2022-03-31-accounts

Trustees and Directors:	Trustees and Directors:	Trustees and Directors:	Trustees and Directors:	Mr M McEachran
				Dr A Roy OBE
				Mr G Cumberland
				Mr M Fellows
				Ms L Hendon
				Mr C Lees
				Mr M Weir
Registered	office:			The White House
				39Jaffray Crescent
				Erdington
				Birmingham
				B248BE
Bankers:				Lloyds Bank pic
				293 High Street
				West Bromwich
				B708NA
Auditors:				Malcolm Piper 8Company		Limited
				Kingsnorth House
				Blenheim Way
				Birmingham
				B448LS
Solicitors:				Ansons
				St Mary's Chambers
				5-7 Breadmarket	Street
				Lichfield
				Staffordshire
				WS136LQ
Registered	Charity	number:		1001885
Registered	Company		number	02554367
Patrons				Mr Carl Chinn MBE Ph.D.		F.Birm.Soc.
				Mr John Barnes MBE
Senior Management			Team	Ms L Hendon	(Chief Executive Officer)
				Mr CLees	(Director ofFinance)
				Mr M Weir	(Director of Estates)

				2022	2022	2022	2021
			Note	Restricted	Unrestricted E	Totalf	Total K
Income from:
Donations and legacies			2	10,507	2,107	12,614	8,188
Charitable activities:			3
Residential services					5,402,123	5,402,123	5,160,286
Day care services					445,447	445,447	531,772
Rental income	from
housing benefits					62,245	62,245	56,562
Total income				10,507	5,911,922	5,922,429	5,756,808
Expenditure on:
Charitable activities:
Residential and	day centre
care costs				39,961	5,426,403	5,466,364	5,319,620
Support costs			5	-	418,474	418,474	410,603
Total expenditure			4	39,961	5,844,877	5,884,838	5,730,223
Net (expenditure)/income		for	7
the year				(29,454)	67,045	37,591	26,585
Transfers between	funds
Net movement in funds for		the
year				(29,454)	67,045	37,591	26,585
Reconciliation offunds:
Total funds brought	forward
at 1 April 2021				39,500	2,740,115	2,779,615	2,753,030
Total funds carried	forward
at 31 March 2022				10,046	2,807,160	2,817,206	2,779,615

	Consolidated	Consolidated	Balance Sheet	at	31 March 2022
				2022		2021
		Note
Fixed assets
Tangible fixed assets					5,434,706	5,590,431
Current assets
Debtors		13	458,149			511,888
Cash at bank and in	hand		981,152			797,991
			1,439,301			1,309,879
Creditors: Amounts	falling
due within one year		14	(1,358,194)			(1,207,919)
Net current assets					81,107	101,960
Total assets less current					5,515,813	5,692,391
liabilities
Creditors: Amounts	falling
due after more than one year		15			(2,698,607)	(2,912,776)
Net assets					2,817,206	2,779,615
Funds
Restricted funds		17			10,046	39,500
Unrestricted funds		17			2,807,160	2,740,115
Total funds					2,817,206	2,779,615

					2022		2021
			Note
Fixed assets
Tangible fixed assets			11		4,967,961		5,110,280
Investments			12
					4,967,961		5,110,280
Current assets
Debtors			13	772,391		864,738
Cash at bank and	in	hand		981,152		797,991
				1,753,543		1,662,729
Creditors: Amounts		falling
due within one year			14	(1,340,936)		(1,202,463)
Net current assets					412,607		460,266
Total assets less	current
liabilities					5,380,568		5,570,546
Creditors: Amounts		falling
due after more than		one year	15		(2,698,607)		(2,912,776)
Net assets					2,681,961		2,657,770
Funds
Restricted funds			17		10,046		39,500
Unrestricted funds			17		2,671,915		2,618,270
Total funds					2,681,961		2,657,770

		Note	2022	2021
			R
Cash flow from operating activities		19	627,495	688,628
Interest paid			(105,997)	(112,276)
Net cash flow from operating	activities		521,498	576,352
Cash flow from investing activities		20	(129,972)	(195,652)
Cash flow from financing activities		21	(208,365)	(48,204)
Net increase in cash and cash equivalents			183,161	332,496
Cash and cash equivalents	at the start ofthe year		797,991	465,495
Cash and cash equivalents	at the end ofthe year		981,152	797,991
Cash and cash equivalents	consists of:
Cash at bank and in hand			981,152	797,991

otal expen	diture
			Other
		Staff	Direct	Total	Total
		Costs 6	Costs K	2022	2021f
Residential	and day centre
care costs		4,501,683	964,681	5,466,364	5,319,620
Support costs (see note 5)		219,438	199,036	418,474	410,603
		4,721,121	1,163,717	5,884,838	5,730,223

Z5,729,623)was attributable Support costs	to unrestr	icted funds.
			2022	2021
			F	6
Interest payable on bank borrowings		(see note 10)	105,997	112,083
Head office costs			72,340	64,684
Human resources			219,438	216,437
Governance costs (see note 6)			20,699	17,399
			418,474	410,603
Governance costs
			2022	2021
			E	6
Auditors remuneration			13,500	13,500
Trustees' expenses			7,199	3,899
			20,699	17,399
Net income/(expenditure)	for the year
Net income/(expenditure)	is stated after charging/(crediting);		2022 6	2021f
Profit on sale oftangible fixed assets				(2,871)
Auditors' remuneration:
Audit ofparent company Audit ofsubsidiary			11,700 1,800	11,700 1,800
Operating leases payments
Land and buildings			10,320	11,482
Other			29,767	27,510
Depreciation oftangible fixed assets			285,697	290,598
Exceptional expenditure:
Redundancy costs				74,735

ollows:
			2022		2021
			Number	FTE	Number	FTE
Direct charitable		activities	203	182	204	183
Support staff			17	14	17	14
			220	196	221	197
The total staff costs and employee's			benefits were as follows:		2022	2021
Staff salaries					3,957,949	3,992,188
Social security costs					307,025	265,860
Pension costs					93,389	83,870
Agency costs					315,879	162,748
Staff training	and healthcare				46,879	29,521
					4,721,121	4,534,187

					2022	2021
Wages and salaries (including Pension costs			benefits	in kind)	297,551 36,043	301,740 35,351
					333,594	337,091
Individuals	with pensions	accruing

earnings ove	r 860,000.
2022	2021
Number	Number

rustees were reimburse	d travel and other out ofp	ocket expenses	during the year a	s follows:
	2022 Number	2021 Number	2022	2021f
Travel			7,199	3,899
			7,199	3,899

Interest	payable	(net)
			2022	2021
			E	E
Interest	payable	on bank borrowings	105,997	112,276
Interest	received			(193)
			105,997	112,083

roup
	Freehold
	and	Fixtures
	Leasehold	and	Motor
	Property	Fittings	Vehiclesf	Total
Cost
At 1 April 2021	7,064,893	834,667	195,508	8,095,068
Additions	10,568	107,653	11,751	129,972
Disposals		238,459	1,063)	239,522
At 31 March 2022	7,075,461	703,861	206,196	7,985,518
Depreciation
At 1 April 2021	1,875,004	466,770	162,863	2,504,637
Charge for the year	136,222	135,890	13,585	285,697
Disposals		238,459	1,063	(239,522
At 31 March 2022	2,011,226	364,201	175,385	2,550,812
Net Book Value
At 31 March 2022	5,064,235	339,660	30,811	5,434,706
At 31 March 2021	5,189,889	367,897	32,645	5,590,431

Company
	Freehold	Fixtures
	Property	and	Motor	Total
		Fittings	Vehicles
			E
Cost
At 1 April 2021	6,394,597	834,667	195,508	7,424,772
Additions	10,568	107,653	11,751	129,972
Disposals		238,459)	1,063	239522
At 31 March 2022	6,405,165	703,861	206,196	7,315,222
Depreciation
At 1 April 2021	1,684,859	466,770	162,863	2,314,492
Charge for the year	122,816	135,890	13,585	272,291
Disposals		238,459	1,063)	239,522)
At 31 March 2022	1,807,675	364,201	175,385	2,347,261
Net Book Value
At 31 March 2022	4,597,490	339,660	30,811	4,967,961
At 31 March 2021	4,709,738	367,897	32,645	5,110,280

	The principal activity	The principal activity	of Jaffray Property Solutions	of Jaffray Property Solutions	of Jaffray Property Solutions	of Jaffray Property Solutions	is the provision	of	housing	and associated
	amenities	for individuals		with learning	disabilities	who are in necessitous			circumstances.
13.	Debtors
						Group				Company
					2022		2021		2022	2021
									K	E
	Amounts	falling due		within one year:
	Trade debtors				307,498		361,117		268,245	330,233
	Group undertakings								363,837	393,407
	Other debtors				39,891		45,316		37,540	43,374
	Prepayments				110,760		105,455		102,769	97,724
					458,149		511,888		772,391	864,738
14.	Creditors:	amounts	falling due within one year
						Group				Company
					2022		2021		2022	2021
	Bank loan				215,003		209,199		215,003	209,199
	Trade creditors				776,281		652,794		759,420	647,808
	Taxation	and social	security		83,070		80,659		83,070	80,659
	Accruals	and other	creditors		283,840		265,267		283,443	264,797
					1,358,194		1,207,919	1,340,936		1,202,463

		Group		Company
		2022	2021	2022 f	2021 K
Bank	loan	2,698,607	2,912,776	2,698,607	2,912,776

Includ	ed	in the above are amounts	falling due as foll	ows:
			Group		Company
			2022	2021	2022	2021
					E
Within		1 year	215,003	209,199	215,003	209,199
Over	1	year but within 5years	902,227	890,219	902,227	890,219
Over	5	years	1,796,380	2,022,557	1,796,380	2,022,557
			2,913,610	3,121,975	2,913,610	3,121,975

		2022	2021
		E	F
Within	one year	26,236	28,425
Within	two to five years	35,008	25,155
Over	five years	47,300	50,600
		108,544	104,180

a)	Group
			As at1				As at 31
			April 2021 E	Income E	Expenditure E	Transfersf	March 2022
	Restricted	Funds	39,500	10,507	(39,961)		10,046
	Unrestricted
	Funds		2,740,115	5,911,922	(5,844,877)		2,807,160
			2,779,615	5,922,429	(5,884,838)		2,817,206
b)	Company
			As at 1				As at 31
			April 2021	Income	Expenditure	Transfers	March 2022
			E		E	K
	Restricted	Funds	39,500	10,507	(39,961)		10,046
	Unrestricted
	Funds		2,618,270	5,830,665	(5,777,020)		2,671,915
			2,657,770	5,841,172	(5,816,981)		2,681,961

	applied towards the promotion	ofthe Group and Comp	any's obje	ctives.
	Analysis ofnet assets between	funds is as follows:
		Restricted		Unrestricted	2022
			Funds 6	Funds 6	Totalf
	Group
	Tangible fixed assets			5,434,706	5,434,706
	Current assets		10,046	1,429,255	1,439,301
	Creditors within one year			(1,358,194)	(1,358,194)
	Creditors over one year			(2,698,607)	(2,698,607)
	Total funds		10,046	2,807,160	2,817,206
	Company
	Tangible fixed assets			4,967,961	4,967,961
	Current assets		10,046	1,743,497	1,753,543
	Creditors within one year			(1,340,936)	(1,340,936)
	Creditors over one year			(2,698,607)	(2,698,607)
	Total funds		10,046	2,671,915	2,681,961
19.	Reconciliation ofnet income	to net cash flow from	operating	activities
				2022	2021
				6
	Net income for the year			37,591	26,585
	Depreciation charges			285,697	290,598
	Gains on sale oftangible fixed	assets			(2,871)
	Interest receivable				(193)
	Interest payable			105,997	112,276
				429,285	426,395
	Decrease in debtors			53,739	122,370
	Increase in creditors			144,471	139,863
	Net cash inflow from operating	activities		627,495	688,628

Notes	to the Cons	olidated Fina	ncial Statements for the Yea	ncial Statements for the Yea	r Ended 31 March 2022 (	continued)
20.	Cash flow	from investing	activities
					2022	2021
					E	E
	Payments	to acquire tangible		fixed assets	(129,972)	(205,444)
	Receipts from sale oftangible			fixed assets		9,599
	Interest receivable					193
					(129,972)	(195,652)
21.	Cash flow	from financing	activities
					2022f	2021
	Repayment	of long-term	loans		(208,365)	(98,204)
	New loans	—fixed rate				50,000
					(208,365)	(48,204)