2023-03-31-accounts

CONTENTS			PAGE
Trustees and professional		advisors
Trustees' report			3-6
Independent Examiner's		report	7-8
Balance sheet
Statement offinancial	activities		10
Notes to the accounts			13-18

		Notes	March	2023	March	2022
Tangible assets				1,620,000		1,656,000
Current assets
Debtors and prepayments			3,195		892
Cash at bank and in	hand		707,583		696,577
			710,778		697,469
Current liabilities
Creditors: amounts	falling
due within 12months			303,603		293,155
Net current assets				407,175		404,314
Net assets				2 027 175		2 060,314
Unrestricted funds
General funds				496,824		493,963
Restricted funds
Revaluation reserve				1,530,351		1,566,351
Total funds				2 027 175		2 060314

		FO	R THE	YEAR ENDED	31MARCH 20	23
				Unrestricted	Revaluation	Total
				Funds	Reserve	Funds
			Notes	March 23	March 23	March 23	March 22
Income from
Voluntary income
Investment income				2,103		2,103	90
Charitable activities
Grants				935,096		935,096	879,806
Residents' rent				10,356		10,356	7,071
Miscellaneous income
Total income				947,555		947,555	886,967
Expenditure on
Charitable activities				980,694		980,694	881,525
Total expenditure				980,694		980,694	881,525
Net income/(expenditure)				(33,139)		(33,139)	5,442
Reconciliation of	funds
Transfers between	funds			36,000	(36,000)
Other recognised	gains/(losses)
Gains on revaluation		offixed assets
Net movement in	funds			2,861	(36,000)	(33,139)	5,442
Total funds brought		forward		493,963	1,566,351	2,060,314	2 054 872
Total funds carried		forward		496,824	1,530,351	2,027,175	2,060,314

2.	EMPLOYEE INFORMATION		March	2023	March	2022
	Number ofemployees		18		22
	No employee received emoluments	of
	more than f60,000
	Salaries and wages			657,502		603,341
	Social security costs			39,448		40,483
				696,950		643,824
3.	FIXEDASSETS		Freehold		Freehold
			Property		Property
	Cost
	Brought forward		1,800,000		1,800,000
	Revaluation in year
	Carried forward		1,800,000		1,800,000
	Depreciation
	Brought forward			144,000		108,000
	Charge for the period			36,000		36,000
	Carried forward			180,000		144,000
	Net book value		1,620,000		1,656,000

he trustees have followed FRS1	02and accepted the revalued amount.
DEBTORS	March 2023	March 2022
Grant debtors
Sundry debtors	3,195	892
	3,195	892

5	CREDITORS: amounts falling due within one year			March 2023		March 2022
	Accounts payable			12,522		9,422
	Other creditors			22,422		20,620
	Other creditors re: Pension Deficit Fund			256,000		256,000
	Deferred grant
	Accruals			12,659		7,113
				303,603		293,155
		Balance	Transfers	Income	Expenditure	Balance
	MOVEMENTS IN	O' April 2022				31March 2023
	FUNDS
	Unrestricted funds
	General fund	493,963	36,000	947,555	(980,694)	496,824
	Restricted funds
	Management
	training grant
	Revaluation
	reserve
	Gains on
	revaluation
	offixed assets	1,566,351	(36,000)			1,530,351
	Total funds	2,060,314		947,555	(980,694)	2,027,175

			Total	Total
			March 2023	March 2022
7	EXPENDITURE
	Wages and salaries		696,950	643,824
	Rent, utilities and rates		6,951	4,345
	Stationery, postage, printing	and
	office expenses		1,866	1,967
	Telephone		2,351	2,359
	IT, internet access and website			75
	Insurance		48,086	45,127
	Training and recruitment		6,518	1,731
	Equipment repairs and renewals		2,693	9,115
	Heat, light and power		28,908	22,015
	Sundry expenses		80	105
	Building repairs and maintenance		33,982	14,511
	Health and safety, fire protection		27,682	35,850
	Accountancy fees		8,124	7,390
	Independent examiner fees		850	850
	Trustees expenses		442	352
	Legal k Professional Fees		18,953	5,783
	Bank charges		335	470
	Provisions		33,495	28,254
	Household		7,699	4,925
	Cleaning and garden		7,773	7,101
	Laundry		4,143	1,867
	Medical fees		4,213	5,350
	Residents' travel		211	210
	Residents' activities		2,389	1,948
	Depreciation		36,000	36,000
			980,694	881,525

9.	RECONCILIATION	RECONCILIATION	OFNET	March 2023	March 2022
	INCOME/[EXPENDITURE] TO NET
	CASH FLOWS FROM OPERATING
	ACTIVITIES
	Net income/[expenditure		for the year
	(as per SoFA)]			(33,139)	5,442
	Adjustment for:
	Depreciation charges			36,000	36,000
	[Increase]/decrease	in	debtors	(2,303)	(10)
	Increase/[decrease]	in	creditors	10,448	4,670
	Interest			2,103	90
	Net cash provided	by	[used in]	8,903	46,012
	operating activities
			STATEMENT OF CASH FLOWS
		FOR THE YEAR ENDED		31MARCH 2023

					March 2023	March 2022
Cash flows from operating		activities:
Net cash provided by [used		in] operating		activities	8,903	46,012
Cash flows from investing		activities:
Interest					2,103	90
Purchase offixed assets
					11,006	46,102
Changes in cash in the reporting			period
Cash and cash equivalents	at the beginning
ofthe year					696,577	650,475
Cash and cash equivalents	at the end ofthe year				707,583	696,577
					11,006	46,102
Analysis ofcash and equivalents
Bank and cash					707,583	696,577

				Unrestricted	Revaluation	Total
				Funds	Reserve	Funds
			Notes	2022	2022	2022	2021
Income from
Voluntary income
Investment income				90		90	337
Charitable activities
Grants				879,806		876,557	847,196
Residents' rent				7,071		7,071	11,063
Miscellaneous income
Total income				886,967		886,897	888,257
Expenditure on
Charitable activities				881,525		881,525	896,788
Total expenditure				881,525		881,525	896,788
Net income/(expenditure)				5,442		5,442	(8,531)
Reconciliation offunds
Transfers between	funds			36,000	(36,000)
Other recognised	gains/(losses)
Gains on revaluation		offixed assets
Net movement in	funds			41,442	(36,000)	5,442	(8,531)
Total funds brought		forward		452,521	1,602,351	2,054,872	2,063,403
Total funds carried		forward		493,963	1,566,351	2,060,314	2,054,872

alysis ofprior year f	alysis ofprior year f	un	ds to compl	y with FRS 1	02
MOVEMENTS IN FUNDS			Balance 1"April	Transfers	Income	Expenditure	Balance 31"March
			2021				2022
Unrestricted	funds
General fund			452,521	36,000	886,967	881,525	493,963
Restricted funds
Management
training grant
Revaluation	reserve
Gains on revaluation
offixed assets		1	602 351	(36000)			1,566,351
Total funds		2,054,872			886,967	881,525	2,064,314