## ## ## |Contents|||Page| |---|---|---|---| |Reference and administrative||information|| |Trustees'
report|||2-14| |Independent
auditor's|report||15-17| |Statement
offinancial|activities||18| |Balance sheet|||19| |Statement
ofcash flows|||20| |Notes to the financial|statements||21-32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Our|Residents|Putting|our residents|at the heart of|at the heart of|everything|everything|we do|| |---|---|---|---|---|---|---|---|---|---| |Our|Staff|Recruit|and retain the||best staff and|to|become|an employer|ofchoice| |Our|Results|Delivering
the highest|||quality
of patient||centred care with compassion||| |||and excellence|||||||| |Our|Facilities|Offering|an outstanding||experience|by ensuring||the facilities|ars homely| |||and of|a high standard||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||A3W
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C| |Co|Co||||||||||||||||||||||||| |Company
registered|Company
registered|Company
registered|Company
registered|number: 2721809|number: 2721809|||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2023||2022| |||||||||||(restated)| |||||||Notes||||8| |Fixed assets||||||||||| |Tangible assets||||||9|7,098,542|||7,263,442| |Investments||||||10|3,819,544|||4,067,599| ||||||||10,918,086|||11,331,041| |Current assets||||||||||| |Debtors|||||||131,800||104,365|| |Cash at bank||and|in|hand|||889,664||688,096|| ||||||||1,021,464||792,461|| |Creditors:|Amounts|||falling|due within one|||||| |year||||||12|(353,674)||(377,503)|| |Net current||assets||||||667,790||414,958| |Total assets||less|current||liabilities|||11,585,876||11,745,999| |Creditors:|Amounts|||falling|due after more|||||| |than one year||||||13||(198,333)||(268,333)| |Net assets||||||18||11,387,543||11,477,666| |Funds||||||||||| |Unrestricted||Funds||||14||11,387,543||11,477,666| |Restricted|Funds|||||15||||| |Total funds||||||||11,387,543||11,477,666| ||||||2023||2022| |---|---|---|---|---|---|---|---| ||||||f||6| |Cash flows from operating|activities||||||| |Net cash provided
by operating
activities||||153,174|||198,935| |Cash flows from investing|activities||||||| |Investment
income||||153,453||133,369|| |Purchase of tangible
fixed
Purchase
of investments|assets|||( 45,126)
(302,007)|( 68,306)
(552,495)||| |Proceeds from sale of investments||||242,074||259,293|| |Net cash provided
by/(used|In) investing||activities|48,394|||(228,139)| |Net increase/(decrease)
in|cash|||201,568|||(29,204)| |Cash brought
forward
at 1 April||||688,096|||717,300| |Cash carried forward at 31|March|||889,664|||688,096| |a) Reconciliation
of net movement||In funds to net cash flow from operating|||activities||| |||||||2023|2022| |Net (expenditure)/income
for|the year|||||(90,123)|224,590| |Adjustment
for:|||||||| |Depreciation||||||210,026|215,828| |Losses/(gains)
on investments||||||307,988|(123,932)| |Investment
income|||||(153,453)||(133,369)| |(Increase)/decrease
in debtors||||||(27,435)|22,307| |Decrease
in creditors||||||(93,829)|(6,489)| |||||||153,174|198,935| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|D|on|ations|and lega|cies|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2023|2022| ||||||||Unrestricted|Restricted|Total|Total| ||||||||E|E|E|E| |Donations|||||||10,019||10,019|20,206| |Legacies|||||||500||500|| |Coronavirus|||Jobs|Retention|Scheme grants|||||12,423| |Other coronavirus||||grants|||13||13|108,116| ||||||||10,532||10,532|140,745| |3||Income from charitable||||activities||||| ||||||||||2023|2022| ||||||||Unrestricted|Restricted|Total|Total| ||||||||E|E|E|| ||Residents'||fees||||4,122,529||4 122529|3827 708| |4|Investment|||income||||||| ||||||||||2023|2022| ||||||||Unrestricted|Restricted|Total|Total| ||||||||E|E|E|E| ||Rental|income|||||70,020||70,020|70,000| ||Income|from listed||investments|||78,441||78,441|60,390| ||Bank interest||||||1,879||1,879|| ||Grazing|rights|||||3,113||3,113|2,979| ||||||||153,453||153,453|133,369| ## ## |Expenditure
on charitable
activities||| |---|---|---| ||2023|2022| ||E|E| |Consultancy
fees|41,617|51,741| |Repairs and maintenance|130,019|110,676| |Provisions|142,047|134,623| |Utilities and rates|88,670|90,616| |Legal and professional|2,454|766| |Medical|82,021|60,220| |Laundry|11,069|11,083| |Training|9,763|12,073| |Insurance|44,292|37,855| |Registration
and subscriptions|12,853|13,707| |Donations
paid||6,000| |Other costs|30,424|28,246| |Travel and transport|4,607|4,520| |Premises costs|47,315|40,049| |Residents'
welfare|28,270|13,544| |Marketing|850|4,889| |Print, postage and stationery|90,845|93,368| |IT and website costs|19,404|20,604| |Staff uniforms
and welfare|14,254|19,929| |Consumables|64,449|54,943| |Wages and salaries|2,676,915|2,673,630| |National
insurance|233,409|215,446| |Pension cost|57,353|57,409| |Depreciation|210,026|215,828| |Governance||| |Audit fees|12,000|14,400| |Accountancy
fees|2,160|| ||4,057,086|3,986,165| ## |Anal|ysis ofexpendit|ure
by activity||||| |---|---|---|---|---|---|---| ||||||2023|2022| |||Staff costs|Depreciation|Other costs|Total|Total| |||E|E|E|E|E| |Raising funds||||||| |Investment|management|||18,253|18,253|17,759| |Charitable|activities|2,967,677|210,026|865,223|4,042,926|3,971,765| |Governance|costs|||14,160|14,160|14,400| |||2,967,677|210,026|897,636|4,075,339|4,003,924| ## |This is|state|d afte|r ch|arging:|||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||F|E| |Depreciation||||||210,026|215,828| |Auditor's|remuneration|||- audit||10,800|| |Auditor's|remuneration|||- accountancy||2,160|| |Previous|auditor's||remuneration||- audit|1,200|12,000| |8
Staff||costs|||||| |||||||2023|2022| |||||||E|E.| |Wages|and|salaries||||2,676,915|2,673,630| |Social security costs||||||233,409|215,446| |Pension|costs|||||57,353|57,409| |||||||2,967,677|2,946,485| |||||||Number|Number| |||||||2023|2022| |Average|number||ofemployees|||99|| |Employees||earning E60,000 -|||F70,000||| ## |9
Tangible fixed assets||||| |---|---|---|---|---| ||Freehold|Motor|Fixtures and|| ||property|vehicles|fittings|Total| ||f||6|6| |Cost or valuation||||| |At 1 April 2022 (restated)|9,318,348|41,864|814,309|10,174,521| |Additions|||45,126|45,126| |At 31 March 2023|9,318,348|41,864|859,435|10,219,647| |Depreciation||||| |At 1 April 2022|2,331,384|34,002|545,693|2,911,079| |Charge for year|152,463|1,572|55,991|210,026| |At 31 March 2023|2,483,847|35,574|601,684|3,121,105| |Net book value||||| |At 31 March 2023|6,834,501|6,290|257,751|7,098,542| |At 31 March 2022 (restated)|6,986,964|7,862|268,616|7,263,442| |10
Investments||||| ||Programme|Investment||| ||related|land &|Listed|| ||Investments|property|securities|Total| ||6|f|F.|6| |Valuation||||| |At 1 April 2022 (restated)|1,690,000|160,000|2,217,599|4,067,599| |Additions|||302,007|302,007| |Disposals|||(242,074)|(242,074)| |Revaluation|||(307,988)|(307,988)| |At 31 March 2023|1,690,000|160,000|1,969,544|3,819,544| |Historical cost||||| |At 31 March 2023|420,000|17,545|2,019,489|2,457,034| |At 31 March 2022|420,000|17,545|1,935,715|2,373,260| |11|Debtors|Debtors||||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||6|E| |Trade|debtors||||50,956|39,531| |Prepayments
Other debtors||and accrued income|||78,937
1,907|64,742
92| ||||||131,800|104,365| |12|Creditors: Amounts|||falling due within one year||| ||||||2023|2022| ||||||E|E| |Trade creditors
Other tax and social security
Other creditors and accruals
Accruals and deferred
income|||||43,347
49,940
64,172
196,215|67,963
47,615
46,222
215,703| ||||||353,674|377,503| |13|Creditors: Amounts|||falling due after more than one year||| ||||||2023|2022| ||||||6|E| |Accruals and||deferred|income||198,333|268,333| ||||CO
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6|Total| |---|---|---|---|---|---| |Fund balances|at 31 March 2023 are represented|by;|||| |Tangible fixed
Investments|assets||7,098,542
3,819,544||7,098,542
3,819,544| |Current assets|||1,021,464||1,021,464| |Creditors due|within one year||(353,674)||(353,674)| |Creditors due|in more than one year||(198,333)||(198,333)| |Total net assets at 31 March 2023|||11,387,543||11,387,543| ||||Unrestricted|Restricted|Total| ||||5|f|5| |Fund balances|at 31 March 2022 are represented|by:|||| |Tangible fixed
Investments|assets||7,263,442
4,067,599||7263442
4,067,599| |Current assets|||792,461||792,461| |Creditors due|within one year||(377,503)||(377,503)| |Creditors due|in more than one year||(268,333)||(268,333)| |Total net assets at 31 March 2022|||11,477,666||11,477,666| ## ## |eases wa|s:||| |---|---|---|---| |||2023|2022| |||f|f| |Amounts
Within
1
Between|payable:
year
2 and 5years|4,248|5,889
4,248| |||4,248|10,137| |Lease payments
recognised as expense||5,889|5,889| ## ##