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← Chesterfield and District Society for People with a Disability

2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03442643 (England and Wales) REGISTERED CHARITY NUMBER: 1066584

Report of the Trustees and

Audited Financial Statements for the Year Ended 31 March 2022

for

Chesterfield & District Society for people with a disability

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Chesterfield & District Society for people with a disability

Contents of the Financial Statements for the year ended 31 March 2022

Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 10
Statement of Financial Activities 11
Statement of Financial Position 12 to 13
Statement of Cash Flows 14
Notes to the Statement of Cash Flows 15 to 16
Notes to the Financial Statements 17 to 29
Detailed Statement of Financial Activities 30 to 31

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Page 1

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

OBJECTIVES AND ACTIVITIES

The Charity is a registered care provider with the Care Quality Commission and Ofsted. The Charity provides a registered domiciliary service in the community providing 24 hour support to people with a learning disability and complex health needs.

Ability have been providing care and support to people with learning disabilities and/or mental health problems since 1952. The Charity aims to deliver services that promote inclusion, empowerment, rights and choices.

Ability aims to provide support for those people who cannot wholly look after themselves. The Charity provides services in people's own homes, at times convenient to them and in ways in which they find most agreeable. The Charity has very sound principles for the way in which they deliver their services with the belief that the rights of service users are paramount.

All services provided by Ability subscribe to the following principles: Everyone must be valued and treated with dignity and respect.

Everyone has the right to live as independently as possible, according to their choices, abilities and needs. Everyone has the right to privacy.

Everyone should be able to use local community facilities and services.

Everyone's life can be made richer by a wide circle of friendships and relationships.

The Charity aims to:

Provide personal care and support in ways that have positive outcomes for service users. Fully understand each individual service user's needs and wishes.

Develop and implement an individual package of care for each service user to ensure that the care being offered meets the service user's needs.

Monitor and review this package of care to respond to any changing pattern of needs.

Monitor and review the quality of our services through regular service user feedback, internal and external audit processes and consultation with purchasing agencies.

Employ a high quality work force with support and training to the standards set by the National Training Organisation and other government regulations.

The nature of the services which the Charity provides are: Domiciliary care 24 hours 7 days a week. Supported living. Respite services at Ash Lodge site. Day services.

Ability provides domiciliary care, respite, supported living outreach and day services to people with a learning disability, complex health needs or a mental health problem within their own/family home.

The Charity's aim is to provide a high standard of care, which will help to promote the best quality of life for the service users, consistent with their abilities and rights to:

Privacy Dignity Independence Security Civil Rights Choice Fulfilment

Page 2

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

Domiciliary Care Services refer specifically to those services where personal care is required:

Physical care at the required level supporting people with using the toilet, having a bath or a shower, getting dressed and cooking or eating.

Non-physical care such as advice, encouragement and supervision i.e. prompting a person to take a bath and supervising them during this.

In most instances, this personal care is provided alongside other Support Services in terms of ability's role as a specialist support & care provider in the community.

Ability has developed and implemented a wide range of policies and procedures, which help the Organisation to deliver its services in a very professional and safe manner. Policies and procedures cover, amongst others, such matters as:

Promoting independence Person centre planning Assisting with medication First aid Equal opportunities for service users Confidentiality Risk management & assessment Provision of non-discriminatory services Health & safety matters Fire and emergency procedures Moving & handling Safeguarding prevention of abuse of vulnerable adults Deprivation of liberty Human rights Complaints Personnel issues Financial procedures Quality assurance These are all designed to ensure that our staff are fully aware of their responsibilities and are enabled to do their jobs efficiently.

The Charity's staff undertake a thorough induction, including the Common Induction Standards, The Domiciliary Care handbook and training pack and the Human Resources Manual. A training programme is designed to meet individual needs and on-going training through the extensive ability In-house Training Programme. This is supplemented through staff attendance at external courses as appropriate. After 6 months probationary period is completed, all staff are trained to National Vocational Qualifications level 3 HSC and first Line Managers to level 4 HSC and the Registered Managers Award.

The vast majority of staff have either obtained the relevant National Vocational Qualifications in Care and/or Management or are in the process of undertaking these courses

Most of the Charity's services are purchased by local Social Service departments and Health Authority NHS PCT.

Page 3

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

ACHIEVEMENT AND PERFORMANCE Charitable activities

The performance achieved was in accordance with the objectives set.

Fundraising activities

The performance achieved was in accordance with the objectives set.

Subsidiary Performance

The performance achieved was in accordance with the objectives set.

FINANCIAL REVIEW

Principal funding sources

The principal funding sources for the charity have been grant and contract income from Derbyshire County Council and North East Derbyshire Primary Care Trust.

Bank Funding

In October 2008 the charity purchased and refurbished Ash Lodge, this was partly financed by a bank loan, £211,129 (2021: £211,129) of which was still owed by the charity at the balance sheet date. These premises are used for the provision of training and outreach services.

In July 2013 the charity purchased a house on Church Close, Staveley. This was partly financed by a bank loan, £121,342 (2021: £129,924) of which is owed by the charity at the balance sheet date. These premises are let to Ability Supported Living Derbyshire Ltd for the provision of accommodation to users.

In March 2016 the charity purchased a house at Barrow Hill, Chesterfield. This was partly financed by a bank loan, £79,754 (2021: £87,701) of which is owed by the charity at the balance sheet date. These premises are let out at a market rent.

Reserves policy

The trustees have established a policy whereby the funds not committed or invested in tangible assets (the 'free reserves') should be enough to cover the expenses incurred if it was unable to secure adequate short term funding and also to enable it to make any investment necessary to secure its future. The trustees feel that the current level of free reserves is within this target.

Increase in funds

During the year the Trust has had a net increase in funds as shown on the Statement of Financial Activities on Page 11.

Subsidiary policy

The taxable profits of the subsidiary have been donated, in full to the Charity.

FUTURE PLANS

The future plans of the charity are to continue with current objectives whilst actively seeking new revenue streams.The Charity anticipates that Covid 19 will have an impact on the future activities of the Charity. It may affect the level of services that the Charity will be able to provide in the future but the Charity will adapt and take advantage of any opportunities that present themselves.

Page 4

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is established as a company limited by guarantee, without share capital, and is registered as a charity with the Charity Commission. The affairs of the charity are governed by its Memorandum and Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

Any new appointments are at the recommendation of the board.

Organisational structure

The charity is managed by the Board of Directors. The Directors are also charity trustees for the purposes of charity law and are known as members of the Executive Committee. The committee is elected annually.

The Charity has continued to deliver high quality services with a focus on service user choice. The accounts for 2021/22 show a surplus of £199,430 before gains on investments. Management has worked hard to cut out unnecessary expenditure, improve working practices, and introduce new procedures. The Charity is no longer reliant on agency staff and further investments have been made in staff and systems. Trustees are looking to the future with a high degree of confidence.

Induction and training of new trustees

New trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. In addition they are encouraged to familiarise themselves with the charity and the context within which it operates.

Related parties

The charity acquired a wholly owned subsidiary on 31 July 2013. The subsidiary, Ability Supported Living Derbyshire Limited, was incorporated on 31 July 2013 for the purpose of the provision of supported living accommodation.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03442643 (England and Wales)

Registered Charity number

1066584

Registered office

Unit 29/31, Coney Green Business Centre 103 Wingfield View Clay Cross Chesterfield S45 9JW

Trustees

T D Holmes Trustee P W Rice Trustee (resigned 1.9.21) C Holmes Trustee

Page 5

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

REFERENCE AND ADMINISTRATIVE DETAILS Auditors

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Solicitors

Keiran Clarke Green 36 Clarence Road Chesterfield S40 1XB

Bankers

Barclays Bank Rose Hill Chesterfield Derbyshire

Nat West 5 Market Place Chesterfield Derbyshire

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Chesterfield & District Society for people with a disability for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

Page 6

Chesterfield & District Society for people with a disability

Report of the Trustees for the year ended 31 March 2022

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance published by the Charity Commission.

AUDITORS

The auditors, Royston Parkin Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 14 October 2022 and signed on its behalf by:

T D Holmes - Trustee

Page 7

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Opinion

We have audited the financial statements of Chesterfield & District Society for people with a disability (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going 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 relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company'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 responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Page 8

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair 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 preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 9

Report of the Independent Auditors to the Members of Chesterfield & District Society for people with a disability

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Lynn Catherine Pridmore (Senior Statutory Auditor) for and on behalf of Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

14 October 2022

Page 10

Chesterfield & District Society for people with a disability

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the year ended 31 March 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Charitable activities
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Charitable activities
Other
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
12,249
1,900,503
13,064
31,249
1,957,065
122
1,746,295
11,151
1,757,568
199,497
1,060,773
1,260,270		 Restricted
fund
£
-
-
-
-
-
-
67
-
67
(67)
224
157		 2022
Total
funds
£
12,249
1,900,503
13,064
31,249
1,957,065
122
1,746,362
11,151
1,757,635
199,430
1,060,997
1,260,427		 2021
Total
funds
£
77,898
1,908,289
13,124
53,023
2,052,334
168
1,691,467
12,198
1,703,833
348,501
712,496
1,060,997

The notes form part of these financial statements

Page 11

Chesterfield & District Society for people with a disability

Statement of Financial Position 31 March 2022

Notes
FIXED ASSETS
Tangible assets
15
Investments
Investments
16
Investment property
17
CURRENT ASSETS
Stocks
18
Debtors
19
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
20
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one
year
21
NET ASSETS
FUNDS
25
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2022
£
556,336
1
273,069
829,406
3,000
228,714
829,206
1,060,920
(234,203)
826,717
1,656,123
(395,696)
1,260,427
1,260,270
157
1,260,427		 2021
£
633,878
1
240,000
873,879
3,000
251,891
587,993
842,884
(241,998)
600,886
1,474,765
(413,768)
1,060,997
1,060,773
224
1,060,997

The notes form part of these financial statements

continued...

Page 12

Chesterfield & District Society for people with a disability

Statement of Financial Position - continued 31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 14 October 2022 and were signed on its behalf by:

T D Holmes - Trustee

The notes form part of these financial statements

Page 13

Chesterfield & District Society for people with a disability

Statement of Cash Flows for the year ended 31 March 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of investment property
Sale of tangible fixed assets
Interest received
Dividends received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Loan interest in year
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end
of the reporting period
2		 2022
£
288,698
(11,151)
277,547
-
(33,069)
4,331
39
7,210
(21,489)
(25,850)
11,005
(14,845)
241,213
542,654
783,867		 2021
£
380,303
(12,198)
368,105
(46,052)
-
750
130
26,433
(18,739)
(26,018)
10,592
(15,426)
333,940
208,714
542,654

The notes form part of these financial statements

Page 14

Chesterfield & District Society for people with a disability

Notes to the Statement of Cash Flows for the year ended 31 March 2022

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Interest paid
Dividends received
Movement in intercompany loans
Decrease in debtors
Decrease in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within
one year
Total cash and cash equivalents		 2022
£
199,430
69,636
3,576
(39)
11,151
(7,210)
-
30,387
(18,233)
288,698
2022
£
453
828,753
(45,339)
783,867		 2021
£
348,501
80,804
2,148
(130)
12,198
(26,433)
(767)
22,199
(58,217)
380,303
2021
£
278
587,715
(45,339)
542,654

The notes form part of these financial statements

Page 15

Chesterfield & District Society for people with a disability

Notes to the Statement of Cash Flows for the year ended 31 March 2022

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.21 Cash flow At 31.3.22
£ £ £
Net cash
Cash at bank and in hand 587,993 241,213 829,206
Bank overdraft (45,339) - (45,339)
542,654 241,213 783,867
Debt
Debts falling due within 1 year (14,986) (1,543) (16,529)
Debts falling due after 1 year (413,768) 18,072 (395,696)
(428,754) 16,529 (412,225)
Total 113,900 257,742 371,642

The notes form part of these financial statements

Page 16

Chesterfield & District Society for people with a disability

Notes to the Financial Statements for the year ended 31 March 2022

1. CONTINUING OPERATIONS

The results for the year derive from continuing activities and there are no gains or losses other than shown above.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Chesterfield & District Society for people with a disability as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided on fixtures, fittings, equipment and motor vehicles at 30%, on a reducing balance basis, so as to write off the cost of each asset, less estimated residual value, over its expected useful life.

No depreciation is provided on freehold land.

Depreciation is provided on refurbishment of freehold buildings at 4% on a straight line basis.

The charity carries out a periodic impairment review of all assets which are not depreciated.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

continued...

Page 17

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

2. ACCOUNTING POLICIES - continued

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Irrecoverable Value Added Tax on expenditure has been included with the cost to which it relates

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are part of Unrestricted funds that the Trustees have earmarked for a particular use, without restricting or committing the funds legally. The designation may be cancelled by the Trustees if they later decide that the Charity should not continue with the project for which the funds were designated.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Gifts in kind

The society received the benefit of work carried out by volunteers, and received the use of facilities and equipment without charges. Although the Charity would be unable to continue without the help and support of these volunteers, there has been no monetary value is placed on these items within the accounts.

continued...

Page 18

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

3. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Derbyshire County Council
Furlough grants
Other grants
4.
OTHER TRADING ACTIVITIES
Restaurant income
Rental income from subsidiary
5.
INVESTMENT INCOME
Rent from investment property
Donation from subsidiary
Deposit account interest		 2022
£
790
11,459
12,249
2022
£
11,459
-
-
11,459
2022
£
200
12,864
13,064
2022
£
24,000
7,210
39
31,249		 2021
£
265
77,633
77,898
2021
£
-
71,933
5,700
77,633
2021
£
34
13,090
13,124
2021
£
26,460
26,433
130
53,023

continued...

Page 19

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

6.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Income from services
provided
Charitable activities
7.
RAISING FUNDS
Other trading activities
Purchases
8.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Charitable activities
1,735,103
9.
SUPPORT COSTS
Management
£
Charitable activities
2,715
10.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets		 2022
£
1,900,503
2022
£
122
Support
costs (see
note 9)
£
11,259
Governance
costs
£
8,544
2022
£
69,635
3,576		 2021
£
1,908,289
2021
£
168
Totals
£
1,746,362
Totals
£
11,259
2021
£
80,806
2,148

continued...

Page 20

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

11. AUDITORS' REMUNERATION

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|||| |---|---|---| |2022|2021| |£|£| |Fees payable to the charity's auditors for the audit of the charity's| |financial statements|8,544|7,044|

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12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

13. STAFF COSTS

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£|£| |Wages and salaries|1,323,921|1,270,456| |Social security costs|109,862|100,360| |Other pension costs|26,146|31,248| |1,459,929|1,402,064|

----- End of picture text -----

The average monthly number of employees during the year was as follows:

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |Charity employees|62|65|

----- End of picture text -----

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£60,001 - £70,000|1|1|

----- End of picture text -----

continued...

Page 21

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

14.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
77,898
-
Charitable activities
Charitable activities
1,908,289
-
Other trading activities
13,124
-
Investment income
53,023
-
Total
2,052,334
-
EXPENDITURE ON
Raising funds
168
-
Charitable activities
Charitable activities
1,691,371
96
Other
12,198
-
Total
1,703,737
96
NET INCOME/(EXPENDITURE)
348,597
(96)
RECONCILIATION OF FUNDS
Total funds brought forward
712,176
320
TOTAL FUNDS CARRIED
FORWARD
1,060,773
224		 Total
funds
£
77,898
1,908,289
13,124
53,023
2,052,334
168
1,691,467
12,198
1,703,833
348,501
712,496
1,060,997

continued...

Page 22

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

15. TANGIBLE FIXED ASSETS

COST
At 1 April 2021
Disposals
At 31 March 2022
DEPRECIATION
At 1 April 2021
Charge for year
Eliminated on disposal
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021		 Freehold
property
£
1,286,164
-
1,286,164
720,929
51,415
-
772,344
513,820
565,235		 Fixtures
and
fittings
£
345,546
(82,547)
262,999
318,810
6,334
(76,925)
248,219
14,780
26,736		 Motor
vehicles
£
46,699
(4,080)
42,619
17,335
8,123
(1,795)
23,663
18,956
29,364		 Computer
equipment
£
17,919
-
17,919
5,376
3,763
-
9,139
8,780
12,543		 Totals
£
1,696,328
(86,627)
1,609,701
1,062,450
69,635
(78,720)
1,053,365
556,336
633,878

Included in cost or valuation of land and buildings is freehold land of £31,091 (2021 - £31,091) which is not depreciated.

16. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2021 and 31 March 2022		 Shares in
group
undertakings
£
1
NET BOOK VALUE
At 31 March 2022		 1
At 31 March 2021 1

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

continued...

Page 23

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

16. FIXED ASSET INVESTMENTS - continued

Ability Supported Living Derbyshire Ltd

Registered office: 12a Beresford Way, Chesterfield, Derbyshire, S41 9FG Nature of business: Supported Living - Accommodation only

----- Start of picture text -----
|||| |---|---|---| |%| |Class of share:|holding| |Ordinary|100| |2022|2021| |£|£| |Aggregate capital and reserves|1|1| |Profit/(loss) for the year|6,280|(3,200)| |INVESTMENT PROPERTY| |£| |FAIR VALUE| |At 1 April 2021|240,000| |Additions|33,069| |At 31 March 2022|273,069| |NET BOOK VALUE| |At 31 March 2022|273,069| |At 31 March 2021|240,000|

----- End of picture text -----

17. INVESTMENT PROPERTY

The investment property was revalued on 19th November 2019 on an open market basis by independent valuers Mark Jenkinson & Son.

18. STOCKS

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£|£| |Stocks|3,000|3,000|

----- End of picture text -----

continued...

Page 24

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

19. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022
£
Trade debtors
66,796
Amounts owed by group undertakings
140,611
Other debtors
6,415
Accrued income
8,256
Prepayments
6,636
228,714
20.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Bank loans and overdrafts (see note 22)
61,868
Trade creditors
8,021
Amounts owed to group undertakings
70,733
Credit card balance
677
Wages control
22,553
Deferred income
7,710
Accrued expenses
62,641
234,203
21.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022
£
Bank loans (see note 22)
395,696
22.
LOANS
An analysis of the maturity of loans is given below:
2022
£
Amounts falling due within one year on demand:
Bank overdrafts
45,339
Bank loans
16,529
61,868
Amounts falling between one and two years:
Bank loans
395,696		 2021
£
99,355
133,401
-
6,676
12,459
251,891
2021
£
60,325
22,175
61,838
1,944
20,048
13,299
62,369
241,998
2021
£
413,768
2021
£
45,339
14,986
60,325
413,768

continued...

Page 25

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

23. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£ £
Bank loans 412,225 428,754

The bank loan with Nat West is secured on the Charity's property at 73 Old Road, Chesterfield and its associated assets. The loan represents 92% (2021 87%) of the NBV of the property.

The bank loan with Barclays is secured on the Charity's property at 1 Church Close, Chesterfield. The loan represents 82% (2021 88%) of the NBV of the property.

The second bank loan with Barclays is secured on the Charity's property at Barrow Hill, Chesterfield. The loan represents 29% (2021 39%) of the fair value of the property.

24. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Unrestricted
funds
£
556,179
273,070
1,060,920
(234,203)
(395,696)
1,260,270		 Restricted
fund
£
157
-
-
-
-
157
At 1.4.21
£
945,291
115,482
1,060,773
224
1,060,997		 2022
Total
funds
£
556,336
273,070
1,060,920
(234,203)
(395,696)
1,260,427
Net
movement
in funds
£
192,960
6,537
199,497
(67)
199,430		 2021
Total
funds
£
633,878
240,001
842,884
(241,998)
(413,768)
1,060,997
At
31.3.22
£
1,138,251
122,019
1,260,270
157
1,260,427

25. MOVEMENT IN FUNDS

continued...

Page 26

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

25. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Incoming
resources
£
1,936,991
20,074
1,957,065
-
1,957,065
At 1.4.20
£
622,487
89,689
712,176
320
712,496		 Resources
expended
£
(1,744,031)
(13,537)
(1,757,568)
(67)
(1,757,635)
Net
movement
in funds
£
322,804
25,793
348,597
(96)
348,501		 Movement
in funds
£
192,960
6,537
199,497
(67)
199,430
At
31.3.21
£
945,291
115,482
1,060,773
224
1,060,997

continued...

Page 27

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

25. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
2,012,811
Designated fund
39,523
2,052,334
Restricted funds
Restricted Funds
-
TOTAL FUNDS
2,052,334
A current year 12 months and prior year 12 months combined position is
At 1.4.20
£
Unrestricted funds
General fund
622,487
Designated fund
89,689
712,176
Restricted funds
Restricted Funds
320
TOTAL FUNDS
712,496		 Resources
expended
£
(1,690,007)
(13,730)
(1,703,737)
(96)
(1,703,833)
as follows:
Net
movement
in funds
£
515,764
32,330
548,094
(163)
547,931		 Movement
in funds
£
322,804
25,793
348,597
(96)
348,501
At
31.3.22
£
1,138,251
122,019
1,260,270
157
1,260,427

continued...

Page 28

Chesterfield & District Society for people with a disability

Notes to the Financial Statements - continued for the year ended 31 March 2022

25. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Incoming
resources
£
3,949,802
59,597
4,009,399
-
4,009,399		 Resources
expended
£
(3,434,038)
(27,267)
(3,461,305)
(163)
(3,461,468)		 Movement
in funds
£
515,764
32,330
548,094
(163)
547,931

26. RELATED PARTY DISCLOSURES

During the year the Charity paid Excel Automotive Limited, a related party of former trustee Davina Bradley £457 (2021 £387) for vehicle repairs. These transactions were undertaken at market rates. At the year end the amount due to Excel Automotive Limited was £nil (2021 £nil).

During the year the Charity paid HW Dansie Limited, a related party of trustee Paul Rice, £8,852 (2021 £27,443) for office supplies. These transactions were undertaken at market rates. At the year end the amount due to HW Dansie Limited was £722.85 (2021 £6,360).

Page 29

Chesterfield & District Society for people with a disability

Detailed Statement of Financial Activities for the year ended 31 March 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Restaurant income
Rental income from subsidiary
Investment income
Rent from investment property
Donation from subsidiary
Deposit account interest
Charitable activities
Income from services provided
Total incoming resources
EXPENDITURE
Other trading activities
Restaurant costs
Charitable activities
Wages
Social security
Pensions
Rent, rates, light and heat
Insurance
Activities and volunteers expenses
Motor and travelling
Staff training
Professional fees
Carried forward		 2022
£
790
11,459
12,249
200
12,864
13,064
24,000
7,210
39
31,249
1,900,503
1,957,065
122
1,323,921
109,862
26,146
37,232
7,848
9,570
17,106
12,370
22,925
1,566,980		 2021
£
265
77,633
77,898
34
13,090
13,124
26,460
26,433
130
53,023
1,908,289
2,052,334
168
1,270,456
100,360
31,248
40,849
10,232
9,474
17,882
12,165
31,923
1,524,589

This page does not form part of the statutory financial statements

Page 30

Chesterfield & District Society for people with a disability

Detailed Statement of Financial Activities for the year ended 31 March 2022

Charitable activities
Brought forward
Sundries
Cleaning
Bank charges
Telephone
Postage and stationery
Repairs
Computer Costs
Donations paid
Freehold property
Fixtures and fittings
Motor vehicles
Computer equipment
Loss on sale of tangible fixed assets
Other
Bank interest
Other interest
Support costs
Management
Advertising
Governance costs
Auditors' remuneration
Total resources expended
Net income		 2022
£
1,566,980
2,418
5,084
303
9,640
8,540
48,914
19,461
551
51,415
6,334
8,124
3,763
3,576
1,735,103
11,006
145
11,151
2,715
8,544
1,757,635
199,430		 2021
£
1,524,589
4,729
5,094
499
7,459
6,748
38,997
11,906
216
51,385
11,458
12,585
5,376
2,148
1,683,189
10,619
1,579
12,198
1,234
7,044
1,703,833
348,501

This page does not form part of the statutory financial statements

Page 31