##
|Contents||||Page|
|---|---|---|---|---|
|Combined
Trustees'
Annual
Report||and Directors'|Report|2 - 13|
|Financial
Review||||14-18|
|Independent|Auditors
report to the|Members||19-22|
|Consolidated|Statement
of Financial|Activities||23|
|Consolidated|and Charity Balance Sheets|||24|
|Consolidated|and Charity Statement|of Cash Flows||25|
|Notes to the|Financial Statements|||26-41|
##
##
|Charity Number|Charity Number|1009768|||||
|---|---|---|---|---|---|---|
|Company|Number|02683946|||||
|Principal|Office|Granville
House, 20 Parsonage|||Road, Heaton Moor, Stockport, SK44JZ||
|External|Auditors|Beever and Struthers,|Statutory||Auditors||
|||One Express, 1George|Leigh Street, Manchester,|||M4 SDL|
|Bankers||Royal Bank ofScotland|||||
|||1 Heaton Moor Road,|Heaton|Chapel, Stockport||SK44LW|
|Solicitors||Slater Heelis Solicitors|||||
|||Oakland
House, 2'~ Floor Suite|||2, 34Washway
Road, Sale, M33 6FS||
##
|Chairperson||Rob Armstrong||
|---|---|---|---|
|Deputy Chairperson||Roy Dudley-Southern|MBE|
|Executive Committee|Members|Natalie
Hinchcliffe||
|||Nicole Guy||
|||Maria Repanos||
|||Charlotte
Furnival —resigned 16.02.22||
|||Mike Bailey||
|||Rory Alkin||
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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|funds|funds|
|||||funds|funds|2022|2021|
||||Note|||||
|Income from:||||||||
|Donations
and legacies|||4|14,497||14,497|47,889|
|Other trading
activities|||5|22,251||22,251|10,484|
|Investments|||6|131||131|288|
|Charitable
activities|||7|3,379,182|111,078|3,490,250|3,599,019|
|Total income||||3,416061|111078|3 527 139|3757 68D|
|Expenditure
on:||||||||
|Raising funds|||8|41,028||41,028|58,808|
|Charitable
activities|||9|3,068,409|130,638|3,199,047|3,151,382|
|Other|||11|12,281|-|12,281|31,418|
|Total expenditure||||3 121718|130,638|3252 355|3241 508|
|Net income/(expenditure)||and net||294,343|(19,560)|274,783|515,072|
|movement
In funds|for the year|||||||
|Reconciliation
ofFunds||||||||
|Total funds brought|forward||20/21|2,183,596|246,818|2,430,414|1,914,342|
|Total funds canied forward|||20/21|2,477 939|227 258|2,7D5,197|2430,414|
##
|Consolidated
and|Cha|rity B|alance|Sheets|as at 31 March|as at 31 March|2022|||
|---|---|---|---|---|---|---|---|---|---|
||||||Group|||Charity||
|||||Note|2022
f||2021
f|2022
f|2021
f|
|Fixed Assets:||||||||||
|Tangible
fixed assets||||14|1,093,268|1,122,911||1,093,268|1,122,911|
|Investments||||15||||2|2|
|Total||fixed assets|||1 D93 268|1|122911|1 D93 270|1,122913|
|Current Assets:||||||||||
|Debtors||||16|469,374||754,008|468,894|753,526|
|Cash at bank and
in|hand|||28|1 693290||973653|1,689 707|97D070|
|7 t|1|t|Dt||2,162,664|1,727,661||2,158,6D1|1,723,596|
|Creditors:||||||||||
|Amounts
falling due|within one year|||17|(550,735)||(420,158)|(560,735)|(420,158)|
|Net current assets|||||1,611,929|1,307,503||1,607,866|1,303,438|
|Total assets less current liabilities|||||2 705 197|2|430,414|2,701 136|2 426 351|
|The funds ofthe charity:||||||||||
|Restricted
income funds||||20|227,258||246,818|227,258|246,818|
|Unrestricted
Funds;||||||||||
|Designated
income|funds|||20|2,543||2,543|2,543|2,543|
|Unrestricted
income|funds|||20|2,454,552|2,160,209||2,450,491|2,156,146|
|Non-charitable
trading||funds||20|2D 844||20,844|2D 844|2D 844|
|Total unrestricted
funds|||||2,477,939|2,183,596||2,473,878|2,179,533|
|Total charity funds|||||2 7D5 197|2|43D 414|2 701 136|2 426 351|
##
|||||Group|||Charity|||
|---|---|---|---|---|---|---|---|---|---|
|||||2022|2021|2022||2021||
||||Note|E|E|E||E||
|Cash provided
by operating|||27|754,603|350,669|754,603||350,668||
|activities||||||||||
|Cash flows from Investing||||||||||
|activities||||||||||
|Interest income||||131|288||131||288|
|Purchase
oftangible
fixed assets||||(35,097)|(36,318)|(35,097)||(36,318)||
|Cash (used in) investing
activities||||~34,966 ~36,030||~34|966 ~36||D3D|
|Change
in cash and cash||||||||||
|equivalents
in the year||||719,637|314,639|719,637||314,638||
|Cash and cash equivalents|at|the||||||||
|beginning
ofthe year||||973,653|659,014|970,070||655,432||
|Cash and cash equivalents||at the||||||||
|end ofthe year||||1 693290|973,693|1 639|7D7|97D|D7D|
##
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##
##
|ounting
Tangible|policies (continued)
fixed assets||||
|---|---|---|---|---|
|Individual|fixed assets costing|E500 or more are|capitalised|at cost and are depreciated|
|over their|estimated
useful economic lives as follows:||||
|A~tt:|t|Annual
Rate|and basis||
|Freehold|Land 8 Buildings|2% straight
line|||
|Fixtures,|Fittings 8 Equipment|20% reducing|balance||
|Computer|Equipment|20% reducing|balance||
|Motor Vehicles||25% straight|line||
##
##
##
##
##
##
##
|||2022|2021|
|---|---|---|---|
|Subsidiary|Balance Sheet|E|E|
|Current Assets||4066|4 066|
|Net Current|Assets|4066|4 066|
|Members'|Funds|4066|4,066|
##
|Donations
and legacies|||
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|Funds|
||2022|2021|
||E|E|
|Gifts and donations —Other|14,497|11,777|
|Grants||36112|
||14,497|47 889|
##
|Unrestricted|Unrestricted|
|---|---|
|Funds|Funds|
|2022|2021|
|E||
|22 261|10484|
|22,251|10,484|
##
|Unrestricted|Unrestricted|
|---|---|
|Funds|Funds|
|2022|2021|
|E|E|
|131|288|
|131|288|
##
##
|.
Incoming|resources|from char|itable
act|ivities|||||
|---|---|---|---|---|---|---|---|---|
||||||unrestricted||Restricted||
||||||Funds||Funds||
||||||2022||2022|2022|
||Residential|Supported|Day|Community||||TOTAL|
||Services|Living|Services|Services|||||
|||8|||||||
|Service fees|1,171,469|204,969|1,202,293|780,046|3,368,777|||3,368,777|
|Contractual
receipts, grants||||20,406||20,406|111,078|131,483|
||1 171469|204 969|1 202 293|800 461|3|379 182|111078|3490 260|
||||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Total|
||Residential|Supported|Day|Community|2021|2021|2021|
||Services
f|Living
F|Services
f|Services|F||f|
|Service fees|979,276|173,117|1,185,272|880,468|3,218,131||3,218,131|
|Contractual||||||||
|receipts|||83,628|297,328|380,956|99,932|480,888|
|grants||||||||
||979,276|173,117|1,268,900|1,177,794|3,599,087|99,932|3,699,019|
##
|Unrestricted|Unrestricted|
|---|---|
|Funds|Funds|
|2022f|2021
f|
|41 028|58 808|
|41,D28|58 DD8|
|9.|Analysis ofcharitable|Analysis ofcharitable|expenditure|expenditure|||||
|---|---|---|---|---|---|---|---|---|
|||||Activities|||||
|||||Undertaken|Support|Governance|Total|Total|
|||||Directly
F|Costsf|Costs
f|2022f|2021|
||Residential|services||869,050|229,796|4,961|1,103,807|1,049,282|
||Supported|living services||156,221|55,593|960|212,774|186,713|
||Day services|||790,615|215,744|4,558|1,010,917|1,033,996|
||Community|services||811,751|55,869|3,929|871,549|881,391|
|||||2,627,637|557,002|14,408|3,199,047|3,151,382|
##
|10.|Analysis
ofsupport costs and governance|Analysis
ofsupport costs and governance|Analysis
ofsupport costs and governance|costs||||
|---|---|---|---|---|---|---|---|
|||||2022||2021||
||||General|Governance||General|Governance|
||||Support|Function||Support|Function|
||||E|E||E|E|
||Marketing
&||173,159|||135,813||
||administration|||||||
||Finance||99,522|||120,476||
||HR &Reorganisation||84,820|||88,462||
||Health
&Safety||3,488|||4,333||
||Rent & Rates|||||47,712||
||Heat & light||381|||5,914||
||Insurance||49,768|||48,138||
||Information
technology||85,712|||84,880||
||Depreciation||19,973|||23,615||
||Other||40,179|||16,120||
||Auditors
remuneration|||11,856|||10,944|
||Printing
annual|review|||924||648|
||and accounts|||||||
||Trustees'
Expenses||||10|||
||Other|||1|618|||
||||557,002|14,408||575,463|11,592|
##
|Other resources expended|Other resources expended||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||Funds|Funds|
||||2022|2021|
||||E|E|
|Provision|for rationalisation|costs||15,344|
|Provision|for bad debts||12281|16 D74|
||||12281|31418|
##
|Staff costs|||
|---|---|---|
||2022|2021|
||E|E|
|Wages &salaries|2,070,460|2,234,907|
|Social security costs|140,488|145,702|
|Pension costs|52 D39|54 846|
||2 262,987|2 435 456|
##
##
##
|full time eq
as follows:|uivalent
employees
including
casual|and part time staff analysed
by|function
was|
|---|---|---|---|
|||2022|2021|
|||No.|No.|
|Residential|services|24|22|
|Supported|living|5|5|
|Day services||27|33|
|Community|services|24|27|
|Administration
and support||11|14|
|||91|101|
|Net income|/ (expenditure)
for|/ (expenditure)
for|the year|||
|---|---|---|---|---|---|
|This is stated|after|charging:||||
|||||2022|2021|
|||||E|E|
|Operating
leases||- Equipment||15,692|10,568|
|||- Buildings|||43,092|
|Depreciation||||64,738|62,177|
|Auditor's
remuneration
(excluding|||VAT)|9,880|9,300|
##
##
|14.|Tangible
Fixed As|sets||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Freehold||||||||
|||property|&|Fixtures|Computer|Motor||||
|GROUP/CHARITY||Land||&fittings|equipment|vehicles||Total||
|||E||E|E|E||||
|Cost||||||||||
|As|at 1 April 2021|1,123,338||546,713|413,406|169,359||2,254,816||
|Additions
Disposals||||31,301|3,796|~53,762|-
|35,097
~53762||
|As|at 31 March 2022|1 123338||58D 014|417202|115597||2 236 151||
|Depreciation||||||||||
|As|at 1 April 2021|159,266||475,656|327,622|169,359||1,131,905||
|Charged
in year
Disposals||22,467||24,357|17,916|~53,762|-
|64,740
~53 762||
|As|at 31 March 2022|181 735||600 013|345 538|115597||1 142 883||
|Net|book value|||||||||
|As|at 31 March 2022|941,603||BD,OD1|71 664|||1,093268||
|A|131 Ma
0 2021|964 D70||73 057|85 784|||1 122 911||
|ts.|Charity Investments|||||||||
||||||||2022||2021|
|||||||||E||
||Unquoted
investments|||||||||
||Shares
in subsidiary|undertaking||at cost||||||
||Total|||||||||
##
|Debtors||||||||
|---|---|---|---|---|---|---|---|
|||||Group||Charity||
|||||2022|2021|2022|2021|
|||||E|E|E|E|
|Trade debtors||||270,483|400,433|270,483|400,433|
|Amounts|owed by subsidiary||undertaking|||(480)|(482)|
|Prepayments||and accrued income||198 891|353575|198 891|353,575|
|||||469,374|754008|468,894|753526|
##
##
|||Group||Charity||
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E|E|E|E|
|Trade creditors||315,890|210,286|315,890|210,286|
|Accruals and deferred|income|187,231|174,509|187,231|174,509|
|Taxation and social security||31,110|28,426|31,110|28,426|
|Other creditors||16504|6937|16 5D4|6,937|
|||65D 735|420 158|550 735|420 158|
##
##
##
|the balanc|e sheet d|a|te.||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Group|ICharity||
|||||||||||||2022|2021||
|||||||||||||E|E||
|Balance|as at 1 April 2021|||||||||||78,869|13,769||
|Amount|released|to income||||earned|||from charitable|||(5,000)|(13,769)||
|activities|||||||||||||||
|Amount|deferred|in year||||||||||5 000|78,869||
|Balance|as at 31|March||2022||||||||78 869|70|069|
|Group and Charity|||Financial|||Commitments|||||||||
|||||||||||||2022|2021||
|||||||||||||E||E|
|Total offuture
minimum
lease||||||payments||||under non-cancellable|||||
|operating|leases for||each|of|the||following|||periods:|||||
|Not|later than||one year|||||||||15,889|6,453||
|Later than one|||year|and||not||later than five years||||19459|1|077|
|||||||||||||35348|0|330|
|7 t II|p 7|t||0|I||dt|th||t|p|16692|53|660|
##
##
|Analysis|ofCharitable
Funds|||||
|---|---|---|---|---|---|
|Analysis|of restricted
fund movements|—Current|year|||
|||Funds at|||Funds at|
|||1 April|Incoming|Resources|31 March|
|||2021|resources|expended|2022|
|||E||E|E|
|Equipment
& Fittings fund||128,695||(8,708)|119,987|
|Support
Cheddle
Cheddle
Total|for activities (Covid —staffing)
Lodge benefit fund
Lodge Legacies fund|116,342
1 781
246,818|111,078
111078|(111,078)
(10,496)
~356
~130,638|105,846
1,425
227258,|
##
|Analysis|o|f restricte|d
fund movement|s
—Previous|year|||
|---|---|---|---|---|---|---|---|
|||||Funds at|||Funds at|
|||||1 April|Incoming|Resources|31 March|
|||||2020
E|resources
E|expended
E|2021
f|
|Equipment||& Fittings|fund|139,412||(10,717)|128,695|
|Support|for|activities|(Covid —staffing)||99,932|(99,932)||
|Cheddle
Cheddle
Total|Lodge benefit fund
Lodge Legacies fund|||127,224
2 226
268,862|99,932|(10,882)
~445
~121,976|116,342
1 781
246,818|
##
|Description|Description|,
nature and purpose|ofthe restricted
funds|ofthe restricted
funds|ofthe restricted
funds|||
|---|---|---|---|---|---|---|---|
|Equipment||& Fittings fund|To purchase
various items ofequipment
and|||||
||||fittings funded
by grants and donations.|||||
|Support|for|activities|To provide various
activities across|our Day||and||
||||Locality services|||||
|Cheddle|Lodge benefit fund||Funds received as a donation
from|the||||
||||Overstone
Trust used for land acquisition||and|||
||||property
improvements
at Cheddle|Lodge|for||the|
||||benefit ofthe residents
at Cheddle|Lodge.||||
|Cheddle|Lodge Legacies fund||Funds received as a legacy for the|purposes|||of|
||||either maintaining
or improving
the|property||at||
||||Cheddle
Lodge, or for the residents|ofthat||||
||||property.|||||
##
##
|Analysis|o|f u|nrestricte|d
fund move|ments
—Cur|rent year||
|---|---|---|---|---|---|---|---|
|||||Funds at|||Funds at|
|||||1 April|Incoming|Resources|31 March|
|||||2021|resources|expended|2022|
|||||E|E|E|E|
|Designated||fund||2,543|||2,543|
|Non-charitable|||fund|20,644|||20,844|
|General|fund|||2160209|3416061|~312171~|2454,552|
|Total||||2,183596|3416061|~3121,778|2,477,939|
##
|Analysis|o|f u|nrestrict|ed
fund move|ments
—Pr|evious year||
|---|---|---|---|---|---|---|---|
|||||Funds at|||Funds at|
|||||1 April|Incoming|Resources|31 March|
|||||2020|resources|expended|2021|
|||||E|E|E|E|
|Designated||fund||2,543|||2,543|
|Non-charitable|||fund|20,844|||20,844|
|General|fund|||1,622,093|3657 748|~3179632|2,160,209|
|Total||||1,645 480|3 657,748|~3179632|2,183596|
##
|Analysi|s
o|fGroup|Net Asse|ts between
F|unds —Current ye|ar|
|---|---|---|---|---|---|---|
|||||||Total|
|||||Restricted|Unrestricted|Funds|
|||||Funds|Funds|2022|
|Tangible|fixed assets|||181,837|911,431|1,093,268|
|Cash at bank and in-hand
Other net current assets||||45,421|1,647,869
~81361|1,693,290
~81 361|
|N t|t9|t 31M|82D22|227258|2477 939|2,7D5 197|
|Notes to the Financial Stat|ements|for the year en|ded 31 March 2022 (continue|ded 31 March 2022 (continue|
|---|---|---|---|---|
|21.Analysis ofGroup Net|Assets|between
Funds|—Previous year (continued)||
|||||Total|
|||Restricted|Unrestricted|Funds|
|||Funds|Funds|2021|
|Tangible fixed assets||187,006|935,905|1,122,911|
|Cash at bank and in-hand||59,812|913,841|973,653|
|Other net current assets|||333850|33305D|
|8 1
1
331M|I 2021|246810|2 103,566|2 43D 414|
##
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##
##
##
|Reconciliation
of n|et movem|ent
in fu|nds to net cash|flow from|operating
activities|operating
activities|
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2022|2021|2022
f|2021
f|
|Net Income for the|reporting||||||
|period (as per the|SOFA)||274,783|516,072|274,783|516,072|
|Adjustments
for:|||||||
|Depreciation
charges|||64,740|62,177|64,740|62,177|
|Income shown
in investment||activities|(131)|(288)|(131)|(288)|
|Decrease/(increase)|in debtors||284,634|(369,058)|284,634|(369,059)|
|Increase
in creditors|||130,577|141 766|130,577|141 766|
|Net cash provided
activities|by operating||754 603|360 666|754 6D3|35D,665|
##
|||Group|||||Charity||
|---|---|---|---|---|---|---|---|---|
|Cash and cash|At 1 April|Cash Flows|At 31|March|At 1|April|Cash Flows|At 31 March|
|equivalents|2021|||2022||2021||2022|
||E|E|E||E||||
|Cash|973,653|719637|1,693,290||970070||719637|1 689,707|
||973653|719,637|1 693290||970070||719637|1 689707|