| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details | I | to | 2 |
| Report ofthe Trustees | 3 | to | 9 | |
| Report ofthe Independent Auditors |
10 | to | 13 | |
| Statement ofFinancial Activities | 14 | |||
| Statement ofFinancial Position | ||||
| Statement ofCash Flows | 16 | |||
| Notes to the Statement ofCash | Flows | 17 | ||
| Notes to the Financial Statements | 18 | to | 29 | |
| Detailed Statement ofFinancial | Activities | 30 | to | 31 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | fund | fund f |
funds | fundsf | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
3 | 16,486 | 16,486 | 30,307 | ||
| Charitable activities Investment income |
4 5 |
2,230,596 3,914 |
49,996 | 2,280,592 3,914 |
2,916,174 26,279 |
|
| Total | 2,250 996 | 49996 | 2,300992 | ~2972,760 | ||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Other trading activities | 6 | 17,234 | 17,234 | 123 | ||
| 17,234 | 17.234 | 123 | ||||
| Charitable activities |
||||||
| Residential care Independent living |
1,046,666 148,105 |
1,046.666 148.105 |
1,131,147 119,322 |
|||
| Supported living Community projects Mental health awareness Administration costs |
297,100 12,077 66,273 362,333 |
49,996 | 297.100 12.077 66,273 412.329 |
242,044 6,392 9,063 403,928 |
||
| Total | ~1949788 | 49,996 | ~1,999 784 | 1,912,019 | ||
| NET INCOME | 301,208 | 30I408 | 1,060,741 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
4,525,766 | 3,438 | 4,529404 | 3,468,463 | ||
| TOTAL FUNDS CARRIED FORWARD | 4,826,974 | 3,438 | ~4830412 | ~4529 204 |
| ~CC | ~CC | ||||
|---|---|---|---|---|---|
| Statement ofFinancial Position | |||||
| 2~22122 2 |
|||||
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| FIXEDASSETS | Notes | C | f. | ||
| Tangible assets investments |
15 16 |
3,110,398 I |
3,110,398 1 |
2,894,395 1 |
|
| 3,110,399 | 3,110,399 | 2,894,396 | |||
| CURRENT ASSETS | |||||
| Debtors Investments Cash at bank |
17 18 |
54,022 325,115 1,486,003 |
3,438 | 54,022 325,115 1,489,441 |
30,597 326,201 ~1,413 316 |
| 1,865,140 | 3,438 | 1,868,578 | 1,770,114 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
19 | (148,565) | (148.565) | (135,306) | |
| NET CURRENT ASSETS | 1,716,575 | 3,438 | 1,720.013 | 1,634,808 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 4,826,974 | 3,438 | 4,830,412 | 4,529,204 | |
| NET ASSETS | 4,826,974 | 3,438 | 4,830,412 | ~4,529204 | |
| FUNDS | 20 | ||||
| Unrestricted funds Restricted funds |
4,826,974 3,438 |
4,525,766 ~3438 |
|||
| TOTAL FUNDS | 4 830,412 | 4,529,204 |
| for the Year Ende | d 304 ril 2022 | |||
|---|---|---|---|---|
| Notes | 2022f | 2021f | ||
| Cash flows from operatiag | activities | |||
| Cash generated from operations |
353,675 | 840,739 | ||
| Net cash provided by operating activities |
~353 675 | 840 739 | ||
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets Interest received |
(285,000) 7,450 |
2,389 | ||
| Net cash (used in)/provided | by investing | activities | ~277 550) | ~2389 |
| Change ia cash and cash equivalents | in | |||
| the reporting period Cash and cash equivalents |
at tbe | 76,125 | 843,128 | |
| beginning ofthe reporting |
period | ~1,413 316 | 570,188 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
1,489,441 | 1,413316 |
| Notes to the Statement ofCash Flows for thc Year Ended 30A ril 2022 RECONCILIATION OFNET INCOME TO NET CASH FLOW FROM ACTIVITIES |
OPERATING | |
|---|---|---|
| Nct income for the reporting period (as per the Statement ofFinancial |
2022 | 2021f |
| Activities) Adjustments for: |
301,208 | 1,060,741 |
| Depreciation charges Losses/(gain) on investments Interest received Tangible assets transferred from MHR (Increase)/decrease in debtors Increase in creditors |
68,997 3,536 (7,450) (23,425) ~10809 |
65,124 (23,889) (2,389) (426,930) 38,668 129,414 |
| Net cash provided by operations |
353,675 | 840,739 |
| ANALYSIS OF CHANGES IN NET FUNDS | ||
| At 1.5.21 f |
Cash flow | At 30.4.22 f |
| Net cash | ||
| Cash at bank ~1413,316 |
~76 125 | ~1489,441 |
| ~14 I3,316 | ~76 125 | ~1489,441 |
| Liquid resources | ||
| Deposits included in cash Current asset investments ~326 201 |
~1,086) | 325,115 |
| ~326201 | ~1,086 | ~325 115 |
| Total 1,739,517 |
~75 039 | ~1814,556 |
| 3. | believe the actual value ofland and buildings to be in exces DONATIONS AND LEGACIES |
s ofthe amounts included in the finan |
cial statement |
|---|---|---|---|
| 2022 | 2021 | ||
| Donations | f 16486 |
f ~30 307 |
|
| CHARITABLE ACTIVITIES | |||
| 2022 | 2021 | ||
| Assets transferred from MHR Charitable activities Sales - Kitchen Table Other income |
2, 181,180 46,611 52 801 |
935,262 1,927,410 287 53,215 |
|
| 2 280 592 | 2 916174 | ||
| 5. | INVESTMENT INCOME | ||
| 2022 | 2021f | ||
| Deposit account interest Change in market value ofinvestments |
7,450 ~3536) |
2,389 ~23 890 |
|
| ~39 4 | ~26 279 | ||
| 6. | OTHER TRADING ACTIVITIES | ||
| 2022f | 2021f | ||
| Purchases - Kitchen Table | 17,234 | 123 |
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Direct | Support | ||
| Costs (see | costs (see | ||
| Residential care Independent living Supported living Community projects Mental health awareness Administration costs |
note 8) f 1,046,666 148,105 297,100 12,077 66,273 ~49996 |
note 9) f 362,333 |
Totals f. 1,046,666 148,105 297,100 12,077 66,273 412,329 |
| 1,620217 | 362,333 | 1,982,550 | |
| DIRECI' COSTS OF CHARITABLE ACTIVITIES | |||
| 2022f | 2021 | ||
| Staff costs Grant expenditure Utilities &office costs Stafftraining Residents' social costs Special projects and associated costs Depreciation |
1,099,345 49,996 64,257 17,167 224,645 105,203 59604 |
1,079,568 64,135 53,668 21,370 226,770 94,252 53,904 |
|
| 1,620 217 | ~1593,667 |
| SUPPORT COSTS | SUPPORT COSTS | ||||
|---|---|---|---|---|---|
| Other | |||||
| General | administration | Governance | |||
| administration f |
costs f |
costs | Totals | ||
| Administration | costs | 327,497 | 5,830 | 29,006 | 362 333 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Administration | Total | |||
| costs | activities | |||
| f | f | |||
| Salanes & | wages | 225,278 | 202,699 | |
| Employer's | social security | 15,719 | 17,884 | |
| Employefs | pension | contributions | 13,924 | 13,975 |
| Household | &community | 6,323 | 4,619 | |
| Operational | support | 2,160 | 2,472 | |
| Property costs &utilities | 21,302 | 20,394 | ||
| Motor &travel | 8,959 | 7,129 | ||
| Advertising | &office services | 21,156 | 13,219 | |
| Stafftraining &welfare | ~3249 | ~3220 | ||
| Carried forward | 318,0/0 | 285,611 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Admini tration |
Total | ||||
| costs | activities | ||||
| Brought forward Sundry expenses Depreciation oftangible |
and heritage assets | 318,070 34 9,393 |
285,611 3,557 ~ll 220 |
||
| ~327497 | 300,388 | ||||
| Other administration | costs | ||||
| 2022 | 2021 | ||||
| Administration | Total | ||||
| costs | activities | ||||
| General administration Community and merger Pension to founder |
&other events |
4,398 1,432 |
f 4,637 (205) 1,121 |
||
| 5,830 | 5,553 | ||||
| Governance costs |
|||||
| 2022 | 2021 | ||||
| Administration | Total | ||||
| costs | activities | ||||
| Auditors' remuneration Chief executive &other governance Consultancy and legal fees |
costs | 5,589 14,921 ~8496 |
5,474 1,107 ~5707 |
||
| ~29 006 | ~12 288 | ||||
| 10. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated | atter charging/(crediting): | |||
| 2022 | 2021 | ||||
| f | f | ||||
| Depreciation - owned assets |
68,997 | ~65 124 |
| No trustee incurred o STAFF COSTS |
r were reimbur | sed for |
any ex | penses in the year. |
||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f. | ||||||
| Wages and salaries Social security costs Other pension costs |
1,210,458 83,761 60047 |
1,165,956 87,903 ~60267 |
||||
| 1,354266 | 1,314 126 | |||||
| The average monthly | number ofemployees | during | the year was as follows: | |||
| 2022 | 2021 | |||||
| Management | 5 | 5 | ||||
| Administration and maintenance Care and support staff |
37 | 9 37 |
||||
| Mental health awareness |
1 | 1 | ||||
| 5c | 52 | |||||
| No employees received emoluments |
in excess off60,000. | |||||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||
| fund f. |
fund f. |
fundsf | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
21,057 | 9"50 | 30,307 | |||
| Charitable activities Investment income |
2,861,039 ~26 279 |
55,135 | 2,916,174 26,279 |
|||
| Total | 2,908,375 | 64.385 | 2,972.760 | |||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Other trading activities | 123 | 123 | ||||
| 123 | 123 |
| ~cc Notes to the Financial Statements -continued for the Year Ended 30 A ril 2022 |
~cc Notes to the Financial Statements -continued for the Year Ended 30 A ril 2022 |
~cc Notes to the Financial Statements -continued for the Year Ended 30 A ril 2022 |
||||
|---|---|---|---|---|---|---|
| 14. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | ||||
| Unrestricted | Restricted | Total | ||||
| fund f |
fund | funds | ||||
| Charitable activities |
||||||
| Residential care Independent living Supported living Community projects Mental health awareness Administration costs |
1,131,147 119,322 242,044 6,392 9,063 339793 |
64 135 | 1,131,147 119,322 242,044 6,392 9,063 403,928 |
|||
| Total | ~1,847 884 | 64,135 | ~19I2,019 | |||
| NET INCOME | 1,060,491 | 250 | 1,060,741 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 3,465,275 | 3.188 | 3,468,463 | ||
| TOTAL FUNDS CARRIED FORWARD | ~4525,766 | 3.438 | ~4529,204 | |||
| 15. | TANGIBLE FIXED | ASSETS | ||||
| Freehold | Plant and | Motor | ||||
| property | machinery | vehicles | Totals | |||
| f | ||||||
| COST | ||||||
| At 1 May 2021 Additions |
3,590,996 ~285 000 |
16,235 | 30,882 | 3,638,113 ~285 000 |
||
| At 30April 2022 | 3,875,996 | 16,235 | 30,882 | 3,923,113 | ||
| DEPRECIATION | ||||||
| At I May 2021 | 703,897 | 13,721 | 26,100 | 743,718 | ||
| Charge for year | 67,173 | 628 | 1,196 | 68 997 | ||
| At 30April 2022 | ~771 070 | 14,349 | 27,296 | 812,715 | ||
| NET BOOK VALUE | ||||||
| At 30April 2022 | ~3104,926 | 1,886 | 3,586 | ~3,110398 | ||
| At 30 April 2021 | ~2887 099 | ~2514 | ~4782 | ~2894,395 |
| Shares | in | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| group | ||||||||||||
| undertakings | ||||||||||||
| MARKET VALUE | ||||||||||||
| At 1 May 2021 and 30April |
2022 | |||||||||||
| NET BOOK VALUE | ||||||||||||
| At 30April 2022 | ||||||||||||
| I | ||||||||||||
| At 30 April 2021 | ||||||||||||
| 1 | ||||||||||||
| There were no investment | assets | outside the UK. | ||||||||||
| The company's investments |
at the balance sheet date in | the share capital ofcompanies | include the following: | |||||||||
| Crossways Community |
Enterprises | Limited | ||||||||||
| Registered oAice: Administration Building, Nature ofbusiness: Dormant company |
8 Culverden | Park Road, Tunbridge | Wells, Kent | TN4 9QX | ||||||||
| Class ofshare: | holding | |||||||||||
| Ordinary | 100 | |||||||||||
| 2022 | 2021 | |||||||||||
| Aggregate capital and reserves |
1 | g | 1 | |||||||||
| 17. | DEBTORS:AMOUNTS | FALLING | DUE WITHIN ONE YEAR | |||||||||
| 2022 | 2021 | |||||||||||
| Trade debtors Prepayments |
39,1'rg 14,844 |
18,074 12,523 |
||||||||||
| ~54 022 | ~30 597 | |||||||||||
| 18. | CURRENT ASSET INVESTMENTS | |||||||||||
| 2022 | 2021 | |||||||||||
| Unlisted investments |
3 3113 | 326,261 |
| 19. | CREDITORS: AMOUNTS | F | ALLING DUE WITHIN ON | E YEAR | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Trade creditors Other creditors Accrued expenses |
f. 124,975 18,002 ~5588 |
f 92,733 36,187 6386 |
||||
| 148,565 | ~135306 | |||||
| 20. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| Unrestricted funds |
At 1.5.21 f, |
in funds f |
30.4.22 | |||
| General fund |
4,525,766 | 301,208 | 4,826,974 | |||
| Restricted funds |
||||||
| Restricted funds |
3,438 | 3,438 | ||||
| TOTAL FUNDS | ~4529,204 | 301,238 | 4,830 412 | |||
| Net movement in funds, included |
in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| Unrestricted funds |
resources f |
expended | in funds f. |
|||
| General fund |
2,250,996 | (1,949,788) | 301,208 | |||
| Restricted funds |
||||||
| Restricted funds |
49,996 | (49,996) | ||||
| TOTAL FUNDS | ||||||
| Comparatives for movement |
in | funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.5.20 | in funds | 30.4.21 | ||||
| f | f | |||||
| Unrestricted funds |
||||||
| General fund |
3,465,275 | 1,060,491 | 4,525,766 | |||
| Restricted funds |
||||||
| Restricted funds |
3,188 | 250 | 3,438 | |||
| TOTAL FUNDS | ~3,468 463 | ~1060,741 | ~4529,204 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| Unrestricted funds |
resources | expended f |
in funds f |
| General fund |
2,908,375 | (1,847,884) | 1,060,491 |
| Restricted funds |
|||
| Restricted funds |
64,385 | (64,135) | 250 |
| TOTAL FUNDS | 2,972,760 | ~1,912,019) | 1,060 741 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| Unrestricted funds |
At 1.5.20 f |
in funds | 30.4.22 f |
| General fund |
3,465,275 | 1,361,699 | 4,826,974 |
| Restricted funds |
|||
| Restricted funds |
3,188 | 250 | 3,438 |
| TOTAL FUNDS | ~3468,463 | 1,361 949 | 4 830,412 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| Unrestricted funds |
resources f |
expended f |
in funds f |
| General fund |
5,159,371 | (3,797,672) | 1,361,699 |
| Restricted funds |
|||
| Restricted funds |
114,381 | (114,131) | 250 |
| TOTAL FUNDS | ~5273,752 | ~3,911803 | ~1361949 |
| Detailed Statement ofF for the Year Ended |
inancial Activities 30A ril 2022 |
|
|---|---|---|
| 2022f | 2021f | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | ||
| 16,486 | 30,307 | |
| Charitable activities |
||
| Assets transferred from MHR Charitable activities Sales - Kitchen Table Other income |
2,181,180 46,611 |
935,262 1,927,410 287 |
| 52,801 | 53215 | |
| 2,280,592 | 2,916,174 | |
| Investment income |
||
| Deposit account interest Change in market value ofinvestments |
7,450 ~3.536) |
2,389 ~23 890 |
| ~3914 | 26,279 | |
| Total incoming resources |
2,300,992 | 2,972,760 |
| EXPENDITURE | ||
| Other trading activities |
||
| Purchases | 17,234 | 123 |
| Charitable activities |
||
| Salaries &wages Employer's social security Employer's pension contributions Grant expenditure Utilities &office costs Stafftraining Residents' social costs Special projects and associated costs Depreciation oftangible fixed assets |
985,180 68,042 46,123 49,996 64,257 17,167 224,645 105103 59,604 |
963,257 70,019 46,292 64,135 53,668 21,370 226,770 94,252 ~53904 |
| 1,620,217 | 1,593,667 | |
| Support costs | ||
| General administratioa | ||
| Salaries &wages | 225,278 | 202,699 |
| Employer's social security |
15,'119 | 17,884 |
| Employer's pension contributions |
13,924 | 13,975 |
| Household &.community |
6,323 | 4,619 |
| Operational support Property costs &utilities |
2,160 21,302 |
2,472 20,394 |
| Motor &travel Advertising &office services |
8,959 21,156 |
7,129 13,219 |
| Carried forward | 314,821 | 282,391 |
| ~CC | ||||
|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||
| for the Year Ended 30A ril 2022 | ||||
| 2022 | 2021 | |||
| General administration | ||||
| Brought forward Stafftraining &welfare Sundry expenses Depreciation oftangible |
and heritage | assets | 314,821 1249 34 9,393 |
282,391 3,220 3,557 11220 |
| 327,497 | 300,388 | |||
| Other administration | costs | |||
| General administration Community and merger Pension to founder |
&other events |
4,398 1,432 |
4,637 (205) |
|
| 1 121 | ||||
| 5,830 | 5,553 | |||
| Governance costs |
||||
| Auditors' remuneration Chief executive &other governance Consultancy and legal fees |
costs | 5,589 14.921 8.496 |
5,474 1,107 5,707 |
|
| ~29006 | ~12288 | |||
| Total resources expended | ~1,999 784 | ~1,912 019 | ||
| Net income | 301.208 | ~1060,741 |