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2021-03-31-accounts

Page
Report ofthe Trustees 1 to 5
Report ofthe Independent
Auditors		 6 Io 8
Statement of Financial Actlvltles
Balance Sheet 10
Cash Flow Statement
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 19

Fo r The Y
rch		 2021
Period
1.10.18
Year Ended to
31.3.21 31.3.20
Unrestricted Total
funds funds
Notes 6 F
INCONIE AND ENDOWMENTS FRONI
Donations
and legacies		 748 318
Charitable
activities
Provision of residential activities 836,636 1,260,312
Investment
Income		 7,411 12,410
Other income 66 255
Total 911,050 1,273,040
EXPENDITURE ON
Charitable
activities
Provision of residential activities 882,652 1,226,284
Net gains/(losses)
on		 investments 21 681 ~17020
NET INCOME 60,079 29,736
RECONCILIATION
OF		 FUNDS
Total funds brought forward 1,856,456 1,826,720
TOTAL FUNDS CARRIED FORWARD 1606565 1856456

F
rTh
ded		 31Ma
h2 2
Period
1.10.18
Year Ended to
31.3.21 31.3.20
Notes f.
Cash flows from operating activities
Cash generated
from operations		 ~58745 58526
Net cash provided
by operating		 activities ~58745 ~58 526
Cash flows from investing activities
Purchase oftangible
fixed assets		 (9,026) (66,283)
Purchase offixed asset investments (3,228) (5,487)
Sale offixed asset investments 1,687 2,443
Interest received
Dividends
received		 1,360
~6051		 2,942
~9468
Net cash used
in investing
activities		 ~3,156) ~55917)
Change
in cash and cash		 equivalents in
the reporting
period		 55,689 1,609
Cash and cash equivalents at the
beginning
ofthe reporting		 period ~430615 429 006
Cash and cash equivalents st the end of
the reporting
period		 ~486 204 ~430 615

Period
1.10.18
Year Ended to
31.3.21 31.3.20
f 8
Net income for the reporting period (as per the Statement of Financial
Activities) 50,079 29,738
Ad)ustments
for:
Depreciation
charges		 26,999 44,701
(Gain)/losses
on investments		 (21,681) 17,020
Interest received (1,360) (2,942)
Dividends
received		 (6,051) (9,488)
Increase in stacks (1,134) (9)
Decrease/(increase)
Increase/(decrease)		 in debtors
in creditors		 2,318
~9575		 (3,384)
~17,148
Net cash provided by operations 58,745 58528
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.20 Cash flow At 31.3.21
6 6
Net cash
Cash at bank and in hand 430,615 55,589 ~486 204
~430615 ~55589 486,204
Total ~430 615 ~55 589 ~486 204

2. DONATIO NS
AND LE		 GACIES
Period
1.10.18
Year Ended to
31.3.21
f		 31.3.20
f
Donations 748 318
3. INVESTMENT INCOME
Period
1.10.18
Year Ended to
31.3.21 31.3.20
f f
Dividends on investments 6,051 9,488
Deposit account interest ~1360 2 942
~7411 12,410
4. INCOME FROM CHARITABLE ACTIVITIES
Period
1.10.18
Year Ended to
31.3.21 31.3.20
Activity f f
Residential charges Provision of residential activities 836,160 1,259,284
Sundry receipts Provision of residential activities 476 1 048
~836636 ~1250312
5. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8)
f		 note 7)
f		 Totalsf
Provision of residential activities ~871 656 1O996 ~882 652
6. DIRECT COSTS OF CHARITABLE ACTIVITIES
Period
1.10.18
Year Ended to
31.3.21 31.3.20
f
Staff costs 610,703 844,806
Hire of plant and machinery 1,200 1,800
Catering 57,387 86,899
Insurance 12,O99 13,450
Light and heat 19,261 27,007
Telephone 1,674 2,587
Postage and stationery 3,864 5,090
Advertising 4,396 4,873
Sundries 3,673 7,238
Repairs & maintenance 38,164 84,978
Motor &travel 14,800 1,721
Registration fees 4,961 7,178
Training
Activities and entertainment		 5,024
~2051		 7,275
7 021
Carried forward 779,257 1,081,921

DIRECT C OSTS OF CHARITABLE ACTIVITIES -conti nued
Period
1.10.18
Year Ended to
31.3.21
f		 31.3.20
f
Brought forward 779,257 1,081,921
Abbeyfield Society membership 8,906 13,108
Computer expenses 3,322 4,789
Cleaning 18,500 22,872
Household and medical 18,835 9,467
Rates and water 15,599 24,133
Bad debts
Depreciation		 238
26999		 ~44 701
811 866 1 286991

11. STAFF COSTS Fo r The Y r
31 March 2 21
Period
1.10.18
Year Ended to
31.3.21 31.3.20
f f
Wages and salaries 810,703 844,806
~610 703 ~844 806
The average
monthly		 number of employees during ths year was as follows:
Period
1.10.18
Year Ended to
31.3.21 31.3.20
All houses and head office 32 33
No employees
received		 emoluments in excess off60,000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 318
Charitable
activities
Provision of residential activities 1,260,312
Investment
income		 ~12410
Total 1,273,040
EXPENDITURE ON
Charitable
activities
Provision of residential activities 1,226,284
Net gains/(losses)
on		 investments 17020
NET INCOME 29,736
RECONCILIATION
OF		 FUNDS
Total funds brought forward 1,826,720
TOTAL FUNDS CARRIED FORWARD 1 858 458

TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to and
pl'o party
f		 pl'0 petty
f		 fittings
f.		 Totals
f
COST
At 1 April 2020 960,712 369,830 305,810 1,636,352
Additions I 461 7,565 9,026
At 31 March 2021 ~960712 371,291 313375 ~1,645378
DEPRECIATION
At 1 April 2020
Charge for year		 176,912
~9097		 36,160
5 67D		 261,195
12232		 474,267
~26 999
At 31 March 2021 IDII,DDD 41 83D 273427 ~501 266
NET BOOK VALUE
At 31 March 2021 774 7D3 329 461 39,948 ~1144,112
At 31 March 2020 783 800 333670 44 615 1 162085

Induded
in cost or valuation		 Induded
in cost or valuation		 of land and buildings Is freehold land of f50,976 (2020 - f50,976) which
ts not
depreciated.
FIXEDASSET INVESTMENTS
Listed
investments
f
MARKET VALUE
At 1 April 2020 26a,aoa
Additions 3,228
Disposals (1,687)
Revaluations 21,681
At 31 March 2021 ~293 130
NET BOOK VALUE
At 31 March 2021 ~293 130
At 31 March 2020 ~269 908
There were no investment assets outside the UK.
Cost or v alua tion
at 31 March 2021 Is represented
by:
Listed
investments
Valuation in 2012 4,052
Valuation in 2013 4,432
Valuation in 2014 8,357
Valuation in 2015 (7,382)
Valuation in 2016 22,626
Valuation in 2017 11,550
Valuation in 2018 1,042
Valuation in 2020 (17,020)
Valuation In 2021 21,681
Cost ~243 792
~293 130

Iffixed asset investments investments had not been revalued had not been revalued they would have been Induded they would have been Induded at the following at the following historical cost:
31.3.21
f		 31.3.20
f
Cost ~243 792 242 251
Fixed asset investments were valued on an open market basis on 31 March 2021 by the trustees.
15. STOCKS
31.3.21 31.3.20
f
Stocks ~1993 850
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
f		 31.3.20
f
Trade debtors 4,347 6,796
Prepayments ~16538 ~16407
~20 885 23,203
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
f		 31.3.20
f.
Trade creditors 16,920 15,081
Social security and other taxes 9,012 7,346
Accruals and deferred income 3,150 2,950
Accrued expenses ~10707 4 837
~39 789 ~30 214
18. LEASING AGREEMENTS
Minimum
lease payments		 under non-cancellable operating leases fall due as follows:
31.3.21 31.3.20
f
Within one year 1,200 1,200
Between one and five years 623 1,823
1,823 3,023
19. MOVENIENT IN FUNDS
Net
movement At
At 1.4.20 in funds 31.3.21
f f.
Unrestricted funds
Provision of residential care 1,856,456 60,079 1,906,535
TOTAL FUNDS 1556456 5D519 1,9D5665

Net movemen t
in funds		 ,
induded
in the		 above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f		 in funds
f
Unrestricted funds
Provision of residential care 9«,050 (882,652) 21,681 50,079
TOTAL FUNDS ~911050 L882, 665522) ~21 681 ~50 O79

Comparatlve s
for mo		 vement
In funds
Net
At movement At
1.10.18
F		 in funds
f		 31.3.20
F
Unrestricted funds
Provision of residential care 1,826,720 29,736 1,856,456
TOTAL FUNDS 1 828 720 29 738 1 856458
Comparative net move ment
in funds, in		 cluded
in the above are		 as follows:
Incoming Resources Gains and Movement
resources expended
f.		 losses
f		 in funds
f
Unrestricted funds
Provision of residential care 1,273,040 (1,226,284) (17,020) 29,736
TOTAL FUNDS 1 273040 ~7226 284 ~77 020 29 738