2023-03-31-accounts

Trustees		Mr BBennett
		Mr A Llddiard
		Mrs R Sinclair	(Appointed	20 July 2022)
		JSalmon	(Appointed	29 March 2023)
Charity number		1152655
Company	number	08565062
Registered	ofAce	Great Munden
		Near Ware
		Hertfordshlre
		SG11 1JD
Auditor		Moore NHC Audit Limited
		First Floor
		73-75 High Street
		Stevenage
		Herffordshire
		SG1 3HR
Bankers		NatWest Bank pic
		43 High Street
		Hoddesdon
		Hertfordshire
		EN11 6HE
		Cazenove
		1 London Wall Place
		London
		EC2Y 5AU
Solicitors		Nlithers LLP
		Third Floor
		20 Old Bailey
		London
		EC4M 7AN
Investment	advisors	Schroder &Co. Limited
		12Moorgate
		London
		EC2R 6DA

		Page
Trustees'report
Statement ofTrustees'	responsibilities
Independent auditor's	report	7-9
Statement offlnandal	activities	to
Balance sheet
Statement ofcash flows		12
Notes to the financial statements		13-22

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					2023	2023	2023	2022	2022	2022
			Notes			E	E	E	E	E
n	n	owme		tsfro
Donations and
legacies						11,373	11,373		1,717	1,717
Charlt~abls gLIII(08
Residential care
home				3	1,827,133		1,827,133	1,611,553		1,811,553
Other trading
activities					672		872	692		692
Investments					783		783	25		25
Other income					21,995		21,995	75,641		75,841
Total Income					1,850,583	11,373	1,861,956	1,687,911	1,717	1,689,628
~ggit~iur	on:
Raising funds					170		170
Residential care
home				8	1,830,132		1,830,132	1,748,552		1,748,552
Total charitable
expenditure					1,830,132		1,830,132	1,748,552		1,748,552
Totalexpendlture					1,830,302		1,830,302	1,748,552		1,748,552
Nst gains/(losses)			on
investments				12	(3,835)		(3,835)	6,136		5,136
Net movement		ln	funds		16,446	11,373	27,819	(55,505)	1,717	(53,788)
Fund balances	at		1 April
2022					3,297,656	8,741	3,306,397	3,353,161	7,024	3,360,185
Fund balances		at 31
March 2023					3,314,102	20,114	3,334,218	3,297,656	8,741	3,306,397

					2023	2022
				Notes	f	f
Fixed assets
Tangible assets				14	2,920,205		2,986,251
Investments				16	320,063		73,898
					3,240,268		3,060,149
Current assets
Debtors				16	22,425	11,597
Cash at bank and in	hand				165,627	358,980
					188,052	388,577
Creditors: amounts	falling		due within
one year				17	(94,104)	(122,329)
Net current assets					93,948		246,248
Total assets lees current liabilities					3,334,216		3,306,397
Income funds
Restricted funds				19	20,114		8,741
~Ur ~lgd funds
Designated funds				20	2,920,205	2,986,251
General unrestricted	funds				393,897	311,405
					3,314,102		3,297,656
					3,334,218		3,306,397
					I03xi1I toft
The financial statements		wer	approved	by the Trustees on .......................
Mr 8 ennett				Mr	Liddiard
Trustee				Trustee

				2023		2022
			Notes	f		6
Cash flows from operating		activities
Cash generated from operations					57,864		47,483
Investing	activities
Purchase	oftangible fixed assets					(9,894)
Purchase	ofinvestments			(250,000)
Investment	income received			783		25
Net cash	used In Investing	activities			(249,217)		(9,869)
Net cash	used In financing	activities
Net (decrease)/Increase In		cash and	cash
equivalents					(191,353)		37,614
Cash and	cash equivalents	at beginning	ofyear		356,980		319,366
Cash and	cash equivalents	at end of	year		165,627		356,980

						Unrestricted	Unrestricted
						funds	funds
						2023	2022
						6	6
	Shop income					672	B92
6	Investments
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
							6
	Interest	receivable				783	25
B	Other Income
						Unrestricted	Unrestricted
						funds	funds
						2023 6	2022f
	Government		grants			21,995	75,641
7	Raising	funds
						Unrestricted	Total
						funds
						2023	2022
						6	6
	da	ln	an	u	ici
	Advertising					170
						170

							Residential	Residential
							care home	care home
							2023	2022
							f	f
	Staff costs						1,297,750	1,207,505
	Depredation and		impairment				86,047	65,676
	Repairs and decorations						101,140	155,687
	Food and	beverages					104,429	82,816
	Household	and laundry					32,148	32,058
	Travel expenses						33,919	26,881
	Light and	heating					ee,eet	57,187
	Telephone						13,495	15,795
	Water						11,374	10,892
	Insurance						38,386	34,589
	Garden						11,917	11,430
	Staff recruitment		and	training			3,502	6,228
	Ofecs expenses						24,668	15,769
	Other expenses						6,032	9,210
	Sad debt	expense						381
							1,813,666	1,732,082
	Share ofgovernance			costs (see note 9)			16,466	16,470
							1,830,132	1,748,552
9	Support costs
					Support	Governance	2023	2022
					costs	costs
					f	f
	Audit fees					9,400	9,400	9,394
	Legal and	professional				7,066	7,086	7,076
						16,466	16,466	16,470
	Analyssd	between
	Charitable	activities				16,466	16,466	16,470

The average monthly number ofemployees during t	he year was:
	2023	2022
	Number	Number
		43
Employment costs	2023f	2022f
Wages and salaries	1,186,457	1,100,324
Social security costs	89,429	86,230
Other pension costs	21,864	20,951
	1,297,750	1,207,505

2023	2022
Number	Number

Unrestricted	Unrestricted
funds	funds
2023f	2022f
(3,835)	5,136

14	Tangible fixed assets	Tangible fixed assets
				Freehold	Plant and	Total
				pfopeny	equipment
				E	E
	Cost
	At 1 April 2022			3,275,085	63,164	3,338,249
	At 31 March	2023		3,275,085	83,164	3,338,249
	Depreciation	and Impairment
	At 1 April 2022			326,570	25,427	351,997
	Depreciation	charged	in the year	62,400	3,647	66,047
	At 31 March	2023		388,970	29,074	418,044
	Carrying amount
	At 31 March	2023		2,886,115	34,090	2,920,205
	At 31 March	2022		2,948,514	37,737	2,986,251
16	Fixed asset	Investments
				Usted	Cash In	Total
				Invesbnents	porffollo
				E
	Cost or valuation
	At 1 April 2022			73,897	1	73,898
	Additions			250,000	1,080	251,080
	Valuation changes			(4,785)		(4,785)
	Dlsposale			(130)		(130)
	At 31 March	2023		318,982	1,081	320,063
	Carrying amount
	At 31 March	2023		318,982	1,081	320,083
	At 31 March 2022			73,897		73,898

16	Debtors
				2023	2022
	Amounts	falling due within one year:		E	E
	Trade debtors			1,250	907
	Prepayments		and accrued Income	21,175	10,690
				22,425	11,597

							Movement			Movement	Movement
							In funds				In funds
						Balance st	Income			Balance st	Income	Balance at
						1 April 2021f		f	1	April 2022 f	f	31March 2023
Amenity	fund					7,024	1,717			8,741	11,373	20,114
The Amenity		fund	represents	money received from fundralsing on behalf						of residents	and is managed for the
general	benefit of		afi residents	at	ths home.
Designated		funds
The income		funds	of the charity		indude	the following	designated	funds		which have been set		aside out of
unrestricted		funds	by the trustees		for specific purposes;
							Movement			Movement
							In funds				In funds
						Balance at	Expenditure		Balance at		Expenditure	Balance st
						1 April 2021 f		f.	1	April 2022 f	f	31 March 2023 f
Designated		fund				3,042,033	(55,782)		2,986,251		(66,048)	2,920,205
						3,042,033	(55,782)		2,986,251		(66,046)	2,920,205

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
			8		f.
Fund balances at 31
March 2023	are
represented	by;
Tangible assets		2,920,205		2,920,205	2,986,251		2,986,251
Investments		311,322	8,741	320,063	65,157	8,741	73,898
Current assets/(liabilities)		93,948		93,948	246,248		246,248
		3,325,475	8,741	3,334,216	3,297,656	8,741	3,308,397

	2023	2022
	8	8
Within one year	7,718	11,866
Between two and five years		7,718
	7,718	19,584

2023	2022
8	6
218,259	223,570

24	Cash generated from	operations	operations				2023	2022
							E
	Surplus/(deficit) for the	year					27,818	(53,786)
	Adjustments for.
	Investment income recognised		in statement		ofIlnandal	activities	(783)	(25)
	Fair value gains and losses on		investments				3,835	(5,136)
	Depreciation and impairment oftangible			fixed assets			66,047	65,676
	Movements In working	capital:
	(Increase)/decrease in	debtors					(10,828)	3,907
	(Decrease)/increase in	creditors					(28,225)	36,847
	Cash generated from	operations					57,864	47,483
26	Analysis ofchanges	In net funds
	The Charity had no debt during		the year.