|||Page|| |---|---|---|---| |Report ofthe Trustees|I|to|7| |Report ofthe Independent
Auditors|8|to|11| |Statement ofFinancial Activities||12|| |Balance Sheet||13|| |Cash Flow Statement||14|| |Notes to the Cash Flow Statement|||| |Notes to the Financial Statements|16|to|27| |Detailed Statement ofFinancial Activities||28|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||||Unrestricted|Total| ||||||funds|funds| |INCOME|AND ENDOWMENTS FROM|||Notes||f| |Charitable|activities|||||| |Residential
Domiciliary|care
care||||1,014,422
3,365,295|1,008,715
2,886,428| |Investment|income|||||1,375| |Total|||||4,379,718|3,896,518| |EXPENDITURE||ON||||| |Charitable|activity|care|cost||4,164,587|3,796,317| |NET INCOME|||||215,131|100,201| |RECONCILIATION|||OF FUNDS|||| |Total funds|brought|forvvard|||5,585,215|5,485,014| |TOTAL FUNDS CARRIED FORWARD|||||5,800,346|5,585,215| ## ||||Balance Sheet|Balance Sheet|||| |---|---|---|---|---|---|---|---| ||||31March 2023||||| ||||||2023||2022| ||||||Unrestricted||Total| ||||||funds||funds| ||||Notes||||| |FIXEDASSETS|||||||| |Tangible assets|||||6,486,639||4,898,546| |CURRENT ASSETS|||||||| |Debtom|||10||403,397||351,047| |Cash at bank|||||477,461||775,489| ||||||880,858||1,126,536| |CREDITORS|||||||| |Amounts
falling due within|one year||||(691,023)||(439,867)| |NET CURRENT ASSETS|||||189,835||686,669| |TOTAL ASSETSLESSCURRENT|||||||| |LIABILITIES|||||6,676,474||5,585,215| |CREDITORS|||||||| |Amounts
falling due after|more than one|year|12||(876,128)||| |NET ASSETS|||||5,800,346||5,585,215| |FUNDS|||15||||| |Unrestricted
funds|||||5,800,346||5,585,215| |TOTAL FUNDS|||||5,800,346||5,585,215| |The financial
statements
were approved
and were signed on its behalf by:||by the Board of Trustees||and authorised|- ll
for issue on .................,...„„.
...........||| ## ||||||Cash Flotv Statement||| |---|---|---|---|---|---|---|---| |||||for the|Year Ended 31 March|2023|| |||||||2023|2022| |||||Notes|||| |Cash flows from operating||activities|||||| |Cash generated
fi'om opeintions||||||384,187|221,276| |Net cash provided
by operating
activities||||||384,187|221,276| |Cash flows from investing||activities|||||| |Purchase oftangible
fixed assets
Sale oftangible fixed assets||||||(867,177)
234,800|(798,915)
150,000| |Net cash used in investing|activities|||||(632,377)|(648,915)| |Cash flows front financing||activities|||||| |Loan repayments
in year||||||(14,678)|| |Capital repayments
in year||||||(2,395)|| |Interest paid||||||(32,765)|| |Net cash (used in)/provided||by financing||activities||(49,838)|| |Change
in cash and cash equivalents|||in|the|||| |repoNng
period
Cash and cash equivalents||at the beginning||||(298,028)|(427,639)| |ofthe reporting
period||||||775,489|1,203,128| |Cash and cash equivalents||at the end|ofthe||||| |repotehtg
period||||||477,461|775,489| ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |Net income for the||reporting|period (as|per the Statement of|Financial||| |Activities)||||||215,131|100,201| |Adjustments|for:||||||| |Depreciation|charges|||||25,077|68,910| |Profit on disposal offixed assets||||||(11,697)|| |Interest paid||||||32,765|| |Incmase in dcbtota||||||(52,350)|(82,923)| |increase in creditom||||||175,261|135,088| |Net cash provided||by operations||||384,187|221,276| |ANALYSIS|OF CHANGES||IN NET FUNDS/(DEBT)||||| |||||||Other|| |||||||non-cash|| |||||At 1.4.22|Cash flow|changes|At 31.3.23| |Net cash|||||||| |Cash at bank||||775,489|(298,028)||477,461| |||||775,489|(298,028)||477,461| |Debt|||||||| |Finance leases|||||(449)|(91,868)|(92,317)| |Debts falling|due||||||| |within
I year|||||29,478|(99,561)|(70,083)| |Debts falling|due||||||| |atter
I year||||||(791,355)|(791,355)| ||||||29,029|(982,784)|(953,755)| |Total||||775,489|(268,999)|(982,784)|(476,294)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| |||||Activity|||f|| |Fees received for residential||||||||| |care
Fees for domiciliary||care||Residential
Domiciliary||care
can:|1,014,422
3,365,295|1,008,715
2,886,428| ||||||||4,379,717|3,895,143| |CHARITABLE ACTIVITY CARE COST||||||||| |Domiciliary|care costs|||||||| ||||||||2023|2022| |Staffcosts|||||||2,924,788|2,619,699| |Other costs|||||||245,279|204,364| |Depreciation|||||||17,352|14,863| |Interest payable
and||similar charges|||||25,229|| ||||||||3,212,648|2,838,926| |Residential|care costs|||||||| ||||||||2023|2022| |Staffcosts|||||||806,151|745,405| |Otfier costs|||||||142,224|157,939| |Depreciation
Loss on sate|ofassets||||||7,725
(11,697)|54,047| |Interest payable and similar charges|||||||7,536|| ||||||||951,939|957,391| |Aggregate
amounts|||||||4,164,587|3,796,317| |NET INCOME/(EXPENDITURE)||||||||| |Net income/(expenditure)|||is stated|atter charging/(crediting):||||| ||||||||2023|2022| |Depreciation|- owned|assets|||||19,270|68,910| |Depn:ciation|—assets|on hire purchase|||contracts|and finance leases|5,807|| |Suiplus on disposal offixed assets|||||||(11,697)|| |Loss/(profit)|on disposal|||||||8,701| ## ## ## ## ## ## |STAFF C||STS||||| |---|---|---|---|---|---|---| ||||||2023|2022| |Wages and||salmdes|||3,730,939|3,365,104| ||||||3,730,939|3,365,104| |The average||monthly|number ofemployees|during the year was as follows:||| ||||||2023|2022| |Chatttable|activities||||132|115| |Management||and adniinisnution|||12|8| ||||||144|123| |The number ofemployees
whose employee
benefits (exc|luding
employer
pension costs) exceeded 860,|000was:| |---|---|---| ||2023|2022| |f70,001 - 880,000|I|I| |6120,001 - 6130,000|I|I| ## ## |Cost type||| |---|---|---| ||2023|2022| |||8| |Payroll costs|470,380|488,475| |Other costs|338,902|248,472| |Depreciation
Sale ofassets|13,381|20,057
8701| ||822 663|~5705| |Allocation|ofsupport|costs 2023|Payroll|Other||Sale of|| |---|---|---|---|---|---|---|---| ||||costs|costs|Depreciation|Assets|Total| ||||8|||f|f.| |Domiciliaty|care||376,304|260,406|16,643||653,353| |Residential|care||94749i|78498|~3262||~16
10| ||||~40
80|33800|13 3131||822 663| |Allocation|ofsupport|costs 2022|Payroll|Other||Sale of|| ||||costs
f|costs|Depreciation|Assets|Total
f| |Domiciliary
Residential|care
care||390,780
~976 5|184,126
~346|14,863
5 194|8,701|598,470
~16 25| ||||4818475|~2484 2|~2005||~505| ## |TANGIBLE FIXEDASSETS||||| |---|---|---|---|---| |||Fixtures||| ||Freehold|and|Motor|| ||pi'0pelny|fittings|vehicles|Totals| ||8|f.||| |COST||||| |At I April 2022|4,875,873|109,557|106,839|5,092,269| |Additions|1,678,384|32,221|139,356|1,849,961| |Disposals|(215,753)||(41,275)|(257,028)| |At 31 March 2023|6,338,504|141,778|204,920|6,685,202| |DEPRECIATION||||| |At
1 April 2022|43,220|75,564|74,939|193,723| |Chatge for year||16,554|8,523|25,077| |Eliminated
on disposal|||(20,237)|(20,237)| |At 31 March 2023|43,220|92,118|63,225|198,563| |NET BOOK VALUE||||| |At 31 March 2023|6,295,284|49,660|141,695|6,486,639| |At 31 March 2022|4,832,653|33,993|31,900|4,898,546| ## |Comparable|historical c|ost for th|e land and buildings
included at valuatio|n:|| |---|---|---|---|---|---| |||||2023|2022| |Cost||||5,359,936|3,897,306| |Accumulated|depreciation|||317,072|317,072| |As at 31March 2023||||5,042,864|3,580,234| |This represents|properties|included|above at the following valuation.||| |||||2023|2022| |Revaluation||||6,338,502|4,875,873| |Accumulated|depreciation|||43,220|43,220| |As at 31March 2023||||6,295,282|4,832,653| ## ## ## |||||Motor| |---|---|---|---|---| |||||vehicles| |COST||||| |Additions||||139,356| |DEPRECIATION||||| |Charge for year||||5,807| |NET BOOK|VALUE|||| |At 31 March|2023|||133,549| |At 31 March|2022|||| |DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||| ||||2023|2022| |Tmde debtors|||386,594|341,741| |Other debtors|||5,178|9,306| |Prepayments|and accrued income||11,625|| ||||403,397|351,047| |CREDITORS: AMOUNTS||IrALLING DUE WITHIN ONE YEAR||| ||||2023|2022| ||||f|| |Bank loans and overdtutts(see||note 13)|70,083|| |Hire purchase|(see note 14)||7,544|| |Trade creditota
Social security
and other taxes
Other creditors
Accrued expenses|||154,535
62,224
11,476
385,161|59,523
56,914
1,348
322,082| ||||691,023|439,867| ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||||f.|| |Bank loans|(see note 13)|||791,355|| |Hiiv, purchase (see note 14)||||84,773|| |||||876,128|| |LOANS|||||| |An analysis|ofthe maturity|of|loans is given below:||| |||||2023|2022| |Amounts
falling due within||one year on demand:|||| |Bank loans||||70,083|| |Amounts
falling between
one|||and two years:||| |Bank loans|—1-2yeats|||70,560|| |Amounts
falling due between|||two and five yemm||| |Bank loans|-2-5 years|||229,441|| |Amounts
falling due in more than five yeaitu|||||| |Repayable|by instalments:||||| |Bank loans|more 5yr by instai|||491,354|| |Bank Loans|||||| ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |Net obligations
repayable:|||||| |Within one year
Between one and five years||||7,544
84,773|| |||||92,317|| |MOVEMENT IN FUNDS|||||| |||||Net|| |||||movement|At| ||||At 1.4.22|in funds|31.3.23| |||||f.|| |Unrestricted|funds||||| |Geneml
fund
Revaluation
reserve|||4,217,793
1,367,422|215,131|4,432,924
1,367,422| ||||5,585,215|215,131|5,800,346| |TOTAL FUNDS|||5,585,215|215,131|5,800,346| |Net movement|in funds, included|in the above are as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted|funds||||| |General fund|||4,379,718|(4,164,587)|215,131| |TOTAL FUNDS|||4,379,718|(4,164,587)|215,131| ## ## ## |Compara|tives|for movement
in fun|ds|||| |---|---|---|---|---|---|---| |||||Net|Transfeta|| |||||movement|between|At| ||||At 1.4.21|in funds|funds|31.3.22| |||||I|f.|I| |Unrestricted||funds||||| |General|fund||4,078,345|100,201|39,247|4,217,793| |Revaluation||reserve|1,406,669||(39,247)|1,367,422| ||||5,485,014|100,201||5,585,215| |TOTAL|FUNDS||5,485,014|100,201||5,585,2 15| |||Incoming|Resources|Movement| |---|---|---|---|---| |||fcsoul'ccs|expended|in funds| |||||f.| |Unrestricted|funds|||| |General fund||3,896,518|(3,796,317)|100,201| |TOTAL FUNDS||3,896,518|(3,796,317)|100,201| ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At 1.4.21|in funds|funds|31.3.23| |||f.|||| |Unrestricted|funds||||| |General fund||4,078,345|315,332|39,247|4,432,924| |Revaluation|reserve|1,406,669||(39,247)|1,367,422| |||5,485,014|315,332||5,800,346| |TOTAL FUNDS||5,485,014|315,332||5,800,346| ## ## ## ## ||||Incomtng|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||8,276,236|(7,960,904)|315,332| |TOTAL|FUNDS||8,276,236|(7,960,904)|315,332| ## ## ## ## ## ||||INDIVIDUAL CARE SERVICES||| |---|---|---|---|---|---| ||||Detailed Statement ofFinancial Activities||| ||||for the Year Ended 31March 2023||| |||||2023|2022| |INCOME AND ENDOWMENTS|||||| |Investment
income|||||| |Interest teceivable||||I|1,375| |Charitable
activities|||||| |Fees received for residential
Fees for domiciliary
care||care||1,014,422
3,365,295|1,008,715
2,886,428| |||||4,379,717|3,895,143| |Total incoming resources||||4,379,718|3,896,518| |EXPENDITURE|||||| |Doniiciliary care costs|||||| |Staffcosts
Other costs
Depreciation oftangible
Bank loan interest
Hiie purchase|fixed|assets||2,924,788
245,279
17,352
23,039
2,190|2,619,699
204,364
14,863| |||||3,212,648|2,838,926| |Residential
care costs|||||| |Staffcosts
Other costs
Depreciation oftangible
Profit on sale ofassets
Bank loan interest
Hire purchase|fixed|assets||806,151
142,224
7,725
(11,697)
6,882
654|745,405
157,939
54,047| |||||951,939|957,391| |Total resources expended||||4,164,587|3,796,317| |Net income||||215,131|100,201|