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|Trustees||DrSBarrett||
|---|---|---|---|
|||Mrs 6 irons||
|||Mr 0Lockwood||
|||Mr F Price||
|||Mrs A Wilson||
|||Mrs M Bourne||
|Secretary||Mrs CForbes||
|Chief Executive||Mrs L-A Smith||
|Charity number||1003230||
|Company|number|2614194||
|Registered|ofgce|Laurel End||
|||Laurel Avenue||
|||Polesworth||
|||Nr Tamworth||
|||Staffordshire||
|||B781LT||
|Auditor||Burgis gt Bullock||
|||23-25Waterloo Place||
|||Warwick Street||
|||Leamington|Spa|
|||Warwickshire||
|||CV32 SLA||
|Bankers||HSBC pic||
|||3a Queens
Road||
|||Nuneaton||
|||Warwickshire||
|||CV11SJL||
|Solicitors||Rutherfords||
|||Ventura
House,||
|||Ventura
Park|Road|
|||Tamworth||
|||Staffordshire||
|||B783HL||
##
||||CONTENTS||
|---|---|---|---|---|
|||||Page|
|Trustees' report||||1-10|
|Statement of|Trustees'|responsibilities|||
|Independent|auditor's|report||12 —16|
|Statement of|financial|activities||17|
|Balance sheet||||18|
|Statement of|cash flows|||19|
|Notes tothe financial||statements||20-35|
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|Description||||Designated|funds|Expected timing|Expected timing|
|---|---|---|---|---|---|---|---|
|i)
Property
to
be|used||for|E250,000||2021/2022||
|supported
living service||||||||
|ii)
Replacement
residential|||care|6435,000||2021/2022||
|home||||||||
|otal||||6685,000||||
|amounts
are otherwise|committed|||as at 31 March|2021. The following|is relevant|inf|
|ard to the Charity's
reserves||as at 31||March 2021:||||
|i) Amount of reserves|||||E4,223,576|||
|ii) Amount
ofany restricted||funds|||EO|||
|iii) Amount
of reserves|fund||that||62,485,554|||
|can only be realised
by|disposing|||||||
|oftangible fixed assets||||||||
|iv)
Amount
of
reserves||after|||E1,738,022|||
|making
allowance
for|ii) and||iii)|||||
|above||||||||
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|||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|2021|2020|
||||Notes||||||
|Income from:|||||||||
|Donations
and|legacies||3|2,628||291,822|294,450|9,138|
|Charitable
activities|||4|3,383,393|||3,383,393|3,309,114|
|Investments|||5|1,571|||1,571|3,147|
|Other income|||6|9,880||2,400|12,280|14,870|
|Total income||||3,397,472||294,222|3,691,694|3,336,269|
|~ECht|||||||||
|Charitable
activities|||7|3,223,032||270,649|3,493,681|3,193,536|
|Net gains on investments|||11|28,235|||28,235|(41,004)|
|Net incoming|resources|before|||||||
|transfers||||202,675||23,573|226,248|101,729|
|Gross transfers|between|funds||(239,427)|263,000|(23,573)|||
|Net movement|in funds|||(36,752)|263,000||226,248|101,729|
|Fund balances|at 1April|2020||3,575,328|422,000||3,997,328|3,895,599|
|Fund balances|at 31March||||||||
|2021||||3,538,576|685,000||4,223,576|3,997,328|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|E|f|
|Fixed assets||||||
|Tangible assets|||12|2,485,554|2,522,487|
|Investments|||13|179,145|150,910|
|||||2,664,699|2,673,397|
|Current assets||||||
|Debtors|||14|316,797|322,721|
|Cash at bank and in||hand||1,435,121|1,114,673|
|||||1,751,918|1,437,394|
|Creditors: amounts||falling due within||||
|one year|||15|(193,041)|(113,463)|
|Net current|assets|||1,558,877|1,323,931|
|Total assets|less current liabilities|||4,223,576|3,997,328|
|Income funds||||||
|Unrestricted|funds|||||
|Designated|funds||18|685,000|422,000|
|General unrestricted||funds||3,538,576|3,575,328|
|||||4,223,576|3,997,328|
|||||4,223,576|3,997,328|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|E|f|
|Cash fiows from operating||activities||||
|Cash generated
from operations|||24|428,515|455,302|
|Investing|activities|||||
|Purchase|oftangible
fixed|assets||(111,238)|(268,177)|
|Proceeds|on disposal oftangible fixed|||||
|assets||||1,600|1,268|
|Investment|income received|||1,571|3,147|
|Net cash used in investing||activities||(108,067)|(263,762)|
|Net cash used in financing||activities||||
|Net increase in cash and cash equivalents||||320,448|191,540|
|Cash and|cash equivalents|at beginning|ofyear|1,114,673|923,133|
|Cash and|cash equivalents|at end ofyear||1,435,121|1,114,673|
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|||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|
|||||2021|2021|2021|2020|
|||||E|f|E|f|
|Donations|and gifts|||2,628||2,628|9,138|
|COVID-19 support|||||291,822|291,822||
|||||2,628|291,822|294,450|9,138|
|COVID-19|support grant income|||||||
|Coronavirus|Job Retention|Scheme|||58,320|58,320||
|Adult Social Care Infection||Control funding|||172,553|172,553||
|Coronavirus|related Statutory||Sick Pay||8,495|8.495||
|Respite and day services support|||||43,206|43,206||
|Adult Social Care Infection||Control funding-||||||
|Workforce|Capacity||||9,248|9,248||
||||||291,822|291,822||
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||||||Long stay|short stay|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||so Iv lion|ssnaoas|2021|2020|
||||||2021|2021|||
|Accommodation,|care|and|support|services|2,887,471|495,922|3,383,393|3,309,114|
|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021|2020|
|||||||f|f|
|Interest|receivable|||||1,571|3,147|
|Other income||||||||
|||||Unrestricted|Restricted|Total|Unrestricted|
|||||funds|funds||funds|
|||||2021|2021|2021|2020|
|||||f|f|f|f|
|Training|and insurance||income||2,400|2,400|419|
|Contributions||to meals|and holidays|8,264||8,264|12,766|
|Solar panel income||||1,616||1,616|1,580|
|Farm produce|||||||105|
|||||9,880|2,400|12,280|14,870|
##
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||||Long stay|Short stay|Total|Long stay|Short stay|Total|
|---|---|---|---|---|---|---|---|---|
||||services|services|2021|services|services|2020|
||||2021|2021||2020|2020||
||||E|6||6|6||
|Staff costs|||2,288,022|386,963|2,674,985|1,972,152|411,206|2,383,358|
|Depreciation|and||||||||
|impairment|||118,230|10,136|128,366|113,536|9,969|123,505|
|Food and household|||134,923|18,150|153,073|110,449|27,157|137,606|
|Daycare|||9,230|2,257|11,487|22,365|10,608|32,973|
|Premises|||92,647|27,614|120,261|93,095|27,788|120,883|
|Motor and travelling|||34,714|9,669|44,383|46,704|16,384|63,088|
|Miscellaneous|||25,636|2,656|28,292|19,612|3,132|22,744|
|Telephone|||2,194|1,096|3,290|2,789|902|3,691|
|Printing,
stationery||and|||||||
|computer
costs|||494|1,137|1,631|592|290|882|
|(Progt)/loss|on disposals||||||||
|offixed assets|||1,599||1,599|(1,366)|(169)|(1,535)|
||||2,707,689|459,678|3,167,367|2,379,928|507,267|2,887,195|
|Share ofsupport costs|||||||||
|(see note 8)|||280,708|37,930|318,638|255,216|43,636|298,852|
|Share ofgovernance||costs|||||||
|(see note 8)|||6,551|1,125|7,676|6,395|1,094|7,489|
||||2,994,948|498,733|3,493,681|2,641,539|551,997|3,193,536|
|Analysis
by|fund||||||||
|Unrestricted|funds||2,824,991|398,041|3,223,032|2,641,539|551,997|3,193,536|
|Restricted funds|||169,957|100,692|270,649||||
||||2,994,948|498,733|3,493,681|2,641,539|551,997|3,193,536|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||Number|Number|
|Accommodation,
care and||support|staff|120|118|
|The Charity's|management|and administration||15|14|
|Total||||135|132|
|Employment|costs|||2021|2020|
|||||f|6|
|Wages and salaries||||2,614,645|2,350,914|
|Social security|costs|||208,051|171,894|
|Other pension|costs|||55,708|51,722|
|||||2,878,404|2,574,530|
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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021|2020|
|||||||f|f|
|Revaluation|of investments|||||28,695|(40,472)|
|Gain/(loss)|on sale of|investments||||(460)|(532)|
|||||||28,235|(41004)|
|Tangible fixed assets||||||||
||||Land and|ofgce|Fixtures, beings|Motor vehicles|Total|
||||buildings|Equipment|aequipment|||
||||f|f|f.|f||
|Cost||||||||
|At 1April 2020|||3,151,593|33,870|224,896|458,379|3,868,738|
|Additions|||3,800|7,326|67,506|32,606|111,238|
|Disposals||||(606)|(3,179)||(3,785)|
|At 31March|2021||3,155,393|40,590|289,223|490,985|3,976,191|
|Depreciation
and impairment||||||||
|At 1April 2020|||839,036|24,246|110,944|372,025|1,346,251|
|Depreciation|charged|in the year|58,360|8,293|54,790|25,128|146,571|
|Eliminated
in respect||ofdisposals||(606)|(1,579)||(2,185)|
|At 31March|2021||897,396|31,933|164,155|397,153|1,490,637|
|Carrying amount||||||||
|At 31March|2021||2,257,997|8,657|125,068|93,832|2,485,554|
|At 31March|2020||2,312,557|9,624|113,952|86,354|2,522,487|
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|||||Unlisted|
|---|---|---|---|---|
|||||investments|
|||||f|
||Cost or valuation||||
||At 1April 2020|||150,910|
||Unrealised
gain/(loss)|in the year||28,695|
||Oisposals|||(460)|
||At 31March 2021|||179,145|
||Carrying amount||||
||At 31March 2021|||179,145|
||At 31March 2020|||150,910|
|14|Debtors||||
||||2021|2020|
||Amounts
falling due|within one year:|f|f|
||Trade debtors||126,661|114,131|
||Prepayments
and accrued income||190,136|208,590|
||||316,797|322,721|
|15|Creditors: amounts
falling due within one year||||
||||2021|2020|
||||f|f|
||Other taxation
and social security||86,420|46,917|
||Other creditors||43,643|18,188|
||Accruals and deferred|income|62,978|48,358|
||||193,041|113,463|
##
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||Movement||Movement|Movement|in funds|||
|---|---|---|---|---|---|---|---|
||in funds|||||||
||Incoming|Balance at|Incoming|Resources||Transfers|Balance at|
||resources|1April 2020|resoulces|expended|||21March 2021|
|||6|||6||E|
|Coronavirus
Job Retention||||||||
|Scheme|||58,320|(58,320)||||
|Adult Social Care Infection||||||||
|Control funding|||172,553|(148,980)||(23,573)||
|Coronavirus
related||||||||
|Statutory
Sick Pay|||8,495||(8,495)|||
|Respite and day services||||||||
|support|||43,206|(43,206)||||
|Adult Social Care Infection||||||||
|Control funding-||||||||
|Workforce Capacity|||9,248||(9,248)|||
|Skills for care training|||2,400||(2,400)|||
||||294,222|(270,649)||(23,573)||
##
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||||Balance at|Transfers|Balance at|Resources|Transfers|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1April 2019||1April 2020|expended||21March 2021|
||||6|6|6|6|6|E|
|Improvements||at existing|||||||
|properties|||22,000||22,000|(18,981)|(3,019)||
|Replacement||residential|||||||
|care home|||341,000|59,000|400,000||35,000|435,000|
|Supported|living property||||||250,000|250,000|
||||363,000|59,000|422,000|(18,981)|281,981|685,000|
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||2021|2020|
|---|---|---|
||E|E|
|Within one year|26,409|13,733|
|Between two and five years|51,614|25,149|
|ln over five years|3,260||
||81,283|38,882|
|21|Capital commitments|Capital commitments||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||At 31March|2021the|Charity|had capital commitments|as follows:|||
||Contracted|for but not|provided
in the financial statements:|||||
||Acquisition|of property,|plant|and equipment|||16,073|
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|||2021|2020|
|---|---|---|---|
|||f|E|
|Aggregate|compensation|123,704|117,872|
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|24|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations|2021|2020|
|---|---|---|---|---|---|
|||||E|6|
||Surplus forthe year|||226,248|101,729|
||Adjustments
for:|||||
||Investment
income|recognised|in statement offinancial activities|(1,571)|(3,147)|
||Loss on disposal of|investments||460|532|
||Fair value gains and|losses on investments||(28,695)|40,472|
||Depreciation
and impairment
oftangible gxed assets|||146,571|135,971|
||Movements
in working capital:|||||
||Decrease
in debtors|||5,924|171,756|
||Increase
in creditors|||79,578|7,989|
||Cash generated
from operations|||428,515|455,302|
|25|Analysis ofchanges|in net funds||||
||The Charity
had no|debt during|the year.|||