2023-03-31-accounts

Patron					G Naylor MB	ChB, FRCS(ED), FRCOPHTH	ChB, FRCS(ED), FRCOPHTH
Trustees					Joy Killip
					Pat Lord
					Joseph Bannister
					Beverley Ganity
					Michael Steel
					David Wyatt
					Terry Wright
Chair					Joseph Bannister
Vice Chair					Beverley Garrity
Chief Executive			and Company		Ruth Lambert
Secretary
Charity	number				1009955
Social landlord			number		L4005
Company		number			02698040
Principal	address			and Registered	Bosworth Place
Office					Squires Gate
					Blackpool
					Lancashire
					FY4 1SH
Auditor					Champion Accountants		LLP
					Unit 2, Olympic Court
					Boardmans Way
					Whitehills Business Park
					Blackpool
					Lancashire
					FY4 5GU
Bankers					HSBC Bank	Pic
					1 Newhouse	Road
					Oxford Square
					Blackpool
					Lancashire
					FY44YH

	Barclays Bank Pic
	1 Birley Street
	Blackpool
	Lancashire
	FY1 1DX
Solicitors	Wilsons Solicitors
	Alexandra House
	StJohns Street
	Salisbury
	SP1 2SB

		Page
Trustees' report		1-15
Independent auditor's	report	16 - 19
Statement offinancial	activities	20
Balance sheet		21
Statement ofcash flows		22
Notes to the financial	statements	23 - 41

				Unrestricted	Resbicted	Total	Unrestricted	Restdicted	Total
				funds	funds		funds	funds
				2023	2023	2023	2022	2022	2022
			Notes	6	6	6	6	6	6
									as restated
Income and endowments			from:
Donations and legacies			2	103,868	51,117	154,985	97,809	158,833	256,642
Charitable activities			4	1,254,049	76,866	1,330,915	1,098,451	49,055	1,147,506
Other trading activities			5	165,569		165,569	134,900		134,900
Investments			8	24,631		24,631	25,163		25,163
Other income			6	11,389		11,389	3,126		3,126
Total income				1,559,506	127,983	1,687,489	1,359,449	207,888	1,567,337
Expenditure on:
Raising funds			7	147,911		147,911	137,625		137,625
Charitable activities			9	1,428,713	172,404	1,601,117	1,347,611	201,676	1,549,287
Total expenditure				1,576,624	172,404	1,749,028	1,485,236	201,676	1,686,912
Net losses on
investments			14	(84,774)		(84,774)	(38,607)		(38,607)
Net expenditure and movement in funds				(101,892)	(44,421)	(146,313)	(164,394)	6,212	(158,182)
Reconciliation	offunds:
Fund balances	at	1April	2022	1,678,650	1,238,110	2,916,760	1,843,044	1,231,898	3,074,942
Fund balances	at 31 March
2023				1,576,758	1,193,689	2,770,447	1,678,650	1,238,110	2,916,760

					2023		2022
							as restated
				Notes			8
Fixed assets
Tangible assets				16		1,388,296		1,393,408
Current assets
Stocks				17	6,300		6,492
Debtors				18	222,385		141,898
Investments				20	1,195,857		1,365,784
Cash at bank	and in	hand			78,231		207,163
					1,502,773		1,721,337
Creditors: amounts		falling due within		21
one year					120,622		197,985
Net current assets						1,382,151		1,523,352
Total assets	less current liabilities					2,770,447		2,916,760
The funds ofthe charity
Restricted income funds				22		1,193,689		1,238,110
Unrestricted	funds -	general				1,491,815		1,593,707
Unrestricted	funds -	revaluation	reserve			84,943		84,943
						2,770,447		2,916,760

				2023		2022
			Notes	6		6
Cash flows from operating		activities
Cash absorbed by operations			29		(214,280)		(106,328)
Investing	activities
Purchase	oftangible fixed assets			(24,436)		(21,282)
Purchase	ofinvestments			(358,909)		(293,575)
Proceeds	from disposal of investments			444,062		379,616
Investment	income received			24,631		25,163
Net cash activities	generated from investing				85,348		89,922
Net cash	used in financing	activities
Net decrease in cash and		cash equivalents			(128,932)		(16,406)
Cash and	cash equivalents	at beginning	ofyear		207,163		223,569
Cash and	cash equivalents	at end of	year		78,231		207,163

4	Charitable activiti	es
			Princess	Caregivers at	Low Vision	Total	Total
			Alexandra	Home	Centre	2023	2022
			Horny	2		E	s
	Safe ofgoods				95,618	95,618	90,758
	Services provided	under contract		162,100		162,100	156,307
	Performance related grants				76,866	76,866	53,427
	Chariitable rental income		996,331			996,331	846,745
	Other income						269
			996,331	162,100	172,484	1,330,915	1,147,506
	Analysis by fund
	Unrestricted funds		996,331	162,100	95,618	1,254,049
	Restricted funds				76,866	76,866
			996,331	162,100	172,484	1,330,915
	For the year ended 31 March 2022
	Unrestricted funds		851,386	156,307	90,758		1,098,451
	Restricted funds				49,055		49,055
			851,386	156,307	139,813		1,147,506
5	Other trading activities
						2023	2022
	Fundraising events					198	58
	Shop income					165,371	134,842
	Other trading activities					165,569	134,900
6	Other income
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
						F	5
	Sundry income					11,389	3,126

7	Expenditure	on r	aising funds
				Unrestricted	Unrestricted
				funds	funds
				2023	2022
				6	6
	Fundralsing	and	publicity
	Other fundraising		costs	10,746	9,984
	Stalf costs			12,582	4,804
	Support costs			5,687	5,234
				29,015	20,022
	Trading costs
	Operating charity		shops	56,884	56,128
	Staff costs			58,028	55,423
	Support costs			3,984	6,052
				118,896	117,603
	Total costs			147,911	137,625
8	Investments
				2023	2022
	Income from	listed investments		23,815	25,163
	Interest receivable			816
				24,631	25,163

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9	Charitable activities							(	ontinued)
	Forthe year ended 31		March	2022
				N Vision Home	Caregivers at Home	Low Vision Centre	Social Centre	Talking News	Total 2022
				E	E	E	E	E	E
	Staff costs			621,738	148,006	121,008	15,269	13,040	919,061
	Depreciation and impairment Catering services Rent, rates and water Light and heat Insurance			48,256 147,247 12,662 26,717 6,074	1,132 2,698 578	3,381 6,235 10,343 2,396	595 899 193	6,936 755 1,799 566	58,573 147,247 21,379 42,456 9,807
	Transport, travel and subsistence (incl minibus) Telephone			860 2,384	6,117 535	3,475 5,502	565 213	81 535	11,098 9,169
	Repairs, renewals and cleaning			46,211	899	11,036	259	1,182	59,587
	Pdinting, stationery and advertising Legal and professional Sundries		fees	4,370 12,090 12,615	800 492 14	3,250 1,888 444	148 495 2,511	338 370 510	8,906 15,335 16,094
	Staff training and recruitment			6,608	488		70	123	7,289
	Low vision aids					57,757			57,757
	Computer expenses Bank charges			13,714 2,362	1,444 46	5,589 205	1,200	962	22,909 2,613
				963,908	163,249	232,509	22,417	27,197	1,409,280
	Share ofsupport costs note 10)		(see	74,580	7,851	30,094	2,617	5,234	120,376
	Share ofgovernance (see note 10)	costs		11,656	1,227	4,704	409	1,635	19,631
				1,050,144	172,327	267,307	25,443	34,066	1,549,287
	Analysis by fund Unrestdicted funds			860,365	172,327	263,349	25,443	34,066	1,355,550
	Restricted funds			189,779		3,958			193,737
				1,050,144	172,327	267,307	25,443	34,066	1,549,287

		Support	Governance	2023Supportcosts	2023Supportcosts	Governance	2022
		costs 6	costs 6			costsf
Staff costs		139,322	15,796	155,118	130,844	14,539	145,383
Audit fees			10,360	10,360		5,910	5,910
Accountancy			2,358	2,358
		139,322	28,514	167,836	130,844	20,449	151,293
Analysed	between
Fundraising		5,687		5,687	5,234		5,234
Trading		2,843	1,141	3,984	5,234	818	6,052
Charitable	activities	130,792	27,373	158,166	120,376	19,631	140,007
		139,322	28,514	167,836	130,844	20,449	151,293

The average	monthly	number	employees	during the year shown as the full time equivalent was:
				2023	2022
				Number	Number
Management				4	4
Chadtable Activities				60	59
Total				64	63
Employment	costs			2023f	2022 6
Wages and salaries				1,056,101	1,052,656
Social security costs				59,152	55,194
Other pension	costs			21,718	16,820
				1,136,971	1,124,670

There were no	There were no	em	ployees whose ann	ual remuner	ation was more than f	60,000.
Remuneration		of	key management	personnel
The remuneration			of key management	personnel	is as follows.
Aggregate	compensation					127,288	138,446
Gains and	losses		on investments
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
Gains/(losses)		arising on:				6
Revaluation	of	investments				(64,917)	(32,016)
Sale ofinvestments						(19,857)	(6,591)
						(84,774)	(38,607)

16	Tangible fixed assets	Tangible fixed assets
				Land and	Fixtures, Motor vehicles		Total
				buildings	fittings &
					equipment
					E	E
	Cost orvaluation
	At 1 April 2022			1,400,000	296,371	14,341	1,710,712
	Additions				24,436		24,436
	At 31 March	2023		1,400,000	320,807	14,341	1,735,148
	Depreciation	and impairment
	At 1 April 2022			45,911	262,926	8,467	317,304
	Depreciation	charged	in the year	9,709	18,664	1,175	29,548
	At 31 March	2023		55,620	281,590	9,642	346,852
	Carrying amount
	At 31 March	2023		1,344,380	39,217	4,699	1,388,296
	At 31 March	2022		1,354,089	33,445	5,874	1,393,408

Stocks
						2023	2022
						E	E
Finished	goods	and	goods	for	resale	6,300	6,492

18	Debtors
					2023	2022
	Amounts	falling due	within one year:		6	6
	Trade debtors				155,869	108,702
	Other debtors				42,000
	Prepayments and accrued income				24,516	33,196
					222,385	141,898
19	Financial	instruments			2023	2022
					E	6
	Carrying	amount of	financial assets
	Instruments measured		at fair value through	profit or loss	1,195,857	1,365,784
20	Current	asset investments
					2023 6	2022f
	Listed investments				1,195,857	1,365,784

		2023	2022
		6	6
Other taxation and social security		9,238	14,561
Trade creditors		25,476	37,390
Other creditors		51,008	71,178
Accruals and deferred	income	34,900	74,856
		120,622	197,985

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designated f	unds which have	been set a	side out of	unrestricted fu	nds by the truste	es for specific	purposes.
		At	1 April	Incoming	Resources	Gains and	At 31 March
			2022	resources	expended	losses	2023
			6	6	6	6	6
Revaluation	reserve		84,943		(1,053)		83,890
General funds		1,593,707		1,559,506	(1,575,571)	(84,774)	1,492,868
		1,678,650		1,559,506	(1,576,624)	(84,774)	1,576,758
Previous year:		At	1 April 2021	Incoming resources	Resources expended	Gains and losses	At 31 March 2022
			6	6	6	6	F
Revaluation	reserve		84,943				84,943
General funds		1,758,101		1,359,449	(1,485,236)	(38,607)	1,593,707
		1,843,044		1,359,449	(1,485,236)	(38,607)	1,678,650
Analysis of	net assets between funds
			Unrestricted		Endowment	Restricted	Total
				funds	funds	funds
				2023	2023	2023	2023
				6	6	6	6
Fund balances at 31 March		2023 are represented		by:
Tangible assets				231,744		1,156,552	1,388,296
Current assets/(liabilities)				1,345,014		37,138	1,382,152
				1,576,758		1,193,690	2,770,448

29	Cash generated	from	from	operations	operations					2023		2022
										6		6
	Deficit for the year									(146,313)		(158,182)
	Adjustments for:
	investment income recognised				in statement		offinancial	activities		(24,631)		(25,163)
	Loss on disposal	ofinvestments								19,857		6,591
	Fair value gains	and	losses on investments							64,917		32,016
	Depreciation and	impairment			oftangible	fixed assets				29,548		61,809
	Movements in working			capital:
	Decrease in stocks									192		10
	(Increase) in debtors									(80,487)		(65,803)
	(Decrease)/increase		in	creditors						(77,363)		42,394
	Cash absorbed	by	operations							(214,280)		(106,328)
30	Prior period adjustment
	Changes to the	balance sheet
									At	31 March 2022
									As previously	Adjustment	As	restated
									reported
									8	8
	Creditors due within			one year
	Other creditors								(241,355)	57,931		(183,424)
	Capital funds
	Income funds
	Restricted funds								1,275,228	(37,118)	1,238,110
	Unrestricted funds								1,583,601	95,049	1,678,650
						Total equity			2,858,829	57,931	2,916,760
	Changes to the	profit		and loss account
									Period ended 31 March		2022
									As previously	Adjustment	As	restated
									reportedf	5		F
	Charitable activities								1,089,575	57,931	1,147,506
	Net movement in	funds							(216,113)	57,931		(158,182)