2023-03-31-accounts - Humbercare Limited

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	5
Report ofthe Independent Auditors	6	to	8
Statement ofFinancial Activities
Balance Sheet		10
Cash Flow Statement
Notes to the Cash Flow Statement		12
Notes to the Financial Statements	13	io	26

TRUSTEES	P Robinson
	D Walker (resigned		23.1.2023)
	G Ziae (resigned	23.1.2023)
	P L Arksey (resigned 23.1.2023)
	A Young
	J E Malyon
	J M Sharpley FCA (appointed 23.1.2023)
	H JSpencer (appointed 23.1.2023)
COMPANY SECRETARY	R McKinnon
REGISTERED OFFICE	81 Beverley Road
	Hull
	East Yorkshire
	HU3 1XR
REGISTERED COMPANY	02432547 (England		and Wales)
NUMBER
REGISTERED CHARITY	7022G9
NUMBER
INDEPENDENT AUDITORS	Smailes Goldie
	Chartered Accountants
	Statutory Auditor
	Regent's Court
	Princess Street
	Hull
	East Yorkshire	HU2 BBA
KEY MANAGEMENT	R Mckinnon
	M Mercer
	J A Tribe
	K Allman
	C Hornsby

(Incorporating an Inc for the year ended 31stMarch	ome and 2023	Exp	enditure	Account)
					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	E	E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			3,950	15,000	18,950	26,404
Charitable activities
Accommodation, advice and support			8,423,158		8,423,158	8,035,863
Investment income				898	898	893
Total			8,427,100	15,090	8,443 006	0063 160
EXPENDITURE ON
Charitable activities Accommodation, advice and support			8,252,519	10,090	0260,417	7712,836,
Net gains/(losses) on investments				~2,570)	~2,070)	~4, 399)
NET INCOME/(EXPENDITURE)			174,589	(2,519)	172,070	345,925
Other recognised gains/(losses) Actuarial gains on defined benefit schemes			41,706		41,706	25,765
Net movement in funds			216,295	(2,519)	213,776	371,690
RECONCILIATION OF FUNDS
Total funds brought forward			67,369	30,294	97,663	(274,027)
TOTAL FUNDS CARRIED FORWARD			203,604	27775	3,11,439	97,663

31st March 2023
			2023	2022
		Notes	K	F
FIXEDASSETS
Tangible assets		12	183,571	95,623
Investments		13	27 775	3II294
			211,346	125,917
CURRENT ASSETS
Debtors		14	337,470	410,950
Cash at bank and	in hand		588811	611416
			926,281	1,022,366
CREDITORS
Amounts falling due within one year		15	(612,649)	(735,514)
NET CURRENT ASSETS			313,632	286 852
TOTAL ASSETS	LESSCURRENT
LIABILITIES			524,978	412,769
CREDITORS
Amounts falling due after more than one
year		16		(1,666)
PENSION LIABILITY		20	(213,539)	(313,440)
NET ASSETS/(LIABILITIES)			311439	97,663
FUNDS		19
Unrestricted funds			283,664	67,369
Restricted funds			27 775	30,294
TOTAL FUNDS			311439	97 663

Humbercare Limited Cash Flow Statement for the year ended 31st March 2023
	2023	2022
Notes		9
Cash flows from operating activities Cash generated from operations 1	122,898	537,624
Net cash provided by operating activities	122,898	537,624
Cash flows from investing activities
Purchase oftangible fixed assets Sale oftangible fixed assets Dividends received	(143,902) 898	(74,048) 11,501 893
Net cash used in investing activities	~143004)	~61,654)
Cash flows from financing activities Hire purchase repayments in year	2,499	~2,499)
Net cash used in financing activities	~2,499)	~2,499)
Change in cash and cash equivalents in the reporting period	(22,605)	473,471
Cash and cash equivalents at the beginning ofthe reporting period	611,416	137,945
Cash and cash equivalents at the end ofthe reporting period	588,811	611,416

RECONCILIATION ACTIVITIES	OF NE	T IN	COME TO NET CASH FLOW	FROM O	PERATING
					2023	2022
					8
Net income for the	reporting		period (as per the Statement	of
Financial Activities) Adjustments for:					172,070	345,925
Depreciation charges					55,954	43,411
Losses on investments Loss on disposal offixed assets					2,519	4,399 11,271
Dividends received Decrease in debtors					(898) 73,480	(893) 172,619
(Decrease)/increase Difference between	in creditors pension charge and cash contributions				(122,032) ~58.495)	29,376 ~68,484)
Net cash provided	by operations				122,898	531,624
ANALYSIS OF CHANGES		IN NET FUNDS
			At 1.4.22		Cash flow	At 31.3.23
				E		6
Net cash
Cash at bank and in	hand		~611416		~22605	588,811
				611,416	~22 605	588,811
Debt
Finance leases				4,165	~2499
				4,165	2,499	~1,866
Total				607,251	20,106	587,145

estimated residual value, ofeac	h asset on a systematic basis over	its expected useful life
Long leasehold	-over 50years for structural	improvements
	-over the length ofthe lease	for other improvements
Westbourne improvements	-over 10years
Fixtures and fittings	-over 3years
Motor vehicles	- over 5years
Computer equipment	-over 3years

for t	he year ended 31stMarch 2023	he year ended 31stMarch 2023	he year ended 31stMarch 2023	he year ended 31stMarch 2023	he year ended 31stMarch 2023	he year ended 31stMarch 2023
3.	DONATIONS AND LEGACIES
							2023 6	2022 f
	Other income						940	1,739
	Donations						3,010	9,665
	SirJames	Reckitt	Charity				~15000	15,000
							18,950	26,404
4.	INVESTMENT INCOME
							2023	2022
							6	K
	Dividends	received					898	893
5.	INCOME FROM		CHARITABLE ACTIVITIES
							2023	2022
							Accommodation,
							advice
							and	Total
							support	activities
							6	6
	Grants						2,314,488	2,281,550
	University	of Hull					6,280	9,000
	Supporters Lodgings Rents received			Providers			98,573 6,003,817	107,043 5630210
							8,423,150	0,035,003
	Grants received,		included			in the above, are as follows:
							2023 6	2022 f
	Hull City Council North East Lincolnshire				Council		1,751,244 451,735	1,796,324 368,973
	Humberside Probation			Service			50,669	44,185
	Social Services						60,840	50,068
							2,314,408	2 201,550

for	the year ended 31stMarch 2023	the year ended 31stMarch 2023
6.	CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs (see
			Costs	note 7)	Totals
				8	E
	Accommodation, advice and support		7,576,669	691,7455 26$,417
7.	SUPPORT COSTS
				Governance
			Administration	costs	Totals
				E
	Accommodation, advice and support		~641 062	50,686	691,748
	Support costs, included	in the above, are as follows:
	Governance costs
				2023	2022
				Accommodation,
				advice
				and	Total
				support	activities
				8	K
	Legal and professional	fees		10,274	7,514
	Audit and accountancy	fees		40,412	37,182
				50,686	44,696
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
				2023	2022
				8
	Depreciation -owned assets			55,954	43,410
	Deficit on disposal offixed assets				11,271
	Auditors' remuneration			12,576	10,650
	Operating lease rentals	- land and buildings		2 639,595	2,494,782

		2023 f	2022
Wages Social Other	and salaries security costs pension costs	2,993,777 257,322 158,243	2,761,390 221,303 149,114
		3,400,342	3,131,002

The average	monthly	number ofemployees during the	year was as follows:
			2023	2022
Management	and administration		15	15
Project co-ordinators		and workers	128	121
			143	136

F60,000	was:
		2023	2022
f60,001	- f70,000	1	1
f80,001	- f90,000	1	1

				Unrestricted	Restricted	Total
				fundf	funds f	fundsf
INCOME AND		ENDOWMENTS	FROM
Donations	and	legacies		11,404	15,000	26,404
Charitable	activities
Accommodation,		advice and support		8,035,863		8,035,863
Investment	income				893	893
Total				8,047,267	15,893	8,063,160

				Unrestricted	Restricted	Total
				fund E	funds f	funds E
	EXPENDITURE ON
	Charitable activities
	Accommodation, advice and support			7,696,943	15,893	7,712,836
	Net gains/(losses)	on investments			~4.399)	~4.399)
	NET INCOME/(EXPENDITURE) Other recognised gains/(losses)			350,324	(4,399)	345,925
	Actuarial gains on defined		benefit
	schemes			25,765		25,765
	Net movement in funds			376,089	(4,399)	371,690
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		(308,720)	34,693	(274,027)
	TOTAL FUNDS CARRIED		FORWARD	67,369	39294	97,663
12.	TANGIBLE FIXED	ASSETS
						Fixtures
				Long	Westbourne	and
				leasehold	Improvements	fittings
					E	E
	COST
	At 1stApril 2022				39,764	37,501
	Additions			40,851	29,254	18,638
	At 31st March 2023			40,851	69,018	56,139
	DEPRECIATION
	At 1stApril 2022				27,695	31,450
	Charge for year			1,100	5,474	4,088
	At 31st March 2023			1,100	33,169	35,538
	NET BOOK VALUE
	At 31st March 2023			39,751	~35 849	~20 601
	At 31st March 2022				12,069	6,051

12.	TANGIBLE FIXEDASSETS - continued
		Motor	Computer
		vehicles f	equipment f	Totals f
	COST
	At 1stApril 2022	14,994	278,120	370,379
	Additions		55,159	143,902
	At 31st March 2023	14,994	333,279	514,281
	DEPRECIATION
	At 1st April 2022 Charge for year	12,661 2,333	202,950 42,959	274,756 55,954
	At 31st March 2023	14,994	~245 909	330,710
	NET BOOK VALUE
	At 31st March 2023		87,370	183,571
	At 31st March 2022	2,333	75,170	95,623
13.	FIXEDASSET INVESTMENTS

FIXEDASSET INVESTMENTS
	Listed
	investments
	f
MARKET VALUE
At 1stApril 2022 Revaluations	30,294 ~2519)
At 31st March 2023	27,775
NET BOOK VALUE
At 31st March 2023	27,775
At 31st March 2022	30,294

DEBTORS:A	MOUNTS FALLING DUE WITHIN ONE	YEAR
		2023 f	2022
Trade debtors		73,378	102,360
Other debtors		4,800	260
Prepayments	and accrued income	~259292	308,330
		337,470	410,950

for t	he year ended 31stMarch	2023
15.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2023	2022
			E	E
	Hire purchase (see note 17) Trade creditors		1,666 342,141	2,499 360,779
	Social security and other taxes		49,614	58,931
	Other creditors		30,745	22,474
	Accruals and deferred income		188,483	290,831
			612,649	735,514
16.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
			2023	2022
			K
	Hire purchase (see note 17)			1,666
17,	LEASING AGREEMENTS
	Minimum lease payments	fall due as follows:

Minimum lease	payments fall due as follows:
		Hire	purchase
		contracts
		2023 6	2022 f
Net obligations	repayable:
Within one year		1,666	2,499
Between one and five years			1,666
		1,666	4,165
		Non-cancegable
		operating	leases
		2023	2022
		K	F
Within one year		2,683,499	2,607,192
Between one and five years		1,899,684	4,086,469
More than 5years		1 378
		4,584,562	6,693,661

18.	ANALYSIS OF	NET ASSETS BETWEEN FUNDS	NET ASSETS BETWEEN FUNDS	NET ASSETS BETWEEN FUNDS
						2023	2022
				Unrestricted	Restricted	Total	Total
				fundf	funds E	funds 8	funds
	Fixed assets			183,571		183,571	95,623
	Investments				27,775	27,775	30,294
	Current assets			926,281		926,281	1,022,366
	Current liabilities			(612,649)		(612,649)	(735,514)
	Long term liabilities Pension liability			~273,539)		~273,539)	(1,666) ~373.449)
				283,664	27,775	311,439	97,663
19.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.4.22 f	in funds E	31.3.23 E
	Unrestricted funds
	General fund				67,369	216,295	283,664
	Restricted funds
	HACRO				30,294	(2,519)	27,775
	TOTAI FUNDS				97,663	213,776	311,439
	Net movement	in funds,	included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources f	expended f.	losses f	in funds f
	Unrestricted funds
	General fund			8,427,108	(8,252,519)	41,706	216,295
	Restricted funds
	J. Reckitt - Restricted HACRO			15,000 898	(15,000) ~898)	~2.579)	~2,57$)
				15398	~75858	~257$	~2578
	TOTAL FUNDS			8443996	JS268417)	39187	2'13776

						Net
						movement	At
					At 1.4.21	in funds	31.3.22
					E	f	f
Unrestricted	funds
General fund					(308,720)	376,089	67,369
Restricted funds
HACRO					34,693	(4,399)	30,294
TOTAL FUNDS					(274,027)	371,690	97,663
Comparative	net movement	in funds,	included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
					E	6	E
Unrestricted	funds
General fund			8,047,267		(7,696,943)	25,765	376,089
Restricted funds
J.Reckitt - Restricted HACRO				15,000 893	(15,000) ~893)	~4,399)	~4.399)
				15,893	~15,893	~4,399	~4.399)
TOTAL FUNDS			8M3168		i7,712836)	21,366	371,699

					2023	2022
						F
Present value of provision					2,967	4,654
RECONCILIATION	OF OPENING AND CLOSING			PROVISIONS
					2023f	2022
Provision at start of period					4,664	18,123
Unwinding ofthe discount factor		(interest	expense)		88	105
Deficit contribution	paid				(1,696)	(4,586)
Remeasurements Remeasurements	- impact of any change in assumptions -amendments to the contribution schedule				(79)	(107) ~8,881)
Provision at end of period					2,967	4,654
INCOME AND EXPENDITURE IMPACT
					2023	2022
					E	F
Interest expense Remeasurements Remeasurements	- impact ofany change in assumptions - amendments to the contribution schedule				88 (79)	105 (107) (8,881)

s to the Financial Statement year ended 31stMarch 2023	s to the Financial Statement year ended 31stMarch 2023	s to the Financial Statement year ended 31stMarch 2023	s -con	tinued
EMPLOYEE BENEFIT OBLIGATIONS -			continued
RECONCILIATION	OF OPENING	AND CLOSING		PROVISIONS
					2023f	2022
Provision at start of period					264,983	320,346
Unwinding ofthe discount factor (interest Deficit contribution paid			expense)		6,093 (48,225)	2,891 (46,820)
Remeasurements	-impact ofany	change	in assumptions		(12,042)	(11,434)
Remeasurements	-amendments	to the contribution		schedule
Provision at end of period					~210809	264,983
INCOME AND EXPENDITURE IMPACT
					2023	2022
						E
Interest expense Remeasurements	- impact ofany	change	in assumptions		6,093 (12,042)	2,891 (11,434)
Remeasurements	-amendments	to the contribution		schedule
ASSUIIIIPTIONS
					2023	2022
						0/
Hate of discount					5.18	2.55