| Pages | |||||
|---|---|---|---|---|---|
| Trustees' | annual report | (incorporating | the director's report) | 1to 5 | |
| Independent auditor's |
report to the members | 6to10 | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | 12 | ||
| Statement | ofcash flows | 13 | |||
| Notes to | the financial | statements | 14to22 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 16,592 | 84,755 | 101447 | 112,843 | ||
| Charitable activities |
6 | 2,124,249 | 2,124,249 | 1,878,666 | |||
| Total income | 2,140,841 | 84,755 | 2,225,596 | 1,991,509 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofraising donations | and | ||||||
| legacies | 7 | (8,479) | (8,479) | (4,317) | |||
| Expenditure on charitable |
activities | 8,9 | (1,866,732) | (76,435) | (1,943,167) | (1,686,571) | |
| Total expenditure | (1,875,211) | (76,435) | (1,951,646) | (1,690,888) | |||
| Net income | 265,630 | 8,320 | 273,950 | 300,621 | |||
| Transfers between funds | 26,544 | (26,544) | |||||
| Net movement in funds |
292,174 | (18,224) | 273,950 | 300,621 | |||
| Reconciliation offunds | |||||||
| Total funds brought forward |
3,193,792 | 874,762 | 4,068,554 | 3,767,933 | |||
| Total funds carried forward | 3,485,966 | 856,538 | 4,342,504 | 4,068,554 |
| 31MARCH | 2023 | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Note | f | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 15 | 6,513,181 | 6,599,111 | |||
| Current assets | ||||||
| Debtors | 16 | 86,482 | 88,218 | |||
| Cash at bank and in hand | 655,382 | 457,727 | ||||
| 741,864 | 545,945 | |||||
| Creditors: amounts | falling due within | one year | 17 | (218,427) | (210,996) | |
| Net current assets | 523,437 | 334,949 | ||||
| Total assets less current liabilities | 7,036,618 | 6,934,060 | ||||
| Creditors: amounts | falling due after | more than | ||||
| one year | 18 | (2,694,114) | (2,865,506) | |||
| Net assets | 4,342,504 | 4,068,554 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 856,538 | 874,762 | ||||
| Unrestricted funds |
3,485,966 | 3,193,792 | ||||
| Total charity funds | 19 | 4,342,504 | 4,068,554 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net income | 273,950 | 300,621 | |||
| Adjustments for: | |||||
| Depreciation oftangible fixed assets | 153,004 | 147,129 | |||
| Accrued (income)/expenses | (1,560) | 1,560 | |||
| Changes in: | |||||
| Trade and other debtors | 1,736 | (35,974) | |||
| Trade and other creditors | 7,991 | (85,758) | |||
| Cash generated from operations |
435,121 | 327,578 | |||
| Net cash from operating activities |
435,121 | 327,578 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible assets | (67,074) | (28,534) | |||
| Net cash used in investing | activities | (67,074) | (28,534) | ||
| Cash flows from financing | activities | ||||
| Proceeds from borrowings | (170,392) | (175,323) | |||
| Net cash used in financing | activities | (170492) | (175,323) | ||
| Net increase in cash and cash equivalents | 197,655 | 123,721 | |||
| Cash and cash equivalents | at beginning | ofyear | 457,727 | 334,006 | |
| Cash and cash equivalents | at end ofyear | 655482 | 457,727 |
trustee in the event ofwinding up is DONATIONS AND LEGACIES |
y limited to Kl. |
||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| 4 | |||
| Donations | |||
| Donations | 14,211 | 19,998 | 34,209 |
| Grants | |||
| Grants receivable | 2,381 | 64,757 | 67,138 |
| 16,592 | 84,755 | 101,347 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| 6 | |||
| Donations | |||
| Donations | 35,544 | 35,544 | |
| Grants | |||
| Grants receivable | 77,299 | 77,299 | |
| 35,544 | 77,299 | 112,843 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | ||||
| Fee income | 2,124,249 | 2,124,249 | 1,878,666 | 1,878,666 | |||
| 7. | COSTSOF RAISING DONATIONS | AND LEGACIES | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| Costs ofraising donations | and legacies | ||||||
| - Donations | 8,479 | 8,479 | 4,317 | 4,317 | |||
| 8. | EXPENDITURE ON CHARITABLE | ACTIVITIES BYFUND TYPE | |||||
| Unrestricted | Restricted | Total Ii'unde | |||||
| Funds | Funds | 2023 | |||||
| Residential | care and respite for disabled | children | 1,859,691 | 76,435 | 1,936,126 | ||
| Support costs | 7,041 | 7,041 | |||||
| 1,866,732 | 76,435 | 1,943,167 | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| Residential | care and respite for disabled | children | 1,579,327 | 95,523 | 1,674,850 | ||
| Support costs | 11,721 | 11,721 | |||||
| 1,591,048 | 95,523 | 1,686,571 | |||||
| 9. | EXPENDITURE ON CHARITABLE | ACTIVITIES BYACTIVITY TYPE |
| EXPENDI | TURE ON CHARITAB | LE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Total funds | Total fund | |||
| directly | Support costs | 2023 | 2022 | ||
| K | |||||
| Residential | care and respite for | ||||
| disabled children | 1,936,126 | 1,936,126 | 1,674,850 | ||
| Governance | costs | 7,041 | 7,041 | 11,721 | |
| 1,936,126 | 7,041 | 1,9439167 | 1,686,571 |
| Net income is stated after charging/(creditin | g): | ||
|---|---|---|---|
| 2023 | 2022 | ||
| f | |||
| Depreciation oftangible fixed assets | 153t004 | 147,129 | |
| AUDITORS REMUNERATION | |||
| 2023 | 2022 | ||
| 8 | |||
| Fees payable for the audit ofthe financial | statements | 8,400 | 8,400 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period are analysed as | follows: |
| 2023 | 2022 | |||
| Wages and salaries | 1,071,767 | 919,089 | ||
| Social security costs | 95,095 | 79,527 | ||
| Employer contributions |
to pension | plans | 18,710 | 16,933 |
| 1,185,572 | 1,015,549 |
| The average | number ofemployees | during the year is analysed | as follows: | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| No. | No. | ||||
| Administrative | staff | 12 | 14 | ||
| Care staff | 37 | 31 | |||
| 49 | 45 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| No. | No. | ||||
| %60,000 | to | 669,999 | I |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Freehold | Plant and | Fixtures and | ||
| property | machinery | fittings | Total 8 |
|
| Cost | ||||
| At 1 April 2022 | 6,453,032 | 241,941 | 235,283 | 6,930,256 |
| Additions | 7,434 | 59,640 | 67,074 | |
| At 31March 2023 | 6,453,032 | 249,375 | 294,923 | 6,997,330 |
| Depreciation | ||||
| At 1 April 2022 | 167,652 | 45,535 | 117,958 | 331,145 |
| Charge for the year | 83,826 | 24,937 | 44,241 | 153,004 |
| At 31March 2023 | 251,478 | 70,472 | 162,199 | 484,149 |
| Carrying amount At31March 2023 |
6,201,554 | 178,903 | 132,724 | 6,513,181 |
| At 31March 2022 | 6,285,380 | 196,406 | 117,325 | 6,599,111 |
| DEBTORS | ||||
| 2023 | 2022 | |||
| Trade debtors | 85,982 | 87,618 | ||
| Other debtors | 500 | 600 | ||
| 86,482 | 88,218 |
| CREDITORS: amounts falling due within one ye |
ar | |
|---|---|---|
| 2023 | 2022 | |
| Bank loans and overdraiis | 76,200 | 75,200 |
| Trade creditors | 29,113 | 34,824 |
| Accruals and deferred income | 8,400 | 9,960 |
| Social security and other taxes | 22,151 | 21,416 |
| Other creditors | 82,563 | 69,596 |
| 218,427 | 210,996 |
| 2023 | 2022 |
|---|---|
| 2,694,114 | 2,865,506 |
| At | At 31March | ||||||
|---|---|---|---|---|---|---|---|
| 1 | April 2022 | Income | Expenditure | Transfers | 2023 | ||
| f, | f, | ||||||
| General | funds | 3,193,792 | 2, 140,841 | (1,875,211) | 26,544 | 3,485,966 | |
| At | At 31 March | ||||||
| 1 | April 2021 | Income | Expenditure | Transfers | 2022 | ||
| General | funds | 2,874,947 | 1,914,210 | (1,595,365) | 3,193,792 |
| Restricte | d funds | ||||||
|---|---|---|---|---|---|---|---|
| At | At 31March | ||||||
| 1 | April 2022 | Income | Expenditure | Transfers | 2023 | ||
| Building | Fund | 874,762 | 84,755 | (76,435) | (26,544) | $56,538 | |
| At | At | 31 March | |||||
| 1 | April 2021 | Income | Expenditure | Transfers | 2022 | ||
| Building | Fund | 892,986 | 77,299 | (95,523) | 874,762 |
| ANALYSIS OF N | ET | ASSETSBETWE | EN FUNDS | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Fuads | |||
| Funds | Funds | 2023 | |||
| Tangible fixed assets Current assets |
5,656,644 741,864 |
856,537 | 6,513,181 741,$64 |
||
| Creditors less than | 1 year | (218,427) | (218,427) | ||
| Creditors greater than | 1 year | (2,694,114) | (2,694,114) | ||
| Net assets | 3,485,967 | 856,537 | 4,342,504 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| Tangible fixed assets | 5,724,349 | 874,762 | 6,599,111 | ||
| Current assets |
545,945 | 545,945 | |||
| Creditors less than | 1 year | (210,996) | (210,996) | ||
| Creditors greater than | 1 year | (2,865,506) | (2,865,506) | ||
| Net assets | 3,193,792 | 874,762 | 4,068,554 |
| ANA | LYSIS OF CHANGES IN NET | DEBT | ||
|---|---|---|---|---|
| At | ||||
| At 1 Apr 2022 | Cash flows | 31Mar 2023 | ||
| Cash | at bank and in hand | 457,727 | 197,655 | 655,382 |
| Debt | due within one year | (75,200) | (1,000) | (76,200) |
| Debt | due after one year | (2,865,506) | 171,392 | (2,694,114) |
| (2,482,979) | 368,047 | (2,114,932) |