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 2021
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 2021
TheTrustees present their Report and Accounts for the year ended 31 December 2021.
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 2021
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 Aldyth 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 2021
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.
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The Glyn Nest Baptist Home
Trustees' Annual Report for the year ended 31 December 2021
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 (resigned 30th March 2021), 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 (deceased 12th June 2022) and Mrs. Julie Thorpe.
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 2021
The financial position of the charity at 31 December 2021 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 |
2021 £ 9,620 1,849,384 1,849,384 |
2020 £ 33,157 1,839,764 1,839,764 |
|---|---|---|
Financial review of the position at the reporting date, 31 December 2021 .
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.
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The Glyn Nest Baptist Home
Trustees' Annual Report for the year ended 31 December 2021
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
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The Glyn Nest Baptist Home
Trustees' Annual Report for the year ended 31 December 2021
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 June 2022.
Revd. Judith A. Morris
Trustee
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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 2021, 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
10 June 2022
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The Glyn Nest Baptist Home - Statement of Financial Activities for the year ended 31 December 2021
Statement of Financial Activities for the year ended 31 December 2021
| 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 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 2021 £ 166,891 710,232 - 54 621 877,798 868,178 868,178 9,620 9,620 9,620 1,839,764 1,849,384 |
Current year Restricted Funds 2021 £ - - - - - - - - - - - - - |
Current year Total Funds 2021 £ 166,891 710,232 - 54 621 877,798 868,178 868,178 9,620 9,620 9,620 1,839,764 1,849,384 |
Prior 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 |
|---|---|---|---|---|
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 2021 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 |
2021 £ 9,620 (16,403) (6,783) |
2020 £ 33,157 (49,290) (16,133) |
|---|---|---|
8
The notes attached on pages 11 to 22 form an integral part of these accounts. The Glyn Nest Baptist Home
Movements in revenue and capital funds for the year ended 31 December 2021
Revenue accumulated funds
| Unrestricted Restricted Funds Funds 2021 2021 £ £ Accumulated funds brought forward 1,839,764 - 9,620 - Closing revenue funds 1,849,384 - Summary of funds Unrestricted Restricted Funfs Funds 2021 2021 £ £ Revenue accumulated funds 1,849,384 - 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 22 form an integral part of these accounts. Recognised gains and losses before transfers Net income before tax in the financial year Investment income Income and Expenditure Account for the year ended 31 December 2021 as required by 2006 Net income after tax in the financial year |
Total Last year Funds Total Funds 2021 2020 £ £ 1,839,764 1,806,607 9,620 33,157 1,849,384 1,839,764 Total Last Year Funds Total Funds 2021 2020 £ £ 1,849,384 1,839,764 2021 2020 £ £ 877,123 843,568 54 958 621 781 877,798 845,307 877,798 845,307 844,965 790,775 18,882 17,595 4,331 3,780 - - 868,178 812,150 9,620 33,157 - - 9,620 33,157 9,620 33,157 the Companies Act |
|---|---|
9
The Glyn Nest Baptist Home Balance Sheet as at 31 December 2016
| Notes SORP Ref Fixed assets A Tangible assets 9 A2 Current assets B Stocks B1 Debtors 10 B2 Cash at bank and in hand B4 Creditors: amounts falling due within one year 11 C1 Net current assets The total net assets of the charity Restricted funds Unrestricted Revenue Funds 14 D3 Total charity funds The total net assets of the charity are funded by the Net assets |
2021 2020 £ £ 1,368,179 1,370,658 4,600 4,600 29,970 9,129 474,804 487,730 509,374 501,459 (28,169) (32,353) 481,205 469,106 1,849,384 1,839,764 1,849,384 1,839,764 1,849,384 1,839,764 1,849,384 1,839,764 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 June 2022
The notes attached on pages 11 to 22 form an integral part of these accounts.
10
The Glyn Nest Baptist Home
Notes to the Accounts for the year ended 31 December 2021
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 2021
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:- |
2021 £ 18,882 9,049 |
2020 £ 17,595 8,450 |
|---|---|---|
12
The Glyn Nest Baptist Home Notes to the Accounts for the year ended 31 December 2021
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 |
2021 £ 612,440 39,029 9,049 660,518 2021 32 |
2020 £ 549,789 36,284 8,450 594,523 2020 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 Trustees' expenses
The expenses reimbursed to trustees, or paid directly to third parties, in the current or prior year, was as shown below.
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| The amount reimbursed to trustees | 401 | - |
The nature of the trustees' expenses was travelling expenses.
13
The Glyn Nest Baptist Home Notes to the Accounts for the year ended 31 December 2021
9 Tangible fixed assets
| Cost At 1 January 2021 Additions At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 10 Debtors Trade debtors Prepayments and accrued income Other debtors 11 Creditors: amounts falling due within one year Trade creditors Accruals PAYE, NIC VAT and other taxes Other creditors 12 Income and Expenditure account summary At 1 January 2021 Surplus after tax for the year At 31 December 2021 |
Land and Buildings £ 1,257,313 9,988 1,267,301 - - - 1,267,301 1,257,313 |
Plant & Machinery £ 512,653 6,415 519,068 411,548 15,826 427,374 91,694 101,105 |
Motor Vehicles £ 12,500 - 12,500 260 3,056 3,316 9,184 12,240 2021 £ 18,914 10,756 300 29,970 2021 £ 7,519 4,614 12,348 3,688 28,169 2021 £ 1,839,764 9,620 1,849,384 |
Total £ 1,782,466 16,403 1,798,869 411,808 18,882 430,690 1,368,179 1,370,658 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 |
|---|---|---|---|---|
14
The Glyn Nest Baptist Home
Notes to the Accounts for the year ended 31 December 2021
13 Particulars of how particular funds are represented by assets and liabilities
| At 31 December 2021 Tangible Fixed Assets Investments at valuation:- Current Assets Current Liabilities At 1 January 2021 Tangible Fixed Assets Investments at valuation:- Current Assets Current Liabilities |
Unrestricted funds £ 1,368,179 - 509,374 (28,169) 1,849,384 Unrestricted funds £ 1,370,658 - 501,459 (32,353) 1,839,764 |
Designated funds £ - - - - Designated funds £ - - - - |
Restricted funds £ - - - - Restricted funds £ - - - - |
Total Funds £ 1,368,179 509,374 (28,169) 1,849,384 Total Funds £ 1,370,658 501,459 (32,353) 1,839,764 |
|---|---|---|---|---|
14 Change in total funds over the year as shown in Note 13 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted revenue funds Total unrestricted and designated funds Total charity funds |
£ 1,839,764 1,839,764 1,839,764 Funds brought forward from 2020 |
£ 9,620 9,620 9,620 Movement in funds in 2021 |
£ - - - Transfers between funds in 2021 |
£ 1,849,384 1,849,384 1,849,384 Funds carried forward to 2022 |
|---|---|---|---|---|
15 Analysis of movements in funds over the year as shown in Note 14
| Unrestricted and designated funds:- Unrestricted revenue funds |
Income 2021 £ 877,798 877,798 |
Expenditure 2021 £ (868,178) (868,178) |
Other Gains & Losses 2021 £ - - |
Movement in funds 2021 £ 9,620 9,620 |
|---|---|---|---|---|
15
The Glyn Nest Baptist Home Notes to the Accounts for the year ended 31 December 2021
- 16 The purposes for which the funds as detailed in note 14 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.
16
The Glyn Nest Baptist Home
Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
17 Donations and Legacies
| Donations and gifts from individuals Legacies receivable Revenue grants from government and public bodies Total Donations and Legacies A1 Total donations and gifts from individuals Bethlehem, Cemaes, Sir Fon League of Friends, Awel Deg Llandyssul Small donations individually less than £1000 Council grant re COVID Total legacies receivable Total public sector revenue grants David Lloyd deceased Gwen Parry deceased |
Current year Unrestricted Funds 2021 £ 16,573 5,000 3,623 25,196 - - - 141,695 141,695 166,891 |
Current year Restricted Funds 2021 £ - - - - - - - - - - |
Current year Total Funds 2021 £ 16,573 5,000 3,623 25,196 - - - 141,695 141,695 166,891 |
Prior Year Total Funds 2020 £ 13,808 - - 13,808 20,326 5,000 25,326 17,500 17,500 56,634 |
|---|---|---|---|---|
18 Income from charitable activities - Trading Activities
| Primary purpose and ancillary trading Total Primary purpose and ancillary trading Residential care fees |
Current year Unrestricted Funds 2021 £ 710,232 710,232 |
Current year Restricted Funds 2021 £ - - |
Current year Total Funds 2021 £ 710,232 710,232 |
Prior Year Total Funds 2020 £ 784,958 784,958 |
|---|---|---|---|---|
19 Total Income from charitable activities
| Total income from charitable trading Total from charitable activities A2 |
Current year Unrestricted Funds £ 2021 710,232 710,232 |
Current year Restricted Funds £ 2021 - - |
Current year Total Funds £ 2021 710,232 710,232 |
Prior Year Total Funds £ 2020 784,958 784,958 |
|---|---|---|---|---|
17
The Glyn Nest Baptist Home
Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015
20 Income from other, non charitable, trading activities
| A3 21 Investment income Bank Interest Receivable Total investment income A4 22 Other income and gains Summary of Other income A5 23 Expenditure on charitable activities - Direct spending Total direct spending B2a Insurance Telephone Heating and lighting Household and medical expenses Sundries Rates and water Food and cleaning Total other income Employers' NI - Charitable activities Income from fundraising events Defined contribution pension costs - charitable activities Staff training Temporary Staff - Charitable Activities Repairs and renewals Total from other activities Sundry other income Gross wages and salaries - charitable activities |
2021 Current year Unrestricted Funds 2021 £ - - Current year Unrestricted Funds 2021 £ 54 54 Current year Unrestricted Funds 2021 £ 621 621 Current year Unrestricted Funds 2021 £ 571,340 39,029 9,049 41,100 1,153 5,712 2,745 37,665 24,249 23,276 404 9,427 25,585 790,734 |
2021 Current year Restricted Funds 2021 £ - - Current year Restricted Funds 2021 £ - - Current year Restricted Funds 2021 £ - - Current year Restricted Funds 2021 £ - - - - - - - - - - - - - - |
2021 Current year Total Funds 2021 £ - - Current year Total Funds 2021 £ 54 54 Current year Total Funds 2021 £ - 621 621 Current year Total Funds 2021 £ 571,340 39,029 9,049 41,100 1,153 5,712 2,745 37,665 24,249 23,276 404 9,427 25,585 790,734 |
2020 Prior Year Total Funds 2020 £ 1,976 1,976 Prior Year Total Funds 2020 £ 958 958 Prior Year Total Funds 2020 £ 781 781 Prior Year Total Funds 2020 £ 549,789 36,284 8,450 - 3,739 6,121 2,179 44,237 24,642 31,615 379 8,388 29,001 744,824 |
|---|---|---|---|---|
18
The Glyn Nest Baptist Home
Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015
24 Support costs for charitable activities
| Current year Current year Unrestricted Funds Restricted Funds 2021 2021 £ £ Employee costs not included in direct costs 9,812 - - - Premises Expenses 634 - 2,694 - 2,843 - 1,048 - Administrative overheads 305 - 5,546 - 12,531 - 2,000 - 5,489 - Professional fees paid to advisors other than the auditor or examiner 10,561 - Financial costs 768 - 18,882 - Support costs before reallocation 73,113 - Total support costs 73,113 - The basis of allocation of costs between activities is described under accounting policies Recruitment expenses Light heat and power Stationery and printing Telephone, fax and internet Bank charges Depreciation & Amortisation in total for the period Rates and water charges Property insurance Premises repairs, renewals and Training and welfare - staff Sundry expenses Admin fees BUW - financial support Other legal and professional |
Current year Total Funds 2021 £ 9,812 - 634 2,694 2,843 1,048 305 5,546 12,531 2,000 5,489 10,561 - - 768 18,882 73,113 73,113 |
Prior 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 |
|---|---|---|
19
The Glyn Nest Baptist Home
Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015
25 Other Expenditure - Governance costs
| Current year | Current year | Current year | Prior Year | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Independent Examiner's fees | 3,930 | - | 3,930 | 3,780 | |
| Trustees' expenses | 401 | - | 401 | - | |
| Total Governance costs | 4,331 | - | 4,331 | 3,780 | |
| **26 ** | Total Charitable expenditure |
| Total Charitable expenditure | ||
|---|---|---|
| Total direct spending | B2a | Current year Current year Current year Prior Year Unrestricted Funds Restricted Funds Total Funds Total Funds 2021 2021 2021 2020 £ £ £ £ 790,734 - 790,734 744,824 |
| Total support costs | B2d | 73,113 - 73,113 63,546 |
| Total Governance costs | B2e | 4,331 - 4,331 3,780 |
| Total charitable expenditure | B2 | 868,178 - 868,178 812,150 |
20
The Glyn Nest Baptist Home
Activity analysis of Income and expenditure for the for the year ended 31 December 2021
This analysis is classsified by activity and not by conventional nominal descriptions.
| 27 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 28 Analysis of charitable expenditure by activity Direct costs 2021 £ Residential Care Services Direct costs 790,734 Employee costs not included in direct costs - Volunteer costs - Premises expenses - Administrative overheads - Professional fees - Financial costs - 790,734 Activity Total Residential Care Services Income from charitable activities Total Income from charitable activities Income from other, non charitable, trading activities Activity Total Income from other, non charitable, trading activities |
2021 £ Support costs 2021 £ - 9,812 - 7,219 25,871 10,561 19,650 73,113 |
2021 £ 710,232 710,232 - - 710,232 - 166,891 54 621 877,798 - 877,798 877,798 Grant funding of activities 2021 £ - - - - - - - - |
2020 £ Total 2021 £ 790,734 9,812 - 7,219 25,871 10,561 19,650 863,847 |
2020 £ 784,958 784,958 1,976 1,976 784,958 1,976 56,634 958 781 845,307 - 845,307 845,307 Total 2020 £ 662,945 1,607 4,614 11,087 30,239 4,122 17,766 732,380 |
|---|---|---|---|---|
21
The Glyn Nest Baptist Home
Activity analysis of Income and expenditure for the for the year ended 31 December 2021
Summary of charitable costs by activity
| Total Residential Care Services Total Governance costs as detailed in Note 25 Total charitable expenditure |
Direct costs 2021 £ 790,734 790,734 |
Support costs 2021 £ 73,113 4,331 77,444 |
Grant funding of activities 2021 £ - - |
Total 2021 £ 863,847 4,331 868,178 |
Total 2020 £ 732,380 3,780 736,160 |
|---|---|---|---|---|---|
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 26
29 Analysis of non charitable expenditure by activity
| Activity Fundraising activities Governance costs Other Expenditure - Governance costs as detailed in Note 25 |
Fundraising activities 2021 £ Governance costs 2021 £ 4,331 |
Fundraising activities 2020 £ Governance costs 2020 £ 3,780 |
|---|---|---|
22