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2022-03-31-accounts

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 2022

Carr, Jenkins & Hood Oystermouth House Charter Court, Phoenix Way Swansea Enterprise Park Swansea SA7 9FS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

Page
Report of the trustees 1 to 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9 to 10
Notes to the financial statements 11 to 25
Detailed statement of financial activities 26 to 28

SHALOM HOUSE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic 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 objectives of Shalom House are to establish and maintain a Palliative Care Centre, for the communal benefit of the inhabitants of Pembrokeshire, there being no such similar facility in place at present.

Shalom House is a non-profit making organisation, providing a high quality professional service for people with terminal illness (including cancer and any progressive life-limiting diseases) in an environment of tranquillity and support. The aims of Shalom House are:

The mission of Shalom House is:

1

SHALOM HOUSE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Objectives and activities Ethos and Philosophy

Public benefit

In setting Shalom House's objectives and aims and in planning their activities, the Trustees have given careful consideration to the Charities Commission's general guidance on public benefit. Shalom's key objectives for the year included:

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:

2

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

Achievement and performance Charitable activities

Shalom House opened for service provision on 23 November 2007 after the successful adaptation of the building and gradually developed its function to offer day, respite and a palliative care service to patients and their relatives. At present, Shalom House offers a palliative day care service to between 4 to 6 patients per day, Monday to Friday. Alongside the traditional day care support we provide personal care sessions and are aiming to restart the special interest days within the very near future as conditions allow.

During the year ending 31 March 2021, Shalom House received funding from Hywel Dda University Health Board within the provisions of a Service Level Agreement effective from April 2021. HDUHB asked for help from all care providers to help relieve winter pressures. The management team put together a Funding proposal for three respite sessions in January February and March to the health board. This was approved and we ran a Monday to Friday respite session for 5 attendees each month. This took a lot of planning and relied on the support of the Shalom House team, St Davids Surgery and the out of hours supported, both of which agreed to support the venture.

The three sessions were a success and has been continued into the next financial year, some funded by the health board some self-funded. These respites have given carers a well needed break, some of which have not been able to have a break for the last two years due to covid restrictions. For other people it has reduced their feelings of social isolation, which again were heightened during the lockdown.

We continued with our CIW registration and provided hospice at home services within the county of Pembrokeshire. During the lockdown this was our main source of support. We scaled this service back when Shalom House reopened as the day centre returned to being our main focus. We still offer this service on an ad hoc basis to no more than one person at time.

When Shalom House re-opened, thanks to a grant that Judith, the previous Business Manager, secured, we installed screens in the shops and in Shalom House and purchased new recliner chairs that are easily wipeable. In addition we amended our opening hours 10am to 3pm to allow for intensive cleaning prior to attendees arriving and after they have gone.

Samantha Wilson-Croft was employed from August 2021 as Shalom House's Business Manager, heading up all fundraising, volunteering, grants, and business aspects. Over the year we have set up regular quizzes in St Davids, Fishguard and Solva. We have attended summer fêtes, Christmas fêtes and any other event that will raise awareness of Shalom House.

Sam has also, with the help of the team, secured grants this year for continuation of the bereavement services and garden improvements. We were also able to obtain grants for items needed for the respite sessions, including new bedding and some staff costs. This also included the purchase of a PAT testing machine and PAT testing training for Sam. Doing in house PAT testing saves on the yearly cost of an external person coming in.

Donna continues her essential work as Care Manager. The management team are supported by registered nurses, health care assistants (registered with Social Care Wales), a small bank staff team of nurses and healthcare assistants, administrator and shop volunteers and volunteer drivers.

In house patient satisfaction surveys have rated the service at Shalom House 100%+ throughout the year. We continue to monitor our activities closely, responding to suggested changes where feasible and appropriate.

Links continue to be forged with the Palliative Care Consultant at Withybush General Hospital and the wider Palliative Strategic Forum for Hywel Dda along with our partners in the third sector. Shalom House staff attend team meetings at the hospital and local GP practice, with us playing an active role in Hywel Dda Health Board's review of Palliative care services.

3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

The Fishguard and St David's shops both continue to flourish. The shops are staffed by a team of volunteers who work tirelessly to maintain image and presentation, also providing information on the work of the hospice and supporting other fundraising initiatives. We have worked hard to develop better links with the local community.

We continue to use our wheelchair accessible car to transport patients within the community. We have a team of three volunteer drivers who support patients to attend Shalom House from as far away as Narberth. We have used the car during the warmer months to take attendees on trips out to local beaches, local restaurants and garden centres. The reassurance of travel within a secure vehicle has been about for patients and staff, enabling us to continue Shalom House's good work at all times.

Financial review

Financial position

Total incoming resources for the year amounted to £226,502 (2021: £249,917). Resources expended amount to £288,547 (2021: £273,431). The net deficit for the year before the revaluation of the investment is £62,045 (2021: £23,514). The net deficit for the year after the revaluation of the investment is £67,666 (2021: surplus of £4,508).

The total net reserves at the balance sheet date are £753,072 (2021: £820,738). Unrestricted funds total £614,640 (2021: £688,417) and restricted funds total £138,432 (2021: £nil).

Shalom House is operating against a background of continually rising costs, especially payroll related, and increasing competition for donated and other charitable funds. In a world where the cost of living is constantly increasing, fundraising becomes more difficult.

Principal funding sources

The charity's principal source of funds is through the Service Level Agreement with Hywel Dda Local Health Board. The Service Level Agreement for the year ended 31 March 2022, the current agreement is £60,000 per annum. We secured additional funding of £9,354 for the January to March respite services.

Reserves policy

The Charity will need to expend substantial sums in future periods in order to maintain and develop its services. A formal reserves policy has been formulated whereby the sum of £150,000 has been ringfenced as a designated contingency reserve. This is broadly equivalent to 6 months operating costs and will be reviewed annually to maintain the reserve at this ratio as a minimum.

Additional reserves, which have been accumulated mainly from a substantial legacy received in 2015, are being utilised to support service delivery in the light of reductions in levels of support from statutory funds.

Future plans

The intention of Hywel Dda University Health Board to move to a commissioning model provides no guarantees for future funding, rendering longer term strategic planning difficult. It is envisaged that the proposed diversification of services, whilst supporting the Palliative Care Unit as a priority, will leave Shalom House well placed to tender for future funds.

Review on the future of Shalom is a constant agenda point, involving all Trustees and staff. The respite sessions are something we intend to continue to offer in the future. Shalom will continue to concentrate on activities to support patients to Live Well, and instigate a more targeted approach to fundraising and income generation. At the same time, the focus of Shalom House will continue to be the provision of palliative care within the day centre. A key factor was registration with CIW as a Domiciliary Service and this was achieved in October 2020.

It is the intention of the Trustees, as current guardians of the legacy of Shalom House, to strive to maintain relevant and effective support services, within the framework of a planned income generation policy.

4

SHALOM HOUSE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Structure, governance and management

Governing document

Shalom House is controlled by its governing document, the Memorandum and Articles of Association and is a limited company, limited by guarantee, as defined by Companies Act 2006.

Shalom House was registered with the Charities Commission on 12 January 2007. The governing documents are held at the registered office.

Recruitment and appointment of new trustees

Trustees are appointed at the Annual General Meeting. They are recruited through contact with other trustees and through charitable events.

Organisational structure

The governing body is the Board of Trustees, who are non-executive, unpaid and meet at regular intervals during the year. The day to day activities are managed by the Registered Care Manager and the Business Manager who also acts as Clerk to the Trustees, registered nurses team, health care assistants, a small team of bank registered nurses and healthcare assistants, an administrator and a Management Committee comprising:

Chair Mr W Preece Other Members Mrs E Thomas Dr R Schofield Mrs B Caulfield

Induction and training of new trustees

There is no formal induction or training process for trustees as the skills and knowledge of trustees varies. New trustees are provided with a description of their expected role and responsibilities, which ensures trustees are aware of their legal obligations under charity and company law. They are briefed by the Chair and Business Manager on historic and prevailing strategic issues.

All trustees give of their time freely and no remuneration or expenses were paid in the year.

Risk management

The trustees have a duty to identify and review the risks to which Shalom House is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risk assessment and the management of risk is a continuous process, with all areas being addressed as required. Risk management is a standing agenda item of each board meeting and features in the report provided to the board by the Business Manager prior to each meeting.

The key strategic risks facing Shalom House have been identified as Governance and Management, Reputational and Commercial. The board and its committee have been tasked with identifying and examining the major risks relevant to their area of influence. The trustees risk management strategy comprises:

Reference and administrative details

Registered Company number

05437976 (England and Wales)

Registered Charity number

1117564

5

SHALOM HOUSE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Registered office

Oystermouth House Charter Court Phoenix Way Swansea Enterprise Park Swansea West Glamorgan SA7 9FS

Trustees

Mr J W G Preece Mrs E M Thomas Dr R P Schofield Mrs B M Caulfield Mr E P Scott (resigned 22/11/2021)

Independent Examiner

Stuart Harries FCA ACCA Independent Examiner Carr, Jenkins & Hood Oystermouth House Charter Court, Phoenix Way Swansea Enterprise Park Swansea SA7 9FS

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Mr J W G Preece - Trustee

6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHALOM HOUSE

Independent examiner's report to the trustees of Shalom House ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Stuart Harries FCA ACCA Independent Examiner Carr, Jenkins & Hood Oystermouth House Charter Court, Phoenix Way Swansea Enterprise Park Swansea SA7 9FS

Date: .............................................

7

SHALOM HOUSE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes £ £ £ £
Income and endowments from
Donations and legacies 3 35,860 - 35,860 30,266
Charitable activities
Care and respite 105,780 25,625 131,405 199,972
Other trading activities 4 53,102 - 53,102 19,351
Investment income 5 7 - 7 28
Other income 7 6,128 - 6,128 300
Total 200,877 25,625 226,502 249,917
Expenditure on
Raising funds 8 37,169 - 37,169 34,259
Charitable activities 9
Care and respite 231,864 19,514 251,378 239,172
Total 269,033 19,514 288,547 273,431
-
Net gains/(losses) on investments (5,621) (5,621) 28,022
NET INCOME/(EXPENDITURE) (73,777) 6,111 (67,666) 4,508
Reconciliation of funds
Total funds brought forward
-
As previously reported 682,582 682,582 816,230
Prior year adjustment 16 5,835 132,321 138,156 -
As restated 688,417 132,321 820,738 816,230
Total funds carried forward 614,640 138,432 753,072 820,738
----- End of picture text -----

The notes form part of these financial statements

8

SHALOM HOUSE

BALANCE SHEET 31 MARCH 2022

----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes £ £ £ £
Fixed assets
Tangible assets 18 259,403 122,932 382,335 394,817
Investments 19 328,654 - 328,654 334,275
588,057 122,932 710,989 729,092
Current assets
Debtors 20 13,302 - 13,302 30,835
Cash at bank and in hand 27,212 15,500 42,712 79,696
40,514 15,500 56,014 110,531
Creditors
Amounts falling due within one year 21 (13,931) - (13,931) (18,885)
Net current assets 26,583 15,500 42,083 91,646
Total assets less current liabilities 614,640 138,432 753,072 820,738
NET ASSETS 614,640 138,432 753,072 820,738
Funds 23
Unrestricted funds:
General fund 432,986 501,142
Fair value reserve 31,654 37,275
Designated contingency fund 150,000 150,000
614,640 688,417
Restricted funds:
Property renovation 110,685 113,825
Capital purchases 12,247 18,496
-
Post Code Community 15,500
138,432 132,321
Total funds 753,072 820,738
----- End of picture text -----

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The notes form part of these financial statements

continued...

9

SHALOM HOUSE

BALANCE SHEET - continued 31 MARCH 2022

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Mrs E M Thomas - Trustee

The notes form part of these financial statements

10

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. Statutory information

Shalom House is a private company, limited by guarantee without share capital, registered in England 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 financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Shalom House meets the definition of a public benefit entity under FRS 102.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income 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

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.

Donations and voluntary income are accounted for when receivable.

Income from government and other grants, whether 'capital' or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, the amount can be measured reliably and is not deferred.

Legacy gifts are recognised on a case by case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

continued...

11

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

2. Accounting policies - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Costs are allocated between direct charitable and support expenditure according to the nature of the cost. Where items involve more than one category they are apportioned between the categories on a basis consistent with the use of resources.

Tangible fixed assets

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

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

Shalom House is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets 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.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

12

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

2. Accounting policies - continued

Cash at bank and in hand

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at 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 charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Investments in non-convertible preference shares and in non-puttable ordinary and preference shares are measured:

3. Donations and legacies

Donations
Legacies		 2022
as
£
35,860
-
35,860		 2021
restated
£
25,266
5,000
30,266

Income from donations and legacies was wholly attributable to unrestricted funds in 2022 and 2021.

4. Other trading activities

Fundraising events
Shop income		 2022
as
£
1,449
51,653
53,102		 2021
restated
£
10,878
8,473
19,351

Income from trading activities was wholly attributable to unrestricted funds in 2022 and 2021.

continued...

13

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

5. Investment income

Investment income
Deposit account interest 2022
£
7		 2021
as restated
£
28
Income from charitable activities
Grants		 2022
Care and
respite
£
131,405		 2021
as restated
Total
activities
£
199,972

6. Income from charitable activities

Income from charitable activities was £131,405 (2021: £199,972) of which £25,625 (2021: £20,291) was attributable to restricted funds and £105,780 (2021: £179,681) 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
HMRC Job Retention Scheme
COVID Support
PAVS
WCVA
Screwfix Foundation
National Lottery
Post Code Community
HMRC SSP
Other income
Gain on sale of tangible fixed assets
NHS staff bonus		 2022
a
£
69,354
-
1,238
-
5,800
35,000
-
-
19,825
188
131,405
2022
a
£
-
6,128
6,128		 2021
s restated
£
34,974
20,473
27,078
42,000
18,232
46,841
4,539
5,835
-
-
199,972
2021
s restated
£
300
-
300

7. Other income

continued...

14

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

8. Raising funds

Raising donations and legacies
Staff costs
Consultancy fees		 2022
£
16,582
1,700		 2021
as restated
£
8,684
9,975
18,282 18,659
Other trading activities
Purchases
Shop rates
Shop insurance
Shop light and heat
Shop rent
Shop repairs and maintenance
Shop sundry expenses
Shop consumables
Shop bank charges		 2022
£
1,418
875
264
940
15,040
6
12
121
211		 2021
as restated
£
1,028
472
249
(376)
10,983
2,138
999
11
96
18,887 15,600
Aggregate amounts 37,169 34,259
9.
Charitable activities costs
Direct
Costs (see
note 10)
£
Care and respite
177,610		 Support
costs (see
note 11)
£
73,768		 Totals
£
251,378

£19,514 (2021: £20,930) of the above costs were attributable to restricted funds. £231,864 (2021: £218,242) of the above costs were attributable to unrestricted funds.

continued...

15

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10. Direct costs of charitable activities

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |as restated| |£|£| |Staff costs|114,119|116,352| |Advertising|2,655|1,660| |Kitchen costs|600|27| |Medical & PPE supplies|661|4,801| |Travel and subsistence|2,520|745| |Rates and water|182|267| |Insurance|4,330|3,970| |Light and heat|1,978|3,868| |Telephone|1,872|2,537| |Postage and stationery|1,091|2,434| |Sundry expenses|1,888|2,080| |Repairs and maintenance|16,546|12,410| |Cleaning|497|1,363| |IT, software and consumables|2,081|1,027| |Counselling sessions|9,900|3,700| |Motor expenses|2,395|969| |Legal and professional fees|195|995| |Depreciation|14,100|14,142| |177,610|173,347|

----- End of picture text -----

11. Support costs

----- Start of picture text -----
||| |---|---| |Governance| |costs| |£| |Care and respite|73,768|

----- End of picture text -----

Support costs, included in the above, are as follows:

Governance costs

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |as restated| |Care and|Total| |respite|activities| |£|£| |Wages|53,240|45,780| |Social security|3,087|2,638| |Pensions|7,550|6,153| |Independent examiners remuneration|3,675|3,500| |Independent examiners remuneration for| |other work|1,516|4,216| |Rates and water|20|30| |Insurance|481|441| |Carried forward|69,569|62,758|

----- End of picture text -----

continued...

16

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

11. Support costs - continued

Governance costs - continued

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |as restated| |Care and|Total| |respite|activities| |£|£| |Brought forward|69,569|62,758| |Light and heat|220|430| |Telephone|208|282| |Postage and stationery|121|270| |Advertising|295|184| |Legal and professional fees|505|11| |Sundry expenses|210|231| |Repairs and maintenance|1,729|1,379| |Cleaning|55|151| |IT, software and consumables|231|114| |Bank charges|-|6| |Depreciation of tangible fixed assets|625|9| |73,768|65,825|

----- End of picture text -----

12. Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |as restated| |£|£| |Examination of the financial statements|3,675|3,500| |Other services|1,516|4,216| |Depreciation - owned assets|14,725|14,151| |-| |Surplus on disposal of fixed assets|(300)|

----- End of picture text -----

13. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

continued...

17

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

14. Staff costs

Wages and salaries
Social security costs
Other pension costs		 2022
a
£
165,314
8,012
21,252
194,578		 2021
s restated
£
155,455
5,517
18,635
179,607

The average monthly number of employees during the year was as follows:

Care and respite
Administration		 2022
as
8
2
10		 2021
restated
8
2
10

No employees received emoluments in excess of £60,000.

The total employee benefits of the key management personnel of the charity were £64,760 (2021: £93,498).

15. Comparatives for the statement of financial activities

Unrestricted
Restricted
funds
funds
as
£
£
Income and endowments from
Donations and legacies
30,266
-
Charitable activities
Care and respite
179,681
20,291
Other trading activities
19,351
-
Investment income
28
-
Other income
300
-
Total
229,626
20,291
Expenditure on
Raising funds
34,259
-
Charitable activities
Care and respite
218,242
20,930
Total
252,501
20,930
Net gains on investments
28,022
-		 Total
funds
restated
£
30,266
199,972
19,351
28
300
249,917
34,259
239,172
273,431
28,022

continued...

18

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

15. Comparatives for the statement of financial activities - continued

Unrestricted
Restricted
funds
funds
as
£
£
NET INCOME/(EXPENDITURE)
5,147
(639)
Reconciliation of funds
Total funds brought forward
683,270
132,960
Total funds carried forward
688,417
132,321		 Total
funds
restated
£
4,508
816,230
820,738

16. Prior year adjustment

The accounts to 31 March 2021 have been restated. Grants received in previous years were accounted for as deferred income and released over the life of the connected assets. These grants should have been recognised under the performance model and released to the SOFA on receipt.

As a result of this restatement, total income has increased by £5,196, restricted funds increased by £132,321 and unrestricted funds increased by £5,835.

17. Independent examiners remuneration

Independent examiners remuneration
2022 2021
£ £
Examination of the financial statements 3,675 3,500
Other services 1,516 4,216
5,191 7,716

continued...

19

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

18. Tangible fixed assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Freehold
Plant and
property
machinery
£
£
453,492
54,078
-
-
453,492
54,078
79,390
48,669
6,070
2,133
85,460
50,802
368,032
3,276
374,102
5,409
Motor
Computer
vehicles
equipment
£
£
15,995
10,832
-
2,243
15,995
13,075
3,999
7,526
3,999
2,519
7,998
10,045
7,997
3,030
11,996
3,306		 Fixtures
and
fittings
£
38,153
-
38,153
38,149
4
38,153
-
4
Totals
£
572,550
2,243
574,793
177,733
14,725
192,458
382,335
394,817

Included in cost or valuation of land and buildings is freehold land of £150,000 (2021 - £150,000) which is not depreciated.

Land and building comprise the freehold premises known as 113 Nun Street, St. Davids and occupied by the charity. They were donated by Miss Elizabeth de Guise, a local benefactress. At 16 September 1998, the property was valued at £85,000 and included in the charity's accounts. When the charity commenced activities on 1 July 2007, the premises were revalued due to the substantial amount of renovation work undertaken. Land has been valued by the Trustees at £150,000 and has not been depreciated.

continued...

20

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

18. Tangible fixed assets - continued

The property was valued at £425,000 as at 30 June 2007, by J J Morris Chartered Surveyors on 10 December 2008. Freehold land and buildings were recognised using this valuation as a deemed cost on transition to the SORP. These assets are being depreciated from their valuation date of 30 June 2007 and have a net book value of £374,102 (2020: £380,172).

19. Fixed asset investments

MARKET VALUE
At 1 April 2020
Revaluations
NET BOOK VALUE
At 31 March 2022
At 31 March 2021		 Listed
investments
£
334,275
(5,621)
328,654
328,654
334,275

There were no investment assets outside the UK.

The fair value of listed investments is determined by reference to quoted price for identical assets in an active market at the balance sheet date.

20. Debtors: amounts falling due within one year

Other debtors
Gift aid receivable
VAT
Prepayments		 2022
as
£
5,000
-
6,622
1,680
13,302		 2021
restated
£
17,296
3,148
8,668
1,723
30,835

continued...

21

SHALOM HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. Creditors: amounts falling due within one year

Trade creditors
Social security and other taxes
Pension
Attachment of earnings
Accrued expenses		 2022
as
£
3,208
3,469
-
-
7,254
13,931		 2021
restated
£
5,744
2,382
2,109
30
8,620
18,885

22. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2022
as
£
14,600
4,800
19,400		 2021
restated
£
14,600
-
14,600

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £19,400 (2021: £14,600).

23. Movement in funds

Unrestricted funds
General fund
Fair value reserve
Designated contingency fund
Restricted funds
Property renovation
Capital purchases
Post Code Community
TOTAL FUNDS		 Prior
Net
year
movement
At 1.4.21
adjustment
in funds
£
£
£
495,307
5,835
(68,156)
37,275
-
(5,621)
150,000
-
-
682,582
5,835
(73,777)
-
113,825
(3,140)
-
18,496
(6,249)
-
-
15,500
-
132,321
6,111
682,582
138,156
(67,666)		 At
31.3.22
£
432,986
31,654
150,000
614,640
110,685
12,247
15,500
138,432
753,072

continued...

22

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

23. Movement in funds - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Fair value reserve
Restricted funds
Care and respite
Property renovation
Capital purchases
Post Code Community
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
200,877
(269,033)
-
-
200,877
(269,033)
5,800
(5,800)
-
(3,140)
-
(6,249)
19,825
(4,325)
25,625
(19,514)
226,502
(288,547)		 Gains and
Movement
losses
in funds
£
£
-
(68,156)
(5,621)
(5,621)
(5,621)
(73,777)
-
-
-
(3,140)
-
(6,249)
-
15,500
-
6,111
(5,621)
(67,666)

Comparatives for movement in funds

Unrestricted funds
General fund
Fair value reserve
Designated contingency fund
Restricted funds
Property renovation
Capital purchases
TOTAL FUNDS		 Net
movement
At 1.4.20
in funds
£
£
524,018
(22,876)
9,252
28,023
150,000
-
683,270
5,147
116,965
(3,140)
15,995
2,501
132,960
(639)
816,230
4,508		 At
31.3.21
£
501,142
37,275
150,000
688,417
113,825
18,496
132,321
820,738

continued...

23

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

23. 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
Property renovation
Capital purchases
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
229,625
(252,501)
1
-
229,626
(252,501)
11,541
(11,541)
-
(3,140)
8,750
(6,249)
20,291
(20,930)
249,917
(273,431)		 Gains and
Movement
losses
in funds
£
£
-
(22,876)
28,022
28,023
28,022
5,147
-
-
-
(3,140)
-
2,501
-
(639)
28,022
4,508

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
Restricted funds
Property renovation
Capital purchases
Post Code Community
TOTAL FUNDS		 Prior
Net
year
movement
At 1.4.20
adjustment
in funds
£
£
£
524,018
5,835
(91,032)
9,252
-
22,402
150,000
-
-
683,270
5,835
(68,630)
116,965
113,825
(6,280)
15,995
18,496
(3,748)
-
-
15,500
132,960
132,321
5,472
816,230
138,156
(63,158)		 At
31.3.22
£
438,821
31,654
150,000
620,475
224,510
30,743
15,500
270,753
891,228

continued...

24

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

SHALOM HOUSE

23. Movement in funds - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Fair value reserve
Restricted funds
Care and respite
Property renovation
Capital purchases
Post Code Community
TOTAL FUNDS		 Incoming
Resources
resources
expended
£
£
430,502
(521,534)
1
-
430,503
(521,534)
17,341
(17,341)
-
(6,280)
8,750
(12,498)
19,825
(4,325)
45,916
(40,444)
476,419
(561,978)		 Gains and
Movement
losses
in funds
£
£
-
(91,032)
22,401
22,402
22,401
(68,630)
-
-
-
(6,280)
-
(3,748)
-
15,500
-
5,472
22,401
(63,158)

24. Employee benefit obligations

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in independently administered funds. The pension costs charge represents contributions payable by the charity to those funds and amounted to £21,252 (2021: £18,635).

25. Related party disclosures

During the year Mr Preece, a trustee of the charity, organised a local builder to do remedial work to the front wall. As Mr Preece had organised it, the builder invoiced him direct and he then paid it. The total bill for the work completed was £2,335.

The sum of £2,000 was reimbursed to Mr Preece with the balance of £335 donated to the charity.

26. Ultimate controlling party

The ultimate controlling party is the board of trustees.

25

SHALOM HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
as restated
£ £
Income and endowments
Donations and legacies
Donations 35,860 25,266
-
Legacies 5,000
35,860 30,266
Other trading activities
Fundraising events 1,449 10,878
Shop income 51,653 8,473
53,102 19,351
Investment income
Deposit account interest 7 28
Charitable activities
Grants 131,405 199,972
Other income
Gain on sale of tangible fixed assets - 300
NHS staff bonus 6,128 -
6,128 300
Total incoming resources 226,502 249,917
Expenditure
Raising donations and legacies
Wages 13,636 7,556
Social security 1,006 334
Pensions 1,940 794
Consultancy fees 1,700 9,975
18,282 18,659
Other trading activities
Purchases 1,418 818
Fund raising costs - 210
Shop rates 875 472
Carried forward 2,293 1,500
----- End of picture text -----

This page does not form part of the statutory financial statements

26

SHALOM HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Other trading activities
Brought forward
Shop insurance
Shop light and heat
Shop rent
Shop repairs and maintenance
Shop sundry expenses
Shop consumables
Shop bank charges
Charitable activities
Wages
Social security
Pensions
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
IT, software and consumables
Counselling sessions
Motor expenses
Legal and professional fees
Depreciation of tangible fixed assets
Support costs
Governance costs
Wages
Social security
Pensions
Independent examiners remuneration
Independent examiners remuneration for
other work
Carried forward		 2022
as
£
2,293
264
940
15,040
6
12
121
211
18,887
98,438
3,919
11,762
2,655
600
661
2,520
182
4,330
1,978
1,872
1,091
1,888
16,546
497
2,081
9,900
2,395
195
14,100
177,610
53,240
3,087
7,550
3,675
1,516
69,068		 2021
restated
£
1,500
249
(376)
10,983
2,138
999
11
96
15,600
102,119
2,545
11,688
1,660
27
4,801
745
267
3,970
3,868
2,537
2,434
2,080
12,410
1,363
1,027
3,700
969
995
14,142
173,347
45,780
2,638
6,153
3,500
4,216
62,287

This page does not form part of the statutory financial statements

27

SHALOM HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
as restated
£ £
Governance costs
Brought forward 69,068 62,287
Rates and water 20 30
Insurance 481 441
Light and heat 220 430
Telephone 208 282
Postage and stationery 121 270
Advertising 295 184
Legal and professional fees 505 11
Sundry expenses 210 231
Repairs and maintenance 1,729 1,379
Cleaning 55 151
IT, software and consumables 231 114
Bank charges - 6
Depreciation of tangible fixed assets 625 9
73,768 65,825
Total resources expended 288,547 273,431
Net expenditure (62,045) (23,514)
----- End of picture text -----

This page does not form part of the statutory financial statements

28

SHALOM HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

----- Start of picture text -----
2022 2021
as restated
£ £
INCOME
Donations 35,860 25,266
-
Legacies 5,000
Fundraising events 1,449 10,878
Shop income 51,653 8,473
Deposit account interest 7 28
Grants 131,405 199,972
Gain on sale of tangible fixed assets - 300
NHS staff bonus 6,128 -
Total incoming resources 226,502 249,917
EXPENDITURE
Consultancy 1,700 9,975
Purchases 1,418 818
Fund raising costs - 210
Shop rates 875 472
Shop insurance 264 249
Shop light and heat 940 (376)
Shop rent 15,040 10,983
Shop repairs and maintenance 6 2,138
Shop sundry expenses 12 999
Shop consumables 121 11
Shop bank charges 211 96
Wages 165,314 155,455
Social security 8,012 5,517
Pensions 21,252 18,635
Advertising 2,950 1,844
Kitchen costs 600 27
Medical & PPE supplies 661 4,801
Travel and subsistence 2,520 745
Rates and water 202 297
Insurance 4,811 4,411
Light and heat 2,198 4,298
Telephone 2,080 2,819
Postage and stationery 1,212 2,704
Sundry expenses 2,098 2,311
Repairs and maintenance 18,275 13,789
Cleaning 552 1,514
IT, software and consumables 2,312 1,141
Counselling sessions 9,900 3,700
Motor expenses 2,395 969
Legal and professional fees 700 1,006
Independent examiner - examination of accounts 3,675 3,500
Independent examiner - other work 1,516 4,216
Bank charges - 6
Depreciation 14,725 14,151
Total resources expended 288,547 273,431
Net income (62,045) (23,514)
----- End of picture text -----

This page does not form part of the statutory financial statements

29