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2021-01-31-accounts

REGISTERED COMPANY NUMBER: 10232376 (England and Wales) REGISTERED CHARITY NUMBER: 1171635

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021

FOR

THE HOWARTH FOUNDATION (A COMPANY LIMITED BY GUARANTEE)

Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS

THE HOWARTH FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 January 2021

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The prevention or relief of poverty in respect of individuals who are, or who have recently been, homeless in the districts of Leeds and Kirklees, by actively sourcing employers willing to offer employment and by providing those individuals with support and guidance, as to be determined by the trustees, to successfully obtain such employment.

Significant activities

The charitable company will raise funds through corporate and personal donations and from other fundraising activities to:

To achieve these main objects the charity will:

Page 1

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

OBJECTIVES AND ACTIVITIES

Public benefit

The trustees have reviewed the charitable company's objectives and aims and confirm that these are identifiably for the public benefit as required by the Charity Commission. This benefit predominantly falls within the recognised charitable purpose of:

Further public benefit is achieved to a lesser extent in the work carried out by the charity to achieve through the following recognised charitable purpose:

Grantmaking

The charitable company does not make grants, though small amounts are paid to or on behalf of clients, usually for travel costs, meals or to provide suitable work attire, at the discretion of the trustees.

Page 2

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Howarth Foundation has attained incredible success over the last 12 months through increased reputation credibility and standing within the third sector. The charity has been recognised by Leeds City Council as being at the forefront of recovery in the Homelessness Strategy 2019 - 2022.

BUSINESS BUILDING FUTURES

BBF is an initiative set up by the charity and is intended to engage local businesses in supporting the homeless, through a membership scheme whereby member companies pay a nominal annual fee of £500 and commit to offer one of three things to the charity:

The BBF initiative is endorsed by Leeds City Council and business membership currently stands at 15 organisations within Leeds and Kirklees. In the last 12 months the initiative has unfortunately declined due to Covid-19, a pandemic which has hit businesses hard resulting in 15 businesses being unable to support THF for a further year due to various reasons.

The Howarth Foundation is still committed to serving the existing BBF members and it is the charities ambition to increase total members to 30 businesses by the end of 2021.

We hope that as we come out of the pandemic, businesses will start looking at their CSR and supporting the charity once again.

LEEDS COMMUNITY FOUNDATION

In May 2020 the charity received £10,000 restricted funding from Leeds Community Foundation - Resilience Grant Funding, which ran until September 2020.

This grant funding was a lifeline for THF, enabling us to bring our General Manager out of furlough to provide support to our clients in supported employment, as well as resume work with our business partners to bring revenue in.

The funding enabled us to continue supporting vulnerable people in Leeds during this difficult time and be ready to resume our full delivery model when we are out of lockdown.

NATIONAL LOTTERY

In September 2020, The Howarth Foundation was awarded a grant of £43,850 from the Covid Response Fund, to cover core costs over a six-month period from 1st September 2020 to 31st March 2021.

The purpose of this funding was to ensure that small charities could survive throughout the crisis by funding running costs, salaries and on-costs. The National Lottery understood that charities could no longer generate funds from fundraising activities or events due to the pandemic therefore income would be limited, which had a negative impact on self-funding charities like The Howarth Foundation.

The funding covered salaries for the CEO, General Manager and Client Coordinator, plus on costs such as mileage expenses.

We plan to submit an end of grant report in March 2021 to update the National Lottery on the outcomes achieved during this period which has enabled our service to continue in the current climate.

SKIPTON BUILDING SOCIETY

A grant of £1,000 was allocated in June 2020 to assist the charity financially throughout Covid-19.

Page 3

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

RRG TOYOTA HUDDERSFIELD

In April 2020, a grant of £1,800 was received by The Howarth Foundation to support clients into work by providing 'back to work' packages.

Fundraising activities

Over the last 12 months a number of fundraising activities which were due to take place, unfortunately throughout Covid-19 had to be postponed as restrictions were in place and many services were closed.

The West Riding Masonic Lodge donated £2500 to help clients with capital costs and other client expenses.

The Howarth Foundation organised a sponsored canal walk from Saltaire, to Bingley and back. Each of the participants then sought sponsorship from their network and the journey was promoted on social media throughout the day, with our brand Ambassadors joining us. Over £2777 was generated in sponsorship fundraising.

Local Leeds organisation, Portable Offices chose THF as their chosen charity for the year, fundraising throughout that period and presenting a cheque for £942.00

Other small donations were made from a variety of fundraising schemes such as Facebook birthday giving, ad-hoc donations and monthly supporters.

FINANCIAL REVIEW

Financial position

The charity has received a total income of £88,446 as result of donations (£13,668), fundraising and sponsorship (£7,991) and grants (£66,787). Total expenditure for the year was £69,466 and the net income for the year is £18,980. This gives funds carried forward of £46,889 which will be used for wages, general expenses and marketing.

The CEO of the charity has worked full-time for The Howarth Foundation since inception, which has over the years been on a part paid and part voluntary basis. As a result of financial pressures caused by the pandemic, the CEO worked on an unpaid basis for a period of six months.

In September 2020, the CEO position was reinstated as a paid role at four days per week as we secured funding for this post, which enabled the charity to continue and remain sustainable throughout the pandemic, providing a much-needed service to the clients.

At points throughout the pandemic the charity had to rely on the Furlough Scheme due to restrictions on work activities and fundraising.

Principal funding sources

The National Lottery Covid Response Fund was the principle source of funding totalling £43,850.

However Howarths HR and Employment Law Limited made regular donations totalling £8000 towards running costs in additional to providing office space and utilities on an eight months rent-free period.

In respect of the complimentary office space provided by Howarths HR and Employment Law Limited, in monetary terms, the estimated value of the floor space (392ft squared) occupied by the charity and the associated utilities is £2785 gross for the eight-month rent free period. This is recognised as donation income and accommodation costs.

Investment policy and objectives

The Charitable Company presently has no funds other than what it requires for operating purposes over a rolling twelve month period. All funds are currently held with CAF Bank Limited.

Reserves policy

Given the uncertainty of funding which relies on charitable trusts, personal donations, corporate support and fundraising activities, the Trustees aim to keep a minimum of funds in reserve sufficient to pay the organisational running costs as are likely to fall liable over six to twelve months.

Page 4

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

FUTURE PLANS

The charity will continue to be primarily self-funded and self-sustainable where possible by setting up a retail and training outlet in the form of a Limited Company which will be solely owned by The Howarth Foundation.

The retail outlet will generate income which will then be donated to the charity to support with running costs. The retail and training outlet will also directly support the client group by providing training and volunteering opportunities for those who are looking to prepare for paid, meaningful employment. The Howarth Foundation intends for this to be a community project.

The charity did recruit an Events Coordinator in a full-time paid position, in February 2020, however this role was unfortunately made redundant in April 2020 due to all fundraising events cancelled as a result of the pandemic. This is a position that we will look to recruit for again when restrictions allow, and events can be carried out.

Pursuing grant/funding opportunities to assist with running costs and staff wages will remain a priority and also looking for additional grant funding for new business start-ups.

The charity will continue to promote the BBF initiative and hopes to increase membership by a further 10 businesses generating an additional £5,000 in membership fees and £5,000 from members fundraising activities, in addition to employment opportunities.

The charity will continue to work closely with outside agencies in securing employment for the homeless and aims to provide an additional 10 clients with employment through the BBF initiative over the next 12 months.

The Board of Trustees will continue to support the operational team and look to set up working sub-groups to focus upon specific areas.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The liability of the members is limited.

Every member of the charitable company promises if the charity is dissolved while he, she or it is a member, or within twelve months after he, she or it ceases to be a member, to contribute such sum (not exceeding £10) as may be demanded of him, her or it, towards the payment of debts and liabilities of the charity incurred before he, she or it ceases to be a member, and of the costs, charges and expenses of winding up, and the adjustment of rights of the contributories themselves.

Membership of the charitable company shall be its trustees for the time being, and applications from new members must be approved by the trustees. Any member and charity trustee who ceases to be a trustee automatically ceases to be a member of the charity. Membership is not transferable.

Decision making

The decision making process within the charitable company is based on the trustees making all decisions of a strategic, constitutional and any other "major" nature.

Induction and training of new trustees

All trustees must be DBS checked prior to their official appointment.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

10232376 (England and Wales)

Registered Charity number

1171635

Page 5

THE HOWARTH FOUNDATION

REPORT OF THE TRUSTEES for the year ended 31 January 2021

Registered office

Newbury Court Brooke Street Cleckheaton West Yorkshire BD19 3RR

Trustees

Mr G E Davies Mrs C Geesin Miss T L Hopkins Mr G J A Howarth Mr C M Howarth Mr J P Garside Mr J E Robinson Mr A J Waugh

Independent Examiner

Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS

Approved by order of the board of trustees on 18 October 2021 and signed on its behalf by:

Mr G J A Howarth - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HOWARTH FOUNDATION

Independent examiner's report to the trustees of The Howarth Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Kevin Winterburn ACA ICAEW Sheards Chartered Accountants Vernon House 40 New North Road Huddersfield West Yorkshire HD1 5LS

18 October 2021

Page 7

THE HOWARTH FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 January 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,127
2,500
Charitable activities
Employment and training support
54,541
1,800
Other trading activities
2
3,032
-
Other income
3
10,446
-
Total
84,146
4,300
EXPENDITURE ON
Raising funds
1,000
-
Charitable activities
Employment and training support
55,967
4,554
Other
7,501
444
Total
64,468
4,998
NET INCOME/(EXPENDITURE)
19,678
(698)
RECONCILIATION OF FUNDS
Total funds brought forward
21,791
6,118
TOTAL FUNDS CARRIED FORWARD
41,469
5,420		 2021
Total
funds
£
18,627
56,341
3,032
10,446
88,446
1,000
60,521
7,945
69,466
18,980
27,909
46,889		 2020
Total
funds
£
35,846
32,000
10,886
-
78,732
687
59,788
7,323
67,798
10,934
16,975
27,909

The notes form part of these financial statements

Page 8

THE HOWARTH FOUNDATION

BALANCE SHEET 31 January 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
FIXED ASSETS
Tangible assets
7
455
-
CURRENT ASSETS
Debtors
8
2,235
-
Cash at bank
43,474
5,420
45,709
5,420
CREDITORS
Amounts falling due within one year
9
(4,695)
-
NET CURRENT ASSETS
41,014
5,420
TOTAL ASSETS LESS CURRENT
LIABILITIES
41,469
5,420
NET ASSETS
41,469
5,420
FUNDS
10
Unrestricted funds
Restricted funds:
Leeds Community Foundation
West Riding Masonic Charities
Awards For All
Toyota GB Charitable Trust Funding
TOTAL FUNDS		 2021
Total
funds
£
455
2,235
48,894
51,129
(4,695)
46,434
46,889
46,889
41,469
1,137
2,423
60
1,800
5,420
46,889		 2020
Total
funds
£
444
1,144
31,558
32,702
(5,237)
27,465
27,909
27,909
21,791
1,815
866
3,437
-
6,118
27,909

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

THE HOWARTH FOUNDATION

BALANCE SHEET - continued 31 January 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 18 October 2021 and were signed on its behalf by:

Mr G J A Howarth - Trustee

Mrs C Geesin - Trustee

Miss T L Hopkins - Trustee

The notes form part of these financial statements

Page 10

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 January 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Standard 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 Companies Act 2006. 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 of 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 resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - Straight line over 3 years

Taxation

The charity is exempt from corporation 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 charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated services

Income is recognised by the charity for services donated at fair value based on the estimated cost of those services in an open market.

Principally, the donated services are for rent free accommodation costs, and are based on a square foot basis from within the premises from which the charity operates.

continued...

Page 11

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

2. OTHER TRADING ACTIVITIES

3.

OTHER TRADING ACTIVITIES
Fundraising events
OTHER INCOME
Government grants		 2021
£
3,032
2021
£
10,446		 2020
£
10,886
2020
£
-

Other income represents government grants in respect of the Coronavirus Job Retention Scheme, which has been matched on an accruals basis to the period in which the costs relate.

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021 2020
£ £
Depreciation - owned assets 672 443
Other operating leases 800 150

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2021 nor for the year ended 31 January 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

2021 2020
Charitable and administrative 3 3

No employees received emoluments in excess of £60,000.

continued...

Page 12

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

7.
TANGIBLE FIXED ASSETS
COST
At 1 February 2020
Additions
At 31 January 2021
DEPRECIATION
At 1 February 2020
Charge for year
At 31 January 2021
NET BOOK VALUE
At 31 January 2021
At 31 January 2020
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Social security and other
taxes
Prepayments
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accruals and deferred income		 Computer
equipment
£
1,331
683
2,014
887
672
1,559
455
444
2021
2020
£
£
1,110
1,000
961
-
164
144
2,235
1,144
2021
2020
£
£
900
1,180
-
1,303
3,795
2,754
4,695
5,237

continued...

Page 13

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

10. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.2.20 in funds 31.1.21
£ £ £
Unrestricted funds
General fund 21,791 19,678 41,469
Restricted funds
Leeds Community Foundation 1,815 (678) 1,137
West Riding Masonic Charities 866 1,557 2,423
Awards For All 3,437 (3,377) 60
Toyota GB Charitable Trust Funding - 1,800 1,800
6,118 (698) 5,420
TOTAL FUNDS 27,909 18,980 46,889
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 84,146 (64,468) 19,678
Restricted funds
Leeds Community Foundation (1) (677) (678)
West Riding Masonic Charities 2,501 (944) 1,557
Awards For All - (3,377) (3,377)
Toyota GB Charitable Trust Funding 1,800 - 1,800
4,300 (4,998) (698)
TOTAL FUNDS 88,446 (69,466) 18,980

continued...

Page 14

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.2.19 in funds 31.1.20
£ £ £
Unrestricted funds
General fund 7,940 13,851 21,791
Restricted funds
Leeds Community Foundation 2,000 (185) 1,815
West Riding Masonic Charities 1,416 (550) 866
Awards For All 5,619 (2,182) 3,437
9,035 (2,917) 6,118
TOTAL FUNDS 16,975 10,934 27,909

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 78,731 (64,880) 13,851
Restricted funds
Leeds Community Foundation 1 (186) (185)
West Riding Masonic Charities - (550) (550)
Awards For All - (2,182) (2,182)
1 (2,918) (2,917)
TOTAL FUNDS 78,732 (67,798) 10,934

Page 15

continued...

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.2.19 in funds 31.1.21
£ £ £
Unrestricted funds
General fund 7,940 33,529 41,469
Restricted funds
Leeds Community Foundation 2,000 (863) 1,137
West Riding Masonic Charities 1,416 1,007 2,423
Awards For All 5,619 (5,559) 60
Toyota GB Charitable Trust Funding - 1,800 1,800
9,035 (3,615) 5,420
TOTAL FUNDS 16,975 29,914 46,889
A current year 12 months and prior year 12 months combined net movement in funds, included in the above
as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 162,877 (129,348) 33,529
Restricted funds
Leeds Community Foundation - (863) (863)
West Riding Masonic Charities 2,501 (1,494) 1,007
Awards For All - (5,559) (5,559)
Toyota GB Charitable Trust Funding 1,800 - 1,800
4,301 (7,916) (3,615)
TOTAL FUNDS 167,178 (137,264) 29,914

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Details of the restricted funds are as follows:

- Leeds Community Foundation £1,317

The funding was allocated from the Big Change Fund to assist with travel costs for clients to attend training courses, job interviews and attend work for the first month of employment.

- West Riding Masonic Charities £2,423

This is to go towards capital expenditure for clients, items such as computers, and also travel costs for the client to provide them with a weekly bus pass to attend meetings, interviews and training. This funding is also for the use of purchasing interview/work clothing for the client and food parcels where necessary.

Awards For All - £60

Page 16

continued...

THE HOWARTH FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 January 2021

10. MOVEMENT IN FUNDS - continued

Funding from the National Lottery is to create virtual CV's for our clients as a chance to showcase their existing skills and put their best foot forward, this will then be followed up by creating a virtual diary of the client once in employment. The funding shall be allocated to room hire, staff salaries and marketing.

- Toyota £1,800

Funding to cover travel cost and work clothing for clients.

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2021.

Page 17

THE HOWARTH FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 January 2021

2021 2020
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 13,558 28,652
Gift aid 110 1,162
Corporate sponsorship 4,959 6,032
18,627 35,846
Other trading activities
Fundraising events 3,032 10,886
Charitable activities
Grants 56,341 32,000
Other income
Government grants 10,446 -
Total incoming resources 88,446 78,732
EXPENDITURE
Raising donations and legacies
Cost of fundraising - 687
Other trading activities
Bad debts 1,000 -
Charitable activities
Wages 56,881 50,360
Pensions 1,374 1,060
Accommodation costs - 4,178
Advertising - 24
Sundries 161 265
Travel 1,254 1,746
Room hire - 1,655
Client costs 805 293
60,475 59,581
Support costs
Governance costs
Other operating leases 800 150
Insurance 541 512
Telephone 220 140
Carried forward 1,561 802

This page does not form part of the statutory financial statements

Page 18

THE HOWARTH FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 January 2021

2021 2020
£ £
Governance costs
Brought forward 1,561 802
Postage and stationery 56 120
Advertising and marketing 4,018 3,910
Accountancy fees - 720
Legal fees 1,013 1,063
Subscriptions 399 355
Bank charges 63 60
Computer costs 209 57
Depreciation of computer equipment 672 443
7,991 7,530
Total resources expended 69,466 67,798
Net income 18,980 10,934

This page does not form part of the statutory financial statements

Page 19