#
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|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||
##
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||||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|
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||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|||
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|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|
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|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|
##
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||||||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||
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|||||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|
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|||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|
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|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|
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|||||||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|
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|||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|
##
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|||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|
##
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||||||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|
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|||||||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|
##
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##
|||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|
##
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|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.||||