OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-09-30-accounts

Company Number: 01980372 Charity Number: 293717

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Report and Accounts

For the year ended 30 September 2022

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Company Information

Company Number: 01980372

Charity Number: 293717

Registered Office

36 Rickmansworth Road Watford Hertfordshire WD18 7HT

Directors

Richard Butler Christopher Brooks Dana Beale

Independent Examiners

Dickinsons Chartered Accountants Brandon House First Floor 90 The Broadway Chesham Bucks HP5 1EG

Bankers

The Co-operative Bank Plc PO Box 250 Delf House Skelmersdale WN8 6NT

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Report and Accounts

for the year ended 30 September 2022

INDEX

Page Number

1 to 4 Trustees’ (Directors’) Annual Report
5 Independent Examiner’s Report
6 Statement of Financial Activities
7 Balance Sheet
8 to 13 Notes forming part of the Accounts
The following page does not form part of the statutory accounts:
14 Detailed Income and Expenditure Account

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Trustees’ (Directors’) Annual Report

for the year ended 30 September 2022

Trustees’ Annual Report

The trustees submit their report together with the accounts for the year ended 30 September 2022.

The accounts have been prepared in accordance with the Companies Act 2006, the Charities Act 2011, the memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Structure, governance and management

The charity is constituted as a company, limited by guarantee, does not have any share capital and it is governed by its Memorandum and Articles of Association.

The trustees and management committee, their appointment, rotation and disqualification are carried out in accordance with the Memorandum and Articles of Association. Appropriate induction and training policies are in place for new trustees. The Trustees delegate the day to day operations to the Hostel manager and his team.

The Hostel manager meets with the Trustees at least five times a year to discuss progress in relation to the objectives, monitor performance and agree future budgets, targets and priorities.

The Hostel Manager has established management practices within the operations of the charity which have produced improvements and grown the services offered by G.R.O.W. to its residents, enhancing the reputation of G.R.O.W. within the local community and increasing public awareness.

As with the previous year, this year has been primarily focussed on our reaction and management of the service through the COVID-19 Pandemic. Whilst in the previous year, our focus was on the initial challenges to the physical delivery of our services and financial management; this year has been on understanding the longer term impacts of COVID and building our longer term strategy to manage the ‘new-normal’.

Previously we had recognised the reduction in capacity of our service (through removal of shared rooms) as a permanent change; the reduction in bed spaces meant the costs of providing the service has become greater as a per-head measurement. However, during this year we have managed to take on an additional property which brings our capacity in line with pre-COVID levels, and despite additional costs of a property lease, this has increased the revenue and stabilised our financial position. Therefore our objective from the previous year, to address the impact of COVID in terms of capacity and revenue, has been achieved.

Objectives and Activities

Group for the Rootless of Watford (G.R.O.W.) is a charitable organisation whose aims are to:

  1. Relieve the hardship and distress of homeless men, aged 25 - 60, in Watford, by providing them with accommodation and support.

  2. Provide specialised support in the challenges of overcoming dependencies and abuse of substances and other addiction.

  3. Help the residents to attain a more stable way of life, with the support of other agencies, to help re-settle them in independent accommodation.

  4. Assist these residents and give advice in finding suitable employment in the community.

  5. Continue to assist and support the residents once they have left G.R.O.W, with emotional and practical help, to enable them to become settled and responsible members of the community.

  6. Use our resources in a responsible manner at all times for the benefit of our residents and staff.

The Hostel strives to be as accessible as possible to people from different cultures and backgrounds and welcoming to users from all ethnic communities, beliefs and cultures.

GROW provides these objectives using the main hostel where all the services are based and two nearby satellite houses.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Trustees’ (Directors’) Annual Report

for the year ended 30 September 2022

In shaping our objectives for the year and planning our activities, the trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit and have complied with section 4 of the Charities Act 2011.

Risk Assessment

In order to comply with the Statement of Recommended Practice for Charity Accounts (FRS 102) a review of the major risks to which the charity is exposed and the systems that have to be established to mitigate those risks has been carried out. The review considered external factors and procedures have been put in place to rectify those areas of potential vulnerability. These are monitored on an ongoing basis.

Achievements and Performance

We maintain our 4 main objectives, these are:

  1. Our brand, reputation and profile. We want to enhance our reputation as a caring environment where clients can receive the support they need to achieve independent living. To achieve this, we are diversifying our service to include; tenancy retention courses; life skills such as cooking and healthy eating; assistance in finding voluntary work and guidance in managing the transition to self-sustainment. .

We have faced a challenging period in this aspect. Hertfordshire County Council (HCC) took a unilateral decision to end a provision of external funding through the Accommodation Solutions programme; despite meetings with the Authority and ongoing discussions where we were seeking additional training and guidance from HCC, we were informed of the decision that our contract would not be renewed. Whilst disappointing, we have reacted to backfill the lost income. We have not experienced any incidences of reputational damage from this matter and are continuing to develop our relationships and partnership working with Watford Borough Council and other external parties.

  1. Increasing our access to accommodation. Where in the past we have looked to purchase property to address the issue that accommodation for our clients who are ready to move on is in short supply or not affordable, we are devising projects to use our resources to secure access to accommodation and provide our clients with a realistic proposition that independent living is achievable.

We have successfully taken a long-term lease with an additional Move-On property in Brixton Road, Watford, providing up to an additional 5-bed spaces. This has been achieved through partnership with a third party that has purchased the property on our behalf. We are looking to further develop this relationship in the near future.

  1. Developing closer working strategies with the Local Authority and partner organisations, as we understand Watford Borough Council is seeking to hold closer control of referrals and management of pathways for residents.

Watford Borough Council have implemented the ‘Single Homeless Pathway’; whereby they seek process and allocate all referrals to each service provider, removing our ability to receive referrals directly. We continue to work with the Council on this change and remain confident that with the right collaboration this will be a positive change for our service. However, we also continue to receive direct referrals, and maintain a waiting list for our services.

  1. Seek to identify new potential trustees who could stand for election in order to reduce the risk of meetings being nonquorate and enable the board to increase its skill base.

This item remains a key objective.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Trustees’ (Directors’) Annual Report

for the year ended 30 September 2022

Future Developments and Strategies

Moving forward we will continue our work on the 4 objectives listed above, noting the learning we have encountered over the past year.

Financial Review

The statement of Financial Activities for the year is set out on page six of the accounts.

The income for the year amounted to £438,717 (2021: £394,924) which is a reflection of the increased rate paid per head together with the effects of a new property towards the end of the year.

Expenditure for the year amounted to £408,465 (2021: £396,102). The increase is mainly attributable to the new property in terms of rent paid and fit-out costs prior to residents moving in. Funds were also spent with consultants to negotiate better housing benefit rates. All other expenses have remained relatively consistent with the prior year.

The Charity received restricted funds in the year of £1,400 (2021: £1,400).

Statement of Trustees’ Responsibilities

The trustees, who are also the directors of Group for the Rootless of Watford (G.R.O.W.) for the purpose of company law, are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees, to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these accounts the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the company and to enable them to ensure the accounts have been properly prepared in accordance with the provisions of the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Remuneration Policy

The Hostel needs to recruit and retain staff with a wide range of skills. As a relatively small organisation working in a specialist field, it needs to be led by staff who have specialist knowledge in the relevant fields combined with organisational and business expertise. The same benefits, including pensions apply to all staff. The charity does not apply any performance related pay and does not have a bonus scheme.

CROUP FOII THE ROOTLESS OF WATFORD {G.R.O.W.) TrusteC5' (Dii'ectors,) Allnual Repoi-t for the year ended 30 Sei)tember 2022 Legal aiid AdMiiii5trative Inforniation The coii)pany is liinited by guarantcc and ha5 no sliaTe ¢apital. None of th¢ tiijstees have any beneficial interest in tlie company. Tlie trustees al'e t]ie sole members of the ¢oi))pany and guarai)tee to contribiile £ l ill thc Cvcllt of a winding lip. The company is a registered charity under tjie Cliai'itie5 Act 2011 with IEgistration number 293717. ReseTrves Policy Tlie Ti'ustees Iiave establi8hed a policy lo tiiaintain i'eserve5 at a level Iliat ivoiild eiiable tlit sei'vice lo eonlinue to opeilte sliould fi]nding aiid otlier soui¢es of in¢ome be threatejied {govcrtunent fundiiigT or Iiousing b¢ntfit for exaiiiplel. It is also a sti2tegy lo aGhi¢v¢ Sufficient reserves to ei)sure clients can be I'e110115ed 51iould cir¢umstances dictate tlie closuiE of onc of tlje liouses, eitlier tenipoi?I'ily oi. peiniaiiently and firtatitc a strategy of obtainiiig additioiial accoinjiiodation supply on long-term leases. Tlie rescrvcs arc considered 5uffi¢ient by tlie Truste&% lo covei. die risks Ilie cliarity faces aiid tlie developm¢Jit die cliarity wishes to uiide11ake given its sti'ategic aims {rcputation aiid influence, quality of support offered ￿ld goveillance). Unitstricted ieserves at 30 Septembei. 2022 aniounted to £415.26612021.' £385,963) and restricted i'escrves at 30 September 2022 aniounted to £9,681 (2021.. £8,732). The ti'ustees coiisidei. these result5 to be 5at15factory and in line witli tlieir policy and expectations. Ti'ustees The truste¢5, who are also the directors foi. the purposc of cojnpany law. and who setved during the yeai. wei'e as follows.. Iochard Butlei. Chi'istaphei. Brooks Dart2 Beale E%einption Statement Tile accounts have been prep￿ed in accordance with the special pl￿VIsiOnS for small conipanies undei. Part 15 of tli¢ Companies Act 2006. For the financial year eiidod 30 Septetnber 2022 tlie compaiiy w&$ entitled to exen)ption frojii audit under section 477 of the Companies Act 2006 l'elaiing to sniall companies. By Order of the Board.. Cliri5toptrter Brooks- Tj'ustce and Director Date.. ./k.. .......

GROUP fioR fHE ROOTLESS OF WATfiORD (G.R.O.W.) liidcp¢nd¢nt Examinei s Report to the Ti-u5tecs for tlie year ended 30 September 2022 lthiltptndent cxamiiier's rcport lo thc tl'U5t¢e5 vf Group foi. the Rootlcs5 of Watfui'd IC.R.O.119 Cliarilable Compaiiy I'the CoinpHny') We report to the charity trustees on our cxaminatthot] of the accoullls of the Company for the year ended 30 September 2022. Respoiisibilities bosi5 of report A5 the Ghai'ity'5 trustee5 of the Coiiipany land a150 Its dire¢tor5 foj. the purposes of coiiipany lawl you arc responsible foi. th¢ prepai%tion of th¢ accounts in accordance with the IEqiiiiEments of tlie Cotnpanies Act 2006 ('tlie 2006 Act'}. Having satisfied oursclves that the a¢¢ounts of the Company are not required to b¢ audited under Part 16 of th¢ 2006 Aot and are eligible for indeptndertt examination, wc repoit iji i'especl of our examit12tion of yoiii- cliariiy's accounts as caiTied out urtder se¢tion 145 of the CliaTiti¢s Act 2011 I'lhe 201 l Act'l. In cariyiiig out oui. examiiiation we have followed tlie Diirctions giveii by the Chai'ity Cotnrnis5ion undei. Section 145(51 Ib) of the 2011 Act. Indepenileiit exgmÉn¢r'$ $t#ternent Sillce the Coinpany's gross income exceeded £250,000 youi. exainijier must be a meinber of a body listed ill section 145 of Ilie 20I 1 Act. Wc Collfirm that we are qualified to undertake tht exaininalioii because we are a member of the Institutc of Chartcrcd Accountants of England and Wales, which is one of the listed bodies. We haye completed our examination. We confirtn that no matters have come to our attention in connection with the examination giviijg us cause to believe= accounting Tecords were not kepl in respect of the Cotnpany a5 required by section 386 of the 2006 AGt' or 2. the aGCOUllts do not acLord with thos¢ re¢ord.%' or 3. the accoiints do not comply with the accounting irquiirmenls of section 396 of the 2006 Act other than arty Tequirement that the accoiints give a'true &iid fairview wliiGh is Iiot a niattei. ¢oJisidered 85 pait of ali independent exaittination,. OL. 4. the accounts have not been prepared in accordatlce with the tnEthods ktnd PTinGiples of the StateTnent of R¢corntntnd¢d Practi for accounting and reportitig by charities applicable to charities pirparing their accounts in accordance with the Financial Reporting Standard applicable ill thc and Republic of lirland (FRS 102). Wc have no cot]cerns and have coine across no other niatters in connection with the examination to which attention Should be drawn in this report ordei. to enable a proper understanding of the accoiiiits to be reached. Natxlie Sp#lto For and on b¢h*lf of Dickinsons, Independent LxRminer Brandoll House First Flooi. 90 The Broadway Che5ham Bucks HP5 IEG Date

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Statement of Financial Activities

for the year ended 30 September 2022

Notes
Incoming Resources
Generated funds
4
Charitable activities
5
Other income
6
Total Incoming Resources
Resources Expended
Cost of charitable activities
7
Other resources expended
8
Total Resources Expended
Net Movements in Funds
Reconciliation of Funds
Total Funds at 1 October 2021
Net Movement in Funds
Total Funds at 30 September 2022		 Unrestricted
Funds
£
17,022
420,032
263
437,317
405,562
2,452
408,014
29,303
385,963
29,303
415,266		 Restricted
Funds
£
-
1,400
-
1,400
451
-
451
949
8,732
949
9,681		 2022
Total Funds
£
17,022
421,432
263
438,717
406,013
2,452
408,465
30,252
394,695
30,252
424,947		 Unrestricted
Funds
£
17,373
344,764
31,387
393,524
390,824
4,760
395,584
(2,060)
388,023
(2,060)
385,963		 Restricted
Funds
£
-
1,400
-
1,400
518
-
518
882
7,850
882
8,732		 2021
Total Funds
£
17,373
346,164
31,387
394,924
391,342
4,760
396,102
(1,178)
395,873
(1,178)
394,695

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure is derived from continuing activities.

The notes on pages 8 to 13 form part of these accounts

GROUP FOR THF. ROOTLESS OF WATFORD (C.R.O.W.) CoiJiy#iiy Nuinl)ei': 0198Q372 Balance Sheet C.hArily Numbei.: 293717 as at 30 Septembei. 2022 Notes 2022 2021 Fixed A5set5 Tat]gible Assets 12 309.026 304,993 Cui'rent Assets Debtoi's Cash at bank and in hand 13 67,778 164,346 35,185 175,121 232,124 210,306 Creditors.. Amounts falling due within oiie year 14 73,424 60.877 Net eurY¢nt ￿￿ets 158,700 149,429 'rotal assets less cui'reni li&bilitie$ 467,726 454,422 Ci'editoi's: Anioutjts falling after IllOlE than oiie year 15 142,779) (59,7271 424 947 394.695 Rese￿eS UNresti'ieted Ineome Dunds: Unirstrictcd Fulld5 Dcsigllated Fiinds 18 18 365,266 50,000 -335,963 50,000 415,266 385,963 Resti'icted Income Funds.. Res¢i'icted Funds 18 9,681 8,732 Total fuiids 424 947 394.695 The coinpany is entitled to exejiiption fiy)Jn audit linder Section 477 of tlie Coinpanies Act 2006 foi. the yeai. ended 30 Septetnber 2022. I'he Jiieiiibers have 110t iequired tlie conipally to obtain audit of its fiiiancial 5tat¢ment5 for the year ended 30 September 2022 in accoi'd2nce with Section 476 of the Conipaiiies A¢t 2006. The dTTeciors ackiiowledge tlieii. responsibilities foi.: (a) ensui'ing that the company ke¢p5 aGcounting recoi'ds which comply witli Sections 386 and 387 of the Compatjies Act 2006 and (b) prepariiig finaiicial statements whicli give a true and fair view of tlie statc of affails of the ¢oini)any as at tlie end of each financial year and of its sury)lus oi. deficit foi. each tinancial yeai. Ill accoi'dance witli tlie reqiiii'einents of Sections 394 and 395 alld wliich otlieiivi5e coiiiply wsth the i'eqiiirements of tlie Conipanies Act 2006 relating to fiiiancial statements, so fai. as applicablc to tlic conipally. The financial stateiiients liave beeii PlEpared in accoL"d#n¢e willi the pixjvisions of Part 15 of tlie Coinpanies A¢1 2006 relating to These acc nts wei'e approved by the hoai'd on . Chi'istoplrerFfiDDks- Trustce atjd Directoi. The JiulÉS Ojtpuges 13fopiiipaF'I of ihese acL(Jiiiyls.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

1 Principal Accounting Policies

Company Information

Group for the Rootless of Watford is a private company limited by guarantee incorporated in England and Wales. The registered office is at 36 Rickmansworth Road, Watford, Hertfordshire, WD18 7HT.

Accounting Convention

The accounts have been prepared under the historical cost convention, the Statement of Recommended Practice accounting and Reporting by Charities in accordance with; the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011. The accounts include the results of the charity’s operations which are described in the Trustees’ Annual Report.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

Going Concern

The trustees have adopted the going concern basis of accounting in preparing the financial statements; the Trustees are satisfied the charity has sufficient reserves and access to the financial support necessary to meet working capital requirements and enable the charity to remain in operational existence for the foreseeable future.

Incoming Resources

Total incoming resources, as shown in the Statement of Financial Activities, are the turnover of the charity and comprise the value of fees, grants and donations receivable in the ordinary course of activities, together with grants receivable in the year. Housing benefits are claimed on behalf of the hostel residents. Other incoming resources include bank interest received.

Resources Expended

Expenditure is accounted for on an accruals basis, recognised when a liability is incurred, and classified under headings that aggregate all costs related to the category. When costs cannot be directly attributed to a heading, they have been allocated to activities on a basis consistent with the use of resources.

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction cost and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic Financial Liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Depreciation

Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write down the cost, less estimated residual value, of all tangible fixed assets over their expected useful lives as follows:

Freehold property - not depreciated Freehold improvements - not depreciated Leasehold improvements - over the lease term Fixtures, fittings and equipment - 3 years straight line

The freehold property is not depreciated, representing a departure from the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) and Companies Act 2006 which require all tangible assets to be depreciated. The freehold property is not depreciated on the grounds that the residual value is considered to be equal to or higher than the cost and depreciation would be wholly immaterial. Annual impairment reviews are carried out to substantiate the value held in the accounts.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

1 Principal Accounting Policies (continued)

Leases

Rental costs under operating leases and the payments made under them are charged to the Statement of Financial Activities on a straight-line basis over the lease term.

Employee benefits

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Pensions

A defined benefits pension scheme is operated by Hertfordshire County Council and The Pension People on behalf of the employees of the charity. The assets of the schemes are held separately from those of the company in independently administered funds.

Contributions are charged to the statement of financial activities as they fall due. The Hertfordshire County Council pension scheme is currently in a surplus position however due to a number of uncertainties regarding the future recoverability of the asset, it has not been recognised as such in these accounts. Due to the surplus on the pension scheme, the charity is not required to make any future contributions.

Unrestricted funds

Unrestricted funds are those which are unrestricted and are available for use at the discretion of the Trustees in the furtherance of the general objective of the charity and which have not been designated for other purposes.

Designated funds

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the accounts.

Restricted funds

Restricted funds comprise designated funds that have been set aside by the donors for particular purposes. The aim and use of the restricted funds are set out in the Trustees’ Report.

Government Grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2 Employees

The total average number of employees during the reporting period amounted to 7 (2021: 8).

3 Turnover

The income and operating surplus for the year was derived from the company’s principal activity and arises solely in the United Kingdom.

4 Incoming resources from generated funds

Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Resident contribution 17,022 - 17,022 17,373

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

5 Income from charitable activities

5
Income from charitable activities
Housing benefit
Supporting people
Donations received
Maitland trust
6
Other incoming resources
Bank interest received
Government grants
7
Expenditure on charitable activities
Food and housekeeping
Light and heat
Insurance
Repairs and maintenance
Staff costs and pensions9
Rent and rates
Telephone charges
Computer costs
Travel and motor expenses
Legal and professional fees
Doubtful debts (recovered)/provision
Maitland trust expenses
Other expenses
Bookkeeping fees
Accountancy charges
8
Other resources expensed
Bank charges
Loan interest
Other interest		 Unrestricted
Funds
£
339,806
79,564
662
-
420,032
Unrestricted
Funds
£
263
-
263
Unrestricted
Funds
£
6,462
12,573
4,783
33,153
249,597
59,923
3,236
560
769
15,163
(838)
-
8,600
7,521
4,060
405,562
Unrestricted
Funds
£
61
2,391
-
2,452		 Restricted
Funds
£
-
-
-
1,400
1,400
Restricted
Funds
£
-
-
-
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
451
-
-
-
451
Restricted
Funds
£
-
-
-
-		 Total
2022
£
339,806
79,564
662
1,400
421,432
Total
2022
£
263
-
263
Total
2022
£
6,462
12,573
4,783
33,153
249,597
59,923
3,236
560
769
15,163
(838)
451
8,600
7,521
4,060
406,013
Total
2022
£
61
2,391
-
2,452		 Total
2021
£
270,122
73,562
1,080
1,400
346,164
Total
2021
£
49
31,338
31,387
Total
2021
£
6,725
10,800
4,525
14,145
272,359
50,562
3,468
1,068
369
2,252
5,563
518
7,385
7,833
3,770
391,342
Total
2021
£
41
4,343
376
4,760

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

9 Staff costs and pension

Wages and salaries
Pension costs
Social security costs
Staff training		 Unrestricted
Funds
£
227,100
2,888
19,135
474
249,597		 Restricted
Funds
£
-
-
-
-
-		 Total
2022
£
227,100
2,888
19,135
474
249,597		 Total
2021
£
248,583
3,137
20,639
-
272,359

No employee received emoluments of more than £60,000.

The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows:

Administrators
Support Workers, Project Workers and Treatment Leaders		 2022
Number
2
5
7		 2021
Number
2
6
8

10

Tax on surplus on ordinary activities

The company is a registered charity and is not liable to corporation tax.

11 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year or incurred any expenses. There have been no related party transactions in the year.

12 Tangible Assets

Cost
At 1 October 2021
Additions in the year
At 30 September 2022
Depreciation
At 1 October 2021
Charge for the year
At 30 September 2022
Net book value
At 30 September 2022
At 30 September 2021		 Fixtures,
Freehold
Freehold
Leasehold
Fittings and
Property
Improvements
Improvements
Equipment
Total
£
£
£
£
£
290,290
7,540
79,002
53,646
430,478
-
-
-
8,839
8,839
290,290
7,540
79,002
62,485
439,317
-
-
79,002
46,483
125,485
-
-
-
4,806
4,806
-
-
79,002
51,289
130,291
290,290
7,540
-
11,196
309,026
290,290
7,540
-
7,163
304,993

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

13
Debtors
Prepayments
Accrued income
Rent deposit
Advances
Other debtors
Trade debtors
14
Creditors: Amounts falling due within one year
Trade Creditors
Bank loan instalments (secured)16
Other taxes and social security
Accruals and deferred income
Provisions
Other creditors
15
Creditors: Amounts falling due after more than one year
Bank loan instalments (secured)16
16
Bank Loan
Secured loan repayable by monthly instalments ending March 2026.
Amount falling due within one year
Amount falling due after more than one year
Amount not wholly repayable within five years		 2022
£
3,525
7,006
20,500
12.476
500
23,771
67,778
2022
£
4,149
16,907
774
44,215
6,850
529
73,424
2022
£
42,779
2022
£
16,907
42,779
59,686
-		 2021
£
7,974
2,995
-
-
500
23,716
35,185
2021
£
4,858
15,765
6,501
26,903
6,850
-
60,877
2021
£
59,727
2021
£
15,765
59,727
75,492
-

The bank loan is secured by way of a charge over freehold land and premises at 30 Princes Avenue, Watford, Hertfordshire, WD18 7RS.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Notes forming part of the Accounts

for the year ended 30 September 2022

17 Financial Commitments

At 30 September 2022 the company had annual commitments under non-cancellable operating leases as follows:

Expiry date:
Within one year
Between two and five years		 Property
2022
2021
£
£

41,000
-
151,910
-
192,910
-		 Property
2022
2021
£
£

41,000
-
151,910
-
192,910
-
-

18 Reserves

Balance at
1 October 2021
£
Unrestricted funds
385,963
Restricted funds
8,732
394,695		 Movement
in the year
Balance at 30
September
2022
£
£
29,303
415,266
949
9,681
30,252
424,947		 Movement
in the year
Balance at 30
September
2022
£
£
29,303
415,266
949
9,681
30,252
424,947
424,947

Designated funds amount to £50,000 as at 30 September 2022 (2021: £50,000). Unrestricted funds were £365,266 (2021: £335,963).

The trustees have set aside designated funds as follows:

19 Called Up Share Capital

The company has no share capital and is limited by guarantee. Under the provisions of the company’s Memorandum of Association, each member would be required to contribute a sum not exceeding £1 for the payment of the debts of the company in the event of deficiency of assets on a winding up of the company.

20 Control

The charity has been controlled throughout the year by the trustees.

GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.W.)

Detailed Income and Expenditure Account

for the year ended 30 September 2022

Incoming Resources
Incoming resources from generated funds
Resident contribution
Incoming resources from charitable activities
Housing benefit
Supporting people
Grants & donations received
Maitland trust
Other incoming resources
Interest received
Government grants received – furlough income
Total Incoming Resources
Resources Expended
Charitable Activities
Wages and salaries
Social security costs
Pension costs
Staff training
Advertising
Rent and rates
Insurance
Light and heat
Repairs and maintenance
Postage, printing and stationery
Telephone charges
Computer costs
Travelling costs
Legal and professional costs
Doubtful debt provision
Food and housekeeping costs
Donations
Sundry expenditure
Testing equipment
Maitland trust expenses
Entertainment
Subscriptions
Depreciation of fixtures, fittings and equipment
Bookkeeping fees
Accountancy fees
Other resources expended
Bank charges
Mortgage interest
Interest on overdue taxation
Total Resources Expended
Surplus/(deficit) for the year		 2022
£
17,022
339,806
79,564
662
1,400
421,432
263
-
438,717
227,100
19,135
2,888
474
514
59,923
4,783
12,573
33,153
1,538
3,236
560
769
15,163
(838)
6,462
-
52
-
451
622
1,069
4,805
7,521
4,060
406,013
61
2,391
-
2,452
408,465
30,252		 2021
£
17,373
270,122
73,562
1,080
1,400
346,164
49
31,338
394,924
248,583
20,639
3,137
-
-
50,562
4,525
10,800
14,145
1,054
3,468
1,068
369
2,252
5,563
6,725
500
22
195
518
-
801
4,813
7,833
3,770
391,342
41
4,343
376
4,760
396,102
(1,178)

This page does not form part of the statutory accounts