**REGISTERED COMPANY NUMBER: 02257667 (England and Wales) REGISTERED CHARITY NUMBER: 700458** **Report of the Trustees and** **Unaudited Financial Statements** **for the Year Ended 31st March 2021** **for** **The Warren of Hull Limited** cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX **The Warren of Hull Limited** ## **Contents of the Financial Statements for the year ended 31st March 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|3| |**Independent Examiner's Report**||4|| |**Statement of Financial Activities**||5|| |**Balance Sheet**|6|to|7| |**Cash Flow Statement**||8|| |**Notes to the Cash Flow Statement**||9|| |**Notes to the Financial Statements**|10|to|16| |**Detailed Statement of Financial Activities**|17|to|18| **The Warren of Hull Limited** ## **Report of the Trustees** ## **for the year ended 31st March 2021** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **ACHIEVEMENT AND PERFORMANCE** This year has been like no other - as is the case for any organization producing audited accounts. But given that we are a user-led charity committed to supporting marginalised and vulnerable young people, the pandemic pushed us to think even harder to develop new ways of working, to respond even more quickly than we had before, to learn new skills, teach new skills, take chances, embrace new technologies in order to give young people & staff a sense of power and personal agency through resilience and solidarity. At the risk of sounding overly confident, it simply reassured us that allowing young people's needs to lead always works - even (or especially) during a pandemic. We were fortunate to be the beneficiary of emergency Covid funding which allowed us to swiftly adapt our delivery model. There were two significant physical changes to our building & operations (among many Covid-related physical changes, adaptations and partitioning). These were the repurposing of what was our record store into a state-of-the-art digital Hub called The Curve and the repurposing of another space to develop a project - called SCRAN! - to address worrying issues of food inequality among our cohort. The Curve: Back in 2019 we had already drafted a digital strategy to encompass (and attempt to address) everything that young people were telling us about the 'digital divide'. By this they meant: - Poor access to digital technologies both hardware and software; - the inability to learn digital skills; - a sense of being left behind; - inability to afford access to broadband and being limited to access via poor-quality mobile phone data contracts; - simply not understanding the digital world; - being unable to avail of the opportunities that come with being online. When Covid struck, that digital divide became glaringly obvious so we used some emergency funding to build The Curve - our state-of-the-art digital hub for young people that directly addresses an issue of powerlessness but also enabled us to bring young people together in a digital environment that created new relationships, was learning focused but was also empowering on an individual and community level and could be utilized as a tool to push for social justice on issues our young people felt strongly about. We are in the process of applying to The National Lottery for a funded 3-year programme to continue this work. SCRAN! (food hub): One of those issues they (and us) felt strongly about was food inequality. So, we have since combined our responses to food poverty and mental-health needs by developing a food-hub space called SCRAN! where young people can come together around baking, food preparation; cooking and talking in an effort to explore other therapeutic benefits of being around food together. Young people wanted us to address the issue of food inequality that we had seen on the doorsteps when we ran our food parcel delivery service during Lockdown so we used reserves to build the facility. We have since secured funding for the staff role of Food Lead until August of 2022 and are hopeful of securing further funding beyond that. In the meantime it is proving a hugely popular facility with young people. It was originally the space where we intended to build our digital hub but young people wanted us to address the issue of food poverty - hence SCRAN. We feel this is a strong example of how our approach of allowing the need to lead our practice, creates a more effective grassroots response and complements and enhances existing service delivery and outcomes across the organisation. ## **FINANCIAL REVIEW** Although our financial position is still healthy despite Covid pressures and we are still constantly exploring potential new funding opportunities, the financial landscape in the wider Charity Sector looks uncertain. This is largely due to funders having to reconsider funding priorities and how best to respond to the ongoing impact of Covid - they are seeing applications for funding soar to levels never seen before and are having to make difficult decisions about what to fund. So fundraising is looking like an increasingly competitive area as we enter the next financial year. However, we have developed new areas of work; brokered numerous new partnerships through Covid and - most importantly - successfully supported hundreds of young people though a pandemic while. Page 1 **The Warren of Hull Limited** ## **Report of the Trustees for the year ended 31st March 2021** ## **FUTURE PLANS** The big challenge in the coming year is developing our music-themed boutique hotel social enterprise which was mothballed due to Covid Lockdown - we have already secured planning permission for the development - but that expires in Nov 2022. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Warren of Hull Limited is a company limited by guarantee governed by its Memorandum & Articles of Association (dated 13th May 1988). Previously to becoming an independent organisation the Warren was part of Humberside Youth Association and opened in 1982. The Warren is a registered charity. Within the rules of Association the Warren is guided by its Empowerment Policy which was formally adopted by the Management Committee, staff and young people in 1991. ## **Recruitment and appointment of new trustees** The Coordinator (JJ Tatten) continues to recruit new Trustees (each of whom hold senior positions in their respective fields) to further support the Warren and the staff team across the areas of music, mental health, health, education, food, business and social enterprise. The new Board is highly skilled and very proactive in its support of The Warren's work and ambitions. ## **Organisational structure** As stated in our Articles the trustees meet six times a year. There are regular meetings between the Officers and the Coordinator and Finance Officer. The Coordinator post is appointed by the board to manage the operational and strategic requirements fo the agency. To facilitate effective operations the Coordinator has delegated responsibility, within the delegation approved by the trustees, for operational matters such as fund raising, finance, employment and providing activities and services to the young people of Hull. Within the operation there are two main bodies for examining and developing the work of the agency. There is the weekly staff meeting, open to all paid staff and young volunteers and 'The Thing' a weekly 'parliament' open to all young users to discuss and vote on relevant issues. Issues and ideas from both bodies are fed to the board on a regular basis and vice-versa. A key part of the trustees brief is to explore how effective the Coordinator and staff team are in providing empowering opportunities for and with young people. ## **Induction and training of new trustees** Over the last year the members have become more involved by attending staff training and strategy days and sessions. This has led to a greater awareness of the day to day issues that young people face and that staff have to respond to. It has allowed the staff team to benefit from the expertise and support of the individual committee members. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 02257667 (England and Wales) ## **Registered Charity number** 700458 ## **Registered office** 47-49 Queens Dock Avenue Queens Chamber Hull HU1 3DR Page 2 **The Warren of Hull Limited** ## **Report of the Trustees** ## **for the year ended 31st March 2021** ## **Trustees** B Woodcock B M Draper A E Flack C Ramsay D Robinson J A Rippingale L S Atkin E Flanagan (appointed 9/12/20) Mrs P Litten (appointed 9/12/20) Dr J White (appointed 9/12/20) All directors of the company are also trustees of the charity and there are no other trustees. The Board has the power to appoint additional trustees as it considers fit to do so, up to a maximum of twenty. All trustees who co-opted during the course of the year are subject to election at the following AGM. The position of Chair has been rotated since the resignation of Dr Max Anna Hope. Bruce Woodcock and Carla Ramsay remained Vice Chair and Treasurer respectively. ## **Independent Examiner** cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX ## **Bankers** The Co-operative Bank PO Box 250 Delf House Skelmersdale WN8 6WT Approved by order of the board of trustees on 8th December 2021 and signed on its behalf by: L S Atkin - Trustee Page 3 **Independent Examiner's Report to the Trustees of The Warren of Hull Limited** ## **Independent examiner's report to the trustees of The Warren of Hull Limited ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2021. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Alan Brocklehurst ACA ICAEW cbaSadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX 8th December 2021 Page 4 **The Warren of Hull Limited** ## **Statement of Financial Activities** ## **for the year ended 31st March 2021** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**766,566**
Other trading activities
3
**-**
**Total**
**766,566**
**EXPENDITURE ON**
Raising funds
4
**638,570**
Other
**75,146**
**Total**
**713,716**
**NET INCOME**
**52,850**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**265,054**
**TOTAL FUNDS CARRIED FORWARD**
**317,904**|Restricted
funds
£
**116,236**
**-**
**116,236**
**116,236**
**-**
**116,236**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**882,802**
**-**
**882,802**
**754,806**
**75,146**
**829,952**
**52,850**
**265,054**
**317,904**|2020
Total
funds
£
689,314| |---|---|---|---| ||||14,941| ||||| ||||704,255| ||||615,104
45,911| ||||| ||||661,015| ||||| ||||43,240| ||||221,814| ||||| ||||| ||||265,054| ||||| The notes form part of these financial statements Page 5 **The Warren of Hull Limited** ## **Balance Sheet** ## **31st March 2021** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
10
**17,275**
Investments
11
**1**
**17,276**
**CURRENT ASSETS**
Debtors
12
**46,328**
Cash at bank
**330,925**
**377,253**
**CREDITORS**
Amounts falling due within one year
13
**(76,625)**
**NET CURRENT ASSETS**
**300,628**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**317,904**
**NET ASSETS**
**317,904**
**FUNDS**
14
Unrestricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**-**
**45,970**
**45,970**
**(45,970)**
**-**
**-**
**-**|**2021**
**Total**
**funds**
**£**
**17,275**
**1**
**17,276**
**46,328**
**376,895**
**423,223**
**(122,595)**
**300,628**
**317,904**
**317,904**
**317,904**
**317,904**|2020
Total
funds
£
27,228
1| |---|---|---|---| ||||27,229| ||||51,754
294,719| ||||346,473| ||||(108,648)
237,825
265,054| ||||265,054| ||||265,054
265,054| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021. The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006. ## The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 6 continued... **The Warren of Hull Limited** ## **Balance Sheet - continued 31st March 2021** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 8th December 2021 and were signed on its behalf by: L S Atkin - Trustee The notes form part of these financial statements Page 7 **The Warren of Hull Limited** ## **Cash Flow Statement** ## **for the year ended 31st March 2021** |Notes
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|**2021**
**£**
**82,280**
**(104)**
**82,176**
**-**
**-**
**82,176**
**294,719**
**376,895**|2020| |---|---|---| |||£| |||67,715
(170)
67,545
(28,114)
(28,114)
39,431
255,288
294,719| The notes form part of these financial statements Page 8 **The Warren of Hull Limited** ## **Notes to the Cash Flow Statement for the year ended 31st March 2021** |**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM**|**OPERATING ACTIVITIES**|**OPERATING ACTIVITIES**| |---|---|---|---| |||**2021**|2020| |||**£**|£| ||**Net income for the reporting period (as per the Statement of Financial**||| ||**Activities)**|**52,850**|43,240| ||**Adjustments for:**||| ||Depreciation charges|**9,953**|4,103| ||Interest paid|**104**|170| ||Decrease in debtors|**5,179**|18,998| ||Increase in creditors|**14,194**|1,204| ||**Net cash provided by operations**|**82,280**|67,715| ||||| ## 2. ## **ANALYSIS OF CHANGES IN NET FUNDS** ||At 1/4/20|Cash flow|**At 31/3/21**| |---|---|---|---| ||£|£|**£**| |**Net cash**|||| |Cash at bank|**294,719**|**82,176**|**376,895**| ||**294,719**|**82,176**|**376,895**| |**Total**|**294,719**|**82,176**|**376,895**| The notes form part of these financial statements Page 9 **The Warren of Hull Limited** ## **Notes to the Financial Statements for the year ended 31st March 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 15% on reducing balance Computer equipment - 33% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. DONATIONS AND LEGACIES** |Grants and donations
Hull City Council
Big Lottery Fund - Restricted
HLC
Covid Grants
Government Grants|**2021**
**£**
**279,965**
**95,470**
**162,206**
**302,737**
**30,948**
**11,476**
**882,802**|2020| |---|---|---| |||£| |||237,330
91,030
128,210
232,744
-
-
689,314| continued... Page 10 **The Warren of Hull Limited** ## **Notes to the Financial Statements - continued for the year ended 31st March 2021** ## **3. OTHER TRADING ACTIVITIES** |Record Store
**RAISING FUNDS**
**Raising donations and legacies**
Staff costs
Rates and water
Insurance
Project services
Covid spend
Postage and stationery
Cleaning and sundry
Activities
Counselling
Staff training and volunteer expenses
Can do
HLC|**2021**
**£**
**-**
**2021**
**£**
**260,662**
**2,355**
**2,066**
**79,609**
**28,498**
**2,254**
**1,510**
**24,145**
**1,174**
**3,156**
**90,857**
**248,952**
**745,238**||2020| |---|---|---|---| ||||£| ||||14,941| ||||| ||||| ||||2020| ||||£| |||251,001
2,318
1,725
11,809
-
2,127
1,386
51,977
5,138
3,327
83,384
182,069|| |||596,261|| ## **4. RAISING FUNDS Raising donations and legacies** ## **Other trading activities** |Record store budget
Support costs
Aggregate amounts
**5.**
**SUPPORT COSTS**
Other trading activities|**2021**
2020
**£**
£
**-**
11,404
**9,568**
7,439
**9,568**
18,843
**754,806**
615,104
Governance
costs
£
**9,568**||2020| |---|---|---|---| ||||£| ||||11,404
7,439| ||||18,843| ||||| |||615,104|| continued... Page 11 **The Warren of Hull Limited** **Notes to the Financial Statements - continued for the year ended 31st March 2021** ## **6. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**2021**|2020| |---|---|---| ||**£**|£| |Auditors' remuneration|**2,160**|1,800| |Depreciation - owned assets|**9,953**|4,103| |||| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020. ## **8. STAFF COSTS** |Wages and salaries|**2021**
**£**
**260,662**
**260,662**|2020| |---|---|---| |||£
251,001
251,001| The average monthly number of employees during the year was as follows: |Counsellors
Administration
Project staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
561,104
Other trading activities
14,941
**Total**
576,045
**EXPENDITURE ON**
Raising funds
486,894
Other
45,911
**Total**
532,805|**2021**
**2**
**1**
**19**
**22**
Restricted
funds
£
128,210
-
128,210
128,210
-
128,210|2020| |---|---|---| |||2
1
19
22| |||| |||Total
funds
£
689,314| |||14,941| |||704,255| |||615,104
45,911| |||661,015| ## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 12 **The Warren of Hull Limited** ## **Notes to the Financial Statements - continued** ## **for the year ended 31st March 2021** |**9.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||£|£|£| ||**NET INCOME**|43,240|-|43,240| ||**RECONCILIATION OF FUNDS**|||| ||**Total funds brought forward**|221,814|-|221,814| ||**TOTAL FUNDS CARRIED FORWARD**|265,054|-|265,054| |**10.**|**TANGIBLE FIXED ASSETS**|||| |||Fixtures||| |||and|Computer|| |||fittings|equipment|Totals| |||£|£|£| ||**COST**|||| ||At 1st April 2020 and 31st March 2021|**48,122**|**29,313**|**77,435**| ||**DEPRECIATION**|||| ||At 1st April 2020|**46,033**|**4,174**|**50,207**| ||Charge for year|**313**|**9,640**|**9,953**| ||At 31st March 2021|**46,346**|**13,814**|**60,160**| ||**NET BOOK VALUE**|||| ||At 31st March 2021|**1,776**|**15,499**|**17,275**| ||At 31st March 2020|2,089|25,139|27,228| |**11.**|**FIXED ASSET INVESTMENTS**|||| |||||Shares in| |||||group| |||||undertakings| |||||£| ||**MARKET VALUE**|||| ||At 1st April 2020 and 31st March 2021|||**1**| ||**NET BOOK VALUE**|||| ||At 31st March 2021|||**1**| ||At 31st March 2020|||1| There were no investment assets outside the UK. The company's investments at the balance sheet date in the share capital of companies include the following: continued... Page 13 **The Warren of Hull Limited** ## **Notes to the Financial Statements - continued** ## **for the year ended 31st March 2021** ## **11. FIXED ASSET INVESTMENTS - continued** ## **The Warren of Hull Trading Limited** Registered office: 47-49 Queens Dock Avenue, Hull, HU1 3DR Nature of business: Record store and cafe |%
Class of share:
holding
Ordinary
**100**
Aggregate capital and reserves
Loss for the year
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Amounts owed by group undertakings
Prepayments and accrued income
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Amounts owed to group undertakings
Accruals and deferred income
**14.**
**MOVEMENT IN FUNDS**
At 1/4/20
£
**Unrestricted funds**
General fund
**165,054**
Repair and maintenance Fund
**40,000**
Redundancy Fund
**60,000**
**265,054**
**TOTAL FUNDS**
**265,054**|**2021**
**£**
**(92)**
**(1,325)**
**2021**
**£**
**653**
**45,675**
**46,328**
**2021**
**£**
**-**
**122,595**
**122,595**
Net
movement
in funds
£
**52,850**
**-**
**-**
**52,850**
**52,850**|||| |---|---|---|---|---| |||||2020
£
1,233
(1,932)| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| continued... Page 14 **The Warren of Hull Limited** ## **Notes to the Financial Statements - continued for the year ended 31st March 2021** ## **14. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Big Lottery Fund
Building development
**TOTAL FUNDS**|Incoming
resources
£
**766,566**
**162,206**
**(45,970)**
**116,236**
**882,802**|Resources
Movement
expended
in funds
£
£
**(713,716)**
**52,850**
**(162,206)**
**-**
**45,970**
**-**
**(116,236)**
**-**
**(829,952)**
**52,850**| |---|---|---| ## **Comparatives for movement in funds** |At 1/4/19
£
**Unrestricted funds**
General fund
121,814
Repair and maintenance Fund
40,000
Redundancy Fund
60,000
221,814
**TOTAL FUNDS**
221,814
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
576,045
**Restricted funds**
Big Lottery Fund
128,210
**TOTAL FUNDS**
704,255|Net
movement
At
in funds
31/3/20
£
£
43,240
165,054
-
40,000
-
60,000
43,240
265,054
43,240
265,054
Resources
Movement
expended
in funds
£
£
(532,805)
43,240
(128,210)
-
(661,015)
43,240| |---|---| Page 15 continued... **The Warren of Hull Limited** ## **Notes to the Financial Statements - continued** ## **for the year ended 31st March 2021** ## **14. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Repair and maintenance Fund
Redundancy Fund
**TOTAL FUNDS**|At 1/4/19
£
121,814
40,000
60,000
221,814
221,814|Net
movement
in funds
£
96,090
-
-
96,090
96,090|At
31/3/21
£
217,904
40,000
60,000| |---|---|---|---| ||||317,904| ||||317,904| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|1,342,611|(1,246,521 )|96,090| |**Restricted funds**|||| |Big Lottery Fund|290,416|(290,416)|-| |Building development|(45,970)|45,970|-| ||244,446|(244,446)|-| |**TOTAL FUNDS**|1,587,057|(1,490,967 )|96,090| The maintenance of reasonable reserves provides some stability to the charity in circumstances where funding streams are variable. In this context separate funds have been established for Redundancy and Repairs and Maintenance. ## **15. RELATED PARTY DISCLOSURES** At the balance sheet date, the company was owed £653 from the The Warren of Hull Trading Limited. Page 16 **The Warren of Hull Limited** ## **Detailed Statement of Financial Activities for the year ended 31st March 2021** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants and donations
Hull City Council
Big Lottery Fund - Restricted
HLC
Covid Grants
Government Grants
**Other trading activities**
Record Store
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Wages
Rates and water
Insurance
Project services
Covid spend
Postage and stationery
Cleaning and sundry
Activities
Counselling
Staff training and volunteer expenses
Can do
HLC
**Other trading activities**
Record store budget
**Other**
Building development
Depreciation of tangible fixed assets
**Support costs**
**Governance costs**
Auditors' remuneration
Carried forward||2021
£
**279,965**
**95,470**
**162,206**
**302,737**
**30,948**
**11,476**
**882,802**
**-**
**882,802**
**260,662**
**2,355**
**2,066**
**79,609**
**28,498**
**2,254**
**1,510**
**24,145**
**1,174**
**3,156**
**90,857**
**248,952**
**745,238**
**-**
**65,193**
**9,953**
**75,146**
**2,160**
**2,160**|2020
£
237,330
91,030
128,210
232,744
-
-| |---|---|---|---| ||||689,314
14,941| ||||704,255
251,001
2,318
1,725
11,809
-
2,127
1,386
51,977
5,138
3,327
83,384
182,069| ||||596,261
11,404
41,808
4,103| ||||45,911
1,800
1,800| This page does not form part of the statutory financial statements Page 17 **The Warren of Hull Limited** ## **Detailed Statement of Financial Activities for the year ended 31st March 2021** ||**for the year ended 31st March 2021**||| |---|---|---|---| |**Governance costs**
Brought forward
Sage and software costs
Accountancy and legal fees
Bank charges and interest
Total resources expended
**Net income**||2021
£
**2,160**
**7,304**
**-**
**104**
**9,568**
**829,952**
**52,850**|2020
£| ||||1,800
4,889
580
170| ||||7,439| ||||661,015| ||||43,240| ||||| This page does not form part of the statutory financial statements Page 18