Annual
Report
January - December 2022
SHEP
RD
inw
erhamptorLor
wolvertKJnPton

ANNUAL REPORT
JAIIUAAY- DECEMBER 2022
Reference & Administrative Information
Trustees. Report
.4.10 •
Independent Examiners. Report
statement of Financial Activities
12
Balance Sheet
13
statement of Cash Flows
14
Notes to the Financial Statements
15-20
www.gsmwolv&rhampton.org.uk

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||Note|Unrestricted|Restricted|Restricted|TOTAL|9 Months to|
|---|---|---|---|---|---|---|
|||Funds|Funds|Capital Funds||31.12.21|
|INCOME|||||||
|Donations|||||||
|General donations|2|148843|11125||159968|122936|
|Charitable<br>Activities|||||||
|Grants and contracts|3|436702|240110||676812|693629|
|Miscellaneous<br>income||12504|||12504|17576|
|||598049|251235||849284|834141|
|EXPENDITURE|||||||
|Charitable<br>Activities|||||||
|Food and client support|4|574333|216851||791184|512140|
|Property<br>depreciation||||12000|12000|5000|
|||574333|216851|12PPP|803184|517140|
|NET INCOME||23716|34384|-12000|46100|317001|
|Transfers<br>between<br>funds||3676|-3676||||
|||27392|30708|-12000|46100|317001|
|Other recognised<br>gains/losses|||||||
|Net Movement<br>in Funds||27392|30708|-12000|46100|317001|
|Funds brought<br>forward||408469|18123|270000|696592|379591|
|TOTAL FUNDS|12|435861|48831|258000|742892|696592|
|All income and expenditure|is from continuing|operations|||||





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|||||Note||||As at|
|---|---|---|---|---|---|---|---|---|
|||||||||31.12.21|
|Fixed Assets|||||||||
|Tangible|Fixed Assets|||||591102||604109|
|Current Assets|||||||||
|Debtors||||10|68940||74705||
|Cash at bank|||||359221||255830||
||||||428161||330535||
|Creditors|||||||||
|Amounts|falling due|within|one year||-86571||.38052||
|Net Current|Assets|||||341590||292483|
|Creditors|||||||||
|Amounts|falling due|in more than one year||||-190000||-200000|
|Net Assets||||||742692||696592|
|Funds|||||||||
|Restricted|funds|||||48831||18123|
|Restricted|capital fund|||||258000||270000|
|Unrestricted|and desi|naiad|fund|||435861||408469|
|||||12||742692||696592|





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|||||||9Months to||
|---|---|---|---|---|---|---|---|
|||||||31.12.21||
|Cash Flows From Operating||Activities||||||
|Net income|||||46100||317001|
|Adjustments<br>For||||||||
|Purchase<br>of fixed|assets|||-5217||.609273||
|Depreciation<br>of tangible<br>fixed|||assets|18225||10224||
|Increase/decrease|in debtors|||5766||-24650||
|Increase/decrease|in creditors|||48517||169691||
||||||67291||-454008|
|Net Cash Provided|by Operating||Activities||113391||-137007|
|Cash Flows from Financial Activities||||||||
|Repayments<br>of borrowings|||||-10000|||
|Net increase/decrease|in cash||||103391||.137007|
|Cash at beginning<br>of|year||||255830||392837|
|Cash at End of Year|||||359221||255830|





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||||Unrestricted|Restricted|9 Months to 31.12.21|
|---|---|---|---|---|---|
|Churches|and faith-based|giving|9726||12514|
|Gift Aid recovered|||6360||24342|
|Legacies|||11600|8325|5400|
|Individual|giving||93203|800|70888|
|Companies|and organisations||27954|2000|9792|
||||148843|'I1125|122936|





## 

||||||||Unrestricted|Restricted|9 Months to31.12.21|
|---|---|---|---|---|---|---|---|---|---|
|Contracts||||||||||
|Black Country<br>Health||||Care||NHS Trust|38600|||
|City of Wolverhampton|||||||346380|43059|243426|
||||||||384980|43059|243426|
|Grants||||||||||
|PAR Charitable|Trust||||||||10000|
|Community<br>Imtiative||||Fund|||||3500|
|Maximus<br>Foundation|||||||||2500|
|Grimmit<br>Trust|||||||||2000|
|R and<br>D Turner|Trust||||||5000||3000|
|Arnold<br>Clark|||||||||1000|
|Garfield Weston|||||||||25000|
|Mid Counties<br>Co-op|||||||||2642|
|Sainsburys|||||||||1000|
|Eveson Charitable|||Trust||||||285000|
|E and<br>13 Cadbury||Trust|||||||2000|
|Wolverhampton|University|||||||3750|1667|
|Mayor's<br>Ward Fund||||||||1000||
|Charles<br>Burrrell||2016||Settlement|||||10000|
|tudor Trust||||||||33334|31518|
|Tudor Trust||||||||2000||
|7 and GWU||||||||2944|1846|
|29th May 1961Charitable|||||Trust||7500||7500|
|Wolves<br>Foundation|||Virtual|||Sleepout|||25000|
|Neighbourly(Lidg|||||||4150|||
|Big Give Trust|||||||1250|2250||
|PB Dumbell|||||||2000|||
|Tesco|||||||1125|||
|Lord Barnbys Foundation|||||||2000|||
|February<br>Foundation|||||||3000|||
|Beatrice Laing|||||||5000|||
|Admt Trust|||||||10000|||
|Millie's Watch|||||||5000|||
|Muras Baker|||||||1300|||
|Grimmit<br>Trust|||||||3000|||
|Hedley<br>Foundation||||||||2200||
|Oak Foundation||||||||52094||
|Porticus||||||||37493||
|StJohn of God Better||||Lives||capital grant||58091||
|Grants E1000and||under|||||1397||1527|
||||||||51722|195156|418700|
|less: deterred to|future|||periods||||-23608|-24879|
|add; deferred<br>from|||previous|||periods||25503|58382|
||||||||51722|197051|450203|
|iotal grants<br>and|||contracts|||per SoFA|436702|240110|693829|





|Adint Trust||||
|---|---|---|---|
|Millie's Watch||||
|Mums Baker||||
|Grimmit Trust||||
|Hedley Foundation||2200||
|Oak Foundation||52094||
|porucus||37493||
|StJohn ofGod Better Uves capital grant||58091||
|Grants E1000and under|1397||1527|
||51722|195156|418700|
|less; deferred to future periods||-23608|-24879|
|add: deferred from previous periods||25503|58382|
||51722|197051|450203|
|Total grants and contracts per SoFA|436702|240110|893829|



|4. Food|S.Client SuppOrt|||||
|---|---|---|---|---|---|
|||Food|Client Support|Total|9Months to31.12.21|
|Salaries||115100|379068|494168|328369|
|Depreciation||8681|3348|12029|1074|
|Training|||1380|1380||
|Volunteer|expenses|162|714|876|461|
|Equipment|costs|570||570|850|
|Cleaning and waste disposal||7430||7430|3550|
|Food costs||3765|10550|14315|9601|
|Client welfare|||69581|69581|23808|
|Disposable|Items|4085|123|4208|3488|
|Property costs||11502|1500|13002|8562|





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|Tenancy Support|||5228|5228|13111|
|---|---|---|---|---|---|
|Motor and travel|expenses|3475|3022|6497|7304|
|Telephone||3264|3280||2868|
|Oflice expenses|||5583|6031|5949|
|Support costs||25180|82927|108107|103145|
|||183582||74tttt55|512140|
|S.Support Costs||||||
||||||9Months to31.12.21|
|Salaries||||33607|26743|
|Depeclatlon||||6196||
|Training||||3304|4150|
|Volunteer expenses||||301||
|Professional fees|||||4056|
|Property costs||||15309|23593|
|Rent|||||11667|
|Motor and travel|expenses|||1479||
|Independent<br>examintion||||810|456|
|Marketing<br>and communications||||27594|18789|
|Trustee expenses||||||
|ITcosts||||8675|2192|
|Telephone||||5024|3774|
|Insurance||||3365|2989|
|Other costs||||2443|4736|
|||||108107|103145|
|Major property|renovation|||53218||
|Property costs are allocated on the basis ofspace used||||||
|Support costs are|allocated on the basis ofstaff numbers|||||





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|6. piet Income/Expenditure||||
|---|---|---|---|
|Net Income /expenditure<br>Is shown|after charging:||9Months to31.12.21|
|Depreciation<br>- owned assets||18225|10224|
|Independent<br>examiners<br>fee||810|575|
|Trustee expenses||NIL|NIL|
|7. Trustees'<br>Remuneration|& Benefits|||



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||||||||9Months to31.12.21|
|---|---|---|---|---|---|---|---|
|Wages||||||484956|324628|
|Pension contributions||||||9543|6695|
|Social security costs||||||44489|27591|
|||||||538988|358914|
|The number<br>of employees||receiving|more than 560,000 was NIL (2020 - NIL )|||||
|The average<br>number|of staff employed|||was 19(2021 - 19)||||
|9. Tangible<br>Fixed Assets||||||||
|||||Equipment|Computers|Freehold Property|Total|
|COST||||||||
|At 1st January 2022||||9735|22785|600000|632520|
|Additions|||||5217||5217|
|Disposals||||||||
|At 31st December 2022||||9735|28002|600000|637737|
|DEPRECIATION||||||||
|At 1st January 2022||||7696|15715|5000|28411|
|Charge for the year||||1681|4543|12000|18224|
|At 31st December 2022||||9377|20258|17000|46635|
|NET BOOK VALUE At||||||||
|31st December 2022||||358|7744|583000|591102|
|At 31stDecember 2021||||2039|7070|595000|604109|





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|10. Debtors||||||
|---|---|---|---|---|---|
||||||31.12.21|
|Debtors||||65566|18702|
|Prepayments||||3374|56004|
|||||68940|74706|
|11.Creditors||||||
||||||31.12.21|
|Amounts<br>Fallinq|Due Within One Year|||||
|Trade creditors||||170||
|Accrued expenses||||.51742|.2169|
|Taxes and pensions||||-11391|-11004|
|Deferred<br>income||||.23608|.24879|
|||||-86571|-38052|
|Amounts<br>Fallinq|Due - More Than One Year|||||
|Property<br>loan||||.190000|.200000|
|The property<br>loan|is interest free and repayable|as reserves|permit|||
|12.Movement|in Funds|||||



||||Brouqht|Forward|Income|Expenditure|Transfers|Carried|Forward|
|---|---|---|---|---|---|---|---|---|---|
||||at 1stJan 2022|||||at 31st|Dec 2022|
|Restricted|Funds|||||||||
|Client welfare||||10389|101057|-86500|.552||24394|
|Property<br>renovation|||||58091|48001|||10090|
|Capital<br>Fund||||270000||.12000|||258000|
|Salary funds||||7734|92087|.82350|.3124||14347|
|||||288123|251235|-228851|.3676||306831|
|Desiqnated|Funds|||||||||
|Property<br>renovation||fund||125000|||||125000|
|Unrestricted|Funds|||||||||
|Food and client support||||283469|598049|.574333|3676||310861|
|Total Funds||||696592|849284|-803184|||742692|





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|Donations|||||||
|---|---|---|---|---|---|---|
|General donations|||120997|1939|122936|f59966|
|Charitable<br>Activities|||||||
|Grants and contracts|||349495|344134|693629|676812|
|Miscellaneous|income||17576||17576|12504|
||||488068|346073|834141|849284|
|EXPENDITURE|||||||
|Charitable<br>Activities|||||||
|Food and client|support|programmes|404005|113135|517140|796164|
||||404005|113135|517140|803184|
|NET INCOME|||84063|232938|317001|46100|
|Transfers<br>between|funds||9266|-9266|||
||||93329|223672|317001|46100|
|Other recognised|gains/losses||||||
|Net Movement<br>in Funds|||93329|223672|317001|46100|
|Funds brought<br>forward|||315140|64450|379590|696592|
|TOTAL FUNDS|||408469|288122|696591|742692|





GOOD
SHEPHERD
wolverharrpton
gsmwolverhampton.org.uk