2023-03-31-accounts - Life 2009

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	7
Report ofthe Independent Auditors	8	to	11
Statement ofFinancial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	25
Detailed Statement ofFinancial Activities	26	to	27

TRUSTEES:	Mrs Laura Higgins
	Mrs Eileen Maher
	Mr Jonathan Wright
	Mr Philip John Campbell			(Resigned 21 January 2023)
	Mrs Annabel Osbom (Resigned					7July	2023)
	Dr Philip Gerard McCarthy				(Appointed		3 September 2022)
CHIEF EXECUTIVE:	Mrs Kerry Smart
REGISTERED OFFICE;	4Jephson Court
	Tancred Close
	Royal Leamington	Spa
	Warwickshire
	CV31 3RZ
COMPANY NUMBER:	06786752 (England		and Wales)
CHARITY NUMBER:	1128355(and Noi'SC041329 in Scotland)
INDEPENDENT AUDITORS:	Murphy Salisbury	Limited
	15Warwick Road
	Stratford upon Avon
	Warwickshire
	CV37 6YW
BANKERS:	National Westminster		Bank		pic
	P.O.Box137
	59 'Ihe Parade
	Royal Leamington	Spa
	Warwickshire
	CV32 4ZX
SOLICITORS:	The firm retained	is dependent				upon each issue as it arises.

						Period
						1.7.22
						to	Year Ended
						31.3.23	30.6.22
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	6
INCOME AND ENDOWMENTS FROM
Donations and legacies			2	642,841	66,729	709,570	1,315,316
Charitable activities
Residents income and supporting		people grants		808,734	168,016	976,750	1,349,329
Other trading activities			3	734,241		734,241	944,713
Investment income			4	5,319		5,319	6,838
Total				2,191,135	234,745	2,425,880	3,616,196
EXPENDITURE ON
Raising funds
Raising donations and legacies			6	87,546	20,589	108,135	149,749
Other trading activities			7	826,979	19,620	846,599	1,473,213
				914,525	40,209	954,734	1,622,962
Charitable activities
Residents income and supporting		people grants		1,455,348	296,722	1,752,070	1,454,594
National activities, life matters,		pregnancy
matters and online				5,793	966	6,759	667,588
Total				2,375,666	337,897	2,713,563	3,745,144
Net gains on investments				1,027	77,863	78,890	249,084
NKT INCOME/(EXPENDITURE)				(183,504)	(25,289)	(208,793)	120,136
Transfers between funds			23	5,000	(5,000)
Net movement in funds				(178,504)	(30,289)	(208,793)	120,136
RECONCILIATION	OF FUNDS
Total funds brought forward				1,113,616	692,167	1,805,783	1,685,647
TOTAL FUNDS CARRIED FORWARD				935,112	661,878	1,596,990	1,805,783

	Llfr	i 2009
	~BALA	esneer
	31MARCH 2023
			2023	2022
	Notes		8	f.
FIXEDASSETS
Tangible assets	14		229,105	548,876
Investments	15		144,736	145,179
			373,841	694,055
CURRENT ASSETS
Debtors	16		275,050	279,568
Cash at bank			1,181,703	1,095,343
			1,456,753	1,374,911
CREDITORS
Amounts falling due within one year	17		(208,442)	(234,293)
NKT CURRENT ASSETS			1,248,311	1,140,618
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,622,152	1,834,673
CREDITORS
Amounts falling due after more than one year	18		(25,162)	(28,890)
NET ASSETS			1,596,990	1,805,783
FUNDS	23
Unrestricted funds			935,111	1,113,616
Restricted Rnds			661,879	692,167
TOTAL FUNDS			1,596,990	1,805,783

	FOR	CAS FLOW S E KRIOD IJVLY	TATKMKN 22TO 31MARC 23
			Period
			1.7.22
			to	Year Ended
			31.3.23	30.6.22
		Notes
Cash flows from operating	activities
Cash generated &om operations		1	(274,993)	(40,754)
Net cash used in operating	activities		(274,993)	(40,754)
Cash flows from investing	activities
Purchase oftangible fixed assets			(39,906)	(22,098)
Sale oftangible fixed assets			399,557
Dividends received			5,319	6,838
Net cash provided by/(used	in) investing	activities	364,970	(15,260)
Cash flows from financing	activities
Loan repayments in year			(3,617)	(4,998)
Net cash used in financing	activities		(3,617)	(4,998)
Change in cash and cash equivalents		in
the reporting period			86,360	(61,012)
Cash and cash equivalents	at the
beginning ofthe reporting	period		1,095,343	1,156,355
Cash and cash equivalents	at the end	of
the reporting period			1,181,703	1,095,343

					Period
					1.7.22
					to	Year Ended
					31.3.23	30.6.22
Net (expenditure)/income			for the reporting	period (as per the
Statement	ofFinancial Activities)				(208,793)	120,136
Adjustments for:
Depreciation charges					39,010	69,329
Gain on investments					(78,890)	(249,084)
Dividends	received				(5319)	(6,838)
(Gain)/loss	on valuation ofinvestments				443
Decrease	in debhtrs				4,518	2,523
(Decrease)/increase		in creditors			(25,962)	23,180
Net cash	used in operations				(274,993)	(40,754)

ANALYSIS OF CHANGES IN NET FUNDS
	At 1.7.22	Cash flow	At313.23
Net cash
Cash at bank	1,095,343	86,360	1,181,703
	1,095,343	86,360	1,181,703
Debt
Debts falling due within I year	(5,189)	(111)	(5300)
Debts falling due atter I year	(28,890)	3,728	(25,162)
	(34,079)	3,617	(30,462)
Total	1,061,264	89,977	1,151,241

2.	DONATIO	NS AND LE	G	ACIES
									2023 (9m)	2022
	Donations								450,103	749,872
	Tax claimed								78,550	60, 101
	Bequests and legacies								20,233	363,233
	Grants and	other income							160,686	142,110
									709,570	1,315,316
3.	OTHER TRADING ACTIVITIES
									Period
									1.7.22
									to	Year Ended
									31.3.23	30.6.22
	Shop sales								734341	944,713
4.	INVESTMENT INCOME
									Period
									1.7.22
									to	Year Ended
									31.3.23	30.6.22
	Dividends	receivable							5,319	6,838
5.	INCOME	F'ROM CHARITABLE ACTIVITIES
									Period
									1.7.22
									to	Year Ended
									31.3.23	30.6.22
				Activity
	Residents	income and		Residents		income and	supporting	people
	supporting	people grants		grants					976,750	1,349,329
6.	RAISING	DONATIONS		AND LEGACIES
									2023 (9m)	2022
	Advertising	and printing	for life matters		and pregnancy		matters		19,103	39,205
	Staffcosts	- voluntary							89,031	110,544
									108,135	149,749

									Period
									1.7.22
									to	Year Ended
									31.3.23	30.6.22
									f.
	Bad debts								70,296	88,642
	Rent and	rates							198,340	560,964
	Staffcosts								411,272	586,719
	Other (including			set up		costs)			149,018	180,195
	Depreciation								17,673	56,693
									846,599	1,473,213
8.	CHARITABLE			ACTIVITIES			COSTS
									Support
								Direct	costs (see
								Costs	note 9)	Totals
	Residents	income			and supporting		people
	grants							1,324,538	427,532	1,752,070
	National	activities,			life	matters,
	pregnancy	matters			and	online		2,259	4,500	6,759
								1,326,797	432,032	1,758,829
9.	SUPPORT		COSTS
									Governance
								Other	costs	Totals
	Residents	income			and supporting		people
	grants							413,459	14,073	427,532
	National	activities,			life	matters,	pregnancy
	matters and		online						4,500	4,500
								413,459	18,573	432,032
10.	NKT INCOME/(EXPENDITURE)
	Net income/(expenditure)					is stated after charging/(crediting):
									Period
									1.7.22
									to	Year Ended
									31.3.23	30.6.22
									8	f,
	Auditors'	remuneration							4,500	6,000
	Depreciation		—owned assets						39,010	69,329
	Auditors'	remuneration				—other			17,500	15,910
	Operating	lease		- Land		and Buildings			496,287	499,709
	Operating	lease		—Other					13,309	4,684

STAFF COSTS
	2023 (9m)	2022
Wages and salaries	1,259,893	1,621,301
Social security costs	97,996	124,033
Pension	37,507	48,137
	1395,395	1,793,471

					Unrestricted	Restricted	Total
					fund	fund	funds
INCOME	AND ENDOWMENTS FROM
Donations	and legacies				1,250,137	65,179	1,315,316
Charitable	activities
Residents	income	and supporting	people
grants					1,207,605	141,724	1,349,329
Other trading activities					944,713		944,713
Investment	income				6,838		6,838
Total					3,409,293	206,903	3,616,196
EXPENDITURE		ON
Raising funds
Raising donations		and legacies			131,072	18,677	149,749
Other trading activities					1,455,526	17,687	1,473,213
					1,586,598	36,364	1,622,962
Charitable	activities
Residents	income	and supporting	people
gmnts					1,295,278	159,316	1,454,594
National activities,		life matters,	pregnancy
matters and online					599,571	68,017	667,588
Total					3,481,447	263,697	3,745,144
				Pae19			continued .

				Unrestricted	Restricted	Total
				fund	fund	funds
				8	8
	Net gains on investments			47,044	202,040	249,084
	NET INCOME/(EXPENDITURE)			(25,110)	145246	120,136
	RECONCILIATION		OF FUNDS
	Total funds bmught	forward		1,138,726	546 t)21	1,685,647
	TOTAL FUNDS CARRIED FORWARD			1,113,616	692,167	1,805,783
14.	TANGIBLE FIXED		ASSETS
						Fixtures
				Freehold	Long	and
				property	leasehold	fittings
						8
	COSTORVALUATION
	At 1 July2022			325,000	175,000	293,323
	Additions					17,553
	Disposals			(325,000)
	At 31March 2023				175,000	310,876
	DEPRECIATION
	At I July 2022			2,600	1,400	264,933
	Charge for year			1,733	1,050	19,878
	Eliminated on disposal			(4,333)
	At 31March 2023				2,450	284,811
	NKT BOOKVALUE
	At 31March 2023				172,550	26,065
	At 30June 2022			322,400	173,600	28,390

TANGIBLE FIXEDASSETS - continued
	Motor	Office
	vehicles	equipment	Totals
COST ORVALUATION
At I July 2022	17,042	246,275	1,056,640
Additions		22,353	39,906
Disposals			(325,000)
At 31March 2023	17,042	268,628	771,546
DEPRECIATION
At I July 2022	17,042	221,789	507,764
Charge for year Eliminated on disposal		16,349	39,010 (4,333)
At 31March 2023	17,042	238,138	542,441
NET BOOKVALUE
At 31March 2023		30,490	229,105
At 30June 2022		24,486	548,876

				Fixtures
			Long	atlcl	Motor	Office
			leasehold	fittings	vehicles	equipment	Totals
Valuation	in	2023	175,000	310,876	17,042	268,628	771,546

FIXEDASSETINVESTMENTS
	Listed
	investments
~TVALUE	I
At 1 July 2022	145,179
Revaluations	(443)
At 31March 2023	144,736
NET BOOKVALUE
At 31March 2023	144,736
At 30June 2022	145,179

	Cost or valuation at31Ma	rch 2023 is represented by;
				Listed
				investments
	Valuation in 2023			(443)
	Valuation in 2022			145,179
				144,736
16.	DEBTORS:AMOUNTS	FALLING DUE stVITHIN ONE YEAR
			2023	2022
	Other debtors		138,095	137,711
	Prepayments		136,955	141,857
			275,050	279,568
17.	CREDITORS: AMOUNTS FALLING DUE WITH(N ONE YEAR
			2023	2022
				8
	Bank loans and overdrafis	(see note 19)	5,300	5,189
	Social security and other tsxes		30,635	31,483
	Other creditors		147,134	167,683
	Accruals and deferred income		25,373	29,938
			208,442	234,293
18.	CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR
			2023	2022
	Bank loans (see note 19)		25,162	28,890
19.	LOANS
	An analysis ofthe maturity	ofloans is given below:
			2023	2022
	Amounts falling due within one year on demand:
	Bank loans		5,300	5,189
	Amounts falling between one and two years:
	Bank loans - 1-2years		5,300	5,300
	Amounts falling due between two and five years:
	Bank loans -2-5 years		19,862	16,884
	Amounts falling due in more than five years;
	Repayable by instalments:
	Bank loans more 5 yr by instal			6,706

	2023	2022
Within one year	509,597	534,424
Between one and five years	131,000	203,563
	640,597	737,987

		2023	2022
Bank	loans	30,462	34,079

ANALYSIS OF NET ASSETSB	ETWEEN FUNDS
	Unrestricted	Restricted	2023	2022
			Total
	funds	funds	funds	Total funds
Fixed assets	229,105		229,105	548,876
Investments	144,736		144,736	145,179
Current assets	661,879	794,874	1,456,753	1,374,91 1
Current liabilities	(208,442)		(208,442)	(234,393)
Long term liabilities	(25,162)		(25,162)	(28,890)
Total net assets at 31March
2023	802,116	794,874	1,596,990	1,805,783

				Transfers	Gains
		Incoming	Resources	between	and
	At 1.07.22	resources	expended	funds	(losses)	At 31.03.23
	f,		f.		f,
Unrestricted
funds
General fund	1,113,616	2,191,135	(2,375,666)	5,000	1,027	935,112
Restricted funds
Gemma fund	6,271					6,271
LIFEHousing	685,896	234,745	(337,897)		77,863	660,607
Total restricted	692,167	234,745	(337,897)	(5,000)	77,863	661,878
funds
Total funds	1,805,783	2,425,880	(2,713,563)		78,890	1,566,990

				2021/2022
Tangible	fixed assets		229,106	226,475
Housing	maintenance	&repair	154,467	352,717
Operating	lease commitments		509,597	534,424
Designated unrestricted		funds	893,169	1,113,616

			FORTH	E PERIOD IJU 2	31MAR 2023
					Period
					1.7.22
						to	Year En	de
					31.3.23		30.6.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations					450,102		749,872
Tax claimed					78,550		60,101
Bequests and legacies					20,233		363,233
Grants and other income					160,685		142,110
					709,570		1,315,316
Other trading activities
Shop sales					734,241		944,713
Investment income
Dividends receivable					5,319		6,838
Charitable activities
Residents income and supporting			people	grants	976,750		1,349,329
Total incoming resources					2,425,880		3,616,196
Raising donations and	legacies
Advertising and printing	for life		matters	and
pregnancy matters					19,103		39,205
Staffcosts - voluntary					89,032		110,544
					108,135		149,749
Other trading activities
Bad debts					70,296		88,642
Rent and rates					198,340		560,964
Staff costs					411,272		586,719
Other (including set up costs)					149,018		180,195
Depreciation					17,673		56,693
					846,599		1,473,213
Charitable activities
National team, life matters		and pregnancy		matters	3,725		361,016
Repairs renewals and household			goods		114,700		170,049
Postage stationery and adverts					27,015		66,991
Training meetings and travel expenses					78,249		72312
Miscellaneous expenses					464,499		13,079
Depreciation					19,202		9,508
Carried forward					707,390		692,855

				FORTHK PERIOD 1 Y2022 0	31MAR 2023
					Period
					1.7.22
					to	Year En	de
					31.3.23	30.6.22
Charitable activities
Brought forward					707,390	692,855
Staffcosts —charitable					619,407	761,739
					1,326,797	1,454,594
Support costs
Other
Support costs	-	charitable			385,358	615,316
Support costs	-	governance			1,669	1,143
Support costs	-	voluntary		income	26,432	27,731
					413,459	644,190
Governance	costs
Wages					14,073	17,398
Auditors' remuneration					4,500	6,000
					18,573	23,398
Total resources	expended				2,713,563	3,745,144
Net expenditure		before gains and losses			(287,683)	(128,948)
Realised recognised			gains	and losses
Realised gains/(losses)			on fixed asset investments		78,890	249,084
Net (expenditure)/income					(208,793)	120,136