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|||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|
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|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|
##
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|||||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|
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|||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|
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|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|
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|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|
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|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||||
##
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##
|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|
##
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##
|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|
##
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##
||||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|