DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
**Charity registration number 1146035**
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Miss J Jones Mr K Sharp (Appointed 9 August 2022) Mrs F A Joseph Mrs T Rushworth (Appointed 9 August 2022) Mr M J Greig (Appointed 1 December 2022) Mr F Gledhill (Appointed 1 December 2022)
## **Charity number**
**Charity number** 1146035 **Registered and principal office** 29 The Lodge Linthwaite Huddersfield HD7 5TG **Independent examiner** Alison Whalley BA (Hons) FCA Azets Audit Services Ltd Carlton House Grammar School Street Bradford BD1 4NS
## **Bankers**
HSBC UK 2 Cloth House Street Huddersfield West Yorkshire HD1 2ES
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 18|
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
The trustees present their annual report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Declaration of Trust, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charitable objects are the relief of sickness and to promote the preservation and protection of health by providing a respite holiday in a specifically adapted caravan(s) for children and families who have life limiting illness or for bereaved families suffering bereavement from the loss of a child, parent or carer.
Ruddi's Retreat is a charity that helps families affected by cancer or life limiting illnesses. We send families on holiday to one of our beautiful caravans situated at the 5 Star Caravan Park at Primrose Valley.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
Ruddi’s Retreat have had a very successful year. With the money raised and donated we have been able to offer the respite holidays to a very high standard. We were unsure how things would go since coming back after the pandemic, but again we have gone from strength to strength, and we are doing extremely well and hope to continue this success into 2023/24. We have purchased our 5th Caravan, which is sighted near Blackpool on a Partington’s site, as well as celebrating our 10-year anniversary with a fundraising ball. We had another visit from our Patron, Sarah the Duchess of York who enjoyed visiting our café and judged our Easter egg competition. We were invited to attend the Party at the Palace to celebrate the Queen’s Golden Jubilee as well as attending the Garden Party at Buckingham Palace in recognition of The Queen’s Volunteering award received in 2021. We were very proud to have been invited and attended with pleasure. We ran a very successful Ruddi’s Reindeer campaign, and we not only gave a gift to children who were in hospital over Christmas we were also able to support over 200 local children to ensure that those that are less fortunate also received Christmas gifts. We were also able to donate some presents to Mission Christmas, Cash for Kids and were pleased to welcome Milo and Rosie from Pulse Radio to receive the gifts from us. Two of our Trustee’s took part in Pedal 4 Pounds with Huddersfield Town Foundation on May 19th, 2023 and raised over £18,000.00.
## **Financial review**
The income for the year was £407,811 (2022 £462,782), including income of £ 50,000 on restricted funds. Expenditure amounted to £437,106 (2022 £437,029), including £16,535 restricted. The net expenditure for the year was £29,295 (2022 £25,753 income).
In additions to the restricted fund expenditure is £33,465 which is included in the fixed asset additions.
In terms of going concern, given the positive future cash flows anticipated, the trustees do not consider that there are any uncertainties so significant to cast doubt over the ability of the charity to continue as a going concern.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Using the strict definition of reserves - unrestricted net assets of the charity less the value of fixed assets (i.e., Sums which are not readily realisable), this means that the charity general funds of deficit £155.
- 1 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **Structure, governance and management**
The charity is governed by its Declaration of Trust dated 21 February 2012, amended 20 May 2013 and registered as a charity in England and Wales.
The trustees who served during the year and up to the date of signature of the financial statements were: Miss J Jones Mr K Sharp (Appointed 9 August 2022) Mrs F A Joseph Mrs A Binns (removed) (Resigned 5 December 2023) Mrs T Rushworth (Appointed 9 August 2022) Mr M J Greig (Appointed 1 December 2022) Mr F Gledhill (Appointed 1 December 2022)
Trustees are appointed for the skills and experience they bring to the charity. Training is provided if necessary.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The decisions of the charity are made by the trustees, with day to day management delegated to the manager.
The trustees' report was approved by the Board of Trustees.
Mrs F A Joseph **Trustee**
10 January 2024
- 2 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 3 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RUDDI'S RETREAT**
I report to the trustees on my examination of the financial statements of Ruddi's Retreat (the charity) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Alison Whalley BA (Hons) FCA**
Independent Examiner Azets Audit Services Ltd Carlton House Grammar School Street Bradford BD1 4NS
Dated: 10 January 2024
- 4 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and
legacies
**3**
90,937
50,000
Other trading
activities
**4**
266,874
-
Other income
**5**
-
-
**Total income**
357,811
50,000
**Expenditure on:**
Raising funds
**6**
321,502
-
Charitable activities
**7**
99,069
16,535
**Total expenditure**
420,571
16,535
**Net (expenditure)/income**
**for the year/**
**Net movement in funds**
(62,760)
33,465
Fund balances at 1 April
2022
139,769
-
**Fund balances at 31**
**March 2023**
77,009
33,465|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
140,937
79,955
86,117
266,874
264,740
-
-
31,970
-
407,811
376,665
86,117
321,502
299,340
-
115,604
51,572
86,117
437,106
350,912
86,117
(29,295)
25,753
-
139,769
114,016
-
110,474
139,769
-|**Total**
**2022**
**£**
166,072
264,740
31,970|
|---|---|---|
|Donations and
legacies
**3**
Other trading
activities
**4**
Other income
**5**
**Total income**
**Expenditure on:**
Raising funds
**6**
Charitable activities
**7**
**Total expenditure**
**Net (expenditure)/income**
**for the year/**
**Net movement in funds**
Fund balances at 1 April
2022
**Fund balances at 31**
**March 2023**|||
|||462,782|
|||299,340|
|||137,689|
|||437,029|
|||25,753
114,016|
|||139,769|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2023**_
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**13**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
Net current (liabilities)/assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**16**
Unrestricted funds
Designated funds
**17**
General unrestricted funds|**2023**
**£**
12,908
20,388
33,296
(33,451)
76,909
100|**£**
110,629
(155)
110,474
33,465
77,009
110,474|**2022**
**£**
22,059
33,497
55,556
(17,637)
101,850
37,919|**£**
101,850
37,919|
|---|---|---|---|---|
|||||139,769|
|||||-
139,769|
|||||139,769|
The financial statements were approved by the Trustees on 10 January 2024
Mrs F A Joseph **Trustee**
- 6 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
## **Charity information**
Ruddi's Retreat is a charity registered in Engalnd and Wales on 21 February 2012 and is governed by its declaration of trusted dated 21 February 2012, amended 20 May 2013.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's Declaration of Trust, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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 contingent asset.
- 7 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 20% Straight line Fixtures and fittings 20% Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 8 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
Donations and gifts
70,387
5,000
Grants listed below
20,100
45,000
Sponsorship
450
-
90,937
50,000|**Total**
Unrestricted
Restricted
funds
funds
**2023**
2022
2022
**£**
£
£
75,387
51,853
500
65,100
27,212
85,617
450
890
-
140,937
79,955
86,117|Total
2022
£
52,353
112,829
890|
|---|---|---|
|||166,072|
- 9 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**3**
**Donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
**Grants receivable for**
**core activities**
Albert Hunt Trust
5,000
-
HMRC Job Retention
Scheme
-
-
Kirklees Metropolitan
Council
-
-
Arnold Clark
2,000
-
Clothworkers
Foundation
-
20,000
One Community
3,000
-
Sir George Martin
Trust
-
-
The Swire Charitable
Trust
-
-
Zurich Community
Trust
-
-
Miscellaneous grants
-
-
Adamson Trust
-
-
Bruce Wake
Charitable Trust
1,100
-
Delamere Dairy
Foundation
-
-
The Edward Gostling
Foundation
-
-
National Lottery
-
-
Postcode Neighbour
-
-
Screwfix Foundation
-
-
The Denton Charity
Trust
-
-
TSL Kirklees
-
-
West Riding Masonic
Lodge
-
-
Edgar E Lawley
Foundation
1,500
-
Felicity Wilde
Charitable Trust
1,000
-
The Hedley
Foundation
2,000
-
Sir James Roll
Charitable Trust
1,500
-
The Webb Family
3,000
-
Wooden Spoon
-
25,000
20,100
45,000|**(Continued)**
**Total**
Unrestricted
Restricted
Total
funds
funds
**2023**
2022
2022
2022
**£**
£
£
£
5,000
-
-
-
-
7,652
-
7,652
-
10,034
-
10,034
2,000
-
-
-
20,000
-
-
-
3,000
-
3,000
3,000
-
3,000
-
3,000
-
-
19,572
19,572
-
-
22,000
22,000
-
3,526
1,045
4,571
-
-
2,000
2,000
1,100
-
2,500
2,500
-
-
2,000
2,000
-
-
5,000
5,000
-
-
9,800
9,800
-
-
9,700
9,700
-
-
2,500
2,500
-
3,000
-
3,000
-
-
4,500
4,500
-
-
2,000
2,000
1,500
-
-
-
1,000
-
-
-
2,000
-
-
-
1,500
-
-
-
3,000
-
-
25,000
-
-
-
65,100
27,212
85,617
112,829|**(Continued)**
**Total**
Unrestricted
Restricted
Total
funds
funds
**2023**
2022
2022
2022
**£**
£
£
£
5,000
-
-
-
-
7,652
-
7,652
-
10,034
-
10,034
2,000
-
-
-
20,000
-
-
-
3,000
-
3,000
3,000
-
3,000
-
3,000
-
-
19,572
19,572
-
-
22,000
22,000
-
3,526
1,045
4,571
-
-
2,000
2,000
1,100
-
2,500
2,500
-
-
2,000
2,000
-
-
5,000
5,000
-
-
9,800
9,800
-
-
9,700
9,700
-
-
2,500
2,500
-
3,000
-
3,000
-
-
4,500
4,500
-
-
2,000
2,000
1,500
-
-
-
1,000
-
-
-
2,000
-
-
-
1,500
-
-
-
3,000
-
-
25,000
-
-
-
65,100
27,212
85,617
112,829|
|---|---|---|
|||112,829|
- 10 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**4**
**5**
**6**|**3**
**Donations and legacies**
**(Continued)**
**Other trading activities**
**Unrestricted Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising events and lotteries
18,343
13,301
Cafe income
237,829
238,270
Private Caravan Hire
10,702
13,169
Other trading activities
266,874
264,740
**Other income**
**Total**
Unrestricted
funds
**2023**
2022
**£**
£
Sale of caravans not capitalised
-
31,970
**Raising funds**
**Unrestricted Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising and publicity
Seeking donations, grants and legacies
1,114
3,018
Other fundraising costs
9,695
3,998
Fundraising and publicity
10,809
7,016
Trading costs
Operating cafe
152,669
160,900
Other trading activities
16,221
2,957
Staff costs
115,216
102,912
Support costs
26,587
25,555
Trading costs
310,693
292,324
321,502
299,340|**3**
**Donations and legacies**
**(Continued)**
**Other trading activities**
**Unrestricted Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising events and lotteries
18,343
13,301
Cafe income
237,829
238,270
Private Caravan Hire
10,702
13,169
Other trading activities
266,874
264,740
**Other income**
**Total**
Unrestricted
funds
**2023**
2022
**£**
£
Sale of caravans not capitalised
-
31,970
**Raising funds**
**Unrestricted Unrestricted**
**funds**
**funds**
**2023**
**2022**
**£**
**£**
Fundraising and publicity
Seeking donations, grants and legacies
1,114
3,018
Other fundraising costs
9,695
3,998
Fundraising and publicity
10,809
7,016
Trading costs
Operating cafe
152,669
160,900
Other trading activities
16,221
2,957
Staff costs
115,216
102,912
Support costs
26,587
25,555
Trading costs
310,693
292,324
321,502
299,340|
|---|---|---|
|||7,016|
|||160,900
2,957
102,912
25,555|
|||292,324|
|||299,340|
- 11 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **6 Raising funds**
## **(Continued)**
## **7 Charitable activities**
|**Caravans**
**and**
**holidays**
**Caravans**
**and**
**holidays**
**2023**
**2022**
**£**
**£**
Staff costs
33,520
67,383
Project costs
55,496
44,751
89,016
112,134
Share of support costs (see note 8)
25,488
23,690
Share of governance costs (see note 8)
1,100
1,865
115,604
137,689
**Analysis by fund**
Unrestricted funds
99,069
51,572
Restricted funds
16,535
86,117
115,604
137,689|**Caravans**
**and**
**holidays**
**Caravans**
**and**
**holidays**
**2023**
**2022**
**£**
**£**
Staff costs
33,520
67,383
Project costs
55,496
44,751
89,016
112,134
Share of support costs (see note 8)
25,488
23,690
Share of governance costs (see note 8)
1,100
1,865
115,604
137,689
**Analysis by fund**
Unrestricted funds
99,069
51,572
Restricted funds
16,535
86,117
115,604
137,689|**Caravans**
**and**
**holidays**
**Caravans**
**and**
**holidays**
**2023**
**2022**
**£**
**£**
Staff costs
33,520
67,383
Project costs
55,496
44,751
89,016
112,134
Share of support costs (see note 8)
25,488
23,690
Share of governance costs (see note 8)
1,100
1,865
115,604
137,689
**Analysis by fund**
Unrestricted funds
99,069
51,572
Restricted funds
16,535
86,117
115,604
137,689|
|---|---|---|
||**2023**
**£**
33,520
55,496
89,016
25,488
1,100
115,604
99,069
16,535
115,604|**2022**
**£**
67,383
44,751|
|||112,134
23,690
1,865|
|||137,689|
|||51,572
86,117|
|||137,689|
- 12 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **8 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Depreciation
25,872
-
Premises
14,318
-
Office
6,140
-
Insurance
684
-
Legal and professional
-
-
Bank charges and
interest
2,976
-
Subscriptions and
licences
985
-
Independent examination
-
2,200
Accountancy
-
-
50,975
2,200
Analysed between
Trading
25,487
1,100
Charitable activities
25,488
1,100
50,975
2,200|**2023**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
**£**
25,872
19,327
-
14,318
15,512
-
6,140
8,219
-
684
124
-
-
908
-
2,976
3,082
-
985
208
-
2,200
-
2,000
-
-
1,730
53,175
47,380
3,730
26,587
23,690
1,865
26,588
23,690
1,865
53,175
47,380
3,730|**2022**
**£**
19,327
15,512
8,219
124
908
3,082
208
2,000
1,730|
|---|---|---|
|||51,110|
|||25,555
25,555|
|||51,110|
Support and governance costs are split equally between the caravan holidays and cafe direct costs.
Governance costs includes payments to the accountants of £2,200 (2022- £2,000) for independent examination fees.
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the current or prior year.
## **10 Employees**
The average monthly number of employees during the year was:
|**2023**|**2022**|
|---|---|
|**Number**|**Number**|
|9|12|
- 13 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**10**
**Employees**
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**(Continued)**
**2023**
**2022**
**£**
**£**
140,709
161,164
4,587
5,546
3,440
3,585
148,736
170,295|**(Continued)**
**2023**
**2022**
**£**
**£**
140,709
161,164
4,587
5,546
3,440
3,585
148,736
170,295|
|---|---|---|
|||170,295|
There were no employees whose annual remuneration was more than £60,000 (2022 none).
## **11 Taxation**
As a charity the company is exempt from tax on income falling within part II of the Corporation Tax Act 2010 and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the charity.
## **12 Tangible fixed assets**
|**Plant and**
**equipment**
**Fixtures and**
**fittings**
**£**
**£**
**Cost**
At 1 April 2022
75,787
53,931
Additions
33,465
1,186
At 31 March 2023
109,252
55,117
**Depreciation and impairment**
At 1 April 2022
13,677
14,191
Depreciation charged in the year
15,157
10,715
At 31 March 2023
28,834
24,906
**Carrying amount**
At 31 March 2023
80,418
30,211
At 31 March 2022
62,110
39,740
**13**
**Debtors**
**2023**
**Amounts falling due within one year:**
**£**
Other debtors
11,500
Prepayments and accrued income
1,408
12,908|**Total**
**£**
129,718
34,651|
|---|---|
||164,369|
||27,868
25,872|
||53,740|
||110,629|
||101,850|
||**2022**
**£**
17,500
4,559|
||22,059|
- 14 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **14 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**2023**
**£**
7,905
18,684
4,500
2,362
33,451|**2022**
**£**
5,472
7,600
2,400
2,165|
|||17,637|
## **15 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £3,440 (2022 - £3,585).
## **16 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
||**Movement in funds**|**Movement in funds**||**Movement in funds**|**Movement in funds**||||
|---|---|---|---|---|---|---|---|---|
||**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**||
||**resources**|**expended**|**1 April 2022**|**resources**|**expended**|**31**|**March 2023**||
||**£**|**£**|**£**|**£**|**£**|**£**||**£**|
|Holidays and|||||||||
|respite care|48,200|(48,200)|-|-|-|-||-|
|Holidays and|||||||||
|respite care|||||||||
|due to Covid|||||||||
|19|29,372|(29,372)|-|-|-|-||-|
|Equipment|3,045|(3,045)|-|-|-|-||-|
|Heating and|||||||||
|air|||||||||
|conditioning|2,000|(2,000)|-|-|-|-||-|
|Caravan|||||||||
|cleaning|500|(500)|-|-|-|-||-|
|Shop and|||||||||
|office rent|3,000|(3,000)|-|-|-|-||-|
|Caravan 5|-|-|-|50,000|(16,535)|(33,465)||-|
|Caravan fixed|||||||||
|assets|-|-|-|-|-|33,465|33,465||
||86,117|(86,117)|-|50,000|(16,535)|-|33,465||
The purchase and kitting our of a new caravan was funded by the Clothworkers Foundation, Wooden Spoon and a private donation. The value of the caravan purchased has been transferred to the caravan fixed asset fund and will be reduced each year for depreciation to show the current value of the caravan.
- 15 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **16 Restricted funds**
## **(Continued)**
Prior year:-
Respite breaks were funded by Zurich, Bruce Wake Charitable trust,Postcode Neighbour, Adamson Trust, Screwfix, Third Sector Kirklees and Edward Gostling
Respite breaks for families affected by Covid 19 were funded by the National Lottery and The Swire Charitable trust.
Equipment was funded by Delamere Dairy Foundation and Huddesfield Common.
The heating and air conditioning unit was purchased with a grant from the West riding Masonic Society. One Community gave a grant for rent.
A grant was received in the prior year from The Foyle Foundation for holidays and respite care.
## **17 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|Fixed asset fund|**Transfers**
**Balance at**
**1 April 2022**
**Resources**
**expended**
**£**
**£**
**£**
101,850
101,850
(25,872)
101,850
101,850
(25,872)|**Transfers**
**Balance at**
**31 March 2023**
**£**
**£**
931
76,909
931
76,909|**Transfers**
**Balance at**
**31 March 2023**
**£**
**£**
931
76,909
931
76,909|
|---|---|---|---|
||||76,909|
A transfer was made in the year to show the additions to the fixed assets.
- 16 -
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
##
||**Balance at**|**31 March 2023**|**£**|-|76,909|100|110,474|||Total||2022|£||101,850|37,919|139,769|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Transfers**||**£**|-|931|(931)|-|||Restricted|funds|2022|£||-|-|-|
||**Resources**|**expended**|**£**|(16,535)|(25,872)|(394,699)|(437,106)|||Unrestricted|funds|2022|£||-|37,919|37,919|
||**Incoming**|**resources**|**£**|50,000|-|357,811|407,811|||**Total**||**2023**|**£**||110,629|(155)|110,474|
||**Balance at**|**1 April 2022**|**£**|-|101,850|37,919|139,769|||**Restricted**|**funds**|**2023**|**£**||33,465|-|33,465|
||**Transfers**|||-|101,850|(101,850)||||**Designated**|**funds**|**2023**|**£**||76,909|-|76,909|
||**Resources**|**expended**|**£**|(86,117)|-|(350,912)|(437,029)|||**Unrestricted**|**funds**|**2023**|**£**||255|(155)|100|
||**Incoming**|**resources**|**£**|86,117|-|376,665|462,782|||||||||||
|**Funds**|**Balance at**|**1 April 2021**|**£**|Restricted funds
-|Designated funds
-|General funds
114,016|114,016||**Analysis of net assets between funds**|||||Fund balances at 31 March 2023 are represented by:|Tangible assets|Current assets/(liabilities)||
|**18**|||||||||**19**|||||||||
DocuSign Envelope ID: FD289BB6-1F91-42EF-923C-2B622FFBA8FE
## **RUDDI'S RETREAT**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **20 Operating lease commitments**
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
|Within one year
Between two and five years|**2023**
**£**
6,706
7,110
13,816|**2022**
**£**
17,206
12,798|
|---|---|---|
|||30,004|
## **21 Related party transactions**
There were no disclosable related party transactions during the year (2022 - none).
## **Remuneration of key management personnel**
The remuneration of key management personnel is as follows.
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Aggregate compensation|68,744|67,856|
- 18 -