**COMPANY REGISTRATION NUMBER: 2629063 CHARITY REGISTRATION NUMBER: 1033103**
**Raphael Centre Company Limited by Guarantee Unaudited Financial Statements 31 March 2023**
## **ARCHELM**
Chartered accountants Ground Floor 23 Westfield Park Redland Bristol BS6 6LT
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 March 2023**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**5**|
|Statement of financial activities (including income and||
|expenditure account)|**6**|
|Statement of financial position|**7**|
|Notes to the financial statements|**8**|
|**The following pages do not form part of the financial statements**||
|Detailed statement of financial activities|**18**|
|Notes to the detailed statement of financial activities|**20**|
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 March 2023**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
## **Reference and administrative details**
**Registered charity name** Raphael Centre **Charity registration number** 1033103 **Company registration number** 2629063 **Principal office and registered** Raphael House **office** 3 Hillside Cotham Bristol BS6 6JP **The trustees** Mr A Brenard (Resigned 1 September 2022) Ms L Mantin (Resigned 1 September 2022) Mr G Trmal (Resigned 1 September 2022) Ms A Jay Ms S Turner (Appointed 6 April 2022) Ms P Winkler (Appointed 6 April 2022) Ms S McWilliams (Appointed 24 October 2022) Mr J Golding (Appointed 28 November 2022) **Company secretary** E Winkler **Independent examiner** Archelm Chartered Accountants Ground Floor 23 Westfield Park Redland Bristol BS6 6LT
**1**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2023**
## **Structure, governance and management**
The charity is registered under the Companies Act 2006 and is limited by guarantee. Its objects and constitution are defined in its Governing Document, The Memorandum and the Articles of the Association.
The directors of the company are also charity Trustees for the purposes of charity law and are known as members of the management committee. The members who served throughout the year and up to the date of this report are listed on page 1.
Following the resignation of two trustees in summer 2022, Raphael Centre has appointed four new trustees, and now has a strong board that meets monthly with collective experience of: construction; corporate practice; marketing; charity communications and social care. The board continues to expand its expertise by seeking trustees with a strong financial background and/or building expertise such as a retired building surveyor and/or a retired accountant. To express interest in joining the trustee board, please contact raphaelappeal@gmail.com
## **Objectives and activities for the public benefit**
The objects of the charity are as defined in the charity's governing document and continue to be to provide care and associated facilities for adults who by reason of genetic or other disabilities are mentally handicapped and in need of care and support to assist them in overcoming poverty or conditions of hardship or distress and to enable them to live as full and independent a life as possible.
**2**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2023**
## **Achievements and performance**
## **Staffing and Training**
We have both lost and gained staff members this year. In the first half of the year, three members of staff who had been with us for a total of over 35 years resigned to pursue new challenges and/or retirement. In June 2023 we appointed a manager, which was fruitful; however it was a short-lived post as they resigned to return to nursing. Trustee, Elisabeth Winkler, stepped in as interim manager in late July and the entire staff team stepped up too. Raphael Centre then appointed a key worker and deputy manager. In early November, Nick Blount took up the post as the new manager of Raphael Centre. Raphael Centre has also appointed a bank worker on zero hours contract, and hope to appoint one more; and has also added a part--time cleaner from end-November to the payroll.
The complex police investigation arising from a previous manager being suspended (and eventually dismissed for gross misconduct in May 2022) continues.
All staff attended bespoke and in-person Safeguarding Training on 3 October 2023. The deputy manager has undergone Training the Trainer medications training 8/9 November 2023 so in-house training can be conducted.
## **Maintenance**
The major building works have now been completed.
## **Tenants Report**
A ninth tenant has been ready to move in since June; however the proposed unit (a semi-basement with en-suite and kitchen), has been under repair for a year resulting in replastering work on several walls. The kitchen and bathroom also needs to re-fitted to meet the needs of the new tenant, and a laminate flooring laid. We are hoping these works will be completed by early new year.
## **Financial review**
Raphael Centre continues to show a surplus; this is partly due to not paying a` manager's salary for three months; it is also due to an uplift by BCC in line with inflation; and an increase in some tenants' support hours. Raphael Centre continues to cost every aspect of its operation in order to provide costed evidence for a housing benefit review with consultants MRAssociates.
The complex police investigation arising from a previous manager being suspended (and eventually dismissed for gross misconduct in May 2022) continues. This related to financial irregularities of a comanager who was suspended immediately upon these findings coming to light. The nature of the fraud was determined to be in relation to expenses reimbursements and is transpired to have occurred over a period since the start of lockdown in 2020 until it's discovery in February 2022. It is a material amount of money but not of the scale to be a threat to the ongoing running of Raphael House. Raphael House followed correct investigatory procedures by informing the police, social services & disciplinary proceedings against the individual involved, whose contract has since been terminated.
Raphael Centre continues to review its policies particularly around Finance, Safeguarding and Medications in line with best practice. Its review of its Fire Safety audit is near completion, and as a result, all doors have been repaired where necessary (September 2023).
**3**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2023**
**Financial review** _**(continued)**_
## **Reserves Policy**
The charity requires sufficient reserves, in the form of working capital, in order to operate. The management committee consider that a level representing three month's trading expenses would be justifiable. Historically levels of reserves have been substantially below this figure. The charity aims to increase its reserves to that level as trading conditions permit, but not at the expense of the aims of the charity. This policy will be reviewed annually by the management committee before the Annual General Meeting, and submitted to the meeting for approval.
## **Investment Policy**
Aside from retaining a prudent amount in reserves each year most of the money is spent in the short term so there are few funds for long term investment. Having options available, the Management Committee has decided to invest the available funds in ethical deposits. This has been the policy for many years and the Management Committee has been satisfied with the return from this type of deposit.
## **Principal Risks and Uncertainties**
The Management Committee has conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. External risks to funding cannot be influenced but are monitored closely. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, and residents. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.
## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:
E Winkler Charity Secretary
**4**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of Raphael Centre**
## **Year ended 31 March 2023**
I report to the trustees on my examination of the financial statements of Raphael Centre ('the charity') for the year ended 31 March 2023.
## **Responsibilities and basis of report**
The trustees are also the directors of the company for the purposes of company law are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of 'Accounting body'. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission
- under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006, and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached."
Archelm Chartered Accountants Independent Examiner
Ground Floor 23 Westfield Park Redland Bristol BS6 6LT
**5**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 31 March 2023**
|||**2023**|**2023**|2022|
|---|---|---|---|---|
|||Unrestricted|||
|||funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|£|
|**Income and endowments**|||||
|Donations and legacies|**5**|20,969|20,969|68,335|
|Charitable activities|**6**|286,835|286,835|279,712|
|Other trading activities|**7**|–|–|180|
|Investment income|**8**|320|320|4,045|
|||``|``|``|
|**Total income**||308,124|308,124|352,272|
|||``|``|``|
|**Expenditure**|||||
|Expenditure on charitable activities|**9,10**|309,025|309,025|308,162|
|||``|``|``|
|**Total expenditure**||309,025|309,025|308,162|
|||``|``|``|
|||``|``|``|
|**Net (expenditure)/income and net movement in funds**||(901)|(901)|44,110|
|||``|``|``|
|**Reconciliation of funds**|||||
|Total funds brought forward||127,917|127,917|83,807|
|||``|``|``|
|**Total funds carried forward**||127,016|127,016|127,917|
|||``|``|``|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 8 to 16 form part of these financial statements.**
**6**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Statement of Financial Position**
## **31 March 2023**
|||**2023**|2022|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**16**|1,248|2,114|
|**Current assets**||||
|Debtors|**17**|38,072|54,180|
|Cash at bank and in hand||111,009|96,095|
|||``|``|
|||149,081|150,275|
|**Creditors: amounts falling due within one year**|**18**|23,313|24,472|
|||``|``|
|**Net current assets**||125,768|125,803|
|||``|``|
|**Total assets less current liabilities**||127,016|127,917|
|||``|``|
|**Net assets**||127,016|127,917|
|||``|``|
|**Funds of the charity**||||
|Unrestricted funds||127,016|127,917|
|||``|``|
|**Total charity funds**|**20**|127,016
``|127,917
``|
For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:
P Winkler Charity Trustee
**The notes on pages 8 to 16 form part of these financial statements.**
**7**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 31 March 2023**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Raphael House, 3 Hillside, Cotham, Bristol, BS6 6JP.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**8**
**Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
**3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**9**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 25% reducing balance
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
**10**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments** _**(continued)**_
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **Defined contribution plans**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
## **4. Limited by guarantee**
The company is limited by guarantee not having share capital.
**11**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **5. Donations and legacies**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||**Grants**|||||
||Grants receivable Covid related|–|–|10,295|10,295|
||Grants receivable non-Covid related|20,626|20,626|8,040|8,040|
||**Other donations and legacies**|||||
||Other donations and legacies|343|343|50,000|50,000|
|||``|``|``|``|
|||20,969|20,969|68,335|68,335|
|||``|``|``|``|
|**6.**|**Charitable activities**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Residential support income|268,386|268,386|250,727|250,727|
||Recharged expenditure|18,449|18,449|28,985|28,985|
|||``|``|``|``|
|||286,835|286,835|279,712|279,712|
|||``|``|``|``|
|**7.**|**Other trading activities**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Fundraising events|–|–|180|180|
|||``|``|``|``|
|**8.**|**Investment income**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Bank interest receivable|320|320|45|45|
||Exceptional investment income|–|–|4,000|4,000|
|||``|``|``|``|
|||320|320|4,045|4,045|
|||``|``|``|``|
**12**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **9. Expenditure on charitable activities by fund type**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Residential support|273,722|273,722|267,872|267,872|
||Support costs|35,303|35,303|40,290|40,290|
|||``|``|``|``|
|||309,025|309,025|308,162|308,162|
|||``|``|``|``|
|**10.**|**Expenditure on charitable activities by activity type**|||||
|||Activities||||
|||undertaken||**Total funds**|Total fund|
|||directly|Support costs|**2023**|2022|
|||£|£|**£**|£|
||Residential support|273,722|15,672|289,394|292,061|
||Governance costs|–|19,631|19,631|16,101|
|||``|``|``|``|
|||273,722|35,303|309,025|308,162|
|||``|``|``|``|
|**11.**|**Analysis of support costs**|||||
||||Analysis of|||
||||support costs|||
||||activity 1|**Total 2023**|Total 2022|
||||£|**£**|£|
||Premises||11,847|11,847|19,327|
||Communications and IT||1,263|1,263|1,283|
||General office||2,562|2,562|3,579|
||||``|``|``|
||||15,672|15,672|24,189|
||||``|``|``|
|**12.**|**Net (expenditure)/income**|||||
||Net (expenditure)/income is stated after|charging/(crediting):||||
|||||**2023**|2022|
|||||**£**|£|
||Depreciation of tangible fixed assets|||866|120|
|||||``|``|
|**13.**|**Independent examination fees**|||||
|||||**2023**|2022|
|||||**£**|£|
||Fees payable to the independent examiner for:|||||
||Independent examination of the financial statements|||1,000
``|1,000
``|
**13**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **14. Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2023**|2022|
|---|---|---|
||**£**|£|
|Wages and salaries|167,606|183,437|
|Social security costs|6,361|9,396|
|Employer contributions to pension plans|2,780|3,567|
||``|``|
||176,747|196,400|
||``|``|
The average head count of employees during the year was 10 (2022: 10). The average number of full-time equivalent employees during the year is analysed as follows:
||**2023**|2022|
|---|---|---|
||**No.**|No.|
|Management|1|1|
|Administration|1|1|
|Direct Charitable|8|8|
||``|``|
||10|10|
||``|``|
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
## **15. Trustee remuneration and expenses**
No Trustees received remuneration or honorarium during the year. Nor did they receive any expenses. No employee received remuneration in excess of £60,000 p.a.
## **16. Tangible fixed assets**
||**Fixtures and**|
|---|---|
||**fittings**|
||**£**|
|**Cost**||
|**At 1 April 2022 and 31 March 2023**|45,085|
||``|
|**Depreciation**||
|At 1 April 2022|42,971|
|Charge for the year|866|
||``|
|**At 31 March 2023**|43,837|
||``|
|**Carrying amount**||
|**At 31 March 2023**|1,248|
||``|
|At 31 March 2022|2,114|
||``|
**14**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **17. Debtors**
|||**2023**|2022|
|---|---|---|---|
|||**£**|£|
||Trade debtors|19,931|43,028|
||Prepayments and accrued income|18,141|11,152|
|||``|``|
|||38,072|54,180|
|||``|``|
|**18.**|**Creditors:** **amounts falling due within one year**|||
|||**2023**|2022|
|||**£**|£|
||Trade creditors|6,161|5,490|
||Accruals and deferred income|14,788|16,135|
||Social security and other taxes|2,364|2,847|
|||``|``|
|||23,313|24,472|
|||``|``|
## **19. Pensions and other post retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,780 (2022: £3,567).
## **20. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**|||||
|---|---|---|---|---|
|||||**At**|
||At||**31**|**March 202**|
||1 April 2022|Income|Expenditure|**3**|
||£|£|£|£|
|General funds|62,917|308,124|(309,025)|62,016|
|Designated Fund|65,000|–|–|65,000|
||``|``|``|``|
||127,917|308,124|(309,025)|127,016|
||``|``|``|``|
|||||At|
||At||31|March 202|
||1 April 2021|Income|Expenditure|2|
||£|£|£|£|
|General funds|18,807|352,272|(308,162)|62,917|
|Designated Fund|65,000|–|–|65,000|
||``|``|``|``|
||83,807|352,272|(308,162)|127,917|
||``|``|``|``|
**15**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **21. Analysis of net assets between funds**
||Unrestricted|**Total Funds**|
|---|---|---|
||Funds|**2023**|
||£|**£**|
|Tangible fixed assets|1,248|1,248|
|Current assets|149,081|149,081|
|Creditors less than 1 year|(23,312)|(23,312)|
||``|``|
|**Net assets**|127,017|127,017|
||``|``|
||Unrestricted|Total Funds|
||Funds|2022|
||£|£|
|Tangible fixed assets|2,114|2,114|
|Current assets|150,275|150,275|
|Creditors less than 1 year|(24,472)|(24,472)|
||``|``|
|**Net assets**|127,917|127,917|
||``|``|
**16**
**Raphael Centre**
**Company Limited by Guarantee**
## **Management Information**
## **Year ended 31 March 2023**
**The following pages do not form part of the financial statements.**
**17**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Detailed Statement of Financial Activities**
## **Year ended 31 March 2023**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Income and endowments**|||
|**Donations and legacies**|||
|Grants receivable Covid related|–|10,295|
|Grants receivable non-Covid related|20,626|8,040|
|Other donations and legacies|343|50,000|
||``|``|
||20,969|68,335|
||``|``|
|**Charitable activities**|||
|Residential support income|268,386|250,727|
|Recharged expenditure|18,449|28,985|
||``|``|
||286,835|279,712|
||``|``|
|**Other trading activities**|||
|Fundraising events|–|180|
||``|``|
|**Investment income**|||
|Bank interest receivable|320|45|
|Exceptional investment income|–|4,000|
||``|``|
||320|4,045|
||``|``|
||``|``|
|**Total income**|308,124|352,272|
||``|``|
**18**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Detailed Statement of Financial Activities** _**(continued)**_
## **Year ended 31 March 2023**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Expenditure**|||
|**Expenditure on charitable activities**|||
|Purchases|4,390|495|
|Wages and salaries|167,606|183,437|
|Employer's NIC|6,361|9,396|
|Pension costs|2,780|3,567|
|Rent|43,932|42,468|
|Rates and water|4,905|4,848|
|Light and heat|11,060|11,174|
|Repairs and maintenance|7,319|8,961|
|Insurance|10,874|9,062|
|Other establishment|4,528|10,366|
|Other motor/travel costs|124|273|
|Legal and professional fees|39,391|16,101|
|Telephone|1,263|1,283|
|Other office costs|883|2,606|
|Depreciation|866|119|
|Training|1,531|2,507|
|Workshop & therapy|399|645|
|Sundry expenses|745|559|
|Subscriptions & donations|68|295|
||``|``|
||309,025|308,162|
||``|``|
||``|``|
|**Total expenditure**|309,025|308,162|
||``|``|
||``|``|
|**Net (expenditure)/income**|(901)|44,110|
||``|``|
**19**
## **Raphael Centre**
## **Company Limited by Guarantee**
## **Notes to the Detailed Statement of Financial Activities**
## **Year ended 31 March 2023**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Expenditure on charitable activities**|||
|**Residential support**|||
|**_Activities undertaken directly_**|||
|Food purchases|4,390|495|
|Wages and salaries|167,606|183,437|
|Employer's NIC|6,361|9,396|
|Pension costs|2,780|3,567|
|Rent|43,932|42,468|
|Rates & water|4,905|4,848|
|Light & heat|11,060|11,174|
|Insurance|10,874|9,062|
|Other motor/travel costs|124|273|
|Legal and professional fees|19,760|–|
|Training|1,531|2,507|
|Workshop & therapy|399|645|
||``|``|
||273,722|267,872|
||``|``|
|**_Support costs_**|||
|Repairs & maintenance|7,319|8,961|
|Other establishment & janitorial|4,528|10,366|
|Telephone|1,263|1,283|
|Sundry office costs|883|2,606|
|Depreciation|866|119|
|Sundry expenses|745|559|
|Subscriptions & donations|68|295|
||``|``|
||15,672|24,189|
||``|``|
|**Governance costs**|||
|Legal and other professional fees|19,631|16,101|
||``|``|
||``|``|
|**Expenditure on charitable activities**|309,025|308,162|
||``|``|
**20**