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2021-03-31-accounts

DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

Company Number 01940104

DOORSTEP OF HULL

A company limited by guarantee and

a registered charity no. 518713

REPORT AND ACCOUNTS

for the year ended 31 March 2021

HPH Chartered Accountants 54 Bootham York YO30 7XZ

DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

CONTENTS page
Report of the Directors and Trustees 1 to 5
Auditor's Report 6 to 8
Statement of Financial Activities and Income and Expenditure Account 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Accounts 12 to 19
The following pages do not form part of the statutory accounts
Summary Income and Expenditure Accounts 20 and 21

DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The directors, who form part of the Management Committee and are Trustees of the Charity, have pleasure in presenting their report and the accounts for the year ended 31 March 2021.

Reference and Administrative Information

Charity name: Doorstep of Hull
Charity Registration
Number: 518713
Company Number: 01940104
Board of Directors and William Stevens
Trustees David Elliott
Company Secretary: Gwyneth Sargent
Management Committee: Emma Fox (Chair)
Denis Scanlan (Treasurer)
Karl Robinson
Roz Smith
Robbie Olsen
Project Director: Peter Drinkell
Registered Office and 151 Fairfax Avenue
Administration Office: Kingston upon Hull
HU5 4QZ
Telephone: 01482 345006
Bankers: Santander Lloyds TSB plc
21 Prospect Centre Hall Road
Prospect Street Hull
Hull HU5 4QZ
HU2 8PT
Auditor: HPH
Chartered Accountants
54 Bootham
York
YO30 7XZ
Solicitors: Wilkin Chapman LLP
The Hall
Lairgate
Beverley

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Structure, Governance and Management

The Charitable Company is limited by guarantee No. 01940104 and itself and its officers are governed by the Memorandum and Articles of Association dated 16 August 1985, as amended by special resolutions passed on 21 August 1986 and 14 November 2001. The Company received charitable status, No. 518713, on 8 January 1987. In the event of the Company being wound up members are required to contribute an amount not exceeding £5.

The Directors and Trustees confirm that they believe they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Recruitment and Appointment of Management Committee

The officers in office during the year were:

Emma Fox - Chair Director and Trustee Roz Smith Management Committee
Denis Scanlan Director and Trustee Robbie Olsen Management Committee
Karl Robinson Management Committee Gwyneth Sargent Company Secretary

The Directors are appointed by the Management Committee at any time, provided that a maximum of fifteen is not exceeded. Directors are required to seek re-election at the first annual general meeting following election, and one third by rotation must seek re-election at every annual general meeting.

No remuneration or benefits were received by any Directors or Trustees during the year in respect of their services to the Charitable Company.

The Directors and Trustees confirm that the attached accounts comply with current statutory requirements, the requirements of its governing document and the requirements of the FRS102 Charities SORP.

Training of Directors/Trustees

All Directors/Trustees are expected to be familiar with the objectives of the Charity, the practical work of the Charity, the financial position of the Charity, and the obligations of Directors/Trustees.

Trustees are appointed based on their experience in other fields and their commitment to the objectives of the Charity. New Trustees are familiarised with the work of the Charity by the Charity’s Project Director and visits to the Charity’s projects. They are also provided with information on their obligations as Charity Trustees.

Risk Management

The Directors/Trustees have examined the principal areas of the Charitable Company’s operations and considered the major risks which may arise in each of these areas. In their opinion the Charitable Company has established resources and reviewed systems, which under normal conditions should allow the risks identified by it to be mitigated to an acceptable level in its dayto-day operations.

Policies and procedures are in place to ensure the health and safety of staff, and of services users and visitors to the Charitable Company's premises. Controls and procedures are in place for the authorisation of all transactions and projects.

However, it should be recognised that the complexity of issues and challenging behaviour of our clients continues to escalate to the point both our day staff and night cover are stretched to capacity. Welfare of and retention of staff has to be considered a priority going forward both from the point of view of the Health and Safety of staff and the continued operation of the Charity.

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DOORSTEP OF HULL

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Organisational Structure

The Directors and Trustees are known collectively as The Management Committee and they meet six times a year. Latterly by "virtual" meetings, to administer the Charitable Company, setting and monitoring the strategic direction of the Charitable Company.

The Project Director, Mr Peter Drinkell, is delegated by the Directors/Trustees to manage the operations of the Charity. The Project Director is responsible for ensuring that the Charity delivers the services specified in the contracts that the Charity has entered into and that performance indicators are met, including performance against budget. The Project Director also attends Management Committee meetings but has no voting rights. The Practice Manager, Neil Scott, is responsible for the day-today operational management of the Charity’s projects, including staff supervision and the further development of skills and working practices in line with good practice.

Related Parties

The Charity works within the Hull City Council’s Homeless Strategy, Housing Strategy and Prevention of Rough Sleeping

Strategy. It continues to play a significant role in the strategies, especially in the provision of Supported Accommodation.

The Project Director is a member of the Hull Hostel Forum.

Objectives and Activities

The principal activity of the Charitable Company is to provide, and work with other agencies for the provision of, suitable accommodation for young homeless persons.

The Charitable Company also manages hostel accommodation for a national housing association (Places for People), collecting rents and meeting expenses. This association also provides accommodation for special needs and elderly people.

The charitable objectives of the Charitable Company are the care and support of young persons and others, who are homeless and in need, or where by reasons of adverse circumstances are in need of help in acquiring a settled way of life, by providing, developing and or maintaining residential accommodation or similar facilities and to further assist those so accommodated who by reasons of any physical, psychological, emotional or social infirmity are in need of advice, counselling and any other form of aid to acquire employment, more permanent accommodation, education, training and any other benefit to assist them towards a more settled way of living in the community.

The day to day running of the Charitable Company is delegated to Peter Drinkell, Project Director, and Gwyneth Sargent, Deputy Project Director, who are appointed directly by the Directors/Trustees. Major decisions and expenditure are agreed by the management committee who meet on a regular basis.

Ensuring our work delivers our aims

The Charitable Company reviews its aims, objectives and activities annually to ensure that that the work remains focussed on its purposes; and that its activities and the benefits achieved through those activities are continuing to meet the needs of the customers that the Charity was set up to help. We have referred to the Charity Commission's guidance on public benefit when undertaking our review and planning future activities.

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DOORSTEP OF HULL

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Achievements and Performance

During the year, Despite having to contend with the pandemic, Doorstep have continued to provide a comprehensive service through its own resources and in partnership with other agencies. The Charity has maintained and developed working relationships and protocols with other specialist agencies providing services which complement those provided by the Charity and meet the support needs of our service users.

There has been no reversal of cuts in Government Funding to the Local Authority and so the lack of ancillary services we referred to last yesr continues and we continue to attempt to "plug the gaps" where possible. Again we have seen a significant increase in the complexity of issues of people who are referred to us.

It continues to be quite difficult to move people on into their own accommodation. Young single people are especially at risk of re-occurring homelessness as their benefit level make it almost impossible to manage the cost of living independently and budgeting their money to cover heating and light costs, council tax, water rates and food etc.

Covid 19

At Doorstep we are quite proud of the fact that at the time of writing no member of staff has contracted Covid-19, through the work environment, throughout the pandemic. We feel this proves our management of the risk of infection has been extremely effective. Also, through our key worker status all staff have now been offered 2 doses of vaccine plus a booster dose.

Plans for Future Periods

Because of the pandemic and the uncertainty it continues to bring, our plan to purchase properties has stalled somewhat. We are also finding that many properties which appear on the market, when we investigate, do not have the relevant planning consent. We will however continue to attempt to buy properties going forward. Again, we will use the reserves of the Charity to fund this. This will allow us to further relinquish some leased properties and will enhance our property portfolio/capital assets.

There is currently a bill making its passage through parliament, The Supported Housing Regulation Bill. We are, as yet, unsure what effect this may have on our organisation. However, I think it is fair to say, historically, when Governments have attempted to interfere in this "market" it has not ended well either for organisations such as Doorstep, or indeed the tax payer.

Financial Review

The Charity has been able to fulfil all its commitments and submits a satisfactory financial report.

Principal Funding Sources

The Charity is now principally dependent on the rental income for its core work, which totalled £1,864,262. The majority of other income consists of grants income totalling £29,398 and investment income of £17,434.

Investment Policy

Under the Memorandum and Articles of Association, the Charitable Company has the power to make any investments which the Directors/Trustees see fit. The Charitable Company held two Time Deposit investments with the company's bankers, Santander during the year ended 31 March 2021.

Reserves Policy

It is the policy of the Charitable Company to hold reserves. Reserves are held in accordance with the Charitable Company’s charitable objects, in order that the Charitable Company can continue to provide accommodation and support for young homeless persons. As advised in the report last year, the Reserves Policy has been reviewed by the Trustees and it now states that Reserves should be equal to 12 month's operating costs.

At 31st March 2021 unrestricted general purpose funds amounted to £3,782,473, which includes £1,681,244 relating to fixed assets. Free reserves available as working capital amounted to £2,101,229 which represents approximately 14 months running expenditure. This exceeds the Trustees' policy of having 12 months running costs. In the current climate of an uncertain future and extra expenditure of Covid related costs, it is felt this is a prudent position to maintain - should the worst case scenario manifest itself we estimate it would take longer than 12 months to rehouse our 260 clients in the community. Also Doorstep holds contracts with a 12 months contract period

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DOORSTEP OF HULL

REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

Responsibilities of the Management Committee

Company and charity law requires the directors and trustees respectively to prepare financial statements which give a true and fair view of the Charitable Company's state of affairs at the end of the year and of its financial activities for that year. In preparing those financial statements the directors and trustees are required to:

The directors and trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and applicable charity law. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Members of the Management Committee

Members of the Management Committee who served during the year and up to the date of this report are set out on page 1.

Provision of Information to the Auditor

So far as the Directors and Trustees are aware, there is no relevant audit information of which the Charitable Company's auditor is unaware and we have taken all the steps that we ought to have taken as Directors/Trustees in order to make ourselves aware of any relevant audit information and to establish that the Charitable Company's auditor is aware of that information.

Auditor

HPH were re-appointed as the Charitable Company’s auditor during the year and have expressed their willingness to continue in that capacity.

Exemption

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Management Committee on 20 December 2021 and signed on its behalf by:

Denis Scanlan Director and Trustee

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HPH

Chartered Accountants

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF

DOORSTEP OF HULL

Opinion

We have audited the financial statements of Doorstep of Hull for the year ended 31 March 2021 which comprise the Statement of Financial Activities and Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

HPH

Chartered Accountants

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF

DOORSTEP OF HULL

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion based on the work undertaken in the course of our audit

Matters on which we are required to report by exception

In light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement 5, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

HPH

Chartered Accountants

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF

DOORSTEP OF HULL

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: timing of recognition of commercial income, posting of unusual journals along with complex transactions and manipulating the charitable company’s key performance indicators to meet targets. We discussed these risks with client management, designed audit procedures to test the timing of commercial revenue, tested a sample of journals to confirm they were appropriate and reviewed areas of judgement for indicators of management bias to address these risks.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Sarah Wearing Senior Statutory Auditor

For and on behalf of

HPH

Statutory Auditor 54 Bootham York YO30 7XZ 20 December 2021

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DOORSTEP OF HULL

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
Total expenditure
7
Net income / (expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Fund
£
945
29,398
1,864,262
17,434
1,912,039
1,793,478
1,793,478
118,561
-
118,561
3,663,912
£ 3,782,473		 Endowment
Funds
£
-
-
-
-
-
1,360
1,360
(1,360)
-
(1,360)
171,838
£ 170,478		 Total
31 March
2021
£
945
29,398
1,864,262
17,434
1,912,039
1,794,838
1,794,838
117,201
-
117,201
3,835,750
£ 3,952,951		 Total
31 March
2020
£
1,502
27,064
1,878,379
3,208
1,910,153
1,810,146
1,810,146
100,007
-
100,007
3,735,743
£ 3,835,750

The notes on pages 12 to 19 form part of these accounts.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

BALANCE SHEET AT 31 MARCH 2021

Registration number: 01940104

Notes
Fixed assets
Tangible fixed assets
9
Current assets
Debtors
10
Bank balances and cash
Creditors : amounts falling due
within one year
11
Net current assets
Total assets less current liabilities
Net assets
Capital and reserves
Endowment funds
Unrestricted funds
General purpose fund
Funds
12		 2021
2020
£
£
£
£
1,681,244
1,725,767
103,851
122,411
2,208,235
2,055,117
2,312,086
2,177,528
40,379
67,545
2,271,707
2,109,983
3,952,951
3,835,750
£ 3,952,951
£ 3,835,750
170,478
171,838
3,782,473
3,663,912
£ 3,952,951
£ 3,835,750		 2021
2020
£
£
£
£
1,681,244
1,725,767
103,851
122,411
2,208,235
2,055,117
2,312,086
2,177,528
40,379
67,545
2,271,707
2,109,983
3,952,951
3,835,750
£ 3,952,951
£ 3,835,750
170,478
171,838
3,782,473
3,663,912
£ 3,952,951
£ 3,835,750
3,835,750
£ 3,835,750
171,838
3,663,912
£ 3,835,750

The accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime under the Companies Act 2006 and are for circulation to members of the company.

Approved by the Board on 20 December 2021 and signed on its behalf by:

Denis Scanlan Director and Trustee

Kingston upon Hull

The notes on pages 12 to 19 form part of these accounts.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021

Note
17
Cash flow from investing activities:
Proceeds from the sale of fixed assets
Purchase of tangible fixed assets
17
Net cash provided by operating
activities
Dividends, interest and rents from
investments
Net cash provided by/(used in)
investing activities
Change in cash and cash equivalents
in the year
Cash and cash equivalents at
beginning of the year
Cash and cash equivalents at end of
the year		 £
£
£
£
135,684
273,772
17,434
3,208
1,400
34,151
(1,400)
-
17,434
37,359
153,118
311,131
2,055,117
1,743,986
£2,208,235
£2,055,117
2021
2020

The notes on pages 12 to 19 form part of these financial statements.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Legal entity

Doorstep of Hull is regulated by the Charities Commission (518713), limited by guarantee and is registered in England and Wales. The address of the registered office and principal place of business is 151 Fairfax Avenue, Kingston upon Hull, HU5 4QZ.

The charitable company constitutes a public benefit entity as defined by FRS 102.

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.

Basis of Accounting

The accounts have been prepared under the historical cost convention and in accordance with;

Going concern

As described in the Trustees' Annual Report, special consideration has been given to the COVID-19 pandemic. The Trustees/Directors have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure. They have a reasonable expectation that adequate financial resources are available to enable the Charitable Company to continue in operational existence for the foreseeable future, and have adequate contingency plans in the event that income streams are reduced. Consequently the financial statements have been prepared on the basis that the Charitable Company is a going concern.

Depreciation

Depreciation is provided on all tangible fixed assets in use, other than freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Freehold buildings - over 50 years
Office equipment - over 1 year
Fixtures and fittings - over 1 year
Motor vehicles - over 4 years

A full year's depreciation is charged in the year the asset is first brought into use.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and any short term deposit accounts with a maturity of three months or less from the date of opening.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

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DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (continued)

Income and endowments

Other trading activities and investments

Rents and interest receivable are recorded in the financial year in which they are earned. Interest is received on the bank deposits.

Grants and other income

Grants from Government and Public Bodies are credited as income received in the period in which the conditions for receipt have been satisfied.

Local authority and Lottery grants

These grants are credited directly to the statement of financial activities (income and expenditure account) as an endowed fund. This fund is reduced by a transfer of amounts equivalent to any depreciation charges over the useful life of the assets to which the grants relate. The amount of the fund which has not been spent at the end of the financial year is carried forward in that fund.

Income from donations and funding grants, is included in incoming resources when these are receivable, except as follows:

Expenditure

Expenditure is accrued as soon as a liability is considered probable, discounted to present value for longer-term liabilities. Expenditure attributable to more than one cost category is apportioned to them on the basis of the estimated amount attributable to each activity in the year, either by reference to staff time or the use made of the underlying assets, as appropriate. The irrecoverable element of VAT is included with the item of expense to which it relates.

Charitable expenditure includes all expenditure directly relating to the objects of the Charitable Company and costs are charged on the basis of the accruals concept, including irrecoverable value added tax where applicable.

Funds structure

Unrestricted funds consists of the general purpose fund and designated funds. Designated funds are funds established by the Trustees from time to time for specific purposes. They are not in any way restricted and any surplus or deficit will be transferred to/from the general purpose fund when the designated fund is closed.

The endowed fund shows monies received from the National Lottery Charities Board for the purchase of land and buildings to enable the Charitable Company to provide accommodation in line with its objectives. Incoming resources from endowed funds are treated as unrestricted.

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (continued)

Pension cost

The Charitable Company makes contributions to personal pension schemes for employees. Contributions are charged to the SOFA for the year in which they are payable.

Unrestricted
Fund
£
2.
DONATIONS AND LEGACIES
Donations and covenants
£ 945
3.
CHARITABLE ACTIVITIES
James Reckitt grant
17,000
Hull University
6,200
Other
1,290
Government grant income
4,908
£ 29,398
4.
OTHER TRADING ACTIVITIES
Rental income
£ 1,864,262
5.
INVESTMENTS
Bank & other interest
6.
NET INCOME FOR THE YEAR
Net income for the year is stated after charging:
Auditor's remuneration
-
audit
-
other services		 Endowment
Funds
£
£ -
-
-
-
-
£ -
£ -		 Total
2021
£
£ 945
17,000
6,200
1,290
4,908
£ 29,398
£ 1,864,262
£ 17,434
2021
£
3,000
2,880		 Total
2020
£
£ 1,502
17,000
7,900
2,164
-
£ 27,064
£ 1,878,379
£ 3,208
2020
£
3,000
2,880

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

Basis of
allocation
TOTAL RESOURCES EXPENDED
Costs directly allocated to activities
Staff costs
direct
Property insurance
direct
Property repairs and renewals
direct
Other property expenses
direct
Other operating expenses
direct
Depreciation and profit on sale
direct
Support costs allocated to activities
Staff costs
staff time
General office costs
usage
Legal and professional
usage
Depreciation
usage
Audit and accountancy
usage
Bank charges and interest
usage		 Charitable
activities
£
534,938
33,430
181,997
705,119
153,574
43,124
116,000
14,317
4,744
1,399
5,880
316
£ 1,794,838		 Governance
costs
£
-
-
-
-
-
-
-
-
-
-
-
-
£ -		 Total
2021
£
534,938
33,430
181,997
705,119
153,574
43,124
116,000
14,317
4,744
1,399
5,880
316
£ 1,794,838		 Total
2020
£
519,033
30,100
169,419
701,342
191,421
33,805
126,859
15,925
14,620
1,399
5,880
343
£ 1,810,146

7. TOTAL RESOURCES EXPENDED

8. EMPLOYEE INFORMATION

The aggregate payroll costs of the Charitable Company for the period are as follows:

Salaries
Social security costs
Other pension costs
Average number of employees for the period
Services
Management and administration		 £
557,240
51,919
41,779
£ 650,938
12
3
15		 £
553,550
51,125
41,217
£ 645,892
18
4
22

During the year no employees were paid emoluments amounting to £60,000 or more.

The key management personnel of the charity, comprise the Project Director, Administrator and Practice Manager. The total employee benefits of the key management personnel of the charity were £116,000 (2020 £126,859).

15

DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

9. FIXED ASSETS

Cost
At 1 April 2020
Additions
Disposals
At 31 March 2021
Depreciation
At 1 April 2020
Charge for year
Disposals
At 31 March 2021
Net Book Value
At 31 March 2021
At 31 March 2020
All fixed assets held are for charitable use.		 Land and
Buildings
£
2,424,867
-
2,424,867
699,100
44,523
-
743,623
£ 1,681,244
£ 1,725,767		 Plant and
machinery etc.
£
204,857
1,400
(1,400)
204,857
204,857
146
(146)
204,857
£ -
£ -		 Total
£
2,629,724
1,400
(1,400)
2,629,724
903,957
44,669
(146)
948,480
£ 1,681,244
£ 1,725,767

There were no freehold property additions made from the endowed funds during the year. Under the terms of the endowed funds received from the National Lottery Charities Board (the board) the land and buildings acquired with those funds may not be disposed of, nor used as security for a loan or any other financial purpose without the prior written approval of the board. This restriction is in force for a period of 80 years from the date of acquisition. £1,509,406 of fixed assets relates to unrestricted funds and £171,838 to endowed funds.

10. DEBTORS

DEBTORS
Income debtors
Other debtors
Prepayments and accrued income		 £
15,815
81,900
6,136
£ 103,851		 £
7,730
82,144
32,537
£ 122,411

An amount of £30,823 (2020 £33,064) is included in the above in respect of debtors due after more than one year.

All debtors relate to unrestricted funds.

11.
CREDITORS
Trade creditors
Other creditors
Accruals		 £
13,816
3,683
22,880
£ 40,379		 £
41,865
2,800
22,880
£ 67,545

All creditors relate to unrestricted funds.

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DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

12. ACCUMULATED FUNDS Opening Incoming Resources Closing
balance Resources expended Transfers balance
2021 £ £ £ £ £
Unrestricted:
General purpose fund 3,663,912 1,912,039 (1,793,478) - 3,782,473
Endowment fund - Lottery 171,838 - (1,360) - 170,478
Total funds £ 3,835,750 £ 1,912,039 £( 1,794,838) £ -
 £ 3,952,951
Opening Incoming Resources Closing
balance Resources expended Transfers balance
2020 £ £ £ £ £
Unrestricted:
General purpose fund 3,562,545 1,910,153 (1,808,786) - 3,663,912
Endowment fund - Lottery 173,198 - (1,360) - 171,838
Total funds £ 3,735,743 £ 1,910,153 £( 1,810,146) £ -
 £ 3,835,750
13. ANALYSIS OF THE CHARITY'S NET ASSETS BY FUND ANALYSIS OF THE CHARITY'S NET ASSETS BY FUND
2021 Fixed Assets Current Current
(charity use) assets liabilities Total
£ £ £ £
Endowment funds 170,478 - - 170,478
Unrestricted funds - general purpose fund 1,510,766 2,312,086 (40,379) 3,782,473
£ 1,681,244 £ 2,312,086 £ ( 40,379) £ 3,952,951
2020 Fixed Assets Current Current
(charity use) assets liabilities Total
£ £ £ £
Endowment funds 173,198 - - 173,198
Unrestricted funds - general purpose fund 1,553,929 2,177,528 (67,545) 3,663,912
£ 1,727,127 £ 2,177,528 £ ( 67,545) £ 3,837,110

17

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DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

14. TRANSACTIONS WITH DIRECTORS, TRUSTEES AND RELATED PARTIES

The project director, Peter Drinkell occupies the first floor of the Charitable Company's offices under a tenancy agreement at a market rate. During the year he paid rent to the Charitable Company amounting to £2,081 (2020 £2,081).

No remuneration, benefits or expenses were received by any directors or trustees during the year in respect of their services to the Charitable Company.

There are no other related parties or related party transactions.

15. CONSTITUTION

Doorstep of Hull is a company limited by guarantee, number 01940104. In the event of the Charitable Company being wound up, the liability of the members is limited to five pounds.

The Memorandum of Association of the Charitable Company prohibits the distribution of any properties to members upon winding up or dissolution of the Charitable Company.

16. TAXATION

As a registered charity, Doorstep of Hull is exempt from the tax on income falling within sections 466 to 493 of the Corporation Tax Act 2010 to the extent that this is applied to its charitable objects. No tax charges have arisen in the Company.

17. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period
Depreciation of tangible fixed assets
Profit on disposal of fixed assets
Dividends, interest and rents from investments
Decrease in debtors
(Decrease)/increase in creditors
Net cash provided by operating activities		 2021
2020
£
£
117,201
100,007
44,669
44,523
(146)
(9,319)
(17,434)
(3,208)
18,560
117,765
(27,166)
24,004
£ 135,684
£ 273,772

18

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DOORSTEP OF HULL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

17. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES (continued)

ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash at bank and in hand
Total cash and cash equivalents		 2021
£
2,208,235
£ 2,208,235		 2020
£
2,055,117
£ 2,055,117

ANALYSIS OF CHANGES IN NET DEBT

Cash At
01/04/2020
£
2,055,117
£ 2,055,117		 Cash-flows
£
153,118
153,118
£ 153,118		 At
31/03/2021
£
2,208,235
£ 2,208,235

18. COMPARATIVE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT

Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Fund
£
1,502
27,064
1,878,379
3,208
1,910,153
1,808,786
1,808,786
101,367
-
101,367
3,562,545
£ 3,663,912		 Endowment
Funds
£
-
-
-
-
-
1,360
1,360
(1,360)
-
(1,360)
173,198
£ 171,838		 Total
31 March
2020
£
1,502
27,064
1,878,379
3,208
1,910,153
1,810,146
1,810,146
100,007
-
100,007
3,735,743
£ 3,835,750		 Total
31 March
2019
£
529
46,357
1,784,911
-
1,831,797
1,730,223
1,730,223
101,574
-
101,574
3,634,169
£ 3,735,743

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The following pages do not form part of the statutory accounts and contain unaudited information

DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

DETAILED TRADING ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Income
Rents
Donations
Other income
James Reckitt grant
Hull University grant
Government grant income
Bank interest receivable
TOTAL INCOMING RESOURCES		 2021
2020
£
£
1,864,262
1,878,379
945
1,502
1,290
2,164
17,000
17,000
6,200
7,900
4,908
-
1,894,605
1,906,945
17,434
3,208
£ 1,912,039
£ 1,910,153

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DocuSign Envelope ID: E10D998A-6E68-428E-952A-DB2AF5275619

DOORSTEP OF HULL

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

TOTAL INCOMING RESOURCES
Direct charitable expenditure
Night cover
Bad debts
General rates
Water rates
Heat and light
Insurance
Repairs and renewals
Health and safety compliance
Motor and travel expenses
Depreciation
Profit on disposal of fixed assets
Staff costs
Training
Telephone
Gardening and equipment hire
Fees including NBHA and Unicom
Cleaning, consumables and sundries
Volunteer expenses
Miscellaneous expenses
Administrative expenditure
Heat and light
Insurance
Depreciation
Staff costs
Telephone
Printing, stationery and postage
Bank charges
Auditor's remuneration
Accountancy fees
Donations
Cleaning, consumables and sundries
Legal and professional fees
TOTAL EXPENSES
NET INCOMING RESOURCES		 2021
2020
£
£
£
£
1,912,039
1,910,153
65,941
63,238
32,881
34,835
39,599
35,220
27,303
29,093
181,898
166,133
33,430
30,100
181,997
169,419
9,637
41,284
24,845
29,931
43,270
43,124
(146)
(9,319)
534,938
519,033
1,077
6,612
16,903
13,812
8,464
2,684
404,796
425,438
43,059
42,774
15
311
2,275
1,398
1,652,182
1,645,120
831
759
150
150
1,399
1,399
116,000
126,859
4,134
2,901
7,336
10,385
316
343
3,000
3,000
2,880
2,880
799
688
1,067
1,042
4,744
14,620
142,656
165,026
1,794,838
1,810,146
£ 117,201
£ 100,007

21