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|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|7|
|Report of the Independent Auditors|8|to|10|
|Statement o f Financial Activities||11||
|Balance Sheet||12||
|Cash Flow Statement||13||
|Notes to the Cash Flow Statement||14||
|Notes to the Financial Statements|15|to|24|





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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies|2|30,652|70,909|101,561|18,553|
|**Charitable activities**|4|||||
|Service contract income||2,303,296||2,303,296|2,052,095|
|Other charitable activities||−||−|17,039|
|Investment income|3|35,228||35,228|38,511|
|Total||2,369,176|70,909|2,440,085|2,126,198|
|**EXPENDITURE ON**||||||
|**Charitable activities**|5|||||
|Service contract income||||−|21,019|
|Wages, salaries, agency fees and associated costs<br>Property running costs||1,617,262<br>349,500|38,574<br>29,696|1,655,836<br>379,196|, 1,621,574<br>418,000|
|Residents activities and allowances||30,179||30,179|86,095|
|Depreciation and disposal charges||5,335||5,335|6,338|
|Professional fees||65,970||65,970|59,673|
|Office administration and running costs||259,440|2,639|262,079|97,402|
|**Total**||2,327,686|70,909|2,398,595|2,310,101|
|Net gains/(losses). on investments||167,399||167,399|(131,996)|
|**NET INCOME/(EXPENDITURE)**||208,889||208,889|(315,899)|
|**RECONCILIATION OF FUNDS**||||||
|**Total funds brought forward**||2,053,219||2,053,219|2,369,118|
|**TOTAL FUNDS CARRIED FORWARD**||2,262,108||2,262,108|2,053,219|





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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|11|999,161||999,161|984,745|
|Investments|12|944,700||944,700|754,079|
|||1,943,861||1,943,861|1,738,824|
|**CURRENT ASSETS**||||||
|Debtors|13|247,466||247,466|273,244|
|Cash at bank and in hand||210,937||210,937|181,978|
|||458,403||458,403|455,222|
|**CREDITORS**||||||
|Amounts falling due within one year|14|(140,156)||(140,156)|(140,827)|
|**NET CURRENT ASSETS**||318,247||318,247|314,395|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||2,262,108||2,262,108|2,053,219|
|**NET ASSETS**||2,262,108||2,262,108|2,053,219|
|**FUNDS**|**16**|||||
|Unrestricted funds||||2,262,108|2,053,219|
|**TOTAL FUNDS**||||2,262,108|2,053,219|






## 

|||2021|2020|
|---|---|---|---|
||Notes|||
|**Cash flows from operating activities**||||
|Cash generated from operations|1|37,844|(303,929)|
|Net cash provided by/(used in) operating activities||37,844|(303,929)|
|**Cash flows from investing activities**||||
|Purchase of tangible fixed assets||(19,751)|(70,032)|
|Purchase of fixed asset investments||(24,362)|(39,929)|
|Interest received||35,228|38,511|
|Net cash used in investing activities||(8,885)|(71,450)|
|**Change in cash and cash equivalents in the**||||
|**reporting period**||28,959|(375,379)|
|**Cash and cash equivalents at the beginning**||||
|**of the reporting period**||181,978|557,357|
|**Cash and cash equivalents at the end of the**||||
|**reporting period**||210,937|181,978|





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|**RECONCILIATION O F NET INCOME/(EXPENDITURE) T O NET CASH **<br>**ACTIVITIES**|**F L O W FROM OPE**|**RATING**|
|---|---|---|
||2021|2020|
|**Net income/(expenditure) for the reporting period (as per the Statement**|||
|**o f Financial Activities)**|208,889|(315,899)|
|**Adjustments for:**|||
|Depreciation charges|5,335|6,338|
|(Gain)/losses on investments|(167,399)|131,996|
|Interest received|(35,228)|(38,511)|
|Fixed asset investments adjustments|1,140|2,357|
|Decrease/(increase) in debtors|25,778|(163,856)|
|(Decrease)/increase in creditors|(671)|73,646|
|**Net cash provided by/(used in) operations**|37,844|(303,929)|



||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|
|**Net cash**||||
|Cash at bank and in hand|181,978|28,959|210,937|
||181,978|28,959|210,937|
|**Total**|181,978|28,959|210,937|





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|Freehold land and buildings|notprovided|
|---|---|
|Short leasehold property improvements|overperiod of lease|
|Fixtures and fittings|25% on cost|
|Motor vehicles|25% on cost|



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|**2.**|**DONATIONS AND LEGACIES**||||
|---|---|---|---|---|
||||2021|2020|
||Donations||11,140|18,553|
||Grants||90,421||
||||101,561|18,553|
||Grants received, included in the above, are as follows:||||
||||2021|2020|
||Other grants||90,421||
|**3.**|**INVESTMENT INCOME**||||
||||2021|2020|
||Deposit account interest<br>Dividends received|S|97<br>35,131|939<br>37,572|
||||35,228|38,511|





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||||2021|2020|
|---|---|---|---|---|
||Activity||£|£|
|Service contracts|Service contract income||2,297,721|2,052,095|
|Other income|Service contract income|•|5,575||
|Other income|Other charitable activities|||17,039|
||||2,303,296|2,069,134|



## 

|**CHARITABLE ACTIVITIES COSTS**||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 6)|Totals|
|Wages, salaries, agency fees and||||
|associated costs|1,365,676|290,160|1,655,836|
|Property running costs|300,988|78,208|379,196|
|Residents activities and allowances|30,179||30,179|
|Depreciation and disposal charges|−|5,335|5,335|
|Professional fees|37,970|28,000|65,970|
|Office administration and running costs|122,195|139,884|262,079|
||1,857,008|541,587|2,398,595|



## 

|**SUPPORT COSTS**|||||
|---|---|---|---|---|
||||Governance||
||Management|Other|costs|Totals|
|Wages, salaries, agency fees and associated|||||
|costs|285,346|4,814||290,160|
|Property running costs|71,874|6,334||78,208|
|Depreciation and disposal charges|−|5,335|−|5,335|
|Professional fees|19,149||8,851|28,000|
|Office administration and running costs|92,926|46,958|−|139,884|
||469,295|63,441|8,851|541,587|





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||2021|2020|
|---|---|---|
|Auditors' remuneration|6,000|6,000|
|Auditors' remuneration for non audit work|2,851|3,233|
|Depreciation −owned assets|5,335|6,338|
|Other operating leases|145,127|121,615|



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||2021|2020|
|---|---|---|
|Wages and salaries|1,514,198|1,453,940|
|Social security costs|112,953|99,463|
|Pension costs|40,346|37,379|
||1,667,497|1,590,782|



|**COMPARATIVES FOR THE STATEMENT OF FIN**|**ANCIAL ACTIVITIES**|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|18,553||18,553|
|**Charitable activities**||||
|Service contract income|2,052,095||2,052,095|
|Other charitable activities|9,792|7,247|17,039|
|Investment income|38,511||38,511|
|**Total**|2,118,951|7,247|2,126,198|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Service contract income|21,019||21,019|





## 

|**10.**|**COMPARATIVES FOR THE STATEMENT **|**COMPARATIVES FOR THE STATEMENT **|**OF FINANCIAL **|**ACTIVITIES −confirmed**|**ACTIVITIES −confirmed**||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||Wages, salaries, agency fees and associated||||||
||costs|||1,614,327|7,247|1,621,574|
||Property running costs|||418,000|−|418,000|
||Residents activities and allowances|||86,095||86,095|
||Depreciation and disposal charges|||6,338||6,338|
||Professional fees|||59,673||59,673|
||Office administration and running costs|||97,402||97,402|
||**Total**|||2,302,854|7,247|2,310,101|
||Net gains/(losses) on investments|||(131,996)||(131,996)|
||**NET INCOME/(EXPENDITURE)**|||(315,899)||(315,899)|
||**RECONCILIATION OF FUNDS**||||||
||**Total funds brought forward**|||2,369,118|−|2,369,118|
||**TOTAL FUNDS CARRIED FORWARD**|||2,053,219||2,053,219|
|**11.**|**TANGIBLE FIXED ASSETS**||||||
||||Improvements|Fixtures|||
|||Freehold|to|and|Motor||
|||property|property|fittings|vehicles|Totals|
|||£|£|£|£|£|
||**COST**||||||
||At 1 April 2020|918,490|184,842|30,738|10,250|1,144,320|
||Additions|−|19,751||−|19,751|
||Disposals|−|(6,323)|(5,762)||(12,085)|
||At 31 March 2021|918,490|198,270|24,976|10,250|1,151,986|
||**DEPRECIATION**||||||
||At 1 April 2020|−|118,587|30,738|10,250|159,575|
||Charge for year||5,335||−|5,335|
||Eliminated on disposal||(6,323)|(5,762)||(12,085)|
||At 31 March 2021||117,599|24,976|10,250|152,825|
||**NET B O O K VALUE**||||||
||At 31 March 2021|918,490|80,671|||999,161|
||At 31 March 2020|918,490|66,255|||984,745|





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|**FIXED ASSET INVESTMENTS**|||
|---|---|---|
|||Listed|
|||investments|
|**MARKET VALUE**|||
|At 1 April 2020||754,079|
|Additions||24,362|
|Change in market value||167,399|
|Other miscellaneous adjustments||(1,140)|
|At 31 March 2021||944,700|
|**NET BOOK VALUE**|||
|At 31 March 2021||944,700|
|At 31 March 2020||754,079|
|There were no investment assets outside the UK.|||
|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||2021|2020|
|Trade debtors|214,502|248,950|
|Prepayments and accrued income|32,964|24,294|
||247,466|273,244|
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||2021|2020|
|Trade creditors|47,604|36,098|
|Social security and other taxes|35,115|23,743|
|Other creditors|57,437|80,986|
||140,156|140,827|



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|Minimum lease payments under non−cancellable operating|leases fall due as follows:||
|---|---|---|
||2021|2020|
|Within one year|86,340|105,738|
|Between one and five years|285,300|261,060|
|In more than five years|226,875|254,375|
||593,515|621,173|





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|M O V E M E N T I N FUNDS||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.21|
|Unrestricted funds||||
|General fund|1,303,219|208,889|1,512,108|
|Designated property fund|750,000||750,000|
||2,053,219|208,889|2,262,108|
|T O T A L FUNDS|2,053,219|208,889|2,262,108|



||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|2,369,176|(2,327,686)|167,399|208,889|
|Restricted funds|||||
|BCC Covid Grant|70,909|(70,909)|||
|T O T A L FUNDS|2,440,085|(2,398,595)|167,399|208,889|
|Comparatives for movement in funds|||||
|||Net|Transfers||
|||movement|between|At|
||At 1.4.19|in funds|funds|31.3.20|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|1,484,118|(315,899)|135,000|1,303,219|
|Designated pension fund|30,000||(30,000)||
|Designated property fund|750,000|||750,000|
|Designated service users void fund|45,000||(45,000)||
|Designated redundancy fund|60,000||(60,000)||
||2,369,118|(315,899)||2,053,219|
|T O T A L FUNDS|2,369,118|(315,899)||2,053,219|





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|Comparative net movement in funds|, included in the above are as fo|llows:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|2,118,951|(2,302,854)|(131,996)|(315,899)|
|Restricted funds|||||
|Access to Work|7,247|(7,247)|||
|TOTAL FUNDS|2,126,198|(2,310,101)|(131,996)|(315,899)|



|A current year 12 months and prior year 12|months combined positio|n is as follows:|||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1.4.19|in funds|funds|31.3.21|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|1,484,118|(107,010)|135,000|1,512,108|
|Designated pension fund|30,000||(30,000)||
|Designated property fund|750,000|||750,000|
|Designated service users void fund|45,000||(45,000)|−|
|Designated redundancy fund|60,000||(60,000)|−|
||2,369,118|(107,010)||2,262,108|
|TOTAL FUNDS|2,369,118|(107,010)||2,262,108|



||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|4,488,127|(4,630,540)|35,403|(107,010)|
|Restricted funds|||||
|Access to Work|7,247|(7,247)|||
|BCC Covid Grant|70,909|(70,909)|||
||78,156|(78,156)|||
|TOTAL FUNDS|4,566,283|(4,708,696)|35,403|(107,010)|





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