2022-03-31-accounts - The Oaklea Trust

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					Page
Charity Information .
Report ofthe	Trustees.
Independent	Auditor's	Report
Consolidated	Statement		of Financial	Activities.	13
Consolidated	and Charity		Balance Sheets ...		.....14
Consolidated	Statement		ofCash Flows...		15
Notes to the	Financial Statements.				16

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				Consolidated	Consolidated	Charity	Charity
				2022	2021	2022		2021
			Notes	6	6	6
Fixed assets
Intangible fixed assets			10		2,574			2,574
Tangible fixed assets				1,912,206	1,047,579	1,856,340	1,013,253
Investments			12			I		1
				1,912,206	1,050,153	1g856,341	1,015,828
Current assets
Stock				6,121	11,380			5,388
Debtors			13	1,158,002	695,177	1,035,530		626,462
Cash at bank				530,350	654,431	512,229		586,331
				1,694,473	1,360,988	1g847g759	1~218(181
Creditors: Amounts within one year	falling	due	14	(1,305,503)	(993,915)	(1,230,267)	(903,288)
Net current assets				388,970	367,073	317,492		314,893
Creditors: Amounts after more than one	falling year	due	15	(869,495)	(309,136)	(856,909)	(302,724)
Net assets				tg431g681	1 108090	1~316g924	1	027~997
Represented by:
Unrestricted charity	funds:
General			17	338,968	367,073	267,492		314,893
Designated			17	1,092,713	741,017	1,049,432		713,104
Restricted charity funds			17
Totalfunds				1,431,681	1,108,090	1,316,924	1,027,997

Consolidated Cash Flow Stat	ement for t	he year en	ded 31March	2022
			2022	2021
		Notes	5	5
Cash flows from operating activities
Net cash provided by operating activities		23	251,423	746,083
Taxation paid			(6,227)
Interest paid			11359	5 115
Net Cash generated by operations			233,837	740,968
Cash flows from investing activities
Purchase of tangible fixed assets			(957,261)	(58,988)
Proceeds from sale oftangible fixed assets				774
Net cash (used in) investing activities			(957,261)	(58,214)
Cash flows from financing activities
Increase in / (repayment of) bank borrowings			605,139	(30,760)
Hire purchase creditor (decrease)			5 796	5 857
			599,343	(36,617)
Change in cash and cash equivalents	in the year		(124,081)	646,137
Cash and cash equivalents brought forward			654 431	8 294
Cash and cash equivalents carried forward			530 350	654 431

		Unrestricted Funds	Restricted Funds	Total	Unrestricted Funds	Restricted Funds	Total
		2022	2022	2022	2021	2021	2021
		E	8	E	E
General	donations	1,089		1,089		339	339
Grants and sponsorship			470,760	470,760		557,701	557,701
		1i089	470i760	471r849		558,040	558,040

	Unrestricted Funds	Restricted Funds	Total	Unrestricted Funds	Restricted Funds
	2022	2022 E	2022 E	2021 E	2021 f	2021 E
Care and supportin the Community	8,871,610	10390	si882r000	8I151i227		8,151,227
Care and support
in the Community
-other				4,459	560	5,019
	Bi871r610	10r390	8r882r000	8 155686	560	8,156,246

		Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			2022	2022	2022	2021	2021	2021
			5	6	6	6	6	6
Direct costs:
Staff costs		6,515,039		481,150	6,996,189	6,011,926	555,114	6,567,040
Staff related costs			436,730		436,730	398,636		398,636
Depreciation			89,734		89,734	67,958		67,958
Property costs			327,651		327,651	313,598		313,598
ITcosts			94,157		94,157	80,551		80,551
Other direct costs			180,809		180,809	148,283		148,283
Other charitable			893,523		893,523	162,116		162,116
expenditure
		Qr537r643		481r150	9~018f793	7 183068	555 114	7 738 182
Governance costs:
Auditor remuneration			11,250		11,250	12,000		12,000
Governance costs			215		215	70		70
			11,465		11,465	12,070		12,070
Total exPenditure on charitable activities		8	549 1QQ	481 15Q	Q Q30 258	7 767 609	555 114	8 322 723
Net income for	the	year
						2022		2021
This is stated after charging:							5	6
Depreciation —owned assets						89,734		67,958
Intangible amoitisation						2,574		780
Loss/(Profit) on disposal	offixed assets					2,900		(657)
Lease expenditure						74,592
Auditors' remuneration:	- audit services					11,250		12,000
	-other services					3	500

Staff costs
	2022	2021
	6	6
Wages and salaries	6,996,189	6,567,553
Socia I security costs	494,893	491,257
Pension costs	141,511	128,823
	7,632,593	7,187,633

e average number ofemployees (full and par	t time) based on headcount during the ye	ar was:
	2022	2021
	Number	Number
Management	66	53
Administrative	13	18
Care and Support	320	327
	399	398

Consolidated
	Freehold land and buildings f.	Leasehold land and buildings 6	Fixtures and fittings f	Computers 6	Motor vehicles	Total
Cost
At 1April 2021	1,071,405	20,546	155,020	335,483	84,267	1,666,721
Additions	814,712		42,189	69,013	31,347	957,261
Disposals	(2,900)					(2,900)
At 31 March 2022	1~883~217	20r546	197r209	404g496	115g614	2I621g082
Depreciation
At 1April 2021	196,763	4,109	121,932	243,426	52,912	619,142
Charge for the year		3,582	19,820	50,657	15,675	89,734
At 31 March 2022	196,763	7~691	141g752	294g083	68~587	708~876
Net book value
At 31March 2022	1,686,454	12r855	55s457	110r413	47i027	1r912r206
At 31 March 2021	874,642	16,437	33,088	92,057	31,355	1,047,579

	Freehold land and buildings	Leasehold land and buildings	Fixtures and fittings	Computers	Motel' vehicles	Total
	6	6	6	6
Cost
At 1 April 2021	1,063,764	20,546	155,020	320,816	11,502	1,571,648
Additions	814,712		31,903	69,013		915,628
Disposals	(2,900)					(2,900)
At 31 March 2022	ti875g576	20g546	186g923	389i829	11~502	2I484~376
Depreciation
At 1 April 2021	191,286	4,109	121,932	232,295	8,773	558,395
Charge for the year		2,054	16,248	50,637	682	69,641
At 31 March 2022	191,286	6~163	138I180	282I952	9i455	628i036
Net book value
At 31March 2022	1,684,290	14g383	48y743	106I877	2i047	1i856i340
At 31 March 2021	872,478	16,437	33,088	88,521	2,729	1,013,253

		2022	2021
Turnover		1,019,235	877,934
Cost of sales		(676,499)	(595,737)
Gross profit		342,736	282,197
Administrative	expenses	(295,185)	(260,353)
Operating profit		47,551	21,844
Interest payable and similar expenses		(343)	(851)
Profit before	taxation	47,208	20,993
Tax on profit		(12,542)	(3,992)
Profit for the	financial year	34,666	17,001

		Consolidated	Consolidated	Charity	Charity
		2022	2021	2022	2021
Trade debtors		768,732	405,608	697r488	368r927
Other debtors		247,369	229,207	245,295	228,311
Prepayments	and accrued	141,901	60,362	92,747	29,224
income
		1,158,002	695,177	1r035r530	626 462

			Consolidated			Charity
			2022	2021	2022	2021
Bank Loans (see note		16)	82,684	31,729	82,684	31,729
Trade creditors			155,834	66,389	131,576	59,330
Other creditors			62,000	50,221	61,701	50,221
Amounts owed undertakings	to fellow group				142,971	12,872
Other taxation security	and social		161,528	129,890	137,175	112,287
Hire purchase				5,796
Corporation tax			6,367
Accruais and deferred		income	837,090	709,890	674,160	636,849
			1,305,503	993915	1~230g267	903 288

5. Creditors —A	mounts falling	due after more than one year	due after more than one year
		Consolidated		Charity
		2022	2021	2022	2021
Bank loans (see note	16)	653,185	99,000	653,185	99,000
Accruais and deferred	income	203,724	203,724	203,724	203,724
Deferred tax		12,586	6,412
		869,495	309,136	856,909	302,724

An analysis ofthe maturity ofthe l	oans is given below:	oans is given below:
	Consolidated		Charity
	2022	2021	2022	2021
Bank loans falling due:
Within one year	82,684	31,729	82,684	31,729
Between one and five years	653,185	99,000	653,185	99,000
Over five years
	735,869	130,729	735,869	130,729
17. Funds summary

7. Funds summary
	Balance				Balance
Consolidated	1April 2021	Income	Expenditure	Transfers	31March 2022
	6	6		6	6
Unrestricted:
General fund	367,073	8,872,699	(8,549,108)	(351,696)	338,968
Designated fund	741,017			351,696	1,092,713
Restricted funds:
Restricted fund		481,150	(481,150)
Total Funds	1,108,090	9,353,849	(9,030,258)		1,431,681
	Balance				Balance
Charity	1April 2021	Income	Expenditure	Transfers	31March 2022
	6	6	E		6
Unrestricted:
General fund	314893	8 247 458	(7958531)	(336r328)	267 492
Designated fund	713,104			336,328	1,049,432
Restricted funds:
Restiicted fund		360,346	(360,346)
Total Funds	li027i997	BI607I804	(ai318877)		1,316,924

Consolidated	Consolidated	Unrestricted funds	Designated funds	Restricted funds	Total
		2022	2022	2022	2022
		6	6	E	E
Fixed assets			1,912,206		1,912,206
Current Assets		1,694,473			1,694,473
Creditors	due within one year	(1,305,503)			(1i305i503)
Creditors	due after one year		(869,495)		(869,495)
Transfers		50 002	50 002
Total funds		338968	1092713		1431 681
		Unrestricted	Designated	Restricted
Charity		funds	funds	funds	Total
		2022	2022	2022	2022
		E	E		E
Fixed assets			1,856,341		1,856,341
Current	Assets	1,547,759			1,547,759
Creditors	due within one year	(1,230,267)			(1,230,267)
Creditors	due after one year		(856,909)		(856,909)
Transfers		50 000	50 000
Total funds		267,492	1,049,432		1,316,924

					Hire purchase	contracts
					2022	2021
						E
Net obligations	repayable:
Within one year						5,796
Between one and	five years
						5 796
		Land and	buildings		Otherleases
		2022	2021		2022	2021
		E		E	E	E
Expiring:
Within one year		54,308	94,430		1,104
Between one and	five years	30000	143	576	3 680	16262
		84308	238	006	4 784	16262

23. Reconciliation	ofnet income/expenditure	ofnet income/expenditure	ofnet income/expenditure	to net cash flow from operating	activities
				2022	2021
				6	E
Net movement in funds				323,591	391,563
Adjustments for:
Depreciation charges				89,734	67,958
Amortisation charges				2,574	780
Loss/(profit) on disposal		oFtangible	fixed assets	2,900	(657)
Taxation				12,542	(2,240)
Interest payable				11,359	5,115
Decrease/(increase)	in	stock		5,259	(8,834)
(Increase) in debtors				(462,825)	(183,857)
Increase in creditors				266,289	476,255
Net cash provided	by	operating	activities	251,423	746,083

. A	nalysi	s o	fcha	nges in net debt
					At	1April 2021	Cash flows	At 31inarch 2022
						5		5
Cash	at bank	and	in hand			654,431	(124081)	530,350
Loans	falling	due	within	one year		(31,729)	(50,955)	(82,684)
Loans	falling	due	after	more than one year		(99,000)	(554 184)	(653,184)
						523 702	(729,220)	(205,518)