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|||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|
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|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|||
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|F|||6|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||2|3,826||3,826|1,103|
|Charitable
activities|||4|||||
|Nursing
and caring||||1,472,622||1,472,622|1,441,842|
|Investment
income|||3|86||86|29|
|Total||||1,476,534||1,476,534|1,442,974|
|EXPENDITURE ON||||||||
|Raising funds|||5|1,430||1,430|2,100|
|Charitable
activities||||||||
|Nursing
and caring||||1,776,771||1,776,771|1,553,254|
|Total||||1,778,201||1,778,201|1,555,354|
|Net gains/(losses)|on investments|||(79,920)||(79,920)|123,847|
|NET INCOME/(EXPENDITURE)||||(381,587)||(381,587)|11,467|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||1,543,589||1,543,589|1,532,122|
|TOTAL FUNDS CARRIED FORWARD||||1,162,002||1,162,002|1,543,589|
||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|
##
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|||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|
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||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|
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|||||||Governance||
|---|---|---|---|---|---|---|---|
||||||Management|costs|Totals|
||||||6|6|F|
|Nursing|and caring||||258,777|14,098|272,875|
|Support|costs, included|||in the above, are as follows:||||
|Management||||||||
|||||||2022|2021|
|||||||Nursing||
|||||||and|Total|
|||||||caring
f|activities
5|
|Wages||||||42,659|43,382|
|Rates and||water||||5,302|7,240|
|Insurance||||||10,167|8,750|
|Light and||heat||||30,407|22,075|
|Telephone||||||4,229|2,903|
|Postage|and||stationery|||1,952|1,243|
|Repairs|and renewals|||||127,962|32.322|
|Cleaning||||||13,511|11,772|
|Legal and||professional||||284|1,760|
|Bank charges||||||135|201|
|Depreciation|||oftangible|assets||22,169|23,890|
|||||||258,777|155,538|
|Governance|||costs|||||
|||||||2022|2021|
|||||||Nursing||
|||||||and|Total|
|||||||caring|activities|
|||||||6|6|
|Wages||||||5,989|5,453|
|Audit fees||||||6,064|5,520|
|Auditors'|remuneration|||for non audit||||
|work||||||2,045|900|
|||||||14,098|11,873|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||8|8|F|
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||1,103||1,103|
|Charitable|activities|||||
|Nursing
and caring|||1,441,842||1,441,842|
|Investment|income||29||29|
|Total|||1,442,974||1,442,974|
|EXPENDITURE ON||||||
|Raising funds|||2,100||2,100|
|Charitable|activities|||||
|Nursing
and caring|||1,553,254||1,553,254|
|Total|||1,555,354||1,555,354|
##
||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|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||6|
|MARKET VALUE||
|At 1 January 2022|1,307,645|
|Dieposals|(209,430)|
|Revaluations|(79,920)|
|At 31 December 2022|1,018,295|
|NET BOOK VALUE||
|At 31 December 2022|1,018,295|
|At 31 December 2021|1,307,645|
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|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2022|2021|
||||||6|
|Other debtors||||12,379|5,711|
|Prepayments|and accrued||income|12,653|7,407|
|||||25,032|13,118|
|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021|
||||||F|
|Social security|and other|taxes||17,372|18,466|
|Other creditors||||1,149|2|
|Accrued expenses||||58,088|66,266|
|||||76,609|84,734|
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|ANALY|SIS OF NET ASSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds
f|funds
f|funds
E|funds|
|Fixed assets||120,402||120,402|141,779|
|Investments||1,018,295||1,018,295|1,307,645|
|Current|assets|99,914||99,914|178,899|
|Current|liabilities|(76,609)||(76,609)|(84,734)|
|||1,162,002||1,162,002|1,543,589|
##
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|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.22|in funds|31.12.22|
||||F||
|Unrestdcted|funds||||
|General fund||1,543,589|(381,587)|1,162,002|
|TOTAL FUNDS||1,543,589|(381,587)|1,162,002|
|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)|
##
|Compar|atives|for movement
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
||||||E|
|Unrestricted||funds||||
|General|fund||1,532,122|11,467|1,543,589|
|TOTAL|FUNDS||1,532,122|11,467|1,543,589|
|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|
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