# **`REGISTERED COMPANY NUMBER: 05437976 (England and Wales) REGISTERED CHARITY NUMBER: 1117564`** ## **`SHALOM HOUSE`** ## **`REPORT OF THE TRUSTEES AND`** ## **`FINANCIAL STATEMENTS`** ``` FOR THE YEAR ENDED 31 MARCH 2021 ``` ``` Carr, Jenkins & Hood Redwood Court Tawe Business Village Swansea SA7 9LA ``` ``` CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** **----- Start of picture text -----**
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Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10 to 11
Notes to the Financial Statements 12 to 25
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``` SHALOM HOUSE (REGISTERED NUMBER: 05437976) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended31March2021.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ``` The report of the trustees also incorporates a directors' report as required by company law. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The objectivesof Shalom House are to establishand maintaina PalliativeCare Centre, for the communalbenefit of the inhabitants of Pembrokeshire, there being no such similar facility in place at present. ``` ``` ShalomHouseisanon-profitmakingorganisation,providingahighqualityprofessionalserviceforpeople with terminalillness(includingcancerandanyprogressivelife-limitingdiseases)inanenvironmentoftranquillity and support. The aims of Shalom House are: ``` - `To provide day care and respite to patients and carers, ultimately to contribute to a possible reduction/prevention of acute or unplanned hospital admissions;` - `To enable patients to manage their diagnosis to do the things that matter to them and to make their lives more comfortable than they would otherwise have been;` - `To work in partnership with other providers of palliative care to enable adult patients to manage their condition and remain at home until end of life, should they wish.` ``` The mission of Shalom House is: ``` - `To provide accessible, excellent, holistic palliative care to relieve suffering, whether physical, emotional, spiritual or psychological, to all residents of Pembrokeshire diagnosed with a life-limiting illness, catering to the individual needs of clients, whatever they may be;` - `To be a place of respite that offers a safe place to share all worries and let go of anxieties, albeit briefly, and to benefit from the many skills and expertise the Shalom staff has to offer. Professional staff and volunteers support both clients and their families throughout their journey, often making a real difference by providing a haven of care and nurture;` - `To support relatives as they provide care to their loved ones and ultimately to support them through bereavement.` ``` 1 ``` ## **`SHALOM HOUSE (REGISTERED NUMBER: 05437976)`** ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## **`OBJECTIVES AND ACTIVITIES`** ## **`Ethos and Philosophy`** - `Shalom provides a place of safety.` - `Shalom is never too busy to listen and care.` - `Pain and suffering are not inevitable - skilled and trained staff are available to help and advise.` - `Shalom is honest, open, available and confidential.` - `Death is not a failure - it is a natural end point of life's winning pathway and can occur with love and dignity.` - `Shalom expresses peace, which is important to every patient along with the total wellbeing of the individual and holistic care is essential.` - `Shalom House provides palliative care and respite free of charge for all. Patients come to Shalom House at any time from their diagnosis and patients are referred from GP's, hospital, the community or self-referred by the patients themselves.` - `Shalom is an equal opportunity organisation and is committed to a working environment that is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability.` - `Shalom House is committed to safeguarding the welfare of patients and the staff and volunteers share in this commitment. Shalom House policies and procedures protect and provide guidelines on this assurance.` ## **`Public benefit`** ``` InsettingShalomHouse'sobjectivesandaimsandinplanningtheiractivities,theTrusteeshavegiven careful considerationtotheCharitiesCommission'sgeneralguidanceonpublicbenefit.Shalom'skeyobjectivesforthe year included: ``` - `to continue to develop daytime palliative care with especial emphasis on pain and symptom control, occupational therapy, complementary therapies and input from experienced palliative care nurses, having regard to the particular and individual needs of patients;` - `to increase palliative care services and their uptake by developing focus days and carer support days to provide a wider range of support to the terminally ill and their families throughout Pembrokeshire;` - `to develop and promote the awareness of GP's and other health professionals to the services provided;` - `to increase the range and ease of access to Shalom House services across Pembrokeshire;` - `to employ appropriately experienced staff to manage and deliver the service and to develop their training portfolios;` - `to establish a clear role within the Hywel Dda Health Board strategy, working in partnership with the local District General Hospital and other third sector providers;` - - `to work to standards set by Healthcare Inspectorate Wales (HIW);` - `to increase fundraising from charitable and grant sources to support Shalom's activities and to continue to develop the hospice shops for the purpose of income and developing public awareness of the work of Shalom House.` ## **`Following lockdown due to COVID-19 in March 2020`** ``` Shalom House's objectives were supplemented following closure of the day centre due to lockdown mid March 2020: ``` - `to maintain support to patients following lockdown due to Covid-19, whilst ensuring their safety and that of the staff;` - `to obtain alternative sources of funds due to the temporary cessation of trading and fundraising activities.` ``` 2 ``` ``` SHALOM HOUSE (REGISTERED NUMBER: 05437976) ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` ShalomHouseopenedfor serviceprovisionon 23 November2007afterthe successfuladaptationof the building and graduallydevelopeditsfunctiontoofferday,respiteandapalliativecareservicetopatientsandtheirrelatives. At present,ShalomHouseoffersa palliativedaycare serviceto between4 to 6 patientsper day,a lowernumberdue to thecurrentpandemicrestrictions,MondaytoFriday.Alongsidethetraditionaldaycaresupportwe provide personal care sessions and are aiming to restart the special interest days within the very near future as conditions allow. ``` ``` Duringthe year ending31 March2020,ShalomHousereceivedquarterlyfundingfrom HywelDda LocalHealth Board withintheprovisionsofaServiceLevelAgreementeffectivefromApril2019.FollowinglockdowninMarch 2020, systemswereputinplaceurgentlytosupportpatientsandtheirfamiliesremotelyathome,soonfollowedby home visits by our registeredstaff when it became clear that ShalomHouse staff were not neededfor re-deploymentby the Health Board. Other support staff were furloughed and costs reduced as much as possible. ``` ``` JudithThomasworkedhardinherroleasBusinessManager,seekingoutgrantsandfundingoverthepandemic to allowShalomHousetocontinueitsgoodworkswhereveritcould.Thedecisionwasmadetoregisterwith Care InspectorateWales(CIW)andthiswasachievedinOctober2020.WiththesupportofourCIWregistrationwe are now able to provide hospice at home services within the county of Pembrokeshire. ``` ``` To supportthe decisionto furtherdevelop Shalom Houses abilityto respondsensitively,providinga tailoredservice to thoseneedingsupportduringrestrictions,bothrecentandpossibleupcoming,DonnaHumphreywasemployed as Registered Care Manager. ``` ``` JudithThomasretiredinNovember2020andSamanthaWilson-Crofthasbeenemployedas ShalomHouses Business Manager,headingupallfundraising,volunteering,grants,andbusinessaspects.InNovember2020,Isobel Bowen steppeddown from her role as ClinicalLead, and returnedto the RegisteredNursesTeam. The managementteam are supportedbyregisterednurses,healthcareassistants(registeredwithSocialCareWales),asmallbankstaffteam of nurses and healthcare assistants, administrator and shop volunteers and volunteer drivers. ``` ``` We continueto rely on a group of volunteerswho supportthe activitiesat Shalom House. Due to Covid 19 restrictions, wehavehadtolimitthoseattendingShalomHouseeachday,soourin-housevolunteeringhasnotreturned to ShalomHousebutasthingscontinuetoimprove,wewishtoreengagewithShalomHousevolunteers. Since lockdown,volunteershave been involvedin virtualmeetingsto keep them engagedandup to datewiththe strategic discussions. The Trustees and staff appreciate the commitment given by all the volunteers. ``` ``` In housepatientsatisfactionsurveyshave ratedthe serviceat ShalomHouse98%+ throughoutthe year.We continue to monitor our activities closely, responding to suggested changes where feasible and appropriate. ``` ``` Linkscontinueto be forgedwith the PalliativeCare Consultantat WithybushGeneralHospitaland the wider Palliative StrategicForumforHywelDdaalongwithourpartnersinthethirdsector.ShalomHousestaffattendteam meetings atthehospitalandlocalGPpractice.WehavebeenplayingaactiveroleinHywelDda'sHealthBoardsreview of Palliative care services. ``` ``` In November2019a new hospiceshopinSt Davidswas openedbuildingonthesuccessof theshopinFishguard and topromoteourpresencewithintheCitycommunity.Aftera positivestart,hopesforanincomesurgeonwards from the Easter holiday period were dashed by the Covid-19 lockdown and this continued into 2021. ``` ``` The shopsare staffedby a team of volunteerswho worktirelesslyto maintainimage andpresentation,also providing informationon the work of the hospiceand supportingotherfundraisinginitiatives.We have workedhardto develop betterlinkswiththelocalcommunity.Intheseuncertaintimeswearesupportingvolunteerstoreturntothe shops when able, with the confidence and skills to work in a Covid 19 safe environment. ``` ``` 3 ``` ``` SHALOM HOUSE (REGISTERED NUMBER: 05437976) ``` ``` REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 ``` ``` WiththesupportfromtheEnd-of-Lifeboardwe havebeenabletopurchasea wheelchairaccessiblecar.Thisis used forpatienttransportwithinthecommunityandascircumstanceschange,wehopetoencouragevolunteersinto a driverroletosupportpatientstoattendShalomHouse.Thereassuranceoftravelwithina securevehiclehasbeen a boost for patients and staff, enabling us to continue Shalom House's good work at all times. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Thefiguresrelatetothefinancialyearfrom1April2020untilthe31March2021.Thisyearwasan unprecedented yearwithrestrictionsfromCovid19,whichmeanttheclosureofbothShalomHouseandthecharityshopsfor a majority of the year. ``` ``` Totalincomingresourcesfortheyearamountedto£244,721(2020:£202,548).Resourcesexpendedamount to £273,431(2020:£262,807).Thenetdeficitfortheyearbeforetherevaluationoftheinvestmentis£28,710 (2020: £60,259). The net deficit for the year after the revaluation of the investment is £688 (2020: £71,956). ``` ``` The net reserves at the balance sheet date are £682,582 (2020: £683,270) of unrestricted funds. ``` ``` ShalomHouseisoperatingagainstabackgroundofcontinuallyrisingcosts,especiallypayrollrelated,and increasing competitionfordonatedandothercharitablefunds,aswellastheconstantpossibilityoffuture Government lockdowns from Covid 19. ``` ## **`Principal funding sources`** ``` Thecharity'sprincipalsourceoffundsisthroughtheServiceLevelAgreementwithHywelDdaLocalHealth Board. The Service Level Agreementfor the year ended 31 March 2021 saw a reductionof 50% in the grantfrom the previous period,settingan attendancetargetof 1500at a daycare tariffrate.The advanceof Covid19 andultimate lockdown on23March2020,significantlyimpactedShalomHouse'sattendancefiguresduringFebruaryandMarch2020. The centre had no alternativeotherthanto close, togetherwith its retailoperations,in mid March2020 and was not able toopenuntilSeptember.TheshopswereopenuntilDecemberandthenclosedagainuntilFebruary2021having an immediate impact on funding streams. The current SLA agreement has been extended until the end of March 2022. ``` ``` AgrantwasawardedbyWCVA.Thisallowedustoputinplacemeasuresthatenabledustoreopenboththe day centreandtheshopssafely.Thegrantwasputtowardsthepurchaseofleatherreclinersandscreens,allowing the creationof "Pods"inthedaycentre,ensuringthesafetyof thepatientsandtheteam.We purchasedscreensfor the retailoutletsthatleadtoincreasedconfidenceinthevolunteerstoreturntotheshops.Wewerealsoable to purchase extensive supplies of covid cleaning equipment and were able to support staff working in the community. ``` ## **`Reserves policy`** ``` TheCharitywillneedtoexpendsubstantialsumsinfutureperiodsinordertomaintainanddevelopitsservices. A formalreservespolicyhasbeenformulatedwherebythesumof£150,000hasbeenringfencedasa designated contingencyreserve. This is broadlyequivalentto 6 monthsoperatingcosts and will be reviewedannuallyto maintain the reserve at this ratio as a minimum. ``` ``` Additionalreserves,whichhavebeenaccumulatedmainlyfromasubstantiallegacyreceivedin2015,are being utilised to support service delivery in the light of reductions in levels of support from statutory funds. ``` ``` 4 ``` ``` SHALOM HOUSE (REGISTERED NUMBER: 05437976) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## **`FUTURE PLANS`** ``` TheintentionofHywelDdaUniversityHealthBoardtomovetoacommissioningmodelprovidesnoguarantees for futurefunding,renderinglongertermstrategicplanningdifficult.Itisenvisagedthattheproposeddiversification of services,whilstsupportingthePalliativeCareUnitasapriority,willleaveShalomHousewellplacedtotender for future funds. ``` ``` A reviewbeganinFebruary2020involvingallTrusteesandstafftoconsiderthestrategicdirectionofShalom House, giventheforecastincreaseincostsandlikelyreductionsinincomeintheshorttomediumterm.Itwasagreed that ShalomHouseshouldconcentrateonactivitiestosupportpatientstoLiveWell,tobroadencareinthe community includingthe developmentof the hospiceat home servicefor ourpatientsandinstigatea more targetedapproach to fundraisingandincomegeneration.At the same time,the focusof ShalomHousewillcontinueto be the provision of palliativecarewithinthedaycentre.AkeyfactorwasregistrationwithCIWasaDomiciliaryServiceandthis was achieved in October 2020. ``` ``` ItistheintentionoftheTrustees,ascurrentguardiansofthelegacyofShalomHouse,tostrivetomaintain relevant and effective support services, within the framework of a planned income generation policy. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` ShalomHouseis controlledbyitsgoverningdocument,theMemorandumandArticlesof Associationandis a limited company, limited by guarantee, as defined by Companies Act 2006. ``` ``` ShalomHousewasregisteredwiththeCharitiesCommissionon12January2007.Thegoverningdocumentsare held at the registered office. ``` ## **`Recruitment and appointment of new trustees`** ``` TrusteesareappointedattheAnnualGeneralMeeting.Theyarerecruitedthroughcontactwithothertrustees and through charitable events. ``` ## **`Organisational structure`** ``` The governingbodyis the Boardof Trustees,whoare non-executive,unpaidandmeet at regularintervalsduring the year.The dayto dayactivitiesare managedby the BusinessManager,alsoactingas Clerkto the Trustees,the Clinical Lead, registerednurses,an occupationaltherapist,healthcare assistants,a cook, an administratorand a Management Committee comprising: ``` |`Chair`|`Mr W Preece`| |---|---| |`Other Members`|`Mrs E Thomas`| ||`Dr R Schofield`| ||`Mr E Scott`| ||`Mrs B Caulfield`| ## **`Induction and training of new trustees`** ``` Thereisnoformalinductionortrainingprocessfortrusteesastheskillsandknowledgeoftrusteesvaries. New trusteesareprovidedwitha descriptionof theirexpectedroleandresponsibilities,whichensurestrusteesare aware oftheirlegalobligationsundercharityandcompanylaw.TheyarebriefedbytheChairandBusinessManager on historic and prevailing strategic issues. ``` ``` All trustees give of their time freely and no remuneration or expenses were paid in the year. ``` ``` 5 ``` ``` SHALOM HOUSE (REGISTERED NUMBER: 05437976) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Risk management`** ``` The trusteeshave a duty to identifyand review the risks to which Shalom House is exposed and to ensure appropriate controlsareinplacetoprovidereasonableassuranceagainstfraudanderror.Riskassessmentandthe management of risk is a continuousprocess,with all areas being addressedas required.Risk managementis a standingagenda item ofeachboardmeetingandfeaturesinthereportprovidedtotheboardbytheBusinessManagerpriorto each meeting. ``` ``` ThekeystrategicrisksfacingShalomHousehavebeenidentifiedasGovernanceandManagement,Reputational and Commercial.The boardand its committee have been tasked with identifyingand examiningthe major risks relevant to their area of influence. The trustees risk management strategy comprises: ``` - `an annual review (as a minimum) of the risks Shalom House may face;` - `the establishment of systems and procedures to mitigate those risks identified in the plan; and` - `the implementation of procedures and processes designed to minimise any potential impact on Shalom House, should those risks materialise.` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 05437976 (England and Wales) ``` ## **`Registered Charity number`** ``` 1117564 ``` ## **`Registered office`** ``` Redwood Court Tawe Business Village Swansea SA7 9LA ``` ## **`Trustees`** ``` Mr J W G Preece Chair Mrs E Thomas Mr E P Scott Dr R P Schofield Mrs B M Caulfield ``` ## **`Independent Examiner`** ``` Stuart Harries FCA ACCA Independent Examiner Carr, Jenkins & Hood Redwood Court Tawe Business Village Swansea SA7 9LA ``` ``` 6 ``` SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 This report has been prepared in accordance with the special proNi5ions of Part 15 of the Companie5 Art 2((J6 relatin8 to small companies. Approved by order of the board of trustees on...........................................-. and signed on its behalf by: Mr J W G Preece- Trustee INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF SHALOM HOUSE Independent examinees report to the trustees of Shalom House l*he Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 Marth 2021. ResponslbllltSes and basss of report As the charity's trustees of the Company lar￿ also its directors for the purFN)ses of company lawl you are responslble for the preparation of the accounts in accordanre with the requirements of the Companies Act 2(K)61'the 2006 Act'l. Havirh8 satisfied myself that the accounts of the Company are rhot required to be audited under Part 16 of the 21J)6 Act and are eligible for independent examination. I report in respert of my examination of your charity's accounts as Carried out under sertion 145 of the Charities Act 2011 I'the 2011 Art'l. In carrying out my examination I have followed the Direction5 given by the Charity Commission under 5ertion 14515) Ibl of the 2011 Act. Independent examlnevs statement I have completed my examin3tlon. I confirrn that no matters have come to my attentlon In connectlon wlth the examination Biving me cause to believe that In any material respect:_ accounting records were not kept in resp￿ of the Company as required by sectK)n 386 of the Act: or the accounts do not accord with those record5- or the accounts do not comply with the accounting requirements of section 396 of the 2CM)6 Act other than any requirement that the accounts 8ive a true and fair wew which is not a matter considered as part of an independent exarnination: or the accounts have not been prepared in accordance wlth the methods and principles of the Statement of Recommended Practice for acwuntin8 and reporting by charities lapplicable to charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection wr(h the examlnation to which attention Should be drawn in this report in orderto enable a proper understanding of the accounts to be rea¢hed. uart Harries FCA ACCA Independent Examiner Carr, jenkins & Hood Redwood Court Tawe Business Village Swanse SA7 91A ## **`SHALOM HOUSE`** ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021`** |`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`3`
**`30,266`**
**`3,140`**
**`Charitable activities`**
`6`
`Care and respite`
**`173,846`**
**`17,790`**
`Other trading activities`
`4`
**`19,351`**
**`-`**
`Investment income`
`5`
**`28`**
**`-`**
`Other income`
**`300`**
**`-`**
**`Total`**
**`223,791`**
**`20,930`**
**`EXPENDITURE ON`**
`Raising funds`
`7`
**`34,259`**
**`-`**
**`Charitable activities`**
`8`
`Care and respite`
**`218,242`**
**`20,930`**
**`Total`**
**`252,501`**
**`20,930`**
`Net gains/(losses) on investments`
**`28,022`**
**`-`**
**`NET INCOME/(EXPENDITURE)`**
**`(688)`**
**`-`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`683,270`**
**`-`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`682,582`**
**`-`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`33,406`**
**`191,636`**
**`19,351`**
**`28`**
**`300`**
**`244,721`**
**`34,259`**
**`239,172`**
**`273,431`**
**`28,022`**
**`(688)`**
**`683,270`**
**`682,582`**|`2020`
`Total`
`funds`
`£`
`50,296`
`101,280`
`50,946`
`26`
`-`
`202,548`
`29,619`
`233,188`
`262,807`
`(11,697)`
`(71,956)`
`755,226`
`683,270`| |---|---|---| ``` The notes form part of these financial statements ``` ``` 9 ``` ## **`SHALOM HOUSE (REGISTERED NUMBER: 05437976)`** ## **`BALANCE SHEET 31 MARCH 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`16`
`Investments`
`17`
**`CURRENT ASSETS`**
`Debtors`
`18`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`19`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`ACCRUALS AND DEFERRED INCOME`**
`21`
**`NET ASSETS`**
**`FUNDS`**
`22`
`Unrestricted funds:`
`General fund`
`Fair value reserve`
`Designated contingency fund`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
**`262,496`**
**`334,275`**
**`596,771`**
**`30,835`**
**`79,696`**
**`110,531`**
**`(24,720)`**
**`85,811`**
**`682,582`**
**`-`**
**`682,582`**|`Restricted`
`fund`
`£`
**`132,321`**
**`-`**
**`132,321`**
**`-`**
**`-`**
**`-`**
**`(9,388)`**
**`(9,388)`**
**`122,933`**
**`(122,933)`**
**`-`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`394,817`**
**`334,275`**
**`729,092`**
**`30,835`**
**`79,696`**
**`110,531`**
**`(34,108)`**
**`76,423`**
**`805,515`**
**`(122,933)`**
**`682,582`**
**`495,307`**
**`37,275`**
**`150,000`**
**`682,582`**
**`682,582`**|`2020`
`Total`
`funds`
`£`
`382,821`
`306,252`
`689,073`
`22,004`
`123,661`
`145,665`
`(37,643)`
`108,022`
`797,095`
`(113,825)`
`683,270`
`524,018`
`9,252`
`150,000`
`683,270`
`683,270`| |---|---|---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 31 March 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` 10 ``` SHALOM HOUSE BALANCE SHEET- contlnued 31 MARCH 2021 The trustees acknowledge their responsibilities for ensuring that the charitable company keeps actountin8 records that compty with Sertions 386 and 387 of the Companies Art 2(￿ and preparing financial statements which Bive a tnje and fair wew of the 5tste of affairs of the charitable company as at the end of each financial year and of its surplu5 or deficit for each financial year in accordance with the requirements of Sertions 394 and 395 and whith otherwise compty wrch the requirements of the Companies Art 2C(kS relating to finanaal statements. so far as applicable to the charitable company. Ibl These financial statements have been prepared in accordance with the Provi￿On5 applicable to charitable companie5 subject to the small companies reBime. The financial statements were approved by the Board of Tn￿ and authorised for issue .11.................. and were signed on its behaw by: on Mrs EThom s- Trustee The notes form part of these financial ststements li ``` SHALOM HOUSE ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`1. STATUTORY INFORMATION`** ``` ShalomHouseisaprivatecompany,limitedbyguaranteewithoutsharecapital,registeredinEngland and Wales. The registered office address can be found in the report of the trustees. ``` ## **`2. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with theexceptionofinvestmentswhichareincludedatmarketvalue,asmodifiedbytherevaluationof certain assets. ``` ``` Shalom House meets the definition of a public benefit entity under FRS 102. ``` ## **`Going concern`** ``` The financialstatementshave been preparedon a goingconcernbasisas the trusteesbelievethatno material uncertaintiesexist.The trusteeshave consideredthe level of fundsheldandthe expectedlevel of income and expenditurefor 12 months from authorisingthese financialstatements.The budgetedincome and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. ``` ## **`Financial reporting standard 102 - reduced disclosure exemptions`** ``` Thecharitablecompanyhastakenadvantageofthefollowingdisclosureexemptionsinpreparing these financialstatements,aspermittedbyFRS102'TheFinancialReportingStandardapplicableintheUK and Republic of Ireland': ``` - `the requirements of Section 7 Statement of Cash Flows.` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds, anyperformanceconditionsattachedtotheincomehavebeenmet,itisprobablethattheincomewill be received and the amount can be measured reliably. ``` ``` Donations and voluntary income are accounted for when receivable. ``` ``` Incomefromgovernmentandothergrants,whether'capital'or'revenue'grants,isrecognisedwhen the charityhasentitlementtothefunds,anyperformanceconditionsattachedtothegrantshavebeenmet,it is probablethattheincomewillbereceivedandtheamountcanbemeasuredreliably.Grantsreceived in advance are deferred and recognised in future accounting periods. ``` ``` Legacygiftsarerecognisedonacasebycasebasisfollowingthegrantingofprobatewhen the administrator/executorfortheestatehascommunicatedinwritingboththeamountandsettlementdate. In theeventthatthegiftisintheformofanassetotherthancashorafinancialassettradedona recognised stockexchange,recognitionissubjecttothevalueofthegiftbeingreliablymeasurablewithadegree of reasonable accuracy and the title to the asset having been transferred to the charity. ``` ``` Intereston funds held on depositis includedwhen receivableand the amountcan be measuredreliablyby the charity; this is normally upon notification of the interest paid or payable by the Bank. ``` ``` continued... ``` ``` 12 ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** ## **`2. ACCOUNTING POLICIES - continued`** ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement and the amount of the obligation can be measured reliably. ``` ``` Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all costrelatedtothecategory.Wherecostscannotbe directlyattributedtoparticularheadingstheyhave been allocated to activities on a basis consistent with the use of resources. ``` ## **`Allocation and apportionment of costs`** ``` Costsareallocatedbetweendirectcharitableandsupportexpenditureaccordingtothenatureofthe cost. Whereitemsinvolvemorethanonecategorytheyareapportionedbetweenthecategoriesona basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Tangiblefixedassetsotherthanfreeholdlandarestatedat costless depreciation.Depreciationis provided at rates calculatedto write off the cost less estimatedresidualvalue of each asset over its expectedusefullife, as follows: ``` |`Freehold land`|`- Freehold land is not depreciated`| |---|---| |`Freehold property`|`- 50 years straight line`| |`Plant and machinery`|`- 5 years straight line`| |`Fixtures, fittings and equipment`|`- 7 to 10 years straight line`| |`Computer equipment`|`- 3 years straight line`| ## **`Taxation`** ``` ShalomHouseisanexemptcharitywithinthemeaningofschedule3oftheCharitiesAct2011and is consideredtopassthetestssetoutinParagraph1Schedule6FinanceAct2010andthereforeitmeets the definition of a charitable company for UK Corporation Tax purposes. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Debtors`** ``` Tradeandotherdebtorsarerecognisedatthesettlementamountdueafteranytradediscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ``` ## **`Creditors and provisions`** ``` Creditorsandprovisionsare recognisedwhere the charityhas a presentobligationresultingfrom a past event thatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountduetosettlethe obligation canbemeasuredorestimatedreliably.Creditorsandprovisionsarenormallyrecognisedattheir settlement amount after allowing for any trade discounts due. ``` ## **`Pension costs and other post-retirement benefits`** ``` Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ``` ``` continued... ``` ``` 13 ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** ## **`2. ACCOUNTING POLICIES - continued`** ## **`Cash at bank and in hand`** ``` Assetsandliabilitiesinforeigncurrenciesaretranslatedintosterlingattheratesofexchangerulingat the balancesheet date. Transactionsin foreigncurrenciesare translatedinto sterlingat the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. ``` ## **`Financial instruments`** ``` The charityonlyhas financialassets and financialliabilitiesof a kindthat qualifyas basic financial instruments. Basicfinancialinstrumentsareinitiallyrecognisedattransactionvalueandsubsequentlymeasuredat their settlement value. ``` ``` Investmentsinnon-convertiblepreferencesharesandinnon-puttableordinaryandpreferenceshares are measured: ``` - `At fair value with changes recognised in Statement of Financial Activities if the shares are publicly traded or their fair value can otherwise be measured reliably;` - - `At cost less impairment for all other investments.` ## **`3. DONATIONS AND LEGACIES`** |`Donations`
`Legacies`
`Deferred income released`|**`2021`**
**`£`**
**`25,266`**
**`5,000`**
**`3,140`**
**`33,406`**|`2020`
`£`
`41,456`
`5,700`
`3,140`| |---|---|---| |||`50,296`| ``` Incomefromdonationsandlegacieswas£33,406(2020:£50,296)ofwhich£3,140(2020:£3,140) was attributable to restricted funds and £30,266 (2020: £47,156) was attributable to unrestricted funds. ``` ## **`4. OTHER TRADING ACTIVITIES`** |**`OTHER TRADING ACTIVITIES`**||| |---|---|---| |`Fundraising events`
`Shop income`|**`2021`**
**`£`**
**`10,878`**
**`8,473`**
**`19,351`**|`2020`
`£`
`17,530`
`33,416`| |||`50,946`| ``` Income from trading activities was wholly attributable to unrestricted funds in 2021 and 2020. ``` ``` continued... ``` ``` 14 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`5. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||**`2021`**|`2020`| ||**`£`**|`£`| |`Deposit account interest`|**`28`**|`26`| |**`INCOME FROM CHARITABLE ACTIVITIES`**||| ||**`2021`**|`2020`| ||`Care and`|`Total`| ||`respite`|`activities`| ||**`£`**|`£`| |`Grants`|**`191,636`**|**`101,280`**| ## **`6. INCOME FROM CHARITABLE ACTIVITIES`** ``` Incomefromcharitableactivitieswas£191,636(2020:£101,280)ofwhich£17,790(2020:£21,809) was attributable to restricted funds and £173,846 (2020: £79,471) was attributable to unrestricted funds. ``` ``` Grants received, included in the above, are as follows: ``` |`Hywel Dda Funding For Palliative Care Services`
`WAG End of Life Board`
`Pembrokeshire County Council`
`HMRC Job Retention Scheme`
`COVID Support`
`PAVS`
`WCVA`
`Screwfix Foundation`|**`2021`**
**`£`**
**`34,974`**
**`24,472`**
**`-`**
**`27,078`**
**`42,000`**
**`18,232`**
**`40,341`**
**`4,539`**
**`191,636`**|`2020`
`£`
`69,999`
`8,500`
`21,809`
`972`
`-`
`-`
`-`
`-`| |---|---|---| |||`101,280`| ## **`7. RAISING FUNDS`** ## **`Raising donations and legacies`** |`Staff costs`
`Consultancy fees`|**`2021`**
**`£`**
**`8,684`**
**`9,975`**
**`18,659`**|`2020`
`£`
`11,702`
`-`| |---|---|---| |||`11,702`| ``` continued... ``` ``` 15 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`7. RAISING FUNDS - continued`** ## **`Other trading activities`** |**`Other trading activities`**|||| |---|---|---|---| |||**`2021`**|`2020`| |||**`£`**|`£`| |`Purchases`||**`1,028`**|`3,926`| |`Shop rates`||**`472`**|`103`| |`Shop insurance`||**`249`**|`724`| |`Shop light and heat`||**`(376)`**|`2,640`| |`Shop rent`||**`10,983`**|`9,520`| |`Shop repairs and maintenance`||**`2,138`**|`137`| |`Shop sundry expenses`||**`999`**|`740`| |`Shop consumables`||**`11`**|`80`| |`Shop bank charges`||**`96`**|`47`| |||**`15,600`**|`17,917`| |`Aggregate amounts`||**`34,259`**|`29,619`| |**`CHARITABLE ACTIVITIES COSTS`**|||| ||`Direct`|`Support`|| ||`Costs (see`|`costs (see`|| ||`note 9)`|`note 10)`|`Totals`| ||`£`|`£`|`£`| |`Care and respite`|**`172,722`**|**`66,450`**|**`239,172`**| ## **`8. CHARITABLE ACTIVITIES COSTS`** ``` £20,930 (2020: £24,949)of the above costs were attributableto restrictedfunds. £218,242(2020: £208,329) of the above costs were attributable to unrestricted funds. ``` ## **`9. DIRECT COSTS OF CHARITABLE ACTIVITIES`** |`Staff costs`
`Advertising`
`Kitchen costs`
`Medical & PPE supplies`
`Travel and subsistence`
`Rates and water`
`Insurance`
`Light and heat`
`Telephone`
`Postage and stationery`
`Sundry expenses`
`Repairs and maintenance`
`Cleaning`
`Website costs`
`Carried forward`|**`2021`**
**`£`**
**`116,352`**
**`1,660`**
**`27`**
**`4,801`**
**`745`**
**`267`**
**`3,970`**
**`3,868`**
**`2,537`**
**`2,434`**
**`2,080`**
**`12,410`**
**`1,363`**
**`1,027`**
**`153,541`**|`2020`
`£`
`129,984`
`-`
`5,152`
`324`
`3,673`
`1,108`
`3,730`
`4,411`
`1,890`
`1,256`
`2,385`
`26,227`
`504`
`1,370`| |---|---|---| |||`182,014`| ``` continued... ``` ``` 16 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`9. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued`** |**`DIRECT COSTS OF CHARITABLE ACTIVITIES - continued`**||| |---|---|---| |`Brought forward`
`Counselling sessions`
`Motor expenses`
`Legal and professional fees`
`Depreciation`|**`2021`**
**`£`**
**`153,541`**
**`3,700`**
**`969`**
**`995`**
**`13,517`**
**`172,722`**|`2020`
`£`
`182,014`
`-`
`-`
`-`
`7,708`| |||`189,722`| ## **`10. SUPPORT COSTS`** |**`SUPPORT COSTS`**||| |---|---|---| |||`Governance`| |||`costs`| |||`£`| |`Care and respite`||**`66,450`**| |`Support costs, included in the above, are as follows:`||| |**`Governance costs`**||| ||**`2021`**|`2020`| ||`Care and`|`Total`| ||`respite`|`activities`| ||**`£`**|`£`| |`Wages`|**`45,780`**|**`26,753`**| |`Social security`|**`2,638`**|**`978`**| |`Pensions`|**`6,153`**|**`2,504`**| |`Independent examiners remuneration`|**`3,500`**|**`3,500`**| |`Independent examiners remuneration for`||| |`other work`|**`4,216`**|**`4,930`**| |`Rates and water`|**`30`**|**`123`**| |`Insurance`|**`441`**|**`414`**| |`Light and heat`|**`430`**|**`490`**| |`Telephone`|**`282`**|**`210`**| |`Postage and stationery`|**`270`**|**`140`**| |`Advertising`|**`184`**|**`-`**| |`Legal and professional fees`|**`11`**|**`-`**| |`Sundry expenses`|**`231`**|**`265`**| |`Repairs and maintenance`|**`1,379`**|**`2,914`**| |`Cleaning`|**`151`**|**`56`**| |`Website costs`|**`114`**|**`152`**| |`Bank charges`|**`6`**|**`-`**| |`Depreciation of tangible fixed assets`|**`634`**|**`37`**| ||**`66,450`**|**`43,466`**| ``` continued... ``` ``` 17 ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** ## **`11. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||**`2021`**|`2020`| |---|---|---| ||**`£`**|`£`| |`Examination of the financial statements`|**`3,500`**|`3,500`| |`Other services`|**`4,216`**|`4,930`| |`Depreciation - owned assets`|**`14,151`**|`7,744`| |`Surplus on disposal of fixed assets`|**`(300)`**|`-`| ## **`12. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norforthe year ended 31 March 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended 31 March 2020. ``` ## **`13. STAFF COSTS`** |`Wages and salaries`
`Social security costs`
`Other pension costs`|**`2021`**
**`£`**
**`155,455`**
**`5,517`**
**`18,635`**
**`179,607`**|`2020`
`£`
`148,599`
`5,531`
`17,791`| |---|---|---| |||`171,921`| ``` The average monthly number of employees during the year was as follows: ``` |`Care and respite`
`Administration`|**`2021`**
**`8`**
**`2`**
**`10`**|`2020`
`9`
`2`| |---|---|---| |||`11`| ``` No employees received emoluments in excess of £60,000. ``` ``` The total employee benefits of the key management personnel of the charity were £93,498 (2020: £99,419). ``` ``` continued... ``` ``` 18 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`47,156`
**`Charitable activities`**
`Care and respite`
`79,471`
`Other trading activities`
`50,946`
`Investment income`
`26`
**`Total`**
`177,599`
**`EXPENDITURE ON`**
`Raising funds`
`29,619`
**`Charitable activities`**
`Care and respite`
`208,239`
**`Total`**
`237,858`
`Net gains/(losses) on investments`
`(11,697)`
**`NET INCOME/(EXPENDITURE)`**
`(71,956)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`755,226`
**`TOTAL FUNDS CARRIED FORWARD`**
`683,270`
**`15.`**
**`INDEPENDENT EXAMINERS REMUNERATION`**
`Examination of the financial statements`
`Other services`|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`47,156`
**`Charitable activities`**
`Care and respite`
`79,471`
`Other trading activities`
`50,946`
`Investment income`
`26`
**`Total`**
`177,599`
**`EXPENDITURE ON`**
`Raising funds`
`29,619`
**`Charitable activities`**
`Care and respite`
`208,239`
**`Total`**
`237,858`
`Net gains/(losses) on investments`
`(11,697)`
**`NET INCOME/(EXPENDITURE)`**
`(71,956)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`755,226`
**`TOTAL FUNDS CARRIED FORWARD`**
`683,270`
**`15.`**
**`INDEPENDENT EXAMINERS REMUNERATION`**
`Examination of the financial statements`
`Other services`|`Restricted`
`fund`
`£`
`3,140`
`21,809`
`-`
`-`
`24,949`
`-`
`24,949`
`24,949`
`-`
`-`
`-`
`-`|`Restricted`
`fund`
`£`
`3,140`
`21,809`
`-`
`-`
`24,949`
`-`
`24,949`
`24,949`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`50,296`
`101,280`
`50,946`
`26`
`202,548`
`29,619`
`233,188`
`262,807`
`(11,697)`
`(71,956)`
`755,226`
`683,270`| |---|---|---|---|---| ||||`2021`|`2020`| ||||`£`|`£`| ||||`3,500`|`3,500`| ||||`4,216`|`4,930`| |||||| |||||| ||||`7,716`|`8,430`| |||||| ``` continued... ``` ``` 19 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`16. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 April 2020`
`Additions`
`Disposals`
`At 31 March 2021`
**`DEPRECIATION`**
`At 1 April 2020`
`Charge for year`
`Eliminated on disposal`
`At 31 March 2021`
**`NET BOOK VALUE`**
`At 31 March 2021`
`At 31 March 2020`
**`COST`**
`At 1 April 2020`
`Additions`
`Disposals`
`At 31 March 2021`
**`DEPRECIATION`**
`At 1 April 2020`
`Charge for year`
`Eliminated on disposal`
`At 31 March 2021`
**`NET BOOK VALUE`**
`At 31 March 2021`
`At 31 March 2020`|`Freehold`
`Plant and`
`property`
`machinery`
`£`
`£`
**`453,492`**
**`48,531`**
**`-`**
**`5,547`**
**`-`**
**`-`**
**`453,492`**
**`54,078`**
**`73,320`**
**`46,385`**
**`6,070`**
**`2,284`**
**`-`**
**`-`**
**`79,390`**
**`48,669`**
**`374,102`**
**`5,409`**
`380,172`
`2,146`
`Motor`
`Computer`
`vehicles`
`equipment`
`£`
`£`
**`-`**
**`6,227`**
**`15,995`**
**`4,605`**
**`-`**
**`-`**
**`15,995`**
**`10,832`**
**`-`**
**`5,755`**
**`3,999`**
**`1,771`**
**`-`**
**`-`**
**`3,999`**
**`7,526`**
**`11,996`**
**`3,306`**
`-`
`472`|`Fixtures`
`and`
`fittings`
`£`
**`45,503`**
**`-`**
**`(7,350)`**
**`38,153`**
**`45,472`**
**`27`**
**`(7,350)`**
**`38,149`**
**`4`**
`31`
`Totals`
`£`
**`553,753`**
**`26,147`**
**`(7,350)`**
**`572,550`**
**`170,932`**
**`14,151`**
**`(7,350)`**
**`177,733`**
**`394,817`**
`382,821`| |---|---|---| ``` Includedin costor valuationof landandbuildingsis freeholdlandof £150,000(2020- £150,000)whichis not depreciated. ``` ``` continued... ``` ``` 20 ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** ## **`16. TANGIBLE FIXED ASSETS - continued`** ``` Landandbuildingcomprisethefreeholdpremisesknownas113NunStreet,St.Davidsandoccupiedby the charity.TheyweredonatedbyMissElizabethdeGuise,alocalbenefactress.At16September1998, the propertywas valued at £85,000and includedin the charity'saccounts.When the charitycommenced activities on1July2007,thepremiseswererevaluedduetothesubstantialamountofrenovationwork undertaken. Land has been valued by the Trustees at £150,000 and has not been depreciated. ``` ``` Thepropertywasvaluedat£425,000asat30June2007,byJJMorrisCharteredSurveyorson10 December 2008.Freeholdlandandbuildingswererecognisedusingthisvaluationasa deemedcostontransitionto the SORP. These assets are being depreciatedfrom their valuationdate of 30 June 2007 and have a net book value of £374,102 (2020: £380,172). ``` ## **`17. FIXED ASSET INVESTMENTS`** ||`Listed`
`investments`| |---|---| ||`£`| |**`MARKET VALUE`**|| |`At 1 April 2020`|`306,252`| |`Revaluations`|`28,023`| ||| ||`334,275`| ||| |**`NET BOOK VALUE`**|| |`At 31 March 2021`|`334,275`| ||| |`At 31 March 2020`|`306,252`| ||| ``` There were no investment assets outside the UK. ``` ``` The fairvalueof listedinvestmentsis determinedby referenceto quotedpricefor identicalassetsin an active market at the balance sheet date. ``` ## **`18. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Other debtors`
`Gift aid receivable`
`VAT`
`Prepayments`|**`2021`**
**`£`**
**`17,296`**
**`3,148`**
**`8,668`**
**`1,723`**
**`30,835`**|`2020`
`£`
`12,638`
`1,626`
`6,923`
`817`| |||`22,004`| ``` continued... ``` ``` 21 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`19. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||| |---|---|---| |`Trade creditors`
`Social security and other taxes`
`Pension`
`Attachment of earnings`
`Accrued expenses`
`Deferred government grants`
`Deferred income`|**`2021`**
**`£`**
**`5,743`**
**`2,382`**
**`2,109`**
**`30`**
**`8,620`**
**`3,140`**
**`12,084`**
**`34,108`**|`2020`
`£`
`1,947`
`2,481`
`2,069`
`15`
`8,491`
`3,140`
`19,500`| |||`37,643`| ## **`20. LEASING AGREEMENTS`** ``` Minimum lease payments under non-cancellable operating leases fall due as follows: ``` |`Within one year`
`Between one and five years`|**`2021`**
**`£`**
**`14,600`**
**`-`**
**`14,600`**|`2020`
`£`
`14,600`
`9,600`| |---|---|---| |||`24,200`| ``` Totalfinancialcommitments,guaranteesandcontingencieswhicharenotincludedinthebalance sheet amount to £14,600 (2020: £24,200). ``` ## **`21. ACCRUALS AND DEFERRED INCOME`** |`Deferred government grants`
`Deferred income`|**`2021`**
**`£`**
**`110,685`**
**`12,248`**
**`122,933`**|`2020`
`£`
`113,825`
`-`| |---|---|---| |||`113,825`| ``` Deferredgovernmentgrantsaregrantsawardedforthepurposeofrenovatingthecharitiespremises. These grants have been treated as deferred income, and amortised over the life of the corresponding assets. ``` ``` Deferredincomeconsistsofincomeandothergrantsreceived.Grantsandotherincomefor specific expenditure such as assets will be released over the useful life of the corresponding asset. ``` ``` Deferredincomeinrespectofthecharity'scorecostswillbereleasedwhentheexpenditurehas been incurred. ``` ``` continued... ``` ``` 22 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`22. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
`Fair value reserve`
`Designated contingency fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are a`
**`Unrestricted funds`**
`General fund`
`Fair value reserve`
**`Restricted funds`**
`Care and respite`
**`TOTAL FUNDS`**|`Net`
`movement`
`At`
`At 1.4.20`
`in funds`
`31.3.21`
`£`
`£`
`£`
**`524,018`**
**`(28,711)`**
**`495,307`**
**`9,252`**
**`28,023`**
**`37,275`**
**`150,000`**
**`-`**
**`150,000`**
**`683,270`**
**`(688)`**
**`682,582`**
**`683,270`**
**`(688)`**
**`682,582`**
`s follows:`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
**`223,790`**
**`(252,501)`**
**`-`**
**`(28,711)`**
**`1`**
**`-`**
**`28,022`**
**`28,023`**
**`223,791`**
**`(252,501)`**
**`28,022`**
**`(688)`**
**`20,930`**
**`(20,930)`**
**`-`**
**`-`**
**`244,721`**
**`(273,431)`**
**`28,022`**
**`(688)`**| |---|---| ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
`Fair value reserve`
`Designated contingency fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.4.19`
`in funds`
`£`
`£`
`584,277`
`(60,259)`
`20,949`
`(11,697)`
`150,000`
`-`
`755,226`
`(71,956)`
`755,226`
`(71,956)`|`At`
`31.3.20`
`£`
`524,018`
`9,252`
`150,000`| |---|---|---| |||`683,270`| |||`683,270`| ``` continued... ``` ``` 23 ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021 ``` ## **`SHALOM HOUSE`** ## **`22. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fair value reserve`
**`Restricted funds`**
`Care and respite`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
`177,599`
`(237,858)`
`-`
`-`
`177,599`
`(237,858)`
`24,949`
`(24,949)`
`202,548`
`(262,807)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`-`
`(60,259)`
`(11,697)`
`(11,697)`
`(11,697)`
`(71,956)`
`-`
`-`
`(11,697)`
`(71,956)`| |---|---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fair value reserve`
`Designated contingency fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.4.19`
`in funds`
`£`
`£`
`584,277`
`(88,970)`
`20,949`
`16,326`
`150,000`
`-`
`755,226`
`(72,644)`
`755,226`
`(72,644)`|`At`
`31.3.21`
`£`
`495,307`
`37,275`
`150,000`| |---|---|---| |||`682,582`| |||`682,582`| ``` A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above are as follows: ``` |**`Unrestricted funds`**
`General fund`
`Fair value reserve`
**`Restricted funds`**
`Care and respite`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
`401,389`
`(490,359)`
`1`
`-`
`401,390`
`(490,359)`
`45,879`
`(45,879)`
`447,269`
`(536,238)`|`Gains and`
`Movement`
`losses`
`in funds`
`£`
`£`
`-`
`(88,970)`
`16,325`
`16,326`
`16,325`
`(72,644)`
`-`
`-`
`16,325`
`(72,644)`| |---|---|---| ``` continued... ``` ``` 24 ``` ## **`SHALOM HOUSE`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`** ## **`23. EMPLOYEE BENEFIT OBLIGATIONS`** ``` Thecharityoperatesadefinedcontributionpensionscheme.Theassetsoftheschemeareheld separately fromthoseofthecharityinindependentlyadministeredfunds.Thepensioncostscharge represents contributions payable by the charity to those funds and amounted to £18,635 (2020: £17,791). ``` ## **`24. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 March 2021. ``` ## **`25. ULTIMATE CONTROLLING PARTY`** ``` The ultimate controlling party is the board of trustees. ``` ``` 25 ```