REGIsfERED Coh1Pryy hlTrlBER: 02500924 (England WaIes) REGisfERED CHARrrY ThlYlBER: I11348 REpoirr OF THE TRusfEES AND AUDrfED FIIAliCIAL STATEMENTS EIIIED 31 K4RCH 21121 FOR AGE CE)TRE TRLSI LLIIIIED Boningtw Limited Abbey Ctyjrt Higb Styed y>rt Sbrop5btre IFIO 7BW
YJRT coAGE C4RE CEhTrE TRIST LfNIITED CO.VTENTS OF THE FINNCIAL sfATF.MF FOR 21 Page Report ofthe Trustees StatemeDt ofFkn¢lACtsitIQ1 6 to 7 Notes to the Fln8nd81 Statejn 8 to 13 14 to 15
NEWPORT SHROPSH coA¢.E CARE RKVEREJ'CE ADNIDisfiL4TtI£ DEfAILS 'ORIWE. YE.4R Eh"DED liewport (Shropshire) C(we Care C£ntr Lirnited DeCtOrS Ol¢erS Dr. N.J. Tindall. Ch2trrnall Mr. P. AOWSith M. MA Brotherton Mr. D. Clancy Mr. IL Fellows Mrs. B. Gough Mr. T.C. Hannon Mr. S HatlersL¢y Mr R. Laidler MT. L C. Norton Mr. D. K. Shaw Mrs. JE. Sh¢ppard Mrs. D. Wdtsun-lonas Ur5. B. widlan1n Mrs. Mji. Wo(xlcock Mr& J.V. BuTk¢ Mr. RAFotrrsttt COMPL¥Y SECREfARY MrKCNorto REGISTERED OFH NeW)rt Coge Care Centre Upptt Bar Newport Shropshire TFIO 7EH AccoiNfAN15 Barringtons Limited Chanered AOn&ts 6 Abiw Coun High Street Newport Shr51 TFIO 7BW Lioyds TSB Bank pl¢. 95 High Strett Newport Shrop5hirc TAO 7AZ Page I
SBROFSHll COThAGE CLJTRE TRUST LrnltrED REpoRf OF THE. TRLTsfEES THE IE.4R ENTED 31 WCH Th¢ Truste£s whts are also d]rtorS of the >rnpanY prwt their ADnual Rqrt togth with the utLaudit&J FiDW)cial Statements of the company. The objediv¢ for the coropany is the rejief care and assistrwe of pffsoTrS iTf¢4xctiv¢ of colour, raee or treed SLttYering from any fomi of Sicklle or iDcapa¢ity aDd the ad¥2ll¢eina]t of edlleation provisioll of kilities Ill the interests Df social wdfare for rttreatioll and leisjre titDe (Wion for the tenefii of the commuDity in the Newport {Shropshire) District and surrouttding neighbourtithxl. The ¢(panY'SprInCIpal activity is th&of non resIdtial Meand also maintsining prLyef4y in a5lationIth tbe League of Friends. PUBLIC BENE The public benefits from the activities of the Trnsr the its on tbe hea]th and well-being of the itthabitallts of tpOrt and svrrounding aTea8. Althougb 3CUWities are lin)li geographi(xUy, th£ Trst th)es not discrilat¢ on the grtmttds of personaI ba¢kgr(Nind fatlL gender. age or&rnal ¢iTcumth ACHIETrL%Nr AND PERFORMANCE As a result of the CoroE]Avirus outbr&th in the Llniied Kingdotn th¢ CeJJtre w&5 closql to clients fi¥> 19th March 2020 until 7th June 2021 covering the whole of the pui(d cos'etrd by this Fortu¢JateJy T¢if(d & Wr¢kin Council still paid for Daycare fees for April, May & JuDe 2020 to betp coverthe Cenrre's costs. All Trust Staff wcre rdainedundertlLC CoronaviTU5 JRetention Scheffle. The Centre hAS rewed thillg June 2021 with a dmitoj llun of clients 'social dist4n¢ing' ¢onditions. Th¢ clients and +he staff caring fortlketll bave beeD fully vacciDated. Client numbers will be auowedto increase in X¢A)rdan¢e with UKlk>vanTnetkt regutioJLs. The directors are of the OPiDion that the Trust is finarttY stable and h&s raained adewe c&sb resOUe5 throughout the yearunder revi¢w FINANCIAL REVIEW In 2021. the company generated total illCOELe of L?61555. OpmtiD& maellt and &dlve CXP¢Te$ of £253,832 tr8ult¢d in an pwfit in fi]nds of4723. RESIRVES POUCY AND IUSK TrLIN.4GEIILYr It i5 the poliGy of tbt charity to rtLaitLtaiu unrtstricted fi]Dd& which are the frce reserves of the charity, at a leYe] which equate to approximately thre¢ months urLrestri¢ted ¢xpen(tith. tn addiuon the ttustees believe it prudent to retain dItIOnal reseryes to allow for ¢ontitigencies. This provides sufficieni tt$ to Cover mana¥em¢nt aDd th]ltration alld su'pport costs. Unre&ricted fuDd5 we mallltatt at all ceptable level through(pJt the year. trustees have reviewed the major risks to which the ¢harity is eKIK)s systems of prcyedures ond ¢ontff)Is ar¢ in place to mitigate tknse risks and appiopriate i]wj[a been taken OUL Jn ]ille with best prn¢tice t policie6 wlll be reviewed on allllual ksis. STRticfuRE, GOVKRfiANCK AND MAGEmENr The company is limited by gua13n¥ aryd eath TnJs*ee Dir Und0tak to contrilyjte an amount not exceAling £5 i the event of thc company being wound up. Day.ttrday mana¥etncnt of the (MpanY ts undethby the Ceotsemanagu Kerry Nolart. The Tnge$ m¢Et fomally on are8ular b&%i$ to revi¢w affairs and financial puf(rmartt of the eomparly. TDJst&5 are recruited from tbe IiThl are ap)1 by the CKiSting trusttts alld are loduOI into the role by the Page 2
NETr4TORT SHROPSIIIRE COTTAGE CARE CEliTRE TR ' TLL REPORT OF THE TR ' YEAII LN'DED REFERENCE AND ADMINISTRATIVE DETAIts Th¢ company is r¢gistered as a company ]imited by guaTantce undcr nutDkr 251K)924 8nd as a eh2rity under number l(K)1348 TbeDirtttors during the yr were: Dr. N.J. Tda11- Chw'maa Mr. P. Artowsrnith MTh. M.A. Brothcrton Mr. D. Clancy Mr. R. Fellows Mr& B. Gough Mr. T.C. Haron Mr. S HersItY Mr R. Laidler Mr. K. C. Norton Ur. D. K Shaw Mrs J.E. Sheppard Mr& D. rats9-jQ4 Mrs, B. WilliatiLbOD Mrs. MR. Woodc{k Mr8. J.V. Burke Mr. E.A Forr£ster Mr. P Atrowstntth, Mr. R Fcllow5, Mr. TC Nfr. R Laidler. Mrs JE S]wwd and M]¥ MR Wocdcock rdire by rotatiorL iD accordance with the Company'5 Arti¢les of Awlation ztMI it is PrO¢d thattwbe re<lected. The secretary of the compallywas MrK.C. Norton The registeml office aDd adllJi]llSttative kn of the company is: Newport Cottag¢ Care Centre UpFrBar Newport Sbropthire TFIO 7EH COMPLDINCE STATEMENr The TN5tees have coTr.plied with their duty Ulldtt 8tion 4 of the Clwiti£% Act 2 to bave due reg2rd to te guidance issued by the Chwity Commi&$1 concernitig ]thlic tr¢fit. This r¢port cOrdan with the &wiai provisioDS of Part 15 of the CoJnpaDies Act 21kn relating to small ¢ompaDid8. Approved by orderof the Ixjard oetru5tce5 on.................... ........... .. and signed on its bthalf by.. K CNortott. Trstee Pagc 3
D%EPE1)ET EKLIILNTR'S REPORTTO THE TRUSTEES OF OPSHtRE COTt TST LL%ItTED Independent eTgmin¢r's rwort ¢0 the trnstees of NeVrt (Shropshire) C(thge Care Centre Thist Llmited fth¢ Company.) I report to tbe ¢haTity trust on myexanjinatson of theaccounts of thecompany forthe yeareuded 31 March 2021. Rponsibl1itie& and basis of report As the ckniry's tNstees of the Co]npany (glld also its di[¢¢tO for the purposts of COTDpany law} you ar¢ rwon8ible for thc prq?l0ll of the accounts irl acdanCe with the mwients of the Companies Act 2LXXS (Ibe21Xb Act,). Having tIsfied mys¢lf that tde ¥¢ounts of the Compatty arc Jt rty4uitYd to be authted under Part 16 of th¢ 2006 Act and are etigible for itendent examtllatio J in roTttt of my exatnijthtion of jour charitys accounts as carried out utLder section 145 of tbe Charttics Aet 2011 {Ibe 2011 Art?. Itl Carrying Lwt my examinatioll I have followed the Diredions &ven by the Charity commion ulldersection 145(5) (b) ofthe 2011 A£t. Indepelld¢llt exJnAner'$ sttttement Since yi)ur charity's gross in¢ome eXded £2iO:(KKI ywr examiner must be a ]nenber of a listed bodv. I (w that i am qualified to undertake the exatuitHtion becau l a 8]CTed tllember of ICAEW which is one Df the list bodies. I have cOPICed Y examtDation. I confjrn that no mattas bave come to my atttion in ConntiOn with the examination giving me to believe: actIllg Mrds ere ttot kept In resm ofthc Compony as requirthl by section 386 of the 21MM5 Act. or the accounts do not %cord thi)5e record8. or the Kcounls do not comply the acll)Ug rv4uiremcnts of secuon 396 of the 2006 Act oth¢r than any requiremellt that the accouttts giye a ttue and fair view wbith is Tt a Tnatter considered &8]xrt of an independent XaMinatio or th¢ accoutJLq have Th)t bcen Pr4)ad in CordaCe with the a[ prillciples of the Statement of Recollmiended Practice for accounting and retx)rtin8 by charities (appltcAble to charities prqJaFing their accoullts in aCCor(L with the FiJJanuai RepTrtiog Standard applicable in the L3fjd Rq)ublic of Irelalld IFRS 102)). I b&Ye no concerng 8t have ciytne acri5 no rnattus in conntixion with the ex8miDation to which attention sh(Klld be drawn in this rtyort in orderto enable aprryerutskn(n8 of the a(Yowit tt> be reathed. Mr AM Bridge FCA ICAEW BTigEOnS Limited High Strn Newport Shropshire TFIO 7BW Date.. 119121 Page4
NEWPORT LNTRE corrAGE CARE LLMrrED ATE.IIEYr IL4TI)G Ih" IL EXPLYDI FOR THE YEAR LYDED 31 MARCH co 21 2021 Total funds 2020 Tot41 funds Ullre6tri¢ted RestriLted funds IPICOME AND E.NDOWMENTS FROM Don*ions and legxies 38,019 iO,(KKJ 48.019 97,399 Charltable A¢tlvEtles Charithl¢Artivities 208236 208,236 263,810 Oth¢r trading activitic Invcstmcnt iiicoitiB 6275 25 6,275 25 11,838 53 25? 555 io.( 262.555 373,100 EXPENDrrLIIE ON Raising fill5 1695 1695 5,807 Ch4rit8ble •¢tiviti Ch&ritable Activities 255,147 15,990 251,137 341,9 Totsl 137.842 IS.9} 253.832 347,456 NET INCO.IIFJIEXPKNDi) 14,713 (5,990) 8,723 25,644 RECONCItJATION OF Fuf4DS Trtal fund8 brought forward 264.958 38>254 650212 624,568 279,671 379264 658.935 650212 The t$ fom part of fUjala1 Page 5
.NEIITORT SHR AGE CARE c fRL I"RLS"r Lil[l.D JI MARCH 2021 2021 Totsj 2020 UllK5trict fid funds funds FIXED ASSETS Tangible assets 12 147.123 355.097 502,220 526,445 Dd>tor5 C&gh * bank and ill hand 13 3,)89 141,578 3,589 165,746 19,175 113,801 24,168 145.167 24,168 169,335 132,976 Arnounts falling duewithin on¢ yur 14 (12.619) (i) (11620) (9209) 131548 24,167 156,715 123,767 TOTAL ASSETS CURREh 279.671 379264 658935 650,212 NET ASSETS q79,671 379264 658,935 650,212 Ftir4DS Utyrestricted fund5 R£%tricted funds 15 279,671 379,264 264,958 385.254 658,935 650,212 The charitsble company is entided to exempti auth"t undcr 10 477 of the Companirs AGt 2006 for the year ended 31 Mor¢h 2021. The m&Trbers have not Tequired the company to obtsin an JJdit of its fillallcial StatE£ts for thc year Ended 31 March2021 in cordanCe with Sectioll476 of the Companies Act2(KlS. Thetne¢S acknowledge their rcspon5ibilities for (a) ells1g that the ¢1ltable cimipany keqis rnting Tecords tbaÉ comply with Se¢ti(w 386 and 387 of the Compauies Act 20(X5 w)d pr¢paring flnan¢iai statemcDts which give a tn]e atml fatr iiew of the State of affairs of the chatitsble cornpally as at the end of &ich financial year aod of its swplus or deficit for rach fiDanciai year in awDrdancc with thc rwuirements of Sectiolls 394 alld 395 and whtcb ot]JcThvi* cotDply with the rquirelljents of the Coinpanies Act re]ating to finaDcial statLThCDt4 far&s applicable to the charitable compally. Ib) The forrtt part 0fthLe fiDattial aleMenL£ Pagc6 continued..
IY)RT COTTAGE YCE SHEET. toDthiued H 2021 These financial stat¢DieJts bav¢ bu prryared in with the prOVion$ app]ieable to tbaritable ¢ompanies subj¢ct to tbe Sall coD]patitcs rryme. Thc financial staterents were approved by the Board of Tnt5tees alld authorised for issue i.%.AM. . We sigll¢d on its behalf by. KC Norton. T% The llotes foym part of finwial staternellts Pdge 7
SHROPSBTrE coAGLeARE CE.NTRE TRbST LThItT NOTES TO ThE FLYL)CIAL Yk.AR LryDED H 2021 ACCOUNfllYG POLICIL The financial statements of the ¢haNiable COmEWiy, vthich is a publtc benefit entity ullder FRS 102. have been PrePad tn accordance with the c&1cS SORP (FRS 102) 'Accounung 8JMI ReFrt)rting by Chartiics." Ststement of Recomm¢nd¢d Practice applicable to ¢hariti£s prq)ariDg tbeir aCCts in cOrdanCe with the FiTwicizI RcpDrtitig Stalldard applicable in tbe UK and Republic of treland (FRS 102) (effective l January 2019),. FinatLcial Reporting Standard 102 Tr FtllaDcial Rew>rting Standard 4)plicable in the UK alld Republic of Ireland. and the Companies Aet 2(Th. The financia1 5takmenrs hai'e been prepared undcr the historical cost convention. InconTre All inco]ne is eISed in the Statement of Financial Adiviti45 On the Charity has Mtitlement to the ftu)d% it is probabletljat the illwme will be received and th¢al]nt call be measured reliably. The charity ha8 receivd governmmi El in of Covid.19. tncome fiom goverDmellt and other are recognised at fair va]ue when the cbaTtry has titlemellt afttt any perfornwce conditions have been mel it i5 pr(thble that ibe ineomewill b¢ 1Ve andtheam(Mllnt eao be Meas teliably. Expendire Liabilities are re¢ognis as ex]ditre as tè&re is a Icgai or cot1s1¥t obltgation committing th¢ cbarity to that cxpellditu il ts prObIe th a t1$fer of economic ixefits will be wuired in settlement and the amount of the oblsgation can be measured re]iably. ExpenditrJre 15 acLXXLnt4yl for orl an xcruals basi5 and h&8 en cIlfied under beadings that a8g8(e ail ¢ost related to the category. Wtkte costs G9mlOt be directly attribud to parttcular headings they have been all(Kdtcd to on a basis coDsi5tent the use of Tangible rl¥l a55ets Dwreciation is provid * th¢ fouowing annual rate5 in oth to write off ezch asset over its estiTtLated use1 lif¢ Land andbuilding5 Ftxtyr¢s and fittings Motor vehicles Office eqUiPiDtnt 2Yo Ct 150/9 on reducing baiallce ?510 oll rethieing bdance 15V/• on rthing batanee Taxation The charity 1$ exempt fiwi ¢OrytiOn tax on its charitsble ac¢ivities. Fund ac¢owitlng unicE¢d fuTMls can be uwi irloccordw with thecharitsble Obj]v ai thE disrtion of the trustee6. RestrictLal funds edtl only k used for particular restricted purpLWS within the obj¢¢ts of the charity. Rel¢tiOnS arise whell spec]fied by tb¢ donor or when fiujds are rai%d foT particular rlEd purposcs. Further explanation of the nature and pul[e ofwh fimd is in¢lu(knl in the llces to the fintheial statements. Page 8 continued...
TORT SllROPSllE co.GE CARE LST LL}lED TO THE FL¥cIAL STATEMKYIS. contin ed FOR THE IEAR YDED 31 MAR DONAIIOf4S AP4D LEGAcIs 2021 2020 League ofFriends Support Dona¢ioDS &81¢$ 25,¢NX) 23.019 97.399 48,019 97,399 2021 2020 Event In¢oJne Local Lrttery, 245 6,030 5,242 6,596 6275 11,838 2021 2020 25 53 INCOME FROM CHARrrABLE Acrtvrr 2021 awitable Acttmties 2020 tivities Grants Daycare Rents]s Lunchas 157,311 13,832 36.393 71X) 202J25 40,366 21,119 208,236 263,810 Government received fhis year were up of £1] l J23 for fiw]ough elaims ond £25.988 firnn Telford & Wrekin c(KLllciI for ctrd 19 Page 9 cotytinurd...
RT .8HRn . COTTAGE CARE TFS TOTHE FL¥ATr4CLiLSTATENILF4TS. n(ittued NED3] MARCH 2Q21 R8lsing dOdOn5 and Iweies 2021 2020 Events and FllE Raising Local IK)tt¢ry 2,762 3,11$5 2,695 1695 5.807 CHARITABLE ACllvITl COSIB Costs (see note 8) Supwrt cixsts T[15 Cbaritable Actiiryti 245,481 5,656 251,137 Governance costs for £5,656 are Ill[¢ up of xewitallcy atMI payroll charge5 for £3241 wbich are for intspendent &xaminers rep(rt pryralion of ststuw tS & payroll seThices and the cost for furlough clain]s work was q415. DIRECT COSTS OF crrABLE ACTIV 202(J F(K%A and Catrrillg Water. R&t¢s & lJsUtallce HeaL Light a1 Power Rq)airs and Rell¢w71s MLNor and Trdvel Exper Stationery aDd Advenising Telephone and Postage Cleaning Sundry Exp¢ns&s Profewonal ftts Saian'es, NI& Pensions Depreciation 810 15,630 22,252 12,622 13,973 13250 10,271 5,747 4,942 5,549 7,010 10,936 1599 3,403 2,772 4,880 2.7 168.458 24,224 217.849 25.130 245.481 338.595 Page 10
NEWPORT L.y'rKE T%irrF.D OTE5 T THE FINNCIAL sfATEMEN15. cojjtinued EYDED 31 WC 21 IYKT INCOMEI(EXPENDrrLIIE) Net in(a)md(exp¢ndttute) is sted cknglnCrCdjting). 2021 2020 Dwwiation. owryKd &sets 24,225 25,130 TRUSTEES, REMUNERATtofi kYD BENEFITS There were no trust, remunetation or other foT the year 31st marcb 2021 for the year ended 314 2020. There were tx) trnste48' expenses paid for the year ended 315t March 2021 for the year C[ed 31st MCh 2020. ii. STAFF coKrs The avw Durnber of paid anpbytts was &s follows: 2021 2020 Full time ParttiLe 15 18 Gross wages of £16A.919 were patd durithg the . Employers national itJ5urgttte aMnt to £l.882, and tp[Yo3 pSlOn amounted to £1.657. 12. TANGIBLE FlAD ASSETS Fixb Ialld attd buildtD8S otor Yehide5 Offic¢ equiplnent Totals COST At l April 2020 and 31 March 2021 1,607 9&148 113,758 34J65 1,034,878 DEPRECIATION At l Aprtl 2020 Charge for year 314.399 15,814 64,062 4,723 105.(M)9 2,187 24,363 E,501 508,433 24,225 At 31 March 2021 330213 69J85 107,196 25,864 532,658 NET BOOK VALU At 31 March 2021 460J94 26.763 6,562 8,501 502220 At 31 March2020 476208 31,486 8,749 10,002 526,445 Page 11 ¢ontillued...
r4ERT COAGE CARE LSTL Ft¥knYCIAL sfATEMLYLS. rolltinu1 FOR THE YE.4R &II)ED DEBTORS: Amouyfs FALLLNG DUE wrrHLY YEAR 2021 2020 3,589 19,175 I& CREDrroRS: AMOUhryS FALLING DUE wrrHIN 014E YEAR 2ff21 2020 Sccial secwity and othert&xcg Accnwls and deferyed in¢ome 1602 10,018 3,476 5,733 11620 9209 15. Net movern¢nt tn futtds At 31.3.21 At 1.4.20 uDtrktO1 fulld$ General [Ld 264,958 14,713 279,671 Iand and lIding8 Wasting assets 234529 (7.540) 226,989 150.725 1,550 152,275 385254 (5990) 379264 TOTAL FUNDS 650212 8,723 658.935 Nct 0Vet iufi]nds. included inthe alx)v¢ areas follows: ttyoming Ri*ources Movement eXdea in funds Unrestricted fid5 General fimd 252.555 (237,&42) 14,713 Restrieted fullds Lattd and buildings Waaing &ssd$ (7,540) {7,540) 10,(KKJ (8,450) 1,550 io,tKK> (15,990) (5,990) TOTAL FUNDS 262.555 (253,832) 8,723 Page 12 continue4L..
NEWPORT COTTAGE CARE ItTED .ITRF. TRLST L OThS TO TBE F[NCIAL sfATEMEVtS. eott ' R THE AR E)I> I MARC IS. MOTrIMENf FUNDS- continued CompArAtlTh'e8 forrnovewettt in funds Net ]novemellt At 31.3.20 Atl.4.19 Unrests4cted funds Genetsl fLmd 247.732 17226 264,958 Land andbuildings Wuting a 230,635 3,894 234,529 146,201 4,524 150,725 376.836 8,418 385254 624.568 25.644 650,212 Comparative ne¢ mov¢m¢nt itt fi]n&% tncluded in the at#)i'¢ arc &s follows: In<xJrwg Resources Movenja expwd in funds Unrestriettd funds General fid 347.647 (330.421) 17226 Restricted fid5 IAnd and buEldings 11285 (7,391) 3,894 14,168 (9,6441 4,524 25.453 {17,035) 8,418 TOTAL FUNDS 373,1 (347,456) 16. There wthe no ated pAty iTanwtions fortheyfar endd 3l March 2021. Page 13
RT .4 cLYrRE TRLST LThITfED 2021 2020 DDnAtiDJ]s and IegAct¢s League of FendS Support Donations & Lega¢ie8 25,( 23,019 97,399 48.019 97.399 Other tr•dlng Admties Event Jncome Local Lxknery 245 6.030 5242 6,596 6275 11,838 tnvestnJ¢nt in¢om¢ Bank IntC4E5t 25 53 ChaTitsble activit Grants Day¢arc Rentds Lunches 157Jll 13,832 36,393 202,325 40,366 ?1,119 208236 263,810 Total Incomlng resou 262555 373,IlX) RalsAng donatknn$ and lega¢ies Evellts alld I,Jnd Rai5g Local ttery 1762 3.045 2,695 2.695 5.807 Ch&Tltsble acthltles F(xxt and Catering Wat6r, Rat£s & IDsurauc£ Heat, Light and Powcr Repairs and Renewa]s Motor alld TVe[ EXS Stationery and Advrrtising Telephone #lld Postage Clcalling Sundry Exp¢nso8 ¥Of£tonal fees Salarie4 & Pensio DeplatIOn 810 15,630 7992 10,936 1.599 2,077 3,403 2.772 4,880 2,7(Kl 168.458 24224 22252 13.973 13.250 10,271 i,747 4,942 5.549 7,010 217,849 25,130 245,481 338.595 This page dtKs Dot forni part of tkstatut(ry fillla1 Ststcnts Pag¢ 14
c(yrrAGE CARE LTh )TRE TRIT TAILED ATMEr OF ACTIvEs FO YEAR "DED 31 20 2021 2020 Support Costs Cowern4nc¢ costs Acc{X18cY attd Payroll 5,656 3,054 Total resourc&% fApended 253,832 347,456 Net Intome 8.723 25,644 This page forni part of the aattrtory financial $1atunents Page 15