| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | ||
| Statement ofTrustees' |
Responsibilities | ||||
| Report oftbe Independent Auditors |
6 | to | 9 | ||
| Statement ofFinancial |
Acdvtttes | 10 | |||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 12 | to | 21 | |
| Detailed Statetnent of | Financial | Activities | 22 | to | 23 |
| Registered oflice Hodgkin House 3 Meridan Place Clifton Bristol BS8 1JG |
|
|---|---|
| Trustees | |
| Trustee | Appointed |
| Mr RW Daniels | July 2012 |
| Mr JD Allen | 2006 |
| Dr J M Gibbs | 2002 |
| Dr GBGray | Nov 2016 |
| Mrs M Clements | Mar 2017 |
| Dr V Holderied-Milis | Mar 2018 |
| Dr 8M Hooper | Scp 2019 |
| Mrs IConradie-Paul | Oct 2021 |
| Re-appointed | Next re-appointment |
|---|---|
| Jan 2022 | Jan 2025 |
| Jan 2021 | Jan 2024 |
| Jan 2021 | Jan 2024 |
| Jan 2022 | Jan 2025 |
| Jan 2023 | Jan 2026 |
| Jan 2021 | Jan 2024 |
| Jan 2023 | Jan 2026 |
| Jan 2022 | Jan 2025 |
| 2023 | 2(Q2 | ||
|---|---|---|---|
| UnreshictedTotal | |||
| funds | funds | ||
| Notes | 8 | ||
| INCOME AND ENDOWiiIEVTS FROM | |||
| Donations and legacies |
|||
| Charitable activities |
|||
| Provision ofhostel facilities | 388,470 | 341,812 | |
| Investment income |
5,724 | 1,905 | |
| Other income | 13,372 | ||
| 357,883 | |||
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Provision ofhostel facilities | ~359448 | 394,530 | |
| Net gams/(losses) on investments |
~226) | ~415) | |
| NET INCOME/(EXPENDITURE) | 33+20 | (37,062) | |
| RECONCILIATION OFFUiv1)S |
|||
| Total funds brought forward |
351,4$9 | 388,551 | |
| TOTAL FUNDS CARRIFD FORWARD | 3$4,709 | 35 1,489 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| UnrestrictedTo | tel | ||||
| funds | funds | ||||
| Notes | g | ||||
| FIXEDASSETS | |||||
| Investments | 15 | 57,928 | 59.183 | ||
| CURRENT ASSETS | |||||
| Debtors | 16 | 12,727 | 20,774 | ||
| Cash at bank and in hand | ~345926 | 315,639 | |||
| 358,653 | 336,413 | ||||
| CREDITORS | |||||
| Amounts falling due within |
one year | 17 | (31,872) | (44,107) | |
| NET CURRENT ASSETS | ~326781 | 292,306 | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 384,709 | 351,489 | |||
| NET ASSETS | 384,709 | 351,489 | |||
| FUNDS | 19 | ||||
| Unrestricted funds |
~384709 | 351,489 | |||
| TOTAL FUNDS | ~384 709 | 351489 |
| Financial instruments | Financial instruments | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The Charity only has |
financial | assets and liabilities | of a kind that qualify | as basic | financial | instruments. Basic |
||||||
| financial | instruments | are initially | recogmsed | at transaction | value | and subsequently | measured | at their settlement | ||||
| value. | ||||||||||||
| INVESTMENT INCOME | ||||||||||||
| 2023 | 2022f | |||||||||||
| Reinvested dividends |
972 | 596 | ||||||||||
| Deposit account interest | ~4752 | 1,309 | ||||||||||
| ~5724 | ~1905 | |||||||||||
| 3. | INCOME FROM CHARITABLF. ACTIVITIES | |||||||||||
| Activity | 2023 | 2022f | ||||||||||
| Rents Booking |
fee | Provision of Provision of |
hostel hostel |
facilities facilities |
388t)96 ~526) |
342,123 ~311) |
||||||
| ~388 47(l | 341,812 | |||||||||||
| 4. | 0THF.R | INCOME | ||||||||||
| 2023 | 2022f | |||||||||||
| Insurance | claim income | 13,372 | ||||||||||
| 5. | CHARITABLE ACTIVITIES | COSTS | ||||||||||
| Direct | Grant | Support | ||||||||||
| Costs (see | funding | of | costs (see | |||||||||
| note 6) 5 |
activities f |
note 7) f |
Totals f |
|||||||||
| Provision | ofhostel facilities | ~330 484 | ~15 387 | ~13 577 | ~359 448 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Staff costs | 109,810 | 124,369 | ||||
| Equipment rental |
746 | 758 | ||||
| Rent | 3,060 | 3,060 | ||||
| Water &sewage | 9&455 | 14,123 | ||||
| Insurance | 13,460 | 13,315 | ||||
| Light &heat | 65,621 | 27,148 | ||||
| Printtng, postage |
& stationery | 1,096 | 1,099 | |||
| Household | 14,805 | 12,359 | ||||
| Property repairs |
44,042 | 68,373 | ||||
| Ma)or refurbishing | 51,566 | 84,694 | ||||
| Computer and IT expenses |
3,818 | 4,400 | ||||
| Equipment repairs &renewals |
957 | 805 | ||||
| Health, safety & | environmental | 3,646 | 4,963 | |||
| Welfare | 1,744 | 5,200 | ||||
| Telephone &broadband | 3,457 | 4,545 | ||||
| Subscriptioos | 318 | 73 | ||||
| Trainmg | 2&441 | 821 | ||||
| Recruitment | 442 | 3,438 | ||||
| 373,543 | ||||||
| 7. | SUPPORT COSTS | |||||
| Governance | ||||||
| Management | costs f |
Totals f |
||||
| Provision ofhostel facilities | ~7902 | ~5675 | ~13 77 | |||
| 8. | NET INCOME(FXPENDITURE) | |||||
| Net income/(expenditure) | is stated after charging/(creditmg): | |||||
| 2023 | 2022 | |||||
| Hire ofplant and | machinery | 746 | 758 | |||
| Other operating | leases | ~3060 | 3,060 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Fees payable to | the Charity's | auditors forthe audit ofthe Charity's | financial | ||
| statements | 3,754 | 3,430 | |||
| Other non-audit | services | ~1921 | 800 |
| 2023 f |
2022f | ||
|---|---|---|---|
| Wages | and salaries | 105,103 | 119,7I I |
| Social | security costs | 2,962 | 2,901 |
| Other | pension costs | ~1745 | 1,757 |
| ~109 810 | 124369 |
| The | average | monthly | number | ofemployees | during | the | year | was | as | follows: | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||||||
| Full | time | 2 | 2 | |||||||||
| Part | time | 5 | 5 | |||||||||
| 7 | 7 |
| COMPARATIVES FOR THE ST | ATEMENT OFFINANCIAL AC | TIVITIFS |
|---|---|---|
| Unrestricted | ||
| fundsf | ||
| INCOME AND ENDOWMENTS | FROM | |
| Donations and legacies |
794 | |
| Charitable activities |
||
| Provtston ofhostel facilities | 341,812 | |
| Investment income |
1,905 | |
| Other income | 13,372 | |
| Total | 357,883 | |
| EXPENDITURE ON | ||
| Charitable activities |
||
| Provision ofhostel facilittes | 394,530 | |
| Net gains/(losses) on investments |
(415) | |
| NET INCOME/(EXPENDITURE) | (37,062) | |
| RECONCILIATION OFFUNDS |
||
| Total funds brought forward |
388,551 | |
| TOTAL FUNDS CARRIED FORWARD | 351,489 |
| 14. | TANGIBLE FIXEDASS | ETS | |||||
|---|---|---|---|---|---|---|---|
| Improvements | Fixtures | ||||||
| to | Plant aud | and | Computer | ||||
| propriety f |
machinery f, |
fittings f |
et(ulpment f |
Totals | |||
| COST | |||||||
| At I October 2022 and | |||||||
| 30 September 2023 | ~81786 | ~18 16 | ~10870 | ~17693 | 1~28 | 565 | |
| DEPRECIATION | |||||||
| At I October 2022 and | |||||||
| 30 September 2023 | ~81786 | ~18 16 | ~10870 | ~17693 | ~~65 | ||
| NET BOOK VALI E | |||||||
| At 30 September 2023 | |||||||
| At 30September 2022 | |||||||
| 15. | FIXEDASSETINVESTMENTS | ||||||
| Listed | |||||||
| invesunents | |||||||
| f | |||||||
| MARKET VALCE | |||||||
| At 1 October 2022 | 59,183 | ||||||
| Additions | 971 | ||||||
| Revaluations | ~226) | ||||||
| At 30September 2023 | ~57~ | ||||||
| NET BOOK VALLE | |||||||
| At 30September 2023 |
~57 | 928 | |||||
| At 30 September 2022 | ~59 | 183 |
| 2023 | 2022 | ||
|---|---|---|---|
| g | f | ||
| Accommodation fees |
8466 | 6.886 | |
| Other debtors | 3,915 | 516 | |
| Prepayrnents and accrued income |
246 | 13,372 | |
| ~12 727 | 20 774 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | ||
| Trade creditors | 742 | 20,399 | |
| Social security and other taxes | 1,267 | ||
| Pension contributions | payablc | 295 | 311 |
| Other creditors | 4400 | ||
| Residents' deposits |
7,200 | 7,850 | |
| Reudenis' fees in advance |
4,096 | 8,231 | |
| Accnials and deferred | income | ~13772 | 7,316 |
| 31,872 | 44,107 |
| Net | ||||||
|---|---|---|---|---|---|---|
| At | mevemcnt | At | ||||
| 1 10.22 | in funds | 30.9.23 | ||||
| f | f | f | ||||
| Unrestricted | funds | |||||
| General Fund | 234,455 | 38,977 | 273,432 | |||
| Painton-Smith | Memorial | Fund | 15,803 | (5,7571 | 10,046 | |
| Major Repair | Fund (previously | Roof Fund) | 101,231 | ~101 231 | ||
| ~351489 | 33420 | ~384 709 | ||||
| TOTAL FUNDS | ~351 489 | ~33 20 | ~384 709 |
| Incomtng | Resources | Gmns and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| f | f, | |||||
| Unrestricted | funds | |||||
| General Fund | 394,894 | (353,691) | (2,226) | 38,977 | ||
| Painton-Smith | Memorial | Fund | ~(5 757) | ~(5 757) | ||
| ~394894 | (~359448) | ~(2 26) | 33420 | |||
| TOTAL FUNDS | ~394 894 | ~359448) | ~2226) | ~33 20 |
| Net | |||||
|---|---|---|---|---|---|
| Ar | movement | At | |||
| 1.10.21 f |
in funds f |
30.9.22 f |
|||
| Unrestricted | funds | ||||
| General Fund | 269,611 | (35,156) | 234,455 | ||
| Painton-Smith Major Repair |
i%lemons) Fund Fund (previously |
Roof Fund) | 15,803 103,137 |
~1,906) | 15,803 101,231 |
| ~388 551 | ~37062) | ~351 489 | |||
| TOTAL FUNDS | ~388 551 | ~37,062) | 351,489 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| rcsoufccs f |
expended f |
losses f |
in funds f |
|||
| Unrestricted | funds | |||||
| General Fund Major Repair |
Fund (previously | Roof Fund) | 357,883 | (392,624) ~(906) |
(415) | (35,156) ~(,906) |
| 357,883 | ~394530 | ~4(5) | ~37,062) | |||
| TOTAL FUNDS | 357,883 | ~394,530) | ~415) | ~37,062) |
| 2023f | 2022 f |
||
|---|---|---|---|
| INCOME AND | ENDOWMENTS | ||
| Donations and legacies |
|||
| Donations | 794 | ||
| Investmentincome | |||
| Rcinvcstcd divideniL | 972 | 596 | |
| Deposit account | interest | 4,752 | 1,309 |
| 5,724 | 1,905 | ||
| Charitable activities |
|||
| Rents Booking fee |
388896 ~526) |
342,123 ~311) |
|
| 388,470 | 341,812 | ||
| Other income | |||
| Insurance claim |
income | 13,372 | |
| Total incoming | resources | 394)894 | 357,883 |
| Charitable activities |
|||
| Salaries | 105,103 | 119,711 | |
| Social secunty | 2,962 | 2,901 | |
| Pensions | 1,745 | 1,757 | |
| Equipment rental |
746 | 758 | |
| Rent | 3,060 | 3,060 | |
| Water &sewage | 9,455 | 14,123 | |
| Insurance | 13,460 | 13,315 | |
| Light &heat | 65,621 | 27,148 | |
| Punting, postage |
&siaiionery | 1,096 | 1,099 |
| Household | 14,805 | 12,359 | |
| Property repairs |
44&042 | 68,373 | |
| Ma)or relurbi shing | 51466 | 84,694 | |
| Computer and ITexpenses |
3,818 | 4,400 | |
| Equipment repairs &renewaLs |
957 | 805 | |
| Health, safety & | environmental | 3,646 | 4,963 |
| Welfare | 1,744 | 5,200 | |
| Telephone &broadband | 3,457 | 4,545 | |
| Subscriptions | 318 | 73 | |
| Carried forward | 327,601 | 369,284 |
| 2023f | 2022 | ||
|---|---|---|---|
| Charitable acttvides |
|||
| Brought forward | 327,601 | 369,284 | |
| Tfrurllllg | 2,441 | 821 | |
| Recruitment | 442 | 3,438 | |
| Granh to individuals | ~15 87 | 6,348 | |
| 345,871 | 379,891 | ||
| Support costs | |||
| Management | |||
| Professtonat fees Bank dt credit card processtng |
6/21 ~1681 |
9,083 l,326 |
|
| 7,902 | 10,409 | ||
| Governance costs |
|||
| Auditors' remuneration |
3,754 | 3,430 | |
| Auditors' remuneration |
for nou audit work | I„tt21 | 800 |
| ~5675 | 4,230 | ||
| Total resources expended | ~359448 | 394,530 | |
| Net income/(expenditure) | ~35 446 | ~36,647y |