2023-03-31-accounts - The Northam Care Trust

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TRUSTEES	Mr R S Stoneman	Chair	Chair
	Mr P RMole Vice	chair
	Mr TJCorkery
	Mr RW M Down	(appointed		4.8.22)
	Mr C DFulford
	Ms C A Tudor
	Ms J H Whittaker
COMPANY SECRETARY	Ms K V Kerley
REGISTERED OFFICE	Rose Hill Community		Project
	Heywood Road
	Bideford
	Devon
	EX393PG
REGISTERED COMPANY	04010653 (England		and Wales)
NUMBER
REGISTERED CHARITY	1081784
NUMBER
INDF PENDENT AUDITORS	Sumer Auditco Ltd
	Statutory Auditors	and Chartered			Accountants
	69High Street
	Bideford
	Devon
	EX392AT
CHIEF EXECUTIVE OFFICI'.R	Ms J Howell

							2023	2022
				Unrestricted		Restricted	Total	Total
				fund	Designated	funds	fumls	funds
			Notes
INCOME AND
ENDOWMENTS FROlul
Donations and legacies			3	11,600		66,722	78,322	22,862
Charitable activities
Residential Community projects Dont i ciliary care Supported living				2,640,813 577,108 146,767 2,G98,321		5,430	2,640,813 577,108 146,767 2,703,751	2,458,900 531,908 183,589 1,739,262
lnvestlneltt lllcolne Other income			4 G	1,494 11,679			1,494 II,G79	675 175,751
Total				6,087,782		72,152	6,159,934	5,112,947
EXPENDITURE ON Raising funds			7	2,391			2)391	2,416
Charitable activities
Residential Community projects Donticiliary care Supported living				2,593,957 573,115 152,716 2,791,853	16,415 3,543 253 38,542	8,893 1,847 132 36,335	2,619,265 578,505 153,101 2,866,730	2,517,337 497,622 244,483 1,630,996
Total				6,114,032	58,753	47,207	6)219,992	4,892,854
NET INCOME/(EXPENDITURE) Transfers betrvcen fumls			21	(26,250) 111,254	(58,753) ~l12,998	24,945 1)744	(60,058)	220,093
Net movement in funds				85,004	(171,751)	26,689	(60,058)	220,093
RECONCILIATION		OF
FUNDS
Total funtls brought	fortvard			288,018	1,495,716	37,013	1,820,747	1,600,654
TOTAL FUNDS CARRIED
FORWARD				373,022	1,323,965	63,702	1,760,689	1,820,747

			2023	2022
		Notes
FIXEDASSETS
Tangible assets		16	909,G03	932,441
CURRENT ASSETS
Stocks		17	1,220
Debtors		18	553,778	709,355
Cash at bank and in hand			478,351	403,852
			1,033,349	1,113,207
CREDITORS
Amounts falling due	ivithin one year	19	(182,263)	(224,901)
NET CURRENT ASSETS			851,086	888,306
TOTAL ASSETS LESSCURRENT
LIABI L ITI ES			1,760&689	1,820,747
NET ASSETS			1,760,689	1,820,747
FUNDS		21
Unrestricted funds:
General fund			373,022	288,018
Fixed assets			535,062	578,394
Capital work mid major repairs			200,000	322,999
Closill'e Colltlligellcv			340,903	340,903
Voids reserve			208,000	208,000
Unrestricted/service	tlevelopment		40,000	40,000
Business continuity				5,420
			1,696,987	1,783,734
Restricted funds			63,702	37,013
TOTAL FUiVDS			1,760,689	1,820,747

					2023	2022
				Notes
Cash flotvs from operating		activities
Cash generated from operations				24	107,794	9,124
Net cash provided by operating activities					107,794	9,124
Cash flows from investing		activities
Purchase oftangible fixed	assets				(34,789)	(59,655)
Interest receive&1					1,494	675
Net cash used in investing	activities				~33295)	~58,980)
Cllallge lit casll and casts	eqtllvalellts		In
the reporting period					74,499	(49,856)
Cash aml cash equivalents		at the
beginning ofthe reporting		period			403,852	453,708
Cash aml cash equivalents		at the etrtl	of
the reporting period					478,351	403,852

Freehold	property	2%straight	line and nil on land
Fixtures	and fittings	20%straight	line
Motor vehicles		20%straight	line
Computer	equipment	33%straight	line

DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
			2023	2022
Donations and gifts			78,322	22,862
INVFSTMENT INCOME
			2023	2022
Deposit account interest			1,494	675
INCOillE FROA'I CHARITABLE ACTIVITIES
			2023	2022
Residential fees	Activity Residential		2,640,813	2,458,900
Community projects Domiciliary care Supported living	Community Domiciliary Supported	projects care living	577,108 146,767 2,703,751	531,908 183,589 1,739,262
			6,068,439	4,913,659
OTHER INCOMF.
			2023	2022
Other income			11,679	175,751

Activities for raising funds	Activities for raising funds
		2023	2022
		8
Other fundraising	costs	2,391	2,416

CHARITA	BLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 9)	Totals
			f.
Residential		1,701,252	918,013	2,619,2GS
Community	projects	416,891	161,614	578,505
Domiciliary	care	144,307	8,794	153,101
Supported	living	2,126,467	740,263	2,866,730
		4,388,917	1,82S,G84	G,217,601

		Head of		Governance
		care	Other	costs	Totals
Residential		127,545	786,814	3,654	918,013
Community	projects	1,886	158,939	789	161,614
Domiciliary	care	136	8,601	57	8,794
Supported	living	20,533	711,152	8,578	740,2G3
		150,100	1,665,50G	13,078	1,828,684

2023	2022
57,627	53,538

					2023	2022
Fees payable to	the charity's	auditors	for the audit ofthe charity's	tinancial
statelllel'its					7,200	5,850
Other non-audit	seivices				4,800	3,600

			2023	2022
IVages Social	and salaries security costs		4,397,442 316,833	3,694,170 234,686
Other	pension	costs	72,753	54,565
			4,787,028	3,983,421

The averag	e monthly number ofemployees during th	e year ivas as folloivs:
		2023	2022
Charitable	activities	246	227

		2023	2022
f60,001	- f70,000	2	1

					Unrestricted		Restricted	Total
					fund	Designated	funds	funds
INCOIVIE	AND ENDOVVMENTS			FROh'I
Donations	and legacies				9,677		13,185	22,862
Charitable	activities
Residential					2,458,900			2,458,900
Community	projects				531,908			531,908
Domiciliary	care				183,589			183,589
Supported	living				1,739,262			1,739,262
lllvestllleflt	tflcollle				G75			675
Other income					175,751			175,751
Total					5,099,762		13,185	5,112,947
EXPENDITURE ON
Raising funds					2,416			2,416
Charitable	activities
Residential					2,508,425		8,912	2,517,337
Community	projects				497,622			497,622
Domiciliary	care				244,483			244,483
Supported	living				1,630,996			1,630,996
Total					4,883,942		8,912	4,892,854
NE'f INCOME Transfers between		funds			215,820 16,514	~586)	4,273 ~15,928)	220,093
Net movement in fun&is					232,334	(586)	(11,655)	220,093
RECONCILIATION			OF FUNDS
Total funds	brought	fonvar&l			55,G84	1,496,302	48,668	1,600,654
TOTAL FUNDS CARRIED FORSVARD					288,018	1,495,716	37,013	1,820,747

TANGIBLE FIXEDASSE	TS
		Fixtures
	Freehold	and	Motor	Computer
	property	fittings	vehicles	equipment	Totals
COST
At I April 2022	1,100,149	274,939	110,395	28,482	1,513,965
Acldlnolls Disposals	760	5,235	28,794 ~8,148)		34,789 ~8148)
At 31 March 2023	1,100,909	280,174	131,041	28,482	1,540,606
DEPRECIATION
At I April 2022	255,396	217,766	79,880	28,482	581,524
Charge for year Eliminated on disposal	18,421	21,316	17,890 ~8,148)		57,627 ~8,148)
At 31 March 2023	273,817	239,082	89,622	28,482	631,003
NET BOOK VALUE
At 31 March 2023	827,092	41,092	41,419		909,G03
At 31 March 2022	844,753	57,173	30,515		932,441

STOCKS
		2023	2022
		f.
Stocks		1,220
DFBTORS:	AWIOUNTS FALLING DUE YVITkllN ONE YEAR
		2023	2022
		g
Trade debtors		365,157	526,486
Other debtors		23,078	6,126
Prepayments	aml accrued income	IG5,543	l76,743
		553,778	709,355

CREDITORS	: A510UNTS FALLING DUE WITHIN	O&VE YEAR
		2023	2022
Trade creditors		73,857	61,232
Social security	and other taxes		1,261
Other creditors		72&777	134,166
Accruals and deferred income		35,629	28,242
		182,263	224,901

					2023	2022
		Unrestricted		Restricted	Total	Total
		fund	Designated	funds	funds	funds
					K
Fixed assets			875,965	33,638	909,603	932,441
Current	assets	555,285	448,000	30&064	1,033,349	1,113,207
Current	liabilities	~182&263)			~162,263	~224,901)
		373,022	1,323,965	63,702	1,760,689	1,820,747

MOVEMENT IN F	UNDS
				Net	Trmtsfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			f
Unrestricted fumls
General fund			288,018	(26,250)	111,254	373,022
Fixed assets			578,394		(43,332)	535,062
Capital work and major repairs Closure contingency			322,999 340,903	(58,753)	(64,246)	200,000 340,903
Voids reserve			208,000			208,000
Unrestricted/service Business continuity	development		40,000 5,420		~5,420)	40,000
			1,783,734	(85,003)	(1,744)	1,696&987
Restricted funds
Kitchen Refurbislmtent			8,905	(8,905)
Minibuses				23,035		23,035
Clients hardship			783			783
Awards for All Rosebuds		project	962	(962)
Carers Project			4,575			4,575
Appledore Kiosk			1,500			1,500
Sensory garden Communication				(1,744) 17	1,744	17
Gardening for the disabled			171	(171)
Pony Paddock			6,973		(6,973)
Sensory tables Northam Lodge lift			3,436 4,473	(859) (1,118)		2&577 3,355
David's Pub			5,235	(1,309)		3,926
Rose Hill Sensory Room				5,199	6,973	12,172
Cosmo Switches				422		422
Accessible gym &racquet membership scheme		sports		1,004		1,004
New training centre				7,906		7,906
Reconnecting isolated older people				2,430		2,430
			37,013	24,945	1,744	63,702
TOTAI, FUNDS			1,820,747	~60,058)		1,760,689

		lncolnhlg	Resources	Movement
		resources	expended	in funds
				6
Unrestricted funds
General fund Capital work and major repairs		6,087,782	(G,114)032) ~58,753)	(26,250) ~58,753)
		6,087,782	(6,172)785)	(85,003)
Restricted fumls
Kitchen Refurbishment		500	(9,405)	(8,905)
Minibuses		28,794	(5,759)	23,035
Awards for All Rosebuds	project		(962)	(962)
Sensory garden			(1&744)	(1,744)
Communication		37G	(359)	17
Gardening for the disabled			(171)	(171)
Sensory tables			(859)	(859)
Northam Lodge lift			(1,118)	(1,118)
David's Pub			(1,309)	(1,309)
Rose Hill Sensory Room		5,199		5,199
Cosnlo Switches		2,432	(2,010)	422
Accessible gym & racquet	sports
membership scheme		8,000	(6,996)	1,004
New training centre		7,921	(15)	7,906
Reconnecting isolated older people		13,500	(11&070)	2,430
David Gibbons Trust Rosehil1 Bathroom		430 5,000	(430) ~5000)
		72,152	47,207	24,945
TOTAL FUNDS		6,159,934	~6,219,992)	~60,058)

Comparatives for n	toveme	nt in funds
				Net	Trans fera
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
					8	8
Unrestricted funds
General fund			55,684	215,820	16,514	288,018
Fixed assets			578,980		(586)	578,394
Capital work and major repairs Closure contingency Voids reserve			322,999 340,903 208,000			322,999 340,903 208,000
Unrestricted/service	development		40,000			40,000
Business continuity			5,420			5,420
			1,551,986	215,820	15,928	1,783,734
Restricted funds
Kitchen Refurbishntent			8,905			8,905
Day Service Fundraising NL Sensory Room			1,535 16,544	(1,535) (616)	(15,928)
Garden Refurbishment			365	(365)
Clients hardship Awards for All Rosebuds Carers Project		project	783 962 4,575			783 962 4,575
J.Honell - NL Technical		Fuml	1,023		(1,023)
In memory ofTF Appledore Kiosk			2,272 1,500		(2,272)	1,500
Football Ability Gardening for the disabled Pony Paddock Sensory tables Northern Lodge lift David's Pub			1,000 171 9,033	(1,000) (2,060) 141 4,473 5,235	3,295	171 6,973 3,436 4,473 5,235
			48,668	4,273	15,928	37,013
TOTAL FUNDS			1,600,654	220,093		1,820,747

		lnconung	Resources	Movement
		I'esoul'ces	expended	in funds
Unrestricted fumls
General fund		5,099,762	(4,883,942)	215,820
Restricted fumls
Day Service Fundraising			(1,535)	(1*535)
NL Sensory Room			(616)	(616)
Garden Refurbishment		50	(415)	(365)
Football Ability			(1,000)	(1,000)
Pony Paddock			(2,060)	(2,060)
Sensory tables		1,000	(859)	141
Northam Lodge lift David's Pub		5,591 6,544	(1,118) ~1,309)	4,473 5,235
		13,185	~8,912)	4,273
TOTAL FUNDS		5,112,947	~4,892,854)	220,093
Pur ose ofmaterial	fuinls

OPERATING ACT	IVI	TIES
					2023	2022
Net (expen&liture)/income Statement ofFinancial		for the reporting Activities)	period (as per the		(60,058)	220,093
A&ljustntents for: Depreciation charges interest received					57,627 (1,494)	53,538 (675)
Increase in stocks					(1,220)
Decrease/(increase) (Decrease)/increase	in debtors in creditors				155,577 ~42,638	(396,160) 132,328
Net cash provided	by operations				107,794	9,124
ANALYSIS OF CIIANGES IN NFT FUNDS
				At 1.4.22	Cash flow	At 31.3.23
Net cash
Cash at bank and in	hmtd			403,852	74,499	478,351
				403,852	74,499	478,351

		2023	2022
INCOME AND ENDOWMEN'fS
Donations anni legacies Donations and gifts		78,322	22,862
Investn&entincome
Deposit account interest		1,494	675
Charitable activities
Residential fees		2,640,813	2,458,900
Community projects Domiciliary care Supported living		577,108 146,767 2)703,751	531,908 183,589 1,739,262
		6,068,439	4,913,659
Other income
Other income		11,679	175,751
Total incoming resources		6,159,934	5,112,947
EXPENDITURE
Activities for raising fumls Other fundraising costs		2,391	2,416
Charitable activities
Wages Social security Pensions		3,525,489 241,214 57,918	2,879,028 181,323 44,529
Agency staAing costs Travelling Other direct clmritable	costs	476,061 21,189 29,673	218,711 15,148 17,603
Bad debts		371373	18,145
		4,388,917	3,374,487
Supl)OI'I costs
Head ofcare
Wages Social security Penstons		106,297 10,440 2,064	93,672 7,644 1,894
Other head ofcare costs		31,299	38,717
		150,100	141,927

				2023	2022
Head ofcare
Other
Wages				765,656	721,470
Social security				65,179	45,719
Pellsioiis				12,771	8,142
Rates and tvater				20,025	21,912
Insurance				30,805	21,713
Light and heat				58,199	48,872
Telephone				17,814	11,879
Advertising, postage		and	stationeiy	56,289	66,215
Repairs and maintenance				162,426	91,161
Agency stafting	costs			7,650	35,425
Motor, travel and subsistence				60,802	43,129
Training costs				56,953	50,301
Food recreation	and activities			115,968	72,130
Housekeeping				37,620	38,495
Rent				19,979	11,384
Admin expenses				42,502	13,257
Sundry expenses				9,808	8,665
Void charges				67,433
Depreciation of	freehold		property	18,421	18,406
Depreciation of	fixtures		and fittings	21,316	20,659
Depreciation of	motor vehicles			17,890	12,131
Depreciation of	computer		equipment		2,342
				1,665,506	1,363,407
Governance costs
Auditors' remuneration				7,200	5,850
Auditors' remuneration		for non audit tvork		4,800	3,600
Other governance costs				1,078	1,167
				13,078	10,617
Total resources expemled				6,219,992	4,892,854
Net (expemliture)/income				~60,058)	220,093