Bethesda Eventide Homes Registered charity number: 1051043 Report and Accounts Year ended 31 December 2023 Bethesda Eventide Homes Registered charity number: 1051043 Contents Pages Trust Information Trustees, Report Audltorfs Report 10-13 Ststement of Financlal Activitie5 14 Balance Sheet 15 Cash Flow Statement 16 Notes to the Accounts 17-26 BetP*sda Eventide Homes. Report afKI Accounts 2023 Pa8e 2 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Trust Information Trustees Mrs Karen Fairweather Mrs Melanle Armstron8 Mr Paul Gooderham Mr Andrew Wrl8ht Mrs Christlne Jaye Mr Terry Mann Mrs Janet Gunner Chalrper50n Secretary Treasurer Registered Charity Number 1051043 Address 59a Henley Road Ipswlth Suffolk IPI 3SN Auditor Sumer Audltco Llmlted Fltzroy House Crown Street Ipswith Suffolk IPI 3LG Bankers Barclays Bank PIC Prlnces Street Ipswith Suffolk IPI IP8 8ethesda Eventlde Homes, Report arnl Account5 2023 Pa8e 3 of 26 Bethesda Eventide Homes Reglstered charlty number: 1051043 Trustees, Report The Trustees present their report and the flnancial statements for the year ended 31 December 2023. The flnanclal statements have been prepared in accordance with the accounting policies Specified in the Charitrfs trust deed, the Charitles Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charlties {FRS 10212015. Legal and Administrative Information Bethesda Eventide Homes, Ipswich is a trust created by a deed dated 25 October 1995. The Trustees set out below held office durin8 the financial year and to the date of thi5 report unless otherwise stated:. Mrs Karen Falrweather Mrs Melanle Armstrong Mr Paul Gooderham MrAndrew Wrlght Mrs Christine Jaye MrTerry Mann Mrs Janet Gunner Chalrperson Secretary Treasurer At the end of the flnanclal year131 December 2023) there were seven Trustees. The mlsslon of the Homes is an extenslon of the Care mlnlstry of the 8ethesda Baptlst Church, Ipswlch but there is no direct organisatSonal or financlal relatlonship between the two charltles, except that by tradltlon all trustees have been members of the Church. Object Bethesda Eventlde Homes (the "Homes" or the "CharStf) provides hlgh quallty resSdentlal care to the elderly In an envlronment where Indlvlduals are encouraged to retaln thelr own Identlties and the lifestyle of their choice accordin8 to their physlcal and mental capabllities. The actlvltie5 of the Home5 are carried out at the address of the Homes. Our objectlves are the relief of the elderly by providing and rnaintaining a residential or convales￿nt care within an environment to benefit those elderly Chrlstlan persons who are In necessltous clrcumstance Organisation The Trustees have a collectlve respon51bilty for all of the CharitVs assets. ￿s1deftts, staff and to satisfy the requirements of the Trust Deed. The Trustees maintain an active responsibility for the secretarial and financial management of the Homes and oversee the social and maintenance activities, and the recruitrnent of Management staff. Ouring the year Trustees and three senlor members of staff have met formally on a regular basis to revlew and address flThanclal and operatlonal matters. The Charlty Is a member of the Suffolk Association of Independent Care Provlders CSAICP) and Community Action Suffolk. Contact with the Care Quality Commission ICQC) and Suffolk County Countll Adult Community Services is maintained where assistsnce and advice can be sought by the Manager and Trustees rf needed. Beth&sda Eventide Home5. Report and Accounts 2023 Page 4 of 26 Bethesda Eventide Homes RegSstered charity number: 1051043 Transactions with related parties There were no transactions wlth related parties in the year.12022: £Nill Activities during the course of the financial year The Trustees have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public beneflt 8uidance1s5ued by the Commlssion. It has becorne apparent, due to the rapldly Sncreasins cost of livln& that the disparity between councll support and our fees means that we are no lon8er able to support purely councll funded residents wlthout a thlrd party top up agreement In place. Residents Durlng the year 10 resldents passed away. The Homes are reglstered to provlde care for up to 27 residents and at the end of the year there were no unoccupled homes and there was a total of 26 residents. One Home is designated as a double but at the yearend the room was occupied by a slngle resldent. The Homes continue to welcome residents requSrlng speclallst care Includlng provldlng Increaslng support for Indlvlduals Ilvlng wlth dementla. A programme of soclal events Is organlsed by the staff, A5 a Chrfstian Charlty, the resldents, spirltual care is consldered of vltal Importance and re8ular devotional times and Holy Cornmunion were organised throughout the year. The Trustees and other member5 of Bethesda Baptist Church, Ipswich and other local churches, provides spSritual support to IndNidual residents, The care of our residents contlnues to be the priorkty and everything possible is done to provlde them wlth everythln8 they need day by day. A close relatlonshlp exlsts between the Homes, staff and residents, families and next of kin to aid this objective. Staff The Management Stnjcture Is under constant revlew to keep up wrth the changin8 requlrements of the Home and Its resldents constantty chan8ing needs. Senlor Staff as at 31 December 2023 Home5 Manager Business Manager Deputy Manager MrT Horrex Mrs K Bannister Mrs C Cates Care Administrator Mrs A Youn8man Senlor Team Leaders Mrs D Gladdlng Mariola Boratyn Samantha Bird Sally Kelleher Carly Barton Mllan Smlth Patricia Range 8ethesda Eventid? Ho￿. Report a￿1 Accounts 2023 Page 5 of 26 Bethesda Eventide Homes Reglstered charlty number: 1051043 On average durlng the year 67 staff, many of them part tlme workers, were employed at any one tlme. The staff requirement at a particular time 15 dependent on the overall care needs of our residents but the effect of a stable workforce 15 very much to the residents benefit in ensuring a continulty of care and good relationshlp between the staff and residents. Staff trainin8 Ss a vitally important a5pert in providing good care and with the intske of residents living with dementia, a considerable amount of 5pec5al training continues to be Provided to staff. At the end of the financial year 55% of our care staff were qual"rfled to NVOIQCF Level 2 or above, all new care staff complete the Care Certificate. Staff related costs accounted for approximately 75% of expenditure. Pay pollry for senlor Stsff (Key management personnel) This is reviewed annually with reference to appropriate indices. The annual appralsal systern for Senior management Includes performance objectlves that are utllised In pay revlews. Volunteers All Trustees have specific responsibilitSes and duties relating to the operation of the Homes, which are carrled out on a voluntary basls. Trustees are usually recruited and appointed from the fellowshlp at Bethesda Bapt15t Church and are recrulted accordln8 to thelr sklll set. There should be at least three Trustees and all new Trustee5 a￿ appointed by a resolution of the Trustees carried by 75% votes followin8 a Special Meetin8 of Trustees. Newly appointed Trustees are subject to an induction process. whlch includes spending time with the Managers, so they are aware af the operational policies and procedures adopted wlthln the Homes. They are also advlsed of thelr responslbllltles under the Trust Deed In respect of the flnanclal and organlsational responsibllitles. New Trustees recelve a copy of the Trust Deed and latest Annual Report and have acces5 to other Trustees for guidan￿ and advSce. There are many people who are not Trustees, particularly frorn Bethesda Baptist Church. Ipswich and other local churches, who regularly contribute to social and splrltual actlvltles on a voluntary ba515. The substsntlal number of hours glven by these people contlnues to have a significant beneflclal Impact on the Homes financlal situation. All volunteers involved with the Homes residents, are the subject of an enhanced level Dlsclosure and Barring servi￿ dlsclosure. Volunteers are known to the Mana8ers and where necessary will be briefed by them re8ardin8 their role and Its Impact on the Homes generally. Building maintenance Durlng the year routine repairs, renewals and decoration5 were carried out to maintain the standard of the Homes with many homes being decorated and new flooring laid. trtems that were capitallsed amounted to £lllk and included a full kitchen refurblshment with uprated electrical wirln8 and electrlc range oven and stearn oven and a new double glazed kltchen door / window unlt to matth windows that were rePla￿d in prevlous years. A fire rated storage cupboard was Constructed in the lower ground floor extension. Additionally. a number of fire doors were upgraded and the new fire door inspection certification was awarded. The dinin8 r(￿rn tables were replaced to create a more usable and soclal dlnlng experience and a defibrlllator machSne was Installed at the Home. Bethesda Eventide Homes. Report and Accounts 2023 Pa8e 6 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Financial review The Homes completed the year with a surplus of £110,628. Due to inflation forecasts of over IO% and Increasingly higher costs, care fees were increased by IO% in April 2023. Employees were awarded a IO% pay increase in April 2023 to ensure that we were above the National Lrving wage of £10.42 whlch Increased In April while still maintainlng the dlfferentlals between the varlous pay grades. Capltal expenditure reached a total of £111,425, wFth a new kitchen refurbishment totalling nearly £52k. a new platfom) lift £16k, Initlal pergola costs £8k and a new window in one of the Homes £4k. Going concern The Trustees have wn51dered the financlal posltlon of the Charlty and wlth the resldents and staff all benefitting from vaccines and boosters, it has enjoyed a lon8 period without any seriou5 impact from cov1￿19 and expects this to continue. The Trustees are confldent that the Charity remalns vlable as a goln8 concern. OUT going concern a55e55ment is further described In the Notes to the Accounts. Reserves Policy At the end of the year the total amount of funds held amounted to £1,622,043. Thls comprlsed of tan8lble flxed assets, free reserve funds. deslgnated funds and restricted funds. A level of reserves Is beneficlal In order to fund any future Capital expenditure. to cover plar)ned repairs and renewals and to glve the Chadty reslllence agaln5t unexpected adverse events. The Trustees alm to retsln a Free Reserve fund of 4 months expendlture and as at 31 December 2023. the Free Funds amounted to £370,196 which represented 3.1 morrths expendlture. The amount of desl8nated funds amunted to £84,597. These funds are used for short to medium term expenditure and each year conslderatlon Is 8Sven by the Trustees to addlng to these funds. Thls reserye should be malntained to cover unforeseen ernergency expenditure. The balance of the Charivs funds Is the totsl value of flxed assets whlch amounted to £1,167,250 Investment Policy The CharFty takes a low-risk approach to Investment, preferrSn8 to malntaln 8reater securlty of fund5, where matching its cash needs are more important than generating profit. Plans for the future The Charity alm5 to contlnue to operate the Homes. malntalnln8 and Impmln8 the facllltles whllst being aware of the ever-increasln8 livinB costs. Information on fundraising practices The Charlty does not undertake fundraislng artivlties. Additlonally: The Charlty does not have any third-party fundraisers actin8 on its behalf. It Is not bound by any voluntsry scheme or standard for regulating fundraising. It has not received any complaints about its fundralslng actlvity over the last year. The Charity has a complaints procedure and would review and learn from any complaints if they were received. 8ethe5do Eventide Report aNI Accounts 2023 Page 7 of 26 Bethesda Eventide Homes Re8iStered charity number: 1051043 Risk Assessment The Trustees continue to rnonltorthe factors which can have a seriou5 detrimental effect on the future viability of the Charlty. The Care Act 2014 continues to have a 5i8nlficant impact on the provlsion of all Health and Social Care and the Trustees will be closely monitorin8 any future developments which may lrnpact on the future viability of the Homes. It has been the Charity's experience that the average age at which people are taking up residency continues to increase along with the health complicatlons that accornpany advanclng years. The pre55ure on staff resources continues to rlse along with the cost of funding the care required. Income from resident5 who qualify for %xial fundin8 from Suffolk County Council continues to be unrealistically low, despite Continuing representations to Suffolk County Council. This is why the Charlty is no longer able to take council funded resldents without a third party top up to full fees. As a Chrlstian Charlty we belleve we should provlde care for all sn need and not Just those who have the financial means to pay the normal fee rates, however new ￿SidentS upon acceptance into the Homes are now a(fvised that should council fundin8 be required they will be required to have a thlrd party top up in place in order to continue to pay the care fees in full. This15 now required to ensure that the total care fee Income remalns at a level whlch enables us to remaln fftnanclally vlable. Durlng 2022, the Home undertook a complete revlew of the cate8orles of care In Ilght of the Increaslng d5fferentes in the level of care requlred for resldents who Ilve with dementia, as opposed to those who do not. Full account has been taken of the physical support needs and as a result the Homes now have slx categorie5 of care three for residentlal care and three for dementia care residence, during 2023 these new categorie5 were workin8 well and represented a truer reflettion of the cost of provldin8 such care. 8ethe5da Eventide Home5 Report ènd Accounts 2023 Page 8 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Trustees, responsibilities in relation to the financial staternents The trustees are responsible for preparing the Annual Report and the financial ststements in accordance with applicable13w and regulations. The law applicable to charities in En8land & Wales requlres the trustees to prepare financial statements for each financial year in accordance with United Kingdorn Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), The trustees must not approve the financial statements unless they are satisfied that they 8ive a true and falr view of the state of affairs of the charity and of the incomin8 resources and application of resources, includin8 the income and expenditure, of the charity for that period. In preparlng these flnanclal statements, the trustees are requlred to: select suitable accounting pollcies and apply them consistentlv; observe the methods and prlnclples Sn the Charities SORP,. make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures dlsclosed and explained In the financial statements. prepare the financial statements on the going concern basis unless it Is inapproprlate to presume that the charity will continue to operate. The trustees are responslble for keepln8 sufficient accountln8 records that di5dose with reasonable accuracy at any tlme the financlal posltlon of the charlty and enable them to ensure that the flnanclal statements comply with the Charlties Act 2011, the Charfty (Accounts and Reports) Regulatlons 2008 and the provlslons of the trust deed. They are also responslble for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor On 28 March 2024 our auditor, S8 Audit LLP. merged with Sumer Audltco Limited. Accordingly SB Audit LLP formally resigned as the as the Charivs auditor with the Trustees duly appointing Sumer Auditco Limited to fill the vacancy arlsln8. The Trustees review the appointment of the auditor annually. Approved by the Board of Trustees and signed on their behalf by Mrs Karen Fainweather (Chalr) Date: Bethesda Eventlde Homos. Report and A¢￿U￿$ 2023 Pa8e 9 of 26 Bethesda Eventide Homes Registered charlty number: 1051043 BETHESDA EVENTIDE HOMES INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BETHESDA EVENTIDE HOMES Opinlon We have audlted the flnanclal statements of Bethesda Eventlde Homes (the 'Charlty') for the year ended 31 December 2023 which comprlse of the Statement of Financial Activlties, the Balance Sheet, Cash Flow and the related notes, including a summary of significant accounting pollcies. The flnancial reporting framework that has been applied in their preparatlon is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financlal Reporting Standard applicable in the UK and Republic of Ireland, (Unlted Klngdom Generally Accepted Accountln8 Practlce). In our opinion, the financial statements: 81ve a true and falr vlew of the state of the charrt¢s affairs as at 31 December 2023 and of It5 Incomlng resources and appllcatlon of resources for the year then ended. have been properly prepared in accordance wlth Unlted Kln8dom Generally Accepted Accounting Practice; and have been prepared In accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audlt In accordance wfth International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are further described In the Auditor's responsibilities for the audlt of the financlal statements sectlon of our report. We are Independent of the Charlty In accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, Includin8 the Flnancial Reporting Councll's Ethlcal Standard, and we have fulfllled our other ethlcal responsSbllltle5 In accordance with these requirements. We believe that the audit evldence we have obtainedls sufflclent and appropriate to provlde a basis for our opSnlon. Concluslons relating to going concern In auditing the financial statement5. we have concluded that the Trustees, use of the golng concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relatlng to events or conditions that, individually or collectively, may cast significant doubt on the Charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responslbllftles and the responslbllltles of the Trustees with respect to Eolng concern are de5crlbed In the relevant sections of thls report. Other inforniatlon The other information comprises the information included sn the Annu31 Report other than the financial statements and our Audttor's Report thereon. The Trustees are responsible for the other information contained wtthin the Annual Report. Our opinion on the financial eethesda Eventide Homes, Report and Accounts 2023 Page 10 of 26 Bethesda Eventide Homes Registered charity number: 1051043 statements does not cover the other informatlon and. except to the extent otherwlse explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility Is to read the other Informatlon and, In doing so. consider whether the other Inforniatlon Is materlally Inconsistent with the financlal statements or our knowledge obtained in the course of the audlt, or otherwise appears to be materially misstated. If we identlfy such material Inconslstencle5 or apparent material misstatements, we are required to determlne whether thls glves rlse to a materlal mlsstaiemeni In the flnancial statements themselve5. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report i n respect of the followlng matters where the Charities (Accounts and Reports) Regulatlons 2008 requires us to report to you if. in our opinlon: the information 8iven in the Trustees, Report is inconsistent in any material respect with the financial statements. or sufficient accountin8 records have not been kept; or the financial statements are not In a8reement with the accountlng records and returns; or. we have not received all the informatlon and explanations we require for our audlt. Responsibilitles of Trustees explalned more fvlly In the Trustee's Responsibilities Statement, the Trustees are responsible for the p￿paratIOn of the financial statements and for bein8 satisfied that they give a true and fall view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparln8 the financial statements, the Trustees are responsible for assesslng the Charity's abillty to contlnue as a goln8 concern, dlsclosln8, as appllcable. matters related to 8oln8 concern and using the goin8 concern basis of accounting unless the Trustees elther Intend to Ilquidate the Charity or to cease operations, or have no realistic alternatlve but to do 50. Auditor's responsibilities for the audit of the flnancial statements We have been appointed as audltor under sertion 144 of the Charitles Act 2011 and report In accordance with the Act and relevant re8ulations made or havlng effect thereunder. Our objectives are to obtaln reasonable assurance about whetherthe financlal statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that include5 our opinion. Reasonable assurance is a hlgh level of a55urance, but is not a guarantee that an audit condutted in accordance with ISAS (UK) will always detect a material misstatement when it exlsts. Mlsstatements can arlse from fraud or error and are considered materlal if. Indivldually or In the aggregate, they could reasonably be expected to Influence the economic declslons of users taken on the basls of these flnanclal statements. Bethesda Eventlde Homes, Report and Acc¢)unts 2023 Pa8e 11 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Irregularities. including fraud, are instances of non-compliance with laws and regulations. We desi8n procedures in line with our responsibilitles, outlined above, to detect material misstatements in respectof irregularities, includingfraud. The extent to which our procedures are capable of detecting irregularltles, Including fraud is detalled below: We identlfled areas of laws and re8ulatlons that could reasonably be expected to have a materlal effect on the financial statements from our general charitable or8anlsation experience and through di5CU55ions and enquirle5 of Trustees and management. During the engagement team brieflng, the outcomes of these discussions were shared w5th the team, as well as consideratlon as to where and how fraud may occur In the Charlty. The following laws and regulatlons were identified as being of significance to the Charity: Those laws and regulatlons consldered to have a dlrect effect on the flnanclal statements including UK financial reporting standards, taxation regulation5 and the Charities Att 2011. The Charity is subject to many other laws and re8ulation5 where the consequence5 of non-compliance could have a materlal effect on amounts or disclosures In the flnanclal statements, for Instance through the Imposltlon of fines or Iltigatlon. We identifled the followin8 areas as those most likely to have such an effect: meetSng requlrements Implemented by the Care Quallty Commlsslon (CQC), health and safety, human rights and employment law, food safety and GDPR compliance. Audit procedures undertaken in response to the potentlal risks relatin8 to irre8ularitles (whlch include fraud and non-compliance wlth laws and regulatlons) comprlsed of: enquiries of management and those charged with governance as to whether the Charity complies wlth such regulations. enquiries of management and those charged with governance concerning any actual or potential litigation or claims, inspection of relevant legal documentation, review of board minutes, testlng the appropriatene55 of entries In the nominal ledger, including journal entrle5 and the performance of analytlcal procedures to identlfy any unexpected movements In account balances whlch may be indlcatlve of fraud. There are inherent limitatlon5 In the audlt procedures descrlbed above and the further removed non-complian￿ with law5 and re8ulatlons Is from the event5 and transactions reflected in the flnancial statements. the less likely we would becorne awa￿ of It. Irregularities that result from fraud ml8ht be inherently more dlfficult to detect than irregularities that result from error. As explained above, there Is an unavoldable rlsk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAS IUK). A further description of our responsibilities forthe audit of the financial statements is located on the Financial Reporting Council's website at: v4W￿.frC.orq.UkIaudIt0rsreSponSIblIItIe5. This descrlption forms part of our Audltor's Report. Bethesda Eventide Homts. Report arKI Accounts 2023 Pa8e 12 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Use of our report This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities IAccounts and Reports) Regulations 2￿8. Our audit work has been undertaken so that we mlght state to the Charity's Trustees those matters we a￿ required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charlty and its Trustees, as a body, for our audit work, for this report, or for the opinions we have formed. Sumer Auditco Limited Statutory Auditor Fitzroy House Crown Street Ipswlch Suffolk IPI 3LG Date: 24 july 2024 SumerAuditCo Limited are eli8ible to act as auditor in terms of section 1212 of the Companles Act 2006. Bethesda Eventide HOTh￿5. Report •rd Accourts 2023 Pa8e 13 of 26 Bethesda Eventide Homes Re8iStered charity number: 1051043 Bethesda Eventlde Homes ort and Accounts Year ended 31 December 2023 Re Section A - Statement of Financial Activities Recommended C*e8orles artlvl Detsirs ¢rf own anal lknr•strla•d Aosthtt•d lundg Incom• funds Income from: N￿eS lknnatlons,14ad¢s ttL 32,120 Investments Inierest received 3.870 3,870 table Ktfvltles C•re Fe95, Dlnln8 room Income, 3.3 I￿38,679 1538,679 1,335A66 OthLY 2?￿87 22A87 67y7 T(thl hKomh¥ r•sourr•i 1565.436 1.565A36 1.436.423 EXp￿dIlUrE on Chwhabl• In fvrth•ranc• of the chafliy's Attlvltles obkrtlvE5 1.454,808 I,454￿08 1,362,967 110.628 110.628 73A57 Tranjfers between funds Trt41 kndi forwwd 1511,415 I.SIIA15 1.437,958 Trf•l fwh4s ¢wrf¢d lorwwd I.622￿45 1.622.043 1.511.415 Bethesda Eventide Homes, Report and knunts 2023 Page 14 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Bethesda Eventide Homes Re ort and Accounts. Year ended 31 December 2023 Section B - Balance Sheet Unrestricted ReStr￿ted nds Income fvnd5 Total 2023 Total 2022 Flwj Assets Bulldlngs Moveable Items 1.118A82 1.118.882 1.073.463 28A130 53 48,a68 1.167.250 48.368 Tgt* fa•d •ss•ts 1.167.250 1.101.493 Ojrrent a5S*ts Stuck 620 620 620 Debtors 26.960 2fj.960 30,684 short temi Invostmonts 87,OM 87.044 62,687 Cosh at bank and In hand 403.134 403.134 386,394 517.758 517.758 480.385 Crndltors,, Imounts falllng due wlthlTr one yew 162,9651 162.9651 170,463) Plet¢urreNI •ss•ts 454,793 454.793 4Q9,922 Tot￿ •u•ts1•o omnt Il#bllltl*s b•lty N•t *M•ts 1,622J)43 1,622,043 1.511A15 Funds of the Charity Unrestrlcled funds- Desl4nated Unr•strlctad fvnds- G•rtqfil 10.1 84597 84,597 1.537,446 92.653 10.1 1537W6 IA18.762 Restricted funds 10.1 1.622,043 1.622.043 1.511.415 Slgned on behalf of all the trust*s ￿nI￿r• Prlrt Nwn• Dit* of*•prtr4al Mr5 Mpjanie AnnstronR Is/ol Mr Paul Gooderham Bethesda Everrtlde Homes, Report and Acctyjnts 2023 Pa8e IS of 26 Bethesda Eventide Homes Reglstered charity number: 1051043 Bethesda Eventide Homes Report and Accounts, Year ended 31 December 2023 Section B - Cash Flow Statement 2023 zozz Cash flows from opor*ing xti¥ltl•s Prollt for the flnandal year 110,628 73,457 Adjustments for: Depredatlon Movement In debtors Movement In creditors Interest recelvable 45,668 3,724 {7,4991 <3,8701 40,246 (17.596) (28,9931 (5901 148,651 66524 C•*h fiows from In¥•stlni acll¥ftl•s Purchase of tanglble flxed assets Movement in cash investments Interest received {111,425} ¢24,357) 3,870 152,104) {401) 590 1131,912) 151JlSI Net Increase In cash and tash equlvalents 16,739 14,609 Cash and cash equlvalents at the beglnnlng of the year 386.394 371,785 Cash and cash equlval•iits •t the •nd of th• y•v 403,133 386J94 B*hesda Eventide Homes. Report and Accounts 2023 Pa8e 16 0126 Bethesda Eventide Homes Registered charity number: 1051043 Bethesda Eventlde Hornes Report and Accounts, Year ended 31 December 2023 Section C- Notes to the Accounts Note 1- 8asis of preparation 1.1 Basis of accounting The Charity constltutes a publk beneflt entiry as defined ty FRS 102. The flnanclal statements have been prepared in accordance with"kcountlng and fle￿rtIn8 by Charltles: ststement of Rec¢mrrÉnded Practlce appllcable to charftles Prepar1￿ thelr accounts In accordance with the FIna￿l81 Re￿rtIng StaNlard applkable in the UK and Republlc of Ireland IFRS 102r and the Financial Reportlng Standard applicable In the Unlted Kln8dom and Republlc of Ireland ¢FRS 102) and tt* Charttles Act 2011 and UK Genernlty Accepted Practlce as It applles from l January 2015. The financial statement have been Ple￿red to glve a "tn￿ and falrf vlew and have departed from the Charitles IAccounts and Reports) Re8ulatlons 2LK)8 only to the extert requlred to pro￿de a 'true and falr . Thls deporture has Involved followlrw "A¢¢ountlry and Rewrtlry by Charttles; Statement of Recommended Practlce applicable to charltles preparfr8 thelr accourrts In accordance wtth the Flnarrtlal Reporting Standard applicable In the UK and RepulAic of Irelarnl IFRS 1021. rather than the kcountin8 and Reportin8 char1t￿5. Statement of Recommended Practice effective frorn l Awll 21x15 and which has since been wlthdrawn. CharlW$ functSonal and presentatk>nal curr•ncy Is G8P. 1.2 Going concern The Trustees have considered the Charitvs flnanclal posltlon at the date of apKYoval of the flnanclal statements, and, In partlcular the contlnulNd urKertainties and operdtlonal aThl financlal challenges to the resldentlal care home durin8 the on8oln8 Covld19 pandemlc. The Charity continues to operdte under tonthtlons •nd apptylw safeguards as descrlbed In the Tntstees, Report. The Trustees have considered the financial strength of the Charity and have concluded that they have a reasonable expectstlon that the Charlty will have adequate resources to contlnue in operational ex15tence for the foreseeable future, beln8 at least twefve rTrJnths from the date of $18nir¥ these financSJl statements, and they therefore continue to adopt 8oln8 concern basi5 of accountlng In preparln8 tr*se financlal slatements. Bethesda Eventlde Home5. Rep¢yt and Accwnts 2023 Page 17 of 26 Bethesda Eventide Homes Registered chartty number: 1051043 Bethesda Eventlde Homes Report and Accounts, Year ended 31 December 2023 Sectlon C - Notes to the Accounts Note 2 - A(£ountln8 polldes Incoming Resources Atto8nttlon of In¢omlni r•sources These are Indudg(I In the Statemert of Finandal Acti¥rtle> (SOFAI whth: • It 15 probable that they v4ill r￿e1Ve the re50urce5,' and • the monet• value can be measured wlth sulflclert fdlabilit Incomin8 resourc•s ¥thth id•lod pend+ture Vthere in￿MIn8 resources hève feloted e¥pendlture las w*th fundrJisin8 or cs)ntr4cl I￿Orne) the incornln8 resour￿ and related e¥pendlture are rewrted gross in the SOF Grants and don•tlons Grants and donaiions ar• onty Indudwj In th SOFA when Ihe Charlty has uncondlllonal •Dtltlem•nt to tl* r•soufCts and r•c•l Is consld•r•d robable. Go¥wnm•nt qrants Gov¢mmqrt 8r4nl$ 4rn rqco8nlsed In theStot¥m•nt ol Finandal Act￿￿11e5 wh•n th• Charlty has entlllemeni to the 8raTrt. It Is probafAeihat the grant ￿11 be recelved Jnd the amour)t olthe ront can bp rn￿ured rdlab Tax recI￿rn$ on donatlons and lifts Incoming resources from tax redaim5 Ire I￿l￿ded In theSoFA at the same tlme as #lft to whith th relate. Contr)ctual Income •fid orni•nce rel•ted rnnts Thls Is only Induded In SOFA ono the rel•t￿l or Ar¥k•s h•v• been dellvered. Glfts In klnd Gifts in klnd are accounted for It 4 r•asonabl• •stlm•t• of thdr vlu• to th• or the amount actually feallsed. Glfts In klnd for sale or dlstrlbutkjn ¥e Inclu+Jed In th•4¢¢ount$ Is 81fts only sold or dlstrlbuted by thtCh•rStv- Glfts In klnd for weby the Chwlty •re 1rtdud￿ In theSoFA •s Inc¢m1￿ resources T*kn r￿e￿able. All incomlnB resources are Inelud•d In ihe SOFA t•thon the CharStY 15 legolly entltloj to th• Income the amount can be quantlfled ￿th reasonable accuracy and r•cebpt Is assos5ed to bè probab￿. For loqacles, entitl•mwrt is th• ••rllw ol the Charbiy belni nmffiedotan Im dl dlstrllyrtlon or ihe I bdn Or*)*l aTrJ facillJo8 They• ore ￿1￿1¢￿ kn ￿￿nIng amojit kn r•8CifC08 0xpo￿ whw• th• t*nofl1 to ts Charfly 18 owntM•ilo. M￿Y[th •nd m8t•rknl Th• p*•d Jl 10 to I ri[w￿￿E1 Jlthnento. ReelriGIBd funds lo b¥ wj kn occtrt8rn* wlh I￿1￿ im￿¥d rah•d ch￿ty1￿r PQ•05. Grjul W￿•1M1r1￿l￿WvJ s￿￿ lur•J8 •ffA ¢lwyod •Jthst th• Spec￿ alm UB8 dogch re8lrithJ I￿￿] kn 8•1 ThX• 10kntr• slatomwts. Bethesda Éventlde Hfjms Report #nd A¢e4unts 2023 Page 18 of 26 Bethesda Eventide Homes Re8iStered charity number: 1051043 Bethesda Eventide Homes Report and Accounts, Year ended 31 December 2023 Section C - Notes to the Accounts Note 2- Actountin8 polides, contlnued Expenditure and Liabilities 1 xcwrt•d trjr on an •¢au•lB tr46ii hal b••n cl*bfflwl u d*t%lJy attIb￿ ti> h￿fjr￿ h*￿ ba8n al(ratBd to athfjl88 8 ba8 Charfty to reKwrc¢6 and pa￿n6n1 le pr3B,679 1538*79 1,335,718 tXDlr4 roDm Intthfi• 679 Losa.730 1.053.730 951J49 49￿7fj 49.676 49AOS en•ryy. w•k#r,¢ouncH t 32333 J1333 21,202 3A39 36.793 21.202 24.142 G¥den 3A39 26.51$ 17.105 87.248 Equipm•it 20,297 20,297 83.032 83.032 9,615 9,615 7,671 2Y, 50,079 12A17 Z2.417 SOJ07 50907 16,7ZI 16,71Z 9.248 14,6Ja TTainlni 9248 4,121 45A68 45,66B A￿11 F•e 8J20 27.707 8,920 Amenlty 27.702 2l¢J66 IN54JOi V54IOB IJ6 Bethesda Eventide Homes Report and Accounts 2023 Page 20of 26 Bethesda Eventide Homes Registered charlty number: 1051043 Bethesda Eventide Homes Report and Accounts, Year ended 31 December 2023 Section C - Notes to the Accounts Note 4- Paid Employees zozJ 2112Z Gross salailes and aRency costs Employff's Natlond Insuranc¢ co#5 Employerfs Penslon costs T(tsl 1x153.730 951.849 50,907 50,079 4.1 St•ff Costs 16.722 14.638 1.121.359 1,016,566 2023 2012 number number Charltable ktlvttles 66 59 4.2 A￿r￿# number ol •mployees In the y••r GoYern•n¢e Trtal 57 60 4.3 Tr￿le•S R•mUTr•r*l￿ wxl TThth•$ Expeims No emoluments are payable to the Tnjstees 12022 NII> No eynses were reimbursed to the Trusteos12022 NIII 4.4 H*h P•ld 5t•ll No stsff member Is pald In excoss of £60,000 per annum1202Z Not)el There wef• rpjated party trnnsa(tions In the y*r ended 31 De￿rnber 2023 12022 NS1} The koy man¥ement personnèl of the Charlty cornprlses the trustees and 5enlor mana8ement, The total amount of employee benefits Ilndudlng em￿0ver pension tt>ntrlbutlons and em￿¥￿$ n•tloThal Insur•nee Contributions) recelvtd by key personnel for qu•llfylng 5ervlce5 to the tharlty £aSSh37 12022 - £119.256) 4.6 W Iii¥iwin•nt p•rswn•l Bethesda Evenllde Hornes, Report and A￿ouThts 2023 Page 21 of 26 Bethesda Eventide Homes Registered charity number: 1051043 8ethesda Eventlde Homes Re ort and Accounts, Year ended 31 De￿mber 2023 Section C- Notes to the Accounts Note S- Tan8lble Hxed Assets 5.1 Cost orvakmtbon Orl8ln41 b￿ld1￿* Bulldin¢ BuilthnR Buildlr Flxlures, *xtensl¢x dEvelopmert development lfflprovement rrttings & 1983 1991 equlpment Tot B•lDnce bfouiht lorw¥d Addttlons 16.145 68.968 334.277 836.652 731JJ06 223J2S 1.710.373 ?S.n16 36AtrJ 111.42S B•knce carrled fornYaTd 16,145 68J68 134,277 836,652 JI)6W2Z 259,734 U21, 5.2 Accumulated deprecl•fjon Ind Implrment wovlJk)ns 5tf•lgh¢ Un• stral Un• str•18hl Llr Slr418hl Llne Str•*hl ilne Une Tvtal 1% 1% 10% & 20% 8alance brou8ht farwdrd rwKlitlon char8• lor ye•r 8•lanC*￿rIl￿l l¢Jrw•ryl 8,975 16x15 103. 108,772 165.783 19S.295 608,880 45,668 161 691 3.350 8.368 17,027 16,071 gJ30 27J96 IOb,S00 117,140 111.306 S.3 N•t book v•lue rouBht forniard 7.170 42.063 41372 231.127 727,880 65.22a 28,030 1.101,493 C•rrled forward 7￿09 227,777 719,512 123,212 48,368 1.167,250 Bethesda Eventide Home5, Rewt and A￿Unts 2023 Pa8e 22 of 26 Bethesda Eventide Homes Registered charity number: 1051(H3 Bethesda Eventlde Homes Report and Accounts, Year ended 31 December 2023 Section C- Notes to the Accounts Note 6- Bank Assets and Investments 2021 2022 Cash at bank Current a¢￿unt5 402,185 386,042 352 Petty (xsh ac£ount 949 403,134 386,394 Short tetm Investments DeposSt account Investment Account 87,044 61,044 1,643 62,687 87,044 Total 490.178 449.081 Note 7 - Debtors and Prepayment5 Amtysls of d•bto Amount5 fallln8 due wlthln one year 2023 2022 Resldent fees outstandlng Fees & Insurances prepald Serv1￿ contracts prepald Deferfed Income 16,468 16,723 3,418 2.913 7.074 4,571 Capital deposfts Total 6,477 30.684 26,960 Note 8- Creditors Amounts fallln8 due wlthln one year 2023 20Z2 Trade creditors 9,S80 11,238 Staff costs Resldents fees pald In advance PAYE/NICIPenslon 27,944 36.194 12,993 3,328 11.188 3,843 Audlt fee 9,120 8,000 Total 62.965 70.463 8eth•sda Eventide Homes. Ilep(*t and AccO￿ts 2023 Page 23 of 26 Bethesda Eventide Homes Registered charity number: 1051043 Bethesda Eventlde Homes Report and Accounts, Year ended 31 December 2023 Sertion C- Notes to the Accounts Note 9- Analy51s of Stocks ood 5t¢xk 620 62Q T¢xal 620 620 Note 10- Statement of Funds lQ.l Mov•m•rt gl Fw Fur•J balances l JOn￿ry ZOZ3 Gkins arnl Fund balances at 31 lknmbef 2023 Transkn rtsvurce¥ Ufir•strk1•d General fund IA18.762 IJ65,436 IIM6.7521 IJ37N46 D•*nthd Funth M•Intena￿e1uThl 42.CM)5 37h53 13,195 92,6S3 42￿05 genv401ent lund 37,453 Lrf•ty fund Total D•slpM*d Fw 1811561 18,0561 5.139 84,597 T*•1 Unrnstrlct•d Fw T*X•l ol Fw 1sIIAIs I￿65836 IA54.808 1,622,013 Th¢se fund5 rol*e to unrestrtct•d Incom• to b• u5tt1 to support the Chaflty'5 oblectlv¢s. The M4111tenance lund wa5 forrnod toutw for lar￿ It•ns of maIrtenan￿ ey￿￿ltUre whlth 15 rryulr•d frDm tlm• to tlm• to maSnt•ln •nd improve the home. The 8Ènwolent fund w•s formed to •llrJ* th• h¢)rno tt> ￿lISt r•51dents who w¥•rl•nc• wrtkul•f flTr¥rK￿1 hvd5hlp. Tho iA8ary Fund has been furmed from glfts left to tfr* m•lnly from form•r f•sldents. tothfkth th• ol wld•nu purchaslng sp4clfi( It•n15 to thair parm￿ wlthin the hom rrangfor5 brfween Gknw•l fund and Restricted fvnd w•r• to 8r•nts rqc•tv•l for cr••tion and m•ini•n•K• o¢t•stin# arws 8ethesda Eventide Homes, Rewt and Actount$ 2023 Pag¢ 24 of 26 Bethesda Eventide Homes Registered charity nurnber: 1051043 Bethesda Eventlde Homos Report and Accounts, Year ended 31 December 2023 Section C - Notes to the Accounts Note 10- Statement of Funds 10.1 Meh•rn•ffl ￿ Fun Fwd bal* ai 31c￿rnb 1022 It l January Ino)mini Out8olN8 Transf•rs Galns and IosM6 Lknrngtylcled Fund5 G•￿r￿ Flmds (?•nernl fvnd lJ36.500 1356.211 {1.2733501 L418.762 Malnienfficefund 42,005 42.005 8qre4014ffl fitnd 37A53 37,451 thjnd 22Xts) 31A88 - A0293 13,195 92.653 To¢•1 D•ilyAt•d Fw41 101.4158 31A88 40293 Totsl Unrnstrlrt•d Flmds IN37JS8 {lJ143431 iJiLAiS lI•s￿ct•d Funds InfettI(￿ Control Fund 9A0• 19A681 PPE Fw 31*71 6,584 pld T•st Fund Apprwftlos Tol￿11•￿1rt*d Fw4 16SA41 1,0 48,724 148.7141 Totyl41 ￿￿￿1 I￿37 I￿1￿3) I￿61￿6? UIIA15 1&2 An•tysts olPI•iA•••ts Mw••fi T•r¢*b￿ FlyAd A55er3 Cumt A$5•ts Tot•1 Funds Unrt*tyld•d Fur4h G•nwal Fund L167350 433.161 162.96S1 1,537A46 4Z.UQS MaInt•￿tt FUNI BEn*ol¢nt Fund 42.005 37,453 5,139 517.7 37,453 Fund 5.159 1.167,250 162,9651 1.622.043 R•#rfrted 1,167.2SO 517.758 162,9651 1,622,043 14n8lble FIM•d Credlton > I Curr•nt AsMts Total FuThls Lknrnslrki•d Gvw•l Fund I.IQIA93 387,7J2 OA631 Ih18.763 42.(￿5 molnte￿nCe Fund evolent Fund 37A53 37.453 Léaacy Fur¥1 13,195 13.195 I.IOIA93 480385 170A631 1.511.415 A•*irfaed Fun I.IOIN93 4W.385 0,4631 1.511.415 Bethesda E¥entide Home5, Report and Accounts 2023 Page 25 of 26 Bethesda Eventide Homes Re8iStered charlty number: 1051043 Bethesda Eventide Homes Report and Accounts, Year ended 31 December 2023 Sertion C- Notes to the Accounts Note 11- Financial Commitments a} Contractual commitments for the acquisition of tangible fixed a55ets at 31 December 2023 totalled Nil 12022: £10556 b) As at 31 December 2023 the Charity had futu￿ mlnlmum lease payments urbder non-cancellable operatlryq leases as follows . 2023 2022 Wlthln l year Withln 2-5 year5 Over 5 year5 £12,629 £50,515 £12,629 £50,515 £10,524 £23,153 £73,668 £86,297 Bethesda Ewentide Homes. Repcrt and Ac£ounts 2023 Page 26 of 26