2021-03-31-accounts - Radford Care Group

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		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	to	23
Detailed Statement of Financial Activities	24	to	25

FOR THE YEAR EN	DED 31MARCH 202	1
					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			74,529		74,529	607,174
Charitable activities Friendship Group/Elders Day Care Making Sense of Dementia OPAL/ArtSpeak			70,579	25,703 131,146	70,579 25,703 131,146	241,060 3,536 111,789
Other trading activities Investment income			99,800 87		99,800 87	25,959 802
Other income			22,890	47,011	69,901
Total			267,885	203,860	471,745	990,320
EXPENDITURE ON
Raising funds			1,277		1,277	4,000
Charitable activities
Friendship Group/Elders Day Care Making Sense of Dementia New Build Project Fund OPAL/ArtSpeak			190,115	19,492 66,856	190,115 19,492 66,856	304,651 31,273 7,136 72,547
Other			65,367		65,367	311,299
Total			256,759	86,348	343,107	730,906
NET INCOME			11,126	117,512	128,638	259,414
RECONCILIATION	OF FUNDS
Total funds brought forward			503,376	143,377	646,753	387,339
TOTAL FUNDS CARRIED FORWARD			514,502	260,889	775,391	646,753

BALANCESHEET 31MARCH 2021
					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
FIXEDASSETS
Tangible assets		14	600,718		600,718	436,127
CURRENT ASSETS
Stocks		15	300		300	300
Debtors		16	21,258		21,258	24,947
Cash at bank and in hand			45,143	260,889	306,032	204,528
			66,701	260,889	327,590	229,775
CREDITORS
Amounts falling due within	one year	17	(41,969)		(41,969)	(19,149)
NET CURRENT ASSETS			24,732	260,889	285,621	210,626
TOTAL ASSETSLESSCURRENT
LIABILITIES			625,450	260,889	886,339	646,753
CREDITORS
Amounts falling due after more than one year		18	(110,948)		(110,948)
NET ASSETS			514,502	260,889	775,391	646,753
FUNDS		22
Unrestricted funds:
General fund					514,502	501,909
New Build Project Fund						1,467
					514,502	503,376
Restricted funds:
Making Sense ofDementia OPAL/ArtSpeak					24,273 236,616	3,774 139,603
					260,889	143,377
TOTAL FUNDS					775,391	646,753

CASH FLOW STATEM FORTHE YEAR ENDE	ENT D 31MARC	H 2	021
				31.3.21	31.3.20
			Notes
Cash flows from operating activities Cash generated from operations Interest paid				220,641 (2,547)	573,644 (769)
Net cash provided by operating activities				218,094	572,875
Cash flows from investing Purchase oftangible fixed Interest received	activities assets			(236,677) 87	(626,389) 802
Net cash used in investing	activities			(236,590)	(625,587)
Cash flows from financing	activities
New loans in year				120,000
Net cash provided by financing activities				120,000
Change in cash and cash the reporting period	equivalents	in		101,504	(52,712)
Cash and cash equivalents beginning ofthe reporting	at the period			204,528	257,240
Cash and cash equivalents the reporting period	at the end	of		306,032	204,528

TO THE CASH FLOW STATEMENT HE YEAR ENDED 31MARCH 2021
RECONCILIATION OFNET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES
	31.3.21	31.3.20
Net income for the reporting period (as per the Statement ofFinancial Activities)	128,638	259,414
Adjustments for: Depreciation charges Loss on disposal of fixed assets Interest received	9,266 (87)	694 5,934 (802)
Interest paid Impairment losses Decrease in debtors	2,547 62,820 3,689	769 310,530 16,686
Increase/(decrease) in creditors	13,768	(19,581)
Net cash provided by operations	220,641	573,644
ANALYSIS OF CHANGES IN NET FUNDS

ANALYSIS OF CHAN	GES IN NET FUNDS
		At 1.4.20	Cash flow	At 31.3.21
Net cash
Cash at bank and in hand		204,528	101,504	306,032
		204,528	101,504	306,032
Debt
Debts falling due within Debts falling due after I	1 year year		(9,052) (110,948)	(9,052) (110,948)
			(120,000)	(120,000)
Total		204,528	(18,496)	186,032

DONATIONS	AND LEGACIES
		31.3.21	31.3.20
Donations		74,529	607,174
OTHER TRADING ACTIVITIES		31.3.21	31.3.20
Meals, transport Fund raising Shop takings Other income	and outings	9,927 3 6 89,864	15,656 2,677 948 6,678
		99,800	25,959

5.	INVESTMENT INCOME	INVESTMENT INCOME				31.3.21	31.3.20
	Deposit account interest					87	802
	INCOME FROM CHARITABLE ACTIVITIES					31.3.21	31.3.20
	Attendance Fees Seated exercise	Activity Friendship Friendship	Group/Elders Group/Elders	Day Care Day Care		70,579	230,400 10,660
	Dementia information
	programme Arts and Crafts	Making Sense ofDementia OPAL/ArtSpeak				25,703 131,146	3,536 111,789
						227,428	356,385
7.	RAISING FUNDS
	Other trading activities					31.3.21	31.3.20
	Purchases						806
	Events and coffee					940	2,273
	Fund raising costs Craft materials					267 70	372 549
						1,277	4,000
8.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 9)	Totals
	Friendship Group/Elders Day Care Making Sense of Dementia OPAL/ArtSpeak				176,683 19,492 66,856	13,432	190,115 19,492 66,856
					263,031	13,432	276,463

SUPPORT COSTS
		Governance
		costs
Friendship Group/Elders Day Care		13,432
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	31.3.21	31.3.20
Auditors' remuneration	1,290	1,260
Depreciation -owned assets Deficit on disposal offixed assets Employee emoluments Accountancy fees Operating lease payments - Other Trustees indemnity insurance	9,266 189,598 5,488 3,086 355	695 5,934 252,931 4,777 1,529 315

STAFFCOSTS
				31.3.21	31.3.20
Wages and salaries Social security costs Other pension costs				186,055 9,431 3,543	248,382 15,139 4,549
				199,029	268,070
The average monthly	number ofemployees	during	the year was as follows:
				31.3.21	31.3.20
Employees				10	16

TANGIBLE FIXED ASSETS
	Freehold	Asset	Fixtures,
	land &	under	fittings
	buildings	construction	&equipment	Totals
COST
At 1 April 2020 Additions	120,268	315,859 233,463	3,214	436,127 236,677
Impairments Reclassification	(62,820) 442,552	(549,322)	106,770	(62,820)
At 31 March 2021	500,000		109,984	609,984
DEPRECIATION
Charge for year	3,797		5,469	9,266
NET BOOK VALUE
At 31 March 2021	496,203		104,515	600,718
At 31 March 2020	120,268	315,859		436,127

STOCKS
			31.3.21	31.3.20
Stocks			300	300
Stock recognised	during	the year as an expense was NIL (2020 -f806).
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.21	31.3.20
Other debtors			9,463	24,947
Prepayments			11,795
			21,258	24,947

FOR	THE YEAR ENDED 31MARCH 2021	THE YEAR ENDED 31MARCH 2021
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN		ONE YEAR
				31.3.21	31.3.20
	Bank loans and overdrafts (see note 19)			9,052
	Other creditors			27,614	15,048
	Accruals and deferred income			5,303	4,101
				41,969	19,149
18.	CREDITORS: AMOUNTS FALLING DUE AFTER		MORE THAN ONE YEAR	31.3.21	31.3.20
	Bank loans (see note 19)			110,948
19.	LOANS
	An analysis ofthe maturity ofloans is given below:
				31.3.21	31.3.20
	Amounts falling due within one year on demand: Bank loans			9,052
	Amounts falling between one and two years: Bank loans - 1-2 years			12,657
	Amounts falling due between two and five years:
	Bank loans -2-5 years			38,338
	Amounts falling due in more than five years:
	Repayable by instalments: Bank loans more 5 yr by instal			59,953
20.	LEASING AGREEMENTS
	Minimum lease payments under non-cancellable	operating	leases fall due as follows:
				31.3.21	31.3.20
	Within one year Between one and five years			2,867 5,830	1,529 382
				8,697	1,911

	The following		secured debts are included	within creditors:
						31.3.21	31.3.20
	Bank loan					70,000
	The bank loan		is secured by charges over the freehold property.
22.	MOVEMENT		IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.4.20	in funds	funds	31.3.21
	Unrestricted	funds
	General fund			501,909	(16,654)	29,247	514,502
	New Build Project Fund			1,467	27,780	(29,247)
				503,376	11,126		514,502
	Restricted funds
	Making Sense OPAL/ArtSpeak		of Dementia	3,774 139,603	20,499 97,013		24,273 236,616
				143,377	117,512		260,889
	TOTAL FUNDS			646,753	128,638		775,391

Net movement in funds, included in the above a	re as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	240,105	(256,759)	(16,654)
New Build Project Fund	27,780		27,780
	267,885	(256,759)	11,126
Restricted funds Making Sense of Dementia OPAL/ArtSpeak	39,991 163,869	(19,492) (66,856)	20,499 97,013
	203,860	(86,348)	117,512
TOTAL FUNDS	471,745	(343,107)	128,638

				Net	Transfers
				movement	between	At
			At 1.4.19	in funds	funds	31.3.20
Unrestricted		funds
General	fund		209,158	(333,830)	626,581	501,909
New Build Project Fund			46,309	581,739	(626,581)	1,467
			255,467	247,909		503,376
Restricted funds
Making Sense of Dementia OPAL/ArtSpeak			31,512 100,360	(27,738) 39,243		3,774 139,603
			131,872	11,505		143,377
TOTAL	FUNDS		387,339	259,414		646,753

Comparative net movement in funds, included in	the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	286,311	(620,141)	(333,830)
New Build Project Fund	588,684	(6,945)	581,739
	874,995	(627,086)	247,909
Restricted funds
Making Sense of Dementia OPAL/ArtSpeak	3,536 111,789	(31,274) (72,546)	(27,738) 39,243
	115,325	(103,820)	11,505
TOTALFUNDS	990,320	(730,906)	259,414

A current year	12 months and prior year	12 months combined posi	tion is as follo	ws:
			Net		Transfers
			movement		between	At
		At 1.4.19	in funds	.	funds	31.3.21
Unrestricted	funds
General fund		209,158	(350,484)		655,828	514,502
New Build Project Fund		46,309	609,519		(655,828)
		255,467	259,035			514,502
Restricted funds
Making Sense of Dementia OPAL/ArtSpeak		31,512 100,360	(7,239) 136,256			24,273 236,616
		131,872	129,017			260,889
TOTAL FUNDS		387,339	388,052			775,391

A current year 12 months and prior year 12 m as follows:	onths combined net movement in	funds, included	in the above
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	526,416	(876,900)	(350,484)
New Build Project Fund	616,464	(6,945)	609,519
	1,142,880	(883,845)	259,035
Restricted funds
Making Sense of Dementia OPAL/ArtSpeak	43,527 275,658	(50,766) (139,402)	(7,239) 136,256
	319,185	(190,168)	129,017
TOTAL FUNDS	1,462,065	(1,074,013 )	388,052

		31.3.21	31.3.20
INCOME AND ENDOWMENTS
Donations and legacies Donations		74,529	607,174
Other trading activities Meals, transport and outings Fund raising Shop takings Other income		9,927 3 6 89,864	15,656 2,677 948 6,678
		99,800	25,959
Investment income
Deposit account interest		87	802
Charitable activities
Attendance Fees		70,579	230,400
Seated exercise			10,660
Dementia information Arts and Crafts	programme	25,703 131,146	3,536 111,789
		227,428	356,385
Other income
Job Retention Scheme	Grant	68,859
Loan interest		1,042
		69,901
Total incoming resources		471,745	990,320
EXPENDITURE
Other trading activities Shop purchases Events and coffee		940	806 2,273
Fund raising costs Craft materials		267 70	372 549
		1,277	4,000
Charitable activities
Wages Social security Pensions		132,419 9,431 3,316	170,451 15,139 2,248
Rent, rates and water Gas and electricity Telephone and internet Carried forward		(1,306) 1,322 1,676 146,858	13,374 2,007 2,937 206,156

FORTHE YEAR END	ED 3	1MARCH 2021
			31.3.21	31.3.20
Charitable activities
Brought forward Printing, postage and stationery Advertising Sundries			146,858 37 5,597 1,737	206,156 1,635 927 4,703
Meals, transport and outings Volunteer expenses Motor and travelling Repairs and renewals Christmas gifts Training Dementia Information			4,771 74 8,147 172 24 19,492	61,598 254 33 8,329 403 2,968 31,273
Seated exercise				2,240
OPAL - ArtSpeak Relocation costs			66,856	72,547 6,044
Office costs				2,932
Depreciation oftangible Loss on sale oftangible	fixed assets fixed assets		9,266	694 5,934
			263,031	408,670
Other Impairment losses for tangible Bank interest		fixed assets	62,820 1,505	310,530 769
Bank loan interest			1,042
			65,367	311,299
Support costs
Governance costs
Auditors' remuneration			1,290	1,260
Accountancy fees Professional fees			2,428 9,714	4,777 900
			13,432	6,937
Total resources expended			343,107	730,906
Net income			128,638	259,414