2020-12-31-accounts - Eventide Residential Home Limited

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REGISTERED COMPANY NUMBER: 04130514 (England and Wales)

REGISTERED CHARITY NUMBER: 1092070

Report of the Trustees and

Financial Statements

for the Year Ended 31 December 2020

for

Eventide Residential Home Limited

Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX

Eventide Residential Home Limited

Contents of the Financial Statements for the Year Ended 31 December 2020

		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report		]
Statement of Financial Activities		6
Balance Sheet		7
Cash Flow Statement		8
Notes to the Cash Flow Statement		9
NotestotheFinancialStatements	10	to	17

Eventide Residential Home Limited

Report of the Trustees for the Year Ended 31 December 2020

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The original charter states that the charity's aim is to promote the care and relief of the elderly in particular by the provision of a residential home or homes. There have been no material changes to this objective in the past year.

The income and property of the charity shall be applied solely towards the promotion of its objects as set forth in its Memorandum and Articles of Association, subject to certain provisions approved by the Charities Commission.

Significant activities

The primary objective both short and long term is to provide a secure and comfortable "home-from-home" for our residents, who feel that a little help in their day-to-day enjoyment of life does not in any way affect their independence. This we feel encourages our residents to retain their belief in their individuality, and to make decisions regarding _ their lifestyle within a relaxed environment.

The charity continues to work closely with the local authority, in ensuring that good quality care is offered to elderly residents at an affordable price.

Public benefit

In setting their objectives and planning their activities the trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

As stated above, the charity's main objective is to provide good quality care to its elderly residents. The Home's staff are key to providing good quality care and all staff participate in recognised training programmes, and all are actively encouraged to use the continuing professional development that we provide to obtain additional formal qualifications. The Manager, Deputy Manager, Senior Carers and Care Assistants have a wide range of experience with qualifications ranging from NVQ2 & 3 in the care of the elderly.

Trustees and staff endeavour to ensure that residents are provided with a variety of activities. Due to Covid-19 restrictions during the past year this has mainly been provided by the staff who have arranged exercise classes, quizzes, and games etc. on a regular basis. Pictures of these various activities are shared on Facebook for the benefit of family and friends who have been unable to visit. The trustees hope that these activities will enhance the fulfilment and enjoyment of residents during their stay at the Home.

Fundraising activities

The charity does not carry out any formal fundraising activities

Page 1

Eventide Residential Home Limited

Report of the Trustees for the Year Ended 31 December 2020

ACHIEVEMENT AND PERFORMANCE

Internal and external factors

Occupancy levels are used to measure performance, the Home is impacted by local authority policy and needs to ensure that the residents needs can be met. The Home does not provide long-term nursing care. Occupancy rates were below 90% during 2020 and the trustees believe this is an impact of the Covid-19 pandemic. The publicity of the number of deaths in care homes across the country resulted in families having concerns for the safety of their loved ones and they were reluctant to have them looked after in a care home.

Eventide has established a distinctive criteria for the admission of residents to the Home (including those in times of emergencies) in line with the accepted policies and procedures for the standard of care to be provided. The needs of all residents are assessed by the Manager and Assistant Managers and a written care plan produced for each resident with their approval, and that of their family. This care plan is regularly reviewed and updated to ensure the Home can still meet resident's needs.

The trustees have been unable to visit the Home regularly on an individual basis but continue to enquire about the resident's welfare.

The measurement of performance against objectives is difficult in the context of the charity's particular activity however, the trustees are able to point towards the frequent positive feedback from residents and their families, as well as local doctors, community nurses and Care Quality Commission inspections. These have all been positive during the year.

FINANCIAL REVIEW

Financial position The charity's principal funding source remains the accommodation charges to its residents which saw a decrease of £25,770, with income falling from £574,023 in 2019 to £548,253 in 2020. This is the result of restricting room availability due to the Covid-19 pandemic..

Staff costs, by far the largest area of expenditure, have increased by £45,499 to £443,581. Overall, the trustees report a surplus for the year of £22,181.

Reserves policy

Reserves at the end of the year amounted to £258,586. This includes fixed assets of £91,884, which are used in the activities of the charity. The net current assets in the unrestricted fund available for use excluding tangible fixed assets total £166,702. The restricted fund has £155 which consists of donations not spent in 2019 or 2020. The trustees believe that for financial stability the net current assets should be at least three to six months expenditure, approximately £130,000 - £260,000. The trustees believe that this level of reserves is required to protect against future temporary falls in occupancy rates and to ensure that funds are available for the ongoing maintenance of the property.

The charity's assets are held to permit it to operate successfully in accordance with its objectives. The charity has liquid capital to cover its current liabilities.

Going concern

At the date of this report the trustees are pleased to confirm that there have been no Covid-19 infections at the Home and that we continue to comply with all government guidelines to safeguard the residents. The trustees can also confirm that all staff at the Home have been fully vaccinated and continue to take regular Covid-19 tests.

FUTURE PLANS The trustees intend to continue running the charity along similar lines to those currently being operated. Room rates are regularly reviewed by the trustees to ensure that the costs of providing good quality care are met. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is a private company, limited by guarantee having no share capital, and is a registered charity governed by its Memorandum and Articles of Association. Recruitment and appointment of new trustees Trustees are appointed by invitation from the existing board of trustees. All trustees appointed become registered members of the company.

Organisational structure

The board of trustees met formally when Covid-19 restrictions allowed. Matters arising between meetings are generally dealt with by the chairman or the secretary, with due delegated authority, who will report back at the following meeting.

Page 2

Eventide Residential Home Limited

Report of the Trustees for the Year Ended 31 December 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

All trustees are aware of their legal obligations under charity and company law. All trustees are also conversant with the Memorandum and Articles of Association, procedure of trustee meetings and the decision making process, and the recent performance of the charity.

In the event of a new appointment, the company secretary is charged with briefing the new trustee fully on all their obligations. However, the secretary is assisted by the other trustees as and when necessary. External training identified by the board, which is considered to be useful for the ongoing stewardship of the charity, is attended by the trustees wherever possible.

Key management remuneration

The trustees review employee pay rates on an annual basis taking into consideration the National Minimum Wage and National Living Wage. Related parties There were no related party transactions during the year that require disclosure except for those shown in the notes to the financial statements.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to mitigate these risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04130514 (England and Wales)

Registered Charity number 1092070 Registered office Metherell Gard Burn View Bude Cornwall EX23 8BX Trustees Mrs J Pearce Mrs S Jones C Jepson Ms L Green Mrs J A Westaway G Hodgson Mrs J Davey S Mundy

Other senior personnel within the charity are Mr S Hutchinson, the charity's treasurer, and Mrs D Gardiner, the manager, who is responsible for the day-to-day running of the Home.

Company Secretary Mrs S Jones

Page 3

Eventide Residential Home Limited

Report of the Trustees for the Year Ended 31 December 2020

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner David Nigel Cox FCA ICAEW Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX

Bankers Santander UK plc Bridle Road Bootle Merseyside L30 4GB

Solicitors Peter, Peter & Wright 1 Queen Street Bude Cornwall EX23 8AZ

All trustees of the charity are also appointed directors of the company.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on AO OB > Zab. and signed on its behalf by:

Mrs S Jones’ rustee

Page 4

Independent Examiner's Report to the Trustees of

Eventide Residential Home Limited

Independent examiner's report to the trustees of Eventide Residential Home Limited (‘the Company‘) | report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. | can confirm that | am qualified to undertake the examination because | am a registered member of ICAEW which is one of the listed bodies.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

‘Ls accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
1. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

PSS David Nigel Cox FCA ICAEW

Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX Date: (O.. 5:20

Page 5

Eventide Residential Home Limited

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 December 2020

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	962	25	987	1,896
Charitable activities	4
Care and relief ofthe elderly		548,253	-	548,253	574,023
Grants received		39,579	-	39,579	-
Investment income	3	878	-	878	274
Total		589,672	25	589,697	576,193
EXPENDITURE ON
Charitable activities	5
Care and reliefofthe elderly		567,516	-	567,516	505,820
NET INCOME		22,156	25	22,181	70,373
RECONCILIATION OF FUNDS
Total funds brought forward		236,275	130	236,405	166,032
TOTALFUNDSCARRIEDFORWARD		258,431	155	258,586	236,405

The notes form part of these financial statements

Page 6

Eventide Residential Home Limited (Registered number: 04130514)

Balance Sheet 31 December 2020

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	10	91,884	-	91,884	90,531
CURRENT ASSETS
Debtors	11	18,114	-	18,114	54,373
Cash at bank and in hand	12	174,168	155	174,323	112,090
		192,282	155	192,437	166,463
CREDITORS
Amounts falling due within one year	13	(25,735)	-	(25,735)	(20,589)
NETCURRENTASSETS		166,547	155	166,702	145,874
TOTALASSETS LESS CURRENT LIABILITIES		258,431	155	258,586	236,405
NETASSETS		258,431	155	258,586	236,405
FUNDS	15
Unrestricted funds:
General fund				258,431	236,275
Restricted funds				155	130
TOTALFUNDS				258,586	236,405

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The _ financial statements were approved by the Board of Trustees and authorised for issue on weed RSA... and were signed on its behalf by: Gh.

The notes form part of these financial statements

Page 7

Eventide Residential Home Limited

Cash Flow Statement for the Year Ended 31 December 2020

		2020	2019
	Notes	£	£
Cash flows from operating activities
Cash generated from operations	1	68,059	55,369
Net cash provided by operating activities		68,059	55,369
Cash flows from investing activities
Purchase oftangible fixed assets		(6,704)	(2,477)
Interest received		878	274
Net cash used in investing activities		(5,826)	(2,203)
Change in cash and cash equivalents in
the reporting period		62,233	53,166
Cash and cash equivalents at the
beginning ofthe reporting period		112,090	58,924
Cash and cash equivalents atthe end of
thereportingperiod		174,323	112,090

The notes form part of these financial statements

Page 8

Eventide Residential Home Limited

Notes to the Cash Flow Statement for the Year Ended 31 December 2020

1.	RECONCILIATION OF NET INCOME TO NETCASH FLOWFROM OPERATING	ACTIVITIES
		2020	2019
		£	£
	Net income forthe reporting period (as perthe Statement of Financial
	Activities)	22,181	70,373
	Adjustments for:
	Depreciation charges	5,350	4,909
	Interest received	(878)	(274)
	Decrease/(increase) in debtors	36,260	(21,209)
	Increase in creditors	5,146	1,570
	Net cash provided by operations	68,059	55,369
2.	ANALYSISOFCHANGESINNETFUNDS

	At 1.1.20	Cash flow	At 31.12.20
	£	£	£
Net cash
Cash at bank and in hand	112,090	62,233	174,323
	112,090	62,233	174,323
Total	112,090	62,233	174,323

The notes form part of these financial statements

Page 9

Eventide Residential Home Limited

ACCOUNTING POLICIES

Notes to the Financial Statements for the Year Ended 31 December 2020

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The Charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. See charity reference and administration details on the trustees report page 3.

Accounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Income

Income is recognised in the Statement of Financial Activities when the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Accommodation charges are recognised in the Statement of Financial Activities when the charity is legally entitled to the income and as the right to consideration is obtained through performance of contractual obligation. Income received in advance has been treated as deferred and is shown in note 13.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Interest and all other income is recognised when receivable and the amount can be measured reliably.

Grants received

Income from grants is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. irrecoverable VAT is charged as an expense against the activity for which the expenditure arose. Allocation and apportionment of costs Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative and payroll costs. Governance costs include those involved in the public accountability of the trust and its compliance with regulation and good practice.

The trustees believe that there is only one charitable activity and support costs have been allocated as per the analysis shown in note 6.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold property - 2% on cost (excluding Land)

continued...

Page 10

Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

ACCOUNTING POLICIES - continued

Tangible fixed assets

Other tangible fixed assets -10% on cost

Assets are not generally capitalised below a value of £250.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Details of contributions are shown in note 9.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Financial instruments

All financial instruments are recognised initially at transaction price excluding transaction costs and subsequently at amortised cost. These include cash at bank, debtors and creditors.

DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
	2020	2019
	£	£
Donations	987	1,896
INVESTMENT INCOME
	2020	2019
	£	&
Interestreceivedfromdeposits	878	274

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Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

	4.	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES
						2020	2019
				Care and
				relief of
				the elderly	Grants received	Total activities	Total activities
				£	£	£	£
		Accommodation charges		548,253	-	548,253	574,023
		Grants		-	39,579	39,579	-
				548,253	39,579	587,832	574,023
	5.	SUPPORT COSTS
						Support
					Direct Costs	costs (see note 6)	Totals
					£	£	£
		Care and reliefofthe elderly			478,157	89,359	567,516
	6.	SUPPORT COSTS
					Human	Governance
			Management		resources	costs	Totals
				£	£	£	£
		Care and relief ofthe elderly		83,523	588	5,248	89,359
:		Activity Management Finance	Basis of allocation Careand relief ofthe elderly Care and reliefofthe elderly
		Information technology	Care and reliefof	ofthe elderly
		Human resources	Care and relief	ofthe elderly
		Governance costs	Care and relief	ofthe elderly
		Support costs, included in the above, are as follows:
		Management

Management
	2020	2019
	Care and
	relief of
	the	Total
	elderly	activities
	£	£
Hire of plantand machinery	2,384	2,323
Rates and water	13,207	11,946
Insurance	3,885	3,715
Lightand heat	15,236	16,266
Telephone	518	466
Postage and stationery	2,767	2,469
Advertising	-	15
Training and welfare	2,438	3,760
Licences	2,612	2,558
Repairs and renewals	35,126	22,393
Depreciation of tangible and heritage assets	5,350	4,909
	83,523	70,820

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continued...

Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

6. SUPPORT COSTS - continued Human resources

Human resources
	2020	2019
	Care and
	relief of
	the	Total
	elderly	activities
	£	£
Professional fees	588	627
Governance costs
	2020	2019
	Care and
	relief of
	the	Total
	elderly	activities
	£	£
Trustees' expenses	7	19
Independent examiners’ costs	3,313	2,004
Accountancy and legal fees	1,928	886
	5,248	2,909
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	2020	2019
	£	£
Independent examiners’ costs	3,313	2,004
Depreciation - owned assets	5,351	4,909
Hireofplantandmachinery	2,384	2,323

TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.

Trustees’ expenses

2020		2019
£		£
	7	19

Included in trustees expenses are costs for committee meetings, these costs relate to all of the trustees.

9. STAFF COSTS

	2020	2019
	£	£
Wages and salaries	414,553	373,712
Social security costs	19,478	17,047
Pension costs	6,667	5,454
Agency costs	2,883	1,869
	443,581	398,082

The average monthly number of employees during the year was as follows

Head count - excluding trustees

2020 2019 32 30

continued...

Page 13

Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

STAFF COSTS - continued

No employees received emoluments in excess of £60,000.

The employee benefits of the key management personnel was £32,049 (2019: £29,690).

TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
		Plant and
	Land and	machinery
	buildings	etc	Totals
	£	£	£
COST
At 1 January2020	104,873	34,192	139,065
Additions	-	6,704	6,704
At 31 December2020	104,873	40,896	145,769
DEPRECIATION
At 1 January 2020	29,227	19,307	48,534
Charge foryear	2,806	2,545	5,351
At 31 December2020	32,033	21,852	53,885
NET BOOK VALUE
At31 December2020	72,840	19,044	91,884
At31December2019	75,646	14,885	90,531

Included in cost or valuation of land and buildings is freehold land of £2,000 (2019 - £2,000) which is not depreciated. The trustees recognise that there is a difference between the carrying value and the market value of the land and buildings. The property has a market value that is significantly higher than the carrying value. Due to the cost of doing so, no formal valuation has been carried out to quantify the difference.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	2020	2019
	£	£
Trade debtors	13,646	50,754
Accrued income	487	46
Prepayments	3,981	3,573
	18,114	54,373

CASH AT BANK AND IN HAND

				2020	2019
		General	Restricted	Total	Total
		fund	fund	funds	funds
		£	£	£	£
Cash in	hand	255	-	255	281
Current	account	33,459	155	33,614	21,792
Deposit	account	55,454	-	55,454	90,017
Charity	1 yearbond	85,000	-	85,000	-
Carried	forward	174,168	155	174,323	112,090

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Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

12. CASH AT BANK AND IN HAND - continued

				2020	2019
		General	Restricted	Total	Total
		fund	fund	funds	funds
		£	£	£	£
	Brought forward	174,168	155	174,323	112,090
	Total	174,168	155	174,323	112,090
13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2020	2019
				£	£
	Trade creditors			5,799	4,409
	Deferred income			10,916	9,006
	Accrued expenses			9,020	7,174
				25,735	20,589
14.	LEASINGAGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

			2020	2019
			£	£
	Within one year		2,438	2,309
	Between one and five years		7,262	8,660
			9,700	10,969
15.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.20	in funds	31.12.20
		£	£	£
	Unrestricted funds
	General fund	236,275	22,156	258,431
	Restricted funds
	Restricted fund
		130	25	155
	TOTALFUNDS	236,405	22,181	258,586

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Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	3	£	£
Unrestricted funds
General fund	589,672	(567,516)	22,156
Restricted funds
Restricted fund
	25	-	25
TOTAL FUNDS	589,697	(567,516)	22,181
Comparatives for movement in funds
		Net
		movement	At
	At 1.1.19	in funds	31.12.19
	£	£	£
Unrestricted funds
General fund	166,032	70,243	236,275
Restricted funds
Restricted fund
	=	130	130
TOTAL FUNDS	166,032	70,373	236,405
Comparative netmovement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	575,973	(505,730)	70,243
Restricted funds
Restricted fund
	220	(90)	130
TOTALFUNDS	576,193	(505,820)	70,373

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continued...

Eventide Residential Home Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2020

15. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined position is as follows:

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|||||| |---|---|---|---|---| |Net| |movement|At| |At|1.1.19|in|funds|31.12.20| |£|£|£| |Unrestricted|funds| |General|fund|166,032|92,399|258,431| |Restricted|funds| |Restricted|fund| |-|155|155| |TOTAL FUNDS|166,032|92,554|258,586|

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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

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||||||| |---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|1,165,645|(1,073,246)|92,399| |Restricted|funds| |Restricted|fund| |245|(90)|155| |TOTAL|FUNDS|1,165,890|(1,073,336|)|92,554|

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RELATED PARTY DISCLOSURES

Mr G Hodgson, a trustee, has a family member who controls Hodgson Insurance Services who acted as_ the insurance broker for the charity in the year. The amount of the insurance paid was £3,926 (2019: £3,799).

During the year a donation of £300 was received from Mrs J Westaway, a trustee.

17. GOING CONCERN

No material uncertainties exist in relation to the going concern of the charity.

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