2020-12-31-accounts

		Page
Legal and Administrative Information		1-2
Trustees' Report		3-17
Independent Auditor's	Report	18-21
Statement of Financial	Activities	22
Balance Sheet		23
Statement of Cash Flows		24
Notes to the Financial	Statements	25-44

				Unrestricted	Restricted	Total		Total
				funds	funds	funds		funds
				2020	2020	2020		2019
			Note		2			2
Income from:
Donations and legacies				315,711	316,925	632,636		46,591
Charitable activities				10,907,841		10,907,841	1	1,350,177
Other trading activities -		fundraising		3,578		3,578		3,667
Investments				51,308		51,308		44,161
Other income				25,553		25,553		36,632
Total income				11,303,991	316,925	11,620,916	11,481,228
Expenditure on:
Raising funds;
Investment manager's		fees		5,448		5,448		5,899
Charitable activities			6	10,923,624	316,925	11,240,549	11,051,388
Total expenditure				10,929,072	316,925	11,245,997	1	1,057,287
Net (losses)/gains	on investments			(50,109)		(50,109)		52,877
Net movement ln	funds			324,810		324,810		476,818
Reconciliation of	funds:
Total funds brought	forward			9,538,695		9,538,695	9,061,877
Net movement in funds				324,810		324,810		476,818
Total funds carried forward				9,863,505		9,863,505	9,538,695

			Note		2020f		2019f
Fixed assets
Tangible assets			11		11,756,163		12204,132
Investments			13		643,376		639,614
Investment property			12		560,000		426,745
Total fixed assets					12,959,539		13,270,491
Current assets
Debtors			14	722,993		666,254
Cash at bank and	in hand			1,354,594		675,723
				2,077,587		1,341,977
Creditors: amounts	falling	due within one
year			15	(1,610,803)		(1,356,956)
Net current assets I (llabllltes)					466,784		(14,979)
Total assets less	current	liabilities			13,426,323		13,255,512
Creditors: amounts	falling	due after more
than one year			16		(3,562,818)		(3,716,817)
Total net assets					9,863,505		9,538,695
Charity funds
Restricted funds			18
Unrestricted funds			18		9,863,505		9,538,695
Total funds					9,863,505		9,538,695

			Note	2020f	2019f
Cash flows from operating activities
Net cash provided by operating activities			20	1,171,091	880,072
Cash flows from investing activities
Dividends, interests and rents from investments				51,308	44,181
Proceeds from the sale of tangible fixed	assets				2,500
Purchase of tangible fixed assets				(386,705)	(994,588)
Proceeds from sale of investments				670,453	256,414
Purchase of investments				(699,052)	(272519)
Investment property additions				(16,276)
Net cash used In investing activities				(380,272)	(964,030)
Cash flows from financing activities
Repayments of borrowings				(133,894)	(209,415)
Net cash used In financing activities				(133,894)	(209,415)
Change in cash and cash equivalents	in the year			656,925	(293,373)
Cash and cash equivalents brought forward				707,440	1,000,818
Cash and cash equivalents carried forward			21	1,364,365	707,440
The notes on pages 25 to 44 form part ofthese financial		statements

					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					2020	2020	2020	20f9
					6	8	6
Donations
General Donations					91,368	3,000	94,368	46,591
Uplands Merger			—fair value of donated trade
and assets					14,698		14,698
Government		grants			209,645	313,925	523,570
Total 2020					315,711	316,925	632,636	45,591
Total 2019					46,591		46,591
The governmant			grant	of 2209,645 (2019 — fnif) relates to the		Coronavirus	Job Retention	Scheme. The
grant for 6313,925 (2019-Znil) is an Infection					Control Grant.
Provision	of	care
							2020 6	2019f
Residents'	fees						10,889,728	11,335,853
Contributions		to	running	costs			18,113	14,324
							10,907,841	11,350,177

	Unrestricted	Total	Total
	funds	funds	funds
	2020 2	2020 2	2019f
Rental income	39,171	39,171	26,712
Income from listed investments	8,945	8,945	12,057
Interest receivable	3,192	3,192	5,392
	51,308	51,308	44,161
Total 2019	44,161	44,161

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2020	2020	2020	2019
	2	2	2
Care costs	5,100,871		5100871	5,559,756
Welfare	3,191,742		3,191,742	2 754,271
Premises	1,871,723		1,871,723	1,705,273
Support costs		1,076,213	1,076,213	1,032,088
Total 2020	10,164,336	1,076,213	11,240,549	11,051,388
Total 2019	10,019,300	1,032,088	11,051,388

					Total	Total
		Care costs	Welfare	Premises	funds	funds
		2020	2020	2020	2020	2019
		6	6	6	2
Staff costs		4,646,953	2,320,866	130,888	7,098,707	6,823,699
Depreciation				670,477	670,477	585,339
Contract catering			407,753		407,753	434,807
Establishment costs				477,658	477,658	471,035
Repairs and maintenance				592,700	592,700	579,327
Advertising			46,553		46,553	59,062
Office expenses			84,979		84,979	65,045
Subscriptions and	publications		27,758		27,758	28,805
Equipment hire			9,806		9,806	7,480
Residents welfare	and activities		39,463		39,463	70,471
Cleaning, medical	costs,
uniforms			228,327		228,327	142,508
Motor expenses			26,237		26,237	27,794
Other employment	costs	126,586			126,586	224,684
Agency costs		327,332			327)332	499,244
Total 2020		5,100,871	3,191,742	1,871,723	10,164,336	10,019,300
Total 2019		5,559,756	2,754,271	1,705,273	10,019,300

				Total	Total
			Care costs	funds	funds
			2020 2	2020 2	2019f
Staff costs			843,320	843,320	764,181
Printing, postage and stationery			49,933	49,933	47,249
Legal and professional		costs	79,840	79,840	96,435
Bank charges	& interest		83,980	83,980	104,531
Governance	costs		19,140	19,140	19,692
Total 2020			1,076,213	1,076,213	1,032,088
Tora/2019			1,032,088	1,032,088

					2020 8	2019f
Fees annual	payable to the Company's accounts		auditor	for the audit of the Company's	16,225	15,900
Fees	payable	to the Company's	auditor	in respect of:
All non-audit		services not included above			266	260

Staff costs
				2020f	2019f
Wages and	salaries			7,271,516	6,952,701
Social security costs				530,275	509,277
Contribution	to defined	contribution	pension schemes	140,235	125,902
				7,942,026	7,587,880

		2020	2019
		No.	No.
Head	count	434	421

2020	2019
No.	No.

		Freehold	Leasehold	Motor	Fixtures
		property 6	improvements 2	vehicles 2	and fittings 8	Total 6
Cost or valuation
At 1 January 2020		11,471,113		175,052	3,919,874	15,566,039
Additions		48,659	4,595	11,395	322,056	386,705
Disposals					(119,881)	(119,881)
Transfer to	investment
properties		(128,065)			(53,911)	(181,976)
At 31 December 2020		11,391,707	4,595	186,447	4,068,138	15,650,887
Depreciation
At 1 January 2020		688,120		138,365	2,535,422	3,361,907
Charge for the year		174,297	914	14,767	480,499	670,477
On disposals					(119,881)	(119,881)
Transfers between classes		(3,413)			(14,366)	(17,779)
At 31 December 2020		859,004	914	153,132	2,881,674	3,894,724
Net book value
At 31 December 2020		10,532,703	3,681	33,315	1,186,464	11,756,163
At 31December 2019		10,782993		38,887	1,384,452	12204,132

14.	Debtors
					2020f	2019f
	Trade debtors				412,520	543,078
	Other debtors				34,459	14,151
	Prepayments and accrued income				276,014	109,025
					722,993	666,254
15.	Creditors: Amounts		falling due within	one year
					2020f	2019
	Bank loans				231,448	211,343
	Trade creditors				391,861	255,633
	Other taxation	and social security			275,063	260,952
	Other creditors				633,162	557,647
	Accruals and deferred		income		79,269	71,381
					1,610,803	1,356,956
16.	Creditors: Amounts		falling due after	more than one year
					2020f	2019
	Bank loans				3,562,818	3,716,817
	Included within	the above are amounts		falling due as follows:
					2020	2019f
	Between one	and two years
	Bank loans				232,409	212473
	Between two	and five years
	Bank loans				703,412	644,514
	Over five years
	Bank loans				2,626,997	2,859,830

										2020 2	2019 f
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	643,276	639,514

						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2020	Income	Expenditure	In/out	(Losses)	2020
	2	9	9	2	2	2
Designated
funds
Emergency
Maintenance
Fund	750,000					750,000
Assisted Places
Fund	500,000					500,000
Staff Fund		3,345	(3,345)
Residents' Fund	3,588	5,020				8,608
Total
Unrestricted
funds	1,253,588	8,365	(3,345)			1,258,608
General funds
Free Reserves	(4,345,770)	11,280,928	(10,255,250)	(402,981)	(2,891)	(3,725,964)
Tangible Fixed
Assets	12,204,132		(670,477)	222,508		11,756,163
Investment
Property	426,745			180,473	(47,218)	560,000
Merger reserve		14,698				14,698
	8,285,107	11,295,626	(10,925,727)		(50,109)	8,604,897
Total
Unrestricted
funds	9,538,695	11,303,991	(10,929,072)		(50,109)	9,863,505

							Balance at
	Balance at 1						31
	January				Transfers	Gains/	December
	2020 2	Income 2	Expenditure	f	In/out 6	(Losses)	2020 2
Restricted
funds
Legacies		3,000	(3,000)
Infection Control
Grant		313,925	(313,925)
		316,925	(316,925)
Total offunds	9,538,695	11,620,916	(11,245,991)			(50,109)	9,863,505

Statemen	t of fun	ds - prior year
								Balance at
		Balance at						31
		1January				Transfers	Gainer	December
		2019	income f	Expenditure	f	in/cut	(Losses)f	2019f
Designated
funds
Edith Bell	Fund	59,645	1,846	(5,814)		(55,677)
Emergency
Maintenance
Fund		750,000						750,000
Assisted	Places
Fund		500,000						500,000
Staff Fund		14	5,865	(5,865)		(14)
Residents'	Fund	2,844	1,149			(405)		3,588
Total
Unrestricted
Funds		1,312,503	8,860	(11,679)		(56,096)		1,253,588
General funds
Free reserves		(4,475,423)	11,472,368	(10,460,269)		(935,323)	52,877	(4,345,770)
Tangible	Fixed
Assets		12,224,797		(585,339)		564,674		12204,132
Investment
property						426,745		426,745
		7,749,374	11,472,368	(11,045,608)		56,096	52,877	8,285, 107
Total
Unrestricted
funds		9,061,877	11,481,228	(11,057,287)			52,877	9,538,695

Analysis	of net assets between funds - current period
		Unrestricted	Total
		funds	funds
		2020	2020
Tangible fixed assets		11,756,163	11,756,163
Fixed asset investments		643,376	643,376
Investment	property	560,000	560,000
Current assets		2,077,587	2,077,587
Creditors	due within one year	(1,610,803)	(1,610,803)
Creditors	due in more than one year	(3,562,818)	(3,562,818)
Total		9,863,505	9,863,505
AnalysIs	of net assets between funds - prior period
		Unrestricted	Total
		funds	funds
		2019f	2019
Tangible fixed assets		12,204,132	12,204,132
Fixed asset investments		639,614	639,614
Investment	property	426,745	426,745
Current assets		1,341,977	1,341,977
Creditors	due within one year	(1,356,956)	(1,356,956)
Creditors	due in more than one year	(3,716,817)	(3,716,817)
		9,538,695	9,538,695

20.	Reconciliation of net	movement	in funds	to net cash	flow from	operating	activities
							2020f	2019f
	Net income for the period (as per Statement			of Financial	Activities)		324,810	476,818
	Adjustments for:
	Depreciation charges						670,477	585,339
	Losses/(gains) on investments						50,109	(52,877)
	Dividends, interests and rents from investments						(51,308)	(44,161)
	Loss on the sale of fixed assets							667
	Increase in debtors						(56,739)	(3,433)
	Increase/(decrease) in	creditors					233,742	(82,281)
	Net cash provided by operating		activities				1,171,091	880,072
21.	Analysts of cash and	cash equivalents
							2020	2019f
	Cash in hand						1,354,594	875,723
	Cash held for reinvestment						9,771	31,717
	Total cash and cash	equivalents					1,364,365	707,440
22.	Analysis ofchanges	in net debt
						At 1		At 31
						January		December
						2020 f	Cash flowsf	2020f
	Cash at bank and in hand					675,723	678,871	1,354,594
	Debt due within 1 year					(211,343)	(20,105)	(231,448)
	Debt due after 1 year				(3,716,817)		153,999	(3,562,818)
					(3,252,437)		812,765	(2,439,672)

non-ca	ncellable operating leases as follows:
		2020f	2019f
Land	and buildings
Within	1 year	29,814	29,814
Between 1 and 5years		104,349	119,256
After	more than 5years		14,907
Total		134,163	163,977
Plant	and machinery
Within	1 year	116,650	97,672
Between 1 and 5years		337,631	279,976
After	more than 5years	46,089	24,541
		500,370	402,189