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Acorn Community Care
(A Company Charity limited by guarantee)
(Charity Registration Number 1095207)
(Registered Company Number 4528689)
Annual Report & Financial Statements for the year ended
31st March 2024
Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(A Company Charity limited by guarantee)
Contents
| Index | Page |
|---|---|
| Directors (Trustees) Annual Report | 1-6 |
| Auditors Report | 7-9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Statement of Cash Flows | 12 |
| Notes to the Accounts | 13-21 |
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Directors' Report (incorporating the Trustees' Annual Report)
For the year ended: 31st March 2024
The Board of Trustees, who are also Directors of the charity for the purpose of the Companies Act 2006, present their annual report and financial statements for the year ended 31st March 2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 (FRS 102) (effective 1 January 2015).
Objectives and activities
Acorn Community Care provides regulated and unregulated support to adults with Learning disabilities either in their home environment or at our day service farm in Ryedale, Norton Yorkshire. The Charity aims to follow its financial objectives in order to improve the quality of life for its beneficiaries.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the objectives and activities and in the planning of future activities. It is the judgement of trustees that activities in pursuit of the above objectives fully meet the public benefit test, which they have kept in mind in planning activities for the charity.
In delivering services and in the appointment of staff, volunteers and trustees, the charity operates a strict policy of no discrimination on any grounds.
Achievements and performance
Day Services
Throughout the reporting year, the day service at Whinflower Hall has warmly welcomed new individuals to our farm. These individuals have seamlessly integrated into the Acorn Family and quickly established themselves as valued members. This serves as a testament to the effectiveness of our day services, which provide a nurturing environment for learning and personal growth. We firmly believe in the importance of continuity and the seamless support we offer, ensuring a smooth and empowering journey for those we support.
Continuous building improvements have been ongoing around the farm. The main barns and improved toilet facilities are close to completion, and a new septic tank has been installed and is now operational.
This year, we also rescued ex-battery hens that now live free-range on our farm. The people we support take the eggs home, which has proven popular. Our polytunnel and allotment have provided us with a bountiful supply of fresh fruit and vegetables, contributing to the well-being and nutrition of our beneficiaries.
We have addressed the need for repairs by fixing the driveway and car park, ensuring a safer and more accessible environment for everyone.
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During this reporting year a decision was made to create a specialist service that runs alongside our existing day time provision. This bespoke support arrangement is designed to meet the needs of individuals with more complex health arrangements. Our team of staff are highly trained and have a wealth of experience, ensuring that we provide the highest level of care and support. This specialist service is also going to be extended into our supported living, providing continuity and specialised care for individuals with complex needs.
Supported Living
This year, we have made significant strides in expanding and enhancing our supported living services.
We have secured a lease on a new property in Malton, which will fall under the specialist support team. This initiative aims to provide specialised care for individuals with complex needs, ensuring that we continue to offer the highest level of support.
Meanwhile, the renovation work on the property in Pickering has faced delays, pushing its opening to early 2025. Despite these delays, we remain committed to ensuring that this new home will meet the high standards we set for all our services.
Our recruitment drive has been exceptionally successful, resulting in the addition of several new, highly valued members to our team. These new recruits bring fresh energy and skills to our organisation, bolstering our ability to provide exceptional care. Additionally, three of our service managers have completed their Level 5 Diploma in Leadership in Health and Social Care. This achievement not only highlights their dedication to professional development but also enhances our leadership capacity, ensuring that our teams are well-supported and effectively managed.
We now have senior support workers in post who assist service managers with the demands of managing a successful supported living service. These senior support workers are currently pursuing diplomas to improve their knowledge and skills, further enhancing the quality of support we offer.
The positive feedback from the people we support and their families has been equally gratifying. Their testimonials highlight the caring and supportive environment we strive to create, reinforcing the success of our efforts. We remain dedicated to maintaining and improving these high standards, continuously seeking ways to enhance the quality of life for all individuals in our supported living services.
Overall Charity
The role of the peripatetic support worker has been a notable success, and we plan to expand this team further. This initiative has allowed us to maintain high standards of care without the need for expensive agency staff, ensuring consistency and quality in the support we provide.
Our Head of Operations has been in post for one year and continues to play an important role in the current and future success of the charity. Their leadership has been instrumental in driving forward our strategic objectives and improving operational efficiency.
This year, we rolled out a new pension scheme for our staff. Each staff member received an opportunity for a one-to-one session with a financial advisor, which was very well received. The positive feedback from our team has been encouraging and has significantly contributed to the retention of skilled staff within our organisation.
The charity has been actively increasing its visibility by having stands at various shows. Additionally, our new fundraising manager has organised successful events such as a comedy night and a music night, which have helped raise both awareness and funds for the charity.
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Despite these successes, we have faced frustrations due to a below-inflation uplift from our host local authority. To address this, the Board of Trustees agreed to use reserve funds not only to meet the 2024/25 wage increase but also to remain competitive in our sector. This decision underscores our commitment to supporting our dedicated staff and maintaining the high quality of care we provide.
Financial Review
The results for the year ending 31st March 2024 show an overall surplus in year of £110,753, comprising; a surplus of £151,435 on unrestricted funds; a deficit of £46,970 on designated funds and a surplus of £6,288 on restricted funds before transfers. The surplus in year on unrestricted funds reflects increases in all areas; in particular, an increase in supporting living rental income which has more than doubled; increases in fundraising and donations and an almost trebling of interest earned on cash reserves. Plus there have been two core grants; a market supplement grant and one resulting from a sustainability application. The deficit on designated funds reflects the spending this year of previously approved planned improvements to site regarding the extra power supply and treatment plant. The surplus on restricted funds in year reflects the receipt of two capital grants, one for a defibrillator and the other towards the refurbishment of a new supported living premises. These have been spent in year and as they are capital assets will be depreciated over their useful life. As the funds have been spent, the restriction on use is lifted and they will be depreciated under unrestricted funds, hence the transfer between reserves. This year a further transfer of £115,570 has been made from unrestricted general reserves to designated reserves to take account of an increasing redundancy/wind down provision, a provision to complete the Potter Hill project and a new one for a new premises - Barton Cottage, a provision for the new pay rises in 2024/25 and a resilience contingency to enable the charity to retain staff for a short period in the event of a sudden loss of contract. These are detailed further under note 16.2.
This brings the total cumulative position of reserves to £550,004 comprising £144,578 unrestricted funds; £398,126 designated funds and £7,300 restricted funds.
The level of free reserves, that is those unrestricted funds not tied up in tangible fixed assets, nor held in designated funds, stands at £41,414 at 31st March 2024. Given that there has been a comprehensive review of the requirements of the designated reserve, the trustees believe that this level of free reserves is reasonable to ensure that the charity can meet any unexpected calls on funds or indeed opportunities that may present themselves over the forthcoming year.
The trustees are confident that the charitable company will be able to meet its liabilities as they fall due in the forthcoming year. Accordingly, these accounts have been prepared on a going concern basis.
Plans for the future
Looking ahead, we have several exciting plans that aim to enhance our services and support for individuals with learning disabilities.
We plan to introduce new alpacas to our day services. These alpacas will be part of our alpaca trekking activities, providing enjoyable and therapeutic experiences for the people we support. Additionally, we are getting two female alpacas for breeding purposes, this will enrich the learning and development to the people we support.
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We are close to securing a lease on Barton Cottage. This new facility will be a specialist support service designed to meet the needs of individuals with more complex needs. Our aim is to create a safe, supportive environment where specialised care can be provided.
Although there have been hold-ups with the restoration of the property in Pickering, we plan to have it open by early 2025. This new facility will provide additional opportunities for individuals requiring supported living, furthering our mission to offer quality care and support.
We have a mock CQC inspection planned, and our goal is to achieve an "Outstanding" rating. The inspection will help us identify areas for improvement and demonstrate our commitment to providing the highest quality of care.
To further improve our support and services, we are appointing a Quality and Development Manager. This role will be crucial in driving quality improvements across the charity, ensuring that we continue to deliver exceptional care and support.
These plans align with our overarching goal of enhancing the quality of life for individuals with learning disabilities. By investing in new initiatives, expanding our services, and prioritising quality improvements, we are actively working towards creating a more inclusive and supportive environment for those we serve.
We will continue to lobby with the funding authorities to attempt to make uplifts sustainable for the future. This advocacy is essential to ensure that we can maintain competitive wages and provide the high-quality support that the people we support deserve. By securing sustainable funding, we can continue to invest in our staff and services, ensuring the long-term success and impact of our charity.
Structure, governance and management
Acorn Community Care is a non profit making company limited by guarantee and a charity governed by the Memorandum and Articles of Association with all the trustees of the charity being directors of the company.
At the Annual General Meeting all trustees resign and then nominations are made and seconded to elect trustees for the year ahead.
New trustees undergo an induction meeting whereby they gain a greater understanding of how the charity operates and ongoing training to help ensure they understand their legal obligations under charity and company law and the financial performance of the organisation. The trustees continue to keep in touch with the charity and its current services and building projects. The charitable company is governed by its trustees with day to day management delegated to the Chief Officer.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
The remuneration policy is to benchmark salaries against similar roles in the sector and to implement statutory changes where appropriate. An appraisal process is in place for all staff, undertaken by line managers and regular supervision undertaken for all staff.
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Reference and administrative details Charity name Acorn Community Care Other name(s) the charity is known by The company changed its registered name on the 17th Change of Name October 2009 from Acorn Services (North Yorkshire) Registered as a Company on 06/09/2002 Registered as a Charity on 03/01/2003 Registered Company number 4528689 (England and Wales) Registered Charity number 1095207 Charity's principal address Whinflower Hall (& registered office) Scarborough Road Norton, Malton YO17 8EE Auditors Millet Accountants Ltd Beyond Aldgate Tower 2 Leman St, London E1 8FA Banks CAF Bank Ltd Hampshire Trust Bank 25 Kings Hill Avenue 55 Bishopsgate West Malling, Kent London ME19 4JQ EC2N 3AS Charity Bank Virgin Money Fosse House 46 Coney Street 182 High Street York Tonbridge 9NQ TN9 1BE
Names of the directors (trustees) who manage the charity
(unless indicated otherwise all are trustees and directors)
| Trustee Name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|
| F Walls Chair (to 8/5/24) Resigned 08/05/2024 M P Harrison Chair (from 15/8/24 ) Appointed 08/05/2024 T Bell S Neal C Storr Secretary R Holliday |
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Trustees' responsibilities in relation to the financial statements
The charity trustees (who are also the directors of Acorn Community Care for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the Board of Trustees, who are directors for the purpose of company law, and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 4.
Disclosure of information
In so far as the trustees are aware at the time of approving our trustees' annual report:
-
there is no relevant information of which the charity's Auditor is unaware;
-
as directors of the company, they have taken the necessary steps to be aware of the information, which would be relevant for audit purposes and have communicated them to the Auditor.
Declaration
The trustees declare that they have approved the trustees' report above Signed on behalf of the charity's trustees
06 January 2025 929B1485849E437... R Holliday, chair Date Signed by: 06 January 2025 ~~(ty bul~~ T Bell, trustee Date
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Independent auditor’s report to the trustees of Acorn Community Care Limited
Opinion
We have audited the financial statements of Acorn Community Care Limited] (the “Charity”) for the year ended 31[st ] March 2024 which comprise the statement of Financial Activities, Balance Sheet, Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
-
give a true and fair view of the state of the Charity’s affairs as at 31[st] March 2024 and of its income and expenditure for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
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the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
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the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Charity’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us;
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the financial statements are not in agreement with the accounting records and returns;
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we have not obtained all the information and explanations necessary for the purposes of our audit;
Responsibilities of the trustees
As explained more fully in the trustees’ responsibilities statement set out on page 5, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
The trustees have elected for the financial statements to be audited in accordance with the Charities Act 2011 rather than the Companies Act 2006. Accordingly, we have been appointed as auditor under section 144* of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the institute’s internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.
• Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the institute’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the institute to cease to continue as a going concern.
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• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence regarding the financial information of the entities or charities activities within the institute to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the institute audit. We remain solely responsible for our audit opinion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: [www.frc.org.uk/auditorsresponsibilites]. This description forms part of our auditor’s report.
Use of our report
This report is made solely to the Charityʼs trustees, as a body, in accordance with section 144* of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charityʼs trustees those matters we are required to state to them in an auditorʼs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charityʼs trustees as a body, for our audit work, for this report, or for the opinions we have formed.
06 January 2025
Andrew Millet BA MBA FCA (Senior Statutory Auditor)
For and on behalf of Millet Accountants Ltd Chartered Accountants and Statutory Auditors Beyond Aldgate Tower 2 Leman Street London, England, E1 8FA
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Acorn Community Care
(Charity Registration Number 1095207)
Statement of Financial Activities for the year ended:
31st March 2024
(incorporating the Income & Expenditure Account)
| Note Income and endowments from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total income and endowments Expenditure on: Raising funds Total expenditure 7 Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward Net income/(expenditure) Charitable activities Reconciliation of funds |
Note Income and endowments from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total income and endowments Expenditure on: Raising funds Total expenditure 7 Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward Net income/(expenditure) Charitable activities Reconciliation of funds |
2024 | 2023 |
|---|---|---|---|
| Unrestricted Designated Restricted Total funds funds funds Funds £ £ £ £ 4,019 - - 4,019 2,101,570 - 8,200 2,109,770 7,630 - - 7,630 8,214 - - 8,214 |
Unrestricted Designated Restricted Total funds funds funds Funds £ £ £ £ 2,944 - - 2,944 1,706,902 - - 1,706,902 3,820 - - 3,820 2,876 - - 2,876 |
||
| 2,121,433 - 8,200 2,129,633 |
1,716,542 - - 1,716,542 |
||
| 4,733 - - 4,733 1,965,265 46,970 1,912 2,014,147 |
7,538 - - 7,538 1,696,952 15,033 7,727 1,719,712 |
||
| 1,969,998 46,970 1,912 2,018,880 |
1,704,490 15,033 7,727 1,727,250 |
||
| 151,435 (46,970) 6,288 110,753 |
12,052 (15,033) (7,727) (10,708) |
||
| (109,282 ) 115,570 (6,288 ) - |
- - - - |
||
| 42,153 68,600 - 110,753 |
12,052 (15,033) (7,727) (10,708) |
||
| 102,425 329,526 7,300 439,251 |
90,373 344,559 15,027 449,959 |
||
| 144,578 398,126 7,300 550,004 |
102,425 329,526 7,300 439,251 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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Acorn Community Care
(Charity Registration Number 1095207)
| Balance Sheet as at: | 31st March 2024 | |||
|---|---|---|---|---|
| Note | 2024 | 2023 | ||
| Fixed Assets | £ | £ | ||
| Tangible assets | 103,164 | 67,720 | ||
| Total Fixed Assets | 12 | 103,164 | 67,720 | |
| Current Assets | ||||
| Cash at bank and in hand | 13 | 585,245 | 472,092 | |
| Debtors & prepayments | 14 | 76,257 | 75,673 | |
| Total Current Assets | 661,502 | 547,765 | ||
| Current Liabilities: Amounts falling due | Current Liabilities: Amounts falling due | |||
| within one year | ||||
| Creditors and accruals | 15 | 178,687 | 130,126 | |
| Net Current Assets/(Liabilities) | 482,815 | 417,639 | ||
| Current Liabilities: Amounts falling due | Current Liabilities: Amounts falling due | |||
| after more than one year | ||||
| Creditors and accruals | 15 | 35,975 | 46,108 | |
| Net Assets/(Liabilities) | 550,004 | 439,251 | ||
| Funds of the Charity | 16 | |||
| Unrestricted Funds (General) | 144,578 | 102,425 | ||
| Unrestricted Funds (Designated) | 398,126 | 329,526 | ||
| Restricted Funds | 7,300 | 7,300 | ||
| Total Funds Carried Forward | 16 | 550,004 | 439,251 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The directors (trustees) acknowledge their responsibilities for:
i) ensuring the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006; and
ii) preparing financial statements which give a true and fair view of the state of affairs of the company at the end of each financial year and of its profit and loss 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 company.
These financial statements have been audited under the requirements of Section 144 of the Charities Act 2011.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard FRS102.
The financial statements were approved by the trustees and signed on their behalf by:
| Signed by: ~~[nil Susan. Hollidaw~~ |
06 January 2025 | |
|---|---|---|
| ~~[nil Susan. Hollidaw~~ | ||
| R Holliday, chair | Date | |
| Signed by: | 06 January 2025 | |
| 18A2F748C3504F9... | ||
| T Bell, trustee | Date |
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Acorn Community Care
(Charity Registration Number 1095207)
| Statement of Cash Flows for the year ending: 31st March Note 2024 £ Cash used in operating activities 18 169,092 Cash flows from investing activities Interest income 8,214 Proceeds from sale of tangible fixed assets - Purchase of tangible fixed assets (64,153 ) Cash provided by (used in) investing activities (55,939) Cash used in financing activities - Increase (decrease) in cash and cash equivalents in the year 113,153 Cash and cash equivalents at the beginning of the year 472,092 Total cash and cash equivalents at the end of the year 585,245 |
2024 2023 £ 50,748 |
|---|---|
| 2,876 - (55,666 ) |
|
| (52,790) | |
| - (2,042 ) 474,134 |
|
| 472,092 |
All of the cash flows are derived from continuing operations during the above two periods.
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Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
1 Basis of preparation
The financial statements have been prepared in accordance with 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 1st January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatement was required, therefore no reconciliation of adjustments on transition to FRS 102 in 2016/17 was required.
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees are confident that the charitable company will be able to meet its liabilities as they fall due in the forthcoming year. Accordingly, these accounts have been prepared on a going concern basis.
2 Accounting policies
Income and endowments
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
the trustees are sufficiently certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations
Grants and donations are only included in the SoFA when the charity has evidence of entitlement to the resources and receipt is probable.
Income from Government
The charity has received income from the government in the reporting period.
Contractual income and performance related grants
In the case of contractual income and performance related grants, income is only recognised once the charity has provided the specified services or performance related conditions.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the Trustees' Annual Report.
Investment income
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
13
Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
Expenditure and Liabilities
Expenditure
Raising funds
Cost of raising funds comprise those costs associated with attracting voluntary income and staging fundraising events.
Charitable activities
Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Redundancy cost
The charity made no redundancy payments during the reporting period.
Assets
Tangible fixed assets for use by the charity
These are capitalised if they can be used for more than one year and cost at least £500 each (increased September 2019 to £1,000). They are valued at cost or, if gifted, at the value to the charity on receipt, less depreciation. Depreciation is provided at rates to write off the cost of the asset over the useful economic life of that asset as follows;
Equipment & Machinery - over each assets useful life of 2-10 years Fixture & Fittings - over each assets useful life of 2-10 years Vehicles - over assets life of 4 years
Taxation
The company is a registered charity and is exempt from corporation tax on its charitable activities.
Leases
The company enters into an annual lease agreement for the building which is fully paid each year.
In 2019/20 the company entered into a lease agreement for two company cars with a 36 month term to October 2022. The leased car payments are recognised as an expense in the profit or loss over the lease term on a straightline basis. These were replaced in October 2022 with one company car on a new lease agreement to October 2025 and the other under a new hire purchase agreement.
Hire purchase and leasing commitments
In 2019/20 the company entered into a hire purchase contract to acquire a pool transporter vehicle until November 2023. This agreement ended in January 2022 when the vehicle was sold. A new hire purchase agreement was entered into January 2022 for a new transporter vehicle until January 2026. Also, as noted above one of the two company cars has been replaced with a hire purchase contract in October 2022. Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Fund accounting
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by trustees for particular purposes.
Restricted funds are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their amortised cost using the effective interest method. However all the financial instruments are payable or receivable within one year and are therefore measured at the undiscounted amount of the cash expected to be paid or received.
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Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
| Notes to the accounts for the year ended: | Notes to the accounts for the year ended: | 31st March 2024 | 31st March 2024 | ||||
|---|---|---|---|---|---|---|---|
| 3 | Donations and legacies | ||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | 2024 | funds | funds | 2023 | ||
| £ | £ | £ | £ | £ | £ | ||
| Voluntary grants | |||||||
| Grants supporting core | 500 | - | 500 | - | - | - | |
| Voluntary donations | |||||||
| General donations & Gift Aid | 3,519 | - | 3,519 | 2,944 | - | 2,944 | |
| 4,019 | - | 4,019 | 2,944 | - | 2,944 | ||
| 4 | Charitable activities | ||||||
| Fees for Day Services | 512,004 | - | 512,004 | 425,189 | - | 425,189 | |
| Fees for Supported Living | 1,427,628 | - | 1,427,628 | 1,187,964 | - | 1,187,964 | |
| Supported Living rent contributions | 57,125 | - | 57,125 | 27,371 | - | 27,371 | |
| Farmhouse rents | 39,676 | - | 39,676 | 33,889 | - | 33,889 | |
| NYC Market supplement grant | 11,301 | - | 11,301 | 5,804 | - | 5,804 | |
| ESFA Apprenticeship incentive | - | - | 4,500 | - | 4,500 | ||
| Toilet upgrade(Norton Town Council grant) | - | 750 | 750 | - | - | - | |
| Wear it together project(Malton | - | 250 | 250 | - | - | - | |
| Town Council grant) | |||||||
| Chicken Coop project(Lions Club) | - | 500 | 500 | - | - | - | |
| Defibrilator project(Rotary Club & | - | 1,500 | 1,500 | - | - | - | |
| Charles Ruddock Trust) | - | - | - | ||||
| Potter Hill project(Rotary Club) | - | 5,200 | 5,200 | - | - | - | |
| NYC sustainability application | 11,836 | - | 11,836 | - | - | - | |
| Service user reimbursement | 40,607 | - | 40,607 | 20,446 | - | 20,446 | |
| Other/Sundry income | 1,393 | - | 1,393 | 1,739 | - | 1,739 | |
| 2,101,570 | 8,200 | 2,109,770 | 1,706,902 | - | 1,706,902 | ||
| 5 | Other trading activities | ||||||
| Fundraising events | 7,630 | - | 7,630 | 3,820 | - | 3,820 | |
| 7,630 | - | 7,630 | 3,820 | - | 3,820 | ||
| 6 | Investments | ||||||
| Bank interest received | 8,214 | - | 8,214 | 2,876 | - | 2,876 | |
| 8,214 | - | 8,214 | 2,876 | - | 2,876 | ||
| Total income | 2,121,433 | 8,200 | 2,129,633 | 1,716,542 | - | 1,716,542 | |
| Within charitable activities above is income | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| from the Government from; | funds | funds | 2024 | funds | funds | 2023 | |
| £ | £ | £ | £ | £ | £ | ||
| City of York Council | 180,126 | - | 180,126 | 69,596 | - | 69,596 | |
| NHS Humber & Yorkshire ICB | 191,184 | - | 191,184 | 171,928 | - | 171,928 | |
| NYCC Homecare contract | 1,376,626 | - | 1,376,626 | 1,196,510 | - | 1,196,510 | |
| 1,747,936 | - | 1,747,936 | 1,438,034 | - | 1,438,034 | ||
| All of the above sources of government income | represent fees | for services | provided by the charity. | ||||
| Plus grant income of: | £ | £ | £ | £ | £ | £ | |
| NYCC Market supplement grant | 11,301 | - | 11,301 | 5,804 | - | 5,804 | |
| ESFA Apprenticeship incentive | - | - | - | 4,500 | - | 4,500 | |
| Malton Town Council | - | 250 | 250 | - | - | - | |
| Norton Town Council | - | 750 | 750 | - | - | - | |
| 11,301 | 1,000 | 12,301 | 10,304 | - | 10,304 |
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Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
7 Total expenditure
| Total expenditure | |
|---|---|
| Analysed by activity Raising funds Fundraising & open days Charitable activities Salaries Vehicle costs Depreciation Governance costs VAT disallowed Sundry expenditure Total expenditure HP finance costs Service user reimbursement Premises costs SL rents Other staff costs Staff costs Direct costs Office costs Health Scheme Premises costs Activity costs Subscriptions Health & Safety Grant funded project spend Service user costs/outings |
Designated funds Restricted funds Unrestricted funds |
| Core Day Supported Total Power Grant Total Total Services Living Supply & Spend 2024 2023 treatment plant £ £ £ £ £ £ £ £ |
|
| 4,733 - - 4,733 - - 4,733 7,538 |
|
| - 411,896 1,086,921 1,498,817 - - 1,498,817 1,290,821 - 2,004 8,699 10,703 - - 10,703 19,403 - 4,694 17,783 22,477 - - 22,477 18,007 - 43,697 209 43,906 - - 43,906 45,244 - 588 4,620 5,208 - - 5,208 4,335 - 2,224 7,856 10,080 - - 10,080 12,934 - 271 1,507 1,778 - - 1,778 6,546 - - - - - 1,912 1,912 - - 7,522 28,696 36,218 - - 36,218 32,088 - 31,822 121,433 153,255 46,970 - 200,225 144,074 - - 47,440 47,440 - - 47,440 38,444 - 5,859 22,196 28,055 - - 28,055 29,148 - 748 2,831 3,579 - - 3,579 1,970 374 12,860 15,475 28,709 - - 28,709 27,417 - 1,990 7,537 9,527 - - 9,527 11,051 - 5,060 19,168 24,228 - - 24,228 22,087 - - 40,581 40,581 - - 40,581 16,143 704 - - 704 - - 704 - |
|
| 1,078 531,235 1,432,952 1,965,265 46,970 1,912 2,014,147 1,719,712 |
|
| 5,811 531,235 1,432,952 1,969,998 46,970 1,912 2,018,880 1,727,250 |
Wherever possible, costs are allocated directly to the activity. The Salaries costs include the apportioned share of the Key Management staff and central finance/admin totalling £290,095 (2023: £237,782) based on time spent managing and administering each of the charities services. The Office costs and Governance costs are allocated based on the turnover of each service as this is an indicator of the volume of administrative workload. The Premises costs (excluding buildings renovation costs) are allocated according to the time spent on premises and the Vehicles costs are allocated according to service usage.
Governance costs comprise the Audit fee and Legal & Professional fees.
| 8 | Net income/(expenditure) for the year | Total | Total |
|---|---|---|---|
| 2024 | 2023 | ||
| This is stated after charging: | £ | £ | |
| Depreciation | 28,709 | 27,417 | |
| Audit fee | 6,000 | 4,039 | |
| Accountancy Services in year | 18,318 | 14,690 |
9 Trustee remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees received any out of pocket expenses during the year (2023: £43.70)
No trustees have received any other benefits from the charity during the year.
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Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
| 10 Staff costs and emoluments Gross salaries Employers National Insurance Pension Contributions Average monthly head count of staff employed Other employee benefits |
2024 £ 1,333,931 118,332 46,554 26,175 1,498,817 44 |
2023 £ 1,154,111 110,829 25,881 20,076 |
|---|---|---|
| 1,290,821 | ||
| 40 |
No employee received remuneration in excess of £60,000 (2023: Nil)
The total employee benefits of the key management personnel of the charity were £218,532 (2023: £189,169).
11 Defined contribution pension scheme
The charity operates a defined contribution scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £46,554. The March employer contributions of £4,217 were outstanding at the end of the year and collected by direct debit in April 2024.
The employer pension cost is allocated between the charitable activities in line with the allocation of the corresponding staff salaries.
12 Fixed assets
| 12 Fixed assets Additions in year Disposals in year Prior depreciation on disposal 13 Cash and cash equivalents CAF Bank current account CAF Gold deposit account Virgin Money Charity Bank Hampshire Trust Bank Soldo At 31st March 2024 Depreciation Tangible fixed assets Cost or valuation At 1st April 2023 At 31st March 2023 At 31st March 2024 Net Book Value At 31st March 2024 At 1st April 2023 Charge for the year |
£ 78,550 64,153 - Plant, Vehicles & Equipment |
£ 71,723 - - 71,723 £ 23,108 17,931 - 41,039 £ 30,684 48,615 2024 £ 38,298 371,113 - 86,103 89,014 717 585,245 Assets under HP agreements |
Total £ 150,273 64,153 - |
| 142,703 | 214,426 | ||
| £ 59,445 10,778 - |
£ 82,553 28,709 - |
||
| 70,223 | 111,262 | ||
| £ | £ | ||
| 72,480 | 103,164 | ||
| 19,105 | 67,720 | ||
| 2023 £ 185,818 110,047 4 85,000 85,829 5,394 |
|||
| 472,092 |
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Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
| 14 15 **16 ** |
Debtors and prepayments 2024 £ 34,703 15,675 21,925 Other 3,954 76,257 Creditors and accruals 2024 £ Accounts payable 4,772 Payments received on account for contracts or performance related grants 105,457 Taxation 28,132 Accruals 30,193 Hire Purchase agreements 10,133 178,687 £ Hire Purchase agreements 35,975 35,975 Movement of funds 16.1 Movement of major funds 2024 Balance Incoming Outgoing b/fwd resources resources Transfers £ £ £ £ 329,526 - 46,970 115,570 102,425 2,121,433 1,969,998 (109,282) 431,951 2,121,433 2,016,968 6,288 7,300 - - - - 750 750 - - 250 584 334 Chicken Coop project(Lions Club) - 500 578 78 - 1,500 - (1,500 ) Potter Hill project(Rotary Club) - 5,200 - (5,200 ) 7,300 8,200 1,912 (6,288 ) Total Funds 439,251 2,129,633 2,018,880 - Transfers between funds 2024 From To Reason Unrestricted Designated General Unrestricted Restricted General Restricted Unrestricted General Restricted Funds Gannett Foundation To increase the designated provisions as listed below under note 17.2 Designated funds Analysis of creditors falling due within one year Unrestricted funds Accrued Income To make up the shortfall in spending on the Wear it together project and Chicken Coop project General unrestricted funds Fund name Analysis of creditors falling due after more than one year Defibrilator project(Rotary Club & Charles Ruddock Trust) Toilet upgrade(Norton Town Council grant) Town Council grant) Wear it together project(Malton To transfer the value of fixed assets where the asset has been purchased from a restricted fund donation Trade Debtors Prepayments |
2023 £ 55,267 2,599 14,131 3,676 |
|---|---|---|
| 75,673 | ||
| 2023 £ 9,939 84,323 5,188 20,543 10,133 |
||
| 130,126 | ||
| £ 46,108 |
||
| 46,108 | ||
| Balance c/fwd £ 398,126 144,578 |
||
| 542,704 | ||
| 7,300 - - - - - |
||
| 7,300 | ||
| 550,004 | ||
| Amount £ 115,570 412 6,700 |
18
Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
16.1 Movement of major funds continued…..
| 2023 NYCC WRRF Total Funds Designated funds Restricted Funds Gannett Foundation Fund Name Unrestricted Funds General Unrestricted funds |
Balance b/fwd £ 344,559 90,373 |
Incoming resources £ - 1,716,542 |
Outgoing resources £ 15,033 1,704,490 |
Transfers £ - - - - - - - |
Balance c/fwd £ 329,526 102,425 |
|---|---|---|---|---|---|
| 434,932 | 1,716,542 | 1,719,523 | 431,951 | ||
| 7,300 7,727 |
- - |
- 7,727 |
7,300 - |
||
| 15,027 | - | 7,727 | 7,300 | ||
| 449,959 | 1,716,542 | 1,727,250 | 439,251 |
16.2 Details of Funds Held
Designated Funds
Designated funds have been set aside to cover;
-
A redundancy/wind down provision of £232,006. This has been increased this year by £20,848 mainly due to an updated calculation of the required redundancy provision based on current staff in service plus additional provision made for contract obligations in the event of closure.
-
A fund of £50,000 to complete the housing project at 41 Potter Hill, Pickering.
-
A provision to fund the pay rise for 2024/25 of £20,000.
-
A provision of £18,000 for Barton Cottage, an old large house being converted into new living premises.
-
A new resilience contingency of £78,120 to enable the charity to retain staff for a short period in the event of a sudden loss of contract.
Unrestricted Funds (General)
The General fund is unrestricted and available for the general running of Acorn Community Care.
Restricted Funds
The restricted funds are only available for the purposes specified for each fund, which are:
Gannett Foundation - reflects a grant to provide a walk in cold room for the new farm shop development. Toilet upgrade - this was supported by a grant from Norton Town Council and has been completed in year. Wear it together project - supported by Malton Town Council to provide logo embroidered fleeces.
Chicken Coop project - supported by the Lions Club to purchase materials to build a chicken coop and 25 chickens. Defibrilator project - puchase of a defibrilator using funds from the Rotary Club and the Charles Ruddock Trust. This has been spent in year and capitalised as a fixed asset, hence the transfer of funds to unrestricted to cover the depreciation charge over 4 years.
Potter Hill project - reflects the refurbishment of a new housing project - 41 Potter Hill, Pickering. The Rotary Club have contributed £5,200 towards this project. As these costs are being capitalised there is a transfer of funds to unrestricted to cover future depreciation once the project is fully completed.
NYCC WRRF - Workforce Recruitment and Retention Fund, supporting the provision of free private healthcare cover with Aviva Health for 12 months. This ended in 2023 with the cost of the health scheme now being supported by unrestricted core funds.
19
Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
| 17 Net assets between funds Unrestricted Funds £ 103,164 61,309 (19,895 ) 144,578 £ 67,720 51,167 (16,462 ) 102,425 Fixed assets Current assets Current liabilities Balances at 31st March 2024 Balances at 31st March 2023 Fixed assets Current assets Current liabilities |
17 Net assets between funds Unrestricted Funds £ 103,164 61,309 (19,895 ) 144,578 £ 67,720 51,167 (16,462 ) 102,425 Fixed assets Current assets Current liabilities Balances at 31st March 2024 Balances at 31st March 2023 Fixed assets Current assets Current liabilities |
Designated Funds £ - 589,386 (191,260 ) |
Restricted Funds £ - 10,807 (3,507 ) 7,300 £ - 10,763 (3,463 ) 7,300 |
Total £ 103,164 661,502 (214,662 ) |
|---|---|---|---|---|
| 144,578 | 398,126 | 550,004 | ||
| £ 67,720 51,167 (16,462 ) |
£ - 485,835 (156,309 ) |
£ 67,720 547,765 (176,234 ) |
||
| 102,425 | 329,526 | 439,251 |
18 Reconciliation of net movement in funds to net cash flow from operating activities
| Net movement in funds Add back depreciation charge Deduct interest income shown in investing activities Decrease (increase) in debtors Increase (decrease) in creditors Net cash used in operating activities |
Total 2024 £ 110,753 28,709 (8,214 ) (584 ) 38,428 169,092 |
Total 2023 £ (10,708 ) 27,417 (2,876 ) (6,803 ) 43,718 |
|---|---|---|
| 50,748 |
19 Lease commitments
The farm rent lease charge recognised as an expense during the year was £27,063 (2023: £27,063). The charity is currently in renegotiation as part of the right to renewal under the business lease arrangement. The new contract is expected to be signed this year for a further 10 years.
There are two hire purchase agreements in place for company vehicles. The Ford Tourneo has an end date of January 2026 and the Audi Q4 has an end date of October 2026. The total of future minimum lease payments at the end of the reporting period is;
| £ | |
|---|---|
not later than one year |
10,133 |
later than one year and not later than five years |
35,975 |
| later than five years |
- |
The corresponding future interest, which is charged as an expense each year is;
| £ | |
|---|---|
not later than one year |
3,579 |
later than one year and not later than five years |
5,052 |
| later than five years |
- |
20
Docusign Envelope ID: F74E4A8E-FFD8-4315-AD03-3F0BEE13A2A1Docusign Envelope ID: 2F8A1F4D-5470-4F4B-9173-7BD98DAF04E7
Acorn Community Care
(Charity Registration Number 1095207)
Notes to the accounts for the year ended:
31st March 2024
19 Lease commitments continued….
The lease of company cars recognised as an expense during the year was £11,297 (2023: £13,080). This comprises one company vehicle for which the charity is committed to until October 2025. The other company car has been replaced by a HP agreement noted above. The total of future minimum lease payments at the end of the reporting period is;
£ not later than one year 11,297 later than one year and not later than five years 7,866 later than five years -
20 Transactions with connected parties
Payments totalling £13,184 (2023: £7,920) have been paid to David Worth, father-in-law to Dave Holden, a member of the Senior Management Team. This was for electrical work conducted at market rates, undertaken over the course of the year. There were no outstanding amounts due at the year end.
A total aggregate salary amount of £423,260 (2023: £334,700) was paid to staff members who are related to the trustees and senior management team. This comprised 10 staff members (2023: 8).
21 Contingent Liabilities
The charity has no contingent liabilities at 31 March 2024 (2023: None).
22 Control
In the opinion of the trustees, no one party controlled the company in the year.
21