2021-03-31-accounts - Cartref Limited

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	Page
Legal and administrative information
Trustees' report	2 —5
Auditors' report to the trustees	6 —8
Statement offinancial activities
Balance sheet
	10
Notes to the fmancial statements	11-19

Charity number	Charity number	1113855
Trading name		Car(ref Care Homes
Business address		88-90Lake Road East		85-91 Station Road
		Cardiff		Cardiff
		CF23 SNP		CFI4 SUU
Registered	office	88-90Lake Road East
		Cardiff
		CF23 SNP
President		Sir Norman Lloyd Edwards KCYO, GCStJ, RD*,GOMLJ, JP,RNR.
Trustees		MrJWilliams	(Chair ofthe
		Board)
		Mr P D Boobier (Vice Chair of
		the Board)
		Mrs EGreen
		Mr S W LJames
		Mrs JA Collinge
CEO		Ms A Ravenscrofi
Treasurer		None Appointed
Management	committees	1.The Board		2.Managers
		The Trustees		CEO
		CEO The Treasurer Mr A Crocker Ms M Salisbury Mr D Barry		Mrs D Pinkard (Home Manager) Ms RRogers (Home Manager) Mr G Hill (Hospitality Manager) Mr SEllis (Buildings Manager)
		Mrs JA Rogers
Auditors		Naunton Jones Le Masurier
		12York Place
		Barry
		CF62 7ED
Bankers		Barclays Bank pic
		42 Wellfield Road
		Cardiff
		CF24 3YR
Solicitors		Dolmans Solicitors
		One Kingsway
		Cardiff
		CF103DS

				Unrestricted	Unrestricted	funds
				2021		2020
Incoming resources			Notes	Total		Total f
Incoming resources from generating		funds:
Voluntary income
Activities for generating	funds			6,792		3,445
Investment income						4,597
Incoming resources from charitable Other incoming resources		activities		1,349 2,732,908	2,386 2,531,174
				94 585
Total incoming resources
				2~35~64	2	54 600
Resources expended
Costs ofgenerating funds:
Investment management Costs ofcharitable activities	costs			658		746
Governance costs				2,503,068 6.677	2,580,921 10106
Total resources expended				2 510,403	259) 773
Net income / (outgoing) resources before other recognised gains and losses Other recognised gains and losses				325,231	(50,171)
Gains/(losses) on disposal and revaluation ofinvestment assets			10	11456		4351
Net incoming / (outgoing) resources Total funds brought forward				336,687	(54,522)
				1.924.371	~1978893
Total funds carried forward
				W63.,058	1824971

Notes to financial statements	Notes to financial statements	Notes to financial statements	Notes to financial statements	Notes to financial statements
For the year ended 31March					2021
3.	Activities		for generating			funds			2021	2020
									Total	Total
	Fundraising events
										4 597
										~47
4.	Investment		income
									2021	2020
									Total	Total
	Bank interest receivable
	Dividends	received							6l I	852
									738	i 534
										2 3W6
5.	Incoming	resources from				charitable	activities	2021		2020
								Total		Total
										g
	Accommodation fees							2 732904		2,531J74
6.	Other incoming resources							2021		2020
								Total		Total
	Government		grants					94	585
								~94	85
7.	Investment	management			costs			2021		2020
								Total		Total
										g
Investment management				fees
										746

Costs ofcharitable activities	Activities
	undertaken	Support	2021	2020
	directly	costs	Total	Total
Provision ofresidential carefor the	elderly
Staffcosts (see note 12) Stafftraining Staff uniforms Catering Services to residents Household expenses Rates Insurance Light and heat Repairs and renewals Hire and maintenance ofequipment Printing, postage and stationery Computer costs Telephones and internet Advertising Motor expenses Bad debts General expenses	1,961,812 6,000 1,238 74,442 7,692 37,573 10,993 22,317 74,892 57,392 22,714 4,660 4 762	158,297 10,826 4,990 5,198 1,740	2,120,109 6,000 1,238 74,442 7,692 37,573 10,993 22,317 74,892 57,392 22,714 10,826 4,990 5,198 1,740 4,660 4 762	2,119,198 4,320 1,170 90,658 13,590 35,184 23,741 20,560 58,227 85,509 19,233 4,741 4,722 16,547 1,545 5,634 24,729 718
Subscription s		662	662	532
Bank interest and charges Depreciation and amorti sation	35 852	1,197 I 815	1,197 37667	1,575 48.788
	2,318343	184725	2+03 068	2 5~80 21

9.	Governance costs
				2021	?020
				Total	Total
	Auditor remuneration
	Legal and professional			6,000	6,000
	General expenses			13	3,352
				664	754
				6@77	.10 1~6
10.	Other recognised gains	/ (losses)		2021	2020
				Total	Total
	Realised gains / (losses) on disposal ofinvestments Unrealised gains / (losses) on revaluation ofinvestments			11456	2,775 (7 126)
				~114 6	(~3M5)
1L	Net (outgoing)/incoming	resources for	the year	2021	2020
				Total	Total
	Net (outgoing)/incoming resources is stated atter charging: Depreciation and other amounts written oiftangible fixed assets Auditors' remuneration			37,667	48,788
					~0

or t	be year ended	31March 2021
12.	Employees		2021	2020
	Employment	costs	Total	Total
	Wages and salaries
	Social security Pension costs	costs	1,904,574 122,182	1,9]7,776 107,354
			93.353	94068
			2@0~19	~211 195

on the basis o	ing the trustees) during the yea	r calculate
	2021	2020
	Number	Number
Direct employees Management and administration Maintenance	123 9	120 9
	4	4
	136

		2021	2020
			8
Pension	charge	~93 3	94406

	Corporation TsxAct 20	0. Accordingly,	there is no tax	there is no tax	ation charge	ation charge	in these accoun	ts.
16.	Tangible fixed assets		Land and		Fixtures
			buildings		fittings and		Motor
			freehold		equipment		Vehicles	Total
	Cost
	At 1 April 2020 Additions Disposals		2,019,321		219,251 7,468		26,129	2,264,701 7,468
	At 31March 2021		2~01	1	226	729	2~	72 16
	Depreciation
	At 1 April 2020 Charge for the year Disposals		164,317 27,386		200,831 10,281		26,129 —	391,277 37,667
	At 31March 2021		~1703		2~11	12	~612	~494
	Net book values
	At 31 March 2021		1 827~L8		15	607		1,843 225
	At 31 March 2020		1 855 0&4		~1			3 424
17.	Fixed asset investments						Listed
							investments	Total
	Valuation
	At 1 April 2020 Additions						53,089	53,089
	Disposals
	Revaluations						11456	11456
	At 31March 2021						545	~64
	Historical cost as at 31March 2021						50244	5~44
All fixed asset investments		are held within	the United	Kingdom.

1S.	Debtors				2021	2020
	Trade debtors Prepayments and other debtors				292,756 18987	70,301 13909
					~31 4	~84 1
19.	Creditors: amounts falling due	within one	year		2021	2020
	Bank overdrag Trade creditors Other taxes and social security Accruals and deferred income				34,166 21,812 23,940 116282	44,247 32,729 25,720 89363
					~19 11	192059
					2021	2020
20.	Creditors: amouats falling due	after more	than oue year
	Bounce back loan				50000
21.	Financial commitments
	At 31 March 2021 the company leases as follows:	had annual	commitments	under	non-cancellable	operating
					2021	2020
	Expiry date:
	Within one year Between two and five years					17,369
	Over five years				133513

Unrestricted funds analysis		2021	2020
Fund balances at 31 March as represented Tangible fixed assets Investment assets Bank and cash	by:	1,843,225 64,545	1,873,424 53,089
Net money due to the charity		287,745 65 543	105,707 ~107849
		2+61 058	I 924~71