2022-03-31-accounts - Cartref Limited

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

egal and administrative info	egal and administrative info	egal and administrative info	rmation
Charity number			1113855
Trading name			Cartref Care Homes
Business address			88-90Lake Road East		85-91 Station Road
			Cardiff		Cardiff
			CF23 5NP		CF14 5UU
Registered	office		88-90 Lake Road East
			Cardiff
			CF23 5NP
President			Sir Norman Lloyd Edwards KCYO, GCStJ, RD*,GOMLJ, JP,RNR.
Trustees			Mr JWilliams	(Chair ofthe
			Board)
			Mr P DBoobier (Vice Chair of
			the Board)
			Mrs EGreen
			Mr SW LJames
			Mrs JA Collinge
CEO			Ms A Ravenscroft
Treasurer			None Appointed
Management		committees	1.The Board		2.Managers
			The Trustees		CEO
			CEO		Mrs DJones (Home	Manager)
			The Treasurer		Ms RRogers (Home	Manager)
			Mr A Crocker		Mr G Hill (Hospitality	Manager)
			Mrs JA Rogers		Mr SEllis (Buildings	Manager)
			Mrs EReid-Jones		Miss RBartlett (Finance/Office		Manager)
Auditors			Naunton Jones	LeMasurier
			12York Place
			Barry
			CF62 7ED
Bankers			Barclays Bank	pic
			42 Wellfield Road
			Cardiff
			CF24 3YR
Solicitors			Dolmans Solicitors
			One Kingsway
			Cardiff
			CF103DS

or the year ended 31Marc	h 2022
				Unrestricted	funds
				2022	2021
				Total	Total
			Notes
Incoming resources
Incoming resources from generating		funds:
Voluntary income				1,974	6,792
Activities for generating	funds
Investment income				2,733	1,349
Incoming resources from charitable		activities		2,752,079	2,732,908
Other incoming resources				192050	94585
Total incoming resources				~2948
Resources expended
Costs ofgenerating funds:
Investment management	costs			949	658
Costs ofcharitable activities				2,515,453	2,503,068
Governance costs				7931	6677
Total resources expended				2+24 333	251'403
Net income / (outgoing) resources other recognised gains and losses		before		424,503	325,231
Other recognised gains and losses
Gains/(losses) on disposal and revaluation
ofinvestment assets			10	~1462)	11456
Net incoming / (outgoing)	resources			423,041	336,687
Total funds brought forward				2 261 058	~124371
Total funds carried forward				2 684 0	2~258

Costs ofcharitable	activities	activities	Activities
			undertaken	Support	2022	2021
			directly	costs	Total	Total
Provision ofresidential		carefor the	elderly
Staffcosts (see note	12)		1,918,884	161,332	2,080,216	2,120,109
Stafftraining			3,467		3,467	6,000
Staff uniforms			2,534		2,534	1,238
Catering			71,081		71,081	74,442
Services to residents			7,232		7,232	7,692
Household expenses			30,700		30,700	37,573
Rates			24,415		24,415	10,993
Insurance			25,298		25,298	22,317
Light and heat			73,020		73,020	74,892
Repairs and renewals			95,487		95,487	57,392
Hire and maintenance		ofequipment	22,574		22,574	22,714
Printing, postage and	stationery			13,644	13,644	10,826
Computer costs				8,475	8,475	4,990
Telephones and internet				6,608	6,608	5,198
Advertising				1,663	1,663	1,740
Motor expenses			3,819		3,819	4,660
Bad debts						4
General expenses			1,917		1,917	762
Subscriptions				1,318	1,318	662
Bank interest and charges				1,147	1,147	1,197
Loan interest				870	870
Depreciation and amortisation			33459	6509	39968	37667
			~13887	201 566	2@15453	2+93068

Notes t	o financial statements
For the	year ended 31March	2022
9.	Governance costs				2022	2021
					Total	Total
	Auditor remuneration				6,000	6,000
	Legal and professional				948	13
	General expenses				983	664
					7931	6677
10.	Other recognised gains	/ (losses)			2022	2021
					Total	Total
	Realised gains / (losses)	on disposal		ofinvestments
	Unrealised gains / (losses) on revaluation ofinvestments				(1462)	11456
					(1463)	11456
11.	Net (outgoing)/incoming	resources		for the year	2022	2021
					Total	Total
	Net (outgoing)/incoming	resources		is stated aller charging:
	Depreciation and other amounts Auditors ' remuneration		written offtangible fixed assets		39,968 6000	37,667 6000

n the basis o	ffull time equivalents, was as follows:
		2022	2021
		Number	Number
Direct employees		106	123
Management	and administration	5	9
Maintenance		4	4
		115	136

ontributio	ns due from the company and was	as follows:
		2022	2021
Pension	charge	90207	93353

Notes to financial st	Notes to financial st	atements
For the year ended		31March 2022
18.	Debtors						2022	2021
	Trade debtors						261,433	292,756
	Prepayments	and other debtors					17470	18987
							~278 03	311743
19.	Creditors: amounts falling due		within	one year			2022	2021
								f.
	Bank overdraft						15,918	34,166
	Trade creditors						44,065	21,812
	Other taxes and social security						22,534	23,940
	Accruals and	deferred income					173272	116282
							2~	M~1200
							2022	2021
								f,
20.	Creditors: amounts falling due		after	more	than one year
	Bounce back	loan					42 500	50000
							4~200	~5000
21.	Financial commitments
	At 31 March	2022 the company	had	annual	commitments	under	non-cancellable	operating
	leases as fogows;
							2022	2021
	Expiry date:
	Within one year
	Between two	and five years
	Over five years						115711	1335]3
							115711	~133 5 3

Unrestricted	funds		At			Other	At
			IApril			gains/	31March
			2021	Incoming	Outgoing	(losses)	2022
General unrestricted		fund	(206,020)	2,946,103	(2,523,384)	—	216,699
Investment	fund		39,782	2,733	(949)	(1,462)	40,104
Cartref Committee		donated fund	2427 296	—	—	—	2~427 96
			226 0	2~6	(2 5~4	(I 462)	2 684

Unrestricted funds analysis	Unrestricted funds analysis		2022	2021
Fund balances at 31March as represented		by:
Tangible fixed assets			1,825,960	1,843,225
Investment assets			184,037	64,545
Bank and cash Net money due to/(from)	the charity		693,488 ~1386)	287,745 65 543
			268	2 610