Annual report, January - December 2Q23,. GOOD SHEPHERD wwwosmwolverhampton.org.uk
| Contents | Contents | |
|---|---|---|
| Reference and Administrative Information |
||
| Trustees' Report | 4-15 | |
| Independent Examiner's |
Report | 16 |
| Statement ofFinancial | Activities | 17 |
| Balance Sheet | 18 | |
| Statement ofCash Flow |
19 | |
| Notes to the Financial Statements | 21-25 |
| Note | Unrestricted | Restricted | Capital | TOTAL | 31.12.22 | |
|---|---|---|---|---|---|---|
| funds | funds | totalfunds | ||||
| INCOME | ||||||
| Donations | ||||||
| General donations | 2 | 177142 | 177142 | 159968 | ||
| Charitable activities |
||||||
| Grants and contracts | 3 | 350255 | 424007 | 774262 | 676812 | |
| Miscellaneous income |
16906 | 16906 | 12504 | |||
| 544303 | 424007 | 968310 | 849284 | |||
| EXPENDITURE | ||||||
| Charitable activities | ||||||
| Food and client support | 4+5 | 441982 | 457073 | 899055 | 763590 | |
| Propety depreciation | 12000 | 12000 | 12000 | |||
| Funding &PR |
28610 | 28610 | 27594 | |||
| 470592 | 457073 | 12000 | 939665 | 803184 | ||
| NET INCOME | 73711 | -33066 | -12000 | 28645 | 46100 | |
| Transfers between funds | -2609 | 2609 | ||||
| 71102 | -30457 | -12000 | 28645 | 46100 | ||
| Other recognised gains/losses | ||||||
| Net movement in funds |
71102 | -30457 | -12000 | 28645 | 46100 | |
| Funds brought forward |
435861 | 48831 | 258000 | 742692 | 696592 | |
| TOTAL FUNDS | 12 | 506963 | 18374 | 246000 | 771337 | 742692 |
| 3212.22 | ||||||
|---|---|---|---|---|---|---|
| Cash flows from operatinq activities |
||||||
| Net income | 28645 | 46100 | ||||
| Adjustments for |
||||||
| Depreciation oftangible fixed assets |
20697 | 18225 | ||||
| Increasae/decrease | in debtors | -2071 | 5766 | |||
| Increase/decrease | in creditors | 1I849 | 48517 | |||
| 30475 | 72508 | |||||
| Net cash provided by |
operatinq | activities | 59120 | 118608 | ||
| Investment activities |
||||||
| Purchase offixed | assets | %138 | 4217 | |||
| Cash flows from financial activities | ||||||
| Repayments of borrowings |
-35000 | -10000 | ||||
| Net increase/decrease | in cash | 14982 | ||||
| Cash at beqinning ofyear |
359221 | 255830 | ||||
| Cash at end of year | 374203 | 359221 |
| 4 | ||||||
|---|---|---|---|---|---|---|
| Food and cSent support Salaries |
Food 116578 |
Client support 347796 |
Total 464374 |
31.12.22 494168 |
||
| Depreciation | 3404 | 3404 | 5029 | |||
| Training | 1503 | 1503 | 1380 | |||
| Volunteer expenses |
4288 | 4288 | 876 | |||
| Equipment costs |
2I93 | 2193 | 570 | |||
| Cleaning and waste disposal |
8502 | 8502 | 7430 | |||
| ITcosts | 5157 | 5157 | 6031 | |||
| Food costs | 11251 | 0251 | 14315 | |||
| Client welfare | 31565 | 31565 | 74809 | |||
| Property costs | 4424 | 4424 | 2594 | |||
| Disposable items | 3684 | 3684 | 4208 | |||
| Utilities | 18519 | 11316 | 29835 | 10408 | ||
| Motor and travel expenses | 608I | 6081 | 6497 | |||
| Telephone | 8106 | 8106 | 6544 | |||
| Support casts | 24635 | 73495 | 98130 | 75513 | ||
| 194847 | 4STSSD | ti8249S | 710372 | |||
| 5 | ||||||
| Support costs | 3L12.22 | |||||
| Salaries | 73058 | 33607 | ||||
| Depredabon | 5293 | 096 | ||||
| Training | 841 | 3304 | ||||
| Property cosfs | 2212 | 15309 | ||||
| Utilities | 1029 | |||||
| Independent examination |
1420 | 810 | ||||
| Marketing and communications |
||||||
| Trustee expenses | ||||||
| ITcosts | 2425 | 8675 | ||||
| 7elephane | 8564 | 5024 | ||||
| Irlsurance | ||||||
| Other casts | 4521 | 2443 | ||||
| 98130 | 75513 | |||||
| Major property renovation |
216557 | S3217 | ||||
| Total | food 6 client support | 899055 | 763SS9 | |||
| Property costs are aaocated an the basis ofspace used | ||||||
| Support costs are allocated on | the basis ofstaff numbers | |||||
| 6 | ||||||
| Het | econ»%q»ndkure | 3L12.22 | ||||
| Net Income /expenditure | is shown after charging: | |||||
| Depreciation - owned assets | 20697 | 18225 | ||||
| Independent Examiners fee |
1420 | 810 | ||||
| Trustee expenses | NIL | NIL |
| 7 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Trustees' Remuneration |
and beneSts | |||||||||
| No Trustee received | any remuneration | or benefits I31.1222-Nio | ||||||||
| 8 | ||||||||||
| Staffcosts Salaries |
31.12.23 486957 |
3LI222 473743 |
||||||||
| Pension contributions Social Security costs |
9187 41292 |
9543 44489 |
||||||||
| 537432 | 527775 | |||||||||
| The | number ofemployees | receiving | more than E60000was NIL120?2.NIL) | |||||||
| The | average number of staff employed |
was | 2312022.19) | |||||||
| 9 | ||||||||||
| Tangible Fixed Assets Cost As 1stJanuary 2022 |
Eeuh | nt 9735 |
Computers 28002 |
freehold Total 637737 |
||||||
| Additions Disposals |
9138 100 |
9138 -100 |
||||||||
| As at 31st December | 2022 | 18773 | 28002 | 600000 | 646775 | |||||
| Depreciation | ||||||||||
| As at 1stJanuary 2022 Charge for the period Written back on disposal |
9377 3404.100 |
20258 5293 |
17000 12000 |
46635 20697 |
||||||
| At 31st December 20?2 | 12681 | 255SI | ||||||||
| Net book value | ||||||||||
| At 31stDecember 2023 | 6092 | 2451 | ||||||||
| At 31stDecember 2022 | ||||||||||
| 10 | ||||||||||
| Debtors Debtors Prepayments |
52963 18048 |
3L1222 65566 3374 |
||||||||
| 71011 | ||||||||||
| 0 | ||||||||||
| Creditors Trade creditors |
-402 | 3L1222 170 |
||||||||
| Accrued expenses Taxes and pensions Deferred income |
.8202 12280 77536 |
.51742 0391 .23608 |
||||||||
| -98420 | ||||||||||
| Amounts falling due - |
more than | one year | ||||||||
| Property Loan |
-155000 |
| 12 | Carried | |||||||
|---|---|---|---|---|---|---|---|---|
| Movement Restricted |
in Funds funds |
Income | Expenditure | forwanl | ||||
| Client | welfare | 24395 | 323849 | -320971 | 2609 | 10390 | ||
| Property renovation |
10090 | 35000 | .45090 | |||||
| CapitalFund | 258000 | 12000 | 246000 | |||||
| Salary | funds | 14346 | 65158 | .71521 | 7983 | |||
| 306831 | 424007 | ~9074 | 264373 | |||||
| Unrestricted | funds | |||||||
| Food and client support | 310861 | 544303 | 470591 | .2609 | 381964 | |||
| Designated | funds | |||||||
| Property renovation |
fund | 125000 | 125000 | |||||
| 435SSI | 544303 | W70591 | -2609 | 506693 | ||||
| Total | funds | 742692 | 968310 | 771337 |
| 13 |
||||||
|---|---|---|---|---|---|---|
| Camimmtlwi Stateiiiairt ol Flrmriclal ActlviNas |
Yearto31.12.22 | |||||
| Note | Unrestricted | Restricted | Restricted | Total | Year ended | |
| fullds | fuiids | Capital funds | 31.1223 | |||
| Income | ||||||
| Doiiatlons | ||||||
| General donations | 148843 | 159968 | 777142 | |||
| Charitable activities |
||||||
| Grants and contracts | 436702 | 240110 | 676812 | 774262 | ||
| Miscellaneous income |
12504 | 12504 | 16906 | |||
| 598049 | 25123S | $49284 | 968310 | |||
| Expenditure | ||||||
| Charitable activities |
||||||
| Food and client support programmes | 5 | 546739 | 216851 | 763590 | ||
| Property depreciation Fundraising 6PR |
27594 | 12000 | 12000 27594 |
939665 | ||
| 574333 | 216SSI | 12000 | $031S4 | 93966S | ||
| Net Income | 23716 | 34384 | .12000 | 46100 | 28645 | |
| Transfers between funds |
3676 | .3676 | ||||
| 27392 | 30708 | .12000 | 46100 | 28645 | ||
| Other recognised gains/losses |
||||||
| Net movement in funds |
27392 | 30708 | -12000 | 46100 | 28645 | |
| Funds brought forward |
408469 | 18123 | 270000 | 696592 | 742692 | |
| TOTAL FUNDS | 435861 | 48831 | 2SSOOO | 742692 | 771337 |
| 14 | |||||
|---|---|---|---|---|---|
| Analysis of | Net Assets betnaen | Funds | estrtuted | unre stdeted | Total Funds |
| Fixed Assets | 246000 | 333543 | 579543 | ||
| Net Current | Assets | -84476 | 328421 | 243945 | |
| Long trem liabilites | .155000 | .155000 | |||
| 264374 | S06963 | 771337 | |||
| Comsatnm | as at361222 | 333102 | 591102 | ||
| Net Current | Assets | 292759 | 262834 | ||
| Long tram liabilites | -190000 | .190000 | |||
| 306S31 | 43S861 | 742692 |
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