2021-03-31-accounts

REGISTERED COMPANY NUMBER.. 02756650 {England and Wales) REGISTERED CHARITY NUMBER: 1021086 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR THE CHARLOTTE STRAKER PROJECT Robson Laidler Accountants Limited statutory Auditor Fernwood House Fernwood Road Jesmond Newcaslle upon Tyne Tyne and Wear NE2 1TJ UDll¥TrJLC 2210912021 COMPANIES HOUSE

17

THE CHARLOTTE STRAKER PROJECT CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Pagg Report of the Trustees 1 to 18 Report Of Ihe IDdepend•nt Auditor4 19 to 22 Statoment of Financial Activities 23 Balance Sh¢ot 24 Cash Flow Statement 25 Notes to the Cash Flow Slatement 26 Notes to Ihe Finartcial Statements 27 to 37

THE CHARLOTTE STRAKER PIIOJECT REPORT OF THE TRUSTEES FOR TrIE YEAR ENDED 31 MARCH 2tr21 The trustees, who are also (tirectors of the charity for the purtx)ses of the Companies Acl 2006, present their repgrt the financial slalements ol the charity for the year eThJed 31 March 2021. The trustees have adopted the provisions of Accounting and ReportiThJ by Charities.. Statement of Re￿MMended PraCt￿e applicable lo charities preparing their accounts in aCcOrda￿e wth the Financial Reportiryj Standard appI￿able in the UK arKJ RewtJi¢ of Ireland IFRS 1021 {effe¢tive 1 January 2015). The Chartotte Straker Proieet during 2020121 was required to respond to a global paThJeM￿. COVID-19. As a result of this the method as to how The Gharfotte Siraker Project luncttsns has altered qurte substantially and a number of measures were required to be wl in place as per national guKJance. The residents. families. staff and community have reswnded to this crisis in an extremely pN)siltve way, with increased support, under￿anding and compliance regarding the strict measures we had lo implement. All the individual Trustees and the Senior Managen￿nI ol The Charlotte Straker Project should commended lor their actions which ensured our sustainabiltty throughout this time. LrKal businesses must be aFplauded for their generosity duriThJ the full year offering support of rooms for staff. lood parcels, laundry. haThJ cream for slaff and meeting rooms. lo name tsJt a few: il wa5 positive to see this community SLlPPOrt. During the year a COVID-19 Management Group continued to meet weekly Of bi-week￿ when required and rt was through this gioup all actions ihal we in FAaee were agreed and en(brsed by ihe board. Like many other nursing and care homes COVID-19 certainly had a swJnrficant irnpacl on Charkntte Slraker aThJ we were ext￿melY sad lo ex￿rIenCe the loss ol a numter of M￿h-10Ved residents. rt also had a ￿nSiderable eflect on our loyal slatt. ¢)Jr thoughts go out lo all the families ol our reswjenis and staff. The Charfotte StTaker Project had to exdude extemd visitors from atte￿INj the home on a number of cccasions, the￿lOre staff had 10 Step up and become families to the resmjenls al this point, Ihey also had lo JI the gap where volunteers woukj have suw)orted, in order lo reduce loottall. We agreed to purchase a Visitor Pod which was external to the main home to allow, when guidance permitted, access to families in controlled way. number ol new prot¢xols had to adopted re adrnission pfocessesluniformsfftarthashintysocial diStanty￿Staff numbers etc, all of wh￿h required wee￿Y review. A number of new poliaes had to be written and an i￿reaSe in communtcalw)ns pirt in place with the families and communty. We implernented a new initiative using 4 rooms curtained off from ihe Test ol the home as an isolation wing where any new residents could COTne and stay for 14 day5 unD"I cleared ol any wssI￿11ty of inleclion. Any residents wrth symptoms would move to and speThJ a pe￿￿1 of isolatKJn in this unit until COVID-19 was rvled out. There has been the offer of a number ol grants to suppth the ￿￿1110￿81 expeTrJiture and cover some ol the loss ol income. from NorthumberlaTKI County CouncTI {NCCI & ILKal charrties, which has been very welcome. ft has been a challenging year. kn￿ver The Chadotte Slraker Project has cdlectivety risen lo Ihal thallenge and addressed everything wlh which rt has been faced. A great deal has learnt from tlis pandemic and we will review and implemenl any agreed new measures in 20211f2. Page 1

THE CHARLOTfE STRAKER PROJEcr REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 OBJECTIVES AND ACTIVITIES Oblectlves and airns The objectives ol the eharity are Ihe relief arKI rehabilitation of aged or infimi persons resident in the Iclal authority district of Tynedale or such other areas of the County of Northumberiand as the charity shall from t￿e to time determine (the 'area ol benefrt'l as well as the rel￿1 and rehabiliialion of aged or inform persons resident elsewhere in the United lfjrrfJdom who have dose relations resident in Tynedale and in particular. bjt wirhoul limiting the foreg¢ing, by providing or assistiNJ in the provisK)n ol shemered accomm¢Jdation, and ol nursing and other facilities lo alleviate the ￿e￿$ ol such persons" and "the advancement ol the edLKalion ol the public with respect lo health. ￿)u￿ng and welfare problems amongst person5 in the area of beneftl who are aged or intirm.. The principal areas of charitable activity relate to the provisKTrn of residential and nursing care lo the residents ol Charlotte Strakef Hr￿se along wrth ts maintenance ol accommodation in the form of bjngalows whieh provide independent liwng lo the (tcupants. Chartotte Straker House is a care horne that provKJes accomnK)dation nursing a￿1 personal care for a maximum 0132 older people, some whom may live with dementia, the r￿mS are dually registered. We also have available 8 bJngabows which support IrKle￿nd8nI living which Charfotte Straker team oversee. The average age of our residents is 92. Care is given according to individual needs arKI we su￿￿ort those who lack by makj'ng a charitable contribution in eertain srtuations enabliffj any shortfall in tees to te met. We describe and promote our services lo our lo¢￿ PM)wlation via direct wmMun￿￿￿jn and articles in local papers, parish magazines ￿ newsletters lo siworters. Our aims in 2020121 continued to Inc1L￿ the provision of high-quality nursing and resKlenlial care according lo the individual's needs, su[w￿ng those financi￿lY who cannot afford our lees. Through 2020121 we were responding lo a pandemic COVID-19 and there were therefore a number ol a&Jitional areas for consideration. ensuring safety as lar as was practically Fossible for the residenis in our home. We provided, free of charge via donations. a Community ResFYte Bed ICRBI Se￿ICe, however during 2020121 access was lim¢ted due to intection control and is(Aalion requI￿rnents. Our visK)n and values eontinued to be person.cenlred to make sure pecr4e a￿vayS remwn at the heart of Ihe service. Our specific objectives during 2020121 were to ensure high levels ol inlectx)n control rneasures be in place. for which we re￿iVed a Positive review from ihe Care Quality Commission ICQCI, in order to provide a place ol safety lor any residents who required 2417 care. We aimed lo adhere to the CQC standards which would continue lo see us achieve al leasl a good rating by CQG, ￿>Wever there have Ixen no further formal inspections. We set oursefves an objeclive of aehiewNJ a consislenl 97Yo occupancy. however we recognised that duè to the pandemic this was a Siretthed objective and therefore we increased marketing and supported the new COVID-19 discharge framewo￿ io itKrease occupancy durirKJ this financial year. We continued io raise funds lof The Chark>tte Straker Project in order to cover any shortlall and applied for specific grants lo sutvort any under￿￿PanCY and addIt￿nal mèasures we had to put In place as a result ol the pandemic. To achieve these aims we pro¥Nle exedlent staffing leveb with quality leadership aThJ a skilled workforce, paying careful attenbon lo the assessment criteria and requirernents ol Cac arKI NCC. As slated Ihe organisation has not been rev￿Wed ￿nce our wevious annual report the￿lOre we continue lo report our home as 'Good' under the cac raiirKJs wirh 'OuislaThJing' lor "well led.. No concerns were raised during 20121 with regards lo qualtty. safety, and care, however we did ex￿rienCe two oulbreaks ol COVID-19 when the home was closed to rw admi%sions for a perKKI as advised by Publ￿ Health England & NCC. We were wsiled by the CQC who reviewed speotically our in1￿tIon wntrol ￿mpliarte, this was not a rated reFQrt. bLrt the outcome was very rxssilive and can be fourKI on the CQC website. Our occupancy fluctuated throughoul the year arKI we ck)sed the CRB bed for several months to reduce risk of bringing in infecti￿. Pa9e 2

THE CHARLOThE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2tr21 The fundraising group which was established previously lo iaise money for the CFIB bed providing respite care to bcal pe¢Jple continl￿ lo meet remotely. and as the CRB bed was dosed lor a peric#Y throughout 2020121 the Committee also paused matketing and fundraising speafi"cal￿ for Ihts particular purpose. However. they continued to r￿se funds to help meet any shortlall in lees and to SUPFX)rt requirements lor increased inlectK)n control measures that we needed io implement. Many of the tradrtional events had to be cancelled throughout the year. which Fosed a signthcant challenge. so Ihe fundraising group therefore turned their attentions to supporting the residents ar￿ staff who were working at The Chadotte Slraker Prqecl by asking for support towards initiatives such as Personal ProlectNe Equipment IPPEI, hand creams and iPads lo support communications between residents and their families. This was very welcome. )re detals are lo be found in achievements arNI performance section below. Publlc beneflt We have referred lo the guidance conlarned in the Charity CommEsion's general guidance on public benefit when reviewing our aims and ot4'eclives and in planning our future activitses. In partKular. Irustees ctsns￿er how planned aclmlies wll c(￿ute lo the aims arnl objectives IW have set. Volunleers Our volunteers had to be paused durir¥J 2020121 due to the paThJemrc therefore their normal aclivrties could noi be carried out. From January 2021 onwards those volunteers who were not shielding were tested and deared to come to The Chadotte Straker Pioject. io specrfically assist wrth supwrtive iasks, as al this lime we were experienung an outseak arK1 this impacied on staff avaiLqts"lity. Two of our volunteers provtded additional SUPFrf)rt to assist with gNing out meals, suFrorting res¢dents, assisliTrJ wrth remote visits for families via technology - this was welo)med. The volunteers pr(*Jramme ￿11 be re-established as soon as guidance allows them lull access. The volunteets who were rtmoie Continued to Contr￿Ute in alrematives ways: Making scrubs lor staff to wear Sourcing PPE Making gifts for the staff and resmlents all of whth were sanitised before enleriwj our buildings Communication was critical lo us thrOug￿Ut 2020121 ￿refOre many mechanisms were utilised - facetrMx)k. litter, gmail, regular briefings - we have T￿e1ved posrtive feedback from a nurnber ol people regarding the increase ol communications arKI darity this wovidwj at this lime. We have urxlated the re￿dent'S handbook and kept this UFKlated Ihrcxjghout the year. Ensuring our staff and residents. larnilies were kept upjaied was paramovnl al the height of the panrlemic. we utilised our Trustees to keep in regular 1X)nta￿ lo upyate regardiThJ our position. wellb•"ng of the residents and intomiing those stall who were away trom work il any additional supp)rt was required. This wcKked well was recerved F#)siiively. Page 3

THE CHARLOTTE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAACH 21Y21 STRATEGIC REPORT Achievement and perfom)ance Review of aclivllies In the last year. activities lor our residents have inlerrupled, as a resutt ol the COVID-19 pandemic. This has meant constderable periods ol furlough lor the activities cwrdinalor and also lor the vast majority of the extensive group of volunteers who would usually be SUFfX)rting activities wrthin the serv￿. With the need to encourage social distancing. resAnt activit￿ have been undertaken on a 1 to 1 basis. where ihe majority ol engagernent has taken ￿aCe in wdents. bedrooms and where the I￿u$ has been on sperKling lime wrth each indmdual in a surporting reassurir¥J capacity. Conwnunlty Resplle Bed (CRB) Ser¥l¢e The CRB service continues lo be an irrtegral part of our overall service and the on-going vision for The Chadotte Slraker Project. This is a valued Servi￿ wrihin Ihe local area aThY provJes an essential lifeline lo those both in a ¢ared-lor and wsr¥J role. The impact upon the serviee of the global paThJemic ol COVID-19 has been considerable has caused disrupiion to the semce throughoul the course of the last year. This has been in part due lo tvdo separate outbreaks ol COVID-19 within Charlotte Straker House and. as a result ol moves by ceniral government lo restrict access lo care homes, in a bwJ to'c￿1)0n, services as a stralegy lo keep care home resKlents sale. Further irnpact has teen caused by the need for any admissions coming into the CRB facility to sell-isolate for louneen days. This has cause(J potential users to cancel their stay and to remain in their own homes until the situation improves. This then reflects in ihe total usage between l April 2020 up until 1 April 2021 as 86 nights across the year. Recent updates regarding wsrting p)liies. as ￿lated by Central Govemment on 21 June 2021. now indicate that persons being admrtted fiom home into a care home setting can lollow a str￿1 protocol which negates their need lo then self-isolate. Fundralsing approach Since the year end a comprehensive Teview has been undertaken ol Trusts, Funds. Companies and IndivKluals who may wish to support The Charfotte Straker Project in its &rategic objective of rebuilding its Balance Sheet following the e￿enSiVe costs incurred as a direct result ot COVlD-19. These costs have included the proVis￿n of PPE equipment, a Visitor Pod in Ihe grounds lo ensure visrts coukl be conducted in a sale and secure manner wthout visitors entering the rnain trAJilding and other addilional facilities and equipmenl required as part ol cMJr delence against the ouibreak. We also wish to rebuikd the Balance Sheet as the marked reducts'on in nurthrs of ieshdents duriThJ the outbreak impacted on our ir￿orne Page 4

THE CHARLOTtE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 STRATEGIC REPORT Achlevement and performance Fundralslng Our objectives this year included rwsing lun(ts for.. Pandemic Isolauon Unit The Shortlall . The Community ResF4te seN To help furKJ 3 rooms Irom April until September. which had been set asKle as an isolalion unit. the FundraisiNJ Committee launched an appeal lo ratse £70.OLXJ needed for this oty'ective. This was achieved trom Grants. donations from the community arKI I￿al organisalions, a rourKI-8ritain exercise challenge, wh￿b involved Trustees, staff and frierKls and Ethan Thompson's Everest Challenge. Corbrwjge Youth Initiative and Charlotte Straker held an online Quiz. with CS lunds going to the Wal. 'Crafty Women.. who are a en￿la1 swrt for The Charfotte Straker Proiect, worked lorvJ hours signing and making new crafts to sell io raise money tor the organisatson, producing some amazing work. They ￿s0 helped lo rwse furxls by ha￿ng online S￿8$ a￿1 a quill rattle lor the AF￿￿. We reduced the isolation unit lo 1 roorn Irom January 2021 unlil March 2021 and stage 2 of the 4)peal was launched. Our objective this time was £15.000 ar*J this total was achieved by Ihe end of February Irorn Grants and Donations. Throughout the year we were strongly SUPKM)rted by grants from the Community FouNlalion Tyne & Wear and Northumberland ICFI. In partictAar, we received a pandern￿ grant from the National Emergencies Trust via the CF and continued to receive support lor the shortlall and CRB via the Roland Cookson Fund at CF. In March 2021 when it was dear thai staff were emotionalty iraumaiised by th•( experience of the pandemic tt)e CF gave The Charfolle Slraker Project a grant to enable staff counselling. Government Infection Control Grants were allocaied by Noflhumbgdand County Courcil to cover some of our vast pa￿leMIC costs. In addition, grants were received lor wr appe￿ Iiom the William OFenshaw Trust arKI Ecdesiastul InsLbrance. Unfortunately our Community Respite Bed service was cb)sed for most of the year due lo the pandemic. However. after the Isolation Unit Appeal had ellded arxl in anlicpaiion ol the CRB service restartiThJ, we tegan a low key Appe￿ in March 2021 10 raise fund5 lor the CRB via a leaflet drop in Corbridge aTrJ a￿￿ationS lor grants. Our furThJraising efforts will conlinue lo suwrt the CRB during 21122. It is important to pay tribute to the tremendous suprM)rt and undetstanding we received from our local community. Individuals. farnilies arKI l¢)cal organL8ations and businesses respoThJed in helpful and practical ways. Families ol reshdents likewise could not have done more io assist us. In the early stages ol the pandemic a new cohort ol youThJer volunteers sleFved lorward and helped out within The Charlotte Slraker Project undertaking a fange of activitw from gardening and reathng with residents. to kitchen duliesl Legacies & Don•tions We are very grateful for the generosrty and Sup￿ of indiwdual donots a￿1 companies, and during 2020121 we benetitted from the following receipts:_ Donations £79.116 Legacies £nil Grants £170.553 Paje 5

THE CHARLOThE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2Q21 STRATEGIC REPORT A¢hièvement and perfom)ance Roland Cookson Fund at the Community Foundatlon Tyne & Wear and Northumbertand Our collaboration with Ihe Communrty Foundation Tyne 8 Wear aThJ NorthLJmtrerland continued in 2020121. This enabled us to Conbnue to receive Iheir via the Roland Cookson Fund. Roland Cookson was an important local induslrialist who lived in Corbridge aThJ who suprKfyrted many good causes in the ￿)rth East. The eontinued lundirwJ agreement ensures that we receNe two six-monthty grants which assists us in achieving our charitable aims. As part ol the lunding agreement we reF(Jrt regularly to the Communty Foundation on the use of the grants. Ths year grants have cortt￿￿ed to offsei Ihe shortfall in resKlents' lees and supwrt the CRB serwce. Shortfall In fees As mentioned atM)ve each year we aim to provKJ& a chantatrje con1rt￿rt￿￿ to a number ol our restdents w have a shortlall in th&r lees due to lack ol personal means. This year120201211 this amounted lo £48.¢XI6. This money was provhded by the grant fvrKlirvJ Irom the Community FourKlation Isee above). Marketing IPR The Charlotte Slraker Project emFAoys a Marketing Coordinator 7hrylh marl(etirwpublic relations expertise. The role ol this pefson is lo promoie the good name of the charrty, unoerstanding of its Ser¥￿e$, as well as individual fvrKlraisir¥J events and aFpeals. This has made a sonrficanl difference to the profile ol The Charlotte Straker Project. The Marketing Coordinalor is involved in approaching the general wblic to rwse funds arKJ will inloim those a[v￿hed that she is a paid empbyee. h)y marketir4J io Specif￿ individuals will comply wilh GDPR. CQC iiwection The Chaflotte Straker Project was inspecled againsl the infectbon preventK)n and control sta￿laId on 15th October 2020 with a report ol the fir¥Jings released on 20th November 2020. This standard has eight elements, inclLK1irwJ viyloTS. th"ehJiThJ. adrrmssion. use ol PPE. tests"ng. premises. staffing and FKJli¢ies. Processes were examined across JI elements and al Sta￿lardS were found lo be 'assufed. Northumberland County Councll Moniioring Vlsll No inspectKJn has been lorthcomiro Irom NCC. Vigts by conlfacts monitoring officers have been cancelled over the eourse ol the last twelve months in response lo Ihe COVID.19 pandemic Page 6

THE CHARLOTfE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 STRATEGIC REPORT Achievement and perfOrnM￿e The Bulldlng We have iaken the ￿lik11￿ as far we can in terms of alteraiKns and additions. Home Group. the Freeholders, do not wtsh to invest any fvrther eapiial in Ihe builjing and. gwen the fact that The Charlotte Starker Project leases the premises. rt makes no fi.n￿1￿ sense to earry any other major reconslruclion or refvrtrishment. apart from UF9rading irbjivbdual rooms arKI facilities. with the potential exception ol a garden room as referred lo below. We are prq)osing to acwire a Garden Shed to asgst resllents who are interested in gardening and to ensure they have somewhere io Me￿ lo grow on seeds arKI pknts. In line with Central Govemmenfs 1eq￿refflent to 'cocoon' care h0ft￿, lcott￿l t)Ih in and out ol Charlotte arker House has been minimised and the key f(x)Js in the last year has tr*en to maintain ftjnction arKI maintain the fabric of the l)uildiNJ io a reasonaNe Sta￿laT￿. Work due lo be undertaken has been prioritwl and contract(Ys only alkn¥ed 10 access the building with strict adherencg to infKlion prevention arKI control mechanisms. As we move through our recovery prccess. a TefurLishment plan 15 now in place a￿1 work ornjoing to We and upgrade the rooms and faeiliti6s. across those areas Klentified as a priority. We continue lo work wlh Home Group lo Klentify ISS￿ within the Ser￿ aThJ. where appropriale. seek th8 JPFQrt ol Home Group to rectify issues. The Board continue to plan for the firture to ensure we develop our offer of services, we therefore applied for. arKI were suecessful in. gasning ￿annIng pemiisgon for a garden room to be attached lo the Iront of Ihe main building where the current decking exists. Due to the par¥jern￿ rt has not been approFyiate to commenee tt)is work, but we ￿afi to do so in the lthure. Page 7

THE CHAALOTfE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH W21 STRATEGIC REPORT Finan¢i•l r¢¥iew Financial positi¢>n The Truslees recognise the imtKsrtance of sound fina￿la1 management and have in place rolxjsi linancial licies and controls which are rewewed regularly by the FIna￿e aThJ Governance Committee and Board of Tnjstees. We also acknowledge the Vil￿ and greatly akyeciated supkx)rt of our local community. donors and byal emI￿Oyees. The year 2020121 was a partwlarly challenging period - largety as a resull of COVID-19. There was a nei outtlow ol funds of arca £180k lexdudiivJ restricted lunds. transfers be￿een lunds and movements on inveslmerrtsl - unreslricted incoming lunds £1.39m outgoirus ol £1.57m dl of which meant we were drawing on our reserves. This"Reserve Drawing" process has continued irno the 2021122 h'nancial year. So the eomt4"nation of COVID-19 arnl the urnJertundiThJ of the Care Sector combined to jusb'fy thg dewptor ol "particulady challenging.. li is also imw)rtanl lo note Ihat a gcmxl deal of our furmjraising activrties have teen curtailed as a resutt of COVID-19. There is a gain of some £60k shown on the value of our investments - this is explained lo a significant exlenl by the fact that the valuation on 31st March 2020 represented a date where Iheie was the slock market reaction to the beginning of the parNJemic and over the year Ihere has been a recovery with the wrrent figure of t235k rep￿SentIng ihe valuaiion on 31st March 2021. Al the year end, the charity hekl unrestrthd of £1.225.308 arbj overall lunds ot £1.23S.792. Prin¢lpal fundlng sources f principal income is derN&J trom ￿Mrr￿#1aI￿n ftts from the 32 residential rcoms atKI 8 Ixjngalows which make up The Charlotte Straker Projecl. Addrtional income is derived from our own fundraising activrties together with grants from various ehafrt*s and twsts. Investment pollcy and objectlves A review ol the ¢harty Investme￿ rolity was Carri￿1 out in Febwary 2019 w￿n r( was agreed to appoint Brewin Dolphin, a professional fund management company as invesmient managers of £200,000 ol its Reserves. This irwestment represents the arrnunl that the Trustees feel is prudent to longer term and the objectwes are lo achieve atove inflation ca&rfl￿ gfowth of inflation ￿uS ?/0 with a moderate risk level which should allow the Charity al least lo maintain the re￿ value of the assets. ullimately lor the benefit of its current and ILrture residents. Page 8

THE CHARLOThE StRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 STRATEGIC REPORT Flnanclal revlew ReseNes pollcy The Trustees have resolv&J to hohj money atNJ relily realis&Ye investments equivalent lo 6 months operating costs in the event that we have to wind (k)wn cease coeralions. We are also mindlul herg of fundiNJ issues in the Health Economy and the ieslraints on buLJets evidenced in recent limes. The Trustees regularly fevie•V the reserves required aftd feaflifmed the r￿Ure of £700k ftir 2020121 which was achieved throughout the year. Thi8 was only possible because ol the strength ol the Balan￿ Sheet. continuing prudent fi'nanci￿ control arKI Ihe action taken by Trustees. managemenl aTrJ 51aff during the pandemic. txjt The Chartotte Slraker Project erKled the year in a sound fina￿la1 position. The'lree reserves. of Ihe ¢harty (defined as those unrestricted furKts not designated lor specth'c purposes or lied up in fixed assets) stood al £788k at the year end. We have therefore SLweded in meeting our largel lor reserves. des￿te the drffKult year. Our reserves are iepresented by boih th'xed and current assets hekl, and ir￿l￿deS monies held on deposit and various investments hekj by the charity. The Trustees have taken a prudent approach lo investment. as detailed in the Investment PoI￿Y and ObjectNes secb'on of this rewrt. wh￿h strikes a careful balance between monies held as par( ol longer leirn investments and monies held on deposit. that are more ￿adIlY available for use when the need arises. The reserves adopted ensures that The Charlotte Straker Project has funds at its disposd. that be drawn on. so that the charity can eontinue lo operate and lulfil its financi￿ commitments. even in such circumstances as have been seen this year. As ai 31 sl March 2021 the f￿ reseNes ol the charity were maintained in Irne with the reserves poI￿y. however since the year end the Trustees have needed lo draw on this 'rainy day. lund, in order to maintain cashflow. Although this means Ihal reserves have drorped. the Trustees are convineed of the need to make use of these lunds. as this is the very purpose for which they are hekj. Doing so has dlowed the eharily to weather the stomi during palldern￿ and has allowed the Trustees to continue lo operate the charity and set in motion plans tor a recovery. The Trustees are now workiThJ to rebuild Ihose free reserves. Golng concern At the end of the financial year and after taking appropriate actiorn, the trustees consrder that the charity has adequate resources to enable il lo continue in operational existence for the foreseeable tulure. For this reason. the charity continues to adopt the goiwJ concern ba&s in preparing the fifta￿la1 slalemenls. Future developments Futur• Plans Wg have engaged in a con5K$er￿e amcNJnt of Fweparatory wor1( in temis ot the possible devekpmenl of a new builjing on amlher site. We have identified the likely income and rJ)sts arising from the d￿elopment but have taken the view that with the reduction in the sirength ol our Balance Sheet as a regjtt ol COVID-19 and other demands being made on Var￿US Trusts and Funds who may wish lo assist us. il will be some 18 months - 2 years before this project can be brought fon¥ard lor conshleraiion. Page 9

THE CHARLOTfE STRAKEA PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2(Y21 STRATEGIC REPORT Future d8velopment$ NUrsIn￿R•S1d¢ntIal Client Referras The Charfotte Straker Project has Ihroughoth 202￿21 markeied availth"lrty, normally we always ran with a waiting list but found we had capauty during this finanaal year. This was as a result ol a nUM￿r ol issues, many families were •lher furloughed or working from home therefore capacity to supwrt bved ones 24tT was increased. comtsned ￿th putJ¢c nerV￿snesS aboul being ajmitted lo nursinglresidenlial care following negaiive media siories aboui the care industy, certwnly impacted on the numbers wanting access. We therefore worked dosely wrth NCC aThJ agreed lo take lempwary discharges, arKI admissions where urgent care was required for up lo 6 weeks. wlith a$$￿ted our wcupancy. however dependency and aeuity increased. We continued io woth dosely eommunrty seThices. primary and secondary care lo develcp relalionships in order to make any relerrd a comprehensive pr(tess. We also continue lo advertise across our I￿1 community. We pul on hokj explorirwj additional services such as dom￿111ary care, provision ol meals. laundry lacilities lo the local older fK)wlation. Fwever this will be picked 4Jp 2021122. Community SUPP)rl is a sparse commodity arJ therefore anything that The Charlotte Straker Project Can do to provide ihis is welcomed. STRUCTURE, GOVERNANCE AND MANAGEMEP Govemlng document The charity is conlrolw by ils governiro docufflent. a deed of trust. and constTlutes a limited eompany. limited by guaranlee. as defined by Ihe Compantes Act 2006. In the event of the charity beiw wwnd up. the indivithJal lthlity of every mernl￿r of the charity shall not exceed £1. Charity constitution The Chailotie Straker Project is a charitable cgympany linNted by gLwaniee. registered al Companies House, incorrx)rated on 16 October 1992 and registered as a charity on 17 May 1993. The o"ects and powers of the charty are as sel out in the A￿'¢leS ol AsscKiation. Page 10

THE CHARLOTfE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2ty21 STRUCTURE. GOVERNANCE AND ￿NAGEmE1¥r Recrultment and ¥polntment of new trnsteeg The directors of The Chadone Slraker Project are ￿s0 trustees of the charty. They are known as Ihe Executive Committee. Each year at the AGM a number of the lorYJest seNiry members retire, by rotation. and being eligi￿e and assuming willitYJness. may ofler Ihemsefves lor rtrelection. A term of office is fecommended as 9 years hcywever if Twstees are willirvJ lo crmtinue aThJ have vJuatde skills they wll be fe-elected. Taking into cOns￿eration the nattjre of the work thal The Chadotte Sirakef Project uThYertakes. the Executwe Committee seek lo ensure that the needs ol the sector of the communty that it sewes are appropriately reflected through the diversity ol the Irustee arKI Ihat colleetivety the trusteès have the skills required lo enable the Charity lo opeiale effectNety. This is an orMJoing pro￿$. as is an endeavour to aniicipale su￿¢s510n planning lor the Trustee cohort. The methcKI ol aprxintrnent ol trusiees was uplatedl￿VIeWed in 2020 and is now as sel oul below. This method ol appointment is managed by the EX￿Ut4¥e Committee reviewing the current thillsel and loolung 10 augmeffl where appropriate. Trustees come from very diverse backgrounds and Iherefore have a number of sknlls to offer The Charlotte Siraker Projed. These includg rnedical. Clinic￿. legJ, finaneial. property and rnanagerial. There are specific skills in safeguarding and ￿re provision arMJ Iherelore there is an ex¢dlent representation on the ExeculNe Committee. In the year 2020121 we appointed three new Trustees: Maureen Goidon Jamie Whelan Peler Willey These new appointees slrewhened the skiltsets that Chark)tte Straker Pro1￿1 thks Io gmb8d in the Executive Committee. 11 appropriate to mention here that Gor(Jon Parfrtt (Treasurer) reliied on 31 May 2021 Jamie Whelan has been recruite(J as a replacement. Organlsatiorwl structure Executive ComrThttee Ilhe board of trustees} meet every quartgr. The meetings have had to take ￿a¢e via Zc0m￿earns to allow distancjng aTrJ b￿aUse some T￿￿tee$ were shielding. The Chair ensured thar any urgent business was uThYertaken. These Executive Committee meeiings inclLKle the Registered Manager. lo whom day to day responsibility for delivery of care and Ihe running of the care home lacilty is delegated. This resFonsibility includes managing the appropriate budgetary areas set out by the Treasufer and Chair. The ddegation does not include overall financial and strategic reswnsibilrties of the organisation. this is managed by the Treasurer (with oversight from the Chairl through the Finance and Governance Cofflrnittee aTrJ Strategic Developmeni Committee which both rewrt to the Executiv8 Board. The manager is a member ol both these Committees. The manager does not have voliry rMJhls. There is a.. - Chwr - Vice Chair Treasurer - Company Secretary Page11

THE cHARLO￿E STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2 STRUCTUR& GOVERNANCE AND MANAGEMENT Organlsallonal structure There are five main commillees.. _ all chaired by Trustees.. Strategic Developrnent ISDCI - Chair Gavin Quality laci - Chair Ann Wagstaff Finance and GovernarKe {F&G} - Chair Gor¢knn Parfitt and Tfeasurer (from November 2020 Peter Wood took on role of Chair) FuThJraising (FRI - Chair Aroela Jones Nominations INCI - Chair Beren￿ Groves The current Board sIr￿t￿re and Reporting ￿ne$ are as detailed t¢l¢)w on Ihe diagrarn BOARD STRUCTURE Contd FIn￿ce OJJal¥y FunL1 Raiwe Task and Finish Groups have continued to meet as necessary - main tLKUS has been on a new IT system which will include improved eare Fyans. also the COVID-19 managemeni meeting whth discusses Irequent ehanoes in guidance and imFAemenis new pr¢xesses. The board sIr￿l￿re and rekKlrting lines are revwed from lime lo time as the organisation evoEves and the needs of OUT reshdents changes. Page 12

THE CHARLOTfE STRAKER PROJEcr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21Y21 STRUCTURE. GOVERNANCE AND MANAGEMENT Inductlon and tralnlng of nv•¥ trustees The current twslees are familiar with the pract￿1 work of The Charlotte Slraker Project. As slated we regulady rewew and ￿ale OUT IrNJuction ar¥J Training for new Iruslees, the lasl swh upjaie being in 2020. Any prospecbve appK)intment of a trustee is discussed ai a Nominat￿￿nS Committee and then presented lo the Executive Commrttee ￿lOre an aFvoaeh is made. 11 the proposal is agreed the Chair meets with the potential new trU￿ee. to discuss the work of the charity and the role of a trustee. An 'Introductory Pack, of inlomation is provKJe(l and helshe is invited lo allend the following ExecLrtive Commfftee meeting as an observer and introduce themselves lo the Board ol Trustees. Following that meeting the trustees will discuss the apw)irrtment once more artl rf agreed as sutat4e aThJ. Su￿.eCt to all necessary checks being comKAeled. Ihe person V*ill be invrted lo become a irustee. New trustees attend indudion training sessions run by the Chwr and others which Cover the obligations ol trustees, Safeguarding training. Ihe main ¢J)cuments which set out the operational Iramework for the charty, Regulalory rewrts. the cuirenl finarKial aThJ the latest accounts. managefflenl accounts and future plans and obiecttves. For the last 3 years a number of Trustees have attermled Charity UFMJate seminafs run by our Solicitors - Sintons LLP ol Newcastle up)n Tyne and other professional organisalions. These events are designed to keep Trustees abreast of current thinkiThJ, develcpments and governan￿ issues in the Charitable sector. Attendance in this financial year has tr￿n somewhat curtwled bLrt virtual evems have ￿en held. Sintons also prowde a ¢wartedy upjate for each ExecJthive Meth"ThJ. d8tailiNJ matters of inlereswimportance lo the Care IrKluslry. and this has been imp)rtant given all ihe eytra conyderalions as a result ol COVID-19. They attended one ol ¢xJr Executive Meetings- the AGM and the reguLqr Execulwe Meetir4J which folbwed. Additionally Sinlons normalty attend our annual "Away Day" strategic thinking evenl along wrth one of our Executive Board meetings. We held an away day in August 2020 where we COndL￿ted an initial debrief of Steps lo date and discussed our future strategie plans. the event was hekj at Parish Hall lo allow social stancing to be in place - all Trustees atte￿Ied. Key managem•nt rernuneratlon The Iruslees are wesponsib￿ lor tstining thè eharity's senior marwement pay w1￿Y dec¥Jing on the salary ol the Registered and Deputy Manager. The bjard delwJates this responsibility io the Nomination Committee signed off by Finance arKI Governance Commitiee. The Flegislered Manager has the key operational leadership role in the charity_ Nationally the￿ is a dearth of good managws who are wepared lo manage Care Homes. It is important lo assure quality ol care that we are able both lo recruit retain the right person. Senlor rnanagement team The last year has seen ￿nIfiCan1 ¢haffje in the Senh)r Management Team. wrth the retirement of the Registered Manager as was. in December 2020. The incoming Regi￿ered Manager then commenced in post, in a Iransittonal role. in August 2020. assuming ihe role proper from 31st December 2020. A considerable chJlerwJe was posed lor the Sen￿r Management Team over the wurse of the last year, as the pandemic ol COVIO-19 ev0￿ed and, Ihrough the two oulbreaks suffered by Chartotte Straker. Personal experiences with COVID-19 have dep￿ed the ieam during the course of the year, rendering progress through each role less than would be Pfeferred. More r￿entty. the rwt holder ol the Deputy anager role has re$￿fted. arKI this role is currentty t￿'r￿j recruiled. Page13

THE CHARLOTfE STAAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 MARCH W21 STRUCTUR& GOVERNANCE AND MANAGEMENT Senlor management team The current Senior Managemenl Team structure consists ol Registered Manager. ak)ngsKJe an Interim Senior Clinical Nurse Lead. Working roles whilst the team is dep￿led have been revised, with the Registered Manager takirwj a much more active role in the day-ltrday oversight ol the nwjs of the service. whilst supEKJrtiNJ the development of Ihe Interim SenK)r Clinical Lead. Focus aeross the first six mnths ot 2021 has been of reeovery pjst outreak of COVID-19. which saw a sioniticanl interruption to bu*ness and loss ol elientele, akJngsKYe the required adherence to and inlerpretalton of Government reqU1￿ments in relation to Wsiti￿ in Care Homes lor 0￿r people. are North East The Charlotte Slraker Project ts a member of a trade organiSa￿n. ca￿ Nor1h East ICNEI. wh￿h k)oks al the ierins and conditions ot the Contractu￿ arrangements with Northumberland County Council INCC). We continue our membership ot this organisation to ensure residents are adequately SUFPOrted by NCC. The contract variation agreed wrth NCC in 2tr20, durirvJ the first year ot the parKJemic, ran until 31 March 2021. Negotiations had been takiry place L￿￿leen CNE arKI NCC regarding a new 3 year contract which was fell by The Charlotte Straker Project to be disa¢fvantageous in part lo Care Hornes e.g. it not truly reflect oThJoing costs ol ihe pa￿lem￿. After a delay in sbJning some COr￿SSIOnS were made by NCC and placed in a contract variation lo the mwn new 3 year ￿ntract wh￿h was signed by us in late April 2021. General Data Prolection The annu￿ review ol GDPR arrarvJements in all settings (offices. nurses. staiion. treatment r¢)omsl within the organisalion was urylertaken by a irustee in June 2020. RestrictK)ns in visiting as a re￿￿1 of the pandemic meant that this was undertaken virlually by intermews wilh relevant staff a VKleo lour of office space and nijrses, slalion. This process Klentilied our progress in imp￿MentIng GDPR. lisliro the CLsrrenl St￿ nglhs and weaknesses of our arrangements. A retKSrt was then submrtted, and action p￿ntS approved by the Board ol Trustees. Further improvements in the slorage arKI seeurity ￿ data were noted following the ott￿e extension dwelopment which was ￿Mpleted in March 2020. Siaff and tralnlng The staff tearn at Charlotte Slraker conssts of.. Housekeeping team C¢)oking and catering ieam Nuwng and Care team Administration tearn The last year has seen minimal thanges in the staff team. in terms ol leavefs, as follows.. ROLE istered Mana Mana NUMBERS OF LEAVERS REASON FOR LEAVING etirement e-kjcalion lo horne count ns Retirement Re-location urse are Assistants are Assistant are Assistant da ni hi bank Page 14

THE CHARLOTfE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IAARCH 21f21 STRUCTURE. GOVERNANCE AND MANAGEMEKr Staff and training The staff team experienced unparalleled levds of absence, through an outbreak ol COVID-19 which saw 44 staff linduding those #lentified as leavers) i1w￿le0 for a mirimum ol len days isc4ation. Supporting the staff team through the paThlemic arnl the aftereffects of such an eveni has involved a multi-faceted approach which has i￿l￿ded.. Inc￿ased presence ol our Chair, Senior Managers and Trustees Wellare calls lo staff by Iruslees Counselliry services wovided lo staff Increase in communicatKyE to slaff wa weekty meetings Siaff Trnlnlng The locus on staff trainir4J over the coutse of the last year has primarily been through eLearning meehanisms and a clear focus on maThJatory aspects ol learning. ￿On9$1￿8 infection pr8venlion and ¢onliol processes. There has ￿s0 been a key locus placed LWI rnerrt￿ health SLWrt arKI welleiThJ. with a number of staff completing Ihe Menta] Health Firsl Aid tranirvJ course. via a plattorm. Rlsk management The Iruslees have a duty to identify and review the risks to which Ihe charity is exposed and io ensure appropriate controls and mffigating actions are in ￿ace io provide reasoftab￿ assuranee against consequences. fraud aThJ error. The trustees continue to review twsiness risks a￿1 have an active and systematic risk management strategy. The Ident￿Ing ot risk ttwoughoul this year has had one dominant aspect - that of a COVID-19 outbreak. Clearly this spills out inio the whole being ol The Chartotte Straker Projecl risk io residenls, staff, the community and evenlualty lo the very exislertt of the Charity. We managed this through high levèls of control in our operation never seen before - thi8 was successful until the very end of December 2020 when sadly we suffered an ¢JUtbreak wh￿h had a wnrficant effect on The Charlotte Straker Project, aThY this has been detailed elsewhere in Ihis Trusiee Fleport. For the majority ol the year Trustees ran extra clinical meetinos and lormed a special COVID-19 Group that met weektylfortnighlly lo hearlunders1an￿p1an the immediale way forward. The abov8 paragraph ￿entitieS how The Chadotte Slraker Project has managed. and continues to manage. COVID-19 in addition lo our "nom)al straiegy" This involves Klentifying the types ol risks the charty laces, priorilising them in terms of irrpact and likelihood ol (mi￿ence and trying to identify means ol mitigation. We have tried over lime lo review the tKJsiness risks Ihat M￿ht face us at any gtven lime and adopt a strategy to mitigate these as mud) as possitje. Each Board Committee has their own Risk Register. wth the hJ￿r rated risks on the Cornmittee Regtslers lorming the Organisatvjnal Risk Register IORRI, whith is revwed at each Executive Meeting. To keep eyes focussed on major risks Trustees have revised upwards the risk seore that determines wh￿h risks app8ar on the ORR. Thus. the ORR represents the major risks Kjenlith'ed by ihe indwidual Board Committees. Whil$t land as noted eartierl there was no ExecthNe MeeiÉrYJ in MaTeh 2020 aThJ h￿e no ORR review, Trustees and Management have been lully locuss￿ on the ettecls ol the Coronavirus risk - for example, by the formation ol COVID-19 & clin￿ growts 107r20 no¥y ￿rged) that met wgekty with the merged COVID-19 group continuing to do so. Page 15

THE CHARLOThE STRAKER PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 REFERENCE AND ADMINISTAATIVE DETAILS Reglstered Company number 02756650 (England and Wales) Reglslered Chathy number 1021086 Reglstered offlce Charlotte Slraker H(x￿e CoDkson Close. Cothjridge NorthumberlarKI. NE45 5HB Trusteeg Ms B Groves Chair Ms L Woottock Vu Chatr unlil 5.10.20 G Partitt Treasufer {resigned 31.5.211 Dr W F Cunningham Lacly A M Blackett P Wo(xJ Vice Chair from 5.10.20 R A Dixon N E Braithwaite G M Black MSMEAJo￿S M F Pottage Ms M A Wagstaff S M I'Anson J R Whelan (apk>Jnted 14.12.201 P G Willey laFwinled 17_3.211 Mrs M Gordon {appoinled 17.6.201 Company Secretary N E Braithwaite Senior Statutory Audltor Michael Wran 8A FCA Audilors Robson LaKller Accounlants LimFied Statutory Auditor Fernwood House Fernwood Road Jesmond NeKaslle upon Tyne Tyne and Wear NE2 1TJ Solicilors Sinlons LLP The Cube 8arraek Road Newcastle upon Tyne NE4 6DB Paje 16

THE CHARLOTTE STRAKER PAOJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21x21 REFERENCE AND ADMINISTRATIVE DEfAILS Banking CAF Bank Limrted 25 Kings Hill avenue Kings Hill West MalliNJ Kent El9￿a Lloyds Bank CSU Chartlon Place Chartton Road Andover Hants SP10 1RE Virgin Money Jubilee H(￿e Goslorth Newcastle upon Ty NE3 4PL STATEMETr￿ OF TRUSTEES. RESPONSIBILtnES The trustees (who are also the rjiwlors of The Charlotte Straker Project for the purpose5 of company lawl are responsible for preparing the ReFQrt of the Trustees and the financial slalements in accordance with awlicable law a￿1 United Kingdom Accwnting SlaThJards (United KIn￿10M Generaly A￿pIed k¢ounting Practice). Company law requires the trU￿ee$ to prepare financial statements tor each fiftanual year which give a true and lair view of the stale ol affairs ot the chaliiable company arKI ot the incomirvJ resources and applj'cation ol resoijrces, includiNJ the income and expenditure. ol the tharitable cowy for that peiicJ. In prepariro those financial slalements, the trustees are required to seleel suitable acctyJntiro policies and then apwy them c0nsisièn￿y. obseNe the methods and principles in the Charity SORP,. make judgements a￿1 esbmales that are reasonatAe arKI WLJenl.' wepare the finanu￿ slalemenls on the going con¢eTn basis unless rt is inarwopriate to presume that the ¢haritat4e ￿MpanY will continue in ￿￿kno$s. The trustees are responsible lor keeping pr¢W aCC￿nting records wh￿h discFose wlh reasonable accuracy at any time ihe financial kKJSitK)n of the charrtable company and lo enable them lo ensure that the financial statements CoM￿Y with the Companies Act 2006. They are aL80 responsiUe for safeguarding Ihe assets ol the charilatje company and hence for taking reason*Ae steF6 for the wevention and detects'on of tra[￿ and other irregularilies. In so lar as the Irl￿tee5 are aware: Ihere is no relevant audil infrntion of which the charttthe Companys authtots are unaware; and the trustees have taken all steps that they ought to have taken to make themsefves aware of any relevant auth"t information aThJ lo estaL4ish that the auditots are aware ol tr￿t information. Page 17

THE CHARLOTTE STHAKER PROJEcr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2tr21 AUDITORS The auditors. Rc*)son Laidler Ac￿Untants Limrted. will be WOFrfJsed for re-74>poTrnlment at the forthcoming Annual General MeetirrfJ. Rep)rt ol the Iruslees, inco company directors, on .... orating a slral report, approved by order of the board ol trustees, as the and syned on Ihe trxsards behalf by.. Groves . Trustee Page 18

REPORT OF TrIE INDEPENDEKf AUOITOAS TO THE MEMBERS OF THE CHARLOThE STRAKER PROJEC[ Oplnl¢)n We have audrted the linanual statements of The Charlotte Slraker Pro1￿1 {Ihe 'charilable company'l foi the year ended 31 Mareh 2021 which comprise the Si￿ement of Financial Aclivilies. the 8Jance Sheei, the Cash Flow Sialement and noles lo the fina￿1￿ staiements, inclLMJing a summary ol s￿nifICant accounting licies. The financial reporting framework that has been applied in Iheif kyeparalion is applicable law and United Kingdorn Accounting Standards (United KiT￿0M GenerJly Accepted Accounting Practice). In our opinion the finawal slalemenls.. give a true and fair v￿W ol the slate of the charrtable coMpan￿S affairs as al 31 March 2021 and ol its incoming resources and appA￿allOn ol resources. ind￿￿n9 its irthme and expenditu￿, lor the year then e￿ied, have ￿en properly prepared in ￿Cord￿8 wrth United King¢J)m Generally Accepted Ac￿￿ntIng Practice,. and have been prepared in accordarKe with the rwuirements of the Companies Act 2C#J6. Ba818 for oplnlon We conducted our audit in accoidance wilh Intemational Standards on AL￿111￿j IUKI IISAS IUKII and appl￿ble law. Our responsilylilies undei Ihose standarts are further described in the Audilors. responsibilities for the audit of the financial slalernents sectvjn ol our re￿rt. We are independent ol Ihe charitable company in accordarKe ￿th the eth￿al requirements that are relevani io our audit of the financial stalemenls in the UK, indudir#J the FRC'S Ethul Standard. arml we have fulftlled our olher ethical responsibililies in accordance with these requiremerrts. We ￿lIev8 that the audit eVKIen￿ we have obtained is sufficient and aFpropriate to provth a basis for ¢JJr opnion. Conclusions relating to going concem In auditing the financial statements. we have condLKled that the trustees. use ol the going concern basis of accounting in the preparation of the ffinanci￿ statements is aFpropriale. Based on the Work we have pertormed, we have not Klentslied any material uncertainties relating to events or nditions that, individualty LW comeclively, may cast svJnificant doubt on Ihe ehaTltable company's ability to continue as a going concern for a ￿riod of at least twefve months from when the finanaal slalemenls are aulhoiis&J for issue. Our responsilylilies arKI the resp)nsitilitw of the trustees with respect to going concern are described in the relevanl sections of this report. Other Informatlon The trustees are reswnsible for the other information. The other inlormalion comprises the information included in the Annual ReFQrt, other than the. finarKial staiernènts and tyjr Report of the Independent Auditors thereon. Our opinion on the financial slalements does not cover the other inloimalion and, except lo the exlenl oiheNise explicidy stated in our rewrt. we do not express any forn of assurance (￿nClusion thereon. In conneclion with our a￿lIt of the finartial ststemenls. wr resKy)nsibility is lo read the other information and. in doing so, consider whether the other intomiakn.on is materially incortsistenl with the financial slalements or our knowledge obtained in the aL￿1t or otherwise atpears lo be materially misstated. If we Kjentsfy such material inconsistencies or apparent material miss1￿eMents. we are required lo determine whether this gives rise lo a malerid misslalement in the linanual statements themselves. 11, based on the work we have performed. we condLth that there is a material missiaiement of this other inlormalion. we are required lo report that lacl. We have nothing to rep)rt in Ihs regard. Oplnlons on other rnatters prescrfbed by Ihe Companies A¢t 2006 In our opinion. based on the work undertaken in the course of Ihe aLxlit.' the information gwen in the Repon ol the Trustees for the fina￿& year for which ihe financial slalements are prepared is consistent wlh the linancial slalefflents.. arKI the Rerrf)rt ol the Trustees has t￿n pfepared in aCCordar￿e ￿th aprAi¢able kgal requirements. Page 19

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE cHARLO￿E STRAKER PROJEcr Matters on whl¢h we ort required to report by ex¢eplkni In the light of Ihe knowledge and understanding ol the charitable company arKI its environrrnt obtained in the course of the audit, we have not identified material misstatements in the Rep)rt of the Truslegs. We have nothing lo report in resF¢cI of the followry matters where the Co￿￿)8n1es Ad 2006 requires us to report lo you if. in our opinion.. adequate accounting records have not been kept or returns adequate lor our audit have been received from branches not wsrted by us: or the financial statements are not in agreement with the aceountiThJ reeorts retums,. or rtain disclosures of tTUStees' remuneTab"on specrf" led by law are not made. or we have not recewed all the informakn.on and explanations we requiie lor tyJr a￿1[1. ResponsltAiitles of trustees As explained more lully in the Slalemenl of Truslees. ResKx)nsitsIit￿s, the trustees (who are also the directors ol the charitable company for Ihe FKJrposes of company lawl are responsible lor the preparation of the financial statements and lor beir4J salislied that they give a true and lair view. and for such intemal control as the Iruslees determine i8 necessary lo enable the proparalion of linancial stalements that are free Irorn Materi￿ misstatement. whethef due lo fraud or error. In preparing the financial statemenrs. the trustees are respxN)sible for assessiNJ the charitable company's abilty to continue as a going concem. L'scbsirKJ, as a0￿able. matters ￿lated lo goiThJ concern and using the going concern basis of accounliNJ unless the Iruslees eilher interxl to IKiuidale the charitabk company or lo cease operations, or have no realistic alternative Ixjl to do so. P&3e 20

REPORT OF TrIE INDEPENDEpif AUDITORS TO THE MEMBERS OF THE CHARLOThE STRAKER PROJECT OUT responslbililies for the audlt of the Ilnanclal slatements Our objectives are to obtain ieasonable assurance about whether the finanoal stalernents as a whole arg free from material misslalement. whether due io fraud or error. aNJ to issue a Report ol the Indepen08nt Auditois that inclLKles <yJr opnion. ReasonatAe assurance is a hKJh level ol assurance, but is not a guarantee thai an audit conducted in accordance with ISAS (UK) will always delecl a material misslalemenl when it exists. Misstatements ean arise from traud or error and are consNYered Materi￿ il. individually or in the aggregate. Ihey could reasonably be expected to inflLJence the econom￿ decisions ot useis taken on the basis ol these financial statements. Irregulaiities. I￿uding fraLMd. are instances of non-comF4iarte with laws a￿1 Tegulalions. We design procedures in line with our reswnsit¥'liiies. outlined a￿Ve, lo delect material misslalemenls. in respect ol irregularrties. including fraud. The exlenl to which our procedures are capable ol delecling irregularities. including Iraud is detailed below: Based on our underslarKlirrfJ of ￿ charity, we cor￿luded that the charity is S￿l"eCt lo certwn laws and regulations and is overseen by tsJth the Charity Commission aTrJ the Care Quality Commission and compliance with laws and regulations set arKI monrtor&J by those regulatory bodies. are therefore central lo the charity's operations. We have consKlered corn￿￿￿nee wrth Ihese regulat￿nS as part of our aLNJil work. We have also considered those laws and regulations thai have a dIr￿t impact on the finarrial statements of the charity such as the Cornpanies Act 2006 and UK tax legislation. ALKJit procedures perfomied as part of our audit ir¢bJe'. Discussions with Iruslees arKJ key management rogardirwJ any known or suspgcted instances ol non<om ￿lance with laws arKI regulations and fraud.. Evaluation and leslirwJ of the operaliNJ effectiveness of the c*arity'S Q)ntrols which are designed to Prevent and detect any such irregularilies., Reviewing minutes ot Board meetings held during the year under review" Reviewing reFK)rts arxl corresporMYence pYcKlueed by the Care aualrty Commi8str?n, with respect to our client., Identrfying and testing joumals based on risk criteria. There are inherent limitations in the audil procedures (xjllineo above and there is no guarantee tt)at our procedures would a￿VayS a rnaterial misstaternent that exists. We also note that the risk ol not deteding a material missiaiemenl due lo fraud is highw than the risk of not detecting one resulting from error, as ITaud may involve ddiberate concealment or collusion. A further description ol our reskKinsibilrties tor the audit ol the financial slalemenls is located on the Financial Reporting Council's website at wvrn.Irc.org_ukJauditorsresponsit¥lilies. This description forms part ol our Rewrt ol the Independent ALKlilors. P￿e 21

REPOAT OF THE INDEPENDENT AUDfTORS TO THE MEMBERS OF THE CHARLOThE STRAKER PROJECT Use ol our report This report is made solely to the charitable CoMpan￿S members. as a LNx1y. in aceordance with Chapter 3 01 Part 16 01 the Companies Aet 2006. Our aL*Yil work has been undertaken so that we M￿ht state to the haritable eornpany's members those matters we are required to state to them in an aud(tors' report and for no oiher purpose. To the lullesl extent rermitted by law, we do not ac£epl or assume responsibility to anyone other than ￿ chariiable company and the charitable company's mentsrs as a body, lor our audit work. toi ihis report, or for the otinions we have ftYmed. Michad Moran 8A FCA {Senior Statutory Al￿rto[l lor and on tehajl of Flobson Lahdler Aecountants Limited Statutory Auditor Fernwood House Fernwood Road Jesmond Newcastle uwn Tyne Tyne and Wear NE2 1TJ Date.. Page 22

THE CHAHLOThE STRAKER PROJECT STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2021 2020 Toial fvnds unrestrtct￿j A￿r￿d Er*Yowment frJrKts fuThls Total lunds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 192,622 57,047 249.669 100.903 Charltsblo a¢tiTAties Residenlial and nursing 1,158M12 1.158.812 1,250.277 Other trading activities Investrnent income 36,566 36.566 33,602 7,583 Total 1,394.069 57.047 1,451.116 1,392,365 EXPENDITURE ON Raisirrfj fuTrJs 1160 2,160 15.515 Charllable actlvltles Residential and nursing 1A73,827 43,003 1.616,830 1.379.673 Total 1575,987 43,1)03 1,618,9 1.395,188 Nel gainsllknssesl on investments 24 7861 INCOMEIIEXPENDITURE) (121388) 14.044 {108.344) 127.6091 Transfers between funds 18 9 333 244) Nel mo¥em•nt in funds (113.055) (89} {108.344) 127.6091 RECONCILIATION OF FUNDS Total lunds brought forNard 1,338,363 5,713 1W,136 1,371,745 TOTAL FUNDS CARRIED FORWARO 1 235 792 1.344,136 The notes form part ot these financial statements Page Y3

THE CHARLOThE STRAKER PROJECT BALANCE SHEET 31 MARCH 2021 2020 Total funds UnTesiitI￿ Restr¢ted Endowment Js lund Total funds tes FIXED ASSETS TanglE￿e assets Investments 12 13 416,1)06 416,0 410,065 174 341 650,799 584.406 CURREKf ASSETS Debtors Investments Cash at bank and in harKI 14 15 41416 22.657 44,416 22,657 37,810 67.517 712,489 5M4 6x543 817.816 CREDITORS Amounts falling due wlhin one year 16 (6W) {68XO) 158.0861 NEf CURREKf ASSErs 759.730 TOTAL ASSETS LESS CURRENT LIABILITIES 1225,308 1.235.792 1,344,136 NEf ASSETS S 684 1 f35 792 1,344.136 FUNOS Unrestricted funds Restricted funds Endowment funds 18 1,225,308 1,338.363 S.773 TOTAL FUNDS The financial statements were approved ty the Board of Trustees and aLrthorised tor issue on f./.A*l.2•.2J......... and were signed on its behall by". roves - Trust J Whelan - Trustee The notes form part of tW financial statements Page 24

THE CHARLOTTE STRAKER PROJECT CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Noles Cash Ilows fr¢)m operallng actlvlties Cash generated from operations Interest paid Finance costs paid {69,4341 1701 112.482 1651 10.036 Net cash lused inllprovided by operating aetNities 102 381 Cash flows frorn Investing a¢liviti8s Purchase of tangible fixed assets Purchase of lixed asset investments Sale ol tangible fixed assels Sale ol fixed asset investments Inlerest received DivKlends received {510891 (8,795) 1169,9691 1199,8861 1,070 199,195 4,310 7,873 2.249 Net cash used in investing act￿lI1e$ 162 0071 Change in cash and equivalents in the ieporting period Cash and ¢a$h equivalents at the beginning of the reportlng period (126,019) 159,6261 71 772.115 Cash and cash equivalents at the end of the reporting perlod The rK)les form part of these ffinartial statements Page 25

THE CHARLOThE STRAKER PROJECT NOTES TO THE CASH FLOW STATEMENT FOR TrIE YEAR ENDED 31 MARCH 2021 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2021 2020 Net expendlture for the rewllwj per11￿ (as per the Statement of Financial Actlvltles) Adlustments for: Depreeialion charges (Gainlnosses on investments Loss on disp)sal of fixed assets Interest re￿IVed Interest paid Finance costs DividerKls receNed Movement on current assei investment Ilncreaselldecrease in debtors Increaselldecreasel in creditors (108,344) 127.6091 45,685 (59,5301 43,789 24,786 244 {4,3101 65 10.036 13.2731 111,8631 95,366 <U49) 10.036 (3,820) 44,860 {6,6(￿) Net cash (u8ed in)Iprovlded by operallons ANALYSIS OF CHANGES IN FUNDS At 1.4.20 Cash flow At 31.3.21 Net caah Cash at bank and in harbj 586 470 586 470 Llquld resources Deposits included in cash Current asset investments Tolal 609127 The noies fom part of these ffinanck￿ statements Page 26

THE CHARLOTfE STRAKER PROJEcr NOTES TO THE FINANCIAL STATEAqEpfrs FOR THE YEAR ENDED 31 MARCH 2021 AccoupinNG POLICIES Basls of preparlng the financlal statements The financial statements of the chariiable company, wknch is a publ￿ benefil entity under FRS 102. have been prepared in aC￿rdan￿ wrth ihe Charities SORP IFRS 1021 'AccountiThJ and RewrtirKJ by Charit￿S.. Slaiemenl ol Recommended Piactice artyicable lo charities preparing theii accounts in accordance wilh the Financi￿ Reporting Standard applicat4e in Ihe UK and Republic of Ireland IFRS 1021 leffective 1 January 20191., Financi￿ Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic ol IrelarKI' arKI the Companies Act 2006. The financial statements have been prepared urKler the historical cosl convention. wilh the exception ol investments which are included at market value, as modified ty the revaluation ot ￿rtain assets. Company ststus The charrty is a compary limrted by guarantee. The ￿rnberS ol the company are the Twslees. In the event of the company being wound up, the liknlty in respecl of guarantee is limited 10 £1 per memb8r ol the conwany. Critical accounllng judgements and key sources ol estimation uneertainty Estimates and judgements are continualty evaluated arKI are based on historical experience and other lactots, includiThJ expectations ol fuiure eve￿$ that are believed io be reasonable under the C1￿uMstanCes. The charity makes eslimales and assumptions cx)ncerniro the fulure ot the charity and by definition the aclual results are often different to these eslirnales. There are rK estimates and assumptions that have a wgnilicant risk of cau￿r￿j a material adjustment to the carrying amount ol assets or liabilities within the foreseeable future. Income All income is reccJnised in the Slatement of FinarKial ktsvils once the tharity has entitlement to the funds. it is wobable that Ihg income will be recebved arKI the arrwnl can be measured reliabty. Expendi￿re Liabilities are recognised as experKliture as soon as there is a legal or constructNe obligation committing the charity 10 that eX￿ndrture. it is probthe that a Iransler ol economic benefrts wll be required in Sett￿ment and the amount ol the obligation can be measured reliably. Expenditure is accounted lor on an ￿Tu￿S ba&s and has been da$$rf￿ under headings that aggregate all cost related to the category. Where costs cannot be diredy attributed to particular headings they have been allocated lo activiljes on a tJasJ"s consistent with use of Tesources. Tanglble flxed assets Depreciation is provided al Ihe frAlowirvJ anThJal rates in order lo vrrite off eath asset over its estimated useful lile. lfflprovements to woperty 10% on re¢hJcing balarte. 3.33% stra¢ghl line basis and Straight line over 10 years on reduong balance and al varyiThJ rates on Fixtures and fittings Computer equipment 33% on cost and 33% on reckKing balan Taxati+Jn The charity is exempt from corwralion tax w its charitatle acliwlies. Fund accounting Unrestricted lund5 can be usgj in ac￿rdance with the eharitable objectives al the discretion ol the trLslees. ReslrKled furnts can only b8 Ljsed for particular restricted wrposes within Ihe oty'ecls of the charity. ReslrKlions arise when speulied by the thnor or when funds are raised for particular reslricied purposes. Page 27 continued...

THE CHAALOThE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMEp¥fs- contlnued FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES- contlnued Fund accountlng Endowment funds are assets which must herd by the charity. Principally investments. the income arising from which can be used in accordance with Ihe L*4"ectNes ol the charity and ts i￿l￿ded as unrestricted i￿Ome. Any cathl gains or k)sses arisirvJ on the investments, torm part ol the fund. Investment management charges and legal ad¥￿e relaiing lo the funds are charged agJnsl the fund. Further explanation of the nature aThJ wrrx)se of exh fund is i￿luded in the notes to the financial slalements. Hlre purchase and leaslng commltments Rentals paKI urKlef 0￿rat1￿J ￿aSe$ are charwj to Ihe Statemerrt of Financial Activities on a ￿TaIght line basis over the pen(Kl ot the lease. Pension costs and other posl-rellremenl beneffts The charitable company ￿rateS a defined contribulion pension scheme. Conlritxjlions payable lo the charitable company's pen￿On scheme are charged to the Statement of Financial Activities in the perK)d to which they relate. DONATIONS AND LEGACIES 2020 Donations Legaeies Grants 79,116 28,146 616 Grants received, in the at¥)ve, are as follows: 2020 Communty Foundation Northumbgrtand County Cwncil 83.034 72.141 72.141 OTHER TRADING ACTIVITIES 2021 2020 Fundraising events Olher i￿ome 3,860 706 32.552 36.566 33.602 Page 28 continued...

THE CHARLOThE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMETrttS- continued FOA THE YEAR ENDED 31 MARCH 2021 INVESTMENT INCOME 2020 Other inveslfflenl income DeFY)sil account inlerest 3,273 4.310 7,583 INCOME FROIA CHARITABLE ACTIVrnES 2021 2020 Nursing and care ResKlenlial arKI nursirvJ 1158812 1 250,277 RAISING FUNDS Ralslng donallons and legacles 2020 Fundraising ￿St$ 15,515 Other trading activilio$ 20 2020 Bad debts Aggregate amounts 15.515 CHAArrA8LE ACTIVITIES Costs Direct Costs FlesKlenlial and nursing NET INCOMEIIEXPENOITVRE) Net incomel{expendilurel is slated aftef ¢harG1￿(￿ed1t1ngI- 2021 2020 Depreciation- owned assets Hire ol plant and machinery Deficit on disposaj ol fixed assets 43,789 2,528 244 3,962 Page 29 continued...

THE CHARLOTTE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 IAARCH 2W21 TRUSTEES. AEMUNERATION AND BENEFrrs There were no Iwstees, remuneration or other benefits lor ￿ year end&1 31 March 2021 nor lor the year ended 31 March 2020. Trustees, expenses There were no trusiees. expenses pahl for Ihe year ended 31 March 2021 nor for the year eThJed 31 March 2020. Twstee indemnty insurance costs an￿Unted lo £1,971 12020: £1.7921 thring the year. 10. STAFF COSTS 2020 Wages and salaries Social security costs Other pen$K>n ¢osts 1.088.657 69.501 889,327 57,281 1 184435 970.149 The average monthly number of enwees ¢JJring the year was as follows: 2020 Adrninistralive Key management Nursing and care stsff 55 63 61 No em￿OyeeS rewved emolunnts in excess ot £60,CQ). Remuneration totalling £84.553 {2020: £93.8751 was p•d lo an average of three key management personnel during the year. 11. CQMPARATIVES FOR THE STATEMEiff OF HNANCIAL ACTIVITIES Unrestricted Restricted Ernlowment lurKIs funds lurKJ Total funds INCOME ANO ENDOWMEP4TS FROIA Donat￿n$ kg￿¢$ 78.TT7 22.126 100,903 Charflable actl¥lts Residential and nuNng 1.250.277 1,250.277 Other trading activities Irwestment income 33.602 7.583 33,602 7,583 Total 1.370.Z39 22.126 1,392.365 EXPENDITURE ON Raising funds 1S.515 15.515 Charitable a¢tivities Residenlial and nursir*3 1,379,673 1,379,673 Page 30 continued...

THE CHARLOTfE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 MARCH 2021 11. COMPARATIVES FOA THE STATEMEKf OF FINANCIAL ACTivmES- contlnued Unrestricted Restricted Endowment fu￿1$ T￿al funds Total 1.395.188 1,395,188 Net gainslllossesl on investmenis 24.7861 24 7861 NET INCOMEI(EXPENDITURE) 149.7351 22.126 127,6091 Transfers betWOon fvnds Net movement In funds 125.994) 11,4611 11541 127.6091 RECONCILIATION OF FUNDS Total funds lyought lonvard 1.364,357 1.461 5.927 1.371,745 TOTAL FUNDS CARRIED FORWARD 1.338.363 5.773 1.344 136 12. TANGIBLE FIXED ASSETS lryjrovements to propety FixluTes and fillings Computer equipment Totals COST Al 1 Aprd 2020 Athlilions Disposals 341,842 20.931 21956 223> ￿40> 21,478 8,IK)2 870,549 51,889 Al 31 Mafch 2021 922 175 DEPRECIATION Al 1 April 2020 Charge for year 222.397 229,153 8,934 460.484 At 31 March 2021 391 253 493 506 169 NEf BOOK VALUE At 31 March 2021 Al 31 March 2020 12.544 410 065 Page 31 ¢ontinued...

THE CHARLOTTE STRAKER PROJECT NOTES TO THE FINANCIAL sTATEMEtr￿- continued FOR THE YEAR ENDED 31 IURCH 2￿21 13. FIXED ASSET INVESTMENTS Listed Unlisted investments investments Totals MARKETVALUE At 1 April 2020 Additions Disposals Revduaiions 124,555 49,786 8.795 {4.741) 174,341 8,795 (7.873) {3.132) At 31 March 2021 NET BOOK VALUE At 31 March 2021 Ai 31 March 2020 124.555 174 341 Of the above lolal listed inveslrnents, investments with a dosir¥J value al the year e￿1 of £114,487 (2020.. £76,954) were held in oveiseas equit￿. Cost oi valuation at 31 Marth 2021 is represented by". Llsted Unllsled investmenls Investments Tolals Valuation in 2021 Cost 55.755 3.775 59,530 14. DEBTORS: AMouTrifs FALLING DUE WIThIN ONE YEAR 2021 2020 rrade ijebtors Other debtors Prepayments and accrued 1￿me 18.228 2.650 6.875 15. CURREKf ASSET INVESTMEKrs 2021 2020 Unlisted investments 67.517 Page 32 continued...

THE CHARLOTfE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMEMfs- continued FOR THE YEAR ENDED 31 MARCH 2021 16. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2020 Tr&Je creditors Social securrty and otsr taxes Other creditors Atcruals and delerred income 29,256 15,487 29.228 14,884 321 13,653 16 17. LEASING AGREEMENTS Minimum lease payments under r￿n￿r￿elIable operating lea￿ fal due as follows: 2021 2020 Within one year 8etween one and five yws 4,642 3.974 18. MOVEMENT IN FUNDS Nel movement in lund5 Transfers between funds At 1.4.20 31.3.21 Vnwestrl¢ted lunds General lund Community Respite Bed Capital assei fund 1309,213 27,591 {121076) 16A25 17,192) 1,203.662 20.399 312 1,338,363 (122,3881 1.225,308 Restrlcted lunds Comrnunity Aespite Bed Community FourKlation Staff CounselliThJ Fund 9.244 (9244) 14,044 19,244) 4.800 Endowment funds EM Ea￿ardS FuThJ ST13 (89> 5.684 TOTAL FUNDS 1235 792 Page 33 continLJed...

THE CHARLOTfE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMEKfs- continued FOR THE YEAR ENDED 31 MARCH 2021 18. MOVEMENT IN FIJNDS- conlinued Nel moverrnt in furKls. inclL#Jed in Ihe above are as lollows.. IncomiThJ Resources Gains and W)vement resources expended losses in funds Unrestricted funds General lund Capilai asset fuThJ 14.069 {1.575.6751 31 59&30 (122.076) 1J94.069 {1.575.98n 59.530 (122,3881 Restricted funds Community Respite Bed Community FoUndat￿n Slaff Counselling Fund NCC Infection Control FuThJ 9244 9,244 4,800 4,800 TOTAL FUNDS 1451 116 Comparatlves for movement kn funds Transfers movement betsveen in tund5 lunds At 31.3.20 Al 1.4.19 Unrestrlcted funds Genera fund Development fund Comrnunity Restmte Bed C￿￿tal ass￿ fund 1,242,408 70.000 {49,345 116,150 170.0001 122.4091 1,309,213 27,591 1.364.357 149.7351 23.741 1.338,363 Reslricted lunds Communty Respite Bed 1,461 .126 123,5871 Endowment funds EM Edwards Fund 5.927 {1541 5,773 TOTAL FUNDS 1371 745 Pa9e 34 ntinued...

THE CHARLorrE STRAKER PROJECT NOTES TO THE FINANCIAL STATEMENTS- conlinued FOR THE YEAR ENDED 31 MARCH 2021 18. MovEMEP￿ IN FUNDS- ¢ontinued Comparative movemenl in lunds. inclLxled in the aLM)ve are as lo1th5.' IneomirKJ Resources expended Gwns and Movement losses in luTrds Unrestricted funds Gener￿ fund Capital assei fund 1.370,239 11,394,798) 390 124.7861 149,3451 3901 1,370.239 {1.395.188) 124.7861 149.73SI Restricted funds Community Resprte Bed 22.126 22.126 TOTAL FUNDS 1 392 365 A current year 12 months and prior year 12 months eombined p￿lbOn ts as fdlows: Transfers between funds movement in furKIs Al 31.3.21 At 1.4.19 Unreslrl¢ted funds General fund Development fund Community Respite Bed Capital asset fund 1.242.408 70.000 1171,4211 132.675 170.0001 129.6011 1.203,662 20.399 1.247 1.949 1.364.357 1172.123) 33.074 1,22S.308 Restricted funds Community Resprte Bed Community FoUndat￿n Staff Counselling Fund 1.461 91.370 132.831) 1.461 36,170 132.8311 4,800 Endowment funds EM Edwards Fund 5.927 (2431 5,684 TOTAL FUNOS 1,235 792 Page 35 continued...

THE CHARLOTfE STRAKER PROJEcr NOTES TO THE FINANCIAL STATEMEKfs- continued FOR THE YEAR ENDED 31 ￿ACH 2021 18. MOVEMENT IN FUNDS- contlnwd A cur￿n1 year 12 months arNJ prior year 12 mnths combi￿1 nel movement in fU￿ls, induded in the above are as follo￿. IncomirvJ resources Resources expended Gains and Movement losses in funds Unrestricted funds General fund Cawal asset fu 2.764.308 (2.970.473) 7021 34,744 1171,421} 7021 2.764.308 {2.971.175) 34,744 172,1231 Restricted lunds Community Respite Bed Communty Foundalion Staff. Counselling Fund NCC Infection Control Fund 31.370 31,370 4,800 43.003 43.0031 TOTAL FUNDS 2.843.481 3.014.178) Unffestrided Funds mm Two hall yearly inslalrnenls are receivable over the course of the period from the Roland Cookson Fund al the Community Foundation Tyne & Wear a￿1 NorthUMberta￿. The tunds are roceivable for general charitable purwses however an agreement was made to allocate this fund againsi nursing and care shortfalls with any balance to be offset againsi other charrtable costs at the discretion ol the Communty Foundation. One month of the quarters coniribLrtion has been deferred into the next period. This lund was set up in 2018 10 represent the net book value of garden fumiture purchased Ihrough le￿￿tIed lunding from Tesco Bags of Help. It is being reduced each year in line with the charity's deFyecialion policy. rnm ni The trustees have, in a pri?r year. deswJnated t50.(￿ ol geneTal unresln.￿ed fuTrJs lo the Community Resp'te Bed, monies which will be used io develop arKJ supp)rt this service. The balan￿ brought forward in this lund was E27.591 in 2021. Northumberland Coun Counol - Inl This fund was granted in early 2020 towards additional costs in0Jr￿d by the care home as a result of the CovKI-19 pandemic. The first round ol funding received from Northumberfand County Counal early 2020 had no reFQrtiry rewirements and C￿￿1 be spent at the charit￿$ discretion. Restricted Funds Communi Foundation An amount of £4,800 has been granted lo the charity by the Community Foundation lor the sole purpose ol staff counselling ses%ons lor members ol staff who have struggled working throughoLrt the Cwd-19 pandern￿. The full amount of this remained unynt in the year. Page 36 continued...

THE cHARLO￿E STRAKER PROJECT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021 18. MOVEMENT IN FUNDS- continued The second r¢)untJ of fvnding received late 2020 from Northumbedand County Council was also eived towards additional costs incurred by the care home as a result of the Covid-19 pandemic, however came attached with strict expenditure reporting requirements lo ensure that the funds are being spent on Covid-19 related costs for the care home. Endowment Funds EM Edwards Fund The permanent endowment fund ￿PreSents funds transferred to the charity for the benefit of the residents of Corbridge. The charity may use the interest on tspital. Transfers between funds Transfers between funds comprise the release of Community ResFxle Bed funds for the year and also the gain on the endowmenl fund investments. 19. OTHER FINANCIAL COMMITMENTS Under a 25 year management agreement be￿n the Charlotte Straker Trust and Home Group Limited. the charity, as successor lo the Trust, is committed to make payments to Home Group Limited in respect of management charges, major fepairs provIs￿)n and maintenance. The charges for the peri(Kl of these financial stalements were as follows."- 2021 2020 Service charges Property charges Finance charges 19,115 81.955 10,036 18,949 77.696 10.037 Ouring the year ended March 2011 the charity Home Group Limited £110.400 in relation to finance charges in advance of the next 11 years. Each year a proportion of the advance payment amounting to £10.036 is allocated to the slatement of firwnaal ackn"vities on a straight line basis. .20. RELATED PARTY OISCLOSURES There were no related paty transact￿$ for the year ended 31 Mar¢h 2021. Page 37