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 

## **Parties involved with this document** 

## **Document processed** 

## **Party + Fingerprint** 

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

Francis Corbishley - Signer (ea4fa368a4f1b088dbe99b77301e7fd2) 

## **Audit history log** 

## **Date** 

## **Action** 

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 

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