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2022-03-31-accounts

PAGE
Report ofthe trustees 1 —7
Independent auditor's
report
8 —11
Principal accounting
policies
12-15
Consolidated Statement offinancial activities 16
Comparative Consolidated
Statement
offinancial activities 17
Consolidated Balance sheet 18
Charitable
Company
Balance sheet
19
Consolidated Statement
ofcash flows
20
Notes to the financial statements 21-36

Total Total
Note Restricted Unrestricted 2022 2021
Income from
Voluntary
income
1,284 1,284 1,173
Investment
income
94 300
Income from charitable
activities:
Supported
accommodation
6,609,433 6,609,433 6,137,650
Mobile Night Shelter Grants 10,500 10,500
Veterans projects 9,500 9,500 19,899
Wellingborough
Land Aid
(36,000) (36,000) 36,000
Cambridgeshire
Residents
10,000 10,000 44,206
Peterborough
Activities
Fund
4,000 4,000 20,000
Nationwide
Charities Trust
1,567 1,567 145
Other charitable
grants
9,950 3,892 13,842 22,139
Total income 10)801 6,613,419 6,624,220 6,281,512
Expenditure
on
Cost ofgenerating
funds
Raising funds from other organisations (16,727) (16,727) (6,628)
Charitable
activities:
Supported
accommodation
(4,983,353) (4,983,353) (4,400,797)
Outreach/Mobile
Night Shelter
(727) (727) (316)
Veterans projects (1,784) (1,784) (28,945)
Other projects (30,744) (1,107,794) (1,138,538) (890,893)
Total expenditure (33,255) (6,107,874) (6,141,129) (5,327,579)
Net income / (expenditure) (22,454) 505,545 483)091 953,933
Gains / (losses) on investments 13 (4,028) (4,028) 10,579
Transfers
between
funds
20
Other recognised
gains / (losses)
Gains on revaluation
offixed assets
Net movement
in funds for the year
(22,454) 501,517 479,063 964,512
Total funds at 1 April 2021 219,510 4,369,399 4,588,909 3,624,397
Total funds at 31March 2022 197,056 4,870,916 5,067,972 4,588,909

Activities
(incorporatin
ccount)
g
a
n income and exp enditure
Total
Note Restricted Unrestricted 2021
Income from
Voluntary
income
1,173 1,173
Investment
income
300 300
Income from charitable
activities:
Supported
accommodation
6,137,650 6,137,650
Veterens projects 19,899 19,899
Wellingborough
Land Aid
36,000 36,000
Mental Health Northampton 44,206 44,206
Mental Health —South 20,000 20,000
Nationwide
Charities Trust
145 145
Other Charitable
grants
19,184 2,955 22,139
Total income 140,607 6,140,905 6,281,512
Expenditure
on
Cost ofgenerating
funds
Raising funds from other organisations (6,628) (6,628)
Charitable
activities:
Supported
accommodation
(4,400,797) (4,400,797)
Outreach/Mobile
Night Shelter
(316) (316)
Veterans projects (28,945) (28,945)
Other projects (595) (890,298) (890,893)
Total expenditure (29,856) (5,297,723) (5&327,579)
Net income / (expenditure) 110,751 843,182 953,933
Gains / (losses) on investments 13 10,579 10,579
Transfer between
funds
Net movement
in funds for the year
110,751 853,761 964,512
Total funds at 1 April 2020 108,759 3,515,638 3,624,397
Total funds at 31March 2021 219,510 4,369,399 4,588,909

Note 2022 2021
Fixed assets
Property,
plant &equipment
11 1,342,554 1,378,593
Investments 13 56,266 56,604
1,398,820 1,435,197
Current assets
Receivables 14 689,721 595,167
Investments 13 1,699 5,389
Cash and cash equivalents 3,525,733 2,989,691
4,217,153 3,590,247
Payables: amounts falling due
within one year (548,001) (436,535)
Net current assets 3,669,152 3,153,712
Net Assets 5,067,972 4,588,909
Funds
Unrestricted funds
General funds 20 3,649,161 3,143,616
Designated funds 20 839,017 839,017
Revaluation fund 20 382,738 386,766
4,870,916 4,369,399
Restricted funds 20 197,056 219,510
5,067,972 4,588,909

Consolidated Sta tement ofCash Flows at 31March 2022
Note 2022 2021
Cash flows from operating activities
Net income for the year 479&063 964,512
Adjustments
for:
Losses/(Gains)
on revaluation
ofinvestments
20 4,028 (10,579)
Depreciation 7 78,028 111,550
Increase in receivables (94,554) (246,370)
Interest Income (94) (300)
Increase in payables 111,466 83,259
Cash flows generated from operating activities 577,937 902,072
Interest Income
Purchase ofproperty
plant and equipment
2
11
94
~41989
300
~37317
Cash flows generated from investing activities (41,895) (37,017)
Cash flows generated from financing activities
Net increase in cash and cash equivalents 536,042 865,055
Cash at the beginning ofthe year 2,989,691 2,124,636
Cash at the end ofthe year 15 3,525,733 2,989,691

Restricted Unrestricted Total Total
2022 2021
Gift Aid receipts 1,284 1,284 1,173
1,284 1,284 1,173

Restricted Unrestricted Total Total
2022 2021
Fixed term deposits and bank account
interest 300
94 94 300

Income from charitable
activities
Restricted Unrestricted Total Total
2022 2021
Supported
accommodation
Rental income 6,398,677 6,398,677 5,923,783
Bedford Borough Council (Supporting
People) &Central Beds Council 64,597 647597 66,663
Places for People 146,159 146,159 147,204
6,609,433 6,609,433 6,137,650
Other grants
Mobile Night Shelter 10,500 10,500
Veterans projects 9,500 9,500 19,899
Nationwide
Charities Trust
1,567 1,567 145
Wellingborough
Land Aid
(36,000) (36,000) 36,000
Cambridgeshire
Residents
10,000 10,000
Peterborough
Activities
4,000 4,000
Mental Health Projects 64,206
Other charitable
grants —other projects
9,950 3,892 13,842 22,139
9,517 3,892 13,409 142,389

s set out belo w:
2022 2021
Income 23,669 23,587
Expenditure on charitable
activities
(19,065) (2,082)
Net Income 4,604 21,505
Gains / (losses) on revaluation ofinvestments (4,028) 10,579
Gains / (losses) on revaluation offixed assets
Total funds brought forward 746,484 714,400
Total funds carried forward 747,060 746,484

otal expenditure
0a I
e7
00
e7U
C
t1t3
g 2022 2021
Cost directly allocated to activities
Direct staff costs charitable activities 1,086,462 468,042 1,554,504 1,497,198
Advertising
and other costs
16,727 16,727 6,628
Recruitment
and other staff
costs 74,639 45,049 119,688 105,816
Premises costs 2,992,199 83,042 3,075&241 2,689,164
Project running
costs
253,055 2,593 255,648 249,054
Office running
costs
128,901 40,840 169,741 91,030
Supporting
costs allocated to
activities
Support staff costs 466,346 200,900 667,246 486,605
Project running
costs
62,588 62,589 125,177 60,380
Office running
costs
42,967 13,614 56,581 91,030
Legal and professional 96,250 96,250 48,924
Finance costs 4,326 4,326 1,750
Total Expenditure 5,107,157 - 1,017,245 16,727 6,141,129 5,527,579

Staff cos ts were as follows:
2022 2021
Salaries 1,763,434 1,538,259
National insurance costs 137,528 116,522
Pension costs 71,603 62,317
Temporary staff 249,187 266,706
2,221,752 1,983,804
The averag e weekly number ofemployees
(full time equ
ivalents)
during the year was as follows
2021 2021
Supported accommodation 68 66
Administration 17 14
85 80

Group tangible fix ed assets
Improvements Furniture
Freehold to Leasehold and Computer
properties property equipment equipment Vehicles Total
Cost or valuation
At 1April 2021 1,275,000 74,772 450,628 115,057 64,020 1,979,477
Additions 27,566 14,423 41,989
Disposals
Revaluation
At 31March 2022 1,275,000 74,772 478,194 129,480 64&020 2 021&466
Depreciation
At 1April 2021 74,772 364,571 97,521 64,020 600,884
Charge for the year 64,222 13,806 78,028
On disposals
At 31March 2022 74,772 428,793 111,327 64,020 678,912
Net book value
At 31March 2022 1,275,000 49,401 18,153 1,342,554
At 31March 2021 1,275,000 86,057 17,536 1,378,593

Improvements Furniture
Freehold to leasehold and Computer
properties property equipment equipment Vehicles Total
Cost or valuation
At 1April 2021 675,000 74,772 447,273 115,057 64,020 1,376,122
Additions 27,566 14,423 41,989
Disposals
Revaluation
At 31March 2022 675,000 74,772 474,839 129,480 64,020 1,418,111
Depreciation
At 1April 2021 74,772 361,723 97,521 64,020 598,036
Charge for the year 63,714 13,806 77,520
On disposals
At 31March 2022 74,772 425,437 111,327 64,020 675,556
Net book value
At 31March 2022 675,000 49,402 18,153 742,555
At 31March 2021 675,000 85,550 17,536 778,086

Current
Fixed
asset
asset
investments investments
Listed investments
At 1April 2021
Revaluation
At 31March 2022
56,604
~338
56,266
5,389
~3,699
1,699

Group Charitable
company
Charitable
company
2022 2021 2022 2021
Trade receivables 521,700 555,378 520,649 552,290
Prepayments and accrued income 26,190 18,490 26,190 18,490
Other Debtors 141,831 21,299 141,831 21,299
689,721 595,167 688,670 592,079

Group Charitable
Company
2022 2021 2022 2021
Cash at bank 3,525,733 2,989,691 3,447,300 2,918,209

Payablest
amounts
falling due
within one year
Group Charitable
company
2022 2021 2022 2021
Trade payables 263,101 241,253 262,384 241,433
Accruals 197,913 182,782 197,913 181,804
Other creditors 86,987 12,500 97,314 22,713
548,001 436,535 557,611 445,950

Group General Funds Designated Restricted Total funds Total funds
(including Funds funds 2022 2021
revaluation
reserve)
Tangible fixed assets 1,398,820 1,398,820 1,435,197
Current assets 3,585,775 434,322 197,056 4&217&153 3,590,247
Current liabilities (548,001) (548,001) (436,535)
4,436,594 434,322 197,056 5,067,972 4,588,909
Charitable Company General Funds Designated Restricted Total funds Total funds
(including Funds funds 2022 2021
revaluation
reserve)
Tangible fixed assets 742,555 742,555 778,086
Current assets 3,504,592 434,322 197,056 4,135,970 3,510,288
Current liabilities (557,611) (557,611) (445,950)
3,689,536 434,322 197,056 4,320,914 3,842,424

Group General Funds Designated Restricted Total funds Total funds
(including Funds funds 2021 2020
revaluation
reserve)
Tangible fixed assets 1,435,197 1,435,197 1,498,919
Current assets 2,936,415 434,322 219,510 3,590,247 2,478,754
Current liabilities (436,535) (436,535) (353,276)
3,935,077 434,322 219&510 4,588,909 3,624,397

Charitable Charitable Company General Funds Designated Restricted Total funds Total funds
(including Funds funds 2021 2020
revaluation
reserve)
Tangible fixed assets 778,086 778,086 850,977
Current assets 2,856,456 434,322 219,510 3,510,288 2,415,657
Current liabilities (445,950) (445,950) (356,638)
3,188,592 434,322 219,510 3,842,424 2,909,996

Group At At
1April Income Expenditure Transfers 31March
2021 2022
Restricted
funds
Wellingborough
Land Aid
35,412 (36,000) (588)
Accom. Fund
—The Bridge
200 200
Turvey Abbey 14,517 3,500 18,017
Sobell Resettlement 144 144
Northampton
Mental Health
76,340 (28,083) 48,257
Mental Health —South 19,993 19,993
Nationwide
Xmas Donations
479 1,567 2,046
Donations
received —gift aid
6,090 1,284 7,374
Tesco Groundwork
Fund
3,120 (1,925) 1,195
PPE Funds 13,564 13,564
Cambridgeshire
Residents
10,000 10,000
Haradean
Trust Life Skills
5,000 5,000
Leicester CMF Fund 3,000 3,000
Peterborough
Activities
Fund
4,000 4,000
Beds BcLuton Cummunity 2,500 2,500
Corby Asda Donation 200 200
StNeots Summer Projects 750 (736) 14
174,859 (9,199) (30,744) 134,916
Mobile Night Shelter Funds
Gale Family Charity Trust 4,500 (637) 3,863
Garfield Weston Foundation 4,197 (90) 4,107
Old Wixam Tree Trust 2,291 6,000 8,291
Blunham
Parish Trust
150 150
Sub-Total Mobile Night
Shelter 6,638 10,500 (727) 16,411
Veterans Project
Cublington
Veterans Fund
14,430 (430) 149000
ABFThe Soldiers Charity 12,308 12,308
Veteran Mental Health 5,000 (390) 4,610
Farnborough
Garrison Fund
2,893 2,893
BL Robinson Trust 167 167
RAF Henlow Donation 432 432
The Armed Forces Covenant 9,500 (964) 8,536
The Harpur Trust 283 283
Sub -Total Veterans Project 35,513 9,500 (1,784) 43,229
Wixamtree
/ Sandy Baptist Ch.
2,500 2,500
Total Restricted Funds 219,510 10,801 (33,255) 197,056

Group At Gains on At
1April Income Expenditure Transfers revaluation of 31March
2021 Investments 2022
Unrestricted
funds
General funds 3,143,616 6,613,419 (6,107,874) 3,649,161
Revaluation fund 386,766 (4,028) 382,738
Designated Charlotte Beatty
property 404,695 404,695
Designated Bus. Transition fund 300,000 300,000
Designated maintenance fund 30,000 30,000
Designated mini bus fund 4,322 4,322
Designated property fund 100,000 100,000
Total unrestricted funds 4,369,399 6,613,419 (6,107,874) (4,028) 4,870,916
Total funds 4,588,909 6,624,220 (6,141,129) (4,028) 5,067,972

Charity At At
1April Income Expenditure Transfers 31March
2021 2022
Restricted funds
Wellingborough
Land Aid
35,412 (36,000) (588)
Accom. Fund
—The Bridge
200 200
Turvey Abbey 14,517 3,500 18,017
Sobell Resettlement 144 144
Northampton
Mental Health
76,340 (28,083) 48,257
Mental Health —South 19,993 19,993
Nationwide
Xmas Donations
479 1,567 2,046
Donations
received —gift aid
6,090 1,284 7,374
Tesco Groundwork
Fund
3,120 (1,925) 1,195
PPE Funds 13,564 13,564
Cambridgeshire
Residents
10,000 10,000
Haradean
Trust Life Skills
5,000 5,000
Leicester CMF Fund 3,000 3,000
Peterborough
Activities
Fund
4,000 4,000
Beds &Luton Cummunity 2,500 2,500
Corby Asda Donation 200 200
StNeots Summer Projects 750 (736) 14
174,859 (9,199) (30,744) 134,916
Mobile Night Shelter Funds
Gale Family Charity Trust 4,500 (637) 3,863
Garfield Weston Foundation 4,197 (90) 4,107
Old Wixam Tree Trust 2,291 6,000 8,291
Blunham
Parish Trust
150 150
Sub-Total Mobile Night
Shelter 6,638 10,500 (727) 16,411
Veterans Project
Cublington
Veterans
Fund
14,430 (430) 14,000
ABFThe Soldiers Charity 12,308 12,308
Veteran Mental Health 5,000 (390) 4,610
Farnborough
Garrison Fund
2,893 2,893
BLRobinson Trust 167 167
RAF Henlow Donation 432 432
The Armed Forces Covenant 9,500 (964) 8,536
The Harpur Trust 283 283
Sub -Total Veterans Project 35,513 9,500 (1,784) 43,229
Wixamtree
/ Sandy Baptist Ch.
2,500 2,500
Total Restricted Funds 219,510 10,801 (33,255) 197,056

during the next year in respect ofoperating
leases
:
2022 2021
Leases which expire:
Within one year 2,422,958 2,207,532
Within two to five years 7,690,254 7,183,002
More than five years 3,401,410 5,052,244
13,514,622 14,442,778

Group
2022 2021
FINANCIAL ASSETS
Cash and cash equivalents 3,525,733 2,989,691
Financial assets that are debt instruments measured at amortised cost 521,700 555,378
4,047,433 3,545,069
FINANCIAL LIABILITIES
Financial liabilities
measured
at amortised cost 350,008 253,753
350,008 253,753
Charity
2022 2021
FINANCIAL ASSETS
Cash and cash equivalents 3,447,300 2,918,209
Financial assets that are debt instruments measured at amortised cost 520,649 552,290
3,967,949 3,470,499
FINANCIAL LIABILITIES
Financial liabilities
measured
at amortised cost 359,698 264,146
359,698 264,146