Charity No. Company No. 03587073 Tru5tees' Rep and Unaudlted Accounts 31 March 2025 'AETr¢(064X• 1311212025 COWANIES HOUSE Af5 *87 1
Knlghtswood Care Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Summary Income and Expendtture Account Balance Sheet Statement of Cash flows Notes to the Accounts Detailed Statement of Financial Activities Pay• 1
Knightswood Care Trustees Annual Report The trustees. who are also directors of the charity for the purposes of the Companies Act 21)06, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMIN15fRATIVE DAll5 Company No. 035870n Charlty No. 1082006 Prfncipal Office The Knightswood Care Centre Asheldham Hall Farm Hall Road A5heldham Essex CMO 7JF Registered OffKe Knightswood Day Care Centre Asheldham Hall Farm Hall Road A5heldham, Essex CMO 7JF Dlrertors and Trustees The Directors of the charitable company are its Trustees for the purposes of charity Lqw. The following Directors and Trustees serrfed during the year: J. Band C. Fisher F. Mitchell R.C. Overall S.J. Parson5 S. Pinch {ResiBned 12 May 2025) Accountants Shirley Smith & Co Ltd 11 Chandlers Way South Woodham Ferrers Chelmsford E55ex CM3 5TB
Knlghtswood Care Trustees Annual Report OBJECTIVES AND AcrivrriES The purpose of the charity as set out in its 8oveming dotument is to promote. support and advance such tharitable institution or institutions or charitable purposes such as the Chartty thinks fit for the benefit of the individua15 in the Maldon District of Essex or such other areas as the Trustees of the Charity shall determine. To provide a comprehensive range of Day Care services which promote independence. well-being and choice and empower older people to Iwe full and attive lives and to reach optimum levels of good health. To work with partners in the statutory. private and voluntary sector in developing services which meet the needs of older people and their carers. The attached Chaimian's Report attached detsils the challenges and ambition of the trustees. A larger charity must provide an explanation of its aim5. including details of the issues it seeks to tsckle and the changes or differences it seeks to make through its activities... A larger charity must provide an explanation how the achievement of its aims will further its legal purpose5... A larger charity must provide an explanation of its Strategies for achieving tts stated airns and objectives... A larger charity must provide an explanation of its criteria or measures it use5 to asses5 Success in the reportin8 period... A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives... ACHIEVEMENTS AND PERFORMANCE A larger charity must rewew its charitsble artivities undertaken. explaining perfomiance achieved against objectives set ... A larger tharity must include an explanation when material fundraising attivities are undertaken, detsils of the performance achieved a8ain5t fundraising objerti¥es set... A larger charity must provide an explanation when rnaterial investments are held. details of inve5trnent performance achieved aeainst objectives set ... A larger charity must provide an explanation of any material expenditure occurred to raise income in the future... A larger charity must provide commentsry on those significant positNe and negative factors within and outside the charity's control which are relevant to the achievement of its objectives... PLANS FOR FUTURE PERIODS A larger charity must provide a summary of the tharivs plans forthe future intludinz its aims and objectives and details of any plan5 to achieve them . A larger charity's report ould explain the trustees perspectNe of the future direction of the charity... Signed on behalf of the board F. Mitchell Trustee 26 November 2025
Knlghtswood Care Independent Examiners Report Independent Examlner's Report to the tntstees of Kni8htswood Care I report to the charity trustees on my examination of the financial statements of Knightswood Care for the year ended 31 March 2025. Responsibilities and ba515 of report As the charity's trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Att 2Tr)61'the 2)6 Act. Having satisfied myself that the financial statements of the CharTty are rN)t required to be audited under Part 16 of the 2006 Act and are eligible for independent eyarnination. I report in respect of my examination of your charity'5 financial 5taternents as carried out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{51 Ibl of the 2011 Art. Independent examirber's ststement As the charity's gross income exceeded £250.(KK) your examiner murt be a member of a body listed in section 145 of the 2011 Act. I confirm that l arn qualified to undertake the examination because l am a member of Association of Accounting Technicians. which is one of the listed bodies. I have completed my examination. I can confim that no material matters have come to my attention in connection with the examination me cause to believe- accounting records were not kept in accordance with section 386 of the 2(K16 Act . or the financial statemerrts do not accord with th05e retords. or the financial statements do not comply with the accounting requirements under section 396 of the 2(*)6 Art other than any requirement that the financial statements 8i¥e a 'true and fair, view which is not a matter considered as part of an independent examination- or the financial ststements have not been prepared in accordan with the methods and principles of the statement of Recommended Practice for accounting and reporting by charities applicable to charities preparln8 their accounts in accordance with the Finanual Reporting Standard applicable in the UK and Rewblic of Ireland {FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial state ts to be reached. Oani Association of Accounting Technicians Shirley Smith & Co Ltd 11 Chandlers Way South Woodham Ferrers Chelmsford Essex CM3 5TB 26 November 2025 er
Knightswood Care Statement of Financlal Acti¥ities for the year ended 31 Marth 2025 Unrestrirted lund5 Totsl fund5 Total funds 2025 2024 Income and endowments Donation5 and legacies Charitable artivities Other tradin8 activities 97,899 177.306 277.052 97.899 177,306 277.OS2 190.201 103,486 178,818 Total 552,257 552.257 472,SOS Expendituie on: Charitable artivities Other 45.678 415,788 45.678 415.788 38,627 420,259 Total 461.466 461,466 458.886 Net gains on investments Net income 90.791 90.791 13.619 Transfers between funds Net Income llefore other gainsl(losses) 90.791 90,791 13.619 Other galns and10sses Net movement In fund5 90.791 90.791 13,619 Reconclliatlon of funds: Total funds brought forward 136.025) {36.0251 149.6441 T¢)tsl fvnds carrled forward 54.766 54.766 136,0251
Knlghtswood Care Summary Income and Expendititte Account for the year ended 31 Marth 2025 2025 2024 Income 552,257 472.505 Gross Income for the year Expenditure 552.257 472.505 444.774 417,159 Oepreciation and charges for impairment of fixed assets 16.692 41.727 Total expendlture for the year Net income before tax for the year 461,466 458,886 90.791 13,619 Net InMe lor the year 90,791 13,619
Knlzhtswood Care Balance Sheet at 31 Mareh 2025 Company No. 03587073 2024 Fixed assets Tangible assets li 43.342 43,342 59,173 59.173 Currenl assets Stocks Debtors Cash at bank and in hand 12 13 150 52,841 89,333 142.324 123.8641 118.460 150 25.142 2.098 27.390 {15,5521 11.838 Creditots: Amount falling due within one year Net current assets 14 Total assets less current liab116tles 161.802 71.011 Creditors: Amounts falling due after more than one year Net assetsllliabllltlesl exdudlwa penslon asset or Ilablmty Total net assetsllliabiiiiles) 15 1107.036) 54.766 1107.0361 136.0251 54.766 136,0251 The lunds of the charlty Restrfrted fvnds Unrestricted funds Gener31 funds 16 16 54.766 136.0251 (36.0251 54,766 Reserves 16 Total funds 54.766 136.0251 These accounts have been prepared in accordance wtth the special provisions of Part IS of the Companies Act 2006 relating to small companies. For the year ended 31 March 2025 the company was entitled to exemption under section 477 ofthe Companies Act 2TrJ6 relating to small companies. The members have not required the company to obtsin an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companie5 Act 21XJ6 with respect to accounting records and the preparation of accounts. Approved by the board on 26 November 2025 And signed on its behalf F. Mitchell Trustee 26 November 2025 P?VA 7
Knlghtswood Care Statement of Cash flows for the year ended 31 Marth 2025 2025 2024 Cash flow5 from operatlng actlvities Net in¢offle per Ststement of Financial Artivities 90.791 13,619 Adlu5tments for: Depreciation of property plant and equipment Loss on disposal of tangible fixed assets Increase in trade and other receivables IncreasellDecrease} in trade and other payables 16,692 40,684 1.043 111,764) 14.774) 127.6991 1.982 Nel cash provlded by operatlwa acifviiles 81.766 38.808 Cash fl¢)ws from Investkng actlvltles Payments for property. plant and equipment (861) 137.616) Net tash used In investlng actl¥ltles (8611 136.3961 Cash fl¢)ws from financln8 artlvltles Repayment of borrowin85 16,CKMJ) Net cash lused In)/from flnancing arti¥itie5 16.CWI Net Increase In ¢ash and cash equlvalents 74.905 8.412 Cash and Cash equl¥alents at the beglnnln£ of the year 8,494 Cash and cash equl¥alents at the el of the year 77.rx13 16,906 Components of $h and cash equr¥alents Cash and bank bèlances 89.333 2.098 89,333 2.098 Pxo St
Knightswood Care Notes to the Accounts for the year ended 31 Mar¢h 2025 l Accountlng pollcles Basis of preparation The financial statements have been prepared in accordance with Atcounting and Reporting by Charities: ststement of Recommended Practice applitable to charitie5 preparing their attounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective I January 20151- (Charities SORP IFRS 10211. the Financial Reportine Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2(. Chanze In basls of ac¢ountilWd or to previous accounts There ha5 been no chan8e to the accounting policies (valuation rules and method of accounting) since last year and no thanges have been made to attounts for previous year5. Fund accounting Unrestrirted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestrirted funds which indude a revaluation reserve representing the reststement of investment assets at their market values. These are available for use subjert to restrictions imp05ed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is included in the Statement of Financial Activities ISOFAI when the charity betomes entitled to. and virtualty certain to receive. the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported eross in the SOF Donations and legacies Voluntary intome received by way of grants. donatlons and gifts is included in the the SOFA when re1vable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax redaims is included in the SOFA at the same time as the donations and gift5 giftldonation to which it relates. Donated servi$ These are oft included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable. rneasurable and material. Volunteef help The value of any volunteer help received is not induded in the accounts. Investment income This is included in the attounts when receivable. Gains/(lossesl on Thi5 includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gainslllossesl on investment assets and focilities This includes any gain or1055 on the sale of investments.
Knlghtswood Care Note5 tt) the Acwunts Expendltufe Recognition of expenditure Expenditure is recogni5ed on an accruals basi5. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income. fundraislng raising funds tradin8 costs and investment management costs. Empenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects. intluding the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees, costs linked to the strategic management of the Charity. together with a share of other administration costs. These are sUPPOrt C05ts not allocated to a particular actiwty. Grants payable Governance costs Other expenditure Taxation The charity Is exempt from corporation tsx on its charitable activities. Tan8ible fixed assets and depreciation Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Leasehold property 14.3% Straight line 25% Reducing balance and 115 Straight line Plant and Machinery Stocks Stock is included at the lower of cost or net realisable value. t>onated items of stock are recognised at fair value which is the amount the tharity would have been willing to pay forthe items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents tomprise cash at bank and on hand, demand deposits wlth banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position. bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows.cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integr31 part of the company's cash management. Pay• ln
Knl8htswood Care Note5 to the Accounts Trade and other credltors Short term creditors are measured at the transaction price. Other creditors and provisions are reco8ni5ed where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Pensron costs The charity operates a defined contribution plan for rts employeek A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contribution5 have been paid the company ha5 no further payments obligations. The contributions are recogntsed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. Recelpt of donated goods. facilities and seThices All donated gi)ods, facilities and services receNed are recognised within incoming resources and expenditure at an estimate of the value to the charity. 2 Company staty5 The company 15 a private company limited by euarantee and consequently does not have Share capital. 3 Statement of Financlal Actlvltles- prlor year Unrestrirted funds Totsl funds 2024 2024 Income and endowmÈnts from: Donations and legacies Charitable activities Other trading activities 190.201 103,486 178.818 190.201 103,486 178.818 Total 472.505 472.505 Expendlture on: Charltsble activities 38,627 38.627 420.259 Other 420.259 Totsl 458.886 458.886 Net Income 13,619 13,619 Net Income before otr 8atns/11055es) Other galns and losses: Net movement In fvnds 13.619 13.619 13.619 13.619 Reconcillatian of fvnds: Total funds brought fonvard Total funds ¢arrfed forward {49.6441 149.6441 136.0251 136,0251
Knithtswood Care Notes to the Accounts 4 Income from donation5 and le8a¢ie5 Unrestrlcted Total Total 2025 2024 Donatlons and grants 97,899 97,899 97,899 97,899 190,201 190.201 5 Inc¢Mne from charltsble acllvlts Unrèstrirted Total T•)tal 2024 2025 Income from tharitable events 177.306 . 177.306 103.486 177.306 177,306 103.486 6 Income from other tradlns activities Unrestrirted Total Total 2025 2024 Trading and rental income 277,052 277.052 277,052 277,052 178,818 178,818 7 Expenditure on ¢haritable activities Unrestrirted Total Total 2025 2024 Expenditure on charitable octivities Income from charitable 45.678 45.678 38.627 event5 Governance costs 45.678 45.678 38,627 P3v•1?
Knlghtswood Care Motes to the Accouftts 8 Other expenditure Totsl Total 2025 2024 Employee tosts Motor and travel costs 298.917 12.963 61.938 298,917 12.963 61,938 293.828 13.786 51.564 Premises costs Amortisation. depreciation. impairment, profit/los5 on disposal of fixed assets General administrative costs 16.692 16.692 41.727 12.122 13.116 41S.788 12.122 13.116 415,788 6.734 12,620 420,259 Legal and professional costs 9 Net Income before transfers 2024 This is stated after charging: Depreciation of owned fixed assets 10 stsff ¢¢)sts 16.692 40.684 2025 295.267 3.650 298,917 2024 Salaries and wages Pension costs 290.249 3.579 293,828 No employee received emoluments in excess of £60,(KKI. 11 TalbIe fixed assets Land and Iwildlngs Hant and Machinery Total Cost or revaluation At l April 2024 Additions At 31 Marth 2025 Depreclatlon and impairment At l April 2024 Depreciation charge for the year At 31 March 2025 Net b(k values 140.CKM) 171.892 861 311,892 140.¢XL) 172.753 312,753 140.(KW) 112,719 252,719 16.692 16,692 140.(K)O 129,411 269,411 At 31 March 2025 At31 March 2024 43,342 59.173 43,342 59.173
Knightswood Care Notes to the Accounts 12 Stocks 2025 2024 Finished gwds 150 150 150 150 13 Debtors 2024 Trade debtors Prepayments and accrued income 48,651 4,190 52.841 19,734 5.408 25.142 14 Credltors: amounts falling due within one year 2024 Bank loans and ovefdrafts Trade creditors Other taxes and social securlty Accruals 6.OOD 3,239 3.858 2,455 15.552 6,149 2,930 14,785 23.864 15 Credltors: amounts falling due after more than one year 2024 Other creditors 107,036 107,036 107.036 107,036 16 Movement in funds Incomkng resources At31 (Including Res¢)Ur5 other e¥pended At l Aprll Eainsl105ses ZOZ4 Marth 2025 Restrlcted fund5: Unrestrfcted fvnds: General funds 136.025) 552,257 {461,4661 54,766 Totsl fvnds 136.0251 552.257 1461.4661 54,766 PaL7• 1
l(nlzhtswood Care Not tt) the A)Urtts 17 Anaty51s of net assets between fvnds Unrewirted fd5 Re5trirted funds Totsl Fixed assets Net current asset5 Creditors due in more than one year and provisions 43,342 32,057 43.342 118,460 86,403 1107,036) {107.0361 131.6371 86.403 54.766 18 Reconciliation of net debt At31 At l April 2024 Cash flows Mar¢h 2025 Cash and cash equivalents 2.098 2.098 87.235 87.235 89,333 89,333 Bank loans {6.0001 16.1))01 Net debt (3,9021 93.235 89.333 19 Commitments Opernting lease commltments Annual commitments under non-cancellable operating lea5e5 are as follows: 2025 2025 2024 2024 Land and buildings Land and building5 Other Operating leases With expiry date. Pension commitments 2025 2024 The pension cost charge to the company amounted to- 3.650 3.579 20 Related party disclowre5 Controlllngparty
Knightswood Care Detalled SL*ement of financial Aclivitses for the year ended 31 March 2025 Unrestrirted funds Total funds Total lunds 2025 2025 2024 Income and endowments from: Donations and legacie5 Donations and grants 97.899 97.899 97.899 97.899 190,201 190,201 Charitable activities Income from tharitae events 177.306 177,306 177.306 177.306 103,486 103,486 Other trading activities Trading and rental income 277.052 277,OS2 277.052 277.052 178,818 178,818 Totsl in¢omè and endowments 552.257 S52.257 472.505 Empendlture on: Charitable attivities Income from charitable events 45.678 45.678 45,678 45,678 38,627 38,627 Total of expendlture on dwritable artlvltles 45.678 45.678 38,627 Other expenditure Employee costs Salaries/wa8es Pension costs 295.267 3,650 298,917 295.267 3,650 298,917 290,249 3,579 293,828 Motor and travel costs Vehicles- General costs Travel and subsistence 12.934 29 12.934 29 12.963 13,547 239 13.786 12.963 Premises costs Rent 31.700 1.257 7.496 21,485 61.938 31.7(Kl 1,257 7,496 21,485 61.938 29.974 Rates Light. heat ond power Other premises costs 3,120 18,470 51,564 General administrative costs. including depreciation and amortisation Depreciation of land and buildings 20,OtN)
Knlghtswood Care Detailed Ststement of Financial Activit*s Depreciation of Plant and Machinery Loss on disp05aS of tangible fixed assets 16.692 16.692 20.684 1.043 Bank charges General insurances Stationery and printing Sundry expenses Telephone. fax and broadband 840 1.234 1.211 1.765 7.111 28.814 1.234 1.211 1.765 7,111 28,814 1,092 246 3.715 48,461 Legal artrd professional tosts Audit/lndependent examinalion fees Other leEal and professional costs 2.496 2.496 10.620 10.620 10.220 13.116 13.116 12.620 Total of expenditure of other costs Totsl expenditure 415.788 415,788 420.259 461.466 461.466 458,886 Net gains on investments Net Income 90.791 90,791 13,619 Net income before other 88inslllosses) Other Gains 90.791 90.791 13.619 Net movement in funds 90,791 90.791 13.619 Reconciliatlon of funds: ToLIl funds brought forward 136.0251 136.025) 149.6441 Total funds carrfed forward 54,766 54.766 136.0251 17
Annual Re rt for Kni tswood Care ril 2024- 31 March 2025 This financial year saw the imposition of a series of changes to senior management rolls and fee increases to client5 both of which were essential to ensure fiscal stability of the charity and reduce our relian on grants. At the beginning of the financial year, we saw an increase in the minimum wage in 2024 and an indicatlon of a further rise in 2025 coupled with increased employer contributions. These have been significant financial burdens which had to be met and hence measures outlined above became essential. To 35SiSt Kni8htswood we recruited an additional Trustee and continue to look to strengthen the Board with the right mix of skills to ensure that Knightswood management is well supported. The new operations manager worked with a trustee to assess all the charity's outgoings checking we were obtaining the best service from any provider and there was no overlap in those service5. By consistently reviewing all serviceslinsurances as they came up for renewal throughout the year and detailed review of all outgoings, savings were made and procedures put in place to ensure sound housekeeping. As the year progressed it became apparent that all the changes made had improved our financial situation and we did not h to seek any further relief funds and would be in a position to meet the finanual obligations both in 2024 and 2025. Both Knightswood staff and trustees continued to fund raise throu8h various events. In particular the Wannebees group giving of their time freely to provide musical evening and dancing on 2 occasions. As in previous years we worked with Burnham Rotary providin8 refreshment support to sponsored walks and the fun run. As a result of our interaction with Rotary they invited Knightswood to become a corporate member which were pleased to accept and we remain grateful for their continued support. The trustees arranged and ran a charity ball at the Royal Corinthian yacht club: this allowed the board to recognise those firmslindividuals who provide regular financial support throughout the year. It 3150 gave an opportunity to publicise Knightswood to the wider local community. The event was very well supported and it was clear how important the Centre was to the wider community. We have a150 been assisted by other 8roups and corporate bodies: the Lions club offered assistance, Ford Motor group sent a team who kindly decorated areas of the centre and 81ackwater Quay ran a sponsored raft race. There are also many families who have remembered Knightswood and donated generously. We were also presented with a substantial cheque from Burham rugby club following their Christmas sleigh run in the community. We are thankful for the kindness and generosity of groups and individuals alike. Considering the fund raising and donations we have put in place a separate account so that
those funds are specifically used for the purchase of new equipment or improvement of facilities to directly benefit the clients. The hub, a satellite meeting place fof socially isolated groups who are not yet ready for daily care, has continued to grow. Running clubs for those living with dementia and their carers, men's clubs. and general clubs. The hub started to work in tandem with a local church committee as they are able to direct clients to us and vice versa. We are grateful for the support for this service from the national lottery. During the course of the year Charity met with E55ex social services as they were interested in what services we provided. We were able to tell them we provided care from initial stages of help being required through to full daily supportive care. As a result of this meeting, we are pleased to work with Essex social services more closely to improve care of individuals in our community and keep them living independently in their own homes longer. We have made improvements to our specialised dementia unit. Me, Myself and l. creatin8 Sighter larger space and also a small enclosed outside space and seating. Similarly for the day care centre the garden has been mud) improved, non-slip pathways laid. fencing replaced, raised beds and seating repaired and pargetted plaque made. We are also grateful to a local ladies Bridge group for their continued enthusiastic planting and maintenance of the garden. In summary the year began with some significant financial challenges but through proper due diligence with all outgoings and careful planningwe are in a better position. We considerthis has safeguarded the charity forthe community and improved the services which we provide. It has also given us the confidence to future plan possible new sep4ices should they be required. Signed on behalf of the board 26 November 2025 F Mitchell - Trustee