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|Trustees'||Sister JArrowsmith|||
|---|---|---|---|---|
|||Sister M McNamara|||
|||Sister TCooney|||
|||Sister ACallaghan|||
|||Sister MJJAye|- appointed|21/06/2022|
|||Sister A Papsiologou|-appointed|21/06/2022|
|||Sister F Ciobanu|-appointed|21/06/2022|
|Charity number||1188025|||
|Company|number|CE020748|||
|Principal|address|Convent ofSt. Emilie|||
|||Grange Road|||
|||Bowdon Vale|||
|||Cheshire|||
|||WA14 3EZ|||
|Telephone||01619284412|||
|Email||provbur@sjapp. org|||
|Auditors||Azets Audit Services|||
|||Alpha House|||
|||4Greek Street|||
|||Stockport|||
|||Cheshire|||
|||SK38AB|||
|Bankers||Royal Bank ofScotland pic|||
|||Drummond
House|||
|||1 RedheughsAvenue|||
|||Edinburgh|||
|||EH12 9JN|||
|Solicitors||Stone King LLP|||
|||Broad Quay House|||
|||Bristol|||
|||BS14DJ|||
|Investment|managers|Barclays|||
|||4th floor, Bridgewater|House||
|||Counterslip|||
|||Finzels Reach|||
|||Bristol|||
|||BS16BX|||
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|||Page|
|---|---|---|
|Trustees'
report||1-6|
|Statement oftrustees'|responsibilities||
|Independent
auditors'|report|8-10|
|Statement offinancial|activities||
|Balance sheet||12|
|Notes to the accounts||13-21|
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|||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|2022|2021|
||||Notes|6|6|5|5|5|
|Incomin
resources from|||enerated funds||||||
|Donations
and legacies||||160|||160|32,586|
|Trading activities|||||1,720,251||1,720,251|1,504,234|
|Investment
income||||210,772|54,221|23,001|287,994|483,195|
|||||210,932|1,774,472|23,001|2,008,405|2,020,015|
|Other incoming
resources||||475|184,214||184,689|227,986|
|Total incoming resources||||211,407|1,958,686|23,001|2,193,094|2,248,001|
|Resources ex ended|||||||||
|Costs ofgenerating
funds|||||||||
|Investment
management|costs|||73,471|22,536|9,343|105,350|104,244|
|Net incoming
resources|available|||137,936|1,936,150|13,658|2,087,744|2,143,757|
|Charitable
activities|||||||||
|Donations||||321,704||63,349|385,053|985,289|
|Convent costs||||587,596|5,454|5,110|598,160|615,004|
|Total charitable
expenditure||||909,300|5,454|68,459|983,213|1,601,293|
|Trading activites|||||1,867,759||1,867,759|1,701,977|
|Total charitable
and trading|||expenditure|909,300|1,873,213|68,459|2,850,972|3,303,270|
|Governance
costs||||22,449|7,293||29,742|38,417|
|Total resources expended||||1,005,220|1,903,042|77,802|2,986,064|3,445,931|
|Net (outgoing)fincoming||resources||(793,813)|55,644|(54,801)|(792,970)|(1,197,930)|
|Other recognised
gains|and losses||||||||
|Revaluation
oftangible
fixed|||assets|2,350,000||50,000|2,400,000||
|Net movement
in investments||||(1,883,338)|(1,142,508)|(307,341)|(3,333,187)|3,374,324|
|Net movement
in funds||||(327,151)|(1,086,864)|(312,142)|(1,726,157)|2,176,394|
|Fund balances at 1 January||2022||27,937,719|7,007,680|2,773,585|37,718,984|35,542,591|
|Fund balances at 31 December|||||||||
|2022||||27,610,568|5,920,816|2,461,443|35,992,827|37,718,985|
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|||2022|2021|
|---|---|---|---|
|||6|6|
|Donations
and gifts||160|1,580|
|Legacies receivable|||31,006|
|||160|32,586|
|Trading activities||||
|||2022|2021|
|Nursing
home fees||1,720,251|1,504,234|
|Staff costs||(1,375,097)|(1,243,501)|
|Repairs and equipment||(165,502)|(180,075)|
|Management
fees||(60,445)|(60,493)|
|Water, power and rates||(104,037)|(68,436)|
|Consumables
and amenities||(96,495)|(90,775)|
|Other costs||(66,183)|(58,697)|
|Net income (loss) from trading|activity|(147,508)|(197,743)|
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|||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||funds
E|funds
f|funds
E|2022f|2021
E|
|Rental income||24,600|||24,600|27,254|
|Dividends||120,148|37,300|15,928|173,376|336,119|
|Investment|interest|66,024|16,921|7,073|90,018|119,822|
|||210,772|54,221|23,001|287,994|483,195|
||||||||Unrestricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|2022|2021|
||||||||E|E|E|f|
||Other income||||||475|74,385|74,860|76,687|
||Sisters' pensions|||||||109,829|109,829|151,299|
||||||||475|184,214|184,689|227,986|
|7|Total resources expended||||||||||
||||||||||2022|2021|
||||||||||E||
||Costs ofgenerating||funds||||||||
||Investment|management||costs|||||105,350|104,244|
||Charitable|activities|||||||||
||Donations||||||||||
||Donations|from restricted||funds|||||63,349|533,810|
||Donations|from unrestricted|||funds||||321,704|351,479|
||Total||||||||385,053|985,289|
||Restricted|convent costs|||||||10,564|48,418|
||Unrestricted|convent|costs||||||ee7,596|557,580|
||Total||||||||598,160|616,004|
||TTdi
d||||||||||
||Care home|costs from designated||||funds|||1,867,759|1,701,977|
||||||||||2,850,972|3,303,270|
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|Governance|costs|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||5||
|Accountancy||||21,543|22,914|
|Legal||||5,861|8,935|
|Other costs||||2,338|6,568|
|||||29,742|38,417|
|Governance|costs includes|payments|to the auditors of813,450(2021:812,450)|||
|for audit fees.||||||
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|The average|monthly
number ofemployees
during t|he year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|||72|71|
|Employment|costs|2022|2021|
|||8|2|
|Wages and salaries||1,388,570|1,288,435|
|Social security costs||1'l6,550|82,828|
|Other pension costs||26,177|39,078|
|||1,531,297|1,410,341|
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|12|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Land and|Plant and|Motor|Total|
|||buildings|machinery|vehicles||
|||6|6|||
||Cost|||||
||At 1 January 2022|3,840,000|151,300|26,925|4,018,225|
||Additions||10,661||10,561|
||Revaluation|2,400,000|||2,400,000|
||At 31 December 2022|6,240,000|161,961|26,925|6,428,886|
||Depreciation|||||
||At 1 January 2022||98,724|19,852|118,576|
||Charge for the year||23,235|3,555|26,890|
||At 31 December 2022||121,959|23,507|145,466|
||Net book value|||||
||At 31 December 2022|6,240,000|40,002|3,418|6,283,420|
||At 31 December 2021|3,840,000|52,575|7,073|3,899,649|
##
|Freehold
land and buildings
were revalued|Freehold
land and buildings
were revalued|at market value|in 2022 by Trafford Surveyors|in 2022 by Trafford Surveyors|Limited, Chartered|
|---|---|---|---|---|---|
|Surveyors.
Leasehold
land and buildings|are due to be revalued|||in 2024.||
|The historical cost of land and buildings|is|52,199,085.||||
|Fixed asset investments||||||
|||||2022|2021|
|||||6||
|Listed investments||||||
|Market value at 1 January 2022||||31,360,015||
|Transferred
to entity|||||27,583,582|
|Gains and losses on investments||||362,242|1,887,395|
|Stockbrokerfees||||(108,341)|(97,989)|
|Capital introduced|||||500,000|
|Dividends||||173,376|336,119|
|Interest||||87,584|118,635|
|Funds forwarded
to sisters||||(984,000)|(454,754)|
|Increase
in market value and movements|relating to additions|||||
|and disposals||||(3,695,429)|1,486,929|
|Market value at 31December 2022||||27,195,447|31,360,015|
|Investment
property||||||
|Market value at 1 January 2022||||1,045,000||
|Transferred
to entity|||||1,045,000|
|Market value at 31 December 2022||||1,045,000|1,045,000|
|Total fixed asset investments||||28,240,447|32,405,015|
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|14|Debtors|||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||||5|
||Trade debtors|||||24,032|31,101|
||Other debtors|||||1,180,622|1,100,405|
|||||||1,204,654|1,131,506|
||Amounts
falling|due aRer more than|one year and|included|in the debtors|||
||above are:|||||||
|||||||2022|2021|
|||||||5||
||Other debtors due over 1 year|||||991,366|991,366|
|15|Creditors: amounts|falling due within one year|2022|2021|
|---|---|---|---|---|
|||||6|
||Trade creditors||89,212|57,100|
||Other creditors||S4,436|90,026|
||Accruals||123,522|109,872|
||Deferred income||4,411|3,404|
||||311,581|260,402|
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||2022|2021|
|---|---|---|
|Expiry date:|||
|Within one year|25,255|23,572|
|Between two and five years|125,630|90,714|
|In over five years||26,218|
||150,885|140,504|