2023-03-31-accounts - Hull Community And Voluntary Services Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		2023	2022
	Notes
FIXEDASSETS
Tangible assets		491,440	436,800
Investments
Investments	12	3	3
Investment property	13	325,000	275,000
		816,443	711,803
CURRENT ASSETS
Debtors	14	290,317	233,171
Cash at bank and in hand		840,059	501,051
		1,130,376	734,222
CREDITORS
Amounts falling due within one year	15	(512,273)	(328,126)
NET CURRENT ASSETS		618,103	406,096
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,434,546	1,117,899
CREDITORS
Amounts falling due after more than one year	16	(155,174)	(187,639)
NET ASSETS		1,279,372	930,260
FUNDS	19
Unrestricted funds		1,256,569	914,835
Restricted funds		22,803	15,425
TOTAL FUNDS		1,279,372	930,260

			2023	2022
		Notes
Cash flows from operating	activities
Cash generated from operations			344,394	39,946
Net cash provided by operating activities			344,394	39,946
Cash flows from investing	activities
Purchase oftangible fixed assets				(1,992)
Interest received			2,954	166
Net cash provided by/(used	in) investing	activities	2,954	(1,826)
Cash flows from financing	activities
Loan repayments in year			(8,340)	(29,067)
Net cash used in financing	activities		(8,340)	(29,067)
Change in cash and cash equivalents		in
the reporting period			339,008	9,053
Cash and cash equivalents	at the
beginning ofthe reporting	period		501,051	491,998
Cash and cash equivalents	at the end	of
the reporting period			840,059	501,051

3.	INVESTMENT	INCOME
						2023	2022
	Deposit account interest					2,954	166
	INCOME FROM CHARITABLE ACTIVITIES
						2023	2022
			Activity
	Central government		Incoming	resources from charitable	activities	671,164	486,386
	Local government		Incoming	resources from charitable	activities	198,000	142,000
	Services Recharged		Incoming	resources from charitable	activities	498,180	294,114
	Rainbow Nursery	(Hull)
	Limited		Income fiom subsidiary			486,890	448,745
	MNH Meeting New Horizons
	CIC		Income &om subsidiary			654,156	696,987
						2,508,390	2,068,232
5.	CHARITABLE	ACTIVITIES	COSTS
						Support
					Direct	costs (see
					Costs	note 6)	Totals
	Direct charitable	expenditure			1,415,101		1,415,101
	Governance costs					3,660	3,660
	Expenditure from	subsidiary			1,071,845		1,071,845
					2,486,946	3,660	2,490,606

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		13,000	11,000	24,000
Charitable activities
Incoming resources from charitable	activities	922,500		922,500
Income from subsidiary		1,145,732		1,145,732
Investment income		166		166
Total		2,081,398	11,000	2,092,398
EXPENDITURE ON
Charitable activities
Direct charitable expenditure		1,049,124	3,830	1,052,954
Governance costs		3,456		3,456
Expenditure fiom subsidiary		959,152		959,152
Total		2,011,732	3,830	2,015,562
NET INCOME		69,666	7,170	76,836
Transfers betvveen funds		63,742	(63,742)
Net movement in funds		133,408	(56,572)	76,836
RECONCILIATION OF FUNDS
Total funds brought forward		781,427	71,997	853,424
TOTAL FUNDS CARRIED FORWARD		914,835	15,425	930,260

OLE [ES	OLE IES
3
ZZOZ	EZOZ

8E6t'S9	8[L	Ozz t'9[	000'06t'
80E'969	8[L	Ozz t'9[	OLE [ES	F03
000 SS			000 SS	EZpZ ur uor&8n[8A
(OLE 96)			(OLE'96)	L'[PZ Ul Uor)8n[8A
S[8$01	yu8rudrnb0	firourq08ur	@udozd
	JQrndlu03	pU8 ru8[J	P[oqQQZQ
			:fiq p8ru0svzdo~	sr Ezpz qo~8]hl [E p8 uorr8n[8w ~0ps03
008 9Et'	90Z	06S I	000 SE[7	ZZOZ qoi8PI IE &V
Ot't' l6t'	S9[	SLZ [	000'06t	EZOZ qo~N IE &V 3[11VAXOO815
86k E9[		St6 Z9l		EZOZ qo~lhl IE &V
09E	It'	6[E		J80fi JOJ 0828q3
8EI'E9l	ZIS	9Z9 Z9[		ZZOZ IUdV I [V
				NOILVI33883G
8E6't'S9	8[L	OZZ t'9[	000 06t'	EZOZ qo~8N [E[V
000 SS			000 SS	suop8n[8~0g
8E6 66S	8[L	Ozz t'91	000 SE	ZZOZ [PdV [ &V
				NOI1V[llVA HO 1SO3
s[8[01	guorudrnb8	firourqomu	Qudozd
	zogndru03	pu8 ru8[g	p[oqooxg	S13SSVGZXI8 NISIJNVL	'll

6ZZ Z8[	St E Z9E	9ZI 8ZE		ELZ ZIS
98S Z	6ZS II	Ol I 9		[9[7'9[		sosuodxo pQIUooV
	005't Sl	005'E6		OOS t [7Z	ouloou[ pomogop pun sprUooy
90S [Z	9EZ'OZ	St'E SZ		L98'EZ			SJOjlPQJO JAP
tpE t	Ot08	IL8 6		69E'6[	song	col[go pun	+[moos [stooS
99L [7t [	60L 65[	EEZt'8l		St'L'66l			sJO)IPMO QPBII
L90 6	[EE8	L906		IEE 8	(9[ ogou sos) sgsJpnwo		puz sumo[ opmH
ZZOZ	EZOZ	ZZOZ		EZOZ
			dna+

An analysis ofthe m	aturit	y ofloans is given belo	w:
					2023	2022
Amounts falling due	within one year on demand:
Mortgage					8,331	9,067
Amounts falling between		one and two years:
Mortgage					50,939	58,543
ANALYSIS OFNET ASSETSBETWEEN FUNDS
					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
Fixed assets			491,440		491,440	436,800
Investments			325,003		325,003	275,003
Current assets			1,107,573	22,803	1,130,376	734,222
Current liabilities			(512,273)		(512,273)	(328,126)
Long term liabilities			(155,174)		(155,174)	(187,639)
			1,256,569	22,803	1,279,372	930,260
MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
Unrestricted funds
General fund			898,960	341,734		1,240,694
Designated Redundancy		Fund	15,875			15,875
			914,835	341,734		1,256,569
Restricted funds
Start Grants/ Bransholme		Trust	15,425	3,864	(7,000)	12,289
Cost ofLiving Fund				(4,168)	7,000	2,832
Renew Communitiy	Fund			7,682		7,682
			15,425	7,378		22,803
TOTAL FUNDS			930,260	349,112		1,279,372

09Z 066		968 9L	t'Zt'	658
Szt''S I	(Zt'L C9)	OLI L	L66	[L
	(ooo'oz)		000	Oz
	(800'Sz)		800'Sz
SZt Sl	(t CL8[)	OL['L	686	9Z
568t'[6	ZWL E9	99969	LZt'	l8L
SL85[	0[0 Z		[98	C[
096'868	8ZL [9	99969	99S	L9L S'I
Zz'6 IE	spulg	SPIHg Ul	[Z't 'I rV
rV	uaa~aq	ruaulaAoru
	SJagSUI!I1	raN
Zl I 6t 6	000 50[	(90906t' Z)	8IL		Z
8LC'L		(ZZ9 Lt)	000	SS'
Z89 L		(8[v'6Z)	000'LK
(89[ t')		(89l 0)
f98'E		(96[t'[)	000'8I
tCL[tC	000 Sol	(t 86'Zt t 'Z)	8[L	6L9	Z
7
SPulg Ul	sasso[	papuadxa	saoInosal
ruarUQAopj[	PUB SUIP9	saolnosag	Suuuo our

		2023	2022
Debtors	- Amounts owed to Hull CVS from group undertakings
Amounts	owed to Hull CVS by Rainbow Nursery (Hull) Ltd	40,188	30,648
Amounts	owed to Hull CVS by MNH Meeting New Horizons CIC	125,489	39,406
		165,677	70,054

		2023	2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations		39,042
Grants		184,332	24,000
		223,374	24,000
Investment income
Deposit account interest		2,954	166
Charitable activities
Central government		671,164	486,386
Local government		198,000	142,000
Services Recharged		498,180	294,114
Rainbow Nursery (Hull) Limited		486,890	448,745
MNH Meeting New	Horizons CIC	654,156	696,987
		2,508,390	2,068,232
Total incoming resources		2,734,718	2,092,398
EXPENDITURE
Charitable activities
Premises &operating	costs	939,102	637,394
Staff costs		475,999	415,560
Rainbow Nursery (Hull) Limited		469,338	394,581
MNH Meeting New	Horizons CIC	602,507	564,571
		2,486,946	2,012,106
Support costs
Governance costs
Auditors' remuneration		3,660	3,456
Total resources expended		2,490,606	2,015,562
Net income		244,112	76,836