# ## |||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|4| |Report ofthe Independent
Auditors|5|to|7| |Statement of Financial Activities|||| |Balance Sheet|||| |Cash Flow Statement||10|| |Notes to the Cash Flow Statement|||| |Notes to the Financial Statements|12|to|20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|fund|funds|funds| |||Notes|F||6|| |INCOME AND ENDOWMENTS||FROM||||| |Donations
and legacies|||7,044|157,019|164,063|154,900| |Chaditable
activities||||||| |Activities
undertaken|directly||1,612,156||1,612,156|1,532,557| |Investment
income||3|13,304||13,304|13,645| |Total|||1,632,504|157,019|1,789,523|1,701,102| |EXPENDITURE ON||||||| |Charitable
activities
Activities
undertaken|directly|5|~1384|157019|1 756403|1 703282| |NET INCOME I(EXPENDITURE) BEFORE|||33,120||33,120|(2,180)| |GAINS OR LOSSES|IN INVESTMENTS|||||| |Net gains on investments|||63669||63,669|5 625| |NET INCOME|||96,789||96,789|2,845| |RECONCILIATION
OF FUNDS||||||| |Total funds brought|forward||2,119,428||2,119,428|2,116,583| |TOTAL FUNDS CARRIED FORWARD|||2,216217|-|2.216.217|2.119,426| ## ## |Peacehaven
House
Balance Sheet
31 December 2021|||| |---|---|---|---| |||2021|2020| ||Notes|E|6| |FIXEDASSETS|||| |Tangible assets
Investments|11
12|1,453,476
627,472|1 453476
555,407| |||2,080,948|2,008,883| |CURRENT ASSETS|||| |Debtors|13|71,160|49,597| |Cash at bank||187,713|186,176| |||258,873|235,773| |CREDITORS|||| |Amounts
falling due within one year|14|(123,604)|(125,228)| |NET CURRENT ASSETS||135,269|110,545| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||2216217|2 119428| |NET ASSETS||2 216,217|2,119,428| |FUNDS|17||| |Unrestricted
funds||2,216,217|2,119,428| |TOTAL FUNDS||2,216,217|2,119.428| ## ## ||||2021|2020| |---|---|---|---|---| |||Notes||| |Cash flows from|operating|activities||| |Cash generated
from operations
1|||1,512|29,835| |Net cash provided|by operating
activities||1,512|29,835| |Cash flows from|investing|activities||| |Purchase
offixed|asset investments||(63,199)|(113,213)| |Sale offixed asset investments|||63,199|113,213| |Interest received|||25|150| |Net cash provided|by investing
activities||25|150| |Change
in cash|and cash|equivalents||| |in the reporting|period||1,537|29,985| |Cash and cash equivalents||at the||| |beginning
ofthe|reporting|period|186,176|156,191| |Cash and cash equivalents||at the end||| |ofthe reporting|period||187,713|186,176| ## ## |for|the Year Ended 3|
1December 2021|
1December 2021|
1December 2021|||| |---|---|---|---|---|---|---|---| |1.|RECONCILIATION|OF NET INCOME TO|||NET CASH FLOW FROM|OPERATING ACTIVITIES|| |||||||2021|2020| ||||||||6| ||Net income for the|reporting||period (as|per the Statement of||| ||Financial Activities)
Adjustments
for:|||||96,789|2,845| ||Gain on investments
Loss on disposal of|fixed assets||||(63,669)|(5,025)
249| ||Interest received
Management
fees paid out of fund
Dividends
received
Increase
in debtors
(Decrease)/increase
in creditors|||||(25)
4,883
(13,279)
(21,563)
~1,624)|(150)
5,201
(13,495)
(12,644)
52,854| ||Net cash provided|by operations||||1,512|29,835| |.|ANALYSIS OF CHANGES||IN NET FUNDS||||| ||||||At 1.1.21|Cash flow|At 31.12.21| ||Net cash|||||9|9| ||Cash at bank||||186176|1 537|187,713| ||||||186,176|1 537|187713| ||Total||||186,176|1,537|187,713| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations|||2021
f|2020| |---|---|---|---|---| |Grants|||1,021|73| ||||163,042|154,827| ||||164,063|154,900| |Grants received,|included|in the above, are as follows:||| |Other grants|||2021
f
163,042|2020
f
154,827| ## ## ## ## ## ## |INVESTNIENT INCOME||||||| |---|---|---|---|---|---|---| ||||||2021|2020| |Income UK listed investments
Deposit account interest|||||13,279
25|6
13,495
150| ||||||13,304|13,645| |INCOME FROM CHARITABLE ACTIVITIES||||||| ||||||2021|2020| |Income from residents
Sundry income|Activity
Activities
Activities|undertaken
undertaken|directly
directly||6
1,608,598
3,558|1,532,153
404| ||||||1,612,156|1,532,557| |CHARITABLE ACTIVITIES|COSTS|||||| |||||Direct|Support|| |||||Costs (see|costs (see|| |Activities
undertaken
directly||||note 6)
8
1,738,313|note 7)
6
18,060|Totals
1,756,403| |DIRECT COSTS OF CHARITABLE ACTIVITIES||||||| ||||||2021|2020| |Staff costs
Food costs
Residents
outings
&ent
Heat, light &water
Repairs 8 maintenance
Cleaning,
infection control &
Household
expenses
Garden expenses
Laundry
Sundry and travel expenses
Protective
clothing
Insurance
Telephone
Office expenses
Registration
expenses
Training expenses
Advertising
Medical supplies
and toiletrie
Council Tax
PSA|PPE
s||||F
1,238,365
107,068
7,522
93,408
151,971
22,053
15,550
1,078
4,048
3,800
12,508
23,610
4,344
13,536
14,609
7,326
3,269
5,903
2,284
6,061|6
1,162,635
106,301
3,364
74,551
154,031
59,046
18,923
15,948
4,038
4,229
4,182
19,689
4,314
18,435
10,854
7,897
2,254
5,715
2,348
5,531| ||||||1,738,313|1,684285| ## ## ## ## |SUPPOR|T COSTS||||| |---|---|---|---|---|---| ||||||Governance| ||||||costs| |Activities|undertaken|directly|||F
18,090| |NET INCOME/(EXPENDITURE)|||||| |Net income/(expenditure)|||is stated after charging/(crediting):||| |||||2021|2020| |Auditors'
Deficit on|remuneration
disposal of|fixed|assets|8
4,580|f
4,944
249| ## ## ## |STAFF COSTS||||| |---|---|---|---|---| ||||2021|2020| |Wages and salaries
Social security costs|||8
1,165,160
73,205|8
'I,092,597
70,038| ||||1,236,365|1.162,635| |The average
monthly|number ofemployees|during the year was as follows:||| |Average
number ofstaff employed|||2021
70|2020
67| ## ## ## ## |TANGIBLE FIXEDASSETS|||| |---|---|---|---| |||Fixtures|| ||Freehold|and|| ||property|fittings|Totals| ||6||| |COST|||| |At 1 January 2021 and|||| |31 December 2021|1,400 000|318616|1,118816| |DEPRECIATION|||| |At 1 January 2021 and|||| |31 December 2021||265,140|265,140| |NET BOOK VALUE|||| |At 31 December 2021|1,400,000|53,476|1,453,476| |At 31 December 2020|1,400,000|53,476|1,453,476| ## ## ||||Listed| |---|---|---|---| ||||investments| |MARKET VALUE|||E| |At 1 January 2021
Additions
Disposal proceeds
Gain /(Loss) on disposal
Change
in market value
Investment
income received
Fund fees and charges|||555,407
63,199
(63,199)
6,993
56,676
13,279
~4,883)| |At 31 December 2021|||627,472| |NET BOOK VALUE|||| |At 31 December 2021|||627,472| |At 31 December 2020|||555,407| |There were no investment|assets outside the UK.||| |Cost or valuation
at 31 December 2021 is represented||by:|| ||||Listed| ||||investments| |Valuation
in 2021|||6
627,472| ## ## ## |13.|DEBTORS:AINOUNTS
|FALLING DUE WITHIN ONE YEAR||| |---|---|---|---|---| ||||2021|2020| ||Trade debtors
Other debtors
Prepayments||8
64,958
4,068
2,134|E
32,001
7,039
10,557| ||||71,160|49,597| |14.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||| ||||2021|2020| ||Trade creditors
Social security and other
Other creditors
Accrued expenses|taxes|8
7,329
29,459
50,321
36,495|(292)
34,922
27,328
63,270| ||||123,604|125,228| ## |Minimum
lease payments
under non-cancellable
ope|rating
leases fall due as follows:|| |---|---|---| ||2021|2020| |Within one year
Between one and five years|5,996
11,344|6,188
17,868| ||17,340|24,056| ## |ANALYSIS OF NET ASSET|SBETWEEN FUNDS|||| |---|---|---|---|---| ||||2021|2020| ||Unrestricted|Restricted|Total|Total| |Fixed assets
Investments
Current assets
Current
liabilities|funds
1,453,476
627,472
258,873
~)23,664|fundf|funds
8
1,453,476
627,472
258,873
~123,664)|funds
8
1,453,476
555,407
235,773
~728,228)| ||2216,217||2 218,217|2,118428| ## ## ## |MOVEM|ENT|IN FUNDS|||| |---|---|---|---|---|---| |||||Net|| |||||movement|At| |Unrestricted||funds|At 1.1.21
f|in funds
f|31.12.21
f| |General
fund
Revaluation||Reserve|1,236,460
882,968|96,789|1,333,249
882,968| ||||2 119,428|96,789|2,216,217| |TOTAL|FUNDS||2 119428|96,789|2,218.217| |Net movement
in funds,
includ|ed
in the ab|ove are as foll|ows:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |Unrestricted
funds||resources
f|expended
f|losses
F|in funds
f| |General fund||1,632,504|(1,599,384)|63,669|96,789| |Restricted funds|||||| |Restricted fund||157,019|(157,019)||| |TOTAL FUNDS||1789523|t7, ,7584931|83,669|96789| |Comparatives
for movement|in funds||||| |||||Net|| |||||movement|At| |Unrestricted
funds|||At 1.1.20
f|in funds
F|31.12.20
f| |General
fund
Revaluation
Reserve|||1,233,615
882,968|2,845|1,236,460
882,968| ||||2,116,583|2,845|2,119,428| |TOTAL FUNDS|||2,116,583|2,846|2,11~.428| |Comparative
net movement
in f|unds,
included
in the abov|e are as follows:||| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| |Unrestricted
funds|resources
f|expended
f|losses
f|in funds
f| |General
fund|1,586,722|(1,588,902)|5,025|2,845| |Restricted funds||||| |Restricted funds|114,380|(114,380)||| |TOTAL FUNDS||||| ## ## ## |A curren|t ye|ar 12months
and prior year|12 months
combined
position
is|as follows:|| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At 1.1.20|in funds|31.12.21| ||||E|F|E| |Unrestricted||funds|||| |General|fund||1,233,615|99,634|1,333,249| |Revaluation||Reserve|882 968||882,968| ||||2,116,583|99,634|2,216,217| |TOTAL|FUNDS||2,116,583|99634|2 218,217| ## |A current year 12 months
and p
above are as follows:|rior year 12 months
com|bined
net movem|ent
in funds,
i|ncluded
in t| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| ||6||6|6| |Unrestricted
funds||||| |General
fund|3,219,226|(3,188,286)|68,694|99,634| |Restricted funds||||| |Restricted funds|271,399|(271,399)||| |TOTAL FUNDS|3,496.625|~3,459,6857|68,694|99,634| ## ## ##