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2024-03-31-accounts

THE LODGE TRUST CIO

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

REGISTERED CHARITY NUMBER: 1161735

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THE LODGE TRUST CIO

REPORT OF THE TRUSTEES

The Trustees of the Lodge Trust CIO are pleased to present their report together with the financial statements for the year ended 31 March 2024.

OBJECTIVES AND OVERVIEW

The Lodge Trust CIO (TLT) has continued through the past year to implement its charitable objectives. It has maintained and developed the services for the benefit of the residents.

The Constitution dated 19 May 2015 states that the objects of the Trust are to provide a home, educational and work opportunities, based on orthodox Protestant Christian values for the benefit of people with learning disabilities, who have expressed the desire to be supported in a provision which promotes their spiritual, material and mental welfare, and is tailored to their individual needs, and which promotes independent living and life skills development.

The Trust is situated on a twenty-acre site within the village of Market Overton in Rutland. We provide a residential home, meaningful work opportunities and leisure activities for up to 30 people with learning disabilities. Additionally, we provide opportunities on weekdays for up to 15 people with learning disabilities who live locally and access our services.

Accommodation is split between six well equipped residences all having their own style and character. Each has their own individual gardens as well as a large area of communal gardens. We also have a number of communal leisure and meeting spaces. Half of the site has been developed into a Country Park. This has a café, a place to walk, outdoor leisure equipment, a children’s play area and a small holiday facility consisting of a registered caravan and motorhome site and two holiday lodges. Our Creative Enterprise Department (CE) provides our residents with meaningful work activities including horticulture, catering (In the Lodge Country Café), woodwork, crafts, and enterprise. The Social and Therapeutic department addresses the increasing need that our residents have for leisure and therapeutic activities and there are regular organised outings for swimming, horse riding, bowling and snooker. Other services like fitness through dance, hair and chiropody services and Pet Therapy come to us. In addition, shopping trips and visits to garden centres, libraries and cafes happen regularly.

We are regulated and inspected by the Care Quality Commission (CQC).

PUBLIC BENEFIT

The Trustees confirm that they meet the Charity Commission guidance on public benefit (PB1-3), Charities Act 2011 through the Charity’s aims and objectives and in planning future activities in the provision of specialised care for adults with learning disabilities.

The purposes of The Lodge Trust CIO comply directly with the following of the Charities Act's descriptions of "charitable purpose" which are accepted as in themselves ‘public benefits’.

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PUBLIC BENEFIT (continued)

The Lodge Trust exists to serve the Lord Jesus Christ through transforming the lives of people with learning disabilities and impacting communities through professional support, voluntary services and resources that express the practical love of Jesus Christ. Its current activities and development plans pass the test of whether society would be the poorer for its absence.

In common with many other social care providers, The Lodge Trust delivers a Government-directed and funded public service for the benefit of those who qualify for statutory funding. The nature of The Lodge Trust as a Christian service provider (and enabler) means that The Lodge Trust also offers Christian spiritual support and encouragement to those who choose to be supported in such a way.

The Lodge Trust continues to invest in the facilities known as the Lodge Country Park. This is open to the public and provides significant benefit to the local community free of charge.

The Lodge Trust CIO employs 64 staff (some of whom are part-time). This makes us a significant employer in Rutland and that brings a benefit to the local economy.

ACHIEVEMENTS AND PERFORMANCE

During the first half of the year we focussed on recruitment and applied successfully for a Home Office Sponsorship Licence. We employed several people who wished to move from their current UK sponsor. In a tight labour market, our staff turnover, which is lower than the sector average, added to the ongoing recruitment challenges. The rural location and costs of getting to work produce further headwinds to recruitment. We have responded by tracking the real living wage foundation rates and this year were able to exceed them.

We have continued to develop the Christian ethos. The monthly ‘Lodge Service’ and weekday resident morning devotions have been developed with time and materials. A regular weekly evening bible study has a core of 12 members with others coming as they are able. Residents join local churches on a Sunday as they choose, although having sufficient drivers to take residents to their choice of local churches continues to be a challenge now we have less volunteers following the pandemic. Pastoral Staff continue to pray and read the Bible with our residents as they request during the week. We were not able to attend any national Christian conferences this year because of staffing pressures.

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ACHIEVEMENTS AND PERFORMANCE (continued)

The Lodge Country Park, Café, Leisure facilities and Market Overton Play Area (MOPA).

The Café has reopened five days per week, having previously only been opened part time due to staffing shortages. Trade has been slow to pick up and is remaining too low for long term viability. We continue to subsidise this but are constantly reviewing the benefit v’s costs balance. It continues to serve as a valuable resource for preparing the resident lunches and it provides many of our residents with beneficial experience in catering.

The children’s play area has been well used. This is owned by Market Overton Play Area (MOPA – Registration No: 1176295) and the Lodge Trust allows them to site this on our Country Park in return for a peppercorn rent.

Our leisure and tourism facilities, consisting of the Camping and Motorhome Club (CL) and Camping and Caravanning club (CS) sites and two self-catering two holiday lodges, have been well used but utilisation still remains lower than pre-pandemic levels.

External events such as sale days, families’ day and the annual Carol Service are running annually as normal. We continued to supply local village stores and garden centres with kindling for resale. Many customers enjoy using this product and appreciate the work our residents do in producing these from old pallets. We have also continued to supply plants for sale from our horticulture work and many other items for sale from our craft and enterprise projects. We also made and sold sets of Christmas cards and numbers of handmade Christmas Wreaths.

The Lodge Trust CIO’s community-based work, educating churches and training volunteers to work with adults with learning disabilities, together with our capital programmes and operational services are partfunded by voluntary gift income. We now have fewer local volunteers but we continued to work with an organisation called ‘Time for God’, (TFG) who are an international volunteering charity. Placements were arranged for several European volunteers this year; however we won’t be continuing this partnership beyond the current cohort. We acknowledge the work we do is challenging and there are limitations in the personal care work the TFG volunteers are able to undertake. The additional burdens on our staff to provide good quality supervision for the volunteers, and the utilisation of our limited onsite staff accommodation by visa sponsorship employees, have sadly made these placements unviable at present.

We continue to be involved in the Rutland Learning Disability and Autism Partnership board. Following one meeting where world events were discussed, the residents attending expressed an interest in learning more about the world. One of our Trustees approached the Leicestershire Adult Learning service who then provided someone to come and run a course on countries of the world. This was well received and very well attended by our residents. It combined many practical activities including national dishes, famous landmarks etc. all of which contributed to an excellent display made by the residents in the hall.

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ACHIEVEMENTS AND PERFORMANCE (continued)

We see that these services, and the ministry offered through them, has a transforming effect not only in the lives of the people with learning disabilities who are directly supported, but also within their families as well as local and international communities. It is our experience that there is still a high demand for ‘intentional community’; The community and atmosphere created here is often commented on positively by residents, family members, volunteers and other visiting professionals. This is further evidenced by the number of enquiries from families seeking a place for their loved ones.

Families regularly speak of our specific benefit to their relative:

“Please pass on our thanks to everybody for the high standard of practical and emotional care that they give to S”

“I have just arrived home, after having attended what has been one of, or possibly the best review of J ever. After discussing J’s life in the Cottage, I came home thanking God for the good life, and the loving care they receive at TLT. So, a very big thank you to M and P, and of course all the staff who work in the Cottage”

“We very much appreciated the recent copy of Pathway News! We particularly enjoyed all the photos, and reading about all the activities enjoyed by the residents. Keep up the good work!”

“Can't tell how much it means to us. We don't hear about any of this from R. and are so excited to see the depth of enrichment these activities bring to the residents’ lives. About to photocopy and make a memory book for R to talk to us about and remember which is so helped by these photos.

“Maybe it could become an annual 'year book that can help residents record their lives and have memories and help those with dementia? Thanks, from a " not usually this excited" mum”

‘Our family are so happy with the way R is being cared for and what a relief it is to see her so settled’

Other professionals also comment:

LLR NHS Partnership From several health professionals working with TLT during end of life care for a resident “doing everything you can” “receiving excellent care” “keep doing what you’re doing” Lodge is a “lovely place” “really nice atmosphere” “I love it here”

MND Salt Nurse “Really impressed how organised you are here, don’t often see that’

PH (Social Worker) “I wanted to share that I was a little bit blown away by the lodge trust. The site, the grounds, the activities are all incredible. Such a diverse range of activities, occupations and ways of engaging with residents is really great to see. Each client that I saw or spoke to seemed happy and very much at home. R seemed happy and at ease in the environment and with staff. Each staff member that I saw with other clients, or with R, or the way they spoke with me was very warm, friendly and professional. I have no concerns about the placement, or R’s happiness etc and if anything, I am sure many clients would love to live at the Lodge Trust.

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ACHIEVEMENTS AND PERFORMANCE (continued)

Here are some views expressed by residents who live at The Lodge Trust:

We have had lots of activities and visits out. Bowling has been very good We have had a Lodge service and that was good. We have been to the bank to get some money.

“looking forward to holiday in Blackpool. Bowling going well”

“Coffee morning today. Fitness tomorrow. Like to go to dancing”

“Gardens and walking group with M at Rutland Water. Walked 8 miles”

“Breakfast at church on Sunday. Working with P in the gardens planting potatoes”

“Going to Switzerland on Friday on holiday. Going to beach, zoo and see the trains”

“Went home to see my family. Made 3 Christmas Cakes”

Other comments

“Feedback regarding automatic car ‘Thank you’, ‘you’ve listened to staff’, ‘said you’d try get an automatic car’, ‘I can now take residents out in the car’

“Excellent – as always. Cabins are always immaculate. As previous caravaners who came for a number of years we always enjoyed our visits and the lovely staff. The Lodge Trust is a real credit to you.”

“I just wanted to share with you some of the positive feedback I've had via the cafe. We've had lots of positive comments about the products we have for sale and the fact that we use home grown produce as much as possible and that the residents are all part of this too. And lots of lovely comments about our grounds and country park.”

Support for people to live their lives safely and well

Residents continue to have good outcomes in their lives. All the annual reviews have been positive, with good feedback from the residents, social workers and families about the enjoyable, fulfilled and active lifestyles they lead. We ended the year with 30 residents. We have a process in place to assess and prepare potential new residents and their families should a place become available. We provide different levels of staff support and the team works closely with our residents and day service users to tailor the support given to their individual needs. This is a growing and exciting process as the people develop their independence and self-esteem.

As well as the wide range of on-site activities, we also organise many outside leisure activities. The walking group, snooker, bowling, horse riding, swimming and visits out for lunch and evening meals are all happening regularly.

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ACHIEVEMENTS AND PERFORMANCE (continued)

REGULATED ACTIVITIES

The ever-changing support needs of our residents means we invest in hoists, lifts and other aids, including all the required moving and handling training to ensure our staff can meet the extra care needs in a dignified way for our residents whilst minimising the risk of injury to both residents and staff. We invest significantly in Health and Safety and have invested in training to upskill our senior team in qualifications such as IOSH Managing Safely.

As required we employ specialist inspection and assessment services such as Fire Safety, Legionella, Asbestos, Oil and Electrical services. We record and track our responsibilities to service and maintain the many systems we operate on our Care Management System (CMS) led and administrated by our Site Management team.

The Lodge Trust sees the training and development of all its staff as integral to all it does. It achieves this by offering and funding an extensive package of training delivered in house in person as well as online using a Skills for Care (SFC) endorsed digital training provider. The Lodge Trust continues to meet the national changes in Health and Social Care training, offering the Diplomas in Health and Social Care, the Care Certificate and ensuring that we continue to meet the Care Standards’ outcomes. We use a mix of experienced internal and external assessors to ensure the quality of our diploma training remains high.

The Lodge Trust is registered with the Care Quality Commission (CQC) to provide accommodation for persons who require personal care. As illustrated already, our home is not the typical residential home. We are situated on a very large rural site with six separate homes for our residents. In addition, we have well equipped workshops, extensive gardens and catering and hospitality services which greatly add to the breadth of the experiences we provide for our residents.

After a gap of more than 6 years the charity was inspected in by the Care Quality Commission on the 24[th] October 2023 and found our service to ‘Require Improvement’. This was disappointing. The Lodge was described as unique and complex. The action points centred around better auditing processes, increased detail in care plans and increased reporting of safeguarding incidents. It was acknowledged incidents were all being reported to the Rutland County Council safeguarding team, but there was inter agency confusion regarding the thresholds which would in addition also trigger a report to the CQC. In addition, staff training was not fully up to date. We put together an action plan and invited an audit of our services by Fulcrum, a care consulting company. We have addressed all the issues raised in our action plan and employed a new training and development lead. Our insurance company considered the report and found nothing in it which would warrant them changing the terms of our insurance or uprating our risk profile.

The report in full is available on the CQC website and a link can also be found on our website. Following the inspection report we submitted an action plan and embarked on a programme of audit and improvement supported by external consultants. We await the re-inspection of the service to determine their impact.

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FUNDRAISING REPORT

The Lodge Trust raises funds via a number of different streams:

The amount of donations and legacies received during the year is detailed in the Statement of Financial Activities.

Although the Lodge Trust is not registered with the Fundraising Regulator, we operate our fundraising in a responsible manner and all fundraising activity is carried out with the same ethos and professionalism with which we approach our other activities. The Trust carries out its own fundraising and does not currently engage any external third parties on its behalf.

There have been no complaints received during the year regarding our fundraising activities.

The protection of vulnerable people is a fundamental tenant of the Trust, given its primary activity involves the care of vulnerable people. All fundraising activities and events are overseen by the HR and Administration Services Manager.

FINANCIAL REVIEW

Total income has shown an increase in 2023-24 of £203,768 to £2,203,576. Residential fees continue to be our principal source of funding and these rose by £149,887 in the period. CE fees remain at reduced levels because of the loss of income from day service users and the impacts of the closure of the Café and Country Park.

The level of Residential fees received from Local Authorities has increased due to annual reviews, changing needs, cost of living increases as well as management efforts to ensure a fair cost of care is received for each resident. We recognise the difficulties being experienced by the Authorities, but the needs of Service Users must still be fully met. The requirements of the Care Act 2014 are also more demanding. We continue to ensure our funding keeps pace with the quality of the services we provide.

As mentioned, we have again benefited from the support of both local and international volunteers. It is estimated that the net value to the organisation of the various volunteers is approximately £20,000 and

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REPORT OF THE TRUSTEES

FINANCIAL REVIEW (continued)

the Trust is very grateful for the work they have done throughout the year. This figure has not been included in the Accounts.

During the year, donations of over £69,000 have been received and we are grateful for all gifts however large or small, and the generosity shown towards us. The donations include some restricted donations.

Expenditure has increased by £178,000 to £2,225,791 for the year. Salaries have increased during the year, with the largest one being care staff salaries. Recruitment and retention issues and inflation have had an impact. Housing and care costs have also increased as improvements have been made and response to increased IPC requirements. Administration has increased as we have reduced the administrative burden on our care staff and improved our processes.

With depreciation the accounts show a loss of £19,215.

Investment powers and policy

Investments have been maintained in view of the capital and reserve holdings. These have provided a small return during the year and yet still permit good access to the funds within appropriate timescales. Following the recent CQC inspection where it was stated that our service was ‘significantly larger than good practice guidance suggests’, the Trustees acknowledge that this approach by the CQC means the Trust will be unable to establish a second site that fulfils their original vision.

Salaries

The annual review of salaries is conducted by the full board of Trustees. The remuneration of the CEO was agreed separately and in the absence of the CEO. Pay and remuneration benchmarks against a database (NMDS-SC), which is the leading source of information on the adult social care workforce throughout England, are taken into consideration along with local conditions affecting recruitment and retention.

Reserves policy

The Financial Reserves Policy is reviewed annually at the AGM. The Trustees consider that the level of reserves is adequate to meet the needs of the organisation for the continual operation of the Trust.

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FINANCIAL REVIEW (continued)

The investment policy is for the investments to generate an annual income which can be used for the capital improvements of the charity. The trustees seek, as far as is practicable, to ensure that the maximum exposure to any one Bank or FCA regulated financial institution (like a Building Society) does not exceed the FCA protected limit of £85,000. At 31 March 2023, one savings bank account had funds exceeding this amount and thus potentially exposed. Additionally, funds held with CAF Bank Ltd were high at 31 March 2023. Our current investment policy includes a combination of both short, and longerterm high yield (relatively speaking) cash deposits. Trustees actively seek to protect and diversify our reserves in accordance with our policy.

We aim to:

  1. Match the risk and maturity of the investments with the requirement for funds.

  2. Invest in liquid assets so that they can be converted into cash quickly.

  3. Invest in a way that does not conflict with the charity’s aims and objectives and which is prudently of minimum risk.

The Lodge Trust CIO banks with CAF Bank Ltd. which is owned and operated by a charity; it is the bank for charities, dedicated to serving the sector and providing banking services. CAF Bank provides simple and straightforward day-to-day banking, with the high ethical values and fairness you would expect from a bank owned by a charity.

Funds held as custodian trustee on behalf of others

The Trust receives benefits from the DWP or local authorities on behalf of many of the residents. This is deposited into a separate bank account. This income partly funds their residential fees and their personal allowances; the latter is paid directly into residents’ own bank accounts at the end of the month. At the year-end there was no balance due to residents from this account.

RISK MANAGEMENT

The Trustees have a risk management strategy which comprises:

Principal risks and uncertainties

Policies and Procedures encompass all areas of the services we provide and are regularly updated. Quality assurance is provided monthly through an internal Quality Committee meeting attended by senior

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RISK MANAGEMENT (continued)

managers which reports to the Management Committee monthly. Training is given at every level in the Trust. Regular supervision is delivered and action plans monitored.

The principal risks are identified as:

  1. Abuse, Regulatory or Other Statutory failings

  2. a. Service Users are vulnerable adults and our reputation is critical to maintaining our status as a trusted care provider. The risk of damage to our reputation through abuse, regulatory and other failings associated with the delivery of our services is managed through a robust approach of

    • i. Policy Driven Standards,

    • ii. Training,

    • iii. Manager Supervision and

    • iv. Quality performance indicators linked to the Assurance mechanisms above v. Professional advice received from HR, Accountancy, Legal, GDPR and other Consultancy based practitioners.

2. Financial Fraud

The Trustees take steps to ensure there are effective systems of control over the operations and finances of the charity that are appropriate to the scale and complexity of the activities. These controls include those to safeguard vulnerable people; financial and operational delegations and further controls to prevent and detect fraud and ensure the security of assets and the integrity of the services we provide for our Service Users.

  1. Underfunding by Local Authorities

  2. a. In common with other providers of services funded by the public sector, The Lodge Trust CIO’s operating margins (the difference between the income from and cost of delivering services) continues to be under pressure from limited income growth and increasing costs. The changing needs of people with learning disabilities due to illness and ageing also result in additional costs being incurred. Failure to maintain or improve these margins will limit the amount of unrestricted funds available to invest in the future development of our services and their delivery. Actions taken to mitigate this risk include:

    • i. On-going negotiations with local authorities and CCG’s to maintain revenue income

    • ii. Early identification of changing individual needs and close liaison with local agencies leading to prompt recognition of increased funding requirements.

4. Insufficient Staffing.

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RISK MANAGEMENT (continued)

5. Medication Errors

LITIGATION

It is noted by the Trustees that, in this year, a claim has been brought against the CIO by a former member of staff. The Trustees are contesting this claim, The Trustees have sought professional HR and Legal advice throughout this process and are following such advice. The costs of this advice and litigation are reflected in the budget. The Trustees have also informed our Insurers.

PLANS FOR THE FUTURE

We are passionate about helping society at large see that people with learning disabilities can choose to have a faith and choose to be supported in developing that faith in an intentional community.

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PLANS FOR THE FUTURE (continued)

Furthermore, local communities and churches can be equipped to help and support people with learning disabilities to the enrichment of all. Recent trends in adult social care (including those with learning disabilities) have focused more on inclusion in the wider community based on the premise that people prefer to live in their own homes. Local authorities (the commissioners) claim there are financial benefits for adopting this approach and we would acknowledge that, while this is true for some people, it is wrong to assume that this is the best approach for everyone with a learning disability. We see a continued need for vibrant residential communities that offer excellent person-centred care as viable alternatives to supported living for some people with learning disabilities, who choose to live this way. We believe this choice ought to be available and not restricted on the basis of ideology or financial cost.

God has made us capable of relating with others and people tell us they feel isolated for much of their time in the wider community. Jesus said the second greatest command is to love our neighbour as much as we love ourselves. One of the great advantages of living together with others is the sense of belonging, helping each other, and making a difference together. People like to be together as well as to have their own space.

The Bible reminds us, “As one piece of iron sharpens another, so friends keep each other sharp.” Our community offers companionship and support. In addition, Christian support offers safety. If a resident is anxious about anything there are always people to talk and pray with. We guide them in good paths and are constantly on guard to protect them from danger and abuse. We believe our residents are safer with many staff sharing their lives in a community where Christ is central and behaviour seeks to bring praise to God. We have a clear Christian Ethos policy and all staff agree to support this whether or not they would describe themselves as having a Christian faith.

The demand for places at our Rutland site exceeds the provision currently available. These families come from all parts of the UK, seeking Christian support for their relatives. We operate an assessment and consultation process to ensure should a place becomes available we are able to fill it positively with the minimum of delay.

We believe that the service we have to offer is unique from any other service of its kind. Not only do we offer a Christian community and support to adults who choose to live with us and use our service, but we also offer support to local churches, employers and families of the adults using our service.

GOVERNANCE, ORGANISATION AND PARTNERSHIPS

Governance

The Lodge Trust is a Charitable Incorporated Organisation (CIO), governed by a Constitution dated 19 May 2015. It is registered as a charity with the Charity Commission of England and Wales, Registered Charity number 1161735

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GOVERNANCE, ORGANISATION AND PARTNERSHIPS (continued)

The AGM is held in July. The Chair and Vice Chair of the Trustees, the Management Committee representatives and the Finance and Budget Committee representatives are all appointed at the AGM. The Trustees are asked to sign their adherence to the Basis of Faith, the Objects of the Charity and indicate their fitness to continue to serve as a Trustee.

The Trustees meet quarterly in January, April, July and October and as and when any need for additional meetings arise. The Trustees are regularly consulted as a body by the CEO as and when issues arise outside of the scheduled meetings. This is usually done by email so that a record is kept.

New Trustees are appointed on the basis that they not only adhere to the Basis of Faith and the Objects of the charity, but that they have an expertise and level of experience which is appropriate to the current and developing needs of the organisation. They are given copies of the Trust Deed and the relevant Charity Commission literature to ensure that they are aware of their duties and responsibilities as Trustees. They are given an induction day within the organisation to see how the organisation functions. They are invited to attend external training courses as required.

Is appointed by the Trustees to meet ten times each year to oversee the operational management of the organisation. This committee includes two Trustees, the CEO, Registered Manager, an external independent member and a resident representative, who gives a report from the resident’s committee which is called ‘Our Voice’. During their monthly meeting the Management Committee would normally visit one of the houses to talk with the residents and the staff on duty and report back on their findings.

Is appointed to set the annual Budget for the consideration of the full Trustee Board. This committee consists of two Trustees, the CEO, Finance Manager and Residential Manager.

Are set up as appropriate by the Trustees to address and advise on specific issues, such as details of future developments, investments etc.

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GOVERNANCE, ORGANISATION AND PARTNERSHIPS (continued)

Organisation

Partnerships

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GOVERNANCE, ORGANISATION AND PARTNERSHIPS (Continued)

Now in the 40th year of operation, we give praise to God for His goodness to us as an organisation in enabling us to provide Christian homes for those who have chosen to be supported in this way. We give thanks to God for His unfailing love, His guidance and His daily provision for all our needs. We readily acknowledge that without the commitment of our staff and volunteers, such service delivery would not be possible, and we wish to express our sincere appreciation for their dedication to the work. We acknowledge the partnership and goodwill of so many other stakeholders and thank them for their help and support during the year.

Related parties

The charity has working relationships with a number of local authorities for the provision of care for people with learning disabilities. The Chief Executive has delegated powers to agree contracts on behalf of the organisation.

As a Registered Home under the Care Act 2014, the charity has to meet the requirements of the Act and is regulated by the Care Quality Commission (CQC).

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REFERENCE AND ADMINISTRATIVE DETAILS

Charity number: 1161735 Principal office: The Lodge Trust CIO, Main Street, Market Overton, Rutland LE15 7PL

Accountants: Barnett & Turner Accountants Ltd. Cromwell House, 68 West Gate, Mansfield, Nottinghamshire NG18 1RR

Auditors:

Barnett & Turner Accountants Ltd. Cromwell House, 68 West Gate, Mansfield, Nottinghamshire NG18 1RR

Bankers:

CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ

Directors and Trustees:

The Trustees during the year were:

Mr D. J. Kindred (Chair) Dr D. C. Mann (Vice Chair) Mr D. Donegani Miss E. Harrison Dr E. J. Hodges Mrs S. Matthews Mrs J. Gibb Chief Executive: R. J. Pigott

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THE LODGE TRUST CIO

INDEPENDENT AUDITORS’ REPORT - TO THE TRUSTEES OF THE LODGE TRUST CIO

Opinion

We have audited the financial statements of The Lodge Trust CIO for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based upon the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the CIO to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information in the annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information, and except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

18

THE LODGE TRUST CIO

INDEPENDENT AUDITORS’ REPORT - TO THE TRUSTEES OF THE LODGE TRUST CIO

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you, if in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibility statement, the trustees are responsible for the preparation of financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatements, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditors under section 144 of the Charities Act 2011 and report in accordance with section 154 of the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but it is not a guarantee that an audit conducted with ISA’s (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

19

THE LODGE TRUST CIO

INDEPENDENT AUDITORS’ REPORT - TO THE TRUSTEES OF THE LODGE TRUST CIO

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

As part of our planning process:

The key procedures we undertook to detect irregularities including fraud during the course of the audit included:

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements even though we have properly planned and performed our audit in accordance with auditing standards. The primary responsibility for the prevention and detection of the irregularities and fraud rests with those charged with governance of the entity.

These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

20

THE LODGE TRUST CIO

INDEPENDENT AUDITORS' REPORT • TO THE TRUSTEES OF THE LODGE TRUST CIO

ted on the Financial A further description of our responsibilities for the audit of the financial statements is loca reporting Council's website at www.frc.or.uk/auditorresponsibitities. This description forms 1x3rt of our auditors report.

Use of our Report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's Trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for our audit work, for this report, or for the opinions we have formed.

~~� :~~

Jonathan Wilson FCA CTA (Senior Statutory Auditor) For and on behalf of Barnett & Turner Accountants Ltd Statutory Auditor Chartered Accountants Cromwe·U House 68 West Gate Mansfield Nottinghamshire NG181RR

21

THE LODGE TRUST CIO - STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

Note 2024 2024 2024 2024 2024 2024
Revenue Products Capital Capital Social
Housing Trading Projects Products PIP Fund
Unrestricted Unrestricted Unrestricted Restricted Restricted Restricted 2024 2023
Fund Fund Fund Fund Fund Fund TOTAL TOTAL
INCOME:
Donations and legacies 5 - - 45,540 22,805 - 1,210 69,555 48,328
Income from charitable activities:
Residential and day service fees 6 2,012,078 - - - - - 2,012,078 1,862,191
Mobility allowances 6 - - - - 34,387 - 34,387 37,782
Staff accommodation fees 6 20,980 - - - - - 20,980 7,916
Income from other trading activities
Trading income 7 - 49,486 - - - - 49,486 36,436
Events 7 - 1,059 - - - - 1,059 47
Investment income 8 66 - 18,965 - - - 19,031 10,108
__ _ __ ______ ______ _____ ___ __
TOTAL INCOME 2,033,124 50,545 64,505 22,805 34,387 1,2100 10 £2,206,576 £2,002,808
__ _ __ ______ ______ _____ ___ __
EXPENDITURE:
Cost of raising funds 9 1,044 - - - - - 1,044 2,702
Expenditure on charitable activities:
Care staff salaries 10 1,221,829 - - 3,000 - - 1,224,829 1,097,979
Administration and management salaries etc 10 216,901 - - - - - 216,901 188,613
Depreciation and profit/loss on sale of assets 10 - - 98,468 1,727 11,913 - 112,108 98,912
Other housing and care costs 10 602,364 - 136 180 - - 602,680 599,439
Trading costs 10 - 46,087 - - - - 46,087 34,939
Other vehicle costs 10 - - - - 20,746 20,746 23,117
Social fund purchases and outings 10 - - - - - 1,396 1,396 1,629
_ _ _ _ _ _ _ _
TOTAL EXPENDITURE 2,042,138 46,087 98,604 4,907 32,659 1,396 £2,225,791 £2,047,330
__ _ __ _ ______ _____ __ __
NET INCOME (9,014) 4,458 (34,099) 17,898 1,728 (186) (19,215) (44,522)
______ _ __ ______ ______ _____ __ __
NET MOVEMENT IN FUNDS (9,014) 4,458 (34,099) 17,898 1,728 (186) (19,215) (44,522)
Reconciliation of funds:
Total funds brought forward 593,625 86,939 3,498,448 79,050 68,442 531 4,327,035 4,371,557
__ __ __ ______ __ _____ ___ ___
TOTAL FUNDS CARRIED FORWARD £584,611 £91,397 £3,464,349 £96,948 £70,170 £345 £4,307,820 £4,327,035
__ __ __ ______ __ _____ ___ ___

22

TIE LODGE TrUST ao LAIKE SHEET AS A T 31 WIARITY RESTRICTED FUNDS PIPFut Soiia CaprtaPrciects FuThl 13 13 13 7Q170 345 68.442 531 79.09) UW4ESTRICTED rE9￿ATED FLNr Capi131 fvqed5 Fwwj Rev￿ H(yJsi19 F￿￿1 P￿￿Ucts Traling Fur#J 13 13 13 3.464.349 584.611 91.397 3,498,448 593,625 86.939 £4.307, £4.327.035 Appro￿d by ts Trus*es ￿ 25 j￿U￿Y 3Y25 ar#J 9gr￿d￿ tsr t4)ai by. D J K￿d[ed IGIwffl Twstee S I￿ Pa3es ￿1040 I)nn wl

THE LODGE TRUST CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Net cash generated in operating activities 16 71,978 101,986 Cash flowi from inv¢sting activitim: Inleresl intome Purchase of tsngible fixed awls Proceeds on Sale of tangible fixed assets 19,031 166,1971 341 10,108 1103,8911 4,800 Nèt ca•h uud in in¥•iting aetivii 146.8251 188,9831 N•t Cash yn•fat•d from oyrating and inv•Jtiry activities 25,153 13.003 Net incroaso in cajh and ca•h •qUNal•nts in th• yonr 25,153 13,003 Cash and c£sh equNa￿nts br￿￿ foThArd 1.272,712 1.259,709 Calh and cash •quivalents Carri￿ forward £1.297.865 £1.272,712 24

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

1 ACCOUNTING POLICIES

a) Basis of preparation

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS102.

The financial statements are prepared on a going concern basis under the historical cost convention, with items recognised at cost or transaction value unless otherwise stated in the relevant notes to those accounts. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.

The trustees consider that there are no material uncertainties about the CIO’s ability to continue as a going concern.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

b) Depreciation

Tangible fixed assets are initially recorded at cost.

Depreciation has been provided for at the following rates so as to write off the cost of tangible fixed assets over their estimated useful lives:

c) Products Stock Finished and unfinished Products stock are valued at cost price.

d)

Bank and Cash

Cash at the bank and in hand is held to meet short-term cash commitments as they fall due.

25

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

e) Fund Accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.

i) Capital Projects Fund

This fund is for the purpose of funding development activities of the Trust. Any donations which are made as a result of a fund raising appeal for a specific project or are gifted towards a specific project are included as restricted funds.

ii) Social Fund This fund is for the purpose of the benefit of the residents. Any donations received that would benefit residents as a whole are included in this fund, with expenditure on the residents taken out each year.

iii) PIP Fund

This fund was previously known as the DLA Mobility Fund after the name of the Government allowance. That allowance was called the Disability Living Allowance (Mobility) but has changed its name to Personal Independence Payments. Since all correspondence and accounting records now reference PIP rather DLA, the fund has therefore changed its name in the financial statements to fall in line with this. Nothing else about the fund has changed except it’s name. Personal Independence Payments are benefits for people with disabilities. Residents or their representatives (where they lack capacity to decide under the Mental Capacity Act) are asked if they wish to agree to the payment of the lower rate mobility allowance to the Lodge Trust PIP (pooled funds) account. For those who do not wish to agree to this payment, they will be required to pay separately for journeys they make in the vehicles of the charity and other journeys and support in getting around. This policy is outlined in the Service User guide (Residents Handbook).

The PIP Fund will be used to fund the support of residents who contribute to it by:

Designated funds are funds which have been set aside by the Trust for a particular purpose. The Trust has three designated funds:

ii) Revenue Housing Fund This is the Revenue fund and its purpose is to provide services for people with learning disabilities. Its income is fees and its expenditure is the services provided such as staff, food, heat, light, etc and maintenance of the buildings.

26

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

iii) Products Trading Fund

This is the fund which is used to buy raw materials for the Work and Education Services and the Country Park activities (wood, craft items, plants, seeds, café supplies etc). Income from the sale of products, cabin hire, caravan pitches and café food sales is paid into the same fund.

f) Residential and Work & Education Service Fees

g) Donations & Legacies

Donations and legacies are accounted for in full when receivable.

h) Income

j) VAT

k) Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The Trust’s contribution is restricted to the contributions disclosed in note 3. Contributions outstanding at the year end are included in trade creditors. The costs of the defined contribution scheme are included within expenditure on charitable activities.

The money purchase plan is managed by Standard Life and is an Interactive Investor SIPP whereby the plan invests the contributions made by the employee and employer in an investment fund to build up over the term of the plan a pension fund which is then converted into a pension upon the employee’s normal retirement year age when eligible for a state pension. The Trust has no liability beyond making its contributions and paying across the deductions for the employee’s contributions. There were no contributions outstanding at the period-end.

27

THE LODGE TRUST CIO NOTES TO THE ACCOUNTS- FOR THE YEAR ENDED 31 MARCH 2024 CRITIC￿ AccOu￿￿NG ESMMATES AND AREAS OF JUEGEME Ests'mates and judgements are CCI￿.nUa1lY evalualed th are bawj on his1￿C21 e4)erier￿ and other fth. indudiry expectsbcfis of future events that we Lrlieved to teasoTrgble uTrJer the atcumstarKes. Critical accounb'n ests'mates and assum cms.. The Trust makes estimates assumpkns COn￿Mir￿j the future. The resumirg accounting estimates and assumpts'c￿S wll, by definition, seldom qual Ihe related acbjal resutts. The estin￿leS and assumptions Ihat have a significant risk of causing a malenal &Jjustment to ts caryiry an￿nts of assets and liabilibes within the next finarKial ￿ar are dIS￿sS￿l bekhv. Oelermining the approwale rale of derKttkqtfvJn of tary1b￿ fix61 assets rew¥es an estsmale of the usefijl economic lrfe aThJ ulbmale net realis*Se valLE. The L￿1 ￿miC lrfe is detennined to Lp the period durirya wlw'¢h each asset will te usable. STAFF REMUNERATION 2024 2023 Care staff and administrative salwies Nl ContnbutK)ns Pension Contn'trNJb'cns 1,393,603 1.282,183 116,625 110,554 58,459 55,329 £1,￿,887 £1,448,066 Aver&¥ headcount of emKloytes 61 Ave￿je nuth offu114ime equivalent empkn 48 No M￿terS of stsff r￿ved remLneralicn in eXc￿S of£60,¢X(1 {2023: CTr). The key management perSc￿ne1 ccfflwse the truslees and Ihe Ch￿f Exeojtive. The total employee benefits of the key persc￿ne1 of the Trust were £52,54012023'. £64.4921. TRUSTEES REMUNERAMON No trustee received any rerwneraticn for th￿r seN￿S {2023: th1). David ￿ndred received travellirKJ exwses of £470 durmg the year {3)23: £731). No other Iwstees re￿iVed any reimbursements.

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

5 DONATIONS AND LEGACIES

2024 2024 2024 2023 2023 2023
Capital Capital Social Capital Capital Social
Projects Projects Fund Projects Projects Fund
Unrestricted Restricted Restricted 2024 Unrestricted Restricted Restricted 2023
Fund Fund Fund Total Fund Fund Fund Total
Donations 45,540 22,805 1,210 69,555
41,143		 6,255 930 48,328
______ _____ ______ ______
_____		 _____ ___ ______
£45,540 £22,805 £1,210 £69,555
£41,143		 £6,255 £930 £48,328

6 INCOME FROM CHARITABLE ACTIVITIES

2024 2023
Revenue 2024 Revenue 2023
Housing PIP Housing PIP
Unrestricted Restricted
2024		 Unrestricted Restricted
2023
Fund Fund Total Fund Fund Total
Residential & day
services fees 2,012,078
-		 2,012,078 1,862,191
-		 1,862,191
Mobility allowances - 34,387 34,387 - 37,782 37,782
Staff accommodation fees
20,980
-		 20,980 7,916
-		 7,916
__
_____		 __ __ ______ __
£2,033,058 £34,387 £2,067,445 £ 1,870,107 £37,782 £1,907,889
__
_____		 __ __ ______ __

29

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

7 INCOME FROM OTHER TRADING ACTIVITIES

2024 2024
Products
Capital
Trading Projects
Unrestricted Unrestricted
Fund
Fund
Trading Income
Café
13,177
-
Cabins
18,075
-
Caravans & camping
12,562
-
Vehicle checks
-
-
Ground income
1,250
-
Product sales
4,422
-
Events
1,059
-
__

£50,545
-
__
 2023
2023
Products Capital
Trading
Projects
2024
Unrestricted Unrestricted 2023
Total
Fund Fund Total
13,177
711
-
711
18,075
20,071
-
20,071
12,562
9,022
-
9,022
-
2,160
-
2,160
1,250
1,292
-
1,292
4,422
3,180
-
3,180
1,059
47
-
47
_
__
 _
£50,545
£36,483
- £36,483
_
__
 _

8 INVESTMENT INCOME

2024 2024 2023 2023
Revenue Capital Revenue Capital
Housing Projects Housing Projects
Unrestricted Unrestricted 2024 Unrestricted Unrestricted 2023
Fund Fund Total Fund Fund Total
Interest receivable 66 18,965 19,031 - 10,108 10,108
__
_____		 __ __ __ ______
£66 £18,965 £19,031 - £10,108 £10,108
__
_____		 __ __ __ ______

30

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

9 COST OF RAISING FUNDS

2024 2023
Revenue Revenue
Housing Housing
Unrestricted 2024 Unrestricted 2023
Fund Total Fund Total
Events 35 35 40 40
Publicity 1,009 1,009 2,662 2,662
_____ _____ _____ _____
£1,044 £1,044 £2,702 £2,702

10 EXPENDITURE ON CHARITABLE ACITIVIES

CARE STAFF SALARIES

2024 2024 2023 2023
Revenue Capital Revenue Capital
Housing Projects Housing
 Projects
Unrestricted Restricted
2024		 Unrestricted Restricted
2023
Fund Fund Total Fund Fund Total
Salaries 1,221,829
3,000		 1,224,829 1,097,979 - 1,097,979
__
_____		 __ __ ______ __
£1,221,829 £3,000 £1,224,829 £1,097,979 - £1,097,979
__
_____		 __ __ ______ __

31

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

10 EXPENDITURE ON CHARITABLE ACITIVIES (Continued)

ADMINISTRATION & MANAGEMENT SALARIES ETC

2024 2023
Revenue Revenue
Housing Housing
Unrestricted
2024		 Unrestricted 2023
Fund Total Fund Total
Salaries 151,404 151,404 160,304 160,304
Administration costs 744 744 408 408
Audit fees 7,920 7,920 7,500 7,500
Accounting fees 26,553 26,553 19,670 19,670
Legal & professional fees 29,810 29,810 - -
Trustee meeting fees 470 470 731 731
_ _ _ _
£216,901 £216,901 £188,613 £188,613
_ _ _ _

DEPRECIATION

2024 2024 2023 2023
Capital Capital 2024 Capital
 Capital 2023
Projects Projects PIP Projects Projects PIP
Unrestricted Restricted Restricted 2024 Unrestricted Restricted Restricted 2023
Fund Fund Fund Total Fund Fund Fund Total
Depreciation 98,468 1,727 11,848 112,043 96,009 1,804 3,984 101,797
Profit/loss on
sale of assets
-		 - 65 65 (2,000) - (885) (2,885)
______ _____ ____ ______ _____ _____ ___ ______
£98,468 £1,727 £11,913 £112,108 £94,009 £1,804 £3,099 £98,912

32

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

10 EXPENDITURE ON CHARITABLE ACITIVIES (Continued)

OTHER HOUSING AND CARE COSTS

2024 2024 2023 2023
Revenue Capital Revenue Capital
Housing Projects Housing Projects
Unrestricted Unrestricted
2024		 Unrestricted Restricted 2023
Fund Funds Total Fund Funds Total
Food 54,958 - 54,958 59,448 - 59,448
Energy & water 68,979 - 68,979 73,828 - 73,828
Council tax 9,511 - 9,511 10,439 - 10,439
Household 13,995 - 13,995 14,850 - 14,850
Insurance 32,385 - 32,385 35,850 - 35,850
Repairs & renewals 66,073 - 66,253 71,927 570 72,497
Facilities & estates staff
salaries 101,033 - 101,033 114,318 - 114,318
Home costs 2,489 - 2,489 1,789 - 1,789
Protective clothing 3,321 - 3,321 790 - 790
Staff training & other costs 9,526 - 9,526 16,765 - 16,765
Training staff salaries 32,962 - 32,962 20,136 - 20,136
Holiday supervision 1,109 - 1,109 - - -
Telephone & internet costs 4,920 - 4,920 4,655 - 4,655
Bank charges 722 136 858 121 5 126
Registration fee 4,270 - 4,270 4,270 - 4,270
Postage, stationery &
computing 25,238 - 25,238 26,969 - 26,969
Miscellaneous 4,594 - 4,594 4,588 - 4,588
Agency & other staff costs 72,546 - 72,546 57,941 - 57,941
Volunteers fees & expenses
16,500		 - 16,500 18,399 - 18,399
Health & safety 6,163 - 6,163 4,418 - 4,418
Activities 1,981 - 1,981 329 - 329
Pension costs 58,459 - 58,459 55,329 - 55,329
Staff recruitment fees 10,630 - 10,630 1,705 - 1,705
______ _____ ______ ______ ___ ______
£602,364 £136 £602,680 £598,864 £575 £599,439
______ ____ ______ ______ ___ ______

During the year, £180 was spent on repairs and renewals from the Capital Projects Restricted Fund.

33

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

10 EXPENDITURE ON CHARITABLE ACITIVIES (Continued)

TRADING COSTS

2024 2023
2023
Products Products Products
Trading Trading Trading
Unrestricted
2024		 Restricted Unrestricted 2023
Fund Total Fund Fund Total
Country Park
Marketing 1,933 1,933 - 2,358 2,358
Administration 1,975 1,975 - 824 824
Utilities 14,013 14,013 - 12,196 12,196
Household 2,779 2,779 - 825 825
Stripe & other bank charges 1,024 1,024 - 2,160 2,160
Food & drink purchases 12,311 12,311 - 3,702 3,702
Miscellaneous café costs 3,248 3,248 - - -
Cabins & caravans 1,394 1,394 - 180 180
Repairs & maintenance 2,833 2,833 - 7,584 7,584
Grounds & garden expenses 1,192 1,192 255 1,081 1,336
Events 167 167 - - -
Products expenses 3,218 3,218 - 3,774 3,774
______ ______ ___ ______ ______
£46,087 £46,087 £255 £34,684 £34,939
______ ______ ___ ______ ______

OTHER VEHICLE COSTS

2024 2023
PIP PIP
Restricted 2024 Restricted 2023
Fund Total Fund Total
Other vehicle costs 20,746 20,746 23,117 23,117
_____ _____ _____ _____
£20,746 £20,746 £23,117 £23,117

34

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

10 EXPENDITURE ON CHARITABLE ACITIVIES (Continued)

SOCIAL FUND PURCHASES AND OUTINGS

2024 2023
Social Social
Fund Fund
Restricted 2024 Restricted 2023
Fund Total Fund Total
Social fund presents 1,396 1,396 1,629 1,629
______ ______ ______ _____
£1,396 £1,396 £1,629 £1,629

35

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

11 FIXED ASSETS

Tangible Assets
Cost
As at 1 April 2023
Additions
Disposals
As at 31 March 2024
Depreciation
As at 1 April 2023
Charge for the year
Eliminated on disposals
As at 31 March 2024
Net Book Value
As at 31 March 2024
As at 31 March 2023		 Main
Buildings
& Grounds
884,635
-
-
_
884,635
102,943
14,273
-
_
117,216
£767,419
£781,692		 Bungalow
Meeting
Workshop &
Garden
& Cottage
Hall
Outbuilding
House
467,076
167,151
47,682
520,879
-
-
-
-
-
-
-
-
_
_
__
_
467,076
167,151
47,682
520,879
59,477
21,315
12,463
66,134
8,152
2,916
1,907
9,096
-
-
-
-
_
_
_
____
67,629
24,231
14,370
75,230
£399,447
£142,920
£33,312
£445,649
£407,599
£145,836
£35,219
£454,745		 Motor
Equipment
Country
The
Vehicles
& Fittings
Park
Flats
Stables
Total
72,573
256,835
235,038
227,898
921,253
3,801,020
26,090
29,458
-
2,934
7,715
66,197
(3,896)
-
-
-
-
(3,896)
__
_
_
_
_
__
94,767
286,293
235,038
230,832
928,968
£3,863,321
36,057
153,599
115,498
30,047
118,237
715,770
11,847
31,694
11,954
4,012
16,192
112,043
(3,490)
-
-
-
-
(3,490)
_
_


_
_____
44,414
185,293
127,452
34,059
134,429
£824,323
£50,353
£101,000
£107,586
£196,773
£794,539
£3,038,998
£36,516
£103,236
£119,540
£197,851
£803,016
£3,085,250

36

THE LODGE TRUST CIO NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024 FIXED ASSETS nLEd The Trust's free1￿k1 pro￿[b.eS ate insured for £16,277,115. Ths retwesents the cost of derTr)lilion and reconstruction and may exceed ￿ open market value. 12 DEBTORS AND PREPAYMENTS 2024 2023 Fees outstsnding Income lax recover7knk Other deblc Prepayments & ac£n￿d incYJwE 9,215 5,695 13,422 28,266 56,394 5,695 5,767 35,323 £56,598 £103,179 13 ANALYSIS OF NET ASSETS BEfwEEN FUNDS 81 31 Marth 2024 Restn'cled Caplal ca￿ts1 Ftyects Projects Fund Fund Reven HwsiThJ Fund pr￿Jucts Trathng Fund PIP P)x￿1 Fund Fund Total Fixed Assets Stock Debtors Cash & Bank credrt¢￿ due vnthin one 2.969.135 19.510 3.038,998 12,291 56,598 1.297,865 7,688 39,553 622,7&1 5,695 489.519 11,350 98.747 77,438 345 year 185,3eiii 111.9S3} 16191 197.9321 £584,611 £91,397 £3.464,349 ￿,948 £70,170 £345 £4,307,820 37

THE LODGE TRUST CIO NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF NET ASSETS BETWEEN FUNDS Conbnued bl 31 Marth 2023 Reven￿ PrC￿￿ts Capia Restsicted Trathng Flq'ects cap￿al PIP Social Fund Fund ￿e￿$ Fund Fund FuThJ Totsl Fixed Assets Stock Debtors Cash & Bank credrte￿ due vhthin c year 3.027.554 21,180 36.516 3,085,250 11,163 103,179 1,272,712 3,493 93,058 611,5g3 5.695 477,788 Sfj,CQ8 57,870 28,832 531 I118,6￿) 113,4461 112,5891 15441 1145,2691 £593,625 £86,939 £3,498,448 £79,OXI £68,442 £531 £4,327,035 RestrKted CaFrftsI PrcFct FuThJs a￿ represented by. BIFwd at 1 Apnl 2023 cIF￿ at 31 March 2024 Second Srte Propct Grcunoknrk Will Bailey Trust W Orbill Trust Rajdale Hall Inner Wheel . Stamford Susan Emery Trust The Sc*evthx FournlatK The Momson's Foundabt Central England Co£peralNe Stsff Welfare Fund Rotwy Club for Ru￿a￿ValC￿ RcwrKI Tabk Van Den Brcek Fwmd Trees Fund Susan E￿￿ry Me￿￿￿la1 sen￿ Garden Van Den Brcek Staff Bcfflus Fund 47.109 2,764 4.979 2.510 120 591 47,109 2,4&8 4,426 2,148 93 537 1,5CIJ 9,114 185 726 2,430 567 6,OCQ 276 553 362 27 192 62 12 247 738 2.430 756 189 19,625 19,625 £79.050 £22.805 £4,gYI7 £96,948

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

ANALYSIS OF NET ASSETS BETWEEN FUNDS (Continued)

The Second Site project relates to the Charity’s attempt to establish a second base of operations, initially near Milton Keynes, although explorations were made into looking at other areas. Donations have been received and some exploratory costs expended during previous years, although there has been no income or expenditure received in the year to 31 March 2024. This project is currently not being actively pursued.

Groundwork relates to a grant received towards the cost of outdoor gym equipment purchased. The expenditure each year will relate to the depreciation charge on the equipment purchased.

The Will Bailey Trust relates to a grant received towards the cost of a trike and a shed to house it. The expenditure relates to the depreciation charge on the assets purchased.

The W Orbill Trust relates to grants received to purchase a number of different pieces of equipment and also to improve access to the café and wheelchair access to the cabins. The expenditure relates to the depreciation charge on the assets purchased.

Ragdale Hall relates to a grant received to purchase a carder. The expenditure relates to the depreciation charge on the asset purchased.

Inner Wheel – Stamford relates to a grant received towards the purchase of a sewing machine. The expenditure relates to the depreciation charge on the asset purchased.

The Susan Emery Trust Fund relates to a donation received towards holiday costs. This has not been expended yet as residents have not been able to resume holidays following the Covid 19 pandemic.

The Screwfix Foundation fund relates to a grant received towards new windows in the Bungalow. The expenditure relates to the depreciation charge on the asset purchased.

The Morrison’s Foundation relates to a grant received towards the purchase of gardening equipment. The expenditure relates to the depreciation charge on the asset purchased.

Central England Co-Operative relates to a grant to purchase an extractor fan. The expenditure relates to the depreciation change on the asset purchased.

Staff welfare fund relates to funds received from a donor to be spent on staff. Some expenditure has been incurred in relation to this but discussions are ongoing for the remainder of the funds so as to make the best use of the funds to benefit staff.

Rotary Club of Rutland/Melton Round Table relates to a donation received towards the purchase of a hoist. The expenditure relates to the depreciation charge on the asset purchased.

The Van Den Broek Fund relates to a donation given to be spent on staff and residents. No expenditure has yet been incurred on this fund as discussions are ongoing as to how best to utilise the funds.

The Trees Fund relates to donations received towards the purchase of trees for the Country Park. This fund was fully expended during the year.

39

THE LODGE TRUST CIO NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF NET ASSETS BETWEEN FUNDS Conbnued The Susan En￿ry ￿nal Sensory Garden Fund rekgks lo dcnal1¢￿S re￿Ve￿ for a re&denl, vtho sadly passed away during the year. The fuThJs are to te L￿1 to ueate a sensory garden wthin the horr£ for the use of residents. There was no expeTraiture inwrred during the year, tmjt work has CCIn￿nC￿l post year end. wrth desKJners er@aged to create the garden. The Van Den 8rcek Staff Bonus Fund relates lo a rec&wJ to gve staff at the Lcége a bonus at Christmas. This was fijlly eyperbjed (knriThJ the yEar. herF The Revenue Hc4Jng Fur￿ is a deswated fuThJ. Its cxJff£s from fees arJ its expendrture is the serwces provided suth as staff, fcoj, heal 8￿d IKJht and maintenance of the bjiklirgs. The Products TradirvJ is also 8 tssignated frjnd this is the fiJtYY is used to bjy raw malenals for Work and EduCat￿S ServKes and the thnty Part ac11v￿eS Iwood, craft rtems, plants, seeds, cafè supplies etc...} Income ￿Me$ from tre sak of wc<lLwIs, ¢2b#i hre, ewavan ar￿ cafè fc¢¥J sdes. The Captal Prq'eds Furvj is a dey'gnated fwd is for wrFoses offvTrJirvJ developrrEnl ath'wb'es of The Trust. Irthme ccmes from tS)natv)ns and interest on bank deFosit holdirgs. The PIP Fund is resthet￿ fuThJ used to gJFpJI resthnts by yctrw"NJ and runniNJ vehKles fcK the be￿fft of residents and fvndiro access lo transport fcf them. The Social is 8lso a restricted fijr￿ fc* ts le￿fft of all residents. Tn￿tee Dr E J Htslges has a dose relative as a ￿$￿￿ent at The Ltslge Tntst Trir residenry is on a nonnal COMMw￿al bass alcfflg the same lir￿ as all other rvidents. The fres rece￿a￿e from the local aut￿)rity for their residency for the year were £73,68412023: £72,252). A5 al 31 Marth 2024 £nil12023'. £5,266) wa5 outstandin9 and ow&a by the bcal auth￿. During the year, donatiorts vilh￿t c0Thaiti'c￿S totallry £3,970 {2022". £3,650) were recerved from trustees.

THE LODGE TRUST CIO NOTES TO THE Accoupifs - FOR THE YEAR ENDED 31 MARCH 2024 15 LEASING COMMITmE￿s The Lothje Trust al 31 3)24 has total lease Co￿l￿ts as folk)wE.' EX￿ring Imthin one year EX￿ring wlhin to five years 7.700 11,112 7,700 18,812 £18,812 £26,512 16 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FRc￿ OPERATING ACTIVITIES 2024 2023 Net nh)vement in fvnds {19,2151 144,522 Add bth: DepreCiat￿n Addlltlbludl.. loss Iwofftl on disposal of assets 112,043 101,797 12,8851 Deduct: Interesl pjbown #i irNesliig 8th￿e$ {19,0311 (10,108) DecteaselllrKreasey li stctk IlncreasellDecrease in debtors IncreasellDecrease) in creditors 11,1281 46,S81 {47,3371 901 28,094 28.709 Net cash generated from OFerats'rvJ athvrties £71,978 £101,986 41

THE LODGE TRUST CIO

NOTES TO THE ACCOUNTS - FOR THE YEAR ENDED 31 MARCH 2024

17 CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2024
Cash & cash equivalents

Year ended 31 March 2023
Cash & cash equivalents		 2024
2023
£1,297,865
£1,272,712
2023
2022
£1,272,712
£1,259,709

18 ANALYSIS OF CHANGES IN NET FUNDS

Net Cash
Cash at bank and in hand
Debt
Total		 At
01/04/23
£
1,272,712
-
£1,272,712		 At
Cashflow
31/03/24
£
£
25,153
1,297,865
-
-
£25,153
£1,297,865

42