||Contents||
|---|---|---|
|Report ofthe Trustees||1-9|
|Report ofthe Independent|Auditors|10-13|
|Statement of Financial Activities||14-15|
|Balance Sheet||16—17|
|Statement ofCash Flows||18|
|Notes to the Financial Statements||19-39|
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|Aiin||||||||Progress|
|---|---|---|---|---|---|---|---|---|
|To provide||a traditional|||Care|&Repair||We provided
a Care
& Repair
(casework-technical)
service
in|
|Service|(home||visiting,||problem-led,|||Blaenau
Gwent
& Caerphilly
county
boroughs
and
provided|
|client|centred|||and|individually|||solutions that have improved
the independence
ofolder people.|
|tailored).||||||||During
2021/2022
we
have
helped
1,950 older
people,
532|
|||||||||received a home visit and a Healthy
Home assessment
to assess|
|||||||||their individual
needs.|
|To address||home|hazards||in|the home||In providing outcomes that improve independence
and reduce the|
|and reduce||the|risks to||the|wellbeing||risk to health
& wellbeing
we have completed 1,693works at a|
|of older|people,||allowing||them to live|||total value off654,921.Increased Welfare Benefit income for87|
|in comfort,||safety &security.||||||older people at a combined
value off325,371.Raised charitable|
|||||||||income
in support of home improvements
for 15older people at|
|||||||||a value of E16,456.
Utilised
private
resources for crucial home|
|||||||||improvements
47jobs for older people at a value ofE99W6 We|
|||||||||completed
749 jobs that reduced
the risk of a fall and 6 clients|
|||||||||were assisted
in terms ofheating/energy
efficiency.|
|To
ensure||our||services||are|high|We
have
recently
gained
accreditation
for
Advice
Quality|
|standard,|meet the|||individual||needs of||standard.
Which requires internal/external
audit processes, which|
|the
older||people||we|serve||and|are followed
by all staff, client file reviews on a bi-monthly
basis.|
|support.||||||||Minor adaptations
are checked as 1in 10jobs. Client survey forms|
|||||||||are
now
being
sent
out,
as they
were
reduced
during
the|
|||||||||pandemic.
427 surveys
sent
out with
45N returned,
100fifi of|
|||||||||clients helped stated they were satisfied with service provided.|
|To ensure
our practical
services work|Our completed
works supported
'a safe hospital|discharge'
in S01|
|---|---|---|
|effectively
to meet the objectives of|instances; and 'prevented
hospitaladmission'
in|685instances.
On|
|safe hospital discharge
and/preventing|average
it took 5 days from
requested
date|to completion
of|
|hospital admissions.|works.||
|To
provide
a
minor
adaptations
&|We have facilitated
rapid
response,
safety at|home,
and minor|
|small
repairs
service
in both counties|repair schemes
for older people
in our boroughs
in partnership||
|in
partnership
with
Health
& Social|with the Local Authority,
Health and Social Services. Our practical||
|Services
partners,
providing
effective|services completed 1,8JIS works totalling F357,722 in value. The||
|health outcomes.|works were completed
in an average of 5 days|and the average|
||age of clients
was 78 years.
Referral
sources|were
23% from|
||Health, 48' from
Social Services,
and 29% from
our Trusted||
||Assessors.||
|To
ensure
our
services
are
high|The Agency
team
have
managed
to proceed|throughout
with|
|standard,
meet the individual
needs of|installation
referrals
from
all social care services,
carrying
out||
|the older people we serve and support|installs well within the baseline targets, which has been a positive||
|their
independence.
Our
usual|from all the team
in such difficult circumstances.|Technical audits|
|procedure
is we
would
monitor
our|have been carried out as guidance
has allowed.|No surveys sent|
|service
impact
through
the customer|out as not to double handle documents
and equipment.
Working||
|feedback
surveys,
this
has
been|patterns
and transport
has impeded
on delivery|cost asto double|
|reduced
greatly
this year due to the|transport
but the risk has been unquestionable.||
|pandemic.|||
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|Company number:||10838311|||
|---|---|---|---|---|
|Charity number:||1175753|||
|Principal office:||Unit 7Roseheyworth|Business Park||
|||Abertillery|||
|||Blaenau Gwent|||
|||NP13 1SP|||
|Trustees||Carol Morgan|Chair||
|||Colin Wallbank|Treasurer||
|||John Mason|||
|||Georgina Jones|||
|||Haydn Trollope|||
|||Robert Hall|Vice chair||
|||Elizabeth Thorpe|||
|Key Management|Personnel|Rodney Evans|Chief Executive|Officer from 1April 2021.|
|||Mike Lock|Senior Technical Officer||
|||Tina Howells|Office/Finance|Manager|
|Auditor:||Azets Audit Services|||
|||Ty Derw|||
|||Lime Tree Court|||
|||Cardiff Gate Business|Park||
|||Cardiff|||
|||CF23 BAB|||
|Bankers:||Unity Trust pic|||
|||Nine Brindleyplace,|||
|||Birmingham,|||
|||B12HB|||
|Solicitors:||Geldards|||
|||Dumfries
House,|||
|||Dumfries
Place,|||
|||Cardiff,|||
|||CF103ZF|||
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Unrestdcted|Restricted|funds|funds|
|||||Note|funds|funds|2022|2021|
||||||E|E|E|E|
|Income and endowments|||from:||||||
|Donations
and legacies||||3|390||390|641|
|Charitable
activities||||4|896,259|113,099|1,009,358|858,841|
|Investment
income||||5|816||816|1,471|
|Other income||||6|2,000||2,000|6,016|
|Trading subsidiary|income|||12|3,413||3,413|17,298|
|Totalincome and endowments|||||902,878|113,099|1,015,977|884,267|
|Expenditure on:|||||||||
|Charitable
activities||||7|612,308|113,099|725,407|652,509|
|Trading subsidian/s|expenditure|||12|173,464||173,464|151,910|
|Total expenditure|||||785,772|113,099|898,871|804,419|
|Net income|||||117,106||117,106|79,848|
|Other recognised losses:|||||||||
|Actuarial gains/(losses)||on|defined||||||
|benefit pension schemes||||20|(27,000)||(27,000)|(156,000)|
|Net movement
infunds|||||90,106||90,106|(76,152)|
|Reconciliation
ofFunds|||||||||
|Total funds brought|forward|||15,16|302,634||302,634|378,786|
|Totalfunds carried|forward|||16,17|392,740||392,740|302,634|
##
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|funds|funds|
|||||funds|funds|2022|2021|
|||||E|E|E|E|
|Income and endowments||from:||||||
|Donations
and legacies||||13,531||13,531|30,319|
|Charitable
activities||||994,669|113,099|1,107,768|934,567|
|Investment
income||||816||816|1,471|
|Other income||||2,000||2,000|6,016|
|Total income and endowments||||1,011,016|113,099|1,124,115|972,373|
|Expenditure
on:||||||||
|Charitable
activities||||915,129|113,099|1,028,228|904,197|
|Total expenditure||||915,129|118,099|1,028,228|904,197|
|Netincome||||95,887||95,887|68,176|
|Otirer recognised losses:||||||||
|Actuarial gains/(losses)
on
benefit pension schemes||defined|20|~27,QOD||(27,000)|(156,000)|
|Net movement
lnfunds||||68,887||68,887|(87,824)|
|Reconciliation
ofFunds||||||||
|Total funds brought forward|||15,16|290,796||290,796|378,620|
|Totalfunds carried forward|||16,17|359,683||359,683|290,796|
||||2022||2021||
|---|---|---|---|---|---|---|
|||Note|E||||
|Fixed assets:|||||||
|Tangible assets||||27,030||13,779|
|Current assets:|||||||
|Stocks|||7,806||5,800||
|Debtors||13|271464||254,193||
|Cash at bank and in hand|||477,965||485,967||
||||757,635||745,960||
|Liabilities:|||||||
|Creditors: Amounts|falling due within||||||
|one year||14|(99,925}||(133,105}||
|Net current assets||||657,710||612,855|
|Net assets excluding pension liability||||684,740||626,634|
|Defined benefit pension scheme liability||20||(292,000}||(324,000}|
|Total net liabilities||||392,740||302,634|
|The funds ofthe charHy:|||||||
|Restricted income funds||15|||||
|Unrestricted
funds||16||392,740||302,634|
|Total charity funds||17||392,740||302,634|
||FOR|THE|YEAR ENDE|D 31|MARCH 2|022|||
|---|---|---|---|---|---|---|---|---|
|||||||Note|2022|2021|
||||||||E||
|Net cash provided
by/(used|in) operating||activities|||19|10,427|67,616|
|Cosh ffows from investing|activities:||||||||
|Dividends,
interest and rents from investments|||||||816|1,471|
|Purchase of property
plant|and equipment||||||(21,245)|(14,155)|
|Proceeds on disposal|||||||2,000|9,130|
|Net cash used in investing|activities||||||(18~9)|(3,554)|
|Change in cash and cash equivalents||in the reporting||period|||(8,002)|64,062|
|Cash and cash equivalents|at the beginning||ofthe reporting||period||485,977|421,915|
|Cash and cash equivalents|at the end|ofthe reporting||period||19|477,978|488,976|
##
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|~Grou||funds
E|fundsf|2022f|2021
E|
|Donations||390||390|641|
|||390|||641|
|C~hari||||||
|Donations||390|||641|
|Gift aid from Care Ik Repair Home||||||
|Maintenance|Services Ltd|13,141||13,141|29,678|
|||13,631||13,531|30,319|
##
|INCOME FR|OM CHARITABLE|ACTIVITIES||||
|---|---|---|---|---|---|
|~Grou||Unrestricted
funds
f|Restricted
fundsf|Total
2022f|Total
2021
f|
|Grant income
Professional fees||896,259|113,099|1,009,358|846,058|
|||896,259|113,099|1,009,350|12,783
058,841|
|~Charit||||||
|Grant income
Professional
fees||896,259|113,099|1,009,358|846,058|
|Management|fees|98,410
994,669|113,099|98,410
1,107,768|12,783
75,726
934,567|
##
##
##
|INVESTMENT INCOME|||||
|---|---|---|---|---|
|0~43|Unrestricted
funds
f|Restricted
funds
f|Total
2022|Total
2021
f|
|Bank interest|816
816||016
016|1472
1,471|
|OTHER INCOME|||||
|0~00|Unrestricted
funds
f|Restricted
fundsf|Total
2022
f|Total
2021
f|
|Profit on disposal offixed assets
Other income|2,000||2,000|3,902|
||2,000||2.000|2,114
6,016|
##
##
##
##
|EXPENDITURE ON CHARITAB|LE ACTIVITIES|||||
|---|---|---|---|---|---|
|||||Total|Total|
||Directf|Support
f|Governance|2022
f|2021
f|
|Audit
Accountancy
services
Bank charges
Committee
costs|122|14|9,195|9,195
136|6,900
2,969
125|
|Depreciation
Health &safety
HTW
ILG
Insurance
Internal audit
ITsoftware &support
Legal &professional
Materials
&equipment
Motor
Printing,
postage and|1,413
6,831
7,132
121,094
3,897
1,874
7,179
30
(105)|157
759
208
798
(12)||1,570
7,590
7,152
121,094
$,897
2,082
7,977
(117)|5
5,375
5,725
3,582
50,466
4,329
8,419
222
8
104|
|photocopying
Rent and rates
RRAP
RRAP Plus
SAH
Staffcosts
Subscriptions
Sundry
Telecommunications
Trading sub
Training
&conferences
Travel|1,184
18,509
84,984
5,674
20,793
S72,944
2,127
429
3,389
173,464
2,662
4,089
839,715|132
2,057
44r438
236
47
$77
296
454
49,961|9,195|1,316
20+66
84,984
5,674
20,793
417,382
2,$63
476
$,766
173864
2,958
4,S43
$98JI71|2,620
18,897
95,311
3.122
22,029
407,361
288
324
5,322
2,680
6,326
652,5D9|
##
##
||||||Total|Tota I|
|---|---|---|---|---|---|---|
|||Direct|Support|Governance|2022|2021|
|Chaiitg||E|E||E|E|
|Audit||||9,195|9,19S|6,900|
|Accountancy|services|||||2,969|
|Bank charges||122|14||136|125|
|Committee|costs|||||5|
|Depreciation||1,413|157||1,570|5,375|
|Health &safety||6,831|759||7,590|5,725|
|HTW||7,132|||7,132|3,582|
|ILG||121,094|||121,094|52,466|
|Insurance||3&897|||3,897|4,329|
|Internal
audit||1,874|208||2,082||
|ITSoftware|&support|7,179|798||7,977|8,419|
|Legal &professional||||||222|
|Materials
&|equipment|30|||3Q|8|
|Motor||(105)|(12)||(117)|104|
|Printing,
postage and|||||||
|photocopymg||1,184|132||1,316|2,620|
|Rent and rates||18&509|2,057||20,566|18,897|
|RRAP||247,180|||247,180|258,187|
|RRAP Plus||57,3Q1|||57,301|32,754|
|SAH||109,791|||109,791|79,209|
|Staffcosts||372,944|44,438||417,382|407,361|
|Subscriptions||2,127|236||2„363|288|
|Sundry||429|47||476|324|
|Telecommunications||3,389|377||3,766|5,322|
|Training &conferences||2,662|296||2,958|2,680|
|Travel||4,089|454||4,543|6,326|
|||969,072|49,961|9,195|1,028,228|904,197|
##
|Net income for the period was stated after charging:|Net income for the period was stated after charging:|||
|---|---|---|---|
|d~d&||2022
E|2021
E|
|Auditors
remuneration:||||
|Audit fees||7,254|6,900|
|Accountancy|services|1,941|2,969|
|Depreciation|—Charity|1,570|5,376|
|Depreciation|—Group|9,564|7,890|
##
##
||Total|Total|
|---|---|---|
||2022|2021|
|~Grou||f|
|Wages and salaries
Social security costs
Pension costs|421,126
81,794
17+83|411,985
29,499
19,272|
||470409|460,756|
|Wages and salaries
Social security costs
Pension costs|574,200
27,757
15WS|364,699
25,711
16,951|
||417.881|407,141|
##
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||2022|2021|
|---|---|---|
||No.|No.|
|Group|10|20|
|Charity|17|17|
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Office|Computer|Motor||
|«Grou|Equipment|equipment|vehicles|Total|
||E|E|E|E|
|Cost|||||
|At 1Apdl 2021|420|3,679|22,109|26,208|
|Additions|||21,245|21,245|
|At31March 2022|420|3,679|43,354|47,453|
|Depreciation|||||
|At 1April 2021|420|3,679|8,330|12,429|
|Charge forthe period|||7,994|7,994|
|At 31March 2022|420|3,679|16,324|20A23|
|Net book value|||||
|At 31March 2022|||27,030|27,030|
|At 31March 2021|||13,779|13,779|
|Charity|||||
|Cost|||||
|At 1April 2021|420|1,694|7,954|10,068|
|At 31March 2022|420|1,694|7,954|10,068|
|Depreciation|||||
|At 1April 2021|420|1,694|6,383|8,497|
|Charge forthe year|||1,571|1,571|
|At 31March 2022|420|1,694|7,954|10,068|
|Net book value|||||
|At 31March 2022|||||
|At 31March 2021|||1,571|1,571|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|PROFIT AND LOSSACCOUNT||||f|f|
|Turnover||||||
|Cost ofsales
Gross surplus
Administrative
expenses
Other income
Operating
profit||||304,590
(171,428)
133,162
(100,447)
1,644
24859|256,291
(149,105)
107,186
(78,531)
12,695
41,350|
|Statement ofchanges||in Equity||||
|Balance brought
Profit and total
Distributions
to
Balance carried|forward
comprehensive
income forthe period
parent charity under gift aid
forward|||11,839
34,$59
(1$,140)
35,058|167
41,350
(29,678)
11,839|
|BALANCE SHEET||||||
|Fixed assets:||||||
|Tangible assets||||27,030|12,209|
|||||27.090|12,209|
|Current assets:||||||
|Stock||||||
|Debtors||||7,806|5,800|
|Cash at bank and|in hand|||2,558
60,387|1,433
25,579|
|Current liabilities||||70,751|32,812|
|Net current assets/(liabilities)||||(64,723)
5,025|(33,182)
33707|
|Net assets||||||
|||||59,055|11839|
|Capital and Reserves:||||||
|Profit and loss reserves||||3$,058|11,839|
|||||35,t88|11,839|
##
##
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||2022|2021|
||~Grou|||f|f|
||Trade debtors|||145,034|123,286|
||Other debtors and prepayments|||126,830|130,907|
|||||271,864|254,193|
||Chadty|||||
||Trade debtors|||145,034|123,286|
||Other debtors and prepayments|||124&272|129,474|
||Amount|due from trading subsidiary||52,099|16,052|
|||||321,405|268,812|
|14.|CREDITORS; AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||Total|Total|
|||||2022|2021|
||Garou|||f|f|
||Trade creditors|||78,921|91,976|
||Accruals|||9,510|6,900|
||Deferred|income||3,620|22,451|
||Other creditors|||7,874|11,778|
|||||99,925|133,105|
||Charity|||||
||Trade creditors|||68,246|79,377|
||Accruals|||7,560|6,900|
||Deferred|income||3,620|22,451|
||Other Creditors|||7,874|7,246|
|||||87,300|115,974|
||Deferred|Income:-||||
|||||Total|Total|
||~Grou|||2022
f|2021f|
||Brought|forward||22951|2,660|
||Received|in year||990,527|19,791|
||Released|to income||(~1,&&&,&&&||
||Amount|due less than|one year|3,620|22,451|
||Charity|||||
||Brought|forward||22,451||
||Received|in year||(1,028,189)|22,451|
||Released|to income||1,009,358||
||Amount|due less than|one year|3,620|22,451|
##
##
|||||Asat||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||1April||||31March|
|~dd|d|||2021
E|Income
F.|Expenditure
E|Transfers
E|2022
E|
|Covid-19 Job Retention|||||||||
|Scheme
Health Board -||ABUHB|Core||1,462|(1,462)|||
|Revenue|||||20,909|(20,909)|||
|Health Through||Warmth|||7,132|(7,132)|||
|Hospital to a Healthier|||Home||37,606|(37,606)|||
|Managing|Better Senrice||||40,990|(40,990)|||
|UWHA|||||5,000|(5,000)|||
||||||113,099|(113,099)|||
|United Welsh H
P~|ousing Associatio|n supports th|e Managing|Better Caseworker|post.||
|---|---|---|---|---|---|---|
|||As at||||Balance at|
|||1April||||31March|
|G~dd||2020
E|Income
E|Expenditure
E|Transfers|2021
E|
|Covld-191ob Retention|||||||
|Scheme|||20,212|(20,212)|||
|Health Board - ABUHB Core|||||||
|Revenue|||20,909|(20,909)|||
|Health Through|Warmth||3,582|(3,582)|||
|Managing
Better Service|||40,671|(40,671)|||
|NationalLottery|funding||9,800|(9,800)|||
|UWHA|||5,000|(5,000)|||
||||100,174|(100,174)|||
##
|||||||Actuarial||
|---|---|---|---|---|---|---|---|
|||||||gains on||
|||||||defined||
|||Balance at||||benefit|Balance at|
|||1Apdil||||pension|31March|
|6~ron||2021
E|Incomef|Expenditure
E|Transfers
E|scheme
E|2022
E|
|Unrestricted|funds|302,634|902,878|(796,772)||(16,000)|392,740|
|||302,634|902,878|(796,772)||(16,000)|SS2,740|
|Charihy||||||||
|Unrestricted|funds|290,796|1,011,016|(926,129)|-|(16,000)|359,683|
|||290,796|1,011,016|(926,129)|-|(16,000)|359,683|
|||||||Actuarial||
|---|---|---|---|---|---|---|---|
|||||||gains on||
|||||||defined||
|||Balance at||||benefit|Balance at|
|||1April||||pension|31March|
|||2020|Income|Expenditure|Transfers|scheme|2021|
|~Grou||E|E|E|E|E|E|
|Unrestricted|funds|378,786|784,093|(704,245)||~{156,000|302,634|
|||378,786|784,093|(704,245)||{156,000)|302,634|
|Charihy||||||||
|Unrestricted|funds|378,620|872,199|(804,023)||i156,ODD)|290,796|
|||378,620|872,199|(804,023)||{156,000)|290,796|
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|~Grou||fundsf|funds|2022
6|
|Fixed assets
Net current assets
Long term pension|liability|27430
657,710
(292,000)||27,030
657,710
(292,000)|
|||$92,740||392,740|
|Charity|||||
|Fixed assets|||||
|Net current assets
Long term pension|liability|6S1,68$ ~202,000)||651,683
(292,000)|
|||359,68$||S59,683|
|||Unrestricted|Restricted|Total|
|||funds|funds|2021|
||||E|f|
|Fixed assets
Net current assets
Long term pension|liability|13,779
612,855
(324,000)||13,779
612,855
(324,000)|
|||302,634||302,634|
|Charity|||||
|Fixed assets
Het current assets
Long term pension|liability|1,571
613,225
(324,000)||1,571
613,225
J324,KS)|
|||290,796||290,796|
##
##
##
##
|RECONCILIATION
O
ACTIVITIES|F|NET MOVEMENT IN|FUN|DS TO|NET CASH FLOW|FROM OPERAT|ING|
|---|---|---|---|---|---|---|---|
|~Grou||||||2022|2021|
|||||||E|f|
|Net income/(expenditure)
forthe reporting||||period|(as per the|||
|Statement of Financial Activities)||||||90,106|(76,152)|
|Ad/ustments
for:||||||||
|Depreciation
charges||||||7,994|7,890|
|Dividends,
interest|and rents from investments|||||(816)|(1,471)|
|(Profit)/loss
on disposal||||||(2,000)|(3,902)|
|(Increase)/decrease||in stocks||||(2,006)|1,860|
|(Increase)/decrease||in debtors||||(17,671)|(1,809)|
|Increase/(decrease)||in creditors||||(33,180)|39,200|
|Increase/(decrease)||in long term pension|liability|||(32,000)|102,000|
|Net cash provided|by/(used
in) operating||activities|||10,427|67,616|
|Analysis ofCash and||Cash Equivalents||||||
|Cash in hand||||||477,965|485,967|
|Total Cash and Cash||Equivalents||||477,965|485,967|
|Anal
isofchan
es|in net funds|||||||
||||||At 1March||At 31March|
||||||2021|Cash flows|2022|
||||||E|E|E|
|Cash at bank and in|hand||||485,967|(8,002)|477,965|
##
##
##
##
|ASSETS, PRESENT VALUES OF DE
BENEFITASSET(LIABIUTy)|FINED BENEFIT OBLIGATI|ON, AND DEFINE|
|---|---|---|
||31March 2022|31March 2021|
|Fair value ofplan assets
Present value ofdefined benefit obligation
Deficit in plan
Defined benefit asset (liability) to be recognised|(f000s)
1,861
2153
(292)
(292)|(E000s)
1,856
2,1&0
(324)
(324)|
##
|KEYASSUMPTI|ONS|||||
|---|---|---|---|---|---|
||||31March 2022||31March 2020|
|Discount rate|||%per annum
2.79||%per annum
2,38|
|Inflation
(RPI)|||3.59||2.63|
|Inflation
(CPI}|||3.20||1.63|
|Salary Growth|||4.20||2.63|
|Allowance for commutation||ofpension for cash at|75%of||75%of|
|retirement|||maximum||maximum|
||||allowance||allowance|
|The mortality assumptions||adopted at31March 2021imply the following||life|expectancies:|
||||Life expectancy at age 65|||
||||||(Years}|
|Male retiring in|2022||||21.1|
|Female retiring|in 2022||||23.7|
|Male retiring
in|2042||||22.4|
|Female retiring|in 2042||||25.2|
##
##
||||||31March 2022|
|---|---|---|---|---|---|
||||||(E000s)|
|Defined benefit obligation at start ofperiod|||||2,285|
|Expenses|||||4|
|Interest expense|||||47|
|Actuarial
losses (gains) due to|scheme|experience|||200|
|Actuarial
losses {gains) due to|changes|in demographic||assumptions|(33)|
|Actuarial
losses (gains) due to|changes|in financial assumptions|||(160)|
|Benefits paid and expenses|||||(190)|
|Defined benefit obligation at|end of period||||2,153|
|ECONCILIATION
OF OPENING|AND CLOSING||BALANCES OF THE FAIR VALUE OF PLAN ASSE|||
||||||31March 2022|
||||||(E000s)|
|Fair value of plan assets at start ofperiod|||||1,856|
|Interest Income|||||38|
|Experience
on plan assets (excluding amounts|||included|in interest|98|
|income) —gain/(loss)||||||
|Contributions
by employer|||||59|
|Benefits paid and expenses|||||(190)|
|Fair value ofplan assets at end ofperiod|||||1,861|
|||31March 2022|
|---|---|---|
|||(E000s)|
|Expenses|||
|Net interest expenses|||
|Defined benefit costs recognised|in Statement of Comprehensive|13|
|Income (SoCI)|||
##
##
##
|||31March 2021|
|---|---|---|
|Experience on plan assets (excluding amounts
included
in net||(6000s)|
|interest cost) - gain (loss)||98|
|Experience gains and losses arising on the plan liabilities -gain (loss)
Effects ofchanges
in the demographic
assumptions
underlying
the
present value ofthe defined benefit obligation -gain (loss)
Effects ofchanges
in the fina ncia Iassumptions
underlying
the
present value ofthe defined benefit obligation -gain (loss)
Total actuarial gains and losses (before restriction
due tosome of
the surplus not being recognisable) -gain (loss)
Effects ofchanges in the amount ofsurplus that is not recoverable||(200)
33
160|
|(excluding amounts
included
in net interest cost)-gain (loss)
Tote Iamount
recognised
in Other Comprehensive
Income - gain
(loss||91|
||31March 2022|31March 2021|
|---|---|---|
|Absolute Return
Alternative
Risk Premia
Cash|(E000s)
75
61
6|(K000s)
102
70|
|Corporate
Bond Fund
Credit Relative Value
Currency
Hedging|124
62
7|110
58|
|Distressed Opportunities
Emerging
Markets Debt
Global Equity
High Yield
Infrastructure
Insurance-Linked
Secuiities
Liability Driven Investment
Liquid credit|67
54
357
16
133
43
519|54
75
296
56
124
45
471|
|Long Lease Property
Net Current Assets
Opportunistic
Credit
Opportunistic
llliquld
Credit
Private Debt
Property
Risk Sharing
Secured income
Totall assets|48
5
(7)
63
48
50
61
69
1,861|22
36
11
51
47
44
39
68
77
1WB|
##
##
##
##
|Total|Total|
|---|---|
|2022|2021|
|E|E|
|202,000|324,DDD|
|||||||Total|
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|funds|
|||||funds|funds|2021|
|||||E|E|E|
|Income and endowments|||from:||||
|Donations
and legacies||||641||641|
|Charitable
activities||||758,667|100,174|858,841|
|Investment
income||||1,471||1,471|
|Other income||||6,016||6,016|
|Trading subsidiary|income|||17,298||17,298|
|Total income and endowments||||784,093|100,174|884,267|
|Expenditure
on:|||||||
|Charitable
activities||||552,335|100,174|652,509|
|Trading subsidiary's|expenditure|||151,910||151,910|
|Total expenditure||||704,245|100,174|804,419|
|iyet income||||79,848||79,848|
|Otfrer recognised losses:|||||||
|Actuarial gains/(losses)||on|defined benefit||||
|pension schemes||||(156,000)||(156,000)|
|Net movement
infunds||||(76,152)||(76,152)|
|Reconciliation ofFunds|||||||
|Total funds brought|forward|||378,786||378,786|
|Total funds carried|forward|||302,634||302,634|
##
##
|||||Total|
|---|---|---|---|---|
|||Unrestricted|Restiicted|funds|
|||funds
f|funds
f|2021
f|
|income and endowments|from:||||
|Donations and legacies
Charitable
activities
Investment
income
Otherincome
Total income and endowments||30,319
834,393
1,471
6,016
872,199|100,174
100,174|30,319
934,567
1,471
6,016
972,373|
|Expenditure
on:|||||
|Charitable
activities
Total expenditum||804,023
804,023|100,174
1M,174|9D4,197
904,197|
|Net income|||||
|||68,176||68,176|
|Other recognised losses:|||||
|Actuarial gains/(losses)
on defined benefit|||||
|pension schemes|||||
|hint movement infunds||(87,824)||(87,824)|
|Reconciliation ofFunds|||||
|Total funds brought forward
Totalfunds corried forward||370,62D
290.796||378,620
290,796|