| 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 | 25 |
| REFERENCE AND ADMINISTRATIVE DETAILS | REFERENCE AND ADMINISTRATIVE DETAILS |
|---|---|
| Independent | Examiner |
| SC Maynell 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 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 437,835 | 437,835 | 732,819 | ||
| Other trading activities | 47,895 | 47,895 | 54,408 | |||
| Investment income |
42,047 | 42,047 | 37,515 | |||
| Other income | 6,254 | 6,254 | 6,300 | |||
| Total | 534,031 | 534,031 | 831,042 | |||
| EXPENDITURE ON | ||||||
| Resources expended | 5 | 445,497 | 445,497 | 268,807 | ||
| Other | 127,372 | 127,372 | 117,815 | |||
| Total | 572,869 | 572,869 | 386,622- | |||
| Net gains/(losses) on investments |
(37,407) | (37,407) | 92,910 | |||
| NET INCOME/(EXPENDITURE) | (76,245) | (76,245) | 537,330 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
2,135,753 | 2,135,753 | 1,598,423 | |||
| TOTAL FUNDS CARRIED FORWARD | 2,059,508 | 2,059,508 | 2,135,753 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | E | |||||
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 6,724 | 6,724 | 4,104 | ||
| Investments | ||||||
| Investments | 11 | 1,459,298 | 1,459,298 | 1,383,902 | ||
| Investment property |
12 | 346,000 | 346,000 | 346,000 | ||
| 1,812,022 | 1,812,022 | 1,734,006 | ||||
| CURRENT ASSETS | ||||||
| Stocks | 13 | 3,280 | 3,280 | 4,215 | ||
| Debtors | 14 | 55,578 | 55,578 | 167,934 | ||
| Cash at bank | 231,030 | 231,030 | 284,089 | |||
| 289,888 | 289,888 | 456,238 | - . | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
15 | (42,402) | (429402) | (54,491) | ||
| NET CURRENT ASSETS | 247,486 | 247,486 | 401,747 | |||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 2,059,508 | 2,059,508 | 2,135,753 | |||
| NET ASSETS | 2,059,508 | 2,059,508 | 2,135,753 |
| FUNDS | 16 | |||
|---|---|---|---|---|
| Unrestricted | funds | 2,059,508 | 2,135,753 | |
| TOTAL FUNDS | 2,059,508 | 2,135,753 |
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | |||
| Cash flows from operating activities |
|||
| Cash generated from operations |
68,416 | 287,345 | |
| Interest paid | (2,742) | (3,078) | |
| Net cash provided by operating activities |
65,674 | 284,267 | |
| Cash flows from investing | activities | ||
| Purchase oftangible fixed | assets | (5,930) | (3,675) |
| Purchase offixed asset investments | (112,803) | (162,265) | |
| Net cash used in investing | activities | (118,733) | (165,940) |
| Change in cash and cash | equivalents | ||
| in the reporting period |
(53,059) | 118,327 | |
| Cash and cash equivalents | at the | ||
| beginning ofthe reporting |
period | 284,089 | 165,762 |
| Cash and cash equivalents | at the end | ||
| ofthe reporting period |
231,030 | 284,089 |
| OPERATING ACTIVITI | ES | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Net (expenditure)/income | for the reporting | period (as per the | ||
| Statement ofFinancial Activities) | (76,245) | 537,330 | ||
| Adjustments for: |
||||
| Depreciation charges |
3,310 | 2,069 | ||
| Losses/(gain) on investments |
37,407 | (92,910) | ||
| Interest paid | 2,742 | 3,078 | ||
| Decrease/(increase) in stocks |
935 | (3,247) | ||
| Decrease/(increase) in debtors |
112,356 | (153,724) | ||
| Decrease in creditors | (12,089) | (5,251) | ||
| Net cash provided by operations |
68,416 | 287,345 |
| ANALYSIS OF CHANGES IN NE | T FUNDS | ||
|---|---|---|---|
| At 1/7/22 | Cash flow | At 30/6/23 | |
| Net cash | |||
| Cash at bank | 284,089 | (53,059) | 231,030 |
| 284,089 | (53,059) | 231,030 | |
| Total | 284,089 | (53,059) | 231,030 |
| DONATION | S AND LE |
GACIES | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Donations | 283,315 | 197,674 | |||
| Gift aid | 22,075 | 12,493 | |||
| Grants | 132,445 | 522,652 | |||
| 437,835 | 732,819 | ||||
| Grants received, included | in the above, are as follows: | ||||
| 2023 | 2022 | ||||
| Other grants | 132,445 | 522,652 | |||
| 3. | OTHER TRADING ACTIVITIES | ||||
| 2023 | 2022 | ||||
| Fundraising | events | 47,895 | 54,408 |
| INVESTM | ENT INCOME | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Dividends | received | 33,506 | 37,352 |
| Interest income | 8,541 | 163 | |
| 42,047 | 37,515 |
| Nursing costs |
Nursing costs |
||
|---|---|---|---|
| 2023 | 2022 | ||
| Staffcosts | 339,246 | 207,324 | |
| Training | 24 | 2,770 | |
| Equipment | 815 | 2,316 | |
| Office expenses | 490 | 649 | |
| Compliance | 1,282 | 227 | |
| Professional | fees | 654 | 925 |
| 342,511 | 214,211 | ||
| Fundraising | costs | ||
| 2023 | 2022 | ||
| Staffcosts | 71,259 | 37,533 | |
| Advertising | 5,806 | 8,315 | |
| Office expenses | 15,593 | 2,385 | |
| Professional | fees | 10,161 | 6,363 |
| Insurance | 167 | ||
| 102,986 | 54,596 | ||
| Aggregate amounts |
445,497 | 268,807 |
| Administration | |||||
|---|---|---|---|---|---|
| Finance | costs | Totals | |||
| Other | resources | expended | 668 | 123,962 | 1249630 |
| STAF | FCOSTS | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Wages | and salaries | 434,640 | 289,161 |
| Social | security costs | 37,516 | 22,267 |
| Other | pension costs | 9,768 | 5,476 |
| 481,924 | 316,904 |
| 2023 | 2022 | ||
|---|---|---|---|
| Total | employees | 19 | 17 |
| COMPARATIVES F | ORTHE STATEMENT OF | FINANCIAL ACTIV | ITIES | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
732,819 | 732,819 | ||
| Other trading activities | 54,408 | 54,408 | ||
| Investment income |
37,515 | 37,515 | ||
| Other income | 6,300 | 6,300 | ||
| Total | 831,042 | 831,042 | ||
| EXPENDITURE ON | ||||
| Resources expended | 268,807 | 268,807 | ||
| Other | 117,815 | 117,815 | ||
| Total | 386,622 | 386,622 | ||
| Net gains on investments | 92,910 | 92,910 | ||
| NET INCOME | 537,330 | 537,330 | ||
| RECONCILIATION | OFFUNDS | |||
| Total funds brought forward |
1,598,423 | 1,598,423 | ||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 2,135,753 | 2,135,753 |
| Fixtures | ||||||
|---|---|---|---|---|---|---|
| Plant and | and | Computer | ||||
| machinery | fittings | equipment | Totals | |||
| COST | ||||||
| At 1 July 2022 |
2,212 | 2,371 | 6,109 | 10,692 | ||
| Additions | 2,204 | 2,694 | 1,032 | 5,930 | ||
| At 30June | 2023 | 4,416 | 5,065 | 7,141 | 16,622 | |
| DEPRECIATION | ||||||
| At 1 July 2022 | 1,512 | 1,175 | 3,901 | 6,588 | ||
| Charge for | year | 726 | 973 | 1,611 | 3,310 | |
| At 30June | 2023 | 2,238 | 2,148 | 5,512 | 9,898 | |
| NET BOOK VALUE | ||||||
| At 30June | 2023 | 2,178 | 2,917 | 1,629 | 6,724 | |
| At 30June | 2022 | 700 | 1,196 | 2,208 | 4,104 | |
| FIXEDASSETINVESTMENTS | ||||||
| 2023 | 2022 | |||||
| Shares | 1,158,466 | 1,183,070 | ||||
| Other | 300,832 | 200,832 | ||||
| 1,459,298 | 1,383,902 | |||||
| Additional | information | as follows: | ||||
| Listed | ||||||
| investments | ||||||
| MARKET | VALUE | |||||
| At 1 July 2022 | 1,183,070 | |||||
| Additions | 12,803 | |||||
| Revaluations | (37,407) | |||||
| At 30June | 2023 | 1,158,466 | ||||
| NET BOOK VALUE | ||||||
| At 30June | 2023 | 1,158,466 | ||||
| At 30June | 2022 | 1,183,070 | ||||
| Page18 | continued. .. |
| 13. | STOCKS | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Stocks | 3,280 | 4,215 | |||
| 14. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | ||||
| Other debtors | 50,367 | 160,518 | |||
| VAT | 5,156 | 7,416 | |||
| Prepayments | 55 | ||||
| 55,578 | 167,934 | ||||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | ||||
| Taxation and | social security | 11,558 | 7,658 | ||
| Other creditors | 30,844 | 46,833 | |||
| 42,402 | 54,491 | ||||
| 16. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/7/22 | in funds | 30/6/23 | |||
| Unrestricted | funds | ||||
| General fund | 2,135,753 | (76,245) | 2,059,508 | ||
| TOTAL FUNDS | 2,135,753 | (76,245) | 2,059,508 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 534,031 | (572,869) | (37,407) | (76,245) | |
| TOTAL FUNDS | 534,031 | (572,869) | (37,407) | (76,245) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/7/21 | in funds | 30/6/22 | ||
| Unrestricted | funds | |||
| General fund | 1,598,423 | 537,330 | 2,135,753 | |
| TOTAL FUNDS | 1,598,423 | 537,330 | 2,135,753 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 831,042 | (386,622) | 92,910 | 537,330 | |
| TOTAL FUNDS | 831,042 | (386,622) | 92,910 | 537,330 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/7/21 | in funds | 30/6/23 | ||
| Unrestricted | funds | |||
| General fund | 1,598,423 | 461,085 | 2,059,508 | |
| TOTAL FUNDS | 1,598,423 | 461,085 | 2,059,508 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 1,365,073 | (959,491) | 55,503 | 461,085 | |
| TOTAL FUNDS | 1,365,073 | (959,491) | 55,503 | 461,085 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| INCOME | AND | ENDOWMENTS | ||
| Donations | and | legacies | ||
| Donations | 283,315 | 197,674 | ||
| GiA aid | 22,075 | 12,493 | ||
| Grants | 132,445 | 522,652 | ||
| 437,835 | 732,819 | |||
| Other trading activities | ||||
| Fundraising | events | 47,895 | 54,408 | |
| Investment | income | |||
| Dividends | received | 33,506 | 37,352 | |
| Interest income | 8,541 | 163 | ||
| 42,047 | 37,515 | |||
| Other income | ||||
| Rental income | 6,254 | 6,300 | ||
| Total incoming | resources | 534,031 | 831,042 | |
| EXPENDITURE | ||||
| Nursing costs |
||||
| Wages | 305,922 | 189,445 | ||
| Social security | 25,891 | 13,802 | ||
| Pensions | 7,433 | 4,077 | ||
| Training | 24 | 2,770 | ||
| Equipment | 815 | 2,316 | ||
| Office expenses | 490 | 649 | ||
| Compliance | 1,282 | 227 | ||
| Professional | fees | 654 | 925 | |
| 342,511 | 214,211 | |||
| Fundraising | costs | |||
| Wages | 64,536 | 34,559 | ||
| Carried forward | 64,536 | 34,559 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Fundraising costs |
|||||
| Brought forward | 64,536 | 34,559 | |||
| Social security | 5,094 | 2,196 | |||
| Pensions | 1,629 | 778 | |||
| Advertising | 5,806 | 8,315 | |||
| Office expenses | 15,593 | 2,385 | |||
| Professional fees |
10,161 | 6,363 | |||
| Insurance | 167 | ||||
| 102,986 | 54,596 | ||||
| Other | |||||
| Property management | fee | 940 | 2,828 | ||
| Repairs and maintenance | 1,802 | 250 | |||
| 2,742 | 3,078 | ||||
| Support costs | |||||
| Finance | |||||
| Bank charges | 668 | 673 | |||
| Administration | costs | ||||
| Wages | 64,182 | 65,157 | |||
| Social security | 6,531 | 6,269 | |||
| Pensions | 706 | 621 | |||
| Insurance | 6,014 | 6,150 | |||
| Telephone | 2,683 | 3,128 | |||
| Office expenses | 15,376 | 12,307 | |||
| Compliance | $62 | 1,902 | |||
| Professional fees |
8,988 | 7,070 | |||
| Rent | 15,310 | 9,391 | |||
| Plant and machinery | 726 | 233 | |||
| Fixtures and fittings | 973 | 399 | |||
| Computer equipment |
1,611 | 1,437 | |||
| 123,962 | 114,064 | ||||
| Total resources expended | 572,869 | 386,622 | |||
| Net (expenditure)/income | before gains | ||||
| and losses | (38,83$) | 444,420 |
| 2023 | 2022 | ||
|---|---|---|---|
| Gains/(losses) | on fixed asset investments | ||
| Gains/(losses) | on fixed asset investments | (37,407) | 92,910 |
| Net (expenditure)/income | (76,245) | 537,330 |