Registered number: 02420393 Charity number: 1007781 COMMUNITY CARE TRUST SOUTH WEST (A COMPANY LIMITED BY GUARANTEE) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Bishop Fleming
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI CONTENTS Page Reference and administrative details of the Charity, its Trustees and advisers Trustees. report ststement of financial activities Balance sheet Notes to the financial ststements 6-11
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 Trustees Mr P Cawthron Mr R Gofton Mr D Hawes Mr M Lambert Mr C Pallot Mrs S Sutherland Mr M Taylor Mr R Williams Company reglstered number 02420393 Charity reglstered number 1007781 Reglstered offlce 2nd Floor Slralus House Emperor Way Exeter Business Park Exeter Devon EX13QS Chlef executlve offlcer Mrs E Rainsford (until 18 July 20221 Mr A Stark Ilnterim 18 July 2022 to 23 January 20231 Mr B Greaves (From 23 January 20231 Accountants Bishop Fleming LLP Chartered Accountants 2nd Floor Slralus House Emperor Way Exeter Business Park Exeter EX13QS Page 1
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Trustees present their annual report for the year 1 April 2022 to 31 March 2023. The accounts have been prepared on a dormant basis with no transactions occuring in the year. structure, governance and management Community Care Trust Isouth Westl Limited is registered as a charitable company limited by guarantee. The memorandum and articles of association establish the objects and powers of the company and the governance arrangements. The company became a subsidiary of St Loye's Foundation in 2015, and in 2016 St Loye's Foundation changed ils name lo Slep One Charity to provide a new trading name for the group. Slep One Charity is a company limited by guarantee and is registered as a charity with the Charity Commission (No. 2354341. Slep One controls 750/0 of the voting rights of CCT and is a corporate member of CCT with the right lo nominate a trustee for the CCT Board. CCT also has the right lo nominate a member to the company Board. The Boards have agreed lo joint meetings whilst retaining separate prosseS as required for ststulory adminislralive purposes. At ils most recent Annual General Meeting held on 21 September 2021, the trustees of CCT agreed lo the transfer of all assets and liabilities from CCT lo ils parent company Slep One Charity resulting in a meryer of both charities lo be under the single name of Step One Charity. This transfer has now taken effect with the completion date being 31 March 2022. STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees Iwho are also the directors of the Company for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally ACpted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees musl not approve the financial statements unless they are satisfied that they give a true and fair view of the stste of affairs of the Company and of its incoming resour$ and application of resources, including ils income and expenditure, for that period. In preparing these financial slalemenls, the Trustees are required lo.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent", slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy al any time the financial position of the Company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each of the persons who are Trustees al the time when this Trustees's report is approved has confirmed that.. so far as that Trustee is aware, there is no relevant information of which the charitys auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order lo be aware of any relevant audit information 8nd to establish that the charity's auditors are aware of that information. Page 2
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Approved by order of the members of the board of Trustees and signed on their behalf by.. £, js.ty Mrs Sutherland Chair of Trustees Dale.. Page 3
COMMUNITY CARE TRUST (SOUTH WEST) LIMITED (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER:02420393
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
| Total Funds 2023 Income from: Note Donations and legacies 3 - Charitable activities 4 - Total Income - Expenditure on: Charitable activities - Transfer of net assets to Step One - Total Expenditure - Net movement in funds - Reconciliton of funds: Total funds brought forward - Net movement in funds - Total funds carried forward - |
Total Funds 2022 1,039 103,283 |
|---|---|
| 1,904,322 | |
| 2,213,701 632,619 |
|
| 2,846,320 | |
| (941,998) | |
| 941,998 (941,998) |
|
| - |
The Statement of Financial Activities includes all gains and losses recognised in the year.
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COMMUNITY CARE TRUST (SOUTH WEST) LIMITED (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER:02420393
BALANCE SHEET AS AT 31 MARCH 2023
| Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds Unrestricted funds Total funds |
- | 2023 £ - - - - - - - - - - |
2023 £ - - - - - - - - - - |
2022 £ - |
|---|---|---|---|---|
| - | - | |||
| - - |
- - |
|||
| - | - | |||
| - | - | |||
| - - |
- - |
|||
| - | - |
The Charity was entitled to exemption from audit under section 480 of the Companies Act 2006.
The Trustee acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities
subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustee on and signed on their behalf by:
Mrs Sue Sutherland
Date:
Page 5
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 General infomiation Community Care Trust (South Westl Limited is registered as a charitable company limited by guarantee and was set up by a MemoradLJm of Association on 6 Septebmer 1989. the charity's registered number is 1007781 and the regsitered office is Slralus House, Exeter Business Park, Emperor Way, Exeler, EX1 3QS. Accounting policies 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities". Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Community Care Trust South Wesl meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recnISed al historical cost or transaction value unless otherwise ststed in the relevant accounts'ng policy. 2.2 INCOME All income is recognised once the Charity has entillemenl to the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. The recnitIon of income from legacies is dependent on establishing entitlement, the probability of reIpt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them Ilhrough knowledge of the existence of a valid will and the death of the benefaclorl and the executor is satisfied that the propety in question will not be required to satisfy claims in the estate. Receipt of a legacy musl be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount lo be distributed to the Charity, can be reliably measured. 2.3 EXPENDITURE Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that aclivily. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on direcuy undertaking the activities which further the Charity's objectives, as well as any associated support costs. Page 6
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Income from donations and legacies Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Total funds 2022 Donations Legacies 74 965 TOTAL 2023 1,039 TOTAL 2022 74 965 1,039 Income from charitable activities Unrestrieted funds 2023 Total funds 2023 Total funds 2022 Contracts and Grants Local Authority- Housing Support 1,815,058 88,225 TOTAL 2023 1,903,283 Analysis of expendituro by activities ActivitlOS undertakon directly 2023 Support costs 2023 Total funds 2023 Total funds 2022 Community Care Trust 2,213,701 TOTAL 2022 1,721,759 491,942 2,213,701 Page 7
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Anatysis of expenditure by activities Icontinuedl Analysis of direct costs Total funds 2023 Total funds 2022 Activities 2023 Stsff costs Rehabilitstion expenses 1,585,364 136,395 TOTAL 2023 1,721,759 Analysis of support costs Total funds 2023 Total funds 2022 Activities 2023 Support costs Premises eosts 201,975 199,986 70,692 19,289 Adminislralion costs Governance TOTAL 2023 491,942 staff costs 2023 2022 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 1,449,050 111,234 25,079 1,585,363 Page 8
COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Stsff costs Icontinuedl The average number of persons employed by the Charity during the year was as follows.. 2023 2022 Management Community servIs 76 78 No employee received remuneration amounting to more than £60,000 in either year. The totsl amount of employee benefits received by key management personnel for their services was £NIL12022.. £18,378) Trustees. remuneration and expenses During the year, no Trustees reiVed any remuneration or other benefils12022 - £NILI. During the year ended 31 March 2023, no Trustee expenses have been incurred12022 - £NILI. Page 9
COMMUNITY CARE TRUST (SOUTH WEST) LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
8. Statement of funds
| Statement of funds - current year | |||
|---|---|---|---|
| Balance at 1 April 2022 |
Income £ Expenditure £ |
Balance at 31 March 2023 |
|
| UNRESTRICTED FUNDS | |||
| General Funds | - | - - | - |
| RESTRICTED FUNDS | |||
| South Devon Community Housing | - | - - | - |
| Cypress Legacy | - | - - | - |
| TOTAL OF FUNDS | - | - - | - |
| Restricted Funds |
South Devon Community Housing
This represents funds received from the South Devon Community Housing Society to provide to people aged over 16 in South Devon
Cypress Legacy
For funding of nursing and patient care at Cypress Hospital.
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COMMUNITY CARE TRUST SOUTH WEST IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ststement of funds Icontinuedl ststement of funds - prior year Balance at 31 March 2022 Balance at 1 April 2021 Income Expenditure UNRESTRICTED FUNDS General Funds 788,051 1,903,357 12,691,408) RESTRICTED FUNDS South Devon Community Housing Cypress Legacy 56,747 97,200 156,7471 198,1651 965 153,947 965 1154,9121 TOTAL OF FUNDS 941,998 1,904,322 12,846,320) Related party transactions During the year, the company paid a rental charge of £Nil 12022.. £100,000) to Slep One Charity, the parent company. Al the year end, a balance of £nil12022.. £Nill was owed to CCT by Step One. 10. Transfer to Step One Charity On 31 March 2022 all assets, liabilities and activities of the Trust were transferred to Slep One Charity- The total balance of assets transferred was £632,619, consisting of £832,452 debtors due within one year, £160 cash al bank and in hand, and £199,993 Creditors due within one year. Page11