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||||||||Page|
|---|---|---|---|---|---|---|---|
|Company
information||||||||
|Directors' Report|||||||2-16|
|Consolidated|Statement||of Comprehensive|||Income|17|
|Consolidated|Statement||ofChanges||in Equity||18|
|Company
Statement||of|Changes|in|Equity||18|
|Consolidated|Statement||of Financial||Position||19|
|Company
Statement||of|Financial|Position|||20|
|Consolidated|Statement||ofCash|Flows|||21|
|Notes to the|Financial|Statements|||||22-28|
|Independent|Auditor's|Report|||||29-30|
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|Board ofTrustees:|Board ofTrustees:|||Ranjit Bhamra|Chair|
|---|---|---|---|---|---|
|||||Hugh
Miller|Treasurer|
|||||Andrew
Crawford|Vice-Chair|
|||||Vinod Kumar Khanna|Chief Exec|
|||||Ron Horace French||
|||||Anne Bramely||
|||||Pamela
Crawford||
|||||Peter Onley|- resigned|
|||||Pippa Catterall|- resigned|
|Secretary:||||Vinod Kumar Khanna||
|Registered|Office:|||20 Whitehall
Lane||
|||||Slade Green||
|||||Kent||
|||||DA8 2DH||
|Registered|Number:|||5296168||
|Charity Registration||Number||1107820||
|Group VAT|Registration||No.|292854171||
|Auditors:||||Appleby
&Wood (London) Limited||
|||||40 The Lock Building||
|||||Strafford||
|||||London||
|||||E152QB||
|Bankers:||||National Westminster|Bank|
|||||1 Townley Road||
|||||Bexleyheath||
|||||DA6 7JG||
|Solicitors||||Grippe Harries
Hall LLP||
|||||Wallside House||
|||||12 Ephraim
Road||
|||||Tunbridge
Wells||
|||||Kent||
|||||TN1 1EG||
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||||||||||||Prior Year|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||unrestricted||Designated|Restricted||Total Funds|Total Funds|
|||||Note|Funds||Funds|Funds||2022|2021|
|Income and endowments||from:||||||||||
|Incoming
resources|from generated||funds|||||||||
|Charitable
activities|||||5,055,246|||||5,055,246|5,659,768|
|Investments|||||1,376|||||1,376|2,033|
|Other Incoming Resources|||||85,114|||||85,114|105,582|
|Total||||1|5,141,736|||||5,141,736|5,767,383|
|Expenditure
on:||||||||||||
|Charitable
Activities|||||4,706,555||476,089|||5,182,644|5,438,653|
|Other - Governance|cost||||63,473|||||63,473|35,055|
|Total|||||4,770,028||476,089|||5,246,117|5,473,708|
|Net Incoming/(Expenditure)|||||371,708|(|476,089 )||(|104,381 )|293,675|
|Corporation
tax||||15||||||||
||||||371,708|(|476,089 )||(|104,381 )|293,675|
|Transfers
between|funds|||||||||||
|Net movement
in funds|||||371,708|(|476,089 )||(|104,381 )|293,675|
|Reconciliation
offunds:||||||||||||
|Total funds brought|forward|||10|7,456,555||596,706|56,554||8,109,815|7,816,140|
|Total Funds carried|forward|at 31|March|2022|7,828,263||120,617|56,554||8,005,434|8,109,815|
##
|Funds||||General||Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
|||||E|||||
|As at 31st March||2021||7,456,555||596,706|56,554|8,109,815|
|Transfer between||reserves||476,089|(|476,089 )|||
|Comprehensive|loss||(|104,381 )||||(104,381)|
|As at 31st March||2022||7,828,263||120,617|56,554|8,005,434|
|Funds||||General||Designated|Restricted||Total|
|---|---|---|---|---|---|---|---|---|---|
|||||t:|||||F|
|As at 31st March||2021||7,538,466||596,706|56,554||8,191,726|
|Transfer between||reserves||476,089|(|476,089 )||||
|Comprehensive|loss||(|23,606 )||||(|23,606 )|
|As at 31st March||2022||7,990,949||120,617|56,554||8,168,120|
##
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|COMPANY LIMITED BYGU|ARANTEE -|NO 529616|8|
|---|---|---|---|
|COMPANY STATEMENT OF FINANCIAL|POSITIONT|AS AT 31st|MARCH 2022|
|Note|Total funds 2022
f||Total funds 2021|
|Fixed Assets||||
|Tangible assets
Investments||4,433,541
1,070,100|4,205,509
1,070,100|
|Current Assets||||
|Debtors &Prepayments
Stock
Short term Deposits
Cash at Bank & in hand
Suspense
account|1,830,680
97,528
1,507,577
3,840
16,134||2,546,184
118,975
906,226
86,103
51,198|
|Total current assets|3,455,759||3,708,686|
|Current
Liabilities||||
|Creditors
falling due within one year|752,958||753,247|
||752,958||753,247|
|Net Current Assets or (liabilities)
Total assets less current liabilities||2,702,801
8,206,442|2,955,439
8,231,048|
|Creditor amount
falling due||||
|in more than one year||(38,322)|(39,322)|
|Total net assets||8,168,120|8,191,726|
|The funds ofthe charity:||||
|General funds
Designated
funds
Restricted
funds||7,990,949
120,617
56,554|7,538,466
596,706
56,554|
|Total charity funds||8,168,120|8,191,726|
##
|Statement ofcash flows|||||Total funds|Prior year|
|---|---|---|---|---|---|---|
||||||2022
f|funds 2021
f|
|Cash flows from operating
activities:|||||||
|Net cash provided by (usedin) operating|activities||||(102)|532,667|
|Cash flows from investing
activities:|||||||
|Dividends,
interest and rents from investments
Proceeds from the sale ofproperty,
plant and equipment|||||1,376|2,033|
|Purchase of property,
plant and equipment
Blossoms Care Home Ltd cash at bank at acquisition|||||(539,186)|(238,068)|
|Purchase of investments|||||||
|Net cash provided
by (used in)investing
Cash flows from financing
activities:|activities||||(537,912)|296,632|
|Repayments
of borrowing|||||||
|Cash inflow from new borrowing|||||||
|Receipt ofendowment|||||||
|Net cash provided
by (used in) financing|activities||||(537,912)|296,632|
|Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents
at the beginning
ofthe reporting
Cash and cash equivalents
at the end ofthe reporting
period|||period||(537,912)
2,354,753
1,816,841|296,632
2,058,121
2,354,753|
|Reconciliation
of net incomel ex enditure|to net cash|flow from o||cretin|activities||
|Net incomei(expenditure)
for the reporting
period|||||||
|(asper the statement offinancial activities)
Adjustments
for:|||||(104,381)|293,675|
|Depreciation
charges|||||308,052|184,480|
|Amortisation
charges
Interest from investments
Corporation
tax
Loss/(profit)
on the sale offixed assets|||||42,998
(1,376)
464|42,998
(2,033)
(10,148)
909|
|(Increase)/decrease
in debtors
(Increase)/decrease
in stock
Increase/(decrease)
in creditors
Net cash provided by (used in) operating|activities|||(163,643)
21,447
~(103,663
~702||(292,505)
133,955
181,336
632,667|
|Anal sis ofcash and cash e uivalents||||Total funds
2022||Prior year
funds 2021|
|Cash in hand
Investment
capital reserve account
Total cash and cash equivalents|||||309,264
1,507,577
1,816,841|1,448,527
906,226
2,354,753|
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|||||Charitable||Bank|Other|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Activities||Interest|Income|2022|2021|
||SLA Contract|||2,784,693||||2,784,693|3,351,573|
||Spot Contracts|||311,441||||311,441|436,664|
||Bank Interest Received|||||1,376||1,376|2,033|
||Other Income|||296,498|||85,114|381,612|702,740|
||Apex - equipment
sales|||1,662,614||||1 662 614|1,274,373|
||Total Income|||5,055,246||1,376|85,114|5,141,736|5,767,383|
|Note2|Anal sisof Ex enditure|||||||||
|||||||Charitable||||
|||||||Activities|Other|Total 2022|Total 2021|
|||||||E|6|E|6|
||Costs directly allocated fo activities:|||||||||
||Staff costs (including|expenses|and|other costs)||2,665,741|21,951|2,687,692|2,803,583|
||Governance
Expenses|||||||||
||Consultants|||||3,492||3,492|76,199|
||Legal & professional|costs||||||||
||Audit||||||40,467|40,467|12,720|
||Support costs allocated to activities:|||||||||
||Staff training|||||5,770||5,770|4,098|
||Equipment|||||552,093||552,093|445,102|
||Service &Provisions|||||732,634||732,634|854,484|
||Premises
Insurance
General office expenses|||||750,604
29,022
34,228||750,604
29,022
34,228|767,832
23,606
46,873|
||Recruitment
Travel &subsistence|||||5,913||5,913|1,358
13,097|
||Vehicle expenses|||||156,563||156,563|126,438|
||Communications
I.T., support 8 maintenance|||||23,550
147,290||23,550
147,290|24,741
151,820|
||Legal & professional|costs||||27,030|1,055|28,085|40,597|
||General/Office
equipment
Bank charges
Loss on Disposal offixed assets||||(|205)
3,464
464|(|205 )
3,464
464|18,051
2,444
909|
||Amortisation|||||42,998||42,998|42,998|
||Other|||||1,993||1 993|16758|
|||||||5,182,644|63,473|5,246,117|5,473,708|
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|Note|2|a Anal sis oftot|al resources ex|ended|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Other||||||
|||||||Support|Direct||||||
||||||Staff Costs|Costs|Costs|Total 2022||Total 2021|||
||||||f|f|f|||6|||
|||Charitable
Activittes|||2,665,741|1,025,660|1,491,243|5,182,644||5,438,653|||
|||Governance
Total resources|expended||21,951
2,687,692|41,522
1,067,182|-
1,491,243|63,473
5,246,117||35,055
5,473,708|||
|||b Anal sisofsu|ortcosts|||||2022||2021|||
|||||||||6||6|||
|||Employee - related costs|||||||||||
|||Meals &Provisions|||||||||||
|||Premises||||||750,604||767,832|||
|||Communications
& IT
Postage 8 Printing
& Stationery
Professional
Services||||||170,840
34,228
27,030||176,561
46,873
39,647|||
|||Governance
Total support costs||||||41,522
1,024,22||13,670
1,044,583|||
|||c)Analysis ofgovernance costs||||||2022||2021|||
|||||||||6||6|||
|||Audit fees
Professional
fees
Trustee expenses||||||40,467
1,055||12,720
950|||
|||Apportionment
of
Total governance|staff costs
costs|||||21,951
63,473||21,385
35,055|||
|Note|3|Fixed Assets|||||Rental Assets||||||
|||||Land &||Sidcup|Day Care|Fixtures &||Motor|||
|||||Buildings
6|Warehouse
F|Shop|Centre
6|Fittings
f||Vehicles
6||Totalf|
|||Cost b/fwd 1.4.21|- Group|3,452,958|880,242|652,435|124,814|481,121||109,352||5,700,922|
|||Additions
Disposals
Cost c/fwd 31.3.22||3,452,958|880242|652435|124,814|539,186
1,020,307|(|580 )
108,772|(|539,186
580 )
6,239,528|
|||Depreaation
b/fwd|1.4.21 —Group|156,510|169,451|44,960|124,814|281,216||71,253||848,204|
|||Charge for the year||49,836|17,605|11,609|-|211,222||17,780||308,052|
|||Disposals
Depreciation
c/fwd|31.3.22|206,346|187056|56569|124,814|492,438|(|116)
88,917|(|116)
1,156,140|
|||Net book value as|at 31.3.22|3,246,612|693,186|595,866||527,869||19,855||5,083,388|
|||Net book value as|at 31.3.21|3,296,448|710,791|607,475||199,905||38,099||4,852,718|
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|Goodwill|||
|---|---|---|
|||Goodwill|
|COST||f|
|Cost b/fwd|01.04.21|429,983|
|Additions|||
|Disposals|||
|Cost c/fwd|31.03.22|429,983|
|AII4ORTISATION|||
|Amortisation|b/fwd 01.04.21|85,996|
|Charge for|the year|42,998|
|Impairment|||
|Amortisation|c/fwd 31.03.22|128,994|
|Net Book Value as at31.03.22||300,989|
|Net Book Value as at 31.03.21||343,987|
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