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||||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|
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|||||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|
##
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##
##
##
|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|
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|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|
##