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|Reference and Administrative
Details||
|---|---|
|Trustees'
Report|2to 7|
|Independent
Examiner's
Report||
|Statement
of Financial Activities||
|Balance Sheet|10|
|Statement
of Cash Flows||
|Notes to the Financial Statements|12to26|
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|The trustees,|who are also the|directors for the purpose|directors for the purpose|of company|law, and who served|law, and who served|during|the|
|---|---|---|---|---|---|---|---|---|
|year were:|||||||||
|Trustees:||Mr TJWalker LLB|(Chair)||||||
|||Mr P G Hitchcock FRICS (resigned|||18January 2023)||||
|||Cllr R Lees|||||||
|||Cllr SLees|||||||
|||J C Gaskell (resigned||6December|2022)||||
|||M A Eggar FRM,ACMA, CGMA, BA (Hone) (resigned||||26|September||
|||2022)|||||||
|||AJ Alderman|||||||
|||N Jordan|||||||
|||Cllr C Ellis (resigned||6 February 2023)|||||
|||C G Mellor|||||||
|||L Brown (appointed|2 August 2022)||||||
|||A Hobbs (appointed||5September 2023)|||||
|Secretary:||Mr TJWalker LLB|(Chair)||||||
|Recruitment|and appointment|oftrustees|||||||
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||||Unrestricted|funds|Restricted|Total|
|---|---|---|---|---|---|---|
||||General|Designated|funds|2023|
|||Note|8|E|||
|Income from:|||||||
|Donations
and legacies|||1,369|||1,369|
|Charitable
activities|||289,568||3,500|293,068|
|Investment
income|||123,561|||123,561|
|Total Income|||414,498||3,500|417,998|
|Expenditure
on:
Charitable
activities
Total Expenditure
Net income/(expenditure)|||(400 034)
(3 21)2)
~400 034 ~3,292)
14464 ~3292||~(15784
(15,784)
~72284)|~4(5((0
~4(5((0
~(,((2|
|Net movement
in funds|||14,464|(3,292)|(12,284)|(1,112)|
|Reconciliation
offunds|||||||
|Total funds brought|forward||904,274|5,850|314,956|1,225,080|
|Total funds carried|forward|17|918,738|2,558|302,672|1,223,968|
||||Unrestricted|funds|Restricted|Total|
||||General|Designated|funds|2022|
|||Note|E|6|8|E|
|Income from:|||||||
|Donations
and legacies|||402|||402|
|Charitable
activities|||287,679||41,152|328,831|
|Investment
income|||50,841|||50,841|
|Otherincome|||29,013|||29,013|
|Total Income|||367,935||41,152|409,087|
|Expenditure
on:
Charitable
activities
Total Expenditure|||346,749
(346,749||~(6,557)
~16,557|(363.306)
~363.306)|
|Net income|||21,186||24,595|45,781|
|Net movement
in funds|||21,186||24,595|45,781|
|Reconciliation
of|funds||||||
|Total funds brought|forward||883,088|5,850|290,361|1,179,299|
|Total funds carried|forward|17|904,274|5,850|314,956|1,225,080|
##
|||||Note|2023f|2022f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||||11|1,447,199|1,386,844|
|Current assets|||||||
|Stocks||||12|770|1,069|
|Debtors||||13|40,862|40,186|
|Cash at bank and|in hand||||246,235|338,197|
||||||287,867|379,452|
|Creditors: Amounts||falling due within one year||14|~(42,647|~62,726|
|Net current assets|||||245,226|316,726|
|Total assets less|current||liabilities||1,692,425|1,703,570|
|Creditors: Amounts||falling due after more than one year||15|~468,457|~478,490|
|Net assets|||||1,223,968|1,225,080|
|Funds ofthe charity:|||||||
|Restricted funds|||||302,672|314,956|
|Unrestdicted
funds|||||||
|Designated
Funds|||||2,558|5,850|
|General
Funds|||||918,738|904,274|
|Total unrestricted|funds||||921,296|910,124|
|Total funds||||17|1,223,968|1,225,080|
##
||||2023|2022|
|---|---|---|---|---|
|||Note|||
|Cash flows from operating
activities|||||
|Net cash (expenditure)/income|||(1,112)|45,781|
|Adjustments
to cash flows from non-cash|items||||
|Depreciation|||62,659|60,626|
|Investment
income||5|(123,561)|(50,841)|
|Loss on disposal oftangible
fixed assets|||20,025|33,889|
||||(41,989)|89,455|
|Working capital adjustments|||||
|Decrease in stocks||12|299|640|
|Increase
in debtors
(Decrease)/increase
in creditors||13
14|(676)
~16,397|(12,657)
37,383|
|Net cash flows from operating
activities|||58,763)|114,821|
|Cash flows from investing
activities|||||
|Purchase oftangible
fixed assets||11|(143,039)|(179,272)|
|Income from investments||5|123,561|50,841|
|Net cash flows from investing
activities|||(19,478|(128,431)|
|Cash flows from financing
activities|||||
|Interest payable
and similar charges
New loans/(repayment)
of loans and borrowings
Net cash flows from financing
activities|||26,917
~40.638
~13,721|18,117
139,889
158,006|
|Net (decrease)/increase
in cash and cash equivalents|||(91,962)|144,396|
|Cash and cash equivalents
at 1 April|||338,197|193,801|
|Cash and cash equivalents
at 31 March|||246,235|338,197|
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|||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|2023|
|||||||6|6|6|
|Donations|and legacies|||||1,369||1,369|
|||||||1,369||1,369|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|2022|
|Donations|and legacies|||||402||402|
|||||||402||402|
|Income from charitable|||||activities||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|2023|
|||||||F|6|6|
|Contracted||Support|& Housing|||154,897||154,897|
|Catering||||||17,807||17,807|
|Support for||Vulnerable||Adults||32,383||32,383|
|Room Hire||||||84,481||84,481|
|Other grant||income|||||3,500|3,500|
|||||||289,568|3,500|293,068|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|2022|
||||6|||
|Contracted|Support &|Housing|198,692||198,692|
|Catering|||5,836||5,836|
|Support for|Vulnerable|Adults|41,323||41,323|
|Room Hire|||41,828||41,828|
|Other grant|income|||41,152|41,152|
||||287,679|41,152|328,831|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2023|
|||6||8|
|Interest|receivable|344||344|
|Property|income|123,217||123,217|
|||123,561||123,561|
|||Unrestricted|Restricted|Total|
|||funds|funds|2022|
|||F|6||
|Interest|receivable|4||4|
|Property|income|50,837||50,837|
|||50,841||50,841|
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||||Unrestricted|funds|Restricted|Total|
|---|---|---|---|---|---|---|
|||Note|Designated
6|General
f|funds|2023|
|Contracted|Support||||||
|& Housing||||100,674||100,674|
|Catering||||11,692||11,692|
|Support for|||||||
|Vulnerable|Adults|||14,604||14,604|
|Room Hire||||716||716|
|Allocated|support||||||
|costs|||3,292|272,348|15,784|291,424|
||||3,292|400,034|15,784|419,110|
||||Unrestricted|funds|Restricted|Total|
||||Designated|General|funds|2022|
|||Note||E||F|
|Contracted|Support||||||
|& Housing||||96,461||96,461|
|Catering||||4,620||4,620|
|Support for|||||||
|Vulnerable|Adults|||9,088||9,088|
|Room Hire||||1,209||1,209|
|Allocated|support||||||
|costs||||235,371|16,557|251,928|
|||||346,749|16,557|363,306|
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|7
Support C|osts||||
|---|---|---|---|---|
||||2023|2022|
|Staff costs|||124,250|92,904|
|Depreciation|||62,659|60,626|
|Operating
lease charges|||810|2,755|
|Heat & light|||4,797|3,104|
|Insurance|||10,399|9,129|
|Repairs &Maintenance|||24,756|15,177|
|Professional fees and subs|||11,182|11,065|
|Office costs &telephone||charges|2,068|2,022|
|Water charges|||3,946|3,307|
|Computer expenses|||7,203|4,625|
|Bank charges|and interest||412|1,984|
|Irrecoverable|VAT||5,179|8,395|
|Advertising|||208|758|
|Sundry|||3,985|70|
|Loan interest|||9,152|2,117|
|Loss on disposal|||19,853|33,890|
|Bad debts|||565||
||||291,424|251,928|
##
|8 Staf|f costs|||
|---|---|---|---|
|||2023|2022|
|||6|6|
|Employment
Costs||||
|Wages|and Salaries|186,088|161,976|
|Social security costs||16,516|10,179|
|Pension|contributions|3,690|3,188|
|||206,294|175,343|
##
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|2023|2022|
|---|---|
|No|No|
##
|9
Independ|ent
examine|r's
remuneration|||
|---|---|---|---|---|
||||2023|2022|
||||6|8|
|Fees to examiners|||||
|independent|examination|fee|1,350|1,250|
|Accountancy|services||4,050|4,050|
||||5,400|5,300|
##
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|11Tangible fixed assets|||||
|---|---|---|---|---|
|||Sheltered|Equipment||
||Land and|housing|anti||
||buildings|conversion|furnishings|Total|
|||||F|
|Cost|||||
|At 1 April 2022|1,165,161|683,014|236,011|2,084,186|
|Additions
Disposals|71,257
~21,462|3,340|68,442
(6.154)|143,039
~(27,558|
|At 31 March 2023|1,215,016|686,354|298,299|2,199,669|
|Depreciation|||||
|At 1 April 2022|406,644|198,471|92,227|697,342|
|Charge for the year
Eliminated
on disposals|24,436
~3,745|13,098|25,125
~3786|62,659
(7531)|
|At 31 March 2023|427,335|211,569|113,566|752,470|
|Net book value|||||
|At 31 March 2023|787,681|474,785|184,733|1,447,199|
|At 31 March 2022|758,517|484,543|143,784|1,386,844|
##
|12Stock||||
|---|---|---|---|
|||2023|2022|
|||6||
|Finished goods and goods for resale||770|1,069|
|13Debtors||||
|||2023|2022|
|Trade debtors||29,470|28,755|
|Prepayments|and accrued income|11,392|11,305|
|VAT|||126|
|||40,862|40,186|
##
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|14Creditors: amounts
falling due within o|ne year||
|---|---|---|
||2023|2022f|
|Bank loans|11,976|15,664|
|Trade creditors|17,623|27,136|
|PAYE|3,777|3,568|
|VAT|1,457||
|Other creditors|1,742|7,513|
|Accruals|6,066|8,845|
||42,641|62,726|
|15Creditors: amounts|falling due after one year|
|---|---|
|Bankloans||
|2023|2022f|
|---|---|
|11,976|15,664|
|2023f|2022|
|468,457|478,490|
|Creditors
amounts
falling
due after mor
security has been given
by the charity:|e than
o|ne year includes
the following
liabiliti|es,
on which|
|---|---|---|---|
|||2023
f|2022
f|
|Tridos bank loan||468,457|478,490|
|Included
in the creditors are the following|amounts|due after more than five years:||
|||2023|2022f|
|After more than five years by instalments||410,267|408,270|
##
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|16Operating
lease commitm|16Operating
lease commitm|16Operating
lease commitm|ents||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|At the reporting
end date the|||charitable|company||had outstanding|commitments
for|future|minimum||
|lease payments
under non-cancellable||||operating|leases, which fall||due as follows:||||
||||||||2023||2022||
||||||||||6||
|Within one year|||||||3,045|||1,080|
|In two to five years||||||||||2,160|
||||||||3,045|||3,240|
|17Funds|||||||||||
||||Balance at 1|||||Balance||at 31|
||||April 2022|||Income|Expenditure|March||2023|
|||||6||6|6||6||
|Unrestricted
funds|||||||||||
|General|||||||||||
|General
Fund||||904,274||414,498|(400,034)||918,738||
|Designated
Moving on fund||||5,850|||~i3,202|||2,558|
|Total unrestricted||funds||910,124||414,498|(403,326)||921,296||
|Restricted funds|||||||||||
|Refurbishment|fund|||10,669|||(300)||10,369||
|Viridor||||10,029|||(346)|||9,683|
|Taunton
Town|Charity|||1,758|||(51)|||1,707|
|SEIFGrant||||228,382|||(5,992)||222,390||
|Big Lottery Station||Road||9,127|||(186)|||8,941|
|Other Station Road Grants||||8,304|||(169)|||8,135|
|Kitchenette
Grant||||13,240|||(6,630)|||6,610|
|SCFAccessible Changing
Places Toilet
Public Living Room Fund||||33,447
314,956||3,500
3,500|(2,069)
~47
~15,784||31,378
3,459
302,672||
|Total funds||||1,225,080||417,998|~419,110||1,223,968||
##
##
|17Funds (continued)|17Funds (continued)|17Funds (continued)|||||
|---|---|---|---|---|---|---|
||||Balance at 1|||Balance at 31|
||||April 2021|Income|Expenditure|March 2022|
|||||6|6|6|
|Unrestricted
funds|||||||
|General|||||||
|General
Fund|||883,088|367,935|(346,749)|904,274|
|Designated|||||||
|Moving on fund|||5,850|||5,850|
|Total unrestricted||funds|888,~38|367,935|~346,749|!110,124|
|Restricted funds|||||||
|Refurbishment|fund||10,973||(304)|10,669|
|Viridor|||10,375||(346)|10,029|
|Taunton
Town Charity|||1,809||(51)|1,758|
|SEIFGrant|||234,382||(6,000)|228,382|
|Santander
Grant||Interactive|||||
|Screen|||284||(284)||
|TDBC Catering|Grant||471||(471)||
|Big Lottery Station Road|||9,313||(186)|9,127|
|Other Station Road Grants|||8,474||(170)|8,304|
|Kitchenette
Grant|||14,280||(1,040)|13,240|
|SCFAccessible
Places Toilet
Devon County|Changing
Council||290,361|35,000
6,152
41,152|(1,553)
~8,152
~16,557|33,447
314,956|
|Total funds|||1,179,299|409,087|~363.306|1.225,080|
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||||||Total funds|
|---|---|---|---|---|---|
|||Unrestricted|funds|Restricted|at 31 March|
|||General
f|Designated
f|fundsf|2023f|
|Tangible|fixed assets|1,144,527||302,672|1,447,199|
|Current|assets|285,309|2,558||287,867|
|Current
Creditors|liabilities
over 1 year|(42,641)
~468,457|||(42,641)
~(468,457|
|Total net assets||918,738|2,558|302,672|1,223,968|
||||||Total funds|
|||Unrestricted|funds|Restricted|at 31 March|
|||General
f|Designated
f|fundsf|2022f|
|Tangible|fixed assets|1,091,356||295,488|1,386,844|
|Current|assets|354,134|5,850|19,468|379,452|
|Current
liabilities
Creditors over 1 year||(62,726)
~478,490|||(62,726)
~478490,|
|Total net assets||904,274|5,850|314,956|1,225,080|
##
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