| ONTENTS | |
|---|---|
| PAGE NO | |
| Legal and Administrative information | 2 |
| Trustee's report | 3−7 |
| Independent Examiner's report | 8−9 |
| Statement of Financial Activities | 10 |
| Statement of Financial Position | 11 |
| Notes to the financial statements | 12−1,5 |
| **Trustees ** | **(Management ** | Committee) | P. | Vadgama |
|---|---|---|---|---|
| S. | Anitha | |||
| K. | Chahel | |||
| B. | Ahmed | |||
| C. | Dagli | |||
| J. | Kalathil |
| Senior staff members | Patel |
|---|---|
| J Chana | |
| Independent Examiners | Bharat Shah & Co |
| Chartered Accountants | |
| 786 London Road | |
| Thornton Heath | |
| Surrey | |
| CR7 6JB | |
| Bankers | The Co−Operative Bank plc |
| 91 George Street | |
| Croydon | |
| CR9 3QT |
| Particulars | Particulars | Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | |||
| Notes | £ | c | £ | £ | ||
| Incoming resources | ||||||
| Charitable Trading | , | |||||
| Rental Income | 303,390 | − | 303,390 | 290,383 | ||
| Income from Solace Women's | Aid | [2] | 84,915 | − | 84,915 | 82,308 |
| Grant Income (LAWA) | [2] | 71,499 | − | 71,499 | − | |
| Fund −Grant Income (Bromley | & Croydon) | [2] | − | 8,033 | ||
| Management Fee −Metropolitan Thames Valley Housing | 7,514 | 7,514 | − | |||
| Other Income | ||||||
| Bank Interest | 380 | − | 380 | 459 | ||
| Sundry Income | 905 | − | 905 | 3,927 | ||
| TOTAL INCOMING RESOURCES | 468,603 | 0 | 468,603 | 385,110 | ||
| RESOURCES EXPENDED | ||||||
| Costs of Charitable Activities | [3] | 417,003 | − | 417,003 | 358,990 | |
| Governance Costs | [4] | 10,418 | − | 10,418 | 6,168 | |
| TOTAL RESOURCES EXPENDED | 427,421 | − | 427,421 | 365,158 | ||
| Surplus /(Deficit) for the year | 41,182 | 0 | 41,182 | 19,952 | ||
| Before transfers between funds | ||||||
| Transfers between Funds | ||||||
| − | − | − | ||||
| Total Funds Brought forward | 165,490 | − | 165,490 | 145,537 | ||
| Total Funds Carried forward | 206,672 | 0 | 206,672 | 165,490 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| NOTES | 2 | ||||
| Fixed assets | |||||
| Tangible Assets | [08] | 2,626 | 1,633 | ||
| Current assets | |||||
| Debtors | [09] | 16,632 | 11,932 | ||
| Cash at bank and in hand | 243,079 | 190,217 | |||
| 259,710 | 202,150 | ||||
| Creditors: Amount falling due within one year | [10] | (55,665) | (38,293) | ||
| Net current assets | 204,046 | 163,857 | |||
| Net asset | 206,672 | 165,490 | |||
| Funds | |||||
| Unrestricted Funds | [11] | 206,672 | 165,490 | ||
| Restricted Funds | [12] | ||||
| Total Funds | 206,672 | 165,490 |
| 2. Income | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| Funds | Funds | Total | Total | |
| £ | £ | £ | £ | |
| Receipts from Solace Women's Aid | 84,915 | 0 | 84,915 | 82,308 |
| Grant Aid from MHCLG via LAWA | 71,499 | 0 | 71,499 | |
| 156,414 | 0 | 156,414 | 82,308 |
| st of Charitable Activities | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |||
| Funds | Funds | Total | Total | |||
| £ | £ | £ | £ | |||
| Staff Costs | Note 6 | 200,493 | 0 | 200,493 | 192,694 | |
| Premises Costs | 82,729 | 0 | 82,729 | 55,677 | ||
| Office Costs | 22,771 | 0 | 22,771 | 21,535 | ||
| Miscellaneous Expenses | 17,154 | 0 | 17,154 | 3,362 | ||
| Housing Management Expenses | 88,753 | 0 | 88,753 | 77,610 | ||
| Training and Management Committee Expenses | 940 | 0 | 940 | 6,193 | ||
| Travelling and transport | 1,090 | 0 | 1,090 | 764 | ||
| Bank Charges | 810 | 0 | 810 | 745 | ||
| Depreciation of Fixed Assets | 656 | 0 | 656 | 408 | = | |
| Staff Expenses | 1,605 | 0 | 1,605 | 0 | ||
| 417,003 | 0 | 417,003 | 358,990 |
| vernance Costs | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| Funds | Funds | Total | Total | |
| £ | £ | £ | £ | |
| Payroll and Bookkeeping Fees | 602 | 0 | 602 | 598 |
| Independent Examiner's Fees | 2,040 | 0 | 2,040 | 1,680 |
| Accountancy fees | 3,500 | 0 | 3,500 | 2,500 |
| Legal and Professional Fees | 4,276 | 0 | 4,276 | 1,390 |
| 10,418 | 0 | 10,418 | 6,168 |
| 6. Employees | ||
|---|---|---|
| 2021 | 2020 | |
| Salaries and Wages | 157,727 | 149,681 |
| Employer's NI contributions | 14,233 | 14,230 |
| Pension | 28,533 | 28,783 |
| 200,493 | 192,694 |
| 8. Tangible fixed assets |
Fixtures & | |
|---|---|---|
| Fittings | Total | |
| Cost | ||
| At 1 April 2020 | 112,719 | 112,719 |
| Additions | 649 | 649 |
| Computer Cost | 1,000 | 1,000 |
| At 31 March 2021 | 114,368 | 114,368 |
| Depreciation | ||
| At 1 April 2020 | −111,086 | 111,086 |
| Charge for the year | 656 | 656 |
| At 31 March 2021 | 111,742 | 111,742 |
| Net book values | ||
| At 31 March 2021 | 2,626 | 2,626 |
| At 31 March 2020 | 1,633 | 1,633 |
| 9. Debtors |
||
| 2021 | 2020 | |
| Debtors −Rent Receivable | 16,631 | 11,932 |
| 16,632 | 11,932 |
| 10. Creditors: amounts falling due within one year | ||
|---|---|---|
| 2021 | 2020 | |
| Other Creditors and Deferred Income | 17,007 | 25,717 |
| Other Taxation and Social Security | (0) | 3,837 |
| Accruals | 38,658 | 8,740 |
| 55,665 | 38,293 |
| 11. Unrestricted funds |
Opening | Closing | |||
|---|---|---|---|---|---|
| Balance | Income | Expenses | Transfers | Balance | |
| Renewal and replacement fund | 21,953 | 0 | 21,953 | ||
| Internal decoration fund | 18,000 | 0 | 18,000 | ||
| Employers contractual obligations | 71,000 | 4,000 | 75,000 | ||
| Residents recreation | 2,000 | (2,000) | 0 | ||
| Hardship | 4,000 | 2,000 | 0 | 6,000 | |
| Project and capacity building fund' | 18,000 | 0 | 18,000 | ||
| Total Designated Funds | 134,953 | 2,000 | 0 | 2,000 | 138,953 |
| General funds | 30,536 | 468,603 | (427,421) | (4,000) | 67,719 |
| Total Unrestricted Funds | 165,490 | 470,603 | (427,421) | (2,000) | 206,672 |
| Opening | Closing | |||||
|---|---|---|---|---|---|---|
| Balance | Income | Expenses | Transfers | Balance | ||
| £ | £ | £ | £ | £ | ||
| 0 | 0 | 0 | 0 | 0 |
| Analy | sis of Net Assets Between Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Fixed | Assets | 2,626 | 0 | 2,626 | 1,633 |
| Cash | at bank and in hand | 243,079 | 0 | 243,079 | 190,217 |
| Other | net current assets/(liabilities) | (39,033) | 0 | (39,033) | (26,361) |
| 206,672 | 0 | 206,672 | 165,490 |
| safe accommodation Covid−19 emergency support. The following table illustrates what has been used for these purposes. |
the money was awarded f | or and that it |
|---|---|---|
| Grant | Grant spent | |
| Staffing cover | 21,120 | 20,825 |
| (cost of additional staff hours and to cover Covid−19 related absences) | ||
| Additional Covid−19 related costs | 30,334 | 30,629 |
| (such as deep cleaning and the purchasing of essential | ||
| items and hardship for service users) | ||
| Office equipment related costs | 4,819 | 4,819 |
| (to enable remote working where relevant) | ||
| Other costs | 15,226 | 15,226 |
| (additional clinical supervision, IT remote support, monitoring | ||
| and evaluation and management and admin costs) | ||
| 71,499 | 71,499 |