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2022-03-31-accounts

Trustees Dr 5 Barrett
Mrs G 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 office Laurel End
Laurel Avenue
Polesworth
Nr Tamworth
Staffordshire
678 1LT
Auditor Burgis ik Bullock
23-25 Waterloo 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

Page
Trustees' report 1-10
Statement of Trustees' responsibilities
Independent auditor's report 12-16
Statement of financial activities 17-18
Balance sheet 19
Statement of cash flows 20
Notes tothe financial statements 21-38

Description Designated funds Expected timing
i. Renovations at property tof100,000 2022/23
be residential care home
i. Replacement office building f100,000 2023/24
Total f200,000
d to the Charity's
reserves		 as at 31Ma rch 20 22:
i. Amount of reserves f4,331,276
i. Amount ofany restricted funds f0
i. Amount of reserves fund that can only be f3,045,420
realised
by
disposing		 of tangible fixed
assets
i. Amount
of
reserves		 after making f1,285,856
allowance for ii) and iii) above

Current financial year Current financial year
Unrestricted Unrestricted Restricted Total Total
funds funds funds
general designated
2022 2022 2022 2022 2021
Notes f f f f f
Income and endowments from:
Donations
and		 legacies 37,906 121,472 159,378 294,450
Charitable
activities		 3,435,183 3,435,183 3,383,393
Investments 1,785 1,785 1,571
Other income 8,184 700 8,884 12,280
Total income 3,483,058 122,172 3,605,230 3,691,694
E~Cht
Charitable
activities		 7 3,385,946 122,172 3,508,118 3,493,681
Net gains/(losses)
on investments		 11 10,588 10,588 28,235
Net incoming resources before transfers 107,700 107,700 226,248
Gross transfers between funds 485,000 (485,000)
Net movement in funds 592,700 (485,000) 107,700 226,248
Fund balances at 1April 2021 3,538,576 685,000 4,223,576 3,997,328
Fund balances at 31March 2022 4,131,276 200,000 4,331,276 4,223,576

Prior Rnancial ye ar
Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
2021 2021 2021 2021
Notes f f f f
Income and endowments from:
Donations
and		 legacies 2,628 291,822 294,450
Charitable
activities		 3,383,393 3,383,393
Investments 1,571 1,571
Other income 9,880 2,400 12,280
Tote Iincome 3,397,472 294,222 3,691,694
~Ed t
Charitable
activities		 7 3,223,032 270,649 3,493,681
Net gains/(losses) on investments 28,235 28,235
Net incoming resources before transfers 202,675 23,573 226,248
Gross transfers between funds (239,427) 263,000 (23,573)
Net movement in funds (36,752) 263,000 226,248
Fund balances at 1April 2020 3,575,328 422,000 3,997,328
Fund balances at 31March 2021 3,538,576 685,000 4,223,576

2022 2022 2021
Notes E E
Fixed assets
Tangible assets 12 3,045,420 2,485,554
Investments 13 189,733 179,145
3,235,153 2,664,699
Current assets
Stocks 14 9,635
Debtors 15 346,679 316,797
Cash at bank and in hand 941,642 1,435,121
1,297,956 1,751,918
Creditors: amounts falling due within
one year 16 (201,833) (193,041)
Net current assets 1,096,123 1,558,877
Total assets less current liabilities 4,331,276 4,223,576
Income funds
Unrestricted funds - eneral
Designated funds 19 200,000 685,000
General unrestricted funds 4,131,276 3,538,576
4,331,276 4,223,576
4,331,276 4,223,576
Thefinan
'		 I
atementswereapprovedbythe		 Trusteesonk~. ...~..~... kD

2022 2021
Notes E
Cash flows from operating activities
Cash generated
from operations		 24 199,616 428,515
Investing activities
Purchase oftangible fixed assets (695,046) (111,238)
Proceeds on disposal oftangible fixed
assets 166 1,600
Investment
income received		 1,785 1,571
Net cash used in investing activities (693,095) (108,067)
Net cash used in financing activities
Net (decrease)/increase
in cash		 and cash
equivalents (493,479) 320,448
Cash and cash equivalents at beginning ofyear 1,435,121 1,114,673
Cash and cash equivalents at end ofyear 941,642 1,435,121

Unrestdcted Restricted Total Unrestricted Restricted Total
funds funds funds funds
general general
2022 2022 2022 2021 2021 2021
f f f f f
Donations and gifts 37,906 37,906 2,628 2,628
COVID-19 support 121,472 121,472 291,822 291,822
37,906 121,472 159,378 2,628 291,822 294,450

COVID-19 support
grant income
Coronavirus
Job
Retention Scheme 58,320 58,320
Adult Social Care
Infection Control
funding 70,600 70,600 172,553 172,553
Coronavirus
related
Statutory
Sick Pay		 6,773 6,773 8,495 8,495
Respite and day
services support 43,206 43,206
Workforce Capacity 44,099 44,099 9,248 9,248
121,472 121,472 291,822 291,822

Lang stay Short stay Total Total
services services 2022 2021
2022 2022
Accommodation, care and support services 3,021,961 413,222 3,435,183 3,383,393

Unrestricted Unrestricted
funds funds
general general
2022 2021
f f
Interest receivable 1,785 1,571
Other income
Unrestricted Restiicted Total Unrestricted Restricted Total
funds funds funds funds
general general
2022 2022 2022 2021 2021 2021
f f f f. f f
Training and insurance
income 700 700 2,400 2,400
Contributions to meals
and holidays 6,573 6,573 8,264 8,264
Solar panel income 1,611 1,611 1,616 1,616
8,184 700 8,884 9,880 2,400 12,280

Long stay Short stay Total Long stay Short stay Total
services services 2022 services services 2021
2022 2022 2021 2021
6 6 6
Staff costs 2,291,644 377,399 2,669,043 2,288,022 386,963 2,674,985
Depreciation
and
impairment 112,076 11,497 123,573 118,230 10,136 128,366
Food and household 130,159 19,980 150,139 134,923 18,150 153,073
Daycare 12,862 1,593 14,455 9,230 2,257 11,487
Premises 95,517 30,524 126,041 92,647 27,614 120,261
Motor and travelling 43,043 13,130 56,173 34,714 9,669 44,383
Miscellaneous 21,625 5,662 27,287 25,636 2,656 28,292
Telephone 1,913 1,266 3,179 2,194 1,096 3,290
Printing,
stationery		 and
computer costs 583 697 1,280 494 1,137 1,631
(Profit)/loss
on disposals
offixed assets 1,599 1,599
2,709,431 461,748 3,171,179 2,707,689 459,678 3,167,367
Share ofsupport costs
(see note 8) 289,318 39,561 328,879 280,708 37,930 318,638
Share ofgovernance costs
(see note 8) 7,090 970 8,060 6,551 1,125 7,676
3,005,839 502,279 3,508,118 2,994,948 498,733 3,493,681
Analysis
by fund
Unrestricted
funds-
general 2,922,597 463,349 3,385,946 2,824,991 398,041 3,223,032
Restricted funds 83,242 38,930 122,172 169,957 100,692 270,649
3,005,839 502,279 3,508,118 2,994,948 498,733 3,493,681

Support Governance 2022 2021 Basis ofallocation
costs costs
f
Staff costs 212,448 212,448 203,419
Depreciation 11,441 11,441 18,205
Office costs 28,082 28,082 33,968
Premises 23,367 23,367 20,818
Motor and travelling 7,551 7,551 8,723
Sundry 45,990 45,990 33,505
Audit fees 5,102 5,102 4,859 Governance
Accountancy 2,958 2,958 2,817 Governance
328,879 8,060 336,939 326,314
Analysed
between
Charitable activities 328,879 8,060 336,939 326,314

2022 2021
Number Number
Accommodation, care and support staff 118 120
The Charity's management and administration 16 15
Total 134 135

10 Employees (Continued)
Employment
costs		 2022 2021
E E
Wages and salaries 2,619,188 2,614,645
Social security costs 207,082 208,051
Other pension costs 55,221 55,708
2,881,491 2,878,404

Unrestricted Unrestricted
funds funds
general general
2022 2021
f f
Revaluation of investments 19,950 28,695
Gain/(loss) on sale of investments (9,362) (460)
10,588 28,235
Tangible fixed assets
land and oaica Fixtures, fittings Motor xehicles Total
buildings Equipment &equipment
f f f
Cost
At 1April 2021 3,155,393 40,590 289,223 490,985 3,976,191
Additions 643,610 16,102 35,334 695,046
Disposals (11,920) (2,880) (14,800)
At 31March 2022 3,799,003 44,772 321,677 490,985 4,656,437
Depreciation and impairment
At 1April 2021 897,396 31,933 164,155 397,153 1,490,637
Depreciation charged in the year 58,360 7,081 50,885 18,688 135,014
Eliminated
in respect		 ofdisposals (11,920) (2,714) (14,634)
At 31March 2022 955,756 27,094 212,326 415,841 1,611,017
Carrying amount
At 31March 2022 2,843,247 17,678 109,351 75,144 3,045,420
At 31March 2021 2,257,997 8,657 125,068 93,832 2,485,554

Unlisted
investments
f
Cost orvaluation
At 1April 2021 179,145
Unrealised
gain/(loss)		 in the year 19,950
Disposals (9,362)
At 31March 2022 189,733
Carrying amount
At 31March 2022 189,733
At 31March 2021 179,145
14 Stocks
2022 2021
f f
Finished goods and goods for resale 9,635
15 Debtors
2022 2021
Amounts falling due within one year: f f
Trade debtors 66,369 126,661
Prepayments and accrued income 280,310 190,136
346,679 316,797

Creditors: amounts
falling due within one year
2022 2021
6 6
Other taxation and social security 76,123 86,420
Other creditors 48,366 43,643
Accruals and deferred income 77,344 62,978
201,833 193,041

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Balance at Resources Transfers Balance at Transfers Balance at
1April 2020 expended 1April 2021 31March 2022
f f f f f f
improvements at existing
properties 22,000 18,981 (3,019)
Replacement residential
care home 400,000 35,000 435,000 (435,000)
Supported living property 250,000 250,000 (250,000)
Renovations of planned
residential care 100,000 100,000
Replacement office 100,000 100,000
422,000 (18,981) 281,981 685,000 (485,000) 200,000
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2022 2021
f f
Within one year 22,703 26,409
Between two and five years 31,084 51,614
In over five years 1,087 3,260
54,874 81,283

2022 2021
f f
Aggregate compensation 122,994 123,704

24 Cash generated
from operations		 Cash generated
from operations		 2022 2021
6 E
Surplus for the year 107,700 226,248
Adjustments
for:
Investment
income recognised		 in statement offinancial activities (1,785) (1,571)
Loss on disposal ofinvestments 9,362 460
Fair value gains and losses on investments (19,950) (28,695)
Depreciation
and impairment
oftangible fixed assets		 135,014 146,571
Movements
in working capital:
(increase)
in stocks		 (9,635)
(Increase)/decrease
in debtors		 (29,882) 5,924
Increase
in creditors		 8,792 79,578
Cash generated
from operations		 199,616 428,515
25 Analysis ofchanges in net funds
The Charity had no debt during the year.