2021-12-31-accounts

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		10	to	18

						2021	2020
				Unrestricted	Restricted	Total	Total
			Notes	funds f	fund f	funds f	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies				1,310		1,310	987
Charitable activities
Care and relief ofthe	elderly			596,063		596,063	548,253
Grants received				24,266		24,266	39,579
Investment income				1,059		1,059	878
Total				622,698		622,698	589,697
EXPENDITURE ON
Charitable activities
Care and relief ofthe	elderly			588,260	155	588,415	567,516
NET INCOME/(EXPENDITURE)				34,438	(155)	34,283	22,181
RECONCILIATION OF FUNDS
Total funds brought	forward			258,431	155	258,586	236,405
TOTAL FUNDS CARRIED FORWARD				292,869		292,869	258,586

					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	fund	funds	funds
		Notes	F	E		F
FIXEDASSETS
Tangible assets		10	92,354		92,354	91,884
CURRENT ASSETS
Debtors		11	32,292		32,292	18,114
Cash at bank and	in hand	12	207,635		207,635	174,323
			239,927		239,927	192,437
CREDITORS
Amounts falling due within one year		13	(39,412)		(39,412)	(25,735)
NET CURRENT ASSETS			200,515		200,515	166,702
TOTAL ASSETS LESSCURRENT LIABILITIES			292,869		292,869	258,586
NET ASSETS			292,869		292,869	258,586
FUNDS		15
Unrestricted funds:
General fund					292,869	258,431
Restricted funds						155
TOTAL FUNDS					292,869	258,586

				2021	2020
			Notes		E
Cash flows from operating	activities
Cash generated from operations				38,967	68,546
Net cash provided by operating activities				38,967	68,546
Gash flows from investing	activities
Purchase oftangible fixed assets				(6,772)	(6,704)
Interest received				1,117	391
Net cash used in investing activities				(5,655)	(6,313)
Change in cash and cash	equivalents	in
the reporting period				33,312	62,233
Cash and cash equivalents	at the
beginning ofthe reporting	period			174,323	112,090
Cash and cash equivalents	at the end	of
the reporting period				207,635	174,323

RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	OF NET INCOME TO NET CASH FLOW FROM OPERATING	ACTIVITIES
					2021	2020
					E	F
Net income for the		reporting		period (as per the Statement ofFinancial
Activities)					34,283	22,181
Adjustments for:
Depreciation charges					6,132	5,350
Loss on disposal of		fixed assets			170
Interest received					(1,117)	(391)
(Increase)/decrease		in debtors			(14,178)	36,260
Increase in creditors					13,677	5,146
Net cash provided		by operations			38,967	68,546
ANALYSIS OF CHANGES			IN NET FUNDS
				At 1.1.21	Cash Row	At 31.12.21
				f
Net cash
Cash at bank and	in	hand		174,323	33,312	207,635
				174,323	33,312	207,635
Total				174,323	33,312	207,635

DONATIONS AND LEGACIES
	2021	2020
		E
Donations	1,310	987
INVESTMENT INCOME
	2021	2020
		E
interest received from deposits	1,059	878

INCOME FROM	CHARITABLE ACTIV	ITIES
				2021	2020
		Care and
		relief of
		the	Grants	Total	Total
		elderly	received	activities	activities
		F	E	E	F
Accommodation	charges	596,063		596,063	548,253
Grants			24,266	24,266	39,579
		596,063	24,266	620,329	587,832

Cornwall council COVID-19 infection control fund	Cornwall council COVID-19 infection control fund					11,040
Cornwall council COVID-19 rapid testing	fund					10,780
Department of Health and Social Care-	Clinically	Extremely	Vulnerable	Grant		1,800
HMRC- Furlough receipts						454
HMRC- SSPgrant						192
SUPPORT COSTS
					Support
				Direct	costs (see
				Costs	note 6)	Totals
Care and relief ofthe elderly				501,262	87,153	588,415
SUPPORT COSTS
				Human	Governance
		Management		resources	costs	Totals
		F		F	F	E
Care and relief ofthe elderly		83,474		625	3,054	87,153

Management
	2021	2020
	Care and
	relief of
	the	Total
	elderly	activities
		E
Hire of plant and machinery	2,440	2,384
Rates and water	14,865	13,207
Insurance	4,252	3,885
Light and heat	16,868	15,236
Telephone	585	518
Postage and stationery	1,945	2,767
Carried forward	40,955	37,997

Management	Management	Management	-continued	-continued
						2021	2020
						Care and
						relief of
						the	Total
						elderly	activities
							F
Brought		forward				40,955	37,997
Advertising						26
Sundries						481
Training		and	welfare			2,807	2,438
Licences						2,481	2,612
Repairs		and	renewals			30,422	35,126
Depreciation			oftangible	and heritage assets		6,132	5,350
Loss on		sale	oftangible	fixed assets		170
						83,474	83,523
Human	resources
						2021	2020
						Care and
						relief of
						the	Total
						elderly	activities
							F
Professional			fees			625	588
Governance			costs
						2021	2020
						Care and
						relief of
						the	Total
						elderly	activities
						F
Trustees'		expenses				13	7
Independent			examiners'	costs		2,053	3,313
Accountancy			and legal	fees		988	1,928
						3,054	5,248
NET INCOME/(EXPENDITURE)
Net income/(expenditure)					is stated after charging/(crediting):
						2021	2020
							F
Independent			examiners'	costs		2,053	3,313
Depreciation			- owned assets			6,132	5,351
Hire of plant			and machinery			2,440	2,384
Deficit on		disposal offixed			assets	170

Trustees' expenses
										2021f	2020f
Trustees' expenses										13
Included in trustees expenses are costs for			committee			meetings,		these costs relate to all		ofthe trustees.
STAFF COSTS
										2021	2020
										f
Wages and salaries									436,619		414,553
Social security costs										21,791	19,476
Pension costs										5,646	6,667
Agency costs										224	2,883
									464,280		443,581
The average monthly	number ofemployees		during		the	year was		as follows
										2021	2020
Head count - excluding	trustees									30	32
No employees received emoluments		in excess		of	f60,000.
The employee benefits	ofthe key management			personnel			was f31,237 (2020:f32,049).
TANGIBLE FIXEDASSETS
									Plant and
								Land and	machinery
								buildings		etcf	Totals f
COST
At 1 January 2021								104,873		40,896	145,769
Additions								4,980		1,792	6,772
Disposals										(3,523)	(3,523)
At 31 December 2021								109,853		39,165	149,018
DEPRECIATION
At 1 January 2021								32,033		21,852	53,885
Charge for year								3,283		2,849	6,132
Eliminated on disposal										(3,353)	(3,353)
At 31 December 2021								35,316		21,348	56,664
NET BOOK VALUE
At 31 December 2021								74,537		17,817	92,354
At 31 December 2020								72,840		19,044	91,884

DEBT	ORS:AMOUNTS F	ALLING DUE WITHIN ONE YEAR
			2021	2020
			f	f
Trade	debtors		27,723	13,646
Accrued income			429	487
Prepayments			4,140	3,981
			32,292	18,114
CASH	AT BANK AND IN	HAND
			2021	2020
			Total	Total
			funds	funds
			f
Cash	in hand		193	255
Current account			65,871	33,614
Deposit account			55,460	55,454
Charity 1 year bond			86,111	85,000
Total			207,635	174,323
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			2021	2020
				f
Trade	creditors		10,977	5,799
Deferred income			23,510	10,916
Accrued expenses			4,925	9,020
			39,412	25,735

Deferred income	is the re	sult offu	nds being received in advance.	This is calculated as follows:
				2021f	2020 f
Accommodation	charges	received	in advance	23,177	10,389
Grant income (conditions		not met)		333	527
				23,510	10,916

14.	LEASING AGR	LEASING AGR	EEMENT	S	S
	Minimum lease		payments	under		non-cancellable	operating	leases fall due as follows:
									2021	2020
									E	F
	Within one year								2,543	2,438
	Between one	and five years							4,432	7,262
									6,975	9,700
15.	MOVEMENT	IN FUNDS
									Net
									movement	At
								At 1.1.21	in funds	31.12.21
								E	f
	Unrestricted	funds
	General fund							258,431	34,438	292,869
	Restricted funds
	Restricted fund
								155	(155)
	TOTAL FUNDS							258,586	34,283	292,869
	Net movement		in funds,	included		in the above are	as follows:
								Incoming	Resources	Movement
								resources f	expended	in funds f
	Unrestricted	funds
	General fund							622,698	(588,260)	34,438
	Restricted funds
	Restricted fund
									(155)	(155)
	TOTAL FUNDS							622,698	(588,415)	34,283
	Comparatives		for movement		in	funds
									Net
									movement	At
								At 1.1.20	in funds	31.12.20
									E	E
	Unrestricted	funds
	General fund							236,275	22,156	258,431
	Restricted funds
	Restricted fund
								130	25	155
	TOTAL FUNDS							236,405	22,181	258,586

Comparative	net moveme	nt in funds, included in the	above are	as fol	lows:
					Incoming	Resources		Movement
					resources	expended		in funds
Unrestricted	funds
General fund					589,672	(567,516)				22,156
Restricted funds
Restricted fund
										25
TOTAL FUNDS					589,697	(567,516)				22,181
A current year	12months	and prior year 12months	combined	position	is as follows:
							Net
						movement				At
					At 1.1,20 f		in funds F	31.12.21 f
Unrestricted funds
General fund					236,275		56,594	292,869
Restricted funds
Restricted fund
					130		(130)
TOTAL FUNDS					236,405		56,464	292,869
A current year	12 months	and prior year 12 months	combined	net movement		in funds,	included	in the	above		a
as follows:
					Incoming	Resources		Movement
					resources	expended		in		funds
										F
Unrestricted funds
General fund				1,212,370		(1,155,776 )				56,594
Restricted funds
Restricted fund
					25		(155)			(130)
TOTAL FUNDS				1,212,395		(1,155,931 )				56,464