2022-03-31-accounts - Homewise Society

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Reference and Administrative	Details
Trustees Report		2to3
Independent examiner's report
Statement offinancial activities
Balance Sheet
Notes to the financial statements		7to 12
Income and Expenditure account		13to 14

Registered	1179077
Trustees	8 Holden MBE JP		(Chair)
	D J Duckworth		(Treasurer)	Deceased 25th June 2022
	M Abid		(Vice Chair)
	D L King
	D Westeg
Address	Unit 3 Allied House
	Burnley Road
	Clayton-le-Moors
	BB55TW
Accountant	Lee Accountancy		Services
	46 Pinewood	Drive
	Accdington
	Lancashire
	BB56UG

		Unrestricted	Restricted	Total	Funds	Total Funds	Total Funds
		Funds	Funds	2022		2021
	Note
Income and Endowments
Donations and Legacies Charitable activities	2.1 22	12,406	8,098 383,024	8,098 395,429		( 2,166) 383,318
Other trading activities
Income from investments	2.3	101	1,782		1,883		2,822
Coronavirus Grant Income
Coronavirus Job Retention Sche	2.4						7,245
Other Coronavirus Grants	2.4					21,794
				405,410		413014
Expenditure on
Expenditure on raising funds
Expenditure on charitable
activities		8,653	415,532	424,185		402,594
Governance costs					5,603		5,008
Total resources expended			421,135			407 602
Net income before transfers		3,854	( 28,232)	(24,378)			5,412
Transfers
Transfers between funds	15	8,476	8476
Net movements in funds	15	12,330	( 36,708)	(24,378)			5,412
Reconciliation offunds
Total funds brought forward				457 842		452,430
Total funds cerned forward		318955				457 842

								2021
				Note
Fixed assets
Tangible assets							1,718	5,027
Current assets
Stocks and	work in progress					16,051		14,683
Debtors				10		58,331		42,847
Cash at bank and		in	hand					463032
						467,920		520,562
Creditors:	amounts		faglng
due within	one year					36,175		67,747
Net current	assets
							431,745	452,815
Net assets
								457842
The funds	ofthe	charity:		15
Restricted	funds	in	surplus
Independent	living							18,383
Designated	fund						4,000	4,000
Core							29,632	69,056
Homecare	services						87,066	66,224
Dementia -	memory		matters
Restricted	funds	in	deficit
Dementia -	memory		matters					(2,113)
Vane							( 5,987)	(4,058)
Security							( 201)	( 226)
Shop mobility								(49)
Total restricted funds							114,511	151,218
Unrestricted funds
Unrestncted	income		funds				318,953	306,624
Total charity funds							433,464	457,842
8 Holden MBEJP					M Acid
Chair - Trustee					Vice Chair

Basis ofpreparation	Basis ofpreparation
The financial statements have been prepared under the historical cost convention		and			in	accordance			with			the
Statement ofRecommended Practice 'Accounting and Reporting by	Charities',
the Financial Reporting Standard applicable in the UK (FRS102).
In common with most businesses and organisations Homewise has	experienced	the	effects				ofthe Coronavirus
(Covid-19) The trustees have taken ag possible steps to protect the	organisation	including				accessinq				relevant
Government and other Grants (see Coronavirus Grants below) and	benefits.
Fund accounting poficy
Unrestncted income funds are general funds that are available for use at the trustees'					discretion in furtherance								of the
oblectives ofthe charity.
Restricted funds are those donated for use in a particular area or for speafic purposes,					the		use ofwhich is restricted
to that area or purpose
Deficits and surpluses on restricted and unrestricted funds at the balance sheet date				are considered					and,			ifconsidered
appropnate, are eliminated or reduced by transfers to or from unrestricted funds.
Details ofeach fund are disclosed in note 15
Income and Endowments
Voluntary income including donations and grants that provide core funding or are		of	a		general			nature	is		recognised
where there is entitlement, it is probable that the income will be received and the		amount				can		be measured				with
sufficient reliability.
Deferred income represents amounts received for future periods and is released		to	incoming					resources			in	the period
for which it has been received Such income is only deferred when:
-the donor specifies that the grant or donation must only be used in	future accounting				periods; or
- the donor has imposed conditions which must be met before the chanty has unconditional							entitlement.
Investment income is recognised on a receivable basis.
Grants
Grants are recognised in the Income and Expenditure account in a appropriate manner					that		matches		them			with	the
expenditure towards which thev are intended to contribute
Expenditure
Liabilities are recognised as soon as there is a legal or constructive	obligation committing					the		charity	to		the
expenditure. Afi expenditure is accounted for on an accruals basis and has been		classified				under headings						that
aqgregate ag costs related to the category.
Costs of qenerating funds are the costs assoaated with attracting voluntary income.
Chantable expenditure comprises those costs incurred by the charity	in the delivery		of		its	activities and				services			for
its benefimaries. It includes both costs that can be allocated directly	to such activities			and		those costs				of an indirect
nature necessary to support them.
Governance costs
Governance costs include costs ofthe preparation and exammation	ofthe statutory		accounts,					the costs			of	trustee
meetings and the cost of any legal advice to trustees on governance	or constitutional			matters.
Irrecoverable VAT

Going Concern	Going Concern	Going Concern	Going Concern
Whilst funding from Lancashire County Counml ended on 31st March 2020 for the Advice				and
Information/Handyperson Service the Trustees have	agreed	to use reserves to keep this vital service gomg
Trustees are explonng options for the long term sustainabilitv		ofthese services, there	are	sufficient	reserves		to
support the organisation for the next 12 months
Whether the CIO can continue as a goinq concern in the long		term depends on the outcome offunding
applications in the current year, however for the present time		the going concern basis	remains appropnate.
Fixed assets
Individual fixed assets costing 5100or more are initially recorded at cost
Depreciation
Depreciation is provided on tangible fixed assets so	as to write offthe cost or valuation,		less any estimated				residual
value, over their expected useful economic life as follows:
Plant and machinery includmg motor vehicles		25% on cost
Fixtures, fittings and equipment		15%and 33%on redumng		balance
Stock
Stock is valued at the lower of cost and net realisable value,		after due regard for obsolete		and slow	moving		stocks.
Net realisable value is based on selling price less anticipated		costs to completion and	eeking costs.
Goods donated for resale
Donated goods for resale are measured at fair value	on receipt and included in the accounts.
Operating leases
Rentals payable under operating leases are charqed	in the statement offinancial activities			on a straight		line	basis
over the lease term.
Pension costs
The charity operates a defined contriibution pension	scheme.	Contributions payable to	the	charity's	pension		scheme
are charged to the Statement of Financial Activities	in the penod to which they relate.

2.	Analysis	of incoming resources	of incoming resources
2.1	Donations &Legacies
						2022	2021
	Amounts	received				6	6
		Fundraising donations				220		20
		Donations				13,711		10,344
		Multicare
		Sundries						20
	Total received					13,931		10,384
		Adiustment for net	(deferred)/accrued		income for the year	(5,833)	(	12,550)
	Revenue	recognised						2 166
2.2	Charitable Activities
						2022	2021
	Amounts	received				6	6
		Ribble Valley BC				6,896		5,760
		Bumley BC				24,465		3,285
		Hyndburn BC Grant/LCC		affordable	warmth	19,269	27,654
		Community Safety	Partnership			2,099		3,072
		Independent Age				15,000		15,000
		Lancashire County	Council			153,652	162,323
		Community Solutions						10,005
		Prospects Windfall						7,500
		Lottery Community	Funding					10,000
		East Lancashire CCG				80,301	77,404
		Energy referral fee				33,906		2,535
		Essential work fund				4,779	20,896
		Handyperson service				290		360
		Clients' contributions					16,915
		Independent Living	Centre			5,702		2,812
		Re-cycled aids scheme
		Shop mobility scheme				120		93
		HARV						280
		Hyndburn BCfees				11,508		9,402
						357,987	375,297
		Adlustment for net	(deferred)/accrued		income for the year	37,443		8,021
	Revenue	recognised					383,318
2.3	Investment income
		Bank interest received				1,883		2,822
2.4	Coronavirus Grant income
		Small Business Grant Rekef					10,000
		Job Retention Scheme						7,245
		CAF Emergency Fund						3,000
		Lancashire CC						8,794
							29,039
	Total revenue recognised

3	Total resources expended	Total resources expended	Total resources expended
					Donations	Charitable
					and legacies	activity	Governance		Total
	Direct costs
	Cost ofgoods sold					68,368			68,368
	Other direct costs					39,713			39,713
	Employment costs					265,197			265,197
	Establishment costs					24,832			24,832
	Repairs and maintenance					4,449			4,449
	Office expenses					2,270			2,270
	Printin9, post and stationery					5,172			5,172
	Sundry and other costs
	Cleaning					714			714
	Motor					9,170			9,170
	Travel and subsistence					5			5
	Advertising and promotion					988			988
	Depreciation oftangible
	fixed assets					3,308			3,308
	Disposal offixed assets
	Governance-
	Cost oftrustee meetings							37	37
	Accountancv fees						1,608		1,608
	Legal and professional	costs					3,959		3,959
							5	603	429 788
4.	Trustees' remuneration		and expenses
	No trustees received any		remuneration	during the year.
5.	Net income
	Net income is stated after		charging
							2022		2021
							2
	Depreciation oftangible	fixed assets						3308	3919
6.	Employees' remuneration
	The aggregate payroll costs ofemployees				was
							2022		2021
							2		2
	Wages and salanes						236,089		219,115
	Soaal security						15,045		13,175
	Pension								12495
									244 785

	Defined co	ntribution	ntribution		pension scheme	pension scheme	pension scheme
	The charity	operates		a	defined contnbution			pension scheme. The			pension cost charge for the period		represents
	contributions	payable		by the charity			to the scheme		and	amounted	to 513,469(2021 - 612,492)
14.	Related parties
	There were	no related			party transaction during the				year.
	Controlling	entity
	The charity	is controlled			by the trustees.
15	Analysis offunds
						At	1 April		Incoming		Resources			At 31 March
							2021		resources		expended	Transfers		2022
	General funds
	Contingency	services					(3,752)			12,507	(8,653)					101
	Reserve					310,376							8,476	318,852
						306624				12,507	8653			318,953
	Restricted	funds
	Independent	living					18,383		151,875		( 184,128)		13,870
	Designated	fund					4,000								4,000
	Core						69,056			69,090	( 100,039)	(8,476)		29,632
	Homecare services						66,224			70,836	( 36,124)	(	13,870)	87,066
	Vane						(4,057)				(1,930)			(	5,987)
	Security						(226)			2,026	(2,001)				(	201)
	Shop mobility						(49)			865	( 816)
	Essential work fund Dementia-memory		matters ~2112.82							3,020	(3,020)
						~151218			392,903		421 135		8476	114,511
						457 842			405410		429789			433		464
16.	Net assets	by fund							Unrestricted		Restricted	Total Funds		TotalFunds
									Funds		Funds	2022		2021
											6	6		8
	Tangible assets										1,719		1,719		5,027
	Current assets								318,953		148,967	467,920		520,562
	Creditors: Amounts		falling			due within					( 36,175)	( 36,175)		(67,747)
	one year
	Net assets								318953					457		842

Donations a Legacies
					2022	2021
					2	8
Fundraising donations					220	20
Donations					7,728	( 2,206)
Multicare					150
Sundries						20
					8,098	(2,166)
Activities for generating funds
Ribble Valley BC					6,896	5,760
Lancashire County	Counal				184,068	190,469
Hyndburn BCGrant/LCC			affordable	warmth	25,501	27,084
Community safety partnership					2,026	973
Independent Age					3,916
East Lancashire CCG					75,577	64,761
Energy referal fee					36,732	5,070
Essential work fund					3,210	17,887
Handyperson					290	360
Clients' contributions					1,907	21,741
Independent Living	Centre				5,702	2,813
HARV						280
Shop mobility scheme					46	(26)
Multicare
Hyndbum BCfees					21,396	9,402
Burnley BC					28,161	9,240
Community Solutions		NW				10,005
Prospects Windfall						7,500
Lottery Community	Funding					10,000
					395,428	383,319
Deposit account interest received					1,883	2,822
Total incoming resources					405,410	383,975
Other income
Small Business Grant		Relief				10,000
Job Retention Scheme						7,245
CAF Emergency Fund						3,000
Lancashire CC						8,794
						29,039
Carried forward					405,410	413,014

		2022	2021
			8
Brought forward		405,410	413,014
Expenditure
Cost ofgoods sold		67,729	58,394
Other direct costs		40,352	49,702
Employment costs		265,197	245,044
Establishment costs		24,832	29,538
Repairs and maintenance		4,449	471
Office expenses		2,270	3,199
Pnnting, post and stationery		5,170	5,065
Cleaning		714	626
Cost oftrustee meetings		37	73
Motor		9,170	6,536
Travel and subsistence		5
Advertising and promotion		988	100
Accountancy fees		1,608	1,479
Legal and professional	costs	3,959	3,456
Depreciation oftangible
fixed assets		3,308	3,919
		429,788	407,602
Income less expenditure	for the year	24,378	5,412