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2022-08-31-accounts
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|
Page |
|
| Reference and Administrative Details |
|
1 |
|
| Chair's Report |
|
2 |
|
| Report of the Trustees |
3 |
to |
8 |
| Report of the Independent Auditor |
9 |
to |
11 |
| Statement of Financial Activities |
|
12 |
|
| Statement of Financial Position |
|
13 |
|
| Statement of Cash Flows |
|
14 |
|
| Notes to the Statement of Cash Flows |
|
15 |
|
| Notes to the Financial Statements |
16 |
to |
26 |
| FOR TH |
E YEAR E |
NDED 31 AUGU |
ST 2022 |
|
|
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
|
|
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
3 |
1,111 |
|
1,111 |
11,874 |
| Charitable activities |
5 |
|
|
|
|
| Residential Care |
|
1 ,297,937 |
|
1297,937 |
|
| Investment income |
4 |
396 |
|
396 |
586 |
| Other income |
6 |
35,310 |
29,732 |
65,042 |
81,553 |
| Total |
|
|
29,732 |
|
|
| EXPENDITURE ON |
|
|
|
|
|
| Charitable activities |
7 |
|
|
|
|
| Residential Care |
|
|
49,369 |
1,369,946 |
1,386,340 |
| NET INCOME/(EXPENDITURE) |
|
14,177 |
(19,637) |
(5,460) |
177,647 |
| Transfers betweenfunds |
20 |
(3,597) |
3,597 |
|
|
| Netmovement in funds |
|
10,580 |
(16,040) |
(5,460) |
177,647 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
1,101,473 |
20,104 |
1,121,577 |
943,930 |
| TOTAL FUNDS CARRIED FORWARD |
|
1,112,053 |
4,064 |
1,116,117 |
1,121,577 |
|
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Unrestricted |
Restricted |
|
Total |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
Notes |
|
|
|
|
|
| FIXED ASSETS |
|
|
|
|
|
|
| Tangible assets |
14 |
780,398 |
4 |
,064 |
784,462 |
797,465 |
| Investments |
15 |
15,009 |
|
|
15,009 |
15,009 |
|
|
795,407 |
4,064 |
|
799,471 |
812,474 |
| CURRENT ASSETS |
|
|
|
|
|
|
| Stocks |
16 |
5,828 |
|
|
5,828 |
4,448 |
| Debtors |
17 |
50,751 |
|
|
50,751 |
33,315 |
| Cash at bankand in hand |
|
306,434 |
|
|
306,434 |
333,536 |
|
|
363,013 |
|
|
363,013 |
371 ,299 |
| CREDITORS |
|
|
|
|
|
|
| Amounts falling due within one year |
18 |
(46,367) |
|
|
(46,367) |
(62,196) |
| NET CURRENT ASSETS |
|
316,646 |
|
|
316,646 |
309,103 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
|
| LIABILITIES |
|
1,112,053 |
|
|
1,116,117 |
1,121,577 |
| NET ASSETS |
|
|
4,064 |
|
1,116,117 |
1,121,577 |
| FUNDS |
20 |
|
|
|
|
|
| Unrestricted funds |
|
|
|
|
1,112,053 |
1,101 ,473 |
| Restricted funds |
|
|
|
|
|
20,104 |
| TOTAL FUNDS |
|
|
|
|
1,116,117 |
1,121,577 |
| FOR T |
HE YEAR ENDED 3 |
1 AUGUST 2022 |
|
|
|
31.8.22 |
31.8.21 |
|
Notes |
|
|
| Cash flows from operating activities |
|
|
|
| Cash generated from operations |
1 |
(25,482) |
189,066 |
| Net cash (used in)/provided by operating |
activities |
(25,482) |
189,066 |
| Cash flows from investing activities |
|
|
|
| Purchase of tangible fixed assets |
|
(2,016) |
(38,482) |
| Sale of tangible fixed assets |
|
|
2,250 |
| Interest received |
|
1 |
145 |
| Dividends received |
|
395 |
441 |
| Net cash used in investing activities |
|
(1 ,620) |
(35,646) |
| Change in cash and cash equivalents |
|
|
|
| in the reporting period |
|
(27,102) |
153,420 |
| Cash and cash equivalents at the |
|
|
|
| beginning of the reporting period |
|
333,536 |
180,116 |
| Cash and cash equivalents at the end |
|
|
|
| of the reporting period |
|
306,434 |
333,536 |
| ACTIVITIES |
|
|
|
31.8.22 |
31.8.21 |
| Net(expenditure)/income for the reporting period (as per the |
|
|
| Statement of Financial Activities) |
(5,460) |
177,647 |
| Adjustments for: |
|
|
| Depreciation charges |
15,019 |
17,729 |
| Loss on disposal of fixed assets |
|
2,115 |
| Interest received |
(1) |
(145) |
| Dividends received |
(395) |
(441 ) |
| (Increase)/decrease in stocks |
(1,380) |
729 |
| Increase in debtors |
(17,436) |
(6,680) |
| Decrease in creditors |
(15,829) |
(1,888) |
| Net cash (used in)/provided by operations |
(25,482) |
189,066 |
|
At 1.9.21 |
Cash flow |
At 31.8.22 |
| Net cash |
|
|
|
| Cash at bank and in hand |
333,536 |
(27,102) |
306,434 |
|
333,536 |
(27,102) |
306,434 |
| Total |
333,536 |
(27,102) |
306,434 |
|
|
|
31.8.22 |
31.8.21 |
|
Donations |
|
1,111 |
11,874 |
| 4. |
INVESTMENT INCOME |
|
|
|
|
|
|
31.8.22 |
31.8.21 |
|
Income from unlisted investments |
|
395 |
441 |
|
Deposit account interest |
|
|
145 |
|
|
|
396 |
586 |
| 5. |
INCOME FROM CHARITABLEACTIVITIES |
|
|
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Activity |
|
|
|
Received from residents |
Residential Care |
979,170 |
|
|
Received from Local |
|
|
|
|
Authority |
Residential Care |
310,147 |
327,574 |
|
Income from Lodge |
Residential Care |
8,620 |
8,400 |
| OTHER INCOME |
|
|
|
31.8.22 |
31.8.21 |
| Government grants |
65,042 |
81,553 |
|
31.8.22 |
31.8.21 |
| Infection Control Grant |
33,623 |
45,660 |
| Workforcerecruitment and retention fund |
21,185 |
|
| Rapid testing fund |
8,547 |
24,109 |
| Omicron support fund |
1 ,687 |
|
| Coronavirus Job Retention Scheme |
|
8,784 |
| Care home visiting grant |
|
3,000 |
|
65,042 |
81,553 |
| 7. |
CHARITABLEACTIVITIES COSTS |
|
|
|
|
|
Direct |
Support |
|
|
|
Costs (see |
costs (see |
|
|
|
note 8) |
note 9) |
Totals |
|
Residential Care |
1 ,363, 166 |
6,780 |
1,369,946 |
| 8. |
DIRECT COSTS OF CHARITABLEACTIVITIES |
|
|
|
|
|
|
31.8.22 |
31.8.21 |
|
Staff costs |
|
1 ,031 ,388 |
|
|
Subscriptions and registration fees |
|
6,079 |
6,079 |
|
Light and heat |
|
15,540 |
29,942 |
|
Postage, stationery, advertising, telephone and sundries |
|
58,777 |
48,478 |
|
Equipment rental and maintenan |
|
40,753 |
40,395 |
|
Other house expenses |
|
36,932 |
37,206 |
|
Food |
|
87,017 |
84,630 |
|
Property maintenance& repairs |
|
55,432 |
65,463 |
|
Other property expenses |
|
12,765 |
10,960 |
|
Accountancy & payroll |
|
2,904 |
420 |
|
Bad debts |
|
240 |
94 |
|
Motor vehicle expenses |
|
320 |
660 |
|
Depreciation |
|
15,019 |
17,729 |
|
Loss on sale of assets |
|
|
2,115 |
|
|
|
1,363,166 |
|
| 9. |
SUPPORT COSTS |
|
|
|
|
|
Governance |
|
|
|
costs |
|
Residential Care |
|
6,780 |
|
Support costs, included in the above, are as follows: |
|
|
|
|
31.8.22 |
31.8.21 |
|
|
Residential |
Total |
|
|
Care |
activities |
|
Auditors' remuneration |
6,780 |
6,750 |
| 10. |
NET INCOME/(EXPENDITURE) |
|
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
|
31.8.22 |
31.8.21 |
|
Auditors' remuneration |
6,780 |
6,750 |
|
Depreciation
- owned assets |
15,019 |
17,729 |
|
Deficit on disposal of fixed assets |
|
2,115 |
| STAFF COSTS |
|
|
|
31.8.22 |
31.8.21 |
| Wages and salaries |
943,656 |
952,191 |
| Social security costs |
66,964 |
64,900 |
| Other pension costs |
20,768 |
18,328 |
|
1 ,031 ,388 |
|
| The average monthly number of employees du |
ring theyearwas as follows: |
|
|
31.8.22 |
31.8.21 |
| Administration |
5 |
5 |
| Support |
45 |
48 |
|
50 |
53 |
| COMPARATIVESFOR THE STATEMENTOF FI |
NANCIAL ACTIVITIES |
|
|
|
|
Unrestricted |
Restricted |
|
Total |
|
funds |
funds |
|
funds |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
| Donations and legacies |
2,428 |
9,446 |
|
11,874 |
| Charitable activities |
|
|
|
|
| Residential Care |
1,469,974 |
|
1 |
,469,974 |
| Investmentincome |
586 |
|
|
586 |
| Other income |
57,444 |
24,109 |
|
81,553 |
| Total |
|
33,555 |
|
|
| EXPENDITURE ON |
|
|
|
|
| Charitable activities |
|
|
|
|
| Residential Care |
1,377,318 |
9,022 |
|
|
| NET INCOME |
153,114 |
24,533 |
|
177,647 |
| Transfers between funds |
23,251 |
(23,251) |
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
funds |
funds |
funds |
|
Net movement in funds |
|
176,365 |
1 ,282 |
177,647 |
|
RECONCILIATION OF FUNDS |
|
|
|
|
|
Total funds brought forward |
|
925,108 |
18,822 |
943,930 |
|
TOTAL FUNDS CARRIED FORWARD |
|
1,101,473 |
20,104 |
1,121,577 |
| 14. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
Fixtures, |
|
|
|
|
Freehold |
fittings |
|
|
|
|
property |
& equipment |
Minibus |
Totals |
|
COST |
|
|
|
|
|
At 1 September2021 |
675,393 |
237,190 |
24,995 |
937,578 |
|
Additions |
|
2,016 |
|
2,016 |
|
At 31 August 2022 |
675,393 |
239,206 |
24,995 |
939,594 |
|
DEPRECIATION |
|
|
|
|
|
At 1 September2021 |
|
133,864 |
6,249 |
140,113 |
|
Charge for year |
|
10,332 |
4,687 |
15,019 |
|
At 31 August 2022 |
|
144, 196 |
10,936 |
155,132 |
|
NET BOOKVALUE |
|
|
|
|
|
At 31 August 2022 |
675,393 |
95,010 |
14,059 |
784,462 |
|
At 31 August2021 |
675,393 |
103,326 |
18,746 |
797,465 |
| FIXED ASSETINVESTMENTS |
|
|
Listed |
|
investments |
| MARKETVALUE |
|
| At 1 September 2021 and |
|
| 31 August 2022 |
15,009 |
| NET BOOKVALUE |
|
| At 31 August 2022 |
15,009 |
| At 31 August 2021 |
15,009 |
| 16. |
STOCKS |
|
|
|
|
31.8.22 |
31.8.21 |
|
Kitchen and housekeepingstocks |
5,828 |
4,448 |
| 17. |
DEBTORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR |
|
|
|
|
31.8.22 |
31.8.21 |
|
Trade debtors |
34,172 |
18,342 |
|
Other debtors |
|
1 ,932 |
|
Prepayments and accrued income |
16,579 |
13,041 |
|
|
50,751 |
33,315 |
| 18. |
CREDITORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR |
|
|
|
|
31.8.22 |
31.8.21 |
|
Creditors for operating activities |
19,253 |
17,151 |
|
Social security and other taxes |
16,438 |
33,764 |
|
Other creditors |
3,746 |
4,225 |
|
Accrued expenses |
6,930 |
7,056 |
|
|
46,367 |
62,196 |
|
31.8.22 |
31.8.21 |
Within one year
Between one and five years |
1 ,951 |
6,270
2,179 |
|
1 ,951 |
8,449 |
MOVEMENT
IN FUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
|
|
At 1.9.21 |
in funds |
funds |
31.8.22 |
| Unrestricted funds |
|
|
|
|
| General fund |
1,001 ,473 |
14,177 |
(3,597) |
|
| Major projects and improvement |
100,000 |
|
|
100,000 |
|
|
14,177 |
(3,597) |
1,112,053 |
| Restricted funds |
|
|
|
|
| Dining room renovations |
4,515 |
(451) |
|
4,064 |
| Rapid testing |
15,589 |
(15,589) |
|
|
| Workforce recruitment& retention fund |
|
(3,597) |
3,597 |
|
|
20,104 |
(19,637) |
3,597 |
|
| TOTAL FUNDS |
1,121,577 |
(5,460) |
|
1,116,117 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
| Unrestricted funds |
|
|
|
| General fund |
|
|
14,177 |
| Restricted funds |
|
|
|
| Dining room renovations |
|
(451 ) |
(451) |
| Rapid testing |
8,547 |
(24,136) |
(15,589) |
| Workforcerecruitment& retention fund |
21,185 |
(24,782) |
(3,597) |
|
29,732 |
(49,369) |
(19,637) |
| TOTAL FUNDS |
|
|
(5,460) |
|
|
Net |
Transfers |
|
|
|
movement |
between |
|
|
At 1.9.20 |
in funds |
funds |
31.8.21 |
| Unrestricted funds |
|
|
|
|
| General fund |
885,691 |
153,114 |
(37,332) |
1 ,001 ,473 |
| Major projects and improvement |
39,417 |
|
60,583 |
100,000 |
|
925,108 |
153,114 |
23,251 |
1,101,473 |
| Restricted funds |
|
|
|
|
| Dining room renovations |
5,017 |
(502) |
|
4,515 |
| Minibus |
13,805 |
9,446 |
(23,251 ) |
|
| Rapid testing |
|
15,589 |
|
15,589 |
|
18,822 |
24,533 |
(23,251) |
20,104 |
| TOTAL FUNDS |
943,930 |
177,647 |
|
1,121 ,577 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
| Unrestricted funds |
|
|
|
| General fund |
|
(1,377,318) |
153,114 |
| Restricted funds |
|
|
|
| Dining room renovations |
|
(502) |
(502) |
| Minibus |
9,446 |
|
9,446 |
| Rapid testing |
24,109 |
(8,520) |
15,589 |
|
33,555 |
(9,022) |
24,533 |
| TOTAL FUNDS |
|
|
177,647 |
| 23. |
CAPITAL |
COMMITMENTS |
|
|
|
|
|
31.8.22 |
31.8.21 |
|
Contracted |
but not provided for in the financial statements |
|
9,940 |
| 24. |
RELATED |
PARTY DISCLOSURES |
|
|