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|||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|
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||||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|
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||||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|
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|||||||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|
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|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|
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|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|
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|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|
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|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|
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||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|
##
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|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|
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