2023-03-31-accounts - Stockport, East Cheshire, High Peak, Urmston & District Cerebral Palsy Society

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Financial Statements	Financial Statements
Forthe Year	Ended March 2023
Contents			Page
Combined Trustees' Annual Report		and Directors' Report	2-16
Independent	Auditor's report to the	Members	17-	21
Consolidated	Statement of Financial	Activities		22
Consolidated	and Charity Balance Sheets			23
Consolidated	and Charity Statement	of Cash Flows		24
Notes to the	Financial Statements		25-40

Charity	Number	Number	1009768
Company		Number	02683946
Princi pa	I	Office	Granville House, 20 Parsonage		Road, Heaton Moor, Stockport, SK4 4)Z
External		Auditors	Beever and Struthers,	Statutory	Auditors
			One Express, 1George	Leigh Street, Manchester,		M4 SDL
Bankers			Royal Bank ofScotland
			1Heaton Moor Road,	Heaton Chapel, Stockport		SK4 4LW
Solicitors			Slater Heelis Solicitors
			Oakland House, 2" Floor Suite		2, 34Washway Road, Sale, M33 6FS

The Trustees serving during the	year are as follows;
Chairperson	Rob Armstrong
Deputy Chairperson	Roy Dudley Southern	MBE
Board of Trustees Members	Natalie Hinchcliffe
	Nicole Guy
	Maria Repanos
	Mike Bailey
	Rory Alkin
	Helen Roberts

						Total	Total
				Unrestricted	Restricted	funds	funds
				funds	funds	2023	2022
			Note
Income from:
Donations and legacies			4	18,399	1,000	19,399	14,497
Other trading activities			5	14,422	-	14,422	22,251
Investments			6	9,267		9,287	131
Charitable activities			7	3,608,485	6,446	3,814,931	3,490,280
Total income				3,650,573	7,446	3,658,019	3,527,139
Expenditure on:
Raising funds			8	43,808		43,808	41,028
Charitable activities			9	3,525,533	25,015	3,550,548	3,199,047
Other			11	36,093	-	36,093	12,281
Total expenditure				3,605,434	25,015	3,630,449	3,252,356
Net gains on investments				9,849		9,849
Net income/(expenditure)		and net		54,968	(17,569)	37,419	274,783
movement in funds	for the year
Reconciliation ofFunds
Total funds brought	forward		20/21	2,477,939	227,258	2,705,197	2,430,414
Total funds carried forward			20/21	2,532,927	209,689	2,742,616	2,705,197

Consolidated and Cha	rity Balance	Sheets	as at 31 March 2023	as at 31 March 2023
			Group		Charity
		Note	2023 f	2022 f	2023f	2022f
Fixed Assets:
Tangible fixed assets		14	1,054,998	1,093,268	1,054,998	1,093,268
Investments		15	659,942		659,944	2
Total fixed assets			1,714,940	1,093,268	1,714,942	1,093,270
Current Assets:
Debtors		16	601,335	469,374	600,827	468,894
Cash at bank and in hand		28	950,468	1,693,290	946,913	1,689,707
Total current assets			1,551,803	2,162,664	1,547,740	2,158,601
Creditors:
Amounts falling due within one year		17	(524,127)	(550735)	(524 127)	(550,735)
Net current assets			1,027,676	1,611,929	1,023,613	1,607,866
Total assets less current liabilities			2,742,616	2,705,197	2,738,555	2,701,136
The funds ofthe charity:
Restricted income funds		20	209,689	227,258	209,689	227,258
Unrestricted Funds:
Designated income funds		20	2,543	2,543	2,543	2,543
Unrestricted income funds		20	2,509,540	2,454,552	2,505,479	2,450,491
Non-charitable trading	funds	20	20,844	20,844	20,844	20,844
Total unrestricted funds			2,532,927	2,477,939	2,528,866	2,473,878
Total charity funds			2,742,616	2,705,197	2,738,555	2,701,136

				Group	Group		Charity	Charity
				2023	2022		2023	2022
			Note	E	F		F	E
Cash provided by operating			27	(83835)	754	603	(83807)	754	603
activities
Cash flows from investing
activities
Interest income				4,420		131	4,420		131
Investment income				4,847			4,847
Withdrawal of investment	cash			(28,710)			(28,710)
Purchase oftangible fixed	assets			(18,161)	(35,097)		(18,161)	(35,097)
Proceeds from sale of investments				11,038			11,038
Purchase of investments				(632,421)			(632,421)
Cash (used in) investing activities				~658,987	~34,966		~858,987	~34,966
Change in cash and cash equivalents in the year				(742,822)	719,637		(742,794)	719,637
Cash and cash equivalents	at	the
beginning ofthe year				1,693,290	973,653		1,669,707	970,070
Cash and cash equivalents		at the
end ofthe year				950,468	1,693,290		946,913	1,689,707

Donations and legacies
	Unrestricted	Restricted	Total	Unrestricted	Funds
	Funds	Funds	Funds		2022
	2023	2023	2023
	f		E		f
Gifts and donations-Other	18,399		18,399		14,497
Grants		1,000	1,000
	18,399	1,000	19,399		14,497

Bank	Interest
Listed	Investments	Income

7. Incomin	g resources	from chari	table activ	ities
					Unrestricted		Restricted
					Funds		Funds
					2023		2023	2023
	Residential	Supported	Day	Community				TOTAL
	Services	Living	Services	Services
		6
Service fees	1,200,816	226,849	1,393,917	780,015	3,601,597			3,601,597
Contractual receipts, grants				6,888		6,888	6,446	13,334
	1,200,816	226,849	1,393,917	786,903	3,608,485		6,446	3,614,931
						Unrestricted		Restricted
							Funds	Funds	Total
	Residential	Supported	Day Services	Community			2022	2022	2022
	Services	Living		Services
	f	8		6					6
Service fees	1,171,469	204,969	1,202,293		780,046	3,358,777			3,358,777
Contractual
receipts grants					20,405		20,405	111,078	131,483
	1,171,459	204,969	1,202,293		800,451	3,379,182		111,078	3,490,260

Voluntary	income	costs
Investment	Costs

Analysis	ofcharitable	expenditure
		Activities
		Undertaken	Support	Governance	Total	Total
		Directly	Costs	Costs	2023	2022
		E	E	E	E	F
Residential	services	966,363	302,196	5,650	1,274,209	1,103,807
Supported	living services	182,397	75,020	1,146	258,563	212,774
Day services		892,225	309,217	5,350	1,206,792	1,010,917
Community	services	811,002	(3,615)	3,597	810,984	871,549
		2,851,987	682,818	15,743	3,550,548	3,199,047

10.	Analysis ofsupport costs	Analysis ofsupport costs	Analysis ofsupport costs	and governance	and governance	costs
						2023		2022
				General		Governance		General	Governance
				Support		Function E		Support f	Function 6
	Marketing 8			253,468				173,159
	administration
	Finance			109,062				99,522
	HR 8 Reorganisation			88,030				84,820
	Health 8 Safety			2,400				3,488
	Rent 8, Rates
	Heat 8 light							381
	Insurance			60,441				49,768
	Information	technology		90,790				85,712
	Depreciation			19,066				19,973
	Other			59,561				40,179
	Auditors remuneration						14,982		11,856
	Printing annual		review				648		924
	and accounts
	Trustees' Expenses						67		10
	Other						46		1,618
				682,818			15,743	557,002	14,408
	The allocation	of	support costs are detailed		in	Note	1,j.
11.	Other resources		expended
								Unrestricted	Unrestricted
								Funds	Funds
								2023	2022
								Z	E
	Provision for	rationalisation		costs				4,666
	Provision for	bad	debts					31,427	12,281
								36,093	12,281

The average	The average	monthly	monthly	head count was	135staff (2022: 137staff) and the average	135staff (2022: 137staff) and the average	number	of
full time equivalent			employees	including	casual and part time staff analysed	by function was
as follows:
					2023		2022
					No.		No.
Residential	services				24			24
Supported	living				6			5
Day services					27			27
Community	services				24			24
Administration		and support			12			11
					93			91

					2023	2022
						F
Operating	leases	-	Equipment		19,599	15,692
Depreciation					56,431	64,738
Auditor's	remuneration		(excluding	VAT)	14,982	9,880

14.	Tangible Fixed As	sets	sets
		Freehold
		property &			Fixtures	Computer	Motor
GROUP/CHARITY			Land 6		&fittings 6	equipment	vehicles f	Total
Cost
As at 1 April 2022 Additions Disposals As at 31 March 2023		1,123,338 1,123,338			580,014 13,948 593,962	417,202 4,213 421,415	115,597 - ~8,800 106,797	2,236,151 18,161 ~8,800 2,245,512
Depreciation
As at 1 April 2022 Charged in year Disposals As at 31 March 2023			181,735 22,467 204,202		500,013 18,789 518,802	345,538 15,175 360,713	115,597 - ~8,800 106,797	1,142,883 56,431 ~8,800 1,190,514
Net	book value
As	at 31 March 2023		919,136		75,160	60,702		1,054,998
As	at 31 March 2022		941,603		80,001	71,664		1,093,268
15.	Group and Charity	Investments						2023	2022
									E
	Quoted investments
	Market Value at 1 April		2022
	Additions						632,421
	Disposals						(11,038)
	Increase in cash						28,710
	Net investment gains							9,849
	Market Value as 31 March 2023						65q~2
	Unquoted investments
	Shares in subsidiary	undertaking		at	cost
	Total						659,944
	Historical cost of quoted		investments				622,100

15.Group and Charity	Investments	Investments	(continued)
					2023	2022
					E	F
Investments at market value			comprised:
UK bonds					75,976
Overseas bonds					71,910
UK equities					117,544
UK Property funds					28,264
Absolute return					65,548
Overseas equities	and funds				188,573
Commodities					35,143
Other investments					14,437
Global Investments					33,836
Cash					28,711
					659,942
Investments held	primarily	to provide an investment		return	659,942

Debtors
						Group		Charity
						2023	2022	2023	2022
							E	E	F
Trade debtors						380,016	270,483	380,016	270,483
Amounts	owed by subsidiary				undertaking			(508)	(480)
Prepayments		and accrued income				221,319	198,891	221,319	198,891
						601,335	469,374	600,827	468,894
Creditors: Amounts			falling due within one			year
						Group		Charity
						2023	2022	2023	2022
						E			F
Trade creditors						368,299	315,890	368,299	315,890
Accruals	and deferred			income		107,844	187,231	107,844	187,231
Taxation	and social		security			39,735	31,110	39,735	31,110
Other creditors						8,249	16,504	8,249	16,504
						524,127	550,735	524,127	550,735

the balanc		sheet date.
					Group	i Charity
					2023	2022
					E
Balance		as at 1 April 2022			78,869	78,869
Amount		released to income earned from charitable			(78,869)	(5,000)
activities
Amount		deferred in year			13,469	5,000
Balance		as at 31 March 2023			13,469	78,869
Group and Charity Financial Commitments
					2023	2022
Equipment					E
Total offuture minimum lease payments				under non-cancellable
operating Not	leases for each ofthe later than one year		following	periods:	14,071	15,889
Later than one year and not later than five years					11,944	19,459
					26,015	35,348
Total lease		payments recognised	in the accounts as an expense		19,599	15,692

			Funds at			Funds at
			1 April	Incoming	Resources	31 March
			2022	resources	expended	2023
			E	E	E
Equipment & Fittings fund			119,987		(7,097)	112,890
Peter Harrison Foundation		Fund		5,000	(5,000)
Support Cheddle Cheddle Total	for activities (Covid —staffing) Lodge benefit fund Lodge Legacies fund		105,846 1,425 227,258	2,446 7,446	(2,446) (10,187) ~285 ~25,015	95,659 1,140 209,689

				Funds at			Funds at
				1 April	Incoming	Resources	31 March
				2021 E	resources f	expended E	2022 E
Equipment		8 Fittings	fund	128,695		(8,708)	119,987
Support	for	activities	(Covid —staffing)		111,078	(111,078)
Cheddle Cheddle Total	Lodge benefit fund Lodge Legacies fund			116,342 1,781 246,818	111,078	(10,496) ~356 ~130,638	105,846 1,425 227,258

Description	Description	, nature and p	, nature and p	urpose	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, orfor the residents	ofthat
					property.
Peter Harrison			Foundation	Fund	Funds received towards the costs and the
					conduct ofthe Wheelers project.

				Funds at				Funds at
				1 April	Incoming	Resources	Gains on	31 March 2023
				2022	resources	expended	investments
					E
Designated		fund		2,543				2,543
Non-charitable			fund	20,844				20,844
General	fund			2,454,552	3,650,573	(3,505,434)	9,849	2,509,540
Total				2,477,939	3,650,573	(3,605,434)	9,849	2,532,927

Analysis	o	f u	nrestrict	ed fund move	ments —Pr	evious year
				Funds at			Funds at
				1 April	Incoming	Resources	31 March
				2021	resources	expended	2022
				E
Designated		fund		2,543			2,543
Non-charitable			fund	20,844			20,844
General	fund			2,160,209	3,416,061	~3,121,718	2,454,552
Total				2,183696	3,416,061	~3121718	2,477,939

Analysis ofGroup Net Asse	ts between F	unds —Current ye	ar
			Total
	Restricted	Unrestricted	Funds
	Funds	Funds	2023
Tangible fixed assets	164,268	890,730	1,054,998
Investments		659,942	659,942
Cash at bank and in-hand	45,421	905,047	950,468
Other net current assets		77,208	77,208
Net assets at 31 March 2023	209,689	2,532,927	2,742,616

us Attri	butable to	the Parent Charity
			2023	2022
				F
Surplus	attributable	to the parent charity	37,419	274,783

Reconciliation ofn	et movem	unds to netcash	flow from	operating activities	operating activities
		Group		Charity
		2023	2022	2023	2022
		F	E		E
Net Income for the period (as per the	reporting SOFA)	37,419	274,783	37,419	274,783
Adjustments for: Depreciation charges		56,431	64,740	56,431	64,740
Income shown in investment activities Decrease/(increase) in debtors Increase in creditors		(9,267) (131,961) (26,608)	(131) 284,634 130,577	(9,267) (131,933) (26,608)	(131) 284,634 130,577
Gains on investments		~9,849		~9,849
Net cash provided activities	by operating	~83,835	754,603	~83,807	754,607

8. Analysis ofch	anges in net	debt
Cash and cash equivalents	At 1 April 2022 E	Group Cash Flows E	At 31 March 2023	At 1 April 2022 F	Charity Cash Flows E	At 31 March 2023 F
Cash	1,693,290 1,693,290	742,822 742,822	950,468 950,468	1,669,707 1,689,707	742,794 742,794	946,913 946,913