Charlty reglstsation nwnber 1186109 IEnyland and Tmaksl Company rpgistration nwibor 02933526 BROOKFIELD HOMECARE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 xeinadin BROOKFIELD HOMECARE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trusts•$ Mr G CooFer MrSHey S•¢T•tsry Mr S Hgywwd Charity numbor 1186109 Company numb•r R•gisl•rod offK• Southwoth HoLtsÈ 35 BvkeThlead Road Hoylake Wiffal CH47 SAQ Audltor XelnathnAutht LKniied 46 Harnih￿ Square al Ck1415AR Sullcltor 8[abr￿ LLP L2 3YL BROOKFIELD HOMECARE LIMITED CONTENTS Page Tntstees. rewt St*ment of trustees, reS￿nsiblitieS IndÈpeThlent a￿lE*S re￿rt Statement of finan081 &#i¥tttes Balanc* sh88t statem￿)1 of cash flrpws 10 NDtès to th8 ￿anc￿l statements 11-19 BROOKFIELD HOMECARE UMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Iru8tees pre3ent theIrannl￿ report and finanL¥al state￿￿ts forthe year ended 31 Mwc* 2024. The financHI statements have been wepared in ￿cOrdan￿ with 1he xcounting poliaes set out in note 1 to the finanaal statements cAMiply with the tharitys govemww dowr￿tt. the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicabl8 in thè UK and Reptsb1￿ of Iraland" ￿ th8 Charities SORP "Accountin9 and Rgporting by Charilies". Statgmgnt of R￿m￿rthd Pracli¢e appls¢ablg to tharib&$ p￿Panr￿ their acv)unls in COrdan￿ with thg FinaThial Rgpowb"ThJ stand￿ applwabk ￿ the UK arvj RgpulAic of Irelarvj IFRS 101" Obj•¢tivo and a¢tivitws The MemoraTrJum ofAsswalKJn of Brookf*kJ FbMe¢a￿ Lfjiwted fft CfrwiiW) states.. .2.1. The OLyects of the Chwity are the re￿ef. care aThJ aTAi5tance of peT5cffls. irrespeL*Ne of cokjur, r￿e or creed Suffering from ￿ fo￿1 of sickness or aThl in parlirJJar (but wrfhout preiLhJice to the generality of the foregoingl= 21.1. the rdief of those in need because of age. Ikheaih. disablty ￿ cther disadvatitagg by IbLrt wfthout prejud￿8 to the generalty oftha for8goirwJ} the provision of ￿m￿)Ilary care.. 11.2. to preserve and ptotect hoallh of those (xing k)r pewA& with physi(%l. montsl or sensory impaim)enl within lh¢ farnity or home by (but withoul Prejud￿ to the generdlty of the foregoing) provtthng sUPPQrt to ¢xrers through the prowsion of domirAliary care." The charitable activllies that contiibute to achievement of tlw)se obiectNes are provis￿n of a 24￿u[ dorniuliary care seNce to those in Ihe IC￿ communty who suffer from nffirnrties which redu￿ their ablty to car8 for th8ms8fv8s bul who prefer to remain in thetr (swn homès. rather than enter lortsJ temi residential ￿ra. Thg Charty PFvwdps we 5eryK%s to aroU￿j 80 dents spread ￿05$ Wrral bul with capacTty lo prDvide for hvJher numbers a8 demarKI for these semces. whth are a k*21 go4Emment priority. extwds suppty at present. Trk)w our actlvltles dellver publlc benèfft Our aim is to provide high quafty affordable savices irres[￿tr￿ of finani?al resources, so our seNices are open to all who need Ihem. We aim to m8tYdge our expenses as e￿lenty as wssl)te. u)mp8tiblè wilh meeting legal and regulatory rèquiremènts. inc¥eased our fee5 during the year lo relkn* the Incr&￿￿ rate of inllalion in Govemment•set pay bevels 50 that we were ab￿ to o)nlinue lo offer a reasCffiab￿ salary to atlract new staff to enabk us to meet demand for our services. Fundraising h8$ ￿t been 8 pMJrity as effort has been on ¢Jevek)piny the business and managing Tt recovery aftÈr the p￿t￿emIc. As the ts dcAnN)led in Hoybke Cottage p￿miSeS, (*pitAI èXp￿rt￿rÈ is un￿.kety lo be a major requirement. The Trustees have paid due ward to guk1￿* tssued by tho Charity CommBsk)n in deodww what aGti¥ities Ihe charity shoLLld undertakg. Achievements and perfomiance &gnific8nt 8ThJ $chi"èvemerts 8gthstot¥8cti Semces fee income increased by 10% largely due lo an atK)ve ￿l￿tion ￿￿ease in the fee rates paid by Social Semces in sUp￿rt of highèr pay levèls for domiclkiry eArÈ slaff. This was offèrèd to assist in attracbng more staff and to improvè care stsff pay genèralty - an aim WÈ ful￿ suprrtjrt and a kjng-ovèrduè recognition of thèir value tr) the community. Sadty. whi151 staff beneffted re(xuilrnenl wnprove. whth was a tre￿1 ￿ health￿re generally. Inevitab￿, staff pay cost increased to mat0* Ihe fee increase tNJl with dose control of general overheads the nel surplus was sirniJ¥ lo the we*ious year enajling BrookfEkJ Homecare to make a donation of £14,￿0 to Hoylake Cottage. BROOKFIELD HOMECARE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Finan¢i41 r•vi•w Tha r8sufts for th• y8ar and tha ChariVs fina￿la1 positK)n at the erHI of the year are sh(Mn on the attached financial statotngnts. The slrate9ic aim Ès to recover the ful (yjst of 5ervKe5 from operating inr￿me. It is acc8Pted that this may not afways owwrthin a ￿ngle year. Re$&Th￿ p0￿ry The Charivs bala￿e $￿et showed Unrestricted Fund5 of £88,252 whth we freety 8V8lable to be spent on the Ch8rtW8 purpose$ Ibein9, kr the purposes ofthi8 of the Trustees ReFth. ts"ReseNesl. The Trustees ￿gula￿ review th8 chari￿s n8ed fof Reserves in Ine wrth guidance i55ued by the Charity c￿MISsIon and are of thp opinKn that th¢ cash bakn￿ hekl the year and at the year-end are ￿lequat& relative to the bu51T￿S lumover. FundingsourGes Cash resources were cnnsidered ￿eq[￿te to hJThJ workng c•lal reW1￿ments. Al8ior17sks Th? wnapal risks facing the bwness. ofwhh* the Trttstees we well wrè, arè: A ehange in &Jvernment priorrties in ffijnd￿g care for those who nee(1 IL Al pwsenL thxniilary care continues lo be seen as a cnsl4tecIr￿ and carng way to pro4TrJe C￿ but that Lwkl and fuThling priority bè directed &Is￿h6(• Reslrtct*)n in govetnrnent fundry wadabikty. leading to insuftient fee incyeases despile muth hhjher wage levels. This is a lesser Ti5k at present fol0vri￿ a dwge in polcy on domi¢*ary care staff pay by Soci41 servI￿s but priorities may ¢*aT￿e in future years Increased regulatory requirements Yrilhout addTtionaJ fvndviy to support ￿)MplyanC* Local competibon for dom￿liary care v4hith 15 irKrea5ing and (*e8ling strong compglrfhjn. ak)ng$lde the NHS, for staff furlher reslricling our abilty to recruit. Staff rec¥uitmenl and rekntion prcblerns arg now the main barripJto fithher developing tho business A national shortaye of persons wilffitvJ to wc¥k in tho seckn due to the lower rates of pay atiging from past underfunding. Thi5 has proved lo be the mr)st serNws risk wh¢ch has become a mapr problem in recent years however recent initiaknve5 led lo improved pay without any great improvement in Plans for fuiuro poriods This year has teen much more difficu]t. Al the haif-year stage. seTrice fee income was 10% lower than the previous year mainly due to iedudion in self4unded dients trmjt not compensated by an increase in soci￿ SeMCèS di8nl fees. Continuing re(¥uitmenl difficulty has be￿ a large part of the probkm. It seems likety that there wtll be a small def￿1 at the year end, which ihe trustees do not consK£er to be unduly seriou5 gNen the cash resource5 of the business. st￿￿re. govemanc• and managomont The Charty was incorporated on 27th May 1994. The issued sharè (xpital was acquired by Hoylaka Cottage on 11th March 2019 whereupon new Arlides of Assotsation adtsptetl setbng wl ils objectivgs and powers and how it is govèmed. The cfjmpany was registered as a ch￿lty on 1st November 2019. There are no activiti.es ouls¥Je Engknd.11 is managed by a Board of Direc*oFS whose mernbew5 are the directors for the purposes ol Company Law and clwty trustees lor the puqjoses ofchwrty Law. The trustees, who are also the directo￿ for the wjrpose of company l**. and who s8rv8d during th8 year and up to the dale of signattwe ofthe f￿ar￿la1 statements were: Mr G Cooper Mr S Heywood BROOKFIELD HOMECARE LIIIITED TRUSTEES. REFIORT IINGLUDING DIRECTORS REPORT) (CoP￿DIuED> FOR THE YÉAR ENDED 31 X4RCH2024 man8g&*èntt8w"tPe S*rbeFng tesponsbfe lotre ofTrtf*è& Ho￿ake In dwe OF 0[￿[r4 tre Ch* ori a Th& poy Auditor a￿tI￿of c¢thpany%rf bE Wtal a PA¢eti 0si(JK btrt ¥fi%thlth the 8urfthr Is thaltw tA¥* laken lo The t￿$1¥6￿ rnF*2rtW •V¥)¥vJ byth8 &wdLrfTnth. MrSH BROOKFIELD HOMECARE UMITED STATEMENT OF TRUSTEES, RESPONSIBILrriES FOR THE YEAR ENDED 31 AIARCH 2024 The Iruslees, who are *0 tho dir¥¢10￿ of ￿mited for the Pu￿)Se of ts)mpany law. ar• responsible for preparing Ihe Truslee5' ReP￿t and the fin3￿jaI statements in aco)rdance with appfKabla law and United ￿r￿jdOffl ACCo￿ting Standards (UNted lfjngdom GeneraltyA￿eptadActQun1Ing Practi￿1. C(¥npany law requires the trustees to Fware finan¢i81 statÈmènts for e&h financtal y9artwhich 9ive a t￿ and fair ew of the statè of affairs of th8 charty and of the Inc￿mIng resOUf¢X5 awvj application of resour¢¢s, includiThJ the incAimè and èxpen(fftur8. of th& charilatde company forthat yew. In preparin9 these financi* 51alements. the trustees are required to.. - select suitable ac(Xjunti￿ poI￿leS and Ihen appty them ￿nsISten￿￿. - obseNe the methods and prinuples in the Charl￿ SORP.. - make judgements and estim8lÈs that arè reasonable and pri#l8nt state whether applicable UK Ai)xunliw Slandatds ho￿ folky￿d, SL&>iect to any material departurés disclosed and explained in Ihe financial slatements- arxl - prepare the fin￿Cial statements on the gcing basis Un￿ it i8 rWyp￿rFal8 to presum8 that the charity will ¢onlinue in operation. The truyle8$ are respons￿le for keermng ajequate aC0)￿t￿￿ Tecords that thd05e wth iea50nable accuracy at any lime the financitj positk)n ofthe charity and eTrablè t￿￿ to ensure that the finarK4al statements ¢x)mpty with the CornpanKs Act 2006. They are also respo￿￿ts￿ fgr safeguarding the assets of ihe chawity and hence for taking reasonabl8 steps for Ihe prevention arKI dete(*on offra￿1 aTrJ other Kregkrilies. BROOKFIELD HOMECARE LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BROOKFIELD HOMECARE LIMITED Opinion We have auditgd the finanoaal Statements of Brookw Horn￿￿re LwThted (the 'chariW) for the year ended 31 Marc* 2LY24 which compiise the statement of finanaal actsv1t￿, the balar￿ sheet. the Statement of cash flows and note5 to the financial statemorbts. wh1￿￿ing signfficant accounting poliaes. The financial reporting framework that ha5 been applied in thew preparation is applKable L￿r aThJ United ￿￿￿10M AC￿Unting Standards, induding FinanrAal Reporting Standard 102 The Finanaal Standanl aptsable in the UK and Republic of Ireland (United King(bJrn GeneratyAcceptedAccounlwu pr￿lICe). In our opinion. the financial statuments: grve a tnje aThJ fair wew of th8 Statè of the ehariiable ￿MPan*S affaits as at 31 Marrth 2024 and of its in￿ming resources applicatipn of irK4LKlin9 ts inLX)me and expenditwe. for the year then ende(I,' have been property prepared in ￿rdarth wrth unl￿ I(￿0M Genèralty A(Wed Ar￿￿nting Practice. and have been prepared n aCCordar￿e￿Ith the wirwnents ofthe Compank$kt 2(Kfj. Basls for oplnlon W¢ conducted our audit in aco)rdan¢* with Internalion4 Standarfs on Awjitng (UK) (ISAS (UK)) and appIl￿ble law. Our ￿SponSIbl[￿S under t￿lSe standarils we f￿her de5(¥ft)ed in the Au(Ikorfs for Ihe audrf of Ihe finanu'al st8t&mwts secbon of our rewt. are indepEndenl of the tharity in acLxJrdance with the ethical requirements that a￿ relevant lo our audit of the financial statements in the UK, induding the FRC'S Ethical Standard. we have fijlfilled our other eth￿al res[￿S￿lI1￿￿eS in accordance these requirements. We belEve that the audit e￿dence we have obtained is suffhxnt and appfwiala to FKo¥ide a basis for our opinion. Con¢lu$lo￿ r*lating to going ¢011¢9rn In auditing th8 financkal statèments. we have CO￿1￿ that Ihe trustees, Ltse of thè goitVJ CA)ncem basis of accountin9 in lh8 preparation of thè stat8menls is 8prKopriatè. Ba￿￿ thg Work have wfOrWr￿d. we have w¥)t ijenlified malefial uncertawrtie5 relating to even15 or conditions that, individualy or ￿l￿rA￿E￿, may (ast signikznt th)ubt on Ihe chaiiV5 abirty to continue as a going ¢xJn¢em for a peri¢￿ of at least hvelve Thwjnths from when the ffia￿al statements are authorised for iss￿. Our responsiblitie5 and the respoMblib8s of th8 Intstées wilh r8spect to goiThJ c¥)[￿•M are d8suibèd in tha relevant sections of this report. Other Inforniatlon The other information cx)mpr59es the ry1format￿ irnaLMJed in Ihe annual report other than the financAal statements and our auditorf$ report thereon. The trustees are respcfflS￿1e for the other nfo￿natIOn contained wtthin the annual report. Our opinion on the financial slatements does not cover th8 other Infornial￿n and, except to the extent olheThwse explicAlly staled in our report. we do not expr8ss ￿ fomi of assuranc8 conthsion th8r8on. Our responsibility is to read the other inforniat*)n aThJ. in doiThJ so. considèr whathar thè other infom)atKJn is matarial in¢onsislenl with the fina￿]07 slat¢ments ty our k1￿]￿d99 L4Jtsin8d in the CQUTse ofthg audit, or olherwise appears lo be materialty misstated. If we idenlrfy SLKh material irvx)n5151en(yes or apparent rnalerial rni55tatemenls. we are reqUI￿d lo detem)ine whether thTS gves iise to a materia misstatement in the finan(￿al statements themsefves. If, based on the woth we have performed. we o)nchJde that there is a Tha￿la1 misstatement of this other infornation. we are required lo ￿port that fact We have nothing lo repjrt in this regard. Opiniom on othw mattoKs pl￿nI>￿ by the C(wnpaniw4 Art 2006 In our opinion, based on the work undertaken n the Qyj￿ of our audrt the infomiation given in the trustees. report for the financial year for which the financigl statements are prepared, which indudes the directors. report wep¥ed for the purposes of company law. is consistent with the finanaal stalemenls.. and the directors, report ¥1(auled wtlhin Ihe trustee5' rep)rt has been prepared ￿ ac￿rdanCe with apP￿Cable Segal requirèmènts. BROOKFIELD HOMECARE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BROOKFIELD HOMECARE UMITED Matters on which w• are requlThl to report by except In the light of the knovledge and undetstsrxling of the and its ￿n￿rOnment obtar￿d in the course of Ihg audit. wo ha¥8 not h*nlified material Th￿￿￿talen￿ in teport in(auded within the tntstees. reporL Wo ha￿ nothing to report in resp￿ of the maiters in relat￿rt lo whth Ihe Companies Act 2LTh)6 requtres lo ieport lo you rf. in our opinion.. ad8quate aC￿untIng record5 habp nDt been kepL OF Tpluwns adequale for our wdit have not been rec*Ned from branche5 r￿1 visited by u5" or the finan¢i81 stslèmènls arè not in agraement wilh the ac*4)unlry r￿OrdS and retwns., or ertain disdosures of trustees. renwneration spe￿fied by faw are not matle," or w8 have not recewed all the informalion and explanalK)ns wo requi￿ for our authl.. or the trustees were rnl entitle(I lo preparè the financial stst8m8nts in ￿ancE with the srnall ￿l￿panieS regirne and take advantage tsf thÈ sm811 (Y)mpa￿S, exemptions in w8parin9 the IrLtstees' report and from the req￿rement to prep¥e a stralegc repo R¢$ponsibilitiès of trusteos As explained more fvlty in the ststement of truste* respons*J"lit*. tho trustg9s, who are *0 the dire0*0￿ of the charity for th8 purpos8 of company law. are reS[￿ible for the pwatalion of the ffinanryal ststsments and for being satisfied that th&y giv8 a true and fair vivw, and for intemal (¥)ntrol as the trustees ￿tem)Ine is necessary to enable the preparation of f5n0￿la1 statements that are free from matsrial wisslatement, whether dLJe to fraud or error. In preparing the finan¢ial statements, the trustees are responsible for asse￿1￿ the chari￿s abilty to continue as a wing (xMc*m. disdositvj, as 8ppf1cab￿. matters related to going con￿rn and using th8 going concem basis of accwntiro unless the tr(￿ either inlend to Iqubjats tho tharitable o)mpany or to cease operations. or have Th) realistic ahemative but to do so. Auditorf• YÈsponslbllitks forth• audit of th• financlal slatements Our obi8ctNes are to oblain reasonable as￿￿anCe abcKrt whether the statements as a Who￿ are free from material misstatement, whether due to fraud or eThDr. and to ￿ue an audiloes ￿￿Yrt that indudes our opinion. Reasonable as$uran¢e is a high level of assurance but is not a guarantee that an audit wnducled in accordan wrth ISAS (UK) will akyays dÈtÈrt 2 Materi￿ misstatemènt when it exisls. Misstatements can arise from fraud or e￿or and are 0jns￿ered rnaterial il, individtwlly ￿ in a9yr¢gale. they COLdd ￿asonabty be expe(tsd to u)fluent th& 8conomic deusions of users taken Dll the basi5 oftl￿se fina￿la1 statements. The gxlent to whiBh our procedures are capabk of detediThJ iffegllaiilies. inthding fraud, i% dètsilèd betow. Our approach lo identsfying and assessing fv risks of mateiial misstat8menl in respeca of irreuwtaritE5. induthn9 fraud and non-conwliance wth lawy and ￿gUlatiOns, w&% as folows: . thè engagement partner erBured that the wryagement team LyJllpLaivgty h* the appropriate competence, capabilities and skills to identfy or recognise norrf0mp1ia￿e with appfKabk l•s and wulations: we idenlified the laws and wulations applicab￿ to the ￿rnpanY thtough th￿u$s￿On9 wth diractors and other management. and from rmjr commercial knowledge and experience of the industry $edor, . we fo(JJsed on speiifi¢ laws aNI regulations whth we considered may have a direct material effed on the finanaal statements or the operations ot thè ￿mPaTry. I￿￿dIng the Companies AL* 2006. taxation legislation and data protection. anli-bribgry. ¢mptyrwt, e￿ronMental and heath and safety legislation: w8 assessed the extent of Complia[￿ wrth laws arKI ￿gulationS identrfied above through making enquiries of m￿agement and inspecting kgal (x)wresponden¢e'. aThJ ￿enIffied laws and regulations were Comm￿￿￿1￿d wilhin the audil tearn regukrly and the kam remained atért to instal￿ of non-compliance througEK)ul the audrt. We assessed the susceptiblty of thÈ fA)mp3nls financial statem8nts to materia] misslatemenl, ir￿￿Jing oblainuig an understandirKJ of how fraLwJ m•Jhl ow. by. msknng ènquiries of management as lo where they COn5Klerpd Ihere was $uscepb"blty lo fraud. their kn￿￿É￿ge tsf *tual, suspe¢tgJ and alleged fraud., and considering the inlernal ￿ntrOL8 in place to Mrt￿le ii5ks of traLwJ aNJ nowmpliance wrth laws and regulations. BROOKFIELD HOMECARE LIMITED INDEPENDENT AUDITOR'S REpoirr (CONTINUED) TO THE MEMBERS OF BROOKFIELD HOMECARE UMrrED To addr8ss the risk of fraud through manag8m8nt bHs arNI 04wrMlè of ￿ntrolS. wa.. . perfomed analy1K￿ proceduws tr) Id￿tsfy any unusual or irnXp￿ relat￿nShIPS. tested joumal entries to identify unusual tranwbons; assessed w￿ther judgemènts and awimplk)ns made in dètenrttnl￿ ￿ ￿r￿until9 estimates were Indi￿tiVe of potèntial tsas,. and . investsgaled the ￿tIOna￿ behind svjnthnt or unus￿1 transaoaions. In response to the risk of irregularities aThl nOTrcom￿ia[￿e with kn and regulathjns, we des￿jne￿ prO￿dUres whith included, twjl were not limited to: agraeing financial statmnt dvsdosures to underlwng supporting documentation.. enquiring of management as tc* potentkal lit￿alKIn 8nd daims," and . reviE￿ing Lx)rre5ponde￿￿lt1I HMRC and rekvarrt wU￿)r$. There are inherent limitations in our aLth w￿￿ureS des￿lted above. The more removed that laws and regulalwjns are from finanaal transacbons, the tess Ikety it is that we woukj become aware of non-compliance. Audiling slandards ￿s0 limit fv audit pro￿d￿e$ requwed trj klentrfy noNx)mpl1an￿ with laws and regutations lo enquiry of the directors and other man8geft￿nt atyl the insr*dK)n of regutstory and leya 0)r￿￿)nd@￿e, if any. Material misstatements that arise due to frnud harder to detec* than fhose that arise from emr as they may involve deliberate ojncealrnenl or oJllusiorL A furth¢r dgscripb.on of our rgswnsibililies ￿ a￿alIable on the F￿a￿al Repowtin9 Couwvifs wobsitg at: hltpsjl www.frc.Drg.uklaLtditorsresponsibilttio5. Thi5 desctF)tion foms part of twi audilorfs repDrt. Us• of our report This report is madè sokly to th8 chwilabba c£Jnwarfs M￿nbe[s. as a l*)ly. in axordanc8 with Chapter 3 of Part 16 of the compani￿ Act 20C6. Our *Jdit work has bean wd8rtakèn so thatwè rrwjht slat• to the tharitable companys mgmbers th￿0 mattgvs wo a￿ required to stale to thgm in an audilor's tgport and fw no other purpose. To the fullest gxltrnt pormitted by law. wtr ¢k) rK)l aL%epl or assume sesponsiLMty to anyone other than the ¢haritsble cownpany and the Charitable ￿MpanY8 a5 a b￿ty. for our a￿Irt wotK foi thks report. of for tho opinirx)s we have formed. Helen Furfong FCCA (Senior Slatutory Auditor) For and on behalf ofXeinadinAuds1 Limiteil. StatutwA￿lItor Chartar8d Accountants 46 Hamilton Square Birkenhead wral M￿9Y$ldo CH415AR Date: ..l.&>..: 1.1,..1.4 BROOKFIELD HOMECARE LIMITED STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDrruRE AccouKr FOR THE YEAR ENDED 31 MARCH 2024 Urnlricted UnrnstrlctÈd Rutrict•d funds funds fund$ 2024 2023 2023 Total 2023 Incom• and endowmefits from: Donalions and ￿￿e1È$ Chawitabk ￿tivit￿S Other 8.86LI 522.93S 8,860 522,936 572.762 1.672 Total Incom• 574.434 531.798 531,796 Expendiiure on: Chaiitable *ivitlgS 513.691 513,697 Totat •xp•ndlture 557254 513.691 513,697 Net Incomv and movamont In funds 17,160 18.105 16) 18,099 Reconciliation of furtd$: Fund balances al 1 April 2023 71.074 s2.￿9 52,975 Fund balanN$ at 31 March 2024 88254 71.074 71.074 Thè slatèmènt of finanaal adNibes all gawbs and losses recognised in the year. Al income and exp&rKllture derive from continuin9 adNtties. BROOKFIELD HQMEGARE LIWTeD ASAf31 AIARCH 2024 T4nlNtrassgts 314 13 Cash atr haAI 78.473 1k021 122. ufis y'èar tb2.9%15 Yotsl 0sseL% less ofthe chaffjc 88.252 28.254 14 Tn￿¥. BROOKFIELD HOMECARE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash gen8rated frornl(absorbed by) rations 19 {15.685) Net ¢ash generated from inv•stiry a¢tfvllles Net cash g•n•rntÈd from financing acllvlties Net incrus￿(d￿re￿ej In cash and cash equivalénts 115,685) Cash and cash equNalents at beginning of year 58,087 73.772 Ca$h and cash equiv*l¢nts al end ofy•ar 78,473 58.087 10- BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢counting polkles Chafity infonnation Brookfield Hornsca￿ Lllxited is a wwate (yjmpany Ivnited by guarant9e inryJrporated n EnglaThJ and Mkles. The regislergd Offi￿ 15 Soulhworth House. 35 Birk8nhead Road. Hoylake. lknl. MeL%eyside, CH47 5Aa. 1.1 A¢¢ounting conventlon The finan¢tal Slatemertls have been prepared in accordance wlh the chariws ￿)verning document. the Companies Ad 2006. FRS 102 Tr Finanual RepNknng Standard applicable in the UK and Republic of I￿larKI. and the Chariknes SORP "Accounting RÈwti)g by CharTties: Staternenl of Recommended Pra¢ti(* appliLzble to cha11t￿S preparing thgii acxx)wts in ax4)rdance wrth the Financk41 Reporbng StarKlard 8ppli¢able in the UK and RepuWK of Ir*nd (FRS 1021". The chwity is a Public Benefft Entty as defined by FRS 102. The finantyal stslements are prepared n sterfry. whK* ts 1he fvnG*onal (JJrrenGy of the charity. Mon•tary amounts ￿ these finanaal stat￿￿￿S are round8(I to the neatest £. The finanaal statem¢nt5 have been wepared under th8 list0￿al ￿st D)nvention. The pmcyal accounting poliaes adopted are set out be￿w. 12 Going ¢oncern At thg time of appKovirwJ the fmancqal statements. Irustees have a rea50nabbe expectathjn that Iho ch¥ity has adequate reSDurces to continue in 0￿rat￿)nal ￿$tenCe for the foreseeable fvture. Thus the trustees continue lo adopt the goiThJ Jxncun basis of a(thmling in preparing the finartfAal statements. 1.3 Charitsbl¢ fund Unrestrictéd ftmds a￿ avaitsbl8 for use at the ol Ihg 1nthes in furtherarKe of their charitable objecbvgs. Rgstridod funds are subiect to speofic CoTh1tio￿ by ¢kn)rs or grantors as to how they may be used. The purposes and uses of the restrthd frjnds are set (Mrt in the notes to the finanoaal statements. Enth)wmenl fvnds a￿ sUbJ￿t to speak conthli(ms by that the t￿pItal must be mantain8d by Iha tharity. 1A In¢ome Income is re¢ognised when the thaTity is legaly tsntit￿d to it after any perfoThn#n¢e conditions have been met. the 8moLJnts Can be measured ￿l1abty. and rt is PrViwb￿ tTrwt inDJme wa be received. In¢>)me from charitable acts￿￿$ i[Kc￿e rec￿ed uTrJer contral . Ino)mg ts recognised in the statement of FIna￿￿Activth$ when the rela￿￿ se￿￿ have been providgd. Cash donaticffls are r8eognised on r￿[pl. 0￿r O)nations are reg)Jnised ￿1¢* ￿ c*arlty has been nolrfled of the donation, unless pèrfomianc* LX•nditions requi￿ deferral of the amount. Irwxme lax recxjverable in relation lo donations r￿l¥ed under GiftAid or deeds of covenant is recognised at the twne ofthe donation. Incorne ftom trading ac￿￿tleS. indudÈ5 income frorn trading actpiiw to raise lunts f￿ the tharity. Income is recognised when earnwj Ihe tharity 15 enlrtled to the r￿1p1. 11 BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ouAting pollcle (Continupd) 1.S Expendlture Expenditure 15 recognised On￿ Ihete 15 a Ipgal or ¢C￿stA￿ ob1￿jabon to transfer economic benefit to a third party, it is probable Ihal a Iran5fw of beneffls wil bè rewired in setttem8nL and the amount of the oblvJation can be measu¥ed reliabty. Expenditur8 is dassified by adivity. The o)sts Df eaE* acbvity affj made of the total of threct cLJsts #nd shared costs. inthding support fY)5ts involved in undertaking each &tivty. Direct costs a￿Ibl￿ab1e to a single adNity a￿ allocated threctty to that actpiity. Shared whith ￿nti)bUte to more than one athty and support costs which are not attributat4e to a acbvity are apwbonÈd bètwèèrt thosa activ￿￿$ on a basi5 ¢onsislenl wtth the use of res￿mS. Central staff o)sls are albcated on th8 basis of timo $penl. and deprea8tk)n (thafges are allocated on the portion of the asseY5 115e. Raising funds ind￿leS all expendiiure injrred by the chanty to raise IuwKts for ts tharilable purposes and includès costs Df all fu￿1[aiSIng actmties, events and ￿)￿d￿rItable athTbe5. abilities are recognised as expenditure as a5 there is a legal or wnstructivg obligation ￿MMItt1n9 the charity lo that ￿￿ndit￿8. it is pmbable that a transfer of economic beneffts wll be ￿ul￿d in Setllement and the arnounl of the obligation ¢an be ￿asured reliabty. Expenditure 15 aC￿Unted for On an aoyuals basis and has been da5sT￿ed under t￿3￿￿79$ that aggregate al cost related ID the category. Where ￿$ts rannol be direclty attributed to partKular they have tr￿1 alxated to adTh*Tt*s on a basi5 o)nsistent with the use of resources. Support costs are those that that assi51 the work of the durity ar8 not dir8cty athibutable lo the tharitablo actNiiTes. Support costs include offi¢e ojsts, admiNstr3tNÈ payroll ￿sts and gOV8mancAg ￿SIS which support the charivs admtses. Where the suppNt cos15 12nnot be attributable to a direct actiwty they have been 8110¢8led to Ihe costs of ftThJs and charitable actNities on a pro•rats basi5. Govemance eL)sts represent costs asscKgaled wilh nwtmg the constitutiorbal and statutory requirements of the charty and include the aL¥Jit fees awKI ci>sts linked to the strategic management ofthe charity. 1.6 Tanglble Ilxed assets Tangible ft)s( wng the effethe Inte￿$1 rate method. Trado cr￿lItorS are obligatic￿S to pay for good5 or ser¥ices that have been acquired in the ordinary ￿Urse of operations from supplie￿. Amcm￿ts payable are dassrfied as CLwrent liabilit￿s if payrnenl is due within one year or less. If r4Jl. they are presented as norFc#Jrrent Irabiltbes. Trade creditors a￿ recognised inilialy al transacton piice and subsewenlty W￿Sured at amorti￿ msl ￿1￿j effe(aNe interest melhod. Dere¢ognlllon of ffnan¢lal li•bih¢ies Financial liayths are (kno)gnise(1 wh0n the tha11￿5 rnntrdthaT obAgath)n8 expire or are discharged or cxne£lèd. 1.10 Employee benefits The (x)sl of any unused holbjay enlrmement is recognised in the which ihe emphjyee's ser¥ic8s are Terniinabon beneffts are reo)gnised IMM￿￿ty as an ￿nstr when the L*arty is demonstrdbty commiltsd to t8nminate thè èmploymènt of an èrnpioyÈe ar b kYOVKle tetmN*tion beneffts. 1.11 Retirement benefits Payments lo defined ￿lAtribUtion retirement ber￿rrt 8d￿ne$ are charged as an expense as they fajl due. -13- BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2024 crftlcal accounting estimatss andjudgeftmnts In the applration of the thariV$ 8Ce£rtJntirwJ w)Soès. thè trustees are requwed lo mako jurlgements. estimates and asSumptior￿ about the ￿TryIng ar￿￿￿1 gf as591s aThJ liabilities that are not re￿IllY apparent ftom olher Sourcès. Th8 8stimates and associated assumptions ￿ basth on historical exp8￿Ce and other factors that are consvJ¥roa to be relevant. Actual result5 may thfferfrom these estimates. The e8lirnates and underlyirhJ assumptions are rewewed on an ongjing basi5. Rewshjns lo 8(xounting estimates are rerxjgnised in the period in whK* the esliEr*te is revised where the rewsitsn afferts only that peri¢d, or in thè ￿riod of the misKJn and perKAls where the re¥1s￿￿ aff￿ t*Jth current and lulure periods. Income from donations and ]•gaciès Unrestricted ilnr•strictod fvnds fund$ 2024 2023 Grants 8,860 In¢om• from charltsble acliviti Unrestrl¢tod Unrestrictod f￿ndS funds 2024 2023 Domklllary ¢ar• Salg of9c￿S 572.762 522,936 Olh•r income Unrpstricted Unrestrkted funds funds 2024 2023 other income 1.672 14- BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEME1￿s (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2024 Expgnditure on charitablg •divii Domiciliary Domlclllary are care 2024 2023 Staff costs DepreCiat￿n and IrnpaTh￿nt Insur￿c￿ Telephone A¢fv8rtising, printing. postage and Statt1￿￿ry Geneial exFenses MedKal expenses Recruilmenl and other staff costs Sofvarg l1¢on￿$ arKI o)mpJter equipment Donations to parent o)mpary 386.932 783 4.469 358.377 4,030 4,027 850 4,5C 5.633 2.730 7.688 3,278 3.702 14.000 428.657 390.182 Shar• ofsupport and governancè costs ls•e nots 71 Support 122.086 6.511 117,515 6,000 557.254 513,697 Anatysis by fund Unreslricled funds Restrided bjnds 557.254 513,691 $57.254 513,697 Support Costs allocated to actfviti•s 2024 2023 Staff ¢05ts Professional fees Bank charges Governance costs 118.224 112.341 4.350 824 6.ODO 6.511 128.597 123,515 Analysed beknveen: DomiThliawy care 128.597 123.515 15- BROOKFIELD HOMECARE UMITED NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocated to aclriitRs Icontinuedl 2024 2023 Gov•rnanc• costs Audit fees Ac¢xJuntar Legal and professional 4.1 2,3Q8 13 3.900 2.100 6.511 6.000 Net movement in fvnds 2024 2023 Thè nèt mov8mant in funds is stated after Fee5 payable to the tharills auditor. - for the audit of the ch8rilVs fi￿￿al slalements - foi other fjnanaal SeN￿S Depreaation of 0￿ed tangib￿ ￿ed assgls 4.19J 2,260 783 3,900 2,100 4.030 Trustsos None of the trjstsès lor any persons connected with them) received ary rernunera￿n or benefits from the charity durin9 the year. 10 Employeos The average monlhty n(trn￿r of employees dLwing the yearwas.. 2024 Numbgr 2023 Number Admin DoM￿ll18ry carg 25 25 Total 28 28 Employmwnt Costs 2024 2023 Wages and salaries Soaal security costs Other pens•)n ¢￿sts 464,425 32,869 433.106 30.399 7.213 505,156 470.718 There were M en¥JkJye8s whose anThJal remUrwdtV￿ vras m￿e than £60.000. 16- BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Emplo￿8$ {Contlnued} Rèmunèrdthjffi of key manage￿￿1t personnel The remuneration of key management personnel wa5 as f0kn￿.. 2024 2023 Aggregats compensation 42.430 41,447 Key manag8m8nt Personnel of thè charity o)nsisled of the Olf￿ manager. 11 Taxatlon The charity is 8X￿nptIr0rn lay2tion on its becauso all its irhxffie 15 applied for dHritable pU￿oSe5. 12 Tangiblo ￿ed assets Cornptrt•r8 Total t*Ung5 Cost Al 1 April 2023 11,880 5.976 17.856 At 31 March 2Q24 11.880 5.976 17.856 D¢pv¢ciation and Impalrn*nt At 1 April 2023 D8pr8ciation dArged in the year 11.rn 110 4.989 673 16,759 783 At 31 March 2024 11,880 17,542 Carrylng amowit At 31 March 2024 314 314 At31 M3rth2023 110 13 DebtOfB 2024 2023 Amounts falling dug within one year. Trade debtors Amount owed by parent undertaknng Othar debtors Prepayments and accwed incon 54,123 57.108 2,318 7.694 57,548 64.802 17- BROOKFIELD HOMECARE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Credltors: amounts tslling T*fthln on• y•ar 2024 2023 Other taxation and swal sec#Jrity Trade creditors Amount owed lo parent urKlgrtaking Other eJÈdrtors AEBru4s and deferred inojme 7,114 7,550 59 2,856 36.398 35,117 5.85LI 48.081 52,911 15 Retirement b•nefft 9chwn 2024 2023 Deflned contribution schemes Charge to profft or loss in rnspeca of defned ￿ntrI)u￿)n sthn 7,862 7213 The charty oper*Ès 8 defin8d contribui*)n pens>Jn stheme for al (FdfyiThJ employees. The assets of Ihg scheme are held sep8rately thoso ofthe thwity in an irvjependendy admIn￿tered fijnd. 16 Sharo capital 2024 2023 Ordinary shaTe capital Issued and fvl]y pald 2 Ordinary of £1 each 17 Unrestrkted fvnds The unrestricted fvnds of the (*wity compiise th8 UMXFended balanw of d￿atiOnS w]d grants which are not subjed to specific ￿nditIOnS by donors and grantors as lo they rrw be used. These indude dFSlgnated funds have been ￿ aswAè of unr&slrKaed fvnds by the trustees for specific purposes. At 1 April 2023 Incomlng Re50urc•s At 31 March Y¢$ourtes expendpd 2024 Ge￿ra1 funds 71.072 574.434 (557,2541 88,252 Pro￿0￿$ year. At 1 April Incominy Rèsources At 31 March 2022 r&sources èxpgnd 2023 General funds 52.*7 531.79S (513.6911 71.072 18 Rglatsd party transactions There were no thsclosable rdated paty transathns dunng the year {2023- Tr)ne). 18- BROOKFIELD HOMECARE UMITED NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 19 Cash g¢n¢rnt¢d froml{absorbed ￿ operallons 2024 2023 Surpius forthe year 17,180 18,099 AdJusbMnts for. Depreaation and impairment oftangth r￿ed assets 782 4,031 Mov¢merts in worklng capltsj: Deueastrl(Increase) in debto {Decréas8) in exeditors 7,254 {4,830) {19.9421 (17.8731 Cash gen•ratgd froml(absorbed by) 0￿ra110n$ 20.386 (15.685) Anatysis of changes In Mtfvnds The chaiity had no material debl duinvJ thg year. 21 Parent Company Hoylake Cottage is r8garded by the trustees as b•ng the dwritys ultwnale parent chaiitable wmpany. Its registered office and prinupal pkn of tAtsiTh￿ is Souihworth Houso. 35 Birkenhead Road. Hoylake. Wirral, Merseyside CH47 5AQ. 19-