2023-03-31-accounts - The Lodge Trust CIO

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		~Pa eNo
Report o(lhe Trustees		1-14
Independent Auditors	Report	15-18
Statement ofFinancial	Activiltes	19
Balance Sheet		20
Statement ofCash Flows		21
Notes lo lhe Accounts		22-38

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	Notes	2023		2022
FIXEDASSETS
Tangible assets			3,085,250		3085,071
CURRENTASSETS
Stock		11,163		12,064
Debtors and prepayments	12	103,179		131,273
Bank and cash balances		1 272712		1 259,709
		1,387,054		1,403,046
LIABILITIES:
Creditors: Amounis faling due within one year
Accounts payabte		43,754		16,409
Fees paid kt advance		23,090		36,039
Amount due to HM Revenue 8Customs		27,721		38,372
Other creditors		13,416
Accruais		37288		25 740
		145269		116,560
NET CURRENT ASSETS			1,241,785		1,286,486
TOTAL ASSETSLESSCURRENT LIABILITIES			4,327.035		4,371,557
TOTAL NETASSETS		84327,035			64,371557
THE FUNDS OF THE CHARITy
RESTRICTED FUNDS
PIP Fund	13		68,442		85,871
Sociat Fund	13		531		1230
Capital Protects Fund	13		79,050		75,424
UNRESTRICTED DESIGNATED FUNDS
Capital Proiecls Fund	13		3,498,448		3,512,216
Revenue Housing Fund	13		593,625		611.676
Products Trading Fund	13		86,939		85.140
		64,327,035			84,371,557
Approved by Ihe Trustees on .~(TI....~.. and signed on		their behalf by
DJKindred (Chairman)
Trustee
	The notes on pages 21 lo 38form parlofthese		accounts
	20

				Note	2023	2022
Net cash generated in operating activities				16	101,986	398.833
Cash flows from investing	activities:
Inlerestincome					10,108	3,466
Purchase oftangible fixed	assets				(103,891)	(105,619)
Proceeds on sale oftangible gxed assets					4,800
Net cash used in investing	activities				(88,983)	(102,153)
Net cash generated from operating and investing			activities		13,003	296,680
Net increase in cash and cash equivalents		in the	year		13,003	296,680
Cash and cash equivalents	brought forward				1,259,709	963,029
Cash and cash equivalents	carried forward				E1,272,712	61,259,709

Main BuiNings	Grounds		2'/o reducing	balance on	bufdlngs	bufdlngs	(Land not
			depreciated)
Bungalow &Cottage			2'/o reducing	balance
Meeting Hall			2'%%d reducing	balance
Workshop &Other Oulbutktings			4'%%dofcosl
Garden House			2'/v reducing	balance
Motor Vehicles			25'/ri reducing	balance
Equipment &Fittings			25'/o reducing	balance
Country Park			I 0'/o reducing	balance
Flats			2'/o reducing	balance
The Stables			2'%%d reducing	balance
Products Slack
Fisxshed and unfinished	Producls stock are valued at cost price.
Bank and Cash
Cash at the bank and	in hand	is held	to meet short-lerm cash commitmenls		as	they	fall due. Reserves
higher Ihan usual due	to them	being	built up for future expenditure in anlicipaiion			of	ihe expansion	lo a
second site.

				2023	2022
Care staff and administrative		salaries		1,282.183	1,193,012
Nl Contributions				'l10,554	88,374
Pension Conlribufions				55,329	48,678
				f1,448,066	61,330,064
Average headcount	ofemployees			61
Average number of	full-lime	equivalent	employees	48	50

	2023	2023	2023		2022	2022	2022
	Capital	Capital	Social		Capital	Capital	Social
	Projects	Projects	Fund		Projecis	Projects	Fund
	Unresbicted	Restricted	Restricted	2023	Unn.stricted	Restricted	Resvicled		2022
	Fund	Fund	Fund	Total	Fund	Fund	Fund		Total
Donations	41.143	6255	930	48,328	60,046	1,100	250		61.396
Legacies					850	-	.		850
	641,143	66255	E930	648,328	660,896	E1,100	6250	662,246

		2023	2023		2022	2022
		Products	Capital		Products	Capital
		Trading	Projects		Trading	Projects
		Unrestricted	Unrestricted	2023	Unrestricted	Unrestricted	2022
		Fund	Fund	Total	Fund	Fund	Total
Trading Income
Cafe		711		711
Cabins		20,071		20,071	27,918		27,918
Caravans	&camping	9,022		9,022	13,592		13,592
Vehicle checks		2,160		2,160	2,160		2,160
Ground income		1,292		1,292	1,500		1,500
Product sales		3,160		3,180	1,708		1,708
Insurance	proceeds				5,000		5,000
Events		47		47
		636,483		636,483	E51,878	-	651,878

				2023				2022
				Revenue				Revenue
				Housing				Housing
			Unrestricted		2023		Unreslricted			2022
				Fund	Total			Fund		Total
Salaries				160,304	160,304		120,046		120,046
Administration	costs			408	408			373		373
Audit fees				7,500	7,500			7,223		7,223
Accounting fees				19,670	19,670			8,370		8,370
Trustee meeting		fees		731	731
			El88,613		6188,613		6136,012		6136,012
DEPRECIATION
		2023	2023			2022	2022
		Capital	Capital	2023		Capital	Capital	2022
		Projects	Projects	PIP		Projects	Projects	PIP
	Unrestricted		Resincted	Reslricted	2023	Unrestdcted	Restricted	Restricted		2022
		Fund	Fund	Fund	Toial	Fund	Fund	Fund		Total
Depreciation		96,009	1,804	3,984	101,797	92,712	2,009	4,476		99,197
Profdftoss on
sale ofassets		(2,000)		(885)	E(2,885)
		694,009	61,804	63,099	698,912	692,712	62,009	64,476	Egg,t97

			2023	2023		2022	2022
			Revenue	Capital		Revenue	Capital
			Housing	Proiects		Housing	Projects
	Unreshicled				2023	Unrestricted		2022
			Fund	Funds	Total	Fund	Funds	Toial
Food			59,448		59,448	49,930		49,930
Energy &water			73,828		73,828	57,702		57,702
Council tax			10,439		10,439	6.549		6,549
Household			14,850		14,850	8,844		8,844
Insurance			35,850		35,850	17,103		17,103
Repairs &renewah			71927	570	72,497	73,646		73,646
Faciilies &estates staff
salaries			114,318		114,318	85,481		85,481
Home costs			1,789		1.789	1,630		1,630
Protective clothing			790		790	838		838
Staff training &other costs			16,765		16,765	10,086		10fI86
Training staff salaries			20,136		20,136	14,715		14,715
Redundancy costs						7,200		7,200
Telephone 8 internet costs			4,655		4,655	5.309		5309
Bank charges			121		126	3'!I		311
Registration fee			4,270		4270	4,270		4,270
Postage, stationery &
computing			26969		26,969	16,957		16,957
Miscellaneous			4,588		4588	3,185		3,185
Agency &olher	staff costs		57,941		57941	17,757		17.757
Volunteers fees	8 expense	s	18,399		18,399	8.762		8,762
Health & safety			4,418		4,418	12.035		12,035
ACINllles			329		329	665		665
Pensen costs			55329		55,329	48,678		48,678
Staff recruitmenl	fees		1,705		1,705	1,567		1,567
			E596,864	6575	E599,439	E453,220	E-	E453,220

			2023	2023		2022	2022
			Products	Products		Products	Products
			Trading	Trading		Trading	Trading
		Restricted		Unrestricted	2023	Restricled	Unrestricted	2022
			Fund	Fund	Total	Fund	Fund	Total
Country Park
Marketing				2,358	2,358
Administration				824	824		4,254	4,254
Utilities				12,196	12,196		11,058	11,058
Household				825	825		2,358	2,358
Wortdpay	&other bank	charges		2,160	2,160
Food 8 drink purchases				3,702	3,702		5	5
Cabins &	caravans			180	180		958	958
Staff Salades & NIC							2,437	2,437
Repairs 8	maintenance			7,584	7,584		11,141	11,141
Grounds &garden expenses			255	1,081	1,336		938	938
Products	expenses			3,774	3,774		(311)	(311)
			6255	834,684	634,939	6-	632.838	632,838

			2023		2022
			PIP		PIP
			Restricted	2023	Restricted	2022
			Fund	Total	Fund	Total
Other	vehicle	costs	23,117	23,117	14,325	14,325
			623,117	823,117	614,325	814,325

			2023		2022
			Social		Social
			Fund		Fund
			Restncted	2023	ResIricted	2022
			Fund	Total	Fund	Total
Social	fund	presents	1,629	1,629	1,136	1,136
			61.629	61,629	61,136	61,136

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							2023	2022
Fees outstanding						56,394		121,101
Income tax recoverabte							5,695	8,367
Olherdebtors							5,767
Prepaymenls	&accrued	income				35,323		1,805
						EI03,179		EI31,273
ANALYSIS OF NET ASSETS BETWEEN			FUNDS
31 II I 2223					Restricted
		Revenue	Products	Capital	Capital
		Houskrg	Trad Hg	Projects	Projects	PIP	Social
		Fund	Fund	Fund	Fund	Fund	Fund	Tr)BLI
Fixed Assets				3,027,554	21,180	36,516	-	3,085,250
Stock		7,664	3.499					11,163
Debtors		93,058	788	5,695		3,638	-	103,179
Cash & Bank		611,593	96,098	477,788	57.870	28,832	531	1.272,712
Cmdkors due	wflhin one
year		(118,690)	(13,446)	(12,589)		(544)	-	(145269)
		6593,625	686939	63498,448	679.050	668.442	6531	E4,327.035

31 March 2022	Revenue	Products	Capital	Restricted
	Housing	Trading	Projects	Capital	PIP	Social
	Fund	Fund	Fund	Projects	Fund	Fund	Total
Fixed Assets			3,048,963	22,687	13,421		3,085,071
Stock	7,363	4,701					12,064
Debtors	121,540	1,366	8,367				131,273
Cash &Bank	593,234	84,662	454,886	52,737	72,892	1,298	1,259,709
Creditors due within one
year	(110,461)	(5,589)			(442)	(68)	(116,560)
	6611,676	685,140	63,512,216	675,424	685,871	61,230	64,371,557

			B/Fwd			C/Fwd
			at 1 April			al 31 March
			2022	Income	E~xndrture	2023
Second Site Project			47,109			47.109
Groundwork			3,071		307	2,764
Will Bailey Trust			5,399		420	4,979
W Orbill Trust			2,944		434	2,510
Ragdale Hall			160		40	120
Inner Wheel - Stamford			645		54	591
Susan Emery Trust			1.500			1,500
The Screwfix Foundation			9,506		200	9,306
The Momson's	Foundation		329		82	247
Central England	Co-Operative		753		15	738
Staff Welfare Fund			3,000		570	2,430
Rotary Club for	Rulland/Melton	Round Table	1,008		252	756
Trees Fund				255	255
)/an Den Broek	Fund			6,000		6,000
			675,424	E6,255	62,629	679,050

Expiring	within	one	year	7,357	13,641
Expiring	within	two	to fwe years	12,315	13,388
Expiring	affer	more	ihan 6ve years		4,373
				619,672	631.402

			2023	2022
Nel movement in funds			(44,522)	300,459
Add back: Depreciation	charge		101,797	99,197
Deduct: Reclassificalion	oftangible	fixed assets		(957)
Deduct: profit on disposal ofassets			(2,885)
Deduct: Interest shown	in investing	activities	(10,108)	(3,466)
Oecreasef(increase)f in	stock		1,202	(2,029)
(Increase)/Decrease in	debtors		27,793	(46,267)
Increase/(Decrease) in	creditors		28,709	51,896
Net cash generated from operating		activities	E101,986	6398,833

Year	ended 31March 2023	2023
Cash	&cash equivalents	E1,272,712	E1,259,709
Year	ended 31March 2022	2022	%21
Cash	&cash equivalents	EI259,709	2983,029

	At		At
	01'/22	Cashqow	31rtt3I23
	E	E	E
Net Cash
Cash at bank and in hand	'Q59,709	13,003	1,272,712
Debt
Total	E1,259,709	513,003	E1,272,712