activities					91,148
Cash flows from investing	activities,
Dividends, Interest and rents from investment					35	15
Purchase oftangible feed	assets				(2,828)	(6,478)
Purchase ofinvestment
Net Cash provided by (used in) investing			acthritles		(2,193)	(6,463)
Cash flows from Financing Payment of bank Loan	activities:				(11,864)	10,444
					(11,S64)	10,444
Change in cash and cash equivalents		in the reporting
period					36,491	47,426
Cash and cash equivalents	at the beginning of the
reporting per/od					50,719	3,2S9
Cash and cash equivalents	at the end of		the reporting
period					87,XOS	SD,715

2.INVESTNIKNT INCOME
		31.12.20	31.12.19
		E	E
Interest receivable - trading		35
3,NET INCOMING/(OUTGOING)	RESOURCES
Net resources are stated after	charging/(crediting):
		31.12.20	31.12.19
			K
Depreciation - owned assets		1,970	1,296

S.STAFF C	OSTS
			31,12.20	31.12.19
			E
Wages and	Salaries		60,299	54,481
Other pension costs			2,308	752
			62,606	55,233
The average	monthly	number ofemployees	during the year was as follows:
			31.12.20	31.12.19
			6	6

GIBLEFIXEDASSE	TS
		Fixture &	Computer	Total
		Fittings	Equipment
COST
At 1lan 2020		6,478
Additions			2,828
At 31Dec 2G20		6,478	2,828	9,306
DEI9RECIATION
At 1Pan 2020		1,296
Charge for the year		1,036	933
At31Dec 2020		2.332	933	3,266
NET BOOK VALUE
At 31December 2020		4,146	1,895
At 31December 2019		5,182		6,040
BTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
			f
Other Debtors		8,600
Prepayments and accrued income		15,850	15,250
Corporation tax repayable		13,554	13,554
		3$,004	20404
EDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		f	f
Bank loans and overdrafts			10,444
Taxation and social	security	8,206	1,449
Other Creditors		626
Accruals and deferred income		31,117	4,200
		39,949	2$,093

								Net nlovernent	Net nlovernent
							At 01.01.20		ln funds	At31.12.20
Unrestricted	funds						f		f	f
General fund							6$,608		20,82'1	89,435
Restrkted tends
Grants										1.866
TOTALFUNDS							66663	~2593		91,661
Nel movement		in funds, inciudsd			in the above	are ss foBows;
							lncomlnB		Resources	Mcnrament
Unrestrkted General fund	funds						Resources f 559,018		~npa need f 538,191	in funds f 20,8n
Restrktad tends
Grants							$5,914	-	84,108
TOTAL FUNDS							SN,N9	~63 2$9		21633
Comparatlves		for movement		In	funds
								Nat mcwement
							At01.0189		in funds	At31,12.39
Unrestrkted	funds						f		f	E
General fund							42,996		25.612	68,608
TOTAL FUNDS							~SSN	~N22		$$NS
ComparaUve	net movement			in funds, induded		in the above are es
follows;
							IncominB		Resources	Atovement
Vnrastrktad	funds						Resources f		eapensed f	In funds f
General fund							497,180	-	4'11,568	25,612
TOTAI, FUIBDS							~197 N	.	4ll SN	661612
A current year		12months	and prior year 12months combined
podtion ls ss	foBows:
								Nat movement
							At 01.01,19		in funds	At31.12.20
Unrastrfcted	furlds						f			f
General fund							42,996		46,439	89,435
TOTAl FVNDS
							~21NS		~MSS	69NS
A current year		12months	and prksr year 12months combined net
movement in funds, included				in	the above are	as fo0ows:
							Incomlnf		Resources	afovemant
							Resources		capensed	In lands
Unrastrkted	funds								f
General fund							1,056,198		1,009,159	4IL439
Restrktad fundr
Grants							85,974		84,108	1,866
TOTAL FlllSDS							1,142,112	-	1,093,861	4$,905

				31.12.20	31.12.19
				Tote IfUnds	Total funds
				E
NET INCOMING/(OUTGOING)			RESOURCES	22,693	25,61.2
Adjustments for:
Taxation charged/(Credited)				4,660	(13,553)
Finance Cost				1,420
Interest income				(35)	(1S)
Depreciation oftangible		fixed assets		1,970	1,296
Movement in the	working capital:
Decrease/(increase)	In	Debtors		(9,200}	39,444
Increase/(Decrease)	In	creditors		29,640	(9,339)
				51,147.89	43,445,00

			I	I	I	I	I		I			g
		Ot										e
	Ol
ply $ tt
		IA
		IO		t	I	I	t	\|I	'I
		r
		Ch
	IZ
	ftl
			X	Q	g	g	g	IA	CV	g	g	ill	ttt	g
~2~								ItlC)Cn		I5 Vl				th 40
	ttl
		-:.~5555
										2				8
										l				I
								tL	0	lO
		Cl	~	e						LI
													g
		Xxg&									h			l

				Charitable	Charitable	Charitable
				Expenditure	Expenditure	Expenditure
				Unrestricted	Restricted	Unrestricted
				31,12.20	32.12.20	31.12.19
				6	E
EXPEHDITURE
Costs of raising donations			and legades
Purchases				19,690	9,151
RESOURCES EXPENDED
Charitable activities
Wages Sodal Security Cast				60299 5,086	74 957	54,481 3,644
PendSaos				2,308		752
Other post-retirement Operating leases Rent		benefits		308,189		289 1,936 242,874
Rates				18,099		17,451
Light and heat				18,513		13,491
Maintenance Repairs				12,223		13,202
Insurance				8,348		4,038
Printing, Postage and Stationary				2,543
Aclveftising Matar vehicle expenses				4,664 2,584		5,718
vehicle leasing/hire						390
Othe~ motor/travel	casts			4,648		2,960
Accountancy				3,840		5,460
Legal and professional		fees		42,422		39,939
Telephone Other oflice costs				9,191 6,293		4,719 3,517
Bank Charges				1,201
				510,451	74,957	414,861
Support costs
finanr, e				1,42G
Depredatian af tangible fixed assets				1,97G		1,296
Total resources expended				51+Lif	74,957	41 157
'Tarltion
Coporatlan Tax						33333
				4,660		33,333
Total expenditure				SSLSSS	Sl333	SSSSSS

	Page
Report afthe Trustees	1
independent Examiner's Report
Statement of Financial Acthrities
Balance Sheet	4to5
Statement of Cash Flovv
Notes to the Financial Statements	7to11
Detailed Statement of Financiai Activities	12to 13

KRE TTI. M HTSERVI	CES
5 f ci	i'
for eYe En 310 cern		r2 20	Notes	31.12.20	31.12.20	311220	311219
				Unrestricted	Restricted
				fund	fund	Total funds	Total funds
				E		E	E
INCOMING RESOURCES
Incoming resources from generated Investment income		funds				35	15
Incoming resources from charitable Total incoming resources		activities		558,983 559,018	85,974 8S,974	644,957 644,992	497,165 497,180
RESOURCES EXPENDED
Charitabie activities NET INCOMING/(OUTGOING)	RESOURCES			20,827 538,191	1,866 84,108	22,699 622,299	25,612 471,568
RECONCICIATION OF FUNDS
Total funds brought forward Unrestricted				68,608		68,608	42,996
Restricted
TOTAL FUNDS CARRIED FORWARD				89,435	1,866	91,301	68,608

Ckgl&et
		31.12.20	31.12.19
		Total Funds	Total Funds
	Notes
FIXED ASSETS
Tangible assets			5,182
CURRENT ASSETS
Debtors		38,004	28,804
Cash at bank		87,206	50,715
		125,210	79&519
CREDITORS
Amounts falling due within one year		39,949	16,093
NET CURRENT ASSETS/(LIABILITIES)		85,261	63,426
TOTAL ASSETS LESS CURRENT LIASILITIKS		91,301	68,608
NKT ASSETS		93,993	$$,$9$
INCOIvlE FUNDS
Unrestricted funds		89,435	68,608
Restricted funds		1,866
TOTAL FUNDS		91+91	$$,999

ofC FI Year E ed
					31.12.20	31.12,19
					Total Funds	Total Funds
				Notes
Cash flows from Operating	activities:
Net Cash provided by operating activities					51,148	43,445
Net Cash infiows from Operating activities					51,148
Cash flows from investing	activities,
Dividends, Interest and rents from investment					35	15
Purchase oftangible feed	assets				(2,828)	(6,478)
Purchase ofinvestment
Net Cash provided by (used in) investing			acthritles		(2,793)	(6,463)
Cash flows from Financing Payment of bank Loan	activities:				(11,864)	10,444
					(11,S64)	10,444
Change in cash and cash equivalents		in the reporting
period					36,491	47,426
Cash and cash equivalents	at the beginning of the
reporting per/od					50,715	3,2S9
Cash and cash equivalents	at the end of		the reporting
period					87,206	50,715

2.INVESTNIKNT INCOME
		31.12.20	31.12.19
		E	E
Interest receivable - trading
3,NET INCOMING/(OUTGOING)	RESOURCES
Net resources are stated after	charging/(crediting):
		31.12.20	31.12.19
			K
Depreciation - owned assets		1,970	1,296

S.STAFF C	OSTS
			31,12.20	31.12.19
			E
Wages and	Salaries		60,299	54,481
Other pension costs			2,308	752
			62,606	55,233
The average	monthly	number ofemployees	during the year was as follows:
			31.12.20	31.12.19
			6

GIBLEFIXEDASSE	TS
		Fixture &	Computer	Total
		Fittings	Equipment
COST
At 1lan 2020		6,478
Additions			2,828
At 31Dec 2G20		6,478	2,828	9,306
DEI9RECIATION
At 1Pan 2020		1,296
Charge for the year		1,036	933
At31Dec 2020		2.332	933	3,266
NET BOOK VALUE
At 31December 2020		4,146	1,895
At 31December 2019		5,182		6,040
BTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
			f
Other Debtors		8,600
Prepayments and accrued income		15,850	15,250
Corporation tax repayable		13,554	13,554
		3$,004	20404
EDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		f	f
Bank loans and overdrafts			10,444
Taxation and social	security	8,206	1,449
Other Creditors		626
Accruals and deferred income		31,117	4,200
		39,949	2$,093

								Net nlovernent	Net nlovernent
							At 01.01.20		ln funds	At31.12.20
Unrestricted	funds						f		f	f
General fund							6$,608		20,82'1	89,435
Restrkted tends
Grants										1.866
TOTALFUNDS							66663	~2593		91,661
Nel movement		in funds, inciudsd			in the above	are ss foBows;
							lncomlnB		Resources	Mcnrament
Unrestrkted General fund	funds						Resources f 559,018		~npa need f 538,191	in funds f 20,8n
Restrktad tends
Grants							$5,914	-	84,108
TOTAL FUNDS							SN,N9	~63 2$9		21633
Comparatlves		for movement		In	funds
								Nat mcwement
							At01.0189		in funds	At31,12.39
Unrestrkted	funds						f		f	E
General fund							42,996		25.612	68,608
TOTAL FUNDS							~SSN	~N22		$$NS
ComparaUve	net movement			in funds, induded		in the above are es
follows;
							IncominB		Resources	Atovement
Vnrastrktad	funds						Resources f		eapensed f	In funds f
General fund							497,180	-	4'11,568	25,612
TOTAI, FUIBDS							~197 N	.	4ll SN	661612
A current year		12months	and prior year 12months combined
podtion ls ss	foBows:
								Nat movement
							At 01.01,19		in funds	At31.12.20
Unrastrfcted	furlds						f			f
General fund							42,996		46,439	89,435
TOTAl FVNDS
							~21NS		~MSS	69NS
A current year		12months	and prksr year 12months combined net
movement in funds, included				in	the above are	as fo0ows:
							Incomlnf		Resources	afovemant
							Resources		capensed	In lands
Unrastrkted	funds								f
General fund							1,056,198		1,009,159	4IL439
Restrktad fundr
Grants							85,974		84,108	1,866
TOTAL FlllSDS							1,142,112	-	1,093,861	4$,905

				31.12.20	31.12.19
				Tote IfUnds	Total funds
				E
NET INCOMING/(OUTGOING)			RESOURCES	22,693	25,61.2
Adjustments for:
Taxation charged/(Credited)				4,660	(13,553)
Finance Cost				1,420
Interest income				(35)	(1S)
Depreciation oftangible		fixed assets		1,970	1,296
Movement in the	working capital:
Decrease/(increase)	In	Debtors		(9,200}	39,444
Increase/(Decrease)	In	creditors		29,640	(9,339)
				51,147.89	43,445,00

			I	I	I	I	I		I			g
		Ot										e
	Ol
ply $ tt
		IA
		IO		t	I	I	t	\|I	'I
		r
		Ch
	IZ
	ftl
			X	Q	g	g	g	IA	CV	g	g	ill	ttt	g
~2~								ItlC)Cn		I5 Vl				th 40
	ttl
		-:.~5555
										2				8
										l				I
								tL	0	lO
		Cl	~	e						LI
													g
		Xxg&									h			l

				Charitable	Charitable	Charitable
				Expenditure	Expenditure	Expenditure
				Unrestricted	Restricted	Unrestricted
				31,12.20	32.12.20	31.12.19
				6	E
EXPEHDITURE
Costs of raising donations			and legades
Purchases				19,690	9,151
RESOURCES EXPENDED
Charitable activities
Wages Sodal Security Cast				60299 5,086	74 957	54,481 3,644
PendSaos				2,308		752
Other post-retirement Operating leases Rent		benefits		308,189		289 1,936 242,874
Rates				18,099		17,451
Light and heat				18,513		13,491
Maintenance Repairs				12,223		13,202
Insurance				8,348		4,038
Printing, Postage and Stationary				2,543
Aclveftising Matar vehicle expenses				4,664 2,584		5,718
vehicle leasing/hire						390
Othe~ motor/travel	casts			4,648		2,960
Accountancy				3,840		5,460
Legal and professional		fees		42,422		39,939
Telephone Other oflice costs				9,191 6,293		4,719 3,517
Bank Charges				1,201
				510,451	74,957	414,861
Support costs
finanr, e				1,42G
Depredatian af tangible fixed assets				1,97G		1,296
Total resources expended				51+Lif	74,957	41 157
'Tarltion
Coporatlan Tax						33333
				4,660		33,333
Total expenditure				SSLSSS	Sl333	SSSSSS