| Page | ||||||
|---|---|---|---|---|---|---|
| Report ofthe Trustees | (inca rp orat Ing a Directors' Report) | 1 | to | 4 | ||
| Independent Examiner's |
Report | |||||
| Statement of Financial | Activities (Incorporating | an Income and | ||||
| Expenditure Account |
||||||
| Balance Sheet | 7 | to | 8 | |||
| Notes tothe Financial | Statements | 9 | to | 19 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f | E | 6 | E | ||
| INCOME AND ENDOWMENTS Donations and legacies |
FROM | 49,098 | 240 | 49,338 | 44,076 | |
| Charitable activities |
||||||
| Temporary Accommodation Move On Accommodation |
240,359 33,554 |
240,359 33,554 |
183,278 32,279 |
|||
| Investment Income |
257 | 257 | ||||
| Total | 323,268 | 240 | 323,508 | 259,639 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 1,900 | 1,900 | 227 | |||
| Charitable activities Temporary Accommodation Move On Accommodation |
270,755 6,860 |
4,073 | 274,828 6,860 |
196,783 ~13647 |
||
| Total | 279,515 | ~4073 | 283,588 | ~210 657 | ||
| NET INCOME/(EXPENDITURE) | 43,753 | (3,833) | 39,920 | 48,982 | ||
| Other recognised gains/(losses) Gains on revaluation of fixed assets |
334,829 | |||||
| Net movement In funds |
43,753 | (3,833) | 39,920 | 383,811 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 221,340 | 1,016,323 | 1,237,663 | 853,852 | ||
| TOTAL FUNDS CARRIED FORWARD | 265,093 | 1,012,490 | 1,277,583 | 1,237 663 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restrkted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | E | E | E | E | |
| FIXEDASSETS | |||||
| Tangible assets | 13 | 293,293 | 987,002 | 1,280,295 | 1,281,174 |
| CURRENT ASSETS | |||||
| Debtors Cash at bank and in hand |
14 | 18,479 131,159 |
25,488 | 18,479 156,647 |
35,886 ~121310 |
| 149,638 | 25,488 | 175,126 | 157,196 | ||
| CREDITORS | |||||
| Amounts falling due Mlthln one year |
15 | (26,571) | (26,571) | (36,114) | |
| NET CURRENT ASSETS | 123,067 | ~25488 | 148,555 | ~121082 | |
| TOTAL ASSETS LESS CURRENT UABILITIES | 416,360 | 1,012,490 | 1(428,850 | 1,402,256 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
16 | (151,267) | (151,267) | (164,593) | |
| NET ASSETS | ~265 093 | ~1,012490 | ~1277583 | ~1,237 663 | |
| FUNDS | 19 | ||||
| Unrestricted funds |
265,093 | 221,340 | |||
| Restricted funds | 1,012,490 | ~1016,323 | |||
| TOTALFUNDS | ~1,277 583 | ~1237 663 |
| DONATIONS AND |
LEGACI | ES | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 6 | f | ||||
| Donations | 48,838 | 43,926 | |||
| Grants | 500 | 150 | |||
| 49,338 | ~44 076 | ||||
| Grants received, | Included | in the above, are | as follows: | ||
| 2023 | 2022 | ||||
| 6 | E | ||||
| Colchester Borough Council -locaRty budget |
150 | ||||
| Essex County Council - councillors locality budget |
|||||
| 150 | |||||
| INVESTMENT INCOME | |||||
| 2023 | 2022 | ||||
| E | E | ||||
| Deposit account | interest | 257 | 6 | ||
| INCOME FROM | CHARITABLE ACTIVITIES | ||||
| 2023 | 2022 | ||||
| Activity | E | f | |||
| Grants Accommodation |
charges | Temporary Temporary |
Accommodation Accommodation |
165,333 | 6,784 103,070 |
| Essex County Councll- housing related support Residents fees Business Interruption claim Accommodation charges Residents fees Temporary Accommodation Temporary Accommodation Temporary Accommodation Move On Accommodation Move On Accommodation |
51,757 19,460 3,809 26,250 7,304 |
51,757 11,667 10,000 30,459 1,820 |
|||
| 273,913 | ~215 557 | ||||
| Grants received, | Induded | In the above, are as follows: | 2023 | 2022 | |
| 6 | E | ||||
| Government grants -job retention scheme Big Lottery Fund -39-41Alexandra Road covld adaptatlons |
1,011 5,773 |
||||
| ~6784 |
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Direct | Support | ||
| Costs(see | costs (see | ||
| note 7) | note 8) | Totals | |
| f | E | E | |
| Temporary Accommodation Move On Accommodation |
268,748 ~6860 |
6,080 | 274,828 6,860 |
| 275,608 | 6,080 | 281,688 | |
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||
| 2023 | 2022 | ||
| 6 | E | ||
| Staff costs Repairs to property Cleaning services Rates and water |
169,767 24,227 8,383 5,308 |
137312 10,053 3,449 5,807 |
|
| Insurance | 8,139 | 8,444 | |
| Light and heat Telephone Postage and stationery Residents' supplies &activities Database & ITcosts |
9,719 3,367 590 10,424 4,670 |
9,734 5,290 207 7,215 1,670 |
|
| Other staff and volunteers | 1,705 | 774 | |
| Subscrlptlons Storage costs Sundry expenses Volunteers matter costs |
1,149 2,189 112 15,856 |
1,495 2,046 94 2,579 |
|
| Depreciation Loss on sale of assets |
2,901 259 |
3,584 | |
| Interest payable and similar charges | 6,843 | 5,904 | |
| 275,608 | 205,657 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Finance | costs | Totals | ||
| f | E | E | ||
| Temporary Accommodation |
875 | 5,205 | 6,0$0 | |
| Support costs, included In |
the above, are as follows; | 2023 | 2022 | |
| Temporary | Total | |||
| Accommodation | activities | |||
| f | ||||
| Bank charges Independent examination fees Accountancy fees Legal and professional fees Trustee meeting expenses |
875 1,752 2,376 1,077 |
689 1,66$ 1,002 1,372 42 |
||
| 6,080 | 4,773 | |||
| NET INCOME/(EXPENDITURE) | ||||
| Net Income/(expenditure) | Isstated after charging/(crediting): | 2023 | 2022 | |
| E | f | |||
| Independent examination fees Depreciation -owned assets Loss on disposal offixed assets |
1,752 2,904 259 |
1,668 3,583 |
| STAFF | COSTS | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Wages Social Other |
and salaries security costs pension costs |
156,466 9,940 3,361 |
127,026 7,611 2,675 |
| ~169 767 | 137,312 |
| 2023 | 2022 |
|---|---|
| 10 | 6 |
| COMPARATIVES FOR THE STA |
TEMENT OF FINANCIA | L ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| f | f | E | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
31,836 | 12,240 | 44,076 | |
| Charitable activities |
||||
| Temporary Accommodation Move On Accommodation |
177,505 32,279 |
5,773 | 183,278 32,279 |
|
| Investment Income |
||||
| Total | 241,626 | ~18 013 | 259,639 | |
| EXPENDITURE ON | ||||
| Raising funds | 227 | 227 | ||
| Charitable activities |
||||
| Temporary Accommodation Move On Accommodation |
193,521 13,647 |
3,262 | 196,783 13,647 |
|
| Total | ~207 395 | ~3262 | ~210657 | |
| NET INCOME | 34,231 | 14,751 | 48,982 | |
| Other recognised galas/(losses) Gains on revaluation offixed assets |
334,829 | 334,829 | ||
| Net movement In funds |
34,231 | 349,580 | 383,811 | |
| RECONCILIAllON OF FUNDS |
||||
| Total funds brought forward | 187,109 | 666,743 | 853,852 | |
| TOTAL FUNDS CARRIED FORWARD | ~221 340 | 1~016323 | 1~237663 |
| TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|
| Computer | |||||
| Fixtures | and | ||||
| Freehold | arid | offic | Residents | ||
| property f |
fittings f |
equipment f |
ITsuite f |
Totals f |
|
| COST OR VALUATION | |||||
| At 1April 2022 Additions |
1,275,000 | 21,077 1,728 |
6,636 556 |
4,114 | 1306827 2,284 |
| Dlsposals Reclasslflcatlon/transfer |
(400) | (910) (320) |
320 | (1,310) | |
| At 31March 2023 | 1,275,000 | 22,405 | 5,962 | 4,434 | 1,307,801 |
| DEPRECIATION | |||||
| At 1April 2022 Charge for year Eliminated on disposal Reclassiflcatlon/transfer |
16,824 2,094 (280) |
5,172 554 (771) ~251) |
3,657 256 251 |
25,653 2,904 (1,051) |
|
| At 31March 2023 | 18,638 | 4,704 | 4,164 | 27,506 | |
| NET BOOK VALUE | |||||
| At 31March 2023 | ~1275,000 | 3,767 | 1,258 | 270 | 1,280,295 |
| At 31March 2022 | 1,275,000 | 4,253 | 1,464 | 457 | 1,281,174 |
| Cost or va | lua | tion at 31M |
arch 2023 | Is represente | d by; |
|||
|---|---|---|---|---|---|---|---|---|
| Computer | ||||||||
| Fixtures | and | |||||||
| Freehold | and | office | Residents | |||||
| prone/ty f |
fittings f |
equipment f |
ITsuite E |
Totals f |
||||
| I/aluatlon | In | 2022 | 334,829 | 334,829 | ||||
| Valuation | ln | 2015 | 199,821 | 199,821 | ||||
| Cost | 740,350 | 22,405 | 5,962 | 4,434 | 773,151 | |||
| 1 | 280,656 | 22,405 | 5962 | 4,434 | 1,307,801 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | f | |||
| Trade debtors | 9,609 | 19,158 | ||
| Other debtors | 7,039 | 16,135 | ||
| Prepayments and accrued Income |
~1832 | 593 | ||
| 18,479 | 35,886 | |||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| E | E | |||
| Bank loans and overdrafts | (see note 17) | 13,238 | 12,827 | |
| Other taxes and social security | 1,305 | 447 | ||
| Other creditors | 4,656 | 15,442 | ||
| Accruals and deferred Income | 7,372 | 7,398 | ||
| 26,571 | 36,114 | |||
| CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 2023 | 2022 | |||
| E | 6 | |||
| Bank loans (see note 17) | 151,267 | 164,593 | ||
| LOANS | ||||
| An analysis ofthe maturity | ofloans Is given below: |
|||
| 2023 | 2022 | |||
| E | f | |||
| Amounts falling due within one year on demand: Bankloans |
13,238 | 12,827 | ||
| Amounts falling due between two and five years: Bank loans - more than 1year |
151,267 | 164,593 | ||
| SECURED DEBTS | ||||
| The following secured | debts are Included within creditors; | 2023 | 2022 | |
| E | E | |||
| Bank loan | ~124 854 | ~128 243 |
| MOVEMENT IN F |
UNDS | |||||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.22 | In funds | funds | 31.3.23 | |||||
| f | E | E | E | |||||
| Unrestricted funds |
||||||||
| General Fund |
221,340 | 43,753 | 265,093 | |||||
| Restricted funds | ||||||||
| National Lottery Charities Board Fund Freehold Property Revaluation Reserve Rent Deposit Guarantee Scheme Keys for Keeps |
250,179 534,650 8,699 5,665 |
250,179 534,650 8,699 5,665 |
||||||
| Colchester Borough Council - welfare |
voluntary | 8,490 | (1,763) | 6,727 | ||||
| Lockton Fund | 2,177 | (1,688) | (69) | 420 | ||||
| Resident ID Fund |
1,163 | 240 | 1,403 | |||||
| Anglla Community Trust GannettFoundatlon |
- residents | IT suite | 2,348 1,396 |
(256) | 69 | 2,161 1,396 |
||
| Winter Resilience 39-41Alexandra |
Fund Road covld adaptations |
366 ~201190 |
(366) | ~201190 | ||||
| ~2016323 | ~3,833) | ~2012,490 | ||||||
| TOTALFUNDS | 1,237,663 | 39,920 | 1,277,583 |
| Net movement in f |
unds, Included In |
the above are as fo | llows: | llows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | In funds | ||||
| E | E | E | ||||
| Unrestricted funds |
||||||
| General Fund |
323,268 | (279,515) | 43,753 | |||
| Restricted funds | ||||||
| Colchester Borough Council - voluntary |
||||||
| welfare | (1,763) | (1,763) | ||||
| Lockton Fund | (1,688) | (1,688) | ||||
| Resident ID Fund |
240 | 240 | ||||
| Anglla Community Winter Reslgence |
Trust - residents Fund |
IT suite | (256) ~366) |
(256) ~366) |
||
| 240 | ~4073) | ~3833) | ||||
| TOTALFUNDS | 323,508 | (283,588) | 39,920 |
| Comparatlves for |
m | ovem | ent | in | fun | ds | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net | ||||||||||||
| movement | At | |||||||||||
| At 1.4.21 | In funds | 31.3.22 | ||||||||||
| 6 | E | E | ||||||||||
| Unrestricted funds |
||||||||||||
| General Fund |
187,109 | 34,231 | 221,340 | |||||||||
| Restricted funds | ||||||||||||
| National Lottery Charities Board Fund Freehold Property Revaluation Reserve Rent Deposit Guarantee Scheme Keys for Keeps |
250,179 199,821 8,699 5,665 |
334,829 | 250,179 534,650 8,699 5,665 |
|||||||||
| Colchester Borough welfare |
Council -voluntary | 9,414 | (924) | 8,490 | ||||||||
| Lockton Fund | 3,590 | (1,413) | 2,177 | |||||||||
| Resident ID Fund |
923 | 240 | 1,163 | |||||||||
| Anglla Community GannettFoundatlon |
Trust | - residents | IT suite | 2,783 1,396 |
(435) | 2,348 1,396 |
||||||
| Winter Resilience | Fund | 856 | (490) | 366 | ||||||||
| 39-41Alexandra | Road covid adaptatlons | 183,417 | 17,773 | 201,190 | ||||||||
| 666,743 | 349,580 | 1~016,323 | ||||||||||
| TOTALFUNDS | 853,852 | 383,811 | 1,237,663 | |||||||||
| Comparative net |
movement | in funds, Included | ln the above are as follows: | |||||||||
| Incoming | Resources | Gains and | Movement | |||||||||
| resources | expended | losses | In funds | |||||||||
| E | f | E | E | |||||||||
| Unrestricted funds |
||||||||||||
| General Fund |
241,626 | (207,395) | 34,231 | |||||||||
| Restricted funds | ||||||||||||
| Freehold Property | Revaluation | Reserve | 334,829 | 334,829 | ||||||||
| Colchester Borough Council -voluntary |
||||||||||||
| welfare | (1) | (923) | (924) | |||||||||
| Lockton Fund | 1 | (1,414) | (1,413) | |||||||||
| Resident ID Fund |
240 | 240 | ||||||||||
| Anglla Community | Trust | - residents | IT suite | (435) | (435) | |||||||
| Winter Resglence | Fund | (490) | (490) | |||||||||
| 39-41Alexandra | Road covld | ada ptatlons | ~17 | 773 | 17,773 | |||||||
| 18,013 | ~3262) | 334,829 | ~349 580 | |||||||||
| TOTALFUNDS | 259,639 | (210,657) | 334,829 | 383,811 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f | E | ||||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies |
|||||
| Donations | 48,83$ | 43,926 | |||
| Grants | 500 | 150 | |||
| 49,33$ | 44,076 | ||||
| Investment Income |
|||||
| Deposit account interest | 257 | ||||
| Charitable activities |
|||||
| Grants | 6,784 | ||||
| Accommodation charges |
191,583 | 133,529 | |||
| Essex County Council - housing | related support | 51,757 | 51,757 | ||
| Residents fees | 26,764 | 13,487 | |||
| Business Interruption | claim | ~3809 | ~10000 | ||
| ~273 913 | ~215 557 | ||||
| Total incoming resources | 323,508 | 259,639 | |||
| EXPENDITURE | |||||
| Raising donations and legacies |
|||||
| March4CENS | 1,736 | ||||
| Investment management |
costs | ||||
| Administrative expenses |
164 | 227 | |||
| Charitable activities |
|||||
| Wages | 156,466 | 127,026 | |||
| Social security | 9,940 | 7,611 | |||
| Pensions | 3,361 | 2,675 | |||
| Repairs to property | 24,227 | 10,053 | |||
| Cleaning services |
8,383 | 3,449 | |||
| Rates and water | 5,30$ | 5,807 | |||
| Insurance | 8,139 | 8,444 | |||
| Light and heat | 9,719 | 9,734 | |||
| Telephone | 3,367 | 5,290 | |||
| Postage and stationery | 590 | 207 | |||
| Residents' suppges |
and activities | 10,424 | 7,215 | ||
| Database & ITcosts |
4,670 | 1,670 | |||
| Carried forward | 244,594 | 189,181 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | E | |||
| Charitable activities |
||||
| Brought forward | 244,594 | 189,181 | ||
| Other staff and volunteers | 1,705 | 774 | ||
| Subscriptlons | 1,149 | 1,495 | ||
| Storage costs | 2,189 | 2,046 | ||
| Sundry expenses | 112 | 94 | ||
| Volunteers matter costs |
15,856 | 2,579 | ||
| Depreciation oftangible |
fixed assets | 2,901 | 3,584 | |
| Loss on sale oftangible | fixed assets | 259 | ||
| Bank loan Interest | 6,843 | 5,904 | ||
| 275,608 | 205,657 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 875 | |||
| Governance costs |
||||
| Independent examination |
fees | 1,752 | 1,668 | |
| Accountancy fees |
2,376 | 1,002 | ||
| Legal and professional | fees | 1,077 | 1,372 | |
| Trustee meeting expenses | 42 | |||
| 5,205 | 4,084 | |||
| Total resources expended | ~283588 | ~210657 | ||
| Net Income | ~39 920 | 48,982 |