2022-01-31-accounts - The Azure Charitable Foundation

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REGISTERED OFFICE	McCallum	House
	Kielder Avenue
	Cramlington
	Northumberland
	NE23 BJT
INDEPENDENT AUDITOR	UNW LLP
	Chartered	Accountants
	Citygate
	St James'	Boulevard
	Newcastle	upon Tyne
	NE1 4JE
BANKERS	Lloyds Bank pic
	Newcastle	upon Tyne
	NE16AG
SOLICITORS	Muckle LLP
	32 Gallowgate
	Newcastle	upon Tyne
	NE14SN

	Starts	Completed
2016/17
2017/18
2018/19
2019/20	15	15
2020/21	23	22
2021/22	33	Pending

		Uulestvkted	Restrkted	Cop its I	2022	2021
	Note	Flrnde	Fonda	Funds	TotalFunds	Total Funds
						as restatedI
INCOME
Donations and Legacies		4,241	2,250		6,491	13,772
Inmme from chadtable activities:
Prov son ofclnnt serfres		4,D9D,665			4,090,665	3,934,061
Grants receivable		463,286			463,286	577,066
Income from other tradmg a*britiest
Commer«lal trading activities		4,207/443			4,207443	3,853,059
Other incoming resources:
Investment income						10
Other Incomet
Surplus on disposal of axed assets		105			105
TOTAL INCOME		8,765,739	2,250		8,767,989	8,377,968
EXPENDITUREt
Costs ofraising funds:
Commercial trading operations		3,422,717			3,422,717	3,450,714
Expenditure on charitable aaivitiest
Operation ofclient services		4,606,950	2,250		4,609,200	4,375,801
Other expenditure:
Deficit on disposal oflixed assets						41,001
TOTAL EXPENDITURE		8,029,667	2,250		8,D31,917	7,867,516
NET INCOME / (EXPENDITURE)		736,072			736,072	stgr452
NET MOVEMENT IN FUNDS		736,072			736,072	510,452
RECDNCILIATION OF FUNDS
Total funds brought forward	21	3,285,363			3,286,363	2,774,911
Total funds cerned forward	21	4,021,435			4,021,435	3,285,363

			Dismntinued	Contmued	Total	Dlscoiitliined	Coiitliiued	Total
		Note	Aaivdies	Activhies	Funds	Activities	Actlvithia	Funds
			2022	2022 F.	2022 F.	2021 8	2021 6	2021I
INCOME
Donations and Legacies				6,491	6,491		13,772	13,772
Income rrom charitable ectivitiest
Provisnn ofclent services				4,090,665	4,090,665		3,934,061	3,934,061
Grants receivable				463,286	463,286		577,066	577,066
Income from other trading	ectivitiesi
Commercial trading activities				4,207,443	4,207,443		3,853,059	3,853,059
Other incoming resources:
Investment income							10	10
Other Ineomet
Surplus on disposal of fixed	assets			105	105
TOTAL INCOME				8,767,989	8,767,989		8,377,968	8,377,968
EXPENDITURE:
Expenditure on charitable	acUvities:
Operation of client seivkes				4,609,200	4,609,200		4,375,801	4,375,801
Costs of raising fUiide:
Commercial trading operations				3,422,717	3,422,717	212,912	3,237,802	3,450,714
Dther expendRure:
Defict on disposal of fixed assets						27,269	13,732	41,001
TOTAL EXPENDITURE				8,031,917	8,031,917	240,181	7,627,335	7,867,516
NET INCOME / (EXPENDITURE)				736,072	736,072	(240,181)	750,633	510,452
TRANSFERS SETWEEN FUNDS		19
NET MOVEMENT IN FUNDS				736,072	736,072	(240,181)	750,633	510,452

					Group	Group	Chanty	Charity
					2022	2021	2022	2021
				Notes		I	F.
FIXEDASSETS
Tangible assets				11	3,030,280	3,126,831	2,200,570	2,245,315
Investments				12			2	2
					3,030,280	3,126,831	2,200,572	2,245,317
CURRENT ASSETS
Stocks				13	495,207	310,261
Debtors				14	575,285	446,503	473,874	356,828
property held for	sale
Cash at bank and	in	hand			1,077,274	602,107	111,438	144,605
					2,147,766	1,358,871	585,312	501,433
CURRENT LIABILITIES
Creditors - amounts		falling due
within one year				15	1,091,564	993,256	657,270	973,772
NET CURRENT (LIABILTIES)ASSETS					1,056,202	365,616	(71,958)	(472,339)
TOTAL ASSETS	LESSCURRENT LIABILITIES				4,086/82	3,492,447	2,128,614	1,772,978
Loans and hire purchase			agreements	16	65,047	157,086	65,047	157,086
NET ASSETS					4g021g435	3335361	2g063~567	I 615892
FUNDS OF THE CHARITY
Restricted funds				22
Unrestricted funds				22	4,021,435	3,285,363	2,063,567	1,615,892
TOTAL FUNDS				22	4,021,435	3,285,363	2,063,567	1,615,892

Freehold land			-no depreciation
Long leasehold	land		-period ofthe lease
Freehold/ long	IEshort leasehold	buildings	-50/40 years straight	line or over the term ofthe lease
Garden centre	roof and improvements		-10years straight line
Plant and fixtures			-5/10 years straight	line
Motor vehicles			-4years straight line
Equipment			-3years straight line
Fixtures and fittings			-5 years straight line

					Unrestricted			Restricted
								E
Covenants		F100and	under		400	Damant	ML	2,250
Donations		5100 and	under		590
Morpeth	District Gardening			Club	220
Anonymous		General	Donation		250
Boogie	nights				481
Handley	Charitable Trust				1,000
Document		Solutions	Limited		1,200
Gift Aid	on	covenants			100
					~4241			2 210
For the	Year Ended 31stJanuary 2021				~2722

4. INCOME
					2022	2021
COMMERCIAL TRADING ACTIVITIES					6	I
Commerdal operations - Unmstrkted		Funds
Garden Centre				3,666,136
Less: Sales to Charity
Net Garden Centre Sales					3,664,851	3,152,432
Nursery					28,190	106,769
Printing Less: Internal Sales Sales to Garden Centre						87,863 (183) ~6
Net Printing Sales						87,444
Landscapes				342,105		332,319
Less: Internal Landscaping
Net Landsca pes Sales					337,305	327,519
Azure Business Centres				184,803		189,990
Less. Sales to Charity						(12,159)
					17S,760	177,831
Feed In Tarily Income						1,064
					4,207,443	3,853,059
CHARITABLE AClIVITIES Provision ofdient services - Unrestrkted			Funds		2022 6	2021I
Rental Income					55,320	51,579
Department for Work and Pensions					82,261	81,836
Education Funding Agency					350,706	211,345
Sunderbnd City Counul					609,960	582,017
Newcastle Social Services					1,193,894	1,285,898
Northumberland County Council					1,668,500	1,661,741
Miscellaneous					130,024	59,645
					4i090i665	3934061
Grants receivable - Unrestricted	Funds
DWP - Supported Business Grant					154,975	149,414
DWP - Coronavirus Job Retention	Scheme				11,565	90,225
Infection Control Grant					67,320
Client Direct Payments					229,425	337427
					463,286	577,066

							2022f	2021f
Business	Premium	Account	—Azure	Business	Centres	Limited		10
								10

COMMERCIAL TRADING ACTIVITIES	COMMERCIAL TRADING ACTIVITIES	2022 E	2021f
Cost ofgoods sold		2,056,754	1,640,056
Employment	costs	780,713	1,114,176
Depreciation		78,049	79,219
Rent 6rates		6,099	7,195
Advertising		39,797	25,505
Heat, light and water		84,114	53,256
Insurances		40,709	40,755
Training		2,634	1,201
Other		174,366	340,678
Governance	costs	11,537	9,485
Support costs
		3

			ProvNion ofdMnt	ProvNion ofdMnt	services:
			Unnsstricted	Restricted
			Funds	Funds	2022	2,021
			6		Total	Total
Employment	costs		3,337,527		3,337,527	3,392,389
Depreciation Rent 6 rates			5,260 44,251		5,260 44,251	400 49,893
Advertising			740		740	364
Heat, light and water			10,896		10,896	11,002
Insurances			44,936		44,936	24,231
Trainee allowances		and travel	22,056		22,056	14,780
Residents' training		and holidays	308	2,250	2,558	1,654
Other			636,493		636,493	442,892
Governance	costs		36,496		36,496	27,954
Support costs			467,988		467,988	410,241
			4,606,950	2,250	4,609,200	4,375,801
For the Year	Ended	31st)anuary 2021	4 374 751	1050

SUMMARY ANALYSIS	OF EXPENDITURE AN	D RELATED INCOME FROM CHARITASLE ACTIVITIES	D RELATED INCOME FROM CHARITASLE ACTIVITIES	D RELATED INCOME FROM CHARITASLE ACTIVITIES	D RELATED INCOME FROM CHARITASLE ACTIVITIES
This table shows the cost	ofthe main charitable	activities and the sources ofincome directly to support those activities:
		Pmvtslon ofclient		services:
		Unrestricted	Restrkted
		Funds	Funds	2022	2021
			6	6	I
Costs (as above)		(4,606,950)	(2,250)	(4,609,200)	(4,375,801)
Service level agreements	and direct payments	4,090,665		4,090,665	3,934,061
Grants receivable
—Indirect / Ad-hoc
- Direct grant support		463,286		463,286	577,066
Net cost funded from other income		(53,000)	(2,250)	(55,250)	135,326

					Analysis	or	support snd	9ovemsnce	costs:
					eenerel	eovemence		2022	2021
					suppok		ruhseloh	Total	Total	essa orsppoklonment
							6	6	6
Employment	costs				433,882		27,726	461,608	413,528	Pro-rata to staff time
oeprecanon					44,447		2,840	47,287	43,529	Pro-rata to stafF time
Interest					2,398		153	2,551	11,725	Pro-rata to staff time
Power					18,205		1,163	19,368	22,645	Pro-rata to stolr time
lnsuronces					(2,044)		(131)	(2,175)	3,500	Pro-rata to staff time
Restricted Funds										Pro-rata to stsff time
Other					59,184		3,782	62,966	48,223	Pro-rata lo stafF time
Audit lees							12,500	12,500	8,050	Pro-rata to staff time
regs l8other	profess lonol costs				59,860			59,860	35,669	Pro-rote to staff time
					615,932		48,033	663,965	586,869
For the Year	Ended		31st )onus	ry 2021	549430		37439
9. NET		INCOME/		(EXPENDITURE) FOR		THE YEAR
										2022	2021f
The group	surplus/deficit			is after charging:
Operating leases										26,271	47,977
Depreciation					Owned		assets			119,997	108,628
					Assets		held under	hire purchase agreel		10,599	12,960
Bank interest		payable			Mortgage interest					2,320	3,642
(Surplus)/Deficit			on disposal offixed assets Office				equipment,	fixtures and fittings		(105)	41,001
Auditor Remuneration					Audit fees ofthe			group		17,500	15,150
					Other		fees ofthe	group		1,400	980

	2022	2021
Staff costs during the year:	E	E
Wages and salaries	4,023,012	4,461,605
Social security costs	305,764	304,673
Other pension costs	251,072	222,835
	4r579r848	4989 113

			2022	2021
			No.	No.
Garden Centn.			37	61
Supported	Living		89	94
Landscapes			13	15
Printing			0	5
Support Services			58	59
Employment	Services		4	3
Education			8	6
Administration			14	15
Azure Business Centres		Limited	2	2
			225	260

loyees earning more than E60,000	per annum;
			2022	2021
E00,000to E90,000				1
E90,000to 6100,000
Defined contribution pension:	Contributions	6	14,706
	Number ofemptryees

management personnel	ofthe parent charity wer	ofthe parent charity wer	e 6483,94	7(2021:6459,27	2).
The key management	personnel of the group		comprise	those of the	parent charity	and the key
management personnel	of	the subsidiary companies who		are the Garden	Centre and Business Centre
Managers whose employee		benefits total 6108,228 (2021:6101,760). The total employee				benefits of key
management personnel	for	the group was therefore 6592 175(2021:6561032).
11A.FIXEDASSETS —GROUP
		Freehold/
		Long ar short		Offic
		lease hold		equipment,
		land and	Plant ai	fixtures	Commerdal	Total
		buildings equipment		Brfittings	vehides
		E	E		6
Cost:
As at 1 February 2021		5,056,622	606,494	729,689	47,770	6,440,575
Additions		28,529		5,516		34,045
Disposals					(10,000)	(10,000)
As at 31January 2022		5,085,151	606,494	735,205	37,770	6,464,620
Depreciation:
As at 1 February 2021		2,104,024	445,308	723,723	40,689	3,313,744
Charge for the year		95,556	24,898	3,061	7,081	130,596
On disposals					(10,000)	(10,000)
As at 31January 2022		2 199580	470~206	726 784	37~770	3,434,340
Net book value:
As at 31January 2022		2,885,571	136,288	8,421		3,030,280
As at 31January 2021		2,952,598	161,186	5,966	7,081	3,126,831

11B.FIXEDASSETS —CHART	IY
	Freehokl/
	Long		Office
	leasehold		equipment,
	land and	Plant lk	fixtures ai	Commercial	Total
	buildings	equipment	fittings	vehicles
	6		E
Cost:
As at 1 February 2021	3,600,254	310,285	350,302	47,770	4,308,611
Additions	28,529		5,516		34,045
DispesaIs				(10,000)	(10,000)
As at 31January 2022	3,628,783	310,285	355,818	37,770	4,332,656
Depredation:
As at 1 February 2021	1,371,732	305,987	344,888	40,689	2,063,296
Charge for the year	63,818	5,383	2,508	7,081	78,790
Transfers
On disposals				(10,000)	(10,000)
As at 31January 2022	1,435,550	311,370	347,396	37,770	2,132,086
Net book value:
As at 31January 2022	2,193,233	(1,085)	8,422		2,200,570
As at 31January 2021	2,228,522	4,298	5,414	7,081	2,245,315

A summ	ary	oft	results of	Azure Garden Centre Limited is s	hown below	:
						2022	2021
						5	6
Turnover						3,605,666	2,949,262
Cost ofsales, administrative Other operating income			expenses	and interest		(2,977,700) 60,469	(2,719,943) 203,702
						688,435	433,021
A summary		ofthe balance	sheet position of Azure Garden Centre Limited		is shown
below:						2022	2021
						5	6
Fixed Assets						172,039	193,397
Current	Assets					1,401,175	841,241
Current	Liabilities					(630,270)	(389,704)
Net Assets						942,944	644,934

A summ	ary	oft	he trading	results of	Azure Business Centres Lim	ited is	shown belo	w:
								2022	2021
								E	6
Turnover								183,593	174,236
Cost of	sales, administrative			expenses	and interest			(147,569)	(117,005)
Other operating			income					1,210	15,764
Taxation
								37,234	72,995
A summary		ofthe balance		sheet position ofAzure Business Centres		Limited	is shown
below:								2022	2021
								E	6
Fixed Assets								657,672	688,120
Current	Assets							393,063	363,007
Current	Liabilities							(31,411)	(26,590)
Net Assets								1,019,324	1,024,537

					Group		Charity
					2022	2021	2022	2021
					6	E	E	6
Garden	Centre	-	see	below	495,207	310,261
					495,207	310,261

			6rotsp		Charity
			2022	2021	2022	2021
			E	E	E	E
Trade debtors			380,965	294,360	300,901	217,175
Other debtors			10,059	6,444	9,654	391
Prepayments	and accrued	income	184,261	145,699	163,319	139,262
			575,285	446,503	473,874	356,828

					Group			Charhy
					2022 6	2021I		2022 6	2021I
Trade debtors					380,965	294,360	300,901		217,175
Other debtors					10,059	6,444		9,654	391
Prepayments	and accrued income				184,261	145,699	163,319		139,262
					575,285	446,503	473,874		356,828
16.CREDITORS: amounts			falling due within one year
					Group			Chadty
					2022 5	2021I		2022 F.	2021I
Trade creditors					342,577	286,069		87,646	73,119
Amounts owed to subsidiary			undertaking					69+79	350,064
Other taxes and social security				costs	263,132	169,938	139,838		95,714
Other creditors					25,141	78,545		12,206	64,964
Accruals					373,462	381,878	260,849		263,084
Mortgage loans					86,729	67,586		86,729	67,586
Hire purchase		agreements			523	9,240		523	9,240
Uoyds Bounce		Back Loan				50,000			50,000
					1,091,564	993,256	657,270		973,772
The Following	liabilities disclosed			under creditors	falling due within	one year are	secured	by the group:
								2022 6	2021I
Mortgage loans								86,729	67,586
Hire purchase		agreements						523	9,240
								87,252	76,826

		Greup		Cha rity
		2022	2021	2022	2021
		E	5	E	5
Hire Purchase	agreements		524		524
Handelsbanicen	Mortgage	65,047	156,562	65,047	156,562
Balance at 31stJanuary		65,047	157,086	65,047	157,086

The following	The following	liabilities disclosed
			2022	2021
			4	s
Hire Purchase		agreements		524
Mortgage	loans		65,047	156,562
			65,047	157,086

			Group		Charity
			2022 5	2021I	2022 E	2021 E
Total minimum	lease payments	due over the lease
term, falling due	as follows:
Leases expiring	wthin 1year		26,413	19,344	21,556	15,437
Leases expiring	2 to 5 years		30,425	25,509	30xt25	22,579
Leases expiing	over 5 years

Reconciliation ofnet income	Reconciliation ofnet income	/ (expenditure)	/ (expenditure)	/ (expenditure)	to net cash flow fmm operating	activeiesi
						2022	2021
						E	E
Net Income / (expendeure)		for	the reporting		period (as per the S.O.P.A)	736,072	510,452
Adjustments for:
Depreciation						130,596	121,588
Impairment
(Profit)/Loss on disposal of fixed			assets			(105)	41,001
Decrease/(increase)	in stock					(184,946)	(57,348)
(Increase)/Decrease	in properties		held for	sale
(Increase)/Decrease	in debtors					(128,782)	99,504
Increase/(decrease)	in creditors					87,883	198,208
Net cash provided	by (used	in)	operating	activities		640,718	913,405

Analysis	ofmovements	in unrestricted	in unrestricted	funds
				February	Incoming	Expended &		Ianuary
				2021	Resources	Other	Transfers	2022
General fund				3,285,363	8,765,739	(8,029,667)		4,021,435
Total unrestricted funds				3,285,363	8,765,739	(8,029,667)		4,021,435
Analysis	of movements	in restricted	funds
				February 2021	Incoming Resources	Expended sr Other	Transfers	Ianuary 2022
Residents	activities Keele Drive				2,250	(2,250)
Totalrestricted funds					2,250	(2,250)
Name of	restricted fund:			Description,	natura and purposes ofthe fund:

	Unrestncted	Capital	Restricted	Total
	Funds	Funds	Funds	Funds
	F.	5	5
Fund bahnces
Tangible fixed assets	3,030,280			3,030,280
Net current liabilities	1,056,202			1,056,202
Long term liabilities	(65,047)			(65,047)
Total net assets	4,021,434			4,021,434