2021-08-31-accounts - Watermoor House Rch

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		Page
Reference and Administrative	Details
Chair's Report
Report ofthe Trustees		3 to	8
Report ofthe Independent Auditor		9 to	11
Statement of Financial Activities		12
Statement ofFinancial Position		13
Statement ofCash Flows		14
Notes to the Statement ofCash	Flows	15
Notes to ihe Financial Statements		16 to	26

							31.8.21	31.8.20
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes		E	F	F
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				2,428	9,446	11,874	3,805
Charitable	activities
Residential	Care				1,469,974		1,469,974	1,441,481
Investment	income				586		586	780
Other income					57,444	24,109	81,553	58,865
Total					1,530,432	33,555	1,563,987	1,504,931
EXPENDITURE ON
Charitable	activities
Residential	Care				1,377,318	9,022	1,386,340	1,430,407
NET INCOME					153,114	24,533	177,647	74,524
Transfers	between	funds		19	23,251	(23,251)
Net movement in funds					176,365	1,282	177,647	74,524
RECONCILIATION		OF FUNDS
Total funds	brought	forward			925,108	18,822	943,930	869,406
TOTAL FUNDS CARRIED FORWARD					1,101,473	20,104	1,121,577	943,930

					31.8.21	31.8.20
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	E		F
FIXEDASSETS
Tangible assets		13	792,950	4,515	797,465	781,077
investments		14	15,009		15,009	15,009
			807,959	4,515	812,474	796,086
CURRENT ASSETS
Stocks		15	4 448		4,448	5,177
Debtors		16	33,315		33,315	26,635
Cash at bank and	in hand		317,947	15,589	333,536	180,116
			355,710	15,589	371,299	211,928
CREDITORS
Amounts falling due within one year		17	(62,196)		(62,196)	(64,084)
NET CURRENT ASSETS			293,514	15,589	309,103	147,844
TOTAL ASSETS	LESSCURRENT
LIABILITIES			1,101,473	20,104	1,121,577	943,930
NET ASSETS			1,101,473	20,104	1,121,577	943,930
FUNDS		19
Unrestricted funds					1,101,473	925,108
Restricted funds					20,104	18,822
TOTAL FUNDS					1,121,577	943,930

		FOR T	HE YEAR ENDE	D 31AUGUST 2021
				31.8.21	31.8.20
			Notes
Cash flows from operating		activities
Cash generated from operations				189,066	67,047
Net cash provided by operating activities				189,066	67,047
Cash flows from investing		activities
Purchase oftangible fixed assets Sale oftangible fixed assets				(38,482) 2,250	(35,597)
Interest received				145	293
Dividends received				441	487
Net cash used in investing	activities			(35,646)	(34,817)
Change in cash and cash		equivalents
in the reporting period Cash and cash equivalents		at the		153,420	32,230
beginning ofthe reporting		period		180,116	147,886
Cash and cash equivalents		at the end
ofthe reporting period				333,536	180,116

	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31AUGUST 2021
RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
					31.8.21	31.8.20
Net income for the	reporting		period (as per the	Statement of
Financial Activities)					177,647	74,524
Adjustments for:
Depreciation charges Loss on disposal offixed assets					17,729 2,115	11,742 937
Interest received Dividends received Decrease/(increase) in stocks Increase in debtors Decrease in creditors					(145) (441) 729 (6,680) (1,888)	(293) (487) (447) (8,018) (10,911)
Net cash provided	by operations				189,066	67,047
ANALYSIS OF CHANGES		IN	NET FUNDS
				At 1.9.20	Cash flow	At 31.8.21
Net cash
Cash at bank and in	hand			180,116	153,420	333,536
				180,116	153,420	333,536
Total				180,116	153,420	333,536

DONATIONS AND	LEGA	CIES
				31.8.21 F	31.8.20 f
Donations				11,874	3,805
INVESTMENT INCOME
				31.8.21	31.8.20
				F	E
Income from unlisted	investments			441	487
Deposit account interest				145	293
				586	780
INCOME FROM CHARITABLE ACTIVITIES
				31.8.21	31.8.20
		Activity
Received from residents Received from Local		Residential	Care	1,134,000	1,161,333
Authority Income from Lodge Grants		Residential Residential Residential	Care Care Care	327,574 8,400	261,788 8,360 10,000
				1,469,974	1,441,481

Grants recei	ved, included in the above, are as f	ollows:
		.31.8.21	31.8.20
Big Lottery			10,000
OTHER INCOME
		31.8.21	31.8.20
Government	grants	81,553	58,865

		31.8.21	31.8.20
Infection Control Grant		45,660	38,100
Rapid testing fund		24,109
Coronavirus Job Retention Scheme Care home visiting grant		8,784 3,000	13,279
Coronavirus Community Support Coronavirus Statutory Sick Pay	Fund Rebate Scheme		5,472 2,014
		81,553	58,865

CHARITABLE ACTIVITIES CO
		Direct	Support
		Costs (see	costs (see
		note 7) f	note 8)	Totals f
Residential Care		1,379,590	6,750	1,386,340
DIRECT COSTS OF CHARITABLE ACTIVITIES
			31.8.21 f	31.8.20 f
Staff costs Subscriptions and registration fees Light and heat Postage, stationery, advertising, telephone Equipment rental and maintenan Other house expenses Food Property maintenance &repairs Other property expenses Accountancy 8 payroll Bad debts	and sundries		1,035,419 6,079 29,942 48,478 40,395 37,206 84,630 65,463 10,960 420 94	1,095,195 5,779 31,636 56,722 35,226 41,852 82,907 49,107 9,068 3,300 12
Motor vehicle expenses			660
Depreciation Loss on sale ofassets			17,729 2,115	11,742 937
			1,379,590	1,423,483

SUPPORT COSTS
			Governance
			costs
Residential Care			6,750
Support costs, included	in the above, are as follows:
		31.8.21	31.8.20
		Residential	Total
		Care	activities
			E
Auditors' remuneration		6,750	6,924
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		31.8.21	31.8.20
			F
Auditors' remuneration		6,750	6,924
Depreciation - owned assets		17,729	11,742
Deficit on disposal offixed assets		2,115	937

STAFF COSTS
			31.8.21	31.8.20
				f.
Wages and salaries Social security costs Other pension costs			952,191 64,900 18,328	1,008,258 65,344 21,593
			1,035,419	1,095,195
The average monthly	number ofemployees	during the year was as follows:
			31.8.21	31.8.20
Administration			5	5
Support			48	48
			53	53

Business and Marketing Manager, Finance Officer and Administrator. The the key management personnel was 2146,643 (2020:6136,443).	Business and Marketing Manager, Finance Officer and Administrator. The the key management personnel was 2146,643 (2020:6136,443).	Business and Marketing Manager, Finance Officer and Administrator. The the key management personnel was 2146,643 (2020:6136,443).	Business and Marketing Manager, Finance Officer and Administrator. The the key management personnel was 2146,643 (2020:6136,443).	total cost to	the charity
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			F	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				3,805	3,805
Charitable activities
Residential Care			1,431,481	10,000	1,441,481
Investment income			780		780
Other income			58,865		58,865
Total			1,491,126	13,805	1,504,931
EXPENDITURE ON
Charitable activities
Residential Care			1,429,499	908	1,430,407
NET INCOME			61,627	12,897	74,524
RECONCILIATION	OF FUNDS
Total funds brought	forward		863,481	5,925	869,406
TOTAL FUNDS CARRIED FORWARD			925,108	18,822	943,930

TANGIBLE FIXEDASSETS
		Fixtures,
	Freehold	fittings
	property	& equipment	Minibus	Totals
	E			F
COST
At 1 September 2020	675,393	234,252	13,500	923,145
Additions		13,487	24,995	38,482
Disposals		(10,549)	(13,500)	(24,049)
At 31 August 2021	675,393	237,190	24,995	937,578
DEPRECIATION
At 1 September 2020		128,568	13,500	142,068
Charge for year		11,480	6,249	17,729
Eliminated on disposal		(6,184)	(13,500)	(19,684)
At 31August 2021		133,864	6,249	140,113
NET BOOK VALUE
At 31 August 2021	675,393	103,326	18,746	797,465
At 31 August 2020	675,393	105,684		781,077

		Unlisted
		investments
MARKET VALUE
At 1 September 2020 and
31August 2021		15,009
NET BOOK VALUE
At 31August 2021		15,009
At 31August 2020		15,009
There were no investment	assets outside the UK.

15.	STOCKS			FOR THE YEAR ENDED 31AUGUST 2021
					31.8.21	31.8.20
					F	E
	Kitchen and housekeeping			stocks	4,448	5,177
16.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.8.21	31.8.20
					E
	Trade debtors Other debtors				18,342 1,932	5,935 7,286
	Prepayments	and accrued		income	13,041	13,414
					33,315	26,635
17.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.8.21	31.8.20
	Creditors for operating activities Social security and other taxes Accrued expenses				17,151 37,989 7,056	27,788 24,616 11,680
					62,196	64,084

Minimum lease payments under non-c	ancellable operating	leases fall due	as follows:
			31.8.21	31.8.20
Within one year Between one and five years			6,270 2,179	8,788 11,050
			8,449	19,838
MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.9.20 F	in funds	funds E	31.8.21 f
Unrestricted funds
General fund Major projects and improvement	885,691 39,417	153,114	(37,332) 60,583	1,001,473 100,000
Restricted funds	925,108	153,114	23,251	1,101,473
Dining room renovations Minibus Rapid testing	5,017 13,805	(502) 9,446 15,589	(23,251)	4,515 15,589
	18,822	24,533	(23,251)	20,104
TOTAL FUNDS	943,930	177,647		1,121,577

Net movemen	t in funds, included in the a	bove are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted	funds
General fund		1,530,432	(1,377,318)	153,114
Restricted funds
Dining room Minibus Rapid testing	renovations	9,446 24,109	(502) (8,520)	(502) 9,446 15,589
		33,555	(9,022)	24,533
TOTAL FUNDS		1,563,987	(1,386,340)	177,647

				Net
				movement	At
			At 1.9.19	in funds	31.8.20
			F
Unrestricted funds
General fund Major projects and improvement			798,282 65,199	87,409 (25,782)	885,691 39,417
Restricted funds			863,481	61,627	925,108
Dining room renovations Minibus			5,925	(908) 13,805	5,017 13,805
			5,925	12,897	18,822
TOTAL FUNDS			869,406	74,524	943,930
Comparative net movement	in funds,	included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F		F
Unrestricted funds
General fund Major projects and improvement			1,491,126	(1,403,717) (25,782)	87,409 (25,782)
Restricted funds			1,491,126	(1,429,499)	61,627
Dining room renovations Minibus			13,805	(908)	(908) 13,805
			13,805	(908)	12,897
TOTAL FUNDS			1,504,931	(1,430,407)	74,524