2021-03-31-accounts - Jaffray Care Society

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			Administrative Infor	mation
Trustees and Directors:			Mr M McEachran
			Dr A Roy OBE
			Mr G Cumberland
			Mr M Fellows
			Ms LHendon
			Mr C Lees
			Mr M Weir
Registered	office:		The White House
			39Jaffray Crescent
			Erdington
			Birmingham
			B248BE
Bankers:			Lloyds Bank pic
			293 High Sneet
			West Bromwich
			B708NA
Auditors:			Malcolm Piper &	Company	Limited
			Kingsnorth House
			Blenheim Way
			Birmingham
			B44 8LS
Solicitors:			Ansons
			StMary's Chambers
			5-7Breadmarket	Street
			Lichfield
			Staffordshire
			WS136LQ
Registered	Charity number:		1001885
Registered	Company	number	02554367
Patrons			Mr Carl Chino MBEPh.D.		F,Birm.Soc.
			Mr John Bames MBE
Senior Management		Team	Ms LHendon	(Chief	Executive Officer)
			Mr C Lees	(Director ofFinance)
			Mr M Weir	(Director ofEstates)

				2021	2021	2021	2020
				Restricted	Unrestricted	Total	Total
			Note
Income from:
Donations and legacies			2	600	7,588		74,530
Charitable activities:			3
Residential services					5,160,286	5,160,286	4,594,695
Day care services					531,772	531,772	777,982
Rental income	Rom housing
benefits					56,562	56,562	62,709
Total income				600	5,756,208	5,756,808	5,509,916
Expenditure on:
Charitable activities:
Residential and	day centre
care costs					5,319,620	5,319,620	5,054,496
Support costs			5	600	410,003	410,603	456,411
Total expenditure			4	600	5,729,623	5,730,223	5,510,907
Net income/(expenditure)		for the	7
year					26,585	26,585	(991)
Transfers between	funds
Net movement in	funds	for the
year					26,585	26,585	(991)
Reconciliation offunds:
Total funds brought	forward
at 1 April 2020				39,500	2,713,530	2,753,030	2,754,021
Total funds carried	forward
at 31March 2021				39,500	2,740,115	2,779,615	2,753,030

					2021
				Note
Fixed assets
Tangible fixed assets						5,590,431		5,682,313
Current assets
Debtors				13	511,888		634,258
Cash at bank		and in hand			797,991		465,495
					1,309,879		1,099,753
Creditors:	Amounts		falling
due within		one year		14	(1,207,919)		(1,055,617)
Net current		assets				101,960		44,136
Total assets		less current				5,692,391		5,726,449
liabilities
Creditors:	Amounts		falling
due after more than one year				15		(2,912,776)		(2,973,419)
Net assets						2,779,615		2,753,030
Funds
Restricted funds				17		39,500		39,500
Unrestricted		funds		17		2,740, 115		2,713,530
Total funds						2,779,615		2,753,030


			Note
Fixed assets
Tangible fixed assets			11		5,110,280		5,188,756
Investments			12
					5,110,280		5,188,756
Current assets
Debtors			13	864,738		1,013,605
Cash at bank	and in hand			797,991		465,495
				1,662,729		1,479,100
Creditors: Amounts		falling
due within	one year		14	(1,202,463)		(1,050,652)
Net current	assets				460,266		428,448
Total assets	less current
liabilities					5,570,546		5,617,204
Creditors: Amounts		falling
due after more than		one year	15		(2,912,776)		(2,973,419)
Net assets					2,657,770		2,643,785
Funds
Restricted funds			17		39,500		39,500
Unrestricted	funds		17		2,618,270		2,604,285
Total funds					2,657,770		2,643,785

Consolidated	Sta	tement ofCash Flows for t	he Year Ended	31March 20	21
			Note	2021	2020
Cash flow &om operating	activities		19	688,628	328,863
Interest paid				(112,276)	(125,799)
Net cash flow from operating		activities		576,352	203,064
Cash flow from investing	activities		20	(195,652)	(71,949)
Cash flow from financing	activities		21	(48,204)	(192,053)
Net increase/(decrease)	in cash and cash equivalents			332,496	(60,938)
Cash and cash equivalents	at	the start ofthe year		465,495	526,433
Cash and cash equivalents		at the end ofthe year		797,991	465,495
Cash and cash equivalents		consists of:
Cash at bank and in hand				797,991	465,495

5.	Support costs
				2021	2020
					K
	Interest payable on bank borrowings		(see note 10)	112,083	123,958
	Head office costs			64,684	73,791
	Human resources			216,437	241,383
	Governance costs (see note 6)			17,399	17,279
				410,603	456,411
6.	Governance costs
				2021	2020
	Auditors remuneration			13,500	13,680
	Trustees' expenses			3,899	3,599
				17,399	17,279
7.	Net income/(expenditure) for	the year
				2021	2020
	Net income/(expenditure)	is stated after charging/(crediting):		g
	Profit on sale oftangible fixed assets			(2,871)	(3,700)
	Auditors' remuneration:
	Audit ofparent company			11,700	11,700
	Audit ofsubsidiary			1,800	1,800
	Other services				180
	Operating leases payments
	Land and buildings			11,482	11,482
	Other			27,510	31,301
	Depreciation oftangible fixed assets			290,598	303,145
	Exceptional expenditure:
	Redundancy costs			74,735

							2020
				Number	FTE	Number	FTE
Direct charitable		activities		204	183	210	187
Support staff				17	14	23	20
				221	197	233	207
The total staff	costs and employee's		benefits	were as follows:		2021	2020
Staff salaries					3,992,188		3,834,178
Social security	costs					265,860	248,170
Pension costs						83,870	94,366
Agency costs						162,748	231,228
Staff training	and	healthcare				29,521	39,395
					4,534,187		4,447,337

				2021	2020
Wages and	salaries (including		benefits in kind)	301,740	323,594
Pension costs				35,351	38,471
				337,091	362,065
Individuals	with pensions	accruing

rustees were reimbursed t	ravel and other out ofpocket e	xpenses during th	e year as follows:
	2021	2020	2021	2020
	Number	Number		K
Travel	3	3	3,899	3,599
			3,899	3,599

Interest	payable	(net)
			2021	2020
Interest	payable	on bank borrowings	112,276	125,799
Interest	received		(193)	(1,841)
			112,083	123,958

1.	Tangible Fixed Assets
a)	Group
		Freehold
		and	Fixtures
		Leasehold	and	Motor
		Property	Fittings	Vehicles	Total
	Cost
	At 1 April 2020	7,064,893	993,333	218,318	8,276,544
	Additions		181,769	23,675	205,444
	Disposals		(340,435)	(46,485)	(386,920)
	At 31March 2021	7,064,893	834,667	195,508	8,095,068
	Depreciation
	At 1 April 2020	1,738,922	664,493	190,816	2,594,231
	Charge for the year	136,082	142,713	11,803	290,598
	Disposals		(340,436)	(39,756)	(380,192)
	At 31March 2021	1,875,004	466,770	162,863	2,504,637
	Net BookValue
	At 31March 2021	5,189,889	367,897	32,645	5,590,431
	At 31March 2020	5,325,971	328,840	27,502	5,682,313

Company
	Freehold	Fixtures
	Property	and	Motor	Total
		Fittings	Vehicles
Cost
At I April 2020	6,394,597	993,333	218,318	7,606,248
Additions		181,769	23,675	205,444
Disposals		(340,435)	(46,485)	(386,920)
At 31 March 2021	6,394,597	834,667	195,508	7,424,772
Depreciation
At I April 2020	1,562,183	664,493	190,816	2,417,492
Charge for the year	122,676	142,713	11,803	277,192
Disposals		(340,436)	(39,756)	(380,192)
At 31 March 2021	1,684,859	466,770	162,863	2,314,492
Net BookValue
At 31 March 2021	4,709,738	367,897	32,645	5,110,280
At 31March 2020	4,832,414	328,840	27,502	5,188,756

Fixed asset	investments
Company
Cost
Investment	in subsidiary	undertakings

13.	Debtors
					Group		Company
				2021	2020	2021	2020
	Amounts falling due within		one year:
	Trade debtors			361,117	353,701	330,233	324,488
	Group undertakings					393,407	420,188
	Other debtors			45,316	160,029	43,374	156,584
	Prepayments			105,455	120,528	97,724	112,345
				511,888	634,258	864,738	1,013,605
14.	Creditors: amounts	falling due within		one year
					Group		Company
				2021	2020	2021	2020
	Bank loan			209,199	196,760	209,199	196,760
	Trade creditors			652,794	587,702	647,808	583,607
	Taxation and social	security		80,659	143,339	80,659	143,339
	Accruals and other	creditors		265,267	127,816	264,797	126,946
				1,207,919	1,055,617	1,202,463	1,050,652


reditors: amounts	falling due after more than one year
	Group		Company
	2021	2020	2021	2020
				g
Bank loan	2,912,776	2,973,419	2,912,776	2,973,419

Included	in the above are amounts f	alling due as follows:
		Group		Company
		2021	2020	2021	2020
Within	I year	209,199	196,760	209,199	196,760
Over I	year but within 5 years	890,219	842,938	890,219	842,938
Over 5	years	2,022,557	2,130,481	2,022,557	2,130,481
		3,121,975	3,170,179	3,121,975	3,170,179

t 31 March 2021 the Group and Company had an ases as follows:	nual commitments under non-cancellable	operating
	2021	2020
Within one year	28,425	31,731
Within two to five years	25,155	28,025
Over five years	50,600	53,900
	104,180	113,657

17.	Funds reconc	iliation
a)	Group
			As at 1				As at31
			April 2020	Income	Expenditure	Transfers	March 2021
	Restricted Funds		39,500	600	(600)		39,500
	Unrestricted	Funds	2,713,530	5,756,208	(5,729,623)		2,740,115
			2,753,030	5,756,808	5,730,223		2,779,615
b)	Company
			As at 1				Asat31
			April 2020	Income	Expenditure	Transfers	March 2021
	Restricted Funds		39,500	600	(600)		39,500
	Unrestricted	Funds	2,604,285	5,671,319	(5,657,334)		2,618,270
			2,643,785	5,671,919	5,657,934		2,657,770

towards the promotion	ofthe G	ofthe G	roup and Company's	roup and Company's	objectives.
Analysis ofnet assets	between		funds is as follows:
					Restricted		Unrestricted	2021
					Funds		Funds	Total
Group
Tangible fixed assets							5,590,431	5,590,431
Current assets					39,500		1,270,379	1,309,879
Creditors within one	year						(1,207,919)	(1,207,919)
Creditors over one year							(2,912,776)	(2,912,776)
Total funds					39,500		2,740, 115	2,779,615
Company
Tangible fixed assets							5,110,280	5,110,280
Current assets					39,500		1,623,229	1,662,729
Creditors within one	year						(1,202,463)	(1,202,463)
Creditors over one year							(2,912,776)	(2,912,776)
Total funds					39,500		2,618,270	2,657,770
Reconciliation ofnet	income to net cash flow from				operating	activities
							2021	2020
							K
Net income/(expenditure)		for		the year			26,585	(991)
Depreciation charges							290,598	303,145
Gains on sale oftangible		fixed		assets			(2,871)	(3,700)
Interest receivable							(193)	(1,841)
Interest payable							112,276	125,799
							426,395	422,412
Increase/(Decrease)	in debtors						122,370	(387,257)
Increase in creditors							139,863	293,708
Net cash inflow from operating				activities			688,628	328,863

N	otes to the Consolidated	Financial Statements for (continned)	Financial Statements for (continned)	the Year Ended 31Marc	h 2021
20.	Cash flow from investing	activities
				2021	2020
	Payments to acquire tangible		fixed assets	(205,444)	(77,490)
	Receipts fiom sale oftangible		fixed assets	9,599	3,700
	Interest receivable			193	1,841
				(195,652)	(71,949)
21.	Cash flow from financing	activities
				2021	2020
	Repayment oflong-term	loans		(98,204)	(192,053)
	New Ioans —fixed rate			50,000
				(48,204)	(192,053)