2021-11-30-accounts

April 2022	Actual	Budget	Variance	Year to Date	Budget	Variance
Fundralslng	R38,106	f47,500	-R9,394	R356,949	R320,500	+R36,449
Retail	R71,938	R70,158	+R1,780	R294,585	R309,811	-R15,226
Therapy	R10,099	R8,336	+R1,763	R53,738	R41,680	+R12,058
Total	R120,143	R125,994	-R5,851	RT05,272	%671,991	+%33,281

Company number;	3666739	3666739	3666739
Charity number:	1073238/ SC039137(Scotland)
Registered office:	Marsh Lane Huntworth Gate
	Bridgwater
	Somerset
	TA6 6LQ
Trustees:	Trustees, who are	also directors		under	company		law, who
	served during the	year and up		to the	date of this		report
	were as follows:
	Martin Jackson —resigned		(as	Chair) 3March 2022
	Andrew Hannam	(Chair)	—appointed		Chair 3March 2022
	Richard Adams (Vice Chair)
	Mike Giblin
	Barrie Crow
	Dr Stuart Wells
	David Mowat
	Matthew Locke
	Glenys Taylor —appointed		30September			2021
	Caryn Musker —resigned		15Jtsly 2021
Bankers;	Lloyds Bank PLC
	25 Cornhil
	Bridgwater
	Somerset TA3 3AY
Solicitors:	Foot Anstey LLP
	The Quad
	Blackbrook Avenue
	Blackbrook Business Park
	Taunton
	Somerset
	TA1 2PX

Solicitors (contd,);	Andrew Rugg
	5 Hammet Street
	Taunton
	Somerset TAI I RZ
Auditors:	PKF Francis Clark LLP
	Ground Foor
	Blackbrook Gate I
	Blackbrook Business	Park
	Taunton
	TAI 2PX
President:	Her Royal Mighness	The Countess of Wessex GCVO
Vice Presidents:	The Rt Mon The Lord	King of	Bridgwater,		CH
	Major General Sir Christopher		Airy,	KCVO, CBE
	Dame Jane Whiteley, DBE
	Lady Gass, DCVO
Patrons:	The Lady Fellowes of West Stafford			LVO
	The Lord Fellowes of West Stafford			DL
	Sir Ranulph Fiennes,	BtOBE
	Dr Michael Smith
	Mr Oily Murs
Chief Executive OffIcer:	Keith Sinclair

				Unrestricted	Unrestricted
				funds	fvnds	Restricted	Total
				Charity Shops	Other Funds	funds	2021
			Note	E	E	E	K
Income and Endowments		from:
Donations and legacies:
Donations, gifts, and	legacies		3		621,644	82,913	704,557
Grant income			3	262,876	84,858		347,734
Charitable activities			4			101,198	'I01,198
Other trading activities:
Income from charity	shops			545,960			545,960
Rental income					25,980		25,980
Investment income					101		101
Other income					143,071		143,071
Total Income				808,836	875,654	184,111	1,868,601
Expenditure on:
Raising funds —Costs	of
generating voluntary	income		8		(305,110)		(305,110)
Raising funds- Trading cost of
goods sold			8	(753,448)			(753,448)
Charitable activities			9		444,865	292,421	7~37,286
Total Expenditure				~753.4AS	749,975	292.421	1,799.844
htet income/(expenditure)				55,388	125,679	(108,310)	72,757
Transfers between funds				55,388	134,873	79,485
Net movement in funds					260,552	(187,795)	72,757
Reconciliation offunds
Total funds brought	forward				287,162	717,695	1,004,857
Total funds carried forward			22		547,714	529,900	1,077,614

				Unrestricted	UnrestrIcted
				funds	fvnds	Restricted	Total
				Charity Shops	Other Funds	funds	2020
			Note	E	E	K	E
Income and Endowments		from:
Donations and legacies:
Donations, gifts, and	legacies		3	1,201	654,004	250,475	905,680
Grant income			3	435,232	231,188		666,420
Charitable activities			4			90,331	90,331
Other trading activities:
Income from charity	shops			370,645			370,645
Rental income					25,615		25,615
Investment income					309		309
Other income					224,699		224,699
Total Income				807,078	1,135.815	340,806	2,283,699
Expendltvre on:
Raising funds —Costs	of
generating voluntary	income		8		(330,820)		(330,820)
Raising funds —Trading cost of
goods sold			8	(917,450)			(917,450)
Charitabe activities			9		671,225	300,413	971,638
Total Expenditure
Net (expenditure)/Income				(110,372)	133,770	40,393	63,791
Transfers between funds				110,372	45,130
Net rnovernent in funds					88,640	(24,849)	63,791
Reconciliation of funds
Total funds brought	forward				198,522	742,544	941,066
Total funds carried forward			22		287,162	717,695	1,004,857

					2021	2020
				Note	8
Fixed assets
Tangible assets				14	816,864	900,508
Investments				15	2	2
					816,866	900,510
Current assets
Debtors				16	33,570	36,182
Cash at bank and			in hand	17	666,396	532,671
					699,966	568,853
Creditors:	Amounts		falling due within one year	18	355,224	407,098
Net current		assets			344,742	161,755
Total assets		less current liabilities			1,161,608	1,062,265
Creditors;	Amounts		falling due after more than one
year				19	83,994	57,408
Net assets					1,077,614	1,004,857
Funds ofthe		Charity:
Restricted					529,900	717,695
Unrestricted		funds			547,714	287,162
Totalfunds				22	1,077,614	1,004,857

			2021	2020
		Note	f,	K
Cash flows from operating activities
Net income			72,757	63,791
Adjustments to cash flows from non-cash	Items
Depreciation			34,530	38,141
Investment income			(101)	(309)
Profit on disposa of tangible fixed assets			142,320	222,599
			(35,134)	(120,976)
WorkIng capital adjustments
Decrease in debtors		16	2,612	1,610
(Decrease) /increase in creditors		18	51,355	54,379
Net cash flows from operating activities			83,877	64,987
Cash flows from investing activities
Interest receivable and similar income		6	101	309
Purchase of tangible fixed assets		14	(5,262)	(9458)
Sale of tangible fixed assets			196,696	332,000
Net cash flows from investing activities			191,535	322,851
Cash flows from financing activities
Value of new loans obtained during the period			50,000
Repayment of loans and borrowings			23,933	46,104
Net cash flows from financing activities			26,067	46,104
Net increase in cash and cash equivalents			133,725	211,760
Cash and cash equivalents at 1 December			532,671	320,911
Cash and cash equivalents at 30 November			666,396	532,671

3 Income fram	danatlans and	legacies
		Unrestricted	tunds	RestrIcted	Total
		CharIty Shops	Other funds	funds	funds
		B	K	B	f.
Donations and legacies;
Donations and gifts			621,644	82,913	704,557
Grants, including	capital
grants;
Corona Job Retention
Scheme		88,843	47,153		135,996
Local Authority	Discretionary
grants		174,033	37,705		211,738
Tata Ifor 2021		262,876	706,502	82,913	1,052,291
Total for 2020		436,433	885,192	250,475	1,572,100

4 Income from	charitable a	ctivities
		Unrestricted	funds		Restricted	Total
		Charity Shops	Other	Funds	funcls	funds
		8		8	S	8
Assessment income					42,025	42,025
Mydrotherapy income					58,328	58,328
Accommodation	income				845	845
Total for 2021					101,198	101,198
Total for 2020					90,331	90,331

5 Income from other tra	ding actlvlf les
	Unrestricted	funds		Restricted	Total
	Charity Shops	Other	Funds	funds	funds
	K		K	E	R
Trading income;
Charity shop sales	545,960				545,960
Rent			25,980		25,980
Total for 2021	545,960		25,980		571,940
Total for 2020	370,645		25,615		396,260

6 Investment Inco	me
		Unreslrlcted	funds		Itestricted	Total
		Charity Shops	Other	Funds	fvnds	funds
						E
Interest receivable	and
similar income,
interest				101		101
Total for 2021				101		101
Tota Ifor 2020				309		309

7 Ot	her Income
			Unrestricted	fvnds	Restricted	Total
			Charity Shops	Other Funds	funds	funds
			E	E	E	E
Other	income			750		750
Gains	on sale of tangible
fixed	assets for Charity's	own
use				142,321		142,321
Total	for 2021			143,071		143,071
Total	for 2020			224,699		224,699

		Unrestricted	funds		Restricted	Restricted	Total
		Charity Shops	Other	Funds		funds	funds
				E		E	E
Fundraising	expenses		305,110				305,110
Charity shops		753,448					753,448
Total for 2021		753,448	305,110				1,058,558
Total for 2020		917,450	330,820				1,248,270
					Other	direct	Total
		Staff costs	Support costs			costs	2021
		E		E		8	E
Fundraising	expenses	207,591		13,442		84,077	305,110
Charity shops		492,771		13,042	247,635		753,448
		700,362		26,484	331,712		1,058,558
					Other	direct	Total
		Staff costs	Support costs			costs	2020
		E		E		8	R
Fundraising	expenses	271,036		14,658		45,126	330,820
Chartity shops		554,710		11,584	351,156		917,450
		825,746		26,242	396,282		1,248,270

9 Expenditure on charitab	le activities	le activities	le activities
	Unrestricted			funds		RestrIcted	Total
	Charity	Shops		Other funds		funds	funds
		8			8	E	E
South West Centre and
satellite clinics					89,830	292,421	382,251
South East Centre and
satellite clinics					89,054		89,054
North West Centre and
satellite clinics					81,756		81,756
Home 8 regional support					64,211		64,211
Governance costs					120,014		120,014
Total for 2021					444,865	292,421	737,286
Total for 2020					671,225	300,413	971,638
					Other direct	Total	Total
	Staff costs Support		costs		costs	2021	2020
	8			K	E
South West Centre
and satellite clinics	266,157	25,032			91,062	382,251	358,058
South East Centre and
satellite clinics	78,290		5,944		4,820	89,054	249,478
North West Centre
and satellite clinics	65,053		5,944		10,759	81,756	181,019
Horne 8,regional Support	57,566		1,282		5,363	64,211	63,724
GavernanCe COSts	85,965		15,790		18,259	120,014	119,359
	553,031		53,992		130,263	737,286	971,638

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Allocation ofgovernance c	osts
	Unrestricted	funds	Restricted	Total
	Charlfy Shops f	Other Funds f	funds f	fundsf
Staff costs		85,965		85,965
Audit and accountancy		14,400		14,400
Legal and professional		3,859		3,859
Support costs		15,790		15,790
Total for 2021		120,014		120,014
Total for 2020		119,359		119,359

11 Net Incoming/(outgoing)	11 Net Incoming/(outgoing)	resources
Net incoming	resources for	the year include:
			2021	2020
Audit ofthe	financial statements		14,400	14,400
Profit on disposal of tangible		fixed assets	(1 42,320)	(222,599)
Depreciation	of fixed assets		34,530	38,141

13Staff costs The aggregate payroll costs were as follows:
	2021	2020f
Staff costs dvring the year were:
Wages and salaries	1,154,152	1,330,750
Social security cosls	81,988	100,527
Pension costs	32,998	37,927
	1,269,138	1,469,204

The monthly the Charity	average number of persons (including during the year was as follows:	senior management team) em	ployed by
		2021	2020
		No	No
Pundraising	and administration	20	23
Charity shops		31	43
South West	Centre	8	10
Sovth East	Centre	1	5
North West	Centre	1	2
Home support		2
		63	85

The monthly the Charity	average during the	average during the	number of persons year expressed as	number of persons year expressed as	(including senior management team) full-time equivalents was as follows:	(including senior management team) full-time equivalents was as follows:	(including senior management team) full-time equivalents was as follows:	(including senior management team) full-time equivalents was as follows:	(including senior management team) full-time equivalents was as follows:	employed	by
									2021		2020
									No		No
Fundraising	and administration								16		18
Charity shops									21		29
South West	Centre								6		8
South East	Centre								1		4
North West	Centre										2
Home support											1
									45

ds was:
2021	2020
No	No

14Tangible fixe	d assets
		Land and	Plant and	Motor	Computer
		buildings 5	equipment 5	vehicles	Software 5	Total 5
Cost
At I December	2020	904,655	402,806	19,295	19,936	1,346,692
Additions			5,262			5,262
Disposals		60.947	170,4'I 9	6,495		237,861
At 30November	2021	843,708	237,649	12,800	19,936	1,114,093
Depreciation
At 1 December	2020	58,897	352,060	15,291	19,936	446,184
Charge for the	year	20,525	13,017	988		34,530
Eliminated on disposals		23,744	153,298	6,443		183,485
At 30November	2021	55,678	211,779	9,836	'I9,936	297,229
Net book valve
At 30November	2021	788,030	25,870	2,964		816,864
At 30November	2020	845,758	50,746	4,004		900,508

15Fixed as	set	investments
			2021	2020
			5	5
Investment	in	subsidiaries	2	2
Subsidiaries

16 Debtors
	2021	2020
	8
Trade debtors	13,609	486
Other debtors	4,648	7, 1 13
Prepayrnents	15,313	28,583
	33,570	36,182

202'I	2020
8
666,396	532,671

18Creditors: a	mounts falling due within one year
		2021	2020
		B
Bank loans		127,685	128,204
Trade creditors		35,428	20,953
Due to group	undertakings	1,794	1,794
Other taxation	and social security	23,620	29,277
Other creditors		41,404	42,386
Accruals		125,293	184,484
		355,224	407,098

2021	2020
	B
127,685	128,204

19Creditors: amounts falling due after on	e year
		2021	2020
Bank loans		83,994	57,408
The terms ofthe bank loans are disclosed	in Note 18,above.

Total future minimum lease pay	ments unde	r non-cancellable	operating	leases are as	follows:
				2021	2020f
Within one year				40,054	84,764
Between one and five years				14,845	90,188
				54,899	174,952
The amount of non-cancellable	operating	lease payments	recognised	as an expense	during
the year was B129,017 (2020 —8332,603)

22 Funds
						Balance at
		Balance at 1				30
		December	incoming	Resources		November
		2020	resources	expended	Transfers	2021
			B	2	2
Unrestricted
Charity Shops
Funds generated			808,836	753,448	55,388
			808,836	753,448	55,388
Other
Other unrestricted	funds	238, 'I54	875,654	(749,975)	84,743	448,576
Revaluation fund		49,008			1,532	47,476
		287,162	875,654	749,975	83,211	496,052
Designated
South East					42,574	42,574
North West					9,088	9,088
					51,662	51,662
Total unrestricted	funds	287,162	1,684,490	1,503,423	79,485	547,714
Restricted
Sponsorshlps 6, bursaries		67,813	6,340			74,153
General all centres		97,236	33,250	(80,243)		50,243
South West Centre		51,015	121,422	(144,237)		28,200
Hydrotherapy Pool		321,658				321,658
Accommodation	Units	97,863		(14,394)	(27,823)	55,646
South East Centre		42,462	6,574	(6,462)	(42,574)
North West Centre		39,648	16,525	47,085	9,088
Tota Irestricted		717,695	184,111	292,421	79,485	529,900
Total funds		1,004,857	1,868,601	1,795,844		1,077,614

						Balance at
		Balance at 1				30
		December	Incoming	Resources		November
		2019	resources	expended	Transfers	2020
		B		B
Unrestricted
Charity shops
Funds generated			807,078	917,450	110,372
			807,078	917,450	110,372
Other
Other unrestricted	funds	147,982	1,135,815	(1,002,045)	(43,598)	238,154
Revaluation fund		50,540			1,532	49,008
		198,522	1,135,815	1,002,045	45,130	287, 162
Total unrestricted		198,522	1,942,893	1,919,495	65,242	287,162
Restricted
Sponsorships 3, bursaries		76,095	(8,282)			67,813
General all centres		56,578	159,882	(119,224)		97,236
South West Centre		30,010	118,693	(97,688)		51,015
I-lydrotherapy Pool		322,499	4,470	(5,311)		321,658
Accommodation	Units	177,499		(14,394)	(65,242)	97,863
South East Centre		50,248	48,712	(56,498)		42,462
North West Centre		29,615	17,331	7,298		39,648
Total restricted		742,544	340,806	300,413	65,242	717,695
Total funds		941,066	2,283,699	2,219,908		1,004,857

Notes to the Financial S 30November 2021	Notes to the Financial S 30November 2021	Notes to the Financial S 30November 2021	tatement	s for the Year	Ended
23 Analysis of net assets between			funds
						Total funds at
				Unrestricted		30November
				funds	Restricted	2021
				8	8
Tangible	lixed assets			466,722	350,142	816,864
Fixed asset investments				2		2
Current	assets			520,208	179,758	699,966
Current	liabilities			(355,224)		(355,224)
Creditors	over	1 year		83,994		83,994
Total net assets				547,714	529,900	1,077,614
						Totalfunds at
				Unrestricted		30 November
				funds	Restricted	2020
						8
Tangible	fixed	assets		485,119	415,389	900,508
Fixed asset investments				2		2
CUrrent	assets			266,547	302,306	568,853
Current	liabilities			(407,098)		(407,098)
Creditors over		1 year		57,408		57,408
Total net assets				287,162	717,695	1,004,857

24 Analysis of net	cash funds
		At 1						At 30
		December				Other	non-	November
		2020	Cash	flow	cash changes			2021
		E	2			8		8
Cash at bank and	in hand	532,671	133,725					666,396
Debt due within one year		(128,204)	(26,067)				26,586	(127,685)
Debt due after more than one
year		(57,408)				(26,586)		(83,994)
Net cash funds		347,059	107,658					454,717
		At 1						At 30
		December				Other	non-	November
		2019	Cash	flow		cash changes		2020
		R						K
Cash at bank and	in hand	320,911	211,760					532,671
Debt due within one year		(42,512)		46,104		(131,796)		(128,204)
Debt due after more than one
year		(189,204)				131,796		(57,408)
Net cash funds		89,195	257,864					347,059