2022-03-31-accounts - People In Action

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1NDEX
Forthe year	ended 31March		2022
					PAGE
Report of the	Directors	(including	Strategic	report)	1-5
Report ofthe	Auditors
Consolidated	Statement	of Financial Activities			9- 10
Consolidated	Statement	of Financial Position
Charitable Company Statement			of Financial	Position	12
Consolidated	Statement	ofCash	Flows		13
Notes to the	Financial Statements				14- 29

REFERENCk AND ADMINIST	REFERENCk AND ADMINIST	RATIVE DETA1LS
Charity name:		People In Action
Charity number:		702885
Company	number. '	2486564
Principal	Office:	White Lion Chambers
		44 High Street
		Bedworth
		Warwickshire
		CV12 BNF

(INCLUDING CONSOLIDATED INCOM	(INCLUDING CONSOLIDATED INCOM	(INCLUDING CONSOLIDATED INCOM	(INCLUDING CONSOLIDATED INCOM	E AND EXPENDIT	URE ACC	OUNT)
For the year ended 31March 2021
						Total funds	Total funds
						all	all
						unrestricted	unrestricted
					Notes	2022f	2021f
INCOMING RESOURCES
Incoming resources	from	generated		funds
Voluntary income:
Donations and sundry	income				4	33,596	3,629
Grants received					4	277,783	579,918
Activities for generating		funds:
Fees for the provision	oFcare and nursing				7a	506,022	1,281,975
Income from cafe					7I3	160,633	71,377
Interest received						646	448
Incoming resources	from	Charitable		activities:
Grants and Fees for provision			oF care and	accommodation		10,586,637	10,228,462
TOTAL INCOMING RESOURCES						11,565,317	12,165,809
RESOURCES EXPENDED
Costs ofgenerating	funds
Costs of generating voluntary			income		8	14,580	11,585
Costs for the provision	of care		services		7a	554,794	1,416,901
Costs for the operation	of cafe				7b	184,751	124,918
Goodwill amortlsation—					12	17,052	17,052
						771,177	1,570,456
Charitable activities					8	9,907,838	9,766,738
TOTAL RESOURCES EXPENDED						10,679,015	11,337,194

For the Year ended 31March	2022
			Total Funds	Total Funds
			all	all
			unrestricted	unrestricted
		Notes	2022I	2021I
NET INCOMING/(OUTGOING) YEAR	RESOURCES FOR THE		886,302	828,615
TOTAL FUNDS AT 1APRIL 2021			3,525,204	2,696,589
RESERVE TRANSFERS
TOTAL FUNDS AT31March	2022	19	4,411,506	3,525,204

CONSOLIDATED	STATEMENT OF	STATEMENT OF	FINANCIAL	POSITION
At 31March 2022
			Note	2022		2021
				6
FIXED ASSETS
Tangible Fixed Assets					3,810,510		3,850,734
INTANGIBLE ASSETS
Goodwill			12		51,158		68,210
					3,861,668		3,918,944
CURRENT ASSETS
Stocks				2,016		939
Debtors			14	853,135		922,991
Cash at Bank and	in Hand		15	2,816,395		2,864,683
				3,671,546		3,788,613
CREDITORS - AMOUNTS		FALLING
DUE WITHIN ONE	YEAR
Bank Loans & Qverdrafts			16	49,583		130,730
All Other Creditors			17	1,894,048		1,876,144
				1,943,631		2,006,874
NET CURRENT ASSETS					1I727,915		1,781,739
TOTAL ASSETS LESS CURRENT
LIABILITIES					5,589,583		5,700,683
CREDITORS - AMOUNTS		FALLING
DUE AFTER.MORE	THAN	ONE YEAR	I8		(142,693)		(1,140,095)
NET ASSETS					5,446,890		4,560,588
Represented by:
RESERVE FUNDS			19		4,411,506		3,525,204
REVALUATION RESERVE			20		1,035,384		1,035,384
					5,446,890		4,560,588

CHAR1TABLE COMPANY	CHAR1TABLE COMPANY	STATEME	NT OF F	INANCIAL POSI	TION
At 31March 2022
			Note	2022		2021
					E	E	E
FIXED ASSETS
Tangible Fixed Assets			11		3,807,979		3,844,020
Investment In subsidiary			13
					3,807,979		3,844,020
CURRENT ASSETS
Debtors due within	one year		14	1,112,744		1,173,676
Debtors due after	one year		14
Cash at Bank and	in Hand			2,565,595		2,620,900
				3,678,339		3,794,576
CREDITORS - AMOUNTS		FALLING
DUE WITHIN ONE	YEAR
Bank Loans &Overdrafts			16	49,583		130,730
All Other Creditors			17	1,858,929		1,679,718
				1,908,512		1,810,448
NET CURRENT ASSETS					1,769,827		1,9&4,128
TOTAL ASSETS LESS CURRENT
LIABILITIES					5,577,806		5,828,148
CREDITORS - AMOUNTS		FALLING
DUE AFTER MORE	THAN ONE YEAR				(142,693)		(1,140,096)
NET ASSETS					5,435,113		4,688,052
Represented by:
RESERVE FUNDS			19		4,399,729		3(652,668
REVALUATION RESERVE			20		1,035,384		1,035,384
					5,435,113		4,688,052

Forthe year ended 31March 2022
		Note	2022 6	2021f
Cash flows from operating activities
Surplus for the year			886,302	828,615
Adjustments for:
Depreciation oftangible assets			42,776	41,962
Goodwill amortisation			17,052	17,052
Other interest receivable and similar income Interest payable and similar charges			(646) 31,?42	(448) 31I574
Losses/(gains) on disposal oftangible	assets		4,906	124
Accrued (income)/expenses			5(241	(49,589)
Changes 1nt
Stocks Trade and other debtors			(1,077) 72,925	(939) 95,699
Trade and other creditors			9,595	(176,679)
Cash generated from operations			1,068,816	787,371
Interest paid Interest received			(31,742) 646	(31,574) 448
Net cash from operating activities			1,037,720	756,245
Cash flows from investing activities
Purchase oftangible assets Proceeds from sale oftangible assets			(7,458)	(18,813) 500
Net cash used in investing activities			(7,458)	(18,313)
Cash flows from financing activities
Repayments ofsecured bank loans			(1,078,550)	(131,498)
Net cash from financing activities			(1,078,550)	(131,498)
Net increase / (decrease) in cash and cash equivalents			(48,288)	606,434
Cash and cash equivalents at beginning	of year		2,864,683	2,258,249
Cash and cash equivalents at the year	end	15	2,816,395	2,864,683

1NCOME
Income adses from:		2022f	2021f
Provision of services		10,815,328	11,296,968
Sale of goods		437,964	284,846
Interest received		646	448
Donations I sundry	income	33,596	3,629
Government grants	received	277,783	579,918
		11,565,317	12,165,809

People in Action	People in Action	People in Action
NOTES TO THE FINANCIAL STATEMENTS
For	the year ended 31March 2022
4.	OTHER OPERATING INCOME
			2022f	2021
	Donations and Sundry income		33,596	3,629
	Grant income received		277,783	579,918
5.	INTEREST PAYABLE AND SIMILAR CHARGES
			2022	2021
			6	E
	On Bank Loans and Overdrafts		31,742	31,574
	NET INCOMING / (OUTGOING)	RESOURCES FOR THE YEAR
	These are stated after charging:		2022 6	2021f
	Depreciation of Owned Tangible	Fixed Assets	3,350	2,536
	Depreciation of Leasehold Property		39,426	39,426
	(Profit) / Loss on disposal of Fixed Assets		4,906	124
	Auditors' Remuneration and other services		24,000	23,700
	Hire of Other Assets - Property	Rentals	374,411	352,119
	—Vehicles	and Equipment	62,429	69,618

7a.	INCOME AND	COSTS	FOR THE PROVISION	OF CARE AND	NURSING
				2022		2021
	Fees received	for the
	provision of care and		nursing		506,022	1,281,975
	Other operating income				29,241	235,539
					535,263	1,517,514
	Cost ofsales			398,307		1,165,716
	Administrative	expenses		156,487		251,185
	Expenditure	Incurred	for the
	provision of care and		nursing		554,794	1,416,901
	Surplus / (Deficit) for		the year		(19,531)	100,613
7ti,	INCOME AND COSTS		FOR THE CAFE
				2022		2021
	Cafe income				160,633	71,377
	Other operating income				9,738	4,000
					170,371	75,377
	Cost ofsales			56,133		29,127
	Administrative	expenses		128,61.8		95,791
	Expenditure	incurred	on:
	Cafe			(184,751)		(124I918)
	Deficit for the year				(14,380)	(49,541)

				Voluntary	Charitable
				income	activities	2022	2021
				E	6		E
Staff and	Agency Support			6,580	8,369,145	8,375,725	8,338,685
Premises	costs				551,494	551,494	499,469
Provision	and household	expenses			293,004	293,004	268,017
Legal and	Professional				55,301	55,301	57,182
Insurance Depreciation, (Profit)/Loss			on		80,980	80,980	55,506
dlsposals Motor and Travel costs Bank Interest Telephone Recruitment and Training General Repairs					41(182 62,982 31,742 41,672 61,372 122,005	41,182 62,982 31,742 41,672 61,372 122,005	39,566 78,833 31,574 44,583 45,189 64,215
Office and Bad debts	Miscellaneous			8,000	205,861 (8,902)	213,861 (8,902)	254,903 601
				14580	9907 838	9~922 418	9 778~323

The average n	umber of persons employed by the group during the	year was as follo	ws.
		2022	2021
		No	No
Management	and Administration	417	471
The aggregate	payroll costs ofthese persons were as follows:
		2022	2021
Wages and Salaries		7,826,532	8,588,329
Social Security	Costs	639,974	675,783
Other Pension	Costs	142,616	214,673
		8,609,122	9,478,785

-
2022	2021
No	No

Taxable emoluments	band:
6100,000 - EIIDs000

TANGIBLE FIXED ASSET	S
			Motor
GROUP	Short		vehicles 8r
	leasehold	Freehold	mobile
	propertyf	propertyf	homef	Equipmentf	Totalf
COST:
At 1 April 2021	575,470	3,593,813	95,558	531,273	4,796,114
Additions				7,458	7,458
Dlsposals			(22,800)	(307,699)	(330,499)
At 31 March 2022	575,470	3,593/813	72,758	231,032	4,473,073
ACCUMULATED
DEPRECIATION:
At 1 April 2021	325,305		94 243	525y832	945 380
Charge for the year	39,426		329	3,021	42,776
Disposals			(22,800)	(302,793)	(32S,S93)
At 31 March 2022	364I731		71,772	226,060	662,563
NET BOOK VALUE:
At 1 April 2021	250,165	3,593,813	1,315	5,441	3,850,734
At 31 March 2022	210,739	3,593,813	986	4,972	3,810,510

For t	he year ended 31March	2022
11.	TANGIBLE FIXED ASSETS	continued
				Motor
	CHARITABLE COMPANY	Short		vehicles
		leasehold	Freehold	8/ mobile
		property	property	home	Equipment	Total
		6		5	6	6
	COST:
	At 1 April 2021	575,470	3,593,813	87,244	491,549	4,748,076
	Additions				5,141	5,141
	Disposals			(22,800)	(267,975)	(290,775)
	At 31 March 2022	575,470	3,593,813	64,444	228,715	4,462,442
	ACCUMULATED
	DEPRECIATION:
	At 1 April 2021'	325,305		87,244	491/507	904/056
	Charge for the year	39,426			1,714	41,140
	Dlsposals			(22,800)	(267,933)	(290,733)
	At 31 March 2022	364,731		64,444	225,288	654,463
	NET BOOK VALUE:
	At 1 April 2021	250 165	3/593/813		42	3,844,020
	At 31 March 2022	210,739	3,593,813		3,427	3,807,979

People in Action	People in Action
NOTES TO THE FINANCIAL		STATEMENTS
For	the year ended 31March 2022
12.	GOODWILL ON CONSOLIDATION
	COST
	At 1 April 2021 and 31	March 2022	448,332
	AMORTISATION
	At 1 April 2021		380,122
	Charge for the year		17,052
	At 31 March 2022		397,174
	NET BOOK VALUE
	At 31 March 2021		68,210
	At 31 March 2022		51,158

7b. A summa	ry ofthe balance sheet ofthe su	bsidiary at 31 March 2022 is shown	below:
		2022	2021
		E	E
Assets		45,257	72,739
Liabilities		(209,416)	(222I718)
		(164,159)	(149,979)
Represented	by:
Share capital		2	2
Profit and loss account		(164,161)	(149,981)
Net liabilities		(164,159)	(149,979)

	ofthe subsid	iary at 31 March 2022 is shown below:
			2022	2021
			6	6
	Assets		104,367	123,966
	Liabilities		(17,815)	(30,368)
			86,552	93,598
	Represented	by:
	Share capital		100	1.00
	Profit and Ioss account		86,452	93I498
	Net assets		86,552	93,598
13D	CHARITABLE COMPANY
	COST
	At 1 April 2021 and 31 March 2022			570,900
	IMPAIRMENT
	At 1 April 2021			570,900
	Charge for the year
	At 31 March	2022		570,900
	NET BOOK VALUE
	At 31 March	2021
	At 31 March	2022

14.	DEBTORS
				Group		Charitable	Company
				2022f	2021I	2022 I	2021
	Trade Debtors			734,953	775,188	731,953	670,151
	Other Debtors and	Prepayments		118,182	147,803	110,503	101,890
	Amount due from	group
	undertaking					270,288	401,635
				853i135	922 991	1~112744	1/173 676
15.	CASH AND CASH	EQUIVALENTS
						Group
						2022	2021
	Cash and cash equivalents		comprise the following:			E	E
	Cash at bank and	in hand				2,816,395	2,864,683

CREDITORS - AMOUNTS FALLING	DUE WITHIN ONE YE	AR
	Group		Charitable	Company
	2022	2021	2022	2021
	6	E	6	E
Trade Creditors	239,018	281,321	229,575	228,156
Social Security Costs and
Other Taxation	338,600	340,449	329,974	302,852
Other Creditors	734,019	633,512	729,913	547,043
Accruals	582,411	620,862	569,467	601,667
	1,894,048	1,876,144	1,858,929	1,679,718

					Group		Charitable	Company
					2022 f	2021 6	2022 6	2021 6
Bank Loans					142,693	1,140,095	142,693	1,140,096
					142,693	1,140,095	142,693	1,140,096
Included	in	the above are the following:
Amounts	repayable			by instalments	but not wholly		Charitable	Company
repayable	within		five years:				2022	2021
								6
Repayable		within	one to two years				50,862	134,098
Repayable		within	two to five years				91,831	411,527
Repayable		after	five	years				594,470
							142,693	1,140,095

	rate. It is wholly repayable withi	n five years.
19.	RESERVE FUNDS
	GROUP	General	Designated	Restdicted
		funds	funds	funds	Total
		8	6	6	E
	At 1 April 2021	3,525,204			3,525,204
	Surplus for the year	886,302			886,302
	At 31 March 2022	4,411,506			4,411,506
	CHARITABLE COMPANY	General	Designated	Restricted
		funds 6	funds 6	funds f	Totalf
	At 1 April 2021 Surplus for the year	3,652,668 747,061			3,652,668 747,061
	At 31 March 2022	4,399,729			4,399,729

At 31 March 2022 the group was cancellable operating leases:	committed to m	aking the followin	g payments un	der non-
	Land and	buildings	Other
	2022 5	2021 E	2022	2021f
Operating Leases which expire:
Within one year	115,900	168,988	1,700	3,744
Within two to five years	463,600	463r600	1,526	3,226
After five years	204,392	320,292
	783,892	952,880	3,226	6,970