2023-09-30-accounts - The Maytree Respite Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Reference and Administrative Details
Report ofthe Board ofTrustees	2to 5
independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Financial Statements	10-17

Company Number:	Company Number:	04076191 (England	&Wales)	&Wales)	&Wales)
Charity Number:		1087668
Registered	Office:	72 Moray Road
		Finsbury Park
		London
		N4 3LG
Principal Address ofCharity		72 Moray Road
		Finsbury Park
		London
		N4 3LG
Trustees (Directors):
		Michael Knight {Co-Chair)			- Appointed	10Jan 2024
		Judith Knight (Co-Chair) - Appointed				10Jan	2024
		Mary Hogg - Appointed		10Jan 2024
		Eric Farnworth - Appointed			26 Feb 2024
		Stephen Briggs - Appointed			10Jan 2024
		Dr Darren Bull - Appointed			10Jan 2024
Secretary:		Daniel Sonabend
Independent	Examiners	Grant Harrod Lerman		Davis LLP - Chartered			AccoUntants
		1st Floor, Healthaid	House
		Marlborough Hill
		Harrow,
		HA1 1UD
Bankers:		Clydesdale Bank pic
		7 Gold Street
		Northampton
		NN1 1EN

				Unrestricted	Restricted	Total	Total
			Note	Funds	Funds	2023	2022
					R	R	R
Incoine from:
	Donations			78,943		78,943	229,679
	Legacies Grants			176,8OO	3,990	180,790	1,250 116,580
	COVID-19 Investments	Support Grants		5,779		5,779	2,488
Total				261,521	3,990	265,511	349,994
Expenditure on:
	Raising funds Charitable activities		8 B,12	299 575,694	5,200	299 580,894	86,837 593,411
Total				575,993	5,200	581,193	680,248
Net income				(314,472)	(1,210)	~315,682	~330,264
Transfers between funds			12	2,966	2,986
Net movement		in funds		(317,438)	1,756	(315,682)	~330,264
Fund 2022	balance brought forward at 1 October		12	1,134,920	148,228	1,283,148	1,613,402
Fund	balance carried forward at 30
September 2023			12	817,482	149,984	967,466	1,283,148

		Notes	2023	2022
			E	f.
Fixed assets:
Tangible assets			350,277	363,067
Total fixed assets			350,277	363,067
Current assets:
Debtors			13,808	23,443
Cash at bank and in	hand		724,926	915,282
			738,734	938,725
Liabilities:
Creditors: Amounts within one year	falling due	10	~121,545)	(18,644
Net current assets			617,189	920,081
Net assets			967,466	1,283,148
The funds ofthe charity:
Designated Funds		12	853,891	936,067
General Funds		12	(36,409)	198,853
Restricted Funds		12	149,984	148,228
TOTAL FUNDS			967,466	1,283148

							2023	2022
							R	R
Cash flows from operating	activities
Net cash provided by operating activities							(196,137)	(247,279)
Cash flows from investing	activities
Interest from investments							5,779	2,486
Cash flows from financing	activities
Repayments of borrowing
Change in cash and cash	equivalents	in	the	reporting	period		(190,357)	(244,793)
Cash and cash equivalents	at the beginning		of	the reporting		period	915,283	1,160,076
Cash and cash equivalents	atthe end	of	the reporting			period	724,926	915,283
Reconciliation ofnet income/ (expenditure)				to net cash		flow from operating	activities
							2023	2022
Net income forthe reporting period (as per the
statement offinancial activities)							(315,682)	(330,254)
Adjustments for:
Depreciation charges							12,790	12,899
Interest from investments							(5,780)	(2,486)
Decrease/(increase) in debtors							9,634	65,296
Increase/(decrease) in creditors							102,900	7,266
Net cash provided by operating activities							(196,137)	(247,279)

2	VOLUNTARY	INCOME	Unrestricted	Restricted	2023
			Funds	Funds	Total
	2023		F.	E	F
	Donations		78,943		78,943
	Legadas Grants		176,800	3,990	180,790
			255,742	3,990	259,732
			Unrestricted	Restricted	2022
			Funds	Funds	Total
	2022 Donations		R 229,679		229,679
	Legacies		1,250		1,250
	Grants		74,580	42,000	116,580
			305,509	42,000	347,509
3	INVESTMENT	INCOME		2023	2022
				E	E
	Bank Interest			5T79 I	2,486

STAFF COSTS
		2023	2022
		R	R
Salary Provision for pay upliff Redundancy &exgratia payments Social security costs	payments	3T3,675 8,550 16,085 24,T33	442,058 40,346
Temporary Staff Employer Pension contributions		6,0T4	8,314
		429,11B	490,717

EXPENDITURE			Raising	Charitable	Governance	Total
			Funds	Activities	Costs	2023
2023
Salaries and National Insurance				429,116		429,116
Recruitment and training Supervision and volunteer	expenses			5,008 2,913		5,008 2,913
Internet and ITexpenses				35,172		35,172
Household expenses				646		646
Postage and stationery				822		822
Cleaning and repairs				4,447		4,447
Travel expenses
Guest direct expenses, including Rates		food		2,333 962		2,333 962
Telephone Electricity, gas and water Insurance				7,861 3,804 7,985		7,861 3,804 7,985
Sundry expenses Audit and accountancy fees Bank interest and charges				484 4,245 1,276	5,235	484 9,480 1,276
Fundraising costs			299			299
Depreciation				12,791		12,791
Evaluation and Consultancy				336		336
Legal Subscription and membership Director expenses Studio office expenses Promoting Maytree				1,765 23,897 17,204 4,000	8,592	8,592 1,765 23,897 17,204 4,000
			299	567,067	13,827	581,193
Allocation ofgovernance	costs			13,827	(13,827)
Totals			299	58D,894	-	581,193

EXPENDITURE				Raising	Charitable	Governance	Total
				Funds	Activities	Costs	2022
2022
Salaries and National	Insurance			86,281	402,705		488,987
Recruitment and training					42,763		42,763
Supervision and volunteer		expenses			8,157		8,157
Redundancy payments
Internet and ITexpenses					26,986		26,98B
Household expenses					2,808		2,808
Postage and stationery					2,267		2,267
Cleaning and repairs					10,669		10,669
Travel expenses					1,191		1,191
Guest direct expenses,	including		food		4,614		4.814
Rates					840		840
Telephone Electricity, gas and water Insurance					B,837 5,016 8,843		6,837 5,016 8,843
Sundry expenses Audit and accountancy fees Bank interest and charges					2,120 4,343 1,857	11,846	2,120 16,189 1,857
Fundraising costs				556			556
Advertising
Depreciation					12,899		12,899
Adjustment-Depn b/fwd
Loss on disposal offixed		asset
Evaluation and Consultancy					312		312
Legal						10,440	10,440
Subscription and membership					2,054		2,054
Director expenses					4,558		4,558
Studio office expenses					18,465		18,4B5
Outreach set-up and expenses					820		820
				86,837	571 124	22,286	680,248
Allocation ofgovernance		costs			22,286	(22,286)
Totals				86837	593411		880,248

8	TANGIBLE FIXEDASSETS
		Freehold	Office
		property f	Equipment f	Totalf
	Cost or valuation:
	At 1 October 2022	608,805	10,501	619,306
	Additions in year
	Disposals in the year
	At 30September 2023	608805	10,501	619,306
	Depreciation:
	At 1 October 2022	249,834	6,405	256,239
	Disposais
	Charge for the year	12,176	615	12,791
	At 30September 2023	262,010	7,020	269,030
	Net BookValue:
	At 30September 2023	346,795	3,481	350,277
	At 30September 2022	358,971	4,096	363,067
9	DEBTORS		2023f	2022f
	Other debtors - Accounts receivable		4,025	6,990
	Payroll debtor			1,080
	Prepayments and Accrued Income Rent deposit		8,633 1,150	14,224 1,150
			13,808	23,443
10	CREDITORS DUE WITHIN ONE YEAR		2023f	2022f
	Accruals		61,652	12,453
	Trade Creditors		9,056	5,665
	Other creditors		50,836	526
			121,545	18,644

ANALYSIS OF	NET ASSETS BETWEEN F	UNDS
2023		General	Restricted	Designated	Total
		funds	funds	funds
			R		R
Fund balances	at 30September 2023
are represented by: Tangible fixed assets Current assets		85,136	149,984	350,277 503,614	350,277 738,734
Current liabilities		(121,545)			(121,545)
Long term liabilities
TOTALFUNDS		~36,409	149,984	853,891	967,466
Fund balances	at
30September 2022 are represented by:		198,853	148,228	936,067	1,283,148
2022		General	Restricted	Designated	Total
		funds	funds	funds
		R	R	R	R
Fund balances	at 30September 2022
are represented by: Tangible fixed assets Current assets		216,971	148,754	363,067 573,000	363,067 938,725
Current liabilities		(18,118)	(526)		(18,644)
Long term liabilities
TOTAL FUNDS		198,853	148,228	936,067	1,283148
Fund balances	at
30September 2021 are represented by:		287,591	266,845	1,058,966	1,613,402

MOVEMENT IN FUNDS
				At 1				At 30
2023				October	Incoming	Resources		September
				2022f	Resources f	Expended f	Transfers f	2023 f
Restricted funds:
Reserves - Fusema				20,000				20,000
Replication - Bristol				6,'755				6,755
Individual donor - Replication	- London			3,000				3,000
Eleanor Rathbone Charitable	Trust			3,000				3,000
Worshipful Company ofInnholders Kehillah North London				439	1,790			439 1,790
Yintners Foundation					5,200	5,200		0
				33,194	6,990	(5,200)
Manchester Re licatlon
Manchester Salary
Mike Christian - Manchester	replication			2,509	(3,000)		491
Joe &Rosa Frenkel CT -Manchester			replicatio		5,000			5,000
Estate ofBen Judah - Manchester		replication		100,000				100,000
Individual donor - Replication	- Manchester			7,525	(10,000)		2,475
Broome Family Charitable Trust Total Manchester Replication				5,000 115,034	5,000 (3,000)	-	2,966	10,000 115,000
				148,228	3,990	(5,200)	2,966	149,984
Unrestricted funds
General fund				198,853	261,521	(575,993)	79,210	(36,409)
Designated funds - Fixed assets				383,0B7			(12,176)	350,891
Designated funds - Operating	reserve			340,000			{70,000)	270,000
Designated funds - Replication reserve				233,000				233,000
				1,134,920	261,521	(575,993)	(2,966)	817,482
TOTAL FUROB AT 30SEPTEMBER2023				1,203,148	285,511	~581,193		967466
TOTAL FUNDS AT 30SEPTEMBER2022				1,613,402	349,994	880,248	0	1,283,148