2023-03-31-accounts

			Jaffray Care Society	Jaffray Care Society
			Administrative Information
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
			293High Street
			West Bromwich
			B708NA
Auditors:			Malcolm Piper &Company		Limited
			Kingsnorth House
			Blenheim Way
			Birmingham
			B44 8LS
Solicitors:			Ansons
			St Mary's Chambers
			5-7 Breadmarket	Street
			Lichfield
			Staffordshire
			WS136LQ
Registered	Charity number;		1001885
Registered	Company	number	02554367
Charity website:			www.jaffraycare. corn
Patrons			Mr Carl Chinn MBE Ph.D.		F.Birm.Soc.
			Mr John Barnes MBE
Senior Management		Team	Ms L Hendon	(Chief Executive Officer)
			Mr C Lees	(Director ofFinance)
			Mr M Weir	(Director ofEstates)

				2023	2023	2023	2022
				Restricted	Unrestricted	Total	Total
			Note	f	6	K	K
Income from:
Donations and legacies			2	3,530	315	3,845	12,614
Charitable activities;			3
Residential services					5,671,616	5,671,616	5,402,123
Day care services					302,247	302,247	445,447
Rental income	from
housing benefits					72,862	72,862	62,245
Total income				3,530	6,047,040	6,050,570	5,922,429
Expenditure on:
Charitable activities:
Residential and	day centre
care costs				13,576	5,580,002	5,593,578	5,466,364
Support costs					440,620	440,620	418,474
Total expenditure			4	13,576	6,020,622	6,034,198	5,884,838
Net (expenditure)/income		for	7
the year				(10,046)	26,418	16,372	37,591
Transfers between	funds
Net movement in funds for		the
year				(10,046)	26,418	16,372	37,591
Reconciliation offunds:
Total funds brought	forward
at 1 April 2022				10,046	2,807,160	2,817,206	2,779,615
Total funds carried	forward
at 31 March 2023					2,833,578	2,833,578	2,817,206

	Cons	olidated	Balance Sheet at 31 March 2023
			2023	2022
		Note
Fixed assets
Tangible fixed assets			5,316,430	5,434,706
Current assets
Debtors		13	567,664	458,149
Cash at bank and in	hand		820,969	981,152
			1,388,633	1,439,301
Creditors: Amounts	falling
due within one year		14	(1,392,662)	(1,358,194)
Net current
(liabilities)/assets			(4,029)	81,107
Total assets less current			5,312,401	5,515,813
liabilities
Creditors: Amounts	falling
due after more than one year		15	(2,478,823)	(2,698,607)
Net assets			2,833,578	2,817,206
Funds
Restricted funds		17		10,046
Unrestricted funds		17	2,833,578	2,807,160
Total funds			2,833,578	2,817,206

				2023		2022
		Note
Fixed assets
Tangible fixed assets		11		4,863,091		4,967,961
Investments		12
				4,863,091		4,967,961
Current assets
Debtors		13	859,496		772,391
Cash at bank and in	hand		820,969		981,152
			1,680,465		1,753,543
Creditors: Amounts	falling
due within one year		14	(1,374,200)		(1,340,936)
Net current assets				306,265		412,607
Total assets less current
liabilities				5,169,356		5,380,568
Creditors: Amounts	falling
due after more than	one year	15		(2,478,823)		(2,698,607)
Net assets				2,690,533		2,681,961
Funds
Restricted funds		17				10,046
Unrestricted funds		17		2,690,533		2,671,915
Total funds				2,690,533		2,681,961

Consolidated	St	atement ofCash Flows for the	Year Ended	31 March 2023
			Note	2023	2022
				R
Cash flow from operating	activities		19	327,983	627,495
Interest paid				(111,803)	(105,997)
Net cash flow from operating		activities		216,180	521,498
Cash flow from investing	activities		20	(161,360)	(129,972)
Cash flow from financing	activities		21	(215,003)	(208,365)
Net (decrease)/increase	in	cash and cash equivalents		(160,183)	183,161
Cash and cash equivalents		at the start ofthe year		981,152	797,991
Cash and cash equivalents		at the end ofthe year		820,969	981,152
Cash and cash equivalents		consists of:
Cash at bank and in hand				820,969	981,152

			Other
		Staff	Direct	Total	Total
		Costs	Costs	2023	2022
		K	E	E
Residential	and day centre
care costs		4,653,938	939,640	5,593,578	5,466,364
Support costs (see note 5)		235,202	205,418	440,620	418,474
		4,889,140	1,145,058	6,034,198	5,884,838

	All expenditure for the current	and	prior year	is	in respect	of the furtherance	of the charitable
	activities of which F13,576 (2022: 639,961)was				attributable	to restricted funds	and M,020,622
	(2022:F5,844,838)was attributable		to unrestricted		funds.
	Support costs
						2023	2022
						E
	Interest payable on bank borrowings		(see note	10)		111,803	105,997
	Head office costs					71,416	72,340
	Human resources					235,202	219,438
	Governance costs (see note 6)					22,199	20,699
						440,620	418,474
6.	Governance costs
						2023 E	2022f
	Auditors remuneration					15,000	13,500
	Trustees' expenses					7,199	7,199
						22,199	20,699
	Net income for the year
						2023	2022
	Net income is stated after charging:					F
	Auditors' remuneration:
	Audit of parent company					13,200	11,700
	Audit ofsubsidiary					1,800	1,800
	Operating leases payments
	Land and buildings					10,320	10,320
	Other					14,037	29,767
	Depreciation oftangible fixed	assets				279,636	285,697

						2023	2022
						K
Wages and salaries	(including		benefits	in kind)		294,060	297,551
Pension costs						36,044	36,043
						330,104	333,594
Individuals with pensions		accruing
The Charity had 3(2022 -		3)employees		(including	Charity Trustees)	with earnings	over f60,000.
They fall into the following		bands:
						2023	2022
						Number	Number
6110,000to f120,000
690,000to K100,000

								2023	2023		2022		2023	2022
								Number			Number		E	S
Travel													7,199	7,199
													7,199	7,199
Trustees' expenses		are	reviewed				and	authorised			by the	Chair	of the Remuneration	and
Governance sub-group.
Trustees do not	claim	all	expenses			incurred			on	behalf ofthe Charity			for travel and attendance at
Charity meetings per Trustee for	or events. The their expenses,				Charity which			makes a contribution ofa maximum of8150per month in no case did this exceed the costs incurred for any
individual Trustee.
The Charity also j2,130).	maintains		full Trustee Indemnity							Insurance at		acost ofk2,480 per annum		(2022:
Pension Scheme
The Charity operates		defined		contribution					pension		schemes.	The	pension cost charge	for the
year represents	contributions			paid	by		the	Charity		tothese schemes and amount toK88,611				(2022:
693,389). There	were no		outstanding				contributions				at either the beginning or end ofthe financial
year.
Interest payable
													2023	2022
													8	8
Interest payable on bank			borrowings										111,803 105,997
													111,803 105,997

Group
	Freehold
	and	Fixtures
	Leasehold	and	Motor
	Property	Fittings	Vehicles	Total
	f.
Cost
At 1 April 2022	7,075,461	703,861	206,196	7,985,518
Additions		143,370	17,990	161,360
Disposals		(162,445		162,445)
At 31 March 2023	7,075,461	684,786	224,186	7,984,433
Depreciation
At 1 April 2022	2,011,226	364,201	175,385	2,550,812
Charge for the year	136,292	129,382	13,962	279,636
Disposals		162445	-	162,445
At 31 March 2023	2,147,518	331,138	189,347	2,668,003
Net Book Value
At 31 March 2023	4,927,943	353,648	34,839	5,316,430
At 31 March 2022	5,064,235	339,660	30,811	5,434,706

Company
	Freehold	Fixtures
	Property	and	Motor	Total
		Fittings	Vehiclesf
Cost
At 1 April 2022	6,405,165	703,861	206,196	7,315,222
Additions		143,370	17,990	161,360
Disposals		162,445)		162,445
At 31 March 2023	6,405,165	684,786	224,186	7,314,137
Depreciation
At 1 April 2022	1,807,675	364,201	175,385	2,347,261
Charge for the year	122,886	129,382	13,962	266,230
Disposals		162,445	-	162,445
At 31 March 2023	1,930,561	331,138	189,347	2,451,046
Net Book Value
At 31 March 2023	4,474,604	353,648	34,839	4,863,091
At 31 March 2022	4,597,490	339,660	30,811	4,967,961

ebtors
			Group		Company
		2023f	2022 6	2023	2022 6
Amounts falling due within one year:
Trade debtors		372,508	307,498	318,883	268,245
Group undertakings				357,768	363,837
Other debtors		60,387	39,891	56,577	37,540
Prepayments		134,769	110,760	126,268	102,769
		567,664	458,149	859,496	772,391
reditors: amounts	falling due	within one year
			Group		Company
		2023	2022	2023	2022
		E	K	F	K
Bank loan		219,784	215,003	219,784	215,003
Trade creditors		860,949	776,281	845,596	759,420
Taxation and social	security	81,698	83,070	81,698	83,070
Accruals and other	creditors	230,231	283,840	227,122	283,443
		1,392,662	1,358,194	1,374,200	1,340,936

redit	ors: amounts fall	ing due after more than on	e year
		Group		Company
		2023	2022	2023	2022
		E	E	E	E
Bank	loan	2,478,823	2,698,607	2,478,823	2,698,607

Includ	ed	in the above are amounts	falling due as foll	ows:
			Group		Company
			2023	2022	2023	2022
			E	E	E	E
Within		1 year	219,784	215,003	219,784	215,003
Over	1	year but within 5years	912,872	902,227	912,872	902,227
Over	5	years	1,565,951	1,796,380	1,565,951	1,796,380
			2,698,607	2,913,610	2,698,607	2,913,610

inimu	m lease payments under non-cancellable	operating leases, which fall due as	follows:
		2023	2022
		E	E
Within	one year	24,930	26,236
Within	two to five years	43,417	35,008
Over	five years	44,000	47,300
		112,347	108,544

a)	Group
			As at1				As at 31
			April 2022	Income E	Expenditure	Transfers E	March 2023f
	Restricted	Funds	10,046	3,530	(13,576)
	Unrestricted
	Funds		2,807,160	6,047,040	(6,020,622)		2,833,578
			2,817,206	6,050,570	(6,034,198)		2,833,578
b)	Company
			As at1				As at31
			April 2022 f	Income	Expenditure E	Transfers 6	March 2023
	Restricted	Funds	10,046	3,530	(13,576)
	Unrestricted
	Funds		2,671,915	5,972,913	(5,954,295)		2,690,533
			2,681,961	5,976,443	(5,967,871)		2,690,533

	Analysis of net assets	between	funds	is as follows:
				Restricted		Unrestricted	2023
					Funds	Funds	Total
	Group
	Tangible fixed assets					5,316,430	5,316,430
	Current assets					1,388,633	1,388,633
	Creditors within one	year				(1,392,662)	(1,392,662)
	Creditors over one year					(2,478,823)	(2,478,823)
	Total funds					2,833,578	2,833,578
	Company
	Tangible fixed assets					4,863,091	4,863,091
	Current assets					1,680,465	1,680,465
	Creditors within one	year				(1,374,200)	(1,374,200)
	Creditors over one year					(2,478,823)	(2,478,823)
	Total funds					2,690,533	2,690,533
19.	Reconciliation ofnet	income	to net	cash flow from	operating	activities
						2023	2022
	Net income for the year					16,372	37,591
	Depreciation charges					279,636	285,697
	Interest payable					111,803	105,997
						407,811	429,285
	(Increase)/Decrease	in debtors				(109,515)	53,739
	increase in creditors					29,687	144,471
	Net cash inflow from	operating	activities			327,983	627,495

Note	s to the Cons	olidated Fina	ncial Statements for the Yea	r Ended 31March 2023 (	continued)
20.	Cash flow	from investing	activities
				2023	2022
				K	K
	Payments	to acquire tangible fixed assets		(161,360)	(129,972)
				(161,360)	(129,972)
21.	Cash flow	from financing	activities
				2023	2022
				F
	Repayment	of long-term	loans	(215,003)	(208,365)
				(215,003)	(208,365)
22.	Related party transactions