2022-03-31-accounts - Guideposts Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Address	Unit E
	Two Rivers Industrial	Estate
	Station Lane
	Witney
	Oxon
	OX28 4BH
Bankers	HSBC Bank pic
	Witney Branch
	24 Market Square
	Witney
	Oxfordshire
	OX28 6BG

Wenn Townsend
Chartered Accountants
30St Giles'
Oxford
OX1 3LE

						LA N CD	LA N CD	O CV O	O CV O		C9 '(C CQ CO (0	4 ~ r IA W	O Dl	C4 Ol IA		CQ (0 (0	W CO 4 4	IA r rt CLI			(0 CLI IA Cl
														CV
			~ CLI O CLI	'U Q ~ .Vi NQ	4I						CD0 IA0 CV		I	CD (D Ol CV						IA CLI (O Dl	IA CO (0 Cl
			~ CVO (4	'U +' V (hQ	4I	CO 0) CD (D CLI T		ON 0 r			CD W CD	& ~ g	O CD IA	IA Cl Cl CLI CLI		CO OI (0 (0	CO (0 CD 0	IA ~ & CI	(0 CO CO	Cl Cll (0 IA	IA CD CO (D
				CD
		PI
		O
		CV
		V
		IU
		N
		C9
		'U
Q	Q NQ::(U		N cu O	5 0	4I	IA CO F) (0 CO		CD O 0 ~			rl' IA CD CD O	~ IA ~ ~ F)	Ol (D I F)	CD OI Dl Cl		(0 IA	Ol (0	W	CD CLI CLI CD	(D CD (0 (0	CO	0 CO CO IA
E	V Q Cr													CV
	(U'o	0
N fh0	IU IL 0 v C	Q r Q	CLI CLIO CV	'U + .Vr VlQ	4I	O Cl CLI					Cl(0 p IA						CLI CO		CO (D		(0 CI CI		ID Ul O (U (U
U	Q E	IC Q																					OC
	Q U iR (Il E0VC		CLI CVO0I	'U V Vl	4I	IA LA (O CLI	CD O O				5) IA F) CI IA (0	~ IA r ~ W IA	CV (D R	0 (0 (0 CD		p(0 IA CI	(0 CQ CO 0 CO	W W P r	CQ C	CO CO	LD CO CQ C9	CQ (0 (0 LO	(UC 4= 0 CQ E Q
		Ul		Ul																	T
		'U		CD																			ID Q
		Vr																					CD
																							0
				Q0X																			(D	(DQ O	r00VV
																							0 OQ	CD '0	IU Q N
																								C
																							ID	C	0
						Vl																	(UC		(U0.
					Q V	L (U CD IQ 0 ~ C				C0 N 00.						(U	OQ0 CL	VI VlQ			'U	U 0	c 0 Q Vl N VI 0	Q) 'C ~ = (U Q	CV0
					E Q 0 Q CL IU Ql Vl Q 0 'U (UPl 0 N 0 p E0"" ore Vpp &aa				Vl ,Ul V ~ Q LU U	(D O (U C0 O C (U VI L (U	VI Q Q (D 4 Q E InQQ C Q Ul ~ oO			Q E0VC 9 IO	hz&Q 'U CD CD ~IU Q '~ —L 0 .N 'cn IU (UN III CC,'Cr:0		ch P. (D (U O2& Q~ CD (U L p E g E w 0 'U O UJ		Q 'U C 0. Q 8 IO	'U C Q0. X Ul Ul E0 VC Qz	CD 0 Ct N 'U C 8 IO	'U Q 'Ur 9 IO	(U LD Q (U 0 Pl~ 0 (U C N Ul- a- VlQ Q Ul XC I- I—		Q Ul E,r0 IhQ0C Q I-

				as at 31st March	2022
					Company	Number: 1282361
				Note	2022	2021
					F
Fixed Assets
Tangible Assets					373,199	388,623
					373,199	388,623
Current Assets
Debtors Cash at bank and	in hand			11 12	106,796 1,420,841	109,972 1,297,351
					1,527,637	1,407,323
Creditors: Amounts		falling due within
one year				13	(215,836)	(258,298)
Net Current Assets					1,311,801	1,149,025
Total assets less	current		liabilities		1,685,000	1,537,648
Creditors: Amounts		falling due
after one		year		14	(106,197)	(125,807)
Net Assets					1,578,803	1,411,841
Reserves
Unrestricted Funds Revaluation Reserve Restricted Funds				21 21 21	1,485,838 77,790 15,175	1,307,025 77,790 27,026
Total ofCharity's	funds				1,578,803	1,411,841

			2022	2021
Reconciliation ofoperating	result to net cash outflow from operating		activities
Surplus for the year			166,962	376,595
Interest received Depreciation and amortisation			(267) 15,424	(18) 375,499
Loss on disposal
(Increase)/decrease in debtors			3,176	336,501
Increase/(decrease) in creditors			(40,531)	141,558
Net cash inflow from operating		activities	144,764	1,230,135
Cash flow from financing activities
Interest received			267	18
Repayment of hire purchase obligations Repayment ofcapital 16			(10,781) (10,760)	(4,214)
Receipts from issue of new loan				50,000
Net cash flow from financing	activities		(21,274)	45,804
Net increase in cash and cash	equivalents		123,490	1,275,939
Cash and cash equivalents at	1st	April	1,297,351	21,412
Cash and cash equivalents at	31st March		1,420,841	21,412
Cash and cash equivalents
Cash at bank and in hand			1,420,841	1,297,351
			1,420,841	1,297,351

aterially from the fair value e values are as follows:	ofthe asset at th	e end ofthe reporting	peri	od.
Land		Nil
Freehold buildings		2% - 10%straight		line
Improvements to Leasehold	Property	Over the lifetime		ofthe lease
Fixtures and fittings		20% straight	line
Equipment		15%straight	line
Computer Software		15%straight	line
Computer Hardware		25% straight	line
Motor vehicles		25% straight	line

			Unrestricted	Restricted	Total	Total
					2022	2021
General donations			520,971		520,971	550,779
Government	and local authority	grants	9,208	122,030	131,238	168,576
Legacies			194,175		194,175	654,620
			724,354	122,030	846,385	1,373,975

						Unrestricted	Unrestricted	Restricted	Total	Total
									2022	2021
										f.
Local Authorities & Other							652,353		652,353	479,749
The National Lottery Community				Fund
(TNLCF) —Friendship	4	All								17,780
TNLCF —HERE										48,841
TNLCF —Coronavirus	Community				Support					58,418
BBCChildren in Need								22,948	22,948	23,226
Julia 8 Hans Rausing	Trust		—Charity			Survival	Fund			33,839
Hertfordshire Community		Foundation						4,985	4,985	4,662
Barnwood Trust —Covid-19			Support							5,500
Oxfordshire Community		Foundation			-	Covid-19 Relief				7,828
Gloucestershire Community			Foundation
- Coronavirus Recovery										5,000
Adrian Swire Charitable		Trust						7,500	7,500
ScrewFix Foundation								5,000	5,000
Burford Garden Centre								15,000	15,000
Mayfield Home Trust								2,168	2,168
							652,353	57,601	709,954	684,843

		2022	2021
Miscellaneous	income	3,525	2,105
Rental income			3,667
Interest received		267	18
		3,792	5,790

Net inco	me/expenditur	e
						2022f	2021
This is stated after charging:
Auditors'	Remuneration	-	audit ofthese		financial statements	6,000	5,700
			other services		—current year	1,200	1,100
					—prior year
			Value	Added	Tax	1,440	1,360
Depreciation and amortisation						15,424	375,499
Operating	leases	-	land and buildings			29,000	15,900
Operating	leases	-	other			7,185	8,425
Interest payable			bank loan interest			1,465	1,502
			hire purchase			984	1,120
			bank interest
Employees
						2022	2021
						Number	Number
The average number ofemployees				during	the year was:
	Project staff					60	58
	Fundraising					4	4
	Project/care	administration				4	4
	Administration					5	5
						73	71
Their total	remuneration	was:
	Wages and salaries					1,175,193	1,146,854
	Social security costs					77,838	79,431
	Other pensions costs					58,680	58,806
						1,311,711	1,285,091

Analysis	of Expenditure
		Staff	Support	Depreciation/	Other	Total	Total
		Costsf	Costs	amortisation		2022	2021
Charitable	activities	1,181,311	136,731	15,424	340,596	1,674,062	1,776,899
Raising funds		130,400	22,269		98,598	251,267	366,248
		1,311,711	159,000	15,424	439,194	1,925,329	2,143,147

Tangible Fixed Assets
			Fixtures,
	Freehold	Freehold	Fittings and	Motor
	Buildings	Land	Equipment	Vehicles	Total
Cost Ivaluation
At 1st April 2021	312,000	98,000	484,116	26,454	920,570
At 31st March 2022	312,000	98,000	484,116	26,454	920,570
Depreciation
At 1st April 2021	27,600		483,406	20,941	531,947
Charge for year	9,201		710	5,513	15,424
At 31st March 2022	36,801		484,116	26,454	547,370
Net book value
At 31st March 2022	275,199	98,000			373,199
At 31st March 2021	284,400	98,000	710	5,513	388,623

			2022	2021f
	Income debtors		81,169	84,294
	Accrued income Due from BeFree Young Carers		72,015 41,397	69,376 46,397
	Prepayments		7,575	10,077
	Accrued income taxNAT recoverable		322	509
	Provision for bad debts		(95,682)	(100,681)
			106,796	109,972
12	Cash at bank and in	hand
	Cash and current accounts		1,420,841	1,297,351
13	Creditors: amounts	falling due within one year
	Bank loans (secured)		14,415	11,881
	Trade creditors		30,082	43,741
	Taxes and social security costs		46,900	32,986
	Accruals and deferred	income	124,439	165,225
	Hire purchase			4,465
			215,836	258,298

Creditors:	amounts falling due after one year
		2022	2021
Bank loans	(secured)	106,197	119,491
Hire purchase			6,316
		106,197	125,807
Maturity of	bank loan (secured)
due in one year or less		14,415	11,881
between	one and two years	14,828	17,657
between	two and five years	47,074	61,995
in five years or more		44,295	39,839
		120,612	131,372

	2022	2021
Land and buildings:
Operating leases which expire:
within one year in the second to fifth years inclusive	9,772 47,450	3,000 42,517
	57,222	45,517
Equipment:
Operating leases which expire:
within one year
within the second to fifth years inclusive	19,688	26,636
	19,688	26,636

Repayment ofcapital
		2022	2021f
Decrease in borrowings
Debt due within one year:
Secured loans Bounceback Loan		(158) 2,692
Debt due after one year:
Secured loans Bounceback Loan		(9,355) (3,939)
		(10,760)
Analysis ofnet debt
	At 1st	Cash	At 31st
	April 2021	Flow	March 2022
Cash and cash equivalents	1,297,351	123,490	1,420,841
Bank loans due within one year	(11,881)	(2,534)	(14,415)
Bank loans due after one year	(119,491)	13,294	(106,197)
Hire purchase obligations	(10,781)	10,781
Net (debt) Icash	1,155,198	145,031	1,300,229
	At 1st	Cash	At 31st
	April 2020	Flow	March 2021
Cash and cash equivalents	21,411	1,275,940	1,297,351
Bank loans due within one year Bank loans due after one year	(9,307) (72,065)	(2,574) (47,426)	(11,881) (119,491)
Hire purchase obligations	(15,005)	4,224	(10,781)
Net (debt) Icash	(74,966)	1,230,164	1,155,198

2022
					Unrestricted
		Restricted Funds		Revaluation	General	Total
			Projects	Reserve	Funds	Funds
				E'	F	F
Balance	brought forward		27,026	77,790	1,307,025	1,411,841
Income for the year			179,631		1,912,660	2,092,291
Expenditure for the year			(191,482)		(1,733,847)	(1,925,329)
(Deficit)/surplus for the year			(11,851)		178,813	166,962
Balance	carried forward		15,175	77,790	1,485,838	1,578,803
Analysis	ofnet assets between	funds
Tangible	fixed assets			77,790	295,409	373,199
Net current assets			15,175		1,296,626	1,311,801
Creditors	falling due after one year				(106,197)	(106,197)
Total			15,175	77,790	1,485,838	1,578,803
2021
					Unrestricted
		Restricted	Funds	Revaluation	General	Total
		Projectsf		Reserve	Funds	Funds
Balance	brought forward		106,851	77,790	850,605	1,035,246
Income for the year			279,691		2,240,051	2,519,742
Expenditure for the year		(359,516)			(1,783,631)	(2,143,147)
(Deficit)/surplus for the year			(79,825)		456,420	376,595
Balance	carried forward		27,026	77,790	1,307,025	1,411,841
Analysis	ofnet assets between	funds
Tangible	fixed assets			77,790	310,833	388,623
Net current assets			27,026		1,121,999	1,149,025
Creditors	falling due after one year				(125,807)	(125,807)
Total			27,026	77,790	1,307,025	1,411,841

Allocated t	o
				Costs of
			Charitable	Raising	2022	2021
			Activities	Funds	Total	Total
General office			53,865	6,661	60,526	68,332
Information	technology		56,801	8,169	64,970	11,100
Governance	costs		8,008		8,008	8,000
Legal and other professional		costs	18,057	7,439	25,496	26,117
			136,731	22,269	159,000	113,549