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2021-03-31-accounts

Trustees		Dr M Mead
		Mr 8 Bennett
		MrAlastair Liddiard		(Appointed 2 September 2020)
Charity number		1152655
Company	number	08565062
Registered	oNce	Libury Hall
		Great Munden
		Near Ware
		Hertfordshlrs
		SG11 1JD
Auditor		Moore Northern	Home Counties	Limited
		First Floor
		73-75 High Street
		Stevenage
		Hertfordshlrs
		SG1 3HR
Bankers		NatWest Bank pic
		104Fore Street
		Hertford
		Hertfordshire
		SG14 1HF
		Cazsnove
		12Moorgate
		London
		EC2R 6DA
Solicitors		Withers LLP
		Third Floor
		20 Old Bailey
		London
		EC4M 7AN
Investment	advisors	Schroder &Co.	Limited
		12Moorgate
		London
		EC2R 6DA

		Page
Trustees' report		1-5
Independent auditor's	report	6-8
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the flnanclal	statements	12-21

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2021 f	2021 6	2021 6	2020 6	2020 6	2020f
o e ndend
Donations and legacies					2,459	2,459		2,103	2,103
~C(able ~ac v	IIILs
Residential care home			3	1,606,744		1,606,744	1,575,643		1,575,643
Other trading activities			4	802		802
Investments			5	65		65	1,729		1,729
Other Income			6	72,306		72,306
Total income				1,679,917	2,459	1,682,378	1,577,372	2,103	1,579,475
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Residential care	home		7	1,606,162		1,606,162	1,587,207		1,567,207
Total charitable	expenditure			1,608,162		1,608,162	1,567,207		1,567,207
Net gafns/(losses)		on
investments			11	13,659		13,659	(6,371)		(6,371)
Net movement	In	funds		87,414	2,459	89,873	3,794	2,103	5,897
Fund balances at 1
April 2020				3,265,745	4,565	3,270,310	3,261,952	2,462	3,264,414
Fund balances	at	31
March 2021				3,353,159	7,024	3,360,183	3,265,746	4,565	3,270,311

					2021		2020
				Notes	f	6	6
Fixed assets
Tangible assets Investments				12 13		3,042,033 68,762		3,081,449 55,102
						3,110,795		3,136,651
Current assets
Debtors				14	15,504		13,896
Cash at bank and		In	hand		319,366		191,250
					334,870		205,146
Creditors: amounts one year			falling due within	15	(85,482)		(71,386)
Net current assets						249,388		133,760
Total assets less		current liabilities				3,360,183		3,270,311
Income funds
Restricted funds				17		7,024		4,665
~Ups gt~du ff5 Designated funds General unrestricted			funds	18	3,042,033 311,126		3,081,449 184,297
						3,353,159		3,265,746
						3,360,183		3,270,311

				2021		2020
			Notes	E		E
Cash flows from operating		activities
Cash generated from operations			22		153,972		66,907
Investing	activities
Purchase	oftangible flxed assets			(25,922)
Purchase	of investments					(9,514)
Proceeds	on disposal of investments			1		7,980
Investment	income received			65		1,729
Net cash	(used in)/generated from
investing	activities				(25,856)		195
Net cash	used in flnanclng	activities
Net Increase in cash and cash equivalents					128,116		67,102
Cash and	cash equivalents	at beginning	ofyear		191,250		124,148
Cash and	cash equivalents	at end of	year		319,366		191,250

6	Investments
			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			E	E
	Investment	income	1	1,534
	Interest receivable		64	106
			65	1,729
6	Other Income
			Unrestricted	Total
			funds
			2021	2020
			E
	Government	grants	72,306

	Charitable activities
						Residential	Residential
						care home	care home
						2021	2020
						E	E
	Staff costs Depreciation and impairment Repairs and decorations Food and beverages Household and laundry Travel expenses Light and heating Telephone Water Insurance Garden Staff recruitment and training Offic expenses Other expenses Bad debt expense					1,135,908 65,337 103,110 83,123 34,709 26,874 44,848 16,507 8,249 34,255 13,203 1,715 14,647 8,673 576	1,123,671 65,036 84,527 81,421 27,206 33,213 43,043 9,651 7,114 39,838 9,284 3,680 11,404 12,163
						1,590,734	1,651,151
	Share ofgovernance	costs (see note 8)				16,428	16,066
						1,606,162	1,667,207
8	Supportcosts	Support Governance costs costs		2021	Support costs	Governance costs	2020
		E	E	E	E
	Audit fees Legal and professional		8,440 6,988	8,440 6,988		8,948 7,108	8,948 7,108
			15,428	15,428		16,056	16,056
	Analysed between Charitable activities		15,428	15,428		16,056	16,056

The average monthly number ofemployees during	the year was:
	2021	2020
	Number	Number
	44	46
Employment costs	2021 8	2020f
Wages and salaries	1,035,803	1,032,679
Social security costs	80,391	74,108
Other pension costs	19,714	16,884
	1,135,908	1,123,671

	The number	of employees	of employees	whose	annual	remuneration	was 660,000 or
	more were:
								2021	2020
								Number	Number
	570,000 - 880,000							1	1
11	Net gains/(losses)		on Investments

Net gains/(l	osses) on Investments
		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		6
Revaluation	ofInvestmsnts	13,659	(6,371)

12	Tangible fixed assets		Freehold	Plant and	Total
			property	equipment
			E	E
	Cost At 1 April 2020 Additions		3,249,162 25,922	53,270	3,302,432 25,922
	At 31 March 2021		3,275,084	63,270	3,328,354
	Depreciation and Impairment At 1 April 2020 Depreciation charged in the year		201,986 62,185	18,999 3,162	220,984 65,337
	At 31 March 2021		264,170	22,151	286,321
	Carrying amount At 31 March 2021		3,010,914	31,119	3,042,033
	At 31 March 2020		3,047,178	34,271	3,081,449
13	Fixed asset investments		Listed	Cash In	Total
			investments	portfolio
	Cost or valuation At 1 April 2020 Valuation changes		65,101 13,661		55,102 13,661
	At 31 March 2021		68,762		68,763
	Carrying amount At 31 March 2021		68,762		68,763
	At 31 March 2020		55,101		65,102
14	Debtors			2021	2020
	Amounts falling due	vytthin one year:		E	E
	Trade debtors Prepayments and accrued income			4,677 10,827	4,142 9,754
				15,504	13,896

		2021	2020
		E	E
Other taxation and social security		22, 111	20,187
Trade creditors		24,873	25,356
Accruals and deferred	income	38,498	26,843
		85,482	71,386

				Movement		Movement
				in funds		In funds
			Balance at	Income	Balance at	Income	Balance at
		1	April 2013 E	E	1Apra 2020 E	E	31 March 2021 f
Amenity	fund		2,462	2,103	4,565	2,459	7,024

					Movement
					In funds
		Balance at	Expenditure	Balance at	Expenditure	Balance at
		1April 2010 f	E	1April 2020 E	31 E	March 2021 E
Designated	fund	3,146,483	(66,034)	3,081,449	(39,416)	3,042,033
		3,146,483	(66,034)	3,081,449	(39,416)	3,042,033

19	Analysis of	net assets	between funds Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
			E	E		E	E
	Fund balances at 31
	March 2021	are
	represented by: Tangible assets Investments		3,042,033 68,762		3,042,033 68,762	3,081,449 55,102		3,081,449 55,102
	Current assetsl (liabilities)		249,388		249,388	129,195	4,665	133,760
			3,360,183		3,360,183	3,265,746	4,565	3,270,311

pg under non-cancellable operating leases, which fall due a	s follows:
	2021	2020
	E	E
Within one year Between two and five years	15,203 19,584	20,371 34,787
	34,787	55,158

2021	2020
E	E
177,026	144,325

22	Cash generated from	operations	operations				2021	2020
							E	E
	Surplus for the year						89,871	5,896
	Adjustments for:
	Investment income recognised		In statement		offinancial	activities	(65)	(1,729)
	Fair value gains and losses on		investments				(13,659)	6,371
	Depreciation and impairment oftangible			fixed assets			65,337	65,036
	Movements in working	capital:
	(Increase) in debtors						(1,608)	(4,841)
	Increase/(decrease) in	creditors					14,096	(3,826)
	Cash generated from	operations					153,972	66,907
23	Analysis ofchanges	in net funds
	The Charity had no debt during		the year.