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