2023-03-31-accounts - The Stone Foundation

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to6
Independent Examiner's Report		7to 8
Statement ofFinancial	Activities
Balance Sheet		10
Cash Flow Statement
Notes to the Financial	Statements	12to 21

	[ftegistration numb Balance Sheet asat	er: 11628$$} $1March 202$
				2022
				6
Current assets
Oebtors		11	67,382	71,612
Cash at bank	and in hand	12	43,279	33,936
			110,661	105,548
Creditorsr Amounts falling due within one year			(36,450)	)59,569)
ket assets			7, »	589
Ponds ofthe	charity:
Restruted income funds
Restricted funds			1492
Unrestrksed	income funds
Unrestricted	funds			45,979
Total funds

Cash	Flow Statem	en	t for the Year	Ended 3	1March 2023
					2023	2022
				Note	6	6
Cash flows from operating	activities
Net cash income/(expenditure)					28,232	(33,546)
Adjustments to cash flows Investment income	from non-cash	items		t	~s
					28,223	(33,546)
Working capital adjustments
Decrease in debtors				11	4,230	20,738
(Decrease)/increase in creditors				13	(22,446)	4,654
Decrease in deferred income					(673)	(3,819)
Net cash flows from operating activities					9,334	(11,973)
Cash flows from investing	activities
Interest receivable and similar income
Net increase/(decrease) in	cash and cash equivalents				9,343	(11,973)
Cash and cash equivalents	at 1April				33,936	45,909
Cash and cash equivalents	at 31March				43,279	33,936
Reconciliation ofnet cash	flow to movement		in net funds
Increase/(decrease) in cash					9,343	(11,973)
Net funds at 1April 2022					33936	45,909
Net funds at31March 2023					43,279	33936

						Unrestricted
						funds	Restricted	Total	Total
						General	funds	2023	2022
						E	E	E	E
Donations and		legacies;
	Appeals and	donations				5,381		5,381	1,967
Grants, including capital grants;
	Babergh District		Council						800
	The Albert Hunt		Trust				7,000	7,000
						5,381	7,000	12,381	2,767
4	Income from charitable				activities
							unrestricted
							funds	Total	Total
							General E ''	2023 E	2022 E
	Tenants						79,217	79,217	62,050
	Housing benefits						616,759	616,759	533,052
	Consultancy								2,613
	Other						31,817	31,817	9,811
							727,793	727,793	607,526
5	Investment	income
								Unrestdcted
								funds	Total
								General	2023
								E	E
Interest receivable			and similar income;
	Interest receivable			on bank deposits

6 Expendi	ture on charitable activities
			Total	Total
			2023	2022
		slate	6	6
Rent			390,164	375,474
Council tax			20,097	15,972
Water rates			4,981	11,774
Electricity			29,040	22,180
Gas			26,369	11,379
Oil			3,474	2,198
TV Licenses			2,383	2,226
Property services and tenancy support			139,469	124,995
Repairs			535	2,430
Damages			15,199	9,302
Other				1,786
Charitable	donations		4,920
Other charges			54
Supportcosts			75,266	64,123
			711,951	643,839

			Total	Total
			2023	2022
			6	6
Staff costs
Wages and	salaries		53,739	43,889
Pension costs			2,762	2,616
Training			5,606	857
Insurance			3,490	3,649
Telephone and fax			144	74
Computer software		and maintenance	91	91
Printing, postage and stationery			4
Refreshments
Trade subscriptions			1,713
Sundries			200	770
Motoring			2,292	2,400
Travel and subsistence			339	315
Advertising			701
Independent	examination		2,678	2,100
Administration	and	finance services	1,255	6,120
Legal and professional			35	938
Bad debt provision			9	55
Bank charges			208	242
			75,266	64,123

9 Staffcosts The aggregate payroll costs were as follows:
	2023	2022
	E	E
Staffcosts during the year were:
Wages and salaries	53,739	43,889
Pension costs	2 762	2,616
	56,501	46,505

charity dur	ing the year expressed as full time equiv	alents was as follows:
		2023		2022
		No		No
Charitable	activities		3

11Debtors
		2023	2022
		E
Trade debtors		48,801	59,748
Due from associated	undertakings		276
Prepayments		18,581	11,588
		67,382	71,612
12 Cash and cash equivalents
		2023	2022
		E	E
Cash on hand		1,655	1,094
Cash at bank		41,624	32,842
		43,279	33,936

13 Credit	ors: amo	unts falling du	e within one year
				2023	2022
				f	f
Trade creditors				15,635	37,662
Due to associated		undertakings			10
other taxation and		social secunty		797	674
Other creditors				96	1,152
Accruals				15,683	15,159
Deferred	income			4,239	4,912
				36,450	59,569
				2023	2022
				f	f
Deferred	income at 1April 2022			4,912	8,731
Resources	deferred	in the period		4,239	4,912
Amounts	released	from previous	periods	(4,912)	(8731)
Deferred	income at year end			4,239	4,912

15 Funds
			Balanceat1	Incoming	Resources	Balance	at31
			April 2022	resources	expended	March	2023
			6	6	6	6
Unrestricted		funds
General
General	Funds		45,979	733,174	(706,543)	72,610
Restricted	funds
Ready Steady Rent				7,000	(5,408)		1,592
Total funds			45,979	44.114		74,202
			Balance at 1	Incoming	Resources	Balance	at 31
			April 2021	resources	expended	March	2022
			6	6	6	6
Unrestricted		funds
Generol
General	Funds		79,525	609,493	(643,039)	45,979
Restricted	funds
Community		Restart Funding		800	(800)
Totalfunds			79,525	610,293	(643,839)	45 979

		Unrestricted		Total funds at
		funds	Restricted	31March
		General	funds	2023
		E	E	E
Current	assets	109,069	1,592	110,661
Current	liabilities	(36,450)		(36,450)
Total net assets		72,619	1,592	74,211

		Unrestricted	Total funds at
		funds	31March
		General	2022
		E	E
Current Current	assets liabilities	105,548 ~(99 69	105,548 (59,569)
Total net assets		45 979	45,979

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to6
Independent Examiner's Report		7to 8
Statement ofFinancial	Activities
Balance Sheet		10
Cash Flaw Statement
Notes to the Financial	Statements	12to 21


Trustees:	Jane Evans
	Angela Thompson
	Rob Morris
	Liam Mackinder
	Jean Poole
	Chris Pooie
	Sarr, i&oole
	Stephen Broughton
Chairman:	Rob Morris

		8alance Sheet asat	91March 20	29
				2028	2022
			Note	6	6
Ctlrrent assets
Debtors			11	67,382	71,612
Cash at bank	and in hand		12	43,279	33,936
				110,661	105,546
Creditocs: Amounts		falling due within one year	u	~I36, 50	159.569)
Net assets					8 9s
ponds ofthe	charity:
Restricted income funds
Aestricted funds				1,592
Unrestricted	income funds
Unrestricted	funds				45,979
Total funds			15	74,211	45,979

Cash	Flow Statemen	t for the Year	Ended 31M	arch 2023
				2023	2022
			Note	6	f
Cash flows from operating	activities
Net cash income/(expenditure)				28,232	(33,546)
Adjustments to cash flows	from non-cash items
Investment income				(9)
				28,223	(33,546)
Working capital adjustments
Decrease in debtors				4,230	20,738
(Decrease)/increase in creditors			13	(22,446)	4,654
Decrease in deferred income				(673)	(3,819)
Net cash flows from operating activities				9,334	(11,973)
Cash flows from investing	activities
Interest receivable and similar income
Net increase/(decrease) in	cash and cash equivalents			9,343	(11,973)
Cash and cash equivalents	at 1April			33,936	45,909
Cash and cash equivalents	at 31March			43,279	33,936
Reconciliation ofnet cash	flow to movement	in net funds
Increase/(decrease) in cash				9,343	(11,973)
Net funds at 1April 2022				33,936	45,909
Net funds at 31March 2023				43,279	33,936

							Unrestricted
							funds	Restricted	Total	Total
							General	funds	2023	2022
							E	E	E	E
Donations		and legacies;
	Appeals	and	donations				5,381		5,381	1,967
Grants, including capital grants;
	Babergh	District		Council						800
	The Albert Hunt			Trust				7,000	7,000
							5,381	7,000	12,381	2,767
4	Income from charitable					activities
								Unrestricted
								funds	Total	Total
								General	2023	2022
									E	E
	Tenants							79,217	79,217	62,050
	Housing	benefits						616,759	616,759	533,052
	Consultancy									2,613
	Other							31,817	31,817	9,811
								727,793	727,793	607,526
5	Investment		income
									Unrestricted
									funds	Total
									General	2023
										6
Interest receivable				and similar income;
	Interest	receivable			an bank deposits

6 Expend	iture on charitable activities
			Total	Total
			2023	2022
		Note	E	6
Rent			390,164	375,474
Counciltax			20,097	15,972
Water rates			4,981	11,774
Electricity			29,040	22,180
Gas			26,369	11,379
Oil			3,474	2,198
TV Licences			2,383	2,226
Property services and tenancy support			139,469	124,995
Repairs			535	2,430
Damages			15,199	9,302
Other				1,786
Chadtable	donations		4,920
Other charges			54
Support costs			75,266	64,123
			711,951	643,839

	Total	Total
	2023	2022
	6
Staffcosts
Wages and salaries Pension costs	53,739	43,889
Training	2,762 5,606	2,616 857
Insurance
Telephone and fax	3,490 144	3,649 74
Computer software and maintenance	91	91
Printing, postage and stationery	4
Refreshments
Trade subscriptions Sundries	1,713
	200	770
Motoring Travel and subsistence	2,292 339	2,400 315
Advertising	701
Independent examination Administration and finance services Legal and professional Bad debt provision Bank charges	2,678 1,255 35 9 208	2,100 6,120 938 55 242
	75,266	64,123

9 Staff costs The aggregate payroll costs were as follows:
	2023	2022
	6	f
staff costs during the year were:
Wages and salaries	53,739	43,889
Pension costs	2,762	2616
	56,501	46,505

2023	2022
No	No

11Debtors
		2023	2022
		6	6
Trade debtors		48,801	59,748
Due from associated	undertakings		276
Prepayments		18,581	11,588
		67,382	71,612
12 Cash and cash equivalents
		2023	2022
		6	6
Cash on hand		1,655	1,094
Cash at bank		41,624	32,842
		43,279	33,936

13 Creditors: amo	unts falling d	ue within one year
			2023	2022
			E	E
Trade creditors Due to associated undertakings			15,635	37,662 10
Other taxation and	social security		797	674
Other creditors Accruals Deferred income			96 15,683 4,239	1,152 15,159 4,912
			36,450	59,569
			2023	2022
Deferred income at1April 2022 Resources deferred in the period Amounts released from previous		periods	E 4,912 4,239 ( .9»)	E 8,731 4,912 ~8.
Deferred income at	year end		4,239	4,912
14 Pension and other schemes
Defined contribution	pension scheme

15 Funds
			Balance at 1			Incoming	Resources	Balance		at31
			April 2022 6			resources 6	expended 6	March 6		2023
Unrestricted		funds
Generol
GeneralFunds					45,979	733,174	(706,543)		72,610
Restricted	funds
Ready Steady Rent						7,000	(5,408)			1,592
Total funds					45,979	7 O.»	~7».		74,202
			Balance at 1			Incoming	Resources	Balance		at31
			April	2021		resources	expended	March	2022
			6			6	6	6
Unrestricted		funds
General
General	Funds			79,525		609,493	(643,039)	45,979
Restricted	funds
Community		Restart Funding				800	(800)
Total funds				79,525		610,293	(643,839)	45,979

		Unrestricted		Total funds at
		funds	Restricted	31March
		General	funds	2023
Current Current	assets liabilities	E 109,069 (36,450)	E 1,592	E 110,661 (36,450)
Total net assets		72,619	1,592	74211

		Unrestricted	Total funds at
		funds	31March
		General	2022
Current	assets	E	E
Current	liabilities	105,548	105,548
		(59,569)	(59,569)
Total net assets		45,979	45,979