2022-03-31-accounts

CONTENTS		PAGE
Report ofthe Trustees		1to 9
Independent Examiner's Report		10
Statement ofFinancial	Activities
Balance Sheet		12
Cash Flow Statement		13
Notes to Cash Flow Statement		14
Notes to the Financial	Statements	15to 21
Detailed Statement of	Financial Activites	22 to 23

Integrity	We are honest, gracious, and respectful, and committed working to the best ofour ability.	to
Compassion	We empathise and feel compelled to alleviate someone' suffering.	s
Excellence	We are committed to providing the best quality service everyone who is part ofthe OPENhouse family.	to
Holistically	supporting vulnerable and disengaged individuals to become
independent.
Celebrating	individual uniqueness and diversity ofservice users and staff;
demonstrating equality across the organisation.
Accepting everyone for who they are and where they are in their lives.
Providing a	welcoming space for all ages to live, thrive, and feel secure.
Remaining	confident in our own ability to help others and continually developing
ways in which we can improve our service.

				Unrestricted	Restricted	Total	Total Funds
				Funds	Funds	Funds
						2022	2021
		Note
INCOME AND ENDOWMENTS FROM
Donations and legacies			2	15,617		15,617	13,540
Charitable activites
Housing and support				244,972		244,972	134,836
Enhanced support				60,060	13,239	73,299	203,696
Supporting People				77,041		77,041
Investment Income			3	69,896		69,896	66,414
Other Income							26,563
TOTAL INCOME				467,586	13,239	480,825	445,049
EXPENDITURE
Raising Funds
Charitable Activites
Housing and support				158,061		158,061	105,981
Enhanced support				150,434	13,239	163,673	167,633
Education
Central and Support Costs				145,000		145,000	132,309
					13,239
TOTAL				453,495		466,734	405,923
NET INCOME/(EXPENDITURE)				14,091		14,091	39,126
RECONCILIATION	OF FUNDS
Total				1595904		1595,984	~156778
TOTAL FUNDS CARRIED				1,609,995		1,609,995	1,595,904
FORWARD

SHIRE TRAINING WORKSHOPS	SHIRE TRAINING WORKSHOPS	LIMITED
TRADING ASOPENHOUSE
BALANCE SHEET
31stMarch 2022
		Notes	Unrestricted		Restricted	31.3.22		31.3.2021
			Funds		Funds
FIXEDASSETS
Tangible assets		12	1,025,000				1,025,000	1,025,000
Investment Property		13		500,000			500,000		500,000
			1,525,000				1,525,000	1,525,000
CURRENT ASSETS
Debtors		14		44,044			44,044		70,513
Cash atbank				272,209			272,209		212,225
				316,253			316,253		282,73$
CREDITORS: Amounts due within one year	falling	15		(76,274)			(76,274)		(43,282)
NET CURRENT ASSETS				239,979			239,979		239,456
TOTAL ASSETSLESS
CURRENT LIABILITIES			1	764979			1764 79	1	764456
CREDITORS
Amounts falling due after	more than	16	(154,984)				(154,984)	(168,552)
one year
NET ASSETS			1,609,995				1,609,995	1,595,904
FUNDS
Unrestricted funds							1,609,995	1,595,904
General fund
Restricted Funds
TOTALFUNDS							1,609,995	1,595,904

for the Year End 31Marc		h 2	022
						31.3.22	31.3.21
					Notes
Cash flows from operating		activities
Cash generated f'rom operations						78,037	(883)
Interest paid						(4,485)	(9,861)
Net cash provided by operating			activities			73,552	10744
Cash flows from investing		activities
Sale oftangible fixed assets
Net cash provided by investing			activities
Cash flows from financing		activities
Loan repayments in year						(13,568)	(187,080)
Loan interest
Net cash used in financing	activities					13568	187080
Change in cash and cash	equivalents			in the		59,984	(197,824)
reporting period
Cash and cash equivalents		at	the beginning			212,225	410,049
ofthe reporting period
Cash and cash equivalents		at	the end	ofthe		272 209	212225
reporting period

1.RECONC	ILIATION	OF NET	EXPENDITURE TO NE	T CASH FLOW	FROM OPERATING	ACTIVITIES
				31.3.22	31.3.21
Net expenditure for the		reporting	period (asper the
Statement ofFinancial		Activities)		14,091	39,126
Adjustments	for:
Depreciation	charges				3,653
Loss/(profit)	on disposal	offixed assets
Interest paid				4,485	9,861
Decrease in	debtors			26,469	(42,152)
Decrease in	creditors			32,992	(11,371)
Net cash provided by operations				78037	883
2. ANALYSIS OF CHANGES			IN NET (DEBT)/FUNDS
				AT 1.4.21	Cash Flow	31.3.22
Net cash
Cash at bank	and in hand			212,225	59,984	272,209
				212225	59984	272,209
Debt
Debts falling	due within	1 year		(18,853)	(32,992)	(51,845)
Debts falling	due after 1	year		(168,552)	(26,469)	(195,021)
				187405	59461	246 866
Total				24 820	523	25 343

					31.3.22		31.3.21
Rents	Received					69,887		66,414
						69887		66414
4.	INCOME FROM CHARITABLE			ACTIVITES
					31.3.22		31.3.21
			Activity
Supporting		People	Housing	and support		77,041		21,603
Residents		Rents &Charges	Housing	and support		244,972		113,233
Enhanced		Support	Enhanced	support		73,299		203,696
						395312		338532

Raising	donations and legacies
			31.3.22		31.3.21
Fundraisin	g Costs
6. CHARITABLE ACTIVITES COSTS
		Direct Costs	Support	Costs	Totals
			(see note	7)
Housing	and support	158,061				158,061
Enhanced	support	163,673				163,673
Central and Support costs		118,564		26,436		145,000
		440,298		26,436		466,734

		Finance		Governance	Totals
				Costs
Housing	and Support			7,252		7,252
Enhanced	Costs					0
Central and support costs			326	18,858		19,184
			326	26,110		26,436

		31.3.22		31.3.21
Depreciation	- owned assets				3,652
(Deficit)/Surplus on disposal offixed assets
Independent	Examination		360		3,804

10. STAFFCOSTS
			31.3.22	31.3.21
Wages and Salaries			276,926		243,950
Social Security Costs			6,670		9,672
Other pension costs			8,009		5,506
			291,605		259,128
The average monthly	number ofemployees	during the	year was as follows:
			31.3.22	31.3.21
Housing
Adminstration
			12		12

			Unrestricted	Restricted	Total Funds
			Funds	Funds
					2022
		Note
INCOME AND ENDOWMENTS FROM
Donations and legacies			15,617		15,617
Charitable activites
Housing and support			322,013		322,013
Enhanced support			73,299		73,299
Investment Income			69,887		69,887
Other Income			9		9
TOTAL INCOME			480,825		480,825
EXPENDITURE
Raising Funds
Charitable Activites
Housing and support			158,061		158,061
Enhanced support			163,673		163,673
Central and Support Costs			145,000		145,000
TOTAL EXPENDITURE			466,734		466,734
NET INCOME/(EXPENDITURE			14,091		14,091
RECONCILIATION	OF FUNDS
Total funds brought	forward		1,595,904		1,595,904
TOTAL FUNDS CARRIED			1,609,995		1,609,995
12. TANGIBLE FIXEDASSETS
		Freehold	Plant and	Fixtures and	Totals
		Property	Machinery	Fittings
COST OR VALUATION
At 1April 2021		1,025,000	23,590	97,704	1,146,294
At 31 March 2022		1 025000	23,590	97704	1 146,294
DEPRECIATION
At 1 April 2021			23,590	97,704	121,294
At 31 March 2022			- 23,590	97704	121294
NET BOOKVALUE
At 31March 2022		1,025,000			1025 000
At 1 April 2021		1025,000			1 025 000

14.DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	31.3.22		31.3.21
Trade Debtors		22,607		47,334
Accrued Income		21,437		20,339
Prepayments				2,840
		44 044		70513

15. CREDITORS: AMOUNTS FAL	LING DUE WITHIN	ONE Y	EAR
	31.3.22	31.3.21
Other Loans (see note 17)	18,853		18,853
Trade Creditors	17,444		10,012
Social Security and other taxes	2,803		3,079
Other creditors	5,451		3,303
Deposits Held	4,329		4,582
Accrued Expenses	27,394		3,453
	76274		43 282

An analys	is ofthe maturity ofloans is given below:
		31.3.22		31.3.21
Amounts	falling due within on year on demand:
Other Loans 1-2years			18,853		18,853
Amounts	falling between two and five years:
Other Loans - 2-5 years			75,412		56,560
Amounts	falling due in more than 5 years:		79,572		93,139

18. MOVEM	ENT IN FUNDS
		At 01.4.2021	Net movement	At 31.3.22
			in funds
Unrestricted	Funds
General fund		1,595,904	14,091	1,609,995
		1,595,904	14091	1 609995

for the Year Ende	d 31March 2022
		31.3.22	31.3.21
INCOME AND ENDOWMENTS
DONATIONS AND LEGACIES
Donations		4,276	5,211
Recovered Expenses
Grants		11,341	8,329
		15,617	13,540
INVESTMENT INCOME
Rents received		69,887	66,414
Other income		9	26,563
CHARITABLE ACTIVITIES
Learner Funding
Supporting People		77,041	21,603
Residents Rents 4	Charges	244,972	113,233
Enhanced Support		73,299	203,696
		395,312	338532
Total incoming resources		480 825	445,049
EXPENDITURE
Charitable activties
Wages		276,926	243,950
Social Security Costs		6,670	9,672
Pensions		8,009	5,506
Rates and Water		9,187	11,234
Insurance		2,561	2,879
Light and heat		18,863	20,578
Telephone		4,583	3,143
Postage and Stationary		6,249	3,405
Sundries		8,306	5,676
Sta6'Recruitment	and Training	619	177
Travel Expenses		295	620
Small office equipment			3,610
Property Upkeep		96,952	63,498
Bad debts
Direct Activities Costs		718	488
		439938	374 436

Finance
Bank Charges	326	379
	31.3.22	31.3.21
Finance
Governance Costs	360
Sundries	925	540
Accountancy and legal fees	12,125	14,254
Professional Subscriptions	1,927	1,369
Consultancv Fees
External Comoliance	588	1.433
Office Eauinment	6.060	2.739
Fixtures and fittings		913
Bank Loan Interest	4,485	9,860
	26,470	31,108
Total resources expended	466,734	405,923
Net income/(expenditure)	14091	39 126