##
|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|||||
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||||||||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|