2022-03-31-accounts

Our Priorities for 2022/2023	Our Priorities for 2022/2023	Our Priorities for 2022/2023
e Financiaii Stion and S~afe or aniaation
		improve occupancy levels across our Village services
		Continue to build on our fundralsing and engagement strategy with donors
		Improve our income through new areas ofservice delivery and partnership
		Reduce waste, seek efficiencies, and empower budget holders to manage			proactively
		Develop our digital strategy
		Develop and improve the auditing and management ofrisks at a Governance					level
Bull dlncis
		Completion ofmajor roof works
		Sustain a high standard ofmaintenance and health and safety
		Replacement ofwindows and fiooring in key areas
		Replacement and upgrade offurniture in shared communal areas
		improve our Wi-Fi Infrastructure and phone systems
Services
		Continue to develop opportunities and activities that enrich, enhance,	and		celebrate				Jewish		life
		Review our Village care services in line with changing demands
		improve person-centred keyworker system across our care services
		Respond to changing demands for mental health care and services
		Develop our community services to reflect changing needs and demands
		Maintain our partnership work with local councils and the NHS
		Explore opportunities for innovative dementia services including day	care
Standards
	~	Ensure we meet health and safety standards and reinforce individual	responsibility
	~	Work towards a CQC rating ofOutstanding for all registered services
		Maintain our OFSTED registration, quality rating and five-star food hygiene				rating
	~	Ensure people are aware ofthe Fed's policies and procedures and these			are		flt for		purpose
	~	Ensure all our services are Covld-19 safe for service users, volunteers,	and			our workforce
~Peo	ie	rt Worrdorce
		Improve employee recruitment, retention, and sickness levels
		Support our workforce to achieve more
		Involve the people we support in developing our services
		Reduce isolation and loneliness and focus our resources on those in	greatest				need
		Improve and sustain the health and well-being ofthe people we support,			Including				our workforce			and		volunteers
		Introduce more effective digital solutions to manage and support our	staff		and services
Community
		Raise our profile through robust marketing and communication strategies				and		ensure		we explore				and	utllise	new
		technology and platforms as much as possible
		Provide advice and support to help keep vulnerable adults and children		safe
		Explore opportunities in relation to changes affecting health and social care
		Develop our volunteering offer to build our next generation ofFed Volunteers
		Work in partnership with other communal organisatlons to respond	to	changing				welfare		needs,			helping		to develop
		safe, well governed, and responsive services
		Maintain our role as a key partner in the delivery ofGreater Manchester		wide			commissioned				health		and care services

FOR THE YEAR END	E	D	31 MA	RCH 202	2
					Unrestricted	Restricted	Total	Total
				Notes	Funds	Funds	2022	2021
Income:
Voluntary income					1,748,515	101,964	1,850,479	2,246,422
income from charitable	activities;			5
Community care					213,718		213,718	87,458
Residential and nursing		services			6,998,066		6,998,066	6,224,295
Independent living and	supporting			people	515,075		515,075	559,435
Exceptional income —Covid-19 grant funding					478,397		478,397	772,477
Exceptional income —HMRC CJRS					15,887		15,887	208,489
Income from other trading			activities:
Commercial trading operations					249,748		249,748	127,000
Investment income					21,532		21,532	21,235
TOTAL INCOME					10,240,938	101,964	10,342,902	10,246,811
Expenditure:
Cost ofraising funds:
Fundralsing team					(386,511)		(386,511)	(370,421)
Commercial trading operations					(176,217)		(176,217)	(67,396)
					(562,728)		(562,728)	(437,817)
Expenditure on charitable			activities:	7
Community care					(516,576)	(105,880)	(622,456)	(524,990)
Residential and nursing		services			(8,033,423)		(8,033,423)	(7,817,046)
Independent living and		supporting		people	(334,279)		(334,279)	(394,868)
					(8,884,278)	(105,880)	(8,990,158)	(8,736,904)
Other expenditure:
Refurbishments					(286,006)		(286,006)	(210,470)
Depreciation					(70,435)		(70,435)	(96,885)
TOTAL EXPENDITURE					(9,803,447)	(105,880)	(9,909,327)	(9,482,076)
Other recognised gains	and losses:
Revaluation ofinvestments					19,739		19,739	82,119
Prof)t on disposal ofinvestments					13,552		13,552	17,446
					33,291		33,291	99,565
Net income/(expenditure)			and net
movement in funds for	the		year		470,782	(3,916)	466,866	864,300
Reconciliation offunds:
Total funds brought forward					12,207,569	189,955	12,397,524	11,533,224
Total funds carried forward					12,678,351	186,039	12,864,390	12,397,524
					22

AS AT 31MARCH 202	2
			Group	Group	Charity	Charity
		Note	2022	2021	2022	2021
Fixed Assets
Tangible Assets		15/16	10,532,317	10,602,752	9,082,317	9,152,752
Investments		17/18	1,003,094	703,961	'I,003,094	703,961
Total Fixed Assets			11,535,411	11,306,713	10,085,411	9,856,713
Current Assets
Stock		19	27,766	33,603	27,766	33,603
Debtors		20	325,155	582,812	466,413	577,649
Cash at bank and in hand			1,662,491	1,093,116	1,459,038	1,039,724
Total Current Assets			2,015,412	1,709,531	1,953,217	1,650,976
Liabilities
Creditors falling due within	one year	21	(686,433)	(607,042)	(681,853)	(601,824)
Net Current Assets			1,328,979	1,102,489	1,271,364	1,049,152
Total Assets Less Current	Liabilities		12,864,390	12,409,202	11,356,775	10,905,865
Creditors falling due after more
than one year		22		(11,678)		(11,678)
Net Assets			12,864,390	12,397,524	11,356,775	10,894,187
The Funds ofthe Charity
Unrestricted income funds			2,178,351	1,707,569	2,'I20,736	1,654,232
Restricted Income funds		23	186,039	189,955	186,039	189,955
Revaluation reserve		23	657,177	657,177
Designated fund		23	9,842,823	9,842,823	9,050,000	9,050,000
Total Charity Funds			12,864,390	12,397,524	11,356,775	10,894,187

			Note	2022	2021
Net cash flow from operating	activities		24	1,099,691	1,071,906
Cash flow from investing activities:
Interest received
Dividends received				21,532	21,235
Purchase oftangible fixed	assets		16		(3,627)
Other CAPEX expensed				(286,006)	(210,470)
Purchase of investments			17	(395,120)	(265,612)
Sales ofinvestments			17	129,278	248,367
Net cash used by investing	activities			(530,316)	(210,107)
Change In cash and cash equivalent		in the year		569,375	861,799
Cash and cash equivalents	at start ofyear			1,093,116	231,317
Cash and cash equivalents	at end of	year		1,662,491	1,093,116

The summary	The summary	financial	financial	performance	performance	ofthe Charity alone is:
							2022	2021
Income							10,163,186	10,035,199
Expenditure		on charitable			activities		(8,814,720)	(8,515,584)
Cost of raising funds							(386,511)	(370,421)
Commercial		trading	operations				(176,217)	(67,396)
Refurbishments							(286,006)	(210,470)
							(9,663,454)	(9,163,871)
Revaluation		of investments					19,739	82,119
Impairment		depreciation
Depreciation							(70,435)	(96,885)
Provisions
Profit/(loss)	on disposal			of	assets			17,446
Profit/(loss)	on disposal			of	investments		13,552
							11,356,775	10,894,187
Net Income							462,588	874,008
Total funds		brought	forward				10,894,187	10,020,179
Total funds		carried	forward				11,356,775	10,894,187

Voluntary	income
			2022	2021
Donations	gifts and events		1,662,532	1,409,724
Legacies			100,768	49,064
Income from capital appeal			38,415	64,554
Jewish Homes Emergency		Appeal	48,763	723,080
			1,850,478	2,246,422

						2022	2021
				Restricted	Unrestricted	Total	Total
				Funds	Funds	Funds	Funds
Residential	and nursing	services			6,998,066	6,998,066	6,224,295
Independent living and		supporting	people		515,075	515,075	559,435
Exceptional	income —Covid-19 grant funding				478,397	478,397	772,477
Exceptional	income —HMRC CJRS				15,887	15,887	208,489
Community	care;
Children's	centre				58,201	58,201	46,690
Volunteers	proJect				25,076	25,076	19,300
CAST					49,521	49,521	734
Play schemes					32,069	32,069	20,734
Mental health and other		projects			48,851	48,851
					8,221,143	8,291,185	7,852,154

7.	Analysis ofexpenditure	Analysis ofexpenditure	on charitable	on charitable	activities
						2022	2021
						Total Funds	Total Funds
	Residential	and nursing	services			8,033,423	7,817,046
	Independent living and		supporting	people		334,279	394,868
	Community	care:
	Children's	centre				26,569	13,175
	Volunteers	project				149,598	180,113
	CAST					346,842	314,931
	Play schemes					19,346	15,800
	Mental health and other		projects			80,101	971
						8,990,158	8,736,904

			Residential
			& nursing	Independent	Community
			services	Living	Care	Total
Costs			8,033,423	334,279	622,456	8,990,158
Grants,	fees and voluntary	income	6,998,066	515,075	213,728	7,726,869
Exceptional income			494,284			494,284
Net (income)/cost funded		from other income	541,073	(180,796)	408,728	769,005
Net income/(expenditure)		for the year
					2022	2021
Stated	after charging:
	Operating leases	—property			25,267	21,643
	Operating leases Depreciation	—equipment			11,816 70,435	13,148 96,885
Auditor's remuneration:
	Audit fees				19,912	20,824
	Accountancy services				2,000	2,000

Analysis ofstaff costs, Trustee remuneration and	expenses, and the cost of key management p	ersonnel
	2022	2021
Salaries and wages	6,067,061	6,146,347
Social security costs	432,068	429,722
Pension costs	173,054	182,542
	6,672,183	6,758,611

	2022	2021
Professional fees	16,857	7,732
Audit fees	19,912	20,824
Accountancy fees	2,000	2,000
	38,769	30,556

			2022	2021
			Number	Number
Nursing	and	Caring Services	179	208
Catering	Services		40	47
Laundry	Services		7	7
Maintenance,		FMS & Housekeeping	47	45
Customer Services			9	9
Community		Projects	28	31
Religious	Amenities		2	3
Management		& Administration	30	30
			342	380

Tangible fixed assets
			Fixtures	Motor
Company	Property	Equipment	& Fittings	Vehicles	Total
Cost or valuation
At 31 March 2021	9,050,000	1,417,894	1,108,713	66,184	11,642,791
Additions
Disposals
At 31 March 2022	9,050,000	1,417,894	1,108,713	66,184	11,642,791
Accumulated depreciation
At 31March 2021		1,358,167	1,074,007	57,865	2,490,039
Charge for the period		42,059	20,697	7,679	70,435
Dlsposals
At 31 March 2022		1,400,226	1,094,704	65,544	2,560,474
Net book value
At 31March 2022	9,050,000	17,668	14,009	640	9,082,317
At 31 March 2021	9,050,000	59,727	34,706	8,319	9,152,752

Tangible fixed assets - Group	Tangible fixed assets - Group
			Fixtures	Motor
Group	Property	Equipment	&Fittings	Vehicles	Total
Cost or valuation
At 31 March 2021	10,500,000	1,423,134	1,181,302	66,184	13,170620
Additions
Disposals
At 31 March 2022	10,500,000	1,423,134	1,181,302	66,184	13,170,620
Accumulated depreciation
At 31 March 2021		1,363,407	1,146,596	57,865	2,567,868
Charge for the period		42,059	20,697	7,679	70,435
Disposals
At 31 March 2022		1,405,466	1,167,293	65,544	2,638,303
Net book value
At 31 March 2022	10,500,000	17,668	14,009	640	10,532,317
At 31 March 2021	'10,500,000	59,727	34,706	8,319	10,602,752

Investments
	Quoted	Cash
Group and Company	investments	Deposits	Total
Market value at1 April 2021	676,347	27,614	703,961
Additions/deposits	225,779	169,341	395,120
Disposal proceeds/withdrawals	(129,278)		(129,278)
Unreallsed investment gains/(losses)	19,739		19,739
Realised investment gains/(losses)	13,552		13,552
Market value at 31 March 2022	806,139	196,955	1,003,094
Historic cost at 31 March 2022	731,888	196,955	928,843
Quoted investments comprise the following;		2022	2021
Fixed interest investments		154,283	191,872
UK 8 Overseas Equities		447,911	457,350
Other Investments		400,900	54,739
		1,003,094	703,96'I

			Units
ASI Europe EX UK Income Equity			50,000	53,050
JP Morgan US Equity Income	C		12,500	55,438
Royal London Short Duration	GBL High	Yield BD Z lnc.	75,000	59,115
Schroder US Equity Income	Maximiser	Q	100,000	69,490

for the last	relevant f	inancia year	were as f	ollows:
					Capital	Surplus
				Principal activity	and reserves	for the year
Subsidiary	undertakings
Heathlands	Housing	Association	Ltd	Supported	1,507,615	3,499
				living provider

19.	Stock
				Group	Group	Charity	Charity
				2022	2021	2022	2021
	Consumables	stores		27,766	33,603	27,766	33,603
20.	Debtors
				Group	Group	Charity	Charity
				2022	2021	2022	2021
	Other debtors			9,718	10,696	152,076	6,708
	Prepayments	and accrued income		315,437	572,1'l6	314,337	570,941
				325,155	582,812	466,413	577,649
21,	Creditors: amounts		falling due within one year
				Group	Group	Charity	Charity
				2022	2021	2022	2021
	Trade creditors			242,257	250,940	242,257	250,940
	Other creditors			62,682	101,538	62,682	101,538
	Accruals			381,494	254,564	376,914	249,346
				686,433	607,042	681,853	601,824
22,	Creditors; amounts		falling due after more than	one year
				Group	Group	Charity	Charity
				2022	2021	2022	2021
	Accruals
	Other creditors				11,678		11,678
					11,678		11,678

		Tangible		Cash and other
		Fixed Assets	Investments	Net Assets	Total
Unrestricted	funds	32,317	1,003,094	1,142,940	2,178,351
Designated	funds	9,842,823			9,842,823
Revaluation	reserve	657,177			657,177
Restricted	funds			186,039	186,039
Total funds	31 March 2022	10,532,317	1,003,094	1,328,979	12,864,390
Total funds	31 March 2021	10,602,752	703,961	1,090,811	12,397,524

				2022	2021
Net movement in funds				466,866	864,300
Add back refurbishment	costs	expensed		286,006	210,470
Add back depreciation	charge			70,435	96,885
Add back/deduct Investment		revaluation	(gain)/loss	(19,739)	(82,119)
Add back/deduct (profit)/loss on sale ofInvestments				(13,552)	(17,446)
Deduct Interest Income	shown	in investing	activities	(21,532)	(21,235)
Decrease/(Increase) in	stock			5,837	(4,482)
Decrease/(increase) in	debtors			257,657	74,675
Increase/(decrease) in	creditors			67,713	(49,142)
				1,099,691	1,071,906

	Group	Group	Charity	Charity
	2022	2021	2022	2021
Within one year	29,356	37,082	29,356	37,082
Between one and five years	31,703	61,058	31,703	61,058
After five years
	61,059	98,141	61,059	98,141