2023-03-31-accounts - Bethany Care Trust

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Trustees	Mr M D Bishop	Mr M D Bishop
	Mr R GA Carnall
	Mr S L Dunn
	Dr BA Jacob
	DrSERLim
	Mr EVMichael
	Mr J Miller
	Mr I P Mortimore
	Mr H Yassine
Charity number	1191545
Principal address	17aPamber	Heath	Road
	Tadley
	Hampshire
	RG26 3TH
Illlanagers	Ms C Langthorne
	Mrs M AMurray
Auditor	Morris Lane
	31/33 Commercial		Road
	Poole
	Dorset
	BH14 OHU
Bankers	Lloyds Bank	PLC
	25 Gresham	Street
	London
	EC2V 7HN
Solicitors	Anthony Collins Solicitors LLP
	134Edmund	Street
	Birmingham
	B32ES

		Page
Trustees' report		1 —4
Statement oftrustees'	responsibilities
Independent auditor's	report	6 —8
Statement offinancial	activities
Statement offinancial	position	10
Statement ofcash flows
Notes to the financial	statements	12 —22

				Unrestricted Unrestricted	Unrestricted Unrestricted	Total Year	Total
			Notes	funds	funds	31 March	Year 31
				general	designated	2023	March
				2023	2023		2022
				6	6
Donations and legacies				34,122		34,122	10,202
Charitable activities				1,455,935		1,455,935	1,292,299
Investments				79,206		79,206	64,650
Other income							48,325
Total income				1,569,263		1,569,263	1,415l 6
Emmntiiturnnn;
~ i RiRf d Investment management				483		483	1,898
				483		483	1,898
Charitable activities
Provision of residential			8	1,338,745		1,338,745	1,144,686
care
Total charitable expenditure				1,338,745		1,338,745	1,144,686
Total resources expended				1,339,228		1,339,228	1,146,584
Net incoming resources	before			230,035		230,035	268,(
gains/(losses) on disposal		and transfers
Net gains/(losses) on disposal of property				114,496		114,496	48,044
Net gains/(losses) on investments			22	(12,226)		(12,226)	5,688,519
Net incoming resources	before transfers			332,305		332,305	6,005,455
Gross transfers between	funds			121,363	(121+6g,
Net (expenditure)/income year/ Net movement in	for the funds			453,668	(121363)	332 305	600545'
Fund balances at 1 April	2022			296,442	5,709,013	6,005,455
Fund balances at 31 March		2023		750,110	5,587,650	6,337,760	6,005,455

						31 March			31 March
						2023			2022
					Notes	E	E	E	E
	Fixed assets
	Property, plant and equipment Investment properties				13 14		4,287,650 1,300,000		4,409,013 1,300,000
							5,587,650		5,709,013
	Current assets
i	Prepayments and accrued Trade and other receivables Cash at bank and in hand			income		16,030 39,199 847,877		30,744 33,718 345,015
	Current liabilities					903,106 (51,888)		409,477 (29,816)
	Accruals and deferred income					(101,108)		(83,219)
	Net current assets/(liabilities)						750,110		298,442
	Total assets less	current		liabilities			6,337,760		8,005,455
	Net assets						6,337,760		6,006,455
	Income funds
	Unrestricted funds
	Designated funds General unrestricted		funds		18	5,587,850 750,110		5,709,013 296,442
							6,337,760		6,005,465
							6,337,760		6,005,455

					Year ended			Year ended
					30April			31 December
					2023			2022
				Notes	6
Cash flows from operating			activities
Cash generated	from	operations		21		257,050		476,965
Investing activities
Purchase of property,		plant	and equipment		(716,020)		(306,584)
Proceeds on disposal		of property, plant			882,626		109,984
and equipment
Rent received					79,206		64,650
Net cash used	in investing		activities			245,812		(131,950)
Net cash used	in financing		activities
Net increase/(decrease) in equivalents			cash and cash			502,862		345,015
Cash and cash	equivalents		at beginning	ofyear		345,015
Cash and cash	equivalents		at end of	year		847,877		345,015
Relating to:
Cash at bank and in		hand				847,877		345,015
						847,877		345,015

7	Raising funds	Raising funds
	Investment	management
8	Charitable	activities

Raising funds
		Unrestricted	Total
		funds
		general
		2023	2022
		F	8
Investment management		483	1,898
Charitable activities
		Provision of	Provision of
		residential	residential
		care	care
		2023	2022
			8
Staff costs Depreciation and impairment Food purchases Registration fees and subscriptions Medical expenses Residents' requisites and entertainment Staff training and welfare Rates Water Insurance		759,477 57,027 59,402 9,457 2,223 3,279 17,785 1,413 5,132 18,933	695,463 60,125 48,437 5,896 2,087 4,859 9,626 1,525 6,023 13,497
Heat and light		44,142	15,594
Laundry and cleaning Repairs and maintenance and gardening		17,378 103,793	17,724 55,347
Printing, postage, stationery Telephone	and advertising	4,988 6,516	2,715 5,657
Computer running costs		4,380	733
Motor and travelling expenses Other charitable expenditure		3,491	3,207
		1,118,816	948,515
Share ofsupport costs (see note 9) Share ofgovernance costs (see note 9)		173,525 46,404	131,774 64,397
		1,338,745	1,144,686

Support costs
		Support	Governance	2023	2022
		costs	costs
		6	6
Staff costs		172,251	19,139	191,390	144,870
Bank charges		1,274		1,274	1,391
Bank interest payable
Finance arrangement	fees
Audit fees			4,640	4,640	10,000
Accountancy			13,518	13,518	13,098
Legal and professional			9,107	9107	26812 (
		173,525	46,404	219,929	196,171
Analysed between
Charitable activities		173,525	46,404	219,929	196,171

The analysis of auditor's remuneration
Fees payable to the auditor and associates:	2023	2022
	6	F
Audit ofthe annual accounts	4,640	10,000
Total audit fees	4,640	10000 (
Non-audit services
All other non-audit services

The average	monthly number ofemployees during t	he year was:
		2023	2022
		Number	Number
Carers/Domestics/Catering		43	42
Administration		5	5
Management		3	2
Maintenance		1	1
		52	50
Number ofemployees		2023 Number	2022 Number
Full time staff		23	22
Part time staff		29	28
		52	50
Employment	costs	2023	2022
		8	8
Wages and salaries Social security costs Other pension costs		866,404 67,809 16,655	769,914 55,585 14,834
		950,868	840,333

Property,	pl	ant and	equipment
				Freehold	Fixtures	Motor vehicles		Total
				land and,	fittings 8
				buildingsequipment
				6	6		6
Cost
At 1 April	2022			4,420, 5'l1	47,061	1,566		4,469,138
Additions				694,413	9,381			703,794
Disposals				768,815	397			~269,212
At 31 March		2023		4,346,109	56,045	1,566		4,403,720
Depreciation		and Impairment
At 1 April	2022			47,150	12,616		359	60,125
Depreciation		charged	in the year	43,550	13,175		302	57,027
Eliminated	in	respect	ofdisposals	(898)	(184)			(1,082)
At 31 March		2023		89,802	25,607		661	116,070
Carrying	amount
At 31 March		2023		4,256,307	30,438		905	4,287,650
At 31 March		2022		4,373,361	34,445	1,207		4,409,013
The carrying		value of	land included	in land and buildings
comprises:
						2023		2022
								F
Freehold						~21	2	~22


Fair Value		2023
At 1 April 2022		1,300,000
Additions		12,226
Net gains or losses through	fair value adjustments	(12,226)
At 31 March 2023		1,300,000

15	Tradedhibl
	an oter recevaes	2023	2022
		8	6
	Amounts falling due within one year:
	Trade receivables	39,199	33,718
		39,199	33,718
16	Current liabilities	2023	2022
		8
	Other taxation and social security Trade payables	13,778 32,539	16,405 7,235
	Other payables	5,571	6,176
		51,888	29,816

			Nlovement	Nlovement	in funds	in funds
		alance at1	Income in	Expenditure		Transfers	8alance at31
		April	year		in year		liilarch
		2022					2023
					8	8	8
Designated	funds	5,709,013				(121,363)	5,587,650
		5,709,013				(121,363)	5,587,650

19	Analysis ofnet assets between funds	Analysis ofnet assets between funds	Analysis ofnet assets between funds	Analysis ofnet assets between funds		Unrestricted		Designated			Total	Total	Total
						funds		funds
						2023		2023			2023		2022
						6			6			6	6
	Fund balances	at 31 March 2023 are
	represented by;
	Property, plant	and equipment						4,287,650		4,287,650			4,409,013
	Investment properties							1,300,000		1,300,000			1,300,000
	Current assets/(liabilities)					750,110					750,110		296,442
						750,110		5,587,650		6,337,760			6,005,455
20	Related party	transactions
	Remuneration	of key management		personnel
	The remuneration of key management			personnel	is	as follows.
										2023			2022
											6		6
	Aggregate compensation									101,423			111,987
	Transactions	with related parties
	During the year the charity entered		into the following			transactions	with related		parties:
								Services	provided		to	the charity
										2023			2022
											6		6
	Related Parties												790
													790
								Services	provided by the charity 2023 2022
													F
	Key management personnel									10,656			4,045
										10,656			4,045

	Cash generated from operations			2023	2022
				6	6
	Surplus for the year			332,305	6,005,455
	Adjustments for:
	Investment income recognised in statement offinancial activities Loss/(Gain) on disposal of property, plant and equipment Fair value gains and losses on investment properties Depreciation and impairment of property, plant and equipment Transfer ofassets			(79,206) (114,496) 12,226 57,027	(64,650) (48,044) 5,605 60,125 (5,694,124)
	Movements in working capital:
	Transfer from Bethany Care Trust				164,025
	(Increase)/decrease in trade and other receivables (Decrease)/increase in trade and other payables			9,233 39,961	(64,462) 113,035
	Cash generated from operations			257,050	476,965
	Analysis changes in net debt (funds)	At 1	April 2022	Cash flows	At 31 Nlarch
					2023
	Cash at bank and in hand Bank overdrafts		345,015	502,862	847,877
			345,015	502,862	847 877
22	Net gains/(losses) on investments
				Unrestricted	Total
				funds
				general
				2023	2022
				F	6
	Revaluation of investment properties Net assets transferred into CIO			(12,226)	(5,605)
					5,694,124
				(12,226)	5,688,519