||||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| ## ## ## ##