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|||Page|
|---|---|---|
|Report of the Trustees||1 to 5|
|Report ofthe Independent
Auditors||6to8|
|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|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total funds|
|||||||funds||
||||||Notes|E||
|INCOME AND ENDOWMENTS||||FROM||||
|Donations|and legacies|||||3,965|19,103|
|Other grants|||||||48,227|
|Charitable||activities||||||
|Residential||care homes and accomodation||||2,559,318|2,669,977|
|Investment||income||||96|224|
|Total||||||2,563,379|2,737,531|
|EXPENDITURE ON||||||||
|Charitable||activities||||||
|Residential||care homes and accomodation||||2,485,430|2,601,666|
|Other||||||2,247|2,247|
|Total||||||2,487,677|2,603,913|
|NET INCOME||||||75,702|133,618|
|RECONCILIATION
OF FUNDS||||||||
|Total funds||brought|forward|||995,457|861,839|
|TOTAL FUNDS CARRIED FORWARD||||||1,071 159|995,457|
|||||2022|2021|
|---|---|---|---|---|---|
|||||Unrestricted|Total funds|
|||||funds||
||||Notes|||
|FIXEDASSETS||||||
|Tangible|assets||12|249,450|253,196|
|CURRENT ASSETS||||||
|Debtors|||13|72,055|108,208|
|Cash at|bank|||858 701|712,363|
|||||930,756|820,571|
|CREDITORS||||||
|Amounts|falling due within one year||14|(109,047)|(78,310)|
|NET CURRENT ASSETS||||821,709|742,261|
|TOTAL|ASSETS LESSCURRENT LIABILITIES|||1,071,159|995,457|
|NET ASSETS||||1,071,159|995,457|
|FUNDS|||16|||
|Unrestricted
funds||||||
||Designated|funds||250,000|250,000|
||General funds|||821,159|745,457|
|TOTAL|FUNDS|||1 071 159|995,457|
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||||||Notes|2022
f|2021
f|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|activities:|||||||
|Cash generated
from operations||||||146,338|130,387|
|Net cash provided
by operating||activities||||||
|||||||146,338|130,387|
|Cash flows from investing|activities:|||||||
|Purchase
oftangible
fixed assets||||||||
|Net cash provided
by (used in)||investing||||||
|activities||||||||
|Change
in cash and cash|equivalents||in the|||||
|reporting
period||||||146,338|130,387|
|Cash and cash equivalents|at the beginning|||of||||
|the reporting
period||||||712,363|581,976|
|Cash and cash equivalents|at the end||ofthe|||||
|reporting
period||||||858 701|712,353|
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|RECONCILIATION|RECONCILIATION|OF NET INCOME TO NET CASH FLOW|OF NET INCOME TO NET CASH FLOW|OF NET INCOME TO NET CASH FLOW|FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Net income|for the|reporting|period (as per the statement||offinancial|||
|activities)||||||75,702|133,618|
|Adjustments|for:|||||||
|Depreciation|charges|||||3,746|3,830|
|Increase/(decrease)||in debtors||||33,875|(21,886)|
|Increase
in|creditors|||||33,015|14,825|
|Net cash provided||by operating||activities||146,338|130,387|
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|line basi|s over the asset's estimate|d
useful
lives as follows;|||
|---|---|---|---|---|
|Freehold|land|not depreciated|||
|Freehold|buildings|Over 50 years straight||line|
|Fixtures|and fittings|25%/33% straight|line||
|Office equipment||25% on cost|||
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|DONATI|ONS|AND LE|G|ACIES|||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|||||||||F|
|Contributions||towards|pension costs||||3965|19,103|
||||||||3965|19,103|
|OTHER|GRANTS||||||||
||||||||2022|2021|
||||||||E|F|
|Job Retention||Scheme||||||48,227|
|INVESTMENT||INCOME|||||||
||||||||2022|2021|
|Bank interest|||||||96|224|
|INCONIE|FROM CHARITABLE ACTIVITIES||||||||
||||||||2022|2021|
|London|Borough of Lewisham|||||1,877,246||1,933,620|
|Bargery|Road|Registered||Care Home|||301,617|295,583|
|Outreach|service||||||275,311|279,828|
|COVID-19 funding|||||||105144|160,946|
|||||||2|559,316|2,669,977|
|CHARITABLE||ACTIVITIES COSTS|||||||
|||||||Support|||
||||||Direct costs||costs|Totals|
|||||||(See note 6)|||
||||||E||F||
|Residential
care homes||||and accommodation|2 321,301||164,129|2,485,430|
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|||||||Support|Governance||
|---|---|---|---|---|---|---|---|---|
||||||Administration|services|costs|Totals|
||||||||E|E|
|Residential||care homes|and accommodation||145,419|11,750|6 960|164129|
|NET INCOME/(EXPENDITURE)|||||||||
|Net income/(expenditure)|||is stated|after charging/(crediting);|||||
||||||||2022|2021|
||||||||F|f|
|Auditors'|remuneration||||||6,960|6,420|
|Auditors'|remuneration||for non-audit|work|||||
|Depreciation||- owned assets|||||~3746|3,830|
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|STAFF|COSTS||||
|---|---|---|---|---|
||||2022|2021|
|Total staff emoluments||for the year were as follows:|||
|Salary costs|||2,060,193|2,139,137|
|National|insurance||185,342|193,232|
|Pension|costs||50,542|51,214|
||||2,296,077|2,383,583|
|The num|ber
ofemployees
whose emoluments
fell with|in the following
bands, were:|||
|---|---|---|---|---|
|||2022||2021|
|||No.||No.|
|F80,001|—F90,000||0||
|F90,001|—F100,000||1||
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|COMPARA|TIVES FOR THE ST|ATEMENT OF FINANCIAL ACTIVITIE|S|
|---|---|---|---|
||||Unrestricted|
||||funds|
||||F|
|INCOME AND ENDOWMENTS||FROM||
|Donations
and legacies|||19,103|
|Other grants|||48,227|
|Charitable|activities|||
|Residential|care homes and accommodation||2,669,977|
|Investment|income||224|
|Total|||2,737,531|
|EXPENDITURE ON||||
|Charitable|activities|||
|Residential|care homes and accommodation||2,601,666|
|Other|||2,247|
|Total|||2,603,913|
|NET INCOME|||133,618|
|RECONCILIATION
OF FUNDS||||
|Total funds|brought
forward||861,839|
|TOTAL FUNDS CARRIED FORWARD|||995,457|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|12.|TANGIBLE FIXEDASSETS||||||||
||||||Freehold|Fixtures and|Office||
||||||property
f|fittings|equipment
f|Totals
f|
||COST||||||||
||At 1 April 2021||||262,372|2,054|56,201|320,627|
||Additions||||||||
||Disposals||||||||
||At 31 March 2022||||262,372|2,054|56,201|320,627|
||DEPRECIATION||||||||
||At 1 April 2021||||11,235|2,054|54,142|67,431|
||Charge for year||||2,247||1,499|3,746|
||Eliminated
on disposal||||||||
||At 31 March 2022||||13,482|2,054|55,641|71,177|
||NET BOOK VALUE||||||||
||At 31 March 2022||||248,890||560|249,450|
||At 31 March 2021||||251,138||2,055|253,196|
||Included
in Freehold|property|||is F150,000(2021:f150,000) relating to land.||||
|13.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||2022
f|2021
F|
||Additional
contract income|||receivable|||40,885|79,100|
||Other debtors||||||2,000|546|
||Prepayments
and accrued|||income|||29,170|28,562|
||||||||72,055|108,208|
|14.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
||||||||2022
f|2021
f|
||Trade creditors||||||68,414|36,066|
||Other creditors||||||6,124|8,402|
||Accruals
and deferred|income|||||34,509|33,852|
||||||||109,047|78,310|
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|The charity had total commitments
under an operating
leas|e as follows:||
|---|---|---|
||2022|2021|
|Expiring:|||
|Within one year|34,000|34,000|
|Between one and five years|136,000|136,000|
|In more than five years|45923|79,923|
||215,923|249,923|
|At the 31 March 2022 the charity|At the 31 March 2022 the charity|At the 31 March 2022 the charity|At the 31 March 2022 the charity|had annual|commitments|under|an operating|lease|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|as follows;|||||||||||||
|||||||||2022|||2021||
||||||||||E||||
|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 1/4/21|funds|||At 31/3/22||
||||||||E||||||
|Unrestricted||funds|||||||||||
|General|fund||||||75,457|75,702|||821,159||
|Redundancy||costs|||||250,000||||250,000||
||||||||995,457|75,702|||1,071,159||
|TOTAL|FUNDS||||||995,457|75|702||1,071 159||
|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||||||2563379|~2,487,677)|||75,702||
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|MOVEMENT|MOVEMENT|IN FUNDS (cont|IN FUNDS (cont|inued)|inued)||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Comparatives||for movement||in funds|||||||
||||||||Net||||
||||||||movement
in||||
|||||||At 1/4/20|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|||
|Comparative||net movement|in|funds,|included|in the above are|as follows:||||
||||||||Incoming|Resources|Movement|in|
||||||||resources|expended|funds||
|Unrestricted||funds|||||||||
|General|fund||||||||||
|TOTAL|FUNDS||||||273753,1,|~'2,693,913)|133,618||
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