**Charity Registration No. 1084627** **Company Registration No. 03877541 (England and Wales)** ## **THE EMMIE DIXON HOME LIMITED** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2021** ## **THE EMMIE DIXON HOME LIMITED** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|J Hancock| |---|---| ||J A Hughes| ||T Mayman| ||M Heath| ||J White| ||J Brown| ||L Wealleans Smith| |**Secretary**|J Brown| |**Charity number**|1084627| |**Company number**|03877541| |**Registered office**|The Emmie Dixon Home| ||149 Richmond Road| ||Crewe| ||Cheshire| ||United Kingdom| ||CW1 4AX| |**Independent examiner**|Huxley Johnston Ltd| ||Aqua House| ||Hampton Heath Industrial Estate| ||Malpas| ||Cheshire| ||SY14 8LY| |**Bankers**|Barclays Bank Plc| ||Crewe Business Park| ||Lyme Buildings, Westmore Drive| ||Crewe| ||Cheshire| |**Solicitors**|Hibbert, Durrad Moxon| ||144 Nantwich road| ||Crewe| ||Cheshire| ## **THE EMMIE DIXON HOME LIMITED** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 15| ## **THE EMMIE DIXON HOME LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ The Trustees present their report and financial statements for the year ended 31 March 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The Charity's objective as set out in the Memorandum and Articles of Association is the running of a residential home and provision of care and support primarily for individuals with learning difficulties. The charity continues to maintain standards that enable the residents to enjoy life in a happy and caring atmosphere within the home. The policies adopted in furtherance of these objects are set out in the notes to the accounts and there has been no change in these during the year. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Similar to previous years t he priority during the year was to ensure the charity continues to provide a high standard of care for its residents and that its facilities continue to be well maintained in order to meet this high standard. In planning the activities for the year the trustees kept in mind the Charity Commission's guidance on public benefit at the trustee meetings. The residential home is of benefit to the general public in that its residents are well cared for and is available to those in need, subject to agreement between The Home and the sponsor. With only 12 rooms available to residents the places are determined by the manager and the sponsor (Cheshire East Council) and the charity prides itself in having a friendly home environment for its residents. The last Care Quality Commission (CQC) report has deemed the home as good. Details can be found on the CQC website. During August 2021, the CQC gathered information about the home, reviewed it and deemed that the home should retain its "good" status and did not require an external visit. ## **Achievements and performance** The charity achieved its objectives for the year and its main priority for next year is maintaining maximum occupation, continual improvement to the home, the continuation of the high standard of care provided by all our staff and the absolute priority of safeguarding our residents as COVID 19 continues. ## **Financial review** The results of the Charity's activities are shown in the statement of financial activities on page 5 and these results show net incoming resources for the year of £ 47,556 (20 20 £ 59 , 442 ). General fees received during the year have decreased slightly compared to the previous year to £ 445,147 (20 20 £ 466,883 ). It is the policy aim of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The unrestricted funds that are not not tied up in tangible fixed assets are £ 154,247 (20 20 £ 112,142 ). Ideally, t he Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities albeit only in the very short term while consideration is given to ways in which additional funds may be raised. Th e level of reserves have increased during the year, however the Trustees remains mindful that employment costs will continue to increase during 202 1 and in future years as a result of changes in minimum wage legislation. - 1 - ## **THE EMMIE DIXON HOME LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The key controls used by the charity include: - Formal agendas for all Board activity; - Strategic planning and budgeting and financial forecasting; - Established organisational structure and lines of reporting; - Formal written policies; - Clear authorisation and approval levels; and - Vetting procedures as required by law for the protection of the vulnerable. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed. The main priority for next year is to continue to provide a high standard of care and support for the residents within the home while ensuring the charity operates economically, efficiently and effectively and continues to achieve a "good" CQC report. This can only be achieved by our excellent staff and sound financial management. Currently, our home has one vacancy however, i t is widely accepted that demand within the County for accommodation such as we provide exceeds supply. We continue to develop our 3 year financial strategy / fee structure. The strategy considers estimates of all known expenditure increases and calculates the fee structure based upon those estimates up to 202 2 . We endeavour to increase our level of reserves in order to protect ourselves from unforeseen risks (spikes in expenditure, the loss of residents, the uncertainly concerning the future level of the minimum wage and the threat of losing residents). Our strategy factors in the above to some extent but cannot be accurately predicted, neither can any uplift in fees from our sponsor! ## **Structure, governance and management** The Charity is a company limited by guarantee and was originally formed as Crewe and District Spastics Society on 16 October 1953. The Charity was formed into a limited company, Crewe and District Spastics Society Limited on 15 November 1999 and its name was changed to The Emmie Dixon Home Limited on 18 July 2000. The company is a registered charity, number 1084627 (affiliated to Scope) and is registered under the company registered number 3877541. The charity is governed by its Memorandum and Articles of Association dated 16 October 1953 and updated 4 November 1999. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: J Hancock R Stafford (Resigned 8 October 2021) J A Hughes T Mayman M Heath J White J Bryan (Resigned 8 October 2021) J Brown L Wealleans Smith The directors are also the trustees of the charity and these are appointed by a trustees meeting and they hold office for a period of three years and are then subject to re-election. None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. - 2 - ## **THE EMMIE DIXON HOME LIMITED** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ Prior to the Covid 19 pandemic the trustees all of whom are directors, meet on a bi-monthly basis. The day to day management of the charity is delegated to the Home Manager and the finance function is performed by John Hancock (trustee). All income and expenditure is subject to approval at a trustees meeting. The trustees' r eport was approved by the Board of Trustees. **J Hancock** Trustee Dated: 11 October 2021 - 3 - ## **THE EMMIE DIXON HOME LIMITED** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EMMIE DIXON HOME LIMITED** I report to the Trustees on my examination of the financial statements of The Emmie Dixon Home Limited (the Charity) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or - 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 statements to be reached. ## **Diane Johnston F.C.A Huxley Johnston Ltd Chartered Certified Accountants** Aqua House Hampton Heath Industrial Estate Malpas Cheshire SY14 8LY Dated: 11 October 2021 - 4 - ## **THE EMMIE DIXON HOME LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_ |**Unrestricted**
**funds**
**2021**
**Notes**
**£**
**Income from:**
Donations and legacies
**3**
33,757
Charitable activities
**4**
445,147
Investments
**5**
48
**Total income**
478,952
**Expenditure on:**
Charitable activities
**6**
431,396
**Net income for the year/**
**Net movement in funds**
47,556
Fund balances at 1 April 2020
207,717
**Fund balances at 31 March 2021**
255,273|Total
2020
**£**
3,630
466,883
91
470,604
411,162
59,442
148,275
207,717| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 5 - ## **THE EMMIE DIXON HOME LIMITED** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2021**_ |**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2021**
**£**
33,658
132,693
166,351
(12,104)|**£**
101,026
154,247
255,273
255,273
255,273|**2020**
**£**
31,652
89,665
121,317
(9,175)|**£**
95,575
112,142
207,717
207,717
207,717| |---|---|---|---|---| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021. The Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 11 October 2021 J Hancock **Trustee** ## **Company Registration No. 03877541** - 6 - **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** ## **Charity information** The Emmie Dixon Home Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Emmie Dixon Home, 149 Richmond Road, Crewe, Cheshire, CW1 4AX, United Kingdom. ## **1.1 Accounting convention** The accounts have been prepared in accordance with the Charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling , which is the functional currency of the Charity. Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity. ## **1.4 Incoming resources** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 7 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** **(Continued)** Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. ## **1.5 Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be reclaimed, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its objectives. It includes both costs that can be allocated directly to such activities and the costs of an indirect nature necessary to support them. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources. Support costs are those costs incurred directly in support of expenditure on the objects of the company. Governance costs include those costs associated with administering the charity and meeting the constitutional and statutory requirements of the charity and include the independent examination fee for the charity. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attached are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment but not accrued as expenditure. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings Over remaining lease term (12 years) Fixtures, fittings & equipment 15% on written down value The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year. ## **1.7 Impairment of fixed assets** At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) . Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired. ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. - 8 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** **(Continued)** ## **1.9 Financial instruments** The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Financial assets classified as other financial assets are stated at fair value with any gains or losses arising on remeasurement recognised in profit or loss. The net gain or loss recognised in profit or loss includes any dividend or interest earned on the financial asset. ## _**Other financial assets**_ Financial assets with fixed or determinable payments and fixed maturity dates that the Charity has the positive intent and ability to hold to maturity are classified as held to maturity investments. Held to maturity investments are measured at amortised cost using the effective interest method less any impairment, with revenue recognised on an effective yield basis. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating the interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying amount on initial recognition. ## _**Impairment of financial assets**_ Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in net income/(expenditure) for the year. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in net income/(expenditure) for the year. ## _**Derecognition of financial assets**_ Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. - 9 - **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **1 Accounting policies** ## **(Continued)** ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Other financial liabilities**_ Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are s ubsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in or in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **1.12 Fund accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through terms of an appeal Designated funds are general funds which have been set aside by the Trustees at their discretion for a specific purpose. - 10 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **2 Critical accounting estimates and judgements** In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations and legacies** |**Unrestricted**
**funds**
**2021**
**£**
Donations and gifts
4,310
Government grants received
29,447
33,757|Total
2020
£
3,630
-
3,630| |---|---| ## **4 Charitable activities** ||**Home**|Home income| |---|---|---| ||**income**|| ||**2021**|2020| ||**£**|£| |Fee income|445,147|466,883| ## **5 Investments** ||**Unrestricted**|Total| |---|---|---| ||**funds**|| ||**2021**|2020| ||**£**|£| |Interest receivable|48|91| - 11 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **6 Charitable activities** ||||**Charitable**|**Charitable**| |---|---|---|---|---| ||||**activities**|**activities**| ||||**2021**|**2020**| ||||**£**|**£**| |Staff costs|||265,482|280,793| |Depreciation and impairment|||11,221|9,792| |Professional fees|||4,214|4,148| |Repairs and maintenance|||38,223|12,486| |Cost of meals and maintenance of residents|||18,065|13,855| |Motor expenses|||3,057|94| |Lighting and heating|||9,052|9,346| |Rates and insurance|||9,726|11,434| |Cleaning and laundry|||8,830|10,077| |Printing, postage, stationery and advertising|||1,548|2,782| |Telephone and mobile phone|||11,878|9,621| |Bank charges|||326|451| |Registration fees and sundry expenses|||4,439|5,476| |Leasing and hire of equipment|||11,282|7,707| ||||397,343|378,062| |Share of support costs (see note 7)|||33,313|32,360| |Share of governance costs (see note 7)|||740|740| ||||431,396|411,162| |**Support costs**||||| ||**Support**|
**Governance**|**2021**|2020| ||**costs**|
**costs**||| ||**£**|
**£**|**£**|£| |Staff costs|31,410|
-|31,410|30,400| |Professional fees|1,903|
-|1,903|1,960| |Audit fees|-|
740|740|740| ||33,313|
740|34,053|33,100| |Analysed between||||| |Charitable activities|33,313|
740|34,053|33,100| ## **7 Support costs** Governance costs includes payments for independent examination fees of £ 740 ( 2020: £ 740 ) - 12 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **8 Trustees** The trustees have not been reimbursed any expenses this year (2020- 3 were reimbursed £750). Two trustees received remuneration during the year Mr J Hancock received £2 4 , 410 (2020: £26,250) and Mr J Brown received £7,000 (2020: £4,150). During the year the charity made payments in respect of the trustees personal telephone bills which were, in total, £960 (2020 £1,262 ). These payments were agreed by all of the trustees at the general meetings. ## **9 Employees** ## **Number of employees** The average monthly number of employees during the year was: |Running of home
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**Number**
16
**2021**
**£**
277,688
15,654
3,550
296,892|**2020**
**Number**
16
**2020**
**£**
295,569
12,992
2,632
311,193| |---|---|---| There were no employees whose annual remuneration was £60,000 or more. ## **10 Taxation** As a charity, The Emmie Dixon Home Limited is exempt from tax on income and gains falling within Section 505 of the Income and Corporation Taxes Act 1988 and Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. - 13 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **11 Tangible fixed assets** |**Cost**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation and impairment**
At 1 April 2020
Depreciation charged in the year
At 31 March 2021
**Carrying amount**
At 31 March 2021
At 31 March 2020|**Land and**
**buildings**
**Fixtures,**
**fittings &**
**equipment**
**£**
**£**
153,406
108,174
8,352
8,320
161,758
116,494
77,458
88,547
7,025
4,196
84,483
92,743
77,275
23,751
75,948
19,627|**Total**
**£**
261,580
16,672
278,252
166,005
11,221
177,226
101,026
95,575| |---|---|---| The title deeds to the property at 149 Richmond Road, Crewe are in the name of Scope purchased under a conyeyance dated 14th September 1954. The cost of this property as shown above, includes substantial alterations and improvements made over the years which have been paid for by the charity. The trustees have negotiated with Scope a 35 year lease at a nominal rent of £1 per annum. There are currently 12 years remaining on the lease. ## **12 Debtors** |**Amounts falling due within one year:**
Trade debtors
**13**
**Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals and deferred income|**2021**
**£**
33,658
**2021**
**£**
7,255
1,260
3,589
12,104|**2020**
**£**
31,652
**2020**
**£**
4,484
1,194
3,497
9,175| |---|---|---| - 14 - ## **THE EMMIE DIXON HOME LIMITED** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ ## **14 Related party transactions** ## **Remuneration of key management personnel** The remuneration of key management personnel is as follows. ||**2021**|**2020**| |---|---|---| ||**£**|**£**| |Aggregate compensation|31,410|30,400| - 15 -