##
|Contents||||||
|---|---|---|---|---|---|
|Chair and Chief Executive foreword||||||
|Trustees'
report||||||
|Statement ofresponsibilities
ofthe|trustees ofSkills for Care (a company||limited|by guarantee)|in respect ofthe|
|trustees'
report and the financial
statements|||||17|
|Independent
Auditor's
Report to the|Members|ofSkills for Care Ltd|||18|
|Consolidated
statement offinancial|activities|(inca&po& ating inconre and|eipenditrn. e account||and other|
|comprehe&rsive
income)|||||21|
|Consolidated
group balance sheet||||||
|Company
balance sheet|||||23|
|Consolidated
cash tlow statement|||||24|
|Notes (fomri
&rgpart ofthefmancial|statements)||||25|
|Glossary ofterms|||||48|
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|and other cotn|prehe|nsii
e|income)||||||
|---|---|---|---|---|---|---|---|---|
||||||2021|2021|2021|2020|
|||||/Yo(e|Unrestricted|Restricted|Total|Total|
|Income|||||||||
|Trading
activities||||4|1,391,422||1,391,422|2,578,448|
|Investments||||4|3,486||3,486|24.086|
|Charitable
activities|||||70,076|33,889,395|33,959,471|33,374,488|
|Other income|||||45,074||45,074||
|Pension||||4,/7|768,000||768,000|868.000|
|Total income||||4, /4|2,27S,058|33,889,395|36,167,453|36,845,022|
|Raising funds||||5|841,488||841,488|1„443,833|
|Investments||||5|3,543||3,543|3,375|
|Charitable
activities||||5|2.S07,204|31,141,774|33,948,978|33,372,542|
|Pension||||5, /7|550,000||550,000|1,367,000|
|Total resources expended|||||4,202,235|31,141,774|35+44,009|36,186,750|
|Net (outgoing)
/ incoming
resources before transfers|||||(1,924,177)|2,747,621|823,444|658,272|
|Transfers|||||2,824,477|(2,824,477)|||
|Net incoming|/ (outgoing)||||||||
|resources|||||900,300|(76,856)|823,444|658,272|
|Othei
comp&ehensive||inconte|||||||
|Actuarial
loss|on pension||scheme|l4. /7|(1,083,000)||(1,083,000)|(298,000)|
|Net unrealised|investment||gain|9, /4|3,956+41||3,956,341|438,S96|
|Net movement|in funds||||3,773,641|(76,856)|3,696,785|799,168|
|Total funds brought||forvvard|||25,847,561|767,946|26,615,507|25,816,339|
|Total funds carried||fonvard|||29,621,202|69],090|30,312,292|26,615,507|
##
|nt 31March 202|1||||||||
|---|---|---|---|---|---|---|---|---|
|||||ill'ore|2021|2021|2020|2020|
||||||||F||
|Fixed assets|||||||||
|Intangible
assets||||8|4,407,287||4,033,270||
|Tangible assets||||8|121,347||203,851||
|Investnlents||||9|32,023,044||28,066„703||
|||||||36,551,678||32,303,824|
|Current assets|||||||||
|Stock|||||24,257||35,422||
|Debtors due within|one|year|||1,168,529||1,355,409||
|Cash at bank in hand|||||11,266,720||10,873,970||
||||||12,459,506||12,264.801||
|Creditors: amounts|falling||due within one year||(9,983,892)||(10,065,734)||
|Net current assets||||||2,475,614||2,199,067|
|Total assets less current|||liabilities|||39,027,292||34,502,891|
|Provision for liabilities||and charges||||(100,000)||(137,384)|
|Net assets before|pension||liability|||38,927,292||34,365,507|
|Pension
liability||||17||(8,615,000)||(7,750,000)|
|Net assets after pension|||liabiTity|||30,312,292||26,615,507|
|Funds|||||||||
|Unrestricted
(before pension)||||l4||38,236,202||33,597„561|
|Pension liability||||l4||(8,615,000)||(7,750,000)|
|Unrestricted
funds||||14||29,621,202||25,847,561|
|Restricted
funds||||l4||691,090||767,946|
|Total group funds||||l4,15||30+12,292||26,615.507|
##
|Company
bal|anc|e|sheet||||||
|---|---|---|---|---|---|---|---|---|
|ttt31ll'larch 2021|||||||||
|||||tvote|2021|2021|2020|2020|
|Fised assets|||||||||
|Intangible
assets||||8|4,385,584||3,989,743||
|Tangible assets||||8|121/47||203,851||
|Investments||||9|32,023,044||28,066,703||
|Investment
in subsidiaries||||10|20,000||63,526||
|||||||36,549,975||32,323,823|
|Current
assets|||||||||
|Debtors due within one year|||||1,196,950||1,836,511||
|Cash at bank and in|hand||||10,017,553||9,453,546||
||||||11,214,503||1 1,290,057||
|Creditors:
amounts|falling due within one year|||(2|(8,759,292)||(9,100,062)||
|Net current assets||||||2,455,211||2.189,995|
|Total assets less current|||liabilities|||39,005,186||34,513,818|
|Provisions for liabilities||and charges||||(100,000)||(137,384)|
|Net assets before pension|||liability|||38,905,186||34,376,434|
|Pension liability||||17||(8,615,000)||(7,750,000)|
|Net assets after pension|||liability|||30,290,186||26,626,434|
|Funds|||||||||
|Unrestricted
(before|pension)|||14||38,214,096||33,608„488|
|Pension liability||||14||(8,615,000)||(7,750,000)|
|Unrestricted
funds||||14||29,599,096||25,858,488|
|Restricted
funds||||14||691,090||767,946|
|Total charitable
company funds||||||30+90,186||26,626,434|
##
##
|||||&Vote|2021|2020|
|---|---|---|---|---|---|---|
|Net incoming
resources|before transfers||||823,444|658.272|
|&Idfust»&e»t fo&':|||||||
|Depreciation
and amortisation||||5, 6,8|2,424,557|1,894,545|
|Disposal offixed assets||||8||32,135|
|Interest income||||4,6|(3,486)|(24,086)|
|Net pension
movement||||W, 17|(218,000)|499,000|
||||||3,026,515|3 059866|
|Decrease in debtors|||||186,880|1,991,218|
|Decrease in stock|||||11,165|16+28|
|(Decrease) in creditors||||»2|(81,842)|(2,913,361)|
|(Decrease) in dilapidations||provision||l3|(37,384)||
|Net cash from operating||activities|||3,105,334|2,153,951|
|Cash flows from investing||activities|||||
|Interest received||||4, 6|3,486|24,086|
|Acquisition of intangible|fixed assets||||(2,634,964)|(2,826,482)|
|Acquisition oftangible
fixed|||assets|8|(81,106)||
|Purchase ofinvestments||||9, /0||(61,581)|
|Net cash from investing|activities||||(2,712,584)|(2„863„977)|
|Net increase l(decrease)||in|cash and cash equivalents||392,750|(710,026)|
|Cash and cash equivalents||at|I April||10,873,970|I1,583,996|
|Cash and cash equivalents|||at 31March||11+66,720|10,873,970|
|Analysis ofchanges in net debt|||||||
||||I April 2020|Cash flow|Other non-cash change|31March 2021|
|Cash and cash equivalents|||10,873,970|392,750|Nil|11,266,720|
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|4.
Income|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Group|Group|
||||||||2021|2020|
|Restricted|||||||||
|DHSC|||||||27,127,343|26,839„183|
|Other funders|||||||6,762,052|6,317,532|
|Total restricted
income|||||||33,889,395|33,156,715|
|Unrestricted|||||||||
|Trading activity (less trading|||bank|interest)|||1+91,422|2,578,448|
|Bank interest|||||||3,486|24,086|
|Charitable
income|||||||70,076|217,773|
|Other income —Job|retention||scheme||||45,074||
|FRS 102 pension income||(&rote 17)|||||768,000|868,000|
|Total unrestricted|income||||||2,278,058|3,688,307|
|Total income|||||||36,167,453|36,845,022|
|Workforce revenue|||||||23,470,000|23,300,000|
|Workforce capital|||||||2,790,000|2,790,000|
|Workforce supporting
people|||with|a learning|disability|and autism|579,996|203,877|
|Office ofthe Chief|Social|Worker|||||237447|299,183|
|Liberty Protection
Safeguards||||||||246,123|
|Supporting
personal|relationships||||||50,000||
|Total DHSC restricted
income|||||||27,127,343|26,839,183|
|Dept for Education|||||||5,810,793|4,449,863|
|Health Education
England|||||||453,261|],515,820|
|NHS England|||||||240,644|257,195|
|Local Authorities|||||||61,996|15,665|
|Federation
for Industry
Sector Skills k Standards (FISSS)||||||||36,892|
|Registered Nursing|Home|Association|||||117,720||
|Other organisations|||||||77,638|42,097|
|Total other restricted
income|||||||6,762,052|6„317,532|
|Total restricted income|||||||33,889,395|33,156,715|
|Total unrestricted|and restricted|||income|||36,167,453|36,845,022|
##
|5.
T|otal resources expended||||||
|---|---|---|---|---|---|---|
||||Staff|Other|Group|Group|
||||costs|costs|Total|Total|
||||5(a)||2021|2020|
|||Note|||||
|Trading activity cost ofraising funds||14|487,844|353,644|841,488|1,443,833|
|Investments||5b|3,543||3,543|3,375|
|Charitable|activities|5c|8,507,644|25,441,334|33,948,978|33,372,542|
|Pension||17|(378,000)|928,000|550,000|1,367„000|
|Charitable|activities|5c|8,133,187|26,369,334|34,502,521|34,742,917|
|Total resources expended||14|8,621,031|26,722,978|35,344,009|36,186,750|
|Unrestricted|||474,147|3,728,088|4,202,235|5,457,703|
|Restricted|||8,146,884|22,994,890|31,141,774|30,729,047|
|||5d|8,621,031|26,722,978|35+44,009|36,186,750|
|Support cost|s which cann|ot be attributed
directly have been allocated as f|ollows:||
|---|---|---|---|---|
||||2021|2020|
|Trading activities|||58,892|61,272|
|Investment|||3,543|3,375|
|Charitable|activities||456,144|454,795|
|Total|||518,579|519,442|
|This includes|governance|costs off138,544 (2020EI13,947)|||
##
##
|NofCS (co&&tint&en')
|||||
|---|---|---|---|---|
|5.
Total resources expended|(co»tinned)||||
||||2021|7020|
|||1&lotes|||
|Payroll costs||7|8,621,031|9,332,336|
|Agency costs||7|39,604|50&283|
|Training
and recruitment|||88,747|96,688|
|Travel|||23&277|580,548|
|Contracts
and consultancy|||2,501,470|2&373,647|
|Disbursements|||18,410,906|17,136,102|
|Graduate
bursaries||||411,774|
|Workshops
and meetings|||28,650|476,141|
|Board and committees|||5,429|7,634|
|Conferences
and exhibitions|||15,019|173,751|
|Rent, rates, utilities and lease termination|||1,243,162|1,070,604|
|Insurance|||32&129|19.121|
|Cleaning
arid maintenance|||38,420|49,866|
|Sofhvare, telecoms and equipment|||219,175|460,093|
|IT leases, rentals and licenses|||407,441|312,258|
|Postage and courier|||44,393|91„377|
|Printing
and stationery|||55,157|223,071|
|Subscriptions
and publications|||39,680|39,702|
|Promotion
and advertising|||24&791|146,084|
|Fees paid to external
auditors|||41,296|48,676|
|Accountancy
and legal costs|||121,490|80,753|
|Bad debt provision|||(9,900)|72,257|
|Corporate office costs|||85|4.234|
|Pension interest||17|928,000|1,033,000|
|Loss on sale ofassets||||2,205|
|Depreciation
and amortisation|||2,424,557|1,894,545|
|Total resources expended|||35,344,009|36,186,750|
##
|Net incoming
resources||before transfers
a|s shown|in the consolida|ted
statemen|t offina|ncial activities is sta|ted:|
|---|---|---|---|---|---|---|---|---|
||||||||Group||
||||||||2021|2020|
|After clrarging:|||||||||
|Auditors'
remuneration|-|audit ofthese financial||statements|||30,956|35,200|
|Auditors'
remuneration|-|audit offinancial|statements ofsubsidiaries||||10/40|6,000|
|Auditors'
remuneration|-|taxation and compliance||services|||5,711|6,142|
|Internal
audit services|—remuneration||||||40,249|26,713|
|Operating
lease rentals|-|buildings
and equipment|||||1,062,814|997,537|
|Amortisation
ofgoodwill||and intangible|assets|and depreciation|oftangible|fixed|||
|assets (note 5and 8)|||||||2,424,556|1,894,545|
|Loss on disposal ofassets||||||||2,205|
|Other pension
interest|(note 17and &rote||5)||||928,000|1,033,000|
|And after c&'editing:|||||||||
|Bank interest receivable||(note 4)|||||3,486|24,086|
|Other income
—FRS102 interest adjustment|||(note 17and note 4)||||768,000|868,000|
##
##
##
|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|Key management
personnel|(Leadership|||Team)||||9||
||||||||||6|
|Programme
heads, project|managers,||heads||ofareas and locality managers|||101|102|
|Project management
office, engagement||||and other||project support||40|41|
|Corporate
resources||||||||30|35|
|Digital and data analysts||||||||22|23|
|SfCD UK partnership
hosted staff||||||||1|1|
|||||||||203|208|
|The aggregate
payroll cost|ofthese persons||||during|the period, analysed|by category, was as fol!ows:|||
|||||||||2021|2020|
|Gross salaries||||||||8,306,376|8,261,446|
|Labour costs capitalised||||||||(994,771)|(869,402)|
|||||||||7,311,605|7,392,044|
|Employer's
social security|costs|||||||849,882|844,836|
|Employer's
pension costs (before FRS102adjustments)||||||||837,544|761,456|
|||||||||8,999,031|8,998,336|
|Employer's
pension contributions||including|||one offlump sum payments|||(1,086,000)|(760,000)|
|Current service cost||||||||708,000|806,000|
|Past service cost|||||||||288,000|
|||||||||8,621,031|9,332,336|
##
##
|Insurance|Contribution
(NIC)) feil within each of|the following
bands was:|||
|---|---|---|---|---|
|||2021|2020|2020|
||||Restated||
||||excluding||
||||E'rs||
||||contributions||
|f60,001|-f70,000||3|12|
|f70,001|-f80,000||2|9|
|680,001|—f90,000|||2|
|K90,001|-f130,000|||3|
|f,130,001|- 6150,000|||1|
|The trustees consider that the offic|ers and me|mbers
liability
insurance
is a|dequate.||
|---|---|---|---|---|
|Trustee directors'
emoluments|||2021|2020|
|Aggregate
emoluments
(including|employer's|NIC) (pension anil)|38,620|38,641|
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##
|NOteS (eontituted)||||)'ear ended 31|March 202/|
|---|---|---|---|---|---|
|9.
Investments||||||
|Group and Company||2021||2020||
||Cost||Bid value|Cost|Bid value|
|At beginning
ofyear (note 9u)|21,471,432||28,066,703|21„334,851|27,491,226|
|Additions
during the year (note 9b)||||136,581|136,581|
|Unrealised
gain in year|||3,956,341||438,896|
|At end ofyear|21,471,432||32,023,044|21,471,432|28,066,703|
##
|Subsidiary|Registered
office|Company|Principal|Country|of|Percentage|
|---|---|---|---|---|---|---|
|undertakings||registered|activity|registration||ofordinary|
|||number||||shares held|
|Skills for Care
Solutions Limited|West Gate, 6 Grace
Street, Leeds LS2
2RP|07938138|Trading|England
Wales|and|100|
|Affina Organisation
Development
Limited|West Gate, 6 Grace
Street, Leeds LS2
2RP|4644495|Trading|England
Wales|and|100|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||Skills for Care|||AOD|Total|Total|
|||Solutions||||||
|Turnover|||874,811||557,885|1,432,696|2,585,468|
|Cost ofsales|||(301,890)||(224,904)|(526,794)|(961,368)|
|Gross profit|||572,921||332,981|905,902|1,624,100|
|Administrati
ve expenses|||(76,744)||(237,162)|(313,906)|(482,465)|
|Operating
profit|||496,177||95,819|591,996|1,141,635|
|Interest receivable|||554||5|559|2,640|
|Profit on ordinary
activities before||||||||
|taxation|||496,731||95,824|592,555|1,144,275|
|Tax on profit on ordinary|activities||||||(790)|
|Profit for the year|||496,731||95,824|592,555|1,143,485|
|The profits of Skills for|Care Solutions|Limited|and Affina|Organisational
Development
Limited|||have been|
|donated to Skills for Care|Ltd under gift|aid.||||||
|Assets and liabilities:||Skills for Care|||AOD|2021|2020|
||||Solutions|||Total|Total|
|Current assets|||446,269||1,075,506|1,521,775|2,038,498|
|Current
liabilities|||(436,269)||(1,065,102)|(1,501,371)|(2,0]8,094)|
|Total net assets|||10,000||10,404|20,404|20,404|
|Called up share capital|||10,000||10,000|20,000|20,000|
|Profit and loss account|||||404|404|404|
|Shareholders'
funds|||10,000||10,404|20,404|20,404|
##
|||||Group||Company|Company|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|Trade debtors||||1,054,308|1,028,145|837,939|578,310|
|Amounts|owed by group undertakings|||||250,Z46|1,063,439|
|Prepayments,||other debtors and accrued||114,221|327,264|108,765|194,762|
|income||||||||
|||||1,168,529|1,355,409|1,196,950|1,836,511|
|12.|Creditors: amounts||falling due within one year|||||
|||||Group||Company||
|||||2021|2020|2021|2020|
|Trade creditors||||272,976|383,674|218,258|333,910|
|Other creditors||||399,290|912,709|252,420|657,581|
|Accruals|(note 12a)|||7,617,068|7,088,787|7,572,047|6,975,642|
|Deferred|income (note 127b)|||1,694,558|1,680,614|716,567|1,132.929|
|||||9,983,892|10,065,734|8,759,292|9,100,062|
##
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##
##
|~ODinvestment Igoodwill|:
investment|not a|mortised
representing
|nominal
value ofshares,||
|---|---|---|---|---|---|
|||||2021|2020|
|14c)Free reserves||||||
|Made ttp oftlie following|designations|detai|ledi n 14d)c|||
|FRS102pension||||8,615,000|7,750,000|
|SfC closure||||7,100,265|7,986,357|
|SfC business plan and strategy||||6,197,214|4,458,553|
|Lease renewal||||958,205|2,388,534|
|AOD business continuity!|cumulative|return|on investment|141,824|47,193|
|Dilapidation
reserve||||100,000|137,384|
|Dilapidation
accrued||||(100,000)|(137,384)|
|SfCD business
continuity||||133,051|124,541|
|AOD reserves||||404||
|||||23,145&963|22,755,178|
##
##
##
##
##
##
|Commitments
under non-can|cellabl|e
operating
leases|are as follov s|;|||
|---|---|---|---|---|---|---|
||||2021||2020||
||||Land and|Other|Land and|Other|
||||buildings||buildings||
|Operatr'rrg
leases iv!rere pavnrents||are dae:|||||
|Within one year|||319,402|9,258|805,050|28,890|
|Within second to fifth years|||931,588|13,547|2,271,485|27.536|
||||1,250,990|22,805|3&076,535|56,426|
|16.
Analysis ofgroup|net assets between funds||||||
||||tVote|Restricted|Unrestricted|Total|
||||||funds||
|||||||f.|
|Tangible fixed assets|||8a||121,347|121,347|
|Intangible
assets|||8a||4,407,287|4,407,287|
|Investments|||9||32,023,044|32,023,044|
|Current assets||||8,220,833|4,238,671|12&459,504|
|Creditors falling due within|one year||12|(7,529,743)|(2,454,149)|(9,983,892)|
|Creditors falling due after more than one year|||17||(8,715,000)|(8,715,000)|
|Net assets as at 31March 2021||||691,090|29,621,200|30,312490|
|A'et assets as at 311lIarclr 2020||||767,946|25,847,561|26,615,507|
|17.
Pension schemes|||||||
##
##
##
|17.|Pension schemes|(continued)|(continued)|(continued)||||||
|---|---|---|---|---|---|---|---|---|---|
|Key assumptions
(%per||annum)||||2021||2020|2019|
|Discount|rate for liabilities|||||2.1||2 3|24|
|Customer|Price Index (CPI) inflation|||||2.7||'7 p|2.2|
|Pension increases||||||2.7||2 0|2.2|
|Pension accounts revaluation|||rate|||2.7||20|27|
|Salary increases||||||3.95||3 25|3.45|
|Mortality|assumptions|||||||||
|The mortality
assumptions||are based on the recent|||actual mortality|experience ofmembers
within the Fund|||and|
|allow for|expected future mortality|||improvements.|Sample life expectancies||resulting|fiom these mortality||
|assumptions
are shown below.||||||||||
|Assumed|life expectancy|at age 65||||||Z021|2020|
|Males||||||||||
|Member|aged 65 at accounting||date|||||21.9|21.8|
|Member|aged 45 at accounting||date|||||22.6|22 5|
|Females||||||||||
|Member|aged 65 at accounting||date|||||24.7|24.6|
|Member|aged 45 at accounting||date|||||25.8|25.7|
|Asset allocation||||||||2021|2020|
|||||||||0/||
|Equities||||||||78.9|77.5|
|Property||||||||4|4.5|
|Government
bonds||||||||9|9.6|
|Corporate|bonds|||||||4.8|5.1|
|Cash||||||||1.3|1.9|
|Other"*||||||||2|1.4|
|Total||||||||100|100|
|~*The administrating
authority
may invest a small portion ofthe fun
employers
participating
in the fund ifit forms part oftheir balanced|~*The administrating
authority
may invest a small portion ofthe fun
employers
participating
in the fund ifit forms part oftheir balanced|d's investments
in the assets o
investment
strategy.|fsome ofthe|
|---|---|---|---|
|Reconciliation
offunded status to balance sheet||2021|2020|
|||f,'000|X'000|
|Fair value ofassets||41,268|32,877|
|Present value ofdefined benefit|obligation|(49,883)|(40,627)|
|Pension (liability) recognised|on the balance sheet|(8,615)|(7,750)|
##
|The split ofthe liabilities|at the last|val|uation
da|te betw|een the va|rious categories ofmemb|ers
was as follows:||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2P20|
|||||||||0/|
|Active members|||||||37|37|
|Deferred pensioners|||||||28||
|Pensioners|||||||35|35|
|Amount
recognised
in|the income|statement|||||2021|2020|
||||||||1,"000|X'000|
|Operating
cost|||||||||
|Current service cost|||||||708|806|
|Past service cost||||||||76|
|Past service cost —2018/19 McCloud and GMP||||indexation||||212|
|Financing cost|||||||||
|Interest on net defined benefit liability/(asset)|||||||160|165|
|Pension expense recognised
in profit|||and loss||||868|1,259|
|Allowance
for administration
expenses|||included|in current service||cost K 000|||
|Amounts
recognised
in|other comprehensive|||income|||2021|2020|
||||||||K'000|X'000|
|Asset gains
/ (losses) arising during||period|||||6,859|(3,867)|
|Liability (losses) / gains|arising during||period||||(8,160)|3,569|
|Total amount recognised|in other comprehensive|||income and (charged) to SOFA|||(1,301)|(298)|
|Changes to the present|value ofthe defined benefit obligation||||||2021|2020|
||||||||f'000|K'000|
|Opening
defined benefit|obligation||||||40,627|43,402|
|Current service cost|||||||708|806|
|Interest expense on defined benefit||obligation|||||928|1,033|
|Contributions
by participants|||||||156|167|
|Rc-mcasurentent
gains /|(losses) on|liabilities|||||8,160|(3,569)|
|Net benefits paid out|||||||(696)|(1,500)|
|Past service cost||||||||76|
|Past service costs —2018/19 McCloud|||and Guaranteed||Minimum|Pension indexation||212|
|Closing defined benefit|obligation||||||49,883|40,627|
##
|Not CS (conti ntted)|||||
|---|---|---|---|---|
|17.
Pension schemes|(eontituted)||||
|Changes to the fair value|of|assets|2021|2020|
||||f,'000|f.'000|
|Opening fair value ofassets|||32,877|36,449|
|Prior year adjustment|||218||
|Interest income in assets|||768|868|
|Re-measurement
gains/(losses)||on assets|6,859|(3,867)|
|Contributions
by employer|*per note 5||1,086|760|
|Contributions
by participants|||156|167|
|Net benefits paid|||(696)|(1,500)|
|Closing fair value ofassets|||41,268|32,877|
||||2021|2020|
||||K'000|X'000|
|Actual return on assets|||||
|Interest income on assets|||768|868|
|Gains / (Losses) on assets|||6,859|(3,867)|
|Actual return on assets|||7,627|(2,999)|
||||2021|2020|
||||K'000|f.'000|
|Amount
credited to other|income||||
|Interest income on assets|||768|868|
|Interest cost|||(928)|(1,033)|
|Net expected return on pension assets|||(160)|(165)|
|Current service cost ~per note||5|(708)|(806)|
|Past service cost||||(76)|
|Past service cost —2018/19|McCloud and GMP indexation|||(212)|
|Net amount credited
/ (charged) to statement offinancial activities (SOFA)|||(868)|(1,259)|
##
|2021 are a|s follo|ws:||||
|---|---|---|---|---|---|
||||||2022|
||||||f,'000|
|Current service||costs|||966|
|Net internal|cost|on net|defined benefit liability||173|
|Total estimated||pension expense|||1,139|
|Allowance|for administration|||expenses include in current service cost|6|
|Estimated|pensionable||payroll|over period|2,126|
##
##
|Board
member|Organisation|Relationship
of
board member
with organisation|Relationship
of
board member
with organisation|Type ofcontracts awarded
to
organisation|2021|2020|
|---|---|---|---|---|---|---|
|Suzie|The Kings|Employed
as||Contract with AOD for work|24,959|Nil|
|Bailey|Fund|Director of||completed
by Professor Michael|||
|||Leadership k.||West to support the King's Fund|||
|||Organisational||strategic priority
on Supporting|||
|||Development||People and Leaders and work done|||
|||||as part ofthe RCN Foundation|||
|||||commissioned
research on the|||
|||||mental
health
and wellbeing of|||
|||||nurses and midv, ives.|||
|Rachael|Surrey County|Executive Director||Adults ASYE|22,815|13,664|
|Wardell|Council|ofChildren,|||||
|||Families and|||||
|||Lifelong Learning|||||
##
|Glossary ofterm|s||||
|---|---|---|---|---|
|A&R|Audit &Risk Committee||||
|ADASS|Association ofDirectors ofAdult Social|||Services|
|AMC|Annual
Management
Charge||||
|AOD|Affina Organisation
Development|Limited|||
|ASC-WDS|Adult Social Care Workforce Dataset||||
|ASYE|Assessed
and Supported Year in Employment||||
|BAME|Black, Asian and Minority Ethnic||||
|CEO|Chief Executive Officer||||
|COIF|Charities Official Investment
Fund||||
|CPA|Care Provider Alliance||||
|CPI|Customer
Pierce Index||||
|CQC|Care Quality Commission||||
|DfE|Department
for Education||||
|DHSC|Department
ofHealth and Social Care||||
||Department
ofWork and Pensions||||
|F&GP|Finance &General Purposes Committee||||
|FISSS|Federation
for Industry
Sector Skills & Standards||||
|FRS|Financial Reporting
Standard||||
|FTE|Full Time Equivalent||||
|GDS|Government
Digital Service||||
||Guaranteed
Minimum
Pension||||
||Health Education England||||
|HEEKSS|Health Education
England
for Kent,||Surrey and Sussex||
|ICS|Integrated
Care System||||
||Individual
Employer||||
||Infection Prevention
Control||||
|KPI|Key Performance
Indicator||||
|LCIC|Leading Change, Improving
Care||||
|LGA|Local Government
Association||||
|LGPS|Local Government
Pension Scheme||||
|LT|Leadership
Team||||
|LTAPS|Leading Together across Public Services||||
|MHCLG|Ministry ofHousing,
Communities||&Local Government||
|NAAS|National
Assessment
and Accreditation|||System|
||Nati onal Health Service||||
|NHSLA|NHS Leadership
Academy||||
|NIC|National
Insurance
Contribution||||
|NQSW|Newly Qualified
Social Worker||||
|Glossary|ofterms|(continued)||||
|---|---|---|---|---|---|
|PA|||Personal
Assistant|||
|PASS|||Professional
Assurance
(for cabinet office spend control)|||
|PPE|||Personal Protective Equipment|||
|QNI|||Queen's Nursing
Institute|||
|RCOT|||Royal College ofOccupational||Therapists|
||||Registered
Manager|||
|SCIE|||Social Care Institute
for Excellence|||
|SfC|||Skills for Care Ltd|||
|SfCD|||Skills for Care and Development|||
|SfCSL|||Skills for Care Solutions|Limited||
|SOFA|||Statement ofFinancial Activities|||
|TLAP|||Think Local Act Personal|||
|ULO|||User Lead Organisation|||
|VAT|||Value Added Tax|||
||||Workforce Development|Fund||
||||Work Programme|||
||||Workforce Race Equality|Standards||
||||West Yorkshire Pension|Fund||