##
|CONTENTS||
|---|---|
||Page Nos.|
|TRUSTEES' ANNUAL
REPORT|3to 16|
|REPORT OF THE INDEPENDENT AUDITORS|17to 19|
|STATEMENT OF FINANCIAL ACTIVITIES|20|
|BALANCE SHEET|21|
|CASH FLOW STATEMENT|22|
|NOTES TO T'HE CASH FLOW STATEMENT|23|
|NOTES TO THE FINANCIAL STATEMENTS|24 to36|
##
|Charity Name||Maggs Day Centre|
|---|---|---|
|Charity registration|number|700852|
|Company
registration|number|02278501|
|Registered
office||Maggs Day Centre, StAlbans, Deansway,|
|||Worcester, WR1 2JD|
|he Directors who are also|Trustees and who serv|ed during the year were:||
|---|---|---|---|
||Role|Appointed|Resigned|
|Or Olive Skidmore|Chair|||
|Ms Avril Gilmore|Vice-Chair|||
|Or Robert Nichols|Secretary|20 May 2022||
|Ms Nicola Malyon|Treasurer|7 July 2022||
|Mrs Jane Kemp||||
|Mr Alden Taylor||||
|Mrs Susan Osbourne||7July 2022||
|Mrs Helen Perry-Smith||5 December 2022||
|Mr Gary Morgan||12May 2022|20July 2023|
|Mr lan Crane|||31March 2023|
|Dr Helen Taylor||20 May 2022|1March 2023|
|Mr Melvyn Akers|||26Ociober 2022|
|Rev Brian Gant|||5October 2022|
|Mr Martyn Saunders|||4 April 2022|
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|Measures ofsuccess vary dependent
on the|Measures ofsuccess vary dependent
on the|needs|needs|ofservice users. However, there are some common|ofservice users. However, there are some common|ofservice users. However, there are some common|
|---|---|---|---|---|---|---|
|recurrent outcomes such as:(Numbers|refer to individuals||||assisted. )||
||||~ .|~|~||
|Supported
to set up a bank account||||||51|
|Universal
Credit claimants assisted to|claim the benefits|||||126|
|Improved
Money management||||||92|
|A reduction
in anxiety and depression||||||239|
|Accessing substance
misuse services||||||71|
|Engagement
with physical
health services||||||89|
|Reduction
in isolation||||||248|
|A reduction
in risks to self and others||||||217|
|Access and attend the relevant
mental|health||support|||119|
|improved
ability to self-care||||||48|
|Accompany
service users to appointments||and advocate|||on their behalf|210|
|Service users able to access external support|||agencies independently|||184|
|Ability to express their individual
needs without becoming|||||aggressive|172|
|Moved into accommodation||||||67|
|Reconnection
to their area of local connection||||||23|
||~ -|~|~|||||
|---|---|---|---|---|---|---|---|
|Registered|with GP|||14|Moved into accommodation||22|
|Helped with|Physical|Health||41|Improved|employability
skills|12|
|Helped with|Mental|Health||38|Improved|personal safety|30|
|Helped with|substance||misuse issues|50|Benefit claim application||46|
|Housing advice/housing|||assessment|62|Improved|money management|31|
||~ ~|~|~ ~.|~|~ .
~
~
-
I|||
|---|---|---|---|---|---|---|---|
|Registered|with GP||3||Rebuilding
relationships|||
|Accessing|benefits||12||Helped
with substance|misuse issues|19|
|Registering|for housing||6||Accessing transport|||
|Meaningful|use oftime||15||Addressing
mental
health||18|
|Addressing|violent behaviour||6||Utilities set up|||
|Bank account set up|||1||Budgeting skills taught||10|
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||for|the Year E|nded 31stMarch|2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|5|6|6|
|INCOME AND ENDOWMENTS|FROIH||||||
|Dona5ons and legacies|||227,142||699,646|780,679|
|Charitable activities|||||||
|Maggs Day Centres
Maggs Accommodation
Project
Maggs Outreach
and Transition|Services||618
115,075|1,745
13,754|616
116.820
13,754|8,206
92,866
756|
|Investment
income|||~4088||~4088|631|
|Total|||346,921|488,003|~834924|883,138|
|EXPENDITURE ON|||||||
|Raising funds||||||2,516|
|Charitable activl6es|||||||
|Maggs Day Centres
Maggs Accommodation
Project
Maggs Outreach
and TransiTion|Services||167,137
124,2$6
~4663|53,183
80,785
~398535|220,320
205,051
~403198|170,179
202,502
314088|
|Total|||296,066|~532503|~8285$9|689,285|
|NET INCOMEI(EXPENDITURE)
Transfers between funda||22|50,855
~7 233|)44,500)
~233)|6,355|193,853|
|Net movement
in funds|||58,088|(51,733)|6,355|193,853|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||757,263|215,212|972,475|778,622|
|TOTAL FUNDS CARRIED FORWARD|||~815 351|~163 479|~978 830|~972475|
||Maggs|Day Centre||||
|---|---|---|---|---|---|
||Balance Sheet|||||
||31st|March 2023||||
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|6|6|6|6|
|FIXEDASSETS||||||
|Tangible assets
Social investments|17
18|46,365
~212352||46,365
212,352|46,046
212,352|
|||258,717||2ss,rtr|256,400|
|CURRENT ASSETS||||||
|Debtors
Cash at bank|19|43,120
~555186|36,723
~145979|79,843
~701165|46,702
~702923|
|||S98,306|182,702|781,008|751,625|
|CREDITORS||||||
|Amounts
falling due within one year|20|(41,672)|(19,223)|(60,895)|(37,550)|
|NET CURRENT ASSETS|||163,479|720113|714075|
|TOTAL ASSETSLESSCURRENT|UABILITIES|815,351|163,479|978,830|972,475|
|NETASSETS||~815351|~163479|~978830|~972475|
|FUNDS|22|||||
|Unrestricted
funds
Restricted funds||||815,351
~163479|757,263
~215212|
|TOTAL FUNDS||||~976830|~972475|
##
||||fifiaggs Day Centre|||
|---|---|---|---|---|---|
||||Cash Flow Statement|||
||||forthe Year Ended 31stMamh|2023||
|||||2023|2022|
||||Notes|8|6|
|Cash flows from operating|activities|||||
|Cash generated
from operations||||1 772|~257 854|
|Net cash provided
by operating||activities||~12772|257,854|
|Cash flows fmm investing|activities|||||
|Purchase oftangible fixed assets||||(18,618)|(36,006)|
|Purchase ofsocial investments|||||(212,352)|
|Interest received||||4,088|631|
|Net cash used in investing
acfivities||||~14530)|~247 727)|
|Change in cash snd cash|equivalents||In|||
|the reporting
period||||(1,758)|10,127|
|Cash and cash equivalents|at|the||||
|beginning
ofthe reporting|period|||~702923|~692796|
|Cash and cash equivalents|at|the end|of|||
|the reporting
period||||~701 185|~702 923|
##
||fort|fort|fort|
he Year Ended 31st March 2023|||
|---|---|---|---|---|---|---|
||RECONCILIATION
OF NET INCOISE|||TO NET CASH PLOW FROM OPERATING|ACTIVITIES||
||||||2023|2022|
||||||6|E|
||Net income for the|reporting|period|(as per the Statement ofFinancial|||
||Activities)||||6,355|193,853|
||Adjustments
for:
Depredation
charges
interest received||||18,301
(4,088)|16,645
(531)|
||(Increase)/decrease|in debtors|||(31,141)|86,897|
||Increase/(decrease)|in auditors|||~23 345|~38910)|
||Net cash provided
by operations||||~12772|~257 854|
|2.|ANALYSIS OF CHANGES IN||NET FUNDS||||
|||||At 1.4.22|Cash 5ow|At 31.3.23|
|||||5|5|6|
||Net cash||||||
||Cash at bank snd in|hand||~702923|~1758)|~701 'l65|
|||||~702923|~1758)|~701 165|
||Total|||~702923|~1758)|~701 165|
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|DONATIONS
AND LEG|ACIE|S|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023
5|2022f|
|Donations|||||||106,250|103,250|
|Legacies|||||||379|35,205|
|Grants|||||||565,017|616,224|
|Donated rental facili5es fWorcester|||Munidpal||Charities)||~28000|~24 000|
|||||||||~760679|
|Grants received, included|in the above,|||are as|follows:||||
||||||||2023|2022|
||||||||5||
|Worcester City Council -|Navigation||Service|||||147,670|
|Worcester City Council -|Intervention||&|Transition||Worker|83,443||
|Worcestershire
County Council - Harm||||Reduction||Worker|50,000|37,500|
|Worcestershire
County Council - Covid||||Funding||||10,734|
|Worcester City Council -|other||||||19,830||
|Wyre Forest District Council -||Navigation||Service|||139,590||
|Big Lottery Fund|||||||95,000|95,000|
|Homeless
Link||||||||92,437|
|Lloyds Bank Foundation|||||||35,250|33,000|
|Worcester Municipal
Charities|||||||30,830|29,675|
|Eveson Charitable
Trust|||||||28,000|26,000|
|William A Cadbury
Charilable||Trust||||||20,000|
|Sundry other grants (lass|than|510,000||each)|||~83 074|126,208|
||||||||~565 017|~616 224|
##
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##
|||||||2023
6|2022f|
|---|---|---|---|---|---|---|---|
|Bank interest||||||~4088|631|
|INCOME FROM CHARITABLE|||ACTIVITIES|||||
|||||||2023|2022|
||||Activity|||6||
|Sundry income|from services||Maggs Day Centres|||816|6,206|
|Sundry income|from services||Msggs Accommodation|Project||'l,745|60|
|Social housing|rental income||Maggs Accommodation|Project||115,075|92,806|
|Sundry income|from services||Maggs Outreach and Transition||Services|~13754|756|
|||||||131,190|101,628|
|RAISING FUNDS||||||||
|RAISING DONATIONS||AND LEGACIES||||||
|||||||2023|2022|
|||||||6|6|
|Fundraising
event expenses|||||||~2516|
|CHARITABLE ACTIVITIES COSTS||||||||
||||||Direct|Support||
||||||Costs (see|costs jsee||
||||||note 9)|nots 10)|Totals|
||||||2|||
|Maggs Day Centres|||||131,588|88,734|220,320|
|Maggs Accommodation||Pmject|||183,574|21,477|205,051|
|Msggs Outreach|and Transition|||||||
|Services|||||~202023|~111175|~403108|
||||||~607 183|~221 388|828,560|
|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||||
|||||||2023|2022|
|||||||6||
|Staff costs||||||343,066|263,320|
|Rent||||||92,214|83,767|
|Insurance||||||12,106|9,673|
|Light, hest and rates||||||47,215|31,730|
|Telephone
and internet||||||8,230|8,231|
|Repairs and maintenance||||||24,008|14,497|
|Day centre expenses||||||25,953|24,969|
|Staff training and expenses||||||17,634|15,340|
|Cleaning||||||5,442|5,249|
|Travel||||||7,922|11,759|
|Sundry
Deprecisson||||||4,'I01
~18301|2,336
16,645|
|||||||~607 183|~487 656|
##
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|SUPPORT COS|TS|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Governance||
|||||||Management
6||costs
f|Totals
5|
|Msggs Day Centres
Maggs Accommodation
Project
Maggs Outreach
and Transition|||Services|||85,854
21,477
~111175||2,880|88,734
21,477
~111175|
|||||||~218|506|~2880|~221 386|
|Support costs, included||in ths above, are||as follows:||||||
|MANAGEMENT||||||||||
|||||||||2023|2022|
|||||||Maggs||||
|||||||Outreach||||
||||||Maggs|and||||
||||Maggs|Day|Accommodation|Trsnsmon||Total|Total|
||||Centres||Project|Services
2||activities
f|activities
5|
|Wages|||43,003||21,157|108,287||173,347|162,283|
|Social security|||9,963|||||0,983|7,606|
|Pensions|||2,965|||||2,$65|3,411|
|Postage and stationery|||2,348||297|||3,349|1,718|
|Sundries|||1i333|||||1,333||
|Legal and professional||fees|13,200||||300|13,513|10,319|
|Staff recruitment||||41||1,884||1,925|2,086|
|Bad debts|||10,653|||||10„653||
|Bank charges|||IA39|||||1,458|139|
|Termination
settlement|||||||||8,771|
||||~85 854||~21 477|~111|175|~218506|~196333|
|GOVERNANCE|COSTS|||||||||
|||||||||2023|2022|
|||||||||Maggs Day|Total|
|||||||||Centres|activities|
|||||||||6|6|
|Auditors'
remuneration||||||||~2880|~2880|
|NET INCOME/(EXPENDITURE)||||||||||
|Net income/(expenditure)||is stated after charging/(crediting):||||||||
|||||||||2023|2022|
|||||||||6||
|Depreciation - owned assets||||||||18,301|16,545|
|Property rental costs||||||||~64 214|59,767|
##
##
|Amounts|paid to the auditor
in the year are as follows:|||
|---|---|---|---|
|||2023|2022|
|||6|E|
|Auditor's
remuneration
Other services||2,880
~2558|2,680
~2934|
|||~5438|5,814|
##
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|STAFF COSTS|||||
|---|---|---|---|---|
||||2023|2022|
||||6||
|Wages and salaries
Social security costs
Other pension costs|||488,224
35.818
~8199|400,345
27,011
~9264|
|||||436620|
|The average
monthly|number ofemployees|during the year was as follows:|||
||||2023|2022|
|Average number ofemployees|||28|22|
##
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##
||Nlaggs Day Centre
Notes tothe Financial Statements
-continued
forthe Year Ended 31st March 2023|Nlaggs Day Centre
Notes tothe Financial Statements
-continued
forthe Year Ended 31st March 2023|Nlaggs Day Centre
Notes tothe Financial Statements
-continued
forthe Year Ended 31st March 2023|||
|---|---|---|---|---|---|
|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|fundsf|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||204,455|576,224|780,679|
|Charitable
activiges||||||
|Maggs Day Centres|||8,206||8,206|
|Maggs Accommodation
Project
Maggs Outreach
snd Transi5on||Services|92,866|756|92,866
756|
|Investment
income|||||631|
|Total|||306,158|~576980|~883 138|
|EXPENDITURE ON||||||
|Raising funds|||2,516||2,516|
|Charitable
activities||||||
|M eggs Day Centres
Maggs Accommodation|Project||117,597
136,779|52,582
65,723|170,179
202,502|
|Maggs Outreach
snd Transition||Services|~24 965)|~339053|~314088|
|Total|||231,927|457,358|689,285|
|NET INCOME|||74,231|119,622|193,853|
|Transfers between funds|||~101594|~101594)||
|Net movement
in funds|||175,825|18,028|193,853|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward|||581,438|197,184|778,622|
|TOTAL FUNDS CARRIED FORWARD|||757263|~215212|~972475|
##
##
##
|17.|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|---|
|||Improvements||||
|||to|Plant and|Computer||
|||property|machinery|equipment|Totals|
|||8||7|2|
||COST|||||
||At 1stApril 2022|111,001|52,3$9|28,367|191,767|
||Additions
Oisposals||1,010|17,608
~11,587|18,618
~l1 587)|
||At 31st March 2023|~111001|~53409|~34388|~1987$8|
||DEPRECIATION|||||
||At 1stApril 2022|93,517|32,220|1$,982|145,719|
||Charge foryear
Eliminated
on disposal|7,570|3,847|6,884
~11587)|18,301
~11587)|
||At 31st March 2023|~101087|~36 067|15279|~152433|
||NET BOOK VALUE|||||
||At 31st March 2023|$914|~17 342|~19 109|~46 365|
||At 31st March 2022|~17484|~20 179|~8385|~46 048|
|18.|SOCIAL INVESTMENTS|||||
||||||Social|
||||||tnvesiment|
||||||in|
||||||property|
||||||2|
||MARKET VALUE|||||
||At 1stApril 2022 snd 31stMarch 2023||||25 352|
||NET BOOKVALUE|||||
||At 31stMarch 2023||||212352|
||At 31st March 2022||||212352|
|19.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
|||||6|2|
||Trade debtors|||29,59?|15,250|
||Accrued income|||29,599|23,352|
||Prepayments|||~20 647|~10100|
|||||~79 843|~48 702|
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##
|22,|MOVEISENT IN FUNDS|MOVEISENT IN FUNDS||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 12L22
f||in funds
6|funds
f|31.3.23
E|
||Unrestricted
funds|||||||||
||General fund||||522,055||50,855|7,233|580,143|
||Outreach services reserve fund||||107,075||||107,075|
||Property purchase|reserve|||100,000||||100,000|
||Property
sinking
fund reserve||||~28|133|||~28133|
||||||757,263||50,855|7,233|815,351|
||Restricted funds|||||||||
||Big Lottery Fund||||24,480||(24,480)|||
||Building Capabilities|||||100|(100)|||
||Equipment
forthe day centre|||||431|3,493|(2,750)|1,165|
||ITTWorkers||||||1,062|(1,062)||
||Maggs Accommodation||Project||1,853||(1,853)|||
||Malvern
Day Centre||||29,884||13,877|(150)|43,611|
||Navigation||||145,805||(28,781)|(2,507)|114,427|
||Pret Foundation||||2,030||(2,030)|||
||St Martin in the Field (and related funds)||||3,138||(3,138)|||
||Wellbeing
Sundry smail restricted funds||||101
~6481||{101)
~1540|~685)|~276|
||||||~215212|||7 33|~163 7$|
||TOTALFUNDS||||~072 475||||~978 830|
||Nst movement
in funds,||included|in the above are as follows:||||||
||||||||Incoming|Resources|Movement|
||||||||resoulces|expended|in funds|
|||||||||5|2|
||Unrestricted
funds|||||||||
||General fund||||||346,921|(206,066)|50,855|
||Restricted funds|||||||||
||Big Lottery Fund||||||05,000|{11gg80)|(24,480)|
||Building CspabiliTies|||||||(100)|(100)|
||Equipment
for the day centre||||||5,000|(1,507)|3,493|
||Harm Reduction
Worker||||||50,000|(50,000)||
||ITTWorkers||||||83,443|(82,381)|1,062|
||Maggs Accommodation||Project||||21,015|(22,868)|{1,853)|
||Maggs Outreach and Transition|||Services|||3,500|(3,500)||
||Malvern Dsy Centre||||||45,472|(31,595)|13,877|
||Navigation||||||160,160|(107,041)|(28,781)|
||Pret Foundation|||||||(2,030)|(2,030)|
||St Martin
In the Field (and related funds)||||||2,036|{5,174)|(3,138)|
||Wellbelng
Sundry small restricted funds||||||13,377|(101)
~14917)|(101)
~1540)|
||||||||~488003|532 503|44500|
||TOTALFUNDS||||||534,924|828.569|6,355|
##
##
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.21
f|in funds
f.|funds
f|31.3.22|
|Unrestricted
funds|||||||
|General
fund|||344,469|74,231|103,355|522,055|
|Outreach services reserve fund|||107,075|||107,075|
|Property purchase reserve
Property
sinking fund reserve|||100,000
~29 894||~1761)|100,000
~28 133|
||||581,438|74,231|101.594|757,263|
|Restricted funds|||||||
|Accommodation
project|support|worker|6,954|(6,954)|||
|Aviva|||S99|(999)|||
|Big Lottery Fund
Building Capabilities|||100|24,4SO||24,480
100|
|Covid-19 related funding
Equipment
for the day centre
Harm Reduction Worker|||2,104|12,315
6,«5
6«|(12,315)
(7,788)
(6«)|431|
|Housing
benefit received|for tenants||4,199|(4,199)|||
|Msggs Accommodation|Project||2,004|6,599|(6,750)|1,853|
|Maggs Outreach and Transition||Services|41,041|(39,825)|(1,216)||
|Malvern
Day Centre|||46,789|(18,934)|2,029|29,884|
|Navigation|||77,401|71,157|(2,753)|145,805|
|Pret Foundation|||6,229|(3,290)||2,939|
|Property Purchase
St Martin
in the Field (and related funds)|||1,024|70,000
2,«4|(70,000)|3,138|
|Tenancy support worker
Wellbeing
Sundry
small restricted funds|||5,000
2,404
936|(5,000)
(«3)
~5545|(2,190)|101
~6481|
||||~197184|~tt9622|~101594|~215212|
|TOTAL FUNDS|||~778622|~193853||~972475|
##
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##
##
##
##
##
|Restricted funds||
|---|---|
|Equipment
for the dey centre|2,759|
|ITTWorkers|1,062|
|Malvern
Day Centre fund|150|
|Navigation
fund|2,802|
|Sundry small restricted funds|460|
||~7233|
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