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##
|||||Page|
|---|---|---|---|---|
|Reference and administrative
details||||1|
|Trustees'
report||||2-17|
|Trustees'
responsibilities
statement||||18|
|Independent
auditor's
report to the members||ofAzure Charitable|Enterprises|19-22|
|Consolidated
statement
offinancial|activities|||23|
|Consolidated
balance sheet||||24|
|Charity balance sheet||||25|
|Consolidated
statement
ofcash flows||||26|
|Notes to the financial statements||||27-46|
##
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##
|Trustees|||G P Bernard,|G P Bernard,|Chair|||
|---|---|---|---|---|---|---|---|
||||GW Robson,||Treasurer||&Vice Chairman|
||||RJAdams|||||
||||SJ Hallowell||(resigned||24 May 2023)|
||||I Hindle|||||
||||A E Kilburn|(resigned||1|May 2022)|
||||JWake|||||
||||J Moiser|||||
||||JA Robinson|||||
||||A Charlton|(appointed||24 November 2022)||
|Company|registered|||||||
|number|||01666027|||||
|Charity registered||||||||
|number|||513149|||||
|Registered||office|McCallum|House||||
||||Kielder Avenue|||||
||||Cramlington|||||
||||Northumberland|||||
||||NE23 SJT|||||
|Company|secretary||C Riley|||||
|Chief executive officer|||PJWilson|||||
|Independent||auditor|UNW LLP|||||
||||Citygate|||||
||||StJames'|Boulevard||||
||||Newcastle|upon Tyne||||
||||NE1 4JE|||||
|Bankers|||Lloyds Bank pic|||||
||||Newcastle|upon Tyne||||
||||NE1 6AG|||||
|Solicitors|||Muckle LLP|||||
||||32 Gallowgate|||||
||||Newcastle|upon Tyne||||
||||NE14BF|||||
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|2016/17||
|---|---|
|2017/13||
|2013/19||
|2019/20||
|2020/21|23|
|2021/22|33|
|2022/23||
|2023/24|Pending"|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|||Note||6|6|F|
|Income from:|||||||
|Donations and legacies||4|8,277|3,600|11,877|6,491|
|Charitable
activities||5|4,979,943||4,979,943|4,553,951|
|Other trading
activities||6|3,887,712||3,887,712|4,207,443|
|Other income||||||105|
|Total income|||8,875,932|3,600|8,879,532|8,767,990|
|Expenditure
on:|||||||
|Raising funds||7|3,414,311||3,414,311|3,422,717|
|Charitable
activities||8|5,066,006|3,600|5,069,606|4,609,200|
|Total expenditure|||8,480,317|3,600|8,483,917|8,031,917|
|Net movement
in funds|||395,615||395,615|736,073|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||4,021,435||4,021,435|3,285,362|
|Net movement
in funds|||395,615||395,615|736,073|
|Total funds carried forward||19|4,417,050||4,417,050|4,021,435|
##
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|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||13||2,977,607||3,030,280|
|||||2,977,607||3,030,280|
|Current assets|||||||
|Stocks||15|494,783||495,207||
|Debtors||16|702400||575,285||
|Cash at bank and in hand|||993,024||1,077,274||
||||2,190,207||2,147,766||
|Creditors: amounts|falling due within one||||||
|year||17|(750,764)||(1,091,564)||
|Net current assets||||1,439,443||1,056,202|
|Total assets less current liabilities||||4,417,050||4,086,482|
|Creditors: amounts|falling due after more||||||
|than one year||18||||(65,047)|
|Total net assets||||4,417,050||4,021,435|
|Charity funds|||||||
|Restricted funds||19|||||
|Unrestricted
funds||19||4,417,050||4,021,435|
|Total funds||||4,417,050||4,021,435|
##
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||Note||5||5|
|Fixed assets||||||||
|Tangible assets|||13||2,202,125||2,200,570|
|Investments|||14||2||2|
||||||2,202,127||2,200,572|
|Current assets||||||||
|Debtors|||16|1,002,604||473,874||
|Cash at bank and|in hand|||395,018||111,438||
|||||1,397,620||585,312||
|Creditors: amounts|falling|due within one||||||
|year|||17|(814,807)||(657,270)||
|Net current assets/(liabilities)|||||582,813||(71,958)|
|Total assets less|current|liabilities|||2,784,940||2,126,614|
|Creditors: amounts|falling|due after more||||||
|than one year|||18||||(65,047)|
|Total net assets|||||2,784,940||2,063,567|
|Charity funds||||||||
|Restricted funds|||19|||||
|Unrestricted
funds|||19||2,784,940||2,063,567|
|Total funds|||||2,784,940||2,063,567|
##
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|||||2023|2022|
|---|---|---|---|---|---|
||||Note||6|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities||21|97,473|640,718|
|Cash flows from investing|activities|||||
|Proceeds from the sale oftangible
fixed assets|||||105|
|Purchase oftangible
fixed assets||||(94,471)|(34,045)|
|Net cash used in investing|activities|||(94,471)|(33,940)|
|Cash flows from financing|activities|||||
|Repayments
of borrowing||||(86,729)|(122,371)|
|Repayments
offinance leases||||(523)|(9,240)|
|Net cash used in financing|activities|||(87,252)|(131,611)|
|Change
in cash and cash|equivalents
in|the year||(84,250)|475,167|
|Cash and cash equivalents|at the beginning|ofthe year||1,077,274|602,107|
|Cash and cash equivalents|at the end of|the year|22|993,024|1,077,274|
|The notes on pages 27to 46 form part ofthese financial statements||||||
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|Freehold
property||- 50years straight-line|or over the lease term|
|---|---|---|---|
|Short-term
leasehold|property|-40years straight-line|or over the lease term|
|Plant and equipment||- 5-10years straight-line||
|Motor vehicles||-4 years straight-line||
|Office equipment||- 3years straight-line||
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|Unrestricted|Restricted|Total|
|---|---|---|
|funds|funds|funds|
|2023|2023|2023|
|E||E|
|8,277|3,600|11,877|
|Unrestricted|Restricted|Total|
|---|---|---|
|funds|funds|funds|
|2022|2022|2022|
|E|E|E|
|4,241|2,250|6,491|
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
||||E|E||
|Provision|ofclient|services|4,979,943|4,979,943|4,553,951|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funda|funds|funds|
||||2023|2023|2022|
|Subsidiary|trading|income|3,452,786|3,452,786|3,840,611|
|Nursery income|||28,083|28,083|26,190|
|Landscapes|income||405,869|405,869|337,305|
|Feed in tariff income|||974|974|1,337|
||||3,887,712|3,887,712|4,207,443|
##
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##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||6|6||
|Cost ofgoods sold||1,853,088|1,853,088|2,056,754|
|Rent and rates||4,048|4,048|6,099|
|Advertising||34,393|34,393|39,797|
|Heat, light and water||87,417|87,417|84,114|
|Insurances||51,194|51,194|40,709|
|Training||3,894|3,894|2,634|
|Other||416,638|416,638|174,366|
|Governance|costs|||11,538|
|Support costs||||147,944|
|Wages and|salaries|853,765|853,765|780,713|
|Depreciation||109,874|109,874|78,049|
|||3,414,311|3,414,311|3,422,717|
##
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##
|8.|Analysis|ofexpenditure|ofexpenditure|on charitable|activities (continued)||||
|---|---|---|---|---|---|---|---|---|
||Summary|by fund type||(continued)|||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||2022|2022|2022|
|||||||6|6|6|
||Provision|ofcharitable|activities|||4,606,950|2,250|4,609,200|
##
|||||Support|Total|
|---|---|---|---|---|---|
||||Direct costs|costs|funds|
||||2023|2023|2023|
||||6|6|6|
|Provision|ofcharitable|activities|4,324,314|745,292|6,069,606|
||||Activities|||
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2022|2022|2022|
||||6||6|
|Provision|ofcharitable|activities|3,945,235|663,965|4,609,200|
##
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##
##
||||2023|2022|
|---|---|---|---|---|
||||5|6|
|Employment|costs||484,145|433,882|
|Depreciation|costs||26,456|44,447|
|Interest|||2,538|2,398|
|Power|||27,125|18,205|
|Insurances|||2,136|(2,044)|
|Other|||69,350|59,184|
|Legal and other professional||costs|67,947|59,850|
|Governance|costs||65,595|48,033|
||||745,292|663,965|
##
|||||2023
E|2022f|
|---|---|---|---|---|---|
|Fees payable to the charity's|auditor|for the audit ofthe charity's|annual|||
|accounts||||18,500|17,500|
|Fees payable to the charity's|auditor|in respect of:||||
|Other services||||1,500|1,400|
##
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##
|Staffcosts||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Group|Group|Charity|Charity|
|||||||2023f|2022|2023|2022
F|
|Wages and|salaries|||||4,482,858|4,023,012|3,856,641|3,584,993|
|Social security costs||||||373,245|305,764|336,070|278,754|
|Contribution||to defined|contribution||pension|||||
|schemes||||||221,563|251,072|192,315|229,811|
|||||||5,057,666|4,579,848|4,385,026|4,093,558|
|The average||number|of|persons employed||by the charity during|the year was as follows:|||
|||||||||Group|Group|
|||||||||2023|2022|
|||||||||No.|No.|
|Garden Centre||||||||36|37|
|Supported|Living|||||||75|89|
|Landscapes||||||||14|13|
|Support Services||||||||57|58|
|Employment||Services||||||5|4|
|Education||||||||9|8|
|Administration||||||||13|14|
|Azure Business Centres||||Limited||||2|2|
|||||||||211|225|
|Group|Group|
|---|---|
|2023|2022|
|No.|No.|
##
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##
||Freehold|Plant and|Motor|Office||
|---|---|---|---|---|---|
||property|machinery|vehicles|equipment|Total|
||E||E.||E|
|Cost||||||
|At 1 February 2022|5,085,151|606,494|37,770|735,205|6,464,620|
|Additions|2,556|32,035|20,998|38,882|94,471|
|At 31 January 2023|5,087,707|638,529|58,768|774,087|6,559,091|
|Depreciation||||||
|At 1 February 2022|2,199,580|470,206|37,770|726,784|3,434,340|
|Charge for the year|100,583|34,557|3,062|8,942|147,144|
|At 31 January 2023|2,300,163|504,763|40,832|735,726|3,581/84|
|Net book value||||||
|At 31 January 2023|2,787,544|133,766|17,936|38,361|2,977,607|
|At 31 January 2022|2,885,571|136,288||8,421|3,030,280|
##
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##
||Freehold|Plant and|Motor|Office||
|---|---|---|---|---|---|
||propertyf|machinery
F|vehicles|equipment|Total|
|Cost||||||
|At 1 February 2022|3,628,783|310,285|37,770|355,818|4,332,656|
|Additions|2,556|25,739|20,998|38,882|88,175|
|At 31 January 2023|3,631,339|338,024|58,768|394,700|4,420,831|
|Depreciation||||||
|At 1 February 2022|1,435,550|311,370|37,770|347,396|2,132,086|
|Charge for the year|68,844|5,772|3,062|8,942|86,620|
|At 31 January 2023|1,504,394|317,142|40,832|356,338|2,218,706|
|Net book value||||||
|At 31 January 2023|2,126,945|18,882|17,936|38,362|2,202,125|
|At 31 January 2022|2,193,233|(1,085)||8,422|2,200,570|
##
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##
||Investments|
|---|---|
||In|
||subsidiary|
||companies|
|Company|5|
|Cost||
|At 1 February 2022||
|At 31 January 2023||
|Net book value||
|At 31 January 2023||
|At 31 January 2022||
##
|Names||Company|Country of|Class of|Holding|
|---|---|---|---|---|---|
|||number|incorporation|shares||
|Azure|Garden Centre Limited|02746143|England|Ordinary|1ppo/o|
|Azure|Business Centres Limited|04542254|England|Ordinary|1QQ/0|
##
||||||
|---|---|---|---|---|
|Names||Income|Expenditure|Profit/(Loss)|
|||6|6|for the year|
|||||6|
|Azure|Garden Centre Limited|3,327,911|2,915,934|411,977|
|Azure|Business Centres Limited|186,970|149,550|37,420|
##
##
##
##
|Stocks||||||||
|---|---|---|---|---|---|---|---|
|||||||Group|Group|
|||||||2023|2022|
|||||||E||
|Finished|goods|and|goods|for|resale|494,783|495,207|
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||E|E||E|
|Trade debtors||249,520|380,965|215,041|300,901|
|Amounts
owed by group undertakings||||348,592||
|Other debtors||418|10,059|418|9,654|
|Prepayments|and accrued income|452,462|184,261|437,553|163,319|
|||702,400|575,285|1,002,604|473,874|
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
||||E||E||
|Bank loans (note 16)|||65,047|86,729|65,047|66,729|
|Trade creditors|||248,028|342,577|181,242|67,646|
|Amounts
owed|to group undertakings||||318,036|69,479|
|Other taxation|and social security||277,019|263,132|140,722|139,638|
|Obligations
under finance lease and hire|||||||
|purchase contracts||||523||523|
|Other creditors|||10,922|25,141|80|12,206|
|Accruals and deferred||income|149,748|373,462|109,680|260,549|
||||750,764|1,091,564|814,807|657,270|
##
##
##
##
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||E||E|E|
|Bank|loans||65,047||65,047|
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||r.|E||E|
|Deferred|income at 1 February 2022|92,404|104,518|92,404|104,518|
|Resources deferred
during the year|||92,404||92,404|
|Amounts|released from previous
periods|(92,404)|(104,518)|(92,404)|(104,518)|
|Deferred|income at 31January 2023||92,404||92,404|
##
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##
|19.|Statement|of|funds|||||
|---|---|---|---|---|---|---|---|
||Statement|of|funds - current year|||||
|||||Balance at 1|||Balance at|
|||||February|||31January|
|||||2022|Income|Expenditure|2023|
|||||5|6|5||
||Unrestricted||funds|||||
||Generalfunds|||4,021,435|8,875,932|(8,480,317)|4,417,050|
||Restricted|funds||||||
||Residents|activities for Keels Drive|||3,600|(3,600)||
||Total offunds|||4,021,435|8,879,532|(8,483,917)|4,417,050|
||Statement|of|funds - prior year|||||
|||||Balance at|||Balance at|
|||||1 February|||31 January|
|||||2021|Income|Expenditure|2022|
|||||5||F|5|
||Unrestricted||funds|||||
||Generalfunds|||3,265,363|8,765,739|(6,029,667)|4,021,435|
||Restricted|funds||||||
||Residents|activities for Keels Drive|||2,250|(2,250)||
||Total offunds|||3,285,363|8,767,969|(8,031,917)|4,021,435|
##
##
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2023|
|||||5|
|Tangible|fixed|assets|2,977,607|2,977,607|
|Current|assets||2,190,207|2,190,207|
|Creditors|due|within one year|(750,764)|(750,764)|
|Total|||4,417,050|4,417,050|
##
|Analysis ofn|et assets between funds - prior year|||
|---|---|---|---|
|||Unrestdicted|Total|
|||funds|funds|
|||2022|2022|
||||6|
|Tangible fixed|assets|3,030,280|3,030,280|
|Current assets||2,147,766|2,147,766|
|Creditors due within one year||(1,091,564)|(1,091,564)|
|Creditors due|in more than one year|(65,047)|(65,047)|
|Total||4,021,435|4,021,435|
##
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##
|||||||Group|Group|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||6|F|
||Net income for the year (as per statement|||offinancial activities)||395,615|736,073|
||Adjustments
for:|||||||
||Depreciation
charges|||||147,144|130,596|
||Profit on the sale offixed assets||||||(105)|
||Decrease/(increase)|in stocks||||424|(184,946)|
||Increase
in debtors|||||(127,115)|(128,781)|
||(Decrease)/increase|in creditors||||(318,595)|87,883|
||Net cash provided
by operating||activities|||97,473|640,720|
|22.|Analysis ofcash and cash equivalents|||||||
|||||||Group|Group|
|||||||2023
f|2022|
||Cash
in hand|||||883,024|1,077,274|
||Total cash and cash equivalents|||||993,024|1,077,274|
|23.|Analysis ofchanges|in net debt||||||
||||||At 1||At 31|
||||||February||January|
||||||2022|Cash flows|2023|
|||||||5||
||Cash at bank and in hand||||1,077,274|(84,250)|883,024|
||Debt due within
1 year||||(86,729)|21,682|(65,047)|
||Debt due aRer 1 year||||(65,047)|65,047||
||Finance leases||||(523)|523||
||||||924,975|3,002|927,977|
##
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##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2023r|2022|2023r|2022
5|
|Contracted|for but not provided||in these|||||
|financial|statements|||||||
|Acquisition|oftangible|fixed assets||205,700||205,700||
##
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##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||||6|6|
|Not later than 1 year||12,910|26,413|12,910|21,556|
|Later than|1 year and not later than 5years|17,488|30,425|17,488|30,425|
|||30,398|56,838|30,398|51,981|
##
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