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|||Page|
|---|---|---|
|Reference and administrative
details ofthe Charity, its Trustees and advisers||1-2|
|||3-4|
|Chairman's
statement|||
|||5-10|
|Trustees' report|||
|Trustees'
responsibilities|statement||
|Independent
auditors'|report on the financial statements|12-15|
|Consolidated
statement|offinancial activities|16|
|Consolidated
balance sheet||17-18|
|Charity balance sheet||19-20|
|Consolidated
statement|ofcash flows|21|
|Notes tothe financial statements||22- 37|
##
|Trustees||||Christopher
Malcolm|Christopher
Malcolm|Wood, Chairman|
|---|---|---|---|---|---|---|
|||||lan Frank Whitley, Treasurer|||
|||||Richard Norman|Farrar||
|||||John Phillip Whitaker|||
|||||Pauline Wood|||
|||||Mark Theodore Gerdes|||
|||||Stephen
Russell Thornton|||
|||||Andrew
Houldsworth|||
|Company|registered||||||
|number||||601785|||
|Charity registered|||number|227170|||
|Registered|office|||4a Flower Mount|||
|||||Baildon|||
|||||Shipley|||
|||||BD176SB|||
|Honorary|life|members||Ron Jennings
FRICS|||
|||||Norman
Hudson|MBE||
|||||John Charles Clapham|||
|||||Geoffrey Lister CBE|||
|||||Susan Kilding|||
|||||Wendy Cope|||
|Company|secretary and|||David Tarren|||
|Manager|||||||
|President||||Robert Marriott|||
|Independent||auditors||Sagars Accountants||Ltd|
|||||Chartered
Accountants|||
|||||Gresham
House|||
|||||5-7St Pauls Street|||
|||||Leeds|||
|||||West Yorkshire|||
|||||LS12JG|||
|Accountants||||BHP LLP|||
|||||New Chartford|House||
|||||Centurion
Way|||
|||||Cleckh eaton|||
|||||West Yorkshire|||
|||||BD193QB|||
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|BRADFORD|FLOWER FUND HOMES|
|---|---|
|(Acompany|limited
by guarantee)|
|TRUSTEES'|REPORT (CONTINUED)|
|FOR THE YEAR ENDED 31MARCH 2022||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
|||Note||f|f|
|Income from:||||||
|Donations
and legacies|||1,003,700|1,003,700|21,150|
|Charitable
activities|||691,754|691,754|643,633|
|Total income|||1,695,454|1,695,454|664,7&3|
|Expenditure
on:||||||
|Charitable
activities|||584,155|584,155|574,424|
|Total expenditure|||5&4,155|584,155|574,424|
|Net income before|net losses on investments||||90,359|
|Net losses on investments||||||
|Net movement
in funds|||1,111,298|1,111,298|90,359|
|Reconciliation offunds:||||||
|Total funds brought|forward||5p357,552|5,357,552|5,267,193|
|Net movement
in funds|||1,111,298|1,111,298|90,359|
|Total funds carried|forward||6,46&,850|6,468,850|5,357,552|
##
|CONSOLIDATED|BALANCE SHEET|BALANCE SHEET||||||
|---|---|---|---|---|---|---|---|
|ASAT31 MARCH 2022||||||||
||||||2022||2021|
||||Note||f||F|
|Fixed assets||||||||
|Tangible assets|||||5,623,505||4,954,113|
|Investments||||||||
||||||5,623,505||4,954,114|
|Current assets||||||||
|Debtors|||12|14,729||17,496||
|Cash at bank and in||hand||1,259,769||427,529||
|||||1,274,498||445,025||
|Creditors: amounts||falling due within one year|13|(66,553)||(41,587)||
|Net current assets|||||1,207,945||403,438|
|Creditors: amounts||falling due after more than||||||
|one year|||14||(362,600)|||
|Net assets excluding pension asset|||||6,468,&50||5,357,552|
|Total net assets|||||6,468,850||5,357,552|
|Charity funds||||||||
|Restricted funds|||16|||||
|Unrestricted
funds|||16||6,468,850||5,357,552|
|Total funds|||||6,468,850||5,357,552|
##
##
|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Note||E||f|
|Fixed assets|||||||||
|Tangible assets||||10||4,620,141||3,966,922|
|Investments|||||||||
|||||||4,620,141||3,966,923|
|Current assets|||||||||
|Debtors||||12|1,066,436||1,068,836||
|Cash at bank|and in||hand||873,756||397,469||
||||||1,940,192||1,466,305||
|Creditors: amounts||falling due within one year||13|(58,232)||(31,326)||
|Net current|assets|||||1,881,960||1,434,979|
|Total assets|less current liabilities|||||6,502,101||5,401,902|
|Net assets excluding|||pension asset|||6,502,101||5,401,902|
|Total net assets||||||6p502,101||5,401,902|
|Charityfunds|||||||||
|Restricted funds||||16|||||
|Unrestricted|funds|||16||6,502,101||5,401,902|
|Total funds||||||6,502,101||5,401,902|
##
|CONSOLIDATED STATEMENT OF CASH FLOWS|CONSOLIDATED STATEMENT OF CASH FLOWS|||
|---|---|---|---|
|FOR THE YEAR ENDED31MARCH 2022||||
|||2022|2021|
|||f|E|
|Cash flows from operating|activities|||
|Net cash used in operating|activities|861,188|236,415|
|Cash flows from investing|activities|||
|Purchase oftangible fixed|assets|(28,948)|(1,001,416)|
|Net cash used in investing|activities|(28,948)|(1,001,416)|
|Change in cash and cash equivalents
in the year||832,240|(765,001)|
|Cash and cash equivalents|at the beginning
of the year|427,529|1,192,530|
|Cash and cash equivalents|atthe end ofthe year|1,259,769|427,529|
|The notes on pages 22to|37form part ofthese financial statements|||
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022f|2022f|2021
f|
|Donations|||||1,000,000|1,000,000|21,150|
|Government|grants||||3,700|3,700||
||||||1,003,700|1,003,700|21,150|
|Total 2021|||||21,150|21,150||
|Income from charitable||activities||||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2022f|2022
f|2021
f|
|Rents receivable|||||691,754|691,754|643,633|
|Analysis of expenditure||on charitable||activites||||
||||||Providing|||
||||||rented|Total|Total|
||||||property|funds|funds|
||||||2022
f|2022
f|2021
f|
|Exenditure|oncharitab|le|activities||584,155|584,155|574,424|
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||||||Providing|||
|---|---|---|---|---|---|---|---|
||||||rented|Total|Total|
||||||property|funds|funds|
||||||2022f|2022
f|2021f|
|Staff costs|||||117,326|117,326|105,011|
|Depreciation|||||59,556|59,556|60,172|
|Repairs and maintenance||||of buildings|239,388|239,388|262,468|
|Maintenance|ofgrounds||||66,111|66,111|59,964|
|Water|||||452|452|151|
|Gas and electricity|||||9,176|9,176|15,411|
|Cleaning|||||16,726|16,726|12,222|
|insurance|||||20,500|20,500|20,416|
|Council tax|||||425|425|633|
|Property management|||fees||983|983||
|Advertising|||||1,846|1,846|1,390|
|Bank charges|||||417|417|652|
|Accountancy|fees||||12,739|12,739|12,666|
|Office expenses|||||6,508|6,508|7,476|
|Professional|fees||||16,839|16,839|4,221|
|Site development||costs|||8,608|8,608|3,669|
|Governance|costs||||6,555|6,555|7,902|
||||||584,155|584,155|574,424|
|2021|||||574,424|574,424||
##
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||f|f|f|
|Auditors'|remuneration|4,400|4,400|4,140|
|Directors'|and officers' liability insurance|193|193|2,705|
|Travelling||1,081|1,0&1|500|
|Board expenses||836|836|199|
|Sundries||45|45||
|Total 2022||6,555|6,555|7,544|
##
|Staff costs||||||
|---|---|---|---|---|---|
|||Group|Group|Charity|Charity|
|||2022
f|2021
f|2022
f|2021
f|
|Wages and salaries
Social security costs||109,536
5,907|99,103
4,273|109,536
5,907|99,103
4,273|
|Contribution
to defined contribution
schemes|pension|1,883|1,635|1,883|1,635|
|||117,326|105,011|117,326|105,011|
##
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|Group|Group|Charity|Charity|
|---|---|---|---|
|2022|2021|2022|2021|
|No.|No.|No.|No.|
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||Freehold land||Fixtures and|Office||
|---|---|---|---|---|---|
||and property
E|Motor vehicles
f|fittings
E|equipment
E|Total
E|
|Cost or valuation||||||
|At 1April 2021|5,795,501|6,600|18,843|3,210|5,824,154|
|Additions|728,948||||728,948|
|At 31March 2022|6,524,449|6,600|18,843|3,210|6,553,102|
|Depreciation||||||
|At 1April 2021|860,768|2,476|4,464|2333|870,041|
|Charge for the year|54,67&|1,650|2,877|351|59,556|
|At 31March 2022|915,446|4,126|7,341|2,684|929,597|
|Net book value||||||
|At 31March 2022|5,609,003|2,474|11,502|526|5,623,505|
|At 31March 2021|4,934,733|4,124|14,379|877|4,954,113|
##
|NOTES TO THE FINANCIAL STATEMENTS|
|---|
|FOR THE YEAR ENDED 31 MARCH 2022|
|10.
Tangible fixed assets (continued)|
|Charity|
||Freehold||Fixtures and|Office||
|---|---|---|---|---|---|
||property
E|Motor vehicles
f|fittings
f|equipment
f|Total
E|
|Cost orvaluation||||||
|At 1April 2021|4,811,811|6,600|2,170|3,210|4,823,791|
|Additions|700,000||||700,000|
|At 31March 2022|5,511,811|6,600|2,170|3,210|Sp523,791|
|Depreciation||||||
|At 1April 2021|850,931|2,476|1,129|2.333|856,869|
|Charge for the year|44,571|1,650|209|351|46,781|
|At 31March 2022|895,502|4,126|1,338|2,684|903,650|
|Net book value||||||
|At 31March 2022|4,616,309|2,474|832|526|4,620,141|
|At 31 March 2021|3,960,880|4,124|1,041|877|3,966,922|
##
|Investments
in|
|---|
|subsidiary|
|companiesf|
##
|Debtors||||||
|---|---|---|---|---|---|
|||Group
2022
E|Group
2021
E|Charity
2022f|Charity
2021
E|
|Due within one year
Trade debtors||2,894|6,017|2,719|6,017|
|Amounts
owed by group undertakings||||1,051,882|1,051,340|
|Other debtors||171||171||
|Prepayments|and accrued income|11,664|11,479|11,664|11,479|
|||14,729|17,496|1,066,436|1,068,836|
##
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|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||f|f|f|f|
|Trade creditors||5,128|8,367|2,898|206|
|Other taxation and social security|||1,644||1,644|
|Other creditors||1,301|1,197|1,301|1,197|
|Accruals and deferred|income|60,124|30,379|54,033|28,279|
|||66,553|41,587|58,232|31,326|
##
|Group|Group|
|---|---|
|2022|2021|
|f|f|
|362,600||
##
|||Group
2022f|Group
2021
f|Charity
2022
f|Charity
2021f|
|---|---|---|---|---|---|
|Deferred
Resources|income at 1April 2021
deferred
during the year|2,912
372,774|10,582
2,912|2,912
6,243|10,582
2,912|
|Amounts|released from previous
periods|(2,912)|(10,582)|(2,912)|(10,582)|
|Deferred|income at31March 2022|372,774|2,912|6,243|2,912|
##
##
|Statement|offunds|- current yea|r|||||
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Gains/|Balance at31|
||||April 2021
f|Incomef|Expendituref|(Losses)
f|March 2022
f|
|Designated|funds|||||||
|Designated|Funds -|all funds|650,000||||650,000|
|Generalfunds||||||||
|General
Funds|||4,751,902|1,640,470|(540,270)|(1)|5,852,101|
|Retained
in|subsidiary||(44,350)|54,984|(43,885)||(33,251)|
||||4,707,552|1,695,454|(584,155)|(1)|5,818,850|
|Total Unrestricted||funds|5,357,552|1,695,454|(584,155)|(1)|6,468,850|
##
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|NOTES|TO THE FINANCIAL STATEMENTS|||||
|---|---|---|---|---|---|
|FOR THE YEAR ENDED 32 MARCH 2022||||||
|16.|Statement offunds (continued)|||||
||Statement offunds - prior year|||||
||||||Balance at|
|||Balance at|||31March|
|||1April 2020|Income|Expenditure|2021|
|||E|E|E|E|
||Unrestricted funds|||||
||Designated funds|||||
||Designated
Funds - all funds|650,000|||650,000|
||General funds|||||
||General
Funds|4,617,193|627,799|(499,764)|4,745,228|
||Retained
in subsidiary||36,984|(74,660)|(37,676)|
|||4,617,193|664,783|(574,424)|4,707,552|
||Total Unrestricted
funds|5,267,193|664,783|(574,424)|5,357,552|
|Analysis|of net assets between funds -current year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
|||E|E|
|Tangible
Current|fixed assets
assets|5,623,505
1,274,498|5,623,505
1,274,498|
|Creditors|due within one year|(66,553)|(66,553)|
|Creditors|due in more than one year|(362,600)|(362,600)|
|||6,468,850|6,468,850|
##
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|Analysis ofnet assets between funds - prior year|||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2021
f|2021f|
|Tangible fixed assets|4,954,113|4,954,113|
|Fixed asset investments|||
|Current assets|445,025|445,025|
|Creditors due within one year|(41,587)|(41,587)|
|Total|5,357,552|5,357,552|
|||||Group|Group|
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|f|
|Net income for the|year (as per||Statement of Financial Activities)|1,111,298|90,359|
|Adjustments
for:
Depreciation
charges
Decrease in debtors||||59'556
2,767|60,172
101,965|
|Increase/(decrease)||in creditors||387,567|(16,081)|
|Freehold property|donated|||(700,000)||
|Net cosh provided|by operating||activities|861,188|236,415|
|Analysis ofcash and||cash equivalents||||
|||||Group|Group|
|||||2022|2021|
|||||f|f|
|Cash in hand||||1,259,769|427,529|
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