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|Trustees||Mr BBennett|||
|---|---|---|---|---|
|||Mr A Liddiard|||
|||Mrs R Sinclair|(Appointed|20 July 2022)|
|Charity number||1152655|||
|Company|number|08565062|||
|Registered|office|Libury
Hall|||
|||Great Munden|||
|||Near Ware|||
|||Hertfordshire|||
|||SG11 1JD|||
|Auditor||Moore NHC Audit Limited|||
|||First Floor|||
|||73-75 High Street|||
|||Stevenage|||
|||Hertfordshire|||
|||SG1 3HR|||
|Bankers||NatWest Bank pic|||
|||104Fore Street|||
|||Herfford|||
|||Hertfordshire|||
|||SG14 1HF|||
|||Cazenove|||
|||12 Moorgate|||
|||London|||
|||EC2R 6DA|||
|Solicitors||Withers LLP|||
|||Third Floor|||
|||20 Old Bailey|||
|||London|||
|||EC4M 7AN|||
|Investment|advisors|Schroder
&Co. Limited|||
|||12Moorgate|||
|||London|||
|||EC2R 6DA|||
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|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Statement
ofTrustees'|responsibilities||
|Independent
auditor's|report|6-8|
|Statement
offinancial|activities||
|Balance sheet||10|
|Statement
ofcash flows|||
|Notes to the financial|statements||
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2022|2022|2022|2021|2021|2021|
||Notes|6|6||6|6|6|
|Income and endowments|from.|||||||
|Donations
and legacies|2||1,717|1,717||2,459|2,459|
|Charitable
activities||||||||
|Residential
care home||1,611,553||1,611,553|1,606,744||1,606,744|
|Other trading
activities||692||692|802||802|
|Investments||25||25|65||65|
|Other income||75,641||75,641|72,306||72,306|
|Total income||1,687,911|1,717|1,689,628|1,679,917|2,459|1,682,376|
|~ECht||||||||
|Charitable
activities||||||||
|Residential
care home|7|1,748,552||1,748,552|1,606,162||1,606,162|
|Total charitable
expenditure||1,748,552||1,748,552|1,606,162||1,606,162|
|Net gains/(losses)
on||||||||
|investments|11|5,136||5,136|13,659||13,659|
|Net movement
in funds||(55,505)|1,717|(53,788)|87,414|2,459|89,873|
|Fund balances at 1 April||||||||
|2021||3,353,161|7,024|3,360,185|3,265,745|4,565|3,270,310|
|Fund balances at 31||||||||
|March 2022||3,297,656|8,741|3,306,397|3,353,159|7,024|3,360,183|
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||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|||5||
|Fixed assets|||||||
|Tangible assets
Investments||12
13||2,986,251
73,898||3,042,033
68,762|
|||||3,060,149||3,110,795|
|Current assets|||||||
|Debtors||14|11,597||15,504||
|Cash at bank and in|hand||356,980||319,366||
||||368,577||334,870||
|Creditors: amounts
one year|falling due within|15|(122,329)||(85,482)||
|Net current assets||||246,248||249,388|
|Total assets less current liabilities||||3,306,397||3,360,183|
|Income funds|||||||
|Restricted
funds||17||8,741||7,024|
|Unrestricted
funds|||||||
|Designated
funds
General
unrestricted|funds|18|2,986,251
311,405||3,042,033
311,126||
|||||3,297,656||3,353,159|
|||||3,306,397||3,360,183|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||22||47,483||153,972|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(e,8e4)||(25,922)||
|Proceeds|on disposal of investments|||||1||
|Interest received||||25||65||
|Net cash|used in investing|activities|||(9,869)||(25,856)|
|Net cash|used in financing|activities||||||
|Net increase in cash and cash equivalents|||||37,614||128,116|
|Cash and|cash equivalents|at beginning|ofyear||319,366||191,250|
|Cash and|cash equivalents|at end of|year||356,980||319,366|
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|2|Donations|and|legacies|||
|---|---|---|---|---|---|
|||||Restricted|Restricted|
|||||funds|funds|
|||||2022|2021|
|||||E|E|
||Donations|and|gifts|1,717|2,459|
|3|Charitable|activities||||
|||||Residential|Residential|
|||||care home|care home|
|||||2022|2021|
|||||E|E|
||Residents'|fees||1,611,553|1,606,744|
|4|Other trading||activities|||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||E|E|
||Shop income|||692|802|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022
5|2021f|
|Investment|income||1|
|Interest receivable||25|64|
|||25|65|
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|Unrestricted|Unrestdcted|
|---|---|
|funds|funds|
|2022|2021f|
|75,641|72,306|
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|7|Charitable|activi|ties|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Residential|Residential|
|||||||||care home|care home|
|||||||||2022|2021|
|||||||||f|f|
||Staff costs|||||||1,207,505|1,135,908|
||Depreciation
and||impairment|||||65,676|65,337|
||Repairs and decorations|||||||155,667|103,110|
||Food and|beverages||||||82,816|83,123|
||Household|and laundry||||||32,056|34,709|
||Travel expenses|||||||26,881|25,874|
||Light and heating|||||||57,187|44,848|
||Telephone|||||||15,795|16,507|
||Water|||||||10,892|8,249|
||Insurance|||||||34,589|34,255|
||Garden|||||||11,430|13,203|
||Staff recruitment||and|training||||6,228|1,715|
||Office expenses|||||||15,769|14,647|
||Other expenses|||||||9,210|8,673|
||Bad debt expense|||||||381|576|
|||||||||1,732,082|1,590,734|
||Share ofgovernance|||costs (see note 8)||||16,470|15,428|
|||||||||1,748,552|1,606,162|
|8|Support costs|||||||||
|||||Support|Governance|2022Support|costs|Governance|2021|
|||||costs|costs|||costs||
|||||f|f|f|f.|f.|f|
||Audit fees||||9,394|9,394||8,440|8,440|
||Legal and|professional|||7,076|7,076||6,988|6,988|
||||||16,470|16,470||15,428|15,428|
||Analysed|between||||||||
||Charitable|activities|||16,470|16,470||15,428|15,428|
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|The average|monthly
number
ofemployees
during
t|he year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|||43|44|
|Employment|costs|2022|2021|
|||6|6|
|Wages and salaries||1,100,324|1,035,803|
|Social security costs||86,230|80,391|
|Other pension|costs|20,951|19,714|
|||1,207,505|1,135,908|
||The number|ofemployees|ofemployees|whose annual|remuneration|was 660,000 or more|||
|---|---|---|---|---|---|---|---|---|
||were:||||||||
||||||||2022|2021|
||||||||Number|Number|
||570,000 - 680,000||||||1|1|
|11|Net gains/(tosses)||on investments||||||
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2022f|2021
F|
||Revaluation|ofinvestments|||||5,136|13,659|
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|12|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||Freehold|Plant and|Total|
||||property|equipment||
||||6|||
||Cost|||||
||At 1 April 2021||3,275,084|53,270|3,328,354|
||Additions|||9,894|9,894|
||At 31 March 2022||3,275,084|63,164|3,338,248|
||Depreciation
and impairment|||||
||At 1 April 2021||264,170|22,151|286,321|
||Depreciation
charged|in the year|62,400|3,276|65,676|
||At 31 March 2022||326,570|25,427|351,997|
||Carrying
amount|||||
||At 31 March 2022||2,948,514|37,737|2,986,251|
||At 31 March 2021||3,010,914|31,119|3,042,033|
|13|Fixed asset investments|||||
||||Listed|Cash in|Total|
||||investments|porlfolio||
||||6|||
||Cost or valuation|||||
||At 1 April 2021||68,761||68,762|
||Valuation
changes||5,307||5,307|
||Dieposals||(171)||(171)|
||At 31 March 2022||73,897||73,898|
||Carrying
amount|||||
||At 31 March 2022||73,897|1|73,898|
||At 31 March 2021||68,761|1|68,762|
|14|Debtors|||||
|||||2022|2021|
||Amounts
falling due|within one year:||f|6|
||Trade debtors|||907|4,677|
||Prepayments
and accrued income|||10,690|10,827|
|||||11,597|15,504|
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|Creditors: amounts
falling due within one year|||
|---|---|---|
||2022f|2021f|
|Other taxation and social security|31,456|22, 111|
|Trade creditors|41,341|24,873|
|Accruals and deferred income|49,532|38,498|
||122,329|85,482|
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|||||Movement||Movement||
|---|---|---|---|---|---|---|---|
|||||in funds||in funds||
||||Balance at|Income|Balance at|Income|Balance at|
|||1|Aprg 2020f|f|1April 2021|f|31 March
202II|
|Amenity|fund||4,565|2,459|7,024|1,717|8,741|
##
||||Movement||Movement||
|---|---|---|---|---|---|---|
||||in funds||in funds||
|||Balance at
I April 2020|Expenditure|Balance at
1April 2021|Expenditure|Balance at
31 March|
|||f|||f|202II|
|Designated|fund|3,081,449|(39,416)|3,042,033|(55,782)|2,986,251|
|||3,081,449|(39,416)|3,042,033|(55,782)|2,986,251|
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|19|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
||||8|8|f|F|8|f|
||Fund balances at 31||||||||
||March 2022|are|||||||
||represented|by:|||||||
||Tangible assets||2,986,251||2,986,251|3,042,033||3,042,033|
||Investments||65,157|8,741|73,898|61,738|7,024|68,762|
||Current assets/(liabilities)||246,248||246,248|249,388||249,388|
||||3,297,656|8,741|3,306,397|3,353,159|7,024|3,360,183|
##
||2022|2021|
|---|---|---|
||f||
|Within one year|11,866|15,203|
|Between two and five years|7,718|19,584|
||19,584|34,787|
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|||2022|2021f|
|---|---|---|---|
|Aggregate|compensation|223,570|177,026|
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|22|Cash generated
from|operations|operations||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||||8|
||(Deficit)/surpus
for the|year|||||(53,786)|89,871|
||Adjustments
for:||||||||
||Investment
income recognised||in statement||offinancial|activities|(25)|(65)|
||Fair value gains and losses on||investments||||(5,136)|(13,659)|
||Depreciation
and impairment
oftangible|||fixed assets|||65,676|65,337|
||Movements
in working|capital:|||||||
||Decrease/(increase)
in|debtors|||||3,907|(1,608)|
||Increase
in creditors||||||36,847|14,096|
||Cash generated
from|operations|||||47,483|153,972|
|23|Analysis ofchanges|in net funds|||||||
||The Charity had no debt during||the year.||||||