| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to 5 | ||
| Report ofthe Independent Auditors |
6to 8 | ||
| Statement of Financial |
Activities | ||
| Balance Sheet | 10 | ||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 12 | ||
| Notes to the Financial | Statements | 13to 20 | |
| Detailed Statement of |
Financial | Activities | 21 to 22 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total funds | |||||
| funds | ||||||
| Notes | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations | and legacies | 19,103 | 19,103 | |||
| Other grants | 48,227 | |||||
| Charitable | activities | |||||
| Residential | care homes and accomodation | 2,669,977 | 2,580,726 | |||
| Investment | income | 224 | 1,340 | |||
| Total | 2,737,531 | 2,601,169 | ||||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Residential | care homes and accomodation | 2,601,666 | 2,665,465 | |||
| Other | 2,247 | 2,247 | ||||
| Total | 2,603,913 | 2,667,712 | ||||
| NET INCOME/(EXPENDITURE) | 133,618 | (66,543) | ||||
| RECONCILIATION OF FUNDS |
||||||
| Total funds | brought forward |
861,839 | 928,382 | |||
| TOTAL FUNDS CARRIED FORWARD | 995457 | 861,839 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total funds | |||||
| funds | ||||||
| Notes | E | |||||
| FIXEDASSETS | ||||||
| Tangible | assets | 12 | 253,196 | 257,026 | ||
| CURRENT ASSETS | ||||||
| Debtors | 13 | 108,208 | 86,322 | |||
| Cash at | bank | 712363 | 581 976 | |||
| 820,571 | 668,298 | |||||
| CREDITORS | ||||||
| Amounts | falling due within one year | 14 | (78,310) | (63,485) | ||
| NET CURRENT ASSETS | 742,261 | 604,813 | ||||
| TOTAL | ASSETS | LESSCURRENT LIABILITIES | 995,457 | 861,839 | ||
| NET ASSETS | 995,457 | 861,839 | ||||
| FUNDS | 16 | |||||
| Unrestricted funds |
||||||
| Designated | funds | 250,000 | 200,000 | |||
| General | funds | 745,457 | 661,839 | |||
| TOTAL | FUNDS | 995457 | 861,839 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows from operating | activities: | |||||
| Cash generated from operations |
130,387 | ~91,257) | ||||
| Net cash provided by (used in) operating |
||||||
| activities | 130,387 | ~91,257) | ||||
| Cash flows from investing activities: Purchase oftangible fixed assets |
~810) | |||||
| Net cash provided by (used in) investing activities |
~810) | |||||
| Change in cash and cash |
equivalents | in the | ||||
| reporting period |
130,387 | (92,067) | ||||
| Cash and cash equivalents | at the beginning | of | ||||
| the reporting period |
581,976 | 674,043 | ||||
| Cash and cash equivalents | at the end | ofthe | ||||
| reporting period |
712363 | 581,976 |
| RECONCILIATION | OF | NET | INCOME/(EXPENDITURE) | INCOME/(EXPENDITURE) | TO | NET | CASH | FLOW FROM |
OPERATING |
|---|---|---|---|---|---|---|---|---|---|
| ACTIVITIES | |||||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| Net income/(expenditure) | for the reporting | period (as per | the | statement | |||||
| offinancial activities) Adjustments for: |
133,618 | (66,543) | |||||||
| Depreciation charges |
3,830 | 7,611 | |||||||
| Decrease in debtors Increase/(decrease) |
in creditors | (21,886) 14825 |
(26,520) ~5,805) |
||||||
| Net cash provided | by (used in) operating | activities | 130,387 | ~91,257) |
| 2. | DONATI | O | NS | AND LE | GA | CIES | |||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| E | F | ||||||||
| Contributions | towards | pension costs | 19,103 | 19,103 | |||||
| 19103 | 19103 | ||||||||
| 3. | OTHER | GRANTS | |||||||
| 2021 f |
2020 E |
||||||||
| Job Retention | Scheme | 48,227 | |||||||
| 4. | INVESTMENT | INCOME | |||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| Bank interest | 224 | 1,340 | |||||||
| 5. | INCOME | FROM CHARITABLE ACTIVITIES | |||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| London | Borough of Lewisham | 1,933,620 | 1,952,045 | ||||||
| Bargery | Road | Registered | Care Home | 295,583 | 323,543 | ||||
| Outreach | service | 279,828 | 305,138 | ||||||
| Additional | contract income | ||||||||
| COVID-19 funding | 160,946 | ||||||||
| 2,669,977 | 2,580,726 | ||||||||
| 6. | CHARITABLE | ACTIVITIES COSTS | |||||||
| Support | |||||||||
| Direct costs | costs | Totals | |||||||
| (See note 6) | |||||||||
| E | |||||||||
| Residential | care homes | and accommodation | 2,411,802 | 189,864 | 2,601,666 |
| COMPARA | TIVES FOR THE ST | ATEMENT OF FINANCIAL ACTIVITIE | S |
|---|---|---|---|
| Unrestricted | |||
| funds | |||
| F | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations | and legacies | 19,103 | |
| Charitable | activities | ||
| Residential | care homes and accommodation | 2,580,726 | |
| Investment | income | 1,340 | |
| Total | 2,601,169 | ||
| EXPENDITURE ON | |||
| Charitable | activities | ||
| Residential | care homes and accommodation | 2,665,465 | |
| Other | 2,247 | ||
| Total | 2,667,712 | ||
| NET (EXPENDITURE) | (66,543) | ||
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
928,382 | ||
| TOTAL FUNDS CARRIED FORWARD | 861,839 |
| 12. | TANGIBLE FIXEDA | SS | E | TS | ||||
|---|---|---|---|---|---|---|---|---|
| Freehold | Fixtures and | Office | ||||||
| property | fittings | equipment | Totals | |||||
| COST | ||||||||
| At 1 April 2020 | 262,372 | 2,054 | 56,201 | 320,627 | ||||
| Additions | ||||||||
| Disposals | ||||||||
| At 31 March 2021 | 262,372 | 2,054 | 56,201 | 320,627 | ||||
| DEPRECIATION | ||||||||
| At 1 April 2020 | 8,988 | 2,034 | 52,579 | 63,601 | ||||
| Charge for year | 2,246 | 20 | 1,564 | 3,830 | ||||
| Eliminated on disposal |
||||||||
| At 31 March 2021 | 11,234 | 2,054 | 54,145 | 67,431 | ||||
| NET BOOK VALUE | ||||||||
| At 31 March 2021 | 251,138 | 2,058 | 253,196 | |||||
| At 31 March 2020 | 253,384 | 20 | 3,622 | 257 026 | ||||
| Included in Freehold |
property | is 8150,000 (2020:F150,000) relating to land. | ||||||
| 13. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2021 | 2020 | |||||||
| Additional contract income |
receivable | 79,100 | 58,036 | |||||
| Other debtors | 546 | 3,215 | ||||||
| Prepayments and accrued |
income | 28,562 | 25,071 | |||||
| 708 208 | 86,322 | |||||||
| 14. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2021 f |
2020 | |||||||
| Trade creditors | 36,066 | 23,530 | ||||||
| Other creditors | 8,402 | 3,616 | ||||||
| Accruals and deferred | income | 33,852 | 36,339 | |||||
| 78,310 | 63,485 |
| The charity had total commitments under an operating leas |
e as follows: | |
|---|---|---|
| 2021 | 2020 | |
| E | F | |
| Expiring: | ||
| Within one year | 34,000 | 34,000 |
| Between one and five years | 136,000 | 136,000 |
| In more than five years | 79,923 | 113,923 |
| 249 923 | 293,923 |
| At the 31 March | At the 31 March | At the 31 March | 2021 the charity | 2021 the charity | had annual | commitments | under an operating | lease | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| as follows; | ||||||||||||
| 2021 | 2020 | |||||||||||
| Expiring: | ||||||||||||
| Within one year | ||||||||||||
| Between | one | and five years | ||||||||||
| In more | than | five years | 34,000 | 34,000 | ||||||||
| MOVEMENT | IN FUNDS | |||||||||||
| Net | ||||||||||||
| movement | in | |||||||||||
| At 1/420 | funds | At 31/3/21 | ||||||||||
| Unrestricted | funds | |||||||||||
| General | fund | 661,839 | 83,618 | 75,457 | ||||||||
| Redundancy | costs | 200,000 | 50,000 | 250,000 | ||||||||
| 861,839 | 133,618 | 995,457 | ||||||||||
| TOTAL | FUNDS | 861,839 | 133,618 | 995,457 | ||||||||
| Net movement | in funds, | included | in the above | are as follows: | ||||||||
| Incoming | Resources | Movement | in | |||||||||
| resources | expended | funds | ||||||||||
| E | ||||||||||||
| Unrestricted | funds | |||||||||||
| General | fund | |||||||||||
| TOTAL | FUNDS |
| Compar | atlves | for moveme | nt in fun |
ds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Net | |||||||||
| movement in |
|||||||||
| At 1/4/19 | funds | At 31/3/20 | |||||||
| E | E | ||||||||
| Unrestricted | Funds | ||||||||
| General | fund | 728,382 | (66,543) | 661,839 | |||||
| Redundancy | costs | 200,000 | 200,000 | ||||||
| 928,382 | (66,543) | 861,839 | |||||||
| TOTAL | FUNDS | 928382 | ~66543) | 861,839 | |||||
| Comparative | net movement | in funds, | included | in the above are | as follows: | ||||
| Incoming | Resources | Movement | in | ||||||
| resources | expended | funds | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 2,601,169 | (2,667,712) | (66,543) | |||||
| TOTAL | FUNDS | 2 601 169 | ~2,667 712) | ~85,543) |