Charlty R8glstratlon No. 1140242 Company Reglstratlon No. 07394756 (England and Wales) Preston Bethany Care Annual Report and Financlal ststements For the Year Ended 31 March 2025
PRESTON BETHANY CARE LEGAL AND ADMINISTRATIVE INFORMATION Operatlng name Bethany House Truytees Mr M R Abbott Dr J A McLaren Secretary Mr J D Hillman ome manager Mrs E Kneale Charlty number 1140242 Company number 07394756 Reglstèred offic9 address 175 Tower Bridge Road London SE1 2AL Operotlon address Bethany House Gamull Lane Ribblelon Preston Lancashi PR2 6TQ Auditor A2ets Audit Servi5 Floor 1, Capital House 8 Pittman Court. Pittman Way Fu400d Preslon Lancashire PR2 9ZG Bankers HSBC Bank PIC Preston 49a Fishergale Preston Lancashire PR1 8BQ Kingdom Bank Ruddinglon Fields Business Park Mere Way Ruddinglon Nottingham NG11 6JS
PRESTON BETHANY CARE LEGAL AND ADMINISTRATIVE INFORMATION Furness Buildlng Society 51 55 Duke Street Barrow in Furnes6 Cumbri• LA14 1RT Virgin Money Jubilee House Gosforth Newcastle upon Tyne NE3 4PL Unity Trust Bank Four Brindley Pla¢• Bimiingham B12JB The Charty Bank Ltd Fosse House 182 High Street Tonbridge TN91BE Cumberland Building Society 90 Fishergate Preston Lancashire PR1 2NJ SollcFtors Napthens Solicitors 7 Winckley Squafe Preston Lan¢ashire PR1 3JD
PRESTON BETHANY CARE CONTENTS Page Trustees, report Statement of trustees. responsibilities Independent auditor's rerh)rt Stslemenl of financial activities 10 Balance sheet 11 Slalement of cash flows 12 Notes lo the financial statements
PRESTON BETHANY CARE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Iru5tees present their annual report and finaneial slalements for the year ended 31 March 2025 The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial staternenls and comply with the charity's Memorandum ol Association. the Companies Act 2006 and "Accounting and Reporting by Charities Statement of Recommended Pracliee applicable to charities preparing their aOuntS in accordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191 Objectives and actlvltles Preston Bethany Care IPBCI is entirely operated by volunteer direclofltrustees who piovide oversight ol the charitable and company qUIrementS for the operation of Bethany House residential care home. The directorl trustees also aim lo widen the reach and care provided to the elderly within the local Christian communty. Bethany House is a c¢)mprehensively equippeé residential cère home for the elderfy, staffed entirely by professional management and eare stsff Bethany House objectives are lo provide care 10 811 residents to a standard of excellence which embraces fundament81 principles ol Good Care Practice, and that this may be wlnessed and evaluated through the practice, conduct and control of quality care in the home. Bethany House is a Christian Home that upholds the pnnciples outlined in the Slalement of Faith of the Evangelical Alliance. Respe¢t and assistanee are given to enable each resident to follow their faith during thgr time living al Bethany House and to encourage them to continue living and serving their particular local church. The home is managed by a general manager together wrth care man8gers and administrative support. Bethany House staff le8m are supported and professionally trained lo.. provi(5e proaclive person cent care for all reSentS. provide personal care which assures all residents and their families of the highest possible quality of life whilst living in Bethany House. be flexible, attentively. non4Yiscriminalory, and respecrful of individual resident rights to independence. privacy. dignity, fulfilment, and the right lo make inforrned choices and to lake risks. ensure that each resident's needs and values are respected ensure that the ¢are setvice as a whole. is delivered in aceordance with agreed Contracts for Care and the individual personal care plan. • manage and deliver a formal programme ol staff planning, selection. recruilmenl, tiaining, personal development and rostering. to enable resident's care needs lo be fully rnet manage the care service efficiently and effectively to make best use of resources ar to maximise value for money for the residents. ensure that all residents and their families receive wrillen information on the Bethany House procedures for handling complaints. comments and compliments. and how to use it.
PRESTON BETHANY CARE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 • ensure that Bethany House provides a secure, relaxed. and homely environment in which individual re. well-being and comfort are of prime importance. preserve and maintsin the dignty, individuality and privacy of all residents within a warm and caring atmosphere, they are sen511ive lo residents, ever changing need5. Such needs may be medical I therapeulie Ifor physical and mentsl welfare). cultural, psychological. spiritual. emotional and social, and residents are encouraged lo participate In the development ol their Individualised care plans in which the Involvefflenl ol family and friends may be appropr18te and is greatly valued lo provide programmes of activities designed to encourage menlal alertness. self-esleem. and social interactlon with other residents, and with recogni110n of the core value5 of Care. which are fundamental lo the philosophy of Preslon Bethany Care and delivered through Bethany House. The above objectives are achieved by.. ensuring that all stsff are appropriately trained and qualified lo deliver the highest stsndards of care delivering a conlinuDUS Staff-training programme which ensure that these high standards are maintained In line with the lalesl initiatives and developments in care practices a5 may be laid down in appropriate legislation. staff working towards PBC ané Bethany House on-going objectives. the Integration of efficient administrative practices with first class standards ol care in accordance with the requirements for registration with the Care Quality Commission and appropriate supplementary regulations The direclorsllrustees aim lo provide sufficient resources to ensure the Bethany House staff team.. are provided with competitive remuneration package5 are provided with the appropriate equipment and materials to fulfil their roles are provided with high quality training work in pleasant, safe working conditions maintain or improve on the CQC Good Inspection rating support Lancashire County Council by, providing affordable residential care for elderfy residents from the local community The diTe¢lorltrustee5 recognise the importance that the staff team fulfil in terms of delivering high quality resident care. In recognition ol the staff roles the direclorrtrustees are continually reviewing and improving the environment and condilions In OTder to enhance staff engagement and satisfaction Fundamental Etho$ of PBC PBC'S fundamental ethos are that residents who live in Bethany House should be able lo do so in aceordance with the P8C's Statement of Values which include the following key requirements, lo. uphold the principles OLrtlined in the Stslement of Faith of the Evangelical Alliance. maintain residents, rights with specific focus on helping them to maintain their privacy ancl dKJnily. support residents to maintsin their independence within a secure Safe environment provide resident care In accordance PBG 'ctsre values of care" lo help residents live fulfilled lives, The directorltrustees recognise the significance and value of Charity Commission Icc) guidance and they aim to incorporate CC guidance and recommendations wrthin their oversight roles.
PRESTON BETHANY CARE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Publlc benefit PBC recognise the Importance ol providing benefits to the Communities that the charity serve5. Gvidance provided by the Charity Commission specifically identifies requirements lo provide public benefit" PBC fulfils this Public Benefit dirty via a number of concuirenl initiatives, including financially supporting a number ol local authority residents who would not normally be able lo affDrd the fee5 al Belhany House PBC delivers this via their fee "lop up" funding which is used lo make up the shortfall in funding between the Local Authority funding and the accommodation fees. providing good quality work for local community staff. The curn1 directorsltruslees (like their predecessors) recognise that". the original costs of building Bethany HoLtse were largely mel by gifts received via Preston Bethany Trust, thus redueing operating costs be¢avse there were no repayment or interest Costs. their on-going voluntary work enables public benefit lo Continue. whilst maintsining competitive rates fof the care provided Bethany House residents benefit significantly from the reduced oper81ional Costs ol Bethany House. There is an insatiable need for local authority care, so the directorllruslees try lo avoid cre81ing 'restyJenl quot8S which could be perceived as benefitting either priv*e funding or local authority funded residents. Achlevements and performance Directorsltrustees are pleased lo have been able lo Continue lo maintain PBC financial stability Continue to maintain and enhance Bethany Housè, lo provide a homely welcoming environment lor residents. staff and residents families Fulfi the aims and objectives in the statement of purpose and consolidate the developments from preceding years and to maintain business slabilily. Consolidate PBC current position and develop vision and strategy. Continue to raise the profile ol the charity In the Christian community and develop links with local churches Continue to improve the physical environment of Bethany House. Strengthen the Christian profile DI the organisalion and further develop pastoral care PBC Oble¢llves for 2025126 Continue to strengthen the charity board of directors to establish a team of individuals who will.. Continue lo maintain PBC financial stability. Continue to maintain and enhance Bethany House, to provide a homely welcoming environment fty residents. staff and residents families. Fulfil the aims and objectives in the statement ol purpose and consolidate the developments from preceding years and lo maintain business stability. Consolidate PBC Current position and develop vision and strategy Continue lo r81se the profile of the charity in the Christian community and develop links with local Churches. Continue lo improve the physical environment of Bethany House. Strengthen the Christian profile of the organisalion and further develop pastoral eare. Embell into The Pilgrims Friend policies and processe$ Financial revlew The accompanying accounts show a surplus for the year of £88.413. This surplus Is due lo occupancy Levels in the year boosting IncoTne The attached accounts show the curyenl slate of the finances which the trustees consider lo be sod. The trustees are satisfied that the asset5 of the charity are available and adequate lo fulfil the obligations of the Charity. They a also satssfied that the aceounls comply with curienl slalulory requirements and with the Memorandum and Articles of Ass¢xialion
PRESTON BETHANY CARE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Reser49s pollcy In accordance with guidelines issued by the Charity Commission the level of reserves Is considered and reviewed at regular intervals by the trustees The Iruslees have previously adopted a policy whereby the unreslrided funds not committed OT Invested in tangible fixed assets held by the charity, should be broadly equivalent lo 12 months ol expenditure. This level of reserves has been sel because ol the unknown Impact on future years of COVID-19 and inftation. For the current year this would be in the region of £1.100,000 and the current free reserves of the charity are £1,137.260 (Note 161. Under the Memorandum and Articles of Association, the charity has the power to invest any surplus liquid funds as the directorsllruslees see fil. The charily has had a policy of keeping such lunds In short 8nd medium term deposts which allows the chanty lo access the funds rapidly. Risk Review The directorsltruslees recognise the crucial role that they fulfil in minimising risks lo the charity and the community they serve. The directorllrustees used the Charity Commission ICC) guidance lo Continue with their nsk mitigation of P8C risks.. The review identified a vanety of risks and the associated mrtigalions. the most Slgnificanl findinglconclusions are sumnarised below.. The director trustees rewgnise that COVID-19 presented a lower risk to the charity The global Impacts, especially following Russia's invasion of Ukraine in February 2022, and the Palestinian attacks In Israel during October 2023. The review did not Identify any major issues which were nol already being mitigated. bul the review diij highlight some opportunities lo improve processes and these are being progressed as required. Wnere new specific risks were identified Ihese are be mitigated as required below Identification and mitigation of major risk5'. Closure ol Bethany House following a fire or other major trauma This risk Is incredibly diificull lo plan Ihe precise mitigation measure required, but it is envisaged that the Insurance policy is Sufficient lo provide some confidence that appropriate alternative accommodation will be provided as required. Closure of the home by external bodies The direclorllrustee5 closely monitor how Bethany House is perfotming via a number o13rd party registration bodies. These provide the direetorllruslees with some ongoing assurance that the current Care Quality Commission requirements are being fulfilled. Loss of computer helll data - cornputer data Is backed up constantly using an online backup service Loss of income due to falling occupancy The directorltruslees closely monitor occupancy levels (generally in excess of 950AI, this helps them lo plan budgets. 5tsffing levels and fLrture developments. structure, governance and managoment The organisation is a charitable company limited by guarantee. incorporated on 2nd October 2010 and registered as a charity in February 2011 The company was established under a Memorandum of Association which established the objects and powers of the ch8nlable cornpany and Is governed under ils articles of association In the event of the company being wound up. members are required lo contribute an amount nol exceeding £10. The eompany was formed lo tske the assets and responsibilty lor rnanagemenl ol the residential care home Bethany House. This was previously operated for many years by Preston Bethany Trust, a charity founded in March 1981. On 1 sl April 2011 the assets and responsibility for management of Bethany House was transferred from Preston Bethany Trust to Preston Bethany Care. antl subsequently Preston Bethany Trust was removed from the Charity Commission register of charities.
PRESTON BETHANY CARE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees who served during Ihe year were.. Ms J Kay Ichaiiporsonl MrA Wtighl Mr S Henderson (Treasurer) Dr. P Johns Miss S Eiheringion Mr M R Abboll Dr J A McLaren (Resigned 1 April 2025) (Resigned 1 April 20251 IResigned l April 20251 (Resigned l April 20251 (Resigned 1 April 20251 (Appointed 1 April 20251 (Appointed 1 Apfil 20251 Subsequent events On 1st Apiil 2025 Preston Bethany Care joined The Pilgrims Friend Group as a l(X)°k subsldiary of The Pilgrims Friend Group. Appointment of Tru$tèes On 1st April 2025 Preslon Bethany Care ined The Pilgrims Friend Gioup Ès a 100% subsidiary ol The Pilgrims Frrend Group. Al this poinl Mr M R Abbolt 2nd Dr J A Mclaién, both trustees of The '19¥1m$ Friend Group joined the Btsard. The d)aiity by ordin8ry resolulion anLt wilhoul prioi written consent of Ihe Parent, can appoint a trustee and delerrnine the rotaln in which any addilional directors aTe lo retire. The numbèr of trustees shall not be less Ihan two and not more Ihbn twelve (unless otherwse de18rmined by ordinary resolulionl. All Irust?es give Iheir time voluntarily and re1ve no benefii from the charily. Trustee induction and tralnlng On appointment new IIu51ees are inducted in the workings of the charity. Inforrnalion on the role and responsibilities of a Ifuslee is given by promsion ol appropriaie Charity Commission infortnalion. All trustees rèceive a DBS check prior l018king up rèsponsibililies. Auditor Azets Audit Services were appointed as auditor lo the company. Going forward. a resolulion will be pui loward proposing Ihal Xeinadin Audit Limiled be aPPCAnled al a General Meeting. Dlsclosure of infom)ation to auditor Each ol the Irustees h85 confirmed that there 15 no infoimalion of which they are aware which Is relevant lo the audit, but of which the auditor is unaware. They have furfher confirmed that they have t8ken appropiiale sleps to identify such ielevanl infoiThalion and lo e$lab115h that the auditor Is aware of such information. The Irusiees, report was approved by the Board ol Trustees. M R Abbott Trusiee Date.. l?. D 7.-..z.oZ.g.....
PRESTON BETHANY CARE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees, who are a150 the directors of Preston Bethany Care for the purpose of company law, are resp0nsltre for preparing the Trustees, Report and the aceounls In accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practscel Gompany Law require5 the Ifuslees to prepare 8¢counts for each financial year which give a true and fair view ol the slate ol affairs of the charity and ol the Incoming resources and application of resources. incljding the income and expenditure, of the tharilable company lor that year In preparing these accounts. the trustees are required lo.. sele¢t suitablè accounting policies and then apply them eonsislently". observe the methods and principles in the Charities SORP", make judgements and estimates that are reasonable and prudent., and prepare the accounts on the going concern basis unless il is inappropriate lo pSuMe that the tharily will continue in operation The Iruslees are Tesponsible for keeping adequate accounting records that disclose with reasonable aecufacy al any lime the financial position of the chanly and enable them lo ensure that the accounts comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of the charity and hence fof tsking reasonable steps for the prevention and detection ol fraud and other irregularities. The Iruslees are responsible lor the maintenance and inlegrily of the charty and financi81 information included on the charity's websile Legislation in the United Kingdom governing the preparation and dissemination ol financial slalements may differ from legislation in other jurisdictions.
PRESTON BETHANY CARE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF PRESTON BETHANY CARE Oplnion We have audited the financial slalemenls of Preston Bethany Care Ilhe 'charity'l for the year ended 31 March 2025 which comprise Ihe statement ol financial activities, the balance sheet. the statement of cash flows and notes lo Ihe financial statements. Including significant accounting policies The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, Including Financial Reporting Standard 102 The Financial R&porting standa applicable in the UK and RepublK of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion. Ihe financial slalements.. give a true and fair view of the slate of the charitable company's affairs as at 31 March 2025 and ol Ils incoming resources and application of resources, including its ineome and expenditure, for the year then ended. have been properly prepared in awrdance wilh United Kingdom Generally Accepted Accounting Praclit%,' and have been Prepared in accordance with the requiTemenls of the Companies Act 2006. 8asls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those slandards are further described in the lluditorfs SpOnsIbl1111es for the audil ol Ihe financi81 slalemenls section ol our report. We are Independent of the charity in accordance with the ethical requirements that are relev3nl lo our audit of the financial statements in the UK. Including the FRC'S Ethical Standard, and we have lulfilled our other ethical responsibililies In accordance with these requirement5 We believe that the audit evidence we have obtained is sufficient and appropnale lo provide a basis for our opinion. Conclusions relatlng to going ¢on¢em In auditin9 the financial slaternents, we have concluded that the Irustees, use of the going concem basis of accounting in the preparation ol the financial statements Is appropriate. Based on the work we have perfomed, we have not identified any material uncertainlies relating to events or conditions that. individually or collectively, may cast significant doubt on the charity's ability lo continue as a going concern foi a period ol at least twelve months from when the financial slalemenls are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo goin9 concem are described in the relevant sections of this report. Other infomiatlon The olhei information comprises the inforrllalion included In the annual report other than the finarKial statements and our auditor's report Ihereon. The Iruslees are responsible for the other Inlomalion contained wlhin the annual report. Our opinion on the financial slalements doe5 not cover the other information and, except lo the extent otherwise explicitly ststed in our report, we do not express any form of assurance conclusion thereon. Ouf responsibility Is lo read the other Information and. in doing so. consider whether the other infomiation is materially inconsistent with the financial slalemenls or oui knowledge obtained in the course ol the audit. or otherwise 8ppears to be malenally rnisstaled. If we identify such material inconsistencies or apparent material misstalemenls, we are required lo determine whether this gives rise lo a material misslalement in the financi81 stslemenls themselves If, based on the work we have performed, we conclude that there Is a material misslalemenl of thi5 other Inlormalion, we are required lo report that fact. We have nothing lo report in this regard. Oplnlons on other matters pre$¢ribed by the Companles Act 2006 In our opinion, based on the work undertaken in the Course ol our audit.. the information given in the Iruslees. report for the finan¢ial year for which the financial statements are prepared, which indudes the directors, rep¢)rt prepared for the purposes of company law. is consistent with the financial stslemenls.. and the directors, report included within the Iruslees. report has been prepared in accordance with applicable legal fequirements.
PRESTON BETHANY CARE INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE MEMBERS OF PRESTON BETHANY CARE Matters on which we aro required to report by exceptlon In the light of the kno¥edge and understanding of the charity and ils environment obtained in the course of the audit. we have not identified material misstatements in the directors, report included wrthin the trustees, report. We have nothing lo report In respect of the followin9 mallers in relation lo which the Companies Acl 2006 requires us to report lo you il. in our opinion. adequate accounting records have not been kept. or returns 8dequate for our audit have not been re¢eived from branches not visited by us.. or the financial slalemenls are not In agreement wrth the accounting records and returns., or certain disclosures of Iruslees, remuneration specified by law are not made." or we have not received a11 the information and explanations we require lor our audit". or the trustees were not enlrtled lo prepare the financ181 slalemenls In accordance with the small companies regime and lake advantage ol the small companies, exemptions in preparing the trustees. report and from the requirement to prepare a strategic report. Responsibllitles of trustees As explained more lully in the statement of Iruslees, responsibilrties. the Iruslees, who are also the direetors ol the charity for the purpose of company law, are responsible for Ihe preparation of the financial statements and for bein9 satisfied that they give a true and lair view. and for such intemal control as the trustees deterniine is necessary to enable the preparation of financial slalemenls that are free from material misstalemenl. whether due lo Iraud or error In preparing the financial stalemenls. the trustees are responsible lor assessing the charity's ability to continue as a goin9 concern, disclosing, as applicable. mallers related to going concern and usin9 the going concem basis of accounting unless the Iruslees either intend lo liquidate the Charitable company or lo cease operations. or have no realistic attemalive bul lo do so. Audltorfs r8sponsibilities for the audit of the financial statements Our objectives are lo obtain reason8ble assurance about whether Ihe financial statements as a whok are free from material rnisslalemenl, whether due lo fraud or error, 8nd lo issue an auditor's report th81 includes our opinion Reasonable assurance Is a high level ol assurance bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material miss181ement when Il exists. Misstatements can arise trom fraud or error and a considered material rf. individually or In the aggregate, they could reasonably be expected lo Influence the economic decisions ol vsers taken on the basis of these financial sl*emenls. A further description of our sponSibl11t1eS is available on the Financial Reporting Council's website al https.'Il www.Irc.org.uklauditotsresponsibilities. This descriplion forms part of our auditor's report.
PRESTON BETHANY CARE INDEPENDENT AUDITOR'S REPORT ICONTINUED) TO THE MEMBERS OF PRESTON 8ETHANY CARE Extent to vthlch the audSt was considered capable of detectlng irregularltles, Including fraud Irregularitie5, including fraud. are instances of non-ctrmpliance with laws and regulalions. We design procedure5 in line with our responsibilities, outlined above and on the Finan¢ial Reporbng Council's website. to detect material misslatemenls in respect of irregularities, including fraud. We obtain and update our underslanding of the entity, ils activities, ils control environment. and likely future developments, including In relation to the legal and regulatory framework applicable and how the entity Is complying with Ihal framework Based on this understanding, we identify and assess the risks ol material rnisslalemenl of the financial statements, whether due to fraud or error, design and perform aLJdit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for Oljf opinion. This includes consideration of the risk of acts by the enlily Ihal were contrary lo applicable laws and regulations. including fraud. In response lo the risk of iTregularrties and non-compliance bwth laws and regulations. including fraud. we designed procedures which Included. Erouiry of management and those charged with govemance around actual and potential lrtigation and claims as well as actual. suspeded and alleged fraud.. Reviewing minutes of meetings ol those charged with governance". Assessing the extent of compliance wrth the laws and regulations considered lo have a direct material effect on the finaneial slalemenls or the operations of the enlrty through enquiry and inspection., Reviewing financial slalement disclosures and testing lo supporting documentation to assess compliance with applicable laws and regulations", Performing audit work over the risk of management bias and override of controls, including testing of journal enliies and other adiuslmenls for appropriateness, evaluat1ng the business rationale of significant transactions outside Ihe norm81 course of business and reviewing accounting estimates for indicators of potential bias Because of the inherent limitations of an audit, there is a risk Ihal we will not delecl all irregularities, induding those leading lo a material misstalemenl in the financial statements or non-compliance wlh regtjlation. This risk increases the more that complian¢e with a law or regulation is removed from the events and transactions reflected In the financial statemen15, as we will be less likely to become aware of instances ol noTrcompliance. The risk of not deleding a material rnisslatemenl resulting from fraud Is higher than for one resulting from error. 8s fraud may Involve collusion. forgery, intentional omissions, misrepresenlalions. or the override ol Internal control. Use of our roport This report Is m8de solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our au(Jil work has been undertaken so that we might state lo the charilatle company's members those matters we are required to 51ale to them in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume re5ponsibilily to anyone other than the charitable cornpany and the charitable company'$ members as a body, for our audit work. for this report. or for the opinions we have formed. kvuCQ Julle Fllntoff BAIHon$l FCA Isenior Statutory Auditor) for and on behalf of Azets Audlt Servlces Chartered Accountsnts Statutory Auditor Floor 1, Capitsl House 8 Pittman Court, Pittman Way Fulwood Preston Lancashire Unrted Kingdom PR2 9ZG
PRESTON BETHANY CARE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Unrestrlclgd funds funds 2026 2024 Notes Donations. legacies and grants Chanlable activities Investments 5.908 1,158,922 30,544 1,220 1.084.338 14.334 Total Incom& 1.195,374 1.099.892 Chanlable activ%ties 1,111,830 1.032.418 Net Income for the yearl Net movement in funds 63.544 67,474 Fund balances a11 April 2024 1,461,744 1.394,270 Fund balances at 31 March 2025 1.545,288 1.461.744 The slalemenl of financial activities Includes all gains and losses cogniSed in the ye8r. All income and expenditure éerive from Continuing activities. The $18lement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 10-
PRESTON BETHANY CARE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Intangible ass81s Tangible assets 10 ql 273 407,755 340 411,685 408.028 412,025 Currènt assets Dèbiors Cash at bank and In hand 12 5,479 1,182,032 8,258 1.113,769 1,187.511 1,122.027 Credstors.. amounts fallin9 du6 within one yoar 13 150,2511 172,3081 Nei eurrenl assets 1,137,260 1.049.719 Total assets lèss current liabllitles 1,545.288 1.461,744 Income funds Unr ricte Designated lund5 General unrestricted funds er 15 408.028 1,137.260 412.025 1,049,719 1,545,288 1,461,744 1,545,288 1,461.744 The financial st8lemenls were approved fjy Ihe Truslees on M R Abbott Trustee Company registratlon number 07394756
PRESTON BETHANY CARE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flovm from operatlng actlvltlgs Cash generated from operations 21 49,042 76.364 Investing activities Purchase of tangible fi'xed assets Interest received 111,3241 30,544 {23,8391 14,334 Net cash generated fromllused in) Investing activltles 19,220 19.505) Net cash used In financlng actlvStles Net Increase In cash and cash equivalents 68,262 66.859 Cash and cash equivalents al beginning of year 1.113.770 1,046.910 Cash and cash equlvolents at end of year 1.182,032 1.113,769 12
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcies Charlty Infomiatlon Preston Bethany Care is a private company limited by guarantee incorporated in England and Wales The registered office is 175 Tower Bridge Road, London, SE1 2AL. Unrted Kingdom. 1.1 Accountlng convention The financial statements have been prepared in accordance with the charity's Memorandum of Associalion, the Companies Act 2006 and "Accounting and Reporting by Charities. Slalemenl of Recommended Practice applicable lo charities prepanng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January 20t91" The charity is a Publie Benefit Entity as definecl by FRS 102 The accounts are prepared in Sterfing, which is the functional currency ol the charty Monetary amounts in these financial slalements afe rounded lo the nearest £. The financial statements have been prepared under the historical cost convention. Th¢ principal 8ccounting policies adopted are set out below. 1.2 Golng concern At the lime of approving the financial stslernents. the Irusl8es have a reasonable expedalion that the charty has allequate fesource5 to continue in operational existence lor the foreseeable future Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unreslricted funds are available for use al the di5erelion ol the trustees in furtheran of their charitable objectives. Designated lunds eompnse funds which have been set aside at the discretion of the trustees for srecific purposes The PL¢rposes and uses ol the designated funds are sel out in the notes to the financial stslemenls Restricted funds are subject to specific conditions by donors as lo how they may be used 1.4 Income Incoming resources ffom charitable activities wmprise resident fees accounted for In the period lo which the service is provided Fees paid for care after the year end are carried forward as deferred income. Voluntary income received by way of donation5 is included in incoming iesources on a receivable basis Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution. the amount is known. and receipt Is expected If the amount is not known, the legacy is treated as a conlingenl asset. Grants receivable are recognised on a perfomiance basis when all conditions have been fUr11ed. Investment income In the form of bank interest is credited when receivable. 13-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policle$ Iconllnuedl 1.6 Expendlture Expenditure is accounted for on an accruals ba515, Inclusive of VAT which cannot be recovere(I The expenditure on charitable activities Includes the costs of running the home, support and govemance costs which have been alloc8led to the only charitable activity which is the provision of care lo residents ot Bethany House Governance costs compnse all costs including the public accounlabilily ol the charity 8nd il's compliance wlh regulation and go¢xl practice. These costs include costs related lo independent examination and Seg81 fees together with Iru51ee insurance. 1.6 Intangible fixed assets other than goodwlll Intang1ble assets acquired separately from a business are recognised at cost and are subsequently measured al cost less accumulated amorti$ation and accumulated impairment k)sses Amortisation Is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives ¢)n the following basès". Trade marks 10% Slraighl line 1.7 Tangible flxed assets Tangible fixed assets are In'allY measured al cost and subsequently measured al cost or valuation. net of depreciation and any impairment losses. The trustees do not apply a minimum value on items that will be recognised as fixed assets. The trustees review the fixed assets anLI the general decor of the home on a quartedy basis and Implement a polity of repairs or replacement as necessary in the best interests of the charity Depreciation is recognised so as to write off the cost or valuation of assets less their residual volues over their useful lives on the following bases. Leasehold land and buildings Plant and equipment Fixtures and fillings Computers Furniture and equipment Over the lrfe of the lease 15% Straight Line 20% Reducing Balance 33.30/0 Straight Line 20% Reducing Balance The gain or loss arisin9 on the disposal of an asset is determined as the difference betsveen the sale proceeds and the carrying value Df Ihe asset. and is recognised in the stslement of finanei81 activities. 1.8 Impalrmgnt offixtd assets Al each reporting end date, the charity reviews the caryying amounts of ils tangible and Intangiblè assets to determine whelher there is any indication that those assets have suffere(l an impairment loss If any such indication exists. Ihe recoverable amount of the asset is estimated ln order to determine the extent ol the impairment loss lil any). 1.9 Cash at bank Cash and cash equivalents Include cash In hanLI, deposits held at call with bank$, other short-term liquid investments wth original malurilies of three months or less. 14-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcSes {Contlnugdl 1.10 Financial Instruments The charity only has financial 8ssels Idebtors, cash and bank balances) and liabilities (creditors and ac¢rualsl ol a kind that qualify as basic financial instruments They are initially recognLsed al transaetion value and subsequently measured at their settlement value. 1.11 Employee beneflts The cost of any unused holiday enlitlemenl is recognised In the period in whieh the employee's services are reeeived. 1.12 Retirement bènefits The company operates a defined conlnbulion scheme for employees The assets of the scheme are held separalely from those of the charty. The annual conlnbulions are charged as an expense as they fall due. 1.13 Value added tax VAT is not recove¥able by the Ch8rity. and as such is included in the relevant costs in the Statement of Financial Activities Donatlons. legacles and 9rants Unrestricted Unrestricted funds funds 2025 2024 Donations and gift5 5,908 1,220 Charitable activities Unrestricted fund$ 2025 UnrestrS¢ted funds 2024 Residenlial fee5 1,158.922 1,084,338 Investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 30.544 14,334 15-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltsble ictivities 2025 2024 Staff costs Depreciation, amortisalion and loss on dispoal ol fixed assets F¢Jod & consumables Heal & light Rates Re51 home insurance Regislralion & other fees Telephone 823.701 15.320 62.009 78.790 7.937 10.695 5.645 878 756.964 11.464 62.598 82.920 6.997 9.606 9.470 811 Fll Printing. postage, 5talionery & advertising Repairs & renewals Motor expenses Miscellaneous Gardening Clinical waste Quality assuran costs Training Bank charges 4,162 45.722 533 963 3.775 5.554 5.004 2.467 200 4,112 44.349 467 2.145 4.079 6.215 5,947 4.656 193 Governance costs". Accountancy Independent examinalionlaudit Legal and professional Trustee insurance 5.779 8.000 22.167 2.529 5.824 5,000 6.072 2,529 1.111,830 1.032.418 Analysis by fund Unreslricled funds - general 1.111,830 1.032.418 1.111,830 1.032,418 Trustees None of the Iruslees lor any persons connected wth them} rèceived any remuneration or benefits from the harity during the year. Insurance premiums during the year amounting lo £2,529 12024.. £2.5291 were incurred by the charity in respect of indemnity Insurance for the trustees During the year the charity paid Slephenson & gth1 Limrted £2,56712024. £6.4541 for building maintenance Andrew Wright. a director and Iruslee. is a diredor and shareholder of this company. The expenditure is shown within pairS. No amounts were outstanding at the year end 16-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees Number of employees The average monthly nLsmber of employees during the year was.. 2025 Numb9r 2024 Number Management and administration CateTing Care assistantslnurses Pastoral care 33 32 42 41 Employment costs 2025 2024 ges and salaries Other pension cost5 805.312 18,389 739,910 17,054 823.701 756,964 There were no employee5 whose annual remunerab'on was £60,000 or more. Taxatlon The Charity Is exempt from tax on Income and gains falling within section 505 01 the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. Audltorfs remungration Fe•s payable to the charity's audltor and as50clates: 2025 2024 Audit of the charity's annual accounts 5,775 5,250 Non-audit servlcfrs All other non-audit serviees 4,570 4,320 17-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 10 IntanglblÈ fixed assgts Trade M•9 Cost At 1 April 2024 and 31 Mafch 2025 670 Amortlsatlon and Impalrrnent Al 1 April 2024 Am0'sation charged for the year 330 67 Al 31 March 2025 397 Carylng amount Al 31 March 2025 273 At 31 Mafch 2024 340 18-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Debtors 2025 2024 Amounts falllng due wlthin one year: Prepayments and aCcd income 5,479 8,258 13 Credllors.. amounts falllng due within ong ygor 2025 2024 Other t8xalion and social security Accruals and deferred income 9,674 62,634 50.251 50.251 72,308 14 Deferred Income 2025 2024 Residents Fees Received In Advance 20.124 18.011 15 D6slgn3ted funds Balance at 1 Aprll 2023 Resources expended Transfers Balance at 1 April 2024 R¢$ources expended Trar*f¢rs Balancg at 31 MarGh 2025 Fixed assets 399.650 111.4641 23,839 412.025 115.3211 11,324 408,028 399.850 111.4641 23,839 412.025 115.3211 11,324 408.028 The general reserve is the free reserves of the eharily after allowing for all designated funds. Thè des1gnaled fixed asset fund is the value ol the unreslricled fun¢Js represented by the tangible and intangible assets of the charity. The resources expended represents the annual depreciation charge. amortisalion chafge, and the disposal of the fixed assets. The transfer from the free reserves arises when funds are spent on fixed assets. -20-
PRESTON BETHANY CARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 16 Analysls of net assèts betrNeen funds Gengral Designated re$erves reseNes 2025 2025 General Designated reseryes reserves 2024 2024 Fund balances al 31 March 2025 are represented by Intangible fixed assets Tangible assets Current assetsllliabililiesl 273 407,755 340 411,685 1.137,260 1.049,719 1.137.260 408.028 1.049,719 412,025 17 Related party transactions Remuneration of kèy management personnel The remuneration ol key management personnel is as follows. 2025 2024 Aggregate ¢ompensation 63,265 50,398 18 Taxation The charity is exernpl from lèx on ils charitable 8clivilies 19 Company Ilmlted by guarantee The charity Is a company limited by guarantee and has no share capital The liability of members in the event of a winding up is limiled to £10 per member. 20 Analysis of changes In nèt funds The charity had no debt during the year. 21 Cash generatgd from operatlon$ 2025 2024 Surplus for the year 83.544 67,474 Adjustments for. Investment Income recognised In slalement of financial activities Depreciats'on and impaimenl of tangible fixed assets 130.5441 15,320 114.3341 11.464 Movements in working eapit81'. Decreasellincreasel in debtors IDecreasellincTease in creditors 2.779 122.0571 12.6851 14.445 Cash generated from operations 49.042 76.364 21