REGISTERED COMPANY NUMBER.. 04266500 (England and Wales} REGISTERED CHARrrY NUMBER: 1089471 f the Trustees and Financial S For The Perfod 1st rll 2021 to 30th rnber 2022 tor William Blake House Northan Acom an uaranteo Ch8n8y & Co Statutory Auditor 310 wellingb0ro￿h Road Northampton NN14EP William Blake House No AGOM Irmited b ants contents of the Financral Statements orThe Period 1st A ril 2021 to 30th Se mber 202 Page Rèport of the Trustees Report of the Independent Auditor 7 to 10 Statement of Flnanclal A¢tÉ¥ities Balance Sheet 12 Cash Flow Statsment 13 Notes to the Cash Flow Ststemènt 14 Notes to the FirEanctal Statements 15 to 24 Detailed StatemerEt of Financial Activitles 25 to 26 Wllliam Acom an ake House Northants lÈmlted b aran ort of the Trustees For The Period 1st A ril 2021 to 30th Se ember 2022 The trustees who are also directors of the charity for the wrposes of the Companies Act 2006, present their report witt) the financial stat8fflents of the ch8rity for the peThod 1st April 2021 to 30th September2022_ The trustèes have adopted the proifjsions of Accounting and Reportitu by Charities-. Ststemènt of Rec()mmended Practi* applicable to charEbe5 preparing their accounts in accordance wth the Fin2llL¥al Reporting St8ndarrganlsatit￿. The Chartty wishes to dgvelop and upgrade the Country Centre to increase capacity and incotne in fU￿re. The Charity continues to ensure our care homes ar8 wellamaintained in appearance within our rural village comrnunities. The Charity will continue to explore opportunities for additional fundraising. The Charity ktrill further promote (fs seMCèS online and wa swal media. STrUCTURE, GovER￿cE AND MANAGEMENT Governing documen* The charity is govern8d by its Memorandutn and Articles of Association, and consttttrtes a private limited company, Ilmitèd by guarantee, as definèd by the Companies Act 2006. Recruitmènt and appointment of new tru$tee5 The difectors ol the chartiable eompany are als¢ twstees for the purposes of charity law and throughout this report are collectively referred to as trustees. Members attending annual general Meetings elect trustees. The Truste<%, when complets consist ¢f at least thrE¢ ?nd not more than eight individuals. all of whorn must b8 mèmbers. One third lor the nea￿$t number to one thirdl rnust rebre and, rf eligible, offer themselves for re-election at th8 annual general meeting. Those longest in Servi￿ retire fI￿t and the choice between any of equ81 Se￿1￿ being made by drawing lots. The trustees may at any timè co-opt any pèrson d￿￿ qu31ified to be appoirrted as a trustse to fill a vacancy in tt)èir number or as an additional tnjstee. but a (X)-OPted thjstee holds office only until the nèxt annual general meeting when they must seek re*lecbon. Oryanisational Structure There a￿ cUr￿n￿Y 3 Trustees. an¢J th&y meet at18a8t quartetly to adrninister the Charity. The ChiÈf Exe¢ulve Offietrr is supported by a rnanagement leadership team. External consult8nts assist when rgquired wath som8 speaalised actwities for the Charity. Inductlon and trdining of new trustees Thé current trustees are familiarwtth the practlcal work ol the charity and the content of the MertNJrandurn and Articlès of Association. Trust88s are er￿urag$d to attend Appropriate extemal training events where these facilitate the undertaking of their role. Key management remuneration Any senior and key personnel pay alterations are discussed by the trustees after taking due wnsideration of the sectorfs market wnditions and othei factors s￿h as 8dvancernent in training, experienc8 and r8sponsibilty. Related parties The th8ritys related parties ar8 the bustees and their famllies. Page 4 Williarn Blake House Northants Acom an limlteil b tee ort ofthe Trustee5 ForThe Perlod 1st A ril 2021 to 30th Se ber 2022 srRUCTURE, GOVERNANCE AND MANAGEME Risk management The Trustees have a duly to assess the risks to whi¢h the charity may be exposed and to put into pla￿ such systerns and pr0Tr5se8 as may b8 necess8ry trj prevent fraud perpetoted ag8inst the charity, wifft a consequential loss of inwme or 8ssets or iF)¢urring of expenditure and liatmlities. and to ensu￿ that the financi81 ststements 8re free material fraud and error. The trustees are also responsible for the irnplemtrntstion and continual monitorirNJ of those systerns and prcKesses and compliarts with the laws and regulations applicable to the charity. REFERENCE AND ADMINISTRATIVE DETAILS Regrstered Company number 04266500 IEngl2nd and Wales) Reglstered Charity number 1089471 Registered officp 2 High Street Blakesley TowcestEr Northamptonshirg NN128RE Trustees Mrs P J Jènner Director B Hamid Chaimian and Director l J Hi5cock Consultant 8nd Director MS S U Shirtn Company DI￿ettrr Iresigned 19.1.20221 Company Secretary Mrs J A Other Auditors Ch8ney & Co ststutory Auditor 310 Wellingborough Road Northampton NN14EP EVENTS SINCE THE END OF THE PERIOD Information rèlating to events since the end of th8 period is givan in the notes to the finanual ststèments. STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees (who are also the directors of William Blake House Northants IA company limited by guarantee) for th8 purposes of cotnpany lawl are r6sponsible for preparing the Rewrt of the Trustees and the financial Statements in accordance with applicable law and United Kingdom Accounting Standards Iunlted Kingdom GenEralty A¢¢epted Ac£ounting Pra¢ticel. Company law require5 the trustees ts prepare financlal statements for each fin8nual year whieh give a true and fair view of the state of affairs of the ch3rttable company and of the incoming restsurces and application of resour￿, including the income and eXpend￿t￿re. of the charitable company for th8t period. In preparing those financi81 ststements, the trustees are required to select suttsble accounting poliues and then apply them wn515Èenly,- observe the methods and princip18s in the Charity SORP., make judg￿ents and estimates that are rèasonable and prudentr state whether applicable acwunting stsndards have been followed, subject to any material departures disdosed and explained in thè financial ststements., prepare the fin8nu81 ststements on the going wncem basis unless tt is Inappropriate to presumE that the ¢h8ritable cornpany I￿11 continue in business. The trustees 8re responsib18 for keeplng proper 8ccounting fftcords which disclose ￿th reasonable atturacy at any tirne the financial cf the charitable company 8nd to enable them to ensu￿ that thè financi81 statements compty with thè Companies Act 2006. They are also rèsponsiblé lorsafeguarding the assets of the chartsble ¢ompany and hence for taknng reasonabb steps for the prevention and detection of fraud and other irrpgularfties. Page 5 m Blake Houst Northants an li¥rtited uar Acom ort of the Trust For The Period 1st A ril 2021 to 30th Se mber2022 STATEMENT OF TRUSTEES, RESPONSIBILMES . continued In so far as the trustees are aware= thèr8 is no ￿l&vent audit infonnation of which the charttable companrfs auditors are un8W8re-, and the trustees have tsken all steps th8t they gught to have taken to make thernselves awa￿ of any ￿levant audft inlormation arKI to estsblish that the auditors are aware of that information. Report of the truslses. incorporating a strategic report, approvgd by order of the ￿ard of trustees, as the company directors, on 22nd Novemb&r 2024 and signed on th8 boards bèhall by.. B Hamid- Trustee Page 6 ortofthèl de endent Auditors tv the Members of WÈlliam Blake House Northants Acom an limited b uarantse Opinion We wère engaged to audit the firnanci￿ statements of Willlam Blake House Northants l A company limited by guarantsel (the (x)mpanyl for the 18 month per￿d ended 30th September 2022 which comprise th8 Staternent of Financi81 Activities, the Balan* Sheet, The Cash Flow Ststernent and notes to the financBI ststern8nts, including a summary of signrficant a¢countsng policies. The financial reporbng framework that has been 8pplied in their preparation is applicable law and United Kingdom Accounting Standards l United Kingdom Generally Ac(￿pted Accounting Practice). Our responsibilty as auditors is to condy¢t an audlt of the entty's financial statements in acLrrdance with Intem8tional standards on Auditing l UK) and to issue an audit rÈport. We arè independent of the wmpany in accord8rr£ wth the ethical requirements that are rel?vant to our audr( Of the financial statèrnents in the UK, including thè FRrys Ethical Standard. We do not express an opinion on the accDmpanyin9 financial statemants of the wmpany. Because of the SvJnTr1can￿ of the rnatters described in th& basis for disdaimèr of opinion section of our report, we have not been able to obtain fficiènt appropriate audit eviden￿ tg provide a basls for audit opinion on these financial statem8nts. Basi$ for disclaimer of oplnion We have not re￿1Ve￿ 811 the information and explanations in rElation to our a￿JIt and therefore are unable to eXP￿S an opinion the future piospe¢ts ol the ¢haritable company Willrdm Blake House North8nts and the 8pplicability of the going concem basi5 of preparation of the financial statements and therettrre we cannot exp￿￿$ an opinion on the trLrth and fairness of thè financial statements as a whole. As regards oth8r matters on which w8 are required to expre&s an opinion,. the financial statèmènts- - have be8n properly p￿pa￿d in acwrdance with United Jthngdom Generally Accepted Acwunting pract1￿., and - have been propefiy prepared in ￿￿rdance with the requirements ofthe Cornpanias Act 2006 In the auditors, opinion the going contsm ststus ol the company and the l¥kelihood of its survival lor a period of 12 rnonths after the date of sign off of thè audit report on these financial statsments rnust be open to question tecause of the following wsons., PAYEINIC dèbt of £500.293 owlng to HM Revenue & Custorns. The cornpany has not paid its monthly PAYE & Na￿Onal Insurance liabilities when due bLrt has allowed the d8bt to build up to approximately 11 months, worth at tt)e peri(>Y ended 30th Septernbar 2022. The chaiman has ststed that he is trying to obtain a time to pay agreem&nt with HMRC and th2t ' HM R8venue & Customs have verbally ststed that they are not in the business of do￿ng down charities as a result of unp8id PAYEINIC liabilities.. The auditors arÈ of the opinion that HM Revenue & Customs ￿ul(j force Closu￿ of the cornpany, p8rhculady Sinc￿ the (Jebt at 31st October 2024 as pèr the latest unauditeLI management aC￿Unts has risen to approxim8tely £1.4 million. The company is hopeful of developing the land Ih8t it owns so that it will be able to raise funds in order tc> pay the dèbt to HMRC and this depends on planning pemission being obtained. At the dats of this report no planning pemission has been obtained yèt 8nd so we canrKJt comment on the Mability of this as a rnethod of repaying the debt. Page 7 Re rt of thè Inde endent Audbtors the Mèmbers of Willlam Blake House Northants Acom an Ilmited b uarantèe Strategy costs debtor £258,380 These have been recognised as a d8btor in the finanu81 statèments, due from the charbty Steiner Friends Limitèd Th8 strat?gy costs were invoiced by Van Kruger Lirnited which is a ctsmpany owned and controlled by the chalrman of William Blake House Limited. The board 8pprov&d and are awa￿ of this arrangernent. The purpose ol the strategy costs Was. inter-alta, to develop educational materia15 describing the Rudolf Steiner Ethos 8nd Philosophy in rela￿n to everyday life induding . but not litnited to. thè treatment ot vulnerable persons with complex medi￿{ , psychological and en)otional needs. The digital edu￿tiOnal materiats on thè web based plattorm have not gofte liv8 on the Intemet at the date of report. The ch8itman belièves trat the stratègy costs are mor6 reLqting to the Stsiner FrierKJ5 Limited charitsb￿ CDmpany. formetty known as Northamptonshirè County Centre, however the invoices raised for strategy costs are all in the name of William Blakè House Northants and 8Uthorized for payrngnt by the Company Secretsry and Chièf Executive Officer of Willkim Blake House Northants. The company hav8 supplied a spreadsheet of lh8 eslmatsd projected Inaneial OLttcornes ol the Steiner Friends Educational Proje¢t over a three ypar period, but becausè there no contractU81 in¢Dtne Streams based on foN4ard orfers. or detailed calculations of the demand tske up, nor a history of the charitsble company promding this type of prOd￿t , which, in any event, is in its infancy and is taking longer than anticipated to be av8i18ble to be brought to the Internet marke( we a￿ unable to comment on the viability of thè projected &Ft¢ome stream and therefore it is possible that this debtor may be wholly or partly irrecoverable. If this were to be the case then the finanaal results for the period would be worse by a rnaximurn of £258.380. The consultsncy sgreement relating to the development of the strategy. whlch was signed by betsveen William Blake House Nothants and Van Krugèr Consultit¥J limited on 22nd November 2017, tross refers to a project detail forrn relating to a ten yÈar strategy between 2017 to 2027. During a Meeting of the trustees on 23rf October 2024, the Board agEed that the costs In￿rred on the devebpment of the stramy should be recharged to Steiner Friends Limited, and we would draw the readerfs attention to the othèr points wlthin this audit report and fin8nrAal staternents in relation to thi$ matter. D•tailed cash flow and profitforecasts not supplled WO have not been provided wth detailed cashflow and profit forecasts for the Charitable company 8s a wholè entity.The charitable company is hoping to devek)p the land it owns such that it will be able to pays its HMRC debt. However tFys does depend on planning pemiission beiro gr3nted and therefoiè, 81though the trustee directors may have an ouuine plan of action, its outcorne is at bèst uncertain. Valuatson of the freÈhold land & buildings The financial ststements show the value of the Lqn(3 8nd buildings detem)ined by professional valuers, Fisher Gerrnan. and incorpoi8ted ift the year ended 31st March 2020 statutory financial statements in the surn of£575.000. This open market valuation ineluded an element of.hope valuè. whith refie￿e￿ the hope of planning pemiission. The sam8 company valued the same site at £200,000 for existing use value at 16th April 2024. The trustses have requested that the original valuation of £575,000 be usetj 8S this valuation was provided to thgm for their purpose whereas the newel valuation was provided to the prospective developer of the site on the basis of 8xi8ting use. bare land, value. We wsh to dr8W the attèntion tr> the readers of this ￿pOrt to the possibility that an impeirment write down of £375,000 tnay be appropriate leading to a further worsening of the company's results for the period by a figure of £375,000. Page 8 Re e Inde ndent Auditors to the Members of William Blake H Use Northants Acom limited b uarantee Consequentlal adjustrnents itthe compary is not a going con¢èm: 111 The 198sehokJ improvements and propety irnprovements induded in tangib18 fixed assets of £148,019 net book value may be worthless as they are integral features and decorations relating to properties rented by the comp8ny and not owned by it. The samè might apply tts the fLXtures with a nst book value of £44.681. 121 Trade Debtors of £128,729 may be irrecoverable a5 these werè still outstanding at 30th September 2024. The Tmste8s believe that these would be recoverable. 131 Redundancy (x)sts payable to employees_ However thè company is still in operation in October 2024 and as a result of this any calculation of the arnount ouistanding theoretically at 30th September 2022 would ￿ not be relevant. 141 The Strategy eosts debtor of £258,380 may be irrecovemble. 151 The land and buildings may only be worth £200.000. Conclusions relallng to golng concern For the reasons oudinèd in the disclaimer of opinion paragraph of our audit report we are unable to conclude on whether the company is a going con¢etn and 88 SUGh hav8 given a disdaimer of opinion. An overview of the Scope of our audit Irregularities , including fRud . a￿ instane88 of noft-(yJrrypliance with l&ws and regulation$. We dèsign procgdures in line with our rèsponsibilities , ourfined abov8, to detect matèTh31 misstatetn8nt$ in respect of irregularities, including fraud. Th8 extent to which our procedures are capable of detecting irrÈgularities, induding fraud, is dgtailed below.. We obtained an understanding of theI￿al and regupatory frarnewodis applicable to the eornpany and the sector In which it operates. We detèrrnine thet the following laws and regulations were most Significant.. the Companies Act 2006 .the Charities Act 2011 las applicable befo￿ 31st October 2022 when amended by the Charities Act 20221 UK employmènt t2xation laws. Compliancè with the requirements of the ca￿ Qualty Commission regarding regulations goveming the (zre of vulnerable persons with learning difficuthe5 in residential a￿0MMOdatiOn and day-care situations, Employment Législation and He8th and Safety ￿g￿lation affectirrfJ empbye88. There arE no ¢rtty¢al judgements of an unusual nature. The thmover is mainly fmm residential rnre and day-care incorne which is closgly mnitorèd by the trustees and other adtninistrative staff including the GEO. We havg undertaken high I￿e1$ of substantive testin9 of balanc&8 in the ststemenl of financial ppsityon and hav8 pÉrformed a detsil$d analytical review of the inetyne statement. Prior to commencement of the 8udit staff were briefed on the risk assessm¢nt of the susceptibility ol the ¢ompany financial ststsments to material misstatement inoludino fr8￿￿. Audit procedures p8rforrned Included.. identfying and assessing th8 design and effe¢l'veness of contrgls managÈm8nt has in place to prevent and d2ts¢t fraud., and - understanding how the trustee diiectors considered and addressed thè potential for override of controls Qr in8ppropriÉte Influen￿ ov8r the financial reporting process- and challenging as5umption$ and judgetnents made by manag8m8nt In signifunt accounting estim8tgs where eppropriate.. and entifying and testing journal entries , in partscular any journal entries posted wth unusual account combinatians, as appropriate; and - 85S8ssing the extent of Com￿lance wtth laws and ￿gU￿tions. At the compl$tion stage of the audit the resu￿ of audtt t$sts were re-examined to ensure that they were consistent wlth our knowtedge of the company and did not w8rrant fvrther inVestigat￿n of transactlons and b8lan¢es. Page 9 Re ortof e Inde endent Auditors to the Members of William Blake House Northants Acom an lirnited uarantee As rnentitined at￿Ve. in the basls for the dlsdaimèr of opiniDn paragraph, w8 are concemed that the delay in paylng th¢ HMRC debt ￿lating to PAYE and National insurance has given and Mll give rise to interest thereon and the d81ay in filing the Charitable companls acwunts, due to the lack of engagement by the trustees in the audit pro￿$$, wll give rfse to compliance pen81des chargeable by Cornpanies House. Other information Notwthstanding our discJ8imer of opinion on the financ￿1 staternents. in thè light of the knowledge antj underslanding of the Company and its environment obtained in the ￿u[Se of the audit performed subject to the pèrvasive limitation dèscribed above, we have not id8ntified material misstaterngnts in the report of the trustees. Oplnions on other matters prescribed by the Companies Act 2006 atte￿ on whieh we are ￿QuIred to repDrt by exception Arising from the IiEnitabon of ourwork referred to above.. We havg rot obtainEd all the infom18tion and explanatK)ns that WP CDnsidered necess8ry br the purpos8 of our audit. We have nothing to rep)rt in r25pert of the followng matters In relation to which th8 Companies Act 2006. requires us to report to you if. in ouropinion.. adeqtsats accounting ￿COrdS have not been kept or retums adèquate for our audit have not beèn received from branthes not vk%ited by us,. or the financial statements are ntrt in agreemertwith the a(tounting records and retums-, or rtain disc108ures of trustee5' rernUnerat￿n specified by law are not made. Responsibilitles of trusttès As explained fflo￿ fulty in the Statement of Trustees, Responsibilities, the trustees Iwho are also the directors of the charitable cornpany for the purposes of company lawl are responsible for the preparation ol the financial statèments arKI for being satisfied that they give s true and tsir view, &nd for such interrtal control a5 the trustses determine is necessary to enable the preparation of financial ststsments that are free from material misstatemenL whether due to fraud or error. In preparing the Enanaal stdtements. thè trustees a￿ ￿SpOnSible for assessing the ¢harrtable Compan￿$ abilty continue as a going con￿rn, disclosing. as applicable, matter8 related to going coll￿rn and using the wing concem basis of accounting unless the trustees either intend to IiqLtidate the Gharitable o)rnpany 01 to C88se operalons, or have no realistic a￿[native but to do so. Our responsibilifjes for thè audit of the financial 5tstements A consequence of the disctairner of oFinion 18 that ICAEW requi￿ that the responsibilities of the auditor be disclosed in the rnain body of our r8porL The d&tail$ of the laws and reguktions affecting the cornpany , the consideration of risk of fraud and error and non omplisnce thewith and the ways we addressed audit wrrEms ¢)ver this are disc105ed in the main b)dy of the report under th8 overview of the scope of the èudtt pardgraph. A further descitption of our ￿ponsIbIl￿e$ for the 8udit of the financial ststements is lor£ted on the ¥inaneial Reporting Council's website at www.frc.org.uk1auditors￿$p0￿slbllrtles. This description forrns part of our Report of the Indettndent Auditors. Use of our report This report is made solely to the charitable cornpany's membèrs, as a trx)dy. in accordance with Chaptar 3 of Part 16 of Companies Act 2006_ Our audit work has been undertaken so that we might slate to the Charitable cornp8nYs members those matters we extent permitted by I require(J tr) stste to them in an auditors, report and for no other purposE. To the fullest wèd charitable compan rnbo not accept or z5surn& responsibility to anyon8 other than the charitable company and fhe s a tody. for our audit work, for thi8 report, or for thè opinions we have forrned. Paul Sparks FC for and on behalf of Statutory Auditor 310 Wellingborough Road Northarnpton NN14EP enior Ststutory Auditorl heney & Co 22nd Novèmter 2024 Page 10 Williarn Blakè use Northants Acom limited uarantee statement of Financial Activitie5 Incor oratin an Incorne and Ex endtturtr Account For The P 1stA ril 2021 to 3Llth Se tember 2022 Period 1.4.21 to 30.9.22 Unrestricted fund Year ended 31.3.21 Totsl fund5 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8.082 9,576 Charitabl& activities Resid&nti81 Care fees 4.329?04 2,753.201 Inv8strrent inwme Other income 36 319.646 327 211.267 Totsl 4.657 668 2,974,381 EXPENDITURE ON Charitable activitles Residential Care & Housghold costs Support costs 4.830,286 63,791 2,929,625 39,891 other Total 4 89S.168 2,969.516 NET INCOMEIIEXPENDITUREI 1237.5001 4,865 RECONCILIATION OF FUNDS Totsl funds brought fornard 928.800 923,93S TOTAL FUNDS C•lRRIED FORWARD 691,300 928.800 The notes form part of these financial 8t8tements Page 11 William Blakt H uarantÈe use Northants istered number: O om 6500 Balance Sheet 30th Se tember 20 2022 Un￿Stricted fund 2021 Total funds Not88 FIXED ASSETS Intangibl& assets Tangible assèts 12 13 3.405 815.022 10,035 818A27 871.907 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 14 15 10.400 556.418 39 13.400 406,257 606,091 478,100 CREDITORS Amounts falling due within one year 16 1698,6731 1379,5411 NET CURRENT ASSETS 98,559 TOTAL ASSETS LESS CURRENT LIABILITIES 725,845 970,466 CREDITORS Amounts fralling due aft&r more than on0 year 17 134,5451 141,6661 NET ASSETS 691.300 928,800 FUNDS Unrestricted funds 21 691.30 928.800 TOTAL FUNDS 691 JOO 928.800 The ffnanchql statements were approved by the Board ofTnJsteEs and authorised for issue on 22nd NO￿rnber 2024 and wère Sign￿ c>n its behalf by". B H&mid- Trustee Th8 notes fom part of these finan¢i81 ststements Page 12 William Blake House No Acom limited b ants uaran Cash Flow Ststsment For The Period 1st A ril 2021 to 30th S tember 2022 Pèriod 1.4.21 to 30.9.22 Year ended 31.3.21 Notes Cash flows from 0￿ra￿n9 activities Cash gene￿ted fr(￿n tsp8rations Int8r8$t paid 100.455 25.872 133,7281 4.328 Net cash provided byllused inl operoting actiwties Cash flows from investrng activiti88 Purchase of intangible fixed assets Purchase of tangible fjxed assets Interest rÈ¢eived 186,6671 36 19.0001 183.3841 337 Net cash used in investing activities 86.631 92,0471 Cash flows from flnaneing acliviti88 New loans in year Loan repayments itt year 50,000 ,122 Net cash lused inyprovided by finanang activrfoes 50.000 Chafjge in cash and cash equivalen¢s in the rÈportJng period Cash and ¢ash equÈvalents at the beglnnlng of the reporting perfo 119,1701 180,1031 138.546 Cash and cash equivalents at th8 end of the reporting period 39,273 58,443 The notes form part ofthese ffnanual statements Page 13 William Blake H use Northants Acom limited uar8nteÈ Notes to the cash Flow Statement For Th• Period 1st A ril 2021 to 30th Se tember 2022 RECONCILIATION OF NET {EXPENDITURElItNCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES Pèriod 1.4.21 to 30.9.22 Year ended 31.3.21 Nèt lexpenditureifincome for the reporting period (as perthè statement of Financial Activities) Adjusknents for. Depreck3tion d)arges Loss on disposal of fixed assets Int&r&st receN8d Interest paid DeCiea5ellin￿aSe} in stod(s Increase in debtors Increase In ¢￿ditOrS I237,￿0) 4,865 106.147 34,000 136 25.87Z 3,000 (150,1601 319 132 67,661 20,000 13371 4,328 112,6011 1227,2221 109,578 Net cash provided byllus•d inl operatior 100ASS 33,7281 ANALYSIS OF CHANGES IN NET FUNDSIIDEBTI At 1.4.21 Cash flow At 30.9.22 Net cash Cash at bank and in hand 19.170 39.2n 58.443 19,17ti 39,273 Debt Debts tslling due ￿thin 1 y88r D8bts falllng due after 1 year 18,3331 41,666 {8,3331 34,545 7.121 Total 12,049 3.605 The notss fom part of these financial statèmènts Page 14 William Blake Hou orn an limitèd Northants uaraFttse Notes to the Financlal Statements For The Period 1st A ri12021 to 30th Se tember202 ACCOUNTING POLICIES Basls of preparfng the flnènoial statements The finan¢k81 statements trf the charitsble company. which is a Pu￿1¢ benefit entity undar FRS 102, have been prepared in accordancè with the Charitie5 SORP IFRS 1021 'Awounting and Reportsng by Charities.. Staternent of Rèix)mmended Practice applicable to charities preparing their ac(x)unts in accordance wth th8 Financial RePOr￿n9 Stsndard applicable in the LIK and Republic of Ireland IFRS 1021 leffectlve 1 January 20191.. Financial Reporting standa￿ 102 'The Financial Rewrbng Standard applicabla in the UK and Rèpublic of Ireland, antj th8 Companies Act 2006. The financisl statements have been prepared under the historical cost comiention, as rnodffied by the revaluation of certain assets. The financial statements have been prepared under the going concèm basis which the t￿Stee$ b8liev@ is appropriate because of their belief that th8 H M Revenue and Customs will not seek to wind th8 charFty in order to rerAJver the income tax and national insufftnce liabilities OLtstanding. Th8 pre$￿tstion CUJTenw of thè fin8ncial st8ternents is the Pound StÈrling 1£). The charity is a private limtted company, limited by guarant88 and its registered off1￿ is at 2. High StreeL Blakesley, Towcester, Northarnptonshire NN12 8RE. Th8 Charitable o)mpany is registeréd at Companies Housè in England & Wales l Registe￿ Nymber 042665001 and with the Chaiity Cofftmv&sion of Eng18nd & Wales l R8gist8red Number 10894711. On 28th Novembèr 2023 the Registrar of Companies published in the Gazett8 that the cornpany would be stru off the rÉgister tsf companies and dissclved in 2 tnonths from that date.lf this had taken place all the pmpety and rights vesietl in , or held in trust for. the Company would have been deemed to be. bona vacantia" and would belong to the Crown. On 8th DETrmber 2023 the cotnpulsory strike-off action was tèrnpornrily suspended under Seotion 1000 of the Cofflpanies Act as an objection to the st￿king off has bèen received by the RegIS￿r. Whi15t the objectoi is not named on the docurnent filed at Companies House. it is likely that HM Revenue and Custorns were the paity responstrble as they are owed material Sums in relation to income tax and national Insuran￿ on employees, salaries. The period Covered by th6 financial statements i8 18 rnonths to the 30th September 2022 whereas the comparntive figures are for the year ended 31st March 2021. This rneans that the figures in the finanual statements arè not entirely cornparable. On 8th August 2022 Williarn Blake House Northants changed its reporting date to 30th Septsmber, an 18 month period of 8cwunting as allowed under the Companies Act 2006, to tie in with thg then expected In￿al live commissioning date of new edueatlOllo1 products arising from the Strategy Project. The principal activty of the charity in the period was the provison of a spiritually oriented comrnunty consisting of number of small registered carg hornes SÈTving the development needs of residents wrfh leaming dis8bilitlgS. The significant accounting Folicies applied in the preparaticn of these financial statertlents are set out below. These poliryes have bèen consistenuy applied to all periods presented unless otherwise stated. Debtors Debtors are rneasured attheir recoverable 8mounts. Liabllltles Liabilities are recognised and measured attheir setuement amount. Incorne Atl income 1$ ￿cogniSed in the StateJnent of Finan¢i81 Aetivthes once the charity has entiuement to the funds. Donations Thesè 8re re¢ogni5Ed upon receipt of tt)è donation. Bank intÈre5t received This is re(L)gnised upon receivable basis and is ItTrclud￿ once this has been credited to thè bank a￿O￿nt from the respectivg financial instTtutTon, as the 8cwunting period is made UP to a quartèr month in which the inter8St ts receNed. Page 15 continued... iarn Blake House Northonts Atorn an limitèd uar Notes to the Financial Statements- continued ForThe Period 1st A ri1202f to 30th SÈ tember 2022 ACCOUNTING POLICIES- continued Resldèntial Day Care Income All of the reshJents of the charity have drfferent ear8 neèds and as such the income for each resident is agpéed with the loeal 8Lrthority in which the resident originally resided. Their ngeds are 8ssessed by referern￿ to the contract 8g￿ed with each local authority, together with 8ny uplift for addibonal care at the ￿queSt of thèir pa￿nt or guardians arid addilionalty reliance is placed wth the Care Quality Calculator to determine the value of the daily of carè. Invol￿$ are then raised each month with refer8nce to the ag￿ed contract, subject to psriodic plifts ts addrtss the inlationary issues with th& o)sts associated with the individual residents e8re. Day Centre fee and other income The day centre fe8$ are ¢JÈterniined by referen￿ to the specific 8¢tivities and the level of earg required to support peoplè undertaknng the activities. These are detgmiined on a day rats and charged on a daily basis to the L%l8torners by reference to an attèndan￿ dlary of participants. Grants The* arg recognt18d upon ffttsipt. Expenditure Liabilitie5 are recognised as expenditure as soon as thére is a legal or constructive obligation comrnitbng the Charity to that expenditu￿. it 1$ probable that 8 transfer of ectsnom￿ benefit5 will be required in setvement and the arnount of the obligation can be measured ￿lIablY. ExFenditure is accounted for on an accruals basis and has been classrfièd under headings that aggregate all Cost related to the category. whe￿ eosts ¢annot be dir8dy attributed to parbcular headings they have be&n all0￿1￿d to activities on a b&sis consistent with thè use Trademarks Tradernarks are being amortiz8d at 10% tsf cost annu811y. Where appropriate.impairment of trade marks is made. wher8 their reeoverable arnount in tem)s of economic value for generating future income strearns. is in doubt. Tangible fixed assets Depreciation is providèd at thE following annu81 rates In order to wrtte off 8a¢h assèt over its e5tirnatsd uselul Irf8. Leas8hold improvernents 20% on Cost and 15% on cost ImprOve￿Ents to propety 13% on cost Plant and machinery 33% on Tedu¢ing balane8. 25% on reduung balance and 5% on cost 25¥0 on reducing balancg 25% on cost Fi¥turÈs and fittings Motor vehicles Improvemonts to propety include capitalised repairs ag part of redee¢rating costs . Repairs with a cumulatrve monthly value in excess of £500 are treated in this way. The radgcoration ¢05ts are written off on a straight line basis over 2 to 5 years. Stocks Stocks comprise food, fuel oil .protective dothing I PPEI and ¢￿anIng r8quisites at the residential homes an¢J shrubs for sale in the greenhouses 8t the county ￿ntre. These itsms are stated at the lowèr of cost and n8t realisable value. Taxation The charity is exernpt from corporation lax on its charitable 8Ctlvitles. Fund accounting Unrestricted funds can be used in accordan¢e with the ¢harilabJe objectives at thè discretion of the trustees. Restricted funds can only be used for partieu18r r8*ricted purp¢)ses vhthin the objects ol thè charity- Restrictions arise wh8n speclfied by the donor or whBn funds are raised for particular restrrted purpo58S_ Further explanation of the nature and purpose of each fvnd is Included in the note5 to the financial statements. HI￿ purchase and leasing commltments Rentals paid under operating leases art charged to the Statement of Financial A¢tivlties on a straight line basis over the period of the lease. Page 16 continued... m Blak¢ House Northa an limited b uaran Acom Notes to the Financial Ststemen conttnued For The Period 1st A ril 2021 to 30th Se tember 2022 ACCOUNTING POLICIES . continuebjection to the striking off has been received by the Registrar. At a board meeting held on thè 23rd October 2024. it was agreed that the Stratsgy C08ts incurred in development of commercial services alignèd to the Rudolf Stsiner principles wll be invoiced to Stetner Friends Limited RegiSte￿d Charty Nurnber 107178, the then Trustees of were Mr B Hamid & Mrs J Other. On thè 20th November 2024. Mrs J Other stood down as a Trustée of Steiner Friends Limited and Mr l Hiso)ck and Mrs P Jenner We￿ appointed as trustees for Steiner Friènds Limited. These costs would then be repaid from the income stream that this st￿tegY will C￿ate. There has been no adju5trnents Included in these financial statements 88 the decision was tsken afterthe end of the accounting period. Page 24 William Blakè House Northants Aco limtted 118rantge For Detailed Statement of Financial ActÈvities e Pertod 1st A rtl 2021 to 30th Se tÉmber 2022 Period 1.4.2110 Yaarended 30.9.22 31.3.21 INCOME AND ENDOWMENTS Donatlons and lègacies Donations 8,082 9,576 Investment income Deposit aceount interest 337 Charitable activitte$ ResNJEntial car8 fees 4,329,904 2.753,201 Other 1￿come Day Centre f￿5 & Other Income Covl¢J support grants 222,713 96.933 113.216 98,051 319,646 Total incorning resources 4.651,668 2,974,381 EXPENDITURE Charttable 2CtivitF8S Employer pension costs Sèniors salary Seniors salary INICI Care stafi salary CarÈ salary INICI Agency staff and workèrs Volunteer allowan￿ & exp8nses Supervision Therapist¥ & Doctors Medical Ntttrition Motor and othertravel Community outings & aCtiV￿e$ Professional fees 89,359 293,483 30,147 2.33329S 210,084 331.616 11,380 20,354 10,619 25,371 122,505 138,289 35,119 143,438 52,565 159,122 14,854 1.641,876 150,074 82.033 12.349 1,OQK) 6,550 9,141 71.861 ,023 11,015 46.28S 3.795,059 2.348,748 Other Charitsble donation8 1.091 Support Costs Establishment expenses Rent Counal tax & w*er rates Insurdnc&- Combined Light and heat Telephone Farm running expenses Carried forward 291,075 22.874 34.686 65.639 9.301 11,704 435,279 119,393 26,200 17.806 30,595 8.683 202,677 This page does not form partof the ststutory fin8n￿81 ststemènts Page 25 Willlam Blak House Northants com limited varan D tailed Statemènt of Financial Activitie5 For The Period 1st A ril 2021 to 30th Se tember 2022 Perlod 1.4.21 to Year ended 30.9.22 31.3.21 E$tablishment expense$ Brought forward Household & cleaning Repairs & maintenance Gardèning 435279 31,655 21,845 202.677 18,145 14,595 4,346 494.593 239,763 Residential support costs M8nagement and administrative $8larfès Managernent and aclministrative salaries INICI Training Office expènses W8bslte & ￿Fnputsr costs Amorbsation of intangible fixed assets Depreciation of targible fixed assets Loss on s81e of tangl￿@ fixed assets B8nk charyes & interest Bounce B8¢k Loan Interest Interest on late paid Tax & Nl 266,050 29,554 10,394 43,894 24,723 6,630 99.517 34,000 6.235 865 170.659 18,147 9,469 22,743 28.107 1.084 66,577 20,000 4,328 540,634 341,114 Governance Costs Auditots, rernunerat￿n Meeting expenses coc Bookkeeping Professional fees HMRC penalties and interest 7,500 4.005 4,952 46,260 874 200 5,400 246 3,264 28,159 2.091 731 63,T91 39,891 Totsl r￿urceS expended 4895168 2.969.518 Net Ipxpermtiturelllncome 237,500 4,865 This pag8 does notftsrni part of the stabjtory financial statements Page 26