REGISTERED COMPANY NUMBER: 08917492 *ttd W•le• REGISTERED CHARITY NUMBER: 1156022 For¢si Chartercd Accimmtants & Sthtutory AJ"bt0W5 Comww8ys Ho School Lane RingwK)od HampshL're BH24 ILG
Report •f tht Tnty• Report of the IndeAdeI Auditor4 Ststettw¢ •f Atlivilies 10 Stat•w•t of Tr1• St#f•nMt of C¥h 12 N•to l• the Stste•ni Flovrn 13 14 w 22 Detsiw •fFiMwtid AtfiTrifiri 23 24
The truÉ¢S are Also direcwrs ofthe tharity for the pwposes of the Comp8rlles Aa 21x4 present their rewn with the finmcitsl SI3trnts of the dw]"ty for the yegr end 31 De£ember 2021. The trlee5 have thpted the provision5 of ACCOwLtI8 artd Reportin8 by Chariiies.. Stsmenl of liecommenda Practice applicable lo charitie5 preparin8 their accOts in accordaTKC the FinhD¢ial R¢portin8 Startdwd applirabl¢ in th¢ UK R¢publi¢ of Ir¢lAnd (FRS 102) l¢ff¢dive I January 2019). Obi#Sive• thd • Thc objects of tk Ch"ty for th¢ publE¢ bwefii provid¢ 4TrJ &8si•K¢, w¢i¢J facilities and a111¢5 hdp ho ¢Jd¢rly pP[¢ ofjd io r¢li¢v¢ th¢ir $ulTmrt8. The tru51ees c(Yitinue to have regard to the guid¢¢ Lsswj by the Charity. Comissi(rt) on publi¢ b¢r11 Th¢ Chwity Id Oper a 39knJ residentid cgre home in New Milton. The Chllnty rmets its public benefit obli8abons by havin8 a policy that we r¢sidents th places or¢ fwthd l¢wl authonty, wbich pays less than the rate sct by the tru%try &5 wdl as th¢ pay the full fe¢ privtstdy. R¢sid¢nL8' indepefftdence and partiCiPAtion is actively prontA. We have a pro8ramnr of re8uIBr activities provided thi yegr by ow own stsff due Covid-19 restrictions limiting tern vjsttors to the horne. Actsi'tts&8 have roce on wts & ¢rdb s¢ssions, 4m SanS and quiiJ£s The same Covid-lg restrictio1 dso limita4 our ability to Provide faith V15Lts. eXeIse cl&sses. live rrA>5iC. Vi51ts by children and visits iry animals (with thcir lJandlcr51. S]lty, our anrtual Opffi Dw. ouliry thc Nrw FortsL C•ttrts. th¢ s¢a5id¢ slK)pping trips $0. re8r¢tfty. ¢wKdled durtti8 th¢ Pand1¢ l(xkdowi th io the pandemic, we haie aEso had visits from OUT volunteers. regujarfy Con in to wciali5c wth the resIdets to help siwort activÈtie5. We ILK>k fonvdrd to re-introduLyn8 all these form5 of xtiiTrty once Gwdance a]low 10. We hdd rewdAr netin8s rtsidents (but witho f8rnili&4 or Tne dunng IIKkdowi penoth). wlh"Lth are atttndd by the R4isterd Manager )d othtx senior stsff. Th&¥e Aetings give restdenls an opportlty to presS the4r Yiew3 on IM>w th¢ H(Kne 1$ run and io r8ise any issues that nmy be of concern. We encowa8e visits from friends and family. can be provid with com[nOddtIon and mea15 if rcquired, 88wn thcK have beffl $thpid¢d during lod$ of Covid-19 lock and SOL7a] th"stanang. Pagc I
ACHIEVEMENT AND PERFORMANCE Ths vegr wrfOrtWl¢1Y wrt b¥¢ts doftmna ty th¢ impl1 of Cowid.IY Blu'th lla8 tffou8hi stre88 and stroin on oll our statr. rtsidents. relEtsves llnd all of those who swJrx)rt Quaker HO¢. The Tru8l¢¢s ar¢ how¢r m)d thkrth for th¢ tT¢t)Mdow dedi¢4b¢)n and elyort of OUT 5thff TCSidcnt5 In these th"fficult Peet tsn. Bccau5e of thi$ hard WOTk und sacnfic¢ wc have manu8cd to sthy frec from any Covid.19 inf110n3 In the home HOver. we have had to fA¢¢ ri$in¥ costs in defylirtg th¢ Pwjdemic llnd fdlin8 revenuts our occuponcy and referrd levels fell due to Covtd-19 restrictions. The TrtteS hove n$1¢S 10 limit the fInanU impa¢1 of Covid-19 And hthve b)0$1 our inc()nr fromThyvemtwi suptK)rt 8rants h¢rever possibl¢. Despite these Covid-lg ditricdiies w¢ ¢onItrt w h)Id & rd. in all fiv¢'K¢y Lithes of Enqwry. {KLOEs> ¢¢sttyJ by the Care Quality Conmiission ICQCI publishd in Jw?uary 21)11) Ths Tefie¢u susthina work doK by th¢ R¢1¢0 irt mairtti)inin¥ ¢ontirtuous ¢omplinnc¢ th¢ KLOES. Equa]ly. we have a8wn mTrTro¥ed high level of statT retaltson w)d tramuJ8 (M ofii deliv¢rJ 1rt4ouso) unlikt • other cwt prode15 implctthl by Cowid.Ig. We take yeal pnde In the le¥d of Irsinin8 thAi w¢ provid¢ io our sthlT A kry p¢¢I that is mondwory for our $thlT nylish evuy Ye 18 fir¢ trainin& both prn¢u¢41 rthd thereAL Thil played 2 ¢Ncial role in the hdI1 ora fi in th¢ Idry room WLd th¢ s•fe &Thl elric11 tNTrV4ywi of oll widenL8 4nd tLW•y from th¢ sow¢¢ of the fJr¢ Tr fire bri8tyJ¢ offiMr in ¢hor8¢ of the in¢iknt praiwl the wxitrmk elTi¢l¢n with th¢ wl1ol¢ siwwion v48 handl¢d. The qua]ity and exi¢ni of KlivitsS for our residents corttsn io be hi8h and 5evrni reBiden15 And their familie8 hive thankcA for we provide. Pa8e 2
FINANCIAL REVIEW deficit of £65.999 for the ye4r comped with a defjcit of £28.359 for the previous ye4r. th• Tnt¢< regard 4$ w th"¢venrt)¢ th¢ prt55Ute5 OFCold.I9. The contsnuatiLm ofthe pandemic rInCon$ and the cautioLS appr¢>xh of the Quaker House Managent team enabl the hon% 10 remain Covid free Thi$ iJryN)rtant noi onlv for our existin8 residents but also. for the VLsiiin8 friends, farrilies and for new enquiries hover, the public per¢¢ptton d mryth"a coveTa8e gave nursin8lresidentid hom&8 a coutionaTr approach re5ultin8 in new &)quiries being $om¢th he$11 during the year whi¢h h&8 d¢aA)' On ¢ffe¢t ort out finan¢iJl p¢rfotTrTC during 2021. PT¢panng a bL¥J8et foT the y¢4r hh¢&l proved ¢h8]I9 however. w¢ Ittntaincd a sc4L%iblc l¢veJ of fee Incr¢ in the hope that matters would nol worserL Governmtnt gmts tffovId softy fmanciai tssistsn¢¢ while ow i¢T¢4$¢d r¢spii¢ ¢4re numtws proved importarti in ow overall 0Mt. Our Enco dre&s by 7.8% (2020 incre by I1.5tIA) wthJ"Ist eXpditUre decre&J by 4.8%12020 Irre by 1.3Vo . Iktch 5howJ the Cauttary opproach taken with ow expenditure lthels durin8 a diffi¢uit time W¢ m¢ 8 chan'¢abl¢ LY)ntrtbution &4uivaient lo the shortfdl in Lncofty of £8.89) {2020.. £14.866) (rom rtstdthty funda by our Ica authority cort4JareA with would have re1Ved if the rtÉid)ts had thomÈolvÉB. Our w>lity i# to n• Out ¢bant8b contributi0tt8 Q8ainst the roc fee income in our xcourÈLS. Ai'erts8e room occupancy during 2021 62 u)mpd 71Wl In 2020. to the Jtwl of CovLd-19. Th¢ ¢omal¢sc•Ke and Tesptt¢ s¢Thi¢e ¢(mtin to be popuiaT and Achi¢ve5 Y4 good c(ffiVeY510n rate into full Tesidencles. The ¢omparty'S Cash r¢serv¢s policv J$ d¢sJ"¥ned to keep suffjcient "free ¢a5h' In its bank accounts to coveT approximate]y six rtKMths' opcrabn8 cash rcquiicnKnl plus three vear5' ¢stited txpcndilure on planned nwntCnce and improvrnts. 'Frce c•5h" Ga5h ex¢ldin8 rcptr%•lin8 Sidents, deposits #t¥J atrnwts rd1¥ to rc%thc*d 5 are iniended kn be than iwrlwe nM)ndL8 fnmn the Imisrtt sheet date. Thi's reqwrenrnt is equivetrt to £736.IKM) (2020.. £775.IMX>I. HowEver, the cCUl 'free wh. reserve figure is £412.911 (2020.. £442.(KK)). wkn'ch 8ives a shortfa]l in ca8h reserves of aknut £323,(XK) (2020.. £333,IKM)). Ai this level, the Board considers the Chtirity is able to cofttsn ty ftion Èn the n1 12 months whiisl li rebuilds its (xCLGnCY rate ond reduces costs whu¢ FKFssible whilsi rtwDlwrnn8 the l¢vd of ¢w¢ 58f¢ty ciNtsi5taxt fiv¢ lknd, scotrs wdcr the KLOE5. W¢ wr of wur5c ¢onlinuatly We have benchmarkul feu. both the new for 2021121 to e4yure thDt are in line with the rnwket in lu.ch operale. The Trustees are of the opinion that the m&rket We of the freehold property the Charity. 15 grealer in value than the bLKJk &% stated in the balarKe sheet and is reflectsd nx)re in Itne With propty price incrayes have been Ps8e 3
STRUCTiIRE, GOVERNANCE AND MANAGEMENT The Charity Is a o)rnpY limit lry ¥wanteE and dogs not have sharr capiial. Its 8ovemin8 do¢wwt i$ th¢ Afy'cl¢$ of 8socl0ts(. The Trustee5 set the stra¢e8ic threctson and policics of thc Charity aftd de]c8ate th¢ Jwlcnthtatsm of th¢ir dlsIonS and day.to4lay nwenKnl lo the Re8iSteTd Mwer. th¢ Managcr and other $enior rttmbets of $thff. Th¢ BoArd has iw) Comnui¢s' Fin4Th¢¢ and Fa¢ilits¢s MjnwmI Dun"n8 2021 there bdwe¢n thre¢ And six Tfttyie with a wd¢ r¥¢ of prof¢ssionfyt b¥k8fOds. There i8 8 forn7 process for re£ruitsng new Tn5. This inddes art inf0mt rKdinB th¢ ¢•jId &tWed lry the Chw'r. another truse and inviknng the cthndida¢c a Board Nrcbn8 p3 ob5eryw Nrw of docurM•lation mcct wth the ChwT ofth¢ Bowd, th¢ Ch&r5 <>fth¢ Commll. th¢ Bw8in¢ss Mww8¢r Jnd th¢ liw'sier Mants8er. Thty are is$1 wth a job dwcnptsor) tmd a board tber hmdb(rfJk. TnLsiees r¢tir¢ by rowion ¢i¢ry. 'rd Unnu vIeW meelin8 but 51and io be relted. However, they mty yerv¢ no ny)re thAn thr•e conu8)$ 3ear ofotriw other Lrt vxtepiiotd ¢ir¢un£nw. No inxttt8 T4uired be ntirnj by roi8lion dwin8 the year {2020.. Nont) or to httve thu"r thrlier •pp)irttmtnt e4ttfirnl the Annuthl R¢vi¢w Me44in812020.. Non¢l. li is a rtywremEnt TnJthes 1v# trninin8 on variow i889 Ind108 d¢MU8 and fwdr8i$in8. Th¢ risks th¢ Chon'ty rAc¢s are Teviewd wtnujlly. have b•t bIl$ld miuBat¢ them. We cond1 an •rnu skills aw]J"¢ of th¢ ¢nA%¢s. Th¢ Hon ig rryistvryl w?th and re8uiatrA by th¢ CQC the Health and 991 Care Act 21M. REFF.RENCE AND ADMINISTRATIVE DETAIIS Rellitered CompAny number O¥I)174112 IEn¥land and Wdesl 115(A)22 Rryisternd office Qullker House 411 Barton Court Road New Milt Hwyythkr¢ BH25 ANR Trle M REthL5 B Dfflnpster N HolmBS EK¢ry E Hmyward J M&8ttts SeTrior StAthtory Auditor Zara Dwjster FCA P88¢4
REFERENCE AND ADMINISTRATIVE DETAIiS
Auditors
Town & FoTESt
Charter&J Accountsnts & Statuknry AAitOrS
Com¢rws H0C
School Lw
Harrwhirc
BH24 ILG
Solieiton
Bates Wdl$ Brntthwaite
10 Quttn Str¢d Pl
ECRU IBE
STATEMENT OF TRUSTEFS, RESPONSIBILITIES
Th¢ trttsiees (tho are also the directors ofNew Foresi QU¢r Csre Home for the PUr[¢S of con1)y1w) ar¢ responsib
for preparing thc Report of the Te¢S and the f]nanci stakments in accordancc with applicable law and United "ngdoM
At¢oth)tmg Stsdr& (Ut)it¢d Kin8dom Cthexoily A¢t¢pta A¢¢ountsng Pie>.
CompA¢ry law wuir¢s th¢ intste¢s pr¢pgre f]twi¢ial for eath fin&Th¢ial y¢4r MlJi¢h wv¢ a and f3ir vi¢w of
thc stal¢ of of th¢ thwitable ¢(mpartv and of thc ¢0n8 r¢sourtrs #nd opplJ¢41ti
AUDITOLS Th¢ Awb"tOTS. To*m & Fort8( will be propos1 for rtropFK>Sntmthxi at the foTthcomin8 ThJ"s r¢port has bM prepared in acCordW with th¢ sp¢uai provisioAs of Part 15 of thc cory1¢5 Ad 21M rdats'n8 to smatl ¢<wes. Approved order of the iN)&rd of tru¢¢$ . and s1cd on its bthr.. Po8e 6
Opinion
We have aJited the financial slatements of New Forest QuEker Care (the 'chantable c(ThipanN') for the >'ear end
31 Dx¢mb¢r 2021 knch comprise the Statetwl of Finfin¢i A¢tivities. th¢ Sthot)v)t of Finan¢ial PO11[ the Sw¢mmi
of C&sh Flows rLo¢e8 io the finmcid $thMents. including & of sibmificant PolIn8 policie. Tho fitw)ciol
r¢poninB (ramemork that hos beaj applied in their preparAtson is opplic4ble law and Unit•J KLn8dom ACCotsn9 StsTKIEr
(Unii¢d Kin8dom Generally Accepted Ac¢ountin8 Practice)
In ow opini(m the finBnciDI stsleTrnnts'.
ve a tn and fwr view of the stale of the chan"table COMpy'$ affwT5 as 31 Decembw 2021 And of 115 ineomtng
resourc45 &nd appliclort of re6(4w¢e8. in¢ludt'n8 its in¢on¥ and ¢xpwdiliir¢. for th¢ y¢gr end.
v¢ PrOlY pr¢pvoJ in xcordance with Untted knnBdom cner1} AccepteA Accourtin8 Prlry aThl
hAve pler1 in WTts)e¢ with the wuir¢rwts ofthe CompaNes Act 2(KK>.
Bwi8 for opinion
W¢ cond(& our audit in accordonce with Intern101 Standard5 on Auditiny (UK) IISAS (UK)) appli¢nble law. Ow
SpolbIlieS under th(%8e ithndords are further describ1 in the AjItOrs, re5POnBibilit1•5 foT the awjil of thc finhth¢i
S¢atomts tsort of our reyK>rt. We are itldvwdthi of th• chan'thbl• compony m aw)rdATh¢¢ with th¢ thca] r•quir¢nwl•
th41 hr¢ r¢levoni our akn.1 of the finDThciol statemmts in the UK. Inc1J1n8 thc FRC'S Ethical sdthrd, aThJ hav¢
ruifilla ow oth¢r regrM)nsibilities In lleCOTdance with these rtyulreTrts. We believe that the ll11 ¢Vid
Mtten ort whitb we are requiThl to report by tepli0 In th¢ light of the kedge Imd Lmderstanthng orth¢ d)sritsble company Jd its 4yivAf4ThJment obtaujed m the $¢ of the 'I have not idcntifityj matenal mis51atemEThts irt the Report of the Tn]stso&. We have nothin8 to r¢wFn Én re5ffi of the follo18 m&tters wthere the cot)wl&4 Act 2(K)6 rert lo you if. In our opnirn. adtt4UQt¢ A¢COW)tsng Twords h4V¢ tw be kept or Teturns ad¢quate for ow alit have tx)i be• receivd fr¢)m branth not visiid by us. or the financial are not in a8rccmtrkl with the xeounting rctords and rett. or cerlain di5¢1eS o(trusÈew' rryntherion spttlft ty law w¢ m•Je'. or we hayc noi rettived ail the inf(Krni¢)n m)d explanatson5 rVir¢ for ow a"( or the truste¢5 Kr¢ not entitl to take adiw?th8e of the stjuil ¢ompani¢s exemplion fiom th¢ rqthrement to Ppart stre81¢ Rep)rt or in preparing the R¢port of the Trstee$. As explned TM)re fully in the Statsmtht of Tnthees, kesponsibiliiies. the tnLStws {wkn 8160 the di[lOr5 of the ekn¢abl¢ conwarry for the pww$es of aMnpaTry law) w¢ r¢s[m)b]e for the prcpfjrats of the 5tsrt<¥wts •)d for being Swisfied they give A true rffld fair viem.. and for s inlemai control the irLL8tees ddermin¢ 15 w¢ssary to enable the pr¢pwthion of financiHI 5tmeL8 thEt Bre fre¢ fTQrn mriaJ misst&tcmrnL th¢th¢r d kn fra or ¢rTOr. In prepann8 the fin8nct8J stakments, the trthte¢s are re%rM)rLsible for asstsstn8 the chantable CoMpY'S ability to continu¢ as • goin8 th"%losin& &8 appliLxbl¢, matters r¢laÈd to 8OLng concem and lAS thc goin8 con¢em b'S of xcouThtsn le55 the either 11tte] to liqwd the dwi"tsble or to cea8e opuaknon4 or h•ve no reaiists'c alr1C do so. Our respwtiibllities for the audil of firtncl stments Our obJcctsv¢s are to obtw"n reasonable SuranCe wl)eth¢r the fm8ncial sWemth)ts 4$ 4 thole are Iree from wi¢ri mtsstatcmmL wkntth due to frawl OT tytor. and to is9 a RewTrrt tsf the Inde[at A"5 our Re)nable is 4 'sh level of wuratt is not & sntee an autht W[U(led in a¢cordanr ISAS (UK) wryll alway5 de a mthrial Missle¥ll kn it vxists. Mistht¢rtWL8 can arise from fwml or error a ¢onsidered material Jf. rndiYJdts3lly or in the a88re8at< they could rA)nabty be e¥pttknJ to innwK¢ the eeonornic dc£i510ns Of[5 takem on the b&81$ ofthese fircial S¢mLS Irregulariti¢S. lllclthling Fraj. are iw1{¥S of non-compliancc *Jd regthations W¢ d¢si8rt procedwe5 in Itne with ow re5POn5JbilJtie& oullind abov¢. dd¢¢t material misstat¢ts in resp( of irTC8ularili¢s, induding (rn1. The exi¢m to wthith our procethres of dete18 irre8ulwiti¢& inclthlin8 fraud is de¢ail¢d b¢low. W¢ obtsit)a an urMSentAndin8 of the legal and reguiAttyv frw)orks that are appli¢8ble the etity d¢¢emned that th¢ si8n1fica are those relate to the CorTVni¢S A¢t 2(M)6, FRS 102 and ch8n.ties Act 2011. W¢ 5¢d the risks of misswrni in respect of fraud fyg follows. madc full thquiries with MBT1Q8ent and those dw8ed wqth 8OWtrngnee As part of our fra( ¢JLS¢USSiOnS we dcUSsed wts¢uLAr oreas we bdi¢V to b¢ $Ceptible to Misstatem1. Also durin8 ow paid particuiat to lookn"n8 for rtjata pfity transacti¢M4 h¢)w¢r th¢r¢ no relatsj pw trans2ai0 in thhs eniity. A furfher d¢s¢ripti'on of our rcspon$ibiliti¢s for the a]11 of the fman¢tAi $lAtements is locat ot) the Financia] Reportin8 CouncJl'$ websiie at ¥vw.frc.or8.vkI3dIlo[SreSPorL8lbI]Itie$. Thi$ des¢ripiion Forn part of our Report of the Indedl AJitO. Pa8e 8
Ux of our rtpèrt This rert is mNlc soldy to the dj.ble ¢ory•rfs menkn. ts • btyty. in aCWrd TAryth 3 of P 16 of C.ompwsi¢8 Ad 2(X)6. Our work both $0 mithi the dlble eonyany'6 Thxrnbors thoR• matters K 4r¢ wuirnj to io thun in awkntots. reKwt and for no othcr pwpos¢. To the fullut rth¥tt pmttyj by Irdw.. 7A do not xcept or r¢sportsibility' to ¢)thu than the dwi"table compary and the chan"table ¢onwatry'8 memkn a4 & body. for our a"t for thi$ r¢N)ry OT for the opirri(w hav¢ fornd. Z4ra DLrt8ler FCA (Sayor sory A"torI for and m bthalf of Towi & Fory¥i CharterrAJ A¢¢ountsnts & StaknJry A111 Cornerways Ho S¢hool Luke RL'n#*Dod HwTy&hire BH24 ILG 25 August 2022 P•8¢ 9
31.12.21 Unresthcted 31.12.20 Tothl fim&8 INCOME AND ENWWMEMS FROM DOnati(S and le8aries 2.672 4,470 70.230 91.269 Other trthlin8 *liViti 1.153.159 12.435 1.233.440 14,045 Totsl 1.238.496 1.3432 EXPENDITURE O Aritsblt Aelivilies Ch8n'ti&ble Costs I.JKI,¥93 4.354 892Y2 1.269.544 4.439 88.748 supp Costs 9.956 8.852 Totsi 1.304.495 .371.583 NET INCOMEIIEXPENDITURE) {65,9)9) {28.359 RECONCILIATION OF FUNDS Total fidI br•utht f•rwthrd 1387.324 2.415.683 TOTAL FUNDS CARRIED FORWARD 1321.325 2.387.324 P4y 10
31.1221 31.12.20 Total No FIXED ASSETS Tan8iblc 2.034.216 2.086.7 CURRENT ASSEIS Sio¢ks 12 33.274 4W.715 30.927 501.946 Cath b)k in hd 517.678 534.(K)2 CREDrroRS Anx)wts f18 ithm eye•r 14 {X>4.478) (197.420) NET CURRENT A&SETS 313.2Crf) 336.582 TOTAL A&SEIS CURREI¥T LIABALITI 2J47.416 2.423.342 CREDITORS ATr%) fdith8 dw after n)rt y¢w ij 126.091) (36,018> NET A&SETS 1321.325 2.387.324 FIINDS Unresthethd fimds 17 2.321.325 2.387,324 TOTAL FUNDS 2.321.325 2.3¥7.324 the sndl The financi e b). Bolrd of Trpjthth for i8M* tre si8rnd on its behal(by' M dn5
31.12.21 31.12.20 Nole5 C•th fllnvi fr•m opermtiry ¢liviti¢• C&%h yen¢sad from operntions Interest offMon I ).n>S pntd 13.256 83.724 (421) (421) N¢t ¢oKh provmled by op¢ffa#n8 )vIll 11835 83.303 Ch Ilow$ froth inv•Jting •tlivili PurChC oft•nble fixrjj sssets Ini¢resi r¢ceivLyJ {32.81X)) 435 186.451) 2.(W5 Nd cash wed in thv¢stsn8 #iviti¢s (31365) (84.4(K>) C••h flowi frffli Wtlviti Capitsl rtyainrnts in year {1.701} ¢aÉh in &Xivi (1.701) (1,701) Ch•nie In t•h in the porting period {212311 11804} Of Ihe rtportury pvhd 501.946 504.750 Cuh e•h equivthnts #f the •NI Porti period 480.715 501.946 Pw12
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERITING ACTIVITILS 31 12.21 31.1220 N1 expdi for th¢ rtportmii pffi•d (• pw IbÈ St•teTh*•f •f A¢livitiw) Adjuitnxnts for. tkpr¢CIIoTr Ch8¢$ tth$ IYL dispjsai of fixa asx {65.99)) 128.3591 85.344 82.488 1435) 421 (15> {2,347) {1.16¥) (1045> 421 3.945 211.251 7.01¥ Iln¢rewYdecre&8e in slocks In¢nyJC¢TM8¢ in debwr 13256 83.724 ANALYSIS OF CHANGES IN NET FUNDS 1.121 C#h flow Ai31.12.21 Nel ¢•th I,h Ll bk 501.946 (21.231) 501.946 {21.231) 480.715 D¢b¢ Fina I¢A 14.2491 1.701 12.548) 14.24Y) 1.701 {2.5481 T•lal 497.697 (19.5301 478.167 Page 13
ACCOUNTING POLICIES The finan¢481 swemtnts of the chantabl¢ ¢ompwy, wkn'ch is a public b¢ntfit ¢#uty der 102. have bo prepAr¢d In J¢¢ordnnce Mqth the Chwities SORP IFRS 1021 'Accountin8 Rcwjttsng bv Charitia8'. Sthtsment of Recomnxndfxl Practs¢¢ Applictsble to charities preparin8 their a¢¢ounts in accordarbce w?th thc Finnnciol Rwnin8 Siwldard applicable in the UK ld R¢public of Ireland IFRS 1021 l¢frllt l January 2QlS1', Financia] R¢ponin8 S¢ondard 11)2 The FirKi Reponin8 SthndLrd applicoble in the UK ond Rq)ublic of Irelond, the CompAnJ 21X)6. The fin0141stt•rnvTrts prepared ler th¢ histon¢41 toÉi coE)venuon and in wjth the cOtIng licieS set below. The fu)wKiAI sthtemenL8 have beèn prepthl irt srlin8 which L8 the fUTl0 ¢urr¢ncy of the ¢han'ty. Ineon All inc(pW is Teco8nised in th¢ Stht¢nnt of FIn¢1)i Acuviiie5 once the chArity h4¥ tillet to the funds. il ts probabje that the will b¢ rvxived and the ar)¢ b¢ LAblY. Itic5. Donwions are aCcotj for u they reived. ix8acieg. Pe¢wiwy1¢8aci¢5 Jr¢ for they aT¢ r¢c¢1v. R¢siduary le8&ies aCCod for the de of entitlem¢ni. LAKai Authority Fe•5 Ar¢ a¢¢01¢ for al the dth the invoiL 18 in wrd¥Lce with the 41nd PT¢vwlin8 th the Ial authwity. Invesimml in¢ome ig account for on¢ th¢ in¢om¢ ha8 CTrJld io the bank a¢¢owi. Granl Irt¢0 Is C011n1ed for in approprith that motdS wth the pendi1C toward8 which il ij In¢aeAI to ctribU. Cnnts for flnanci $upport or to cover G¢>sts incwreA ore rec08md in the slalerrnnt of finAn¢iai 1vill. All 8r8nt incomo li rnCOWhiged wh¢n 411 ¢onth'lio for reL¢ipt h&ve bEen ¢omplioJ with. Eipendl¢¥re Li#bililie8 we reco8niseA w exp¢ndiiur¢ u $oon Al th¢r¢ is a legal OT conJthKbv¢ obli8ouon ¢ommittin8 the chlty to ¢Xpdi1e. it is probablc that A ¢ransf¢r of e¢onomic benefils wryll b¢ r+Xtuira in satleml and the arnOt of the obli8alion cart be reliably. Expmdiliwe Is o¢¢owtsd for an accnds bA9i5 and has be¢rt ¢[lfi¢d under he4¥Jin85 that 4yrwi¢ dl c1 reled the ¢t8ry. Wh¢r¢ ¢ost$ ¢annot be dIr1]Y HIInbuxl to p&rti¢ular h"n$ they have dlocAt¢d w a¢ts'vttiw w a b3819 CLmSiSttnl th¢ w¢ of T¢gourl. ReaAdtY terniinAtion paymtrtts T¢mknrt4ti0n payrMnL8 art Plryoblc ¢mploYmL i$ terminEtul befom th¢ norn rdir¢nwi or •m ¢TloYee volw¢tsry TeAld in 4¥th4nye for these Th¢ chanty retOyllJ5e& ierminoticrfi paymtnts 14lLtn il i5 den5blY ¢otnnrriii¢d either lil lernaung th¢ erryloyrtni of ¢urreni en¥loyees a¢¢ordinB to & detwl4yl formal plan thout pos$ibility of wthdrowd or lil) providin8 terminati tfItS as a result Of oiTer mode io encouTa8¢ volurtthry r¢dSn¢y. Tw#ibk fix•d uets D¢pr¢¢iaiion i8 ryovided the followryn8 an rn¢s ift order io wrile off exh &q8el over its rStsM#j us¢fd lif¢ or, ifh¢ld a ffftance lea4¢ over the I¢ Le thdw¢r is the shorter. Fred[d Prop¢rty Fixtures and Fittinas Long Life A55¢ts Fire Preventson Equiprt 2% on cosi 10% 5trtii8 lim 5Yo on cosl IO% cosl Pa8¢ 14
ACCOUNTINC POLICILS- eontinued Conwuier Equip1 . 20% on u)si Stoekl Stock5 are vAlu¢d at the lower of ¢thi and net r¢olisable va]ue. after mAkin8 allowanee for obsolrte Slow iyx)witl8 Item8. Tats¢i•tt Th¢ ¢han'ty is from Cory1( on its chan'tabic #aivLtio. Fund atcountitt# Unrestricted fmds ¢8n k wed in accordanc¢ with th¢ dwitable obJ&tives at th¢ th'scraion of the trle£s. R¢&tyiekd rd8 ¢an 4)nly bt for p8rticul re8th¢td purw withi'n the of the dwity. Restrictions 8ri$e srrtified by the donor or when fimd8 are rwsed for panicujar pwa. Furth¢T tt¥plwotion of the natwc and pwpos¢ of each fwjd is in¢l1¢d in th¢ nolts to the finmGial s¢at¢twts. Provision8 and atCTw•Is Prosi$ions are rcco8nJ5a kn there is a preseni lcgal or constntiYe obligatson a r¢suli of p&8t events 8nd the )wil c4n be Fdiably ¢stsmthl. Provisions are not rwisd (or fuhre ¢w&ts"n8 losses. Trade d¢btors TTad¢ debtors are c8rri oDwaJ invoice Onu)1 less ¢S¢im•te for dourui debtors. B8d d¢bts we writt off when identified Specifjc provisions are ryd¢ debL8 whose recovery i$ ¢onsidereA doubffi. The cotnpwry OPeraS a defIn conthbution pujsion sCheTh. COntriin'ons payable to the Ch.ble ¢omp8m s pa10 schL*ll¢ ar¢ <knrged to the StatenI of Finonciai A£tt£s Jn the p¢nod io rdatc Ite {or proj¢¢isl Costing les5 thaD £3.(MM) ar¢ written off a8wn5t inronx durin8 the year of exdI1[¢ ii¢ny with Itfe of three yews are alw NTitten off 088ingt incomB. DONATIO]YS AND LEGACIFS 31.12.21 31.12.20 tk)nabrms 2,672 4.470 Pa8e 15
OTHER TRADIIYG ACTIVITIES 31.12.21 31.12.20 Room frts Sundry in¢0 1.149,659 3.5(X) 1.232.940 51M) 1,153,159 1,233,440 INVESTMENT INCOME 31.1221 31.12.20 Reni- 38B Borton Court Road DeFrf>Sit accoiini inier¢si 12,0(M) 435 l2.(KX) 2.045 12.435 l4.(M5 INCOME FROM CHARITABLE ACNVITIES 31.12.21 31.12.20 ActiVLty Grant ITwm¢ 70.230 91269 Grwkts receive4 in¢led in the aFx)ve. are a5 foll¢). 31.12.21 31.1220 Gmts Re¢¢iv•4 70.230 91,269 CHARITABLE AcfiviTIES COSTS Support costs Is noie 71 tA"rect Costs Tota15 Chan'tiEble Costs (>Ji'ernarLce Support C¢)SLS 1.21M).XY3 1.2(K>,893 4,354 89.292 4,354 89,292 1.200.893 93,646 1,294,539 Pw16 ¢ontinue&..
SUPPORT COSTS Totsli G)v¢maAce SupKw)rt Costs 4,354 4.3 89.292 89.2W2 89292 4.354 93.646 NgT INCOMEJ{EXPENDITURE) 31.12.21 31.12.20 4.354 83.643 4.431) 80.7¥7 1.701 8.431 Depreciation. A¥sss Deprecialion. a¥6¢ts oft hire purtse wxl finK¢ leas Hir¢ ofplant and mrth'n¢ry Defirii (¥) th'Bpol of fixed aM¢¢• 9.535 TRUSTEES, REMUNERATION AND BENEFITS Th¢r¢ Myre no IMi¢u' or other b<rfits for the y¢ar erthj 31 D&¢nknr 2021 nor for the yèw 31 Dtternt¢r 2020. There vrn¢ tr1¢¢8. ¢xpu4¢s pwd for th¢ y¢•r qmled 31 Dewnbw 2021 nor for ye4r 31 De¢¢mber 2020. STAFF COSTS 31.12.21 31.12.20 WD8e5 #nd sglan SAxia] se£ty ¢os (hher pM8ion coslj 766.535 SA.749 41.313 772.932 59,403 39.81)5 864.597 872.140 The &ver8ge ofuryloyets dwiD8 dy¢•r follows.. 31.1121 37 31.12.20 38 Full Part TIME P8¢ 17
TANGIBLE FIXED ASSETS Fixtw FredxAd Property Lon8 Life Assets FittiTL8S COST Ai l January 21)21 Additsons 2.352.958 248.288 13.180 159.879 31 Decernber 2021 2,352.95¥ 261,468 159.879 DEPRECIATION At l Jwjuwy 21121 Chur8¢ for ve 511.408 43.181 93,763 21.835 7,2117 At 31 Dttemb¢r 2021 554.589 115.598 5)5.3n NET BOOK VALUF. Ai 31 Doc¢mber 21121 1.798.369 145.1170 CA.507 At 31 Dmber 2020 l.X41.55 154,525 71.7Y4 Fire Pr¢Yrniion Equip¢wi Computer Equlpmenl Tothtg COST Ai l Januwy 2021 AdditionB 98.(A5 2.772 15.4C1I 16,848 2.875.231 32.8 Ai 31 DK¢mber 21121 101,417 32,31Y) 2.(Xlll.l)31 DEPRECIATION Ai l January. 21121 Chorge for y¢ttr ¥5.5{)1) 7.0711 9.706 7X¥.471 11.S.344 Ai 31 DeMber 2021 92.587 15.669 873.813 NET BOQK VALUE Ai 31 De¢¢mkr 21Tr21 8.1130 16,CAO 2,1134.216 Ai 31 Denl 2020 5,755 2.08C).760 In¢lud¥d in ¢osi or vduotion of land and builthngs 1$ fre¢hold IAnd of £IY3.1175 121)20 £193,875) Mthich is nol depre¢i4ied. Fredld Property CO ¢onsisL8 of Quaker Howe £2.024.558 and 38b BArton Koad £328,4(Kp. PA8e 18
TANGIBLE FIXED ASSETS- contiDw4 Fixd ets. in¢lud¢d in the aljove. which are hdd lder fInCe are follows." ompui¢r Equipment COST Ai l JOntU 2021 qnd 31 Deeenknr 2021 8,505 DEPRECIA TION Ai l January 21>21 Char8e for year 3.969 1.701 Ai 31 Decomber 2021 5.CTr7(1 NET BOOK VALUE Al 31 1)ecernber 21121 2.835 At 31 Dnber 2020 4,536 12. STOCILS 31.12.21 31.12.20 Sio¢ks 3.(189 1.129 13. DEBTORS: AMOIIN15 FALLINC DUK WITHIN ONE YEAR 31.12.21 31 12.20 Trade deb18 Othe¥ debiors PreprliS 2C),.$18 746 6.010 27.474 1.197 2.256 33,274 311.4127 Pa8e Ig
14. CREDITOKS: AMOUNTS FALLING DUE WtrHIN ONE YEAR 31.12.21 31.1120 Finance lea8es (see no 16) Trade crnjjiors Social Se¢ty and otlv w¢s (Xher Credito Pei(x) Fd defiat Def¢trtd itKO 1.701 22.767 27.147 74.093 8.205 1,820 68,745 1.701 16.118 31,314 63.896 8.366 68.059 204,478 197,420 15. CREDITOKS: AMOUNTS FAiIING DUE AFTS R MORE TIIAN ONE YEAR 31_12.21 31.1120 FinwJ¢¢ leasts (5¢¢ note 16) Prnsiffi Fwd deficit 1548 33.470 25.244 26.091 36,018 i& LEASING AGREEMENTS MimrTrTh le paymats der finantt lexes f211 as follos". 31.1121 31.12.20 Grosg oblJBau¢xts rerAyabl¢". Withjn cffle l'ear Betw¢w ¢ and fiv¢ yea 2,122 1122 3.180 3.182 5.302 FITkgnce char8e5 repayable.. Within e ear 421 213 421 632 634 .053 Nct obli8ation5 rerAyable.' Within one )'e8r BeNW) on¢ knj fiv¢ yew5 1,701 847 .701 1548 4.249 Pa8e 20
J7. MOVEMENT IN FUNDS At 31 12.21 Ai l 1.21 it) rd9 Genernl fLnd 2.387.324 165.9()9) 2.321,325 T(YfAL FUIYDS 2.387.324 (65,YWI 2.321.325 Veml in rd5. Includ in the al)ve are followJ.' Inmin¥ R¢sour¢¢s Movem1 in fund$ UmYs¢ri¢t¢d fund$ Crtttcr fmd 1.238.496 11.304.495) {65.991)1 TOTAL FUNDS 1,238.49() 11.3()4,4Y5) {()S,YW) CompnJtivtt for m0vell¢ in fwmli Net Tr¥¢ml in rd$ Ai 1.1.20 31.12.2Q UttrtJtrie fund• Cneral fw)d ReTrthiuolion Reserve 1,111.S,444 1.40(1,239 12¥.3591 Y87.085 ,4(Xl.239 2,415.683 24,35Y} 2,387.324 TOTAL FUNDS 2,415,C)83 12N,35()1 2,387.324 ConwaTabv* ¥¢m¢t in fund8. included in the above are follo.. Incomin8 Resow¢¢g eXpd¢d Movemetti fund5 Umw¢ri¢ted fuod¥ nernl rd 1.343,224 11.371.5%3) (28.3591 TOTAL FUNDS 1.343,224 11.371,583) (28.3591 Pa8e21
- RELATED PARTY DISCLOSURES 19. PENSION FUND DEFICIT The Charity. srbj its employee5 to c(YribUte kn The Pa105 Trurt (kowth Plan Stties 3. a defined bthofit is in d¢ficii To eliminate the defic4t The PertsiuL8 Tnth has iMplen*d a recovuy plan wure5 the Charity to nmke deficit c(ffitribubcrts. The wve tnitsall} set at £6.629.40 for 10 vears Startin8 in April 2013 and Incre&sin8 J /0 pl In April 2016. the contri1)"r8 revis £6.921.67 pa Irea81n8 at 3% pa and were extendgj septts 2025. Proilsi ha¥ beem nle fLY the defic4t Ca1b.0n5 p&yable at the balwKe shttt Sincc Scpt¢Tts 21m all ¢(trIEn8 aDpkryec5 ded to Thc Paoiorts Tn1 Plm Suie5 4. a definul ethtrlbIlM CL81 lth"litsts ¢m the HOME. If the c]ty Mtxe th¢ Pl it b¢ I.¢]Y Iisble for its kn of th¢ defi¢it (¢4l¢dot on a buy-LwJI walOn basi5) at the date ofwlth&aW. 30 2015 the cost of wiyjld have been £,459. The Gromh Plan is stheftx {albeii made up or rour suies) so. &$ Ion8 &8 the Chxn"ty. h&% a¢tsv¢ memkn in Series 3 or 4, the liabili ncrt tri88ua. w0visi h&$ not for .$ atw1 the Chan'ty h&% rK)l from th¢ PIXL P•8e 22
31.12.21 31.12.2() INCOME AND ENDOWMENTS Donatiow and lew 2.672 4,470 Otber trndi¥ aetiviti Room f} Sundry mcome .149.659 3.5() 1.231940 51K) .153.159 1.233,4411 Rcnt- 3¥B Barton Court Ro Depwi iNeMI li? 435 12.(NX) 2.114S 11435 14.1)45 Charitbk •¢¢lvili¢• GrJkrtL8 70,230 91.269 1238.4 1.343.224 EXPF,NDITIIR£ Chrit•ble ¢thiti 766.535 56.749 41.313 2¥.1174 51.Y17 36.707 7.695 16.018 5.813 1,4)115 25.925 6.397 69.421 85.344 772.932 59.403 39.110.S 37,444 57.21)3 25.(J211 6.744 22.557 So¢i4] se¢wity P¥tsions A8erKy 5thff Food supplies Li8hi ond h¢al In$won¢¢ Ral&s and water Residenls emIernn% TrnJnin8 Cleanin8 Gard Cpu MwntenwKe D4)rll¢)n of tible fixd atse ss on sale of ble fixeAI Y1¢2 5.834 ,5110 814¥% I,2.893 1.267.924 Other R¢Tht OfequrpnI Carrid for%Trwd 9.535 9,535 8,431 Thls p•8t does fonn p&n rjf th¢ fitt181 St&emts P•8¢ 23
31.12.21 31.12.20 Otller Bro fonwd L&tsin8 9.535 421 8.431 421 9.956 8.¥52 Support ewts Other Prof¢ssioMI fe<8 T¢l¢phone Posts8¢ and Sw)dri¢s ReBistralton fe 53.975 49.730 5.291 5.627 8.802 1.442 %.781 (3.08fi1 5.151 7.795 Adv¢rts$in8 6.Y(K> 8,SX6 89,292 .36¥ Governance tosli 4.354 4.43¢) 1.3114.495 .371,583 Net ewditw 165,9991 128.3591 Th"1$ p•8¢ fonn pxt of the fina P¥8¢ 24