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|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|
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|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.|||
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|||||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||||||||
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|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|
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||||||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|
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|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|
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|||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|
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|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|
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||||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|
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|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|
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|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|