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 2024 Carr, Jenkins & Hood 3 New Mill Court Enterprise Park Swansea SA7 9F6
SHALOM HOUSE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report ot the trustees Independent examlner's report Statement of flnan¢lal activltles Balance sheet 9 to 10 Notes to the financial ststements 11 to 25 Detalled statement of financial activfties 26 to 28
SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purpose5 of the Companie5 Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. 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 IFRS 102) (effective l January 20191. The report of the trustees also incorporates a directors, report as required by company law. Objertives and artivities Objertives 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-limitin8 diseases) in an environment of tranquillity and support. The aims of Shalom House are.. To provide day care and re5Plte to patients and carers. ultimately to contribute to a possible redurtionlprevention 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 palllative 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, holistlt palli3tive 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 volunteer5 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 thelr loved ones and ultimately to support them through bereavement.
SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Objectives and activities Ethos and Phllosophy 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 15 a natural end point of life's winning pathway and can occur with love and dignity. Shalom expresses peace, which 15 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 patient5 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 safeguardin8 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. Publk benefit In setting Shalom House's objective5 and aim5 and in planning their attivities, the Trustees have given careful consideration to the Charitie5 Commission's general guidance on public benefit. Shalom's key objectives for the year included.. to continue to develop daytirne 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 termlnally ill and their families throughout Pembrokeshire- to develop and promote the awarene55 of GP'S and other health professionals to the services provided: to increase the range and ease of access to Shalom House 5ervice5 across Pembrokeshire: to employ appropriately experienced stsff to manage and deliver the service and to develop their trainin8 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 Inspertorate Wales IHIWI: to increase fundraising from charitable and grant sources to 5UPPOrt Shalom's activities and to continue to develop the hospice shops for the purpose of income and developing public awarene55 of the work of Shalom House.
SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Achlevement and performance Charitable actlvitles 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 up to 11 patients per day. Monday to Friday. Alongside the traditional day care support we provide activities and counselling. During the year ending 31 March 2024, Shalom House received funding from Hywel Dda University Health Board Wlthin the provisions of a Service Level Agreement effective from April 2022. Respite continued over the year. We were able to run six more sessions over the financial year. This was partly financed from the adivitie5 fund from the health board and from a grant obtained from Enhancing Pembrokeshire. This has also allowed us to continue the sessions into the remainder of 2024 and the stsrt of 2025. We are registered with HIW. During August 2023 we had an inspection from HIW. There were a few recommendations, however, the majority of the feedback was positive. Sam Wilson-croft, Shalom House's Business Manager, has continued to head up all fundraisin& volunteering, grants. and business aspects. Over the year we have set up regular quizzes in St Davids. We have attended summer fetes, Christmas fetes and any many others events over the year that raise awarene55 of Shalom House. We have run a year of fundraising with various events such as an Easter Fair and a Twmpath. Sam has also, with the help of the team. secured grants this year for our team of counsellors to continue their essential work for the next two years. Donna continues her essential work as Registered Care Manager. Overseeing the high standards the team achleve. The mana8ement team are sUPPOrted by reglstered nurses. health care a55i5tants (registered with Social Care Wales), a small bank staff team of nurses and healthcare a55i5tants. administrator. house volunteers. shop volunteers and volunteer drivers. In house patient satisfartlon surveys have rated the service at Shalom House IOO%+ throu8hout the year. We continue to monitor our activitles Closely. responding to suggested changes where feasible and appropriate. nk5 continue to be forged with the health board and the new Palliative Care Consultant at Withybush General H05Pltal and the wider Palliative Strategic Forum for Hywel Dda along with our partners in the third sector. Shalom House nurses continue to attend MDT meetin8S Wlth the local GP practice5. 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 fijndraising initiatives. We have worked hard to develop better links with the local community. We continue to use our wheelchair acce55ible 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.
SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Flnancial revlew Financial position Total incoming resources for the year amounted to £2221,782 12023: £213.814}. Resources expended amount to £311,86312023'. £301.304}. The net deficit for the year before the revaluation of the investment is £90,081 12023: £87,490). The net deficit for the year after the revaluation of the investment is £79,190 (2023: £102,239). The total net reserves at the balance sheet date are £570,643 12023- £649,833). Unrestricted funds total £461,903 12023.. £533,253) and restricted funds total £108,74012023.. £116,580). Shalom House is operating against a batkgroltnd of tontinually rising costs, espetially payroll related, and increasing competition for donated and other charitable funds. In a world where the cost of living is Constantly increasin& fundraising becomes MO difficult. Most grants are oversubscribed and difflcLFlt to secu. In addition, with the cost of living crisis people have less disposable income to donate to charities. Prlnclpal fvnding SoUrS The charity's principal source of funds is through the SeNice Level Agreement with Hywel Dda Local Health Board. The Service Level Agreement for the year ended 31 March 2024, the current agreement is £60,000 per annum. We secured additional fundin8 of £10,000 for respite services. ReseTve5 poIIcy 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 £S0.000 has been ringfenced as a designated contingency reserve. This is broadly equivalent to between 2 and 3 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 commissloning model provides no guarantees for future fundin& rendering longer term strategic planning difficult. It is envlsaged that the proposed commission model may not contain a model that fits Shalom House. Donna is heading up a Non-commissioned Hospice group to ensure that we have a voice in the planning. Review on the future of Shalom is a constant agenda point, involving all Trustees and the team. The respite sessions are something we intend to continue to offer in the future, subject to funding. 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. In The last year we have started a Save Shalom Campaign in order to try and ensure that Shalom House has a future. It is the intention of the Trustees. as current guardians of the le8acy of Shalom House, to strive to maintain relevant and effective support services, within the framework of a planned income generation poliry. Structure. governance and management Governing document Shalom House is controlled by its governing document. the Memorandum and Articles of Association and is a limlted 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. Recfultment and appolntment of new trustee5 Trustees are appointed at the Annual General Meeting. They are recfulted through contact with other trustees and through charitable events.
SHALOM HOUSE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Strurturel governance and management Organlsatlonal 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 activitles 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 Other Members Mrj W G Preece Mrs E M Thomas Dr R P Schofield Miss P Ellis Iresigned 30106120231 Mrs E Clift (appointed 14111120231 Mr B Mathias lappointed 14111120231 Indurt40n 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 las 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 materiali5e. Refereno and administrative detalls Registered Company number 05437976 (England and Wales) Re8lstered Charlty number 1117564 Registered office 3 New Mill Court Enterprise Park Swansea SA7 9FG
SHALOM HOUSE REPORT OF THE TRUSTEE5 FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mr J W G pree Trustee Mrs E M Thomas Trustee Dr R P Schofield Trustee Miss P Ellis Iresi8ned 3016120231 Mfs E W D Clift Trustee lappointed 14111120231 Mr 8 J Mathias Trustee (appointed 14111120231 Independent Examiner Mark Howe115 FCCA Carr. Jenkins & Hood 3 New Mill Court Enterprise Park Swansea SA7 9FG 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- MrJ G Preece- Trustee
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF SHALOM HOUSE Independent examiner's report to the trustees of Shalom House I'the Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eliglble 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 I'the 2011 Art'l. In carrying out my examination I have followed the D1ctionS given by the Charity Commission under section 145151 Ib} of the 2011 Act. Independent examlner'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:_ accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or the accounts do not accord with those records- or 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 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 IFRS 10211. 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 3 New Mill Court Enterprise Park Swansea SA7 9FG Date: .................................-,..........
SHALOM HOUSE STATEMENT OF FINANCIAL AcfiviTIES {INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds funds Notes Income and endowments from Donations and legacies 50,838 Charltable actlvltles Care and respite 70.1(KI 32,780 102,880 79.900 Other trading artivities Investment income Other income 83,908 414 83.908 414 73.308 70 9.698 Total 189.002 32,780 221,782 213,814 Expenditure on Raising funds 46,470 46.470 43,837 Charitable activbties Care and re5Plte 224,773 40,620 265,393 257,467 Totsl 271,243 40.620 311.863 301,304 Net gains1llosses} on investments 10,891 10,891 115.7491 NEf INCOME/IEXPENDITURE) (71.350) 17.840) (79.190) 1103,2391 Re¢on¢lllatlon of funds Total funds brought forward 533.253 116.580 649,833 753,072 Totsl fvnds carried forward 461,903 108.740 570.643 649,833 The notes form part of these financial statements
SHALOM HOUSE BALANCE SHEET 31 MARCH 2024 2024 Totsl funds 2023 Total funds Unrestricted Restricted funds funds Notes Flxed assets Tangible assets Investments 17 18 254,840 190.095 106,540 361,380 190,095 372,708 232,905 444.935 106,540 551A75 605.613 Current assets Debtors Cash at bank and in hand 19 5,544 37,392 4,735 58,436 35,192 2,200 40.736 2,200 42,936 63.171 Credltors Amounts falling due within one year 20 123,768) 123,7681 116,9691 Net current assets 16,968 2,200 19.168 46,202 Total B55ets less current liabilitles 461.903 108.740 570.643 651,815 Creditor5 Amounts falling due after more than one year 21 11,9821 NEf ASSETS 461.903 108,740 570,643 649,833 Funds Unrestricted funds: General fund Fair v31ue reserve Designated contingency fund 24 385,107 26.796 367,348 15.905 150.000 461,903 533,253 Restricted funds: Property renovation Capital purchases 104,405 4,335 107.545 9,035 108,740 116,580 Total funds 570,643 649,833 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The notes form part of these financial statements continued...
SHALOM HOUSE BALANCE SHEET- continued 31 MARCH 2024 The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2CKJ6. The trustees acknowledge thelr responsibilities for (al ensuring that the charitable company keeps accountin8 records that comply with Sections 386 and 387 of the Companies Act 2(K)6 and 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 2CQ6 relating to financial statements, so far as applicable to the charitable company. Ibl These financial statements have been prepared in accordance with the provisions applicable to charitable tompanies subject to the small companies regime. The fin nci statements were approved by the Board of Trustees and authorised for issue . and were signed on its behalf by- on J W G Preece- Trustee The notes form part of these financial statements io
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 statOry information Shalom House is a private company, limited by guarantee without share capital. registered in England and Wales. The giStered office address can be found in the report of the trustees. 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 IFRS 1021 'Accounting and Reporting by Charitie5: 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 1021 (effective l 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. Golng con¢em 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 15 sufficient with the level of reserves for the charity to be able to continue as a going concern. Financial reporting standard 102- reduced disclosure exemptlons The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: the requirement5 of Section 7 Statement of Cash Flows. Income All incomÈ is recognised in the Statement of Flnantlal 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 ¢an be measured reliabSy. 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 15 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 15 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. li continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies- continued Expendlture Liabilities are recognised as expenditu 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 tannot be directly attributed to particular headings they have been allocated to act5Vities 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: Freehold land Freehold property Plant and machinery Fixtures, fittings and equipment Computer equipment - Freehold land is not depreclated - 50 years straight line - S years straight line 7 to 10 year5 Straight Ilne 3 years straight line Taxatlon Shalom House is an eyempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the test5 set out in Paragraph I Schedule 6 Finance Art 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 discretlon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrittion5 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 fund5 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 discount5 due. Pension costs and other post-retlrement beneffts The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial ActivÉties in the period to which they relate. 12 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 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 rulin8 at the date of transattion. Exchange differences are taken into account in arriving at the operating result. Flnanclal 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 share5 a measured: At fair value with changes recognised in Ststement 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. Donations and legades 2024 2023 Donation5 Legacie5 34.580 41.726 9,112 34,580 50,838 Income from donations and legacies was wholly attributable to unrestricted funds in 2023 and 2022. Other tradlng artlvities 2024 2023 Fundraising events Shop income 8,221 75,687 6,744 66,564 83,908 73,308 Income from other trading activities was wholly attributable to unrestricted funds in 2023 and 2022. 13 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 Investment Income 2024 2023 Deposit account Inte$t 414 70 Income from charitable artivities 2024 Care and respite 2023 Total activities Grants 102,880 Income from charitable activities was £102,880 12023: £79.900) of which £32,780 12023: £6,900) was attributable to restricted funds and £70,10012023'. £73.0001 wa5 attributsble to unrestrirted funds. Grants received, included in the above. are as follows.. 2024 2023 Hywel Dda Funding For Palliative Care Services PAVS WCVA National Lottery Macmillan Milford Haven Port Authority Albert Hunt Trust CAF South Hook LNG Pembrokeshire Council Solva Edge Festival 70,000 70,0 2,500 17,0001 9,050 3.9 500 10,000 loo 5,000 15,596 634 102.880 79.900 Other Income 2024 2023 Wales care workers bonus 9,698 14 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 Ralslng funds Raising donations and legacies 2024 2023 Staff costs 24,317 20,510 Other tradlng actlvltles 2024 2023 Purchases Shop rates Shop insurance Shop light and heat Shop rent Shop repairs and maintenance Shop sundry expenses Shop consumables Shop bank charges 2.777 961 299 4,015 868 324 1.074 16,360 30 71 312 273 439 291 22,153 23,327 Aggregate amounts 46A70 43.837 Charitable artivities costs Direct Costs (see note 10) Support costs Isee note 111 Totals Care and respite 182.984 82,409 265,393 £40,620 {2023- £28,151) of the above costs were attributable to restricted funds. £225.60412023: £229,316) of the above costs were attributable to unrestricted funds. 15 continued.
SHALOM HOUSE NOTE5 TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 io. Direct costs of charitable actlvltles 2024 2023 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 I2026 122.891 246 985 824 3,692 457 4,745 1,273 2,166 823 2,729 5.904 429 2.099 15,430 3,224 357 2,256 13,907 1,395 1,692 4,722 9,185 2,364 478 2,320 2,963 470 1,969 12,820 3,997 1,987 13.624 182,984 184,437 ii. Support costs Governance costs Care and respite 82,409 Support costs. Included in the above, are as follows.. Governance Costs 2024 Care and respite 2023 Total activities Wages Social security Pensions Independent examiners remuneration Independent examiners remuneration for other work Rates and water Insurance Light and heat 61,233 3,087 8,505 4,050 54N91 3,342 7,715 3,860 672 87 525 1,021 672 51 527 141 Carried forward 79,180 70.799 16 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 ii. Support costs- continued Governance costs- contlnued 2024 Care and respite 2023 Total activities Brought forward Telephone Postage and stationery Advertising Legal and professional fees Sundry expenses Repairs and maintenance Cleaning IT. software and consumables Depreciation of tangible fixed assets Loan interest 79,180 263 53 70,799 241 91 27 18 303 624 1,846 258 329 52 219 233 625 21 161 82,409 73,030 12. Net income/lexpenditure} Net incomellexpenditurel is Stated after charging/lcreditingl'. Z024 2023 Examination of the financial statements Other services Depreciation - owned assets 4,050 672 13,625 3.860 672 14,533 13. Trustees, remuneration and beneflts There were no trustees, remuneration or other benefit5 for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. 17 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2024 14. stsff costs 2024 2023 Wages and salafies Social security costs Other pension costs I3479 8,137 24.952 176,969 8.791 23,189 217,968 208,949 The average monthly number of employees during the year was as follows.. 2024 io 2023 Care and respite Administration 12 li No employees received emoluments in excess of £60,000. The total employee benefits of the key management personnel of the charity were £64,72512023: £76.699). 15. Comparatlves for the statement of financial actlvV£les Unrestricted Restricted funds funds Total funds Income and endowrnents from Donations and legacies 50.838 50.838 Charitable artivities Care and respite 73.000 6,900 79.9IXI Other trading activities Investment income Other Income 73,308 70 9,698 73,308 70 9,698 Totsl 206,914 6,900 213.814 Expenditure on Raising funds 43,237 43,837 Charitable activities Care and respite 229,315 28,152 257,467 Total 272.552 28,752 301,304 Net Eainsll1055es1 on investments 115.7491 115,7491 NET INCOME/IEXPENDtruREI 181.3871 121.8521 {103,239} 18 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 15. Comparatives for the statement of financial actbVities- continued Unrestricted Restricted funds funds Total funds Reconciliatlon of funds Total funds brought forward 614,640 138,432 753,072 Totsl funds ¢arrled forward 533,253 116,580 649,833 16. Independent examiners remuneratlon 2024 2023 Examination of the financial statements Other services 4,050 672 3,860 672 4,722 4.532 17. Tanglble fixed assets Fixtures and fittings Freehold property Plant and machinery Cost At l April 2023 Additions 453092 55.738 2,034 38,153 At 31 March 2024 453.492 57.772 38.153 Depreciation At l April 2023 Charge for year 91,530 6,070 52,151 1,889 38,153 At 31 March 2024 97,600 38,153 Net book value At 31 March 2024 355,892 3.732 At 31 March 2023 361.962 3,587 19 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMEHfs - contlnued FOR THE YEAR ENDED 31 MARCH 2024 17. Tanglble flxed assets- contlnued Motor vehicles Computer equipment Totals Cost At l April 2023 Additions 18.995 13,322 261 579,700 2,295 At 31 March 2024 18,995 13,583 581,995 Depre¢latlon At l April 2023 Charge for year Il746 4,749 12,410 917 206,990 13.625 At 31 March 2024 17,495 13,327 220,615 Net book value At 31 March 2024 1,500 256 361380 At 31 March 2023 6.249 912 372.710 Included in cost or valuation of land and buildings is freehold land of £150,00012023 £150.OCQI 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'5 accounts. When the charity commenced activitie5 on l July 2007. the premises were revalued due to the substantial amount of renovation work undertaken. Land has been valued by the Trustees at £150,0 and has not been depreciated. The property was valued at E425,000 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 £355.89212023'. £361.9621. 20 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 18. Flxed asset Investments Listed Investments MARKEf VALUE At l April 2023 Disposals Revaluations 232,904 {53,700) 10,891 190.095 BOOK VALUE At 31 March 2024 190,095 At 31 March 2023 232,904 There were no investment assets outside the UK. The fair value of listed investments is determined by referen¢e to quoted price for identical assets in an active market at the balance sheet date. 19. Debtors: amount5 falling due wfthin one year 2024 2023 VAT Prepayments 3,599 1.136 4,735 20. Creditors: amounts falling due wlthin one year 2024 2023 Other loans (see note 221 Trade creditors Social security and other taxes Pension Accrued expenses 1,982 11,684 2,177 Z,092 5,833 4,639 1.532 2.454 2,121 6.223 23,768 16.969 21 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 21. Credltors: amounts falllng due after more than one year 2024 2023 Other loans Isee note 221 1,982 22. Loans An analysis of the maturity of loans is given below: 2024 2023 Amounts falling due within one year on demand.. Other loans 1,982 4.639 Amounts falling between one and two years: Other loans 1,982 23. Leaslng agreements Minimum lease payments under non-cancellable operating leases fall due as follows: Z024 2023 Within one year 9,800 Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £9,80012023: £9.8C4)1. Movement In funds Net movement in funds Transfers between funds At 31.3.24 At 1.4,23 Unrestrirted funds General fund Fair value reserve Designated contingency fund 367,348 15.905 150,(100 (82,241) 10,891 100,000 385,107 26,796 50,IXKI 11.000) 533,253 (71.350) 461,903 Restrlcted funds Property renovation Capital purchases 107,545 9,035 (3,140) (4,700) 104A05 4,335 116,580 17,840) 108,740 TOTAL FUND5 649,833 179.190) 570,643 22 continued..-
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 24. Movement In funds- contlnued Net movement in funds. included in the above are as follows: Incoming resources Resources expended Gains and Movement losses in funds Unrestricted funds General fund Fair value reserve 189,002 {271,243} 182.2411 lo91 10,891 189,002 (271,2431 10,891 171,3501 Restricted funds Property renovation Capital purchase5 Patient Activities Respite Counsellors 13,140} 15,3341 {7,500} (15,596) 19,050} 13,140) (4,7001 634 7,500 15.596 9,050 32,780 140.620) (7.840) TOTAL FUNDS 221,782 {311,863) 10,891 {79,1901 Comparatives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestrlrted funds General fund Fair value reserve Designated contingency fund 432,986 31.654 150.0(YJ 165,6381 115,7491 367,348 15,905 150,000 614.640 181,387) 533.253 Restrirted funds Property renovation Capital purchases Post Code Community 110,685 12,247 15,51J) 13,1401 13.2121 115,500) 107.545 9.035 138,432 121,852) 116.580 TOTAL FUNDS 753,072 1103,2391 649,833 23 continued...
SHALOM HOUSE NOTE5 TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 24. Movement In funds- contlnued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and Movement losses in funds Unrestricted funds General fund Fair value reserve 206.914 1272,5521 165.6381 115,7491 115,7491 206,914 1272,5521 115,7491 181.3871 Restricted funds Care and respite Property renovation Capital purchases Post Code Community 3,654 13,6541 13,1401 16,4581 115,5001 {3,1401 {3,212) 115,5001 3,246 6,900 128,7521 121,8521 TOTAL FUNDS 213,814 1301,304} 115.7491 1103,2391 A current year 12 months and prior year 12 months combined position 15 a5 follows.. Net movement in funds Transfers between funds At 31.3.24 At 1.4.22 Unrestricted funds General fund Fair value reserve Designated contingency fund 432,986 31,654 150,000 1147.879) 14,8581 loo,000 385,107 26,796 50,000 iioo,0001 614,640 1152,7371 461,903 Re5trirted fvnds Property renovation Capital purchases Post Code Community 110,685 12.247 15.5C 16,2801 {7,9121 {15,51)01 104,405 4.335 138,432 129,692) 108.740 TOTAL FUNDS 753,072 1182,429} 570,643 24 continued...
SHALOM HOUSE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 24. Movement In funds- contlnued A current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows: Incoming resources Resources expended Gains and Movement losses in funds Unrestricted funds General fund Fair value reserve 395,916 1543,795) 1147,8791 14,8581 14,8581 395,916 1543,7951 14,8581 1152.7371 Restrlrted funds Care and respite Property renovation Capital purchases Post Code Community Patient Activities Respite Counsellors 3,654 13,6541 16,2801 {11,7921 115,5001 17,5001 115,5961 19,0501 16,2801 17.9121 115.5(NJl 3,880 7,5( 15,596 9,050 39,680 169,3721 129,692} TOTAL FUNDS 435,596 1613,1671 14.8581 1182,4291 25. Employee benefit obligation5 The charity operates a defined contribution pension scheme. The assets of the scheme are held separatelv from those of the charity in independently administered funds. The pension costs charge represents ontributions payable by the charity to those fund5 and amounted to £24.95212023: £23,189). 26. Related party disclosures There were no related party transactions for the year ended 31 March 2024. 27. Ultlmate controlling party The ultimate controlling party is the board of trustees. 25
SHALOM HOUSE DETAILED STATEMENT OF FINANCIAL AcfNITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Income and endowments Donations and legacies Donations Legacies 41,726 9,112 34,580 50,838 Other tradln8 artlvltles Fundraising events Shop income 8.221 75.687 6,744 66,564 83.908 73,308 Investment Income Deposit account interest 414 70 Chariiable activities Grants 102,880 79,900 Other income Wales care workers bonu5 9,698 Totsl Incomlng resources 221,782 213,814 Expendlture Ralslng donations and128acies Wages Social security Pensions 20.290 1.175 2.852 16,943 1,147 2,420 24,317 20,510 Other tradlng actlvlties Purchases Fund raising costs Shop rates Shop insurance Shop light and heat Shop rent Shop repairs and maintenance Shop sundry expenses Carrled forward 2.325 452 961 299 2,342 14,81KI 204 1,704 2,311 868 324 1,074 16,360 30 71 22,742 21,423 This page does not form part of the statutory financial statements 26
SHALOM HOUSE DEfAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Other trading actlvltles Brought forward Shop consumables Shop bank charges 21,423 439 291 22,742 312 273 22,153 23,327 Charitable activitles Wages Social security Pensions Advertising Kitchen costs Medical & PPE supplie5 Travel and sub515tence 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 tsngible fixed assets 103,356 3,875 13,595 105,535 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 13.907 1,395 1,692 4.722 9,185 2.364 478 2,320 2,963 470 1.969 12.820 3,997 1,987 13,624 182.984 184,437 Support ¢osts Governance costs Wages Social security Pensions Independent examiners remuneration Independent examiners remuneration for other work Rates and water Insurance Light and heat Telephone Carried forward 61,233 3,087 8,505 4,050 54,491 3,342 7,715 3.860 672 87 525 1,021 263 79.443 672 51 527 141 241 71.040 This page does not form part of the Statutory financial statements 27
SHALOM HOUSE DEfAILED STATEMENT OF FINANCIAL AcfiviTIE5 FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Governance costs 8rought forward Postage and stationery Advertising Legal and professional fees Sundry expenses Repairs and maintenance Cleaning tT, software and consumables Depreciation of tangible fixed assets Loan interest 79,443 53 71.040 91 27 18 303 624 48 233 625 21 Z58 3Z9 52 219 161 73,030 Total resources expended 311,863 301,304 Net expendlture {90,0811 {87,4901 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 2024 2024 2023 INCOME Donations Legacies Fundraising events Shop income Deposit account interest Grants Other income 34.580 41.726 9.112 6,744 66.564 70 79,900 9,698 8.221 75,687 414 102.880 Total Incomlng resources 221,782 213,814 EXPENDtruRE Purchases Fund raising costs Shop rates Shop insurance Shop light and heat Shop rent Shop repairs and maintenance Shop sundry expenses Shop consumables Shop bank charges Wages Social security Pensions Advertising Kitchen costs Medical & PPE 5upplie5 Travel and subsistence Rates and water Insurance Light and heat Telephone Postage and stationery Sundry expenses Repair5 and maintenance Cleaning IT, SOfare and consumables Counselllng sessions Motor expenses Legal and professional fees Patient artivities Independent examiner- examination of accounts Independent examlner- other work Depreciation Loan interest 2,325 452 961 299 2.342 14.800 204 1,704 2,311 868 324 1.074 16,360 30 71 312 273 176,969 8,791 23,189 273 985 824 3,692 508 5,272 1,414 2,407 914 3,032 6,528 477 2.332 15,430 3.224 375 2,256 3,860 672 14,532 21 439 291 184.879 8.137 24.952 1.395 1.384 1.692 875 5.247 10.206 2.627 531 2.578 3.292 522 2,188 12,820 3.997 1,846 1.987 4.050 672 13,624 161 Total resources expended 311,863 301.304 Net expendlture (90,0811 187,4901 This page does not form part ofthe statutory financial statements 29