| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe Company, | its Trustees | and advisers | ||
| Chairman's statement |
|||||
| Trustees' report | 3-10 | ||||
| Independent auditor's |
report | on the financial statements | 11 - 15 | ||
| Statement offinancial | activities | 16 | |||
| Balance sheet | 17 - 18 | ||||
| Statement of cash flows | 19 | ||||
| Notes to the financial | statements | 20-37 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | |||
| Trustees | Mr Peter Elsworth, Chairman |
||
| Mr Mike Devlin, Treasurer | |||
| Mr Sean Bolton, Trustee | |||
| Mr Paul Franc, Trustee | |||
| Mr Liam Good, Trustee | |||
| Mr John King, Trustee | |||
| Dr Joanna Lang, Trustee | |||
| Ms Katherine Scutt, Trustee |
|||
| Company | registered | ||
| number | 04723614 | ||
| Charity registered | |||
| number | 1098150 | ||
| Registered | office | Half Moon Yd, High Street | |
| Hemel Hempstead | |||
| Hertfordshire | |||
| HP1 3AE | |||
| Independent | auditor | Hillier Hopkins LLP |
|
| Chartered Accountants |
|||
| Radius House | |||
| 51 Clarendon Road |
|||
| Watford | |||
| Herts | |||
| WD17 1HP |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 | 2023f | 2023 | 2022 | ||
| Income from: | ||||||
| Donations and legacies |
22,460 | 25,435 | 47,895 | 40,596 | ||
| Charitable activities |
591,853 | 125,445 | 717,298 | 634,947 | ||
| Other trading activities |
5,104 | 5,104 | 6,096 | |||
| Investments | 502 | 502 | ||||
| Other income | 500 | |||||
| Total income | 614,313 | 156,486 | 770,799 | 682,139 | ||
| Expenditure on: |
||||||
| Raising funds | 43,347 | 43,347 | 40,582 | |||
| Charitable activities |
560,670 | 208,999 | 769,669 | 606,404 | ||
| Total expenditure | 560,670 | 252,346 | 813,016 | 646,986 | ||
| Net income/(expenditure) | 53,643 | (95,860) | (42,217) | 35,153 | ||
| Transfers between |
funds | 17 | (11,563) | 11,563 | ||
| Net movement in |
funds | 42,080 | (84,297) | (42,217) | 35,153 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 105,016 | 357,719 | 462,735 | 427,582 | |
| Net movement in funds |
42,080 | (84,297) | (42,217) | 35,153 | ||
| Total funds carried forward | 147,096 | 273,422 | 420,518 | 462,735 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 14 | 14,902 | 22,294 | ||||
| Current assets | |||||||
| Debtors | 15 | 89,463 | 48,406 | ||||
| Cash at bank | and | in hand | 341,248 | 409,788 | |||
| 430,711 | 458,194 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | (25,095) | (17,753) | |||||
| Net current | assets | 405,616 | 440,441 | ||||
| Total assets | less | current liabilities | 420,518 | 462,735 | |||
| Total net assets | 420,518 | 462,735 | |||||
| Charity funds | |||||||
| Restricted funds | 17 | 147,096 | 105,016 | ||||
| Unrestricted | funds | 17 | 273,422 | 357,719 | |||
| Total funds | 420,518 | 462,735 |
| 2023f | 2022 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net cash used in operating |
activities | (68,540) | 8,559 | ||
| Change in cash and cash |
equivalents | in | the year | (6&,540) | 8,559 |
| Cash and cash equivalents | at the beginning | ofthe year | 409,788 | 401,229 | |
| Cash and cash equivalents | at the end | of | the year | 341,248 | 409,788 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2023 | 2023 | 2023 | 2022 | |
| Donations | 22,460 | 16,266 | 38,726 | 31,427 |
| Gifts in kind | 9,169 | 9,169 | 9,169 | |
| 22,460 | 25,435 | 47,895 | 40,596 | |
| Total 2022 | 8,565 | 32,031 | 40,596 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 F |
2023 F |
2023 F |
2022f | ||
| Grants | 171,543 | 171,543 | 127,725 | ||
| Client subscriptions | 10,267 | 10,267 | 6,858 | ||
| Local authority | grants | 57,553 | 57,553 | 165,516 | |
| Contract income | 362,757 | 362,757 | 206,670 | ||
| Trading | 115,178 | 115,178 | 128,178 | ||
| 591,853 | 125,445 | 717,298 | 634,947 | ||
| Total 2022 | 499,911 | 135,036 | 634,947 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2023 K |
2023f | 2022 |
| 5,104 | 5,104 | 6,096 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2023 | 2023 | 2022 |
| K | ||
| 502 | 502 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023f | 2023f | 2022 | ||||
| Coronaviras | Job | Retention | Scheme | 500 |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| F | ||||||
| Fundraising | costs | 2,886 | 2,886 | 3,192 | ||
| Advertising | and promotion | 475 | 475 | 775 | ||
| Fundraising | wages and salaries | 31,686 | 31,686 | 30,861 | ||
| Fundraising | - Nl | 2,064 | 2,064 | ggg | ||
| Fundraising | - pension costs | 1,267 | 1,267 | 1,236 | ||
| Other fundraising | costs | 4,969 | 4,969 | 3,519 | ||
| 43,347 | 43,347 | 40,582 | ||||
| Total 2022 | 3,451 | 37, 13'I | 40,582 |
| Restricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| 2023 | 2023 | 2023 | 2022 | ||
| E | f | f. | |||
| Community | Support | 164,588 | 39,619 | 204,207 | 182,075 |
| Independent | Living | 24,435 | 35,908 | 60,343 | 55,988 |
| Dementia | 5,441 | 16,378 | 21,819 | 15,418 | |
| Good Neighbours | 669 | 699 | 1,368 | 20,820 | |
| Young at Heart | 29,059 | 34,676 | 63,735 | 63,910 | |
| Core | 44,380 | 65,156 | 109,536 | 121,910 | |
| NHS contract | 292,098 | 16,563 | 308,661 | 146,283 | |
| 560,670 | 208,999 | 769,669 | 606,404 | ||
| Total 2022 | 344,614 | 261,790 | 606,404 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2023 E |
2023 | 2023f | 2022 E |
||
| Community | Support | 176,823 | 27,384 | 204,207 | 182,075 |
| Independent | Living | 53,255 | 7,088 | 60,343 | 55,988 |
| Dementia | 18,086 | 3,733 | 21,819 | 15,418 | |
| Good Neighbours | 1,199 | 169 | 1,368 | 20,820 | |
| Young at Heart | 51,723 | 12,012 | 63,735 | 63,910 | |
| Core | 109,536 | 109,536 | 121,910 | ||
| NHS support | service | 275,435 | 33,226 | 308,661 | 146,283 |
| 576,521 | 193,148 | 769,669 | 606,404 | ||
| Total2022 | 427,934 | 178,470 | 606,404 |
| Community | lndependen | Good | Young at | |||
|---|---|---|---|---|---|---|
| Support | t Living | Dementia | Neighbours | Heart | ||
| 2023 | 2023 | 2023 | 2023 | 2023 | ||
| F | ||||||
| Staff costs | 145,279 | 26,554 | 12,930 | 36,736 | ||
| Depreciation | 6,000 | |||||
| Subscriptions | 230 | 68 | ||||
| Vehicle costs | 3,436 | |||||
| Recruitment | 221 | 6 | 827 | |||
| Courses and training | 100 | 100 | 292 | |||
| Travelling and |
subsistence | 10,302 | 4,967 | 589 | 108 | 916 |
| Meals and refreshments | 437 | 9 | 192 | 423 | ||
| Tools and materials | 21,306 | 10 | ||||
| Outings | 240 | |||||
| Rent, hall hire | and service | |||||
| charges | 3,516 | 3,407 | 170 | 47 | ||
| Telephone | 1,896 | 210 | 360 | 299 | 1,111 | |
| Printing, postage and stationery |
746 | 12 | 90 | 538 | ||
| Miscellaneous | expenses | 14,096 | 344 | 382 | 1,037 | |
| Other fees | 42 | |||||
| Admin and other costs |
144 | 350 | ||||
| 176,823 | 53,255 | 18,086 | 1,199 | 51,723 | ||
| Total 2022 | 164,505 | 52,243 | 12,193 | 19,858 | 53,029 |
| Analysis ofd |
irect costs (continued) | |||
|---|---|---|---|---|
| NHS | ||||
| support. | Total | Total | ||
| service | funds | funds | ||
| 2023f | 2023f | 2022 | ||
| Staff costs | 271,103 | 492,602 | 340,746 | |
| 'Depreciation | 6,000 | 6,000 | ||
| Subscriptions | 298 | 511 | ||
| Vehicle costs | 3,436 | 3,276 | ||
| Recruitment | 118 | 1,183 | 951 | |
| Courses and training | 133 | 625 | 1,478 | |
| Travelling and |
subsistence | 2,106 | 18,988 | 13,975 |
| Meals and refreshments | 10 | 1,071 | 1,260 | |
| Tools and materials | 21„316 | 20,382 | ||
| Outings | 240 | |||
| Rent, hall hire | and service charges | 362 | 7,502 | 10,065 |
| Telephone | 99 | 3,975 | 4,473 | |
| Printing, postage and stationery |
35 | 1,421 | 2,655 | |
| Miscellaneous | expenses | 1,386 | 17,245 | 21,728 |
| Other fees | 50 | 92 | 47 | |
| Admin and other costs |
33 | 527 | 387 | |
| 275,435 | 576,521 | 427,934 | ||
| Total 2022 | 126,106 | 427,934 |
| Community | Independen | Good | Young at | |||
|---|---|---|---|---|---|---|
| Support | t Living | Dementia | Neighbours | Heart | ||
| 2023 | 2023 | 2023 F |
2023 E |
2023f | ||
| Staff costs | 27,384 | 7,088 | 3,733 | 169 | 12,012 | |
| Depreciation | ||||||
| Fundraising | ||||||
| Vehicle costs | ||||||
| Meals and refreshments | ||||||
| Rent, hall hire | and service | |||||
| charges | ||||||
| Miscellaneous | expenses | |||||
| Bank charges | ||||||
| Audit fees | ||||||
| Other fees | ||||||
| Irrecoverable | VAT | |||||
| Admin and other costs |
||||||
| 27,384 | 7,088 | 3,733 | 169 | 12,012 | ||
| Total 2022 | 17,570 | 3,745 | 3,225 | 962 | 10,881 |
| Analysis ofs |
upport costs (continued) | ||||
|---|---|---|---|---|---|
| NHS | Total | Total | |||
| Core | contract | funds | funds | ||
| 2023 | 2023f | 2023 | 2022 | ||
| Staff costs | 40,113 | 33,226 | 123,725 | 120,506 | |
| Depreciation | 1,392 | 1,392 | 1,425 | ||
| Fundraising | 315 | 315 | 30 | ||
| Vehicle costs | 38 | 38 | 455 | ||
| Courses and | training | 90 | 90 | ||
| Meals and refreshments | 55 | 55 | 248 | ||
| Rent, hall hire | and service charges | 17,592 | 17,592 | 15,865 | |
| Miscellaneous | expenses | 930 | 930 | 611 | |
| Bank charges | 760 | 760 | 926 | ||
| Audit fees | 6,950 | 6,950 | 6,000 | ||
| Other fees | 11,330 | 11,330 | 3,391 | ||
| Irrecoverable | VAT | 5,849 | 5,849 | 4,462 | |
| Admin and other costs |
24,122 | 24,122 | 24,551 | ||
| 109,536 | 33,226 | 193,148 | 178,470 | ||
| Total 2022 | 121,910 | 20,177 | 178,470 |
| The auditor's | remuneration | remuneration | amounts | to an auditor fee of E4,500 (2022 - E4,400), and other | to an auditor fee of E4,500 (2022 - E4,400), and other | accountancy |
|---|---|---|---|---|---|---|
| services ofF2,984 (2022- | 82,884). | |||||
| Staff costs | ||||||
| 2023 | 2022 | |||||
| Wages and | salaries | 606,238 | 467,108 | |||
| Social security costs | 35,649 | 18,793 | ||||
| Contribution | to defined | contribution | pension schemes | 14,426 | 11,966 | |
| 656,313 | 497,867 |
| Motor | Fixtures and | Computer | ||
|---|---|---|---|---|
| vehicles f |
fittings f |
equipment f |
Totalf | |
| Cost or valuation | ||||
| At 1 April 2022 | 30,000 | 30,880 | 23,219 | 84,099 |
| At 31 March 2023 | 30,000 | 30,880 | 23,219 | 84,099 |
| Depreciation | ||||
| At 1 April 2022 | 9,632 | 30,880 | 21,293 | 61,805 |
| Charge for the year | 6,000 | 1,392 | 7,392 | |
| At 31 March 2023 | 15,632 | 30,880 | 22,685 | 69,197 |
| Net book value | ||||
| At 31 March 2023 | 14,368 | 534 | 14,902 | |
| At 31March 2022 | 20,368 | 1,926 | 22,294 |
| 2023 | 2022f | |||||
|---|---|---|---|---|---|---|
| Due within one year | ||||||
| Other debtors | 89,463 | 48,406 | ||||
| 89,463 | 48,406 | |||||
| Creditors: Amounts | falling due | within one year | ||||
| 2023f | 2022 | |||||
| Other taxation and |
social security | 4,971 | 5,533 | |||
| Other creditors | 14 | |||||
| Accruals and deferred | income | 20,110 | 12,220 | |||
| 25,095 | 17,753 | |||||
| 2023f | 2022 | |||||
| Deferred income at |
1 | April 2022 | 3,408 | 28,053 | ||
| Resources deferred | during the year |
11,875 | 3,408 | |||
| Amounts released |
from previous | periods | (3,408) | (28,053) | ||
| 11,875 | 3,408 |
| Statement offunds |
- | current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 31 March | |||||
| April 2022 | Income | Expenditure | in/out | 2023 | |||
| F | |||||||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Trustees Development | fund | 86,954 | 86,954 | ||||
| Redundancy fund |
14,000 | 14,000 | |||||
| 100,954 | 100,954 | ||||||
| General funds | |||||||
| General Funds - all funds | 256,765 | 156,486 | (252,346) | 11,563 | 172,468 | ||
| Total Unrestricted | funds | 357,719 | 156,486 | (252,346) | 11,563 | 273,422 | |
| Restricted funds | |||||||
| Core | 29,000 | (69,002) | 40,002 | ||||
| Community Support |
32,386 | 145,199 | (115,962) | (22,453) | 39,170 | ||
| Independent Living |
29,372 | (25,758) | (3,614) | ||||
| Dementia | 8,460 | (9,687) | 1,227 | ||||
| Good Neighbours | 1,345 | (1,169) | (176) | ||||
| Minibus donation |
18,900 | (5,670) | 13,230 | ||||
| NHS support service | 301,757 | (275,208) | (26,549) | ||||
| Young at Heart | 53,730 | 99,030 | (58,064) | 94,696 | |||
| Fundraising | 150 | (150) | |||||
| 105,016 | 614,313 | (560,670) | (11,563) | 147,096 | |||
| Total offunds | 462,735 | 770,799 | (813,016) | 420,518 |
| Statement offunds |
- |
prior ye | ar | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | Transfers | 31March | |||||
| 1 April 2021 | Income | Expenditure | in/out | 2022 | |||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Trustees Development | fund | 86,954 | 86,954 | ||||
| Redundancy fund |
14,000 | 14,000 | |||||
| '/00, 954 | 100,954 | ||||||
| General funds | |||||||
| General Funds - all | funds | 302,058 | 173,663 | (218,956) | 256,765 | ||
| Total Unrestricted | funds | 403,012 | 173,663 | (218,956) | 357,719 | ||
| Restricted funds | |||||||
| Core | 51,824 | (51,824) | |||||
| Community Support |
149,595 | (97,941) | (19,268) | 32,386 | |||
| Independent Living |
31,364 | (30,072) | (1,292) | ||||
| Dementia | 4,587 | (15,418) | 10,831 | ||||
| Good Neighbours | 10,032 | (19,148) | 9,116 | ||||
| Minibus donation |
24,570 | (5,670) | 18,900 | ||||
| NHS support service | 145,670 | (146,283) | 613 | ||||
| Young at Heart | 111,953 | (58,223) | 53,730 | ||||
| Fundraising | 3,451 | (3,451) | |||||
| 24,570 | 508,476 | (428,030) | 105,016 | ||||
| Total offunds | 427,582 | 682,139 | (646,986) | 462,735 |
| Summary | offunds -cur |
rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 31 March | ||||
| April 2022 F |
Income | Expenditure | in/outf | 2023 | ||
| Designated | funds | 100,954 | 100,954 | |||
| General funds | 256,765 | 156,486 | (252,346) | 11,563 | 172,468 | |
| Restricted | funds | 105,016 | 614,313 | (560,670) | (11,563) | 147,096 |
| 462,735 | 770,799 | (813,016) | 420,518 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31March | ||||
| 1 April 2021 | Income | Expenditure | inlout | 2022 | ||
| Designated | funds | 100,954 | 100,954 | |||
| General funds | 302,058 | 173,663 | (218,956) | 256,765 | ||
| Restricted | funds | 24,570 | 508,476 | (428,030) | 105,016 | |
| 427,582 | 682,139 | (646,986) | 462,735 |
| Analysis | ofn | et assets between funds -curre |
nt year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2023 | 2023 | 2023f | |||
| Tangible | fixed | assets | 13,230 | 1,672 | 14,902 |
| Current | assets | 145,429 | 285,282 | 430,711 | |
| Creditors | due | within one year | (25,095) | (25,095) | |
| Difference | (11,563) | 11,563 | |||
| Total | 147,096 | 273,422 | 420,518 |
| Analysis | of n | et asse | ts | between funds - prior |
year | ||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| Tangible | fixed | assets | 18,900 | 3,394 | 22,294 | ||
| Current | assets | 86,116 | 372,078 | 458,194 | |||
| Creditors | due | within | one | year | (17,753) | (17,753) | |
| 105,016 | 357,719 | 462,735 |
| 2023 | 2022 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||
| Activities) | (42,217) | 35,153 | ||||||||||
| Adjustments for: |
||||||||||||
| Depreciation charges |
7,392 | 7,425 | ||||||||||
| Increase in debtors |
(41,057) | (8,539) | ||||||||||
| Increase/(decrease) | in | creditors | 7,342 | (25,480) | ||||||||
| Net cash provided | by/(used | in) | operating | activities | (68,540) | 8,559 |
| 2023f | 2022 | ||
|---|---|---|---|
| Cash | in hand | 341,248 | 409,788 |
| Total | cash and cash equivalents | 341,248 | 409,788 |
| At 1 April | At 31 March | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | Cash flows | 2023f | ||||||
| Cash | at | bank | and | in | hand | 409,788 | (68,540) | 341,248 |
| 409,788 | (68,540) | 341,248 |