2022-02-28-accounts

Trustees				Mr D P Spiers
				Mrs H Baggs
				Mr J Davidson
				Mr G B Hazelton
				Mr RJThomas
Secretary				Mr D P Spiers
Chief executive				Mr RJThomas
Charity	number			1129257
Company		number		06828228
Registered			once	The Granary
				St Martins Quarter
				Worcester
				WR1 2DA
Independent			examiner	Kendall Wadley LLP
				Granta Lodge
				71 Graham Road
				Malvern
				Worcestershire
				WR14 2JS
Bankers				HSBC Bank PLC
				6 Broad Street
				Worcester
				WR1 2EJ

				Page
Trustees'	report			1-4
Statement	oftrustees'	responsibilities
Independent examiner's			report
Statement	offinancial	activities		7-8
Balance sheet
Notes to	the accounts

					~	4l
					CI N			T lA CI			CD CO CI
								CQ			CO
					N CI	4l							I	I
					N
			0
			UJ
					N CI N			P) CO CO			&O CO
								T
			6'5		~ N CI N	4l		CI CO CO			CO CON		00
								CO
			IC
								N	CI				CO
								lO	CO
								CI	C)
								N	N		CD N		00 CO
													T
				N '0r	N rlN	4l
			LU
			0'r	N	Q CV	4l							N
								lO
			lL
			'g	N	g	4l			Cl CO CI		CI		CO
	I-							CD CO	N		T
								T
	D0VV «(	O4	D			0z								O
LLj I-	g I-	0'
)Z I-~ O~
		LL.
Vg		a
Z LLI —X ~o		CI LLI
L	O
I-ZQ LLI Z Ko LU ~ I-g Z		W LLI 0					E0 I e E 8	C (0 C0 0 CI	'5 O C0 0) S'r (60	CLIr	O E00 ~- C P-	r 0 r O ill	5 (0 N m O	0

				CV	C)
				CQ C)	CD CD
					CO
					CO	CD
					C&
					T
						(0
					C& P)	C)
					CV lO	(0 lO C)			CO C) C&
									CV
					CO
					lO	(0
									.N
		CD			N lO	CI			CII0.
		'CP lO			CV	C) CD			E00
									5
				C) lO					e0C
				CO	C)
				CD	CV	T			C
					CD
						T			8
									CII
					CO	CO
					C)	C) Y)			0C
				CD CD CV	CO		I		C Ca6 E
				CV	(0		IL)		8
							C		C
									CIJ
					C)
						CD
A LU I- ~Z ZD ~o Z V oo				lO T	KI C) CD	lO CO	F '0	ID	V) CQ E I 0Q 0
QJ M ~' LLI~ + I- 5o I Z							CQ C CO m 60 OC	CD C C 8 E	5 $ O. E000 N CII
0 AZ Z UJ ~o Uoz ZU I- LI Z ~A LLI~ I-z		2 C LS	IIIQ O~ 0 O E 3	Cv C O e	CV CI C4 CO CCI	N 2 LI. 00 C III	:2 m tU OC CIIC 0 C6E (D9	Q Sa LLI 0CSQ. SX '0 ID ID E 8	5 O (6 ICI0C CIIC 0
Q)	Z	6	z	z	LI	C LL	6 I-		8 I-

					2022		2021
				Notes			E
Fixed assets
Tangible assets				12		1,602,356		1,310,699
Current assets
Debtors				13	16,543		15,549
Cash at bank and in	hand				78,641		203,553
					95,184		219,102
Creditors."amounts	falling		due within	14
one year					(38,246)		(7,997)
Net current assets						56,938		211,105
Total assets less current		liabilities				1,659,294		1,521,804
Creditors: amounts	falling		due after	15
more than one year						(327,572)		(329,732)
Net assets						1,331,722		1,192,072
Capital funds
Endowment funds				17		430,776		430,776
Income funds
Restricted funds						795,355		671,056
Unrestricted funds						105,591		90,240
						1,331,722		1,192,072

					Unrestricted	Unrestricted
					funds	funds
					2022	2021
						E
Interest receivable						383
Charitable		activities
				2022		2021
				F
Staff costs				125,929		119,635
Depreciation		and impairment		1,827		1,229
Communications				4,573		3,880
Events				25,106		20,148
Gifts				1,610		3,840
Insurances				5,517		1,485
Premises				620		2,727
Building	Fund					11,251
Regional	expenditure			9,294		4,027
Sundry				5,970		1,649
Supplies	for charitable		activities	2,867		2,084
Travel and		conferences		3,545		2,091
Share of	governance		costs (see note 7)	1,320		1,320
				188,178		175,366

Support	costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
Accountancy			1,320	1,320		1,320	1,320
			1,320	1,320		1,320	1,320
Analysed	between
Charitable	activities		1,320	1,320		1,320	1,320

The average	monthly number ofemployees during the	year was:
		2022	2021
		Number	Number
Eldership		2.00	2.00
Administration	and support	0.50	0.40
		2.50	2.40
Employment	costs	2022	2021
Wages and salaries		104,378	98,613
Social security	costs	6,333	5,977
Other pension	costs	15,218	15,045
		125,929	119,635

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
Financing	costs	1,315	449
		1,315	449

Tangible fixed assets
		Freehold	land	Refurbishment	Fixtures and	Total
		and buildings		proJect	fittings
					R
Cost
At 1 March 2021		430,776		877,415	11,082	1,319,273
Additions				291,070	2,414	293,484
At 28 February 2022		430,776		1,168,485	13,496	1,612,757
Depreciation and impairment
At I March 2021					8,574	8,574
Depreciation charged	in the year				1,827	1,827
At 28 February 2022					10,401	10,401
Carrying amount
At 28 February 2022		430,776		1,168,485	3,095	1,602,356
At 28 February 2021		430,776		877,415	2,508	1,310,699

	Included in the cost of the refurbishment	Included in the cost of the refurbishment	Included in the cost of the refurbishment	project is 625,403 (2020 - E9,502) in respect of borrowing	project is 625,403 (2020 - E9,502) in respect of borrowing	costs
	incurred in connection		with loans taken	out to finance the build.
13	Debtors
					2022	2021
	Amounts falling due		within one year:			E
	Other debtors				12,896	10,406
	Prepayments	and accrued income			3,647	5,143
					16,543	15,549
14	Creditors: amounts		falling due within	one year
					2022	2021
				Notes
	Bank loans			16	10,300	4,167
	Other taxation	and social security			2,626	2,510
	Other creditors				10,000
	Accruals and	deferred	income		15,320	1,320
					38,246	7,997

15	Creditors: amounts	Creditors: amounts	falling due after more than one year	falling due after more than one year
						2022	2021
					Notes		E
	Bank loans				16	327,572	329,732
16	Loans and overdrafts
						2022	2021
						F
	Bank loans					337,872	333,899
	Payable	within one	year			10,300	4,167
	Payable	after one year				327,572	329,732
	Amounts	included above which		fall due after five years:
	Payable	by instalments				278,772	286,190

						m	2'g	2'g		CO	(0	88
						m	LL			O	O	8
						Kl	g)					m
							CV
			C	~		m'v				I	I
			N			0	m VlC	g				E8
							m
				0		m Im						8
			5m
										I	I
					N 'O	'5
			N C8 8 8 c 8 0 6 OI C.C 0 'N'C O) m N g		C8 E 0	NI- ( F	'O Q g			I	I	E E00 08 0x
			8 E	0 ~			g
			BN C dI							(0	(0	o L
			C m m 040. 85							O	O P)	m m88
			Zl	Q		m'0		g				0 C	g o
			m '5	E C								4 E 8 E C o BN
													m
CI LU I-z0 V NI-z LU	CV		8 m g 8 ~ 8 & E	g & 8 m O C N ~ C m	N 'Q C C C 0	0 m Sg						0 ~ 8~ 0 C 8 E 8 n.	o8 0 a ~ p m ~ C
LUI- I- N				mmcK		e	g					8 5 0 O	m 8 N 0 P
V	LI.		8 m N ~ 8 o 0.8 8w			~ g m (Q	o O ~m g			CO O	(0 O CO	m C N 0— C I0
U LLI	LLI	N 'O	8	~0					C8	U)		m CG	m g
I-0 I N LUI-0	0	8 E Ll	8 E FLI	8 V.					e m g8 II.	c o 0		C4 O) .c C Cl	g 0 C 8

				m	Lg	4l	Y)COO& 'ct g ~ lO lO	Y)COO& 'ct g ~ lO lO	Y)COO& 'ct g ~ lO lO	Y)COO& 'ct g ~ lO lO
					P4
		'8	VI 'U					O CO CO	IO 4) W	O OO N CD
		I0
		i 0 S	C CS E dl 0K	OI 3	) o	4t	Nlb/O Vt I CO Y) N N r			CD
		VI
		C Id				4l	CD	W	CD		(O lOO
		CS					lA (O		47	N T	T
						44	CO CO	O N	4 O)	CO O
		0		I					lO						'U C	CSS0
		Id ld				4l	O rl' lO	g LO ~N		CO CO					LLS 0z	C CI 0
		CS	dI E	IN	O										C
		X C	5			4l	CD N N T	'	P) 0 CD	N 0) CD	CO (0 T			C0 Cd 0 U		E E 8S6
Q DZ Z00 NI-Z I- I- th NzI- I-0 Ã I-0Z	CId NO Cl 4. LLI Lu 0	~S 0 S E 8 O'5 S O 0S 0 C SE 8 S I-		~ 5 g al Ql	O N 0 ~		O (0 g N N CD CL -R' Q3 X LLI			Cl	N (O lO	C(00 S CDL0 VI 0 CS S p5 CS CD U)C0 (0 0 'U I0 LL CD C CQ	V)S V) VI CD C C 8S CL0S CL CLS 0 'US S0S IdC0 'U I OS0 QS CL0Z	ldC0' (d ES L VI (d S VI S 0 0 0S CL0X0 C ,)S 0) VI SC00 IS0.0X CD 0 CL L5	'USC E 8SS LL S IdI- I (d C Id0C LL C0 S g. CD N	F 'U C ld C0 CD 8S F C 2 0S 0 ld CSS0 VISC cjS I-

					T CI			CD CD CO	CI	C9	N CI
								CI P)	TN	CD CO	CV CD
								(O			CD
					Oll
					CI
					CV			CI			CI P)
			C
			UJ
			Q '5	'0 LL,	T lN CI CV					CV CD CIA	(D lD CI
										P)	CD
				0				CO CI lA	CV P)		CI P4
											CI
			I						CO		CD
			CUBIC
			~ P		9 CIl			(O CO		CV lA
								CI CO		NP)
								Y
				N	CV						CO
					Fl						C)
			0
			'g	N	CV				'CP CD CI	CO P) CI
			5	L2					CI CD	CO
										CU
			tL
Cl			'0 Q l	N a	CV hl CI bl			lA CD C)	CO		CD LO CI
0V	N hl		NQ ICD
I-		N'0				Q h
	Cl	C				CV CI
		Q				CV
O R	CV4 0					CC2 CiQ LL
						CU			Co	m Q
XI-0 N		C 0 N				N W8 8 M Q Q 03 Q mCQ Q 0I 'CD C O C Q			M Q I CQ ~ 0	C g Q CD C Q a
0R	0