JL Bethesda Eventide Homes
Registered charity number: 1051043
Report and Accounts
Year ended 31 December 2022

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|ontents||
|---|---|
||Pages|
|Trust Information|3|
|Trustees' Report|4-9|
|Auditor's Report|10-13|
|Statement of Financial Activities|14|
|Balance Sheet|15|
|Cash Flow Statement|16|
|Notes to the Accounts|17-26|





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|Trustees|Mrs Karen Fairweather|Chairperson|
|---|---|---|
||Mrs Melanie Armstrong|Secretary|
||Mr Paul Gooderham|Treasurer|
||Mr Andrew Wright||
||Mrs Christine Jaye||
||Mr Terry Mann||
||Mrs Janet Gunner||







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|Mrs Sheila Aldous|Chairperson-Retired 17.01.22|
|---|---|
|Mrs Karen Fairweather|Chairperson - w.e.f. 17.01.22|
|Mrs Melanie Armstrong|Secretary|
|Mr Paul Gooderham|Treasurer|
|Mr Andrew Wright||
|Mrs Christine Jaye||
|Mr Terry Mann||
|Mrs Janet Gunner||



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|Recommended categories|Details of||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|byactivity|own analysis||funds|income funds|2022|2021|
|Income from:|||||||
|||Notes|£|£|£|£|
|Donations|Donations, legacies etc.|3.1|32,120|-|32,120|22,012|
|Investments|Interest received|3.2|590|-|590|198|
|Charitable activities|Care Fees, Dining room<br>income.|33|1,335,867|-|1,335,867|1,093,173|
|Other||3.1|19,123|48,724|67,847|106,870|
|Total Incomingresources|||1,387,700|48,724|1,436,424|1,222,253|
||||£|£|£|£|
|Expenditure on charitable<br>activities|In furtherance of the Charity's<br>objectives|3.4|1,314,243|48,724|1,362,967|1,221,448|
||||£|£|£|£|
|Net incomingresources|||73,457|-|73,457|805|
|Total funds brought forward||10.1|1,437,958|-|1,437,958|1,437,153|
|Total fundscarried forward||10.1|1,511,415|-|1,511,415|1,437,958|





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|income funds|2022|2021|
|Fixed Assets|||||||
|||Notes|£|£|£|£|
|Buildings||53|1,073,463|-|1,073,463|1,063,561|
|Moveable Items||53|28,030|-|28,030|26,074|
|Total fixed assets|||1,101,493|-|1,101,493|1,089,635|
|Current assets|||||||
|Stock||9|620|-|620|620|
|Debtors||7|30,684|-|30,684|13,088|
|Short term i nvestments||6|62,687|-|62,687|62,286|
|Cash atbankand in|hand|6|386,394|-|386,394|371,785|
|Total current assets|||480,385|-|480,385|447,779|
|Creditors:amountsfalling due within one year||8|(70,463)|-|(70,463)|(99,456)|
|Net current assets|||409,922|-|409,922|348,323|
|Total assets less current liabilities being net assets|||1,511,415||1,511,415|1,437,958|
|Funds of the|Charity||||||
|Unrestricted funds -|Designated|10.1|92,653||92,653|101,458|
|Unrestricted funds -|General|10.1|1,418,762||1,418,762|1,336,500|
|Restrictedfunds||10.1|||||
|Total funds|||1,511,415||1,511,415|1,437,958|
|Signed on behalf of the Board of Trustees|||||||
||Signature||Print Name||Date of Approval||
|||Mrs Melanie Armstrong|||n _hi _|_in_|
|p|________||Mr Paul Gooderham||\~\) cn|_\xh_|





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||2022|2021|
|---|---|---|
||£|£|
|Cash flows from operating activities|||
|Profi t for the fi na nci a 1 yea r|73,457|805|
|Adjustments for:|||
|Depreciation of tangible fixed assets|40,246|36,116|
|(lncrease)/decrease in debtors|(17,596)|11,848|
|(Decrease)/increase increditors|(28,993)|16,485|
|Interest receivable|(590)|(198)|
|_Net cash generated from operations_|66,524|65,056|
|Cash flowsfrom investing activities|||
|Purchase of tangiblefixed assets|(52,104)|(4,300)|
|Movement in cash investments|(401)|(197)|
|Interest received|590|198|
|_Net cash used in investing activities_|(51,915)|(4,299)|
|Net Increase in cash and cash equivalents|14,609|60,757|
|Cash and cash equivalents at the beginning of the year|371,785|311,028|
|Cash and cash equivalentsat the end of the year|386,394|371,785|






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|Recognition of incoming|These are included in the Statement of Financial Activities {’SoFA") when:|
|---|---|
|resources|•the Charity becomes entitled to the resources;|
||• it is probable thattheywill receive the resources; and|
||• the monetary value can be measuredwithsufficient reliability.|
|Incoming resources with related|Where incoming resources have related expenditure (as with fundraising or contract|
|expenditure|income) theincomingresources and related expenditure are reported gross in the SoFA.|
|Grants and donations|Grants and donations areonlyincludedin the SoFAwhen theCharityhas unconditional|
||entitlement to the resources and receipt is considered probable.|
|Government grants|Government grants are recognised in the Statement of Financial Activities when the|
||Charityhas entitlement to the grant, it is probable that thegrant will bereceived and the|
||amount of the grant can be measured reliably.|
|Tax reclaims on donations and|Incoming resources from tax reclaims are included in theSoFAat the same time as the|
|gifts|gift to which they relate.|
|Contractual income and|This is onlyincluded in the SoFA once the related goods or services have been delivered.|
|performance related grants||
|Gifts in kind|Gifts in kind are accountedfor at a reasonable estimate of their value to the Charity or the|
||amount actually realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or|
||distributed by the Charity.|
||Gifts in kindfor use by the Charity are included in the SoFA as incoming resources when|
||receivable.|
|Legacies|All incoming resources are included in the SoFAwhen the Charity is legally entitled to the|
||income and theamount can be quantified with reasonable accuracy and receipt is|
||assessed to be probable. For legacies, entitlement is the earlier of the Charity being|
||notified of an impending distribution or the legacy being received.|
|Donated services and facilities|These are onlyincluded in incoming resources (with an equivalent amount in resources|
||expended) where the benefit to the Charity is reasonably quantifiable, measurable and|
||material. The value placed on these resources is the estimated value to the Charity of the|
||service or facility received.|
|Volunteer help|The value of any voluntary help received is not included in the Accounts but is described in|
||the Trustees’ Annual Report.|
|Investment income|| (This is included In the tecounts when receivable.|
|Investment gains and losses|This includes any gain or loss on the saleof investments andany gain or loss resulting|
||from revaluing investments to market valueat the end of the year.|
|Fund accounting|General funds are unrestricted funds which areavailable foruseat the discretion of the|
||Trustees in furtherance of the general objectives of the Charity and which have not been|
||designatedfor other purposes.|
||Designated funds comprise unrestricted funds that have been set asideby the trustees|
||for particular purposes. The aim and useof each designated fond is set out in note 10 to|
||the Accounts. Restricted funds are funds which are to be used in accordance with|
||specific restrictions imposedby donors or which have been raised by the Charity for|
||particular purposes. The cost of raising andadministering such funds are charged|
||against thespecific fund. The aim and use of each restricted fund is set out in note 10 to|
||the Accounts.|





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|Resources expended|All expenditure is accouted for on an accruals basis and has beenclassified|
|---|---|
||under headings that aggregate all costs related tothe category. Where costs|
||cannot be directly attributed toparticular headings they have been allocated to|
||activates on a basis consistent with use of the resources.|
|Liability recognition|Liabilities are recognised when there is a legal or constructive obligation|
||committing the Charity to payout resources and payment is probable.|
|Pension plan|TheCharity operates a defined contribution planfor the benefit of its employees.|
||Contributions areexpensed as they become payable.|
|Governance costs|Indude costs of the preparation and examination of statutory accounts, the costs|
||of Trustee meetings and cost of any legal advice to Trustees on governance or|
||constitutional matters.|



|Assets||
|---|---|
|Tangible fixed assets for use by|These are capitalised if theycan be used for morethan one year,and cost at|
|Charity|least£1.000. They are valued at cost or a reasonable value on receipt.|
|Investments|Shortterm investments are those funds heldin deposit accounts or equivalent.|
||Fixed Asset investments:Investments quoted on a recognised stock exchange|
||are valued atmarket value at the year end. Other investment assets are|
||included at Trustees' best estimate of market value.|
|Stocks and work in progress|These are valued at the lower of cost or net realisable value.|
|Depreciation policy|Depreciation is charged on a straight line basis at the followingrates:|
||Freehold Property<br>1%<br>Property Improvements 10%&20%|
||Furniture and Fittings 10%<br>Equipment<br>20%|
|Cash and cash equivalents|Cash is represented by cash in hand and deposits withfinancial institutions|
||repayable without penalty on notice of not more than 24 hours. Cashequivalents|
||are highly liquid investments that mature in no more than three months from the|
||date of acquisition and that are readily convertible to known amounts of cash|
||with insignificant risk of change in value. Inthe Cash FlowStatement,cash and|
||cash equivalents are shown net of bank overdrafts that arerepayableon|
||demandand form an integral part of the Charity's cash management.|
|Other accounting policies|:|
|Operating leases|Rentals in respect of operating leases, where substantially all the benefits and|
||risks of ownership remain with the lessor,are charged to theSoFAas incurred.|
|Taxation|The Charity is exempt from taxon income andgainstothe exlentthat such|
||income and gains are applied to its Charitableobjectives. No corporation tax|
||chargearises for the year.|
|Judgements in applying accounting|Inpreparing theseaccounts theTrustees have had to make the following|
|policies and key sources of|judgements: Valuation of property. The freehold property is valued at historical|
|estimation uncertainity|cost rather than valuation. This is on the basis that it is held forlong term use as|
||part of the business|





|||Unrestricted|Restricted|Total funds|Totalfunds|
|---|---|---|---|---|---|
|||funds|incomefunds|2022|2021|
|||£|£|£|£|
|3.1 Otherincome|Donations|632|-|632|12|
||Legacies|31,488||31,488|22,000|
||Amenityfund|19,123||19,123|3,052|
||Government grants|-|48,724 r|48,724|103.818|
||Total|51,243|48,724|99,967|128482|
|Government grants represent amounts received during the current and prioryearfrom Local Authorities in order to support the Charity during the||||||
|Covid-19 pandemic||||||



|3.2 Investment income|Deposit account|590|-|590|198|
|---|---|---|---|---|---|
||Total|590|•|590|198|
|3.3Incoming resources from charitable|Residential care fees|1.335,719||1,335,719|1,092,521|
|activities||||||
||Dining roomincome|148|-|148|652|
||Total|1,335,867|-|1435,867|1,093,173|
|3.4Expenditure on charitable activities|Staff wages & payroll overheads|903,125|48,724|951,849|876,900|
||Food|49,405||49,405|39.517|
||Energy,water,council tax|36,793||36,793|30,644|
||General supplies|24,142|-|24,142|27.517|
||Garden|26,515|-|26,515|18,920|
||Equipment|17405||17,105|13,145|
||Facility maintenance|87448||87,248|68,288|
||Insurance|7,671||7,671|5,722|
||Office,fees etc|23,089|-|23,089|26,776|
||Employers national Insurance|50,079||50,079|48,579|
||Employers pension costs|14,638||14,638|14,274|
||Training|4,121|-|4,121|3,872|
||Depreciation|40,246||40,246|36,116|
||Audit fee|8,000|-|8,000|7,500|
||Amenityexpenditure|22,066|-|22,066|3,678|
||Total|1,314443|48,724|1,362467|1421,448|





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||2022<br>2021|
|---|---|
||£<br>£|
||Gross salaries and agency costs<br>951,849<br>876,900|
||Employer's national insurance costs<br>50,079<br>48,579|
|4.1 Staff costs||
||Employer's pension costs<br>14,638<br>14,274|
||Total<br>1,016,566<br>939,753|
||2022<br>2021|
||number<br>number|
||Charitable activities<br>59<br>54|
|4.2 Average number of<br>employees in the year|Governance<br>1<br>1|
||Total<br>60<br>55|
|4.3 Trustees remuneration and|No emoluments were payable to theTrustees for their qualifying services inthe|
|Trustees expenses|year (2021: £Nil).<br>No expenses were reimbursed to the Trustees in theyear (2021: £Nil).|
|4.4 High Paid Staff|No staffmember is paid in excess of £60,000 per annum (2021: None).|
|4.5 Related party transactions|There were no related party transactions in the year ended 31 December 2022<br>(2021: Nil).|
||The key managementpersonnel of theCharity comprises theTrustees and senior|
||management. The total amount of employee benefits (includingemployer pension|
||contributions and employers national insurance contributions) received bykey|
||management personnel for theirqualifying servicesto the Charity in the yearwas|
||£119,256 (2021: £115,240).|





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||Original<br>buildings|Building<br>extension<br>1985|Building<br>development<br>1991|Building<br>development <br>2009|Improvement|Fixtures,<br>fittings &<br>equipment|Total|
|---|---|---|---|---|---|---|---|
||£|£|£|£|£|£|£|
|Balance brought forward|16,145|68,968|334,277|836,652|194,380|207,847|1,658,269|
|Additions|-|-|-|-|36,626|15,478|52,104|
|Balance carried forward|16,145|68,968|334,277|836,652|231,006|223,325|1,710373|
|5.2 Accumulated depreciation|and impairment provisions|||||||
|Basis|Straight<br>Line|Straight<br>Line|Straight<br>Line|Straight<br>Line|Straight<br>Line|Straight<br>Line|Total|
|Rate|1%|1%|1%|1%|10%|10% & 20%||
|Balance brought forward|8,814|26,214|99,800|100,404|151,629|181,773|568,634|
|Depreciation charge foryear|161|691|3,350|8,368|14,154|13,522|40,246|
|Balance carried forward|8,975|26,905|103,150|108,772|165,783|195,295|608,880|
|5.3 Net book value||||||||
|Brought forward|7,331|42,754|234,477|736,248|42,751|26,074|1,089,635|
|Carried forward|7,170|42,063|231,127|727,880|65,223|28,030|1,101,493|





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||2022|2021|
|---|---|---|
||£|£|
|Cash at bank|||
|Current accounts|386,042|371,319|
|Petty cash account|352|466|
||386,394|371,785|
|Shortterm investments|||
|Deposit account|61,044|60,643|
|Investment account|1,643|1,643|
||62,687|62,286|
|Total|449,081|434,071|



|Note 7 - Debtors and Prepayments|||
|---|---|---|
|Analysis of debtors|Amounts falling due|within one year|
||2022|2021|
||£|£|
|Resident fees outstanding|16,723|7,480|
|Fees & insurances prepaid|2,913|1,302|
|Service contracts prepaid|4,571|4,306|
|Capital deposit|6,477|-|
|Total|30,684|13,088|



||2022||2021||
|---|---|---|---|---|
||£||£||
|Tradecreditors||11,238||6,986|
|Staff costs||36,194||35,459|
|Residents fees paid in advance||11,188||25,978|
|PAYE/NIC/Pension||3,843||23,533|
|Audit fee||8,000||7,500|
|Total||70,463||99,456|






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||Amounts falling due|||
|---|---|---|---|
||within one year|||
||2022||2021|
||£|£||
|Food stock|620|620||
|Total|620|620||



|10.1 Movement of Funds||||||||
|---|---|---|---|---|---|---|---|
||Fund balances at<br>1 January 2022||Incomi ng<br>resources|Outgoing<br>resources<br>„<br>,<br>Transfers||Gams and<br>losses|Fund balances at<br>31 December 2022|
||£||£|£|£|£|£|
|Unrestricted Funds||||||||
|General Funds||||||||
|General fund|1,336,500||1,356,212|(1,273,950)||-|1,418,762|
|Designated Funds||||||||
|Maintenance fund||42,005|-|-|||42,005|
|Benevolent fund||37,453|-|-||-|37,453|
|Legacyfund||22,000|31,488|(40,293)||-|13,19S|
|Total Designated Funds|101,458||31,488|(40,293)||-|92,653|
|Total Unrestricted Funds|1,437,958||1,387,700|(1314,243)||-|1,511,415|
|Restricted Funds||||||||
|Infectioncontrol fund|||9,468|(9,468)||-||
|PPE fund||-|31,672|(31,672)||||
|Rapid test fund||-|6,584|(6,584)||•|-|
|Apprentices||-|1,000|(1,000)||-|-|
|Total Restricted Funds||-|48,724|(48,724)||-|-|
|Total of Funds|______ 1,437,958||1,436,424|(1,362,967)____________||-____________-_______1,511,415||
|**Unrestricted Funds**||||||||
|Thesefunds relate to unrestricted income tobe usedtosupport||||the Charity's objectives.||||



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|Comparitive table for 2021|Fund balances<br>at 1 January<br>2021|Incoming<br>resources|Incoming<br>resources|Outgoing<br>resources|Transfers|Gains and<br>losses|Fund balances<br>at 31 December<br>2021|
|---|---|---|---|---|---|---|---|
||£|£||£|£|£|£|
|Unrestricted Funds||||||||
|General Funds||||||||
|General fund|1,355,075|1,121,038||(1,165,952)|26,339||1,336,500|
|Designated Funds||||||||
|Maintenance fund|42,005||||||42,005|
|Benevolent fund|37,453||-|||-|37,453|
|legacy fund|||22,000|-|-|-|22,000|
|Total Designated Funds|79,458||22,000||||101,458|
|**Total Unrestricted Funds**|**1,434,533**|**1,143,038**||**(1,165352)**|**26339**|-|**1,437,958**|
|**RestrictedFunds**||||||||
|Infection control fund|318||39377|**(39,695)**|-|-||
|PPEfund|2,302||-|(2,302)|-|-|-|
|Rapid **test **fund|-||39,838|(13,499)|(26,339)|-|-|
|**Total Restricted Funds**|**2,620**||**79,215**|**(55,496)**|**(26339)**|-|-|
|**Total of Funds**|**1,437,153**|**1,222,253**||**1,221,448**|-|-|**1,437,958**|



||Tangible Fixed<br>Assets|Net Current<br>**Assets**|Creditors > 1<br>year||Total Funds|
|---|---|---|---|---|---|
||£|£|£||£|
|**Unrestricted Funds**||||||
|General fund|1,101,493|317,269|||1,418,762|
|Maintenance fund||42,005|||42,005|
|Benevolent fund|-|37,453||-|37,453|
|Legacy fund|-|13,195||-|13,195|
||1,101,493|409,922|||1311,415|
|**Restricted Funds**|-||||-|
|**Total Funds**|1,101,493|409,922|||1,511,415|
|ComparativeTablefor 2021||||||
||Tangible Fixed|NetCurrent|Creditors > 1||Total Funds|
||Assets|Assets|year|||
||£|£|£||£|
|**Unrestricted Funds**||||||
|General fund|1,089,635|246,865||-|1,336,500|
|Maintenance fund||42,005||-|42,005|
|Benevolent fund||37,453||-|37,453|
|Legacy fund|-|22,000||-|22,000|
||1,089,635|348,323||-|1,437,958|
|**Restricted Funds**|-|||-|•|
|**Total Funds**|1,089,635|348,323|||1,437,958|





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||2022|2021|
|---|---|---|
||£|£|
|Within lyear|12,629|12,485|
|Within 2-5years|50,515|49,939|
|Over 5 years|23,153|35,374|
||86,297|97,798|