## |||Page|Page|| |---|---|---|---|---| |Rcport ofthe Trustees||I|to|5| |Report ofthe Independent
Auditors||6|to|9| |Statement of Financial Activities|||10|| |Balance Sheet||||| |Cash Flow Statement|||12|| |Notes to the Cash Flow Statement|||13|| |Notes to the Financial Statements||14|to|26| |Detailed Statement ofFinancial|Activities|27|to|28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||WOKING HOMES|WOKING HOMES|WOKING HOMES|WOKING HOMES||| |---|---|---|---|---|---|---| ||STATEMENT OF FINANCIAL ACTIVITIES|||||| |INCORPORATING||AN INCOME AND EXPENDITURE ACCOUNT||||| ||for the
ear ended 31stMarch 2022|||||| ||||||2022|2021| |||Unrestricted|Restricted|Endowment|Total|Total| |||funds|funds|fund|funds|funds| ||Notes|I,||||| |INCOME AND||||||| |ENDOWMENTS I'ROM||||||| |Donations
and legacies|2|19,448|||19,448|18,526| |Charitable
activities|5|||||| |Provision ofcare||1,509,299|||1,509,299|1,720,726| |Other trading
activities|3|24,125|||24,125|27,869| |Investment
income|4|366,099|||366,099|287,225| |Other income|6|98 295|||98295|146,607| |Total||2,017,266|||2,017,266|2,200,953| |EXPENDITURE ON||||||| |Raising funds|7|88,905|||88,905|67,610| |Charitable
activities||||||| |Provision ofcare||868,781|||868,781|873,659| |Catering setvices
Household
services||287,667
297,507|||287,667
297,507|298,629
301,362| |Property & equipment
maintenance||246,590|||246,590|172,522| |Vehicle running
costs||28,227|||28,227|30,009| |Support costs
Other expenditure||307,233
140,500|||307,233
140,500|298,475
135,156| |Total||2,265,410|||2,265,410|2,177,422| |Net gains on investments||676 664|||676 664|I 689,110| |NKT INCOME||428,520|||428,520|1,712,641| |RECONCILIATION|OF|||||| |FUNDS||||||| |Total funds brought|forward|17,030,044||24,100|17,054,144|15,341,503| |TOTAL FUNDS CARRIED
FORWARD||17458.564||24100|17482,664|17,054144| ## ||WOKING HOMES||| |---|---|---|---| ||BALANCE SHEET||| ||31stMarch 2022||| |||2022|2021| ||Notes||| |FIXEDASSETS|||| |Tangible assets|14|5,108,690|5,087,637| |Investments
Investments|15|8,471,022|8,141,583| |Investment
property|16|3 880000|3 635 000| |||17,459,712|16,864,220| |CURRENT ASSETS|||| |Debtors
Cash at bank and in hand|17|76,705
47 592|87,557
195502| |||124,297|283,039| |CREDITORS|||| |Amounts
falling due within one year|18|(101,345)|(93,135)| |NET CURRENT ASSETS||22 952|189924| |TOTAL ASSETSLESS CURRENT|||| |LIABILITIES||17,482,664|17,054,144| |NET ASSETS||17482 664|17054,144| |FUNDS|21||| |Unrestricted
funds||17,458,564|17,030,044| |Endowment
funds||24 100|24 100| |TOTAL FUNDS||17482 664|17054,144| ## ||WOKING PIOMKS|WOKING PIOMKS|| |---|---|---|---| ||CASH FLOW STATKMKNT||| ||for the|ear ended 31st March 2022|| |||2022|2021| ||Notes||8| |Cash flows from operating
activities
Cash generated
from operations||~469,045)|~107,536)| |Net cash used in operating
activities||~469 045)|~107536)| |Cash flows from investing
activities
Purchase oftangible fixed assets
Purchase offixed asset investments
Sale oftangible fixed assets
Sale offixed asset investments
Investment
cash movements
Interest received
Dividends
received
Dividends
and rental income received||(147,189)
(2,132,702)
2,161,044
73,883
12
12,602
~353 485|(125,238)
(1,589,014)
1,150
1,412,481
220,488
70
287,155| |Net cash provided
by investing
activities||321,135|~207 092| |Change in cash and cash equivalents
reporting
period|in the|(147,910)|99,556| |Cash and cash equivalents
at the beginning
ofthe reporting
period||~195 502|~95 946| |Cash and cash equivalents
at the end
reporting
period|ofthe|47,592|~195 502| ## ## ||NOTES TOTHE CASH FLOW STATEME
for the
ear ended 31stMarch 2022|NOTES TOTHE CASH FLOW STATEME
for the
ear ended 31stMarch 2022|NT|NT| |---|---|---|---|---| |RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES|| ||||2022|2021| |Net income for the reporting
Activities)||period (as per the Statement ofFinancial|428,520|1,712,641| |Adjustments
for:
Depreciation
charges
Gain on investments|||126,136
(676,664)|122,875
(1,689,110)| |Interest received|||H2)|(70)| |Dividends
received|||(12,602)|| |Dividends
and rental|income|received|(353,485)|(287,155)| |Decrease in debtors|||10,852|10,498| |Increase in creditors|||8 210|22 785| |Net cash used in operations|||~469,045)|~107,536)| ## ## |ANALYSIS OI' CHANGES IN NET FUND|S||| |---|---|---|---| ||At 1.4.21|Cash flow|At 31.3.22| ||||I| |Net cash|||| |Cash at bank and in hand|~195 502|~147910)|~47 592| ||195,502|~147910)|47 592| |Total|195,502|~147,910)|~47 592| ## ## ## ## ## |Freehold
property||4%on cost|| |---|---|---|---| |Improvements
to property|from 2010|Straight line over|40 years and Straight line over 10years| |Care home assets||33%on cost|| |Motor vehicles||20% on reducing|balance| ## ## ## ## ## ## ## ## ## |DONATIONS
AND|LEGACIES||| |---|---|---|---| |||2022|2021| |Public donations
Gift aid tax recovered||4,242
2,111|2,937
500| |Legacies
Rail staff 61 company|donations|~13 095|15,089| |||~19 448|18526| ## ## |||
for the
ear ended 31st March|
for the
ear ended 31st March|2022|| |---|---|---|---|---|---| |3.|OTHER TRADING|ACTIVITIES||2022|2021| ||Foxes income|||~24 125|~27 869| |4.|INVESTMENT INCOME|||2022|2021| |||||6|| ||Investment
income
Income from flats & other rentals
Bank interest receivable|||157,412
208,675
12|136,581
150,574
70| |||||366,099|287,225| ||INCOME FROM CHARITABLE ACTIVITIES|||2022|2021| ||Charges to residents
Staff accommodation|charges|Activity
Provision ofcare
Provision ofcare|1,485,877
23,422|1,698,519
22,207| |||||~1,509 299|~1720 726| |6.|OTHERINCOME|||2022|2021| ||Government
grants
CJRS grants|||97,998
297|125,009
21,598| |||||~98 295|~146 607| |7.|RAISING FUNDS||||| ||Other trading
activities|||2022|2021| ||Staff costs
Property
expenses|||6,720
29,960|6,615
15,040| |||||~36 680|~21 655| ## ## ## ## |RAISING FUNDS - continued||| |---|---|---| |Investment
management
costs|2022|2021| |Portfolio management|52,225|45,955| |Aggregate
amounts|~88 905|67,610| |CHARITABLE ACTIVITIES COSTS||| |Direct costs (note 8)|2022|2021| |Provision ofcare
Catering services
Household
services
Property & equipment
maintenance
Vehicle &driver costs
Support costs
Other expenditure|868,781
287,667
297,507
246,590
28,227
307,233
140 500
2 176505|873,659
298,629
301,362
172,522
30,009
298,475
135 156
2 109812| ## ## ## |DIRECT COSTS OF CHARITABLE ACTIVITIES||| |---|---|---| ||2022|2021| |Care
Care staff costs
Agency care staff|727,690
141091
868 781|797,820
75 839
873 659| |Catering
Contract costs
Sale offood
Miscellaneous|281,183
(1,826)
8310
287 667|291,043
(1,343)
8929
298 629| |Household
services
Laundry
and household
staff costs
Laundry
expenses
Household
and medical expenses
Light and heat
Insurances
Rates and water|109,960
16,842
56,865
75,689
14,111
24 040
297 507|117,092
19,759
64,183
63,813
13,849
22 666
301362| |Maintenance
General premises
maintenance
Maintenance
ofpremises
- staff costs
Furniture
repair and replacement|176,635
46,363
23 592
246 590|114,380
45,997
12 145
172522| |Vehicle &driver costs
Driver staff costs
Vehicle expenses|23,718
4 SI59
28 227|24,694
~515
30 009| |Support costs
Staff costs
Office expenses
Sundry
expenditure
Advertising
Professional
and accountancy|226,725
14,432
16,701
13,891
35484
307233|223,903
27,678
19,487
11,808
25 599
298 475| |Other expenditure
Care Quality
Commission
TV rental
and licences
Stafftmining
Depreciation|8,225
714
5,425
126 136
140500|8,979
704
2,598
~122 8 5
135 156| ## ## ## ## ## |Net inco|me/(expenditure|)
is stated atter charging/(crediting)||| |---|---|---|---|---| ||||2022|2021| |Auditors'
remuneration
Auditors'
remuneration
Depreciation
- owned||- non audit
assets|9,000
17,000
126,136|9,000
16,000
114,460| |Gain on|disposal of fixed asset|||| ## ## ## |STAFFCOSTS||| |---|---|---| ||2022|2021| |Wages and salaries
Social security costs
Other pension costs|I 017594
73,563
~50 020|1,083,199
81,092
~51 831| ||~1141177|~1216 122| |The average|monthly
number ofemployees
during
the ye|ar was as follows:|| |---|---|---|---| |||2022|2021| |Care
Household
Maintenance|and laundry|37
9
2
I|39
9
2
I| |Driver
Support and administration
Foxes||7
I|7
I| |||57|59| ## ## ## ||The number ofemployees|whose|employee
benefits (excluding|employee
benefits (excluding|employer
pension|costs) exceeded|f60,000was:| |---|---|---|---|---|---|---|---| |||||||2022|2021| ||f60,001 - f70,000|||||I|1| |14.|TANGIBLE FIXEDASSETS||||||| |||||Improvements|||| |||||to|||| ||||Freehold|property|Care home|Motor|| ||||property|fiom 2010
assets||vehicles|Totals| |||||||f.|8| ||COST||||||| ||At 1st April 2021
Additions
Disposals||3,217,187|3,770,205
145,649|279,945
1,540
~590)|53,446|7,320,783
147,189
~590)| ||At 31st March 2022||~3217 187|~3915,854|~280 895|~53 4'-16|~7,467 382| ||DEPRECIATION||||||| ||At 1st April 2021
Charge for year
Eliminated
on disposal||1,101,819
4,615|819,337
114,969|276,697
2,923
~590)|35,293
3,629|2,233,146
126,136
~590)| ||At 31stMarch 2022||~1106434|934306|~279 030|~38922|~2358 692| ||NET BOOK VALUE
At 31stMarch 2022||2 110,753|~2981 548|~1865|~14 524|~5, 108690| ||At 31st March 2021||~2,115368|~2,950868|3,248|18,153|~5087,637| ## ## ## |FIXEDASSETINVESTMENTS|||| |---|---|---|---| ||Listed|Investment|| ||investments|cash|Totals| |~TVALUE|||8| |At 1stApril 2021
Additions|8,030,299
2,132,702|111,284|8,141,583
2,132,702| |Disposals
Revaluations
Net cash movements|(2,281,463)
550,479|~72 279)|(2,281,463)
550,479
~72 279)| |At 31st March 2022|~8,432 017|~39 005|8,471,022| |NET BOOK VALIIE|||| |At 31stMarch 2022|~8432 017|39,005|8471,022| |At 31st Marcft 2021|~8030,299|111,284|8 141,583| |||Market value|Bookcost| ||||f,| |Investments
in the UK
Investments
outside the UK||4,969,218
3462.799|4,361,383
2528.102| |||8,432017|6,889.485| |Listed|Investment|| |---|---|---| |investments|cash|Totals| |8
~8,432 017|~39 005|~8471 022| ## ## ## ## |Fair value at 31st March 2022 is represented
by:||| |---|---|---| |Valuation
in 2022||~3,880 000| |DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|2022|2021| |Tmde debtors
Other debtors
Prepayments
and accrued income|51,913
4,520
~20 272|65,972
4,958
~16 627| ||76,705|~87 557| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2022|2021| |Trade creditors
Social security
and other taxes
Other creditors
Accrued expenses|24,020
17,140
15,470
~44 715|25,063
19,476
11,847
36,749| ||~101 345|~93 135| ## ## ## |Minimum
le|a|se payments
u|nder non-|cancellable|operating
leases|fall due as follow|s:|| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| |Within one year
Between one and five years|||||||15,437
75,888|10,400| |In more than||five years|||||5 059|| ||||||||96 384|~10 400| |ANALYSIS||Olr NKT ASSETS BETWEEN|||FUNDS|||| ||||||||2022|2021| ||||Unrestricted||Restricted|Endowment|Total|Total| |||||funds|funds|fund|funds|funds| |||||||f,||| |Fixed assets|||5,108,690||||5,108,690|5,087,637| |Investments|||12,326,922|||24,100|12,351,022|11,776,583| |Current
assets
Current
liabilities|||124,297
~Itl),345)||||124,297
~ltl I 345)|283,059
~93 135)| ||||17|458 564||24100|17,482664|17054144| |MOVEMKNT
IN FUNDS||||||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.4.21|in funds|31.3.22| |Unrestricted||funds||||||| |General
fund||||||17,017,905|428,520|17,446,425| |Designated|Fund Southern||Goodwill|||12,139||12 139| |||||||17,030,044|428,520|17,458,564| |Endowment||funds||||||| |Endowment||Fund||||24,100||24,100| |TOTAL FUNDS||||||17,054144|428520|17482,664| ## ## ## ## ## |Net movemen|t|in funds,
inc|lude|d
in the above|are as follows:|||| |---|---|---|---|---|---|---|---|---| ||||||Incoming
resources|Resources
expended|Gatns and
losses|Movement
in funds| |Unrestricted
General
fund||funds|||2,017,266|(2,265,410)|676,664|428,520| |TOTAL FUNDS|||||~2,017266|~2,265,410)|676,664|~428 520| |Comparatives||for movement||in funds||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.4.20|in funds|31.3.21| ||||||||8|f,| |Unrestricted
funds
General
fund
Designated
Fund Southern|||Goodwill|||15,305,264
12,139|1,712,641|17,017,905
12139| |||||||15,317,403|1,712,641|17,030,044| |Endowruent
Endowment||funds
Fund||||24,100||24,100| |TOTAL FUNDS||||||15 341 503|17126~1|17054,144| |Comparative|net movement
in funds,|included
in the above are as|follows:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |Unrestricted
General fund|funds|2,200,953|(2,177,422)|1,689,110|1,712,641| |TOTAL FUNDS||2,200,953|~2177422)|~1689,110|1,712,641| ## ## ## |A current ye|ar 12 months
a|nd prior year 12 months
|combined
position
is as follows:||| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At 1.4.20|in funds|31.3.22| |Unrestricted|funds||||| |General fund
Designated
Fund Southent||Goodwill|15,305,264
12139|2,141,161
-|17,446,425
12139| ||||15,317,403|2,141,161|17,458,564| |Endowment|funds||||| |Endowment|Fund||24,100||24,100| |F|NDS||15341 593|2141161|17482664| ## |A current yea
follows;|r 12 months
and prior|year 12 months
combined
ne|t movement
in fu|nds,
included
in|the above are| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||||f.|| |Unrestricted|funds||||| |General fund||4,218,219|(4,442,832)|2,365,774|2,141,161| |TOTAL FUNDS||~4218,219|~4,442 832)|2,365,774|~2141,161| ## ## ## ## ## |for the
ear ended 3|1st March 2022|| |---|---|---| ||2022|2021| |INCOME AND ENDOWMENTS||| |Donations
and legacies
Public donations|4,242|2,937| |Gift aid tax recovered
Legacies
Rail staff &company
donations|2, 1 1 1
13,095|500
15,089| ||19,448|18,526| |Other trading
activities
Poxes Illcomc|24,125|27,869| |Investment
income
Investment
income
Income from flats & other rentals
Bank interest receivable|157,412
208,675
12|136,581
150,574
70| ||366,099|287,225| |Charitable
activities
Charges to residents
Staff' accommodation
charges|1,485,877
23,422|1,698,519
22,207| ||1,509,299|1,720,726| |Other income
Government
grants
CIRS grants|97,998
297|125,009
«21 598| ||«98 295|«146607| |Total incoming
resources|2,017,266|2,200,953| |EXPENDITURE||| |Other trading
activities
Wages
Social security
Pensions
Property
expenses|5,915
466
339
«29 960|5,751
455
409
«15 040| ||36,680|21,655| ## ## ||for the
ear ended 31stMa|rch 2022|| |---|---|---|---| |||2022|2021| |Other trading
activities|||| |Investment
management
costs
Portfolio management||52,225|45,955| |Charitable
activities|||| |Wages
Social security
Pensions||1,011,679
73,097
49,681|1,077,448
80,637
51,422| |Rates and water||24,040|22,665| |Insurance||14,112|13,849| |Light and heat
Telephone
Printing,
post & stationery
Adveitising
Sundries||75,689
7,865
6,567
13,891
16,701|63,813
7,541
6,113
11,808
9,487| |Agency care staff
Laundiy
expenses
Household
&medical expenses||141,091
16,841
56,865|75,839
19,759
64,183| |Catering contract & other kitchen
Motoring
expenses
Property &equipment
maintenance
Furniture
repairs &renewals
Regulatory
costs &licences
Stafftraining
Professional
and accountancy
Freehold
propetxy depreciation
Improvements
to property
Plant and machinery
Motor vehicles|expenses|287,667
4,509
176,635
23,591
8,939
5,425
26,484
4,615
114,969
2,923
3 629|298,629
5,315
128,405
12,144
9,683
2,598
16,599
4,802
102,670
10,867
~4536| |||2,167,505|2,100,812| |Support costs|||| |Governance
costs|||| |Auditors'
remuneration||9000|9,000| |Total resources expended||~2265 410|~2177422| |Net (expenditure)/income
before
losses|gains and|(248,144)|23,531| |Realised recognised
gains and losses
Realised gains/(losses)
on fixed asset investments||~120419)|~165708| |Net (expenditure)/income||~368563)|189,239|