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|Trustees||Dr SBarratt|||
|---|---|---|---|---|
|||Mrs G Irons|||
|||Mr D Lockwood|||
|||Mr F Price|||
|||Mrs M Bourne|||
|||Mr R Boucher||{Appointed 23January|
|||||2023)|
|||Mrs A Wilson||(Resigned 21November|
|||||2022)|
|Secretary||Mrs C Forbes|||
|Charity number||1003230|||
|Company|number|2614194|||
|Registered|office|Laurel End|||
|||Laurel Avenue|||
|||Polesworth|||
|||Nr Tamworth|||
|||Staffordshire|||
|||B781LT|||
|Auditor||Burgis &Bullock|||
|||23-25Waterloo Place|||
|||Leamington|Spa||
|||Warwickshire|||
|||CV32 5LA|||
|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|12-15|
|Statement of|financial|activities|16-17|
|Balance sheet|||18|
|Statement of|cash flows||19|
|Notes to the financial||statements|20-36|
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|Description||Designated|funds|Expected|timing|
|---|---|---|---|---|---|
|Replacement
office|building|100,000||2023/24||
|(i) Amount of reserves|E4,515,467|
|---|---|
|(ii) Amount of any restricted funds||
|(iii) Amount of reserves fund that can only be|3,193,945|
|realised
by disposing oftangible fixed assets||
|(iv) Amount of reserves after making allowance|1,321,522|
|or ii) and iii) above||
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|Current financial|Current financial|year|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|Total|Total|
||||||funds|funds|||
||||||general|designated|||
||||||2023|2023|2023|2022|
|||||Notes|f|||f|
|Income and endowments|||from:||||||
|Donations
and|legacies||||61,630||61,630|159,378|
|Charitable
activities|||||3,599,133||3,599,133|3,435,183|
|Investments|||||5,173||5,173|1,7&5|
|Otherincome|||||2,287||2,287|8,884|
|Totalincome|||||3,668,223||3,668,223|3,605,230|
|Charitable
activities||||7|3,622,427||3,622,427|3,508,118|
|Total expenditure|||||3,622,427||3,622,427|3,508,118|
|Profit on disposal||offixed assets|||141,785||141,785||
|Net gains/(losses)||on investments|||(3,390)||(3,390)|10,588|
|Net incoming|resources||before transfers||184,191||184,191|107,700|
|Gross transfers|between||funds||100,000|(100,000)|||
|Net movement|in|funds|||284,191|(100,000)|184,191|107,700|
|Fund balances|at|1April|2022||4,131,276|200,000|4,331,276|4,223,576|
|Fund balances|at|31March 2023|||4,415,467|100,000|4,515,467|4,331,276|
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|Prior financial|year|year|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|Restricted|Total|
||||||funds|funds|funds||
||||||general|designated|||
||||||2022|2022|2022|2022|
|||||Notes|f|f|||
|Income and endowments|||from:||||||
|Donations
and|legacies||||37,906||121,472|159,378|
|Charitable
activities|||||3,435,183|||3,435,183|
|Investments|||||1,785|||1,785|
|Other income|||||8,184||700|8,884|
|Total income|||||3,483,058||122,172|3,605,230|
|Charitable
activities||||7|3,385,946||122,172|3,508,118|
|Total expenditure|||||3,385,946||122,172|3,508,11&|
|Net gains/(losses)||on investments|||10,588|||10,588|
|Net incoming|resources||before transfers||107,700|||107,700|
|Gross transfers|between||funds||485,000|(485,000)|||
|Net movement|in|funds|||592,700|(485,000)||107,700|
|Fund balances|at|1April|2021||3,538,576|685,000||4,223,576|
|Fund balances|at|31March 2022|||4,131,276|200,000||4,331,276|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|f|f|
|Fixed assets||||||
|Tangible assets|||13|3,193,945|3,045,420|
|Investments|||14|186,343|189,733|
|||||3,380,288|3,235,153|
|Current assets||||||
|Stocks|||15|11,891|9,635|
|Debtors|||16|326,977|346,679|
|Cash at bank and in||hand||940,224|941,642|
|||||1,279,092|1,297,956|
|Credit'ors: amounts||falling due within||||
|one year|||17|(143,913)|(201,833)|
|Net current|assets|||1,135,179|1,096,123|
|Total assets|less current liabilities|||4,515,467|4,331,276|
|Income funds||||||
|Unrestricted|funds -|eneral||||
|Designated|funds||20|100,000|200,000|
|General unrestricted||funds||4,415,467|4,131,276|
|||||4,515,467|4,331,276|
|||||4,515,467|4,331,276|
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|||||2023||2022|
|---|---|---|---|---|---|---|
||||Notes|||f|
|Cash flows from operating|activities||||||
|Cash generated
from operations|||26||140,240|199,616|
|Investing
activities|||||||
|Purchase oftangible fixed|assets|||(312,180)||(695,046)|
|Proceeds from disposal of|tangible|fixed|||||
|assets||||165,349||166|
|investment
income received||||5,173||1,785|
|Net cash used in investing|activities||||(141,658)|(693,095)|
|Net cash used in financing|activities||||||
|Net decrease in cash and cash equivalents|||||(1,418)|(493,479)|
|Cash and cash equivalents|at beginning||ofyear||941,642|1,435,121|
|Cash and cash equivalents|at end|ofyear|||940,224|941,642|
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|||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
|||funds|funds|funds||
|||general|general|||
|||2023|2022|2022|2022|
|||f|f|f|f|
|Donations|and gifts|42,363|37,906||37,906|
|COVID-19|support|14,851||121,472|121,472|
|Other grants||4,416||||
|||61,630|37,906|121,472|159,378|
##
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|3|Donations
and legacies|||(Continued)|
|---|---|---|---|---|
||Grants receivable for core activities||||
||Adult Social Care Infection Control funding|14,851|70,600|70,600|
||Coronavirus
related Statutory Sick Pay||6,773|6,773|
||Workforce Capacity||44,099|44,099|
||Other grants|4,416|||
|||19,267|121,472|121,472|
##
||||||Long stay|Short stay|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||services|services|2022|2022|
||||||2022|2022|||
||||||g||||
|Accommodation,|care|and|support|services|3,101,489|497,644|3,599,133|3,435,183|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2023|2022|
|f|f|
|5,173|1,785|
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||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds||
||||general|general|||
||||2023|2022|2022|2022|
||||f|f|f|f|
|Training and|insurance|income|||700|700|
|Contributions|to meals|and holidays|1,488|6,573||6,573|
|Solar panel income|||799|1,611||1,611|
||||2,287|8,184|700|8,884|
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||||Long stay|Short stay|Total|Long stay|Short stay|Total|
|---|---|---|---|---|---|---|---|---|
||||services|services|2023|services|services|2022|
||||2023|2023||2022|2022||
||||f|||f|f||
|Staff costs|||2,290,010|410,236|2,700,246|2,291,644|377,399|2,669,043|
|Depreciation|and||||||||
|impairment|||114,793|12,683|127,476|112,076|11,497|123,573|
|Food and household|||149,505|25,170|174,675|130,159|19,980|150,139|
|Daycare|||15,087|3,404|18,491|12,862|1,593|14,455|
|Premises|||126,405|28,948|155,353|95,517|30,524|126,041|
|Motor and travelling|||41,392|17,280|58,672|43,043|13,130|56,173|
|Miscellaneous|||30,166|8,760|38,926|21,625|5,662|27,287|
|Telephone|||2,611|1,071|3,682|1,913|1,266|3,179|
|Printing, stationery||and|||||||
|computer costs|||724|509|1,233|583|697|1,280|
|(Profit)/loss|on disposals||||||||
|offixed assets|||350||350||||
||||2,771,043|508,061|3,279,104|2,709,431|461,748|3,171,179|
|Share ofsupport costs|||||||||
|(see note 8)|||288,571|46,302|334,873|289,318|39,561|328,879|
|Share ofgovernance||costs|||||||
|(see note 8)|||7,282|1,168|8,450|7,090|970|8,060|
||||3,066,896|555,531|3,622,427|3,005,839|502,279|3,508,118|
|Analysis
by|fund||||||||
|Unrestricted|funds-||||||||
|general|||3,066,896|555,531|3,622,427|2,922,597|463,349|3,385,946|
|Restricted funds||||||83,242|38,930|122,172|
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|Support c|osts||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2023|2022|Basis ofallocation|
|||costs|costs||||
|||f|f||||
|Staff costs||219,330||219,330|212,448||
|Depreciation||12,615||12,615|11,441||
|Office costs||24,950||24,950|28,082||
|Premises||25,239||25,239|23,367||
|Motor and|travelling|6,539||6,539|7,551||
|Sundry||46,200||46,200|45,990||
|Audit fees|||5,348|5,348|5,102|Governance|
|Accountancy|||3,102|3,102|2,958|Governance|
|||334,873|8,450|343,323|336,939||
|Analysed
between|||||||
|Charitable|activities|334,873|8,450|343,323|336,939||
##
##
|The average|mon|thly
numb|er of employees
during the year wa|s:||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Number|Number|
|Accommodation,||care and|support staff|120|118|
|The Charity's|management||and administration|14|16|
|Total||||134|134|
##
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|10|Employees||(Continued)|
|---|---|---|---|
||Employment
costs|2023|2022|
|||f|f|
||Wages and salaries|2,636,548|2,619,188|
||Social security costs|224,565|207,082|
||Other pension costs|58,463|55,221|
|||2,919,576|2,881,491|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2023|2022|
||||f|f|
|Revaluation|of|investments|(3,583)|19,950|
|Gain/(loss)|on|sale of investments|193|(9,362)|
||||(3,390)|10,588|
##
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|Tangible fixe|d assets|||||||
|---|---|---|---|---|---|---|---|
||||Land and|Office|Fixtures, fittings|Motor vehicles|Total|
||||buildings|Equipment|&equipment|||
||||f|f|f|f||
|Cost||||||||
|At 1April 2022|||3,799,003|44,772|321,677|490,985|4,656,437|
|Additions|||181,898|570|109,899|19,813|312,180|
|Disposals|||(50,951)||(1,478)||(52,429)|
|At 31March|2023||3,929,950|45,342|430,098|510,798|4,916,188|
|Depreciation|and impairment|||||||
|At 1April 2022|||955,756|27,094|212,326|415,841|1,611,017|
|Depreciation|charged|in the year|60,911|7,550|52,718|18,912|140,091|
|Eliminated
in|respect|ofdisposals|(27,736)||(1,129)||(28,865)|
|At 31March|2023||988,931|34,644|263,915|434,753|1,722,243|
|Carrying amount||||||||
|At 31March|2023||2,941,019|10,698|166,183|76,045|3,193,945|
|At 31March|2022||2,843,247|17,678|109,351|75,144|3,045,420|
##
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||||Unlisted|Cash in|Total|
|---|---|---|---|---|---|
||||investments|portfolio||
||||f|||
||Cost or valuation|||||
||At 1April 2022||180,879|8,854|189,733|
||Valuation
changes||(3,289)||(3,289)|
||Realised gain/(loss)|in the year|193||193|
||Management
fees|net ofinterest||(294)|(294)|
||Disposals||(5,824)|5,824||
||At 31March 2023||171,959|14,384|186,343|
||Carrying amount|||||
||At 31March 2023||171,959|14,384|186,343|
||At 31March 2022||180,879|8,854|189,733|
|15|Stocks|||||
|||||2023|2022|
|||||f||
||Finished goods and|goods for resale||11,891|9,635|
##
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##
|16|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
||Amounts
falling due||within one year:|f|f|
||Trade debtors|||139,083|66,369|
||Prepayments|and accrued income||187,894|280,310|
|||||326,977|346,679|
|17|Creditors: amounts
falling due within one year|||||
|||||2023|2022|
|||||f||
||Other taxation|and social security||45,144|76,123|
||Other creditors|||60,398|48,366|
||Accruals and deferred||income|38,371|77,344|
|||||143,913|201,833|
##
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|||Movement|in funds||Movement||
|---|---|---|---|---|---|---|
||||||in funds||
||Balance at|Incoming|Resources|Balance at|Incoming|Balance at|
||1April 2021|resources|expended|1April 2022|resources|S1March ZOZS|
||f|||f|f|f|
|Adult Social Care|||||||
|Infection Control Funding||70,600|(70,600)||||
|Coronavirus
related|||||||
|Statutory Sick Pay||6,773|(6,773)||||
|Workforce Capacity||44,099|(44,099)||||
|Skills for Care training||700|(700)||||
|||122,172|(122,172)||||
##
|||||Balance at|Transfers|Balance at|Transfers|Balance at|
|---|---|---|---|---|---|---|---|---|
|||||1April 2021||1April 2022||S1March 202$|
|||||f||f|f|f|
|Replacement||residential|care home|435,000|(435,000)||||
|Supported|living property|||250,000|(250,000)||||
|Renovations||of planned|residential||||||
|care home|||||100,000|100,000|(100,000)||
|Replacement||office|||100,000|100,000||100,000|
|||||685,000|(485,000)|200,000|(100,000)|100,000|
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||2023|2022|
|---|---|---|
||f|f|
|Within one year|23,968|22,703|
|Between two and five years|60,702|31,084|
|ln over five years|51,263|1,087|
||135,933|54,874|
##
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|||||2023|2022|
|---|---|---|---|---|---|
|||||f|f|
||Aggregate
compensation|||129,010|122,994|
|26|Cash generated
from operations|||2023|2022|
||||||f|
||Surplus for t:he year|||184,191|107,700|
||Adjustments
for:|||||
||Investment
income recognised
in statement||offinancial activities|(5,173)|(1,785)|
||Gain on disposal oftangible
fixed assets|||(141,785)||
||(Gain)/loss
on disposal ofinvestments|||(193)|9,362|
||Fair value gains and losses on investments|||3,583|(19,950)|
||Depreciation
and impairment
oftangible|fixed assets||140,091|135,014|
||Movements
in working capital:|||||
||(Increase)
in stocks|||(2,256)|(9,635)|
||Decrease/(increase)
in debtors|||19,702|(29,882)|
||(Decrease)/increase
in creditors|||(57,920)|8,792|
||Cash generated
from operations|||140,240|199,616|
|27|Analysis ofchanges in net funds|||||
||The Charity
had no debt during the year.|||||