##
|||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.||
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|||||||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|
##
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##
##
##
|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|
||||2022/2023||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||