MOORDALE COURT COMPANY LIMITED Acom an limited b Guarantee REGISTERED CHARITY NUMBER: 1046293 COMPANY NUMBER: 03039032 FINANCIAL ACCOUNTS FOR THE YEAR ENDING 31ST MARCH 2021 DRAYc0￿ & KIRK LLP CHARTERED ACCOUNTANTS 92 Westgate Guisborough Clevèland TS14 6AP MOORDALE COURT COMPANY LIMrrED COMPANY IMFORMATION FOR THE YEAR ENDED 31ST MARCH 2021 Address 4 Moordale Court Lingdale Saltburn by the Sea Cleveland TS12 3DX Acoountsnts Draycott & TrQtk LLP Chartered Accountants Clèveland House 92 Wes;gate <>Jisborough CLEVELAND TS14 6AP Reg. Charty Mo. 1046293 Company number 3039032 Page 1 MOORDALE COURT COMPMY ￿M￿ED TRUSTEES ANNUAL REPORT FOR THE PERIOD 1ST APRIL 2020 TO 31ST MARCH 2021 Names of Charitytrustees (who are also directors) who Tnanage the charity Mrs 6 Wiley Mrs P A Parry Mrs S Cruid(shank MrBBDtsve stru¢ture, govÈrnancÈ and management Governing document.. CDns-.itu'don of the chaTIty'. Trustee 5ele¢tson metrJods-. Memorandum and 8rbcles of assoaation. Company limited by gLEèr3wtse and regisiere£l charity. By Committee. Obje¢tlves 3nd a¢tivities The princ4pal activity of Ihe COTnpany IF.e yeai under reviv￿ was Ihal of a residential hi)me. The charitable objectives of the cornpaTry 8re the ieliei of ￿[senS Hryth leami4g dfficL.Vies by the provision of rented accommodation ￿ab￿n9 suth persons Its have thè OKV)riunity of Indepet￿￿rtt living. Summary of the main activities in relation to purposes for the Publi¢ Benefit - The provision of rented ar£Om￿￿tion to pe[￿S wilh learning di[ft￿lIles. - The prowson of an 3mÈnity building lor (tse by Ic￿1 groups by arraTrJement. Th8 Trustees have h8d reguard to The guidence i5sue(I by The Charity CoTrwtussion (ffi Publ¢ benefit.P25 Achievements and performance The company achieved its objectives f(K the yearol tunning a resKlenffi"al hoTne for peTsons vAth dificulties, it was able to make a small surplus. thanks lo tight monetsry Control. Reserves poliGy The charty aims to keep an amount of fukvjs in reserve to at ￿8st cover three months running wsts. Fitjancial rpview The direr.lor5 confirm thatr - The futKls have been applied to I[￿t the charrtalAe objedwes. - The assets are held lo meet thesÈ obieGbvÈs_ - The funds are sufficAent to meet the oi>ligations a￿j are hekl in aLwdance wtth the diredot5 powers. The fundirvJ is (Sependent upon c0nlinu￿g support of Redc*& CteveLaw¥J BorY)uoh C¢wnryl. The report has been prepared iJi accordan￿ wth the Statement of RecOrNne￿ed Pra(li￿." Ac￿Unting aThJ Reporting by Charities and in accorda￿e wth the sreual provigons of part 15 0* the C4xnp8nies Act 2006 relating lo S￿￿11 ccmpanie5. The trustees declare they have approved the tnJsteÈs' report above. Slgned gn behalf of the charitys tNstees Slgnature F￿1] Name Patriaa A￿￿ Parry Position Direetor Dated /CJ.1121 Page 2 Inde endent Examiner's Re ort to the Trustees of Moordale Court Com an Limited I rèport on the accounts of the company for Ihe year ended 31st March 2021 which are sel out on pages 4t06 Respective responsibilitiès of trnstèÈs and examiner The Iruslees are also tr.e directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The truslees consider that an audit is not required for this year under section 144{2} of ihe Charities Act 2011 Ilhe 2011 AGI) and thal an independent examination is needed. Having satisfied myself that the charity is not subject to audrt under company law and is eligible for independent examination, il is my résponsibility to.. examine the accounts under section 145 of the 2011 Act., follow the procodures laid down in the general Directions given by the Charity Commission under section 14515llbl of the 20,, 1 Act., and - stste whether particular matters have come to my attention. Basis of independent examinefs report My examiTkaLion was carmed out in acc(￿dan￿ wrth the general Direch"ons given by the Charity Commission. An examination includes a ievièw of Ihe accounting records kept by the charity and a comparison of the accounts presented with those records. It atso includes consideration of any unusual items or disclosu￿$ in the aC￿LEnts, and seeking explanations from you as trustees conceming any such matters. The procedures Ljndertaken do not provtde all the eiqdence that would be required in an audit and consequently no opinion is given as to whether the accounts present 2 -true and fair view alld the report is limited lo those matters set out in the statemer.I below. Independent examinevs statèmènt In connection with my ex8minalion, no matter has comè lo my att8nbon- - which gives me reasonable cause to believe that. in any material respect, the requirements-. - to keep accounknng records in accordance wlh section 386 of the Companies Acl 2006", and - to prepare accounts which accord vilh the a¢￿UnD.ng records, compty with the accounting reqLAiremenis of section 396 of the Companies Act 2006 and wth the methods and principles of the Statement of Recommended PraGtice" Accounts"ng and Repottillg by Charities have Not been mel. or 2 - lo which, in my opinion, attention should be drawn ￿ order to enable a proper understanding of the aocounts to be reached. C N Mason F.C.C.A, Chartered Accountant Draycott & Kirk LLP Cleve12nd House 92 Westgate Guisborough TS118BP Date Page 3 MOORDALE COURT COMPANY LIMITED Statement of Financial Activities earto 31sl March 2021 Note Unreslricled Funds Restricted Funds Total Funds Incomin Resources 2020 Donations Contributions Gran15 Inleffsl received 136 187,831 1,560 198,593 198,593 7,462 7.462 Total Incomin Resources 198.593 7.462 206,055 189,527 enditure Direct charitable expenditure Provisions & allowance Rent. rates & water Insurance Light & heat Wages Training Telephone Post, stationery & advertising lotor & travel Rèpairs & renewals Clearjing & sundry Accounlancy Professional fees Bank charges DeprecHtion 8.860 7,545 1,756 2,340 170,521 180 927 2,585 212 1,799 1,041 1,483 2,987 173 335 11,566 7.503 1,414 2.309 161,586 334 955 1,042 229 460 745 1.183 2,664 166 393 7.545 1.756 2,340 163,271 180 927 2.585 7.25a 212 1,799 1.041 1,483 2,987 173 335 Total Ex endituro 195.282 7.462 202,744 192,549 Transfers between funds Net InGominglOutgoing Resources Total funds brought forward Total funds carried forward 3.311 99.348 3.311 99,348 {3,0221 102,370 102.659 102.659 99,348 Page 4 MOORDALE COURT COMPANY LIMITED Balance Sheet as at 31st March 2021 NOTE 2021 2020 FIXED ASSETS Fi*cures & Equipment 1.895 2,229 CURRENT ASSETS PrepasThents Bank Account Cash In Hand 1.125 103.141 528 1,070 99,321 146 104.794 100,537 106,689 102,766 CURRENT LIABILITIES.. ble within 1 ar Creditors & Accruals 4.030 3,418 4.030 3,418 NET ASSETS 102,659 ,348 FUNDS UnreStr￿ted Funds 102.659 99,348 Restricted Funds 102,659 99,348 For the year ending 31st March 2021 the ¢A)mpanyvks enij.tled io exemptr)n from audit under sectK)n 477 of the Companies Act 2006 relabng lo stnal Compan￿$. Directors, reswnsiLKlities-. The mernbers have not required the cunpanyto obtain an audrt of its ac(thnts for the year in question in accordan-e wth section 476., The directots acknowledge their rÈsponsibilities for ￿mp￿.￿9 wth the requirements of the Act respect to accounting rewrds and the preparation of acG(MJnts. The financial statements have been prepared in accordarice the prO￿lSK)nS of Ibe Cornpanies Act relating lo samll companies. These Financial Staiements were approved bythe Directors on Date /U./(. Signed Narlle .PatThcia Ann Pary.....-.-...-.................... Postion-. Direclor P89e 5 MOORDALE COURT COMPANY LIMITED Notes to the Accounts for the earended 31st March 2021 1. General Information and basis of re aration The Charity is limited by Guarentee registered in England and Wales. The Companys registered rsumber and Chanty number and prinapal address are disclosed on the Company Information page. a. The cb.arity constitutes a public benefrt entity as defined by FRS 102. The financial statements have been Frepared in accordan￿ A¢￿UntIng and Reporting by Charities" Stament of Recommended practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the Uk and Republic of Ireland IFRS 102) issued on 16 July 2014 las updated Ihroug.i update bulletin 1 publish on 2 February 20161. tha Financial Reporting Standards applicable in the Un,ted Ksngdom and Republic of Ireland IFRS 10218nd UK Generally 8￿pted praclice as il applies from 1 January 2015. The charity has applied update bulletin 1 as published on 2 February 2016 and does not include a cash flow slalemenl on the grounds it is aptAw"ng FRS 102 Seclion 1A. The Financial gtatèmènts a￿ prepared on a going concem basis under the historical cost convention. The Financial statements are presenled in sterfing which is the functional currency of thè charity and rounded lo the nearest pound. The significant accounting policvs applied in the preparation of the fi'nancial statements are set out These policies have been applied to all years shown unless otherwise slated. The chanly adopted SORP IFRS 102 in the current year and no transition adjustments were required_ b Funds Unreslricled funds are available for use at the discretion of the trustees in furtheran￿ of the general objectives of the charity and which have not been designated for other purposes. Reslri¢led funds are funds which are to be used in accordance with spe¢ifi¢ ￿$trictiOnS imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and adminislraling suc+) funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the accounts. All grants and voluntary income are accounled for gross when receivable, as long as they are capable of finan￿al measurement. d All expenditure is accounted for induding VAT wher) incurred. Provision for depre(xabon of fixed assels held for use by the charity is made at annual rates calculated lo spread Ihe Gosl (less antiopaled residual disposable valuel of each asset evenly over its expected useful life. Thtr depreciation rates currently in use for fixed assets held for use by the charity are 150/0 on reducing balance basis for fixtures & equipment. Resewes p(Aicy" The direGtOfS have considered the level of reserves needed in order to mainlain the ongoing activtties of the charity. The direclors consider thal an amount representing three months runT)ing costs are advisable. Page 6a OORDALE COURT COMPANY UMITED Nrjtes to the Accounts forthe ear etTrdÈd 31ST MARCH 2021 2 Contributions 2Q21 2020 RCBC 198. 187.831 198.5 187 831 3 Granl 2021 2020 S￿lIs for Care Inlecli04 PreVentla￿ Contr(A Rap d Test Fundi 6.701 761 7.462 3Tan e Fixed Assets Fixtures & Ctst at 1st April 2020 Additions duriD.g the year Grant Cost at 31st March 2021 27.414 27.414 Depredalon ai 1s1 April 2020 Dep￿￿ation for the year 25.185 334 Deprpciatlon at 31st March 2021 25.519 Net book value at 31st March 2021 Net book valLE at 3151 Marth 2020 2,229 4 Funds Transfers Incoming between resources nds Op$ning balancÈ Outgolng reSoUr￿S Closlng balance Unrestricted funds 198.593 195.2821 102.659 Resblcted Fund$ 7.462 7.462 The restrcted fund is made up of funds, "Infeebon PreveniK)n C