## ## ## ## ||||||Page| |---|---|---|---|---|---| |Foreword
by|||||| |The Right Reverend|Dr. Christopher||Cocksworth|Bishop ofCoventry|| |The Chairman's
Report|||||| |Directors'/Trustees'|Report||||3 —11| |Independent
Auditors'||Report|||12-14| |Statement ofFinancial||Activities|||15-16| |Balance Sheet|||||17-18| |Cash Flow Statement|||||19| |Accounting
Policies|||||20-23| |Notes to the Financial|Statements||||24-30| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||For the|year ended 31|March 202|March 202|1||| |---|---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||Special|Total|Total| ||||Notes|Fund
f|Fund||Trust|2021
f|2020
f| |Income from:|||||||||(see page 16)| |Donations
and legacies|||1|9736||||9,736|2,820| |Investments|||2|1,991||||1,991|5,673| |Charitable
activities|||3|3,697,363||||3,697,363|3,922,610| |Other Income —CJRS Grant||||56,909||||56,909|| |Total income||||3,765,999||||3,765,999|3,931,103| |Expenditure
on:|||||||||| |Raising funds|||4|5,314||||5,314|6,151| |Charitable
activities|||5|3,488,018|1,268|||3,489,286|3,541,807| |Total expenditure||||3,493,332|1,268|||3,494,600|3,547,958| |Net income/(expenditure)||before net gains||272,667|(1,268)|||271,399|383,145| |Net gains/(losses)
on investments|||11|697||||697|(110)| |Net income/(expenditure)|||8|273,364|(1,268)||—|272,096|383,035| |Transfers
between|funds||15|(15215)|-||15215||| |Net movement
in funds||||258,149|(1,268)||15,215|272,096|383,035| |Reconciliation
offunds|||||||||| |Total funds
brought|forward|||2,625,537|6,321|136,935||2,768,793|2,385,758| |Total funds carried|forward|||2,883,686|5,053|152,150||3,040,889|2,768,793| ## |F|or the|year ended 31|March 202|March 202|0|| |---|---|---|---|---|---|---| |||Unrestricted|Restricted||Special|Total| ||Notes|Fund
f|Fund
f||Trust
f|2020
f| |Income from:||||||| |Donations
and legacies|1|2,820||||2,820| |Investments|2|5,673||||5,673| |Charitable
activities|3|3,909,648|12,962|||3,922,610| |Total income||3,918,141|12,962|||3,931~103| |Expenditure
on:||||||| |Raising funds|4|6,151||||6,151| |Charitable
activities|5|3,535,166|6,641|||3,541,807| |Total expenditure||3,541,317|6,641|||3,547,958| |Net income before net gainsl(losses)||376,824|6,321|||383,145| |Net gains/(losses)
on investments|11|(110)||||(110)| |Net income
/ (expenditure)|8|376,714|6,321|||383,035| |Transfers
between funds|15|(15,215)|||15,215|| |Net movement
in funds||361,499|6,321||15,215|383,035| |Reconciliation
offunds||||||| |Total funds brought forward|2,264,038|||121,720||2,385,758| |Total funds carried forward|2,625,537||6,321|136,935||2,768,793| |||||||2021||2020| |---|---|---|---|---|---|---|---|---| |||||Notes||||| |Fixed Assets||||||||| |Tangible assets||||10||964,935||916,599| |Investments||||11||4,069||3,372| |||||||969,004||919,971| |Current assets||||||||| |Debtors|||||482,421||502,053|| |Cash at bank and|in|hand|||1,916,184||1,605,718|| ||||||2,398,605||2,107,771|| |Creditors: amounts||falling|due|||||| |within one year||||13|(252,863)||(177,471)|| |Net current assets||||||2,145,742||1,930,300| |Total assets less|current||liabilities|||3,114,746||2,850,271| |Creditors:
amounts||falling|due after|||||| |more than one year||||14||(73,857)||(81,478)| |Net assets||||||3,040,889||2,768,793| |Funds ofthe charity:||||||||| |Unrestricted
funds||||||||| |General
fund||||15|955,802||900,491|| |Designated
funds||||15|1,926,073||1,723,932|| |Revaluation
reserve||||15|1,811||1,114|| |Total Unrestricted|Funds|||||2,883,686||2,625,537| |Restricted funds||||15||5,053||6,321| |Special trust||||15||152,150||136,935| |||||||3,040,889||2,768,793| ## ## ||||CASH FLOW STATEMENT||| |---|---|---|---|---|---| ||||As at 31 March 2021||| |||||2021|2020| |||||f|| |Cash flow from operating|activities||19|422,167|399,595| |Interest paid||||(2,868)|(3,649)| |Net cash flow from operating||activities||419,299|395,946| |Cash flow from investing|activities||||| |Payments
to acquire tangible fixed assets||||(103,041)|(26,944)| |interest received||||1,829|5,495| |Net cash flow from investing||activities||(101,212)|(21,449)| |Cash flow from financing|activities||||| |Repayment
of long-term
loans||||(10,489)|(10,735)| |Interest paid||||2,868|3,649| |Net cash flow from financing||activities||(7,621)|(7,086)| |Net increase
in cash and|cash|equivalents||310,466|367,411| |Cash and cash equivalents|at|1 April 2020||1,605,718|1,238,307| |Cash and cash equivalents|at|31 March|2021|1,916,184|1,605,718| |Cash and cash equivalents|consist of:||||| |Cash at bank and
in hand||||1,916,184|1,605,718| |Cash and cash equivalents|at|31 March|2021|1,916,184|1„605,718| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||For the ye|ar ende|d 31 March 2021||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||F|| |1|Donations
and legacies||||||| ||Donations|||||9,736|2,820| |||||||9,?36|2,820| |2|Investment
income||||||| ||Listed investments|||||162|178| ||Other interest receivable|||||1,829|5,495| |||||||1,991|5,673| |3|income from charitable||activities||||| ||Residential
assessment
Other services||charges|||3,505,454
191,909|3,512,080
410,530| |||||||3,697,363|3,922,610| |4|Expenditure
on raising||funds||||| ||Fundraising
costs|||||5,314|6,151| |5|Charitable
activities|- family care, assessment|||and support||| ||Costs directly allocated||to activities||||| ||Staff costs (including
Staff training|ancillary costs)||||2,413,524
36,990|2,449,430
55,195| ||Premises costs|||||231,520|244,201| ||Security|||||4,965|5,852| ||Household
expenses|||||55,358|77,435| ||Loan interest|||||2,868|3,649| ||Depreciation|||||38,629|35,878| |||||||2,783,854|2,871,640| ||Support costs||||||| ||Staff costs (including|ancillary costs)||||470,820|438,825| ||Office costs|||||55,034|66,216| ||Other expenses|||||151,798|137,033| ||Depreciation|||||16,076|18,439| ||Audit and accountancy|||||6,900|6,600| ||Other governance
costs —Director/Trustee|||training|etc|4,804|3,054| |||||||705,432|670,16?| |||||||3,489,286|3,541,807| ## ||||||||||||||||2021|||2020| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||||f|||| ||6|Staff costs||||||||||||||||| |||Wages and salaries|||||||||||||2,413,742|2,402,413||| |||Social security costs|||||||||||||217,379||211,366|| |||Pension costs|||||||||||||90,234||87,186|| |||Other employee
benefits|||||||||||||162,988||187,290|| ||||||||||||||||2,884,343|2,888,255||| |||The number of higher|paid|employees||||was:|||||||Number|Number||| |||Taxable emoluments|band|F60,001 -||||F70,000||||||||||| |||Taxable emoluments|band|270,001 -||||680,000||||||||||| |||The average
number|ofemployees||||analysed|||by|function was:-|||||||| |||Provision offamily care and|||assessment||||||||||99|||98| |||Support|||||||||||||13|||13| ||||||||||||||||112|||| |||Full time equivalent|||||||||||||84|||83| |||Key Management
Personnel||||(Senior management)||||||remuneration||||||| |||There are three
members|||of|the|senior||management|||team|and|their aggregated
remuneration||||in| |||respect ofqualifying
services|||was:|||||||||||||| ||||||||||||||||2021|||2020| |||Remuneration
and benefits||including||||employers|||NlC||||171,337|173,012||| |||Pension|||||||||||||5,112|||4,933| ||||||||||||||||176,449|177,945||| |7||Directors'/Trustees'|remuneration|||||||||||||||| |||No Directors/Trustees
received
was paid to 1 Directors/Trustees||||any
as|remuneration
for the current
expenses (2020:f159 paid||||||or preceding
year, however
to 2 Directors/Trustees).|||236||| ||||||||||||||||2021|||2020| ||||||||||||||||E|||| |8||Net incoming
/(outgoing)||resources||||||||||||||| |||This is stated after charging:||||||||||||||||| |||Auditors
remuneration|-audit||||||||||||6,900||6,600|| |||Auditors
remuneration|-other||services||||||||||19,406||22,213|| |||Depreciation|||||||||||||54,705||54,317|| ## ## ## ## |||||| |---|---|---|---|---| |Fixed assets|||Computers,|| ||Freehold|Leasehold|fixtures
and|| ||premises|premises|fittings|Total| |||E||E| |Cost||||| |1 April 2020|537,223|505,896|409,183|1,452,302| |Additions|||103,041|103,041| |Disposals||||| |31 March 2021|537,223|505,896|512,224|1,555,343| |Depreciation||||| |1 April 2020|159,523|79,609|296,571|535,703| |Charge for year|9,003|9,647|36,055|54,705| |Eliminated
on disposal||||| |31 March 2021|168,526|89,256|332,626|590,408| |Net book value||||| |31 March 2021|368,697|416,640|179,598|964,935| |31 March 2020|377,700|426,287|112,612|916,599| |11|Fixed asset investments|Fixed asset investments|||||| |---|---|---|---|---|---|---|---| ||1 April 2020
Net gains I(losses)|on revaluation|||at 31 March 2021||3,372
697| ||Market value at 31 March||2021||||4,069| ||Historical cost at 31|March||2021|||2,258| ||investments
consist|of:|||||| ||Charities
Official Investment|||Fund|||4,069| |||||||2021|2020| ||||||||E| |12|Debtors||||||| ||Debtors
—accommodation||charges|||398,240|467,267| ||Prepayments
and accrued|||income||84,181|34,786| |||||||482,421|502,053| |||||||2021|2020| |13|Creditors:
amounts|falling||due within one year|||| ||Bank loan (see note|14)||||7,500|7,500| ||Trade creditors|||||102,262|35,585| ||Accruals|||||80,220|73,655| ||Tax and social security|||||52,870|52,657| ||Other creditors|||||10,011|8,074| |||||||252,863|177,471| |||||||2021|2020| |14|Creditors:
Amounts|falling||due after more than one year|||| ||Bank loan|||||73,857|81,478| |instalments.
Interest
is being charged at 3.26% over L
Amounts
falling due on the bank loan are as follows:|loyds Bank pic Base Rate.|| |---|---|---| ||2021|2020| |In one year or less (note 13)|7,500|7,500| |Between one and two years|7,500|7,500| |Between two and five years|22,500|22,500| |Over five years|43,857|51,478| ||81,357|88,978| ## ## ## ## ## ## ## ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |16|Analysis of net assets between|||funds|||||| |||||||Unrestricted|Restricted|Special Trust|Total| |||||||E|E|E|F| ||Fund balances at 31|March|2021|are|||||| ||represented
by:||||||||| ||Tangible fixed assets|||||964,935|||964,935| ||investments
Cash at bank and
in hand|||||4,069
1,758,981|5,053|152,150|4,069
1,916,184| ||Other net assets|||||155,701|||155,701| |||||||2,883,686|5,053|152,150|3,040,889| |17|Operating
lease commitments||||||||| ||Total future
minimum|lease|payments||under|non-cancellable|operating|leases are as follows:|| ||Land and Buildings|||||||2021|2020| |||||||||E|| ||Within one year|||||||7,500|17,025| ||One to five years|||||||30,000|30,796| ||More than five years|||||||2,386,982|2,394,482| |18|Capital commitments||||||||| |||||||||2021|2020| |||||||||E|E| ||Contracted
but not provided||for in|the|financial statements|||185,506|| |19|Cash flow from operating||activities||||||| |||||||||2021|2020| |||||||||E|E| ||Net movement
in funds|||||||272,096|383,035| ||Depreciation|||||||54,705|54,317| ||Interest payable|||||||2,868|3,649| ||Interest receivable
(Losses)/gains
in investments|||||||(1,829)
(697)|(5,495)
110| ||Decrease/(increase)
in
Increase/(decrease)
in|debtors
creditors||||||19,632
75,392|(18,149)
(17,872)| |||||||||422,167|399,595| ## ## ## ## ## ## |The carrying
amounts
ofth|e|c|harity's
fin|an|cial|instrume|nts|are as|follows:|||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||2021|2020| ||||||||||||F|F| |Financial assets||||||||||||| |Measured
at fair value through|||net income||/ expenditure:|||||||| |Fixed asset listed investments|||(note 11)||||||||4,069|3,372| |Debt instruments
measured||at|amortised|cost:||||||||| |Debtors —accommodation|charges (note|||12)|||||||398,240|467,267| |Other debtors (note 12)||||||||||||| |Financial
liabilities||||||||||||| |Measured
at amortised
cost||||||||||||| |Bank loans (notes 14)
Trade creditors (notes 13)
Other creditors (notes 13)|||||||||||(81,357)
(102,262)
(10,011)|(88,978)
(35,585)
(8,074)| |The income, expenses, net|gains and net|||losses attributable||||to the|charity's|financial
instruments||are| |summarised
as follows:||||||||||||| |Net gains and losses (including|||changes|in|fair value)|||||||| |Financial assets measured|at|fair value through||||net income||/ expenditure|||697|(110)| |Financial
liabilities
measured||at|amortised||cost through||net|income|/ expenditure||(2,868)|(3,649)|