2023-03-31-accounts - The Somerset Centre, Brighton

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CHARITY	NUMBER:	1170520
Company	No:	CE009231
CHARITY	ADDRESS:	62 StJames's Street,
		Brighton, East Sussex.
		BN2 1PR.
TRUSTEES		Mr John Barry
		Mrs Cigdem Ford
		Ms Frances Horsley
		Miss Pamela Lord (Appointed	23.01.2023)
		Mr David Miller
		Rev Helen Rose (Appointed 31.01.2022, Resigned 20.12.2022)
		Dr Jane Traies
		Mr Nigel Wright (Resigned 30.4.2022)
CHAIR:		Mr John Barry
TREASURER:		Mr Nigel Wright (from 01.03.2022		to 30.04.2022)
		(Vacancy from 01.05.2022)
SECRETARY:		(Vacancy from 01.04.2022)
MANAGER:		Ms Judith Eighteen (Resigned 06.02.2023)
		Mr Robert Henly (Acting Manager		from 08.02.2023)
B&HCC HEALTH &ADULT		SOCIAL CARE REPRESENTATIVE:
		Ms Judith Cooper, Commissioning		and Contracts	Manager,	Health	&Adult
		Social Care, Brighton & Hove	City	Council
PRINCIPAL BANKERS:		Co-Operative Bank,
		Delf House. Southway,
		Skelmersdale,
		Lancashire, WN8 6WT.
ACCOUNTANTS:		Marsh &Co
		254 Upper Shoreham Road
		Shoreham by Sea
		BN45 6BF

Statement of Financial Activiti for the year ended 31March	es 2023
		Unrestricted	Restricted
		funds	funds		Total funds	Total funds
		2023	2023	2023	2023	2022
	Notes	f	f	f	f	f
Income and endowments
from:
Donations and legacies	4	7,768	10,551		18,319	4,806
Charitable activities	5	122,813			122,813	135,064
Other trading activities
Investments
Other						14,382
Total		130,581	10,551		141,132	154,252
Expenditure on:
Raising funds
Charitable activities	7	60,840	766		61,606	42,765
Other	8	113,972	277		114,249	102,646
Total		174,812	1,043		175,855	145,411
Net gains on investments
Net (expenditure)/income	13	(44,231)	9,508		(34,723)	8,841
Transfers between funds
Net (expenditure)/income before other gains/(losses)		(44,231)	9,508		(34,723)	8,841
Other gains and losses
Gains on revaluation of
fixed assets
Actuarial Gains on defined
benefit pension schemes
Other Gains
Net movement in funds		(44,231)	9,508		(34,723)	8,841
Reconciliation offunds:
Total funds brought forward		65,506	10,106		75,612	66,771
Total funds carried forward		21,275	19,614		40,889	75,612

The Somerset Cent Balance Sheet	The Somerset Cent Balance Sheet	re, Brighton
at 31March 2023
Company No.	CE009231		Notes	2023	2022
				f	f
Fixed assets
Tangible assets				4,018	4,278
				4,018	4,278
Current assets
Debtors				844	5,816
Cash at bank	and in hand			41,453	69,497
				42,297	75,313
Creditors: Amount		falling due within one year	10	(5,426)	(3,979)
Net current assets				36,871	71,334
Total assets less	current liabilities			40,889	75,612
Total net assets				40,889	75,612
The funds ofthe	charity
Restrictedfunds
Restricted income funds				19,614	10,106
				19,614	10,106
Unrestricted funds			12
General funds				11,414	53,267
Designated funds				9,861	12,239
				21,275	65,506
Total funds				40,889	75,612

Expenditure
Recognition	of	Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
expenditure		cannot be fully recovered, and is reported as part ofthe expenditure to which it
		relates.
		-expenditure on raising funds includes the costs of all fundraising activities,	events,
		non-charitable trading activities, and the sale ofdonated goods.
		—expenditure on charitable activities includes all costs incurred by a charity	in
		undertaking activities that further its charitable aims for the benefit of its
		beneficiaries, including those support costs and costs relating to the governance		of
		the charity apportioned to charitable activities.
		—other expenditure includes all expenditure that is neither related to raising	funds
		for the charity nor part of its expenditure on charitable activities.
		All costs are allocated to expenditure categories reflecting the use ofthe resource.
		Direct costs attributable to a single activity are allocated directly to that activity.
		Shared costs are apportioned between the activities they contribute to on a
		reasonable, justificable, and consistent basis.

						Unrestricted	Restricted
						funds	funds		Total funds
						2022	2022	2022	2022
Income and endowments				from:
	Donations and	legacies				3,024	1,782		4,806
	Charitable activities					135,064			135,064
	Other trading activities
	Investments
	Other					14,382			14,382
Total						152,470	1,782		154,252
Expenditure on:
	Raising funds
	Charitable activities					42,765			42,765
	Other					102,646			102,646
Total						145,411			145,411
Net	gains on investments
Net	income					7,059	1,782		8,841
Transfers between		funds
Net income before gains/(losses)		other				7,059	1,782		8,841
Other gains and losses:
	Gains on revaluation		offixed		assets
	Actuarial Gains	on defined benefit pension
	schemes
	Other Gains
Net	movement in funds					7,059	1,782		8,841
Reconciliation offunds:
Total funds brought		forward				58,447	8,324		66,771
Total funds carried		forward				65,506	10,106		75,612
4	Income from donations			and	legacies
					Unrestricted	Restricted	Endowment	Total	Total
								2023	2022
	Donations				7,768	10,551		18,319	4,806
					7,768	10,551		18,319	4,806

	Land and		Furniture
		Vehicle		Total
	buildings		Equipment
	Cost or revaluation
	At 1April 2022	9,505	4,840	14,345
	Additions		1,080	1,080
	Disposals
	At 31March 2023	9,505	5,920	15,425
	Depreciation and
	impairment
	At 1April 2022	6,874	3,193	10,067
	Depreciation charge for the	658	682	1,340
	year
	Disposals
	At 31March 2023	7,532	3,875	11,407
	Net book values
	At 31March 2023	1,973	2,045	4,018
	At 31March 2022	2,631	1,647	4,278
9	Debtors
		2023		2022
		f
	Other debtors	37		4,091
	Prepayments and accrued income	807		1,725
		844		5,816
10	Creditors:
	amounts falling due within one year
		2023		2022
	Trade creditors	3,983		1,198
	Other taxes and social security			1,666
	Other creditors	543
	Accruals	900		1,115
		5,426		3,979