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|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|
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||||||||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|
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|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|
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|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|
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|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.|||||||
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|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|
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||||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|
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|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|
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|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)|