This charity does not have a Registered Company Number
The Charity Registration Number is :- 1160563
_**The Glyn Nest Baptist Home**_
_**Report and Accounts**_
_**31 December 2020**_
_**Cross & Bowen Chartered Accountants 11 Calvert Terrace Swansea SA1 6AT**_
**The Glyn Nest Baptist Home Report and accounts**
## **Contents**
||**Page**|
|---|---|
|**Charity information**|1|
|**Trustees' Annual Report**|1|
|**Statement of Trustees' responsibilities**|6|
|**Independent Examiners' Report**|7|
|**_Funds Statements:-_**||
|Statement of Financial Activities|8|
|Statement of total recognised gains and losses|9|
|Movements in funds|9|
|Revaluation reserves|9|
|Revenue Funds|9|
|Fixed Asset funds|9|
|Income and Expenditure account|9|
|Summary of funds|9|
|**Balance sheet**|10|
|**Notes to the accounts**|11|
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
TheTrustees present their Report and Accounts for the year ended 31 December 2020.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is :-The Glyn Nest Baptist Home
## _**The charity's areas of operation and UK charitable registration.**_
The charity is registered in England & Wales with charity number 1160563
## _**Legal structure of the charity**_
The Governing Document is dated 19 May 1992
The Trustee is The Welsh Baptist Union Corporation Limited (Charity number: 248192)
## _**The principal operating address, telephone number and email and web addresses of the charity are:-**_
Newcastle Emlyn Carmarthenshire SA38 9BW Telephone 01239 710950 Email Address info@glynnest.co.uk Web address www.glynnest.co.uk
## **The Trustees in office on the date the report was approved were:-**
The Welsh Baptist Union Corporation Limited
## **The Trustees in office during the year were:-**
The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
## **Corporate Trustees in office on the date the report was approved were:-**
Included in the trustees shown above are corporate trustees, and the names of the directors and name of the body corporate concerned on the date the accounts were approved were:-
1
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
Names of Directors of The Welsh Baptist Union Corporation Limited
The directors of corporate trustees who served in the reporting period were as shown below.
Rev. P.M. Thomas Mr. H.B. Tribe Rev. I.C. Roberts Rev. D.M. Owen Mr. F.H. Maull Mr. L. John Mr. W. Davies Rev. Judith A. Morris Mr. Glyndwr S. Prideaux Mr. David Evans Rev. I.E. Jones Rev. Susan J. Phillips Miss Aldytrh Williams
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
The trustees shall stand possessed of the property and all funds and other assets presently held by them for or in connection with the said home together with any accretions thereto and income therefrom and all property for the time being representing the same (hereinafter called 'the trust fund') upon trust to pay or apply the same (without distinction between capital and income) to the charitable work of the Welsh Baptist denomination for the relief of the aged and the relief of the infirm and without prejudice to the generality of the foregoing the establishment and maintenance of residential or other accommodation of any kind and any amenities to be enjoyed in connection or association therewith for the relief of aged and/or infirm persons in need thereof in such form and upon such terms and conditions as the trustees shall from time to time determine until such time as the assemblies shall jointly or if meeting separately shall both otherwise by identical resolution determine and thereafter for such purposes in connection with the promotion of the charitable objects of the union as the assemblies shall jointly or if meeting separately shall both by resolution direct.
## _**The main activities undertaken in relation to those purposes during the year.**_
The advancement of health or saving of lives through the provision of accomodation and housing, religious activities and recreation to the elderly and people with disabilities.
## _**The main activities undertaken during the year to further the charity's purpose for the public benefit.**_
2
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
Glyn Nest is able to provide accommodation and care for up to 28 residents, one of these places is a respite bed for short stays. The home does not accept new residents who require bed care, but if the health of the residents deteriorates they are cared for at the home unless a hospital stay is necessary on medical grounds. The residents are also required to move if they fall outside the registration guidelines stipulated by the Registration Unit of the Local Authorities.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## _**The charity's strategies for achieving its aims and objectives in the future.**_
It is the intention of the committee to keep the home in a good state of repair, internal decoration and furnishing. Because the home is in a Conservation Area there are constraints on alterations which would otherwise be preferable and which make it more difficult and expensive to carry out repairs. It is believed that finance available is more than sufficient to pay for all known repairs. It is the intention of the management to carry out a rolling programme of replacement of furniture and equipment as deemed necessary.
## **The main achievements and performance of the charity during the year.**
The Home faced a challenging year due to the global Coronvirus pandemic and the Management wish to thank all staff for their contribution during this difficult period. The Management continue to monitor the pay structure to encourage future recruitment. The Home makes a special effort to find employment for disabled people. A fully integrated policy of employment training is given to staff and the QCF programme has been adopted. The majority of staff are very loyal and hardworking. This has been demonstrated in staff appraisals, by the voluntary giving of time by staff to fund raising activities and by the reports received from inspectors, visitors and residents.
Staff are encouraged to follow QCF courses and good progress is being made in raising the already good standard of staff competence. There is a good relationship with Coleg Ceredigion and with the Shaw Trust.
Fees to individual residents are closely monitored in accordance with Social Services recommended rates. Income from residents increased by £48,164. Costs continue to be stringently controlled.
3
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
## _**The charity's organisational structure.**_
On 19th September 2006 the management and administration of the Home was taken over by a company formed specifically for this purpose, namely Glyn Nest Trustee Company Limited, a company limited by guarantee. The directors of this company are:
Mrs. Bronwen Letitia Davies, Mr. Glyndwr S. Prideaux, The Revd Richard Gareth Morris, The Revd Irfon Caradog Roberts, The Revd Judith A. Morris, Dr. Caroline Margaret Jean Williams, Mrs Mary Elizabeth Roberts, Mrs. Gillian Davies, Mr. John D. Thomas, Mrs. Julie Thorpe (appointed 16th September 2020) and Mr. Hefin Parry Roberts (resigned 10th June 2020).
The Company Secretary is Mrs. Bronwen Letitia Davies.
Bankers National Westminster Bank PLC Solicitors Messrs Pothecary Witham Weld Accountants Cross & Bowen
## **Financial review**
## _**The charity's financial position at the end of the year ended 31 December 2020**_
The financial position of the charity at 31 December 2020 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Total Funds**
Unrestricted Revenue Funds available for the
general purposes of the charity
Net income/(expenditure)|**2020**
**£**
33,157
1,839,764
1,839,764|**2019**
**£**
(34,907)
1,806,607
1,806,607|
|---|---|---|
## _**Financial review of the position at the reporting date, 31 December 2020 .**_
The trustees consider the financial performance by the charity during the year to have been satisfactory, especially given the ongoing challenges of the global Coronavirus pandemic.
Specific changes in fixed assets are detailed in the notes to the accounts.
4
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
## _**Policies on reserves.**_
It is the charity's policy to hold unrestricted reserves at a level sufficient enough to enable the efficient running of the Home for the foreseeable future.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Employment of disabled persons**
The Home makes a special effort to find employment for disabled people.
## **Details of The Independent Examiner**
Cross & Bowen Chartered Accountants 11 Calvert Terrace Swansea SA1 6AT
5
## **The Glyn Nest Baptist Home**
## **Trustees' Annual Report for the year ended 31 December 2020**
## **Statement of Trustees' Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
- departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
TheTrustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the charity legislation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the auditor in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
## **This report was approved by the board of trustees on 7 September 2021.**
## **Revd. Judith A. Morris**
Trustee
6
## **The Glyn Nest Baptist Home**
## _**Independent examiner’s report to the Trustees of The Glyn Nest Baptist Home**_
We report on the accounts of the Trust for the year ended 31st December 2020, which are set out on pages 8 to 21.
## _**Respective responsibilities of trustees and examiner**_
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
. examine the accounts under section 145 of the 2011 Act;
- . to follow the procedures laid down in the General Directions given by the Charity Commission under
- ___section 145(5)(b) of the 2011 Act; and
- . to state whether particular matters have come to our attention.
## _**Basis of independent examiner's report**_
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in
## _**Independent examiner's statement**_
In connection with my examination, no matter has come to our attention:
- 1 which gives me reasonable cause to believe that, in any material respect, the requirements:
. to keep accounting records in accordance with section 130 of the 2011 Act; and
. to prepare accounts which accord with the accounting records and to comply with the accounting ____requirements of the 2011 Act have not been met;
or
- 2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the ___accounts to be reached.
Cross & Bowen Chartered Accountants 11 Calvert Terrace Swansea SA1 6AT
8th September 2021
7
## **The Glyn Nest Baptist Home - Statement of Financial Activities for the year ended 31 December 2020**
## **Statement of Financial Activities for the year ended 31 December 2020**
|**SORP**
**Ref**
**Income & Endowments**
Donations & Legacies
**A1**
Income from charitable activities
**A2**
Income from other, non charitable, trading activities
**A3**
Investment income
**A4**
Other income
**A5**
**Total income**
**A**
**Expenditure**
Expenditure on charitable activities
**B2**
**Total expenditure**
**B**
**Net income/(expenditure) for the year**
**A-B**
**Net income after transfers**
**A-B-C**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**|**Current year**
Unrestricted
Funds
**2020**
**£**
56,634
784,958
1,976
958
781
845,307
812,150
812,150
33,157
33,157
33,157
1,806,607
1,839,764|**Current year**
Restricted
Funds
**2020**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Current year**
**Total Funds**
**2020**
**£**
**56,634**
**784,958**
**1,976**
**958**
**781**
845,307
**812,150**
812,150
**33,157**
33,157
33,157
**1,806,607**
1,839,764|**Prior Year**
**Total Funds**
**2019**
**£**
32,415
736,794
10,635
2,066
3,447
785,357
820,264
820,264
(34,907)
(34,907)
(34,907)
1,841,514
1,806,607|
|---|---|---|---|---|
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
**The Glyn Nest Baptist Home - Resources applied in the year ended 31 December 2020 towards fixed assets for Charity use:-**
|Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
**Net resources available to fund charitable activities**|**2020**
**£**
33,157
(49,290)
(16,133)|**2019**
**£**
(34,907)
(22,756)
(57,663)|
|---|---|---|
8
## **The notes attached on pages 11 to 21 form an integral part of these accounts. The Glyn Nest Baptist Home**
## **Movements in revenue and capital funds for the year ended 31 December 2020**
## **Revenue accumulated funds**
|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2020**
**2020**
**£**
**£**
Accumulated funds brought forward
1,806,607
-
33,157
-
**Closing revenue funds**
1,839,764
-
**Summary of funds**
**Unrestricted**
**Restricted**
**Funfs**
**Funds**
**2020**
**2020**
**£**
**£**
Revenue accumulated funds
1,839,764
-
**Income**
Income from operations
Interest receivable
Other operating income
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**Expenditure**
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Governance costs
Realised losses on disposals of social investments which are programme related
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**All activities derive from continuing operations**
**The notes attached on pages 11 to 21 form an integral part of these accounts.**
**Income and Expenditure Account for the year ended 31 December 2020 as required by**
**2006**
**Net income after tax in the financial year**
**Net income before tax in the financial year**
**_Investment income_**
Recognised gains and losses before transfers|**Total**
**Last year**
**Funds**
**Total Funds**
**2020**
**2019**
**£**
**£**
1,806,607
1,841,514
33,157
(34,907)
1,839,764
1,806,607
**Total**
**Last Year**
**Funds**
**Total Funds**
**2020**
**2019**
**£**
**£**
**1,839,764**
1,806,607
**2020**
**2019**
**£**
**£**
843,568
779,844
958
2,066
781
3,447
845,307
785,357
**845,307**
**785,357**
**790,775**
**798,067**
**17,595**
**17,877**
**3,780**
**4,320**
-
-
812,150
820,264
33,157
(34,907)
-
-
**33,157**
**(34,907)**
33,157
(34,907)
**the Companies Act**|
|---|---|
9
## **The Glyn Nest Baptist Home**
## **Balance Sheet as at 31 December 2016**
|**Notes SORP**
**Ref**
**Fixed assets**
A
Tangible assets
8 A2
**Current assets**
B
Stocks
B1
Debtors
9 B2
Cash at bank and in hand
B4
**Creditors: amounts falling due within**
**one year**
10 C1
**Net current assets**
**The total net assets of the charity**
**Restricted funds**
Unrestricted Revenue Funds
13 D3
**Total charity funds**
**The total net assets of the charity are funded by the**
**Net assets**|**2020**
**2019**
**£**
**£**
1,370,658
1,338,963
4,600
4,600
9,129
7,759
487,730
476,522
501,459
488,881
(32,353)
(21,237)
469,106
467,644
**1,839,764**
**1,806,607**
1,839,764
1,806,607
1,839,764
1,806,607
**1,839,764**
**1,806,607**
**funds of the charity, as follows:-**|
|---|---|
## **Total charity funds**
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to audit under charity legislation, and the report of the Charities Act auditor is on page 7.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
**Revd. Judith A. Morris** Trustee **Approved by the board of trustees on 7 September 2021**
**The notes attached on pages 11 to 21 form an integral part of these accounts.**
10
**The Glyn Nest Baptist Home**
## **Notes to the Accounts for the year ended 31 December 2020**
## **1 Accounting policies**
## **Policies relating to the production of the accounts.**
## _**Basis of preparation and accounting convention**_
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) ,effective January 2016, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Policies relating to categories of income and income recognition.**
## _**Nature of income**_
## _**Income from legacies**_
Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.
## _**Donated goods, facilities and services**_
_**Donated fixed assets**_ are recognised at there current market value.All such donations are recognised as donation income, and debited to fixed assets.
## **Policies relating to expenditure on goods and services provided to the charity.**
## _**Recognition of liabilities and expenditure**_
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## _**Allocating costs to activities**_
Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.
The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-
_**Staffing**_ - on the basis of time spent in connection with any particular activity. _**Staffing**_ - on a per capita basis, based on the number of of people employed within any partiular activity.
_**Premises related costs**_ - on the proportion of floor area occupied by a particular activity.
_**Non specific support costs**_ - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures
11
## **The Glyn Nest Baptist Home Notes to the Accounts for the year ended 31 December 2020**
## _**Volunteers**_
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
## **Policies relating to assets, liabilities and provisions and other matters.**
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Freehold premises 0 % straight line Plant and machinery 15 % reducing balance
## _**Stocks and work in progress**_
Stock is valued at the lower of cost and net realisable value.
## _**Debtors**_
Debtors are measured at their recoverable amounts at the balance sheet date.
## _**Workplace Pension**_
The company operates a workplace pension. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
## **2 Liability to taxation**
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Net surplus before tax in the financial year**
|Depreciation of owned fixed assets
Pension costs
**_The net surplus before tax in the financial year is stated after charging:-_**|**2020**
**£**
17,595
8,450|**2019**
**£**
17,877
7,395|
|---|---|---|
12
**The Glyn Nest Baptist Home Notes to the Accounts for the year ended 31 December 2020**
## **5 Staff costs and emoluments**
|**_Salary costs_**
Gross Salaries excluding trustees
Employer's National Insurance
**Total salaries, wages and related costs**
**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was
Employer's operating costs of workplace pension|**2020**
**£**
549,789
36,284
8,450
594,523
**2020**
34|**2019**
**£**
526,078
31,936
7,395
565,409
**2019**
34|
|---|---|---|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **6 Workplace pension**
The charity operates a workplace pension scheme, the costs of which are shown above.
## **7 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
## **8 Tangible fixed assets**
|**Cost**
At 1 January 2020
Additions
**At 31 December 2020**
**Depreciation**
At 1 January 2020
Charge for the year
**At 31 December 2020**
**Net book value**
At 31 December 2020
At 31 December 2019|**Land and**
**Buildings**
**£**
1,226,745
30,568
1,257,313
-
-
-
1,257,313
1,226,745|**Plant &**
**Machinery**
**£**
506,431
6,222
512,653
394,213
17,335
411,548
101,105
112,218|**Motor**
**Vehicles**
**£**
-
12,500
12,500
-
260
260
12,240
-|**Total**
**£**
**1,733,176**
**49,290**
1,782,466
**394,213**
**17,595**
411,808
1,370,658
1,338,963|
|---|---|---|---|---|
13
## **The Glyn Nest Baptist Home**
## **Notes to the Accounts for the year ended 31 December 2020**
## **9 Debtors**
|Prepayments and accrued income
Other debtors
**10**
**Creditors: amounts falling due within one year**
Trade creditors
Accruals
PAYE, NIC VAT and other taxes
Other creditors
**11**
**Income and Expenditure account summary**
**At 1 January 2020**
Surplus/(loss) after tax for the year
**At 31 December 2020**|**2020**
**£**
8,829
300
9,129
**2020**
**£**
14,316
5,037
10,504
2,496
32,353
**2020**
**£**
1,806,607
33,157
1,839,764|**2019**
**£**
7,759
-
7,759
**2019**
**£**
9,711
9,259
-
2,267
21,237
**2019**
**£**
1,841,514
(34,907)
1,806,607|
|---|---|---|
## **12 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 December 2020**
Tangible Fixed Assets
Investments at valuation:-
Current Assets
Current Liabilities
**At 1 January 2020**
Tangible Fixed Assets
Investments at valuation:-
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
**1,370,658**
**-**
**501,459**
**(32,353)**
1,839,764
**Unrestricted**
**funds**
**£**
**1,338,963**
**-**
**488,881**
**(21,237)**
1,806,607|**Designated**
**funds**
**£**
**-**
**-**
**-**
-
**Designated**
**funds**
**£**
**-**
**-**
**-**
-|**Restricted**
**funds**
**£**
**-**
**-**
**-**
-
**Restricted**
**funds**
**£**
**-**
**-**
**-**
-|**Total**
**Funds**
**£**
**1,370,658**
**501,459**
**(32,353)**
1,839,764
**Total**
**Funds**
**£**
**1,338,963**
**488,881**
**(21,237)**
1,806,607|
|---|---|---|---|---|
14
## **The Glyn Nest Baptist Home**
## **Notes to the Accounts for the year ended 31 December 2020**
## **13 Change in total funds over the year as shown in Note 12 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted revenue funds
**Total unrestricted and designated funds**
**Total charity funds**|**£**
1,806,607
1,806,607
1,806,607
**Funds brought**
**forward from**
**2019**|**£**
33,157
33,157
33,157
**Movement in**
**funds in 2020**|**£**
**-**
-
-
**Transfers**
**between**
**funds in 2020**|**£**
**1,839,764**
1,839,764
1,839,764
**Funds carried**
**forward to**
**2021**|
|---|---|---|---|---|
- **14 Analysis of movements in funds over the year as shown in Note 13**
|**_Unrestricted and designated funds:-_**
Unrestricted revenue funds|**Income**
**2020**
**£**
**845,307**
845,307|**Expenditure**
**2020**
**£**
**(812,150)**
(812,150)|**Other**
**Gains &**
**Losses**
**2020**
**£**
**-**
-|**Movement**
**in funds**
**2020**
**£**
**33,157**
33,157|
|---|---|---|---|---|
- **15 The purposes for which the funds as detailed in note 13 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
Unrestricted revenue funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
15
## **The Glyn Nest Baptist Home**
## **Detailed analysis of income and expenditure for the year ended 31 December 2020 as required by the SORP 2015**
_**This analysis is classsified by conventional nominal descriptions and not by activity.**_
## **16 Donations and Legacies**
|**Donations and gifts from individuals**
**Legacies receivable**
**Revenue grants from government and public bodies**
**Total Donations and Legacies**
**A1**
**17 Income from charitable activities - Trading Activities**
**Primary purpose and ancillary trading**
**_Total public sector revenue grants_**
David Lloyd deceased
Gwen Parry deceased
Council grant re COVID
**_Total legacies receivable_**
**_Total donations and gifts from individuals_**
Small donations individually less than £1000
Residential care fees
**_Total Primary purpose and ancillary trading_**|**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
13,808
13,808
20,326
5,000
25,326
17,500
17,500
56,634
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
784,958
784,958|**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-
-
-
-
-
-
-
**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-|**Current year**
**Total Funds**
**2020**
**£**
**13,808**
13,808
**20,326**
**5,000**
25,326
**17,500**
17,500
56,634
**Current year**
**Total Funds**
**2020**
**£**
**784,958**
784,958|**Prior Year**
**Total Funds**
**2019**
**£**
12,089
12,089
20,326
-
20,326
-
-
32,415
**Prior Year**
**Total Funds**
**2019**
**£**
736,794
736,794|
|---|---|---|---|---|
**18 Total Income from charitable activities**
|Total income from charitable trading
**_Total from charitable activities_**
**A2**|**Current year**
**Unrestricted**
**Funds**
**£**
**2020**
784,958
784,958|**Current year**
**Restricted**
**Funds**
**£**
**2020**
-
-|**Current year**
**Total Funds**
**£**
**2020**
**784,958**
784,958|**Prior Year**
**Total Funds**
**£**
**2019**
736,794
736,794|
|---|---|---|---|---|
16
## **The Glyn Nest Baptist Home**
## **Detailed analysis of income and expenditure for the year ended 31 December 2020 as required by the SORP 2015**
## **19 Income from other, non charitable, trading activities**
|**A3**
**20 Investment income**
Bank Interest Receivable
**_Total investment income_**
**A4**
**21 Other income and gains**
**Summary of Other income**
**A5**
**22 Expenditure on charitable activities - Direct spending**
Gross wages and salaries - charitable activities
**_Total from other activities_**
Sundry other income
**_Total other income_**
Employers' NI - Charitable activities
Income from fundraising events
Defined contribution pension costs - charitable activities
Staff training
Telephone
Heating and lighting
Rates and water
Food and cleaning|**2020**
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
1,976
1,976
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
958
958
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
781
781
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
549,789
36,284
8,450
3,739
6,121
2,179
44,237
24,642|**2020**
**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-
**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-
**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-
**Current year**
**Restricted**
**Funds**
**2020**
**£**
-
-
-
-
-
-
-
-|**2020**
**Current year**
**Total Funds**
**2020**
**£**
**1,976**
1,976
**Current year**
**Total Funds**
**2020**
**£**
**958**
958
**Current year**
**Total Funds**
**2020**
**£**
**-**
**781**
781
**Current year**
**Total Funds**
**2020**
**£**
**549,789**
**36,284**
**8,450**
**3,739**
**6,121**
**2,179**
**44,237**
**24,642**|**2019**
**Prior Year**
**Total Funds**
**2019**
**£**
10,635
10,635
**Prior Year**
**Total Funds**
**2019**
**£**
2,066
2,066
**Prior Year**
**Total Funds**
**2019**
**£**
3,447
3,447
**Prior Year**
**Total Funds**
**2019**
**£**
526,078
31,936
7,395
5,447
4,432
3,370
36,873
24,136|
|---|---|---|---|---|
17
## **The Glyn Nest Baptist Home**
## **Detailed analysis of income and expenditure for the year ended 31 December 2020 as required by the SORP 2015**
|31,615
-
379
-
8,388
-
29,001
-
**_Total direct spending_**
**B2a**
744,824
-
**23**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2020**
**2020**
**£**
**£**
**_Employee costs not included in direct costs_**
3,264
-
400
-
**_Volunteer costs_**
-
-
**_Premises Expenses_**
680
-
2,738
-
3,221
-
932
-
**_Administrative overheads_**
242
-
5,753
-
12,444
-
2,000
-
4,529
-
**_Professional fees paid to advisors other than the auditor or examiner_**
9,052
-
**_Financial costs_**
696
-
17,595
-
**Support costs before reallocation**
**63,546**
**-**
**Total support costs**
63,546
-
The basis of allocation of costs between activities is described under accounting policies
Sundry expenses
Admin fees
BUW - financial support
Other legal and professional
Training and welfare - staff
Bank charges
Depreciation & Amortisation in total for the period
Rates and water charges
Property insurance
Premises repairs, renewals and
Repairs and renewals
Light heat and power
Stationery and printing
Telephone, fax and internet
Recruitment expenses
**Support costs for charitable activities**
Volunteers' expenses
Insurance
Household and medical expenses
Sundries|**31,615**
**379**
**8,388**
**29,001**
744,824
**Current year**
**Total Funds**
**2020**
**£**
**3,264**
**400**
**-**
**680**
**2,738**
**3,221**
**932**
**242**
**5,753**
**12,444**
**2,000**
**4,529**
**9,052**
**-**
**-**
**696**
**17,595**
**63,546**
63,546|23,790
352
9,101
56,514
729,424
**Prior Year**
**Total Funds**
**2019**
**£**
12,176
-
2,039
493
2,681
6,279
1,011
374
12,567
15,351
2,000
3,202
9,748
722
17,877
**86,520**
86,520|
|---|---|---|
18
## **The Glyn Nest Baptist Home**
## **Detailed analysis of income and expenditure for the year ended 31 December 2020 as required by the SORP 2015**
## **24 Other Expenditure - Governance costs**
|Independent Examiner's fees
**25 Total Charitable expenditure**
Total direct spending
**B2a**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total charitable expenditure**
**B2**|**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
3,780
**Current year**
**Unrestricted**
**Funds**
**2020**
**£**
744,824
63,546
3,780
812,150|**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2020**
**2020**
**2019**
**£**
**£**
**£**
-
**3,780**
4,320
**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2020**
**2020**
**2019**
**£**
**£**
**£**
-
**744,824**
729,424
-
**63,546**
86,520
-
**3,780**
4,320
-
812,150
820,264|
|---|---|---|
19
## **The Glyn Nest Baptist Home**
## **Activity analysis of Income and expenditure for the for the year ended 31 December 2020**
_**This analysis is classsified by activity and not by conventional nominal descriptions.**_
|**26 Analysis of income by activity**
**SOFA ref**
Residential Care Services
**A2**
Fundraising activities
**A3**
**_Summary of Total Income, including the items above_**
Charitable activities
**A2**
Other activities
**A3**
Donations & Legacies
**A1**
Investment income
**A4**
Other income
**A5**
**Total income as shown in the SOFA**
**A**
**_Categories of income_**
Income from non exchange transactions
Income from exchange transactions
**27 Analysis of charitable expenditure by activity**
**Direct costs**
**2020**
**£**
**_Residential Care Services_**
Direct costs
744,824
Employee costs not included in direct costs
-
Volunteer costs
-
Premises expenses
-
Administrative overheads
-
Professional fees
-
Financial costs
-
**744,824**
**_Income from other, non charitable, trading activities_**
**Activity**
**Total Income from other, non charitable,**
**trading activities**
**_Income from charitable activities_**
**Total Income from charitable activities**
**Activity**
**Total Residential Care Services**|**2020**
**£**
**Support costs**
**2020**
**£**
-
3,664
-
7,571
24,968
9,052
18,291
**63,546**|**2020**
**£**
784,958
784,958
1,976
**1,976**
784,958
1,976
56,634
958
781
845,307
-
845,307
845,307
**Grant**
**funding of**
**activities**
**2020**
**£**
-
-
-
-
-
-
-
**-**|**2019**
**£**
**Total**
**2020**
**£**
**744,824**
**3,664**
**-**
**7,571**
**24,968**
**9,052**
**18,291**
**808,370**|**2019**
**£**
736,794
736,794
10,635
**10,635**
736,794
10,635
32,415
2,066
3,447
785,357
-
785,357
785,357
**Total**
**2019**
**£**
662,945
1,607
4,614
11,087
30,239
4,122
17,766
**732,380**|
|---|---|---|---|---|
20
## **The Glyn Nest Baptist Home**
## **Activity analysis of Income and expenditure for the for the year ended 31 December 2020**
## **Summary of charitable costs by activity**
|Total Residential Care Services
**Total charitable expenditure**
**Total Governance costs as detailed in Note**
**24**|Direct costs
**2020**
**£**
744,824
**744,824**|Support costs
**2020**
**£**
63,546
3,780
**67,326**|Grant funding
of activities
**2020**
**£**
-
**-**|Total
**2020**
**£**
**808,370**
**3,780**
**812,150**|Total
**2019**
**£**
732,380
4,320
**736,700**|
|---|---|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 25
## **28 Analysis of non charitable expenditure by activity**
|**Activity**
**_Fundraising activities_**
**_Governance costs_**
Other Expenditure - Governance costs as detailed in Note 24|**Fundraising**
**activities**
**2020**
**£**
**Governance**
**costs**
**2020**
**£**
3,780|**Fundraising**
**activities**
**2019**
**£**
**Governance**
**costs**
**2019**
**£**
4,320|
|---|---|---|
21