|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|| |9.|Analysis|ofcharitable|ofcharitable|expenditure|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|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|ent
in f|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|