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2021-12-31-accounts

2021 2020
Notes
FIXEDASSETS
Tangible assets 61,470 73,657
CURRENT ASSETS
Debtors 53,986 75,054
Cash at bank and in hand 1,251,163 1,421,835
1,305,149 1,496,889
CREDITORS - due within one year
Other creditors 67,286 171,576
Fees billed in advance 342,605 228,594
Fee deposits 59,600 44,559
469,491 444,729
NET CURRENT ASSETS 835,658 1,052,160
NET ASSETS 897,128 1,125,817
Represented
by:
UNRESTRICTED FUNDS
General 429,341 602,477
Designated
Funds		 467,787 523,340
TOTAL CHARITY FUNDS 897,128 1,125,817

Unrestricted Funds Total Unrestricted
Funds
General Designated 2021 Total 2020
INCOME FROM: Note g g g
Charitable
activities		 —accommodation 740,984 740,984 731,076
Donations
and legacies		 1,400 1,400 215
Investments 707 707 4,129
Other Income 8,472 8,472 28,224
Total 751,563 751,563 763,644
EXPENDITURE ON:
Charitable
activity - provision ofaccommodation		 5 924,699 55,553 980,252 1,078,539
NET MOVEMENT IN FUNDS (173,136) (55,553) (228,689) (314,895)
RECONCIL1ATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD 602,477 523,340 1,125,817 1,440,712
TOTAL FUNDS CARRIED FORWARD 429,341 467,787 897,128 1,125,817

2021 2020
Cash flows from operating activities:
Net (expenditure)
for the reporting		 period (228,689) (314,895)
Depreciation
charges		 12,187 6,027
Dividends
and interest		 (707) (4,129)
Decrease/(increase)
in debtors		 21,068 (54,939)
Increase in creditors 24,762 90,472
Net cash (used in) operating activities (171,379) (277,464)
Cash flows from investing activities:
Dividends
and interest
Purchase oftangible
fixed assets		 707 4,129
(79,681)
Net cash provided
by/(used		 in) investing activities 707 (75,552)
Change in cash and cash equivalents in the year (170,672) (353,016)
Cash and cash equivalents at the beginning ofthe 1,421,835 1,774,851
year
Cash and cash equivalents at the end of the year 1,251,163 1,421,835
Analysis ofcash and cash equivalents 2021 2020
K
Cash at bank and in hand 733,686 904,815
Notice deposits 517,477 517,020
Total cash and cash equivalents 1,251,163 1,421,835
Analysis ofchanges in net funds
At 1 Other At 31
January non-cash December
2021 Cash flows changes 2021
g g
Cash and bank/deposits 1,421,835 (170,672) 1,251,163

2. FIXEDASSETS Improvements to Furmture Plant
Long Leasehold And And
Property Fittings Equipment Total
8 8
Cost
At
1 January 2021		 22,355 26,898 218,694 267,947
Additions
At 31 December 2021 22,355 26,898 218,694 267,947
Depreciation
At
1 January 2021		 22,354 14,843 157,093 194,290
Charge for the year 6,027 6,160 12,187
At 31 December 2021 22,354 20,870 163,253 206,477
Net Book Value
At 31 December 2021 6,028 55,441 61,470
At 31 December 2020 12,055 61,601 73,657
3. DEBTORS 2021 2020
Trade debtors
VAT recoverable		 9,257
39,402		 3,226
32,509
Prepayments
Other debtors		 5,327 11,214
28,105
53,986 75,054
4. OTHER CREDITORS 2021 2020
Trade creditors
Accruals
Other taxes and social security		 26,086
23,016
18,184		 76,002
95,574
67,286 171,576

ANALYSIS OF EXPENDITUR E
Other Total Total
Staff Costs
g		 Costs Depreciation 2021 2020I
Charitable
Activity:
Provision ofaccommodation:
Welfare and catering 186,131 272,903 459,034 386,727
Premises costs 55,839 232,363 12,187 300,389 450,910
Support costs 130,293 70,932 201,225 220,346
Governance
costs		 19,604 19,604 20,556
372,263 595,802 12,187 980,252 1,078,539
2020 COMPARATIVE Other Total
Staff Costs Costs Depreciation 2020
Charitable
Activity:
Provision ofaccommodation:
Welfare and catering 160,845 225,882 386,727
Premises costs 48,254 396,629 6,027 450,910
Support costs 112,592 107,754 220,346
Governance
costs		 20,556 20,556
321,691 750,821 6,027 1,078,539
2021 2020
Governance
costs include:
Audit fees 11,750 11,000
Other fees payable
to the auditors		 1,200 1,963
STAFF AND TRUSTEE REMUNERATION AND BENEFITS
2021 2020
Staff costs include:
Wages and salaries 313,029 258,910
National
Insurance		 27,547 21,165
Pension 7,079 4,420
Agency staff 24,608 37,196
372,263 321,691
The average number ofemployees during the year was 14
No employee
earned over f60,000		 in the year (2020 —none).

DESIG NATED FUNDS
Balance I Transfer Balance 31
January from/(to) December
2021 Income Expenditure General Fund 2021
g 8
Building Capital Fund 503,340 (55,553) 447,787
Bursary Fund 20,000 20,000
523,340 (55,553) 467,787
2020 COMPARATIVE
Balance 1 Transfer Balance 31
January from/(to) December
2020 Income Expenditure General Fund 2020
K K
Building Capital Fund 831,543 (266,603) (61,600) 503,340
Bursary Fund 20,000 20,000
851,543 (266,603) (61,600) 523,340

ANAL YSIS OF NET ASSETSBETWEEN FUNDS
General Designated Total
2021 Funds Funds Funds
8
Fixed assets 61,470 61,470
Current assets 837,362 467,787 1,305,149
Current liabilities (469,491) (469,491)
429,341 467,787 897,128
2020 COMPARATIVES General Designated Total
Funds Funds Funds
8
Fixed assets 73,657 73,657
Current assets 973,549 523,340 1,496,889
Current liabilities (444,729) (444,729)
602,477 523,340 1,125,817

At the year end, the charity had future minimum lease payments under
non-cancellable operating leases as follows: 2021 2020
g g
Within one year 18,890 12,117
Within two to five years 65,376 2,510
84,266 14,627

Unrestricted Funds Total
General Designated 2020
INCOME PROM: g K g
Charitable
activities
—accommodation
Donations
and legacies		 731,076
215		 731,076
215
Investments
Other Income		 4,129
28,224		 4,129
28,224
Total 763,644 763,644
EXPENDITURE ON:
Charitable
activities - provision ofaccommodation		 811,936 266,603 1,078,539
Net (expenditure)
before transfers		 (48,292) (266,603) (314,895)
Transfers
between
funds		 61,600 (61,600)
NET MOVEMENT IN FUNDS 13,308 (328,203) (314,895)
RECONCILIATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD 589,169 851,543 1,440,712
TOTAL FUNDS CARRIED FORWARD 602,477 523,340 1,125,817