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2022-03-31-accounts

Page
Reference and administrative details ofthe Company, its Trustees and advisers 1-2
Trustees'
report		 3-10
Independent
examiner's
report		 11-12
Statement
offinancial
activities		 13-14
Balance sheet 15-16
Statement ofcash flows 17
Notes to the financial statements 18-36

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2022 2021
Note
Fixed assets
Tangible assets 14 1,152,447 1,159,640
Investments 15 1 1
1,152,448 1,159,641
Current assets
Debtors 16 17,170 13,755
Investments 17 46,475 48,818
Cash at bank and in hand 134,240 247,902
197,885 310,475
Creditors: amounts falling due within one
year 18 (248,776) (44,139)
Net current
liabilities Iassets		 (50,891) 266,336
Total assets less current liabilities 1,101,557 '/,425,977
Total net assets 1,101,557 1,425,977
Charity funds
Restricted
funds		 19 29,278
Unrestricted
funds		 19 1,072,279 1,425,977
Total funds 1,101,557 1,425,977

2022 2021
Cash flows from operating
activities
Net cash from/(used)
in operating
activities		 (317,663) 126,540
Cash flows from investing
activities
Dividends, interests
and rents from investments		 511 600
Purchase of tangible
fixed assets		 (2,611)
Proceeds from sale of investments 7,530 17,743
Purchase of investments (4,040) ('/9,030)
Net cash, provided
by/(used
in) investing		 activities 4,001 (3,298)
Cash flows from financing
activities
Cash inflows from new borrowing 200,000
Net cash provided
by financing
activities		 200,000
Change
in cash and cash equivalents		 in the year (113,662) 123,242
Cash and cash equivalents
at the beginning		 ofthe year 247,902 124,660
Cash and cash equivalents
at the end		 of the year 134,240 247,902

Freehold
property		 - not depreciated
Plant and machinery —12.5% reducing balance
Fixtures and fittings - 10%reducing balance
Office equipment - 10%reducing balance

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
K
Donations 116,100 102,697 218,797 83,390
Legacies 3,830 3,830 68,739
Grants 4,858 4,858 183,764
Total 2022 124,788 102,697 227,485 335,893
Total 2021 301,431 34,462 335,893

Unrestricted Total Total
funds funds funds
2022 2022 2021
Residential home 400,311 400,311 744,390
Total 2021 744,390 744,390

Unrestricted Total Total
funds funds funds
2022 2022 2021
28,965 28,965 19,218
19,218 19,218

Unrestricted Total Total
funds funds funds
2022 2022 2021
Income from listed investments 511 511 600
Total 2021 600 600

Unrestricted Total Total
funds funds funds
2022 2022 2021
Fundraising 2,189 2,189 490
Total 2021 490 490

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
Training 592 317 909 (895)
Cost of Equipment Sales 27,462 27,462 18,728
Total 2022 28,054 317 28,371 17,833
Total 2021 17,833 17,833

Unrestricted Total Total
funds funds funds
2022 2022 2021
Portfolio Management 724 724 '/, 184
Total 2021 1,184 1,184

Unrestricted Restricted
funds funds Total Total
2022 2022 2022 2021
Community services 138,435 73,102 211,537 179,331
Residential home 740,017 740,017 795,293
878,452 73,102 951,554 974,624
Total 2021 929,428 45,196 974,624
Staff costs Other costs Total Total
2022 2022 2022 2021
Community services 141,390 70,147 211,537 179,331
Residential home 572,425 167,592 740,017 795,293
713,815 237,739 951,554 974,624
Total 2021 729,347 245,277 974,624

Activities
undertaken Support Total Total
directly costs funds funds
2022 2022 2022 2021
Community services 175,797 35,740 211,537 179,33'I
Residential home 704,411 35,606 740,017 795,293
880,208 71,346 951,554 974,624
Total 2021 937,364 37,260 974,624

Community Residential Total Total
services home funds funds
2022 2022 2022 2021
Staff costs 141,390 572,425 713,815 729,347
Premises costs 29,734 97,828 127,562 153,857
Subscriptions 487 487 4,408
Residents' supplies 25,979 25,979 36,145
Social events and newsletters 2,388 1,900 4,288 4,994
Volunteers' expenses 652 652 76
Depreciation oftangible fixed asets 1,633 5,561 7,194 7,978
Training 231 231 559
175,797 704,411 880,208 937,364
Total 2021 157,057 780,307 937,364

Community Residential Total Total
services home funds funds
2022 2022 2022 2021
Subscriptions 115 115 499
Telephone 2,424 750 3,174 3,095
Postage and stationery 4,984 8 4,992 3,701
Advertising 1,544 875 2,419 1,246
Accountancy 13,088 13,088 26,176 20,288
Travel and subsistence 168 8 176 63
Sundry 397 681 1,078 654
Training 1,135 1,135 780
Bank charges 10,255 10,255 2,429
Legal and professional fees 18,576 18,576
Independent Examiner's IAuditor's
remuneration 1,620 1,620 3,240 4,440
Trustees expenses reimbursed 10 10 65
35,740 35,606 71,346 37,260
Total 2021 22,274 14,986 37,260

2022 2021
Fees payable
examination		 to the Company's
ofthe Company's		 independent
examiner for the independent
annual
accounts (2021 - auditor's
remuneration) 3,240 4,440

2022 2021
Wages and salaries 663,390 673,640
Social security costs 38,850 42,678
Contribution to defined contribution pension schemes 11,575 13,029
713,815 729,347
2022 2021
No. No.
Direct Charitable work 30 35
Administration and governance 3 3
33 38

Assets
Freehold Plant and Fixtures Office held for
property machinery and fittings equipment sale Total
Cost or valuation
At 1 April 2021 1,094,546 104,406 137,154 27,613 1,363,719
Transfer to Assets
held for sale (602,848) (99,108) (137,154) 839,110
At 31 March 2022 491,698 5,298 27,613 839,110 1,363,719
Depreciation
At 1 April 2021 77,312 115,413 11,354 204,079
Charge for the year 3,387 2,174 1,632 7,193
Transfer to Assets
held for sale (76,797) (117,587) 194,384
At 31 March 2022 3„902 12,986 194,384 211,272
Net book value
At 31 March 2022 491,698 1,396 14,627 644,726 1,152,447
At 31March 2021 1,094,546 27,094 21,741 16,259 1,159,640

Investments
in
subsidiary
companies
Cost or valuation
At 1 April 2021
At 31 March 2022
Net book value
At 31 March 2022
At 31March 2021
Debtors
2022 2021
Due within one year
Trade debtors 11,421 9,082
Other debtors 60 60
Prepayments and accrued income 5,689 4,613
17,170 13,755

2022 202'I
Listed investments 46,475 48,818

2022 2021
Bank loans 206,904
Trade creditors 27,738 31,223
Other taxation and social security 2,104
Other creditors 5,598 5,429
Accruals
and deferred		 income 6,432 7,487
248,776 44,139

Balance at
Balance at 1 Gains/ 31 March
April 2021 Income Expenditure (Losses) 2022
Unrestricted funds
General Funds 1,419,344 554„575 (909,419) 1,416 1,065,916
Revaluation reserve 6,633 (270) 6,363
1,425,977 554,575 (909,419) 1,146 1,072,279
Balance at
Balance at 1 Gains/ 31 March
April 2021 Income Expenditure (Losses) 2022
'E K
Restricted funds
Eye Clinic Liaison Officer 26,608 (26,608)
Essex Community Foundation 6,375 (3,800) 2,575
Lottery 47,714 (31,475) 16,239
Masons 10,000 (5,833) 4,167
Screwfix 5,000 (4,174) 826
Will Charitable Trust 7,000 (1,529) 5,471
102,697 (73,419) 29,278
Statement offunds - prior year Statement offunds - prior year
Balance at
Balance at Transfers Gains& 31March
1April 2020 Income Expenditure in/out (Losses) 2021
Unrestricted
funds
General Funds 1,301,935 1,065,639 (948,935) 2,611 (1,906) 1,419,344
Revaluation
reserve (3,789) 10,422 6,633
'/,298,146 1,065,639 (948,935) 2,611 8,516 1,425,977

Balance at
Balance at Transfers Gains& 31March
1April 2020 Income Expenditure in/out (Losses) 2021
Restricted
funds
Centre 8 Club
room
refurbishment 340 (340)
Staff salary
contribution
Equipment
centre
redecoration 2,765 (2,765)
Eye Clinic
Liaison Officer 8,682 27,014 (35,696)
Refurbishment
of Quiet room 1,000 (1,000)
Safeguarding 8
Training 559 (559)
SBCEmergency
Fund- Covid-19 1,460 (462) (998)
SBC 2,000 (2,000)
Clothworkers
Foundation 1,928 (315) (1,613)
Staff Salary
Contribution-
Sport England 640 (640)
Essex
Community
Foundation 1,420 (1,420)
13,345 34,462 (45,196) (2,611)

Balance at
Balance at 1 Gains/ 31 March
April 2021 Income Expenditure (Losses) 2022
General funds 1,425,977 554,575 (909,419) 1,146 1,072,279
Restricted funds 102,697 (73,419) 29,278
1,425,977 657,272 (982,838) 1,146 1,101,557
Balance at
Balance at Transfers Gains) 31March
1April 2020 Income Expenditure in/out (Losses) 2021
General funds 1,298,146 1,065,639 (948,935) 2,611 8,516 1,425,977
Restricted funds 13,345 34,462 (45,196) (2,611)
1,311,491 1,100,101 (994,131) 8,516 1,425,977

Analysis of net assets between funds -cur rent year
Unrestricted Restricted Total
funds funds funds
2022 2022 2022
R
Tangible fixed assets 1,152,447 1,152,447
Fixed asset investments 1 1
Current assets 168,607 29,278 197,885
Creditors due within one year (248,776) (248,776)
Total 1,072,279 29,278 1,101,557

Unrestricted Total
funds funds
2021 2021
Tangible fixed assets 1,159,640 1,159,640
Fixed asset investments 1 1
Current assets 310,475 310,475
Creditors due within one year (44,139) (44,139)
Total 1,425,977 1,425,977

2022 2021
Net
income/expenditure		 for the year (as per Statement of Financial
Activities) (324,150) 104,064
Adjustments
for:
Depreciation
charges		 7,193 7,978
Loan interest 6,904
Gains/(losses)
on investments		 (1,416) 1,904
Dividends,
interests		 and rents from investments (511) (600)
Increase
in debtors		 (3,416) (1,962)
Increase/(decrease) in creditors (2,267) 15,156
Net cash provided by/(used in) operating activities (317,663) 126,540
2022 2021
f.
Cash in hand 134,240 247,902
Total cash and cash equivalents 134,240 247,902

Other non-
At 1 April cash At 31 March
2021 Cash flows changes 2022
E
Cash at bank and in hand 247,902 (113,662) 134,240
Debt due within 1 year (200,000) (6,904) (206,904)
Liquid investments 48,818 (2,343) 46,475
296,720 (316,005) (6,904) (26,189)