2022-03-31-accounts - The Bevern Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Patron		Natasha Kaplinsky
Trustees		Ms BAdamson
		Mr S Brentnall
		Dr P Frost
		Mr N Houston
		Mrs S E Schueler
		Reverend P Mundy
Secretary		Ms SGoodliffe
Charity number		1103520
Company	number	4993720
Registered	office	The Willows
		Deans Meadow
		Barcombe
		East Sussex
		BN8 5FJ
Auditor		Knill James LLP
		One Bell Lane
		Lewes
		East Sussex
		BN7 1JU
Bankers		CAF Bank Ltd
		PO Box289
		West Mailing
		Kent
		ME19 4TA

		Page
Trustees' report		1-8
Statement oftrustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance sheet		15
Statement of cash flows		16
Notes to the financial	statements

Current financial	Current financial	year
					Unrestricted	Unrestricted	Restricted	Total	Total
					funds	funds	funds
					general	designated
					2022	2022	2022	2022	2021
				Notes					E
Donations and legacies Charitable activities Investments Other income					412,886 1,666,021 126 2,975		36,538	449,424 1,666,021 126 2,975	151,681 1,523,712 104 3,327
Total income					2,082,008		36,538	2,118,546	1,678,824
Raising funds					51,484			51,484	45,235
Charitable activities				6	1,550,671	18	6,684	1,557,373	1,537,105
Total expenditure					1,602,155	18	6,684	1,608,857	1,582,340
Net gains/(losses)		on investments		10	(1,275)			(1,275)
Net incoming	resources		before transfers		478,578	(18)	29,854	508,414	96,484
Gross transfers	between		funds		(188,541)	216,604	(28,063)
Net movement	in funds				290,037	216,586	1,791	508,414	96,484
Fund balances	at 1	April	2021		1,194,649	97,859	13,717	1,306,225	1,209,741
Fund balances	at	31 March 2022			1,484,686	314,445	15,508	1,814,639	1,306,225

Prior financial	year	year
					Unrestricted Unrestricted		Restricted	Total
					funds	funds	funds
					general	designated
				Notes	2021 f	2021	2021f	2021
Donations and	legacies				107,134		44,547	151,681
Charitable activities					1,523,712			1,523,712
Investments					104			104
Other income					3,327			3,327
Total income					1,634,277		44,547	1,678,824
Raising funds					45,235			45,235
Charitable activities					1,495,344		41,761	1,537,105
Total expenditure					1,540,579		41,761	1,582,340
Net gains/(losses)		on investments
Net incoming	resources		before transfers		93,698		2,786	96,484
Gross transfers	between		funds		(64,807)	87,859	(23,052)
Net movement	in	funds			28,891	87,859	(20,266)	96,484
Fund balances	at 1 April		2020		1,165,758	10,000	33,983	1,209,741
Fund balances	at	31 March 2021			1,194,649	97,859	13,717	1,306,225

								2022	2021
						Notes		f	f
Fixed assets
Tangible assets						11		1,715,069		1,722,051
Investments						12		201,725
								1,916,794		1,722,051
Current assets
Debtors						13	133,545		143,005
Cash at bank and		in	hand				616,701		369,418
							750,246		512,423
Creditors:	amounts		falling due within
one year							(178,268)		(226,381)
Net current	assets							571,978		286,042
Total assets less		current			liabilities			2,488,?72		2,008,093
Creditors:	amounts		falling		due after
more than	one year					16		(674,133)		(701,868)
Net assets								1,814,639		1,306,225
Income funds
Restricted t'	funds					18		15,508		13,717
Designated	funds					19	314,445		97,859
General unrestricted			funds				1,484,686		1,194,649
								1,799,131		1,292,508
								1,814,639		1,306,225
The financial statements				were approved		~q/ h by the Trustees on ......../.....P~..

				2022		2021
			Notes	f
Cash flows from operating		activities
Cash generated from operations			22		516,940		197,071
Investing	activities
Purchase	oftangible fixed assets			(39,669)		(6,665)
Purchase	of investments			(203,000)
Investment	income received			126		104
Net cash	used in investing	activities			(242,543)		(6,561)
Financing	activities
Repayment	of bank loans			(27,114)		(19,935)
Net cash	used in financing	activities			(27,114)		(19,935)
Net increase in cash and cash equivalents					247,283		170,575
Cash and	cash equivalents	at beginning	ofyear		369,418		198,843
Cash and	cash equivalents	at end of	year		616,701		369,418

Land and	buildings	buildings	Over 65years
Fixtures,	fittings	&equipment	20'/0 Straight	line
Motor vehicles			20'/0 Straight	line

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		funds	funds
	general			general
	2022	2022	2022	2021	2021	2021
		f		E	f.
Donations and gifts	67,581	1,738	69,319	47,337	4,095	51,432
Legacies receivable	265,000		265,000
Grants received	80,305	34,800	115,105	59,797	40,452	100,249
	412,886	36,538	449,424	107,134	44,547	151,681
Government Grant
Income
Infection Control Grants	16,618		16,618	25,958		25,958
Coronavirus Job
Retention Scheme				11,926		11,926
SSP	4,977		4,977	913		913
Rapid Testing Grant	5,583		5,583
Workforce Recruitment
and Retention Grants	37,020		37,020
Omicron Support Fund	766		766
Vaccination Fund	341		341
Other grants received	15,000	34,800	49,800	21,000	40,452	61,452
	80,305	34,800	115,105	59,797	40,452	100,249

				Unrestricted	Unrestricted
				funds	funds
				general	general
				2022	2021
	Other income			2,975	3,327
6	Charitable activities
	Care ofresidents and running		costs ofcare home
				2022f	2021
	Staff costs			1,254,389	1,208,897
	Depreciation and impairment			46,651	46,777
	Therapists			18,404	22,648
	Training and sundry	staff expenses		21,531	18,897
	Recruitment and advertising			8,636	2,864
	Food and kitchen supplies			26,603	21,575
	Medical supplies and	materials		10,362	25,434
	Laundry, linen and cleaning			7,089	6,171
	Clinical waste disposal			158	584
	Educational supplies	and outings		4,866	8,233
	Travelling expenses			1,462	2,257
	Minibus running expenses			3,859	6,715
	Light, heat, water and rates			31,216	29,848
	Insurance			21,281	15,987
	General repairs and	maintenance		19,313	32,765
				1,475,820	1,449,652
	Share ofsupport costs (see note		7)	65,835	75,136
	Share ofgovernance	costs (see	note 7)	15,718	12,317
				1,557,373	1,537,105
	Analysis by fund
	Unrestricted funds -	general		1,550,671	1,495,344
	Unrestricted funds -	designated		18
	Restricted funds			6,684	41,761
				1,557,373	1,537,105

Support costs
	Support	Governance	2022	Support	Governance	2021
	costs	costs		costs	costs
	f			E	f.
Printing, postage,
stationery and other
office costs	7,877		7,877	13,359		13,359
Telephone	3,611		3,611	2,935		2,935
External HR costs	7,937		7,937	8,173		8,173
Bank charges	170		170	291		291
Loan interest	26,481		26,481	26,600		26,600
Software and support
costs	19,759		19,759	21,286		21,286
Bad debts				2,492		2,492
Audit fees		6,840	6,840		6,500	6,500
Legal and professional		8,878	8,878		5,817	5,817
	65,835	15,718	81,553	75,136	12,317	87,453
Analysed between
Charitable activities	65,835	15,718	81,553	75,136	12,317	87,453

The avera	ge	monthly number o	femployees during the year was:
				2022	2021
				Number	Number
Charitable	activities			60	63
Management		and administration	ofthe charity	5	5
Total				65	68

Employees		(Continued)
Employment costs	2022	2021
		f.
Wages and salaries	1,145,3?1	1,101,554
Social security costs	80,789	78,745
Other pension costs	28,229	28,598
	1,254,389	1,208,897

							Unrestricted	Total
							funds
							general
							2022	2021
								E
	Revaluation		of investments				(1,275)
11	Tangible	fixed assets
					Land and	Fixtures,	Motor vehicles	Total
					buildings	fittings &
						equipment
							Z
	Cost
	At 1 April	2021			1,92?,691	299,781	67,664	2,295,136
	Additions				3,600	36,069		39,669
	At 31 March		2022		1,931,291	335,850	67,664	2,334,805
	Depreciation		and impairment
	At 1 April	2021			255,031	264,727	53,327	573,085
	Depreciation		charged	in the year	20,523	17,590	8,538	46,651
	At 31 March		2022		275,554	282,317	61,865	619,736
	Carrying	amount
	At 31 March		2022		1,655,737	53,533	5,799	1,715,069
	At 31 March		2021		1,672,660	35,054	14,337	1,722,051

		Unlisted
		investments
Cost or	valuation
At 1 April	2021
Additions		203,000
Valuation	changes	(1,275)
At 31 March 2022		201,725
Carrying	amount
At 31 March 2022		201,725
At 31 March 2021

13	Debtors
			2022	2021
	Amounts falling due within one year:
	Trade debtors		15,697	66,544
	Other debtors		3,720	3,379
	Prepayments	and accrued income	114,128	73,082
			133,545	143,005
14	Loans and overdrafts
			2022	2021
	Bank loans		700,428	727,542
	Payable within	one year	26,295	25,674
	Payable after	one year	674,133	701,868

15	Creditors:	am	ounts	f	alling due within one year
						Notes	2022	2021f
	Bank loans					14	26,295	25,674
	Other taxation		and social security				20,678	18,329
	Payments	received on			account		5,220	40,229
	Trade creditors						12,606	8,636
	Other creditors						9,311	8,334
	Accruals and deferred				income		104,158	125,179
							178,268	226,381
16	Creditors:	amounts		falling due after more than one year
						Notes	2022f	2021 E
	Bank loans					14	674,133	701,868

				Balance at	Transfers	Balance at	Resources	Transfers	Balance at
				1 April 2020		1 April 2021	expended	31	March 2022
						E	f
Residents'	Health Support
Fund				10,000	(10,000)
Brooklands		Project			50,000	50,000	(18)	(3,600)	46,382
Asset Replacement			Fund		47,859	47,859		(9,096)	38,763
Activity Centre Project								200,000	200,000
Maintenance		Fund						29,300	29,300
				10,000	87,859	97,859	(18)	216,604	314,445

Cash generated from	operations	operations				2022	2021f
Surplus for the year						508,414	96,484
Adjustments for:
Investment income recognised		in statement		offinancial	activities	(126)	(104)
Fair value gains and losses on		investments				1,275
Depreciation and impairment of tangible			fixed assets			46,651	46,777
Movements in working	capital:
Decrease/(increase) in	debtors					9,460	(7,599)
(Decrease)/increase in	creditors					(48,734)	61,513
Cash generated from	operations					516,940	197,071

Analysis	ofchanges in net (debt)/funds	ofchanges in net (debt)/funds
			At 1 April 2021	Cash flowsAt 31 March 2022
			E	F
Cash at	bank and	in hand	369,418	247,283	616,701
Loans falling due Loans falling due		within one year after more than one year	(25,674) (701,868)	(621) 27,735	(26,295) (674,133)
			(358,124)	274,397	(83,727)