Charity Registration No. l 086393 Company Regi5tratlon No. 04055338 (England and Wales) LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr N Henry Mr M Blane Mr B Miller Chlef Executive Mr N Taylor Company Secretary r B Shine Charity number 1086393 (Erkgland arbd Wales) Company number 04055338 {England and Wales) Principal address Unit 506, Cencennial Park, Centennial Avenue, Elstree, Borehamwood WD6 3FG Registered Office Unit 506, Centennial Park, Centennial Avenue. Elstree, Borehamwood WD6 3FG Auditor Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Bankers Lloyds TSB 7 Floor 40 Spring Gardens Manchester M2 IEN
LANGDON COMMUNITY (A COMPANY LIMITED BY GUA ANTEE) CONTENTS Page Trustees, Annual Report Independent audicor's report Statement of financial acuvities Balance sheet 10 Staternent of cashflows Notes to the accounts 12-20
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Charity information The Trustees present their annual report 2nd the Iinancial statements for the year ended 31 December 2022. The accouTrts have been prepared in accordance with the accounting policies set out in note I to The accounts and comply with Langdon Comrnunity's Memorandum and Articles of Association. the Companies Act 2006, the Charities Act 2011 and the Charitie5 SORP IFRS102). Reference and administrative details Langdon Community is a regiscered charicy INO. 10863931 and a company limited by guarantee and not having share capital (No. 040553381 che registered office is as shown on the legal and administrative information page. The Truscees on the date of this report are as follows=_ Mr N Henry Chairman Mr M Blane Mr B Miller The currenc Truscees have che power co remove and appoint Trustees, Is does The Langdon Foundation. There is a minimum of 3 and a maximum number of l O Trustees who may be appointed ¢0 the Board. The Management Team of the Charity is.. Mr N Taylor Mrs H Sowa Ms N Ramgutty Ms C Rayner Chlef Executive Director of Operatlons Registered Manager - Supported Limng Edgware18orehamwood Registered Manager- Supported Living Manchestsr The work of Community is supported by the Langdon Group.. Mr B C Shine Mrs S Pollins Mr D lohn50n-Clarke Mrs E Russell Finance Director & Cornpany Secretary Director ol Fundraising & Marl<eting Head of Housing & Facilities Management HR Manager The external advisers of Langdon Community are as set out on the legal and administrative information page. Structurep governance and management Langdon Community was incorporated and established Memorandum and Articles of Association on 18th August 2000. This was amended in May 2007 and again in March 2011. The Board of Trustees is responsible for the overall governance of Lallgdon Commurkity a5 a charity. Trustees are co. opted by the existing Board of Tru5tee5 or nominated by the Trustee5 of The Langdon Foundation. Individual Trustees may remain Board Members urbtil death, resignation or by unanimous vote of the Board to terrninate 2 Member's membership of the Company. There are no individual subscriptions or other sums payable by Members. In 2022, Langdon announced th2t Langdon 2nd Kisharon {2 charity offering similar services to Langdon} were considering a proposed merger. Consuliations and Due Diligence have taken place and it is planned thac che merger should be effective in 2023. The management of the charity and regulatory cotnpliance is delegaLed to the Chief Executive and an effective partnership exisLS WILh Lhe Chairperson of the Board. The Chief Execuiive repor15 10 Trustees at Board Meetings. The Langdon Foundation has introduced a more organised induction programme which includes a dedicatsd portal containing informition about the history of Langdon, guides on Trustee responsibilities, current strategy, governance documents and Board reports. The Board as a group receive presentatyons on compliance and la$¢ practice ac least annually.
LANGDON COMMUNITY (A COMPANY LIMITED B Y GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Structurep governancè and management (continued) The Trustees revSew management remuneration annually. The above management personnel are remunerated through Langdon Foundauon or Langdon Community. The Langdon Foundation ensures it5 salaries remain competitive in the 18bour market, through conducting an annual pay review, paying individuals in line with Trom)al industry practice and standards. and benchmarking salaries againsc other employers. Langdon determines the pay range lor a vacancy prior to advertising it, following the creation andlor arnendment of a job description and specification. On appointment the starting salary 15 deiermined within that range to be offered to the successful candidate, based on relevant qualifications. experience and any recruitment and retention needs. Senior Leadership salaries are based on the same economic factors specified above, such as qualifications. experience 2nd other factors like Supply and demand. but a spot salary is used on appointment and thereafter the c05t of liwng increase, as appropriate. Corporate governance Processes are in place to ensure that performance is monlcored and that appropriate management inform3tion is prepared and reviewed regularly by both the Chairperson and the Management Board. Specific areas of responsibility are delegated to Trustees covering the main 2reas of operation of the Chancy and in maintaining the Charitable Object5 of ihe organisation. System5 of internal control are designed to provide reasonable assurance wSnst material mis5tatetnent or loss. They include= an annual budget approved by the Trustees., regular consideration by the Trustees of general budget performance delegation of day-to-day management and regulatory compliance authority: and identification and management of risks. Objective5, activities. achievement$ and performance Langdon Community's declared objectives are.. "The relief of individuals with special educational needs or mental illness and other associated difficulties including by the provision of education and through the provision ol support to their families and152ve for purposes incidental and ancillary to those objec¢51, no ocher purposes. The Charity shall be established in accordance with the tenets of the Jewish religion" The Langdon Community mission statsment is: 'Langdon Community seeks to provide support to enable young Jewish adults with learning dilficultiesldi5abilities to determine and maiiitain a lilestyle ol their own choosing which affords dignity. lulfiltnent and individual statu5 and maximi5e5 thtsir potential for independence in Ihe wider communicy" "The Community seeks to empower and enable people to enjoy lifestyles, which are age, culture and needs appropri2te" The princip21 actiwties of Langdon Community are to achieve these objects through the delivery ol Supported knving Services and an Employment Service. In line with available guidallce the Charity'5 Strategic planning is based on delivering a range of supports and services within the following key area5= Suppori & Care Employmen¢ & Further Education Housing related support jewish Culture Organisational Development
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives. activities. achievements and performance {continued) This year's principal activities, objectives and achievements are provided in the Group's consolidated account& The Langdon Foundauon. The key areas for Langdon Community are summarised below. Our Supported Living service now 5upport5 105 people {102 in 20211 alld we also support 12 people through our Outreach service {12 in 2021}- New Chapters is established in Harrow as a social enterprise selling second hand bool(s through.Amazon. Thi5 provides an environment for our people with a learning disability to develop work based skills enabling them to then move work with an employer. Turnover in 2022 was some £8.200 per month Employment Service continue5 to be prowded in addiiion to the 5tatuwry funded Supported Living 5erwce. We are rightly proud of our achievement5'. 17% of people are in paid work and noi in receipt of any Social 5ecuri¢y employment benefits.. others are paid work or in voluntary worl< or vocational training. Only 12Yo ol the people we support are not engaged in employment, volunteering or vocational training. Langdon's Brady Clubs give jewish youth in three different age groups19-11, 12-18 2nd 19 plus) with learning disabilities. the opportunity to meet new people. make friends and have fun. The clubs give young people the opportunity to be involved in che planning of their programmes and give input into the rnnning of cheir youth groups. Langdon Community continues to arrange and support people on self-fuTrded vaotions. Financial review. management policies and results for the year The Statemenc of Financial Accivities ISOFAI, set out on page 9. shows that Langdon Community had income of £4,405,417 12021.. £4,412,847) ol which £4,555,94112021.. £4,299.8951 was paid out on expenses, leaving a deficit of £150,52412021: surplus of £1 12,9521. Principal $ources of funding Direct care and support of residents is lunded by the respective home Local Authorities for each individual. This constitutes the tnajoriLy of the Charity's income. Other funds are raised by the Langdon Foundation who organise fundraising events and co-ordinate the activities of our supporter5 In the wider community on behalf of the Langdon charities. Langdon does not use professional fundrnisers or involve commercial parcicipators. There have been no complaints about fundraising activity this year. Reserves The view of the Board of Trustees is that Langdon Cornmunity should retain sufficient reseNes to cover 3 months operation of the charity. This was reviewed during the period to reflect turrent Charity Commission guidance. This consideraiion also factors current external threats to lunding so as to maximise service continuity. Our operating income comes from the government. mostly throL*gh contracts for care service5 With Local Authorities. In the event that chese contracts were tsrn)inaced and the income sropped. we would also stop providing the care service5 thereby reducing C05t5. The Trustees Consider thac the charity needs ro hold adequa reserves against the risk that these contracts might cease and has deemed that a minimum of chree months. income is appropria. Based on the budget for the year ending 31 December 2023 this would amount to e£l,164,000. Reserves as detailed below currently sarisfy this desired level however these reserves are represented by 3mounts owed by other Group entities Iprimarily Langdon Foundation) and at 31 December 2022 there were not sulficient cash reserYe5 held in other Group entitles co seicle this balance. The Group held reserves of £7.714,623 at 31 December 2022 3nd has a substantial property portfolio valued at tsyer £1 Om that if needed could be used to provide further cash flow subject to obtaining the relevant perrnission from finance providers. At 31 December 2022, Langdon Community had unrestricted balance sheet fixa assets and net liquid assets of £1,911,009 (2021.. £1,793,513), with liabilities due of £569.591 12021.. £301,573), leaving the total financial reserves at £1,341,41712021.. £1.491,9411. The chariry had a free reserve of £1,283,66412021: £1,337,604 after allowing for £41213 restricted reserves12021.. £122,941 l and £15,541 12021.. £31,397) of tangible fixed asseig. The Langdon Foundation has issued a letter ol support to the charity. The Charity is part of the wider Langdon Group and operates as an integral part of the charitable Group.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Investment policy and performance The present investment policy is that Langdon Community doe5 not hold sha$ or investments. Grant making policy Langdon Community has within its Articles of Association che ability to fflake grants and during the ye8r no applications were received. Staff training and career development Langdon Community is committed to the trainillg. career development and welfare of its employees. An indiwdual's career development IS 2sse5sed through annual appraisal and supervision. Training programmes are provided to meet ongoing needs, with the aim of developing employees for both their current and their future roles. The training strategy and plan is based on Langdon Communi¢y's organisational objecuves and the requirements ol the wider Langdon Group. Futurè plans Langdon's Strategic plan is to achieve growch. Commissioners, Assistant Directors and Social Service Team Managers are being contscted in local authorities in our target areas of Norih London, Henfordshire, Salford and Bury. Langdon aim5 to work with the local au¢horitie5 to develop flexible seNce5 to meet the eedS of eich authority. This approach could include partnerships wiih Housing Associations, Outreach servlces or Employment service5. Inluatives for new preventative service5 as required by the Care Act 2014 have been developed for specific local authorities. Connected charities Langdon Community is connected to three charitie5, these being The Langdon Foundation. Langdon Housing and Langdon College, which are all regstered with the Charity Commission. The Langdon Foundation raises lunds and provides finance to Langdon Colleg< Langdon Housing and Langdon CommuniLy. Langdon Community operate5 30% of its operational services from freehold premises owned and let to members by The Langdon Foundation. The Langdon Foundation ha5 the right to appoint and remove trustees of Langdon College, Langdon Housing and Langdon CommuniLy. Public benefit The Trustees have complied with their ducy in Section 17 of the Charities Att 2011 to have due regard to the guidance published by the Charity Commission. The benefirto the public is manifestly demonstrated by the achievements contained in this report. all of which seeks to extend and improve the Ca of young people whose life chances. 35pirations and contributions to society will be enhanced a5 a resulL Risk management Risks are identified and assessed at an operncional, project and corporace level, against the agreed aim5 and objectives ol the Chariiy. We have identified 2 significant rislcs that face che charity. The maintenance ol financial stability is at risli as the Charity's income is primarily in the form of care packages which are being squeezed by current government policy. We regularly review our cash p051tion and forecast and the Group has a borrowing facility in place. We have a robust budgeting process and a re-forecasting excle. There is a risk that our quality of service may lall and affect the safety and wellbeing ol the people we support. We have a rigorous ongoing training program and regular review with care staff to ensure that our people and processe5 are working efleccively. Wage inflation is a noted risk and 5UPPOrt seen In early 2023 from several Local Authorities ha5 gNen some early protection in this regard.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Disclosure of information to auditor5 Each of the Trustees has confirmed that there is no information of which chey are aware which is relevant to the audlt, but of whieh the auditor is unaware. They have each further confirmed that they have each taken approprlate steps to identify such relevant information and to es¢ablish that che auditors are aware of such information. Tru5tees' re$pon5ibilities in relation to the financial statements The Charity's Trustees (who are also the directors ol Langdon Community for the purpose5 of company law} are responsible for preparing a trustees, annu21 report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unld Kingdom Generilly Acceptsd Accounting Practice) including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requi the Charity Trustees to prepare financi scaiemencs for each yearwhich give a true and fair eW of the state of affairs of the charitable company 3nd of the incoming SOurceS and application ol resources, including the income and expenditure, of the charitable company forthat period. In preparing the financial statements, the trustees are required ¢0.. selert suitable accounting poliaes and then apply them consistentlyi observe the methods and principles in the Charities SORP {Statemen¢ of Recommended Practice)., make judgements and estimates that are reasonable and prudent., state wherher applicable UK accounting standards have been followed, subject to any macerial departures disclosed and explained in the financial statements., prepare the financi21 statemenrs on the going concern basis unless It Is inappropriats to presume that the Charity will continue in business. The crustees are responsible for keeping proper accountlng records that disclose with reasonable accuracy at any time the financial p051tion of the Charity and to enable them to ensure that the financial stacements comply WiLh the Companies Act 2006 and the Charity's constitution. They are also responsible for safeguarding the assecs ol che Chariiy and the group and hence taking reasonable steps lor the preVenOn and detection of frnud and other irregularle$. This report has been prepared in accordance with the special PrO$10n$ of the Companies Act 2006 relating to small companies. On behalf of the board of Trustees Mr N Henry Chairman of Trustees July 2023
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY Independent Auditor's Report to the Members of Langdon Community Opinlon We have audited the financial statements of Langdon Communlw I'the Charitale company'l for the year et)ded 31 December 2022 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statsments, including significant accounting policies. The fin2nciiI reporring framework that has been applied in their preparation is applicable law and United Kingdom Accoutiting Standards, including Financial Reporting Scandard 102 The Financial Reporting StaThdard applicable in the UK and Republic ol Ireland IUThiced Kingdom Generally A£pied Accounting Practice In our opinion the financi31 statements: glve a true and fair view of the state of the charitable company's affair5 a5 at 31 December 2022 and of the its income and expenditure, for the year chen ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with In¢erna¢ional Standards on Auditing {UKI {ISAs {UK)l and applicable law. Our responsibilities under those standard5 are further described in the Auditor's responsibilities for che audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevanc to our audit ol the financial statements in the UK. including the FRC'5 Ethital Standard. and we hive fulfilled our other eihical responsibilities in accordance with these requirements. We believe that the audit eviden we hive obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to golng concern In auditing the financial starements. we have concluded that the trustee's use ol the going concern basis of accounting in the preparation of the financial Stements 15 approprlate. Based on the woAc we have performed, we have not identified any macerial uncertainties relating to events or condition5 that, individually or collectively, may cast significanc doubt on the charicable company's abiliry co continue as a going concern for a period of at least twelve months from when the financial 5taTrments are iuthorised lor issue. Our responsibilitie5 and che responsibilitie5 of the trustees with respecc to going concern are described in the rdevant settion5 of this report. Other information The trustees are responsible for the other information contained within the annual report. The other information comprise5 the information included in the annual report, orher Ihan the financial statements and our audicor's repor¢ thereon. Our opinion on the financial statements does not cover the other information and. except to the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing $0, consider whether the other inlorrnation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or 3pparent materi31 misstatements, we are required to determine whether this gives rise to a material misstacemeni in the financial 5taLements themselves. 11, based on the worlc we have performed, we conclude chat there is a materia1 misstatement of thi5 Other information. we are required to report that fact. e have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion based on the work undertaken in che covrse of our audit the information given in the tru5tees' report, which includes the direttors. reporc prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consisn¢ with the financial statements.. and the directors, report included within the Irustees. report have been prepared in accordance with applicable legal requirements.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY Matters on which we are required to report by exception In light of the knowledge and vnderstanding of the charitable company and its environrnent obtained in the course of che audit, we have not identified material misstatemenrs in the directors, report included within the trustee5' reporL We have nothing to report in respect of the following matters in rdation to which the Companies Acc 2006 requires us to report to you if, in our opinion.. adequate and proper accounting records have not been kept,. or the financial scatements are not in agreement with the accounting records and returns.. or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information 2nd explanations we require for our audiL or the Irustees were not entitled to Ppare the financial 5tsternent5 in accordance with the small companies regime and take advantage of che small companies, exemption5 in preparing the trustees, directors, report and from the requiremeni to prepare a strntegc report. Responsibilities of trustees As explained rnore lully in the trustees, respon5ibilitie5 Staternent set out on page 5 the trustees (who are also the directors of the charitable company for the purpose5 01 company law} are responsible for the preparation of the financial St3MentS and for bngsatisfIed that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstaremenc, whether due to fraud or error. In preparing the financial statements, the tru5tee5 are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis ol accounting unless the trustees either intend to liquidate the charicable company or co cease Operatio5, or have no realisuc alternative but to do so. Auditor'5 responsibilities for the audit of the financial statements Our objecuves are to obtain reasonable assurance about whether the tinanci31 statement5 as a whole are free from material mi5socernent, whether due to fraud or error, and to issue an iuditor's report that includes our opinion. Reasonable assurance is a high level of assurdnce, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will alwiys detect a material misstttement when it exists. Missta¢emeTh¢s can arise from fraud or error and are considered matsrial il, individually or in the aggregats. they could reasonably be expetted to influence che economic decisions of users taken on the basis of these financial statemencs. Details of the extent to which the audit W35 considered capable of detecting irregularities, including fraud and non- comlance with laws and regulations are set out below. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporung Council's website at.. www.frc.o .ukla ditorsre5 onsibilities. This description forms part of our auditor's report. Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud. are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements (rom irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive co those risk% including obtaining audit evidence sufficient and appropriate to provide a basi5 for our opinion. We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates. focusing on those13ws and regulations that have a direct ellect on the determination of materi21 amounts 2nd disclosures in the linancial statements. The law5 and regulations we considered in this context were the Companies Act 2006, the Charities Act 2011 together with the Charities SORP IFRS 1021- We assessed the required compliance wilh these laws and regularions as part ol our audit procedures on the relaced financial $tement items. In addition, we considered provisions of other laws and regulations chat do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company's abili¢y to operate or to avoid a material penalty. We also considered the opportunityes and incentives that may exisi within the chariiable company lor fraud. The laws and regulations we considered in this context for the UK operaiions were General Data Proteccion Regulation {GDPRI, health and safety legislation, employment legislation, tax legisladon, and CQC Regulations for servicè providers and rnanagers.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY Auditing standards limit the required audic procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other managemenc and inspection ol regulatory and legal correspondence, if any. We identified the greatest risk of material impact on the financial statements from irregularities, including frnud, to be within income recognityon, and the override of controls by managemenL Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities. sample testing on the posting ol journals, reviewing accounting estimates for biases. reviewing regulatory correspondence wilh the Charity Commission. and reading minutes of meeting5 of those charged with govern3Trce. Owing co the inherent limitations of 2n audit, there is an unavoidable risk that we may not have detected some material misstaMentS in the financial statements, even though we have properly planned and performed our audit in accordance with audicing standards. For example. the fijrther removed non-compliante with laws and regLJlations lirregularitiesl is from the events and transactions reflected in the financial statement5, the less likely the inherently litnited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher ris1< of non- detection of irregularitie5. as these may involve collusion, forgeryi intentional omissions. misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detett non-compliance wiih all laws alld regu13tions. Use of our report This report is made solely to the charitsble company's members, as a body, in accordance with chaPr 3 of Part 16 of the Companies Act 2006. Our audic work has been undertaken so that we might staTr co the charicable company's members those matters we are required to state to them in an audiror's report and for no other purpose. To the fullest extent permitted by law, we do not aceept or assume respon5ibiliry to anyone other than the charitible company and the charitable company's members as a body, lor our audit work. for this repor¢ or lor Ihe opinions we have formed. Tim Redwood Senior Statutory Auditor For and on behalf of Crowe U.K. LLP Statutory Auditor London 27 july 2023
LANGDON COMMUNITY (A COMPANY LIMITED B Y GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Note Unre$trieted fund5 Restricted funds Total funds Total funds 2021 2022 Income from: Donations 251,639 251.639 180,533 Charitable activities 4,114,319 39,459 4,153,778 4,232.314 Investment ineome Total income 4.114.319 291098 4,405,417 4.412.847 Expenditure on: Charitible activities.. Supporced living arrangements 4,027,725 528.216 4,555,941 4,299,895 Total expenditure 4.027.725 528,216 4,555,941 4,299,895 Net Incomel (expenditure) 86.594 (237,118) (150,524) 112.952 Transfers between funds {156,390) 156,390 Net movement in funds (69,796) (80,728) (150,524) 112,952 Reconciliation of fund5'. Total funds brovght forward .369,001 122,941 1.491.942 1.378.990 Total funds carried for•vard 17.18 1,299,205 42,213 1.341.418 1,491,942 The statement of financial activities includes all galns and losses recognised in the year. All income and expendicurè derive from coniinuing aciivitles. The staiemenc of financial attivities also complies with the requirements for an income and expénditure account under the Companies Act 2006.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 DECEMBER 2022 Company registration number 04055338 (England and Wales) Note 2022 2021 Fixed assets: Tangible assets 15.541 31,397 Current assets: Debtors Cash at bank and in hand 15 1,736,803 158,665 1,683.445 78.672 Total Current assets 1,895.468 1,762.117 Liabllities: Creditor5: Amounts falling due within one 16 {569,591) {301,5ni Net current assets 1.325,877 1,460,545 Total net assets 1.341,418 1,491.942 The funds of the Charity: Restricted funds Unrestricted funds 17 42.213 1,299.205 1,341,418 122,941 1,369.001 Total funds 18 1,491,942 The financial statements have been prepared in accordan with the special promsions of the Companies Att relating to small companies. The notes at pages 12 to 20 form part of these accounts. Mr N Henry Trustee Approved and authorised for issue by the trustees on2¥July 2023
LAN(lJDON COMMUNITY (A CO.IAPANY LIMITED B Y GUARANTEE) STATEMI.NT OF CASHFLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 Note 2022 2021 Net ea5h provided byl(used in) operating activities 20 85.344 {191,467) Cash flows from investing activlties: Interesi received Purchase of tangible fixed assets (5,352) {6.959) Net cash (used In) Inv65ting activities 5,352 6.959 Change In cash and cash equivalents ill the reporting period 79.992 198,426 Cash and cash equivalents at the beginning of the reporting period 78.673 277,099 Cash and cash equivalents at the end of thè rèporting period 158.66S 78,673
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting Policies The principal accounting policie5 adopted. judgetnents and key sources of estimation uncertainty in the preparation of the financial st3tements are as follows.. l. l Basis of preparation The financial staternencs have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their aceounts in accordance with the Flnancial Reporting Srand3rd applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Acc 2006. The Charity meets the definition of a public benefit entity under FRS 101 Assets and liabilities are initially recognised at historical cost or transaction value unles5 OLherwise stated in the relevant ae£ounting policy. 1.2 Preparation of the account5 on a going concern basis The accounts have been prepared on a going concern basis and the trustees believe the to be no material uncertainties abouc the Charicy's ability to continue as a going concern when taking accourbc of the supporc given and che funds raised by the parent charityj the Langdon Fourndation. A letter ol support has been provided by the Langdon Foundation covering the period to 31" December 2023. 1.3 Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to Ihe item{51 of income have been mé4 it is probable that the income will be received and the amount can be meL5ured reliably. Income from government or other grants, whether'capitsl" grants or'revenue, grants is recognised when the Charity has entiilement to che funds, any performance condityons attached to the grants hive been met. it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income rec*ved for the provision of care is recognised in the period in which c3re Is provided. Investment income is accounted for when receivable. 1.4 Expendlture Expenditure 15 recognised on an accruals basis as a liability is incurred. Expenditure ineludes any VAT which cannot be lully recovered, and is reporTrd as pari of the expenditure to which it relate5. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and serwces for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to 5UPPOrt them. Governance cosu include those costs associated with meeting the constltution21 and statutory requirements of the chariry and include the audit lees and costs linked to the stratsgic management of the Charity. All costs are allocatsd to the one charitable activity.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting Policies (Continued) 1.5 Tangible fixed a55ets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciacion is provided at rate5 calculated to write off the cosi les5 escimated residual value of each asset over irs expected useful life, as follows.. Leasehold improvements Computer equipment Fixtures. fittings & equipment Motor vehicles 18% Straight line 33% straight line 25% straight line 25% siraight line Single items OF equipment with a value less than £ 1.000 have not been capitali5ed. The policy with respect to impairment reviews ol fixed assets is that these assets are inspected regularly for any impairment 2nd any defett remedied so as to maintain the c¢Jrrent value. 1.6 D$btors Trade and other debtors are recognised at the settlement amount due after any trade discount offered and provision for bid and doubtful debts. Prepayments are valued at che amount prepaid net of any trade discounts due. 1.7 Cash at bank and in hand Cash at bank 2nd cash in hand includes cash and shorc-term hi8hly liquid investment5 Wlth a short maturitrl of three months or less from the date of acquisition or opening of che dep051t or similar account. 1.8 Creditors and provisions Creditors and provisions are recognised where the Charlty has t present obligation resulting from a past event that will probably result in the cransler of funds to 3 third party and the amount due to settle the obligation can be measured or escimaced reliably. Creditors and provisions are normaily recognised at their setdement amount aftsr allowing for any trade discounts due. 1.9 Financial instruments The Charity only ha5 financial assets and liabilities of a l<ind that qualify 35 basic financi21 instruments. Basic financial instrurnent5 are inicially recogni5ed at transaction value and subsequendy measured at their setdement value. 1.] O Pensions Langdon Communlty operates defined-contribution scheme5. The amount charged to the SOFA in respect of pension costs and other post-retirernent benefit5 15 the contributions payable in the period. 1.1 l Operating leases Ren¢als payable under operating leases are charged against income on a straight line basis over the period ol the lease. 1.12 Fund accounting Unrestricted funds are available for use at the discreEion of the Trustees in furtherance of the general objectives of the charity. Restricted funds represent income received which is allocated by the donor to a specific project. The resiriccions are binding on the TrusLee5 of the Charity.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 1.13 Critical accounting estimates and areas of judgement In the application of the Charity's accounting policies. Trusteés are required to make judgements, estimates. and assumptions about the carrying value5 01 assets and liabilities that are not readily apparent from other sources. The estimatrs and underlying assumptions are based on historical experience and ocher factors that are considered to be relevant. Actual restslts may differ from Ihese estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to iccounting estimate5 are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of che revision and fucure periods if the revision affects Ihe current and future period5. In the view of the Trustees, no assumptions concerning the future or estirnation uncertainty affecting assets and liabilities at the balance sheet date are likely to re5ulc in a material adjustment to their carrying amounts in the next financial year. 2 Legal statu5 of the Charity Langdon Community is a registered charity (No. 1086393) and a company limited by guarantee and not having share capital {No. 040553381 the registered office is Unit 506, Centennial Park, Centennial Avenue, Elstree, Borehamwood WD6 3FG The Charity 15 incorporated in England & Wales and does not have Share capital and is limited by guarantee. In the event of the company being wound up, the maximum amount which each member is liable ¢0 pay is £1 O. 3 Income from donations Unrestricted funds Restricted funds Total funds Total funds 2022 2021 Grants and donations 251.639 251,639 180,533 Donations relating to unrestricted funds were £nil P021.. £nill. Grants relating to restricted funds were £252,465 {2021.. £180,533). The grants were from The Langdon Foundation for community projeets including employmenL New Chapters, Brady Club and member activities. Income from charitable activities Unrestricted funds Restricted funds Total funds Total funds 2022 2021 Provision of care and associated income 4,114,319 39.459 4,153,778 4.232,314 Income for provision of care ind associad ac¢ivi¢ies was £4,085,945 unrestricted and £146.369 restricted in 2021.
LANGDON COMMUNITY (A COMPANY LIMITED B Y GUARANTEE) NOTES TO THE ACCOUNTS FCSR THE YEAR ENDED 31 DECEMBER 2022 Investment income 2022 2021 Interest receivable Any515 of expenditure Total 2022 Total 2021 Supported Ilwng St2ff costs Motor and travel Rent Costs recoverable from residents Office expenses Other direct cosis Governante costs (see note 71 Depreciation 3,771,390 3,741,392 16,387 11,958 77,767 98,845 45,349 20,318 15,093 24,646 601.175 361,229 7.573 9.321 21,207 31186 4.555,941 4,299.895 Expenditure on charitthle activities was £4,555,941 {2021: £4,299.895} of which £4.027,725 was unrestricted {2021: £3.736.640} and £528.216 was re5tricted12021.. £563,255). Analysis OC governance costs The Charity initially identifie5 the costs of its support funttions. It then identifie5 those cost5 which relace to the governance function. Hiving idencified ics govemance costs, the remaining support costs together with the governance costs are all allocated against the one charitable acuvicy. Some suppor¢ functions including finance and HR are m3naged and funded directly by The Langdon Foundacion. Audit fee is allocated equally across all lour group companies. 2022 2021 Audit Bank charges 5,024 2,549 4420 2901 7,573 9,321 Net expenditure for the year This is stated alter chargiTr¥. 2022 2021 Depreciation Audicor's remuneration Operating lease rentsls - properry 21,207 5,024 77,767 32,186 6,420 98,845
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2012 Analysis of $taff costs, trustee remuneration and expenses, and the cost of key management personnel 2022 2021 Wages and Salaries Social security cost5 Pension 3.388,580 307,661 75,149 3,379.061 288,409 73.922 3.771.390 3,741,392 The number of employees having benefits in excess of £60.000 were 2022 Number 2021 Number £70.000- £80,000 Thi5 employee had retirement benefit costs accruing under a defined contribution pension scherne of £5,912 (2021- £5,749) In the period. The key manement personnel of the Charity comprise the senior management team as detailed on page l of the trustees, report. The to(al payments madv by the charity in respect of the senior management team who are employed direcdy by the Charity were £182,15112021.. £187,517}. The remunerdtion of some key management personnel is through Langdon Foundation. Ex gratia termination paymencs of £nil were piid during the year12021- £1,220) None of the Trustees lor any persons connected with them) received any remunerition during che year (2021.. nil) and none of them were reimbursed for expenses during the year12021: nill. l O Staff Numbers The average rybonchly number of employees during the year was as follow& 2022 Number 2021 Number Care 5upporc staff Management and administrative staff 150 134 24 164 158 Total I I Pension and other post-retirement benefit commitments Langdon Community operatss two defined-contribucion schemes. The Chariry contributss towards the L3ngdoTh Group Schemes run by Nest and Aegon which are defined contribution schemes. The a55ets of che schemes are held Separately from those ol the Charicy in independendy administered funds. The pension tost charge represents contributions payable by the Charity to the funds. Contributions payable during the year were £75,149 (2021.. £73,9221- The expense has been allocated to unrestricted expenditure on the same basis as wages and salaries. 16-
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 12 Related party transactions The charity is connected to The Langdon Foundation (registered charity number.. 1142742, regIsted company number.. 076217141, Langdon College {registered charity number.. 1088936. registered company number.. 41044661 and Langdtsn Housing (registered charity number.. 114743, registered company number= 076232461, all ol which are incorporated charitable companies registered in England and Wale5 that do not have share capital and are limited by guarantee. At the year end. the charitable company had a debtor of £1,250.656 {2021'. a debtor of £901.829) due from The Langdon Foundation. During the year. Langdon Community was ch2rged £5,70012021.. £5,700) as rent by The Langdon Foundation. Donations of £273,22512021.. I I BO.5331 were received by the Langdon Foundation and paid over to Langdon Community. The* donations are included in Note 17. The remaining debtor related to the costs setded by Langdon Community on behalf of The Langdon Foundation and the bank transfers to meet the cash shortfalls in The Langdon Foundation. At the year end, the charitsble company had a creditor of £31,16712021'. nil) due to Langdon Housing. The ultimate controlling party of Langdon Community is The L2ngdon Foundation (registered charity number.. 1142742, regisiered company number.. 076217141 in whose accounts the resulcs have been con501idated. The Langdon Foundation is considered as the ultimaie holiJin8 company as it 15 the sole member ol Langdon Community Limited. The Langdon Foundation owns propertie5, raise5 funds and give5 donation5 to Langdon College. Langdon Community and Langdon Housing. Consolidated accounts for the Langdon Foundation can be obtained Irom the same registered office as the charity. 13 Corporation tax As a charity. Langdon Community 15 exempt from UK tax on income and gains to the exnt that these are applied to its charitable objects. No UK tix charges have arisen in the Charity, during the year or the previous year.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 14 Tangible fixed assets Leasehold Improvement Computer equipment Fixtures. fittings & equipment Motor vehicles Total Cost., As at I january 2022 Additions 60,001 40,223 5,352 32,131 76.558 208,913 5,352 As at 31 December 2022 60,001 45.575 32,131 76,558 214.265 Depreciation: As at I january 2022 Charge lor year A$ at 31 December 2022 50,003 9.998 39.450 919 32,131 55,933 10,290 177,517 21,207 60,001 40,369 32,131 66.223 198,724 Net book valuÈ A5 31 December 2022 5,206 10,335 15,541 As 31 December 2021 9,998 773 20.625 31,397 All assets are used for charitable purposes. 15 Dèbtors 2022 2021 Trade debtors Amounts owed by group undertakings Other debtors Prepayments and ac£rued income 225,751 1.257,123 34.835 219,094 479.177 901,829 27,332 275.107 1.736,803 1,683,445 16 Creditors: amount5 falling due within one year 2022 2021 Trade creditors Amounts owed to group undertakings Taxation and social security costs Other credi¢ors Accruals 67,191 31,167 340,016 27,429 103,788 28,758 89,931 33.252 149,632 569,591 301,573
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 17 Analysis of charitable funds Analysi5 of movements in restricted fund$ Balance as at I January 2022 Income Expenditure Transfers Funds as at31 December 2022 Brady Club Employrnent & Social Enterprise Arnb35sadors Manchester Mini Bus Activitie5 Infection Control 80.280 46,700 197.939 {91.3041 1330.4961 11,0691 35,676 132,557 1,834 5,772 765 5.772 7,000 39,459 130,8331 74,514 23.833 35,055 122,941 291,098 {528,2161 156,390 42.213 Analysis of movements in restricted funds- prior year Balance 25 Income at l January 2021 Expenditure Transfer5 Fund5 as at31 December 2021 Brady Club Employment & Social Enterprise Ambassadors Manchescer Supported Living Manchester Employmentlsocial Enterprise Manchester Mini Bus Occupational Therapisi Stalf Training Infection Control 23,000 128,034 49,220 170,754} 1324.918} 80,280 275.698 1,834 10,663 1,834 759 111,4221 2,520 12,5201 13681 15,0001 14,0001 144,273 563,255 6,140 5.000 4.000 32.959 83.596 5,772 146,369 326,902 Brady Club offers social activities to younger people with learning difficultie5 in Edgwar Employment & Social Enterprise aids and trains people wirh learning difficulties to find employment. This includes New Chapters which offer5 a safe working environmenc to gain worl< experience. Ambassadors Manchester was created to service the fvndraising activities of the parental group and is earmarked for specific purposes. Supported knving Manchester is our main operation in Manchester and helps bridge the P left by shortlalls in Government funding. Mini 8us funds were raised to purchase and support a new Mini Bus- the minibu5 Wa5 purchased in 2020 Occupational Therapist W3S to fund the employrnenc of an occupational therapist to support our members Staff Training- a donation was received ¢0 support staff training of care staff Infection Control funds were received from Local Auihorities to support additional costs incurred in relation to the Covid19 pandernic 35.055 122.941 275,698 Transfers are made from unrestricted funds to restricted funds to meet a defjcit on those funds.
LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 18 Analysis of net a$$ets between funds Unrestricted Restricted fund$ funds Total Fund baLances at 31 December 2022 are represented by.. Tangible fixed #ssecs Curreni assets Creditor5 of less than one year 15,541 1.853,255 569,591 1299.205 15.541 42,213 1,895.468 569.591 42213 1341.418 Fund balances at 31 December 2021 are repreSted by.. Tangible fixed assets Current assets Creditors of less than one year 31,397 1.639,176 301,572 1.369,(X) I 31,397 1,762,117 301.572 1.491,942 122,941 122.941 19 Commitments under operating leases Land and Buildin85 The future minimum payments under non-cancellable operating leases are.. 2022 2021 Expiry date.. No lar than one year Later than one Ye and not later than five years Later than five years 77.250 77.250 55.532 154.500 55.532 The above commitments are a combination of the propertie5 leased from The Langdon Foundation and third party landlords. 20 Reconciliation of net movement in funds to net cash flow from operating activities 2022 2021 Net movement in funds Add back depreciation charge (Increase) in debtors Increa5ellDecrea5el in creditors (150.524) 21.207 (53.358) 268.019 112.952 32.186 {287,2921 149.313} Net cash provided by operating activities 85.344 1191,4671 21 Post Balance Sheet Event In 2022, Langdon announced that Langdon and Kisharon la charity offering similar services to Langdon) were considering a proposed merger. Consultations and Due Diligence have taken place and the Langdon Foundation Board resolved in july 2023 that the merger should be effective in 2023. -20-