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2021-12-31-accounts

St Elizabeth’s Centre

Annual Report and Financial Statements

Year end 31 December 2021

Company Limited by Guarantee Registration Number 11087989 (England and Wales)

Charity Registration Number 1176777

Contents

Reports

Reference and administrative information 1
Report of the Board of Trustees 3
Independent auditor’s report 23
Financial statements
Statement of financial activities 28
Balance sheet 30
Statement of cash flows 31
Principal accounting policies 32
Notes to the financial statements 36

St Elizabeth’s Centre

Reference and administrative information

Board of Trustees Sister Patricia Ainsworth
Sister Josephine Anne Clemence
Mr John Coleby
Mr James Conway
Ms Claire Cook
Mr Richard Crean
Sister Veronica Hagen
Mr Christopher Kemball (Chairman)
Reverend Father Peter Lyness
Bishop Paul McAleenan (Vice Chairman)
Mr Robert Moore
Mr Nicholas Seed
Company Secretary Ms Holly Venetia Phipps (resigned 30 June
2021)
Mrs Mary Keane (appointed 14 September
2021)
Company registration number 11087989
Charity registration number 1176777
Address St Elizabeth’s Centre
South End
Much Hadham
Hertfordshire SG10 6EW
Auditor Buzzacott LLP
130 Wood Street
London EC2V 6DL
Principal bankers CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent ME19 4 JQ
Solicitors Farrar & Co
66 Lincoln’s Inn Fields
London WC2A 3LH
Stanley Tee LLP
95 London Road
Bishop’s Stortford
Hertfordshire CM23 2LU

St Elizabeth’s Centre 1

Reference and administrative information

Senior Leadership Team

Senior Leadership Team
Chief Executive Ms Jill Rankin
Chief Operating Office & Deputy Chief Mr Rhodri Jenkins (from Director of
Executive Finance 9 August 2021)
Principal Ms Teresa Glynn – appointed 1 May 2021
Director of Children’s Health & Care Ms Cheryl Allum-Clarke – appointed 18
June 2021
Director of Adult Services Ms Caroline Theodorou – appointed 4
January 2022, resigned 9 September 2022
HR Director Ms Gail Christey – resigned 20 August
2021
Other officers
Head of HR Rachele Gale – appointed 9 August 2021
Head of Domiciliary Care Ms Cheryl Gow
Assistant Director of Children’s Ms Amaka Williams – appointed 2 August
Services 2021
Registered Manager Adult Services Ms Jenny Brand – appointed 1 September
2021
Head of Children’s Care Services Ms Diane O’Connor – resigned 10
September 2021
Head of School Mrs Samantha Steinke-Sanderson –
resigned 20 February 2022

St Elizabeth’s Centre 2

Report of the Board of Trustees (including a strategic report) 31 December 2021

Introduction

The Board of Trustees ( ''Trustees" ) presents its report with the accounts of St Elizabeth's Centre ( "Charity" ) for the year ended 31 December 2021 (note that the prior year comparatives relate to the 16 months ended 31 December 2020).

The report has been prepared in accordance with Part 8 of the Charities Act 2011 and also constitutes a directors' report and strategic report for the purposes of company legislation.

The accounts are presented in accordance with the accounting policies set out on pages 32 to 35 therein and comply with the Charity's Memorandum and Articles of Association ( "Articles" ), the Companies Act 2006 and the requirements of United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The accounts follow the principles of Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102).

Structure, governance and management

St Elizabeth's Centre was originally established in 1903 as one of the charitable works of

the Congregation of the Daughters of the Cross of Liege (the "Congregation" ), a Roman Catholic religious’ congregation, founded in 1833 in Liege, Belgium. St Elizabeth's Centre operated as part of the Congregation until 30 September 2018, when the activities and assets of St Elizabeth's Centre were transferred to a newly registered charity with the name of 'St Elizabeth's Centre'. Some Trustees of the Congregation are also Trustees of the Charity.

The Charity was incorporated as a company limited by guarantee without a share capital on 29 November 2017 and registered as a charity with the Charity Commission on 22 January 2018. It is governed in accordance with the Articles.

The Articles require that the Charity has between five and fifteen Trustees. Trustees are appointed by the Archbishop of Westminster. The following Trustees were in office at 31 December 2021 and served throughout the period, except where shown.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Structure, governance and management (continued)

Trustees

Trustee Appointed / Resigned Mr Christopher Kemball (Chairman) Bishop Paul McAleenan (Vice Chairman) Sister Patricia Ainsworth Sister Josephine Anne Clemence Sister Veronica Hagen Ms Claire Cook Mr James Conway Mr John Coleby Mr Richard Crean Resigned 16 February 2021, reappointed 22 March 2022 Ms Freda Kelly Resigned 25 September 2021 Mr Robert Moore Mr Nicholas Seed Father Peter Lyness Mr Chris Pugh Resigned 15 March 2021

Trustees are encouraged to attend any conferences, courses and seminars which they feel are relevant to keep themselves appraised of any changes in the relevant legislation or best practice regarding the governance of the Charity. In addition, professional advice is extensively sought and relied upon by the Trustees, particularly in the areas of law, finance, accounting, property and investment.

Trustees’ expenses

All Trustees are non-executive and do not receive any remuneration from the Charity in connection with their duties as a Trustee. No Trustee had any beneficial interest in any contract with the Charity.

Organisation

The Board of Trustees meets six times a year. In addition, there is a Finance Audit and Risk Committee and a Health Care and Quality Committee to consider those areas of the Charity's operations in more detail, as well as separate Boards of Governors for the School and the College. The Senior Leadership Team (SLT) consisting of the Chief Executive Officer, Chief Operating Officer, Principal (previously called Director of Education and Skills) and Director of Adult Services, undertake the routine management of the Charity.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Structure, governance and management (continued)

The Senior Leadership Team

The following members of the SLT were in office at 31 December 2021.

Senior Leadership Team Role
Ms Jill Rankin Chief Executive Officer
Mr Rhodri Jenkins Chief Operating Officer and Deputy Chief Executive Officer
Ms Cheryl Allum-Clarke Director of Adult Services
Ms Teresa Glynn Principal

The pay of the Senior Leadership Team is reviewed regularly and approved by the Trustees, based upon independent external recommendation. The pay of the Senior Leadership Team is benchmarked against other charities in the sector.

Public Benefit

Charity law requires the Trustees to include in their annual report a confirmation that they have had regard to the guidance of the Charity Commission regarding public benefit. The Trustees are also required to provide information which demonstrates how the Group and Charity meets the guidance.

This report describes the aims and activities of the Group and Charity which the Trustees believe contribute significantly to the aims of the Group and Charity and meet the criteria established by the Charity Commission for assessing public benefit. In particular, where fees are charged for the services provided, the services are provided on the basis of need and the cost is largely met from public finances.

Aims and Activities

Aims

The Objects of the Group and Charity are the promotion of the Catholic religion, the advancement of education and the promotion of physical and mental health for people of all ages who have epilepsy or other complex needs on the basis of need and regardless of their religious, cultural or ethnic background by the provision of:

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Aims and Activities (continued)

Activities

Based on a 40-acre site in Hertfordshire, the Group and Charity provide:

Through the Charity's multi-disciplinary approach, with its academic teams, carers, health staff, therapists and managers working together towards a common goal, the Charity ensures its service users get the best possible chance to realise their full potential. The Charity provides personalised care plans that meet the needs of each individual, encompassing their education, care, health and wellbeing, and social skills, and encouraging independence so far as possible.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Aims and Activities (continued)

Regulated Services

At present there are six separate regulated services on site:

Achievements and performance

The Trustees are pleased to report that the Charity has been able to declare a surplus of £203,000 for the year compared with a loss of £1,396,000 for the previous sixteen-month period. We achieved this, despite the restrictions of Covid-19 and without reducing front line services, by streamlining our central and administrative costs. However, as has been well reported, the care sector has been suffering from severe staff shortages caused by many individuals leaving from stress caused by the pandemic, the mandatory vaccine regime and low pay rates. The Trustees are pleased to confirm that in December last year St. Elizabeth’s significantly increased our pay rates to £12 an hour thus bringing us into line with local employers. We hope during the current year to negotiate higher prices from our NHS and local authority commissioners to reflect our increased operating costs, as it is essential that the Charity makes sufficient surplus to continuously invest in improvement of our services and property.

Our overriding objective during the pandemic was to ensure the safety of our residents and staff as well as to ensure that the Charity remained solvent. Due to stringent measures taken at the onset of the pandemic, we were able to mitigate its effects and Covid deaths were limited to 1 resident with none amongst the staff in the period. Our hearts and prayers go out to the family and loved ones of the deceased.

Under our Chief Executive, Jill Rankin, and Chief Operating Officer, Rhodri Jenkins, we started a gradual process of transformation of St. Elizabeth’s during the year. This is part of a multi-layered strategy comprising strengthening of middle management, simplification of our structures, transitioning to a data-based system, reducing central costs through better procurement and improving our properties. In doing this, we are working closely with our regulators and commissioners. These steps are important to ensure that we provide a safe and high-quality service to our residents. In this connection, while our Children’s Home is still rated as Requires Improvement, we have recruited experienced senior managers and significantly improved our processes and systems during the year and remain confident that we will regain our previous Good rating at the next Ofsted inspection. Disappointingly, at the time of writing, we have been informed by CQC that our Adult Home and Supported Living have received an Inadequate rating.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Achievements and performance (continued)

Despite the large increase in staff pay at the end of last year, we are continuing to experience significant staff shortages. This industry-wide phenomenon has been exacerbated by continuing high rates of Covid-19 infection and absences which have put significant strain on our existing management and staff as they have had to take on extra rotas to compensate for absences. With support from the Diocesan Head of HR, we restructured our HR team during the year which has resulted in a dramatic improvement in our recruitment, induction and training ability. Initiatives have included a more focussed recruitment process, better induction and improved training, and more efficient use of bank staff. We have also applied for a number of Home Office licences to bring in suitably qualified and English speaking overseas carers. It will take several more months of the current year before we shall be able to see the results. We are lucky to have such an outstanding and dedicated HR team.

Despite these recruitment efforts, the level of vacancies in 2022 in the Adult Home has remained persistently high, resulting in significant challenges to our being able to operate a safe service.

Trustees and Management have engaged in an extensive consultation process with various stakeholder groups, which concluded on 13 September 2022.

Following this consultation process, in the best interests of those in our care, and with no prospect of safely staffing the service in the longer term or meeting the standards required of us, we have reluctantly concluded we have no option other than to close our Adult Care Home on 30 November 2022.

St Elizabeth’s will, however, continue to operate as a residential school and college, supporting children and young people with epilepsy and other complex conditions where there is an increasing need for specialist care.

We were very sad to lose Fraser Morrison, a fellow trustee, who died suddenly of a heart attack last autumn. He was much respected for his wise counsel, kindness and common sense. Our thoughts and prayers are with Fraser and his family. We currently comprise 11 Trustees and are actively looking for additional Trustees. We are delighted that Richard Crean agreed to re-join the Board in March 2022. We are also delighted to have had the services of Mary Keane as Company Secretary. She comes with deep knowledge and experience, having previously been Company Secretary at Anchor, the large housing association and care home charity which caters for older people.

The outlook for the current year remains very challenging. The combination of staff shortages, increased operating costs due to the December pay rise and the risk that we are unable to recover all these costs from commissioners is putting pressure on our performance. Nevertheless, we now have an excellent management team and remain confident that we will successfully manage our way through these difficulties. As always, we are grateful for the support and commitment of our staff, our residents and their families. We are achieving amazing outcomes for those placed in our care.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Achievements and performance (continued)

Achievements

This report covers the operations for the 12 months ended 31 December 2021. Over the past 12 months, the Charity has supported:

Graduation success:

11 learners from College and 7 students from School graduated in July 2021.

Leavers from College transitioned into a range of settings including: supported living, further education at SENSE, voluntary work experience and community activities such as attending the Theatre. A student from School is now undertaking a Community Activator Coach Apprenticeship and works in the School as a member of staff.

Two students from School were offered and commenced placements in College.

Academic achievements

College: during the academic year September 2020 to July 2021, 100 % of learners made progress in both English and mathematics, in year and from their starting points. Through assessment in Preparation for Adulthood 69 % made outstanding progress and 31 % made above expected progress. Furthermore 8 learners received accreditation for Skills for Working Life and 16 achieved accreditation or Personal Progress.

School: By the end of the academic year 100% of students made progress in all areas, of which 22% of students made 21 or more steps of progress. 95 % made 1 – 20 steps of progress in reading and writing, with 87 % in communication. 51 % made 1 – 20 steps and 49 % made 21 + steps in mathematics. It is notable that 20 young people achieved accreditation units through City and Guilds.

The School was also approved to deliver City and Guilds qualifications in English and mathematics alongside the College. This is a very positive development and will be reflected in the curriculum planning for 2021/22.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Achievements and performance (continued)

Achievements (continued)

Outings by residents

Despite Covid restrictions during the year we were able to successfully organise trips for residents:

Fundraising Successes 2021:

Thanks to the generosity of a large number of supporters, including Charitable Trusts, Corporates, Individuals and Community Groups, the Charity successfully fundraised from the following sources:

This fundraising has allowed us to invest in:

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Future Plans

As already noted, the year was impacted by the staffing crisis and Covid. This has mean that the 5-year strategic plan has started at a slower pace that was anticipated. However, the six key objectives remain:-

Respected provider
of choice		 To be the respected provider of choice and market leader, centre of
excellence initially in the South East, for people with learning
disabilities, epilepsy and other challenging health conditions.
Robust operating
model		 Ensure a robust operating model that delivers a consistent and
sustainable financial surplus. Retain services for adults, but focus on
growing and developing services for children as this is where we are
most likely to be able to make the most impact.
Property upgraded The on-site property portfolio is to be significantly upgraded. Capital
expenditure will be managed on a priority basis to include utilities, fire
safety and infrastructure. We recognise that fundraising will be integral
to the success of these projects. Off-site opportunities and services to
also be developed for adults to create real opportunities for community
living in partnership with capital providers.
Be a leading
employer		 Promote excellence, pride, continuous improvement and personal
growth. Offer ethical pay scales.
Respected brand A
respected,
recognisable,
brand,
supported
by
effective
communications that engages the widest possible audience.
Modern business
intelligence		 Modern integrated systems and a developed Business Intelligence
function.

The Environment

The Trustees are conscious of the Charity's corporate social responsibility to protect the environment. The Charity has adopted an Environmental Sustainability Policy.

Volunteers

Over 15,000 hours of volunteering have been provided by a team of very dedicated volunteers, who support the work of the Fundraising Team and within the Charity Shop

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Financial Review

The net income (expenditure) for the unrestricted and restricted funds were as follows:

Total
£’000		 Charitable activities Charitable activities Charitable activities
Home & Day
Services
£’000		 School
& Children’s
Home
£’000		 College &
Domiciliary
Care
£’000		 Fundraising,
shops &
Investments
£’000
School, College and Home
income
Cost of raising funds
Fundraising and Trading
Charitable Activities
Net (expenditure) income
before transfers		 25,725
(101)
(768)
(24,653)		 10,970
—
—
(11,303)		 8,279
—
—
(8,108)		 5,300
—
—
(5,242)		 1,176
(101)
(768)
—
203 (333) 171 58 307

The net income (expenditure) for the unrestricted and restricted funds were as follows (12 months of trading):

All charitable activities make a positive contribution to the recovery of support service costs.

Reserves Policy and Financial Position

The Trustees are conscious of the need to balance the requirements of the Charity's present service users and students against those in the future. This means that they have to determine the level of reserves to be carried forward to invest in future development. The Trustees consider that, given the nature of the Charity's work, the minimum level of reserves should be 3 months' annual expenditure.

The unadjusted general fund reserves of £7,331k represent approximately 3.5 months of annual expenditure. The Trustees are currently adopting a new 5-year strategy with the aim of generating sustainable operating surpluses to support investment in new facilities and improved services. In this context the reserves policy will be reviewed to ensure it is consistent with the long term financial strategy.

Restricted funds of £122k, as at 31 December 2021, are available for a range of smaller projects for which the Charity has received donations, but has not yet incurred the expenditure.

Designated reserves of £19,370k principally comprise the fixed asset fund, representing all net assets and liabilities connected to the fixed assets of the Charity.

Cash balances total £7,082k at 31 December 2021, consisting of £3,357k of short term deposits and £3,725k of cash at bank and in hand.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

The Group and Charity’s Assets

The acquisitions and disposals of fixed assets during the period are recorded in note 10 to the financial statements.

Since the transfer of the Congregation's assets and activities to the Charity, the Charity's land and buildings have not been revalued.

Fundraising

During the period a total of £1,161,000 was raised from gift aid, donations, legacies, shops and Fundraising activities:

The internal Fundraising Team engages with the local community groups and corporate partners to encourage these employees to raise funds and volunteer at the centre as part of their CSR (Corporate and social responsibilities).

Applications are also made to grant-making Trusts for capital projects, specific projects, and

unrestricted funding.

The Centre has 9 charity shops across Hertfordshire and Essex. Due to National Lockdown restrictions as a result of the Covid-19 pandemic, the charity shops were only able to open for a maximum of 9 months in this period, and were required to follow strict social distancing measures, including limiting customer numbers and quarantining donations.

The Fundraising Team also runs a series of on-site events to raise funds, and supports individuals to fundraise and donate, by participating in challenge events, hosting fundraisers and raising awareness, within our local communities, networking and working with the local councils and BID teams. Our HR teams has joined the community events.

The Centre sends a newsletter twice-yearly to supporters who have expressed an interest in our work and runs 2 fundraising raffles throughout the year. The Centre does not make use of professional fundraising agencies.

The Charity is registered with the Fundraising Regulator and is committed to adhering to the Fundraising Code of Practice.

Complaints are reported to the Fundraising Regulator in accordance with their timetable. There were no complaints in the last reporting period. The Charity has not had any adjudications and had no significant failures, ensuring compliance with these standards. Detailed policies and procedures are in place and compliance is reviewed through audit, by monitoring feedback and taking corrective action where required.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Fundraising (continued)

Supporters are asked whether they would like the Charity to keep in touch with them, by way of regular updates on our work and how they have helped the Charity. Recipients of both email and mail-based communications are given the option to confirm if they prefer less contact or no longer wish to receive correspondence, and these preferences are immediately updated.

The Charity does not sell or exchange lists of data with any other charities or companies. The Charity's fundraisers have been briefed to protect people in vulnerable circumstances. If they encounter someone showing signs of distress, confusion or vulnerability, the fundraisers are trained to politely end the conversation and refuse any donation offered in such circumstances. In the unlikely event of a donation being taken, the donation would be refunded.

Promoting the success of the charity and employee engagement

As the Trustees of St Elizabeth’s, we have a legal responsibility under section 172 of the Companies Act 2006 to act in the way we consider, in good faith, would be most likely to promote the Charity’s success for the benefit of all stakeholders, and to have regard to the long-term effect of our decisions on the Charity. This statement addresses the ways in which we as Trustees execute this responsibility.

Promoting the Charity’s success for its stakeholders

St Elizabeth’s became an independent charity in 2018 with a Board of Trustees and is run on a day to day basis by a Senior Leadership Team. We are proud to deliver of the ways in which, over a century the charity has provided care and support for children and adults of all ages with epilepsy and other complex medical conditions, the severity of which impacts their health, social, behaviour, learning and emotional development. The decisions we make as a Charity, from the ground level through to the Board of Trustees, are for their benefit.

We are a values driven organisation and strive to demonstrate the following ideals:

Compassionate We care. We think of life as a gift, to be respected, celebrated and cherished.

Aspirational We are ambitious for people we work with. We work with passion to ensure that they live their lives to the full, and with dignity. We set high standards and stretching goals, and support people to achieve their potential. Creative We seek out opportunities to be creative, to innovate and to have a positive impact. We embrace change. Collaborative We are collaborative, professional and inclusive. We respect, value and learn from each other. We work in partnership.

Joyful We strive never to lose sight of the fun and joy in life. Our success is dependent on the collective energy and contribution of our staff. Staff who enjoy their work and enjoy being at work, are the bedrock of a high quality sustainable service.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Promoting the success of the charity and employee engagement (continued)

There are wider consultation mechanisms which support us in fostering healthy relationships with stakeholders. These include:

We have agreed and approved a 5-year strategic plan, which emphasises the delivery of market leading services providing the required returns to reinvest in the infrastructure of the operation and property portfolio to build further success. It underlines the need to build a talented team and a respected brand that is recognisable for its purpose and quality of service delivery. We recognise that to succeed we will need to build strategic partnerships with other organisations that can provide the infrastructure to successfully deliver this ambitious plan.

Our key stakeholders, and the ways in which we engage with them, are as follows:

Our clients The views of our clients is of paramount importance to us and forms the basis of our work and there are forums for them in each service area. Additionally we have annual surveys, monthly house meetings and weekly key note session to ensure the views, wishes and aspirations of those who use our services. Regulatory St Elizabeth’s provides services to vulnerable children and authorities consequently is a highly regulated environment. We engage proactively with Ofsted, CQC and multiple local authorities who carry out compliance visits. St Elizabeth’s operates in an open and transparent manner with regulators and aspire to reach the highest possible standard across our services.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Promoting the success of the charity and employee engagement (continued)

Our employees Below are ways we engage with our employees:

The wider community

The Centre is committed to working with and alongside the local community to increase awareness of St Elizabeth’s and the work they do. Nine charity shops across Essex, Hertfordshire and North London support fundraising efforts and help to spread awareness amongst their customers, supported by over 100 volunteers from the local area. St Elizabeth’s is also a member of a number of Business Improvement District (BID) initiatives in towns where our shops are based.

St Elizabeth’s is a member of several Chambers of Commerce and Networking Groups, working alongside town councillors, local businesses and community groups to raise awareness and develop potential partnerships. These continued during lockdown on a virtual forum, and led to significant donations, marketing opportunities and probono support.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Streamlined Energy and Carbon Reporting requirements

We detail below our reporting obligations in relation to the energy use and carbon emissions for the accounting period under review.

UK Greenhouse Gas Emissions and Energy Use Data
year ended 31 December 2021
Energy Consumption used to Calculate Emissions
(kWh)		 for the
6,412,696		 16 month
period to 31
December
2020
8,568,513
Energy Consumption break down (kWh) (Optional)
Gas
Electricity
Transport Fuel		 5,279,334
1,133,362
-		 7,015,423
1,553,090
-
6,412,696 8,568,513
Scope 1 Emissions in Metric Tonnes
CO2e Gas Consumption
Owned Transport - mini-buses, cars and vehicles
Total Scope 1		 967
24		 1,290
40
991 1,330
Scope 2 Emissions in Metric Tonnes
CO2e Purchased Electricity
Total Scope 2		 241 362
241 362
Scope 3 Emissions in Metric Tonnes CO2e
Taxis to Work
Bus Services
Business Travel in Employee Owned Vehicles
Leased vehicles
Total Scope 3		 10
9
-
81		 13
12
-
104
100 129
Total Gross Emissions in Metric Tonnes CO2e 1,331 1,821
Intensity Ratio
Tonnes CO2e per Resident		 7 9

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Streamlined Energy and Carbon Reporting requirements (continued)

Quantification and Reporting Methodology

Where the information has been available we have taken this directly from primary records, for example, gas and electricity invoices and statements. For transport costs, we have taken information from mileage records and applied UK Government’s guidance in relation to energy conversion factors. Where information and data has not been recorded in a comprehensive manner, we have made informed assumptions and judgements in relation to activity and usage. This has applied to the information we have applied in relation to the use of taxis and the staff bus service.

We are actively looking at new approaches and processes which will provide further clarity to our record keeping for emissions, energy consumption and energy efficiency.

Intensity measurement

Our intensity measurement is based upon the average number of residents on site over the period under review.

Measures Taken to Improve Energy Efficiency

The Charity has in place a range of operational initiatives aimed at making a positive contribution towards reducing our carbon footprint, emissions and energy consumption and at improving its energy efficiency. Such initiatives include, but are not limited to:

Additionally, in relation to procurement (services and works) the Charity will be actively assessing suppliers and contractors in relation to waste disposal, the use of recycled materials and policies for energy efficiency and reducing their carbon footprint, emissions and energy consumption.

Risk Management

All major risks to which the Charity is exposed have been assessed including those relating to the specific operational aspects of the Charity, its investments and finances. The Trustees believe that by examining the operational and business risks faced by the Group and Charity, and by monitoring reserve levels and ensuring proper systems of financial control are in place, they have established effective procedures and safeguards to mitigate all reasonably known risks.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Risk Management (continued)

The most significant risks faced by the Charity are:

The Charity operates a system of annual planning and budgeting. Performance is monitored against the approved budget with the use of financial and non-financial metrics and targets.

Risks are identified by the Senior Leadership Team and senior managers and the likelihood and impact on the Charity is assessed. Mitigating actions are identified and kept under review. The major risks are set out below:

Risk Mitigation
Staffing –well publicised staffing
crisis in the care sector.
▪Insufficient staff lead to a
reduction in service quality
▪Insufficient staff lead to high
agency and/or premium
overtime costs
▪Insufficient staff creates a skills
gap which could impact on our
Regulatory status
▪Difficulty recruiting and/or
retaining sufficient numbers of
staff who are able/willing to
complete the required RCCL3
qualification
▪Loss of key personnel impacts
on cost/performance
▪Reduction in quality / breadth of
staff training as training moves
to a blended delivery model		 •Development and implementation of the people
strategy (year 1)
•Substantial pay awards in December 2021
•Overseas recruitment drive with Visa Licence
•Development and implementation of the retention
action plan (year 1)
•Embed Investors in People action planning to
support improved practice and retention
•Increase capacity to offer additional support to
RCCL3 candidates
•LMS implemented with no reduction in quality of
training offer, continuing to meet regulatory
requirements
•‘Roll out’ new behaviours work in interactive
workshop
•Devise and implement specific welcome/ induction
training packages with a blended learning approach
to ensure regulatory requirements are met or
exceeded

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Risk Management (continued)

Risk Mitigation
Children’s Home
▪Regulatory rating
▪Reputation
▪Staffing levels
▪Management expertise
▪Staff qualifications
▪Shortfalls in quality		 •1-year temporary post at senior level
•Moved from Inadequate to requires improvement
(Jan 22). Robust development plan in place to
progress further
•Regular updates on progress provided to regulator
•Increased levels of staff engagement
•Targeted recruitment campaign
•Development programme for managers
•‘Taught’ sessions for staff completing Level 3
qualification
•Fill remaining Registered Managers and Deputy
Manager vacancies
•Complete all applications for individual registrations
•Review RLSA model
•Daily safety briefings in place
•Pan Registered Manager employed and registration
in progress (MG)
Safeguarding
▪Risk that inadequate staffing
levels and reduced training lead
to SAFA concerns		 • Staff paid to compete training on LMS when off duty
•Group supervisions rolled out on key safety subjects
•Daily safety briefings
Financial Stability
▪Unable to meet going concern
criteria in the medium term due
to economic uncertainty (high
and rising inflation) making
estimates difficult on both
operating and capital costs,
alongside regulatory
pressures/requirements which
is driving higher expenditure to
address.		 •Ensuring care services are adequately staffed to
avoid regulatory censure
•Working with regulators to ensure services are
graded at a level to allow continued, viable,
operation and avoid enforced service closure
•Seek and obtain increased fees from Local
Authorities to reflect the increased costs of staffing
and inflation
•Further tighten all procurement activities and
continue to seek best value for money

Solvency statement

Trustees have conducted a thorough risk assessment and are confident that, should the Covid-19 pandemic continue at its current level, the Charity has adequate funds to continue trading.

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Report of the Board of Trustees (including a strategic report) 31 December 2021

Statement of Trustees’ responsibilities

The Trustees (who are also directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and financial statements, in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Each of the Trustees confirms that:

This confirmation is given and should be interpreted in accordance with the provisions of s418 of the Companies Act 2006.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

St Elizabeth’s Centre 21

Report of the Board of Trustees (including a strategic report) 31 December 2021

Thanks

We would like to record our thanks to all of our staff, volunteers and donors for their hard work, commitment and continuing support throughout the severely testing conditions of the Covid-19 pandemic. Without their dedication, St Elizabeth's Centre would not be able to offer the excellent life style and opportunities it does to the adults, young people and children who are placed in its care.

Christopher Kemball Jill Rankin

Signed on behalf of the Board of Trustees:

Date of approval: 27 September 2022

St Elizabeth’s Centre 22

Independent auditor’s report 31 December 2021

Independent auditor’s report to the members of St Elizabeth’s Centre

Opinion

We have audited the financial statements of St Elizabeth’s Centre (" parent charitable company ") and its subsidiary ( “the group” ) for the period ended 31 December 2021 which comprise the group statement of financial activities, the group and charitable company balance sheets, the consolidated statement of cash flows, the principal accounting policies and the notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and charitable parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

St Elizabeth’s Centre 23

Independent auditor’s report 31 December 2021

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report and financial statements, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the charitable parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Report including the strategic report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

St Elizabeth’s Centre 24

Independent auditor’s report 31 December 2021

Responsibilities of Trustees

As explained more fully in the Trustees’ responsibilities statement, the Trustees (who are also the directors of the Group and Charity for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group’s and the charitable parent company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the charitable parent company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

How the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

St Elizabeth’s Centre 25

Independent auditor’s report 31 December 2021

Auditor’s responsibilities for the audit of the financial statements (continued)

We assessed the susceptibility of the charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of key management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

St Elizabeth’s Centre 26

Independent auditor’s report 31 December 2021

Use of our report

This report is made solely to the Charity’s member, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Charity's member those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's member, for our audit work, for this report, or for the opinions we have formed.

28 September 2022

Edward Finch (Senior Statutory Auditor) For and on behalf of Buzzacott LLP, Statutory Auditor 130 Wood Street London EC2V 6DL

St Elizabeth’s Centre 27

Consolidated statement of financial activities 31 December 2021

Notes Year ended
31 December 2021		 Year ended
31 December 2021		 16-month period ended
31 December 2020		 16-month period ended
31 December 2020
Unrestricted
funds
£’000

Restricted
funds
£’000		 Total funds
2021
£’000		 Unrestricted
funds
£’000		 Restricted
funds
£’000		 Total
funds
2020
£’000
Income and expenditure
Income from:
Donations and legacies
Other trading activities
1
Investment income
2
Charitable activities
3
Total income
Expenditure on:
Raising funds
. Costs of raising funds
4
. Cost of goods sold and other
costs
5
Charitable activities
. Home and Day Services
6
. School & Children’s Home
6
. College & Domiciliary Care
6
Total expenditure
Net income (expenditure) for the
period and net movement in
funds
Funds at the start of theperiod
Funds at the end of theperiod		 220
943
13
24,549
—

—

—

—		 220
943
13
24,549		 192
1,212
33
31,355
152

—

—

—		 344
1,212
33
31,355
25,725
—		 25,725 32,792
152		 32,944
101
768
11,288
8,108
5,242
—

—

15

—

—		 101
768
11,303
8,108
5,242		 151
1,286
15,395
10,759
6,461
—

—

242

46

—		 151
1,286
15,637
10,805
6,461
25,507
15		 25,522 34,052
288		 34,340
218
26,483
(15)

137		 203
26,620		 (1,260)
27,743
(136)

273		 (1,396)
28,016
26,701
122		 26,823 26,483
137		 26,620

There were no other recognised gains or losses other than those stated above.

All of the Group’s activities derived from continuing operations during the above financial periods.

The notes on pages 36 to 47 form part of these financial statements

St Elizabeth’s Centre 28

Consolidated Statement of Financial activities 31 December 2021

Summary of Income & Expenditure
Account
Notes		 Year ended
31 December 2021		 Year ended
31 December 2021
16-month period ended

31 December 2020
16-month period ended

31 December 2020

2021
£’000		 2021
£’000		 2020
£’000		 2020
£’000
Charitable activities
Income from Home and Day Services
3
Expenditure on Home and Day Services
6
Deficit on Home and Day Services
Income from School and Children’s Home
3
Expenditure on School and Children’s Home
6
Surplus on School and Children’s Home
Income from College and Domiciliary Care
3
Expenditure on College and Domiciliary Care
6
Surplus on College and Domiciliary Care
Deficit on charitable activities
Income from:
Donations and legacies
Other trading activities
1
Investment income
2
Expenditure on raising funds
4,5
Net income(expenditure) for theperiod
10,970

(11,303)

8,279

(8,108)

5,300

(5,242)
220

943

13
 14,464
(15,637)
10,729
(10,805)
6,162
(6,461)
(333) (1,173)
171 (76)
58 (299)
(104) (1,548)
344
1,212
33
1,072
(869)		 1,589
(1,437)
203 (1,396)

St Elizabeth’s Centre 29

Consolidated Statement of Financial activities 31 December 2021

Notes
Group at 31
December
2021
£’000		 Charity at 31
December
2021
£’000

Group at 31
December
2020
£’000
Charity at 31
December
2020
£’000
19,741
1,695
3,345
3,996
9,036
(2,157)
6,879
26,620
19,741
6,742
26,483
137
26,620
Fixed assets
Tangible assets
10
Current assets
Debtors
12
Short term deposits
13
Cash at bank and in hand
13
Creditors: amounts falling due
within one year
14
Net current assets
Net assets
Represented by:
Funds and reserves
Unrestricted funds
.Designated funds
15
.General fund
Total unrestricted funds
Restricted funds
16
19,370

2,593

3,357

3,725		 19,370
2,593
3,357
3,725		 19,741
1,695
3,345
3,996
9,675

(2,222)		 9,675
(2,222)		 9,036
(2,157)
7,453 7,453 6,879
26,823 26,823 26,620

19,370
7,331		 19,370
7,331		 19,741
6,742
26,701

122		 26,701
122		 26,483
137
26,823 26,823 26,620

Approved by the Board of Trustees and signed on their behalf by:

Christopher Kemball Trustee

Date: 27 September 2022

St Elizabeth’s Centre

Company Registration Number 11087989 (England and Wales)

St Elizabeth’s Centre 30

Consolidated Statement of cash flows 31 December 2021

Notes
Year ended
31
December
2021
£’000




16-month
period
ended 31
December
2020
£’000
Cash flows from operating activities
Net cash provided by operating activities
A
Cash flows from investing activities
Interest received
Purchase of tangible fixed assets
Net cash used in investing activities
Decrease in cash
B
418		 305
13
(690)		 33
(2,278)
(677) (2,245)

(259)		 (1,940)

Notes to the statement of cash flows for the period to 31 December 2021

A Adjustment of net income (expenditure) before transfers to net cash inflow from operating activities

operating activities
B Year
ended 31
December
2021
£’000		 16-month
Period
ended 31
December
2020
£’000
(1,396)
1,482
(33)
(210)
462
305
At
31 December
2021
£’000
Net income (expenditure) before transfers
Depreciation charge
Interest receivable
Movement in debtors
Movement in creditors
Net cash inflow from operating activities		 203
1,061
(13)
(898)
65
418
Analysis of changes in net debt At
1 January
2020
£’000		 Cash
flows
£’000
Cash at bank and in hand
Short term deposits
Total		 3,996
3,345		 (271)
12		 3,725
3,357
7,341 (259) 7,082

St Elizabeth’s Centre does not have any borrowings or lease obligations. Net debt consists therefore of the cash at bank and in hand.

St Elizabeth’s Centre 31

Statement of accounting policies 31 December 2021

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are laid out below.

Basis of preparation

These financial statements have been prepared for the year ended 31 December 2021 with comparative information given in respect to the 16-month period ended to 31 December 2020.

The financial statements have been prepared under the historical cost convention with items initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (‘Charities FRS 102 SORP 2015’), the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102).

St Elizabeth’s Centre is a public benefit entity as defined by FRS 102.

Basis of consolidation

The consolidated statement of financial activities and group balance sheet includes the financial statements of St Elizabeth’s Centre and St Elizabeth’s Centre Welfare Services Limited, made up to the balance sheet date. St Elizabeth’s Centre Welfare Services Limited is ultimately under the control of St Elizabeth’s Centre but did not trade during this period.

No separate statement of financial activities has been presented for the Centre alone, as permitted by section 408 of the Companies Act 2006.

Assessment of going concern

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements and they have made this assessment in respect of a period one year from the date of the approval of these financial statements.

Despite the decision to close the Adult Home, but with the continued provision of the other services, the Trustees have concluded that there are no material uncertainties related to events or conditions that would cast significant doubt on the ability of St Elizabeth’s Centre to continue as a going concern and the Trustees believe that the Charity has sufficient reserves and resources to withstand any further temporary drop in income or any additional unexpected liability.

Supporting this assessment is the receipt of a donation of £1.75m, in September 2022, from the Daughters of the Cross of Liege to support the continued delivery of the remaining services.

Income

Income is recognised in the period in which the group and charity is entitled to receipt, the amount can be measured reliably and it is probable that the funds will be received.

St Elizabeth’s Centre 32

Statement of accounting policies 31 December 2021

Income (continued)

Legacies are included in the statement of financial activities when there has been a grant of probate, the executors have established that there are sufficient surplus assets in the estate to pay the legacy, and any conditions attached to the legacy are within the control of the Group and Charity.

Investment income, representing dividends, interest, and income from property, includes any associated tax recoverable.

Restricted grants and awards are included once the amount is known and receipt is probable.

Donated goods (with the exception of donated stock in the Group and Charity’s shops) are valued by the Trustees on the basis of their worth to the Group and Charity, are included in the statement of financial activities in the year in which they are received.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenditure is inclusive of irrecoverable VAT. Expenditure comprises the following:

Allocation of support and governance costs

Support costs represent indirect charitable expenditure. In order to carry out the primary purposes of the group and charity, it is necessary to provide support in the form of personal development, financial procedures, provision of office services and equipment and a suitable working environment. Governance costs comprise the costs involving the public accountability of the group and charity (including audit costs) and costs in respect to its compliance with regulation and good practice.

Support costs and governance costs are apportioned based on the proportion of floor area occupied by the activity. Staff related costs are allocated in the same proportion as directly attributable staff costs.

St Elizabeth’s Centre 33

Statement of accounting policies 31 December 2021

Tangible fixed assets

All assets costing more than £1,000 and with an expected useful life exceeding one year are capitalised.

Assets transferred to the group and charity are recognised at their fair value, which is treated as deemed cost. Other assets are recognised at their purchase cost.

Depreciation is calculated at the following annual rates in order to write down each asset to its estimated residual value over its estimated useful life:

Freehold buildings 3 - 10% on cost or revalued amounts Furniture and office equipment 10 - 33% on cost Motor vehicles 20% on cost

No depreciation is provided on freehold land or assets under construction.

Fund accounting

The Restricted Funds are monies raised for, and their use restricted to, a specific purpose, or donations subject to donor imposed condition.

The Designated Funds are monies set aside out of General Funds and designated for specific purposes by the trustees in consultation and agreement with the trustees. Designated Funds also include funds represented by tangible fixed assets and not available for general expenditure.

The General Fund represents unrestricted and undesignated monies used to fund working capital and which the trustees may use at their discretion in furtherance of the group and charity’s objectives.

Leased assets

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the statement of financial activities on a straight-line basis over the life of the lease.

Cash

Cash is held in bank accounts or in hand and money available on demand or term deposits with an expiry date within three months of the balance sheet date.

Debtors

Debtors are recognised at the settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount paid in advance.

Creditors

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount St Elizabeth’s Centre anticipates it will pay to settle the debt.

St Elizabeth’s Centre 34

Statement of accounting policies 31 December 2021

Pension costs

St Elizabeth’s Centre operates a defined contribution pension scheme. The amounts charged represent the employers’ contributions payable to the scheme in the year.

The Centre contributes to the Teachers’ Pension Scheme which is an unfunded scheme and members contribute on a pay as you go basis. The Centre is unable to identify its share of the underlying net assets and liabilities of the scheme and accounts for its contributions as if it were a defined contribution scheme.

St Elizabeth’s Centre 35

Notes to the financial statements 31 December 2021

1 Other trading activities

Other trading activities
Unrestricted
funds
£’000
856
87
943		 Restricted
funds
£’000		 Year ended
31 December
2021
Total
£’000
Charity shops
Events
Total 2021		 —
—		 856
87
— 943
Unrestricted
funds
£’000		 Restricted
funds
£’000
16-month
period ended
31
December
2020
Total
£’000
Charity shops
Events
Total 2020		 1,150
62		 —
—
1,150

62
1,212 —
1,212

2 Investment income

Unrestricted
funds
£’000		 Restricted
funds
£’000		 Year ended
31 December
2021
Total
£’000		 Year ended
31 December
2021
Total
£’000
Bank interest receivable
Total 2021		 13 — 13
13 — 13
Unrestricted
funds
£’000		 Restricted
funds
£’000		 16-month
period ended
31
December
2020
Total
£’000
Bank interest receivable
Total 2020		 33 — 33
33 — 33

St Elizabeth’s Centre 36

Notes to the financial statements 31 December 2021

3 Income from charitable activities

Unrestricted funds Unrestricted funds Unrestricted funds Restricted
funds
£’000		 Year ended
31
December
2021
Total
£’000
13,717
9,559
87
474
23,837
34
24
69
418
167
24,549
Home and
Day
Services
£’000
School &
Children’s
Home
£’000
College &
Domiciliary
Care
£’000
Government fees and grants
Local Authorities (Social Services)
Local Education Authorities and Department
for Education
Department of Work & Pensions
Health Authorities
Rent
Day activity sales
Restaurant sales
Covid-19 grants
Other
Total 2021		 10,076
—
87
474		 —
8,079
—
—		 3,641
1,480
—
—		 —
—
—
—
10,637
15
24
31
170
93		 8,079
10
—
20
129
41		 5,121
9
—
18
119
33		 —
—
—
—
—
—
10,970 8,279 5,300 —
Unrestricted funds Unrestricted funds Unrestricted funds Restricted
funds
£’000		 16-month
period
ended 31
December
2020
Total
£’000
17,025
12,108
120
1,036
30,289
82
32
91
487
374
31,355
Home and
Day
Services
£’000		 School &
Children’s
Home
£’000		 College &
Domiciliary
Care
£’000
Government fees and grants
Local Authorities (Social Services)
Local Education Authorities and Department
for Education
Department of Work & Pensions
Health Authorities
Rent
Day activity sales
Restaurant sales
Covid-19 grants
Other
Total 2020		 12,809
—
120
1,036		 —
10,430
—
—		 4,216
1,678
—
—		 —
—
—
—
13,965
37
32
41
219
170		 10,430
24
—
26
141
108		 5,894
21
—
24
127
96		 —
—
—
—
—
14,464 10,729 6,162 —

4 Cost of raising funds

Cost of raising funds
Unrestricted
funds
£’000
Restricted
funds
£’000		 Year ended
31 December
2021
Total
£’000
91
10
101
Staff costs
Other costs
Total 2021		 91
10
—
—
101
—

St Elizabeth’s Centre 37

Notes to the financial statements 31 December 2021

4 Cost of raising funds (continued)

Cost of raising funds(continued)
Unrestricted
funds
£’000
121
30
151		 Restricted
funds
£’000
—
—
—		 16-month
period ended
31 December
2020
Total
£’000
121
30
151
Staff costs
Other costs
Total 2020
151

5 Cost of goods sold and other costs

Cost of goods sold and other costs
Unrestricted
funds
£’000
43
6
406
220
93
768		 Restricted
funds
£’000
—
—
—
—
—
—		 Year ended
31 December
2021
Total
£’000
Fundraising activities, including the costs of charity shops
. Cost of events including events staff
Cost of events including events Non staff
. Staff costs
. Property
. Other
Total 2021		 43
6
406
220
93
768
16-month
period ended
31 December
Unrestricted Restricted 2020
funds funds Total
£’000 £’000 £’000
Fundraising activities, including the costs of charity shops
. Cost of events including events staff 62 — 62
. Staff costs 623 — 623
. Property 373 — 373
. Other 228 — 228
Total 2020 1,286 — 1,286

St Elizabeth’s Centre 38

Notes to the financial statements 31 December 2021

6 Cost of charitable activities

Cost of charitable activities
Home &
Day
Services
£’000		 School &
Children’s
Home
£’000		 College &
Domiciliary
Care
£’000		 Year ended
31 December
2021
Total
£’000
Staff costs
Academic
Residential
Day Services
Nursing
Support Services
Administration
Facilities costs
Depreciation
Other
Total 2021		 —
6,986
788
470
322
839		 1,220
3,932
—
779
208
557		 554
2,854
—
220
186
542		 1,774
13,772
788
1,469
716
1,938
9,405 6,696 4,356 20,457
712
446
730		 459
502
451		 412
113
361		 1,583
1,061
1,552
11,303 8,108 5,242 24,653
Home &
Day
Services
£’000		 16-month
period
ended 31
December
2020
Total
£’000
2,379
18,327
867
1,707
828
2,325
26,433
2,136
1,482
2,852
32,903
Staff costs
Academic
Residential
Day Services
Nursing
Support Services
Administration
Facilities costs
Depreciation
Other
Total 2020		 —
9,869
867
546
373
1,098		 1,735
5,161
—
905
240
647		 644
3,297
—
256
215
580
12,753 8,688 4,992
960
640
1,284		 620
671
826		 556
171
742
15,637 10,805 6,461

Depreciation for the Centre totalling £111k (£207k in 2020) has been allocated across the three activities on the basis of cost.

St Elizabeth’s Centre 39

Notes to the financial statements 31 December 2021

7 Net income (expenditure) income

This is stated after charging:

Year ended
31 December
2021
Total
£’000


16-month
period ended
31
December
2020
Total
£’000
27,130
28
1,482
397
79
Staff costs (note 8)
Auditor’s remuneration
.Audit
Depreciation of tangible fixed assets
Operating lease rentals – land and buildings
Operatinglease rentals – other		 20,954
20
1,061
247
55

8 Staff costs, and Trustees’ and Management Team members’ remuneration

Year ended
31 December
2021
Total
£’000


16-month
period ended
31
December
2020
Total
£’000
20,247
1,565
752
22,564
96
4,470
27,130
Staff costs during the period were as follows:
Wages and salaries
Social security costs
Other pension costs
Employee costs
Severance Cost
Agency costs
Total staff costs		 16,254
1,304
547
18,105
126
2,723
20,954

Included above are £126k of severance costs (2020 – £96k). All severance costs are recognised in the period as incurred and charged to the income and expenditure account.

St Elizabeth’s Centre 40

Notes to the financial statements 31 December 2021

8 Staff costs, and Trustees’ and Management Team members’ remuneration (continued)

Year ended
31 December
2021
Total
£’000		 Year ended
31 December
2021
Total
£’000


16-month
period ended
31 December
2020
Total
£’000
Staff costs per function were as follows:
Cost of generating donations and legacies
Events
Shops
Operating activities
.Home and Day Services
.School and Children’s Home
.College and Domiciliary Care
Support costs		 91
43
406
8,244
5,931
3,628
2,611		 121
48
623
11,282
7,801
4,197
3,058
20,954 27,130
2021
No.
£‘000

2020
No.
£‘000
£20,348
Annualised staff costs* £20,954

*Due to the differing accounting periods, staff costs in the prior year have been annualised above to provide contextual information regarding costs over a 12-month period, in order to better facilitate comparison between accounting periods.

Employees who earned £60,000 per annum and grossed-up over the 12-month period or more in the following ranges:

2021
No.
5
1
1
1
—
1
—		 2020
No.
£60,001 - £70,000
£70,001 - £80,000
£80,001 - £90,000
£100,001 - £110,000
£111,001 - £120,000
£140,001 - £150,000
£220,001 - £230,000		 5
7
2
—
2
1
1

No Trustees received any remuneration during the year and no Trustees received any reimbursed expenses in respect of their services during the year (16-month period ended 31 December 2020 – none).

Members of the Management Team are executive officers who were paid in accordance with their contracts of employment.

St Elizabeth’s Centre 41

Notes to the financial statements 31 December 2021

Key management personnel

The aggregate remuneration including employer pension contributions for key management personnel for the 12-month period was £587,320 (16-month period ended 31 December 2020 – £958,746).

Staff numbers

The average number of employees, calculated on a headcount basis, was 707 (period ended 31 December 2020 – 786).

Full Time Equivalent 2021
FTE		 2021
FTE		 2020
FTE

2020
FTE
School
Academic
Children’s Home
College and Domiciliary Care
Academic
College residential and Domiciliary Care
Home
Residential
Day services including social enterprises
Health Agency
Central Support Services
Fund Raising and Shops
Management and Administration		 29
115		 144
72
183
32
20
20
56		 31
115

146


100


229
36
23
21
55
10
62		 13
87
161
22		 204
25
527 610

In addition, the cost of agency staff represents approximately 107 (2020 – 171) people on a full time equivalent basis.

9 Taxation

As a registered charity, St Elizabeth’s Centre is not liable to income tax or corporation tax on income and capital gains derived from its charitable activities, as it falls within the various exemptions available to registered charities.

St Elizabeth’s Centre 42

Notes to the financial statements 31 December 2021

10 Tangible fixed assets

Tangible fixed assets
Group and charity Freehold
land and
buildings
£’000


Assets
under
construction
£’000		 Furniture
and
equipment
£’000


Motor
vehicles
£’000		 Total
£’000
24,482
690
—
—
Cost
At 1 January 2021
Additions
Asset Brought into Use
Disposals
At 31 December 2021
Depreciation
At 1 January 2021
Disposals
Charge for period
.School
.Home
.College
.Centre
At 31 December 2021
Net book values
At 31 December 2021
At 31 December 2020		 19,091
384
907
—
907

122

(907)
—		 4,075
184
—
—
409

—

—
—
20,382
122		 4,259
409		 25,172
1,624
169
424
36
39
—

—

—

—

—		 2,788
84
195
13
71
329

8

19

2

1		 4,741
261
638
51
111
2,292
—		 3,151
359		 5,802
18,090
122		 1,108
50		 19,370
17,467
907		 1,287
80		 19,741

Fixed assets include buildings constructed in 1990-91 and 2001-02 costing £1,938,000 in total, which are subject to joint venture arrangements with Aldwyck Housing Association (now Catalyst Housing Limited) and Springboard (now Genesis Notting Hill) Housing Association. £1,251,000 has been received in the form of grants by the Housing Associations in respect of these buildings. The joint venture arrangements include the granting of 99 year leases to the Housing Associations of the land on which the buildings are built, and management agreements renewable every five years enable the Group and Charity to operate the buildings, and be responsible for the care of the residents occupying them, as an integral part of the Home.

11 Investments

St Elizabeth’s Centre Welfare Services Limited (incorporated on 25 October 2019), a private company limited by guarantee and not having share capital, is under the control of St Elizabeth’s Centre. The company has not traded since incorporation.

12 Debtors

Debtors
Group at 31
December
2021
£’000
Charity at 31
December
2021
£’000
Group at 31
December
2020
£’000
Charity at 31
December
2020
£’000
Fees
Other debtors
Prepayments and accrued income		 2,247
33
313		 2,247
33
313		 1,360
45
290		 1,360
45
290
2,593 2,593 1,695 1,695

St Elizabeth’s Centre 43

Notes to the financial statements 31 December 2021

13 Short term deposits and cash at bank and in hand

Group at 31
December
2021
£’000
Charity at 31
December
2021
£’000

Group at
31 December
2020
£’000
Charity at
31 December
2020
£’000

3,345

3,949

47

3,996

7,341
Short term deposits
Cash at bank and in hand
.Current accounts
.Cash in hand
Total		 **3,357 **
3,357		 3,345
3,714
**11 **
3,714

11		 3,949
47
**3,725 **
3,725		 3,996
**7,082 **
7,082		 7,341
14 Creditors: amounts falling due within one year
Group at 31
December
2021
£’000
Suppliers
446
PAYE and social security
351
Other creditors
141
Accruals
1,260
Income received in advance
24
2,222		 Creditors: amounts falling due within one year
Group at 31
December
2021
£’000
Suppliers
446
PAYE and social security
351
Other creditors
141
Accruals
1,260
Income received in advance
24
2,222

Charity at 31
December
2021
£’000


Group at 31
December
2020
£’000

367

304

187

1,142

157

2,157		 Charity at
31 December
2020
£’000
367
304
187
1,142
157
2,157
Suppliers
PAYE and social security
Other creditors
Accruals
Income received in advance		 446
351
141
1,260
24		 446
351
141
1,260
24
2,222 2,222

15 Designated funds

The unrestricted funds of the group and charity include the following designated funds which have been set aside by the trustees for specific purposes.

At 1
September
2020
£’000		 Additions
/Disposals
£’000		 Depreciation
£’000		 At 31
December
2021
£’000
Building replacement fund
Fixed assets fund		 —
19,741		 —
690		 —
(1,061)		 —
19,370
19,741 690 (1,061) 19,370
At 1
September
2019
£’000		 Additions
/Disposals
£’000		 Depreciation
£’000		 At 31
August
2020
£’000
Building replacement fund
Fixed assets fund		 156
18,922		 (156)
819		 —
—		 —
19,741
19,078 663 — 19,741

The fixed assets fund represents the net book value of fixed assets which are used in the day-to-day work of the Charity and hence are not available for working capital.

The building replacement fund was established to set aside funds for future refurbishment of Jubilee House. This work has been completed and the fund is no longer required.

St Elizabeth’s Centre 44

Notes to the financial statements 31 December 2021

16 Restricted funds

Restricted funds
Group and charity Develop-
ments
£’000		 31
December
2021
£’000
Develop-
ments
£’000
31
December
2020
£’000
2
Total income
—
Total expenditure
(15)

Increase (decrease) in funds
(15)

Balance at 1 January 2021
137

Balance at 31 December 2021
122		 —
**(15) **		 152
(288)
152
(288)

(15)

137
(15)

137
 (136)
273
(136)

273
122 122 137
137

Developments represents funds raised to redevelop the Charity and its activities less expenditure on the redevelopment to date.

17 Pension commitments

The Charity makes contributions in respect of the current service of its employees to either the Teachers’ Pensions Scheme or the Scottish Widows scheme.

The Scottish Widows scheme is a defined contribution scheme. The Charity matches employee contributions to the Scottish Widows scheme between 1% and 6%.

Teacher’s Pension Scheme (TPS)

The Teachers' Pension Scheme (TPS) is a statutory, contributory, defined benefit scheme, governed by the Teachers' Pensions Regulations 2014. Membership is automatic for fulltime teachers in schools. All teachers have the option to opt-out of the TPS following enrolment.

The TPS is an unfunded scheme to which both the member and employer makes contributions, as a percentage of salary - these contributions are credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament.

The Government Actuary, using normal actuarial principles, conducts a formal actuarial review of the TPS in accordance with the Public Service Pensions (Valuations and Employer Cost Cap) Directions 2014 published by HM Treasury every 4 years. The aim of the review is to specify the level of future contributions. Actuarial scheme valuations are dependent on assumptions about the value of future costs, design of benefits and many other factors. The latest actuarial valuation of the TPS was carried out as at 31 March 2016. The valuation report was published by the Department for Education on 5 March 2019. The key elements of the valuation and subsequent consultation are:

St Elizabeth’s Centre 45

Notes to the financial statements 31 December 2021

17 Pension commitments (continued)

Teacher’s Pension Scheme (TPS) (continued)

The employer contributions payable to the scheme for the year were £119k (16-month period ended 31 December 2020 – £178k).

A copy of the valuation report and supporting documentation is on the Teachers’ Pensions website.

Under the definitions set out in FRS 102, the TPS is an unfunded multi-employer pension scheme. The academy trust has accounted for its contributions to the scheme as if it were a defined contribution scheme. The academy trust has set out above the information available on the scheme.

18 Leasing commitments

Operating leases

At 31 December 2021 the group and charity had total commitments under non-cancellable operating leases for equipment as follows:

Land and buildings Other Other
2021 2020 2021
£’000		 2020
£’000
£’000 £’000
Operating lease amounts due:
Within one year
Within two to five years
More than 5 years		 238
425
12		 253
566
89		 193
130
—		 146
263
—
675 908 323 409

19 Contingent liabilities

There is a potential liability for the group and charity to repay government grants of £646,000 received towards the cost of Cookson and Chilton houses in the event of the sale of those houses. There are no plans to sell them.

St Elizabeth’s Centre 46

Notes to the financial statements 31 December 2021

19 Contingent liabilities (continued)

There is also a potential liability to repay Housing Association grants in the event of the sale of the buildings constructed under the joint venture arrangements or in the event of a breach of the management agreements (see note 10). There are no plans to sell the buildings.

20 Capital commitments

The group and charity had no capital commitments at 31 December 2021 with the asset under construction in note 10 representing early stage feasibility costs of potential projects. In the prior year, the capital commitment of £157k related to an asset under construction.

21 Analysis of net assets between funds

Group and charity Fixed
Assets
fund
£’000		 General
fund
£’000		 Total un-
restricted
funds
£’000		 Restricted
funds
£’000		 Total
funds
2021
£’000
Fixed assets
Cash resources
Other current assets
Creditors falling due within one year
Total net assets		 19,370
—
—
—
—

6,960

2,593

(2,222)
19,370

6,960

2,593
(2,222)
—

122

—
—
19,370

7,082

2,593

(2,222)
19,370 7,331 26,691 122 26,823

Group and charity		 Fixed
Assets
fund
£’000		 General
fund
£’000		 Total un-
restricted
funds
£’000		 Restricted
funds
£’000		 Total
funds
2020
£’000
Fixed assets
Cash resources
Other current assets
Creditors falling due within one year
Total net assets		 19,741
—
—
—
—

7,204

1,695

(2,157)
19,741

7,204

1,695
(2,157)
—

137

—
—
19,741

7,341

1,695

(2,157)
19,741
6,742
26,483
137
26,620

22 Related parties

With the exception of the amounts due to and from the charity’s wholly owned subsidiary, St Elizabeth’s Centre has identified no related party transactions.

It continues to have an independent working relationship with The Congregation of the Daughters of the Cross of Liege, a charity.

23 Post Balance Sheet Events

As detailed in the Report of the Board of Trustees above, on 18 September 2022, the Trustees made the decision to close the Adult Care Home on 30 November 2022.

St Elizabeth’s Centre 47