2022-03-31-accounts - Huggard

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Trustees' annual report (incorporating				the	director's report)
Independent	auditor's	report to	the members
Statement	offinancial	activities	(including		income and
expenditure	account)					15
Statement	offinancial	position				16
Statement	ofcash flows					17
Notes to the financial		statements				18

Reference	Reference	and adm	inistrative	inistrative	details
Registered		charity	name		Hug gard
Charity registration			number		703074
Company		registration		number	2509188
Principal	office and		registered		Huggard Buildings
office					Hansen Street off Tresillian Terrace
					Butetown
					Cardiff
					Wales
					CF105DW
The trustees
					Mr K Haines	(Vice Chair)
					Mrs A R Matthewson		(Chairman)
					Mr SThomas
					Mrs D Robbins
					Mr D Shadbolt (Treasurer)
					Mr D Williams
					Ms J C Hill
					Ms J P Lewis
					Mr WJ Harris
Senior Management					Richard Edwards —Chief				Executive
					Darryn Thomas —Head			of Trauma		Informed		Pathways
					Shelley Farr —(maternity				leave) covered		by	Helen Morris
						- Head	ofSafer Communities					and Wellbeing
Auditor					Carston
					Chartered Accountants			8	statutory	auditor
					1st Floor, Tudor House
					16Cathedral	Road
					Cardiff
					CF119LJ
Bankers					HSBC
					97Bute Street
					Cardiff
					CF105NA
					Barclays
					2 Windsor Road
					Penarth
					Vale of Glamorgan
					CF64 1YL

			Year ende	d 31 March 2022	d 31 March 2022
				2022			2021
			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total funds	Total funds
		Note	F	E	E		f.
Income and endowments
Donations and legacies		5	226,256	663,377		889,634	1,000,780
Charitable activities		6	1,044,565	691,923		1,736,488	1,489,438
Investment income		7	18,740		2,244	20,984	20,471
Total income			1,289,561	1,355,300	2,244	2,647,106	2,510,689
Expenditure
Expenditure on raising funds:
Costs of raising
donations and
legacies		8	9,030			9,030	9,030
Expenditure on
charitable activities		9,10	1,310,450	1,372,541	2,244	2,685,235	2,419,266
Total expenditure			1,319,480	1,372,541	2,244	2,694,265	2,428,296
Net gains on
investments		12	36,883		138	37,021	162,913
Net (expenditure)/income			6,964	(17,241)	138	(10,130)	245,306
Transfers between	funds		6,147	(3,903)	(2,244)
Net movement in funds			13,111	(21,144)	(2,106)	(10,138)	245,306
Reconciliation offunds
Total funds brought	forward		3,154,975	550,316	237,976	3,943,267	3,697,961
Total funds carried	forward		3,168,086	529,172	235,870	3,933,128	3,943,267

				2022		2021
			Note			f
Fixed assets
Tangible fixed assets Investments			18 19		3,262,354 939,727	3,423,047 890,912
					4202 081	4313959
Current assets
Debtors			20	139,431		86,782
Cash at bank and in	hand			796,648		714,379
				936,079		801,161
Creditors: amounts	falling	due within one year	21	252,944		153,141
Net current assets					683,135	648,020
Total assets less current		liabilities			4,885,216	4,961,979
Creditors: amounts one year	falling	due after more than	22		952,087	1,018,712
Net assets					3,933,128	3,943,267
Funds ofthe charity Endowment funds					235870	237976
Restricted funds					529,172	550,316
Unrestricted funds					3,168,086	3,154,975
Total charity funds			25		3,933,128	3,943,267

	Company Limited by Guarantee	Company Limited by Guarantee
	Statement ofCash Flows
	Year ended 31 March 2022
			2022	2021
Cash flows from operating	activities
Net (expenditure)/income			(10,138)	245,306
Adjustments for:
Depreciation oftangible fixed assets			189,250	188,405
Government grant income				(2,559)
Net gains on investments			(37,021)	(162,913)
Dividends, interest and rents	from investments		(20,825)	(20,124)
Other interest receivable and	similar income		(159)	(347)
Accrued expenses/(income)			33,736	(2,314)
Changes in:
Trade and other debtors			(52,649)	11,443
Trade and other creditors			(558)	(129,119)
Cash generated from operations			101,636	127,778
Interest received			159	347
Net cash from operating activities			101,795	128,125
Cash flows from investing	activities
Dividends, interest and rents	from investments		20,825	20,124
Purchase oftangible assets Proceeds from sale oftangible assets			(47,406) 18,849	(114,207)
Purchases ofother investments Proceeds from sale ofother investments			(72,703) 60,909	(256,824) 245,731
Net cash used in investing activities			(19,526)	(105,176)
Cash flows from financing	activities
Government grant income				2,559
Net cash from financing activities				2,559
Net increase in cash and cash equivalents			82,269	25,508
Cash and cash equivalents	at beginning	ofyear	714,379	688,871
Cash and cash equivalents	at end ofyear		796,648	714,379

value, over the useful econ	omic life of that asset as foll	omic life of that asset as foll	ows:
Land &buildings	2% &4% Straight		line, no depreciation	on land
Motor Vehicles	25% straight	line
Equipment	25% straight	line

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
				f.
Donations
Other Gifts and Donations		161,019		161,019
Grants
Cardiff County Council - various		39,985	38,850	78,836
Cardiff County Council - Section 180		25,252	80,556	105,808
Welsh Assembly - Section	180		191,026	191,026
Julian Hodge Foundation			38,628	38,628
Moondance Foundation			80,000	80,000
CGL Substance Misuse Fund			78,842	78,842
The Waterloo Foundation			45,571	45,571
National Lottery Community	Grant
Grants - various			9,904	9,904
Cardiff County Council - Capital grants			100,000	100,000
Government grant income
		226,256	663,377	889,634

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
Donations
Other Gifts and Donations		248,599		248,599
Grants
Cardiff County Council - various Cardiff County Council - Section 180 Welsh Assembly - Section 180		25,272	46,601 77,388 191,026	46,601 102,660 191,026
Julian Hodge Foundation Moondance Foundation CGL Substance Misuse Fund The Waterloo Foundation			36,113 80,000 78,842 59,206	36,113 80,000 78,842 59,206
National Lottery Community Grants - various	Grant	10,246	39,102 65,000	39,102 75,246
Cardiff County Council - Capital grants			40,826	40,826
Government grant income		2,559		2,559
		286,676	714,104	1,000,780

Charitable	activities
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		E	E
Day Centre Huggard Hostel Supported houses Cafe'		59,474 627,089 330,453 27,549	518,700 173,223	59,474 1,145,789 503,676 27,549
		1,044,565	691,923	1,736,488
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
Day Centre		87,692		87,692
Huggard Supported Cafe'	Hostel houses	437,236 410,542 9,752	312,000 232,216	749,236 642,758 9,752
		945,222	544,216	1,489,438

						Unrestricted	Endowment	Total Funds
						Funds	Funds	2022
						F	F
Income from		listed	investments			18,581	2,244	20,825
Bank interest		receivable				159		159
						18,740	2,244	20,984
						Unrestricted	Endowment	Total Funds
						Funds	Funds	2021
						F	F	F
Income from		listed	investments			17,351	2,773	20,124
Bank interest		receivable				347		347
						17,698	2,773	20,471
Costs of	raising donations			and legacies
				Unrestricted		Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					F		F	F
Costs of generating			income		9,030	9,030	9,030	9,030
Expenditu	re	on charitable		activities by	fund type
				Unrestricted		Restricted	Endowment	Total Funds
					Funds	Funds	Funds	2022
					F		F	F
Day Centre					459,544	374,522	2,244	836,310
Huggard	Hostel				393,061	759,927		1,152,988
Supported Houses Bond Board					140,368	199,328 38,764		339,696 38,765
Cafe					52,721			52,721
Support costs					264,755			264,755
					1,310,450	1,372,541	2,244	2,685,235
				Unrestricted		Restricted	Endowment	Total Funds
					Funds	Funds	Funds	2021
					F	F	F	F
Day Centre Huggard Hostel					574,343 293,829	262,542 539,508	2,774	839,656 833,337
Supported	Houses				130,745	292,247		422,992
Bond Board						38,424		38,425
Cafe					47,905			47,905
Support costs					236,950			236,951
					1,283,772	1,132,721	2,774	2,419,266

			Activities
			undertaken	Support	Total funds	Total fund
			directly	costs	2022	2021
			E		f.	E
Day Centre			836,310	106,764	943,074	923,414
Huggard	Hostel		1,152,988	73,824	1,226,812	891,618
Supported		Houses	339,696	66,687	406,383	502,757
Bond Board			38,765		38,765	38,425
Cafe			52,721		52,721	47,905
Governance		costs		17,480	17,480	15,147
			2,420,480	264,755	2,685,235	2,419,266

12.	Net gains	on	investm	en	ts
										Unrestricted		Endowment		Total Funds
											Funds		Funds		2022
													F
	Gains/(losses)		on listed		investments						36,883		138		37,021
										Unrestricted		Endowment		Total Funds
											Funds		Funds		2021
											E				F
	Gains/(losses)		on listed		investments						109,502		53,412		162,913
13.	Net (expenditure)/income
	Net (expenditure)/income				is stated		after	charging/(crediting):
													2022		2021
	Depreciation		of tangible		fixed assets								189,250		188,405
14.	Auditors	remuneration
													2022		2021
															E
	Fees payable		for the audit ofthe financial statements										8,400		8,400
15.	Staff costs and emoluments
	The total	staff	costs and		employee		benefits for		the reporting		period are		analysed as	follows:
													2022		2021
															F
	Wages and salaries												1,259,584	1,154,524
	Social security costs												107,613		91,878
	Employer	contributions		to pension		plans							85,820		77,419
													1,453,017	1,323,821
	The average		head count		of employees			during	the year	was	58 (2021:		54). The average		number
	of full-time	equivalent		employees		during		the year is analysed			as follows:
													2022		2021
													No.		No.
													57		47

Tangible fixed assets
	Land and	Motor
	buildings	vehicles	Equipment	Total
Cost
At 1 April 2021	5,037,032	42,927	302,909	5,382,868
Additions		28,089	19,317	47,406
Disposals		(19,250)		(19,250)
At 31 March 2022	5,037,032	51,766	322,226	5,411,024
Depreciation
At 1 April 2021	1,642,585	24,078	293,158	1,959,821
Charge for the year	185,713		3,537	189,250
Disposals		(401)		(401)
At 31 March 2022	1,828,298	23,677	296,695	2,148,670
Carrying amount At 31 March 2022	3,208,734	28,089	25,531	3,262,354
At 31 March 2021	3,394,447	18,849	9,751	3,423,047

Investments
	Cash or cash	Listed
	equivalents f	investments F	Total
Cost or valuation
At 1 April 2021	73,566	817,346	890,912
Additions	20,825	51,878	72,703
Disposals	(60,908)		(60,908)
Fair value movements		37,020	37,020
At 31 March 2022	33,483	906,244	939,727
Impairment
At 1 April 2021 and 31 March 2022
Carrying amount
At 31 March 2022	33,483	906,244	939,727
At 31 March 2021	73,566	817,346	890,912

		2022	2021
		f.	F
Staff	loans	105	3,443
Other	debtors	139,326	83,339
		139,431	86,782

			2022	2021
Trade creditors			79,595	11,403
Accruals and deferred	income		71,866	38,130
Social security and other taxes			31,583	22,798
Other creditors - staff	funds		3,275	6,250
Hafod loan			66,625	66,625
Other creditors				7,935
			252,944	153,141
The Hafod loan off66,625 is secured		by a charge on the hostel.
Creditors: amounts	falling due after	more than one year
			2022	2021
Hafod Loan - long term			952,087	1,018,712

22.	The Hafod loan off66,625 is secured by a charge on the hostel. Creditors: amounts falling due after more than one year

Contributions Government	outstanding at the year end are anil (2 grants	outstanding at the year end are anil (2 grants	021f7,935).
The amounts	recognised in the financial statements		for government	grants are as follows:
				2022	2021
					F
Recognised	in income from donations	and legacies:
Government	grants income				2,559

							At
		At				Gains and	31 Mar 202
		1 Apr 2021	Income	Expenditure	Transfers	losses	2
					E	F
General	funds	3,154,975	1,289,561	(1,319,480)	(2,969,507)	36,883	192,432
Designated
tangible	fixed
asset reserve
fund					2,975,654		2,975,654
		3,154,975	1,289,561	(1,319,480)	6,147	36,883	3,168,086
							At
		At				Gains and	31 Mar 202
		1 Apr 2020	Income	Expenditure	Transfers	losses	1
			E	F	E	E	F
General	funds	3,021,779	1,249,596	(1,292,802)	66,900	109,502	3,154,975
Designated
tangible	fixed
asset reserve
fund
		3,021,779	1,249,596	(1,292,802)	66,900	109,502	3,154,975

Restricted funds
						At
	At				Gains and	31 Mar 202
	1 Apr 2021	Income	Expenditure	Transfers	losses	2
	F	E		E	F	E
Cardiff County
Council-
Supporting
People		691,921	(691,921)
Big Lottery Fund	305,500		(18,800)			286,700
Ex-Servicemen
Trust	26,347					26,347
Bond Board	60,876		(5,067)			55,809
Julian Hodge	12,038	38,628	(12,038)	(15,954)		22,674
Welsh Assembly		191,026	(191,026)

Cardiff County
Council - S180				119,407		(119,407)
CGL- Substance
Misuse				78,843		(78,843)
Cardiff County
Council —Capital
grants				100,000		(51,188)				48,812
Moondance
Foundation		82,452		80,000		(122,451)				40,001
The Waterloo
Foundation		11,052		45,571		(45,230)				11,393
National Lottery
Community Grant		12,051						12,051		24,102
Grants - various		40,000		9,904		(36,571)				13,333
		550,316		1,355,300		(1,372,541)		(3,903)	—	529,172
										At
		At						Gains	and	31 Mar 202
	1	Apr 2020		Income	Expenditure		Transfers	losses
		E		F			E		E	F
Cardiff County
Council-
Supporting
People				544,216	(544,216)
Big Lottery Fund		324,300				(18,800)				305,500
Ex-Servicemen
Trust		26,347								26,347
Bond Board		66,801				(5,925)				60,876
Julian Hodge		11,860		36,113		(35,935)				12,038
Welsh Assembly				191,026	(191,026)
Cardiff County
Council - S180				123,989	(123,989)
CGL- Substance
Misuse				78,842		(78,842)
Cardiff County
Council —Capital
grants				40,826			(40,826)
Nationwide		10,609				(10,609)
Moondance
Foundation		50,626		80,000		(48,174)				82,452
The Waterloo
Foundation				59,206		(48,155)				11,051
National Lottery
Community Grant				39,102		(27,051)				12,051
Grants - various				65,000			(25,000)			40,000
		490,543	1,258,320		(1,132,721)		(65,826)			550,316

								Ai
			At				Gains and	31 Mar 202
		1	Apl'2021 f	Income E	Expenditure	Transfers	losses P	2 f
Huggard	Trust
Fund			237,976	2,244	(2,244)	(2,244)	138	235,870
								At
			At				Gains and	31 Mar 202
		1	Apr 2020	Income	Expenditure	Transfers	losses	1
					E
Huggard Fund	Trust		185,639	2,773	(2,774)	(1,074)	53,412	237,976

26.	Analysis of net as	se	ts between fun	ds
				Unrestncted	Restricted	Endowment	Total Funds
				Funds	Funds	Funds	2022
					F	F
	Tangible fixed assets			2,975,654	286,700		3,262,354
	Investments			703,857		235,870	939,727
	Current Assets			693,607	242,472		936,079
	Creditors less than	1 year		(252,944)			(252,944)
	Creditors greater than		1 year	(952,087)			(952,087)
	Net assets			3,168,086	529,172	235,870	3,933,128
				Unrestricted	Restricted	Endowment	Total Funds
				Funds	Funds	Funds	2021
						E	F
	Tangible fixed assets			3,117,547	305,500		3,423,047
	Investments			652,936		237,976	890,912
	Current Assets			556,345	244,816		801,161
	Creditors less than	1	year	(153,141)			(153,141)
	Creditors greater than		1 year	(1,018,712)			(1,018,712)
	Net assets			3,154,975	550,316	237,976	3,943,267
27.	Analysis ofchanges		in net debt
							At
					At1Apr2021	Cashflows	31Mar2022
	Cash at bank and	in hand			714,379	82,269	796,648

The total	future	minimum	lease payments	leases are as follows:	leases are as follows:
				2022	2021
					E
Not later than		1 year		122,974	23,100
Later than Later than	1 year and not 5years		later than 5years	167,976 231,224	92,400 254,100
				522,174	369,600