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|---|---|---|---|
|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|
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|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|
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|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|
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|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|
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||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|
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||||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|
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|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|
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|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|
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|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|
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|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)|||
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||||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|
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|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|
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|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|
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||31.8.22|31.8.21|
|---|---|---|
|Within one year
Between one and five years|1 ,951|6,270
2,179|
||1 ,951|8,449|
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|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|
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||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|
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|23.|CAPITAL|COMMITMENTS|||
|---|---|---|---|---|
||||31.8.22|31.8.21|
||Contracted|but not provided for in the financial statements||9,940|
|24.|RELATED|PARTY DISCLOSURES|||