2024-03-31-accounts

Charity reglstratlon number 1152655 Company registration number 08565062 (England and Wales) LIBURY HALL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

LIBURY HALL LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr B Bennett MrA Liddiard Mrs R Sinclair Mrs J Salmon Charfty number 1152655 Company number 08565062 Reglstered offlco Great Munden Near Ware Hertfordshire SG111JD Audltor Moore NHC Audit Limited First Floor 73-75 High Street Stevenage Hertfordshire SG13HR Banker8 Natwest Bank plc 43 High Street Hoddesdon Hertfordshire EN118HE Cazenove 1 London Wall Place London EC2Y SAU Sollcltors Wilhers LLP Third Floor 20 Old Bailey London EC4M 7AN Investment advlsors Schroder & Co. Limited 12 Moorgate London EC2R 6DA

LIBURY HALL CONTENTS Page Trustees. report Independent auditorfs report Statement of financial activities Balance Sheet 10 Statement of cash flows 11 Notes to the financial statements 12-21

LIBURY HALL TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report and financial ststements for the year ended 31 March 2024. The accounts have been prepared in a¢¢ordanc8 with the accounting policies sel out in note to the accounts and comply with the Charity's governing document. the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounls in accordance wllh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)° OBJECTIVES AND ACTIVITIES Llbury Hall Libury Hall is a residenlial care home and is situated near the Nillage of Great Munden in what is considered to be a beautiful part of the Hertfordshire countryside. The home consists of one large house, four cottages, Schorr House Cottage, 4 individual Courtyard flals and an activities centre (known as the Day Centre). It provides residential accommodation for 40 adults of both sexes. 17 of the residents live in the main house. The Cottages and Courtyard provide 20 residents with a greater degree of independence. Schorr House Collage provides Inlenslve 1-1 support 24 hours a day for 2 residents currently. Purposo A fundamental component part of Libury Hall's constitution is the provision of care and shelter for people with mental health issues and learning difficullies. This is delivered through the auspi¢es of an original Declaralion of Trust, which slates "the land and buildings belonging to the Charity are used for the aged or mentally infirm of both sexes.. It is achieved through the good governance of Libury Hall's trustees. ils management team and staff. Mlsglon statement The ethos of Libury Hall is best summed up in its Mission Stalemenl. 'Llbury H811 b81ieves in people,. Ihat every individual has 8 light to be heard ￿'th dignity, to receive optimum care and 8ncourag8ment to achieve Indivldual goals.. Publlc boneflt We havè referred to the Charity Commission's general guidan¢e on public benefit when reviewing our aims and objectives and in planning our future activities. Fundlng The main source of funding for Libury Hall is residents. fees paid by the local authority, and NHS, in Hertfordshire. Other residents, fees are paid by other, out of county, local authorlties and self-funding residents.

LIBURY HALL TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS AND PERFORMANCE A busy and demanding year for Libury Hall has provided many achievements. Digital upgrade for residents and Staff.. The home has moved forward with the second stage of bringing the home into the digital age with a new and improved internet access. Further development regarding the next stage will invo5ve more dlgilal platfomis for slaff along with improvements within the accounting system payroll. Care development of staff: More staff have been enabled the move onto Ihe apprenticeship scheme Level 21314. Mental Health training has been development in partnership with Herts Carè Providers. A¢¢ess to Level 7 In strategic management is being explored wilh 1 member of staff being able lo complete Ihe programme later in the year 2024. Day Centrè.. Improvements with the Day Cenlre have been established, new slaff have been recrulled along wilh wider inclusive relationship with the local community. Involving Hertfordshire walking group, Slandon church, and U3A choir group. Libury Hall Donallons.. Local business have sent donations som8 of Ihese include Rotary clubs, local businesses connected to Libury Hall. Trustee links to other areas outside the care sector regarding a marathon run and other smaller fun runs. Families and local charities with an affiliation lo Mental Health. Residents: All residents have enjoyed the wlder community links along with holidays and ov8rnighl slays wlth familiar places they have grown lo ènjoy over the years. Many have visited Art Galleries in London, pop concerts at Wemblèy, Safari parks and swimming cenlres. Extemal teachers have enjoyed engaging with residents, hobbies of flower arranging, knilling and art. Residents continue lo enjoy the countryside surrounding Libury Hall utlllsing the local pubs for food and walks within the local area. Tralnlng and development A clear and concise policy for training and development of all slaff is now in place. FINANCIAL REVIEW Revlew of flnancial po$ltlon Total income in the year amounted to £2,015,367. The net movement in funds for the financial year, aft8r Investment revaluations, was a surplus of £61,434. Grants were received of £4.940 for the year. Nel gaSn on investments tolaled £48.677. Reserves pollcy The Trustees aim to achieve a level of reserves (excluding tangible assets) to cover al least 1.5 months, runnlng expenses. The situation is kept under regular review. Investment pollcy The Investment Managers aim to produce sufficlent growlh to match or better inflation rates and to produce income lo make possible stTuclural or other major repairs. The Truslees review performance on a regular basls and discuss results with the investment manager. The Trustees are satisfied with the current performance of investments. Rlsk management The Trustees and Director have Gonstrucled a Risk Register that identifies the various levels of major risk faced by the Charity and the mitigating factors thal control or reduce Ihe level of risk in respective areas. A Comprehensive monitoring and review process is in place lo identify any new risks and implement any actions reqLtired. An action plan is devised to address any cOn￿rn5 and the plan is reviewed annually at the AGM or before if required.

LIBURY HALL TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The following is a summary of the principal risks and uncertainlies facing the Charity, as identified by Ihe Tiuslees, together with their plans and strategies for managing those risks.. Risk 1.. Libury Hall loses its status as a registered home through failure lo comply with necessary standards of care and operation. Thè Charity is regulated by CQC and has annual inspections by th8 local authority. The Trustees review reports and ensure any shortcomings are addressed as a matter of urgency. Robust monitoring and govemance are in place With regular meetings of I visits from the Trustees. Risk 2.. Libury Hall is not ablè to maintain a sufficient income stream to perform activities. The financial situation is monitored through monthly management accounls, prepared by the internal Finance Manager and reviewed monthly by the Trustees. More analysis is now provided every quarter by the Financlal Managef. Rlsk 3: Llbury Hall does not comply with health and safety regulatlons thus rlsking harm to {or death ofj a resident, member of staff or a visitor and l or financial or other penalties. Regular risk assessments are performed, including risk assessments for indNidual residents. Staff awareness on health and safety Fulure plannlng Planning for Ihe fuluTr is an ongoing exercise and covers every aspecl of Libury Hall. Financially. operalion811y and professionally, th8 Manag8ment Team 8re locused on mainlaining Current standards of gxcellenc8 and making impmvements wh8revern8c8ssary. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document and constltutlon Llbury Hall is a company limited by guarantee and not having a share capital, incorporated on 11 June 2013 and registered as a charity on 1 July 2013. The Charity was established under a memorandum of association, which established the objects and powers of the Charity. and il is governed by ils articles of association. The Trustees The Trustees, who are also the directors for the purpose of company law, and who served during the year were: Mr B Bennett Mr A Liddiard Mrs R Sinclair Mrs J Salmon Recrultment and appolntment of tru8lèes The Trustees shall consist of at least three persons who are individuals over the age of 18 all of whom musl be members, support the objects and have signed a written declaration of willingness to act as a charlty twstee of the Charily. The Trustees may at any time co-opt any individual who is eligible under Article 5.3 as a Iru$lee to fill a vacancy in their number or as an additional trustee, bul a co-opted trustee holds office only for one year. A retiring truslee who is eligible under Article 5.3 may be reappoinled. A quorum at a meeling of the Trustees may be fixed by the Trustees and unlèss so fixed shall be Iwo twstees. None of the Trustees has any benefrcial interest in the Charity. All of the Trustees are members of the Charity and guarantee to contribute £1 in the event of a winding up.

LIBURY HALL TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Management team Mrs Smith is the CEO of Libury Hall to lead the change needed with the strategic development of the business. Mrs Smith has been employed at the home since the year 2000. Before her appointment to CEO in 2014 sh8 was the Registered Manager. Ms Jane Davis (previously the Deputy Manager 2015-2018), has been appointed the Registered Manager of Libury Hall and has held the post since 31st July 2018, reporting to the TrusteeslCEO. Mr Lloyd Graver was appointed Deputy Manager 1 st July 2018, reporting to the Trustees ICEO. Supporting the Registered Manager in all aspects of the day to day running of th8 home. How declslons aro made Trustees exercise leadership by selling priorities towards strategic issues. The Trustees meet regularly with the Director to discuss slralegi¢ issues. Day to day operational management of the home is dealt with by the Registered Manager overseen by the Director and Truslees. Inductlon and tralnlng of trustee$ Training and induction will accord with NCVO guidelines. Trustees seek ways lo improve board effectiveness by updating and reviewing their Iraining on an annual basls. Several Truslees completed training days over the year ¢overing a varieiy of lopi¢s.' Menlal Capacity Act. Deprivation of Liberty, Governance Respon$ibilili8s of Charitable Trustees. Remuneratlon pollcy Pay and remuneration for the Charltls key management personnel is discussed and approved al the AGM by the Trustees. Nallonal Industry infomialion is available for benchmarks and parameters. Statement of Trustee¥. responslbllllles The Trustees, who are also the directors of Libury Hall for the purpose of company law, are responsible for preparing the Trusl8es' Report and the finan¢ial statements in accordance with applicable law and United Klngdom Accounting Standards (Unlled Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the s121e of affairs of the Charity and of the incoming resources and appll¢alion of resour¢es, including the income and expenditure. of the ¢harilable company for Ihal year. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and then apply them consistently: observe Ihe methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent- and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting records Ihat disclose with reasonable accuracy at any lime the financial position of the Charity and enable them to ensure Ihal the financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charily and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Audltor In accordance wilh the company's articles, a resolution proposing that Moore NHC Audit Limited be reappointed as auditor of Ihe company will be put al a General Meeting.

LIBURY HALL TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Dlsclosure of Infomiallon to auditor Each of the Trustees has confirmed that there 15 no information of which they are aware which is relevant to the audil. bul of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor Is aware of such information. The Trustees, report was approved b the Board of Trustees. Mr B Bennett Trustee Dated: 28 November 2024

LIBURY HALL INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LIBURY HALL Oplnlon We have audited the financial statements of Libury Hall {'Ih8 Charily.) for the year ended 31 March 2024 which comprise the Statement of Financial Adivrties. the Balance Sheet, the Statement of Cash Flows arbd Ihe notes lo the financial stalemenls, including a summary of significant accounting policies. The financial reporting framework that has been applied in Iheir preparation is applicable law and United Kingdom Acwunling Slandards. including Financial Reporting Standard 102 The Financial Réporting Standard applicabl8 in lh8 UK and Republic of Ireland {United Kingdom Generally A¢¢epled Accounting Practice). In our opinion, the finan¢lal statements: give a true and fair view of the state of the charitable company's affairs as al 31 March 2024 and of ils incoming resources and application of resources, including ils income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practica; and have been prepared in accordance with the requirements of the Companies Ad 2006. Ba818 for oplnlon We conducted our audit in accordan¢e with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Audiloffs ￿SpOnsIbl11118s for Ihe audit ol the financial statèmenls section of our report. We are independent of the Charity in accordance with the elhi¢al requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Elhical Slandard, and we have fulfilled our other ethical responsibilities in a¢¢ordancè with these requiremenls. We b&li8ve that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons rolatlng to golng Concern In auditing the financial stalemenls. we have concluded that the Trustees, use of the golng concem basls of accounling in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not Identlfied any material uncertainties relating to events or Conditions Ihal, individually or colle¢lively, may cast significant doubt on the Charity's ability lo continue as a going concern for a period of at least Iwelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to golng concern are described In the relevant sections of this report. othèr Informatlon The other information comprises the infomiatlon included in the annual report, other than the financial statement8 and our auditor's report Ihereon. The Truslees is responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. In connection wilh our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whelher the other information is materially inconsislenl with the financial statements or our knowledge oblained in the audit or olherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstalements, we are required lo determine whether there is a material misslalemenl in the financial slatemenls or a material misstatement of the other information. If. based on the work we have performed, we Conclude that there is a material misstatement of this other infoTmalion, we are required to report that fact. We hav& nothing to report in this regard.

LIBURY HALL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF LIBURY HALL Oplnlons on other matters prescrlbed by the Companles Act 2006 In our opinion. based on the work undertaken in the course of our audit.. the informalion given in the Trustees, report for the finanaal year lor which th8 financial statements are prepared, which includes the directors, report prepared for the purposes of company law, is consistenl with the financial statements., and the directors, report included wilhin the Trustees, report has been prepared in accordance with applicable18gal requirements. Matters on whlch we are requlred to report by exceptlon In the light of the knowledge and understanding of the Charity and ils environment oblained In the course of the audit, we have not identified material misstatements in the directors, r8POrt included within Ihe Trustees. report. We have nothing to report in respect of the following matleTS in relation to which the Companies Act 2006 requlres us to report lo you If, in our opinion.. adequate accounting records havè not been kept. or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the a¢¢ounllng records and reluTns,' or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit: or the Trustees were not enlilled lo prepare Ihe financial slalemenls in accordance with the small companies Tegime and take advantage of the small companies, exemptions in preparing the Truste8s' r8POrt and from the rèquirem8nl to prèpare a strategic report. RèsponslbllStles of Trustees As explained more fully in the statement of Trustees. responsibilities, the Trustees, who are also the directors of the Charily for Ihe purpose of company law. are responsible for the preparation of the financial stalements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the Preparation of financial statements that are free from material misstalement, whether due lo fraud or error. In prèparing the financial statements. Ihè Trustees are responsible for assessing the Charily's ability lo continue as a going concern. disclosing. as applicable, mallers rèlated lo going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic alternative bul to do so. Audllor'8 responslbllltiès for the audit of the financlal statements Our objeclives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audilorfs reporl that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS {UK) will always detect a material misslalemenl when it exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the e¢onoml¢ de¢lsions of users taken on Ihe basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. A further description of our responsibilities is available on the Financial Reporting Council's website al.. https:11 w.frc.org.uklaudilorsresponslbilities. This description forms part of our auditorfs report. Use of our report This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 ofthe Companies Act 2006. Our audit Work has been undertaken so that we might state to the charitable company's members those matters we are required to state lo them in an audilols reporl and for no other PUTpose. To the fullest exlenl permilled by law, we do not accepl or assume responsibility lo anyone other than the charitable company and the charitable company's members as a body, for our audit work, for Ihis report. or for the opinions we have formed.

LIBURY HALL INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF LIBURY HALL Francls Corblshley (Senior Statutory Audltor) for and on behalf of Moore NHC Audlt Llmlted F a..aLII.,. 0411212024 Chartered Accountants Statutory Auditor First Floor 73-75 High Street Stevenage Herlfordshlre SG13HR

LIBURY HALL STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrnstrlcted Restrlcted funds funds 2023 2023 Totsl 2024 2023 Notes Incomè and endowments from: Donations and legacies Charitable activities Residential care home other Iradlng activities Investments Other income 3,903 3,903 11,373 11.373 2,006.062 2.006,062 1,827,133 1,827,133 12 450 4,940 12 450 4,940 672 783 21,995 672 783 21,995 Total Income 2,011,464 3.903 2.015.367 1,850.583 11.373 1,861,956 endlture on: Raising funds 170 170 harilab eac Residential care home 2,002.610 2,002,610 1,830,132 1,830,132 Total charltable expendlturo 2,002,610 2,002,610 1,830,132 1,830,132 Total expendlturn 2.002,610 2.002,610 1,830.302 1,830,302 Net galnsl(losses) on Investments 12 48,677 48.677 {3,835) {3,835) Net movement In funds 57.531 3.903 61,434 16,446 11,373 27,819 Fund balances at 1 April 2023 3,314,102 20,114 3.334,216 3.297,656 8,741 3,306,397 Fund balancos at 31 March 2024 3.371,633 24,017 3.395,650 3.314.102 20,114 3,334,216 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The slalemenl of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

LIBURY HALL BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets Investments 14 15 2.854.157 468,740 2,920,205 320,063 3,322,897 3,240,268 Current assets Debtors Cash at bank and In hand 16 52,305 147,935 22,425 165,627 200,240 188,052 Credltors: amounts falllng due wlthln one year 17 (127,487) (94,104) Nel Current assets 72.753 93,948 Total a8$et$ le88 current Ilabllltles 3.395.650 3,334,216 Income funds Reslricled funds Unreslricled funds Designated funds General unrestricted funds 19 24.017 20,114 20 2,854.157 517.476 2,920,205 393,897 3.371,633 3,314,102 3,395,650 3,334,216 The financial stal8m8nts were proved by Ihe Trustees on 28 November 2024 Mr B Bennett Trustee Mr A Liddiard Trustee Company reglstratlon number 08565062 10-

LIBURY HALL STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operatlng actlvltles Cash generated from operations 24 81,857 57,864 Investlng actlvltlos Purchase of investments Proceeds from disposal of inveslments Investment income received (224,536) 124.537 450 (250,000) 783 Net ca8h used In Invesllng actlvlllos (99,549) (249,217) Net cash used In financlng acllvltles Not decro080 In ¢a8h and ¢ash oqulvalents (17,692) (191,353) Cash and cash equivalents al beginnlng of year 185,627 356,980 Cash and cash equlvalents at end of year 147,935 165,627 11

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Charity information Libury Hall is a private company limited by guarantee incorporated in England and Wales. The registered office is , Great Munden. Near Ware, Herlfordshire, SG11 1JD. 1.1 Accounting ¢onventlon The financial statements have been prepared in accordance with the Charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The Charity is a Public Bènefit Entity as defined by FRS 102. The financial statements are prepared in sterling. which is the functional currency of the Charity. Monetary amounts in th8S8 financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention, modified to include certain financial Instruments at fair value. The principal accounting policles adopted are set out below. 1.2 Golng concom Al the lime of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus th& Trustees continue to adopt Ihe going concern basis of accounting in preparing the accounts. 1.3 Charltable funds Unrestricted funds are available for use at the dlsuelion of the Trustees in furtherance of thelr ¢harilable objectives. Designated funds comprise funds which have been set aside at the discretion of the Trustees for speclfic purposes. The purposes and uses of the designated lunds are Set oul in Ihe notes to the financlal slatements. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of Ihe restricted funds are set out in the notes to the financial statements. 1.4 Income InGome is recognised when Ihe Charity is legally entitled to it afler any performance conditions have been mèt, Ihe amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on reoipt. Other donations are recognised once the Charity has been nolified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations re¢eived under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or othe￿iSe if the Charity has been notiried of an impending dislribulion, Ihe amount is known, and receipt is expected. If the amount is not known. the legacy is Irealed as contingent asset. Residents, lees are accounted for when receivable. 12-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Icontlnued 1.6 Expèndlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economrc benefits will be required in selllement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each aclivily are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direcl costs allributable to a single aclivily are allocated directly lo that aclivily. Shared costs which contribute lo mor8 than one activity and support costs which are not altribulable to a single activity are apportioned betsveen those activities on a basis consistent with the use of resources. Central staff cost$ are allocated on the basis of time spent, and depre¢ialion charges are allocated on the poriion of the asset's use. As the charity is not registered for VAT. all expenditure includes VAT and is recorded on an accruals basls. Charitable expenditure is expenditure incurred in running the home and includes governance costs. Governance costs are those costs as$o¢iated wilh the governance arrangements of the charity, and these include audit, legal advice for tru81ees, costs associated with ITustee meetings and the cost of the preparation of the stalulory accounts. 1.6 Tanglble Ilxod assets Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuallon, net of depreciation and any impairment losses. Depreciation is recognised so as lo write off the ¢osl or valuation of assets less their residual values over Ihelr useful lives on the following bases: Freehold property Plant and equipment 20A per annum on cost 5% per annum on cost Freehold land and assets in the course of construction are not depreciated. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the ¢arrying value of the asset, and is recognised in the statement of financial activities. 1.7 Flxed asset Investments Fixed asset investments are initially measured al transaction price excluding transaction costs. and are subsequently measured at fair value al each reporting dale. Changes in fair value are recognised in net In¢omel(expendilure) for the year. Transaction costs are expensed as incurred. 1.8 Impalrment of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible assets lo determine whethèr there is any indication that Ihose assets have suffered an impairment loss. If any su¢h indication exists, the recoverable amount of the asset is estimated in order to detemiine Ihe extent of the impairment loss (if any). 1.9 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less. 13-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnuedl 1.10 Flnanclal Instruments The Charily has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recogrsised in the Charit￿5 balance sheet when the Charity becomes parly to the contra¢lual provisions of the inslrumenl. 1.11 Employeo beneflts The cost of any unused holiday entitlement 1$ re¢ognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably commltted to terminate the employment of an employee or to provide teiminalion benefits. 1.12 Retlr8ment b8n811ts Payments to defined contribution retirement benefit schemes are Charged as an expense as they fall due. 1.13 Government grants Government grants are recognised at the fair value of the asset re¢aiv8d or recelvable when there is reasonable assurance that the grant conditions will be met and the grants will be received. Government grants relating lo tumover are recognlsed as Income over the periods when the related costs are Incurred. Donatlons and legacles Rejtrlcted Reslrlcted fund8 fundi 2024 2023 Donations and gifts 3.903 11,373 Charltablo actlvllles Resldentlal Resldentlal care home care home 2024 2023 Resldents, fees 2,006.062 1,827,133 14-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Other tradlng actlvltles Unrestrlcted Unrestrlcted funds funds 2024 2023 Shop income 12 672 Investments Unrestrlcted Unrestrlcted funds fund8 2024 2023 Interest receivable 450 783 Othor Income Unrestrlctsd Unrestrlcted fund8 funds 2024 2023 Government grants 4,940 21,995 Ralslng funds Unrestricted Unrestricted funds fundo 2024 2023 Fundraisin Advertising and ublicit 170 170 15-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltablè aetlvltlès Residential Residential care home care home 2024 2023 Staff costs Depreciation and impairment Repairs and decorations Food and beverages 1.463.253 1,297,750 66,047 66,047 120.770 101,140 110,502 104,429 r li Household and laundry Travel expense5 Light and healing Telephone Water Snsuran¢e Garden Staff r8crultment and training Office expenses Other expenses 33.008 31,850 57,665 14,802 9,859 31,303 15,730 1.997 25.265 3,595 32,148 33,919 68.861 13,495 11,374 38,386 11,917 3,502 24,666 6,032 1,985,446 1,813.666 Share of govemance costs (see note 9) 17,164 16,468 2,002,610 1,830,132 Support costs Support Governance Costs costs 2024 2023 Audit fees Legal and professional 9,768 7,396 9,768 7,396 9,400 7,066 17,164 17,164 16,466 Analysed betsveen Charitable activities 17.164 17,164 16.466 Governance costs includes payments to the auditors of £9,768 <2023- £9,400) for audit fees. 10 Trustees None of the trustees (or any persons connected wilh them) received any remuneration during the year and none of the trustees were reimbursed any expenses (2023 no Trustee received remuneration or was reimbursed). 16-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees The average monlhly number of employees during the year was- 2024 Number 2023 Number 44 44 Employment costs 2024 2023 Wages and salaries Social security ¢osts Other pension costs 1,329,036 108,345 25,872 1,186,457 89,429 21,864 1,463,253 1,297,750 Th8 number of employees whose annual remuneration was more than £60,000 is as follows.. 2024 Numbèr 2023 Number £60,000 - £70,000 12 Net galn8111088e8) on Inveslments Unrestrlcted Unre31rlcted fund$ funds 2024 2023 R8valualion of investments 48,677 (3,835) 13 Taxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 lo the exlenl that these are applied lo ils charitable objects. 17-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tanglble fixed assets Fr••hold proporty Plant and •qulpmont Total Cost At 1 April 2023 3,275,085 63,164 3,338,249 At 31 March 2024 3.275,085 63.164 3,338,249 Depreclatlon and Impalmient Al 1 April 2023 Depreciation charged in the year 388,970 62,400 29,075 3,647 418,045 66.047 At 31 March 2024 451.370 32,722 484,092 Carrylng amount At 31 March 2024 2,823.715 30,442 2,854,157 Al 31 March 2023 2,886,115 34,090 2,920,205 15 Flxed a88et Inve¥tment8 L18ted Invostments Cash In portfollo Total C08t or valuatlon Al 1 April 2023 Additions Valuation changes Disposals 318,982 224,536 47,042 (125,036) 1,081 2,135 320,063 226,671 47,042 (125,036) At 31 March 2024 465,524 3,216 488,740 Carrylng amount Al 31 March 2024 465,524 3,216 468.740 At 31 March 2023 318.982 1.081 320,063 16 Debtors 2024 2023 Amounts falllng due wlthln one year: Trade debtors Other debtors Prepayments and accrued income 1,785 25,851 24,669 1,250 21,175 52,305 22,425 18-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Credltors: amounts falllng due wlthln one year 2024 2023 Other taxation and social security Trade creditors Accruals and deferred income 25,998 61,325 40,164 27,083 40,543 26,478 127,487 94,104 18 Retlrament benoflt schemes Dèflned contrlbutlon schemes The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held sèparately from those of the Charity in an independently administered fund, The charge lo profit or loss in respect of defined contribution schemes was £25,872 {2023 - £21,864). 19 Rostrl¢ted fund• The income funds of the charity include r8Strided funds comprising the following unexpended balances of donations and grants held on trusl for specific purposes: Movement In funds Incom• Movement In funds Incom• Balanc• •t 1 Aprll 2022 8alin¢• at 1 Aprll 2023 Balan¢9 at 31 March 2024 Amenity fund 8,741 11.373 20,114 3,903 24,017 The Amenity fund represents money received from fundraising on behalf of residents and Is managed for the general benefil of all residents at the home. 20 Deslgnated funds The income funds of the charity include the following designated funds which have been set aside out of unreslricted funds by the trustees for specific purposes.. Movement in funds B•l•n¢• al Expèndlturo 1 Aprll 2022 Movement In fund8 Balancg at Expondlturo 1 Aprll 2023 Balan¢• at 31 March 2024 Designated fund 2.986.251 {66.046) 2.920.205 (66,048) 2,854,157 2,986,251 (66,046) 2,920,205 (66,048) 2,854,157 The designated fund represents the nel book value of the charily's tangible fixed assets. 19-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Analysls of net assets between funds Unrestrictod Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrictsd funds funds 2023 2023 Totsl 2024 2023 Fund balances at 31 March 2024 are represented by: Tangible assets Investments Current asselsl{liabililies) 2,854,157 468,740 72.753 2,854,157 2.920,205 468,740 311.322 72,753 93.948 2,920,205 320,063 93,948 8,741 3.395.650 3.395.650 3,325,475 8,741 3,334,216 22 Operalingloase commltments Al the reporting end dale the Charity had outstanding comrnilments for future mlnlmum lease payments under non-cancellable operating leases. which fall due as follows.. 2024 2023 Within one year 7.718 23 Related party transactlons Remuneratlon of key management personnel The remuneration of key management personnel is as follows. 2024 2023 Aggregate compensation 242,258 218,259 During Ihe year. the charity was charged fees £332 (2023 - £115) by Chapelfarm Consullanls Limited relating to the on90ing development and Maintenan￿ of the charity's properties. All of Ihe fees have been charged to the statement of financial activilies and are inclusive of irrecoverable VAT. -20-

LIBURY HALL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Cash generated from operations 2024 2023 Surplus for the year 61,434 27.818 Adjustments for.. Investment income r6¢ognised in statement of financial activities Fair value gains and losses on investments Depreciation and impainnent of tangible fixed assets (450) (48,677) 66,047 (783) 3,835 66,047 Movements in working capital.. (Increase) in debtors Increasel(decrease) in creditors (29,880) 33,383 (10,828> (28,225) Cash generated from operatlon8 81.857 57,864 25 Analy818 of changes In net funds The Charity had no debt during the year. 21

Issuer

Moore Northern Home Counties Limited

Document generated Tue, 3rd Dec 2024 12:59:47 GMT Document fingerprint 430a10f9164c242e0a333a05aa73a9b2

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Wed, 4th Dec 2024 13:10:12 GMT

Francis Corbishley - Signer (ea4fa368a4f1b088dbe99b77301e7fd2)

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Wed, 4th Dec 2024 13:10:13 GMT Wed, 4th Dec 2024 13:10:12 GMT Wed, 4th Dec 2024 13:10:12 GMT Wed, 4th Dec 2024 13:09:59 GMT Wed, 4th Dec 2024 13:00:05 GMT Wed, 4th Dec 2024 13:00:04 GMT Tue, 3rd Dec 2024 13:05:43 GMT Tue, 3rd Dec 2024 13:04:42 GMT Tue, 3rd Dec 2024 13:02:23 GMT Tue, 3rd Dec 2024 13:02:23 GMT

Tue, 3rd Dec 2024 12:59:47 GMT Tue, 3rd Dec 2024 12:59:47 GMT

Francis Corbishley viewed the envelope (81.110.144.24) This envelope has been signed by all parties (81.110.144.24) Francis Corbishley signed the envelope (81.110.144.24) Francis Corbishley viewed the envelope (81.110.144.24) Document emailed to [e-mail] (35.178.119.87) Sent Francis Corbishley a reminder to sign the document. () Francis Corbishley opened the document email. (85.255.232.169) Francis Corbishley opened the document email. (85.255.232.169) Document emailed to [e-mail] (3.8.188.125) Sent the envelope to Francis Corbishley ([e-mail]) for signing (149.86.84.90) Document generated with fingerprint 430a10f9164c242e0a333a05aa73a9b2 (149.86.84.90) Envelope generated by Anita Brickell (149.86.84.90)