**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 2023**
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 2023**
## **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 26|
|**Detailed statement of financial activities**|27 to 29|
**SHALOM HOUSE**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
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 2023. 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:
- 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**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **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**
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:
- 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.
2
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **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 2023, Shalom House received funding from Hywel Dda University Health Board within the provisions of a Service Level Agreement effective from April 2022.
Following on from the successful respite sessions that were run the previous year we carried on offering respite from April 2022 through till March 2023. We were able to run six more sessions over the financial year. This was partly financed from the activities fund from the health board and from a grant obtained from Enhancing Pembrokeshire. This has also allowed us to continue the sessions into 2023.
We made the decision not to continue with our CIW registration as we felt with the small amount of hospice at home that we provide we would not reach the minimum requirement needed to be registered with them. Our registration has been put on hold and will be reinstated if the situation changes.
Samantha Wilson-Croft as Shalom House's Business Manager, has continued to head 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 work in the garden and the building of a summer house and grants to provide activities to the attendees such as art, pottery and therapies.
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.
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.
3
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **SHALOM HOUSE**
## **Financial review**
## **Financial position**
Total incoming resources for the year amounted to £210,814 (2022: £226,502). Resources expended amount to £300,554 (2022: £288,547). The net deficit for the year before the revaluation of the investment is £89,740 (2022: £62,045). The net deficit for the year after the revaluation of the investment is £105,489 (2022: £67,666).
The total net reserves at the balance sheet date are £647,583 (2022: £753,072). Unrestricted funds total £531,003 (2022: £614,640) and restricted funds total £116,580 (2022: £138,432).
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. Most grants are oversubscribed and difficult to secure. In addition, with the cost of living crisis people have less disposable income to donate to charities.
## **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 2023, the current agreement is £60,000 per annum. We secured additional funding of £10,000 for 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.
## **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. This commissioning model has been talked about for many years and we have been told it will come in by April 2024.
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.
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.
## **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.
4
**SHALOM HOUSE**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **Structure, governance and management**
## **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 J W G Preece Other Members Mrs E M Thomas Dr R P Schofield Miss P Ellis (appointed 15/11/2022, resigned 14/11/2023)
## **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:
- 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**
Oystermouth House Charter Court Phoenix Way Swansea Enterprise Park Swansea West Glamorgan SA7 9FS
5
## **SHALOM HOUSE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **Trustees**
Mr J W G Preece Mrs E M Thomas Dr R P Schofield Mrs B M Caulfield (resigned 15/11/2022) Miss P Ellis (appointed 15/11/2022)
## **Independent Examiner**
Mark Howells FCCA 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 2023.
## **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.
Mark Howells FCCA
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 2023**
**----- Start of picture text -----**
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
Income and endowments from
Donations and legacies 3 47,838 - 47,838 35,860
Charitable activities 6
Care and respite 73,000 6,900 79,900 131,405
Other trading activities 4 73,308 - 73,308 53,102
Investment income 5 70 - 70 7
Other income 7 9,698 - 9,698 6,128
Total 203,914 6,900 210,814 226,502
Expenditure on
Raising funds 8 43,237 600 43,837 37,169
Charitable activities 9
Care and respite 228,565 28,152 256,717 251,378
Total 271,802 28,752 300,554 288,547
-
Net gains/(losses) on investments (15,749) (15,749) (5,621)
NET INCOME/(EXPENDITURE) (83,637) (21,852) (105,489) (67,666)
Reconciliation of funds
Total funds brought forward 614,640 138,432 753,072 820,738
Total funds carried forward 531,003 116,580 647,583 753,072
**----- End of picture text -----**
The notes form part of these financial statements
8
## **SHALOM HOUSE**
## **BALANCE SHEET 31 MARCH 2023**
**----- Start of picture text -----**
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
Fixed assets
Tangible assets 17 256,078 114,380 370,458 382,335
Investments 18 232,905 - 232,905 328,654
488,983 114,380 603,363 710,989
Current assets
Debtors 19 4,735 - 4,735 13,302
Cash at bank and in hand 56,236 2,200 58,436 42,712
60,971 2,200 63,171 56,014
Creditors
Amounts falling due within one year 20 (16,969) - (16,969) (13,931)
Net current assets 44,002 2,200 46,202 42,083
Total assets less current liabilities 532,985 116,580 649,565 753,072
Creditors
Amounts falling due after more than one year 21 (1,982) - (1,982) -
NET ASSETS 531,003 116,580 647,583 753,072
Funds 24
Unrestricted funds:
General fund 365,098 432,986
Fair value reserve 15,905 31,654
Designated contingency fund 150,000 150,000
531,003 614,640
Restricted funds:
Property renovation 107,545 110,685
Capital purchases 9,035 12,247
-
Post Code Community 15,500
116,580 138,432
Total funds 647,583 753,072
**----- 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 2023.
The notes form part of these financial statements
continued...
9
## **SHALOM HOUSE**
## **BALANCE SHEET - continued 31 MARCH 2023**
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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 2023**
## **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':
- the requirements of Section 7 Statement of Cash Flows.
## **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 2023**
## **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 2023**
## **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:
- 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|**2023**
**£**
**38,726**
**9,112**
**47,838**|2022
£
35,860
-
35,860|
|---|---|---|
Income from donations and legacies was wholly attributable to unrestricted funds in 2023 and 2022.
## **4. Other trading activities**
|Fundraising events
Shop income|**2023**
**£**
**6,744**
**66,564**
**73,308**|2022
£
1,449
51,653
53,102|
|---|---|---|
Income from other trading activities was wholly attributable to unrestricted funds in 2023 and 2022.
continued...
13
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **5. Investment income**
|**Investment income**||
|---|---|
|Deposit account interest|**2023**
2022
**£**
£
**70**
7|
|**Income from charitable activities**
Grants|**2023**
2022
Care and
Total
respite
activities
**£**
£
**79,900**
**131,405**|
## **6. Income from charitable activities**
Income from charitable activities was £79,900 (2022: £131,405) of which £6,900 (2022: £25,625) was attributable to restricted funds and £73,000 (2022: £105,780) was attributable to unrestricted funds.
Grants received, included in the above, are as follows:
|Hywel Dda Funding For Palliative Care Services
HMRC Job Retention Scheme
PAVS
WCVA
Post Code Community
HMRC SSP
Macmillan
Milford Haven Port Authority
Albert Hunt Trust
**Other income**
NHS staff bonus
Wales care workers bonus|**2023**
**£**
**70,000**
**-**
**2,500**
**(7,000)**
**-**
**-**
**3,900**
**500**
**10,000**
**79,900**
**2023**
**£**
**-**
**9,698**
**9,698**|2022
£
69,354
1,238
5,800
35,000
19,825
188
-
-
-
131,405
2022
£
6,128
-
6,128|
|---|---|---|
## **7. Other income**
continued...
14
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **8. Raising funds**
## **Raising donations and legacies**
|**Raising donations and legacies**|||
|---|---|---|
|Staff costs
Consultancy fees|**2023**
**£**
**20,510**
**-**|2022
£
16,582
1,700|
||**20,510**|18,282|
|**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|**2023**
**£**
**4,015**
**868**
**324**
**1,074**
**16,360**
**30**
**71**
**312**
**273**|2022
£
1,418
875
264
940
15,040
6
12
121
211|
||**23,327**|18,887|
|Aggregate amounts|**43,837**|37,169|
|**9.**
**Charitable activities costs**
Direct
Costs (see
note 10)
£
Care and respite
**183,687**|Support
costs (see
note 11)
£
**73,030**|Totals
£
**256,717**|
£28,151 (2022: £19,514) of the above costs were attributable to restricted funds. £228,566 (2022: £231,864) 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 2023**
## **10. 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
IT, software and consumables
Counselling sessions
Motor expenses
Legal and professional fees
Patient activities
Depreciation
**Support costs**
Care and respite
Support costs, included in the above, are as follows:
**Governance costs**
Wages
Social security
Pensions
Independent examiners remuneration
Independent examiners remuneration for
other work
Rates and water
Insurance
Light and heat
Carried forward|**2023**
2022
**£**
£
**122,891**
114,119
**246**
2,655
**985**
600
**824**
661
**3,692**
2,520
**457**
182
**4,745**
4,330
**1,273**
1,978
**2,166**
1,872
**823**
1,091
**2,729**
1,888
**5,904**
16,546
**429**
497
**2,099**
2,081
**15,430**
9,900
**3,224**
2,395
**357**
195
**2,256**
-
**13,157**
14,100
**183,687**
177,610
Governance
costs
£
**73,030**
**2023**
2022
Care and
Total
respite
activities
**£**
£
**54,491**
**53,240**
**3,342**
**3,087**
**7,715**
**7,550**
**3,860**
**3,675**
**672**
**1,516**
**51**
**20**
**527**
**481**
**141**
**220**
**70,799**
**69,789**|
|---|---|
## **11. Support costs**
continued...
16
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **11. Support costs - continued**
## **Governance costs - continued**
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|Care and|Total|
|respite|activities|
|£|£|
|Brought forward|70,799|69,789|
|Telephone|241|208|
|Postage and stationery|91|121|
|Advertising|27|295|
|Legal and professional fees|18|505|
|Sundry expenses|303|210|
|Repairs and maintenance|624|1,729|
|Cleaning|48|55|
|IT, software and consumables|233|231|
|Depreciation of tangible fixed assets|625|625|
|Loan interest|21|-|
|73,030|73,768|
**----- End of picture text -----**
## **12. Net income/(expenditure)**
Net income/(expenditure) is stated after charging/(crediting):
**----- Start of picture text -----**
||||
|---|---|---|
|2023|2022|
|£|£|
|Examination of the financial statements|3,860|3,675|
|Other services|672|1,516|
|Depreciation - owned assets|13,783|14,725|
**----- End of picture text -----**
## **13. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
continued...
17
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **14. Staff costs**
|Wages and salaries
Social security costs
Other pension costs|**2023**
**£**
**176,969**
**8,791**
**23,189**
**208,949**|2022
£
165,314
8,012
21,252
194,578|
|---|---|---|
The average monthly number of employees during the year was as follows:
|Care and respite
Administration|**2023**
**9**
**2**
**11**|2022
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 £76,699 (2022: £64,760).
## **15. Comparatives for the statement of financial activities**
|Unrestricted
Restricted
funds
funds
£
£
**Income and endowments from**
Donations and legacies
35,860
-
**Charitable activities**
Care and respite
105,780
25,625
Other trading activities
53,102
-
Investment income
7
-
Other income
6,128
-
**Total**
200,877
25,625
**Expenditure on**
Raising funds
37,169
-
**Charitable activities**
Care and respite
231,864
19,514
**Total**
269,033
19,514
Net gains/(losses) on investments
(5,621)
-
**NET INCOME/(EXPENDITURE)**
(73,777)
6,111|Total
funds
£
35,860
131,405
53,102
7
6,128
226,502
37,169
251,378
288,547
(5,621)
(67,666)|
|---|---|
continued...
18
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
**----- Start of picture text -----**
15. Comparatives for the statement of financial activities - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
Reconciliation of funds
Total funds brought forward
-
As previously reported 682,582 682,582
Prior year adjustment 5,835 132,321 138,156
As restated 688,417 132,321 820,738
Total funds carried forward 614,640 138,432 753,072
16. Independent examiners remuneration
2023 2022
£ £
Examination of the financial statements 3,860 3,675
Other services 672 1,516
4,532 5,191
17. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Cost
At 1 April 2022 453,492 54,078 38,153
Additions - 1,659 -
At 31 March 2023 453,492 55,737 38,153
Depreciation
At 1 April 2022 85,460 50,802 38,153
-
Charge for year 6,070 1,349
At 31 March 2023 91,530 52,151 38,153
Net book value
At 31 March 2023 361,962 3,586 -
At 31 March 2022 368,032 3,276 -
**----- End of picture text -----**
continued...
19
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **17. Tangible fixed assets - continued**
|**Cost**
At 1 April 2022
Additions
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022|Motor
Computer
vehicles
equipment
£
£
**15,995**
**13,075**
**-**
**247**
**15,995**
**13,322**
**7,998**
**10,045**
**3,999**
**2,365**
**11,997**
**12,410**
**3,998**
**912**
7,997
3,030|Totals
£
**574,793**
**1,906**
**576,699**
**192,458**
**13,783**
**206,241**
**370,458**
382,335|
|---|---|---|
Included in cost or valuation of land and buildings is freehold land of £150,000 (2022 - £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.
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 £361,962 (2022: £368,032).
continued...
20
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **18. Fixed asset investments**
|**MARKET VALUE**
At 1 April 2022
Disposals
Revaluations
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022|**Listed**
**investments**
**£**
**328,654**
**(80,000)**
**(15,749)**
**232,905**
**232,905**
328,654|
|---|---|
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.
## **19. Debtors: amounts falling due within one year**
|Other debtors
VAT
Prepayments
**Creditors: amounts falling due within one year**
Other loans (see note 22)
Trade creditors
Social security and other taxes
Pension
Accrued expenses|**2023**
**£**
**-**
**3,599**
**1,136**
**4,735**
**2023**
**£**
**4,639**
**1,532**
**2,454**
**2,121**
**6,223**
**16,969**|2022
£
5,000
6,622
1,680
13,302
2022
£
-
3,208
3,469
-
7,254
13,931|
|---|---|---|
## **20. Creditors: amounts falling due within one year**
continued...
21
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **SHALOM HOUSE**
**----- Start of picture text -----**
21. Creditors: amounts falling due after more than one year
2023 2022
£ £
-
Other loans (see note 22) 1,982
22. Loans
An analysis of the maturity of loans is given below:
2023 2022
£ £
Amounts falling due within one year on demand:
Other loans 4,639 -
Amounts falling between one and two years:
Other loans 1,982 -
23. Leasing agreements
Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 9,800 14,600
-
Between one and five years 4,800
9,800 19,400
**----- End of picture text -----**
Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £9,800 (2022: £19,400).
continued...
22
## **SHALOM HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **24. Movement in funds**
|**Unrestricted funds**
General fund
Fair value reserve
Designated contingency fund
**Restricted funds**
Property renovation
Capital purchases
Post Code Community
**TOTAL FUNDS**
Net movement in funds, included in the above are
**Unrestricted funds**
General fund
Fair value reserve
**Restricted funds**
Care and respite
Property renovation
Capital purchases
Post Code Community
**TOTAL FUNDS**|Net
movement
At
At 1.4.22
in funds
31.3.23
£
£
£
**432,986**
**(67,888)**
**365,098**
**31,654**
**(15,749)**
**15,905**
**150,000**
**-**
**150,000**
**614,640**
**(83,637)**
**531,003**
**110,685**
**(3,140)**
**107,545**
**12,247**
**(3,212)**
**9,035**
**15,500**
**(15,500)**
**-**
**138,432**
**(21,852)**
**116,580**
**753,072**
**(105,489)**
**647,583**
as follows:
Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
**203,914**
**(271,802)**
**-**
**(67,888)**
**-**
**-**
**(15,749)**
**(15,749)**
**203,914**
**(271,802)**
**(15,749)**
**(83,637)**
**3,654**
**(3,654)**
**-**
**-**
**-**
**(3,140)**
**-**
**(3,140)**
**3,246**
**(6,458)**
**-**
**(3,212)**
**-**
**(15,500)**
**-**
**(15,500)**
**6,900**
**(28,752)**
**-**
**(21,852)**
**210,814**
**(300,554)**
**(15,749)**
**(105,489)**|
|---|---|
continued...
23
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **SHALOM HOUSE**
## **24. Movement in funds - continued**
## **Comparatives for 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|
|---|---|---|
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
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)|
|---|---|---|
continued...
24
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **SHALOM HOUSE**
## **24. Movement in funds - continued**
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
**TOTAL FUNDS**|Prior
Net
year
movement
At 1.4.21
adjustment
in funds
£
£
£
495,307
5,835
(136,044)
37,275
-
(21,370)
150,000
-
-
682,582
5,835
(157,414)
-
113,825
(6,280)
-
18,496
(9,461)
-
132,321
(15,741)
682,582
138,156
(173,155)|At
31.3.23
£
365,098
15,905
150,000
531,003
107,545
9,035
116,580
647,583|
|---|---|---|
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
£
£
404,791
(540,835)
-
-
404,791
(540,835)
9,454
(9,454)
-
(6,280)
3,246
(12,707)
19,825
(19,825)
32,525
(48,266)
437,316
(589,101)|Gains and
Movement
losses
in funds
£
£
-
(136,044)
(21,370)
(21,370)
(21,370)
(157,414)
-
-
-
(6,280)
-
(9,461)
-
-
-
(15,741)
(21,370)
(173,155)|
|---|---|---|
continued...
25
**SHALOM HOUSE**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **25. 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 £23,189 (2022: £21,252).
## **26. Contingent liabilities**
It was discovered during the independent examination of the accounts for this year and following a smart gas meter being installed at the home in 2021, that no bills have been received since then due to a fault where the meter was sending zero readings.
This is currently being investigated and there is likely to be a charge made by the supplier for the gas usage during this period. The amount of this liability cannot be determined due to the faulty meter. The resulting liability will be accounted for once known and accepted.
## **27. Related party disclosures**
There were no related party transactions for the year ended 31 March 2023.
## **28. Ultimate controlling party**
The ultimate controlling party is the board of trustees.
26
## **SHALOM HOUSE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
**----- Start of picture text -----**
2023 2022
£ £
Income and endowments
Donations and legacies
Donations 38,726 35,860
-
Legacies 9,112
47,838 35,860
Other trading activities
Fundraising events 6,744 1,449
Shop income 66,564 51,653
73,308 53,102
Investment income
Deposit account interest 70 7
Charitable activities
Grants 79,900 131,405
Other income
NHS staff bonus - 6,128
Wales care workers bonus 9,698 -
9,698 6,128
Total incoming resources 210,814 226,502
Expenditure
Raising donations and legacies
Wages 16,943 13,636
Social security 1,147 1,006
Pensions 2,420 1,940
-
Consultancy fees 1,700
20,510 18,282
Other trading activities
Purchases 1,704 1,418
-
Fund raising costs 2,311
Shop rates 868 875
Shop insurance 324 264
Carried forward 5,207 2,557
**----- End of picture text -----**
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 2023**
|**Other trading activities**
Brought forward
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
Patient activities
Depreciation of tangible fixed assets
**Support costs**
**Governance costs**
Wages
Social security
Pensions
Independent examiners remuneration
Independent examiners remuneration for
other work
Carried forward|2023
£
**5,207**
**1,074**
**16,360**
**30**
**71**
**312**
**273**
**23,327**
**105,535**
**4,302**
**13,054**
**246**
**985**
**824**
**3,692**
**457**
**4,745**
**1,273**
**2,166**
**823**
**2,729**
**5,904**
**429**
**2,099**
**15,430**
**3,224**
**357**
**2,256**
**13,157**
**183,687**
**54,491**
**3,342**
**7,715**
**3,860**
**672**
**70,080**|2022
£
2,557
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|
|---|---|---|
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 2023**
**----- Start of picture text -----**
2023 2022
£ £
Governance costs
Brought forward 70,080 69,068
Rates and water 51 20
Insurance 527 481
Light and heat 141 220
Telephone 241 208
Postage and stationery 91 121
Advertising 27 295
Legal and professional fees 18 505
Sundry expenses 303 210
Repairs and maintenance 624 1,729
Cleaning 48 55
IT, software and consumables 233 231
Depreciation of tangible fixed assets 625 625
Loan interest 21 -
73,030 73,768
Total resources expended 300,554 288,547
Net expenditure (89,740) (62,045)
**----- End of picture text -----**
This page does not form part of the statutory financial statements
29
**SHALOM HOUSE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
**----- Start of picture text -----**
2023 2022
£ £
INCOME
Donations 38,726 35,860
-
Legacies 9,112
Fundraising events 6,744 1,449
Shop income 66,564 51,653
Deposit account interest 70 7
Grants 79,900 131,405
Other income 9,698 6,128
Total incoming resources 210,814 226,502
EXPENDITURE
-
Consultancy 1,700
Purchases 1,704 1,418
-
Fund raising costs 2,311
Shop rates 868 875
Shop insurance 324 264
Shop light and heat 1,074 940
Shop rent 16,360 15,040
Shop repairs and maintenance 30 6
Shop sundry expenses 71 12
Shop consumables 312 121
Shop bank charges 273 211
Wages 176,969 165,314
Social security 8,791 8,012
Pensions 23,189 21,252
Advertising 273 2,950
Kitchen costs 985 600
Medical & PPE supplies 824 661
Travel and subsistence 3,692 2,520
Rates and water 508 202
Insurance 5,272 4,811
Light and heat 1,414 2,198
Telephone 2,407 2,080
Postage and stationery 914 1,212
Sundry expenses 3,032 2,098
Repairs and maintenance 6,528 18,275
Cleaning 477 552
IT, software and consumables 2,332 2,312
Counselling sessions 15,430 9,900
Motor expenses 3,224 2,395
Legal and professional fees 375 700
Patient activities 2,256 -
Independent examiner - examination of accounts 3,860 3,675
Independent examiner - other work 672 1,516
Depreciation 13,782 14,725
Loan interest 21 -
Total resources expended 300,554 288,547
Net income (89,740) (62,045)
**----- End of picture text -----**
This page does not form part of the statutory financial statements
30