2023-03-31-accounts

Trustees			Dr A Kumar
			Mrs CJ Moir
			Mr P Whiteman
			Mr R Erskine		(Appointed	28September
					2022)
			Mrs S Davis		(Appointed	28September
					2022)
			Mr P J ETracy		(Appointed	26 July 2023)
Charity number			1152372
Company	number		08462149
Principal	address		Manor Court
			Manor Court Road
			Nuneaton
			Warwickshire
			CV115HU
Registered		office	1The Courtyard
			Goldsmith Way
			Eliot Park
			Nuneaton
			Warwickshire
			CV10 7RJ
independent		examiner	Burgis & Bullock
			1The Courtyard
			Goldsmith Way
			Eliot Park
			Nun eaton
			Warwickshire
			CV10 7RJ
Solicitors			Clarke Willmott	LLP
			138
			Edmund Street
			Birmingham
			West Midlands
			B32ES

				Page
Trustees' report				1-7
Independent	examiner's		report
Statement of	financial	activities		9-11
Balance sheet				12-13
Statement of	cash flows			14
Notes to the accounts				15-26

Current financial	year
			Unrestricted	Restricted	Total	Total
			funds	funds
			2023	2023	2023	2022
		Notes		f	f	f
Income from:
Donations			320		320	49,346
Charitable activities
ResidentiaI care			684,201		684,201	636,992
Investments			45,314		45,314	42,309
Total income			729,835		729,835	728,647
Ex enditure on:
Raising funds			6,547		6,547	4,290
Charitable activities
Residential care	costs		819,566		819,566	694,400
COVI0-19 costs						48,779
Total charitable	expenditure		819,566		819,566	743,179
Total expenditure			826,113		826,113	747,469
Net gains/(losses)	on investments	10				203,020

				Unrestricted	Restricted	Total	Total
				funds	funds
				2023	2023	2023	2022
			Notes	f	f
Net (outgoing)/incoming			resources before transfers	{96,278)		(96,278)	184,198
Gross transfers	between		funds	517	(517)
Net {outgoing)/incoming			resources	(95,761)	(517)	(96,278)	184,198
Other recognised		gains	and losses
Revaluation of	tangible		fixed assets				137,501
Net movement	in	funds		(95,761)	(517)	(96,278)	321,699
Fund balances	at	1April	2022	1,842,260	517	1,842,777	1,521,078
Fund balances	at	31March 2023		1,746,499		1,746,499	1,842,777

Prior financial year	Prior financial year
				Unrestricted	Restricted	Total
				funds	funds
				2022	2022	2022
			Notes	f	f	f
Income from:
Donations				50	49,296	49,346
Charitable activities
Residential care				636,992		636,992
Investments				42,309		42,309
Total income				679,351	49,296	728,647
Ex enditure on:
Raising funds				4,290		4,290
Charitable activities
Residential care	costs			694,400		694,400
COVID-19costs					48,779	48,779
Total charitable	expenditure			694,400	48,779	743,179
Total expenditure				698,690	48,779	747,469
Net gains/(losses)	on investments		10	203,020		203,020
Net (outgoing)/incoming		resources before transfers		183,681	517	184,198
Net (outgoing)/incoming		resources		183,681	517	184,198
Other recognised	gains	and losses
Revaluation oftangible		fixed assets		137,501		137,501
Net movement in funds				321,182	517	321,699
Fund balances at	1April	2021		1,521,078		1,521,078
Fund balances at	31March 2022			1,842,260	517	1,842,777

				2023	2022
			Notes
Fixed assets
Tangible assets			12	649,362	662,916
Investment	property		13	525,000	525,000
				1,174,362	1,187,916
Current assets
Debtors			14	74,463	66,569
Cash at bank and in		hand		544,622	619,951
				619,085	686,520
Creditors: amounts		falling due within
one year				(46,948)	(31,659)
Net current	assets			572,137	654,861
Total assets	less current liabilities			1,746,499	1,842,777
Income funds
Restricted funds			17		517
Unrestricted	funds
General unrestricted		funds		1,608,998	1,704,759
Revaluation	reserve			137,501	137,501
				1,746,499	1,842,260
				1,746,499	1,842,777

			2023		2022
		Notes	f		f
Cash flows from operating	activities
Cash absorbed by operations		20		(120,643)		(73,704)
Investing activities
Purchase oftangible fixed	assets				(10,706)
Investment income received			45,314		42,309
Net cash generated from	investing
activities				45,314		31,603
Net cash used in financing	activities
Net decrease in cash and	cash equivalents			(75,329)		(42,101)
Cash and cash equivalents	at beginning	ofyear		619,951		662,052
Cash and cash equivalents	at end ofyear			544,622		619,951

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
				E
	Rental income		42,175	41,697
	Interest receivable		3,139	612
			45,314	42,309
5	Raising funds
			2023	2022
	Investment	management	6,547	4,290
			6,547	4,290

			Residential	Residential	COVID-19	Total
			care costs	care costs	costs	2022
			2023	2022	2022
			f	f	f
Staff costs			531,411	467,103	45,439	512,542
Depreciation and impairment			13,554	13,283		13,283
Residents facilities			11,605	11,874	3,340	15,214
Provisions and consumable		stores	37,386	28,568		28,568
Rates and water			2,188	1,997		1,997
Light and heat			25,684	28,021		28,021
Repairs and maintenance			90,469	45,524		45,524
Insurance			15,933	13,663		13,663
Cleaning and laundry			9,931	6,585		6,585
Licences and fees			4,361	5,562		5,562
Office sundries			13,613	9,802		9,802
Training and expenses			1,772	4,786		4,786
Utility hire			13,941	13,229		13,229
Garden and Maintenance			21,338	18,101		18,101
Residents entertainment			1,205	1,640		1,640
Staff expenses			621	1,579		1,579
Telephone			3,803	3,267		3,267
			798,815	674,584	48,779	723,363
Share ofsupport costs (see note 7}			16,611	14,890		14,890
Share ofgovernance	costs (see note 7}		4,140	4,926		4,926
			819,566	694,400	48,779	743,179
Analysis by fund
Unrestricted funds			819,566	694,400		694,400
Restricted funds					48,779	48,779

Support	co	sts
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			f	f	f	f	f
Staff costs			11,272		11,272	9,657		9,657
Secretarial		fees	1,561		1,561	1,489		1,489
Professional		and HR
costs			3,778		3,778	3,744		3,744
Legal and	professional			540	540		1,500	1,500
Independent		examiners
fee				3,600	3,600		3,426	3,426
			16,611	4,140	20,751	14,890	4,926	19,816
Analysed	between
Charitable	activities		16,611	4,140	20,751	14,890	4,926	19,816

Employment costs	2023	2022
	f	f
Wages and salaries	515,651	490,569
Social security costs	39,446	35,297
Other pension costs	7,942	7,421
	563,039	533,287

				Total	Unrestricted
					funds
				2023	2022
				f	f
Revaluation	of	investment	properties		203,020

Tangible fixed assets	Tangible fixed assets
			Land and	Property	Fixtures, fittings	Total
			buildings	improvements	&equipment
			f		f
Cost or valuation
At 1April 2022			575,000	99,553	28,206	702,759
At 31March	2023		575,000	99,553	28,206	702,759
Depreciation	and impairment
At 1April 2022				18,360	21,483	39,843
Depreciation	charged	in the year	8,625	3,248	1,681	13,554
At 31March	2023		8,625	21,608	23,164	53,397
Carrying amount
At 31March	2023		566,375	77,945	5,042	649,362
At 31March	2022		575,000	81,193	6,723	662,916

14	Debtors
					2023	2022
	Amounts falling due			within one year:	f
	Trade debtors				54,611	45,782
	Prepayments	and accrued income			19,852	20,787
					74,463	66,569
15	Creditors: amounts		falling due within one year
					2023	2022
					f	f
	Trade creditors				15,472	6,669
	Other creditors				12,884	3,533
	Accruals and	deferred		income	18,592	21,457
					46,948	31,659

				Balance at	Transfers	Balance at
			1	April 2022		S1March 202$
WCC	COVID-19	support		517	(517)
				51?	(517)

18	Analysis of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
			f	f	f	f	f	f
	Fund balances at 31
	March 2023 are
	represented	by:
	Tangible assets		649,362		649,362	662,916		662,916
	Investment	properties	525,000		525,000	525,000		525,000
	Current
	assets/(liabilities}		572,137		572,137	654,344	517	654,861
			1,746,499		1,746,499	1,842,260	517	1,842,777

2023	2022
f	f
44,794	41,599

20	Cash generated from operations				2023	2022
					f	f
	(Deficit)/surpus for the year				(96,278)	184,198
	Adjustments for:
	Investment income recognised in statement		offinancial	activities	(45,314)	(42,309)
	Fair value gains and losses on investment	properties				(203,020)
	Depreciation and impairment oftangible	fixed assets			13,554	13,283
	Movements in working capital:
	(Increase)/decrease in debtors				(7,894)	2,184
	Increase/(decrease) in creditors				15,289	(28,040)
	Cash absorbed by operations				(120,643)	(73,704)
21	Analysis ofchanges in net funds
	The Trust had no debt during the year.