|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|8|
|Report ofthe Independent
Auditors|9|to|12|
|Statement ofFinancial
Activities||13||
|Balance Sheet||14||
|Cash Flow Statement||15||
|Notes to the Cash Flow Statement||16||
|Notes to the Financial Statements|17|to|29|
|Detailed Statement ofFinancial Activities||30||
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|---|---|---|---|---|---|---|---|
|Operating|Efficiencies||||||Quartile|
|||||Quartile||Quartile||
|||2020/21|2021/22|1|Median|3|Performance|
|Headline
f|social housing cost per unit|f11,742|f10,451|f3,233|f3,891|f5,101|Top|
|Overheads|as%adjusted turnover|N/A|N/A|10.47%|13,35%|16.84%|N/A|
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||||||31/3/22|31/3/21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f.||f.||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||44,546|124|44,670|35,388|
|Charitable
activities|||||||
|Harry Mears House||||124,228|124,228|130,669|
|Vulnerable
Womans|Project||125,259|147,965|273,224|276,026|
|Unsupported
Shared|Accommodation||16,264||16,264|22,612|
|Private Landlord
Partnership||||94,275|94,275|94,806|
|Long Term Support|and Other Properties||12,881|135,181|148,062|139,429|
|Hudson
House||||295,203|295,203||
|Investment
income||4|6523||6,523|5 597|
|Total|||205,473|796,976|1,002,449|704,527|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Harry Mears House||||122,275|122,275|127,700|
|Vulnerable
Womans|Project|||272,687|272,687|274,332|
|Unsupported
Shared|Accommodation||29,515||29,515|33,203|
|Private Landlord
Partnership||||86,518|86,518|96,949|
|Long Term Support|and Other Properties||9,893|64,366|74,259|78,405|
|Total|||39,408|545,846|585,254|610,589|
|NET INCOME|||166,065|251,130|417,195|93,938|
|Transfers between|funds|19|220,978|~220 978)|||
|Net movement
in funds|||387,043|30,152|417,195|93,938|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought|forward||1,697,362|14,616|1,711,978|1,618,040|
|TOTAL FUNDS CARMED FORWARD|||2,084,405|44,768|2 129173|1,711,978|
##
##
||31M|arch 2022||||
|---|---|---|---|---|---|
|||||31/3/22|31/3/21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|f.|||E|
|FIXEDASSETS||||||
|Tangible assets|13|1,132,518||1,132,518|1,055,350|
|CURRENT ASSETS||||||
|Stocks|14||87|87|222|
|Debtors|15|15,852|50,829|66,681|37,991|
|Cash at bank||953,843|50,433|1,004,276|931 117|
|||969,695|101,349|1,071,044|969,330|
|CREDITORS||||||
|Amounts
falling due within one year|16|(17,808)|(31,209)|(49,017)|(98,806)|
|NET CURRENT ASSETS||951,887|70 140|1,022,027|870,524|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||2,084,405|70,140|2,154,545|1,925,874|
|ACCRUALS AND DEFERRED INCOME|18||(25,372)|(25,372)|(213,896)|
|NET ASSETS||2,084 405|44,768|2,129 173|1,711,978|
|FUNDS|19|||||
|Unrestricted
funds||||2,084,405|1,697,362|
|Restricted
funds||||44 768|14,616|
|TOTAL FUNDS||||2,129,173|1,711978|
|||DURHAM|ACTIO|N ON SINGLE HOUS|ING LIMITED||
|---|---|---|---|---|---|---|
|||||Cash Flow Statement|||
||||for the|Year Ended 31March|2022||
||||||31/3/22|31/3/21|
||||Notes||f||
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||144651|366 992|
|Net cash provided
by operating
activities|||||144651|368,992|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(78,015)|(239,327)|
|Sale oftangible fixed assets||||||94,000|
|Interest received|||||6523|5,597|
|Net cash used in investing|activities||||~71492)|~139,730)|
|Change in cash and cash|equivalents||in||||
|the reporting
period|||||73,159|229,262|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||931,117|701,855|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||1,004,276|931,117|
##
##
||||||31/3/22|31/3/21|
|---|---|---|---|---|---|---|
||Net income|for the|reporting|period (as per the Statement ofFinancial|||
||Activities)||||417,195|93,938|
||Adjustments|for:|||||
||Depreciation|charges|||847|848|
||Loss on disposal of||fixed assets|||27,600|
||Interest received||||(6,523)|(5,597)|
||Decrease in|stocks|||135|212|
||(Increase)/decrease||in debtors||(28,690)|2,213|
||(Decrease)/increase||in creditors||L238,313)|249,778|
||Net cash provided||by operations||144,651|368992|
|2.|ANALYSIS|OF CHANGES IN NET FUNDS|||||
|||||At 1/4/21|Cash flow|At 31/3/22|
||||||f||
||Net cash||||||
||Cash at bank|||931,117|73,159|1,004 276|
|||||931,117|73 159|1,004,276|
||Total|||931,117|73,159|1,004 276|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||31/3/22|31(3/21|
||E.||
|Donations|44 6713|35,388|
|INVESTMENT INCOME|||
||31(302|31(3)21|
|Deposit account interest|6,523|5,597|
##
|INCOME|FROM CHARITABLE A|CTIVITIES||||
|---|---|---|---|---|---|
|||Harry|Vulnerable|Unsupported|Private|
|||Mears|Womans|Shared|Landlord|
|||House|project|Accommodation|Partnership|
|||||f.||
|Rents receivable||40,777|118,119|14,205|44,885|
|Service charges||6,749|5,829|2,059|4,297|
|Supporting|people funding|76,702|147,939||45,093|
|HCA Grant||||||
|Sundry income|||1 337|||
|||124 228|273 224|16264|94,275|
##
##
##
|INCOME|FRO|M CHARITABLE ACTIVI|TIES - continued||||
|---|---|---|---|---|---|---|
||||||31/3/22|31/3/21|
||||Long Term||||
||||Support||||
||||and Other|Hudson|Total|Total|
||||Properties|House|activities|activities|
||||||f,||
|Rents receivable|||84,159||302,145|301,470|
|Service charges|||6,196||25,130|27,661|
|Supporting|people funding||57,707||327,441|330,684|
|HCA Grant||||295,203|295,203||
|Sundry income|||||1,337|3 727|
||||148062|293 203|951,256|663 342|
|CHARITABLE||ACTIVITIES COSTS|||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 7)|note 8)|Totals|
||||||f.||
|Harry Mears House||||120,786|1,489|122,275|
|Vulnerable|Womans Project|||271,198|1,489|272,687|
|Unsupported|Shared Accommodation|||28,893|622|29,515|
|Private Landlord||Partnership||85,624|894|86,518|
|Long Term|Support and Other||||||
|Properties||||72,769|1,490|74,259|
|||||579,270|3984|585,254|
|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
||||||31/3/22|31/3/21|
|Staff costs|||||372,843|376,808|
|Housing
management|||||100,220|99,209|
|Housing
services|||||28,599|18,876|
|Personal
services|||||33,305|32,155|
|Support costs|||||38,540|48,323|
|Other costs|||||5,763|30,422|
||||||579,270|605,793|
##
##
##
|SUPPORT|COSTS||
|---|---|---|
|||Governance|
|||costs|
|Harry Mears House||1,489|
|Vulnerable|Womans Project|1,489|
|Unsupported|Shared Accommodation|622|
|Private Landlord
Partnership||894|
|Long Term|Support and Other Properties|~1490|
|||5,984|
##
||||31/3/22|31/3/21|
|---|---|---|---|---|
|||||f.|
|Auditors'|remuneration||5,984|4,796|
|Depreciation||- owned assets|847|848|
|Accountancy||fees||2,575|
|Loss on|disposal offixed assets|||27,600|
##
##
##
|||31/3/22|31/3/21|
|---|---|---|---|
|Wages|and salaries|340,447|346,668|
|Social|security costs|24,308|22,605|
|Other|pension costs|8,088|7 535|
|||372,843|376808|
|The averag|e|inonthly
number ofeinployees
during the yea|r was as follows;||
|---|---|---|---|---|
||||31/3/22|31/3/21|
|Charitable|activities||13|13|
|Management||and administration|5|5|
||||18|18|
##
||Notes to the Financial Statements
-continued
for the Year Ended 31March 2022|Notes to the Financial Statements
-continued
for the Year Ended 31March 2022|Notes to the Financial Statements
-continued
for the Year Ended 31March 2022|||
|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||f|||
||INCOME AND ENDOWMENTS|FROM||||
||Donations
and legacies||35,388||35,388|
||Charitable
activities|||||
||Harry Mears House||53,133|77,536|130,669|
||Vulnerable
Womans Project||126,478|149,548|276,026|
||Unsupported
Shared Accommodation||22,612||22,612|
||Private Landlord
Partnership||49,022|45,784|94,806|
||Long Term Support and Other Properties||81,613|57,816|139,429|
||Investment
income||5,597||5,597|
||Total||373,843|330,684|704,527|
||EXPENDITURE ON|||||
||Charitable
activities|||||
||Harry Mears House|||127,700|127,700|
||Vulnerable
Womans Project|||274,332|274,332|
||Unsupported
Shared Accommodation||33,203||33,203|
||Private Landlord
Partnership|||96,949|96,949|
||Long Term Support and Other Properties||13,702|64,703|78,405|
||Total||46,905|563,684|610,589|
||NET INCOME/(EXPENDITURE)||326,938|(233,000)|93,938|
||Transfers
between
funds||~208,801)|208,801||
||Net movement
in funds||118,137|(24,199)|93,938|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought forward||1,579,223|38,817|1,618,040|
||TOTAL FUNDS CARRIED FORWARD||1,697,360|1461!t|1,711,978|
##
##
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
|||Assets in||||
||Freehold|course of|Motor|Computer||
||property|construction|vehicles|equipment|Totals|
||f.|||f.||
|COST||||||
|At I April 2021|813,975|247,843|14,020|22,422|1,098,260|
|Additions||78,015|||78 015|
|At 31 March 2022|813975|325,858|14,020|22 422|I 176275|
|DEPRECIATION||||||
|At I April 2021||8,516|14,020|20,374|42,910|
|Charge for year||||847|847|
|At 31 March 2022||8 516|14020|21,221|43,757|
|NET BOOK VALUE||||||
|At 31 March 2022|813,975|317,342||1,201|1,132,518|
|At 31 March 2021|813,975|239,327||2,048|I 055,350|
##
|STOCKS||||
|---|---|---|---|
|||31/3/22|31/3)21|
|Stocks||87|222|
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31/3/22|31/3/21|
|||f||
|Trade debtors||3,222|136|
|Prepayments|and accrued income|63,459|37,855|
|||66,681|37,991|
##
##
##
##
|CREDITORS: AMO|UNTS FALLING DUE WITHIN|ONK YEAR||
|---|---|---|---|
|||31/3/22|31/3/21|
||||f|
|Trade creditors||31,181|83,561|
|Social security and other taxes||6,908|1,002|
|Other creditors||1,086|6,478|
|Accruals and deferred|income|9,842|7 765|
|||49,017|98866|
##
||31/3/22|31/3/21|
|---|---|---|
||f||
|Within one year|17,045|14,425|
|Between one and five years|~2050|1,875|
||19,095|16,306|
##
|to future p|eriod.
This includes:|||
|---|---|---|---|
|||31/3/22|31/3/21|
|||f||
|Supporting|people funding|8,297|11,249|
|Covid support||13,043|25,245|
|HCA|||177,402|
|Other||4,032||
|||25,372|213 896|
|||31/3/22|31/3/21|
|||f,||
|Balance as at 1"April||213,896|12,473|
|Amounts|released to income|(200,853)|(12,473)|
|Amounts|deferred|12324|213,896|
|Balance as at31"March||25,372|213,896|
##
##
##
|MOVEMEN|T IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1/4/21|in funds|funds|310f22|
||||||E|
|Unrestricted|funds|||||
|General
fund||1,697,362|223,772|(131,932)|1,789,202|
|Restricted
funds||||||
|Restricted fund||14,616|(101,780)|131,932|44,768|
|Restricted fixed asset fund|||295 203||295 203|
|TOTAL FUNDS||1 711979|417 195||2 129 173|
|Unrestricted|funds|||||
##
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##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General fund||||205,473|(39,408)|166,065|
|Restricted funds|||||||
|Restricted fund||||501,773|(545,846)|(44,073)|
|Fixed asset fund||||295,203||295,203|
|||||796976|545,846|251,130|
|TOTAL FUNDS||||1,002,449|~585,254)|417,195|
|Comparatives
for movement||in funds|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At II4/20|in funds|funds|31(3)21|
|Unrestricted
funds|||||||
|General
fund|||1,579,223|326,940|(208,801)|1,697,362|
|Restricted funds|||||||
|Restricted
fund|||38,817|(233,002)|208,801|14,616|
|TOTAL FUNDS|||1 618040|93,938||1 711978|
|Comparative
net movement|in|funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||f.|f.||
|Unrestricted
funds|||||||
|General
fund||||373,843|(46,903)|326,940|
|Restricted funds|||||||
|Restricted fund||||330,684|(563,686)|(233,002)|
|TOTAL FUNDS||||704,527|~610589)|93,938|
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1/4/20|in funds|funds|31/3/22|
|||||||f|
|Unrestricted||funds|||||
|General|fund||1,579,223|493,005|12,177|2,084,405|
|Restricted funds|||||||
|Restricted
fund|||38,817|(277,075)|283,026|44,768|
|Fixed asset fund||||295 203|~295,203)||
||||38,817|18,128|~12177)|44,768|
|TOTAL|FUNDS||1,618 040|511 133||2,129 173|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|||
|Unrestricted
funds|||||
|General
fund||579,316|(86,311)|493,005|
|Restricted|funds||||
|Restricted|fund|832,457|(1,109,532)|(277,075)|
|Fixed asset|fund|295,203||295,203|
|||1,127,660|~1,109532|18,128|
|TOTAL FUNDS||1,706,976|~),)95 843)|511,133|
##
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##
||DURH|AM ACTION ON SINGLE HOUSING LIMITE|D||
|---|---|---|---|---|
|||Detailed Statement ofFinancial Activities|||
|||for the Year Ended 31March 2022|||
||||31/3/22|31/3/21|
|INCOME AND|ENDOWMENTS||||
|Donations
and legacies|||||
|Donations|||44,670|35,388|
|Investment
income|||||
|Deposit account|interest||6,523|5,597|
|Charitable
activities|||||
|Rents receivable|||302,145|301,470|
|Service charges|||25,130|27,661|
|Supporting
people funding|||327,441|330,684|
|HCA Grant|||295,203||
|Sundry income|||1 337|3 727|
||||951,256|663 542|
|Total incoming|resources||1,002,449|704,527|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wages|||340,447|346,668|
|Social security|||24,308|22,605|
|Pensions|||8,088|7,535|
|Housing
management|||100,220|99,209|
|Housing
services|||28,599|18,876|
|Personal services|||33,305|32,155|
|Support costs|||38,540|48,323|
|Other costs|||5,763|30,422|
||||579,270|605,793|
|Support costs|||||
|Governance
costs|||||
|Auditors'
remuneration|||5,984|4,796|
|Total resources expended|||585 254|610,589|
|Net income|||417 195|93,938|