| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to | 6 | |
| Independent Examiner's |
Report | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | 9 to | 10 | |
| Cash Flow Statement | |||
| Notes to the Cash Flow | Statement | 12 | |
| Notes to the Financial Statements | 13 to | 22 | |
| Detailed Statement ofFinancial Activities | 23 to | 24 |
| REFERENCE AND ADMINISTRATIVE DETAILS | REFERENCE AND ADMINISTRATIVE DETAILS |
|---|---|
| Independent | Examiner |
| SCMaynell | |
| FCA | |
| Tayabali Tomlin | |
| Chartered Accountants | |
| Kenton House | |
| Oxford Street | |
| Moreton-in-Marsh | |
| Gloucestershire | |
| GL56 OLA | |
| Solicitors | |
| Lodders Solicitors LLP | |
| Number Ten | |
| Elm Court | |
| Ardern Street | |
| Stratford upon | Avon |
| Warwickshire | |
| CV37 7PA | |
| Bankers | |
| Lloyds Bank | |
| 25 High Street | |
| Shipston on Stour | |
| Warwickshire | |
| CV36 5AH |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 732,819 | 732,819 | 617,101 | ||
| Other trading activities | 54,408 | 54,408 | 30,480 | |||
| Investment income |
37,515 | 37,515 | 31,473 | |||
| Other income | 6@00 | 6,300 | 1,800 | |||
| Total | 831,042 | 831,042 | 680,854 | |||
| EXPENDITURE ON | ||||||
| Resources expended | 5 | 265,448 | 265,448 | 226,760 | ||
| Other | 121,174 | 121,174 | 87,106 | |||
| Total | 386,622 | 386,622 | 313,866 | |||
| Net gains on investments | 92,910 | 92,910 | 116,191 | |||
| NET INCOME | 537,330 | 537430 | 483,179 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 1,598,423 | 1,598,423 | 1,115,244 | |||
| TOTAL FUNDS CARRIED FORWARD | 2,135,753 | 2,135,753 | 1,598,423 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 4,104 | 4,104 | 2,498 | |
| Investments | |||||
| Investments | 11 | 1@83,902 | 1@83,902 | 1,224,727 | |
| Investment property |
12 | 346,000 | 346,000 | 250,000 | |
| 1,734,006 | 1,734,006 | 1,477,225 | |||
| CURRENT ASSETS | |||||
| Stocks | 13 | 4/15 | 4/15 | 968 | |
| Debtors | 14 | 167,934 | 167,934 | 14,210 | |
| Cash at bank | 284,089 | 284,089 | 165,762 | ||
| 456,238 | 456/38 | 180,940 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (54,491) | {54,491) | (59,742) | |
| NKT CURRENT ASSETS | 401,747 | 401,747 | 121,198 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,135,753 | 2,135,753 | 1,598,423 | ||
| NKT ASSETS | 2,135,753 | 2,135,753 | 1,598,423 |
| 2,135,753 | 1,598,423 |
|---|---|
| 2,135,753 | 1,598,423 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | |||
| Cash flows from operating activities |
|||
| Cash generated from operations |
284,267 | 360,854 | |
| Net cash provided by operating activities |
284,267 | 360,854 | |
| Cash flows from investing activities |
|||
| Purchase oftangible fixed assets | (3,675) | (1,289) | |
| Purchase offixed asset investments | (162/65) | (110,856) | |
| Purchase ofinvestment property |
(250,000) | ||
| Sale offixed asset investments | 50,000 | ||
| Net cash used in investing activities |
(165,940) | (312,145) | |
| Change in cash and cash equivalents | |||
| in the reporting period |
118,327 | 48,709 | |
| Cash and cash equivalents at the |
|||
| beginning ofthe reporting period |
165,762 | 117,053 | |
| Cash and cash equivalents at the end |
|||
| ofthe reporting period |
284,089 | 165,762 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Net income for the | reporting | period (as per the Statement of | ||
| Financial Activities) | 537,330 | 483,179 | ||
| Adjustments for: |
||||
| Depreciation charges |
2,069 | 1,654 | ||
| Gain on investments | (92,910) | (116,191) | ||
| (Increase)/decrease | in stocks | (3,247) | 71 | |
| (Increase)/decrease | in debtors | (153,724) | 7,907 | |
| Decrease in creditors | (5,251) | (15,766) | ||
| Net cash provided | by operations | 284,267 | 360,854 |
| At 1/7/21 | Cash flow | At 30/6/22 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank | 165,762 | 11S,327 | 2S4,089 |
| 165,762 | 118@27 | 284,089 | |
| Total | 165,762 | 118/27 | 284,0S9 |
| DONATION | S AND LE |
GACIES | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Donations | 197,674 | 487,485 | ||
| Gift aid | 12,493 | 11,830 | ||
| Grants | 522,652 | 117,786 | ||
| 732,819 | 617,101 | |||
| Grants received, included | in the above, are as follows: | |||
| 2022 | 2021 | |||
| Other grants | 522,652 | 117,786 | ||
| OTHER TRADING ACTIVITIES | ||||
| 2022 | 2021 | |||
| Fundraising | events | 54,408 | 30,480 |
| INVEST | MENT INCOME | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Dividends | received | 37,352 | 31,444 |
| Interest income | 163 | 29 | |
| 37,515 | 31,473 |
| Nursing costs |
||
|---|---|---|
| 2022 | 2021 | |
| Staffcosts | 207,324 | 180,383 |
| Training | 3,521 | 409 |
| Equipment | 2,325 | 2,328 |
| Support costs | 6/63 | 8,343 |
| 219,533 | 191,463 |
| Fundraising | Fundraising | costs | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Staffcosts | 37,533 | 31,218 | ||
| Advertising | 8,382 | 4,079 | ||
| 45,915 | 35,297 | |||
| Aggregate | amounts | 265,448 | 226,760 |
| SUPPORT COS | TS | |
|---|---|---|
| Administration | ||
| costs | ||
| Raising donations | and legacies | 6,363 |
| Other resources expended | 121,174 | |
| 127,537 |
| STAF | FCOSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Wages | and salaries | 289,161 | 245,340 |
| Social | security costs | 22/67 | 11,546 |
| Other | pension costs | 5,476 | 5,113 |
| 316,904 | 261,999 |
| The average monthly | number ofemployees | during the year was as follov s: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Total employees | 17 | 16 |
| 9. | COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
617,101 | 617,101 | |||
| Other trading activities | 30,480 | 30,480 | |||
| Investment income |
31,473 | 31,473 | |||
| Other income | 1,800 | 1,800 | |||
| Total | 680,854 | 680,854 | |||
| EXPENDITURE ON | |||||
| Resources expended | 226,760 | 226,760 | |||
| Other | 87,106 | 87,106 | |||
| Total | 313,866 | 313,866 | |||
| Net gains on investments | 116,191 | 116,191 | |||
| NKT INCOME | 483,179 | 483,179 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought forward | 1,115,244 | 1,115,244 | |||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 1,598,423 | 1,598,423 |
| 10. | TANGIBLE FIXED | ASSETS | ||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Plant and | Blld | Computer | ||||
| machinery | fittings | equipment | Totals | |||
| COST | ||||||
| At 1 July 2021 | 2,212 | 1,522 | 3,283 | 7,017 | ||
| Additions | 849 | 2,826 | 3,675 | |||
| At 30June 2022 | 2712 | 2471 | 6,109 | 10,692 | ||
| DEPRECIATION | ||||||
| At 1 Ju13/ 2021 | 1,279 | 776 | 2,464 | 4,519 | ||
| Charge for year | 233 | 399 | 1,437 | 2,069 | ||
| At 30June 2022 | 1,512 | 1,175 | 3,901 | 6,588 | ||
| NET BOOKVALUE | ||||||
| At 30June 2022 | 700 | 1,196 | 2,208 | 4,104 | ||
| At 30June 2021 | 933 | 746 | 819 | 2,498 | ||
| 11. | FIXEDASSETINVKSTMKNTS | |||||
| 2022 | 2021 | |||||
| Shares | 1,183,070 | 1,073,895 | ||||
| Other | 200,832 | 150,832 | ||||
| 1@83,902 | 1,224,727 | |||||
| Additional information |
as follows: | |||||
| Listed | ||||||
| investments | ||||||
| MAIRE VALUE | ||||||
| At 1 July 2021 | 1,073,895 | |||||
| Additions | 112,265 | |||||
| Revaluations | (3,090) | |||||
| At 30June 2022 | 1,183,070 | |||||
| NET BOOKVALUE | ||||||
| At 30June 2022 | 1,183,070 | |||||
| At 30June 2021 | 1,073,895 |
| 13. | STOCKS | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Stocks | 4,215 | 968 | |||
| 14. | DEBTORS: | AMOUNTS FALLING DUE | WITHIN ONE YEAR | ||
| 2022 | 2021 | ||||
| Other debtors | 160,518 | 8,946 | |||
| VAT | 7,416 | 5,264 | |||
| 167,934 | 14,210 | ||||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| Taxation and | social security | 7,658 | 4,194 | ||
| Other creditors | 46,833 | 55,548 | |||
| 54,491 | 59,742 | ||||
| 16. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/7/21 | in funds | 30/6/22 | |||
| Unrestricted | funds | ||||
| General fund | 1,598,423 | 537430 | 2,135,753 | ||
| TOTALFUNDS | 1,598,423 | 537,330 | 2,135,753 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 831,042 | (3S6,622) | 92,910 | 537,330 | |
| TOTAL FUNDS | 831,042 | (386,622) | 92,910 | 537,330 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/7/20 | in funds | 30/6/21 | ||
| Unrestricted | funds | |||
| General fund | 1,115,244 | 483,179 | 1,598,423 | |
| TOTAL FUNDS | 1,115,244 | 483,179 | 1,598,423 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 680,854 | (313,866) | 116,191 | 483,179 | |
| TOTAL FUNDS | 680,854 | (313,866) | 116,191 | 483,179 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/7/20 | in funds | 30/6/22 | ||
| Unrestricted | funds | |||
| General fund | 1,115,244 | 1,020,509 | 2,135,753 | |
| TOTAL FUNDS | 1,115,244 | 1,020,509 | 2,135,753 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 1,511,896 | (700,488) | 209,101 | 1,020,509 | |
| TOTAL FUNDS | 1,511,896 | (700,488) | 209,101 | 1,020,509 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| INCOME | AND | ENDOWMENTS | ||
| Donations | and | legacies | ||
| Donations | 197,674 | 487,485 | ||
| Gift aid | 12,493 | 11,830 | ||
| Grants | 522,652 | 117,786 | ||
| 732,819 | 617,101 | |||
| Other trading activities | ||||
| Fundraising | events | 54,408 | 30,480 | |
| Investment | income | |||
| Dividends | received | 37/52 | 31,444 | |
| Interest income | 163 | 29 | ||
| 37,515 | 31,473 | |||
| Other income | ||||
| Rental income | 6@W | 1,800 | ||
| Total incoming | resources | S31,042 | 680,854 | |
| EXPENDITURE | ||||
| Nursing costs |
||||
| Wages | 189,445 | 169,393 | ||
| Social security | 13,802 | 7,162 | ||
| Pensions | 4,077 | 3,828 | ||
| Training | 3,521 | 409 | ||
| Equipment | 2@25 | 2,328 | ||
| 213,170 | 183,120 | |||
| Fundraising costs |
||||
| Wages | 34,559 | 29,247 | ||
| Social security | 2,196 | 1,258 | ||
| Pensions | 778 | 713 | ||
| Advertising | 8,382 | 4,079 | ||
| 45,915 | 35,297 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Support costs | ||||
| Administration | costs | |||
| %ages | 65,157 | 46,700 | ||
| Social security | 6,269 | 3,126 | ||
| Pensions | 621 | 572 | ||
| Insurance | 6,150 | 5,641 | ||
| Telephone | 3,128 | 3,071 | ||
| Office expenses | 15,187 | 15,374 | ||
| Compliance | 2,129 | 1,370 | ||
| Professional | fees | 17,186 | 15,073 | |
| Rent | 9,641 | 2,868 | ||
| Plant and machinery | 233 | 311 | ||
| Fixtures and | fittings | 399 | 249 | |
| Computer equipment |
1,437 | 1,094 | ||
| 127,537 | 95,449 | |||
| Total resources | expended | 386,622 | 313,866 | |
| Net income before gains and losses | 444,420 | 366,988 | ||
| Gains/(losses) | on | fixed asset investments | ||
| Gains/(losses) | on fixed asset investments | 92,910 | 116,191 | |
| Net income | 537,330 | 483,179 |