2022-12-31-accounts - Home Of Comfort

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees	1	to	8
Report ofthe Independent Auditors	9	to	11
Statement of Financial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16 to		24

REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	DETAILS
Auditors
Morris Crocker Limited
Chartered Accountants
Statutory Auditors
Station House
North Street
Havant
Hampshire
PO9 1QU
Bankers
CAF Bank
25 Kings Hill	Avenue
West Mailing
Kent
MR19 4JQ
Solicitors
Lester Aldridge
Russell House
Oxford Road
Bournemouth
BH8 8EX
Investment	Portfolio Managers
Aberdeen Standard
280 Bishopsgate
London
EC2M 4AG

	HOIBE OF COIIIFORT B~CESH~ 31DECEIBBER2%2
	Notes	2022	2021
	12 13	120,402 1.016,295	141,779 'l,307,645
CREDITORS
Amounts faifing due whhin one year	15
		23,305	94,165
TOTAL ASSETSLESSCURRENT
LIABILITIES
NETASSETS
FUNDS
Unresbtcted funds
		1,182.002	1,543,689
TOTAL FUNDS
		1,182.002	1,543,589

		CASH FLOW S FOR THE YEAR ENDED	TATEMENT 31 DECEMBER 2022
			2022	2021
		Notes	5	E
Cash flows from	operating	activities
Cash generated from operations 1			(299,623)	(85,867)
Net cash used in	operating	activities	(299,623)	(85,867)
Cash flows from	investing	activities
Purchase oftangible fixed assets			(792)	(18,358)
Sale offixed asset investments			209,430	202,100
Interest received			86	29
Net cash provided	by investing activities		208,724	183,771
Change in cash	and cash	equivalents
in the reporting	period		(90,899)	97,904
Cash and cash equivalents		at the
beginning ofthe	reporting	period	165,781	67,877
Cash and cash equivalents		at the end
ofthe reporting	period		74,882	165,781

	FOR THE YEAR ENDED 31 DE	FOR THE YEAR ENDED 31 DE	FOR THE YEAR ENDED 31 DE	FOR THE YEAR ENDED 31 DE	CEMBER 2022
RECONCILIATION	OF NET (EXPENDITURE)/INCOME				TO NET CASH	FLOW FROM	OPERATING
ACTIVITIES
						2022	2021
						F	6
Net (expenditure)/income			for the reporting	period (as	per the
Statement of Financial Activities)						(381,587)	11,467
Adjustments for: Depreciation charges						22,169	23,890
Losses/(gain) on investments						79,920	(123,847)
Interest received						(86)	(29)
(Increase)/decrease		in debtors				(11,914)	5,332
Decrease in creditors						(8,125)	(2,680)
Net cash used in	operations					(299,623)	(85,867)
ANALYSIS OF CHANGES			IN NET FUNDS
					At 1.1.22	Cash flow	At 31.12.22
						6
Net cash
Cash at bank and	in	hand			165,781	(90,899)	74,882
					165,781	(90,899)	74,882
Total					165,781	(90899)	74 882

	INCOME FROM	CHA	RIT	AB	LE ACT	IVITIES
								2022	2021
					Activity
	Fees				Nursing	and caring		1,429,356	1,347,684
	Other incoming	resources			Nursing	and caring		2,829	27
	Grants				Nursing	and caring		40,437	94,131
								1,472,622	1,441,842
	Grants received,	included		in	the above, are as follows:
								2022	2021
								F	F
	COVID-19 support							40,437	94,131
5.	RAISING FUNDS
	Investment management			costs
								2022	2021
								F	5
	Portfolio management							1,430	2,100
6.	CHARITABLE ACTIVITIES COSTS
							Direct	Support
							Costs (see	costs (see
							note 7) F	note 8) f	Totals E
	Nursing and caring						1,503,896	272,875	1,776,771
	DIRECT COSTSOF		CHARITABLE			ACTIVITIES
								2022	2021
								8
	Staff costs							1,271,492	1,222,902
	Agency costs							17,915	8,319
	Sundries							6,217	12,779
	Provisions							50,255	40,904
	Medical and comfort		supplies					11,084	21,745
	Staff advertisements		and	training				7,712	5,493
	Staff uniforms							1,532	861
	Registration fee							5,289	5,229
	Bursaries							132,400	67,611
								1,503,896	1,385,843

	FOR THE YEAR ENDED 31 DECE	FOR THE YEAR ENDED 31 DECE	FOR THE YEAR ENDED 31 DECE	MBER 2022	MBER 2022
11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES - continued
				Unrestricted	Restricted	Total
				funds 6	funds f	funds F
	Net gains on investments			123,847		123,847
	NET INCOME			11,467		11,467
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		1,532,122		1,532,122
	TOTAL FUNDS CARRIED FORWARD			1,543,589		1,543,589
12.	TANGIBLE FIXEDASSETS
				Improvements	Fixtures
			Freehold	to	and
			property	property	fittings	Totals
			6	6	F
	COST
	At 1 January 2022		151,514	165,620	116,173	433,307
	Additions				792	792
	Disposals			(37,239)	(3,429)	(40,668)
	At 31 December 2022		151,514	128,381	113,536	393,431
	DEPRECIATION
	At 1 January 2022		71,195	117,649	102,684	291,528
	Charge for year		3,030	12,654	6,485	22,169
	Eliminated on disposal			(37,239)	(3,429)	(40,668)
	At 31 December 2022		74,225	93,064	105,740	273,029
	NET BOOK VALUE
	At 31 December 2022		77,289	35,317	7,796	120,402
	At 31 December 2021		80,319	47,971	13,489	141,779

Net movement	in funds, included	in the above are as follo	ws:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					8
Unrestricted	funds
General fund		1,476,534	(1,778,201)	(79,920)	(381,587)
TOTAL FUNDS		1,476,534	(1,778,201)	(79,920)	(381,587)

Compara	tive	net movement in fu	nds, included in the abov	e are as follows:
			Incoming	Resources	Gains and	Movement
			resources 5	expended 8	losses F	in funds f
Unrestricted		funds
General	fund		1,442,974	(1,555,354)	123,847	11,467
TOTAL	FUNDS		1,442,974	(1,555,354)	123,847	11,467