||||Page||
|---|---|---|---|---|
|Strategic Report||1|to|3|
|Rcport ofthc Trusteos||4|to|7|
|Report ofthe Independent|Auditors|8|to|11|
|Consolidated<br>Statement ofFinancial Activities|||12||
|Consolidated<br>Balance Sheet|||13||
|Charitable<br>Company Balance Sheet|||14||
|Cash Flow Statement|||15||
|Notes to the Consolidated|Cash Flow Statement||16||
|Notes to thc Consolidated|Financial Statements|17|to|34|
|Detailed Consolidated<br>Statement ofFinancial Activities||35|to|36|





## 

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## 

## 

|Total expenditure<br>also inc|reased to|f10,570,89|3 from f10,11|3,871 which was|only an increase|off457,022.||||
|---|---|---|---|---|---|---|---|---|---|
|Margins<br>on all contracts|remained|very tight|but measures|have<br>been put|in place to ensure|an effective|control|over costs.|A|
|comparison ofthe last three years is noted below:||||||||||
|||||2022||2021||2020||
|Total incoming<br>resources||||11,043,978|10,208,854|||9,889,666||
|Unrestricted<br>incoming<br>resources||||10,803,603|8,559,240|||8,343,941||
|Net gains on investments<br>Unrestricted<br>surplus||||570,000<br>991,947||179,618||156,331||



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## 

|||||for the Year|Ended 31Marc|h 2022|||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|funds|fund|funds|funds|
||||Notes|f||f|f.||
|INCOME AND ENDOWMENTS|||||||||
|FROM|||||||||
|Donations<br>and legacies|||2|1,334|240,375||241,709|49,778|
|Charitable<br>activities|||||||||
|Drug snd alcohol treatment||services||9,105,805|||9,105,805|8,197,178|
|Residential<br>Services||||1,272,785|||1,272,785|1,475,097|
|Elderly||||56,484|||56,484|116,515|
|Other trading activities||||194,663|||194,663|124,040|
|Investment<br>income||||172,532|||172,532|240,221|
|Other income||||||||6025|
|Total||||10803 603|240 375||11,043,978|10208 854|
|EXPENDITURE ON|||||||||
|Raising funds||||120,172|||120,172|46,737|
|Charitable<br>activities|||7||||||
|Drug and alcohol treatment||services||8,508,390|189,237||8,697,627|8,404,468|
|Residential<br>Services||||1,555,568|||1,555,568|1,545,522|
|Elderly||||61,924|||61,924|117,144|
|Drug Treatments||||135602|||135,602||
|Total||||10,381,656|189237||0.570893|10»3 871|
|Net gains on investments||||570000|||||
|NET INCOME<br>Transfers<br>between<br>funds|||22|991,947<br>4|51,138<br>~34.389)|~77.250)|1,043,085|94,983|
|Net movement<br>in funds||||1,037,586|16,749|(11,250)|1,043,085|94,983|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought<br>forward||||3,231,933|1,368,407|146,250|4,746,590|4,651,606|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||42695 9|.38.|13|5789675|4746.|





## 

## 

||||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||Notes||fund<br>I|funds<br>E|fund|fundsI|funds|
|FIXEDASSETS|||||||||
|Tangible assets||15||216,263|1,087,789||1,304,052|1,348,370|
|Investment<br>property|||6|96996||135000|||
|||||2,623,189|1,087,789|135,000|3,845,978|3,900,083|
|CURRENT ASSETS|||||||||
|Debtors<br>Cash at bank||17||2,037,370<br>4 711396|297367||2,037,370<br>9<br>6|2,165,478<br>«977|
|||||6,748,766|297,367||7,046,133|6,213,455|
|CREDITORS|||||||||
|Amounts<br>falling due within one year||18||(4,519,530)|||(4,519,530)|(4,764,055)|
|NKT CURRENT ASSETS||||2229 236|297 367||2 526 603|1 449 400|
|TOTAL ASSETSLESS|||||||||
|CURRENT LIABILITIES||||4,852,425|1,385,156|135,000|6,372,581|5,349,483|
|CREDITORS|||||||||
|Amounts<br>falling due ager|more than||||||||
|one year||19||(430,906)|||(430,906)|(501,894)|
|PROVISIONS FOR|||||||||
|LIABILITIES||21||(152,000)|||(152,000)|(101,000)|
|||||||""|||
|NET ASSETS||||69<br>9|||.79.6|7«. 99|
|FUNDS||22|||||||
|Unrestricted<br>funds|||||||4,269,519|3,231,932|
|Restricted funds|||||||1,385,156|1,368,407|
|Endowment<br>funds|||||||135,000|146,250|
||||||||9|6. 99|
|The financial<br>statements|were approved||by the Board ofTrustees||and authorised|/( r~~<br>for issue on ............, .. ...., ..., ....~td were|||
|signed on its behalf by:|||||||||
|D<br>ntebi - Trustee|||||||||





## 

## 

|||||31Mar|ch 2022||||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
|||||Unrestricted||Restricted|Total|Total|
||||Notes||fund|funds<br>f|funds|fundsf|
|FIXEDASSETS|||||||||
|Tangible assets||||13|216,262|1,087,790|1,304,052|1,348,370|
|Investment<br>property||||14|2,000,000||2,000 000|1 430 000|
||||||2,216,262|1,087,790|3,304,052|2,778,370|
|CURRENT ASSETS|||||||||
|Debtors||||15|2,915,991||2,915,991|3,071,755|
|Cash at bank|||||3,898,590|297,366|4,195,956|3,763,381|
||||||6,814,581|297,366|7,111,947|6,835,136|
|CREDITORS|||||||||
|Amounts<br>falling due within one year||||16|(4,512,109)||(4,512,109)|(4,758,314)|
|NET CURRENT ASSETS|||||2,302,472|297366|2 599,838|2.076,822|
|TOTAL ASSETSLESS|CURRENT LIABILITIES||||4,518,734|1,385,156|5,903,890|4,855,192|
|CREDITORS|||||||||
|Amounts<br>falling due aRer <br>NET ASSETS|more than one|year||17|(430,906)<br>,8.88|(430,906)<br>(501,894)<br>. 6,»,«,», 98|||
|FUNDS<br>Unrestricted<br>funds<br>Restricted<br>funds||||19|||4,087,828<br>2,984,891<br>,888»6. 8||
|TOTAL FUNDS|||||||, ».98||
|Thefinancial<br>statements|wereapproved|bthe|Board|ofTrustees|and authorised|for issue on|..!**.**......J2.&...%.......arrwere||





## 

||||||Consolidated|Cash Flow Statement||
|---|---|---|---|---|---|---|---|
||||||for the Year|Ended 31March 2022||
|||||||31.3.22|31.3.21|
||||||Notes|||
|Cash flows from|operating|activities||||||
|Cash generated<br>from operations||||||409,398|2,176,982|
|Net cash provided|by operating||activities|||409,398|~2, 176982|
|Cash flows from|investing|activities||||||
|Sale oftangible fixed assets||||||(28,399)||
|Sale ofinvestment|property|||||579,787||
|Net cash provided|by investing||activities|||551,388||
|Change in cash and cash equivalents||||in the||||
|reporting<br>period||||||960,786|2,176,982|
|Cash and cash equivalents||at|the beginning||of|||
|the reporting<br>period||||||~4047 977|~1,870995|
|Cash and cash equivalents||at|the end|ofthe||||
|reporting<br>period||||||~5,008 763|4,047,977|





## 

## 

## 

|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|Net income for the|reporting|period (as per the Statement ofFinancial||||
|Activities)||||1,043,085|94,983|
|Adjustments<br>for:||||||
|Depreciation<br>charges||||44,318|37,166|
|Losses on investments||||(570,000)||
|Loss on disposal of|fixed assets|||28,399||
|Decrease in debtors||||128,108|33,346|
|(Decrease)/increase|in creditors|||~264 512)|~2011 487|
|Net cash provided|by operations|||409,398|2,176,982|
|ANALYSIS OF CHANGES IN NET FUNDS||||||
||||At 1.4.21|Cash flow|At 31 rh72|
|Net cash||||||
|Cash at bank and in|hand||~4047,977|~960786|~5008 763|
||||~4,047 977|960,786|~5,008 763|
|Total|||4,047,977|960,786|~5,008 763|





## 

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## 

## 

## 

|DONATIONS<br>AND LEGACIES|||
|---|---|---|
||31.3.22|31.3.21|
|Donations|1,334|1,737|
|Capital grants|240,375|48,041|
||241,709|49,778|



## 

## 

## 

|Grants received,|incl|uded<br>in the a|bove, are as|follows:||||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
|Capital Grants||||||~240 375|48.041|
|OTHER TRADING ACTIVITIES||||||||
|||||||31.3.22|31.3.21|
|||||||6||
|Miscellaneous|income|||||194,663|124,040|
|INVESTMENT INCOME||||||||
|||||||31.3.22|31.3.21|
|||||||I|I|
|Rents received||||||172,532|240,221|
|INCOME FROM CHARITABLE ACTIVITIES||||||||
|||||||31.3.22|31.3.21|
||||Activity|||I|f|
|Service Level Agreements|||Drug and|alcohol treatment|services|9,105,805|8,197,178|
|Cairn House|||Residential|Services||1,193,950|1,392,251|
|Service Level Agreements|||Residential|Services||78,835|82,846|
|Alfriston<br>day centre|||Elderly|||56,484|116,515|
|RAISING FUNDS||||||||
|Raising donations||and legacies||||31.3.22|31.3.21|
||||||||6|
|Staffcosts||||||13,250|12,750|
|Premises costs<br>Telephone||||||104,954<br>~1968|32,077<br>~1910|
|||||||120,172|46,737|





## 

## 

## 

||CHARITABLE AC|TI|VIT|IES COSTS|||||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|Support||
|||||||Costs (see|costs (see||
|||||||note 8)|note 9)|Totals|
||Drug and alcohol treatment|||services||8,552,433|145,194|8,697,627|
||Residential<br>Services|||||1,528,987|26,581|1.555,568|
||Elderly|||||59,296|2,628|61,924|
||Drug Treatments|||||31504<br>».7.»0»<br>»||135602<br>0|
||DIRECT COSTS OF CHARITABLE ACTIVITIES||||||||
||||||||31.3.22|31.3.21|
||Staffcosts||||||7,999,914|7,635,069|
||Leasing ofpremises|and equipment|||||175,784|3,197|
||Premises costs||||||663,014|682,929|
||Medical supplies||||||1,015,296|1,160,329|
||Catering costs||||||72,500|77,355|
||Training<br>and staff costs||||||8,386|22,187|
||Office expenses||||||152,856|108,170|
||Travel &subsistence||||||11,753|9,705|
||Depreciation||||||44,318|37,166|
||Loss on sale ofassets||||||28,399||
|||||||||0», 0|
|9.|SUPPORT COSTS||||||||
||||||||Governance||
||||||Management|Finance|costs|Totals|
||Drug and alcohol treatment|||services|145,194|||145,194|
||Residential<br>Services||||26,581|||26,581|
||Elderly<br>Drug Treatments||||2,628<br>24,691|77,012|~2395|2,628<br>~104098|
||||||199,094|77,012|2,395|278,501|
||Support costs, included||in the above, are as follows:||||||
|||||||Drug and|||
|||||||alcohol|||
|||||||treatment|Residential||
|||||||services|Services|Elderly|
||Wages|||||6,250|||
||Hire ofplant and machinery||||||||
||Licences &registration|||||11,011|1,635|14|
||Office expenses|||||19,409|6,370|1,828|
||Legal &professional|fees||||29,640|||
||Audit &accountancy|||||10,207|(995)||
||Insurance,<br>health &safety|||||63,221|19,559|786|
||Finance Charges|||||4,599|12||
||Travel &.subsistence|||||857|||
||Pensions||||||||
||Auditors'<br>remuneration||||||||
|||||||~145 194|26,581|2,628|





## 

## 

## 

|SUPPOR|T COSTS -|continued||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
||||Drug|Total|Total|
||||Treatments|activities|activities|
||||I|I.||
|Wages||||6,250|5,500|
|Hire ofplant and machinery|||2,111|2,111|4,222|
|Licences|&registration|||12,660|9,841|
|Office expenses|||286|27,893|37,024|
|Legal &professional||fees|17,494|47,134|8,257|
|Audit &accountancy|||4,800|14,012|14,000|
|Insurance,|health &safety|||83,566|139,122|
|Finance Charges||||4,611|3,517|
|Travel &|subsistence|||857|7,484|
|Pensions<br>Auditors'|remuneration||77,012<br>2,395|77,012<br>~2395|99,560<br>2,500|
||||104,098|278,501|331,027|



## 

|Net income/(expenditure)<br>is stated after charging/(crediting):|||
|---|---|---|
||31.3.22|31.3.21|
|Auditors'<br>remuneration|2,395|2,500|
|Depreciation - owned assets|44,318|37,166|
|Hire ofplant and machinery|177,895|7,419|
|Deficit on disposal offixed assets|28,399||
||31.03.21|31.03.20|
|Depreciation - owned assets|37,166|49,934|
|Loss on assets||(19,750)|
|Leasing ofpremises<br>and equipment|7,419|7,936|
|Auditor's<br>remuneration|16,500|13,000|
|Pensions<br>Interest payable<br>and other charges|167,545<br>3,916|170,194<br>~3916|



## 



## 

## 

## 

|12.|STAFF COSTS|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||31,3.2022|||31.3.2021|
||Wages &salaries|||||||||||7,374,439|||7,074,436|
||Social security costs|||||||||||463,483|||411,338|
||Other pension costs|||||||||||181,492|||167,545|
|||||||||||||.0 9.|||7,653,319|
||The average<br>monthly|number ofemployees|||||during|the year was as follows:||||||||
|||||||||||||31.3.22|||31.3.21|
||Charitable<br>activities||||||||||||230||229|
||Management<br>and administration|||||||||||||31|31|
||||||||||||||261||260|
||The number ofemployees||whose employee||||benefits (excluding employer|||pension costs)||exceeded|860,000 was;|||
|||||||||||||31.3.22|||31.3.21|
||860,001-870,000|||||||||||||I|1|
||The total<br>employee|benefits||including||pension||contributions|of the key||management|personnel||were f332,907<br>(2021:||
||6323,253).|||||||||||||||
|13.|COMPARATIVKS|FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|||||||||||||
|||||||||Unrestricted|||Restricted|Endowment|||Total|
||||||||||fund||funds||fund||fundsI|
||INCOME AND ENDOWMENTS||||FROM|||||||||||
||Donations<br>and legacies||||||||1,737||48,041||||49,778|
||Charitable<br>activities|||||||||||||||
||Drug and alcohol treatment||services|||||8, 197,178|||||||8,197,178|
||Residential<br>Services||||||||||1,475,097||||1,475,097|
||Elderly||||||||||116,515||||116,515|
||Other trading activities|||||||114,079|||9,961||||124,040|
||Investment<br>income|||||||240,221|||||||240,221|
||Other income||||||||6,025||||||6025|
||Total|||||||8,559,240|||1,649,614||||10208.854|
||EXPENDITURE ON|||||||||||||||
||Raising funds||||||||44,827||1,910||||46,737|
||Charitable<br>activities|||||||||||||||
||Drug and alcohol treatment||services|||||8,334,795|||69,673||||8,404,468|
||Residential<br>Services||||||||||1,545,522||||1,545,522|
||Elderly||||||||||117,144||||117144|
||Total|||||||»9.6»|||||||10 173971|
||NET INCOME/(EXPENDITURE)<br>Transfers<br>between<br>funds|||||||179,618<br>~933|||(84,635)<br>. 03||||94,983|
||Net movement<br>in funds|||||||145,665|||(39,432)||(11,250)||94,983|





## 

## 

||||Notes to the Consolidated<br>Financial Statements - continued<br>for the Year Ended 31March 2022|Notes to the Consolidated<br>Financial Statements - continued<br>for the Year Ended 31March 2022|Notes to the Consolidated<br>Financial Statements - continued<br>for the Year Ended 31March 2022|||
|---|---|---|---|---|---|---|---|
|13.|COMPARATIVKS|I|ORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued|||||
|||||Unrestricted|Restricted|Endowment|Total|
|||||fund|funds|fund|funds|
||||||I|I||
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|forward||3,086,267|1,407,839|157,500|4,651,606|
||TOTAL FUNDS CARRIED FORWARD|||. 3 .9»|3u<br>II7|146,250|4,746,589|



## 

|income and expenditure<br>in these fi|nancial statements.|The results ofKa|leidoscope Project|(the Charitable<br>Com|pany)<br>are:|
|---|---|---|---|---|---|
|||||Total|Total|
|||||2022|2021|
|Total income resources||||10,984,977|10,107,582|
|Total resources expended||||(10,435,291)|(9,989,731)|
|Net gains on investments||||570,000||
|Net surplus/(deficit)||||1,119,686|117,851|
|Funds:<br>At I April 2021||||~3ll|4 35<br>47|
|At 31 March 2022||||54739M||
|TANGIBLE FIXEDASSETS||||||
||||Fixture:|||
||Freehold|Long|and|Motor||
||properly|leasehold|fittings|vehicles<br>I|Totals<br>I|
|COST||||||
|At 1 April 2021<br>Disposals|1,464,433|245,481|1,040,549<br>~197,161)|51,589<br>~51,589)|2,802,052<br>~248 750)|
|At 31 March 2022|1,4G4,433|~245 481|~843388||~2,553 302|
|DEPRECIATION||||||
|At<br>1 April 2021|365,459|9,024|1,027,610|51,589|1,453,682|
|Charge for year<br>Eliminated<br>on disposal|28,370|3,009|12,939<br>~197,161)|~51,589)|44,318<br>~248,750)|
|At 31 March 2022|~393829|12,033|~843 388||~1,249 250|
|NET BOOK VALUE||||||
|At 31March 2022|1,070,G04|233,448|||~)304 052|
|At 31 March 2021|~1,098974|~236 457|12,939||1348 70|



## 



## 

## 

## 

## 

||||Fixtures and|||
|---|---|---|---|---|---|
||FreeholdProperty|LongLeasehold|fixtures|Motor Vehicles|Total|
||||||f|
|Cost or Valuation||||||
|At I April 2021<br>Additions<br>Disposals|1,464,433|245,481|755,784|51,589<br>2,517,287<br>0 . )~)6»||
|At 31March 2022|1.464.433|245 481|558,623||2,268,537|
|Depreciation||||||
|At 1 April 2021<br>Charge<br>Eliminated|365,459<br>28,370|9,024<br>3,009|742,845<br>51,589<br>1,168,917<br>12,939<br>44,318<br>097.161)~09)~40<br>0|||
|At 31March 2022|393,829|12,033|558 623||964485|
|Net Book Value||||||
|At 31March 2021|1,070,604|26.4|2||.240»0|
|At 31March 2022|I 098974|233448|||I 204022|



## 

## 

|The Welsh Assembly<br>Government<br>has a legal charge over the p<br>value off555793 (2021:f570704) at the balance sheet date.<br>INVKSTMKNT PROPERTY|roperty<br>at Powells<br>Place, Newport<br>which<br>has a net bo|
|---|---|
|II'AIR VALUE||
|At I April 2021|2,551,713|
|Disposals|(579,7873|
|Fair value adjustment|570,000|
|At 31March 2022|~2541,926|
|NET BOOK VALUE||
|At 31March 2022|541.926|
|At 31March 2021|~2551 713|





## 

## 

## 

|Charitable<br>Company|||
|---|---|---|
|MARKET VALUE|||
|As at 1 April 2021||1,430,000|
|Revaluation||570,000|
|As at 31March 2022||2,000,000|
|NKT BOOK VALUE|||
|At 31March 2022||~2000000|
|At 31March 2021||~1430000|
|Fair value at 31March 2022 is represented|by:||
|Valuation<br>in 2022||2,541,926|



## 

|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YE|AR||
|---|---|---|
||31.3.22|31.3.21|
||I||
|Trade debtors|1,839,991|1,969,355|
|Other debtors|149,003|156,014|
|Prepayments<br>and accrued income|45,246|40,109|
|Prepayments|3,130||
||2,037,370|~2, 165478|
|Charitable<br>Company|31,3.22|31.3.21<br>I|
|Trade debtors|1,820,491|1,969,355|
|Amounts<br>owed by group undertakings<br>Other debtors|901,251<br>149,003|906,277<br>156,014|
|Prepayments<br>and accrued income|6|00 10'I|
||01|3.03<br>I|





## 

## 

## 

## 

|18.|CREDITORS:|AMO|UN|TS FALLING DUE|WITHIN|ONE YEAR|||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
||||||||f.|f|
||Trade creditors||||||810,816|628,436|
||Social security|and other||taxes|||110,444|108,512|
||Other creditors||||||1,477,438|239,050|
||Accruals and deferred||income||||2,120,832|~3788,057|
||||||||4519530|4,764,055|
||Charitable<br>Company||||||||
||||||||31.3.2022|31.3.2021|
||Trade creditors||||||810,195|627,411|
||Social security|snd other||taxes|||110,444|108,512|
||Other creditors||||||1,477,438|239,050|
||Accruals and deferred||income||||2,114,032|3,783,341|
||||||||4.||
|19.|CREDITORS:|AMOUNTS FALLING DUE|||AFTER MORE THAN ONK YEAR||||
||||||||31.3.22|31.3.21|
|||||||||I|
||Other creditors||||||430,906|501,894|
||Charitable<br>Company||||||||
||||||||31.3.2022|31.3.2021|
|||||||||f.|
||Other creditors||||||4»||
||||||||430,906|501,894|
|20.|LEASING AGRKKMKNTS||||||||
||Minimum<br>lease|payments||under non-cancellable|operating|leases fall due as follows:|||
||||||||31.3.22|31.3.21|
||Within one year||||||131,100|131,100|
||Between one and five years||||||406,775|492,500|
||In more than five years|||||||45,375|
||||||||537,875|668,975|
|21.|PROVISIONS|FORLIABILITIES|||||||
||||||||31.3.22|31.3.21|
||||||||I|f.|
||Provisions||||||152,000|101,000|





## 

## 

## 

|MOVEMENT|IN F'UN|DS|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds|funds|31.3.22|
|||||||6|||
|Unrestricted|funds||||||||
|General<br>fund|||||3,231,933|991,947|45,639|4,269,519|
|Restricted<br>funds|||||||||
|Asset Fund<br>Legacy Income|||||1,340,757<br>27,650|51,138|(6,739)<br>~27,650|1,385,156|
||||||1.368,407|51,138|(34,389)|1.385,156|
|Endowment<br>funds|||||||||
|Wirral PCT|||||146,250||(11,250)|135,000|
|TOTAL FUNDS|||||4,746,590|~1043085||5,789,675|
|Net movement|in funds,|included||in the above|are as follows;||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
|||||||6|6||
|Unrestricted|funds||||||||
|General<br>fund|||||10,803,603|(10,381,656)|570,000|991,947|
|Restricted<br>funds|||||||||
|Asset Fund|||||240,375|(189,237)||51,138|
|TOTAL FUNDS|||||||||
|Comparatives|for movement||in|funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.20|in funds|funds|31.3.21|
|||||||6|f,||
|Unrestricted|funds||||||||
|General<br>fund|||||3,086,267|179,618|(33,953)|3,231,932|
|Restricted<br>funds|||||||||
|Residential<br>Services||||||(62,204)|62,204||
|Elderly||||||(799)|799||
|Asset Fund|||||1,362,389|(21,632)||1,340,757|
|Legacy Income<br>Public Health England||Grant|||27,650<br>17,800||~17.800)|27,650|
||||||1,407,839|(84,635)|45,203|1,368,407|
|Endowment|funds||||||||
|Wirral PCT|||||157,500||(11,250)|146,250|
|TOTAL FUNDS|||||~4651606|94,983||~4,746 589|





## 

## 

## 

|||Incoming||Resources|Movement|
|---|---|---|---|---|---|
|||resources<br>f.||expended|in funds<br>f|
|Unrestricted<br>funds||||||
|General fund||8,559,240||(8,379,622)|179,618|
|Restricted funds||||||
|Residential<br>Services||1,485,059||(1,547,263)|(62,204)|
|Elderly<br>Asset Fund||116,514<br>(117,313)<br>(799)<br>48 04<br>~68673) ~2632}<br>1,649,674~~8463 )||||
|TOTAL FUNDS||0. 08884||~0)».»||
|Charitable<br>Company||||||
|||Net movement|in|Transfers||
||At 1.4.21|funds||between<br>funds|At 31.3.22|
|||f||f||
|Unrestricted<br>funds||||||
|General<br>fund|2,984,891|1,068,548||34,389|4,087,828|
|Restricted funds||||||
|Asset fund|1,340,757|51,138||(6,739)|1,385,156|
|Legacy income|27 650|||27650||
|TOTAL FUNDS|4,353,298|1,119,686|||5,472,984|



## 



## 

## 

## 

|ofB.Below is the data attributable<br>by|typ|e||ofmemb|er:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Mcmbcr||||||||Description|5April|2020|5April 2017|
|Total deferred|||pensions||revalued to valuation|||date - (5p.a.)||||
|Deferred members|||||||||6,808||6,256|
|Dcfcrrcd mcmbcrs|||||Average age weighted|||by pension||44|41|
|Pensioners||||||Total pensions payable (fp.a.)|||2,103||1,893|
|Pensioners|||||Average age weighted|||by pension||68|65|
|The breakdown<br>ofthe liability for 2020 is|||detailed below:|||||||||
|Description|||||||||2020 Valuation||2017Valuation|
||||||||||5'000s||5'000s|
|Assets||||||||||234|227|
|Liabilities<br>—Pensioners||||||||||(54)|(54)|
|Liabilities<br>—Deferred members||||||||||(281)|(184)|
|Overall<br>position||||||||||101|11|
|Funding<br>level||||||||||70%|95%|
|Change in assets|||||||||||5'000s|
|Value uf assets at pievious<br>valuation|date||||||||||227|
|Assumed<br>return<br>on assets|||||||||||28|
|Contributions<br>received (net ofexpenses)||||||||||||
|Benetits paid|||||||||||(6)|
|Difference between<br>actual and assumed||return<br>on assets|||||||||(15)|
|Value ofassets at current<br>valuation|date||||||||||234|
|The assets are split f230k Mobius Life —FPP Default||||||fund (98%)and 64k net current assets (2%).||||||
|Overall<br>the breakdown<br>ofthe assets|is 22% LK Equity,||||||22% Overseas|Equity, 33%Government||bonds,|2% cash and 22|
|Diversified<br>growth.||||||||||||
|Change in Technical provisions|||||||||||5'000s|
|Value ofpast service liabilities<br>at previous||||valuation||date|||||238|
|Interest on the liabilities|||||||||||31|
|Benefits paid|||||||||||(6)|
|Actual inflation<br>increases being lower than||||assumed|||||||(3)|
|Impact ofchanges<br>in financial<br>conditions|||since previous||||valuation||||51|
|Impact ofproposed<br>changes to statement offunding<br>principles<br>Value ofpast service liabilities at current valuation<br>date|||||||||||24<br>335|



## 



## 

## 

## 

## 

## 

||||||Assumed|rate at last|Average rate|Average rate|during|
|---|---|---|---|---|---|---|---|---|---|
|||||||valuation|inter|valuation|period|
|||||||(per annum)||(per|annum)|
|Investment||returns|- assumed|for the purpose ofthe 2017recovery||||||
|plan||||||4.70'/77|||1.93'/77|
|Revaluation||up to|retirement|||||||
|in line|with|RPI||||3.50vo|||3.20'/77|
|in line|with|CPI||||2.75 /v|||2.37'/77|
|Pension|increases||in payment|||||||
|in line|with|RPI||||3.50'7a|||2.90vo|
|in line|with|CPI||||2.75v/77|||2.02'/77|



|||Potential Impact|
|---|---|---|
|Area ofimpact|||
|UK Long dated interest rate||-0.5'/o p.a.|
|Inflation||+0.5v/o p.a.|
|UK Life expectancy||-0.25 years|
|Equity market<br>repricing||-15v/77|
|Diversified<br>gmwth|fund repricing|-7.5'/77|



|Membership<br>ofthe scheme is made up ofno a<br>ofB.|ctive members,<br>6 Deferred|pensioners<br>and 2 Retired pensioners<br>giving a t|
|---|---|---|
|Fund Account|||
|Employer<br>Contributions<br>- Additional||21,190|
|Employer<br>Contributions<br>- Deficit funding||3,000|
|Employee<br>Contributions|||
|Transfers<br>In|||
|Other Income|||
|Benefits paid - Pensions<br>Payment<br>to and on account ofleavers<br>Administration<br>expenses - audit fees<br>Administration<br>expenses - PPF Levy<br>Administration<br>expenses - Trustee management|fees|(2,073)<br>(252)<br>(1,436)<br>~77|
|Net Additions<br>from dealings<br>with members||653|
|Investment<br>Income - interest on cash deposits||5|
|Change<br>in market Investments|||





## 

## 

## 

|Net decrease in the fund during year|Net decrease in the fund during year|||
|---|---|---|---|
|Statement ofNet Assets available|for Beneflts|||
|Pooled Investment<br>Vehicles|||229,631|
|AVC Investment||||
|Total Net Investment|||229,631|
|Current<br>Assets||||
|Contributions<br>due from employer|in respect ofdeficit funding||250|
|Contributions<br>due from employer|in respect ofadditional|funding|1,630|
|DIS contributions<br>- cash balances<br>Current Liabilities<br>Accrued Administration<br>expenses<br>Tax payable|||7,321<br>(5,196)<br>~Ni|
|Net assets ofthe plan at end ofyear||||





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