2022-03-31-accounts - New Directions (Rugby) Limited

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		Page
Report ofthe Trustees	1	to	8
Report ofthe Independent Auditors	9	to	11
Statement ofFinancial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	25

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				25,225	38,156	63,381	10,598
Charitable activities
Residential Care				1,019,469		1,019,469	1,056,660
Supported Living Respite Care Community Choices Rental Income	Network			2,659/52 200,916 261,038 899,206		2,659,352 200,916 261,038 899,206	2,567,540 212,316 174,059 812,850
Central Activities							3,870
Investment income				29		29	365
Total				5,065,235	38,156	5,103/91	4,838,258
EXPENDITURE ON
Charitable activities
Residential Care				670,8$0	5,927	676,807	775,040
Supported Living Respite Care Community Choices Network Rental Income				2,25$,078 153,115 222331 768,902	2,618 41$ 310	2,260,696 153,533 222,641 76$,902	2,211,400 133,265 130,567 698,438
Central Activities				533,099	5,193	538,292	512,120
Total				4,606,405	14,466	4,620,871	4,460„830
NET INCOME				458,830	23,690	4$2,520	377,428
RECONCILIATION	OF FUNDS
Total funds brought	forward			3,175,978	39,578	3,215,556	2,$38,12$
TOTAL FUNDS CARRIED FORWARD				3,634,$08	63,268	3,698,076	3,215,556

BALANCE SHEET 31STMARCH 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes			5
FIXEDASSETS
Tangible assets	1I	2,86$,245	28,955	2,897,200	2,846,559
CURRENT ASSETS
Debtors	12	539,637		539,637	612,909
Cash at bank and in hand		1,025,533	34,313	1,059,846	937,798
		1,565,170	34813	1,599,483	1,550,707
CREDITORS
Amounts falling due within one year	13	(269,810)		(269,810)	(287,410)
NET CURRENT ASSETS		1,295,360	34,313	1429,673	1,263,297
TOTAL ASSETSLESS CURRENT
LIABILITIES		4,163,605	63,268	4,226,873	4,109,856
CREDITORS
Amounts falling due aller more than one year	14	(528,797)		(528,797)	(894,300)
NET ASSETS		3,634,808	63,268	3,698,076	3,215,556
FUNDS	18
Unrestricted funds				3,634,$08	3,175,978
Restricted funds				63,268	39,578
TOTAL FUNDS				3,698,076	3,215,556

					2022	2021
				Notes
Cash flows from operating		activities
Cash generated (rom operations					586,182	341,760
Interest paid					(21,668)	(33,979)
Net cash provided by operating activities					564,514	307,781
Cash flows from investing		activities
Purchase oftangible fixed	assets				(79,156)	(28,971)
Saleoftangible fixed assets						6,416
Interest received					29	365
Net cash used in investing	activities				(79,127)	(22,190)
Cash flows from financing		activities
Loan repayments in year					(363,339)	(54,200)
Net cash used in financing	activities				(363839)	(54,200)
Change in cash and cash equivalents			in
the reporting period					122,048	231,391
Cash and cash equivalents		at the
beginning ofthe reporting		period			937,798	706,407
Cash and cash equivalents		at the end	of
the reporting period					1,059,846	937,798

S TO THE CASH FLOW STATEMENT THE YEAR ENDED 31STMARCH 2022	S TO THE CASH FLOW STATEMENT THE YEAR ENDED 31STMARCH 2022	S TO THE CASH FLOW STATEMENT THE YEAR ENDED 31STMARCH 2022	S TO THE CASH FLOW STATEMENT THE YEAR ENDED 31STMARCH 2022	S TO THE CASH FLOW STATEMENT THE YEAR ENDED 31STMARCH 2022
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM					OPERATING ACTIVITIES
					2022	2021
Net income	for the	reporting		period (as per the Statement ofFinancial
Activities)					482,520	377,428
Adjustments	for:
Depreciation	charges				2$,515	26,549
Interest received					(29)	(365)
Interest paid					21,668	33,979
Decrease/(increase)		in debtors			73272	(145,629)
(Decrease)/increase		in creditors			(19,764)	49,798
Net cash provided		by operations			586,182	341,760
ANALYSIS	OF CHANGES IN NET (DEBT)/FUNDS
				At 1.4.21	Cash flow	At31.3.22
Net cash
Cash at bank	and in	hand		937,798	122,048	1,059,846
				937,798	122,048	1,059,846
Debt
Debts falling	due within		1 year	(54,200)	(2,164)	(56,364)
Debts falling	due after 1		year	(894400)	365,503	(528,797)
				(948,500)	363,339	(585,161)
Total				(10,702)	485,387	474,685

DONATIONS AND	L	EGAC	IES
					2022	2021
						5
Donations					63,3$1	10,598
INVESTMENT INCOME
					2022	2021
					f,
Deposit account interest					29	365
INCOME FROM CHARITABLE ACTIVITIES
					2022	2021
			Activity
Residential services			Residential	Care	991,896	1,003,180
Grants			Residential	Care	27i573	53,480
Home care/Supported	living		Supported	Living	29592471	2,488,884
Grants			Supported	Living	66,981	78,656
Respite care			Respite Care		184,287	188,688
Grants			Respite Care		16,629	23,628
Day opportunities			Community	Choices Network	251,691	141,290
Grants			Community	Choices Network	9,347	32,769
Rental income			Rental Income		899,206	812,850
Grants			Central Activities			3,870
					5,039,981	4,827,295
Grants received, included		in the	above, are	as follows:
					2022	2021
Job retention scheme					6,922	59,612
Workforce Development		Fund			1,600	3,870
Infection Control Fund					58%251	116,496
Rapid Flow Testing Fund					12,243	5,129
Workforce Capacity Fund						7,296
Workforce Recruitment	&Retention				41,514
					120,530	192,403

CHARITABLE ACTIVITIES COSTS
		Direct
		Costs (see
		note 6)
Residential Care		676,807
Supported Living		2,260,696
Respite Care		153,533
Community Choices Network		222,641
Rental Income		768,902
Cennul Activities		538,292
		4,620,871
DIRECT COSTSOF CHARITABLE ACTIVITIES
	2022	2021
Staffcosts	3,665,707	3,486,828
Rent	460,251	417,374
Rates and water	22,107	26,460
Insurance	26,371	22,661
Light and heat	42,141	47,108
Repairs and maintenance	93,093	98,041
Advertising and marketing	24,894	10,822
Telephone	36,036	28,173
Other office expenses	27,605	34,148
Food and household	34,886	31,123
Nursing and hygiene	12,836	11,677
Activities and materials	6,811	9,609
Residents costs	367	1,276
Technology costs	47,630	81,408
Motor and travelling	18,210	13,986
Visitor pod		25,313
Registration fees	4,090	4,017
Staff training	5,161	25,714
StaffDBSand medical	2,838	3,039
Governance costs and training	2,576	2,650
Legal and professional	22,286	3,694
HR support	9,392	9,481
Auditors remuneration	5,400	5,700
Depreciation	28,515	26,549
Interest payable and similar charges	21,668	33,979
	4,620,871	4,460,830

			2022	2021
Depreciation	-	owned assets	28,515	30,738
Other operating		leases	460,251	417,374

STAFFCOST	S
					2022	2021
					8
Wages and salaries					3355,173	3,188,481
Social security	costs				245,487	235,819
Other pension costs					65,047	62,528
					3,665,707	3,486,828
The average monthly		number ofemployees	during	the year was as follows:
					2022	2021
Senior managers					3	3
Care managers					4	4
Administrative	staff				7	7
Support staff					112	118
					126	132

The num	b	er ofemployees whose employee benefits	(excluding employer pension costs) exceeded	560,000 w
			2022	2021
f60,001	-	f70,000		1
f70,001	-	580,000

			2022	2021
				a
Senior managers			184,960	184,522
Care managers			191,588	183,342
Administrative	staff		199,741	182,458
Support stafF			2,860,432	2,864,744
Agency and subcontract		stafF	228,986	71,762
			3,665,707	3,486,828

COMPARATIVES		FOR THK STATEMENT OF FI	NANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			f		6
INCOME AND ENDOWMENTS FROM
Donations and legacies				10,598	10,598
Charitable activities
Residential Care			1,056,660		1,056,660
Supported Living			2,567,540		2,567,540
Respite Care			212,316		212,316
Community Choices		Network	174,059		174,059
Rental Income			812,850		812,850
Central Activities			3,870		3,870
Investment income			365		365
Total			4,827,660	10,598	4,838,258
EXPENDITURE ON
Charitable activities
Residential Care			748,496	26,544	775,040
Supported Living			2,210,703	697	2,211,400
Respite Care			133,265		133,265
Community Choices	Network		130,567		130,567
Rental Income			698,438		698,438
Central Activities			503,446	8,674	512,120
Total			4,424,915	35,915	4,460,830
NET INCOME/(EXPENDITURE)			402,745	(25,317)	377,428
Transfers between	funds		(21,410)	21,410
Net movement in funds			381,335	(3,907)	377,428
RECONCILIATION		OF FUNDS
Total funds brought		forward	2,794,643	43,485	2,838,128

FOR	THE YEAR ENDED 31STMAR	CH 2022	CH 2022
10.	COMPARATIVES FORTHE	STATEMENT OF FINANCIAL		ACTIVITIES	- continued
				Unrestricted	Restricted	Total
				funds	funds	funds
				I
	TOTAL FUNDS CARRIED FORWARD			3,175,978	39,578	3,215,556
11.	TANGIBLE FIXEDASSETS
				Fixtures
		Freehold	Short	slid	Motor
		property f	leasehold	fittings	vehicles f.	Totals g
	COST
	At 1stApril 2021	2,775,012	44,025	75,877	41,854	2,936,768
	Additions	48,030		11,126	20,000	79,156
	At 31stMarch 2022	2,823,042	44,025	87,003	61,854	3,015,924
	DEPRECIATION
	At 1stApril 2021		25,527	37P22	27,360	90,209
	Charge for year		4,439	18,537	5,539	28,515
	At 31stMarch 2022		29,966	55,859	32,899	118,724
	NET BOOK VALUE
	At 31stMarch 2022	2,823,042	14,059	31,144	28,955	2,897,200
	At 31stMarch 2021	2,775,012	18,498	38,555	14,494	2,846,559
12.	DKBTORSt AMOUNTS FALLING DUE WITHIN ONK YEAR
					2022	2021
	Trade debtors				419,011	509,229
	Other debtors				34,317	25,089
	Prepayments and accrued income				86@09	78,591
					539,637	612,909

				2022	2021
Bank loans and overdrafts (see note 15)				56,364	54,200
Trade creditors				35,011	21,280
Social security and other	taxes			64,469	60,227
Other creditors				3,513	2,477
Pension contributions				12,953	11,652
Accrued expenses				97,500	137,574
				269,810	287,410
CREDITORS: AMOUNTS		FALLING DUE AFTER		MORE THAN ONE YEAR
				2022	2021
Bank loans (see note 15)				528,797	894,300
LOANS
An analysis ofthe maturity ofloans is given below:
				2022	2021
				f	f
Amounts falling due within one year on demand:
Bank loans				56364	54,200
Amounts falling between	one	and two years:
Bank loans - 1-2years				56,364	54,200
Amounts falling due between		two and five years:
Bank loans - 2-5 years				169,092	162,600
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal				303441	677,500
LEASING AGREEMENTS
Minimum lease payments	under non-cancellable		operating	leases fall due as follows:
				2022	2021
Within one year				425,297	448,485
Between one and five years				1,193,134	1,383,833
In more than five years				575,425	798,625
				2,193,856	2,630,943

		2022	2021
Bank	loans	585,161	948,500

MOVEMENT IN	FUNDS
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
Unrestricted funds
General fund			2,767,909	458,830	3,226,739
Development and Maintenance		Fund	265,508		265,508
COVID recovery fund			142,561		142,561
			3,175,978	458,830	3,634,808
Restricted funds
Transport Fund			5,288	(4,693)	595
Day Opportunities	Fund		5,242	(310)	4,932
Respite Fund			975	212	1,187
Communal Assets Fund			4,788		4,788
Hardship Benevolent Fund			10,165	1,486	11,651
Poppy Place Fund Vehicle fund			13,120	30,343 (3,748)	30,343 9472
Queens Court Fund				400	400
			39,578	23,690	63,268
TOTAL FUNDS			3,215,556	482,520	3,698,076

					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds
General fund					5,065,235	(4,606,405)	458,830
Restricted funds
Transport Fund						(4,693)	(4,693)
Day Opportunities	Fund					(310)	(310)
Respite Fund					630	(418)	212
Hardship Benevolent		Fund			1,986	(500)	1,486
Poppy Place Fund					32,522	(2,179)	30/43
Vehicle fund						(3,748)	(3,748)
Queens Court Fund					3,018	(2,618)	400
					38,156	(14,466)	23,690
TOTAL FUNDS					5,103,391	(4,620,871)	482,520
Comparatives for	movement		in funds
					Net	Transfers
					movement	between	At
				At 1.4.20	in funds	funds	31.3.21
						f.
Unrestricted funds
General fund				2,529,135	260,184	(21,410)	2,767,909
Development and Maintenance			Fund	265,508			265,508
COVID recovery fund					142,561		142,561
				2,794,643	402,745	(21,410)	3,175,978
Restricted funds
Transport Fund				5,632	(6,760)	6,416	5,288
Residential Gardening		Fund		11,341	(538)	(10,803)
Day Opportunities Fund				5,033	209		5,242
Respite Fund				845	130		975
Communal Assets Fund				5,335	(547)		4,788
Hardship Benevolent		Fund		12,972	1,427	(4,234)	10,165
Poppy Place Fund Vehicle fund				2,327	(17,364) (1,874)	15,037 14,994	13,120
				43,485	(25,317)	21,410	39,578
TOTALFUNDS				2,838,128	377,428		3,215,556

			Incoming	Resources	Movement
			resources	expended E	in funds f
Unrestricted funds
General fund			4,685,099	(4,424,915)	260,184
COVID recovery	fund		142,561		142,561
			4,827,660	(4,424,915)	402,745
Restricted funds
Transport Fund			40	(6,800)	(6,760)
Residential Gardening		Fund		(538)	(538)
Day Opportunities	Fund		209		209
Respite Fund			130		130
Communal Assets	Fund		100	(647)	(547)
Hardship Benevolent		Fund	1,477	(50)	1,427
Poppy Place Fund			8,642	(26,006)	(17,364)
Vehicle fund				(1,874)	(1,874)
			10,598	(35,915)	(25,317)
TOTAL FUNDS			4,838,258	(4,460,830)	377,428