##
##
|**Tnlstees**|SDeLooze|
|---|---|
||C Hurst!Treasurer)|
||D Ireland (InterimChair)|
||_M_Pankhurst|
||APeasgood|
||JElsey|
||APatel|
||PParmar|
|**Secretary**|RMawdsley|
|**Charitynumber**|702230|
|**Companynumber**|02422130|
|Prlnclpal**address**|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|Unrestricted**Unrastrtcted**
**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
**Netmovernem**In 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
Total**assets**less currentITabllltles
**Creditors:amountsf**•**lll111dueafter**more
than**oneyear**
**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**
**Ce1hflows**from**operatingactivities**
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(Flora**Lodge)**|**£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)
**Analystsby**fund
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,|||||||
||**Bank**charpsand|||||||
||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|
|||--|--|--|--|--|--|
##
##
##
##
##
|The**average**monthly numberofemployeesduring the**yearwas:**||||
|---|---|---|---|
|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
**Depreciationand**Impairment
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 within**oneyear:**|£|£|
|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|**Movement**In funds
**Expenditure**
TranstmGalm**andLaaa**
**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**|
|---|---|---|
||£|£|
|**Agregate**compensation|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)|
|cash**pnerated**from 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|
|---|---|