| Trustees | Claire Redford-Kerr (Chair) |
|||
|---|---|---|---|---|
| Holly Loudon | ||||
| Jane Taylor-Holmes | ||||
| Lesley Anne Dixon | ||||
| Emma Louise Wailer (Hon Treasurer) | ||||
| Company | Secretary: | Jane Taylor- Holmes | ||
| Senior Management | Team: | Kim Hughes - Chief Executive | ||
| Bharti Prajapati Finance Manager |
||||
| Charity Number: | 284736 | |||
| Company | Number: | 1628566 | ||
| Principal | Address and | |||
| Registered | Office: | Apex Charitable Trust |
||
| 13—1SNorth Road | ||||
| St Helens. Merseyside | ||||
| WA10 2TW | ||||
| Independent | examiner: | Christopher Moss BScF.C.A. |
||
| Jackson Stephen LLP |
||||
| James House, Stonecross Business Park, yew Tree Way | ||||
| Warrington, Cheshire. |
||||
| WA3 3JD | ||||
| Bankers: | NatWest Pic |
|||
| 817Bristol Road South | ||||
| Northfield | ||||
| Birmingham, 8312NQ |
||||
| Solicitors: | Lawrence Stephens | |||
| 14-16Great Portland Street | ||||
| London | ||||
| W1W BQW |
| Page | ||
|---|---|---|
| Trustees Report | 4-14 | |
| Statement ofTrustees' |
Responsibilities | 15 |
| Independent Examiners' |
Report | 16 |
| Statement of Financial | Activities | 17 |
| Balance Sheet | 18 | |
| Statement of Cash flows | 19 | |
| Notes to the Accounts | 20-26 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | ||||
| Notes | |||||||
| Income from | |||||||
| Incoming resources |
from | ||||||
| generating funds: |
|||||||
| Voluntary income: |
|||||||
| Donations. Legacy and Grants: | 48)010 | 49490 | 73,190 | ||||
| Other Income | 12,215 | 12415 | |||||
| Other trading activities: | |||||||
| Income from Coifee Shop | 6,074 | 6,074 | 862 | ||||
| Income fiom Investments | 49 | 49 | 179 | ||||
| 60474 | 7454 | 67,628 | 74,231 | ||||
| Income from | |||||||
| Charitable activities |
|||||||
| Grants and contracts | 107,444 | 107&444 | 145,867 | ||||
| Total income | 60474 | 114,79S | 175,072 | 220,098 | |||
| Raising fends | |||||||
| Costs ofgenerating voluntary |
income | 24,884 | 24,884 | 22,430 | |||
| Charitable activities |
|||||||
| Ex-offenders employment |
programmes | 32,1SS | 107,054 | 139442 | 141,801 | ||
| Total expenditure | 57,072 | 107,054 | 164,126 | 164231 | |||
| Net income/expenditure | and | net movement | |||||
| before transfer | 3,202 | 7,744 | 10,946 | 55,867 | |||
| Transfer between funds |
(49) | 49 | |||||
| Net movement in funds |
3,153 | 7,793 | 10,946 | 55,867 | |||
| ReconciTiation offunds | |||||||
| Total funds brought | forward | 51,866 | 86,685 | 138551 | 82,684 | ||
| Total funds carried | forward | 55519 | 94478 | 149497 | 138551 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | f. | |||||
| Fixed assets | ||||||
| Tangible | 8,342 | 8,940 | ||||
| 8,342 | 8,940 | |||||
| Current assets | ||||||
| Debtors | 14,169 | 59,965 | ||||
| Cash at bank and in | hand | 132867 | 78 869 | |||
| 9 | 147,036 | 138,834 | ||||
| Creditors: amounts year |
falling due within one | 10 | ~5881 | 9223 | ||
| Net current assets | 141,155 | 129,611 | ||||
| Total assets less current liabilities | 14 497 | 138 51 | ||||
| The funds ofthe charity | ||||||
| Restricted fund |
94,478 | 86,685 | ||||
| Unrestricted funds: |
||||||
| General funds | 55,019 | 51,866 | ||||
| Total charity funds | 14 497 | 138551 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | ||||||
| Cash flows from operating | activities | ||||||
| Cash generated fiom/(absorbed) |
by | 14 | 59,758 | 7,736 | |||
| operations | |||||||
| Investing activities |
|||||||
| Interest received | 49 | 179 | |||||
| Purchase oftangible Gxed assets | 8~5808 | ~13410 | |||||
| Net cash generated from investing activities |
(5,759) | (13,231) | |||||
| Net (decrease)/increase in |
cash | snd cash | equivalents | 53,999 | (5,495) | ||
| Cash sud cash equivalents | at beginning ofyear | 78869 | 84 364 | ||||
| Cash and cash equivalents | at end ofyear | 132867 | 78 869 |
| 2 | Donatioas | and grants | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| funds | 2021 | 2020I | ||||
| Donations | and Legacy | 9,463 | 1,280 | 10,743 | 46,265 | |
| Grants | 38,547 | 38,547 | 26,925 | |||
| Other Income | 12215 ~60 25 |
I 280 | 12,215 61505 |
73 190 |
| 3 | Other trading Iscome | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| f | f | ||||
| Coifee Shop sales - Plan Bee | 6,074 | 862 | |||
| Investment —Interest receivable |
49 | 179 | |||
| 6 123 | 1,041 | ||||
| All mcome fiom mvestments | in 2021 and 2020 were unrestricted | ||||
| AU income fiom the Cofi'ee Shop | m 2021 and 2020 unrestnrxed | ||||
| 4 | Income from charitable activities |
||||
| 2021 | 2020 | ||||
| f | f | ||||
| The Big Lottery Fund | 6,363 | 9,626 | |||
| Local Authorities | 19,431 | 9,008 | |||
| The Steve Morgan Foundation | 20,841 | 25,212 | |||
| John Moores Foundauon | 5,000 | 5,000 | |||
| Workers' Educational Association |
(ESPY | 7,976 | 6380 | ||
| Garfield Westoa Found anon | 20,000 | ||||
| Lloyds TSBFoundation | 5/04 | 24,825 | |||
| Coslfields Regeneration Trust |
9,136 | 9,868 | |||
| The Hilden Charitable Trust |
5,100 | ||||
| British Humane Associsuon |
7,000 | ||||
| Allen Lane Foundation | 7,000 | ||||
| Community Cashback Fund |
12,383 | ||||
| Other | 21 010 | ||||
| 145,867 |
| Expenditure | |||||||
|---|---|---|---|---|---|---|---|
| Basis of | Ex-oiyenders | Governance | Total | Total | |||
| allocation | employment | f | 2021 | 2020 | |||
| Costs directly | |||||||
| agocated to scdvttles | |||||||
| Staffcosts | Drract | 74301 | 74201 | 84,584 | |||
| Staffcosts other | Direct | 299 | 138 | 437 | 1,744 | ||
| Coffee shop supplies | Duect | 2,452 | 2,452 | 1,497 | |||
| Volunteer expenses |
Duact | 1346 | 1,346 | 2,606 | |||
| Premises | Ihract | 14,582 | 14,582 | 9,803 | |||
| General ofQce | Ihract | 8399 | 8399 | 6,548 | |||
| Depreciation | Ihract | 4,901 | 4,901 | 4,470 | |||
| Reportmg Accountants |
dt | ||||||
| Professional | 1,305 | I3tg | 2,523 | 3,115 | |||
| Bank Charges | 86 | 86 | 19 | ||||
| Sapportcosts | |||||||
| allocated to activities | |||||||
| Staffcosts | Staff time | 16,878 | 18,753 | 1,875 | 37,506 | 23,202 | |
| StaQ'costs other | StafFtime | 3,148 | 3,498 | 350 | 6,996 | 5,354 | |
| Premises | Staff arne | 1,959 | 2,177 | 218 | 4,354 | 7,734 | |
| General office | Staff time | 1,079 | 1,199 | 120 | 2,398 | 6335 | |
| Depreciation | StaQ'time | 677 | 752 | 75 | 1,504 | ||
| Legal dt Professional | Stafftime | 953 | 1,059 | 106 | 2,118 | 6,865 | |
| Bank Charges | Stalf time | 190 | 212 | 21 | 423 | 455 | |
| Total expenditure | 164231 |
| The average monthly nu |
mber ofemployees dunng the year was: |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Number | Number | ||
| Ex-offender employment | programmes | 4 | 4 |
| Emptoymeat costs |
2021 | 2020 | |
| f. | |||
| Wages andsalaries | 102,709 | 98,089 | |
| Social security costs | 4,921 | 5,773 | |
| Other pension costs | 4,077 | 3,924 | |
| 11170 | 107786 |
| Tangible fixed assets | ||
|---|---|---|
| Office st | ||
| balll illg | ||
| equipment | ||
| f | ||
| Cost | ||
| At I April 2020 | 21,479 | |
| Additions | 5 808 | |
| At 31March 2021 | ||
| Depreciation | ||
| At IApril 2020 | 12,539 | |
| Charge for the year | 6406 | |
| At 31March 2021 | ||
| Net book value | ||
| At 31March 2021 | 8 342 | |
| At 31March 2020 | 8940 |
| 9 | Analysis ofcurrent assets | 2021 f |
2020 f |
|||
|---|---|---|---|---|---|---|
| Debtors | 233 | |||||
| Prepayrnents and scorned Cash at the bank |
income | 13,936 ~2 |
59,965 | |||
| 147036 | 138834 | |||||
| In 2021f57246 (2020f58242) ofmsh at bank relates to unrestricted | funds and f75621 | (2020f20625) relates to restricted | funds, | |||
| Debtors and Prepayments | and accrued income f13,044 (2020f58,840)relate to restricted | funds and f1,125(2020f1,125) | ||||
| unrestricted. | ||||||
| 10 | Creditors: amouats falling due udthtn one year |
2021 | 2020 f |
|||
| Taxes and social security costs | 2,163 | 2,930 | ||||
| Other creditors | 2,308 | 1,507 | ||||
| Accruals and deferred income | 1,410 | 4,786 |
| Restricted funds | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | Income | Expenditure | Transfers | Balance at | |||
| I April 2020 | 31March 2021 | ||||||
| Clear Choice - Local Authority | 594 | 10,000 | (7,771) | 2,823 | |||
| Specialist Offender Support Project |
42,719 | 21,136 | (25,598) | 38,257 | |||
| Plan Bee - Community | Coffee Shop | 43/72 | 57,540 | (47,514) | 53398 | ||
| Learning in Lockdown | 26,122 | (26,171) | 49 |
| Balance | at | Expenditure | Transfers | Balance at | |||
|---|---|---|---|---|---|---|---|
| I April | 2019 | 31March 2020 | |||||
| Clear Choice - Local | Authority | 366 | 9,008 | (8,780) | 594 | ||
| Specialist Offender Support Project | 33,916 | 64,132 | (55,329) | 42,719 | |||
| Plan Bee - Community | Cofiee Shop | 87,088 | (43,716) | 43,372 | |||
| ~34 | 2 | 160228 | ~17825 |
| Analysis ofnet assets between | Analysis ofnet assets between | Analysis ofnet assets between | funds | funds | funds | Unrestricted | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||||||
| f, | ||||||||||||
| 12 | Fund Balances at | 31 | March 2021 | |||||||||
| Tangible axed assets | 8,342 | 8,342 | ||||||||||
| Cash | 57246 | 75,621 | 132,867 | |||||||||
| Debtors: amount | falling due within one year | 1,125 | 13,044 | 14,169 | ||||||||
| Creditors: amount | falling due within one year | (3,352) | (2,529) | (5,881) | ||||||||
| 4 497 | ||||||||||||
| Analysis ofnet assets between | funds —comparative | |||||||||||
| Total | ||||||||||||
| Fund Balances at | 31 | March 2020 | ||||||||||
| Tangible axed assets | 8,940 | 8,940 | ||||||||||
| Cash | 53,055 | 25,814 | 78,869 | |||||||||
| Debtors: amount | falling due within one year | 1,125 | 58,840 | 59,965 | ||||||||
| Creditors: amount | falling due withm | one year | (2,314) | (65t09) | (9223) | |||||||
| 51 866 | ||||||||||||
| 13 | Commitments under |
operating | leasm | |||||||||
| At the reporting end |
date the company | had outstanding | commitments | for future minimum | lease payments | under non-cancellable | ||||||
| operating leases, | which fall due | as follows; | ||||||||||
| Land aad buildings | ||||||||||||
| 2021 | 2020 | |||||||||||
| Expiry date | f | |||||||||||
| Within one year - as | one months | notice. | ||||||||||
| Net income in the year is stated | after | charging | operating | lease rentals | land 0'c buildings of | f13,644 (2020: | f13,500) | |||||
| 14 | Cash gcncrsted | from operatloas | ||||||||||
| 2021 | 2020 | |||||||||||
| f | f | |||||||||||
| Surplus/(deficit) | for | the year | 10,946 | 55,867 | ||||||||
| Adjustments for: |
||||||||||||
| investment income recognised |
in | profit or loss | (49) | (179) | ||||||||
| Depreciation | 6,406 | 4,470 | ||||||||||
| Movements in working capital: |
||||||||||||
| Bncrease)/Decrease Decrease in creditors |
in debtors | 45,797 ~342 |
(55,440) 3018 |
|||||||||
| Cash generated | by | operations | 59758 | 7736 | ||||||||
| 26 |