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||||Page|
|---|---|---|---|
|Reference|and Administrative|Information||
|The Board|ofTrustees'
Reporl||2- 11|
|Statement|of the Boards' Responsibilities||12|
|Independent
Auditors'
Report||on the Financial Statements|13-16|
|Statement|of Comprehensive|Income|17|
|Statement|of Changes
in Reserves||1B|
|Balance Sheet|||19|
|Statement|of Cash Flows||20|
|Notes to the Financial Statements|||21-35|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|E|E|
|TURNOVER||||890,115|950,958|
|Operatmg
costs||||(893,695)|(655022)|
|Fundraising
costs||||(1,110)||
|Operating
Surplus/(Deficit)||||(4,690)|95,936|
|Interest receivable|and s miler income|||2,393|4.245|
|Surplusl(deficil)|for the year|||(2,297)|100,161|
|Total comprehensive||income for the year||r|IP0,+f1|
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||||Restricled|Unrestricied|Designated|Total|
|---|---|---|---|---|---|---|
||||reserves|reserves|reserves|funds|
||||E|E|E|E|
|2020|||||||
|Balance|as al|I Apnl 2019||1,483,294|110,000|1,593,294|
|Surplus/(debat)||for Ihe year|11,509|128,494|(39,822)|100,181|
|Transfer|lo designated
reserves|||(94,508)|94,508||
|Balance|as al|31 March 2020|||||
||||11 509|1 517280|164686|1 693475|
|2021|||||||
|Balance|as al|1 April 2020|11,509|1,517,280|164,696|1,993,475|
|Surplus/(defial)||for Ihe year|(2,338)|59,065|(59,024)|(2,297)|
|Transfer|lo designated
reserves|||(63,204)|63,204||
|Balance|as at|31 hlarch 2021|||||
||||9 171|1 513141|168866|1 691 178|
##
||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|
||||AS AT 31 MARCH 2021|||||
||||Note||2021
6||2020f|
|Fixed assets||||||||
|Tangible assets|||||1,675,490||1,741.906|
||||||1,675,490||2,74f.906|
|Current assets||||||||
|Debtors||||76,188||71,693||
|Cash at bank and|in hand|||927,637||912,485||
|||||1,003,825||984, 178||
|Creditors. amounts|falling|due within one||||||
|year|||12|(52,537)||(56.911)||
|Net current assets|||||951,288||927,267|
|Total assets less|current|liabilities|||2,626,778||2.669.173|
|Creditors
amounts|fallino|due after more||||||
|than one year|||||(935,600)||(975,698)|
|Total net assets|||||1,691,178||1,693.475|
|Reserves||||||||
|Restncted
reserves|||15||9,171||1I.509|
|IJnrestricted
reserves|||15||1,682,007||1,681.966|
||||||1,691,178||1,693,475|
##
|||FOR|T|HE YEAR ENDED 31 MARCH 202|1||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||||L'|
|Cash flows from operating||activities|||||
|Net cash used
in operahng|activities||||79,801|183665|
|Cash flaws from investing||activities|||||
|Inferest received|||||2,393|4,245|
|Proceeds
from Ihe sale of tangible
fixed assets||||||1 760|
|Purchase
of tangible
fixed assets|||||(1 716)|(72 083)|
|Net cash provided
by/(used||in) investing||activities|677|(6,078)|
|Cash flows from financing||activities|||||
|Repayments
ot borrowing|||||(39,597)|(32.279)|
|Interest
paid|||||(25,729)|/35, 894)|
|Net cash used
in financing||activities|||(65,326)|(69,113)|
|Change
in cash and cash|equivalents||in|the year|15,152|108,474|
|Cash and cash equivalents|al the beginning|||of Ihe year|912,485|804 01 7|
|Cash and cash equivalents||at the end|of|the year|927,637|912,485|
|The notes on pages 21 to 35||form part of these financial statements|||||
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Independent||Living Support||(Supporting|People)|149,578|148.797|
|Housing|Benefit|||||675,470|700,915|
|Ineligible|Cliarge|||||41,614|51 T37|
|Other income||||||16,117|23,909|
|Donations||and gifts||||7,336|11,600|
|Grants|||||||14,000|
|Social housing
operating|||costs|||(893,695)|(855,022)|
|Fundraising||expenses||||(1,110)||
|Operating||(deficit)/surplus||||(4,690)|95,936|
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
||E|f.||
|Interest receivable|2.393|2,393|4.245|
|Total 2020|4,245|4.245||
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||||||Direct|Support|Total|Tofaf|
|---|---|---|---|---|---|---|---|---|
||||||costs|costs|funds|funds|
||||||2021|2021|2021|2020|
|||||||E|E|E|
|Independent||Lming|Support|(Supporbng|||||
|People)|||||126,322|26,027|152,349|146.345|
|Housing|Benefit||||381,274|253,907|635,181|636.856|
|Ineligible|Charge||||32,115|9,300|41,415|52.460|
|Additional|Charitable||Activities||18,751|45,999|64,750|20,361|
||||||558,462|335,233|893,695|855.022|
|Total 2020|||||562.488|292,534|855,022||
##
|||Independent||||||
|---|---|---|---|---|---|---|---|
|||Living||||||
|||Support|||Additional|||
|||(Supporting|Housing|Ineligible|Charitable|Tots I|Tolal|
|||Peopie)|Benefit|Charge|Activities|funds|lunds|
|||2021|2021|2021|2021|2021|2020|
|||E|E|E|E|E|E|
|Staff costs||121,031|78,256|1,173|18,459|218,919|239,936|
|Premises||||||||
|expenses||2.235|299.962|27.032|292|329,521|303.320|
|Residents||||||||
|expenses||||854||854|8.969|
|Professional|fees|3,056|3,056|3,056||9,168|20.263|
|||126,322|381.274|32.115|18,751|558,462|562,488|
|Total 2020||84.4T5|436,909|20,821|20,283|562.488||
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||Independent||||||
|---|---|---|---|---|---|---|
||Living||||||
||Support|||Additional|||
||(Supporting|Housing|Ineligible|Charitable|Tots I|Tclal|
||People)|Benefit|Charge|Activities|funds|funds|
||2021|2021|2021|2021|2021|2020|
||E|E|E||E|E|
|Slaff costs|20,435|134,266|6,811|34.552|196,064|143,994|
|Depreciation||68.132|||68,132|68.850|
|Loan interest||25,729|||25,729|36,894|
|Other support|||||||
|costs|3,760|23.947|656|11,447|39,810|37,f64|
|Governance|1,832|1,833|1,833||5,498|5.63?|
||26,027|253,907|9,300|45,999|335233|292 534|
|Total 2020|61,870|199.947|30,639|78|292,534||
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##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||Fees payable
to the
charaable
company's||charitable
annual|company's
accounts|auditor for the audit of Ihe|5,040|5,040|
|8.|Staff costs|||||||
|||||||2021|2020|
|||||||E|E|
||Wages and salaries|||||375,695|348.678|
||Social secunty|costs||||22,958|20893|
||Pension costs|||||16,330|14.359|
|||||||414.983|383.930|
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|||2021|2020|
|---|---|---|---|
|||No.|No|
|Support workers||18|17|
|Management|and administrative|5||
|Domestic staff||2||
|||25|24|
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||Freehold|Property|Fixtures and|Office||
|---|---|---|---|---|---|
||property|improvements|fittings|equipment|Total|
||E|E|||E|
|Cost or valuation||||||
|Al 1 April 2020|2,097,930|2,95D|38,649|16,117|2,155,646|
|Addiaons||||1,716|1,716|
|At 31 March 2021|2,097,930|2,950|38,649|17,833|2,157,362|
|Depreciation||||||
|At I Apnl 2020|376,635|2,950|22,604|11,551|413,74D|
|Charge
for the year|64,783||2,551|798|68,132|
|At 31 March 2021|441,418|2,950|25,155|12,349|481,872|
|Net book value||||||
|At 31 March 2021|1,656,512||13,494|5,484|1,675,490|
|Al 31March 2020|I,721,295||15,045|4,566|1.741.906|
##
|||||2021f|202D
E|
|---|---|---|---|---|---|
|Prepayments|and|accrued|income|76,188|71,693|
|||||76,188|71,593|
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||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Bankloans|- secured||34,720|34,219|
|Trade creditors|||9,548|6,999|
|Taxation|and social secunty|||6.060|
|Other creditors|||3,229|2.752|
|Accruals|and deferred|income|5,040|S,S81|
||||52,537|56,911|
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|Bank loans - secured||||||935,600||975.698|
|Included|within
the above are amounts|||falkng|due as follows.||||
||||||||2021|2020|
||||||||E|E|
|Between|one and two|years|||||||
|Bank loans - secured||||||36,111||35.297|
|Between|two and five|years|||||||
|Bankloans|- secured|||||177,853||112,713|
|Over five|years||||||||
|Bank loans - secured||||||721,636||827.688|
|The aggregate
amount
reporting
dale is:||of kabilities|payable||or repayable|wholly or in pah more than|five years|after the|
|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Repayable|by|instalm|ants|721,636|827.688|
|||||721,636|827,688|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||6|5|
|Financial|assets||||||||
|Financial|assets measured||at amorhsed||cost||927,637|912.485|
||||||||2021|2020|
||||||||6|5|
|Financial|liabilities||||||||
|Other financial
liabilities||measured||at amoriised||cost|988,137|1.026 549|
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|Statement
|of rese|rves||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|||Transfers|31 March|
||||April 2020|Income|Expenditure|in/out|2021|
||||6|E'|E|E|E|
|Unrestricted|funds|||||||
|Designated|funds|||||||
|Information|technology||5,000||(3,823)||1,177|
|Training|||35,000||(37,794)|38,294|35,500|
|Marketing|||15,000||(4,103)||10,897|
|Fundraising|||10,000||||10,000|
|Development|||67,100|||7,567|74,667|
|Contingency|||32,586||(13,304)|17,343|36,625|
||||164,686||(59,024)|63,204|168,866|
|General funds||||||||
|Unrestricted|reserves||1,517,280|890,292|(831,227)|(63,204)|1,513.141|
|Total Unrestricted||funds|1,681,966|890,292|(890,251)||1,682,007|
|Restricted funds||||||||
|Carlton Hayes|||4,500||||4,500|
|National
Lottery Community||||||||
|Fund|||7,009||(4,117)||2,892|
|Edward
Gosling||||1,716|||1,716|
|Tesco Community||Grani||500|(437)||63|
||||11,509|2,216|(4,554)||9,171|
|Total of funds|||1,693,475|892,508|(894,805)||1,691,178|
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|||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||E|E|
||Nel
income/expenditure|||for|the|year|(as|per|Statement|of|Financial|||
||Activities)|||||||||||(2,297)|100181|
||Adjustments
for:|||||||||||||
||Depreciation
charges|||||||||||68,132|68.851|
||Decrease/(increase)|in debtors||||||||||(4,485)|469|
||Decrease
in creditors|||||||||||(4,885)|(18.485)|
||Interest paid|||||||||||25,729|36,894|
||Interest received|||||||||||(2,393)|(4.245)|
||Net cash provided|by operating||||activities||||||79,801|183,665|
|17.|Analysis
ofcash and||cash equivalents|||||||||||
|||||||||||||2021f|2020
E|
||Cash in hand|||||||||||927,637|912,485|
||Total cash and Cash||equivalents|||||||||92/,637|912,485|
|18.|Analysis
ofchanges||in|net debt||||||||||
|||||||||||At 1 April|||At 31 March|
||||||||||||2020|Cash flows|2021|
||||||||||||f|f|E|
||Cash at bank and in|hand|||||||||912,485|15,152|927,637|
||Debt due within
1 year||||||||||(34,219)|(501)|(34,720)|
||Debt due after
1 year||||||||||(975,698)|40,098|(935,600)|
||||||||||||(97,432)|54,749|(42,683)|
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|||2021|2020|
|---|---|---|---|
|||E|5|
|Land and buildings||||
|Not later than|I year|159,322|159,322|
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