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||||Page||
|---|---|---|---|---|
|Refcrcncc and Administrative
Details|||||
|Report ofthe Trustees||2|to|6|
|Report ofthe Independent
Auditors||7|to|9|
|Statement ofFinancial|Activities||IO||
|Balance Sheet|||||
|Cash Flow Statement|||12||
|Notes to thc Cash Flow Statement|||13||
|Notes to the Financial|Statcmcnts|14|to|22|
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||FOR|THE YEAR|ENDED 31MAR|CH 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes||5||f.|
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|936,747|451&797|1~8)544|1,332,935|
|Other trading
activities
Investment
mcome||3
4|1,677
~2073||1,677
~2073|2400
~190I|
|Total|||940,497|451,797|1492494|1,337,036|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable
activities|||828309|416,000|1~4309|1,233,405|
|NET INCOME|||112,188|35,797|147,985|103,631|
|Traasfers between
funds||16|~26 452|~26
52|||
|Net movement ia funds|||138,640|9445|147,985|103,631|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||480,815|35rt01|516416|412,585|
|TOTAL FUNDS CARRIED FORWARD|||~619455|~44 746|~664 01|~516216|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|fimds|funds|fimds|
||Notes|f||||
|FIXEDASSETS||||||
|Tangible assets|12|2„tt85||2 tr85|6,975|
|CURRENT ASSETS||||||
|Debtors|13|25482||25482|17,144|
|Cash at bank and in hand||66((886666|~44 746|~713612|~587 110|
|||694,448|44,746|739,194|604454|
|CREDITORS||||||
|Amounts
falling due within one year|14|(77tt78)||(77,978)|(95,013)|
|NKT CURRENT ASSETS||~616470|~44 746|~661 216|~509 241|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|619,455|44&746|664401|516416|
|NET ASSETS||~619455|~44 746|~664 01|~516
16|
|FUNDS|16|||||
|Unrestricted
fimds||||619,455|480,815|
|Restricted funds||||~44 746|~35401|
|TOTAL FUNDS||||~664 01|~516 216|
|||||CASH FLOW STATEMENT|||
|---|---|---|---|---|---|---|
|||||FORTHE YEAR ENDED 31MARCH|2021||
|||||Notes|2021
8|2020f|
|Cash flows from operatiag|activities||||||
|Cash generated
fiom operations|||||~124429|~120854|
|Net cash provided by operating||activities|||~124429|~120854|
|Cash flows from iavestlng|activities||||||
|Interest receival|||||~2073|1 901|
|Net cash provided by investing||activities|||~2073|1 901|
|Change la cash and cash equivalents|||in|the|||
|reportiag
period
Cash aad cash eqnlvaleats|at|the beginning of|||126,502|122,755|
|the reporting
period|||||~587110|355|
|Cash and cash equivaleats|at|the end|of|the|||
|reporting
period|||||~713612|7 110|
##
|||NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31MARCH 2021|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31MARCH 2021|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31MARCH 2021||
|---|---|---|---|---|---|
|RECONCILIATION||OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||||
|||||2021|2020|
|||||8|f.|
|Net Income for tbe|reporting||period (as per the Statement ofFinancial|||
|Activities)||||147,985|103,631|
|Adjustments
for:||||||
|Depreciation
charges||||3rt90|3,990|
|Interest received
(Increase)/decrease
(Decrmse)/increase|in
in|debtors
creditors||(2&073)
(8,438)
~17035|(1,901)
9,326
~5808|
|Net cash provided|by|operations||~124429|~120 854|
##
||At 1.4.20|Cash flow|At31.321|
|---|---|---|---|
||f,|||
|Net cash||||
|Cash at bank and in hand|~587110|~126502|~713612|
||~587110|~126502|~713612|
|Total|~587110|~126 502|~713612|
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|DONATIONS
AND LEGA|CIES|||||
|---|---|---|---|---|---|
|||||2021f|2020f|
|Donations
Grants||||2,423
~186121|245
~1332690|
|||||~188 544|~1332935|
|Grants receivetk
inoluded
in|the above, are as follows:|||||
|||||2021|2020|
|Money Advice and Pension|Service|||277,887|271,123|
|Housing Project - The Booths Charities
Department
ofWorks and Pension
The City ofSalford||||15,000
565,726|15,000
1,877
565,726|
|Cornerstone||||5,000|5,000|
|Loaves and Fishes||||8333|8,333|
|Salford Foodshare Network||||8,310|14,862|
|Citizens Advice - Broadband|||||1,250|
|Community
Fund l(Big Lottery) - Help Thmugh||Crisis||85436|105,687|
|Cohersive Control - The Booths Charities||||15,000|15,000|
|The Edward Holt Trust - Advice and Development|||Worker|33490|59,480|
|Citizens Advice - Universal|Support Help To Claim|||273,880|265,352|
|Binoh ofManchester||||5,000|2,500|
|CVS Covid-19||||500|500|
|Salford CVSVocal|||||900|
|Seams Action|||||100|
|National
CAB BEISsotlphones||||13,000||
|National
CAB BEISremote|working|||4,640||
|Co-op Foundation||||1)200||
|Citizens Advice Innovation|grant - BEIS|||25,000||
|The City ofSalford covid-19||||25,000||
|HMRC JRS gmnt
Community
Fund Employ)neat||||3,060
~20659||
|||||I 86121|I 332 690|
##
||FORTHE YEAR ENDED|FORTHE YEAR ENDED|
31MARCH 2021||||
|---|---|---|---|---|---|---|
||OTHER TRADING ACTIVITIES||||||
||||||2021|2020|
||Training
and room|hire|||~1677|~200|
|4.|INVESTMENT INCOME||||||
||||||2021|2020|
||Deposit account interest||||~2073|~1901|
|5.|CHARITABLE ACTIVITIES COSTS||||||
||||Direct||Support||
||||Costs (sec|costs (see|||
||||note 6)||note 7)|Totals|
||Charitable
activities||~17009|f,
~700||f,
~14 09|
||DIRECT COSTS|OFCHARITABLE ACTIVITIES|||||
||||||2021f|2020|
||Staffcosts||||995400|1,026,742|
||Rent and rates||||30,005|31370|
||Insurance||||6485|5,952|
||Light and heat||||2,311|5,542|
||Telephone||||16,448|10rr51|
||Postage and stationery||||8,023|16,623|
||Advertising||||3,283|1,535|
||Sundries||||17,663|20,909|
||Repairs and renewals||||55g14|24,710|
||Training
and information||||27,161|22,204|
||Service Delivery||||45&000|45,000|
||Travel||||1)253|9,408|
||Legal, professional|and compensation|||4,738|1,464|
||Bank charges||||290|305|
||Covid-19 costs||||12,134||
||Grant for food||||I)000||
||Monitoring
and evaluation
Depreciation|||6,211
~3990||~3990|
|||||I|7009|~1226705|
|7,|SUPPORT COSTS||||||
|||||||Governance|
|||||||f|
||Charitable
activities|||||~700|
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|Support|costs, included|in t|he a|bove,|are as follows:|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||Charitable|Total|
|||||||actlvlnes|activities|
|Auditors'|remuneration|||||3,425|3425|
|Auditors'|remuneration|for|non|audit|work|~3875|~375|
|||||||7
00|~6700|
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|Net income/(expenditure)|Net income/(expenditure)|is stated ager charging/(crediting);|||
|---|---|---|---|---|
||||2021|2020|
|||||f.|
|Auditors'|remuneration||3,425|3,325|
|Auditors'|remuneration|for non audit work|3,875|3,375|
|Depreciation - owned assets|||~3990|~3990|
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|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||2021
0|2020I|
|Wages and salaries||||876,731|905,233|
|Social security costs
Other pension costs||||71rt34
~46
35|73,418
48 091|
|||||995 00|~1026742|
|Four key personnel|received total emoluments||off.173,830.|||
|The average monthly|number ofemployees|during the year was as follows:||||
|||||2021|2020|
|Direct charitable
work||||32|31|
|Charitable
work and|administration|||6|9|
|Administration||||I|1|
|||||39|41|
##
##
|||NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31MARCH 2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31MARCH 2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31MARCH 2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31MARCH 2021|||
|---|---|---|---|---|---|---|---|
|11.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||6|f.||
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||864,083|468,852|1,332,935|
||Other trading
activities
Investment
income||||2300
I 901||2,200
~1901|
||Total||||868,184|468,852|1,337,036|
||EXPENDITURE ON|||||||
||Charitable
activltles|||||||
||Charitable
activities||||819,690|413,715|1,233,405|
||NET INCOME||||48,494|55,137|103,631|
||Transfers
between|funds|||27 638|~27638||
||Net movement
in funds||||76,132|27,499|103,631|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|forward|||404,684|7,901|412,585|
||TOTAL FUNDS CARRIED FORWARD||||480 816|~35400|~516 16|
|12.|TANGIBLE FIXEDASSETS|||||||
||||||||Short|
||||||||leasehold|
||COST|||||||
||At I April 2020 and|31|March 2021||||~129171|
||DEPRECIATION|||||||
||At I April 2020||||||122,196|
||Charge for year||||||~3990|
||At 31March 2021||||||~126186|
||NET BOOK VALUE|||||||
||At 31 March 2021||||||~2985|
||At 31March 2020||||||6975|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|VAT||||||3,693||
|Prepayments
and accrued|income|||||~21
9|17 144|
|||||||~25
82|~17 144|
|CREDITORS: AMOUNTS FALLING DUE WITHIN|||ONE YEAR|||||
|||||||2021|2020|
|||||||f||
|Tmde creditors||||||5,159|828|
|Social security and other taxes||||||21,620|18,985|
|VAT|||||||24,613|
|Other creditors||||||4413|16,113|
|Accrued expenses||||||~46686|~34474|
|||||||~77 978|~95 013|
|Other creditors includes f720 ofdeferred income (2020 -|||f7,500).This relates to grants for periods after 31March 2021|||||
|received prior to 31March 2021.||||||||
|LEASING AGREEMENTS||||||||
|Minimum
lease payments|under non-csncegable|operating|leases faU due as follows:|||||
|||||||2021|2020|
|||||||f|f.|
|Between one and five years||||||~63 112|~30 625|
|MOVEMENT IN FUNDS||||||||
||||||Net|Transfers||
||||||movement|between|At|
||||At 1.4.20||in fimds|funds|31.3.21|
||||f|||f||
|Unrestricted
funds||||||||
|General fund|||480,815||112,18S|26,452|619,455|
|Restricted funds||||||||
|Housing Project - The Booths Charities (a)|||||883||883|
|Loaves and Fishes (b)||||599|1448||1,847|
|Help Through Crisis (c)|||3,526||71482|(1,010)|9J98|
|Cohersive Control
—The Booths Charities (e)||||106|(384)|278||
|The Edward Holt Trust - Advice and||||||||
|Development
Worker (fl
Citizens Advice - Help To Claim (g)
Community
Employment
Fund (h)|||30,425
745||1493
24rt79
~4|(25,724)
4|32,018|
||||~35401||~35797|26452|~44 746|
|TOTAL FUNDS|||~516|16|~147 985||~664
01|
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||||Incoming|Resources|Resources|Movement|
|---|---|---|---|---|---|---|
||||reconfees
f|c&speeded||in funds|
|Unrestricted
funds|||||||
|General fund|||940&497|(828,309)||112,188|
|Restricted funds|||||||
|Housing Project - The Booths Charities (a)|||15,000||(14&117)|883|
|Loaves and Fishes (b)|||8433||(7,085)|1448|
|Help Through
Crisis (c)|||85,535||(78,053)|7&482|
|Cohersive
Control - The|Booths Charities (e)||15&000||(15384)|(384)|
|The Edward Holt Trust -|Advice and||||||
|Development
Worker (f)
Citizens Advice - Help ToClaim (g)
Community
Employmeut
Fund (h)|||33&390
273,881
~20658|(31,797)
(248,902)
~20 662)||1493
24J79
~4)|
||||~451797||416000|~35797|
|TOTAL FUNDS|||~192 94|I|4 09|~147 85|
|Conlparatives
for movement
in funds|||||||
||||Net|Transfers|||
||||nlovcnlcnt||between|At|
|||At 1.4.19|in funds||funds|31.3.20|
||||f||f|f.|
|Unrestricted
funds|||||||
|General fimd||404,684|48,493||27,638|480,815|
|Restricted funds|||||||
|Housing Project - The Booths Charities (a)||96|(115)||19||
|Loaves and Fishes (b)||48|551|||599|
|Help Through
Crisis (c)||5,709|(983)||(1,200)|3,526|
|Awards For All (d)||86|(129)||43||
|Cohersive Control - The Booths Charities (e)|||106|||106|
|The Edward Holt Trust -|Advice and||||||
|Development
Worker (f)||1,436|28,989|||30,425|
|Citizens Advice
—Help To Claim (g)||526|~26 719||26 500|745|
|||7 901|55,138||27638|~35401|
|TOTAL FUNDS||412585|~103631|||~516216|
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||Incoming|Resources|Resources|Movement|
|---|---|---|---|---|
||resources
f||expended|in funds
f.|
|Unrestricted
funds|||||
|General fund|868,184||(819,691)|48,493|
|Restricted
funds|||||
|Housing Project - The Booths Charities (a)|15,000||(15,115)|(115)|
|Loaves and Fishes (b)|8334||(7,783)|551|
|Help Tbmugh
Crisis (c)|105,686||(106,669)|(983)|
|Awards For All (d)|||(129)|(129)|
|Cohersive Control - The Booths Charities (e)|15,000||(14,894)|106|
|The Edward Holt Trust - Advice and|||||
|Development
Worker (I)
Citizens Advice - Help To Claim (g)|59,480
265 352|(30,491)
~238,633)||28,989
~26 719|
||~468 852||413714|~55 138|
|TOTAL FUNDS|~1337036|I|33405|~103631|
|Analysis offunds:-|||||
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