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2023-06-30-accounts

Page
Legal and administrative information
Report ofthe Board of Trustees 2 —9
Independent
Auditors'		 Report 10 —12
Statement
of Financial		 Activities 13
Balance Sheet 14
Statement
ofCash Flows		 15
Notes tothe Financial Statements 16—33

his metr ic compa res the operating
su		 rplus tototal assets less current liabilities.
Year ended Year ended Comparator
30/06/2023 30/06/2022
Metric 1 Care 0.5% 0.0%
Sheltered O,ON 0.2%
Overall 0.4N 0.1% 34%
Metric 2 0.0% 0.0% 0,0%
Metric 3 (25.1% (18,5 N (16.2 %
Metric 4 14,174.9)N 6 3492% (3409%
Metric 5 Care E43,650 f42,652
Sheltered F.15,715 E17,328
Overall E41,399 E39,596 E25,757
Metric 6 Care (8.6)o 2.5 N
Sheltered (59.6N 54 8)
Overall 8.4 N 5.9% 23.9 N
Metric 7 3.0)N (2.3)% 2.9 %

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Notes 2023 2022
E E
Tangible Fixed Assets
Housing
Properties at Depreciated		 Cost 11 15,772,717 10,195,195
Vehicles 11 16,417 17,683
Fixtures, fittings
and equipment
Investments		 11
12		 244,523
3,750,855		 122,860
1,953,450
19,784,512 12,289,188
Current Assets
Stocks 13 12,144 6,005
Trade and Other Debtors 14 429,487 266,233
Cash and Cash Equivalents 15 4,000,992 1,925,289
4,442,623 2,197,527
Current
Liabilities
Creditors: amounts falling due within one year 16 873,261 574,494
Net Current Assets 3,569,362 1,623,033
Total Assets less Current Liabilities 23,353,874 13,912,221
Long Term Liabilities
Creditors: amounts falling due after one year 17 359,064 34,793
Total Net Assets E22,994,810 E13,877,428
Funds
Unrestricted
Funds		 20 18,946,347 10,944,420
Restricted
Funds		 21 4,048,463 2,933,008
Total Funds E22,994,810 E13,877,428

Notes 2023 2022
f f
Net Cash Generated
From Operating		 Activities (256,813) (21,685)
Cash Flows From Investing
Activities
Purchase of property
components
Purchase ofother fixed assets
Purchase offixed asset investments
Proceeds from sale offixed assets
Disposal ofinvestments
(Note 11)		 (66,362)
(147,474)
2,370,740
162,289		 (7,250)
(64,424)
(1,197,158)
5,389
4,625
Investment
income		 34,183 1,330
Investment
management
fees
Movement
in cash held In investments
Total Cashflows
From Investing
Activities		 (7,939)
~9,237
2,336I200		 (6,385)
~3,473
1,267,346
Cash Flows From Financing
Activities
Interest paid
Repayment
of Loans		 (3,295)
(389)
~(8,684		 (3,329)
~2, 224
~(4,553
Net Change In Cash And Cash Equivalents
Cash And Cash Equivalents
At Beginning		 OfThe Year 2,075,703
1925,289		 (1,293,584)
8,218873
Cash And Cash Equivalents
At End Of		 The Year 8 E4,000,992 E1,925,289
A
Cash Flows From Operating		 Activities
Net (expenditure)/income
for		 the year 9,117,382 1,045,790
Depreciation 291,311 259,779
Investment
Income and Interest Receivable		 (125,249) (43,998)
Interest Payable 3,295 3I329
Non-cash gift on charity combination (8,950,648) (1,439,464)
(Increase)/decrease
In Stock		 (99)
(Increase)/decrease
In Debtors		 (92,470) (146,974)
Increase/(decrease)in
Creditors		 (153,790) 136,735
(Gain)/loss
on sale ofassets		 (357,706) (962)
(Gains)/losses
on investments		 3I222 157,695
Investment
management
fees		 7,939 6,385
f 256,813) ~6(22,685
B
Cash and Cash Equivalents
Bank Balances 4,000,992 1,925,289
f4,000,992 f1,925,289
Analysis
Of Changes
In Net Debt		 At 1"July At 30'"June
2022 Cash Flows 2023
f f f
Cash 1,925,289 2,075,703 4,000,992
Loans falling due within one year
Loans falling due In more than one year		 (350)
~34793		 389 (350)
~34,404
E1890,146 2,075,703 E3,966 238
Page
( 15

Years Years
Land n/a Kitchen 20
Main Structure &Fabric 100 Bathroom/W. C, 30
Roof &Covering 70 Heating/ventilation/plumbing 30
Windows
and External Doors		 30 Electrics 40
Gas Boilers 15 Lift 20
Grounds and gardens 15 Internal structures 20

3. Income from donations
and		 grants 2023 2022
E E
Covid-related
Fund Grants		 3,387 139,076
Donations
and bequests		 88,032 11,955
Total Income from donations and grants E91,419 E151,031
Covld-related
Fund Grants represents		 government grants received to support the SocietYthrough the
Covid19 pandemic. There are no unfulfilled conditions or contingencies
related to government
grants.
Income from charitable activities
Gross fees from accommodation
services		 9,352,658 6,033,591
Less voids (1,182,890) (873,720)
Net fees receivable from accommodation services 8,169,768 5,159,871
Home Care activities 186,129 197,762
Net fees from all activities E8,355,897 E5,357,633
5. Investment
Income
Interest on funds on call and short notice 53,286 1,330
Accumulated
Income		 60,593 42,668
Portfolio dividends
and interest		 11,370
Total Investment
income		 E125,249 E20,593
6, Income from Other Trading Activities
Fundralslng
events		 2,872 3,098
Total Income from Other Trading Activities E2,872 E3,098
Page ) 19

Expenditure
on charitable		 Expenditure
on charitable		 activities activities 2023
E		 2022
f
Employee costs, agency
Catering
Other care expenses		 staff and training 6,580I990
417,495
225,785		 3,924,764
257,190
137,326
Establishment
expenses		 369,926 235,024
Repairs and maintenance 449,237 353,925
Vehicle costs 11,643 7,646
Depreciation
and amortlsation		 291,311 259,782
Residents'
amenities		 56,337 35,189
Interest payable 3,295 3,329
Debt provision
and write-offs		 56,677 34,335
Disposal of assets (962)
Development
costs
General management		 expenses 252,645 37,762
210,603
Support costs (Note 8) 437,227 329,860
Total expenditure
on charitable		 activities E9,152,568 E5,825,773
Supportcosts 2023 2022
E E
Employee costs 183,298 142,932
Administration
costs		 156,980 128,872
Payroll fees 12,173 9,403
Professional fees 62,184 36,663
Auditors'
remuneration		 22,592 11,990
Total support costs E437,227 E329,860

Raising Funds 2023 2022
E E
Investment
management		 fees 7,939 6,385
Costs offundralslng events 1,146 3,461
Total Raising Funds E9,085 E9,846
Page ) 20
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2023 2022
E E
12. Investments
Balance brought forward 1,953,450 872,471
Additions 1,788,395 1,197,158
Accumulated
income		 60,593 42,668
Dlsposals (157,959) (4,650)
Unreallsed gains/(losses) (7,552) (157,670)
Movement in cash 113,928 3,473
E3,750,855 E1,953,450
Within the above are:
Investments at fair value through net income 3,632,252 1,948,775
Cash held by investment managers 118,603 4,675
E3,750,855 E1,953,450
13. Stocks
Household supplies E12,144 E6,005
14. Trade and Other Debtors
Residents' fees 241,668 167,077
Less provision for doubtful debts
241,668 167,077
Other debtors 12,179 2,347
Prepayments and accrued income 175,640 96,809
E429,487 E266,233
15. Cash and Cash Equivalents
COIF Deposit Account 1,230,396
Bank accounts 3,999,097 695,083
Cash in hand 1,895 3,040
E4,000,992 E1,928,519
Page
) 24

Creditors: Amounts
falling due		 within one year
2023 2022
E E
Amount
due on Orchardbrook
Trade creditors
Social Security and PAVE
Other creditors
Accruals and deferred Income		 Limited Loan (Note 17) 350
212,894
154,301
101,916
403(800		 350
171,434
94,514
77,991
230,205
E873,261 E574,494
Creditors: amounts
falling due		 after one year
Recycled Capital Grant Fund
Loan from Orchardbrook
Limited		 Note 19
Note (a)		 324,660
34,404		 34,793
E359,064 E34p793

ocial Housing Gra nt
2023 2022
E E
Aggregate
amount		 received
At 1stJuly 2022
Grant recycled to		 RCGF 3,752,630
(324,660)		 3,752,630
At 30th June 2023 E3,427,970 E3,752,630
Released to SOFA
At 1stJuly 2022
Grant recycled to		 RCGF 3,752,630
(324,660)		 3,752,630
At 30th June 2023 E3,427,970 E3,752,630
Net BookAmount
At 30th June 2022
At 30th June 2023

Recycled Capital Grant Fund 2023 2022
E E
Balance brought forward
Grants recycled		 324,660
Interest accrued
Balance carried forward E324,660 E

Reserves:
Movement During The Year Opening
Balance		 Total
Comprehensive		 Transfers
To/(from)		 Closing
Balance
01/07/2022 Income Reserves 30/06/2023
E E E E
Unrestricted Reserves
Designated Reserves 8,539,803 8,539,803
Revenue Reserve 1,554,617 8,001,927 9,556,544
Prudential Reserve 850,000 850,000
Total Unrestricted Funds 10,944,420 8,001,927 18,946,347
Restricted Funds (Note 21) 2,933,008 1,115,455 4,048,463
E13,877,428 F9,117,382 E22,994,810

Restricted Funds Restricted Funds Restricted Funds Opening Closing
Balance Balance
01/07/2022 Income Expenditure 30/06/2023
E E E E
Hatch Mill Garden Fund 8,299 9,201 17,500
Roundhay 10,000 10,000
Guildford House Fund 60,670 60,670
Disabled Vehicle Fund 950 950
Maitland House Uft Fund 24,425 24,425
Maitland House Resident Financial 49,078 (2,190) 46,888
Support
David Gresham House Premises 1,000,000 1,000,000
Fund
Gresham Fund 272,973 272,973
Fixed Assets Fund 2,779,586 (242,874) 2,536,712
Wey Valley House Staff 78,345 78,345
E2,933,008 E1,360,519 E(245,064) E4,048,463

Employees
2023 2022
f f
Salaries and wages 5,128,960 3,162,198
Employers' Social Security costs 448,244 256,032
Pensions 215,380 146,933
Termination payments 1,960 8,500
f5,794,544 f3,573,633

ForThe Year Ended 30th June 2 2
28. Net Assets by fund Unrestricted Restricted 2023Total
E f f
Fixed Assets
Current Assets		 17,247,800
2,930,872		 2,536,712
1,511,751		 19,784,512
4,442,623
Current Liabilities (873,261) (873,261)
Long Term Liabilities (359,064) (359,064)
Total E18,946,347 E4,048,463 E22,994,810
Unrestricted Restricted 2022Tote I
E f f
Fixed Assets 9,509,602 2,779,586 12,289,188
Current Assets 2,044,105 153,422 2,197,527
Current Liabilities (574,494) (574,494)
Long Term Liabilities (34,793) (34,793)
Total E10,944,420 E2,933,008 E13,877,428

ReserveS: ReserveS: ReserveS:
Prior Year Movement Opening Total Transfers Closing
Balance Comprehensive To/(from) Balance
01/07/2021 Income Reserves 30/06/2022
E f f f
Unrestricted
Funds
Designated
Reserves		 8,539,803 8,539,803
Revenue Reserve 542,352 1,012,265 1,554,617
Prudential
Reserve		 850,000 850,000
Total Unrestricted Funds 9,932,155 1,012,265 10,944,420
Restricted Funds 2,899,483 (33,525) 2,933,008
E12,831,638 f1,045,790 f - f13,877,428
Opening Closing
Balance Balance
Restricted
Funds		 01/07/2021
f		 Income
f		 Expenditure
f		 30/06/2022
f
Hatch Mill Garden Fund 8,299 8,299
Roundhay 10,000 10,000
Gulldford
House		 Fund 60,670 60,670
Disabled Vehicle Fund 950 950
ICF- Hatch Mill 28,825 (28,825)
ICF —Wey Valley House 15,614 (15,614)
ICF —Ridgway Court 9/608 (9,608)
RTF —Hatch Mill 2,161 25,575 (27,736)
RTF —Wey Valley House 291 13,853 (14,144)
RTF —Ridgway Court 8,525 (8,525)
Workforce Recruitment and 26,837 (26,837)
Retention
Fund
Vacdne Fund 2,566 (2,566)
Maitland
House		 Lift Fund 24,425 24,425
Maitland
House		 Resident Financial 49,078 49,078
Support Fund
Maitland
House		 Ground Floor 20,000 (20,000)
Refurbishment Fund
Maltland
House		 Covid Fund 8I873 (8,873)
Fixed Assets Fund 2,817,112 (37,526) 2,779,586
E2,899,483 E233,779 E(200,254) E2,933,008

DRCH ANDS
f f
Housing Properties - Freehold Land and Buildings 3,900,000 3,500,000
Fixtures, Fittings & Equipment 4,440 55,343
Vehicles 3,985
Investments 155,700 1,737,386
Stock 6,040
Debtors 1,351 38,960
Cash at Bank and In Hand 24,008 374,458
Creditors (337,117) (115,440)
E3,752,367 E5,596,747
Represented by:
Unrestricted funds 3,752,367 4,323,774
Restricted Funds 1,272,973
E3,752,367 E5,596,747