| Page | ||||
|---|---|---|---|---|
| Report oftbe Trustees | 1 | to | 9 | |
| Report ofthe Independent Auditors |
10 | to | 13 | |
| Statement ofFinancial | Activities | 14 | ||
| Balance Sheet | ||||
| Cash Flow Statement | 16 | |||
| Notes to the Cash Flow Statement | 17 | |||
| Notes to the Financial | Statements | 18 | to | 29 |
| Detailed Statement of | Financial Activities | 30 | to | 31 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | E | f. | 6 | 6 | |||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 3,985 | 3,985 | 56,995 | ||
| Charitable | activities | ||||||
| Charitable | 374,062 | 2,707,030 | 3,081,092 | 1,938,013 | |||
| Investmcnt | income | 167 | 167 | 110 | |||
| Other income | 64,445 | 64,445 | 66,047 | ||||
| Total | 442,659 | 2,707,030 | 3,149,689 | 2,061,165 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | 488,019 | 2,574,235 | 3,062,254 | 1,972,418 | |||
| Other | 66,047 | ||||||
| Total | 488,019 | 2,574,235 | 3,062,254 | 2,038,465 | |||
| NET INCOME/(EXPENDITURE) | (45,360) | 132,795 | 87,435 | 22,700 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought forsvard | 351,051 | 32,066 | 383,117 | 360,417 | ||
| TOTAL FUNDS CARRIED FORWARD | 305,691 | 164,861 | 470,552 | 383,117 |
| 31 | March 2022 | |||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.32I | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | f | f | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 13 | 140,130 | 140,130 | 282,810 | ||
| CURRENT ASSETS | ||||||
| Debtors | 14 | 1,475,006 | 1,475,006 | 184,987 | ||
| Cash at bank and in hand | 696,551 | 164,861 | 861,412 | 1,474,358 | ||
| 2,171,557 | 164,861 | 2,336,418 | 1,659,345 | |||
| CREDITORS | ||||||
| Amounts falling |
due within one year | 15 | (1,923,635) | (1,923,635) | (1,437,431) | |
| NET CURRENT ASSETS | 247,922 | 164,861 | 412,783 | 221,914 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 388,052 | 164,861 | 552,913 | 504,724 | ||
| CREDITORS | ||||||
| Amounts falling |
due atter more than one year | 16 | (82,361) | (82,361) | (121,607) | |
| NET ASSETS | 305,691 | 164,861 | 470,552 | 383,117 | ||
| FUNDS | 19 | |||||
| Unrestricted fimds |
305,691 | 351,051 | ||||
| Restricted funds | 164,861 | 32,066 | ||||
| TOTAL FUNDS | 470,552 | 383,117 |
| Cash Flow for the Year Ended |
Statement 31March 2022 |
||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Notes | f | ||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
(745,175) | 1380,932 | |||
| Interest paid | (14,018) | (10,853) | |||
| Net cash (used in)/provided | by operating | activities | (759,193) | 1,270,079 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets Sale oftangible fixed assets |
(63,451) 251,277 |
(34,137) | |||
| Interest received | 167 | 110 | |||
| Net cash provided by/(used |
in) investing | activities | 187,993 | (34,027) | |
| Cash flows from financing | activities | ||||
| New loans in year | 153,125 | ||||
| Loan repayments in year |
(41,746) | (13,760) | |||
| Net cash (used in)/provided | by financing | activities | (41,746) | 139,365 | |
| Change in cash and cash equivalents | in | ||||
| the reporting period |
(612,946) | 1,375,417 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | 1,474,358 | 98,941 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
861,412 | 1,474,358 |
| RECONCIL | IATIO | N |
OFN | ET INCOME TO NET CASH FLOW FROM O | PERATING A | CTIVITIES | ||
|---|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||||
| f. | f | |||||||
| Nct income | for thc | reporting | period (as per tbe Statement ofFinancial | |||||
| Activities) | 87,435 | 22,700 | ||||||
| Adjustments | for: | |||||||
| Depreciation | charges | 18,632 | 16,760 | |||||
| Profit on disposal offixed assets | (61P77) | |||||||
| Interest received | (167) | (110) | ||||||
| Interest paid | 14,018 | 10,853 | ||||||
| Gncrease)/decrease | in debtors | (1390,019) | 96,949 | |||||
| Increase in creditors | 486,203 | 1,133,780 | ||||||
| Net cash (used in)/provided | by operatioas | (745,175) | 1,280,932 | |||||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||||
| f. | ||||||||
| Net cash | ||||||||
| Cash at bank | and in | band | 1,474,358 | (612,946) | 861,412 | |||
| 1,474,358 | (612,946) | 861,412 | ||||||
| Debt | ||||||||
| Debts falling | due within | I year | (40,214) | (40,214) | ||||
| Debts falling | due after 1 | year | (121,607) | 39,246 | (82,361) | |||
| (161,821) | 39,246 | (122,575) | ||||||
| Total | 1,312,537 | (573,700) | 738,837 |
| DONATIONS AND LEGA |
CIES | ||
|---|---|---|---|
| 31.3.22 | 313.21 | ||
| Donations | 3,985 | 56,995 | |
| INVESTIVIKNT INCOME | |||
| 31.3.22 | 31.3.21 | ||
| I | |||
| Deposit account iaterest | 167 | 110 | |
| INCOME FROM CHARITABLE ACTIVITIES | |||
| 313.22 | 31.3.21 | ||
| Activity | f | ||
| Individual Client Payments |
Charitable | 178,980 | 153,121 |
| Contract Client Payments | Charitable | 2,612,746 | 1,458,633 |
| Grants | Charitable | 289,366 | 326,259 |
| 3,081,092 | 1,938,013 | ||
| OTHER INCOME | |||
| 313.22 | 31.3.21 | ||
| f | |||
| Gain on sale oftangible fixed | assets | 61,277 | |
| CJRS Income | 2,493 | 66,047 | |
| Other income | 675 | ||
| 64,445 | 66,047 |
| Support | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Direct | costs (sec | ||||||||
| Costs f |
note 7) | Totals | |||||||
| Charitable | 2,903,872 | 158,382 | 3,062,254 | ||||||
| 7. | SUPPORT | COSTS | |||||||
| Governance | |||||||||
| Management 8 |
Finance f |
costs f |
Totals I |
||||||
| Charitable | 149,185 | 738 | 8,459 | 158,382 | |||||
| Support costs, included | in the above, | are as | follows; | ||||||
| 31.3.22 | 31.3.21 | ||||||||
| Total | |||||||||
| Charitable | activities | ||||||||
| f | |||||||||
| Wages | 117,720 | 50,116 | |||||||
| Social security | 7,943 | 4,492 | |||||||
| Pensions | 6,166 | 4,220 | |||||||
| Rates and | water | 204 | 426 | ||||||
| Insurance | 869 | 424 | |||||||
| Light and | heat | 86 | 90 | ||||||
| Telephone | 1,676 | 1,345 | |||||||
| Postage and | stationery | 151 | 120 | ||||||
| Advertising | 1,811 | 1,154 | |||||||
| Sundries | 1,610 | 698 | |||||||
| StaffExpenses | 3,832 | 1,054 | |||||||
| Repairs and | renewals | 1,934 | 1,450 | ||||||
| Rent | 3,726 | 3,777 | |||||||
| Legal and | Professional | 526 | |||||||
| Depreciation | oftangible | and heritage | assets | 931 | 838 | ||||
| Bank charges | 738 | 571 | |||||||
| Auditors' | remuneration | 4,139 | 4,139 | ||||||
| Accountancy | fees | 4320 | 3,194 | ||||||
| Legal fees | 386 | ||||||||
| 158,382 | 78,494 | ||||||||
| g. | OTHER | ||||||||
| 31.322 | 31.3.21 | ||||||||
| f | f | ||||||||
| Furloughed | Staff | 66,047 |
| 31.3.22 | 31.321 | ||
|---|---|---|---|
| f | f | ||
| Auditors' | remuneration | 4,139 | 4,139 |
| Depreciation -owned assets |
16,131 | 16,761 | |
| Surplus | on disposal offixed assets | (61,277) |
| STAFFCOSTS | |||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.321 | ||||||
| f | f | ||||||
| Wages and salaries | 2354,398 | 1,484,644 | |||||
| Social security costs | 158,850 | 91,409 | |||||
| Other pension costs | 123,317 | 81,773 | |||||
| 2,636,565 | 1,657,826 | ||||||
| The average monthly | number ofemployees | during the year was | as follows: | ||||
| 31.3.22 | 3).321 | ||||||
| All employees | 108 | 87 | |||||
| The number ofemployees | whose employee | benefits (excluding | employer | pension | costs) exceeded | f60,000 was; | |
| 31.3.22 | 31.3.21 | ||||||
| f60,001 - 870,000 | I |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| fundI | fund | funds f |
|||
| INCOME | AND ENDOWMENTS FROM | ||||
| Dooations | and legacies | 56,818 | 177 | 56,995 | |
| Charitable | activities | ||||
| Charitable | 468,063 | 1,469,950 | 1,938,013 | ||
| Investment | income | 110 | 110 | ||
| Other income | 66,047 | 66,047 | |||
| Total | 524,991 | 1,536,174 | 2,061,165 | ||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Charitable | 426,609 | 1,545,809 | 1,972,418 | ||
| Other | 66,047 | 66,047 | |||
| Total | 426,609 | 1,611,856 | 2,038,465 | ||
| NET INCOME/(EXPENDITURE) | 98382 | (75,682) | 22,700 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds | brought | forward | 252,669 | 107,748 | 360,417 |
| TOTAL FUNDS CARRIED FORWARD | 351,051 | 32,066 | 383,117 |
| TANGIBLE FIXEDASSE | TS | |||||
|---|---|---|---|---|---|---|
| Improvements | Fixtures | |||||
| Long | to | Plant | and | and | ||
| leasehold f. |
property | machinery f. |
fittings f |
Totals f. |
||
| COST | ||||||
| At I April 2021 | 200,000 | 27,811 | 1,352 | 140,166 | 369,329 | |
| Additions | 63,451 | 63,451 | ||||
| Disposals | (200,000) | (200,000) | ||||
| At 31March 2022 | 27,811 | 1,352 | 203,617 | 232,780 | ||
| DEPRECIATION | ||||||
| At 1 April 2021 | 10,000 | 8,407 | 1319 | 66,793 | 86,519 | |
| Charge for year | 5,679 | 7 | 10,445 | 16,131 | ||
| Elimmated on disposal |
(10,000) | (10,000) | ||||
| At 31March 2022 | 14,086 | 1,326 | 77,238 | 92,650 | ||
| NET BOOK VALUE | ||||||
| At 31 March 2022 | ]3,725 | 26 | 126,379 | 140,130 | ||
| At 31March 2021 | 190,000 | 19,404 | 33 | 73,373 | 282,810 |
| 31.322 | 31.3.21 | ||
|---|---|---|---|
| f | |||
| Trade debtors | 1,348,781 | 103,716 | |
| Prepayments | and accrued income | 126425 | 81,271 |
| 1,475,006 | 184,987 |
| 15. | CREDITORS: | AMOUN | T | S | FALLING DUE WITHIN ONE YEAR | FALLING DUE WITHIN ONE YEAR | |
|---|---|---|---|---|---|---|---|
| 31.322 | 31.3.21 | ||||||
| f | |||||||
| Bank loans and | overdralts | (see note 17) | 8,873 | 8,873 | |||
| Other loans (see note 17) | 31,341 | 31,341 | |||||
| Trade creditors | 100,864 | 38,451 | |||||
| Social security | and other | taxes | 49,123 | 30,887 | |||
| Other creditors | 12,201 | 757 | |||||
| Accruals and deferred income |
1,721233 | 1,327,122 | |||||
| 1,923,635 | 1,437,431 | ||||||
| 16 | CREDITORS: | AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | ||||
| 31.3.22 f |
3L321 f |
||||||
| Bank loans (see | note 17) | 33,222 | 41,127 | ||||
| Other loans (see note 17) | 49,139 | 80,480 | |||||
| 82,361 | 121,607 | ||||||
| 17. | LOANS | ||||||
| An analysis ofthe maturity | ofloans is given below. | ||||||
| 3 | 1.3.22 | 31.3.21 | |||||
| f | |||||||
| Amounts falling |
due within | one year on demand: | |||||
| Bank loans | 8,873 | 8,873 | |||||
| Other loans | 31,341 | 31,341 | |||||
| 40414 | 40,214 | ||||||
| Amounts falling |
between | one | and two years: | ||||
| Bank loans - 1-2years | 10,648 | 10,648 | |||||
| Other loans - 1-2years | 31,341 | 31341 | |||||
| 41,989 | 41,989 | ||||||
| Amounts falling |
due between | two and five years: | |||||
| Bank loans - 2-5 years | 22,574 | 30,479 | |||||
| Other loans - 2-5 years | 17,798 | 49,139 | |||||
| 40372 | 79,618 |
| 31.3.22 | 31.321 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Within one year | 74,514 | 73,098 | |||||||
| Between one and | Sve years | 74,514 | 292,392 | ||||||
| In more than five | years | 268,026 | |||||||
| 149,028 | 633,516 | ||||||||
| MOVEMENT | IN FUNDS | ||||||||
| Funding | At | Incoming | Resources | At | . | Incoming | Resources | At | |
| Stream | 01.04.20 | Resources f |
Expended f |
31.03.21 | Resources f |
Expended f |
31.03.22 f |
||
| Unrestricted | |||||||||
| Funds | |||||||||
| General | |||||||||
| Fund | 54,836 | 657,052 | 558,670 | 153,218 | 442,659 | 448,019 | 147,858 | ||
| Total | 54,836 | 657,052 | 558,670 | 153,218 | 442,659 | 448,019 | 147,858 | ||
| Restricted | |||||||||
| Funds | |||||||||
| Conununity | 66,647 | 351,375 | 418,022 | - | 324,877 | 324,877 | |||
| Counselling | 133.931 | 133,931 | 44,589 | 31,756 | 12,833 | ||||
| Domestic | |||||||||
| Abuse | 41,101 | 918,807 | 927,842 | 32,066 | 2,337,564 | 2,217,602 | 152,028 | ||
| Total | 107,748 | 1,404,113 | 1,479,795 | 32,066 | 2,707,030 | 2.574,235 | 164,861 |
| Movement | in funds | Movement | ln funds | |||||
|---|---|---|---|---|---|---|---|---|
| Fundiag | At | Incoming | Resources | At | Incoming | Resources | At | |
| Stream | 01.04.20 f |
Resources f. |
Expended 8 |
31.0321 f |
resources | expended 8 |
31.03.22 | |
| Ambition | for | |||||||
| Aging | ||||||||
| BBC | ||||||||
| Children | in | |||||||
| Need | 40,420 | 40,420 | 34,738 | 34,738 | ||||
| Booth | ||||||||
| Charities | 4,997 | 4,997 | ||||||
| DIE | ||||||||
| Alternative | ||||||||
| Provision | ||||||||
| Innovation | ||||||||
| Fund | 61,085 | 61,085 | ||||||
| GMCA- | ||||||||
| Home Office | 144,347 | 144,347 | 1,256,601 | 1,256,601 | ||||
| GMCA- | ||||||||
| Mo1 Funding | 26,138 | 26,138 | ||||||
| GMCA | ||||||||
| Strive | 26,138 | 313,656 | 313,656 | 26,138 | 285,230 | 311,368 | ||
| GMCVO- | ||||||||
| Walking | ||||||||
| Partnership | 5,000 | 5,000 | 4,239 | 4,239 | ||||
| Henry Smith | ||||||||
| Charities | 53,300 | 53,300 | 47,600 | 47,600 | ||||
| Housing | ||||||||
| First | 14,112 | 14,112 | 13,090 | 13,090 | ||||
| Leatherseller | ||||||||
| s | 35,000 | 35,000 | 15,000 | ]5,000 | ||||
| Leeds and | ||||||||
| Yorkshire | ||||||||
| Housing | 2,500 | 2,500 | ||||||
| Lloyds Bank | ||||||||
| Foundation | 13,778 | 13,788 | ||||||
| Make A | ||||||||
| Change | 152,028 | 152,028 | ||||||
| Manchester | ||||||||
| City Council- | ||||||||
| CPVA | 14,996 | 14,996 | 145,318 | 145,318 | ||||
| Manchester | ||||||||
| City Council | ||||||||
| -Drive | 80,000 | 80,000 | 170,646 | 170,646 |
| Manchester | |||||||
|---|---|---|---|---|---|---|---|
| City Council | |||||||
| - Onc | |||||||
| Manchester | |||||||
| MSV | |||||||
| Housing | 5,000 | 5,000 | |||||
| Oldham | |||||||
| Social | |||||||
| Action Fund | 5,625 | 5,625 | |||||
| Rayne | |||||||
| Foundation | 20,000 | 20,000 | |||||
| Rochdale | |||||||
| MBC | |||||||
| Salford City | |||||||
| Council- | |||||||
| DAPP | 54,238 | 54338 | 81,357 | 81,357 | |||
| Salford City | |||||||
| Council- | |||||||
| YPDAS | 41,031 | 41,031 | 37,905 | 37,905 | |||
| Salford | |||||||
| Local Area | |||||||
| Committee | |||||||
| SMBC | |||||||
| (Early help | |||||||
| and | |||||||
| Prevention) | 59,151 | 170,639 | 229,790 | 197,169 | 197,169 | ||
| Stockport | |||||||
| Homes | |||||||
| (Prevention | |||||||
| Alliance) | 133,751 | 133,751 | 93,484 | 93,484 | |||
| Stockport | |||||||
| MBC- | |||||||
| Home Otftcc | |||||||
| Match | 14369 | 8,340 | 5,929 | 5,929 | |||
| Sylvia | |||||||
| Adams | |||||||
| Foundation | 4,000 | 4,000 | |||||
| The National | |||||||
| Lottery fund | 9,994 | 9,994 | |||||
| The Gusiness | |||||||
| Partnership | 12,000 | 12,000 | |||||
| The Tutor | |||||||
| Trust | 30,618 | 30,618 | 31,499 | 18,666 | 12,.833 | ||
| Page 27 | continued ... |
| 31.032022 | 3L032021 | ||||
|---|---|---|---|---|---|
| f | 8 | ||||
| Total reserves | 470,552 | 383,117 | |||
| Less: | |||||
| Restricted | funds | 164,861 | 32,066 | ||
| Unrestricted | tangible | fixed assets | 140,130 | 282,810 | |
| Freely available | reserves | 165,561 | 68,241 |
| for the Year Ended | 31March 2022 | |||
|---|---|---|---|---|
| 31.322 | 31.3.21 | |||
| 6 | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Donations | 3,985 | 56,995 | ||
| Investment income |
||||
| Deposit account | interest | 167 | 110 | |
| Charitable activities |
||||
| Individual Client Payments |
178,980 | 153,121 | ||
| Contract Client Payments | 2,612,746 | 1,458,633 | ||
| Grants | 289,366 | 326359 | ||
| 3,081,092 | 1,938,013 | |||
| Other income | ||||
| Gain on sale oftangible | fixed assets | 61,277 | ||
| CJRS Income | 2,493 | 66,047 | ||
| Other income | 675 | |||
| 66,047 | ||||
| Total incoming | resources | 3,149,689 | 2,061,165 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Wages | 2,236,678 | 1,434,528 | ||
| Social security | 150,907 | 86,917 | ||
| Pensions | 117,151 | 77,553 | ||
| Rates and water | 3,872 | 8,088 | ||
| Insurance | 16,508 | 8,060 | ||
| Light and heat | 1,640 | 1,707 | ||
| Telephone | 31,843 | 25,545 | ||
| Postage and stationery | 2,871 | 2474 | ||
| Advertising | 34,416 | 21,919 | ||
| Sundries | 30,586 | 13,263 | ||
| Counsellors | 24,154 | 23,427 | ||
| Student dt Volunteer Expenses |
1,063 | 351 | ||
| Statf Expenses | 72,803 | 20,029 | ||
| Repairs and renewals |
36,744 | 27,544 | ||
| Subscriptions | 18,961 | 19,737 | ||
| Room Hire | 5,666 | 90 | ||
| Rent | 70,788 | 71,765 | ||
| Bad debts | 5,513 | 17,021 | ||
| Legal and Professional | 9,989 | 7,331 | ||
| Long leasehold | 4,750 | |||
| Improvements to |
property | 7,770 | 5395 | |
| Plant and machinery | 8 | 8 | ||
| Cerned forward |
2,879,931 | 1,877,302 |
| 31.3.22 | 31.3.21f | ||
|---|---|---|---|
| Charitable activities |
|||
| Brought forward | 2,879,931 | 1,877,302 | |
| Fixtures and fittings | 9,923 | 5,769 | |
| Bank charges | and interest | 14,018 | 10,853 |
| 2,903,872 | 1,893,924 | ||
| Other | |||
| Furloughed Staff' |
66,047 | ||
| Support costs | |||
| Management | |||
| Wages | 117,720 | 50,116 | |
| Social security | 7,943 | 4,492 | |
| Pensions | 6,166 | 4420 | |
| Rat«s and water | 204 | 426 | |
| Insurance | 869 | 424 | |
| Light and heat | 86 | 90 | |
| Telephone | 1,676 | 1,345 | |
| Postage and | stationery | 151 | 120 |
| Advertising | 1,811 | 1,154 | |
| Sundries | 1,610 | 698 | |
| StaffExpenses | 3,832 | 1,054 | |
| Repairs and renewals |
1,934 | 1,450 | |
| Rent | 3,726 | 3,777 | |
| Legal and Professional | 526 | ||
| Long leasehold | 250 | ||
| Improvements | to property | 409 | 284 |
| Fixtures and |
fiuings | 522 | 304 |
| 149,185 | 70304 | ||
| Finance | |||
| Bank charges | 738 | 571 | |
| Governance | costs | ||
| Auditors' rcinuneration |
4,139 | 4,139 | |
| Accountancy | fees | 4,320 | 3,194 |
| Legal fees | 386 | ||
| 8,459 | 7,719 | ||
| Total resources | expended | 3,062,254 | 2,038,465 |
| Net income | 87,435 | 22,700 |