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|---|---|---|---|---|---|
|Report ofthe Trustees|||||3 to 20|
|Report ofthe Independent||Auditors|||21 to 23|
|Statement of Financial|Activities (Incorporating||Income and Expenditure|Account)|24|
|Balance Sheet|||||25 to 26|
|Cash Flow Statement|||||27|
|Notes to the Financial|Statements||||28 to 49|
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|Element|||2021-22 kwh|2021-22tCO2e|
|---|---|---|---|---|
|Gas Consumption
—at a premises
where|Nugent||||
|holds control over metering
and invoicing|||4,290,509|786|
|Owned Transport —for vehicles rented/leased
Nugent
for work purposes||by|151,903|36|
|UK Electricity —At premises
where Nugent|holds||||
|control over metering
and invoicing|||1,518,295|322|
|Business Travel - Private staff and volunteer||mileage|52,988||
|Total Emissions
(tC02e)|||||
|||||1,157|
|Intensity
metric tonnes ofCO2e per full time
employee||||3.0 (tCO2e/FTE)|
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|FOR THE YEAR ENDED 3|1 MARCH|2023|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2023|2022|
||||Funds|Funds|Total|Total|
|||Notes|6'000|6'000|8'000|8'000|
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations
and legacies|||285||285|501|
|Charitable
activities|||16,092|642|16,734|14,694|
|Other trading
activities|||72||72|67|
|Investment
income|||154||154|132|
|Other income||||||256|
|Total income|||16,603|642|17,245|15,650|
|EXPENDITURE ON:|||||||
|Raising funds|||301||301|246|
|Charitable
activities||8|17,485||17,485|15,439|
|Total expenditure|||17,786||17,786|15,685|
|NET INCOIIIIE/(EXPENDITURE)|||(1,183)|642|(541)|(35)|
|TRANSFERS BETWEEN FUNDS|||632|(632)|||
|OTHER RECOGNISED GAINS/(LOSSES)|||||||
|Impairment
in value offixed assets
Net gains/(losses)
on investments||11|~797||~797|339|
|NET MOVEMENT
IN FUNDS|||(748)|10|(738)|304|
|Reconciliation
offunds:|||||||
|Total funds brought
forward||22|13,522|43|13,565|13,261|
|TOTAL FUNDS CARRIED FORWARD|||12,774|53|12,827|13,565|
##
||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Notes|6'000|5'000|
|FIXEDASSETS
Tangible assets||||||||13|6,676|6,218|
|Investments
Investments
Investment
property||||||||14
15|5,197
143|5,394
143|
||||||||||12,016|11,755|
|CURRENT ASSETS|||||||||||
|Debtors:
amounts
year
Cash at bank and||falling
in hand||due|within||one|16|2,140
314|1,424
1,745|
||||||||||2,454|3,169|
|CREDITORS|||||||||||
|Amounts
falling|due||within|one|year|||17|(1,643)|(1,273)|
|NET CURRENT|ASSETS/(LIABILITIES)||||||||811|1,896|
|TOTAL ASSETS||LESS CURRENT|||||||12,827|13,651|
|LIABILITIES|||||||||||
|CREDITORS|||||||||||
|Amount
falling|due after|||more||than|one|||(86)|
|year||||||||18|||
|NETASSETS|||||||||12,827|13,565|
##
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##
|FUNDS|Notes
22|2023
6'000|2022
f.'000|
|---|---|---|---|
|Unrestricted
funds:||||
|General
fund
Designated —tangible fixed assets
Designated
- investments||3,685
6,589
2,500|5,017
6,005
2,500|
|Restricted funds||12,774
53|13,522
43|
|TOTAL FUNDS||12,827|13,565|
##
##
|OR THE YEAR ENDED|31 MARC|H 2023||||
|---|---|---|---|---|---|
||||Notes|2023|2022|
|Cash flows from operating|activities|||||
|Net cash flow from operating|activities||29|(376)|602|
|Interest paid||||(5)|(6)|
|Net cash provided
by/(used|in) operating|activities||(381)|596|
|Cash flows from investing|activities|||||
|Purchase
oftangible
fixed assets||||(1,079)|(470)|
|Sale oftangible
fixed assets|||||3,148|
|Dividends
received||||154|132|
|Net cash provided
by/(used|in) investing|activities||(925)|2,810|
|Cash flows from financing|activities|||||
|Bank loan repayments
in year||||(125)|(2,374)|
|Net cash provided
by/(used|in) financing|activities||(125)|(2,374)|
|Change
in cash and cash
in the reporting
period|equivalents|||(1,431)|1,032|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period|||1,745|713|
|Cash and cash equivalents
ofthe reporting
period|at the end||30|314|1,745|
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|INCOME FROM C|HAR|ITABLE ACTIVITES|||
|---|---|---|---|---|
||||2023|2022|
||||E'000|L'000|
|Children' s, adults'|and||||
|community
services|||520|540|
|Special schools
Residential
homes|and||3,019|2,437|
|individualised
support||projects|12,529|11,703|
|Capital grants|||642||
|Miscellaneous|||24|14|
||||16,734|14,694|
##
|OTHE|R TRADING ACTIVIT|IES||||
|---|---|---|---|---|---|
|||Unrestricted
K'000|Restricted
f'000|2023
f'000|2022
f'000|
|Shop|income|72||72|67|
##
|5.|INVESTM|ENT INCOME||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E'000|K'000|
||Dividends|from investments|held|154|132|
|6.|OTHER INCOME|||||
|||||2023|2022|
|||||f'000|6'000|
||CJRS grant|||||
||Sale offixed assets||||256|
||||||256|
##
##
|RAISING|DONATIONS
AND LEGACIES|||
|---|---|---|---|
|||2023|2022|
|||E'000|6'000|
|Fundraising|and publicity|227|185|
|OTHER TRADING ACTIVITIES||||
|||2023|2022|
|||F'000|6'000|
|Charity shop expenditure||74|61|
|Aggregate|amounts|301|246|
##
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|CHARITABLE ACTIVITIES C|OSTS|||||||
|---|---|---|---|---|---|---|---|
|2023|||Activities|Support|&|||
||||Undertaken|Governance||Total|Total|
||||Directly|Costs||2023|2022|
||||6'000|f'000||6'000|f'000|
|(i) Unrestricted
funds||||||||
|Provision
ofchildren' s, adults'|and community|||||||
|services|||710||35|745|933|
|Special schools
Residential
homes and individualised||day|3,714|182||3,896|2,836|
|support projects|||12,245|599||12,844|1'I,420|
|(ii) Restricted funds|||16,669|816||17,485|15,189|
|Provision ofchildren' s, adults'|and community|||||||
|services|||||||53|
|Residential
homes and individualised||day||||||
|support projects|||||||197|
||||16,669|816||17,485|15,439|
|2022|||Activities|||Support
&||
||||Undertaken||Governance||Total|
|||||Directly||Costs|2022|
|||||6'000||f'000|f"000|
|(i) Unrestricted
funds||||||||
|Provision ofchildren' s, adults'|and community|||||||
|services||||894||39|933|
|Special schools
Residential
homes and individualised||day||2,724||112|2,836|
|support projects||||10,966||454|11,420|
|(ii) Restricted funds||||14,584||605|15,189|
|Provision ofchildren' s, adults'|and community|||||||
|services||||53||||
|Residential
homes and individualised||day||||||
|support projects||||197|||197|
|||||14,834||605|15,439|
##
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##
|Support and Governance co|sts|||
|---|---|---|---|
|||Total|Total|
|||2023
f'000|2022
E.'000|
|Office services and quality assurance
Property services
Finance services||550
31
13|372
24
46|
|Management
ITservices||164
40|146
15|
|Office pensions
Fundraising
Other recharges||18|3
29
~30|
|||816|605|
|t expenditure
for the year includes:-||||
|||2023|2022|
|||F'000|E'000|
|Fees payable to the auditor for
Audit||25|15|
|Other services||6|5|
|Depreciation
Operating
lease rentals||621
83|635
18|
|TRUSTEES REMUNERATION|AND BENEFITS|||
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##
||2023|2022|
|---|---|---|
||Number|Number|
|660,000 —670,000|||
|670,000 —680,000|||
|F80,000 —290,000|||
|f90,000 —f100,000|||
|6100,000 - 8110,000|||
|f110,000 - 2120,000|1|1|
|f120,000 - 6130,000|1||
##
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##
|OMPARATIVES F|OR|THE STA|TEMENT OF|FINANCIAL ACTIVITIE|S||
|---|---|---|---|---|---|---|
|2022|||||||
|||||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
|||||6'000|6'000|6'000|
|INCOME AND ENDOWMENTS|||FROM:||||
|Donations
and legacies||||501||501|
|Charitable
activities||||14,517|177|14,694|
|Other trading
activities||||||67|
|Investment
income||||132||132|
|Other income||||256||256|
|Total||||15,473|177|15,650|
|EXPENDITURE ON:|||||||
|Raising funds||||246||246|
|Charitable
activities||||15,189|250|15,439|
|Total||||15,435|250|15,685|
|NET INCOME/(EXPENDITURE)||||38|(73)|(35)|
|Transfers
between|funds|||779|(779)||
|Net gains/(losses)|on|investments||339||339|
|NET MOVEMENT|IN|FUNDS||1,156|(852)|304|
|RECONCILIATION|OF FUNDS:||||||
|Total funds brought||forward||12,366|895|13,261|
|TOTAL FUNDS CARRIED FORWARD||||13,522|43|13,565|
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f'000|f'000|
|Provision
of children' s, adults'|and community||services||16|12|
|Special schools|||||85|34|
|Residential
homes and individualised||support|projects||278|137|
||||||379|183|
|TANGIBLE FIXEDASSETS|||||||
||||Freehold|Building|Motor||
||||Property
f'000|Adaptations
F'000|Vehicles
f'000|Totals
f'000|
|COST|||||||
|At 1 April 2022
Additions
Disposals
At 31 March 2023|||7,607
7,607|10,762
1,080
(32)
11,810|71
(26)
45|18,440
1,080
(58)
19,462|
|DEPRECIATION|||||||
|At 1 April 2022
Charge for year|||3,802
129|8,349
491|71|12,222
620|
|Eliminated
on disposal
At 31 March 2023|||3,931|(30)
8,810|(26)
45|(56)
12,786|
|NET BOOK VALUE|||||||
|At 31 March 2023|||3,676|3,000||6,676|
|At 1 April 2022|||3,805|2,413||6,218|
##
##
##
||Listed|
|---|---|
||Investments|
||6'000|
|MARKET VALUE||
|At 1 April 2022
Additions|5,394
867|
|Disposals
Revaluation|(867)
(197)|
|At 31 March 2023|5,197|
|FAIR VALUE||
|At 31 March 2023|5,197|
|At 31 March 2022|5,394|
||2023|2022|
|---|---|---|
||6'000|f'000|
|UK equities
Overseas equities
UK bonds and gilts
UK property —unit trust
Alternatives|1,275
2,652
356
612|1,553
2,826
350
420|
|UK cash held on deposit|302|245|
||5,197|5,394|
##
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6'000|6'000|
|At|1|April|2022|and|31|March|2023|143|143|
##
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##
|||2023|2022|
|---|---|---|---|
|||f'000|f'000|
|Trade debtors
Other debtors||1,692
99|1,075
16|
|Prepayments
and accrued|income|349|333|
|||2,140|1,424|
|17.CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||2023|2022|
|||6'000|f.'000|
|Bank loans and overdrafts|(see note 19)|87|127|
|Trade creditors||761|266|
|Taxation and social security||218|181|
|Other creditors||577|699|
|||1,643|1,273|
|Other creditors
include;||||
|A holiday accrual for 6103k||||
|Deferred
income at 31 March 2022||||
|Released
in the year||||
|Deferred income at 31 March 2023||||
##
||||||2023
f'000|2022
6'000|
|---|---|---|---|---|---|---|
|Bank|loans|(see|note|19)||86|
##
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##
|An analysis
ofthe maturity
of loans is given below:|||
|---|---|---|
||2023
f.'000|2022
f'000|
|Amounts
falling due within one year on demand:|||
|Bank overdraft|||
|Bank loans|87|127|
||87|127|
|Amounts
falling due within one and two years:|||
|Bank loans —1-2years||86|
|Amounts
falling due within two and five years:|||
|Bank loans —2-5 years|||
##
##
|2023||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2023|2022|
|||Funds|Funds|Total|Total|
|||6'000|F'000|f'000|6'000|
|Fixed assets||6,676||6,676|6,218|
|Investments||5,340||5,340|5,537|
|Current|assets|2,401|53|2,454|3,169|
|Current|liabilities|(1,643)||(1,643)|(1,273)|
|Long term liabilities|||||(86)|
|||12,774|53|12,827|13,565|
##
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##
|2|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|2021|
|||Funds|Funds|Total|
|||6'000|6'000|6'000|
|||||Re-stated|
|Fixed assets||6,218||6,218|
|Investments||5,537||5,537|
|Current|assets|3,126|43|3,169|
|Current|liabilities|(1,273)||(1,273)|
|Long term liabilities||(86)||(86)|
|||13,522|43|13,565|
##
##
|||||At 1 April 2022|Net||Transfers|At 31 March|
|---|---|---|---|---|---|---|---|---|
||||||Movement|in|Between Funds|2023|
||||||Funds||||
||||||6'000||6'000|6'000|
|Unrestricted||funds|||||||
|General
fund||||5,017|(1,183)||(149)|3,685|
|Designated|—tangible||fixed||||||
|assets||||6,005|||584|6,589|
|Designated|—investments|||2,500|(197)||197|2,500|
|||||13,522|(1,380)||632|12,774|
|Restricted|funds||||||||
|Specific||||11||||11|
|Home fund||||19||||19|
|Children's
fund||||8||||8|
|StJoseph's|specific legacy|||5||||5|
|Capital grants||||||642|(632)|10|
|||||43||642|(632)|53|
|TOTAL FUNDS||||13,565|(738)|||12,827|
##
##
##
|MOVEMENT|IN FUNDS|—conti|nued||||
|---|---|---|---|---|---|---|
|Net movement|in funds|included|in the above are as follows:||||
|2023|||Incoming|Resources|Gains and|Movement|
||||resources
6'000|expended
f'000|losses
6'000|in funds
f'000|
|Unrestricted|funds||||||
|General
fund|||16,603|(17,786)||(1,183)|
|Designated —fixed assets
Designated —investments|||||(197)|(197)|
||||16,603|(17,786)|(197)|(1,380)|
|Restricted funds|||||||
|Capital grants|||642|||642|
||||642|||642|
|TOTAL FUNDS|||17,245|(17,786)|(197)|(738)|
##
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##
||||At 1 April|Prior Year|At 1 April|Net|Transfers|At 31|
|---|---|---|---|---|---|---|---|---|
||||2021|Adjustment|2021|Movement|Between|March|
||||As Originally||Re-stated|in Funds|Funds|2022|
||||Stated||||||
||||||f.'000|E'000|F.'000|f'000|
|Unrestricted
funds|||||||||
|General
fund
Designated —tangible||fixed|1,926||1,926|377|2,714|5,017|
|assets
Designated —investments|||8,049
2,500|(109)|7,940
2,500||(1,935)|6,005
2,500|
||||12,475|(109)|12,366|377|779|13,522|
|Restricted funds|||||||||
|Specific|||11||11|||11|
|Home fund
Children's
fund
Bet365 adoption
services
Grant income
StJoseph's specific legacy|||38
8
54
779
5||38
8
54
779
5|(19)
(54)|(779)|19
8
5|
||||895||895|(73)|(779)|43|
|TOTAL FUNDS|||13,370|(109)|13,261|304||13,565|
##
##
|2022|Incoming
Resources
f'000|Resources
Expended
f'000|Gains and
Losses
f'000|Movement
in Funds
6'000|
|---|---|---|---|---|
|Unrestricted
funds
General
fund|15,473|(15,435)|339|377|
|Designated —fixed assets|||||
|Designated —investments|||||
||15,473|(15,435)|339|377|
|Restricted funds
Home fund||(19)||(19)|
|Children's
fund|||||
|Bet365 adoption services
Covid 19funding|177|(54)
(177)||(54)|
||177|(250)||(73)|
|TOTAL FUNDS|15,650|(15,685)|339|(304)|
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||||||Land and|Land and|||
|---|---|---|---|---|---|---|---|---|
||||||buildings||Other|Totals|
|||||||6'000|f'000|f'000|
|Minimum
lease payments||due:|||||||
|Within
1 year||||||12|18|30|
|Within 2 —5years|||||||6|6|
|In more than 5years|||||||||
|||||||12|24|36|
|29. RECONCILIATION|OF NET EXPENDITURE|||TO NET|CASH FLOW FROM OPERATING||||
|ACTIVITIES|||||||||
||||||||2023|2022|
||||||||8'000|9'000|
|Net income/(expenditure)
for the reporting
Statement of Financial Activities)
Adjustments
for:||||period|(as|per the|(738)|304|
|Depreciation
charges|||||||620|635|
|Losses/(gain)
on investments
Gain on sale offixed assets
Interest paid|||||||197
5|(339)
(256)
6|
|Dividends
received
(Increase)/decrease
Increase/(decrease)|in debtors
in creditors||||||(154)
(716)
410|(132)
680
(296)|
|Net cash generated|by/(used||in) operations||||(376)|602|
##
|ANAL|YSIS OF CHANGES
IN NET (|DEBT)/FUNDS|||
|---|---|---|---|---|
|||At 1 April 2022
f'000|Cash flow
2000|At 31 March 2023
6'000|
|Cash|at bank and in hand|1,745|(1,431)|314|
|Debt|||||
|Debts|falling due within
1 year|(127)|40|(87)|
|Debts|falling due after 1 year|(86)|86||
|||(213)|126|(87)|
|Total||1,532|(1,305)|227|