**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:
- 1 Support, mentor and facilitate the recovery and rehabilitation of individual long and short term homeless, both juvenile and adult, living rough on the streets, recently rehoused, sofa surfers or individuals in temporary accommodation in the Leeds and Kirklees area.
- 2 Develop displaced persons by identifying and supporting individuals to recognise their own potential and providing the confidence, care and financial backing to return to, or enter into, satisfying and fulfilling employment through re-training and rehabilitation.
- 3 To help source a potential employer willing to offer the opportunity of rehabilitation and self-sufficiency through employment.
To achieve these main objects the charity will:
- Provide one-to-one literacy support
- Provide training and expertise in job seeking and interview capability
- Work with other local homeless charities to identify potential clients
- Work with local employer's in facilitating placements and/or training
- Help obtaining any available local authority assistance
- Support and sponsor temporary accommodation
- Provide suitable attire for job interviews
- Cover the costs of travel expenses for the purpose of attending interviews and the first month of employment (where necessary)
- Provide one-to-one support during placements
- Provide support during employment with advice and guidance
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:
- the prevention or relief of poverty
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:
- the advancement of health
- the advancement of citizenship or community development
- the advancement of human rights, conflict resolution or reconciliation or the promotion of religious or racial harmony or equality and diversity
- the relief of those in need by reason of age, youth, ill health, disability, financial hardship or other disadvantages.
## **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:
- Fundraising activity pledging a minimum of £500 per year
- The offer of paid employment to one of our service users
- Volunteer support
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
3. 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
4. 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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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**
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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.
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**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
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**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
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