| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examineds |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | |||
| Notes to the Financial Statements | 10 | to | 16 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | E | E | 6 | |||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
2 | 1,306 | 1,306 | 1,310 | ||
| Charitable activities |
4 | |||||
| Care and relief ofthe elderly | 647,852 | 647,852 | 598,083 | |||
| Grants received | 12,423 | 12,423 | 24,288 | |||
| Investment income |
3 | 1,058 | 1,058 | 1,059 | ||
| Total | 662,639 | 662,639 | 822,698 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
5 | |||||
| Care and relief ofthe elderly | 645,06T | 645,067 | 588,415 | |||
| NET INCOME | 17,572 | 17,572 | 34,283 | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
292,869 | 292,869 | 258,586 | |||
| TOTAL FUNDS CARRIED FORWARD | 310,441 | 310,441 | 292,869 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | 6 | 6 | |||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 91,309 | 91,309 | 92,354 | |
| CURRENT ASSETS | |||||
| Debtors | 11 | 11,179 | 11,179 | 32,292 | |
| Cash at bank and in hand | 12 | 236,958 | 236,958 | 207,635 | |
| 248,137 | 248,137 | 239,927 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (29,005) | (29,005) | (39,412) | |
| NET CURRENT ASSETS | 219,132 | 219,132 | 200,515 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 310,441 | 310,441 | 292,869 | ||
| NET ASSETS | 310,441 | 310,441 | 292,869 | ||
| FUNDS | 15 | ||||
| Unrestricted funds: |
|||||
| General fund |
310,441 | 292,669 | |||
| TOTAL FUNDS | 310,441 | 292,869 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | 8 | 6 | |||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
33,544 | 38,967 | |||
| Net cash provided by operating activities |
33,544 | 38,967 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets |
(5,258) | (6,772) | |||
| Interest received | 1,037 | 1,117 | |||
| Net cash used in investing activities |
(4,221) | (5,655) | |||
| Change in cash and cash |
equivalents | in | |||
| the reporting period |
29,323 | 33,312 | |||
| Cash and cash equivalents | atthe | ||||
| beginning ofthe reporting |
pediod | 207,635 | 174,323 | ||
| Cash and cash equivalents | atthe end | of | |||
| the reporting period |
236,958 | 207,635 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Net income for the | reporting | period (as per the Statement of Financial | |||
| Activities) | 17,572 | 34,283 | |||
| Adjustments for: |
|||||
| Depreciation charges |
6,302 | 6,132 | |||
| Loss on disposal of | fixed assets | 170 | |||
| Interest received | (1,037) | (1,117) | |||
| Decrease/(increase) | in debtors | 21,114 | (14,178) | ||
| (Decrease)/increase | in creditors | (10,407) | 13,677 | ||
| Net cash provided | by operations | 33,544 | 38,967 | ||
| ANALYSIS OF CHANGES | IN NET FUNDS | ||||
| At 1.1.22 | Cash flow | At 31.12.22 | |||
| f | f | f | |||
| Net cash | |||||
| Cash at bank and in | hand | 207,635 | 29,323 | 236,958 | |
| 207,635 | 29,323 | 236,958 | |||
| Total | 207,635 | 29,323 | 236,958 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2022 | 2021f | |
| Donations | 1,306 | 1,310 |
| INVESTMENT INCOME | ||
| 2022 | 2021 | |
| 5 | ||
| Interest received from deposits | 1,058 | 1,059 |
| INCOME FROM | CHARITABLE ACTIV | ITIES | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Care and | |||||
| relief of | |||||
| the | Grants | Total | Total | ||
| elderly f |
received f |
activities f |
activities f |
||
| Accommodation | charges | 647,852 | 647,852 | 596,063 | |
| Grants | 12,423 | 12,423 | 24,266 | ||
| 647,852 | 12,423 | 660,275 | 620,329 |
| f | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cornwall | Council COVID-19 recruitment | and retention | grant | 8,657 | |||||||
| Comwall | Council COVID-19 rapid testing | fund | 2,416 | ||||||||
| Comwall | Council COVID-19infection control fund | 1,165 | |||||||||
| Department | ofHealth and Social Care - Clinically | Extremely | Vulnerable | Grant | 185 | ||||||
| SUPPORT COSTS | |||||||||||
| Support | |||||||||||
| Direct | costs (see | ||||||||||
| Costs f |
note 6) f |
Totals | |||||||||
| Care and | relief ofthe elderly | 552,298 | 92,769 | 645,067 | |||||||
| SUPPORT COSTS | |||||||||||
| Human | Governance | ||||||||||
| Management f |
resources f |
costs f |
Totals f |
||||||||
| Care and | relief ofthe elderly | 87,632 | 723 | 4,414 | 92,769 | ||||||
| Support costs, included | in the above, are as follows: | ||||||||||
| Management | |||||||||||
| 2022 | 2021 | ||||||||||
| Care and | |||||||||||
| relief of | |||||||||||
| the | Total | ||||||||||
| elderly f |
activities f |
||||||||||
| Hire ofplant and machinery Rates and water |
2,560 13,845 |
2,440 14,865 |
|||||||||
| Insurance | 4,785 | 4,252 | |||||||||
| Light and | heat | 16,895 | 16,868 | ||||||||
| Telephone | 1,742 | 585 | |||||||||
| Postage and | stationery | 1,542 | 1,945 | ||||||||
| Advertising | 50 | 26 | |||||||||
| Sundries | 481 | ||||||||||
| Training and |
welfare | 3,930 | 2,807 | ||||||||
| Licences | 2,547 | 2,481 | |||||||||
| Repairs and | renewals | 33,434 | 30,422 | ||||||||
| Depreciation | oftangible | and heritage assets | 6,302 | 6,132 | |||||||
| Loss on sale | oftangible | fixed assets | 170 | ||||||||
| 87,632 | 83,474 |
| SUPPORT | COSTS - continued | COSTS - continued | ||
|---|---|---|---|---|
| Human resources |
||||
| 2022 | 2021 | |||
| Care and | ||||
| relief of | ||||
| the | Total | |||
| elderly 6 |
activities f |
|||
| Professional | fees | 723 | 625 | |
| Governance | costs | |||
| 2022 | 2021 | |||
| Care and | ||||
| relief of | ||||
| the | Total | |||
| elderiy | activities | |||
| 6 | ||||
| Trustees' expenses | 64 | 13 | ||
| Independent | examiners' | costs | 2,448 | 2,053 |
| Accountancy | and legal | fees | 1,902 | 988 |
| 4,414 | 3,054 | |||
| NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated afier charging/(crediting): | |||
| 2022f | 2021 | |||
| Independent | examiners' | costs | 2,448 | 2,053 |
| Depreciation | - owned assets | 6,303 | 6,132 | |
| Hire ofplant | and machinery | 2,560 | 2,440 | |
| Deficit on disposal offixed assets | 170 |
| STAFF COS | TS | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| Wages and salades | 474,405 | 437,265 | |||
| Social security costs | 26,427 | 21,791 | |||
| Pension costs | 6,034 | 5,646 | |||
| Agency costs | 6,027 | 224 | |||
| 512,893 | 464,926 | ||||
| The average | monthly | number ofemployees | during the year was as follows | ||
| 2022 | 2021 | ||||
| Headcount - | excluding | trustees | 32 | 31 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Plant and | |||
| Land and | machinery | ||
| buildings f |
etcf | Totals 6 |
|
| COST | |||
| At 1 January 2022 | 109,853 | 39,165 | 149,018 |
| Additions | 5,258 | 5,258 | |
| At 31 December 2022 | 109,853 | 44,423 | 154,276 |
| DEPRECIATION | |||
| At 1 January 2022 | 35,316 | 21,348 | 56,664 |
| Charge for year | 3,303 | 3,000 | 6,303 |
| At 31 December 2022 | 38,619 | 24,348 | 62,967 |
| NET BOOK VALUE | |||
| At 31 December 2022 | 71,234 | 20,075 | 91,309 |
| At 31 December 2021 | 74,537 | 17,817 | 92,354 |
| DEBTO | RS:AMOUNTS FALLING DUE WITHIN ONE YEA |
R | |
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | 6 | ||
| Trade debtors | 6,368 | 27,723 | |
| Accrued | income | 450 | 429 |
| Prepayments | 4,361 | 4,140 | |
| 11,179 | 32,292 | ||
| CASH AT BANK AND IN HAND | |||
| 2022 | 2021 | ||
| Total | Total | ||
| funds | funds | ||
| 6 | 6 | ||
| Cash in | hand | 269 | 193 |
| Current | account | 94,081 | 65,871 |
| Deposit | account | 55,507 | 55,460 |
| Charity | 1 year bond | 87,101 | 86,111 |
| Total | 236,958 | 207,635 |
| 2022 | 2021 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 8 | ||||||||||||||
| Trade creditors | 7,160 | 10,977 | |||||||||||||
| Deferred income | 18,801 | 23,510 | |||||||||||||
| Accrued expenses | 3,044 | 4,925 | |||||||||||||
| 29,005 | 39,412 | ||||||||||||||
| Deferred income | is the result offunds being received | in advance. | This is calculated | as follows: | |||||||||||
| 2022 | 2021 | ||||||||||||||
| f | 5 | ||||||||||||||
| Accommodation | charges | received | in advance | 18,801 | 23,177 | ||||||||||
| Grant income | (conditions | not met) | 333 | ||||||||||||
| 18,801 | 23,510 | ||||||||||||||
| All ofthe 2021 | deferred income was released | in | 2022. | ||||||||||||
| LEASING AGREEMENTS | |||||||||||||||
| Minimum lease |
payments | under non-cancellable | operating | leases | fall | due as follows: | |||||||||
| 2022 | 2021 | ||||||||||||||
| 6 | 6 | ||||||||||||||
| Within one year | 2,626 | 2,543 | |||||||||||||
| Between one | and five years | 2,023 | 4,432 | ||||||||||||
| 4,649 | 6,975 | ||||||||||||||
| MOVEMENT | IN FUNDS | ||||||||||||||
| Net | |||||||||||||||
| movement | At | ||||||||||||||
| At 1.1.22 f |
in funds 6 |
31.12.22 f |
|||||||||||||
| Unrestricted | funds | ||||||||||||||
| General fund |
292,869 | 17,572 | 310,441 | ||||||||||||
| TOTAL FUNDS | 292,869 | 17,572 | 310,441 | ||||||||||||
| Net movement | in | funds, | included | in | the above | are as | follows: | ||||||||
| Incoming | Resources | Movement | |||||||||||||
| lesources f |
expended 6 |
in | funds 6 |
||||||||||||
| Unrestricted | funds | ||||||||||||||
| General fund | 662r639 | (645,067) | 17,572 | ||||||||||||
| TOTAL FUNDS | 662,639 | (645,067) | 17,572 |
| Comparatives | for moveme | nt in fun |
ds | |||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.1.21 | in funds | 31.12.21 | ||||
| E | 5 | 5 | ||||
| Unrestricted | funds | |||||
| General fund | 258,431 | 34,438 | 292,869 | |||
| Restricted funds | ||||||
| Restricted fund | ||||||
| 155 | (155) | |||||
| TOTAL FUNDS | 258,586 | 34,283 | 292,869 | |||
| Comparative | net movement | in funds, | included | in the above are as follows: | ||
| Incoming | Resources | Movement | ||||
| resources f |
expended E |
in funds 5 |
||||
| Unrestricted | funds | |||||
| General fund |
622,698 | (588,260) | 34,438 | |||
| Restricted funds | ||||||
| Restricted fund |
||||||
| (155) | (155) | |||||
| TOTAL FUNDS | 622,698 | (588,415) | 34,283 |