2022-03-31-accounts - Michael Batt Charitable Trust

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		Page
Trustees Report		1-3
Statement of responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance Sheet
Statement ofcash flows
Notes to the financial	statements	10-16

							Unrestricted	Restricted	Total	Total
							funds	funds	funds	funds
						Notes	2022	2022f	2022 f	2021 f
Income from:-
Charitable Activities						2	1,174,962	10,000	1,184,962	1,215,573
Total Income							1,174,962	10,000	1,184,962	1,215,573
~E* dtt
Charitable activities						3	1,209,574		1,209,574	1,199,938
Net incomel ex endlture		forthe		ear
Net movement	in funds						(34,612)	10,000.00	(24,612)	15,635
Provision for deficit on defined			contribution		pension	fund	(15,000)	-	(15,000)	(34,000)
Fund balances	at 1 April						(40,631)		(40,631)	(22,266)
Fund balances	at 31 March						90,243	10,000	(80,243	40,631

as at 31 li/larch 20	22
		Notes		2022		2021
				6		6
				Total funds		Total funds
Fixed assete
Tangible assets				32,587
Current assets
Stocks		6	4,000		4,000
Debtors		7	36,111		55,634
Cash at bank and In	hand		66,690		52,992
			106,801		112,628
Creditors: amounts	falling due
within one year		8	(105,631)		(88,912)
				1,170		23,714
Provision for deficit on pension		fund		(114,000)		(99,000)
Net assets				80,243
Income Funds
Unrestricted funds				(90,243)		40,631
Restricted funds				10,000
Total equity				80,243		40,631

for the year ended 31 March 202	2
			Notes	2022f	2021f
Operating activities
(Loss)/profit for financial year				(24,612)	15,635
Adjustments for:
Depreciation				8,146	8,664
Increase in stocks					(1,500)
(Increase)/decrease in debtors Increase(decrease) in creditors				19,523 16,719	7,273 ~13,1843
				19,776	16,888
Cash (used In)/generated by operating	activities			19,776	16,888
Investing activities
Payments to acquire tangible fixed assets				(6,078)	(14,187)
Cash used in investing activities				~8,838	~14187,
Net cash (used in)/generated
Net cash (used In)/generated by operating		activities		19,776	16,888
Cash used in investing activities				(6,078)	(14,187)
Net cash (used)/generated				13,698	2,701
Cash and cash equivalents at 1 April				52,992	50,291
Cash and cash equivalents at 31 March				66,690	52,992
Cash and cash equivalents comprise:
Cash at bank				66,690	52,992

Michael Batt Charitable Trust Notes to the Accounts or the year ended 31 March 2022
Charitable activities
i,s Charitable expenditure comprises those costs Incurred by the	charity		In	the
delivery of its activities and services for its beneficiaries. It includes			both costs
that can be allocated directly to such actlviNes and those costs of an			indirect
nature necessary to support them.
Support costs
i s Support costs indude central functions and have been allocated to		activity cost
categories on a basis consistent with the use ofresources, for	exemple,
allocatinq properly costs by floor areas, on per capita, staff costs by			the	time
spent and other costs by their usaqe.
Governance costs
i.io These include the costs attributable to the charity's compliance	with		constitutional
and statutory requirements, including audit, strategic management		and		trustees'
meetings and reimbursed expenses.
Taxation
i.it The Trust Is exempt from tax on its charitable activities
Tangible fl'xed assets
u12 Individual fixed assets costing f250.00 or more are initially recorded			at	cost,
less any subsequent accumulated depreciation and subsequent	accumulated
impairment losses.
Plant end machinery (20%reducing balance)
Depreciation is provided on tangible fixed assets so as to write	offthe cost
or valuation, less any estimated residual value, over their expected		useful
economic life as follows:-
Stocks
u13 Stocks are measured at cost determined using the first In first	out method.
Debtors
uix Trade debtors are amounts due from customers for services performed				In the
ordinary course ofbusiness. Short term debtors are measured	at transaction
price (which Is usually the Invoice price), less any Impairment losses			for	bad
and doubtful debts. Loans and other financial assets are initially recognised					at
transaction price including any transaction costs and subsequently		measured				at
amorlised cost determined using the effective Interest method,	less	any
impairment losses for bad and doubfful debts.
Cash end cash equivalents
uts Cash and cash equivalents comprise cash on hand and call deposits,			and other
short term investments that are readily convertible to a known	amount ofcash
and are subject to no change in value.

Analysts o	fturnover
								2022	2021
CharlUes AcUvihes - Residential				care hcme			1,146,420		1,139,6D5
DonaUons end legardes								18,218	3,514
Could Gvwds								22,324	72,454
							1,184,982		1,215,573
By geographical market
UK							1,184,862		1,215,573
Europe
							1,184,982		1,215,573
							0Ilfss irl	cled	Unrestrksed
							funds		funds
Expenditure	on charitable		activities
								2022	2021
								8	E
Residential	cars home						(1,199,734)		(1,195,378)
Governance	cosfs							(9,840)	4,560
							1,209,674		(1,189,938)
Analysis of	9ovsmenca end support				coats
Allocated support costs		- audit		fess
									560
Trustee remuneration		end	expenses
No trustees,	nor eny persons		connected		with them, have received any remuneration		from the charity during the	year
At the balance sheet date Ihe amount, dus to Dr Michael Bett (Chairmen)						wes E10,299 (2021 89,299).
								2022	2021
								E	E.
Wages and	salaries						781,372		800,088
Social security costs								48,011	51,325
other pension costs								40,713	37,831
							870,096		889,244
Average number ofemployees				during	the year
							Number		Number
Administration								38	40

			Fixtures, fittings,
			toots and
5	Tangible fixed assets		equipment
			Alccsl
	Cost or valuation		8
	At 1 Aprt 2021		230,982
	Addtlons		6,079
			237,060
	Deprsclatlon
	At 1 Aprg 2021		196,327
	Charge for the year		8,146
			204,473
	Carrying amount
	At 31 March 2021		34,956
	At 31 March 2022		32,587
6	Stocks		2022	2021
			8	E
	Stocks		4,000	4 000
7	Debtors		2022	2021
			E	E
	Trade debtors		5,929	17,905
	Other debtors			2354
	Prepsyments and accrued income		30,485	35,375
			36,111	55,834
8	Creditors: amounts	raging dus wlthtn ons year	2022	2021
			8	6
	Trade creditors		50,101	37,044
	Other taxes and sodal security costs		13,954	14,315
	Other cmdltom		22,656	14,275
	Accruals and deferred	krcome	18,920	23,278
			105,631	88,912

Minimum lease payments under non- as fofiows:	cancellable operating lea	ses fall due
	31.2.22	31.3.21
	8	F
Within one year	30,533	25,000
Between one and two years	16,139	25,000
Between two and five years	25,000	50,000

Moveme	nt in Funds
		At 1.4.21	Net	At 31.3.22
			movement
			In funds
Unrestricted funds
General	fund	(40,631)	(49,612)	(90,243)
Restricted funds
Resident	donafions		10,000	10,000
TOTAL	FUNDS	40631	39,162	80243

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	1,174,962	(1,224,574)		(49,612)
Restricted funds
Resident donations	10,000			10,000
TOTAL FUNDS	1,184,952	(1,224,574)		(39,612)