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|---|---|---|---|---|---|
|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|
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|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|
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|||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|
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||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|
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|||||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|
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|||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|
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|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|
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|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|
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|||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|
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||||||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|
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||||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)|
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|||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|