SSG SUSTAINABLE LIVING CIO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
CHARITY NUMBER 1167457
SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
CONTENTS
| Report of the Trustees | 1 - 3 |
|---|---|
| Auditors’ Report | 4 - 6 |
| Statement of Financial Activities | 7 |
| Statement of Cash Flows | 8 |
| Balance Sheet | 9 |
| Notes to the financial statements | 10 - 15 |
| Detailed Statement of Financial Activities | 16 - 17 |
SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
REPORT OF THE TRUSTEES
Legal and Administrative Details
Constitution
SSG Sustainable Living was established as a Charitable Incorporated Organisation and constituted on 3[rd] June 2016. SSG Sustainable Living is registered with the Charities Commission (Registration Number 1167457). The CIO is managed by a board of trustees, who act as the administrative body.
Trustees
The trustees who have served during this period are:Yasmin Osman Maria Marchiano Danielle Bickerdike Resigned 20 May 2022 Filippa Tuzzolino Cllr Naeem UL Hassan Appointed 24 January 2023
Address
The CIO’s address is:Kashmir House 439-441 Cheetham Hill Road Manchester M8 0PF
Bankers
The CIO’s principal bankers are:Royal Bank of Scotland
Independent Examiner
The Trust's Independent Auditor is: — Scott Roberts Taylor & Co.
Appointment of Trustees
The Trustees may convene and appoint a new Trustee to hold office for the period stated in the CIO’s Constitution. Trustees are appointed through residence, occupation, employment or otherwise have specialist knowledge of the area of benefit or who are able by virtue of their personal or professional qualifications to make a contribution to the pursuit of the objectives or management of the charity.
New Trustees attend the Trustees induction during which they spend time at the project in order to see how it works in practice, to meet the people who use the project and the staff and volunteers. Each Trustee receives an induction pack, which includes information about their legal responsibility in the Charity Commission booklet, the constitution, financial statements, annual report, budget and recent management committee papers. They are also given information about their role as a Trustee and what is expected of them. They are also given information about other Trustees and are introduced to them.
Risk Assessment
The major risks, to which the charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitigate those risks.
Organisational Structure
The Trustees form the Management Committee of the charity and are responsible for the setting and reviewing of policies, finances and strategic direction. The Trustees delegate the day to day management of the project to the manager, Maria Marsden. The manager also manages staff and volunteers.
Page 1
SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
REPORT OF THE TRUSTEES - CONTINUED
Objectives
The objectives of SSG Sustainable Living are:
-
(1) The relief and prevention of poverty and the relief of need in particular by the provision of accommodation, support and training to people who are homeless or in acute housing distress or suffering poverty, hardship or social and economic disadvantage in Manchester.
-
(2) The advancement of education including (without limitation) the provision of education and training to eligible persons.
Summary of Achievement
Our 7[th] year has been one of the busiest yet, the senior management team have been working closely and as of February 2023 all policies and procedures have been developed, updated, and approved by the board. This work has been developed during the past 6 months as SSG are hoping to sign a management agreement with an RSL, which would provide security for SSG in the long term. The management team have approached Depaul with the hope to have a signed agreement in the next coming months.
Our ABEN site, College Road has continued to work at a fast pace throughout the year and we have successfully moved on 213 clients with 56 of those being 18–25-year-olds. SSG has continued to work closely with Centrepoint to support the young people that come into College Road. Centrepoint provide weekly drop-in sessions, as well as support with food vouchers, education and training and taxis to appointments. We have also developed a specialist role at College Road to focus on client engagement, and quarterly meetings will be held inviting all clients to discuss upcoming changes, to provide feedback about our service and any other information that may be important for the residents. In August 2022 all the clients at College Road and some resettled clients were invited to take part in a sports day. Using a preapproved budget from the board we were able to facilitate up to 10 activities with prizes for the clients, as well as a barbeque.
As of April 2023, stage 2 refurbishments have been completed at Kashmir house, ensuring the safety and security of the building as well as for the clients. The clients at Kashmir have been involved in a number of activities to help develop their independent living skills. In October 2022 the staff at Kashmir ran their first Come dine with me session. These sessions are to help the clients gain confidence, learn how to budget, and cook as well as socialising with the other residents. The staff at Kashmir House work closely with their clients, and continue with the support that started at College Road while introducing other factors such as communal cleaning tasks. These factors are put in place to ensure that when they move into their own tenancy, they have developed the skills necessary to be able to manage on their own with floating support and with the hope to reduce the revolving door effect.
Appleford continues to accommodate our clients who need that last step of light level support before they move into their own tenancies. Staff members visit on a daily basis to complete health and safety checks. The clients are also required to attend Kashmir House for fortnightly support sessions where staff support them to search for move on accommodation, whether that be through Manchester Move, Other Over 55’s accommodation or private rented tenancies.
SSG has continued to be supported by a number of external agencies for funding this year. We would like to thank the Real Change MCR and MCC Winter pressure funding which allowed our resettled clients to move into a house rather than a home. The funding allows our resettlement worker to source furniture and pay for their rent, she then provides floating support to the clients such as setting up bills and helping them to integrate into their new community. We would also like to thank family and friends who donated items to our Christmas Collection which allowed each one of our clients to receive a gift on Christmas morning.
Page 2
SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
REPORT OF THE TRUSTEES - CONTINUED
SSG has worked closely with a number of external agencies. Eyes at home have provided free eye tests and glasses for our clients throughout the year on a three-monthly basis, in addition to providing free tests for staff members. CGL and Centrepoint provide weekly drop-in sessions at College Road. Staff have also been working with Greater Manchester Together to discuss other activities at College Road to improve the wellbeing of clients such as the quiz that used to take place. They also allowed clients to access a range of other activities outside of their homes such as football, water sports and circuit training – many of which have been popular with the clients.
As of November 2022, SSG started a pilot program which aims to support the elderly stay in their homes if it is safe to do so. The project is currently going well, and if this continues there are plans to expand the project with the approval of the board. As of April 1[st,] 2023 staff’s wages have increased. After working with a rewards consultant, it became apparent that SSG had been under paying the senior members of staff in comparison to other local agencies.
SSG is looking forward to embarking on a new project with an RSL and developing our client engagement programme to ensure the clients feel as though they are being heard, and that all staff are providing the best support possible. All staff are now aware of the new policies and procedures and understand the importance of practicing these on a daily basis.
Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
•select suitable accounting policies and apply them consistently;
•observe the methods and principles in the Charities SORP;
- •make judgements and estimates that are reasonable and prudent;
•state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
•prepare the accounts on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 24[th] January 2024 and signed on its behalf by:
Ms Y Osman - Trustee
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES
Opinion
We have audited the financial statements of SSG Sustainable Living CIO (‘the charity’) for the year ended 30[th] April 2023 which comprise of the Statement of Financial Activities, Statement of Cash Flows, Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
•give a true and fair view of the state of the charity’s affairs as at 30[th] April 2023 and of its incoming resources and application of resources for the year then ended;
•have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
•have been prepared in accordance with the requirements of The Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director’s use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, including the trustees’ report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
INDEPENDENT AUDITOR’S REPORT - CONTINUED
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
-
•the information given in the trustees’ report is inconsistent in any material respect with the financial statements; or
-
•sufficient accounting records have not been kept; or
-
•the financial statements are not in agreement with the accounting records; or
-
•we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement set out on page 3, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
We have been appointed as auditor under Section 144 (145 for a lower income charity) Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Enquiries were made of the Trustees and management with a view to identifying those laws and regulations that could be expected to have a material impact on the financial statements.
We obtained an understanding of the legal and regulatory framework that the charity operates in, and the principal risks of non-compliance with laws and regulations which we identified as being significant to the company related to UK Financial Reporting Standards, Company Law, Charity Law, UK Tax Legislation and Health & Safety regulations.
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
INDEPENDENT AUDITOR’S REPORT - CONTINUED
We considered the extent to which the non-compliance with these regulations would have an impact on the accounts. The audit procedures we undertook in response to the potential risks relating to irregularities (which include fraud and non-compliance with laws and regulations) included, but were not limited to:
-
enquiries of management about procedures for compliance with laws and regulations
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enquiring of management as to whether they had any knowledge of actual, suspected or alleged fraud
-
we inspected the minutes of meetings of those charges with governance
-
we ensured the audit team were alert for any identification of non-compliance throughout the audit
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities.
This description forms part of our auditor’s report.
Scott Roberts Taylor & Co. is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with The Charities Act 2011. Our audit work has been undertaken so that we might state to the trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Ian David Wicks FCCA Scott Roberts Taylor & Co Statutory Auditor Central Buildings 5 – 7 Corporation Street Hyde Cheshire SK14 1AG
23[rd] February 2024
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| 30.04.23 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations & Legacies 461,913 Other trading activities 2 967,550 Furlough claims - Total 1,429,463 EXPENDITURE ON Raising funds 3 17,685 Charitable activities Housing 1,292,448 Other - Total 1,310,133 __ NET INCOME 119,330 RECONCILIATION OF FUNDS Total funds brought forward 642,076 TOTAL FUNDS CARRIED FORWARD 761,406 |
30.04.22 Total funds £ 497,687 998,496 644 _ 1,496,827 7,288 1,082,979 - _ 1,090,267 406,560 235,516 642,076 |
|---|---|
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2023
Operating Activities Net income Adjustments for: (Increase)/decrease in debtors Increase/(decrease) in creditors Disposals of fixed assets Depreciation Total Cash from Operating Activities Investing Activities Payments to acquire property, plant and equipment Total Cash from Investing Activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period |
30.04.23 30.04.22 £ £ 119,330 406,560 (8,152) (147,012) 29,337 23,483 6,734 - 5,898 5,410 _ 33,817 (118,119) (13,662) (5,704) _ (13,662) (5,704) _ 139,485 282,737 518,473 235,736 _ 657,958 518,473 __ |
|---|---|
Page 8
SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
BALANCE SHEET AT 30 APRIL 2023
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS:amounts Falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted Funds TOTAL FUNDS |
£ 156,364 657,958 ______ 814,322 (70,648) |
2023 £ 17,732 743,674 761,406 761,406 761,406 761,406 |
£ 148,212 518,473 666,685 (41,311) |
2022 £ 16,702 625,374 642,076 642,076 |
|---|---|---|---|---|
| 642,076 642,076 |
The financial statements were approved by the Board of Trustees and authorised for issue on 24th January 2024 and were signed on its behalf by:
Ms Y Osman – Trustee
The notes on pages 10 to 15 form part of these financial statements
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
1 ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the charities SORP (FRS 102) Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount if the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property 20% straight line Fixtures and fittings 20% straight line Motor Vehicles 20% straight line Computer Equipment 20% straight line
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
2. OTHER TRADING ACTIVITIES
| M.C.C The Booth Centre Other Income Total 3. FUNDRAISING COSTS Property Costs |
30.04.23 £ 955,234 - 12,316 967,550 30.04.23 £ 17,685 _ |
30.04.22 £ 987,093 11,313 90 __ 998,496 30.04.22 £ 7,288 _ |
|---|---|---|
4. TRUSTEES REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022.
5. STAFF COSTS
| The average monthly number of employees during the year was as follows: Support Staff |
30.04.23 25 _ |
30.04.22 19 _ |
|---|---|---|
No employees received emoluments in excess of £60,000
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457 NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| Fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 497,687 |
| Other trading activities | 998,496 |
| Furlough Claims | 644 |
| _ | |
| Total | 1,496,827 |
| EXPENDITURE ON | |
| Fundraising costs | 7,288 |
| Charitable activities | |
| Housing | 1,082,979 |
| Other | - |
| _ | |
| Total | 1,090,267 |
| _ | |
| NET INCOME | 406,560 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 235,516 |
| ______ | |
| TOTAL FUNDS CARRIED FORWARD |
642,076 ______ |
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
7. TANGIBLE FIXED ASSETS
| Improvements | Fixtures | ||||
|---|---|---|---|---|---|
| to | and | Motor | Computer | ||
| Property | fittings | Vehicles | Equipment | Totals | |
| £ | £ | £ | £ | £ | |
| COST | |||||
| At 1 May 2022 | 11,224 | 5,752 | 4,150 | 5,928 | 27,054 |
| Additions | - | 12,913 | - | 749 | 13,662 |
| Disposals | (11,224) | - | - | - | (11,224) |
| ______ | ______ | _____ | _____ | ______ | |
| At 30 April 2023 | - | 18,665 | 4,150 | 6,677 | 29,492 |
| ______ | ______ | _____ | _____ | ______ | |
| DEPRECIATION | |||||
| At 1 May 2022 | 4,490 | 2,165 | 1,690 | 2,007 | 10,352 |
| Charge for year | - | 3,732 | 830 | 1,336 | 5,898 |
| Disposals | (4,490) | - | - | - | (4,490) |
| ______ | _____ | _____ | _____ | _____ | |
| At 30 April 2023 | - | 5,897 | 2,520 | 3,343 | 11,760 |
| ______ | _____ | _____ | _____ | _____ | |
| NET BOOK VALUE | |||||
| At 30 April 2023 | - | 12,768 | 1,630 | 3,334 | 17,732 |
| ______ | _____ | _____ | _____ | _____ | |
| At 30 April 2022 | 6,734 ______ |
3,587 _____ |
2,460 _____ |
3,921 _____ |
16,702 _____ |
8. DEBTORS AMOUNTS FALLING DUE WITHIN ONE YEAR
| 8. | DEBTORS AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 30.04.23 | 30.04.22 | ||
| £ | £ | ||
| Prepayments | 92,496 | 77,216 | |
| Other Debtors | 63,868 | 70,996 | |
| _____ | _____ | ||
| 156,364 | 148,212 | ||
| _____ | _____ | ||
| 9. | CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.04.23 | 30.04.22 | ||
| £ | £ | ||
| Taxation and social security | 8,959 | 6,937 | |
| Other creditors | 61,689 | 34,374 | |
| _____ | _____ | ||
| 70,648 _____ |
41,311 _____ |
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
10. MOVEMENT IN FUNDS
At 01.05.22 £ Unrestricted funds General Fund 642,076 _ TOTAL FUNDS 642,076 _ Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 1,429,463 <br>________<br>**TOTAL FUNDS**<br>1,429,463<br>________<br>**Comparatives for movement in funds**<br> <br> <br>**At 01.05.21**<br>£<br>**Unrestricted funds**<br>General fund<br>235,516<br>_____<br>**TOTAL FUNDS**<br>235,516<br>_____<br>Comparatives net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>1,496,827<br>_ TOTAL FUNDS 1,496,827 _ |
Net Movement At in funds 30.04.23 £ £ 119,330 761,406 _ _ 119,330 761,406 _ _ Resources Movement expended in funds £ £ (1,310,133) 119,330 _ _ (1,310,133) 119,330 _ _ Net Movement At in funds 30.04.22 £ £ 406,560 642,076 __ _ 406,560 642,076 Resources Movement expended in funds £ £ (1,090,267) 406,560 _ _ (1,090,267) 406,560 _ _ |
|---|---|
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
At Unrestricted funds General Fund TOTAL FUNDS |
Net 01.05.21 Movement in funds £ £ 235,516 525,890 _ _ 235,516 525,890 _ _ |
At 30.04.23 £ 761,406 _ 761,406 _ |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Unrestricted funds General fund ` TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 2,926,290 (2,400,400) 525,890 _ _ _ 2,926,290 (2,400,400) 525,890 _ _ _ |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2023.
12. OPERATING LEASE COMMITMENTS
At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
| 30.04.23 | 30.04.22 | |
|---|---|---|
| £ | £ | |
| Within one year | 463,955 | 463,955 |
| Within two to five years | 25,633 | 106,607 |
| _____ | _____ | |
| 489,588 _____ |
570,562 _____ |
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SSG SUSTAINABLE LIVING - CHARITY NUMBER 1167457
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
________________
| 30.04.23 | 30.04.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donation and legacies | ||
| HRS Funding | 459,913 | 470,857 |
| BCM/RCM Funding | 2,000 | 26,830 |
| _ | _ | |
| 461,913 | 497,687 | |
| Other trading activities | 967,550 | 998,496 |
| JRS income | - | 644 |
| _ | ______ | |
| 1,429,463 | 1,496,827 | |
| EXPENDITURE | ||
| Investment management costs | ||
| Property repairs | 17,685 | 7,288 |
| Charitable activities | ||
| Rates and water | 6,716 | 5,950 |
| Light and heat | 31,031 | 9,587 |
| Security costs | - | 1,102 |
| Rent payable | 536,853 | 473,487 |
| Food provision | 50,787 | 38,218 |
| Replacement household costs | 13,016 | 20,520 |
| Insurances | 3,253 | 2,215 |
| _ | _ | |
| 641,656 | 551,079 | |
| Support costs | ||
| Management | ||
| Telephone | 2,880 | 2,215 |
| Advertising and marketing | 760 | 2,616 |
| Postage and stationery | 2,339 | 1,332 |
| Sundries | 2,907 | 1,713 |
| Travel | 3,050 | 3,710 |
| Waste disposal | 576 | 60 |
| Cleaning | 1,500 | 14,124 |
| ______ | ______ | |
| 14,012 | 25,770 | |
| Finance | ||
| Other operating leases | 1,120 | 638 |
| Depreciation of tangible assets | 5,898 | 5,410 |
| ______ | ______ | |
| 7,018 | 6,048 | |
| Information technology | ||
| Repairs and renewals | 5,141 | 5,854 |
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SSG SUSTAINABLE LIVING CIO - CHARITY NUMBER 1167457
DETAILED STATEMENT OF FINANCIAL ACTIVITIES - CONTINUED FOR THE YEAR ENDED 30 APRIL 2023
________________
Human resources Wages Social security Pensions Staff training Governance costs Accountancy and legal fees Audit fees Payroll costs Consultancy Legal fees Bank charges Total recourses expended Net Income |
30.04.23 30.04.22 £ £ 557,355 433,059 41,082 32,692 10,352 9,300 553 - _ _ 609,342 475,051 4,800 3,936 2,400 2,400 4,311 3,437 760 6,950 2,525 2,119 483 335 _ _ 15,279 19,177 _ 1,310,133 1,090,267 _ 119,330 406,560 __ _ |
|---|---|
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