Christian Action And Resource Enterprise - Charities report - 22.2

REGISTERED COMPANY NUMBER: 02790390 (England and Wales)

REGISTERED CHARITY NUMBER: 1027978

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

CHRISTIAN ACTION AND RESOURCE ENTERPRISE

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

Notes to the Financial Statements

9

to

17

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The principal activity of the company in the year under review was that of relieving poverty, hardship and distress in Grimsby, Cleethorpes and the surrounding area in North East Lincolnshire.

ENSURING OUR WORK DELIVERS OUR AIMS

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees/Directors consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The results for the year and the financial position of the company are shown in the annexed accounts. A summary of the results for the year is given on page 7 of the accounts.

The charity has continued to meet its aims and objectives for 2021/22 through the following service provision;

CARE Housing

We continued to be challenged in the aftermath of Covid-19 and the restrictions that were imposed by the government.

Through the operation of CARE Housing, which offers a Damages Guarantee Scheme to landlord's, aiming to assist those who are homeless or pending homeless, during the year, we housed 9 new families or single people and continued to manage the tenancies of 160 existing tenants through CARE Housing. We expect this number to increase in the following year as Covid restrictions are fully lifted.

During the lifetime of its operation, CARE Housing has housed 4,216 local people in private landlord accommodation.

We also continue to provide accommodation for difficult to house, formerly homeless residents, in 7 flats located above the CARE Shop in Cleethorpes, NE Lincs.

This is how our work is described by other agencies and those we support:

A local Citizens Advice worker said:

"CARE's housing project is definitely of value to our agencies, as it gives people sustainable accommodation with support. The support is a big thing because we refer people to other local agencies for housing where there is no support and we find they lose their homes, whereas the clients we refer to your service, they keep their homes because of the support you provide".

Landlord:

"CARE is there for people who otherwise wouldn't get help from other agencies and organisations. CARE is saving people from catastrophe".

DWP Work Coach:

"We refer people to you as you don't need a deposit or guarantor which is a major issue for people, as they can't get these things. It's not just homeless people, it's people whose accommodation isn't liveable and need to move, you help these people too".

Tenant supported by CARE:

"Every time you come to see me, it's like there's this wall in front of me and every visit you are taking a brick out of the wall, and I can see a way forward and the light shining through".

CARE Community Support

This work is in its final year of funding from The National Lottery Community Fund.

The project provides 1:1 floating support in the client's home and support drop-in sessions across our Access Points. The key areas for Community Support are: Preventing Homelessness; Increasing Confidence; Improving Health and Wellbeing; Improving Life Skills; Maximising Income and Accessing Basic Needs.

In the last year the project has supported 222 adults and 114 children through its 1-1 Community support and 1074 adults and 568 children through contacts made via the access point Open House.

In the words of those we have supported:

"This service has made such a big difference. I think without this help being available, the suicide rate would increase. Without this help, I do not know where I would be".

"Other services have closed doors in my face. CARE isn't textbook. They listen to the needs of people and do their very best to help. They have a different understanding of people's needs; they help with everything".

CARE Shop

During this year we are pleased to report that our shop sales have returned to pre-pandemic level and have in fact shown a 3.7% increase in sales compared with 2019-2020 year. This is a very pleasing performance and is a sign of the remarkable work that the staff and volunteers of the shop have carried out during this year.

Our furniture Donation Scheme continues to be unique as it remains the only charity shop in the area that donates furniture and other essential items free of charge to people in need.

We were able to assist 514 people (including children) with donations towards food vouchers, gas, electricity, clothing, and furniture to those experiencing poverty, hardship, and distress to the value of £37,163.

CARE Emergency Food Provision

Although we changed the way that we offered our emergency food provision (2019-20), when we stopped giving actual food parcels out to the public from our Grimsby Access Point, we continued to do this from our Immingham Access Point, because our food provision remained the main, if not only, regular source available to people in Immingham.

That said during 2021-22 by our efforts we fed 497 people and provided for many more through the food that was donated to us by 37 organisations, including churches, schools, and individuals, and then distributed to third-party providers; by a conservative calculation this could have fed another 1250 people.

Christmas Toy Appeal

Once again in the run up to December we held our annual 'Toys for Joy' appeal, where we take donations of brand-new toys, or the cash to purchase them, and we donate them to families who find the Christmas season a highly stressful time of the year.

We thank various donors: companies, churches, schools, supermarkets, agencies, and individuals who give generously to us and thereby this year enabled us to help 838 (732 in Grimsby and 106 in Immingham) children with brand-new toys.

Staff & Volunteers

Throughout 2021-2022 we have sustained 11.69 FTE salaries at the end of the financial year. And, provided training and access to employment for the unemployed and those lacking confidence to work.

Created additional volunteering opportunities helping to integrate vulnerable people back into mainstream working life. Through General Management, the CARE Shop, CARE Housing & Community Support and our Access Points we have benefited from 4247 volunteer hours representing £ 37,841 (no. of hours x Living wage £ 8.91) in salaries equivalent.

Premises

The CARE Shop is situated on Alexandra Road, Cleethorpes and above the shop are our seven flats. Together these form the main source of our own funds.

The Grimsby Access Point on Hainton Avenue in Grimsby continues to provide drop-in facilities for people in crisis and need, and we also have our own training room to facilitate meetings, training and other group activities.

The Immingham Access Point is located within the Community Civic Hub and provides drop-in facilitates like that of our Grimsby Access Point and operates an emergency food provision service.

Income

CARE continues to be a not-for-profit charity. However, we continue to strive to achieve financial sustainability through generating income from CARE Shop sales, rental from the charity's properties and the 4% management charge to landlords. This can then be used to fund other areas of the charity enabling us to provide a holistic service to people in need across North East Lincolnshire.

In November we employed a part-time Fundraising Co-ordinator who has been successful with some smaller funding bids. We have also appreciated the services of a fund raising consultant who has helped us with our lager bid applications.

Throughout the year we have been extremely grateful for grants received from, The National Lottery Community Fund, Sir Alec Black, The Mercers' Company, The Big Local, Sector Support North East Lincolnshire (North Bank Forum), the Albert Hunt Trust, and personal gift aided donations, plus other donations.

FINANCIAL REVIEW

Reserves policy

Free reserves at the end of the year amount to £129,819 (2021 - £135,123) and are considered by the Trustees/ Directors to be adequate. Additionally, the previous acquisition of the building at Alexandra Road and the subsequent improvement in house prices has meant that our owning the freehold provides additional security.

Post balance sheet activities

We are delighted to report that The National Lottery Community Fund has agreed to a further three years of tapered funding beginning in Sept 2022.

FUTURE PLANS

In the next twelve months CARE will mark its 30th anniversary, and this will be a time of celebration and reflection. In future years, we hope to look towards expanding out Housing support, and to exploring ways of bringing in funding through Exempt Accommodation and Enhanced Housing Benefit. We will also start to look at a new location which is more community focused, allowing us to bring people together for community activities. Social Investment and Commercial Sponsorship are two different areas that we will investigate because grant funding is becoming more difficult to obtain. We hope to obtain organisational development support through the Lloyds Bank Foundation, and this would cover organisational and fundraising strategy, communications and staff resilience coaching. Our future plans would include increasing our direct support to the community to help cope with the aftermath of the Covid pandemic.

ENVIRONMENTAL SUSTAINABILITY

Like most of society today, we recognise the damage of man-made climate change to the environment and ecology of the planet and the need to reduce our carbon footprint. Over the last four years we have started to make changes to move from paper-based systems to a paperless office; we will continue to explore ways to achieve this, but we will have to do this in incremental steps.

Since 2018 our default position has been to not automatically print out customer receipts in our shop unless the customer specifically asks for one. In March 2021 we signed up to the 'Beat the receipt' campaign and signed the 'Paperless Pledge'.

In addition, we have signed up to the Ethical Property Foundation Workshop series of such workshops and learning opportunities to learn what steps we can take and why it is vital we understand the property changes affecting our organisation; what we need to do as occupier, tenant or landlord to make our workplace energy efficient and a comfortable, productive working environment; understand the principles of cost and energy efficient maintenance management; how to spend to save money and cut carbon emissions.

Following on from this we will look to put in place an Ethical Property Plan which will form part of our environment and ecology strategy across the charity designed to reduce our carbon footprint and contribute to the government's plans to achieve Net-Zero carbon emissions in the years ahead.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is governed by it's Memorandum and Articles of Association.

As the company is limited by guarantee, there were no beneficial interests in the company.

Recruitment and appointment of new trustees

CARE seeks to appoint trustees/directors from persons who share the same ethos. It seeks to identify those most suitable to bring a balance of skills and strengths to the board.

Organisational structure

Management and Trustees/ Directors are responsible for the management of the Charity and its assets in furtherance of its objects.

Our current General Manager is due to retire within the next financial year and a review and recruitment process will be put in place to ensure CARE's future continues to go from strength to strength.

Induction and training of new trustees

On appointment, all Trustees/Directors undertake an induction to include overview of the Charity, breakdown of responsibilities.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Trustees/Directors have examined the major strategic, business and operational risks that the Charity faces and confirms that systems have been established to monitor and control these risks and ensure that the necessary steps can be taken when appropriate. Considerable work has been undertaken and professional services engaged of a reputable health and safety company to advise on all aspects of health and safety and employment regulations. A formal risk register has been established.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02790390 (England and Wales)

Registered Charity number

1027978

Registered office

47 Alexandra Road

CLEETHORPES

DN35 8LE

Trustees

D. Jones

D. Robinson

D. A. Postle

A N Jewitt

Independent Examiner

Chloe Tams

A.C.A

Smethurst & Co LLP

12 Abbey Road

GRIMSBY

DN32 0HL

Bankers

HSBC

55 Victoria St S

Grimsby

DN31 1UX

Senior Staff

Mr. S. Durkin

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Christian Action And Resource Enterprise for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charity SORP;

-	make judgements and estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 24 October 2022 and signed on its behalf by:

D. Robinson - Trustee

Independent examiner's report to the trustees of Christian Action And Resource Enterprise ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of A.C.A which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Chloe Tams

A.C.A

Smethurst & Co LLP

12 Abbey Road

GRIMSBY

DN32 0HL

23 November 2022

31.3.22

31.3.21

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

19,316

236,205

255,521

254,663

Charitable activities

Core

39,983

2,261

42,244

35,114

Other trading activities

3

115,107

-

115,107

41,061

Investment income

4

19

-

19

91

Other income

4,517

-

4,517

75,133

Total

178,942

238,466

417,408

406,062

EXPENDITURE ON

Shop expenditure

5

103,528

11,403

114,931

96,553

Charitable activities

Core

61,544

212,131

273,675

256,361

Total

165,072

223,534

388,606

352,914

NET INCOME

13,870

14,932

28,802

53,148

Transfers between funds

19

(11,133

)

11,133

-

-

Net movement in funds

2,737

26,065

28,802

53,148

RECONCILIATION OF FUNDS

Total funds brought forward

169,743

101,599

271,342

218,194

TOTAL FUNDS CARRIED FORWARD

172,480

127,664

300,144

271,342

31.3.22

31.3.21

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

11

222,110

-

222,110

228,211

CURRENT ASSETS

Stocks

12

16,203

-

16,203

17,253

Debtors

13

7,987

-

7,987

5,547

Cash at bank and in hand

133,630

127,664

261,294

241,342

157,820

127,664

285,484

264,142

CREDITORS

Amounts falling due within one year

14

(28,001

)

-

(28,001

)

(27,420

)

NET CURRENT ASSETS

129,819

127,664

257,483

236,722

TOTAL ASSETS LESS CURRENT LIABILITIES

351,929

127,664

479,593

464,933

CREDITORS

Amounts falling due after more than one year

15

(179,449

)

-

(179,449

)

(193,591

)

NET ASSETS

172,480

127,664

300,144

271,342

FUNDS

19

Unrestricted funds

172,480

169,743

Restricted funds

127,664

101,599

TOTAL FUNDS

300,144

271,342

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24 October 2022 and were signed on its behalf by:

D. Robinson - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charity has departed from the Charities SORP and FRS 102 in order to depreciate all freehold property at a rate of 2% on a straight line basis.

The treatment required by the Charities SORP and FRS 102 where an asset comprises of two or more major components is that each component should be depreciated separately over its useful life and that the value of land is not depreciated.

The trustees consider that depreciating all freehold property at a rate of 2% on a straight line basis reflects the value of the asset for the charity, and have concluded that the accounts present a true and fair view.

Incoming resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Raising funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs, include those costs that assist the work of the charity but do not directly undertake charitable activities and also include governance costs, those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% Straight Line

Plant and machinery

-

25% Straight Line

The charity has a policy to capitalise assets in excess of £250.

All fixed assets are included at cost less accumulated depreciation and Trustees carry out an impairment review when they see necessary.

Stocks

The Trustees/Directors consider it appropriate to reflect the replacement cost of donated goods and food on hand at the year end as income.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Irrecoverable VAT is charged to the Statement Of Financial Activities in the period to which it relates.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Donated goods

Donated goods are recognised in income at sales value when they are sold.

General services provided by volunteers and organisations are not recognised in the statement of financial activities. Further details of these are disclosed in the Trustees report.

Donated goods for distribution are recognised in the statement of financial activities when distributed at market value as donations and charitable expenditure.

Operating lease

Rentals on operating leases are charged to the statement of financial activities based on the terms set out by the lease agreements in place

2.	DONATIONS AND LEGACIES

31.3.22

31.3.21

£

£

Gifts and donations

39,157

37,351

Sir Alec Black Charity donations

14,129

12,560

Grants

202,235

204,752

255,521

254,663

Grants received, included in the above, are as follows:

31.3.22

31.3.21

£

£

Local Authority (North East Lincolnshire Council) Hardship Fund

-

10,000

National Lottery Community Fund

155,798

153,054

Lincolnshire Community Foundation

-

3,000

The Mercers' Company

27,273

27,273

The Big Local North Cleethorpes

914

-

RWE - Renewable UK Wind Ltd

-

4,000

National Lottery COVID-19 Fund

-

6,925

Sector Support North East Lincolnshire (North Bank Forum)

10,000

-

The Albert Hunt Trust

7,000

-

Other grants

1,250

500

202,235

204,752

3.	OTHER TRADING ACTIVITIES

31.3.22

31.3.21

£

£

Shop income

115,107

41,061

4.	INVESTMENT INCOME

31.3.22

31.3.21

£

£

Deposit account interest

19

91

5.	SHOP EXPENDITURE

Other trading activities

31.3.22

31.3.21

£

£

Staff costs

68,982

58,340

Office costs

878

343

Motor, travel and carriage

7,316

6,828

Volunteer expenses and training

1,483

1,811

Premises costs

15,531

13,224

Insurance

1,516

1,258

Communication

1,348

989

Equipment hire

1,368

1,221

Bank charges and interest

1,279

648

Sundries

1,784

1,882

Waste disposal

4,388

2,686

Professional fees

2,632

914

Training

115

120

Depreciation

6,311

6,289

114,931

96,553

6.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.22

31.3.21

£

£

Independent examiners fee and payroll costs

3,240

3,395

Depreciation - owned assets

8,715

8,383

7.	TRUSTEES' REMUNERATION AND BENEFITS

Mrs. A. M Jones the wife of trustee Mr. D Jones received remuneration as salary during the year of £11,750 (2021 - £10,669).

There were no other trustees' remuneration or other benefits for the year ended 31 March 2022 or for the year ended 31 March 2021.

Trustees' expenses

Trustees' expenses paid during the year ended 31 March 2022 totalled £71 (2021- Nil)

8.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.22

31.3.21

Shop

4

4

General Management

4

3

Family Housing & Support

8

9

16

16

No employees received emoluments in excess of £60,000.

Key management remuneration paid to key management during the year amounts to £22,346 (2021 - £21,694)

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

30,552

224,111

254,663

Charitable activities

Core

35,114

-

35,114

Other trading activities

41,061

-

41,061

Investment income

91

-

91

Other income

75,133

-

75,133

Total

181,951

224,111

406,062

EXPENDITURE ON

Shop expenditure

96,553

-

96,553

Charitable activities

Core

39,561

216,800

256,361

Total

136,114

216,800

352,914

NET INCOME

45,837

7,311

53,148

Transfers between funds

2,492

(2,492

)

-

Net movement in funds

48,329

4,819

53,148

RECONCILIATION OF FUNDS

Total funds brought forward

121,414

96,780

218,194

TOTAL FUNDS CARRIED FORWARD

169,743

101,599

271,342

10.	INDEMNITY INSURANCE

The company has paid £832 (2021 - £900) for insurance in respect of Trustees/Directors' liabilities incurred in connection with the discharge of their duties.

11.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

Totals

£

£

£

£

COST

At 1 April 2021

286,942

47,084

43,439

377,465

Additions

-

-

2,614

2,614

At 31 March 2022

286,942

47,084

46,053

380,079

DEPRECIATION

At 1 April 2021

92,687

16,974

39,593

149,254

Charge for year

5,739

942

2,034

8,715

At 31 March 2022

98,426

17,916

41,627

157,969

NET BOOK VALUE

At 31 March 2022

188,516

29,168

4,426

222,110

At 31 March 2021

194,255

30,110

3,846

228,211

12.

STOCKS

31.3.22

31.3.21

£

£

Donated stock

16,203

17,253

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other debtors

6,261

4,722

VAT

1,726

825

7,987

5,547

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans (see note 16)

14,200

14,149

Tax

3,280

2,719

Other creditors

10,521

10,552

28,001

27,420