| Tnlstees | SDeLooze |
|---|---|
| C Hurst!Treasurer) | |
| D Ireland (InterimChair) | |
| _M_Pankhurst | |
| APeasgood | |
| JElsey | |
| APatel | |
| PParmar | |
| Secretary | RMawdsley |
| Charitynumber | 702230 |
| Companynumber | 02422130 |
| Prlnclpaladdress | RldsewayHouse |
| Little HIii | |
| NewtonLane | |
| Wlgston | |
| LE183SE | |
| Realsteredoffice | RidgewayHouse |
| Little HIii | |
| NewtonLane | |
| Wlgston | |
| LE183SE | |
| Auditor. | ThomasMayfleldBAACA |
| Mayfleld&Co | |
| 2 Merus Court | |
| MeridianBusinessPark | |
| Leicester | |
| LE191RI | |
| Bankers | HSBC |
| SOllcltors | HowesPercivalLLP |
| 3TheOsiersBusinessCentre | |
| Leicester | |
| LE191DX |
| Trurn!esreport | |
|---|---|
| Statementoftrusteesrespon!lbilnles | 1 |
| lndepanclentauditor'sreport | 8-10 |
| Sta1ementofflnantialactivities | 11-12 |
| Balanet'sheet | 13·14 |
| Statementofcashflows | 15 |
| Notestoth&flnanolelSUlleMent:, | 16·3S |
| Notes Incomefrom: Donationsandlegacies 3 Charitable activities 4 Ralsl111funds 5 Investments & lbtallncame ~!!H.ndituntan: Fundraising 7 Charitable activities 8 Total expenditure Net gains/(losses)oninvestments 12 |
UnrestrictedUnrastrtcted Restricted lbtal UnrestrictadUnrestricted Restrided lbtal funds funds funds funds funds funds pnenal deslpated ceneral desl,lnated 2023 2023 2023 2023 2022 2022 2022 2022 £ £ £ £ £ £ £ £ 35,101 - 198,109 233,210 42,833 817,208 860,041 3,203,834 - 560,237 3,764,071 2,588,920 691,966 3,280,886 16,302 - - 16,302 16,640 - 16,640 11,928 - - 11,928 3,568 - 3,568 -- 3,267,165 758,346 4,025,511 2,651,961 1,509,174 4,161,135 -- 26,228 - - 26,228 25,205 - - 25,205 -- 2,544,853 - 804,500 3,349,353 2,534,109 - 1,346,849 3,880,958 -- 2,571,081 - 804,500 3,375,581 2,559,314 - 1,346,849 3,906,163 -- - - - - 16,507 - 16,507 |
|---|---|
| Notes Netlnr.omi~(outping)resourcesbeforetntnsfen Grosstransfers between funds NetmovernemIn funds Fundbalancesat1April2022 Fundbalancesat31March20Z3 |
Unrestricted funds general 2023 £ 696,084 (90,610) 605,474 527,716 1,133,190 Unrestricted funds deslpated Z023 £ - 90,392 90,392 2,320,861 2,411,253 Restricted lbtal Unrestricted funds funds general 2023 2023 2022 £ £ £ (46,154) 649,930 109,154 218 (195,361) (45,936) 649,930 (86,207) 310,313 3,158,890 613,923 264,3n 3,808,820 527,716 Unrestricted Restricted lbtal funds funds designated Z022 Z022 zozz £ £ £ - 162,325 271,479 195,361 -- 195,361 162,325 271,479 2,125,500 147,988 2,887,411 -- 2,320,861 310,313 3,158,890 |
|---|---|
| Notes Fixedassets Tangibleassets 15 Currenta11ets Debtors 16 cashatbankandInhand Creditors:amount•f•lll111duewithinone yaar 18 Net currentassets Totalassetsless currentITabllltles Creditors:amountsf•lll111dueaftermore thanoneyear 19 Net11sets Incomefunds Restrictedfunds 23 unrestrictedfunds Designatedfunds 24 Generalunrestrictedfunds |
2023 £ 371,090 2,056,831 2,427,921 (558,023) 2,411,253 1,133,190 |
£ 2,707,157 1,869,898 4,577,055 (768,235) 3,808,820 264,377 3,544,443 3,808,820 |
2022 E 285,869 2,079,236 2,365,105 (441,386) 2,320,861 527,716 |
£ 2,020,477 1,923,719 3,944,196 (785,306) 3,158,890 310,313 2,848,577 3,158,890 |
|---|---|---|---|---|
| Note1 Ce1hflowsfromoperatingactivities Cashgeneratedfrom operations 27 lnve1tln1activities Purchaseoft.anglblefixedassets Proceedsondlsposaloft.anglblefixedassets ProceedsondisposalofInvestments InvestmentIncomereceived NetcashusedInInvestingactivities Fln1nd111activities Repaymentofbankloans NetcashusedInftnancln1activities Net(dec:ruse)/lncreaseIncashandcashequlval1nt1 Cashandcashequlvalentsatbeginningofyear cashandcashequlvalentsatendofyear |
2023 £ (353,131) 11,928 (25,541) |
£ 344,339 (341,203) (25,541) (22,405) 2,079,236 2,056,831 |
2022 £ (586,560} 4,469 249,406 3,568 (79,730} |
£ 849,889 (329,117} (79,730) 441,042 1,638,194 2,079,236 |
|---|---|---|---|---|
| Schemesupportcosts | 78" |
|---|---|
| Fund-raising and publlclty | 4" |
| Management and administrationofthe charity | 18" |
| Unrestricted funds pneral Z023 £ Donations andgifts 35,101 Grants receivable - -- 35,101 -- Donationsandlifts Donations andgifts - other 35,101 -- 35,101 -- |
Restricted Total Unresbicted Restricted Total funds funds funds general 2023 2023 2022 2022 2022 £ £ £ £ £ - 35,101 42,833 - 42,833 198,109 198,109 - 817,208 817,208 -- -- -- 198,109 233,210 42,833 817,208 860,041 -- -- -- -- -- - 42,833 42,833 35,101 -- -- -- 35,101 42,833 42,833 -- -- -- -- -- -- |
|---|---|
| Donationsandlepcles | (Continued) | |||||
| G111ntsreceivablefarcareactivities | ||||||
| LeicesterCityCouncil - R'8htToBuy | 234,624 | 234,624 | ||||
| Reaching People Moneywise Plus | 52,299 | 52,299 | 50,762 | 50,762 | ||
| O!ildrenInNeed/BuildingBlocks | 20,927 | 20,927 | 17,776 | 17,776 | ||
| LeicesterCityCouncil Additional Pressure Funding | 17,444 | 17,444 | - | 18,262 | 18,262 | |
| HSFundFood | 150,000 | 150,000 | ||||
| LCCFoodbank | 78,543 | 78,543 | ||||
| Food Partnership | 150,000 | 150,000 | ||||
| Other | 107,439 | 107,439 | 117,241 | 117,241 | ||
| --- | --- | --- | ||||
| 198,109 | 198,109 | 817,208 | 817,208 | |||
| --- | --- | --- | --- | --- | --- --- |
| OtherIncome Analysisbyfund Unrestrictedfunds-seneral Restrictedfunds |
HOUlll"II schemes 2023 £ 3,764,071 3,203,834 560,237 3,764,071 |
Hou1ln1 schemes 2022 £ 3,280,886 2,588,920 691,966 3,280,886 |
|---|---|---|
| Includedwithin UnrestrictedIncomefor2023relatll'IItoHousingSchemesarethe followln1: | Includedwithin UnrestrictedIncomefor2023relatll'IItoHousingSchemesarethe followln1: |
|---|---|
| Boardandlodslnsandrentreceipts | £295,824 |
| Housingbenefitsreceipts | £3,014,629 |
| Baddebts recovered/(writtenoff) | (£106,619) |
| Total | £3,203,834 |
| IncludedwithinRestrictedIncomefor2023relatingtoHouslnaSchemesarethefollowing: | |
| AccommodationBasedHousingRelatedSupport £319,476 |
|
| CommunitiesTransitionFund | £59,655 |
| ProtectScheme(FloraLodge) | £181,106 |
| Total | £560,237 |
| AllIncomefromcharitableactivitiesaretoprovideHousrnsRelatedSupport. |
| & | Investments | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| general | general | ||
| ZOZ3 | ZOll | ||
| £ | £ | ||
| Interestrecelvable | 11,928 | 3,568 | |
| -- | -- | ||
| 7 | Fundralslna |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| pnenl | pner•I | |
| 2023 | zozz | |
| £ | £ | |
| Costsofraisinsfunds | ||
| Premisescosts | 694 | 750 |
| Stationeryandpubllcatlons | 1,950 | 1,020 |
| Tralnlngandcommunications | 1,459 | 1,191 |
| Auditandprof'esslonalfees | 953 | S59 |
| Other fundralslnacosts | 93 | 242 |
| Staffcosts | 21,079 | 21,443 |
| Costsofraisingfunds | 26,228 | 25,205 |
| 26,228 | 25,205 | |
| -- | -- |
| Staffcosts Depreciationand Impairment Premisescosts Managementcharge Charitableexpenditure Cateringcosts Communications Stationery,publlcatlons andpubllclty ITcosts TVrentalandllcenses Bankchargesandfees Renewals(Misc) Motorandtravel Welfare Training,meetingsand staffdevelopment Grantsrepayable Shareofsupportcosts (seenote9) Shareofgovernancecosts (seenote9) Analystsbyfund Unrestricted funds • general Restrictedfunds |
Hous1r,1 schemes 2023 £ 1,043,838 (376,379) 521,214 562,613 700 36,750 12,419 2,511 7,145 3,975 62,582 49,015 5,574 1,020 140 1 1,933,118 481,053 130,682 2,544,853 2,544,853 2,544,853 |
0,erltable ectlvltas 2023 £ 576,499 42,830 113,003 12,081 6,379 422 14,814 1,977 2,250 1,113 9,710 12,042 6,886 4,494 804,500 804,500 804,500 804,500 |
Total 2029 £ 1,620,337 (333,549) 634,217 574,694 7,079 37,172 27,233 4,488 9,395 5,088 62,582 58,725 17,616 7,906 4,634 1 2,737,618 481,053 130,682 3,349,353 2,544,853 804,500 3,349,353 |
Housh,a schemes 2022 £ 569,020 532,875 354,780 367,129 320 2s,2n 21,927 8,366 6,071 4,767 26,061 24,077 9,863 3,667 3,096 1,960,296 462,270 111,543 2,534,109 |
Ch•rttabla ectlvltes 2022 £ 852,616 65,545 64,268 50,830 148,300 141,609 4,335 1,115 189 318 5,438 6,514 5,542 230 1,346,849 1,346,849 1,346,849 1,346,849 |
n.tal 2022 £ 1,421,636 598,420 419,048 417,959 148,620 169,886 26,262 9,481 6,260 5,085 26,061 29,515 16,377 9,209 3,326 3,307,145 462,270 111,543 3,880,958 2,534,109 1,346,849 3,880;958 |
|
|---|---|---|---|---|---|---|---|
| 2,534,109 2,534,109 |
| 9 | Support costs | ||||||
|---|---|---|---|---|---|---|---|
| Support costs | Governance | ZOZJ | Support costs | Governance | Z02Z | ||
| costs | colts | ||||||
| £ | £ | £ | £ | £ | £ | ||
| Staff costs | 358,346 | 42,lSB | 400,504 | 364,529 | 42,886 | 407,415 | |
| Premises costs | 15,384 | 15,384 | 16,308 |
16,308 | |||
| Communications and | |||||||
| Insurance | 10,974 | 10,974 | 10,406 | 10,406 | |||
| Stationery, publlcatlons and | |||||||
| publicity | 3,250 | 3,250 | 1,699 | 1,699 | |||
| ITcosts | 17,304 | 17,304 | 12,983 | 12,983 | |||
| Tralnln1 | 7,253 | 7,253 | 5,148 | 5,148 | |||
| Traveland vehicle costs | 678 | 678 | 2,003 | 2,003 | |||
| Auditand professional fees | 14,732 | 14,732 | 12,557 | 12,557 | |||
| Meetlnp andstaff | 1,581 | 1,581 | 4,117 | 4,117 | |||
| Sundryother costs | 47,428 | 47,428 | 28,777 | 28,777 | |||
| Vehlclecosts | 4,123 | 4,123 | 3,743 | 3,743 | |||
| Auditfees | 6,816 | 6,816 | 5,305 | 5,305 | |||
| Premises costs | 9,763 | 9,763 | 8,977 | 8,977 | |||
| CommunI cations | 1,437 | 1,437 | 1,363 | 1,363 | |||
| Stationery and publlcatlons | 7,799 | 7,799 | 4,078 | 4,078 | |||
| ITcosts | 17,304 | 17,304 | 12,983 | 12,983 | |||
| Other governance costs | |||||||
| (IncludesTraining,Travel, | |||||||
| Meetln1 staff, Recruitment, | |||||||
| Bankcharpsand | |||||||
| Mlscellaneous expenses) | 45,405 | 45,405 | 35,951 | 35,951 | |||
| -- | |||||||
| 481,053 | 130,682 | 611,735 | 462,270 | 111,543 | 573,813 | ||
| -- | -- | -- | |||||
| -- | -- | -- | |||||
| Analysedbetween | |||||||
| Charitable activities | 481,053 | 130,682 | 611,735 | 462,270 | 111,543 | 573,813 | |
| -- | -- | -- | -- | -- | -- |
| Theaveragemonthly numberofemployeesduring theyearwas: | |||
|---|---|---|---|
| ChiefExecutive HousingSchemes Administration and support Cleaning/Maintenance Cook/Foodbank Total Employmentcosts Wapsandsalaries SOclalsecuritycosts Otherpensioncosts |
2023 Number 1 27 10 8 46 |
2022 Number 1 32 11 6 5 55 |
|
| 2023 f. 1,857,569 130,879 53,472 2,041,920 |
20Z2 f. 1,660,462 133,089 56,943 1,850,494 |
| Thenumberofemployeeswhoseannualremunerationwasmore than£60,000Isas follows: Band£60,000to£70,000 Band£70,000to£80,000 Netplns/(loues)on Investments Revaluatlonofinvestments |
2023 2022 Nwnber N\Nnber 1 1 |
|---|---|
| Total Unrestricted funds ......, 2029 2022 f. f. 16,507 |
| Inrespectof: Property, plantandequipment Reversalsofprevious Impairment losses have been recognisedInprofitorlossasfollows: Inrespectof: Property, plantandequipment 'nln1lblefixedassets FrHholdSchemeFbcturaMotorvthklel Property AFltttnp £ £ £ Cost At1 April 2022 3,206,187 254,502 26,137 Additions 331,841 21,290 At31March 2023 3,538,028 254,502 47,427 DepreciationandImpairment At 1 April 2022 1,185,710 254,502 26,137 DepreciationcharpdIntheyear 125,189 4,879 ReversalofpastImpairment (463,617) At.31March 2023 847,282 254,502 31,016 carrylna•mount At31March 2023 2,690,746 16,411 At.31 March 2022 2,020,477 |
2029 £ 2023 £ 463,617 |
2022 £ 461,814 2022 £ lbtal £ 3,512,155 353,131 3,865,286 1,491,678 130,068 (463,617) 1,158,129 2,707,157 2,020,477 |
|
|---|---|---|---|
| CentnllOfflc:a Equipment £ 25,329 25,329 25,329 25,329 |
| Debtors | ||
|---|---|---|
| 2023 | 2022 | |
| Amountsfalllnadue withinoneyear: | £ | £ |
| Tradedebtors | 248,691 | 230,663 |
| Other debtors | 73,245 | 4,918 |
| PrepaymentsandaccruedIncome | 49,154 | 50,288 |
| 371,090 | 285,869 | |
| -- | -- | |
| Loansandoverdrafts | ||
| 2023 | 2022 | |
| £ | £ | |
| Bankloans | 789,496 | 815,037 |
| -- | -- | |
| Payablewithinoneyear | 21,261 | 29,731 |
| Payableafteroneyear | 768,235 | 785,306 |
| -- | -- |
| 18 | Creditors:amountsflllll111duewithinoneyear | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Notas | £ | £ | ||
| Bankloans | 17 | 21,261 | 29,731 | |
| Othertaxationandsoclalsecurity | 30,835 | 31,755 | ||
| DeferredIncome | 20 | 97,101 | 27,504 | |
| Tradecreditors | 159,503 | 109,003 | ||
| Other creditors | 83,712 | 78,316 | ||
| AccrualsanddeferredIncome | 165,611 | 165,077 | ||
| 558,023 | 441,386 | |||
| -- | -- | |||
| 19 | Creditors:amountsflllll111dueaftermorethanoneyear | |||
| 2029 | 2022 | |||
| Notes | £ | £ | ||
| Bankloans | 17 | 768,235 | 785,306 | |
| -- | -- | |||
| 20 | DeferredIncome | |||
| 2029 | 2022 | |||
| £ | £ | |||
| Arising fromGrantsinadvance | 97,101 | 27,504 | ||
| -- | -- | |||
| DeferredIncomeIsIncluded In the financial statementsasfollows: | ||||
| 20ZJ | 2022 | |||
| £ | £ | |||
| DeferredIncomeIsIncluded within: | ||||
| Currentllabllltles | 97,101 | 27,504 | ||
| -- | -- | |||
| MovementsInthe year: | ||||
| DeferredIncomeat1 Aprll2022 | 27,504 | 1~,916 | ||
| ResourcesdeferredInthe year | 69,597 | (81,412) | ||
| Deferredincomeat31March2023 | 97,101 | 27,504 | ||
| -- | -- |
| 22 Unrestricted funds Balanc:eat lnmme 1Aprll2021 £ £ GeneralFund 562,462 2,651,961 RevaluationFund 51,461 613,923 2,651,961 |
Movement infunds EJ!pendlbn TrandersGal•andLoues £ £ £ (2,559,314) (195,361) - - 16,507 Bala1K8at Income 1AprlZ022 £ £ 459,748 3,267,165 67,968 |
MovementIn funds Expenditure TranstmGalmandLaaa Bala1K8at J1Marc:112023 £ £ £ £ (2,571,081) (90,610) - 1,065,222 - - - 67,968 -- (2,571,081) (90,610) - 1,133,190 |
|---|---|---|
| (2,559,314) (195,361) 16,507 527,716 3,267,165 |
| MovementInfunds BIia-it Income Expendltln 111111-11 1AprllZOZ1 1Aprl20ZZ £ £ £ £ Resettlement grants 11,090 - (11,090) Sundry grants 3,452 671,668 {657,610) 17,510 Tribalcapital Grant 29,414 - (29,414) Communities TransitionFund(NHS) - 118,063 (111,063) - PretaMange 5,882 - (2,558} 3,324 O'lildrenInNeed(BuildingBlocks) 17,776 (17,776} - MoneywisePlusReachingPeople 50,762 (50,762) - LeicesterCityCouncil-RightToBuy 90,986 234,624 (36,131) 289,479 WorldHabitat Grant - - LCCFoodbank - 78,543 {78,543) Waste and ResourcesActionProgramme{WRAP) 7,164 - (7,164) LeicesterCityCouncllAdditional Pressure Funding - 11,262 (18,262) AccomodationBasedHousingRelated Support 319,476 (319,476) . 147,988 1,509,174 (1,346,849) 310,313 |
Movementinfunds lncama Ellpenclture Tnllllfers £ £ £ 286,684 (291,563) 211 59,655 (59,655) (3,324) 20,927 (20,927) 52,299 (52,299) {37,951) - 1,861 (1,861} 17,444 (17,444} 319,476 (319,476) 758,346 (804,500) 218 Balanceat 31-n:ll20Z3 £ 12,849 251,528 264,377 |
|---|---|
| Bal•IICIIat 1Apr1120Z1 £ PropertyFund 1,040,000 DIiapidationFund 140,500 DevelopmentFund 725,000 ContingencyFund 220,000 2,125,500 |
Tnnlfen Bal•nc•• t 1AprltZDZZ £ £ 130,000 1,170,000 12,480 152,980 78,750 803,750 (25,869) 194,131 |
Tnnlfen Bll•nce•t J1M•rdlZOD £ £ 1,170,000 10,400 163,380 75,000 878,750 4,992 199,123 90,392 2,411,253 |
|---|---|---|
| 195,361 2,320,861 |
| Unrestricted Desllnated Funds Funds 2023 2023 £ £ Fund balancesat31March2023arerepresentedby: Tangibleassets 1,285,629 1.170,000 Current assets/(llabllltles) 615,796 1,241,253 Longtennliabilities (768,235) - 1,133,190 2,411,253 |
Restricted Funds 2023 £ 251,528 12,849 - 264,377 |
Total Unrestricted Deslpated Funds Funds 2023 Z02Z Z022 £ £ £ 2,707,157 560,998 1,170,000 1,869,898 752,024 1,150,861 {768,235) (785,306) - 3,808,820 527,716 2,320,861 |
Restricted Total Funds 202.Z Z022 £ £ 289,479 2,020,477 20,834 1,923,719 - (785,306) 310,313 3,158,890 |
|---|---|---|---|
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Agregatecompensation | 213,131 | 204,342 |
| cashgeneratedfromoperations | 2023 | 2022 |
|---|---|---|
| £ | £ | |
| Surplusforthe year | 649,930 | 271,476 |
| Adjustments for: | ||
| InvestmentIncomerecognisedInstatementofflnanclal activities | (11,928) | (3,568) |
| FairvaluegainsandlossesonInvestments | (16,507) | |
| DepreciationandImpairmentoftangible fixedassets | (333,549) | 598,420 |
| Movements InwortclngcapitaI: | ||
| (lncrease)/decreasein debtors | (85,221) | 53,686 |
| IncreaseIn creditors | 55,510 | 27,794 |
| lncrease/(decrease)IndeferredIncome | 69,597 | (81,412) |
| cashpneratedfrom operations | 344,339 | 849,889 |
| -- | -- |
| cashat bankandInhand Loansfalling due within one year Loansfalling due after more thanoneyear At1Aprll20ZZ £ 2,079,236 (29,731) (785,306) 1,264,199 |
C.hflowsM 11M1n:h2023 £ £ (22,405) 2,056,831 8,470 (21,261) 17,071 (768,235) 3,136 1,267,335 |
|---|---|