REGISTERED COMPANY NUMBER: 08917492 *ttd W•le• REGISTERED CHARITY NUMBER: 1156022 For¢si Chartercd Accimmtants & Sthtutory A￿J"bt0W5 Comww8ys Ho School Lane RingwK)od HampshL're BH24 ILG Report •f tht Tnty**• Report of the Inde￿Ade￿I Auditor4 Ststettw¢ •f Atlivilies 10 Stat•w•t of Tr*￿1•￿ 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 SI3trn￿ts of the dw]"ty for the yegr end￿ 31 De£ember 2021. The tr￿lee5 have thpted the provision5 of ACCOw￿LtI8 artd Reportin8 by Chariiies.. Sts*menl of liecommenda Practice applicable lo charitie5 preparin8 their accO￿ts 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 a￿￿111¢5 ￿ hdp ho￿ ¢Jd¢rly p￿P[¢ 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 pron￿t￿A. 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 roc￿e￿ on wts & ¢rdb s¢ssions, *4m San￿S and quiiJ£s The same Covid-lg restrictio1￿ dso limita4 our ability to Provide faith V15Lts. eXe￿Ise cl&sses. live rrA>5iC. Vi51ts by children and visits iry animals (with thcir lJandlcr51. S]￿l￿ty, our anrtual Opffi Dw. ouliry ￿ thc Nrw FortsL C•ttrts. th¢ s¢a5id¢ slK)pping trips ￿$0. re8r¢tf￿ty. ¢wKdled durtti8 th¢ Pand￿1¢ l(xkdowi th* io the pandemic, we haie aEso had visits from OUT volunteers. regujarfy Con￿ in to wciali5c wth the resIde￿ts to help siwort activÈtie5. We ILK>k fonvdrd to re-introduLyn8 all these form5 of xtiiTrty once Gwdance a]low 10. We hdd rewdAr n*etin8s rtsidents (but witho￿ f8rnili&4 or Tn￿e￿ dunng IIKkdowi penoth). wlh"Lth are atttndd by the R4isterd Manager *)d othtx senior stsff. Th&¥e A￿etings give restdenls an opport￿lty to ￿presS the4r Yiew3 on IM>w th¢ H(Kne 1$ 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 wrfOrtW￿l¢1Y wrt b¥¢ts doftmna￿ ty th¢ impl￿1 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 th￿krth for th¢ tT¢t)Mdow dedi¢4b¢)n and elyort of OUT 5thff TCSidcnt5 In these th"fficult ￿P￿￿e￿e￿t￿ tsn￿. Bccau5e of thi$ hard WOTk und sacnfic¢ wc have manu8cd to sthy frec from any Covid.19 inf￿110n3 In the home HO￿ver. 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 Tr￿tteS 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 & r￿d. 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¢r*J 1rt4ouso) unlikt • other cwt pro￿de15 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 $thlT nylish evuy Ye￿ 18 fir¢ trainin& both prn¢u¢41 rthd the￿reAL￿ Thil played 2 ¢Ncial role in the h￿dI1￿￿ ora fi in th¢ I￿￿dry room WLd th¢ s•fe &Thl elric1￿1 tNTrV4ywi of oll widenL8 4nd tLW•y from th¢ sow¢¢ of the fJr¢ Tr fire bri8tyJ¢ offiMr in ¢hor8¢ of the in¢iknt praiwl the wxitrmk elTi¢l¢n￿ with th¢ wl1ol¢ siwwion v48 handl¢d. The qua]ity and exi¢ni of Klivits*S for our residents corttsn￿ io be hi8h and 5ev*rni reBiden15 And their familie8 hive thankcA for we provide. Pa8e 2 FINANCIAL REVIEW deficit of £65.999 for the ye4r comp￿ed with a defjcit of £28.359 for the previous ye4r. th• Tn*t¢<* regard 4$ w th"¢venrt)¢ th¢ prt55Ute5 OFCo￿ld.I9. The contsnuatiLm ofthe pandemic r￿InC￿on$ and the cautioLS appr¢>xh of the Quaker House Managen￿t 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 ho￿ver, the public per¢¢ptton d mryth"a coveTa8e gave nursin8lresidentid hom&8 a coutionaTr approach re5ultin8 in new &)quiries being $om¢th he$1￿1 during the year whi¢h h&8 d¢aA)' On ¢ffe¢t ort out finan¢iJl p¢rfotTrT*C during 2021. PT¢panng a bL¥J8et foT the y¢4r hh¢&l proved ¢h8]I￿￿9 however. w¢ It*tntaincd a sc4L%iblc l¢veJ of fee Incr￿¢ in the hope that matters would nol worserL Governmtnt gmts tffovId￿ softy fmanciai tssistsn¢¢ while ow i￿¢T¢4$¢d r¢spii¢ ¢4re numtws proved importarti in ow overall ￿￿0M￿*t. Our Enco￿ d￿re&s￿ by 7.8% (2020 incre￿￿ by I1.5tIA) wthJ"Ist eXp￿ditUre decre&*J by 4.8%12020 Ir￿r￿e￿ by 1.3Vo . Iktch 5howJ the Cautt￿ary 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 r￿e1Ved 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)mp￿d 71W*l 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' ¢sti￿ted txpcndilure on planned nwntCn￿ce and improvrnts. 'Frce c•5h" Ga5h ex¢ldin8 rcptr%•lin8 ￿Sidents, deposits #t¥J atrnwts rd￿1￿¥ to rc%thc*d ￿￿5 are iniended kn be than iwrlwe nM)ndL8 fnmn the Imisrtt sheet date. Thi's reqwrenrnt is equiv￿etrt to £736.IKM) (2020.. £775.IMX>I. HowEver, the c￿CUl￿￿ '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 f￿￿tion Èn the n￿1 12 months whiisl li rebuilds its (xCL￿GnCY 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 W￿￿e 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)rnp￿Y 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 d￿lsIonS and day.to4lay nwenKnl lo the Re8iSteTd Mwer. th¢ Managcr and other $enior rttmbets of $thff. Th¢ BoArd has iw) Comnui*¢s' Fin4Th¢¢ and Fa¢ilits¢s Mjnwm￿I Dun"n8 2021 there bdwe¢n thre¢ And six Tfttyie￿ with a wd¢ r￿￿¥¢ of prof¢ssionfyt b¥k8fO￿ds. There i8 8 forn￿7 process for re£ruitsng new Tn￿￿5. This inddes art inf0m￿t rKdinB th¢ ¢•j￿Id* &tW￿ed lry the Chw'r. another trus*e and inviknng the cthndida¢c a Board Nrcbn8 p3 ob5eryw Nrw of docurM•lation mcct wth the ChwT ofth¢ Bowd, th¢ Ch&r5 <>fth¢ Commll￿. th¢ Bw8in¢ss Mww8¢r Jnd th¢ liw'sier Mants8er. Thty are is$￿1 wth a job dwcnptsor) tmd a board t￿￿ber hmdb(rfJk. TnLsiees r¢tir¢ by rowion ￿ ¢i¢ry. ￿'rd Unnu￿ ￿vIeW meelin8 but 51and io be r￿el￿ted. However, they mty yerv¢ no ny)re thAn thr•e conu8￿)￿$ 3*ear 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 e4ttfirn￿l the Annuthl R¢vi¢w Me44in812020.. Non¢l. li is a rtywremEnt TnJthes ￿1v# trninin8 on variow i88￿9 Ind￿￿108 d¢M￿U8 and fwdr8i$in8. Th¢ risks th¢ Chon'ty rAc¢s are Teviewd wtnujlly. have b•t* ￿￿bIl$l￿d ￿ miuBat¢ them. We cond￿1 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 Tr￿le M REthL*5 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 A￿AitOrS Com¢rws H0￿C 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)￿y1￿w) ar¢ responsib for preparing thc Report of the T￿e¢S and the f]nanci￿ stakments in accordancc with applicable law and United ￿"ngdoM At¢oth)tmg Sts￿d￿r& (Ut)it¢d Kin8dom Cthexoily A¢t¢pta A¢¢ountsng P￿ie￿>. 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 ￿¢0￿n8 r¢sourtrs #nd opplJ¢41tit¢5 ar¢ r¢As(mAbl¢ and Pr￿1￿1. prcparc thc finav¢iaJ $tht<¥twii$ on th¢ goi￿9 ¢on¢¢m b&sJ$ li is inappropriate ￿ prestsme that th¢ charitable COTnp8nv wryll conbnue in busiDtsS. The are rtsrA)rtsible for keepin8 proper accountsn8 record5 wthieh dI￿105e wryth walth￿bI¢ attu*w ai tstxe th¢ finartcJaJ positirm of the chantsble company and io enable them to en5we that thc financi￿ s¢at¢rnits COTTyly wryth th¢ Cowies Ad 21K￿. Thty thre reswible for ssfe¥uarding the &8seL8 of the chan'table con¥any ht￿¢t for tskin8 reason￿le steps for the prevryrfion hJ)d da¢aion of fra￿ and oth¢r Irre8￿3T￿lle8. In so far a5 the Inthe5 Ort &iw¢". thexe is no relewznt a￿lIt infonrnti¢M of NIMch thc thawitabSc coryw's awjitors imaiwar¢" md the tnthe5 have tsk¢n ail thps that thry ou8hi io have to th¢rt*¢lve6 MW4r¢ of Any r¢l¢vont a￿￿1 thforttwion d ￿ ¢5tabhsh th¢ aw¥J¢ of infomwtion. Internal controls OVCT forwts Orco￿TritMCDt and expcndilurc continuc5 ￿ bc refined io Jmprovc ¢ificicnq. PTOCCS5¢5 are in pla￿ lo ensure that wforrnDncc is mnitored and aPPTopnale managcrnent inforTrwtion j5 prq)aTe(l and regu[￿Y reiiewed ty both the executsie managern¢nt and the Tr￿Sttts. Th¢ sy5ten* of itti¢rnal controls are de$l￿d io Pfovid¢ r￿Onable but noi absolu* &83Lnnce a￿TL￿1 material mis-siaternenl or105s. Thry Incl￿A& . Strat¢8Jc Pla￿ and Ixws approvd b>. the TnJ5*es; . Regulw coBsidu&b"oD by thc Trugtccs of financial Te5uIts. vuriancu from ncffi.finan17al wfonrmnce indicator5 ba)chtTthiD8 review6. - Dele￿Ion of day-t¢￿ tjwemenl authority and seBregalion of d￿les. and - Identification and mwwemenl of risks. Page 5 AUDITOLS Th¢ Awb"tOTS. To*m & Fort8( will be propos￿1 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 cory￿1¢5 Ad 21M rdats'n8 to smatl ¢'ear end 31 Dx¢mb¢r 2021 *knch comprise the Statetwl of Finfin¢i￿ A¢tivities. th¢ Sthot)v)t of Finan¢ial PO￿11￿[ the Sw¢mmi of C&sh Flows rLo¢e8 io the finmcid $th￿Ments. including & of sibmificant P￿o￿lIn8 policie*. Tho fitw)ciol r¢poninB (ramemork that hos beaj applied in their preparAtson is opplic4ble law and Unit•J KLn8dom ACCo￿tsn9 StsTKIEr (Unii¢d Kin8dom Generally Accepted Ac¢ountin8 Practice) In ow opini(m the finBnciDI stsleTrnnts'. ve a tn￿ and fwr view of the stale of the chan"table COMp￿y'$ affwT5 as ￿ 31 Decembw 2021 And of 115 ineomtng resourc45 &nd applic￿lort of re6(4w¢e8. in¢ludt'n8 its in¢on¥ and ¢xpwdiliir¢. for th¢ y¢gr end￿. v¢ PrO￿lY pr¢pvoJ in xcordance with Untted knnBdom c￿ner￿1} AccepteA Accourtin8 Pr￿lry aThl hAve ple￿r￿1 in WTts)e¢ with the wuir¢rwts ofthe CompaNes Act 2(KK>. Bwi8 for opinion W¢ cond￿(&￿ our audit in accordonce with Intern￿10￿￿1 Standard5 on Auditiny (UK) IISAS (UK)) appli¢nble law. Ow Spo￿lbIli￿eS under th(%8e ithndords are further describ￿1 in the A￿jItOrs, re5POnBibilit1•5 foT the awjil of thc finhth¢i S¢atom*ts ￿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 a￿kn.1 of the finDThciol statemmts in the UK. Inc1￿J1n8 thc FRC'S Ethical s￿dthrd, aThJ ￿ hav¢ ruifilla ow oth¢r regrM)nsibilities In lleCOTdance with these rtyulreTr￿ts. We believe that the ll￿11 ¢VidllectsvelJ. rny Ga¥t Si￿lf1¢an1 doubl on th¢ thAriwble ¢ompany'8 obiljty to conlinue a8 a 8oin8 Co￿¢M for p¢nod ofat leA￿t iwrlve n￿nthS from wthcn the financial 5th¢em￿lS we authori$ed for issue. Our respon8ibilitieq snd the TeKprywikn'litsw of the with to Boin8 c&Mc•m are d¢￿'bed in the relev•nt se¢tsons ofthLS report Other infonnAtIo Th¢ IT￿lee5 Lre re5p(¥ksible for the other irtfomwuon. Th¢ other Infom￿110Th compnses the informDlion inc1￿1¢d in the AnnLd Report. other the finanLyal statements our Report of th¢ Ind¢pwd¢ni A￿110￿ thereL￿. Our opinion on the finDncid do¢a ¢ov¢r th¢ oth¢r iftforn)ation excw to the extenl Otherwi￿ ￿￿1¢ItlY St￿ed In our report. do Th)t expr¢85 aTry rom of tssw&n¢¢ ¢on¢lusion ther￿)ft. In connection wryth OUT wy]ii of the finAn¢ial statements, OUT r¢5pofL8ibility 15 lo reod the other infomw¢ith and. ir) doin8 W. consider *thether the other infornwlion 15 r[￿l¢nAllY Inconsiitortt th¢ finon¢iol s1oi¢m￿ts or OUT knowledge obtal'ned in the outh't or otherwse ￿p￿S to be mTrtffjully Miss￿¢￿ If we idmtsfy 9￿h mowioi lnconsi8ieiicies OT opparenl rnatenal nW68lAIem￿ts. Are rw4wred to drfomrt¢ th¢ther this ￿¥¢4 riso ￿ a mthrial m1861Btemgol in the financi￿ 8taterwits th￿￿¢[¥¢5. If. bwed on the work *e hnve perfornwj, we eonclude thLI there ts a rnaknal rni5ststemuii of th1"5 oth¢r information. ￿ are rt4uJrnJ to report that facl. W¢ hi¥c noth"n8 to I¢PDn in tkn"$ r¢wd. Opinions on other matters prtttribed by the CompanieJ Att 21 In out opiniw. b￿ed on the work ￿dertaken in the course of the &udiL'. th¢ informaiion 8iven in the Report of the T[￿￿tee$ for the financial year for mlu.th th¢ are pr¢pwAI i¥ COASiSltiii with the finwKial slatenxnts. and th¢ RqM)rt of the Tnts￿￿￿ ho8 beem preparnl in acc(ffdartt wqth applicable leBHI rcqwmntnts. PB8e 7 M*tten ort whitb we are requiThl to report by t￿epli0￿ In th¢ light of the k￿￿edge Imd Lmderstanthng orth¢ d)sritsble company *Jd its 4yivAf4ThJment obtaujed m the ￿￿$¢ of the 'I have not idcntifityj matenal mis51atemEThts irt the Report of the Tn]stso&. We have nothin8 to r¢wFn Én re5ffi of the follo￿1￿8 m&tters wthere the cot)w￿l&4 Act 2(K)6 re￿rt lo you if. In our opnirn. adtt4UQt¢ A¢COW)tsng Twords h4V¢ tw be￿ kept or Teturns ad¢quate for ow a￿lit have tx)i be• receivd fr¢)m branth not visiid by us. or the financial are not in a8rccmtrkl with the xeounting rctords and rett￿￿. or cerlain di5¢1￿￿eS o(trusÈew' rrynther*ion spttlft￿ ty law w¢ m•Je'. or we hayc noi rettived ail the inf(Krn*i¢)n m)d explanatson5 r￿Vir¢ for ow a￿"( or the truste¢5 Kr¢ not entitl￿ to take adiw?th8e of the stjuil ¢ompani¢s exemplion fiom th¢ rqthrement to P￿part str￿e81¢ Rep)rt or in preparing the R¢port of the Tr￿stee$. As expl￿ned TM)re fully in the Statsmtht of Tnthees, kesponsibiliiies. the tnLStws {wkn ￿ 8160 the di[￿lOr5 of the ekn¢abl¢ conwarry for the pww$es of aMnpaTry law) w¢ r¢s[m)￿b]e for the prcpfjrats￿ of the 5tsrt<¥wts •)d for being Swisfied they give A true rffld fair viem.. and for s￿ inlemai control the irLL8tees ddermin¢ 15 w¢ssary to enable the pr¢pwthion of financiHI 5t*me*L8 thEt Bre fre¢ fTQrn m*riaJ misst&tcmrnL th¢th¢r d￿ kn fra￿ or ¢rTOr. In prepann8 the fin8nct8J stakments, the trthte¢s are re%rM)rLsible for asstsstn8 the chantable CoMp￿Y'S ability to continu¢ as • goin8 th"%losin& &8 appliLxbl¢, matters r¢laÈd to 8OLng concem and ￿lAS thc goin8 con¢em b￿'S of xcouThtsn le55 the either 11tte￿] to liqwd* the dwi"tsble or to cea8e opuaknon4 or h•ve no reaiists'c al￿r￿￿1￿C do so. Our respwtiibllities for the audil of firt*ncl￿ st**ments Our obJcctsv¢s are to obtw"n reasonable ￿SuranCe wl)eth¢r the fm8ncial sWemth)ts 4$ 4 *thole are Iree from wi¢ri mtsstatcmmL wkntth￿ due to frawl OT tytor. and to is9￿ a RewTrrt tsf the Inde[a￿t A￿"￿￿5 our Re￿)nable is 4 ￿'sh level of wuratt￿ is not & s￿￿ntee an autht W[￿U(led in a¢cordanr* ISAS (UK) wryll alway5 de￿ a mthrial Miss￿le￿¥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 fir￿cial S￿¢m￿LS Irregulariti¢S. lllclthling Fra￿j. 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 (rn￿1. The exi¢m to wthith our procethres of dete￿1￿8 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 e￿tity d¢¢em￿ned 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 MBT1Q8en￿t and those dw8ed wqth 8OWtrngnee As part of our fra￿( ¢JLS¢USSiOnS we d￿cUSsed wts¢uLAr oreas we bdi¢V￿ to b¢ $￿Ceptible to Misstatem￿1. Also durin8 ow paid particuiat to lookn"n8 for rtjata pfity transacti¢M4 h¢)w¢r th¢r¢ no relatsj pw trans2ai0￿ in thhs eniity. A furfher d¢s¢ripti'on of our rcspon$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 Inde￿d￿l A￿JitO￿. Pa8e 8 Ux of our rtpèrt This re￿rt is mNlc soldy to the d￿j.￿ble ¢ory•rfs menkn. ts • btyty. in aCWrd￿ TAryth 3 of P￿ 16 of C.ompwsi¢8 Ad 2(X)6. Our work both $0 mithi the d￿l￿ble eonyany'6 Thxrnbors thoR• matters K 4r¢ wuirnj to io thun in ￿ awkntots. reKwt and for no othcr pwpos¢. To the fullut rth¥tt pmttyj by Irdw.. 7A* do not xcept or r¢sportsibility' to ¢)thu than the dwi"table compary and the chan"table ¢onwatry'8 memkn a4 & body. for our a￿"t for thi$ r¢N)ry OT for the opirri(w hav¢ forn*d. Z4ra DLrt8ler FCA (Sayor s￿￿ory A￿￿"torI for and m bthalf of Towi & Fory¥i CharterrAJ A¢¢ountsnts & StaknJ￿ry A￿111 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 fi￿dI 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 h￿d 517.678 534.(K)2 CREDrroRS Anx)wts f￿1￿8 *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 ￿d￿n5 31.12.21 31.12.20 Nole5 C•th fllnvi fr•m opermtiry *¢liviti¢• C&%h yen¢sa￿d 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 C￿h Ilow$ froth inv•Jting •tlivili PurCh￿C oft•n￿ble 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 N*1 exp￿di￿ for th¢ rtportmii pffi•d (*• pw IbÈ St•teTh*•f •f A¢livitiw) Adjuitnxnts for. tkpr¢CI￿IoTr Ch￿8¢$ 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¢n￿yJC¢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 b￿k 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 l￿d R¢public of Ireland IFRS 1021 l¢fr￿ll￿t l January 2QlS1', Financia] R¢ponin8 S¢ondard 11)2 The Fir￿Ki￿ Reponin8 SthndLrd applicoble in the UK ond Rq)ublic of Irelond, the CompAnJ 21X)6. The fin0￿141st*t•rnvTrts prepared ￿ler th¢ histon¢41 toÉi coE)venuon and in wjth the ￿cO￿tIng ￿licieS set below. The fu)wKiAI sthtemenL8 have beèn prepthl irt s*rlin8 which L8 the fUT￿l0￿￿ ¢urr¢ncy of the ¢han'ty. Ineon All inc(pW is Teco8nised in th¢ Stht¢n*nt of FIn￿¢1)i Acuviiie5 once the chArity h4¥ ￿tille￿￿t to the funds. il ts probabje that the will b¢ rvxived and the ar￿)￿¢ b¢ ￿LAblY. I￿￿tic￿5. Donwions are aCco￿t￿j for u they re￿ived. ix8acieg. Pe¢wiwy1¢8aci¢5 Jr¢ for ￿ they aT¢ r¢c¢1v￿. R¢siduary le8&ies aCCo￿*d for ￿ the d￿e of entitlem¢ni. LAKai Authority Fe•5 Ar¢ a¢¢0￿1¢￿ for al the dth the invoiL* 18 in wrd¥Lce with the 41nd PT¢vwlin8 ￿th the I￿al authwity. Invesimml in¢ome ig account￿ for on¢* th¢ in¢om¢ ha8 CTrJl￿d io the bank a¢¢owi. Granl Irt¢0￿ Is ￿C011n1ed for in approprith that motd￿S wth the ￿pendi1￿C toward8 which il ij In¢aeAI to c￿tribU￿. Cnnts for flnanci￿ $upport or to cover G¢>sts incwreA ore rec08m￿d 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 $oon Al th¢r¢ is a legal OT conJthKbv¢ obli8ouon ¢ommittin8 the ch￿lty to ¢Xp￿di1￿e. it is probablc that A ¢ransf¢r of e¢onomic benefils wryll b¢ r+Xtuira in satlem￿l and the arnO￿t of the obli8alion cart be reliably. Expmdiliwe Is o¢¢owtsd for an accnds bA9i5 and has be¢rt ¢[￿lfi¢d under he4¥Jin85 that 4yrwi¢ dl c￿1 rel*ed ￿ the ¢￿t8￿ry. Wh¢r¢ ¢ost$ ¢annot be dIr￿1]Y HIInbu￿xl to p&rti¢ular h￿￿"n￿$ they have ￿ dlocAt¢d w a¢ts'vttiw w a b3819 CLmSiSttnl th¢ w¢ of T¢gour￿l. Rea￿Ad*￿tY terniinAtion paymtrtts T¢mknrt4ti0n payrMnL8 art Plryoblc ¢mploYm￿L i$ terminEtul befom th¢ norn￿ rdir¢nwi or •m ¢T￿loYee volw¢tsry TeAl￿d￿ in 4¥th4nye for these Th¢ chanty retOyllJ5e& ierminoticrfi paymtnts 14lLtn il i5 de￿n5￿￿blY ¢otnnrriii¢d ￿ either lil ler￿￿naung th¢ erryloyrt*ni of ¢urreni en¥loyees a¢¢ordinB to & detwl4yl formal plan ￿thout pos$ibility of wthdrowd or lil) providin8 terminati￿ ￿tfItS as a result Of￿ oiTer mode io encouTa8¢ volurtthry r¢d￿￿Sn¢y. Tw#ibk fix•d *uets D¢pr¢¢iaiion i8 ryovided ￿ the followryn8 an￿￿￿ rn¢s ift order io wrile off exh &q8el over its rStsM￿#j us¢fd lif¢ or, ifh¢ld a ffftance lea4¢ over the I￿¢ Le￿ thdw¢r is the shorter. Fred￿[d Prop¢rty Fixtures and Fittinas Long Life A55¢ts Fire Preventson Equiprt 2% on cosi 10% 5trtii8￿ lim 5Yo on cosl IO% cosl Pa8¢ 14 ACCOUNTINC POLICILS- eontinued Conwuier Equip￿*￿1 . 20% on u)si Stoekl Stock5 are vAlu¢d at the lower of ¢thi and net r¢olisable va]ue. after mAkin8 allowanee for obsolrte Slow iyx)witl8 Item8. Tats¢i•tt Th¢ ¢han'ty is from Cory￿1(￿ on its chan'tabic #aivLtio. Fund atcountitt# Unrestricted fmds ¢8n k wed in accordanc¢ with th¢ dwitable obJ&tives at th¢ th'scraion of the tr￿le£s. R¢&tyiekd r￿d8 ¢an 4)nly bt for p8rticul￿ re8th¢td purw withi'n the of the dwity. Restrictions 8ri$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¢l￿1¢d in th¢ nolts to the finmGial s¢at¢twts. Provision8 and atCTw•Is Prosi$ions are rcco8nJ5a kn there is a preseni lcgal or constn￿tiYe obligatson ￿ a r¢suli of p&8t events 8nd the )wil c4n be Fdiably ¢stsmthl. Provisions are not rwisd (or fuhre ¢w&ts"n8 losses. Trade d¢btors TTad¢ debtors are c8rri￿ ￿ oDwaJ invoice Onu)￿1 less ¢S¢im•te for dou￿rui debtors. B8d d¢bts we writt off when identified Specifjc provisions are ry*d¢ debL8 whose recovery i$ ¢onsidereA doubffi￿. The cotnpwry OPera￿S a defIn￿ conthbution pujsion sCheTh￿. COntriin￿'ons payable to the Ch￿.￿ble ¢omp8m s pa￿10￿ schL*ll¢ ar¢ 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¢l￿ed 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¥ss*s Deprecialion. a¥6¢ts oft hire purt*￿se wxl fin*K¢ 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 b21 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 D￿nber 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 deb￿18 Othe¥ debiors Prep￿r￿liS 2C),.$18 746 6.010 27.474 1.197 2.256 33,274 311.4127 Pa8e Ig 14. CREDITOKS: AMOUNTS FALLING DUE WtrHIN ONE YEAR 31.12.21 31.1120 Finance lea8es (see no* 16) Trade crnjjiors Social Se¢￿ty and otlv w¢s (Xher Credito Pe￿i(x) F￿d defiat Def¢trtd itKO 1.701 22.767 27.147 74.093 8.205 1,820 68,745 1.701 16.118 31,314 63.896 8.366 68.059 204,478 197,420 15. CREDITOKS: AMOUNTS FAiIING DUE AFTS R MORE TIIAN ONE YEAR 31_12.21 31.1120 FinwJ¢¢ leasts (5¢¢ note 16) Prnsiffi Fwd deficit 1548 33.470 25.244 26.091 36,018 i& LEASING AGREEMENTS MimrTrTh le￿ paymats ￿der finantt lexes f211 as follo*s". 31.1121 31.12.20 Grosg oblJBau¢xts rerAyabl¢". Withjn cffle l'ear Betw¢w ￿¢ and fiv¢ yea 2,122 1122 3.180 3.182 5.302 FITkgnce char8e5 repayable.. Within ￿e ￿ear 421 213 421 632 634 .053 Nct obli8ation5 rerAyable.' Within one )'e8r BeNW) on¢ knj fiv¢ yew5 1,701 847 .701 1548 4.249 Pa8e 20 J7. MOVEMENT IN FUNDS At 31 12.21 Ai l 1.21 it) r￿d9 Genernl fLnd 2.387.324 165.9()9) 2.321,325 T(YfAL FUIYDS 2.387.324 (65,YWI 2.321.325 ￿Vem￿l in r￿d5. Includ￿ in the al*)ve are followJ.' In￿min¥ R¢sour¢¢s Movem￿1 in fund$ Um*Ys¢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) Comp*nJtivtt for m0vell￿¢ in fwmli Net Tr￿¥¢m￿l in r￿d$ Ai 1.1.20 31.12.2Q UttrtJtrie￿ fund• C*neral 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 eXp￿d¢d Movemetti fund5 Umw¢ri¢ted fuod¥ nernl r￿d 1.343,224 11.371.5%3) (28.3591 TOTAL FUNDS 1.343,224 11.371,583) (28.3591 Pa8e21 18. RELATED PARTY DISCLOSURES 19. PENSION FUND DEFICIT The Charity. srbj its employee5 to c(Y￿ribUte kn The Pa￿10￿5 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)￿"r￿8 revis￿ ￿ £6.921.67 pa I￿rea81n8 at 3% pa and were extendgj ￿ sept￿ts 2025. Proilsi￿ ha¥ beem n￿le fLY the defic4t Ca￿1b￿.0n5 p&yable at the balwKe shttt Sincc Scpt¢Tts 21m all ¢(￿trIE￿n8 aDpkryec5 d￿￿ed to Thc Paoiorts Tn￿1 Plm Suie5 4. a definul ethtrlb￿IlM CL￿￿8￿1 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 wal￿￿On 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 ￿.$ atw￿1 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 Charit*bk •¢¢lvili¢• GrJkrtL8 70,230 91.269 1238.4 1.343.224 EXPF,NDITIIR£ Ch*rit•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$won¢¢ Ral&s and water Residenls emIer￿nn% TrnJnin8 Cleanin8 Gard￿ C*pu￿￿￿ MwntenwKe D4)r￿l*l¢)n of t￿ible fixd atse ss on sale of *ble fixeAI Y1¢2 5.834 ,5110 814¥% I,2￿.893 1.267.924 Other R¢Tht￿ Ofequrpn￿I Carrid for%Trwd 9.535 9,535 8,431 Thls p•8t does fonn p&n rjf th¢ fitt￿181 St&em￿ts P•8¢ 23 31.12.21 31.12.20 Otller Bro￿ fonwd L&tsin8 9.535 421 8.431 421 9.956 8.¥52 Support ewts Other Prof¢ssioMI fe<8 T¢l¢phone Posts8¢ and Sw)dri¢s ReBistralton fe 53.975 49.730 5.291 5.627 8.802 1.442 %.781 (3.08fi1 5.151 7.795 Adv¢rts$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