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2022-03-31-accounts

WOODLANDS QUAKER HOME 76th ANNUAL REPORT 2021/2022

Woodlands Quaker Home Trustee Directors

Dot Hull Retired Social Worker Stourbridge Quaker Meeting

Peter Collard Outreach Teacher

Chairperson Julia Furminger Retired Pharmacy Technician

Stourbridge Quaker Meeting

Nicholas Paton-Philip Retired Social Worker

Dr Richard Taylor Retired General Practitioner Bournville Quaker Meeting

Stourbridge Quaker Meeting

Front cover – Resident Frances celebrating her 90[th] birthday in the garden with her daughter March 2022

CHAIRPERSON’S 2021/2022 REPORT

The social care sector has endured immense challenges since the start of the pandemic, we were therefore pleased that financial support from the government continued in 2021/2022 through the Adult Social Care Infection Prevention Fund and Workforce Grants.

The introduction of Covid-19 vaccines and boosters supported our recovery and demand for our services grew, however the Omicron variant of Covid-19 did impact the organisation with the first case being confirmed on 24[th] December 2021, identified through routine staff testing. The variant proved to be highly contagious and unfortunately that first case was the beginning of an outbreak which progressed into January 2022. The home was closed to visitors and new admissions for the period 13[th] January 2022 to 4[th] February 2022, however despite this setback the occupancy rate for the home increased from 92% in 2020/2021 to 95% in 2021/2022.

The pandemic, compulsory vaccine legislation together with a demand for labour in other sectors made recruitment and retention extremely challenging during the year. In a measure to attract new staff and stabilise the existing workforce we agreed to a 1.5% interim pay increase to all staff from November 2021 and from April 2022 our minimum hourly rate will increase to £9.90 per hour to meet our target as a ‘Real Living Wage’ employer.

The introduction of the governments ‘Living with Covid’ plan towards the end of the financial year enabled visits without restrictions, it was lovely to see residents have increased social interaction and once again enjoy the company of others without limitations.

We express our thanks to our staff who have yet again worked through extremely challenging times, showing resilience, dedication, and a love for their profession.

The pandemic has highlighted and exacerbated historic issues within the Adult Social Care Sector, and we welcome the governments proposed adult social care reform and increased investment in the sector.

.

Julia Furminger

MANAGER’S 2021/2022 REPORT

The Care Quality Commission (CQC) suspended their routine inspection programme in March 2020; this was in response to Covid-19 and during the year we were notified that CQC did not intend to resume full inspections in the immediate future. Instead CQC used a combination of on-site and off-site monitoring to ensure the public have assurance as to the safety and quality of care. As society emerges from the pandemic, they continue to further develop a monitoring approach. In accordance with this CQC reviewed data for Woodlands Quaker Home during 2021/2022 and found no evidence that would require a full inspection or a reassessment of the Woodlands rating of ‘Good’.

On 3rd June 2021, the Infection Prevention Team inspected the home. There were no concerns regarding the overall cleanliness of the home. It was stated in the report that the care home had very good, robust infection prevention measures, PPE was adequate throughout the home and staff were observed adhering to the correct use of PPE. The overall score was 92% compliance.

On 11th November 2021 Covid 19 vaccinations for people working/deployed in care homes became a legal requirement. Throughout the pandemic Woodlands has done a phenomenal job to support and protect those at risk. We have risen to the unprecedented challenge and have gone above and beyond the call of duty for the residents in our care. Although there was a strong take up of the vaccination amongst our staff there were a number of care staff that had chosen not to have the vaccine. This had a direct impact on staffing despite the best efforts of senior staff and the Infection Prevention team to support and encourage care home staff to take up the vaccine. As a consequence of the new regulation Woodlands and other care providers lost several staff.

I understood why the Government had taken this decision as it was vital to get as many people as possible protected against Covid-19. However, it was with some relief that the vaccination legislation was reversed in March 2022 as recruitment had become difficult enough without the added burden of the vaccination legislation.

Woodland’s Deputy worked with an Advanced Nurse Practitioner to roll out ‘FREED’ (Frailty, recognising, end of life, escalating documentation) processes so that residents have an individual plan based on the Edmonton Frailty Assessment used to detect deterioration in residents and to access support from other health care professionals.

Do not attempt resuscitation forms (DNAR) were replaced with RESPECT forms (Recommended Summary Plan for Emergency Care and Treatment). It is a process that creates personalised recommendations for a person’s clinical care and treatment in a future emergency where the person is unable to make or express their choices. These recommendations are created through conversations between a resident, their families and health care professionals working with them to understand what is important to them and what is realistic in terms of their care and treatment. The RESPECT process can be for anyone with increased needs or is likely to be nearing the end of their life.

Throughout the year there were regular enquires from individuals looking for long term residential and shorter periods of respite care as well as supported housing.

As the care home adapted operationally during the pandemic one of the fundamental difficulties was for residents to enjoy activities, company, and social inclusion. Staff have been stretched with the complexities of the pandemic and this coupled with restrictions has meant that it has been very difficult to implement activities which are a fundamental part of ensuring the well-being of residents. It was therefore a huge relief when restrictions were relaxed as we could once again hold group activities, it was wonderful to witness the smiles on residents faces and have the home bustling with activity once again.

Bev Price

ACTIVITIES AND SOCIAL INTERACTION INCREASED DURING THE YEAR FOLLOWING THE EASING OF COVID-19 RESTRICTIONS

Easter Cake making & Easter Bonnets April 2021

Reminiscence Interactive Therapy System (RITA) May 2021

Stone Painting June 2021

Miss Beth Belle performing August 2021

‘Sounds of Musicals’ Performance in the garden September 2021

Flower arranging October 2021

Halloween 2021

Christmas 2021 Spring Coffee Morning March 2022

FINANCE MANAGER’S 2021 2022 REPORT

There were six voids in the home at the beginning of April 2021. Confidence in care homes grew following the success of the Covid-19 vaccination roll out and subsequent booster programmes and residents gradually moved into the vacant rooms during the first quarter. Turnover was high, however an overall occupancy rate of 95% was achieved for the home. This was a particularly good result given the number of voids at the start of the financial year and the closure of the home for 3 weeks at the beginning of 2022 due to an outbreak of the Omicron variant of Covid-19.

Staff recruitment and retention was extremely difficult made worse by Covid-19 vaccination legislation introduced in November 2021. This resulted in four members of staff leaving the Woodlands and unfortunately the organisation operated with an average vacancy rate of 10% for care staff positions. The use of agency staff was therefore very high, although some of these costs were offset by the Adult Social Care grants received. Staff were exhausted and feared a reoccurrence of Covid-19 related difficulties that impacted the organisation during Autumn/Winter 2020. A 1.5% interim pay increase in November 2021 was welcomed by staff and boosted morale. The government reversed the vaccination legislation for CQC regulated care homes on 15th March 2022 and we welcomed back two members of staff who had resigned because of the legislation.

Towards the end of August, a digital signing in system was introduced to deal with the increase in visits following the relaxation of visiting restrictions. Visitors would need to answer a series of Covid-19 questions, input the details of their lateral flow test and temperature. The new system was welcomed and eased the pressure on the administration team. The system was also another step towards replacing paper records with digitised systems.

A fire risk assessment review was undertaken in November 2021; the majority of requirements arising from the report were carried out internally although one of the recommendations was for fixed electric boards in the home to have 30-minute fire rated covers which proved to be quite costly.

The 5-year electrical condition report for the home was undertaken in October 2021 and 30 RCD sockets had to be installed before the certificate could be issued. External lighting for extra security was installed and some outdoor bulkhead lights which are part of our emergency lighting system were replaced.

The Maintenance shed was totally refurbished, and security improved and maintenance work increased following easing of restrictions for contractors entering the home. We also welcomed back Community Payback to assist the gardener in the grounds.

Covid-19 cases were significantly lower than in 2020/2021 therefore expenditure on infection prevention measures and PPE reduced and we continued to use our allocation

through the NHS PPE portal as the Department of Health & Social Care extended the portal to allow free PPE for eligible users until March 2023.

During the year it was noted that there had been considerable increases in food prices. Russia’s invasion of Ukraine on 24th February 2022 impacted food supply which increased food prices further and by the end of the financial year the home had overspent by almost £7000 on the food budget due to food price inflation.

The main lift was out of action for the period 23rd February to 18th March. A part needed for the repair had to be shipped from Italy and due to transportation difficulties, this took longer than expected. Once again staff are to be commended for the way in which they worked through this as they have done throughout the pandemic.

The Paddock

Electrical consumer units were upgraded in two flats during the year and a wet room conversion was carried out on a first-floor flat in January 2022.

The waiting list for the scheme grew and an occupancy rate of 98.6% was achieved for the year.

Our tenants who had diligently followed Covid-19 guidance began to hold events and social occasions and we all look forward to the Woodlands becoming a lively community once again after two years of restrictions.

Andrea Mason

STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31st MARCH 2022

2022
2021
2022
2021
2022
2021
£
£
TURNOVER
1,847,603
1,809,091
Operating costs
(1,842,525)
(1,847,906)
OPERATING SURPLUS 5,078
(38,815)
Finance income
12,157
7,346
Interest payable and financing costs
(8,688) (8,885)
Changes in fair value of investments
43,645
45,716
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 52,192
5,362

Accounts Audited by Beever & Struthers

STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31[st] MARCH 2022

2022
2021
2022
2021
2022
2021
2022
2021
2022
2021
£
£
FIXED ASSETS
Housing properties – cost less depreciation 1,231,085 1,274,602

Other property, plant & equipment
78,942 90,335
Investment property 175,000 145,000

Investments
338,977 315,343
1,824,004 1,825,280
CURRENT ASSETS
Inventories 9,694 9,684
Debtors 92,118 91,481
Cash and cash equivalents 136,902 101,178
238,714 202,343
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR (118,527) (117,977)
NET CURRENT ASSETS 120,187 84,366
TOTAL ASSETS LESS CURRENT LIABILITIES 1,944,191 1,909,646
(460,518)
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
(442,871)
1,501,320 1,449,128
RESERVES
Restricted reserves 728,819 673,017
Revenue reserves 772,501 776,111
1,501,320 1,449,128

Accounts Audited by Beever & Struthers

Back Page - Flowers in full bloom summer 2021

Woodlands Quaker Home & Sheltered Housing for Older People

434 Penn Road, Penn, Wolverhampton, WV4 4DH Telephone: 01902 341 203 Fax: 01902 337 302 email: woodlandsquaker@btconnect.com Web: www.woodlandsquakerhome.org

Registered Charity No: 1141622 Registered Company No: 7577779 Registered H.A. No: H1395

Registered number: 07577779 WOODLANDS QUAKER HOME Financial stalemeDts Year ended 31 March 2022

WOODLANDS QUAKER HOME INDEX IDform4¢10 Trnslte Dlrettor$ Report Strategtc Report Independent Audltor's Report li Statement of CompTebensive IncfflDe io Stitemeni ofFl##n¢ial PositiOII Sl*tem¢nt of ChaDg¢$ In Res¢rv¢s 12 SlateDJeDt of Cash Flows 13 Notes to the FInv4￿Cial StateTnents 14

WOODLANDS QUAKER HOME IIYFORfvIATIOY TRUSTEE DIREcfoRS Roberi Jeays Richard Taylor (Convenor of FinanE¢ & Opet31ions ) P¢t¢r Collard Julia Furminger (c￿al￿} Doroth>' Hull Nicholas Paton-PhilirfC0nve￿T of Car¢ artd Statfing) REGISTERED OFFICE 434 Penn Roa4J Wolverhampi( Well MidiaNIs WV44DH AUDITOR Beever and Strui]Krs 20 Colmore Circu Queensw?y BiTrningham B4 6AT BANKERS Llo>ds Bank Pl¢ POBoxlO 37 Queen Square WolveThampt WVI IYH REGISTERED NUMBER 07577779 CHARITY COl¥lf¥llSSION NUMBER 1141622

VOODLANDS QUAKER HOME TRUSTEE DIRECTORS REPORT CONsrrruTION Woodl￿d5 Q￿ker Horne is registered UThJ￿ the CompanifS Act 21XJ6. rrgisttreil nurnber 7577779 and is regi￿CTed charity registered charity nUM￿r l 141622. FUTURE DEVELOPMENTS W¢ aim to be a leading wovider of Tesideniial ￿re for th¢ elderly supp￿ed housin8 Within the locality. In 2022t2023 ￿ will:_ Simplify CU￿0M￿ satisfrd¢liM feedlxck by ulilising iEthnolw'. Strengthen and ￿abilise our i¥orkfor(t by ensuring siaff are tAid alxwe #verage rates for the sector within the area Ensure a robust trdining programme fi￿ stsff Sup]x)rt the lttal aulhoTily with the implementsti(m ofthe'FairC(tstof Care. ￿r(￿MS Registrr with the ENRICH by the Nati￿al In￿liU fly Health & Care Research so that Valuable re￿arCh studie5 can k utvjertkn in w Lwe h)rne TRUSTEE DIREcfoRS The follo￿￿ng members held oifice from l April 2021 to the dale olthis rep)rn. un12ss otherwise ststd. Robert J¢ays (Resigned 3￿ April 2021) PetET CvllaTd Julia Furmillgtt {Chair) Doroth} Hull (Relird 3 1° March 2022) Nichola5 Paton-Philip {Convenor of Care and StaffJn8) Rithard Taylor ICoAvenor ofFinatKe & Operaliotjs) The Woodiartds Nominations Sub Cornmitiee nOMit￿t$ TTusiee DiTtciors for appoinimcni by the C£nlral EnglgDd Quaker Area Meetlll8. Eo¢h app)inttneni is for a th￿¢ year tTieTmiwn. Ai the end of theti first triennium Tru5lee Director5 ￿￿Y be re-nominated and re-apwbinied for a further three )'ears. They should sern'¢ nb)r¢ than nine consecutive ye8r5. bjt ex£rptionall} this m8)." be approved by Central England Quaker5 (CEQI. FollDwin8 a yeaJs break tty may FK rK>minaied and apwbinied again. All Trustee Direetors give of their time freely and received no FEnefits of rem￿erdtiOn from the W￿dIan￿S. TRUSTEE DIREcfoRS RESPOYSIBILITILS Charity Le8i51ation requires the Tn￿ DirectOf5 to prepare financial staternents for each financial year which 8ive a tNe and fair view of the stsie ofthe Wwdlan¢ts as at the end octhe financi81 yedr a￿j of the income and expendiiure of the Woodlands for the year tnded on the date. In preparing Ihose financial statememts, suitable accouniing policies have bttn used, to (he be# of the T[uS￿ Directors kno￿l¢￿Se and belief, by reference to reasonable and pnKtent judgements and eslimates and applied consislently. Applicable accounting standards have been follow¢d. The Trustee Directors are al￿ required to indicate ithere the tinancial statements are prepared other than ort the basis that the W(Kxllands is a going contttn. The Trustee Directors are respx)nsible for ensuring that arransemertts are made for keeping proper books of 8c¢ouni iviih respe¢¢ ¢0 the w￿dIa￿d$, transaaions, and assets and liabilities. and for mwntsining a sali$f8ctory system of control o¥eT the W(K)dlawKt8' i￿)k$ of ¢ount atld IrdTSa¢tions. The Tru￿te Direc￿0 are also re5pon5ible for ensuring that a￿￿B¢￿ents are rnade to safeguard the asts of Woodlands a￿d hence for taking reasonable steps for the prevcntion atyj detection of fra￿j and other irregularities. COMPLIANCE WITH THE REGULATOR'S COVERNANCE AYD FINANCIAL VIABILITY STANDARD The Trnslee Dirtttors confirni Ihat the Associ81ion complies ivith the Requirements of the revised Governance and Financial Viabili¢>' Stanilard applicable for the >'ear.

WOODLANDS QUAKER HOME TRUSTEE DIREcfoRS REPORT DISClnSIJRE OF INFORMATION TO THE ALDITOR (CONTINUED) Each ofihe Dircctors ￿ ihedate of approval of ihis re￿￿rt have confitrned thaL As far as the Directors are aivare. there is no relevant audit inforrnation of ￿thI¢h the As9)ciation's auditor is una%vare- and The Dire¢iors hav¢ iaken all the gep5 that they ought to h&ve tskcn as DiTeL1ors in ordeT to rnake thtmselves aw8rE of any ￿lE￿an[ audil inforn￿lI0￿ and lo esthblish that the A550ciation's a￿li10r is aivat¢ of that infomation. Approved by the Truslee Dlrectors on 2* October 2(122 aDd signed on its behalf by: Pe¢er Collard- Trustee Direttor

WOODLANDS QUAKER HOME STRATECIC REPORT PRINCIPAL ACTIVITIES The principal activities of the Woodlants are the txovision ofaccomtThMlation and care for older people through sh¢lt¢red housing aml Tesid¢niial ¢aTe facilili¢s. PURPOSES AND AIMS We havt refeTfEd to the guidatLC¢ in the Charity Corrjrnissions gffleral guidance ￿ public benefitThknen reviewing our al￿￿ and objcctiv&s and in plannin8 firtUTeactivitie5. The Woodlands. guided by Quaker ethos and vaiucs. p￿vId£S 24-hour residential ￿re for 44 residents and supported acconunodation in ihe form of 25 flals. Primarily for the oycr 605. eli8ibility for the Woodlands is on a nee(L8 &ssessed basis. The Wo￿J1and5 has a positive r¢gard for div¢rsity and equal opportwitlies 8nd ensures any rwuest for its servi(w ate treated equally. whe￿ finan¢ial assi51an¢¢ is neede￿ thr WO￿10￿d5 iiill wovide guidance and infonnation on appropria¢¢ 8Ants and benefits ai'ailable. The li'oodlands OTrntes a SUPEK)rt fund. ithieh can p￿VIde financial 8$9iStance to resident5. or ￿tentIal residents who are iTh need to cover the thjrtfall betweffl W(xxlland5 fee5 and local auihoriiy support r4t¢s. These me&sur¢s help to ensure people are not unduly excluded from tILe Woodla[￿S due to insufficient mtans. Ow primary aim at the Wry)dlot¥is is io wovide quaiiiy accommod￿￿)ll with high quality levels of care and sup￿rt. Performanee Covld-19 In 202112022 the Covid-lg pandcmic L%)ntlllued to have an adverse impact on operation& holy￿.cr staff Mrre able to build gn experien¢es and knoivled8e 8ained durin8 202¢Y202I and adapied very quicki>. to change5 in guidance and legislation. Oovernm¢nt funding tE¢eived through the Adult Socia] Care InfeaÈon Pre¥enlion Fund5 and Workforce Grants a¥isted iyith the many difficullits caused by the pa￿le￿ic. A of £80,888 iyds recei&ed during ihc >ear the sum5 received and criteria foi exwKlitur¢ MeTe as folloivs'.- £31,544 Infection Contrd Grani Ensuring that staff ii'ho are i501atin8 in line with government guidarnr recei￿ their rlormal ivages ivhile doing so. This in¢ludes siaff with suspe¢trd of COVID 19 awaiiin8 a ¢e5t. or any stsff member for a pEriThJ folloiving a wsilive te5L Ensuring, as far as p)ssible, that membtrs ofstaff work in only one ￿re IKJm¢. This includes stsff wh(Tr work for one provider acTOSS 5everdl home5 or staff that ivork on a lime basis for multiple employers and includes ￿eNCY siaff (the princi￿¢ being th￿ the r￿tr locali￿$ thal membets of siatTi%ork the better. Limiting or cokntling staff io individual grow ofresidents or ncM)r&livin8s. including segrcgation of COVID. 19 positive residents. To supwrt active recrui(tnent of a(klilional if tlw. are ne¢dd (o enable staff to ii'oTk in Ix]ly one G2re h(Mne or to I4Drk only ivith an assigned group ofrestdents or ￿]Y in ¥cified areas of a care home Steps to limit ihe use of public transtK)rt b>. memtr*rs of staff. Ivhere they do not have their oivn private vehicles this coulij in¢lude en¢outaging %iJking and ¢Jcling ￿ and fn)m work and supporting this with tl prov15ion of chawn8 facilitics and r(￿15 gnd secure bike storage or use of local taxi fiittts. Providing accomnKxlaiion for slatr who ￿#¢¢11.£7￿" dKK)se to stay sepa￿elY from their families in order to limit S￿bal Interaction outside iwork. This may rKoYi5ion on site or in Parts)¢￿hlP l(Kal hotels.

WOODLANDS QUAKER HOME STIL4TEGIC REPORT £24,864 Rapid Testing Cjiatit Paying for staff costs aS￿lared with training and camryng LFDsung Costs a5swia¢ed ivith the creation of a separat¢ ie51in8 area5 Costs associated ihe disFK)5al of LFD tcsts and iestingequiwe £24,480 Adult Social Care Workforce Grnni Supp)rt Proiiders to maintsin the prO￿SiOn of safe cawe and tM)Istering carociiy ivithin proTriders to delivEr ore hours of car¢ Siipwrt timely 2nd safe discharge from kn5pitsI to ivhere ￿gOIng Ca￿ al￿ SUp￿rt is neeikd SUp￿rt providers 10 wev¢ni admi￿10￿ io h05Pital Enable Timely nJ¥ care ￿OI"L510￿ in the eommunil). Supy)rt and boosl reknlw)n of stsff iyithirt g)¢ial earr In iotsl £49,164 allo¢a¢ed aga1T￿t employee eosts and £31.724 utili5ed on other expenditu￿ in line ivith the grant conditions. The organi5aiion had its fiTSt confinned ezse of Ihe OmicTon variani of CoN'id-19 on 24 De¢ember 2021 idenlified duTill8 roijtine staff testing aTrJ are mom grateful 10 oknr staff chan8ed their ChristTna5 plan5 lo ensure thai the home ivas adequately 5Laffed. This fi￿1 case the be8ifining of an outbreak ithich ivenl into January 2022. With ihe experience of mana81Tr8 a 5¢TiOU5 Outbreak in October 2020 a crisis managernent plan siMftI)' initiated. and the outbreak iws coniaitted to %0 areas of the home. In a me&sure io limit further infections ￿l01￿erha￿P1On Infe¢tion Prevenlion Service Closed the hon￿ io v2silors and neiv adtni55Kbns for the wiod 13 January 2022 10 4, February 2022 l￿fi1¢h iTnpacttd on Ihe oi'erall (Kcupancy rne for the year and caused fru51ration ty r¢lative5 become a¢¢ustomed to le5$ restricted visitin8. Elavi118 closed the schetne at ihe end olseptem￿r 2021, the Chancellor of the F.xchequer rcopeTLed the C(wnavirus Siatuiory Siek Pay Rebaie Scheme foT the period 21" Dttember 202110 i Y Nlaich 2022. Thc or8ani¥iiDD claimed back £2.534 Ihrou8h the schetne in rcsrttt ofstaiutor). Sick Pa> costs iKurred a5 a dirttt result of the outbreak. Despite the outbreak o¢cupanc)' was high during ihe second hair of the )ear as confidence folloi%ing Ihe success of the fvac¢irte roll oui and easing ofvisiting Testriction& The toial ttcupaThcy rate foT ihe year i¥as 95%, 3 percentage rK)ints higher than ihe PTeviousyear. Siaft. adhered to Ihe rigorous Covid-19 testing regime and the upiake of booaer vaccinations I￿&S high. We iTrrre pleased 10 see that Staff absenct5 due to Co%'id-l9 reduced from 420 daJ% in 2020r2021 ￿ 219 da)'s this year. RetruTtment & Ret¢llilo Despite the governments 'Made iiryth Care. recnLiITnellt campaj8n io encourage ￿P]e io applj for Toles ￿1th1n ihe adult social care sector, recruiiment and retention proitd extremel). challen8in8. UK U[￿TrIpl0y￿enl dLreased during the }'ear 8$ economy recoyered more rapidl). ihan expected and oihe¥ seaots such as retail and hospilalilj irre otyeting higher pa)., the pandemic had also Teduce(J the ap￿1 of ihe sedor to potential rteiv Tecruits. I'he siiuation iv&s made ivorse by cotnpulsory Coi'id-19 %•ccinaiion legislalion intr(￿uced in Novemkr 2021 and four rntmbefs of staff chose 10 ltrave the W(K)dlatK15 becau￿ ofthe legislation. We agreed io a 1.59/0 interim pa). increase io all stalT from NoirTnbLY 2021 in a Measu￿ to attract neiv slaff aJ)d 51abilise the exi5(ing ivorkforc¢ and in Februarn. 2022 a ￿rtiOn of the iivrkfor¢e grant iva5 ulilised for incentive pa)'men15 to all statT lor their hard %%x>rk throughout Ihe pandetnic. This i%35 iirleomed and helpeil to txbosi morale, hoiirN'er the ￿e8n¢). rate for care staff for the )"ear ai'erdged al IOV• and the siaff turn0￿.Er ra* for the vear ivgs 25Yo. Whilst ibese figuTe5 are higher than in prei'ious )'ears, lit Irya￿ged to re-employ memE¢rs of slatT ivho had resigned because of conipulsoo. i'accinaiion as the goi'trnmeni re￿¢￿ed the i"accination legislation for CQC r￿ulated care knmes on 15 March ?022. We ￿'orked closelj with local &qre ￿aff agEncit5 diiring the }edr foi them to proi'ide coi"eT. As iirll as offering shitl coi'er, the ogenct¢s iise M'o(Kllands as a plaCerr￿n1 centre for ihtir siaff thai are neil. to care afleT Ihe). have compleied iheir Iheors. training. Once indi¥idua]s hai'e ¢omplettd a sa number of care shifts al (he Woodlands thtre is an option to emplo). Ihem direal). lor a significanil)" redttced agth¢}" transfer fee.

IVOODLANDS QUAKER HOME STRATECIC REPORT TtclLDology The Aduli Social CaTe R¢forni White Paper hi¢h is pan of the government's wider sotial care plan has committed to ￿sure that ai least of yKial care providers have a digitised record for residenis in place by MaT¢h 2024. In pr¢trdlion for this ihe org8ni5ation i5 gTadu8]ly inwoducing digiiised 5yStem5 atKi in January 2022 the home began using the NHS'Pali¢ni Access. 5yStcm for othing medications for residen￿ this encompasse&- Ord¢rin8 Re￿8( Meditation Acute Prescriptions￿rgent reqttsts Interim presLYipiionl mid-cycle dw)8&s Towards the end of August, a digital visitOT management systan Iyas lThtr(yJ￿ed to ¢k•l ivith Covid-19 wisiiing COTllpliaDce following the r¢laxaiion of visiting re5tridioAs. A digital syst¢m Vdlltd 'Doc0￿. pro8ressed and will be implem)ied later in 2022. The system is a softwor¢ solution thai enables remote IT￿[U(on￿& of residents. Tr R•Th)te nx>nitoring solution vill engble ihe eolleclion and recording of an individual's vital sign5 andor syiiIMom& tnaking them available to ¢linician5 and other health professionals. MainteDao¢¢lHeAlth & Sf¢ty Cyclical maintenance gathergj Exce follo¥ving ¢asiD8 of restriaio]L8 for coRtraLtors enterin8the home. A fire risk ass£s5rnent undenaketl in No¥."ember 202I and the majority of rwuiTemenÉs arising from report %Yer¢ Carried out in IK)us¢. The a￿eSsme￿I highlight￿ a ￿ed for intteased fire drills at nighl this ivas quickly implemented. The 5-y¢ar electri￿1 ty)ndiiion rerffjrt for the IK)me iva5 undfftsken in Octi)btt 2021 and we continued our prograTnme of rcplacin8 e¥i5ting lighting ivith LED lightstoreduce fnergy ¢ortswiption. The Paddock Supported HollsinE S¢h¢m¢ The posilion of Sch¢Tnt Co-OTdinator [(￿ the Pa(klock be￿me vacani ID D￿emI￿r 2021 and ienant5 (oll¢¢lively agreed fur the post to be filled ivith a SuP￿rI ￿￿Tke[. Scnior ￿nagement adopted the mana8¢rial duties previously ndertaken by the Scheme C(pOrdina￿r and th¢ transiuon ￿￿￿ed very ivell. Electrical ¢onsumer units ire upgrdded in 2 flats atyj a W nM)m wth low I￿￿[ shoir Was fittyl in one ofthe flats in line ivith ihe rolling prograThm¢ of ac¢e&sible r4y)¥n insiallatiorLS. We I￿]¢Omed 3 ll￿v tenants lo the ￿hem¢ durin8 the year a￿] they quickb. settled into the Woodlands community. The iotal Thumlxr of Yoid days for the $C￿ne fell lo 122 da)s from 3 19 days in 2020r2021 and the number of enquiries for the scheme increased toward5 the •)d of Ihe year as Confidence grw following the removal of all remaining Covid-19 don￿511¢ TEStri¢iioDS. Investments The or8anisations inve5trnent propert). iyds reval￿d at £175.(KM) an inerea8e of £30.000 on th¢ previous year as property pric¢s rose mainly due lo a shona8e of knusing and high dem8nd for properly. InYe5tm¢nt mark¢ts remained Yolaiile and acquisitions durin8 the year ￿ncentrated U￿rt investment trust 5hatts, r&ih¢r than direci indi1.id￿l equitie5 to proNid¢ ex￿9]re to a wider ran8t of investments and to keep iviihin the organisalions low lo medium investment risk profilt. Looking forward As ive look fOr%￿rf we are mindful ihai a vaccine escape I'ariani ofthe Coi'id-19 vinjs could 5igrtificantly impaci the o￿anisation, hOl￿er are confldeni having gone thwugh exfrernely dilficiili times during the height of the pandernic th￿ Jre ivell equipped to face an) operaLional upheaN'81 that a ne￿ Move of thc &iru5 could bring. Stafiin8 is noiv pressing concem. th¢ pan(kniic has Im￿￿ed the physical and menlal well-being of ￿CIal cere staff and a signifi¢ani tyumber of etnplo)'ees have ￿￿ved to other sect(￿& Vacancy raies for wcial care 5tatT acro￿ Ihe country are very high and like rnany oth¢r homes havc had io rely on agen¢y staff to cDvEr shonfalls Ivhieh impacts on operatin8 Costs And meall5that re5ideniS ve the Naiional Living W3ge from

WOODLANDS QUAKERHOME STRATEGIC REPORT April 2022. We hope that this along i*ith the values aMI mi&sion of the organi&21ion in a stron8 IX)SLlion recnjit and retsin staff. The social care sector needs significant invests￿1 to the MDrkforir. There is already major reform planned as Ihe government are sd to implement se¢iion 18(3} of (1￿ Care Aa 2014 for care homes in England from October 2023. Thi5 Kiill that privately pai'ing Vdre home residents ivill be able io ask Iheir local authoriiy to arrange care at their usual council rale and the government plans ¢0 inje¢t funding to bridge the gap bets¥'eetb ¢oun¢il rates and the'fair cost ofeare.. We IM)pe thai Ihe &lloca¢ion of funding I￿11 Ix sufficient to sucLr55fully irnplcrnent the'fair LXTr51 of care. and lye are ai%7re ihat the City of Wolverhatnpton Cou￿lI h&5 I￿en designated &s one of the file trailblazin8 local aulhorities that i￿7[] Nvork to implement the char8in8 rcforni carly in April 2023 raihtt ihan Ociokn 2023. Wc aiwdii further guidance on the changes lvhilst coniinuing lo adi'ocaie for in(yeased inkr￿men[ in the secioi ¢hTough our local r4re associaiton.

WOODLANDS QUAKER HOME STRATEGIC REPORT Value For Money Woodlands Quaker Home is c0mtn1tt￿ to geiting the be￿ value for money in Iwing good5 and strvices and also in how lye aclually do our ivork 50 thai Isr caTr deliver the right serviee to our residents and tenants ID the most C05t effe¢tive and efficient wa).. Woodland5 Quaker Horne thill consllli iiith the user5 of its Servic￿ to ensure ihat their interests 8￿ laken irtto consideration achieving this objeciiht. The Senior Management Team 9nd Tnth Directors C￿U[C that therr i5:_

R￿ul￿r scrutiny of wsi ￿rf0m￿r￿t a8ain& bud8et and ¢omp8tison of operating costs with simil•r orgaTrisations. A robust W(Kurementprocedur¢. Regular revi¢1¥ of assets and 3ssei wroM￿￿. Re8ular rcviews of the organisauons St&￿ing e5tablishmenl to ensure the slTU¢¢ure is as ¢ffI¢1¢nt￿ Possible. Regular SMT meetings whith focus on quali¢y and Ixst vgiue in proo]rement ofour g(h)ds 8nd selv1￿5. The use of kyofessional advisers to supwrt PTO¢UTemeThL A Clear pJDcess for txnaging dnd monitOTing contracli)rs. Periodic rcYi¢w5 of areas tsf servi¢¢. The Re8dator of Social Housing requires regisJed providers io re￿)rt annually on their ￿rfornU￿e ogainst & set ofseven key me&sure5 defined by the regulator. The regul8￿rhaS Select￿ the value for nK)ney metriG5 thal for the majority of providers bui appreciale5 that for c¢rtaiD providers the data may ne£d clarifi￿(lon. The ￿ToodlandS QuakeT Horne i5 ￿th a PTovider of s(Kial housin8 aTwJ a Care Ilome therefo￿ the results wll not be comparable Kvith that of a typical so¢ial Ik)using provider. The table beloiv de￿115 the organisation's value for money TnetriLs for 2022 alongside thc pcrfornianLf in 2021. 2022 2021 Reinvesimeni % 0.36•/ 1.93Q/o New supply delivered V. Gearing YD EBITDA MRI Q/0 o.(x)% 34.93V47 38.20Y 1084.83% 220.84W. Ileadline soclal housi er unit Shdred Housing Sheltered Housing £7,205 lotne Cate Home £37.023 £6.183 £36,992 eratin Social Housin8 Letlin8S Overa]I -5.14% -12.75¥• 2.74Yfj -0.01% Return on Capital emplo>ed 2_68% 0.28¢/0

WOODLANDS QUAKER HOME STRA TEGIC REPORT INI'ESTMENT POLICY Th¢ Trustees have ihe pol￿ to invesi funds nol immedialel). required for Owdiional purposes in such investments a5 they think fit. Investtnent5 held by the W(x)d13nd5 hii"e acquittd in accoTrlatKe with Ihtse poiytrs. There are no restii¢tions on the ehaTltv's poi*ei to invesL IK>i¥eker as a Quaker orgaThisation TruSt￿S iNllll ensu￿ thal Inv￿(￿¢￿15 in artnament& alcohol and tobacco are &voided along i¥iih investments that ar¢ in conflict wth its ¢hariiabl¢ objec¢iv¢s. The charity's invtllmenis are managed to optimise telurn and Truslees adopt a loi¥er to medium risk Frfjlicy in respect of asset alliKaiion. Reserye5 Policy The poliey for unrestritted resetves is revi¢iiEd each year bj the Finance & o￿￿8110nS Commiitce. They emsure Ihat the target they sei ivill be Capablr or..

Providing 5uificien¢ i¥orking capithl for budge*d owiotwl commiltnetths Funding responsive action in the eveni of a significant finatKial domm-turn Replacing iiDrking as5et5 as they iivdroyt In setting Ihe iar8et: the Tru5Lee Directors take ￿Trunt of an). risks that might impacl oll tk lttrl ofreserves requiTed. The} include.. Time n¢eded to implement op¢raiional TestKTrnse to an>. $18nificani reductions in income Dependencc on and reliability orindivid￿l It￿OnE 5lreams Robu5tne550f the inleTnal reporting and r¢s￿￿5c metlK)d The curreni tK>lic)' is for unrestricted funds held bj the W(KKlland5 to 3 tnonih5 of r(￿OUrc¢S expended ithi¢h turterttly equates to atollnd £460,(K)O. At this IMEI TnLStee Direclors feel ihal the). be ablc io cojilirtue Ilie ¢urTcDI aClivitlC5 of the Woodlands in the C￿'ent of a significant drop in incomc Idisrupiion to its aciivili¢S. II Y)uld obi'iou51} k iiece55aTI' to consider hoib'ihe fjJndillgiFDuld k replaced or acli&itie5 changed. GOING CONCERN The Trustees consider ihai ihe W(Khdland5 l5 i%EII placed lo tnaDage its busine55 Ti5ks 5vcce5sfull}'. AfteT making enquirie5. the Trusiees have a reasonable exF<ctsiion the Woodlands has adquate resources to cotitiThue in opertttional eXiste￿e for the forseeable fiLThre. Accordin8ly. Ihey coniinue lo adopt the going conceni basis in prcparittg ihe finatKial staiementS.

WOODLANDS QLAKER HOME STRATEGIC REPORT FINANCIAL RISK MANAGEMENT The Woodland5 activities exw)se it to a number of rrfTrtcntial f￿ar￿la1 risk5 including credit ]75k, cyshllow risk oryj liquidity risk. HoihEver. the Woodlands d(￿￿ not have any si8nificant extcmal trf)rrowings or exposure to signifi&￿1 renl arrears so these risks are miiigaled. The Woodlands principal financial assets are housing prop¢rties, baok balan¢¢s Imd cash. renl orr¢a￿ other re¢eivabl¢s 8nd ini'estments. Approved by the Tru$tet Direetorso* 28 Oetobtr 2022

tsd sigrteil on its behalf by:

Peter Collard Trustee Director io

INDEPENDENT AUDrroR'S REPORT TO THE ￿lE￿IBERs OF WOODLANDS QUAKER HOME OpSoion We have 2udi¢•J the financial stslLin¢nis of W(x)dlands Quaker Horne {the '¢harii} I for the year ended 31 March 2022 ivhi¢h ¢ompTise the Ststement ofcompYhthsii."e Incomc. the Stalen￿[ 0fFinarKj￿ Position, the Stalemellt of Change5 in R¢serv¢s. the Statemenl of Cash F10115 and notes to the final￿1￿] si&tements. includin8 a summary of significant accountin8 wlicits. Th¢ fit)ancial ￿￿>rtIng frdmwork. that h35 be£n applied in their preparniion is applicable laiv and Uniied Kingthbm Accouniin8 StsndaTd¥ including FRS 102 ￿e Financial Re￿rtIftg Siandard applicable in the UK and RerALblic of Ireland" (United Kin8dom Gtnetally Accqrted AcLY)unling p￿tice). In our opinion, the financial statements..

give a and fair viNv of ihc sthte of the Charity's iifair5 as at 31 M2T¢h 2022 and of its r¢su115 for ihe year then rnded.. h&ve bcen proptrl). wepared in a(cordaThce ibith Uni¢ed killgdom Generdll). Acttptcd Acc()unling Practiee- have beeh prepgred in accordance i¥iih the r¢quireTnent5 of Ihe Companies Act 2(K>6. the Housin8 and R¢8¢neraiion Acl 2W8 and the Accounting Dire£lion for PrivaLe RegiSte￿d F￿vid¢T5 of ￿la[ Housing 2019. Basis for opinio We Conducted our audit in aceordance ￿1th International Siandards on Audiling IUK) IISAS {UK)l and appli¢&bl¢ laiv. O¥r respm5ibiliiies under IhoK stsndards are further des¢rtbed in the Auditor'5 responsibilities foi the audit of the financial ststements seelion of our rew)rt. We are independent of the charity ith accordance ￿1[h the ethical requirements that are relevant to our audii of Ihe financial ststements in the UK, including the FRC'S Ethical 8iandar4J and i%'e ha￿e fvifilled OUT Other ethical resrK)nsibilities in acrordance ivith these requirem¢n¢s. We believe thai the audit ¢viikn¢e iv¢ have olAained 15 Sutr￿le￿I and appropriate to provide & basis foT our opinion. Colltluslon$ relating to going con¢¢rn In auditing the financial statement& lie ha￿¢ conclLKled the Board's use of the goiThg concern hsis ofacwuniing in the preparaiion of th¢ finaiicial staLements is apmiate. ￿￿ed on Ihe ivork i%e have perfo]rned. ie hai-e not idcniifiEd any malerial uncertainlies relating io ei'ents (Y cmditims that, individuallj or wlleLXii'el)': ma), Cast 5i8nificaTht Ihe coTDFvD3"5 abilily to conlinue ￿ a 8Oln8 ¢(x]cern for a wi(xl of al least ti¥elN'e months frnm i¥hen ihe financial St￿emen1S are authorised for i$5U¢. Our iesponsibilities and Ihe resrthsibililie5 of Bod ivith resr£d w going cthjcem described in Ihe rele￿￿1 5eclions of this re]x>n. Other informAtio The Board is reswn5ible for t￿ oihtr infomiaiion. The other infornuiion comwses lhc inforniation included in the annual rep)rt, oiher than the fJnan¢ial statrrnents and our audiiof's Te￿rt th¢Teon. Our opinion on th¢ financial statements does not coi'et the oiheT information aniL excepL Lo ihe exttht other%115e explieitl)" staled in Oul TqK)rt, do not express 8ny form of assurance eonclusion theT¢On. In wnne¢tion our audit of the financial ststements. our re5rKmsibilii)' is to read the other inforniation and, in doing SQ, COll5ider ii"heiher the oiheT infOrn￿1￿>n is materiall) ineonsisieni iiiih ihe financial statememis or our kno1vl￿ge obiained in ihe audi¢ OT oiheriiise apprdrs io be maieriallj rni55taled. If i%r identify. SAJch material inconsisteneies or appareni material mi5siatemtnts, are reqiiired io deternil￿ iilwher ihere 13 a material missiatement in the rtTwncial statements or a maietial [ni￿te￿￿nt of ihe ￿her iDfoTtnalion. If, based on the %x)rk li'e have perftsnnrf i%"e concliid¢ ih&i theTe 13 a material mis5taiement of this other information. IIE are reqiiirtd io rcporl that fact. We hal'e nothing to rtW)Tl in thi5 re8aftl. OpinioN5 011 other matters pres¢rlbtd by tbe Compnie5 Att 2(M16 In oiir opinion: ￿ed on Ihe i¥ork undertaken in the ¢OUTse of ihe audil-. the infonnatton given in ihe Siraiegie Rep)n and ihe Trusiee DirectOTS ReFQn forihe financial year for iifiich the rinancial stalernenis arc prepared is ¢onsist¢nt iiiih the financi81 sialcments= at

INDEPENDENT AUDITOR'S REPORTTO THE hlENIBERSOF WOODLANDS QUAKER HOhlE

the Slralcgic Report ond the Trustee Dircctor5 Rwt have been prepared in accordance ￿lih 8pplicable legal rqllirements. M#tters oll whl¢h we are requlrtd to report by exception In light of the kno%iled8e and underslanding of ihc chariiy and environm#)Lobtained in the ￿￿r$¢ ofthe audit, I have id¢nlifJ¢d material misstatemenls in the Sirniegi¢ Retmjrt or the Tn￿le¢ Diredors RerA>rL We have nothing io retKJrt in respect of the following motters in relation ￿ whicb the C¢)mrAnie5 Act 2006 req￿1[ us to report to jou if, in ¢Juropinion'. adequale accounting rwords haie not been kcpL or wiurns a&quale for our othlit hav¢ ￿>t received from branche5 not V151trd by us. or ih¢ financial Statements aT¢ Th)¢ in 28reement IVLth the aLounting records and r￿￿ or certain n5ibk for assessin8 i?￿ charity'5 abilil}' io continue as a going ¢on¢em, disc105in& as applicable, maiters related to going ¢oncern and using the going ¢otKem basi5 of accounting unless ihe Board cither intends io liquidale ihe charity or to cew operation& or have no realistic alternative do so. Auditor's re5pon5ibilitits for the audit of the fJnDeial $tattments Our objcaiics ar¢ to otrtain Trasothable &SsUfd￿¢ atM>ul ivhdhu tbe financial statements as a ithole are frtt from maleriol missiaiemenL ithether due ￿ fra￿d or error. 8t￿ to 15sue gn audiior'5 Tetort thal in¢l￿eS OUT opinion. Reasonable assurance is a high lei'el or￿ur8n¢¢, is not a guarantee Ihai an audil conducled in a¢uTrrdance lviih ISAS (UK) Iiill all￿￿3 deiecl a material misstat¢rntht ti exists. Misslalemtnts cat) arise from fraud OT ¢Tror and are eonsidered malcrial if, irtdi%'i41ually or in the aggTege, th¢y could rea50nabl>' be ¢xpecied to influcnce ihe economic decisions of user5 tsken on the basis ofthese financial thtemetts. Our r¢spMsibÉlit)' is to audii ar)d eX[￿e&S opinion ￿ ihe finarKial statemen15 Èn aC{￿a￿e iviih applicable law and Inl¢rnalioDal Startdards ￿ Auditang (UK). llw require us to eompl) %vith ihe Financial Rewrtin8 Council's Ethical S¢andard. A furth¢T dexriNion of our res￿nsIbilitieS for ibe a￿111 of the finarti¥l stsiements is located on ihe Financial Reportin8 Council's i%tbsiL¢ ai www.frc.o .ukla r6ibilitie5. Thi5 de5criplion fom5 part of our audiior's rep)rt. Extent to whl¢h the audt IV85 tOD5idered ¢#pbk of dettttlDg irregulrltles, illtluding fraud Mle ideniif) and a55e5s the risks ofmaierial missialement of ihe financia] SLilctnenls i¥hdher due io frdud or tr￿, and ihen desi8n and perforni audil pr<￿t￿￿re5 TespTrn511'C to ih05e risks includin8 O￿ainIng audil ei'idcnce ihat 15 5uffici¢ni ond oppropriale io provide a basis for ouropiniorL In idenlify'ing and addrtssin8 risk5 of maierial misatement in res￿ of irre8ularitie5. including fraud and rM)n- complian¢c iii¢h laiis aNI regulation& our pTrKedw¢s tneluded folloi4iTrg'. We obtsined an utlderstsnding oflai%s arKI regulations Ihal affeci ihe ¢hariiy. (w￿]ng on ih05e thai had a direcl eftect on the financial stsiemcnts or thai a fundamertial effect on 115 owaiions. Kc}' la1%5 and ￿￿latIonS that ii'c iden1lfi￿ irteluiled Ihc Companies Acl. Ihe Sts¢em¢ni ol Recomrnendcd Pradice for registered housin8 pro%'iders.' Flousing 50RP 2018, Ihe Housing and Rtgenera¢ion Aei 21X)8. Ihc Accounting DirecLion for Private RegisieM1 Provtdcr5 of Social Housing 2019. t&x legislation. hea]th and safety legis]ation, and employmerEI legislation. We ¢nquired of Board and revie%iEd cwTrder￿ Board mL*ing minuS for evi(knee of non- compliance ii'iih rclel'anl la¥15 arKI regul&ions. We al￿ m'i•%td ¢ontrols i?￿ Board hive in place. ithere necessar)., LO ensure compliance. 12

INDEPENDENT AUDITOR'S REPORTTOTHEMEhlBERSOF WOODLANDS QUAKER HOTrIE We sained an uDderstandin8 ofthe controls that the Board have in place to prevent and datct fraud. W¢ ¢nquir¢d of the Boaril a￿ul any incidences of fraud th• had taken place durin8 Ihe accounting pttiod. The risk of frwd gnd non-compliance iyith laws and r¢gulations and fraud discussed ii?thin the audit tearn and t¢st5 planntd aTKI pcrforniEd io address risks. We idenlified ihe p)lenlial for fraud in the follo1￿Ing ar￿S-. laivs relaied to the con51ruction ar￿ PTOI'ision of srtial housing. re¢ognising the nalljre of the compani's activiiies at¥J the regulaied nature of the charily's ￿tiVitieS. We reviaved fmancial slaLemcnts di￿105Ures and tested to suprortiThg documentation to a55e55 cornplian¢e ivith r¢levani laivs and regulations discussed atrf)I'e. W¢ enquir¢d of the Board otoui actual WHI wletttial liiigdiion 8nd Claim5. W¢ pe¥formed analytical pro¢eilures io i(kniify any unus￿1 orun noi have deiected sotne material misstatemenls in th¢ finan¢ial siaiemen4 eken i?￿gh Kit haN'e Pro￿[1>. planned and performed our audit in accoidan¢e ii.iih auditing standardk for eiample. as ￿￿th an}. amdit. thete remained a higher risk- of non-deteetion of irregularitie4 as these may involve collusion. forgery. inlentional omtssl0Th￿ mi5rq)re5entation% or the overrid¢ of internal contn)Is. We are noi reswnsible for prei'eniin8 fraud or non-compliance with la￿5 and regulations and Car￿0t be expeeied to detert all fraud and non-¢ompliartce Miih la1￿ a￿1 ttgulaiion& Use Df Ihe audit report Thi5 TepoT¢ is made 501el)' lo ihe chari¢y'5 35 a ix)d)' in accordance Chapier 3 of Part 16 of the Cornpanies Act 2006 and Chapter 4 of Part 2 of Ihe IIou5ing and R£￿neratiOn Acl ?(M18. Our audit iiDrk has been Iindenaken so thai lye might statc to the charitb's n￿}berS ihlse malters i¥r are required to stale lo thcin in an auditOT'S report aTxI foT 110 Other putpose. To ihe fulle￿ &xtent ￿M)llied b), laii., i%e do noi accep4 or assume re5ponsibilily ID an}'oiie oiher Ihan ihe th4riLJ' and the ¢haril} s mernkTS as a ￿dY fot oui audil i￿rk, for this repo￿ or for Ihe opinions ive ha￿ formed. Lee CartWTight (Senior Statlltory Auditor) For and oti behallof Beever and StTuihers. Siaiu¢Ory' Audiior 20 Colmore Circus Queensiiay Birrningham B4 6AT Dai¢.' 31 Oetobèr 2022 13

WOODLANDS QUAKER HOME STATEMENT OF COMPREHENSIVE INCOME For iht yer ellded 31 Marel 2022 Nott5 2022 2021 TURNOVER 11470)3 1.809,091 Operating o)sts (1042525) (1,847,906) OPEBATING SURPLUSY(DEFICIT) 5,078 {38,815) Finance incomc Int¢r£%t payable and financin8 Costs Changes in fair value of iThvesimcnts 12.157 (8.688) 43.645 7J46 18.885) 45,716 TOTAL COhlPREHENSIVE INCOME FOR THE YEAR 52,192 5,362 Approved by the Trustee Director5 OD 28th OddKr 2022 aDd slgntd ots iheir bthlf by:_ Peter Collard- Trustee Director RichardTaylor - Tru5ttt Director 14

WOODLAIYDS QUAKER HOME STATEMENT OF FINANCIAL POSITION As at 31 March 2022 Ntytts 2022 2021 FIXED ASSETS Housing properiie5- Cost less depteciaiion Other prottrt)., plant #tld equIpn￿nI Investment propert Invesiments 1231,085 78.942 175,IKIO 338,977 1,274,002 ,335 145.0 315.343 io Ila Ilb 1.824.004 1,825,280 CURREWt ASSETS Inveniories Debtors Cash and cash eqiiivalenls Ilc 12 13 9,694 92,118 136,902 9.684 91,481 101.178 23&714 202.343 CREDITORS: Ai¥IOVNTS FALLINC DUE H'ITHINI ONE I'EAR 14 {11&527) {117,9771 NET CURRENT ASSETS 120,187 84J66 TOTAL ASSETS LESS CURRENT LIABILITIES .944.191 1,91X),646 CREDITORS: ANIOL'rrrs FALLIT4G DUE AFTER I¥IORE THAN OliE YEAR 15 (442071) (460,518 I JOl.320 1.449.128 RESERI'ES Restricted Tes¢Tve5 Rei'enu¢ reseThes 728319 772JOI 673,017 776.111 1.501 J20 1,449,128 Approved by tb¢ Trllstee Direttors 28th Odober 2022 and signed on thtir bthalf by:" Peter Collard- Trullee Director Richard Taylor. l-rusice Dirr¢￿r 15

WOODLANDS QUAKER HOME STATEfvIENT OF cHAING￿ Iiy RESERVLS For the y¢4r ettded 31 March 2022 REVEAIUE RESER VES ReYenDe rese￿e5 Revenue rtserve5 2022 2021 At l April 21Y21 Surplus from ￿atement of comprehensive irKOtDe Transftt (toyfrom Testricted reserve5 776.IAI 873,812 $2.192 (55,802) 5.362 1103,063) At 3 1 Mar¢h 2022 772JOI 776,111 RESTRICTED REYER V The Home Flxture& fitting5 & garden fund P¢nll•xtthl Residtllt's support fulld Tot*1 At l April 2021 Interesl & Grants receivable Revaliiation of investments 530,803 140.(h56 12.157 2,L48 673,017 12.157 43.&15 43.645 At 31 March 2022 574.448 152223 2.148 728.819 The PemJ2nertt EAth)i￿ntht F￿d sei up to preserve ihE eapiiai base of the knme. The Re5ident'5 SuprK)rt Fund was sd up to 8SSiSL ￿Sidents Èn severe fin￿¢1￿7 difficulties. The Fixtures, Fitlings and Gardert Fund set up to fuTrJ a projeet lor a unit for ￿K>re sever¢ dem¢ntia clients. 16

WOODLANDS QUAKER HOME ST ATEMENT OF CASH FLOWS For the y¢ar ¢ttd¢d 31 Mareh 2022 2022 2021 Notes iYET CASH INFLOW FROM OPERATIYG ACTIVITIES 51590 3.454 CASH FLOWS FRofwl FINANCING ACTIVITIES FinanLe income Interest pa)'able and financing Costs Housing loan repaid 11157 (8.688) (6.1851 7.346 {8.885) {6,201) (2.7161 17.7401 CASH FLOWS FROM INVFSTIYG ACTIVITIES Purchase of 1x>￿Sing properties Pur¢hase ol. other propertj, plant & eqiiipment Salel(purcha5e of inyestrnents) Sale of other PDJpetl>', plant & equipmeni Disposal of housing PToperty {4,450) (24,583) (&7￿) 7,629 (13.150) 116,954) NET CHANCE IN CASH AND CASH EQUIVALENTS 121,2401 Cash and equivalents ai the beginning of the )'¢ar 101.178 122,418 Cash and tssh equiwalents a( end of the year 136.9Q2 101.178 AI RECONCILIATION OF OPERATlTriG SURPLUS I(DEFICKT) TO NET CASH INFLOIV FROM OPEBATING ACTIIJITIES 2022 2021 Ormiin8 surplus l{defi¢iil for iheyear Movemerti in debiors Moi'emenl ii) CTeditors Depreciation Moi'ement in capiial gtanls Mokement in in%entoiies 5,078 6371 303 57WI {10,975) {io) (38,815} (25,968} 22,920 59,020 110.9751 (2.7281 c¥h infloi¥ fryTrm operaiin8 actiN'iiie5 SJS90 3,454 17

WOODLANDS QUAKER HOME NOTES TO THE FINANCIAL STATEMENTS For tbe year ¢nd¢d 31 March 2022 ACCOUNTING POLICIES Basis of8CCOUntiDg The finan¢ial sithmenls are wepared undtr the histoEical LD5t eonvention. as TtM)dified to include certain items at fair valuq in accordance ￿1th Financial Reporting sta￿lard 102 IFRS 1021 i55ued by the Financial Reporting Council and comply wilh the AcLY)uniin8 Direction tor Private Re8lStered Providers of Social Housin8 2019. the Statement of Recommthded Practice for Re8isiered Social Housing Providers 2018 ISORPI and Ihe Housing and Regeneiation ALX 2008. W(K)dlarvJs Quaker Home is a public benefit eniity (PBEI, As defined in FRS 102 ar¥J applifsthe rel￿￿￿ ￿agra￿lS pref￿ed.pBE" in FRS LO2. Turnover Tilrnover represehts rental and savice ¢harge I￿￿me (net of kn&ses from voids) and is reeogt)ised on a rec¢ivabl¢ basis. Finance incojw is Credi￿ to ihe Residents SurvKt while ill ehanges in fair values of investments are credited to the PcTrnanent Enthwm¢nt Fund. Operntlng costs The apkN)rtionmerti of employee costs professirmal ¢har8e5 is FAsed an estimate of time spertt. Other overheads are 3wortiOn￿ in the sam¢ ratio management salarics. Items Purc￿ed considered as an asset utlderthe value0r£2￿ have not been capitili5sJ. R¢palrs and nwllltenanet The c05t of routine repairs and maintenance is charged to the stsiemeni of Compr¢hensiv¢ Ino)m¢ as in¢u￿¢d. Major li￿rkS &ipiialised to ihe e.xlent that tho. improve ihe e¢onomi¢ benefi¢ of ihe #ssel through an increase tn renthl inLxbm< 8 redu¢¢ion in maTrnnonce costs or through #n extension of the lifc of the woperty. Housthg property Housing property consists of direct knildin8 Costs 2nd interest capilalised up to practical completion. The buildin8s erLrt¢d on land 01￿7￿] by th¢ W8mi¢kshire Monthly Meeting. So¢lal Houslng Grants Grants r¢laling io &85¢ts art recO￿lsed a s)MemK basis over tILe exr*aed useful life of the asset. Grants received for housing prOt￿nIeS are recoyised as ovet rh¢expe¢￿ wfu] life of the housin8 prO￿rty structure. Grans r￿l¥¢d from rnn-govertw¢th sources a￿ rewi￿￿ a5 reven￿ USLng the ￿rfotTha￿¢ tEM)del. Depreciation and impgirMtnt Dep￿ciatIon of knusing propertie5 15 charged &$ to wriie ¢kn¥n CO￿ thr than land io its esiimaled residual Val￿ on a 5trdight line ￿15 over ihe extttted hLI ttortomic lift of 50 )t8ts. Major com[￿ents in Tr Padd￿k flats treated as warabk assets a￿1 thpTe¢ia￿ ov¢r th¢iT t￿lma￿d eCO￿)Mic li%'es as follth¥s' Kiichens Bathmms Lifts Exlernal lighting wind￿VS Exicrnal Doors Boile￿ & centr￿ h¢81ing 20 Jears 30)ths 25 Itars 30 Jrars 30 )rars 30 )tars 20 j¢at5 18

WOODLANDS QUAKERHOME NOTESTOTHE FIYANCIAL STATENIENTS For th¢ y¢gr ended 31 l¥larch 21112 ACCOUNTINC POLICIES (COYTIYLED) Deprtti4tion itjpaimeni (Con11￿lled) Iktyccialion of other worrty, plani & eqwpunenl IPP&E) is tknged b). ann￿ in￿aIn￿nts cornmencing with the year of acquisition at raies t￿l￿￿ted io iyriie off their I￿ 3ny valut. over tk ¢XWled useftsl lives which are as follows.. Fumimre and equipnKnl Fuminjre and equipnKnt ImpaiTrneniofSoelrtlHoMslfvg Prop￿leS Prwes held for their ￿(1#1 betfii ¥e Mt held ￿klY for tlr infloiis tho genETit¢ and are held for iheiT Setvir¢ ￿tellI]dI. An a￿S$￿ent bs Ma￿ at each rerthing dai¢ to w￿ther an ijNliratQT of impaimiem exists. If such ath itmlicator c￿$¢5. impirmeni assessmert is cattied out ar￿ an e5titna of Ihe recoverable am￿llt of the a55¢t is rna¢k. ]er¢ the carvj'illg atnount of as5Ct ttxcceds its Tewverable afflounL an ITnpalrt￿It loss is reco￿lSed in surplus or deficii in the Statcmcnt of compre1￿s1￿ Incon￿. Tr recoi""erabl¢ atnount of an is il higher of it5 valu¢ in use and fair value less costs to sell. Where asseis are ￿ld for their service wtential, ￿TluC in use is deiefrRined b). the p￿$¢￿1 Val￿ of asseL"$ rem2inirtE sern'itt p)ieniial pl￿5 the net aJnount £¥￿¢1¢d to ￿ ￿ctIVe￿ frotn its di$F)sal. tkpreciaTed tryI￿C￿¢￿t ¢ost is tskeTh as a suitable I￿15￿remeM rrnNJel. An i￿Pair￿ent loss is rcversed if re&fon5 for Ihe loss ha￿ c£&￿￿ to apply and includd in surplu5 or d¢ficit in th¢ Siaiement of Compretknsive I]KOme. InvestmeDt property Pri¥crties held lo earn cotnrnercial rents or for capithl alveciat￿ or trf)ih are cld55ified as ini'esknneni prorKrties. Investment pTh)￿rtIes aTe n￿LSUred ai fair Wd1￿ atllwallj. and artj Chan￿ recogni%d in the Staiemeni of Coniweknsive Income. Inve3tThiC￿Is Tlr Padd￿._ 15%on red￿ing Wance Tk HotK. 13%on ￿]￿ingbalance Inv¢stm¢nts thai are publicl>' Iraded or %14Mise fair value tan k nKasured reliably are rn¢a5ured at fair value iviih ¢han8es in fair lue recognised a5 8 surylu5 OT d¢firil in siaiemeniof LY)mrtthensive iiKome. Inventors Inveniories are valued at ihe 10i7RT ofc1>5t and rtt realisable Wal￿ Cost repr￿¢￿1$ ai pwch&8e invoice PTLce and C￿sISt5 Orcl￿ning w(MJurls f￿1 51(¢ks w￿lS1a11￿ery. Taxxtion The Wwdland5 hzs charitable yalus and is tknf￿e not 5￿je¢l 10 wtp)raiK)n i&xon j15 surplu5. Cash and tgsh equivalents Cash and cash equivalents cortWri5¢ fd5h in ajul denwxi IWiL% uith Ifv 5knrt t¢rnL highl} liquid investmenis thai are readily corL¥ertible itjto kIk)W￿ amounts olcash a￿d ar¢ 5ubj¢ct lo an insignifi&￿1 risk of chan in valu¢. FinaÈ]cial [￿Se1S and Iironcial liabilitie5 are ffcognised Wo(MJlands betomes a pany io ihc cotltractual Provisions of ihe iftstnjtnent. Fiiiwiciol carFied ojnortisedcosl Financial a55ei$ catried ai amortised COM C(￿￿p￿se reni ITk atxl rts receivabk5 and cash and cash equivalents. Financial ￿gelS are ini11￿lY TecooDised ￿ fair i'aluc plus direcil}' ￿trIbU[able iransaclion cosis. After initial rtwgnitioty th*). are measured ￿ amorti5rd c05t the ¢lTedive iffleresi meth￿. Discounting is oniiiied ii'here Ihe eff¢d ofdi5cixmling 15 IlllTtiaicrial. If there is objeciil'e evidence ihoi ihere is an impairmcnt loss. lh¢ anwuni ofihe 1055 l5 measured as th di(feretice the a￿¢1,$ ¢arry"ing am0￿1 prtsent laju¢ of ¢51itnaied fvttjre cash floi%s diiciwjnied ai ik financial asset's originHI effective inlcrc51 tatt. The caTr)'ing ar￿UnI of ihe &%sei is reduced acc(Kdinglv. 19

WOODLAL¥DS QUAKER HOME NOTES TO THE FlliANCIAL STA TEMEf4TS For Ih¢ y¢ar tDded 31 M8rch 2022 ACCOUNTIEIG POLICIES (COYI TINUED) Finarttill instruments {ContlDuedl A fina￿la1 &sset is &twised when ihe conirnctual ri8h15 tothe c&5h fl1)￿ ewr< or ivhen the flnancial &wl and all substanlial risk5 rthvard are transferred. If an arrnngement cix]siimi¢s a fjnancing transaciiThL the fjnaneiai is me&wI￿ at the [￿¢Se￿ value of the future payinents di5coundat a rnarket rate ofinteKst for asimiiar thbt i[￿AM￿nI. These fjtwicial liabiliti¢s trnd¢ aTKlo¢lf pyabl¢s a￿1 i#ter¢si bearin8108rn5 and botyoiwn8S. Non-curreni thbi instmments wthi¢h meet ￿e$S0ry conditions in FRS 102. ar¢ Initi￿lY reco￿1d at fair value adJuS￿d lor athy direcily attriixrfable tra￿￿10￿ ttssi arKI substqU￿tiy. measurtd at amortised Cou using the effe¢iive irtltrt51 mctho(L ivith intetC51-relatcd charge5 rvw8lli5ed a5 an exFn5e in costs ￿ the sI￿eT￿e￿I of Cornwth¢TSiV¢ Inco[￿. Di5cowling 15 Omittd wherr the of diwunting is ittunatrrial. A fiTHnciaJ liability is d¢reco￿L￿d only tk rknligaiion is &xlinguishc(L that is. Ivhen the obligation 15 dischlrgcd. carKelkd or cxpire& For reni arre￿S ivhere tTrR arr8n8emerf ¢(KWitth¢s. in ¢lTed, a finan¢it)g transadion b¢¢wse of extenthl ¢redit arrangenThts the aJT¥drs are n￿su￿ at the pesertt ¥￿lle ol ￿ fun1￿ rAyJrnts disLuMJffled at an awropriaie maikct ralc of iniercst. Pension $eheme Th¢ W(KKI13￿ds qKrdt¢s a 5tskeknldcr persion khalf of it5 ernplo)re5. Contri7￿10￿5 are charged to the Stal¢rtLenl of Com[r&￿1Ve InLX)me &$ iky are rnad& Tr W(MN]land5 also makes contribulioThs to the persorMI ttll5ion plans of ￿rtaiTh staft ivhich are¢ha￿d to tk Stawneni of Cmprekns1￿ [r￿Orne as they are made. R¢strie¢ed r¢strve$ Where ￿serveS are ￿bJert to ¢xtml restriclion gre sq)ardtcly recognised wiihin reserves 2$ a restricted rc5et￿. R￿C￿lle and eX￿￿[i￿re is irKI￿￿ in the Slate¥rrnt of Cl￿pT￿￿1Vc In(y)Tn¢ gnd a tr?￿f¢r is ttbade frotn the Irv¢￿¢ rwrye lo the re5trict¢d re5er¥¢. SIGNIFICANT MANAGEMENT JUDGEMENTS AND KEY SOURCFS OF ESTIMATION UNCERTA1Tr41TY The piepardiion of fmancial ￿￿eMentS Te4uires Mawett￿nI lo make judgen￿¢s, e￿iMaleS and assumpiiorks that atrect tk applicati￿ of poltcies atxl rewrted aMo￿nts of ￿Sets liabiliti￿ incon￿ and ex￿nses. Tr t￿lMateS and ￿S0¢￿￿ed ￿5￿mpli0￿5 aTe based on hi5totical expeticnce a]Ml vatiOU5 other facLot5 that a￿ be11￿.cd io rcasonable under thc cireuntstattts. Ilt results of iihich fm basis ofm2king tl Judgen￿ntS aEx)ut carry'ing values of assets babiliiies thai OT¢ ￿t rtadily appmjt fri￿ ottr siwtts. Attua] Tesults may differ from thes¢ esiimales. Eslimales and imikrl)?og &ssuJwioJ]s arr an Dngoing 15i& R¢vi5iQtis 10 Jttounting estirnates are r¢c08ni￿ in the in Ivhi¢h tk CStiTrMt 15 TEv]￿d and in atly tutute aff￿ Components OJIIw￿1v8pr0Perfle5 ondiisefylliveF Major ￿m￿)nentS of IK)using properties haye si8nific3ntl} diffuent ￿tter1￿ of con5Utnplion of econotni bentfits and e5titnates are nrade lo a]l(ute initial ￿st of the property lo its Major comwnents and to depreciate ￿ch cornponenl sewdratd). oTrrr its ecotx)mic life. The Association considers iTrthether there are any indications thal the usefiJ] lives require revision at ea¢h rewting d81¢ to w￿ure Ihat they remain appnipri&te. Going eoneern The Ass(kiaiion's f1ft2ntial staterne￿s ha¥t &en prepared on 2 EoinE eoncern basis ithich assumes an 2biliry ID ¢onlinue operating for ilic fortsceablc f￿u[C. No 5i8nificanl COTKCrnS hai'c nolcd and CD115ider il &PPIOPtiate io ￿ntilli￿ to p￿pare the finaTh¢ial statwts ona ￿Ing¢{￿¢T￿ basi> 20

WOODLANDS QUAKER Ho￿lE NOTES TO THE FINANCIAL STATE￿IENTs For the year ended 31 Mgr¢h 2022 TURNOVER AND OPERATING COSIS 2022 OpeTating Costs Surplu (deficit) TUr￿ver Social housin8 lettings (Note 3a) 1,751498 (1.842.525) (90,0271 AetlVLtit$ other tban social hollslng atlivltits Donation5 Other inwme and grants 5.138 89.967 5,138 89.967 Total 1,847,603 (1.842.525) 5,078 2021 Operating Cosis sU￿lUSI {d¢ficitl So¢ial hou51Dg le¢lings (Nole 3a) 1.638.944 {1.847.906) (208,962) Activltits other thAn so¢ll housing diYilits Donation5 Oiher inEOtn¢ gnd grants 12,021 158.126 12,021 158,126 Total 1,809,091 {1,847,9061 138,8151 21

¢¢trIm￿tr In rrJe* r-

WOODLANDS QUAKER HOI¥IE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Nl8rch 2022 UNITS IN I¥IANACEMEprr 2022 Number 2021 NumbeT Sheltered kn￿$1ng for ol(kr people Care homes 25 25 44 69 69 FINANCE IPICOME 2112Z 2021 DiTridend5 Qn iE]ve5tTnen15 Interest on bank detK)sits 12,157 7,339 12,157 7,346 JNTEREST PAYABLE AND FINANCING COSTS 21J22 2021 Repavable itholly or partl) in more ihan fil'e years 8th88 8,885 23

WOODLANDS QLAKER HOME NOTES TO THE FINANCIAL STATEMENTS For th¢ y¢Ar¢Dd¢d 31 M•r¢h 2022 STAFF cosrs 21122 2021 Wages and salaries Emplo)'ers national in5UTa Pension contributions 1207.291 75,740 32,305 1.207.333 76,745 33,828 lJ15.336 1,317.906 Number Number Avgrage mimberofemplo) anagemen¢ AdminisNion staff Care & Spinnry staff Support staff Paddock staff 12 39 15 12 16 69 71 The Truslee Direcwrs ijid n¢K T¢ceive any remuner￿10 There are no st3fTiiho tam Tnore than £60k #nnum. there[￿¢ the banding di5closure5 a5 set out in the 2019 Accounling DirECtion for such etMp]oy￿ are llot required. OPERATING SURPLUS I(DEFICIT) 2022 2021 ThE owralingsiirphis/(deficii) is51atsdfjfterchurging/(cre<fj¢ingJ.' Depreciation 24W6 32.995 24,836 34,184 - owned assets L05s on di5P)5al offixed a55ets Auditor's remunerntion Amortisation of government 8fdnt5 7,050 (10,9751 6,798 110,9751 24

WOODLANDS QUAKER HOME NOTES TOTHE FINANCIALSTATEMENTS For the yexr ended JI .%larcb 2022 HOUSINC PROPERTIES- LEASEHOLD Under C•ustru¢lion Completed Sheltered ollsitsg Cgr¢ for older home people Care hffvmt Total COST At l April 2021 Additions DIS￿slIS in the )'ear 1.860 ,202 J69 730,110 1,934,339 4.450 4,450 {2,4251 (2.4251 At 31 March 2022 ,202 J69 732.13S 1.936.364 DEPRECIATION At l April 2021 Charge fL)r yfar EliminatEd on diS[￿SaI 375,882 283.855 24.836 21,601 {8951 659,737 46,437 (8951 At 31 Mar¢h 2022 4￿1.718 304,561 705,279 NET BOOK VALUE Ai 3 1 March 2022 l J60 801hSI 427J74 1.231,085 Ai 3 1 March 2021 1.860 826,487 446,255 1.274.602 Total expenditure on i%Drk5 lo existing pro￿rtI¢5 arnounied 10 £90JO¥12021 £107,828). Of this expenditure £ 4.450 {2021 £24.5831 ivas capitalised in the )'ear. The IK)using properties are held on a 25 )'ear lease from Central F.ngland Quaker5 and a55uranr¢ ha5 bttn given tha¢ (he lease iiill be exiended be)ond this ierni. 25

WOODLANDS QUAKER HOME NOTES TO THE FIf4ANCIAL STATEMENTS For the year ended 31 MAY¢h 2022 Jo. OTHER PROPERTY. PLAIYT AND EQUIPMENr Furnlture equipment Sh¢lt¢red hov$lng Care home COST At l April 202I Addition5 DIS￿581$ 89,659 375,224 464,883 At 31 March 2022 89,659 375.224 464.883 DEPRECIATION At l April 2021 Char8e for year ElimiDated (Trn disiwl 71256 2.580 303,292 8,813 374,548 11,393 Al 31 March 2022 73,836 312.105 385,941 NET BOOK VALUE AL 3 1 Mareh 2022 15023 63,119 78,942 At 31 Manh 2021 18,403 71.932 90,335 Il#. INVESTMETr4T PROPERTY VALUATION At 3 1 March 2022 175,OIKI At 31 March 2021 145.000 Th¢ inv¢stnKnt properL>'. ithich bs leasehold. w&s valued to fair i'aiue at 31 March 2022. based on a valultion undertdkeTh by Nick Tart E￿8(¥ A£eTr￿ an indep￿ttl ￿l￿tr %¥ith rec￿1 experier￿C in the lo￿tIOn and cla55 of ink'estmeni property being valued. 26

WOODLANDS QUAKER HOME NOTESTO THE FINAYCI.4L STATEMENTS For tbe year ended 31 Trlarch 2022 Ilb. INVEsTmEr￿s 2022 2021 Listed illve5trnents Fair value al l April 2021 Chan8e in fair value Additiorts in year Diw$als in ye MovEm¢nt in cash 214502 13,645 22,789 19,995) 12,878) 180,724 25,716 25,162 15,735} 111 J65) Fair value ai 31 March 2022 L18.063 214502 Unilst¢d Invt5tmtnts Market i'alue at l April 2021 Disposalslrevalualions Fair value at 31 March 2022 Long tenn cash dewsits IIM),914 100.841 Toial 338,977 315,343 I It. INVENTORIES 2022 2021 9,694 9,684 12. DEBTORS 2022 2021 rees in arrvdrs (rhe Home) Other debtOT5 Prepai'ments and accruej income 77.385 569 14.164 71,651 1289 18,541 92,118 91.481 13. CASH AND CASH EQUIVALENTS 2022 2021 Bu5in¢s5 premium account Wellare fijnd accounts Paddock Tenanis A$S￿lation a¢¢oun( Cash in hand 115,713 18.977 80,276 18.977 179 1,746 IA)3 136,9112 101,178 27

WOODLANDS QUAKER HOME NOTES TO THE FJNAf4CJAL STATEMENTS For the yEar ellded 31 Marth 2022 14. C.REDITORS: AMOUNTS FALLING DUE WITHIN Oh'E YEAR 2022 2021 Housing loans (note 15) Fees in advance (The HonJ2) Other taxation atKI ￿)cIal security O¢her ¢r¢diiors atK1 awruals Quaker Htsusing Ttust loan (note 15) Triodos loan (note 15) Government grants (note 16) 1,016 12.096 19,730 69,054 2?33 3J23 10,975 883 7,477 20.495 72,605 2.333 3.209 10,975 JI8.527 17,977 IS. CREDITORS: A,MOUNTS FAI.LINC DUE AFfER MORE THAN ONE YEAR 2022 2021 Housing loans Quaker Housing Tn￿ loan Triodos loan Government grants (note 16) 40.968 9J33 59,696 331874 41,983 11,667 63.019 343,849 442.871 460,5 18 The Housing loan is secured on The P&Mctk Flats and is repayable over S￿(Y years from l January 1980. the rate of interest charged being 14.5Y.. The Quaker Housing Trust loan 15 inte¥e5t fre4 unsrcuTed and repayable in equal annual iDStalmeThts ov 15 years Bnd i5 interest free. The Trith loan is repayable over 25 years. the rateof interest i5 variable. ¢u￿n11Y 3.5%. 2022 2021 The loans ure rejwvble in I￿la1￿￿￿15 dueosfollwvs." Within one year or1¢55 672 6,425 More than year but not T￿1¢ than tiwyears Mor¢ thall t￿￿> )'ears not more th8n fiveyew¥ More than five years 6,943 22,745 80,309 6,672 21.754 88.243 116.669 123,094 28

IVOODLANDS QUAKER HOME NOTES TO THE FINANCIAL STATEMEP4TS For the year ended 31 T¥la￿h 2022 16. DEFERRED INCOME- GOVERNMENT GRANTS 2022 2021 At l April ?021 Grants re¢eiN'abl¢ AJtJOni$aiion ¢0 5tat¢rtwIt of rornpT¢h¢n5ivr in(>JtD¢ 354.824 365,799 {10.97S) {10,975) At 31 March 2022 (note 151 343049 354.824 Amortisation < l year 10,97S 10,975 Amorti5alion > l year 332074 343,849 The cumlllaiive amount ofsHG received by ihe W4J)dlands £535.43 1 12021 .. £535,431). 17 FINANCIAL INSTRUMENTS The Ca￿.1￿g ¥?liies of the A%8ociation's financial assets and liabilities are set out in the folloiiing notes to (he financial statemenls.. Flnancial 855ets 2022 2021 Measured at fair valve ih]rJugh Sthremeni of ComwehensiNt In¢(Kne Fixed asset inv¢grnents1see [￿te I l) 338,977 315.743 Me&sured at undiscounted arnount Teceis'able Rent arrvdrs and other deb￿r$ (see note 121 77,954 72,940 Cash and cash eqllivalents (see 13) 136,902 101,178 Finaneial liabilitits M¢aSu￿d at arnort15ed c05l Loan5 pa)'able (see tLOte 15) 123.094 123.094 Measured * undiscounied anK)uni ya)'able I'rade and other creditors (see tK>re 14) 69,054 72.605 18 FINANCIAL CO￿[111Th1ENTs At 31 March 2022 the W(KNJlands had capitsl commitment5 as folloii5-. 21122 2Q21 Conlrts apwoi'ed bu¢ not conlracd con1r￿ted but noi proi'ided 29

WOODLANDS QUAKER HOME NOTES TO THE FINANCIAL KfATEMENTS For the year t￿ded JJ March 2022 18 FIliANCIAL COMfvIITMENTS (Coutinwed) Totsl fuiur¢ minimun) kas¢ payments under ty)n8n¢¢llabl¢ opera(tn8 lea￿ are Rs folloThB:_ 2022 2021 Pa)'rn¢nt5 due'.- Wiimn one year Between tiw) and five ycars After fiv¢ years 2J81 3,13 4.013 5,510 5.5Jl 9.523 19 RELATED PARTY TIL4NSACTIONS The premisos (rhe Home) from ivhere the W(xMJlands operdtes is leased from the CentR] England Quakers {CF.Qsl for the fixed term of 25 year5 at a pq>peTcorn renl. Tht CEQ5 wre a relad party by haviTr8 the powers to norninate and apwint T￿￿¢¢5 to the Board. as set out in the TTU5t'5 Goveming Doc4]ment. 30